BANKS

HONG KONG AND SHANGHAI

BANKING CORPORATION. -'.

Bukhorined Saplled signumamosiom ||50,000,000 Imund and Fally alt-up $3,500,000 Resorts Punde

Sterling

★ 8,500,000

Oilver ................................ § 10,660,000-

Manarre The City of Prop:lation $3,000,000. BEAD OFFICE: HONG KOHO,

HOARD OF DIRECTORU:-

"Ifan," Mr. O. "0." B. Mackia." Obalrecen

Iùn, Mr. J. 3. Palarson,

• Deputy Chairman.

Hi. . . Bali, T. E. Pance,

4.II. Compton, Bag, J. A. Pluyomer. Eag

B. Lender Lewis, Eng. T. 14. R. Nhaw, Esq.

G. Miskin, Eng., 1. P. Warren, Esq.

AMOT

BANGADA

BATAVIA

BOMBAY

CALCUTTA

CANTON

CHEFOO

Chief Manager.

V. M. Graybara, Zaq, "

BRANCHES:--

LONDON

LYONS

MALACCA

MANILA

PENANG

|...THE CHARTERED BANK - OF

INDIA, AUSTRALIA & CHINA.. Incorporated by Royal Charter, 1858 READ OFFICE: LONDON, Paid-up Capital Reservo Fund

THE HOSHONG BANK, LTD.

(Established' 1917.)

HEAD OFFICE:—SINGAPORE. ' Hong Kong Branch: 13, Queen's Rd. C. .£3,000,000 Authorised Capital Straits $20,000,000

24,000,000.Issued Capital

Reserve Liability of Pro •«

prietors

Paid-up Capital ...

£8,000,000 Reserve

Agencies and Branches:____

ALOH STER......

(Malay Binter)

ALEITSAD

BANGKOK

BATAVIA

VANTOM ..

BOMBAY

CALOUTTA

CAWNPORE

GEDD

QULOK DO

DAIREN (Dalas

South Manchura).

DELRI

ΠΑΤΡΕΙΟΝΟ

JAMBURG

HANKOW

HARBIN

M. Manokurla}

HONG FONG

RODE

EVALA KANGSAR

(Perak M.B.)

1POR

MUAR (Johor).

ZARACHI

MUKDEN

KUANG

NEW YORK

COLOMBO

PRIPING

DAIBEN. PODKOW

HAIPHONG

HAMBURG

UANHOW

BARDIN

HONGKEW

ILOILO

IPUH

JOHORE

KOLE

KOWLOON

KUALA LUMPUR

RANQUUN

BAIGON

SAN FRANCISO"

ARANDAL

SINGAPORE

"80URABAYA

BUNDEL PATANI TIENTSIN

TOXYO

THINGTAO

YOKOHAMA

Current Assata opened' le Locks CuirOPOY and Fixed Deponite received for now your o skorter periods in Local Currency and Sterling ots which will be quoted on application. Hong Kong, Wh Pabruary, 1951,

HONG KONG SAVINGS BANK.

The Busia of the above Bank la conduct

ed by the HONG KONG AND SHANGHAI BANKING CORPORATION,

rblained on application.

Bule may be

FOX THE HONGKONG AND BRANGHAT

BANKENG CORPORATION.

V. M. ORAYBURN,

Hong Kong, fith Jily, 1980,

Chlet Manager.

BANQUE DE L'INDO-CHINE.

READ OFFICE:

$5, Boulevard Haussmann, Paris.

Subscribed Capital Fra. 72,000,000.00 Pald-Up Capital...Fre. 66,400,000,00 Reserve Funds .Frs.102,000,000.00

BRANCHES: Bangkok Hong Kong Quinhon. Battambang Hue

Saigon Cantho Mengtze Shanghai Canton

Nam-Dini Singapore

Thanh

Djibouti Numea Fort-Bayard Papeete Tientaln Haiphong Peking , Tourane Hankow Puom-Penh Vma

Handl

Pondichery Yunnantu BANKERS:

IN FRANCE: Comptoir National d'Escompte de Paris; Great Lyonnais; Banque de Paris et des Pays-Bas; Credit Industrial et Commercial; So- ee Generale.

IN LONDON: The National Provin cia & Union Bank of England, 'Ltd.; | Comptoir National d'Escompte de Farls: Credit Lyonnais.

IN NEW YORK: J. P. Morgan ♣ Co French American Banking Cor- poración; Gaaranty 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. BONNAUD,

KUALA LUMPUR EUCHING*

MADRAS

MANILA

MEDAN

NEW YORK.

