Page
HONG KONG AND SHANGHAI BANKING CORPORATION.
Authorised Capital
59,00G, BOK
Daund gad Fully Paid up ... $20,000,000 Bosnove Fanda
Sto-ling
Matver
Blability of Pipprietors ... $20,000,000.
HEAD OFFICE: HONG KONG.
NARD OF DIRECTORRI
J. A
gamer. Yuq.
Hon. Mr. C., 5. Mackin.
Deputy Chadema.
W. B. KR.
Ilen. Br. 3.
A. Guan Eng, T. 2. Peirce, Yog
Paterson
H.. Lunter Lowie. Eng.T. II. R. Shawy Puf
✪ Miskin, Eng.
AMOX
MANGKOK
BATAVIA
BOMUAT
CALCUTTA
CANTON
CHEFOO
COLOMBO
J. Warrey, Eng.
Chlef Manager.
V. M. Grayburid, Eve
BRANCHES
LONDON
LYONS
MALACIA
MANILA
Stuart (Joligend
MTRUEN
NAGASARI
NEW YORK
PSITING
PESANO BASADON
hasis
SAN FRANCISCO
BIANCAI
VAIKEN FOOCHOW ILATIONO
LAMBURG
ILANKOW
HABEN
HONGKEW
ALOLO
SUNORI PATANL TIENTSIN
TOKYO
TSINGTAO
IPOU
SUNE
KOW LABON
KUALA LUMPUR
SINGAPURE
SOURABAYA
YOKOHAMA
Current Arrunta opposted in Local Currency Find Dupont recaned tur one year or sburtur periods in Loral Cuneary Bad Setting on terms which will be quoted in application.
ong Kong, 14 April, 1990,
HONG KONG SAVINGS BANK.
The Bult of the abne Hank in coluet- by the HONG KONG AND SANORAL BANKING CORPOBATION, Mulas may be obland var application.
FOR THE HONGKONG AND, SHÄNOHAL BANKING CORPOUATION,
4. 5. GRAYBURN,
Chief Manager,
1tung. 16, July, 1950
NEDERLANDSCHE HANDEL- MAATSCHAPPIJ, N.V.
(NETHERLANDS TRADING SOCIETY) DANKERS,
Established 1924. Hong Kong Offer:-17,, Queen's Road Centrni, Authorised Capital taldera 150,000,000- $12,500,000.) Puidig Capital (falder 0.00 [43,860,170) Beer Fund
........................... Builders 0,015,300 (CNR33) trad. Ufice:-AMSTECHDAM* Hastern end fe:-BATAVIA, BRANCHEN-Êndermasin, Bandorng", Bombay, Calcutta, Cherlion, Djembe, Dick jakarta, The lingue", Jeddah, Kobe, Ken-Raja Makovode, Medan, Padnog Palembang, Pekalongas, Pesug Poulan Rangoon, Rotterdani”, S
Sibolga Shangal. (Somnia). Klugapore. Sanirahan, Soerakarta (Solo), Tegal, Tjilalap and WeltevredenTM
Those offers have sale deposit hoger to let. London Beaters; —Nathanni Provincial Bank Ltd,
Correspondents all over the worki
Keeling im ste of tety
description tanikesed."
A. SYOKKINK.
Arting Dinngåt.
Hong Kong, 18th Auguel, 1950.
BANQUE DE L'INDO-CHINE
HEAD OFFICE:
96, Boulevard Haussmann, d'arís.
Subscribed Capital Frs. 72,000,000.00 Paid-Up Capital...Frs. 68,400,000.00 Reserve Funds ....Frs.102,000,000.00
BRANCHES:
Bangkok Hong Kong Quinton Battambang Hue Saigon
Cantho Mengtze Shanghai Canton Nam-Diak Singapore Djibouti -Neamea Thanaca Fort-Bayard Papeete Tientsin Peking Tourane Pnom Penh Vinh Pondicherry Yunnanfu BANKERS:
Haiphong Hankow Καποδ
IN FRANCE: Comptoir National d'Escompte de Paris; Credit Lyonnais; Banque de Paris et des Pays-Bas; Credit Industriel et Commercial; So- ciete Generale.
IN LONDON: The National Pro-
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA. Incorporated by Royal Charter, 1863.
HEAD OFFICE: LONDON.
