2

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION.

Bushbed Capital

Tagad and Fully Paid-up

Movers Punda:-

Berlings

$50,000,000

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

Incorporated by Royal Charter, 1853,

HEAD OFFICE: LONDON.

20,000,000

------- 2 1.500,DIA

Pald-up Capital

Reserve Fund

*** $18,000,000

Smarve Lubility of Propristaca $90,000,000

HEAD OFFICE: TIONG KONG.

BOARD OF DIRECTORS:--

Bon. Mr. O. . B. sokli. Chairman.

Bon. Mr. J. Palaton. Deputy Chairman,

W. H. Doll, Esq.

A. H. Compton, Esq.

·G. Klin, Fay.

4. D. Penton, Eaj,

ΑΚΟΥ

DANGKOK

HATAVIA

BOMBAY

CALCUTTA

J. A. Plumper, Faq,

T. H. K. BAY, EN,

J. P. Warren, Esq.

Chlot Manager.

V. M. Gryluni, Pag.

DRANCHER :-

LANDON

MUKLER

LYONS

MALACCA

MANILA

MUAR (Johors!

CANTON

СЦЕРСО

NEW YORK

EBLOMIK

PRIPING

DAIREN

ECHOCIW

HAIPHONO

KAMBURG

BANKOW

FLATBIN

HONGREW

ILOILO

IPOR

JOJONE

KOBE

ROWLOON

RCALA LUMPUR

PINASO

RANGUIN

NAROIN

SAN FRASOIRCO

SHANGHAI

RINGAPORE

NOURA NYA

HUNGKI PATANI TINTAIN

TOKYO

TSINOLAO YOKOHAMA

Cerrous Accounts opened is Local Outranay and Fixed Depomis rescived the one graz de shortor periods in Lonal Currency and Berling esterma which will be quoted an sppication. Hong Kong, December 7, 1081.

HONG KONG SAVINGS BANK.

The Huencer of the shere Bank in conduskes by shạ HONG KONG AND SHANGHAI BANK- DING CORPORATION.” Rules may be obtained

application.

POR THE HONGKONG AND SHANGTIAL BANKIBO CORPORATION,

V. M. MIRAYDUAN,

Bong Kong, 19th July, 1980. *

Chic! Margot.

THE BANK OF CANTON, LTD.

Established 1912.

Head Office: Hong Kong. Author Capital (H.K. Guracey) .....$11,000,00 Puid-Up Capital ......

8,000,000 1,100,000

Beserve Yund...............

DRANCHER.-

Colon Shanghai, Rankow, Awatow. Daugkok, New York and Bad Praco

LONDON BANKERS:

The Lloyd's Bank, Elaited,

CORRESPONDENTA

An all principal cition of the World.

Ferg Exchange and banking bufnew of

every Shaription ratioled.

Bain Deposit Bocre (various mirce) at a barly

of tra $5 to $13

LOOK POONG SHAN.

Chief Manager.

THE BANK OF CHINA.

銀國中

Reorganised October 28, 1928, under

specin! charter of The National Gov-

ernment as an

INTERNATIONAL EXCHANGE

BANK,

Subscribed Capital

Paid-Up Capital

Reserve Funds

....$25,000,000.00

$24,710,200.00

$ 3,820,503.82

HEAD OFFICE: SHANGHAL

HONG KONG BRANCH:

4, Queen's Road Central

Reserve Liability of Pro-

prietors

THE CHINA

MAIL.

THE HO HONG BANK, LTD.

(Established 1917.)

HEAD OFFICE:—SINGAPORE. Hong Kong Branch: 13, Queen's Rd. C

Authorised Capital Straits $20,000.000 Issued Capital

Paid-up Capital

Reserve Liabilities

of Shareholders Surplus.............

او

8,000,000

4,000.001

4,000,000 2.087.000

Branches. Agencies and Correspon .£3,000,000 | denta lu` the principal cities of” thì .24,000,000 world.

Every description of Banking and .£3,000,000 | Exchange business transacted.

