HONG KONG AND SHANGHAI BANKING CORPORATION.
Luted Cap
brane and Fang (alup
Bessers Funda i--
Theifingurun
HOME
$29, 1994, Aa $3,100.94
Severe hisnility of Empuriakots ... #RINDAN
HEAD OFFICE. HONG KONU
BOARD OF DISKUTOSS :-
3. 4. Plum. Rú. Caterin
Hon. Su. 9. 14, 5. Al schlo.
Deputy Chadem
.. soli, kimų
A. B. Compteni, P.nj.
B. Labiler lawin, kaj.
0. Mlekin, Exp
PRASUZUK
BATAVIA
HUMAAT
OLLJUTTA
BARTON
FOO
COLORING
MATRON
PULOMUM
KAIPHONG
MAKBURG
KAKIOW
AUHUKRW
UULLO
JUM 20
ROWLDOX
AVALA
ion. Mr. J. J. Xation.
T. E. Pearse, En
T. I. B. Shaw, Kaj.
J. P. Warrsa. Bu
Chief Ms.
V. 35. Uzaghmen, Kıq.
BRANCELES :-
LUMPUR,
LUNDUR
LYUNG
MALACCA
HANILA
MAI (Jahu18}
MUKDEN
• NAGASAKI
NEW YORK
CEIPING
PENANU KANGOON
SAIDON
SA YHANDISLA>
BETANGHAL
HINGAPORE
BUG BABAYA
SUNUKI PATANŲ
SIENTSIN
TULIO
IMINUZAO YUEHAMA
Metoda sa Opound in Boat Current Departs bonsai tur von Janu buke e bona? Butromy ADA
* j and use appla
Hung Help, Ini Ap-10, 1981,
HONG KONG SAVINGS BANK.
La Buamene of the above flank is nondus- by the ROND G AND SHANGHAI BANKING CORPORATION. Bule may b musained as appratica.
FUR THR HONG KONG * BHANUELL BANKING CORPORATION,
1. 31. KAYBURN,
Chief Staning.
Hong Kong, 17th Marea, 1920.
BEDERLANDSCHE HANDEL - MAATSCHAPPIJ, N.V.
JETERLANDS TRADING MOMLETY:
ВАНЕЕВА.
Gisliked 1834
Ben Kong Off-11 Qen's Boss. Central
Authorised Capital manum Oxildare 150.000.000
13,500.008) mid-y Jap{643 Ogillant an,000,000 (£8,656,167,) Bossero Fund saunumus. Guildass 10,000,000- (23,838,234)
Bood D-(AKM) KBDAM”) Eastern Hand (Məs:—BATAVIA.
BRANCHE-Bandforniasio Banderas"). Bombay,
3. The
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.
Incorperated by Royal Charter, 1858.
HEAD OFFICE: LONDON. Paid-up Capital
£3,000,000
Boserve Fund
.$4,000,000
Reserve Liability of Propria-
tora
£3,000,000
· Agencies and 'Branchon;
KUALA LUMPUR
(Malay Baleg
KUCHING
KADRAS
MANILA
NEW TONK
PEKING
ALAID STAR
AMNITĦAR
DANGROX BATAVIA BONDAY CALOUTTA CANTON
DAWNFORE GERO
GOLOMBO
DAIBEN (Dalay
Bouth Manchuria)
DELUI
HAIPHONG
HAMBURO
HANKOW
НАДНОК
(N. Manoburla
. HONG KONG
ILOILO
IPOH
KARAOH.
ELANG
IONE
KUALA KANGSAR
PURE (F.M.8.)
MEDAN
PENANG
PESHAWAR
HANGGON
MEMARANG
· ALTOON
UKREMBAN
BHANGHAI ВПАРОВЕ
GOURABAYA TAIPINO
(P.M.S.) TAVOY
TIENTBIK
TOLYO
TONOKAH (D THINOTAÐ
YOKOHAMA
SAMBOANGA
(Philippine Islanda)
Foreign Exchange and General Banking business transacted.
Current Accounts opened and Fir- ed Deposits received for 1 your or shorter periods at rates which will be quoted on application,
A. EL. FERGUSON,
Managar. Hong Kong, Stu. January, 1929.
THE HO HONG BANK, LTD.
Authorised Issued
Pald-up
Reserve
(Established 1917.)
CAPITAL.
.Straits $20,000,000 8,000,000 4,000,000
4,000,000 2,526,000
"
11
Liabilities
P
J
of Shareholders Surplus
HEAD OFFICE:-SINGAPORE Branches, Agencies and Correspon- denta in the principal cities of the
world.
