BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION.

<wtherland, Capital

Lormed and Fully Full-ep

Bogoria Fondaz

Moragamine 3. 1,500,000 Silver moon #33,000,000,

$51,910,000

Makaron Linh Chy of Propelators --- $30,098,300

IA LAI, HỌNG LONG.

·BOARD OF DIBROTORS — Mos. Mr. 0. G. 1. Maskia. Chairman.

flou. Mr. J. J. Passero,

Deputy ChaRGO.

Tư X. 1. a. Bell, T. R Prazno, Dra.

A. Ž. Dempira, Yag. 1. 1, Plummer. In.

· Lander Lawla, Esq. T, H.' R. Thaw, B 17. Mikla.

AMOY

BANUKOM

MATAVIA

ROMWAY

CALCUTTI

DANTON

COLOKHO

DAIREN

POCONOW

HAIPHONG

RAMUURG

JANKOW

HANHIN

MONOKEW

HALLO

APOLA

ΤΟΣΙΟΝΟ

LUND

KOWLOOK

2. P. Warren, Mag.

Chist Manager.

14. Grayburn, Bay

ANODES :-

KUALA LUMPUR

LOXDON

LIONS

MALACCA

MANILA

MUAR' (Jakota)

MURDEN

NEW YORK

PIPING

PEMANO.

BANGOOM

BLIGON

BAX TRAMOEDOL

BILANGELO.

AINGAPORE

SOUBABAZA

SUNGRI PATANI TIENTOIN

TOXYO

TRENGTAO

YOKOHAMA

Cerrone opened a Local Charruary and Fixed Depoeliu rondvad toe saa yaar, or skorter periods Loot Qurray and thirling

amber which will he quoted sa applínasten. Stong Loop, sh Fobrancy, 11,

HONG KONG SAVINGS BANK.

The Beduma of the shore Dank is mondzzah.

od by the BONG LONG AND HELANOILAL BANKING CORPORATION. Bales may h

btained on appliesaion.

FOX THR fókʊlong aND BHANOKAT BANKINŮ CORPORATION.

V. M. GRAYDDEN,

Hong Kong, like July, 1000.

Uklet Manager,

THE BANK OF CHINA. 行銀國谢

Reorganised October 25, 1928, under

special charter of The National Gov- ernment as AT

INTERNATIONAL EXCHANGE

BANK.

Subscribed Capital....$25,000,000.00 |

Paid-up Capital

Reserve Funds

.....$24,710,200.00

..$ 8,820,508,62

HEAD OFFICE: SHANGHAI

HONG KONG BRANCH:

4. Queen's Road Central.

Owing to our numerous branches in Chips and large connections in the im- portant commercial centres of the world, we are able to extend to our clients spacial fasilities 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, 5th March, 1981

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA. Incorporated by Royal Charter, 1853.

THE CHINA

THE HO HONG BANK, LTD.

(Ratabilabed 1917.)

HEAD OFFICE:-SINGAPORE. Hong Kong Branch: 13, Queen's Rd. G.

Authorised Capital: Straits $20,000,000 Issued Capital ............ Paid-up Capital

Reserve Liabilition

8,000,000

"

4,000,000

TH

4,000,000

MAIL

and

Commerce

Finance

2,687,000 WHERE THE MONEY (0) Extra

Branches, Agencies and Correspon- dosts in the principal, cities, of" the world.

HEAD OFFICE: LONDON.

of Shareholders. Surplus

Paid-up Capital Reserve Find

£8,000,000

£4,000,000

Rosorve Liablilty of Pro

priators

£8,000,000

Agencies and Branches:

ALUR STAR

KUCHING

MADRAS

AMRITSAR BANGKOK BATAVIA DOMBAT CALCUTTA CANTON OLWKPORK

KBU

MANILA-

MEDAN

NEW YORK

PKPIN{{Peking) PENANG BANGOON BAIDON

COLOMBO DAILEN DELHI

BEWARAYO

ILAIPHONG

BEREMBAN

HAMBURG

BHANGHAT

HANHOW

SINGAPORE

BABBIN

BITIAWAN,

HONG TONG

HOURABAYA

ILOILO

TAIPING

TIENTSIK

TOKYO

KLAND

TOKUKAH (Bhudiat}-

TAINGTAO

KUALA KANGSA

IPON

KARAUNI

KODE

KUALA LUMPU

УОКОПАМА

ZAMBOANGA

Foreign Exchange and General 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, 1981.

