BANKS
HONG KONG AND SHANGHA! BANKING CORPORATION.
$60,000,000
Autholiad Capital... ised and Fully. Pald-up........ 130,094,164 Arte Fundi 1–
Borling......
All Mavera
Hon. Mr.
1,800.000 10,000,000
City of“ Própriasom. 39./190.830 HEAD OFFICE: HONG KONG,
BOARD OF DIRECTORS.-
Elon. Mr. 0. O, B. Marka, Uraleman
Hen, Mr., J. 2. Palerata,
Deputy Chaleman.
11. Bell, 7. E. Pero, Esq.
A. 1. Oempion, Pag., J. A. I'lommer. Eaq.
Lender Towie, Zaę, T. II," R. Shaw, Zia.
13. Marido, - Eng-
AMUT
HANGKOR
BATAVIA
QUEFOO
J., Warren. Zię.
Lalaf, Manager.
1. M. Grayburn, Eng,
BRANCHES:-
LONDON
LYONU
MALACOA
BUNDAY
MANILA
JALUSTM
MUAB Johore.
CANTON
MUNDEN
NEW YORK
COLOMBO
PGIPLHO
BADBEN
ТЕНЬКО
FOTULION
HALLION
LAALUN
KANKOW HAIN
BOSUREW (WUR(A),
*PUB
AWLAMIK
ALA LUMPU
BANGOON
RAJOON
SAN FRANCI
BAÑO
BINGAPORE
· NOURADA YA SUNUEL PAtanı TIENTGIN
TOKYO
18IKOTAG YOKOHAMA
urrent Accounty opened so Local Corrediss Fixed Deposit received for one year or skurver pacioda la Lood Carents and Blarting on serial which will be quoted on mpplication. ilong Kong, sh February, 1081.
HONG KONG SAVINGS BANK,
The Bualcom of the abare Bank la conduct.
ad by the NG KUNG AND SHANGHAI BANKING CORPORATION. Bulse may be
on application. bid
FOR THE HONOKONG AND BBANOMA! BANKING CORPORATION.
V. M. GRAYSURK,
·Bong Kong, itch fuly, 1998.
Ohio. Manager.
BANQUE DE L'INDO-CHINE.
HEAD OFFICE: 96. Boulevard Hanson, Paris.
Subscribed Capital Fra. 72,000,000.00 Paid-Up Capital Frs. 68,100,000,00 Reserve Funda... Frs. 102,000,000.00
BRANCHES: Bangkok Hong Kong Quinten
Saigon Battambang flue
Mengtzo Shanghai
Singapore Nam Dinh Namen Thanha
Tientsin
Cartha
Canton
Djibouti
Fort-Bayard Papeete
Haiphong. Peking Tourane Hankow Pnom-Renh Vịnh
Напо!
Pondichery Yunnanfu BANKERS:
IN FRANCE: Comptoir Natlosal d'Escompte de Paris; Credit Lyonnals; Banque de Paris et des Pays-Bas Credit Industrial at Commercial; So-
eve Generale.
IN LONDON: The Nationa! Provin- cias & Union Bank of England, Ltd.; Comptoir National d'Escompte de Pars; Crodit Lyonnais.
IN NEW YORK: J. P. Morgan & Co., French American Banking Cor- porazon: 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,
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA. Incorporated by Royal Charter, 1853, HEAD OFFICE: LONDON. Fald-up Capital
Reserve Fund
Roserve Liability of Pro-
prietora
THE HO HONG BANK, LTD.
(Established 1917.)
HEAD OFFICE:-SINGAPORE. Hong Kong Branch; 13, Queen's Rd. C. £9,000,000 Authorised Capital Straits $20,000,000!
8,000,000 .£4,000,000 Issued Capital
Paid-up Capital
4,000,000
4,000,000 2,520,000
H
.£9,000,000
Agencies and Branches:
Reserve Liabilities of Shareholders. Surplus
ALON STAR
(Many States)
AN BITHAD
НАКОБОК
BATAVIA HOMBAY
CALCUTTA CANTON CAWNFORE CELU
GOLONDO
DAIREN (Daisy
Houth Hanoi)
DELUI
"KUALA LUNIFOR
KUCHIKO
КАДЛАЕ
MANILA
MEDAN
NEW YORK.
