1934-01-27 — Page 6

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION.

www.c

Authorland Ospital sam, 06,000 Liivad sad Palłty Poldaş um 1.06,901 Bounces Funds, y ---

Starling

£1.800.206

Houseto Liability of Proprietors --- 200.200.000

HEAD OFFICE: HONG KONG,

BOLED OF DIRECTORE[...

2. 2. Paara, Bog.

Chairmas.

T. 1. 11, 19kmu, Bag,

W. B. Bali. Int.

Deputy Chairm

K. Morrison, Kuq,

A.. Comption, Yaq, Bon, Mr. J. J. Paterson.

ton,.,8. Mackis, J. P. Warren, Zeq.

§. Miskia, Jw_

ENDT

BAXGEOR

BOMBAY

SSTAVIA

BALOUTTA BANTON

CHLFIX

COLON BO

DAIBEN

T. X. Grayborn. Hog.

Chial Massane.

BRANCH

LONDON

LTOM

KALACCA

MANILA

MUAB (Jhal

MUTDEE

HEW TOLE

PRIMINO

PENANG

FOOCHOW

TANOOG

HAIPHONG

BLIGON

MAMNORE

SAN FRANⱭINDO

KANROW

RNAMORAT

KARBIN

SINGAPORE

HOURABAYA

TIENTELE

TORTO

TEINOTAU

WONGLEW

ILOITA

1РОН

FOBORD

KOBR

KOWLOON

KUALA LUMPUR

F

HUNGYI PATAME

TUKOKAMA

Curran's Bowrals opened to Koral Durruary and Pized Degrelle rival for me you ar barter periode is focal errory sad Berling essert wilch vil ke sundad ng speltation. Hong Kong, 24th January, 1934.

HONG KONG SAVINGS BANK.

the Burizes of the shers Back by wa.fucké By the HONG KONG AND LEANORAZ MAKE- US CORBATION. Habse may be obenland

čestvG+

FOR THE HONGKONG AND SHANGHAI SASKING CORPORATION.

9. M. GRAYBURN,

Hong Kong 24th April, 1885.

SAFETY FIRST |

To Bafeguard Your Valuabl

and Jewellerian, Depoalt them to Vanit that is really: FIRE-PROOP BURGLAR-PROOF DAMP PROOF! OUR SAFE DEPOSIT VAULT located on the Mezzanine Floor of Our New building is Specially Coo- structed to provide all of these In- portant Qualities.

You may obtain a Safe Deport Box in this most up-to-dala Vanil 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 CHARTERED BANK' OF INDIA, AUSTRALIA & CHINA,

Incorporated by Royal Charter, 1888,

HEAD OFFICE: LONDON.

Paid-up Capital

Reserve Fund

Reserve Liability of Pro-

prietors

Arencies and Branchoer

AZOR STAR

AMRITSAR

BANUKOE BATAVIA HOMWAY- GALOUSTA CANTON CAWKFORE

DOLÓWNO BELET HAIPHONS MAMBORO NANKOW

HARBIN

501 202

WOLLO

ПРОЦ

KARJORI

ILANG

KORE

KUALA LUMPUR

KWOHINO

MADRAS MAXILA

XEW YORK

PRIPING (Poking! PENANG RANGOON SAFOON

SEMARANGK

SHANGHAI

BEKO APOKE

KITIAWAN BOURABATA

TAIPING

TTENTEIN

TONGKAH (Blahos)

THINGTAO

.TOKOBAKA

FINBOLNOS

Foreign Exchange

and

Banking business transacted.

A. BREARLEY,

Manager Hong Kong. 17th November, 1982,

THE CHINA

Commerce and Finance...

Local Share Market

Weekly Reports by Brokers.

Hong Kong, Jan. 26.

