THURSDAY, JULY 30, 1931.
BANKS
HONG KONG AND SHANGHAI BANKING CORPORATION.
at $10,000, 160
Authorized Ospital mino Lorand and Wall Pid:op 930,800.000 Sota Funda-
Becking in £ 8,800,000 Kilene mer.............. $10,000,000
HEAD OFFICE: HONO IONO,
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA. Incorporated by Royal Charter, 1858.
HEAD OFFICE: LONDON. Paid-up' Capital
THE HO HONG BANK, LTD.
(Established 1917.)
HEAD OFFICE:-SINGAPORE, Hong Kong Branch: 13, Queen's Rd. C. Authorised Capital Straits $20,000,000 Issued Capital
£3,000,000
Reserve Fund
£4,000,000
Maierre List Qay al Projslators 190,000,000
Reserve Liability of Pro-
poletors
Paid-up Capital
5
8,000,000
41
4,000,000
Reserve Liabilities
£2,000,000
Agencies and Branches:
of Shareholders, Surplus
4,000,000 2,487,000
ALUR STAB
KUALA LUMPUR
ZUCHINO
MADHAN
MANILA
BOARD OF DIRECTORS :— Hon. Mr. 0.0. 8. Maskin. Chairman.
Hon. Mr. J., Fulemon, Deputy Chairman.
Mag. M. 1. H.. Bell, T. E. Paaron, Esq.
4. H. Compion, Reg. J. A. Plommer, Eag
8. Landar Lewis, Esq. T. 2L., B. Shaw, Zaq.
. Makia,, X.
AYOT
DANGKO MATAYZA MONDAY
7. P. Warren, X14.
Uklal Manager.
. M. Grytara, Xat
BRANCHES
LONDON
LIONS
KALACCA
MANILA
XUAB (Johor)
YUKDEN
DALCUTTA
CANTON
SELFOO
VOLOMBO
NEW YORK
DARZEN FQUOHOT
HAIPHONG
DAMUUND
BANKOW
MARUIN HUNDREW
ILOILO
7104
JUBORK
2002
LOWLOON
ZUALA LUMPUR
TRIPING
PENANG
NANGIOON
BLIOON
SAN FRANCISCO
HUANOHA
INGAPORE
KABAYA
BUNOZI PATa lis
TIENTMIN
TOKYO
TBINO PAU
YOKOHAMA
Cutfuel cute opaaná, la local Currenty Sun Fund Deposit recalred to one year of chuber petrude in Local Currency and seling ca boczne which will be quoted an application,
o, February, INI.
તુ
HONG KONG SAVINGS BANK.
The Dustoms of the shore Dank le conduct- by the HONG KONG AND SHANGHAI Fala may be CORPORATION.
chiained an application.
FOX THE HONGKONG AND BEANGITAI
BANKING, CORPORATION.
V. M. GRATIURN.
Hong Kong, 15th July, 1980.-
Chief Manager,
BANQUE DE L'INDO-CHINE.
HEAD OFFICE:
94, Boulevard Haussmann, Paris,
Subscribed Capital Fra 12,000,000.00 Paid-Up Capital .......F
..Fra. 68,400,000.00 Reserve Funda.....Fes.103,000,000.00 BRANCHES:
Bangkok Hong Kong Quinhon Battambang lue
Salgon Canthe
Mengtzo Shangha! Canton
Nam-Diah Singapore
. Thanh
Djibouti Numen
Fort-Bayard Fapecte
Haiphong
Tientsin Peking Tourang
Hankow Phom Penh Vish
Pondichery Yunnanfu BANKERS:
Hang!
萨皮
IN FRANCE: Comptoir National d'Escompte de Paris; Credit Lyonnais; Banque de Paris et des Pays-Bas Credit Industrial et Commercial; So clate Generale,
IN LONDON: The National Provin- es & Union Bank of England, Ltd. Comptoir National, d'Escompte de Parl; Credit Lyonnais.
IN NEW YORK: J. P. Morgan Co., French American. Banking Cor-
"York.
[Mulay Sision) AMRITOAB
BANGKOK
DATA VIA BOMBAY CALCUTTA CANTON
CAWNPURE
VEBU
COLOMBO
DAIBEN (Dalas
South Manakura)
BELA:
HAIPHONG
HAMBURG
КАНКОЙ
HARDIN
{My Manokurila}
HỒNG LONG
ILOILO
[POR
KARACHI
KLAND
KOBE
KUALA KANGSAR
(Perak 7.3.4.)