PERING
PENANG
RANDOON
BATOON
SEMARANG
SEREMBAN
SKAKOHAT
HINGAPORE
HITIAWAN
BOURADAYA
TAVOY
ILOILO
"
TORTO
KARACHI
TONDEAU (Bhuvah)
SLANO
TRINGTAD
.
YOKOHAMA
KUALA KANGSAR
(Tarak P.M.G.)
ZAMBOANGA
HAIPHONG
FIANDURG
BANKOW
HAREK
(N. Manoharta)
HONG RONO
KOBR
TAIPING (FM0.)
TIENTSIN
(Philippina Islands)
Foreign Exchange and General Banking business transacted,
Current Accounts opened and Fix- Deposits received for 1 year or shorter periods at rates which will
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.$220,037,892
BELGIUM BRAZIL
CHILE
Branches.in:-
ARGENTINE
LONDON
MEXICO
PANAMA
PERU
CHINA
PHILIPPINE
COLOMBIA
ISLANDS
GUBA
PORTO RICO
DOMINICAN
STRAITS
REPUBLIC
INDIA ITALY JAPAN
URUGUAY
SETTLEMENTS
VENEZUELA
Commercial and Travellers' Letters of Credit, Travellers' Cheques, Bills
of Exchange and Cable Transfers Current accounts bought and sold.
and Savings Bank accounts opened and Fixed Deposite in local and fer- 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 tion in San Francisco and Spain and also of. The National City Bank of New York (France), S.A., in Paris and Nico.
F. MED. COURTNEY,
Manager. Hong Kong, June 18, 1981.
THE
AMERICAN EXPRESS COMPANY,
INC.
Head Ofee: 65, Broadway.
-New-York.
Capital
Surplus
Manager,
Hong Kong, 1st May, 1931,
Reserves
THE YOKOHAMA SPECIE BANK,
LIMITED.
Established 1880.
Capital (fully páld-up) Yen 100,000,000 Reserve Fund........Yon 115,000,000
Head Office:-YOKOHAMA,
Alexandria
Branches and Agencies at:
Nagasaki Nagoya Newchwang
Batavia
Berlin
Bombay
Calcatta
Canton
Changchun
New York
Osaka
Paris Peiping Rangoon Dairen (Dalny) Fengtion (Mukden) Rio de Janeiro
Hamburg
Hankow
Harbin
Hong Kong
Honolulu Kai Yuen
Karachi
Kobe
London
Los Angeles
Manila
Francisco
San Seattle Semarang Shanghai Shimonoseki
Singapore Seerabaya Sydney Tientsin Tokyo Talagtan Interest allowed on Current Ac- counts.
Deposits received for fixed periods at rates to be obtained on application.
H. MORI,
Manager.
Hong Kong, 18th July, 1881.
Branches, Agencies and Correspon- dents in the principal cities of the world.
NEDERLANDSCHE HANDEL- MAATSCHAPPIJ, N.V.
THE CHINA MAIL.
Commerce and Finance
SHARE MARKET. Weekly Reports by Brokers.
G. A. HARRIMAN.
Insurances:-China
Underwrit
ers have buyers at $5.45 with sell- ors at $5.50. Union Insurances can be placed at $562.50. Canton Insurances, China Fires and Hong Kong Eires are more or less neglected.
Shipping: Steamboats are want. Hong Kong, July 18. {ed at $25.50. Douglases could Every description of Banking and
Mr. G. A. Harriman's Weekly probably be placed at $28.50. Exchange business transacted.
