POLICE RESERVE
THE HONGKONG TELEGRAPH.
SPORT ADVTS.
ORDERS FOR THE CURRENT THE HONG KONG JOCKEY CLUB,
WEEK
Orders by the Hon. Mr. E. D. Wolfe, C.M.G., Inspector General →Police, state:
Armistice Day.
The THIRTEENTH EXTRA RACE
MONDAY, OCTOBER 31, 1932.
BANKS.
MEETING will be hold (Weather Per. P&O BANKING THE BANK OF EAST ASIA, LTD.
Cmilting) at HAPPY VALLEY OF
of
The following Police Reservista will parade for duly in connexion with the Armistice Day celebrations on Friday. November 11th:-
Chinese Company-60 members of the Chinese Company will parado at Central Police Station at 9.30 a.m. to draw revolvers Dress-White Unl- form, Helmet, Belt with Brace, and Truncheon to be carried.
Indian Company-20 members of tho Indian Company will parade at Central Police Station at 9.30 a.m. to draw revolvers. Dress--White Uni- form, Helmet, Belt, Truncheon to be carried.
Flying Squad.—15 members of the Flying Sqund will parade at Central Police Station at 10,00 am, sharp, to draw revolvern. Dress-White Uni- form, Helmet, Beit with Brace, and Truncheon to be carried.
Emergency Unit Reserve-25 muni- bers of the Emergency Unit Heserve will proceed direct to the stations allotted to them at the hour arranged, Dress-Khaki Uniform. Belt with Brace, Revolver und Trancheon to be
carried.
Chinese Company. Training Course-Part IL The following have been passed out, an efficient in Part 11 of Training Course) (knowledge of Police Duties and Re- gulations): Constables R24 To Kwan Chuen, R47 Leung U San, and K81 Ying Wal Kwong.
at the
All recruits will attend Chinese Company's Headquarters on Tuesday, November 1st: at 5.30 p.m.
for instruction.
Saturday, Bib November, 1932, c.m- mencing at 2.00 p.m.
The First Bell will be Rung at 1.30 p.m
CORPORATION LTD
(Incorporated in England, 1920).
45,500,000
MEMBERS' ENCLOSURE. Marabera are notified that they Autbored Capita! and their Ladies must wear theil Sabouribed and Faid-up ...... 2,494,100 Badges prominently displayed.
| Deserve Fund
No Ono without a Badre will be admitted to the Members Enclosure.
130,000
Established 1918.
THE YOKOHAMA SPECIE
"BANK, LIMITED.
Capital (fully paid up) ......... 109,000,00 Reserve Jand
******•*. 128,450,00 HEAD OFFIÓR:~~~YOKOHAMA,
Brauchon and Agvacion në
Tonstata Rangoon In! Yoen Fia de
Janeiro
Alexandria
HEAD OFFICE: 10, Des Voeux Road, Central,
HONGKONG.
Capital & Surplus over H$8,000,000 Bateria Badges admitting Non-Members to 117-122, Lebah Street, London, EO, S, Total Resources over H$40,000,000 Derlia
Clab the Members Enclosure and Rooms at 15.00 for Gentlemen $3.00 for Ladies (Both including Tax) are obtainable through the SECRET- ARY upon Introduction by a Mombor, such Member to be responsible Payment of All Chits, &c.
to
and
Flamber Calentin
Every description of Banking Denton and Exchange business transact- Changchun
HEAD OFFICE.
WEST END DRANCH. 14-19, Cockapur Street, London. 8.W.I.
BRANCHES:—Downbay, Calesita, Callent.
Riongkong. for
Madras, Shanghai.
ed.
Colombo, | Bingapors.
Agencies:-in wit the principal towns of the world.
Badres admitting
Members Enclosure will NOT be on sale at the tace Course.
be
On No Pretext will Children permitted in either Enclosure during the Meeting.
General change and Banking BusinessE (transacted, Loans and overdražte zrnated on approved security, Currana and Fixed Depoolt
Bookte operned,
BAVINOH BANK
ACCOUNT-Internet
Karachi
Kode
Deiren «Dalny) Nagmanki
Current and Fixed Deposit Ac-Fensties – counts in local and foreign cur- rencies opened for clients.
Bavings Account and Safe De-table posit Boxes.
Branches and Agencies all over
allowed si zatas which may be obtained on the world. apaleation
TRAVELLERS' LETTERS
OF CREDIT
Tins are obtainable at the Club House provided they are ordered from the No. 1 Boy in advance. Telephone and TRAVELLERS' CHEQUES asted. 21920.
PUBLIC ENCLOSURE. The Price of Admission to the Cubille Enclosure is $2.00 including Tax, for alt Persons, including Ladies, and in payable at the Gate.
