1932-11-02 — Page 4

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BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION.

"Authorama, Luptent

الا ان الاكل الكم تاته الله

Larged and Polly Pup 33,000,000 Hasures Funds -

Hurling

£8.500,00 $10,000,000

Komory Lability of Proprietors $90,000,000

HEAD OFFICE. SOKONA.

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA:

Incorpulated by Royal Charter, 1853.

THE HO HONG BANK, LTD.

(Established 1917.)

HEAD OFFICE:—SINGAPORE.

· LOCAL "BRANCH:~~~

14, Queen's Road Central

Authorised Capital Strata $20.000.000 Issued Capital

Paid-up Capital....

Reserva Liabilities of

Shareholders

8,000,000

4,000,000

BRANCHES and AGENCIES in the principal cities of the world,

Every description of Banking and .£3,000,000| Exchange business transacted. ---- .43,000.000)

CHUA KEN HAI;

Manager.

HEAD OFFICE: LONDON,

Paid-up Capital

Reserva Fund

BOARD OF DIREĆIONS :-

Reserve Liability of Pro

prietors

000,000

Agencies and Branches:

ALORSTAR

A MIUTSAB

KUCHINU

MAŠILA

How. Mr. J. J. Paleroa.

Clairment.

T. B. Pearce, Esq. Deputy Chairman.

K. Mr. W, H. Hell.

Chipton, Esq.

M. T. Johnson; Eng.

Miklo, Kaga

2. A. Plumnes, Maa. 1... B

J. 5. W.

V. M. Graybura, Boq

Chief Magere

www.

HUANGUER

LUNDIN LYONS

MALACUA

NEAR DROPS,

AMOY

HANG BOX

BATAVIA

BOMBAY

CALCUTIA

CANTON

CHEERU

COLONO

DAUKN

VIRCHOW

ITALPRYNG

BAME

BANKOW

HARBIN -

HONAREW

ILOILO

TPIS.

JOHORE

Kons

KOWLOON

KUALA LUMPUR

MANILA

SUNDAY

NEW YORK

PENANO

PRIVING

BANDCON

SATOON

HAN FRANCISCO

SELANGBAT

SINGAPORE

SOCHABAYA

MINUEI PATANI

TIESTAIN

TORTO

TSISHA

YOKOHAMA

Curren Accounts opened In Local Currency And and Itaponite received for can your or shorter perinda in Toent Currency and Sterling on terase which will be qunted on applies b Bong Kong, Bib April, 1932.

HONG KONG SAVINGS BANK.

The Blame of the above Bank le costumad by the HONG KONG AND SHANGHAT BANK

NG. CURPORATION. R1 may ka teisel

appilṛion:

THE HONDRONG AND RUAKUWA BESKIKO COMPORATION,

V. K. GRATBURG,

Quiet Marnger.

Bos, Kong, ayth February, 1932-

THE BANK OF CANTON, LTD.

Established 1912.

Head Office:Hong Kong. Autharinad Capital (II.K. Currancy), -11,000,000

1,100,000

Paid-up Capital

Rare Fund

BRANCHES :-

Canton, Shanghai, Bankow Wow, Bengkak, New York stul Sa Prania

LONDON BANKERS:

The Lloyd's Bank, Limits-1.- CORRESPONDENTA

In all principal elties of the World,

Poreign change and banking businem at

every danerlyting "Traumeted

Rale Deposit Boxes (various sinus) at a yearly

renial of fream to $40,

LOOK POONG SHAN.

Chief Manager.

THE BANK OF CHINA.

# 31 182

BANGKOK BATAVIA BONDAY CALCUTTA CANTON CAWNTOHE ГРЯН COLOMBO

DELUI HAIPHONG HAMDURO DANKOW ITÄRDEN

- HONG KOSA

- [201

FOR

KARACHI

BLANG

KOBE

NOALA LUMPUR

Foreign

MADIAN

MEDAN

NEW FORK

PEIPING (Psking?

