1932-12-31 — Page 4

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION.

الصالحين الداخلية

$50,000,000

Istood and Pally Pall-up. 30,400,000 Satorre Funds —

Berg 4,500,000

10.000,00

vostra Edability of Proprisides ---$20,008,900

EBAD OFFICE: HONOXONO,

BOARD OF DIRECTORS 1–

Ese. Mr. J. J. Paterson, Chairman.

T. E. Passos, Eng. Daputy Chairman.

Xam, Mɛ. W. Li, Bell. a. Campion, E M. Johnson, Beq „A. Miskia, Eag

·BANGKOK

BATAVIA

BOMBAY JALOUTTA ΠΑΝΤΟΝ CHEFOO DOLAN BO

OAREN FODOBOW BAIPING BAMBUNGA HANRULY SARDIN

BONGRES

ILOILO

IPULI

JOHORR

KOAR

KOWLOON

J. A Plummer, Kar

1. I. Bhaw, Ex.

J. P. Warren, Ric

V. M. Gangburn, Brg. Chiat intaget.

TOLANCHES-

KUALA LUMPUR

LONDON

LYDSS

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA,

incorporated by Royal Charter, 1859.

HEAD OFFICE: LONDON,

Paid-up Capital Reserve Fund

THE HO HONG BANK, LTO, (Established 1917.)

HEAD OFFICE:-SINGAPORE LOCAL BRANCH:-

13, Queen's Road Contral

Authorised Capital Straits $20.000,000

fasued Capital ...

Paid-up Capital

8,000,000

4,000,00

THE CHINA MAIL.

SHARE MARKET.

and

Commerce

Finance

Reserve Liabilities of

Shareholders

4,000,000 BRANCHES and AGENCIES in the The official summary of the £8,000,000 .£3,000,000 principal cities of the world.

Stack Exchange Weekly Report Every description of Banking and issued yesterday:- ..£3,000,000 | Exchange business transacted,

CHUA KEH HAI,

Reserve Liability of Pro-

pristors

Agencies and Branches:

ALOR STAN

AMRITRAB BANGKOK BATAVIA BOMBAT CALCUTTA OANTON

DAWNIORK DELO COLOMBO DELMI

CAIPHONG

TEA MASUKKA

HANKOW

STARDIN

HONG KONO

MALACCA

MINILA

MAR (Jokoa)

IPOLI

WURDEN

NEW YORK

PEIPING

PENANG

BANDOON

BAIDON

BHANGHAL

HAS PRANCIECO

HINGAPORE

HOURABAYA

SUNGEI PATANI

TIENTUIN

TOKYO

THINOT 40

YOKOHAMA

Current Account operad in Local Curre

and Fixed Deposite recelead for on 3 o shorter perioda in soal Currening and Parking -ma terme which will be quoted on application.

ne Kong, th April, 1982.

HONG KONG SAVINGS BANK.

The Bains of the shore Beak le conductor by the HONG KONG AND HANDRAI BANK- 10. CORPORATION, Bes may be ubtalaad

applicatira.

FOR THE HONGLONG AND SHANGHAI BANKING COMPORATION.

V. M. OKAYHUEN,

Chist Manager.

Hoy Kong, 27th February, 1931,

THE BANK OF CANTON, LTD.

Established 1912.

Head Office:--Hong Kong,

Authorised Capital (II.H. Corrency) ...$11,000,000

Pad-Up Capitals

Barve Fund ...............

BRANCHES

dam

EUCHINO

HADBAS MARILA MEDAN

NEW YOUR

་

'PEIFING (Paking)

PENANO

ВАНДОЛИ

HATOON

HEMAHANG

SEREMBAN

БНАХОНА!

SINGAPORR

SITIAWAN

SQUBADAYA"

ILOILO

TAIPIHA

TIENTSIN

KARACHI

TOROKAI 43huket)

KLANG

THINGTAO

KODE

TOXOBAMA

KUALA LUMrun

ZAMBOANA

Foreign

Exchange

and

General

Banking business transacted.

