BANKS
SONG KONG AND SHANGHAI BANKING CORPORATION.
Arlon Cayliai
Feed and Fully Paid up mamma Kaserte Punde!--
wing Kiyo
an.be.co
1,500,000 $10,000.00
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA
Incorporated by Royal Charter, 1853
HEAD OFFICE: LONDON..
Paid-up Capital
Reserve Fund
Reserve Liability of Pro-
prietors
THE CHINA
MAIL.
THE HO. HONG BANK, LTD.
(Ratabilahad. 1917.)
HEAD OFFICE:—SINGAPORE. Hana Seat Branch: II. Qua Bà B Authorised Capital Straits 120,000,000
Ianed Capital" Paid-up Capital
Resarro
Liabilities
of Shareholders Surplus
8,000,000 4,000,000
4,000,000
2,687,000
Branches, Agencias and Correspon ,£3,000,000 denta in the principal cities of the .£3,000,000 world.
Evary description of Banking and ,£3,000,000 | Exchange business transacted.
TAN ENG HOOL,
Agencies and Branches:
ALOR BIAR
AMEITBAN
KUCHING
MADRAS
MANILA
MEDAN
CALCUTTA
NEW YORK
DANTON
The Linbuilty of Propriators - 820,196,600
LED OFFICE. HONG JOO
2) OF DIRSOTUBE))—
Mou, Mr. F. J. Paterson
Chai/10
Depasy Chairma
M. T.Jolinkon. K-g.
A. Bummer. Beg
T. II. R. Shaw, Esq.
3. P. Warna, Bug.
V. M. Gengbarn, Meg.
Dal Moonger,
BRIVORES-
LONDON
S.YONG
BANGKOK BATAVIA BOMBAY
. Kr. W. H. Bell,
J.
་
T. Cesplan, Key.
0. Minkin, Esq.
MALACCA
CAWNPORZ ORDU COLOMBO
HAIPHONG HAMBUNG
DELI
HANHOS
HARBIN
PEPING (Peking;
PENANG
Manager
THE NATIONAL CITY BANK OF NEW YORK.
HEAD OFFICE: 55, Wall Street. NEW YORK.
Capital, Surplus and
Undivided Profits U.S.$228,347,486.11
Branches In:-
BANDOOY
BAIGON
SEMARANG
BERENBAN
BILANGHAT
MXGPORE
SITIAWAN
TONG ROYO
SURIRABAYA
ILOILO
TAIPING
TIENTSIN
TONGKAI bakeri
ARGENTINE
LONDON
TSINOTAÐ
YOKOHAMA
¡BELGIUM.
MEXICO
¡BRAZIL
PANAMA
CHILE
PERU
General
CHINA
ICOLOMBIA
CUBA
DOMINICAN
REPUBLIC
KARACHI
KLAND
"ANDI
BARGION BATAVIA LONDAY
JALOUTTA
OLOMBO
OOOOW
MANILA
MUAR Jekort
MUKDEN
NEW YORK
PEIFING
PENANG
SAIGON
SAN PRANO1900
{POR
CANTON
0800
DAIREH
MATHONG
HAMBURG
BANKOW
НАВНІХ
BONGNEW
ILOILO
JOHORI
KOWLOON
KUALA LUMPOR
BANGOON
BUANGHAI
RINGAT BE
AUNGEI PATANI
TIENTRIN
BOURADTA
TOKTO
TSINGTAO
YOKOHAMA
Current opened i Loval Currnsey and red Bappefte received for one your or scher periode in Local Ourranny and Berling on area which will be quntad en argDostban.
Hong Kong, 5th. April, 1932.
HONG KONG SAVINGS BANK.
The Harinas of the show Bank is condue
by the EONG KONG AND SHANGHAI HANK Eules may be sbimloed A CORPORATION.
appication.
FOR THE HONGKONG AND BRANOM BANKING CORPORATION.
V. M. ORAYBURN,
Chist Manager
Hong Kong, 17 February, 1933.
THE BANK OF CANTON. LTD.
Established 1912.
Kead Office: Hong Kong.
horn Capital (B.E. Currenny) ...$11,000,000
Fold- Capital
Masters Fund -
BRANQUES :-
1,864,500 1,120,000
Canton, Bhanghai. Bughow, watow, Bangkok, How Fork and San Pedro.
