BANKS
HONG KONG AND SHANGHAI BANKING CORPORATION.
Kalhorised Capital
Emoed and Pully Fald-up openin 30,000,000
Das Funds
B: € 5,500,000 Bover30,000,000 Batarya Liability of Proprietors.....$20,000,000
HEAD OFFICE: DONGKONG,"
Kel. Mr. W. H. Bell,
A. 1. Compton, Reg
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA,
Incorporated by Royal Charter, 1858.
HEAD OFFICE: LONDON.
Pald-up Capital Reserve Fund
MADRAS
Hoa, Mr. J. 2. Paterson,
BA NOXDE
BATAVIA
DONDAY CALCUTTA OLYTON ONEROO COLOMBO
Chaleman,
T. E. Fourse, Tag.
Deputy Chairman,
Flamada, Kaq.
T. II. Bay, B4-
J. P. Wawa, Teg.
V. M. Genyburn, Esq.
.: Ohlat busugar.
BRANDVER1–
LONDON
LYONS
MALACCA
MUAB Johoes) KULDEN
NEW YORK
FELPING
PENAKO
BANQOON
BALOON
RAN FRANCISCO
AMRITSAR BANGKOK BATAVIA DOMDAY JALOUTTA CANTON OAWNPOSE CENG COLOMBO DELHI
[201
MEDAN
NEW YORK
PEHANO
BANDDON
HARBIN
THE CHINA MAIL.
THE HO HONG BANK, LTO.
(Established 1917.) '
HEAD OFFICE:-SINGAPORE LOCAL BRANCH:~~~
13, Queen's' Road Central
£3,000,000
Every description of Banking and £3,000,000 Exchange business transacted.
CHUA KEH HAI, .28,000,000
BALJON
SEMARANG
HAICHORG
.
BEREMBAN
HANHUBO
SHANGHAI
KANKIW
SINGAPURA
SITIAWAN
ПОНО КОХО
BOURADAYA
ILOILO
TAIPING.
TJENTSIN
TONORATE (Bhuket)
THIROTAO
YOKOHAMA
ZAKBUANGA
General
KARAONI
ZLAND
KOBA
KUALA LUMPUB
Foreign
Exchange and
Banking business transacted.
THE NATIONAL COMMERCIAL &
SAVINGS BANK, LTD. · Established 1921..
Authorized Capitel... 5,500,000
READ OFFICE:
144-150, Des Voeux Road, Central,
BRANCHES:
Canton, Shanghai, Tientsin, Hankow.
Domestic Correspondents at all prin-On India-
[cipal Cities in China,
FOREIGN BANKERS:
Commerce and Finance
NEW YORK STOCK EXCHANGE.
A. O. F. C. Quotations.
New York, Yesterday.
Last To-day's - Aver. Aver.
THURSDAY, DECEMBER 1, 1932.
DOLLAR AND SİLVER PRICES STEADY.
Pound Rallies After Heavy Drop!
FRADIO
-TO-DAY'S PROGRAMME.
The following prográmmo will. The local dollar and the spot and be broadcast to-day from the Hong forward prices of silver remained Kong Broadcasting Station Z.B.W. steady this morning, but the pound on a wavelength of 355 metras
rallied strongly.
The dollar opened at 1/4, while epot and forward silver was quoted;
(845 K.C's) :
5-8 pm-European Programme, 5:5.30 p.m.-Band Selections.
this morning at 17% and 17.15/16 Faithful and Bold (Rust) respectively.
The London on New York cross
The Happy Warrior (Kahl)
The Band of H. M. Royal Air Force
B2316.
Change rate quoted yesterday at 80 Industrials 68.77 56.35 2.42 down-G83.14% stands this morning. 20 Rails.....26.27 25.04 1.28 down at £G$3,19% while the New York March Lorraine (Ganne) 20 Utilities..26.70 20.08 .62 down on London rate. Is quoted at 40 Bonds....77.58 77.80
24 down
Messrs. E. A. Plozes & Co. Report: $3.20 8.5 against G$3.15%]
A further test of the market's yesterday.. position to-day indicated that de- finite or aggressive support was lacking.. We would not buy yot. Business done: 1,100,000 shares.
