}

2

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION.

Author and Capitul Parkas pakalp$56,000,000 Testing Pully Paid-up *... $30,000,000

fleur FoTÁN 3 --

zing..... 0,0),000 Livet.......... 101,300,000

Burr lability of Propeleia: $30,000,00

DEAD TICK: HONG KONG,

BOARD OF DIRECTORS

1. Mr. C. 7. 8. Markin, Chaleman.

Bem. Mr. J. J. Paternon, Deputy Chairman,

1. Foll, Ener-

T. Pearce,

Ext.

3. A. Plummer. Esq.

A. 1. Centras, Eng. J.

B. Lander Lewis, Blog,

G

Mhkin, Pag

AMDT

PANOKOX

BATAVIA

BOMBAY

II. B. Rhaw, Eaq.

J. P. Warren. Pag-

Chint Manager.

V. M. Gray burst, E63.

CALCUTTA

BRANCHES:-

LONDON

FSHAT

MANILA

MALAGCA

MHAR (abura)

BURDEN

NASABARI

COLOMER

NEW YORK

PEANNO

CANTON

CHLEPOG

DAIRES TOUCHUN HAIPHONG 203425:2443

HANKOW

HABBIN

PONEREW

144.0

Jullune

ROBE

KOWLOON

14 SPOR

VESASU

HA SOODS

KABHIN

SAN FRANCISCU

SHANGILIAL

SINGAPORE

SOPHADATA

SEXUEL PATANI VIESIAN

7510

ASINGBAD

VUABLAMA

וריום

KIALA Current Acounte opened to Lonel Carratrs de opens feroid fur nom aburkar petenda kl. Sawal Creemany and Sterling te which will be quoted an appokratinia thom, 208 February. tut."

HONG KONG SAVINGS BANK.

The sad thin aluze bask in rundoet. by Alar HONG BONG AND SHANGHAI Rules may he BANKING CORPORATION,

bald application.

FOR THE ONGSONG AND SILANQIAL RANKING POTPORATION.

V. M. GRAYHIN.

ilona Bot. 16th July. 1930,

Chlef Muungeti

BANQUE DE L'INDO-CHINE.

HEAD OFFICE:

96. Houlevard Haussmann. Paris.

Subscribed Capital Frs. 72.000,000.00 Pail-Up CapitalFrs. 68,400,000.00 Reserve Hunde.... Frs,102,000,000.00

Bangkok Battambang Blue

Canthe

Canton

Djibouti

Fart-Baya

Haiphong

Ilankow Hanoi

BRANCHES Hong Kong Quinhon

Saigon Shanghai Mengtzo Kam-Dinh Singapore Neume

Thanhen Tientsin Tourane Prom-Pent Vinh Pondicherry Yunnanfo BANKERS:

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 Provín- ! cial & Union Bank of England, Ltd.: Comptoir National d'Escompte de Paris; Credit Lyonnais.

IN NEW YORK: J. P. Morgan & Co.; French American Banking Cor- poration: Guaranty Trust Co. of New Tork.

Interest allowed on Current Ac- counts and Fixed Deposits according to arrangements,

Every description of Banking and Exchange Business transnyted. Safe Deposit Boxes to let.

A. LECOT.

long Kong, lat May, 1929.

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA. Incorporated by Royal Charter, 1853.

HEAD OFFICE: LONDON.

Paid-up Capital

Reserve Fund .... Reserve Llability of

prietora

Pro-

3101 STAR

(Malay Mala

AMUTSAB

THE CHINA MAIL.

THE HO HONG BANK, L1D.

(Established 1917)

HEAD OFFICE-SINGAPORE. Hong Kong Branch: 13, Queen's Rd, C.

"

Authorised Capital Straits $20,000,000 8,000,000 .£3,000,000 Issued Capital

4,000,000 ‚£4,000,000 | l'aid-up Capital

Reservo Liabilities .£3,000,000 of Shareholders

Surplus

Agencies and Branches:

BANO KUK

BATAVIA - BOMBAY CALCITTA CANTON CAWS POICE.

CENO

COLOMA

DAINEN (Bala

outh Manchulal

DELHI

HAIPHONG HAMBURG

BANKOW

HABRIN

(N. Manchup!

HONO KONA

TAHLO

KARACHI

BLASO

1415

Kun

KUALA HANORAR

(Perak F.M.S.) Foreign

KUALA LUMPUR KECHIKA

MADRAS

MA KILA

MEDAN NEW YORK

PERING YESASO HA SOOON

SAURUS SEMAHANC

SELEMDAN

SHANGHAI

AINHALORE

KOURA BAYA

TAIPING (P.M.8.)