Soldiers and Sailors in Uniform BI« admitted Half Price.
Bookmakers, Tic Tac Men, &c. willi not be permitted to operate within the Precincts of the Hongkong Jockey Club during the Race Meeting.
By Order,
FAUSENGERS* LETTERS OF 'CHEDIT for me only on board г. à 0.. and 'D.). Home Lina stammers, and at Ports of Call.
British Income Tax Bencvered.
Executorships and Trusteeship undertaken.
W. J. WADDINGTON,
(Mukden) Hamburg Hankow
Hongkong
Nagura
BANKS.
THE CHARTERED BANK OF HONGKONG AND SHANGHAI
BANKING CORPORATION. INDIA, AUSTRALIA & CHINA.
Incorporated by Bays) Chartar 1888,
HEAD
Pald-up Capital Reserve Fund
OFFICE-LONDON, -
8,900,000
¡Authorised Dapisal ........................................ 810,006,00 Loved and fuitg Bald-up (**.**** 30,906,ON
Baviera Pundit.
Bliver
................820.000,500
1,000,000 Reserve Liability of Primristors ..230,004,40
Rozetys Liablity of Proprietors .. 1.690,000
AGENCIES AND DRANCHES
RANGGON RAICON SEMARANG KEREMBAN
Ban Franc
London
Los Angeles Maxila
Seattle Demarang
ALOR STAR MONO AMRITSAR
Newchwang
New York
Singapore Bourabaya Byd
Ovaka
Thebain
Para
BANGKOK KARACHI BATAVIA BOMBAY CALOUTTA CANTON
ELANGTM XOBN KUALA
SHANGHAI
SINGAPORN
LUMPUR
KITIAWAN
Petpton
Tokyo Tylerto
JAWNPORE KUONO
CEAU
MADHAR
TAIPING
MANILA
MEDAN
KEW YORK
PIPING
TIENTEIN TONGKAH
(Phuket) TEINITAD
(Pekin)
YOKOHAMA
FENANG
SAMBOANGA
Internet allowed on Current Acetate Deposit received for fixed perioda i
IL MORL
COLOMBO
DFLBI HAIPHONG
THE HO HONG BANK LTD.
(Established 1917).
HAMBURG
ILANKOW
HARDIN
IGNGEGND
JOUKADAYA
HEAD OFFICEIHONGKONG.
DOARD OF DIRECTORS,
Itom br. 3, J. Paterson.
- Chairman,
T. & Pearse Enqu
Deputy Chairman.
Hon. Mr. W. 15, Bell 2. . 1'Juzuuer, Bon
A. H. Compwon. Meq. T. X, I. Shaw, De M. T. Johagon, Beg. 3, P. Warren, ko
d. Miskia, B
V. M. ORAYDUAN, K4, CHIEF MANAGER,
AMOY
ANGROK BATAVIA GALOUTTA
CANTON 011200 COLOMBO Forlan Exabanne and General and Banking
AIREN | Transsons krazenacted.
roooow Current Accorate opened and Fixed NAWRONG Deposits received for one year or shorter HAMBURG periode si raton which will be quecedon
■ be obtained on appilation.
KAN TONG PO,
Chief Manager.
Masure
Hongkong, 18th September, 1182.
行銀西
港香
Manager,
THE BANK OF KWANGSI. (Hong Kong Branch),
Authorised Capital
Paid-up Capital
13. Queen's Road, Central. $10,000,000 $3,500,000 Authorised
A. 1. FERGUSON. Hongbow "3th được 2018
Manager.
Capital Tagued Paid-up
Straits $20,000,000 ||
a
JI
the
行銀國中
Actg. Secretary. BANK OF CHINA
· S. A. SLEAP,
Hongkong, 31st October, 1932.
THE FANLING HUNT & RACE CLUB.
Special Train leaves Kowloon Training Course-Part 1-All re1.03 p.m. Returning 5.58 p.m. Cruits of the Chinese Company will attend Central Police Station for First Cines Return includes Squad Drill on Thursday, November admittance to Race Course, 3rd, at 5.30 p.m. Dress-White Uni- Admission Public Enclosure form and Cap with White Cover,
$1.00, Service Men in Uniform half price.
Emergency Unit Reserve, DefenduThe defendu class will meet in the gymnasium at Central Pelice Station on Friday; November 4th. at 6.30 11.m. Members from other Reserve Units are cordially invited. (Sgd.) D. L. KING,
D.S.P. (R).
ILD. CERTIFICATES.
THOMSON & CO., -
Chartered Accountants,
Secretaries.
