BANKS
HONG KONG AND SHANGHAI BANKING CORPORATION.
900,190,000
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA. Incorporated by Royal Charter, 1858.
HEAD OFFICE: LONDON.
ВАНОКОК
THE
CHINA
MAIL.
THE HO HONG BANK, LTO,
(Established 1917.)
HEAD OFFICE:—SINGAPORE. Hong Kong Branch: 18, Queen's Rd. C.
Authorised Capital Straits $20,000,000 Issued Capital
8,000,000
Paid-up Capital
+
4,000,000
Reserve abilities
of Shareholders Surplus
4,000,000
Commerce and Finance
2,087,000 SAVING THE SMALL
Branches, Agcacies and Correspon- .£3,000,000
£4,000,000 | doats in the principal cities of the
world. ..$3,000,000
NEW TORI
PRPCSO (Pekin) PENANO
Every "description of Banking and Exchange business transacted.
TAN ENG HOOL
Manager.
BANQUE DE L'INDO-CHINE.
Kabberies Cup
Todd Fulis Pull-up
********** $20,000,000
Bro Funda
berling TO
£ 4,10€,DIS
915,000,000
Paid-up Capital
Renarra Fund
Reserve Liability of Pro-
prietors
Agencies' and Branchen: ALUB STAR
KUCHING
AMRITBAU
КАРВАЯ
BATAVIA
MANILA.
MEDAN
GALOUTTA
CANTON
CAWKPORK
COLOMBO
DAIREK
SALOON
DELOI
BEKARANG
GABENDAN
QUANDDAT
SINGAPORE
HITIAWAN
HONG KONG
BOUBABAYA
ILOILO
TAIPING
IPOH
TIENTSIN
KABLOITI
TOKYO
MUAB (Johor)
KLANO
FONOKAR (Ekuko]
MULDEN
XODE
TRINGTAO
ZVALA KANGSAR
TOKOHAMA
Canton
Djibouti
Numer
Fort-Bayard Papeete
Haiphong Hankow Hangi
Foking
Materte Link Elly at Propietats ...... 896,100,000 SWAD OFFICE: KÒNG LONG.
BOARD OF DIRECTOAS:—
. Me, O. a. M. Manila.
Chairman.
Has. Mt. J. J. Paterson, Deputy Chairman,
Hog, M. 4. H. Boll, T. R Power. Mes
4. M. Campion, Tag. 3. 4. Plummer, 34.
Lander Tavlı, Eng. T. II. M. Shair, Dog.
BANGKOK
BATAVIA
MULARIO ITA
ANTON
COLOMBO
J. P.. Warren, Bi
Obat Manager.
ANCHES:-
1,ONDON
NEW YORK
DOMBAY
CEDU
AMOT
DAIREN TOSHOW
HAMBUSO."
HANKOW
LOMON
KON
KOWLOON
AVALA LUMPUR
LTONY
MATAOSA
MANILA
ΤΣΙΡΙΚΟ
PERANG
BANGOON
SAIGON
BAN FRANCISON
REZANOHA
SINDAFORM
SOURABAYA
MUNGHI PATAN!
TIENTRIN
TOKYO
TSINGTAO .YOKOHAMA
Verre Assunta opened in Level Outress wond Trend Daposite recaled far une you
shació parisde la Local Corroney and Morline va tema widok will be gooted en sepiiratiam. Hong Kong, 15th February, 1901,
HONG KONG SAVINGS BANK.
The Burlates of the above Bank is mondmol-
ed by the HONG KONG AND SHANOTAT BANKING CORPORATION,
abiained on application
FOR THE Hönggong AND SHANGHAI SANLINO CORPORATION.
BLAIPHONG RAMBURG.
HANKOW
HARBIN
MANGOON
KUALA LUMPUR *ŽAMBOANDA
Foreign Exchange and General
Banking business transacted.
Current Accounts opened and Fir.
ed Deposits received for one year er which will shorter periods at rates be quoted on application.
