1932-09-05 — Page 4

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION.

Authorized Capital

Lound and Yully Paid-up mendirasa Borre und

Dilleg£ 6,500,000 ver $10,000,000

$10,000.DOU

THE CHARTERED BANK "OF INDIA, AUSTRALIA & CHINA.

THE CHINA MAIL.

THE NO HONG BANK, LTD.

'(Established #1917)

HEAD OFFICES-SINGAPORE. LOCAL BRANCH:

* - 12, Queen's Road Central:

Commerce and Finance

MONDAY, SEP

1932

HONG KONG STOCK EXCHANGE Opening Daily Official Quotations, Sept. 3, 1932. Next Settlement Day: Tuesday, September 27th, 1932.

STOCK

Banking

4,000,000 WORLD'S POLITICAL MANCHESTER WEEKLY Hong Kong Band

Reserve Liabilities of

Shareholders BRANCHES and AGENCIES in the principal cities of the world.

Authorised Capital: Straits $20,000,000 Issued Capital ...

8,000,000 4,000,000 30.000.000 Incorporated by Royal Charter, 1883. Paid-up Capital

',

HEAD OFFICE, LONDON.

Paid-up Capital":

Reserve Fund

Reserve. Liability of Pro-

priators.

£3,000,000 83,000,000

£3,000,000

Homery Láněty of Proprietors. .........$90,000),DOO

HEAD OFFICE HONGKONG.

BOARD OF DIRECTORS |—

Hon. Me. J. 2., Palaemon,

Chairman..

t... Peacon, Ing.. Deputy Chalrusa.

Xas. Kr.. W. IL Ball,

Compton, Esq.

1. Makin,, K4j.

BANGKOK

BATAVIA

BOMBAT

CALCUTTA

1.

Agencies and Branches:

ALOB STAN

AMRITSAN.

Law, Zaq..

ВОМЛАТ

CALOUTTA

1. P. Warren, Bog:

V. M. Grayburt," "Hung'"'..

Chief: Manager

BLANCHER'

LONDON!!

LYONS. MAZAGOA

MANILA

MUAD (Jokoen,

MULDEN

NEW TOPK

PEIPINO

PENANG

BANGOON

ЯAIOON

BAN FRANCISCO

SANORAL

CANTON CHEFOO COLOMBO DAIBEN POOCHOW

RAIPHONG

GAMBERO

MANKOW

HABBIN

BUNDAPORE

HONDREW

SOURADATA

ILOILO

·SUNDEI PATANI

twoH

TIENT IN

JOHORE

TOKYO

CODE

TRINOJAO

KOWLOON

ICALA-LEMPEN.

YOKOHAMA

Current Accounts opened" in Local Currese? and Fited: Deposite received for one year or ..shorter periods in. Local Currency and Sterling og kime which will be quoted on application. Hong Hong, Sth April, 1982-

HONG KONG SAVINGS BANK.

The Businom of thi above, Bank le, sonderbati

By the HONG KONG AND SHANGHAI BÁNK- ING CORPORATION. Buine say he obstinan un apgānskom.

O THE HONGKONG AND RANGER! SPRING OGAPORATION

MORATBURA,

Hong Kong, 27th February, 1933,

THE BANK OF CANTON, LTD.

Established 1912, “.

"Head Office:-Hong Kong.

Authorised Capital: (16£. Curmury) ́.........$11,000,000. Paid-up Capital: Becerra Fund

BRANCHES.

8,006,000 1,100.00

Calon Blanghali Hankow,,__Awator, Bangkok, New York and Rao Francl

LONDON BANKERB

The Lloyd's Bank, Limitež. CORRESPONDENTS

La all principal oftios of the World..

Forsiga azchange and banking busions of

every description: "tenasacled..

Bale Depoel Boca-(various-alsaq}. al. a, yourly

rental of from 4. 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-.

trument as "an

INTERNATIONAL EXCHANGE

BANK.

.$25,000,000.00

.$24,77 - 200.00

Subscribed Capital

Paid-Up Capital

Reserve Funde

$ 3,820,09.82

HEAD OFFICE: SHANGHAI,

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 exchanges.