PEXASO

RASODON

BARION

EMARANG SEIGRMDAN BANO HAI SINGAPORE

SITIAWAN

SOTRABAYA

- TAIPING L

TUENIREN

TONKAR Zake:

THINOVAO

YOKOHAMA

ZAMBOANGA

Exchange and

Banking business transactes.

General

Current Arcounts opened and Fix! ed Deposits received for one year or shorte periods at rates which will be! jquated no application.

•

A. 1. FERGUSON," Hang Kang. 8th July, 1932.

Manager.

THE CHINA

MAIL.

Commerce

Finance

and

FUTURE OF 'SILVER

INVOLVES WORLD

Various Views On Stabilisation.

THE NATIONAL COMMERCIAL & The question of silver is likely to

SAVINGS BANK, LTD.

Established 1921.

Authorized Capital Paid-up Capital

.$ 5,000,000. .$ 2,674,100

Reserve Fund

.4 210,000 Total Resources ......$18,500,000

HEAD OFFICE: 144-160, Des Voeux Road, Central, BRANCHES:

Canton Shanghai, Tientsin. Hankow Domestic Correspondents at ali prin

cipal Cities in China.

FOREIGN BANKERS: London: Midland Bank, Ltd. New York. Irving Trust Co.

San Francisco: Wells Fargo & Union Trust Co.

Bank,

Singapore:

transneted.

NEW YORK STOCK Hong Kong Bank $1040

EXCHANGE

4.0. F. C. Quotations.

New York, Yesterday.

Last To-day's Changen Aver, Aver.

(Lan. Reg.)...ha Chartered Bank h Mercantile Ok., A&B, 4]. ---

-3

¡Mar, 21, ga

WEDNESDAY, NOVEMBER 2, 1932,

HONG KONG STOCK EXCHANGE Opening Daily Official Quotations, 'Nov. 2, 1932. Next Settlement Day, Tuesday, November 29th, 1932.

Buy-Sell-Sale Nomin

Last dividend and when paid

STOCK

-ori что

Danka

inve

Doc. Intertra 43 30 188–917. *| jàng, 8, 32,

119)

Dea

lag

A/C ID....

Int, 71-Hub, to u̸Tax n/a 10 Sept. 32

-Doc. Intarirn 6% la I/Puzaji wa Sept. → 31

Deo.

# for lui.

Deo.

4.60

cria: gu

Dog,

300

1160 Dec.

4x+

Deo.

May 19, 33

May 27. 32

{May 27, 30

Mar, 30, 33

Deo.in. @1% bon.' 95 for 102,

Interim 188/ 1931

Final t

for 19301

Interim 94. 201

Doc.ons

Deo.

¿Flaat 3 bonus s

and for 101

tuteri #1 we tail

and bou

ennking #55 for 1010....................31*

10. Les +/+tiland for 1994.)... 10. Listen: for 1979....

¡12) ax. i on pretur

for 1924 and 1995-BEN Latvidend for it.

4|6/10) || Dec. | [ 1/5 Coupon No. 19

free lihax for 1931........

My coals for Qfi......

Bank of East Asia... (109 Amer, O. Fin, Corp.M... Ch. Fin, Cor. Ord. Th.

Pref,... Tu

01.

Insurances

$LEDO $605

be brought to the fore in coming months, writes a special correspon- dent of the Evening News.

30 Industrials 61.00 $0.22 .08, down Canton Ins. Although there is a wide diver-120 Rails 28.01 26.88 1.13 down Union as

20 Utilities..27.46 26.04 81 dawn China Underwriter...$ 9.85 gónce of opinion on the subject...

Messrs. E. A. Pierce & Co. Re-China Fire In authorities freely disagreeing-it jappears to be generally conceded port-In view of the action of tho

H., K, Fire Las, ... that if silver could be stabilised at market there is nothing to do ex-faseratioak Asser. Tiu, 4.16 a higher level than that ruling to

day, a very material step forward eit stand: aside, awaiting deve- would be taken in dispelling some lopments, Business

of the present world-wide indus-shares.

trial depression.

