THURSDAY, JULY 16, 1931.
BANK S.
HONG KONG AND SHANGHAI BANKING CORPORATION.
Lathorised Captial
Trust and Pully Paldup ... $38,164,000 Musarra Fonda
Barling........ 6,600.DOS Mitver
$10,000,309
Bonarra. Lalálty of Proprietara $3,000,000
BEAD, OFFICE, HONG KONG,
BOARD OP DIHEUTORS
don. Mr. 0, 0, 8. Mackla. -Chairesso,
Efon, Str. J. J. Paterson, Dapaly Chalatonu.
Hon. Monty M. Bell, T. 2 Prizes; Jag
A. Compton, Kro., 4. A. Musimen. Ergo
1. Lander Lewis, Yog. 7. 11. A. Bhàn, T. G. Mikin, Kag J. P. Warren, Bog
Onlet Manager.
4.
VAL. Drayburn, Fag.
BRANCHES:-
LONDON
LYONS
MALACOA
MANILA
BANGKUA
BATAVIA
BOMBAY
DALGUTTI
| MUAS (JonDÈ AP
CANTON
OBE700
QOLOMBO DALLEN клещит
DATKITUMI
HANHUBU
BANKOW
BAMBIN
KUNUKEW
ILVILL
JPON
JOBUAN
DUE
IOWLOON
KUALA LUMPON
MUKDEN
NEW YORK
PELPING
VERANO
BASUUUN JAKION
SAN FRANC1800
SILASURA
SINGAPORE
BUBBAHAYA
BUNGE PATANY
TIENIBIN
TOKYO
TŠINUTIO
YURULAMA
Vurrent Advoukia opened In Low Cursery vited Deposite recelvad for one year si urter perioda ja Local Currency and burling sa terma which will be quoted on application. dang Kung, ch February, 1991.
HONG KONG SAVINGS BANK.
The Bios of the shore Book is conduct
ad by the HONG KONG AND SHANGHAI BANKING CORPORATION. Blaine may be obtained on application,
FOR THE HONGKONG AND SHANOJİA BANKING CONFORATION,
V. M. GRAYBURN,
Hong Kong, sit July, 1990,
Chief Haanga).
BANQUE DE L'INDO-CHINE.
HEAD OFFICE:
96, Boulevard Haussmann, Faris.
Subscribed Capital Frs. 72,000,000.00 Paid-Up Capital...Frs. 68,400,000.00
Reserva Furida Fre.102,000,000.00
Battambang Hue Ganthe
BRANCHES: Bangkok Hong Kong Quinhon
Saigon Mengtze Shunghal Nam Dinh Singapore Namen Thanh
Tientsia Tourand
Pondichery Yunnanfu BANKERS:
Canton
Djibouti
Fort-Bayard Papeets.
Haiphong
Peking
Hackow Prom-Tenh tinh
Hanoi
IN FRANCE: Comptoir National d'Escompte de Paris; Credit Lyonnais;
THE CHARTERED BANK OF ̈ INDIA, AUSTRALIA & CHINA. Incorporated by Royal Charter, 1853. HEAD OFFICE: LONDON.
Paid-up Capital
agencies and Branches:
BANGKOR DATAVIA
THE CHINA
THE HO HONG BANK, LTD.
(Established 1917.)
HEAD OFFICE:-SINGAPORE. Hong Kong Branch: 13, Queen's Rd, C.
-" נו
Branches, Agencies and Correspon- dents in the principal cities of the world.
༈་
.£3,000,000
Reserve Fund
£4,000,000
Reserve Liability of
prietors.
Pro-
Faid-up Capital
£3,000,000
Reserve Liabilities
*of Shareholders. Surplus
Authorised Capital Straits $20,000,000 Issued Capital
8,000,000 4,000,000
4,000,000 2,520,000
け
ALOR STAR
KUALA LUMPUR
(Malay Satu}
KUOHIKO
*AMRITSAR
MADHAR
MANILA
MEDAN
NEW Yona
PEXING
PENANG
SALOON
SEMARANG
SEREMDAN
SHANDITAI
HINGAMYRE
SITJAWAN
BOURABAYA
BOMBAY
CALOUTTA
CANTON CAWNPORE JEBU
COLOMBO
DAIREN (Daly
Nouth Mearhurst
HAIPHONG
DELGI
HAMBURG
HANKOW
HABRIN
#N. Marcharts)
BONO KOND
ILOILO
H
KARAONI
KLANO
KONE,
KUALA KANGSAR
Pera P.M..)
