1930-02-24 — Page 2

2

HONG KONG AND SHANGHAI BANKING CORPORATION.

Authorised Captial magánem. 830,000,000 Isood and Fully Paide ---- 196,100,000 Reserva Punda 2-

Berlingomance@ 6,500,000

Gre

Meserve Edabllity of Proprisions $30,000,000

HELD OFFIDE: HONG KONⱭ

BOARD OF DIRECTORS—

3. A. Plummer, Esq.

Chairman.

C. G. H. Muɛklu, Kav.

Deputy Chainman.

B. D. F. Belih, Req.

W. H. Bell. Ees.

B. Cheapien, Tag

1. Lander Lewis, Eng.

AMOX

BANGKOK

BATAVIA

BOMBAY

CALCUTTA

CANTON URZFOO DOLOMBO

W. L. Pattendee, Esq.

T. E. Tarve, Beg

T. H. 8. Shaw, Raq.

J. P. Wara Zag.

Chiet Manager. Hon. Mr. A. O. Hyses.

JDABEN

РОССПОЙ HAIPHONG

BRANCHES:-

LONDON

LTONS

MALACCA

MANILA

MUAR (Johora)

MUKTYRN КАПЛЯЛЕТ

NEW YORK

PEIPINO

PENANG

RANBOON

SIAMBURG

HAIDON

FAN FRANCIBOO

BHANGGAL

HONGELY

BINGAPORE

ILOILO

BOURA BA TA

HANKOW HARBIN

ZPOK

JOHORE

IODE

KOWLOON

KUALA LONTOA

BUNGEI PATANI TIENTSIN

TOKYO

TSINGTAO YOKOHAMA

Current Accounts opened in Local Curranty and Fixed Depoel pad for one year shorter perioda lis Local Currency and Birling on terms which will be quoted an application. Hong Kong, till February, 12:09.

HONG KONG SAVINGS BANK.

The Budson of the above Bank is conduct

ed by the DNO KONG AND MILANOSAI BANKING CONFORATION.

obtained on application.

But may be

POR THE HONO KONO SHANIKAK BANKING CORPORATION.

A. C. LYNER,

Chief Kwanger,

Ha Soc. 18th September, 1927.

NEDERLANDSCHE HANDEL- MAATSCHAPPIJ, N.V.

(NETHERLANDS TRADING SOCIETY)

DANKERS.

Established 1834 Yang Long Offon 113 Queen's Road Central, Authorid Capital Guildars 180,000,000- 4812,400,000.) Wald-Up Capitel 80,000,000- (44.400.687.) Guildare 40,000,000 Best Fund

(49,863,239.)

Hond Dion:--[AMSTERDAM”). Ensin od 0-BATAVIA. #RANCHES--Bandiermin Bandeng' Boubey, Caloutia, Charibon, Djember, Diaz- haria) The Hager), Jeddah. Kabe, Kota Badje, Makasar, Medan, Padang Palembang.

Pakalongan, Penang,

'THE CHARTERED BANK OF

INDIA, AUSTRALIA & CHINA. Incorporated by Royal Charter, 1883. HEAD OFFICE: LONDON. Pald-up Capital £8,000,000 Reserve Fund....£6,000,000 Reserve Liability of Proprie

tore

£3,000,000

Agencies and Branches:

ALOB STAB

AMBITUAR

DANGKOK BATAVIA

BOMBAY CALCUTTA UANTON JAWNPOSE OEBU

COLOMBO

DAIREN (Delay

Bouth Manchuria)

DKLII

HAIPHONG

TAMBURG

ILANKOW

ПАВОТН

(H. Manchuria

пона хоха

ILGILO

IPOU

KABACHI

ELANG

KOUR

KUALA KANGSAR

Per (7.M.)

KUALA LUMPUR

RUCHINO

MADRAS

MANILA

NEDAN

NEW YORK PKKINO PENANG PESHAWAR BANGOON HAIGON

BENARANG

SEREMBAN

SITANOKAL

*SINDAFORI

BOURABAYA TAIPINO

(PMB)

TAVOY

TIENTSIE

TOKTO

TONGKAR (Bicuksk)

TSINGTAO

YOKOHAMA

SAMBOANDA

(Philippine Islande}

Current Accounts opened and Fix- ed Deposits received for 1 year or which will shorter periods at rates be quoted on application.

