1932-07-01 — Page 2

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BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION.

.850.000.000

Authorised Opital mamm Emand and Fully Paid-up nemmenom 30,000,000 Bare Funda-

Bierling....£00,000

Reserve Elability of Progelatoes' cem. $20,000,000

!

READ OFFICE; NONG KONG.

BOARD OF DIRECTORS—

lon, Mr. J. J. Paterson.

Chairman

T. E. Parcs, Bag. Deputy Chairman.

Hon. Mr. W. H. Moll,

8. Compton, Bag.

M. T. Johnson, Eng.

9. Kakia, Bog

EMOT

BELOZOK

MRTAVIA BOMBAY

1. A. Plumen

T. 17. A. Shaw, - Pag

J. P. Warren, Mag.

V. H. Chyboms, Esq. Chief Manager.

BRANCHES !-

LORDON LYONB

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

Incorporated by Royal Charter, 1853.

HEAD OFFICE: LONDON.

THE CHINA MAIL.

THE HO HONG BANK, LTD.

(Established 1917.):

HEAD OFFICE:-SINGAPORE. Hong Kong Branch: 18, Queen's Rd. C. Authorised Capital Straits $20,000,000 laiped Capital.... Paid-up Capital... Reserve Liabilities of Shareholders .... Surplus

#

.02

8,000,000 4,000,000

**

4,000,000 2,637,000

Branches, Agencies and Correspon dents in the principal cities of the world.

£3,000,000 Every description of Banking and £3,000,000 Exchange business transacted.

TAN ENG, HOOL, 3,000,000

Paid-up Capital

Reserve Fund

Reservo Liability of Pro-

prietors

Agencies and Branches:

ALOR STAR

AMRITSAR

AUCHING

MADAR

MANILA

BANGKOK

BATAVIA HOMDAY

CALCUTTA

DANTON

CAWKTORE

0.80

CUTANEO

DELHI

KALPHONO HAMBURG

MEDAR

NEW YORK

PEIPINO (F) S

FINANO

Manager.

THE NATIONAL CITY BANK OF NEW YORK..

*

HEAD OFFICE: 55, Wall Street, NEW YORK.

Capital, Surplus and

Undivided Profits 11.8.$225,509,776,00

Branches la:

BANDOON

BAIOON

BELAKANG

SEREMBAN

SHANGHAI

HANKOW

HINGAPORE

ARGENTINE

HARBIN

SITIAWAN

BELGIUM

HALABJA

HOME KONG

BOURADAYA

MANILA

ILOILO

TAIPING

BRAZIL

MUART (Jahori

THENTAIN

CHILE

ΜΟΚΕΤΑ

KARACHI

TOKORAI (Buket

CHINA

KLAKO

TSINGTAD

KOBE

YOKOHAMA

ZAMBOANGA

CALOUTTA

*CANTON CHEFOO COTONDO

DAIBEN -POOCHOW

RAIPHONG

NEW YORK

PLIPINO

TENANO

RANGOON

SAIGON

BAN KEANCIACO

SHANGILAI

TABELING

HEANROW

TARMIN

¡ONGLEW

IOITA

Prox

JOHOR

KORN

HOWLDON

KUALA LUMPUR

KUNDEL PATANI

SINGAPORE

HOURASTA

TIENTHIN

TORNO

TRINGTAO

YORUTTAMA

Durreal Accounts opened in Local Currency and Fixed Deposits écrived for one your or short periode in Local Curapany and Stella an terms which will be quoted un applications/ Hong Kong, 8th April, 1982

HONG KONG SAVINGS BANK.

The Brainson of the abora Bank, is condicted by the BONG KONG AND SHANGHAI DANE- ING CORPORATION. Rules may be obtalaad an application.

FOR TEN HONGKONG AND SHANGHAI BANKING CORPORATION.

V. M. GRATBURN,

Chief Manager

Hong Kong, 17th February, 1933.

THE BANK OF CANTON, LTD.

Established 1912.

Head Office:-Hong Kong,

Author Capital (H.K. Currency:...$11,000,000 Paid By Capital 800000 Bare Fund, samana

1,100,000

BRANCHES :** Canton, Shanghai, liankow, Hinstar. Bangkok, New York sot 840 Frascie

LONDON BANKERB:---

lied.

