1932-07-11 — Page 2

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION.

Authorised Capital em: $50,108,568 Ireland Fully Pald-up i 30,000,000 Baser Funds from

* 1,100,000** Summitismaq 818,600,000°

Steding

Romerre Liability of Propelsion $20,000.001

HEAD OFFICE: noka xoxo,

BOARD OF DIRECTORS":—'

Hon. Mr. 7. J. Pabuctos.

Chairman

T. X. Parse, Sa

Deputy ChairmaUE.

Hon. Mr. W. 3. Be

A. IL. Compton, Eng.

M. 7. Jolmeen, Eng.

J. A. Phamone

T. IL. B. Shen, IM.

3. 2. Warren, 344.

7. M. Graybura, kaq,

PDF

BANGKOK BATAVIA

BRANCHES —

BOMBAY

LONDON

LYONA

MANILA

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA,

THE CHINA MA

- THE HO HONG BANK, LTD.

20: (Established 191732) HEAD OFFICE: SINGAPORE LOCAL BRANCHADAN [** 12, "Quem's Road Central

Authorised Capital Straits $90,000,000 lamed Capital ****

Paid-up Capital

Incorporated by Royal Charter, 1859. Reserve Liabilities of

AMRITSAR

MANGKOK RITAVIA BOMBAY

CALOUTTA

CANTON...

CAWMPORE

COLOMBO

DELHI

OSBO

MEDAT

NEW YORK

Bhareholders

8,000,000

4,000,000

NEW YORK STOCK

MONDAY, JULY 11, 1932.

LETTERS & RADIO.

Addresses Which Cannot Be Traced.

Commerce and EXCHANGE

Finance

[(2) · To convart their partial as-

BC and AGENCIES in the US. FACTORIES IN Planes in Canada to

principal cities of the world.

Every description of Banking and .£3,000,000 į Exchange business transsoted.". ..$3,000,000

KO LEONG HOE Managing Director.

KAYPHONG

HAMBURG

BANGOON BAIGOM

BEVARING

SEREMBAN ·

SHANGHAI

NEW YORK.

Capital, Surplus and

Branches Ins—

ARGENTINE BELGIUM

BRAZIL

ПАНКОМ

SINGAPORE

HARRIK

SITIAWAN

RONG TONG

SOURARAYA

TAIPING

TIENTSIN

KABAORT

TONUKAH (6%»kot)

CHILE

KLANG

TSINGTAO

CHINA

KUALA LUMPUR

ZAMBOANGA

COLUMBIA CUBA

CALCUTTA

VALADCA

MUAR (Jobore!

MUIDEN

ILOILO

CANTON

ONEPOO *COLOMBO 'DAIBEN POOCHOW HAIPRONO

HAMBURG BANKOW HARBIN HONGKEW

ILOILO

IPOR

JOHORE

КОВЕ

KOWLOON

SUALA LUMPUR

NEW YDPX...

PEIPING

PENANO

BANQOON

SAIOON

SAN FRANCISCO

SHANDKAI

SINGAPORE HOURABYA

BUNEI PATANI

TIENTHIN

TOKYO

TRINGIAO

YOKOHAMA

la Local Currency

Qurrant Accounle og be ZAM JORT DE

and Fixed Depolte

aborter periods in Loral Company and Blering wa berma which will he quoted on sepilation. Hong Kong. 6th April, 1902.

HONG KONG SAVINGS BANK.

The Best of the above Bank Er condorted By the HONG KONG AND BHANGHAT BAKK IKO CORPORATION. Ram may be obtaiset on application.

FOR TEN HONGLONG AND DHANGHAI BAYING CORPORATION.

V. M. GRAYBURN,,

Okul Manager.

Hong Kong, 27th February, 1932.

THE BANK OF CANTON, LTD. Established 1912.

Head Office-Hong Kong.

Authorianë Capital

1,200,000

(KK. Currency) ... $11,000,000

****.. 1,100,000

Pali-Up Capēžal momen

Maserts Fand

ДРАКОНКЕ1-

Canton, Bangkal, Hankew,

Swadow,

Banglor, New York and Bas Pennolson.

ZONDON BANIKES:

The Lloyd's Bank, Limited,

COARESPONDENTS

In all pelasipal cilise of the World.

Fesign Exchange and banking business of

aray deseriyślow tramoled,

Bale Depot Boxes (various "zizac) “si a guarly

rental of "team · 98 be $40.

LOOK POONG BHAN,

Ohio Manager,

THE BANK OF CHINA.

行銀國中

Reorganised October 26, 1928, under

special charter of The National Gov- ernment sa RE

INTERNATIONAL EXCHANGE

•

BANK,

Subscribed Ospital

Paid-Up Capital

Reserve Funds

KODE

TOKOITAMA

PERU

PHILIPPINE

ISLANDS

BRITAIN.

