1931-07-01 — Page 2

•

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION.

Authorised Capital mecanographecomes $60,000,000

Issued and Fully Paid-up, more 880,900,100

Bucking...

76,803,000 $10,000,000

Baseren Hlë: Sly at Propriafoen was $38,080,000

HEAD OFFIOR: HONG KONG,

BOARD OF DIRKOTORS ;— - Ioo, Mr. Q. 0. B. Maskla ChemBA,

Elon Mr. J., J. Palerson, Deputy Chairmas.

#fan. Mr. •.',14. MM, T. E. Force, Kog.

I. Compton, Rag, J. A. Pammar, Eaq.

4. Lands: Lewis, Esq. T. II. ^Bhaw, Esq.

19. Miskin, Eaq.

AXOY

BANOKOR

BATAVIA

BOMBAY

VALOUTTA

CANTUN

CHEFOO

"COLO

** DAIREN

FOODNOW

- NAIPHONG

HAMBURG

HANKOW HARBIN

BONGKEW

IPOR

JOHORS

TOBE

KOWLUUN

X P."Water, Engi

Chief Managet. **

7. M. Omgburk, Esq.

BRANCHES:

KUALA LUMPUR

LONDON

LYONS

MALAGOA

MANITA MUAR J

HUEDEN

NEW TORK

PEIFING

PEMANG

RANDCON

SAIGON

BAN FRANCISO. STIANGIAR

SINGAPORE

NOWBABAYA SUNGEI PATANI TIENTSIN

TOKYO

{BINUTAO YOKOHAMA

Current Accouche opened in Local Curry and Fited Dayoita received in one year or shorter periods is Local Currency and Sterilng en terms which will be quoted an application:

Hong Kong With Patruary, 1981.

HONG KONG SAVINGS BANK.

The Bunlame of the bore Beak i condeat. ed by las TIONG KONG AND BHANGHAI BANEINO CORPORATION. false may be,

Seinad on "ONGKONG AND SHANGHAI FOR THE BANKING COMPORATION,'

V. M. GRAYBURN.

Chief Manage

Dang Xora, 6ih July, 1600,

BANQUE DE L'INDO-CHINE.

HEAD OFFICE:

96, Boulevard Haussmann, Paris.

Subscribed Capital Frs. 72,000,000.00 Paid-Up Capital Fre. 68,400,000.00 Reserva

Funds....Frs.102,000,000.00

BRANCHES Bangkok Hong Kong Quinhon

Saigon Battambang lug Eatho Mongtze

Shanghai Canton Nam Dinh Singapore Djibout

Numes Thanka Fort-Bayard

Haiphong Hankow Harpi

..

Tientsin Peking

→Tourans Pnom-Penh Vlah Pondichery Yunnanfu BANKERS: INFRANCE: Comptoir National d'ERANO Par Grrror Lonnali Banque de Paris et des Pays-Bas Credit Industriel et Commercial; S clate Generale.

IN LONDON: The National Provin- cia & Union Bank of England, Ltd: Comptoir National d'Escompte

Parlay Credit Lyonnais.

de

IN NEW YORK: J. P. Morgan) & Co., French American Banking Cor paration: Guaranty Trust Co. of New Fork

Interest allowed on Current At- eonats and Fixed Deposits according to arrangementa,

"Every description of Banking and Exchange Business transacted. Safe Deposit Boxes to lot.

A. BONNAUD,

THE CHARTERED BANK OF

INDIA, AUSTRALIA & CHINA. Incorporated by Royal Charter, 1853.

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. £8,000,000 Authorised Capital 'Straits $20,000,000 £4,000,000 Issued Capital

Pald-up Capital

of Starehalders..

Reserve Fund

Resor Liability of Pro.

prietors

£3,000,000

Reserve Liabilities

Surplus ...

