LASE

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION.

Authorised Caplisi noemosos

Cornet and Fully Paldap mak 120,000,000 Kisserra Pundrim

Sterling

& 4,500,000 $10,000,000

divat veteran - Bussres. Lõh Dáite al Propelvices nos 350,000,000

BRLD #THIOB: HONG KONG.

MOARD OF DIRECTORS — Milan, Mr. G. 10. E. Yukle, Okalzurna.

Hon. Mr. 1. 7. Paterson,

Deputy Chalemta.

6. Bell T. X. Zourvo. Beg

A. M. Compton, 24. 2. A. Mammar, May, 1

Landur Lawia, Xan, T. H. 'k. fhow. Hay,

□). wikia, Bog.

AMOU

MANGKON

(BATAVIA

BOMBAK +

MALOUTTA

UANTON ON BROO COLOMBO DAIRIN

HAIPHONG

מי ומצים

BLANKOW DARBIN

KUNUKEW

ПРОВ

JOHOR

ROB

KOWLOON

J.

P. Waceon, Roo.

Tha! Mans.

"1. Genyboru. Ked-

ANGLES :-***

LONDON

QUAL LCMPUR

LYONU

M&LACKIA

MANILA

MUAB (Johor)

MUKDEN

NEW TORE

PEIFING

TENANG

DANGDON

HAJGON

SAN FRANO BON

HOLAND

SINGAPORE

HOTUBABATA

JUNDEI PATANI TIENTUIN

TOKYO

THINOTAU

YOKOHAMA

Derre &corale apeza in Local Ouerenay and Sized Depoula received loc sau pune de short periods is Local Currensy and hurting arm which wili ku quaieć w application. Kong Kong, 2015 Fobruary, 12.

HONG KONG SAVINGS BANK.

The Doskuses of the shore Bank in noniman

d by the UONG KONG AND SHANGWAI WANKING DORPORATION. Malay be sbtained pa spplication.

FOR THE HONGROND AND SHANGHLI DANKING CORPORATION.

F. M. GRATBVAN,

Hong Kong, 19th July, 1990.

Oblad Manager, .

THE BANK OF CHINA.

行銀國中

Reorganised October 20, 1928, under

special charter of The National Gov- ernment as an

INTERNATIONAL BICHANGE

Subscribed Capital

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA. Incorporated by Royal Charter, 1858.

THE

CHINA

MAIL.

THE HO HONG BANK, LTD.

(Established 1917.)

HEAD OFFICESINGAPORE. Hong Kong Branch: 13, Queen's Rd. C.

and

Commerce

Finance

Paid-up Capital

Authorised Capital' Straits $20,000,000 Issued Capital ....

#

8,000,000

4,000,000

Reserve Liabilities

of Shareholders Surplus

4,000,000 2,087,000

L. AND NORTH-EASTERN ECONOMIES.

£3,000,000 Branchos, Agencies and Correspon. £4,000,000 | dants in the principal cities of" the

world. £3,000,000

HEAD OFFICE: LONDON.

Paid-up Capital Reserve Fand

Hasorve Liability of Pro-

prietors

Agencies and Branches:

ALOR STAR

KUCHING

AMRITSAR

MADHAN

MANILA

MEDAN

KAKSIGE BATAVIA

BOMBAY

DALOUITA

DANTON CAWNPORE OZDU COLOMBO DALLEN

DELIII HAIPHONG KANDUNG

FARKOW

HARRIN

TONG TONG

ILOILO

IPOK

KOUR

XCALA LUMPUR

NEW YORK

PRYING (Paking) PENANG

BANDOON

BALOON

SEMARANG SEDEMDAN

ВИЛКОЛАЯ

BINGAPORE

BITIAWAN

BOUZADAYA

Every description of Banking and Exchange business transactod.

TAN ENG H001,

Manager,

BANQUE DE L'INDO-CHINI.

HEAD OFFICE:

EMPIRE SURVEYS.

MONDAY, OCTOBER 5, 1931.