LONDON BANKERS -
The Lloyd's Bank, Ilmited. DORRESPONDENTS
En all principal cities of the World,
Freign Exchange and banking buna ¢Í
wy description transacted.
Deposit Boxes (vericua alvas) ni a portz
vival at trom 65 to 840,
LOOK POONG SHAN,
Chlef Manager.
RODE
KUALA KASOSAR ZAMBOANGA
KOALA LUMPUR
Foreign Exchange and Banking business transacted.
Current Accounts spened and Fix.
ed Deposits received for one your or shorter periods at rates which will be' quoted on application.
J. STUART
Manager.
Hong Kong, 11th April, 1932.
NEDERLANDSCHE HANDEL- MAATSCHAPPIJ, N.V.
(ZKEHERLANDS TRADINA BOCIETY DANKERS.
Ketablished 1824. -
Long Rose fra;-11, Qunen's Bond Chatral.
Authorised Capital Quillere 150,000,000. Paid-lip Capital
Gallders 80,000,000. Bear Pad
Oulders (0,015,000.
Bead Omer- ANSTERDAM".
Ear Hand OBem :-BATAVIA,
Branche:Handjarmaslo, Balong. Bombay,
Calcutta Cheribon. Djember,
PHILIPPINE ISLANDS
PORTO RICO STRAITS
URUGUAY VENEZUELA
and
Commerce
Finance
Chamber Of Commerce Annual Meeting
Chairman Predicts Brighter Future
COLONY'S TRADE
REVIEWED
FRIDAY, MAY 6, 1932.
requice farther detailed reference "I have much pleasure in second- on this occasion."
ing the adoption of the Report and. "Messrs. W. Brackenridge, L. J. Accounts as presented." Davies and E. S. Morrison-all On the proposal of Mr. F. C. ^ gentlemen possessing the necessary Bellamy seconded by Mr. V. M. knowledge and experience-have Graybarn, the following were elect- kindly consented to form aed to the General Committee for Special Committee. We wish them the ensuing year: The Hon. Mr. every success in their difficult task W. H. Bell. The Hon. Mr. J. J. of reconciling divergent views." Paterson, Mr. P. S. Cassidy, Mr. The Chairman then briefly dealt V. M. Grayburn, Mr. M. T. John- with the activities of the Langu- son, Mr. C. C. Knight, Mr. Paul age School during 1931, stating that Lauder, Mr. J. A. Plummer, Mr. The number on the roll was 81, A. L. Shields, Mr. M. St. J. Walsh which was fairly satisfactory, al- and Mrs. J. P. Warren. though a smaller number than in Messrs. Percy Smith, Seth and the previous year.
Fleming were appointed Auditors "The Chamber" the Chairman for the ensuing year. on the pro- said, "continues to subscribe posal of the Chairman, seconded by to Reuters service of commercial Mr. J. Ormiston. telegrams on behalf of nearly thirty On the proposal of the Chairman, members, amongst whom the cost seconded by Mr. T. A. Mitchell, The charge per the election of the following mem- is distributed. subscriber is reasonable and a re-bers by Hie General Committee duction could be made If additional since the last, Annual Meeting was were enrolled. The confirmed:-Messrs.. Arnhold and to supply Co., Ltd., Brandt and Co.. H. Con-
An optimistic outlook for the future of Hong Secretary will be glad
subscribers Kong's economic position was voiced by the Hon. particulars to members who are nell and Co. and M. Feld and Co. Mr. W. H. Bell, from the Chair, at the annual meet-interested." ing of the Hong Kong General Chamber of Com-
Accounts.
Ltd.
merce yesterday, when a large number of members "As regards the accounts of the
Chamber for the past year, It will SILVER'S FRACTIONAL were present. All branches of trade were review-be noted that income from the two SETTLEMENTS ed by the Chairman in his speech, and he discussed principal sources of revenue-i
| membership' subscriptions and rice the prospects of an early trade revival,
survey certificate fees--is ap- A meeting of the General Committee took proximately the sanie as in the pre-
INDIA ITALY JAPAN
Commercial and Travellers' Letters
of Exchange and Cable Transfors
ed
GAIN.