PELING

TERANG BANGGON

BEREMBAN

SAIGON

HEMADANG

SHANGHAI

SINGAPORE

SITIAWAN

BOURADAYA

TAIPING (F.M.B.)

TAVOY

TIEN SIN

TOKYO

TONOKAL (Bhuket)

TRINGTAO

YOROTAMA

ZAMBOANGA

(Philippine island)

Foreign Exchange and General Banking business transacted.

Current Accounts opened and Fix- ed Deposits recaivel for 1 year or shorter periods at rates which will be quoted on application,

J. STUART,

Acting Manager. Hong Kong, 28th May, 1931,

-

THE NATIONAL CITY BANK OF NEW YORK.

HEAD OFFICE: 55, Wall Street, New York.

Capital, Surplus and

Undivided Profits ..U.S.$224,554,208,

Branches in

ARGENTINE LONDON

BELGIUM

BRAZIL

CHILE

COLOMBIA

CHINA

CUBA

DOMINICAN

REPUBLIC

INDIA ITALY

JAPAN

MEXICO

PANAMA

PERU

PHILIPPINE

ISLANDS

PORTO RICO

STRAITS

SETTLEMENTS

URUGUAY

VENEZUELA

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

|

Liabilities

of Shareholdera". "Surplus.

8,000,000

4,000,000

4,000,000

2,620,000

Branches," Agencles and· Correspon- dente in the principal cities" of the world.

Every description of Banking and Exchange business transacted.

TAN ENG HOOI,

Managar.

NEDERLANDSCHE HANDEL- MAATSCHAPPIJ, N.V.

(NETHERLANDS TRADING SOCIETY!""

BANKEBA

THE CHINA MAIL.

and

Commerce

Finance

EX-ENEMY DEBTS SETTLEMENTS.

British Receive Over

£96,000,000.

· EMPIRE - COTTON : GROWING.

Possibility of Further Development.

MONDAY, JUNE 8, 1931.

The various ginneries operated "]" by, the association in the Empire fields, it is stated, have produced most satisfactory results during

`BLACK RAY.

ALL FORGERY.

ADOPTED BY BANKS,

last season. The capacity avail- NEW DEVICE THAT MAY STOP able has provéd amply sufficient to deal with all requirements, and no extensions of major importance. have been necessitated: Further research work into the design and speed of gin saw teeth has been carried out in Nigeria and in other The Bank of England and the places where the local characteris-leading joint stock banks bave just ties of the cottons make expori-

adopted a remarkable device- "black light" for the detection of forgerlos, counterfeits, and fakes. The apparatus is so simple that it is certain to be adopted by every force in Britain.

mental work of this nature likely to

prove advantageous.

Effect of Low Prices. The report contains a comprehen. sive survey of the work done by the asociation during the past year in the cotton-growing Dominions and Colonies and conditions prevalling. The following conclusions are ar- rived at:-

The cotton-growing industry is passing through a severe teat in many parts of the Empire, more particularly as, for various reasons, the prices which are charged to the consumer for manufactured goods. have not fallen proportionately

-

The uses to which it can be put in the protection of the public and

it is only a matter of time before the shopkeeper are so varied that

it will form part of the equipment of every shop and counting house.

Ultra-Violet Light,

In spite of the unfavourable con- The tenth annual report (for the ditions in the Lancashire cotton year ended December 31, 1930) of industry and the consequent decline the Controller of the British Clear In the consumption of raw material. ing Once, the Administrator of the marked increase in the growth German, Austrian, Hungarian and of Empire cotton, during recent Bulgarian Property and the Direc years has been maintained, accord. tor of the Russian Claims Departing to the annual report of the Bri- ment has just been addressed to thetish Cotton Growing Association President of the Board of Trade.

for the year ended December 31, It states that there were, 1930. Mong Kong Offon-11, qua's Road Osoit the time the report

The report gives an extract from sued, two. British claims the proceedings of the Imperial for £38,406 and

Ger Economic Conference held in Lon with the raw material. Very little electric light from which all the man claims for 104,269 under don in October last, which states more can be done in the way of re-white light has been eliminated by a Article 297 for £838,318. Of these that in India at least one and three-ducing transport and handling Alter. The remaining "black" or 19 outstanding claims 14 were re-quarter million balea of stapled charges on raw cotton, so that, un- ultraviolet #ght -directed on any ferred to the Anglo-German Mixed cotton suitable for the machinery of

at once evi-

Establlabad 181.

