BANKS
HONG KONG AND SHANGHAI BANKING CORPORATION.
authorsand Captai
Formed and Faliy Pass CE,VOI Socorro Fundo --
€ 1,500,000 ------------€16.000,00€
Moverty Liability of Propelabers --... 800,000,000
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA,
Incorporated by Royal Charter, 1851.
HEAD OFFICE: LONDON.
THE CHINA MAIL.
Commerce and Finance..
CANADIAN TIMBER
EXPORT.
£3,000,000 | Enormous Increase For
READ OFFICE: BONG ZOND.
Paid-up Capital Reserve Fand
£5,000,000
$
BOARD OF DIRECTORS 1–
Ever, May,
Chairman
Bezerre Liability of Pro-
pristors
$3,000,000
LOK STAR
AMBITRAR
T.". Khan, Kay.
Deputy Chairman.
1.'. Bourfield. Req.
L
Dodweli. Eng. Dapon. Fas fon. Mr. C., K. Machte.
AMOT SANCTON BATAVIA
CALCUTTA
CANTON
CEEFOO
COLOMBO
DAIZEN
POOCHOW
НАГРЛОКО
Title HANKOW MAREIN
BORGENY
ΠΟΙΟ
JOHOR
KOBR
HOWLOON
EDALA LOW
Miekto, Bog.
Dos. Mr. . J. Paterson
3. &. Plaumer, Bay,
.. (raybars. Bes.
Chief Masague.
PLANONICS :-
LAYMENIM
LIONS
MALACCA
MANILA
UAB (b)
MOLDEE
PEEPING
NEW YORK
FENANO
RANGOGI
SAIGON
BAN FRANOIB00
SHAMURAI
KINGAPORN
BOGRAMATA
RUNGET PATATE TIEK TOM
TOEW
TWINOTRO YOKOHAMA
Cement Strebl spooné in Loos! Operates and Flant Deported for
skater yarlada La Land Oncrowy mad Sharking essere abir's will to grated an applicaties. Hong Kong, 22nd May, 1983.
HONG KONG SAVINGS BANK.
The Home of the obera Manz ie oondvoted By the BONG KONG AND SHANGHAI HANK Mahon may be obtoženi THE DORPORATION.
FOR THE HONGBONG AND GRANGHA! SAMEINU CORPORATION.
V. M. OLAYBURI,
Chel Munger.
Hong Kong, 24th April 1983.
SAFETY FIRST !
To Safeguard Your Valuabisa and Jewelleries,
Depoalt them in Vaul
that in really: FIRE-PROOF BURGLAR - PROOF
DAMP PROOF ! OUR SAFE DEPOSIT VAULT located on the Mezzanine Floor of Our New building is brocally Coo- stracted to provide of those Im- portant Qualition.
You may obtain a Safe Deport most up-to-date Vault Box in this for your own use at a very moder ate Rental
Inspection Cordially invited. THE NATIONAL COMMERCIAL & SAVINGS BANK, LTD. Corner of Ice House Street and Des Voeux Road, Central
THE BANK OF TAIWAN, LTD. (TAIWAN GINKO.)
BEAD OFFICE:-Taipeh, Formoon. Incorporated by Special Imperial Charter. 1829.
Conde Back in Parascat Baking und kvarugs seuraavi
On and after August 16th, 1933, the on Special Current rate of Interest
Agencies and Brancher:
BANGIOS
BATAVIA BOMBAT
CALCUTTA CANTON DAWXPORE CERO COLOMBO
DELET
BAIKHORO
HAMBURG
KANIOW
500 an
ROLO
TOR
ETONINO
MADALE
MAXILL
MIDAN
NEW YORK
PEIPINO (Paking) PERANG BANGOON SAIGON
SEMARANG SERENDAN KHANO HAI SINGAPORE KITIAWAN SOURABATA
TAIPING
TIENTSIX
KAN&CED
ALLRO
KUALA LUMPUR
TONÓKAB (Blender) TRINGTAO YOKOHAMA SAMBOANGA
and Foreign Exchange Banking business transacted.
