Page
HONG KONG AND SHANGHAI | THE CHARTERED BANK OF
BANKING CORPORATION.
Buskarand Ospit
Jerod and Fully Bildup masa $96.000,00€ Bisarts Funday,
con una composes servom 3,590,(00)
Mitte
kemi
@1,2),(3
Kouatro Liabĺčky at Proprisions ........... @30,000.004
EBAD OFFICE: HONG-KONG
BOARD OF DINZÓTORA ----
1. A. Pascasse, Ron-
Chairmas.
Han, Ke, (), (3, 5). Machta.
Days China:
A. 11. Gumpton, Iowa. *
Hox. Ma J. J. Patterson,
, Bag,
. T. 11, B. dhaw. 59.
A. Lander Lanta, Kazi
J. F. Wacron: Mag:
Chist Manager.
Q. Michins, Kay.
JAKUSUK
V. M. Grayherd,
BRANCHE:—
LONDON
LION
KATATJA
JA SUUTTA
JULUKIO
J
OCHOW
ALPHONG
MALACOA
MANILA
KUALE (Johore)
MURDEN
NAGABARI
=NEW-TORE
PRIPINO
PENAND
KANGOON
RALKOIN
HAN FRANCISCU
SHAYOHJI
KAMBURG
BANKOW
1
RONOKEW
SINGAPOR
BGUBABATA
BONGKI PATAKI TASKININ
LUATU
TSINGTAO
مالدا
201
JJNGKA
K
**LOON
KALA LUMPUS
TOKUHAKA
Car Accruam opened in Local OnerecoT saved Deposits received for me par se konevar parloža in Local Durrelay and Beding en seat wilch will be quoted on application. Bung Krug, lat April, 1930.
HONG KONG SAVINGS BANK.
te Busts of the above flanke la roodize od 15, tha RONO KOWO AND BUANOKAI ANKING CORPORATION. Gay ba
smained uncapplication.
FOR THE HONG KONG A ODANGBAL ANKING CORPORATION.
V.M. GRANBURN,
Chalof sexagger.
Leung Kung, 17th stuel, 1994
NEDERLANDSCHE HANDEL -
MAATSCHAPPIJ, N.V. -
(XML ARRLANDS TRADING SOCIETY:
BANKERS.
Reablished 18.
* King Off-L′ Queen's Bond Ovsumi
Kaskariyad Daglia? mm. Özüžders 180,000,00-
Tak Üg Ongilal
($12,800,000.) Ollo0,000-
(06.000,007.)
Recorta Yud umum Dažādsen | 40,800,000
Land OChan (AMBI MRPAM).
Kaainen Hood Oos-BATAVIA.
#RANCHERI—–Beadnemusia Bandoung") Bone],
Baloutée, Cheriton, Djember, Disk- {charts")_The_Bagna")," Jaddah, Kabe, Kom Bádja, Kaisaar, Medan, Pedang Talentang
Fomina Hagen,
TANEMARS'),
Elghal. Ribolg
(Batatra) Blague, Voersbala Bowskate (Solt, Tegal, Tjtakap and Wiltercides."
Then, allows Jaro sale deposit bonus to let. London Bankers—Matlować Provincial Bank LAL
Petroagozadaude all over the work
Banking baalmaan of grocy
description, tennanviet.
A. STOKICINK,
Hong Kong, 18th April, 1900
Act. Muinger.
BANQUE DE L'INDO.CHINE.
HEAD OFFICE:
U6, Boulevard Hausman, Paris.
INDIA, AUSTRALIA & CHINA.
Incorporated by Royal Charter, 1853. HEAD OFFICE: LONDON. Paid-up Capitai
.£3,000,000
Reserve Fund.£4,000,000 Reserve Liability of Proprie-.
tore
£3,000,000
Agencies and Branches:
ALUH STAR
(Malay dialog
ANKITSAN
DANISOR BATAVIA
BUNDAY
. CALOUTTA
CANTON
CAWNPORE
UZBU
COLOMBO
DAIREN (Dažy
KUALA LUMPUR
KUCHING
MADKAR
MANILA
HEDIN
NEW YORK PEKINO
PENANG PESHAWAR
LANGUUN
BATOUN
BEMARANG
• South Hanoharia) - SEREMBAN
DELBI
HALPHONG
НАМПОНО
INKOW
GARDIN
N. Manchuria)
HÙNG XONG
ILUILA
ТРОН
MAHAGI.
