1932-10-31 — Page 9

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:

Armistico Day.

The THIRTEENTH EXTRA RACE

MEETING will be hold (Weather Per. P & 0 Cmitting) at HAPPY VALLEY OD of Saturday, 6th November, 1982, com-

mencing at 2.00 p.m.

►

The following Police Reserviste will parade for duty in connexion with the Armistice Day celebrations on Friday,

November 11th:—

The Firat Bell will be Rang at 1.30 p.m.

MONDAY, OCTOBER 31, 1932.

BANKS.

BANKING THE BANK OF EAST ASIA, LTD.

CORPORATION LTD

(Incorporated in England, 1920).

MEMBERS' ENCLOSURE. and their Ladies must wear

Members are notified that they Authorised Capital Badges prominently displayed.

their

Subscribet and Paid-up Reserve Fund....

and

READ OFFICH.

48,000,000 2,814,150 $80,000

►

Established 1018.

HEAD OFFICE:

10, Des Voeux Road, Central,

HONGKONG,

THE YOKOHAMA SPECIE BANK LIMITED.

Capital (tally paid up) ............. Baserve Fund ..........

Habe

BANKS.

THE CHARTERED BANK OFĮ IONGRONG AND SHANGHA;

INDIA, AUSTRALIA & CHINA.

BANKING CORPORATION.

Incorporated by Royal Charter 1844,

Authorized Opital lanned and fully Paid-up

Réserve Funda |--

Starlig Bilver

+359,400,000

- 30,000,000

-$10,000,000

1,004,000 Reserve Liability of Proprietor £30,000.00 1.000,000

Bateria

.T. 150,000,00 .................Y. 112,430,001

HEAD OFFICE:—YOKOHAMA.

Branches and Agencies at

Tevoluti Kal Tues Harschi

Bagoon

Rio de

HEAD OFFICHI-LONDON. Paid-up Omplial Reserve Fund .... Reserve Liability of Proprietors ..

.20,000,000

Janatro

Bombay

Can Franci

London

AGENCIES AND BRANCHES

Los Angeles Manila

Bemarang

Shanghai

ALOR STAR ILOILO

AMRITSAR ПРОП

MANGOON BAIGON

Singapore

Newchwang New York

Bourabaya

Ovika

Cranes Tiantain

Paris

Pelping

Tokyo Tilagtas

No One without a Badge will be - Chinese Company.-60 members of admitted to the Members Enclosure.

Capital & Surplus over H86,000,000 A Badges admitting Non-Members to 117-127. Leadenhall Street, London. Eo. Total Resources over H$40,000,000 Benin the Chinese Company will parado At Central Police Station at 9.30 am. Rooms at $0.00 for Gentleman

the Members Enclosure and Club draw rovolvers. Drena-White Uni- form, Helmet, Belt with Bruce, and $3.00 for Ladies (Bols including Tax) aro obtainable through the SECRET Truncheon to be carried.

ABY upon Introduction by a Member. such Member to be responsible for Payment of All Chita, &c.

Indian Company-30 members of the Indian Company will parade at Central Polled Slation at 9.30 a.m. to draw revolvers. Dress White Uni- form, Helmet, Bell, Truncheon to be carried.

Badges admitting to Members' Enclosure will NOT be on sale at the Race Courno

On No Pretext will Children be permitted in either Enclosure during the Meeting.

Flying Squad-15 members of the Flying Squad will parade nť Central Tins are obtainable at the Club Police Station at 10.00 a.m. sharp, to House provided they are ordered from draw revolvers, Dress-White Unf-the No. 1 Boy in advance. Telephone form, Helmet, Belt with Brace, and 21920. Truncheon to be carried.

Emergency Unit Reservó-25 ment bers of the Emergency Unit Reserve will proceed direct to the stalįɔns allotted to them at the hour arranged, Drean Khaki Uniform, Belt with Brace, Revolver and Truncheon to be carried.

13

Chinese Company. ****Training

Course-Part II. The following have been passed out efficient in Part II of Training Course (knowledge of Police Duties and Re- gulations):-Constables R24 Ta Kwan Chuen, R47 Leung U San, and RBI Ying Wai Kwong.

