1932-07-20 — Page 2

.£9,000,000

THE NATIONAL CITY BANK OF NEW YORK.

30 Industrials 44.07 20 Rails

....15.19 20 Utilities (17.76

HONG KONG

SOURABAYA

ILOILO

TAIPIKO

TIENTSIN

Undivided Profits U.S.$225,508,776.00

Branches In-

Air Reduction

Allied Chemical & Dye 401⁄4

KARACHI

TONGKAH (Bhukati

ARGENTINE

LONDON

American Can

XIANG

TSINGTAO

BELGIUM

MEXICO

RODE

ХОКОНАМА

American Telegraph &

KUALA LUMPUR

ZAMBOANO A

BRAZIL

Telephone...

Foreign Exchange

and

Generali

CHILE

American Tobacco "B" 53%

CHINA

Banking business transacted.

Current Accounts opened and Fix- CUBA

ed Deposits received for one year or DOMINICAN shorter periods at rates which will be quoted on application,

A. H. FERGUSON,

COLUMBIA

ISLANDS

Auburn

PORTO RICO

Borden Company

Canadian Pacific

STRAITS

Consolidated Gas of

REPUBLIC

SETTLEMENTS

New York

INDIA

URUGUAY

Inc.

ITALY

VENEZUELA

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION.

Authorised Capital

Inred and Yully Paid-up mom Rare Funds -

Sherling

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA,

¿THE HO ̈HONGIBÁNK, LTD.

(Batablished' 1917.)' ‚·

HEAD OFFICE:-SINGAPORE. LOCAL BRANCH:---

13, Queen's Road Central

THE CHINA MAIL.

Authorized Capital Straits $20,000,000 Innued Capital Paid-up Capital

8,000,000

#

4,000,000

4,000,000

60,000,000 Incorporated by Royal Charter, 1953. Reserve Liabilities of

30,000,000

$14,000,000 Serre Libility of Progristors,001,00%)

HEAD OFFICE: HONG SONG,

BOARD OF DIRZĪTŪRS ;——

Hon. Mr. . J. Peterman. Chaluman

7. E. Psaros, Zaq.

Deputy Chairman.

. . . Zi. Bell,

a. E. Dompton, Zag.

M... Jekarna, Esq. M. Miskia, Tag!

ANDY

BANGKOK BATAVIA BOMBAY

CALCUTTA

J. A. Mama Bag.

1. F. Warren, Ku.

V. M. Grayhors, Eng

·Chief Manage.

BRANQUÉS

LONDON

MALACCA

LIONS

MANILA

MOAR (Jokorel

CANTON

MUKDEN

CHEFOO COLOMBO

NEW YORK

PIPING

DAIREN

PENANG

POOCHOW

BANGCHON

HAIPHONG

SAIOON

FLAMBORG

SAN FRANCI800

HANKOW HARDIN HONOKEW

ILOITO

ГРОН

SHANUMAI

SINGAPORE

800 RABTA

HUNGEI PATANI

HEAD OFFICE: LONDON.

Paid-up Capital Reserve Fund

Reserve Liability of Pro-

prietors

..

Shareholders

BRANCHES and AGENCIES in the

principal cities of the world

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

Agencies and Branches:

ALOR STAR

AMRITEAR

MANGKOK

DIATAVIA BOMBAT

CALOUTTA CANTON DAWNFOBE CEBU COLOMBO DELAI KLIPHONG BAMBURO BANKOW

HARBIN

Eroti

KOCHING

MADRAS

..

MANILA

MEDAN

PEIFING (Paking)

NEW YORK

PENANO

RANGOON

BALOON

BEKARANG

SEREMBAN

SHANGHAI

SINGAPORE

KITIAWAN

KO LEONG HOE, Managing Director.

Commerce and

Finance

NEW YORK STOCK EXCHANGE.

A.O.F.C. Quotations.

EXCHANGES.