Report and Market Review says:-Waterboats have buyers at $28.50. TAN ENG HOOI,
Mining:With the exception of We have again to record a' rather Manager.
quiet week's trading with the main Raubs which have small inquiries volume of business more or less at $34 this section is neglected. confined to a few speculative coun- Lands, Hotels and Buildings:- ters in Cements and Constructions. Fair business has been done in The former as well as the majority Hong Kong Hotela at $18.20/.30 of speculative counter auffered for the OTG shares and $15.80/85 rather a set-back, but the latter for the Now and there are further showed considerable appreciation buyers at $16.20 for Old and $15.80 Hong Kong over the week due to rumours of a for New shares. now issue at par. The Investment Lands have huyers at $19.60 with Section showed little activity, al- sellers asking 50 cents though Trams were rather sought Hong Kong Realtys, appear to be for, and a fair turnover was done in caster with sellers at $14.00 and Lands for forward deliveries.. buyers at $14.75. Humphreys buy-
Sterling counters were slightly crs $19.25 for the Old shares.
ĮNETHERLANDS TRADING SOCIETY}
BANKERS.
Estabbed 1994. Hong Kong O2-11, Qarez's Boud Central. Autosid Capital Guilde 180,800,000- (411,800,000.) Pulp Caglial, moms Guilder 50,000,00
(28,845,170)
· Massevo --Pund
Chuilders 15,010,000
Hard Ofori-AMSTERDAM" Eastern Head Ofon:-BATAVIA.
BRANOLLES- Banjarmasin, Bando Bember: Calcutta, Cheriton, Plamber, Djok jakarta, The Hagus, Joddal, Robe, Keta Badis, Makasar, Medan, Pada Palembang, - _Pakalongan, FEMAL Poatinas Baggon,
firmed on an easy exchange but only a small volume of business was done in this section. There were some wide fuctuations in
Ewos during the week, owing, to confusing and
Baratang”. Shanghai, Bibolga (Sumaira), Blampor, Sourba rather indefinite rumours regarding Boerakaria (Belo), Tegal, Titip and the northern politien! situation. Walletreder
• The scuz bay sale depus bazwy to jak Londen Bantere z-National Provincial Bank Ltd. Correspondanta už ever, the world Banking busfoms of every deafplion transealed.
A. UTORKINK,
Hos Eoug. 18th Buguai, 190.
Manager.
THE BANK OF CHINA. 行銀國中
Reorganised Oetobar 26, 1928, under special charter of The National Goy
INTERNATIONAL EXCHANGE
·ernment as an
BANK,
HEAD OFFICE: SHANGHAL
HONG KONG BRANCH:
more.
SATURDAY, JULY 18, 1931.
Quality
Cotton Milla:-A good business has been done in Ewo Cottons the market is now easier with buy from Toels 14.20 to Taels 14.55 but I era only offering Taels 14.20 with sellers at Tacis 14.30.
Docks, Wharves and Godowns:- There are possible sellers of Kow- The market closes rather dull in Joon Wharves at $164. China Pro- most stocks, with a tendency to vidents have changed hands from easiness in nearly all sections.
$5.80/6 but there are now sell. Banks-Hong Kong and Shanghailers at $3.00 with. buyers at $5.80 Banks showed aslight' advance, for the Old shares. The New transactions having been effected shares are Nominal at $2.70.
nt $2050/60. Bank of East Aslas Hong Kong Docks are inquired for remained unchanged with enquiries at 330.
jat $129.
Public Utilities: Hong Kong Insurances-Canton Fires ag Trams after fair business at $21.25 well as Hong Kong Fires 'continued to $22.10 have eased off to $21.75 Star Ferries are wanted neglected. Unions changed hands sellers.
at $560 and continued in demand at at $98 with sellers asking. 50 cents China Underwriters over. China Lights improved dur this figure. Fetched $6 and further shares ing the week to $26.50 but this were wanted.
price was not maintained and there Hong are now sellers at $26. Kong Electrics have remained very steady with buyers at $18.25. Hong Kong Telephones have sell- ers' at $86.50.
