1931-08-18 — Page 2

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION.

Katkariend Capital

$34.000.00

Eurood and Fully Paid-up 199,900,000. Reserve Funde ; —

Wieling - derma MITES.

-

£800,00 $10,000,00

Monervu Tho' Shy! Proprietors... $14,364,686

الالعاب

HEAD „SVÍCE, HONG KONG.

BOARD OF DIRECTORA -

ilon. Mr. G. 0. B. Mala Obaresan.

Hon. Mr. 3, J. Paterna. Dapsty Chairpenum.

Man, M. • R. Dell, T. E, Fouroa, Bog

. N. Campian, Esq. J. A. Fieramer, Bag,

3 Kander Lewis, Bag, T. . . Bar, Fog. -

JB. Miskin, Maq.

KOT

-MAMOKOS MATAVIA

BOMBAT

J. P. Warren, Kee,

Chial Manager

Y. M. Orayburn, Tag.

CALOUTTA

ΕΙΑ ΝΤΟΝ

ON SPOO

CALUMEO

DAIRER POOCHOW

HAIPHONG

VIAMUURU

UANKOW

TIARBIN

HOYGREW

ttono

POE

JOHOIU

KOLE

KOWLOON

BILANCHES:-

· KUALA—LUMPU

LONDON

LYONS

MALACCA

MANILA

MUAR (Johere

KURDEN

NEW YORK

PEITING

PENANG

RANDDON

SAIGON

SAN FRANCIBO

SHANGHA

SINGAPUBL

GOGBABA ZA

HUNGKI PATANS TIENTAIN

TOKYO

TRINGTAO

YOKOHAMA

Current Recoute opened in focal Durany and indeposits rival 205, the year 1 abber period Loon! Querendy' and Sterilag berthi which will be quoted on application. Besg Kong, 29th Palauincy,”-1983;-----------

HONG KONG SAVINGS BANK.

The site of the above Bank, le conduct by the HONG KONG AND SHANGHA BANKING CORPORATION. Bules may be sbieload on soplications.

FOR THE ONDZONO AND SHANGHAI BANKING GIRPORATION.

Y. M, GRATBURY,

Hong Kong, 16th July, 1980.

Още Медали.

THE BANK OF CANTON, LTD. Established 1912.

Head Office: Hong Kong.

Authorized Capital (B.E. Outrṛwney) $11,000,500 Paid-Up Capital summar

Demerso Mund w

BRANCHER:

0.005,200

Musiew

Canton Shanghai, Hankow, Bwagtok, New York and Ban Francisco.

CORRESPONDENTA

LONDON BANKERS:~

The Lloyd's Bank, Limited

In all petncipai ditis of the World

Foreign exchange and banking bortness of

wrsey deceiption teamcité.

Binds Deposit Borse (varlama sisan) sk a pourly

vented of from $3 to $40.

LOOK POONG SHAN,

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

HEAD OFFICE: LONDON.

Paid-up Capital

Reserve Fund

Reserva Liability of Pro-

prietors

.£3,000,000 ..34,000,000

.£9,000,000

Agencies and Branches:

ALOR STAB

KUCHING

KADBAS

AMBITSAB

BANGKOK

+ATA VIA BOSIBAT CALCUTTA CANTON

CAWNPORE

MANILA

MEDAN

NEW YORK

PERING (Pak[ng)

PANASO

200

COLOMBO

HANGODN

DALBEN

SALOON

DELUI

HAIPHONG

HAMBURG

HUNG KONG

HANKOW

HARBIN

ILOILO

BABAOHL

KLANG

КОЛЕ

BEKAHANO

BEREMBAN

SBANGHAY

HINGAPORE:

THE CHINA

MAIL.

THE HO HONG BANK, LTD.

(Established 1917.)

HEAD OFFICE:-SINGAPORE. Hong Kong Branch: 13, Queen's Rd. 'C.

Authorized Capital Straits $20,000,000 Issued Capital

Paid-up Capital

Печесть

Liabilities

of Staroholders Surplus

P

8,000,000

4,000.000

4,000,000

and

Commerce

Finance

2,087,000 INDUSTRIAL TREND

Branches, Agencies and Correapon. dents in the principal cities of the World.

Every description of Banking and Exchange business, transacted.

TAN ENG HOOL,

Manager.

BANQUE DE L'INDO-CHINE.

HEAD OFFICE:

#6, Boulevard Hausamnon, Paris.

BOURABATA

*

TAIPING

TIENTSIN

TOKYO

Bangkok Battambang Hue

TONOBATI (Dhukat

Cartha

TSINGTAO

Canton

YOKOHAMA

ZAMBOANGA

Djibouti

Exchange

Generai

KUALA KANGSAR

Alentein

IN U.S.A.

Biggest Consumption of Energy.

GREATER ACTIVITY,

7

SOVIET OIL OUTPUT | AND SALES.

