BANK S
HONG KONG AND SHANGHAI BANKING CORPORATION.
Authorised Capital $50,000, 1900 Ieved and Fully Paid-up 20,00D.COM Bowers Fundu zuen.
Beting
Bliver ...........
£1,200,000 19,008,000
Barva Klability of Proprietore (30,000,000
HEAD OFFICE:
HỒNG XONG.
BOARD OF DIRECTON --
Hon. Mr. 0. 0. 8. Markle. Chairman.
Ton, Mr. J, J, Paterson, Deputy Chaleman.
W, 11. Ball, Fay. T. E. Pace, F. A. 11. Compton, Pag J. A. Planner. Eng.
F. Lander Lawh, Ext. 7. B. H. Bhaw, Eig.
. Miskin. Eng.
AMOY
DANGKUA
BATAVIA
BOMBAY CALCUTTA
JANTON
COLEROO
COLOMB
DAIREN
POOCHOW
J. P. Warren. Erg.
Chief Manager
V. V. Grapturo, 504-
HALYSTONG HAMBUSO
------
HARBIN
HUNDREW
ILOILO
APORE
JOFIORE
KODE
KOWLOON
BRANCHES:-
KUALA LAUR
LONDON
LYONA
MALACCA
MANILA
WURDEN
MUA Johor
NEW YORK
PEIFINO
PENANG
DANOGOS
SAIGON
SAN FRANCISO SHANGHA
SINGAPORE
SOURAHATA
SUNDEI PATAN
TUNYO
THISUTAO YOROBAMA
Cotton Acesuale opered so lazal Currency And Fised Deports rested for 'wo year ut shorter parinde in Loral Correary and sterling a sarms which will be quotes on application. Hang. B February, 1931.
HONG KONG SAVINGS BANK,
The Business of the above Hank le condurs
ed by the ING KONG AND SHANGHAT BANKING CORPORATION.
obtained an application,
Buton may be
FOR THE LONGKONG AND SHANGHAT
BANKINO CORPORATION.
V. M. GRAYBURN,
Blog Kong, 15th July, 1980.
Chif langt,
BANQUE DE L'INDO-CHINE.
KEAD OFFICE:
96, Boulevard Haussmann, Paris.
Subscribed Capital Frs. 72,000,000.00 Paid-up Capital.rs. 68,400,000.00 Reserve Funds ....Frs.102,000,000.00
BRANCHES: Bangkok Hong Kong Quinton Battambang fue
Salgon Cantho Mengtze Shanghai Nam Dinh Singapore Neumen Thanhen
Canton
Djibouti
Fort-Bayard Papeete
Halphong Hankow Hana!
Tientsin Peking Tourano Prom-Penta Vinh Pondicherry Yunnanfa BANKERS:
IN FRANCE: Comptoir National Paris; Credit Lyonnais; d'Escompte de Banque de Paris et des Pays-Bas Credit Industriel et Commercial; So- ciete Generale,
IN LONDON: The National Proviu- cial & Uninn Bank of England. Ltd: Comptoir National d'Escompte de Pari; Credit Lyonnais.
IN NEW YORK: J. P. Morgan & Co., French 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 Deposit Boxes to let.
A. LECOT,
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA. Incorporated by Royal Charter, 1859, HEAD OFFICE: LONDON.
Paid-up Capito!
THE CHINA MAIL.
THE HO HONG BANK, LTD.
(Established 1917.)
HEAD OFFICE: SINGAPORE. Hong Kong Branch: 13, Queen's Ed. C.
Commerce and Finance
Authorised Capital Straits $20,000,000 BRITISH TRADE IN FRENCH HIGH
£3,000,000
Issued Capital
Ronervo Fund
£4,000,000
Pald-up Capital
Reserve Liability of Pro- -
prietors
Reserve Liabilities
.£3,000,000
Agencies and Branches:
of Shareholders. Surplus
AR STAR
SCALA LUNPOR
(Malay Statanj
UCHING
AMRITSAR
MADRAS
MANILA
MEDAN
NEW YORK
MANOKOK BATAVIA
DOMBAY
CALCUTTA
CANTON
CAWNPORK
CEBU
COLCHOO DAIREN (Dalay
Houth Manchuria)
DELHI
HAIPHONG
HANBURG
HANKOW
11ARDIN
IN. Manchuriat
HÙNG XONG
ILOILO
KARACHI
KORE
PEKING
PENANG RANGDON
HAIGON
BEMARANG BELEMDAN
HRANOHA
SINGAPORE
BOUNA BATA
TAINING (F.M8)
TAVOY
TIENTBIN TOKYO
YOKOHAMA
TONGKAH (Ibukat)
THINGTAG
KIANO
ZANDO ANGA
KUALA KANGSAR
{Park M.M.B.)