TAYOY

TTENTRIS

TOKYO

TONGKAH (AŁuket)

TSINGTAO

YOKOHAMA

ZAMBOANGA

lippine Islands)

Exchange And General Banking business transacted,

Current Accounts opened and Fix-

Deposits received for 1 year or shorter periods at rates which will be quoted on application,

A. 11. FERGUSON,

Manager. long 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

BELGIUM

BRAZIL

CHILE

CHINA

LONDON

MEXICO

PANAMA

ISLANDS

PERU

PHILIPPINE

PORTO RICO

DOMINICAN

STRAITS

REPUBLIC

COLOMBIA CUBA

INDIA

ITALY JAPAN

SETTLEMENTS

URUGUAY

VENEZUELA

Commercial and Travellers' Letters of Credit, Travellers' Cheques, Bills of Exchange and Cable Transfers Current accounta bought and sold. and Savings Bank accounts opened and Fixed lepasits in local and for- at rates that eign currencies taken may be ascertained on application to the Bank.

We are also able to offer our Cus- towers 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), S.A., in Paris and Nico.

F. McD. COURTNEY,

Manager. liong Kong, 20th February, 1931.

THE

AMERICAN EXPRESS COMPANY,

INC.

Head Office: 65, Broadway, New York,

Manager.

Capital Surplus Keserves

THE YOKOHAMA SPECIE BANK,

LIMITED.

Дадов Ulsager

HAYADE Hamburg HATES

.U.8.$6,000,000 U.S.$1,672,454

U.S.$1,908,209

BRANCHES:--

Amsterdams Alwarp Athang

Filos

Barle

Naples Plius Puris

Berlia

Fening

Bimerita

Bombay

Interlaken Jerusalem

Paking Palerme

Braman

Lido

Gotterdam

Destandin

Loodus

Dance Air

Lirarpool

Stamboul

.Yen 115,000,000

Cafre

Luperat

Calcula

Lugane

Luxor

Marl

Monte Carlo

Established 1880.

Capital (fully paid-up) Yen 200,000,000 Reserve Fund

Head Office:~YOKOHAMA,

Alexandria

Branches and Agencies at:

Manila Nagasaki Nagoya

Batavin

Berlin

Bombay

Calcutta

Changchun

Newchwang

New York Osakn

ngoon

Dairen (Dalny) Fengtien (Mukden) Rio de Janeiro

Hamburg

Hankow

Harbin

Hong Kong Honolulu Kai Karachi

Kobe London

Val Yuen

Los Angeles Lyons

San Francisco Seattle

Singapore Soerabaya

Sydney Tientsin

Tokyo

Taingtau

Interest allowed on Current Ac- counts.

Deposits received for fixed periods at rates to be obtained on application.

H. MORL

Manager.

Hong Kong, 11th April, 1981.

你好 Colombo

Constantinople

Copenhagen

Risburgh

ماجد 15

Kumch

Montras

Milan

Shanghai Beethampton

Bingspors Bt. Moriss Tiesula

Veron Yokohama Zurich

Flores Сидата

Branches of American Express Company in Principal cities of Unit- ed States of America and Canada.

All classes of Commercial Banking Transactions undertaken.

Personal Investment accounts handled.

The Company offers to intending Travellers the use of, its "Travelers Cheques" and Letters of Credit and, In addition, the world-wide services of its thoroughly equipped, Travel Da- partment

www

Affiliated with

THE CHASE NATIONAL BANK

Resources ..Over G$2,500,000,000.

C. IL BENSON,

General Manager.

THE BANK OF EAST ASIA, LTD.

Established 1918.

HEAD OFFICE:

10, Des Voeux Road, Central.

Capital and Busplas

Total Resources

HONG KONG

over H.$ 8,000,000,00

over IL.$10,000,000,00

Every description of Banking and Exchange business transsoted.

Current and Fixed Deposit Accounts in local and for eign currezales opened for clients. de

Sayings Account and Safe Deposit Boxes Branches and Agencies all over the world,

KAN TONG PO,

נו

4,090,000 2,626,000 Branches, Agencies and Correspon- dents in the principal cities of the world.

Every description of Banking and Exchange business transacted.

TAN ENG HOOL,

Manager.

NEDERLANDSCHE HANDEL- MAATSCHAPPIJ, N.V.

NETHERLANDS TRADING BOCIETYĮ BANKERS.

Established 1821. Hong Kong Osice:-1), Queen's Road Central Authored Capital ........ders 260,000,000- (219,500,000.) Pald-Up Capital ............. Guilders 80,000,000 (£8,069,170) Best Fund ......... Ouliter 40,018,000

(8,354,589)

and

Commerce

Finance

SHARE MARKET.

