1931-04-04 — Page 15

SATURDAY, APRIL 4, 1931.

BANK S

HONG KONG AND SHANGHAI BANKING CORPORATION.

Authorial Capital

50,000,00%

Jarum and Fully Pald- $20,00,000 Eleverve unde

4

Sterling............... £ 0,560,000

Bliver

$1,000,00

Reverse flability of Proprioters $30,000,017

.

.

IRAD OFFICE: HONG KONG.

WOARD OF DIRECTORS—

Man. Mr. C.,+52 Markis,

Chairman.

Hon. Mr. J. J. Patormon,

1

* Deputy Chalerm

lt, Eng *T. E. Pontes, Eaq.

A. U. Compton, E J. 3. Plaster, Eng.

3. Lander Low, Esq. T. II. I. Shaw, Eng.

*0. Minkin, King -

AMIT

BANGKOK BATAVIA

AMBAY

J. P. Warren. Eng!

Chol Mate

V. M. gburn, Eng.

CALCUTTA

PASION

CHILTON *COLABIDD

DAINES

PODIOW

HAIPHONG

HAMBURG

HANKOW

FAICAIN

HONGELW

ILOIL

Bol

Jeton!

46231

KOMLOGS

BRANCHES:-

LALA LAMPER

LONDON

LYONS.

MALACUA

MANILA

MBAR (Jubota)

MUKDEN

NAGANAKI

NEW YORK

PRIPING PENANO BANUGUN

SAIGON

SAN FRANCISCO

HANGHAL

SINGAPORE

MURABAYA

SURTEL PATANI HENTIN

JOKIO

ISINGTAG

YOKOHAM

Curton Ave, oped in Lawal Bucurity sad and Depots fromked for the your or

tur periods in Ital Currency and sterling term whaleb ot be quoted in application

Hong Kong, 24, 25 paury, 1938.

HONG KONG SAVINGS BANK.

The L-kuce u stan when Beach In conducts ed by T HONG KONG AND SHANGHAI Rules may be BANKING CORPORATION.

elainel on applicatiON AND HANGHAL

TK FELS!

MAXRING CORPORATION,

V. M. GRAYBURN,

Anna Kos. Ieth July, 1950,

Chief Slanger.

BANQUE DE L'INDO-CHINE.

HEAD OFFICE:

#6, Boulevard Haussmann, Paris.

Subsribed Capital Fra. 72,000,000.00 Paid-Up Capital ...I

..Fru. 68,400,000.00 Reserva Funds Fra.102,000,000.00 BRANCHES:

Hong Kong Quinbon

Salgan

Bangkok Battambang Quo

Santho

Canton

Djibouti

Mengtze

Shanghai Nam Dinh Singapore Neumea

Thanhea Tientsin Тонганс

Fort Bayard Papeete Haiphong Peking Hankow Pnom-Penh Vinh

Pondicherry

Hanol

BANKERS:

Yunnanfu

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

IN LONDON: The National Pro vincial & Union Bank of England, Ltd.: Comptoir National d'Escompto do Pariz: Credit Lyonnais.

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

Interest allowed on Current Ac- counts and Fixed Deposits according to arrangements.

Every description of Banking and Exchange Business transacted.

Safe Deposit Boxes to let.

A. LECOT,

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA. Incorporated by Royal Charter, 1953. HEAD OFFICE: LONDON. Paid-up Capital

THE CHINA MAIL.

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

*£3,000,000

Reservo Fund

.£4,000,000

Reserve Liability of Pro-

priutora

£3,000,000

Reservo Liabilities

of 'Shareholders

Agències and Branches:

ALUR STAR

(Malay Statoa)

KUALA LUMPUR KECTING

MADRAS

“ANERITSAR

" DANIROK

BATAVIA

HAY

CALCUTTA

CANTON

CAWNPORE

VENU

Cubert A

BATREN*(Balag

Boush Murkurj

..DELAI

HAIPHONG.

HAMBURG.

MANILA

MEATAN

NEW YORK

.. PERINO

PENANG HANGOON

SAIGON

GEMARANG

SEREMBAN

SHANGHAL

SINGAPORE-

HOUNA BAYA

IN, Marrhosis) ****

TAILING (P.M.8.1

110010

HANROW

HAIRIN

JONG KONG

KASTACIT

KLAND

KUBK

KUALA KANOBAR

(Perak P.M.H.)

