THE
CHINA
MAIL.
BANKS
HONG KONG AND SHANGHAI BANKING CORPORATION.
Astberleri Bayliai, wanamkan fness and Tully' Púder
Home Funds 1-1/
man 330,000,054 204,608
Starting too on cameranians # 1,990,100
Fe (29,900,105
Monotra Tinh Máy of Proprialace .............. 100,000,000
WALD WETION; Move xoxo,
WUARD OF DIRECTORS:
Chateman.
Ton. Re. 1. 2. Pakorven.
Deputy Chairman.
W. H. Ball, Esq.
T. 2 Porm. Bea
İN 1. Demywa, Koç, 7. A. Plummer, Beg
(E. fanâo Lanta, Bog, Y. 8. 1. UMY, F
* Chief Msange.
7. Grayburn, Bu
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA. Incorporated by Royal Charter, 1855.
j HEAD OFFICE: LONDON.
AMRITHAM
BANGKOK BALLVIA BOMBAY
CALLUITA
CANTON CAYNPORE
CZBU
THE HO HONG BANK, LTD.
(Established 1917.)
HEAD OFFICE:--SINGAPORE. Hong Kong Branch: 13, Queen's Rd. C.
יז
SALAUTTA
1. P. Water, Bon
LONDON
Branches Agencies and Correspon- dents in the principa) cities of" the world.
Authorised Capital Straits $20,000,000 Issued Capital
8,000,000
Paid-up Capital
Reserve Liabilities
4,000,000
of Shareholders Karplus
4,000,000
*
"
2,687,000
Paid-up Capital
.£3,000,000
Reserve Fund
.£4,000,000
Reserve Liability of Pro-
prietors
.$8,000,000
Agencies and Branches:
ALOR STAN
KUCHING
MADRAS
MANILA
HAEPIKONO
KEDAN
NEW YORK
PKPLь {3%ADng)
PENANG BANDOON
BHANGHAI
CULOMBO
DAILEN
SAIGON
DELEL
BEMADANG
ANGKRS :-*
БЕДЕМБАН
SANDUEG
AMOT
BANEOW
BINGAPORE
BANQXON MAYAVIA
XOX
HARRIN
DITIAWAN
KONG TONG
BOURADAYA
MALACOA
TAIPING
BOMBAY
MANILA
1P0#
TIENTSIN
MUAB (Jemen)
KARACHI
TOKYO
ZANTON
MUKDEN
KLARO
YONGKAN (Phuket)
KOOK
NEW YORK
TAINOTAO
KOALA ZANORAM
COLUMBO
PRIPING
ECALF LUMPUR
ZAMBOANGA
DAIKAN VOCOBOW KAIKOSS
SAX FRAXOTICO
HANKOW
BEANORA
SING & PORN
MONINW
MUZUMABAYA
HUNGHI PATAMI
ILOILO
IPOK
露絲園章
KOWLOON
KUALA LUMPUR
RANGOOS
TIENTAI
TUETO
PRINGTAO
ТОКОПА НА
Quins Loovanie oquand la Lsod Ourense) and Fitad Depoolse roostred for ana zone a shortse palele in komi Currency and Starlika verts which will be quoted 'va applicaties Hong Kong, Vecomber 7, 11.
HONG KONG SAVINGS BANK.
The Balon of the shere Baak te oond. by the GONG KONG AND SHANDBAL may be BANKING COMPORATION.
shained on spyliausi... AND ĮRANKIAI
FOR IRS BANKINU CURFURATION,
V. M. GRAFICUM,
Olli Kanager.
King Kong, 10th July, 1000.
THE BANK OF CANTON, LTD.
Established 1911
Head Office-Hong Kong. Anshorted Deplial (H.L. Currency) 311,005/WOM Pară lip_Capital
Seserva Pynt menu
BRANCHES 2-
-- 1,130,040
Haskow, Boughsk, New York and fan Fransisko.
Casian, kun għal,
DORRESPONDENTI
LONDON BASKARI »–
The Floyd's Bank. Udalak.
in si pelasipal titles of the World.
