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BANKS
HONG KONG AND SHANGHAI BANKING CORPORATION.
Authorlied Captial. Yonament,000,000 Issued and Fully Paid-up $30,000,DOW Kosaryo Funda jin
Mading
Mile
£5,500,000 $10,000,00
Besare Lably of Proprietors 30,000,000 HEAD OFFICE: HONG KONG.
BOARD OF DIRECTORS—
Hon. Mr. C. G. E. Maskis. Chairman
Hoa, Mr. J. J. Paternos, Deputy Chairman.
Hot Mr. H. Bali, T. E. Ferve, Mog.
1. Compla, Esq. J. A. Florimer, Eig.
M. Lander Lewis, Eng.
D. Miskin, Esq.
II. 3. Shaw, R4-
J. F. Warren, Zəq.
Chial Manage
*V. M. Grayburn, Mag.
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THE HO HONG BANK, LTD.
(Established 1917.)
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA. Incorporated by Royal Charter, 1883.
HEAD OFFICE:-SINGAPORE. Hong Kong Branch: 15, Qazen's Rd. C. HEAD OFFICE: LONDON."
Paid-up Capital
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prietors
CEBU
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The Balon of the above Bank in condunt.
ed by saw, HONG KONG AND BUANGHAI BANKING CORPORATION. Rules may ablaled no application,
POB THE HONGKONG AND SHANGHAI BNKING CORPORATION,
V. M. GRAYDUAN,
Hoog Kong, 18th July, 1980,
Calel Aanager.
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 ....Frs.102,000,000.00
BRANCHES: Bangkok Hong Kong Quinhon
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Fort-Bayard Papeete
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IN NEW YORK: J. P. Morgan á 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.
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of Stareholders
Surplus
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Foreign Exchange and General Banking basiness transacted.
Current Accounts opened and Fix- ed Deposita rozelved for 1 year or 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: 65, Wall Street, New York.
Capital, Surplus and
Undivided Profits..U.S.$226,037,392
Branches in:-
ARGENTINE LONDON
BELGIUM
BRAZIL..
CHILE
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STRAITS
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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), S.A, in Paris and Nico.
F. McD. COURTT JY,
Manager. Hong Kong, June 10, 1931,
THE
AMERICAN EXPRESS COMPANY, INC.
Head Ofca: 65, Broadway, New York.
Manager.
Hong Kong, 1st May, 1931,
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:
Manila Nagasaki Nagoya
Alexandria
Batavia
Berlia
Bombay
Canton
Calcutta
Changchun
Newchwang New York 'Osaka
Peiping
Dairen (Dalny) Rangoon Fangtien (Mukden) Rio de Janeiro
San Francisco Seattle Semarang
Hamburg
Hankow Harbin
Hong Kong
Honolulu
Kal Yuen Karachi
Kobe
London
neki
Singapore Soerabaya Sydney Tientsin Tokyo Tsingtan Interest allowed on Current Ac- counts.
Los Angelos Lyons
Deposits received for fixed periods at rates to be obtained on application.
H. MORI
Manager.
Hong Kong, 11th April, 1931.-
4,000,000
2,520,000
Manager.
NEDERLANDSCHE HANDEL- MAATSCHAPPIJ, N.V.
(HETHERIANDO TRADING SOCIETY) BANKERS.
Established 1ÊN.
Hang Enog Don-El, Ghassa's Brad Gezmesi. Suiburied Capital fluidara 150,000,000-
(#13,800,000.) Fald-Up Capital
Bullders 20,080,000 (6,10,170) Batsche Fund mann Opilārs $0.019,000 ° (20,404,360)
fload Offer;=¿MSTERDAM” Eastern Hand Of06 ––BATAVIA,
BRANCHER- Bandamatu, Bandeng. Bomber, Calcutta, Chariban, Djembar, Dui jakaria". The Hague', Jeddah, Kobe; Kota Badia, Makarani, Močan.
Pablo Palambak
Bhanghai,
Fontianak, Daggoon Boited
Hamateng
Bibal
(Sumaira), Singapore, Bourabala Boerakarts (Holo), Torni, Týšlajup and, Walletreden
These silose have sala, deposit baras to ist. London Bankers (—National Providdel, Bank Ltd. Sorrespondents all over the world Banking balnom of EVERY description transacted."
A. STOKKINK.
Hose Kong, 185k Augual), 1830.
Manager.
THE BANK OF CHINA.
行銀國
Reorganised October 28, 1928, under special" charter of The National Gov- ernment as an
BANK.
