1931-03-30 — Page 2

BANK S

HONG KONG AND SHANGHAI BANKING CORPORATION.

Authorised Capal

$50,000,000

Head and Fully Paid-ap 20,000,000 Bameve Pundi s-

Berling............. 6,000,000

filler

(10,000,000

Marta Lablity of Proprietors. $30,000,000 HEAD OFFICE, HONG KONG.

BOARD DY DIRECTO381-

Mor. Me. C. G. 8. Mackin, Chatzman.

Hon. Mr. J. J. Paterson, Deputy Chairman,

YO. 1. Ball, Esq. T. E. Pearce, Faqi

'A. II. Compleo, Eur. 2. A. Flummat. Esq.

D. Landar Lewis, Esq. T. l. I. Bbaw, Esq.

a. Muxa, aq,

ANCY

BANGKOK BATAVIA BOMBAY

CALCUTTA

CANTON ONEPOO COLOMBO

J. P. Warren, Esq.

Chief Manager,

7. M. Oraşburn, Bag,

DAIREN NOOCHOW HAINKONG

MARDUNG

JANKOW

HARBIN

HONGKEW

ILOILO

iron

JOBORE

KOBE

KOWLOOS

BRANCHES:—

KUALA LUMPUR

LONDON

LYONK

MALACCA

MANILA

RUAR (Tabors)

MURDEN

SADASAXI

NEW YORK.

PEIPINO

FENANG

BANDOOR

SAIGON

НАМ КЛАНСISCO

BHANGITAL

SINGAPORE

SONRAUAYA

HUNGEL PATANI

TIENTUIN

TOKTO

THINOTAU

YOKOHAMA

IN

Cure Accoutte opstad in Local Currsavy and Pized Deposits received for one your Di sier pariode in oval Currapey and tarling ma lens which will be quoted on application. Long Kung. 28th February, J.

HONG KONG SAVINGS BANK.

The Dusime of the abors Back is conduct. by the NG KONG AND BANGISA! BANKING CORPORATION, Bulon many be shained on application.

FOR THE HONGKONG AND SHANGHAI BANKING CORPORATION,

V. M. ORAYBURN,

Hong Kong, 18th July, 1909.

Chlat Manager.

BANQUE DE L'INDO-CHINE.

READ OFFICE:

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA. Incorporated by Royal Charter, 1858. HEAD OFFICE: LONDON. Pald-up Capital

THE HO HONG BANK, LTD,

* {Established 1917) HEAD OFFICE: SINGAPORE. Hong Kong Branch: 13, Queen's Rd. C.

Authorised Capital Straits $20,000,000 Issued Capital .... Paid-up Capital ... Reservo

Resorvo Fund

.£3,000,000 .£4,000,000

Resorve Liability of Pro

prietora

Liabilities

.£3,000,000

of Stareholders.

Agencies and Branches:

Surplus

ALOB STAR

HUALA LUMPUR

(Malay Bates)

ECOUING

AMUTHAB

MADRAS

MANILA

KEBAN

NEW YORK

BANGKOK

DATAVER BUKDAY GALGUITA

CANTON CAWNPORE OKDU

COLONDO

DAIREN (Dalay

South Haachurke)

DELMI

HAIPHONG

HANNUTO

HANKOW

KARDIN

(N. Manchuria?

HÙNG KONG

ILOILO

IPOR

KARACHI

KLANG

KOUR

KUALA KANGSAR

(Terak FM.6.)

PEKING

PENANG

BANUDON

HALGON

SEMARANG

BEDSM BAN

BHANGHAI

BINGAPORE

ROUBABAYA

TAIPING (P.M.B.)

TIENTSIN

TOKYO

TAVOY

TSINGTAO

TUNGKAN (Duke)

YOKOHAMA

ZAMBOANGA

(Fipplae Islanda)

Foreign Exchange and General Banking business transacted.

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

A. H. FERGUSON,

Manager. Hong Kong, 8th January, 1829.

THE NATIONAL CITY BANK

OF NEW YORK.

HEAD OFFICE: 55, Wall Street, New York.

