1932-10-10 — Page 9

THE HONGKONG TELEGRAPH, MONDAY, OCTOBER 10. 1932.

REALTY COMPANY 8%. DEBENTURES

BANKS.

P&O BANKING THE CHARTERED BANK OF HONGKONG AND SHANGHAI

INDIA, AUSTRALIA & CHINA.

CORPORATION LTD Isentperated by Royal Charter 1945,

(Incorporated In England, 1920),

|Authorled Capital

Rabocribed and Pald-up Reserve Fund.......

WEST END BRANCH,

14.10, Cockapur Street, London, B.W.I

BANKING CORPORATION. |Authorised Qasita)

larsed and fully Paid-up

Beverve Fund-

.......... 25,600,000

Sterling *** 48,300.000 .810.000,090

Bliver

Reserve Liability of Proprietors -.321,945,9n

HEAD OFFICE,BONDIONE,

BOARD OF DIREITORS.

Hos. Mr. J, J. Paletuon.

DEAD OFFICE.—LONDON,

CHINA

8% INTEREST VS 6% INTEREST MEANS ONE THIRD MORE

INCOME

· £5,000,000 - Paidep Capital

8,594.200 Baserve Fund ........

180,000 Romervo Liability of Propriators ..

HRAD OFFICE.

AGENCIES AND DRANCHES 117-127, Lesdembali Street, London, E. ALOR STAN ILOILO RANGOON

AMRITSAR Iron BANGKOK

$3,000,000 3,408,401 3.000,004

SAIGON

[DATAVIA

KANAUTI KLANO

BKMARANG

XODE

SIBENDAN SHANGRAT

KUALA

LUMPUR KUCHING

MADEAB

.. TAIPING

MANILA

MEDAN

RAIPHONG

NEW YORK

PEPING

(Pekin)

TONGKAH

(Bhukai) TBINOTAO YOKOHAMA ZAMBOANGA

AMOY

ANGEOR

BATAVIA

COMPARISON

Mortgage Department, 1930-1931

Amount Commission

Earned $122,316

Market

Year

Amount

1930 10,052,040 1931 19,194,867

Value of

Property

$18,662,000

34,075.565 56% 9.33%

Value loaned 54%

rate 9.18%

Average Average Interest Commission

% 1.215% 0.765%

Excess Interest. over 8%

118,614

255,291

$373,905

€269,141

373,905

146,825

Earned above 8% paid to Debenture holders- 3643,046

Of the above mortgages, there was assigned to investors:

1930 1931

6,532,660.00 313,223,545.00

A lower rate of commission existed in 1931 due to cheap money for the greater part of the year; from September, money commenced to tighten up. As it is we earned 1.33% interest in excess of 8% paid on our Debentures and 146,825 commissions. From the above it will be seen that our 8% Debentures are secured by first mortgages on 56.4% of value and backed up with 35,000,000 capital

Security plus Earnings

The natural laws of economices require an investor to secure the best return especially upon savings-trust funds-consistent with safety,

The China Realty Company is one of the oldest lestablished more than 20 years) real estate companies in Shanghai with a steady successful record back of it.

Capital $5,000,000 fully paid in cash. Business turnover 1931, 345,632,300 in land and mortgages only, which does not include management of estates, rent collections, insurance written, trustees for beneficial owners of property and sundry sources of income.

The Company are Realtors, not speculators in Real Estate.

The balance sheet as of December 31. 1931 shows

Assets

Land and Buildings

at cost

Cash

12,341,726.31

3,351,055.84

1,844,259.11

Mortgages on Real Estate

held by Company Des 31, 1931

$5,971.200 Total Debenture issue 4,840,700 invested in Mortgages and 1,130.500 by which it will be noted that all of the proceeds from Debentures are invested in Mortgages and 1,170,500 of the Company's capital.

In the past twenty years the Company has negotiated more than one hundred Taels in mortgages, all of which has been repaid, principal with interest.

If after careful consideration of actual facts and figures you are receiving less than 8% upon your investments and/or savings, you are not using judgement but following old customs, believing 5% and 6% are current`rates.

"The Real Estate Market Place of Shanghai"

--CUT OUT & MAIL TODAY

China Realty Company,

Secretary,

70, Szechuan Road, Shanghai.

Dear Sir.

Please send me without obliga tion on my part a copy of your Inst balance sheet and other information regarding your 8% debenture Issue. Name

Address

This is No. 42 of a series advertisements issued

to interest Hongkong investors in the liberal Investment opportunities offered by the China Realty Company. Shanghai.