Paid-up Capital
Reserve Liablity of Pro-
£3,000,000
£4,000,000
..23,000,000
Agencies and Branches;
Reserve Fund
prietors
ALOR STAR
(Malay Stolen) 4
AMBRESAR
JADRAS
BANGKOK
MANILA
MEPAN
BATAYSA
ELAY
CALCUTTA BANTUN GAWSTORE-
COLOMBO
DALHEN (Dalny
South Matchsti
DELIN
HAIPHONG HAMBURG HANKOW
HARDIN
CS, Manchuria)
HONG KONU
16U/LO
KARACHI
SLANG
KOME
KUALA KANGSAR
KUALA LUMPUN · KUCHISO
NEW YORK PERING PENANG
PESHAWAR RANGON SALDOR SEMAHANO
BEREMDAS
SHANGHAI
HINGAPORE
SOURABAYA
TAIPING (F.MK) TAVOT
TIEŞISIN
TOKYO
TONGKAI (Phuket)
TSINGTAO
YOKOHAMA
ZAMBOANGA
(Philippine Talender
and General
(Per P.M.B.) Foreign Exchange' Banking business transacted.
Current Accounts opened and Fix. ed Deposits received for 1 year or which will shorter periods at rates be quoted on application.
A. H. FERGUSON;
Manager. Hong Kong, 8th January, 1929.
THE CHINA MAIL.
and
Commerce
Finance
ANOTHER £265,000 FOR FRANCE. IN
Switzerland's New Currency Law.
As it is a generally understood thing that on four of the six work- ing days of the week France wil take something over £200,000 from
railways, the Customa authorities. Post Office and other services, are | called upon to return for exchange and destruction all dirty or defaced notea, and the other banks also act As collecting agencies in this respect, it may be expected that the old notes will not remain over lang in evidence.
STANDARD COIN.
the Bank of England, interest each ¦ REMARKABLE SUGGESTION TO day merely centres in the actual
amount
withdrawn.
THE HO HONG BANK, LTD. a change.
Authorised
Issued
Paid-up
Yesterday's
RELIEVE SITUATION,
quota was around £265,000 and in-
A London correspondent writes: creased the total shipped to Paris I hear that the world shortage of since the beginning of the year to gold and the general contempt approximately £17,500,000, says the for silver, especially in the Far Financial Times of July 21. This East and Indin, which has drop.. amount is, of course, about 50 perped the price of that commodity cent. of the total exports from Great to unheard of depths, have inspir. Britain and Ireland since the begin ed rather a remarkable augges. ning of the current year, Germany tion. This is that the leading having taken some £12,080,000, Powers should agree to mini a The French frane, by way new standard coinage, to be made moved a few of gold and silver mixed, with centimes in favour of London an internationally exchangeable yesterday, but
sufficient unit not
of the denomination and to preclude French shippers from value of a shilling. Straits $20,000,000 taking the bulk £764,000 of Cape
Quite a 8,000,000 gold which will
avail-6nancial authorities in Britain, 4,000,000 able in the open market to America, and Germany have ex
which they will pressed approval of the idea, 4,000,000 day and for
pay 2,520,000 doubtless
4 high price. though the banks, as a whole, are There is as yet no indication that not Impressed. Supporters of the the gold stream to Paris is to bo suggestion believe it would tend stemmed, and the absence of any to solve many problems and difi- gesture from the French authorities culties, and relieve the financia:
situation in many ways. is causing anxiety,
(Established 1917.)
CAPITAL:
Reserve Liabilities of Shureholders. Surplus
་
HEAD OFFICE:-SINGAPORE. Branches, Agencies and Correspon dents in the principal elties of the world.
Every description of Banking and Exchange business transacted.
TAN ENG HOOL,
Manager.
be
It is as well that capaelty of refiners is limited, otherwise the daily withdrawals from our central institution would be larger. Not content with taking the metal from AMERICAN EXPRESS COMPANY, London, France is making inroads
THE
INC.
Head Office: 65. Broadway, New York.
U.S.$6,000,000 U.S.$1,572,454 .U.S.$1,908,209
Capita! Surplus Reserves
BRANCHES:-
Ganda
Nico Naples PigAQUE Paria
Amalecar Aolwery Albon
151
Berlia
Biarrit
Therabay
Hromati
Brussele
Buton Airen Calro
Calcufia
Chade Caloerbe
filasgow JIUTAJA limitars
Harto Katerinken Jurnalım Lio Loodan
Liverpool
Lucerne
Lugend
Lujor
Marle
ConnianHasple Monte Carlo
Copenhagen
Edinburgh
Florence
Genera
Manila
Muntuk Montreux
Stilan
lynnnig Lektug Pirm Kotterdam Reno Starbond Fuangbal Southampton Singapore St. Moritz Tantsia
Viune..