BANGKOK BATAVIA

CANTON CAWNPOR

CEBU COLOMBO

ILOILO

ПРОВ

KUCHING

MADRAS

MANILA

NEW YORK

PRIPING (Peking)

PENANG.

SINGAPORE

· Every · description · of Banking and Exchange business transacted.

KO LEONG HOE,

DEBTS.

Kinaging Director. Payment Possible Only

In Imagination.

THE NATIONAL CITY BANK OF NEW YORK.

HEAD OFFICE: 85, Wall Street, NEW YORK.

| Capital, Burplus, and

Undivided Profits U.3.$205,444,512

Branches In

MARKET REPORT.

Sn(Lön, Reg.) Chartered Bank....... Mercandle Bk., AaB.,

Beak of Exit Aria..........

"

BuySell

Salee You

· your

Last dividend and when paid

During the week cotton prices

') Amer, O. Fin. Corp.ME | have shown an advance, having been Ch. Fin, Cor, Ord. Th.. Influenced chiefly by firmer cam-

Pref...T modity markets. · Chief ́intarent 'Insurances. however centres in the coming crop Canton Ins AN ENORMOUS SUM.

forecast and rather nervous

Union Iss. Capitalised at 5 per cent, the markets are to be expect

[China Underwriver: Bureau report so-called political debts of the until the

la out of the way. A year China Fire In various European countries aggrego the condition figure was given H. K. Fire Ins. gate $14,125,000,000. This amount as 74.9 per cent, the crop indication

#International Asser, Tis. includes Russia's political indebt being 15,584,000 bales, but the ac

more than this Shipping edness of about $4,250,000,000 for al figures were

and cotton fell a penny a pound. Douglasce the repayment of which no proviAlthough there is likely to be much H. K. Stamboats sion has yet been made, the Soviet variation in the estimates of private'

Indo-China (Pref.): having repudiated all obligations firms, it is generally considered that contracted by the Czarist Govern- the market is anticipating all Shells Bearer SETTLEMENTS

estimate of about 12,500,000' bales. Union Wastiboats. 1-15 904 ment Russia's repudiation P Better news has come to hand dur URUGUAY VENEZUELA pllas to commer:fal as well as ing the week regarding industrial

debts.

conditions in the States, and the political Commercial and Travellers' Letters

ARGENTINE

BELGIUM

BRAZIL

CHILE

RANGDON

BLAIDOM

DELET

SZMARANG

HAIPHONG

SKREMBAN

HAMBURG

SHANGHAI

HANKOW

HARBIN

SITIAWAN.

HONO IONO

HOURABAYA

TAIPING

TIENTSIN

KARACHI

TONGKAH (szkok).

CHINA

KLANG

KOUL

YOKOHAMA ·

COLUMBIA

KUALA LUMPUR

ZAMBOANGA

CUBA

Foreign Exchange and General Banking business transacted.

DOMINICAN

REPUBLIC

INDIA ETALY JAPAN

TEINOTÃO

Current Accounts opened and Fix-

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

A. H. FERGUSON,

Hong Kong. 8th July, 1932.

Manager.

THE NATIONAL COMMERCIAL

SAVINGS BANK, LTD.

CURRENT ACCOUNTS. Cheques Cashed in 15 minutes

while you wail.

SAVINGS ACCOUNTS

We offer good rates of interest. TOTAL HESOURCES. $15,000,000 EFFICIENT-TRUSTWORTHY

RELIABLE-COURTEOUS.

144-150, Des Voeux Rd. C.

NEDERLANDSCHE HANDEL- MAATSCHAPPIJ, N.V.

