BANKS
HONG KONG AND SHANGHAI BANKING CORPORATION.
$50,000.000
$20,000,000
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA. Incorporated by Royal Charter, 1868.
HEAD OFFICE: LONDON,
Paid-up Capital
THE HO HONG BANK, LTD.
(Established 1917)
Kommand regional
Towns and Pulle Pack-up
Auto P
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FID,004,693
Berarty Lambulary of Propraters ... $2399LON HRAD OPPICE, BONO RONG
THE CHINA MAIL.
:
£3,000,000
Reservo Find
...£4,000,000
HEAD OFFICE:—SINGAPORE. Hong Kong Branch: 13, Queen's Rd. C. Authorised Capital Straits $20,000,000 Issued Capital"
Reserve Liability of Pro-
prietors
Paid-up Capital
8,000,000 4,000,000
£3,000,000
Roservo Liabilities
of Shareholders Surplus
4,000,000
2,520,000
ALON STAR
elining noktay
LANBUS
Branches, Agencies and Correspon- dents in the principal cities of the world.
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HONG KONG SAVINGS BANK. The Wres of the sloper Hauk in cambert- by the UNG KONG AND SHANGHAI HANKING CORPORATION, Ruline may be
FOR THE OMRONG AND SHASORAL BANKING CORPORATION,
V. M. GRAYIKERN,
Bone Rong Mah July, 109,
Chorl Manager%
BANQUE DE L'INDO-CHINE.
BEAD OFFICE: 96, Boulevard Haussmann, Paris.
Semibod Capital Fra. 72.000,000,00 Pop Capital.Frs. 68,400,000.00 Remove Pipits... Fra 102,000,000.00 BRANCHES:
Bangkok Hong Kong Quinhon
Saigon Battambang H
Mongize Shanghai Binh Singapore
Cantha
*antor
Djibouti Numer Firt Bayard Papeete Haiphong (unkow
Thanh
Tientsin Peking
Turne com-Pnh Vinh Pondichery Yunnanfu BANKERS:
IN FRANCE: Comptoir National d'Escompte de Paris; Credit Lyonnais; Banque de Paris et des Pays-Bas: Credit Industrie! et Commercial; So- elete Generale.
IN LONDON: The Nationa! Provin elai & Union Bank of England. Ltd
National d'Escapte
Credit Lyonnais.
de
IN NEW YORK: J. P. Morgan & Su, French American Banking Cor poranom; Guntonty Trust Co. of New York.
interest allowed on Current Ae- counts and Fixed Deportit according |
Every descriptina of Banking and
Exchoige Business tran asted.
KARACH GLAND
RODE
MANA KANGRAR
OM 2033
theta)
ISESGLAO
YOLGILAMA
ZAMIGANDA
Foreign Exchange
Phayoune tendan
Ant
Banking business transacted,
Gonerai
Purreal Account: opeties and Fir. 4 Deposits received for 1 year or Aortar periods at rates. which will Se quoted an application.
A. H. TERGUSON,
Manager. hing E, 8th January, 1928.
THE NATIONAL-CITY-BANK- OF NEW YORK.
HEAD OFFICE: 55. Wall Street. New York.
Capital, Surplus and
Undivided Profits ..U.S.$224,551,208
Branches in-
ARGENTINE LONDON
BELGIUM
PHILIPPINE
ISLANDS
MEXICO
BRAZIL
PANAMA
CHILE
PERU
CHINA
COLOMBIA CUBA
PORTO RICO
DOMINICAN
STRAITS
REPUBLIC
INDIA ITALY JAPAN
SETTLEMENTS URUGUAY
VENEZUELA
Commercial and Travellers' Letters of Credit, Travellers Cheques, Billa of Exchange and Cable Transfers Lought and sold. Current accounts and Savings Bank accounts opened and Fixed Deposits in local and for eign currencies taken at rates that 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 Nice.
F. McD, COURTNEY,
Hong Kong, 20th February, 1931.
THE
Evory description of Banking and Exchange business transacted.
TAN ENG 1001,
Commerce and
Finance.
TUESDAY, MAY 26, 1931.
RUBBER AND TEA.
FUTURE PRODUCTION OF ESTATES.