Verice Yokohama Zurlch
American Branches of
Express Company in Principal cities of Unit- ed States of America and Canada.
All classes of Commercial Transactions undertaken.
Personal Investment
handied
on the metallic reserves of other countries. We have already refer red here to the shipments arranged or contemplated from America and Holland, and it is expected that Ger- many will be the next to disgorge gold to Paris.
1
number of eminent
SOUTH AFRICAN TRADE.
Crewe,
East London, July 25. Brigadier-General Sir Charles A former Secretary of Agriculture, in addressing the Federated Chamber of Industries to-day, referred to Lord Selborne's warning in his speech at the an- nual meeting of the Standard Bank of South Africa in London -en Wednesday. He declared that in Small wonder, then, that the City one way. South Africa would not and the ordinary man in the street be suffering 80 acutely if it had a is not impressed by the statements Government and people who realis that "the shipments are neither en- | eď that South Africa could not couraged nor viewed with favour" sell large quantities of goods in a by the French authorities: Equally, it is not surprising to hear comment upon the apparent total absence of that co-operation between the Bank of France and our own central in- stitution which is obvious with the smaller central banks.
Hungarian Loan. Rumours were current in certain quarters yesterday that the Hun- garian Loan will be issued in a few days. No confirmation of these re- Banking ports could be obtained, and as it
had been stated previously that, in accounts view of the advanced season and un- favourable market conditions, the loan would be postponed until the The Company offers to intending autumn, the rumours should be Travellers the use of its "Travelers treated with reserve. Cheques" and Letters of Credit and,
Affiliated with
·
in addition, the world-wide services There are many would-be borrow- of its thoroughly equipped, Travel De-ers in the offing, but the recent partment.
failure of the Austrian issue, to- gether with the heavy discount rul- ing on the German Reparations Loan, Indicates that such issue are out of favour at the moment and other borrowers are doubtless chary of courting failure.
THE CHASE NATIONAL BANK Resources Over G$2,500,000,000
E. W. DUGGAN,
Manager.
The new currency law, involving the reduction of the size and weight of the silver five-franc piece, has
vincial & Union Bank of England, THE BANK OF TAIWAN, LTD. now been approved by the Swiss
Ltd.; Comptoir National d'Escompte
de Paris: Credit Lyonnais
IN NEW YORK: J. P. Morgan & Co.; French American Banking Cor poration; Guaranty Trust Co. York.
New
Interest allowed on Current Ac counts and Fixed Deposits according to arrangements.
Every description of Banking and Exchange Business transacted.
Safe Deposit Boxes to let
A. LECOT,
Manager.
Hong Kong, at 'May, 1929.
THE YOKOHAMA SPECIE BANK,
* LIMITED.
Established 1880.
Capital (fully paid-up) Yen 300,000,000 Reserve Fund........Yen 113,600,000 Head OceYOKOHAMA. Branches" "and Agencies at:
Nagoya Nowchwang Now York Osaka
Alexandria
Batavia Bombay Buenos Aires
(Temporarily closed). Calcutta
Canton
Changchan
Dairen (Delay)
Peking Rangoon Rio de Janeiro Salgoa
San Francisco
"Fongtien (Mulden) Seattle
*Hamburg
Hankow
Harbin
Hong Kong
Honolulu
KaiYuen Karachi
Koba
London⠀⠀
Los Angeles
Lyons
Manila
Nagunki
Bomarang
Shanchal
Shimonosed
Singapore Sobrabaya Sydney Tiontain-- Tokyo' Telnantu Tsingtan
Vladivostock
(Temporarily closed)
Interest allowed or Current
(TAIWAN GINKO.),
HEAD OFFICE:-Taipeh, Formosa. Incorporated by Special Imperial Charter, 1899,
Federal Counell, and will be placed before the Federal Parliament for consideration and approval at the autumn. session. While proposing the reduction of the diameter of this unwieldy coin from its present
Contenă. Basa in Termoen.
DRANOKRE ·AND AGENCIES:
millimetres and its weight from 25 SAPA K 1– Tokyo, Yokohama, Tobe, Dais FORMOSA pundžiņas,
Lestany, to 15 grammes, the Federal Council Kabong Kato, Elnakiku, Taichu, Tataan, Takna
accompany their recommendations Hallo, Taiso.
Amy, Fouchow, with an interesting expose of the
Bank-Rod Average ateist Tea, .000.com measurement of 37 millimetres to 31
Sexto, Carson.