RENEWED ACTIVITY AFTER HOLIDAYS.

G. A. HARRIMAN'S REPORT!

two

·MONDAY, APRIL 13, 1931.

classes, "tut-workera" And "tributers"—the former employed In sinking shafts and driving levels, while the latter worked out the ore. The tributors became

specialised geologists, depending

for their sucCOYS on their know- ledge of ores and their capacity to judge the probable yield. Work

DEARER STOCKINGS? | underground

ARTIFICIAL SILK YARN TO. BE ELIMINATED.

GANDHI'S PLÁN.

CHINA REALTY DEBENTURES.

Underwritten by Local Brokers.

EIGHT PER CENT. ISSUE AT PAR.

Was

was carried on in three eight-hour shifts or "cores,"

The China Realty Co., Fed. Inc., each eight-hour shift ranking as

U.S.A., announced the fasue of a "stem" for payment. Fines were imposed for breaches of the Tla. 4,500,000 eight per cont. de- regulations, small monthly deduc-bentures redeemable in ten years. This issue had been underwritten tions were made for medical at- tendance, and gratuities were paid by Messrs. Benjamin & Potts, and

available

sub- for public holiday, on the occasion of a The maximum pay of any indivi-scription at the office of the Hong dual appears to have been about Keng & Shanghai Bank between 10 a.m. and 3 pm on March 31, 10s. to 50s. a month. Women did Bombay, Saturday.

It is pointed out that the company The Millowners Association some of the work, such as buck- with a

are not investors in land, and the

of purchases properties Committee recently appointed tong or breaking the ore

Against the name of only regulate the nature and extent of hammer.

of a deller the use of artificial silk yarn, Ann Heather, for instance, is the which they make are in the case In passed a resolution endorsing an entry, "Bucking 319 Barrows of of a forced sale

between Gandhi Calcined work at 6d. per every 15 wishing to realise quickly. arrangement

cases purchases are only One of the Buch and certain millowners whereby Barrows, 10s. 7d." artificial silk yarn will gradually account books quoted from by Mr. made at prices which will permit In these cir. be eliminated, so as to cease Titley gives a list. of no fewer, of a quick re-sale in addition to a cumstances the company's assets altogether by August 15.-Reu- than 86 mines producing ore in reasonable profit.

1777-79, together with the assay ter

of the ore, the prices offered and realised and the purchasers.-En-first-class gineering.

Saturday, April 11. The market opened with renew- ed activity immediately after the Enater holidays And trading throughout the wock was mala- tained on a very generous scale, particularly in the more specula tive section where stocks like Cements and Ropes showed con- siderable improvement. Sterling Counters were rather quiet ewing to the uncertainty ruling in the exchange market, but prices in this section were well maintained The with a tendency to harden.

OLD CORNISH MINES. lisad :—AMSTERDAM*

investment section ruled very firm Eastern Head Office:-BATAVIA,

particularly in Hong Kong Lands

The Cornish mines formed one BRANCHES - Bandjermasin, Dandong", Bombay,

of the cradles of engineering in Calcutta, Charbon, Djember, Djokand Ferries where there was

The scar this country, jakaria, The Hagus, Jaddas, Keba, fairly brisk tarnover.

of and the names Kota-Badju, Maksasar, Medan, Fadaza

Pekalongan, Penang city of scrip was more noticeable Palembang.

some of the mines and of the en- Pontianak. Kangoo, Botterdama”, Hemarang.

Boltinn for sometime past, in fact in gineere connected with them are Shanghai, (Humaira), Singapor Boursbain,

orders had to be Boerekatie (Bola), Tegal, Tjilalap and

written large across the history of Walteredats”.

forward delivery metalliferous mining and mechani where cash shares were unobtain-cal engineering. Mining has been able, and right up to the close of carried on in Cornwall from times business to-day the firmness con-

immemorial, but with the applica-imately 898,000,000 barrels, a de- eline of 109,000,000 barrels, or tinues unabated in all sections.

tion of steam to pumping in the Banks. Small business in Hong eighteenth century an entirely new

about 11 per cent. on 1920. Kong & Shanghai Banks was done chapter was opened, at $2,035/50, and were still in de- mand at the former figure. Bank of East Asias were in request at $120.

* Thema offe bara sala deposli borse to tat. Goodna Bankara:—National Provipels! Bank Ltd. Correspondania all over the world Wanking busineen di pretz descriptios transacted.

A. ATOKKINK.

Acting Menght,

Hong Kong 10th August, 1985.

