zsta}{¥ £
BANKS
HONG KONG AND SHANGHAI BANKING CORPORATION.
000,000,000
Mamel and Pally Pill-19 woman. 100,000,000 Boverre Pando |--
Starting me transactrime & 3,908,500
By $14,000,000
Hemorro Ashly of Prepéledars - 800,000, 100
MMAD MOTION: HONG KONG.
BOARD OF DIRECTORE
Eat Mr. 0. 0. 1. Maskia, Chainbes
L
San. 1,13, J. Poterant,
Desir Übarmad.
BOS, MA, V. M. Bəli, T. X Pascua, Beg.
2. Kannghan, Bea. 5. A. Pommar, Mog.
1. Lawler Levis, Jee. T. II, R. Shaw, Beg.
1. Mais, š
ANOT
BANGKOK
BATATTA
COLOMBO
J. 7. Warren, Mag.
** Onybars, Heg
ÁNOKES:
LIOND
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA. Incorporated by Royal Charter, 1855.
BEAD OFFICE: LONDON.
THE
CHINA-MAIL. ·
THE HO HONG BANK, LTD.
(Establlabod, 1917.).
HEAD OFFICE:—SINGAPORE. Hong Kong Branch: 18, Queen's Ed. C.
Authorised Capital Straits $20,000,000
Commerce and Finance
2,687,000 GRIM TIMES IN UNITED to sell sweaters.
Issued Capital'
H
8,000,000
Pald-up Capital
W
£,000,000.
Roserve Liabilities
of Stareboldera.
要
4,000,000
Surplus ....
».
Paid-up Capital
.£3,000,000
Reserve Fund
$4,000,000
Reserve Liability of Pro-
prietors
..$3,000,000
Agencies and Branches:
ALOH BTAH AMRITSAR BANGKOKA, BATAVIA DOMBAT DALOUTTA DANTON DAWNPORN ORBE
HAMBURG
HAXHOW
HARBIN
ILOILO
ΠΡΟΣΕ
KARAGILI
кога
KLANO
KUALA KANGSAR
KUALA LUMPUR
KCCHINO
MADRAS
MANILATM
MEDAN
NEW YORK
PKVING (Peking) PENANG
BANGOOK
TOKYO
Branches, Agencies and Correspon- dents in the principal cities of the world.
Every description of Banking and Exchange business transacted.
TAN ENG HOOL,
Manager.
BANQUE DE L'INDOCHINE.
HEAD OFFICE:
96, Boulevard' Haussmann. PARIS.
Capital fully paid up .Frs. 120,000,000 Reserves (31.12.1980) Fra. 116,568,454
BRANCHES:
STATES
America's Change of Attitude.
THINGS.
The first day on the job she fainted from sheer hunger. Her lunch and dinner money for a long time past had been ruth. lossly ralded in order to procure clothes, which had got hor a job, but just too late for her to be strong enough to keep it. She was .80
MOTTO: MAKING THE BEST OF seriously under-nourished that the doctor ordered her to give up work and convalesco for a lengthy period. What has the "Dopression" done One wonders what happens in such to the most fashion-conscious com-cases when the details do not reach munity in the world-the women sympathetic cars,
Underneath her sophistication. of New York
Nearly two years ago millions of the apparently hectic effort to goad the dollars which bought them herself out of the "depression," their exquisite clothes vanished New York is having a grim time. Her beautifully dressed women are overnight, writes Percy S. Bullen,
on things, the Dally Telegraph New York cor putting a good face Other Places respondent, in that paper on Sep-fighting under cover of laughter.
tembar 28. Would you guess it,
One thing is certain-no mere judging by their clothes to-day?
depression could prevent a New At first glance
might
York woman from making the best think that the depression was a
of herself. A deluge couldn't! myth, but when you spot a million-After it, from every little ark the airo's wife wearing a little Afteen-adies would stream forth, equip dollar dress which is the twin of
GOLDDO DAIREN
BAIGON
DELM
BEMABANG
MATHONG
BELEKHAN
LONDON
BUANGULI
SINGAPORE
MITIAWAN
нома кома
BOUBA BATA
TAIPING
TIENTAIN
TONORAH {D}
TRINGTAD
YOKOHAMA
ZAMBOANGA
General
Manager.