1 MEDAN
NEW YORK
* PERING
PENANG RANGOON
NALGON
BEMARANG
BERSMULY
BHANGKAT
BINGAPORE
BITIAWAN
SOURADAYA
TAVOI
TAIPING OP.M.S.)
TIENTSIN
·TOKYO
TONOKAH (Bhukad}
THIN0740
YOKOHAMA
ZAMBOANOA
(islands معاوم Phill)
Foreign Exchange and Generi Banking business transacted.
Current Accounts opened and Fix- Ed Deposits received for 1 year or aharter periods at rates be quoted on application.
which will
J. STUART,
Acting Manager.
Hong Kong, 28th May, 1881.
THE NATIONAL CITY BANK
OF NEW YORK.
HEAD OFFICE: 55, Wall Street, New York.
Capital, Surplus and
Undivided Profits...$226,087,892
Branches in:-
ARGENTINE LONDON
BELGIUM
MEXICO
BRAZIL
PANAMA
CHILE
PERU
CHINA
PHILIPPINE
COLOMBIA
ISLANDS
CUBA
PORTO RICO
DOMINICAN
STRAITS
REPUBLIC
SETTLEMENTS
INDIA ITALY JAPAN
URUGUAY VENEZUELA
Commercial and Travellers' Letters of Credit, Travellers 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.
We are also able to offer our Cus- tomers the services of the Branches of the International Banking Corpers tion in San Francisco and Spain and also of The National City Bank of Now York (France), 8.A, in Paris and Nico.
F. MED. COURTNEY,
Hong Kong, June 16, 1981..
THE
Manager.
poration; Guaranty Trust Co. of New AMERICAN EXPRESS COMPANY,
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.
INC.
Hand Office: 65, Broadway, New York.
Manager.
Capital Surplus Roserves
A. BONNAUD,
Hong Kong, 1st May, 1981
THE YOKOHAMA SPECIE BANK,
LIMITED.
Established 1880.
...$6,000,000 .U.S.$1,672,456 .0.9.$1,008,209
BRANCHES--
Селов Gingow Havers
**IN'
Amsterdam Autward
Kaples
h
Fitnone
Üçü
Baman
Brusela
Hambers Bane Interlaken Jarunsinin Lido Londoa
Pala
Foong
Liverpool
Yen 115,000,000
Cairo Calculia CABR
Constantinopla
Capital (fully paid-up) Yen 100,000,000 Reserve Fund ..
Head Office:-YOKOHAMA,
Branches and Agencies st:
Nagasaki
Alexandria
Batavia
Berlin
Bombay
Dalcutta
Canton
Changchun
Dairen. (Dalny)
Nagoya
Newchwang
New York Drake
Paris
Peiping
Rangoon
Fangtien (Mukden) Rio de Janeiro
Hamburg
Hankow
Harbin Hong Kong
Honoluln
Kai Yuen Karachi
Kobe London Los-Angeles
Manife
San Francisco Beattle Semarang Shanghai
'.
Sydney
Tientsin
Tokyo
Talogtan
Interest allowed on Current Ae-
- counts. ANSA.
Deposits received for fred periods
at rates to be obtained on application
X.MORI
Manager.
Hong Kong, 10th July, 19827
Banda Aro,
Celemba
Copenhagus Edsborg's Flation
Or
Luserta Ligam
Marsilas Monte Varia Manila Kenich
Montreux Allan
Pokies Falarmes Rotterdam Вокоф Bimboy! Shanghai Belhampion
Gangepors it. Moriss Tientsin Viazan Vraios Tokobame Zuriob
Branches of American Expres Company in Principal cities of Unit ed States of America and Canada.
All classes of Commercial Banking Transactions undertaken.
Personal handled..
investment
Recounts
D
Branches, Agencies and Correspon- dents in the principal cities of the world.
Every description of Banking and Exchange business transacted.
TAN ENG HOOI,
Manager.
NEDERLANDSCHE HANDEL MAATSCHAPPIJ, N.V.
