1933-06-13 — Page 4

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION.

Authorland Capital

Inroad and Fully Falling username: 15,000,000 Kunners Funda 1-

Berling

-

$18,008,808

Reserve Länäliity of Proprietors ....... 15,200,000

HEAD OFFIER: BONG KONG,

p

BOLED OF DIRECTORS :—

5. R. Peoria, Bog. Chaleman.

T. 1. 12. SŁAW, Mag.

Deputy Chalem.

J. K. Borsfield, Reg.

.. Dodwell, Koç.

4. B. Compion, T. Hoa Mr. C.U.S. Mickle.'

Mor

*TYXDE

BATAYIA

BOMBAT

CANTON

CALOUTTA

UKPOO DAYTO

a Mokia, Bog,

Hon. Mr. J. J. Polarson-

3. A. Piumene. Begi

12, 16, Murphy, Bag, Acting Chip Manager.

BRANCITER 2--

KANILA

LOX DOX

LIONS

MALACCA

KUAR (Jokers)

MUKDEN

NEW TORE.

PEIPING

DAILEN POOOBOW

TEXAZO

BANGGON

HAIFE004

HAKBUBO

BAX FRANCIBOO

BRAXORAT

SINGAPORE

EMNKOW BANDIN BONGLEW

ILOILO

DOH

JOHORE

КОБЕ

KOWLOOK

KUALA LUMPUR

BLIGOX

BOURABAYA

BUNGHI PATAXI

TIENTSIM

TOLYO

ΤΟ ΣΚΩΤΙΑ

ТОКСДАМА

Oversol devonols opened in Lont Currency

and Fixed Deposite received for me your or baci pride in Local Dermany and Blockag

which will be quoted or appčenilen Hong Kong, 22nd May, 1933.

SAFETY FIRST !

To Safeguard Your Valuables and Jewelleries, Deposit them in a Vault

that is really: FIRE-PROOF BURGLAR-PROOF DAMP PROOF!

OUR SAFE DEPOSIT VAULT localed on the Mezzanine Floor of Our New building is Specially Con- structed to provide all of these Im. portant Qualities.

You may obtain a Safe Deposit Box in this most up-to-date Vault for your own use at a very moder- ate. Rental.

Inspection Cordially invited. THE NATIONAL COMMERCIAL & SAVINGS BANK; LTD............. Corner of Ice House Street, and Des Voeux Road, Central

HONG KONG SAVINGS BANK.

* HONG KONG AND BHANGHAI BASI 126 002PORATION. Bulon jay be shoelaed

# THE HONGLONG AND THANUMAI AMAZING CORPORATION.

LAN. MUBPAY,

Hong Kong, 24th April, 1883.

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

Incorporated by Royal Charter, 1853.

HEAD OFFICE: LONDON,

Paid-up Capital

Reservs Fund

Easerve Liability of Pro-

pristors

...£3,000,000 £8,000,000

:$3,000,000

Agencies und Branches:

ALOR STAR

LUCHING

MADKAR

ABORITBAR

BANG KON

BATAVIA BOMBLY CALOUTTA. CANTON CAWETURS

COLOMBO

HAIP HOME HAMBURG

HARK

HOBO SONG HONO

XPOH

TARAUDE

KLANG

IDEX

KUALA LUMPUR

KAKYLA

KEDAN

NEW YORK

TERANG TANGOAN LATGOI

JIMABANO

KERENAX

SHANGHAI

SINGAPORN

SETIAWAN

SOURABAYA TAIPARO

TIEXTRIN

TONGKAH (Bh

TENGZAO

YOKOHAMA

MAMBOANGA

Foreign Exchange

THE CHINA MAIL

Commerce and Finance

NEW YORK STOCK EXCHANGE

A.O.F.C. Quotations.

New York, Yesterday.

40 Bonds....84.48 84.62 ..14 up Messrs. E. A: Pierce & Co. Re- port:-The action of utility issues confirms the previous beliefs that the whole market looked as though | the climax had not been reached

EXCHANGES.

TO-DAY'S QUOTATIONS.

On. London-

T.T.

On India--

THESE MODERN BOXERS

"Fighters Of To-day

Don't Train.

JIM JEFFRIES TALKS

Burbank, California.

TUESDAY, JUNE 13, 1933,

ST. PETER'S CHURCH

SERVICES.

Meeting Called For Thursday.

of

-NEW ADVERTISEMENTS.