Every description of Banking and Exchange business transacted.
TAN ENG HOOL
Manager.
THE CHINA
MAIL.
Commerce and Finance
· EMPIRE GOODS.
EXTENSION OF NEW ZEALAND PREFERENCES.
Wellington, N.Z, Yesterday.
NEW COMPANY.
SOUTH CHINA MOTOR-SHIP. BUILDING & REPAIRING.
:
Limited authorised
After some preliminary work of The House of Representatives organization, a new Chinese Com kan adopted the revised tarifpany, named the South China under which the preferences on Shipbuilding & Repairing Works, Empire goods are extended. Fre Ltd., was formed a few months ago ference is granted to 295 items of and registered in Hong Kong an British goods and an increased June 12, as a private preference is made in respect or Company
with 158 articles.--Reuter,
capital of $250,000.
The object of this Company was fo establish a shipyard on one of the Marine Lots on the Peninsula. This project was, however, aban- doned as a result of negotiations with the Hong Kong Government;
INDIAN LOAN.
UNLIMITED ISSUE OF RUPEE 6 PER CENT. BONDS.
London. Yesterday. The Government of India is is suing an unlimited Rupee loan in 5. per cent. bonds from 1933-6 at par-Reuter.
WORLD TRADE.
MARKET FOR SECURITIES WANTED.
In
Ivor Kreuger, "the bachelor king of match makers," visiting Chicago and the Middle West, told business men recently that it was not the war debts that caused complications In international trade "but the pay- ment of interest on other loans and debts incurred by the export sur- AMERICAN EXPRESS COMPANY, plus of certain countries, which can- not be paid in gold, because there is not enough of it, nor in goods, be- cause the creditor nations do not want them."
THE
INC
Head Office: 65, Broadway, New York,
Capital Surplus .. Reserves
BRANCHES >---
Amsterd
Antwerp
Athero inte
Changraw
J
Nuph Pi
1
P
Biurritz
Boulay
bal
Bremen
Bran
Har Aires, Cairn
Interlaken Provalent Tide Fondan Liverpons
Calcutta
CHEAPK
Lagad SALE
Marseilles
Manila
Calouste, Charlboa, Pjsciber, Djok {akarin'] The Bague'), Jeddah, Kudo, 'Kase-Hadja, Makassar, Medan, Pudson
Palemba
Pekalongan, Pana Pontians Bangoon, BottarĒsus”),
Ramar shq'). Ebanghel (Sumasa). Bingapore. WoersbÍA, Surakarta Bois), Taqui, Tidafią and Wellerriden.");
«đom have vie deposit boxes to let.
Lemon Buskera National Provincial Bank Ltd.
Gerpondente al mar, the world
Bankios buskere of erury description transacted.
A. STOKKINK.
Act. Burger.
Hong Kong, 18th April, 1920
BANQUE DE L'INDO - CHINE,
HEAD OFFICE:
20. Howevarq tamaması, l'aria.
Colombo
Costantinope
+
Monte Carlo
Mondeh
1cking
Palermu Kutterdans Bone Svinboul ingi Southampton Sippaporu $. Minrita Tantric
Vienna Vahler Yokohaman
an
for the purchase of one of the last emaining valuable Marine lots known as K.M.L. No. 90, with a total area of 222,000 square feet, situated at To Kwa Wan, Kowloon Bay, which for many years was occupied by the Kwong Tak Cheong Shipbuilding, Engineering and Dock Co, Ltd., whose yard until a few years ago built more than 120 ships. Another agreement has been signed with another firm to extend the shipyard on an adjoin- |ing ground with an area of 146,000 square feet, thus making the total area of 167,000 square feet in case of necesalty in future.
The whole aren with a Crown Lease of 75 years, with a further extension of 76 years, including, Marine Rights, all buildings and fittings thereon, were acquired from the Hong Kong Government a few days ago at the reasonable price of H.K.$295,000.
The present
Directors of the Private Limited Company have, by special resolution, decided to form this Company into a Public Limit- ed Company, and intend to issue an increased number of shares, mak- ing the capital HK$1,000,000.
The Objects.
The objects of the Company are to organite a modern and up-to- date shipyard and repairing works. specialising in motor-shipbuilding
U.S.$6,000,000 Quite true!The Swedish match U.S.$1.572,454king is head of Kreuger and Toll, U.S.$1,008,209
a powerful international trust, con- trolling 225 subsidiary companies, and operating in every known coan- Some of the prominent business try except Russia. His organisa- men have been invited to serve tion produces more than 75 por on the Board of Directers of the cent., of all the matches made in ) newly-formed Company. the world. After stating his opinion, he suggested a way out
"Create an International market for securities," he said "through which the debtor nations can have their temporary.bligations con-and repairing of motors of all verted into long term loans, as was descriptions. The shipyard will done regularly before the war, when also undertake to build or repair Great Britain, France, Switzerland, ships other than those driven by Company in Principal cities of Unit-Holland and Germany were the Diesel motors.
principal creditor nations."