Dollar Unchanged.
of Credits, Travellers Cheques, Bills place after the annual meeting, and Mr. J. A, vious year, Expenses were in- The Hong Kong dollar remain- bought and sold. Current accounts Plummer was elected as Chairman of the Chamber curred during the year in connec
unchanged yesterday. The tion with the removal of the business rate was about 18. 3d. and Savings Bank accounts opened for the ensuing year, Mr. C. C. Knight being elect- offices of the Chamber
from the London reported silver eign currencies taken at rates that ed as Vice-Chairman.
first to the second floor of Charter 1/16th spot and forward, India
and Fixed Deposits in local and for-
may be ascertained on application to the Bank.
We are also able to offer our Cus tomers the services of the Branches of the International Banking Cor- poration in Spain and also of The National City Bank of New York; (France), S.A., in Paris and Nice.
R. M. MCLAY,
Hong Kong, March 1, 1012..
a
1932.
up
ed Bank Building, part of the cost being a small buyer, with China af which falls in 1981 and part. in operating both ways After expressing regret at the. "As regards the future," he said
on a quiet death of Sir Newton Stabb and "Hong Kong is equally dependent the staff extended over the whole the market ruled steady,
Exchange compensation to market. After the official fixing. Messrs. S. A. Arthur and M. with the rest of the world on
the Chairman said: "A prompt adjustment of War Debts, during the previous years, and York, where the market
year, as compared with six months Manuk;
Silver had risenth in New year ago world-wide trade depres to watch I have alluded earlier in sion was the tople of most speeches my speech, and must feel the re-,
secretarial expenses are corresported steady. Manager. from the chair at annual meetings sults, whether for good or ill, of cipated by the Chairman at the
pondingly heavier."
London Silver Prices. of Chambers of Commerce and the Economic Conference to.
London, Yesterday. Banks, and, as you know, the down-held at Lausanne before very long eral reserve has had to be drawn to-day were:
be Annual Meeting last year, the gen- Closing silver prices in London ward movement has continued with- In the meantime caution combined apon to meet this additional ex-
May 4. May 5.
As was anti-i
karte The Hague Jilde, Bobe, THE BANK OF TAIWAN, LTD. out interruption, culminating in with the strictest economy should penditure. Unless the dollar ap
Stakuar, ndan, Palembang. Fot longan, Tenang, Bangoon. Botterdam", Barang, Shanghai, Sisrapure. Soem bai, Soarakaria (Bolo). Tegal, Tikatjop and Walter
• These affres have Sale Depodil Botan to Lak
LONDON BANKERS: —
(TAIWAN GINKO.)
HEAD OFFICE:-Talpeh, Formoja.
Incorporated by Special Imperial Charter, 1899.
NATIONAL PROVINCIAL, BANK LTD.
Central Bank in Fortions. Compondrite all over the world. Banking Dual- | Bank-Notes innsed Average amount...Yen. 45,001,800 zura of avery ddwcription transacted,
A. STOKKINK.
Bong Kong. Int -Deurber, 1961,
THE
Maongwr
AMERICAN EXPRESS COMPANY. INC.
BRANCHES AND AGENCIES;
York, Dairon.
LONDON DANKERS; Barolays Bank, Lid, Lloyds Bank, Ltd., Midland Bank, Ltd, Westminster Bank, Ltd.
Commercial Contra thenughout the world.
a
of
"There
are a number of sub-
was re
16.11/16 16.13/16
WATER RETURN.
All Reservoirs Below Overflow.
as underd
1931
1932 26′11′′B 37′ 7′′B 25 1B 25' 9"B
state financial depression be exercised by all, including the preciates to something like its
Spot........
16% and chaos which is
Forward... 1634 almost Government." unprecedented. · The piling up Work of considerable importance this reserve now standing at London on New York cross rate former value, it is possible that At two o'clock this afternoon the in one or two creditor countries of to shipping in the Far East" he $78,000 will have vast hoards of gold, by refusal to said, "has been preomplished in con- drawn upon."
to be further was quoted £1-G83.67%-Reuter.. accept payment in goods, haul nection with the Simla Conference.j gravely disorganised interna- The problem was the modification' tional trade. One of the re-of Board of Trade Rules stantial firms in the Colony who are sults has been that Great Britain to suit local requirements. Early not members of the Chamber. We | JAPAN :—Toyko, Yokohama, Kobe,· Ovaks. has been forced off the Gold Stan in 1931 the Committee sat in al. should welcome their support as an
PORKOSA:dira, Engi Karsoky, ・ Keshzog.
