1933-10-05 — Page 4

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION

Anshorisa Capital

larged and Pally Maldon

Burro Fundo (~~

Starling

£4,500,000 $10.000.00

Eren Edability of Propetaloes.... 69 kan d

BEAN OFFICE BONG KONTA

BOARD OF DIRECTOSA

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

Incorporated by Royal Charter, 1853

HEAD OFFICE: LONDON.

Paid-up Capital

Reserve Fund

£3,000,000 £3,000,000

React Liability of Pro

Dristors

Agrocles and Bruneber

ALON UTAS

#B 44 DeguDen

Точна

AMBITURE

LOCHINO

NADRAS

Bonfield besa

2011 {fodwell, Tany

+ M.

Panzera. Eng

P

BAIFTUNG

RAMBERO

ПАНКОЙ

4. 1 Dosaysco Fa

+367

BANGKOK

BATAVIA

ULLOUTTA GANTON IEPOO COLOMBO DAIREN FOOCHOW BAITBONG

DAMBURG JANKOW GARDIN ONGKI

$10/14

PO}} JONARN

KOBR

TOW LON

N Murphy Be King Phil Ke

BRANCHES -

LONDON

LIONE

MALACOS

MANILA

AB Lobore EDEN

NEW YORK

PEIPINO PENANO ΠΑΜΠΙΟΝ

SATHION

HAN FRANOLHOO

SHANGBAT

BANGKOK BATAVIA BOMBAY CALCUTTA CANTO I OLWNPURD CENO COLOMB DELAI

BARDIN

TONG BONG

ILOILU

ΣΤΟΡΙ

HENOLNIRE

רז זיי

PINOTAU

NOW Y

Be

E perioda in

STAMA

KORB

MAKILI

MEDAN

THE CHINA MAIL.

Commerce and

Finance.

LOCAL DOLLAR UNCHANGED,

Silver Prices Steady.

The dollar remains unchanged at 1/4

Closing quotations

NEW YORK STOCK EXCHANGE

A.O.F.C. Quotations.

NEW TORL

PEIPING (Pakisa

PENAKO

for silver, both spot and forwards, showed no change yesterday, at 18 5/10 18 7/16 respectivaly.

Aver. Aver.

30 Industrials

and

20 Rails

20 Utilities

The cross rate. Londen on York, le £-G$4,76%. while New

New

40 Bonds

York on London is £-G$4.70%.

BANDON

*AIGON

ЧЕМАВАНО

PEREMBAN

VITANOUAT

SINGAPORA

METEA WAN

SOURABATA

IAIPING

TIENTRIN

KABAUGI

TONGKAN (huber

KLANG

THI OTAQ

KUALA LUMPUR

TOKOTA MA ZAMBOANOI

Foreign

Exchange

and

Genersi

SOTIRABATA

MONORI PATANG TIENTWIN

Lewat ForTER MY

meet Starling

Hong Kong 22nd May 1918.

HONG KONG SAVINGS BANI.

Buntzayne of the abera Bear L

SƯ DA BONG TUNG AND IRAJOKE CAFE.

14 JOSPORATION Beim may be on he had

PUB TA HONGKUNG AND SEA POBA *LBEING CORPORATION.

3. MUILPUN,

Ang af Maures:

Bong Kong, 24th April, 1988.

Banking business transacted.

Current Accounta opened and Fix- ed Deposita received for one year or shorter periods at rates which will bạ moted no application

A. BREARLEY,

Manager.

Hong Kong. 17th November, 1932.

THE BANK OF CANTON, LTD.

Established 1911.

Grad Ober-Hong Kong

Seburtend Capita (H■ Cawory: Pold-Up Dept.

Union Binoghal. Janne

cd Bad Fra

LONDON BANKERS

The Loyd's Desk, Limitné CORRESPONDENTS

In spring the World

Pornga Ekohanga and bucking b

say dawsciption transacted

Bala Depils Baven (ariokua msomi as a guarig sake of beco ậi se Bi

LOOK POONG SEAN,

SAFETY FIRST!

To Safeguard Your Valuables and Jewelleries,

Deposit them in Vanti

that is really: FIRE - PROOF BURGLAR - PROOF

DAMP PROOF!

OUR SAFE DEPOSIT VAULT located on the Mezzanine Floor of Our New building is Specially Cor- structed to provide all of these Im- Dortant Qualities.

You may obtain a Safe Deport 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 Voeur Road, Central.

THE BANK OF TAIWAN, LTD. (TAIWAN GINKO.)

HEAD OFFICE:-Tulpeh, Formosa. Incorporated by Special Imperial Charter. 1859.