Foreign
Exchange
and
Philippine Islande)
General
Banking business transacted.
Current Accounts opened and Fix- ed Deposits received for 1 year or which will shorter periods at rates
be quoted an application.
A. HI. 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.2224,554,298
Branches in:-
ARGENTINE LONDON
BELGIUM
BRAZIL
CHINA
CHILE
COLOMBIA CUBA
MEXICO
PANAMA
PERU PHILIPPINE
ISLANDS PORTO RICO
DOMINICAN
REPUBLIC
STRAITS
INDIA ITALY JAPAN
SETTLEMENTS URUGUAY VENEZUELA
Commercial and Travellers' Letters of Credit, Travellers' Cheques, Bills of Exchange and Cable Transfors bought and sold. Current accounts and Savings Bank accounts opened and Fixed Deposits 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 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), S.A., in Paris and Nico.
F. McD. COURTNEY,
Manager. Hong Kong, 20th February, 1981.
THE
AMERICAN EXPRESS COMPANY,
INC.
Head Office: 65, Bronʊway. New York.
Manager.
Hong Kong, 1st May, 1929.
Capital Surplus Reserves
LIMITED.
THE YOKOHAMA SPECIE BANK,
Established 1880.
.U.S.$0,000.00
U.S.$1,672,454 U.S.31,808,209
UKANCHES:--
Gation
Ol Havada Hamburg Elarte Interlaken Jerusalem
Anarda
Albaan
Barüb
Ellerti
Tkozbey
Des
Lido
Brumanla
Looden
..Yen 118,000,000
Bum Ala
Cand
Liverpool Luceras
Lugano Lator Alli Monte, Carlo Maglia
Stunich
Capital (fully paid-up) Yen 100,000,000 Reserve Fund
Head Ofice:-YOKOHAMA.
Branches and Agencies at:
Manila Nagasaki
Alexandria
Batavia
Berlin
Bombay
Calcutta
Canton
Changchun
Dairen (Dalny)
Nagoya Newchwang,
New York
Osakt
Pelping Rangoon Fengtien (Mukden) Rio de Janeiro
San Francisco Seattle Semarang
Hamburg
Hankaw
Harbin
Hong Kong Honolulu
Hal Yuen
Kai
Karachi
Кове London
Shanghai Shimonosekl Singapore
Socrabaya
Sydney Tientsin Tokyo Tsingtau Interest allowed on Current Ac-|
Los Angelca Lyons
counts,
Deposits received for fixed periods at rates to be obtained on application.
H. MORI,
Manager.
Hong Kong, 11th April, 1981.
Саль Сенде Calemba
Constantinopla Guselagen Edinburgh Plotears Elanets
Schuster Kitan
Ntos singles Piranus Paris
Гровц
Feking
Palang
Folterdam Bume Baboo!
العطر ميداع
Bingapore St. Molt Sustain ViG.
Verizo
Yokohama
Zurich
Branches of American Express Company in Principal cities of Unit- ed States of America and Canada.
All classes of Commercial Banking Transactions undertaken.
Persotial handled.
Investment
accounts
The Company offers to inteading Travellers the use of its "Travelers Cheques" and Letters of Credit and, In addition, the world-wide services of its thoroughly equipped, Travel De-. partment.
Affiliated with
THE CHASE NATIONAL BANK Resources ..Over G$2,500,000,000
C. HL BENSON,
General Manager,
THE BANK OF EAST ASIA, LTD.
Established 1918.
HEAD OFFICE:
10, Des Voeux Road, Central, TONG CONG
Capital and Surplus
Total Resources,
over H$ 8,000,000.00
over H.$30,000,000.08
Every description of Banking and Exchange business transacted.
Current and Fixed Deposit Accounts in local and for-
curranofas opened, for ellents, wonde
Savings Account and Safe Deposit Boxes, Branches and Agencies ill-over the world.......
KAN TONG PO,
Chief Manager...
8,000,000 4,000,000
4,000,000
ARGENTINA.
OF LIVING.
COST
2,628,000 Good Opportunities for The Result of Super-
Branches, Agencies and Correspon- dents in the principal cities of the world.
Every description of Banking and Exchange business transacted.
TAN ENG HOOI,
Manager.
NEDERLANDSCHE HANDEL- MAATSCHAPPIJ, N.V.
(NETHERLANDS TRADING BOCIETY)
BANKERS.