(UETHERLANDS TRADING SOCIETY)

DANKEDS,

Established 1924,

Hoog oog on 1-11, Queen's. Bond Contrai,

41

Reserves

LONDON

· MEXICO

PANAMA PERU PHILIPPINE

ISLANDS

PORTO RICO STRAITS

Mining

Benguet

1:10

LOBE........The

of Credits, Travellers" Cheques, · Bilis) If Germany's reparations pay-outlook is generally regarded as Kailan Mining Ad."s/~ of Exchange and Cable Transfers ments, as fixed by the Young Plan, being brighter. Confidence, how-Langkau... Th bought and sold: Current accounts are added, the total political debt ever, is only expected to return s'ha Exploration ...Tha and Savings Bank accounts opened and of the world reaches the impresslowly, Although the Bank Holiday Fixed Deposits in local andi foreign currencies taken at rates that may be sive figure of more than $24,000,-week-end has rather upset business, Rube ascertained on application to the Bank. 000,000, or materially in excess of enquiry generally has been above venczucia Gold Fields $168

are also able to offer our Cus-double the total available supply the average, and although offers Benguet Explorations $oots. tomer the services of the Branches of gold, the only commodity in have in many instances been very of the International Banking Corpora-

S.A in Paris and Nice.

R. M. MCLAYA

Hong Kong, August 12, 1932.

Manager.

(new) $

1.90

Docks, Wharvenj tion in Spain and also of The National which most creditor nations wish low it is likely that many of them Godowas, &c. City Bank of New York (France), to be paid. The fallacy of such will improve. Naturally the wages H. K&K Wharves $140

insistence is apparent, writes Dr. discussions have restricted business K. & W. Docks...5 to a marked extent and it is to be South Ch. Motors (Á) 5 | Max Winkler,

CBS Great Britain heads the list, hoped that some agreement will **, With a total political indebtedness soon be reached in the interests of China Providčau (old) $ "of $4,250,000,000. If the country all concerned. There has been were to repay this debt in terms rather more enquiry from India and Hongkows of rubber, a commodity whose Cakutta' has submitted offers for N. Engineering ...The.

Shanghai Docks ...TH. 87. market la controlled jointly by dhootles, jacconets and fancles; England and Holland, she would, though as yet transactions have Lande, Hotels & on the basis of current levels, have been few. Karachi and Madras

THE BANK OF KWANGSI, (Hong Kong Branch.) Opening on September 6, 1932.

Authorised Capital $10,000,000; Paid-up Capital .......$ 3,500,000

HEAD OFFICE:

Nanning, "Kwangsi. BRANCHES:

Buildings.

to pay more than ten times as have done a small business in mulla H. K. & S. His. (old) 5.

• (New) $ much as she would have paid on and light goods, whilst certain of H. K. Landi the basis of quotations for rubber the upcountry markets have not, Shanghai Lands Th obtaining in March, 1923, when been altogether idle. Apart from a the war debt of the country was few transactions in poplins for Metropolitan Lands Th Humphreys yuş Branches and Agencies in the funded.

Shanghal very little has been done H. K. Realtics principal cities of the Kwangsi This method of computing Inter with China, while Jays and the Asia Realtics "A"... Province and Correspondents all governmental debt payments con- Straits have also been quiet. Little Lover the world.

veys, in the writer's opinion, a has been heard of Egypt and the Chinese Estates much more concise idea than the Near East, but moderate quantities China Realties ....Th. reduction of such payments to a of printing

and finishing China Debentures...Tis. per capital basis.

cloths have been donë-for both | "Catton" Mills. South America and West Africa. Ewo Couons . Th The Home Trade Section has had ́a

Authorized Capital .1.150,000,000 Paid-Up Capital. ... 80,030,000

* sp. f. – 20,015,000 j;· Hand Off-MSTERDAM"," Eastern Head Office:—BATAVIA,

Branotes:-Danjarmasin.

Bandcany": Bombay,

Djember, Djok

Calcutta, Cheribos, jakarta", The Hagus", "Fiddah, Kibe,

HONG KONG BRANCH: Gloucester Building, 1st floor. Des Voeux Road, Central,

Banking Business of every des- cription transacted.

Cable and Radio Address No. 2306

dull week, yarns also having proved Shanghai Cotons... the featureless.

Zoong Sings. Th

*X-

Wing On Textle 5'hai$

Public Utilities

France's Debt, France ranks next with a total of about $3,100,000,000. Telephones! Manager 30112, nation's political debt were Business 30118, Enquiry 80114. pressed in terms of silk,, an im-

portant item in France's economic RUBBER TYRES FOR H. K. Tramways.....$ PAK TSE-KUN,

structure, ‘payments would aggra- Manager. CHANG CHAO-TANG,gate about five and one-half times as much on the basis of to-day's Sub-Manager. Hong Kong, September 1, 1992.