LANGOUN
TAIPIND (P... TAVOY
TIENT FIN
TOKYO
TONDHAR (Blakeń)
THINGTAO
YOKOHAMA
ZAMBOANGA
Foreign Exchange
(Philippins lendoj
and Gezaraj
Banking business transacted.
Current Accounts opened and Fix-
ed Deposits received for 1 year or which will shorter periods nt rates
be quoted on application,
J. STUART,
Acting Manager. Hong Kong, 28th May, 1931.
THE NATIONAL CITY BANK
OF NEW YORK.
HEAD OFFICE: 65, Wall Street. New York,
Capital, Surplus and
Undivided Profits..U.S.$226,037,392
Branches int
ARGENTINE LONDON
BELGIUM BRAZIL
CHILE
· MEXICO
PANAMA
PERU
PHILIPPINE
ISLANDS
PORTO RICO
CHINA COLOMBIA CUBA
DOMINICAN
STRAITS
REPUBLIC
INDIA ITALY
JAPAN
SETTLEMENTS URUGUAY VENEZUELA
Every description of Banking and Exchange business transacted.
TAN ENG HOOL
Manager.
NEDERLANDSCHE HANDEL- MAATSCHAPPIJ, N.V.
¿NETHER{ANDS TRADING SOCIETY) DANKERS
Established 1834.
Hong Kong Offer-11, Queen's Bead Daiwai, Authorized Capital
* Builder 150,000,000
ERLA,800,000.) Oxiders 80,530,00
183,BAR.170+ Guildærs 40,013,000
Pald-Up Capital
Eeserve Fund
Bad
AMSTERDAM
Ear Head OM-BATAVIA.
BRANCHES 1- Bandjarmal, Bandoen. Bombay Caloutte, Charbon, Damber, Djol jakaria", The Hagna", fadial. Iche, Kota-Račja, Makassar, Madan, Padar Palecabang
„Pakalingas. Puanng, Pantask Bangoo, Bolier Hamarang Sanghat, Aibolg
MAIL.
and
Commerce
Finance
CHEAPER BEER !
Hong Kong Brewers Co. Meeting.
UP-TO-DATE PLANT,
At the first (statutory) meeting of the Hong Kong Brewers and Distillers Company, Limited, held In the, Rutton Building yesterday afternoon, Mr. J. P. Warren, who took the chair, outlined the pro gress made by the company.
It was now fully subscribed, ho said, and all the necessary machin- ery was expected within a few months. Operations, it was thought, would commence in May, 1982, when the beer brewed would most probably be offered
to the public at a much more favourable rate than imparted beer.
In proposing the adoption of the statutory report, the Chairman gaid:-
*
DISTRIBUTION OF GOLD.
Assets for Currency Purposes.
GERMANY'S POSITION, By Ex-Chancellor Dr. Hans Luther, President of the German Reichsbank.]
Berlin, June 14.
11
BUSINESS DIRECTORY
DRAWNWORK--&-EMBROIDERIES|
Manufacturers & Exporters of ALL KINDS OF ·
SWATOW DRAWN
WORK
AND
ART EMBROIDERIES
SHAWLS
UNDERWEAR
PYJAMAS .
KIMONOS.
Though the frequent discussions SWATOW TRADING Co. in recent years, regarding the im portance and significance of gold 6, Pedder St. app. Hong Kong Hotel
these discussions have neverthe currency often pursued other ends,
less contributed to the clear re- cognition of one of the chief ab stacles to the overcoming of the universal economic crisis and thus one can lay one's finger on the is at fault, and not from this angle wenk spot. Not the gold currency
ean the dire distress in which not only the German nation is plung: As you will see from the statued. be remedied. It is the distri tory report the Company has been button, of gold all over the world fully subscribed.
which is at fault. And this wrong During the past six months' distribution is not based on draw. negotiations have been proceeding backs of the currency: but is due ¡Suscate) Blago Bourbela, with Messrs. Skodaworks of Bosnakarta (Holo), Tegal, Zalap and Prague, Czecho-Slovakia, for the machinery and plant; for the brew-
Important Capital Markets. ery, and with York Shipley, Incor-
To mention but a few figures of porated, for the ice-making plant the most important money and Arrangements for the purchase.capital markets; in Germany from and installation of all machinery the end of 1918 to the end of 1930 were successfully concluded in the gold asseta available for cur May last, and same will arrive in
rency purposes and calculated per Hong Kong in the following order: head of the population, has drop -Brewing plant and subsidiary ped from 64 to 36 "Reichsmark" machinery about December 30, in the same period in Great Bri 1931; fee plant, January, 1982.