Foreign

TAYOY

TIENISIN

TOKYO

TONOKAH (Duke!]

THINGLAO

YOROBAMA

ZAMBOANGA

Exchange

(Philippine Island)

and General

Ilanking business transacted.

Current Accounts opened and Fix- ed Deposits precived for 1 year or shorter periods at raten which will he quoted on application.

A. H. FERGUSON,

Manager. Hong Kong, 8th January, 1929.

THE NATIONAL CITY BANK

OF NEW YORK,

HEAD OFFICE: 55, Wall Street, New York,

Capital, Surplus and

Undivided Profits..U.S.$224,554,298

Branches in:-

ARGENTINE LONDON

BELGIUM

BRAZIL

CHILE

MEXICO

PANAMA

VERU

CHINA

PHILIPPINE

COLOMBIA

ISLANDS

CUBA

PORTO RICO

DOMINICAN

STRAITS

REPUBLIC

INDIA ITALY

JAPAN

SETTLEMENTS URUGUAY

VENEZUELA

Commercial and Travellers' Letters of Credit, Travellers' Cheques, Bills of Exchange and Cable Transfers bought and sold. Current accounts 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.

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 also of The National City Bank of New York (France), 3.A., in Paris

and Nico.

F. McD. COURTNEY,

Manager.

. Hong Kong, 20th February, 1931.

THE

AMERICAN EXPRESS COMPANY,

INC.

Head Offer: 65, Broadway, New York,

Manager

Hong Kong, 1st May, 1929.

Capitol Surplus Reserves

THE YOKOHAMA SPECIE BANK, LIMITED.

.U.S.$0,000,000 U.S.$1,672,454 ..U.S.$1,008,209

BRANCHES:-

Ansatardam

Antwerp Athana

Bar

Bertin

Biarrita

Bombay

Beaman

Beumala

Bounce alre

Genos (langor flavina Hareburg Havre Interlaken Jerusalem LALA London Liverpool

Ho Sap Piraeus Pazin ['bang

Pering

Palermo

.Yen 115,000,000

Osirp

Lucerne

CAL

Lugano Laxw

་

Colorbo

Established 1880.

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

Head Ofco:-YOKOHAMA. Branches and Agencies at:

Alexandria

Batavia

Bombay

Calcutta

Canton

Newchwang

Nagoya

New York

Osaka Pelping Rangoon Dairen (Dalny) Rio de Janeiro

Changchun

Fonrter (Mulder) Saigon

Bamburg

Bankow Harbin

Hair Kang Honolulu Kal Yuen Karachi

Kobe London

Los Angeles

Lyons

Manila

Nagasaki

(Temporarily closed)

San Francisco

Beattle

Bemarang Shanghal Shimonosed Singapore

Soerabaya

Sydney

Tientala

Tokyo Tringtan

Interest allowed or Current de-

counts..

Deposita received for fixed perioda at rates to be obratned on applica

под

H. MORI,

Manager.

Hong Kong, March 24, 1981.

Constantinople

Oupankagen Extsburgh

Floo GADATA

Marsellion Monte Carlo

Mandia

Munich

Meninos Milan

Fotlarda Home Flamboul Fbaaghal Southampton Singapore St. Morit Tentuka Vio Fenice Tokohama Zurich

Branches of American Express Company in Principal cities of Unit- ed States of America and Canada.

Surplus .........**

8,000,000 4,000,000

4,000,000

Commerce and Finance

NEW U.S.A. CUSTOMS Hong

REGULATIONS.

Kong Realties continued firm, sales having been made up to $11.30, and there were further buyers at 311.10.

2,526,000 Re-Admission of Cars with strong buyers at $14.75,

Branches, Agencies and Correspon. dents in the principal cities of the world.

Every description of Banking and Exchange bustness transacted.

TAN ENG HOOT,

Manager,

NEDERLANDSCHE HANDEL- MAATSCHAPPIJ, N.V. ETHERLANDS TRADING SOCIETY

BANKERS.

Estabilabad 1874.

Hong Kong few-11, Queen's Bond Choral Autorirad Cuptial ........ Cluilder 100.000,0

(£12,000,000.3 Paid-up Capital ............. Gulda 06.200

Reserve Fund ..................... Quilders) 40,515,00) {#5,306,52)

Head Offic■:—AMSTERDAM' Esaturn Head Offer:~BÁTAVIA.