Girl Bana in Pormone Baal Notas leased &varngs somal

On and after August 15th, 1933, the rate of Interest un Special Current Deposit will be at 2% pa. on dally balance and the rate for balance over $10,005 will be quoted on application (Maximum rate-14%).

LONDON BANKERS.

Barolayı Bank, Ltd., Lhayda Bank, the Midland Bank Lid. #noteniasim Bink, Las

The Beat as Lorrespondente in all the prekawet po 2 Semeron Cautres throughout the world"

HONO LONŲ BRANCH

E. NAGORA,

1. Das Ver Mond Central. Hong Kong. Donounbar M. 1961

Изларн

THE YOKOHAMA SPECIE BANE,

LIMITED.

Established 1888.

Capital (fully paid-up) Yan100,000,000 Reserve Fund . . . . . . . Yen.121,250,000

BRANCHEF

T.T.

THE BANK OF EAST [3n Saigon-

ASIA, LTD.

Head Ofee Gong Kong

23 nom.

AMERICA'S

AVIATION

INDUSTRY

Investment Policy Outlined.

"SPECULATIVE STOCK"

THURSDAY, OCTOBER 5, 1933.

NEW

G

ADVERTISEMENTS

R

PUBLIC AUCTION.

BANK HOLIDAYS.

TX Accordance with Government Ordinance, the Exchange Banks will be CLOSED for the Transac ARTICULARS & CONDITIONS tion of Public Business on MON-

PARTICULARS & CONe Auction DAY and TUESDAY, the 9th and

yeara.

at

W

NOTICE.

remain

1 All departments will be CLOSED

PARTICULARS OF THE LOT. on the 10th inst. with the following

exceptions.

Registry No.

Locality.

Boundary

Peak Store and Kowloon Branch,

on Sundays.

Exchange Restaurant and Corner

to be held on Wednesday, the 10th of October, 1933, (Anniversary New York.

11th day of October. 1933, at lof the Chinese Republic). "In formulatiog investment

3 p.m. the Officea of the policy toward the stock market, one Public Works

Hong Kong. 4th October, 1933. must give sole consideration to the Order of His Excellency the Go

Department, by small but important group of com- ernor of one Lot of Crown La New York, Yesterday. Dow Jones Averages.

panies engaged in the aviation in at Tai Shek Ku, in the Colony Last To-day's Changes.dustry." States "Moody's Invest of Hong Kong for a term of 75

ment Survey. 93.66 08.60 5.05 up

years, with the option of renewal JE beg to notify our customers To say that the aviation stocke at a Crown Rent to be axed by 40.00 42.83 2.77 up! 24.81

1.53 are essentially speculative is, of the Surveyor of His Majesty the Branches 26.34

that 1 Mam Store and 63.81 83.86 05 un course, altogether too obvious. No King, for one further term of 78 MONDAY, 9th instant.

Wit Messrs. E. A. Pierce & Co. Re-'one should touch

open 021 them unless he port:-"There is no news yet to ac-recognizes their comparatively un- count for the demonstration to-day, tested qualities. although traders believe that the

The chief uncertainty surround. ! market had been thoroughly Molu 'ing these stocks lies in the fact out. There were rumours of the that all transportation companies Usual kind that an important An- are supported by government sub. nouncement was shortly forthcom-sidies. This support may be. ra. ing from Washington. However, moved

time. at any the rumours were no more definite Nevertheless the probabilities run than they have been. Wheat strongly against any such thing. Valdes advanced in sympathy with chiefly because the Government is securities and in anticipation that desirous of fostering

new indua- the President's speech to-night may tries and aiding the aviation in- deal constructively on currency; also dustry in particular, due to jon rumours that gold was going to well recognized need of airplanea

40 dollars per ounce. Cotton: for national defence purpose. Sentiment was more friendly in line The danger of sudden reversal of with the improvement in other mar- government polley, which is the kets. Demand was more general. chief speculative element, is then. a which only absorbed moderate relatively small one. On the other! hedge sales.

The market side, there are the undoubted facts opened barely steady, but later that air travel has steadily grown steadied on a quiet market demand. during the depression, while mail The Shangha holiday tended

Silver:

or reduced

the

to and express business han also de-

15 mother

落。

PL

f1.

If about

à per le plas. 117,000 1,400

G.

R.

PUBLIC AUCTION.

check foreign business to some ex-veloped rapidly; that air Ise de- PARTICULARS & CONDITIONS

Lent.--Reuter.

Business Done

Caterpillar Co.

