1934-01-22 — Page 6

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION.

Kakkerland „Cepčal

Found and Polly Pudup mommomsmen 16,390 More Fund-

Hauserve Liability of Propelstens v. 000,000,000

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

Incorporated by Royal Oparter, 1858

HEAD OFFICE: LONDON.

Paid-up Capital

KELD OFFICE: HONG KONG.

Reserva Fund

43,000,000 £3,000,000.

1

Reserve Liability of Pro

prietors ...

$8,000,000

WOARD OF DIRECTORS :~~

Agencies, and Branches:

ALON STAN

MASTBAN

KUCBING

BANGKOK

2. H. Pharon, Mog. Chairmat

T. . . #has, Eng.

W. H. Bi, Z.

Deputy Chairman.

8. Dodwell, E.

A. B. Comption, Beq. Jon.Mr. 0.8, Mackie,

MOT MANOKOK

NATATIA

BENCHAY

CALCUTTA

CANTON

ONEPOO COLOMBO

DAIREN

POOOBOW RAIPHONG RAKBURG

2 Wichin, Bog.

Bon. Mr. J. J. Falernen.

3. A. Pamnar. Buy.

3. M. Genzbern, Bog-

Chial Manager.

BRANCHE-

LOXDOE

MALACOS

LTONS

MANILA

MUAR (Jabera)

MUEDEN

NEW YORK

PRIPING

PENANG BANGOON

BATOON

NAX FRANCISCO

HANKOW

BHANGHAI

SINGAPORE

MONOTEW

SOUMANATA

ILOTLA

KUNGKI PATANI

from

TIENTELE

KORK

KOWLOON

KUALA LUMPUR

TORTO

TLINGTAO TOKOHAMA

Current Acopia opaced in Loral CurroIES

·and Pissé Deposite emoval for one your de sbarter perioda tu Enoul Duerenry and Bordag wo seems which will be quoted as savānailon. Hong Kong, 22nd May, 1988.

HONG KONG SAVINGS BANK.

The Baskiner of the shers Hoak le souinciod #ZONG KONG AND SHANGHAI BAKE. LG CORPORATION. Bule may be babes 10 napilion.

FOR TEN HONGLONG AND SHANGHAI MARKING CORPORATION.

V. N. GRATBURK,

BATATIA BOMBAY DALOUTTA CANTON CAWKIGEB OKSU COLOMBO DWLE KAIPRONG HAMBURG HANKOW HALEX

MADRAS

MAXILL

WEDAN

NEW YORK

PRIPINO (Poking)

PEKANG

KARGOGN

RAMON

KEKARANG BREENBAN KITANG YEAT RINGAPORE KIYTAWAN HOURS BATA TARAKO TIENTSIN

THE CHINA MAIL.

Commerce and Finance

COLONY'S 1933 TRADE DECLINE

(Continued from Page 1). ped to the Colony which is a free export market; while practically all the undeclared silver subsidiary-coin Foreign Exports. There were increased exports to consisted of Canton 20-cent pieces;

which United Kingdom, South Africa, from South China despite an embar- were apparently exported British West Africa, British West go which was in force during the Indies, Belgium, Cuba, France, Ger-year. Gold so Imported was pur-| many, Holland, Italy, Norway, Swe-chased by local refiners, and ulti- den, Switzerland and U.S.A. Ex-mately sold to the banks for export ports to France increased from in the form of bars. The concealed $470,000 to $3.7 millions; Germany imports of silver subsidiary-cou from $1.7 to $2.9 millions; Holland were shipped from Hong Kong to from $562,000 to $1.2; Italy from North China, where the silver con-| General $101,000 to $744,000; and U.S.A.tent was extracted for profit pur- from $18.3 to $19.3 millions. Ex-poses made possible by the depro- Current Accounts opened and Fix-ports to the British Empire fell from ciated value of Canton currency. ed Deposita received for one year or $46.1 to 341.1 millions, and foreign aborter perioda at rates which will be quoted on application.

exports from $425.8 to $361.9 mil- liona.

