1933-03-31 — Page 4

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION.

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

loved and Pally Pudup

Laserra Funda 1-**

Berling 003

Chalean:

.་་

AVEITSAL

DANOXOX

Kasarre Liability et Propelsteen some $30,000,000

HEAD OFFICE: BONG KONG

BOARD OF DIRECTORS.—

T. 1: Pro En.

T. If Skas, Kuq.

Deputy ChairmaE,

13on. Mr. J. J. Palarmen.

d. L. Compion. Bag.'. J. A. Flummer, Kaç Hus. Mr. 4.0.8. Mackin, J., P. Warren, Esq.

4. Miskin, Raq

V.M. Oyburn, Virgi

„ALDE STAR

BATAVIA BOMBAY

CALCUTTA

GANTON CAWXPORE GERD

MADRAS

MANILA “MEDAN -

NEW YORK

PRIPINO (Fakingi FENANG BANGOON BAJOON KENALANO

SHAKOHAL

BINGAPORE

MITIAWAN

W. 1. Bell, K.

AMOT

BANOXOX

BATAVIA

DOMBAY

CALOUTTA

CANTOX

ΟΠΕΡΟ

COLOMBO

Chial inaugur

BRANOLLES-

LONDON LIONE

'MANTLA

COLOMBO

DELHI

HAIPHONG

'HANBURN.

BANKO

STARRIN

MUAN LInkers,

rald Tone

HVIDEX

ILOILO

NEW YORK

ZPON

TEIPINA

KARACHI

KLA KO

KOBI

KUALA LUMPUS

KEREM SAN

TAIPING

THE CHINA MAIL,

Commerce and Finance

NEW YORK STOCK EXCHANGE A.O.F.C. Quotations.

intberid Capital sumum

Incorporated by Royal Charter, 1888.

****** 20,000,000

£4,500,000

HEAD OFFICE: LONDON,

EXCHANGES.

$16,000.00

TO-DAY'S QUOTATIONS.

Paid-up Capital

Reserve Fund

£3,000,000 On London- £3,000,000

TATA

Reserve Liability of Pro-

pristora

1/3%

.£3,000,000

On demand

1/9%

4 months' Bight

1/3/4

Agencies and Branches: '

Credits 4 months'

EUCHINO

sight

·1/44/4

On New York.....

On &amand

2244

Credits 60 days"

sight..

2336

On Paris-

On demand

567

Credits 4 months"

sight

6071⁄2

BOUMABAYA

On India-

T.T.

TIENTSIN

86%

TONGHAI (kuker)

On demand

86%.

FRINOZAO

YOKOHAMA

LAMBDAKOA

and

On Shanghai--- On demand General On Kobe.......

761⁄4

On demand Manila-

On demand

On Singapore---

On demand

10344

442

56%

| On Balavis-*

On demand

3534

On Saigon-

On demand

56

On Bangkok-

Air Reduction.

Last To-day's Price

57

67%

On demand... Sovereigns Bank buy-

ing rate

142

70%

American Can

American Tel. & Tel.

1/4%

17 9/16

American Tob. "B" Anaconda Copper Mining 6% Auburn

59%

82%

927

Nomina!

Bordea Co.

204

Nominal

Canadian Pacifie

Chrysler Motors

1%, pret

Consolidated Gas of N.Y. 43%

43%/%

Drug

Ine.

32

30

Du Pont de Nemours. 34% Eastman Kodak

84

G&

Electric Band & Share. 12%

General Electric

127

General Fonds

25

General Motors

11%

11

22

HARLO

ТРОН

JOHORK

KORR

BILANGHAI

KINNAPORD

MASS PRODUCTION GOVERNOR

AND WORKLESS.

Economists' Latest

Explanation.”

COTTON WORKERS' FOLLY.

“Maldistribution of gold, inter- national debts, reparations and

FRIDAY, MARCH 31, 1933.

PHILHARMONIC SOCIETY Annual Report.

OF MACAO

IN COLONY

Met By Guard Of

· Honour.

