1932-10-03 — Page 4

BANKS

HONG" KONG AND SHANGHAI BANKING CORPORATION.

Authorized Capital

Issued and Fully. Fald-up, 30,000,000 Rear Fenda h

Elterminium $10,000,000 Beserve Lability of Proprietors and

HEAD OFFICEĽ HONGKONG.

ANGT

BOARD OF DIRECTORS —

Hon. Mr. J. J. Peterson,

Chilean

BANGKOK NATAVIA.

BOMBAY

«OLLOUTTA

CARTON

COLOMBO DATEN

HAMBURG HANKOW HARRIT

HONG KEV

ILOILO

JUHOLT

WOW

KOWLOON

T. B. Penson, Big-

Deputy Chairman..

3. P. Warren, Bog..

M. Grayburn, Eng Chjet Manger.

BRANCHES :—

KUALA LUMPUR

LONDON LIONS

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA”.

THE CHINA M

THE HO HONG BANK, LTD.

(Established 1917.3-

HEAD OFFICES-SINGAPORE" LOCAL BRANCH:- |-,, - -13, Queen's Road Central

Authorised Capital, Straits $20,000,000 Issued Capital Paid-up Capital

8,000

4,000

Incorporated by Royal Charter, 1853 Reserve Liabilities of

HEAD OFFICE: LONDON,

Paid-up Capital Reserva Fund

$3,000,000 .....$3,000,000

Reserve Liability

prietors

of Pro-

· £3,000,000 |

Agencies and Branches:

ALOR STAR

AMRITSAR

ΒΑΝΤΟΣ BATAVIA DOMBAT

CALCUTTA DANTON

CAWEFORE

ONBU

COLOMBO

DELAI

-KLASPRONG

HAMBURG 1.

KAMEOW

HARRIN

Fol LONG

MALADCA

MAMILA

MOAN (Jabond-

ILOILO

108

KARA GEEL

ELANG

TORRY

MUEDEN

NEW YORK

·FRIPING

PEXAXO

ZANGOON

SAIGON

SAN FRANGIBOO:

SHANGHAY NA

SINGAPORE

NOURABAYA

SUNDEI FATAMI

TIENTSIN

TOKYO

TSINGTAO

YOKOHAMA

Current Accounts opened la Loosi Currency. sad 'Fixed Depozite received for one year at shorter periods in Leoal Currency and Berling en bazma which will be qualed on applications, M: Long Hồ Aphủ, t

་

HONG KONG SAVINGS BANK.

The Balasm of thisbors Bank le omadusied by IN HONG KONG AND SHANGHAI BANE INO CORPORATION.... Bơm way to obtained ww.upplies Mon.

FOR THE HONGKONG AND SHANGHAI RATELSE. CORPORATION,

V. M. GRATBURK.

Chief Managm

Hong Kong, xyth' February, 1932.

THE BANK OF CANTON, LTD.

Established 1912.

Head Offer:-Hong Kong. Authorised' Capital" (K.X. Currency) ...$2,060,000 Phil-Up Capital mamamimimamtvadratujarat 3,065,000 Somers Pucé sanatat

1,100,000

BRANOKKA zam

Carlon, Khanghai, Esokon, Bwalow, Bangkok, New York and San Francisco,

LONDON BANKERS |—

The Lloyd's Bank, Limited. CORRESPONDENTS

'In_sil_principal disies of the World.

..

Funga -usabangs and Misking businom, af wwwcy: description "transacted.

Bala Deputy Dozes (various alsee) si a yearly, <rowind:#1, "Krom: $5 to 840.

LOOK POONG SHAN,

Chief Manager.

THE BANK "OF CHINA..

行銀!

Reorganised October 26, 1928, under

pecial charter of The National Gov. -ernment an

· INTERNATIONAL EXCHANGE -

BANK.

Subscribed Capital

Paid-Up Capital

Reserve Funds

• $25,000,000.00

$24,7. 200.00 3,820,008,82

HEAD OFFICE: SHANGHAL

HONG KONG BRANCH: “4”Queen'■. Rand Central.

KUALA LUMPUR

Foreign

KUCHING

KADRAS MAXILA

KIDAN

NEW YORK

PRIPING (vidag). PERANG

BANJOOK

· RAZOOM.

