1933-10-21 — Page 4

T. T.

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION.

Lushorina Capital

Some Fund 100

Berling

Kauno Bánhlig af Proprietors 131,000,00

READ OFPIOR: HONG KONG.

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

Incorporated by Royal Charter, 1858.

HEAD OFFICE: LONDON.

4 months' sight

4 LRGIM

MAKILA

MEDAN

1. 1. Pass. Bat.

Chairman

link, Ger.

Deputy Chairm

K. Bonaftell, Kaj

El Dodwell, aq.

. Mirka, Esq.

Hon. Mr. 3, 1. Paberken.

3. Á. Plummer. Mag.

· N. Hurplų, Esq. Acting Chiel Blinagre

BRANCHES 1—

LANDOR

BANGKON BATAVIA BOMBAY CALOUITA DANTON

CAW SPOA》

СЕЛО

COLONBO

DELMI

NEW TORE

PRIPINO (Paking| PENANG BANGOAB RAIGON SEMARANG SEREMBAN ASSANOTAL NINOAPOR

Hampi, Kaq,

M

Mackin.

PORNAT

sight

THE CHINA MAIL.

Commerce

Finance

and

H.K. STOCK EXCHANGE N.I.R,A, AND

ITS EFFECT

Opening Daily Official Q'tionL

October 21, 1933.

SATURDAY, OCTOBER 21, 1933.

Local Share Market

Weekly Reports by Brokera

Hong Kong, Oct. 19. Mr. G. A. Harriman's <hare report and market issued at noon states:-

weekly review

ON DIVIDENDS The market during the week un- der review had a few bright spots jalthough rates in some sections

5 Per Cent. Tax On - Cash Payments.

U.S. INVESTMENT NEWS

were slightly marked down, the most redeeming feature was the the

rise In Telephones which at close improved to $36 cash and

H. & Kowloon Wharves, $126.50 H. K.Tramways, $22.30/22.50. Peak Trams (new), $775. Star Ferries $100.25.

Yaumati Ferries, $22.

China Lights (old), $11.55/60. H.K. Electrice, $76.75/77.00. Telephones, $35.50/36.00. Cements (comb.), $3.80/90, Ropes, $7.55/75.

Dairy Farms, $29.40/50. Constructions (new), 90 cts.

The Official Summary of the $36.66 November. Star Ferries re- Hong Kong Stock Exchange issued mained firm with enquiries at $100. yesterday at 3.15 p.m. In response TO numerous in-Hong Kong

Dull and uninspiring would per Electrics receded quiries regarding the reason for the little and though they were done laps best describe the state of the deduction of 5 per cent, from divi- during the week at $76.75/77.00, market in the past week. The few dends declared by American cor the market closed somewhat carier sales in Banks, Unions and Star paratices, we are calling to the at- with bayers only offering $70. Ferries for investment purposes tention of our clients Section 212 Hong Kong Lands changed hands excepted, the rest of the trading. A of the National Recovery Act. at $78 and more shares were ob

EXCHANGES.

TO-DAY'S QUOTATIONS.

On London--

1/4

On demand

1/4

1/6

Credits 4

months'

1/53

On New York —

Paid-up Capital

£8,000,000

On demand

32 nom.

Reserve Fund

£8,000,000|

WOARD OF DIRECTOR ---

Reserve Liability of Pro-

prietors

Credit 60 days'

£3,000,000

sight

NOW

On Paris-

Agencies and Branche:

On demand

575

ALOR STAR

Credits 4 months'

AMRITSAR

LUCHING

KADRAS

sight

615

STOCK

Bay CIT

11

་

-alo Nom

On ladta-

Τ. Τ.

934,

Banki

1

On demand

93%

H.K. Bank

1694

On Shanghai-

(Lon. Reg.) Ĺ....

1814

On demand

110

Chartered Bank...kaj m

151

On Japan:--

Mercantile Bk.. A&BL¦

KA

LITIAWAN

On demand

1164

C. A

$19)

12

SOURADAYA

TAIPING

On Manila-

TIENTSIN

TONGKAT (19) uhəm

TRENGTAO

On demand On Singapore---

64 nom.

Bank of East Asia...$ ... Amer. . fin. C.M.$)

ษ

10

Ch, Fin. Car. 0. 5.$

TOKOHAMA

ZAMBOANO

On demand On Batavin-

60

P. 5.$

General

On demand

56

Cauton Ins. ...

On Salgon-

Union Ins.....

$578

On demand

57%

China Underwrisers $.....