ORDER TO BE PRESENTED TO SIR ROBERT HO TUNG

·

$956 LOSS ON "FOUNTAIN OF YOUTH"

The Hong Kong Philharmonic Bo- ciety's Balance Sheet shows: “a losa”, of 891.96 during the year 1932-33. "The Fountain of Youth was re-

A large crowd gathered at sponsible for a loss of $956.59. The amounted to

104

tariffe have been variously used as explanations of the present de- plorable state of Industry New York, Yesterday.

throughout the world; there is, Queen's Pier this morning to wel- liabilities shown Dow Jones Averages.

Last To-day's Changea, however, no general agreement come His Excellency the Governor $322.56, but were compensated by a Aver. Äver. 30 Industrials 56.81 66.49 32 down about the relative to be given to artes Miranda, who, accompanied The report of the committed among economists and politicians of Macao, Senor Antonio Jose Ber surplus of $205.70 brought forward

from the last accont 20 Ralls

.... 27.11

36.74 40 down each item in the list," writes by his daughter, arrived at the Pier stated 20, Utilities.20.41 20.40 .01 down 40 Bonds.74.93 74.75 18 down correspondent in "Engineering.”

Messrs E, A. Pierce & Co. Re- Possibly this failure to reach at about 12.15 p.m. The landing The Membership of the Society port:-There is no fundamental agreement is the cause of the re- was delayed owing to the late at numbers 37 Vice-Presidents, 2 change in the market. Increasing cent addition of a new "explana- rival of the .. Sui An, on which Subscribing Members, and selectivity is not noticeable, some tion" of the world-wide unemploy His Excellency travelled from Ordinary Members including those stocks ruling strong, while others ment which is the most evident in Macao.

on leave are weak.

The comic opera "The Fountain of The weakness of one dication of the collapse of busi- issue

His Excellency the Governor, Youth" was produced in January. was not communicated ness.

Sir William through the whole list. It seems

This latest contention is that the C.M.G., was present at the Producer, and Mr. D. Smith Hill, as Peel, KCB, Mr. S. A Sweet acted 18 Hon. the undertone is gradually grow unemployment is due to the spread Pier to greet the visitors, also Hon. Conductor, to whom the thanks ing firmer: Scattered selling of of mass production. We do not His Excellency the C.-in-C. Ad- of the Society are duo. wheat on an announcement the know to whom this notion is due, Farm Board would order Co-opera- but it has proved very useful to the CB.E., And His Excellency the Hon. Theasurer have been carried

miral Sir Frederick Dreyer, C.B., The a

dues of Hon. Secretary and tive Societies to liquidate loans, daily newspapers and public speak G.O.C., Major-General O. C. Bor- aut during the season by Messrs.

The cotton era, in their search for something market ruled firm on broader de-new to say about a phenomenon rett, C.B., C.M.G., C.B.E., D.SO. H. J. Best and D. Buchanan respec- mand. The Silver market ruled which aurpasses not only their cx Lincolnshire Regiment, and the Society are gratefully tendered.

A Guard of Honour of the tively, to whom the thanks of the quieter and tendency is lower. perience but, apparently, also their Business dane: 620,000 shares. political economy.

band of the same regiment were, The Committee desire to place on The idea that mass production drawn up at the Pier, and after record their indebtedness to Price is one of the causes of our troubles an inspection, the visitors left those who worked so hard toward Allied Chemical & Dy the recent annus! dinner of the In-the Armoured Car Company of the use of the Cathedral Hall for

was even advanced by a speaker at for Government House, escorted the success 70%

of the show; to the by the Motor Cycle Section of Cathedral Church Council 90% stitution of Mechanical Engineers, 50% while it can be found in the most the H.K.V.D.C. The Portuguese Committee meetings, and to Mr. sober newspapers, one of which re- Company of the H.K.V.D.C. T. A. Martin, A.3.A.A., for auditing 20cently put forward this theory informed a Guard of Honour at the accounts.

7 one issue and a day or two later Government House.

