BANK S
HONG KONG AND SHANGHAI BANKING CORPORATION.
Authorised Capital
- $55,000,096 Issued and Fully Paid-up- $20,000,000 Bern Fundi im
flog
Silver
£ 6,800,000 $10,000,000
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA. Incorporated by Royal Charter, 1859.
HEAD OFFICE: LONDON.
Paid-up Capital
THE CHINA MAIL..
THE HO HONG BANK, LTD.
(Established 1917.)
HEAD OFFICE:-SINGAPORE. Hong Kong Branch: 19, Queen's Rd. C.
Renorve Fund.... Reservo Liability of Pro-
prietors
.£5,000,000
Reservo Liabilities of Shareholders. Surplus ***
Authorised Capital. Straits $20,000,000 .£9,000,000
Issued Capital
8,000,000 24,000,000 Paid-up Capital
4,000,000
4,000,000
2,520,000
AMOUR STAR
(Malay Katas)
AKHISAB
KUCHINO
MADHAR
MANILA
Kanerva Llability of Proprietors #20,000,000 HEAD OFFICE, HONG KONG.
DOARD OF DIRECTORS:-
Hoe, Mr. C. 0, 1, Mackis, Chairman,
Hon. Mr. J. 4. -Peterson, Deputy Chairman,
W, H. Bell, Laq. T. E. Pearos, Fag
A. Hi Compton, Esq. J. 3. Plummer, Faq
B. Lander Lewis, Paq, T. . R. Bhaw, Eaq.
0. Miskin, Esq.
J. F. Warren, Esq.
Obiel Stanut.
V. M. Grayburn, feq.
BRANCHJES:
LONDON
BANGKOK
BATAVIA
DOM HAY CALCUTTA CANTON CAWNPORE CEDU
CULOY NO
DAIREN (Day
South Kanthuṛla)
DELHI
HAIPHONG
ВАМПИЛО
MEDAN
NEW YORK
PEHING
PENANG
HANGGUN
and
Commerce
Finance
ROYAL COMMISSION & GOLD PRODUCTION
THE DOLE.
+
OF CANADA.
ANOT
BANGKOK
BATAVIA
BOMBAY
CALOUTTA
CANTON oakroo DOLOMBO
DAIREN
POONOW
ITATEKONO
HAMBURG
JANKOW
HABUIN
BINGKEW
ILOIL
BUL
JOHURE
KODE
KOWLOON
KLALA LUMPUR
LYONS
MANILA
CAR (Johor)
MURDEN
NADARAXI
NEW YOUK
PRIPINO
FLKANO
BANGOON
BAIOON
BAN VRANCISCO
KHANGHAI BINGAPORE
SOUMALAYA
JUNORI PATANI TIENTSIN
TOKYO
TRINOTAO
TUKOHAMA
Current Amount spend in Lacul Currency and Farid Deposita rucected for one gem of shatter portale in Local Currency and tog
wan buch will be quoted on application liung chung, February, 1991.
00
HONG KONG SAVINGS BANK.
The Davison of the above Bank la condust.
d by the HOKO RONG AND SHANGHAI BANKING CORPORATION.
abtaled a appřientibus.
Elsilay bu
FOR THE TONGKONG AND SHANGHAI
BANKING CORPORATION,
V. GRAYBURN,
Houg Kong. 10th July, 19
Billet Manger.
BANQUE DE L'INDO-CHINE.
HEAD OFFICE:
es, Boulevard Haussmann, Paris.
Subsribed Capital Fra. 72,000,000.00
BRANCHES:
Bangkok Hong Kong Quinton Battambang Hue
Agencies and Branches:
HANKOW
ПARBIN
(N. Magchurlu)
HONG KONG
ILOWA
1roli
KARACHI
KLANG
KONK
KUALA KANGSAR
(Perak P.M.9.)