The purchasing power of count-j

Bankless millions in the East has been Air Reduction

Shipping

...: 500,000 Douglass

11. K, Steamboats ....5 Last To-day's Indo-China (Prel.) ...5} Price Price

seriously impaired during-recont Allied Chemical & Dye 73% Chinese Commercial years by the fluctuations and low American Can .... 52* -4914

price of this metal. If this could American Telegraph_ á be rectified very tangible resulta would be achieved.

FOREIGN EXCHANGE & BANK ING BUSINESS of every description Current and Savings Accounts open. ed and Fixed Deposits received on terms" which will be quoted on applica lun.

SAFE DEPOSIT BOXES THE BANK OF TAIWAN, LTD. let at a yearly rental from $6.00

(TAIWAN GINKO.)

HEAD OFFICE-Taipeh. Formosa.

Incorporated by Sperial Imperial

Charter, 1809.

V p

Cestini Bank in Fornces. dark-Noter med Avengs whaunt 5 PM DAGLIO

BRANCHES AND HENCLE

| PORNUSA ;~Brea,

JAPAN-Tokyo, Yokohama, Kobe, Cesku,

Kagi, Kan, Kedung, 31akong. Nanie, Sinebiku, Talelu Tamme, Tako, Tamel Toen, Hrile, Tile. [CHISÃ":—Shanghai, Inkow, Alley, Fohow,

Swatow, Canton.

Blogspory Subaya, OTHERS:-fong Kong,

Samarasig. Bateria, Tenbay, Coudon, New Yark, Dales.

LONDON BANKERS:

Barclays Bank, Ltd. Eduyda flak, Eld Midland Bank, Ltd., Westminer wk, 12d.

The Bank has Corespondenta in dl the prioripat Commerce Centres, throughout the world.

UONO XON BRANCH

K, NAGURA,

8. Los Veux tiond Central Hong Kong December 21, 1.

Manager

NEDERLANDSCHE HANDEL- MAATSCHAPPIJ, N.V.

(NETHERLANDS TRADING SOCIETYL

BANKERE,

Establlard R

Hong Kong Oftes:-11, Queen's Road Central.

Reorganised October 26, 1928, under Authorized Capital special charter of The National GovPaid-Up - Capital

arament A an

INTERNATIONAL EXCHANGE

BANK.

.f. 150,000,000

f. 90,030,000 20,015,000

Reserves

Eland Offen, --AMSTERDAM",

Castern Head Ofier :-BATAVIA.

.$25.000.000.00 Branches:-Bandjermelo, Bandoeng", "Burabay,"

Subscribed Capital

Patd-Up Capital

.$24,5 *200.00

$ 3,826,019.82

Reserve Funds

HEAD OFFICE: SHANGHAI.

HONG KONG BRANCH:

4 Queen's Road Central,

Zajok

Calcuta, Cheribou, Djember, jakarta, The Hague", 31dlah. Kal. Hahnasse Modas, Palezatang, Peka-

• longan. Penang, Ruegoon. Rollerdani*. decarnug", Phangbai, diugapore, Bosza- bady_roerskarte (Solo), Tegal, Tjintjap and Waliareslon®.

*These affiona bave Safe Deposit fintes to lol.

LONDON BANKERS--

NATIONAL PROVINCIAL BANK LID.

Correspondenta al vrne the world. – Banking Dual-

Owing to aur numerous branches in at avery description freed

China and large connections in the im-

A. STOKKINA.

Meneght.

world, we are able to extend to on ong Kong, 21st June, 1932.

portant commercial centres of the

ellents special facilities for domestic

and foreign banking and exchanges.

We also handle the issue of Bons

THE

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

Government both at home and

■hrond.

