1931-05-05 — Page 2

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION.

Authorised Capita

$60,000,0

Issued and Pully Paid up $20,000,000 Bear Funde —

Blating

Bilver

$29,000,000

Rare Liability of Propristore... $31,000.00

HEAD OFFICE: HONG KONG.

BOARD OF DIRECTORY: --

Hon. Str. C. (1. 8. Mackis. Chairman.

11on, Me, J. J. Falerio,, Deputy Charram.

W, 1, Ball, Bay

2. Ponze. Pag.

4. 13. Compton, Parq 3. A. Plummet. Est

B. Lander Lewis, East. . . . Shaw, Kię.

4

Mag.

A MOT

BANGKOK

BATAVIA BOMBAY

CALCUTTA

CANTON

CHEFOO

GOLAM DO

DAIRES

PHOCIO

J. P. Warz. Esq.

Chief Madager.

V. $. Grapbura. Eng.

TEARPHONG

BAMIGRA

HANKOW

ESAXDIN

BUNGEEW

ITALO

EFES

JOIKILE

ROBE

KOWLOON

BRANCHES:--

KUALA LESIPUR

USDON

LVONA

MALACCA

MANHA MBAB MURDEN

KEW YORK

PEIPINO

PENANG

BANDON

NATION

SAN FRANCINE>

KHASURIA,

SINHALORE

SEMERAHSYA

SINGEL PAT4 NA

TENTSIN

10

TSOLAD

YOKOHAMA

Curtest Annuate opened in Lars! Custendy

Fized imita Teruirad for us your u aburte: peritele in Lop! Currwing and acting on Carmi teh will be quoted en applicati Hong Kong. 28th February. 1931,

HONG KONG SAVINGS BANK.

The

site of slim alura task is comfees. why is ONG KONG AND SHANGHAR HASKING CORPORATION, Etulee nay ba

obtained an "ING AND SHANOBAL

FOR THE BANKING CORPORATION.

V. M, HAYBURN,

Chief Magn.

Hong Kong, 18th July, 1999,

BANQUE DE L'INDO-CHINE.

HEAD OFFICE:

96, Boulevard Haussmann, Paris.

Subscribed Capital Frs, 72,000,000,00 Pak-Up Capital...Frs. 68,400,000,00 Reserve Funds Frs.102,000,000.00

Bangkok Hattambang Ba Cantho

Canton

Djibouti

Haiphong

BRANCHES: Hong Kung Quinhos

Salgon Mengize Shanghai Nam-Đinh Nrumen

Fort-Bayard Papeete

Hankow Hanoi

Singapore Thanhea Tientsin

Peking Tobrune

Puom-anh Vinh

Pondicherry Yunnanfu BANKERS:

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

Generale,

ziete

IN LONDON: The National Provin cial & Union Bank of England, Ltd.; Comptoir National d'Escompte de Paria; Credit Lyonnais.

IN NEW YORK: J. P. Morgan & Co.; French Americnt 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,

Hong Kong, 1st May, 1929.

THE CHINA MAIL.

THE HO HONG BANK, LTD.

(Established 1917.)

HEAD OFFICE:~SINGAPORE. Hong Kong Branch: 13. Queen's Rd. G.

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA. Incorporated by Royal Charter, 1853.

HEAD OFFICE: LONDON.

Authorised Capital Straits $20,000,000 Paid-up Capital

.£3,000,000 Issued Capital .... Reservo Fund

£1,000,000 | Paid-up Capital

.£3,000,000

Reserve Liability of Pro-

prietors

Agencles and Branches:

(Malay Histor)

AMRITSAN

ALOR STAR

BANGKOK

DATAYIA BOMBAY GALGUITA CANTON CAWNPORE JXBU

COLOMBO

DAIREN (Delay

Houth Monbuc)

DELU

HAIPHONG

KAMU

HANKOW

IIARBIN

IN. Manchuria)

HÙNG KIND

ILONO

FPOR

KARACHI

RLANO

KORE

KUALA KANOBAR

Tarak M.5.)

