1933-08-24 — Page 4

China Mail 德臣西報 中國郵報 All

BANGTOL BATAVIA

CALOUTTA CANTON CEEFOO

LTONS

NALADCA

MANILA

HUAR (Jakons

MUKDEN

NEW YORK

TEIPINO

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION.

authorland Capital

Used and Feliz Paid-up ATHEN

Sur Ponds

Berling

45,500,000

$20,000.00

Maneers Liability of Tespeletoer ........ 136,000,000

GEAD OFFIOS: HONG TOKU.

BOANL UT DIRECTORS

T. I. P. Zee-

T. II. B. Then, Bay.

Deputy Chairman,

1. K. Houdinių, Kek

N. H. Dodwell, Keg.

Domyos ng Rox.Mr. G.H. Mackle.

ANOT

Bom Mt. J. 5. Polarsta.

3. L. Pasumat. Hog

M. Marphy, Eag

Acting Chiel Manager

BRANCHES

1

LANDOK

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

Incorporated by Royal Charter, 1853.

HEAD OFFICE: LONDON.

Agencies and Branches:

BATAVIA

SOMNAT

CALOUTTA CANTON CAWEFORE CKSU

COLOMBO

DELEN HAIPHONG HAMBURO KANKOW

HARMIK

.:

ROCHING

MADEAS

MAXILL

XIDAN

NEW YORK

PENANG

BANGOON

BALGOI

KENARANG

TRETMHANI

GBANGHAY

EXCHANGES.

Paid-up Capital

Reserve Fund

Reserve Liability of Pro-

pristors

TO-DAY'S QUOTATIONS £3,000,000) „£3,000,000| On London-

T. T.

..53,000,000

On Demand

4 Months' Sight..

1/4%

1/4 1/4/2

ALOR STAR

IMEITRAR

BANGKOK

Credits 4 months'

Sight

STOCK

OTR

1/534

On New York--

On Demand

31 Nom.

PEZPIKO (Poking)

Credits 60 days'

sight

NOW

On Paris.

On Demand

SYD

KINGAPORE

Credits 4

months'

KITIAWAN

HONG YONG

BOURABAYA

Sight

€18

ILOILO

TALPINO

On Indi

РОД

TIETHIN

LABAORS

TOMOLAH (Bhuket.

T. T.

90%

KLANG

TEINOZAO

KOKE

ТОКОНАМА

On Demand

90%

KUALA LUMPUS

ZAMBOANGA

On Shanghai-

Exchange

and

General

On Demand

On Kobe

On Demand

On Manila-

On Demand On Singapore—

On Demand

On Batavia-

On Demand

On Salgon-

On Demand

On Bangkok-

On Demand

Sovereigne bank buy-

ing Rate

Bar Silver per oz...

Copper Cents"..

COLOMBO DAIKEN

ЗОСТОЙ

HAIPHONG

DAMBURG

HANKOW

HARDIN

MONGERY

KLADLO

SPOK

золола

KORK

BOWLOOK

KUALA LUMPUR

PENANG

BANGDON

SAIGON

SAN FRANCIRA

SHANGHAI

BINGAPORE

SOURABAYA

BENGKI PATANI

TIENTSI

TOKYO

CHIKOTAO TOKORAMA

Cament Accounts opened in Loel Caract sad Pid Deporte received for one ye

ser portale in Lonal Curry and Sterlog terms which wil be quoted no appliesMER Hong Kong, 22nd May, 1983.

HONG KONG SAVINGS BANK.

Beast of the above Bună la rendumeð ..RONG KONG AND ERLEGĦAL BLIK. # CORPORATION, Relat may se obbnined

PO THE BONOLONG AND SHANGHAI GAYELES CORPORATION,

L. N. MURPHY,

Acting Cbiet Manager,

Hong Kong, 24th April, 1938:

SAFETY FIRST !

To Safeguard Tour Valuables and Jewelleries. Deport them in a Vault that le resÜly: FIREPROOF BURGLAR-PROOF

DAMP PROOF!

