BANKS
HONG KONG AND SHANGHAI BANKING CORPORATION.
Arikorized Omplied $60,500,000 Issued and Fully Paid-up $20,000,000 Reserve Fanda am
*Beling. £ 1,600,000 Mitre
10,500,000
Bonser Lilly of Irepelators 818,000,000 HRAD OFFICE) HONG KONG.
BOARD OF DIRECTORS——
Hon. Mr. O, Q. B. Mackle Chairman.
Hon. Mr. J. 3. Paterson, -
Deputy Chairman,
How. Mt. . 21. Bell, T. Peace, Mag.
the 17. Couption, Esq. J. A. Flumme, Bes.
M. Lander Lovi; Esq. T. H. B. Bar, Eng.
Mekin. Xog.
AMUY
J. 2. Warren, Esq.,
Chial Manager.
V. M. Orayburn, Ess.
BRANCHES:-
LONDON
BARUKOM
LYONG
JATAVIA
RALACLA
ROMBAT
MANILA
ALCUTTA
MUAB (Jiksen?
WARTON
MUKDEN
CHEFOO
NEW FORK..
COLOMBO
PRIPING
DAIRES
PENANG
KANGOON
ALAIFUURG HAMBUR
HAIGON
HANKOW
BDIN
HUNGLEW
ALUALU
แบม
AUBE
KOWLOON
ACALA LEERE
BAN FRANCISO
HUANOMA
KINGAPORE
SOURADAYA
NUNUEL PATANS TIENTBIN,.
TOKYO
THIKOTAU
YÜKULAMA
Gwint Arounu opened in Local Current
na Fized apolla revived for our your úr.
• perioda in Lacat Curenbey and Bang
wa seria which will be quoted of application.
Havg Rooy. Wth February, 1905.
HONG KONG SAVINGS BANK.
—Lte-Dwipass-studio_singa' heal is condunt. the HONG KONG AND SHANGHAT BANKING CORPORATION. Raine may be ghtwined on application.
FOR TUR HONGEONO AND SHANGHAI BAKING COUPONATION.
Y. K. GRAYBUMN,"
Klong Kong, 15th July, 1986.
Chief Manage
BANQUE DE L'INDO-CHINE.
HEAD OFFICE:
96. Boulevard Haussmann, Paris.
Subscribed Capital Fra. 72,000,000.00 Paid-Up Capital...Frs. 69,400,000.00 Reserve Fonds.....Frs.102,000,000.00 BRANCHES: Hong Kong Quinbon Bangkok
Saigon Battambang flue Pantho Mengizo Shanghai Canton Nam-tinh Singapore
Numer Thanha Djibouti
Tientsin Fort-Bayard Papeete
Tourans Haiphong
Poklag
*Hankow Prom Penh Vinh
Hanoi
Pondichery Yunnanfa DANKERS: IN FRANCE: Comptoir National d'Escompte de Paris; Credit Lyonnais; Blazque de Faris et dos Pays-Bas Credit Industrial et Commercial; So- clave Generale.
AN LONDON: The National Provin- cia & Union Bank of England, Ltd.; Comptoir National d'Ercompta de Parts; Credit Lyonnain.
IN NEW YORK: J. P. Morgan à Co., French American Banking Cor. paranon; Guaranty Trust Co. of New York.
Interest allowed on Current Ac- counts and Fixed Deponità according to arrangements. -
Every description of Banking and Exchange Business transacted. Safe Deposit Boxes to let
A. BONNAUD,
Hong Kong, lat. May, 1931,
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA. Incorporated by Royal Charter, 1855. HEAD OFFICE: LONDON. Paid-up Capital
Reserva Fund Reserve Llability of Pro-
prietors
THE CHINA MAIL.
THE HO HONG BANK, LTD.
(Established 1917.)