All recruits will attend at the! Chinese Company's Headquarters on Tuesday, November 1st, at 6.30 p.14 for Instruction.

Training Course-Part 1-All re: cruits of the Chinese Company will attend Central Police Station for Sqund Drill on Thursday, November 3rd. nt 5.30 p.m. Dress White Uni form and Cap with White Cover,

Emergency Unit Resorve, Defendu.The defendu class will meet in the gymnasium at Centrni Pelice Station on Friday, November 4th. at 5.30 p.m. Members from other Reserve Units are cordially invitesì. (Sgd.) D. L. KING,

D.S.P. (R).

ILD. CERTIFICATES.

Of the Societe Internationale de Placements, Basle. (Local Agents Messrs. A, Gacke & Co.) Baste, excluding dividenda aceru-

ed was £2. 168. 3d.

|

PUBLIC ENCLOSURE

Public Enclosure in $2.00 including The Price of Admission to the Tax, for all Persons, including Ladies, and is payable at the Gate,

Soldiers and Saliors in Uniform are admitted Half Price.

Bookmakers, Tic Tac Men, &c., will not be permitted to operate within the Precincts of the Hongkong Jockey Club during the Race Meeting.

By Order,

8. A. SLEAP,

Actg. Secretary. Hongkong, 31st Octuber, 1992.

THE FANLING HUNT & RACE CLUB.

Special Train leaves 1.05 p.m. Returning 3.58 p.n.

Kowloon

First

('ings Return includes admittance to Race Course.

Admission Publie Enclosure! $1.00. Servlee Men in Uniform half price.

THOMSON & CO..

Chartered Accountants,

Serretaries.

THE MACAO JOCKEY CLUB

PROGRAMMES and ENTRY FORMS for the Fifth Extra Race Meeting to be held in Macao on SUNDAY, the 13th NOVEMBER, 1932, may be obtained at the offices of Meaars, Percy Smith, Seth & Fleming, G. Des Voeux Road, Central.

ENTRIES close at 3 p.m. on Friday, 4th November, 1932.

WEST END DRANCIL. 14-10, Dockspur Street, London, 9.W.I.

BRANCHES--Dornber, Caleuita, Calicut, Colombe Konekona. Hadre. Thangha

Agenciar-In all the principal towns et

Blogipore.

the world.

General Exchange and Banking Dualneg | transscled. Loade and overdrafts, granted on approved security. Cerrent and Fixed Deposit secounts opened.

ACCOUNT -Interest

SAVINGS BANK

allowed a rain which may be obtained on

application.

and TRAVELLERS CHEQUES red.

TILA VELLEIS' LETTING OF OREDIT

for

TABSENGER' LETTERS 09 CHEDIT en ably on board P. 40. and 3.1. lime Line steamere, and at Porta of Cali,

Brill Income Tax incovered,

Faccutorships and Trusteeships undertaken.

W. J. WADDINGTON.

Manurer.

行銀國中

BANK OF CHINA

Every description of Banking Calcutta and Exchange business transact changes

Canton

ed.

Nagor

Dairen (Delay) Nagasaki Current and Fixed Deposit Ac-n

(Mukden) counts in local and foreign cur-

Hamburg rencies opened for clients.

flankow Savings Account and Safo Debi posit Boxes.

Branches and Agencies all over: the world.

KAN TONG PO,

Chief Manager.

行銀西廣湝香

Hongkong

Beattle

Interest allowed on Current Accounts. Deposita received for fixed perioda·st rate a, de obtained on application

Iz. MOXI

Mayagu. Hongkong, lfth September, 1982.

BANGKOK

DOMBAY

KARACHI

KLANO

| CAWNPORS' KUCHING

MADRAS

MANILA

SEMARANG

SEREMBAN BHANGHAI SINGAPORE

BITTAWAN

BOURADAYA

BATAVIA

Cour

[CALOUTTA

CANTION

KUALA

LUMPUR

TAIPING

COLOMIO DELTA RAIFLONG

TUNTEIN TUNGKAH

NEW YOLK

HAMDUNG

FEIFING

HANKOW

HARBIN

THE HO HONG BANK LTD. HONGKONG

(Established 1917).