KLANG
KOBE
KUALA BANGBAN
'Puruk (5.M.9.¿
SHANGHAI
SINGAPORE
HOURABAYA
TAIPING
(P.3.6.1
TAVOT TIEKTBIN
TOKYO
THE CHINA MAIL.
Commerce and Finance
SOUTH RHODESIA'S PROSPERITY.
Continuous Progress
*Achieved.
ITALY HIT BY
TARIFFS.
NEW
The Reply to America.
MOTOR-CAR EXPORTS...
Taciff. Preferences. Southern Rhodesia undoubtedly grants the most liberal tariff pre- foronces to British countries of any
Rome, June 19. part of the Empire. Under the One cannot help admiring the provisions of what is known as the sporting spirit in which Italy, is "Rhodes. Clause" (introduced by taking the double blow deult, to her Mr. Cecil Rhodes, the great Im-commerce, through the new tariffa perialist) in the Order-in-Council of brought in by France and America. 1898. it is provided, that -Customs Instead of complaining of her plight duties on goods from Great Britain and advocating retaliatory mea and Colonies which reciprocate shall sures, she is studying the remedy, not exceed rates then leviable under the Union Customs tariff of that time.
The Hon. F. D. L. Fynn, Treasur, er of Southern Rhodesin who is to attend the forthcoming Colonin Conference as delegate of his Colony, gave a representative of the General Financial-Times-some-interesting-proference-excooding 50 por
TONOKAH (Bhukw, TRINGTAC
YOKOHAMA
ZAMBOANGA.
[lippine Islands)
„Foreign Exchange........ and Banking business transacted.
Current Accounts opened and Fix. particulars regarding the financial ed Deposits received for 1 year or and economic position of this part shorter periods at rates which will of the Empire. be quoted an application.
A. II. FERGUSON,
Hong Kong, Btu January, 1920,
Mr. Fynn stated on this point:
cent of the present tariff duties is accorded to Great Britain, with the result that over 70 per cent, of the imports into Southern Rho- He stated: "Since Southern desia come from Great Britain and Manager. Rhodesia assured responsible gov- the Dominions, and the sentiment of the people of the Colony is ernment in 1923 it has made con- strongly in favour of maintaining siderable progress. Its finances the preference. A preference of 50 per cent, on motor-cars (10 per and 20 per cent. on British cars cent. on foreign cars) is leading to steady and growing increase in the importation of British cars into Southern Rhodesia, and if British manufacturers generally pay more attention to local conditions in the various parts of the Empire, as some are now doing, a larger place in Dominion and Colonial markets would be secured."
THE HO HONG BANK, LTD. are in a thoroughly sound position. The revenue of the Colony increased from £1,500,000 in 1923 to ap-
Authorised
Inqued
Paid-up
(Established 1917.)
CAPITALA
Resorve Liabilities,
of Shareholders Surplus
proximately £2,500,000 in the finan- .Straits $20,000,000
elal year ended on March 31, 1930, 8,000,000 4,000,000 without any increase of taxation. 4,000,000 The expenditure for the some seven 2,526,000 years did not increase to the same extent as the revenue, as the Colony bad an accumulated surplus at March, 31, 1930, of £300,000, testifying to the fact that the ag- gregates of the_budgets had been
HEAD OFFICE:—SINGAPORE. Branches, Agencies and Correspon- dents in the principal cities of the
world.
Every descriptica of Banking and Exchange business transacted.
..TAN ENG. HOOL
Manager.
THE
AMERICAN EXPRESS COMPANY,
INC.
Head Oflice: 65, Broadway, New York.