Palambang. Pontianak, Rangoon, Betiandes"

Wefted".

Into the States.

FREE OF DUTY.

For the information of those in terested, we quote below the latest customs regulations governing the re-admission of U.S.A. Automobiles

Cotton Mills:-Ewoa were quiet at the outset, but closed qulte firm

transactions having been effected up to Ts. 15. Shanghal Cottona were wanted at Tls. 110.

Public Utilities:-Hong Kong Tramways remained strong with buyers at $17%. Star Ferries im- could be proved slightly, and placed at $91. China Lights had a large turnover at rates varying from $24.60/$24.80 and correspond- ing rates for forward delivery the jinto the United States. These cus-undertone being quite firm. Hong toms regulations appeared in Gen- Kong Electrics were sought for eral Circular No. 1012. issued by $78%. Telephones (partly paid) the United States Chamber of Com- could be had at $39. meree, Washington, D.C. on Decem- (ber 12. 1930 as follows:-

Miscellaneous:-Cements

(com. bined) were wanted at $16.40 in Customs Bureau.

the early part of the week, but "The

regulations governing resince firmed up to a buying rate of admission of automobiles taken

$16.90, the market closing slightly abroad for non-commercial use have easier at $16.66 buyers. Hong TRANCHES - Bandjarmelo, Bandong, Bombay, been modifed.

Kong Ropes were negotiated at Caloita, Cheribon, Dabar, Dysk "Article 441, Customs Regula jakarta, The Higis", Jeddi, KỒN.

$13,40. Dairy Farms continued in Kota-Harja, Makasar, Madan. Padations of 1923, has been modified, demand at $24% with business Pekalongan Penang, This article covers automobiles and done at $24.60. Chinese Entertain- Famatang Bangbai, Biblather vehicles. boats, tima, and ments were enquired for at $19.60. (Sumar) Бодароти, Sou Norrakarta (Solo), Tegel. Tilstep and saddle horses taken abroad for non- Sinceres had buyers at $14.25.

commercial uso. They may be re- admitted without payment of duty upon compliance with certain regu- lations, as follows: The owner may before the article goes abroad, have customs collectors examine iti and issue a certificate of registra- tion on Form 4456. If no additions or repairs have been made, and the article upon readmission in necom- panied by the owner, or his agent. it may be admitted without entry, other than baggage declaration, upon presentation of the customs

* Ime offices wen aufa deposit boxes to lat. færden Dankara:—National Provincial Bank Ltd. Correspondant all over the world Banting businoms of very detcription Imniacted.

A. STOXKINE,

Acting Manager.

Dorp Kong, 18:1: August, 1950.

THE BANK OF CHINA. 行鎂 國中

Reorganise October 26, 1928, urjar certifente of registration, or in the

ernment na an

BANK.

INTERNATIONAL EXCHANGE

.$25,000,000,00 .$24,710,200.00

of

Subscribed Capital Paid-Up Capital

HEAD OFFICE: SHANGHAI.

HONG KONG BRANCH:

4. Queen's Road Central.

case certi-

Forward Settlement Days:-

April 28, May 28 and June 23.

PSYCHOLOGY IN INDUSTRY.

How Costs of Production

Can Be Lowered.

The part which psychology could

play in reducing industrial pro- duction costs was discussed by Mr.

15

LOOK!

LOOK!!

LOOK!!!

THE LUK CHEONG HYGIENIC LAUNDRY.

Contractors to Units of the British Army

For The Past 30 Years:

Army Units, Hotels, Schools and Families Catered For. Give Us A Trial—Satisfaction Guaranteed. We Make Your Old Linen Look Like New And By Our Up-to-Date Methods Prevent Your New Linen From Looking Old !!!

Our Charges Are Small in Spite of the Little Value

of the Large Dollar.

Address:

Write At Once For Quotations.

The Luk Cheong Hygienic Laundry, Nos. 3, 6, 7, 8 & 9, Government Laundries,

Kennedy Road.