A. H. FERGUSON,

Hanager Hong Kong, 8th January, 1929.

THE HO HONG BANK, LTD. (Established 1917.)

CAPITAL.

THE CHINA MAIL.

COMMERCE

THE TRADE OUTLOOK FOR 1930

GUARANTY TRUST PREDICTS TEMPORARY RECESSION

FOLLOWED BY IMPROVEMENT

AND FINANCE.

BONDS OF SYMPATHY

Silver Decline Hits Mexico & China

Fears that a still lower level of silver prices was in store have soon proved justified, another new re- tord being established for the cash Whereas 1929 began well and position, says the Financial Times. ended badly, 1930 bids fair to reThe lower forward price seems to verse the process by beginning bad-indicate bear activity. The present ly and ending well, according to the weakness constitutes another bond) current issue of the Guaranty Sur-of sympathy between Mexico and |vey, published early in January by China. The "Mexican dollar," with Foreign Exchange and General the Guaranty Trust Company. Its large silver content, has been "A consensus from authoritative popular currency in the Far East Bunking businese transacted

sources," the Survey says, "seems for a long time past. Now Mexico to Indicate a continued business reis pertubed on account of the effect cession during the early months of of the price drop on its important the year, some measure of recovery silver-mining industry. This in the Spring, and gradual improve threatens to become unremunera- ment following, with fairly good tive, which would lead to a con- results for the year as a whole.".

alderable number of mon being The Survey finds that several Im-thrown out of employment. portant conclusions may be drawn

China sees a large part of its from the confusion following the foreign commercial transactions. stock market break. The first of This arises from the fact that in .$20,000,900 these is that general business con- China payments are very largely 8,000,000 ditions have been less affected than made by weight of silver, not by 4,000,000 was originally feared. The second count of coin. The tael, in refer- is that the most important factorence to which the Shanghal ex- Shareholders

4,000,000 2,210,000 in the present business recession change Surplus ...

is quoted, is Itself HEAD OFFICES: SINGAPORE, was over-production in important really a native weight, and ita Branches, Agencies and Correspon-industries, from which a period of value thus varies almost directly dents in the principal cities of the readjustment was inevitable. The with the price of silver. Even in world.

Every description of Banking and movement of stocka registered an the early days of the war it went effect rather than a cause of this no lower, than 2s. 1.7/84. but is now Exchange business transacted.

TAN ENG HOOL, condition.

down to 1s. 11 15-16d. and the Manager. "It is further evident," the Sur-Aight" from various Continental Hong Kong, 15th May, 1929.

vey continues, that economic laws currencies with which we were havu resumed their sway in import-familiar a few years ago seems now THE BANK OF TAIWAN, LTD.ant particulars: first, supply and to be paralleled by a flight from demand must still be correlated if silver on the part of some of the (TAIWAN GINKO)

industry is to prosper; second, real Chinese speculators in Shanghal. value is only soundly based earnings; third, action begets reac- tion, and a period of over-specula- tion and over-production inevitably COCONUT INDUSTRY brings about deflation and reces-

Authorised Issued

Paid-up

Reserve Liabilitica

HEAD OFFICE:-Talpeb, Formosa. Incorporated by Special Imperial

Charter, 1899,

Celal Beak in Formon. Bank-Norse fund Average amount...Yen. 45,000,000 BRANCHES AND AGENCIES 2 JAPAN-Tokyo. Yokobam, Kobe, Deaks FORMOSAO. Kad, Kareno,

CHINA.

Keelang.

sion.

on

rate

Menace of Destructive Slugs

Fortified Optimism Hakang, Nanto, Back Tribo. Tainan, Takao, Temeri, Toss, Haika,

"Recent developments have forti- Hackor, may, Focolar, BREK OTHERS-Hong Kong. Binga

Bourbes, fed the optimism with which bual- Detaris, Bombay, Calouteness men regard the prospects for Landon, New York. Dalrez.