Asikorisad „Capital Gulider 180,000,008- (419,800,000.) Fald-Up Capital Oulders 30,500,000

Basiera Fund mano Cellders" £4,016,000

(46,000,170)

(43,314,580)

Head Ofori-AMSTERDAM' Easter Hand Offon :-HATAVIA. DRANOKES... Baadļumasla, Bandoong, Bombay,

Delocita, Charbon, Diamber, Djaki Jakaria", The Bagus”. Jadik, Kobe,

Kota-Radja, Melasecz, Medan, Padaar Fontianak, Bangoon, Betardam

Palembang, Pekalongan Penang.

Samereng*, Shanghai, Bibolgi Bingapore. (Humaira),

Boarskarta (Bolo), Tegal, Tio and

Waltevreden.

• Those oflces,karu safe deposit borse, to lat. Landon Beckers--Nationsi Provincia) Bank Ltd. Correspondents all over the world Banking balnet of res

description Iransacted. "

A. STOKKINK.

Hong Kong, ta avgust, 1000,

Wanger.

THE BANK, OF CHINA,

行銀國中

15

Arbitral Tribunal.

nine

Was

A reference is also made to the

try-in the more remote areas cannot less conditions change, the Indus-

e carried on at a profit, and it Is necessary to concentrate on those districts which are adjacent to the railways.

j'

Lancashire are produced annually. There was a very considerable 445 memorials presented to the reduction in. the spot sales of Mixed Arbitral Tribunal by British American cotton in Liverpool dur. nationals resident in Tanganyika ing the twelve months ended July. principally in respect of currency 31, 1930, it is added, the total being

"For the time being the offtake notes issued by the German author, 665,100 bales, as compared with of cotton is much below normal, but ities during the War. Amicable

996,770 bales for the year ended when an increased demand comes settlement were arrived at in most July 31, 1929, showing a decrease about the cotton trade of Lanch- cases, but some were still the sub-of over 33 per cent. On the other shire can render great assistance ject of proposals for amicable set-hand, the spot sales of Empire and by giving preference to those types {tlements.

other outside growths of cotton dur.which are now produced in tho A total of 382,464 British and ing the same period increased by Empire in commercial quantities. German claims for £211,110,057 has more than 20 per cent., from 569,970 There is no doubt that very satis been dealt with by the Clears bales to 686,080 bales. For the factory results have been obtained Office, and £86,200,555 has been first time the sales of American cot by those who have had the fore- pald to British creditors and clafton were exceeded by those other sight to use Empire cotton in the anta against. Germany up to the varieties of cotton.

past date of this report in respect of

Reorganised October 28, 1928, under 18.378 cases. There were still out-

*

special charter of The National Gov-standing before the Tribunal 35 ernment as an

CR808. German Claims admitted numbered 173,887 for £22,070,800 of principal and interest.

German Property.

INTERNATIONAL EXCHANGE

..$25,000,000.00, ......$24,710,200.00 $8,820,503.32

BANK. Subscribed Capital Pald-Up Capital Reserve Funds

HEAD OFFICE: SHANGHAL

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

·Cotton Märketed.

The increase in the consumption of Empire and miscellaneous growths," the association asserts, "is most gratifying, in view of the depressed state of trade during the year, and is proof that the cotton is superior in quality and value in comparison with American

There

The device consists of a beam of

substance will detect

of the

dences of forgery and adulteration. though they may be invisible to the naked eye.

Astounding examples efficiency of "hack" light were shown-to

a "Sunday Express, re- presentative

The operator directed the beam to his mouth. His natural teeth

appeared vividly white but two per- fectly matched false teeth were a dark yellow.

A counterfeit si note which had cluded the vigilance of bank, ex- perts was placed alongside several genuine notes. Under the invi- "The accounts for the year show "gible ray the tint and texture of loss of £20,522, after making pro- the forgery were seen to be dif vision for depreciation and reserv-ferent from those of the real notes. ing £1,467 against bad debt and £7,441 against investments. The loss is attributed largely to the per-j sistent fall in cotton values.

POSTPONED TO BEGINNING OF NEXT YEAR.

"Quebec,. Yesterday,

Forged stock certificates, alterad cheques, and faked stamps were in turn instantly revealed by the beam. Demonstrations with rings and necklaces showed the presence of false diamonds and pearls, and

to touch or sight, werò detected by their reaction to the "black" light."