Extablebed 1874,
Many Koop Mos :—21, Quesa's Bond Osztrai, Authorland Capital
Pelk-Up Ceplies Reserve Fund
Quilders 180,000,000- 4211,000,000,} Guliders 80,030,000 (£8,880,170) Ouilders 40,016,06 (43,384,689)
Expansion.
Protection.
the
题
Was
Thus France did not carry the policy of aver-production to any thing like the length of that in certain other countries, but content to keep production within the limits of its normal require- But the crisis in Francs ments.
MONDAY, MAY 18, 1931.
BANK OF EMPIRE..
PLAN TO STABILISE BIMETAL CURRENCY.
GOLD VALUES.
Mr.
The Prime Minister. Bennett, had several interviews with Mr. Darling, probably on the question of the stabilisation of the bimetal currency, which will be submitted by Canada as one of the most important items on the agenda of the Imperial Economic Conference in August.
MINING INDUSTRY.
PROTECTION OF WAGE EARNERS.
POSITION DELICATE.
Rugby, Saturday. The position of the mining in- dustry was the subject of com- ment by the Secretary for Mines (Mr. Shinwell) in a speech last night. He stated that strenuous efforts were being made to avoid new disputes, and the reasonable diaposition displayed by both sides of the industry was a hope- Two things were essential
and
of
various
The position was still delicate but the Government would do its best to safeguard the nation against disputes, and he believed it would succeed.-British Wire- less Service.
Ottawa, Saturday, The establishment of a "super Bank of the Empire" for the stabilisation of the bimetal cur- rency of the British Empire was proposed by Mr. J. F. Darling in an address before the Banking and Commerce Committee of the Dominion House of Commons to- lu.. In the annual report of
Mr. Darling suggested that ful factor. The British Empire Trade Ex- hibition is a great success, and 'Comptoir d'Escompte, which a the British Empire should take will doubtless enable Argentina to ways contains something of topicnt the lead in the world movement some protection for the minerg wage standards, and the assur- appreciate what Britain is able to interest, the directors point out to solve international currency accomplish in the industrial deld, that France has only felt the question, and stabilise the price ance on a reasonable period of of silver as related to gold cur- peace to enable the industry to says the Buenos Aires correspon-effects of the world crisis in
very small measure. This is at-
rency. Also, Mr. Darling be- take full advantage of existing dent of the Financial Times.
to the "traditional lieved, such Bank should estab¡ legislation, In common with other markets,tributed
the French ab alish a permanent equilibrium be- schemes now under consideration Argentina has been comparatively prudence" of neglected by many British indus- people and to the sharp experience tween the values of gold and by the owners. trics, while in the case of a num- which the nation has acquired silver. ber of others the marketing policy through a period of adverse eir
to over- cumstances. followed has not suced come the competition of active and ap-to-date foreign traders.
the defects in Attention to British selling methods has been drawn in the report of the commit- tee headed by Sir F. Goodenough, BRANCHES- Banjarmasin, Bandong, Bombay and many of the strictures passed
Calcutta, Cheribon, Djember, Diok jakeria", The Hagos, Jeddah, Kobe, in that report are singularly ap Kota Hadis, Makasar, Medan, Padang plicable to the methods employed Palembang Pekalongan, PRADE
A meeting of officials of lead- Pontianak,
Bargoes Rotterdamin a market where conditions have Bamarins Shangkal,
ing Japanese business men, call- Bibolas (Burma) Blogsp. Borable changed and are changing rapidly.
ed by Mr. Parinouye, Minister of Bomacharin (Bolu), Tagal, Tille;up and The Comments made by the Wellardan
D'Abernon Economie Mission and,
Finance, to discuss the silver question, informally decided that more recently, in the Report an Economic Conditions in Argentina
various circumstances rendered put of tin has been recommended by Mr. H. A. Chalkley, Commercial
it inadvisable for Japan to by the International Tin Commit- undertake the promotion of
tea, composed of representative Counsellar to II.M. Embassy in
world silver conference.
from British Malaya, Dutch East Buenos Aires, have been still more to the point. The principal lesson This disparity between wholesale Among the reasons given was Indies, and Bolivia, who are meet- Colonial Department to be learned from these valuable and retail prices results in embar- that Japan is averse to accepting at the
a large number of ing responsibility for promoting here. The conference was of the documents is that in Argentina, asrassment for
a conference whose success is re- unanimous opinion that a further elsewhere, trade will go to the concerns. It places them in an in-
reduction in the output of the par- nation best able to provide the con-ferior position by comparison with garded as extremely doubtful,
foreign competitors by After considering the views of ticipating countries, of at least sumer with the article he requires their at the lowest price and on candi- obliging them to pay high wages this meeting, the Government is 20,000 tons (15.9 per cent. of the quotas), n year was tions that are convenient to him. and by restricting their markets. expected to inform America of its present
The Government knows all this. unwillingness to promote such a essential to secure the object of the present scheme, which aims at but in the matter of adjusting re- conference.---Reuter.