KUALA LUMPUH

I

KUCHING

Agencies and Branches:

ALOR STAR

(Walay Bintos) AMBITBAD BANGKOK BATAVIA BUNDAY M CALCUTT CANTOA CAWNPORE DE80

COLOMBO

DAIREN (Dalny

South Manekuria)

DELHIC

HAIPHONG

HAMBURG

JANKOW

HARBIN

(N. Manshuria)

пано кона

■ MADRAS

MANILA

ΠΕΡΑΝ

NEW YORK

PEKINO

TENANO

• BANGOON

BAIGON

BUMABANG

DAN SEREMBAN

BHEANOKA!

BINGAPORE

SITIAWAN

BOURABAYA

TAIPING (P.M.9.1 TAYOY

TIENISIN

TORYO

TONGEAH (Bukai)

ILOILO

KARACHI

KLANG

TAEDTAD

FOUR

KAMAN

ZAMBOANGA

YOKOHAMA

Foreign Exchange

(Philippine Inlančoj

k

and Genarai

Banking business transacted.

Current Accounts opened and Fix- ed Deposits receivel for 1 year or which will shorter periods at rates

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, New York,

Capital, Surplus and

Undivided Fronts..U.S.$220,037,802

Branches in:-

ARGENTINE

-BELGIUM BRAZIL. CHILE

CHINA COLOMBIA

GUBA "DOMINICAN

REPUBLIC

INDIA ITALY

JAPAN

LONDON

MEXICO

PANAMA

YERU

PHILIPPINE

PORTO RICO

STRAITS

URUGUAY

ISLANDS

SETTLEMENTS

VENEZUELA

Commercial and Travellers' Letters of Credit, Travellers Cheques, Bill of Exchange and Cabla 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- tlos in San Francisco and Spain and alle, of The National City Bank of New York (France), A., in Paris and Nico.

F. McD. COURTNEY,

Manager. Hong Kong, June 16, 1931.-

THE

AMERICAN EXPRESS COMPANY,

* INC.

Head Office: 65, Broadway, 20

New York.

Manager.

Hong Kong, 1st May, 1931.

Capital Surplus Eeserves

THE YOKOHAMA SPECIE BANK,

LIMITED

Katablished 1880.

Capital (fully paid-vp) Yen 100,000,000 Roserve Fund

.Yon 115,000,000

Bead Office:÷YOKOHAMA,

Branches and Agencles at:

Nagasaki

Nagoya

Newchwang

Marila

Alexandria

Batavia

Berlin

Bombay

Calcutta

Now York...

Canton

Otaka

Changchun

Pelping Rangoon

Dairen (Dalny)

Fengtien (Mukden) Rio de Janeiro

Hamburg

Hankow

Harbin

Hong Kong Honolulu

Karachi.

Kobe

London

Los Angeka

Lyons

San Francisco

Seattle

Semarang Shangha Shimonoiski Singapore Soerabaya Sydney

Tientsin Tokyo Tsingtau, Interest allowed on Current Ac- counts.

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

EMORI

Manager.

Hong Kong, 11th April, 1981

.U.E.$8,000,000

U.S.$2,572,454

U.8.$2,908,209

BRANCHES:

Amsterdam

**

- Gastow

K Simple

Ithaca

Baale

Berlia

Partita

Faris Tabak Faking

Bombar

Maria

Beman

Eollerdan

Rome

Bo Ales

Stamboul

Calcutta

HATACA Stumberg Havre Katacakan Jerusalim Lide London Liverpool L'uo Lugand

Maralda Monte Carle

والجملة

Cance

Golate be Constantinople Capellarem

mburgh Flores Перата

Hunio

Monitor Milan

شهدای thae

douthampton Singapore Ps. Marita Tiepida

Version

Kolokac

Tuzlak

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

8,000,000

4,500,000

1,000,000

Commerce and

Finance

JAPAN'S RUBBER GOODS.

2520,000 Industry Now Rapidly

Expanding.

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

Evary description of Banking and Exchange business transacted,

TAN ENG HOOL,

Manager.

NEDERLANDSCHE HANDEL- MAATSCHAPPIJ, N.V.