CHINA REALTY

COMPANY

CAPITAL TAELS 5,000,000.00 FEDERAL INC., U. 5. A.

THE REAL ESTATE MARKET PLACE OF SHANGHAI -

$ 2.E CH

U

N

R D.

5 HA N. G H

NOTES SUPPLIED BY THE THEATRES

CHINGA

BRANCHES-Bombay. Calcutta, Callout BOMBAY Colombo, Hongkong. Singapore,

Madras,.-EkenEMAL CALCUTTA

DANTON Agencives—in all the principal towns of CAWNPORE the world.

CEDU

Genert Exchange and Banking Itualness transacted. Loans and overdrafts granted on COLOMBO approved security. Currant and Fixed Deposit DELHI Recount opened.

SAVINGS BANK ACCOUNT!-interest HAMBURG allowed a rates which may be obtained on JANKOW Application.

HARBIN

CREDIT HONGKONG

PENANG

K

TRAVEL LEND' LETTERS OF and TRAVELLERS' CHEQUES PASSENGERS' LETTERS for use only on board P. & D. and B.I. busincas transacted, Home Lino #træmera, and at Ports of Call.

Detits

OF CHEDIT

BINGAPORE SITIAWAN SOURADAYA

TIENTBIN

T. L. Forse DiG. Depair Ubabratan.

Hon. Mr. W. II. Dell J. &. Flummer, Ess A. R. Compton, B. T. II. I. Shaw, Za M. T. Johnson, Dag J. P. Warren, Bes

G. Miakis, Esq.

V. M. GRAYBURN, 14, ONIE MANAGER,

Forelan Exchange and General and Banking CALCUTTA

CANTON Current Accounta opened and

Fixed GHETOO Deposita received for one year or shorter COLOMBO periods at rates wilch will be quoted

A. FERGUSON,

Income Tax Recovered, Executorships and Trusteeships undertaken, #pplication.

W. J. WADDINGTON,

Manager.

SPORT ADVTS.

THE HONG KONG JOCKEY CLUB }

Hongkong. 9th July, 1932

THE HO HONG BANK LTD.

(Established 1917).

AIRSIN

Manager.

ILATHONG HAMBURG

HANKOW HARDIN HONGKEW ILOILO

fron

13. Queen's Road, Central. Authorised

Capital

HEAD OFFICE SINGAPORE.

Local Branch-

FOBE

Draft Programmes and Entry Forms for the Twelfth Extra Race Issued Meeting to be held on Saturday, Paid-up 22nd October, 1932, (weather per- mitting) may be obtained at the Reservo Liabilities Secretary's Office, the Club House, Happy Valley, the Hong Kong Club, the Sports Club, and the Stables, Village Road.

Entries close nt 12 o'clock

NOUN on THURSDAY, 13th Octo- ber, 1932.

By Order,

S. A. SLEAP.

Acty. Secretary.

I.LD. CERTIFICATES.

Of the Societe Internationale de Placements, Baale, (Local Agents Mesars. A. Goeke & Co.)

Saturday's feial quotation Inl Basle, excluding dividends accru- ed was £2-16—3d.

JOHORA

KOWLOON

BRANCHES -~

KUALA LUMPUR

LONDON

LIONS MALAGUA

MANILA MUAB (Jobore)

MUKUEN NEW YORK PRIPING

PENANG HANGOON BAIGON BAN FRANCISOS

SHANGHAI SINGAPORE

BOURABAYA

SUNGE PATANI

TIENTBIN

ΤΟΣΤΟ

TSINGTAO YOKOHAMA

Current Acogants opened in Local Curren and Flaed Deposite roostred for one year OF shorter periods in Local Currency and éterlin Straits $20,000,000 on terms which will be quoted on application,

Hongkong. 6th April, 1982,

8,000,000 4,000,000

of Shareholders

4,000,000 BRANCHES and AGENCIES in

HONGKONG SAVINGS BANK.

The Business of the above Bank in conductés by the HONGLONG AND SHANGWAI DANIC ING CORPORATION, Dukes may be obtaheed on application.

FOR THE HONGKONG AND GRANOHA)

the principal cities of the world.

Every description of Banking and BANKING CORPORATION.

Exchange business transacted.

CHƯA KẺH HAI

Manager.