General
Current Accounts opened and Fix ed Deposits received for one year or aborter periods at rates which will be quoted on application.
A. BREARLEY,
Manager. Bong Kong. 17th November, 1952
vince
Eight Months.
NEW RECORD SET
Vancouver, Canada.
SHARE MARKET.
Weekly Reports by Brokers
Hong Kong, Nov. 17.
weekly Mr. G. A. Harriman's share report and market review lagued at noon states:
A dull market was again ex- Exports of timber from the Pro-perienced during the week under re- of British Columbia will view with many prices marked down Buying power create a new record this year ifto new low levels. the present pace is maintained. For remained very small though Hong the first eight months of 1933 ex-Kong Banks and Unions continued ports of sawn timber to foreign in demand at rates of the preceding markets (outside North America) week. Investment counters attract- totalled 360,000,000 feet (180,000 ed little attention with Wharves standards), according to figures re-done down to 3117 and Hong Kong leased by the Pacific Lumber In-Electrics to $73. Hong Kong Lands were also easier with shares offering spection Bureau.
Exports for the full year, tak Jat $74. Hong Kong Trams declined ing sales for the first eight months to a buying rate of $20-Star Fer-1 as a criterion, will probably reach ries maintained their strength and Tele- cased off having 260,000 standards. The previous were transacted, at $99%. recard was set in 1929 with a tota! phones again
at
of approximately 200,000 stan-changed hands at $30/50, closing in demand at $294. Among the dards.
minor issues Hotels again suffered a decline and were transacted falling rates from $6.15 to $6, China Lights dropped considerably, and Cementa were done down to $9. of
leased off a great deal and were put through at $1.30/50. Ropes again touched new low levels with shares Jon offer at $6.00. Lane, Crawfords'
showed prominence and
Up to the end of August of this the year exports of timber from
Great Pacific coast Province Lo
the figure THE BANK OF CANTON, LTD. Britain have doubled
for the corresponding period
Shipments to China have 1032. trebled and those to South Africa have increased fourfold.
Ratablished 1911.
Košmė Onakhać (M.X. Ourroney) ...$11,006,000 Pál-By – Chelial s Montre Fund $160,000
Canton.
BRANCH ZA 1-
Bankow, Bangkok,
and Han Francione, LONDON BANEZES :—
The Lloyd's Bank, Limited.
CORRESPONDENTE
in ali principal sition of the World,
Jarly Exchange and banding business o every description inerted,
Sale Depot Bora (variosa stand as a guarly real tren 14 w 445,
LOOK POONG SHAN,
Chief Manager,
THE BANK OF EAST ASIA, LTD.
Hand Offen: Hong Kong. No. 12, Des Voeur Road Central Established: 1018
Authorised Capital Faid-up Capital Reserve and Undivided
Prosta
CANADIAN RUBBER MANUFACTURES. Growing Volume Of Exports.
DISTRIBUTED ALL OVER THE WORLD
year increase,
Ottawa, Canada. The export of rubber goods from Canada in August of this showed an encouraging the total for the month being $564,-| 986 compared with $709,139 in July and $083,884 in August 1982.
The largest item in August's ex- part under the category of rubber goods was pneumatic tyre casings which numbered 47,590 valued at $331,151, representing a substan. $10,000,000.00
tial advance in both volume and 5,598,600,00
value. These automobile tyre can. to countries 1.312,000.00 ings were shipped
BOARD OF DIRECTORS:--
Bir houson Chow, Chairzamn.
Li Koon Chun, Esq.
P. K. Kwak, Esq. Wong Yun Tong, Esq.
Chan Ching Shek, Eag.
Li Lan Bang, Esq. Pun Hin Cho, Esq. Wong Chu Son, Esq. " Kan Ting Po, Esq.
Kan Tong Po, Esq., Chief Manager. Li The Foor, Esq, Manager.
Correspondents in all principal citim
Deposit will be at 20% p.a. on daily balance and the rate for balance over of the World. $10,000 will be quoted on application.
aximum rate~14%).