OUR SAFE DEPOSIT VAULT

focated on the Mezzanine Floor of Our New building is Specially Con-

Foreign

Banking business transacted.

Current Accounts opened and Fix ed Depoalta received for one year shorter periods at rates which will be quoted on application.

A. BREAKLEY,

Manager.

Hong Kong, 17th November, 1932

THE BANK OF CANTON, LTD.

Rstablished 1911.

Head Ofce-Hong Kong.

Authorland Capital (II.K. Currency) .......§¡3,000,00% Pull-Up Depili,,000 Loser Fra 1,150,100

BRANCHES :-

Danton, Bangla

Farkow. Hack

and San Frances,

LONDON BAKEZUĆ :—

The Lloyd's Bank, Idmlied.

CORRESPONDENTS

La peine alting of the World.

Fornig hangs and banking busions.

avery description acted.

Be Deposit Bones (varione alani) si a pourly

tal of "from 13 to 140

LOOK POONG SHAN,

Chief Manager.

THE BANK OF EAST ASIA, LTD.

Head Offer: Hong Kong.

No. 12, Des Voeux Road Contrai. Established: 1918,

structed to provide all of these Im-Authorised Capital portant Qualition,

You may obtain a Safe Deport Box in this most up-to-date Vanit 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

THE BANK OF TAIWAN, LTD.

(TAIWAN GINKO.)

HEAD OFFICE:--Taipeh, Formosa. Incorporated by Special Imperial Charter, 1899,

Cool Bank in Formone Bank-Notes tagad Average amount ...faa. e4,500 000 On and after August 16th, 1933, the rate of Interest on Special Current Deposit will be at 2% p.a. on daily

balance and the rate for balance over $10,000 will be quoted on application (Maximum rate-1%%).

LONDON BANKKES:

Bardags Bank, Liidu Leyds Bank, Ild Willand Bank. Lid, Hubline Back, LAR

The Back bee Larringouisate in all sho pelnoipst Jural Centrue throughout the world K. KAGGRA,

BONG ZONG BEANCA:

1, Dan Veiz Land Control.

Bong Long Dressesler M, 1982-

Paid-up Capital Reserve and Undivided

Profita

Bar Silver in Hong

Kong

Copper Cash

Rate of Native In-

34% p.8. terest Chinese Sub. Coin... 32% dis Hong Kong Sch. Coin par.

SHANGHAI SHARES.

Latest Quotations.

Messrs Carroll Bros., have received! the following cabled quotations of Shanghai Shares.

China Finances .... International Investments

$10,000,000.00 Cathay Lands

6,598,500.00 Yangtze Finances

International AssuranceR 2,812,000.00 China Realties

BOARD OF DIRECTORS:- Sir Shousen Chow, Chairman.

Li Koop Chun, Esq.,

F. K. Kwok, Esq.

Wong Yun Tong, Esq.

Chan Ching Shek, Esq.

Li Lan Sang, Esq. Pua Hiu Cho, Esq. Wong Chu Son, Esq. Kan Ying Po, Esq.

Kan Tong Po, Esq., Chief Manager.

Li Tse Fong, Esq., Manager.

Shanghai Lands ¡New Engines ... [Shanghai Docks

S'hai & HongKew Wharves

Shanghai Electrics

Ewo Cottons

Shanghai Cottons

Zoong Sing Coltons Anglo Java

Anglo Dutch

Ziangbes Langkats

Raubia Venesuela G. Fields $51 Benguet Explorations $ Docks, Wharvas, Godowns, &c. H.K, & K. Wharrea $ H.K.&W, Dacks $ S. Ch. Motors. (A) $↑

("B") $

Ch. Providents (old) $

(new)

7.50 Asia Realtics "A"S 1 144.50

107.00

14.75

Cattos Mills.

4.75) Ewo Cotton ...... 5.814) 2.50 Shanghai Cotton 5.5 4.75 Zoong Sings......5.$

17.00 Wing On Textile 5.3

Public Utilities.