Current Accounta opened and Fix

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

A. BREARLEY,

Manager.

Hong Kong, 17th Novembor, 1932.

Manager.

THE NATIONAL COMMERCIAL & SAVINGS BANK, LTD.

Established 1921.

Authorized Capital...$ 5,000,000

Paid-up Capital

Reserve Fund

Total Resources

.$ 2.574,100

.8 210,000 ..$18,500,000

HEAD OFFICE: 144-150, Des Voeux Road, Central, BRANCHES:

Canton, Shanghai, Tientsis, Hankow. Domestic Correspondents at 'all prin- cipal Cities in China.

SHARE MARKET.

・Weekly Reports by Brokers.

SATURDAY, DECEMBER 31, 1932,

EXCHANGES.

TO-DAY'S QUOTATIONS.

On London.

T.T.

1/3

On demand

1/3'

4 months' aight

1/3%

Credits 4 months'

sight

1/8%

On New York—

On demand

20

Credits 60 days'

sight

217%

On Paris-

On demand

530

Credits 4 months*

sight

670

On India-

82%

82

7634

99

41%

53%

61%

53

1481⁄2

1/84

... 16 7/16

Owing to the intervening holi-

When business reopened after days, the present Weekly Summary necessarily covers only one half of the Christmas holidays a very the past week.

strong, demand set in for all stocksį Nevertheless, even in that short which created quite a mild boom, period, markets were subjected to Lights for instance Jumped to T.T. wide fluctuations.

$16.75 ut one time, Cement $10.50) On demand On the opening day (Wednes- cush and $10.75 | January, Hotels On Shanghai- day), a determined rush was made $10.90 cash and $11.10 January, On demand by buyers for the apeculative Realties $8.80 cash and 39.10 Janu-On Kobe issues, pushing up Lights to as ary. In the investment section On demand high as $16%, Hotels $11, Cements Trama came up to $20.60, Electrics On Manila- $10% and Realties $8.90, these recovered to $764, Lands $76 and On demand rates being the highest recorded Wharves $143. Humphreys were On Singapore—. for the week.

also in strong demand at $15.25.) On demand Since then, some profit-taking The sterling section was firm owing On Batavia- ensued, and prices gave way sub- to a sudden drop in the official ex- On demand stantially, Lighta being forced change, rate to 1/2, 7/8, Banks ris-On Saigon- back to $16%. Hotels". to $10%, ing to $1,700, and Unions to $560. On demand Realties to $8, and Cements to $10. The whole market was exceedingly On Bangkok- after which there has been some active throughout the 3 days trad- On demand Commercial recovery in Lights and Hotels. ing and fluctuations were consider-Sovereigns Bank buy-

Throughout the period, the in- able, prices changing one FOREIGN EXCHANGE & BANK-vestment section remained steady to points in a matter of a few hours, Bar Silver per oz.

ing rate ING BUSINESS of every description transacted..

strong.

and although the market closes Bar Silver in Hong Generally, the closing tone is somewhat lower than the highest Kong irregular.

there is undoubtedly a bullish Copper Cash The Members of the Stock Ex- feeling behind the market and there Copper Cents change take this opportunity of will no doubt be many more rapid Rate of Native wishing their clientele, and also changes between now and next? terest your readers in general, a Happy settlement account on the 23rd Chinese Sub. Coin .. 3034% dis.. and Prosperous New Year.

proximo. The closing tone of the Hong Kong Sub. Cain, Par. BUSINESS DONE DURING

market is steady and more encour-) aging than has been the case for sometime past.

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

&

San Francisco: Wells Fargo Bank

Union Trust Co.

Singapore: Chinese Bank, Ltd.

Current and Savings Accounts open-] ed and Fixed Deposita received on THE BANK OF TAIWAN, LTD. torma which will be quoted on applica-

(TAIWAN GINKO.)

HEAD OFFICE:-Taipeh, Formosa.

Incorporated by Special Imperial Charter, 1899.