EPOX

TONGKAR (Thacher)

BLOTLO

KARAOHT

KLANG

KUALA LUMPUR

Foreign

Exchange

KORN

TSINGTAO YOKOHAMA ZAMBOANGA

and

Banking business transacted.

A. BREARLET,

Manager. Hong Kong, 17th November, 1981.

Treasure Statistics.

Gold And Silver Movements. In 1932 total importa of gold amounted to $19.5 millions, and ex- parts to $63.7 millions; while in The statistics of imports and ex-1933 Imports totalled only $6.0 mil-. ports of Treasure, indicating, asions, and exporte jumped to $88.9 THE BANK OF CANTON, LTD.they do, a flight of gold and silver millions. It is of interest to note

Rstablished 1912.

Bend Offer-Hong Kong.

Fold-Up Capilak Masters Fund

BRANCHES Deaton, Barbat,

14,000 1,180,000 Bankow, Bengoak

Was

MONDAY JANUARY 22, 1934,

Dressing White House for Yule

Just like any other nome m the nation where Kris Kringle is the guest of honor, the White House mansion is gaily decorated with Christmas treet and holly. wreaths to provide the true Yule atmosphere. Here workmen are shown installing colored lights about portals of Executive Mansion

+

LOCAL DOLLAR UNCHANGED.

Silver Prices Decline.

SPANISH

SOLDIERS

AS SLAVES

The dollar is unchanged, open-Wait In Vain For Ransom ing to-day at 1/5%.

subsidiary-coin from the Colony in that no imports were recorded from 1933, are somewhat misleading, and China or Japan, and that whereas | call for elucidation. The published gold valued at $63.7 millions figures are those of Treasure enter-exported to U.S.A. in 1932, and none ed on ships' manifests, and subse-to the United Kingdom, only $22.0 Authorised Captial (H.K. Ouernsey) —811,000,000 quently declared to the Statistical millions was shipped to U.S.A. În Office; but during the year a very 1833, as compared with $64,1 mil- considerable amount for both gold lions to the United Kingdom. and silver subsidiary-coln which was

Imports of silver subsidiary-coin

Silver prices fell on Saturday, imported, was neither manifested from South China in 1932 totalled spot closing at 19% and forward at. nor declared, and therefore could $22.4 millions, and exports to North 19 11/16. not be traced for inclusion in the Ching $37.3 millions, as compared

The cross rate, London on New! returna. In regard to the concealed with $65,000 and $24.5 millions, York, is £-G$5.01%1⁄2 and New York Imports of gold, these were ap-respectively, in 1933; but there are an London is £-G$4.99%. LOOK POONG SBAN,parently emuggled out of countries indications that this traffic is near- Chief Manager which exercised an embargo on the ing an end, only $1.6 millions being free export of the motal, and ship-exported to North China in the Inst

and Barzaniana, LONDON BANKERI 1-

The Lord's Bank, Limitel CORRESPONDENTS

In principal cítim of sha World.

Foreign Exchange još banking busluum of every description "teazancled.

Chal Manner.

del Dapol Boxen (variona amoe) at a yourl rial of from 6 to 840,

Hong Kong, 24th April, 1988.

SAFETY FIRST !

To Safeguard Your Valvablus and Jewelleries,

Deposit them in a Vault that is roully: FIREPROOF RURGLAR PROOF

DAMP - PROOF !

OUR SAFE DEPOSIT VAULT located on the Kezzanine Floor of Our New building is Specially Con- stracted to provide all of these Im- portant Qualition.

Box

You may obtain a Bafe Deport 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 Ica Homa Street and Des Voeux Road, Central

THE BANK OF EAST ASIA, LTD.