Subscribed Capital Paid-Up Capital Reserve Funds
HEAD OFFICE; SHANGHAL
HONG KONG BRANCH:
4, Queen's Road Central
Owing to our numerous, branches in China and large connections in the im- world, we are able to extend to our: portant commercial contres of the clients special facilities for domestic. and foreign banking and exchanges.
↑
Commerce and
Finance
COTTON IMPORTS.
THREE NEW KINDS OF SUGAR.
INDIA'S
Low Solubility in Water.
INULIN.
1,000,000,000 Yards Decrease Last Year.
TUESDAY, JUNE 29, 1931.
"TRACTORSTROL"
Vicissitudes at New Russian Factory.
POORLY ORGANISED.
Soviet public attention recently been focused on new Stalingrad
tractor
has
SOURCE OF POWER.
Canneries and Beet Factories."
A BRITISH COMBINE,
The Daily Express understanda the that plans are now being made for plant
which, with its capacity of Afty the amalgamation of two great Bri thousand tractors a year, boasts tish rural industries which will give the designation of being the largest permanent employment to hundreds factory of its kind in the world, of workers and absorb annually an says the Moscow correspondent of
the Manchester Guardian. The un increasing number of unemployed. satisfactory state of production in The two industries are sugar beet this plant has elicited, among other and canneries, which have sprung to "The decline in 'the imports of things, an urgent visit of inspecfirst rate importance in the last few cotton plecegoods during the year tion from the head of the Supreme years. The schema plane the
1930-31 as compared with the pre-Economic Council, Mr. Ordzhoni-malgamation of a number of the
vious financial year, amounted to kidze, a rush to Stalingrad· of ́ ́a Discovery of three new kinds of
more than 1,000 million yards, the leading proletarian poet, a number beet factories and the new can sugar is announced by the United actual" import figures being for of journalists, and "shock neries, States Bureau of Standards. They (1929-30 1,919 million yards and for brigades" of picked workers from
Power is the secret of the scheme. other factories, a challenge to the constituents of 1980-31 890 million yards" were found as
For nine months of the year the These significant figures are Stalingrad workers by their fellows taulin, a white, starch-like, easily published in the summary of the in the Leningrad "Red Putilov" power units of the factories are soluble substance which is found Cotton Association's Committee works; and numerous critical and wasted when beet is not being treat- In the roots of dandelions, goldon, proceedings for April, 1931. An analytical articles in the Press.
ed. The canning Industry, whose rod, Jerusalem artichoke, dahlian analysis of this figure shows that Tractorstroi, að" the ́Stalingrad
imports from the United Kingdom plant is called, is interesting berusy season falls at a different time, dropped from 1,235 million yards cause it is really a microcoam of is compelled at present to construct Inulin is obtained easily by soak to 621 million yards-a fall of 58 the Five-year Plan. The con- new sources of power at great ex-
and Japan's from 562 atant dualism of the Flan, the pense. ing the roots of these composite per cent.; flowering plants in hot water, into 320 million yards-a fall of large-scale construction, the bold- which it dissolves. It is recavered 13.4 per cent. The drop in im-ness and
of sweep
and chicory.
both sharing a common source of
Now, however, after prolonged im-investigations have been made on when the water cools. Chemical ports is attributed to three causes,agination on опе side
and the Continent, it has been realised analysis shows it to be a highly viz., the increased import duties the practical everyday Handi- that all wil benefit by building new complex substance with the extra which took effect from March 1 caps and difficulties on the other, canneries beside the beet factories, ordinary high, molecular weight of the reduced purchasing power of are vividly reflected within approximately 1,800. It was found the country, brought about by a manageable proportions in the ax- to contain shout 100 molecules of fall in commodity prices, and the perience of this plant:
hoycott of imported piecegoods. 6,000 Breakages in Ten Months. would remain distinct concerns, and The factories and the canneries sugar to one of inulin.
When Bureau of Standards but it is impossible to estimate Constructed according to Ameri the working costs of both would be chemists tried to split up this with any exactness the net effect can design and equipped largely greatly reduced. molecule into its constituent sugurs of each factor.
hitherto unknown to chemists.
Solubility in Water.
