1933-11-22 — Page 6

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION.

800,000,000 Loved and Fully Paid-up 4,000,000

Sterling

Kaavevo Salabi 23 of Proprietors ... $30,000,796

BEAD OFFEE, HONG KONG.

www

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

Incorporated by Royal Charter, 1853.

Amberland Cup

6.500.000

Deputy Chairoase.

Wikia. Eq.

1. Paron, Mog.

T. A. TL Nhan, trưng

Bonitati, Raq,

Dodwell. Kaq. Bon. Mr. J. 2. Psimma.

B. Compro

Jon. Mr 0,8. Mäek?a,

1. A. Flanner. Be

3 1. Oraybern. 14.

1.

4.

ANOT

Kial Manager.

BANOROX BATAVIA HAWAN

DALUUTTA

UANTOR

CHOO

COLDK BO

DABON

BAIPRONO

BRANCHES --

LONDOR LTON

MALLOOA

PENANO MAKOOON

RAIGOR

LAN PRANDISDO

MANILA

MWAB (Johor)

WORDEN

NEW YORK

PFJPING

BANGKOK BATAVIA

BOMBAT

CANTON

CALUUTTA

CAWNFORD

COLOMBO DELE HAIFUONG NUMBERO

MAKILL

MEDAN NEW YORK

PENANG HAKOOCH

BANKOW

FAIRLIN

BONG HONO

ILOILO

IME

KABACISI

ELAKO

BKMARANG

RAIGON

SEREMBAN

SHANGRAI

SINGAPORE

KITIAWAN

SOUNA BALA

TAIMING

TIENTKIN

TONGKAH (Bkukon)

TEINOTAO

THE CHINA MAIL.

Commerce and

Finance.

HEAD OFFICE: LONDON,

EXCHANGES.

Paid-up Capital

Rosurve Fund

EX,000,000 £8,000,000

TO-DAY'S QUOTATIONS.

On London-

Reserve Liability of Pro-

T. T.

BIRD OF DIRECTOR ) –

prietors

.£3,000,000

On demand

1/4 1/4

Agencies and Branches:

4 months' sight

1/4%

ALON STAN

Credits 4 months'

AMRITSAR

KOFTO

aight

1/5%

KADHAR

On New York--

On demand

372/2

FELPING (king

Credits 60 daya'

sight

NOM

On Paris-

On demand

630

Credits 4

aight

months'

620

On India-

T. T.

93%

On demand

934

|On Shanghai-

On demand

110%

On Japan:-

On demand

118

75

On Singapore----- On demand

5934

On Batavis-

On demand

5634

On Saigon-

On demand

Бе

On Bangkok-

ing rate

On demand

134 N. Sovereigns bank buy-

1/5% 18%

nom.

Bom.

POOKEOW

HAMBURG

HANKOW

MARDIN

ILOUS

IFOR

Топола

KORK

BONIEW

KOWLOON

KUALA LUMP

SHAMOZZAT

SINGAPOR

BOULABATA

MIENTRIE

TOKTO

ПЕТКОТАС

SUNORI TATANI

TOZORAVA

Ariete pesad in Local Barton - sad Piral Dencally ventral for our your shorter perioda ly"Enood Overobes and Binering on terms which will ha gariad es seglessing" Hong Kong, 22nd May. 1988.

HONG KONG SAVINGS BANK.

The Name of the obern Bană le soodsated By the HONG KONG AND HELANOMAT RANK EMR CORPORATIQE,

Si seglesbian.

Bulan may be skrinkaað

O 1ONGKONG AND CHARON41

SASKING DORPORATIDA,

V. M. GRAYBURN,

Hong Kong, 24th April, 1988.

SAFETY FIRST!

To Safeguard Your Valuablna and Jewelleries,

Deposit them in Vaul

that is really: FIRE PROOF BURGLAR - PROOF

DAMP PROOF! OUR SAFE DEPOSIT VAULT located on the Mozzanine Floor of Our New building is Specially Con- stracted to provide all of thess Im- portant 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 larited. THE NATIONAL COMMERCIAL & SAVINGS BANK, LTD. Corner of Ice House Street and Den Voeux Road, Central.