LONDON BASKERS: The London County Westminster and Part's Fank.

The Bank bag Correspondeuta is all tha

K. NAGUSA.

Pontianak, Rangoos. Hesserdamped Commarded Canarie throughout the

Barnes'),

Bebo Bbanghal,

Boursbals,

(Sumaire), Bingspors,

Bomkaria (Bolo), Tagai, Tillstjan HONG KONG BRANCH 1

·szd Waiterraden."

Then one bars safe depoelt boas lo Isl

Leon Beaks-National Frortacia Bank Lel.

Correspondente all over the world

Backing bus of atry

description transacted.

P. K. ELBERG

Feng Xocg, ith May, 1922.

Хадарс

BANQUE DE L'INDO-CHINE.

HEAD OFFICE:

96, Boulevard Haussman, Paris. Subscribed Capital Frs. 72,000,000,00 Paid-Up Capital ...

...Fre. 88,400,000,00 Reserve Funds ....Fra.102,000,000.00

BRANCHES: Bangkok Hong Kong Quinhon

Salgon Battambang Hau Cantho Mengtze Shanghai Canton Nam Dinh Biorepare

Thanbes

Djibouti

Neumes

Fort-Bayard Fapeste Tientsin

Baiphong Peking Tourant

HADIOW

Hanoi

Prom-Fenh Vinh

Pondicherry Yunnanfu

BANKERS:

IN FRANCE: Comptoir National

De Vosux Boad Centmi. Kong Boog. 19th January, 19.

Manager.

Two w destructive coconut

1930. Although there is no failure pests have been added to the leaf to appreciate the importance of the miner, heretofore the only menace collapse of stock prices as an into the coconut industry of the fluence on general business or to Philippine Islands. The pests have ignore the historical fact that such been identified as the slug cater à collapse has almost invariably pillar, been followed by a major business which recession, emphasis has very pro- and

THE BANK OF CANTON, LTD. perly been placed on certain funda-

Established 1912.

Head Office:-Hong Kong.

Lothrined Capital (.K Currency) $11,000,000 Pald Up Capií

1,064,300 $60,000

BRANCHES —_

the Florida Red Scale,

been noted in Albay respectively.

de rapid spread of these mental differences between the con-two facts which according to ditions that oxist at present and agricultural officials multiply as those that have usually been wit-fast as the leaf miner when condi nessed at similar times in the past. tions are favourable for their "In the first place, the inflation growth, Jose Camus, assistant of stock prices was accompanied by director of the Bureau of Plant In- no corresponding advance in prices dustry has issued orders to plant of commodities and by very little inspectors and field men detailed in accumulation of inventories; conse. the two mentioned provinces quently, no corrective process in launch a campaign immediately. atthis direction is required.. In the second place, the inflation involved no crucial credit strain.

aston, Bhange, Halow, Siew, Bangkok, New York nad De Francis

LONDON BANKERS :- - The Lloyd's Bant limited. CORRESPONDENTS

In ali prinsipsi dišias of the World. Forsigt archangs and banking borinas

very description trensastað.

Baf Deposit Bose (various évek) si a zmarły tanial of brotna to $40.

LOOK POONG SHAN.

Chief Manager. Hong Kong, 19th February, 1927.

THE BANK OF CHINA. 行跟 國中

Mandate of the Republic of Chins

to

To ascertain that no other coco nut pests exist, a general circular was sent by the Bureau of Plant Industry to all its men instructing

MONDAY, FEBRUARY 24, 1930.

COKE

کیا

SUITABLE FOR ALL HOUSEHOLD AND INDUSTRIAL PURPOSES.

$17 per Ton

(EX OUR HONG KONG OR KOWLOON WORKS).

BEST CRUDE COAL

TAR

30 Cents per Gallon

(EX OUR HONG KONG OR KOWLOON WORKS).

SPECIAL QUOTATIONS FOR QUANTITIES.

HONG KONG & CHINA GAS CO., LTD.

West Point, Hong Kong, and Jordan Road, Kowloon.