securing a reasonable equilibrium tail prices to wholesale prices its
between production and consump- hands are tied by home political;
tion
Hasd Oos-AMSTERDAM" Eastern Head OM¡—BATAVIA.
• These offices bars sala deposit boxes to lak Landon Bankora-National Provincial Dank Ltd. Correspondents all over the world Banking business of stary description transacted.
A. STOKKINK,
flang Kong, 18th August 1930.
Manager.
THE BANK OF CHINA. 行、銀國中
Reorganised October 26, 1928, under special charter of The National Gov- ernment as an
INTERNATIONAL EXCHANGE
BANK. Subscribed Capital Pald-Up Capital ... Reserve Funds
has nevertheless taken the form of a general slackening business and of an increase in the deficit of the French commercial balance.
This, according to the Comptoir d'Escompte, is explained by the evolution of French divergent wholesale and retail prices, and it causes no little uncasiness as it is # phenomenon peculiar to France. Duties On Foodstuffs.
|
Opinion in Japan.
Tokyo, Saturday.
A
OUTPUT OF TIN. VIEWS OF INTERNATIONAL COMMITTEE.
MINIMUM REDUCTION.
The Hague, Saturday. A further reduction in the out-
New Spirit Necessary. If Great Britain is able to face competition along those lines, the prospects of greatly increased
Canada's poultry industry is The poul- .$25,000,000.00 trade with Argentina may be said considerations.
forging steadily ahead. $24,710,200.00 to be good. Failing compliance The primary cause of the high try population of hens and chickens $ 3,920,503.82 with these stipulations, no senti- retail prices in France,
56,247,000. mental ties, no trade exhibitions, pared the ever-dwindling This represents an increase of one exchange of diplomatic wholesale prices, is the super million birds over 1929 and is in courtesies and no friendly plati- ! protection given to agriculture marked contrast with the tatal of tion should be put into force at the
HEAD OFFICE: SHANGHAT,
HONG KONG BRANCH:
4, Queen's Road Central
of the
no
tudes at international banquets says a
value.
with
48 com-
for
writer in the Financial
1980
numbered
with a view to preventing vere rapid oscillations of price. The committee agreed to come municate this opinion to the parti- ciputing Governments and recom- mended that this minimum reduc-
C
earliest agreed date. It agreed to publish monthly export figures of the Governmonts concerned.
The questions of research and development were referred to a Bub-committee composed of Sir John Campbell, Heer Vanderbrook, af Holland, and Senor Martinez Var- gas, of Bolivia.-Reuter.
will prove to be of any practical, Times of April 4. The Minister 12,696,701 of 1891. Present indica-
ure tions
that Canada's poultry is continually for Agriculture
population for the present year will raise the be practically five times what it Owing to our numerous branches in
There are, however, grounds for asking Parliament to China and large connections in the im- believing that a new spirit is en-duties
on food
products from was forty years ago. portant commercial centres
Such world, we are able to extend to our tering into British industry and abroad, the better to protect the a policy, Realisation of past French farmer. clients special facilities for domestic commerce. and foreign banking and exchanges.
The Comptoir d'Eacompte con- errors and a determination to however prudently applied, was
cost of cludes that the difficulties to be We also handle the issue of Bonds adopt different methods are stated bound to increase the and other Public Funds of the Chin-
overcome are serious. A grave ese, Government both at home and to be guiding the leading indus-living.
trialists "to-day. Prominent manu- More than this, the continual in danger resides in the squandering
For the first time in the history facturers and business men who rush of gold to France has largely mania of French legislators, all have thronged to
Buenos Aires increased instruments of payment anxious-with their electors, in of the organisation, the Purchasing during recent weeks have publicly in the form of an ever-increasing view-to increase wages, salaries Agents Association, comprising The rapidity with membership in Canada, Great Bri declared their intention of enter-circulation of notes, and this has and pensions. ing the market determined to study greatly assisted in the rise of re- which a Treasury surplus has been tain, the United States and South THE BANK OF CANTON, LTD. its needs and, so far as humanly tail prices. The effect would have converted into a deficit should, the America, will hold its convention in been greater still but for a revival report concludes, be sufficient to Toronto from June 6 to 11. R. G. possible, to meet those needs.
open the eyes of even the Adverse
conditions of the inborn French habit
most Sedgewick of Toronto, will be con- economic
prejudiced people.
vention chairman, may be hanging heavlly over Ar-hoarding money. gentina. but the recent and steady
abroad.