HUB Nam Dinh
Quinhon Tourane
Mongtze Peping Prom-Penh Shanghai
China, Canton Fort-Bayard Hatphong Battambang tankoon Cantho Thanh-Hoa Hongkong
Bangkok
Djibouti
Noumea
Papeete
Tientsin
MALACCA
MWAX MALGUTRA BANDON
MANILA
MUIDEN
NEW YORK
PRIFING
DAIKEY
PAWANG
WOODROW
ANDOOM
CAKEDRO
BAN FRANCEBOO
MANKOW
SHANGHA
SINGAPORE
BOHRABAYA
KUNUMI PATANI
MARBIN
KOKGKEW
ILOILO
TOROKE
KORE
KOWLOON
KUALA LUMPUR
BLIGOX
TIENTSIN
ΤΟΣΤΟ
TTINGTAO
YOKOHAMA
Carmaker's opened in Lomi Cherley and First Deposčiu rasalvaă fet up shoctor periods La Eton Durrsney, and heri
hem which will be quoted as nepliesščem. Hong Kong, M0% Fabruary, 1904.
·HONG KONG SAVINGS BANK.
The Buslanen of ike shown Bank is wondnes
st by IM HUND KONG AND SHANGHAI BANKING CORPORATION,
printed an apposto.
Baise may be
FOR THE HONGKONG AND SHANGHAI
BANKING CORPORATION,
7. M. GRAYBURN,
Chief Manager.
Em Long tỉnh July, 15h
THE BANK OF CANTON, LTD. Established. 1912
fload Ofen-Hong Kong.
Amarised Captial (IL.X. Carmany) $11,000,000
Wild-Up Capiþað mimension, 200
Foreign Exchange
Indo-China. Saigon and
Hanoi Banking business transacted.
Current Accounts opened and Fix- ed Deposits received for one year or which will shorter periods at rates be quoted on application.
Hours Fest 100,000
BRANCHES (-
Canton hangial, Baskov, Fester,
gkok, Ham Tork and Bea Frenalins
VORBESPOND INTE
LONDON BANKERS —
The Lloyd's Bank, Edited.
La si principsi sities of the Worlă.
.
Toys ursamgr and bundling boslason of
wrary Smartphon train.
Sala Depil Bəzae (vsalone slow) aà a yoorly
(P) al from # le #46.
LOOK POONG BHAN,
Chief Manager,
THE BANK OF CHINA. 行銀國中
J. STUART,
Hong Kong, 17th August, 1992.
NEDERLANDSCHE HANDEL- MAATSCHAPPIJ, N.V.
(AMIHKELANDE TRADING SOCIETY BANKEES
Retablished 1894.
Kung Long Office1-11, Queen's Hood Chutesi, Asihorised Capital Ouilders 164,800.00B. mń Opiders 60,000,000 Paid Up Oplei
(20,060,170) Her F action Quilders 48,915,00
(43,804,
End Oos-AMSTERDAM* Footers Flood Gions-H&TAVEL. BRANCHES (– Bandjarmasin, Bandoraz, Bombay. Calella, Chorizon, Daber, Djek Jukarts", The Hague', Taddık, Hobe, Lola Badia, Makanan, Medan, Padang Palombang. Pakslinger,
TRAS. Pontianak, Rangoon, Euteriata”, Bamarang
Bibolg Bhunghal.
(Bassaten). Haghors Roorsbala Bouraria (Bolo), Tegni, Tiling of Wallerradan".
• Three chose hara asla deposit bazar de la. Landen Beckers 1-Nasional Provincial Bank TAL Correponde all over the world.
Banking business of every Banerfylian teanovotel)."
4. ЯТОЛЕТКИ,
Hong Kong, 18th Avgneh, 1900.
THE
MARGEN
AMERICAN EXPRESS COMPANY, INC.
Head Office: 65, Broadway, New York.
you
rather than of complaint.
water-
Pondicherry the one you have yourself, and Ped with the very latest in olive
branches, lifebelts, and when you remember that the lady's
millinery! įdresson used to cost somewhere four hundred dollars
Viab
Yunnanfou Singapore Every description of Banking and around Exchange Business transacted.
Interest allowed on Current Accounts and Fixed Deposits according to ar- rangements,
Safe Deposit Boxes to lot. Travellers' cheques issued.
A. BONNAUD,
Manager.
5, Queen's Road Central, French Bank Building. Hong Kong, 1st November, 1981,
THE NATIONAL CITY BANK OF NEW YORK.