Emergency Plant.
Waltavroden
• Thes of hare safe depot borces in Ist. London Banka Hational Provincial Bank Ltd.
Correspondants all over the world Banking business of staty description transacted.
A. STOKKINK.
Hezy Kong, 18th, August, 1900,
Managar.
THE BANK OF CHINA.
行銀國
In addition to the above machin Reorganised October 26, 1928, under cry your Directore, after the most special charter of The National Govenreful consideration, have also purchased from Messrs. Skoda-
ernment as an
INTERNATIONAL EXCHANGE works an emergency power plant
BANK.
HEAD OFFICE: SHANGHAI,
of 200 kilowatts to serve the brew-
Commercial and Travellers' Letters Subscribed Capital....$26,000,000.00ery in the event of a possible of Credit, Travellors' Cheques, Bills of Exchange and Cable Transfers Paid-up Capital...$24,710,200.00 breakdown in the supply of elec bought and sold. Current accounts, Reserve Funds .......$ 3,820,503.82 tricity from outside. This is a and Savings Bank accounts opened
very necessary safeguard, as no- and Fixed Deposits in local and for
thing could compensate the com- pany for the loss of trade due to the spoiling of beer fermenting in the vats, hence, our decision to be prepared to meet the emergency should it arise.
eiga
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 tiun in San Francisco and Spain and also of The National City Bank of and Nies.
HONG KONG BRANCH: '4, Queen's Road Central,
Owing to our numerous branches in China and large connections in the im-
portant commercial centres of the
The brewing plant is of the lat est and most up-to-date design, and
to
chiefly political nature.
occurrences of another and
tain from 93 to 66 marks. In France on the other hand, this
gold prize has risen from 150 to 214 marks and in the United States from 86 to 161 "Reichsmark." Thus France. calculated
per
capitem of the population, pos-
serves of all countries of the sesses by far the greatest gold re- globe. The French quota per head
Phone. 23303.
ATTRACTIVE TAILORING
The Latest in Gentlemen's Outfitting
AT PRICES TO SUIT ANY PURSEL PERFECT FIT AND RELIABLE SUITINGS,
WING HING CO.
Gentlemen's Outalters
64, Queen's Rd. C.
Tel. 21417.
DENTISTS.
HARRY FONG, Dentist,
1st floor, No. 74, Queen's Road
Central. Tel. 21255.
TANG YUK, DENTIST Successor to
the late BIEN TING, 14, D'Agullar Street.
TERMS VERY MODERATE Consultation Free.
ELECTRICAL SUPPLIES.
THE GLOBE FOOK CHEONG ELECTRICAL SUPPLY CO., LTD. 72, Queen's Road C. Tel. 28270.
ENGINEERS & SHIPBUILDERS.
*W. 8. BAILEY & CO., LTD.,
Kowloon Bay. ReNew Work & Repairs. Call Flag "L". Sole Agents for Kelvin Motors.
FRUITS.
at the end of 1980 amount- ed to six times the German one while before the War it had only been two and a quarter times as much as the German quota. garding the countries with a small number of inhabitants the gold na seta of Switzerland with 141 Reichsmark are notable. All these figures in their absolute amounts other, because there exist connec tions between the regulations con cerning the covering of sums in the note banks which vary in every country. The essential fact of a very far-reaching transference of
Banque de Paris et des Pays-Bas: Now York (France),' SA in Paria | world, we are able to extend to our has a capacity of 10,000 to 12,000 cannot be compared with each.
Credit Industrial et Commercial; S
elde Generale.
IN LONDON: The National Provio- eta. & Uuron Bank of England, Lid; j Comptoir National d'Escompte da Pari; Credit Lyonnais..
IN NEW YORK: J. P. Morgan A Co., French American Banking Cor- poración; Guaranty 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,
Manager.
F. M.D. COURTNEY,
Ing Kong. June 16, 1031.
THE
AMERICAN EXPRESS COMPANY,
ING.
Head Oce: 65, Broadway, New York.
Mazagor,
Capital Surplus Reserves
Hong Kong, 1st May, 1031..
THE YOKOHAMA SPECIE BANK,
LIMITED.
Established 1880.