HEAD OFFICE:-SINGAPORE. Hong Kong Branch: 13, Queen's Rd. C. £3,000,000 Authorised Capital Straits $20,000,000 £4,000,000 Issued Capital
Paid-up Capital Reserve Liabilities
£3,000,000
Agencies and Branchen:
(Malay Blata)
AMRITEAD
'ALOR STAR
BANGKOK
BATAVIA BOMBAY
CALCUTTA CANTO CAWNPORE ORBU
COLOMBO
DAIHEN (Delay
Boulb Rockuria)
DELED
HAINDONG
BAMBURG
RANKOW
HARBIN
(8. Manaburia)
HỒNG KONG.
ILOILO
ПРОЦ
КАДАСЦІ
KLANO
KODE
KUALA KANGBAB
(For F.M.B.)
KUALA LUMPra
PENANG
KUCHING
MADRAS
MANILA
MEDAN
NEW YORK
PEKING
BANGOON
BAJOON
BEHRUBAN
SHANGHAI
SINGAPORE
SITIAWAN
SOURABAYA
TAVOY
BEMABANG
TAIPINO (P.M,K)
TIENTSIN
TOKYO
TOKOKAH (Bhuket)
TAINOTAO
УОКОЛАМА
ZAMBOANGA
(Philippine Islande)
General
Foreign Exchange and Banking business transacted.
Current Accounts opened and Fix ed Deposits received for 1 year DF 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 Profits U:S.$226,037:392-
Branches In:---
ARGENTINE BELGIUM BRAZIL
CHILE
CHINA
ISLANDS
LONDON
MEXICO
PANAMA
PERU
PHILIPPINE
DOMINICAN
REPUBLIC
PORTO. RICO STRAITS
INDIA ITALY
SETTLEMENTS URUGUAY " VENEZUELA
COLOMBIA CUBA
JAPAN
Commercial and Travellers' Letters of Credit, Travellers' Cheques, Billa of Exchange and Cable Transfers, "Current accounts bought and sold. 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- tius in San Francisca and Spain and also of The National City Bank of New York (France), S.A., in Farie and Nice.
F. McD. COURTNEY,
Hong Kong, June 16, 1931,
THE'
Manager.
AMERICAN EXPRESS COMPANY,
INC.
Head Office: 65, Broadway, New York.
Manager.
Capital Surplus
THE YOKOHAMA SPECIE BANK,
LIMITED.
Established 1880
Capital (fully paid-up) Yen 100,000,000 Keserve Fund.......Yen 116,000,000
Head Office:-YOKOHAMA,,
Branches, and Agencies at:
Alexandria
Batavia
Berlin
Bombay
Canton
Calcutts Changchun
Dairen (Daly) Benglien (Mukden) Hamburg
Hankow Harbin
Hong Kong
Manila
Nagasaki
Nagoya
Newchwang New YorkTM
Osaka Peiping Rangoon Rio de Janeiro San Francisco Seattle Semarang Shangha! Chimanonall Singapore Soerabaya Sydney Tientsin Tokyo Tsingtan Interest allowed on Current" "Ae- counts.
Honolulu Kai Yoen Karachi
Kobe
London
Los Angeles Lyons
Deposits received for fixed periods at rates to be obtained on application.
E. MORI,
Manager. Hong Kong, 11th April, 1981.
U.S.$8,000,000. U.S.$1,672,454 U.S.$1,908.209
Reserves
BRANCHES--
ALOEVEE
موالا
Amsterdam
Antwort
Extens
Dal
Berlin Dinerika
Tambay
Breed
Brusasia
Dambers iLavre Interlaken Jerusalem Lido Loodoa
Sup
Parle
ProAng
Faring Tulenino
.Rotterdam
Rome
Huance Ares
Ftamboul
Quiro
Calcutta
Deser
Oslobo
Constantinople
Liverpool Locorte Targano Hareales Monte Carla Maalla
Munich
Shangbad Sasthamploo Biapers SL Mari Kiralala Vianna Erlo Токобае Burich
of Shareholders Surplus
8,000,000 4,000,000
4,000,000 2,526,000
Branches, Agencies and Correspon- dents in the principal cities of the world.
Every description of Banking and Exchange business transseted.
TAN ENG HOOL,"
Manager.