Sir H. Deterding's, Views.

the

Replying to a question regarding closer co-operation, with Russia, Sir Henri Deterding, at the annual Evidences of a rise in Industrial activity in the United States dur- meeting of shareholders of Subscribed Capital Frs. 72,000,000,00

past few months | Royal Dutch Petroleum Company, Paid-up Capital...Frs. 68,400,000.00 ingthe

are. 50 definite AS Reserve Funda.....Fr.102,000,000.00 now.

to expressed the opinion that Russia BRANCHEB:

be unmistakable, the Electri-

would certainly change her mind Hong Kong Quinhon cal World" recently stated, in

Salgon

some time. making public the results of its! Shanghai Mengtze

Other countries, he said, wero monthly survey of electrical energy still being bluffed by the Soviet Nam-Digh

Singapore Numea Thinhs

consumption in 8,800 mills and Republic. For. instance, the poten- factories scattered throughout the tial production of the Shell Union Fort-Bayard Papeete and

Haiphong Peking . Tourane country. The low point in industry Oil Corporation was 400,000 bar- Bankow Pham-Penh Vinh

was reached in December and rela daily, and thus easily exceed Pondichery Yunnanfu

January, but the subsequent imed the total Russian oil output. BANKERS: IN FRANCE: Comptoir Nationalprovement surpasses in magnitude

"But we," Sir Henri continued, Escompte de Paris; Credit Lyonnais; the corresponding change in 1929, "do not produce as much Banque de Paris et des Pays-Bas when industry was climbing to its Grodit Industriel et Commercial; So-

peak, and is in marked contrast to can. The Russians, on the other jave Generale,

hand, are producing at full capa- 1930, when the trend was

city. They will have to realise ward.

May's index of manufacturing selling another. Gradually... the that producing is one thing and IN NEW YORK: J. P. Morgan & activity, according to the survey Russian will become wiser." Co., French American Banking Cor-report, ia 13 per eent. above joraxon; Guaranty Trust Co. of New January's level: in 1929, - it WAB The Redemption of Bonds. York.

KCALA LUMP Fartign Banking bustness transacted.

Current Accounts opened and Fis. ed Deposits received for one year or which wil! anorter periods at cxtes

be quoted on application.

J. STUART,

Manager.

Hong Kong, 17th August, 1931,

NEDERLANDSCHE HANDEL. MAATSCHAPPIJ, N.V.

“NETHERLANDS TRADING SOCIETY)" ·

BAKKENS.

Established 1894.

Bag Cat 0.062--11, Cameo's Bond Odalist

Authored Capital

い

Ouilders 150,000,000.

(21,600,000: Palk-Up Capital misses Builders 00,000,000 (20,689,170) Laser Pund

Head Qition-AMSTERDAM2 Eastern Head OMɑe:-BATAVIA. BRANCHES - Bandjarmasin, Bandoang", Bombay.

Celesilta, Charibou, Djambar, Dyn Jakarta") The Baque", Jeddah, Böðr Kota-Račja, Makassar, Medno, Padung Palumban Pekalongan, Papand Politiek Rangoon, Hotterdam". Bemarang Binaghat, Bibotg (Bumates), Singapore,

Boerakarta (Foto), Tegal, Tjisjap and Weltevreden,

• These offione kavu salu dapoelt bores so fun. -Loodan Becker -National Provinsin! Hana 5,4d. Correspondeate all ovat the world

Basking business of every descriptios trestarted.

4. БТОВЕЦУЕ

Aong Kong, th August, 1996..

THE

Chief Manager AMERICAN EXPRESS COMPANY,

'THE' BANK OF CHINA. 行銀國中

...$0,000,000 .U.S.$1,572,454 ,11.8.$1,908,209

INC.

Head Ofce: 65, Broadway, New York.

special charter of The National Gov. ernment as în

Reorganised October 20, 1928, under

Capital

Surplus

Reservo

·INTERNATIONAL EXCHANGE

BRANCHES:-

BANK.

Amsterdam

Subscribed Capital

..$25,000,000.00

Ap

Paid-Up Capital

...$24,710,200.00

Asbyna. Hants

OoL.De Glasgo

Нанка

Nise Suple

Barum

Reserve 'Funds

... 8,820,508.82

Bombay

ilamburg

Inlarikan Jurusalem

Bredem

Lido

HEAD OFFICE: SHANGHAI

Brussels Juros

Landoa

SuMus Parts Foonsg

king Falcon Botterda Bompia

Liverpoo

Caire

Line

Bambou Shanghai

HONG KONG BRANCH:

Calcut Can

Lugsan

dontha goo

Lator

4, Queen's Road Central,

Qwing to our numerous branches in Chine and large connections in the im- portant commercial. centres of the work, we are able to extend to our cheats special facilities for domestic and foreign banking and exchanges.

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

Colombo Carstanlinepla

Copaobsess Edinburgh Florence Secara

Kureciting Konte Carlo

Manila Kunich Monir

Milan

Ningapor

- St. Moris

T'wataja

Viscos

Venice

Yakobame Zuck

Branches of American Express Company in Principal cities of Units od States of Ametics and Canada.

•

All clames of Commercial Banking Transactions undertaken.

