1933-03-11 — Page 4

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION:

Lushorland Capital $80,009,000 Komel and Pully Paid-up -0,00,000 Bagaren. Funda |--

Starting

*#10.com #$1,000 POG

Manners Limbllity of Proprietor - $30,000,000

HEAD OFFICE, HONG KONG.

NWARD OF DIRECTORS (—

I. E. Parca, Bag,

T. . I Khaw, Kog.

Deputy Chalema.

W, 11. Bell, Bog

H. Dompton, Bay.

11on. Mr. S. 3. Pierson,

J. A. Putemet, Esq.

Mon. Mr. G.,89, Mackin, J. F. Warren, Bag-

44, Mubin. Ing.

SHOT BANGKOK BATAVIA BUM BRY CALCUTTA OANTON CHEFOO COLUMBO

DAIREN

POOCBOW

ПАГЛАНА

HARTURO

HANKOW

KARDEN KOTIIV

ILOILO

(PO

JODORS

KORK

KOWLOON

T. M. Grayburn, Baj.

Chief Manager.

BRANCHEZ-

KUALA LUMPUR

LONDON LIONA

MALACCA

MANILA

WAR (Johor)

MUKDER

KEW YORK PEIPING PENANG DANGOON

BAIGON

SAN FRANCI800

FHANGHAI

SINGAPORE

SOUBANATA

BUNGEI PATANI

TIENTRIN

TOKTO

TSINGTAO TORDHAMA

Current Adubte opened to foral Currency and Fixed Deposite raival for one year shachor pericula in Local Currency sad Barilog - Seems which will be quoted in appllanil

Hong Kong, 25th February, 1933.

HONG KONG SAVINGS BANK.

The Brothers of the above desk la sextuebat the EOXO LONG AND KRAWOKAT KANE 16 DORPORATION. bu may be whorizat

FOR PEN BONGKONG AND ENAMORA! 44XXING CORPORATION.

V. M. GNATION,

Hong Kong, 25th February, 1933.

OVERSEA-CHINESE BANKING. CORPORATION, LTD. (Incorporated in the Straits Settlement) SUCCESSORS TO

The Ho Hong Bank, Ltd.

The Chinese Commercial Bank, Ltd. The Orerea-Chinese Bank, Lid.

Head Office:--Singapore.

Hong Kong Branch:-13, Queen's Rd. C.

Authorised Capital:-

Straita $40,000,000,00.

Paid-up Capital:-

Straits $10,000,000.00.

Branches and Agencies in the princi- -cipal cities of the world.

Every description of Banking and Exchange business transacted.

Chua Keb Hai.

Manager.

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

Incorporated by Royal Charter, 1855.

HEAD OFFICE: LONDON.

BANOKOK BATAVIA BOMBAY CALCUTTA CANTON CAWAPORE CKBO COLOMBO

MADEAU

MEDAX

NEW YORK

THIPING (Poking!

PENANG BANGDON

THE BANK OF EAST ASIA, LTD.

Head Oßes: Hong Kong. No. 10, Des Voeux Road Central. Established: 1918.

Authorised Capital Paid-up Capital Reserve and Undivided

Profits

Branches and Agencies:-

2

Pelping

Penang

Rangoon

Saigon

San Francisco

Seattle

Semarang

Paid-up Capital

Reserve Fund

£3,000,000 £8,000,000

Reserve Liability of Pro-

prietors

.£3,000,000

Amoy

Agencies and Branches:

Batavia

ALOR STAR

Bombay

AMRITSAR

EUCHING

Calcutta

Cantor

KAKILA

Haiphong Hankow

Honolulu

Kobe

Shanghai Singapore

PAIGON

Kowloon

BEMARANG

London

Swatow

Sourabaya

BERENBAN

SHANGHAI

Manila

Sydney

FINGAPORK

Melbourne

SITIAWAN

Nagasaki

Talhoku Tientsin

BOUHAVAYA

New York

Tokyo

TONGRAH (Ukʊket)

Osaka Parlo

Vancouver

Yokohama

TRINGTAO

YOKOHAMA

Correspondents in all principal of the World.

cities

and

DELI

HAIPHONG

BAMBURU

HANKO

fAMBIN

BONG KONG

ILOILO

TPOR

KARACHI

ELANO

KOBN

KUALA LUMPUR

TAIPING

TIENTRIN

General

FAMDOANOA

Foreira

and Exchange Banking business transacted.