U.S.86,000,000 .U.S.$1,572,454 .U.S.$1,008,209
Capital Surplus
Reserves
BRANCHES
Apinteria Autwerk Atharti
Geo
Cilan
varis
Blaste
Berlin
Biarritz
Jakay
Theme
Homburg Javna Butertakes Jerusalem Jidu
Stre Saple Fiturus Prim Peng
Tumeks
Lusion
Huenos Aina
Isterpost
Calro
Calcula Eun t'olomba Trentinapis Came
Clinburgs
Firenze Circora
Corne 1.sigu Luxur Starecien Movila Carlo
Maukla
Xanich
Jer
Palermo Boltran Bullte He..both
Southampton
Horo
Mel Tentsin Viens Venice Arholma
Za Mich
Branches of American Express Company in Principal cities of Unit- ed States of America and Canada.
balanced on the favourable side.
no in-
Accumulated Surplus. "The accumulated surplus will be used for capital expenditure on government offices at Salisbury, the capital city of Southern Rhodesia, and will, of course, curry terest. The public debt of South- ern Rhodesia is £6,000,000, and a sinking fund of 1 per cent. will Bquidate the whole amount in 38 The Colony does not fre- years. quently approach the London money market for new loans, but last year it was able to raise £2,000,000 in London on the favourable terms of 4% per cent: interest, with 97.per cent. issue price, these terms being probably the lowest obtained by any part of the Empire since the War.
"Income tax rates in the Colony are probably the lowest in the Em- pire, commencing at 1s. on income
All classes of Commercial Banking in excess of £500 for bachelors and
Transactions undertaken.
Personal investment
accounts
Subscribed Capital Fra. 72,000,000.00 Paid-Up Capital ...Fr. 68,400,000.00 handled. Reserve Funds ....Fzx.102,000,000,00
Bangkok
BRANCHES:
Hong Kong Quiahoa Battambang Hue
Saizon
Cantho Mengtze Shanghai
Nam-Dini Singapore
Canton
Haiphong
Hankow
Djibouti Neumes Thanhen Fort-Bayard Papeste Tiuntain Peking Tourana Pnox-Pah Vinh Pondicherry Yunnanfa BANKERS:
Hanoi
IN FRANCE: Compiair National d'Escompte de Paris; Credit Lyonnais; Banque de Paris et des Paya-Bar; Croult Industriel et Commercial; So ciete Generale
IN LONDON: The Nationxi Pro
Tincial & Union Bank of England, Ltd.; Comptoir National d'Escompte de Paris; Credit Lyonnais.
IN NEW YORK: J. P. Morgan & Go. French American Banking Cor- Duration: Guaranty Trust Co. of New York.
Interest allowed an Current Ac ounts and Fixed Deposits according to arrangementa.
Every description of Banking and Exchange Business, transgeted.
Safe Deposit Boxes tv lat.
A. LECOT,
Manager.
Hong Kong, is May, 1929,
THE YOKOHAMA SPECIE BANK,
LIMITED
Established 1880,
Capital (fully paid-up) Ken 100,000,000 Reserve Fund
Yen 111,500,000
-[+ad* Odfc»>--TOKOHAMA.
Branchen and Agencies at:
Alexandria
Batavia Tambay Bossos Ayres (Temporarily _local).
Cridutta
Ostos
Changchun
Dafron (Dalny).
Nagoyak
Nawchwang
New York
Peking
Bazgion
Rio de Janeiro Batron -Ban-Franciace
Fenation (Kukden) Beattie
Hamburg. Hankow
Harbi
“Bazá· Konj
Hanololo
Kai Than
Kobe
1 Angsh
WAR
Depos
Semarang Shanghai
Shinongd Singapore Boersbays Bydasy
-
£1,000 for married persons, rising to 3a. about £5,000. There is no super-tax and the normal tax is
The Company offers to intending levied only on income derived from Travellers the use of its "Travelers sources within the Colony." Choques" and Letters of Credit and,
In addition, the world-wide services
Mr. Fynn attaches special im-
of its thoroughly equipped Travel Deportance to the satisfactory position
partment.
Affiliated with THE CHASE NATIONAL BANK
Resources ..Over G$2,500,000,000
E, W. DUGGAN,
Manager,
THE BANK OF TAIWAN, LTD.
(TAIWAN GINKO)
HEAD OFFICE:-Taipeh, Formosa
Incorporated by Special Imperial
Charter, 1899.
Central Dank in Farmon
of the external trade of Southern Rhodesia and to the substantial pre- ference granted by the Colony under its tariff to British Empire countries especially Great Britain. The combined external trade in the year 1929-30 of imports and exports was £16,000,000, double the 'figure recorded in 1923 (£8,000,000).
