1932-07-08 — Page 2

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION.

Authorised Capital

$50,000,000 Land and Fully' Faid up mom 30,000,000 Reserve Funds --

Starling

$,800.000 $14,000,000

Tadarys Liability of Propelatoes $90,000,000

HEAD OFFICE: HONG KONG,

BOARD OF DIRECTORS:

Hon. Mr. 2. J. Patarmon.

Chairman

T. E. earos, Eq.

Hlas Mr. W, II, Bell,

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

Incorporated by Royal Charter, 1859,

HEAD OFFICE: LONDON.

THE CHINA MAIL.

THE HO HONG BANK, LTD.

(Established" 1917)

HEAD OFFICE --SINGAPORE. LOCAL BRANCH:-

13, Queen's Road Central

Authorised Capital Straits $20,000,000 Esaued Capital

Paid-up Capital

Reserve Liabilities of

Shareholders

H

8,000,000

** 4,000,000

4,000,000

Comerce and

BRANCHES and AGENCIES in the POLITICS AND PRICES

principal cities of the world.

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

Paid-up Capital

Resorve Fund

Reserve Liability of Pro

prietors

.£3,000,000

Agencies and Branches:

KUCHING

ALOR STAR

MADBAR MANILA MEDAN

+

NEW YORK

PELPING (Peking! PENANG

*

AMRITBAR

Deputy ChairmAMA.

J. A, Plum

Bag

... Bbas, Enj.

ДАНСКОЕ BATAVIA DOMDAT CALOUTTA

J. P. Warren, Baq.

CANTON

CAWNPORE ORNU

V... Grayburn, Esq. Chief Manager.

COLOMBO

RANGOON BAIGON

DELIE

SEMARAKO

SEREMBAN

BHANGHAI

Complen, 4. Tabasco, Esq. Miskin, Esq.

AMOY

DANOROB BATAVIA

BRANCHES —

LONDON LYUNS

BONDLY

CALOUTTA

GANTON

CREPOO COLOMBO

DAIREN POOCHOW HASPHONG STAMBUEG JIANKOW

HARBIN

MALACCA

MANILA

MUAR (Johor)

MUKDEN

NEW YORK

PEITING

PENANG

JANEJOON

SAIGON

BAN FRANCISCO

SHANORAC

SONOAPONE

HONGREW

KOCHARYA

ALOITA

SUNGEI PATANI

TPOH

TIENTSIN

JOHONE

TOKYO

KOBE

KOWLOON

KUALA LUMPU

THINGTAO YOKOHAMA

Current Accounts opened in seat Cormery and Fixed posita recelerd for qua your br sborine perioda la Local Company and Sterling on era which will be quoted on application Bong Kong. Bih ́ Apr), 1972,

HONG KONG SAVINGS BANK.

The Buslane of the above Bush is condualn

g the HONG KONG AND SHANGHAI BANK- ING CORPORATION tule kay be ableto un seglisriion.

FOR THE MONOKONG AND AGANGHAT BAKKEN CORPORATION.

V. M. GRAYBURN,

Chit Manager.

Hong Kong, 17th February, 1932.

THE BANK OF CANTON, LTD.

Established 1912.

Head Offer:-Hong Kong.

Authorised Capital (F1.X. Curmany) ...$11,500,000- Paid-Up Capital animemakan #,165,000 Bamorze Füüd .............................. 1,800,000

BRANCHES 10

Chanou, Shaoqbal, Hautow, Swalow, Jarkok, New York and San Francisc0,

LONDON BANERIUS:

The Loyd's Dank, Falled.

CONRESPONDENTS

in ail pricelties of the World.

Porsign Exchange and banking balanse of

www description texanctod.

Sala Deposit Boxen (varias alsor) at » Yourly

reotel of from 5 to $40.

LOOK POONG SHAN;

Chief Manager.

THE BANK OF CHINA.

行銀國

Reorganised October 26, 1928, under

special charter of The National Gov- erament as an

INTERNATIONAL EXCHANGE

DANK.

Subscribed Capital

Paid-up Capital

Reserve Funds

$25,000,000.00

$24,710.200.00

.$ 8,820,603.82

HEAD OFFICE: SHANGHAL

HONG KONG BRANCH:

4, Queen's Road Central

Owing to our numerous branches in China and large connections in the in portant commercial centres of the world, we are able to extend to clients special facilities for domestic and foreign banking and exchanges.

our

HAIPHONG HAMBURG HANHOW HARBIN

HINGATORS

SITIAWAN

BOURABAYA

KO LEONG HOE, Managing Director.