.... $10,000,000,00 $5,698,600.00

Authorised Capital Paid-up Capital Reserve and Undivided

Profitz

$ 2,312,000.00

'HEAD OFFICE:-HONG KONG 12, Des Voeux Road Central

BOARD OF DIRECTORS:- Sir Shouson Chow, Chairman.

LA Koon Chun, Esq.

F. K. Kwok, Esq.

Wong Yun Tong, Esq.

Li Lan Sang, Esq.

Kas Ying Po. Esq.

Seattle

Tee Fong, Esq., Manager,

BRANCHES AND AGENCIES:-

Manila

Melbourne Semarang

New York Singapore

quarter of 1933.

Quarterly Comparisons of Imports and Exports

The following comparative table shows the quarterly values On London- of imports and exports of merchandise since 1923, in £'s and $'s milliona. It should be noted that no statistics are available for the period July, 1925, to March, 1930:-

EXCHANGES.

TO-DAY'S QUOTATIONS.

Imports

T. T

1/5% On demand

1/5% Four months' sight 1/6 Crestita 4 months'

aight

1/631

1923

1924

1925

1930

1031

1932

1933 On New York---

On demand

87

1st Quarter

£ 14.7

Chan Ching Shek, Eag

$130.7

Wong Chu Son, Esq.

2nd Quarter

£ 15.2

19.3 16.3 105.4

17.1 $131,5 144.0 128.0

139.7

9.0 188.0

11.9 170.7

6.5 132.8

Credits 60 d'aya'

Bight.

nom.

14.5

0.2 131.3

8.7 180.1

10.2 104.7

8.5 On Paris-

126.1

On demand

595

3rd Quarter

£ 14.3 19.2

10.1

9.0

Kan Tong Po, Esq. Chief Manager,

$127.1 161.7

150.8

182.3

9.3 142.4

8.5

Credits 4 montba'

122.1

sight

635

4th Quarter

£17.8 16.5 $155.3 130.4-

10,3

11.8

0.0

167.4

188.4

146.2

8.€ 119.0

On India-

T. T.

98%

On demand

9834

Total:-

£ 02.0 72.1 30.8 $544.6

20.6

88,6

41.0

33.5 On Shanghai---

607.7 208.6 455.5 787.7

024.0

500.9

Sourabaya

On demand On Japan:-

110

Swatow

On demand

124

Exports

On Manila

1923

1924 1925 1930 1981

1932

1938.

On demand

7344

Op Singapore-

Ist Quarter

£ 13.9 $123.6

18.3 15.2 166.8 130.3

4.8

2nd Quarter

£ 16.3 15.2 14.1 $140.0

7.4

.140.1

6.4 1326

8.8 127.0

7.1 115.3

6.8

On demand 108.8 On Batavia-→

63

7.2

On derriand 106.2 On Saigon—

57%

3rd Quarter

£ 14.0

14.0

$124.4

122.0

7.3 113.7

4.5" 7.2 130,0 110.0

6,6

On demand

592

95.6 On Bangkok----

£17.2 15,6

$150,1

128.3

8.5 137.2

9.2 138.7

7,9 110.6

6.8 On demand

124/2

96.1 Bovereigns bank buy-

ing rate

Total:-

KAN TONG PO, - -

Chief Manager): Rong Kong, 24th November, 1915.

£ 81.4 $538.0

€8.0 556.0

29,8 23.2

256.6 354.8

- 28.0 541.9

31.0 471.9

27.4 Bar Silver-per ̧oz.

403.1 Bar Silver in Hong

1/6% 19%

Kong

кота.

nom.

Amay

Bataris

Bombay

Nagasaki

Calcutta

THE BANK OF TAIWAN, LTD. |~

(TAIWAN GINKO.)