J. STUART,
Manager.
Hong Kong, 17th August, 1931.
NEDERLANDSCHE HANDEL- MAATSCHAPPIJ, N.V.
(NETHERLANDS TRADING 900LETT:
BANKRES.
P
Established 18M. Hong Kong Oleo:—11, Qaver's Band Osantrali
Guildare 10,000,000- (13,830,000.1 Guilder 80,000,0
(20,000,❘TH) ......... Quilders 46,013,906
Hules may b
adikoriad Capital
P. Opital
Resorts Fund
Chief Manage
Hong Kong, 19th July, 1800,
V. M. GRATBUEN,
THE BANK OF CHINA. 行銀國中
Reorganised October 26, 1928, under
special charter of The National Gov erament as an
INTERNATIONAL EXCHANGE
BANK.
Subscribed Capital....$25,000,000.00
Pald-Up Capital
Reserve Funds
$24,710,200.00 ..$8,820,503.82
HEAD OFFICE: BUANGHAI,
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 faollities for domestic and foreign banking and exchanges.
We also handle the issue of Bonds and other Public Funds of the Chin- ese Government both at home and abroad.
SHOU J. CHEN,
Hong Kong, 6th March, 1931.
Els for AMSTERDAM* Eastern Hond Osos:—BATAVIA.”
BRANCHER 2– Bandjarmada, Bandong, Bombay,
Onloutta, ben, Deber, Djok Jakarta", The Hagua", Tablah, Kabe, Losa-Nadja, Makamer, Madan, Padang Palmsbang Pekalongan Pening Poulissat Hangoos, Bollardasa » Bibolg Bumstang", Elinghal,
Huzabala Bingapore. (Bomars), Boara (Bola), Tegal, Titiajap and Wellardan.
* These Boon have vale depoult barn to l Landon Bankers :-Halical Provincial Bank Ltd.
Correspondente sil over the world
Banking bosses ni every description translað.
A. STOXKINK
Hong Kong, 11) Aspork, 1996,
THE
Manner.
AMERICAN EXPRESS COMPANY,
INC.
Head Office: 65, Broadway, New York.
.U.S.$6,000,000 U.S.$1,672,454 U.8.$1,908,209
HEAD OFFICE:
04, Boulevard Hansemann, Parks.
Subscribed Capital Fra 72,000,000.00 Pald-Up Capital...Frs. 69,400,000.00 Reserve Funds ....Fr.102,000,000.00
BRANCHES:
Bangkok Hong Kong Quahon
Salgon Battambang Mue Cantho •
Shang Mengtxo Nu Dinh
Thanka
Tientsin Touran Prom-Penh Vinh
Pondichery Younanfa BANKERS:
IN FRANCE: Comptoir National Escompte de Paris; Credit Lyonnais; Banque de Paris et des Pays-Ba; Credit Industriel et Commercial; So 11bs Gonerale.
IN LONDON: The National Provia els & Union Bank of England, Ltd; Comptoir Nations d'Escompte de Paris; Credit Lyonnais,
SHOP.
Multiple Store's Threat.
THE CO-OPERATIVE SOCIETY.
DUMPING THE CAUSE OF FAILURE.
Plymouth Works Closed
The
dumping into Britain
of cheap knitted wear made by Oxford, August 25.
foreigners is stated by Mr. Bab- Will the private shopkeeper Bur vive, in spite of the competition of bage, one of the principals, to be of the closing of the the multiple store and the Co- the cause
Society? \ Important Devnit Works of Messrs. Bab- operative economic changes since the war
bage, Friendship and Hicks Ltd., which affect this problem wore dis- cussed by Mr. Frank Chitham, of Plymouth. Harrods, at the Drapers' Chamber of Trade Summer School at New College here to-day.
