1932-11-23 — Page 4

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION,

Authoriaid Capital $50,000,000 Isosed and Fully Paid-up 30,000,000 Beserve Funda juu

Bertiog 3,500,000

R10,000,000 Reserve Liability of Propelators #20,000,000

HEAD OFFICE, LONOKONO.

BOARD OF DIRECTORS—

Hon. Mr. J. J, Peterson,

Ohairman,

T. E. Pero, Kell Deply, Chairmas.

Ex Me. V. £t. Ball,

4. I. Complon, Baq.

Johdoo, Zag,

. Miskin, AR.

J. A. Marumar, Eng. T. I. SA, KAE.

3.12. Warna. Mag.

V. M. Omyboru, Eng. Chis! Manager.

BRANQUES-

BANOKOE

Mor

BATAVIA BOMBAY CALOUTTA CANTON CHEFOO

COLOMBO

FOODBOW

DAIREN

HAIPHONG

KAMBURG

HANKOW ELBBIN HONUKEW

ILOILO

IPOX

JOEOB2

ХОЛЕ

KOWLOON

KUALA LUMPUR

LONDON

LYONS

MALAQUA

·MANIAR

MUAR (Johor)

MURDEK

NEW YORK

PEINING

PENANG

RANGOON.

BALOON

SAN FRANCIBOU

GITANO MAI

BINGAPORE

HOURABAYA

RUNOEI PITAMI

TIENTBIN

TORYO

THINGTAO

YOKOHAMA

Current Accounts opeusé la Local Currency

and Piss Deposils received the vast or shorter periods in Local Curmoty and Sterling

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA,

www.

Incorporated by Royal Charter, 1853

HEAD OFFICE: LONDON.

THE HO HONG BANK, LTD.

'(Established 1917) |

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

'13, Queen's Road Central

Authorised Capital Straits $20,000,000 Issued Capital

8,000,000

Paid-up Capital ....

31

Н

4,000,000

Reserve Liabilities of ·

$,000,000

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

Every description of Banking and £3,000,000 £8,000,000 Exchange business transactos

CHUA KEH HAI, £3,000,000

Paid-up Capital Reserva Fand Reserve Liability of Pro-

priators

Agencies and Branches:

ALOB STAR

AMRITSAR

KVOTING

BANGKOK

MADRAS

MAKILA

BATAVIA BOMBAY CALOUTTA

CANTON CAWNFORE ÖZBE COLOMBO DELIT

HAIPHONG

HAMBURG. HANKOW ITARSIN HONG

Pors

Hono TPOR

KARACHI

LANG

KOBE

KUALA LUMPUR

Farsign

MEDAN

NEW YORK

FEIFING (Peking) FEHANO

BANGOON

BAIDUN

BEMAHANO

SEREMBAN

BHANGWAI

SINGAPORE

SITIAWAN

SOURADAYA

TAIPING

TIENTSIN

TONOKAH (Bhuket)

THIKOTAO

ZAMBOANGA

ТОКОНАМА

Exchange

and General

Banking business transacted..

Manager.

THE NATIONAL COMMERCIAL & SAVINGS BANK, LTD.

•

Established 1921.

Authorized Capital 5,000,000 Paid-up Capital ..$ 2,574,100 Reserve Fund

...$ 210,000 Total Resources.....#18,500,000 HEAD OFFICE: 144-150, Des Voeux Road, Central, BRANCHES: Canton, Shanghai, Tlentain, . Hankew.. Domestle Correspondents at all prin-. cipal Cities in China.

FOREIGN BANKERS: London: Midland Bank, Ltd. New York: Irving Trust Co. San Francisco: Wells Fargo Bank,

Union Trust Co.

Singapore: Chinese Commercial Bank, Ltd.

Current Accounts opened and Fix-& ed Deposits received for one year or shorter periods at 'rates which will be quoted on application.

A. BREARLEY,

Manager.

FOREIGN EXCHANGE & BANK- ING BUSINESS of every description transacted.

Current and Savings Accounts open-] Hong Kong, 17th November, 1932.ed and Fixed Deposits received on terms which will be quoted on applica- tion.

sets barras which will be quoted as Applica. THE BANK OF TAIWAN, LTD.

Mong Kong, Bih áprif; 1907.-

HONG KONG SAVINGS BANK.

