1931-06-10 — Page 2

di

THE CHINA MAIL.

Reserve Liability of Pro-

prietors

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

HEAD OFFICE: SINGAPORE. Hong Kong Branch: 13, Queen's Rd. C. Authorised Capital Straits $20,000,000 Issued Capital'... Paid-up Capital ... Liabilities

#

8,000,000

H

4,000,000

Ageacles and Branches:

of Shareholders, Surplus

4,000,000 2,520,000

KUALA LUMPtin

KUCHING

HAADRAS

MANILA

MEDAN

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION.

Aztioribed Depitel

fund and. Fully Pald-up, X3,000,00 Basert Fund -

....... € 4,400,000

Bilver................. $10,000,000

Haberry Tale'dity of Proprietors... B,000,000

HEAD OFFICE: HONG KONG,

BOARD OF DIRECTORS —

Hoo, Ma, 0, 0, 'B. Mackie, Chairman.

ton. Mr. J. J. Paterson, Deputy Chairmanı.

Het Mà 4. M. Dall, T. E. Pearse, Esq. -

A. H. Compion, May, J. A. Flommal, Esq.

B. Lander Lewis, Zaq. T. .H. R. Shaw, Baj.

0. Miskin, Esq.

J. P. Warren, Esq.

Okiet Manager

V. M. Graybara, E

BRANCHES:-

LONDON

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA. Incorporated by Royal Charter, 1888.

HEAD OFFICE: LONDON.

Paid-up Capital Reserve Fund

ALOR UTAR

(Malay (lato)"

BANGKOK

BATAVIA BOMBAY JALOUTTA. CANTON CAWNPORE

OEBU

COLON DO

DAIREN (Balay

Bouth Manchuria)

DELIN

DAIPHONG

HAMBURG

HANKOW

HARDIN

NEW YORK

PEKING

PENANO" KANGOON

BEMARAKO

THE HO HONG BANK, LTD.

(Established 1917.)

AMOR

ВАНОКОМ

BATAVIA

LYONS

MALACCA

BOMBAY.

MANILA

CALOUTTA CANTON

MUAR (Jokorsi

KURDEN

NEW YORK

PEIPING

QOLOMBO

FENANG

HANDOON

DAIBEN

FOOCHOW

HAIPHONG

BARON

HAMBUBO

BAN FRANCISON

HANKOW

NILANG HAL

HARBIN

BINGAPORE

SURABAYA

·BUNURI PATANY

HONGKEW

ILOILO

IPOU

JOHORE

XOBZ

KOWLOON

KUALA LUMPUR

ZIGSTEIN

ΤΑΕΤΟ

TSINGTAO

YOKORAMA

Current Account opened to Local Curren

and Fixed Deposit received for year or storier periods in Ipsal Currines and Barling en termo walk will be quoted on application.

No Tooth February, 1991.

HONG KONG SAVINGS BANK.

The Best of the abors Bank is conduct. by the HONG KONG AND SHANGHAI BANKING CORPORATION. Buise may be obtained na application..

FOR THE HONGKONG AND SHANGHAI BANKING CORPORATION.

V. M. ORAYBURN,

Chief Manager,

Uang Kong, 8th July, 1980:

BANQUE DE L'INDO-CHINE.

HEAD OFFICE:

96, Boulevard Haussmann, Paris. Subscribed Capital Frs. 72,000,000.00 Pald-Up Capital...Frs. 68,400,000.00 Reserve Funds ....Fra.102,000,000.00

Bangkok

Battambang Hur

Cantho

Canton

DRANCHES: Hong Kong Quinbon

Salgon Mengtzo Shanghal Num-Dia Singapare NameA Thanha

Tientsin Haiphong Peking Tourane

Phom-Pinh Vinh Pondichery Yunnanfu DANKERS:

Djibouti

Fort-Bayard Papeeto,

Hankow

Hanoi

IN FRANCE: Comptoir National

d'Escompte de Paris; Credit Lyonnais; Banque de Paris et des Pays-Bas; Credit Industriel et Commercial; So- cube Generale.

IN LONDON: The National Provin cla & Union Bank of England, Ltd.;

Comptoir National d'Escompte

Parla; Credit Lyonnais..

de

IN NEW YORK: J. P. Morgan & Ca., French American Banking Cer poration; Guaranty Trust Co. of New

York.

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

Every description of Banking and Exchange Business transacted.

Safe Deposit Boxes to lot.