(NIIHLETANDS TRADING SOGIETT)
BANKYES,
Enablished 1894. ・・
Mang Kang Oos-1), Queen's Bout Duschenă. Authorized Capital Glass 10,000,000. (4131,800,000) P4-Up Capital Delidare 80,000,00
(26,000,172) More Fund skammengemma. Quilders" 60,015,006 (69,004,500;
Head Off-AMSTERDAM” Eastern Head QH100:-BATAVIA. BRANOIDES – Bandsemasa, Bandong", Beny,
Delouita, Charbon, Dumber. Djak Jakuzio", The Bagost, Jeddah, Kobe,
Pekalongan
Kota Bedja, 'Makumar, Madsa, Padang
home
Palembang Pontianak Baman
PHONE:
Bibol
(Bumare), Pingapore Bourbels Bosenkarta (Solo), Taghi, Tjilajay and Waterraden'
* Thans omioon kara enfe deposis bazen, la lai Condom Banker:---National Provincial Bank Ltd. Correspondante all over the world
Banking busin of vaky ------
description trapected.
A. STOXKINK
Hong Kong, 18th Moguni, 1900,
THE BANK OF CHINA.
行銀國中
Reorganised October 26, 1928, under special charter of The National Gov
ernment as an
INTERNATIONAL EXCHANGE
4
BANK. Subscribed Capital Paid-Up Capital Reserve Funds ....
.$25,000,000.00 .$24,710,200.00 .$.0,820,609.82
HEAD OFFICE: SHANGHAI,
HONG KONG BRANCH:
4, Queen's Road Central
Owing to our sumarons branches in China and large connections in the im- portant commercial centres of the world, we are able to extend to our clients special facilities for domestic and foreign banking and exchanges.
We also handle the issue of Bends and other Public Funds of the Chin ase Government both at home and
abroad.
SHOU J. CHEN,
Hong Kong, 5th March, 1981.
THE CHINA MAIL.
MR. GANDHI'S PROMISE.
29
and
Commerce
Finance
Menace of 'Japan's
Competition.
Bombay, June 26. Congress policy certainly was not intended merely to restrict importa from Lancashire but to restrict all Imports of foreign cloth, and be would direct his particular atten- tion to the menace from Japan, de-
INDIAN ECONOMY,
Percentage Cut in All ́
Salaries.
Simla, July 7, The General Purposes Committee on Retrenchment, dealing with the expenditure of several Departments of the Raj, has issued the following statement:-
"A great deal of misapprehen-
11
BUSINESS DIRECTORY
DRAWNWORK & EMBROIDERIES]
Manufacturers & Exporters of
ALL KINDS OF
SWATOW DRAWN
WORK
AND
ART EMBROIDERIES
SHAWLS
UNDERWEAR
PYJAMAS
KIMONOS.
SWATOW TRADING CO.]
Phone. 23303.
ATTRACTIVE TAILORING
clared Mr. Gandhi in discussing sion, and a feeling of uneasiness,5, Pedder St. opp. Hong Kong Hotel||| various matters connected with the appear to have arisen in the public textile industry with Mr. H, P.' mind and also among the staffs both Mody, Chairman of the Millown--the higher and the lower grades, ers' Association, Mr. S. D. Saklat- as to the methods we intend to Waia and Mr. Lalji Naranji in follow. Bombay to-day.
was
"We assure the public and those more immediately concerned that, in pursuing our inquiries, we have the following general principles and mode of action in view.
"We shall deal as fairly and equitably as lies in our power be- tween all classes, of employees of the Raj, from top to bottom.
The discussion centred in the in- creasing imports of Japanese piece goods, particularly silk goods. It that it was pointed out very unfair that while the textile industry was being ask ed to give up, the use of arti- ficial silk yarn, imports of this class of goods should be increasing at an alarming rate, disorganizing the trade not merely in artificial Bilk goods but also in other simultaneously, two ways of ap varieties.
to proach in order reach the -maximum amount of economy with- out Injuring the best interests of the country,
"I order to save undue hardship on the part of any class or indi vídual,
propose to puraue,
we
--Mr.--Gandhi-said—that he waa aware of the position, but it was an article of faith with him that the use of any foreign manufactur- "The two methods are (1) a per-
the composition of centage cut in all salaries, conces ed articles in cloth turned out by Indian milis sions and allowances, perhaps' upon was detrimental, to the Interests of a graduated scale, and (2) the cut- the masses. He explained his.ting off of superfluous activities, or point of view at some length, and the suspension of such activities as regretted his inability to be deffect it is possible to suspend for two ed from the course of action that years without much lons, and the he had mapped out by any disad-reduction of officers, staff and other vantage which might accrue to the heads
without jeopardising the which, he thought, efficiency of the Raj. industry and
be of would only
a temporary character.
