1930-04-11 — Page 2

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HONG KONG AND SHANGHAI BANKING CORPORATION.

Valberbond Capital

Jased and Pulty Puidup $30,000,000 Becerra Funda; me

Blizg

--- 19 10 --- $6,500,000

Biya sa ka.....||9,500,000 Beserve abdity of Propellors 3,008.00

HEAD OPPICE: BENO KONG

BARD OF DIRECTORS)--

J. 1. Plummit, Zeg.

W. H. Bet, Kv.

Chairmas.

U. M. Mackio, Kan.

Deputy Chairma

A., Compton, 1*1- B. Lander Lenin, Kar!

1. Miki, B.

נפצת

MAROKOK

J.J. Paterson, Kaq.

T. Parcs, Esq.

T., B. Nhaw, Ka[.

1. P. Warren, Eng.

Arting Cliet Manager. V. M. Grayburn, Kuq.

DRANCHES:--

LONDON

LYONJ

MALICI

MANILA

BATAVIA

BOMBAY

CALCUTTA

MUA Jahere

ANTON

CHEFOO

KOLOMBO MADEN

MURDEN

KADIJAKI

NEW YORK

PEITING

PENING

DANGOON

BAIGON

BILAND FLAI

FOOOHUW

HAIPHONG

HAMZUBO HANKOW MARBIN

BAN FRANCISCO

HONGKEW

110110

INH

JOKOBE

гови

KOTZOON

KUALA LUMPOS

BINULPOAM

BOUBIDATA

ЗОКОВІ ГАГАНТ TIENTIN

TOKIO

гsinorao

YOKOHAMA

Devreni dowung opesad la Lonal Currency and Fixed Deposita rosived for oca par, or

skerier poeica la Loosi Curtaboy and Barting a terms which will be quoted on appilail

HONG KONG SAVINGS BANK.

The Business of the shore Esak le soodsat

by the HONG KONG AND HANDBAL ANLING CORPORATION, Hules may b stained na Malation.

FO THE KONG HONG BRANGBAL BANKING CORPORATION,

V. M. GRANDCHEN.

Arting Chief Maga

Mong Krog, Wah Starch, 154

NEDERLANDSCHE HANDEL. MAATSCHAPPIJ, N.V.

(NETHERLAND TRADING BODIETZ) DANX288.

Established

Hong Kong (Bow:-1# Quma's Bond Central,

Agtherland Capital

Quilders 20,000,000- 1213.000.000.1 matuto. QuiIZA #0,000,000. (20,806,667,1

{43,805,880.)

Pall-paglil

Beste Fund Quilder 40,000,000-

Bond (on:-(AMSTERDAM"). Eastern Head Ofom:-BATAVIA MAXRED-Bandierania Bandong") Bombay, Calcutta, Charibor Djember, Diok jakarta') The Haga"), Jaddah, Kobe, bate-Iladje, Makassar, Modon, Padasa | Palembang, Patong Pansag Point Bangoda terdam'), HECODEBAS"), Shanghai, Bibel (Humatra), Blagtpore. Fourso Sorakarta (Bole, Ingal, Takup and Walsavridan.")

"Thane alicen have anla depoils born in lat. Linden Bankers-National Facial Bach Lad

Correspondence all over the world

Beaking businus o sve damasion transacted.

P. H. ELDEN

Kong Kong, Thin May. 1929.

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

Incorporated by Royal Charter, 1858,

HEAD OFFICE: LONDON. Paid-up Capital

Reservo Fund

.£3,000,000

..$4,000,000

.......£3,000,000

Reserve Liability of Proprie

tot

Agencies and Branches:

ALON STAR

(Malay bohs)

AMRITSAR

BANGKOK BATAVIA BOMBAY DALCUTTA

GARTON

DAWNTORN

CEDU

DOLOMBO DAIREN (Daar

Bouth Manoharis)

DYLI

ПАРНОКО

HAMBURG

HANKOW

[N. Nanohuela

ILOILO

HARIN

HÙNG XUNG

KARICHI

KLANG

wo

Корв

KVALA KANOBAB

Forsk (F,M.B.)

