1933-07-12 — Page 4

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION.

Krikorised Capčiai, summer Lemed and Fully Pull-up testata. 199,00 Somers Funda |-----

Marding wwwert

120.000.000

Reserve Liability of Propelaburn

TRAI FIC, LONG TONG

BOARD OF DIRECTORS |— 1. E. Pares, Eng. Oholemas.

T. 1. B. Shan, Kaq.

Devi Chaires,

3. K. Boufleich, Mag.

Viskin. Beg

8. Dodweli. Xog. Bos. Mr. J. 3. Puternam.

A. . Compos. Eng.

Wos. Mr. C.A.B. Mückte,

Amor

BAXOKOI

SATAVIA

BOMBAY

GALCUTTA

WAKTOR

CEL300 COLOMBO DAIREY РООСЛОЙ HAIPHONG BAMBURG MAKROW BARDEN BOEDANT

ILOILO

JOHORE

ZORE

KOWLOOK

3. A. Flasker. Thot.

. R. Murphy, Eag.

Aeling Chief Banager.

KUALA LUMPUR

BRANCHES

LONDOS

LTON

MALACCA

MANILA

KUAB (Johore,

KUKUEN

PENING

NEW YORK

ΡΕΝΑΤΟ

MANGOON

SAIGON

BAN FRANCISCO

SHANGHAI

SINGAPORE

BOURABATA

SUNGHI PATANI

TIENTSIN

TOKTO

ТЫ КОТДО TOKOHAMA

Carat Locust opened a Local Currency sat Pited Dapcalis coveital for one your or Aerar periode to Local Curramay and Berlag an berma which will ha quoted an application. Hong Kong, 22nd May, 1933.

HONG KONG SAVINGS BANK.

Úna Beatsoon at the shore, Book is conducted

By the BORG KOTO AND KHANGHAI BANK- ING CORPORATION.

PR THE HONGKONG AND SHANGHAI LAKENDE CORPORATION.

L. T. MURPHY,

Acting Chist Manager,

Hong Kong, 24th April, 1988.

SAFETY FIRST !

To Safeguard Your Valuables and Jewelleries,

Deposit them in a Fault

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

OUR SAFE DEPOSIT VAULT located on the Mozzanine Floor of Our New building is Specially Con- atracted to provide all of these Im portant Qualities.

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

ate Ecatal

Inspection Cordially Invited.

THE CHARTERED BANK OF

~ INDIA, AUSTRALIA & CHINA.

".

Incorporated by Royal Charter, 1858.

HEAD OFFICE: LONDON.

Fald-up Capital Reserve Fund

Reserve Liability of Pro

priators

£3,000,000 .$8,000,000

Agencies und Branch:

ALOG PYAR

BANGKOK

BATAVIA BONKAY CALOUUTA

CANTON

GAWKTURN CKGU COLOMING DELHI HAIPHONG KAMBURO PHO.

POET

KORE

Foreign

KUSHILING

MADEL

MANILA

MXDAM

NEW TORK

PEXANO BANGOOR

TJEKTSIN

TEINOTAO

TOKORKMA

KAMDOAKUS

Exchange and General On India—

Banking business transacted.

Current Accounts opened and Fix-

ed Deposits received for one your or shorter periode at rates which "will be) quoted on application.

A. BREARLEY,

Manager. Hong Kong, 17th November, 1932.

THE BANK OF CANTON, LTD.

Ratablished 1912.

Head Office:-Hong Kong.

Amikoriad Onelial (EX. Currency) ...§11,008,00%

Paid Up Deplial and a 1,666,000

BRANCHES -

Cusion, BW,

Hankow, Bengkok, Sovereigns bank bay.

Bal.

LONDON BANKERS ****

The Llapi's Bark, Limited. CORRESPONDENTE

fa al princksal viting of the World.

Zumps Karbage and waking buizen of

- story desciption irsanscted.

THE CHINA MAIL.

WEDNESDAY, JULY 12. 1933.