NEDERLANDSCHE HANDEL- MAATSCHAPPIJ, N.V.

(NETHERLANDO TRADING BOCIETY)"

BANKEMA.

www.

Established 1894.

Masa Kong Office:-11, Qxvan's Road Central.

(812,650,000.)

Authorland Caplini onun Quildarə 180,000,000- Rud-Up Capital a fulldur's 80,000,00

(0,480,170) Beserta Faal naam Quilders) 40,918 904 {20,334,355) Kasi Ollas:—AMSTERDAM- Eastern Band 08500:-BATAVIA, BRANCHES --- Banfisemaału. Bandcong", 'Bombay, *Calcutta, Chaaribon, Díszbor. Disk jakarta", The Hague", Tobiah, Kɔbu Kata Račja, Makassar, Madin, Padang Palmbang. __Pekalongan, Pontianak.

Raagoon Botterdam » tamarang. Bhangal, Bibel (Sumates), Bingapor, Borabnik, Bemskarta (Bało)," Tagal, Tjilajup and Weberreden".

The Lions have sala depostá borsa so lak.

Loulou Bankary :-National” Provincial Bank Lod,

Correspondanse all over the world

Banking business of eroz description transacted.

THE

4. STGEKINE,

Manager.

AMERICAN EXPRESS COMPANY,

INC.

Head Office: 65, Broadway. New York.

Capital Surplus Boserves

.U.S.$6,000,005 .U.S.$1,572,451 .U.S.$1,908,209

Manager.

Aussteckaso Aatwic Athens

BRANCHES :--

Jancs Blasgow.

myata

Nian Naples Firseus Farla

Bacile.

L'orang

Interlake

Tehing

Jornalam

Talarmo

Lido

Botterdata Нокол

THE BANK OF CANTON, LTD. Established 1912.

Digi Bombay Bremen Brwi Busats Alte

Constantiapla

Catro

Dalom

Cannan

Colombe

Pd-Up Cap A COMME Kaya Fund wenn

8,000,000 1,100,000

Head 0Bee-Hong Kong. Authorland Ospital ́(ILI. Carrency) $11,900,ade

BRANCHES |--

Üspachages Eximbang Poronoa Demata

Harbors Haze

Louder

Liverpool

Lucerne Lagano

LALEOF

Marvellia

Modle tacks

Manila

Munich

Xcotrans

Ма

Stamboul

Shanghai Duplo Husgapore Mont Trantele Vicha

Telos tokokame Zurick

Evary description of Banking and Exchange business transacted. "

TAN ENG HOOL,

Manager.

BANQUE DE L'INDO-CHINE.

HEAD OFFICE: 96, Boulevard Haussmann, Paris.

Subscribed Capital Frs. 72,000,000.00 Pald-Up Capital...Frs, 68,400,000.00 Reserve Funds ....Fra.102,000,000.00

BRANCHES Bangkok Hong Koor Quinhon Battambang Hue

Saigon Mongtze Shanghai Nam-Dish Singapore

Thỉnh Bontain Tourano

Canton

Djibouti Numes

Fort-Bayard Papeete Haiphong Peking Hankow Fuum Penh Vinh

Pondichery Yunnanfu BANKERS:

Напе

IN FRANCE: Comptoir National 'Escompte de Paris; Credit Lyonnais; Banque de Paris et den Pays-Bas Credit Industrial et Commercial; So zace Generale.

IN LONDON: The National Provia 211 Union Bank of England, Ltd. Comptoir National d'Escompte de Paris; Credit Lyonnais.

IN NEW YORK: J. P. Morgan á French American Banking Cor- pornnon; Guaranty Trust Co. of Now York.

GOES.

Big Vote for Water Meters.

TYPHOON DAMAGE.

In Estimates,

cost

of

wireless

valves and stores on account of low rate of exchange. Medical Department:-Medical Comforts, $500,

Provision made in Estimates, $2,500.

The sum provided has proved in- sufficient owing to increased prices due to the fall in exchange.

The above is to be met from Maintenance of

Supple.

WEDNESDAY, SEPTEMBER 30, 1931,

BUYING POWER OF

THE MASSES.

Two Sides to Trade

Expansion.

AMERICAN ADVICE,

"In the business and politics of Great Britain the virtues of youth have become the vices of maturity," said Mr. Edward A. Filene when' addressing 1 meeting of the Management Research Groups at the Holborn Restaurant.