A. BONNAUD,

AMRITSAR

SAIGON

BEREMDAN

BHANUEL

RINGAPORE

SITIAWAN

SOURABAYA

(N. Manchuria! »

TAIPING (FM.B.)

HONG KONG

TAVOY

ILOILO

TIENTSIH.

TOKYO

TONGKAH (Bhuket)

[PDF

KARACHI

KLANG

KOBE

BATA KANDRAE

(Perek F.M.S.J

TAINOJAO

POROJAMA

ZAMBOANGA

Foreign Exchange

(Philippine Islands)

and Солота!

Ranking business transacted.

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

J. STUART,

Acting Manager.

Hong Kong, 28th May, 1931.

THE NATIONAL CITY BANK

OF NEW YORK.

HEAD OFFICE: 55; Wall Street, Now York,

Capital, Surplus and

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

Branches Int

ARGENTINE

BELGIUM

BRAZIL

LONDON

MEXICO

*PANAMA

CHILE

PERU

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 accounta and Savings Bank accounts opened and Fixed Deposits in local and for- at rates that elga currencies taken

may be ascertained on application to the Bank.

We are also able to offer our Cus-

H

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

J

Every description of Banking nod Exchange business 'transscted.

TAN ENG-HOOI,

Managor.

NEDERLANDSCHE HANDEL..

MAATSCHAPPIJ, N.V.

(NETHERLANDS TRADING BOCIRTT) «'

DANKERS.

Establishen 1834,`·

Authorised - Dapitht Dildar 188,000,508- (19,500,000) Paid Up Capital Oxide 80, HG,DO

[4,090,170) Reserve Fund síámozonac Valldaru • 40,020,000

{3,34,680)

Head Ofoez-AMSTERDAM' / Kastaro load Ofoe :-BATAVIA,

Commerce and Finance

OUR BUSINESS

PRINCE."

Striking Speech at Manchester.

LESS TALK

PERUVIAN TRADE WITH U.S...

Part Played by Price.

London, May 14."

Peru

The 'Prince of Wales is becoming.

barn.

WEDNESDAY, JUNE 10, 1931.

AFRIDI SECRET ARMS from the machines

FACTORY.

of

the

Royal Enfield factory, Never- theleas, It la a remark- able pleca of work. Small arms exports are agreed about

How They Obtain Their that.

Rifles.

Soldiers on service in India have often wondered how the tribegmen on the North-West Frontier in the neighbourhood of the Kohat Pass became armed with the magazine rifte of British pattern.

They knew that by occasionally taking the British soldier un

with the awares, wounding him dagger or knife, they secured possession of rifles of Enfield manufacture, but

were New York, May 1. known to be other rides more or

about imports

55,000 less faithful copies of the British

TRADE, IN YARN,

there'

'.:

GERMAN FINANCES.

Rumours Of A Moratorium.

Berlin, May 6. The persistent reporta, circu- lating abroad that the German Government is planning to apply for a moratorium under the Young Plan, are being featured by the

German Press, which however has refrained from com- menta, pointing out merely that the alarming drop in revenue and the growth in social expenditure

from arising

unemployment,

would seem to make such a step

sooner or later inevitable.

.t

Was

the

However, it is understood that. the Cabinet so far has made no. decisions whatever, and it is be- lieved that if indeed the Govein-. ment should contemplate re

in one form or other, it would not do so before the important inter- national conferences scheduled for May and June the Euro- pean Commissions and League Council meetings at Geneva and the British-German conference at The Chequers.

a power in the business world and pounds af rayon yarn annually and rifle in comparatively large num- a very great business chief was lost over 185,000 dollars worth of rayon bers, and that the Afridis were Not manufacture, with both markets armed with them. How and where when a Prince was content with the work he did for rapidly expanding as may be shown were they manufactured 7 British trade during his three from a comparison of figures for there some gun-running?

As late as months' visit to South America, the the last few years,

Reports have reached, 660 authorities at home (writes the Prince has hastened on his return 1927, Peru only consumed to visit Birmingham and Manches-pounds of rayon, but in the follow- London Morning Post military tor-opening the reparation question ter in order to give the manufacing year this amount increased to respondent) giving details of the turers there the benefit of the Im-28,000 pounds and in 1929 rose to important discovery of an Afridi Since that Elme "Small Arms Factory" in a ram pressions he has gathered and of 53,000 pounds. the conclusions. he has formed. both the manufactured goods and shackle hut made of mud and The service which he has thus ren- the yarn marketa have continued straw. In this unimposing shelter BRANCHES- Bandjarmas, Bandung, Bombay,dered on this side may well prove to expand with promises of still was found some Improvised machinery-lathes, and drills-of the most rude description, and by means of which old railway lines and other scrap metal were verted into rifles.