LONDON BANKERS,
Barclays Back, La.. Kloyd Book, Lid Midland Back, Lid.. Wonminster Book, Loc.
The Bank has Unrespondents in all the_grimcipal Souwer throughout the world. L NAGURA
Da Vas Bend Curteak,
Hang Long Bober 1, 2001.
THE TOKOHAMA SPECIE BANK,
LIMITED.
Established 1839.
Capital (fully pat-op) Yen100,000,000 Beserve Fund
Y.121,250,000
Hood Odice:-TOKOBAMA.
Brunsban and Agencias at: Alexandria Batavia Berlin Bombay Calcutta
Nagasaki Nagora Newchwang New York
Osaka
(Dalny) Peugten (Wubden) Bazgoos
Rio de Janeiro
Every description of Banking and Exchange business transacted." Loans granted on approved securities.
wall Boxes To Let
KAN TONG PO,
Chief ManaEWE.
THE
AMERICAN EXPRESS COMPANY,
FF
Hamburg
Herbin
Honolulu Halaking Karachi
Kobe London Los Angular
Manila
Moji
Hong Kong 1
San Francisco Beattle
Semarang
Shangha Bingapore Bourabaya
Tuntitan
Tokys
Zalagtas
INC.
Head Offer:-65, Broadway. Ney Turk.
‚U.S.$8,000,000,00 US$1,867,089.17 .U.8.$1,718,979.87
BRANCHES you
Baner
Mexico City
Capital Barplus Eeserves
Amber Am
AMA
Harm Huldalberg
Felping
Same
Liverpool
Longine
Lear
عليمة
Chincte Conser
Пени
Dublin
- Mornin
» Monikamykan
Taormina
Tullama
Branches of Amarless Exprser Com
Daxy in Principal cities of United
States of Amerios and Canada.
مسون
All classes of Commercial Banking:
Transactions' modartakan,
in all parts of the world, the chief purchasers being: Netherlands $45,041; British South Africa $44,- | 480; Brazil $36,897; Spain $24,926; British Indin $22,924; New Zealand
$20,916; Great Britain $16,071 and
Venezucia $11.620.
quired for at $4.15.
were en- The mining
section was somewhat quiet, though
Ringer De Luxe
Vyrl D. Jackson, of Kellerton, Iowa. world's horse shoe pitching chem pion of 1830. takes 80 out of 100 Fingers while blindfolded during practice session. He is competing in the international content at the Century of Progress Exposition fo Chicago.
COLONY'S TRADE DECLINE
Fall In Imports Not So Marked.
SATURDAY, NOVEMBER 18, 1933. HOW S. AFRICA
WILL TACKLE UNEMPLOYMENT
NEW ADVERTISEMENTS.
Work Must Be Found For White Men.
GOVERNMENT EXPLAINS
а
POLICY
NOTICE.
.R
TT IS HEREBY NOTIFIED that the CAPE D'AGUILAR PATH from Windy Gap to Cape D'Aguilar in CLOSED to mator traffic until further notice.
E. D. C. WOLFE, Inspector General of Police. Hong Kong, 17th November, 1933.
Pretoria, In comprehensive state- Iment, issued by the Minister of Labour (Mr. A. P. J. Fourie) the Government tells the public what it is doing to deal with the unemployment position, and claims that it is doing all that it can be expected to undertake. It calls upon private employersHE FIRST PRACTICE DANCE and local authorities to do their
ST. ANDREW'S BALL
will be held in the Peninsula share in helping the Govern-Hotel on TUESDAY, 21st inst. 5.30 ment to relieve distress.
p.m. to 7 p.m. Teas will be served Emphasising that the funda in the Roof Garden from 5 p.m. mental cause of the South Afri-Members who have not yet returned can unemployment problem is their subscription lists are request- the competition from natives in led to do so as soon as possible to the unskilled labour market, the Government
reproaches em-
ployers for failing to adopt and maintain a proper distribution of European and native labour.
