BANKS S
HONG KONG AND SHANGHAI BANKING CORPORATION.
Kulkarni Capitai
Issued' sač Fully Pallap Boervo Panki (—
Sterling Biler Barre
1
6,500,000 1,000,000
640,000,00
skills of Propriators ---- 890,006,006
HEAD OFFIOR: HONG KONO.
BOARD OF DIRECTÓRI (—.
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA. Incorporated by Royal Charter, 1855.
·HEAD OFFICE: LONDON..
Paid-up Capital
Reserve Fund
Reserve Liability of Pro
pristora
ܕ ܂
THE CHINA MAIL.
THE HO HONG BANK, LTD.
(Established: 1917).
HEAD OFFICE:--SINGAPORE.
Hong Kong Branch: 13, Queen'e Ed. LIRI
Commerce and
Finance
£3,000,000 Authorised Capital Stratts $20,000,000 REVISION OF WAR
84,000,000 Issued Capital
Paid-up Capital ........ Liabilition
43,000,000 Reserve
- Agencies- und Branches: ATOR STAR
SANA KUALA LUMPUR
PERING
PENANG
BANGOON
BAICION
BEMARANG
Elon Mr. 0. G. 9, Mackla. Chairman.
· Hon. Mr. J., 3. Paterson, "Deputy Chalman,
HE Mr. 17. H. Dit, T. 2. Poirce, B
a. Dompion, Zaq. "J. A..Plummer, Esq.
8. Laadse Lewin, Esq. T. H. 3. Haw, Mos.
Ə. Miskin, Esq.
AMOY
BANGKOR BATAVIA
J. P. Wara, Jaq
• Chist Manager.
V. M. Grayburn, Reg-
BRANCHES :--
LONDON
• (Malay Staica)
BANGHON BATAULA. BOMBAY DAL GUITA CANTON CAWNPORS CEBU
COLOMBO
DAIREN (Delay
Bouth Masuria)
DELHI
HAIPHONG
KUCHING
MADRAS
|_ MANELA
MEDAN
NEW YORK
HAMBORG
ПАККОН
KELBEN
IN, Manoharis)
EGMD YONG
LYONS
MALACOA
ILOILO
BOMBAT
MANILA
IPOE
DALOUTTS
MOAB (7shore)
CANTON
KUNDEN
KOBA
NEW TORE
PELPING
OKEPOJ
COLOMBO
DAIREN POOCHOW
HAIPHONG
KAMBURU
HANKOW
НАЯВЕН
KONGIRW
IZALLO
¡POE
10Яons
KUBK
KOWLOON
KUALA LUMPUR
PENANO
RANDOON
BAIGON
BAN FRANCIS0
SHANOHA
BINGAPORE
SQURADAYA
BUNOZI FATANI
TIENTSIN
TOKYO
TSINGTAO
YOKOHAMA
J
Durrant Accounts opened la Lconi Queremey and Fixed Depoalta sosired for de yer a shorter periods in Loosi Carrsney and tierling. o Mazda which will be quoted in application
Bang Kong, Pabruary, 1985.
HONG KONG SAVINGS BANK.
The Business of the above Dank is cöödas.
ed by the HONG KONG AND BLANGHAI BANLING CORPORATION.
obtained on application.
·Balon may be
FOR THE HONGKONG AND SHANGHAI
BANKING CORPORATION.
V. M. GRAYBURN,
Hong Kong. 14th July, 1980.
Chist Manager.
BANQUE DE L'INDO-CHINE.
HEAD OFFICE:
96, Boulevard Haussmann, Paris.
Subscribed Capital Fra. 72,000,000.00 Paid-Up Capital...Frs. 68,400,000,00 Eeserve Funds Fen.102,000,000.00
BRANCHES:
Bangkok Hong Kong Quinhon Battambang Hue
Salgen Cantho Mengtzo Shanghai Canton 'Nam Dinh Singapore Djibouti Numes Thanks Fort Bayard Papeeto Tientsin Haiphong
Peking Tonrade Paara-Penh Vinh
Hankow
Kanat
Pondichery Yunnanfu BANKERS:
..