The Committee regret that a loss This afternoon, His Excellency of $956.69 was made, on "The painted out how foollah Lancashire

the Governor of Macao will acFountain of Youth." The.financial mill-hands were to oppose the operation of more looms per work-company Sir William Peel on a result of the year's working IB-a tour around the Island, while loss of $91.93 bringing the Surplus 64er, thus preventing that greater Miss d Miranda will visit the Account down to $113.74.

attracted attention.

DAIKEN -

FOOOKON HAIPHONO TAMBUKO

HANKOW WARDS

HOMOKEY

KOWLOON

KUALA LUMPUR

PENAKO

RANDOOK

BAIGON

BAN FRANCISOD

BOURABATA

RUNGEI PATANT

TIENTSIN

TOXYO

TSINGTAO YORQUAMA

„Qurteus Ammounts oppond in Local Currency and Fred Deposits, received for and you or borbe periode is Lool Ourrendy and Marling

for which will be quoted in application. Hong Kong, 25th. February, 1983.

HONG KONG SAVINGS BANK

The Beton of sie abere Bash le nasılarbei the BONG KONG IND BANGKAI BANK- 118,00RPORATION. Be sumy ka skibland 36 #ppliesitu

FOR A NOKONG AND SHANGRAI 4A FRENG CORPORATION,

**, M. QRATRUME.

Paie! Manage

Hong Kong, 28th 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 Overnes-Chiness Bank, Lid.

Head Office-Singapore.

Foreign Exchange |Banking business transacted.

Current Accounts opened and Fix-On ed Deposita received for one your or shorter periods at rates which will be quoted on application.'

A BREARLEY,

Manager. Hong Kong, 17th November, 1082

THE BANK OF TAIWAN, LTD.

(TAIWAN GINKO.)

HEAD OFFICE:-Taipeh, Formos.

Incorporated by Special Imperial Charter, 1899.

Conical Bank in Formosa. Bank-Netos lannad Average amoun) 40,000.

DRANCHES AND AGENCIES, JAPAN |1=TWUys, Yokohama, Kobe, Cheaks.

Bark, PORKOSA Hina,

El Makong, Diante, Bhinchiku, Takko Tylgan, Takso. Tarned, Tows, Halia, Aalto, OBINA-benghal, Banice. Amer. Foo",

Bvalor, Caulow

OTBEER-Hong Kong, Bingsport, Bonesera. Bamarang, Batavia, Bombay, London Kor York, Darea.

LONDON BANKENH

Barclays Bank, 110., Lloyds Zimuk, Káď. Midland Bank, Kids, Worttaluster Bank, Lad

The Bank has Gorrispondente in all the pefnoips | Commercial Centres Miroughout the world.

K. MAGURA,

HONG KONG BRANCH ;_

A Dm Vour Road Central Hong Kong. December 4, 1987

→→ NEDERLANDSCHE HANDEL-

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

Authorised Capital:-

Straits $40,000,000,00.

Paid-up Capital:--

Birafta $10,000,000.00.

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

of Banking and Every description Exchange business transacted.

MAATSCHAPPI), N.V.

KETHERLANDS TRADING SOCIETTI

BANKERS.

Stahljahed 1134

Hong Kong 06mt-il, Queen's Hand Cocus).

Bar Silver per oz. Bar Silver in Hong

Kong

Copper Cash

Copper Cents

Rate of Native In-

terest

81%% D.. Chinese Sub. Coin ... 30% dis. Hong Kong Sub. Con par.

LONDON EXCHANGES.

London, Yesterday.

87 5/16

Cillette Safety

Int Harvester ...

Int. Harvester (Pref.)

In Tel, & Tel.

Myers "B"

18.90

22 7/16 19

12% production per individual which is

All

for

necessary if this country is to hold sports meeting of the South The annual general meeting of its position in the markets of the Wales Borderers at Sookunpoo, the Society will be held at the "accompanied by Miss May and Cathedral Hall on Monday, April 10,

14% world.

In examining this question, it is 90% but fair to note that the majority

of those who write and speak on the subject appear to have little or no knowledge of any manufacturing industry.

Lieut. Hebert, R.A.

---To-night there will be an

at 6.30 p.m.

official dinner party at Gov- SPENT SEVEN YEARS SPENT SEVEN YEARS WALKING HOME

ernment House, at 8 pm followed by a reception at 9 p.m....