KUALA LUMPU; KUCHINO

MADHAN

MANILA

REDAN

NEW YORK

PEKINO

PENANG

1LA NGOUA

HAIGON

REMAGAND

SEDEN BAN

SHANGHAI

SINGAPORE

BOURABAYA

TAIPING (P.M.S.)

TAVOY

TIENTSIN

TOKYO

TUNDRAH (Dux44)

THENOVAO

YOKOHAMA

ZAMBOANGA

(Philippise leas}

Foreign Exchange and Banking business transacted.

Gonorai

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

A. R. FERGUSON,

Manager. hang Kong. 8th January, 1029.

THE NATIONAL CITY BANK

OF NEW YORK.

HEAD OFFICE: 55, Wall Street, New York,

Capital, Surplus and

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

Branches in;—

ARGENTINE LONDON

BELGIUM

BRAZIL

CHILE

ISLANDS

MEXICO

PANAMA

PERU

CHINA

PHILIPPINE

COLOMBIA

CUBA

PORTO RICO

DUMINICAN

REPUBLIC

INDIA

ITALY

JAPAN

STRAITS

SETTLEMENTS URUGUAY

VENEZUELA

Commercial and Travellers' Letters of Credit, Travellers' Cheques, Bills of Exchange and Cable Transfers Lought 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 Gus- 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), S.A., in Paris and Nice.

F. McD. COURTNEY,

Manager. Hong Kong, 20th February, 1931.

THE

AMERICAN EXPRESS COMPANY,

INC.

Head OfEce: 65, Broadway. New York.

Manager.

Capital Surplus Reserves

THE YOKOHAMA SPECIE BANK,

LIMITED.

Established 1880.

Capital (fully paid-up) Yen 100,000,000 Reserve Fund ........Yen 115,000,000

Head Office-YOKOHAMA.

Branches and Agencies at:

Alexandria

Batavia

Berlin

Bombay

Calcutta

Canton

Changchun

Manila

Nagasaki

Nagoya Newchwang

New York Osaka

Pelping

Dairen (Dalny) Rangoon Fengtion (Mukden) Rio de Janeira Hamburg

Hankow

Harbin

trong Kong

Honolulu

Karachi

Yuen Kai

3

Kobe

London

Lyons

San Francisco

Seattle Semarang Shanghal Shimonoseki

Singapore

Soerabaya

4

Sydney Tientsin Tokyo

Taingtau

"

Los Angeles

Interest allowed op Current Ac- counts.

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

4 H. MORI,

Manager. Hong Kong, 11th April, 1981.

Anirde

All warp

Asban

Deta

.1.5.$6,000.000 .U.S.$1,672,454 .U.S.$1,008,209

BRANCHES:-

Berlia

Baráts Dobs

theana Cargow Havana Hamburg Harmo Interlaken Jerueniat Drame

Lido Brunet

Loodog Bra Liverpool Cairo Calcutta Cause

Nice

Naples

Pispous Parla

Feby

Icking Pelarmio

Fesserdam

Lucara Luxor Mario Monte Varia

Colombo

Corsettingpla

GODT

والصور

M

M

Bema Kamboul Shanghai Southamptoo

Hangupors St. Morit Tiantain Viacha Tex Yokohama Zurich

Copenhagen Extabur Floren

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

Reserve Liabilities

of Shareholders. Surplus

8,000,000 4,000,000

and

Commerce

Finance

rate

TUESDAY, MAY 5, 1931.

MERCANTILE BANK.

distribu-

fidence in trade recovery and an ultimate return to more normal conditions.

Another Indian exchange bank, the Mercantile Bank of India, is maintaining Ita dividend, the

While steady progress has been directors announcing a

observed throughout the Okanagan tion for 1930 at the customary district, it has been more marked of 16 per cent.. Anys Tha during the past year on the south- Times. Net earnings for 1930 de ern irrigation area around Oliver before clired by 17 per cent, but their and Osoyoos where over 500 zeres PLAN OF A CUSTOMS attitude of notifying even

anything has actually happened, total. £213,340, was still sufficient of orchard and vegetable land has UNION.