It is a well-known fact that What Ivor Kreuger, 49, whose motors, motorships, and
Diesel All classes of Commercial Banking company recently loaned Ger- engines, are being built on an in- Transactions undertaken.
many $125,000,000 and other creased scale every
year. Fac- nations some tens of millions in re tories and other power plants on turn for the match monopolies in land are steadily replacing. their the different countries, says is of steam engines with motors and The Company offers to intending worldwide import. For his Travellers the use of its "Travelers pany's securities are Cheques" and Letters of Credit and,
listed and quated on addition, the world-wide services
more stock exchanges of its thoroughly equipped, Travel De the world over than any other cor-
porations.
t'puntagan Edinburati Florence Cienora
Branches
Mareui
31 Han
of American
Z rich
Express
ed States of America and Canada.
Subscribed Capital Frs. 72,000,000.00 Personal Pald-Up Capital ...Fre. 68,400,000.00 | landed. Meserve. Funds ....Fra.102,000,000,00
PRANOMES:
Bangkok Hong Kong Qufuhon
Battambang Hue
Cantba
Canton
Djibouti
Saigon Mangtze Shanghai Nam-Diab Singapore Neuma
Fort-Bayard Papecto
Thabes Tiuntsia
Haiphong Peking Tourane
Hankow Zanot
Pnom-2.ah Vinh Pondicherry Yunnanfu BANKERS:
IN YRANGE: Comptoir National d'Escompte de Paris; Credit Lyonnaiı; Banque de Paris et des Pays-Bas; Credit Industriel et Commercial; So- tista Generale
IN LONDON: The National Pro
partment.
investment
Affiliated with
accounts
THE CHASE NATIONAL BANK Resources ..Over G$2,500,000,000
E., W. DUGGAN,
Manager,
vincial & Union Bank of England, THE BANK OF TAIWAN, LTD.
Lid; Comptoir National d'Escompte
de Paris; Credit Lyonnais,
IN NEW YORK: J: P. Morgan &
(TAIWAN GINKO)
Co. French American Banking Cor- HEAD OFFICE:-Taipeh, Formosa,
Doration; Guaranty Trust Co. of New York.
Interest allowed on Current Ac- - saunts and Fixed Deposita according
to arrangements.
Every description of Banking and Exchange Business transacted. Safe Deposit Boxes to lat.
A. LECOT,
Hong Kong. 1st May, 1929.
Manager.
THE YOKOHAMA SPECIE BANK, LIMITED
Established 1880,
Capital (falls paid-up) Yen 100,000,000 Reservs Fund
.....Yen 111,600,000
Head Oes-YOKOHAMA,
Branchen and Agencies atr. Alexandria
Nagoya Batavia
Newchwang Bombay
·Buenos ́Ayres: (Tmporarily
New_York
Osaka Peking Rangoon Rio de Janeiro Salgon San Francisco. Mington (Munden) Seattle. Hamburg Ma 34 Bemarang Kanikow
Dabran (Duby).
Harbin
Hox Hong
Homoluin
Shanghai
Shimquo«eki"
·Singapore Soerabaya. Bydney Tientsin.
Tokyo re Tsiantu
Vladivosto
Incorporated by Special Imperial
Charter, 1899.
Central Bank in Fres Bent Note d Ayings umnous) -Ÿea, 6%,000,00 BRANCHES AND AGENCIES:
com-
"What complicates the situation is the unfamiliarity of American Investors in foreiga securities," he declared, "whereas the European capitalists have for generations been trained in the acceptance of foreign stocks and bonds."
No European since the war has
business than this youthful-looking become a greater power in world
Swedlah match leader.
VERY MYSTERIOUS!
There is much speculation in the Midlands regarding the rumoura that the Wellingborough area is bo JAPAN?, Tokobama, Love, Desks,
ing seriously considered by a large ZOHKOBA-Oran
Irinkoseinas, foreign corporation at the centre Makong Nanto, Bhabits, Takke, for the establishment of IN
Hankow, Amoy, Tochow, rubber industry embodying pro- Bestow, Canton, OTKARS 1—4 Ég Kong Giappone, Bourabaya, cesses at present not used in any
Caleather part of the British Isles.