THE NATIONAL CITY BANK OF NEW YORK.

HEAD OFFICE; 55, Wall Street. NEW YORK.

Capital, Surplus and

Undivided Pronta U.S.$225,503,775,00

Branches Int

ARGENTINE LONDON

BELGIUM

BRAZIL

FDNG KONG

CHILE

ILOILO

TAIPING

CHINA

TIENTEIN

TONGRAH (Misket)

BIA

DOMINICAN REPUBLIC

IPOH

KARACHI

ZIANO

KUALA LUMPUR

KOBR

TETNOTAO

VORDHAMA

ZAMIWANGA

Foreign Exchange and General

Banking business transacted.

Current Accounts opened and Fix-

MEXICO

PANAMA

PERU

PHILIPPINE

L

IN U.S.A.

The Gold Outflow.

MORE STEEL AND MOTOR-CAR ACTIVITY.

New York, May 29. If the rise in foreign currencies against the dollar and the heavy foreign withdrawals of gold from here are to be taken as a measure the of Europe's anxiety over American financial situation then there is more apprehension abroad VENEZUELA than there is in this country, for Commercial and Travellers' Letters while Americans are irritated to

INDIA

PITAL'S

ISLANDS

PORTO RICO

→ STRAITS

SETTLEMENTS URUGUAY

ed Deposits received for one year or of Credits, Travellers' Cheques, Bills the point of exasperation by the shorter periods at rates which will be of Exchange and Cable Transfers quoted on application.

J. STUART,

Manager. Hong Kong. 11th April, 1932.

THE NATIONAL COMMERCIAL

SAVINGS BANK, LTD.

CURRENT ACCOUNTS.

bought and sold. Current accounts delay in Congress in putting the and Savings Bank accounts opened and Government's finances in order Fixed Deposits in local and foreign they are not really frightened by curroneles taken at rates that may be it, More accustomed than obser- ascertained on application to the Bank vers abroad to seeing through the

We are our

tomers the services of the Branches fog of political manoeuvring in a of the International Banking Corpora- Presidential year, they are confi- tion in Spain and also of The National dent that the Budget will be bal- & City Bank of New York (France), anced. What they are chiefly con-

SA in Paris and Nice.

cerned about is when and how it R. M. MCLAY,

Manager.

will be balanced. Hong Kong, May 13, 1932,

Cheques Cashed in 15 minutes THE BANK OF TAIWAN, LTD. prices last week, was hardly 11-

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.

(NETHERLANDS TRADING BOCIETY)

DANKERS,.

Established 1834.

Hong Kour Othon-il, Queen's Hood Central

Hoad Mos:-AMSTERDAM, Zasten Hoad Office:-BATAVIA

(TAIWAN GINKO.)

HEAD OFFICE:-Taipeh, Formosa.

Incorporated by Special Imperial Charter, 1899.

Center Bank in Formon,

BRANCHED AND AGENCIES: JAPAN:Tokyo, Yaksigma, Kobe, Cerka. FORMURA:

Kag), Karenke

FRIDAY, JULY 8, 1932.

LOCAL DOLLAR UNCHANGED

Finance Easter Undertone in

ENGLAND'S TRADE.

Imports Meunt, Exports Drep

1

London, June 18.

2

the Market.

Silver yesterday was down 1/16th. japot and forward in London. China

bought and sold yesterday, while

LONDON SILVER PRICES. +

London, Yesterday. Closing silver prices in London to-day were;

Spot "Forward

July 6. July 7. 16-9/16 16%

164

164

The London on Now York cross rate, was quoted #1-C$8.58%.

CANTON EXCHANGE.

Canton Central Bank notes were quoted at the Chinese Exchange

Contrary to the recent tendency, the Continent sold. The market here last evening at 55.4. per cent. British imports during May show-

while Hong Kong dollar notes In After the official fixing, exchange was quiet. ed an increase. Totalling £55,785,-

for Kwangtung silver were at a premium of $438 for each 344, they showed an advance of al-the market ruled inactive. most $2,250,000 over April, but a

New York reported silver prices $1,000, decrease of nearly £14,000,000 com- pared with the figure for the corunaltered, while the cross-rate was

9.564.