TAN ENG HOOL.

Agencies and Branches:

ALOR 67AR

AKIUTBAR

BANG MOX

BATAVIA BOMBAY CALCUTTA CANTON DAWNPORE CEAU

COLOMDO DAIREN DELI

HAIPHONG

HAMBURO BANKOW BLARIN

HONG KONG

HILD

Tron

KARACHI

KLASU

RODE

KUALA KANGƑAR

KUCNIKO

MADRAS MANILA

MEDAN

NEW YORK

PEPINO (Paking)

PENANG RANGDON HAMON

SEMARANG BEREM DAN

SHANGHAI

MINDPORY HITIAWAN SOURADAYA TAIPING

TIENTHIN TOKYO

Manager

BANQUE DE L'INDOCHINE.

HEAD OFFICE:.

96, Boulevard Havesmann, PARIS.

TONOKAU (Bbuket)

TSIXOTAQ

YOKOHAMA ZAYDOANDA

KUALA LUMPUR

Foreign Exchange and

General

Hanoi

Thanh Hoa

日pe

Nam-Dinh

Paom-Penh

Capital fully paid up .Frs. 120,000,000 Reserves (31.12.1930) Frs. 116,508,454 BRANCHES:

Indo-China. Chion. Saigon

Cantos Battambang

Bangkok Cartha Fort-Bayard Haiphong Hankeou Djibouti

Hongkong

Noumea Mongtze Peping Papeete

Shanghai

Tientsin

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, August 17, 1931,

NEDERLANDSCHE HANDEL- MAATSCHAPPIJ, N.V.

(NETHERLANDS TRADING BOCIETY)

DANKERS.

Established 1824.

Hong Kong Oes-11, Queen's Boat Central. Authorised Capitat Guliders 150,000,000. Paid-Up Capital Guilla 80,085,500. Iserve Pund. Quilders 40,018,000-

Head D-AMBTEDDAM”. Enavern and O-BATAVIA,

Branches Bandjarmasin, *Bando*. Bombay.

Calcutta Cherito Djember Djok jakarta The Hagu, Jiddah, Kobe, Kakusar, Kedso, l'alambang, Pak longso, Pasag, Rangoon Rotterdam", Semarang, Shanghai, Singapoes, Boers bala, Bossharts (Solo), Togai, Tatja and Writevendon

* Three afkoen laro Safe Deposit Boxsa to Let.

LONDON BANKERS :-

NATIONAL PODVINCIAL BANK LTD.

Quickon

Tourane Vinh

and

Commerce

Finance

FAIR PLAY FOR BRITISH TRADE

MEASURE FOR MEASURE UNDER NEW COMMERCIAL TREATIES.

By J. B. Firth in the Daily Telegraph.

It would almost seem from the Britain will also have to buy first foreign commenta on the anti-tish goods.

WEDNESDAY, JANUARY 13, 1932.

polley of this country is decided H

upon.

It is easy to foresce à stiff pro- tracted controversy. The French) are keen negotiators where their financial interests are directly con- cerned, and French industrialists already scent danger. It will be like upsetting a hive..

BROADCASTING COMMITTEE.

Report for December

1931.

HOURS OF TRANSMISSION.

Actual hours of transmission

My idea of reciprocal Fair Trade with a country like France la Fifty- Fifty, and it ought not to be un- attainable. This would entail very totalled 276.75 of which 164.25 largo readjustments, which the were devoted to European pre- French will declare to be quite out grammes and 112.50 to Chinese of the question until they are met Programmes, as follows:-

by the blunt declaration that the only alternative will be to bar the Morning Transmis Bri-chief articles of Franch import to

Great Britain-brandies, wines, under luxury foods, silks, and what used

sions including Commercial News a.nd Relays...