In regard to German property since the date of the report a fur- are distinct possibilities for further ECONOMIC PARLEY, counterfeit coins, indistinguishable ther £2,756,577 has been credited development in the use of these as proceeds of liquidation under types of cotton, which should show Article 297 (h) (I), making the profitable results to spinners and total credit £58,825,931 for account manufacturers who are prepared to

Cheques 'Protected. of 42,701 German Nationals. cater for specialised business in

"There seems hardly a limit. to We are also able to offer pur.

Cas- Owing to our numeroas branches in The release of property under certain Colonies and Protectorates.

the possibilities of 'black' light in tomers the services of the Branches China and large connections in the imthe United Kingdom agreement be- The quantity of cotton” marketad

crime prevention," said the demon- of the International Banking Corpora- portant commercial centres of the

strator. "Cheque forgeries, for tion in San Francisco, and Spain and world, we are able to extend to our tween the Government of Great by the association showed a de- nise-of The National City Bank of clients special facilities for domestic Britain and Northern Ireland and crease on the figures fer recent The Premier, Mr. Bennett, has example, could be rendered Impos Now York (France), 9.A., in Paris and foreign banking and exchanges.

the German Government dated De-years, and the value was also lower. confirmed the report that the Imable by a signature or mark in We also handle the lasue of Bonds cember 28, 1929, te now proceeding. The number of bales and value of perial Economie Conference, ar invisible ink in addition to the ese Government both at home and and property, to the value of £681, the cotton dealt with during the last ranged to be held in Ottawa in ordinary signature, which would be

613 has been released to the former six years is as follows:-

August, has been postponed, main revealed by the violet rays. SHOU J. CHEN, owners since August 81, 1929, when Year.

Bales Value. ly owing to the pending elections Manager. further liquidations were suspend-1925

84,320 £2,502,967 in Australia and New Zealand. Hong Kong, 5th March, 1031.

jed pending the negotiation of the 1926

.135,522 8,368,740 The date of the renewal of the popular with motor-car bandite, can agreement.

171,600 6.012.084 Conference discussions has not be secretly marked, and when they 124,182 4,160.019 yet been fixed but it will most like-! are discovered after a theft their .124,790 3,683,587 ly be the beginning of 1982. Identity can be at once establish-

'and Nica.

F. McD. COURTNEY,

Manager. Hong Kong, 20th February, 1831.

ΤΗΣ

AMERICAN EXPRESS COMPANY,

INC.

Head Office: 65, Broadway, New York.

Manager.

Hong Kong, 1st May, 1931.

Capital Surplus Reservos

THE YOKOHAMA SPECIE BANK,

LIMITED.

Established 1880.

Capital (fully paid-up) Yen 100,000,000 Reserve Fund

Yon 115,000,000

Head Office:-YOKOHAMA.

Branches and Agencies at:

Manila Nagasaki Nagoya

Alexandria

Batavia

Berlin

Bombay -Calcutta-

Canton Changchun

Dairen (Dalny).

Newchwang Now-York- Danka

Peiping Rangoon

Fengtion (Mukden) Rio de Janeiro

Hamburg

Hankow

Harbin

Kong

Kal Yuen

Karachi

Kobe

San Francisco Seattle

Semarang

Shanghai Shimonoseki Singapore Soerabaya Sydney.. Tientain Tokyo Tsingtau Interest allowed on Current Ac counts,

London

Los Angeles

Lyons

- Deposite received for "ized periods at rates to be obtained on application.

...H. MOBI

Manager,

Hong Kong, 11th April, 1981,

.U.S.$0,000,000 U.S.$1,572,454 .U.S.31,908 209

Tenens Inking.

and other. 'Púbile Funds of the Chin-

abroad.

1927 Previous to that date property to 1928

THE BANK OF CANTON, LTD. the value of £6,058,079 had been re- 1929

Established' 1912.

Read Office: Hong Kong. Authorised Capite (EE. Ouray) $11,000,000 Paid Up, Capital

$6,000 Reserve Fund Autobusine 1,100,000

BRANCHES:-

Oasion, Bhanghai, Hankow, Swalow, Bangkok, New Tack and San Francisco.

CORRESPONDENTS

LONDON DANKERS ---

The Lloyds Bank, Latihad

principal cities of the World

Foreign change and banking budową of very description traced

leased to former German owners 1980 on compassionate grounds, thus the total value of German property re- leased to date is £6,780,692, which represents more than 10 per cent.. of all German property dealt with under the Treaty.

The Department han dealt with 27,655 British and Austrian claims. for £26,228,001, and a total sum of £6,095,835 has been paid to 9,689 British creditors and claimants against Austria. Austrian claims Chief Manager. numbering 5,212 were admitted, In-

volving: £1,144,300 in respect principal and interest.