In a review of a paper on Mount SEA FISHERIES OF

BRITAIN.

Big Landings, But Lower Prices.

Everest, Issued by the Indian Geodetic "Department, attention is called to the demolition of certain fallacies for which Sir Sven Hedin) was responsible. This writer as- serted that the discovery of Mount] Everest had boar anticipated by the French by 119 years, and further

The Report on Sea Fishorica for that the native name of the peak 1930, issued by: the Stationery was Tchomo Lungona. Neither of office, states that perhaps its hap these assertions has, it is officially plest feature is that the decline in stated, any foundation in fact the number of fishermen and boats Exactly the same interim divi- [Empire include every class of our Amongst other reviews are those appears to have been arrested.

of reports issued by different aur

The decline in the number of vey authorities. From these we sailing vessels, It is true, has con- learn that it is proposed to tinued, but it is more than coun- establish in Australia a Board of terbalanced by the increase in the Survey, representing the various number of staan vessels.

The requirements of the British

vey work, which has, moreover, to be conducted under every variety of conditions.

In some regiona labour is cheap and methods transport reasonably good.

of In

The report points out that the

dends are to be paid by the London and North Eastern Railway as were forthcoming a year ago, with this difference, that the payments, down to and including the 5 per cent Redeemable Preference, now "in others, labour is expensive and pro- States, which would be responsible volve for the time being a transfer grens is hampered by obstructions directly to a minister of the Com-average value of the fish landed from the general reserve fund." | of every kind. Climates vary frommonwealth. The cost of a geodotie Auring the year-18s. 1d. per cwt. It may recalled that the reserve that of Canada to the tropics, and survey, including secondary and showed a material fall of over was drawn on to the extent of each presents its special difficul tertiary triangulation, is estimated Subscribed Capital Fra-72,000,000.00 £100,000 to provide the 4 per cent., tles. The class of work required Pald-Up Capital ...Fr. 68,400,000.00

in spite of the greatly increased affice axpenses, Reserve Funds Fr.102,000,000.00 or 105,902, paid on the Preferred ranges from reconnaissance surat 308. to 608. per square mile, plus per cwt., and in consequence,

whilst precise prime triangulations,

wet flsh (#14,143,000) was alightly the equally precise work levelling costs £2 per mile run. It quantity landed, the total value of

is proposed to employ photography less than in 1929. hydrographic service

The value of largely in topographic work, and it shell-fah was constant at £373,000. The Admiralty. Survey Review

Discussing the relation between

#6, Boulevard Haussmann, Faria.

TAIPING

TIENTBIN

KARACHI

TOXXO

KLANG

TONOKAH (Bluzel)

Bangkok

BRANCHES: Hong Kong Quinhon

TЯINGTAO

KUALA KAKORLA

ХОХОНАМА ZAMBOANGA

General

Battambang Hue Gantho Canton Djibouti

Saigon

1

Numea

Mengtze Shanghai Nam Dinh Singapora

Thành

Peking

Toura

Pondichery Yunnanfu BANKERS:

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.

(WETHERLANDS TRADING, SOCIETY;

BANKRES.

Established 1834.

Long Long Otor:-11, Quasn's Bond Central,

Abborland Capital Fold-Up Onglial

Boomero Fund

*

Builders 180,000,000- (#13,420,008.) Guilders 80,030,386 (00,000,170) Quildare 40,818.00

Head Ofice:-AMSTERDAM- Barara Band Office:-BATAVIA,

BRANCHES – Bandjermania, Dandung", Bombay.

Caloutta, Oberihon, Djszibar, Dink jakeris", The Bague", Zoidah, Kos,

• Kota-Madje, Maksonar, Medan, Prásog

Pekalongan

Poslansky Mangoon, Boisardarz Bemarang Shanghal, Bibdi Bingapore, Boarabala Boerakarta [Hbia), Tugal, Kjilajap and Weltevreden.

• Tasos ollose Sara Mia daponii bozan to la). London Bankerm (National Provinsial Bank LAL.

