THE
Reservo Fund
Reserve Liablity of
prietors.
Pro-
..£3,000,000
HEAD OFFICE:SINGAPORE, Hong Kong Branch: 13, Queen's Rd. C. Authorised Capital Straits $20,000,000 8,000,000 Issued. Capital..... Paid-up Capital ...
4,000,000 Reserva Liabilities
11
—-of-Shareholders-,
agencies and Branches:
Surplus
ALOR STAN
KUALA LUMPUR
(hialur States)
KUCKING
MADRAS
BANKS
HONG KONG AND SHANGHAI
BANKING CORPORATION.
Aethrined Capital ... $50,000,000 Issued and Fully Paid-up, 39,808,600 Reserve Funds 1-5
Starlag. 6,500,000
Bitter......#19,000,000
Ruerra Ideralty of Peagrisio 0,060,
Bor. Mr.
HEAD OFFICE: HONG KONG.
POARD OF DIRECTORS -- Hoo
Mr. C. G, B. Marka.
Chalan..
Ian, Mr.J. J. Palgernin, -
Deputy Chaltatem. H. Hall,
. Compton, Eq. A. Summer, Eay.
A. Lander Lewis, Exq. T. II: B. Bhaw, Xəą
14. Mlakin, Esq.
J. P. Wure. Eas.
Chlef Nanager.
V. M. Grayburn, Esq.
BRANCHES ;-
LONDON
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA, Incorporated by Royal Charter, 1852.
HEAD OFFICE: LONDON, Paid-up Capital
.£3,000,000 $4,000,000
AMRITSAR BANUKOK BATAVIA BOMBAY
DALCUITA
CANTON
GAWNPORR
CEBU
COLORED
DAIREN (Delay
Bouth Manoud)
DELI
HAIPHONG
HAMBURG
HANKOW
HARBIN
(N. Manchuria)
NEW YORK
•PEKING
PENANG
BANODON
THE HO HONG BANK, LTD.
(Established 1917.)
DATAVIA
BOMBAY
B. Pear, Lag:
AMOY
BANG KON
1.YONS
MALADCA
MANILA
MEAN (Johor)
KUKDEN
КЕМ ТОНК
TEITING
CALCUTTA
PENAND
HANUGON
PAIOON
SAN FRANCISO
CASTOR
CHEFOO
COLOMB
DAIREN
POOCHOW
HAIPHONO
VAMOURG
HANKOW
BARBIN
ཚ་
HONUKEW
NO KAMAYA
IMILU
11tl
HOLE
02
"KAWLDON-
has 1.15
NHANOWA
SINGAPUER
HUNGLI PATANY TIENTSIN
TOKYO
THINGTAO YOKOHAMA
'weat Accents opward to Local Currency
You prails realved lær one year or ter periods in Local Currency and Starting
tu vastge which will be quoted on application.
Hong Kong Pebrany, 1981,
HONG KONG SAVINGS BANK.
་
The Doninsement, the showa Bank I sanduet.
MANILA
MEDAN
SALOON
SEMARANG
BEBEMMAN
SHASUHAI
SINGAPORE
SETIAWAN
SOURABAYA
TAIPING (P.M.8.3
HONG KONG
TAVOT
ILOILO
TIENTAR
TOKYO
KARAQET
ТОМОБАП
(Dbukej
KLANG
TSINGTAO
YOKOLLAMA
KUALA KANGSAR
ZAMIRANGA
(Philippinenda
and
General
1POIL
KONE
(Petak FM.B.)
Foreign Exchange
Ranking business transacted.
Current Accounts opened and Fix- ed Deposits received 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..
all the HONG HON AND EASQUATCapital, Surplus and
BANKING CORPORATION.
Maius spplication,
Dalat my be
FOR TUR HONGKONG AND SHANGHAI
KASPING CIAPODATION, -*-
V. M. GRAYBURN
Blond 18th July, 1006.
Chin Stansese
BANQUE DE L'INDO-CHINE.
HEAD OFFICE:
94, Boulevard Haussmann, Parls.