AGENTS WANTED.
REPRESENTATION OF US. FIRMS.
NEW BRITISH STEEL HOW MALAYA SAVED time Lane, state that the pre-merchants in Hong Kong and who
MARK.
Protecting a Great Industry.
FIJL
Discussing the prospects for rub. The following is a list of Ameri- ber, the Gallie Trading Co. (Lon-ean firms or individuals who de- don). Ltd., produce dealers ofsire to establish connections with dominating factors in the situation invite correspondence. No respon- are the enormous stocks of the sihility is assumed as to the atand- commodity in the UK. and U.S.A. ing of the persons or firms nam- suficient for 8 or 9 months' normale. Further information may be consumption, continued trade de-obtained at the Consulate Gen-
eral,
3
Coconut Moth Ravages pression and over-production.
"How low a price can the com- Stopped.
Carbon Black-Paal Uhlich & modity reach"? continues the eir- Co, Inc., 31, Cliff Street, New cular. "The factors that might York, N.Y., desires to export the change the outlook The main industries of the Fiji stacks are: 1) Possibility of
as regards above to Hong Kong. A great deal has already been? Manager. done in the way of reorganisation islands are the production of cane restriction scheme; this appears to jung Co. 21 California Street, Old Newspapers.-II., R. Klein- and the British steel industry, with sugar and coconuts, and as yet the he unlikely in the near future. San Francisco, Cal., desires to ex- the stimulus and encouragement of former is the more important of the 2) Taxation, either of all rubber port the above to Hong Kong. the fron and Steel Industrial Re-two financially; bat with the ever imported into the UK or of rub-Terms and quotations may be seen search Council, is now striving to increasing production of beet sugar ber other than Empire produced. at the Consulate General. reduce costs of production. It has overshadowing the natural sugar "It must
be remembered that Cotton, Wool and Silk Remnants,
NEDERLANDSCHE HANDEL-·
MAATSCHAPPIJ, N.V.
INETHERLANDS TRADINO SOCIETY)
BANKERS
Established 1824,
[#12,600,000)
Hong Kong Une:~11, Quen's Bond Corral
Authorised Captist Calders 150,000,090-
Fald-Up Capital. k. Julldur 80,000,000 (24,002,170) Krect: Faad
Guildars 10,0:0,000
Weltevreden*.
-Chwytakavete tuppafebarka t Losing Bankers :—National Provincial Bach Lid. Correspondants all over the world Banking business of avers description transarted.
A. TOKEINK,
Hong Kong, IRC August 1980.
Kanuger
nats:
cause
set up the British Steel Export Ad-the coconut industry is, probably, about three months' stocks is the M Ends, etc-Mundane Trading sociation to promote the sale of Bri- the more permanent. Moreover, normal requirement of the trade. Co., 45. East 17th Street, New Liah steel abroad and has inaugurat-igar canes have to be cultivated, with regard to trade ed the British Steel Work Associa-; whereas, once planted, a coco palm there seems to be a slightly better above to Hong Kong.
depression, York, N.Y., desires to export the tion to stimulate and develop the Bay just for a century, and after the feeling generally, and the probable! Catton, White Wool, Linen and markets for steel both at home.and tenth year yield regular crops of change of Government in the near Silk Cuttings, Silk Noils, Rayon Jabroad.
In any case, no less than future will, we believe, increase Waste and Gunny Bagging-Mun. In addition, a price rebate scheme about 30,000 tons of copra (the confidence and
a gradual dane Trading Co., has been put into operation, and dried flesh of the nuts) is produced improvement.
45. East 17th
Blend ca—AMSTERDAMT
| Street, New York, desires to pur- merchants have been placed in ajannually in Fiji, says a Home paper.