Orrespondents all over the world

Banking business of vary description transacted,

A. STOKKINI.

BANK,

.$25,000,000.00

Kama Kang, 19th Auguet. 1996.

,$ 8,820,503.32

Pald-Up Capital .......$24,710,200.00

Reserve Funds

HEAD OFFICE: SHANGHAL.

HONG KONG BRANCH:

4. Queen's Road Central

Owing to our numerous branches in Chim and large connections in the im- portant commercial centres of the world, we are able to extend to our cliente special facilities for domestic and foreign banking and exchanges.

We also handle the issue of Bonds and other Public Funds of the Chin- ess Government both at home and abroad.

SHOU J. CHEN,

Hong Kong, 6th March, 1881.

THE BANK OF CANTON, LTD.

Established 1912.

THE

Холди.

AMERICAN EXPRESS COMPANY,

INC.

Head Offer: 65, Broadway, New York

Capital

Surplus Reserva

ممحاة

U.8.$6,000,000 U.S.$1,572,654 U.S.$1,908,209

BIANCHES:-

Manager.

Дела Beetin

Bombay

Chance Glasgow

Llambug

NOE Haplas Pr Paris

Penang

Interlaken

Paking

Dressi

Jarumal Iddo London

Farme

Desto res Calea

Conta

Ca

Luxor

Oolombe

Menalline

1,005,600

1,100,000

Copenhague Edinburgh

Пасиа Gamers

Head OMeeHong Kong.

Ansábeland Oxplial (H.K. Oumanay) (11,006,000

-Up Capital 'nomme

Riovre Fond ............

BALNODER que

Onion, Bhanghai, Bankow,Buslow, Bangkok, New York and Res Prussiaoni

"DOBARSPONDENTS

LONDON BANKEES 1—

The Lloyd's Bank Limited

In all principal cibles of the World.

For hangs and backing

emmy disuripúnn transacked,

of

Bata Depoult Boran (various slaan) si a prosty

monial of from 46 to 40,

LOOK POONG SHAN,

Chief Manager,

Liverpool

Monts Uark Manila

Munich MORE

Botlardam Home Humbol

Bhanghai Bou than pho Singapor B. Mort Tianiela Vienna Frios Yokohama Zurick

Branches of American Exprote Company in Principal cities of Valt- ed States of America and Canada.

All classes of Commercial Banking Transactions undertakon

Personal investment handled.

accounts

The Company offers to intending Travallers the use of its "Travelora THE YOKOHAMA SPECIE BANK, Cheques and Letters of Credit and,

LIMITED.

Established 1880.

FI

Fort-Bayard Papeete Tantsin.

Haiphong Bankow Prom

Ponh Vinh

Hanoi

Co., French American Banking Cor- puration; Guaranty Trust Co. of New York.

interest allowed on Current Ae- counts and Fixed Deposits according

to arrangements.

Every description of Banking and #xchange Business transacted. dafs Deposit Boxes to let.

'A. BONNAUD,

Hong Kong, 1st May, 1981.

Ordinary for 1930.

voys

to

the

the

Em- Ja

Д

is stated that there would be a ready sale in many places in

de-quarterly journal which has been Australia even for the unreduced supplies and prices, the report

BX-

photographs.

U.S. TRADE.

Japan Takes France's

Place.

atatea:

"In 1928 Ash prices took an up- ward turn, due to some extent to the decline in landings in that year. In 1929 there is a significent change in the relation between the lines of supply and price. In that year, although the supply in- creased, the price also increased, Washington, Sept. 26. which is an indication that there The department of commerce an-was an increase in demand. More- nounced to-day that Japan replaced over, this increase in price took France as America's fourth largest place during a year when the price customer during the first half year of ather foods was falling. of 1931.

increase of price in 1929 brought advanced during this the average price of all fish back period from 14th to seventh place to the level of the index figure of in the list of countries buying all foods, and even slightly beyond American exports.-United Press. It."