Wwww.
Te-sign azshango and bashing bustan of
avery dvoortyséta temansmod.
Bus Depot Bores (various alam) as a poİS
runde af from 85 to 912,
LOOK POONG SHAN,
Chief Manager.
THE BANK OF CHINA.
行銀閔巾
Reorganised October 28, 1928, under
special charter of The National Gov.
erament a SE
INTERNATIONAL EXCHANGB
BANK.
Subscribed Capital
..$15,000,000,00
Paid-Up Capital
..$24,710,200.00
Beserve Funds
.$ 8,820,508,81
BEAD OFFICE: SHANGHAL
HONG KONG BRANCH:
4, Queen's Road Central
Owing to our zumerous branches in China and large connections in the im- purtant commercial centres of the world, we are able to extend to our ellents special facilities for domestic
and foreign banking and exchanges.
TORDHAMA
Evory description of Banking and Exchange business transactod.
TAN ENG HOOL,
Manager.
BANQUE DE L'INDOCHINE.
HEAD OFFICE:
$6, Boulevard Haussman, PARIS.
Capital fully paid up..Frs. 120,000,000 Reserves (31.12.1980) .Fra. 116,508,454
BRANCHES:
Indo-Chins. China. Other Places. Saigon
-Bangkok-
Foreign_Exchange and Goastal-Battambang- Canton
Banking business transacted.
Canthu Fort-Bayard Current Accounts opened and Fix- Haiphong Hankoon Djibouti ed Deposita received for one your or
Hanol shorter periods at rates which will
Hongkong Thanh-Hoa
Noumoa he quoted on application..
Hue
Mongtze Nam-Dink Peping. Papeete J. STUART,
Prom-Penh Manager.
'Shanghai Quinhon
Pondicheri Hong Kong, 17th August, 1991.
Tourane Tientsin Vinh
Yunnanfou Singapore Every description of Banking and Exchange Business transacted.
NEDERLANDSCHE HANDEL- MAATSCHAPPIJ, N.V.
NETHERLANDS TRADING SOCIETY)
DANEERS.
Established. 1894.
Mont Kong Office:-11, Queen's load Central. Authorland Capital.
Paid Up Capital
Duilders 150,000,000
(E12,800,000) Outldres 80,00,000. (00.000,170.) Teaser Hurd.............. Quidora $0.018.000-
(£8,384,189.) · Bad Moo-AMRTENDAN".. Florn Bead Dot--BATAVIA.
Dandrang'. Bebay, Branches -Bandjermasin,
Calculen, Charbon, Djember. Diok Inkeria. The Ragun", Jiddah. Kob Mabanar. Medin." Paleratung. Paka longan, Pana Rangoon, Holterdam, Semarang, Shanghal, "Bingapore, Seeras baia, Borrakarta (holo), Tegal, Tillaljap and Wallerrodes".
• These shave Safe Deposit Dozer to Let.
LONDON HANKERS;-
NATIONAL PROVINCIAL BANK LTD,
Corm pondents all over this world. Banking Bosk esram of every description isurinacled,
A. STOKKINK,
foo Koog, T Desember, 1931..
THE
Manager.
AMERICAN EXPRESS COMPANY,
INC.
Bend Oce: 85, Broadway, New York.
Bana Berlin BLASTIN
Bonhy Broa
.U.S.$6,000,000 ..U.S.$1,572,454 .U.3.$1.008,209
Capital
Surplus
. Reserves
BRANCHES:-
Amirlam ARITNE
Dewule
Bus Li
Cain Dalitha Cana Colombe
Gench Glasgor HATIKA Hamburg Havin interistaa Jerusalam Lido Loadou Liverpool Luperpe Lugabo Lor Karelli
Mice Kapi Piran
Paria Pro Palior Plots
Rotterda
Loantinopla Monte Carle
Copenhagen Linburgh Fizesse
Nenlth
Munich
GOL
Branches
Montres Milan
of
Elard Stamboul $bangkai Southampto Hingapore BS. Mol Taule Vie Vonies Yokohama Turich
American Express We also handle the issue of Bonds Company in Principal cities of Unit. and other Pubtle Funds of the Chin-ed States of America and Canada.
