BANK S
HONG KONG AND SHANGHAI
· BANKING CORPORATION.
Authoriend Capila
... $50,000,000
Issued and Fully Paid-up............$0,000,000 Becerra Funda 2-
Sterling... 6,500,000
Beserve Liability, of Proprietors. $70,000,001
HEAD OFFICE: TIONG KONG,
BOARD OF DIRECTORS 1-
Hon. Mr. C. d. 6. Markle
Chairman,
Hon. Mr. J. 3. l'alerson.
Beputy Chairm
W. H. Dall, Feq.
T. E. Fenn, Bag,
4. H. Compton, Esq. J. A. Businez, Esq.
B. Emoder Krowia. Eng. T.' It. B. tham, Eng.
. Miskin, Esq.
ANNY
BANGRIK
HATAVIA
BOMBAY
CALCUTTA
CANTUN
GEARPOD
COLUMBA
DAIREN POOCHOW HAITIUNO
2. Warren, Taş
Chi Hanager.
V. N. Orayburn, Vag.
BRANCHES: ---
LUSION
LYONK
MALACCA
HANKA
MĦAJ (Johor)
MUKDEN
НАСАНАБІ
NEW YORK
PEIPING
PENANO BAMMON SAIGON
SAN PILANCISeu
HANDHA
SINGAPURE
HAMBU HANKOW
HARDEN
HONOREW
-1001543
SUNUEL PATANI TIEKIBIN
JURYA
TSINHAL
1.255+02
SIKULAMA
JOHORS
KODE
„KUWLOON
KUALA
yal of
Current Accurance opened to Inmal Currency med Pized Unpon fented in m shorter periods in Focal Excomung and flerling on tarts which will be quoted on application. ilong Kong. 21 Vebruary. Th.
HONG KONG SAVINGS BANK.
The Buslows of the above Flank is wondari. "ONG KONG AND SHANGHAT DANKING CORPORATION. Bulas may be obilnu applicatio
FOR THE OKORONG AND AIJANGHAI DANKINO CORPORATION.
V. M. ORAYINK,
Hong Kong, och July, 1950,
Chief Mangor.
BANQUE DE L'INDO-CHINE.
HEAD OFFICE:
96, Boulevard Haussmann, Paris.
Subscribed Capital Fis. 72,000,000.00 Paid-Up Capital...Fru. 08,400,000.00 Reserve Punts ....Frs.102,000,000.00
BRANCHES: Bangkok Hong Kong Quinhon Battambang Hue
Cantho
Canton
Mengize Nam-Dinh
Saigon Shanghai Singapore Djibouti Neunica Thanhen Fort-Bayard Papeete Tientaln Haiphong Peking Tourane
Pnom-Penh Vinh
Hankow Hanoi
Pondicherry Yunnanfu BANKERS:
IN FRANCE: Comptoir National d'Escompte de Paris; Credit Lyonnn's; Banque de Paris et des Pays-Bas Credit Industriel et Commercial; So ciete Gene
Generale.
IN LONDON: The National Provin- einl & 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
York,
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA. Incorporated by Royal Charter, 1851.
HEAD OFFICE: LONDON, Paid-up Capital
THE CHINA MAIL.
THE HO HONG BANK, LTD. (Established 1917.)
£3,000,000
Reserve Fund
.64,000,000
Resorve Llability of Pro-
priators
HEAD OFFICE:-SINGAPORE. Hong Kong Branch: 18, Queen's Rd. C.
Authorised Capitol Straits $20,000,000 Issued Capital...
8,000,000 Paid-up Capital
4,000,000 Beserve Liabilities
H
..£3,000,000
agencies and Branches:
of Stareholders. Surplus.............
4,000,000 2,520,000
ALOR MTAR
KUALA LUMPUR
(Mainy State)
RUCHING
AMITHAN
MANGKUK
MADRAS
MANILA
MEDAN
NEW YOBI
PEKING
PENANO
ΠΑΤΑΥΤΑ
BOMBAY
SALGRITA CANTON
DAWNPORE
OKDU
COLOMNO
BAIREN (Deny
Houth Vancharla)
DELHI
HAIPHONG
HAMBURO
HANKOW
HARDIN
(N. Manchuria)
HỒNG XONG
110110
LIGH
KARACIN
KLANG
кова
KUALA KANGSAR
(Park P.M.8.)