Last To-day's Price Price
COTTON AND STEEL CONSUMPTION UP.
Sign Of Turned Times In United States.
..
Le Guarde Republicane Band
B2907. Policeman's Holiday (Ewing). Wee Macgregor (Amers)
The Band of H. M. Coldstream Guards
B2924, Third Battalion March (Egerton) King's Guards' March (Keith):
The Band of H. M. Coldstream Guards
B1960.
Authorised Capital Strata $20,000,000 Paid-up Capital Issued Capital p
H
8,000,000
4,000,000
Reserve Liabilities
of
Shareholders
4,000,000
EXCHANGES.
BRANCHES and AGENCIES in the principal cities of the world.
TO-DAY'S QUOTATIONS.
BOARD OF DIRECTORA .-
Reserve Liability of Pro-
priators
Manager.
On London-
Agencies and Branchen:
T.T.
1/4
On demand
1/4
ALOR STAB
KUONING
4 months sight... 1/4
MAKILA
Credits 4 months'
sight
1/4%
PEITINO (Peking)
On New York-
On demand
211⁄4
Credits 60 dayı'
Paid-up Capital
..$ 2,574,100
Reserve Fund
Total Resources
210,000 ...$18,500,000
sight
20%
On Paris-
On demand
540.
Credits 4 months'
aight/..
580
Air Reduction
T.T.
88
524
51
Allied Chemical & Dye 78%
On demand
88
American Can
51%
|On Shanghai-
Americar Tal & Tel.
104%
7114 492 102/
On demand
76
American Tab. "B" 59%
56%
On Kobe→ ·
Anaconda Copper Mining
8%
Auburn
On demand
104
Commercial On Manila-
Borden Co
4122
814 99%%
23
2214
Canadian Pacific
12%
12
On demand
42%
Chrysler Motors
15
14
57%
Drugs, Inc.
Consolidated Gas of N.Y. 50%
55
88 44
32%
Du
Pont de Nemours. 35%%
reau at Washington,
34
Low Conrad and his Musketeers
Chrysler Motors
15
On demand
53
Eastman Kodak
51
14% 4914
Mr. George Sloan, president of
24026.
On demand
54
neral Electric
Electric Bond & Share
2016 18%
15
On Bangkok-
Foods
ການ
14%
23.24
General Motors
13
1234
On demand Sovereigns Bank buy-
139
Gillette Safety
174
17
per cent.
20%
ing rate
1/434 Bar Silver per oz. 17% Bar Silver in Hong
Tel. & Tel. 8
8
the
& Myers "B"
58
514
23.
12%
12
Kong
Copper Cash
Nominal Nominal
85
Pennsylvania Railway
Radio Corp.
13%
12%
8% pa.
Sears Roebuck.
184
17
Standard Oil Co. of N.J. 80%
20%
29%% dis.
Socony-Vacuum Corp,
son.
7%
2244
681⁄44
05 91%
24%
DAIREN
700CHOW
HAIPRONO
TAMBURD
HANKOW
ARISIN
HONGERW
HOITO
JODORE
ODB
KOWLOON
KUALA LUMPUR
BRANGHAI
BINGAPORE
ANDRADAYA
BUNGEI PATANI
TOITO
TERTAIN
THIHOTAO
YOKOHAMA
Our Account opened in Loòs! Ourrency Psd Depole cooled for one your or shorter periode in Local Currency and Sterling on lorna which will be quoted no application.
Hong, 5th April, 1997.
En
HONG KONG SAVINGS BANK.
The Bassani at the shira Denk is moodu
by the GUNG KOND AND BRANÜBAI BANK ING CORPOBATION; Bu'er may be adina
appletion.
FOR THE HONGKONG AND SHANGRA BANKEN DORPORATION.
V. M. GRATBURN,
Chial Kans
Wong Kong, xih February, 1933.
THE BANK OF CANTON, LTD.
Established 1912.
Head Office:-Hong Kong.
Authorized Capital (H.E. Qurrency) ...$11,500,000 Pal-Up Capital
Mowers. Fund ...
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.
Hong Kong, 17th November, 1932.
London: Midland Bank, Ltd. New York; Irving Trust Co. San Francisco: Wells Fargo Bank & Union Trust Co.