THE CHAPEL OF ST. PETER

Sailors Home and Seamen's Institute, Gloucester Road.

In view of the suspension services in St. Peter's Church, West TN view of the suspension of fer- Point, at the end of this month, a

vices in St. Peter's Church, meeting will be held at the West Point, at the end of this Jim Jeffries, former world's Sailors' Home and Seamen's Insti- month, all Members of the Elec heavyweight champion, paused in tuts on Thursday, June 15, at 6.50 toral Roll of that Church and This ranch duties on his 58th. birth- p.m., to discuss future arrangements others interested, especially resi day to mention several things in connection with the services in dents in the Eastern Districts of which he considers wrong with the the Chapel of St. Peter and the the City of Victoria, are warmly Chapel of the Resurrection at

invited to attend a meeting at the

[fight game to-day,

"Most of the fighters won't train,"|Happy Valley. said the grizzled veteran of many All Interested are invited to at-new Sailors' Home and Seamen's Ja tough battle between 1896 and tend the meeting.

"Too many of the managers know nothing about boxing except to take

their cut at the gate, and the athie-BRITISH BOXER RETAINS

or

nothing to make the boxers put`up:

WORLD TITLE

(Continued from Page 1.)

Institute on THURSDAY next, 15th June,

at 5.30 p.m., to discuss future arrangements in connection with the services in the Chapel of HIS St. Peter and the Chapel of the

Resurrection, Happy Valley.

G. T. WALDEGRAVE,

"Why when I went into training for a fight I did miles of road work) Len Harvey, who proved a big in the morning, played handball or disappointment in his quest, for! baseball in the afternoon and then the world middleweight title (took a couple or three hours' work-jagainst both Dave Shade (U. S. A.) and Marcel Thil (France), beat Ed- out in the ring each day,

On demand

1/6 1/5 -

4 months' sight... 1/5

Credits 4 months'

Dow Jones Averages.

Last Aver.

To-day's Changes.

Aver.

sight

1/5%

On New York-

PRIPINO (Paking?

30 Industrials 94.42

96.75 2.33 up

On demand

29 Nom. 1910.

20 Rails .....42.98 120 Utilities ..35.36

44.48 37.50

1.45 up

2.14 up

Credits 80 days'

sight

NOK

On Paris-

Os demand Credits 4 months'

sight

607

64752

tle commissioners' do little

a good fight.

T.T. On demand

On Shanghai---

On demand

On Kobe

On demand

94% 94%

1094

112%

58% Nom.

60%

GO

60%

131

1/5%

19 7/16

Banking business transacted.

dered the market from making a

and General and also that we can expect high

er prices. It has reached a point Current Accounts opened and Fix where there is little use prophesy ed Deposits recatred for one your orjing the time of # reaction. shorter periods at rates which will beWheat: Heavy professional and On Manila- quoted on application.

|commission house buying induced On demand A. BEEARLEY,"

strength while recurring inflation-On Singapore- Manager. Hong Kong, 17th November, 1982. ¡ary rumours, together with active On demand short covering advanced prices two On Batavia- cents above the day's lows. Cat- On demand THE BANK OF CANTON, LTD. ton: Hedging and profit-taking hin-On Saigon-

On demand full response to the strength of On Bangkok--- cables and foreign exchange. De On demand... mand broadened later inspired by Sovereigns bank buy- the strength of stocks and bullish statistics. Silver: Apparently the Ear Silver per oz.

ing rate publicity given to the recent state Bar Silver in Hong ment on the part of various dele-

Kong gates to the Economic Conferences Copper Cast regarding the necessity of silver Copper Cents. prices rehabilitation is tending to Rate of Native maintain an active demand for sil-

Business

Established 1913.

Head Oncer-Hong Kong.

Authorised Capalbał (IL.X. Correony) ... $41,006,00% Pald-Up Caplish m

JĻGA,BOH Bowery Tholen ky153,000

ABANCHIRAL

Clasion,

Hankow, Bangkok,

sid Ben Fressiast. LONDON BLUKKES:-- The Loch Bank Finivel.

COL TEPONDENTS

În al polnočnal oftias of the World.

Forsiga Ezhangs and banking busina

avvy description trubacted.

Bale Deposit Bosse (various slave) ́98 a guarig

rectal of trom 45 to 446.

ver.

shares.

Chief Manager.