TO-DAY'S QUOTATIONS.

On London-***

HEAD OFFICE: 55, Wall Street. NEW YORK.

Capital, Surplus and

Messrs. E. A. Pierce & Co. re Credits, port: The market is colourless. Basiness done: 500,000, shares.

PANAMA

PERU

PHILIPPINE

$

WEDNESDAY, JULY 29, 1932.

HONG KONG STOCK EXCHANGE Opening Daily Official Quotations, July 20, 1932. Next Settlement Day, Tuesday, July 26, 1933.

STOCK

Banks

Bar Bell Sales Nom

Laar, dividend and when pald

YOR

THE Bri

Hong Kong Bank ..............$ 1590 1600 1680

(Lon. Reg.)...[

Chartered Bank ..................... Mercantili Bk., ARB, {

Prof....Tia.

Canton In

!!!..

Dooglya naguni

H. K. Stambouts: ...5 201

Indo-Chins (Prel.) #

how

... 128

| Final 40 må 1/6j=861-78).

Deo. making 40 for Feb. 12, Doola. 74. Bab. to Tax am 1951 | Mar, --, 81||

| Pound 62. kuni 2TAK

Deo. 1 making 18% for 1081....... ||}} Mar=)|69|

13 for TINE

h

· 132

Dec

Doc.

T14:1

Mar. 9,89

144

:

May 19, 89

JJin, 829bon. #8for 1990

1800 Doo. Interim 818 de 1987.

Deo,interim mai ads 1991) *-* --| May 27,99

one

(Tina), 80_bonar (6)

*** ******

Doc. Istridad for 10

381 Deo.

$124. om. 4-4 is proferrai Last dividend lut 19 mome

Caupon Na 30

1 for IVES Mad 1925

C.

Bank, wire

.....1/3%

Bank of East Asia ...$. Amer. O. Fla, Corp.M$

New York, Yesterday.

15.06

17.85

Bank, on demand ....... 1/8% Bank, 4 months' sight 1/34 Last To-day's Changer Credits, 4 months' Aver. Aver.

sight 43.79 ..28

On Parla 11 On demand

sight...

On Berlin

Ch. Fin. Cor. Ord, Tis.

M

TH

**

JO

*

Insuramens

1/4

5722

A

months'

Jalan Ini... 400 Chios Underwriters...$

$58.50

Doc.

612

China Fire Ins.600

Dea.

and $7 for 199

Elaterism 8E APO 1933)

· -810 – Į May 27, 82

FL. K. Fire Ina, 10.3.6.

H4

Last To-day's On demand

Nom.

1198 Deaking #84 for 1990,

1850 and honna ja

Mar. 30,89

Price

Price

On New York--

#

On demand

22%..

International Asse. Tia,

Shipping

Dec.

H

.34%

84

Credits, 60 daya' sight 28

Deo. Lax: dividend for ........

48

.327%.

32

On Bombay-

14-

Wire

83%

Dec.

June 19,

.72%

75%

On demand

834

+

(Def.) $

-

54.14

On Calcutta-

Shells Bearer..........

.48

47

Wire

83%

Union Waterboats...$19)

tren rax fur 123

Dec.cants for

.9274

927%

On demand

.11

10%

*** 88%

July 6, 81 Mar. 10. t

On Bingapure--

Mining

36124

86%

On demand

Benguet ........

D

On Manila..

Du

do. Nemours 22%

2244

On demand

44%

Manager,

Eastman Kodak

.37

38%

Hong Kong. 8th July, 1932.

General Electric

.1014

9%

On Shanghai--

General Foods

.21%

20%

On demand

76

8%

8%

On Yokohama -----

Rinb

On demand

80%. nom.

12/

Sovereigni (Bank's

Tel.

44

4%

buying rate)

1/8%

48%

Silver (per oz.)

16%

15% 20

Sar Silver in Hoog

Kong

Nom.

8%

Copper Cash

Nom.