Capital, Surplus and

Undivided Profits..U.S.$224,654,298

Branches in:-

ARGENTINE

BELGIUM

BRAZIL

CHILE

LONDON

MEXICO

PANAMA

PHILIPPINE

ISLANDS

PORTO RICO

STRAITS

PERU

CHINA

COLOMBIA CUBA

DOMINICAN INDIA ITALY JAPAN

REPUBLIC

SETTLEMENTS URUGUAY VENEZUELA

14, Boulevard Hansemann, Parts.

Subscribed Capital Frs. 72,000,000.00 Pak-Up Capital...Fr. 88,400,000.00 Commercial and Travellers' Letters Reserve Funds Frs.102,000,000.00 of Credit, Travellers' Cheques, Bills of Exchange and Cable Transfers bought and sold. Current accounta and Savings Bank accounts opened and Fixed Deposits in local and for- eign currencies taken at rates that may be ascertained on application to the Bank,

BRANCHES: Bangkok Hong Kong Quinhon Battambang Hue

Balgon Gantho Mengtzo Bhangbai Nam-Dinh Singapore

Canton

Djibouti Noumea Thanhea

Fort-Bayard Papeeto

Haiphong

Hankow Hano!

Tientsin

Tourane

Peking Pnom-Panh Vinh Pondicherry Yunnanfa BANKERS;

+

IN FRANCE: Comptoir National Escompte de Paris: Credit Lyonnais Banque de Paris et des Pays-Bas Credit Industriel et Commercial; «Es- clate Generale.

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

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

Interent allowed on Current Ac- counts and Fixed Deposits according to arrangementa,

Every description of Ranking and Exchange Business transacted.

Safe Deposit Boxes to let.

A. LECOT,

We are also able to offer our Cus-' tomers the services of the Branches of the International Banking Corpora- tion in San Francisco and Spain and New York (France), 9.A., in Paris also of The National City Bank of and Nice.

world.

THE CHINA MAIL.

IT

8,000,000 4,000,000

4,000,000 2,320,000

H

Every description of Banking Exchange business transacted.

TAN ENG HOOI,

Manager.

Commerce and Finance

NORTH BORNEO.

LARGE TIMBER

SALES.

MONDAY, MARCH 30, 1931.

List of German Exporting Manufacturers

Looking for Trade in China.

INCANDESCENT LAMPS for PILSATOR-Export-beer of beet Potroleum, Gasoline, Benzine quality for the tropics in bottles and a.5.0, from 200-1,500 candlo- barrola. Loewenbrauerel-Boehmisches power.Standard-Licht-Gesells-

Brauhaus Akt Goa, Berlin, No. 18. chaft, Frankfurt a.M. Cata- logue. 20 free.

Expanders, Dumb-bells, Table-Tennis, Bye-shades, unrivalled in quality, parformance, price! 25 years' ex

Sandow Grin- Apparate perience. Herbert Moll G..b.H., Berlin C2. Tel. Sandowhell,

TABLE-TENNIS BETS.-Balls, Bats, Maker of Toys and Accessories. Sports articlos. Franz Krebs, Hann- over-Hainhola 19.

BRIGHT STEEL BOLTS and NUTS, TUNGSTEN-MOLYBDENUM:-Acid, etc.-Cylinder Stude and Turned metal roda, mould pieces of all kinds. Parts for Motor and general Ex- Spec. Tungsten-Contacts for electric

gineering Trado, High-class quality, engineering industry and magnetos. Electro-Chem. Fabrik - Volt, Ltd.,

keenest prices. Paul Schlinghof, Worder a.II.

Dusseldorf 50.

1928. The timber resources of British North Borneo are largely controlled by the British North Borneo Timber Company, In which the Chartered Company itself has a large financial interest, but tim- Borneo, the third largest island bor-cutting licences are granted. Branches, Agencies and Corro pan. dents in the principal ettles of the in the world, is largely owned by The timber company owns two

the Dutch; but some 83,000 square fine saw-mills at Sandakan. and miles are under British protection. { North Borneo has a small coal comprising the States of Sarawak, industry on the east coast, and North Borneo, and Brunei. North prospecting is tolding place for Borneo, a country about the sizo petroleum, of which indications of Ireland, is administered by the are to be found la many parts of British North Borneo (Chartered) the Stato. Gold is found on the Company, in London, and since the east coast in the form of fine al- granting of the Charter in 1881 the luvial dopoalta. Iron ore, copper ism