LOOK POONG BHAN,

Air Reduction ...

terest

in-

Nom. Nominal

1 prem

32% pa. done: 5,810,000 Chinese Sub. Coln

.. 31% dis. Hong Kong Sch. Coin par.

Last To-day' Price Price

82

84

American Can

American Smelting

92% 36

1217

95 38%

THE BANK OF EAST Allied Chemical & Dye 117

ASIA, LTD.

Head Office: Hong Kong.

No. 10, Dos Voeux Road Central Established: 1918.

American Tel. & Tel. 123% 1314 American Tob, "B"

92

Auba Copper Mining

Borden Co.

Canadian Pacific

J. 1. Case

Chrysler Hotors Chase National Bank

69

0244

276

18

70

34% 15%

844 88%

834

24%

RISE

WALL STREET STOCKS TO NEW LEVELS

(Continued from Page 1)

and

"Heavy professional 364 17%

commission house wheat buy- ing induced strength, while re 35t

curring inflationary measures, 25 637 together with active short 564 57 covering advanced prices two

cents above the day's lows.

5,598,500.00 Consolidated Gas of N.Y. 60%

Authorised Capital ... $10,000,000.00 Paid-up Capital ...... Reserve and Undivided

Prosta

Branches and Agencies:-

THE BANK OF TAIWAN, LTD. Boadula

(TAIWAN - GINKO.) ·

Semarang

Shanghai

Drugs, Inc.

General Motors

Internat. Har.

Internat. Har. (Pref.) .111

Alex

"I was so tired by that time that die Phillips on points in a 15 round I was ready to go to bed' at eight|bout. He won the British middle- or nine o'clock and didn't have any weight championship from desire to go out and chase around Ireland in 1929 and has at night. The other fighters did tained it. the same thing.

Chaplain.

THE KOWLOON MOTOR BUS COMPANY, (1933) LTD.

MONTHLY TICKETS.

TOLDERS of monthly tickets in

the. Kal Tack Motor Bus Co., for since re- the month of June are hereby re-

Jack Petersen, who is to fight quested to exchange these tickets "When we fought we took pride Hans Birkie. a leading American at our office at Nathan Road, Mong other heavyweight, in Wales on June 26, Kok, between 11th and 15th in- wasn't was holder of the title last year. tant, after which date, no ex- be effected. No logical He has now, however, adopted the change will

We the heavyweight class in

charges will be made for the ex- deavour to secure a world title fight exchanged will be entitled to travel change, and holders of tickets thus

in our ability to knock the fellow's head off. There any hokum like giving a contender the run-around. took 'em as they came.

the near future-Renter

ап ел-

BRITISH-HUNGARIAN BANK

PROFITS

Budapest.

"A lot of times nowadays, when 1 referee a fight, I think the boys: |don't care much whether they get licked or not. They're in there just to get their money, I've been about ready to throw some of 'em out of the ring, but you have to think about the public paying to see a full fight and you hate to stop

The accounts of the British a bout."

and Hungarian Bank for 1932 Jim says he has become so dis show a net profit of 1,525,000 gusted with the situation that helpengos. The board proposed at has more or leas given up referee- the general meeting on March 27 ing. He has his 100-acre ranch to that 1,000,000 pengos be allocat- look after and finds himself pretty ed to the reserve and 300,000 busy. Jeffries sponsors a weekly pengos to employees' pension all gymna-fund and that the remaining

amateur show in Isium bullt on one corner of his 225,000 pengos be carried for- property. He has a motor-car race ward, without effecting payment track along and side and a dance of dividend and bonus. hall fronts on another street.

Deposits declined to 63,100,000 "I like to work at this place," pengos from 65,500,000 pengos he said, with a look of pride in his for 1931. Creditors are shown are pretty at 33,500,000 pengos, compared grey eyes. "Taxes

for 1931 and

on all buses' running in Kowloon, with the exception of those operat- ing to and in the New Territories. The hours for exchanging these tickets on the above-mentioned daya will be from 8 a.m. to 12 noon, (and from 2 p.m. to 8 pm.

By Order of the Board,

Lam Ming Fan,

Secretary. Hong Kong, June 10th, 1933.

PUBLIC AUCTION. - THE Undersigned have received instructions to sell by Public

Auction

ON MONDAY, June 19, 1933, commencing at 10a.m.,

at No. 407, The Pesk. A Quantity of

VALUABLE HOUSEHOLD

FURNITURE.