MIGDIAN

(reking)

BRAD OFFICMS--UONGKONO.

BOARD OF DIRECTORS. Hon. Mr. J. J. Paterson.

T. 2. Pearse Ees.

Deputy ChaiZIONI,

Ilon. Mr. W. H. Dell, J, A. Plommer, R A. II. Compton, Hed. T. IL R. Bhaw, M. T. Johnson, Fag. J. F. Wartan. 140

G. Mkkis, Eve

(buket) TEINOTAO

AMOY

ANGKOR

V. M. GRAYBURN, Esq., CHIEF MANAGER.

TENANG

ТОКОПАМА ZAMBOANGA

BATAVIA CALOUTTA CANTON

QUETOO

Foreign Buchauxe and General and Danking

COLOMBO

AIREN

THE BANK OF KWANGSI, (Hong Kong Branch).

į bastuns transnated. Current Доста Deposita received for one year or therter periode at rate which will be application

FOOCHOW

ПАТРИОНО

quoted

HAMBURG

HANKOW

Authorised Capital

$10,000,000

13. Queen's Road, Central.

Paid-up Capital

$5,500,000 Authorised

A. II. FERGUSON,

Manager. Bangkong, Hh Jaờ, 1922,

HARDIN

Head Ofce: Nanging, Kwangel.

Branches,

Capital Janued Paid-up

하

Straits $20,000,000 8,000,000

Beorganized October 18, 192, under special Province and Correspondents all over

charler of The National Government D

INTERNATIONAL EXCHANGE DANK.

ubscribed Capital

- Capit Bersa Funda

,795,000,000.00 24,710,200.00 8,820.405.82

HEAD OFFICE-8BANGHAI.

HONGKONG BRANCH.

4. Queen's Road. Central

Owing to be numerosa branches in China mercial centres of the world, we are able to Fand large connection in the Important com.

extend to our clients special fuellin for domestic and foreign banking and exchange. We he handle the leave of Bands and anther Pablle Punde of the lines Govern iment both at home and abroad.

AROU J. CHEN,

.Manager.

MRS. MOTONO. Hand and Electric Manange, Holder of Diploma and Certificate of Tokyo Denki Ryoho Kenkyusho|

(Tokyo Electric Cure Institute), 31B, Wyndham Street.

Branches and Agencies in the principal cities of the Kwanga

the world.

Hong Kong Branch. Gloucester Building, 1st floor Des Voeux Road, Central.

Banking Business of every deserip tion transacted.

Cable and Radio Address No. 2300 Telephones: Manager

30112, Business 30113, Enquiry 30114.

PAK TEE KUN,

Manager.

CHANG CHAO TANG,

Bub-Manager

Hongkong, 8th September. 1932.

MASSAGE

Mr. & Mrs. Y. MORI Holder of Japanese Government LICENCE

Cure Sprained Ankle & Wrist 4. Wyndham Street, 1st Floor

Telephone 26051. Hongkong.

HEAD OFFICE:-SINGAPORE Local Branch:--

Reserve Liabilities of Shareholders

4,000,000

4,000,000 BRANCHES and AGENCIES Ir The principal cities of the world.

Every description of Banking and Exchange business transacted.

CHUA KEH UAI

Manager.

THE BANK OF CANTON, LIMITED.

ESTADLIBBED 1912.

Head Office:-llongkong.

Pald-ny Capital [Reserve Fund

Authorlaed Capital

BRANCHES -

NEDERLANDSCHE HANDEL MAATSCHAPPLI, N.V.

(Netherlands Trading Boclaty),

HANKKER.

KSTABLISHED 1614

Henglong GMco-11. Queen's Rand, Centre Aulberfaed. Capital ............. 150,000.00 Paid-up Capitat

.F. 80,000,00 Венета Рund

.... 20,010.00

Eastern Head Of¢a-DATAYIA

.......#11,605,00+ | BRANCHTS:~Bandfedman, Bandoen

8,600,00 1.102.00+

Castro. Shanshal. Bankow, waton Bartok, New York and San Fra vero. LONDON BRANCHES-

The Lloyds Bank, Limited.

Correspondenta in act wrincipal cftice of the

work.

Foreign Exibanga and Danking busine very descripilon irascied.