XUALA LUMPOM

KUCHING

MADILAN KAMILA MEDAN NEW YOM PEKING

PENANO FESKAWAR BAKOOOK SAIGON BEMARANG SEREMBAN BETA NOHAI ВІКТАРОЛЯ SOUMA Bari TAIPING

(P.M.8.) TAVOK

TIENTSIN TOKYO

TOROKAH Dhakary TSINGTAO YOKOHAMA

ZAMBOANGA

(Phlipples Islands)

!

COMPANY REPORT,

THE CHINA MAIL.

COMMERCE

Hong Kong Engineering & Construction Co.

The report of the Board of Direc tors to be presented at the Eighth Ordinary Yearly Meeting of Share holders to be held St. George's Building, Chater Road, on Tuesday, April 22, at noon, is as follows:

Accounts. Your Directors herewith submit of accounts and balance sheet for the year ended

++

statement

Foreign Exchange and General December 31, 1929. Banking business transacted.

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

*

A. H. FERGUSON,

Manager Hong Kong, 8th January, 1929.

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

CAPITAL.

Authorised Issued

.$20,000,000 9,000,000

AND

FINANCE

RUBBER TAPPING.

Suspension to Take Effect Next Month.

Amsterdam, Yesterday. The Dutch Rubber Producers" Committee, in a statement announc ing that the suspension of tapping in May has now come into effect, adds that measures must be taken to ensure that tapping during April, June and onwards shall not exceed the normal-Reuter.

PHILIPPINE TRADE.

New Year.

After writing off $62,827.43 for depreciation, which has been charged in the Working Account. Indication Excellent for the Profit and Loss Account for the year 1920 shows a debit balance of $137,856.62. This added to the debit balance at the end of 1928, namely $5-42,576.45, makes a total debit balance at December 31, 1929, of $680,433,07, which it is | proposed to carry forward.

Directors.

Although the Anal Philippine trade statistics for 1920 are not yet available such figures as we have indicate that 1929 will

compare favourably with 1028 which, it will be remembered, was a satisfactory year, says the Manfla Times.

Mr. R. G. Shewan resigned from the Bureau of Customs, the total trade According to figures published by the Board on December 31, 1929.

The Hon. Mr. J. P. Braga acted ten months of 1929 amounted to ap

of the Philippine Islands for the first Paid-up this

1,000,000 for Sir Robert Ho Tung during the proximately P528,000,000 as compared Reserve Liabilities of

Jatter's absence from the Colony with P480,000,000 for the correspond- Shareholders

4,000,000 from May 21, 1929, to October 21, Ing period of 1928. Surplus

The total Imports 2,218,000 1929. On Sir Robert Ho Tung's were roughly P282,000,000 and the ex- BRAD OFFICES: SINGAPORE. Branches, Agencies and Correspon return to the Colony the Hon. Mr. ports P275,000,000, representing in denta in the principal cities of the J. P. Braga was invited to a seat creases of P26,000,000 and P21,000,000, world.

on the Board in his own right, respectively. On their face, these Every description of Banking and This appointment requires Exchange business transacted,

firmation by the shareholders, TAN ENG HOOL

Sir Robert Ho Tung, Kt., Manager. Hong Kong, 15th May, 1919,"

Mr. J. T. Bagram retire by rotation, and, being eligible, offer them selves, for re-election.

THE BANK OF TAIWAN, LTD.

(TAIWAN GINKO)

HEAD OFFICE:-Taipeh, Formosa

Incorporated by Special Imperial

Charter, 1899.

Central Bank la Fermom Baal-Notse lesed Arwzgs amount. .....Yex, 18,500,000 BRANCHES AND AGENOLES JAPAN:Takro, Yokohama, Kobe, Denia, FORMURA

Kagi, Karenko, Kaslung, klakong, Wanko, nekiko, Taisks, Talman, CHINA 1—ƐasDgANİ,

„Takso." Thusní," Town, Hallo, Twin

Hankow, moj, TowhowN

Hiwalow, Csalon. OTHERS Hong Kong, Hingagen,

Semarang, Dala Bombay, Londoa, New York Dairen

LONDON BANKERS I

saga, Caluma,

The Loudon County Westminner and Far's Bank

Auditors.

con-

and

The accounts for the year have been audited by Messrs. Lowe, Bingham and Matthews, chartered accountants who, being eligible, offer themselves for re-election.

The Bank in Correpondente in all the pa

népal Commercial Contese shrangbon), “The world

K. MAGUIA

HONG KONG BRANCH, Manage.

