BANKS
HONG KONG AND SHANGHAI` BANKING CORPORATION.
Arikosland Caplied
Ived and Felly Paid-up 30,000,000 Boomero Penda
Br
Вінни
Swerve Liability of Propelatoes 920,000,000 HEAD OFFICES HONG KONG,
BOARD OF DIRECTORS 1—
Blon. Mr. C. O. 8. Mackie,
Hon. Mr. J. J. Paterson. Deputy Chairman.
5. A. Mummune, Kaq.
T. II. B. Shaw, Kag.
̧W, EL, Hall, Beaq; ・・
· A. El. Chimplos, Zaq.
6. Ma, Eq.
I. P. Warme, ·Baq.
7. B. Peros, Esq.
Ita MOKOK BATAVIA
EKIMBLY
CALCUTTA
CLYTOY.
CHBPOS
QULDYBO
BARRY PENCILOW SAIMIONG
HAMBURG
HAYKOW
HARBIN
BONGKAR
STANLO
10%
SLORA
KOER
KOMLADY
Ohiol Hangout,
V. M. Draybero. Reg.
FRANCHIFA-
LONDON
KUALA LUMPUR
LYORM
МАКДОСА
MANILA
MUAR (Jobs)
KYKDEN
NEW YORK
VEIPINO
PENANG BANUDON
BAIDON
SAN FRANCISCU
BRIANDIAL
SINGAPORE
BOUGABYA
SUNGEI PATANI
TIENTSIN
TOKYO
THÌNOTA0 YOKOHAMA
Or Annie opened in Local Currency and Fixed Deposita rerelted for one your or aborie poriola" in Local Currency and Sterling an lereni which will be quoted se application. Hong Kong. Deceber 7, 1971.
HONG KONG SAVINGS BANK.
The places of the shorn Bank la condictad by the HONO KONG AND SHANGHAI NA NI- ING CORPORATION., Bales may be obtadsed on application.
PUT THE VOSARONG AND SHANGHAI HANKING CORPORATION.
V. M. GRAYBURN,
Chief Mage.
Hong Kong, 15th July, 1986.
THE BANK OF CANTON, LTD.
Established 1912,
Head Office:-Hong Kong.
Authorised Capital (ST.K. Currency). ...811.208.200 Pold-d's Capital .......................................... B
BRANCHES :--
Beware Fund
1,100,000
Canton, Bhanghai. Hoakow. Bwalow, Bunge, New York and Ba Prancisco,
LONDON BANKERS:--
The Lad's 'Bank, Limited. CHEZEAFONDANTS
In all principai dition of the World.
Parle Exchange and banking busines D
-etary Sewwlytics transacted.
Bala Depanit Downs (various alvos) as a gently
LOOK POONG SHAN,
Chief Manager. I
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.
Incorporated by Royal Charter, 1855
THE
CHINA
MAIL.
THE HO HONG BANK, LTD.
''(Baishlished 1917.)
HEAD OFFICE SINGAPORE. Hong Kong Branch: 13, Queen's Rd. (
Authorized Capital Straits $20,000.00 Troued Capital
Paid-up Capital
8,000.000
4,000,00
Reserve Liabilities
HEAD OFFICE: LONDON.
of Shareholders. Surplus
4,000.00
2,687.00:
Paid-up Capital
Reserve Fund
.£3,000,000 .£4,000,000
Reserve Liability of Pro-
Branches, Agencies and CorrespoD lente in the principal cities of ch world.
prietors
.£3,000,000
Agencion and Branches:
ALOE BAR
KUCHING
MADBAS
MANILA
ANDITHAR UANOROZ ΒΑΤΑΝΙΑ DOMBAY CALCUTTA CANTON CAWNPORE CEBU DOTAMBO DAIREN
NEDAN
NEW YORK
PRFING (Peking)
PKNANO
RANGOON BATCOX BEMARAKO REBEMBAN HASOHAI RINGPORE RETIAWAN
DELUR
HAIPONG
Hanna
HANKOW
HARBIN
BOURABAYA
KONO KOND
TAIPING
TIENTSIS
TORYA
KARACHI
KLANO
TONGKAR (Bhɛkec) TRINITAD
KUALA KANGSAR
YOKOHAMA ZAMBOANGA
ULOILO
TETHER
KOKE
KUALA LUMPUR
Foreign Exchange and General Banking business transacted.
Current Accounts, opened and Fix- ed Deposits received for one year or skorter periods at rates which will be quoted on application.
J. STUART.
Manager. Hong Kong, August 17, 1981.
NEDERLANDSCHE ·HANDEL- MAATSCHAPPIJ, N.V.
