1933-03-29 — Page 4

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION.

Makethal Ospi

„1880,000, DOMI

Tormimpi Fully Paid-up mammamu 30,000,009 Mooerve under-

Earling -

Ever

£1,500,000 $10.000.106

Manarro Idability at Propelsiors ........... $38.000,900

HEAD OFFICE;, KONG KONG.

BOARD OF DIRECTORS tam

T.%. Paaron, E44. *

Chairman.

7. I. II. 8am, Eny. Deputy Chairma.

W. 8. Bell, K«z«

Hon. Mr. J. J. Holanoo. A. E. Compion. Esq. d. A. Par, B. Bon. Mr. C... Mackie, J. F. Warren, Esq.

V. M. Ongyburn. Eng.

BRANCHES -

ANOT

НАМОКОВ

BATAVIA

BOMBAT.

CLAITTA

CARTON CHEPOO COLOMBO

DAIRRM FOOCHOW HAIPHONG

HAMBURG

HANKUT HARRIN HONGLEW

ILOILO

IPOK JOHDAT

KORK

XOWLOON

KUALA LUMPUR

LANYON

LTONS

MALACOA

MANILA

MÚAR (JrLore!

MOEDEY

PRIPING

PENAND

XPW YORK

BAYUWON

EXIGUN

SAN FRANCISCO

ANGRAT

SINGAPORE BOUKARAYA

RUNGTI PATANI

TIEN? SIN TOTO

TSINGTAO

ΚΟΚΟΡΙΑ ΜΑ

Carwal Aamup's operad in Izal Curric wal Fired Depolla Pertand for one AT IN serier parlors in Lonal Oarroney and Barling sa turasa which will be qucial in sopilotion. Hong Kong, 25th February, 1933.

HONG KONG SAVINGS BANK.

ས

Photos of sun ahova Bank is na domać BORO KONG AND BRANCHAT MANE

1 CORPORATION.

Baka may be obetizad

FOR THE BURGEONG AND BANDA -HAIRE CORPORATION.

V. K. GRAYNURK,

Chief Manager.

Hong Kong, 26th February, 1933.

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

The Ho Ilong Bank, LiA.

The Chinese Commercial Bank, Ltd. The Overnea-Chinese Bank, Ltd

Head Office:-Singapore.

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

Authorised Capital:-

Straits $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.

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

Incorporated by Royal Charter, 1853

HEAD OFFICE: LONDON.

Paid-up Capital

CANTON

THE BANK OF EAST

ASIA, LTD.

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

CALOUTTA

CAWNPORE

село

COLUMDO

MADRAS MAKILA

MEDAN

NEW YORK

FEIFING (Peking PENANG

Hankow Honolulu

Kobe room

Kowl London Manila Melbourne

Saigon

Seattle Semarang Shanghai Singapore

Sourabaya. Swatow Sydney

Talhoku

UELA!

RANKUT

HAIPHONG

HAKRITO

HABBIN

RONG TÙNG

ILOILO

IPOB

KARACHI

ILANO

ZONE

KUALA LUMPUR

Forsign

KANGOON

KAICHOM

SEMARANG

HKREMBAN

SHANGHAI

BINGAPORE

LITIAWAN

BOURABAYA

TAPING

TIENTSIN

TONOZAO

TOKOHAMA

ZAMBOANDA

Exchange and General

Banking business transacted.

THE CHINA MAIL.

Every description of Banking, and Exchange business transacted. Loans

Safe Deposit Boxes-To Let

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

A. BREAKLEY,

Manager.

Hong Kong, 17th November, 1932.

EXCHANGES.

THE MERCANTILE BANK OF On Saigon-

INDIA, LTD.

On demand

Commerce and

Finance

NEW YORK STOCK" EXCHANGE

A.O.F.C. Quotations.

New York, Yesterday, Dow Jones Averages.

WEDNESDAY, MARCH 29, 1933.

Rope Co.'s

Decreased

Revenue

(Continued From Page 1.) ·

"The decrease is a reflection :of the "position" of Steamship Com- panies generally-on whom we de-

Bend for a large proportion of our

business-and is the direct result of

་

)

MACHINE TO

SEND OUT

DIVIDENDS

Labour-Saving Device In America..