The extensive factory, one of the most modern and best mechanical-
"Although the number of Coly equipped in the West Country. opened in 1925 at a cost of many operative Societies has shown steady decline during the last few thousands of pounds, and provided years, owing to the polley of amal. gamation, that must not be taken employment for 200 girls. The to show any slowing up of the liquidation of the firm has thrown
"The most these workers on the dols. movement," he said.
aurprising thing to me is the mem-! Mr. Babbage states that, with bership of the Co-operativa
Societies, which is now over six their up-to-date mothods and latest. millions-an Increase of 84 per type machinery, the firm was not IN NEW YORK: J. P. Morgan cent, in the last ten years.". afraid of home competition, but Co.; French American Banking Cor
The freedom of the Co-operative
they could not hold their own poration; Guaranty Trust Co. of New Society from taxation was strongly York.
resented by the trade generally, against the dumpers." He pointe Interest allowed on Current Acho sald. They felt that this was out that Japanese cotton-jumpers, counts and Fixed Deposits according an advantage which should not be smart in appearance, can be bought at 128. 9d. a dozen, to arrangements.
Every description of Banking and granted by the State to any form wholesale Exchange Business transacted. Safe Deposit Boxes to lat.
A. BONNAUD,
Hong Kong, 1st May, 1981.
Manager.
THE NATIONAL CITY BANK OF NEW YORK.
J
HEAD OFFICE: 55, Wall Street, New York. Capital, Surplus and
Undivided Profits..U.S.$220,087,362
Branches in:-
ARGENTINE BELGIUM BRAZIL
LONDON
MEXICO
PANAMA
of trading, and that they were whereas the woollen jumpers of being ponalised while their formid- their own make were 478. a dozen. Mr. Percival White, who is act able and prosperous competitors went free.
ing as liquidator in the matter, says that,, owing to the unrestrict Workers. Better Clothed.
ed importation of cheap knitted Mr. Chitham considered that the stuff, manufacturers and agents most striking change which had taken place since the war was the throughout the country could not consider either purchasing the. improvement in the standard of
business or providing fresh capital. Not life of the working classes. only were people to-day bettor. clothed than formerly, but they IMPENDING COMPANY REPORTS. were more fashionably clothed. More money was being apont in the Among the important reports home, and the growth of the hire-which are likely to be issued in. purchase system was largely due the near future are those of Singer to the more confident view of the and Co., Crompton Parkinson, and future which a higher income sug- the Industrial Finance and Invest- Much more money was ment Corporation. Last March the gested, being spent on amusements; the directors of Singers announced cinema and motor-coach depended that sales for the seven months to for their financial success mainly Feb. 28 were in. excess of those for the corresponding period of on the working classes.
Since then, Legislation giving additional re-the previous year. lief from unemployment and sick- however, general conditions have of Credit, Travellers Cheques, Bills of Exchange and Cable Transfers nees benefit, &c., had certainly redefinitely worsened, and the pre- the sent price of 10s. 9d. for the Or hought and sold. Current accounts moved the incentive, if not
dinary £1 shares, which were and Savings Bank accounts opened need, for thrift. and Fixed Deposits in local and for-
"In contrast with all this," he high as 358.. 6d. at one time last eign currencies taken at rates that may be ascertained on application to said, "is the decreasing prosperity year, suggests that more difficult of the middle classes. With the conditions have prevailed in the of the accounting of increased taxation, latter part We are also able to offer our Cas-prospect tomers the services of the Branches serious considération must of the International Banking Corpora tion in San Francisco and Spain and given by those engaged in the bet
CHILE CHINA
COLOMBIA GUBA DOMINICAN
REPUBLIC
INDIA ITALY
JAPAN
PERU PHILIPPINE ISLANDS PORTO RICO- STRAITS
SETTLEMENTS URUGUAY VENEZUELA
Commercial and Travellera" Letters
the Bank.
Capital Surplus Reserver
Amatardam
Manager.
Athena Beula
Berlin
+
Biarrila
Baby
Braden
Bela
BRANCHES :-
Casos Uligou Harada Hamburg KAT feteriakan Justendom 1430 London
Nica Hapter
Pacia Penang
power.