H.K. Tramways.....$]

Correspondents in all principal cition STATE MONOPOLIES Peak Trams (old)...$161

of the World.

Every description of Banking and Exchange business transacted. Lo granted on approved securities.

Safe Deposit Boxes To Let.

KAN TONG PO,

Chief Manager.

THR

Reorganisation Pending. China Lights (old) 319.70

Ankara, July 31.

I.K. Electria $7

Acting on the proposals made by Macao the American expert Mr. Rase, who Sandakan Lights.. has subjected Turkish industrial H.K. Tels. undertakings to a searching China Buses

AMERICAN EXPRESS COMPANY, scrutiny, the Turkish Government Sport Tractions(0)/

ING.

Head Office: 65, Broadway. New York

THE YOKOHAMA SPECIE BANK,

LIMITED.

Capital Surplus Reservee

„U.S.$8,000,000.00

.U.B.$1,867,089.17 US$1,715,978,67

BRANCHES ——

Mexico ty

Kaplar

has decided to reorganize the State

monopolies on American principles.

Particular attention will be de-

P.W/15/

Industrials.

"

P. S.$

voted to the tobacca factories for Malabon Sugar - which foreign machinery will be Cald: Marg 0. 5.$ imported, while Turkish commercial travellers will also systematically Canton loci work the European and American Comcon (cm.) markets.

RAUMAT

Gener

General Motors

Gillette Safety

Gord

Dust

Internat. Tel & Tel

Loew's Enc

Montgomery Ward

National Biscuit

National City Bank National Dairy Pro.

Otils Elevator

Pacific Gas & Electric Packard Motors Pennsylvania Redio Согра

Ely.

Sears Roebuck Standard Brands

$12.35 Standard

Gas

ard Oil Co. of NJ, 38

Surfedra arum Corpn.. 12%

Texas Corpn.. Trans-America

LONDON EXCHANGES.

110

118

61% Nom.

5844

50

5742

136

ទខ្លួន ន

1/5

r

17 15/16

Nom

Nomina!

1% orem.

P

Kailan Mining Ad. 1/-) Langkats (Single) S$ S'hai Explora'ions 5.$

LOSAS.$...

THE CHINA MAIL.

Commerce and Finance

H.K. STOCK EXCHANGE Opening Daily Official Q'tions, August 24, 1933.

Bazki

"

Baysales Nom

:རྒྱནྟི དྭེཡྻ

ུ::

19

܃ ܃ ܃ ܃ ܃ ܃ ܃ ܃ ܃

NEW YORK STOCK EXCHANGE

A.O.F.C. Quotations.

New York, Yesterday.

Dow Jones AvePAPER,

· Last ` To-day's Change" AYET Aver.

THURSDAY, AUGUST 24, 1933.

MANCHESTER MARKET

REPORT

American Issue Causes Confusion.

CHINESE BUYERS QUIET ..

Manchester, July 27.

The outlook during the past 96down week has been somewhat confused

28 down

NEW ADVERTISEMENTS.

NOTICE.

WATER SUPPLY.

HONG KONG AND KOWLOON.

IS HEREBY NOTIFIED that,` I commencing ON SATURDAY 26th August, the hours of supply in all districts on both "aldes of the harbour will be 6-11 am, and 4-9 p.m.

30 Industrials 101.84 100.38. 20 Rails..

50.79 50.51 20 Utilities 30.61 30.06 .80 down owing to the chaotic conditions 40 Bonda 88.01 87.78 23 down prevailing in the American.com- Messra E. A. Pierce & Co. Remodity and stock exchanges, result- port:-To-day's market indicated Ing in a deluge of contradictory that it may remain somewhat of a wires from the States. Whilst in There New York panicky operators sell- 1815 trading affair for awhile.