KUALA LUMPU'A
SAILON
BEMARANG
SEREMBAN
BHANGHAI
HINGAPORE
RDURABAYA
TADINO (P.M,8,)
TAVOY
TIENISIN
TOKYO
PONOKAR (flbokat)
TSINGTAO
YOKOHAMA
ZAMBOANGA
Philippo Falanda)
Foreign Exchange and Gonorel Blanking business transacted.
Current Accounts opened and Fix- ed Deposits received for 1 year or ahorter periods at rates which will be quoted on application.
A. H. FERGUSON,
Manager. Hong Kong, 8th January, 1929.
THE NATIONAL CITY BANK
OF NEW YORK.
HEAD OFFICE: 55, Wall Street, New York.
Capital, Surplus and
Undivided Profits..U.S.$224,554,298
Branches in:-
ARGENTINE LONDON
BELGIUM
MEXICO
PANAMA
PERU
PHILIPPINE
ISLANDS
FORTO RICO
BRAZIL
CHILE
CHINA
COLOMBIA
CUBA
DOMINICAN
STRAITS
REPUBLIC
SETTLEMENTS
INDIA
URUGUAY
ITALY
JAPAN
VENEZUELA
Paid Up Capital... Fra. 68,400,000.00 Commercial and Travellers' Lettera B-serve Funds ....Fra.102,000,000,05 | of Credit, Travellers' Cheques, Ellis of Exchange and Cable Transfers Current accounta bought and sold. and Savings Bank accounts opened and Fixed Deposits in local and for- elga currencies taken
at rates that Tany be ascertained on application to the Bank.
Djibouti
cantho Mengtze Shanghai Canton
Kum-Dini Singapore Neumea Thanbea
Tientsin Peking Touranc Pnom-Penh vinh Pondicherry Yunnanfo BANKERS:
Port-Bayard Papecte
Balphong Hapkow
Henal
IN FRANCE: Comptote National d'Ercompte de Paris; Credit Lyonnais; Banque de Paris et des Pays-Bas; Credit Industriel et Confmercial; So ciete Generale.
IN LONDON: The National Pro- vincial & Union Bank of England, Ltd. Comptoir National d'Escompte de Puls; Credit Lyonnials.
IN NEW YORK: J. P. Morgan & Co. Fronch American Banking Cor poration; Guaranty Trust Co. of New
York.
Interest allowed on Current Ac- counts and Fixed Deposits according to arrangements.
Every description of Banking and Exchange Business transacted.
Safe Doposit Boxos to let
A. LECOT,
...
We are also able to offer our Cus- tomers the services of the Branches of the International Banking Corpora- tion in San Francisco and Spain and also of The National City Bank of New York (France), 9.A in Parla and Nice.
F. McD. COURTNEY,
Manager. Hong Kong, 20th February, 1881.
THE
AMERICAN EXPRESS COMPANY, INC.
Head Office: 85, Broadway, New York.
J
• Manager Hong Kong, lat May, 1929. •
Capital Surplus Reserves
THE YOKOHAMA SPECIE BANK,
LIMITED.
• Established 1880. Capital (fully paid-up) Yen 100,000,000 Reserve Fund
Yen 115,000,000
Hend OceYOKOHAMA,
Branches and Agencies at:
Nagoya
Alexandria
Batavin
Bombay
Calcutta
Canton
Changchun
Nowchwang
New York
Osaka
Polping Rangoon Dairen (Dalny)··· Rio de Janeiro
Pagtien (Mukden) Skikoa
Hamburg
Hankow
Harbin
Hong Kong Hopolala Kal Yuon Karachi Kobs.