SHOU J. CHEN,

Manager

Hong Kong. 5th March, 1931,

THE YOKOHAMA SPECIE BANK, LIMITED.

Established 1880.

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

INC.

Head Ofiro:65, Broadway. New York.

Capital

Surplus Reserves

Aamatardato ABLEND Athena

.U.S.$6,000,000.00. .U.S.$1.837 332.04 .U.S.$1,458,116.73

BRANCHES:---

Lacos Giagom Havens Demoury Mar

Bala Herlia

Kion Naples Piraeus Paris Pasang

Head Ofce:-YOKOHAMA,

Filmerits Постому Bra

Inseriakan Jaruza!ato Lidy

fakior Falermo

Branches and Agencies at: Alexandria

Nagasaki Nagore Newchwang New York

Bala

London

Basson Arne

Lispo

Lurston

Lugano

Taxer

Mom

Osaka

Pazia

Batavia

Berlin

Bombay. Calcutta

Canton

Changchun

Dairen (Dalny)

Peiping

'Rangoon.

Fengtien (Mukden) Rio de Janeiro

Hamburg Bankow Farbin

HOPK KOBR

Honolulu Kat-Yuen Karachi

Kabe

London

Loe Angelan

Manila

SAR

Francisco

Shanghai

Shimonoseki

Singapore Soerabaya

Tokyo Tsingtau

Cairo Calcutia Cazion Colombo Comnianiloogle Monte Carlo

Copenhagen Kandla

Edinburgh

Florenom Genera

Munich Montreux

معالي

Rotterdam Fore Stamboul

Khadglas

Southampton

Atempors 61. Merit... Tiantais

Virons

Vanics Yakobaras Zurich

Branches of American Express Com- pany in Principal "eltius of United States of America and Canada.

All classes of Commercial Banking Transactions undertaken.

Personal

handled.

investment

The Company offers to intending Travellers the rise of its "Travellers Interest allowed on Current Ae. Cheques", and Latters of Credit and,

Dounta.

in addition, the world-wide services Deposits received for fixed periods of its thoroughly equipped Travel De- at rates to be obtained on application.partment.

|--H. MORI,

Hong Kong, 11th March, 1932.

Manager.

DUGGAN,

Manager.

to $22.50.

WONG KWOK-SHUEN.

Chief Mannger

Telephone

.103 [American Tobacco "8", 66%* Anaconda Copper Mining 87k

The dimeulty appears to be to de elde in what direction action should be taken. Some advocate bi-metal- Auburn lism, others the stabilising of all-Borden Company Iver at a fixed price, while yet Canadian Pácile third school of thought believes Chrysler Motors that if left to the natural laws of Consolidated supply and demand the position

"New York will in due course-right itself.

Drags, Inc. Du Pont de Nemours. 4

difficulties arise as to the level to

݂ܵܝ

!!!!!

(28)

ec.

June 19, 19

July 6, 3

Mar, 30, u

contrast png

June 30, 3

May ro, za

Mar. 13.30

Feb. 6, 32

Sep-22, 33

4% fra Tox Upon

Jur year Boeng

Oot. T. 0.50 for jer 1-10-29

2.10 Teoryan

$1.80

Deo. (Final7-ds for 13

1 making. D

10.40 Mar. Second int. . year 31-3-33

Juan

für 191 you............

Doo, as illekload for 1924emén

Mar. 10, 32

(Def.) ...5...

534

51% Shells (Bearer) }- 71%

Union Waterboats....$ 201

Mining

256%

100% Benguete

Kailan Mining Ad. - 65%%.

8%Langkan (Singk)...Th. 40% S'hai Explorations..Tla. Loans........... 254

Raub 13% 13% Venezuela Gold Fields $9.60 14% 181

Doc. Res. In

237-Jour

---

་་་

Benguer Exploracions 170

---

Doo.

Gas. of

Docks, Wharvos,

55%

Godowns, &c.