EXCURSIONS TO, MR. RUNCIMAN IN

Commerce and MANILA

Finance

NEW YORK STOCK EXCHANGE

A.O.F.C. Quotations.

Dollar Line Plans

Six-Day Trip.

THREE DAYS STOP OVER

"For the benefit of excursionists

CALMER WATERS.

Trade Pact Controversy Subsiding.

BALM FOR CONSERVATIVES,

NEW ADVERTISEMENTS.

HONG KONG TELEPHONE COMPANY, LIMITED.

NOTICE OF INTERIM DIVIDEND

TOTICE IS HEREBY GIVEN

London. Natan INTERIM DIVIDEND

to Manila, the American Mail Line After the recent sharp can of FOUR per cent. (4%) for the and Dollar Steamship Lines Ltd., troversy over the trade agree six months ended 30th June, 1983, will put out two excursions to ment with Germany, ending in a mounting to FORTY Cents per Manila, one on the American Mall against the Government, the share on each abare of the Com- Liner "President Cleveland" calling fairly big Conservative revolt any will be paid on FRIDAY, the from Hong Kong on Saturday, President of the Board of Trade, 4th August, 1933, on which date August 5, arriving Manila August 7 Mr. Walter Runciman, had an Dividend Warrants may be obtain- 30 Industrials 104.03 103.03 1.00 down leaving Manila August 9 and arriv-lessier passage. in defending theed on application at the Register- 104.03 103.03 1.00 down ing Hong Kong on August 11, and agreements with Denmark and ed Office of the Company, Exchange

New York, Yesterday.

Last Today's Changes

Dow Jones Averages.

20 Rails...

Aver. Aver.

The TRANSFER BOOKS of the Company will be CLOSED. from

20 Utilities 36.88 38.25 63 down the other, on the new Dollar Liner, the Argentine, though there was 40 Bonds... 87.55 87.59

Messrs. E. A. Fierce & Co. Re- on August 8, arriving Manila, these agreements on one ground

94 up "President Coolidge." leaving here again a good deal of criticism of Building, 4th floor. port:-Reactionary predictions are August 10, leaving Manila August or another. in the air but frankly we do not 12, and arriving Hong Kong on

Conservatives Those know what they are based upon. August 14. The all-inclusive fare strongly. object to tariff We hear rumours that London is from Hong Kong first class is cessions to foreign countries so days inclusive. selling and that there is large is £12/0/0.

soon after this country's adop

who SATURDAY, the 29th July to FRI

DAY, the 4th August, 1933, both

сод-

By Order of the Board of Direc

W. L. MCKENZIE,

Secretary.

HONG KONG & SHANGHAI BANKING CORPORTATION

| large ́profit-taking. A warning It is particularly pointed out that¦tion of a tariff policy, found less tors.

comes from high places lest specu- by taking advantage of this low ex-to cavil at in the Danish and lation get out of control: At the carsion fare, passengers using the Argentine agreements, for the closing the market looked as "President Cleveland" or the "Pre-tariff concessions made to Den- 11th July, 1933. though we could expect more,sident Coolidge" will have the ad- mark cover а comparatively pressure to-morrow morning.vantage of three days' stop-over in small range of manufactured Wheat: There was world-wide buy- Manila.

goods, coupled with conces- ing of all grains which absorbed

as to the quantity of This all-inclusive fare provides sions profit-taking on a large scale. for accommodation on the steamer, agricultural produce which Den- There is a further pessimistle crop first class, from Hong Kong until mark may send us, while the TT IS HEREBY NOTIFIED that report from the North-West. the steamer returns to Hong Kong. Argentine agreement is more or

an Interim Dividend of $3 Cotton: Values advanced early to In Manila, passengers will be allow less limited to similar conces-1

per Share, subject to deduction of a new high on foreign speculative ed to remain on board the steamer, sions in regard to the quantities Income Tax, has been declared for of frozen meat which we import the HALF YEAR ending 80th June, buying but later weakened on a thus saving hotel expenses."

from the country.

forecast of showers in the West-

Belt and lower foreign exhange. The acreage

reduction campaign

BANK INTERIM DIVIDEND.