SES HERLANDS TRADING SOCIETY)

BANKERR

Estalilabad 1894,

Ang Kong Off-11, Quamo's Bond Daniral Authorisa Capital: .................... Guilders 150,000,000-

Pak-Up Capital Besare Fund

(#13,400,000.1 (4,109,170) Quildurs 40,02 DOG

Bad Offon-AMSTERDAMa Estar Head Of:-BATAVIA,

Japanese exports. of rubberi goods for 1930 were valued at $7,501,900, a decline of 6 per cent. from the $8,001,300 for 1929. Al though the trade in itself showed a downward tendency during 1989, its final results were much better than those of some of the other principal exporting countries, ac cording to the Department of Com-

merce.

The

The tow market price of crude rubber throughout 1930 forced the selling price of the finished 'pro- Guildars 20,000 duct to a low level; consequently, as a rule rather than as an excep tition, volume in many instances din not decline as was true in Japan

Experta of -BRANCHES -- Landjarmasin, Bendang, Banbay, cse 'rubber footwear.

Falls, Chatib, Djember, this class increased from 6,954,288

The Enge*, Juddak Kota Badja, Makasar, Medan, Padang pairs of 1929 to 8,695,390 in 1930, Palembang Pekalongan, PRAE ForUamad Bangood; Boda while in value they decreased from E

Baschal Bible $3,432,125 in 1929 to $3,256,119 in Blogapore, (Sama).

Boursbain, Cosatuzla (Solo), Tigal, Tillajap anź 1930. - WeltevredenTM,

• Thies citon baya, sala deposit, bozan to lat. London Bankers :-National Provincial Bank Lidz Correspondents all over the world - Banking business of every diplon transacted.

A. STOKKINK.

Hong Kong, 10th Auguri, 1900,

Kacage.

The Principal' Export.

HOW U.S. GETS.

TRADE.

Foreigners Attracted by American Comforts..

WEDNESDAY, JULY

BRITISH TRADE IN EGYPT.

British and Foreign Shipping Rates.

"The principal reason given to us for the decline of British trade in Egypt is that our prices are too! high. A complete overhaul of our

costs of production is more than due. We feel strongly that there is no time to be lost. This can only be done by the co-operation of The Importance of prestige as a the State, financiers, employers, factor in the success of the United trades unions, and the workers." States in the field of exports is This statement is made in the emphasised in the report on report just published of the Trade economic conditions in the United Mission to Egypt, under the chair- States just issued by the Departmanship of Sir Arthur Balfour.. mont of Overseas Trade.

The mission "do not at all share "Prestige," states the reports, "is the opinion that our methode are imparted to all things American by out of date and that our business the greatly increased strength and men are lethargic and stupid." At|| importance of the dollar, by United the same time they find "no present States Investments and enterprise, sign that our Egyptian trade has by such things as the widespread ceased to shrink."

use abroad of American construc.

"Fire of Enthusiasm."

J

has

1931

CLAREMONT

PRIVATE HOTEL. Austin Road, Kowloon (Facing the Kowloon Cricket Club. Four minutes from ferry

by bus.)

Suites of rooms (single and double), hot and cold water system, all modern sanitation, private bathrooms attached

EXCLUSIVE TABLE entirely under European management. Hotel has n splendid aspect in one of the finest locations in - Kowloon, away from noise, yet sanily accessible. Terms very moderate. Reserva- tions by letter or cable.

CLAREMONT

Tel.: 57389 & 57385 (Private). Telegraphic Add.: "Fern" H.K. Our motto is ""SERVICE.”