Bankgapore:
Ltd
Chineas
FOREIGN EXCHANGE & BANK-
ING BUSINESS of every description On Singapore- transacted.
On'demand Current and Savings Accounts open-On Batavia- ed and Fixed Deposita received on,
THE BANK OF TAIWAN, LTD. terms which will be quoted on applica On Saigon-
(TAIWAN GINKO.)
HEAD OFFICE-Taipeh, Formosa.
Incorporated by Special Imperial
Charter, 1899.
Central Bank in Formosa.
Baik-Nelos lawed Arkeses amount,
tion.
SAFE DEPOSIT BOXES
in let at a yearly rental from $5.00] to $22.50.
WONG KWOK-SHUEN.
Chief Manager.
BRANCURS AND AGENCIES: 0.00 LONDON STOCK MARKET STILL
JAPAN-Tokyo, Tokokama, Kobe, Oaks FORMOJA:-biran, Engi. Baranko, elung,
Makong, Hauso, Thinahiku, Taichu, Trigan, Takacy Tamen, Toes, Gallo, falto. CUINA --Shanghai, Binkow, Amoy, Pacchow,
Swatow, Canion OTORES-Ong Kong, Bingapors, Bourabaya, Semarang, Batavia, Bombay, London, Now York, Daires
LONDON BANKEN
Barclays Bank, Led.. Lloyds Bank, Ltd. Midland Bank, Ltd, Westminster Bank, Ltd.
The Bank has Corsepondents to all the principal Commercial Centres throughout the world.
E. NAGURA.
HONG KONG DRAXON: mamenn some 1,400,000
BRABOURA:-
Denton, Blasphel, Blaskow, Bangkok,
and San Fran
LONDON BANKERR :—
The Lloyd's flask, Limited, CORRESPONDENTS
Ta all principal ofiles of the World.
Foreign eitange and beaking bosiasm of
avery Lomoription trangssted.
sle Depot Boses (yectour sinsa) si a posriz
enial of from 5 to $40.
... LOOK POONG SHAN,
Chief Manager.
THE BANK OF CHINA. 47 17
Reorganised October 26, 1928; under† special charter of The National Gov. erument as an
INTERNATIONAL EXCHANGE
BANK.
Subscribed Capital
Paid-Up Capital
Reserve Funda
$25,000,000.00 .$24,7) 200.00 $3,820,03.82
HEAD OFFICE: SHANGHAL
HONG KONG BRANCH:
¿, 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.
D. De Vous Bond Central Hong Hong, December M. 1981.
Kesg
NEDERLANDSCHE HANDEL-
MAATSCHAPPIJ, N.V.
(NETHERLANDS TRADING SOCIETY);
DANKERS
Batablebad 183
Hong Kong Off-11, Queen's Hood, Cantat,
Authorized Capital Paid-Up Capit Reserves
1
HOLDING FIRM
(Continued from Page 1.)
In their report on yesterday's market, Mesars. Swan, Culbertson and Fritz stato that sentiment has improved, but that interest is chiefly centred In gilt-edged secur- ities.
Messrs. E. A. Pierce and Com- pany, referring to the New York market, advise dealers not to buy, They state that a further test of the market's position yesterday in- dicated that definite or aggressive support was lacking. The bust- ness of the day was 1,100,000 shares, double the business done on the two previous days.
Industrials valls, utilities and bonds all showed a 'downward trend, the first-named dropping 160,000,000 2.42 points to 56.35 and rails fall-
80,030,000
ing 1.28 to 25.04. Utilities and 20,025,000
bonds held up better, falling only .62 and 24. Utilities are now |quoted 26.08 and bonds 77.29.
Food Oca. -AMBTERDAM®. Eastern fload Uflow :~~BATAVIA.
Branches :—Bandjarmasti, Beadosag, Boobay,
Daloutte, Cheribon, Damber, Djok jakarta, The Hague, fiddah. Kobe, Makassar, Modan," Palambang,
Mr. and Mrs. Nightingale and
longan, Penang, Basgoon. Bittardant, daughter were among the passen-. Semarang, Bangkal, Singapore, Boeza-
and Weltevredsa",
Mir Bömrakarta (Solo), Tegal, Tillatlap 201s returning to the Colony on the s.s. Kaiser-I-Hind "yesterday. Mr. Nightingale, who is Headmaster of the Central British School, has been Home on leave.