行銀國中

BANK OF CHINA

Torgauired October 20, 1928, under special) charter of The National Government as an

INTERNATIONAL EXCHANGE DANK.

ubscribed Capital hear .$25,000,000.00 aid-up Capital Reserve Fund.

24,710,200.00 8,320,000.52

HEAD OFFICE:-SHANGHAI.

Ad

HONGKONO- BRANCH.

4. Queen's Road, Central,

Owing to our numerona branabea in China and large connections In the Important, com- mercial entres of the world, we are able to extend

our clients spesial facilites for Sómeetio and foreign banking and exchange.

of Zane Grey'a western romance playing at the King's Theatre We zao handle the issue of Dende and to-day, were relaxing around a big paber Publia Pundc of the Chings Govern-

fire of aromatic pine logs after ant uth at home and abroad,

exacting day on location.--Talk was

and a scrip holder lately from the

of course mainly about the pleture,

Fast had a difficulty. He wanted to know why the white woolly chaps he had always associated with Zane Grey heroes were not worn by George O'Brien the featured player. "When I play in a Montana story by Grey maybe I'll wear em, mister," answer-

JHOV. J. CHEN,

Маладет.

行銀西牘港香

THE BANK OF KWANGS).

(Hong Kong Draneli),

ed O'Brien, "but they don't belong in Authorised Capital Arizona. Like a lot of things the Paid-up Capitol cowboy's clothes are a matter of - geography, Seriously, it's time the

dime novel idea of the puncher's out-

it was corrected. If he worked on

a Wyoming or Montanu ranch, he'd

$10,000,000

$ 8,590,000.

Head Office: Nanaing, Kwangs).

Branches,

-Branches and Agencies in the

V. K. GRAYDURN,

Colof Manag

Hongkong, 27th February, 1812. NEDERLANDSCHEHANDEL MAATSCHAPPIJ, N.V: (Netherlands Trading Bockety).

DANKERS

ESTABLISHED 1824.

Dongkang Offca-11. Quem's Read, Candrak Authorised Cit

........P. 160.040.99€ 2. 80,030,00%

Paid-up Capila! Reserve, Fund

...... 29,015:500

In Opaskaateriaa

Kastern Head Odro-BATAVIA.

BRANCHIES |--Handjeðmæla. Vandorna."

Bamday, Galdita, Cheron Daber, Disajakarta,* Flague, Jelah, Kobe, Malan war, Medan, Pakalang, Tokar JOBBAT, VREME. Hangoon,

Borrabala,

Bisgapore, Borgakerta (Solo). Traak 135. Selam and 1967herzoden" *These alloro have safe deposit boxes to jak, London Bänkäres-Vational Provincial D

Corrependent all over the woski

DANKING BUSINESS OF EVERY DESCRIPTION TRANSACTED

MARRETI 4. STOEXINE,

Hongkong, Kind June, 1932.

THE YOKOHAMA SPECIE BANH, LIMITED.

[Capital (fully quid up) .................T. 109,000,000

Reserve Pund

..Y. 118,450,000

BRAD OPPICH :—TONOMAMA.

Drapeber and Ageneice at

Alexandra

Honolulu

Rangoon

Batavia,

Ha! Yoen

nio de

Karschl

Bombay

Tobe

London

Canlon

Los Angeles

wear woolly chaps to keep his legs principal cities of the Kwangal warm during the bitter winters there. Province and Correspondents all over Down here he'd wear close fitting the world. Jeans, same as I have on, und „a anug

Hong Kong Branch. Jersey of flannel shirt, and a handker- Gloucester Building, 1st floor, Berlin chief, tied loosely around his neck so Des Voeux Road, Central. he could wipe the swent off his Ince Banking Business of every descrip-Calcutta without having to get the handker. tion transacted. chiet out of his pocket." Featured Cable and Radio Address No. 2800 Charchun Manila with O'Brien and Miss Churchill in Telephones: Manager 30112,Dairen (Dalny) Nugaraki this Fox presentation are Noah Beery Business 30113, Enquiry 80114..

Fangtion

Nagoya and Yvonne Pelletier.. Hamilton Muc-

(Haken) Newchwang Fadden directed.

Hamburg New York

"The Kalubow Trait." One of the chief dificulties always encountered by a motion picture unit when it goes out of location is the presence of spectators, No matter how well-intentioned, there curious

Hankow

PAK TSE KUN,

Manager.

CHANG CHAO TANG,

Sub-Manager Hongkong, 8th September. 1982.

Harbin Hongkong

Established 1918.