Seberibed Canitni, Frs. 72,000,000.00 Pald-Up Capital...Frs 68.400.000.00 Reserv Pals ....Frx.102,000,000,00
BRANCHES Bangkok Hong Kong Quinhen
Shigon Battambang Ilus Canthe long to Shanghal Nam Dinh Singapore
Thanha Num:en
Tientsin Haiphong
Tourang Bankow Paan Penh Vịnh
Pondichery Yunnanfu BANKERS:
Canton
Djibouti
Fort-Bayard Frpecte
Hoo!
Peking
IN FRANCE: Comptoir National d'Escompte de Paris; Credit Lyonnais; Banque de Paris et des Pays-Bas; Credit Industriel et Commercial; So elate Generale.
IN LONDON: The National Provin- Cia & Union Bank of England, Ltd.; Comptoir Nations: d'Escompte da Paris; Credit Lyonnais,
IN. NEW YORK: J. P. Morgen Co. French American Banking Cor- poration; Guaranty Trust Co. of New York.
Intareat allowed on Current Ac-
•*counts and Fixed Deputils acconling.
to arrangemonta.
Every description of Banking and Exchange Business transacted. Soto Deposit Boxos to let.
A. BONNAUD,
Undivided Profits.. U.S.$220,037,392
CHILE
Branches in:-
LONDON
MEXICO
PANAMA
PHILIPPINE
ISLANDS
ARGENTINE
BELGIUM
BRAZIL
PERU
CHINA
COLOMBIA
CUBA
PORTO RICO
STRAITS
REPUBLIC
SETTLEMENTS
URUGUAY VENEZUELA
DOMINICAN INDIA ITALY JAPAN
Commercial and Travellers Letters of Credit, Travellers' Cheques, Bill of Exchange and Cable Transfers bought and sold. Current accounts and Savings Bank accounts opened and Fixed Deposits in local and for. at rates that olga curreneles taken may be ascertained on application to the Bank.
*
4,000,000. 2,628,000
Branches, Agencies and Correspon- dents in the principal elties of the world.
Every description of Banking and Exchange business transacted.
TAN ENG HOOI,
Manager.
NEDERLANDSCHE HANDEL- MAATSCHAPPIJ, N.V.
AARTHĖRIANDA TRADING BOOCET Ci
BANKERS
Established -1834
Brag Kose dos:-18, Qussa's Hond Ceraf. bestond Capital Gaindari 180,500,604
DRTH,800,000,1
Paid Up Capital nga Quiller 0,130,00
Zes
Fund Gildam 40,016,000
108,009,170)
(4)
d One-AMSTERDAM Eastern Head OS::—BATAVIA,
BRANCHES Broderseniz. Badang. Bombay
Coula, Charibon, jambsc, "Djak
Walconredua.
• Thus then hava sale, dappati loses to Lacrou Rankar-Netloant Provincial Bao), 242 Correspondente all over the world Bioking bockage of #vari description transETIES.
MACR
CHINA MAIL.
Commerce and Finance
NEEM OIL SOAP.
Successful Research in Bengal,
How neem oil can be utilized in the manufacture of washing soap has been demonstrated in the chemical laboratory of the Bengal Industries Department.
QVERSEAS TRADE.
THURSDAY, JULY 2, 1931.
BUREAUCRACY IN
INDUSTRY.
100,000 Committees Set Up.
The possibilities of effective co operation between industry and labour were discussed by Sir Ernest Benn, who addressed the
Value of Salesmanship conference of Rotarians of Great
and Efficiency.