looting continues. revenue of the country has risen pyrites, chromite, and manganeso Several Hindu goldsmiths' shops| from £9,500 to £462,000 (the latest ores also occur, and the Chartered were burned yesterday and a figures), while during the Aame Company encourages the develop total of 200 houses was gutted. period ita trade has increased inmont of the country's mineral re- Some panic prevailed in Allaha- value from £110,000 to over sources by granting prospecting bad. To-day several shopkeepers £2,300,000, writes a correspondent permits and licences.

are removing their stocks.-~-~

NEDERLANDSCHE HANDEL- MAATSCHAPPIJ, N.V.

(NETHERLANDS TRADING BOCIETY)

Severe Pund

BANKERS,

Established 1834.

Hand Qfles1—AMSTERDAM' Eastaro Head OM041-BATAVIA.

BRANCHES:- Dandlersal. Bendoena Bomber. Caletta, Oberibon, Diambar, Dick {akarta" The_Bagus", Jeddah. Kebe, Kota-Radja, Makassar, Medan, Padang Palembang, Petaloogaz, FYDDI

Banarnog

العطور Bis

and

Irwin Leaves,

New Delhi, Saturday. Lord Irwin made a memorable

leave-taking on the occasion of his last appearance in the Legislative Assembly, being greeted with pro- tonged applause.

He delivered a brief but formal a small con-

lang Kong Ofori-là, Queen's Bond Central, Authorlard Capital

Guldare £50,000,000-

of the Times Trade and Engineer- At the time of writing North Reuter. (13,500,000.3 Fall-Up Capital Galiden 50,000,000ing Supplement.

Borneo has suffered a loss by the (26,060,170) Bulider" 48,016,000 Agricultural development is al-death of its able Governor, Mr. |

(25,614,189)

most entirely responsible for the J. L Humphreys, at the early ago present prosperity of the country of 48; but the appointment of Mr. First and forenfost in the list of A. F. Richards, Under-Secretary to its resources is rubber, which the Federated Halay States Gov- since its introduction into the crament, has proved generally Pouliazar, Bango Bold country in 1905, has completely popular, and there is no doubt that Bibelousted tobacco as the staple pro the country will continue to gain Singapore, Вона дала Boerakarta (Bolc), Tegal, Taja saduct. Somo 30 companies, ropre in prestige and prosperity under

senting Я capital of nearly his administration. £4,000,000, are now engaged in the North Borneo is capable of great industry, and over 15,000,000 of expansion in view of its natural the commodity was exported in resources and the satlafled position 1928, дв compared with only of the natives under British rule. 4,000lb in 1907. The climate of Wisely governed by the Chartered Borneo is eminently suitable for Company, it now needs only the the growth of rubber, and the in- Interest of a few far-seeing capi dustry is now firmly established talists to increase still further its

commercial value to the Empire.

Weltevreden.

• This shoes have safe depoali bozee to lab. London Bankara 2---National Provincial Bank Lad. Correspondents all over the work) Deaking Vosiness of every description irapucíad.

4. STOKKINK,

Leting Manager,

Hong Kong, 18th August, 1080,

THE BANK OF CHINA.

行銀國中

Reorganised October 26, 1928, under special charter of The National Gov. ernment as at

INTERNATIONAL EXCHANGE

BANK.

HEAD OFFICE: SHANGHAL

HONG KONG BRANCH:

4, Queen's Road Central.

thore.

The coconut industry has made great progress, largely owing to the industry and enterprise of smallholders; but there is un- doubtedly room for expansion.

NO DICTATOR.

British

- REJOINDER TO CRYPTIC

STATEMENT.

PREMIER "ASTONISHED."

Madrid, Saturday. General Burguete has been re- The Prime lieved of his office. Minister, Admiral Aznar, has de dlared he is "astonished" and un- General

understand

speech announcing ference of the leaders to discuss the altuation arising out of the re- jection of the Budget.

the members, who had disregarded He expressed his gratitude to risks and reproaches, and attend- ed the scaulon, and prevented a rude set-back to Indian Parlia- mentary progress.