5,000 CHEQUES AN HOUR

New York. Machines have been put to

restricted demand 'caused by about many novel uses during the last 22 per cent of the world's tonnage few years. But little does the being laid up.

stockholder realise that the dis- "Restricted demand has also made tribution of dividends (if any) is competition keeper for the business now commonly accomplished in obtainable. Revenue derived from this manner. One of America's largest oil enterprises, has utilis-

Last To-day's Changes. Avez. Aver. 30 Industrials 50.63 57.92 1.39 up 20 Rails 27.33 27.88 50 op 20 Utilities.20.60 20,98 .38 up

a light decrease 40 Bonds....75.38 75.17

Mesars, E. A. Pierce & Co. Re-compared with previous years. port:-The strength of commo-

11 down

rents shows

Rent Revenue Falls.

as

ed this method, and, as a result, some · 90,000 dividend cheques

dities was principally responsible |

"The explanation for reduced re-are filled out, signed and mailed venue from rents will probably be to stockholders less than ten days for the stock rally, in the after found in the fact that there is a after the corporation's books noon. We think a further rally is possible, The wheat and cotton larger supply of Chinese flats than close for the payment.

Dividend cheques, numbered there is an immediate demand for. markets ruled strong on an infla

"Part of Mi-tau-kok property and printed in part, are placed at tion rumour and also bad wheat,

continues in occupation by the Naone end of the machine. Wheels Silver ruled steady.i crop news. There was some talk of legislational Authorities. There have been rotate, levers move up and down,

inquiries from time to time for and the work is started. for the purchase of domestically this property, but ideas of its value the stockholders' name and ad- First, produced silver by the Govern have been so wide apart that your dress is stamped on the cheque, ment. Regular dividends

have Directors consider it in the best the amount of the dividend is re- been declared by American Can interests of the Company not to corded, the countersigning signa- and Allied Chemical, Business

Reserve Fund

.£3,000,000. .£3,090,003

Authorised Capital Paid-up Capital Reserve and Undivided

-Prosta

$10,000,000.00 5,598,600.00

TO-DAY'S QUOTATIONS.

2,312,000.00 On London-

T.T.:

Reserve Liability

of Pro-

prietors ..

.£3,000,000

Amoy

Branches and Agencies:-

Peiping

On demand .....

1/9% 1/3%

4 months' sight

1/34

Agencies and Branches:

Batavia

Penang

Credits 4 months'

Bombay

Rangoon

ALOR STAR

Calcutta

sight

1/4

AMRITSAR

KUCHING

ΠΑΝΟΣΟΣ

Canton

San Francisco

On New York-

BATAVIA

Haiphong

On demand

221⁄4

BOMBAY

Credits 60 dáys'

sight

23%

On Paris-

On demand

565

Credits 4 months'

Nagaonk!

Tientaln

sight

605

New York

Tokyo

On India

TONGKAR (Bhukat)

Ooake Paris

Vancouver

T.T.

863%

Yokohama

On demand

863%

Correspondents in all principal cities of the World.

On Shanghai-

On demand

761⁄4

On Kobe

On demand

103/

On Manlia.

KAN TONG PO,

Chief Manager.

On demand On "Singapore--

On demand On Batavia-

44

*66%

done: 600,000 shares.

On demand

55%

Air Reduction

562.

On Bangkok-

On demand

142

Sovereigna Bank buy-

ing rate

1/4% 172

Last To-day's Price. Price 58% 56% Allied Chemical & Dye 74% 77% American Can

65 57 American Tel. & Tel. 90% American Tob, "B" Anaconda Copper Mining

50

84%

80%

Auburn

33

20%

8

Nominal

จน

Nominal

32

.1% prem

Du Pont de Nemours

344

Eastman Kodak

5G

8% pa

Electric Bond & Share

1212

124 14

General Electric

197

134

13%

¡Generat

Foods

25

General

Motors

11%

Int.

Tak Harvester

Gillette Safety

14%

144

224

23%

Paris

86 29/32

Int. Harvester (Pref.)