THE BANK OF TAIWAN, LTD.

(TAIWAN GINEO.)

HEAD OFFICE:—Talpek, Formosa. Incorporated by Special Imperial Charter. 1879.

Central Bană la Fornson Bank-Kenan kemund Aracngs amount - Van ch.00 $20

On and after August 15th, 1939, the un Special Current rate of Interest Deposit will be at 20% pa, on daily balance and the rate for balance over $10,000 will be quoted on application. (efáximum rate=1%%%%).

LONDOR BAKKERS,

Baclays Bank, Lód, Llapis Bach, Ltd, Midland Bank, Lid., Verimlarta Bank, Ind.

The Bank has Cerronpondente la ali the pensijal Jomanial Ooniem throngbowch, the world.

BONG LONG BEAMOR,

MAGURA,

Mang

6. Des Tass Bood Onsies).

Hong Kong, December 9, 1901,

THE YOKOHAMA SPECII BANE,

LIMITED.

Established 1888.

Capital (fulls pai_-up) Yen100,000,000 Beserve Fund ......................Yen.191,250,000

Head Offen--YOKOHAMA.

Bombay

New York

KUALA LUMPUR

TOKOBAMA

ZAMBOANGA

Foreign Exchange and Geners! Banking business transacted.

Current Accounts opened and Fix- ed Deposits received for one year or shorter perioda st rates which will be quoted on application.

A. BREARLEY,

Manager. Hong Kong, 17th November, 1981.

THE BANK OF CANTON, LTD.

Established 1912

Head Office:-Hong Kong

Karkiverhood. Ompičkal (15.3. Ourmayi ...$11,000,000 Pull-Up Capital women

Baserri Fund – 1,150,000

BRAKOTER |——

Shanghai,

Fantow, Bangkok,

and Bus Frandlane,

LONDON BANKERS —

Tha Lloyd's Bank, Limited. CORRESPONDENT?

fa all pelnoipal olším ul the World.

Predpi Exikanga and banking buzioan of avary danceiption texamoted.

Bale Depoté Bexas (variom dna) a) a panely

LOOK POONG BBAN,

Chief Manager.

On Manfla—

On demand

Bar silver per 02. Bar Silver in Hong

Keng..

Copper Cash

Copper Cents

I prem.

Rate of Native Interest 3% p.a. Chinese Sub. Coin ... 34% dis. Hong Kong Suk. Coin Dat

POPPY DAY FUND.

Further Contributions.

Previously acknow-

ledged

THE BANK OF EAST = |Hong Kong Football As-

ASIA, LTD.

Bend Office: Hong Kong.

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

Authorland Capital Paid-up CapHal

$10,000,000,00 8,598,600.00

Reserve and Undivided

Prosta

1,812,000,00

BOARD OF DIRECTORS:-

Li Koop Chun, Esq.

P. E. Ewok, Esq.

sociation

|Rosary Church, Kowloon

Li Ping, Esq.

SUNDRY Street Sales

ANONYMOUS

Total:

.

NEW YORK STOCK EXCHANGE

A.O.F.C. Quotations.

New York. Yesterday. Dow Jones Averages.

Last Today's Changes, Aver. Aver.

80 Industriala .101.28 100.29,39 downl 29 Raile、、、

39.45 39.98 .53 up 20 Utilities 23.62 23.40 .22 down 40 Bonds.** 79.03 79.36,38 up

Mesars. E, A. Pierce & Co. Re- port:---It was only normal to ex- pect to-day's slowing followingį yesterday's

Considerable rise. proft-taking developed, but sent!- { ment was predominantly optimis-} tic, based on reports of better business and dividend

news.