Forward Sales.
chase the abort, Fastern Hand Oncs:-UATAVIA.
very advantageous position to sup-Anything that affects the industry
"On the question of future pro- BRANCHES Bandjarmsalu, Bombay,
Balm Chapply steel to their customers at anis at once reflected in the prosperity duction, we have made careful in McFaddin & Co., Inc., 40, Warren Twilight Candle Lamp.-H. G. Jakarta", The Bagım*, Jadiak, Koba, economic price, says the journal of the islanders, About 10 years quiries as to costs; many estates Street, New York, N.Y., desires to Rosa-Badia, Malimar, Madan, Padang Palembang, Pihalpogan Pissued by the Department of Over-ago the caterpillar of a moth known have, up to the present, relied on export the above Pontianak, Rangoon, Botterdam,
to Hong Kong. Samarang,
ta entomologists as Levuana iride forward sales at higher prices to Sample and price may be seen at Abanghal, Bibol Seas Trade. (Sumatra), Blogapore, Bourable The industry has now with a view areas, which feeds on the leaves of assist their averages, Sorakarta (Sala), Tegal, Tanto safeguarding customers who de- the coco pain, had broken the na- look forward-to-a-market-price in Mangos. Watson, 732, Calle
but if we the Consulate General, sire to obtain British steel of Bri-tural bounds which had confined it London of 3 per tish standard quality adopted a new for ages to the island of viti Levu, standard
pound for Zeenteros, Manila, P.I., desires to smoked sheets being export the above to Hong Kong. British steel mark. Such a safe where cnco palms are of no account, maintained for any length of time, Henvy guard is necessary, as foreign steel and had began its ravages on neigh this is equivalent to only 3d. in R. G. Le Tourneau, Inc., Wilson
Grading Machinery. |has been frequently supplied or pur-bouring copra-producing islands. Singapore and applies only to the Way at Roosevelt Street, Stockton. chased under the misapprehension By 1921 it had become such a best quality.
Cal.. desires representation in that it is British in origin. This menace that the value of coconut
"Our conclusion is that a fall to Hong Kong for the above. misapprehension is largely due to estates had shrunk perceptibly. about 3d. per pound in London is Philco Radio Receiving Sets.- the use by foreign manufacturers of If the leaves of a tree-in other possible, but such a price is un- American Steel Export Co., Inc.. the words "British standard" or the words, Its lungs are destroyed, the likely to be maintained for any, 295, Madison Ave., New York, letters "B.S." preceding the parti- tree itself suffers, and if the der length of time, and that over the NY conducting the Export De culara of size rolled on structural foliation is continued for
a few next eighteen months or two yearspartment of the Philadelphia Stor Reorganiard October 20, 1928, under stee! sections.
years it dies. The islanders had, the average price will be con-age Battery Company, seeks a dis- special charter of The National Gov- These words, or letters indicate therefore, to face a problem like siderably higher."
tributor in Hong Kong for the ernment os ar
only actual dimensions in inches, în that which faces African peoples
Another member of the Harri- | above. INTERNATIONAL EXCHANGE
order to conform to British sizes, when the verdure of their country sons and Crosfield group to lague) Turmeric, Gallangal, BANK.
and are no indication of quality of is destroyed by locusts, with the its report is the Bikam Rubber Gall Nuts, Peanuts, Cardamons, Ginger, Subscribed Capital ....$25,000,000.00 material or accuracy of dimensions. important difference that, whereas Estate, which has an issued capital Camphor, Gambier, Ramie, Hemp Paid-Up Capital $24,710,200.00 11 will, therefore, be easily under-locusts swarm but once in a while, of £188,500 in 28. shares. Its and Indigo-Allied Trading Co.. Reserve Funds .... .. 3,820,503.82 stood how these letters convey to the the caterpillar goes on from year to eatates in the Malay Peninsula 625, Central Building. Seattle.
janinitiated a false indication of year in increasing numbers.
cover an area of 4,859 acres. The Wash., desires to purchase the origin.
Left to themselves, the native peo- portion planted with rubber is above. ples of the world are helpless in 3,250 acres, while a very small area Highest Standard of Quality..
Red Gum and Oak Lumber.- Our foremost engineers, realising such a predicament, and regard it, is reserved for coconuts.