The report records that the tional and industrial machinery: share

of the United King- and still more by cabled news dom in the total value of items, feature articles, educative all imports into Egypt- articles, and other materials sup-fullen from 33.4 per cent. in 1907 plied in great abundance to news- and 30.5 par cent.. in 1913 to 20.3 papers and periodicals. in Latin per cent. in 1930, America and the Far East by

This decline is principally due to United States news agencies."

cotton and coal; if these are ex- The commercial consequences of cluded; aays the report, "the sum this, stream of news and props of the remaining trade of the Exports of rubber boots and ganda, continues the report, could. United Kingdom with Egypt la "But healthy, both absolutely and in re shoes form the lending rubberhardly be over-estimated. item on the Japanese export list they are neither so pervasive nor iation to other countries." now at quite a wide margin over 80 forceful as the pictorial direct

Cotton Piece Goods. American motion pic appeal af tyres. Within the past two years

tures.". Japanese 'exports of rubber foot

Striking figures are given of the wear have given keener, competi

rise of our competitors in the] ition to the British Canadian, and A high American authority in Egyptian market for cotton piece United States exportera, Lower quoted as stating that "It can be goods. The follow table shows the wages, closer proximity to the proved beyond question that our percentage of the total value of the Bource of supply, and an article motion pictures, bringing to other imports of these goods from thei cheaply constructed for the repeoples an idea of the comforts and United Kingdom, Italy, and Japan, quirements of price-buying mar-conveniences of American life, help respectively: kets have all made, it impossible to sell countless kinds of American' for other nations to compete on merchandise. The universality of] price basis. As consequence, the American film has started a United Kingdom rubber-footwear exports from the prairie, fire of enthusiasm for Italy Subscribed 'Capital....$25,000,000.00 western countries decreased con- American specialities. We have Japan Fald-Up Capital

.$24,710,200,00 siderably during the past year in geen the results in the In addition to the disparity in .. 8,820,503.82 oriental, countries. Japan, how mounting. Bgures in our ex-prices many of the causes of our Reserve Funds

ever, is not only confining exports of bathing suits, office ap trade decline to which attention LOVELY SILK STORE ploitations in the East but Japan pliances, ready-made clothing, has been called by the Prince of ese-rubber footwear is now sold automobiles, sutomatic vendors, Wales and by the Far Eastern No. 2, Stanley Street, Tel. 22100. on the west coast of South Ameri- electric refrigerators and other Trade Mission are again re-echoed (Adjoining D'Agullar Street)

THE BANK OF CHINA. 行銀國中

Reorganised October 26, 1928, under special charter of The National Goy ernment as an

INTERNATIONAL EXCHANGE

BANK.

HEAD OFFICE: SHANGHAL

HONG KONG BRANCH:

Queen's Road Central.

Owing to our numerous branches in

*

1913 Per cent. Per cent. .. 81.8

1930

42.8

13.0 nil

25.9

18.1

ca and in Cuba.

everyday necessities in the United in this report. Production of Tyres.

States."

In the style and attractiveness The Japanese rubber industry

Comparative figures, however, of goods in personal contact with China and large connections in the im- produces all kinds of tyres, but in which are given of the percentage the needs of the market on the portant commercial contres of the world, we are able to extend to our recent years, owing to the popular of American films to the total films spot, in methods of packing, in the clients special facilities for domestic ity of motor vehicles, the produc-displayed in 16 foreign countries drafting and distribution of cata and foreign banking and exchanges. tion of automobile casings has be in 1926 and 1928 respectively in Mogues and in advertising, the re-

We also handle the issue of Bonda come an important phase of

improvement on the part of our

and other Public Funds of the Chin the local industry. Production indicate a definite deeline in Ameri-port finds room for "considerable}

esa Government both at home abroad.

and

SHOU ́ J. CHEN,

Hong Kong, 6th March, 1931.

1927 is reported to have been

can preponderance.

A

Shoes and Feet.

187,818 units, increasing to 306,349 Interesting statistics are given manufacturers and exporters. Manager. In 1928 and 411,875 in 1929, but of the mator-car industry. In 1929 it gave direct employment to declining to 316,000 in 1930..

To quote one example, the mis- wage earners, paid Production of automobile can- 226,000 ings has been effective for some £73,000,000 in wages, and turned slon found that adles' shoes and of United Kingdom THE BANK OF CANTON, LTD. years, almost wholly by the Dun out products of a wholesale value of stockings

Established 1912.,

Head Office Hong Kong.