In 1929-30 imports and exports almost balanced, and in previous
years the tendency was for exports. to exceed imports. Of the total imports in 1929-30 (£3,000,000), the Union of South Africa, with which Southern Rhodesia has a.Customs agreement, was responsible for £3,000,000. The exports included
Bank-Blodse shed Areas amount.Yan. 64,000,000 minerals (gold, asbestos, chrome,
PAB)-Tok Toko
BRANCHES AND AGENCIES:
#DRM DEA 1-Ált
Kade, Ceske.
coal, coke and other items) of the
Katong Nants, Balchiku, Taicha, Tain value of £5,000,000, and agricultural Takao Tammi, Tongs Ballo, Talk ORIRA-Bang, ow, Amey Techos, products (including 'maize, tobacco,
Bystoy, Dining,
OTHERS-Hong Loo
Bemarang. DANT
Rondon, "Have Yorky Daiswar
LONDON BANKRDS:
The railways in Southern Rho desia are not Government-owned.
First of all came the news that France found it necessary to pro- tect her motor industry against American competition by raising her tariffa on cars from 25 per cent to 60 per cent.---The-sale of Italian cars in France has been increasing: rapidly since 1911, when only 295 cars were exported two years ago the figure exceeded 4,000. After the Germans, the French are Italy's heat clienta. About half that num- ber of French cars come on to the Italian market: It is an average of
from 1,500 to 2,000 cars per annum.
Italy suffers more than her neigh-i bour from the grip on hor market! gained by the cheaper American car. Last year the importation of
into Italy reached 7,000, being 25 per cent.
American cars
of the total oat. put of Italian cars, whilat In France the percentage is just half that amount. It will be interesting to watch how the Government will deal with the situation.
demand in
Far more serious is the question They are nominally owned by four of the American attitude towards companies, but as the British South European produco, because the in- Africa Company has the controlling crease on actual customs, varying. interest in the debentures compri- from 10 per cent. to 60 per cent.,; sing the capital of all the companies will render Italian goods prohibitive and one general manager controla except to millionaires. Her sales to the management of all of them, the United States represented 111⁄2 there exists for all practical pur- per cent. of all her exports, and poses a unified system of railways include the following goods, which in Southern Rhodesia. These rull-were especially in
hard cheeses, Ike ways. have always been on a paying America: basis. Interest payments on de parmesan; olive oil; tomato sauce; bentures are a charge on profits, mushrooms, etc., preserved under dividends are limited, and a reserve vinegar, and immense consignments
been es of lernons. - fund of £1,500,000 has
Industry, as well as agriculture, tablished. The Government derives
as Italy exported ¦ a certain amount of revenue from feels the blow, the operations in the form of taxa-marble (rough hewn and worked), artificial silk, felt and straw hats, tion on profita.
skins, and, above all, large quan- titles of gloves.
YESTERDAY'S SOLUTION
MAL
GLL. ADORË ROAN JONE HUTGALL CAVEL
OGR ALDIN ETA RSPARTAN E SLARE ROE ESS TILERS O LATES
D BROMMER VIK ANEAR RECOUNT · RE ARIAS
ESTI AROSC
Italy le marking out her line of defence. and hopes to meet this crisis as successfully as she met the Emergency Tariff Bill of 1921. The first thing she aims at is to lower still more the cost of production; then every effort must be made to substitute American articles bought in Italy, by home produce: and thirdly, she must gain new markets to replace the traditional ones which seem slipping away from her. She must-turn her attention to the requirements of South America and of Eastern countries. She has just signed a commercial treaty of a year with Egypt.
DAILY CROSS-WORD PUZZLE.
(This cross-word puzzle has been made by an expert but our readers are warned to look out for occasional phonetio
spellinge, such as harbor, plow, and altho)
15
18
10
[11
12
13
14
115
IB
123
126
ment and nuts) of the value of
Surabaya,
- Camik, | £2,000,000.
27
28.