2.10

On Bangkok –

China Fire Ina. ........$

596

On demand Sovereigns bank buy-

132 nom.

B.K. Fire Int.

(290

International Asser.S.$

ing rate

175

Bar Silver per oz.

18

Bar Silver in

Kong

Hong

H.K. Steamboats.

118

Nom.

Indo-China (Pref.)...$

100

Nom.

1% rrem.

Shelli (Bearer)...

(Del.)$;

-

125

But

Kate of Native in-

terest

Unino Waterinais. $.

34% n.R.

Mining

33 dis,

Antanok, natatoci

Bert.75786 .

LMOT

BANGEGE

BATASTA

BALCETTI CANTON OBERO COLOMBO

MANILA

LYOKE

MALLOOL

MUAM (Fahora)

MURDER

NEW YORK

PETENC

DAINEN

FOOCHOW

TLA XGOON

SAIPHON

BANDURO

BAN FRAKOLBOO

BANKOW HARBIN

SHANGHAI

BINGAPORE

NOURABAYA

ILOILO

PO

10402

XOBR

PEÑANO

BAKKIN

TRIMOTED

TOROBAMA

-

KAJPHONG

BIBURO

BANKOW

WARNIN

ILOILO

FONG TONG

ПРОД

KARACHI

ILANO

1081

SONDELY

KOWLOON

KUALA LUMPUR

RUMORI PATANI

FERNTAIN

ТОКТО

Carol Annis opened to Lecal Churasany La Picad Deporte raveled dyr me your shorter pariede la Lonal Ourmory and fucking arme which will be quoted on application. Hong Kong. 22nd May, 1983.

The basisom at the abere Bakh is soakleysa HEM HONG KONG AND DHANOWA: BAKE 196 CORPORATION Rain may be ableitað 18 napilandian.

FOR THE HONOLONG AND BRANG BI.

PETA DORPORATIOA.

A. MURPUV,

Arthur tbler Lammy19

Hong Kong. 24th April, 1983.

XUALA LUMPUR

Foreigs Exchange and

Banking business transacted.

Current Accounts opened and Fix

ed Deposits received for one year or shorter periods at rates which will be quoted on application.

A. BREARLEY,

Manager.

Hong Kong, 17th November, 1932.

THE BANK OF CANTON, LTD. Copper Cash

Established 1913.

Blend Oder:Hong Kong.

Amberland Capital (11 B. Currvosy!. $11,000,00 Paid B Capital Kasarve Patil

Casion.

Shanghai, Pasion, thangkok,

and Ben Franolace.

LONDON BANKERS | –

Tha Lloyd's Bank, Gimlinč CORRESPONDINTE

i el privolal villas ist the World.

Forsigu Azolaags and banking Meringen of

option transgotad.

For

Mats Deposit Boxes (various nisov, al a yearly wake of from 83 to $40

LOOK POONG BBAN,

Copper Cents

LONDON EXCHANGES.

HONG KONG SAVINGS BANK.

SAFETY FIRST!

To Baleguard Your Valuables and Jewelleries,

Depoll them la a Vault

that is really: FIRE PROOF BURGLAR - PROOF

DAMP PROOF!

OUR SAFE DEPOSIT VAULT jocated on the Mezzanine Floor of Our New building in Specially Co- structed to provide all of theee Im- portant Qualities.

You may oblato a Safe Deporit Box in this most up-to-date Vault for your own use at a very moder- ale Rental.

Inspection Cordially invited.

THE NATIONAL COMMERCIAL & SAVINGS BANK, LTD.

Corner of ice House Street and Des Voeux Road, Centru}.

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

HEAD OFFICE:-Taipeh, Formons. Incorporated by Special Imperial Charter. 1859

-

Omniral Bank in Formos

*A300 P

Baan Kota Larued kvarnes amount .. Ver

On and after August 16th, 1933, the on Special Current rate of Interest Deposit will be at 2% pa. on daily, balance and the rate for balance over $10,000 will be quoted on application. {Maximum rale-1%%}.

LONDON BAKKERS. Bardage Back, End, Lloyds Bank, Lai Midland Book, Láé., Woman tokave back 1.5

The Bank has Gornapokásata is all the petonipe) Jeminerals! Canira denaghent the world

HONG SONO BRANCH :

L. KADURA

A Dos Vast Bosé Destrni

Boog oog. December 9, 1901

Мар

THE YOKOHAMA SPECIE BANK,

LIMITEO.