The Lloyd's Bank,

CORRESPONDENTS

L

Is all principal elijan of the World. Foreign Exchange sad barking businem of erorg geriation transacted:

Sale posit Boxes (razique site) ni z jedy rental of front $40,

LOOK POONG SHAN,

Chief Manager.

THE BANK OF CHINA.

行銀國字

Reorganised October 26, 1928, under

#pecial charter of The National Gov-| ernment as an

INTERNATIONAL EXCHANGE

BANK.

Subscribed Capital...$25,000,000.00

Pald-Up Capital

.$24,710,200.00

..$ 3,820,508.82

Reserve Funds

HEAD OFFICE: SHANGHAL

HONG KONG BRANCH:

4, Queen's Road Central

Owing to our numerous branches in China and large connections in the im portant commercial centres

of the world, we are able to extend to our clients special facilities for domeatle and foreign banking and exchanges.

We also handle the issue of Bonda

IPOH

KUALA LUMPUR

LONDON

MEXICO

PANAMA

Commerce and Finance.

THE NATIONAL SAVINGS.

When Snowden Feared A Partic.

SCOPE FOR NEW ECONOMY.

London, June 1.

SHARE MARKET. Weekly Reports by Brokers.

CARROLL BROS.

Hong Kong, June 30. This week there has been very little business transacted as the settlement fell during the middle) Viscount Snowden, who was of the week on Tuesday, this went Chancellor of the Exchequer when off quite satisfactorily, and since

then there has been little real busi-i the economic crisis occurred last

ness done, but the undertone seems year has revealed on May 28, that fairly firm and there is quite a lot at one time he had grave fears of a of money in the market waiting! panic among working-class investors for an opportunity for investment, INE

Banks.-Hong Kong & Shanghai COLUMBIA

ISLANDS

in small savings institutions.

Banks have been steady at $1.440 CUBA

PORTO RICO

Lord Snowden was speaking at nominal. STRAITS DOMINICAN

Other banks are all REPUBLIC

SETTLEMENTS the annual meeting of the City of steady at nominal figures with the URUGUAY

London Savings Committee at the exception of National Commercial VENEZUELA

and Savings Banks which are JAPAN

Mansion House. Commercial and Travellers' Letters

wanted at $7, there are no shares of Credits, Travellers' Cheques, Bill:

"The acute financial "crisis of offering at these rates, of Exchange and Cable Transfers last year," he said, "was a magni-

Insurances-Canton Insurances bought and sold. Current accounta and Savings Bank accounts opened and cent testimony to the faith of peo-

are no sellers. Fixed Deposits

China Underwrit in local and foreign ple in this country in these institu- ers are still nominal at $3.30. taken at rates that may be /currenclos

Now that the danger is Unions are also nominal at $130. ascertained on application to the Bank. tions.

are also able to offer our Cus

past I may confide to you that I had China Firas are wanted at $625. the services of the Branches tomers

Shipping. Shares under .this & of the International Banking Corpora- at one time very grave

fear that heading are all nomihaj. tion in Spain and also of The National there might be a panic among the City Bank of New York (France), S.A.. in Paris and Nles.

depositors in these institutions.

Foreign Exchange and General Banking business transacted.

Current Accounts opened and Fix- ed Deposita received for one year or shorter periods at rates which will be quoted on application.

Manager.

J. STUART,

Hong Kong, 11th April. 1932.

THE NATIONAL COMMERCIAL

SAVINGS BANK, LTD.

CURRENT ACCOUNTS. Cheques Cashed in 15 minutes

while you wait.

SAVINGS ACCOUNTS

We offer good rates of interest. TOTAL RESOURCES $19,000,000

EFFICIENT TRUSTWORTHY—

RELIABLE-COURTEOUS.

144-150, Des Voeux Rd. C.

NEDERLANDSCHE HANDEL- MAATSCHAPPIJ, N.V.

(NSTHERLANDS TRADING SOCIETY)

BANKERS.

Established 1820.

Hong Kong Ofco:-11, Queen's on Contral

Authorized Capital ..1.150,000,000 Paid-Up Capital

.f. 80,030,000) Reserves

R. M. MCLAY,

Hong Kong, May 13, 1932.

Manager.

די

"But the panic did not take place.

are still wanted at $1,200, there

Mining-Shares under this heading are all nominal.