Wheat: The closing strength was due to a report that a bullish an- nouncement whe coming from Washington, but a most depressing influence in all graine was balated liquidation for December. Cotton: Most of to-day's business was liquidation of December contraets, part of which were sales replaced; by purchases for distant months. There was no real pressure at any time and Trade off-take proved sufficient to absorb

WEDNESDAY, NOVEMBER 22, 1933.

Named for New Deal BRITAIN'S

Meet baby Nira Collins, born in the Roosevelt Memorial wing of the Temple Hospital, Philadelphin, who is believed to be the first child to bear that name, Nira is named for the abbreviation of the National Industrial Recovery Administra tion and is already shouting praises of the "new deal"

TRADE WITH CHINA

New Commissioner's. Broadcast.

SOUTH CHINA

- SPORT NOTICES.

THE HONG KONG JOCKEY CLUB

DRAFT

PROGRAMMES and ENTRY FORMS for the

MR. PELHAM'S ORJECTS IN Fourteenth Extra Race Meeting

to be held on SATURDAY, 2nd December, 1933, (weather per mitting) may be obtained at, the

Mr. G. C. Pelham, the recently Secretary's Office, Gloucester Com-Building, the Club House, Happy,

appointed

British Trade

missioner to Hong Kong and South Valley, the Hong Kong Club, the and the Stables, Chins, last night gave an interest-Sports Club,

Entries close at 12 o'clock NOON

ing broadcast talk from ZBW, the Sham Kwong Road. local station, on the general trade on THURSDAY, 23rd November, condition of the world, with more 1933.

particular reference to that of China and

of the object of his own appointment.

In the course of his talk Mr. Pel- ham said:

"In this rather uncertain econo-

mic world, Great Britain has now

for the past two years accomplished

•

By Order,

C‘B. BROWN,

Secretary,

Hong Kong, 20th November, 1933.

a very fine achievement and she is LET YOUR NEXT

it

sound, safe and solvent. Indus trial production has actually in- creased, perhaps not much, but has been an increase and not the decreass which has been throughout the world.

common

"While the old country is putting her house in order, those who are abroad for the purpose of market. ing United Kingdom goods must very greatly increase their to organise sales methods on an

HAT

BE A GLYN.

Sole Agents:

efforts Wm. POWELL, LTD.

Helling. COTTON, SILVER economic basis. In these days of

Silver: Opened higher on the ad- vance in the Sterling and reached new high levels under buying by commission-houses and short covering. The advance in the Bhanghai Exchange also helped. The resignation of Professor Sprague from the Treasury Depart- ment is considered bullish by thel Trade.

AND WHEAT

Latest Quotations.

NEW YORK COMMODITY

MARKETS

Closing Commodity Prices November 21.

intense competition it is the most highly organised combination of producer and salcaman, maintaining the most cordial and close contact with the foreign market concerned, which will be of the greatest bene. fit both to the country of origin of the goods and the country which consumes those goods.

New York, Nov. 22. "The great potentialities DI Business Done:-1,800,000 shares. Messrs. Asia Lands Ltd. have re-China as a market for the goods of Last To-day's ceived the following quotations on other countries is often spoken of Price Prics

the New York cotton and wheat, but this is only one side of the (rubber, silk and silver exchanges question. In order that China may

on the Commodity Exchange Inc.afford the goods of other countries) New York:-

the products of China must receive They OP very serious consideration.

must be increased both in quanlity and quality so that they may pay for the imported goods.

To this end China needs, on her part to work steadily for the creation of security, and on our part assistance and guidance in the development of communications and Industries in this country.

28.00 Auburn

6.00 Bendix Aviation

5.00 Borden Co.

$14,198.80

THE OVERSEAS NATIONAL

BANK, LTD.

National Bank Building,

BA. Den Voeux Road, Central

Canadian Pacific

J. I. Case

Caterpillar Co.

Chase National Bank Chrysler Motors

Consolidated G&R

Curtiss Curdss

$5,000,000.00 Electric Power & Light

125 22% 7624 74%

48%

SILVER,

Silver: Commodity Exchange Inc. of New York:

Nov, 20 Range Nov. 21 Range

44.57 44.57

44.45 44.48

45.70 45.75 Total sales for the day:--- 328 contracts of 334 contracta of 25,000 ozs each 25,000 ozs each

Market-Steady.