SEMARANG

KEREMBAN SHANGHAI

SINGAPORE. “

SITIAWAN

HOURABAYA

TAIFIKO

TIENTSIN

TONGKAH (kså ut 3.

TEHOTÃO

TOKOHAMA

ZAMBUANGA

Exchange and General Ban ng business tranzacted.

Current Accounts opened and Fix-

Shareholdern

4,000,000 BRANCHES and AGENCIES in the |principal cities of the world.

Every description of Banking and Exchange business transacted.

TỔ TRONG HO, Managing Director.

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

HEAD OFFICE:-Taipeh, Formosa,

Incorporated by Special Imperial Charter, 1899.

Central Bank in Formone,

BRANCHES AND AGENCIA

| ZAPAN 10-T0879) Tokohama, Kobe, Denka

FORMOSA 1-tran Karl Karisko,

Kakang, Wants, Bhinekik. Talent, Trinas,

Commerce and

Finance

NEW YORK STOCK EXCHANGE

A. O. F. C. Quotations.

New York, Saturday, --Last To-day's. Charges

Äver,......... Avar.

80 Industriais 71.56 72.09 63 up 20 Rails. ".*.3461 - $4.80

.10 up 20 Utilities.....31.61 31.88 27 up

Mesari.. E. A. Pierce & Co. Re- port:Prospects are something

Bank Hosse Lund Average al X 48,500,000 more than even for a moderate strength early next week. Tha wheat market will be a big influ- ence in stock market sentiment. Business done: 300.000 shares.

Last To-day's Pric Price

58%*

de Tabua, Tamui, Town. Heiko, Talto,

Bestow, Canton..

| CHINA :—Shanghai, Hachow, Asoy. Fohow,

OTHER --Hong Kong, "Simport, Sours bey

Semarang. – Datația. Bombay, London, New York, Durat

LONDON BANKERS: Barclays, Beak, Lidy-Liepin Bank, Lady Midland Bană. Lid., Westminster Bäck, Lu, The Best bas. Correspondente in all the prinsip Commercial Center throughout the world." K. NAGURA,

ed Deposits received for one year OTHONG KONG BRANCH shorter periods at rates which will be quoted an application.

A. H. FERGUSON,

Manager.

Hong Kong, 8th July, 1932.

THE NATIONAL COMMERCIAL '&

" SAVINGS BANK, LTD.

4

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.-

NEDERLANDSCHE HANDEL- MAATSCHAPPIJ, N.V.

(NETHERLANDS TRADING SOCIETY)

BANKERS.

Established 119,

י'

SALVATION OF CHINA IN HER Canadian Pacific

all, that the version

churian affairs presented by the Electric Bond & Share 341⁄2

General Electric Chinese delegates at Geneva, General Foods was the only true interpretation General Motors of the situation.

Gillette Safety "This conviction

HONG KONG TRADE.

Some Improvement In

Cotton Clearances.

WOOLLENS PROSPECTS. "

MONDAY OCTOBER 3, 1932.

HONG KONG STOCK EXCHANGE. Opening Daily Official Quotations, Oct. 3, 1932, Next Settlemens Day, Tuesday, October 25th 1932.

Boy-all-Salon Nor

STOCK

+

Becakay

Hong Kong Bank ...5|1605

(Lon, Reg.)...

Chartered Bank ............

Mercantile Bk.. Aæð.

T

Bank of East Asia ...$ Amer, O. Fin. Corp.M$|

Ch. Pin. Cor. Oni Th.

H

Pref... Tu.

The following reports by im. porters have been supplied to the Hong Kong General Chamber of Insermons Commerce.

Canton Ins......

Cotton piece goods, & fancy cot-Union Ins... ............ ton goods The following reports China Underwriters. have been received:

China, Fire Ina, un The news that the strike in Lan- cashire has ended is very welcome, H. K: Fire Ins. ...........> The uncertainty regarding ship-| International Asin, TU. meats," which has existed for the

Shipping past month, is now removed and a

Douglas **** new business is H. K. Stambokiş fair amount of reported to have been transacted. Local prices for Staples continue Indo-China (Prof.) firmer and clearances have shown shella" (Bearer)

(Def)

some Improvement.