Kailan Mining Ad. of

Langkso (Single) ... Tis. S'hai Exploration...The.

Loans ....Th,

Venezuela Gald Fields $

Benguet Explorations $

Docks, WharYES,

Godawas, &c.

H. K. & K. Wharves..$ 180 H. K. & W. Docks...$19) South Ch. Motors (A) Ś

tii

***

10% Dec. 14/6J

Had. Jo 6 cOUTATUS KÉO LATE.

Jun 30, 8%

2.10

"

Doc.

Blats.

% from Cpan

för year 200

Oot, T. 50 for year!----

Lec. None

| Dec. | { Flux] T. 11.30

making T. 0.61) for 19

| Max. | | Final 1° pane ilmas

May --, 83

May 4, be

Feb. 6,

Just 6, 24

申哈电

for

Bec: $5 for 1ABİ

Dec. fat divistand for 1924

Mat. $1

835

125

Copper Cents

1% prem

Doo,

Rate of Native In-

|China Providents (old)'s |

4.90

F00:10

2.30

cente on old↑

for 1991... Denta on newƑ

Mar 16, +1

25

terest All

32% D.a.

Manager.

82

B

Chinese Sub Coin

30% die.

Hongkem...TU.

215

២

Union Carbide

Hong Kong Sub. Coin Pa

N. Engineering ...TU.

Carbon

18%

16

...

76

Dec. Fin. T.11 inaking T.14 for 1981 | May 12, 89 Dec. T. for 1981. Apr. T 6 for your MENI

Mar 8, July 19, al

44

Union Pacific

31

32

United Aircraft &

Trans.

LONDON EXCHANGES.

95%

22%

London, Yesterday.

17%

Parla

90%

4

New York

-Reuter.

8.5534

Montreal

.......... 4.14

25.68

10.80.60

Deo.

177)

ctx.(old) Motos) for ( Dr. Final making þá fór tuVÉ

Mar. 18, 80

Feb. 16, #1

Si

Got. $8, 91

11.40 114

DOG. 13 can be on Rent (OPENS

Toe,

264

Doo.

Feb. 19,

Mar. 2. 3

Final T/- bor Top, 9, 90

Doend 17-0.75 for 1991.

Sep.. 1 year að♬ mer

Lsu on sid

inota, mak, 6) ets, for 1981

| Fab. Intárius 83 sic year 2-panzia Jan. 80, Su

FOLIORE

KOBE

KOWLOON

KUALA LUMPUR

TIENTOIN

TOKTO

RINGTAO YOKOHAMA

Current Accounts opeyed in Local Currend and Fined Deponite received for on your shorter periods in Loral Company and Sterling on terms which will be quolod sa application. Hong Kong, à Aprit, 1903.

HONG KONG SAVINGS BANK.

The Bain of the aber Bank le condocked by the HONG KONG AND BILANGHAT RANZ- Buy be obtulnad *ING CORPORATION.

application.

TOM FIE HONGKONG AND SHANGHAI BAKITAU CORPORATION,"

V. M. BRAYBURN,

-Chart Massga.

Hong Kong, 27th February, 1932.

THE BANK OF CANTON, LTD.

Established 1912.

Head Ofee-Hong Kong. dushorised Dupliai (EI.K. Oursaty) ...$11,500,000 Fald-Up Capital 4,655,000 1,100,000 Sassers Fund ...

BRANCHES

&water

Canton, banghal, Hankow, Bangkok, NowTock and Be Pomunikace.

LONDON BAKKERS ¦---

The key's Bank, Limited.

CORRESPONDENTS

In sii principal stains of the World. Foreign Exchange and booking businame of

arcy dancription treumacted.

Bais Esports Boxes (various dans) si a pourly

of from so "$40

LOOK POONG SHAN,

Chief Manager.

THE BANK OF CHINA. 行鐡國屮

Reorganised October 26, 1928, under

special charter of The National Gov- ernment as an

INTERNATIONAL EXCHANGE

BANK.