NEDERLANDSCHE HANDEL- MAATSCHAPPIJ, N.V..
(HEIDEBIANDO TRADING SOCIETY;
BANKERS.
Ertablished 1831.
Hong Kong Chan s--II, Qisan's Bood Central, Authorised Capital ......... Quilder 180,000,000- 13,300,000.) Peld-Up Capital Gulides 60,000,000
Best Fund..... Guilder 0.011.00
(0,844,150
Commerce and Finance
OIL FROM COAL ›
Attitude of the Oil Companies.
veseels ordered last year, principally in replacement of older vessels of which they had disposed, were all in commission; and the tanker flest now' consisted of. 85 veasels, with a deadweight capacity of 780,000 tons.
FRIDAY, JULY 10, 1931.
Price reductions are on tos severe amitted itself to a policy of estab level to admit of their being offset | Ishing and fostering the cutting by any possible curtailment in Industry In South Africa on sound operating expenses, although all economie lines. It had, therefore, that is possible along these lines is conducted the negotiations just "being" and will continue to be done. concluded with producers, with the Fortunately the company is well result that there were sales agree- qualified, both dinancially andments regulating the quantity of technically, to maintain its pro-diamonds to be marketed from ducing and marketing positions, and January 31, 1931, to December 31, when the tide turns, as sooner or 1984. later it must, we shall be found cap- These agreements fix the quan- able of taking full advantage of it,tity of diamonds to be purchased and determined to do so.
by the Diamond Corporation dur ing each half-year, except each AFRICA. DIAMOND half year of 1931.
PACT.
New Marketing. Agreement.
Government's
The purchasers shalt not take Jess than £1,200,000 worth of diamonds, or more than £4,000,000. The Minister la to have power to cancel the agreement in the event of any breach of the torras.
in the
So far as its own.diamonds are concerned the Government, has de- cided not to participate agreements in any way, but it in- tenda voluntarily to limit its sales by the Conference producers." proportionately to the sales made
The Board of Trade at Gleichen
IN THE FICTURE! During the year, with the excepS.
tion of a brief period when certain The very keen manner in which ships were out of service, the whole the great of companies are watch of the fleet was continuously cm. ing the development of the processes ployed..
An Obscure Outlook. for obtaining oll from coal was re flected by
Sir John Cadman, Although there was not likely to G.C.M.G., D.Sc., chairman of the be any shortage of world oll up- Anglo-Peralon Oil Co., Ltd., at theplies, when he was speaking of pro-
Hespects, the chairman thought the The fostering of the Diamond annual meeting in London..
He conclud Cutting Industry has become a de dealt very cautiously with the situa- outlook was obscure. tion, pointing out that the petroleumed by saying:It has been custom finite part of the industry could obviously not hope to ary in past years to dwell briefly on programme, declared the Minister issociate its own progress from the this subject with auch precision as of Mines in the House of Assem- effects of what he might call the in- the prevailing circumstances might bly, South Africa.
The statement was made in an- These, however, are cloudy dustrial anemia with which the admit.
It had, days, and, as will be realised fromnouncing the details of the diamond world is afflicted to-day. however, its own special problems, what I have already said the out agreement just concluded between received a report the other day on Results for some the Government and the diamond a tree planting campaign and is the solution of which was rendered look is obscure. yet mare imperative and urgent by monthe past are by no means what interests for the purpose of reliev-recommending to the citizens the at O-AMSTERDAM”
the impact of those adverse exterior we could have wished them, and 1 ing the tension in the diamond in-planting of many hundreds of trees Eastern Head Office —BÁTA VIA.
this year, the trees to be secured forces, and that very impact should am unable at the present moment to dustry. BRANCOME (– Bandjarmasin, Bandosus". Bombay,
that an early The Minister of Mines said that from the Canadian Pacific's forestry Calcaits, Oketbon, Phamber, Dalead to a greater concentration of give any assurances starts The Hague Jadda, Kobe, efort within the industry itself to Improvement can be counted upon. the Government had definitely com- department, Kola-Badja, Maksamar, Maden, Padang Palembang Pekalongan, Penang exploit every possible means where- Pontianak, Rangoon, Rotterdam". Bamuning", Bangkal bab, equilibrium could again be es (Jamaica). Bingapor Submi tablished. En solving the problems Boerskurts (Bolo), Tagai, Tillajap kar Walterceden",
of their own industry they might hops to contribute to the solution! of the world problem.