Canton

Halokong

Qaka Paris

Hankow Priping

Honniale Koha Kowloon Landon

Shanghai

HEAD OFFICE:-Talpch, Formosa. Incorporated by Special Imperial

Charter. 1879,

Central Beck in Fortnom

Back Karen Laund Arange skoent ...Jer

Syndey

Pennek Taihoku Rangoon Tientsin Ruigan

Tokyo San F'cisco Vancouver

Yokohama

On and after August 15th, 1993, the Every description of Bankdag and rate of Interest on Special Curren:chance brings transacted.

Loans Deposit will be at 2% pa. on dalinted on approved securities.

Current Accounts opened In Local balance and the rate for balance ove

* Fixed Deposita received and Foreign Currencies on terms which

$10,000 will be quoted on applica(or one year or shorter périods in Local 4th Quarter

(Maximda rate-1%%).

LONDON BAREBAC

Barclays Bank, 144., 1879ts Bank, Lae bestand Bank, Ltd, Westminster Bak

The Buah bua Correspondeure in all the prisiper Sommainisi Canteen throughout the wild. K. MAQUIA,

BOXOKONI BRANDE,

*, Dar Ymaz Bond Contra Bang Bang? Dacomber 9, 190.

will be quoted on application

Safe Deposit Boxes To Let,

J

La

THE YOKOHAMA SPECIE BANK,

LIMITED.

Established 1843,

Capital (fully pak"-up) Yen100,000,000 Reserve Fund Yen.121,250,000

Head Ofics:-TOKOHAMA.

1.-Branchen and Agencies aff

Martin

Alexandria

Bateria

Bamber

Cakgita

Canton

Nagasals

NATO

New York

Osaks

Pari

Pripiar

Dairen (Daley). Rangoon

Zangtion (Kulden) Hamburg

Hankow

Harbin

Hot Kor Honolula Heinkag Karach

London

| Los Anguiss

Manila

Men

K

interest Allowed

Rio de Janeiro

Seattle

Semarang

Shanghai Alagapore Boerabaya

Bydney Tiantain

Tokyo

Deposita recassow

for fixed

să rise to be obtained on applie

E. HORL

dong hoog, 11th Bante

THE

AMERICAN EXPRESS COMPANY,

..........U.B.$4,400,000.00)

„U.EL312867,089.17 23.8.$1,718,979.67

128.0 125.3 108.9

Distribution of Imports

The following table shows the proportion. of the total import trade of the Colony enjoyed by the chief exporting countries:-

Copper Cash

Copper Cents

1% prem

Rate of Native Interest 82% pa. Hong Kong Sub, Colp % prem. Chinese Sub, Cofn.... 33% dis.

MARINE COURT OF ENQUIRY.

Sinking Of Launch Tommy Atkins.

INC.

Road Olles

.

1980 1981 1982

1988

1983

1983

1st qr. 2nd qr. Brd qr. 4th q

1983 1988

Capital Surplus Reserves

China Japan

24.6

12.3

28,9 27.2 21.0

28.827.0 31.7

9.3

8.4

5.0

4.2

4.6

5,3

34.0 6.2

BEANCHES

Amsterdam

*Pants" stridice Olzy

NE Indies 10.2

10.9

9.9

78

7.1

8.1

9.2

6,7

UK U.S. A

3.4

10.6 12.8

10,4

12.0 "9.7

10.9

.0.0

7.2

7.8

7.4

6.2

9.06á 4.9

5.3

Indo China

8.7

7.1

8.4

8.5

'&2 18,0

6.6

6.7

Siam

quiry,

5.0

6.4

93

10,0

10.0 11,2 10.3

8.5

4.1.

3,8

8.7

3.5.

4.0

4.0

Malaya (Br.) 2.3 India

1.5 * Australia 77 Belgium

1.3 1.5

1.2

LI

1.8

1.2

1,1.

on Wednesday at Harbour Office, into the circum- stances of the collision between the

2.8

2.8

8.7

4.8

1.7

2.5

5,7

19

1.6

1.6 1.9

1.4

15

ƒ

1.8 2.0

1.7

15

1 16

12

Havre

Holdberg

Branches of American Expesos. Come pany in Principal cities of United States of Amerion; and Canada.