In 1930 there was a very large

13 per cent., accompanied by a big *fall in price. How far this fall

1

Chinn

Tho

de and Pussonger traffic showed creases of D;500,000 in numbers and of of $760,000 in receipts; goods de-of

of

tons and pire 4,000,000 creases £1,500,000, and coal and coke

tona

and established to facilitate the creases of 4,750,000 £580,000, the losses in revenue change of views and experiences closely approximating those indi- between surveyors in every part of Re- the Empire. It is an official journal IN FRANCE: Comptoir National cated in the weekly returns. d'Escompte de Paris; Credit Lyonnais; marking that the stato of trade in published for the Secretary of Banque de Paris et des Pays-Bas; the company's region is worse than State for the Colonies by the Credit Industrie! et Commercial; Bo- at any time since the grouping of Crown Agents for the Colonies, chate Gozerald.

the Millbank, S.W.1, and the price is to the railways, particularly in IN LONDON: The National Provin

Union Bank of England, Ltd.; heavy industries, the directors give be 3s, per issue. The first number, The editor is details of the fall in five typical is dated July, 1931. Comptoir

National d'Escompta Paris; Credit Lyonnaia.

commodities,

for Captain G. T. McCaw, O.B.E., who, accounting IN NEW YORK: J. F. Morgan 2,737,380 tons of the decrease in as secretary of the Colonial Survey an exceptional goods, of which iron ore and lime- Committee, has stone fell 40 per cent, pig-iron 37.6 knowledge of the work now in pro- per cent, and manufactured. Iron gress. An interesting paper on and steel 38.2 per cent., compared Primitive English Land Marks and with the tonnages in the first half Maps is contributed by Mr. O. G. S.

Crawford, of Inst year.

B.A., Archaeological Ordnance Survey. While gross receipts from traffic Officer to the and ancillary businesses dropped Mr. Crawford describes the carlier £3,180,000, no less than £2,140,000 English, maps, which seem to have was saved through reduced expen- originated largely in the require- of private land-holders. diture, largely in engine mileage, ments Economies were also effected in Aerial surveys have, he states, novel purpose by the Canadian in price was due to the increased wages, fees, salaries and in many added greatly to our knowledge of Government Geodetic Survey. Such supplies, and how far to change other directions. No mention is prehistoric Celtic communities.lights are used to obtain geodetic in demand, It is impossible to say, made of the fact that the Deben- The use of the Hunter short-base angular measurements from moun- It was, however, a matter for Batis- particularly rough, faction to the industry that, in ture issue of last October requir-apparatus for minor triangulations tain peaks, ed £67,500 in interest for the half is described by Dr. J. de Granff needleshaped, treacherous peaks face of such a large increase in Hunter, whilst Captain D. R. Mar-like those found in the Canadian supply as 18 per cent, the average tin, R.E., contributes an account of Rockies towering thousands of fect price of fish did not fall more the map-mounting machine design. above sea level. The work has to rapidly in 1930 than the price of ed and made for the Ordnance Debe done at night when lights can other foods, partment by Practical Machines be

from distant stations. Co., Limited, Camberwell-green, Electric lights are placed at these London. This machine has enabled stations, and the angles between the staff to be cut down to less the lights are measured from the than one-tenth of what was former, observing station. The lengths of ly required in the map-mounting the lines observed vary from thirty: department, and there is, moreover, to sixty miles. The observer at a great saving of space. There is some of these stations has to exer- further a saving of one-half of the cise great care in moving around paste formerly used. The singly. his instrument as a side-step of continuous roll of linen, the out down the sheer mountain-side.

being from 300

yarda

Manager

THE NATIONAL CITY BANK OF NEW YORK.

HEAD OFFICE: 55, Wall Street, New York.

Capital, Surplus and

Undivided Prosta..U.S.$228,087,892|

Branches in:-- ARGENTINE LONDON

BELGIUM BRAZIL CHILE CHINA COLOMBIA GUBA DOMINICAN

REPUBLIC

INDIA ITALY JAPAN

MEXICO

PANAMA PERU PHILIPPINE ISLANDS PORTO RICO STRAITS

SETTLEMENTS URUGUAY VENEZUELA

year.