W. F. Bradley Lumber Co., Mont- the important function which atvel] like the locusts of old, as a visita-
For the year ended December 31 gomery, Alabama. desires to ex- has to fulfil, demanded the highest tion from Providence. In 1924, last, the company sustained a loss port the above to Hong Kong. Owing to our numerous branches in standard of quality and specified the however, the Government of Fiji act of £4,107, though in 1929 there China and large connections in the im-processs which is now our standard up a committee to explore ways and was
Stem and Cargo Ginger.-0. W.. portan commercial centres of the
THE BANK OF CHINA,
HEAD OFFICE: SHANGHAI
HONG KONG BRANCH:
4, Queen's Road Central.
and
1 net profit of £15,881. Winckler & Co., Inc., 16, California
world, we are able to extend to our method of production. This process means of meeting it, and one of the Surplus of £5,000 is taken Street, San Francisco, Cal, desires clients special facilities for domestie ensures reliability, careful control, committee's first steps was the offer from taxation
reserve, and the to act as agents for exporters in and foreign banking and exchanges. and constant supervision and test- of a reward of £5,000 to anyone who carry-forward is £25,565,
We also handle the issue of Bonds ing during the full period of manu- would indicate
as Hong Kong. and other Pablie Funds of the Chin-
a remedy for it against £24,672 brought in. Manager.ese Government both at home
facture.
Meanwhile Sir John Hedstorm,
In consequence of the May tap-' abroad.
In addition to the less reliable Senior Member of the Legislative ping holiday, the crop was reduced SHOU J. CHEN, method by which foreign steel is Council of Fiji, who was in London, to 959,721 lb. The price obtained
Manager. produced. the tensile strength of was advised by the Director of the was 4.45d. per pound, a drop ofry the Saskatoon Dairy Pool in Outlining plans for the cream. Hong Kong, 5th March, 1931.
foreign structural steel is only 24 to Imperial Bureau of Entomology 4.34d. compared with the previous tends 28 tori per square inch, as against that scientific research was more season.
to construct in Saskatoon Selective tapping is now this Summer C. T. Gooding, presi- the tensile strength of 28 to 32 tons likely than anything else to yield a being carried out on the estates, dent of the Dairy Pool, told con-
AMERICAN EXPRESS COMPANY,
INC.
Head Dice: 63, Broadway, New York.
ko arrangemez.14,
Safe Deposit Boxes to let.
Manager.
Capital Surplus Reserver
Hong Kong. 1st May, 1931,
A. BONNAUD,
THE YOKOHAMA SPECIE BANK,
LIMITED.
Established 1880.
THE BANK OF CANTON, LTD. per square inch of the British colution of the problem. The ad- and the 1931 output is expected to tract signers that more than 1,600
Established 1912.
Head Office:long Kong
Authored Capital (II.K. Currency: $1,500,000 Pail-Up Capital
8,665,000 Hear Yard
1,100,000
U.S.$5,000.000
DUANCHES-
U.S.$1,372,464 U.S.$1,908,285
LONDON DANEE15:-
The Lloyd's Bank,
Najm
1
tad In a principal cilen of the World. Forel schange and tealing business of vary divalption trennected.
Hale spoel Borne (vazione Jaon) at a postp rantal of Pron $3 to $40.
LOOK POONG SHAN,
Chief Manager,
BRANCHES-
1:10 1914-19
mor Harzw farrister Forsma Lada
دود الودية مول
traspost
chard
31*
Capital (fully paid-up) Yen 100,000,000 Deverve Fund .... Yen 115,000,000
Bombar
Gravate
Sara
1.
Lugan
Cesura isimen
1.var
Copenhage Edinburgh
*
Heal Office:--YOKOHAMA.
Branches and Agencies at:
Manila Nagasaki
Alexandria
Batavia
Berlia
Bombay
Calcutta Canton
Nagoya Newchwang
New York Osaka Changchun
Pelping Datren (Dalny)
Rangoon Fengiien (Mulden) Rio de Janeiro
Hambur
Hankow Harbin
Trong trong
Honolulu
Yaen
Karachi
Kobe
London
Lynna
San Francisco Seattle Semarang
Shanghai Shinionoseki
Singapore
Mill Contacpla Monte Carls
Koni
Stilan
J'atta
fuisterdets
H
Ad
· Backual
baptan Singapore 2. Mozite Truthu
Zurich
Juhara
Branches
a! American Express Company in Principai eities of Unit. el States of America and Canada.
All classes of Commercial Banking fransactions undertaken.
