1932-08-10 — Page 2

HEAD OFFICE; LONDON.

| Paid-up Capital.

Reserve Fund

£3,000,000 2,000,000

Reserve. Liability of Pro-

prietors

£3,000,000

Agencies and Branches:..

ALOB STAK

AMRITSAR

KUCHING

MANILA

CALOUTTA

KEW YORK

PRIPING-{Paking)

PENANG

BANGOON

SAIGON BEMARANG

LONDON

SKIEMBAN

BILANG HAI

BELGIUM

MEXICO

SINGAPORE

BRAZIL

PANAMA

SITIAWAN

HONG KONG

ROUBABAYA

CHILE

PERU

ITALO

TAIPING

CHINA

PHILIPPINE

Air Reduction

IPOH

TIENTSIN

COLUMBIA

ISLANDS

Allied Chemical & Dye 76%

ZARACHI

KLANG

DAIREN

KONE

FOOCHOW

RANGOON

KUALA LUMPUR

RAITRONO

SAIGON

KAN PRANG1800....

REANGELAI

HARMIN

RINGAPOR

ROUBABYA

EPORT

JOHORE

KORE

KOWLOON

TIENTSIN

TOITO

TONORAR (Bhuist).

TRIKSTÃO

CUBA

PORTO RICO

11

American Can

TOKORAMA

ZAMANDA

DOMINICAN.

REPUBLIC"

STRAITS

American. Telegraph

SETTLEMENTS

Telephone

URUGUAT

VENEZUELA

American Tobacco "B" 78% Auburn

Borden Company Canadian Pacife

Consolidated Gas of

New York

DANKS

HONG KONG AND SHANGHAI BANKING CORPORATION.

Actored Capital

Tved and Pully Paid-up

Reserve. Funda |--

Mocking

་་་་་་**a3་།ii*ཐཱ

******* $49, 000, 005

£8,500,000

Allee $10,000,000

THE CHARTERED BANK OF

INDIA, AUSTRALIA & CHINA.

V

THE CHINA MAIL.

THE HO HONG BANK, LTD.

(Established 1917.)

HEAD OFFICE: SINGAPORE. |LOCAL BRANCHANA

(^_|_18,"Queen's Road Central

Authorised Capital' Straits $20,000,000

Issued Capital

8,000,000

Paid-up Capital

4,000,000

Shareholders

4,000,000

Co.Incorporated by Royal Charter, 1853. Reserve Liabilities of

Besser Liability of Proprietors.0.000.000

HEAD OFFICE: HONG KONÑO.

BOARD OF DIRECTORS-

Flon. Mr. J. J. Paterson.

Chairman

T. B. Pearos, Esq. Deputy Chairman.

Hon. Mr. V. 11. Bal

A. B. Osampion, Yaşı

#Miskin, Beg.

AMOT

7. A. Plumme

. . . then, Bay,

J. P: Warrna, Bog

V.M. Orayburn, Ļaq.

Chiat Managse

REAKCILIN (—

LONDON

LYONS

MALACCA

BANOKOK

BATAVIA

BOMBAY

MANILA

OLLOUTTA

MUAR (Johors),

CANTON

MUEDEN

UKIFOO COLOMBO

NEW TOPI

·PRIPING-

FENANG

BANORDS DATAFIA BONDAY

CANTON CAWNPOBE da cátako DELHI

HAIPHONG HAMBURG.

SLA NEW

HARBIN

MADRAS

-MEDAK

Ommerce and Finance

BRANCHES and AGENCIES, NEW YORK STOCK

principal cities of the world.

Every description of Banking and Exchange business transacted.

KO LEONG HOE, Managing Director.

THE NATIONAL CITY BANK OF NEW YORK.

HEAD OFFICE: $5, Wall Street, NEW YORK.

Capital Surplus and

Undivided Proft U.9.$225,508,775.00

Branches in

ARGENTINE.

EXCHANGE.