Current Accounts opened and Fix. ed Deposits recolved for one year or *horter periods at rates which will be quoted on application.

A. BREARLEY.

Manager. Hong Kong, 17th November, 1932.

THE RANK OF TAIWAN, LTD.

(TAIWAN GINKO.)

HEAD OFFICE:-Taipeh, Formoss.

Incorporated by Special Imperial Charter, 1899.

Central Bank in Form108 Bank Mola Janod Average mononi ... Yma 15,000 20 DRANCHES AND AQESCLES. JAPAN-Tokyo, Tokohama, Kobe, Osaka.

Haraka PURMOSA ÚTRO.

Kalung. Maingato. Shiuchtku. Talobo, Tatrau, Takso. Tamad, Tour, Heilo, allo CHINA--bongbai, Hankow. Luz, PucoĒW».

Awalo, Censon.

OTESong Sooj Biospor Bomeabaya.

Bemwong, Batavia, Bunilmy, London. S York, Dairen.

LONDON BANKERS 1 Bacony Bank, Ltd. - Lingẫu Turk, Lid, Midland Bank, Lid, Watusiaster Bank, Les.

The Bank has Correspondante in all the principal Commercial Centres díroughout the world.

1. KAGURA,

HONG KONG BRANCH :

1. Der Your Hood Central

Hong Kong. Domowe 34, 1981

Малефис

NEDERLANDSCHE HANDEL- -

MAATSCHAPPIJ, N.V.

ARTDERLANDS TRADING RGCIETY)

BANKERS.

Baishishad 16

Hong Kong Best~11, Quara's Wood Concrd

Authorized Capital ...... 150,000,000; Paid-Up Capital Reserves

...f. 80,030,000) ....f. 20,018,000|

Head Offer -AMSTERDAM".

Kastora Head (Ros z~~~HATAVIA.

THE BANK OF CANTON, LTD.: djersi Bandong". Bonbony,

Established 1912.

•

Head Office:--Hong Kong.

Amikorized Capčiał (II.K. Curruzay) ...$11,000,000

Maserri Kaná

$1,065,000 1,150,000

Khanghai, Hankow, Bangkok,

Pull-Up Caglia

******

Onton,

BRANCHES :-

sad Ben Framalaon.

LUKDON BANKERS 1

The Kanyd's Bank, Lindie

CORRESPONDENTS

fa all prioci, al silise of the World.

Foreign Exchange and banking buntenso c

-very description "transacted.

Sala Dapoli House (vacious sinna) ni a guacấy

denial of "trom $5 to $40.

LOOK POONG SEAN,

Djok

Calcutta Charbon, Djamber jabarín", The Ragu?", "asádak, Kulm Makmur, Modna. Palembang, Pula longa, Penang. Hangoon. Bollardam". Bemarang". Bhanghai, Bəgəport, Boera beir, foamkaria (Bolc). Taqil, Tillating And Waitaredan",

* T'has ofices have Bala Depósit Baza to Est

LONDON BANKEES

KATIONAL PROVINCIAL BANK LIB.

Come il teer the world. Banking Bual.

nasa ni avery description trameno Hd.

A. STOKKIKK

Hong Kong, 21st June, 1932.

Manager.

THE

Chier Manager. AMERICAN EXPRESS COMPANY.

INC.

Head Ofce:~~65, Broadway. New York.

THE YOKOHAMA SPECIE BANK, LIMITED.