Mr. Fynn stated that Southern
32 33
38
The London County Wasimiosine and Fan's Eaak. Rhodesia la much, interested in the production of tobacco leaf, the
The Bank had Correrpundesis to all equality of which compares favour-
Impal Oscamərdial Centre Ehroughout the
HONG KONG BRANCH,
K. MAGURA,
176. Da, Yang" Bood_Conligh Hong Kong, 10th Julber, 1920
THE BANK OF CHINA. 行銀國中
ably with the production in other countries, and the possibilities · of developing this industry are limited by the demanda of tobacco and cigarette manufacturers through- out the world. As the use of Rho- desfan tobacco in Great Britain In- creases, as is hoped with the con- tinuance of the preferential duty,
Keorgaalsed October 20, 1928, under no will the scope for placing settlers
special charter of The National Gov-an the land for the cultivation of ernment as an
this in conjunction with other pro- ducts widen.
INTERNATIONAL EXCHANGE
NET BANK
Subscribed Capital
Paid-Up Capital:
17$25,000,000.00 $24,710,200.00 +$9,820,503.82
Beserve Funds....
HEAD OFFICE: SHANGHAL
HONG KONG BRANCH:
́4, Queen's Road Central..
Owing to our numerous branches in Chias and large connections in the Important commercial centres of the world, we ate shle to extend toʻour. clients special facilities for domestic and foreign banking end exchange Ad We also handle the fade of. Banda
and other Pabllo Funds of the Chin toda ese Government, both at home and Hom.broad
SHOU
CHEN
THE BANK OF CANTON, LTD.
Established 1912.
Head OffcaHong Kong.
Autherland Gapljal. (EL.K. Chrenney) 1.BEL.000.000
Dangkok. New York and Gas Transtr SADA LONDON DANKERS 1–2 20. The Laryti Bink/Limited,
ZE COREZAFONDMETE ZA
Forsiga! exchange
LOOK POON
44
पठ
47
HORIZONTAL 1-Any mixture
A native of Boot
land, 8-Greater number
-Mimilda 11-A legislative body
(1,8.) 14 18-Unlocked
18-Exist
16–Make amends
18-Born (French)·
21-Consumed
19-A retreat
HORIZONTAL (Cont.) [88-Ameunt (abbr)
39-Carola? 41-Ocean,
42-Caught in a zelna 44-Poisoned by gas f MAN fùmas, |46-Middla of the day
47-Nourish
48-Apportion
49-Baures
VERTICAL
1-True
22-The fermented. Julos 2-A constellation
of grapon Street
23-Weight ranzuro
·25-A‚danos ́(PP)!;
A briütle and 6-A wrap
Opan (Post)
25-Réliased bn' parole7-Game played with
*23-A WagersAKERS
29-Erinare
12-Indigint
Paokots and Belle E-Nothing but E 10-Observed WRON
· 34-Famining name - 11-A rogis material:
cfiser than drave!
"15-Touchy
The
₤30
36
137
#
VERTICAL (Cont.)' 12-Grenk letter 18-Unit
THURSDAY, AUGUST 7, 1930.
ILLUSTRATED!
ILLUSTRATED !!
ILLUSTRATED !!!
SPECIAL COLOURED SUPPLEMENT with PICTURES of all local events
is given free in the OVERLAND
A
CHINA
WEEK'S PAPERS IN ONE.
LOCAL NEWS, CHINESE NEWS.
_and_all-the-NEWS.
The Weekly paper that saves you the trouble of, writing Home.
The financial situation in the Colony still continues to occupy the keen attention of the public. A proposal made at a Legislative Council meeting that rikisha and chair fares be increased, on the grounds of higher cost of living, was not adopted, however, it being pointed out by the Colonial Secretary that licence fees for these vehicles had only re- cently been reduced. Members of the Finance Committee, who met after the Council Meeling, criticised the alleged inactivity of the Government in its work of pushing on the construction of the new Central British School, A concise report, is included in the OVERLAND CHINA MAIL.
His Excellency the Governor was the guest of honour at an inaugural dinner aboard the s.s. Empress of Japan, the new liner of the Canadian Pacific Company. In a happy speech, which is reported in the OVERLAND CHINA MAIL, he wished the company every success in their new venture. Guests were afterward shown over the ship, which later was thrown open for Inspection to the general public.
Serious news arrived earlier in the weck from Changsha, which it was stated had been captured by "Reds." A later, and more reassuring report, stated that Nanking troops had recaptured the city. The OVERLAND 'CHINA MAIL carries complete reports of the incident, which at one time assumed a very grave aspect.