£3 Per Share.

As in the case of the German 1983, at rate of 4 1⁄2 per Dollar."

THE DIVIDEND will be payable agreement, a large increase of British coal exports to Denmark and after TUESDAY, 8th is an encouraging factor. Silver:

is expected in return for the AUGUST, 1933, at the offices of the Prices are working nearer parity

British concessions and Danish Corporation, where Shareholders to the foreign markets, although

tariffs are not to be increased are requested to apply for War- they are still somewhat below.

on a large range of British goods rants. Business Done:-5,230,000 shares.

It is notified by the Hong Kong during the next three years, thus THE REGISTER OF SHARES of Last Today's ' Price Price and Shanghai Banking Corporation, offering a valuable security for the Corporation will be closed from that an interim dividend of £3 per the expansion of the British in-MONDAY 24th, JULY to SATUR- share, subject to deduction of Industries concerned. In general DAY, 5th AUGUST (both days in- come Tax, has been declared for the there is a promise that the clusive) during which period no half year ending June 30, 1933, at Danes will "Buy British" to a transfer of shares can be register- the rate of 1/4% per dollar. greater extent than heretofore, ed.

944 97

EXCHANGES.

TO-DAY'S QUOTATIONS.

.£3,000,000) On London-

T. T.

On Demand

1/479 1/4

4 Months' Sight... Credits 4 months'

Sight

1/4%

1/5

PEJTING (Tukingi

On New York—

On Demand

324 Nom..

BLIGON

SEMARANG

SEREMBAN

Credits 60 days'

sight

NOM

KHANGHAI

KINGAPORE

BARKIN

LIYAWAN

HOMⱭ OKUN

BOURABAYA,

On Paris-

LLONLA

TAIPING

On Demand

5824

KARLORS

TONGKAH (Ebubed,

ILANG

Credits 4 months'

Sight

62214

KUALA LUMPUR

Τ. Τ.

91%

On Demand

91

On Shanghai--

On Demaned

110

On Kobe...

On Demand

110

On Manila-

On Demand

64 Nom.

On Singapore-

On Demand

59

On Batavia-

On Demand

57%

| On Salgon— ·

On Demand

58

On Bangkok-

1,150,000

On Demand

185

ing Rate... 1/5% Bar Silver per oz. Bar Silver in Hong

17.15/16

Kong

Not

Air Reduction

Nominal

American Can

Allied Chemical & Dye .123 126

1% prem.

Chief Manager.

Rate of Native In-

terest

American Smelting

93K 379

93

American Tel. & Tel.. 131%

3* 130

3% pa

Amer

Tobacco "B" 90% 90%

31% día.

American Waterworks. 40%

38%

Ancsonde Copper Mining 20

Auburn

67% 19%

Bendix Aviation

19%%%

194

Paris

35%

Brussels

Canadian Pacific

10%

18%

Скуе

364

Milan

95

Caterpillar Co.

284

27%

Copenhagen

Chrysler Motors

Chase National Bank

88% 82%

Prague

111%

Curtis Wright

Consolidated Gas of N.Y. 61%

884 35%

Belgrade

260.

60

34 44

Lisbon ..

120

52%2

524

Montevideo

34 Nom.

Pont de Nemours

70

Hong Kong

1,000,000.00 Eastman Kodak

1/4/2

62%

83%

|Electric Auto-lite Co.

Warloan 3%

9814

2434

24%

Electric Bond & Share

37%

New York

36%

4.784

Electric Powers & Light 14 General Electric

14

Geneva

17.13

2914

284

Oslo.

19.90

37%

37%

324

Helsingfors

2261⁄2

$2

17

16%

Berlin

13.90

254 25

Athens

590

42% 42

118† 116†

19% 19 94

27% 27

23 2834

57%

58%

Bombay Yokohama Montreal Amsterdam Stockholmm

4 Official 1/6 1/16 1/2%

4.964

National Dairy Pro.

Vienna

23%

Ан

Otis Elevator

Pennsylvannia Rly.