Special Tariff Suggestion. He, however, realized very fully the menace of Japanese competition and said that he would leave no stone unturned to deal with it If and when a satis- effectively, factory settlement was reached, he said, Japanese competition might be dealt with by means of a special The whole position was one tariff. which would have to be seriously considered "in the nearest futuro.
"In connection with the percent- age cut, the co-operation of all the Services, auperior and subordinate, is necessary and we desire to ex- press the hope that such co-opera- We be- tion will not be wanting, lieve that public opinion will gen erally approve this method..
Fur-
ther, we shall consider reasonable compensation for those likely to be affected by proposals which will produce savings.
"Lastly, we will take up the question of the pay. of future en- Mr. Gandhi arrived in Bombay trants to the Public Service, with a this morning, for a brief atay In view to placing it on an economic the city. He spent a quiet morn-basis." ing, receiving only a number of friends, including Mr. Vallabhai Manager, Patel. The only engagement in his programme to-day, apart from his talk with Mr. Lalji Naranji and Mr. H. P. Mody, is the meeting in the evening at the Taj Mahal Hotel with the members of the Bombay Dinner Club at which, other Congress leaders are also ex-
Berlin, July 6. pected to be present.
The Press 'stresses the point that Accompanied by Mr. Vallabhal only three countries in Europe- Patel, Mr. Gandhi_will leave for Britain, France and Belgium-havo | Bular on Friday evening and after no cartel organisation as regarda fulfilling a day's engagement at artificial allk. But in France thé
THE BANK OF CANTON, LTD. Established 1912.
Head Office:Hong Kong. Authorised Capital (B.E. 'Currency) (11,000,000
· Paid-Up - Capital
6,605 600- Besarte Fand
1,100,000
BRANCHES Danlod, Shanghai, Hankow. Suason. Bengkok,
ARTIFICIAL SILK.
International Cartel Prospect.
The Latest in Gentlemen's Outfiting
AT PRICES TO SUIT ANY PURSE. PERFECT FIT AND RELIABLE SUITINGS.
WING HING CO.
Gentlemen's ~OutåttersTM
64. Queen' Rd. C.
Tel. 21417,
DENTISTS.
HARRY FỌNG, Dentist,
lat floor, No. 74, Queen's Road
Central. Tel. 21255.
TANG YUK, DENTIST.
Successor to
the late SIEN TING,
· 14, D'Agullar Street."
TÉRMB 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. New Wark & Repairs. Call Fing "L".
Bole Agents for Kelvin Motors.||
FRUITS.
JUST ARRIVED Sunkist Oranges...$1.00 per doz. Sunkist Grapefruits $3.50 per doz
"WING"
BRAND
Coffee, Tea, Hawaiian Jams, Jelly and Fruit Preserver.
WING COFFEE CO.
Tork and Sam Fraasison. Pardi Taluke, he will leave for prospects of an agreement between 139, Des Voeux. Rd. C. Tel. 25889.
CORRESPONDENTS
LONDON, BANKERS I
The Lloyds Bank, Limited,
in a principal clilae of the World. Faraigs
bange and banking business of erary dasodplion trusesched
•
Mala Depoult Bazoo (various uides) at a yuriy
LOOK POONG SHAN,
Chief Manager.
THE BANK OF TAIWAN, LTD.
(TAIWAN GINKO.)
HEAD OFFICE:-Taipeh, Formosa,
Incorporated by Special Imperial Charter, 1899.
Centru Bank in Formsons. Bank-Noken Luad Avenge amouni ...Xen. 48,200,000 - BRANCHES AND 40ENCIES, JAPAN-Tokyo Yokohama, Koba, Daka
The Company offers to intending Travellers the use of its "Travelers | FORMOSA 1-dirsne Laga - Kawika · Esslung, Chequel" and Letters of Credit and, In addition, the world-wide services of its thoroughly equipped, Travėl Do-: partment
Afiliated with
THE CHASE NATIONAL BANK
Resources
MOTHER, ARCHIBALD GUTTEŃBANDS, IS: CALLING TONIGHT, WOLILD YOU 'MINE): (==) ENTERTAINED [HIM IN HERE?