Capital (fully paid-up) Yen 100,000,000 Reserve Fund ...Yen 116,000,000
Head Office:-YOKOHAMA.
Branches and Agencies at:
Manila Nagasaki.
Alexandria
Batavia
Berlia
Bombay
Calcutta
Canton Changchun
Nagoya Newchwang
New York Osaka Peiping
Dairen (Dalny) Kangoon Fengtlen (Mukden) Rio de Janeiro
San Franciico Seattle
Hamburg
Hankow
Harbin Hong Kong
Honolulu
Ka! Yuen
Karachi
Kobo
London
Semarang Shanghai Shimonoseki Singapore Soerabaya
Sydney Tientsin Tokyo Telngtan "Interest allowed on "Current Ac- counts.
Los Angeles
Lyons
Deposits received for fixed periods at rates to be obtained on application.
H. MORL
Manager.
Hong Kong, 11th April, 1881.
Amoladam Antwerp Athens
Deals
Berlin
Blarrita Bombay
BestA
irussels Susane Aizen Cairo Calorita
Colomba
U.S.$0,000,000 „U.S.$1,572,464- U.S.$1,908,209
BRANCHES
Chenom Bangor Havara Hamburg
Nim Naples Pla
Parts
Panens
Faking
Intermo
flotlardan Home Bamboul
Southamp
Ningapore
at. Morita
baaghi
Interiston Jerusalem Lido Loodas Liverpool Locerue Luying LEXCE Marlow Countinople Monte Carlo Copenhagen Muntha Edinburgh.. Konich Pictance Салета
Ullan Hrunches of American Expresa Company in Principal cities of Unit. of States of America and Canada.
x
T.antola Vlezna Frato
Yokobaze Zarich
All classes of Commercial Banking Transactions undertaken.
Personel Investment accounte handled.
clionta special facilities for domestic and foreign banking and exchanges.
We also handle the issus of Bonds and other Public Funds of the Chin- ese Government both at home and abroad.
SAQU J. CHEN,
Hong Kong, 5th March, 1981.
Manager.
Head Office:-Hong Kong,
hectolitres of beer per year of 312 days.
Brewer From Pilsen.
The entire plant should be ready to start operations in May, 1932, when manufacturing will com- mence, and in this connection we have, through Messra. Skodaworks, obtained the services of a firat
(Continued on Page 5.)
Messrs. Leigh & Orange, our ar; chitects, and construction work will commence shortly..
THE BANK OF CANTON, LTD. class beer brewer from Pilsen; and in spite of the adverse ex- Established 1912,
change, affecting as it does the The report was seconded by Mr. purchase of raw materials, we Chan Nai-pan, and carried unanim- hope_to_be_able_to_offer_our_beerously to the public at a much more This concluded the business of favourable rate than could be ob- the meeting. tained for imported beer.
Authorised Üxplial ·(1.2. · Currener) 11,000,000 Pald-Up Capital
8,855,900 1,100,000
Berre Fundacjipr
BRANCHES 1—
Canton, Bhanghel,
Hankow, Susies, Bangkok, New York and Bar Fra
CORRESPONDENTB
LONDON BANKERS:--
The lord's Bank, Limited
In a priosipal siile of the World
Foreign exchange and banking business co every description fracassjad.
Bala Depcali Bozen (various alson) as a poszły -zwalał of teens 50 to $45.
LOOK POONG SHAN,
Chiet Manager.
THE BANK OF TAIWAN, LTD. (TAIWAN GINKO.)
HEAD OFFICE:-Taipeh, Formosa.
Incorporated by Spécial Imperial Charter, 1899.
Canizal Bank in Formosa Bank-Notes intind Average amount ...Zan. 46,000,000 BRANOHES AND AGENCIES. The Company offers to intending TAPAN:-Tokyo, Yokohama, Kobe, Destas. Travellers the use of its "Travelers FORMOSA |—Gina. .Kag Karenko, Amelung,
10, thischika, Zalikt, Telan Cheques" and Letters of Credit and,
To, Halto, Talto in addition, the world-wide servicesHINA dhanghai, Hankow, A7, Foodlaw,
*Bwstow, Danios. of its thoroughly equipped, Travel De-
OTHERS-Hoog Kong, Blogspoes, Bourabaya, partment.