Capital Surplus Beservo

Established 1858,

Capital (fally paid-up) Yen 100,000,000) Reserve Fund

Yen 117,800,000}

Head Office:-YOKOHAMA.

.U.B.$6,000,000,00 ..U.8.$1,63)-392.0

U.S.$1,459,110.78

BRANCHES:-

Go Ɑlangor

Karuna Has paty Stavrs Interlaken

Autowy

Bela

Berlin

Elartike

Branches and Ageselos at:

Bombay

Alexandria

Nagasaki

Bremen

LAño

Brent

L

Batavia

Nagoya

Newchwang

Bombay

Buenos Aires Calze Calen

Lávo

Calcutta

Colomba

Caston

Tarsid От

New York

Omaka Paris

Dairen (Dalny) Peiping

Hamburg

Wangtien (Muiden) Rangoon

Rio de Janeiro San Francisco Beattle

Hankow Karbin

Hong

Kons Hasoluis Hainking KAL-Yuan Karsch!

Kobe London

Bemarang

Bhanghai

Shimanoreki

Blogspere Hourabaya Bydney Tiantain Pages Los Angelerwame

Tokyo w... Maxila

Talogiau Interest, allowed on Current Af-

Deposita esosired for tized parjods at entes to be obtained on application.

Hong Kong, Both-

Losers Lagun TALICE Marsellise Moxie Ca Manila

Mondrous

Kapla

Plasm

Pri

Polping

Botterdam

Stamboul Shangha Bouthampto Bingso B. Korita Tiesiels

Times

Tendre

Yokohama

Branches of American Express Com- pany in Principal cities of′ United štalas of America and Casada.

All classes of Commercial Banking Transactions undertaken.

Personal Investment

| handled.

accounta

The Company offers to intending Travelers the use of itx ("Travelers Cheque") and Letters of Credit and, in addition, the world-wide sw-vicon of its therangkly equipped Travel De

partzient.

Bi DUGGAN,"

Manager

THE

MANCHESTER COTTON MARKET

CHINA MAIL.

Outside Influences Weaken Trading.

T.T.

On demand

4 months' sight

On demand

$20,000,000,00

Wednesday, Feb. 8, 1933. 5,598,000.00

There has been a "weaker tone in 2,312,000.00 the market this week although little alteration has taken place in values. The Continental political situation as well as the talk of an increase in acreage planting has had its effect upon operators and tended to pro- vide a bearish attitude. Outside in-On fluences are of course affecting the market, but the view is widely ex-] |pressed that there will be a recovery

before long as the result of either On some political or financial factor. With the position prevailing it is only to be expected that the turn-] over has been small and the basiness On India--

T.T. mostly of a hand to mouth variety.

On demand Until more confidence is put forward this will continue although there is On Shanghai-

On demand still a good volume of general en- quiry. Demand for India has again On Kobe-

On demand centred round light bleaching styles

On demand

"EEGI "II HONVW "AVOURLYS

Commerce and

Finance.

SHARE MARKET.

Weekly Reports by Brokers.

G. A. HARRIMAN.

Hong Kong, March 10.

· NEW HARBOUR MASTER

Comdr. Hole Going On Leave.

GOVERNMENT APPOINTMENTS

ANNOUNCED

The appointment of the Hon. Mr. C. Gordon Mackie to be a member of the Harbour Advisory Board with effect from March 1, is announced in the Government Gazette.

The following appointments are also notified:

Mr. Q. A. A. Macfadyen to be Mr. G. A. Harriman's weekly Assistant Secretary for Chinese share

report and market review Affairs as from February 24.