..
a dismal failure. The
and
out
power,
with foreign machinery, Tractor
An example of the present waste they found that it consisted of 92 The decrease In imports Inte stroi was completed ahead of of power is given by one factory chief ports of India scheduled time, and opened for which generates enough power to per cent. of the well-known sugar, cach of the fevulose or fructose, many times is shown by the following figures operation amid a flourish of trum-nght all Lincolnshire! sweeter than the common sucrose, for the year 1929-30 and 1930-31.pete in June, 1930. From that
Calcutta imports fell from 867 date its troubles began. Its first arise from the fact that the sugar A further great saving would or cane sugar, which is used on the table; 3 per cent, was glucose the to 345 million yards.
manager, a good driving executive syrup, that plays so large a part in Bombay Imports fell from 518 to when it was a matter of hurrying fruit canning, would be manufac same as corn sugar. The remain. ing 5 per cent. was a substance 181 million yards.
up the construction work, proved tured beside the cancery. Madras imports fell from 107 to incapable of organising production
Dumped Biscuits, It was found to have a molecule 76 million yards.
and had to be replaced. The ten Karachi imports fell from 292 to thousand workers in the factory canneries work together, and the "
On the Continent factories and made up of two molecules' of levu INTERNATIONAL EXCHANGE
lose tightly combined, which melt- 184 million yards.
were mostly raw youths without results of the investigations con- Rangoon imports "fell from 145 factory experience, and efforts to rm the possibilities of developing .$25,000,000.00 od at about 162 degrees of centi. ,$24,710,200.00 grade. But when the substance to 105 million yards.
install the conveyer system and The United Kingdom's greatest.
a similar system In Britain. $8,820,503.82 was further analysed it was found
The investigations brought an to consist of three distinct sub- losses were in the grey dhooty mass production proved for months
three other interesting fact to light. In a molecule trade, but in all lines she suffer thousand machines in the factory Belgium, biscuits are being made by Each had stances.
Japan lost a great made up of twa levulose molecules, fed heavily. but each differed from the others deal of ground in grey shirtings sustained six thousand breakages, power from the Belgian beet fac.
due to inept and careless handling, tories. in appearance, in melting point, and longcloth, but in spite of ad during the first nine or ten months
These biscuits are dumped in and especially in the phenomenon verse factors, gained substantially of operation.
Britain, although our soft British in grey dhooties and blaschod | of polarisation of light.
Up to April the plant, which is wheat is pre-eminently suited to goods.
In artificial silk the total im theoretically capable of producing biscuit-making. It is possible that fifty thousand tractors annually biscuit factories may be added to All three can be changed into ports were 51. million yards, com.
hnd planned to.
turuthe-best-plus-cannery scheme for fructose with strong acid but each pared with 57 million yards in
37,500 during the
first Britain. We also handle the issue of Bonds is a distinct kind of sugar in itself 1929-30, but Japan's sendings year of operation. had
88 million yards and other Public Funds of the Chiaas is sucrose, the best known of amounted to
against 25 million yards in 1929. produced. 30 and less than 4 million yarda At this time one of those drives to ment to allow the extension of the in 1928-29. A peculiar property of the new sugars is their low solubility in water-only about half that of cane ports for the year were 29 million prove the work of the factory which ducts to processed products also.. #pounds as against 44 millions are so common in Soviet economic
It would then be possible for sugar. The reason for this is unpounds in the previous year-a practice was launched. Ordzhoni sugar, jam, and biscuits, produced known. All three have a sweetish fall roughly of 34 per cent. The kidze went to Stalingrad and found by private enterprise, to be added taste, but it has not been practical notable features in regard to yarn there, to quote the crisp language to the canned fruit and vegetables to compare their sweetness with were that China's sendings were of his own report, complete ab- that of other sugars because only less than 12 million lbs., or 41 per sence of accounting; factory build- already sold under this national Buch tiny amounts have been avail. cent. of the total Imports. Britain's ings filled with waste products and abic. Because of the small amount share dropped from 20 million lbs., the courtyard piled with filth and contained in Inulin It is difficult to 10 million lbs., and Japan's damaged products; complete ab- to obtain a sufficient supply of the front 31 million lbs., to 7 million sence of control over the coming to Canadian bond sales for the first crystals of the new sugars for ex-bs.
work of the workers; foremen and four months of the year will ap Frandao,perimentation.
Bengal, probably for the first engineers, not at their posts; un-proach and perhaps exceed a quarter time in its history, imported more controlled starting and stopping of of a billion, the total value of issues kinds of sugars known to chemists, then Bombay during the year, the conveyers, absence of suitable care up to mid-April amounting to of which only a few are commonly relative figures being Bengal 10.6 for equipment, an absence of per $226,812,670, which figure compares available for human food. Whe million lbs.; Bombay 10.2 million sons responsible for the correct with $191,969,321 for the corres- ther the new types will have any lbs., as against 12.4 and 19.2 mil course of production in individual ponding period of last year and with practical significance, aside from lon Ibs, respectively in 1929-30. departments. their interest to chemists, can be Madras imported '7 million lbs., as known only by exhaustive study of against 10.7 million lbs., in the their properties.
previous year. Dr. R. F. Jackson is the chemist; who isolated the
sugars. Singapore. Free Press.