A. G. W. TICKLE, 1981 are some signs that action may being caused a decline in prices,

Water Authority taken along the lines of expanding Liverpool remained fairly undis- Public Works Department, credit in the near future but therė į turbed. * As a result of this specul- is nothing definite on this. Wheat:{ stive selling, dush the market Eastern buying, on a revived ballef should be in a better position, but in inflation, caused early strength. It is of course quite impossible to The North West movement is forecase the attitude of American KAYE DON'S MOTOR increasing. The weather is favour" { speculators in the immediate fu- able, Receipts have been liberal.

Bud

10

... jor

+4

110

15.41

H.K. Bank

(Lon. Reg;)

Chartered Bank................. Mercantile B., AKBL ...

C. A

Bank of East Asia...$/201 Anse, O. Fin. C.M.S Ch. Fin, Cor. 0. 5.$!

P. S.$

Insurances

Canton las.....

*

Union Im, womensmet

$915

China Underswriters $3,40 China Fire ins. $ H.K. Fire Las......$ International Auce.S.$

Shipping

Douglase...$321 H.K. Steamboat

Indo-China (Pref.)...$}

(Del.)...$

Shells (Bearer)....${·

Union Wacebosts

Mining

Benguets ....

1825

370 668

***

**

! !

Pegged prices reduces interest.

ture.

In the meatime the market re- Foreign news is not encouraging-mains susceptible to news, favour- Bye continues to rule firm. Cotton:able or otherwise. It is thought!

Hong Kong, 24th August, 1933.

THRILL

Throttle Jammed At 100 Miles An Hour.

Values advanced in sympathy within some quarters that the selling VIVID STORY BY A PASSENGER stocks. Offerings were scarce. The rash may be followed by a buying

advance attracted long liquidation movement in which case prices the practice for the

*Round the

114

lume of September switching to December and March. Buying by

28 the Trade and Foreign houses form- latent demand but apparently over-

H

Last To-day,

1801

SHS. C.

12.75

Hongkow S.F N. Engineering...S.§ Shanghai Docks...s.$ 4.75 Lande, Hotels &.

Building

H.K. & S. Hotels....S] `...

16.50

H.K. Linda ........

11.25

Shanghai Lands 5.5)

6.60

15.00

M'politan Lands 5.5) Humphreys..........

32.00 H.K. Realtics.......$

+1

"B" $$

343.00 Chinese Estate) ............$

47,00 China Realties ...$.$. .. 14.70 China Debenturer S,$|

IN TURKEY.

(new) .....

Star Ferries Yauma Ferry,

.

(new...$

Established 1889.

Capital (folly paid-up) Yan 100,000,000 Reserve Fund ......en. 118,750,000

Head Office ---YOKOHAMA..

Branches and Agmelor at:

Nagasak Alexandria

Zingoga -

Newtawang

Now Turk

Osaka

Peiping

Fongtien (Mukden) Eangoon

Hamburg Hankow

Ranganato

Bombay

Calentia Clanbos

Daires

(Dalny)

Harbin

Long Hong Honolulu Halaking

Kobe

Karachi

Landon

Los Angeles

Asterest - allowed

BanTM Franciaos

Angha

spore rabaya Sydney Tiantain

Deposits received for land periods at ratas to be obtained on application.

FOREXELS MORÍ,

Hong Kong, 11th March, 198

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

* All classes of Commercial Banking Transactions undertaken.

THE BANK OF CHINA. 行銀國中

Reorganised October 28, 1928, under

(new)

H.. Ropes

Stores, &c.

Dairy Farma $36]. 19

Der A. Wings commissi

Lane Crairfords

special charter of The National Gor-Mackintosh

ernment as AND

INTERNATIONAL EXCHANGE Wm. Powells

BANE

Subscribed Capital

Paid-Up Capital Reserve Funds

$25,000,000,00

8,820,605.82

Brussels

Milan

disaster "Certain

was averted been enquiries for shirting and only by Kaye Don's extreme pre- sence of mind and by his genius for fancies, but so far offers have not doing the right thing at the right

'moment. been workable.