1. Da Varus Bood Central Hong Kong. 10th January, 1999.

BANQUE DE L'INDO - CHINE.

HEAD OFFICE:

96, Boulevard Haussman, Paria.

Subscribed Capital Fr. 72,000,000.00 Paid-Up Capital...Fra. 08,400,000.00 Reserve Funds ....Frs.102,000,000.00

BRANCHES:

Bangkok Hong Kong Quinhon Battambang Hue

Canthe Mangtze

Saigon

Shanghai

Canton Nam-Disk Singapore

Djibouti

Haiphong

Noumea Thanhea

Fort-Bayard Papeste Tientsin

Peking Torass Pnum Penh Vinh Pondicherry Yunnanfu BANKERS:

Hankow

Hanoi

IN FRANCE: Comptoir National d'Escompte de Paris; Credit Lyonnais; Banque de Paris et des Pays-Bas; Credit Industriel at Commercial; 30- clete Generale.

RUBBER TRADE.

Markets for British Тутев.

figures indiente a very satisfactory state of affairs although on closer examination they are not perhaps as cheerful as they might be.

The business community at Manila watches the rise and fall of Philippine commodity prices with the kernet In- terest, and local prosperity rises and, falls in unison with them. But aside from a certain amount of laudablo cau, tion in the making of new commitments industry has been and will probably for the future, the course of trade and

continue to be an even one.

Feeling of Rellof.

The general feeling has been one of relief that the effect of low commodity prices has so far been confined to com- paratively narrow limita and that the downward trend failed to bring more serious results then have already been The first half of 1920 experienced. ning well ahead of 1028. From January showed both imports and exports man- to June, exports totalled P150,000,000 P188,000,000 for the same

London, Yesterday. The absorption of crude rubber by the United Kingdom mure than doubled in the last four years, saye against

report by the Imperial Economic period in 1928 while imports were Committeo on trade in rubber P124,000,000 ogainat P109,000,000 manufactured goods. The United This, means good business and general Kingdom is now second only to the prosperity. United States as an absorber of

THE BANK OF CANTON, LTD. crude rubber.

Established 1912.

Head Ofite-Hong Kong..

Authorised Capital (H.K. Currency) ...$3,000,000 Pild Up Capišal mus

armann 1964,308

BRANCHES — Canon Bhanghal. Banton, Swdaw,

LONDON BANKEHS 2000.

The Lloyd's Bank Limited.

OGARESPONDENTH

gt_the_Wartă.

In il principal disbaking bal

Foralen exchanES

My descifion med.

Hong Kong, 8th April, 1930.

THE BANK OF CHINA. 行銀國中

1

Although the general Impression in that the second half of the year will show disappointing returns, so far as

Leading Creps.

FRIDAY, APRIL 11, 1930.

WHITEAWAY, LAIDLAW & CO., LTD.

Spring Millinery

FOR

EASTER

JUST ARRIVED

An Elegant

Assortment

OF

READY-TO-WEAR HATS

STYLE RIGHT.

PRICES RIGHT.

CALL AND INSPECT.

WHITEAWAYS

TRADE STIMULANT.

Attempt to Popularise Hire-Purchase.

financing of hire-purchase or instal- ment-plan trading.

The report shows that about 75 the available statistics go, the situa per cent. of raw rubber used in the tion is not too bad, with imports for Industries of the world was ab-the July-October period of approximate- sorbed to manufacture tyres, which y P100,000,000 against P97,000,000 for, accounts for about 85 per cent. of 1928. Exports of P83,000,000 agzinat the total consumption in the United P90,000,000 for 1028 are not

The Bank of England has arranged entirely for the subscription of £500,000 new States. Four of the most Im-satisfactory of course, and one would capital for the United Dominion Trust," Bangkok, New York and Han' Franken, portant markets for British. tyres profer a reversal of the comparative Limited, which specialised in the

are India, South Africa, the Irish figures if possible. Free State and New Zealand, while

Much concern is felt Argentina. Spain and Germany

The Trust was founded 11 years ngo among copra hend the United States list.

men as to the effect of the leaf miner, as a commercial banking house to serve Bala Deponii Bora (quzicos. Kant) në a panely

The opinion of the report is that but sugar people report that the crop British trade. The company's present. LOOK POONG SHAN,

now being harvested will be a most capital is £250,000, the original capital standardisation is one of the most antisfactory one, probably na much as of £100,000 having been increased to Chief Manager pressing needs of the industry. 727,875 metric tons against 090,899 that amount in 1924.