Subscribed Capital

.....$25,000,000.00

Fald-Up Capital .....$24,710,200.00

Reserve Funds

3,620,509.82

HEAD OFFICE: SHANGRAL

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 domestic and foreign banking and exchanger.

We also handle the issue of Bonda and other Public Funds of the Chin-

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 HESOURCES

$19,000,000

EFFICIENT TRUSTWORTHY...

RELIABLE COURTEOUS.

144-150, Des Voeux Rd. C.

NEDERLANDSCHE HANDEL- MAATSCHAPPIJ, N.V.

(KETKERLANDS TRADING SOCIETY)

BANKERS.

Established 1824.

JAPAN

Commercial and Travellers' Letters

of Credits, Travellers' Cheques, Bills

of Exchange and Cable Transfors General Motors bought and sold. Current accounts

and er and Savings Bank accounts opened and International Harvest- Fixed Deposits in local and foreign International

Tel. & currencies taken at rates that may be

Liggett ascertained on application to the Bank.

Myers "B" 43% We are also able to offer Our Cus- Loew's Inc.

15% tomers the services of the Branches Pacific Gas & Electric 201 of the International Banking Corpara Pennsylvania Railway. 8% tion in Spain and also of The National Radio Corporation .... 97% City Bank of New York (France). Sears Roebuck .... .12

Standard Oil Company S.A., in Paris and Nice.

R. M. MCLAY,

of New York Socony-Vacuum Corp. Hong Kong, May 13, 1932,

THE MERCANTILE BANK OF

INDIA, LTD.

HEAD OFFICE:

18, Gaschurch Strast, Londes, E.C.&

Authorised Capital...£3,000,000 Subscribed Capital .... 1,800,000 Paid-up Capital...... 1,050,000 Reserve Fund & Rest. 1,217,027 BANKERS:

The Bank of England & Midland Bank, Ltd. BRANCHES:

Bengkok

عاونية ملمسة

Bangoon Shanghad

Kusaian (Pahang) Engapore Kindne

Ipoà

Рорво

Batavia Bombay

Σερέν

Port Louts

Xarack

(Mauritian)

Calcutta

Kota Bharu

Colombo

Dalhi Galle

Husk Lumpur

Hong Heal

Bourabaya

Batab

New York

HONG KONG BHANDE.

2003 SZERINTING.

Travellers Cheques kanad,

United States Steel ..22% Westinghouse E. & M. 17% Possible mutilation.

THE BANK OF TAIWAN, LTD. (TAIWAN GINKO.)

HEAD OFFICE-Taipeh, Formosa. Incorporated by Special Imperial. Charter. 1899.

Central Bank In, Formosa, " Book Notes tensed Awtsas amenzi **Yan. 48,000,000 BRANCHES AND AGENCIES: JAPAN (--Tokyo, Yokohama, Kobe, Osaka.

FORMOSA-Oiran, Kag, Karenko, Keelung, Makong. Neuse, Bohiku, Talebu, Teman, Teko. Tamui, Town, Heito, Talto. CHINA kangbal, Bankow Amoy, Foochev,

Bwataw, Centas.

Brussels

Geneva Amsterdam

Milan

Berlin Stockholm

18 9/32 8.84

69%

14 31/82 19.4734

-British Wireless Service.

Shanghai Docks ...The.

Lands, Hotels i Balldings. ¡E,K. a 5. His. (old)$"

(New) H.K, Landı ...........$ Shanghai Landa .... Metropolitan Landa Th. Humphreys ............5 H. K. Realties .............. Asia Realder "A" ...ME

"B"...M Chince Estates .....$100 China Realties......Th. China Debentures...Tlr.

Cotton Mills

CANADA'S NEWSPRINT ECT 1990

TRADE HURT

Every wiption of Banking and Eashangu bual. 07HERS-Hong Singapore Roarabes State Aid Requested For

Trustee and Executorships under taken.