Established ́ 1584,

Gapital (fully paid-up) Yeni00,000,000 Reserve Fund

SANCHES free

$145.00 1,191,1

THE BANK OF EAST ASIA, LTD.

Head Office: Hong Kong,

No. 12, Des Voeux Road Central.

Chinese Sub, Coin Hong Kong Sch. Coir par.

Insurances

Shipping

Douglases .....

Baguin Gold

Benguet Consoleslawed

Exploration $ Goldfield

...

Big Wedge

Gold Creek

י

ILK & W Tocks S |S. Ch. Muzon (A)$}

(B) S Ch. Provident (old) $}

(new) $

:

Consolidated Gas Company Of New York.

was slightly

EL

such as it was, was either for the

Closing tone decidedly dull.

Business Done During the Week.

Hong Kong Banks $1,820, $1825 Union Insurances $577 Wharves $126

Hotels $6.80 Humphreys $12.90

which became a law on June 16, tainable at this figure. The Ster-liquidation of October contracts, or 1933, and which levies a 6 per cent.ling section

professional. Armer tax on cash dividende declared on with Hong Kong Banks and Unions or after that date, payable to Buy in demand at $1,820 and $578 res- person other than a domestic cor-pectively. In the mining section, poration, state Messrs. Asia Lands Antamoks suffered a set-back, and Ltd.. in the latest United States were transacted at declining rates investment news. This tax is de-from $1.00 to 83 cents. Baguio ductible at the source.

Gold

came to business at 75/76 cts. Amongst the minor issues Hotels were put through at $6.80, of closing a steady with buyers at the common stock of the Consoli-this rate,

Chinn Lights (old) and dated Gas Company of New York Ropes saw new low levels, shares it is well to keep in mind such having changed hands at $11.55 BASIC factors મ the financial and $7.55 respectively. Cements strength of the company, the neces- (comb) were a shade easier, with sary service supplied, and the high-business done at $3.80, The clos- ly important area in which this sering tone of the market 18 again Vice is rendered. These factors are rather quiet, but the brisk rine in far more important to the long telephones has undoubtedly had a Oct. puli investor than the

uncer- refreshing effect in one section of

In considering the position

rets. tainties of the moment for they the market. Hocta, are the ones that will prevail In

Bualness wholly possible that week:- It is

fo

pressure will continue to be exerted

on this and other utility stocks marketwise and accordingly they may lng in comparison with stocks of other groups. Nevertheless this) development in itself I not suff. cient reason to dispose of the stock by those taking a longer range view and interested in equities presum-i ably from an income point of view, Drug, Incorporated.

London. Yesterday.

4

time.

Paris

82 11/32

Ip Mining

kit

New York

4.513

Itogons

171

Montreal

4.06

Kailan Mining Ad, ■f-

о

Brussels

23.10

Langkats (Single) S.

(18)

Chief Manager,

Geneva

16.03

| S'hai Explora' vom 8.5

j4.25

Milan

GI

Loan

5.31

0.60

Amsterdum

7.99

kaul

|19|

Berlin

13.49

Venezuela G. Fields

Stockholm

19.40

Copenhagen

22.40

Decks, Wharves, Gedowns, &c.

Oslo

19.90

H.K, & K. Wharves £125

Vienna

2834

Prague

100 7/2

...

Helsingfors

226/

18

Athens

9.70

Madrid

382

"

33.86

$10,000,000.00

Lisbon

107

Hongkes t

10.9

5,528,600.00

5422

5.1

18

232

[Shanghai Bocki .5$.

2,312,000.00

Rio

4% O.R.

43% O.R.

Ewo Cotton

S.3

30 Nom.

1/0 3/04

Shanghai Con $$ Zoong Sings

108

5.3.

ca Drug Company.

1/04

Wing On Textile 5.8

1/5

Chemical Company.

1:2 7,16

One-fifth share

in

18

Bristol-Meyers Company.

18

101 9/16

Established: 1918.

Authorised Capital Paid-up Capital

Reserve and Undivided

Profita

BOARD OF DIRECTORS;-

Bir Shouson Chow, Chairman.

Li Koop Chun, Esq.

P. K. Kwok, Ex.

Wong Yun Tong, Esq.

Chan Ching Shak, Esq.

Li Lan Sang, Esq.

Pun Hin Cho, Esq. Wong Chu Bon, Esq. Kan Ying Po, Esq.

Kan Tong Po, Esq., Chief Managor. Li Tre Fong, Esq., Manager.

Correspondents in all principal cities| of the World.