Bemaros
Londate Kaw Tork, Daint
LONDON BANKEBS: '
K. MAGURA,
Katagor
a new
The London Jounty Westminster and Fan's Bank in a very large way of business and The Back has Comergvndente în all the prts makes use of a secret process for Įsigal Documardial Cantona ihroughout the world.
the manufacturer of rubber. Great secrecy is being maintained by the firm, however, particularly in coa- nection with its processes, and not even its name has been disclosed in connection with the land negotia. tions.
HONG KONG BAHON ||
Hong Kong, 19th January, tisk
STOVE Bond Central
THE BANK OF CHINA. 行跟國中
i
!
Diesel engines, which are far more economical,
The new Company will be la a position to take full advantage of all the latest epoch-making inven tiona in shipbuilding and avold having any part of their capital tied up in obsolete equipment.
Use of Electricity.
All steam and gas engines will be eliminated, and the whole ship) yard machinery and most of the Important tools will be driven by electricity, and only the latest equipments will be used,
Five building berths for ships up to 950/400 feet in length are at their disposal and the present two slipways will be replaced by the most up-to-date ones: the No. and the No. 2 will be up to 150 1 alipway will be up to 250 feet;
feet in length, The shunting winches for these slipways will be driven also by electricity.
The shipyard and repairing works will be under the manage- ment of an experienced motor- shipbuilding Diesel engine and motor engineer who has been en- gaged from Europe.
At present a large number of workmen are engaged in repairing the buildings and modernising the shipyard, which will be ready for operations latest on September 1, although the replacing of the alip Ways and the installation of a few more additional plants will not be completed at the same time, but will be ready as soon as possible.
also be replaced by a concrete The present wooden wharf will fitting-out wharf of about 150 feet
In length..
Orders for Motor Ships. The Hoi Fook Shipping Co., Ltd., have placed an order for the con- struction of two up-to-date motor- ships, the keel of which will be laid at the end of September. There is also every possibility that, In repair work the shipyard will have ample support from the be sinning, as they have the promises: of many well-known shipping Arms.
The firm of Mesars. Brandt & Co. will sign as General Managers. Their office, together with that of the South China Motor-Shipbuild- ing & Repairing Works, Ltd., is on. the 3rd floor, St. George's Build- ing. Chater Road, with a branch office in Canton and a European agent in Hamburg,
YESTERDAY'S SOLUTION
BADM SHAM SEEN
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DAILY CROSS-WORD PUZZLE.
(This orass-word puzzle has been made by an expert but our readers are warned to look out for occasional phonetic
spellings, such as harbor, plow, and altho.)
1 12
13
118
*
38
The firm concerned is stated to be.
42
1146
HORIZONTALN
However, it has no place in the United Kingdom at present, and
Koorganised October 26, 1923, under those of its products so far in use,
INTERNATIONAL EXCHANGE
special charter of The National Gov-in this country, are imported from [ernment; as an”.
Germany, but it is understood that, CHANG the headquarters of the concern BANE 18 are in Canada. There are branches Subscribed Capital-$25,000,000.00 In many countries-Rubber Age. Fald-Up Capital Reserve Funda
‚$24,710,200.00 .*$8,820,503-82
HEAD OFFICE: SHANGHAL,
HONG KONG BRANCH:
^& Queen's Road Central,
Owing to our numerous branches in China and large: connections in the important commercial centres of the world, were able to artend to pur clients special facilities for domestic And foreign banking and erchange
We also handle the fate of Bonds and other Pablle Funds of the Chin ese Government both, at home and
THE BANK OF CANTON, LTD.
Established 1912.
Hand Offer in Hong Kong.
inthariond Cupljal (IM. Ovanqner) 2BOLSILANE," Fold Up Caplet
Liloankpadaptacja – 8,000,000
Chaton, Bhanghai, Banalene,''Mos" Tork. SALONDON BARTERS plas
ORDERTI
1-A elty In Now
28
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25-A estor 19
27-To purify or cleanse 20-Withered (AEX 31-To regret
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THURSDAY, JULY 24, 1930.
ILLUSTRATED !
ILLUSTRATED !!
ILLUSTRATED !!!
SPECIAL COLOURED SUPPLEMENT with PICTURES of all local events
is given free în the OVERLAND
A WEEK'S
CHINA
PAPERS IN ONE.
LOCAL NEWS, CHINESE NEWS. and all the NEWS.
The Weekly paper that saves you the trouble of writing Home.