GRA & Electric ckard Motors

23

2:2 80%

Madrid

Bucharest

384

.Buenos Aires

1,800,000

Sears

Radio Corpn

12%

11

Shanghai

434 43

Silver Spot

27% 27

30% 19%

Corpa Trans-America

88 missing 14 26% 7%

144

2614

125% 128

United Corpn.

1314 134

United States Bioel

65%

6354

Westinghouse E. & M.. 684

521⁄4

Bata Deputi Borm (vicious siasa) ni u yinely

rental of 'from. 35 to 440.

LOOK POONG BHAN,

Copper Cash

Copper Cents

Chinese Sub. Coin

THE BANK OF EAST Hong Kong Bh. Coin par.

ASIA, LTD.

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

Authorised Capital Paid-up Capital Reserve and Undivided

Profits

THE NATIONAL COMMERCIAL Amoy

& SAVINGS BANK, LTD.

THE OVERSEAS NATIONAL

BANK, LTD.

National Bank Building, 8A, Des Voeux Road, Central

$10,000,000.00

6,598,600.00 Authorized Capital $5,000,000.00

Paid-up Capital 2,212,000.00

Branches and Agencies:---

Peiping

Penang

Rangoon

Saigon

San Francisco

Seattle

Batavia

Bombay

Corner of Ice House Street and Des Voeux Road, Central

Calcutta

Canton

Haiphong

Hator Bonolaju

Semarang

Shanghal

Singapore

Kowloon

Sourabaya

Swatow

Sydney

Talhoku

Tientsin

Tokyo

THE BANK OF TAIWAN, LTD. Kobe

(TAIWAN GINEO.}

HEAD OFFICE:-Tuipes, Fermo

Incorporated by Special Imperial

Charter, 199.

Central Bank la Formon.

Bank-Xalar Lavond Avanga amoral .....Ian. si,000,000 BRANCHES AND AGENCIES:

Manil Melbourne Naguzki New York Osaka

Paris

-

Vancouver Yokohama Correspondents in all principal citie

JAPAN :-Tok, Iskebars, Lola, Danka, FORMOSA 1-Han, Ing. Ivan Isang of the World.

Makong, Man, Skibobika, Talibu, Talaka, Taken, Tamas, Toon, Helio, Inila

Hankow Away, Poodbow,

OTHER! |--ŽLong Kong, Singapor, BoersJaya, Semarang, Batería, Bombay, Lassou. You Int. Daire.

LONDON BANKERS.

Barclays Bank, Lid, Lloyds Bank, Tid Midland Book. Tid, Watminnier Bank, Ltd.

The Bank has Dorenspondanta in all tho prízwipal Coal Centree, throughout the worlik. I MAGURA.

HONG KONG BRANCH.

8. De Vanz Bood Central

*** Kong Kong. Doomber 9, 1981,

THE YOKOHAMA SPECIE BANK,

LIMITED.

Established 1860.

Capital (fully paid-up) 'Yen 100,000,000 Reserve Fund.......Yen. 119,750,000

Head Ofici:---TOKOHAMA.

Besuchas and Agoncion_at:

Alexandria

Batavis

Bombay

Calcutta

Daires (Dalny).

Nagasaki

Nagora

Newchwang

New York

Priping

Fanation (Maidan) Fangoon

Hamburg..

Harbia

Honolula

gizinking

โดย

Tandon

Los Angeles

Rio de Janeiro San Francisco Feattle Semarang Shanghal

Shimonosed Bingapore)

Hong Kong, 11th March,

Every description of Banking and Exchange business transacted." Loana! grated on approved securities

Safe Deposit Boxes To Let

KAN TONG PO,

Chief Manager.

THE

AMERICAN EXPRESS COMPANY,

INC.

Head Oflcső, Broadway, New York,

Capital

Burplus Reservos

.U.S.$8,000,000.00 .U.S.$1,867,089.17. US$1,718,879,67

· BRANCHES:

Ampelio

Hamduery

Lavaca

Lage

Mondewas

Branches of American Express Com» pany in Principal cities of United Štažas of America and Canada. P

All einsans of Commercial Banking. | "Tranzactiona undertaken.