Bono Ale
Clairo Caloy the
Lucerna LAERDY
F. MED. COURTNEY,
Hong Kong, June 18, 1931.
Manager.
Mouse L'aria
B1, Moritu Tianidia
Manila
Munich
Montreux
Milan
THE BANK OF CANTON, LTD.
Established 1912.
Head Ofice: Hong Kong.
Asthoclood Capital (H.E. Carranny} $31,000,000
Palk-Up Caplink amin
Burrs Fend imman
+ 1,150,000 BRANCHES
Dunton kanghal, Bankos, Bangs, New York and Nan Frandavo.
CORRESPONDENTS
- LONDON BANKERS :--
The day's Bank, Idmited
Eu si peludipal nilive of the World.
-Taeulen stokings and banking booluare of mary demaiphoa tramensbed.
Ante Deposit Bassa (various slana) ab a zverly
westal of from 35 to $40.
LOOK POONG SHAN,
Chief Manager.
Colombe
Constantiapla
Copenhagen Blabagh Floresce decays
Branches
Faking Pierma Hordam Bersa Kitambovi Shanghai dowilampioc Suppor
Vienne
Trace
Takokaas Lartok
of American Express
Company in Principal cities of Unit-. ed States of America and Canada.
All classes of Commercial Banking Transactions undertaken..
Personal investment account handled.
•
bel perlod..
Crompton Parkinson-
were
26
zble
also of The National City Bank of ter-class trades to the problem of last January to maintain the in- New York (France), 8.A., in Paris meeting the reduced spending terim dividend of 114 p.c. on an and Nice.
increased capital, and it now,re- mains to be seen if the directors Formidable Competitors.
will be able to repeat last year's "It may be said without hesita-final distribution of 184 p.c. The tion that the multiple shops, the Ordinary 68. shares are now quot fixed-price stores, and the Coed around, 208. 6d. The Industrial operative Societies will successful- Finance report appeared towards THE BANK OF TAIWAN, LTD. ly hold their own, and will in all the end of August last year, and
(TAIWAN GINKO.)
www.
HEAD OFFICE:-Taipeh, Formos,
lacorporated by Special Imperial Charter, 1899,
probability increase their share of although profits showed & alight the total of retail trade. All the diminution, they more than sufficed evidence points that way. Tho
to maintain a dividend of 7 p.c. on multiple shops control 15 per cent. the Ordinary capital,
Another Interesting report Issued and the Co-operative Societies 12 per cent. of the total trade of the at the end of August last year was country, and this makes one realise that of the Columbia Graphophone how extremely formidable they Co., but as the company is now have become to the retail trader. merged with H.M.V. in Electric It is the public, however, and not and Musica! Industries, the former those engaged in the trade who chareholders of Columbia may of its thoroughly equipped Travel De' OTHERH-ng Long, Singapore, Bosal will decide the final form which have to wait for the issue, of the
The Company offere to intending Travellers the use of its "Travelers THE YOKOHAMA SPECIE BANK, Cheques" and Letters of Gredit and, In addition, the world-wide services
LIMITED.
Established 1980.
Capital (fully paid-up) Yen 100,000,000 Deserve Fund ... .Yen 118,200,000
Head Once-YOKOHAMA,
Branches and Agencles at: Alszandria
Nagasaki Nagoya
Batavia
Berlin
Bombay
Calcutta
Canton
Changclian
Dairen (Dalay)
Newcowank
New York Osaka
Paria Belping Rangoon
Bart
Tengtien (Makden) Blo de Janeiro
Hatsburg
Hanko
Hoai Konr
Honolala Kai Yuen Karachi
Kabe
London
Angeles
Jan Francisco
gaimonorald Blogapore Boerabuys
Interest allowed on Current As-
Deposite received for fred perioda at rates to be obtained on application.
H. MORL
Hong Kong, 11th September, 1881.
partment.
Affiliated with THE CHASE NATIONAL BANK Resources...Over: €$2,500,000,000
C. H. BENSON,
General Manager.