(NETHERLANDS TRADING SOCIETY)
BANKENA.
Established 1894, -
Hong Kong Offon (-1), Queen's Road Contra
Authorland Capital ... Ouilder 186,000,000. Paid-Up Capital woman Guilders 80,500,000. Roserra Fund
Guliders 40,018,000-
land Omoo:-AHSTERDAM*. Eastern Hond OMD®-BATAVIA. Brusches:-Brodjorstuale. Deadoang", Bombay, Calcatia Charbon, Djember, Dick. jakarta", The Hague", "didiah, Kobe, Makassar, Medan, Palemba Na longan, Penning. Rangoon, Butarders", Bemerang". Shanghai. Alagapoer. Sterk. bain, Roerakarta (Sola), Tegal, Tjilatjap sad Saltereden.
• These ooo bave Sala Deposit Bonus to Let.
LONDON DANKERS:-
NATIONAL PROVINCIAL BANK LTD,
Correspondante ali over the world,' Banking Busl- dom of sety description transacted,
A. STOKZINK,
Hong Kong, bi Dorambar, 2011,
THE
Every description of Banking an Exchange business transacted.
TAN ENG HOOL.
Manage
BANQUE DE L'INDOCHINE.
HEAD OFFICE:
94, Boulevard Haussmann,
PARIS.
Capital fully paid up .Fre. 120,000,001 | Reserves (31.13.1980) Frs. 116,568,454 |
BRANCHES:
Indo-Chias. China. Other Places Salgon
Canton Battambang
Bangkok Cautho Fort-Bayard Haiphong Hankeou Djibouti Hanol
Hongkong
Noumea Mongtze
Papeete Poping Shanghal
Pondicheri Tientsin Yunnanfou Singapore
Thanh Hoa
Lue
Sam-Dinh
Prom-Penh
Quinhon
Tourane Vinh
Every description of Banking and Exchange Business transacted.
Interest allowed on Current Account
Safe Deposit Boxes to let. Travellers" cheques issued,
FRIDAY, JANUARY 8, 1932.
This rapid survey of trade pro-
spects in the East points to an early
Commerce and Finance
OPPORTUNITIES FOR
BRITISH TRADERS
THE NEW £ MEANS
NEW MARKETS IN THE EAST.
By SIR HENRY DOBBS
High Commissioner for Irak, 1923-1929
The writer of this authoritative article, whose ocial experi ence of the East is exceptionally wide, here analyses the outlook for British export trade. He indicates the opportunities (resulting from the fall in the £) in India, China and the Near East, of which our merchants must take immediate advantage in order to redress our balance of trade.
many years,
ALEXANDER
should last for so long as our prin- and cipal rivals cling to the Gold Stan- INSTITUT dard, as they have proclaimed their DE BEAUTE Intention of doing, and for so long
as the pound does not of its own motion climb to inconvenlant
heights.
Phone 25169.
Pedder Building (tal Flour) Upposite Entrance to
Incidentally it must not be for Hong Kong Hotel gotten that in this examination of Eastem trade the situation in fre- which are Large, Soft and Natural, Lustrous Oil Permanent Hair Wares land, Australla, the West Indies and Artistle Finger and Marcel Waves, Oll the African colonies has, of course, Freatment, Shampooing, Henna Pack not been included. They also fex- any colour), Hair Cutting and Mani- cept South Africa) are off the Gold cientious, Artistic Work by European ure for Ladies and Gentlemen. Con- Standard, and can supply us with apert, Mr. Alexander, unlimited food and raw products at unchanged prices, while Canada is in nearly off the Gold Standard that her wheat. need rise "In terths of sterling only to wimal autent. ·
MR. MONTAGU NORMAN.
Now that Mr. Montagu Norman has been elected for a further year to the Bank Governorship (after a
CHARGES MODERATE. A VISIT WILL CONVINCE YOU.
WATER RETURN. All the Reservoirs on Island Below Level.
The level and storage of water in
great deal of chatter about likely the reservoirs on December 1, 1981, successors) stern adherence by the were as under: Bank to the theoretical view is to be expected. Mr. Norman can only
In the published evidence Mr. Norman admitted that in his view international considerations were
City and Hill Dirlet
1930 1931 16' 8"B 1011"B
29' 8"
23' 9"B
' 1"
70"B 12' 3"B 14' 3"
0 18
18" 8′′B
9"B.
9' 6"3 13' 3"B
Aberdeen Lower How": A. denotes "Above Overflow Note: B. denutes "Below Over L. donotes "Level with Overflow.")
Storage in millions and decimals of gallons.