Britain and Ireland at Llandudno. He said that in the last few years we had multiplied indefinitely the number of trade union officials,
Mr. Loglie Gamage, secretary and and employers seemed to have gane a director of the General Electric on trade committees. He had Company, in a paper on "Export produced a sort of second-class Problems" at the Chartered Secre- Civil Service in industry. It might taries Conference in Birmingham be described
дя "Kitchenor's
The chief drawback of neem oil pointed out that the production of bureaucracy," and added to the ex- is its silour, but experiments have, goode for overseas markets made, penses of industry in that way. In proved that, by a chemical procesa, in many cases, such a considerable the industrial sphere alono no this defect can be remedied. contribution to factory overheads fewer than 100,000 committees had Neem oil, that is the oil of the that without it efficient production been set up. It might be said that seed of the neem fruit, is fairly for the home market would be ex-British industry had laid down well known, but on account of the tremely difficult.
its tools and gone on committees. odour of garlic associated with it, Apart from the question of gen- We had prostituted the science the ail is not considered to be of oral efficiency, Mr. Gamage em of cost accountancy and reached a any use except in the indigenous phasised certain factors outside the stage where we had an Inflated system of medicine.
manufacturer's control, the cuma-cost, if only the accounts would This view came to be shared by lative effect of which was to make show it as an adequate justification the Imperial Institute, London, expart increasingly difficult. In for an impossible price. We had which had the all tested by a export, he stated, the price factor developed a public opinion so dense British firm of soap makers with had the greatest weight, and that and ignorant that for the most part Jeraria"." The Hagua", Jeddah, Loba, view to its utilization in soap-factor meluty was losing us ground it believed that the cost of living Kola-Radja, Afanas, Medan, making. The firm reported it to abroad. Our prices were so heavi- was an adequate justification for a Palembang, Pekalongan, PADACH Fozila Begoon Robe unfit for the purpose on account ly weighted by social charges that wage rate. Samarany", Harghal Aibat (Sumates). Singapore, Sub of the objectionable odour and the our competitive power was rapidly We had reached a stage. when Soetharts (Hala). Tegal, Thilip dirty brown colour of the soap. vanishing. We were, In fact,, en- whole industries on which the com- The neem tree is numerous and deavouring to maintain standard munity ought to be entitled to de- fairly widely distributed in India. of living in this country,which was pend had got themselves into posi- The demands for medicinal purputting our products above; the tions where they depended upon poses being extremely limited and world market price. A. STOSKINK.
the community. There should be a those for the manufacture of the Our organisations för, selling joint representative council how so-called medicinal neem soaps overseas, he stated, were of vital that industry could render greater i being still less, only an insignifi- importance under present-day con- service to humanity, cant portion of the huge quantities | ditions, but far more important of the annual production of the was the provision of the right seed is used to make the oil, the staff.. Salesmanship counted even balance being allowed to run waste.
not easy to find men with the The oil received the attention of necessary combination of qualifica. Reorganised October 20, 1928, under special charter of The National Gov-the chemical section of the Depart-tions. A candidate for such a posi
ment of Industries, Bengal, in the tion must be (1) enthusiatle to go
A resolution providing for tha course of its, researches on the abroad; (2) an expert at his par possible applications of the loss ticular business; (3) speak the establishment of a Tariff Board of Subscribed Capital...$25,000,000.00 known indigenous economic oils in language of the country; (4) have three members, which was moved Pok-Up Capital. ... ..$24,710,200.00 the soap industry.
the mentality of the country; and by the Dominion Prime Minister, .$ 3,820,503.82
Further Research. Reserve Funds
(5) be capable of taking respon- Mr. Bennett, was passed by the
House of Commons, at Ottawa: In the light of the preliminary sibility,
The new Board is to supersede A method which he thought testa carried out in the depart- ment's industrial research labarn.likely to be successful the the Tariff Board of the previous men Government, which was abolished tory it was not prepared to accept selection of sultable young the conclusions of the Imperial born and bred in the various over-on the advent of the new Govern- Institute as the last word on the seas territories. They should be ment,
brought home and trained, and subject.
eventually be sent back as expert members of the overseas staff.
dog Koop. th Auguel. (08.
THE BANK OF CHINA.
行
中
ernment as an
INTERNATIONAL EXCHANGE
BANK.
HEAD OFFICE: SHANGHAI.
HONG KONG BRANCH:
4. Queen's Road Central,
to more than organisation, and it was
was
CANADIAN · TARIFFS
New Board with Greater Powers.