Central Bauk to Formors. Bank-Holes (moed Arengu amante. 15,000,000

BRANCHES AND AGENCJEN JAPAN (Tokyo, Tokohama, Kobe, Quake.

Kalung Karenko, PODMOBA: Viru,

Yahoo Nanto, Balachlan, Taich, Talan, Takao, Tamas, Toon, Hesta, Zuito, GMINA:-Blogai, Hankow, Amoy. Foochow

Swalow, Canson. OTHER-Dong Kong Bingsport, Roerabajo, Bamarang, Datarle, Bombay, Londen, Nes York, Dalrea.

LONDON BANKERS:

Barclays Bank, Ltd., Lloyds Bank, Ltd. Midland Bank, Li, Westminster Bank, Ltd.

The Bank has Correspondents in all the principe! Dommercial Centres throughout the world. K. NAQURA,

tion.

SAFE DEPOSIT BOXES

Lo $22.50.

to let at a yearly rental from 88.00

WONG KWOK-SHUEN,

Chief Manager.

THE MERCANTILE BANK OF INDIA, LTD.

BEAD OPPICE:

15, Orsoarbiech Biraal, London, 2.0.3.

Authorised Capital Subscribed Capital

Paid-up Capital

....£8,000,000

1,800,000 1,050,000

Reserve Fund & Reat. 1,217,977 DANKERS:

The Bank of England à Midland Bank, Lal

MANCHEST

Bangtok

Ipah

Manager

Batavia

Kindy

6,845,808 1,200,000

HONG KONG BUANCH |_

1ombay

Karachi

3, los Faux Road Central Hong Kong, December 24, 1901.

!

Balculta

Kota Be

Colombo

Kuala Lipis

Delhi

Kuala Luopar

Qaila

Mong Ecof

Howeak

New York

Canton, Bhanbad, Hunkow, Bangkok,

and Bas PALENIMEN

LONDON BANKERS-

The Logie Bank, Limited.

CORRESPONDENTS

in all principal cities of the World.

Forigihange and banking business

very doseription "transstad

2 Deposit Bazes (varkeria sizwo) ai e yourly

sal of from 8 to $40.

LOOK POONG SHAN,

Chief Manager.

THE BANK OF CHINA. * 3 9.4.

Reorganised October 20, 1928, under special charter of The. National Gov-

rument as an

INTERNATIONAL EXCHANGE

BANK.

Subscribed Capital.....$25,000,000.00

Paid-Up Capital

Reserve Funds

.$24,7; 200.00

-$ 3,820,008.82

HEAD OFFICE: SHANGHAL

· HONG KONG BRANCH:

4. Queen's Road. Central.

Owing to our numerous branches in the im- Chins and large connections portant commercial centres of the world, we are able to extend to our ellents special facilities for domestic

and foreign banking and exchanges.

We also handle the issue of Bonds

NEDERLANDSCHE HANDEL-

MAATSCHAPPIJ, N.V.

ĮNETHERLANDS TRADIKO SOCIETY)

BANKERS.

Established 152

Long Bong Offre:-11, Queen's Bond Central.

Authorized Capital .... .t. 150,000,000 Pald-Up Capital ........ 80,080,000 Reserves

.f. 20,015,000.

Hund Ume.AMSTERDAM..

Bastern Head Mos:-ATAVIA,

Brancher -Bandjesmasin, Dandong", Bombay, Caletta, Cheribog, Djember, Djok fshat The Hague", "Iddah. Kobi, Makassar, Medan, Palembang, Pala longan Peng, sagoon. Botterdam". Semarang, hanshal, Ringapore, Boar bale Costabarts (Solo), Tegal, Tjilasjop and Weltevreden*.

יד

* These offres bara Bala Deposit Boxes to Lal.

LONDON BANKERS --

NATIONAL PROVINCIAL DANK LTD,

Correspondanta all over the world. Ranking Bodl. new of arwy description transacted,

A STOKINE.