*
ese Government both at homo abroad.
SHOU J. CHEN,
Manager. Hong Kong, 5th March, 1931.
and
THE BANK OF CANTON, LTD.
Established 1912.
Head Ofes-Hong Kong.
Autherland Capital (H.X. Currency) $11,000,000 Full-Up Capital mem
8,565,000 Berre Fund man 1,100,000
BIANCUES
**
Canton, Banghel, Hanke, Festow, Bangkok, New York and Bad TOAREUPONDENTS
· LONDON BANKEZİ-
The Lloyd's Bank, Limited.
principal cities of the World.
Foreign exchange and backlog bustawm of
.U.S.$6,000,000
U.S.$1,672,454 U.S.$1,808,200
BRANCHES:-
Amsterda
Canca
...
Antwerp
Gangon
Naple
In
Albane
Натала
Preem
Ilamborg
Pacis.
Tay decription transected..
Batllo
Harm
Fooang
Barrila
Bombar
Interlaken Jerusalem Lido London Liverpool Luceme Lugano Luzo Mansillas
Taking
Extruso
Rotterdam
عامدة
Breman
Bemerla
Buenos Air
Caird Celoutle Салони Colomba Constantinople
Copenhagsa Ediburgh Narancs Gara
Meat Carlo
Kaila
Muziek
Bonus
Baboul
Shanghel Scuthampton Bingapo St.Kochs Tran Visua
Yokoham Burich
Montreux Milan Branches of American Express Company in Principal cities of Unit- ed States of America and Canada.
All classes of Commercial Banking Transactions undertaken.
Personal fnvestment . accounts handled.
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- partment.
Afiliated with
THE CHASE NATIONAL BANK: Besources..Over $2,000,000,000,
C. H. BENSON,
General Manager.
THE BANK OF EAST ASIA, LTD.
Established 1918.
HEAD OFFICE:
∙10, Des Voeux Road, Central,
Capital and Barpins
Total Resources an
HONG TONE
over HS 8,000,000.
IL.$80,000,000.00
Every description of Banking and Exchange business
and Fixed Deposit Accounts, in local and for
opened for, ellentes
Account and Safe Depoalt Bazes,
TON
Eats Deports Base (various siasa) as a jewely antal af frem ỗ to #il,
LOOK POONG SHAN,
Chief Manager.
THE BANK OF TAIWAN, LTD. (TAIWAN GINKO,)'
HEAD OFFICE:-Taipeh, Formoss.
Incorporated by Special Imperial Charter, 1899,
www..com
Central Bank is Formosa Bank-Noteased Areage amount... 45,000,000 BRANCHES AND AGENCIES: JAPAN1—Tokyo, Yokohama, Kobe, Ceska. * FORMOSA-ina, Karly Karenko, Kalong. Matong, Nani Bhachiko Telehus, Tainan, Takso, Tamed, Town, Esto, Taiso, CHINA-Bhanghai, Bankow, mor Foochow
Bwalow, Danicu, ooo Long Blogspor, Surabaya,
all sugars, which can be resolved.j into fructose and dextrose,
There are approximately
new
TRADE EXPENSES.
Inland Revenue Loses Five-Year Battle.
After a struggle lasting
more
30
about 8,000, them af dubious.
only By the time the plans are ready most it is practically certain that a Bill quality will have been presented to Parlia
In cotton yarns, the total im- mobilise public opinion and im- National Mark from primary pro
TRADE DEPRESSION.
Profitless Merchandising Chief Factor.
guarantee of quality,
At the present rate of progresa
$140,814,686 for that of the year before. Purchases by Canadian amounted to $155,862,670, American financial houses $07,350,000 and British
A Temporary Spurt?
the firms Ordzhonikidze's visit and subsequent administrative reforms, while together with the agitation which took was developed among the workers, $4,100,000. produced some improvement, and by the middle of May Tractoratrol was reporting a dally output of 50, 60, and, on, one record occasion, 72 tractors. This represented a stride forward by comparison with the New York, May 29.
Anaemia (blood impoverishment) Is previous functioning of the plant, far more prevalent than most people The foreign trade convention
although the goal of 140 tractors Imagine. Many people who appear to closed to-day after reiterating the day still seems romate. It re- be in quite normal health have an position of its chief, James mains to be seen whether this in- anaemic tendency without being aware Farrell, president of the United rease is a temporary spurt under of the fact.