Owing to our numerous branches in
According to the statement of We are also able to offer our Cus- China and large connections in the im- tomers the services of the Branches portant commercial centres
It was further apparent that for
Mr. Bennett, the new Board will! of the
have somewhat enlarged powers of of the International Banking Corpora- world, we are able to extend to our the Indian soap industry the oil
Investigation and executiva func- tion in San Francisco and Spain and clients special facilities for domestic was particularly useful as it field-
Secret of Success. also of The National City Bank of
and foreign banking and exchanges.
tions. The previous Board bad Complementary to the overseas only a fact-finding function, We also handle the issue of Bondseda soap of a fairly hard consis
Ad- New York (France), S.A., in Paris
and other Public Funds of the Chin. tency, a property in which the and Nico.
F. McD. COURTNEY,
eBo Government both at home and majority of the Indian vegetable organisation, there must be estab-vising the Minister of Finance of Manager. abroad.
lished something equally im- relative data upon which tariff oils was found to be deficient. Hong Kong, June 36, 1931.
The deodorization was, of course, partant, an efficient oxport service changes were made by the Govern- department in the home organisa- ment. The new Board will be a the chief problem but after per- sistent efforts made in the laboration. Success or failure in export "Court of Record," exercising same tory, the department has at last depended to no small extent upon of the functions now vested in the been successful in devising a very a host of details, such as punctual officials of the National Revenue
THE
'AMERICAN EXPRESS COMPANY, INC.
Head Oace: 65, Brondway, New York.
Manager.
Hong Kong, 1st May, 1931.
Capital Surplus Reservės
THE YOKOHAMA SPECIE BANK,
LIMITED.
Established 1980.
Capital (fully paid-up) Yen 100,000,000 .Yon 115,000,000 Reserve Fund
Head Office:-YOKOHAMA.
Branches and Agencies at:
Alexandria
Batavia
Berlin
Bombay
Calcutta
Canton
Changchun
Dairon (Dalny)
: Manila.
Nagasaki
Nagoya
Nowchwang
Peiping
Fangtien (Mukden) Rio de Janeiro
Hamburg
Hankow
Harbin
Seattle
New York Osaka
Rangoon San Francisco Semarang Shanghai Shimonoseki Singapore Soerabaya Sydney Tientsin Tokyo Tsingtan Lyons
Interest allowed on Current Ac- counts
Hong Kong. Honolulu Kai Yuen
Karachi
Kobe
London
· Los Angeles
Deposits received for fixed periods at rates to be obtained on application.
EL MORI
Manager.
Hong Kong, 11th April, 1981.
Asnelerdam Antwerp
Dala Dalia Barrie Bombay
Druels Busace Airsa Cairo
CALL
Bremen
.U.S.$8,000,000 .U.8.$1,672,454 U.S.$1,908 209
DRANCHES:-
Naples Pur
Park Penang
Paking
Falarma
Donos
H&TADE Lamborg BJAVIO Interlaken Jerusalem tido London Liverpool Lect Lugsoo Lako Marelles Monte Carlo Wanlin
Henfsh Mootres Milan
Botterdam Bowse Bamboul Eaen ghal saqlampias Singapors Bt. Morita Tiantain Viansa
Tenis
Yokohama Zurich
Dolpinba Constantinople Copenhagen Edinburgh Floreno Gabe
Branches of American Express Company in Principal cities of Unit ed States of America and Canada.
SHOU J. CHEN,
Hong Koag, 5th March, 1981.
Manager.
THE BANK OF CANTON, LTD: simple method for the purpose. Ity in delivery, packing and strict Department, and alsa combines the
Established 1012
Head Office: Hong Kong.
Authorisid Gaglia” (H.I." Guiray) #11,000,000 Paid-up Capital Bear Fund
BRANOR Bangkok, New York and Bau
CORRESPONDENTS
LONDON BANKERS:-
The Lloyd's Bank, Limited
8,685,000 3,100,000
1 i pripoipal ailies of the Wald Forsign simhange and banklag bunina of Grey demaription financiad.
Bata Deposit Boxes (vanasa dipan) at a pearly catal, of rota $4 to $10.
Valuable Discovery.