OTH FRA Hong Long Mugapore, Bortabapast history of the Swiss currency,
A
Bemarang Batava. Bebay,
London, New York Dairen.
LONDON BANKSES)_
Ülke
and deal in particular with the rea-
The London County Westminalne and Pary's Bask. Bous, which decided the maintenance
"The Bank has Corremundesto fall
pris
pal Commeris? Canions · Shringhout the world.
·E. NAGPURA
HONG ‘KONG' BRANCH,
108, Lua, Voraz „Bend“Centrel Hong Kong, 19th January, Tall
THE BANK OF CHINA. 行銀國中
of silver as the metal to be used for the divisional currency.
The Swiss 20-franc note, which, anlike the notes of superior, de- nomination, is printed in Switzer- land and not in Great Britain, into be altered somewhat in the rear future. The new notes will be slightly smaller, and consequently more handy than the previous issues, and will bear on the front. the portrait of Heinrich Pestalozzi, whose contenary was celebrated in Switzerland in 1927. The existing 20-franç notes will remain is cir- culation and retain full and perman- $25,000,000.00 ent validity, but as not only the $24,710,200.00 offices of the bank itself but the .$ 3,820,503.82
HEAD OFFICE: SHANGHAL
Reorganised October 26, 1928, under special charter of The National Gor-
ernment as 'na....
INTERNATIONAL EXCHANGE
DANK.
Subscribed Capital Pald-Up Capital Reserve Funds
HONG KONG BRANCH:
4, Queen's" "Road Central,"
Owing to our, numerous; branches In China and large connections in the Important commercial centres Lof- the world; we are able to extend to our aliente special facilities "for desteátie and foreign banking and exchanges,
We also handles the Issue of Bonds
osits received for. Bized periods and other? Public Funds of the Chin rates to be obtained on anpolica. ese, Government” bóth a at home - kn
abroad.ja
H. HORI
1980.
SHOUWJN CHENGE
NAR Manager, ong8th March, 1980
THE BANK OF CANTON, LTD-
Established 1912.)
Head Omcat-Hong Kong. Anthorised Capital (15.K. Carency) 31,000,000 Paid-Up Capital 00000 Reserve Fand
1,000,000 SADRANCHES AN
Canton. Shaagimi,;. Emokowi - Burlow, Bangkok, New York and, Ban Wrabalo. "C"LONDON, DANKERS 199
The Lord's 'Banker Limited.
CORRESPONDENTS
principal eilles of the World,
Forsign", exchange - and - banking:' business" ol. artly. Incription tramascles, KENAIKA
835 Bals Deport: Boden (various Blame) at a jourly,
LOCK POONG SHAN
"Manager,
market which the country was en- deavouring to boycott or treat with contempt.
BANK DIVIDEND.
YOKOHAMA SPECIE
BANK
The local branch of the' Yoko- homa Specle Bank is in receipt of a cablegram from Its head office to the affect that at the 101st half-{ yearly ordinary general meeting of the shareholders, held at the head office at Yokohama, on the | 10th inst, a net pront of Yen 13,353,666,83 was shown including -Yon 6,231,848.06 carried, over from last account. It was 'resolved to make the following allocations: Reserve Fund .......2,000,000.00 Dividend of 10 per cerit. p.n. (for the half-year ended Juno 30 1930)
To be carried for- ward to next ac- -count.
5,000.000.00
6,353,666.89
HARVARD 'VARSITY,
RESEARCH INTO BUSINESS PROBLEMS.
New York, July 12. A new academic foundation for the purpose of promoting scholar- ly and scientific research into problems of business has been organised with the united support of 200 business leaders, including Morgan, Mr. Otto Kahn, Mr. Mr. Andrew Mellon, Mr. J. P.
Adolph Ochs, Mr. Owen Young, and Mr. Gordon Selfridge. Each of the 200 has pledged himself to give $1,000 (about £200) annual- ly to the support of the founda- tion, which will be associated with the Harvard Business School.
The work of the School, al- though of great importance ano significance, hitherto has had to be conducted without any endow. ment, relying wholly on gifts. Research work, costing on ли average about $3,000 a week, has been carried out on the
same hand-to-mouth system of
financing.
The new foundation
will be on a more secure basis.
"
UNCLAIMED TELEGRAMS.
THE GREAT NORTHERN TELEGRAPH CO., LTD., OF DENMARK.