KUALA KANGSAR
(Feral FXB)
GBREMBAN
SHANGHAI
SINGAPORE
SITIAWAN
SOURABATA
TAIPINO (FMS) TAVOY
TIENTAIN
TOXYO
TONGKAH (Bhukoi)
JBINGTAO
YOKOHAMA
LAMBORKUA
(Philippine Islands)
Goneesi
Foreign Exchange and Banking 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, 29th May, 1931.
THE NATIONAL CITY BANK
OF NEW YORK.
HEAD OFFICE: 55, Wall Street, New York
Capital, Surplus and
Undivided Prants ..U.S.$226,037,392
Branches Ex
ARGENTINE. LONDON
BELGIUM
BRAZIL
CALLE
MEXICO
PANAMA
PERU
PHILIPPINE.
ISLANDS
'PORTO RICO
STRAITS
CHINA
COLOMBIA
QUBA
DOMINICAN
REPUBLIC
INDIA ITALY JAPAN
URUGUAY
VENEZUELA
SETTLEMENTS
Commercial and Travellers' Letters of Credit, Traveliers' Cheques, Billa of Exchange and Cable Transfers bought and sold. Current: accounta
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
of Shareholders Surplus
8,000,000 4,000,000
4,000,000
DEBTS.
2,526,000 Mr. W. Roy Howard's
bar Branches, Agencías, and Correspon: dents in the principal cition of the world
1
Every description of Banking and Exchange business transacted.
TAN ENG HOOL,
Manager.
NEDERLANDSCHE HANDEL- MAATSCHAPPIJ, N.V.
WHO WILL BENEFIT ?
FRIDAY
de that a number ok manufac2
| iprers and merchants should join?
together to form one or two.com- [panid do that the two branches ́of the Trade may have the same fin- Fancial interest. These new com
panies could then standardise their products and could trade mark, brand and advertise a few cloths, be
Costs Too High.
evidence that the decline which Such organisations should had existed for the past two years powerful enough to reduce the coat had now stopped. "We have been of production by pursuing a con- on a relatively even keel for some tinuous manufacturing policy. two months now," he said;-"and I have no reason to' think that there
The Mission gathered-that-the will be any further serious de- cline.
Egyptians appreciate the “quality” "But when the upward turn is of British goods but unless we can to come da anybody's guess-The meat the market in price we ball economists have failed in their lose out export trade in Egypt and gueevesind¿I'am du sure that the elsewhere. "Our coats are too public guesses will not be much high,” states the report,¿"and our Improvement uno
of the manufacturers have, no longer the upon those “A revision of War Debts will
économists.
margin of profit from which to There is an element in the write down their plant, and with never be brought about until the American public is convinced that situation that may not be general-which to risk new ventures."
It is interesting to note that the revision would bring a benent to by appreciated thore. We have a
very high standard of living. Misalon, interviewed some 400 im Romebody-elther in the United When labour was earning and reporters and exporters of all States or abroad.
ceiving unprecedentedly high nationalities during. Its stay is "Rightly or wrongly, that con-wages the country became intoxic, Egypt, and as a result it recom viction does not exist to-day."
ated by an era of prosperity, mends that the United Kingdom There was an entirely falas sense manufacturers and merchants al- Mr. W. Roy Howard, who plays of security, and a mistaken idea ready trading and those intending fazem ma considerable part in moulding that this Utopian situation would to trade with Egypt should study American opinion, made these ob have no end. In consequence, on the spot the taste of the Egyp Boy, servations in the course of an in-these high wages were easily spent tian buyer and public.
and men earning 60 and 80 dollars Catalogues, etc., should be print- n week spent $70 and $90 because ed in French as well as English. As the chalzman and editorial they were purchasing goode on the and illustrated price lists are ad- director of the Scripps-Howard instalment system. The present votated, the mass of the popula
(NETHERLANDS TRADING SOCKETY)
BANKZRA
Kataklished 126.