Some песеннату replacements

have occurred in dhooties, mullle narrow, right-angled corners. and jacconets for Calcutta, Kara- had climbed through the twisting chi and Madras but purchases have streets of Douglas to the far side of the course, The we had flashed 28 not included large lots. Very 28t 484 44%

little has been heard from China 'past shops, houses, and hotels down 47% and the other Far Eastern mar- the tortuous roads, with dangerous 3kets have only placed business of curves on either side. 46%

"A right-angled corner at Douglas cialities have been in request for Bridge was passed with the engine the Straits, so far without result. roaring. Then came the straight, Trade with Egypt and the Near down-hill run on Governor's-road, which stretches fully half-a-mile, East remaine restricted whilst thei

with Onchan village and a crazily Continent also has been very quiet.!

cambered hairpin corner at the end, South America has shown more in-¡

"The speedometer hand steadily. terest in prices and there has been'

-80...90...100...105 advanced a fair demand for s variety of miles per hour. Kaye Don braked

cloths, printers, poplins, twills and slightly, threw his clutch out, press- dyed goods.

Fair lines of heavy led his accelerator pedal down hard, bleached goods together with smal-land attempted to effect a lightning ler lots of high class prints have change into third. 31%f been placed with West Africs.

1933 Crop Figures.

"Then he took his foot off the pedal to slow speed for the hairpin bend, but the engine did not res- pond. Instead, it uttered an ear- splitting noise, and the revolution counter showed that it was racing at full bore.

Power Run Wild. "The accelerator pedal had be The Chinese Cotton Statistics come wedged. All that vast power Association, Shanghai, published was unloosed, uncontrolled, Kaye recently its first estimate of the 'Don realised what had happened. cotton crop in China in 1933 as He was unable to shut off his engine, follows:—-

and the hairpin bend was leaping to wards us with awful rapidity, Area Production

89,157,446 mow

"I braced myself for the sequel 10,734,461 piculs which seemed almost inevitable, but Kaye Don, with his face, grim and

The above figures are based on his teeth clenched, saw a way out the_condition prevailing previous at the very last moment a slip to July 25, 1988 as reported by the road dotted with marshals, m bulance man, and special constables. following provinces:-

"It opened out in front of us, and Area: Production in another second we had passed the (mow) ́ ́(picul), hairpin bend on our right. Don 5,872,170 ́-1,476,007 was standing on the brake and had 5,472,220-1,587,826 awitched off his engine somehow, 1,832,594 619,607 and the car had finished its mad

984,350 career.

1,702,17347606,457

"That was awkward, said Don, 8,810,240 2,829,400, the pedal seams to have become 819.289 212,987 wedged; let us see what has happen-

$2,326 ed.*.

208,400

London, Yesterday.

Paris

84 5/32

New York..

4.54%

Montreal

4.80%

23.59%

Geneva

Amsterdam

.17.08 8.16

Hopeh

Shantung

62 11/16

Stansl

Berlin

18.82

Konan

8,126,770

Stockholm Copenhagen

19,0735

Shensi

22.40

Hupeh

[18.48)

Oslo

19.90

|Hunan

S

2.10

Vienna

80 Nom

Kiangai

190

Prague

111 1/8

Anhwei

1079882

Helsingfors Bucharest Madrid

226

Kiangsu

560

Cheklang:

Lisbon

Athens

Belgrade Rio

89 18/82 109 ~68711⁄2

238 *4/8/8·0.B 424 OR 34 Noin 1/6 1/16 1/8 1/4 5/8 1/2 8/8

Total

Wing On (ILK) (S

$24.710.200.00 Miscellaneous...

HEAD OFFICE: SHANGHAI

HONG KONG BRANCHE:

4. Queen's Road Central..

Owing to our numerous branches in Parsenal", investment accounts China and large connections in the im

handled.

The Company offers to intending Travelers the use of ita uten volare Cheques, and Letters of Credit and.

HK: Amusements...

Ch. Entertainment.-

S. C. Enterprises

United Theatres 23 Macio"Greyhounds"3 Contractions (old)...........