Chase National Bank

Consolidated

Wednesday, the October. 1933, at of the Department, by

portation has earned its piace as to be held on 2.130,000 shares. fixture during the past few years; 11th day of

Last To-day's ti at this country is taking steps in 3 p.m. at the Offices Price Price the direction of fostering

Works Latin- Publie

House, OPEN as usual.

LANE, CRAWFORD, LTD.

S. C. B. ANNOUNCEMENT

We have

announcing

great pleasure in to the Building Public that our modern Brick. works at Castle Peak having

started operations. we are pre-

pared to negotiate sales of the following goods;→

Racing Clinkers

Hard Burnt Facing Bricks Hard Burnt Solid Bricks

Hard Burnt Perforated Bricks

All Enquiries will be cordially and promptly attended.

American trade, which should Order of His Exceliency the Gov. SOUTH CHINA BRICK-

mean increased business for euch ernor of one Lot of Crown Land important lines us Pan-American between Repulse Bay and

West 47% and United Aircraft and Transport Bay in the Coleny of Hong Kong, among transport companies and in- for a term of 75 years, with the op- directly the manufacturing com-jtion of renewal at a Crown Rent be fixed by the Surveyor His Majesty the King. for

223441 23%+ 414 45%

to

companies of

are well established financially, one further term of 75 years. and most of them are now on a pro-

table earnings basis (with the aid, lof course, of governmental

aidien.)

sui

EXCHANGES.

TO-DAY'S QUOTATIONS,

On London-

1 4%

On demand

1/4%

4 months' sight Credits 4 months'

sight

1 5

1/534

On New York On demand Credits GO

sight

days

NOW

On Paris

On demand Credits might

5524

month'

592

Un ladia-

T.T.

93

On demand

93

Senglezala,

On Shanghai-

On demand

110

On Kobe

On demand

118

Air Reduedun

100

106

On Manila--

Allied Chemical & Dye 131

135%

On demand

67

American Can....

On Singapore...

Ameriene Smelting...

Chief Manager

On demand On Batavia-

60

Qu demand

633

American Tel. & Tel. American Tobacco "B" 84%% American Waterworks 20% Anaconda Copper Min-

58 45%

117%

120

88% 2314

panies.

ing

16

17

Finally. the leading

On demand

654

Auburn

4&

On Bangkok-

Bendix Aviation

50/5

15

10%

Barden Co.

...

23%

On demand

132

Canadian Pacif

14

Sovereigns bauk buy-

J. I. Case

66% 70%

ing rate

154

194

21

Bar Silver per oz.

185.16

Chrysler Motors

dar Silver in

Kong

Hong

Gar

of

N. Y.

$10,000,000.00 6,528,600.00

Copper Cash

Nominal

Du Pont de Nemours

74%

78

dpper- Centa

1% prem

Curtis Wright

2%

2

Eastman Kodak

70

70%

Electric Auto-lite Co.

10%

18%

2.812,000.00

314% D.. Chinese Sub. Cotn....323⁄4" dia. Hong Kong Sch. Coir par.

Electric Bond & Share

17%

18%

Electric Power & Light

General Electric

19%

20%

General Frods

35

35%

General Motors

2844

31

Gold Dust

Gillette Safety

124

13%

20%

36% 3844

Internal Tel. & Tel.

12

14

73 23/32

94% DG

22.10

20

33

12.93%

18% 41

National Risesit

4854

GOM

103%

National City Bank

25%

261

560

National Dairy

Pro-

ducts

14%

10%

14

15

& Electric

20%

20%

28

30%

74

24

421⁄4

Standard

27

254

Standard 01: Co.

of N. J.

10% 11

20

40%

Socony Vacuum

Corpn 11%

1244

Texas Corpn

20%

27%

Trans-America

5%

#

Closing Commodity Prices October 4.

од

& Car.

Silver:

Commodity

Exchange

bon Union Pacific

40%

45

107 136

Inc. of New York:

United Air &

Treni-

SILVER.

port

30%

3%

Oct. 3.

OCL. 4.

United Corpn

0%

014

United States Steel

15%

48%

22.40

Westinghouse

E & M 34%

37%

19.90

225

36 27/42

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

Authorised Capital Paid-up Capital Reserve and Undivided

Profits

BOARD OF DIRECTORS: -

Sir Shouson Chow, Chairman

1.1 Коол Свид, Ева.

P. K. Kwok, Esq.

Wong Yun Tong, Esq.

Chan Ching Shek, Esq.

Li Lan Sang, Esq.

Pan Blu Cho, Esq. Wong Chu Son, Esq. Kan Ying Po, Esq.