INDIA, LTD.

The stabilising of silver at A THE MERCANTILE BANK OF fixed price appears the most pro-Faatman Kodak

mising avenue to pursue, but here Electric Bond & Share. 24

51%

20 32. K. & W. Docks...5 South Ch. Motors (A) $ 494

("B")$ 2214 China Providenu (old) 34.88

H. K. & K. Wharves $

140

10.

Jana

...

[new] $

12.20

15 cents on aldi

cents on new

for 1935. Mar, 24, za

15%%

15%

Honghews............Tb.

284

12%

N. Engineerings...Th

Shanghai' Docks ...Tis.

96 $6.10 133,

1100, Interim Tonic 1919

Sept. 30.3

Doc...th for 1034.

Apr. T &tor yazı 21-6.32..

July 30,

17%

20%

8箱

| H. K. & 8, H. (old) 5 11.40.

(New)...

(11.10 Dec.

H. K. Lands...70

Doc. Interim: A 1932

.. 14% 0%

11% 36/ 26 13%

Shanghai Lands...

(Aug. 11, P

4+4

$243

Dea, Interim T. 0.50 / IRAZ

July 32, 32

Metropolitan Landi Th,'

189

140

Doc.

Chinese Estates..........$

China Realties.......

100 |21.40 |

Feb. (Final 6 making $4 Me Fear 19.Einun

Julying, a

224

China Debenturen... Tit.

81%

Cotton Milli

Ewo Cortons................ The ₤14.86'

14.85

Shanghai Coltone. Thx. [79

IRAD OFFICE:

Gmengharsh Shaust, Londonu. E.C.A.

Authorised Capitai....23,000,000 1,800,000 Subscribed Capital .... Paid-up Capital 1,050,000 Reserve Fund & Rest, 1,217,927

BANKEDS:

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

Flaupkal

Ipot

Penang

Batavia

Kandy

Bombay

Karachi

Part Louis

*Mauritian)

Calcutte

Kala Bharu

Rang

Culous be

Kuala Lipia

Shang

Deški

Huala Lumpur

Simia

041

Husz Ko

Madras

Howrah

Sew York"

Kantan (Pabang! supapara

Seuralagu.

HUNG EON 10HANCH, Evers description of Banking and Pacharge

Travelers Cheques formed.

Trustee and Executorships under.

taken.

INTEREST Ńllowed as Current Accounts Fixed Depodis as are that may be ascertained

J. B. ROSS,

1. Quaensed nutra

Managy Hong Kong, 7th April, 1932.

FULL OF FUN! A joy to everyone with his happy roguish ways and his sunny nature., Children who are well bring won- derful antisfaction and pleasure,

Parents who find difficulty in keeping their little ones free from ailments should try Baby's Own Tablet:

Most of the 'ills of babyhood and childhood commence in stomach or bowels.

But the gentle laxativé and stomach cleansing action of Baby's Own Tablets soon put these faults right.

safe They are pure, effective and for infantile indigestion and con- stipation, colic, flatulence, croup, colds, fevers, diarrhoea, worms and for the puins of the teething period. PARENTS CAN REPLY IMPLICITY ON BABY'S OWN TABLETS.

KING'S THEATRE Commencing Sunday, 6th Nov,

CHARLIE CHAN'S CHANCE

HED KIRKLAND,10

be selected. Certain American au. General Electric thorities advocate a level-of-48, per General Fosila, the General Motors ounce; which compares with

Gillette Safety present price of 18-9-16 pence.

While this might be desirable International Harvester 21 from certain points, of views, parti- | International Tel, & Tel. 94 cularly those of producers, it would Liggett & Myers "B" 501⁄4' appear certain that such a level Loow's Ine.

26% would inevitably lead to serious Montgomery Ward ...

..... 115 National Biscuit...... 38% over-production.