Proceeding he there are many difficulties ahead, but, taking the long view, no indus try is more assured of its future than ours. Notwithstanding the great recent discoveries the United States, which have done much to falsify previous prophecies Beef Sirloin
Prime Cut respecting the paucity of the world's oil reserves, and whilst a
Corned " reserves in the of these census light of to-day's knowledge, would reveal enormous potentialities, it ornment as -AN
INTERNATIONAL EXCHANGE would be unwise to assume an un- limited abundance of taut naturai Subscribed Capital....$25,000,000.00 crude which now so freely flows to it As time goes on ...$24,710,200.00 the surface. Paid-Up Capital Reserve Funds .....$ 8,820,503.82 may be necessary to supplement the easily won supplies of to-day and to-morrow by turning to less acces. sible reservos whether buried more deeply below the earth's surface than our technique has yet been able to attain, or deposited in landa which at present are too remote fur profitable exploitation.
HONG KONG MARKET PRODUCE.
› Thase ofona hara arša deposit boxes so let. Laufen Banken:--National Provincial Bank Ltd.,
L'arrespondesia N1, the world
Banking buisse of every description uransacted.
A. STOLKINK
Hong Kong, 18th Auguri, tomo,
Manager.
THE BANK OF CHINA.
行銀國中
Reorganised October 28, 1928, ander special charter of The National Gov-
BANK.
HEAD OFFICE: SHANGHAI,
HONG KONG BRANCH:. 4, Queen's Road Central.
"
said:-Clearly,
Owing to our numerous branches in China and large connections in the im- of the portant commercial centres world, we are able to extend to our Oil derived from any of these clients special facilities for domestic sources must inevitably cost much
abroad.
H
Bossi
-
Breast
» Soup
Steak
Π
J
Steak Sirloin
量
Sadange ...
APPROXIMATË RETAIL PRICES.
July 2, June, June,
1981–1918–1914...
Butcher Meat.
Cta. Ct. Cta.
Poultry.
4.4 lb.
3.3
24
12
Chicken,
30
28 13
Capons, Small ·
28 12
Capons, Large
33
24 22
Duck
80
20
18
Doves ...
27
20 18
93 24 22
48 90 36
HE
26 20
per Bet 17
10 12
each 75
50
60
60
,,'$1.20
$1.20
H
24 18
14
20
18
Snipe.
each 12
10
12
Pheasant
16 10
12
27 20
22
Ib. 24 13 14
Babick's Brains
Tongue, fresh ..
Tongue, corned Head
Heart... Hump, Balt Foot
Kidaaya
Tall
孵
Liver
Tripe
and foreign banking and exchanges to win, and must therefore be said Calves' Head & Feet
We also handle the issue of Bonds at higher prices than those ruling and other Public Funds of the Chia-
It is with such considera- ese Government both at home and to-day.
tions as these in mind that this com- SHOU J. CHEN,
pany has consistently favoured Manager. plan of conservative development of Hong Kong, 5th March, 1931.
fita own natural resources, and, not- withstanding the difficulties through which we are all passing, we are confident that the future will amply
THE BANK OF CANTON, LTD. vindicate the wisdom of this policy, not only for the industry but also for the consumers.
Established 1912
Head Office:-Hong Kong,
Authorised Capita! (HK. Outranay) #11,000,000 Pald-Up Caplial
Baserri Fondumokamuseme
8,500,000 1,100,000
BRANCHES 1-
Baskow, Husion,
Canton, Bhanghai,
Bangkak, Her Tork and Ban Framless,
CORRESPONDENTS
LONDON BANKERS 10-
The Idoyd's Bank, Limited,
la sti principal altlar of the World.
Porsiga zohangs and beaking, business of uracy description iranesclač.