Manga Hong Kong, 21st June, 1932

THE

and other Public Funds of the Chin- AMERICAN EXPRESS COMPANY, ese Government both at home and

abroad.

BHOU J. CHEN,

Manager.

Hong Kong, 6th March, 1931,

THE YOKOHAMA SPECIE BANE, LIMITED.

Established 1880.

INC.

Read Office: 85, Broadway.

Anshara.ca

New York.

U.S.$6,000,000.00

.U.S.$1,839-892,04 ..........U.9.51,458,116.78

Capital

Surplus

Reservee

BRANCHES -

.Hios

Naples

Yen 117,300,000

Piesa

Paria

Ballis

Prang

Polping

Bombay "Bremen

Puliras

Nagasaki Narown Nowchwang

York

London Liverpo

Rotterdam Home

Larse

Cairo Chlorin

TALENCE

Lam Mart

Elaga pare

B Morits!

Monte Carlo

Manila :*:

Vienna

Molok

Falco

Capital (fully paid-up) Ten 100,000,000 Morre Fund

Head Oc-YOKOKAHA.

Branches and Agencies at:

Alexandria

Batavia Bartia Bombay

Calcutta

Canton

Dairen (Dalny)" Polping

Hamburg ›

(Mukden) Rangoon

Hankow

Hour Kong

Honolulu

Bhinking

-Yuen

London:

Los Angeles

Eio de Janeiro Ban Francisco Seattle

shimono ed

baya

Tsingtan

Пороядерно Winburg Presen

Glasgow Havana Hamburg HAPS Interlaken #growers

(Montenen:

Blamboat Bhanghai

Bogiem plo

Branches of American Express Com- pany tre Principal cities of United States of America and Canada, dis

All classes of Commercial Banking Transactions, undertaken, DWAY

Personal Investment accounts | handled ASEAN

The Company offern to intending Travelers the use of its (““Travelèrs Interest "allowed Gurrent As- Cheques?) and Letters of Credit and, in addition, the world-wide services Deposits received for fixed periods of the thoroughly equipped Travel · De- st rates to be obtained on appileation, partment.

ELMORI

Hong Kong, 30th December, 1932.

EL W DUGGAN,

Penang

Port Loud

(Mauritiua) Rangoon Bhanghai

Blain

Kuensan (Pahang) Singaporn

Madras

Besarabaya

HONG KONG KHANCEL. -

Etary description of Barking and Exchange busi pen trazanoted.

Travel Gouen kasusd.

Trustee and Executorships under- taken.

INTEREST allowed on Curwat Asxunta mod Fixed Deposite al Raton that may be ascertained on application.

J. B. ROSS,

Manage

7, Queen's Road Content, "

Hong Kong, 7th April, 1982.

Bring Your PRINTING Problems to Us

THE NEWSPAPER ENTERPRISE LTD.

SA WYNDHAM, IT,

AKIRA NAIL BLOW

THE WEEK. Hong Kong Banks: $1,665, $1,675, $1,680, $1,687, $1,700, $1,685,

Unfon Insurances: $560, $5572. China Underwriters: $2,60. Wharves: $148, $142. Hotels (Old): $10.40, $102, $10.90.

Hotels (New) : $9.90. Lands: $75%, $76.

Realties: $7.55, $8.10, $8.80. Tramways: $20, $20.60, $20.40, China Lights (Old): $16. $164. $16.

Electrics: $741⁄2, 874.70, 87434. $76, $761⁄44, 576.

Telephones (New): $25.70.

Cements (Combined):

$10, $10.30.

*Cements (Old): $83⁄4.··

Cements, (New): $14. Dairy Farma: $28.90, $28%. Ewo Cottons: Tls. 14.40, 142.

or two

Banks, Hong Kong and Shang- hai Banks were in demand at $1,680| after business having been done at $1,085/1,700. remained quiet at $108.

Bank of East Asia's

Insurances.-Canton Insurances

In-

Nominal Nominal 1% prem.

8%% p.a.

RUBBER FROM CRUDE OIL.

New Material in Mexico.