Mr. G. A. Harriman's weekly share report and market review fasued at noon statos:

China Underwriters. $1.60 HK Fire Insurances $285 $2821) Wharves $1191⁄4, $120, $1191⁄4 Providents (Old), $2.65172, Hotels $6.40, 36,45427 Humphreys $11:00) -

Tramways $221⁄41⁄2. $22,60, $22.65, $22.70, $22, $23.18/234

Peak Trams (New) 37% Star Ferries. $10134, $102, $101 China Lights (Old) $10, $10.80,

$10

China Light (Rights) $8.80, $4, Electries $76% $764 Telephones (Old), $27 Telephones (New) $18.20 Dairy Farms $29, $29,10 Watsons $7.15, $7% Ewo Cottons Sh. $13.30 CHANGES (3.15 p.m.) CLOSING

QUOTATIONS BUYERS

Notwithstanding the interven- tion of Settlement on Thursday laat, the market during the week under review was again on the active side and trading was rather|$4.15, $4.20 brisk. China Light (old) again General formed the outstanding feature of Current Accounts opened and Fis-the week, large parcels of shares at $10.25/11.00 ed Deposits received for one year or changing hands shorter periods at' rates which will be

cash. $10.35/11.10 February, and quoted on application.

Hotela „re- $10.50/11.10 March. mained very steady at around $6.40. Cements suffered a set- back but were in domand At the close at $2.65. Providents (old) came to business in large parcels at $2.65/70. Investment counters were again firmer with Star Ferries done at $101, Hong Kong Electrica at $76.75/76.25, and Dairy Farms at $29/29.15. Hong Kong Trama rose to a buying rate of $23.20 on the announcement of a final dividend of 85 cents per share. Telephones showed very little change being in demand at $27.00 for old shares and $13 for the new. LOOK POONG SHAN,

Hong Kong Lands could Ghiet Manager. be placed at $79. In the Sterling section, Hong Kong Banks im-

THE BANK OF CANTON, LTD.

Established 1912.

Head Office-Hong Kong.

A

Authorland Capital (H.L. Curmory) ...@11,000,000 Paid-up Caplinkosumnam 1,066, 10 Kupres Fund son,180,000

BRANCHES (

Onabon, Shah, Bankow, Bangkok,

Bod Bed Framelsos, LONDON BANKERS |--- The Lloyd's Bank, Limited. CORESPONDENTS

la ali prasfál elites of the World. Forsign Brohanga më backing business of story samtpliba sentencies.

Bits Daponés Bonus (varian slana) ni a zonely enial of Trom $4 to $4.

THE BANK OF EAST ASIA, LTD. proved a little with enquiries at

Authorised Capital Paid-up Capital Reserve And Undivided

Profita

31,850. Philippine mining shares

$10,000,000.00 attracted a fair amount of atten-

$ 6,398,500.00|tion. Antamoks being enquired for ut 74 cents, Baguio Gold at 50 cents, and Benguet Exploration at 13 cents. The lone of the market

$ 2,812,000,00

HEAD OFFICE:-HONG KONG 12. Des Voeux Road Central

BOARD OF DIRECTORS:- Bir Shouson Chow. Chairman.

Li Koon Chun, Esq.

P. K. Kwok, Esq. Wong Yun Tong, Esq. Chan Ching Shek, Exa

Li Lan Sang, Ex.

Wong Chu Son, Esq. Kan Ying Po, Esq.

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

BRANCHES AND AGENCIES:- Amoy Manila

Seattle Batavia Melbourne Semarang Bombay

Shangha! Calentia

Singapore Canton

Fourabaya Swatow Syndey Talhoku

Nagmaakl New York Osaka

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

Paris

lanko Honolulu Kobe Kowloon London

Teiping

Penang

Rangoon

Saigon

HEAD OFFICE:-Talpek, Formosa.

Incorporated by Special Imperial Charter. 1899.

Causes) Back la Formosa

Bank-Malm Junced. Arangu naowat

On and after August 15th, 1935, thr rate of interest on Specisi Curren Deposit will be at 20% pa, on daily balance and the rate for "balunce ave $10,000 will be quoted on application

Maximum rate-1%).

LONDON BAKKEHA:

Burdayı Bank, ZAE, Lloyda Bach, 144, Midland desk, · KAR; Naomimtar › Bank, lad

The Bank has Dermapondvusa le all the prime-po Jommaculal Contras throughout, she wodd"

L. SAGORA.

BONG KONG ZRANCH |

1. Ben Vass. Host Central.

Brag Kaag. Daneabu 36, 101

THE YOKOHAMA SPECIE BANK,

LIMITED.