4
HEAD OFFICE: 55, Wall Street, New York.
Capital, Surplus and
Undivided Profit ..U.S.$226,037,893
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
Įspiece, you begin to wonder. What
sort of change, you ask, is this?
firmed.
con-
SWEDISH MATCH CO.
It is a change of prices and Д change of attitude. Clothes are
Rumours prevalent in the City cheaper, and it is no longer degrad-that the Swedish Match Co. might ing, even in New York, to wear postpone the payment of its usual cheap clothes. This is a change interim dividend have been Indeed! Two years ago,
According to a message your stenographer would have from Stockholm, the company has scorned to invest less than twenty-announced that a decision regard- five dollars in 題 frock. Nowing the payment of the dividend wealthy women coo
postponed until the ecstatically has been over bargains at ten or even at five economic conditions of the world dollars. For not only the newly have been stabilised.
craze.
oven
WEDNESDAY, NOVEMBER 18, 1931.
CURE THAT COUGH
DO NOT SUFFER UNNECESSARILY
TRY
PINOCINE
COUGH CURE
GOOD FOR
COUGHS, COLDS, ASTHMA, INFLUENZA,
CATARRH, CONSUMPTION, SORE
THROAT & WHOOPING CURE.
EXCELLENT LUNG TONIC.
Buy A Bottle To-day.
Sole Manufacturers :-
THE CHINA DISPENSARY,
Pharmaceutical Chemists And Druggists.
82. QUEEN'S RD., CENTRAL.
was acquired, and Joseph Lucks. have therefore had the benefit for a full year of this and other ar- rangements.
poor are economising. New York The board adds that a consider- has adopted thrift as its latest able portion of the profits will have
to be used for offsetting the sovore MOTOR ACCESSORY PROFITS. Forceful Advertising.
depreciations in securities, and
Judging by the experience of This is largely due to the they are anxious under present tremendously forceful advertising unsettled conditions to maintain Joseph Ducas in the past year the Faced with a the company's quid assets on motor accessory business has not of the big stores.
At the pantcky public which refused to their proper level.
same wholly escaped the effects of trade buy anything at all, the stores time, it is stated that the results of depression. The shrinkage in net "acted
said: the industrial activities of the com- ' profits, however, is relatively small, As Brooke Bond and Co. lately noble," and "Economise! It's smart to bepany in the first half of the car- the figure being £24,182 lower at gave an carnest of their determina-.. thrifty! Buy from us! Our prices ront year were practically, equal | £208,818, and the directors' deci- tion that consumers should got the
to those of the same period of lastsion
are lowest!"
THE POUND AND TEA,
to make a smaller total benefit of the fall in wholesale
has Ordinary distribution Of course, every store sang more year.
ap-prices of tea, they are entitled to A year ago an interim dividendparently been dictated by the ad- {warn buyers against increases in or less the same tune; competition in undercutting became terrific, and of 5 pc. was paid, the total divisability, of acting prudently in price ascribed to the influence of prices in fashions, notably-raced tribution for the past five years these uncertain times. A final the depreciated pound, Increases downwards. Shopping in New having been 15 p.c.
Ordinary dividend of 10 p.e. again (which are not justifed. In a statement to Higginson and makes 15 p.e. for the year, but the It is pointed out by one of the Commercial and Travellers' Letters York has in consequence become a
There is Company, the British fiscal agents bonus is halved at 5p.c.
company's directors that tea is not of Credit, Travellers' Cheques, Bil bewildering business. of Exchange and Cable Transfers an embarrassment of bargains. And for the company, announcing this The remaining balance of profit [an International commodity. It bought and sold.. Current accounts a price that is cheap to-day be- decision, the directors state that is sufficient to allow £25,700 to be is consumed mostly in the British and Savings Bank accounts opened comes high, in comparison with the result of the company's bust-placed to reserve (against £50,000) Empire, and its production is and Fixed Deposite in local and for what the same article will cost ness for the first half-year of 1981 and the forward balance to be rais- mainly financed by the rupee, eign currencies taken at rates that
London Your joy over has been practically equal to that ed by some £23,000 to £59,880, which follows sterling. may be ascertained on application to you to-morrow,
your "finda" is short-lived.
of the same period of the previous The 31,000 Ordinary the Bank
shares receives all Empire-grown tox and
Capital
special charter of The National Gov ernment se an
Beorganised October 25, 1923, under
Surplus
Basarris
U.S.$6,000,000 .U.S.$1,672,454 U.S.$1,208.209
INTERNATIONAL EXCHANGE
BRANCHES:---
AutoSam ART
Oc
Glasgow
Klow Kaplen
Havans
Beale
Derlia
....# 8,820,503,83
Blacri
Baby
Branis
Bon Airwa
Galle
Hamburg Have Lasariskan JorvenJama Lión Loodos Liverpool Luaras
Jian Parte Уводда
Fyking Pain
Sotadam
and Nics.