Central Bank in Estmoss.
BRANCHES AND AGENCIES
000,000
Bank-Nose santled Avrage au JAPAN-Tokyo, Yokohama, Kobe, Omks. FORMOSA,
Kakoog, Naato, Shinchike,
Zainka, Takao, Tamsui, Town, Halio, Talis. CHINA Shanghai, Hackcow, Amey, Facchom.
Birstow, Canton,
Semarang, Bataris, Boobay. London, New York, Dairatz
LONDON BANKEES I
Calette,
The London County Watminster and Parr's Bank. The Dant has Correspondents in all the pricipal Commwal Centres throughout the world,
K. MAGURA
HOKO ONO BEANCH :
-1, Dar Your Bond Central. Hong Kong. 19th January, 1996.
Menager.
THE BANK OF EAST ASIA, LTD.
Established 1918.
HEAD OFFICE:
10, Des Voeux Road, Central. HONG KONG.
Capital and Burplus Total Resources
over H.8-8,000,000.00 over $30,000,000.00. Every description of Banking and Exchange business transacted.
Current and Fixed Deposit Accounts in local and for- eign currencies opened for ellenta.
Savings Account and Safe Deposit Boxes. Branches and Agencies all over the world..
KAN TONG PO,
Chief 'Manager.
retail distribution is to take.
"There appears to be no reason," Mr. Chitham suggested, "why. re- tall traders should not form them- themselves into voluntary groups] for the purchase of merchandise of those kinds where competition is most keenly felt from the fixed- price stores."-
New Shopping Habit.
E.M.I. report for information garding trade in the past year.
BRITISH INDUSTRIES FAIR.
55,000 Invitations To Distant
Lands.
're-
FRIDAY, SEPTEMBER 25, 1931.
Overland China Mail.
A WHOLE WEEK'S NEWSPAPERS IN ONE.
When two men, a Chinese and a Portuguese, were charged at the Assizes with larceny by trick, in obtaining $7,000 on a promise to deliver $10,000 in forged bank notes, severe comment was passed upon plaintiff's evidence by The witness's veracity was also both judge and counsel.
The brought into question on several occasions. OVERLAND CHINA MAIL contains the more piquant features of the hearing.
I
*
•
The serious situation arising out of Sino-Japanese friction in Manchurin, following the alleged destruction of a' section of the South Manchuria Railway by the Chinese, and the consequent occupation by Japanese troops of Mukden and other, towns, seems to have become quieter, at least for the moment. There are still feats of armed hostilities, however. All despatches on the subject are cori...” tained in the OVERLAND CHINA MAIL
The OVERLAND CHINA MAIL also reports the attitude - of certain Naval ratings, outlined at a mass meeting in the Colony, to the reported "cats", in pay of lower ratings. But further messages point to the minimising of the reduc- tions, and no developments have been reported locally.
W
<
At a Full Court of "Enquiry held in the Colony into the circumstances of the loss of the Indo-China Steamship Com- pany's Kwong Sang, the stories of the three survivors were heard. Their version, together with the finding of the Court, appears in the OVERLAND CHINA MAIL,
*
*
An increase in duties upon tobacco and motor spirit Is notified in the OVERLAND CHINA MAJL, together with new duties upon medicated and perfumed spirits, including certain toilet preparations,
.*
#
*
An unusual application for the withdrawal of a peti- tion in bankruptcy, is recorded in the OVERLAND CHINA MAIL. It was, stated that many of the creditors were in favour of withdrawal, on the grounds that discharge in Hong Kong of a debtor might affect their rights to recover in the courts in Canton, from proceeds of his property in China.