All clauses of: Commercial Banking Transactions undertaken.

Personal investment handled.

The Company szaru þë intending Travalard the use of ita väravalere Cheeps" and Letters of Oredit and,

addition, the world-wide serion

Germany 4.6 B.1

* 3 3 2 3 * * 393 3

THE OVERSEAS NATIONAL BANK LTD.

National Bank Building,

BA, Des Voeux Road, Central

$5,000,000.00

DECEMBER FIGURES,

4.6.

Lowest Of The Year.

A Marine Court will hold an en- the

Payment.

MADRID JOURNAL'S REPORT

Madrid.

NEW ADVERTISEMENTS.

PUBLIC AUCTIONS.

THE

THE Undersigned have received 1 instructions to sell by Public Auction

ON Wednesday, the 24th. January, 1834 commencing at 2.36 p.m. at The Roxy Academy, Talping

Building.

A Quantity of Sundry Furniture, Celling & Table Fans, Electric Lights and Fittings etc., etc.

On View from Tuesday, the 23rd. January, 1934.

Terms: Cash on Delivery.

THE

LAMMERT BROS.,

Auctioneers.

HE: Undersigned have received· instructions to sell by Publis

Auction

ON

Thursday, the 25th. January, 1984, commencing at. 10.30 a.m.

at No. 220B, Nathan Road. Catharine Building, Kowloon

A Quantity of

VALUABLE HOUSEHOLD

FURNITURE,

On View from Wednesday, the

24th. January, 1984.

Terms: Cash on Delivery,

LAMMEET BROS.

Auctioneers.

THE

HE Undersigned have received instruction from Mrs. Moore Proprietress of "Lauriston" private hotel.

at No. 1, Bowen Road to sell by Public Auction on

TUESDAY and WEDNESDAY, the 30th. and 31st. January, 1934, commencing each day at 10 a.m. A Quantity of VALUABLE HOUSEHOLD

FURNITURE

Chesterfield

Captured 10 years ago during the war in Morocco, many hundreds of comprising: Spanish soldiers, officers and men, Teak hatstand, are still held in slavery by the couch & arm chairs, Teak cabinet, Moora, according to the Madrid Teak dining table, Teak side board, press.

Dinner waggon, Chairs, Teak 'bed. The reports allege that they steeds with springs & mattresses, have waited in vain for the Spanish Teak wardrobe with Government to pay their ransoms mirror, Teak dressing table, Chest bevelled of about £25 per head.

of drawers, Bed linen, Towels, Car- Many of the prisoners, it is al-pets, Cutlery, Crockery, Glass ware, leged, died in consequence of harsh ornaments, Pictures, Enamel bath, treatment during the Arat months Porcelain wash basin, etc., etc. of their captivity. Later the Moors are stated to have "softened" to- wards ther captives.

Those who were found useful

also Fine carved black wood ware One Plano

Fine mauritrius,

Palms

and

in the tasks of daily life were plants. granted greater freedom, given land to farm, and allowed to settle day, the 28th, and 29th. January,

On View from Sunday, and Hon-

Terms: Cash on Delivery

LAMMERT BROS..

Auctioneers,

Hong Kong, 22nd Jan., 1934.

down and marry Moorish women. 1934. Many are said to have been forced to embrace the Moslem faith.

Protracted negotiations for the release of the prisoners went on for some time, and under the re- public, several air force expeditions have reconnoitred the 'dissident [zones, particularly Taflalet and Beni-Abes, but their findings have not been revealed.

Negotiations, however, are stated to have been suddenly broken off by the Moors on the occasion of the recent alleged attempt to dis embark Spanish forces at Ifai on the Atlantic coast of Morocco.

This was interpreted by the Moors as a hostile-move; nas.