8244

New York

3.41%

Int, Tel. & Tel

6

Montreal

4.11

Liggett & Myers "B"

ST

Loew's Inc.

10

10%

Brussels

24.502

Montgomery

Ward

13

13%

Geneva

17.70%

National Biscuit

36

30

Amsterdam

8.48

Pacific Gas & Electric

23

Milan

6612

Berlin

14.33%

Radio Corp.

Pennsylvania Railway

17%

18.

44

Sears Roebuck

172

1844

Manage

[7. Qusan's Roaż Central.

Hong Kong. 7th April, 1982.

Stockholm Copenhagen Oslo Vienna Prague

18.90

Standard Oil Co. of N.J. 25%

20

29 7/16

Socony-Vacuum Corp.

64

19

|

Union Pacife

Union Carbide & Carbon 22

234

31 Nominal

United States Steel 27%

73

28

114

25

Helsingfors

226

40 15/32

110

605

076

255

THE BANK OF TAIWAN, LTD.

(TAIWAN GINKO.)

HEAD OFFICE:-Taipeh, Formosa.

Incorporated by Special Imperial Charter, 1899.

Oectral Bank in Pormasa. Beck-Waterlased average amount .... 4.000.000 DRANCHES AND AGENCIES:

·JAPAN :-Tokyo, Tokobaina, Kobs, Desks.

Karenko, Telus. PORNOSA-Gime ag

Kakong Nino, Bhinekiku, Telaba, Trin Takao, Tamaul, Teen, Baito, Calio. CHIKA --Shanghai, Henlow, Amor, Foschow,

Awalow, Calon.

Blogspot, Barabaya.

OTBEM-mg Kong.

Bemarang, Belaria, Bombay. Londos. York, Pres

LONDON BANKERS

READ OFFICE:

16. Omon barch Straat, Londen, EC.A.

Authorised Capital

....£3,000,000 Subscribed Capital .... 1,800,000 Paid-up Capital

1,050,000 Reserve Fund & Rest. 1,217,927

DANKERS,

The Bank of England & Midland Bank, Lei

BRANCHES ;

Bangkok

Batavia Thombay

Проб Kedir

Karwold

Celovite

Kota Bharu

Colocobo

Kuala Lipis

Dallak

Kuala Lumpur

diatio

Now

Hang Loos FLOWTEX

New York

Baclays Bank, Lad., Lloyds Bank. End. Midland Bank. Lid, Westminster Bank, Ltd. The Bank Correspondenta fe all the principa Commercial Centres throughout the world. L NANTINA,

HONG KONG BRANCE -

1. Des Voix Ecol Central. Bong Long Ducatuber 4, 1981.

Manager

NEDERLANDSCHE HANDEL. MAATSCHAPPIJ, N.V.

NETUZELANDS TRADING MUCIETY)

BANKERS,

Metablished 1654

Hong Kong Off:-11, Queen's Bond Central,

Chen Keb Eat.

Manager.

Authorized Capital Paid-Up Capital Reaarves

THE BANK OF CANTON, LTD.

Established 1912.

Head Office:Hong Kong.

Ashorland Capital (ELX. Cammys..$15,000,hOG Paid Up Omplial Koperve Fund

BRANCHES 1-

ONE,ODD 2,150,000

Canton, angkal, Haskow, Bangkok,

aad en Franola.

LONDON HAKKERS :-

The Lloyd's Back, Limited. CORRESPONDENTS

En ali pristig of vitim of the World.

Foreign Exchangs and banking budanar af

cription inconected.

Data Depall Bolas (parious slume) ak n jourly

ial of from 3 to $44.

LOOK POONG SHAN,

.1.180,000,000 | .1. 80,030,000

.f. 20,015,000)

Hand Offos, -4MSTERDAM*.

Bariera and Omon---BATAVIA.

Branch: Banjarmasin,

Bandoor", Bombay, Caloríía, Charbon, Djambar, {skaria", The Nugue", Jiddah. Kobe, Makumar, Kedan, Palatobang. Paka, langan, Penang. Hangins, Botterdam*, Bettersag", Bangkal, Sugapore, Soses bela, Goerakarta (Solo), Tegal Tylatjag and "Wolierroden".