THE BANK OF CHINA. 行銀國小

manz cusses executed for

11

Insurances. Canton Insurances were steady with enquiries at $1,365. Unions had buyers at $630. Reorganized October 26, 1928, ander shares having changed hands at China Underwriters speelal charter of The National Gov-$630/35. ernment as an

ngain showed Improvement with buyers predominating at $4.40

effected sales having been

al

INTERNATIONAL EXCHANGE

BANK.

Subscribed Capital Paid-Up Capital Reserve Funds

HEAD OFFICE: SHANGHAI.

HONG KONG BRANCH: 4, Queen's Road Central.

On

As captains of mines or other wise there were the Trevithicke, the Woolfs, Harvey, Bull and Vivian,

CRUDE OIL OUTPUT.

Sharp Decline in U.S. Last Year.

or

.

are always in cash, mortgages on

real estate, and pro- perties valued at a cheap rate.

Recent Profits Earned. During 1930 the capitalisation

consisted of the company

of a share capital of Tis. 2,000,000 and a debenture issue of Tls. 3,000,000, and against this the accounts of the company showed, a total of eredit in ensh of Tis. 109,892, in property of Tls. 1,742,320, and of mortgages of Tls. 3,519,380, mak-

The 1930 final figures for crude ail production will show approx-ing

KAILAN MINES.

The total output of the Kailan Mining Administration's mines for the week ending March 28, 1931, amounted to 127,074 tons, and the sales during the period to 76,641 tons.

A total fo Tls. 5,471,592.. Acting as agents for landownera, rents the company collected in during that year the amount of Tla. 1,776,000.

In the course of the past 20 years the China Realty Co. has negotiated more than Tla. 60,000.. 000 of mortgages, on which total all the interest, and principal kan been repaid. The total business has been well over Tls, 100,000,000, while between October 1, 1925, and December 31, 1930, dividends have been distributed to the amount of Tis. 931,425.

contemporarles of Boulton and Watt, and it in i around their lives that much of the interest in Cornish mining centres. In writing the life of Richard

Trevithick (1771-1833), Francis Trevithick, in 1872. used some of the old mine account

Object of Present Flotation. books, which go back as far as special sub-committee of the of the committee

The object of the present flota- $25,000,000.00 $4.30/.60.

1765. These have, fortunately, agricultural

tion of debentures is to extend the .$24,710,200.00 Shipping Douglases were

been preserved, and through a Winnipeg Board of Trade is ar

business of the company.

The $3.820,503.82 the downward trend with sellers further examination of them, Mr. ranging for the sowing of 20 acres

jat $24. Hong Kong Steamboats A. Titley, in a paper on "Cornish

of land with the soy bean, as a prospectus peints out-that the were alightly firmer with enquiries Mining" read to the Newcomen experiment. The olls and fats de- company has a staff of realty ex- at $26. Union Waterboats remain Society on December 17, was able rived from the soy bean are used perts intimately cognisant of local ed in demand at $36.

to give many interesting parti- extensively in industry, while the conditions, and goes on to say:- Decks, Wharves and Godowns.culars of the organisation of the residue makes a valuable feed for "There now appears to be a vital Hong Kong & Kowloon Wharves mines during the latter half of cattle. Hence the effort to pro-uced for the further extension of

netivities,

the duce the bean locally,

particularly in Owing to our numerous branches in were booked at $158.50/.76 and the eighteen century.

creation of an efficient real estate China and large connections in the im-there were further buyers at $150 portant commercial centres of the with sellers asking $160. China

trust service, with simple and eff work, we are able to extend to clients special facilities for domestic Providents were steady with buy

they are not given a lien on speci- cient methods of the handling of and foreign banking and exchanger. era at $5.35 for the old shares

the mortgage business." The de- fic property, though their clalm We also handle the issue of Bonds and $2.45 for the new.

on the assets of the company willbentures now offered to the public and other Publie Funds of the Chin-

be prior to that of the stock-hold- will be a direct obligation on the and ese Government both at home

Debenture interest is erg.

company, but in order to give the abroad.

SHOU J. CHEN,

company entire freedom in mort. first charge in the earnings.

for China Recent quotations Manager.

gaging, selling or otherwise doal- Hong Kong, 5th March, 1931.

Realty debentures on the Shang- ing with its various holdings, (Continued at foot of preceeding hai Stock Exchange have been as

Column.) high as 102.

our

Hotels, and Real Estate-A fair volume of business in Hong Kong and Shanghai Hotele was put through at $14.20/.50, and they were still firm with buyers at $14.30. Hong Kong Lands remain- ed in demand with bayers at $85, THE BANK OF CANTON, LTD. business having been put through

Established 1912,

Pan

Head Office-Hong Kong, Authorised Capital (H.H. Carner) 17,000,000

-Up Capital ....................