KANGCON
BAJUN
KEMARANG
BEBEMUAN
HITANGHAL
BINGAPORE
BOURABAYA
TAIPING (F.M.B.) TAVOY
TIENISIN
TOKYO
TONOKAH [libuket)
TRIKOTAO
YOKOHAMA ZAMBUJANGA
(Philippine Islands)
Foreign Exchanga and Goneral Banking business transacted.
Current Accounts opened and Fix- ed Deposits received for 1 year or which will aborter periods at rates be quoted on application.
A. H. FERGUSON,
Manager. Hong Kong, 8th January, 1928.
THE NATIONAL CITY BANK
OF NEW YORK.
HEAD OFFICE: 65, Wall Street, New York,
Capital, Surplus and
Undivided Profits ..U.S.$224,554,298
Branches in:
ARGENTINE LONDON
BELGIUM
BRAZIL
CHILE
MEXICO
PANAMA
PERU
HILIPPINE
ISLANDS
CHINA
COLOMBIA
CUBA
PORTO RICO
DOMINICAN
STRAITS
REPUBLIC
INDIA ITALY
VENEZUELA
JAPAN
SETTLEMENTS
URUGUAY
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 Deposits in local and for- eign currencies taken at rates that may be ascertained an application to the Bank.
We are also able to offer our Cus- tomers the sorvlees 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 Faris and Nice,
F. McD. COURTNEY,
Manager. Hong Kong, 20th February, 1931.
THE
Interest allowed on Current Ac. AMERICAN EXPRESS COMPANY.
counts and Fixed Deposits according
to arrangements.
Every description af Banking and Exchange Business transacted.
Safe Deposit Boxes to let.
A. LECOT,
INC.
Head Office 65, Broadway, New York.
Mariager.
Hong Kong, 1st May, 1929.
Capital Surplus Reserves
THE YOKOHAMA SPECIE BANK,
LIMITED.
Establinked 1880.
Capital (fully paid-up) Yon 100,000,000 Henorve Fund
.U.S.$6,000.000 U.S.$1,572,454 .U.S.$1,008.209
BRANCHES:-
عمادوسة
Aralardam
BBON
ht
lutemp
Ulango
Athana
Karna
Pie
Berils
Marcil
Bombay
Втотова
Brusale
.Yen 115,000,000
Head Office:YOKOHAMA,
Sumo itre Cairo Calcutta Canne
anthar Tera Interlaken Lerasala Ládo Loodon Liverpool
Paris
FOLDE
-king
Intersig
fuseda
lume
bboul
Lucerne Lugano
Elaughind
Bu hamplos
Calambe
Lebor Mamallise
Hingagw
M. Blaz
Talal
YILDA
Faloe
Yokohama Zurich
Branches and Agensler at:
Alexandria
Batavia
Berlin Bombay
Calcutta
Canton
Canton
Changchun
Manlia
Nagasaki Nagoya Newchwang New York Osaka Peiping Rangoon
Dairen (Dalny) Fengllen (Mukden) Rio
Hamburg
Hankow
Harbin
Hong Kong
Honolulu Kai Yuen Karachi
Loadon Los
Los Angeles
Kobe
Lyont
Janeiro San Francisco
Beattle
Semarang Shanghai Shimonoseki Singapore
Soerabaya Sydney
Tiantain Токус Tsingtaa
Interest allowed on Current Ac- counts.
Constantinople kigute Carto
Copenhagen Steinburg Молдов
Janila
Zones Klien
Branches of American Express Company in Principal cities of Vait-, ed States of America and Canada.
All classes of Commercial Banking Transactions undertaken.
Personal investment handled,
Branches, Agoneles and Correspon- doats in the principal cities of the world.
Every description of Banking and Exchange business transacted.
TAN ENG HOOL,
Manager.
NEDERLANDSCHE HANDEL- MAATSCHAPPIJ, N.V.
ĮNETHERLANDS TRADING BOCIETY;
BANKERS.
Established 1934. -
Hong Kong Oman -11, Quean's Boad Central
Authorised Capital mo. Guildare 350,000,000- (11,809,003.) Pull-Up Capital ................. Ouliders 80,020,00
Rare Pund.....
vad
(46,880,STO) Ouilders 40,016,000 (2,4,684)
AMSTERDAM.
Essier load Of‰e:-BATAVIA,
pany
on
and
Commerce
Finance
FORD'S BRAZIL PLANTATIONS.
No Intention of Withdrawing.
Officials of the Ford Motor Com- on February 2 denied em- phatically a news dispatch from Para to the effect that the 6,000,- |000-acre rubber growing concession the Tapajos River would be abandoned. The original state- ment declared that the Ford in terests had found the undertaking impracticable because of native
to" North antagonism
American methods of cllciency.