* Than fra have Sala Deposit Bosse to Lel

LONDON BANKEBS :—

NATIONAL PROVINCIAL, BANK LID,

Querpondente ali uvm the world. Barking Best- som et krucy description transected.

4. STOXKINK

Hong Kong, 21st June, 1982.

THE

Mang

Chief Manager. AMERICAN EXPRESS COMPANY,

THE YOKOHAMA SPECIE BANK, LIMITED.

Established 1880.

∙Capital (fully paid-up) Yen`100,000,000 Reserve Fund

INC.

Head Office:-45, Broadway. New York.

Capital Surpian

‚U.S.$8,000,000,00 ..U.S.$1,282.882.01

Bosvos..............U.8,$1,458,116.73

لصلاة

BRANCHES:-

.Yen. 119,750,000'

Kanalwedam

Antwerp

Head Oferi-YOKOHAMA,

Branches and Agencies at:

Glasgo

Ramarg

Barkle

Цапо

Placze

Brune

LAM

Alaxandria

Nagasaki

Besonde

Batavia

Nagoya

Barlin

Bombay

Calcutta

Canton

Dairen (Dalny) ̈·

Newchwang New York

Paris

Quaka

Pelping

Pengilan (Mukdan) Rangoon

Hamburg.

Hankow

Harbin

Hoa Loa

Honolulu

Hrinking

Karachi

London:

Los Angeles -

Mkallag

Rio de Janeiro SanFrancian)

Shanghal

Bones Alem

Gelre

Marodies

Ďaleko

Finansa

عالم

Moniroox

Zwick

Branches of American Express Com. pany in Principal cities of United States of Americs and Canada.

Prosog

Port Loule

(Mauritius)

Rap-good

Shangka!

Aleato

Kuantan (Pabang) Singapor

Madra

HONG KONG BRANCH.

Boursbars

Beary damcription of Booking and Exchange bust, CDG STADSCING.

Traveller Chaqume lasted.

Trustee and Executorships undar- taken.

INTEREST allowed of Ocrot Accounts and Pized Deposit at Bates that may be scertained i on application.

J. B. ROSE,

SPECIAL SALE

of

Brunswick

Records

AT 50 CENTS EACH.

For a few days only.

Bar Silver per oz.

Bar Silver in Hong

Kong

Copper Cash

Copper Cents ..... Rate of Native In-

terest

Chinese Sub. Coin ... 30% dis. Hong Kong Sub, Cola par.

LONDON EXCHANGES.

London, Yesterday.

Madrid Lisbon Athens

Bucharest

Belgrade

Rio Buenos Aires Montevideo Bombay .. Shanghai Hong Kong Yokohama

5% Nom 41 Ofelia! 33 Nominal 1/6 1/16

1/8 7/16"

1/8% 1/3

Borden Co.

Pacifc Motors

ed Gas of N.Y. 43

Drugs, Inc,

Westinghouse E. & M. . 24%

+ bid.

LOCAL DOLLAR UNCHANGED.

Pound Steady In New York.

has 5,000 an hour. The machine Plant counts the cheques twice, once as

part with the property at present. ¡ture is printed and the finished "Reverting to the acounts you product emerges at the rate of will notice that $32,305.81 been spent on additions to and Machinery.

they are fed into the contraption "During the past two years the and again as they emerge. plant has been added to and is now This labour finished, mere man up-to-date in all respecta; it is ca-lis called into play, Employees, 35% pable of a larger output than the working in teams, compare the 2112 214 present demand calls for.

8%

printed cheques with the stock- "With the exception of a new holder's name and the amount of 44% motor installed and paid for this his dividend payment which is 33% year no further additions or rene carried in the corporation's led- 35% wals to machinery are anticipated ger account.

0%

in the near future.