Bucharest Belgrade

Buenos Aires Montevideo Bombay

Shanghai

Hong Kong

Yokohama

Silverspot

Forward

War Loan 8%

-British Wireless Service.

THE BANK OF CHINA.

N. Enginering

Cotton Mill..

Lands, Hotels, da Buildings.

H.K. & S. Hotch....$4.80 H.X Land...

⠀ ⠀

At a special meeting on August 7. stockholders of this company ap- proved the proposal to dissolve Drug, Inc. and to distribute to ahareholders, stock in the five prin- cipal subsidiaries. The holder of cach share of present Drug stock will receive:

One-half share in a new Ster- ling Products Company.

Two-fifths share in a new Unit-

One-fifth share in a new Vick

*1

new

One-tenth share in a new Life

Savers Company,

the exception of United Drug, the profits of which fell off very sharply during the depression, the indicated records of the other four companies, which will result from the dissolution of Drug, Inc., have been quite steady. Reported results of the new companies for 1932 are not greatly below those of the predecessor companies prior to: their' inclusion in Drug, Inc. In

18

Shanghai Lands 5.$ M'politan Land S.$ Humphreye

13

With

12.65

H.K. Reales

Asia Repiti "A" 5 $}

|1.00

"B" S S Chinese Estates .....$ Club Realti 5.$ China Debentures 5.5

190

1002

18

1187

Subscribed Capital...$25,000,000.00 Paid-Up Capila! Reserve Funda

Public Utilities. H.K. Tramways Peak Tram (old) $ (new)...3

1.80

14

4.

HEAD OFFICE: SHANGHAI

HONG KONG Branch:

Reorganized October 20, 1928, under: special charter of The National Gor- Lodernment as an

Every description of Banking Exchange business transacted. Loins granted on approved escurities.

Safe Deposit Boxes To Let

KAN TONG PO,

Chief Manager.

THE

AMERICAN EXPRESS COMPANY,

INC.

Head Ofee-65, Broadway. New York.

.U.8.$8,000,000.00 US$1,887,080.17 U.8.$1,718,979,67

INTERNATIONAL

BANK

EXCHANGE

$24,710,200.00 | Na Verties $8,820,505.82 Yaumata Ferry $3.50)

Chins Lights (old) $ (new...$

4, Queen's Road Central

H.K. Electric $704 Macon Sandakan Lights....5

Owing to our numerous branches in H.K. Tdı, s.......$) China and large connections in the im-China Buses.$ portant commercial, centres of the S'porcTractions(0.}/-|-... world, we are able to extend to our

cliente special facilities for domestic and foreign banking and exchanges.

(P./-

Industrials.

We also handle the issue of Bonds Malabon Sugars and other Public Funds of the Chin Cald: Mag. 0, 8.5

ese Government both at home. and abroad.

P, S.S

| Canton Ices spons

Manager, Cements (com,)'......$8.70

Capital

Burplus Reservoa

.Yen.121,250,000

BRANCHES

Blog Hames

Mexicu

SHOU J, CHEN,

Hong Kong, 5th March, 1981.

Head Ofici:-TOKORAMA.

Mania

#d

Taria Palping

[

Branchen and Agencies at

Alexandria

Bradl Daire

Cannes

Openingra

Kätebaugh

Landes Liverporé

Chenghad

Masio Duria Mandia

Taormine

Toties

܂

Batavia

Berila

Bombay

Delcutta

Canton

Dairen (Dalay)

Narsask Nagorn New.kwaas New York

Qaaka

Paris

Faiping

Fangtian (Mukden) Rangoon

Hamburg

Hankow

Barbin

Home Tour Konoinla

Helaking Karachi

Los Angilis

His de Janeiro

San Francisco

Bestile

Semarang

Ebangha)

Bhimonoseki Singapore

Dapculta resolved for

́at-rates te, be obtained on applies!

H. MORI

Hong Kong, 11th September, 1988,

·Branches of American Express Com- pany in Principal clifes of United States of America and Canada.

All classes of Commercial Banking Transactions undertaken.

Parasnal fervaalmoet · ́necounts handled.

**

(old)

THE MERCANTILE BANK OF 11.K. Ropel

INDIA, LTD.

HEAD OFFICE.

35, Grow.hard Basel, Londen, 1.06.

Authorised Capital ....£8,000,000 Subscribed Capital ........... 1,800,000 Paid-up Capital ................. 1,050,000 Reserve Fund & Rest 1,245,785 BANKERE The Bank of Kugimi a Killand Bank, 148: BRANCHER Bangkok

New York Bombay Calantie

واصلية .