"Bring Your" responding period last year.

Exports for May totalled £30,196,084, representing a decrease ed, with practically nothing doing.

Locally, the dollar was unchang-PRINTING. of £4.500.000 compared with April

Problems to Us

and a decline of £3,500,000 com The undertone was

ensler. pared with May, 1931.

again alightly

THE NEWSPAPER ENTERPRISE,LTD. ENIRA MAIL ELDO, . BA. SYNRMAN RT.

HONG KONG MARKET PRODUCE.

Beef Sirloin

APPROXIMATE RETAIL

器好

June 29, June, June,

22

#

野

08

PRICES

Butcher Meat.

1932, 1918. 1914.

Ctr. Cia. Cts.

Poultry.

June 29, June, June,

1992. 1918, 1914.

Cta. Cts. Ots,

4R B.

34 .24 12

Chicken

22

Prime Cut...... Corned

13.

80 28

11

Capons, Small

40

28

J

28 80

J+

Roast

34 24 *22

28

J

Breast

#f

32

20

21

22 .21

#

Seap

28

"

20

each

Steak

J

12

34

24

18 per doz. 36

2

27

Steak Sirloin Sausages

Brains

46

80

新鮮鴨蛋

殿

2

86. 26

Ib,

36

D

per set 17

10

南竊

"

85

each 80

60

242 24

M

Tongue, corned

H

Hend

12 1.00

1.00

60

each

80

- $1,20

20

时

眼

Heart

4

lb. 24

18

Ib.

Hump, Salt

4

20 18'

2

61

m

Feet

4

A each 12

each 90

Kidneys

4

16

pair 2.70

"

Tail

27

Liver

Tripe

Effect of Tax Uncertainties, The further decline in security

logical in the face of these uncer- tainties, for the passing of a num-Bullock's ber of dividends gave a sharp re- minder of how costly the delay is proving to business. It is ap-

Dank-Noten issued Average amount. 45,000,parently useless to expect mer- chants and Industrialists to ex- "Keelung,pand their operations while Con- Makong, Nesto, Shinchika, Talchu, Teinad, gress keeps them in the dark Takno, Tament, Town; Heito, Tslta. CHINA: Bhanghal. Hankow, Amay. Foochor, about what taxes they and their

Rwstaw, Canion,

LONDON BANKERS:

Barclays Bank, Lid, bluşda Bank, Iad, Midland Bank, Lid., Wasimlaster Bank, Ltd.

*

Tongue, fresh ..

OTHERS-Hong Kong. Singapore, Hoeraba, prospective customers will have to Semarang, Balavis, Bombay, Landos. Now bear. Nor is it likely for the Yark, Dairen.

same reason that the banks will be Calves' Head & Feet greatly tempted to increase their Mutton Chop loans notwithstanding all

Leg mechanisms which have lately

Shoulder been put into operation ** keep-

Saddle ing their assets liqu

Pig's Chitlings

The Bank has Comapnadenie in all the principal

Commercial Cantras throughout the world K. MAGURA.

Manager

RONG KONG BRANCH:

7. Dea Voux Road Castral. Hong Kong, Desember 24, 131.

FOR SALE.

POSTAGE STAMP CATALOGUES

FOR 1932

from

STANLEY GIBBONS

the

With the revival of the sales tax proposal and with the new con- troversy which has arisen between the Administration and the Speak- er of the House over the latter's i

proposal for legislation which

"

71

"

Brains

Feet

11

Fry +

#

Kead Heart Kidneys

Liver

President Hoover has characteris- jed as nothing short of a "gigantic Pork Chop pork barrel-an unexampled raid Leg

T

Authorized Capital Paid-Up Capital

Reserves

1. 150,000,000) .£. 80,080,000| ... 20,015,000

on the public treasury," agreement

Part I.

.$5.25

in Congress may seem to be far-

Part II.