Makang, Nauta, Shirobliku, Taibu, Tainan, dard, and this has been followed most daily conference for five aid towards balancing the budget. Takao, Tamaal, Teen, Hello, Tallo. CHINA-Shaoghal, Baskow, Amay. Pourlow, by many other countries going off hours a day with two representa, and more particularly, for the rea-
watow, Canton. OTHERS-Ho Kong.
the Gold Standard voluntarily.tives of the Government Marine son that a Chamber of Commerce, Bingapore, Bourabaya, Semarang, Batavia, Bembar, London, Conditions are still too obscure for Surveyors (Mr. Lambert and Mr.to be truly representative. should The level and storage of water in me to feel justified in risking any Swan), of whose helpful collabora- include all the principal firms in the reservoirs on April 1, 1932, were prophecy as regards the futura, tion, acknowledgment is certainly its area.". it is obvious, however, that the bur- due,"
City and Hill District. In seconding the adoption of the The Bank has Cortsspaudante in sit the principal European War has become intoler- work, and of further conferences Miskin said:-"In reviewing the Tytam Intermediata 36' 0"B 37 37
den of debts arising out of the "As a result of this preliminary Report and Account, Mr. G. Tytam
Tytam Byewash K. NAGURA.
able and must be adjusted speedily held in Singapore, the Official and past Slangor.
commercial year, the ytam Tak if revolution and consequent ruin Unofficial members of the Hong Chairman
..... 42'10" 89'11"B has just referred
Wo ang Nei Chung. 2610B 1 is to be avoided." It has still to Kong Delegation to the Simis Con- to the Colony's comparative Im-Pokfulum
22' 7"B 24' 3". be seen how long it will be before ference went there as a united body." munity
the from
"economie Abordeen Upper ...
41'11"B stern necessity compels the national Further, they had a close under- blizzard” which still blows in other Aberdeen Lower ... to face their difficulties in a spirit standing with the Straits Settle parts of the world.
Note: B. donotes "Betow Over He attributes ow"; A. denotes "Above OverBow": of co-operation."
ments and F.M.S. delegates, as, this comparative immunity to Hong L. denotes "Level with Overflow."] World Trade Depression. well as with the representatives Kong's geographical and political Storage in milliogs and decimala "Hong Kong people," he said, of the Netherlands East Indies, situation. There le, I
of gallons. of Postage Stamps "were too far removed
1931 from the The advantage of this was that the a third factor, which
has Tytam mounted in books.
198.20 Each collec- great centres of government to be Far Eastern point of view
was played possibly an even more Tytam Byewash
.69 tion contains stamps all different, able to wield much, if any, influence more effectively presented.
pro-Tytam Intermediate without duplicate.
towards the settlement of these though we did not get all we want-tection. Owing to the silver back-Tytam Tuk urgent International problems, ed, we helped to see that the Rules ing to our currency, and the fact Wong Nel Chung
Pokfalum though their Committee supported set a fair and reasonable standard that silver has fluctuated more or Aberdeen Upper the British Chamber of Commerce for the deck passenger or pilgrim'less to the same extent as other Abordeen Lower in Shanghai in requesting the China trades with which the Conference commodities in terms of gold, we Association to make representations was specially concerned." to the British Government in favour
THE BANK OF CHINA.
行銀國中
Head Office:-65, Broadway, New York.
Beorganised October 26, 1928, under
Capital
HONG KONG BILANCH:
4. Da Vaux Road Central Hlor Hoog, Desember 31, 1981,
pecial charter of The National Gov- artement as an
Surplus
INTERNATIONAL EXCHANGE
BANK.
Subscribed Capital ....$25,000,000.00
Paid-Up Capital
Reserve Funds
BRAD OFFICE: SHANGILAL
HONG KONG BRANCH:
4, Queen's Road Central.
Reserves
Cannes
U.S.$6,000,000 ........U.3.$1,572,454 .U.S.$1,908,209
DRANCHES:---
Lugand
Luzon
Marvelile
Constantinople Monia Carin
FOR SALE
Collections
$24,710,200.00
.$ 8,820,503.82
Amsterdam Antwerp Avlede
Baala
Berlin
Blacrile
Bomba?