BANK.
Bubscribed Capital ....$85,000,000,00 Fald-Up Capital $24,710,200.00 Reserve Funds
HRAD OFFICE: SHANGHAL
HONG KONG BRANCH:
4. Queen's Road Central
Owing to our numerous branches in Chins and large connections in the fa- portant commercial centres of the world, we are able to extend to our elients special facilities for domestic and foreign banking and exchanges.
We also handle the lane of Bonds and other Publia Funda of the Chin- Ese Government both at home and abroad.
SHOU J. CHEN,
Hasager. Hong Kong, 5th March, 1981.
Calouble
Unleashe Cottinopl Copenhagen Kimburgh More Amers
Lugano LAIDE MarvelBas Monte Carl
Manila
Munich
Menez
fambani Shanghai scutkampion dragspore BLTM Morisa Tienta
Vizana
Train
· Burlon
Milan Branches of American Express Company in Principal cities of Unit ed States of America and Canada.
All classes of Commercial Banking Transactions undertaken.
Personel investment accounts handled
The Company offere to intending Travellers the use of its "Travelers Cheques" and Letters of Credit and, THE YOKOHAMA SPECIE BANK, in addition, the world-wide service of its thoroughly equipped Travel De partment.
LIMITED.
Established 1880.
Capital (fully paid-up) Yen 100,000,000 Reserve Fund
.Yen 118,200,000
Mead Office: YOKOHAMA.
Branches 'and Agencies att
Alexandrin
Batavia Berlin
Bombay Canton Changchuh
Calcutta
Dairen (Dalay)
Nagasaki Nagoya Nowchwang
Now York Otaka Paris
Pelping
Rangoon
Fortien (Mukden) Rio de Janeiro
Hamborg
Hankow Harbin
Kong
Kal Tuen
Karachi
Kobe
London
· Loi Angolas
Mania
ព
Francisco
Seattle
Semarang Shanghai
Bhimonoseki Singapore Boordbaya Sydney
Tientsin Tokyo Tangtan Interest allowed on Current "Ad-
Deposits zacalred for fized perioda să rates to be obtained on application.
HL. MOEL
Hour Eme, 11th Septemben...1231.
Affiliated with THE CHASE NATIONAL BANK Resources..Over $2,500,000,000
E. W. DUGGAN,
Manager.
We are also able to offer our Qua- One fact of this state of affairs year as far as the industrial and lasued in June, 1980, now rank for the bulk of the foreign grown, the tomers the services of the Branches is that it has put luxuries within commercial branches of the busla full year's distribution, whereas remainder of the latter finding its of the International Banking Corpora
for 1929-80 they received only the terminal market in Amsterdam. tion in San Francisco and Spain and reach of many who hitherto had noss are concerned.
It Up to the present time, it is add- final dividend, and the bonus.
Already to stocks in Britain ales of The National City Bank of to be content with bare necessities.
eight 'months' New York (Francs), SA, in Paris The wage-carner whose wage hased, interest and amortisation on all will be recalled that in June, 1980, represent
con- not been cut finds her dollars going foreign bonds in the possession of the electric lighting and starting sumption, and the excess of produc- F. McD. COURTNEY,
much farther and possibly em- the company have been punctually and magneto portion of the bust-tion over requirements must be the bracing B fur coat.
ness of S. Smith and Sons (M.A.) ruling factor in prices. Hong Kong, June 16, 1991.
French paid.. lingerie, well-made dresses, Ane straw hats.
Manager.
THE BANK OF TAIWAN, LTD.
(TAIWAN GINKO.)
HEAD OFFICE:-Taipeh, Formions,
Incorporated by Special Imperial Charter, 1899,
Standing the Strain. But-what of the wage-earner no longer earning? What of the thousands of girls and women and flowing through bureaux offices in search of employment? How are they, in the clothes sense, standing the strain?