Those authorities who suggest Pacific Gas & Electric. 27%

Pennsylvania Railway stabilisation at 28, per ounce ap-

Radio Corporation pear to be propounding a more

Sears Roebuck feasible proposition. They con- Standard Oil Jersey tend that a fund of some 10 to 15. million pounds would ensure stabi- lisation at this level, and that it is quite as high as the position mer

its.

The problem is one of outstand- ing importance, and It will be in- teresting to see the progress that is made in its solution in coming months.

HOLLAND'S INDUSTRIES FAIR.

The 27th Industries Fair was held at Utrecht from 6th to 15th Septem-

ber and was characterised by the prevalence of an optimistic tone.

New Vacuum

Co. of

30% Corp.

.... 65

Union Carbide & Carbon 21. Union Pacifle. United States Stout... 36% Westinghouse E. & 3. ..264 Forty-cent basis. *Ex dividend.

Lands, Hotels &

Buildings.

Humphreys

6%H. K. Realtics $9,36 17 Asia Realties "A"...MS "B"...MS

RECOVERY OF 2ND HAND METAL.

Reduction In Production

From Scrap.

MARGIN OF PROFIT.

Zoung Sing... Th. 11.10] Wing On Texalle 5*hai

Public Utilitias

-AR

H. K. Tramway$92.10 Peak Trams (old ....... 161

(new)......$

Star Ferries............................

Yumati Ferries (old)

(new

"Chine Light (old).....

(Dew)......

***

H. K. Electrics limā Macao

78)

Interesting statistics in the Min-Sandakan Light ..........

་་

FTA

1:19

Mar. 832

x.fold) Vele{new) for 1st Mar, 18, 3

Bap. T. 1 your 3-9,310, 28, 32 Dec.1.80 o

1 couts on new for 201... Feb. 29. 32 Doc. Fin, eta mak, duets, for at Mar. 2, 33

Apr

incl.

1.Interim T 435 1012 Sept. 2, 32 and 7.3.1 for ħinti year 20-6-52. May 31, Inne T. 40 for year 201

་

Oct. 5,, 33

|Dot.

Laterton Bref, de 1912. jai on old

1.for year

Aug. 15, 33

| Apr.1159 cth an new!

June 4, 2

··Doo for 1991,

Feb. 132

Doo..75 for 107;..

¡Apr. 27, 32

17.46

bopt, 10 eta. for year 20631

Doa, $250 for 1931.

Dec. 31, 31

Ma. 28, 32

1.Dou.

Frae! None

Doc. Interte 10sy

Aug. 8, 32

Dea. 7.0.0 for isso.....

Feb. 25, 37,

(Pret.pl-

[7%, ón preference shutma

14- Sept. 1or year 30-0-31

(27)

Ioo, Pt. 4.69 (ar (98),

Pref...Ti..

Cements (com.) *** 18.80

(new).........

$10

Deo.

no fue faga

Mar. 4, 32

Apr. 29, 32

July |

25 penta for your A6-7-BÉ..

Oct. 19, 32

Dod. renta un new for 1951 ........

Mar. 35, 31

Apr.

J. Bate.bolets.ink @1for190)|

Deo.

Dea.

$1,76 for 10%

Mar. 2, 32

In all there were 1,053 partici-ing Magazine indicate one, of the H. K. Tel. (old).5)

(Dew)... pants, specified as follows:-Holland ways in which the base-metal in-

dustries tend to cure themselves of China Buses T (743), United States of America

the effects of a slump in demand S'poreTractions(Ord.μ/- (10), Belgium (8), Denmark (5), and prices. It appears that last

Industrials Germany (125),'Egypt (14), Eng-year the quantity of second-hand lund (35), France (24), Italy (55), nonferrous metals produced in the Malabon Sugar Norway (1), Austrin (23), Czecho- United States was as much as 21 Cald; Macg. Ord...Th..

per cent. less than in 1980. Slovakia (4). South

Secondary copper and remelted Cantos Los Sweden (4) and Switzerland-41). brass, although produced to the-ex- There were no exhibits. from tent of nearly 384,000 short tons, China, Japan, Siam and Hong Kong.showed a particularly heavy fall-H. K. Ropes

The 28th Industries Fair' will be fing-off from the 1930 aggregate of china Agriculturals ...$ held in 1938 from 14th March to almost 525,000 tons. Secondary tin 23rd March inclusive.