HEAD OFFICE:

10, Des Voeux Road, Central,

Oils

Parla

Pelping

Janeiro

Ben Francisco Beattie

Semarang Shambl Bhimonosek

Slampars

Sourabaye

Bydney

Tantala Tokop Thingtan

Interest allowed on Current Accounta Depoalts received for fixed perioda at rates to be obtained on application.

1. MORI.

Manager.

THE BANK OF CANTON, LIMITED.

and interested people may he, they THE BANK OF EAST ASIA, LTD. Hongkong, 12th September, 1881, cannot help but get in the way from time to time, thus causing 'retaker' with attending loss of time and tem pers.

Director David Howard, how- ever, experienced no trouble of this kind in making Zane, Grey's "The Rainbow Trail," which opens next Tuesday at the King's Theatre. Tak- ing George O'Brien the star of the dlm, and his company to the floor Capital & Surplus over H$8,000,000 Authorised Capital of the Grand Canyon of the Colorado, Total Resources over H$40,000,000 Faldon Capital ho encountered exactly one stranger, o Indy artist living in the locality, dur

HONGKONG.

Hend

"BFTABLISHIKI) 1911.

Office:-Hongkong.

{Ramerve Pand

$11,000,000 8,000,000 2,150,000

Gaston, Shanghai, Elankow, thunbow. Bangkok, New Tork and fan Fine

ing the three weeks it took to shoot Every description of Banking BRANCHES:— the exterior scenes of the picture. and Exchange business transact- Dainty little Cecilia Parker plays op-ed. posite O'Brien in this film of the old

Current and Fixed Deposit Ae- LONDON BRANCHES---- west with Minna Gombell, Roscoe counts in local and foreign cur- Ates, J. Kerrigan and James Kirwood in the other featured roles,

"Delicious."

Janet Gaynor's appearance before.

The Lyện Dank, Limited. Correspondent is all principal eille of the Torsien Brabange and Dunking bocina et very desertation truseacted.

retriz resta) frame $5 to $4.

renties opened for clients.

Savings Account and Safe De-world posit Boxes.

Branches and Agencies all over.

a magistrate charged with unlawful the world. entry into the United States and infruction of the immigration laws, which makes her subject to deporta lights of Bellefous," Fex melody romance showing to-day at the Orton tal Theatre, in which the wieful little star shares honours with Charles Farrell. The picture is noto- worthy for George Gershwin's crea- Lion, "New York Rhapsody," symbolle of the magnitude, vigor, will-to-build and Innate cruelty of the groat Metropolis.

CINEMA SCREENINGS. Performs some of its most effective skillfully managed by the directors, manages to give up his life for some norial manoeuvres and that they are they are eminently successful. It ono. He has acted the same thing a photographed skilfully. Dirigibles happens, however, that for all the dozen times before; there is handly,tion is one of the dramatic high- ride through the clouds, planes land brilitance of serial spectacle ak a new trick in his repertoire, but miraculously on the deck of their photographed by the motion picture, somehow he makes the engaging half- enrrier, pilots wing their way in skil- a genuinely riels and racy perform wit ho portrays not only richly ful formations through the air, and, anca is somehow of more dramatic humorous but also, honestly touching, Wallaco Beory is of more help to when the exigencies of plot demand value. In "Holl Divers" Mr. Bleary "Hell Diver," How showing at the it, they force their ships into col plays one of those roles for which • "Riders of the Purple Bage.””

The stars were blasing like dia- Queen's Theatre, than the United Iisions that are both dangerous and he is properly celebrated, a drunken States Navy, anya a reviewer. It is oxclling. Men, planes, carriers and belligerent, good-for-nothing, with monds, in the deep Arisone aky nad Of The trus that the Navy, in assisting the battleships do their most gallant to hard fist, doubtful brain and a good the company of "Ridor" cinema to dramatize naval aviation, make the film pictorially thrilling and heart, who, in the end always Purple Bago,” the Fox film version

KAN TONG PO,

-Chief Manager.

BEPPU

EXPERT MASSAGE.

No. 308; Nathan Road,

-2nd Floor KOWLOON.

M

LOCK TOONG SHAN.

Chief Manager.

|ASSEUR R. SHIMIDŽU..

ASSEUSE S. HONDA, ASSEUSE 5. KISAKI.

Recommended for many years by Government

Civil Hospital, Peak Hospital, etc., and by all the lor Docteru,

-+----------

Burešt, Tel. 21945.