Sir Charles emphasised that he did not believe in Empire Free Trade as such, but what they could hope for was Imperia! tarif preferences between the Domin- The following unclaimed tele-
is lying lons and Great Britain and among gram
at the office of Ad- the
Groat Northern Telegraph the Dominions themselves.
of dressing the president of the Company (Limited)
Den. Federated Chamber of Industries, mark:-- who is proceeding to Rhodesis, Yamaguchi, from Osaka. Sir Charles said: "Tell the people of Rhodesia that ye are not all Republicans in the Union and they are not all opposed to a preferen. tial tariff within the Empire."
U.S. TREASURY, BILLS.
Washington, Yesterday. Mr. Andrew Mellon has called in for redemption over a billion dollars of outstanding Treasury Billa, bearing three and a half per cent. Interest, as the latest Issue will only bear two and three- eighths per cent.-Reator's Ameri- ean Service.
E. V. JESSEN,
Superintendent. Hong Kong, September 10, 1930.
THE EASTERN EXTENSION AUSTRALASIA & CHINA TELEGRAPH CO., LTD.
The following unclaimed tele- gram is lying at the E.E. Tele. graph Co. Office, Hong Kong:
Cradles, from Hanoi.
S. LACE,
Superintendent,
Hong Kong, September 4, 1930.
Testing Time!
Can you stand the Test of the
Hot Damp Days?
Or do they weaken and depress you, leaving you enervated and fit for nothing?
If the latter is the case, auch misery is unnecessary. →It simply means that your blood has become thin and
Impoverished. You require a reliable blood and nerve. tonic to tone up the blood and strengthen the nerves. All over the world women and, men have long known the remedy that fulfla all its claims as "An etiricher of the blood and a restorer of energy and vitalityr: Take
Dr. Williams' "Pink -Pills
It Coats so little to Test them.
Suffer?
THURSDAY, SEPTEMBER 11, 1930.
BATHING COSTUME :
Viking,
Hollywood,
Ocean,
etc., etc.
THE BAKILLY CO., LTD.
153-155, Des Voeux Road Central
ILLUSTRATED!
ILLUSTRATED II
ILLUSTRATED !!!
SPECIAL COLOURED SUPPLEMENT with PICTURES of all local events
is given free in the OVERLAND
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A WEEK'S PAPERS IN ONE.
LOCAL NEWS,
CHINESE NEWS. and all the NEWS. The Weekly paper that saver you the trouble of writing Home.
That activities of pirates still continue is indicated in a message from the captain of the British steamer, Hong Peng, owned in Singapore. The caplain radioed to local agents that he had suspects aboard, and it is believed that they are being held In irons until the ship's arrival in Hong Kong. The OVERLAND CHINA MAIL carries a complete and last-minute report.
:
Interesting rulings by the Hong Kong Government as to the conduct of race sweeps in the Colony, are also featured in the OVERLAND CHINA MAIL.
The OVERLAND CHINA MAIL; in addition, contains a report of a simple but impressive ceremony at St. Paul's Hospital, when a Memorial Tablet was unveiled in honour of Dr. J. C. Dalmahoy Allan. It was announced at the same time that a bed had been endowed in the hospital by friends, "to carry on his sterling work in perpetuity."
An account of the opening of the new Ying Wa Girls' School by Mr. W. W. Hornell, C.I.E., M.A., Vice-Chancellor of Hong Kong University, is another feature of the current issue of the OVERLAND CHINA MAIL.
Sport of all kinds are dealt with in the OVERLAND CHINA MAIL, which contains cabled accounts of the Inter- port bowls matches in Shanghai, in addition to full reports of occurrences in the local sporting world.
There is no phase of the life of the Colony or of Chipa that does not receive attention in the OVERLAND CHINA MAIL the weekly paper that YOU MUST ORDER NOW.
Letters to relatives and friends in lia, and Canada testify to the keen other parts of the world frequently pleasure and interest its weekly fail to be written even by the most arrival brings,
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and Chinees news every work-by means of a subscription to theminder of the experience behind the The word "Overland" is a re- "Overland China Mail.”
production, it having been publisk- Without any trouble of packingjad since the early days of the and worrying about the Post Office Colony, to be sent OVERLAND on 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 routé "Overland China Mail" will be by which to get mail Home. In sent Home for you every week, the march of time the Overland catching the mail regularly. China Mail" has become the only contains just the news, features weekly news budget schich has a ant pictures from the daily "Chinaj coloured pictorial supplement with All" that make a studied appeal local photographs. It is made just people with GRU interest to suit requirements, as it has done. whatsoever in Hong Kong, and all along. What more could be many letters from Home, Austra-} desired?
#
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