Government both at home and
abroad.
SHOU J. CHEN,
Hong Kong, 5th March, 1931.
Manager.
,
THE YOKOHAMA SPECIE BANK,
LIMITED.
Established 1880.
Capital (fully paid-up). Yon 100,000,000 Reserve Fund
Yon 116,200,000
Bead Dice: YOKOHAMA,
Branches and, Agencles at:
}
Alexandria
Natavia
Berlin
Bombay
Calcutta Canton
Changchun
Datren (Dalay)
Bankow
Nagasaki
Матора Newchwang
Now York
Ozaka Paris
Peiping
Rangoon
(Mukden) Rio de Janeiro
Kong
Barbin HODE Honolula Kal Yuen Karachi
London
Kobe
Los Angelos
San Francisco
Seattle
Semarang Shanghai Shimononaki Singapore
Boerabaya
Sydney Tiantain Tokyo Telagian Internet allowed on Current As- Dounts.
Manila
Deposits received for fixed periods ratos to be obtained on application,
HI. MORI,
Manager. Hone Komm, 17th September, 1981.
wwww...m
All classes of Commercial Banking Transaction undertaken.
Personal investment handled.
accounta
The Company offort to intending Travellers the use of its "Travelers Cheques" and Letters of Credit and, in addition, the world-wide services of its thoroughly equipped Traval De partment,
E. W. DUGGAN,
Afmanger.
Commerce and Finance
VIEW OF WAR DEBTS
AN AMERICAN'S
CONFIDENCE IN BRITAIN.
Remission After Moratoria.
WEDNESDAY, DECEMBER
tion In the League of Nations and] a clearer understanding of internn.
The "Ironworker in Youngstown,' Ohio, who lost his money in the
16, 1931.
GERMAN LIGHT· INDUSTRY.
recent bank failures there may Telephone Services in
have no conception of the Young' Plan and,
probably, the largo amount of short-term crodit out- standing in Germany to-day of Amorlean banking institutions would be marked by the bank examiner "not sufficient collateral.”
cent,
China.
Berlin, Dec. 7. While Germany's heavy indus-
But the question really resolves try is increasingly compelled to itself to one of taxation. The curtail production, her light indus- German pays approximately 33 per try and particularly the electric"
the Briton married with industry has so far managed to two children having ДП In-'bold its own, according to data comr equivalent to $5,000, pays published to-day by the Siemena $958 in taxation. The American und Halske Company. oftizen with the same Income and According to this report, the au In the following article in the Financial Times, of October 24, the same progeny pays a little over tomattention of German telephone systems is proceeding apace, while Mr. John H. Drummond, who, after representing the New York ($12.
Human nature being what it is, in other parts as well, automatic investment house of Calvin Bullock in London for the past two and this variation is far too great, exchanges are steadily superaed- a-half years, has just returned to the United States, gives his im- Many Americans say these debts ing manual exchanges. Up to the pressions of conditions and prospects both in, Britain and America. are just and should be paid, but if beginning of this: ar, it is stat the debtor countries have no more ed, the Slemons Company had sup Mr. Drummond emphasises how overpowering is Britain's bur-gold, America will not take their Plied over 8,000,000 automatic tele- den of taxation, and suggests that the existing one-year moratorium goods because of the tariff walls, phones, as well as the necessary the burden.simply becomes too equipment, to all parts of the on War debts will have to be extended for ever-increasing periods
heavy, and, while suppose it is until the whole question “gradually disappears.”