European Chinese

Church

Trans-

missions

110%

1644

781%

1124

Monthly Percentagea 69.35 40.65

*

the British

dumping orders issued by the Board Protectionist countries of Trade that there is a radical stand very well what they mean by to be called "articles de Paris." Evening misconception abroad as to the real a square deal when they are deal. The mere threat to close the Bri- mind and firm intent of the British ing with one another. They now tish market to these goods should nation.

have to admit Great Britain to the induce a more reasonable spirit of It is not yet realised how deci-general company. Why? Because negotiation, sively Great Britain has turned her when she has her general tariff)

Costly Luxuries. back upon the old fiscal system with next year she will be in a position

During the month the Europeza The deprivation to Other Places. an irrevocable "Good-bye to

all to insist. She is no humble suitor consumer might be serious in some tended on several occasions for hours of transmission were ex- that!"

for admittance to the League of cases, but mortal in none. There She will take her place not are alternatives however inade- It sulted our trade rivals to per- Trade.

relays of the Philharmonie Society fection that Great Britain should in the Assembly, but in the Council.

Performance and Dance quate--even to French champagnes,

Fro- cling so tenaciously to free imports. Consider, for example, the exist and many find it possible to do rammes over the Christmas Holt- They resent the change, not only as ing trade relationship between

without an injury to themselves, which it Great Britain and her nearest modistes of Mayfair might be may well be, but as an injustice, neighbour, France.

dissolved in tears at the loss of items were broadcast:~

During the month the following which it most certainly is not.

France's Free Imports. their costly models, but still the Dance Programmes When a good-tempered, easy-go- Free Traders always used to say women of Great Britain would Ranning Commentaries ing, and free-spending companion that these two countries were made contrive to dress, and possibly at European Studio Concerts who has been a steady source of to exhibit the perfect illustration a lower outlay. income and profit to the friends for of the working of a free exchange reduced to tinned green peas at Chinese Studio Concerts

Apicius might be European Relays whom he has kept open house sud- of commoditics. An eminent Vic-Christmas and still survive. This European Lectures

Chinese Relays country does not import the necas Chinese Lectures

Pondicheri Yunnanfou Singapore

Every description of Banking and Exchange Business transacted.

them.

days.

The fashionable

*

*

Interest alipwed on Current Accounts and Fixed Deposits according to ardenty discovers that he is on the torian economist put it thus: rangements.

high road to bankruptcy, and that "In the physical diversities which aries of life from France, and that European Children's Programmes he must radically transform his Nature has established between the will be a great bargaining asset in Chinese Children's Programmes scheme of life, the more selfish of soil, climate and characteristics of the hands of the British negotia- A. BONNAUD, his associates are apt to take it as France and Britain we should rend

Manager.a personal grievance.

the designs of a generous Provide The French

Safe Deposit Boxes to let Travellers' cheques issued.

5, Queen's Road Central, French Bank Building, Hong Kong, 1st November, 1831.

THE NATIONAL CITY BANK

OF NEW YORK..

HEAD OFFICE: 55, Wall Street, NEW YORK.

www.

Capital, Surplus and

Undivided Profts..U.S.$226,037,892|

Branches in:-

ARGENTINE BELGIUM

Correspondauls all over the world. Baking Bul. BRAZIL nes of every description transacted.

CHILE

CHINA

A. STOKKINE,

Manager.

Itong Kong, les December, 1931.

COLOMBIA CUBA DOMINICAN REPUBLIC

THE

LONDON

MEXICO PANAMA PERU PHILIPPINE ISLANDS

PORTO RICO STRAITS

torg.

** * *

That is the idea which needs to ence that we should become mutual- dinarily self-sufficient people, and

are an extraor-cember, 1931 were 46.

be knocked on the head without de- ly helpful in providing for lay. The British Government should necessities and comforts."