After the Viceroy had shnken hands with the members Indivi- dually the members of the Assem- bly rose and cheered him.-Reuter,

BOXER FUND.

BOARD TO BE UNDER EXECUTIVE YUAN.

HEAD OFFICE IN NANKING.

Nanking, Saturday.

The National Government has

The Board will be under the

Executive Yuan and the head office will be at Nanking, but meet- ing places may be assigned from imo to time by the Board.

Commercial exploitation is nood- ed for the cultivation of the Afri- can oil-palm, which, although in- far Subscribed Capital $25,000,000.00 troduced into the country as Fold-Up Capital ......$24,710,200.00 back as 1888, is now considered Reserve Funds .... 8,820,508.82 primarily as an ornamental plant. Experimental work is, however, being done by the Agricultural De- partment, and it has been proved

promulgated regulations regarding that the plant will flourish in any | part of the country.

the organisation of the functions Rice is a particularly important able to

of the Board of Trustees for the Boxer Fund. A large Burguete's statement.-Reuter. Owing to our numerous branch crop in North Borneo. in China and large connections in the proportion of the native population [An earlier cable stated:- important commercial centre of the world, we are able to extend to our (which numbeze some 280,000) is Signs of a political ferment, and foreign banking and exchanges. clients special facilities for domestic employed in Its cultivation, and it which have hardly been stilled is the staple food of most of the for the past few months, are The streets of We also handle the issue of Bonds inhabitants. Wet or swamp rice is again arising. F. Mell. COURTNEY, and other Publie Funds of the Chin-

ose Government both at home and grown on the plains, especially Madrid are once again heavily pa near the coast, while dry rice is trolled by Police, and rumours of cultivated in hilly districts.

another military dictatorship ara Manager. production of sago, derived from rife. The immediate cause of ex-

the pith of two indigenous palms, citement is the credit of $120 is an important industry, and there 000,000, which the Minister of are 18,500 acres of land under Finance negotiated with Ameri- THE BANK OF CANTON, LTD. cultivation. The export of ego can and foreign bankers in con- nection with the Government's scheme to stabilise the peseta. The Republican leaders Sanchez and Bergamin are believed to be launching a fiery attack against the Government, in that connec- tion. Simultaneously, the elderly General Burguete, President of

Manager,

Hong Kong, 20th February, 1981.

THE

AMERICAN EXPRESS COMPANY,

INC.

Head Ofen: 85, Broadway, New York.

Manager

Capital Surplus

Hong Kong, 1st May, 1929,

• Reserves

مالية

.U.S.$6,000,000 .U.S.$1,672,4154 .U.S.$1,908,209

معلومة

BRANCHES---

Amsterdam -Anwa

Athens

Bula

Berlin

Biarrit

Gros

HAYADA Bamberg Zlato Interislan

Biom

Piroue

Parla

Ivang

Zaklog

Bombay

Jerusalem

Paarde

Festi

Brummels Be Ouiry Calcula Cander Colomb

London

Kolendam Bome

Liverpool

Bambout

Lyo Lugano

Lusoe

Mools Carls

Manila

Munfel

Montr

kitlau

THE YOKOHAMA SPECIE BANK, LIMITED.

Established 1880.

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

........Yen 116,000,000 Head Ofce:-YOKOHAMA.

Branches and Agencles at:

Nagoya Newchwang

New York

Constantinople

Copenhagen Edsburg FLTID

Alexandria

Batavia

Bombay

Calcutta

Centon

Changchun

Quata,

Pelping Ranggon

•

Dairen (Dalny). Rio de Janeiro

Fangtlen (Mukden) Salgsa

Hamburg

Hankow

Harbin

Hong Kong

Honolulu

Kal Tuon

Karachi

Robs Londen

.

Los Angeles

Lyons

Mantis

Nagasaki

(Temporarily

closed)

Seattle

Ban Francisco

Bemarang Shanglist

Shimonoxald

Singapore Boerabaya Sydney Tientaln

Tokyo

Tsingtau

Interest: allowed or Gurrent · Aa- comnts.

Deposit received for fixed periods at rates to be obtained on applica

HL. MORL

Haanger

Hong Kong, March 24, 1981.