King Kong' (fo1=ll, Queen's Apol Dessert. Autocad Capital Guliders 188,000,000- Pit-Up Capital Guilders depan,and
www... Onliders 77412
Road too—AMSTERDAM* Kantern, Hand Ofoe:-BATAVIA, A BRANCHES --- Bandieristals, Bandung",
Calette, Cheriton, Djember, [short", The Engor,terview in London.
- İna Radja, Makame, Modik, Padaný
Prismbang. Fontana, Bangcom Metlandam Basing
Sanghat, Bibolg (Samar), Bingeporn, Bouzabala, Boerakarts (Solo), 1 Walierenden".
+
To group of newspapers-a chain of depression is to some extent due to tion being unable to read or write. the element of fear which has en. In this connection the aid of the twenty-five evening journals-Mr.tered into the minds of most cinema is also suggested, with
These allows hare sale šepoelá úctay be lak London_Baabus |--National Provincial Bank Lää. Correspondents all over the world Banking busloma Of ATAT description trusseted.
A. STOKKINI,
Kars Kơng, 18h, ângum, tos,
Марок
THE BANK OF CHINA. 行銀國中
Howard is in close touch with nations and into the five milliona "talkies" in Arabic, American opinion. He recently of unemployed in America perhaps Manufacturers and merchanta wishing to establish,business rela- acquired the New York World--the to a still greater extent,
"Then came a change of psycho- tions in Egypt should, in the first famous Pullitzer organ-which, logy, and the man who overspent instance, consider opening 4 consolidated with the New York his wages two years ago and is branch office. In that country, Evening Telegram, is now públish- still in employment is now propor- either separately or jointly, with
That,
too, manufacturers of non-competing Mr. tionately thrifty. ed as the World-Telegram.
creates depression. The American but allied goods. Those whos working men to-day have unprece business does not justify this step dented savings accounts, and those should appoint local agents, But who are unemployed are but a before doing this' they should visit fraction of the employed.
Egypt themselves and investigate
Howard was formerly manager of the United Press Association of America. He is 48 years of age Reorganised October 26, 1923, under and began his newspaper career a special charter of The National Gora reporter on the Indianapolis,
News.
ernment as an
INTERNATIONAL_EXCHANGE BANK.
+
HEAD OFFICE; SHANGHAL
Confusion on Both Sides. Subscribed Capital ........$25,000,000.00 Mr. Howard remarked that no Paid-Up Capital $24.710,200.00 change in the position. from the Reserve Funds
$3,829,503.92 American standpoint was likely to
be brought about by political ac tion. The viewa held in the Unit ed States and Europe are so wide ly divergent that it would be dim 4, 'Queen's Road Central.
cult to reconcile them at present "A good deal of confusion exists Owing to our numerous branches in China and large connectionis, in the im-on both sides of the Atlantic," he Dortant commercial centres of the observed. "I have found, for in world, we are able to extend to our stance, very little popular under and foreign banking and exchanges.
* HONG-KONG~BRANCH:
"The tendency towards thrift is on the spot the standing of the a natural one. The workman has agent or representative whom they ever spent bla Income in prosperous consider suitable for appointment, times, but when the threat of hardparticularly if credit is to be given times cams a great many saved by those having no personal know. as they never saved before.
The ledge of the market.") question is: How long will this thrift continue? In my judgment,
The Recommendations, it will last so long as depression
The recommendations and con- looms-in-the-horizon, but just-as-clusions of the Mission are; clear- soon as the clouds break and as ly summarised in the report, and soon as there is tangible evidence among the points brought out ara that the flood of unemployment the following:
has been lessened, those savings In many lines British goods are accounts are going to be unloosed too, substantial and too good for and trade recovery will become customers who value cheapness above quality and want flashy de- signs and bright colours.