Shipping. Douglases after been neglected for some Subscribed Capital....$25,000,000.00 having
...$24,710,200.00 time were active again with buyers Paid-Up Capital Reserve Funda ... $ 8,820,503.82 at $232. Hong Kong Steamboats wore rather strong with enquiries
Miscellaneous:-Ganton Ices.con- fat $262. Union Waterboats. continue in demand at $6.60. A good
tinued in demand at $28.
business was done in Cements Mining-Raubs, though quiet from $18.75 to $19.25 cash and for were enquired for at $35. Vene-forward delivery at proportionate- zuela Goldfields remained unchang-ly higher rates. There are fur- Owing to our numerous branches in
Cash wit ther buyers at $19. China and largo connections in the imed, buyers prevailing at $23.
Ducks, Wharves and Godowns.sellera at $19.25. Hong Kong portant commercial centres of the world, we are able to extend to our H. K. and Kowloon Wharves ang Ropes have buyers at $21.75 and clients special facilities for domestic
were sellers at $22.15. Dairy Farms are ed hands at $164/65, ** and foreign banking and exchanges.
4, Queen's Road Central.
abroad..
Con-
We also handle the issue of Bends further buyers at mer rate. wanted at $90.60 sales having and other Public Funds of the Chin-| Providents (old) were alightly taken place at $30.40/.65. ege Government both at home and firmer, business having been done structions have been the feature
SHOU J. CHEN,
as high as 86,
of the week in advancing to $12.00 cash, there are further buyers at Hotols and Real Estate.-H. K.$12.50. Watsons have buyers at Hong Kong, 8th March, 1931.
and Shanghai Hotels opened slight-$16. A new stock is now listed ly easy at the outset, but closed firm viz. the South China Enterprises at the close, shares having changed(Macao Race Club) the $10 pald
Established 1912.
Manager.
THE BANK OF CANTON, LTD. hands at rising rates from $16.10 up share having buyers at $18. | to $16.30 for the old shares. Hong
Rate of Exchange: The T.T. Kong Lands receded a little and Rate on London is 11d. and on were done..at $91 to $912. Hum-Shanghai-79.
Head-ОceHong Kong
Authorised Capital (RL.E. Currency) $11,000,000
8,660,600 1,100,000
phreys attracted very little atten- Dividends: The Hong Kong & tien sellers prevailing at $19.90 for Shanghal Banking Corporation have the old shares and $19.40 for the declared an Interim Dividend of new. Hong Kong Realties were £3 per share at exchange 1/- Sanok, Hand Tort and San Francia firmer with business done at payable on August 10, 1931.
Casson, Eachat, Esakow,
CORRESPONDENTS
LONDON DANKEDS.-
U.S.$6,000,000 U.S.$1,672,454 U.S.$1,908.209
Pald-Up Capita
Hearts Fund 8-
BRANCHES-
Amatárden Autwear
:
BRANCHES:-
Bo Blo
Bastr
Barkin
Direkto
Dombay
Brunesia
Buenos Aires
BAYERU Husburg
Insertakan Jerusalem Lide London Everpool Lavor
Now Naplon Preus
Cairo
Calcutta Canzes Colombo Constantinople
Copenhagen Edinburgh Morano
.. Lugans
LCIO Marmilles Mogle Uncle. Macile
Honjob
Purls CoaD
Taking
Batterdam Home Bamboul Stangkal Southampton Singapore
61. Korits *Tiantaim Vienna
Vraice
Yokohama Zurich
Mantan Kilan Branches of American Express Company in Principal eltion of Unit- ed States of America and Canada.
All classes of Commercial Banking Transactions undertaken.
Personel handled.
investment accounts
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
Affiliated with
THE CHASE NATIONAL BANK Resources Over C$2,500,000,000
The Lloyd's Bank, Lünĺtad.
lo al principal dilies of the World.
Foralgo sxchange and bankier bina
Stary
scription Urizacie.
slow,
.
Eats Deposit Boxe (various elsae) at a poeziy rectal of from 5 to $10.
LOOK POONG SHAN,
Chief Manager.
THE BANK OF TAIWAN, LTD.
(TAIWAN GINKO.)
$14.80/90,
Forward Settlement Daya:-July Cotton Mills. There was a very 28, August 25 and September 28, brisk market for Ewos in the grea
er part of the week, shares having' changed hands at $$14.35 to 314.50 but suddenly eased off a great deal,| buyers offering only $14.