FUNERAL OF LATE

MR. FUNG FU Once Headmaster Of Government Schools.

TRIBUTES OF RESPECT

The remains. of the late Mr.:Kunz

at

The newspaper reports address Fu, who died at his residence an urgent appeal to the Govern-Third Street, Saiyingpun, on Friday ment to lose no, time in reopening night, at the age of 85, were in- the negotiations in view of the set-terred yesterday at the Chinese back to Spanish prestige in Africa Christian Cemetery, Pokfolum. The which this state of affairs con- preliminary service in the chapel Latitutes.

was performed by the Rev. Cheung

One objection which has been Chuk-ling. An immense procession

the ransom money to buy arms and trucks, to transport them raised to this move in certain quar-jfollowed the coffin, while, the massed tors is that the Moors would use of floral tributes required five motor munitions, Reuter. Pre

RUSSIAN WHEAT CROP LOSS.

250,000 Acres Under Early Snows.

Riga.

..

cemetery.

to the

Mr. Fung Fu was among the first Chinese to receive a foreign educa- tion. Sent to the United States, he graduated at Harvard University and on his return to Hong Kong took up a number of educational posts, being appointed Headmaster of the Salyingpun Government School, which has since expanded into King's College, and the Wanchal Great losses to the Russian Government School, more than 40 Kwong Fook Cheong, and the wheat crop have been caused by years ago, military steam launch Tommy early snow, according to reports

He took a keen interest in Church Atkins, in which the latter was received from Moscow.. óink In

activities, in connexion particularly The Commissariat of Agricul with the development of the Church Capsulman Paus The Court will be comprised by ports from the countryside that alders, and was also a member of ture in Moscow has received re of Christ in China, being one of its January 8. Commander E. H. C. Branson, and more than 250,000 acres of un-the Committee in charge of Ying Captains C. Benstead. A Campbell reaped grain has been burled un-wah Boys' College Philanthropic der the snow. Besides the stand-work also claimed his attention, and and W. Greybrook.

ing crops great quantities of un-a free school which he has establish- about the fields all of it irretrieveways remain as a memorial to him. stacked wheat les scattered ed at Castle Teak for poor boys will Importmplog ably lost-Reuter: Pr

Dec. 1988. Dec, 1982 $86,841,971, $48,948,288 |

·SEAWEED RUSHED BY AIR $2180,836 41,928,728 $88,972,607 $50,855,954

Exportat

Both imports and exports of mer- chandise in the month of Decem ports of merchandise and treasure: Anthorised

ber, 1983. recorded, the lowrant Capital Paid-up Capital P300 1,000,000.00 figures during the year.

New York, London and

Imports totalled $86.8 milione Merchandise Paris Arente BANKERS TRUST, COMPANY. 2) (£2.6), se against 448.9 millions Treasure We offer facilide for the tran

(3.1) In the corresponding périod¡ Total": tion of general banking business of 1982; while exports totalled

of ita thoroughly equipped Travel De- Foreign Exchange transacted. Blocks $28.0 millions (£20), as compared

W. DUGGAN,”

and bonds" bought and spld, Los granted on approved "écurities. PER

LAKE-VAND, :/

with $88.2 millons (2-4),

erchandise The following table shows com- Treisure}{ [parative, Azures of Imports and Ex- Total

5.

Bulawayo,

Four of his five sons were pre- sent at the funeral yesterday, as well as two, daughters" and "a number of grandchildren second son of the deceased, Mr. Fung Fourteen pounds of asaweed:ar Yiu-wing, is the managing director Dec. 1988 Dec. 1982 being brought here from Cape of the Fung Keong Rubber Manu- $27,994,496 $38,206,118 Town by air mail to enable a mad factory, one of the largest concerne $9,080,557 317,608,566 to appear as Father Neptune at its kind' in Hong Kong and Bouth

$7,025,058 $55,814,679 | carnival ballBoutor