1930
Tytam
1031
281.12
1.28
308.81 1.22
195.43 195.43
So long as we do not precipitate, cumulated In London several mil have modified his opinions even Tytam ly stabilise the pound at an unduly lion pounds, which she intended to during 1931 to
a certain degree. Tytam Intermediate.
Tytam Byowash high level, the prospects for Bri use as a backing for her new car. What he thought in 1930 ie nowytam Tuk tish trade in the East are exceeding renty. She obtained this amount revealed much more clearly than Wong Nel Chung ly bright.
by placing on deposit in London before through the publication of Pokfulam With tariffs so managed as not the large annual payments, averag- the evidence heard by the Macmil Aberdeen Upper to exclude the food and raw material ing nearly £1,500,000, which she re- lan Committee on Finance and 'In- which we need, and which are pro-elves from the Anglo-Peraian Oil dustry issued in two volumes of duced by our Dominions and depen- Company as her share of their pro- 50 large pages cach, and Fixed Deposits according to ardencies, while keeping out the manu fits. rangements.
factures of our rivals, such an ex- In a hight Persia has seen this pansion of trade should now open painfully-saved sum diminished by before us as we have not seen for over 20 per cent. through the fall of the most important for determina- Tytam Byewash
the pound. The blow to our re-tion of Bank rate. He conceded Tytam Intermediate In India, the advantages of our putation in Persia has been very that the nearer interests of indus- Tytam Tuk “going off gold," both to Great Bri-serious, and it is bound to have try were at most a secondary con- Weng Ne! Chung tain and India, should be enormous a bad effect on our, trade, already aideration, and was indeed at least Aberdeen Upper
Pokfulum and reciprocal With the recent sadly hampered by the Persian Gov-doubtful whether they ought nor Aberdeen Lower expansion of irrigation, India can ernment's import restrictions. mally to be a consideration at all.
Mr. Keynes, cross-questioning him, Total Irak and Gold.
got little sign of any attention Consumption of water in the City Irak was on the point of under being given to indices such as un- and Hill District in millions and de manganese, jute, and tea, and with taking a similar currency change, employment figures, which in the of November, 1931,
cimals of gallons during the month notes now view of one school should be quite a very large proportion of the The rupees and rupee
current theie hides, loather, and oil-aceda which
were to be
1930 as closely watched as gold move Consumption
1931 she requires.
and sterling called In
298.56 pur ments for the determination of the Estimated population 448,040 381,500 253.208 chased therewith AR Д beck-
currency programme. Mr. Nor Consumption
head per day... 22.0 30.9
A. BONNAUD,
Manager
5. Queen's Road Central, French Bank Building. Hong Kong, 1st November, 1981.
THE NATIONAL CITY BANK OF NEW YORK.
HEAD OFFICE: 55, Wall Street, NEW YORK.
Capital, Surplus and
Undivided Profita
Branches in:-
LONDON
Manger.
ARGENTINE BELGIUM BRAZIL CHILE CHINA
COLOMBIA CUBA DOMINICAN REPUBLIC INDIA JAPAN
AMERICAN EXPRESS COMPANY. ITALY
INC.
THE BANK OF CHINA.
行銀國中
Head Olice:-65, Broadway, New York.
Reorganised October 28, 1928, under
Capital
special charter of The National Gov-
ernment be an
Surplus
Reserves
INTERNATIONAL EXCHANGE
BANK.
Subscribed Capital
$25,000,000.00
Amsterdam Основ
Pald-Up Capital
$24,710,200.00
Aalwery Athens
Eeserve Funds,
3,820,503.82
HEAD OFFICE; Shanghal
HONG KONG BRANCH: Queen's Road Central
Owing to our numerous branches in China and large connections in the important commercial centres of the world, we are able to extend to our clients special facilities for domentic and foreign banking and exchanges.
We also handle the issue of Bonds
Berlia Biarritz Bombay
Dru Ekspos Aires
Catro
Calcutta
.U.S.$6,000,000 . U.9.$1,572,484 .U.S.$1,008,209
BRANCHES:-
Olegor Ilavans Hamburg
Harro Interlaken
Lala
Loudon Liverpool Luverne Lugano Cantas
Lair Colore bo
Marseille Constantinopla fonte Carlo
Copenhages Feinburgt
Ganav
Manila Munich Montroux
Milan
Nico
Napit
1 Pula
Teng I'vkling J'akerino Rotterdam
Latte
Stamboul Bungal Bouthampton Kiugupons St. Albrit Tleutelg
Vieope Veulon Yokohama Zurich
Branches of American Express Com- and other Publie Funds of the Chin-pany in Principal cities of United
ese Government both at home and States of America and Canada.
abroad.