Although registered at Bow he takes a pencil and a place
of
&
Street as a "Resident Allen," with paper and tries to enumerata a residence fixed in London and an list of appropriate "come-backa,” office on Cornhill for the past 21⁄2
The British Complex. years, during that time I have
Ho usually makes up a list some made two trips to the United thing like the following:- |States-going on far weet as Den- 1. Britons are pessimistically Interest allowed on Current Accounts ver-four trips to Germany, oight conservative, yet up to date, they
and Fixed Deposits according to ar visits to Paris, as well as several have always scomed to muddle rangements.
to Amatordam, Brussels, Zurich, through. Baate and Geneva,
2. England is off the gold
Safe Deposit Boxes to let Travellers' cheques Issued,
A. BONNAUD,
I had the pleasure and benefit not standard now, but it's fairly pos only of the casual observations sible that the rest of the world will
Manager.available to an interested traveller, fellow sterling.
5, Queen's Road Central, French Bank Buliding. Hong Kong, 1st November, 1991.
THE NATIONAL CITY BANK OF NEW YORK.
HEAD OFFICE: 65, Wall Street, New York.
Capital, Surplus and
Undivided Proẞts ..U.H.#226,087,392
Branches in:...
ARGENTINE LONDON
BELGIUM
BRAZIL
world.
not politic to say so, the one-year! Since then, it is stated, the com- obtained from the French moratorium must, of necessity, be any followed by a longer period, per- Ministry of Ports several import- ant orders, totalling 81,700,000 haps three years; at the end that time a further one of five, cared, were placed with the Cle. franca. These orders, it is de- until the question gradually disap- Generale des Telegraphie et de peurs. This is certainly the view
and further West?
Tarifs Will Help.
ot
held by many bankers in London. Telephonie at Paris, after the I wonder how long it will be before various systems had been submit- it will be accepted in Now York ted to a searching test and varl- ¡ous experiments, from which the so-called "country exchange sys- *tem" was What lies ahead in the future for against hard competition.
eventually chosen,
will surely be Nationalistic. The tinues, includes one for the con-
Tho coming election
These orders, the raport con- majority may even be two hundred, struction of four exchanges in St. but it certainly will be substantial. Malo where the telephones will be
Britain?
on-
but also of many interviews with 3. England's industries are A new value to the pound will be equipped with a new dovice men experienced in the financial built on Free Trade, yet the priestsblished, either at four dollars abling every subscriber to put in world in Britain and on the Con- posod
Government platform
You can take your toll calls automatically, the tolls tinent, and the main thing that has will certainly contain a tariff at six.
cholen! impressed me has been the clarity plank.
new
A new tariff will help being recorded also automatically, British Industries tremendously
Denling with the Far East, the and curiously enough,
may report atates that the Siemens result in time in aboli China Company has introduced the tion of them all and universal Siemens-Strewger automatic sys- fres trade, which is as it should tem in many places including Muk-
Idon, Changchun; Hankow, I do not for one moment believe etc. It is stated that there are to- that Britain is going to do any day, approximately 60,000 automa. thing but forge ahead. They have tic telephones, worked on
be.
1
son-to
otc..
the
of their vision and the correctness, 4: England's unemployed are on of their forecast regarding the the dole, but will the U.S.A. be financial and industrial recession forced to come to
some similar in the United States during that policy within ten years? time.
5. Britons certainly obey the law-and govern their Colonies as, Break in Steels Foreseen. When United States Steel was 262 the Colonial Office thinks best. and the American financial journ-j 6. England has centuries of in- als were filled with the propaganda ternational banking experience to the cheapest transportation-the Strowger principle, in China. to- of "a new era of economic ad-aid her recovery.
any part of the world; day and that of these the Siemens 7. England has not had a bank they have 500 years of successful China Company has supplied over vance," several men in Edinburgh | told me that they had sold all their failure in twenty years.
international banking experience 50 per cont.-Transocean Kuomin. Steel and were expecting the price But, as a final clinching arguand traditions behind them; they to break below 200. A year later mant to satisfy his own mind, the have the brains, the breed and the the same mon said they would not American writes:-- be surprised to see Staal go to 150.