For example, over 150 different tons the 1928-29 crop. If we could Mr. Edward Shortt, a former Home types of tyres are required to meet but have a satisfactory price for sugar, Secretary and at present President of the needs of cars la the United say P10 per picul, the prospects would the Board of Film Censors, is a dirée- Kingdom alone. "Recognition all be rosy indeed. Shipments of hemp for tor. For the last four years the Trust over the Empire of common stand-1920 totalled 1,582,000 bales against has paid 74 per cent. dividend. ards and specifications for the 1,897,000 in 1928. A good demand from The Bank of England's action is re- same goods would excrelse a potent Japan is anticipated for 1930 and its participation in financing industry the rope trade in America, Europe and garded as the first definite instance of influence on the growth of inter- unless unforeseen difficulties arise, since Mr. Thomas foreshadowed such a Imperial trade."

steady and healthy business is anti-departure in his speech at Manchester. The report concludes that it is to cipated at prices which will insure other uses of raw rubber than tyre growers and exporters a fair proft. Subscribed Capital....$23,000,000.00 manufacture that the rubber indus. In more highly developed countries, Interest allowed on Current Ac-Pald-Up Capital ......$24,710200.00 try must mally look for expansion building activity is considered one of counts and Fixed Deposits according Reserve Fanda

$ 2,820,603.82 in the future-Reuter.

The House of Representatives has HEAD OFFICE: SHANGHAL

VANCOUVER STOCKS.observer will have noted the amount passed the second readings of three and Importance of new construction in Bills for referenduma inviting the the city of Manila. It is reported that people to grast the Federal Govern- Little comfort is discernible to share several Important new projects are ment complete power to amend the holders in the course of trading on the aflost and it is expected that 1080 Commonwealth constitution, au- China and large connections in the continue to weaken daily, the recession struction and prosperity go hand in and to control trade and commerce.

them advanced. Owing to our numerous branches in Vancouver Stock Exchange, as prices will see

New on thority to control Industrial affairs, THE YOKOHAMA SPECIE BANK, important commercial centres of the taking the form of real slumps in some hand.

world, we are able to extend to our issues. Royalite, which touched a high ellents special facilities for domestic record of $200. last year, lost 13 points,

IN LONDON: The National Pro vincial & Union Bank of England, Ltd.; Comptoir Nations] d'Escompta de Paris; Credit Lyonnait.

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

to arrangements.

Every description of Banking and

Exchange Business transacted.

Safe Deposit Boxes to lat.

A. LECOT,

Manager.

Hong Kong, 1st May, 1929.

LIMITED.

Established 1880. Capital (fully paid-up) Yen 100,000,000 Reserve Fund

Roorganised October 26, 1928, under special charter of The National Gov

ernment as an

INTERNATIONAL EXCHANGE

BANK

HONG KONG BRANCH:

4. Queen's Road Central.

the principal. indices of general bual- ness conditions. Even the most casual

No Financial Stringency.

There is no financial; stringency, in i

AUSTRALIAN TRADE,

Canberra, Yesterday.

-Reuter.

and foreign banking and exchange. dipping to the low figure of $25 on the Philippine Islands and merchants Is Your Baby Gaining Weight?

We also handla the issue of Bonds and other Public Funds of the Chin

ass Government both at home and Yea 111,500,000 abroad.

SHOU J. CHEN,

Head Ofco:-YOKOHAMA.