A Supplemental Vote of $300,000 will come up for con- sideration before the Finance Committee at its next meeting. Provision is also made for an extra vote for Kowloon Water Account, in connection with meters.
Local sport, as usual, is fully covered by the OVERLAND CHINA MAIL staff, current events being specially reported by experts.
There is no phase of the life of the Colony or of China that does not receive attention in the OVERLAND CHINA MAIL the weekly paper that YOU MUST ORDER NOW.
Letters to relatives and friends inj, lia, and Canada testify to the keen "other parts of the world frequently pleasure and interest its weekly
fail to be written even by the most arrival brings. ardent correspondents. It is a kindly thought, therefore, to ensure ceive this weekly budget, or to keep that those-away from the Colony, yourself ported with affairs during or folks at Home, should have an your absence, all that you have to to drop a note to the "Over- unfailing supply of Hong Kong
land China Mail”· and Chinese news every week-by) means of a subscription to the minder of the experience behind the The word "Overland" is a `re- Overland China Mall”
do
For your folks at Home to re-
production, having been publish- Without any trouble of packinged since the early days of the and worrying about the Post Ofies| Colony, be sent OVERLAND
on your part, and at the cost only because there was no Suez Canal, of $3.75 for three months, the and that was the quickest route "Overland China Mail", will be by which to get mail Home. In sent 'Home for you every week, the march of time the "Overland catching the mail regularly. [[China Mail" has become the only containe just the news, features weekly nowi budget which has á ant pictures from the daily "China coloured pictorial supplement with Mil" that make a studied appeal local photographe. It is made just
with али people
interest to suit requirements, as it has done towatsoever in Hong Kong, and all along. What more could be --many letters from Home," "Austra-} desired?...
*
READY TO-MORROW
Mail via Suez closes at 5 p.m., August 8. and via Siberia at 5 p.m., August 9.
SINGLE COPY
25 Cents.
INCLUDING SPECIAL COLOURED
PICTURE SUPPLEMENT
(Sold, on the streets and at the bookstalls or you can send your subscription to the office.HE. $15 per annum, or.
$16 including postage abroad. Half-yearly
or quarterly periods pro rataj
No. A. WYNDHAM STREET-PHONE 20022.
THE OVERLAND CHINA MAIL"
UNCLAIMED TELEGRAMS,
THE EASTERN EXTENSION AUSTRALASIA & CHINA TELEGRAPH CO., LTD.
The following unclaimed tele- gram is lying at the EE. Tele, graph Co. Oflice, Hong Kong:- Erpriorient, from Singapore.
17-Fertaining to the
Turku
8. LACK
Superintendent Hong Kong, July 31, 1980.
14-Act
|20-A habitual dreskerd. 22-Walks Jo water. 24-Masculina,naika JAK (short) (54 $20-An anclosura 27-Extend over
||30-Agitated. 31-Pertso 33-Fronsa 34-Among (Post.) 35-Urga 37-Tall grass stám |19-Dispatched\"
40-Free from danger 43-Part of foot 45-Observe
on of the above-cross-word pussle toll appERY: in
THE GREAT NORTHERN TELEGRAPH CO, LTD. OF DENMARK.
The following unclaimed tele- grams are lylug at the office of the Great Northern Telegraph Company (Limited) of Den mark
"Ragwort: from Shangħal.
Unimant, from New York.
· Lymani... Dairy Farm, from Shanghat
E. V. JESSEN.
Superintendent
Hong Kong, July 30, 1930
STANDARD TIMES
Sunrise and Sunset in Hong Kong for August (Standard time- of the 120th Meridian, East of 'Greenwich) are as follow:
Sunrise Sunset.
August
a.m. p.m.
5.57.7.01
8
5.57 7.01
9
5.58.. 7.00
5.58 6.59
5.58 6.59
5.59 6.58
5.59 0.57.
5:59 6.56.
6.00 6.55
18
6.00 6.54
6.01 6.54
6.01 6.58
0.02 6.52
6.02 6.52
.6.02 -6.81
6.03 6.50
8.08 6.49
6.03 6:48
9.08 6:47
-0.04 26.46
6.04 6.45 46,048.44) 10.04 -6.48 8.060.43 *0051843
No comments yet.
Private notes are available after approval.