The Ford officials, however, said that "nothing has transpired to change the prospects of the develop. ing of the rubber plantation or to change the programme." They further asserted that "rumours on which the report was based have their origin outside the actual Palatobrogealiorgan, Penang, Footikoak, Kees, Rottardaki",
events and conditions at the planta- HAIRAFERE Khanghai. Hibol [Byaairyi Singapore Boution." Sosenkarta (Halo), Tegal, Tilling and Weiterzedan".
BRANCHES - Bandjormaals. Baidrang, Dombay, Calcutta, Cheribos, Djember, Djok jakarta", The Hagys*, Zaddik,_ Kobe, Kots-Badia, Mar, Medan, Padaos
• The offres havs safe doponik how to ins Sandon Bankers 2—Nailona) Provincks. Bank Ltal, Compedants all over the wasti
Banking businne i every description transacted.
А. ЧТОЯБУКК.
Acting seat.
Bong Kong. Inch August 1980.
THE BANK OF CHINA, 行銀國中
Reorganised October 26, 1923, under special charter of. The National Gov- ernment да оп
INTERNATIONAL EXCHANGE
BANK,
In the dispatch it was stated that American circles in Rio de Janeiro understood that Mr. Ford believed he had federal concession for the rubber plantation, whereas it was only a state concession.
"That is ahaolutely untrue," the Ford officials declared, "While the concession was made by the State of Para, it required and did receive formal federal sanction before Mr. Ford undertook any operations,”
seeks purchasers of the above in Hong Kong. Samples and prices
FRIDAY, APRIL 24, 1931.
Many mines find the richest ore in the pockets of the public
You can not get in at the bottom or out at the top.
When the amateur buys hardest, the professional sells.
Judge a company by its directors, and an issue by its promoters..
Never take a man at his own valuation.
Beware of Financial Napoleons-
A
may be seen at the Consulate-Gon-remember Moscow and St. Helena. eral.
A good cable does not make Lichees E. Chorry, Inc., 239, mine-it may make a market. Market Street, -Philadelphia, A mine is a hole in the ground desires to have samples of the owned by an optimist. above together with C.I.F. Philadel. phia quotations.
Drilling & Tapping Machines.- Superior Machine Tool Co., Kokomo, Ind., seeks an agent for the above in Hong Kong. logue and price list may be seen at the Consulate-General.
Cntr-
Broken Glass.-P. C. Valentine, 729, Farrington Lane, Burlingame, Cal., desires to export the above to Hong Kong.
STOCK MARKET
PROVERBS.
The London Style of Quip.
A fool can make money in a boom, but only the wise can keep it in a slump.
of fancy into the unknown.
A prospectus estimate is a flight
Before you invest-Investigate. Tips in the Press show the end of a boom,
A profit encashed is worth two on papar. -
floor of Electra House; on the second floor will be grouped the trans-Atlantic and Continental wire- less circuits, while the storey im- mediately above will be devoted to the beam wireless instruments com- municating with Australia, India, South Africa and Canada.
A "quick service" telephone sys- tom, by means of which all incom- ing messages will be dealt with by a staff of operators and messengers, will be a feature of the reorganisa- tion. It will be installed on the fourth floor. Special facilities will be provided for the photogram sar- vice, and part of the building will be set aside for the use of the staff as dining and rest rooms.
Engine room plant of the latest pattern will be set up in the base- ment of Tower Chambers. It will include machinery for an extensive pneumatic tube system and power- ful generatora capable of supplying power and lighting to the station in An investor lives beyond
his emergency.
The messenger
e- means if he spends more than three-livery service will be on the ground quarters of his income.
floor. As at present officials will Lower bank rate makes higher be in attendance at the inquiry fund prices. Higher bank rate, office to advise members of the lower prices.
public as to the most economical means of communicating by cable or wireless. All the recognised cable codes will be available for rofer- ence.
Profits come from an capacity for taking pains.
infinite
No one can make consistent pro- fits in a business without thought and care--even in stocks and shares.
Good-will is a solid asset in pro- sperity But of little value in liquida-
tion.
It is harder to keep money than to make it.
Since the stock market break of
a revival of: 1929 there has been
old Bawa interest in the
current among Wall Street habitues.
And the same thing seems to hold good in London, judging from Π letter recently sent out by the Lon-bat says naught of his losses. don stock-exchange house of S. C. Maguire and Son.
A company is judged by its future in a boom and by ita past in a slump.