THE MACAO JOCKEY CLUB
PROGRAMMES and ENTRY
| FORMS for the Fifth Extra Race
Meeting to be held in Macao on i SUNDAY, the 13th NOVEMBER. 1932, may be obtained at the Of the Seslete Internationale de aices of Mesers, Percy Smith, Placementa, Raale. (Local Agents Seth & Fleming, 6, Des Messrs. A. Gooke & Co.)
| Road, Central, Basie, excluding dividenda accru- ENTRIES close at 3 p.m. on
Friday, 4th November, 1932.
ed was £2. 168. 3d.
Voeux
Head Omec: Nanning, Kwangsi,
Branches.
Branches and Agencies in principal cities of the Kwangs Provinco and Correspondenta all over
troruzoland October 28, 1928, under apetal the world. charter of The National Government as xa -|
Hong Kong Branch. INTERNATIONAL EXCHANGE BANK.
Gloucester Ballding, Ist floor Des Voeur Rond, Central. ,025.000.000.00
Banking Busineas of every descrip. 24,710,200.00 tion transacted.
0.220,600.82
Ulmerited Capital
لمهاaldag Capl
Reserve Funds'
READ OFFIC—SHANGHAL
HONGKONG DRANCH.
4. Quown's Road, Central,
Owing to our numerous branches in China mercial centres of the world, we are able to and large connections in the important com.
extend to our clients special facilities for domerile, and fareizo banking and exchangr We also handle the issue of Bonds and other Publie Funds of the Chinese Govern ment holb at home and abroad,
SHOU J. CHEN.
Kabaret.
MRS. MOTONO. Hand and Electric Massage. Holder of Diploma and Certificate of Tokyo Denki Ryoho Kenkyusho (Tokyo Electric.Cure Institute). 31B, Wyndham Street,
Cable and Radio Address No. 2306| Telephones: Manager 80112, Business 80113. Enquiry 80114,
PAK THE KUN,
Manager.
CHANG CHAO TANG,
Sub-Manager Hongkong, 8th September. 1932.
MASSAGE
Mr. & Mrs. Y. MORI
Holder of Japanese Gavernment LICENCE
Cure Sprained Ankle & Wrist 4. Wyndham Street, 1st Floor Telephone 26051. Hongkong.
HEAD, OFFICE: SINGAPORE Local Branch:-
Reserve Liabilition of Shareholdera
D 5.000.000 NEDERLANDSCHE HANDEL
4,000,000
MAATSCHAPPIJ, N.V.
い
4,000,001 BRANCHES and AGENCIES I he principal cities of the world.
Evory description of Banking and Exchange business transacted,
CHUA KEH Hal
(Netherlands Trading Boeleiz).
DANKERS.
ESTABLISHED 1924.
NANKOW HARDIN HONGKAW
12OILO 1401
OHONE
| KOBA
KOWLOON
-
BRANCHES 1-
LONDON LYONS
MALACCA
MANILA
MUAR (Jabore MUEDEN
NEW YORK PEIPING PENANG
RANGOON BAIGON
SAN FRANCISDO BHANGHAI
SINGAPOR BOURAHATA -SUNGRI PATANI
TIENTSIN
ΤΟΚΥΟ TRINUTAO KUALA LUMPUR YOKOHAMA
Current Assmate opened in Local Currents and Fixed Deponite received for one year M shorter periode in Local Corroney and Steril on tarme which will be quoted in application
longkong, th April, 1928. |HONGKONG SAVINGS BANK
Manager Tanzkong Offen-it, Queen's Road. Centro NG CORPORATION, Rules may be obtained
THE BANK OF CANTON. LIMITED.
I end
Authorland Ospital Paid-up Capital Reserve Fund
ESTABLISHED 1912.
Office: Hongkong.
$11,000.00 1,667.50 1,100.00
BRANCHES:-
Canton, Bhanghat,' Hankow, Swalov, hangkok, New York and San Frut
LONDON BRANCHE-
cleoo.
The Lloyd's Bank, Limited,
Correspondente in at principat cilims of the
world.
Foreign change und Banking basinwe very decription transzted.
Safe Deposit Boxes (various alies) st early rental from đã to $40.
LOOK POONG BBAN,
Chiet Manager.
Authorized Depfil ................. 180,000.00 Pak-op Capital
........ 80,407,60 Reserve Fund... 15.013.00
Bid Oc—Amaterdam.*
Eastern Jísně ORes:-BATATIA.
Dandoen.' Bombay, Calcutta. Cheribe Djember DinkSakarta. Th Harun Jeddah, Kobe. Maku Kar. Medan, Palembang. Paka longer en.