Comdr. J. B. Newill, D.S.0., R.NL. issued at noon, states:-

(retired), to act as Harbour Master and Director of Air Services, and The past week was notable for a Mr. T. W. H. Hosegood to act as de- sharp recovery in the minor issues puty Harbour Master during the more especially China Lights which absence on leave of Hon. Comdr.

time. G. F. Hole, R.N., (retired). up to $12.25 at one

Mr. F. A. Hopkins to act as Hotels recovered. to. $8.20, Pro-

during Superintendant of Prisons vidents to $4.30, Realties $7.60 and the absence on leave of Mr. J. W. | Cements $8.30. The investment sec- Franks, with effect from March 11. tion was also better with Trams hidl His Excellency the Governor.

under Instructions from the Secre up to $21.2%, Lands $74.50, and tary of State for the Colonies, has Electrics $75. The sterling acc been pleased to appoint Mr. A-, G. tion was somewhat easier on account Warnham Tickle, F.R.L.B.A., Char- of a fairly substantial rise in ex- tered Architect, F.S.I., Chartered change to 1/4 3/8, Banks being Surveyor, to be Assistant Director done from $1,650 down to $1600, and of Public Works with effect from Unions $540 to $520. The market is July 21, 1932.

EXCHANGES.

TO-DAY'S QUOTATIONS,

On London-

1/4

1/4

1/4%

Credits 4 months'

sight

1/4%

New York--

Credits 60 days'

sight Paris-

24 No.

Nominal

On demand

590

Credits 4 months'

sight

630

88%

were

884

704

.£3,000,000

1,800,000

the whole remains quiet although aj On Singapore-

On demand .......... few offers for dyed styles have been dealt with whilst Karachi and the On Batavia-

On demand up-country outlets have also been less active. Enquiry for China has On Saigon---

On. demand not resulted in much trade and only) scattered sales have occurred. Hong On Bangkok--- Kong has shown a little interest in) poplins whilst offers have been re-Sovereigns Bank buy- ceived from Shanghai for fancies] Ing rate

1042

48 Nom.

671/

581⁄4

59

On demand

1392

1/44

1,050,000

18 3/16

1,217,927

BANKERS

Kong

BLANCHE

Bangkok

Bataria

Ipob hianil

Penang

Port Lau

the Near East have not been-al-Copper Casa together idle and have booked a lit-Copper Cents

Nomlout Nominal

1% prem

Bombay

Karachi

(Martins)

Calcutta

Koss Ebars

Hangoon

3% p.a.

Calombe

Koala Lipis

Shaoghai

Delhi

Kuain Laimpu

Kimia

Galle

Hong Loa ISOWA

Mudros

Bourabaya

New York

Every description of Banking Exchange business transacted. Loans Krated on approved securities.

Safe Deposit Boxes To Let.

KAN TONG PO,

Chief Manager,

THE MERCANTILE BANK OF INDIA, LTD.

HEAD OFFICE:

1. Grnowchard Strut, London EC.

Authorised Capital

Subscribed Capital Paid-up Capital Reserve Fund & Reat

The Bank of Egland a Midland Bank, Li

Kuantan (Psbang) Singapore

HONG KONG BRANCO.

Every description of Barking Exags

e tracted. Traveller Cheques lamund.

Trustee and Executorships under- taken.

INTEREST allowed

> applous.

such as mulls and nainsooks, for On Manila-- Calcutta and Madras. Bombay on

and shirtings. Odd lines in printed Bar Silver per oz. and dyed goods have been sold for Bar Silver in Hong the Straits Settlements. Egypt and

terest

tle business in whites and fancies. Rate of Native In- Although South American advices] have been rather better the turnover Chinese Sub, Coin. 29% dis has not shown much improvement. Hong Kong Sub. Cain par. Probably the best autlets recently

have been the Colonies. They have)

taken both rayon and mixed fabrica 12 RESERVE BANKS in fair quantities. Business has RE-OPEN TO-DAY.

also been done in fine fabrics for the Current AccouDIO and Continent chiefly the northern coun- Fixed Deposits at Rates that may be said tries. Of the Home Trade cloths the standard overall and furnishing qualities have been booked in small quantities.

J. B. ROSS,

Manage 7. Queen's Boad Central,

Hong Kong 7th April, 1932.

HAMBURG-AMERICAN

LINE.