THATS ALL RIGHT, DEAR, ILL POSTPONENTY: PLAYING UNTIL TOMORROW.LE GO UPSTARS: AND READ
Over G12,500,000,000.
·Makong, Histo, Shimshiku, Zaloky, · Talaan, - Takao," CHINA Shabbaton, Hesto, T.
Bankow, may. Foochow Bwadow, Dsalon.. OTHERS og Kong Singapore, Bourabaya,
Semarang Batavia, Bombay. Calais London, Bow Tork, Dalzue.
LONDON BANILLAS:
The Tooden County Wasimlorier and Parr's Bank. The Bank has Correspondanie Leall the principal Commercial Clew throughout, ihn work,
E. NAGUBA,
Manager.
HONG KONG BRANCH
Du Vonz Bead Casirat."
Borsad on Saturday.
A request is being made to the Fedoral Department of Mines by persons Intereated in the peat in dustry for a survey of the peat beds in the north-eastern part of Mani-
toba.
becoming pro- the producers are bable, and this would be the prin- cipal condition of an international understanding, which would also make it possible to reduce the com petition 'on the American market. Negotiations are expected to begin abortly.
THE BANK OF EAST ASIA, LTD.
Established 1918.
HEAD OFFICE:
10, Des Voeux Road, Central. HONG KONG
-Capital and Sarpins
Total Resources
over H.$ 8,000,000.00 .............. over H-$30,000,000.00 Every description of Banking and Exchange business transacted.
Currant and Fixed Deposit Accounts in local and for- sign currencies opened for clients."
Savings Account" and Fafe Deposit Boxes. Branches and Agencies all over the world,
KAN TONG PO,
Chist Manager.
ONLY
HAIR DRESSERS
TWO
HOURS
TO
Transfigure
You.
INDOOR GOLF.
THE GAME OF
GAMES.-
The charm of Miniature Golf is that it offers both young and old an equal chance of ÈNGGOSS and amusement.
Two Games on the Roof of the King's Theatre Bldg. wil pay for your afternoon texat Lane Crawford's.
JOIN THE MERRY, THRONG
at
THE KING'S MINIATURE
GOLF COURSE.
LITERA
BOOKS for All
Bibles, Pocket Testamente, Prayer Books and Stationery.
General Literature Presentation Books, Children's Books a Speciality. THE BOOK & BIBLE DEPOT Wyndham Street.
Next to King's Theatre. Agente for
British & Foreign Bible Society and The Religious Tract Society.
',
SWATOW DRAWNWORK.
JUST OPEN!!!
: LAI YANG EMBROIDERY CO.
2. Wyndham St. (above Book & Bible Depot) Direct Exporters of Swatow Drawn. Silk Shawls, Work, Embroideries, Irish Linen & Grass Cloth, Handmade Laces & Ladies' Underwear.
WHOLESALE AND RETAIL.
OPTICIANS.
THE HONG KONG OPTICAL
"COMPANY"
Phans 22232.
53, Queen's Road Central.
SHOES.
MADAM KATIE'S BEAUTY 'PARLOUR. 31, Wing Lok Building, -
Kowloon.
LEE YEE.
Tel. 50841.
'Ladles' and Gentlemen's Hafr
Pair Black Or Brown Shoes from $5.00. Black or Brows Boots from $8.00. Children's Boola er Shoes from $2.06.,
Best styles, most complete stock "of all sizes. Repairing a specialty.
WONG SIU WOON Z 81, Pottinger St.
Phone 21473.
SPORTING GOODS:
ATHLETIC
GOODS
Dressers & Booksellers.THE LIANG YOU CO..
"No. 12, D'Agullar, Street.
(opposite Queen's Theatra).
70, Queen's Road C.
Tel. 50862
C. H. BENSON;
General Manager,
Hour Kong. 19th January, 1972.
BRINGING UP
FATHER
-2M-M-M-WOULD YOL): LIKE TO TAKE A WALKI
BAD
DO YOU KNOW.. that
"BRBAK
paying $130.00 down
and $23.00 per month for a limited period
you can become the proud owner of a
GENERAL ELECTRIC
ALL STEEL REFRIGERATOR
on view. at:
The Hong Kong Electric Co.,,
The General Electric Co. Lt
Co Ltd.
Atidarsén