Cors

Branches

Shanghal Bouthampton Елекарств St. Mazlla Tiantain Vienna

Tesisa

Yokohama Zarich

of American Express

abroad.

SHOU J. CHEN,

Hong Kong, 5th March, 1930.

Established 1912.

Head Office:-Hong Kong,

Authorland Capital (ILE, Currency) B£1,000,000 Pald-Up Captial E KANDE DR 6,185,000 Her Fund

1,100,000 DHANCHES- Canton, Bhangkul, Hankuw, Blow, Bangkok, New York and San Francisco,

CORRESPONDENTS

LONDON DANKENNI-

The Lloyd's Bank, Limited.

in aŭ principal clilas of the World.

Foreign amohanga and beating benfases d very donation transacted,

This Depoalt Bouse (varkose sime) ok ́n you'r rental of from 89 to $40.

LOOK POONG SHAN,

The

flour averages about 2,500 tons an- nually, but the industry is capable of great expansion, particularly if modern machinery were intro- duced.

The Chairman of the Board will be appointed by the National Gov ernment, while the Vice-President, the Secretary, and the Treasurer will be elected by the Board le- self. Membership of the Board will be honorary, but travelling expenses will be reimbursed. The Board may engage clerks and other assistants if necessary, and at the end of every fiscal year the Board shall submit a report to the Execu tive Yuan-Reuter,

IRELAND FREE.

Minor Products. Among minor products for the cultivation of which British North Borneo is naturally equipped may the recent Court-martial of the REPUBLIC TO HAVE ITS OWN

Republican leaders, has issued a

be mentioned rattans-light canes used for furniture, and for mat long and cryptic statement de- and basket-making: gutta-percha not to tolerate another dictator. claring that Spain is determined camphor; nipah-it is computed

81

to

Chief Manager. that there are over 300,000 acres ship. The statement has caused

wide-spread speculation of nipah swamp in the country: what is behind it.) and the manufacture of power alcohol from the sap is an industry likely to be of some Importance in the future; manila and sisal hemp

THE BANK OF TAIWAN, LTD. (TAIWAN GINKO.) HEAD OFFICE-Taipeh, Formosa. Incorporated by Special Imperial Charter, 1899.

Central Bank in Formosa.

-fibres used in the manufacture of cordage; and kapok--the flo obtained from the pods of the silk-

Company in Principal cities of Unit-bunk-Fotos zed Avare a 45,000,000 cotton tree-which is used widely

ed States of America and Canada.

All classes of Countoreial Banking Transactions undertaken.

Personal handled.

investment

M

Kaslun,

BRANCHER AND AGENCIES

In upholstery, &c. The last-named YAPAN-TAKT, Yokohama, Kobe, Duk

product. when Immersed in water Kazli Karenks, FORMOSA,

Mike Minio, Shinchiku, Talike, Talana, will support 30 times ite own Takso, Tamui, Toso, Haito, Taito QUINA banghal, Hankow,

Bwatow, Calon

INDIAN RIOTS.

OVER 200 HINDU HOUSES GUTTED,

LOOTING CONTINUES.

GREAT SEAL.

TO ADVISE KING.

Dublin, Saturday, It is officially announced in Dublin that the Irish Free State will henceforth advise the King direct on matters of external ad- ministration and possess its own Great Seal, which the King shall affix to all documents hitherto sealed with the Great Seal of the Realm.

The Free State at present is Allahabad, Saturday. alone among the Dominions pos. The situation in Cawnpore is sessing a separate seal. The an- Pocahow, weight, and is thus particularly much improved and the sporadic nouncement follows a recent visit

suitable for the manufacture of assaults have diminished, and of accounts DIERES Hear Kong. Bingapore, Bombers.

Mr. Patrick McGilligan, Sarostang, Batavia, Lombar Cafe lifebelts and lifejackets. The sup- about 10,000 people have depart Minister for External Affairs, to ply is at present unequal to the ed. In the neighbouring country- His Majesty at Buckingham The London County Wasiminate and Par's Bank.demand. A small plantation is side, on the other hand, incendiar- Palace. Reuter.