RACE SELECTIONS

FOR FANLING

(By Ajax.)

The second day of the Holiday Meeting at Kwanti will be held by the Fanling Hunt and Race Club to-morrow, and the pro- gramme consists of seven events. Punters who have sized up how the ponies perform on the altered course, will find their task of selecting winners easier, but one or two events are very open.

White Stars, whose win in the M.G.T. Steeplechase, paid the highest dividend of the day at the Tuesday meeting, will be a notable absentee in the first event of the day. Cupid, who came a nasty crash at the last meeting will probably win the race, and his only serious rival appears to be Britannic Hall, who also proved to be a bad jumper on Tuesday.

Malakit, whose fall robbed him of any chance of success on Tuesday, will probably start fa- vourite for the second race, but he is likely to find strong opposi tion in Cloudy Eve, who al- though well beaten by Daylight Eve, last time out, ran a good

race.

Daylight Eve is entered in an-. other race on this occasion, and there is very little to prevent him from repeating his performance of the last meeting. In fact he is one of the good things of the day. another

and Hong Kong Fires could fetch) Good reports on a new synthe white Heather will be buyers at $1,252 and $1,190 re-tic rubber now being tested in starter in the third race, but as it spectively. Union Insurances were Mexico are arriving in London. is his first appearance since he dealt in at $5571⁄21⁄2/580. China Underwriters could be obtained at

The base of the new "rubber" went lame, he can scarcely be ex- is crude oil and it seems to be pected to offer serious opposition. $2.75.

Shipping Douglases continued in advance of previous synthetic Fighting Blood will be another pony in demand at $28 without attracting products in so much as it is un-to watch here and he can be con- any sellers. Steamboats were quiet dergoing practical tests, appar-sidered as a certainty for a place.

Waterboats were quoted ently with success.

A Horse To Watch, A London merchant, just re-

$9.85,

at $22. jat $204.

Docks, Wharves and Godowns.- turned from Mexico, told a Daily Tien Feng Shan vindicated him- Hong Kong & Kowloon Wharves Mail reporter. "I have seen self at the last outing, and he will after being dealt in at $142 werd tyres made of the new material give Christmas Belle a good ran T. sought for at $141. Providents on motor-cars in Mexico. On for first place in the fourth race, (old) changed hands at: $42, and one car there were one back and even if he does not win. Miss P. the new shares were wanted at $1.55 one front wheel each with an ex- Scott Haraton's Imperial Hall has Lands, Hotels and Estate.-Hong periment tyre, the other wheels not done anything of real merit Kong Lands were enquired for at being fitted with tyres of well- since being taken over by his new $74. Humphreys remained quite known make. The tread on the owner, and he is about due for n Arm with buyers prevailing at experimental tyres was showing win. He is well worth watching. $14.90. Hong Kong Hotels opened little sign of wear when on the

Champagne Bay should win com- steady with buyers at $10% and standard tyres the tread was fortably in the fifth race, and is immediately jumped up to as high nearly worn off.

Govt. Leans: 22% Prom. CHANGES (3.15 P.M.) CLOSING QUOTATIONS. Buyers.

Providents (Old): $4,55, Providents, (New): $1.65. Lends: $752. Humphreys: $15.10. Star Forries: $93. Ropes: $104.

Ewo Cottons: Tis. 14.60.

Sellers.

Lands: $76.

Sales. Lands: $75/76. Tramways: $20.40. Govt. Loans: 22% Prem.

THE SINCERE CO., LTD.

WISH

ALL THEIR PATRONS AND FRIENDS

A

HAPPY & PROSPEROUS

NEW YEAR

AND ANNOUNCE

THAT THEIR STORES

WILL BE

CLOSED

ON JAN. 1st & 2nd and

RE OPEN

ON JAN 3rd.