L
CLAREMONT
PRIVATE HOTEL. Austin Road, Kowloon. (Facing the Kowloon Cricket Clab. Four minutes from ferry by bus.)
Suites of rooms (single and double), hot and cold water system, all modern sanitation, private bathrooms attached.
· EXCLUSIVE TABLE
.. entirely, under European
management. Hotel has a splendid aspect in one of the finest locations in Kowloon, away from noise, yat easily accessible.
Terms vory moderate. Reserva- tions by letter or cable.
CLAREMONT
- Tels.: 57889 & 57385 (Private). Telegraphic Add.: "Fern" H.K. Our motto is "SERVICE."
OUR
LADIES' TAILORING
DEPARTMENT
undertakes to execute ordern
FOR MAKING DRESSES &
GOWNS on latest styles with-
in 18 hours.
|LOVELY SILK STORE No. 2, Stanley Street. Tel. 22100. (Adjoining D'Agullar Street.)
PHOTO - SUPPLIES
Kodaks and Cameras. Films, Plates and Papers, etc.
Developing, Printing and ́
Enlarging.
:::
ZIESS and BUSCH FIELD GLASSES
Price. Moderate.
A Trial Order is Solicited.
A. SEK & CO.
Tel. No. 28469.
26A, Des Voeux Road, C. Hong Kong.
ALEXANDER'S
INSTITUT DE BEAUTE,
According to this methad no less observance of shipping instructions investigation branch of the Labour than thirty per cent. of this oil on the one hand, and on the other Department.
It will report direct to the Minia can be used in admixture with the provision of a continuous flow: other oils and fats to make by the of information to the organisationster of Finance in respect of tariff recommended, and. its' grained process, an odourless wash-overseas to ensure not only that changes
cream they were kept fully informed of functions will include the in- ing soap of the very pale Cato Shanghal, Bankow, usually associated with good wash-the newest developments but also vestigation of the costs of raw always felt that 'they wore in the material in Canada, compared with rascisoning soaps in India.
closest touch with the home or those of other countries, with the ganisation. That was essential to correlative international costs of the success of any salesman abroad, manufacture and distribution, both
All our efforts, he concluded, whole-sale and retail.
The Board is empowered to hold should be concentrated upon the
Business alttings in any part of Canada as furtherance of export. was becoming less national and the occasion requires. A Bill based more international. unrestricted production and of un-ed in the House of Commons short- restricted competition to sell the ly.
The former Premier, Mr. Mac-) product was at last being realised. Arrangements were being made in kenzie King, criticising the resolu the form of trusts, cartele and re-tion, said that the previous Tariff: atrictive agreements affecting pro Board had all necessary functions, Lantrous O Permanent, Finger and ducers in all countries, and in such but apparently, Mr. Bennett in Marcel Waves Hair Cutting and arrangements the aim of every abolishing it on his advent to Manicure for Ladies and Gentlemen. participant was to secure a quota power desired to have a free hand Pedder Blög, 1st Floor. Phone 25169. of the business offering, and as a to make drastic tariff changes Opposite entrance. Hong Kong Hotel. rule the quota allotted was based pending the creation of a new
A VISIT WILL CONVINCE YOU,
LOOK POONG SHAN,
Chief Manager.
THE BANK OF TAIWAN, LTD.
..(TAIWAN GINKO.)
HEAD OFFICE:-Taipeh, Formosa Incorporated by Special Imperial Charler, 1899.
All classes of Commercial Banking Bank Notes ed Average amount X. $5,000,000 Transactions undertaken.
Personal investment handled:
Central Badă la Forma
BRANCHES AND AGENCIES: JAPAN -Toya, Yokohama, Loba, Vaska.... accounta❘ FORMOSA 1— Ukwo, • Hagi, Kuven
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 De- partment
Afiliated with
THE CHASE NATIONAL BANK
Over G$2,600,000,000
Resources
C. E. BENSON;
General Manager.
THE BANK OF EAST ASIA, LTD.