Bafe Deposit Bonus (vaslom alsom} mi murty rental from 15 to 240,

LOGE FOONG SHAN.

Chief HanaKET

Innbay, Cairolta, Uber Do Dlember. Diokjakarta.#n Ingue, Jeddah, Kobe. Hakus aar, Medan. Palembana.¿P«k» Longar. Penang. HARRI Rotterdam, Bsmarang, Bhang hef. Bingapore. Boersbals Soerakarta (Bola), Tegal. W Taidan and Weltevreden.” *These offices have safe depoelt boxes to let London Mankers-National Provincial Dam

Corrependents all over the' world,

BANKING BUSINESS OF EVERY DESCRIPTION TRANSACTED.

Manager.

A. STORKINK..

Rongkong, 2nd June, 1912.

ΔΟΝΑΙΚΗ ILOILO

ІРОП

OHORE KOBE

HOWLOON

BRANCHERS

KUALA LUMPUH

LONDON

LYONS MALAGOA MANTLA

MUAR (Jobere) MUKOJEN

NEW YORK PETFING

PENANG BANGOON

DAIGON

HAN TRANC1800 SHANGMAI. SINGAPORN

SOURABAYA RUNGE FATANI

TIENTRIN

ΤΟΚΤΟ

TSINGTAO YOKOHAMA Carseal Accounts opened la Local Curranty and Fixed Deposits received for one PALY N aborter periods in Local Currency and Sterling on terma which will be quoted on application

Ilongkong, 6th April, 1984. HONGKONG BAVINGS BANE

The Business of the above Dark is conductel by the HONGKONG AND SHANGHAI BANK ING CORPORATION. Rules may be obtaine on application

FOR THE HONGKONG AND BHANGHAI DANKING CORPORATION.

V. M. GRAYBURN,

Chief ManaEST. Hongkong, 17th February, 1938.

BEPPU

EXPERT MASSAGE No. 308, Nathan Road, 2nd Floor.

M

ASSEUR R. SHIMIDZU. ASSEUSE S. HONDA

ASSEUSE S. KISAKI,

Recommended for many years by Government Civil Hospital, Pesk |Hospital, ste, and by all the lock)

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 festablished 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. 45,632,300 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 sheet as of December 31, 1931 shows:→→→ Assets

Land and Buildings at cost

Cash

Dec. 31, 1931

12,341,726,31

3,351,055.84

1.844,259.11

$5,971,200 4,840,700

Mortgages on Real Estate, held by Company

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 negotiated more than one hundred million Taels in mortgages, ALL OF WHICH HAS BEEN RE- PAID.. PRINCIPAL .WITH PAID. PRINCIPAL WITH INTEREST.

If after enreful considera- tion of actual facts and figures you are receiving less than 8% upon your investments and/or savings, you are not using judgment but following old customs, believing 5% and 6% are current rates.

MEANS ONE THIRD MORE INCOME

CHINA

REALTY COMPANY 8% DEBENTURES 8% INTEREST VS 6% INTEREST

The following extracts are taken from the Chairman's statement at the last annual Shareholders Mooting, 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 per 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 first claim on the total assets of the Company. An analysis of the figures involved shows that every debenture has behind it assets equal to three times its value.'

COMPARISON

Mortgage Department, 1930-1931

Amount Commission!

Earried

3122,316

Year

1930 1931

Amount

10,052,040 19,194,867

Market Value of Property €18,662,000 34,075,565

% Average 'Average Valuc Interest Commission loaned rate

% 54% 9.18% 1.215% 56% 9.33%

0.765%

Excess

- Interest Over 8%

$118,614 255,291

$373,905

146,825

$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 Debanturo holders- 7643,046-

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 earned 1.33% Interest in excess of 8% paid on our Debentures, in addition to 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 $5,000,000 capital.

"The Real Estate Maket Place of Shanghai.

REALTY COMPANY

CHINA

70

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

THE REAL ESTATE MARKET PLACE OF SHANGHAI

3.2 E CH V. E N R D

SHANGHA

CH

1

N

CUT OUT & MAIL TO-DAY

Secretary,

70, Szechuen Road, Shanghai.

China Realty Company,

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