THE WORLD CRUISE OF;

S.S. "RESOLUTE"

I

Arriving Hong Kông 23rd March 8 a.m. Leaving Hong Kong 25th March Noon.

Ports of Call:- Keelung with a trip to Taihoku (Formosa); Woosung (Shanghai) and Ching Wang Tao, with an excursion to Tientsin and Peking (Peiping) and a visit to the Great Wall (North China); Chemulpo, with a trip to Seoul (Korea); Miyajima, a trip through the Inland Sea of Japan, Kobe, with an excursion to Kyoto where the- Cherry Blossom Dance will be witnessed, a trip to Nara to view the famous Dear Park -- then Yokohama, with visite to Tokyo, Nikko, Kamakura and the Mississippi Bay (Japan); Honolulu, with an afternoon at Waikiki Beach, Hilo (Volcano of Rilauea), San Francisco (Palo Alto), Los Angeles (Hollywood), Balboa (Ancon) (Panama Canal); Panama City; Colon, Havana and back to New York.

Offering people a wonderful opportunity for sight-seeing and travelling. FOR PASSAGE AND PARTICULARS APPL

JERSEN

Pedder Building, 7th Floor"

TO

CO.

Telephone 26661.

(Continued from Page 1.)

Still On Gold Basis.

The proclamation freezes more than $40,000,000,000 in bank de posits.

Mr. Woodin declared that thei United States was "not off the gold standard.”

still active at the close but a slight-, ly easier tone prevails in some sec- tions due principally to profit taking) on the recent rise.

BANKS. Hong Kong Banka chang- ed hands at $1,600/55, closing with sellers at the latter rate. INSURANCES. Canton Fires were) in demand at $1,350. Unions had sellers at $640.

CATTLE CONTROL IN NEW TERRITORIES.

New Ordinance For Wider Powers.

SHIPPING. Douglases were dealt in at $35. Hong Kong Steamborte An Ordinance to regulate the had buyers at $22.

keeping of cattle, swine, sheep. DOCKS, WHARVES & GODOWNS.) and goats in the New Territory Wharves could be obtained at $134 is announced as an amendment (ex dividend). Providents (old) to the New Territories Regula- were transacted at $4.15/.20, los- tion Ordinance, 1910. Ing with sellers at the latter The amendment makes it law- figure.

ful for the Governor in Council HOTELS

REAL ESTATE. to make rules prohibiting the Hotels (old) were put through at keeping of such animals either $7% in the middle of the week, generally or except under and in but suddenly spurted up to $7.90 accordance with a licence from buyers at the close, the new shares the Sanitary Board or any other being in demand at $7.50. Hong specified authority, in the New Kong Lands had sellers at $74. Territories. Hong Kong Realties were wanted The amendment states that at $7%, sellers prevailing at $7.60, the powers of the Sanitary COTTON MILLS. Ewos were Board do not appear to be wide firmer with business done at enough to provide for the prohl- T13.25/.50.

bition of the keeping of such ani.

He said: "This is the start of PUBLIC UTILITIES. Hong Kong mals in specific localities where the real thing. I think we are on Trams showed some improvement such prohibition is considered de- the bottom and won't go lower,

If the people will just have con- and were dealt in at $20/21. sirable. fidence in the great leader in the China Lights (old) experienced a White House we will get out of very active market and changed hands at as high as $121⁄4 cash our difficulties readily."

SAMPAN, CAUGHT BY SQUALL.

Woman's Narrow Escape From Drowning.

Mr. Woodin said the security closing steady at $12. Hong Kong Electrics were a shade better with and commodity markets could operate if they wished, but he sales reported at $74/75. thought it was highly doubtful MISCELLANEOUS. Cements that they would do so during the (comb.) were in good demand and changed handa at $7%/8.20. proclamation period,

Wong Ng, mistress of cargo boat The proclamation effectively pre- Ropes, eased off slightly and could

withdrawal of caah be obtained at $10% Entertain-No. 2136 V had a narrow escapo from banks under any circum.ments were wanted at $11 Con-from drowning yesterday, when structions (old) and (new) could while sailing her boat to the King be had at $5 and 90 cents respec Shan at about 4 p.m., a sudden squall tively.

atzuck the boat from the side, cap- sizing her,

vents any

atances.