Bulld Galla

Howrsk

Kaudy

Koia Blair

Pas kole

(hauria) Konda Lapla Bagon Kunia Lampor Shengm Xuanian (Fakang) Birala Mains

Slagspore

LONG KONO BRANCH. Bricy description of Dorking and Kachonga burt-

Fut

16:

3:20.18

***

***

Stores, &c. Dairy Farms Watsons?PI Der & Wings poissons Lane Crawfordi.....$5.98 Mackintosh

Sincere

W. Powellsum, Wing On (1K) (.5] [m]

Miscellaneous.

1.K. Amusemeni.... Ch. Entertalameau.......... S. C. Enterprises si:5; ***) United · Theatres: 8.$ Macao"Greyhounds” *** Constructions (old),..$8,00

*** (new)......,$Bastu.

The Company offers to intending Travilnes Choques lensed. Travelers the use of fta "Travelers Trastes and Executorshipa undar. Ind, G3 Boada. Chrowsers and Letters of Gradit and, tukan. inn nádition, the, world-wide

H.K. Govt. Loans...$% „INTEREST allsend and Derani, Lactivate and Wallace Harpers &Co.$. of its thoroughly nusisped Travel Das Black Dupeale në Balan that may be morris.zed

DUGGAN,

***

J

70/201

+

fact, In one instance, that is. Bristol-Mayers, 1932 earnings ex- ceeded the last reported separate results.

These four companies are all en- gaged in distribution of pro- prietaries or trade marked products and face prospects of moderately better results with general improve- ment United Drug, may be able to, recoup a good portion of its former substantial earning power under ex- | tanded improving conditions. How» ever, except in the case of United Drug stock from a purely specula tive viewpoint, appreciation possi bilities in the other four. Issues do not appear to be particularly great. Another factor which does not in- 500s,dicate very great attractiveness for

༄༤:སྐང་ཐུབྷ་བང་RRཚོ,= -=ga=

20.40)

... 10

a commitment in this situation is the likelihood that within a reason- able length of time the Government; will take steps to strengthen "and extend the scope of the Pure ·Food and Drug Act of 1906, The effect

of such legislation upon makers of proprietarien, is obviously uncertain and, it is thought, unlikely to bene- at their particularly. "Quite pos sibly, advertising will have to be toned down and sales consequently auffer to some degree,

'Accordingly, from a longer term viewpoint more attractive holdings |than Drug, Inc, are available and, as substitutes, Brown Bhoe› Com- pany · common : (asian income- producing - issue if obtainable at current prices around 48) or Her-|| |cules Powder common, (as 4 ktock with: more clearly defned apprecia» tion possibilities it outainable at | current”, prices around: † 48) Kåre

suggested.

·

done during the

Hong Kong Banks, $1,820/25 Union Insurances, $577.50 Antamoks, 83/98 cts. Bagulo Gold, 75/76 cts. Hong Kong Lands. $78. Humphreys, $12.90. Ewon, $814.35.

Hong Kong Lands $78 Star Ferrien $100% Peak Trams (New) 87% Tramwaya $2214, $22.30 Yaumali Ferries $21, 22 Electrica $77, $763⁄41⁄4, $76/70%1⁄2 Telephones $35 $95%

Dairy Farms $201⁄2. $29.40 Antamoks 95 cts., 98 cts.. 85 ets. Entertainmenta $10

Baguio Gold 76 cts. 75 cts. Ewa Coltons Sh. $14.40, $14.85 BUYERS

Antamoks 75 ets.

Hotels $0.80 Telephones $35

SELLERS Antamoks 85 cta.

SALES Antamoks 85 cts. Telephones 5361⁄2/86% Electrics $76/761⁄2 Entertainments $10

KINOW

· AIR-CONDITIONED THEATRES

COMMENCING TQ-MORROW

THE HILARIOUS BRITISH COMEDY ! 66

ORDERS

IS

ORDERS"

WITH

CHARLOTTE GREENWOOD

JAMES GLEASON

CYR

SPECIAL

British

· ADDED "ATTRACTION

TO - MORROW AT $10, 7.15 & 9,30. P,M. ONLY, BY KIND PERMISSION OF LIEUT. COL, G. T. RAIKES, D.8.0.

THE BAND OF THE

1ST BN. SOUTH WALES BORDERERS WILLA RENDER A SPECIAL PROGRAMME OF MUNIC

ON THE STAGE,