Effect of the Fiscal Changes.

COM-

plete manufacturing plants so na to

A.O.F.C. Quotations.

New York, Saturday.

Last To-day's Changes Aver. Aver,

41.68

POST OFFICE. LIST.

qualify for the 75 per cant. labour80 Industrials' 41,22

A General Post Office notláča- content which would snäble them|20 Rails ...........18.23 18.82.09 tion gives the following unclaim to secure the British Empire 20 Utilities ..16.58 16.56 +.08 ed correspondence, etc. waiting markets; or

the Post Offes and also un

·Messrs. E. A. Pierce & Co. re claimed radio telegrams at the (5) To arrange for the produc port-Market tion of their commodities in Bri- done: 200,000 shares.

Business Radio Telegraph Office.

.2014.

at

Brent & Co., Micky Bray, S. G. To-day's Beare, E. Bruster, Ching Tso-Run, Price Mrs. T. O. Cowlishaw, Mrs. W. H. Cameron, C. A. Carr, G. R. Carter,

HEAD OFFICE: LONDON,

Paid-up Capital

Reserve Fund

Reserve Liability of Pro

prietorn

.$8,000,000

Agencies and Branches:

easy.

ALOR STAR

TUCHINCH

MADRAS

THE NATIONAL CITY BANK OF NEW YORK.

NEW ENTERPRISES.

HEAD OFFICE: 55. Wall Street.

FRIPIKO (Paking) PENANG

Undivided Profits U.S.$225,505,775.00

LONDON

MEXICO

PANAKA

PORTO RICO STRAITS

SETTLEMENTS URUGUAY

VENEZUELA

accounts

tain under joint financial enterprise with our British manufacturers, or America more than any other by manufacturing" under license.

an arrangement Air Reduction country in the world, will be seriUnder such

manufacturers ously affected by the change in the American

would

Allied Chemical & Dye ̈ 484 British fiscal system, and also by retain their trading connections, American Can........31% the result of the forthcoming Im- and, further, would receive some American Telegraph &

Telephone perial Economic Conference at compensation either by royalties of Ottawa, stated Mr. William Wat by participation of the trading re-American Tobacco "B" 504.

Anbarn New Industries aults.

Borden Company. son, chairman,

It is almost inevitable, continued Canadian Pacific Home and Overseas Committee of

CONOR the Scottish National Development Mr. Watson, that a large number Consolidated GAR

York Council in addressing the London of American export manufacturers New Drugs will be forced, in order to prevent Du Pont de Nemours 22% Rotary Club.

Mr. Watson has recently return their trading interests from being Eastman

Kodak ed from the United States, where lost, to locate factories either in General Electric he has been making a series of in Britain' or. Canada, to serve their General Foods Commercial and Travellers' Letters dustrial investigations, and during entire export markets. Here was a General Motors of Credits, Travellers Cheques, Bills which he had many conferences prize which neither the leading in-International

of this country nor International. Tel. & of Exchange and Cable Transfers with leading American manufac dustrialists bought and sold. Current

Last Price

32

4534 32

.724

* 71% 50%

434

20%

-94

85%

of

Inc.

344 174

36

9%

.20%

7%

94 2014

B

Harvest-

10

10%

Tel.

3%

4

1.14

39*2 144

Pacific Gas & Electris 181⁄4

18%

73%

Radio Corporation

8%

8%

Sears Roebuck

..10%

10

Standard" Off Company

of Ne

New York.....24

2474

Socony-Vacuum Corp.

6%

7

Union

Carbide

Carbon

10%

184

.28%

28

.7%

7% 21K

Foreign Exchange and Genera! DOMINICAN Banking business transacted.

REPUBLIC

Current Accounts opens and Fix-INDIA ed Deposits received for one year or ITALY shorter periods at rates which will be JAPAN quoted on application.

Manager.

A. H. FERGUSON,

Hong Kong. 8th July, 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.

NEDERLANDSCHÉ HANDEL-

MAATSCHAPPIJ, N.V.

(NETHERLANDS TRADING SOCIETY)

BANKKES.

Established 184.

Hong Kong Ofos:-11, Quesa's Bood Content.

and Savings Bank accounts opened and turers who are reported to be con- even of Canada ever thought pos Fixed Deposits in local and foreign templating manufacturing in Eng-sible a few months ago.

What impressed him most, currencies taken at rates that may be land.

ascertained on application to the Bank. be said, when he was address- TRANSVAAL GOLD ing the annual conference

We are also able to offer our Cus &|tomers the services of the Branches

Authorized Capital f. 150,000,000 Fald-Up Capital

1. 80,080,000 ..1. 20,015,000

Reserves

Ised once-AMSTERDAM

Eastern Head OM001--BATAVIA

Banjoong", Bo

Calcutta, Cheriton, Damb, Djok

| Brazohee |--Bandjarzkania,

$25,000,000.00

.$26,710,200.00 .$9,820,503.82

HEAD OFFICE: BHANGHAI,

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 domestle

and foreign banking and exchanges.