London
(Temporarily
closed)
San Francisco
Seattle
Semarang Shanchal Shimonored Singapore Bourabaya
Los Angeles
Sydney
Lyons
Tientsin
Manila
Nagasaki
Tsingta
U.8.$8,000,000 U.9.$1,572,454
U.S.$1,908,209
BRANCHES:--
Kotterdam hiwap Athens
Gen.no
Glasgo
Nico Sapien
Basle
therlin
Biocrite
·Bombay
Irvinan
Karaos Hamburg flarre Interlake Janconian Lido
Pizz Paris
Faking Palermo
Botterdam
Bran
London
Bulos Alma
Liverpool
Cairo Calcutta
Lasserne
Lagano
Lastor
Marsellies
Monte Carlo Manila
Montrea
Jared
Dolombo
Donatas Linople
Copenhagen Edinburgh
Fornos
Blambout Chaqakai Southampion Бодирог SL. More
Tibia
العمالية
Iskolaza Zarish
Branches of American Ергени
Branches, Agencies and Correspon- denta in the principal cities of the world.
Every description of Banking and Exchange business transacted.
TAN ENG HOOL
Mannger.
NEDERLANDSCHE HANDEL- MAATSCHAPPIJ, N.V.
(NET KELLANDS TRADING SOCIETY;
DANKERS.
All Parties Share Responsibility.
ABNORMAL UNEMPLOYMENT.
Over 1,928,308 Ounces Made in 1929.
INCREASING YIELDS.
Canada ranked third among the The Royal Commission on Un-gold producing countries of the employment has lost no time in world in 1929. South Africa came deciding that ita, conclusions can-first with a production of 10,412- not possibly be drawn up by the 326 fine ounces and the United date originally fixed, but it has Stutes second with an output of settled down to its work with 2,128,000 ounces, The production
Canada will; and the delays, and what to in
from all
Bources some may appear the evasions, of amounted to 1,928,908 ounces. For
be the Government may com-several years now Canada has been. pensated by the thoroughness and a close competitor of the United the impartiality of the inquiry, States for second place. In the states the Financial News. It last nine years there has been а would be unfortunate, however, If decline of over 300,000 ounces in the evidence laid before the Com-the production of the United mission were used by the public States, while the production of only as a stick to beat the Gov- Canada has increased by more BRANCHES :- Dendjwmado, Bandoeng", Bombay
ernment.
| than 1,000,000 ounces. Caliste, Cheriton, Djember. Ezek jakarta”, The Bagus", Jodiak, Kobe, Successive Governments since Kota Dedja, Kaknesss, Media, Faden |
Auriferous quartz mining Falembang
the War have repentedly found the largest source of gold recover Fakher Pontianak Thangoon
themselves faced with unemployed in Canada in 1929. The copper Samarsug* Shanghai Albatro (Somatra), Singapur
stament larger than that which gold-silver mining industry Boersharts (Rolo), Tegal, Tillip and
Established 1831.
Hong Kong Oos-Ii, Queen's Boad Cenical.
Authorland Capital
Pall-Up Captial
Sacerra Fund
Gulldem 150,000,000. (11,800,000.) Quilders 80,080,000 (0,800.370) Gulidere 60,918,000 {£3,194,687 |
Head Ofori-AMSTERDAM” Eaters Hand Oftos :-BATAVIA.
Weltevreden.
• Those ofons hava safe depoali bozma in lut. London Baskar:-National Provincial Bank Ltd. Corpondante all over the world Ranking buslose of stary Jaseription tramanṛtad.
A. STOXKINK.
Kotleg Mabeger
Hong Kong, 4 August, 1990,
THE BANK OF CHINA,
行跟國中
Reorganised October 20, 1928, undur
special charter of The National Gov. erament as an
INTERNATIONAL EXCHANGE
BANK.
Subscribed Capital....$25,000,000.00 Poid-Up Capital Raserve Funds
$21,710,200.00 ..$ 3,820,503.82
HEAD OFFICE: SHANGHAI,
HONG KONG BRANCH: 1. Queen's Road Central.
Owing to our numerous branches in China and large connections in the important commercial contres of the world, we are able to extend to our clients special facilities for domesti and foreign banking and' Exchanges.
We also handle the issue of Bonds and other Publie funds of the Chin- ese Government both 41 home nno abroad
SHOU J. CHEN,
Hong Kong, 5th March. 1930.
Manager
THE BANK OF CANTON, LTD. Established 1912.