or been agreed upon, could at the to provide for a further appropria-een taken up by new settlers at utmost earn us the reproach of tion of £20,000 to the reserve, prices ranging from $80 an acre for exaggerated loyalty, but not the re-

raising it to £1,500,000. While raw land to $750 for improved and proach that we disturb the peace the total of the balance-sheet, bearing orchards and approximately of Europe. I insist on the date on £17,643,624, is only slightly less 25,000 young fruit trees planted. which the German Government ap than a year ago, movements in the In addition, approximately $100,- proved of the decision reached by individual items reflect the falling 000 has been expended during the the two foreign ministers. It was off in Indian and Far Eastern | year in building construction, March 18 and the Austrian Govern: trade. ment approved on March 19. On the 20th of March 1 notified the Austrian National Council through and the proper Hend committee on March 21 the natification was sent out to the majority of states.

1,600,000 Interview with Austrian

Foreign Minister.

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

Every doscription of Banking and Exchange business transacted.

TAN ENG HOOL,

Manager.

NEDERLANDSCHE HANDEL- MAATSCHAPPIJ, N.V.

(NETHERLANDS TRADING BOCIETY:

BANKERS

Established 1824.

1 Kong OM-11, Queen's Book Central.

Authorised Capital ........ Quiders 100,000,000- (813,800,000.) Paid-Up Capital Galdera €0,000,000 (0,060,170) Be Puod ........ Cudace 40,015.000 (21,534,887)

fleed Off-AMSTERDAM* Zestern Head Umce:-BATAVIA, BHA SCHER Bandjstmasin, Bandang, Bombay Calcutta, Charbon, Dietaber. Blok Jakarta". The lineset, Jaddah. Köbo,

Este Radia Matas, Medan, Padang Palembang. Fokalny Png Postk Fangoo, Bosterdam Samarang, Rkangan). Bitola (Humeira), Hingapore, Boursbeis, Boerakarls (Bolo), Term?, Tjisjay sad

Weltevreden".

* These offices hara safe deposit boxes so lah. London Bankers-National Provincial Bank Lid. Corrispondiala ati over the world Binking businece of sterz description transacted.

A. STOKKINK,

Aming ManagM.

Hong Kong, 18ă August, 1989.

THE BANK OF CHINA.

行銀國中

there were

Thus loans and advances at On January 31, £5,449,422, compare with £6.720,- 310,214 boxes of apples in common 420, and bills receivable have de- and cold storage in the Okanagan clined from £2,927,590 to £2,510,- Valley. On February 28, this 854. Investments, on the other hand number had shrunk to 177,604. In are £966,000 larger at £5,720,000, vegetables there was also a remark- Treaty With Germany?

and ensh has risen from £2,162,000 | able clearance. On January 31 We tried last year to conclude a

to £2,667,000.. With their long ex- there were in the Valley 5,223 tons Iperience of Eastern trade the de-of

On and onions. potatoes trade treaty with Germany.

cision of the boards of these two February 28 there were 2,853 tons, hardly improved the situation and

aa long as the important banks to maintain their a reduction of almost 100 per cent. could not do so,

clause dividends

is indicative of con- in 28 days. most favoured treatment forbinde Germany to favour Austria in any way, Preference duties have not yet been approved of. But

[By Our Correspondent.)

Vienna March 31. Vice-Chancellor and Foreign Minister Dr; Johann Schober

your correspondent and ceived spoke in detail of the attitude of Austria regarding the plan of a customs union with Germany.

Foreign Minister Dr. Schaber declared: Austria has repeatedly appealed to the conscience of the to the conscience of world and Europe, and I would emphasize gratefully

the League of Nalions as a matter of fact in 1922 Kave Austria financia: assistance. But it was unable to improve Aus. trian economic life and all efforts. even those of the League, to help Austria in this respect, had no Huccess. In 1925 the league of Nations instructed the Succession be found, unless we are all to be States and the neighbours of

ruined. Finally we thought and Austria as to how Austria might still believe that a customs union be assisted and how +

that

market

they will have to be approved of, because a way out of the difficul ties, established by the favoured treatment clause,

most must

the dim- might be assured to her products might be a way out of

We reached and in particular to her industrial calty. That is why

this result. We must, if the Suc- products. But nothing was done

cession States who have founded And economie difficulties in

an artificial industry, exclude our Europe. particularly in Central products by prohibitive duties, and Europe grew from year to yet do nothing to help us, find some and finally, led to the fact that the

breathing space. Though our French Foreign Minister himself

geographical situation' is HO Ftarted the idea of economic col favourable, in the heart of Europe. laboration of the European states. we are surrounded by customs bar-

Pan-European Front.

riers on all sides, customa barriers. In September 1930

which separate us from our former European front was formed. I was

markets.