* These stow have Sate Depoals Bizes to Let.
LONDON BANKEES
NATIONAL PROVINCIAL BANK LTD.
Corespondents all over the world. Ranking Boat man of ovary duroription transseted,
,-
A. STOKHINK,
Manager
Hong Kong, 21st June, 1932.
THE
We also handle the issue of Ronds AMERICAN EXPRESS COMPANY;
and other Public Funds of the Chin-
Be Government both at home and
abroad.
Hong Kong, 5th March, 1981.
ING.
SHOU J. CHEN,
Head Office: 65, Broadway.
Manager.
Now York,
Capital
-U.S.$8,000,000.00
THE YOKOHAMA SPECIE BANK,
Surplus
· LIMITED.
Reserves
Established 1880.
·Capital (fully paid-up) Ten 100,000,000 Reserve Fund
Yen 117,800,000
Head Ofleo: YOKOHAMA,
Branches and Agencies at:-
Alexandris
Batavia
Berlin
Harbin
Nagasaki Nagora Newchwang
Osaka...
. U.8.$1,883.332.04 U.8.41,458,116.78
BRANCHES
Azzalardam
Chison Olango
Berlin
· Colombo ` `--
Brit Bombay
Bruneia Bagnor Alzná Catro ∙Delortis Chanson
Copenhage Hainburgh
Ear
Hav Interlaken Jerusal
London
Pico
Peris
Prang
Priping
Palerma
Laseros
Karsailles Monte Carlo Manila: Volu
Blouse
Shaoghad
**Slagspoes
Thaldin
Jakokuara Erick
DEMON
COMBINED HEATER FAND COOKER.
Bombay
Calosita
Canton
Changchan
Daizon (Dalny)
New York
Paris
Rangoon
Pelping
Fengtian (Mukden). Rio de Janeiro
Hamburg
Hankow
Tong: Kong
Honokaila
KA-Fuen
Karach!
Kobe
Landon
San Francisco:
Beattle
Semarang
Bhangbal
Bingapore Sosrabaya
Fiercos
Monicex
·Branches of American Express Com- pany in Principal cities of United States of America and Carads.
AR clasasa of Commercial Banking Transactions" undertaken.
ersonal investment accou
handled.
The Company oners to intending Travelers, the use of ità: C#Travelies
Interest allows m Current A Choques and Letters of Credit and,
Diggin' addition, the {'world-wide "servicés Deposits received for fred periods of its thoroughly equipped Travel at rates to be obtained on:âpplication, jzánris
LIGHT IT LEAVE IT
Los Angeles
Manila
counța.
BydneyFan Tientain Tokro
Tsingtan
HEMORI
Manager.
Hong Kong Lith: March 193**
DUGGAN,
Hankret.
Copper Cents................... 1% prem. Rate of Native In-
tereat
Chinese Sub. Cola Hong Kong Sub. Coln Par..
LONDON EXCHANGES.
London. Yesterday.
Montreal Brussels Geneva
Copenhagen Oslo Vienna Progue Helsingfors Madrid Lisbon Athens
Internal Harvester 204
Loew's Inc.
Montgomery Ward National Biscuit
Pacific Gas & Electric
37.
20 1984
33 20.
Fresh signs of a turn for the
· 5.80-6 p.m.-A Relay of the first bettor In general trade activity in three items of the Concert from the the United States are reported, Helenn May Institute by courtesy Domastic mill consumption of cot of the Committee.
22 ton during August shows a large
6-6.20 p.m-Dance Selections,
increase over July, according to the All of A-Sudden monthly report of the Census Bu-If I Were Only Sure of You
the Cotton Textile Institute, Bays Night Shall Be Filled With Music that the August sales of cotton are If It Ain't Love
the "best in history," and the mills Leo Reisman and his Orchestra are stepping up operations by 25
Hello Gorgeous
24011.
Buddy Rogers and his Orchestra
6.20-7 p.m.--Instrumental.