Maksonar, Medan, Falerabook THE BANK OF TAIWAN, LTD.

longas, Pinang.. Baugen, 'Botterdam", Bemarang, Bhanghal, Aingapore, Boers- hair_bowskarta (Solo), Tegal," Tjšintĵap and Waltevreden".

* These offices have Safe Deposit Boxes "to. Lat."'

LONDON BANKERS

NATIONAL PROVINCIAL BANK LTD.

Correspondente sit even the world. Backing nose of ovary discription transacted. -

▲ STOKKINK, Hong Kong, 21st June, 1982

THE

(TAIWAN GINKO.):

HEAD OFFICE Taipsk, Formosa.

Incorporated by Special Imperial Charter,., 1899,

Central Tank lo Formosa, Boot-Bank-Notes inued Average amount .Yen. 45,000,000

... BRANCHES AND AGENCIES. JAPAN :—Tobąd,. Yakobsen, Kobe, Osaka, POEMOSA:

Karenko, Soluns

Manager.:

We also handle the issue of Bonds AMERICAN EXPRESS COMPANY,

and other. Public Funds of the Chin- ese Government both at home and abroad

Hong Kong, 6th March, 1981,

INC...

SHOU J, CHEN,

Manager.

Bead Office: 65, Broadway,

New

Capital

Surplus

Beserves

3.$6,000,000.00 .8.81,832,832.06 3.$1,458,116.73

· BRANCHES):

THE YOKOHAMA SPECIE BANK, LIMITED.

Established 1880.

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

Yen 117,800,000

Head Office--TOKOHAMA,

Branches and Agencies at:"

Nagánki

Nagoya

Newchwang

New York

Danka®

Bata

Berlin

Bombay

Calcutta

Caxton

Changchun

Dairen (Dalny)

Hamburg

Paris

Pelping

Rangoon

Fengslen (Mukden) Rio de

Hackowa:

Harbin

Hooinin

akong Nante, Shinchiles, Talebe, Tainan, CHINA-Sheng Henkow, Amoy. Foochow

Takao, Tarmazai, Tors, Kaito, Tallo,

Swatow, Casion.

OTHERS-Hong Kong, Siapaport,

Semarang Balaria, Bombay. Londor Naw

York, Dairen.

LONDON BAXIBBS 1.

'Barclays Haak. Ltd., Insyds Bank, Lid..

Midland Bank, Lid Westminster Back, Lad The Bank has Corterpondents in all the principal

Commeralal Centres, throughous blow world?

· K. NAQUBA”

[MONO: TONG. BRANCHULES

Hang, Kong, Domm

DO YOU WANT?

Price List of Flower and Vegetable Seeds-for-195 Season with brief cultu

the opp

Gardens

Your

levels as on the basis of prices

| prevailing at the time the French"

debt was funded.

....

FARM CARTS.

Peak Trams (old ................

(new). Star Ferries grea

Farmers Impressed By Yaumati Ferries (old) as

Demonstration.

(new S

China Light (old) .... +11 (new)

Italy is third with $375,000,000. If an experiment which was tried Electric....... Due to the relatively restricted re-out in the neighbourhood of Bir Mac sources of the nation and the mingham is favourably regarded by H. K. Tel. fully paid $

Sandakan Lights greatly reduced national Income, the farming fraternity and there despite rigid economies, payments seems no good reason, save perhaps China Buses

part paid by Italy on account of political the farmer's traditional conserva- SporeTractions(Ord. »/- debts constitute an almost unbear- tion or the present impoverished

17 (Pref./- able burden upon the Kingdom's condition of the industry, why it Industrials treasury.

should not be the farmer's boy will Malabon Sugars ... Eliminating Russia, Germany's in the very near future drive, not Cald: Marg, Ord. Th reparations debt is almost twice the accustomed heavy wheeled cart,

* Pref. T.. as large as the political debts of but one fitted with pneumatic Canon Icer. all the nations combined. In other rubber-tyred" wheels.

Cements (com.)