No arrangements have been

They apparently nourish their doctrine on

two delusions: First, made for to-morrow morning, that most things are now made by but in the afternoon, His Excel

lency will drive round the Now! the

same methods 88 those on

Territories with the Consul Gen which motor. cara are made In Detroit; and second, that during eral for Portugal 28% the last ten years there has been will be held at 9.30 p.m. at the 24

Paris

53%

New York

3.43

Liggett &

5714

67

Montreal

4.122

Locw's -Inc:

10%

Manager

Brussels

24.592

Montgomery Ward

10%

13

18

Nations! Biscuit-

Geneva

17.79%

853

Pacific Gas & Electric

21%

234

Amsterdam

8.51

Milan

66 13/16

Radio Corp.

Pennsylvania Railway

17%

174

4

4

Berlin

14.38%

Sears Roebuck :

17%

17%

Stockholm Copenhagen

Standard Oil Cor of NJ. 25%

20%

Socony-Vaequm, Corp...

|Union Carbide & Carbón "22%

23

Oslo

Union Pacific NY.

Vienna

31 Nominal

Prague Helsingfors

United Stater_Steel Westinghouse E. & M. 24

71- 284

71

A reception FINDS

War Prisoner's Trek Across Europe.

CHANGED CONDITIONS

Madrid

Lisbon

40 9/16 110

Athena

60214

The official summary

Chan Keb HIL

Manager.

Authorised Capital Paid-up Capital Rozerves

.1,150,000,000

Bucharest Belgrade

.1. 80,080,000

Rio

...f. 20,015,000

Buenos Aires Montevideo

THE BANK OF CANTON, LTD.

Established 1912.

Head Office:-Hong Kong.

Askariel Capital (B.R. Curreway)...$11,000,00

Pull-Up Ongliai

Korvi Fund aumen

DEANCHES 2-

1,680,000 $,150,000

L'asion. Buanghai Hakow, Bangkok,

and a Fescola

LONDON BANKERS :--

The Lloyd's Bank, Limited.

CORRESPONDENTE

La il primol, al céllas of the World,

Foreign Exchange and busiting buntows of

atary dowription Tramadad.

Bata Depali Bones (various slave) at a poorly

vassal of from #i la þá.

LOOK POONG SHAN,

Band Ofor...---AMSTERDAM",

Boston Hood (Mosz--BATAVIA.

Bombay

115 2262

575

256

6% Nom.

...

SHARE MARKET.

n sudden and remarkable increase Club Lusitano. in the application duction methods.

of mass pro-}

Belgrade.

During the latter reception, A man has spent seven years His Excellency, the Governor of walking home and then he on-

of

On the first point it is only secca- Macao will present Sir Robert Holy stopped one day. of the Bury to say that mass production, Tung with the Grand Officership This man, Nikola Bunjanin, Stock Exchange fraued yesterday in any proper sense of the term, of the Ancient Order of Christ, tramped from the shores of at 3.30 p.m.

is in the main confined to new in- an honour bestowed upon Sir Lake Baikal, on the border With very few exceptions, there dustries which would never have Robert some time ago, by the Irkusk (Asiatic Russia) to his 41 Oficial R. was not very much animation income into existence on their pre- Portuguese 'Government, home village, Graberja, near Pe

markets to-day. Hotels, however, sent scale if methods of that kind Owing to indisposition, the trinja showed some activity, having been had not been developed...

wife of HE. the Governor was He found that: dealt in fairly large quantities both These methods are confined to unable to accompany him on his He had been declared dead 15 for cash-and-forward delivery.

articles required visit to the Colony. relatively small

years ago, Sales.

¡in very large quantities, and so far

from causing unemployment have, MEASURING HEAT by making such articles available at moderate prices, created new markets and new employment on a very large scale."