Lint cotton consumed by mills in You Fascinate Ma
United States last month amounted to 402,000 bales, against 22% 278,000 in July and 425,000 in Au- gust, 1981. This brings the total 27% domestic mill consumption for the twelve months ended July 31 up to 5% 4,869,000 bales, compared with 5- 262,000 bales for the 1980-81 sea-
Union Carbide & Carbon 23% Union Pacific United States Steal... Westinghouse E. & M.
ex dividend. LONDON STOCK EXCHANGE. (Through Swan, Colbertson & Fritz.)
London, Yesterday. Sentiment has improved, but in- terest is chiefly centred in gilt- edged securities.
Burmah Oll. Anglo-Persian Oil Mexican Eagle Royal Dutch Conta
Mail Trust
Chemical
Last To-day's Prico Price 81/104 80/- 41/3 87/6
7/8 7/43% 218 $184 45/9 3467-
187 21/2 SAVA
?
Paris New York
81 11/16 3.19%
3.77% 28 1/32 16.60%
Amsterdam Milan Berlin..
7.94% 63
18.432
Stockholm
18.32%
.19.19%
19.45 27% Nom.
107%
227.
81% (?)
Tobacco
24/m
95/-
95/9
Guinness
79/0
80/6
.106
Distillers
53/6
5478
680
General Electric
40/-
40/-
545
Electric Musical In
28214
dustries
12/3
12/8
Turner & Newall
22/6
22/0
51⁄2 Nominal
lever
30/8
31/6
Nominal
3/744
6/7
1/6 18/64
Ford Motors
20/0
70/9
20/0
21/6
2176
1/9 7/16
Dunlop Rubber
18/104 19/9
Chartered
18/3
16/1
London Tin
8/9
8/9
·10/- 107-
10/4 10/- 10/-
Bucharest
Belgrade
Rio
Buenos Aires
Montevideo Bombay Shanghai.
Hong Kong
· Yokohama
Silver Spot
30 Nominal Woolworth
1/4 5/16
1/31⁄2
17%
Silver Forward ... 17 15/16
Burma Corp.
-British Wireless Serviceal
THE NEW SYSTEM
and
DEMON an entirely now patented system which makes its own- gas without pumping or pressure. Not just "blue-flamos" but a perfect, filter-V od gas flame. Intense heat without trace of fumes or smelli
ECONOMICAL burns 5-hours with each pint of keresine, and 16 hours at
· ABSOLUTELY SAFE — no need to watch the flames
TESTED AND APPROVED BY GOOD HOUSEKEEPING INSTITUTE, LONDON
"Wieler *}
Tin Bldg. Phono P4411,
catalogue-
gation
Baleyman
Nickel $124 $12%
$9%% Traction $124 $12
Hold-
1%
$14 "Shell" Transpart &
Trad. Ord. (Bear
inga
Courlands
-Stores
Everready
Pinchin Johnson
Pekin Syndicate
Stocks of cotton (exclusive of linters) in consumers' hands at Aug. 31 amounted to 1,090,000 bales, against 1,218,000 at July 81 and 840,000 a year ago, and in out- side warehouses to 6,647,000 bates, compared with 6,703,000 and 4,426- 000 respectively.
Then there is a further encour- aging rise in the country's weekly steel mill production to 15% per cent. of capacity.
BUMPER RICE CROP FOR CHINA,
Marketing Problem
For Merchants.
Piano Solo
Rocco (Palmgren)
Le Petit Ane Blanc (Ibert) Benno Maisetvitch
Violin Solo-e
24001.
E492.
Caprice in E. Flat Major (Wieni- awski-Kreisler)
Vocalise (Rachmaninoff-Press)
Mischa Elman
Piano Solo-
1864,
Variations on Themes from Car- 'men (Bizet Horowitz)
Mazurka in C. Sharp Minor (Cho- pin)
.. Valdimir Horowitz
'Cello Solo-
1827.
.......(a) Bonga My Mother Taught Me
Dvoraky
(b) Flight of the Bumble Bee
- (Rimsky-Korankow).
(e). Song Without Words in-
D (Mendelssohn)
Pablo Casals
7198.