Hong Kong & Shanghai Hotels Lands, Hotels and. Buildings.-

It did, not affect these Institutions have buyers at $11 shares chang

at all, and the continued progress of ing hands at $11.15. Hotel Rights: the last six months shows that the are nominal at 65 cents. Lands THE BANK OF TAIWAN, LTD. people's faith in these institutions declined to $11.25 buyers, sellers are nominal at $77. Realties have.

(TAIWAN GINKO.)

HEAD OFFICE: Taipeh, Formosa.

Incorporated by Special Imperial Charter, 1809.

Central Bank in Formoss Issad-Notes Immund Arango amount .......Ven. 15,600,000 BRANCHES AND AGENCIES: JAPAN:-Tokyo, Yokohama, Xoba, Gaulu.

is still unimpaired.

asking $11% at which rate shares; Crisis Slow To Pass. changed hands. Humphries are "The economic crisis is slow to wanted at $15. There are sellers

at $15% and business was done ut: pase. But that it will pass I have this rate.

no doubt whatever. The small Cotton Mills.-Ewos are steady" Bavings institutions have every rea- at The. 13.45 buyers, while business: FORMOSA Bas. Kegi. Karenko, Resluce, son to be proud of how they have was reported at Tls. 13%.

Makong, Nanto, Bhinchiku, Talabu, Yalama, Takao. Tamaul, Toon, Helle, Taito.

{ CHINA :—Shanghai, Hankow, Amoy, Foochow

Swatow, onion.

OTHERS-Hong Kag Singapore, Sacrabaya,

-York, Dairen,

LONDON BANKERS

Burclays Bank, Lid., Lloyds Bank, Ltd.

Bank. Ltd., Westminster Bank, Ltd.

Midinad The Bank Has Correspondente, in all the principal Coranureial Centres liroughout the world. K. NABURA.

weathered the storm. Better timea

Docks, Wharves and Godowns.- Wharves are nominal at $141. will come, and when they do, and China Providents are firmer at $5,

Semang Beinris, Bombay, London. Now people have more to spend usefully, buyers' business being reported at and more to save, the national say. $5.10. All other shares under this

heading are nominal. ings movement and kindred institu- tions will made even greater pro- nominal at $2244. Star Ferries Public Utilities. Trams are gress than in the past."

are offering at 90%. China Since the unparalleled economic Lights have buyers at $19.70 sell- depression began, the national sav- ors asking $19.80. Electrics have ings movement had continued to ex- sellers at $72. Telephones are pand, and, judged by the number of wanted at $22. certificates sold, had grown by 10 Industrials. Canton Ices sre per cent. each year over the preced- nominal at $6.20. Cements are in

HUD KONG BRANCH:

3. Des Tux Road Central. Hong Kong, Dooember 24, 1961.

FOR SALE.

Kacoger

.. 20,015,000 POSTAGE STAMP CATALOGUES

Hand Oce-AMSTERDAM*. Esatorn Head Office:-DATAVIA,

Daarben:Dasdjersanais, Bandung, Boobay,

Caleast.

Cheriton, Dieber, Djok Jakarta”, The Hagua", "Bidak, Kóta. Makasar, Medan, Palembang, Pika. logo, Pong Bangión, Rotterdam*, | Semarang. Bhanghal, Blogapore, Boara. bala, Govrakarta (Bolos, Tegd, Tyškatjup nad Wellawedan".

• Theam oifren have Safe Deposit Bazer to Let.

LONDON BANKERS:

NATIONAL PROVINCIAL BANK LAD.

Correspondents all over the world. Banking Bual. Das of every description transacted,

THE

and other Pablic Funds of the Chin-AMERICAN EXPRESS COMPANY,

ese Government both at home and abroad.

SHOU J. OHEN,

Manager.

Hong Kong, 5th March, 1881.

INC.

Head Office: 65, Broadway. New York.

FOR 1932

from

STANLEY GIBBONS

Part I.

Part II

Yvert & Tellfer

..$5.25

$8.00 ..$6.00

Scott Stamp & Coin Co. $8.00

GRACA & CO., Dealers in Postage Stampa, Gerden Seeda, Philatelic Goods, etc.