We Deposit Boxes (qurlona saw) në s pady er of from 5 to $40.
LOOK POONG SHAN,
Chief Managen
Commonsense, Not Sentiment.
Mutton Chop
Leg
Shoulder Saddle
#
a
'Pig's Chittings
"
Brains
Feet
H
M
Fry
Hond
H
Heart
2
Kidneys
鏈
Liver
#
##
M
Leg...
粥
Loin
Д
#
Fat or Lard
I cannot pass from this subject without mentioning, though it must be briefly and with much circum-
Pork Chop
spection, the present movement for Sheep's Head & Foot the production of oll from coal. It
is popularly supposed that great oil}
companies such as ours (for which
Reart
1+
Kidneys Liver
alone I can speak) must of necessity Sucking Pigs, to order
This supposition is, however, quite incor-
be hostile to the whole idea.
**rect.. We naturally watch every
technical
development,
#
Suet, Beef
Mattos
Sausages
No. 1.
Fish.
Barbel
Bream
#
$ # #
牛羊仔仔
猪猪猪羊 羊 牛乳瓣鑠牛牛
Veal
部 every economie aapeet, with the keenest possible attention. Should we ever arrive at the position when, in the sequence of industrial inherit ance, natural oil could be, econo
a large Brunches
American
HEAD OFFICE:-Talpeh, Forinoss.mically supplemented on Express
ecale, or even replaced, by oil from Canton Fresh Water R Company in Principal cities of Unit- ed States of America and Canada.
secondary sources, we shall be in
Copenhagen Edinburgh
Forscos
"GABOTA
of
All classes of Commercial Banking Transactions.undertaken.
Personal handled.
investment accounta
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 BANK OF TAIWAN, LTD.
(TAIWAN GINKO,)".
Incorporated by Special Imperial Charter, 1899.
Central Bank ja Formos.
Back-Hotes asued Avorige amount Yes, 36,000,000
BRANCHES AND AGEHOLEA : JAPAN 1-=TORID, Yakalana, Kobe, Dukka, FORMOSA -Olia,
the picture. We shall continue to Carp study-and to study very thorough- Catfish lyall that is being said and done Codfish on this subject, but I know of no Crabs Sad, Lamko Keelung, current matter of public interest Cuttle Fish Tolik Talon that calls for a more resolute dis- Dab
Hallo, OHINA-hang, Hackow, Amoy, sochow, crimination between sentiment and Daco...
Brator, Damion
or between, politics Dog Fich OTHERS-Hong Log Bingapore, Bocrabaya, commonsense,
London, New York, Daires
LONDON, NAMETES,
Femanor. Balls Bombay Calenta, and policy. It would well repay Eels, Conger
The London County Water and Parr's Bank
The Back has Correspondanie to all the pelusive | Cosmania) Deatens throughout the world;
-X. KADURA.
THE CHASE NATIONAL BANKONG KONG BRANCH:
Resources Over $3,000,000,000
4. Das Vazz Road Central Hong Kong, Dik Juntancy) 190,
General Manager.
C. IL. BENSON,
EAST ASIA LTD.
THE BAND gatablished 1918.
HEAD OFFICE:
10, Des Voeux Road, Central
HONG KONGAM
Capital and Surplus
Total Resources say.
-over H. 8,000,000,00 over $30,000,000.00
Every description of Ranking and Exchange business
Carrent kul Fired
ats intlocal, and-for-
YOU
H
Fak
Fresh Water
Yellow
anyone interested in this subject to read and ponder over the very sane М and sober, review of the technical Prog Rapect of this question recently Garoupa made by the distinguished scientist Gudgeon. Lord Rutherford.
Herrlags
He went on to show the remark Kalibus able extension of the company since Labrus
1918...