Magnificently. Hardly any of are badly dressed. They Appearance is their biggest card: it will open many doors in New York that would re- main closed to mere dowdy talent. At any cost these gallant struggler's O turn out in new, beautifully as
sembled clothes.
thom Bank-Mcles waned Average - £1,400,000 dars not be.
مقلاة السحر
Ountry) Bank fa Forriton,
BRATCHES AND AGENŢIES; JAPAN :—TORJE, Kokolima, Kobe, Osaka, FORMOSA CHERA, Kagi, Karmako,
Makong, Hanso, Balpokies, Tricks, T Takao, Tameal, Town Halo, Zalo. GILINA 3-+Bhanghai, Haskow, Amey, Fochow,
_divaior, Össion. OTHER—g Song, Bizpapers,
Bemarang. Haleria,
Bombay Landon Jew. Tork, Dairem.
LORDON BANKERS:
Bocube Yu.
The London Cosaly Wauminate and Parra Book,
The Bank has Corrsepondenta in all the pensiya Commersial Centem throughor), the world.. I. MAGURA.
HONG KONG BRANOU (
Des Vaux Road Centrs. Hong Kong. Tik Juanes) 3000.
Manager.
THE BANK OF EAST ASIA, LTD.
Established 1918.
BEAD OFFICE:
10, Des Voeux Road, Central. HONG KONG
At times, however, their very gallantry is their defeat.
A girl came into a store looking so bright| and smart that she was' engaged~~
THE MERCANTILE BANK OF INDIA, LTD.
11
HEAD OFITOR:
15, Grischurch' Street, London, EUR
Authorised Capital
Subscribed Capital Paid-up Capital ..........
£3,000,000
1,800,000
1,050,000
Reserve Fund and Heat 1,898,845-
BANKEBA, N
The Bank of Bagland & Milland Bank, Zak,
BRANCHES
Kandy
Karnstil
Bangkok
Baseria
Capital and Surplus
over HL$ 8,000,000.00
Babay..
Calostia
Ko Bhar
Solenbe
Total Resources .................................................... over HL.$30,000,000.00 Every description of Banking and Exchange business transacted..
Dall Dalla
Hoat Hong
HOWTAL
- Current and Fixed Deposit Accounts in local and for-
eign currencies opened for clients. A
Savings Account and Safe Deposit, Boxed. Branches and Agencies all over the world.
KAN TONG PO
Chief Manager,
Kusle XV Xmla Zápla
Now, York PURSE! Part Lol
Baugcom
Kuala Lumpur Kuanian (Fabasa), BUKAN PORN Bourabaya
[2003]
(2010)
220
(2.75)
M
A. F. C. Average of Shanghai Stocks
TWENTY REPRESENTATIVE **CLI
Lower prices have been ruling (A.O.F.C. Average has fallen to the followers is the tightness of lowest levels of the year. On the money. This situation, of course, on the Shanghai Stock Exchange first day of trading this year, the has been aggravated by the recent during the past week. The sud Average was at 24.10; now it is large conversions of local allver den rise in exchange has been ofat 28.77. The market at present currency into foreign gold cur far more interest to the financial levels is largely a representation rencios. It seems probable, how community than any attractions of the apathy of traders. There ever, that stocks are low enough the stock market might have: Not are no efforts being made to do to command good buying under only have speculative Interests anything constructive in stocks, normal conditions, and a recovery switched over to exchange and and the market is left to find movement can be expected when HONG KONG BRANCH Wwry descrivim of Banking and Exobang buaGold Bar commitraents, but there whatever levels may ensue during the sharp fluctuations of silver has been a pronounced tendency this period when people are seam comes to an end and the political, Trusten and Executorships under-among investors to liquidata their ingly so anxious to get out of situation becomes less acuto. taken
stock positions and convert their stocks and engage in transactions The statistical record of the FINE INPRNe si Zamme that may be moutained funds into various of the gold cur-identified with the eppetacular A.O.F.C. Average follows.
gains of silver. rencies.
Jan. 8 24.10 CI, FANDES,
As a result, the stock market sa A reason for the lack of inter High for year...Sept 19 28.68 reflected by the movement of the eat on the part of stock market Low for year. Nov. 10 23.77
san Unnanciad
INTEREST allowed-on Duxtons Amosuto and
Quero's Bond Danten).
Manager