In this regard the Govern ment warns industries that if
E. M. BRYDEN, Joint Hon. Secretary, c/o Mesara. Lowe, Bingham & Matthews.
Hong Kong 17th November, 1933,
they desire to continue to en-THE HONG KONG JOCKEY CLUB joy the benefits of its protec- tionist policy, the Government requires a decided improve-
NOTICE.
By Order of the Stewards, C. B. BROWN,
-Secretary.
ment in the direction of the THE NOVEMBER HALF YEAR- employment of white workers.TEL GENERAL MEETING The statement emphasises or VOTING MEMBERS will be that the Government at present held at the Club House, Happy is subsidising the employment of Valley, on TUESDAY, 28th Novem- OCTOBER EXPORTS DROP
lover 36,000 workers, in addition ber, 1983, at 5.30 p.m. Ito BY 13.4 PER CENT
which, under its civilised
All members are cordially invited labour policy, it is employing to attend, and participate in any The Statistical Office of the Im-approximately 25,000 European discussion which may enave, Antamoks were put through at ports and Exports Department re-men as distinct from natives. 79/80c. and Big Wedge at 28/30c.ports that Imports of merchandise The Government's Proposals. The tendency of the market at the into the Colony during the month close is rather weak amongst in- of October, 1938, amounted to a de- $42.4 millions of vestment issues but steady with theclared value minor issues.
(£3.0 millions), as compared with $49.9 millions (£3.3 millions) in the
1 By endeavouring to keep corresponding period of 1932; re- presenting a decrease in terms of on the land people who belong Hong Kong currency of 15 per cent. to the land.
2. By replacing on the land Exports of merchandise were de-
to a total value of $34.3 those who have become disppos- clared
com-sessed, and who show an apti- millions (2.4 millions), as pared with $39.6 millions (£2.6 tude for the land. millions): a decrease of 13.4 per 3. By placing in local and re- gular employment those who are
Business Done During the Week:
Hong Kong Banks, $1,825. Union Insurances, $580/685. China Underwriters, $1.65/75, Antamoks, 79/80 eta.
Big Wedge, 29/30 eta. Rauba, $13.30.
Wharves, $117/1181⁄2. Providents (old), $2.50/00. Ewos, S$13.00/13.05.
Hong Kong Hotels, $6.00/6.15. Tramways, $21.25.
Star Ferries, $90.50.
- Yaumati Ferries, $25.
China Lights (old), $9.00/9.GO. Electrics, $73/74.50.′′
H. K. Telephones, $30/30.50. Hong Kong Ropes, $6. Dairy Farms, $28.25. Lane, Crawfords. $4.30.
Icent.
A
|BUNG:-
A
The lines along which the Government is dealing with the question may be summarised as follows:-
Hong Kong 18th November, 1993.
OF THE COMPANIES ORDINANCE 1911
IN
THE MATTER
and
IN THE MATTER OF THE MONKGLAND (Registered) WINE CO., LTD. (In Liquidation)
》URSUANT 10 Section 188 of the
Extra-
For the first ten months of 1985, suitable for such employment. Imports totalled $423.5 millions. By absorbing others on notice is hereby given that the Final (£28.6 millions), as compared with works of a national character. Meeting of Members will be held at $527.7 millions (34.7 millions) in 5. By continuing to extend its the offices of Messrs. Percy Smith, the corresponding period of 1932; [civilised labour policy in the Seth & Fleming, No. 6 Des Vœux Road Central, (4th floor) on MON- decrease in dollar values of national services and railways. 19.7 per cent., while Exports were
secondary DAY, the 18th day of December, 6. By insisting on valued at $341.4 millions (£23.0 industry giving every possible 1933 at 11.30 a.m. for the pur- millions), as compared with $891.8 opportunity to the youth of this pose of receiving an account showing millions (£25.8 millione), de country, by urging the necessity the manner in which the winding jcrease of 129 per cent
civilised up has been conducted and the pro- for the adoption of a The following table shows com-labour policy by all employers, perty of the Company disposed of. The official summary of the parative #gures of Imports and Ex- and by regulating the distribu-and of hearing any explanations that as regards may be given by the Liquidator, and Hong Kong Stock Exchange lasued ports of merchandise and treation of labour both
of determining by yesterday at 3.15 p.m.