OUR IMPORT TRADE.

The reports and prices are published supplied by importers, and the Geral Chamber of Com- merce cannot accept responsibility for the accuracy thereof:

Cotton piece goods and fancy cotton goods,

·

The sharp rise in exchange has

NEW USE FOR ELECTRIC LIGHT. Increase in landings, amounting to

Electric lights are used for

Been

P.I. GOVERNOR.

Mr. Davis Not to Resign.

Governor General Davis has an-

Commercial and Travellers' Letters completely suspended forward pur- printed sheets are mounted on a only a few inches may mean a drop/nounced that he would go on tem-

porary leave of absenco after of Credit, Travellers' Choques, Billa of Exchange and Cable Transfer chases and it is anticipated that

had acted on all Bills passed at the Current accounts buyers will decide not to commit put bought and sold.

present session of the Legislature. and Savings Bank accounts opened themselves further to nny ap to 350 yards per hour. In a The stockholders of the Vacuum

The Legislature will close on No- and Fixed Deposits in local and for-preciable extent for the coming report In the Hydrographic Oil Company to-day approved the vember 9, and under the Taw the eiga currencies taken at rates that

Year, Vice-Admiral Douglas states proposed marger with the Standard chief executive has 30 days within may be ascertained on application to season, the Bank,

The latest cotton prices to hand that echo sounding has proved so | O Company of New York.

which to act on all Bills. This be- We are also able to offer our Cus-are those of October 1:-

successful that it is likely ultimate |‚·

Ing the case, Governor Davis will tomers the services of the Branches Middling American Spot

Benn Brothers, the publishers, aro leave the latter part of November 4.45d. ly to displace the lead, not only on F.G.F. Egyptian Sakel..... 6.758. ships, but perhaps also on small paying a final dividend on the Or-

in time to be in Washington for Woollens,

craft employed in shallow water. dinary shares of 13% pc., again Christmas. Deliveries of the Autumn cargo The new 45-deg. prismatic astrolabe making a total of 20 p.c. for the On recurrent reports that have shaw a slight improvement and has given, it is stated, extra year. The Deferred shares received been passed from Washington to prices are inclined to be firmer. ordinarily accurate results, and is a final payment of 28. 94. per share, Manila and vice versa during the fairly said to have proved a distinct ad- making 46, per share for the year, past few months, that he would re- The off-take of yarn 18 satisfactory.

vance on the 60-deg. Instrument. which is also unchanged.

of the International Banking Corpora

tlon in San Francisco and Spain" and iso of The National City Bank of New York (France), 8.A., in Parin and Nice.

P. McD, COURTNEY,

Manager. Hong Kong, June 16, 1931.

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

HEAD OFFICE:--Taipah, Formosa.

Incorporated by Special Imperial, Charter, 1899.

Central Bank in Formone, Bank-Notes sorped. Avataga amogas ...Xen. 18,000,000 BRANCHES AND AGENCIES: JAPAN --Tokyo, Yakabama, Iobs, Osaka,

FORMOSA-Giran Kagli Karenko, Look.ng Making Naato, Bilbokira, Talcha, Talean, Takno, Tammui, Town, Hallo, Tailo CHINA zmäkaughai," Hankow, Ansoy, Fronhow,

Simstow, Canton,

of its thoroughly equipped, Travel De-OTHER-Kong Kong, Singapore, Borabaya, partment.

In addition, the world-wide services

Afiliated with

Capital (fully paid-up) Yen 100,000,000). THE CHASE NATIONAL BANK Reserve Fund........Yen 116,200,000

Head Office:-YOKOHAMA.