Autherland Capital · (ILM. Oureaney) #11,000,000 Paid-Up Capital "tism Beauty Fund LEET MANDATE ON

BRANCHES --

8.005,000 1,100,000

Canton, Skanskai, Hankow, Bangkok, Haw York and San Franolano,

CORRESPONDENTS

LONDON BANKERS!--

The Lloyd's Bank, Limited:

* in all principal dition of the World -

vary

newal of From $ so $40.

lop Rubber Co., a subsidiary of the £60,000,000. Directly and indirect manufacture are made to ft Eng- Yokohama Rubber Goods Manuly it is estimated to have given lish feet and legs and do not fit facturing Co., a subsidiary of the employment to per cent. of the Egyptian ladies." British

concern. Recently the entire employed population of the International Goodrich Co, has United States. begun the manufacture of tyres.

It is somewhat aurprising to It is understood that this concern learn that there are no fewer than branch or independent www will play an important part in the 2,000

local consumption. Automobile American Industrial undertakings! casings in more or less small in operation abroad, including way are alas produced by several mining companies, sugar centrals, exclusively Japanese-owned com-motor-car assembly plants, patkins "panies.

houses, textile milis, shoe factories,

Fornim robanget banking size of Sale Depaalt Boxes (vazione alsan) ah a pearly

LOOK-POONG SHAN,

Chief Hanager.

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

HEAD OFFICE:~~~Taipeh, `Formosa.

Incorporated by Special Imperial Charter, 1699.-

in

An American assembly plan in etc. About £1,500,000,000 is in- Japan has heretofore employed vested in these properties, many of Dunlop tyres as its original equip which hava, been established ment plant to transfer a large order to circumvent foreign tarif share of its business to the Yok- barriers. hama company.

Trade in Rubber Tyres. ›

Exports of automobile, casings

A remarkable statement oc- curn in the report with regard to British shipping rates. "We were told," says the report, "that the same British ship may carry the same class of cargo from the United Kingdom.

"Sometimes, even, that a manufacturer can send his goods from the United Kingdom to a Continental port, trane-ship there to the same British ship on

OUR

LADIES' TAILORING

DEPARTMENT

undertakes to execute orders

FOR MAKING DRESSES &

GOWNS on latest styles with-

in 16 hours.

·PHOTO - SUPPLIES

Kodaks and Cameras. Filma, Plates and Papers, ste Developing, Printing and Enlarging.

ZIESS and BUSCH FIELD GLASSES

Price Moderata.

A Trial Order is Solicited.

A. SEK & CO.

· Tel. No. 234597 26A, Des Voeux Road, C. Hong Kong.

YOU

POSTAGE STAMPS

IN SETS, SINGLE PACKETS, BAGS AND IN APPROVAL SHEETS.

which he might have loaded his ARE INVITED TO INSPECT OUR

... STOCK OF cargo at a British port, and that the combined cost of sending the ASIATIC FOREIGN AND.. goods to Antwerp and thence to

COLONIAL Alexandria is less than the freight on the same ship direct from a British port," increased from an estimated tain quantities of rubber goods,

Arrangements are being made by 153,909 units in 1928 to 169,181 in although the incoming trade in

number of shipping firme In 1929, but declined to 148,947 in considerably below the outgoing a

in both volume and value. In 1929 Manchester to combine in efforts 1990.

China during 1930 regained its imports were valued at approxim- to recapture some of the lost trade place as the best market for Japan-ately $3,116,600 and in 1986 at in textiles in the Far East, and decline of 22 per it has been provisionally agreed to ese tyres, which it lost to the $2,414,000, a

3. Manchester Overseas VALORE, Waals, Bipahlke, Talaku, Zalman, Netherland East Indies during cent. The largest class is tyres, form

A value of Traders' Company, CHINA 1-6hanghal, Hankow, Amoy Foooker, 1929, but fallet to reach the peak which amounted to

of 1928. The Netherland East $2,284,422 In 1929 and $1,892,396 The countries which the or

ganisers have specially in mind in-- clude China, India, and Burma.