European and native, and as re-also gards urban and rural require-ordinary Resolution the manner in ments.
which the books, accounts and docu- 1833
1932
The Position of the Natives. ments of the Company and of the $42,443,758 $49,872,356) $ 6,111,028 $5,657,637
The Government emphasises Liquidator thereof shall be disposed. $47,554,788 $55,520,993 that there is no injustice con-
Dated the 18th day of November, EXPORTS October
templated towards the native, 1933.
DONALD BLACK, who, as a citizen of the Union, is] $13,117,627 $12,714,137 entitled to suitable employment! $47,457,300 $62,361,118 as much as the European. It is
contended, however, that with IN THE
supply of European workers and natives there should be no neces- sity to import 50,000 natives for the mines,
Merchandise Treasure
Total
Rates generally suffered a fur- Exports of canvas shoes with ther decline in the past week, due rubber soles during August totall-chiefly to the suspension of some (Continued at foot of next Column.) Chinese Banks which brought on ■ certain amount of liquidation. As a matter of fact, such liquidation had commenced some time previous to the suspension, hence the recent Merchandise weakness of the market. At the Treasure moment, the opinion prevails that liquidation from this source practically over.
THE MERCANTILE BANK OF INDIA, LTD. HEAD OFFICE 1
18, Örsenokarch Forest, London, 2.05. Authorised Capital.3,000,000 Subscribed Capital ... 1.800.000 Paid-up Capita!
1,050,000 Reserve Fund & Rest 1,246,785 BACKRA The Bank of England á Miðland Bank, Lád. BRA NOELUM 1pok Bangkok Bachar
Randy Caloriin
Xarald Kole Phar Colombe
Kools Képla Galle
Kong Kong Приток
New York Penang
Pork Zodle
(kateri kom) Rang
Ivanlar (Falong Bla Mali
Bingson
HONG KONG BRANOB. Every dancription of Darking and Szobange for!- Dana Kamnariek.
Trevallars Choques lemed.
Trustee and Executorshipa under- taken.
INTEREST allowed 'en. Durevah kosounia usł Pixel Deporte në Xxion that may be neðarinized om application.
J. B. ROBB,
Manager.
1. Quem's Band Central,
Hong Kong, 2nd May, 1933.
THE BANK OF CHINA.
行銀國中
Reorganised October 26, 1928, under
special" charter, of The National Gov-
ernment as an,
INTERNATIONAL EXCHANGE
BET BANK
Subscribed Capital
Pald-Up Capital Reserve Funds
..
-$25,000,000.00
Total
is
In the course of the week, pres sure on Wharver and Electrics forced these down to $117 and $79, respectively, Closing steady,
1
tone quiet but fairly
Hong Kong Banks $1826 Union Insurances $585, $580 Underwriters $165
Wharves $118, $118, $117 Providents (Old) $2.80, $24 Hotels $64, $8.15, $8 Tramways: $214
Star Ferries $091⁄2 Yaumati Ferries $25
China Lights (Old) $9.60, $9 Electrics $74, $74, $73- Telephones $80, 380, $304, $80 Ropes $8
Dairy Farms #28
Lane, Crawfords $4.30 Constructions (Old) $2 Constructions: (New) 60 cts. Antamoks 86 cta., 79 cta., 80 cts, Big Wedge 29 cts. 82 cta. Ewo Cottons Sh. $13, 8h. $13.05 Singapore Tractions 8/ Changes (8.16 p.m.) Closing Qua-
$24,710,200.00❘tations. ..8:8,820,505.82
HEAD OFFICE: SHANGHAI
HONG KONG BRANCH:
4 Queen's Bond Central
Owing to our numerous branches in
BUYERS Hong Kong Banks $1820 Hotels $6.05
SELLERS
Tramwaya $20%
BALES
IMPORTS
October
1932 1933 $34,339,860 $39,630,981
Liquidator.