Established 1894.

Capital (fully

Tientsin

Tokyo

Yokohama

at the close is firm with an upward tendency.

Hong Kong Banks $1,845/50. Unions $580.

China Underwriters $1.60, Hong Kong Fires $282!1⁄2/285. Wharves $1191⁄2/120. Providents (Old) $2.05/70. Hong Kong Hotels $6.40/6.45. Humphreys $11.90. Hong Kong Trams $22.60/23.25. Star Ferries $1011⁄2/102. China Lights (Old) $10.25/11.00.

Hong Kong Electrics $75/76.

Dairy Farma $29/29.15. Watsons $7.15.

China Lights (Rights) $3.80/4.50.

SHARE MARKET.

Hotels $6.45

China Light (Old) $10 China Lights (New) $10% China Lights (Rights) $4% Electrics $76

Telephones (Old), $27.10 Telephones (New) $13.10 Dairy Farms $291⁄4 Watsons $7.40

SALES

Tramways $23.18/23 China Lights (Rights) $4.20 Watsons $72

120 FOREIGN

LOAN DEFAULTS

TO BRITAIN

Only The Empire Honours Debts

£350,000,000 GAMBLE SINCE 1934

London. Britain since the war has been Binking money in Europe, Latin America, and other foreign coun- tries.

It has been a rake's progress. A hundred and twenty foreign

on the London Stock

Exchange

figures were issued by the Council of Foreign Bondholders.

are

SATURDAY JAN

Georgia Reaches New High

Looking down on Lake O'Hara from the pinnacle of Mount Victoria, ut Band, Alberta, Georgia Englehard, of New York, noted Alpinist, is pictured with her Swiss guide, Ernest Fues, as they reached the top of The 56th peak they have conquered in many lands. This one is 11.365 feet above sea level.

Diocesan Boys'

Annual Speech Day.

GOVERNOR'S FORECASTS AND CONGRATULATIONS-

GENERAL NOTICES.

Under the distinguishe patronage and, in the presence of HE The Governor and Lady Peel

MADAME LOTTIE GORDON'S

“AUSTRALIA DAY” CONCERT ENTERTAINMENT In aid of the Blind" Girls' Home, Pokfulum, and The Link Scholar ship Fund. :

at the Helena May. Institute on Saturday, January 27, 5 p.m. to 7 pm. ADMISSION $1.00.

THE BANK OF EAST ASIA, LTD.

NOTICE IS HEREBY GIVEN

IN

that the FIFTEENTH OR- DINARY MEETING OF SHARE HOLDERS will be held at the Registered Office of the Company No. 12,-Des Voeux Road Central, al 2.30 p.m. SATURDAY, the 10th February, 1934, for the purpose of receiving the Report of the Direc tors together with a Statement of Accounts for the year ending 31st December, 1933.

The TRANSFER BOOKS of the Company will be CLOSED from SATURDAY, 3rd February to SATURDAY, 10th February, 1934, (both days inclusive) during which period no transfer of shares can be registered.

By Order of the Board of Director,

KAN TONG PO,

Chief Manager. Hong Kong, 23rd January, 1934,

PUBLIC AUCTION.

SchoolT

HE Undersigned, have received instructions to sell by Publis Auction

ON

}

:

,Yiu Tat, Leung Yun Kwong, N. Monday, the 29th January, 1934,

Soo, Chan Tak Keung, Yung Yun Kan, Chan Yim Ming, and Wong at No. 2, North Street, Kennedy

commencing at 2.45 pm. Chol Cheung.

Town

A Quantity of Valuable Office

Furniture.

Op View from Sunday the 28th.. Jan., 1994.

Terms: Cash on Delivery.

LAMMERT BROS.,

Auctioneers. Hong Kong, 26th January 1984.

CHURCHES

UNION CHURCH.