Brandon
Brussel.
Buenos Air
Oziro
Oc Glasgow HAYARA Bamburg Harce Enteriakon Jarumiem Lido London Liverpool Lucerne
Nice
Naples
Pirami
Park Paraks Faking Palerm Rolleriko Rome Stamboul
500 Stamps
Shanghal
Calcutta
Southampton
Singapor
1,000 1,500
·
$ 4.-** $ 8,- .$ 18.----
Colabo
B. Morita
Zentais
2,000
14
..$ 30,-
Copenhagen Manila
Vienne
2,500
.840-
Koloburgo Munich
Yello
$$stres
Hutan
Tokohama Encicl
3,000
.$.50.-
3,500
..$ 60.-
and foreign banking and exchanges.
Branches of American Express Con-
4,000
.$ 75,-
5,000
14
$100.
6,000 10,000
:
SHOU J. CHEN,
Manager.
All classes of Commercial Banking, Transactions undertaken.
GRACA & CO.,
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
Florabe (дета
We also handle the issue of Bonds pany in Principal cities of United and other Public Funds of the Chin- Je Government both at home and States of America and Canada.
broad.
Bong Kong, 5th March, 1981.
THE YOKOHAMA SPECIE- BANK, LIMITED.
Established 1880,
Capital (fully paid-up) Tea 100,000,000 Resérve Fund......... Yen 117,800,000
Head Office~~~YOKOHAMA.
"
Branches and Agencies at: Alexandria
Batavia
Berlin
Bombay Calcatta Canton
Changchun
Nagasaki
Nagoya
Newchwang
New York
Osaka
Pazia
Peiping
Dairan (Dalny) Rangoon
(Mukden) Rio de Janeiro
Francison Ban Beattle Semarang Shangha Shimonove
Harbin
Kal Foen
Sydney
Tientsin Tokyo
„Taingian
allowed on Curren
received for fired
[ts" be obtained on
H. KORIS
Hong Kong, 11th March, 1982).
Personal investment socomiota handled.
The Company offers to intending Travellers the use of its "Trapellers Chequer" and Letters of Credit and, la addition, the world-wide-nervicis of its thoroughly equipped Travel Department.
"
W. W. DUGGAN,
Manager.
PHOTO-SUPPLIES
Kodaks and Camerza. Films, Plates and Papers, etc. Developing, Printing and Enlarging,
ZIESS and BUSCH FIELD GLASSES.
Price Moderate,
A Trini Order is Solicited.
A SEK & CO.
**$150,- .$500.-
Dealers in Postage Stamps,
Religious goods, Garden
rk
Seeds, Toys, etc., etc. No. 16, WYNDHAM STREET. P.O. Box No. 620.
.
Perfume Duties.
Al- ¡important pari
in
our
think,
1932
189,20
43
52,70
47.10
581.50
627.93
5.67
6.69
19.65
10.65
84.00
have experienced a comparatively
854.40 Consumption of water in the City even level of commodity values and and Hill District in millions and de
Total
922.83
1881
1932 267.18
248.64 Estimated population 481,480 802,500 Consumption
head per day ... 19.4 21.0
and Includer 27.15 million gallons from
POT
1981.
1982
49.9"B
6' 0"B114′′B
18" 9" 11′ 2′′
of international netion on the'
He continued: "Following the have consequently largely escaped cimals of gallons during the month whole question of silver, particu- ́Simla Conference the Government the disastrous fall in prices which of March, 1992.. larly as affecting China trade and Marine Surveyors have prepared, of has dislocated trade in gold stan-Consumption ...... the country's ability to meet its are preparing, revised rules for dard countries. obligations. They would see from local shipping. The work done in "The great amount of business the Annual Report that they had this connection before the Confer, which the General Committee of the also given consideration to the re- ence has not by any means bear Chamber transacts in the course commendations of the Hong Kong wasted. There is reason to beli-, of a year is made apparent by a
March, 1931----From March 1 to 81, Currency Commission. Supporters eve that in Hong Kong we shall perusal of the annual report. I 1931, a constant street fountain supply of stabilization of the Hong Kong be able very largely to achieve am sure members of the Chamber was operated in all Rider Main Dis- | currency in relation to gold had "legislation by agreement," thanks thoroughly appreciate all the time tricts.
the ground cut from under their to the spade work already put in." and thought which the Committee 1982, a constant street fountain sup- March, 1982-From March 1 to 81, HONG KONG feet when Great Britain left the "Your committee has asked the devote to the general interest. Iply was operated in all Rider Main
standard to which they desired to Government to reconsider its policy remember that the last time I was Districts. attach their currency.