*
The OVERLAND CHINA. MAIL, as usual, covers the field of local sport very fully, features in this issue being nccounts of the preliminary cricket practices, and a charity football match prior to the official opening of the season. Reports of the Police and Prisons and all-Chinese swimming galas are also included,
#
*
*
There is no phase of the life of the Colony or of China that does not receive attention In the OVERLAND CHINA MAIL the weekly paper that YOU MUST ORDER NOW,
Letters to relatives and friends in tia, and Canada testify to the keen other parts of the world frequently pleasure and interest its weekly fail to be written even by the more arrival brings.
drdent correspondents. It is o For your folks at Home to 10- kindly thought, therefore, to ensure coive this weekly budget, or is keep that those away from the Colony | yourzei! posted with affairs during or folks at Home, should have an your abarnes, all that you have to unfeiling supply of Hong Kong do is to drop a note to the "Over- and Chinese news every week—by Lond Chins Mall” means of a subscription to the "Overland China Mail.”
The word “Overland" is a re- minder of the experiencs behind the Without any trouble of packing production, it having been publjak- and worrying about the Post Office ed since the early days_of_the on your part, and at the cost only Colony, to be at OVERLAND of $4.75 for three months, the because there toga no Sues Canal, "Overland China. Mall” will be and that was, the quickest route sent Home for you evert, tonak, by which to get mali. Hema. In catching the mail regularly. the march of time the Overland contains the news and special China Mail" has become the most features from the daily "China popular weekly news budget, as is Mail" that make a studied appeal has been compiled just to suit
people
with any interest present-day requiremente, as it has whatsoever in Hong Kong, and done all along. What more could many letters from Home, Austra-be desired 1.
to
READY NOW.
Mail via Suez closes at 10,30' a.m., Sept. 26. and vin Siberia at 12.30 p.m., Sept. 26.
SINGLE COPY
: 25 Cente
(Bold on the streets and at the bookstalls or- you can-
subscription to the office,—HK. $13 per axRGINŲ,
$19 including postage abroad. Half-yourly
or quarterly periods pre esta.] No. 3A, WYNDHAM STREET-PHONE ZODIE.
46 'THE OVERLAND CHINA MAIL.”
SEVENTY TON CASTING.
British Steel For Russia.
The first of three letters which
Sheffield, August 14. The English Steel Corporation, Mr. Chitham said that the post-are to be sent to 55,000 Individual tion of the large store was made trade buyers in over 100 countries, which incorporates the stect in- more secure by the changed shop-informing them of arrangements
for the forthcoming. British Industcrests of Vickers, Armstrong at ping habits of the 'pablic.
"Since the freedom of the stores tries Fair, have been despatched Sheffield and Openshaw, and Cam- was granted to the public twenty by the Department of Overseas mell, Laird, to-day despatched The Fair will open in from their Grimethorpe foundry Three years ago by Mr. Selfridge," Trade,
your
COASTWISE
ALGIE" BENNETT.
An interesting book of Cartoons depicting
"Happenings" on the China Coast,
PRICE $1.00.
are making as part of a 6,000 tons forging press in process of manu- facture to the order of the Russian Now on sale st Government. I
ho said, "the great departmental London and Birmingham one of seven castings which they stores have become more and more February 22, social rendezvous and places whore English, Dutch, French, and one may spend an hour idly, or Spanlah were the languages used profitably, as one may feel inclin- The letter, which is signed by Sir Edward Crowe, Comptroller-
The lightest of the castings WHITEAWAY, LAIDLAW "From the system of wandering General, Department of Overseas
EXCELSIOR BOOK STORE. about the store at will has grown Trade, stated, that there were in-Weighs 224 tons, and the heaviest a very definite shopping habit dieations that the coming Fair that removed to-day=-18. 691⁄2 Customers are no longer importun would be of even greater interest tons in weight. It comprises the and at the Publishers
BREWERS
ed to buy. They are free to make to trade buyers than the last, ad- main base plate girder, the dimen- The Newspaper Enterprise, lid.
China Mall Ballding. comparisons between one store and ditional important, industries hav-sions of which are 24 by 7 by 7ft, Anather before they make their Ing.-now indicated their intention and its weight le as delivered, and
of forming sections.
before machining. purchase."
f