Telephone C. 47. Auto 20000.

In The Grip Of Indigestion

These encouraging factors are

Many sufferers have daily to at least partly borne out by actual them to conduct a survey of all consider which they prefer-star- of coconut groves under their respec-vation or torture. Craving for food developments, although it is, course, still too early to know what tive jurisdictions and to report the to appease the system's need for the actual effects of the price col-particular cases of infestation. In nourishment, they scarcely dare lapse on general business may be. this way, it is hoped that the ent because of the agonies which

d'Escompte de Paris; Credil Lyonnais; (Specially Authorised by President-1 While 'business activity is unques- Bureau will be furnished informa- follow even the lightest meal.

Banque de Paris et des Pays-Bas

Gredit Industriel et Commercial; So-

elete Generale.

IN LONDON: The National Pro- Authorised Capital vincial & Union Bank of England, Paid-up Capital Ltd: Comptoir National d'Escompte Reserve Fund de Part: Credit Lyonnais

IN NEW YORK: J. P. Morgan á Co.; French American Banking Cor- poration; Guaranty Trust Co. of New York.

Interest allowed 00 Current Ac counts and Fixed posita according to arrangemența.

Every description of Banking and Exchange Business transacted.

Safe Deposit Boxes to lat.

A. LECOT,

Manager.

Hong Kong, lat May. 1929.

THE YOKOHAMA SPECIE RANK, LIMITED.

Cinereamarginate

tionably on the decline, the down-tion pertaining to different peate This pain after eating is the ward trend cannot be attributed en ravaging coconut plantations as stomach's protest that it is too on the 22nd of November, 1917.)

tirely to developments in the stock well as the extent of damage is weak to work, and other warnings $60,000,000.00 inmarket, since It began some time attacked areas.

18,278,600.00 before the panic took place. Retail 0,029,425.24 trade reports, indicate that the volume of holiday buying, which would naturally be expected to be very sensitive to a drastic reces sion in stock prices, was not seriously curtailed."

HEAD OFFICE: PEKING.

HONG KONG BRANCH: 4, Queen's Road Central. Branches and Sub-branches all over China and Correspondents in Europe, America and other parts of the world London Bonkers: The National Provincial and Union Bank of Eng. land, Ltd.

The Guaranty Trust Company of New York.

New York Bankers: The Irving National Bank.

The Equitable Trust Company of New York.

Interest allowed on Carrent Ac-

WAR PENSIONS

The £1,000,000 a Day Burden Explained

Rugby, Saturday.

BB

follow in the shape of headache, flatulence, palpitation, depression, Due to the addition of the slug loss of weight and colour, constipa caterpillar, known in science

tion or purging, sleeplessness, evil "cinereamarginata" and the Florida dreams. The temptation is to seek

called Red Scale scientifically

relief in strong purgatives, but the "aspidestul destructor," the Pro use of these da always followed by gramme recently adopted by the

worse conditions. Only by streng- Bureau of Plant Industry in con- nection with the leaf miner has to thening the stomach and other undergo some modification. It is organs of digestion by tonle treat- said that the method of controlling ment through the blood can per-

manent relief and cure be found. the "mine may not prove ai

It is thus that Dr. Williams' Pink jefelent against these now menaces.

According to Faustino Otanes, Pills have wrought their almost entomologie of the Bureau, the numberless cures of Indigestion. slug caterpilar and the Florida New strength is quickly given to Red Scale are also attacked by weak stomachs by Dr. Williams"

counts and Fixed Deposits. Terms on An abstract account of the consolid-parasites lip the leaf miner. How Pink Pills because these Pilis at- application.

Every description of Banking Busi: ated fund published by the Treasury over, the sucessful breeding of the rich, purify, and increase the blood shows that Great Britain's £1,000,000 parasites will be problematical, as supply, and at the same time build ness transacted.

Loans granted on approved secur- per day burden last year included In- It will be the first attempt of the up the nerves and the whole sys

terest on payment of £310,000,000. Bureau along this line.. Special facilities for Home Ex-Management and expenses amounted to £1,000,400, and the sinking fund to £57,000,000.

