BANKS
HONG KONG. AND SHANGHAI BANKING CORPORATION.
Axikeriană Custial
Loved and Fally, Pull-up - $36,900,000 Boarvo Punk 20
Li
Sterling with ☎ 6,600,000 Stor .............. $18,000,1NG Mamorro Kinh City at Propelatore | #36,000,000
HMAD USPION: HONG KONG,
BOARD OF DIRECTORI:--
Hou, Mr. J. 7, Paterson, Depeky Chairman.
| MEAL MY ®, H. Bai, T. X. Youn......Beg
¿d. M. Dimphoa. Eng. 3. A. Flumma, Mig
D. Lander Lewis, Esq. T. H. X. Haw, Høg.
38. Makin Bag. § 7. P. Wazio, Jog.
AMOY
BAYOKON
DATAFIA
BOMBAY
CALOUITA
*CANTOR
DIEPOO COLOMBO DAISEN
IOCIZOW
TN1010 HAMBURG BAKION
HARBIN
HONGENW
ILOILO
EPORT
JOHOR
COUR
KOWLOON
Chial Manager
ANCHES:-
KUALA LUMPUN
LONDON LYONK
MANILA
MUAN (2ıkarı)
MODIN
-NEW-YORK-
PRIPING
TEXANG
KAKOOON BAIGOT
SAN FRANCISOS
GITARUHA
BIBOAPORE
BONRABATA
BUNGE PATANI TIENTREN
ΤΟΥΤΟ
THINGTAO
TOKOHAMA
Cheras Abogata spana in pond Currency and Fixed Deposite odred for non your # sharbor perinde in Econ! Caresnay and Eterlag at borne which will be quoted un' appčiantian. Hong Kong, 2912· February, . 1901,
HONG KONG SAVINGS BANK.
The Business of the above Back is conduct
w by the HONG KONG AND BILANGITAS BANKING CORPORATION. Halso may be abalood on application.
FOR THE HONDKONG AND BRAMOHAI BANKING CORPORATION.
7. M. DRAYBURN,
Elang Kong, 18th July, 2000)
i Olled ManiZW.
THE BANK OF CHINA. 行銀阈中
Loorganised October 26, 1928, under
special charter of The National Gov- ernment"às an
INTERNATIONAL EXCHANGE
BANK.
Subscribed Capital' j...$25,000,000.00° Pald-Up Capital .......
$24,710,200.00
Reserve Funda !..........# 8,820,508,82
HEAD OFFICE: SHANGHAI.
www.icomm
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 world, we are able to extend to our clients special facilities for domestic and foreign banking and exchanges.
We also bandle the issue of Bonds and other Public Funds of the Chin- exo Government both at home and abroad.
SHOUW. CHEN,
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA. Incorporated by Royal Charter, 1858.
BEAD OFFICE: LONDON,
Paid-up Capital
THE
CHINA MAIL.
THE HO HONO BANK, LTD.
(Established 1917.)\
HEAD OFFICE:—SINGAPORE. Hong Kong Branch; 13, Queen's Ed. C.
Issued Capital ....
Authorised Caplial Straits $20,000,000
8,000,000,
Paid-up Capital ...
4,000,000
Reservo Liabilities
of Shareholders, Surplus.
4,000,000
2,087,000
Reserva Fund
.£8,000,000 ..£4,000,000
Reserve Liability of Pro-
prietors
.£9,000,000
Agencies 'and. Branches:.