.$6.00

Yvert & Tellier

.$6.00

"

Scott Stamp & Coin Co. $8.00

of the political conventions is

Drache-Bandjarmaila, Eendong", Bombay,

Calcutta,

Dlak Cheribon, Djember, jakarta", The Hague", Jaddah, Kobe, Kabzuar

Medan, Valentang, Peka longan, Penang. Rangoon, Hoštørdam*, Semarang, Shanghai, Bingapors, nera

bala, Sorakarta (Bols). Tegal, Tiltjep and Wellavrodea","

* Those offene bare Sale Deposit Bozas to Let.

LONDON BANKERS-

NATIONAL PROVINCIAL BANK LID.

Correspondents all over the world. Danking Buat non of overy description transacted.

A. STOKKINE,

Hong Kong, 21st June, 1932.

THE

We also handle the Lasue of Bonds AMERICAN EXPRESS COMPANY,

and other Public Funds of the Chin-

eno Government both at home and abroad.

SHOU J. CHEN,

INC:

Manager.

Head Offices-65, Broadway, New York.

Capital Surplus Reserves

Hong Kong, 5th March, 1931.

THE YOKOHAMA SPECIE BANK, LIMITED.

Head Office:~YOKOHAMA.

Branches and Agencies at:

..U.S.$6,000,000.00 .U.S.$1,832,882,04 .U.S.$1,458,116.78

BRANCHES

Established 1880.

Antwerp

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

Yen 117,800,000

Atheos

Banca Blingow Havina

Blon

Berlia

Hamburg Harry

Haplos Picsous Parie Penang

Faking

Bombay

Braces

Baile

Полное

Tarasafata Ládo London Bunson Aizm Lärmepesi Delro Calcutta Lo

Colozbe

Mar Cominopla House Carlo

Mandis Monic

Palermo

Botterdam Bo

Stambol

Alexandria

Batavia

Berlin

Bombay

Calcutta

Canton

Chungthum

Nagsaski Nagoya

Newchwang New York

Felping

Palven (Dinlay) Rangoon Fenation (Mykdon) Rio de Janeiro

San Francisco Seattle

Honolulu Kai-Yuen

::Karach! Kobe

London:

Los Angeles

Shitnonorak! Singapore

Jurrent · Ac.

Southampton Hingapore

St. Morita Tenkis

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

All cinsuar of Commercial Banking Transactions undertaken.

azional¦ inyestment handled.

The Company Traveli

GRACA & CO.,

Dealers in Postage Stamps, Garden Seeds, Philatelic Goods, etc.

No. 10, WYNDHAM STREET, P.O. Box No. 820, HONG KONG

PHOTO-SUPPLIES

Kodaks and Cameras, Films, Plates and Papers, etc. Developing, Printing and Enlarging.

ZIESS and BUSCH FIELD GLASSES.

Price Moderate,

A Trini Order in Bollcited,

A. SEK & CO.

Tel No. 23459. 25A, Des Voeux Road, C.

Hong Kong

Loin

Fat or Lard ....

ther off than ever. It is to be re-¡ Sheep's. Hend & Fest membered, however, that the first

hardly a fortnight away and that

ور

Heart

Kidneys

Liver

if history is any guide Congress Sucking Pigs, to order

is more than likely within the next Suet, Beef

10 days to cut straight through the

Mutton

"

tangle of its own making and sud-vent denly rush through legislation. over which it has boggled for weeks.

Sausages

No.. I

"

Fish.

Sentiment Slightly Better.

Materially the general business Barbel

situation is little altered, but scn-Bream

牛

BREZSERICEROZENN

lb.

2€

"

8

447

set $1.50 $1.00 $1.00

羊排

LEBAR+BSVECZERBGBEKZZZR

***

$ # #

牛羊仔杼

羊羊羊羊乳牛牛

timent has improved somewhat. Canton Fresh Water & väik

Gold outflow, large as it is-last

week alone there was a net loss Carp of $67,000,000 (£18,000,000)-has Catfch not caused any anxiety, for there Codfish is little doubt anywhere of the Grabs country's ability to meet it with- Cuttle Fish out embarrassment. It has pos- Dab

sibly had some influence in slow- Dace

Fish

it

Fresh Water Yellow

ing down open market operations Dog Fish of the Federal Reserve Banks, but Eels, Conger they have already put so much credit at the disposal of business that this is of little moment at the Frogs present time. And, anyway, the Garoupa difficulty just now is not to find Gudgeon funds for lending, but borrowers || Herrings to use the funds. “

Ford Company's Operations.