Shanghai

33 Nominal 1/6 1/16 1/8 9/16

Djoki

Hong Kong. Yokohama

1/4 1/3

| Kesarioir -Banēļarmsalu, Bandung, Bombay,

Calvetia, Guadion, Djember, jakarte", The Hague", Jiddal, Loba Kakatos. Kodas. Palambang, Pás longan, Penang, Bangoos, Bottariata”, tamaring", Obangkai. Slumpers, Bows bale, bosenkarsa (on), Tank Tything and Welievreden”,

* Than offres hars Hafe Deposit Botas to Let

LONDON BANKERA :--

NATIONAL PROVINCIAT, BANK Lip.

Correspondente all groc the world. Banking Bust- zams at ovny description transacted.

4. ATUIKISL

Kong Kong, 21st June, 1982.

THR

Chief Manager. AMERICAN EXPRESS COMPANY.

THE YOKOHAMA SPECIE BANK. LIMITED.

Established 1880.

Capital (fully paid-up) Yen 108,000,000 Reserve Fund

‚Year: 119,750,000)

Head Office:-TOKOHAMA,

Alexandria

Bateria

Bombay

Calcutta

Nagnand

Dairen (Palny)

Nagors

Newchwang

New York

Osaka

Palpina

Fengtian (Mukden)- Rangoon

Harbin

Rio de Janeiro- San Francisco Seattle

Bemarang

Shanghai

Shimono all Blagapore „Soerabaya

Hoa Trong Rosolalo.

Hainking

Kai-Tues

INC.

Read Office: 65; -Broadway, ̧

New York.

...U.A.$8,000,000,00 .........‚U.S.$1,882.382.06

Capital Burplus

BRANCHES:

Reserved...U.S.$1,458,116,78 -

mán · Carla

South African £99%-£100% per

£100 Sterling. Silver Spot

Silver Forward War Loan 3%

17 9/16 17%

101 3/16 - -Rritish Wireless Service

L. 1. D. CERTIFICATES

Of the Societ Internationale de (Switzerland) Placements Basle

Local Agents Messrs. A. Goeke & Co. to-day's official quotation · in Baale is L 2.18. Od. accrued divid- end is Swiss centa 76 per sub-unit.

THE BANK OF EAST ASIA, LTD.

Head Office: Hong Kong,

No. 10, Des Voeux Road Central.

Established: 1918..

Authorised. Capital

Paid-up Capital Reserve and Undivided

$10,000,000.00

6,598,600,00

5.

Union Insurances $562. Benguet Explorations 20 cents Hotels $5.95/7.10.

Hong Kong Lands $72.

· Hong Kong Trams $21.- Amusements $1214. Constructions (new) 75 cents,

!!... Sellers.

Hong Kong Banks $1725, Canton Insurances $1370. Union Insurances $655.'

H. K. Steamboats $22. Benguet Explorations 23 cents. H.K. & K Wharves $127: Providents (new) $1.86, Hotels $6.95.- * Chinese Estates $95. Star Ferries $90%

China Lights (old) $12.30. China Lights (now) $9%. H. K. Electrics $71. Macao Electrics $25. Telephones 327Y. Cements (Combined) $6. Amusements $12. Constructions (new) 65 cents. B. Ind. G. Bonds 87%.

H, K, Goyt,' Loans 6%. Prem.

Buyers 2,312,000.00 Rauba $10%,

Balgon San Francii Seattle

Profits

Branches and Agencies:

Amori

Pelping

Batavia

Penang

Dombay

Rangoon

Calcutta

Canton

Haiphong

Hankow Branches of American Express Com Honolulu pany in Principal elties of 'United : Kobe States of America and Canada tr Kowloon

London Manila

All glasses of Commercial Banking Melbourne Transactions undertaken.

New York Personal Investment accounts] Osaka bandled

Parla!

Arang

Singapore Sourabaya Swatow Sydney Taikoku

Tientsin Tokyo Vancouver Yokohama

Providenta (old): #4- Shanghal Docks Tis. 98. Hotels $7.05

Ewo Cottons Tis. 12, United Theatres Tis. 8.

AMERICAN COMPANIES": EARNINGS IN 1932.

POLISH CURRENCY SITUATION.

Warsaw..

OF STARS.