The dispatch had stated that the the solid employes on the Ford grant had many old been reduced from more than 3,000 proverbs,
have resigned are to 200, while some
For some time past the writer of this firm's market letter has been impressed "by
wisdom contained in.
platitudes, sayings. which etc.- sayings too frequently forgotten or and others have been assigned to treated with diarespect when the Australia. This was also flatly need for remembering them is deried, the spokesmen, for the Ford greatest." Some of these proverbs Subscribed Capital' ...$25,000,000.00 Company stating that 3,000 employes are familiar in the form given. Others we know better as phrased Paid-Up Capital.....$24,710,200.00 are still at work on the plantation.
"There ..$ 3,820,503.82
is no thought of in New Yorkeso.
official withdrawing," the
con- cluded,
event tolist: any encourage withdrawal. The fact There is seldom a tip without a is that work toward com- tap. pletion of the project is progressing A bad stable seldom breeds a good at this moment ahead of schedule, į horse. Owing to our numerous branches in Within less than three years since Do not try to gather honey off China and largo connections in the im- the concesalon was acquired more thorns.
Reserve Funds
HEAD OFFICE: SHANGHAL
HONG KONG BRANCH: 4. Queen's Road Central..
portant commercial centres of the
abroad.
"nor
Anyway, here is the London
A speculator boasts of his profits,
A gamble may be a profitable amusement so long as the result is not serious to the gambler.
One large profit does not make a company permanently successful.
Buy in a slump-sell in a boom.
CABLE AND WIRELESS.
All Services to be Under One Roof.
Since the opening of the New Brunswick School of Agriculture in 1923, 160 young men havo attended the annual fall short course in practical agriculture, an annually increasing quota of students being supplied by the young people's live- stock and poultry clubs. A feature of the recent course was the larger proportion of French-speaking young men.
Butter supplies from the Prairie Provinces are now almost meeting the entire demand in Vancouver and imports from other countries have Intely dwindled to very small pro portions, according dealers.
to the local
COASTWISE
by
"ALGIE" BENNETT.
An interesting book of Cartoons depicting "Happenings" on the China Coast
Plans are being perfected for centralising the traffic services of Imperial and International Com- munications in London. Cable and wireless stations and personnel are at present housed in separate buildings in the City, and arrange- ments are now being made to bring both branches of the company's eye- tem, together with its beam wire- less services, under one roof.
In furtherance of this plan, Tower Chambers, Moorgate, E.G., Now on sale at
No man ever made a loss by tak- world, we are able to extend to one than 3,500 acres of jungle have been clients special facilities for domestic cleared and nearly two-thirds of 'ing a proft. and foreign banking and oxchanges. that acreage has been terraced and A man can grow rich by selling and part of the adjoining building,
We also handle the issue of Bonds drained for planting. In the same too soon. and other Public Funds of the Chin-time more than 140,000 seedlings Don't put all your eggs in one ese Government both at home and have actually been set out and
a basket. SHOU J. CHEN,
nursery with upward of 200,000 The further from the equator the Manager. seedlings has been developed in safer the loan. Hong Kong, 6th March, 1931. readiness for planting as additional The safety of an investment is in
acreage is terraced and drained.
the inverse ratlo to its yield. "Our official reports from Boa If gambling were remunerative Vista, the plantation headquarters, there would be fewer stockbrokers
working for their living.
THE BANK OF CANTON, LTD. show that major installations, such
Established 1912.
Head Office:Hong Kon
Authorized Capital (I.K. Cures307) #11,000,000 Paid-lip Capital
8,065,000 1,100,000
Rover Fund
DRANORES- Cantem, hangbai, lankow, Dwalow, Bangkok, New York and San Francisco,
CORRHANDENTK
LONDON DANKERS: —
The Lloyd's Bank, Látaited.
te wil proripal estles of the World.
Forlan boxe and bankika maslows of avery description transacted.
Bata Daponia Beze (varian alas) at a yearly "satal of from 15 to $40,
LOOK POONG SHAN,
Chlef Manager.
THE BANK OF TAIWAN, LTD. (TAIWAN GINKO.) HEAD OFFICE:-Taipeh, Formosa. Incorporated by Special Imperial
Charter, 1899. -
Central Bank is Formos
as powerhouse, saw mill and .fltra- tion plants, are practically com- pleted and that the construction of other buildings on the
pro- ject, including foremen's houses, | labourers" dwellings, a
manent hotel, school and other continuing A6 Representa-
| structures is
originally planned.
per-
tives of the company are expected to arrive in Para in a day or two with plans to further speed the work."