Established 1880,

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

Yen 108,500,000

Head Office-YOKOHAMA.

Alexandria

Bateria Bombay

Branchos and Agencies ut:

Nagoya Nowchwang New York Oznica Peking

Bursos Ayres (mporarily closed)

Calcutts

Canton

Changchun

Rangoon

Rio de Janeiro

·Balgon

Dairen (Dalny) San Francisco

engtian (Mukden) Seattle

Hamburg HALKOW Harbin

Roar Your

Honotain Kat Tusn Karach

Lendów £3.

Los Angeles,

Somerang

Singapore Boerabays Bydney

adivostok

Temporarily

change.

SHOU J. CHEN,

Manager.

Other figures included in the account show that the cost of War Pensions last year declined by

to £8,000,000 There are still over 1,476,000 parsons receiving pensions and allowances. Since the Ministry af Penalons was established, the total expenditure on War Penalons and ad-

THE BANK OF EAST ASIA, LTD. £56,000,000.

HEAD OFFICE: HONG KONG. 10, Des Voeux Road Central,

Hong Kong

$10,000,000 ministration has exceeded £846,000,000.

5,000,000-British Wireless Service.

Authorised Capital

Pald-Up Capital

Reserve

-1,500,000

BRANCHES AND AGENCIES:

BANK, LIMITED.

HEAD OFFICE: 12-14, Queen's Road, Central, Hoar, our

Batavia Melbourne San Francisco THE INDUSTRIAL & COMMERCIAL Bombay Nagasaki. Beattle Calcutta New York Semarang Cantone Osaka *Bingapore Eiphong Puri Sourabaya Honolulu Felping Sydney Kabel Penang Taipen Kowloon Rangoon Tiontain - London B Balgongdin Tokya S Manila Shanghai- Correspondents In cities at the world,

pr principal

description of Banking and

Venage buálness transacted. Goans

grantide on “approved: securitielā.

HLVE. DEPOSIT BOXER të ht;

KAN TONG

BRANCHED

Shanghai, Hankow, Canton, Kongmoon" CORRESPONDENTS

all principal cities at the world. diacription of Baifking "business" transacted. prompt and personal service.

tem. From the first the appetite revives, then food can be taken without discomfort or pain and the burden of indigestion is rapidly dispolled.

A SUBMERGED TURBINE

Begin to improve your digestion Since all boring parts of a steam and your health to-day by starting of turbine are totally enclosed, the Dr. Williams' Pink Pilla. most adverse conditions have no ill chemists everywhere $1.50 per bot- effects upon them.

tle, six bottles $8. Nothing else is An actua example of this is the same pf just as good, so insist worth quietlig. A "Brotherhood" upon having Turbine at colliery was submerg- ed for six months during the British com atoppage in 1920. When the water level subsided to | the stop vake, however, the tur- bine was started up, and ran con- tinuously dewatering the mine for several week. :)

KALAN MINING

The total utput of the Kallan Mining Admistration's mines for the weeknding. February, 18 amounted to 1,464 fons, and the sales during the period to 66,449

Dr. Williams PINK PILIS

"A HOUSEHOLD NAME /

...M SE; COUNTRIES'

Drive a Trusty,

TRIUMPH"

the Motor that neue Te Jo

LARGE STOCK OF

WINTER GOODS

AT EXCEPTIONAL PRICES.

SWEATERS

Woollen Waistcoats & Vests.

FELT HATS

CAPS

NECKTIES GOLF HOSE

From $5.00 up. From $1.00.

In all, Colours & Designs. $1.50 per pair.

THE BAKILLY CO., LTD.

153-155 Des Voeux Road Central.

Job

PRINTING

Our business is to create beauti ful printing. Typography, choice of stock -every element that makes for more attractive book- lets. folders, etc. is produced here with the care that spells success. Exact estimates of cost. are offered on each job, regard less of size.

THE NEWSPAPER ENTERPRISE LIMITED

CHINA MAIL OFFICE

3A, Wyndham Street.

Hong Hong th

Telopho

Central 25.