With a range of 800 yards or thereabouts, and a "life" of 200 rounds, they were no match for the British ride sighted for aver doable the distance and firing ap- proximately 5,000 rounds before the barrel needed renewing. But they were a distinct advance on their earlier weapons

Paris' The Rogas, Jadda, be, as valuable as that which he had further developments.

Calcutta, Chadbox, Djember, Djok

Kola-Radja, Maksaser, Modao, Padang

Weltevreden.

• Thim aloes here safe deposik bozma sa lak. London Bankaru:-National Provincial Bank Lt. Correspondemia all over the world

Banking business of every Icription sousctað."

A. STOKKINK.

Hong Kong. 19th Angual, 1990,

Manager..

Chief Supplier.. Palembang,Pataloog, Fasang already rendered on the other Prolianak, Biangcon Boda among the potential buyers of the

Although the United States a Bemarang thatgal, Bibolg

Soursbal goods which Birmingham and Man- the chief supplier of yarn to Peru, (Butatra), Bingapore, Bearskurs (Balo), T, Tanchester produce.

His object, as according to the latest statistics he has described it, has been to available, having over 50 per cent. play the part of a liaison officer, in value of the import trade, the and that object he has admirably increasing competition of cheaper has Continental yarns is. stated to be The Prince accomplished. done his part by stimulating the having a deleterious effect. Peru deaire throughout South America is principally a price market and ito cultivate closer trade relations local consumers take every ad- with Great Britain, and by impress-vantage of the keenly competitive ing upon the manufacturers in this elements that exist from time to country the necessity for improve-time in almost every rayon produc- ments both in their manufacturing ing country. The American pro- and in their trading methods ffducts are as a rule dearer than th they are to regain the ground they Continental and the US. per Reorganised October 26, 1928, under have lost in Argentina and in the centage of the actual poundage of imports would probably not exceed special charter of The National Gov-other republica he has visited.

35 per cent.

THE BANK OF CHINA.

行銀國中

ernment an an

INTERNATIONAL EXCHANGE

BANK.

.$25,000,000.00 .$24,710,200.00 .:$ 8,820,503.82

Subscribed, Capital Paid-up Capital Reserve Funds

HEAD OFFICE: 'SHANGHAI.

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

Owing to our numerous branches in

A Few Points.

Here are a few points from his speech at Manchester:-

|

con-

Remarkable Copy. Whether or not the tribesmen re-

ceived assistance from expert armourers is not known, but out of unpromising material they pro- duced a replica of, the British Ser- vice rifle. All the component parts The yarn market in Peru is con- (including the barrel), with tha around Lima with exception of the "bolt," which was centrated smaller centres at Cuzco, Arequipa takon from the British rifle, were' In South America the prestige of and Trujillo, and they are suppli- home-made, and the assembled Great Britain as a manufacturinged entirely by imported yarn, since instrument was, in the circum- country is by no means what it was, there le no domestic production of stances, an extraordinary piece of That feeling exists not only among ayon. The demand for rayon goes work.

back to 1926 wheh important Both wood and metal work follow- South Americans but also among

hosiery ond underwear plants ed closely the lines of the Enfeld the British communities resident

were established: About 72 per rifle, even to the extent of includ- there,

In the War the South American cont. of the yarn imported is re-ing the stamp of Enfield manufac tomers the services of the Brancher Chinn and large connections in the in countries realized the disadvantage qued for hosiery mill, 18 per ture and the Enfield "Viewer's" of the International Banking Corpora-portant commercial centres of the of being so entirely dependent lon in San Francisco and Spain and world, we are able to extend to our other nations their everyday Also of The National City Bank of clients special facilities for deplastic New York (France), S.A., in Paris

and foreign banking and exchanges, quirements. e natural dutcom and Nico."

We aleo handle the issue of Bonds was to stimulate the desire t and other Public Funds of the Chin- foster by means of tariff barriers the exclusion of practically, all sight it looked like a genuine ose Government both at home and their own manufactures. abroad.

