1931-04-30 — Page 2

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION.

..... $50,000,000

authorized Capital ........... loved and Fully Potd-up monon. #20,500,000 Recurro Fundam

Htarling

,500,000 $16,000,000

Massere Liability of Propristors .............. $20,000,000

TIBAD OPPION; HONG KONG,

CARD OF DIRECTORS:-

Boo, M. C. 6. S. Markle, Chairman.

Man, Me, J, J. Pataraino. Deputy Chaleman.

W. fl. Dal, Faq · T. E. Trama, Haq,

4. I. Compton, Eng. 1. A. Pluturam. Eaq.

D. Lanker Lowia. Exp. T. 11. B. Khaw, Paq,

0. Miekio, Faq.

ANOT

BANGBOE

ΠΑΤΑΚΙΑ

DOXBAY

J. War, Esq.

Chist Manager.

V. st. Grayburn, Eaq

BRANCHER:-

LUNDON

LYONS

MALACCA

MANILA

MUAB (Juhotel

SI URDEN

NAQAHAXI

COLUMBO

DATES

CALCUTTA

CANTOX

CHRPOO

POOCHOW

HAIPHONG

HAMUN

HANKOW HARDIN HONOKEW

ILOILO

SEL

JOHONE

Lon

KOWLOON

KUALA LUMPUR

NEW YORK

PRITING

PENANG

RANGOOS NATION

BAN PRANCIN

SUANGIA

SINGAPORE.

SOURABAYA

BUNOLI PATANI FIESTAIN

TOKYO

TSINGTAO YORUKAMA

Cussons AcJunta ogrned to Local Cumancy sod' Fiza Popunite Perelved for one your st rhytter perusdal Jors! Every and Storing on terms which will be quoted on appllation. flong Kong, eleuary, 1,

HONG KONG SAVINGS BANK.

The Business of the abare lank in remuel

ed the HONG KONG AND SHANGHAJ BANKING CORPORATION.

obtained on application,

itales may

be

FOR THE HOSOROSH AND SHANGHAT BANKING CRPORATION,

V. M. GRATBURN,

Hong Kong, 15th July, 1890.

Chic Banget.

BANQUE DE L'INDO-CHINE.

HEAD OFFICE:

96, Boulevard Haussmann, Paris.

Subscribed Capital Frs. 72,000,000.00 Paid-Up Capital Frs. 68,400,000.00 Reserve Funds ....Frs.162,000,000.00

BRANCHES:* Bangkok Hong Kong Quinton

Saigon Battambang fue

Mengtze Cantho

Shanghai Canton Nami-Din Singapore

Neumen Thanked Fort-Bayard Papeete

Tientsin Haiphong Peking Tourane Hankow Pnom-Ponh Vinh

Pondicherry Yunnanfu BANKERS:

Djibouti

Hunni

IN FRANCE: Comptoir National d'Escomple de Paris; Credit Lyonnais; Banque de Paris et des Pays-Bas; Credit Industriel et Commercial; So- cinte Generate.

IN LONDON: The National Provin- cini & Union Bunk of England, Ltd.; Comptoir

National d'Escompte de Paris; 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, 1858.

THE CHINA

THE HO HONG BANK, LTD.

(Established 1917.)

HEAD OFFICE:-SINGAPORE. Hong Kong Branch: 19, Queen's Rd. C.

Authorland Capital Stra!ts $20,000,000 £8,000,000 Issued Capital....

8,000,000 .£4,000,000 | -Pald-up Capital ...

4,000,000 Reserve Liabilities ..£3,000,000

HEAD OFFICE: LONDON.

Paid-up Capital Reserve Fand Reserve Liability of Pro-

prietors

Agencies and Branches:

ALON #FAIL

(Malay Bistan)

AMITHAR

FANUZOR

BATAVIA

*DOMBAY

CALOUTTA CANTON

CAWNIORE

VEDU

COLOMBO

DAIREN (Dalny

Bouth Menchutta)

DELI

HAIPHONG

HAMBURO

HANKOW

DABBIN

(N. Menchuria)

HONG KONG

ILOILO

HARACHI

[POR

ELA NO

YOUX

KUALA KANGSAR

(Perak P.M.B.)

KUALA LUMPUR

KUCHING

KADHAB

MANILA

VEDAN

NEW YOUR

PEKING

PENANG BANDOOR

BAMION

ASMARANO

BSERMBAN

HIANGMAI

SINGAPORE

BOURABAYA

TAIPING (P.M.9.)