海

Pan-

Reorganised October 26, 1928, ander present in this conference in my

ernment as an

INTERNATIONAL EXCHANGE

BANK,

Subscribed Capital Paid-Up Capital Reserve Fanis

HEAD OFFICE: SHANGHAL

الا الله الاسلام

HONG KONG BRANCH: 4, Queen's Road Central,

Nevertheless we have not limit-

special charter of The National Gov-quality of Austrian Federal Chaned ourselves to Germany; we are cellor. I must say that I heard negotiating a trade treaty with nothing but complaints in Geneva Hungary which is to be establish- en the failure of all the attempts, ed on a regional basis and on new $25,000,000.00 but that I witnessed no positivo ideas and we hope that after . $24,710,200.00 | statement regarding any help to be Easter these negotiations will 83,820,503.82 expected within any given. time. come to a satisfactory conclusion.

that The result was the Pan-We intend doing the same thing Europe Commission should make with Yugoslavia. On the other proposals. On the occasion of that hand, Germany Is conducting negotiations just now, here in Vienna, with Roumania. Ample proof that we are seeking Central Europe and Europe, and not only and Austria, I think that we have only done our duty towards two states and our population, but also towards the whole of Europe. Nothing. was further from our in- tentions than the disturbance the peace of Europe.

We also handle the issue of Bonds and other Public Funds of the Chin Government both at home

abroad.

SHOU J. CHEN,

Hong Kong, 5th March, 1931.

and

Our

of

conference in September 1930, I suggested in face of the absolutely negative results, that an attempt Owing to our numerous branches in be made to create groups of states China and large connections in the im-by means of regional agreements.a customs union between Germany portant commercial centres of the world, we are able to extend to our these states having similar in clients special facilities for domestic terests and the arrangement tend and foreign banking and exchanges. ing in particular to the exchange of commodities; these groups might form the beginning of Fan Europe. I further declared: If the other 27 states have time to Manager.nit for the development of Pan

Europa, we in Central Europe, and we Austrians in particular, have not gat time to wait, becauso economic distress in these destroy- ed and dismembered 'economic ter ritories is far greater than else where, so that we must insist on immediate assistance. On January 151 again was present at the Pan- European conference at Geneva and spent two days there--but not the slightest positive result could be reached.

THE BANK OF CANTON, LTD. Established 1912.

Head Office:-Iong Kong.

Authorlard Capital (IL.E. Currency $11,000,000 Paid-up Capital

8.205.co Reserve Fund IITTAMASSER 1, 1:10,000

Canton, kaughai, Hakow, sow. Bangkok, New York and Kao Franson,

CORRESPONDENTS

BRANORIES

LONDON BANKERS: --

The Lloyd's Bank, Land.

In all principal cities of the World.

Forsign Toys and booking business of stary description treated.

Bata Depaalt Basen (varieze piano) si a yearly Matal of hom 25 to $1,

LOOK POONG SHAN,

Chief Manager.

Curtius Consulted. When

Foreign the German Minister Dr. Curtius came to Vienna we consulted on all the We aspects of the situation. reached the decision that we would undertake a practical' attempt and declare our readiness to conclude

THE BANK OF TAIWAN, LTD. |a German-Austrian Customs Union,

(TAIWAN GINKO.)

HEAD OFFICE:-Talpeb, Formosa.

incorporated by Special Imperial Charter, 1899.

Central Bank to Porto.

that is, to negotiate on the matter to invite third States to participate and, the occasion thus arising in- form the States that might be in- terested, that we were ready to start negotiations. We thought of

All classes of Commercial Banking Back-Notes wound Arrage aus. 45,006,000 availing ourselves of the next Pan-

Transactions undertaken,

Personal investment handled.