This desire is increasing year by and cuprammoniums are negligible used. Closer examination, how

other kinds. Importa of acetate "rack" rifle which had been ill SHOU J. CHEN,

Managor, year, seriously threatening our ex- Hong Kong, 5th March, 1931.

port trade, and I think we have whilst there is absolutely no de-ever, revealed the imposture.. come to a point where we must mand for nitro-cellulose. The pre- It was not highly finished, . En-¡ most carefully consider the advisa-ference for viscose kinds ie at- field product. There was a rough- THE BANK OF CANTON, LTD. bility of in many cases manufac-tributed to the lower prices, pre-ness about some of the metal parts turing in those countries-insidevailing on these yarns, which is a suggesting that the tools available

with major consideration their tariff walls and thus at least, sumers, ensuring a flow af British raw material.

F. McD. COURTNEY,

Manager. Hong Kong: 20th February, 1931.

THE

AMERICAN EXPRESS COMPANY, INC,

Head Office: 65, Broadway, New York

Capital

Manager.

Burplus

Hong Kong, 1st May, 1991.

Reserves

LIMITED.

THE YOKOHAMA, SPECIE BANK,

Established 1880.

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

.Yen 115,000,000

.U.S.$6,000,000 U.S.$1,572,454 U.S.$1,958.209

BRANCHES:-

Amsterdam Antworp

Athens

Bala

Berlin

Geno Alasgow HATA Hamburg Kavya

Nise Naples

Piraeus

Parta

Patang

Втім

Досліжк

Interlaken Jacunaiom

Pakis Palerme

Br

Lido

Rotterdam

Bensoula

Londoa

Вирнов Ана

Liverpool

Bassbool

Detro

Lucarus

Calouste

Lugano

Luxor Kandilis

Constantinopla Monte Carlo

Fibreboa

Newchwang New York Osaka

Kazila Hunish Nantress GTA

Milan Branches of American Express Company in Principal cities of Unit-

Yokohama Zworld

ed States of America and Canada.

Priping Rangoon

Head Office:-YOKOHAMA,

Branches and Agencies at:

Manila Nagasaki Nagoya

Alexandria

Betavin

Berlin.

Bambay

Calcutta

Canton

Canton

Changchun

Dairen. (Dalny).

1

Fengtien (Mukden) Rio de Janeiro

Hamburg

Hankow

Harbin

Hong Kong

Honolitlu

Kai Yuett

Karachi

San Francisco

Seattle...) Semarang Shanghal Shimono eli Singapore Soorobaya Sydney Tientsin Tokyo... Tsingtau Interest allowed on Current Ac-) counts.

Kaba.

London

Los Angelen

Lyons

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

H. MORI,

Manager

Hong Kong, 11th April, 1931,

Chaber Colombo

Сорваласяй Edlebergs

Shanghai Southampton Singapore St. Albri Tintain Viazan

Foaia

...Established 1912

Head Office-Hong Kong,

Authorised Capital (H.E. Ouracy) #11,000,000 Paid-up Capital

8,050,000 Iteers Fundi

1,100,000

BRANONES ;-- Canton, Whanghai, Kankow, Bwalow, Bangkok New York and San Francisco.

CORRESPONDENTS

LONDON BANKEES1—

The Lloyd's Back, Limited.

I si prinsipal alikes of the World. Yoga zange and banking' business" of STAY pod transacted.

Bale Deposit Boxes (rive else) as a yaariy rental si from 3 to $40.

LOOK POONG SHAN,

Chief Manager.

We in this country have a ten- dency to adhere too closely to pre- War types of manufactures.

We used to sell our goods main-

ly on their quality and durability: to-day the majority of people de- alre goods that won't last so long. The taste of the world is in fact becoming as fickle as women's fa- shions.

we

To compete with foreign prices should sacrifice some of the high finish and solidity we have THE BANK OF TAIWAN, LTD. been accustomed to give, without

(TAIWAN GINKO.)

HEAD OFFICE:-Talpeh, Formosa,

Incorporated by Special Imperial Charter, 1899.

Central Bank La Farmoss.

affecting mechanical efficiency and usefulness.

Visits should be made by the heads of firms fairly frequently, A little time should be spent, in Edying the language, of the coun try visited. We are sadly behind

All classes of Commercial Banking Bank-Noise saad Average amount Yen; 15,000,000 the times in the field of advertising,

Transactions undertaken.

Personal investment- handled.

BEANCHES AND, AGENCIES 1 JAPAN-Toby, Yokohama, Kobe, Osaka, accounts FORMOSAÜ Bagi Karenkor

Takeo Tamani, Zay. Hallo, Tulio, GILINA-Bhanghal, Hanzow, 'AMDT.