Mr. Filone, who le a member of the William Fileno, Sons Com- pany, of Boston, U.S.A., was speak ing 03 "The Road to Trade Re-

A further covery."

At the meeting of the Finance Committee of the

Legislative savings under Council to-morrow

the following Lunatice at Canton. votes will be considered:

Police Force Rent of Police Public Works Recurrent:-Water Married Quarters, $360. Account (meters), $35,000.

Provision made in Estimates, $6,000. Provision made

Provision $76,200.

made by Provision made by Supplemen-mentary Vote, $1,090. tury Vote, $100,000,

It is requested that Supplementary expenditure $135,- supplementary vote for $860 be 000 on this revenue producing ser- proved to pay rent at $120 por vice was approved by the Finance mensem for one flat in East Point Committee in February and by the Terrace for the period October 1

in June last. Secretary of State Formal votes for $100,000 were

This flat is required to accom- modate a married Police Officer. obtained on July 2 and Counell is

Prisons now asked to vote the balance of

Department: - Sub- the sum approved by Finance.Com-sistence of Prisons, $47,000. mittee.

Provision made in Estimates, | $100,000.

to December 31, 1931.

Britain, he said, won the markets of the world when the winning wAB good, because she had pre-eminently the most courageous, enterprising, of business. and individualistic men, To-day, however, we had entered an age of distinct co-opera- tion, where the Individual iden was and acicntiac research worthless

held sway. Charitable Services:-Passages

The way out of Britain's present and Relief of Destitutes, $2,000.

A new and more expensive economic difficulties Was by Provision made in Estimates, dietary was introduced na from scientific rational ed work, and the $2,500.

December, 1930, entailing addi-most effective method of producing The expenditure on this vote has tional expenditure. The contract the best products was by mass pro- been higher this year owing to un-rates for 1930 were exceptionally duction and distribution. Ac-expected repatriations. The excess low and the estimate for 1931 was production was not practicable ufi-

at present amounts to $1,200 and a based on last year'a figures. further $800 is requested for the Education: Medical Treatment remainder of the year...

of pupils in Government Schools, $600.

Currant

and

Interest allowed on counts and Fixed Deposita according to arrangements,

Every description of Banking dxchange Business transacted. Safe Deposit Boxes to let

A. BONNAUD,

Hong Kong, 1st May, 1981,

Manager.

THE NATIONAL CITY BANK OF NEW YORK.

HEAD OFFICE: 55, Wall Street; New York,

Capital, Surplus and

Undivided Profits ..U.9.1226,087,392

Bianches in:-

ARGENTINE LONDON

BELGIUM

BRAZIL

CHILE CHINA COLOMBIA

CUBA DOMINICAN

REPUBLIC

INDIA

ITALY JAPAN

MEXICO

PANAMA

PERU

PHILIPPINE

ISLANDS

PORTO RICO STRAITS

SETTLEMENTS

URUGUAY VENEZUELA

Commercial and Travellers' Letters

of Grodit, Travellors' Cheques, Bills of Exchange and Cable Transfers bought and sold. Current accounts and Savings Bank accounts opened and Fixed Deposits in local and for at rates that eign currencies taken may be ascertained on application to the Bank.

Public Works Recurrent, Hong Kong ---Typhoon' and Rainstorm Damages, $29,000.

.

Provision made by mentary Vote, $2,500.

·

Mass

lens the masses could buy the pro-

that high

wages were not in-

CLAREMONT

PRIVATE HOTEL.. Austin Road, Kowloon... (Facing the Kowloon Cricket Club. Four minutes from ferry 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, yot easily accessible,

Terms very moderata. Resarva- tions by letter or cable.

CLAREMONT

Tels.: 57880 & 57885 (Private). Telographic Add: "Fern" H.K, Our motto is "SERVICE."

Phone 5169; Pedder Building (1st Floor)

ducts, and it was essential that the ALEXANDER masses should possess that neces- INSTITUT sary buying power. In America Supple it had been proved again and again DE BEAUTE. Provision made in Estimates, Owing to the number of children compatible with the lowest cost of $25,000.

requiring medical treatment production. To meet cost of making good (adenoids, tonsils and especially damages to piers, praya walls, eye cases) being larger than was roads and bridges, buildings, elec-anticipated, the above provision There were 1,900,000,000 people which are Large, Soft and Natural, trical, drainage and water works, will be insufficient to cover the in the world to-day, 12,000,000 of Artistle Finger and Marcel Waves, Ol etc. caused by a typhoon on August estimated expenditure up to the whom were living on the border-Treatment, Shampooing, Henna Pack 1, 1931;-

end of the year.