ALON STAR
KUCHING
MADEAS
AMBITBAN
DANOKOK
BATAVIA
BOMBAY
OLLOUTTA
CANTON
CAWNTORN ORBU COLOMBO DAIREN DELHI
HALPUONGI
HANDURO
ПАНКОЙ
HALDIN
IZOLLO
MANILA
MEDAN
NEW YORK.... —---
PKPING (Poking)
PENANO
BANGOOS
BATOON
BEMARANG
SEDEMDAN
SHANGHAI
DINGAPORE
SITIAWAN
дока кома
BOUHADATA
"TAIPING /
ТІБНІВЕН
TDXYO
TOYOKAI (Dhukat)
TOKOHAMA
Goporal
100
KARAULT
KLAMO
KODK
KUALA KANGBAN
KUALA LUMPUR
TRINUZAQ
ZAMBOANGA
Foreign Exchange
and
Banking business transacted.
Current Accounts opened and Fix.
ed Deposits received for one year or shorter periods at rates which will be quoted on application.
J. STUART,
Manager. Hong Kong, 17th August, 1931.
NEDERLANDSCHE HANDEL-
MAATSCHAPPIJ, N.V.
(NETREBLANDS TRADING BOOZETT)
BANKIBA.
Established 18.
Hong Kong flow :—11, Queen's Bond Cented.
Authorland Capital
Paid-Up Capital
Camorra Pani
Guildes 250,000,000-
(13,630,008.) Gläses 8,500,000 Ouilders 44,611,000 (20,211,640)
Bead
AMSTERDAM” Kastors Kind Offos :—BATAVIA.
DRANCITES 1- Bandiermasin, Deadcang", Bombay,
Calonia, Cherion, Disember, ph jakarta", The Elaqua', Jeddah, Koba, Koša-Badia, Kakwear, Misdan, Padang Palembang, Forslangen, Ferang. Pontianak, Bangoon, Botterdam", Bamariag Shanghai, Sibolgi {Bamars), Bingspoes, Rourately Soseskarta (Solo), Tagsi, Tjilalap naž Waliovrede.
* Tamo allows baru sala dagoeli bezas is lek. London Barkers1-National Provisotal Bank Tál, Correspondente ali prar the world
Bisking bullkom oË STOTY Kamorspline śransacted,
· 4. STOKKINE,
Hong Kong, 18th Augnak, 1999,
THE
Branches, Agencies and Correspon dents in the principal cities of the world,
Every description of Banking and Exchange business transacted.
TAN ENG H001,
Manager,
BANQUE DE L'INDO-CHINE.
HEAD OFFICE: #8, Boulevard Haussmann, Paris. 'į
Пра
Subscribed Capital Fra. 72,000,000.00 Paid-Up Capital...Fra. 68,400,000.00 Beserve Funda Frz.102,000,000.00 BRANCHES: Bangkok Hong Kong Quinhon Battambang
Saigon Cantho Mengtze Shanghai Canton NamDinh Singapore Djibouti Numpa Thành Fort-Bayard Papeeta Tientsin Peking Haiphong Bankow Hanoi
•
Tourant
Pnom Penh Vinh Pondichery Yunnanfa BANKERS:
IN FRANCE: Comptoir National 'Escompte de Paris; Credit Lyonnais; Banque de Paris et des Pays-Bas Credit Industriel et Commercial; Bo date Generale.
IN LONDON: The National Provin- Union Bank of England, Ltd. Comptoir National d'Escompte do Paris; Credit Lyonnais.
IN NEW YORK: J. P. Morgan fa., French American Banking Co poration; Guaranty Trust Co. of New York.
I
Interest allowed on Current As counts and Fixed Deposits according to arrangements.
Every description of Banking and Exchango Business transacted. Bafe Deposit Boxes to let
A. BONNAUD,
Hong Kong, 1st May, 1991.
Manager.
THE NATIONAL CITY BANK OF NEW YORK,
HEAD OFFICE: 65, Wall Street, New York.
Capital, Surplus and
Undivided Profits ..U.S.$226,037,892
Branches in
ARGENTINE
Menge.
BELGIUM BRAZIL
AMERICAN EXPRESS COMPANY,
INC.
Head Offles: 65, Broadway, New York.