TAVOY

TIENTSIN

TOKYO

TONGRAH [Bhutol}

TAINOSAD

YOKOHAMA

ZAMBOANGA

Foreign Exchange

(Philippins Tuinado)

and General Banking business transacted.

Current Accounts opened and Fix- ed Deposits received for 1 year or Alorter periods ut 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.$224,554,298

Branches in:

ARGENTINE LONDON

BELGIUM

BRAZIL

CHILE

CHINA

COLOMBIA

CUBA

DOMINICAN

REPUBLIC

INDIA

ITALY

JAPAN

MEXICO

PANAMA

PERU

HILIPPINE ISLANDS

PORTO RICO

STRAITS

SETTLEMENTS

URUGUAY

VENEZUELA

Commercial and Travellers' Letters

of Credit, Travollers Cheques, Bills of Exchange and Cable Transfers bought and sold. Current accounts and Savings Bank accounts opened and Fixed Deposits in local and for- taken at rates that

eign centrined on application to

may be 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 in Paris Now York (France), S.A., and Nice.

F. McD. COURTNEY,

Manager. Hong Kong. 20th February, 1931.

THE

AMERICAN EXPRESS COMPANY,

INC.

Head Office: 65, Broadway, New York,

Manager.

Hong Kong, 1st May, 1929.

Capital Surplus Reserves

THE YOKOHAMA SPECIE BANK,

LIMITED.

Finale

Destin

EsTite

Toyota

Havana

.U.S.$0,000,000 .U.S.$1,672,454 .U.S.$1,908,209

ISBADE faklig Palaro Bollarda.ca Home H14inboo! >boughal Scuidampion

BRANCHES:-

Amsterdam Katery

G=RD Glasgow

N Kaplan

Achouw

Pismoun

Established 1880.

na

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

.....Yen 115,000,000

Fru

fistance Ale L'AUD Cadentka

Coo

Hamburg WAYN Interlake Jerusalem Lido Landon Liverpool Lucerna Lugnoo LuLor MuroB Constantisopis Monte Carlo

Farla

Takla

Copenhagen

Manila

Maburga

Munjoh

Monkous Kila

Vening Yokohama Zurich

Hend Office:-YOKOHAMA.

Branches and Agencies at:

Alexandria

Batavia

Berlin

Bombay

Calcutta

Canton

:

Changchun

Dairen (Dalny)

Manila Nagasaki Nagoya Newchwang

New York Csakn Peiping Rangoon

Fenglien (Mulden) Rio de Janeiro Hamburg

Hankow Harbin

Hong

Kong

Honolulu Kai Yuen Karachi

London

Los Angeles Lyons

Sait Francisco

Seattle

Semurang Shanghal Shimonoseki Singapore,

Soerabaya

Tientsin Tokyo Tsingtau

"Interest, allowed on Current Ac-

counts.

Deposits received for fixed periods at, rates to be obtained on application.

'H, MORI,

Manager. Hong Kong, 11th April, 1931.

Sist Expor

"Koris

1 Uscern

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

All classes of Commercial Banking Transactions' undertaken.

Personal handled

investment accounts

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

Affiliated with

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

C. H. BENSON,

General Manager.

THE BANK OF EAST ASIA, LTD.

Established 1918,

HEAD OFFICE:

10, Des Voeux Road, Central,

Capital and Surplu

Total Resource

TONG KONG.

over HS 8,000,000,00 over $10,000,000.00 ̈

Every description of Banking and Exchange business transacted.

Current and Fixed Deposit Accounts in local and for- eign currencies opened for clienta.

Savings Account and Bafe Deposit Boxes. Branches and Agencies glf over the world,

KAN TONG PO

Chief ManageË."

of Shareholders Surplus

#

4,000,000

2,520,000

Branches, Agencies and Correapon. dants in the principal cities of the world.

Every description of Banking and Exchange business transacted.

TAN ENG HOOI,

NEDERLANDSCHE HANDEL- MAATSCHAPPIJ, N.V.

INETHERLANDS TRADING BOCIETY)

DANKERS.

Established 1834.

-MAIL.

Commerce

Finance

and

LIFE

STREAM TRADE

OF

TRADE FACED WITH RUIN.

Knock-Out Blow to Glove Industry.

|

Judge on Importance of Advertising.