"In spite of the fact that the value of the Import trade of China has increased five-fold during the RUBBER.

last 80 years, it fa still small and Commodity Exchange difficult, owing largely to insecuri [Inc. of New York:

Rubber:

0.07 8.90

Air Reduction

$ 108

106

Allied Chemical & Dye 143% American Can

142

08

99%

American Smelting $13.576.86 | American Tel & Tel.121%

48

45 120

American Tobacca "B" 77%

545.00

American

Amery

Waterworks 17

7014 17%

Anaconda Copper Min-

41.45

ing

145

16

46

45%

15%

15

22%

22

Dec.

Mar.

.. 46.23 45.25

May

48.85 46.40 46.93 45.93

24% 24%

19% 18%

49%

is Wright

38 37%

}

3

Du

de Nemours

80%

SA

Eastman Kodak

70

77

Electric Auto-lite Co.

17% 17

Electric Bond & Share

13

12%

Bir Bhouson Chew, Chairman.

Authorized Capital

5

Paid-up Capital

1,000,000.00 General

New York, London and Paris Agents;

General Fooda..

General Electric

22

21.34

December

3 March

33%

13

May

11%

on

20

20

મ

44

Liggett & Myers "B"

14%

14%

B8% 87%

Inc

3144

$1%

30%

General Manager

National

Montgomery Ward National Biscuit

City Bank

2824

23/

48% 47%

21+

20%1

15

16%

14

Pacific Gas & Electric

17

10%

Packard Motors..

食 27%

7%

7

Senra

45%

25

28%

44%December

1.09

1.11

7

March

1.18

1.21

Co.

May

1.24

1.28

40

40%

Market: Quiet.

In each

Техия Сотри Trans-America

17 10% 27% 07

COTTON.

0% 64

Cotton:

New York Cotton

Ex-

Union Carbide & Carbon 49% Union Pacifis

47%

change:

.112

110%

34

54 444

Wong Yun Tong, Esq.

Chan Ching Shek, Esq.

Li Lan Sang, Esq. Pua Hla Cho Bao Wong Chu Bon, Esq. Kan Ying Po, Esq.

Kan Tong Po, Esq., Chief Manager. Li Ta Fong, Esq. Manager.

Correspondanta in all principal elties of the World.

and

Every description of Banking Ex nauge businnon transacted." Loans granted on approved securities

Mens Deposit Boxes To Let.

KAN TONG PO,

Chief Manage.

THR

AMERICAN EXPRESS COMPANY, INC.

Essá Offen:–65. Broadway""

New York.

Capital Surplus Reserves

tion

General Motore

Safety

Dust

BANKERS TRUST COMPANY. Gillette Saf We offer facilides for the transac-Gold

of general banking businosa. Internal Harvester Foreign Exchange transacted. Stocks Internat Tel & Tel and bonds bought and sold. Loans granted on approved securities.

LEB FANG,

THE BANK OF CHINA. 行銀國中

Reorganized October 26, 1928, undar

National Dairy Products 15%%

Olin Elevator

Pennsylvania R

special charter of The National Gov-adio Corbuck crnment an an

INTERNATIONAL EXCHANGE

Standard Branda Standard Gas $25,000,000.00 Standard Oll

N. $24,710,200.00

8,820,505.82 Socony-Vacuum Corpn.

BANK

Subscribed Capital

Paid-Up Capital Reserve Funds

HEAD OFFICE: SHANGHAI

HONG KONG BRANCH:

4. Queen's Road Central.

10% July

United Air & Transport 35% United Corpn United States Steel 48 Westinghouse E. & M., 41% - 40%

XD:-". BID:-

LONDON EXCHANGEL

Owing to our numerous branches in China and large confections in the im- portant commercial centres of the world, we are able to extend to our ellents special facilities for domestic U.B.84.000,008.00 and foreign banking and exchanges. U.8.31,887,089.17 We also handle the ferns Bonda U.B.$1,718,979.87 and other Public -Punds of the Chin- ess Government both at home and

Paria abroad.