The proposed new textiles con tract will be presented for ap 13proval at a General Meeting of Im- 54% porters on October 3 and the

sult of this Meeting is awälted with great interest...

The latest Cotton prices to hand are those of the 30th instant:

1530

2.96

Union Waterboats '...$23];

Mining

Kailan Mining Ad. 1/- Bongue..........

Langkits: (Single)...The

3'hel Exploration. Th..

*

16

LouT

Mid. American "Spot" 5.79d. Raubsa Egyptian Sakel. 8.85d.

F.G.F. "Spot" Venezuela Gold Fields

Woollens. There is A small

Benguet Explorations S

Docki, Wharves,

FEU

# # # # **

:

MAURITU

your

Last dividend and when paid

Dea.

} Interim 23 @ 3/3)=$ish|||Aug"" - 8,

100

4.80

Deo. I, 7 Babe 1 /TAX AJO VEL | Sept.

Decu Interim zimtit való 19-Sept Deas for DL-

Deo.

Mari

Fibon, 85 fue takes

Interim BIBANO 1991 May 19, 31

1876 Des 611010 Dec.

Final 10s to 1930

Dea

Tone M

1630

Min: $1.bonus. $1

Dea

430 for 1990 ...

Exdarden 81 0 1981).

1800 Do

4.05

****

9:8

Deo.

Tasking $55 túe 196:

[Doc."Zave allrálvask for, sešus m

Elec Lait dividend for

¡ith ex. 24-1 on profurce!

for 1924 and 17 June 19, Last videout for 1991

160/- 1:40:10 Coupon Xebe

1. Iron: Frax (ur. 19:01 Po su cauta for 193liminuar

181

July 5, 32

Mar, 30, 4

Dace Bech Enten ve Laune 30, gi XT/6 June 2% Iron 1/2kx Upvà k2] |May" say "ga.

1. for your prim

Oct. T. for your 21-10-27 in Mar. 13, P

12.10

Ded. None

2.80

40

19.90

Deo. Final TŁOM-

1 making 2. 4. Do for 100,

Mar.second fat;:1/- pour 252-33

June Dec.

Feb. 6,

Sept. 23, 33

Air: Reduction

Kausger

Allied Chemical & Dye, 80 American Can....... 54% American Telegraph &

Telephone... .112% American Tobacco. “B”, 81

59% 80% 56%

118

81%

Des Varas Bosd Central. Hong Kong, December 4, 1981.

Anaconda Copper Min-

Ing

12%

Auburn

5914

Borden Company

29

80

17

HANDS ALONE.

Chrysler Motors.

18%

174 +18%

Consolidated Gas of

New York

61%

€1

(Continued from Page-1.)

Drugs, Inc.

38*

39

Du Pont de Nemours

42%

43%

of Man-

Eastman, Kodak ................ 54%.

54%

.844

18* 18

30%

904

174

17%

18

19%

29

Tel. &

13%

Myers "B

054

15

66

32

161

40%

40%

30

10%

194

10

97%

(new) $ goods and a few sales have been Hongiewa .Th. ruade.

N. Engineerings...The. Metals.The metal market is Shanghai Docks...Th. exceedingly dull, and prices quoted are nominal.

Da(16 cate ổi cách

1

1990

Dea. Interim 7,3 ajo 1932

Death for 1981:

90

Apr 15 yanır Mind-35

July 30, 38

Lands, Hotels &

Buildings.

24% 25

of

3114 10

weak.

31

10

284

22 SINCERE'S

76%

43

497%

NEW STORE

86%

is done at International Harvester 284

Tel."

the price of playing exactly into International the Japanese hands in delaying Liggett any possible action of the League Loew's Inc. of Nations to an almost intoler. Montgomery Ward

National Biscuit able period of over one year.

Pacific Gas & Electric

The water that has flowed un- Pennsylvania Railway der the bridge in that period is Radio Corporation .... familiar enough. Suffice it to Sears Roebuck... say, the prophesies predicted by Standard Oil Co.

New Jersey the enlightened all over the

Socony-Vacuum Corp. world, that the formation and Union Carbide recognition of Manchukuo would

Carbon

be an established fact before the Union Pacific Commission's arrival home and United States Steel before the report could be sub-Westinghouse E. & M. 85%

* denotes ex dividend mitted to Geneva.

- Not Conclusive.