SHOU J. CHEN.'
Manager.
Hong Kong, 5th March, 1981,
..U.S.$226,037,302
MEXICO
PANAMA PERU PHILIPPINE ISLANDS
PORTO RICO
STRAITS
|
now provide Great Britain in normal years with half the amount of wheat and flour, with all the rice.
India and the Boycott.
1,260.00 1,135.78
14.44
15.17 80.58' 37.32 128.04. 34.41
******* 1,752.79 1,845.85
per
41.80
million
gallons
Hitherto India has had to competeng to A new currency. Irak man's chief concern has been for Includes In the supply of these articles with has been saved from misfortune by the rehabilitation of Europe and from Mainland. other countries; but now the fact delay, and the best that she can now for the long and sure benefits which that she is linked with sterling will do is to stay for a time. on a rupee he anticipated for all the interests from Mainland
Includes 75.88 million gallona diminish that competition in so far basis and enjoy the fruits of the fall of Britain from a success in that throughout the City, Eat & He as the French, Dutch, Italian. of the pound and the linked rupee. aphere. So writes the Financial Lovel districts during the whole month Supply which encourage her exports of
dependencies are concerned, since of wheat, barley, hides and dates.
British exports to Irak of cotton
сад
remain
produce
to tied
gold
*"Advertising is an
'overhead,'
November, 1980. Constant
West of Eastern Street where con- atant street fountain supply
was
November, 1981. Constant Bupply throughout the City, Hill & High Level Districts during the whole
month.
་་་་་
they all SETTLEMENTS and
less cheap-goods, hardware and the like wi ADVERTISING IS AN 'OVERHEAD oparated from Novembar 8 to 30, 1930, URUGUAY VENEZUELA ly than India. The elimina- tably expand through the elimina-
tion of the competition ortion of the competition of the Gold Mr. Buchanan Taylor's Aphorisms Commercial and Travellers' Letters Java tea will be especially im Standard countries, Italy and Japan. of Credits, Travellers Cheques, Bills portant for her and for the Bri- They have recently carried all be- of Exchange and Cable Transfers bought and sold Current accounts tish companies owning Indian fore them in Irak. Her Govern- and must be considered seriously
ment may, however, suffer, to some as such. It is just as much an Kowloon Main and Savings Bank accounts opened plantations. and Fixed Deposits in local and In return the immense popola extent, because the large sterling overhead' as are the plant, ac- Kowloon Byewash
for- eign currencies
taken at rates that tion of India will now buy from annual payment made to her by the countancy department, and the may be ascertained on application to the Bank
Great Britain more cheaply than Irak Petroleum Company, under the electric light bill."
This definition was given by We are also able to offer our Cus-from America, Japan, Germany, recent agreement for the amend- tomers the services of the Branches France, Italy, and Belgium the cot-ment of their concession, has lost Mr. W. Buchanan Taylor, public- of the International Banking Cor-ton and cloth gonds, machinery, a quarter of its value in dollars, ty manager of Messrs. Lyons, in poration in San Francisco and Spain motor-cars, and hardware
ди address to the with liras or franca. For the purpose and also of The National City Bank;
and Nice.
Advertising
"Too many advertisers," he con-
of New York (France), S.A., in Paris which they (and especially Ameri- of internal expenditure this will Club of Birmingham.
ca, Germany, and Japan) have re. not affect Irak for so long as she F. McD. COURTNEY, cently flooded India to the detriment atays on a rupee basis; and it will tinued, "look upon advertising as
Manager of British trade.
a thing to blame if sales do not Hong Kong, June 16, 1931.
increase and a thing to forget to appreciate if sales improve.”
THE BANK OF TAIWAN, LTD.
(TAIWAN GINKO.)
HEAD OFFICE: Taipeh, Formosa. Incorporated by Special Imperial Charter, 1899.
of the
encourage her to make her Govern- The Indian political tendency to ment purchases in Great Britain. boycott British goods will hardly Fortunately for her, I insisted, stand against a 20 per cent. reduc when High Commissioner, that the tion in their price, while the greater royalty upon the all produced with- prosperity brought to India by the in her boundaries should be fixed decreased external value
in gold, as I foretold, to the scarcely rupee and the consequent rise concealed amusement of my advis in the demand of Gold Staners, that sterling would depreciate. dard countries for ber
Egypt and Palestine. pro- [ducts will furnish her
In Egypt and Palestine, the cur with the means of buying British goods rencies of both of which are linked and will put a stop to unrest..
with sterling, prospects for Bri- PUB OSA Olom
tish trade are equally good, owing to Kagi, Karenko, Elung.