IN FRANCE: Comptoir National tion in San Francisco and Spain and clients special facilities for domestle standing in Europe of the extent very definite."
d'Escompte de Paris: Credit Lyonnais; Banque de Paris et des Pays-Bas; Credit Industrial et Commercial; So- elice Gonorale.
IN LONDON: The National Previn- cies & Union Bank of England, Ltd.; Comptoir National d'Escompte de Paria; Credit Lyonnate.
IN NEW YORK; J. P. Morgan & Co., French American Banking Cor- poration; Guaranty Trust Co. of New York,
Interest allowed-on-Current Aer counts and Fixed Deposits according to arrangements.
Every description of Banking and Exchange Business' transacted. Safe Deposit Boxes to lat.
A BONNAUD,
Hong Kong, Ist, May, 1981.
1
We are also able to offer our Cas- tomers the services of the Brancher of the International Banking Corpors also of The National City Bank of New York (France), BA in Paris and Nice.
F. MED. COURTNEY,
Manager. abroad. Hong Kong, June 15, 1931
THE
AMERICAN EXPRESS COMPANY,
INC
Head Office: 65, Broadway, New York
Capital Surplus Manager.
THE YOKOHAMA SPECIE BANK,
LIMITED.
Established 1880.'
Capital (fully paid-up) Yen 100,000,000
Deale Berlin
Baby Bran
Glasgow Havsi Hamburg
Interlaken Jerumalan
Londoa
.X:3.$6,000,000 .U.9.$1,572,454 .U.5.$1,908,209
We also handle the issue of Bonds to which the American Government res and other: Public Funds of the Chin-has already forgiven debts. On ese Government both at home and the other hand, the American has
T
..
Manager.
SHOU J. CHEN,
Hong Kong, 6th March, 1991,
THE BANK OF CANTON, LTD. Established 1913.
1
Head, Office-Hong Kong..
"Authorised "Capital" (HE." Cummary) BLE,000,000 Paid Up. Copiiał piensjoner/keres 0,006,000 Baserra Fund post the 1,100,000
BRANCHES
to be educated or made to believe BRITISH TRADE WITH
that a solution of the debt. situa-
tion will make a material benefit to him or to someone else. That is the position In America, to-day., "Another idea which the Amer can holde is that...the forgiveness of further debts to Europe..would merely mean more money available to European nations to. continue their armament policy
Notwithstanding the fact that the attitude of the United Stater has been translated by the action Bangkok For Cake mad and Yels and words of our public men many, over here, appear to retain a contrary view:
· Cadison Blangit, Badkow, Iwater,
"CORRESPONDENT:
· LONDON BANKURA jam 4:
The Lord's Bark, Limited.
Le all pelepel ditle of the V7002 Va
Torsiga – Koshings, and, bathing" "Yesfans of
Bala Deposit Bonn (valozi loan) 'uh u pyndly racial of from 05 to‚00%..
LOOK POONG SHAN,
Reserves
BRANCHES:-
Naples
Para Твоное Peking
Ballardim Roma Bamboul Shanghai Bouthamptos Bangspore
..
B1. Korfts
Tiantain
bam
Fondos
Yokokime Lario
Bexle
Buon Ar
Yan 116,000,000
Cairo
Head OfficeYOKOHAMA,
Branches and Agencies at:
Alexandria
Batavis,
Berlia
Bombay
Calcutta
Canton
Changchun.
Dairen. (Dalag
Manila Nagasaki
Nagoya
Newchwang
New York:
Osaka
Peiping Rangoon
Fengtion (Mukden). Rio de Janeiro
Hamburg!
"
San Francisco Seattle Haukow Harbin Semarang Hong Kongbin Shanghai p Honolulu Shimonoseki
Kal Tuen: Singaporealt Karachi
Soerabaya
Kobe
Bydney
London Tentily) Za Les Angeland.Tokyo Kakeralk Lyons je Tangtan
Interest allowed on.
De 12 Current Ac.
counts.