(new)

portant commercial centres of the B. Ind. G-Bonda.. world, we are able to extend to par HK: Gove, Lounas ellents special facilities for domantic Wallace Harpers &Con and, foreign banking and exchanges.

We also handle the fame of Bonds

ing addition, the world-wide" nervices; and other. Public. Funds of the Chin, of its thoroughly persipped Travel De- ese Government beth, at home and partiment.

abroad.

SHOU

CHENA

Buenos Aires Monteveldeo. Bombay.

-- Shanghai

Hong Kong

Yokohama Silver Spot "Forward; v4.

17 15/16

18 1/18 War Loan00 84% 100:

British Wireless Service,

199,127 His examination revealed that the 9,682,925 2,290,769 pedal bad go caught beneath a 1,556,885 515,055 bracket in the footboard, and so held

down. It was the work of a min 89,157,448 10,784.451 ate to release it, and we carried on just as before until we came to the

For comparison the figures of pita.” area and in the first second and inal estimates for 1982, published by the same Asociation are giver below

| 1st" "estimate,

1982

2nd estimate,

1982 Final estimate.

1982)

Ares Production

87,085.775 10,829,162

87,079,8868,094,868

37,099,800 8,105,687

QUALITY PRINTING

With Quick

Service

THE NEWSPAPER | ENTER

161

... 6

American Smelting

5024

8.80

American Tobacco "B". 8934

1.85

American Waterworks

148

Borden Co.

Bendix Aviation

Auburn ********

Anaconda Copper Mining 17%

The greatest of many thrills in and hedge selling. The weather is would naturally become firmer. Al- Houses" races at Douglas, Isle of mixed. Mills are curtailing opera-

there has been A though

fair Man, was provided by Kaye Don

recently. tions pending the evolution of the

amount of enquiry abroad the

When he was approaching a nair- N. R. A. Silver. There is a vo-

turnover has been disappointing. pie bend at about 100 m:p.h. in his the accelerator

Only by great effort was Kaye up an ed the principal demand. Specula- seas buyers have been unsettled by Dou able to turn the

cotton "escape road." scattering marshala 5.10 tors and Commission houses sold, the jerky movements in 11.90-Reuter.

prices, and offers generally have right and left.

"Standing on bus brakes," he Business Done: 2,580,000 shares. been surprisingly low. So far as switched off the engine and pulled

India is concerned enquiry has not the car up just in time.

A Press representative who was a FTICO Price

been very extensive, and demand

passenger in the car at the time said. Air Reduction

100%

has been chiefly for the lighter afterwards: 101 Allied Chemical & Dye .133 131, American Can

88% 69%4 American Tel & Tel... 128 127 36 8912 27% 17%

There have been signs of a good M. G. Magnette

jammed.

car

bleaching cloths. There have also

59

18%

18%

"We had negotiated a maze

of and

1. Case

anadian Pacifie

3034

28

18

18%

.78%

$6.80

National Bank

28%

182

Motor Consolidated Gas of N.Y. 49%

|14

314

Droge,

Curtiss Wright

3%

7.90

Da Pont de Nemours

Ine. :::

81%

79%

(a replacement order. Certain spe

Eastman Kodak

80%

804

140

Electric Auto-lite Co.. 21%

2072

120

Electric Bond & Share.

25

23%

217

Electric Power & Light

18%

11.3

General

General

Electric

254

25

General Foods

137

37%

37%

33%

14

14

14

213

Internat, Harvester

38%

܊ ܃ ܃ ܃

17

889% 16%

206

Liggett & Myers "E""

94 934

20

344 26%

26

57

66

81%+

20% 20

18

28

:། དྷསྶ་་ སཱཐཱཊྛ།།

24%%

24%

54

36%

8%

CHINA

4134

28%

COTTON ESTIMATE.

18

12

Union Carbide & Carbon 45 Union

Pacific

24 24

1. Th

48

United Air & Transport 38% United Corpn.

+1.25%

·826 -7% 65% 5534 United States Steel Westinghouse. E&M 44 44%

124

37

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