Semarang,
fiombay. Calcutie, London, Nav Joy Daines,
LONDON DANKERS (
Affiliated with
THE CHASE NATIONAL BANK Resources Over G$2,500,000,000
CH. BENSON,
General Manager,
The London Cously. Wastminster and Pure's 'Bank, The Bank in Dorsespondente in all the principal Commercial Castres throughout the world.
E. NAGURA.
"Masager.
HONG KONG BEANCH,
Des Youx'Boad Cealal Hong Kong, 19h Fazuary, 1926.
The water supply, which is a very vital and important factor in brewing, is more than adequate, fand, according to tests which have been made, is quite suitable for the purpose.
The plans for the brewery build- ings are now in the hands
of
Those Present.
AIRSHIP SUNKIST ORANGES
Also Grapefruits and Lemons Direct from the Growers' Exchange, LOWEST PRICES (in Hong Kong). Wholesale and Retall
CC
WING"
BRAND Coffee, Tea, Hawaiian. Jams,- Jelly and Fruit Preserves. WING COFFEE CO.
Tel: 25869.
Supporting the Chairman were Messrs. J. H. Ruttonjee, Ho Kom-139, Des Voeux Rd. C. tong, Wong Kam-fuk, jun. (Direc- | ~~~~ tors), and Mr. C de S. Robertson
HAIR DRESSERS (acting Secretary),
1
Shareholders present wero Measra. D. M. Blake, W. L McKenzie, and Chan Nai-pan.
THE BANK OF EAST ASIA, LTD.
Established 1918.
HEAD OFFICE:
10. Des Voeux Road, Central. HONG KONG.
Capital and Surplus Total Resources *.......
over H,$ 8,000,000.00
over H.$30,000,000:00
Every description of Banking 'and Exchange businena transacted.
Current and Fixed Deposit Accounts in local and for- eign currencies opened for clients.
Bavings Account and Safe Deposit Boxes.. Branches and Agencies all over the world.
KAN TONG PO,
Chief Manager,
ONLY
TWO
HOURS
TO "
Transfigure
You
·MADAM KATIE'S
BEAUTY PARLOUR. 31, Wing Lok Building, Kowloon.
Tel. 66842.
LEE YEE.
Tel. 58861.
INDOOR GOLF.
Entirely Redesigned,
The most enjoyable miniature
golf course Imaginable
In the fresh air too!
There will be no more "What Shall We Do Te-night?"
KING'S MINIATURE GOLF COURSE.
On the roof in the fresh air
50 cents a round.
LITERATURE
BOOKS
Bibles, Pocket Testaments, Prayer Books and Stationery. General Literature Presentation Books Children's Books a Speciality, i THE BOOK & BIBLE DEPOT Wyndham Street. Next to King's Theatre. Agents for
British & Foreign Bible. Society and The Religious Tract Society.
SWATOW DRAWNWORK.
JUST OPEN H
LAI YANG EMBROIDERY CO. 2. Wyndham St
(above Book & Bible Depot) Direct Exporters of Swatow Drawn Work, Embroideries, Silk Shawls, Irish Linen & Grass Cloth, Handmade Lacos & Ladies' Underwear,
WHOLESALE AND RETAIL.
OPTICIANS.
THE HONG KONG OPTICAL COMPANY, 'Phone 22232.
53, Queen's Road Central
SHOES
Pair
Black
or
Brown
Shoes from $6.00.
Black
Brown
Boots from $8.00.
20
Children's Boots ar" Shoes from $2.00.
Best styles, most complate stock of all sizes. Repairing a specialty. WONG BIU WOON
#1, Pottinger St.
Phone £1474.
SPORTING GOODS
ATHLETIC
GOODS
Ladies and Gentlemen's Hair THE LIANG YOU CO..
Dressers & Booksellers..
No. 12, D'Aguilar Street.
· Coppnalte.Queen's Theatre).
70, Queer's Rond C.-.
BRINGING UP FATHER
DO YOU KNOW that by paying $130.00 down
and $23.00 per month for a limited
you can become the proud owner of Short
GENERAL
ELECTRIC
*EFRIGERATOR
NOW THAT, EVERYTHING IS NICE AND QUIET, 112 JUS7. GIT HERE AND READ. THE NEWSPAPER AND ENJOY
MYGELP.
RUNNING BETWEEN THE RAINDROPS!
Co., Ltd.
Meyer & Co-L14
RUNNING BETWEEN THE
RANDROPS
TRY AND RUN BETWEEN THAT |
› 1951. Lat's Fashtra Servizo, Jacă Grani Belinin rights rallieved.