EXCHANGES.

TO-DAY'S QUOTATIONS. On London-m

"What are your comments of the conclusions arrived at by the Com- missión?" be was asked. "As al- ready stated, if the summary con-

1/87% tains nothing original, and if the Bank,,wira .......

Bank, on demand 1/3% investigation discloses nothing new, the one could consider that the con- Bank, 4 months' sight 1/4

*Credits, 4 months' clusions are not, conclusive. Among ..1.160,000,000 the ten points raised in the Report sight

1/4 1.20,015,000 one can and more than a few which

582 are, to say the least, ambiguous,

Credits, " 4 and the rest largely platitudes and

Hong Kook on:-il, Quaidia. Rosé Central.

Authorised Capital Paid-Up Capital Reserves

.1. 80,080,000

Hand OM" -AMSTERDAMS,

Calcave, Jakarta", The Hagie", Jiddah, ___Teba,

generalīzations. "

Boston Head Off-BATAVIA Brabokss --Bandjartoonin, Bandung, Bombar "The fourth_point which deals Cher box, Djember, Djokwitht he rights and interests of Marsons, Madany Palembang, jak Japan in Manchuria, and the reces- longas, Piang, Bangoon, Rosterdam”, Semarang Bangun Blagason, sity of recognising them in the Credits, 60 days' sight 23%

de, boneskaria (Sula), Tag, Tajar solution of the puzzle, could be inter-

the complete wire

On Bombay-- preted to justify economic and partly political an On demand nexation of Manchuria by the

On Calcutta--- Japanese

and Wajerreden”,

• Thine afloss haru Badu Deposis Bocas ta Lei

LONDON BANENRA:—

NATIONAL PROVINCIAL BANK LID.

{sas of "evay kasoription iesnascled. .

I movement of new season. Woollen Godowns, &c.

cargo and prospects for the winter H. L. K. Wharves 8145 market appear to be alightly H. K. & W. Docka...$. brighter. No new

business in South Ch. Motors (A) $ | woollens is reported but there has China Providents. (old) $ been some enquiry for "Spot,

Flour. The market is very H. K. & S. HG. (old) $18.00

(New)

יון

*་

H, E. Landr

Shanghai Lands ....

Metropolitan Land Th.

Humphreys an H. K. Realtics......

A SUCCESS Ad Realties "A"..MS

Low-Price Venture Is

Popular.

"B"...M$

Chinese Estates Chins Realties......L China Debentures...Th.

Cotton Mills. Ewo Cottons. The 10t No one has dared to attempt to Shanghai Cortons ..Th. open anything in the nature of Zong Sings.......... Woolworth's store in Hong Kong. Wing On Textile S'hal but there is little doubt that Bucli |

a store' would fill a definite want in H. K. Tramways ......$. 92.10

Public Utilities the city. A factor which is a de Peak Trams (old finite drawback to any such enter: 1

14.10

tree for sua inom

Last dividend for 1994,

Mar. 10, 3

SONATA SA New for restat. 24, 33

Dactaully worst)for (Mar. 18, 35 Deo. Intarii 3/3 1m Aug. 13, 3a Tec. Intart T. ^.30. 4°C 1825.

| Bags. 1. 7. Ì rear 20-81

|13.

: Dec;} {$1.85'on old

Jan denia on NEW

July 30, 33

Oct. 28, 32

Feb. 29, 33

10,40) Dea. Fin.breta, mak, é'zia for 100 Mar. 2, 32

Fab.196 making $4.

140

98

Dea.

100

11:30 96.

| Dec | Jaterim T. 0.80 Wo mEL

12-67: for half

Sept

May 31, Oct. 1,

Dee Interim peta. Ajo 13%, Aug. 15,

w On Paria- On demand

:ật în vid:

for Ter

June 4.33

months'

aight

62214

'On demand

On Berlin-

On New York. On demand

Nom

22%

of goods available at such prices.

na low as 20 and 40 cents, "while | Chins Light (old) another deterent is the small range.

prise is the presens low price of Star Ferries ............... silver, a factor which would neces-Yumati Ferrice (old) $ sitate the selling of goods at prices

Drak

·Dec

#6 for 1991:

Feb. 11, 33

$1.75 for Le

Apr. 17, 33.