Die Fledermaus Paraphase (Stra- USB-Godowski)
In view of the bumper crop Plano Solo- everywhere in China this year, a certain section of Chinese = rice merchants are worried over the
Benno Molselvitch
7257.
7 p.m.-Stock & Exchange Quo-
prospects of marketing their pro- duce, and fear the competition of imported rice. The, question of tations. imposing a tax on foreign rice has 18-8 p.m.--Variety, not yet been brought up before the Chu Chin Chow Vocal Gems
Columbia Light. Opera Company C2260. With Summer Coming
Waring's Pennsylvanians
Central Executive Committee whose sanction is necessary on such mát- tara.
It is doubted whether the author- itles will ever consider such a meas sure since the present price of Chinese rice is exceedingly low and further protection is hardly neces- sary. In order to facilitate the 29/0marketing of rice the authorities
48/9 48/0
Ton0/0 31/3.
29/7 28/116.28/mo 20/- 20/8 1/9 1/9
-Router.
SHARE MARKET.
The official summary of the Stock Exchange issued yesterday
The opening after the Settlement this morning was heralded by pres sure being again brought to bear on the lower-priced Issues, China Lights, Hotels and Cements suffer ing a set-back. Otherwise the vo luma of trading was limited in the extreme..
SALES
Union Insurances $5122 China Lights (Old) $14.60% Telephones (New) $26, Govt. Loans 2% Prem.
BUYERS. Underwriters $2. Douglascs 826, 1**** Union Waterboats 821- Raubs $10.60.
Venz: Goldfields 84.20. Providents (New) $1.85, Hong Kong Electrica $76. Macao Electrica 829, Telephones (New) $26. Entertainments $18 Constructions: (New) $1.40, Govt, Loans 25%% Prem. MASKS SELLERS" WAN Hong Kong Trams 321.10. China Lights (018) $14,60. "Hong Kong Electries 577, 1: Cementa (Combined) $12.95. Agriculturals $10. Wallace Harpers 310. – A
have recently lifted the interpro. vince rice embargo and have can- celled the rice tax.
GIANT AIR PORT FOR LONDON.
£5,000,000 Project At
King's Cross,
Reuter's Special Mail Service.)
London.
What Archibald Says Goes
Gracic Fields
24016.
B8592.
What Would You Do?
Maurice Chevalier Negro Spiri tual Medley
Jack Hyton & His Orchestra
Columbine's Garden.....
02287.
Walter Glynne
B3108.
Falling In Love Again
Gracie Fields
B3592.
Tell Me Why You Smile
Waring's Pennsylvanians
Oh! That Mitzil
Maurica Chevaller
24016.
B4178.
A huge air port to be built above The Girl Friend V, G, King's Cross Station, covering Columbia Light Opera Company Afteen acres and costing £5,000,000, 2002 S
le one of the projects featured at Thinkin' Of Mary (Bennat) the Building Trades Exhibition in Walter Glynne (Tenor), London
Supporters of the project declara Peggy Anae, Vocal Gems. that a special Bill will be intro- duced in Parliament in the autumn
in order that legislative authority
C1899:
B8106.
Columbia Light, Opera Company. 9 C1299. The Maid of The Mountains So
for Ita construction may be secured. Flections
If approved, work on the air port
will start at once, and King's Cross
The London Palladium: Orch.
C1881.
will become the biggest transport 8 pm Local Time & Weather centre in the world, for air, road, Report Etc. .
rall, underground and canal tran- -.8.3-11 p.m.-Chinese Studio Con- sport will all converge at this one cortadel
point,
99.30 p.m.-A Relay of the band Judging from a model which is of the 1st Biin. South Wales Bor- being exhibited, the air port, when derers by courtesy of Lieut. Col. G. viewed from the air, will resemble T. Raikes D. §L O. and Dficers, a stupendous concrete wheel, with 10,80 p.m.-Rugby Press Newas spokes branching out from the con- 11 pmClose Down. tro. Each of the "at " will be ⠀⠀ (All records in the above Euro- a landing track 200 ide, on-pean Recorded Programmes are abling seroplanga – to land - from kindly, supplied by Messrs. 9. Mor any direction according to the wind trie & Co.) -
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