In regard to the imposition of invited to second the adoption of
Kowloon. UNCLAIMED TELEGRAMS-
The Chairman then briefly duties on perfumery and essences, the report and accounts was in outlined the Committee's views on It is reported to us by merchants 1920, and in verifying this fact Kowloos Byewash
Kowloon Main 23' 8 B 25'11"B The following unclaimed tale the subject
that higher prices, consequent on was impressed by the improved Shek Lai Pul grams are lying at the office of
Continuing, he said that in 1981, the duties, have seriously curtailed form in which the report is pre- Reservoir the Great Northern Telegraph a year of world-wide trade depres- the demand for imported tollet sented to us nowadays as compared Shing Mun Recep Company (Limited). of Dini.
tion sion, Hong Kong imports were articles.
Sales of raw materials with that of twelve years ago. It storage in millions and decimals mark:-
valued at 787 million dollars and to the local perfumery industry is convenient to have the records
of gallons. exports at 542 million dollars, are much diminished. Some local compressed (as they now are), The Statistical Department gave factories have removed from Hong rather than that members should Kowloon Main an estimate that, in respect of im- Kong to Canton to avoid the Chin have to made through reams of cor Shek Lai Pai
Kowloon. Byewash fall of ese import duties, but it is likely respondence (as they had to do in Han-ports, this represented a
a little over 20 per cent. as com that their decision has been also in the old days) and pick out the Shing Mun Recep- pared with 1924, and in the case of fluenced - "by....... the imposition of points for themselves,
tion We are exports of approximately · 80 per taxation here.”.
much indebted to the Secretary for F. V. JENSEN,
260.17259.60" cent. This could in the nature"Following our representations, this reform; also for the work he Consumption of water in Kowloon Superintendent of things, be only a rough calcula- the Government has revised the has done in a particularly strenu-in millions and decimals of alloar. Hong Kong, May 4, 1982,
tion, but if it was anything like method of calculating the duties, dus year," Mr. Key asks me to during the month of March, 1982. correct they had some cause for but has not yet seen its way to re-add an acknowledgment of the
1981 1982 139.64 Consumption
$168,58) aatisfaction, O
move them altogether. The Cham- valuable assistance he has had from Estimated population 178,560 207,850 - Simia Conférence......................... ber has pressed strongly for this on Mr. Price, especially during the Consumption perpendijal ja raha As an entrepot at the doorway the ground that any interference time he (Mr. Key) was laid up with head per day 25.116.6. of South China, and as a place of with the freedom of the Port of diphtheria, security
Henry, from Shanghal.
Jobicum, from Shanghai.
Lois Frost, Peninsula Hotel, from Shanghai:
Sir Cecil Kaye, Passenger, |pura, from Shanghai,
Wallace, from Shanghai.
The following unclaimed:, tale grams are lying at the Eastern Ex- tension Telegraph Co.'s office
Dr. Murphy, care of Gilman Co., from Singapore,
Notaillim, from London
try in
was
6. C. OLARKE
WAS Manarar 1 times;
Hong Kong, April 23, 1982.
Reservoir
Total
1991 -161.80 18.10
*1982
137,28
40.85
93.00
74.48
2.27
7.24
ing March, 1981 and 1982
Constant supply in all Districts dur
The reports of the Government, Bae-
Dur teriologist and Analyst show that an tée quality. of the water Infantifactors Total rainfall recorded by Roya
sat conn. Hong Kong is t deprecated... I am sure you will support me, unhappily, Insecurity (Ale épices Goods Trade, B Gentleman, in expressing
KontQuestions now exercising the thanks to the Chairm
mlads of marchants Interested in and Secretariat for rtain plecu goods and sundries were dis which they have dona on atly as not to half during the past year.
Work
March