な

A.O.F.C. Quotations.

New York, Yesterday.

Last To-day's Changes Aver. Aver:

80 Industrials 67.71 67.08.83 down

28.77 20 Rails...26.79

.02 down. 28.25 95 up.

20 Utilities ..27.30

Mesars E. A Pierce & Co. re-

FUTURE OF CHINA'S INDUSTRY.

Programme Of The Government.

RECONSTRUCTION,

WEDNESDAY, AUGUST 10, 1932,

HONG KONG STOCK EXCHANGE. Opening Daily Official Quotations, August 10, 1932. Next Settlement Day, Tuesday, August 30th, 1932.

STOCK

Buy Sell-

Banks

Hong Kong Bank.... 1550

Chartered Bank

Merdandle Bk., A&B. £

Bank of East Asia ...5.

Amer. O. Fin, Corp.M$ Ch. Fis. Cor. Ord. Tha Pref...Th

insurances Canton. Inst

***

Salee Nom. Fin Last dividend and whos

Dec.Luteris 48 192-817:00|| Aug. 8, 89

Deo. Fin. 76 Sub to Zelust kl 1981

21:

Dec.

Minal. Az 100 LITAN

(1 making 12% for 1881.

109

Dea.

for 127-

| Mar. 98, 81

B

4.60

[Dec.

May 19,32

Douglases: ..................

Government to the National Peo Indo-China (Prel.). ...

after careful investigation by the Shells Bearer{-|| --- Convention's Economic and Finan cial Investigation Committee, which 54% also recommended certain amend-

Javeria SLO 104

| Deo. || Fazal (10) for 1090]|

Vimtmelia 548 4/0 1581) −82

{Ded. Noffer

Deo. 89 bower 201

and $7 for 1991 [Intarita: 35 40 LAST)

350 and bogus 16-

1900 Deo.

mazing #55 for 1980....

·Dec. Lars dividend för 1924..

Deos Last divikend for yo

) May 27; 27

May 21, 2

Mar. 80.

· £12). #2: 2/-I 20 proferjedt | June 19, 39.

for 1994 and 1995! Last Mviland Fur 1973 mm

401) Do.15 Coupon, Ye. 69

1180

477/680

314

A Bulletin compiled by the port: The market is easy. Buai-Ministry of Industries Bureau of Industrial and Commercial In- ness done: 8,800,000 shares..

Last To-day'ı

formation and issued in Engish H. K. Fire i

•Price

Prica

from Shanghal says -- 50

China Underwriters:!-

Chins Fire: Ini.

(890

International Assen, Tiz.

7714

51%

61

The industrial reconstruction programme submitted by

Shipping

the H. R. Stambosis. ...$ 22).

110

1106

79%

ple's Convention

Was

approved

"

(Del.)...$

To

75

73:

30%

30%

July 6, 20

Union Waterbost...90

Deo

142

12%

Mining.

Suence for 1841

7

Mar:20, 09

54%

40%

41

88%%

6246

98.4 80%

19

18%

General Foods General Motors

28%

·274

15%

18

are:--

25%

2839

&

Tel.

8%%%

96

Liggett & Myers "B" 58 Loew's Inc..

564

28%

26

Pacific Gas & Electric Pennsylvania Railway Radio Corporation.... Bears Roebuck ... Standard O Company of New Jersey... Socony-Vacuum Corp. Union Carbidé & Carbon 24 Union Pacific

66. |United' Airëraft &

Trans.

13% United States Steel.. 41% Westinghouse E. & M. 34%

271⁄4

274

14%

7%

35%

11

35% 11:4

The ten points on the programme S'hai Exploration....

(1) That the schemes laid down Rauba... 98). in the late Dr. Sun Yat-sen's Venezuela. Gold Field S "Plans for national reconstruc- tion should be made the basic 15% principles for the material recon

Docks, WharrO, Godowns, &c.