New York ! SHOU 3, CHEN,

Manager Hong Kong, 5th March, 1981

THE MERCANTILE BANK OF INDIA, LTD.

BRANCHES S

Chamma

Mexico City

Glaneru

- AMAN

Heidelberg

Bennchan and Agenciẹn ati

Seamen

Alexandria

Nagua

Satarin

Nagora

Berlia

New hwang

Calcutta

Ocaka

Canton

Datres (Dalny)

Paiping

Hambury

Ela de Janeiro

Hankow

Harbin

Battle

Parts

Tengilan (Mulden) Rangoon :

Hong Lour

Honolulu

Halaking

Karachi

Koba

London

Los Angeles

Marilla Moji

tamerent allowed

Bounta

San Francisso

Semarang

Shanyka

Bingspore

Boerabaya Bydney

Tientais Takyo

Current As

Maude Dele

Branchás of American Reyesar Com

HEAD OFFICE†

18, Granndwih Dunn, Landos, 2,04.

Montreal

Brussels Geneva Amsterdam Milan Berlin ... Stockholm Copenhagen

London, Yesterday.

83 11/82 6.86%

5.39

28.43

ty within the country. In 1932, 30 Nov. 20. Nov. 21. per cent of these imports were com

prised of common food stuffs, most of which could and should be pro duced in a country whose economicĺ position must closely be based her agriculture and whose purchas- ing power should be available for use in further development and equipment.

9.62

9.45 9.95 9.78 10.19 9.95 Standard No. 1 "B" Contract Total sales for the day:

630 contracts 487 contracts NATIONAL SILK EXCHANGE,

Nov. 20 Range Nov. 21 Range Nov... 1.46 1.47 1.41 1.43

SUGAR. Sugar: New York Sugar & Coffe Exchange:

Dec....10.04 10.05

Jan....10.13 10.15

Trade Figures

оп

"The position is perhaps more clearly shown by figures:-In the first six months of 1982 importe in- to China amounted to £59,000,000 |

Nov. 20. Nov. 21.while exports abroad were only £29,-

8, Queen's Road Central.

KING'S

AIR-CONDITIONED THEATRE

COMING SHORTLY!

He ran

away from life...from the past........ fromlovel "Unili hal mat a girl who gave

him cour

age to

face fate.

(FOX FILM PROPOS

THE

DEVIL'S

LOVE

IN

VICTOR JORY LORETTA YOUNG VIVIENNE DIBonals

BAYI MANKERS G. KENBY GORDON BURBANK PUENDIN Meested by MOLABELA BRETERLE

Herr be Barry Barney

000,000. In the first six months of siderable shocks and still came up 1938 imports had decreased to £48 smiling. On an examination of all the 000,000 and exports to £18,000,000, the conditions obtaining over

case the adverse balance last two years, with disasters, floods, and banditry, it would be was £90,000,000.

serious.

"It is obvious that this rapidly strange indeed if there had not been declining trend must be checked. some decline in trade and it is sure- Nov. 20 Range Nov. 21 Range There is clearly a desire on the part is a matter for congratulation that of China to put herself in the post- the decline has not been even more 10.08 10.07

There is, I think, much tion of supplying her own need of +10.15 10.15

10.32 10.83

common consumable, goods. Consi- reason to have faith in the future 10.46 10.46

derable effort in that direction not only of this country but of the 10.59.10.60 -

now becoming manifest and it seems world. There is something far 10.78 10.76 clear, that the fature import market better and greater than merely ma of China will be different from that terial gain, which will come from a |settled and wisely developed China, of to-day and will consist far more

Mar. .10.29 10.29 May...10.42 10.43 July...10.65 10.56 Oct....10,73 10.78

Middling

Spot .10.25

10.25 CHICAGO WHEAT:.

of capital goods than of consumable and that is a better understanding between China and the rest of the

Wheat: Chicago Board of Trade: goods.