The cheques are then placed in "In view of the present trade de-a compartment of another ma- 25%pression, restricted demanded and chine. Other compartments con- 124 keen competition, I do not care to tain envelopes, notices and adver- prophesy; but, so far, I may say the tising matter, usually enclosed 3814+ quantity sold in 1933 compares fa with the cheques. Steel fingers

evourably with the average for past crasp each cheque and other li-. 674 years.

terature and all of this slides in- to the gaping void of an envelope, The adoption of the accounts which is finally moistened me-- 23% was then proposed by the Chair chanically and ready for the post-

Report Adopted.

man, seconded by Mr. W. 44mern, and carried unanimously.

Zim-

man.

A delicately adjusted gauge

The ro-election of Mr. J.:Scott

64 Harston and the Hon. Mr. J. P. Will halt the machine if two che Braga as directors, was proposed ques should be inserted in one by Mr. H. Dreyer and accended by envelope or if a cheque or notice

is omitted-Reuter Mr. J. Dick.

The local dollar has remained unchanged at 1/95%.

Mesare. Percy, Smith, Seth 'and'

Fleming and Mesars. Linstead and

Davis were appointed auditors for

a further period of twelve months SPAIN REPRESENTED

on the motion of Mr. J. H. W. Ho-¦ wie soconded by Mr. W. McLean.

The directors present were, Mr.j A. L. Shields (Chairman), Sir Bo: bert Ho Tung, Mr. J. Scott Harston and the Hon. Mr. J. P. Brags.

Among the shareholders present were: Messrs. A. A. Botelho, H. Silver prices, both spot and for-Dreyer, J. Dick, W. McLean, J. H. ward, advanced 1/16, being quot-W. Howle, I. W. Shewan, W. Zim South African £93%--£100% per ed this morning at 17% and mera, F. L. Silva, H. J. M. de Fi-

£100 Sterling.

gueiredo, C. W. L. Cole, J. Toppin Silver Spot: .....

17 Silver Forward

Cross rates were this morning, and F. J. Tavares. 17 9/16

£-G$3,41% - and £—G$3.41%% for; War Loan 84%. 101 7/16`,

-British Wireless - Servicen

SHARE MARKET.

The official summary of the Stock Exchange was issued 'at} 10.30 a.m. to-day:-

Banks and Insurances were all ¡quife firm this morning, and in strong demand. The other sec- tions in the list were fairly steady,

Telephones displaying resistance, and being readily taken up when offered.

TSANG FOOK PIANO China Lights, Star Ferries and

COMPANY.

9, Ice House Street,

1

HONG KONG

Telephone 24648.

LATEST MODEL ROLLIEFLIX CAMERAS

The camaran- that take 12 exposures ́on: a roll-flm.

MIMOSA PLATES PRINTING PAPERS & FILMS. Painted Embroidery Colourful & Artificial INVENTION OF BEAUTY.

All inses of Commercial Bankier fast attractive creation not only for Transactions" undertaken.

Beattie

Banarnog

Shimonosek

Singapore

Поставата

· Pariona), investment handled

Bydney

Tokyo

Tringtas

The Company offers to Intending "Intarent" allowed' on. Current As- Travelers thanas of 4ta:C"Travalaru ODERIA

Cheques"), and Letters of Credit and, in- addition, the world-wide, seriou at rates to be obtained on application of fix thoroghly equipped Travel De

Deposita received for fixed periode

Hong Kong 11th March, 1995-

WDUGGAN.

ladina, but also for cushions; kesäker- |chlefs, {und ornamental - articlos for

* DISPLAY IN OUR STORK,

ORIENTAL ART CO.

Agente p

SEK CO.

Sales. Providents (Old), $4. Hong Kong Lands, $72. H.K. Realties,' $7.

Hong Kong Tramı, $211⁄4" Chión Lights (New), $9. H.K. Electrics, $711⁄2. Telephones, $27.49. " Dairy Farms, $27;,\ Watsons, $8. Amusements, #123⁄4,

Constructions (New), 75 cents.

*Buyers."