Bale Deponik Barse (raziosa alsas) si a pourly ennial of from 35 to $40.

BRANCHES-

La

Atauluriam

Genos

Antwerp

Olasgow

Nin Kaplan

Abona

Lavion

Piezas

Berlin

Dista

Bemsey

Bras

Haburs Натто Interlaken Jarualem Lido

Brunal

-Landos

Fatormo Botterdam Eam

Вылов Дем Caled Calcasie Ced

Liverpool

Luostos

Luxor

Constantinople Copenhage Palmbury

Florence Geders

Logan

Marselis itonte Carlo

Manila

Muntel

* Monteynz Mitaa

Etamboul Shanghai

hom Bungapore St. Morits

Tintain Vietna Texion Yokohama Eurich

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

handled.

LOOK POONG BHAN,

THE BANK OF TAIWAN, LTD.

(TAIWAN GINKO.)

HEAD OFFICE:-Taipeh, Formoss.

Incorporated by Special Imperial Charter, 1899.

Austrian Debts.

of

Up to date, credits.for a total of £5,782,973. have been notified under Artiole 249 (n) (I) to the Austrian Clearing Office in respect of the realisation of charged Aus Įtrián nationala, while proceeds and property to a total of £3,729,214 Boise sided Average amount J have been realised to 2.118 claim-

BRANCHES AND AGENCIES. JARÁN 1-TOKyo, Yokohama, Kabe, Osaka.

ants who have proved-that they did FORMOSA-Glan, „lag, Karenko, Kaslong,

Makong, Nanio, Shinshiku, Taicko, Tainot possess Austrian nationality on

Toes, Helio, Tallo, Tak, “ Húpkow," Amor, Yoochu

the matorial dete

accounta

ΟΠΙΝΑ

Sato, Onion.

The Company offers to intending OTHERS Hong Kong, Singapore, Sourabaya 20′′ 1950, between

LONDON BANIRAS,

Becarang Batavia, Bosbay, Travellers the use of its "Travelers London, New York Daireas Chequse and Letters of Credit and in addition, the world-wide services of a thoroughly equipped Travel De- partment.

Affiliated with

THE CHASE NATIONAL-BANK Kesourcea Over $2,500,000,000/

C. II. BENSON,

General Manager.

THE BANK OF EAST ASIA, LTD.

Established 1918.

HEAD OFFICE::

10 Des Voeux Road, Caitral.

Capital and Burplus.

Total Resources:

Ever descrip transacte

HONG KONGERANG

Oplot

The London County, Waldner and Parr's Bank The Beak ha Ocererpondents in all the pringle Gommarnal Centre throughouś 'Uba world. à:

E. KAGUBA.

My Manager:

HONG KONG, BARCH

1. Der Your Basd Central,; Hong Kong, 19th January, 1956.

Under the agreement of January the creditor Powers and Austria- regarding re- parations, the release of property is proceeding, and property to the value of £47,821 Bs. 5d. has been re- leased to the former owners, since November 18, 1929, the date when į further liquidations wore auspend- ed. A total of £250,801 109, 11d. had, previously been released up to |that date on compassionate grounds.

In regard to Hungary, the Bri

COASTWISE tish claims lodged under Article 231

by

ALGIE" BENNETT,

An interesting, book;

Cartoons depi

China Count

PRICE $1.00,

over $8,000,000.00

Cover H:$20,000,000.00

Now on sale at

Banking and Exchange-business-

and Fixed Deposit Accounts in local and for

aign currencies opened for clients.

Account and Safe Deposit Boxes. Branches and Agencies all over the world.

KANTONG PO.

BREWERS

AWAY, LAIDLAW: EXCELSIOR BOOK STORE.

and at the Fubitakers

{ (pre-War debts) numbered 12,565, and the total of the principal money Was £6,957,089. The total admit- tod in respect of the British credit- ora concerned was £4,051,582.|--

The Hungarian claims under Article 281 numbered 1,005 and the principal money $355,986. The total admitted in favour of Hun- garian_creditors under the article was £256,227

The British claims under Article, 282 (property rights and Interests), numbered 71, and the amount was 41,050,089

In the summary

a total of $96,312,895/6

by the Department

Lanta against

Fatated that

British cla

89,350 1,785,979 Reuter:

"Any commodities such as silk, cigarettes, or furs, which

ed."

and so good to my throat!

Don't you adore that wonderful

Umbassy flavor?"

eed y caressing to my throat!”

and they're so

Embassy

YOUR THROAT LIKES THEM

are

Chief Manag

been

Share This Page