WOR
came
would be financed out of the in- second in this regard and alluvial. įsurance fund; and in the hops (of mining third. The fine gold con-
which even members of the Citytained in crude bullion made by! cannot plead innocenco) that bet-the gold mines during the year
Lian Roth and Reginald' Denny, two reasons for in- terest in the M. G. M. Film "Madam Satan.”
amounted to 1,679,797 fine ounces. There were 98,718 fine ounces ob- tained from blister copper and base bullion made at Canadian smelters from Canadian ores, while 113,452 fine ounces were recovered from ores, while 118,452 fine recovered from were ouncea ores, matte and concentrates exported to foreign smelters. The yield of alluvial gold was 40,837 ounces and 3,504 fine ounces were obtained
sources.
from. miscellaneous
Eighty-five Canadian auriferous quartz mines made returns to the Dominion Bureau of Statistics for 1929. Of these, 38 produced bul. lion or shipped area while 47 car- ried on development work only. In Nova Scotia three mines produced gold. In Quebec gold was recover ed from two properties in the north-western part of the province. In Ontario the two chief centres, were the Kirkland Lake and Por cupine camps, while there was de velopment work done in the Red Lake district and prospecting in the Patricia and western Ontario districts. In Manitoba one mine produced gold. In British Colum- bia there were three principal pro- ducers, while several other mines at the development stage shipped some ore.
ter times lay just ahead, they have The copper gold-silver mining made temporary arrangements to industry comprises group of meet what ali believed to be amines producing ores containing temporary condition. "Uncoven-copper, gold and silver with zinc anted," "Extended" and "Traust-often a common constituent, while tional" benefit oach bears in its copper is the predominant value in
RA NOSE-
very name the mark of an expedí- the ore. There are active develop- Canton, Bhanghai, Baskom, Brent.
ments in this industry in. Quebec Bangkok, New York sad San Vennetzes
CORRESPONDENTR
Head Office:-Hong Kong.
Antherland Capital (IX. Carney) $11,000,000 Paid-up Capital
8,505,800 Reserve Fund
1,000,000
LONDON DANKERS » -
The Lloyd's Bank, Limited
Is all principal miles of the World.
Fordgu aschange and banking burizam za Kvary Čascription, tranenstad.
Bale Deposit Boxes (storan sizes) as y
estal of Trom 15 to $10,
LOOK POONG SHAN,
Chief Manager
THE BANK OF TAIWAN, LTD. (TAIWAN GINKO.) HEAD OFFICE:-Talpeh, Formosa. Incorporated by Special Imperial Charter, 1899.
1
Central Bank in Famosa,
Such makeshifts might have and in British Columbia with continued indefnitely had not the some shipments from Ontario. depression burst some eighteen Two large copper-zinc deposits in months ago. When it did burst it northwest Manitoba Bre being intensified the burden; but (and rapidly developed, and the pro- this is often forgotten)-It showed perties equipped with modern
also that the conditions which metallurgical plants. Noranda is were previously considered so ab- the centre of the industry in normal as to justify admittedly | Quebec, and the Ontario shipments unsatisfactory measures were, in came chiefly from Sudbury. There four large producers in fact, conditions of at least normal were prosperity.
British Columbia.
Alluvial gold mining is carried in in the Yukon district and the province of British Columbia,
Living Beyond Means. Since as a nation we have a ain-on cere dislike of living beyond our
Company in Principal cities of Un Bank-Boise tatuad, Average amount Yen 15,000,000 incans, the revolations of the Inst In the Yukon only one company |
ed States of America and Canada.
All classes of Commercial Banking FORMOSA 1="Diem) | Kag Transactions undertaken.
Personal handled
investment
ravellers may bere
accounts
tending
the use of its "Travelers Cheques and Letters of Credit and
in addition, the world-wide services of its thoroughly equipped Travel De- partment.
Afiliated with
Intereat allowed or Current Ac THE CHASE NATIONAL BANK
Cuania,
Deposite received for fixed perioda
at rates to be obtained on applica
H. MORI,
Manager.