Supreme Court-Travelling Ex- penses (Appeal Judge), $300.

Provision made in Estimates,

$200.

The above is to be met from avings under Capitation Grants.

A Futile Policy.

Opposite Entrance to Hong Kong Hotel,

Lustrous Oll Permanent Hair Waves

line of starvation, and this, he said, (any colour), Hair Cutting and Mani. proved that a policy of repression cure for Ladies and Gentlemen. Con- scientious, Artlatie Work by European in production was futile.

Expert, Mr. Alexander,

In the discussion that followed Mr. H. Quigley. of the Contral A sum of $200 was voted for this) "One of the most honoured com- Electricity Board, joined Issue service this year. Owing to the mercial positions in the British with Mr. Filene, in the application fall in exchange, the cost of the Empire is that of Governor of the of the American methods of mass passage to and from Shanghai has Hudson's Bay Company. greatly increased.

It is a production to Britain, Our experience," he said, of such mathoda translated to British conditions wis that they could prove to be an un- mitigated disaster.

position which carries with it all A vote is requested to cover the the prestige of 260 years of history difference between the sum pro-and tradition."Mr. P. Ashley vided in the estimates and the ac-Cooper. tual cost of the passages.

Treasury: Stamps etc., $9,200. Provision made in Estimates, $6,000.

bills of

The increased duty on lading and on receipts necessitated the printing of two more denomina- tions of revenue stamps and the We are also able to offer our Cus. tomers the services of the Branches making of two new dies and plates. of the International Banking Corpors The cost of this amounted to tion in San Francisco,and Spain and | $7,576.25. The annual supply for} also of The National City Bank of 1981

cost $7,506.24 28 against

Now York (France), S.A in Paris $6,000 provided '(at $1-1/4d.) In and Nica

Branches of American Express Candon Ching, Beake, Bio Company in Principal cities of Unit

ed States of America and Canada.

Bangkok, Kew Tark and San Fraasinen.

VOERESFONDETA

LONDON BANKRES 1–

The Lktyd's Back, Limited

1x all peinalpot cibles of the World

Forúgn sungs and banking bonians at mary descriptor transarted.

Bale Deposit Boxas (various slase) at a pretty

wal of from 65, so 840.

LOOK POONG SHAN,

Chief Manager,

All classes of Commercial Banking | Transactions undertaken.

Personal investment accounts handled.

The Company offers to intending Travellers the use of its Travelers Cheques" and Letters of Credit and, THE YOKOHAMA SPECIE BANK, in addition, the world-wide services of ita thoroughly equipped, Travel De partment.

LIMITED.

Established 1880.

Agulated with

Capital (fully paid-up) Yen 100,000,000 THE CHASE NATIONAL BANK Reserve Fund

.......Yen 118,200,000

Head OfficeYOKOHAMA.

Branches and Agencies at:

Alexandria

Nagasaki Nagoye Newchwang New York

Batavia

Berlin

Bombay

valentia

Taiping

Osaka

Faris

Dairen (Dalny), Rangoon

Fangtien (Makden) Bio de Janeiro

Hamburg

Sixakow

Tour Kont

Hopelniz

Karachi

Kabe

BRE

San Francisco Bottle

4. Больше

Semaran

Shimonoward Singapers Boerabaya Sydney. Tientsin

London

Zox Angel ca

Tokyo

Manila

Taingten

Interest allowed on. Current Ac

counts,

Depped received for fixed perio

rafos to Be obtained on application.

ELMOR

Hong Kong, 11th September, 1931.

Resources ..Over G$2,500,000,000

Manager.

F. McD. COURTNEY,

Hong Kong, June 16, 1981.

THE BANK OF TAIWAN, LTD. (TAIWAN GINKO.)

HEAD OFFICE:-Taipeh, Formosa

Incorporated by Special Imperial Charter, 1899.

Bank-Nolan and Average 30.000

Central Bank in Formosa

BRANQUES AND AORNCIES. JAPAN-Tokyo, Yokohama, Kobe, Danke. FORMOSA, Kagi, Kazecko, CHIRA-Shanghal ko, Yoo,

Tamer Town, Malto, Taito

Swalow, Canica OTHERS Long Engapore, Bosrabaya, Semarang, Batavia, Bombay.. Calcatin Landia, New Tack," Daizwa.