Capital Burplus Reserves
U.8.$0,000,000 U.S.$1,572,454 U.S.$1,908,200
BRANCHEB:
عبان
Árnasorta
Q
Manager.
Antworp
Darlin
Hong Kong, 5th March, 1981.
THE BANK OF CANTON, LTD.
Established 1913.
Head Office:-Hong Kong.
Athorne Capital (II.X. Outroney) $11,000,000.
• Pilt-Up Capital mate
Bimera Fond veins
*BRANCHES 1-
Canton, Exazghal,
Baie
Barbar
Brasson
HATICA Hambary
Laberakom Facul
Bush Air
Lo London Liverpool
Caira
Daouthe
Colomb
Non Naples
Lenang Feking Talartos Betterdazi
Bambol Shanghai Southamplo Bbgapore 61, Morisa
Munaliion
Colopla Monte Carlo
1,120,000
Copenhagen
Florease
Branches
Malle Munich
Vianas
Fouine
Montreux
Toko
Mutan
of American Express Bankow. wwww Company in Frincipal cities of Unit- Bangkok, New York and an Trained States of America and Canada.
OOHRESPONDENTS
LONDON BANTX181-
The Lloyd's Bank, Limited...
I all principal oibles of the World
Por
change and banking bustangs of
ivory kaeceiptiom kesanacted.
Sale Deposit Boss (racione sians) as a ponty
matel of from $14.
LOOK POONG SHAN,
All classes of Commercial Banking Transactions undertaken.
Personal
handled.
Chief Manager.
investment accounts
*
CHILE
CHINA COLOMBIA
MEXICO
LONDON
PANAMA
PERU
PHILIPPINE
ISLANDS
STRAITS
CUBA DOMINICAN
PORTO RICO
REPUBLIC
INDIA ITALY JAPAN
SETTLEMENTS
URUGUAY
VENEZUELA
Commerce and Finance
LONDON STOCK · EXCHANGE.
Saturday Opening from September 19.
For the first time since April, 1917, the Stock Exchange is to open on Saturdays, commencing from September 19.
The announcemont was made in the following official notice posted in the.. Committee Rooms of the Stock Exchange on August 20-
EUROPE'S ECONOMIĆ
ILLNESS.
Political Security the Great Need.
"The problem is fundamentally political; it is worse than useless to shut our eyes to this obtrusive fact," says the August Lloyds Bank monthy review, dealing with the' German crisis. Stress is laid upon the need of political security in
the real Europe as
basis
of
In view of the situation in the financial atability. country and the desirability of "The London Conference, how- affording facilities for dealing, ever valuable its conclusions may the Committed for General Pur- have, been as a palliative, did not
to open or was not able to direct a penetrat poses have resolved the House on Saturdays on and ing gaze into the centre of the trouble," cóntinues the review. "To after September 19.
and to vicarious Regulations as to the delivery) preach
effort of stock will be posted at a later expect financial institutions to con- date.
tinue short-term credits to Ger- The action taken by the London many while averting an Immediate Stock Exchange has already been collapse has not set the financial and followed by the Birmingham Stock Industrial activity of Germany go- Exchange, and other provincial ing again, and Germany is still v centres are expected to fall into line ing from hand to mouth. The pro- blem is fundamentally political; it with the new arrangement.
is, worse than useless to shut, our Tho eyes to this obtrusive fact. economic malaise of Europe has its roots in bewilderment and anxiety, It is understood that the matter in haunting suspicion and nervous will come before the Manchester acrutiny of the future. It may be Stock Exchange committee at an ascribed to the lamentable 'failure carly date, and the Glasgow and to produce what Mr. Gladstone, in a Dublin Exchanges are also expected memorandum prepared in 1869 for to follow London's lead.
her Majesty Queen Victoria, de scribed as 'marked development or maturing of a common or public or European opinion as the best stand- ing bulwark against wrong."
At the committes moeting the Liverpool Stock Exchange
It
is expected that a six-day week pro posal will be adopted.