Kho Buksan of the abora Bank la'conducted by tha HONG KONG AND BHANGHAI DANK- 18 CORPORATION. Balso may be ebied

FOR TUS HONGKONG AND BUANGHAI BAKKIEN DORPORATION.

V. M. GRATBURN,

Chad Masagot. Hong Kong, 17th February, 1937.

THE BANK OF CANTON, LTD.

Established 1812.

Head Ofice-Hong Kong. Authorized Capital (H,K. Currency) -$17,000,000 Feld Up Ospital contras Reserve Fund 1,100,000

BRANCHER-

danion, Shanghai, Haskey, Ewalow, Bangkok. Now Yock and San Francisco.

LONDON BANKEOS:---

The Lloyd's Bank, Liliad. CONRESPONDENTS

In all principal alise of the World.

Foreign subangs and backing bloom at

every description "transacted.

Safe Deposit Borsa (various sitve) at a pourly

ressal of from 35 sa 945.-

LOOK "POONG KHAN,

Chlef Manager.

THE BANK OF CHINA. 行銀國中

Reorganised October 26, 1928, under

*pecial charter of The National Gov- ernment as AD

INTERNATIONAL EXCHANGE

BANK.

Subscribed Capital

Paid-Up Capital

Beserve Funda

.$25,000,000.00 .$24,7) 200.00 .8,820,08.82

HEAD OFFICE: SHANGHAI.

BONG 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.

We also handle the lasus of Bonds and other Public Funds of the Chine 666 Government both at home and abroad.

SHOU J. CHEN,

Hong Kong, Uth March, 1931.

(TAIWAN GINKO.)

HEAD OFFICE:-Talpet, Formosa..

Incorporated by Special Imperial Charter, 1899.

Central Bank in Fort. 45,000,000 Banir-Hotes lamed Average amount

BRANCHES AND AGENCIES JAPAN Tokyo, Yeklama, Kobe. Deak. FORMOSA —Gigo, Eagl „Kartoko, Esslang, Makong, Nanto, Blesbike, Taichu, Tainan, Takao, Temoul, Toan, Hello, Saito

Aoy, Fooch.ow,· CHINA:-boughal, Hanim,

Sualow. Cantons. OTHXES

Bingapore

Boarabaya, Semarang, Batavia, Dombay, Londen. Now Tork, Dairen

LONDON BANKERS,

Barclays Bank, Ltd., Loyds Bank, Ltd. Midland lank, Ltd, Westminster Bash, Ind.

The Bank bas Dorrespondante in all the principal Commercial Centree throughout the world. K. NAGURA,

KONG KONG BRANCH:

..Manager

8. Des Taur Hload Central, Hong Kong, December 54, 1981,

NEDERLANDSCHE HANDEL- MAATSCHAPPIJ, N.V.

(NETHERLANDS THADING SOCIETY)

BANKERS.

Established (824

Hong Kong Off-11, Groen's Blood Centrst

Authorized Capital Pald-Up Capital ........ 80,080,000) Reserves

.f.. 20,015,000

1..150,000,000

Hand OMMA-AKSTÉRDAN".

Saaten Band :-BATAVIA.

· Brazokes 1–Randjarmasin, Bandung, Bombay, Calcula Charbon, Djember, Djok Įskarta", The Hagus, Jiddah. Kobe, Kakassar, Medan, Palembang, Paz. Longue, Panang Bangoon, Haitardam”, Bemarang", Shanghai, Singapors, Boar Dale Bowralaris (Solo), Tegal, Tjat[10] and Waliorredes".

* Tham clone bave Sale Depozit Boxes to Lab

LONDON BANKERS;—

NATIONAL PROVINCIAL BANK LID,

Correspondant all was the world, Banking Boal- sass of 'every description 'immosscted.

A. STOKKIKE,

| Manapse.

Hong Kong, 21st June, 1982

THR

AMERICAN EXPRESS COMPANY,

INC.

Head Office:65, Broadway. New York.

Manager.

Capital

Surplus

Reserves

THE YOKOHAMA SPECIE BANK, LIMITED.

Established 2880,

Amatorlar Auktory

Capital (fully paid-up) Yan 100,000,000 101 Reserva Fund ......Yen 117,300,000

Head Office:-YOKOHAMA.