The following are the fortheon-

Sunday, January 28. Sunday School Kennedy 9,30 km

Three rousing cheers were given for His Excellency... The proceed-] At the annual Speech Day of the ings concluded with the singing of Diocesan Boys' School held yester- the new School Song, and a Bless- day in the Great Hall of the schooling, invoked by the Bishop. His Excellency the Governor, Sir Headmaster's Report. William Peel, KC.M.G., K.B.E., The Headmaster's Report in part foreshadowed the development of reads as follows: technical education and the cata-

Your Excellency, Ladies and blishment of workshops at the Gentlemen.-Undoubtedly the most school. "It is impossible," he said. Important feature of the past year to get away from the fact that in in the life of the D.B.S. has been these days, when the struggle for the change in the financial situa- livelihood has grown more severe, tion, A year ago. the school owed education must of necessity be more the Government a capital debt of utilitarian than in the past."

$175,000, on which interest at 6 per The Rt. Rev. R. O. Hall, Bishop cent. and sinking fund at 2 per cent. of Hong Kong, Chairman of the making $14,000 a year altogether, State and municipal loana quoted College Council, took the chair, be- was due. About $12,000 had been ing services etc., at Union Church. were in default when the lasting supported, in addition to His paid in sinking fund instalments. Kennedy Road:~~~

Excellency and Captain Waller, For three years the school had been AD.C., by the following members unable to pay this, so that in addi- of the Council: Mr. A. H. Compton tion to the capital there was now The defaulting countries widely varied, but Chill, China, Vice-chairman), Mr. E. H. Wilan arrears of $42,000 to be met. llams (representing the Govern-This sum the Government called Greece, and Mexico

are the most

ment). Mr. H. C. B. Way (Hon. upon us to pay, no further suspen- important.

Bulgaria has been paying onty Correspondent and Secretary), Mr.sion of interest payments being 40 per cent, of her foreign debt C.BR. Sargent (Headmaster), Mr. allowable. It seemed almost impoa service.,

G.S. Archbutt, Mr. P.S. Cassidy, Jaible that the money could be raised, Rumania suspended the sink- Mr. E. Cock, the Very Bev. Dean especially at a time when trade was ing funds on all her external Swann, Professor L. Forster, the so bad. The out-look was so black Hon. Sir Henry Pollock, K.C., the 'that it was difficult indeed to see loans except one.

Hon. Mr. R.H. Kotowall, the Rev. how the school could be

be carried on. Every Tuciday at 7:30 p.m. Dew W.W. Rogers, and Mr. J. M. Wong.

Arrears Paid or

votional meeting of the Soldier To-day, the $42,000 arrears has and Airmen's Christian An been paid off in full and our capital tion, an debt reduced to $150,000. More important still, by the generosity of Hong Kong Trams, China Lighta; an Yearly Dividend

the Government, our rate of in Hotels, Humphreys, Dairy Farms On top of this comes the latest Ho Kam Tong Scholarship:-D terest is reduced from 4 per cent. [Branch of The Mother Church, AMERICAN EXPRESS COMPANY, and Douglases. At the moment of news from Germany.

[B, Izatt

to 8 per cent and the sinking fund) The First Church of Christ, Selen closing, number of unfilled order

Earlier last year Germany Piercy Scholarships-Ang Eng payments to a minimum of $2,000 list, in Boston, Mass., U.S.A.J are in evidence for Lights, Trams, agreed to pay 50 per cent of her Cheng, J. Fong, and Hs Kit Wing. per annum. So that whereas before Macdonnell Road Below. Bawen Hotels and Telephones.

external indebtedness.

Chan Kald Ming and Arthur we were committed to "in annual Dr. Schacht has now indicated Scholarships Wong Man Hoi, payment of $11,000, an amount that this is to be reduced to 30 Tổng Suan Hing, and I. Winyard. could hardly meet from our proûte per cent, and even suggests that Woo Hay Torg Scholarships even in the most prosperous year, Germany might adopt a plan of Leung Kul Yiu, Lee Chun Tat, Tse declaring, a yearly dividend rather than pay a fixed: terest on her debts.