London and New York,

Borden Co.

Drum, Inc.

Gene Foods

Paris Agents; BANKERS TRUST COMPANY. We offer facilities for the transac- tion of general banking business. General Foreign Exchange transacted. Stocks General Motors and bonds bought and sold. LORES Gillette Safety granted on approved securities.

LEE FANG, General Manager.

THE MERCANTILE BANK OF

INDIA, LTD.

HEAD OFFICE:

14. Orson hurch Strat, Londen, KOL

Authorised Capital ....£3,000,000 Subscribed Capital Paid-up Capital ......

1,050,000 Reserve Fund & Best. 1,246,785

BANKERS:

The Bank of England & illand Duck, Láž.

{

Bangkok

Batavia

Bombay

Calcubie -Colomba

Deild

(Erin)

BRANCHER

Ipoh

Proser

Kaud]

Port Lands

Kancil

Lola Bharg

Banguos

Kala Lipis

Kuala Lumpur

Galla

Simie Bingapore

Gong Kong

Makros

Borak

New York

Kuantan (Pahang

ELONG KONG BRANOR.

Brgy deadption of Banking and Exchange Gual-

Travailors Choqun lanai.

Gold Dust

Internat. Harvester

Internat. Har, (Pret.) Internat Tel & Tel Liggett & Myera "E" Tinew's Inc.

Montgomery Ward

National Biscuit

National City Bank

Boebuck

Standard Brands Standard Ga

Standard Qll Co. of New

Soco-Vacuum Corpn.

22334

Union Carbide & Carbon 44 43% Union Pacific

United Air & Transport 364 877

+ denoted bid denoted rid

Trastes and Executorships under IMPORTS TO CHINA.

taken.

· INTEREST allowed on Oarzmat kanowała mud Fixed Deposita at Bates that may be sacerlained | of:pplication.***

J. B. BOSS,

Manage 7, Queen's Boat Centrali

Hong Kong, 2nd May, 1933.

THE BANK OF CHINA:

●銀國中

ernment as sh

BANK

Country. Of Origin

Be Marked.

LONDON EXCHANGES.

Rio

Silver Forward

84.13/16 23.822

62.19/32

22.40

8.221/2 19%

80 89.11/16 565 42 Official 14 15/16 17 15/16 18.1/16

and the order for a new Bridge By Order of The Board of Directors

-

at Storstrom to be one of the world's finest bridges which has just been given to a British firm is a happy augury for the new Anglo-Danish trade era.

L. N. MURPHY. Acting Chief Manager. Hong Kong, 11th July, 1933.

INTERNATIONAL GENERAL ELECTRIC COMPANY OF SCHENECTADY, USA.

From the British point of view the Argentine agreement is largely concerned with financial matters and the question of tariffs has yet to be negotiated British with that country. traders, however will certainly M

welcome the

concessions made

ЛESSES. ANDERSON MEYER & CO., LIMITED, Agenta

by the Argentine in releasing so- for the General Electric Co. have called frozen capital, in other appointed the undersigned Local words, sums in payment for Bri-] Distributor for their Radio Sec- tish goods which had not been tion. allowed to be sent out of the Argentine owing to the change restrictions.

Stock of Receiving Sets, Latest ex Models, just Landed. Demonstra

tion during Broadcasting hours.

Throughout these trade negoti ations the Government's policy has been to put home 'producta |first, dominion products second and foreign products third ·in' considering the potentialities of the British market-Reuter.

The M. V. "Siamese Prince" from} New York sailed from Shanghai on July 11 and is expected here on to-

-British Wireless Service 'morrow.

Japan Will Propose General Conciliation Treaty With

RUDOLF WOLFF & KEW,

LIMITED, '54, Queen's Road Central.

GENERAL NOTICES.

HONG KONG FOOTBALL ASSOCIATION.

ANNUAL GENERAL

TMEETING will be held in the

Hong Kong Sports Club (by kind

1933, at 6.00 p.m. :

U.S.permission), on Friday, 14th July.