New Licences lesued during De

Total number of Licences Issu our their robust patriotism dictatea aed during 1981 were 1,788.

strong preference for their native But since trade, after all,

(Chiness).. a barter of goods-

from

inform all and sundry that they I fear that Providence must be goods. are no longer trading on the old deeply grieved at the human per- is in essence

Relays Daring December, 1931. one-side basis, and that their motto versity which thwarts her grand it is opportune to remind them

1st-Ko Shing Theatre-8 hours now rube, "Damus Petimusque design. For there was perversity that while we shall gladly continue Hotel of H.E. the Governor's and Bir Vicissim." Reciprocity to wit, at work seventy years ago, when to buy from them, it will only be on Robert Ho Tung's Speeches on the

2nd-Relay

the Peninsula Open port for open port. The door those words were written, to re- condition that they buy from us. ajar for a half-shut gate. Pad, strict the import and export trade

occasion of the latter's Golden Wed. So I say again, "Let it be Fifty-ding Anniversary Reception-hour lock-if need befor padlock. of Great Britain with France to a Fifty.".

Free Trade Fallacy.

That will satisfy Fair (European). beggarly £20,000,000, and there is Play, and the Balance of Trade, 5th-Running Commentary from the Let Mr. Runciman get the pro human perversity at work to-day in and

F.C. ground that

on the match verb, "Fair play is a jewel," trans- the wholly unnatural balance of the Victorian Providence

hurt but forgiving between the Kowloon Football Club lated into the appropriated idiom rauch larger volume to which the have grieved too long.

which we and the Argyll & Sutherland High-

landers-1 hours (European). of all foreign languages and send trade between the two countries has, it round with the compliment of the grown. Doard of Trade.

Importa

Exports

from France to France

£40,810,000 £ 26,933,000

MUSIC.

One short table of statistics is, INNERMA Moreover, the Foreign Office fear, necessary; might also notify all interested; parties that Great Britain now! formally abjures and rejects and halds in abhorrence the fallacy to which she once pinned her faith- Commercial and Travellers' Letters though latterly only believing quia of Credits, Travellers' Cheques, Bis

INDIA

AMERICAN EXPRESS COMPANY. ITALY

INC.

Head Oflice-65, Broadway, New York.

Capital

Surplus

Reserves

.U.S.$8,000,000 .U.S.$1,572,454 .U.S.$1,008,203

BRANCHES:--

Aunt

Autwory

Athena Beal Belin

Elurrie

Bombay

Brotsen

Brussels

Glasgow Lavano llabor Fivro Jusartaken Jaruacion Lido Sonion

Buenos Aires Cairo Caloulte Cannes Colomba

Liverpool

Saples Piraeus Part

Foking Paro Rotterdam Lama Blambout

Liderue JASADO

Zuxor *

Bingapore

Bt. Aloritz

Tientalz

Ylaons

Vouloo

Yokohang Barich

Marsalis Coustenople Monte Carlo

Caponka goa Edinburgh Plomber Geneva

Manila Murich Retrou Wa

Rhanghal

Southampton

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 ellents special facilities for domestic and foreign banking and exchanges.

We also handle the issue of Bonds Branches of American Express Com- and other Public Funds of the Chin- ese Government both at home and pany In Principal cities of United abroad.

SHOU J. CHEN,

Manager.

Hong Kong, 5th March, 1981,

THE YOKOHAMA SPECIE BANK, LIMITED.

Betabllied 188.

Capital (fully paid-up) Yen 100,000,000 Beserve Fund

You 110,200,000

Head Office) YOKOHAMA:

Branches and Agencies at: Hixandria

Nagasakl

Newchwang

New York

Paris

Rangion

· Rio de Janeiro'

San Francisco'

Bqarabaya

States of America and Canada.

Personal Investment accounta handled.

JAPAN

SETTLEMENTS URUGUAY VENEZUELA

of Exchange and Cable Transfers impossible-that other countries, an bought and sold,

66,267,000 185,030,000 47,231,000

42,745,000 48,598,000

*1913

1920

1021

44,259,000

1922

1923

52,307,000 49,258,000

1924

and

Current accounts soon as their eyes are open will fol- Savings Bank accounts opened low a Free Trade lead. and Fixed Deposits in local and for cign

taken at rates that currencies may be ascertained on application to recommending Mr. Cobden's French Treaty to the acceptance of the House of Commons, he used these; words:

58,994,000

41,724,000

1925

59,289,000

81,026,000

1926

65,182,000

20,384,000

When Mr. Gladstone, in 1800, was

1027

59,312,000

23,038,000

1088

25,166 000

18,560,000

1920

31,603,000

1930

29,692,000

14,532,000

1981 ...