San F'eiaco Vancouver

The Official Summary of the Hong Kong Stock Exchange fasued yesterday at 3.15 pm,

Every description” of Banking and Whether influenced by the recent change basiness transacted. Loans declaration of dividends by some cranted on approved securities.

Current Acccants opened in Local of the local companies, or whether urrency and Fized Deposita recaled the present level of prices is prov- for one year or shorter periods in Logal ing attractive, the fact remains and Foreign Currencies on terms which that the market in the past week

Chili is in total default. will be quoted on application

assumed a decidedly healthier tone,

Peru In partial default. - and a fair volume of business has Brazil was £3,554,000 in arrears been put through.

her interest payments Adances are to be noted in a Ecuador £2,000,000, Mexico 24,400,-year number of issues, principally in 900.

Safe Deposit Boxes To Let

1

KAN TONG PO

* Chief: Manag. Hong Kong, 24th November, 1935. ^-

TEE

U.B.55,000,000.00 1.8.82,887,089.17 3,8,$1,715,979,87

Capital Sarpian

Yen100,000,000 Fen.121,250,000

BRANCHES

Beserve Fund

Hand Offen-YOKOHANA

Branches and.

das sti

Alexandria

New York Outkas

Sääria

Bambay Calentta

Captan

Dairen (Dalny)

Fangtien (Mu Hamburg Hankow Harbin

Kobe

Felp Rangoon Bio'de Janeiro

Branches of pany in Princ

All cleap

Cómpa

Closing tone generally frm. BUSINESS DONE DURING THE WEEK

Hong Kong Banks $1845, $1850 Union Insurances $580

INDIA, LTD.

·BEAD OFFICE

with

Scholarship Winners.

The Scholarship Winners for last were then presented to His Excellency who shook, hands with them, The Hat follows:

Investors Repaid

Morning Service 10.35 am. Sunday School, Talkoo, 2.45 p.m.

Preacher: The Rev. E. C. H Evening Service; 6 p.m.

C.H Tribbeck

Soetal Hour in the Church Hall after the evening service.

Tuesday at 5.30 p.m.

Church Choir Practice every

FIRST CHURCH OF CHRIST,

„SCIENTIST

Road Translation. Subject: TRUTH, INTE Sunday Service 11:15 am. The Sunday school is bald on now we have only to pay $6,500, Sunday Morning at 10 o'clock. which sum, though large, is not be-Wednesday Evening Heeting at 6 yond our means in a normal year. Reading Room at above ad- In short, our bosition during the drag open Tuesday and Friday, 10-

Since 1924 more than £350,000,- Our income from foreign invest last year has been transformed m, to 12 noon, Monday and THE MERCANTILE BANK OF 1000 of British capital has been ments is separately given for Em- from an impossible and almost hope Tharaday, 5.30 to p.m. The sunk in foreign countries: pire, and foreign countries only in less one into a possible and work Public is cordially invited to at Some of it, undoubtedly, has been respect of Government and muplable one with great hope of attend the service and visit the used merely to maintain the cipal loans,

further improvement

Reading Room, Branch of The solvency of the countries, to enable Britain received an Income from

Mother Church The First Church: them to mest the interest on pre- Empire countries in respect of

of Chrli Scientist, in Bosto

Authorised Capital Subscribed Capital Paid-up Capital. Reserva Fund & Rest

The Bank of Ami

Boug Live

vious loans,

such loans alone of" 244,000,000 in

A large part of it has gone to 1928, £46,000,000. | In - 1929, – and countries which were either in der £47,000,000 În 1980. Later figurës fault before the alump or have be-are not yet avaliable... come completely or partially in de. In the same three years the Em- fault since

pire repaid the British invest eriod wa capital), amount

During the jaama have lant more than

to the Empire ore Halfpenny of in

In finance, as in

fut would

0299,000|235,000,000.

Not ne

Bir Rober

GIRL WHO BARKED BAR. USA.

LIKE A DOG

Critically Ill After Bad Dream

“CHOKED

DEVIL

tural noises in his house.

He investigated and found his 18-year-old daughter sitting up In her bed and barking like a dog.

A doctor was her Infe

continued

whine.

and gave

yep, and