ALEXANDER

INSTITUT

DE BEAUTE

Phone 25149. Peder Building

Cist Floor)

་་

Opposite Entrance to

ing year. In other words, in the demand at $18.15. There are buy- first four months of this year the ets at $13.10 for Ropes. weekly

average of savings certi- Miscellaneous-Sellers are ask ficates sold was 40 per cent. higher ing $28 for Dairy Farms but than in 1928.

there seems to be no answering The total amount invested in sav bids. Entertainments are in de- ings certificates, the Post Office, mand at $18.40 ahares having trustee savinga senting cash invest changed hands at $18.60. ment about £857,000,000. This yang Tobaccos are wanted at $5.70 record showed that the habit of but there are no shares for sale saving was becoming ingrained in at these rates.

a large proportion of the population.

It was the more remarkable because

of the new facilities for expenditure which had been opened up.

SHANGHAI SHARES.

Nan-

I The latest are the latest cabled) Closely allied to the saving move quotations of Shanghai Shares:- ment were the building societies.'

FRIDAY, JULY

HONG HONG

PENINSULA HOTEL

HONG KONG HOTEL: REPULSE BAY HOTEL: PEAK HOTEL;

AND

SHANGHAI

ASTOR HOUSE HOTEL: PALACE HOTEL; HOTELS,

LIMITED

In association with the Grand Hotel des Wagons Lita,

MARBLE HALL

11, Nathan Bd. Kowloon

Tel. 67089,

A Balact Private Hotel furnished with an eye to the comfort of its Tenants. Single and doubla suites of rooms with private bathrooms attached.

THE HARBOUR VIEW PRIVATE HOTEL

*

9-12, Chatham Road, Kowloom. Finest position an the Peninsula. Large Airy Rooms with Full Benefit of the Cool Bea Breezes. Unequalled Cuisine.

Phone Tel 56734

Cable Add. Proprietrous Mrs. Gardiner.

"Harrisw."

MAN LOONG, PRESERVED GINGER MANUFACTURERS,

NEW SEASON PRESERVED GINGER Best Quality Prompt attention to Exporters. Office: 2, Dundas Street, Kowloon. Tel 57088. Factory:-2, Godown, Praya, Dundas Street, Mongkok.

DAILY CROSS-WORD PUZZLE.

(This cross-word puzzle has been made by an expert but our readers are warned look out for occasional phonetic rspellings, such as hard mia, and altho

14

12 13.

O

פו

5

16

le

19.

12.

ไ

19

122,

125

26

27

33

136

1447

49.

57

53.

56

Vertical.

124

A. STOKKINE,

Manager. Hong Kong, 21st June, 1982,

No. 10, WYNDHAM STREET, P.O. Box No. 620. HONG KONG

T.ct.

We were rapidly becoming a nation China Finance Corp. of house-owners and that was a International Investment movement which should, be en- Trust Co. (Ord.) {couraged from every point of view. Cathay Land

5.55

7.75

11.50

Capital

THE YOKOHAMA SPECIE BANK,

Surplus

.U.S.$6,000,000.00 U.B.$1,882,882.04

Hong Kong Hotel.

LIMITED.

Reserves

U.S.31,458,116.78

Established 1880.

BRANCHES--

Capital (fully paid-up) Yen 100,000,000, Reserve Fund

-Yen 117,300,000

Head Office: YOKOHAMA, Branches and Agencies at:

Antorus Athens

ملحوت

Nion Napla Pseu Preis

(any colour), Hair Cutting and Mani-

Alexandris

Barlin

Elarrita

Bonkey Beton

Er pasala

Buenos Aires

Nagasaki Nagoya

Calco

Osicutta

Newchwang

Clas

Delantho

New York

Ролид

Palermo. Botterdam Воды

A VISIT WILL CONVINCE YOU,

There were two items of national Shanghai Electric Con

care for Ladles and Gentlemen. Con-expenditure about which we heard ecleations, Artistle Work by Buropeas far too little. The expenditure Ewo Cotton Mills Ltd. Expert, Mr. Alexander.