Later Closing of Banks? With the opening of the Stock Exchange on Saturdays, the leading joint stock banks may have to de- cide to extend their hours of busi-
ness.
"Some of the grievances of the Central Powers are probably unsub.
we cannot reach Although Stock Exchange bust-stantial, but ness only immediately affects those sottlement. of good sense unless the banks that are actively concerned political and economic facts are
WEDNESDAY, SEPTEMBER 23, 1931,
NOW ON SALE
The
CHINA YEAR BOOK
1931-
EDITED BY
H. G. W. WOODHEAD, 0.B.E.
"A. Mentor Superb.... . It is not an exaggeration to say that the "China Year Book" is one of the most remarkable produc- tions of its kind in the world.. .. No-one who pretends to dostra to discuss or ́study affairs in China can afford to do with- out this book,"—North-China Daily News.
The "China Your. Book" as it is 'presented to-day,"is、a volame that no newspaper, commercial, government, in fact any office
can do without."-China Press."
"There is no single, work containing such a mass of varied and most useful information on things Chinese as the "China Year Book." Similar publications exist in many other countrios, but few can compare with, and monoexcels, the latest iazuo of this work." Finance & Commerce.
On Sale at
*
Messrs. Kelly & Walsh, Ltd.,
Chater Road,
HONG KONG
and
Commercial Press, Ltd.,
PRICE
CANTON
$20.00 net.
in clearing, it would be impossible examined with, amplitude of grasp MATCH MONOPOLY IN
afforá
to confine the additional opening and placid severity. Great Britain period to those particular branches, and France and the United States and the whole of the banks in Lon- cannot
to contemplate don would have to fall into line as financial and political chaos in Ger-
time of closing regards the
on many, but no remedy wilt deal with Saturday,
causes as distinct from symptoms If Up to 1902 the London banks re- it does not take account of the mained open for business on Satur- European need of political security, days still 2 p.m.It was then alter which is fundamental. What is
· COLOMBIA.
Government Loan Pact
with Kreuger and Toll.
ed to one o'clook. During the war, really required is diplomacy in the Á Trade Service message in consequence of the closing down highest sense of the word; the per- from
Stockbrokers" Views.
Bogota
the
says that of the Stock Exchange on Satur-spicuous conduct of those great whole of the loan of G.$20,000,000 day, the time was altered to 12 negotiations, political and economic, (£4,000,000) from the Kreuger and Commercial and Travellers' Letters o'clock and has remained so ever on which the welfare of nations de- Toll Company, in return for which of Credit, Travellers' Cheques, 'Bilis į since.
pends. It is only by such means that the company is granted a monopoly of Exchange and Cable Transfera
enduring peace for Europe can be for the manufacture and importa- bought and sold. Currant accounts
The Daily Telegraph's City procured, but they imply the tion of matches in Colombia for& and Savings Bank accounts opened
essentials of adequate preparation, period of ten years, will be devoted and Fixed Deposits in local and for-.] Editor writes: eign currencies taken at rates that While there is some division of of larger deliberation, and a true to the construction of public works. may be ascertained on application to opinion as to the supposed advant-sense of values.
The match, industry has hitherto the Bank,
"Of one thing we may be certain, been largely under the control of We are also able to offer our Cusages of opening the House on Satur- tomers the services of the Branches days members generally welcome the policy of political shifts and foreign capital, although there of the International Banking Corpora the opportunity of a gesture which financial expedients is allowing existe a number of small indepen
as much pre trivial questions to become serious dent producers who will now be tion in San Francisco and Spain and shows that they are also of The National City Bank of Now York (France), 8. in Paris pared as any class of the com- and serious questions to become absorbed. Wax matches, usually,
and Nice.
F. McD. COURTNEY, '' Manager, Hong Kong, June 10, 1931.
THE BANK OF TAIWAN, LTD. (TAIWAN GINKO.)
| HEAD OFFICE:-Talpeb, Formosa,
Incorporated by Special Imperial Charter, 1895.