7struction of China, and that these H. R. & K. Wharva.§ 140 schemes should be carried out by H. K. W: Dock..........5 18} the National Government at dif- South Ch. Motors (A) $

(" ferent stated periods.

ments regarding railway construc-Beaucas

Kailan Mining Ad, »/-- tion and development of the fishing

Langkatı (Single) ...Th. and stock-breeding industries,

18).

Nano

**

Loans.......Th.

Benguet Explorations-$

...Mar.

R

Doc

81015.

***

In a year 31-3-59,

Deo. Head. Inzi centavos pie 1232:

1" for year 3-5-32

||23/8") || June || (24%, five Utax Open 401

Oct.3.5.30 for year 17-10-29-

5.10

9.80 Deo. Final T. G.

making F..0,80 far 1930,

| Vinal 1k you 71-3-29

Feb. 4,35 June 2:13

·June 30, 8%

May-, #

1

Dec.

for 2011.

Mar. 10,

10

Dea. Last divitund (pz" 1986.

18

'Dec.

254

65

18%

40%

34

mic development, certain specified N. Engineerings Th railways should be completed with. Shanghai. Docks Th in the specified periods: (a) the Lands, Hotels & Chuchow-Shiuchow section of the

China Provident (old) $ (2) That in view of urgent re- quirements for the country's econo-Hoogkews

[Dans |ƒ18: menta: on, old)

(Dew) $

80

16 centena saw for 1931

Mar.16, 28...

818Dea. F. T.11 making, T.14 for 1831:

May 19, 89-

13.

} DIAL..

160

2.0.26 fur 1981_ Apt. T. Blor four 20-4-12.

Marti

July 30, 19

Buildings

Canton-Hankow Railway to be com-H.K. & S. H. (old 10.70 pleted by the end of 1988; (b) the

(New $101

20.85

18

10/.80... 761

204 Doc. Interim 27- 3.30 aệt 1982.mee

Den { to ets-fold) 50 eta.(new) for 1971). Mar.18, Hi Ded. Interim $8 áƒo 1935..

Aug.12, 51

July 30, Bi

144-150, Des Voeux Rd. C.

Sep. T. 1 year 20-9-45' 'imm

Oct. 25, 15.

16

Dea. $1.30 an old::

***

10,8001....

156

261.

1/334 1/8

100

(11.40]

1 DEW) Deo. Fin. 20tutaki do ota, for 1st

Doo.

Feb.{{Maal 25 making 35

360 your 16-281-

for 1981....

Feb. 29, 19

Mar. 3, Mi

July 19, 24

HAMBORO FANIOW

SONG KE

GOLIA

KUALA LUMPUR,

SUNORI PATANI

TSINGTAO YOKOHAMA

11

·Current Arcoxints opened in Local Operasy and Fied Deposila rrosived for eus your or skorter parinda in Local Company and Marling a terme which will be quoted on application. Hong Loog. 6th April, 1982,

HONG KONG SAVINGS BANK.

The Bestones of the abors Bank conducted _by_Ma. BONG KONG_AND BILA MOYLAI BANK- LIG CORPORATION. Bonning"be"abiained

`ni sagčiosion.

FOR THE HONGKONG AND SHANGHAI BAWIING, CORPORATION.

V. M. GRATBURN,

'Oliet: Manager

Hong Kong. 17th February, 1932.

THE BANK OF CANTON, LTD..

Established 1912.

Head Office-Hong Kong. Anthoceed Copila) [II.X. Curreasy): ... $11,008,500 8,000,000 1,100,000

Fold-Up Capital ......

Baners Fundeni

BRANCHES.

Canton, Shanghai

Hankow,

Swakir Bangkok, New York, and San Franc

LONDON BANERIA:--

The Lloyd's Bank, Limited.

CORRESPONDENTS.

La ali principal oltinn of the World.

זי

Foreign Exchange såd ́ beaking businom ol

every scription" transacted.