Hong Kong Office (-1), Queen's Boad Cesired.

Authorized Capital .....1. 150,000,000 INTEREST allowed on Curreci odumia and Paid-Up Capital .1. 80,030,000 Fixed Deposits at Baton that may be saceriained Reserves

on applosion. 1. 20,015,000

J. B. ROSS,

Manage 7, Queen's Bood Central,

Hong Kong, 7th April, 1932,

Fluid Offset-AMSTERDAM*. Eastern Head Off-BATAVIA.

Branskar :---Bandjarmasin, Bandoang. Bombay, Calmalle, Cheriton, Djember, Djok. jakarta", The Magie","Fiddala, Zobo, Makassar, Madang Palembang, Pala longao, Penang Rangoon, Bešterdam*, Semarang", Bhanghai, Singapore, Sosen- bain, Coueskarta (Solo), Tegal, Titjep and Wellastaden”.

• These offices have Bala Deposit Bozan to Lat.

LONDON BANKERS ***

KATIONAL PROVINCIAL, BANK' LID.

Cerrapondants sil over the world. Banking Busi {none of avery description transected.

Manage

A. STOKKINE,

Hong Kong, 2ut June, 1982.

THE

500 Government both at home and AMERICAN EXPRESS COMPANY, abroad..

SHOU J. CHEN,

Manager.

INC:

Hong Kong, 5th March, 1931.

Head Office: 88, Broadway.

New York

U.S.$8,000,000,00

‚U7.8.$1,832,382.04

Surplus Reserves

THE YOKOHAMA SPECIE BANK, LIMITED.

Established 1880.

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

Yen 117,800,000

Capital

.U.S.$1,458,118.78

BRANCHES S

- Chaman

Semarang, Belavia, bombay, London, New York, Daire

LONDON BANKERS:

Barclays Back, Ltd., Lloyds Bank, L Midland Bank, Eid., Westminster Bank, Exd.

Some Firms.

Ottawa, July 1.

The Bank has Correspondents in all the principal | The financial difficulties of a

Commercial Dentres throughout the world. E. NAGURA

Manager

OKD HONG BRANCH_

8. Des Tax Road Cenirst Hong Kong, December M, ̈153).

| number of newsprint companies are occupying the attention of the (Continued at foot of next Column.)

A.O. FC. Average of Shangnav stocks

TWENTY

STOCKS

CLOSED

Shanghal Cotton...Th.

Zoong sing Tile Wing On Textile S'hais Public Utilities

H. X. Tramwaya ......-8 |

Peak The (old)...

自复 (DCW) -

Star Ferries

auma Ferrica (old)...$ (new)...$

China Light (old).

H (new)...

H. L. Electrics ......5 (19) "Macao

"

Sandakan Lights 5 H.K. Tel. fally paid i

**

pare paid

China Buses Ţia, S'poreTractions(Ord

(Pret.js/-

Industriala

Malabon Sugars

Cild: kng, Ord...TE

ת'

Pref....Tu

Canton fees in

Cementi (comm.)

::(new)

#

H... Ropes stevian

China Agriculture.

Storus, &c.

Dairy Farmi

Watsons (old)

M (new)

Der A Wings Lane Crawfords Mackintoshe vinesund Sincere

Win. Powell Wing On Textile H.K.S

Miscellaneous

H.K. Amureissents ...5-

Ch. Entertainment...5

8. C. Enterprises: ...$

United Theatres ........La.

21.80

414

Pisa) 6% making 10% for 1991) Har. 9, 26

T. 9,90 for 19

Toë, SU, EN

11 on profitanos shares) Lyné

11/6 Sept. 1 Bubspot to income tax... # Tab. 6. #

18.80

241

70

***

and

AT.28) for hali yo: 21-6-22

Oct.