Back-Boter Mamad Armage amount .......?
BRANCHES AND AGENCIESA,
Central Bank in Yorno, The Company offers to intending JAPAN-Tokyo Yokohama, Kobe, Osaka Travellers the ass of its "Travelers FORMOSA :—liran, Kageka Lesions Chequed" and Letters of Credit and, Making Hanko, Shinskiim, Taichu, Talmane Amor, Tuvshow,
THE YOKOHAMA SPECIE BANK, in addition, the world-wide services buÍNA bangbal, k
„Takso, Turmani, Zonny Hadle, Talla, LIMITED.
Established 1880.
Capital (fully paid-up) Yen 100,000,000 Reserve Fund........Yen 118,200,000
Head Office: YOKOHAMA,
Branches and Agencies atz Alexandria
Nagamki Nagoya Newchwang
Batavia Berlin
Bombay
Calcutta
Centua
Changchun
New York
Oraks Paris
Peiping Bangoon
San Francisco
Seattle
Dairen (Dalny) Fongten (Mukden) Rio de Jazater Bamborg
Kong
Honolulu
Karachi
سلامات
Bemarang Shanghal Shimonogali Singapore Boerabaya.
Tokoro Tsingtan Interait allowed on Current Ae- counts.
Deposits received for fixed periods: at enter to be obtained on application.
IL MORI, N
Hong Kong, 11th September, 1831. -
Affiliated with THE CHASE NATIONAL BANK Resources ..Over, G$2,500,000,000
Peroneang, Bataria, Eu Calouste London, Kaw York, Dalius.
LONDON DANKEES Į
The London County Wertzainder and Pan's Book.
Commarvial. Osniems skroughout the world.
K. MAGURA.
munity to serve the public interest. dangerous."
The pros and cons of Saturday
normally,
of excellent quality, are largely used, in spite of their not being suitable for tropical regions, In
opening on the Stock Exchange are resumed the City's financial ma have been re-argued again and chinery will work smoothly and consequence of the limited amount again, but even those who most strongly objected to a curtailment of their week-end holiday were eventually inclined to bow to the Inevitable.
Another Comment,
of local supplies of wood suitable for match manufacture considerable Members of the Stock Exchange Imports from Sweden will be au- ware taken completely by surprise Į thorised. by the committee's announcement
The decision, it ahould be em- that the House would be opened phasised, was arrived at without for business on Saturday on and
own house.
FOREIGN GOODS.
CLAREMONT
PRIVATE HOTEL. Austin Road, Kowloon, (Facing the Kowloon Cricket Club. Four minutes from forry by bus.)
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 noise, yet easily accessible. Terms very moderate. Reserva- tions by letter or cable,
CLAREMONT
Tels.: 67889 & 67885 (Private). Telegraphic Add.: "Fern" HK. Our motto is "SERVICE,
official pressure of any sort, either after September 19. They had be- "UNPATRIOTIC” TO PURCHASE from the Government or from the
come so accustomed to a five-day tions The Stock Exchange is very thought that such a banks or other financial Institu- week that most of them had move on the jealous of Its rights, and quite part of the committee was in the properly claims to be master in its highest degree improbable, especial speaking at Bournemouth, made a Sir Henry Page Croft, M.P. ly in these days of abnormal in strong appeal for national co-opera of its thoroughly equipped, Travel Dealer canoes, Bingapore Barabaya, which the Stock Exchange will be
So far, the actual hours during activity.
tion to assist British industry and partmeąt.
While some members expressed
finance. Ho declared that, owing on Saturdays Indignation at the committee's de open for business have not been fixed. Within the
to reduced exports and the great cision, the majority seemed to bo
flood of foreign imports, there ALEXANDER The Back Res Carwpondant in next few daya all the necessary in favour, holding the view that
steps ahould Have been taken to even if it brought them little extra was for the first time an adverse ensure that when Saturday dealings business immediately, the opening balance of trade after allowing for INSTITUT
DE BEAUTE THE MERCANTILE BANK OF
of the House on Saturdays ought all invisible exports.