By 1941 what will the picture Last Summer I was told it would tion of output, is the greatest show in the United States of industries America? First of all, a distinct probably break 100. The price is hindrance that British now below 60, and only a few days bave to suffer, and the rigidity and improvement in matters of social advised that, in the lack of mobility of the British welfare, whereby bread lines and Commercial and Travellers' Lettera ngo I was of Credit, Travellers' Cheques, Bills opinion of
a prominent London economic system is where England, apple vendors should be two things of Exchange and Cable Transfers| broker, Steel would probably go bo- is lagging definitely behind." / bought and sold. Current accounts low 40.
of the past. Old-age pensions. Now, it seems a pity that such health insurance and other com
CHILE
MEXICO
PANAMA
PERU
CHINA
PHILIPPINE
COLOMBIA CUBA
DOMINICAN
REPUBLIC
INDIA
ITALY JAPAN
ISLANDS
PORTO RICO
STRAITS
SETTLEMENTS
URUGUAY
VENEZUELA
and Savlage Bank account opened
"Trade unioniam, with its limita-
courage.
and Fixed Deposits in local and for- Simply taking that particular trifling perplexities as the Franco-pulsory sociological activities will antagonism, the Russian at least have begun to be introduc
the Bank
F. MED. COURTNEY,
Hong Kong, June 16, 1981
Manager.tic.
£100,000,000
CHARGE.
FRAUD
Surprise decision in Bank Case.
It has been decided not to pro-
eign currencies taken at rates that stock as an index, what pro the German may be ascertained on application to reasons at the back of the British enigma, the Indian Round-Table ed. A far better contact and view.
In Glas- point of foreign affairs will be cead with the prosecution of Philip We are also able to offer our Cus. financial man's mind when he still Conference, the riote
severe Winter gow and the coming Disarmament manifested in the United States, James Mond and William Victor tomers the services of the Branches forecasts the very of the International Banking Corpora, that much a figure would imply? Conference cannot also be brought America has the
continent, Cunningham, who were committed tion in San Francisco and Bpain and There are a multitude of reasons, into the discussion and receive climate and a willingness to work for trial at Canberra, N.B.W., in also of The National City Bank but the principal ones, as I see their proportionate share of the that is unequalled in the world connection with alleged frauds-on New York (France), 8.A to Paris
blume, but, to my way of thinking, to-day.
the Ocean Investment Company, them, are as follows:- and Nies.
1. Americans are over-optimia-the principal matter that America
They may live in villages, as Ltd., and the formation of the must face is the question of the Mr. Shaw says, or be too urban, Britannia Bank. 2. America has all the gold and War debts.
They may have no tradions ex-
This is the latest development, doesn't know how to use it.
When you
stop to think that cept in machine-gun circles. They aaya Reuter, of the sensational 3. America has too high a probably seventy millions of
may have 100-storey buildings, but bank swindle charge in which American citizens have never seen few buildings a hundred years old. figures running Into hundreds of 4. America has 12,000,000 out the Atlantic or the Pacific Ocean, They may have lost speed records millions of pounds were mention-
you cannot blame them for not get or water, on land and in the air,¡ ed. ting particularly 5. America
enthusiastic yet still "step Ilvoly." crime-ridden, with corruption in the city, State about matters on the other shores and national affairs.
THE BANK OF TAIWAN, LTD. (TAIWAN GINKO.)
HEAD OFFICE:-Taipeh, Formosa.
Incorporated by Special Imperial Charter, 1899.
Osntral Bank in Formosa.
BRANCHES AND AGENCIES, JAPAN:-7079, kokolina, Kobe, Üreka.
FORMOHA-klizam, Bagh Karmoko, Kaslung
Tatao, Thical, Town, Haito, Taite
slow, Caston. OIREE ==
tariff.
of work.
CHINA kuhai, Hankow, Asay Fooskopanic.
Long, Singapors, Bourabaya Seperat Belaria, Bombay, London, "Hre Tork, Dairen.
LONDON BACHERA,
of those OCOARA.