Hong Kong. March 24, 1991.
Resources
„Over G$9,500,000,000
C. H. DENSON,
MEERger,
THE BANK OF EAST ASIA, LTD.
Established 1918,
HEAD OFFICE;
-10, Des Voeux Road, Central,
Capital and Surplus
Total Resources
HONG KONG
· over · H.S- 8,000,000.00
K over HL$30,000,000.00.
Every description of Banking and Exchange business transacted.
Current and Fixed Deposit Accounts in local and for
elgü currencles opened; for, ollente, pa b
Savings Account and Safe Deposit Boxes
Branches and Agencia gall guer, the world
KAN TONG PO,
BRANCHES AND AGENCIES. TAPAN-Tokyo, Tokokasia, Kobe, Osaka.
Karenko, Kasking.
Taka, Zamani, Ton, Halo, Faiza CHINA Thanghai, Hankow, Amoy
Uwalow, Dani00. OTHERS - Zong Blagepere,, Boerabaya,
Bemarang Bajara, Bombay, London, New York, Daire.
LONDON BANKEES,
year and a half have been discon- certing. The present Royal Com-
was actively engaged though many Individual placer miners were
FRIDAY, MARCH 27, 1931.
Overland China Mail.
A WEEK'S PAPERS IN ONE.
Interesting comment on methods of land valuation in the Colony were made by Mr. Justice Wood when delivering Judgment in a case in which a bank was sued for damages for alleged wrongful sale of property under a mortgage deed. It was claimed that the premises had been sold at grossly under-value. His Lordship, in the course of his Judgment, stated that valuers called as witnesses for the defence had not taken into account any variation in the purchasing power of money in the Colony over different · periods. He awarded $42,000 damages. A complete report of the statement appears in the OVERLAND CHINA MAIL.
*
The question of the Colony's jurisdiction in cases of piracy was the subject of legal argument during the week, in connection with the trial in which a Lower Court had found twelve men gulity of piracy of Pedro Blanço in January this year. In the course of the pleadings, it was stated that the case was one "unprecedented" in the Colony. The OVERLAND CHINA MAIL contains full details.
*
*
#
Disquieting statements as to the tangible, Increase in the spread of cancer were made in the course of an address to Rotarians by. Dr. J. H. Montgomery. The talk dwelt in part with the radium treatment of disease, and is fully re- ported in the OVERLAND CHINA MAIL,
* *
Activities amongst local schools, including the Central British School Sports, the St. Stephen's College Sports, and the prize distribution at St. Joseph's College, are also chronicled in the OVERLAND CHINA MAIL.
In the sports world, a minor sensation has been the suspension from Lengue activities for an indefinite period of the Ewo F.C. At the same meeting the Hong Kong F.A. Council decided to request the Royal Artillery second eleven to resign from the League..
*
*
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.
Letter to relatives and friends in] tía, and Canada testify to the kean other parts of the world frequently pleasure and interest its 'weekly fall to be written even by the most arrival brings. ardent correspondents. It is a
For your folks at Home to re-
·kindly thought, therefore, to ensure)ceive this weekly budget, or to keep that those away from the Colony, yourself posted with affaire during or folks at Home, should have an your absence, all that you have to unfailing supply of Hong Kong do is to drop a note to the “Overs and Chinese nows every week—by|land China Mail" means of a subscription to the "Overland China Mail"
The word "Overland” ie a re- minder of the experience behind the Without any trouble" of parking production, having been publish- and worrying about the Post Office ed since the early days of the on your part, and at the cost onis Colony, to be sent OVERLAND of #4 for three months, the because there was no Sues Canal, "Overland China Mall" will be and that was the quickest route sent Home for you every week, by which to get mall Home: `In catching the mail regularly. If the march of time the "Overland contains the news and special
features from the daily "China China Meil" has become the most popular weekly nowa budget, da it Mail" that make a studied appeal has been compiled just to suit to
people with any interest present-day raquirements, as it has watesaver in Hong Kong, and done all along. What mons could many letters from Home, Austra-be desired!