Personal handled.
investment
accounts
The Gunpany offers to intending
In addition, the world-wide services
ย
to for-
to be built this year will exceed $50,000.
standard product, and the safety, vice was accepted, and in dute sea- he about two-thirds of normal.
persong factor of foreign steel is therefore son, with the aid of three qualified '
have contracted Expenditure on estates and correspondingly less.
ward their cream to the pool. entomologists, the Levuana moth plant, etc., during 1930 was £5.919. This number does not include the In adopting the new British steel campaign was initiated, a small and these combined accounts now 250 farmers who ship milk to the mark the steel industry intend to levy on every ton of copra exported, stand at £189,128.. Investments dairy plant. The cost of the plant circulate
re with a contribution from the gen- in widely information
War Loan
cent. per Canton, Shanghai, Dankow wow,specting the relative qualities and cral revenue, furnishing the neces- conversion loan 5 per Bangkok, New York and as Presolan values of British and foreign steel, sary funds.
cont., and CONREUPONDENT
Prang Besar Rubber Estate total with a view to effecting a reduction: As the appointment of the in- about £27,000, and cash is £8,500. in the imports.
vestigators. was for only two years,
Cromlix Rubber. It is realised that the home mar- they had promptly to determine the In spite of the fact that allow- ket must be secured for British lines of attack, and these were ance had been made for the tap- steel makers and thì yet effort directed to the use of poisonous ping holiday in May, the 1930 the adoption of the B7th Mark for sprays, the encouragement of insect estimate of the rubber crop of the steel provides further evidence pest-eating ants and insectivorous Cromlix Rubber Estate and Pro- that the industry is striving to birds, and, finally, the control of the duce Syndicate fell short of the THE BANK OF TAIWAN, LTD. malataia ite position as a basic in- moth by a parasite. It is not sur- actual total by 89,000 pounds, the
(TAIWAN GINKO.}
HEAD OFFICE:-Taipeh, Formosa.
Incorporated by Special Imperial Charter, 1899.
Central Bank in Fort
Beak-Noted Average amount...Yen. 15,000,000 RANCHES AND AGENCIES: JAPAN:-Tokyo, Yokohama. Tebe. Ovak FORMOSA, Angi, Karenko,
dustry of the country in the face of prising that the last method should output being 371,000 b. This was grave financial difficulties, and thatį kave attracted the investigators probably due the fact that fur- no method available to the industry more than the others, but they were ther areas of the estate were put will be neglected which will tend to faced by the fact that the Fijian out of tapping during the latter increase business and to decrease moth. Levuana, was one of the few part of the year. "All-in" cost was unemployment.
in that part of the world which had approximately 7d., while the aver- BO parasite. There seemed a age gross sale price per paund was
Work for Unemployed. Given the opportunity to produce chance, however, that the same 5.1d., against 9.77d. in 1929.
in relation, to its capacity, the in- moth with a parasite might be As a result, the year's trading
Malong, Nahlo, Shinchku, Tichu, Ydustry will be able to make those found in one or other of the many left a loss of £2,913, compared with improvements in productive equip islands of the Pacific, and an inten- a net profit of over £6,000. With ment which shortage of capital and įsive search began. Meanwhile, the balance from 1929, there is an
Tako, Tamaul, Toon, aito, Taito. CHINA: Shaoghal, Hankow, Amoy, Foochow
Swaior, Canloo OTHERS-Hoog Koo.
Bemarang, Batavia, Bosby,
Singapore, Barbara, ahortage of security render impos- time was running on, and maltera available sum of £8,013, out of
Lantos, New York, Duna
LONDON HANKEDA:
Calcutta,
sible at the moment. The employ. were getting
desperate when, by which £700 goes to depreciation of
Travellers the use of its "Travders Cheques and Letters of Crecht and, The Louisa County Weiminals and Pac's Back.ment of British steel will mean the chance, one of the parasite hunters buildings and machinery, and the The Bark has Correspondente in all the principal employment of British workers not came upon a local plague of a moth, rest carried forward. For each of Comma Cantree throughout the world.
only in the actual manufacture of Artona, in the Malay States. This the two previous years, share- the steel itself but in raising the moth is related to the destructive holders received a dividend of 71⁄2 necessary coal, iron, ore, limestone, Jevaana of the Fiji islands, and, per cent. etc.
as it harbours a parasite, there was The capital of the company is
Suerabaya
of its thoroughly equipped, Travel De partment.