San Tong Po, Esq., Chief Managor. Li Tae Fong, Esq., Manager.

Correspondents in all principal cities of the World.

Every description of Banking and exchange butinene transacted. Loans granted on approved securities.

Safe Deposit Boxes To Let

KAN TONG PO,

Chlef Manager.

THR

AMERICAN EXPRESS COMPANY, INC.

Head Oce-65, Beondway. New York.

Capital Surplus Reservon

................U.8.$6,000,000.00

.U.8.$1,367,089.17 U.S.$1,718,978.67

BRANCHES-

Amariam

Ga

Kesicu City

Magino

Best Olice:-YOKOHAMA.

Mala

Bombay

Branchen and Agənclər atı

Alexandria

Nagasak

Bambury Laers 1guldeter Latera

London LÁTO

Please Faria Popis

Rotterdam

Claire

Batavia

Berlin

Bombay

Caloutta

Cantos

Deiren (Dainy)

Nagora Nowchwang

New York

Osaka

Peria

Pelping

Tougtis (Mukden) Rangoon

Hamburg

HenkowTM

Harbin

BAKOGE

HORE

Honolula

Hainidag Earschl

Kobe Losdos Los Angeles Manila

Rio de Janeim Ban Francisso

Besitta

Bamarang

Shangha

Ehimenawal

***** Bingapore N

Sourabaya

Tokyo

Bydney Textala Telortan

Laserest allowed on Current At- goats.

Duponits received for dead periods at rates to be obtained on application

H. NORL

Manager. Hong Kong, 11th September, 1982,

Marolles

Taormina

Copenhagen

Man Carla Manila

Inkohama

Dublin

Fium Cheers

Masina Mila

Branches of American Express Com- pany to Principal cities of United States of America and Casada.

All chaser of Commercial Banking, Transactions undertaken

Personal

handled.

investment

tate of Native In-

terest

Nom.

LONDON EXCHANGES.

London. Yesterday.

Parin

Bussels

Berlin

Prague

Albons

Rio

Lisbon

Bombay Yokohama Helsingfords

New York Geneva Milan

Buenos Aires,

Bucharest Silverspot War Loan Montres Shanghai Amsterdam Stockholm Vienna Copenhagen Oalo Belgrade 'Madrid Montevideo Hong Kong Forward

4 3/8 O.R.

102

L/G 5/64

1/2 3/16 2264 4.76 3/8 1'5.89

59 11/16

45% O.R. 622

18 5-10

Internet Harvester

Liggett & Myer "B"

Loew's Inc.

Montgomery Ward

Olis Elevetor

Pacifle Ga

Packward Motor

Pennsylvania Rly

Radio Carpn Sears Roebuck

Brande

Standart GAS

3% 101 Union Carbide 4.86 1/3 7/16 7.68 19.40 28

37 Nom.

1/3-1/8

18 7/16 -British Wireless Service.

THE BANK OF CHINA. 行銀國中

Reorganised October 28, 1928, under special charter of The National Gov- ernment as an

INTERNATIONAL EXCHANGE

BANK

Subzerived Capital....$25,000,000.00 Paid-Up Capital .....$24,710,200.00 Reserve Funds

# 8,820,505.32

HEAD OFFICE: SHANGHAI

Yaparken d

HONG KONG BRANCH:

4. Queen's Road Central.

Owing to our numerous branches in socotats China and large connections in the im portant commercial centres of the The Company offer - to intendios cilenta special facilities for domestle. world, we are able to extend to par Travelers the use of its "Traveler and foreign banking and exchanges. Cheques” and Letters of Credit and.

We also handle the issue of Bonda

In addition, the world-wide services and other Pubile. Funds of the Chin-

of its thoroughly equipped Travel Dee Government both at home and partot

abroad.

E W DROGAN,

Manager

SHOU” J. CHEN,

Manager. Hong Kong, 5th March, 1981.

In establishing investment policy in regard to common stocks, it is 40 42% impossible to say what proportion

SHARE MARKET.

the

The fetal Summary of Hong Kong Stock Exchange issued yesterday at 12.30 p.m.

Wednesday being only a short session, there was hardly anything? lof importance to be noted in the market during the morning, except that Wharves and Trama firm, owing to a food demand.

SALES

Hong Kong Banks $1815 Bagulo Gold 92 cta.

Hotel $7

Electrica $771⁄2 Telephones 385

Constructions (New) 95cts.