0,004,800 Hasara Fund for th 1,100,000.

at $85%. Hong Kong Realties were dealt in at $11.30, and clos ed with buyera at $11.40.

Cotton Mills-Ewos were nego- tiated at Tls. 14.85/15.15, closing with buyers at the former figure. Centon, Shanghai, Hankow, Brasov, Shanghai Caftons could be placed

HRANCHEN-

Bangkok. New York and San Franciods.

CORRESPONDENT

LONDON BANKERS: --

The Lloyd's Bank, Limited.

Is all pracipe! allies of the World. Poreign stefango and banking minions of Svary acription transacted.

Bala Depot Boses tvarka siasa) si a yearly ranial of from 15 to $10.

LOOK POONG SHAN,

Chief Manager,

at Tls. 110.

Public Utilities. Hong Kong Trama continued in. demand at $17.70 with business reported at :$174. Star Ferries were naked for at $91, without attracting sell- ers. China Lights improved to a buying rate of $25.20, but sellers were scarce, business having been done at $25.30. Hong Kong Elec- tries remained steady with sales effected at $782/%4. Hong Kong HEAD OFFICE Talpeb, Borraosa. Telephones (partly pald) advanced

Incorporated by Special imperial

THE BANK OF TAIWAN, LTD.

(TAIWAN GINKO.)

Charter, 1899.

Cautral Bank in Feriposa,

to a buying rate of $40 without at- tracting sellers.

Miscellaneous-Cements opaned

Bank Notes dated Axarage amount with buyers at $16.70, but were in

DLANCITES AND AGENOTES: JAPAN:-Tokyo, Yokohama, Kobe, Danke. POBMOSA |--Gina,

Kadi

strong demand at $17.25 at the

Karako, Lung, akong, Rui, Slabilu, laich, nian, clone. Ropos were very strong Takeo, Tama, Ice, wio, Tella.

Dairy CHINA --hauphal, Banker, Amoy Poodle. With buyers at $14.25.

Ewatow, CanIDA.

Farms were sold at $24.60 at the OTHERS- Hong Singapore, Boerhaye.

Semarang, Elevia, Bay, Catania outset, but the market closed very Lendo, Now York, Daire.

LORDON BANKERS,

The London County Westminster and Perr's Bank

Commaralal Centres throughout the world.

The Bank has Correspondante du all the prismp

K. KADURA,

HONG KONG DEL NOW:

A. Deemax Road Cestr Hong Kong, 1912 January, 1929

strong with buyers offering $2514, Lane Crawfords experienced a sharp rise and were done up to 85. but closed much easier. Sinceres were enquired for a $14.25. Hong Kong Amusements jumped up to $234 buyers for the old shares and. $21 for-the new.

|_|| _|_16_¶¶ (1⠀⠀⠀ ||||||||||||¶ China Entertainments stood at at

COASTWISE

by

"ALGIE" BENNETT.

An interesting book of Cartoons depicting "Happenings on the China Coast

PRICE $1.00.

{"Now on sale at

BREWZRSONEE

WHITEAWAY, SAIDLAW. EXCELSIOR BOOK STORE.

and at the Publishers

The

Chief Manager.

China'Mall

buying rate of $19,50,

Forward Settlement Days.- April 28, May 28, and June 20.

NEW SOUTH WALES,

£700,000 CLAIM AGAINST

STATE GOVERNMENT.

Bydney, Saturday. The Commonwealth Crown Land Office, on behalf of the Federal Government, is Issuing a writ:") on Monday, claiming £700,000 from the Government of New South Wales, represent- ing commitments to British bond- holders which were paid on be half, of New South Wales -- Rout

Under the old law it required six shareholders or adventurers to form a Cost Book Company, and it was into the Cost Book all im- portant transactions had to be entered. Under the captain or manager of a mine would be pit and shaft men, engine and fire- men, kibbal lauders, whim driv

ers, burning-house men, carpen- ters, amiths, masons, and others. The real miners were divided into

THE FINE

ART

OF RELAXATION

Charettes

n

In the days of Thackeray and the coffee- houses when leisurely conversation and relaxation were religiously cultivated. "THREE CASTLES played no small part in the lives of those giants of the past. And right today."THREE CASTLES" is still the choice companion and friend of those who have learned the fine art of making the most of moments of leisure.

THREE CASTLES

CIGARETTES

FAMOUS FOR FIFTY

YEARS

;

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