Bule Deposit Boxes (razione-sizem) ni a`quaciy

venial of Troca $40.

LOOK POONG SHAN,

Chief Manager.

THE BANK OF CHINA.

行銀國

Heorganised October 20, 1928, under

pecial charter of The National Gov- ernment as ati".

INTERNATIONAL EXCHANGE ·

BANK.

Subscribed Capital ....$25,000,000.00

Paid-Up Capital

Reserve Funds

.$24,71 200.00 .$.3,82,03.82

HEAD OFFICE: BHANGHAL

HONG KONG BRANCH:

4. Queen's Road Central.

Foreign Exchange and General INDIA Banking business transacted.

ITALY

Current Accounts opened and Fix-JAPAN

Commercial and Travellers Letters ed Deposita received for one year or shorter periods at rates which will be of Credits, Travellers' Cheques, Bill quoted on application.

of Exchange and Cable Transfers bought and sold." Current accounts Drugs, Inc. and Savings Bank accounts opened and Du Pont de Nemours Fixed Deposits in local and foreign Eastman Kodak currencies taken at rates that may be Geners? Electric ascertained on application to the Bank

Owing to our numerous branches in China and large connectiona ̈in the im- portant commercial centres of the world, we are able to extend te our clients speelki facilities for domestic) and foreign banking and exchanges.

We also handle the issue of Bonds

A FERGUSON,

Manager. 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

We are also able to offer our Cus- tomers

the services of the Branches International Harvester & of the International Banking Corpora- International Tel.

tion in Spain and also of The National City Bank of New York (France). S.A., in Paris and Nice

R. M. MCLAY...

Manager. Hong Kong May 13, 1932.

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

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

EFFICIENT TRUSTWORTHY-Bank-Notesued Average amount. 45,000,000

RELIABLE-COURTEOUS.

NEDERLANDSCHE HANDEL- MAATSCHAPPIJ, N.V.

ĮNETHERLANDS TRADING SOCIETY;

BANKERS.

Established 18H.

Hong Kong Off:-11. Queen's Bead Central.

Authorized Capital .f. 150,000,000: Paid-Up Capital

80,080,000 Rasdrves

..t. 20,015,000

Hand Office:—AMSTERDAM”. Eastern Blind 08:—BATAVIA.

BranchesBendjersnäsin, 'Bandon Bombay Calou Charlbom,, Dimber, Dipl jakarta"," The Hagus", Fiddek, Makassar, Medan, Palembang. Poka. „Lönigra)}^ Persary, Pangoon, Bottardado”, Gemarang, Shanghai, Singapore, Bowes- bile, Gourikarie (Solo), Tegal, Tjka+jap and Weltevreden”.

*Thane odbori hara Bafe Deposis Bazne to Late

LONDON BANKERS :--

NATIONAL PROVINCIAL BANK LID. Correspondania all over the world, Baaking Buai- mana, að svacy descripślon transected.

A. STOLKINK,

...Manager. Hong Kong, 21st June, 1982. "

THE

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

Government both at home and

Abroad..

SHOU J. CHEN, My Manager.

Hong Kong, 5th March, 1981,

THE YOKOHAMA SPECIE BANK,

LIMITED.

Established 1880.

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

Teil 177,800,000

Head Office:--YOKOHAMA.

Branches and Agencies at:

Alexandria

Batavia

Nagasaki

Nagoya

Newchwang

Baella

Bombay

New Yor

Danka

INC.

Head Office: 65, Broadway. New York.

Capital

Surplum

·Reserved:

U.S.$6,000,000.00 0.9.$1,882,882.04 .U.S.$1,468,116.78.

BRANCHES

Losdo

Monte Carlo

· Central Bank in. Formosa, BRANCHES AND AGENCIES: JAPAN--Tokys, Yokohama, Kobe, Osaka.