After a lull of several months, pirates are again active in the vicinity of the Colony. Much apprehension was caused during the week when it became known that the British steamer Helikon, registered in Hong Kong, had been captured by pirates, and taken to the now notorious Blag Bay. Itappily the affair involved no loss of life...and the ship's officers were courteously treated, although fourteen Chinese, including the No. 1 compradore, were taken away for ransom. A full description of the affair appears in the OVERLAND CHINA MAIL.
A ghastly outrage is reported from the lonely Police Station at Lock Ma Chau, on the border of the New Terri- tories, An Indian constable, whose mind presumably became unhinged over some trifling cause, suddenly ran amok whilst his superiors were out on duty. He seized the armoury, and killed the wife of one of the European sergeants, besides one of his colleagues who pluckily, attempted to capture him. Afterward he turned a rifle on himself, and was found dead when Police rushed the build · ing. The OVERLAND CHINA MAIL reports the tragedy in its entirety.
The OVERLAND CHINA MAIL also carries full details of an interesting appeal ngainst, a judgment handed down by Sir Henry Gollan in the case of a much-disputed mort- gage. The hearing involved much intricate legal argument, the salient points of which are included in the report.
A verdict of "Guilty bit Insane" was returned in the case in which a Chinese was charged with the murder of five compatriots at the Hung Tak Bank two or three months ago. The case, which excited great interest amongst the Chinese, has since been the subject of comment in the Chinese Chamber of Commerce, the bank in question having protested strongly against the finding of the jury. Fall particulars will be found in the OVERLAND CHINA MAIL.
A campaign is being waged against owners of unlicensed radio sets in the Colony, and the OVERLAND CHINA MAIL contains reports of several of these cases which came before the Magistrates.
There is no phase of the life of the Colony or of China that does not receive attention in the OVERLAND CHINA MAIL -the weekly paper that YOU MUST ORDER NOW.
Letters to relatives and friends inį lis, and Canada testify to the koon other parts of the world frequently pleasure and interest its weekly fail to be written even by the mosij arrival brings. ardent correspondents. It is a
For your folks at Home to ra- kindly thought, therefore, to ensure seive this weekly budget, or to keep that those away from the Colony, yourself posted with affairs during or folks at Home, should have an your absence, ait that you have to do is to drop a note to the "Overi unfailing supply of Hong Kong
land China Mall.". and Chinese news every week-by means of a subscription, to the "Overland China Mail"
The word "Overland" is a TO- minder of the experience behind the production, it having been publish- Without any trouble of packing ed since the early days of the and worrying about the Pont Ofice Colony, to be sent OVERLAND en your part, and at the cost only because there was no Suez Canal, of $3.75 for three months, the and that was the quickest route "Overland China Mail" will be by which to get mail Home. In sant Home for you every week, the march of time the "Overland catching the mail regularly. It China Mail" has become the only. contains just the news, features weekly norte hudget which has a and pictures from the daily "China coloured pictorial supplement with Mil" that make a studied appeal local photographs. It is made fust people with any interest to suit requirements, as it has done whatsoever is Hong Kong, and all along. What more could be
窖
many letters from Home, Austra-| desired?
READY TO-MORROW
Mall via Suez closes at 6 p.m., July 25. and via Siberia at 8.30 a.m., July 30,
SINGLE COPY
25 Ceata.
INCLUDING SPECIAL COLOURED
PICTURE SUPPLEMENT
(Sold on the streets and at the bookstalls or you can send your unbscription to the office,LE, $18 per annum, or
$15 lncluding postage abroad. Half-yourly or quarterly periods pro rata.]
No. 8A, WYNDHAM STREET-PHONE 20022.
'THE OVERLAND CHINA MAIL”.
MCKENNA DUTIES.
DISAPPEARANCE OF FOREIGN
· MENACE.
Empire
knew that in certain markets the tide had definitely turn- ed, in their favour.
They could look forward to the future with a growing appreciation' that there was nothing funda mentally wrong in British motor. Sir Herbert, Austin, speaking in design, that a certain measure of London on May 20, at the annual stability existed in the home market meeting of the British Manufactur and that a real start has been made. ers' Section of the Society of Motor In the Empire markets. Manufacturers and Traders, Ltd. In the gradual evolution of Em said that the operation of the Mes pire economic unity he felt they Kends duties had contributed in should play their part. As much in their own Intareata as in those great messure to the feeling that of the people of Britain and the menace of foreign invasion of the Dominions they should do all our home markets had disappeared in their power to encourage the In spite of general
sral economic condi. | gradual recognition that the tions which had created such a post the Empire were then problems of economic problems of each part of tion as they saw in Australia, they the whole.