Mr. Justice McCardle, speaking at the dinner of the National Ad- vertising Benevolent Society in London, said:

It pro-

There are nearly fifty glove fac- tories, large and small, in Yeovil, Somerset, and all of them are in Manager.despair. Up to the middle of last

November, they were all prosper. "To-day the vital importance of ous; now they do not know whero advertisement. is recognised on all they are. That is the result of hands. It has become one of the the abolition of Safeguarding basle essentials of business succéas)

Last year

at this time, there both here and abroad. Advertise- not 1411 4

33 glove-maker out of ment is the life-stream of progres- work in the whole town. To-dnyaive trade. It announces. are '600 glove, workers on, the books claims. It creates and broadens of the Labou Exchange-a large demand,

and strengthens number for so small a place as develops the sources of supply."

will be more as Mr. Justice McCardie continued: this-and there time goes on. How many are out I suppose that two of the most of work. in the surrounding vil striking features of recent years lages do not know, says the have been, first, a new conception of Morning Post special correspon the dignity-aye, the nobility- dent.

of business, and, secondly, a new conception of the part to be played] in domestic and world enterprise by

Hong Kong Cheez--11, Queen's Bond Dental.

Authorised Caplud ........Quilders 120,000,000. 12.19,500,000,} Pald-Up Capital ............ daildzes 80,030,000 (28.660,170) Reserve Fund ..................... Quilders 40,019,000

Weltevreden.

123,384,181)

Haurabala

|

It

an

im-

Band Off:-AMSTERDAM" Exero Hoed OS::---DATAVIA. BRANCHES:- Bandjarmasin, Bandrang", Bombay, Oslevita, Charbon, Djurbar, Djok

This state of affairs is due to Jakarta, The Ilsgua", Jeddah, Kobe, Kota-Fadja, Makassar, Medan, Padist the polley of the Government, and Falemban Pakalongan Раско Ponttensky Bangoon, Botterdami is scarcely surprising that vise and far-spread advertisement. Skinny". Bangisi, Bibol have failed to find anybody hero (Suma), Alegepor

I recall the story of the daughter Boerakarta (Son), Tagu, Zilajap and who has a good word to say for fof the rich trader beyond the seas

the Government, or for the Chan who became engaged to cellor of the Exchequer in part! poverished European princeling. cular.

The young gentleman apparently raised on objection to the nature of the father's commercial activities, and the daughter communicated the There- objections to the father, upon the father wired at once:

I'm "Complete misconception. not a trader. I'm a philanthropist. į See my advertisements.”

* These offices hats anfe deposit boxsa to Jal. Cindon Bankers :-National Provincial Bank Ltd. Correspondents all are the world Banking business of avery. description trascied,

A. STOKKINE,

Acting Kanaga

Hang Koog. 19th August, 1930.

THE BANK OF CHINA.

行銀

Reorganised October 26, 1928, under special charter of The National Gov ernment as, no

The abolition of Safeguarding has hit work-people and employ ers alike.

how

[ asked one employer The would describe the effect of the change and he said that there was only one word for it- "Hell."

That short and sharp comment is fully endorsed by the I would rather that he had wired workers who cannot understand | back: "Yes, I am a trader-and! why a Government calling itself a proud of it-for there is no better: Labour Government should take or more useful calling in the work away from them.

world." INTERNATIONAL EXCHANGE

Shopkeepers, Too. And it is

the glavo not only .$25,000,000.00 trade that is hard hit. The shop

$24,710,200.00 keepera, whose prosperity depends .$ 3,820,603.82 on the workpeople having money

to spend, are also heavy losers. HEAD OFFICE: SHANGHAI,

Orders began to fall off about four months ago, when the mer chants, knowing that the duty would be abolished at the end of the year, began to hold back

BANK. Subscribed Capital Pald-Up Capital Reserve Funds

HONG KONG BRANCH:

4, Queen's Road Central.

Owing to our numerous branches

"Parent Goodwill,"

Major Astor, M.P., said business men all over the world had been forced to study the economics of de- pression, and many of them had formed the impression that to re- trench on advertising was not neces- sarily to economise. He continued: Newspapers have no reason to be ashamed of their advertisement columns and activities. If it wasn't for their big displays, the mass pro- ducer and the great store would be well on their return journeys to the village smithy and the pedlar's pack. Both are compelled to keep

China and large connections in the im. orders, in anticipation of the portant commercial centres of the flood of cheap stuff from the Con- world, we are able to extend to our tinent.

An official statement in the clients special facilities for domestic and foreign banking and exchanges.

Houst of Commons shows We also handle the issue of Bondi

poured in, with and other Public Funds of the Chin-how imports ese Government both at home and the abolition of Safeguarding. In in touch with their customers and abroad,

January, 1930, 39,069 dozen pairs to keep them informed of op- SHOU J. CHEN, of leather and fur gloves arrived

Manager. in

Britain, in January, 1931, figure had become 143,917 dozen pairs.