American Institution's

Discovery,

His estate of 6 acres had been

sold,

His cottage had fallen to pieces,

and His fiancee had married long ago, and her eldest daugh- ter was about to give birth to a grandchild."

Nikola left his home village in 1911 to serve in the Austrian army. Just when he should have Bcience's stunt of measuring the been demobilised war broke out

Washington.

The notes in circulation in Po- land decreased in, the year of 1832 eat of a burning match a mile and in 1915 he was taken prison- by 215,500,000 zloty to 1,002,800,000 away is a back number now. The er by the Russians. For 18 zloty on December 81, 1982, as com- Smithsonian Institution of USA. years he remained in Russia. His pared with 1,218,800,000 zloty at has announced a new instrument many attempts to escape during the same date of 1981 Including expected to do much better. the war failed and he was sent the silver coins the total money in It is the "kampometer," believed to a remote part of, Siberia. He circulation amounted at the end to be the most sensitive best mea- did not know that the war had of 1932 to 1,826,800,000 zloty which surer known to man, ended until some years after constitutes a decrease by 184,400,- The real uses of the instrument peace was made. 000 zloty as compared with the will be in such delicate acientific

tasks as measuring the heat of foot, the journey back to his na Seven years ago he began, on figures at the end of 1981.

distant stars, the temperature of tive place. Begging or working, selected spota on the surfaces of to keep himself on the way he planets, and other difficult but im-came across Russia and Turkey portant tests that involve the acto Istanbul. Then via Bulgaria curate registering of tiny amounts and Hungary. of radiated hest.

He has now returned to his The "kampometer" is operated life of wandering from country

VIOLENT SLUMP ON BERLIN BOURSE

(Continued from Page 1.)

demns the authors of such reports for which It cannot assume the elightest responsibility.

The Association severely con-by the unequal "expansion of two to country begging or working

diferent metals when exposed to his way, Reuter. heat radiation, and the force of two magnetic fields," or "fields of} force that surround magnets, working against each other-Reu

HELENA MAY CONCERT.

FORTHCOMING LOCAL MARRIAGES

EXCESSES ADMITTED, The statement goes on to say that

The forthcoming marriages AIS in the course of the great political

announced of Mr. Roberto Estavao change which Germany hai, been

Marques a clerk in the employ of going through certain actions of

(the Hong Kong and Shanghai' A preliminary summary of the political vengenance and also ex-

Banking Corpresiding in the reports of earnings, of 375 Ameri- cesses against Jews have taken place

Peninsula Hotel, to Miss Alberta can companies for 1982, according but that the Governments of the

Cordeiro of 222 Wanchal Road; of to the National City Bank, of New Reich and the Federal States have Last Of The Season,

Mr. Edward Goval Tapley, Master York's Monthly Review for Febru- successfully exerted themselves to

Mariner of the Claremont Hotel, to {ary, shows a combined net profit restore order as soon as possible, and

large audience gathered at the Miss Florence Irene Drake of the (before apportionment of dividends that, the Chancellor's order to cease Helena May Institute, last evening, same address, of Mr Alberta Ed- The Company offers to intending?

Correspondents in all principal cities and after allowing for all charger all political terror bore immediate when the last concert of the sex-ward Xanier to Miss Everding Ziravelers, the use of ita. (“Travelms of the World rake pads | Chequal); and -Letters of Credit and

Augusta Crux of 2 Granville Ror Deposita", recufrad - for fund

periods in addition, the "world-wide services vet rates to be obtained on applestion. of its thoroughly equipped Travel De-

Karachi

London

•Los Angeles

Maalla

Interest allowed.

Hong Kong, 18th March, 1982)

EW. DUGGAN

Every description, of Banking Exchange business transacted. - Loune grated on approved securities.

Bafa Dapostit: Boxes To Let

KAN TONG PO

Chiat Manager.

and deducting the def $56,000,000,-. * decline

from 1981: Deßeits were repor by: 55

son" took place... Both The Association views with deep and vocal malactions"we

concern, the-anti-Semit

revealed lately in var

are the re- ments of life and busines

stories the fight against bonded purely domektir

art.

debt.