On View from Sunday, June 18,

"Hedging and profit-taking hin-heavy and it keeps a fellow scrat with 33,200,000

ching to keep out of debt right debtors are shown at 61,600,000 24dered the market from making a now, but I don't worry. What's pengos, against 60,800,000 pengos 38% full response to the strength of

the use...

last year. The board state that 1933. the cables and the foreign ex- 15%

"I always say, when you can't about 20 per cent savings have Demand broadened later 41% change.

Internat. Tel. & Tel.... 184 19% Liggett & Myers "B"

Loew's Inc.

94

22

Montgomery Ward 21%

Inspired by the strength of stocks keep your land any more, you can been effected in regard to salaries

always give it back to the Indians." and other expenses.

Reuter.

2,812,000.00 Du Pont de Nemours

782 81%

Eastman Kodak

81-844

Electric Bond & Share

36%

414

Amoy

Pelplag

General Foods

General Electric

24

38

Batavia

Penang

Acting Chlet Manager.

Bombay

Rangoon

Gillette Safety

27% 15

28

Calcutta

Saigon

39%

Canton

San Francisco

111%

Haiphong Hankow

Seattle

and bullish statistics."

93%

Kobe

London Kanila

Kowloon

Swatow

Sydney

28 Talhoku

10%

10/2 Tientsin

34

35% Tokyo

Standard Oil Co. of NJ. 37% 38 Vancouver

Socony-Vacuum Corp... 11% 12 Yokohama

41 Union Carbide & Carbon 40 Correspondente in all principal cities Union Pacific of the World

27%

108

United States Steel Westinghouse E. & M. 47

t bid.

65%

110% 68

48%

HEAD OFFICE:-Talpek, Formos.

Incorporated by Special Imperial

Charter, 1899.

Central Book in Formsam

Bank-cleansed &torage umorezi «Ym. 65,000,000

BEANUSES AND ADENST 4 5

ZAFAR |--Tokyo, Zokohama, Kobe, Desire.

FORMOSA-bin

Engl Katowice, Kalang.

Takao, Tronani, Tom, Haišo, Auto

Melbourne Nagasaki New York Osaka Paris

Every description of Banking and

Akong Mania, Binokles, Ticks, Toss Exchange business transacted. Loans ORKA 1—Changhai, Bankow, Key, Foodkov, | grated on approved securities.

OTHER 3-Beng

Long Bagspor, Bourabaya, Bemarang, Batavia, Dominy, London, Kon Tork, Da.

LONDON BANKREA,

Barclays Bank, TAB. Lävyle Bank, Ind. Midland Bmă, Lid, Wariminator Biak, Jad.

The Bank has Gorrispondente in alt_like_petacípul Comercial Costem Uhroughout the world.

HONG KONG BRANCH)

XAGUEA

6. Das Voer and Cueteni,

Bong Kong. Dennebor 26, 108L

THE YOKOHAMA SPECI BANKE,

LIMITED.

Established 1888.

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

Reserve Fund

„Ven. 119,780,000

Hand Odice-TOKOHAMA,

· Branches und. Agencies at:

Alexandria

Bagnaski

Nagora

Newchwang

New York

Bateria Berlin

Caletta

Bombay

Osaka

Dairen (Dalny) Hamburg

Fangtien (Mukden) Hangoon

Hanbow

Farbia

Honolula

Pelplog

Rio de Janeiro Ban Francisso Bazille Semarang Ebanghel Shiromind

Hainking Karschi

Cakya:

Kong, Lith March, 1938.

Safe Deposit Boxes To Let

KAN TONG PO,

Chief Manager.

THR

E 244 National Biscuit....

54% 56 National City Bank... 39% 41t Pacific Gas & Electric 234 3074 Pennsylvania Railway.. Radio Corp. Sears Roebuck

SHARE MARKET.

The Official Summary of the Hong Kong Stock Exchange issued

AMERICAN EXPRESS: COMPANY, yesterday at 3.30 pim.

INC.

Head Ofca—55, Broadway, New York.

Capital Surplus

Reservos

.U.S.$8,000,000.00 „U.3.31,887,089.17 ‚U.S.$1,718,979.67

BRANCHES -

Lext

Monte Cuti

Manicsex

Па

Branches of American Express Com pany in Principal cities of United ŝtates of America and Canada:

To-day, the opening day of the week, was dull and Teatureless, land though rates, with the excep-

$845 CLAIM. Contractor In Court.