Evslow, Lante

One of the first things to do is to Beslag improve the present Very inade Makong Nanto, Shinchilla quate British news service in South

Foodkow.

America; we must turn out minds Singapore, Brabanto more modern forms of transport. There are still too many,agents and too much internal throat cutting by individual competing firms.

The Company offers to fatending | orness 2 Travellers the use of its "Travelers Chequer" and Letters of Credit and,

Bemarang Dasaris, Bombay, Imnden, New York, Daizna,

LONDON HABERES:

Chita

In addition,” the world-wide services | The Laulon County Waitinger and Para mak, of Its thoroughly equipped, Travel Do-: partmcat.

The Berk bes Corrsepondasie is all the principal

Affliated with

|· THE CHASE NATIONAL BANK

Resources Over $2,500,000,000

C. H. BENSON,

General Managar.

THE BANK OF EAST ASIA, LTD.

Established 1918.

10, Des Voeux Road, Central.

HEAD OFFICE

TONG KONG

Capital and Surplus

over H.§ 8,000,000.00 -

över H$80,000,000.00

Total Resources

transac

"description of Banking and Exchange business

Current and Fixed Deposit Accounts In. local and, for-

eign currencies opened for clients,

Bavings Account and Safe Deposit Boxes.

Branches and Agencies all over the world...

KAN

Commanial Castem ihroughout the world.

K. MADURA.

HONG KONG BRANJE:

Dex Road Chairi, Hong Kong, 19th January, 1988,

Great Speech. -

The speech was a great one and the Prince has told us not merely to wake up but also what to do when we wake. All that he had to say, should-and will no doubt-be

THE MERCANTILE BANK OF studied with close attention by the

·INDIA, LTD,

KU HRÁD OFFICE,

19, Orsogburn. Birani, Londra, KUS -

Authorised Capital

Subscribed Capital

Paid-up Capital..

£8,000,000

1,600,000 2,050,000

whole nation." Unfortunately we are sometimes quite content to listen and talk but not act, but with the example of the Prince ba fore us, the nation should follow his youthful and virile lead and thus regain some of its lost pros-

Reserve Fund and Rest 2,066,845 perity and make a big step towards

“...... 1-BANKERS :

The Bank of England & Midland Bank, ZARA

Bangkok

Borbay

Calorie

MRBRANCHED:

← Kota Bhar

Husla Krak

punya Zangoca Delhi 24 Lanka Lipis, Shanghal Odila

Inala Kempur - Bimba - Hong Kong. Xosglas (Pahang Bingapor Howrah

Bourabaya

HONG KONG KRATORIES Every 'description-ng Booking and Maobaogs basi |Door Szkymetečk

RETrustee and "Executorshipa::unde

Fixed Depoilt CAA NAM-SHA::

Hong Kong 29th April, 1881

reducing unemployment. —Evening Daily News,

Addressing the: Antigonish Dairy

| Company" :· Ltd, at that centre, W.J. Bird, dairy superintendent for Nova Scotia) strongly urged the raising of more home grown crops and an increased butter fat produc tion per cow. The average

batter

fat' production for all cows tested in Nova Scotia last year, he said, was 232 1ounds per cow, thirteen cows | going over: 500, pounds, 12 over 400, and 645 with over 800

cent by circular knit under-and-mark. Juterer plants and 10 per cent. The rifle of which I speak I saw at the Royal Small Arms Factory Manufacture Livada, by cot and woollen Mills.

at Enfold, where it forms part of Viscose rayon yarn is used to the museum exhibits.

At first

con-

were not capable of the fine ad- justment and Anlah, which

come

Legislative authority has been given the Provincial Government to agreement with the enter into an Federal Government for the purpose of bringing about a greater develop- ment and expansion of the oyster Beherles of New Brunswick.

A grain cleaning plant has, been opened in Hartland by the New Brunswick Department of Agricul ture for the service of growera in Victoria and Carleton counties, to enable them to prepare their grain for export.

MADE

EVANS" Antiseptie Throat PASTILLES are good for your Throat Doctors all over the world recom mend them, knowing the efficient way in which they relievo colds, coughs.catarrh inflamed and septic

broate

From Chanduku weary- wbica, Medesta egind

pool Throat Hosptial

EVANS'

... ANTISEPTIC TANDAT

Pastilles

and so good to my throat!"

nt you acfare that wonderful Embassy flavor ?". ladeed yes and they're so

ing to my throat!"

Embassy

CORK - TIPPED

YOUR THROAT LIKES THEM