G. FALCONER & CO., (HONG KONG) LTD. WATCHMAKERS & JEWELLERS

DIAMOND MERCHANTS. Union Building (opposite G.P.Q.) ·

Agents for :- ADMIRALTY CHARTS,

ROSS'S BINOCULARS and TELESCOPES, KELVIN'S NAUTICAL INSTRUMENTS,

ENGLISH SILVERWARE, direct from Manufacturers, High Class English Jewellery,

in dealing scientifically stances

of the success of the

special charter of The National Gby-case of an automobile the state re-

gistration card or in the

H. Seebohm Rowntree in an address progress aircraft the

of the delivered to the National Institute with the material side of industry psychologist's work from personal ficate of registration

than with the human side. It was experience in the affairs of his own Before employing Department of Commerce, provided of Industrial Psychology.

that in regard to the-lätter that the aid company, observed Mr. Rowntree these certificates satisfactorily iden-

If the article is Great Britain even before the War of the psychologist must be called psychologist aid, the proportion of Reserve Funds $ 3,820,503.32tify the article.

His services were able to "errors" In selecting employees not accompanied by the owner or his had begun to lose the industrial ad- in.

accurate early for particular work was from agent, or when it has received addi- vantages initially enjoyed, and that achieve increasingly

now the game must be played with methods of vocational selection, die- 20 to 25 per cent., while subsequent- tions or alterations abroad, it may still be admitted upon a baggage de- the handicap, if anything, against covering a person's aptitudes for ly the proportion was reduced to 3 Many instances were An important part of the different kinds of work, and to im- per cent. claration if covered by a customs.

the periods of also given of savinga effected British wages prove and shorten

researches through the

of the Owing to our numerous branches in certificate of registration, or in the handicap was that

In the actual works, psychology "Motion Study" department. China and large connections in the im- ease of an automobile the state of were still for higher than anywhere training.

Another example cited was that portant commercial centres of the registration of the Department of else in Europe, and we were losing world, we are able to extend to cur Commerce. Repairs or additions trade because we were living on a was able to lessen monotony, to in- cliente special facilities for domestic not incidental to use abroad, made standard higher than was justified erease earning power and content of a tapestry works, where on the ment, and to reduce machine, labour advice of psychologists two inter- and foreign banking and exchanges. abroad, are dutlable upon their by our relative efficiency.

To surround mediate pauses of 15 minutes and We also handle the issue of Bonds and other Public Funds of the Chin value at the rate at which the arti- were to compete successfully with- and overhead costs. ese Government both at home and cle itself would be dutiable if im out lowering our standards, costs workers with favourable and bese two of 10 minutes were introduced ficial conditions, and to devise the into the working day, and though abroad.

ported and must be covered by an of production must be lowered.

easiest and most stimulating the working day was thereby re- SHOU J. CHEN,

entry or baggage declaration."

methods of manual work was of the duced by 50 minutes, output ac- tually increased by 10 per cent. Hong Kong, 5th March, 1931.

greatest importance.

Practical Success.

and absence through ill-health Mr. Rowntree gave numerous in- was reduced by 25 per cent.

Manager.

THE BANK OF CANTON, LTD. Established 1912.

Head Office:-Hong Kong.

Authorisad Capital (E1.E. Curreany) $11,500,000 Paid-Up Capital

B.666,000 1,100,000

Roura Fund

BRANCHES — Usato hanghel, Hankow, Bwalow, Bangkok, New York and San Frascado.

CORRESPONDENT:

LONDON BANKBRO;—

The Lloyd's Bank, Limited

An as principal cities of the World.

Foreign exchange and banking business of rary description tranzacted.

Sal Depot Borne (variosa slave) at a yearly estal of from 5 to 10.

LOOK POONG SHAN,

1

Chief Manager.

THE BANK OF TAIWAN, LTD.

(TAIWAN GINKO,)

HEAD OFFICE:-Taipob, Formos, Incorporated by Special Imperial Charter, 1899,

Central Bank in Formos

[We are indebted to the Dollar Steamship Line and the American Mail Line for the information con- tained in the above article.]

SHARE MARKET.

WEEKLY REPORTS BY BROKERS.

G. A. HARRIMAN.

·

Hong Kong, April 2. Messra, G. A. Harriman's Week- ly Report and Market Review says:

The market during the week |under review has been very brisk with buyera predominating Nearly all stocks throughout. came in for, their fair share in the demand for scrip which was very scarce for cash delivery, conse.