No Cash Obtainable. Instead, clearing house certi ficates equal to certain percentage: of deposits may be given. It was presumed that each depositor

SHANGHAI SHARES.

would be informed by his bank or Messrs. Carroll Bros. have just the following latest banks what percentage will be al-received lowed, but in no case may cash be cabled quotations of Shanghai | obtained..

shares:-

The order provided for, a system China Finance Corp...

Investment of clearing house certificates under International

Trust Co. (Ord.) supervision of the various Federal Reserve districts.

Cathay Land The order empowers the secre- Yangiaze Finance Co...... lary of the treasury to authorise International Assurance Co. banks to accept new deposita and China Realty Co...... preserve them in special trust ac-Shanghai Land Investment counts subject to unrestricted withdrawal on demand.

CHANGES IN FULL COURT LAW.

Consolidations And Amendments.

Company

New Engineering & Ship

Building Works (Ord.) .. Shanghai Dock & Engineer

ing Co. Shanghai & Hongkew

Wharf Co.

Electric Con Shanghai

struction "Bearer" Ewo Cotton Mills, Ltd. Shanghai Cotton, Manufac-

turing Co. Zoong Sing Cotton Mills,

Limited

In future, Hong Kong appeals trom a judge in the summary ¡jurisdiction will be heard either by

three Judges or by a court of two American Asiatic Under- other judges which cannot include. writers (Ord.) the judge whose judgment or order American Oriental Finance is appealed against. Magisterial |

Corp, "Bearer” appeals may be, beard by two or Asia Realty "Bearer" thros judges, as the Chief Justice Shanghei Power Com- may determina,

pany (Pref.) These amendmenta

made Chinese

5% Gold under the Ordinance to amend and

Bonds 1925 [sonsolidate the, Full, Court ‘Ordine].

ance,

Are

WEATHER FORECAST ·

Wong Ng was just able to hang on

to the sail, until a passing boat help- ed her out of the water,

She was the sole occupant of the

versel

4.26

7.50

Mr. T. Moller arrived here, yes- 11.25 terday, from Shanghai, by the sa

6.50

Personal Park.

Corfu.

3.60

-10.25

23.75

H.E. The Governor, Sir William Peel, accompanied by Lady Peel and party, attended the second perfor- mance of the "Blonde Venus" at the 6.00 King's Theatre last night.

95.50-AS

210.00 A. B. WATSON & CO., LIMITED.

20.00 13.50

N

TOTICE IS HEREBY GIVEN that the Forty-Eighth An- 68.00 aual Ordinary General Meeting of the Company (aince its registra- 10.75tion) will be held at the Hong Kong Hotel, Hong Kong, on TUES- 20.00 DAY, the 21st March, 1933, at

11.30 a.m., for the purpose of re- 20.00ceiving the Report of the General 22.00 Managers, together with a State

ment of Accounts for the your 98.40 ended 31st October, 1932.

The Register of Shares of the 66% Company will be CLOSED from THURSDAY the lath day. ĐỂ March, to WEDNESDAY, the 22nd day of March, 1933, bọth days fu- 'clusiva, during which period, no transfer of shares can be register-

Today's nip in the air, fi caused

Where Fal Court consisting of} thres judges sits, the Judgment or order of any two of them shall be deemed the Judgment or order of the Full Court, and in the case ofr North winds, the weather willed,

keep fresh, fina to cloudy, states the the three judges" "disagreeing the report issued from the Royal Ob- original judgment shall stand. .

Iservatory,

JOHN D, HUMPHREYS & SON, General Managers. “Hong Kong," 9th March - 1988. **