MATTER OF
THE
and
HONG KONG TRADE proper distribution of the Union's COMPANIES ORDINANCE 1911
COMMISSIONER.
Local Office Now Established.
This reference to the natives. however, has not convinced some
IN THE MATTER OF BROWN'S LIMITED (In Liquidation)
URSUANT to
MR. PELHAM TO BROADCAST Sections that the extension of Part 10 Section 188 of the
ON TUESDAY. EVENING
4th
the civilised labour policy will notice is hereby given that the Final not result in increasing distress Meeting of Members will be held at the offices of Messrs. Percy: Smith, The office of H.M. Trade Commis-among the natives. sioner for Hong Kong and Com-The Johannesburg Joint Coun- Seth & Fleming, No. 6 Des Vœux mercial Secretary for South China cil of Europeans and Natives has Road Central, (4th floor), on MON- floor, issued a statement expressing DAY, the 18th day of December, is established on the
the opinion that that the Gov-1938 at 12 o'clock noon for the pur- Asiatic Building, Queen's Road,
Mr. G. C. Pelham, the Trade Com-ernment's policy, as enumerated pose of receiving an account showing by the Minister of Labour, is the manner in which the winding missioner, will broadcast from
welfare of the country." It dis-perty of the Company disposed of, Z.B.W. on Tuesday next at about "fraught with danger to the up has been conducted and the pro Mr. Pelham has been appointed putes the Minister of Labour's and of hearing any explanations that mainly for the purpose of assisting statement that the crux of the may be given by the Liquidator, and and encouraging trade relationships unemployment problem lies in also of determining by Extra- between Chins and the United applying a ratio of European and ordinary Resolution the manner in siders that the crux lies rather ments of the Company and of the Kingdom and will be pleased to native labour. The Council con-which the books, accounts and docu- "in the right and full use of all Liquidator thereof shall be disposed. Datod the 18th day of November, human and the country's " material resources." This it ex-1938,
DONALD BLACK, plains means.
9 pm
meet all business" men, and others interested.
POPPY DAY FUND,
Further Contributions.
"(1) The use of every worker, white or black, according to his capacity.
Liquidator.
Times anticipates that before (2). The development of the the end of the current year more
internal market for our
than 2,600 additional "white" own products."
İminers will have been given om¬ The Joint Council, on behalf of
ployment: as compared with the the native, asks employers of number employed before the labour to think twice before Union left the gold standard last responding to the Minister of December. Already the employ $13,406.00 Labourer's appeal to dispense ment figure has risen by 1.500
Further contributions will be gratefully received by Mr. F. G. Maunder, Secretary to Earl Haig's Fund, York Building, Hong Kong.
Cheques should be made payable to Thomson & Co., and crossed "Poppy Day Fund." Campany offers be fubanding clients special facilities for dompetleed in value, $111,689, the chief Previously Acknowledged
salon being 124,802 pairs' valued St. Joseph's Church.
Personal investment Mocowata 'China and large connections in the im
handled.
* and Letters of Gredit and,
portant commercial centres of the world, we are able to stand to our
Electrics $78 Baubs $18.60
Jars: the un of its "Travelers and foreign banking, and EUR BURT to Argentina: 48,325|St. Margaret's Church,
We also handia the taper Chadewide surgias and other Pablla" Wanda" of Ha
squipped Travel De-ess Government both at home and pairs at $24.474 to the United King- Happy Valley
dom worth $7,301 to British South Sundry. Street, Balex Africa and 7,215 pain to New Zoa-} Hand-Beaters Canadian: Service,”;
·DUOGAN,
abroad.
CHEN BHOUS
Mary Manager.
Hong Kong, 5th March, 1991..
Total
60.10|with native labour.
Europeans. In addition this Employment Increasing. anticipated that the number of 20.28 In the meantime there in natives working underground 23.00 steady increase in employment will have risen from 20,000 to given by the gold mines of the 25.000 by next December-Beu-
The $13,496.85 Witwatersrand.
Sunday
ter.
J
b