SHOU J. CHEN,
Manager. Hong Kong, 5th March, 1931.
Established 1912.
Head Offee-Hong Kong.
Authorized Capital (II.K. Currency) #11,000,000 Paid-up Capital Bangkai Kakinada
3,665,800 Beserve Puad | SAMURA 7,100,000
BRANOKES:—
revival in exchange, the heavy shipments of produce, and the set-i
Canios, Shanghai Hakow Bowled political situation, are all con-
Bangkok, New York nad Ban Francisco.
CORRESPONDENTS
LONDON BANKERS ;----
The Lloyd's lank, Láznited
lo all principal cities of the World.
Porsign bange and beaking business of
* description wassried:
Bale Deposit Bones (various alsoe) at a yourly rental of trom $5 to $40.
LOOK FOONG BHAN,
Chief Manager.
THE BANK OF TAIWAN, LTD. (TAIWAN GINKO.)
HEAD OFFICE:-Taipeh, Formoss.
Incorporated by Special Imperial Charter, 1899.
Central Bank in Formosa, Dank-Notes saszet ávarage amount ...Yan. 44,000,000 BRANCHES AND AGENCIES: JAPAN :—Tokyo, Tokohama, Kabe, Osaka.
FORMOS1-Gima,
་་
Takso, Tamad, Town, Hulio, Talia.
Amey CELINA:-Banghal, Rankov,
Bwalow, Canim. OTHERS- Imag Bipper
E
Datavia, Bombay, London, New York, Daten
LONDON BANKERS,
The Looden County Westminster and For
tributing to create faith in a re- turn to prosperity. That return may be a little long in coming, but crises are rarely of abnormal dura- tion in Argentina.
It is to be hoped, then, that British business will take full advantage of the trade exhibition as an opening move preparatory to a big and suc- cessful trade "drive" to follow.
TOO MANY "CROAKERS."
Future Of British Trade.
Mr. Charles Holloway, of Sal- tash, Cornwall, the new president Karenko, slung of the National Union of Commer- Makony, Zaak, Hamable, Telona. Talam,cial Travellers, in his presidential |
Foochov, address to the annual conference Barbays of the union at Newcastle-on-Tyne,
Cadoulay
safd that the members should pay Bustno heed to the croakers who were fearful that British trade was sick beyond recovery. "In our daily contact with manufacturers, im- porters, buyers, and sellers," he continued, "we can play our part in creating an atmosphere of optimism and confidence in an early and progressive recovery in British trade both at home and overacas.*!
The Bank has Correspondents in all the principe
Commisental Centres throughout the wedd.
L NAGUNA.
Manager. HONG KONG BRANCH:
1. De Vous Bond Control. Hong Kong, 10th January, 193
́£XX|||FF335Èʶ||||||||32|||||3|335|4|38||||||||||||||
COASTWISE
by
*** ALGIE” BENNETT.
An interesting book of Cartoons depicting "Happenings on the China Coast
PRICE $1.00.
ד
Now on sale at 1 BREWERS tag WHITEAWAY, LAIDLAW EXCELSIOR BOOK STORE. and at the Publishers
The Newspaper Enterprise,
China Mati:Building:
•
Referring to a éable sent by the unlon to the Prince of Wales in South Amerles, Mr. Holloway said: "I live in the Duchy of Cornwall, and if his Royal Highness turns out to be as good a commercial. traveller as he is a landlord, his success is assured, and he will have deserved well of his firm, British Commonwealth,-Ltd.”
The Executive Council's report, discussing the question of sales- manship, atated that the responso to the Prince of Wales's appeal for better aniesmanship still lagged far behind the need. Manufɛc- turers and employers too often were seen in the role of industrial Micawbers instead of responding to the appeal. Employers needing Ltd. efficient salesmen should abandon the old and stupid practice of an- onymous box-number" advertise"
| AZ QË JU | 19 || | | | | | | | | | monts In the Press,
of
I jump from Bennett to Wells to Walpole, over and over again. But-
I NEVER CHANGE FROM "Gold Flake"
WILLS'S
As mild as a 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.
OUD PLANE
GOLD FLAKE
CIGARETTES
AS GOOD AS GOLD