Electrics.

- (new)·

17.90 Sept. 50 eta,

Dec. 38,

701

Ded.

for 1983

87% 87%

879% 87%

Numerous schemes "have been Macao attempted to start a store of that Sandakan Lights nature in China, but have failed to H. K, Tels. (old)

124.

Luc.

June

Nona

· Dec. | Interim 1% afe 1588.......

Aug. 5,

materialise, while others have been varished after a short span of life, yet the new Bincere enterprise has met with unprecedented success.

Deo.

| 2.0.40 For..

56%

The Pioneer's Revival

all Malabon Sugars $

(Pref.

Industriale

Sept.

17%`an preteranos sharut for retr 10-1 an

Den. 7%. 4.80 for 1995

Pref...TL,

4534

Dec

0.00

July

Ded.

Wire

Dorrespondants all over the world. Banking Boal "One wonders if the Foreign Na-On demand

tions are willing to sacrifice the

On Singapore--- potential Manchuria market as the On demand recognition of all of Japanese rights

On" Manila. and interests could only mean. On demand One must bear in mind that a good On Shangnai deal of these rights and interests" On demand

On YokokawI—

and foreign banking and exchangsi.

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

1. STOLZINE, Hong Kong, 21st June, 1982.

THE

We also handle the larus if Bond: AMERICAN EXPRESS COMPANY, of the Japanese were not sanction-

and other Pubile Funds of the Chin de Government both at home and abroad.

SHOU J. CHEN, Hong Kong, 5th March, 1931

Manager

INC.

Read Office:65, -Broadway. New York.

Para | Capital

Surplus

THE YOKOHAMA SPECIE BANK

LIMITED.

Established 1880.

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

Reserve Fund

Yen 117,800,900

Read Office:-TOKOHAMA,

Branches and Jexandria

[encies 'at:

Newckwang

Tork

7458,116.73

ANCER-32-**

94

(Bank's

*1/4% :17:11/16

ed by any treaty between China and On demand Japan, and it would be something sovereigns new if the Commission had suggest buying rate) ed that these rights and interests Silyer (per oz.) should be recognised regardless of Bar Silver" in Hong how and when, they were obtained Kong

Nomina! and what they cover And Point Copper Can

Nomina!!< Sevent regarding the granting of Copper Cents

1% prem Large measure of autonomy to the Rate of Tative In- local Government of Manchuria

8%% pa. could be interpreted. to mean the Chinese Sub. Coin 29% %dis. preservation and survival of the Hong Kong Sub. Coin Par.

terest

China Buses S'poreTraction Check.)/-

The 50 cents and $1 store, open- Cald: Mag. Ordi.. Th ed in the old premises of the firm's

(old)

(new)

first atare in Queen's Road Central, Canon Iccser has been outshone during the past Cements (com.) 15 years by the new premises “in Des Your Road, for the simple reason that with $20,000 worth of H. K. Rogen stook it has had no chance to com- China Agricaina pete with a store that carries

$6,000,000 worth. Also it is Dairy Farms situated in a neighbourhood where wasons (old) bargain shops swarm, and where

[{new the customer who cannot purchase Da & Win goods for one-third or a half of the Lane Crawl first price offered, thinks he is being Mackintosh cheated. Yet owing to sentimental | sinceres reasons the Directors of Sincere's Wm. Powells hesitated to dispose of their pioneer Wing On GLI abop.

Then they thought of the 50 and = $1 = store," and made prehensiv list of the iconld market there, and

prised of the diversity of. could be sold at such Four days after

existing Manchukuo - Government, a which the Commission has denounce HEAVY INCREASE IN fed in Chapter Six as a Puppet Gov

GERMAN DUTIES, ernment, and which, they conclude,

* Berlin, Bept has no general support from the Besides the increase of the Chinese and is regarded as an in- port duties levied on mas strame

of the Japanese.

tural products, the Gov whole report contains no- proceeding, by degrees, wit infreshing" "then Point. Eight crease of Customs duties up to 1-

onsidered as surprising In 000 per cent on indu

produce

demanding the with- of all sorts. P. The oficial communi-

Chinese armed que is trying to justi

ound hibitive duties, and

that certain brane

| industry are

foreign marksta

for

1

Peb.

[ 80 vénés for 1181