All classes of Commercial Banking Bank Bole red rings amodala, $5,000,000

Cental Bank In Port Transactions undertaken.

BRANCHES AND AGENCIES ZAPAN 1-Tokyo, Yokobama, Kobe, Omia, accounts FORMOSA and Arani Lala

Personal

handled

Investment

Takan, Tanzul, Town, Belio, - Taiso

Awstow, Canto

Semarang.

The Company offers to intending OTHERS Bombay. Galvasse, Indies was the second most impor- in 1990.

Travaliers the use of its "Travelers Cheques" and Lotters of Credit and,

in addition, the world-wide services

of its thoroughly equipped, Travel De- partment

Affiliated with

THE CHASE NATIONAL BANK Resources Over G82,500,000,000

C. H. BENSON,

General Manager.

THE BANK OF EAST ASIA, LTD.

“Established: 1918.

HEAD OFFICE: 150009 Voen: Bond Central,

Bapayors, Boarabaya,

London, Kew-Tork, Dalzon.

LONDON - BANKEBO «-

as London County Walminster and Parr's Bank but with a decrease from the trado were semi-manufactured rubber, tant catlet daring the past year, Other classes on the import list The Bank has Corpondasie in all the principal of 1929. British Malaya with valued at $129,285 in 1929 and - decline from 1929, was in third $88,276 in 1980; soft rubber manu-

place.

Facturen 3614,854 and $372,698,

Commercial Centaus shroughout the world.

VIL MAGURL,

·Manager,"

HONG KONG BRANCH |

:Hong Kong, 19th January, 1890,79

THE MERCANTILE BANK

INDIA, LTD.

HEAD OFFTOR ?".

Japan in recent years has been respectively; other rubber manu- Increasing - Its = trade In rubber factures, $98,648 and $16,825 footwear to such an extent that it Japan is one of the United

i

GREEN PHONE KIOSKS.

G.P.O. And Folkestone Town Council At Variance.

e now the world's greatest export-States best markets for rubber The Post Office authorities and OFer of this commodity. Exports for products, especially tyres. Total the Town Council of Folkestone 1980 amounted to 8,685,890 pairs, rubber-foods- exports from the are at loggerheads, the cause of an increase of 23 per cont. over United States to Japan increased the trouble being not red tape, those in 1029 - The unit value it from a value of 82,928,167 In 1929 but red paint. rather low, averaging about $0.49 to 82,403,743" in 1930.

15. Gratacharóh Birsek, London, ECAS

"Pald-up Capital

Authorland Capital (19.1 £5,000,000 Bubscribed Capital 1,800,000;

1,050,000 Reserve Fund and Rest 1,688,845 MONET BANKERS 100% pri 15%The Bank of. England (land Zlank, LAK

Batavia

Caloun

(Mavelino)

With amenity strong in their per pair in 1929 and 20:38 in 1930... Although there was a slight in- minds, the Town Council have The Japanese official publication crease in the rubber-foot-wear placed some, telephone kiosks, does not show the countries of class, the most significant advance where the public are likely to destination, but it is known that was in automotive rubber goods, need them, amid green bushes in large quantities are being export which accounts for around 80 per the open spaces, and so that alto China, British- India, and cent of the total exports to this their usual "pillar-box red" shall

Philippine Lalands.

marko

not clash with nature's colour The Increase In exports of truck scheme they have painted them tang. bus cosings, was quite, out, a shade of greebi

from 14,481 units in 1929: The Post Office went red; but to 41,916 in 1980. – Although the the Council stood by the decision United States exports ar rubber or Its Parks Commities to refuge ve to offend the eye at the cost of

offending the authoritie

Yout

GRACA & CO., Dialers in Postage Stamps, Philatelic Goods, Pictures," Postcards, Toys; &o,,

10, WYNDHAM STREET, s 1.O. Box No. 120. HONG KONG..

DONT RUN FOR A DOCTOR

VANS: PASTILLE instead.

into your Their anti will: sdost reliers: that cold

EVANS Pastilles