A claim for the balance of a sum due for work done, and materials supplied, was made this morning by the Wong Ngai Co., from Con- crete Products Ltd., before the Puise Judge, Mr. Justice R. E. Lindsell,

DYNAMITE CARRIED

FROM FIRE.

Police Bravery Saves Terrible Disaster.

Lisbon,

Police are investigating what

is believed to have been an at-

The plaintiffs, represented by tempt to blow up a whole village Mr. C. Y. Kwan are claiming $845with dynamite. 29 from the defendants, represent- ed by Mr. T. P. K. Kemble.

The hearing is proceeding,

CONVERSION OF PUBLIC WORKS LOAN,

(Continued from Page 1)

A thousand pounds of dyna- mite arrived from Lisbon at the village of Vale-Maior, and was stored in a house to await its use for blasting work on a new road.

Shortly afterwards the in- provised "powder magazine" was seen to be on fire but what might have been a terrible catastrophe was averted in the nick of time. Taking their lives in their hands, firemen courageously en- 5. The principal moneys and tered the blazing house and trans. interest represented by the Conver-ferred the dynamite to a safe sion bonds, which like the Public distance.

9

tion of the lower-priced issues by purchase in the open market which gave way to some extent, which is authorised by section remained more or less unaltered, (2). very little interest was taken in the market as a whole --

Bates.

Hong Kong Banks: $1,740. Union Insurances: $520/580. Benguet Consolidateds: $83. Providents (Old) :' $8.971⁄41⁄21⁄2/$4. Providents (New) : $11⁄2.' Hotels: $7.05."

Ewo Cottons: Sh. $14.70. Hong Kong Trams: $21.80, Electrics: $78.

Buyera. Canton Insurances':" $1,460. ¡Union Insurances: $615.

Douglases: $32 Docks; $16.

Providents (Old): $3.95% All claim of Commercial Banking Humphreys: $18. Transactions undertaken.

Hong Kong Trams: $21:65," Dairy Farme: $277 Investment accounts Goyt. Loans: 8% Pram,

Sellers.

|Union Insurances: $525,

The Company offers to intending HK. Steamboats; $22. Travelern the ung of fís. ("Traviez Chequer and Letters of Credit and Rauba;, $10. 351 352

in silition, the world-wid":"merriami Hong Kong Lands: $76%% of Its thoroughly equipped Travel De Ewo Cottons: Sh. $143.

Telephones: $30, -24 Lane Crawfords: $4.90. Constructiona (New); $15

Works Loan bonds will be bearer Meanwhile, a man is under | bonds "transferable by delivery, will arrest and in said to have con-

be charged on and secured by a fessed to firing the building from] sinking fund and the revenue and the owner-Reuter.

assets of the Colony.

6. The Conversion bonds will be authorised..........investments in which

any trustee, not expressly forbid. den by the terms of the Instrument creating the trust, may invest funds In his hands:

7. The moneys appropriated for the payment of interest on the Con- | version bonds and for the formation

FEW WEALTHY MEN IN AUSTRIA

Only One-Third Population Pay Income Tax

Vienna.

of the sinking fund and all divi- Austria, according to the official dends, Interest or produce of any Bureau of Statistics, has only Investments which represent any two persons with an annual: in« portion of the sinking fund, will be come of 1,000,000 schillings exempted from the defence con- (about £30,000) or over. tribution payable under. Ordinance is Only 200 taxpayers, out of a No-1 of 1001ERPRE

WEATHER FORECAST

population of 6,500,000 have an income larger than £4,000 a year. There are 9,000 who annually receive an income of from £700

Fair to showery with moderate to £2,000, E South or variable': winda, la tore The average yearly Income of casted in the weather report fund taxpayers is £90, and only one- by the Royal: Observatory tale third of the population pay an morning

income-tax-Beuter.

Terms: Cash on Delivery.

LAMMERT BROS.,

Auctioneers.

Hong Kong, June 13, 1933.

KING'S THEATRE

STARTING SUNDAY, 18th INSTANT.

SPECIAL ADDED ATTRACTION!

AT 2.30, 5.10, 7.15 & 9.30 PM.

BUSTER DUNSON,

&

THE GARCIA SISTERS

in

SPECIALITY DANCES

and

AL BALDWIN

THE AMERICAN COLOURED CROONER.

PRICES AS USUAL.