6. NAQUBA.
Manager.
Afiliated with
HONG KONG BRANCH:
#. Den Vorus Bond desired. Hong Bong, 19 Janary, 199
Sydney Tientsin Los Angeles Tokyo
Tsing Lau Interest allowed on Current Ac- counts.
Deposits received for fixed periods as rates to be obtained on application.
IL' MORI,
Manager.
Hong Kong, 11th April, 1931.
THE CHASE NATIONAL BANK Resources ..Over 032,500,000,000
C. IL BENSON,
General Manager.
THE BANK OF EAST ASIA, LTD.
Established 1918.
HEAD OFFICE:
10, Des Voeux Road, Central, HONG KONG
Capital and Surplus
Total Resources ......
over H.$ 8,000,000.00
over H.$30,000,000.00
Every description of Banking and Exchange business
transacted.
Current and Fixed Depoalt Accounts in local and-for- algo currencies opened for clients.
Savings Account and Safe Deposit Boxes.
Branches and Agencies all over the world.
KAN TONG PO,
Chief Manager.
COASTWISE
A million tons of steel would, ifļa chance that this parasite might £60,000 in £1 shares, or equal to nade entirely from British iron ore, regard the .Fijian moth as a con- £50 per planted acre. Reserve is ADRANKASR10|KAD GATYBIJORETZ¦ØØØJVJFNVÆŒÐÐÐFLÆÐÐÐÐÐÐ give employment to 40,000 men for genial host.
£5,799. Property and buildings ono year in raising the necessary It was decided to try the expori- stand at £56,780, and an investment coal, iron ore, limestone, etc., inment, and the story of the collection in Conversion Loan 3 per cent. assembling these materials and in of the parasitized larvae of the at £6,418. The holding of £5,000 manufacturing them into steel. | Artona moth at Batu Gajah, in the War Loan 6 per cent. was disposed
A British firm, the Brightside Federated Malay States, where of during 1930, and realised Foundry and Engineering Co., Ltd., ocean transport is infrequent, their profit of £170. Cash has been re- has just produced a large ingot preparation for the long voyage to duced slightly to £6,863. mould for casting the largest size of Fiji in specially prepared cages, in
by
"ALGIE" BENNETT.
An interesting book of Cartoons depicting "Happenines" on the China Coast
PRICE $1.00.
Now on vais at
BREWERS
WHITEAWAY, LAIDLAW |
EXCELSIOR BOOK STORE. and at the Publishers
The Newspaper Enterprise, Ltd.
China Mail Eailding.
а
CO-
steel Ingot, which weighs 112 tons. which were placed nowy sprouted ordinated and enthusiastic This has recently been delivered to coconuts planted in tins, the final operation. Mesaro. Vickers at their Sheffold | arrival of a few survivors at distant It was found that the parasite of works by road. Five traction en- Fiji and the raising there of, the Artona moth of the Malay gines were required to haul the parasites from those survivors, States took so kindly to the Levuana mould. This mould will be used for show what can be done by co-grub of the Fifi islands that In casting steel Ingots of a larger size } ··-
three years the threat of disaster to than any previously made in the to a very big loss should any fallure the copra industry of the lelands United Kingdom.
take place. Ingots of this size na-had been removed, Such Ingots will be used for the terally require a higlity special form The Times describes this as 3 production of heavy rotors, hollow of workmanship.
(capital instance of the new methods forgings for steel vessels of high The increasing alzo of certain of insect control, which are of grow-| prosaure which have to be made in types of electric machinery rendera ing importance in a tropical Empire, ane piece, without weld, and for it necessary for the steel industry each part of which has plants, in-
be of the
Dimilar work. The successful cast to keep step in this way, and this sects, and experience which only ing of the largest kind of ingots Is latest development cannot but in-'need organization to an operation requiring the greatest crease the prestige of the British highest usefulness in other parts skill and care, and which would lead (sleel industry.
thousands of miles away.
Has a
Pleasant "Tang":
Just right after Tennis.