Loach Finance of the Anglo-Peralan. Lobsters Dealing with the finances of the Mackerel the company he added: You will Monk Fish
ARE INVITED TO INSPECT OUR see from the profit and loss account Mullet
STOCK OF ASIATIC FOREIGN AND COLONIAL
POSTAGE STAMPS
IN-SETE, - SINGLE PACKETS, V? HAGSLÄND IN APPROVADA
GRACA & CO
Stamp
Pictures,
`Black
that the net profit is £4,618,679, as Oysters against: £5,206,762, a reduction of Parrot Pish about 2560,000. Out of this pro- Cerch at wo have written off 2500,000 for eks extra depreciation, and discount on Place Debentures, and have Allocated Pomfret, White
Pomi £1,050,000 to various reserve funds,
frap accepted by you, the carry forward If the dividand recommendation is
Book accepted by you, the carry forward will be increased: $200,000, In Chesa claci felt, Justin
has
尾肚 水
༢ཉྩི འམ་སྐྱ༅
*******SUEERQUEOREPITELEBABISORECEBIBOVEKAZAS
*
#21G*B*entistER
8 B 7
Eggs. Hen (cooking)..
Eggs, Hen (fresh)
Fowls, Canton
Powis, Hainan Geen
Pigeons, Canton
Turkeys, Cock Turkeys, Hea
新鮮類
Quail Partridges
Holhow
國
趄
## 22X6# CSKHAKSH
DRE
30
30
July 2, June, June,
1931, 1918, 1914.
CIA. Ctn, Ctz
1h.
64
"
*
45
22
21
ench 60
22
per dez, 93
2
36
ib.
76
"P
45
17
each 42
33
1.
75
each 30
1887278889982888
||
pair 3.50
each
2888587
ទ ន គ ន គ ម៉ ន ឌ ននន ! ! } !
set $1.50 $1.00 $1,00
Fruits
44 26
44 26
Almonds
t lb.
85
35
11
40 24
Apples (California)
44
金山苹果
45 26
[
80 27
Bananas (brid='4)
闽山香蕉
16
4
Per ect 8
Carambola
19
each 14
10 10
#lb.
10
25 80
each 13
В
26
30
lb. 18 16
Coconuts
'Lemons, China
Lemons (Amorteza)
th
## b. 1.00
28 15
**
18 20
rach.15
10
10
16
10:
Lichees. Dried
lb.
48
80 24
Oranges (Canton)
新會刮機
ค
#
36 25.. 28
88
Oranges
#
44 60'
70
17
Pears (Canton)
槳
50
26 .21
Peanuts
#
4:
10
por set 90
60
70
each 12
7
Persimmons, Large
12
15 12 10
Plantal
*.#
4
47
45. 20
26
28 25 器
80 20 10
26 $6.
20
Pume'o, Siam Walnuca Grapes
#
#Bach 25. 12 # lb.
40
20 20
28
Vegetables, &c.
each 12
Ib.
12
10
6
24
6
6
14
20
8
大郵梨花 caca
(Medium) A
48 28 16
(Small)
22
10
Carrots
46
10 8
Celery, Chinese
18
Chillies, Dried
42
10 8
"
78 24 80
BB
12 26.
80 40 80
52 16 21
84 20 16
34
35 13 18
40 16 27
38 12 'D
40
时
18 17
27 +28 28
24 16 -27
Artichokes Beans, Sprous
Long
Best Root Bitter Equash Brinjals, Groe
Red Cabbage, Chiness
Cane Shoots, bunch
Cauliflower (Large)
82 20 18
86 18 23
40. 18
15
70 82 78 6202 24 44 82 21
(Shanghai)
Red
Green
#
#BALI
1819 1191
G
1b.
10
5
14
10
15 25
8
紅:
12
10
10
B B 12
Curry Stuff. English; - MEXI Cucumbers ... Garlic...
Ginger, Young
Old A Horseradish, Shanghal Indian Corn Lettuce
Water Chestimate
Mushrooms. Okroes
42, 20
20
18.
36 13
80
I-9
80 15
Onions, Honbay
4836 20
45
Shanghai Parsley Potato, Swa
IOCEEDBEGASSPAETRIEBE KERON BUASHTEVEKUERSSE
**C-REZKIRKEBOBBLERRANN KERTO SUKO-
生
洋葱漿
10
10