For nine months

30,177,000

16,080,000

the Bank.

We are also able to offer our Cus- tomers the services of the Braehen of the International Banking Cor- poration in San Francisco and Spain and also of The National City Bank) of New York (Franco), S.A., in Paris and Nice.

F. McD. COURTNEY,

Manager.

Hong Kong, June 16, 1031.

GRIEG'S LYRICS.

17.612,000 BEETHOVEN SONATAS.

"Nothing will be able to with- stand the moral contagion of the example of England and France The year 1920, like 1919, was! acting together on the principles quite abnormal, for France was of Free Trade. It will extend far buying heavily to repair her de- beyond the limits of the two, vastated provinces. The years

countries,"

1924-7 show the effect of the de- So grandly unquestioning a falth preciated frane upon our imports as his ought to have moved moun- from France, and the fall in our ex- THE BANK OF TAIWAN, LTD. tains. Instead, the mountains have ports for 1926 was largely due to the

(TAIWAN GINKO.)

grown bigher. They may be moun- long coal stoppage. Normality be tains of prejudice, Parmosa.obacurantism, or what you will. But quent heavy relative decline in our selfishness, gan again in 1928, and the subse

they are stil mountains, and they exports has been due mainly to are still there.

[direct tariff

action taken in one Buying From Us.

ahape or another by the French .Practically it comes to this, I Government think, that the nations which desire Expostulation has been useless.

HEAD OFFICE: Talpeh,

Incorporated by Special Imperial Charter, 1899,

Central Bank in Formosa.

Bank Notes round Average amount...Yen, 45,000,000 BRANCHES AND AGENCIES JAPAN-Toyku, Yolkama, Kobe, Oaks,

+

(Ricordi Edit.)

MOZART SONATAS

(Ricordi Edit.)

JEAN MARAT GRADED PIECES.

DILLER QUAIL

THE Joseph's Church Morning

hour (European); St. Paul's Church Morning Service-1 hour (Chinese).

8th-Ko Shing Theatre-8 hours (Chinese).

10th-Relay

from

the

King's

Theatre of "The Smiling Lieutenant"

-1

hours (European). 18th-Union Church Morning Ber- vice hour (European): Organ He cital from the Union Church by Mr. G. E. Longyear

bour

(European). 15th-Rotary Club Speech by Mr.

ong-yap on "The Ch of Huwall"

hour

W

Shing Theatre--3%ropean);

(Chinese). 17th-Relay from the Theatre Royal tho 1st Act of "Miss Hook of Hol land"-1 hours (European),

18th-Relay from the Theatre Royal of the 2nd Act of "Miss Hook of Holland"1 hours (European)..

20th-St. Joseph's Church Morning Service 1 hour (European).

22nd-Ko Shing Theatro 8% hourN (Chinese)

the

23rd-Running Commentary from City Hall on the Boxing Match between Signal Man Morris (H.M.S. Suffolk) and A.B. Warnes

(H.M.S.

Herman)-1 hour (European),

25th-St. John's Cathedral Morning Service--1 hours

27th-St. John's

uropean). thedral Morning Service Hours (European); Rally

of

The Messiah Service from the Union Church--14 hours (European).

20th-Rotary Club Speech by the Rev. Mr. G. T. Waldegrave on "Scout-

TEACHING SERIES.ng Hong Kong hour. (Exo-

pean); Ko Shing Theatre 3 hours (Chinese).

Studio Transmissions During December, 1931. 2nd-Chinese Children's Programme London Letters hour (European),

3rd-European Children's Pro-

CHIWA banghal. Hanko, Foodbow, cal trade arrangements and agree requesting a 25 per cent reduction HARPSICHORD MUSIC. tour (Chinese) Board of Trade

All classes of Commercial Banking Forosa:-Oirao. Kay

to trade with Great Britain will Lost February the British Govern- Transactions undertaken.