Branchen and Agencies at: Alexandria Batavia

Nagasaki

Bombay

Calcutta

Newchwang New York

Osaka

Canton

Changchun

Dairen: (Dalny) Rangoon Fengtien (Maiden) Rio de Janeiro Hamburg

San Francisco Seattle „Bemarang Shangha

Hankow

Four Four

Honolulu Kal-Yuen Kerschl

Kobe

London

baya Sydney

Fiontain Tokyo Tsingtan Interest allowed on Current Ad-

Los Angeles Kanila

Coombs.

Finerie

Breton

.U.S.$6,000,000.00 0.8.$1,833-352.04

U.S.$1,458,115.78

BRANCHES :-

SAFE DEPOSIT BOXES

to let at a yearly rental from $8.00 to $22,50.

WONG KWOK-SHUEN.

Chief Manager.

THE MERCANTILE BANK OF INDIA, LTD,

HEAD OFFICE:

15, Grasscharch Blust, Louisu, E.0.8.

Authorised Capital

..28,000,000

Subscribed Capital..... 1,800,000 Paid-up Capital Reserve Fund & Rest

DANEERS:

1,050,000

1,217,027

The Bank of England & Midland Bank, Zyl.

BLANCHES:

Bangkok

Ipol

Belari

Kandy

Bombay

Kurschi

Calcutta

Kola Dhara

Colombo

Kuala Liple

Dalhi

Kuala Lumpur

Galle

Howrah

New York

Pasang

Port Loule

(Maurities! Kangoon Shanghal

قاهرة

Kuantan (Pahang) Angapore Madras

Sarabeys

HONG KONG DRANCH.

Every daneripilem of Banking and Exchangs beri mass transacted,

Traveller Obequse larued.

Trustee and Exocutorships under takon.

INTEREST allowed in Current Accounts, and Fixed Deposita at Eaton that may da azcurtalsad DE application

J.-B. ROSS,

Managaz 7, Quesa's Flood Control,

Hong Kong, 7th April, 1932.

THE

CHINA MAIL.

SHARE MARKET.

and

Commerce

Finance

LONDON STOCK EXCHANGE.

(Through Swan, Culbertson & Fritz.) The official summary of the |

London, Yesterday. Stock Exchange issued yesterday:-

The market for gilt-edged secur- Cements and Lights continued to ities rallied sharply. Otherwise be under pressure this morning, the market has been dull. the former being sold as low as $12.60 December, and the latter

Burma Oll for $14.60 to $14 cash, and at in- Anglo-Persian Oil tervoning rates for December, the Mexican Engle ..... turnover being very targo, especial. Royal Dutch

Coats ly in Lights. In the afternoon, however, both of these issues made

Mall Trust

a recovery, Lights moving

up toolcat

$14,60 cash and Cements to $124 Guinness cash, both buyers:

Sales.

Bonguet Explorations 28 centa. Hotel (Old) $10.90. Ewo Cottona Tla, 14.80. China Lights (Old) $14/14.60.

Cements (Combined)

12,80,

Cements (Old) $10%. Cements (New) $2.15. Dairy Farms $282.

Buyers.

Canton Insurances $1250. Underwriters' $2,80.

$12%/

International Assce, Tis, 4.20. Douglases $26.

Union Waterboats $21. Raubs $10.

Venz: Goldfields 84.20. Benguet Explorations 23 cents. Providents (Old) $43⁄41⁄4%. · Hotels (Old) $10.90. Ewo Cottons Tla, 14.70. Shanghai Cottons Tis. 75. Zoong Sings Tis. 112. Peak Trams (New) $8. China Lights (Old) $14%1⁄2. China Lights (New) $14, H. K. Electrica $78. Macao Electrics $29. Cements (Combined) $12.70. Cements (New) $2.15. Dairy Farms $28. Entertainments $12. Constructions (New) $1.85. B. Ind. G$ Bonds 89%.. Govt. Loans 21⁄2%. Sellers.

Hong Kong Banks $1660. H. K. Realties $9.20. Ewo Cottons Tls. 14: Yaumati Ferries (Old) $95. Yaumati Ferries (New) $3414. H. K. Electrics $78. - Telephones (New). 827, Agriculturals- $10. Wallace Harpers $10.