We also handle the issue of Bonds

of the International Banking Corpora- of the American manufacturers and tion in Spain and also of The National foreign sales managers in New City Bank of New York (France), York, was the importance the de S.A in Paris and Nice.

legates attached to the "Bay Bri R. M. MCLAY,

tish" campaign, and the potentiall ties of the deliberations at Ottawa. Hong Kong, May 18, 1932.

The British Market.

Manager.

(TAIWAN, GINKO.)

HEAD OFFICE: Talpeh, Formosa, Incorporated by Special Imperial Charter, 189Y.

Ontral Bank in. Formova.

In the past, America, he went on,

MINING INDUSTRY

Need for Lower Pay Limited.

Liggett & Myers "B" 39 Loew's Inc.

Pennsylvania Railway.

Union Pacific

United Aircraft' &

Trans. United States Steel ..21 Westinghouse E. & M. 15% 16% -Router,

| Jr., China Klinwares Mfg. Co., E. J. Depaty, W. H. Donald, Far East Trading Co., Dr. P. M. Fairburn, James Goon, P. G. Greenberg, H. H. Green, Mrs. C. F. Hale, G. E. Houx, H. 3. Hall, G. Hoeger, R. Hedrick, E. C. C. Johnson, M. P. Jannan, | M. E. Joshna, Jones-Evans, Rev. M.- Kolbe, Eng, Y. King, G. Luongo, Ramon Lee, Mr. and Mrs. Verent Milk, M. A. Mero, Vanse May, Dr. E. Morse, R. Maat, Mr. Millings," R. C. Macleay, Mine. L; Macary, Mohamed Nazir & Sons, Miss 1. Norton, E. L. Otto (c/o Mrs, Whit- man), W. F. Pease (c/o Sherwan & Sterling), C. R. Bennie (of N. Rhodesia), Mrs. Bebe Roy, L. Al. Reynolds, Mrs. G. H. Rosa (S.M.E.O.), 'F. York Sloan, E. A. Steel George Teamtsam Kopilos J. C. Winzorg, Miss Wong So Ching, A. W. Wong Slos, Basillio Ybos..

Registered Articles.

Mr. Acostini, Chuen Mong Shan, A. L. Dodge, Mrs. T. Hughes, H. A. J. Joosub, Burwun Khan Paul (0/0 Bahos Saheb), "Johannesburg, May 27.. Presiding at the annual general

Katzenstein, K. W. Law, Lim Pak THE BANK OF TAIWAN, LTD. had been able to unload that golden

10 per cent. of her production in meeting of Union Corporation,

Sang, Miss P. Norton, Mr. Nicola, the British market, while those Limited, held here at 11 am. to-day

Miss Jeanne Roy, South Chins partial assembly plants in Canada Mr. P. M. Anderson (manager in effort should be made, he added, to Sports, F. Thaile, Lawrence Y. had given her another valuable South Africa) stated that the gold-prolong the life of the industry by Young, outlet for her production. Britain mining interests had been affected lowering the present pay limit. He The undermentioned, undeliverable and Canada had long been Ameri- relatively moderately by the world dealt at considerable length, with registered articles are lying in the Bank Notes Laesed Average athocine Yea: 45,000,00ca's most profitable export markets, depression, but that the base metal the world currency situation and Returned Letter Office, General Post BILANCHES AND AGENCIES: and while she held those, with her mining and industrial interest had expressed the view that the aban-Office, and will be returned to the JAPAN —Tokyo, Yokotana, Kobe, Osaka,

production for been considerably affected. The de-donment of the gold standard by senders on production of the certi- Kagi, Kaliako Leding, tremendous home PORKOSA Čírem,

Miskong, Nanto, Shinobiks, Talcks, Taman, her forty-eight States, she was able preciation in the value of certain South Africa or the devaluation of ficate of posting Taka Tazani, Toen, Helts, Taito. OLITVÄt-Changhai, Enakow, Amoy, Fosebe, to monopolise the world's markets, shareholdings was heavy, but this the currency would reduce the pay Hong Kong, 180A for Shanghai. Hong Kong 585A for Shanghai. Below: Calon. OTHERS Hong Kong Singapore, Boersbays, to the detriment of manufacturers was largely counterbalanced by limit of gold mining companies

Hong Kong, 1510 for Shanghai. Semarang, Salaris, Boibay, London. New in Britain and other countries. considerable profits from share substantially, with obvious advant-

transactions. The results of the ages to the whole country.

Sheungwan, 20076 for Oakland. Three Courses.