Africa (1),

***

and tin recovered as alloys, total- 'Stores, &c.

led 12,000 short tons in. 1931, as Dairy Farms' .......................... compared with 23,200 short tons in Watsons (vid) .....$

4 (new) 1930 and 30,600 long tone in 1929. The same thing occurred with lead, Der A Wings.....

Lane Crawfords Mackintosh masa It is clear that when trade la

Sinceres acutely depressed dealers in scrap Wm. Powells

RELIABLE PRINTING zinc, nickel and so forth.

no order

too small

THE NEWSPAPER ENTERPRISE LTD,

CHIKA MAIL #LDE,

"I WINDHAM Nr.

***

281

11.00

and secondary metal must suffer in Wing On (H.K...... 285 several ways. First, supplies will Miscellaneous

be less easy to obtain; secondly, H. K. Amanicat..... (Continued at foot of next Column.) S. C. Enterprises.$

| HONG KONG BENEVOLENT SOCIETY. JUMBLE SALE

Saturday, November 19th, 1932, 10.30 A.M.

CITY HALL

Gifts of Clothing and Household Goods gratefully received at above address on Mondays and Thursdays between 10.30 and 11.30 AM.

THE Am němu aut⠀⠀⠀⠀⠀

:: ༄8:aaརྦཱ "ཨྰཿཀྰ་ཨྰཿ་R་བྷ་སྐལ་ཚོ་

145 capta an oldĮ

Oct.) for year 11-10-02-Apr. 19, 33

(9 ota bous n'cta.] for you

June 8,31 making 50 ct. #bonant cte, for year 29.2.34 Apr. 28, 3 jet bonusži ate. | for year

making $1.80 / 29-2-12 May 17.32 rein, bonas Wjeta, į for vin

makng canta | 204.99 Apr. 21, 32

| $1,58 for year 1)-982.....................) Sept, 23, 35

50 esta fe 1931 Mar. 23, 32

***

5.00 Fob,

Feb.

8.85 Feb.

***

Mar.

Deo,

Deo.

...

Doo

Dec.

6.30

jacente on old t

for 1931,

Dec.cont

Apr. 5. #

+x+

H. K. Govt. Loans $11% PremX,Int... Wallace Harpers & Co. $

Internet hali yokely,

|10|

Jan. 2 for your 21-1-82.

May 11, 31

2⠀⠀⠀ moun

Ch. Enteralment ... 12

| United Theatres ...Th. Macao "Greyhounds" $ Constructions (old), '.....$ } `-..

(new)...$1.8025

|B. Ind. G$ Boadı ...$

China Sports Ltd. 13:

BRITAIN TO KEEP TRADE

WITH SOVIET.

(Continued from Page 1.)

Įsales will be more difficult to effect;¦ and, thirdly, there will be a vanish- ing margin between the profitable! solling price of their product and that of the first-hand metal. Costs of collection and treat-

Mr. Leslie Hore-Belisha; Fin- ment, cannot be greatly re-ancial Secretary of the Treasury, duced by the scrap dealers described the cluase as a shield, In the boom years we saw the not a spear against Russia, which other side of the shield. Whon

nation had received from Britain (prices for first-hand ecpper, in etc., better treatment than from any rose to an inordinate height, se-other country condary merchants came into their

"We paid cash for what we. own-and, incidentally, helped to bought from Russia and financed cause the subsequent severe re-what we sold to her," said Mr. lapse

1932-11-02 — Page 4

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Private Research Note