AGENTS WANTED.
U.S. FIRMS WHICH WANT CONNECTIONS.
The following is a list of Ameri- Bank-Notas uued Average amount.Ian, £5,000,000 sire to establish connections with can firms or Individuals who de- BRANCHES AND AGENCIES
Kalang
Amat Procure
accounts JAPAN:-Tokyo, Yokohama, Koba,, Osaka, merchants in Hong Kong and who
FORMOSA -Olan,
Mahong Nanto, Bhinahin, Talbhu, Tainan, Invite correspondence. No respon- Takno, Tamaul, Toon, Haita. Talta,
sibility is assumed as to the stand- Batow, Canton.
ing of the persors or at the dros Further information may Cales named.
be obtained at the Consulate- General.
The Company offers to intanding | Cuniâye dhanghai Hatkow, Travellers the use of its "Traveler OTHERS Hoog. Bingapore Bourabaya. Cheques" and Letters of Crodit 'and,
in addition, the world-wide services of its thoroughly equipped, Travel De partment.
Affiliated with
|
Betaurang Batavia,
Bombay, London, "Raw Tork," Delren.
LONDON BANKERS/
The London County Wailer and Pur's Bask.
The Bank has Correspondeum in all the principal Commercial Cenizas throughou) the world.
IL MAGURA.
Manager.
Deposits received for fixed periods THE CHASE NATIONAL BANK HONG KONG BRANDH,
at rates to be obtained an application.
H. MORI,
Manager. Hong Kong, 11th April, 1931.
Resources ..Over G$2,500,000,000
C. IL BENSON,
General Manager.
THE BANK OF EAST ASIA, LTD.
Established 1918. HEAD OFFICE1/NW.
10, Des Voeux Road, Central,"
MGM HONG KONG.
Capital and Surplus
Total Resources"
over* H.$ 8,000,000.00 `over ·H.$80,000,000.00
Every description of Banking and Exchange business transacted.
Current and Fixed Deposit Accounts in local and for sign currencies opened for clients.
Bavings Account and Safe Deposit Boxes. Branches sad Amancion, all over the world."
KAN TONG PO,
Das For Bond Cal
Hong Kong, 19th January, 199
YOU
Radio Receiving Seta and Planos-C O. Baptista & Co., 1,180, South Wabash Ave., Chi- cago, Ill., manufacturers of radios, and exporters of "planos' for the W. W. Kimball Company of Chi- cago, desire to export the above to Hong Kong. Radio catalogus and price list may be seen at the Consulate-General.
California Fruits and Honey... Robert Fulton, Silver Peak Guest ARE INVITED TO INSPECT OUR Ranch, Walnut, Cal,, denires to ex-
STOCK OF "ASIATIC › FOREIGN AND COLONIAL
POSTAGE STAMP
IN SETS, SINGLE PACKETS, BAGS AND IN APPROVAL SHEETS
GRACA & CO., Dealers in Postage Stamps, Philatello Gooda; Pizture,
fr Postcarda, Toyd, de 17-
10, WYNDHAM STREET PO. Box Ng. 120. HONG KONG:
port the above to Hong Kong.
*Enfante" Radio Receiving Bots. -Emerson Radio and Phonograph Corp., 641-649, Sixth Ave., New York desires to export
the aboys to Hong Kang. Further in- formation may be obtained at the American Consulate General.
Pyrethrum (Lo Bln Guk)—Jobu Powell & Co., Inc., 114, East 32 Street, New York,
desires to purchase the above-
Gin „Simons & Co., 178, Etate
Boston, Mass. desires representation of
PRICE $1.00.
Electra House, will be used to ac- BREWERS commodate the machinery, instru- menta and staffa of the whole of the WHITEAWAY, LAIDLAW London operating services. Many EXCELSIOR BOOK STORE. important improvements will be effected with a view to raising the and at the Publishers entire service to the highest stan- The Newspaper Enterprise, Ltd. dard of economical efficiency. The cable operators and their apparatus will be concentrated on the first
t
China Mall Building. BATERERAILUL KOERASASSI FONDIBERIKA
I may rush from a dinner to a" Talkie" and later on to a dance. But-
I NEVER CHANGE FROM Gold Fl
WILLS'S
As mildasa sun-kissed day in June-as mellow as a rare
old port-
as sweet as a rich.
ripe Honey Dew melon-Gold
Flake for mine anywhere, any time, always
GOLD FLAKE
CIGARETTES
AS GOOD AS GOLD