China, Malay, and Ceylon. Hallo Minto, Bhinebike, Taishu, Tainan, Malaya and Ceylon are in much the handicap from which our Gold Takao, Tansul, Teen, Brits, Taito, CHINA, Hankow, Amoy, Fochow, the same position as India.
Standard competitors will suffer. OTHERS:—[co] Keng, Singapore Bourabaya, also have come off the Gold Stan Gemarang, Balati, Bomb, London, New dard with Great Britain and can York, Daire.
supply us at the same price as be- fore with all the rubber, tin, tes and spices that we need, taking in exchange our cotton goods and ma
Central Bank in Formosa Bank-Nodes Loound Average Roudau. 43,600,000 BRANCHES AND AGENCIES,
All classes of Commercial Banking JAPAN-Turks, Yokohama, Kobe, Jaak. Transactions undertaken.
Personal investment handled. Pa
THE YOKOHAMA SPECIE BANK, VA
LIMITED.
Established 1880.
Capital (tally paid-up) Yen 100,000,000 Reserve Fund
Yan 118,200,000 ,! སྱཱ ཎྜ « ༩ IGIN. ATRIO. Head Offer YOKOHAMA.
Branchen and Agencies ats,
Alexandria
Bateria)
Bombay
Nagasaki.
Nagoya Newchwang
New York Omka
Paris
Rangoon
Pelping
(Mükden)- Big de Janeire
San Francisco
Seattle
accounts
The Company offers to intending Travellers the man of its "Travellera Chequer and. Letters of Credit and In addition, the world-wide services of its thoroughly equipped Travel Department
THE
W. DUGGAN,
Manager.
Bestow"-Chaton,
LONDON DANKEES.
Barclays Bank Ltd Lloyds Bank, Lu Midland Bank, Li, Westminster Back, Lid.
The Dark Corpondents is all the principal chinery.
Cammial Centre, throughout the world.-
DATA NAQURS.
HONG KONG DRANCH:
B. Den Vongs Road Oates. Hong Kong, December: #1, 1087,
BANK OF EAST ASIA, LTD.
Established 1918.
HEAD OFFICE:
Des Voeux Road, Central,
HONG KONGLES
Capital and Surplis Total Resources
over H.S 8,000,000.00 over 11.638.
000.00
description of Banking and
ent and Pb
Acogunta in local and for ed for cllecta and Bafe Deposit Boxes,
ΡΟ
They
As for China, still on a silver standard, her imports from the Gold Standard countries, America. France, Germany, Italy and Japan. have latterly been nearly twice thore from Great Britain and British De- pendencies. In spite of her civil wars; her capacity for consumptior is very great, and she will now pro- bably take the bulk of her cotton goods from Great Britain in pre ference to those of Japan, which are not only handicapped by Japan's re maining on the Gold Standard but Are also subject to the boycott springing from the Manchurian em broglio
In return she will continue to 13,her
from table to home
from home to table
Other points of his speech
wero:-
Kowloon.
1930
0" 1"B
hek Lai, Pui
1981 -L. 28* 8"B
Reservoir
Shing Mua Recep
tion
0' 7"B. 1'5"B\
0'.7"B T 2"B Storage in millions and decimals
of gallons.
1980 1931
853.38
852.50
104.61
113.70.
110.85
31.81 15.75
Kowloon Main Kowloon Byewash.
hek Lai Pui Shing Man Recep
Reservoir
tion
Tota!
498.89
583.21 Consumption of water in Kowloon Some people advertise like
in millions and decimals of gallons women back horses with a pin. during the month of November, 1931. Advertisers should remember Consumption.. 1980: 1931
135.81 151.64 that advertising psychology is. Estimated population 177,880 293,050 like humour, largely geographi-Consumption per
head per day..........
25.3
17.2 Constant supply in all districts dur- he reports of the Government Bac-
November, 1980 and 1981.. teriologist and Analyst show that the quality of the water is satisfactory. Observatory from January 1, 1930, Total rainfall. recorded by Royal 05.20; January 1, 1981, 75.84.
cal.
Don't heed criticism of your advertisement if you know why Jou planned it..
Goods-consciousness IN the first and essential link in any campaign.
In the
New Grill & Ball Room
SERVICE
for Your Convenience
TELEPHONE CALLS received or made from your table in the NEW GRILL & BALL ROOM, and from any seat
on the FIRST FLOOR LOUNGE
an inward call inform who will acquaint the
of your tabl.UK
The
& Shanghal
expect
office Der:
NG HOTEL