OWL
his
Mond and Cunningham opened the Britannia Bank with a nominal
bears what purport to be the signatures of some of the most
tala
Return Of Prosperity. Ten' million
They may think every working capital of £100,000,000, and when 6. America's speculative boom recent floods without the alightest
Chinese may have drowned in the man should have his own home, his the Primary Producers Bank fail- ed Mond offered to take it over, ix responsible for the present world economic repercussion in America, motor-car, his radio and his bath- which is alleged to be bogus, and
electric refrigerator,
producing a power of attorney Bank Notas usa Average amount. Yen, depression.
yet when sixty thousand steel hel- tub, yet be adamant against bear 7. America's banking system, mets parade, the effect upon some and light wine. They are able to with over 1,000 failures, has in-young farmer boy in Kansas may manufacture or consumo (or both) Making Hunto, Blinchiku, Tricks, Telos, duced hoarding-a bad sign of be the same (who knows?) as was more than the rest of the world 'prominent financiora in Great Bri-
the death of a certain archduke put together of practically every It was stated in There may be many more, but seventeen years ago upon that item that is necessary for modern and had claimed that he had Court that when an American has heard these young farmer's father. it is usually about enough for him.
their you; hustling and go-getting methods put up. £5,000,000 towards the capital of the Britannia Bank. If America had never entered may annoy a great many people. According to a witness Mond had the War there certainly would be but they are two-fisted and they admitted he had not contributed no question of War debts in work.
anything and Cunningham said he America to-day. Perhaps Washing.. Temper this same activity with had not got two shillings. ton was right with his slogan of a batter knowledge and understand- "No foreign entangling alliances," ing of world affairs and Infuse surer places for the return but America is involved in Euro- some of their mass production prosperity and, incidentally, money | pean affairs now and must improve methods in both the industrial and to be lovested, than England and
The London Coenly Westminster and Furr's Bass He goes back to his office and, put- The Babe Correpondenza in all shu principsting on his tortoise-sholi glasses,
Commercial Cecine throughout the world.
L MAGURA,
Muuga.
BONG KONG BRANCH,
Trong xen Linh Jeaner, thi
De Vosa Bond Chairs
THE BANK OF EAST ASIA, LTD.
Established 1918. |
HEAD OFFICE:
'10, Des Voeux Road, Central. HONG KONG.
Capital and Surplus Total Resources
THE MERCANTILE BANK OF
INDIA, LTD.
HEAD OFFICE I
15. Osadenborok Biraat, London, 2.0.1.
Authorised Capital...£3,000,000 Subscribed Capital 1,800,000 Paid-up Capital
1,050,000 Reserve Fund and Rest 1,008,345 MANKENS:
The Book of England à Midland Bank, Ind.
BRANCHES Bangkok Ipoh
Mandy
Natuvis
Bombay
over H.$ 8,000,000.00 over H.$30,000,000.00
Colombo
Delhi
Galle
Every description of Banking and Exchange businées transacted,
Current and Fixed Deposit Accounts in local and for- eign currencies opened for clients.
Bavings Account and Safe Deposit Boxes, “ Branches and Agencias all over the world.
KAN TONG PO,
Chfof Manager.
Ele
Kamobl -Hose Wihary
Kuala Krai.
Kuala Lipis
Kuala Lumpur.
Naw Zork
Port Teuta
Hautist
'Chanchal
Kuanias (Planı” Blogspoes
Madey
·Bourabaya
GAN HONG KONG BRANDI,
Evary iwcription of Banking and Zashanan bori, pass teamed.
Travellers, Cheques tod
Trustee and Executorships' under- taken,
INTEREIT allowed, ou Carroa) - Abcounts, kad Pitad Depatia si Balan that may be saceriained n appliestiam.
C. L. SANDES,
[7. Qosaný Road Omate);
Long xn xh April, 2004
Bianiger
Unequal Taxation,
4
civilisation.
Oh,
of
Its viewpoint on these same foreign financial life of Britain, and then Amerlen in this year of discord, | matters, with, ultimately, participa. I ask you to name two better, safer, 1941.
NEXT ATTRACTION
AT THE KING'S
DADDY
JANET
GAYNOR LONG
LEGS.
WARNER BAXTER