BRANCHES AND AGENCIES: JAPANI-Tokyo, Tekobama, Iobe, Unala. FORMOSA 31rma,

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 Da- partment.

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,

HONG KONG

Capital and Surplus...................

Total Resources..........

over $ 8,000,000.00 | *** over H.480,000,000.00

Every description of Banking and Exchange business

transacted

Current and Fixed Deposit Accounts In local and for-

siga currencies opened for cliebta.

Savings Account and Safe Deposit Boxes, p Branches and Agencies all over the world.

KAN TONG PO,

Chief Mansrér.

Blow, Canton.

Europe Commission in submit this proposal.

order to On this

Fag, Karnio Kielony. Makorg Ninto, Balickily, Falcks, Ti point we separated. I declare: the Takao. Tamui, Town, Ballo, Talla GEXINA Changhai, Hankow, Amor, Foockow, firm intention of two Foreign

Ministers to bring about

an im- Calot,provement of economic conditions in Central Europe and thereby in

OTHERS-Boog Long, Singapore, Boersbays,

Barang, Batari, om bay, London, New York, Dalein.

LONDON DANKEES ;

The Londos County Westminster and Pur's the whole of Europe by stating our

"The Bank has domespondante in all the principal, Commercial Cities throughout the world.

L. NAGUDA.

'Makagar-

HONG KONG BRANCH.

Des Voeux Bond Central. Boeg Xon 10th January, 1923

readiness to start negotiations on a customs union and to invite third States to participate--that is all we have done and nothing else. The date envisaged by us, and before which we wanted once more to speak of the matter, suddenly wae

EXBOROTTLINGELLIR ELFERYALL|||||||¶¶¶¶ cancelled

COASTWISE

by

"ALGIE" BENNETT. An interesting book of Cartoons depicting "Happenings" on the China Coast

PRICE $1.00..

Now on sale et BREWEES

WHITEAWAY, LAIDLAW EXCELSIOR BOOK STORE.

and at the Publishers

The Newspaper Enterprise, Ltd, Chian Mall Building, ...........................||||||||||||||||||UKSA

because the German Government remembered that on March 24 the preparatory commit- tee for the next Pan-European Con- ference would meet in Paris. The German government thought it was necessary to notify the states that jare Interested in the "matter of our resolution already before this date.

No Surprise Intended Perhaps, in view of the fact that ao agreement. existed and that we only agreed on some fundamental outlines, this notification Waa superfluous, пог do I know whether two other States in Europa 'feel' obliged ・ to notify the whole of the continent re- garding what they have discussed together. The two States have. only done so in order that an im- pression of surprise should not ba created: and that, no one should re- proach us. I think that this cor- rect or rather excessively correct

DYSPEPSIA !

Poor Blood

Is the Primary Cause.

Disorders of the digestion, whether mild or severe, need treatment which goes to the fundamental cause — poor blood. When the blood is thin and watery the digestive organs are weak and ill-nourished. In addition, poor blood is unable to supply the necessary elements required in the digestive juices which act upon the food in order to render it assimilable. Anti-acid

of compounds such alkalis 15 magnesia and soda only give tem-

Bub porary relief.

to remove

the actual cause you must build - "ነ nnd enrich the blood with

!

Dr. Williams' Pink Pills

This world-famous blood and nerve tonle contains valuable elements which invigorate and tone up the whole aystem simultaneously. They make fresh supplies of rich new blood which enables the digestive organs to perform their duties thoroughly and easily.

BANISH DIGESTIVE TROUBLES BY

BUILDING UP BLOOD AND NERVES.

GET A BOTTLE FROM YOUR CHEMIST TO-DAY..

SUNDSTRAND

FOR

SPEED

ADDING-SUBTRACTING

SIMPLICITY

RELIABILITY

ACCURACY

COMPACTNESS

MACHINES.

Sole Agents:

DIAL 28021.

For our

representative to

demonstrate its

powers in

your office.

DODWELL & CO., LTD.

G