•

***

10.60 2. mai lor gear kesi

Apr, 19, 85* May 31, 22

Oct. 8, 11

#I

166

---

25-410 Dec.

24

71

161 on old For year Apr. 18.! We

Siete, maling Bi for 1097) Feb, 17, da

June 4, 19

Deo.

#5 FOR JEST

Fab. 13, #5

Deo, L75 01 175

Apr. 17, 39

Sept. 50 r. for your MOT]

Dec. for 10-

Dec. 31, 81

Mar. 93,89

Dec.

.:

June Hone

Deal

#!

Des. P. 450 for 108lummer commu

Decor 1990

18

July

171

23

Doc.) Ltd remis on for 100

91 venta for your 1+2+1

a danse on old

·Mæ; 4. 4

Mar..

Oct. 5, 31

Mar.,

April 1, 19

102

Dec.

fion $1.75 for lu51

Mar. 1.59

Oct

· 190 renta), for your $1-5001,

Ápr. 10,31

ƒ30 eta, bpras vieta, j'for your Fab.making 60 old.

#bossum 60 cta, for you; test Apt. 30, us

1910 x, bonus jacing for: yanı

making 33 ceste 19-ASEAN.

*. 11, 19.

Feb.

Fabi

Fob

Mar.

50 for yun xizat tutk

09 deste for 1881.

Mar. 23, 11

160.

Deu

Ded

10

Deo,

1

140 cante ou

Dec. 11i canta os

1,90 Jan. 9% for 1981.

༄མྦ!བྷ⪜ཏྟཱབྷསྨཱ ༔ཀྐོནྣཱ ༔ e ིི༔ datai a 18 allia

... 11.40

CAM4 THERE

བྷ་ཝཁོ ཏཙནབྷནྟི།ཨན་ནགས་

Maeso "Greyhoundë”. $ro

Constructions (Old). ...

Amsterdam Antwor

Herson

Berlia

Have

Head Office:~~YOKOHAMA,

Branches and Agencies at:

Blan

FORAGE Faking

Bombay

· Alexandria

· Nagisak!·

Botnet Area Liverpool

Batavia

Stambouf Bhanghai

Blagos

Dalombe

Margečias Constantinople | Maute Carlo Copenhagen Manilyn Kalaburgh Munich.

China Sparif. Ltd. 131

Charts

The important development, last upswing in prices were evident. On Realties were unchanged at Tlaisemmin old quin

B. Ltd. G. Bondî "$ HK, OLoam 2... Wallam Harper a Co

Berlin

Bombay

Calcut

Canton Changchun

(Dainy)

Nagoya Newchwang

New York Osaka Faris

Cancion (Mukden) Rio de Janezo

Hamburg Hankow

Honolula

San Francisco Seattle Shanghai Shimonoshi

Mo

Bouliani yton

St. Martin Thomsk Уа

Branches of American Express Com Thursday which evidently played a the next market session trading 10.90 buyers and T, 11.00 sellers. Government. Most of these com- on $48,000,000)

The Federal Governm pany in Principal cities of United large part in determining the trend activity remained mostly unchanged. Intascos were wanted at Ts: 4.08. panles operate upon pulpwood -States of America and Canada.

of stock prices was the lower rate of The lack of more aggressive buying More than 5,000 Ewo Shares chang- lands secured from Provincial Gov pressed by some of the exchange. As a result, moje bay. has been due to cautiousness on the od hands at. That 18.80 down to Tis, ernmenta; and the Federal Govern vances auth All classes of Commercial Banking era, better prices and an improved part of large-scale traders who pra: 18.70. ...

ment is onlyindirectly concerted alons of rec Transactions undertaken,

ment (agi fur- fn their faztunes. (2) Most of them them turnover characterised the market. fer to swalt absolute clarification of accounts On the following days the

he course of events at Vausanne and Ive their: Iminedif

Sample

rial and enicfent

obtá

DUGGAN"

High

Low, for 1921)

Mon-