1933

likely to find his most dangerous

as $11.10 but reacted gradually and "Men have been wearing one opponent in Miss Fearon's Loch were done at the close at $10.40.rubber heel of the natural sub- Ryan, who registered a creditable Hong Kong Realties were in. de- stance and the other of the syn-win over some classy candidates in mand at $8.00 at the opening and thetic product, and the lettering the main event of the last Fanling went up rapidly with business on the synthetic was clear when programme. Rooslan made a good transacted at $8.10/9.10 but cased it was already obliterated on the showing in the same meeting and off toward the close with shares natural.”

cannot be ignored as a probable. on offer at $8.

It is said that the new material He is a pony who is making con- Cotton Mills.--Ewos continued is much cheaper to produce than siderable improvement. firm and were negotiated at natural rubber-even at its pre-1 If one takes into consideration sent prices and that there are by Festival Eve's last performance, he.

14/14.60.

Public Utilities.-Trams changed products, the sale of which will re- hands at $20.40. Star Ferries duce the cost of the rabber below is a good thing for the sixth race, were asked for at $92 but sellers the reach of competition from the but it is doubtful if he car repeat

I ́vore scarcED.

MORE ORDERS IN FROM RUSSIA.

his win with Alexander Hall in the China Lights (old) natural product.

race. The latter should just win, experienced a sharp rise after the

with Misa Fearon's candidato opening and were put through in

second. - Suappy Eve is a good per- quantity at as high as $16.80, but

former over the distance and is eased off gradually to $15.60, clos ing rather steady at $15.80. Hong

Hikely to take third place money.

In the last race of the day, Kang Electrics improved slightly

Esculado and White Stars are likely and there were buyers at 875% The recent decision of the Ex-to fight out a strong finish. The after being dealt in at $76/764 port Credits Department following latter should win on form. Telephones: (new) could be placed strong pressure from engineering

at $2514

and machine-tool manufacturing Miscellaneous-Cements (comb.) Interest in the North-Western were in strong demand immediate-jaren, to extend credit periods from

“TOUTS" SELECTIONS.

ly after the opening and were put twelve months to eighteen months Race 1:- through at upward rates between in respect to orders from Russia, $10.26/10.80, but closed much eas- has quickly produced further work er with shares changing hands at for the neighbourhood. $9.50/.76. Ropes advanced from

One of the most important of a Race 2: $10 to $10% at the close. Dairy series of contracts Just placed by Farms had buyers at $2834 Con the Soviet Government with Bri- structions (old) could be obtained tish firms, is that shared by at $6.10.

Forward Settlement Day: Janu Mesars. Tayler Bros. and Company,

Limited, Trafford Park, Manches- Race ary 3.

ter, and Messrs. Davy. Bros,, Limited, Sheffield, for the con- atruction of a complete plant for the manufacture of railway wheels by special process. Delivery Race will be effected in nine months, and the value of the order is in the vicinity of £200,000.

I

*

NOTICE

Cupid.

Britannic Hall. Mouche.

Cloudy Eve. Dunce. White Heather.

Bi

Daylight Eve.-

Black Maria..

Little Gem....

4:

Tien Feng Shan. Christmas Belle, Banjolina.

Messrs. Metropolitan-Vickers Race 5:—

By Loch Ryan.

Rooglan

y

Just Imagine.

6

Alexandra Hall

Festival Eve Snappy Eve

↑ 18 HEREBY NOTIFIED for

Information that His Excel Electrical Company, Limited, Traf lency the Governor had given ford Park, are to supply electric permission for fireworks, not being motors for colliery and Iron-ore unlawful Brewoike, to be kindled, winding plant, and Messrs. Well- discharged or let in a lawful man-Seater Rolling Mill Company, Race manner within the Colony be. Limited, Darlaston, Staffs,, aro to tween 11.45 pm, on the 31st Do construct a tube-rolling mill at a cember, 1982, and 12:15 am on the cost of $90,000 for the same Gov- 1st January 1988. Merament. Machine-tool manufac Race

(sd.) E. D. C. WOLFE, turers are also hopeful of securing IGP substantial ordera in the course of Hong Kong, 31st December, 1982, the next few weeks Engineering.

~

Boston. White Le

The Carlow