Deposits received for fixed parlods
at rates to be obtained on application.
-HL. MORI,ANT Manager,
Hoog Kong, 11th April, 1931
Onionthe
CORPOR
Colombe
•
Liverpool Laura
LASSOT
Marsalis
Constantinople Moats Cele
Copenhagen
المعاي
Einburgh Manios
Fiorace Dav
6
How Branches of : American Express Company in Principal cities of Unit ed States of America and Canada.
"Transactions" undertaken, i
Personal Investment handled.
***Afiliated with con
THE CHASE NATIONAL BANK
Chief Manager.
PATH(TAIWAN GINKO.)
HEAD OFFICE:Taipeh, Formosa Incorporated by Special Imperial Charter, 1891,
Cute
Coal Bask, in Formonalek
EGYPT.
Mission's Advice to Manufacturers.
British business, men settling in Egypt should apeak French and
Arabic themselves, and should, on- able and inslet upon their juniors doing the same.
It is unsafe to give credit un less the principal or his, agent hat. personal knowledge of the febtor. Exporters should examine cere fully their methods of packing 2 ta Fedücb coat to the level of foreign packing,
CLAREMONT
10 PRIVATE HOTEL
Austin Road, Kowloon. Cipb. Four minutes from ferry. (Facing the Kowloon Cricket
by 'bas.) 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' nolae, yet easily accessible.
Terms very moderate. Reserva- tions by letter or cable.
CLAREMONT
Tels.: 57989 & 57385 (Private). Telegraphic Add,i "Forn" H.K. Our motto is "SERVICE."
Teaspoonful
or so
makes a
whisky
and
soda
great
Thirst Quencher.
OUR
No trader 6hould overlook the Appointed on December 31, 1980, by the Secretary of State for For- extreme importance of keeping his LADIES' TAILORING eign Affairs, the Mission to Egypt Promise, about delivery, t which was despatched to Inquire
Exporters to Egypt should fol into the position of trade between low the advice of the Imperial
DEPARTMENT the United Kingdom and Egypt has Shipping Committes to organise
undertakes to execute orders now Issued its report.
themselves and consider their The personnel of the Misalon in-fright problema "collectively with FOR MAKING Í DRESSES & cluded four-prominent industrial-Conference of Shipowners:
GOWNS on latest styles with *****I can åsaure you that the great | ist hänely, a Siti Arthur Balfour Manufacturers tendering for | outstanding desire of the Ameri- (chairman), Sir Alan Garrett Egyptian railway, and public works In 16 hours: can public is to see the United Anderson, Mr. W. K. Blair, and contracts of any kind should see proto nge
that the clause which we have States join with the European Mr.. Kénneth Les.
.
at Outstanding Desire,
emotions.
form.
his
(Adjoining B'Aguilar Street,)
re-
PHOTO - SUPPLIES Kodaks and Cameras, Films, Plates and Papers, etc. Developlag, Printing and.
Enlarging. 15 (1 ZIESS and BUSCH FIELD GLASSES Frica (bløderate. |-
A Trial Order In Solicited.
nations in some sclisme, some ac- The report, which is exceeding agreed with the Egyptian Govern LOVELY SILK STORE THE BANK OF TAIWAN, LTD. wity designed to provide safely well drawn up, pdiats" out that ment is included in their tender No. 2 Stanley Street, Tel. 22100.