1931.
CALCUTTA TRAMS.
Heavy Decline in Revenue.
Sells
Whisky in a class by itself, A which has been in the hands of the same family ever alace its inception, and which through longyears of populas- ity has steadily maintained its unique standard of excellence,"
"Overs Day Mell"
Wm.Sanderson & Son L1a: Distillers
Estd. 1863.
LEITH
NQUEUR, SCOTCH WHISKY
VAT 69
LEITH
Agents-W. R. LOXLEY COMPANY,
A FRESH SHIPMENT
OF
AUSTRALIAN
NAVEL
ORANGES
"The Gems & Gold"
'PHONE
YOUR
ORDER IMMEDIATELY
SINCERE'S
DIAL 22139 — PROVISION DEPT.
RUBBER FROM A WEED.
New Discovery by Soviet Scientists.
in an untutored hand saying that the sender had seen natives chew the weed, and thought they might contain rubber.
1
40 Per Cent. Rubber.
The plants were sent to the laboratories of the Rubber Trust, where it was discovered that they. were chondrilla and contained two per cent. of rubber, Later scien- Not only have Soviet scientists thats reported that by intensive Public Utilities.-Hong Kong
succeeded in producing rubber cultivation it would be possible to Trams experienced a smart rise and
from oil, but they have now pro- raise the rubber content to 12 per were put through as high as $22.
A heavy fall in revenue is dis-duced it from alcohol, and, from cent. Star Ferries were in demand at
In 1929, a young botanist, 893% without attracting sellers closed by the accounts of the a weed known as tau-sagiz, found Zaresky, employed by the Rubber. China Lights remained steady with Calcutta Tramways Company, the buyers at $26, Hong Kong Elec-figure of £26,448 shown for 1980 in Central Asia, says the British Trust, was sent to the Karatan trics were negotiated at $81% and comparing with £102,791 for the United Press Moscow correapon Mountains in Turkestan to obtain fresh, supplies of chondrilla, which there were further buyers at $814. prèvious year. Debenture service dent.
the natives call "mau-sagiz." An Bank-Notes isood Average amount Yen. 15,000,000 Telephones (party paid) saged absorbs £37,758 and the Preference
Offers have been made for the old native whom he asked told him dividend requires £12,500, se that' away to a selling rate of $981⁄2.
Miscellaneous-Cements (comb.) In order to mest these charges it secret of the process by German that the correct name
a great set-back and has been necessary to withdraw and other business men. German "mau-sagiz" but tau-sagiz. Zaresky assumed that, the plants given him In Baghel, Hacker, Amor, Foscher, were sold down to $184 but £16,000 from the contingencies re- Industrialists are stated to be par were chondrilla, and sent them to
og Long Biampo obey the market has since recovered a serve and reduce the carry-forward
the factory.,.
HEAD OFFICE—Talpet, Formosa Incorporated by Special Imperial Charter, 1899.
Central Bank in Porto
BRANCHES AND AGENCIES.
··
JAPAN
Kobe, Daka FORMOSA
Malong, Nanie, Balochiku, Taloku, ·Tainan, Takso, Temal, Toen, Hello, Talio
suffered
Swalow, Decion
Bezmatung. Bateria Fombas. Celovita
London, New York, Dalen,
LONDON HANKERSTI
Commercial Contess throughout the world,
little and closed with buyers offor- from £13,284 to £5,480. Ne divi- ticularly interested, because
a
Was
not
On examination scientists deter-
„contained 40 per cent. of rubber. A branch of the Rubber Trust was Itussia is still one of the smallest opened in a small town in the
The London Dounty Weimlaster and Parr's Basking $19, Hong Kong Ropes were dend is recommended on the 700,000 kilogram of synthetic rubber pro-
The Back hiss Dorispondente is all the principal realised at $214 and more shares Ordinary £1 shares (against is ducod in Germany costs about 80s.mined that the plant was slightly could be placed at this figure, 21⁄2d. per share, tax free). The more than 80 times as much as different from 'chondrills, and Dairy Farms improved afttle and report states that the reduction in after sales at 330.40/60, were the traffic receipts is attributable to plantation rubber. sought for at $81. H. K. Construe- general, trade depression, which has tions improved a great deal, sales been severely felt in Calcutta, to the consumers of rubber, but this year Karatan Mountains where tau having been reported at $12.50/65. political conditions, including strikes she has used twice as mucha sagtz had been found. Lane Crawfords were for demand at and harteks, which have involved before the revolution. According serious disorganisation to traffic to plans she will use 90,000 tons $8 and Sinceres at $164.