LONDON ZAMIENIS London County Westminster and Parr's Bask

The Bank has dorrespondante in all tha principal Commercial Cantons throughout the world.,

HONG KONG BRANCH:

1. KAGURA.

Manage

C. H. BENSON,

General Manager.

D8, Die Vous Xoid Central. Hong Kong Like Jacnary, 1998

THE BANK

OF EAST ASIA, LTD.

Established 1918.

HEAD OFFICE:

10, Des Voeux Road, Central, HONG KONG

Capital and Surplus Total Resources

üver $ 8,000,000.00 over H.$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 clionts..

Savings Account and Safe Deposit Boxes," Branchbs and Agencies all over the world."

Chief Manager.

KAN TONG PO,

addition the four over embossing machines required repairing.

Public Works Department:- Repairs, Stores and Current, $25,000.

Provision made in Estimates, $26,400.

The available balance on this

is insufficient to meet bills in hand;; vote la approximately $2,000 which

the average monthly expenditure for the first 6 months of 1981 is $5,700, and to meet the anticipated expenditure to the end of the year a supplementary vote of $26,000 is requested.

The excess expenditure is caused principally by

(a) Very large increase of wire- less traffic (with subsequent Ir.croase in revenue) neces- sitating an increase in re-i pairs, stores and current,

and

THE MERCANTILE BANK OF INDIA, LTD.

HEAD OFFICE:

15. Graschurch ́ Street, London, E.03.

Authorited Capital:

Subscribed Capital Paid-up Capital

.£3,000,000

1,800,000 1,050,000

Reserve Fund and Rest 1,030,845

· BANTEES ·

The Bank of England & fáldlood llant, Jad." Banghon

BRANCHES,

·New York Peashg Port Louis *(Mauritian) Пацов

Ipo

Kandy

"Kota Bharu 15

Daines ba

Yunia Irel

Delhi

Kuma Lapis

Kuala Lumpa

punts...

Hong Kong Howrah

Kunnian (PaYARI:Kapore

***

Shanghal

Madree dedi. Kourabaya

.2013.ONG EVIDE

Xray description val Ebaina and Erzkaszé bud Travellers Chaqula tancial.” “A

Trastos and Exeptorships under. taken.

ESTEREST allowed' ma' Chirenci · Accounts' and Pad Depostis at-Bažan this, may be, secetted on application..

C. L. SANDES,

Ping Ames 19h April, 1888

Малакет.

Balanced

CHARGES MODERATE. A VISIT WILL CONVINCE YOU.

Bring Your PRINTING. Problems to Us

THE NEWSPAPER ENTERPRISE LTD.

CHIAR MAIL BLINK. BA WYNDHAM ST.

Benewska sra101 cornens placed im end of kać maz

Chyfwly clenched

brasi

tha/at

anced end of pencil walder used.

Cia shark of the cal grade spring ` -metal estamente ge sherry and kolla Komly

faaly artsarible b&msgromehold hegenerowcapply of hadj.

Ball clip op holda firmly to any cloth wihove searing

Band of unbruck able Badea,

Waspalumen puh

rod propalled fr pepel sõres, GrRIS through carter and expel the fur par kad kal. ckan tip 1 const clog or jaja,

Propel aperal screw 'tui frám ktowy brati nde, stiutÉL damestḥ operatio and great strength,

Carrier made of.

MON

metal. Will taki indelible ired to cragon without

sting

· Fruction biect eral under

without the war'

*

Doll fled, hand

nema tip.

For Sheer Pleasure in Writing

All This Was Done

Skrip

KAFETY SKRUP,

First, all writing needs were weighed. Then this Lifetime Pencil was made to meet those require ments supremely well. Costly Waspalumin, that tough and non-corrosive metal, was used gen erously. Only unbreakable Radite would do for the barrel. Solder loosens; solder was eliminated. Parts were machined to 1/1000 inch limits.. This fleet, beautiful instrument writes with lightest touch, operates with unfaltering sureness that betokens endless service. There is no other like it in all the world. See it demonstrated. Then write; you'll know you have found a lifetime. writing companion.

As batter, stores everywhere

All theater products are definitely guaranteed against defects is materials and workmanship. Sheafre fountain pent and pencita of black, green and hisch ând pearl unbreakable Radite.

SHEAFFER'S

PENS-PENCILS DESK SETS,SKRIP/

W. A. SHEAFFER PEN COMPANY -- PORT MADISON, IOWA, UL. 5. A.

THE SUN COMPANY, LTD.

Sole Distributors ·

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