Jangool Rotterdam, famarang," Phant Beerabak Betakarta (Holo). Torni.. TY lation and Weltevreden. *These offices have safe deposit boxes to la London Bankers :-National Provincial Dani
DRANCIICI Bandfilmaain,
Corterpondenta all over the world.
BANKING BUSINESS OF EVERY DESCRIPTION TRANSACTED.
Menager A. STOKKINE
flongkong. Kind June, 1992.
The Business of the above Dank is conducted by the HONGKONG AND SHANGHAI DANK on appikation,
FOR THE HONGKONG AND SHANULAJ BANKING CORPORATION,
V. M. GRATHURN,
Chief MaxaNOT. Hongkong, 27th February, 2013.
BEPPU
EXPERT MASSAGE No. 308, Nathan Road, 2nd Floor.
M
ASSEUR R. SHIMIDŽU, ASSEUSE S. HONDA
| ASSEUSE 5. KISAKI.
Recommended for many years by Government
Perk Civil Hospital, Hospital, etc., and by all the local Doctors.
24, Wyndham Street. Tel. 24945.
Learn These Facts... NOW
The natural laws of economics 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 (established more than 200 years) real estate companies in Shanghai with a steady successful record back of it.
Capital Tis. 5,000,000 fully paid in cash.
Business turnover 1931, Tis. 45,532,300 in land and mortgages only, which does not include management of estates, rent collec- tions, insurance written, trustees for beneficial owners of property and sundry sources of income,
The Company are Realtors, not speculators in Real Estate. The balance shoot as of December 31, 1931 shows:-- Assets
Land and Buildings at cost
12,341,726,31
Cash
3,351,055.84 1,844,259.11
Mortgages on Real Estate
held by Company
Dec. 31, 1931
35,971,200 4,840,700
Total Debenture issue
by which it will be noted that all of the proceeds from
Debentures are invested in
Mortgages and Tls. 1,131,500, of the Company's capital.
In the past twenty years the Company has negdilated more than one hundred million Taels In mortgages, ALL OF WHICH HAS BEEN RE- PAID, PRINCIPAL WITH PAID.
PRINCIPAL
INTEREST.
WITH
If after careful considera- tion of actual facts and figures you are receiving less than 8% upon your investments and/or šuvings, you are not using judgment but following old customs, believing 5% and 6% are current rates.
MEANS
CHINA
ONE THIRD MORE INCOME
REALTY COMPANY 8% DEBENTURES 8% INTEREST VS 6% INTEREST
The following extracts are taken from the Chairman's statement at the last annual Shareholders Meeting, February 20th, 1932,
"We feel that the Debenture holder from an investment standpoint, is just as much an interested partner of the Company as the Common Share- holder and is entitled to his just return on his investment, and by the figures given on the two years' working. I think we have amply proven that we were right that our Debenture holders receive eight per cent. Interest instead of six par cent,"
"The most successful concerns of the future will be those who recognize this principle-that even. banks will allocate to depositors a part of profits
earned on their money over and above current rates of interests. As our balance sheets show quite plainly the proceeds from the sale of our deben- tures is not used for the purchase of Real Estate. as we are not speculators, but for investment in first class mortgages, amply secured not only by the value of the property pledged as security, but as a further security the debentures constitute a first An claim on the total assets of the Company. analysis of the figures involved shows that every debenture has behind it assets equal to three times its value.
COMPARISON
Mortgage Department, 1930-1931
Market Value of
Amount Commission
Year
1930 1931
Amount
10,052,040 19,194,867
Property
% Average Average Value Interest Commission loaned
% 18,662,000 54% 9.18% 1.215% 34,075,565 56% 9.33% 0.765%
rate
Excess Interest over 8%
Earned
¥118.614
3122,316
255,291
146,825
€373,905 #269,141
373,905
This is No. 46 of a series advertisements issued to interest Hongkong investors in the liberal investment opportunities offered by the China Realty Company, Shanghai.
Earned above 8% paid to Debenture holders- $643,046
Of the above mortgages, there was assigned to investors:
1930 1931
¥6,532,660.00 13,223,545.00
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 carned 1.33% interest in excess of 8% paid on our Debentures, in addition to 3146.825 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 $5,000,000 capital.
"The Real Estate Maket Place of Shanghai,
CHINA REALTY COMPANY
CAPITAL TAELS 5,000,000.00 FEDERAL INC.. V. S. A.
~THE REAL ESTATE MARKET PLACE OF SHANGHAI -
CUT OUT & MAIL TO-DAY China Realty Company,
Secretary,
70, Szechven Road, Shanghaiï
Dear Sir,
tion on my part a copy of your last balance sheet and other information Please send me without obliga- regarding your 8% debenture issue. Name ...........................................、、
Address ..............................................
709
SZE C
N
HANG H
A !
H.
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