Ancemia is an Insidious condition States Steel Corporation, that "the chief factor in the present aftue-rong pressure or whether Trac that creeps very slowly upon its vie
The Prevalence of Anaemia.
Bateria, Bomber, Dalratie, thin five years `n Baverè defeat has tion is proŝtless merchandising" torstrol has really swung into time the blood. becomes thinner and
London, New York, Dalian,
LONDON BANKERS Į
been inflicted on the Department.
The Lodos County Wesimioster and Fary's Bank of Inland Revenue by the National resulting from price-cutting in Ford's mass-production rhythmless in quantity without his being
The Bank hae Corespondents in all the pipal Commercial Centres, thronghods · bisa world,
·K.. KAGURA,
HỒNG LONGER MOEL
1 Dm Tapes Bond Centri
· Hong Kong, 19th January, 1830.
YOU
ARE INVITED TO INSPECT OUR
STOCK OF “a ASIATIC FOREIGN AND COLONIAL
POSTAGE STAMPS
IN JETS, SINGLE PACKETS: BAGE AND IN APPROVAL: SEERTS.
GRACA &
Union of Manufacturers which may
cost the departmant £40,000.
of blood im- -
that
to
A pessimist might extrast from aware of it. Only when one of the the United States.
resultant aliments In of the vigorous the Stalingrad experience the poverishment makes its appearance The spite of the words attack moral that there is a wide gulf does the victim realise that something
Perhaps he discovers suddenly The question at issue was whe cial declaration adopted by the between construction and efficient has gone wrong. ther a trade association, which convention did not mention the operation in the Soviet Union, his energy, is becoming, depleted, his spends money on appeals against tariff.
while an optimist might argue that lips and checks becoming pale, he is the removal of safeguarding duties, Honolulu was selected for the Tractorstroi is at least furnishing soon tired and feels disinclined
Perhaps digestion, begins to or on applications under the mer 1932 convention. The closing sos- some tractors that would otherwise work.
suffer for lack of good red blood to chandise Marks - Act, should be slon was addressed by Wallace have to be bought with precious aid the digestive organs or, more charged with income tax on the Farrington; former Governor of foreign currency, and that can serious, a rheumatic tendency, sudden- money this sport. The associa-Hawall, who was prominent in obstructing huge new plants ("equip is becomes apparent, resulting from tions argued that such money was taining the convention for Hono-ped according to the latest word of the bloed being impure as well as a trade expense and therefore not lula.
science and technique, to use a scanty,RANZONA
But long before thèse symptoms bo- taxable. O
favourite Russian expression) le
come Apparent bloed Impoverishment After futlle deputations to the The annual value of forest pro- the best preliminary to learning has been existing so therefore, in Government, the National Union of ducts in Canada is placed at appro- how to use them.
order to avold, such distressing suffor=" Manufacturers demanded that the ximately $500,000,000 by the Canneta
ings It is wise to keep the blood al- ways up to par. Disease can. And no
question should be heard before dlan Government Forestry Service, The Toronto Industrial Commis foothold in a person who is the for- the City of London-Commissioners and over 200,000 persona, are em-sion announces an important new tunalo, possessor of an amplo, supply for Income Tax, and the seven ployed in the extraction and manu industry for the city; the Schlegel of pure rich blood. To obtain this, Cammissioners have decided unfacture of the products of the for Company Canada, Ltd. Application there is nothing to equal that world- animously against the Inland Re-ests of the Dominion. Last year for Dominion charter has been lams Pink Pills. For forty years famous blood-building tonic, Dr.W]I- venue Department,
the value of these esports was over, mide and, approximately 18,000 this remedy has been proving itself Sir John Corcoran, Director $291,000,000. There are about 8,000 square foot of floor space leased at the saviour of men and women, old the National Union Manuface sawmills and 108 pulp and paper 168 Dufferin Street through LG and young from the ravages of turers, and to a reporter:#The de mills in Canada. The saw mills, re- Ross & Co. The parent company lements. Thousands of, grateful letters"
anaemia and Its consequential (all-. cision
uring Co. of rexreceived every year from peoplo ru óf who are thiknkfu{j} for the priceless. ials benefits they have received: Prove the merita of Dr. Williams? Pick Pilla broducts, and had Yourself, Alta chemists – can supply
dollars, you
ndaries,
within, present , capital Investovant of the Sch
$180,000,000 and the pulp and Paper Roche mills an investment of $660,000,000. "ántomu
The former employed about. persons and the latt
$94,000
No comments yet.
Private notes are available after approval.