Branches and Agencles at:

Alexandria

Batavia

Berlin Bombay

Changchun

Tairen (Daing) Fongtion (Mukden) Hamburg

Hankow

Hong

Kong Honolula Kal Yuen Karachi

Los Angeles Manila

Nagasaki

Nagoya

Nowahwang

New York Osaka Paris

Peiping

Janeiro

San Francisco Seattle Som

Salmonossid Singapore Soerabaya

Tokyo

Taingtan Interest allowed on Current · Ao- 'counts.

Deposits received for fixed perioda at rates to be obtained on application.

E. MORI

Manager.

· Hong Kong, Lith September, 1081.

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

JAN

50

ZAJI

[ROO

50

A.0. F. C. Average of Shanghai Stocks

REPRESENTATIVE STOCKS

Hamarang,

Batavia Bombay, Loodan, New York, Dairen,

LONDON BANEEDS (

Galeutia,

1720

$2,73

The London County Westminster and Puer's Bank.

$16.00

The Bank has Consqpondents in all the principal

| Bommarsial Centres throughout the warli.

K. MAGURA.

16.00]

Manager.

TWENTY

E. W. DUGGAN,

Manager.

пона коз ВЛАКОН

Da Vt Boad Daten). Hong Kong, 19th/Jaanary, 1986.

2150)

J29.36

1540)

26 25

126.10

12425

THE BANK OF EAST ASIA, LTD.

Established· 1918;.

HEAD OFFICE:

·10, Des Voeux Road, Central.

KAWANGA HONG KONG..

Capital and Surplus

Total Resourcas

over ·H$. 8,000,000.00

over H.880,000,000.00 |

Every description of Banking and Exchange business transected.

Current and Fixed Deposit Accounts in local and for elga' currencies opened for clients. ́.

Savings Account and Safe Deposit Boxes," Branches and Agencies, all'over the world!"

·KAN TONG PO,

Chief Manager.

1931. MAY

JUNI

-21.30

eign his post, Governor Davis had but one comment to make, and that is, that If and when he resigned, he would announce it himself.

To Join Daughter,

He has now fulfilled that pro- mise with the following statement: "At the request of the Secretary of War and of many prominent Filipinos; I have decided to go on temporary leave of absence instead of resigning my post as I have for some time wished to do owing to ill- ness in my family.

"As my youngest daughter is now in school in the United States and will be left alone during the Christ- mas vacation unless I can be there and as I am anxious to rejoin the rest of my family, I would prefer to leave as soon as possible. However, I feel it my duty to stay here until I have acted on all Bille passed at the present session of the Legisla- ture. Legislative leaders have pub- licly expressed the determination of the Legislature to avoid the passage of a large number of Bilis on the last day of the session and the Legislature has already shown_com. mendable promptness in passing a considerable number of measures in one or both Houses. If this policy is continued, I Prices have been working lower other large cities. The approach, benefits from the possibility of fident that both my public and in the Shanghai market since Eng of "Settlement Day normally caused higher silver prices are being con- private duty can be fulfilled.” land announced, the suspension of business to recede to a low cbb, and 'sidered; and some stocks may re- Manila Bulletin. the gold standard a week and a half the current tendency for prices to apond well to any definite tendency ago.

From 28.66, a high for the enso is not unusual:

|on the part of silver to Improve, |year established September 19, the After Settlement Day, September The statistical record of the | A. O. F. C. "Average has dropped 29, the market is expected to be- A. O. F. C. Average follows:

down to 27.29 and is about half come more active. Uncertainty January 6 way between the low point and the | that exists on the outlook for bus!" | High for year high point of the last advance. ness and trado, due to the low ex- September 19

Trading has been quiet and the change Tates [for the pound; Recent low point markét is not depressed by poor sterling

-August- may cause irregularities

6 sentiment 'such as is the case in for a while. On the other hand, September 28

ELPS

American Omental Finance, CareRATION

ам con-

A volume of 140 pages constitutes the Indictment which has been served on the eleven men involved In the Scottish Amalgamated Silks care. Witnesses cited for the Crown' case number 192. The' trial will begin in the High Court of Justiciary, Edinburgh, on October

24.10

28.66

20,64 27.29

12.

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