guards against another Great Par. although our trade with Egypt la "It may be that our action in stil! more than double that of the various conferences whether they trade which Egypt does with any
"Selling Organisations. were, errors of judgment or the other nation our thrdover in 1918 Our selling organisation need for a better understanding of was very much larger in volume. quires adjustment and change to Eolikoaktionel is not fari mes tokhy In 1907 the percentage of the meet the changed conditions. All classes of Commercial Banking Bank Note inad Avagy amount Yes, 4,000,000 justify épicion of Américan sin ports into Egypt was 35.4. In retain
may have been of a nature as to United Kingdom's share in the im-- The Commercial Secretary should * DEANCHEN AND AGENCIESÍ
headquarters, at JAPAN LEW
Tokohama, Kobe, Omkal
cerity and a real Interest In the 1918 It was 30.5 and in 1930 20.3. the Residency to be near the High accounts FORMOWA
pares Abong Manko, Shicklive, Teens, frame, redhistion/offarmaments, Dub can The percentages of exports from Commissioner for Egypt, but the Secretary assure you that their Interest in Egypt in those years were: 54.8, Second Commercial CHIKI VABANEW Fachow, Amor, Fosshow, this subject is one most widespread 43.15 and 34.4.
ahould be stationed in an office in The Company offers to Itanding OTHER Hoog Kong Sapporter and deeply rooted in our national Compared with 1918, Egypt's the business contre of the town to Travellers the use of its "Travelers: Bomarenga Desario, Bombay, Chequias” and. Letters: of Credit, and, in London, Kewa aki. Pakeeza AOZAJ
purchases of cotton piece gonds in which details such na statistics, | LONDON KANKERS & in addition, the world-wide services The London Cously aimingies and Parry Man "No American politician is go- 1980 showed a decline £E691,000. credit inquiries, trade catalogues, of its thoroughly equipped, Travel De-mi partment
THE BÁRA MAN OGTTENKIN penguing to be able to adopt the policy Nevertheless, the United Kingdom etc, should be transferred.
of debt reduction until his con- in 1980 atill spold to Egypt nearly The Commercial "Secretary," as stituents have been educated to the 75 per cent more value of cotton well as the Second Commercial fact that some benefit will emerge piece goods than, Italy, her hear. Secretary, should maintain close from such a step, 'And that stage est competitor. It is quite evi-contact with the British Chamber has not been reached yet. The dent, states the report, why other of Commerce of Egypt and should American public feel that they put nations take part of our share of pool with this body all Informatión C. E. BENSON;
their money op in good faith, and Egypt's import trade. The fellah of Interest to British tradera. General Manager. Le Nalgener Cleat po that sa yet, no real reasons have wants to buy cheap cotton goods In the Interests of British indus- QCT YOU Sagoly been put forward to justify a re- and we are no longer the world's try as well as for the direct în-
vision of debts.
| cheapest producer. In coal our "ancial return; it'ja desirable that share of Egypt's total Importa, has British enterprise should take a actually increased; although the prominent part in the development Mr. Howard remarked that from value of our share-bas, decreased. of Egypt, and, if a financial group an economic point of view it bqe x4100) cold and colton is formed In Egypt, for the pure unl |might be suggested that a readjust plece goods, the sum of the re- pose, it should be Anglo-Egyptián Dustak
ment of Inter-Allied delits i might maining trade of the United King- rather than all British, chaN DE INSTITUT DE BEAUTE. or might not be a factor in the re- dom with Egypt is healthy, both Motor-car manufacturers habilitation of, world trade and in absolutely and in relation to other establish such contact with their restoring the world to the road of staff! troll oility/agents as to enable them to main prospert
Financial Co-operation Required tain a stock of cars, spares, fc., and d thus be able to give good ser street in
One of the reasons given for vice and prompt deli ade to see loss of
ashire structural steel mar that may, offefanor, nalo far too many cloths trade" by hot.
It is certain
the num
,000,000
THE BANK OF EAST ASIA LTD.
Established: 1918
HEAD OFFICE:
10. Des Voeux Hold, C
BONG KONG
ARE INVITED TO INSPECT QUE- Halt in Trade Decline.***
STOOK OF STRONA ASTATIC FOREIGN AND COLONIAL
POSTAGE STAMPS
EN BETS SINGLE PACKETS, "BAGS AND IN APPROVALI
GRACA
- I do not think the aver
America
has bo
A. SEK & CO. Tel, No. 234.9. 26A, Des Voeux Roed, C. Buy Hong Kong, the l
ALEXANDER'S
¿YOU!