Hong Kong, 5th March, 1931.

THE BANK OF CANTON, LTD.

Established 1912.

Head Ofce-Hiong Kong.

Authorised Capital (H.K. Darrena7) $11,000,000 Pald-Up Capital.

8,635,600 Reserve Fund

1,100.000

BRANCHE:-- Canton, Shanghai, Hankow, Swakɔw.

CORRESPONDENTS

LONDON BANKERS |--

The Lloyd's Back, Limited.

in all principal diler of the World.

Parpaga sonnage and banking business, of sury' description trasscted,

Safe Deposit Bozie (vatione vises) as a rosely cantal of trom 65 to 445,

LOOK POONG SHAN,

Chief Managor.

that

portunities.

THURSDAY, APRIL 30, 1931..

THE

HONG KONG

PENINSULA HOTEL;

HONG KONG HOTEL; REPULSE BAY HOTEL;

PEAK HOTEL

AND

SHANGHAI

ASTOR HOUSE HOTEL; PALACE HOTEL;

HOTELS,

LIMITED

In association with the Grand Hotel des Wagons Lits, Peking.

THE HARBOUR VIEW PRIVATE HOTEL.

9-12, Chatham Kand, Kawloon. Finest Situation on the Peninsula. Large Airy Rooms with Pull Benefit of the Cool Sea Breezes. Unequalled Cuisine.

Phone Tel. 56794.

Proprietress:-Mrı. Gardiner,

MARBLE HALL

Cable Add. "Harview."

21. Nathan Rd., Kowloon.

Tel. 57089.

A SELECT PRIVATE HOTEL FURNISHED WITH AN EYE TO THE COMFORT OF ITS TENANTS.

K. FUJIYAMA

PHOTOGRAPHER

ANNOUNCES HIS REMOVAL

To

2, WYNDHAM STREET,

3rd floor.

IL

DAILY CROSS- WORD PUZZLE.

apon Mass production-and our industrial future will largely depend cannot wait for slow More than half of the gloves in growth of demand: it requires question, came from Italy.

quick results; and

speed and

It is the same story with regard through what other medium is it to

get them?

Advertising la the legitimate parent of good will. Reduce it, and Ground good will diminishes also. is lost, and it seems well established that ground lost in this way is very costly to regain.

Mr. M.

to cotton fabric gloves and other kinds of gloves, but these do not affect this town as they affect other parts of the country.

Some of these imports were ac- counted for in a curious way Bengkak, Haw York and San Francisc. Sonic London merchants had in slock before Christmas foreign. made gloves on which they had paid duty. Seeing that the duty was to be abolished, they re-ex

Shigemitsu, Acting ported them and got the drawback | Japanese Minister to China, ac- to which they were entitled from companied by Messrs. Mariya and the Government. After January | Asaga, left Shanghai for Japan on 1, when the duty was abolished, April 21 on the N.Y.K. .s. Shang- they again imported the Bam hai Maru. He has been recalled to Tokyo by his Government for | gloves.

Even after making every allow-consultation on the negotiations: ance, however, for that sort of with Dr. C. T. Wang over extra- thing. it is obvious that the territoriality. His departure hasi genuine importation of gloves been postponed several times, duc from abroad Increased enormous- to Illness. It is expected that his ly with the abolition of Safeguard stay in Tokyo will be a very brief ing and will increase still far one and that he will return to ther. Although the biggest Im-China before the Teissports for January came from Italy, month.

manufacturers are more afraid of Foodbow. Czecho-Slovakia, which, according Borsbe to their information, le laying it all the workers to belong to the self out on a large, scale to cap-appropriate Trades Unions. ture the British glove market.

THE BANK OF TAIWAN, LTD. (TAIWAN GINKO.)

HEAD OFFICE:Taipeh, Formoss. Incorporated by Special Imperial Charter, 1899.

Central Bank in Formosa.

Bank-Noter sued Avarage umosul „Tan. 60,000,000 BRANCHES AND AGENCIES: JAPAN-Tokyo, Tokohama, Kobe, Osaka FORMOSA-san, Kagi, Karanko,

kong, Hanto, Shiachku. Talohn, Takao, Tamal, Town, Haito, Talio. CHINA), Hanker, Amoy,

Calouste

SWALOW, Canton. OTHERS-Hong Kong, Bingsport,

Semarang. Batavia, House London, New York, Dairen.