The Bank hae Orrespondanis in all the petucioni | being started by one of the rubber

The Company offers to intending Travellers the use of its "Travelers Cheques" and Letters of Credit and, in addition, the world-wide, services

Landao, Naw Tork, Dalien.

LORDON KANKZNO,

Command Dantese throughout the world,

of its thoroughly equipped, Travel De-HONG KONG HRANOM, partment.

Afulated with

THE CHASE NATIONAL BANK. Resources ..Over G$2,500,000,000.

C. H. DENSON,

Manager.

THE BANK OF EAST ASIA, LTD.

Established 1918.~.

HEAD OFFICE:

10, Des Voeux Road, Central,

Capital and Burping

Total Resources

HONG FONG

... over EL$ 8,000,000.00 over FL.$30,000,000.00.

Every description of Banking and Exchange business transacted.

Current and Fixed Deposit Accounts in local and for-

eign currenales opened for clientas patern

· Savings Account and Safe Deposit Boxes.

Branches) and Agencies all over the world.

KAN TONG PO

I NAQURA

Manager,

** B, Das Vœux Host Chouil Hong Kong, 10th January, 1222

COASTWISE

by

ALGIE" BENNETT.

An interesting book of Cartoons depicting "Happenings" on the China Corit

PRICE $1.00.

Noso, on sale at

BEEWERS WHITEAWAY LAIDLAW

„BOOK STORE”

companies operating in North Borneo, and it is possible that a thriving industry may be built up on this product,

North Borneo is remarkably rich in timber, and it is estimated that of the large area of virgin forest in the territory there are more than 2,000,000 acres of commercial forest within 20 miles of the coast. Most of the timber is exported In the form of logs, and Hong Kong is one of the principal markets. A considerable -- export business is being steadily built up, and Japan, Australia, and the American Pacli de ports are annually demanding larger supplies of Borned timber.

– Seriah (Borneo cedar) is perhaps the most popular timber from the forests of Borneo, and commands already sale even on the London market. There are many other varieties, all of which have their own spacial characteristics, and their commercial, posaibilities, are very great. An ad illustration of the niready, considerable' progress which has been made in this: In- dustry may be mentioned that 101903 650,245

•Leat werd

of timber, led exparted, as compared with 2,926,- lued at 247,287, In

A Scene Prom

The COHENS and KELLYS

A SCOTLAND' UNIVERSAL PRODUCTION

Showing at the Queen's to-day

HOT WEATHER DEMANDS LIGHT CLOTHING.

Our Cool and Seasonal Attire

Is beyond dispute.

We offer beautiful designs in Bilk for Summer frocks and the latest shades in printed georgette and crepo-de-chine of the best quality can be purchased at the

KASHMIR

SILK STORE

36A, Queen's Road, C. Right Opposite Queen's Theatre.

ALEXANDER'S INSTITUT DE BEAUTE

For the best Permanent Finger and Marcel Waves. Hair Catting and Manicure for Ladies and Gentlemen.

Pedder Bldg. 1st floor. Room 5. Tel. 25169.

}

Opposite entrance HK. Hotel.

PHOTO-SUPPLIES

Kodaks and Cameras. Films, Plates and Papers, etc.

Developing, Printing and s

Enlarging.

ZIESS and BUSCH FIELD GLASSES.

Price Moderate.

A Trial Order is Bollcited.

A. SEK & CO.

Tel. No. 28459, 26A, Des Voeux Road, C. Hong Kong.

OUR

LADIES' TAILORING DEPARTMENT undertakes to execute orders FOR MAKING DRESSES & GOWNS on Intent styles with- in 16 hours.

LOVELY SILK STORE

No. 2, Stanley Street. Tel. 22100. (Adjoining D'Aguilar Street.)

HONG KONG HEIGHTS

For the information of visitors the following list of some of the highest points on the Island and Mainland is published:

Victória Peak

Island.

Feet,

1828

Bignal Station

1774

Mt. Parker

1784

Mountain Lodge

1725

The Eyrie

1728

Peak Hotel

1805.

Taikoo Sanatorium

1000

Mt. Davis

877

Bowon Road (AKarbeds)

207:

Mainland.

Feet

8124

Taimozhan. Kowloon Peak

три

PLASONABL

PRICES

1971