Tokyo. ¡nature, but is inclined to oppose any Reliable sources have confirmed specific agreement binding Japan reports that Japan is preparing to territorially, approach the United States regard

One section of diplomatic opinion îng a general arbitration and con- believes the reports of Iakii's in- ciliation treaty, designed to further tentions to confer with Hull may be Tocement existing friendly diplomatic in the nature of a trial balloon, de-

NEW CUSTOMS REGULATION

relations, and likewise strengthen signed to impress the danger of en- indirectly economic ties, .... of couraging economic warfare against

While Foreign Minister Yasuya Japar Uchida has not confirmed London Proponents of this idea assert the advises saying that Viscount Ishii, spirit of the former Anglo-Japanese All: imported goods to China Japanese delegate to the world alliance still prevails here, and must now bear the name of the economic conference, would confer that Tokyo doesn't want to alienate country of origin in F

Chinese with Secretary of State Cordell Hull London, but may eventually be characters, states a notification shortly on such an agreement, forced to do so in event British issued by the Hong Kong General sources close to the government tariff barriers against Japan are Reorganised October 26, 1928, under Chamber of Commerce, who advise said lahil likely is planning such cressed special charter of The National Gov- an alteration of the Chinese action, which would be possible at

Buch opinion sees Japan as play- Maritime Customs Regulations, his discretion and within the scope ing Washington against London and INTERNATIONAL EXCHANGE The notification reads as follows: of his instructions upon leaving believes if Japan is finally con-

The British Chamber of Com-Tokyo,

vinced her former close relationship, Subscribed Capital....$25,000,000.00 merce, Shanghai, notifies that

with Britain cannot be restored; ahe It was understood that Uchida will then make a strong bid for Paid-Up Capital - $24,710,200.00 || Article 1 of the Chinese Maritime Reserve Funds

38,529,505.32 Customs Regulations for the mark was not definitely decided when the close agreement with Washington.

In this connection, highest Amer- ing of goods destined for China negotiations should be started or in

whatform t has been altered to read as fol- should be drafted,

the proposed treaty ican, authority" here reveals that Towe

[Japanese-American › relations have The foregoing office spokesman shown stromenduous improvement] "All Imported goods, as well as their containers and packing, recalled the Imperial Rescript when in the last month, during which the must be marked in a conspl. Japan withdrew from the League of previous anti-American campaign int cuous place with the name of the Nations, which emphasized the Em-the Japanese press has entirely dis country of origin (Le, the coun- peror's determination to retain the appeared, and is being replaced with try of production or manufac friendliest relations with all powers. anti-British utterances, ture) in Chinese characters. Therefore, tas spokesman said, it. It is known that Yosuke Mat- Buch roarks are to be of seemed that such treaties may be suoka who was strongly displelked durable nature. Lin cases, how negotiated with all major powers, with Britain's recent volley towards ever, where marking with Chin.

HEAD OFFICE: SHANGHAI

HONG KONG BRANCH:

4. Queen's Eoad: Central,

Owing to our numerous branches in Personal Investment accounts China and large connections in the im handled.

portant commercial centres of the world,, we are able to extend to our Company offers to standing clients special facilities for domestic

xmyclers and foreign: banking and exchanges. and Letters of:

wdik and. We also handle the issue of Bonds

and other Pubile Funds of the Chin squipped Travel De Government, both at home and

abroad. SHOU J, CHEN Hong Kong, 8th March, 1931E

KHATÓ DUGGAN,

Manager

If such seems necessary, Japan, favours strengthening Japan" pe characters presente difccul. It was understood that the army eno-American fles and abandont Hies, the language of the country Approves this programme, provided Tokyo's traditional tendancy to fol of origin may be used instead the treaties are decidedly general in low Britain's lead, United Press.

FOX FEM

GT MAY,

· Hon. Secretary.

ZOO BUDAPEST

COMING SHORTLY

TO THE KING'S THEATRE.

Bring Your EPRINTING

Problems toUs

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