CHARGES MODERATE"

The total amount invested in Sav- Yangtsze Finance Co. Inga Certificates, the Post Office, International' Assurance trustes savings banks, building so- Co. clatles and other small savings in China Realty Co... stitutions was 42,180,000,000. That Shanghal Land Invesment was a colossal amount, and a great Co. tribute to the thrift of the people. Now Engineering & Ship But there was still among all sec- Building Works (Ord.) 5.90 Lustrous Oil Permanent Hair Waverance and wasteful expenditure.

tions of the community extravag- Shanghai Dock & En- which are Large, Boft and Natural,

gineering Co. Artistic Finger and Marcel Waves, Oli i Drink and Gambling. Shanghai " & Trontment, Shampoofing, Henna. Pack

Wharf Co.

6.50

154

4.00

10.70

Horizontal.

24.25

1. A sweet conserve. 4.. Tine.

1. Jolti

7. Body of water,

10. Sun-dried brick.

12. To acquire knowledge,

14. Venerate.

80.00

Hongkew

219.00

21,

Batavia

Berlin

Bombay!

Dairen (Daily)

Fenger (Mukden) Kio de Janeiro Hamburg, Pio - Bi Francissa

Harbin M

Ginger HAVING Hamburg

HAYTO Interiakan Jerufam Lido London Liverpict LADERAS Lugabe Marillis Casola Mola Carlo

Btamboul

Shanghai Bouthampton Singapore 81. Maria Tienlain

Venice Yokohama

(Chomures); Pris 30-

Branches of American Express Com- pany in Principal cities of United States of America and Canada.

All classes of Commercial Banking Transactions undertaken.

Poradnal, investment accounts

-DUGGAN

PHOTO-SUPPLIES

Kodaka and Cameras.

Films, Plates and Papera, e Developing, Printing and Enlarging.

ZIESS and BUSCH

GLASSES

ance Corp. B

wholly directed at what is regard. Asia Realty "B"

ed as the extravagance of the State Gold Bonds 1925.

and local authorities. It is very little as the State reducing ex- penditure and taxation if the relief. that, is given is going to be spent wastefully and extravagantly

Major-Gen. J E. B. 86ely, chafri man of the National Savings Come mittee said that the average sale of certiscates

| weeks ended MayƑ14

YESTERDAY'S SOLUTION.

SHOWLER

A

AN SETS

403 ARE APLOT SPLI

EEK 150 ALG the four - DD 2003 ZOE! BARBUD

VNATREBA DOJE 90. IRENE NOM ZUE

MJMEN VUGGH RBXT 002 3 ELA .N DRE DU EGA AR NUZORLAGEXPBI

80, A bird.

81. Exclamation.

82. Fronoan. 88. Nothing. 34.Behold 36. A 88. To pout.

pianet.

of the scale.

46 Put on

48. Domestic animal (pl.), 51. Slang.

58 Frolonged attack.

At 54,Affirmative....

65, Beorch,

56. Hall score.

35. Beginning

31. Worship

BRA

BB A city in Belgium. Anti-prohibitionista.

42. A printed notice (abbr.)

48, Ejacula COMS

41. Part

46. Period of, time.

47. Negative,

1:49. An Eastern State: (abbr)

CI Senator (übbr.)

52 Within.today

SUGGESTIONS FOR SOLVING CROSS-WORD

Start out by filling in the words of which you feel

aure. These wil

them, and they

Keson white pa and running

give you a clue to

Filem to still

struction Co, B'.

28.75

22

19.70

25

In this manner.

local authorities, and about one-

upon drink and gambling amounted Shanghai Cotton Manu to £500,000,000 a year equal to half the revenge of the State and Zoong Sing Cotton Mills

26. By way of

28.

facturing Co.

71.00

29. Upon

Conjunction.

18. Omen.

17. Greek letter.

·18

One of the Ave sensen.

20. Business concern (abbr.).

2. Expert.

3. Motion, pictures.

4. Saucy.

5. From

8. Paste.

74. Shallow, dish.

3. Mistake.

9. Some.

11 Exist

12

For example (abbr.), : 15. Each (abbr.).

15. Bac

10. Preposition. 19. Cheerful. 21.". Violent rain.

22. Hebrew prophet.

sixth of the total national Income.

"We hear a great deal about the need for national economy, and I American Oriental Fin- quite agree. But this criticism is.

Ltd........ American Asiatic. Under-

Writera (Ord.)....boy.. 27.00

26.00

10.25

23.

walls.

24.

26." Front."

27.

32. Abases

26.25

57,00%

40

Note