All classes of Commercial Bank Bank Notes ved Average amount „You. 6,000,000 quently in many cases: would-be-i

Transactions undertaken.

Personal handled

investment

accounts FORMOSA,

The Company offers to intending Travellers the use of its "Travelers Cheques" and Lettore of Credit and, in addition, the world-wide services of its thoroughly equipped Travel De- partment.

Affiliated with

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

C. H. HENSON,

General Manager.

THE BANK OF EAST ASIA, LTD.

Established 1918.'

HEAD OFFICE:

10, Des Voeux Road, Central,

Capital and Surplus.

Total ResourČOS

HONG KONG.

over $ 8,000,000.00

over H.$30,000,000.30

Every description of 'Banking and Exchange business.

transacted.

- Current and Fixed Deposit Accounts in local and for-up:

elyn currencies opened for clients.

Savings Account and Safe Deposit Boxes,

Branches and: Agencies all over the world.

KAN TONG PO,

DRANCHES AND AGENCIES,

cash buyers had to be satisfied JAPAN :—Tokyo, Yikobama, Kobe, Osaka.

with forward shares. With a drop Eagi, Karenko, Kalung, Mason, Kanto, Shinehiku, Taichu, Ta of 3/8d. In exchange, sterling Takno, Tamsul, Toon, leito, Talio. CHINA I-Shanghai, Jankowy Amoy, Fosshow, counters held more enquiry with

Bwatow, Canton,

Soarabaya, crip hard to obtain. The market OTHERS-Hong Kong. Slaapore,

Banaras Datavia, Bombay, Celticloses for the Easter holidays with London, New York, Dalius.

LONDON BANKERS,

a firm tone all round.

The London County Westminster and Parr's Bank,

Banks: Hong Kong & Shanghai

The Bank thon Carrespondants lu all the pricipal Books are very Arm with small

Commercial Centres thinughout abs world.

LHAGURA

HONG KONG BRANCH,

4, De Vaux Boed Centr Hong Kong, 19th January, 1923

MADA.

THE MERCANTILE BANK OF ́ INDIA, LTD,

HEAD OFFICE,

I, Gracechurch Street, London, B.C.E

Authorised Capital

£3,000,000

Subscribed Capital Pald-up Capital

1,860,000 1,050,000

Reserve Fund and Reat 1,046,500

**** BANEERS: The Bank of England Midland Beak, 142. BRANCHES:

Bangkok Batavia

Bombey

Calcutta

Colombo Dalli

مللون .

Hovek

Ipoh

Karachi

Kota Bharu

Kuala Kral

Evala Lépla

Kunis Lazagur

Madras

New York Fecang Portools

Glangbal. Blat Ksanten (Fabang) Blopayme Зоить бать

HONG KONG BRANCH.

business done at $2,025/35. Bank of East Asins were sought for at $120 after sales at $121. -

Insurances:Canton Insurances were in demand at $1,870, business; having been transacted at $1,876/80. China Underwritera were on offer at $3.66 at the out- set, but jumped up to $4.10 buyera at the close. Unions had enquiries at $630.

Shipping: Douglases were still

•Hong Kong on the quiet side. Steamboats Armed up a little with buyers at $254. Union. Water- bobts were in domand at $85 éx dividend.

Mining:-Raube continued in re- quest at $88. Venezuela Goldfields had enquiries at $8.75

Docks, Wharves, & Godowns:- Hong Kong & Kowloon Wharves Improved to a buying rate of $159,

Every description of Banking and Exchange athares having changed, hande at

menu tentasched

Travellers Chaques Jeneč,

$158/$160. China Providents Trastes and Executorships | under- had enquiries at 85.20 for the old taken

INTEREST - Almed on Coral Actocale shares and $2.80 for the new,

Vized Deposlis at, Biler-khát – may, be assertanoč Japplication.....

Hotels and Real Estate:-Hopg Kong & Shanghai Hotels remained Manager. firm with buyers at $14.80. Hong Kong Lands were done at $85,

C.L. BANDES,

Add Chief Manager.

T. Qunan's Hond· Central,

Hong Long, sŃ AprŃ, 1980.

If we

Human Side in Industry, Paychology was able to help to wards that object by asalating in the reduction of all waste, and hitherto employers had made more

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THREE CASTLES

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.

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