Isalung. Magi Karenko,

·FORMOSA :—Diena,

Makong, Kante, Skinohiku, Talabu, Tsinan, Takso, Tamani,. Then, Halia, Telia

Amoy. Foochqw, CUINA:-Shanghai, Hankow,

Babaw, Cantos.

Bingspore, Fourabaya, Semarang, Batavia, Bocobay, London, New York, Deirea

OTHERS-Hong Kong.

LONDON BANKERS

Barclays Bank, Lid., Loyda Bank. Ltd. Midland Sask, Ed., Westinater, Bank, Lad The Bank has Correspondente in all the principal Commercial Centres throughout the world. K. MAGURA,

1

HONG KONG DAANCH:

8. Des Vaux Road Cantral. Hog Loog. December 9, 1981,

Manager

THE MERCANTILE BANK OF

INDIA, LTD.

HEAD OFFICE :

15. Groschurch Street, Londen, Z.CA.

Authorised Capital ....£8,000,000 Subscribed Capital..... 1,800,000 Paid-up Capital * 1,050,000 Reserve Fund & Rest 1,217,927 BANKERS: The Bank of England à Midland Beak, Ltd. BRANCHE 1

Be-kode

+

Ipok Kaudy

BLDAY

Karachi

Celeutia Colombo"

Kota Bharu

Köska Zápla

Delli

*70

Howe

7

EXCHANGES.

„TO-DAY'S, QUOTATIONS.

On Londonimo'' Bank, wire

Bank, on demand. Bank, 4 months' sight 1/8

Lung-Hal Railway: the Tungkwan HK. Lands

Slan section to be completed by the Shanghal Lands... Th. end of 1932, the Sian-Lanchow Metropolitan: Lands Tis, section by the end of 1936, and Humphreys

Cotton Mills

the branch line between the Grand H. Realic Canal and Taferch-wang by June, Asia Rexities "A" .....MS. 1982; (c). the Paotow-Ningala ex Chince Estate ****** tension of the Peiping-Sulyuan China Realties..... Railway by June, 1934; (d) the China Debentures... Tl. Nanking-Chuchow section of the projected Nanking-Hunan Railway Ewa Cocona......TH by the end of 1984; (e) the Tsang- chow-Shihkiachwang Railway by Shanghai Coton... June, 1992 (Here an amendment Zoong Sings ....T was made to the following effet: Wing On Textile S'hais "Preparations for the building of Public Utilities other railways, such as the Canton H. K. Tramways, '..! Fi Tengyueh the Canton-Chungkian, Peak Tram (old) ......

(new)... T the Tungliso-Kalgan, the Taouan-

the Star Ferrira $ Luping, the Kalgan-Dolonor, Harbin-Taonan and the Szechwan Yana Ferries (old)...$34 (new)..$39 Kanting lines should also be made, China Light (old)

*

ཟླ་རྩྭ་:སྒྲ

(14.10 | Dec. | T: 1.80 for 1981, .....

Apr. 29, 31

[Apr.

12

FTO and T. 3-63 for half year 36-4-12

Ost.

| May 21, 22

INI

110,60 |Jane | T. 0-90 for year #0651 ...

Des, 8, Ji

HER

129.90/23

**

Doc. Interim eta, h/o 1993 ........| Aug. 16, 19/

[01: on old

for FREE Apr150 ate on new) 30-471

Dec. 65 for 1011,

Deo,

$1.75 for 158t

Credits, 4 months'

sight.

On Paris...

On demand

580

Credits, .4 months'

sight,

620

On Berlin

On demand.

Nom.

On New York----- On demand

2234 |Credits, 50 days' sight, 237%

On Bombay...

Wire

86%

On demand

86%

I

Passng

On Calcutta-

Pori Louis

(Mauritian) Bangoon Shanghai

and. their construction compléted within specified periods.")

fa fer (new) <d

.

HE. Electrics

Wire

86%

Engineering Works.

Macao

On demand

86%

19 Jane Nove

On Singapore

On demands....