Xarenko, Emai Makong, Hao, Binbiku, Taiche, Tainan have to make the necessary recipro- ment addressed a Note to France Takao, Tamaul, Talib. Batow, Canted. OTHERS-Hoc Kong.

inents de novo. It is not a question in certain duties. Singapore, Sosendaya,

The answer was Semarang Batavia, Bombay, Loudon, Now 01 adjustments of existing duties in the negative, and the general Tork, Dairen.

hore and there. This change is French comment was that Great radical for us, and therefore for all Britain had forgotten to mention other countries which desire to end what concessions she offered in The Best bas Gorgende is all the principal sziah to sell their goods in Great but sold?

ter the British market. Those who return, Favours were not given,

The Company offers to intending Travellers the use of its Travellers Cheques", and Letters of Credit and in addition, the world-wide services 'of

It's thoroughly equipped Travel Department.

W. DUGGAN,

Manager,

THE

BANK OF

LONDON BANKERU: Barclays Bank, 144, Lloyde, Bank, Ltd., Midland Bank, Lid, Wasiminster. Bank, Ltd,

Commercial Centre Lusoghout the world.

· X, NAGURA, :···

**** Mounger.

HONG KONG BEANCHET

; Des Your Road Central Hong Kong December 2, 1925,

EAST ASIA, LTD.

Established" 1918. ⠀⠀

HEAD OFFICE:

Des Voeux Boud Central

TONG TONG

Capital and Surplus

Total Besources

Every description of Banking and

transacted,

I do not blame the French. They

EARLY ENGLISH

(Revived by Alec Rowley)

Obtainable at

gramme 4 hour (European); Chin- ese, Concert 24 hours (Chinese).

Sth Chinese

-hour for Childrent

30th-Chinete: Guscort-

Frogramme

hours

MePaul Hodgson

THE MERCANTILE BANK OF for cold steely disregard for

There gitemus only what we “asked * SANGE-FOOKEPIAN,e by Mr

INDIA, LTD.

HEAD OFFICE

1, Coach Blewet, London, 1.0.R

4.£3,000,000 Authorised Capital Subscribed Capital 1,800,000 Paid-up Capital 1,050,000 Reserve Fund and Rest 1,866,845 BANKERS 2 The Bank of England äijälkid Bank, Rid NARUBRANCHES,

Ipali

Kaw Tork

any trade interests but their own sad: they have alowed ds by their DWA successful.protests against cur tain injurious changes in the U.S., Indian, and Canadian Tariffs that a fenced vineyard is a better protes tion against intruders than an un- fenced one.

Great Britain is by far the most valuable, foreign customer of „France. when the French car

she had imposed

with the

British

Bangko Batavia Dom

Handy

Colorado

0:00

Port Loula

Rangoon Shanghal

Zency

HOGE Kong

Bingapor

French

Bouracnys

Freni

ould.

ied...

anklagrand:Exchases"buil

marlar.

Current and Fixed Deposit Accounts in local, and for

currencies opened for clients, y

Savings Account and Bale Deposit Boxes.

Brancher and Agencies, all over the world.

KAN TONG

this coun

COMPANY.

Ice House Street.

Telephone 24848.

AMERICAN CHEMICAL

DIAMONDSKA

Equal: to real diamonida Fin brilliancy of lustre Outs

dis

Years Motoring in the minutes (Baropean), *1.

·Children's Programme

16th-Chinese

-hour (Chinese);

cert 15 hours pean. Con-

17th-Chinese (hours

our (Chinese). Contest-2 18th Board of Trada London Let- ters hour (Europa). 28d-Ohiome Children's

Programme

hour (Chinese) 24th- Chinare (Chine

Concer

hours

Pro A Talk

29th Europeah Children's P

-1⁄2 hour (Europ

gram

on "The OutbreakƐ of... Dr. D.

htherin? "by Valentine hour: (Euro-

Children's Programme

(Chliess)

Concert

Hours.

the

the poal

tion

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