Wantsai, 596 for Shanghai. Mr. Anderson reviewed activities Now, with the possibility of Bri-corporation compared favourably

Wantasi, 188 for, Foochow tain raising the 25 per cent. labour with those of any company carry-of companies in which the Corpors-

Hong Kong. 9210 for Manila, P.I. Commercial Centre throughout, KADURA,

The Bank has Correspondents in at the principal content, as applying to commodities ing on similar business. No loans tion was principally interested and

Unclaimed Radio Telegrams......... manufactured in America and or credits were outstanding in stated that the gradual reduction of HONG KONG BRANCH:

partially assembled in Canada, for Germany or other Central European the Corporation's revenue from the Los Shri Meher Baba, Empress , De Vacz Bond Central.

dividends of the Modderfontein Japan from Hollywood, Cal. Hong Kong, December 4, 1981.

importation to this country, to poa- countries.

Leo Chongchayu,. 200 Lashang sibly 50 per cent. or even 75 per Reviewing the 1931 results of the Deep Levels would be offset by cent., three courses will be open to Transvaal gold mining industry and dividends from the East Geduld Taumati from Bandakan.

Leo Chenheilun, Hotal Grest American manufacturers-

It was hoped that addi- the present position, Mr. Anderson Mines. (1) To erect factories in Bri-stated that vast quantities of lower tional revenue would accrue Inter Eastern from Boerabaja,

Loo Sunkwongon from Beattle, tain or Canada for taking care of grade ore existed and were of vital from other interests in the Far

Wash. the British Empire markets.

Nan-

Tork, Dairen.

LONDON BANKERS: Barclays Bank, Ltd., Lloyds Bank, Tad. Midland Bank, Ltd., Westminster Bank, Ltd.

the world

Menger

LATEST INVENTION American Chemical Diamonds.

These diamonds are equal to real diamonds all respects.

in

Specially in brilliancy

of lustre, hardness, etc. Can-cut glass. Hike zeni

{kurie, The Hague, Hala, zobe, diamonds. Proof against fre, Ale, Malemana, Modany Falamb acid, water, oil, etc. These diamonds longan, Penang, Rangoon, Rotterdam, Semarang", Bhanghai, Bingsporn, Bonen- wels, Gorskaria (Belal, Tegal, Tjarjes

*Those obices are Baža -Deponis Bozoo to Lek.

LONDON BANKEBO – NATIONAL FROVINCIAL BANK LAD,

can be washed with soap and water snd can be used for more than 100 Price per carat HK$7.50.

Terms Cash or C.O.D. Than vào

purchase diamonds to the value of LK.$50 or more will get 20% dis anunt. Bend your orders direct to the American Chemica! Diamond Co.

Correspondents all over the world. Banking Bhai P.D. Box No. 240, Penang;:8.8 nont of "uracy description traansound.

When ordering mention "China Mall”

A. STOKKNI,

.

Hong Kong, Elst June, 1982,

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

Do Government both at home and abroad:

Hong Kong, 5th March, 1981.

TAR

For

INC.

SHOU J. CHEN,

Manager.

Head Office:-65, ~ Broadway, '

New York:

Capital Surplus Reserves

1.5.$8,000,000.00

BRANCHES

THE YOKOHAMA · SPECIE BANK, LIMITED,

Established 1889.

Capital (fully paid-up) Yen 100,000,000 Reserve Fund “......... .Yen 117,300,000}

Houl Offer: YOKOHAMA,

Besuches and Agacles at: andria

Nagaanki

Nagoya Han

Newchwang New York

Interest to the country, Every East Rand.

A.O.F.C. Average of Shanghai Stocks

1921

RETROUVRŠWa

.U.B.$1,882,882,00

..U.8($1,458,118.78

pany in Principal States of Ametics and

All cluster of Comm

TONE, QUALITY,

BEAUTY, DURABILITY,

obtain the

MORRISON

PIANO

FOR SALE OR HIRE background of better

TSANG FOOK PIANO

COMPANY

That the markat lack

frm, due to a

was done

the Yen

| IsW" universally;

Ind

follow

1795, 6548, 6870, etc. ning,

6000 from Swatow.

OBTAIN SITE FOR WOMEN'S HOME

Fifth Cecil House.

London, June 12. Property for a fifth Cecil House

to provide lodging for homeless women har ́ ̈been acquired recently near Lambeth, a London district badly in need of such ac÷ commodation, wurste

It is hoped that the sum of £6,000 to £7,000 required for re construction and equipment 'wirl be forthcoming in time to com- plete_the_work before next Win-

The new house will have room for about 60 women. But Cecil Houses do not confine themselves to supply shelter, food and baths for the sum of one shilling per night, but have been able during 1981 to find employment for 678 of their inmatanizer Best

DANO-NORWEGIAN TROUBLES.

Prote

Copenhagen, July From Greenland