BUYERS

Hong Kong Banks $1800 Canton Insurances $820. Union Insurances $566 Douglases $84

Wharves $120 Kotels $0.90

Hong Kong Laude #781⁄4 “Humphreya $18,05 --

Hong Kong Trams $22%1⁄2 Telephones 34%1⁄2 Dairy Farms #29% Constructions (New) 90cts. Govt. Loans 3% Prem.

SELLERS

Humphreys 18% Watsons $8.

were

of one's funds might reasonably be in aviation securities as a specula- tlon. There is no logical basis for forming a conclusion of that sort But it would appear to be a wise policy to include a minor portion of such stocks in a well construct- ed list. if representation among more speculative issues is desired at all. (Per Asia Lande, Lad.).

COTTON, SILVER AND WHEAT

Latest Quotations.

New York, Oct. 5. Maasra. Asia Lands Lid, have ra- ceived the following quotations on the New York cotton and rubber. silk and silver exchanges on the Commodity Exchange Inc. New York:

Oct. 40.00 Bid Dec... 40.30 Bid

wheat.

40.10 Bid 40.40 Traded .. 41.00 Traded 41.10 Traded Total Sales for the Day:

Mar.

119 contracts of 25,000 ozs cach--| 180 contracts of 25,000 ozs. each.

Market:-Firm.

Rubber:

RIBBER.

Commodity Exchange

Inc. of New York:

Oct. 3, Oct. 4. 7.68 8.05 7.96 8.35

October ¡December ¡March

8.40 8.82 May

8.63 8.09 Standard No. 1 "B" Contract:- (Contracts of 10 tons each). Total sales for the day-

485 contracts-402 contracta.

NATIONAL SILA EXCHANGE.

Silk: Commodity Exchange Inc. of New York:-.

Oct.

Oct. 8 Bango Oct. 4 Range 1.05 1.68 1.60 1:63

BUGAR. Sugar: New York Sugar & Cot fee-Exchange+ming can be

December March

Oct. 3. Oct. 45

No. of Hals.

PARTICULARS OF THE LOT.

Registry

Locality.

Bey Maqolada Octa

EL

2 shoul

per al pism

PUBLIC AUCTIONS. TH

HE Undersigned have received instructions to sell by Public

Auction

ON FRIDAY, the 6th October, 1933, commencing at 10.30 am,

at their Sales Boom,

4, Duddell Street,

A Quantity of Office & Household Furniture etc., etc.

Terms: Cash on Delivery.

LAMMERT BROS.,

Auctioneers

Hong Kong, 5th October, 1933:

HE Undersigned have received

Tinstructions to sell by Public

Auction

ON

SATURDAY, the 7th October, 1933

commencing at 11.a.m.

at No. 5, French Bank Bldg., 3rd Fl. A Qauntity of OFFICE FURNITURE comprising:

Iron Safes, Royal & Remington"] Typewriters, Table fans, Desks, Bookcases, Chairs, Pencils, Office Requisites, Pencil holders,

also

WORKS LTD.,

HONG KONG. JACKSON LIAO. Managing Director.

CHARLES GEHRING, Chief Engineer.

Itead Office:

Gloucester Building,

(2nd Floor),

Des Voeux Road Central, Hong Kong.

Telephone: 28212. Cable Address:

Works:

San Hu,

Castle Peak. New Tritory.

"Brickworks."

KING'S

THEATRE.

COMMENCING

OCTOBER TENTH.

THE THIRD THEATRE

IN THE WORLD TO SHOW

and

LILIAN HARVEY'S

1 Herring Hall Marvin Combina-

tion Safe

3 scales.

Terms: Cash on Delivery.

LAMMERT BROS.,

Auctioneers. Hong Kong, 5th October, 1983.

FIRST HOLLYWOOD PRODUCTION

"MY

LIPS BETRAY"

WITH

+

................

1.45 1.47

1.50 1.54

1.58 1.57

Market:-Quiet,

May

Jan. 9.83 0.88 Mar....10.00 10.00 May...10.16 10.16 July 2.10.32 10.03. Middling,

Spol 9.80

9.90 CHICAGO WHEAT. Wheat: Chicago Board of Trade:

Oct. 8. Oct. 4. December

80% 50% 93

0.92 9,02.

10.11 10.11

10.28 10.28 10.43 10.43

"..

94

EL BRENDEL

.914

98

Oct. 8 Ranga Oct. 4 Range

·Oct... 9.58 0.58 Doc, 9.75.-0.76

9.85 9.65

Total Bales for the day:

10,000,000 10,000,000

'!!!

A SUPER FOX PICTURE,

bushels

bushels

9.87 9.88

May ...

COTTON." Cotton: New York Cotton Ex- change;

July

JOHN BOLES