On London-

T.T.

WEDNESDAY, NOVEMBER 23, 1932.

NEW YORK STOCK

EXCHANGE.

A. O. F. C. Quotations.

New York, Yesterday..

Aver.

Last To-day's Changes

Aver.

GS.10

.49 down

.01 down

80 Industriala 63.65

.03 down

20 Rails...::.27.90 27.80 20 Utities..28.3828.35 40 Bonds....78.20 78.11 .00 down

Messrs. E. "A. Pierce & Co. Re port: The market is virtually motionless with only few stocke having any sponsorship. Traders may buy if any hopeful news de- velops at the War Debt Conference to-day. Business done: 600,000 shares.

Last To-day's Prics Price

65

EXCHANGES.

TO-DAY'S QUOTATIONS.

1/41⁄4

On demand

1/44

4 months' sight

1/436.

Credits 4 months'

sight

1/5%

On New York-

On demand

22k

Credits 60 days'

sight

23

Last

To-day's

On Paris

Price

Price

On demand

566

*04/4% 03/9 .. 46/3

Credits 4 months'

£18

1744%

40/3 7/8

sight

605

On India-

46/3 38/~*

46/6

T.T.

89%

08/-

On demand

89%

$

23/14 23/8

On Shanghai---

Tobacco

93/0

95/-

Air Reduction 56

67

On demand

80/0 79/6

75%

Allied Chemical & Dyo 79

794

Distillers

53/-

53/-

On Kobe-

American Can

........ 554

547%

General Electric

40/

40/-

On demand

309

American Telegraph &

Electric Musical. In-

On Manila

dustries...

12/3

12/1

On demand

44%

Turner & Newall

Telephone........ 108% American Tobacco "g""

កូន Anaconda Copper Mining 9%

108%

8%

24/-

20/3

Unilever

82/8*

$2/-

On Singapore-

4534

46

Vickers

6/7 6/7

Ond emand

584

anvien

Company

254 213

Woolworth

67%-

67/-

On Batavia-

Canadian Pacific

14

13%

Ford Motors

22/5

On demand

Chrysler Motors

10%

10%

56

Consolidated Gas of

.13173

131/3

On Salgon-

New

York

58%

126/3

Chartered

Ond emand

16/4% 16/8

50%

Drugs, Inc.

3444

34%

0/- 9/-

On Bangkok-

Du Pont de Nemours

37%

37

10/4% 10/3

On demand

Eastman Kodak

187

54%2

64%

Electric Bond & Share

22%

10/0

10/0

Sovereigns Bank buy-

$12

trenera pie

General Electric

16% 10

ing rate

1/5

Generat

Foods

25%

2414

$9%%

$123

Bar Sliver per oz... 18%

General Motors

13

18 to

International

Hold-

Bar Silver, lou Hong

ings***

1%

$1%

Kong

Nominal

"Shell" Transport &

Copper Cash

Nominal

56

Trad. Ord. (Bear-

.

Copper Conta

1% prem

20% 25

er)..

48/9

.48/0

55/$

55/6

Rate of Native In-

18% 14

81/0 81/6

terest

8% p.a.

National Biscuit

40

Тем

Chinese Sub. Coin

2914% dis

Pacific Gas & Electric,

28%

20/0. 20/0 28/0 25/7 27/8 27/8 -1/0 1/9

--Reuter

Hong Kong Sub. Coin Pat

Pennsylvania Railway, 14%

20% 14

Radio Corporation

A

Sears Roebuck

London, Yesterday.

Standard Oll Co. of

New Jersey Socony-Vacuum Corp..

20%

20%

31%

8

31.

8%

Paris

83 11/16

New York

3.27

3.78.

23.60%

17.00%

8.14%1⁄2

63 15/16

Crown Mines Sub Nigel

Chart

London Tin

Burma Corp.

Anglo-Dutch

International Nickel $13

Hydro-Electric.89%

Brazilian Traction .$13

Thomas Tilling Courtaulds

International

Storas Everready Pinchin. Johnson Pekin Syndicate

ex dividend.

125/74

DOLLAR STEADY AS POUND LAGS.

Silver Advance By Fractional Amount,

The local dollar is steady, being quoted at 1/4% this morning.