"While the present crisis lasts it to lead to an increase in pubile INDIA, LTD.
Is just as unpatriotic for a man og Interest in markets. It is pointed.
woman to buy a foreign article as out, on the other hand, that in preif he or she had been helping the war"days Business was always on a
enemy during the war, and if every very small scale on Saturdays, ex- Briton Insists
Bri-Lustrous Oll Permanent Hair Waves on buying cept in boom times, and that the tish goods only it will be of the which are Large, Soft and Natural fact that Wall Street does not open
Artistie Finger and Marcel Waves, Off in restoring the Treatment, Sharapooing. Henas Pack greatest help until two or three hours after the
balance of trade, in stengthening (any colour), Hair Cutting and Man!- closing of the London market pre- cludes the possibility of interna- and employing our people.
"Everyone should notify his tional dealings. In Anglo-American tradesmen forthwith that he must favourites on that day.
Kacige.
C. EL BENSON,
General Manager.
HONG KONG BRANOH”
5. Das Twey Bond Castrel Gong Xing. Ik January, 1998,
THE BANK OF EAST ASIA,
Established 1918.
HEAD OFFICE:
10, Des Voeux Road, Central. HONG KONG
Capital and Surplus .... Total Resources
LTD.
over FL.$ 8,000,000,00 ........... over H.$30,000,000.00 Every description" of Banking and Exchange business
urrent and Fixed Deposit Accounts in local and for-
eign currencies opened for clients.
Savings Account and Safe Deposit Boxes. Branches and Agencies all over the world.
KAN TONG PO,
MEAD OFFICE
10, Gracechurch Street, London, 2.0K
..£8,000,000 Authorized Capital Subscribed Capital... 1,800,000 Pald-up Capital
1,050,000 Reserve Fund, and Rest 1,666,845
BY BANKERS Back, KAZ.
Dalki
ملة
BRARUKERI
Few Toch -Penang
Jp
Fort Laude
· Kota Bharu
Kosis Kred. ··
لا صلة سيلا).
Ghonghal
Kuala Lumput“ Fémis Hong Kong, Kussion (Fhbang) Bingspor Howish
Barbare
*IN HONG KONG BRANGU,
When the new arrangements have not be supplied with any but Bri- been in operation for a few weeks, tlah goods-British produce, meat If British produce can- and eggs. both members of the Stock Ex- change and the investing public not be obtained then Empire pro rary description of banking and Exchange bod will be better able to judge whether duce should be demanded. Publle any real advantages are to be gain- opinion should be brought to bear Trustbe and Executorships under-ed from the reinstitution of a six on those who ignore their patriotic If men of profitööring dis, duty, HISPEREST, Allowed' Correct cost and day, or rather, fvo and a half-day, Mixed Depolis at Malbe that may be sacarteland business week. If the scheme is position start buying American not a success it will be open to the dollara or selling British stocks they C. L. BANDES,
Manager, committed to reverse their de must be ostracized from decent
society." cision,
Bam Leskajotad, tj
Travailets Clogous formed.
taken.
·cm applikallom,ÍN
Chief Manager.
1. Quson's Road Central,
Phone 25159. Pedder Building (1st Floor)
Opposite Entrance to Hong Kong Hotel
cure for Ladios and Gentlemon, · Con- scientious, Artistic Work by European. Expert, Mr. Alexander.
CHARGES MODERATE.
'A VISIT WILL CONVINCE YOU,
QUALITY PRINTING With Quick Service
THE MEWSPAPER KITTIPRIES LTD.
ORIAA MAIL BLDG.
•
KA ́WYNDHAM ST.