Established 1918,
HEAD OFFICE:
10 Des Voeux Road, Central,”
Burn
HONG KONG
tion of Bankingosno:
Ted Dapoelt Roo
ened for alle
Agoncional
OTHER BOD
Makong, Nanio, Shinskiten, Talaku, Tables Takao," "Tameol, Town, Hotto Tako, j OZINA :—Bhanghai, lankow, "Amoy, Foonhaw,
Swalow Denson, and Semarang Estays, Outer
Bin gupor, Sourhaya,
EUTRA
Loudon,How Tork, Dalian
LONDON BANKED 4
The London County Waciminster and Patri Bank
2.
In view of the fact that soap in never made from a single oil or fat but invariably from a carefully selected mixture of fats and oils, the oll that forms a third part of the entire charge must be locked upon as a very important ingredi. ent and capable of being used in considerable quantities.
The proper use of the oil in the soup industry will stimulate its production and thereby help to solve the widespread unemploy ment problem by, finding remunera
tive work for many.
AHMEDABAD MILLS.
Conference on Strikes: and Drink Evil.
The folly of on the resolution will be introduc-
on the business previously done by Board. The resolution was passed each. The fight, therefore, was not without a division. nierely for markets but for the
CHARGES MODERATE"
establishment of positions which. The extension department of the would produce the maximum quota Holstein-Friesian Association an- BUEN A joint conference of the mam-in the event of an international'nounces that the two-year-old bers of the Managing Committee of arrangement. The business we got Holstein helfer, Braeburn Me-
The Bank has Compondasie to all the principe the Millowners Association and the to day would determine the busi Kinley Korndyke, bred and owned
Oummaroll Centres throughoud the world.
'K. KADURA.İs
ZONO KONO BRANCH LAD
3-Dog- Vœux Road Destek Rong Long 19th January 1929
YOU
Advisory Committee of the Textileness we should get to-morrow.
Labour Association has been seek.
ing a settlement of the outstanding labour disputes and questions such
as housing, weekly payment of
wages, advances of money to opera
PAPER TRADE.
tives of fills without interest, ze Japan Taking Lead moval of bribe taking in mille, abolition of night work, prevention
ARE INVITED TO INSPECT OUR of unauthorised atrikes, removal of
STOCK OF
ASIATIC FOREIGN AND
COLONIAL
POSTAGE - STAMPS
IN SETS, SINGLE PACKETS, DAGS AND IN APPROVAL SHEETS",
the drink evil, etc.
China
by B. H Thomson of Boharm, Saak, and a daughter of the famous cow, Canary-Korndyko Al-¦; cartra, that was sold to the Sas katchewan Government, for $10,000: a year or so ago, has just finish in ed her first lactation period under
the official test in the 365 day divl Sion of the R.O.P. with a produc- tion of 13,620 lb. of milk contain- Ing 620 lb, of butter, giving her
The conference has appointed a Japan has been taking the load an average, test of 8.85 per cent. sub-committee to suggest ways and in Imports of paper to China since fat
means for construction of houses for the silver depression, according to
the workpeople on a co-operative reports demanating from Chinese Hon. B. G. Mackenzie, Minister basis. With regard to drunkenness, paper merchants.
of Mines and Natural Resources,
COASTWISE
ALGIE” BENNETT:
An interesting book: of Cartoons depicting Happenings on the China Coast
PRICE $1.00.
the conference has decided to cir Since, the silver decline, prices for Manitoba has announced plans cularise the mile to take stringent of British, German, and "Swiss to develop "Manitoba, fisheries and Now on sale at measures against those workmen paper have been rapidly soaring) to assist fur farming so that both who drink and to stop the unlicensed Japanese paper dealers, however, may be established among the lead- BREWERS Bale
awls being not required to pay export ing industries of the province. It WHITEAWAY, LAIDLAW
prised taxes, are able to maintain the be fixed for
GRACA & CO.
Stamps,
strikes,
limita
befor
ginal prices, which are usually aur
than those
native-in
apoz
ofort to
paper stocks on the Ing the ?
pant supplies about
“Agilcultural
cher con under the
Fauslited superv
sted
EXCELSIOR BOOK STORE.
and at the Publishers
nterpri
Newspa
Ching Mall