Nov, 20. Nov. 21. 20 88% „321⁄2

of trade flowing into and out of

"As an indication of the possibili-world. That is what we must look ties in this future market I would towards in the years ahead,

"Hong Kong is a great gafeway merely state that in a very poor year, 1982, 23,800,000 of machin- ery, £1,800,000, of vehicles and veg China. My duty lies in connection sels, '£6,000,000 of iron and steels with the United Kingdom share of -- goods and £3,400,000 of miscellan. this trade and, when required, the cous metal; goods, including electri-ahares obtained by otherwise unre

presented parts of the British Em- cal were imported. Co CANADIAN IMPORTS] "From one point of view a very pleased at any time to meet busi- pire. I shall therefore be very

trade of bright spot in the

December

16.83

8.09

May July

61.18/16 18.67

10.89%

915% Total sales for the day

30,000,000 -39,000,000

bushels

bushels

921⁄2

91%

22.40.

Vienna Prague Helsingfors Madrid Lisbon

19.90 20

109/ 2284-

40 8/32* 108

Portl

(MourShine)

Athens

675

Bucharest

2. Kuala Lumpur.

Kasutan Fibong) Simia

· Authorized Capital ...........85,000,000 Bubscribed Capital ..... 1,800,000 Paid-up Capital ...... 1,050,000 Reserve Fand & Rest - 1,348,785

The Bank of Magioni & Milland Bank, Ltd.

pany in Principal: cities of United] sm

Canada.

Biates of America and

All classes of Gummereial - Bani Transactions undertaken.

handled.

The Company offers to

the use of th

عالمة

-J

Kowy daughlan at Bunddag and Sodhongs Stat

Trustee and Exsertarships iɛndar»

und-Letters of Credit and, taken.

・・・ Deposits received, for faid periode at the theaghly optipped, pravi. Der Hard Purple of Jaloe, that

at reign to ba obtained on appil

MORLE

Hong Kong, 1188) Bapti

DUOGAN,

Belgrade Rio Buenos Aires? Montevideo Bombay a -Shanghal

Hong Kont Yokohama. Bilver Spot a

Forward!

550"

2871⁄4

4.D.R.

48 0.R. 85% 0.R.

1/5 27/82 1/9.5/16 1/50 1/2 1/16.

18 3/8

18%

100

OF PETROLEUM.

..

China last year was the mainten-ness man and others Interested in ance of the value of Imports into the trade and industry of China 20 Per Cent. Increase In China from Great Britain. There and am very willing to receive ad

August Figures.

was no decline from 1991, as in both vice or suggestions tending to fur- years the figure stood at ..ther the interests of Sino-British I'am to |Tasin": 119,000,000 The import commercial intercourse Toronto, Canada, trade of our chief competitors, de endeavour not only to interpret Bri- Canada's imports of crudeclined. Of the manufactured goods

tính? business and, announce the ex- petroleum in the month of imported into China in 1982 the Chinese friends, but also to inter

|callence, of "British – goods to our," August totalled 118, 926,000 gal: United Kingdom supplied 24%. lons compared with 92, 592,000

In August of last year. There is no gainsaying that Pret commercial China to our own

The countries of origin with China has been able to stand con- quantities imported from each

درم

people. To ensure any measure, of ancoess I need friendly and close. |contact with the business world' of••

during August of this year, were 10,648,000 gallons; Venezuela Hong Kong and of- Bouth China : " as follows: United States 74,822, 7,484,000: Columbia 778,999,000 and from the very cordial reception 1000 gallona, Peru.::19,074,600 and Trinidad. 2,987,000 gallons, which I habe already enjoyed. I am British Wireless Bervice. Kallons; Dutch East Indies Reuter's Canadian Bervice! 'sure that this need will be fulfilled,”

War Loan 8%

Hong Kong, 2nd May, 1933,