Branch and Agendes uti Alexandzia

Batavia sa Bombay

Buenos Ayran

(Temporarily. slorad). Calentia

Danton

Changchun

Dairen (Dainy)

Nagoya

New York

Newchwang

Osaka

Peking

Hong Kong, 6th March, 1930,

February 24,

bave found no dimoulty in Anandng

By Baby's Own Tablets.

ness is being done by any of the brokers have been operating on an even keel

The fact that no more margin buat their legitimate requirements. Banks How Backward Bables Are Helped belleved to be the reason for the loss and no uneasiness need be felt on this

When an infant falls to steadi-

of trade. One broker has stated that score. Deposits have generally in-{ Manger if they were to put up the 60 per cent creased, testifying further to the essen.y gain weight the cause usually margin sign again they could handle tlal soundness of the business and finanis malnutrition, the digestive or all the business desired, but he added clal structure. THE BANK OF EAST ASIA, LTD. that they had no intention of doing so

gans are not doing their work Importers report 1929 as a generally properly. In such cases---where because the banks will give accommoda- good year with the first half better the stomach or bowels are at tion no longer to enable brokers to comthan the second, however. Autemobile fault-all that is duct margin business. Some brokers salta are expected to be about the same usually, to set matters right is Recessary, are now making a deadset on margin ac as 1928. Machinery is better and food-the administration of a few doses count, demanding they be paid up stuffs as good or better than 1928, $10,000,000 within a few wenica. E

5,000,000 1,750,000

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

Rangoon

Rio de Janeiro

Baigon

Authorised Capital

Fald-Up Capital Деватта

Ban Francisco

Fangtien (Mukden) Seattle

Hamburg

Hankow Hazbyla

Eone Your

Honolulu

Kel Yuan

Kobe

Semarang Sheoghal Shimerosek! Singapore Boersbaya

BRANCHES AND AGENCIES

Batavia Melbourne San Francisco, Bombay Nagasaki Beattie

Calcutta New York Betarang.

Canton Osaka

Haiphong Paris"

Bingapor

Honolulu Pelping

Sourabaya Bydney 20

Kebe Fenning -Talpan Kowloon Rangoon

Tiontain: London Balgon *Tokto

Mantis, Shanghai anda

Correspondents in wall elfies" of the works 50

Every description of Ba thechanga business tra granted on approved

BAFE DEPOSI

THE INDUSTRIAL & COMMERCIAL

*BANK, LIMITED.

- U HEAD OFFICE:

12-14 Queen's Road Central Hour Bong

Shanghel, Hankow, Canton,

Christmas trade on the Escolta of Baby's Own Tablets, the plea (Manila's shopping centre) was ro sant-tasting medicine especially. ported good and even the piece goods designed for the use of bables and business which has been in the dumps little children.

for months is said to be looking up, Guaranteed absolutely pure and although the situation here is not yet harmless, these Tablets are Just all that it should be

the right remedy for infantile in- All in all the situation calls for no digestion, vomiting, wind, con- alarm. In general, inventories are Bot large thanks to the hand-to hand buy stipation and colle. They quickly ing that has obtamed here the past few check diarrhoes, reduce fever, re- years. And although it would probably llevo croup and colds, expel- be unreasonable to expect say thing outworms, allay the pains of teath standing for 1980, at the same timing almost as it by magic, qulet reasonably optimistle attitude world the nerves and promote health-

price of Philippine

hemp and

Jead atne

restful sleep!

Your chemist sells Baby's Own Obostyfree: 60 cents the Omit Dr.2Williams Medicina

AT PRESENT OUTDOOR WORK ONLY

K. FUJIYAMA

PHOTOGRAPHER.

NIGHT PHOTOGRAPHY AND EN. LARGEMENTS A SPECIALITY, ENLARGEMENTS CAN BE MADE FROM ANY. PHOTOGRAPH. NEW, OLD OR FADED.

WEDDINGS GROUPS AND INTERIORS A FEATURE.

SPECIAL ATTENTION GIVEN TO DEVELOPING, PRINTING AND ENLARGING AMATEURS* PHOTOGRAPHS AT A VERY

MODERATE CHARGE.

PROMPT DELIVERY GUARANTEED.

I can give you'as good results as any Photographer in the City and better than 95% of them TEMPORARY OFFICE:

3rd FLOOR, 117, PRAYA EAST, HONG KONG.

Fine A Colonies of cost- qums before divin fections with Form salat,, ZRAN

The same plate after 2 disinfection with: Farmamint.. Aligarh - Gro de

The Dust Peril

With the dust you inhale illions of dangerous germs, which can be the cause of many diseases.

Take a Formamint-tablet whenever you are in dusty places. Formamint will. destroy the germs in mouth and throat, cure the soreness and prevent infectious. diseases such as Influenza, Tonsilitis, Scarlet Fever etc.

Keep your mouth clean- () -- and your breath sweet.

FORMAMINT

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