READY NOW.
Mail via Suez closes at 10.30 a.m., March 28.
SINGLE COPY
25 Cente.
(Sold on the streets and at the bookstalls or you, can send your subscription to the ofice--EK. $18 per aRKEN, OF
4
$16 including postage abroad. Half-yearly
or quarterly perioda pro rata.j
No, 1A, WYNDHAM STREET--PHONE 20022,
THE OVERLAND CHINA MAIL.”
CABLE RECEIPTS.
RETURNS OF IMPERIAL COMMUNICATIONS.
SILK SHIPMENT.
NINETEEN DAYS IN TRANSIT TO NEW YORK.
on
Akong Manis Kanchiky, Telebu, feines, mission, therefore, is one of the working on their claims during the Poochaw. Dlost important which has been year. Gold dredges were operated called since the War-provided by only one company, but consider-
We are informed by the local Silk forwarded from Hong Kong Clean, that the country and Parliament able prospecting was reported.
The principal placer camps of office of the Eastern Extension by the a.e. Empress of Canada on recognise in it an opportunity for The London County Wasitals and Far's Bank curing an ill for which all poll British Columbia are in the Atlin Australasia and China Telegraph March 6 arrived in New York (St.
and Cariboo districts. Some gold Company, Ltd., that the estimated John's Park) and Hoboken" Comment. Candras through the world.
The Bank has Dornepoodania in all the principal tical parties must share the res with stream. platinum is recovered traffic receipts of the Imperial March 24, having been 18 days in
ponsibility, and do not merely look from the Tulameen and Simil- and International Communications, transit on it as a rich source of political kameen Rivers. During the season Ltd., for February totalled capital. It must be emphasised that a small percentage of unem ployment is not necessarily an un- healthy sign. It is only when the pool becomes stagnant water,
K. NAQURA
HONG KONG BRANOM,
14. Dan Yaz Band Outral Hong Kong, 18h January, 199
Иллар
COASTWISE
ALGIE" BENNETT.
An interesting book of Cartoons depicting "Happenings" on the China Coast
PRICE $1.00.
How on sale at
BREWERS WHITEAWAY, LAIDLAW EXCELSIOR BOOK STORE-
and at the Publishers
as com-
of 1929 there was considerable ac- £390,461, and the receipts for the February were $808,369 tivity among the placer miners and same period £460,052 The aggrepared with £979,687 for the corres
number of properties gave pro-gate receipts for January and ponding period of last year. mise of becoming producers of some size.
rather than a reservoir which is constantly being drawn on and constantly replenished, that udem- insurance fund, when contribu ployment becomes a real social and tions must either be increased or industrial evil,
benefits must be reduced; or is Thus it is entirely desirable the State frankly to take over the that an insurance provision should {lability" (and the debts) beyond be made against a normal condi- the fund's own: capacity, when tion which involves temporary loss taxation must be Increased?
A of earning power; and since em- a corollary of the second there is ployers, workers, and the State, a further question. cach.benefit from the existence of If the State were to take over i mobile pool of available-labour the whole Bability, would it be which is not also a pool of mal-wise to exact some form of work contents, it is only just that each from those whom it is supporting, should share in, the cost. By in order that the expenditure now, however, the fund is hope might not be entirely unremunera- lessly in debt to the State through tiva; and, if so, at what rates is the necessity of repeated, borrow, that work to be paid and how is ing to confer the uninsured bane- If to be allocated so that the rest fits which Parliament has award, of Industry, and the normal labour {ediated SNACK
market are not thrown out of - Whole Liability, She fear? These ares, questions which The essential points which the each oftizen: - must earnestlý con- Commission has to consider, there sider for himself with nach zeste" fore, are simple: -> Is unemploy= tance as he can gather from the ment to be financed out of its own proceedings of the Commission"
the