Forward Settlement Days.and damage to some of the com- of rubber in 1938. July 28, August 25, September 28.
HONG KONG BRANCH:
--K. MAGURA.
1. De Vaux Road Comics). *Hong Kong, 19th January, 2006,
Manager.
C. IL BENSON,
General Manager.
THE MERCANTILE BANK OF
INDIA, LTD.
THE BANK OF EAST ASIA, LTD.
Established 1918.
HEAD OFFICE:
10, Dea Voeux Road, Central, TONG FONG
and:
Intion of Banking and Exo
Deposit Accounts inloc
over HS 8,000,000.00 over H.$30,000,000.08 business
Deposit Box
HEAD. OFFICE)
15, Gracechurch Eropa.. Authorised. Capital£3,000,000 Subscribed Umplén 1977:51,800,000 Paid-up Capital
1,050,000
"Reserve Fund" and Rent 1,606,845
BANANA BANKBAN FINANS
The Banir of Ragland; & Midland Bank, Xid CAMERA SCAUNEDANOHER 1 -> Bangkok 20061pck;}) Yew York
Bumbay - Na Karachi Sony Part, Louis -
Galomba 75)Kusts Kend G3220 Hangiom
Gela
Hong Kong, Kuantes (rahang) Singapore Bourabaya
#EVADE HONG KONG BRAY CHLA |2BNity description,
Trustów Sand
CARROLL BROS.
Mystery In Discovery.
Big Production This Year.
By the end of 1980, 765 togs of pany's rolling stock, for which, no
fan-angiz, roots were gathered, compensation is obtainable, and to
yielding 150 tons of rubber. This There are two rubber factories raw rubber contained 95 per cent. the Intensified and Indiscriminate omnibus competition. The logs in Leningrad, one making-rubber pure rubber, and only 6 per cent. Hong Kong, July 17. which the company has incurred in from alcohol. It is claimed that of pitch, whereas the chondrilla The market during the week maintaining Its omnibus service, two tyres made with rubber pro plant could yield only 12 per cent, under roylew has remained on the owing to the chaotic conditions pre-duced from alcohol have already raw rubber, composed of 55 per dull side in both the speculative valling in the Calcutta streets, been tested over 11,000 miles and cent, pure rubber and 45 per cent. and investment sections and from reached such proportions that the found satisfactory pitch. present indications we fear no directors decided they were not The incidents that led to the dis An experimental tyre was manu- material. improvement may be ex-justified in continuing it, and they covery of the new rubber-bearing factured from tau-angiz and sub- pected for dome weeks yet. How therefore abandoned all the services plant tau-sagisare curious. Injected to a test equivalent to not unusual for condi- except that between the Howrah 1927 M. Valerian Kulbishov, who travelling at 310 miles an hour. ever It tione
rather, Black at this railway station and Esplanade as was then president of the Supreme After this test the tyre was still
from Febr last, instructions Council of National Economy, re good for further use,
awal of which service colved a battered package-mar "since been given. The fares "Personal for the <a of the tramway service were reduc Comrade Külblshoy." are vimall” bà, èd by spproximately 15 per cent, in The
bore the
year.
ttons have continue
the market, at pres
for the
intion
stmar
Plans for 1981 provide for, sDW ing 86,000 acres of tau-zagiz The Rubber Trust will also Bow, this year 810 acres of Mexican yala, of the fact that this plant Bids one-tenth as much rube
4