COASTWISE motor-car production showed

by

“ALGIE” BENNETT,

the

An interesting book of Cartoons depicting "Happenings" China Coast.

PRICE $1.00.

AWAY, LAIDLAW

OR BOOK

Halibut Labrus

"Indices of business fell off frac- Loach. tloaslly to a new low record last Lebaters weck,, but steel mill activity and Mackerel

a Monk Fish slightly greater gain then is uanal Mullet at this time. This was largely be Oysters cause of increased railway buying. Parrot Flah of steel and the resumption of Perch full-time operations by all the Pike Ford plants. The Ford Company Plaice

Is now turning out 8,500 units a Pomfret, White day. The cotten goods. Industry Pomfret, Bl has had to curtall operations, sud Prawns there has been a further decline Bay

ectric power production Rock Fish

their dow

尾肚 水

*

『超網 發 黃黃石白將黃烏龍兹濟安維花白采用烤石, -488 8 AKGESHACHWEISGEREFVERBRIDE BANGET QUE SE

Ib. 60

++

60

60

P

Per set

1b.

#t

each 18

lb.

**

"

BXATIKAANS-SAMOCHAOS:

28

1 ន ន ន ន ន ន ន ឌទ ! ថ្មីៗឌឌនង | | | | | | | | | | ង ឆ័ ឌ | z | ៩“ ដ ៖ ដ ឌ ឌន |!

29** *88** 15 19982288 1878-838981

60

Par set 90

ench 12

"

Ib..

34

#

lb.

SE

10

24

20

10

៥.

Capons, Large

Duck

Doves

Eggs, Hen (cooking)

Eggs, Hen (fresh) Fowls, Canton Fowls, Hainan

Geose

Pigeons, Canton

Holhow

Turkeys, Cock

Turkeys, Hen Spipe Pheasant Quail

Partridges

Almond

Apples (California)

Bananas (bride's)

Carambala

Coconuts...

Lemons, China ......

Lemons (American).

BA SUUER #HKUAREZ

郑煤肥楫斑鷄新本海白海火火沙山 竹 古金鹊棷棹金

each

1188*8 ¦ ¤ ¤ | 6 2 88

Fruits.

#

金山洋菜

1. 90

མྲྀ ཆ ང

לן

=88*18**......!!

1

1 ཤྩ * སྱཱ བྷ ཀླི ལ ་ ླ | |

| ཋ ཝ ཡ ལ |

28

做山香家

7

#*

#

Feach 14: 10

# 1b.

12

each 12 8

Lichees, Dried

荔枝干 b100

Oranges (Canton).

新會品機

40

Oranges

#

80

P

Pears (Canton)

梨

35

花 生

14

"

Persimmons, Large

紅柿

#

Plaintain

*

#

5

Pumelo, Slam ....

each 24

Walnuta

#Tb.

80

Grapes

苦怨子 1

70

Peanuts

~

Artichokes

Beans, Sproat

Long

Beet Root

Vegetables, Etc.

竹染角頭瓜瓜

#

Cane Shoota, bunch...

Cauliflower (Large) .. *RESE

(Medium) SE

each

lb. 8

12

D

24

each

12

Bitter Squash

"

Brinjala, Green

13

16

Red

16

27

17

Cabbage, Chinese

12

1

(Shanghai)

18

24

28 26

16

27

"

28

18

}

(Small)

19

·10

Carrots

70 13 8

Celery, Chinese

無菜

18

Chillies, Dried;

辣椒:

18

25

I#*

10

将花椒

BENSAAARSSPPĒJIS SHOHHANKS EX

10 8

26 80

1.00 82 25

#

40 30

22 18

13 23

Red

Green

Curry Stuff, English . #MUE

Cucumbers

Ginger, Young

Garlic

18 2.

·6388 29

Water Chestnuts

Handa

Mushrooms, Fresh Okroes Oniona, "BombRy

Green

10

20

9

10

80

80

15

12

| 8 | 9 |ATAT

8 12

18

14

84 22

13

Horseradish, Skans

45 62

84

Indian Corn

46 33 21

Lettuce

職生

46. 20

20

40

25; 128

35 14.

· ទ

30:15:2

48 189

65 83 20

· 40 · 36 · 45

Pardey Potato, Svet

608.

244109 14

28 18 13

80

20:/: 12-