(new)

words, the present cap al value of "At least one present at the de- · (old): the Reich's political commitments monstration appeared to appreciate

is approximately $10,000,000,000, the advantages which this new type H. K. Ropes although the total to be paid by of vehicle offered, and that was the China Agricalziralı Germany, according to the Young horse which drew it

Plan, is about $15,400,000,000, The look on the face of his luck Dairy Farms while the politicaldeots of the other European courtries amount,

lized at per

2616

A Staggering Sum

i:

$1890

Deo. {} Wnal5% IN UTKE

waking 11% for 10

Dou, pinberlin 490, USIRALA,

Aug. 8, 32 Pooha. 76 sub. to 1/T, die 198) Mar. - 32

Mar

Adar. 31, 32.

Dec.

14.00

10:

36) for 1830 |

May 19, 32 May 27-32

Pand 80 for 190001-)

$.5. May 27, 32

Jea

Mar, 39,

sanking 833- Typ 1500

Dec.]

KURIU

18"

Įdeo | Law divident for ISCL,

Lant, diviffer

for 1924 nail (919) j Last dirhland far jurta

16 Coupon. Yo es

''

free Iftax fur 1991 ·

qant for US)

JJune 19,

July 16, 33

(Mar. 30, za

• deck, Inu gleamaini de iug įjung 39, JA.

"tur pani Sub Oc7.50s pene Spark

May 32

May 8, 32

£10

Vide

$2.80

· Deo || Vina}T, HA

† making "T: 0.00) 102 103

Feb. 6, 32

Mar Dac,

Vinal U- ver o33

`Integ·at year 3 583.

| Dao. | # "terbart

THOCK

Mar. 10,

· die "ittelilyeva' kan 11Zkument

Dec

1.16 cunts pu all;

In 1981

Mar. 4.32

Peo, Fla. V.11insking. Tits for tuhy | May 13, ges Dee.froth for tisti

Apr. 1. 1(a) paar 92,4-48.

Mat. 5, 32

July 30, 32

Decota(id) et\{new) or in z Már. 18, 3a

**Dec. Interim 89 am 1465

Aug, 11, 32

Dec.Yaterim T}+1 207 1.30.790%.

[Bep. T. 1 our co 31

July 30, ja Oer, 38, 32

16

Doc.

Feb. 29, 32.

120 cents on NEW

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時

Dec. Pin, Fila, maka cle. for am Mar." 7, 32

Dou.

¿Pinal 96 making 8+

Fab.

July 19, 32

200

and

T 1.80 fur ! „T, 1&1 for hali yah?

[Apr, 29, 33. May 31, 33

Det

494 11:10 Brune de uditor praz modal

.11 on uld..

1. Apr

Aug, 15, 2

June 472

Feb. 11, 32

Apr. 27, 2

Doo.

10/16/90

17

60 ct for s

50pl

Dec for 152

Mane

Juturim 4 % aje Jag

·Dee.

Dec

11 Sepi

104 1 (244) an prateranen anden

Iy Bubiyetete income tax.....

•Doc.

Dea

July

213 omista for your

Dog,

less companion who struggled gal- Watons

Jantly to ascend the soft solled in cline which the other horse had Per taken with comparative ease was Lane Crawfor ona of frank disgust.

Mackintosh

§3 botina 30 ota, d07 YOR

Foix

•jši vonui ki eta. ¿for JessS

Feb.

32°4 a, bônus Lo eta, !' for y

Feli

making 20 centa

The tests were carried out at Sinceres Adding the sums, which Germany Ashold Farm, Castle Bromwich, in wo is to pay, Eccording to the Yeans the presence of a select band of ex-Wing Plan, to the total payable in scperts, which included Mr. Anthony cordance with the terms of the Thompson (Ministry of Agricul- various debt funding greamenta, ture) and Dr. H. J. Denham (Agri- one obtains the staggering sum of cultural Engineering Research De $87,500,000,000, equivalent. to: thể: total net value of

duction of the United Sta

Britain, and Germany,

dly a year of

partm Oxford)

The land tyre, as it is called, been developed at Fort Dunlop by

er Company

giar from test

ded and that the

¿Dec;

Dec.