561/2

Besarships

in connection with the conservancy HK. Tela, fully paid $ of the Hual' River should be com-

part paid $ 981

On Manila

On demand

45%

On Shanghai-*-

pleted by the and of 1985, and that China Buses .........T. conservancy work" on the Yellow S'poreTractions(Ord.)/- River be undertaken

(Pret/~

On demand

754

the

On" Yakalama

(Bank's

Kuala Lumpur

Kuantan (Pahang) "Kisgapore

Madras

Kew York

- HONG LONG BRANCH. Every description of Beaking and Exchange busi Travellers Cheques 'insusi..

Trustee and Executorships under taken:

INTEREST slowed on "Current Accounts' and Fland Deposita si Baise that may be sorted on application..

3. B. ROSS;

Manage 1. Quena's Book Central':

Hong Kong, 7th April, 1982.

ALEXANDER INSTITUT DE BEAUTE

Phone 25189. Padder: Building”

Opposite ExtraOS

Hong Kong HKAL Lustrous Oll Parm which:ares Larra; Artistic Tis

On demand Sovereigns

boying rate)

1/41⁄2 17 18/16 Silver (per oz.) Bar Silver in Hong

Kong

Nom. Copper Cash Howda Nom.

་ ཇ་

Copper Centa Jibri. 1% prasa. Rate of Natiru. In-A6

tarest

8% % D Chinese Sub Coin 80% dis Hong Kong Suk. Cohn Para

LONDON EXCHANGES,

Paris New York.

Montréal

"Brussels

Geneva Amsterdam

Milan

CHARGES/MODERATI

Berlin

18FT WILL CONVINCE YOU.

Stockho

LATEST INVENTION

London, Yesterday.

*88%

8.474 8.98

25 1/82

17.8135

8.82%

(3) That the engineering work Sandakan Light ....S

כן

(4) That the first part of

Industrials engineering work for the opening Malabon Sugars ......

of the Great Southern and Eastern Cald's Macg. Ord....Tis. Ports' and' slap of he ports of Hulu-

|Sept. 50 eta for your 30-4-51.

Dea. 83,60 for 1VE

Dad.

· Des. | Inberlin 4% đếc 188%

Dec.2.0.0 for 1300,

(186) on praterassos "skaren)

Subject to income taxi,

1916

Dec. P. 4.40 for 1920

·· Pref..........Tic.

Deo

tao and Halchow should be com Canton Ice

Cements (com.) pleted by the end of 1985,"

13:

July

1.90

(5) That the total mileage of modern highway in the country

(old)

10

Des.

(new)

China Agriculture......

..".

H

should be increased to 200,000 kilo. K. Roper ...... metres by the end of 1985; 'and that projected routes be planned by the Government according to the Dairy Farms respective need for improved Watsons (oldy transportation facilities in differ

Der A Wid ent parts of the country,

(6) That the air routes in the Lane Crawfo country should be increased to Mackintoale 50,000 11 (approximately 17,000 Sinceres miles) and the number of commer- Wm. Powells

Wing On Textil cial planes to 1,000, and that the Government should devise means Misce

H.E: Ammu for encouraging such extensions.

(7) That State shipping enter priser should be increased to be tween 200,000 and 300,000 tons by the

operating

inland ther cos

ga aམྦཀྱa at Bria

༄**

101 Dec

oats for your 21-7-81. {48 meste un old) far, 1867

coats on FEW

Ock.com for year 1-10-31

Fab.

on old.

·Jana 4, 39-

Fab. 33, 46

Apr. 37, ul′′

Dee. #1, #

| Mar. 28, 19

making 60 ota, Feb.boosta, for your 29- Apr. 23, 19 15 Fabeling $100))) #52in

18 Boxs2-ata") for year

8.857eb.20 CATVORES 10 UK. ↑ EOS"

3.1 making 30 mente :-)

¿Dec. 9 ounts for 1961

Chan

merican

United

Backing

rican Che