Spot silver gained 1/16". rising from 18 1/16 yesterday to 18% this morning, while the forward · Fate advanced 1/16 rising to 184.

The London on New York cross rate dropped to $G$3.27 compared with G88.272 yesterday and the New York on "London rate, which was quoted at £G$3.27-1/16, dropped to 2-G38,27.

CHRISTMAS GREETINGS

FROM YOU

TO THOSE ABOUT WHOM

YOU ARE CONCERNED,

LONDON EXCHANGES.

Montreal

Brussela

Geneva Amsterdam

Milan Berlin Stockholm Copenhagen Oslo

Vienna

Prague Helsingfors Madrid

Lisbon

Athens Belgrade

Rio Bucharest Buenos Aires Montevideo

13.76

18.80

19 7/32 19 9/16 ... 28 Nominal

1101⁄2 220%

40 1/16

108

580

2421 51⁄2 Nom.

555. Nominal

30 Nominal 1/6 18/92

Bombay

Shanghai

1/9

Hong Kong

1/4

Yokohama

1/3

Silver Spot

18%

Silver Forward

*** 184

Read Consols ..

22% in

Gillette

Safety

International Harvester 82% International Tel. & Tel. 9

sign

Liggett & Myers -50%

Loew's Inc. Ward

Montgomery

58

Union Carbide & Carbon 255 25% Union Pacific

71 71% United States Steel 35% 25% Westinghouse E. & M.. 28% 20 PREMIER URGES 'BACK TO LAND' POLICY AT HOME.

(Continued from Page 1.) pect, there would still be a large residuum of unemployed.

It was, therefore, not a question of temporary relief. They were continuing to work out schemes with the departments concerned and the help of outside bodies, lis added. The revival of agriculture was essential to these plans, much farger.percentage of people, must be put In direct contact with the land. than had been the case during the development of the factory · sys- tems.

Regarding the foreign outlook, the Premier said the World Economic Conference was finding some obstacles in its way... The British Government would continue. par./meeting.

to press for its earliest possible

-British Wireless Service

On disarmament, he would say no- thing beyond what the Foreign A Chinese mess boy, of the Secretary had said in presenting the Officers' Meas, Wellington Bar- British proposals, except that the. racks, was sent to the Government whole House would almost un Civil Hospital yesterday, for treat-animously support im in expressing ment, after being bitten by a dog the complete confidence in their re- owned by Master Gunner Bailey, presentation in Geneva by Sir John R.A.

Simon--British Wireless Service.

Hongkong Hotel

REMINDER

A CARD

EXPRESSING GREETINGS

OF THE SEASON.

FROM SINCERE'S

Naples

Parla

Pusteg

QUANTITIES OF CARDS

CAN BE OBTAINED

SPECIAL

NIGHTS

23-11-32

AT PRICES

1 Falanas

Batterda

Bome

Bamboo?

Shangha Bosto

Choos Cilago

•Karson Kempiry Даути Interlaken Jusalam Fido Bromela

Loudon Ethior Alcon " Everpool Ostro

Lucina

Canned Colabo Macrolling Ostatantinopla Menin Garla

Manila...

Vianz Blabergh (0), Kuntok Vi Vanlon Took

Takokema GIDSTE

MSTAM

Zurich Branches of American Express Com- pany in Principal cities of United States of Amaries and Canada.

Singapore

B Malle Tiantais

---All classes of Commercial Banking Transactions undertaken

Persona10- Investment accounta handled.

The Company offers to Inteling Travellors; the use of its “Travellers Cheques" and Letters of Credit: and, In addition, the world-wide services

Deposits received for fred periods of its thoroughly equipped Travel De

at rates to be obtaine

HEMORI

Hong Kong 11th March, 1938.

bartment.

DUGGAN

QUITE WITHIN MOST

MODEST REASON.

WITH

GRILL ROOM

DINNER DANCE TO-NIGHT

THURSDAY

24th

NOVEMBER

SPECIAL

Fred Pierce

FAVOURITE

ENTERTAINER

THANKS

GIVING

DAY

DINNER

DANCING

VANDARA

"THE REVELLERS”

- DANCE" ORCHESTRA

THE

Table Reservations Phone 30281.

HONG KONG & SHANGHAI:

HOTELS