Hong Kong Banks, $1,725.) Canton Insurances,. $1,360. Union Insurances, $550. H.K. Steamboats,” $22. Benguet Explorations, 28 cents. Hotels, $6.90, PDF HUM Hong Kong Lande, #711⁄2. Chinese Estates, $95, Hong Kong Trams, $21. Star Ferries, $90%

China Lights (Old), $12.85, China Lights (New),- $9,60. ILK. Electrics, $71. Macao Electrics, $25. Sendakan Lights", $106.uk Telephones, #27% PARTNE Cements (Combined), $6 Constructions (New), 75 cents. B. Ind. G, Bo Goyt, Loans, 5%

∙Baubi $10.

Hong Kong Lan United Theatre

17-9/16, respectively.

BY BRITISHER

International Music

Competition.

DISCOVERING NEW TALENT

Madrid.

An Englishman, Mr. Frank Marshall, is to represent Spain in the second international compe- tition for singing and the piano,

26 to June 16 this year.

the London on New York, and New LONDONERS TIRE OF to be held at Vienna from May

York on London rates, respective-į ly, as comparad with 2-G$3.41% |and £—G$5,41% (yesterday.

SALVAGING COPPER TREASURE. Attempt To Locate British Ship.

Genoa.

in

An attempt to salvage treasure, the shape of a thousand tons of copper, from a British ship sunk 20 years ago, 12 miles off Tunis, fel

NIGHT LIFE.

"Early To Bed”. Move In City.

He will be a member of the in- ternational jury in the piano sec- tion.

Mr. Marshall, who has spent most of his life in Barcelona, studied under Enrique and when London the latter died succeeded him as People in London seem to be head of his Academy, which is going to bed earlier. Few res now known throughout Catalonia taurants stay open after 2 am as the Marshall Academy. Its for 3 a.m., and apart from the speciality is Spanish music. large public halla, few festivities The object of the competition

go on until dawn, as they did is to discover now talent and just after the war.

those who are already known on A year or so ago, the film people the concert platform and stage were holding their "trade shows" are debarred from entering. A of big films at midnight. They grant of 20,000 schillings (about to be made by the famous "Sorima" have largely stopped that now. £700) has been made by the Company, which was responsible

Recently the writer went to Vienna Municipality for prizes for the recent salvaging of the gold Lady Mount Temple's Midnight and scholarships. Bunk In the P. and O. liner, "Egypt Matinee at the Regal Cinema, in 700 candidates took part in the More than off Ushant. A

aid of a hospital. There were competition last year.

In the forthcoming attempt, the all kinds of attractions. Beauti Others who will sit on the in- company's second salvage ship, ful film actresses to sell you pro- ternational jury for the piano in- Rostro, will be used, as the famous grammes, Lady Brecknock and clude such well-known artistes as Artiglio, which brought the Egypt's Gertrude Lawrence is ornaments Miss Myra Hess (representing gold to the surface, will be employ in the audience. Sir: Gerald da England), Alfred Cortot and ed elsewhere--Reuter.

Maurier in a stupid little play on Backhaus, Sir Henry Hadow re- the stage. The first showing of presents England on the jury for NEW YORK MARKET BRIGHTER a British film on the screen. Dan-singing-Reuter.

(Continued from Pape 1.)

The wheat and cotton markets rul-

cing in the ball-room attached to the theatre, And a bar open un- til two o'clock,

Yet before the performance DUELLING IS DYING AT LAST ed strong on an inflation rumour was over a lot of people went and also bad wheat prop news,home-yawning-Reuter.

Bilyer ruled steady, There was some talk of legislation for " the purchase of domestically produced silver by the Govern

BRITISH – OFFICIAL PASSES. THROUGH

Budapest. Duelling a dying in Hungary at last.

It has resisted the passage of years and the efforts

out now

Regular dividends have been de- Mr. M. Snow, the newly appoint- Chorlti clared by American Can and Allled ad. Counsellor to the British. Em- the cr Chatulcal" omr

Bond averages fell

basay-at-Tokio, "--accompanied by to av 11% to Mrs. Snow, Helt Hong Kong yaster» » A 76,17, but Industrial, rall and qüilf day on board the Dollar liner s.s, add

by averarm showed - imi advancing 12

| 02, 27.83 and 20,95, raspo

Reuter

ament, President Hoover, en route toĵJa-j

45) Mr. Bhow arrived in Hon : Kong

i on a Dutch steamer from: J

the