LONDON BANKERS, The Landon County Westminster and Parr's Bak

The Bank has Consepondasis in all ska principal Commercial Centres throughest the world.

E. NAGURÁ.

Manager. HONG KONG BRANCH:

Hong Kong

2, Dee Faux Bond Central, ik January, 1929

ALEXANDER'S INSTITUT DE BEAUTE

For the best Permanent Finger and Marcel Waves. Hair Cutting and Manicure for Ladies and Gentlemen. Pedder Bldg 1st floor. Room 5.° Tel. 25169, Opposite entrance II.K. Hotel.

+

end of this

In most of the factories there is posted.. up. an account of the work of the Joint Industrial Coun- cil, and in this it is claimed that the Counoll "got the Government to impose a duty on all leather

Short Time for Cutters. --During the past four years in this town, glove cutters have been at a premium and have been able to earn good money. "Our glove cutters," said one manufacturer, and fabric gloves, which will "never lost an hour's work. Now mean, at least, that the British they are all on short time.”.

trade will be considerably "busler Manufacturers state

further during the next five years." that imports through the parcel

The date of this poster post (which are not Includ- 1925, and the workers have read ed in the official figures) have it day by day since then. Is it eur- heen enormous since the begin-prising that they are now in- ning of the year,

туде

dignantly asking why the prosper-

A visit to the local Labour Exity of the town should suddenly change.confirmed everything that have been undermined?

Mos!

to

had been told by the manu- facturersnhd workmen. people do. .not like going the Labour Exchange, but home of them are already learning the game and are asking for short time to be so: arranged so to en- able themṛto draw the "dole."

Workmen are just as keen as employers for the restriction of Safeguarding. The relation be

QUALITY PRINTING tween masters and men have in-

WithQuick

Service

| variably been of the best. There Be a Joint Industriel Council for the industry, and this Council ad vises all employers to belong to the employers organisation and

(Continued on Next Colures,)..

YESTERDAY'S SOLUTION

ANDES FUR

SE UTENTAM SE REVERSE IDAL URATE JED SLOWER

DORIES: IS RUN EDIT

GENS

ADO

NED TOY

(This cross-word puzzle has been made by an expert but our readers are warned to look out for occasional phonetic spellings, such as harbor, plow, and altho.)

124.

2

13

HORIZONTAL

1-An astray

3-Mistake

-Butt

10-Adjust

12-Ensnare

14-Near

16

17

16

13

8

K2

Bb

39

N3 194

48

54

171

50

HORIZONTAL (Cont); VERTICAL (Cont)" #51-Title of former $19-Swiss river.

ruler of Rumin 20-Feminina nama 13-The lowest possible(21-Prong

point

155-A rodent,

56-Bualia

-15-Part of verb "To be" 53-To excavate

ES-A couch

18-Obtain.

19-Accomplish

60-Negative

10-Feminina nama 20-flest

162-Dab

22-Performed

24-A hallow-horned,

ruminant

64-Moved swiftly

(66-Consume

4

166-80**

26-The language

of

ancient Romą 28-Attitude

30-Mistake

·31–The atmosphere 32-Likewise not 34-A 'number 35-A continent

· 35-A yilings. In

Greenland 33-Point of compasa -39–A kind of rubber

40-A nobla 43-The Endanītras. 45-The “whofu. 47-Fish.200

48-Radical (abbr.). ;;t

49-Receptacle for coat

[68-A-common deg

19-Mimle

70-A, drunkard

123-8peck

$25-Trials

26-Fifty-two (Roman) 27-Used in-negation |29-Member of the

Senate

31-A nower 33-Very' swift 35-Polsonova sorpent (37-Boy's name (short)

41-An 200

42-Porulo 43-Neat

71-To establish firmly (44-Organ”of hearing

VERTICAL

·1-·imall ̈rug " 2-Printer's measure S-Gain

++Beforò

5-Urge

6-Tali grasa ster 7-Ahead

B-Color

9-Wander

[11-Entrance

[18-Keepsake

45-Emmet... 17-End

L

45-Apporo

45-Youth

49-Owned

100-Thiak

52-Tear }64-Ring,

ĮBR-A (TOW!

67-Nominsta

15946phere

(61-A: grain {65-High_hit!" (Eng) 64-A,Tabrio with a

nöbided Msitude",

65-8k1iful:

67-Towards 89-Indefinite

The solution of the above crossword puzzle will appear in

Issue along with a new cross-toord puzzle.)