Personal Investment pendled.

accounts

Innol

IN LONDON: The National Provin- nat & Union Bank of England, Ltd: Comptoir National d'Escompta de Pre-Credit-Lyonnais.

* arrangements.

Intereat allowell oa Current Ac- vants and Fixed Deposits according Every description of Banking and Exchange Business transacted. Safe Deposit Boxes to let.

A. BONNAUD,

Hong Kong, 1st May, 1931.

Manager.

THE NATIONAL CITY BANK

OF NEW YORK.

HEAD OFFICE: 55, Wall Street, New York,

Capital, Surplus and

Undivided Profits..U.S.$226,037,892

Branches in:-- ARGENTINE LUNDON

BELGIUM

BRAZIL

CHILE

CHINA

COLOMBIA

MEXICO

PANAMA

PERU

PHILIPPINE ISLANDS PORTO RICO STRAITS

CUBA DOMINICAN

REPUBLIC " SETTLEMENTS "INDIA"--- -URUGUAY-

ITALY

VENEZUELA JAPAN

Commercial and Travellers'; Letters of Gredit, Travellers' Cheques, Bills of Exchange and Cable Transfers bought and sold. Current accounts and Savings Bank accounts opened and Fized Deposits in local and for eign currencies taken at rates that may be ascertained an 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 Nice.

Manager.

F. McD. COURTNEY,

Hong Kong, June 16, 1921.

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

HEAD OFFICE:-Talpeh, Formosa.

Incorporated by Special Imperial Charter, 1899.

down-

only-3-per-cant-above; in 1930, it was 2 par cent. below. The index now is only 8 per cent, under last year, remaining 19 per cent, be- low the figures for May, 1929, when manufacturing activity was at its height..

as we

On-a-question-as-to-why-the company had decided upon the ac- celerated redemption of the Five Per Cent. bonds, Sir Henri replied that although the bondholders might be disappointed, the in- terests of shareholders were para- mount. Moreover, the directorate had acted exactly in accordance with the conditions of the issue.

Rubber Industry Shows Gain. Diveras currents mark the pro gress of the several industries- Taken broadly, it appears that in

Questioned as to whether the dustries having to do with food current ruling oil and petrol prices and clothing show up beat. There still left a margin of profit for the are, of course, exceptions, since in-

company, and whether a profit had dividual plants often depart wide-been made in the first half of 1981, iy from the average.

Sir Henri did not reply, but said Manufacture of food products, that the Royal Dutch combine was for example, has made such rapid row selling 20,000,000 tons ad- strides upward from its Decembernually. level that it now has surpassed the

The report and accounts were position it held at this time in 1929-adopted and the dividend of 17 per The peak came in 1930.

Similar-

ls, leather has climbed 30 per cent. cent, against 24 per cent. for 1929,

Approved. since last winter, but averages

AVIATION RISKS,

lower than in 1930, except for an erratic drop in May of that year. The textile index is the best in more than a year-Lumber, rubber and the stone group also show gains, but iron and steel, metal New Insurance Company working and chemicals declined.

Formed. In motor vehicle manufacture, al- most steady since February, the five-month average is 20 per cent.: The British Aviation Insurance below 1980 and 46 per cent. below 1929,

TUESDAY, AUGUST 18, 1931.

THE CHINESE RESTAURANT, LTD.

OPEN DAILY 11 A.M. TO MIDNIGHT.

We take pleasure in offering the following special menus for the consideration of our patrons. These special menus are prepared by our expert chef.

MENU.

1. Shark's Fins with Yellow of Crabs in Special Soup.

2. Roasted Fowl Livers & Mutton Leg.

3. Steamed Fresh Mushrooms in Shrimp-Roe Gravy,

4. Stewed Duck with Greens.

5. Thick Milk Gravy with Preserved Fruits.

6. Mixed Rice in Fresh Lotus Leaf.

PRICE: $2 per dinner per head.

1. Shark's Fins with Yellow of Crabs in Special Soup.

2. Roasted Fowl Livers & Mutton Leg.

3. Steamed Fresh Mushrooms in Shrimp-Roe Gravy.

4. Thick Milk Gravy with Preserved Fruits. - "

5. Mixed Rice in Fresh Lotus Leaf. ···

PRICE : — $1.50 per dinner per head, A LA CARTE.

Single dishes can be obtained at Prices on list. ESPECIAL.

Special dishes ready for Patron's Order at all hours,

There is a special a la carte mem in English from which patross can order other dishes also as moderately charged as the menus. One can choose to the individual taste. either chicken, duck, awabi, shark's fins, bird's nest soap, boiled or fried garoupa, pigeons, as well as one hundred other delicacies too numerous to emmerate.

THE CHINESE RESTAURANT, LTD.

26, Des Voeux Road Central.

"Y" CLUM" (Manager).

KAIPING HOUSEHOLD COAL

In Lots of not

leez han 1/2-toa:~~ Delivered tô District

Fank

(above Bowen Road), $23.00

to

pur ton Delivered Bowen Road and Lower Levels, $21.00

per ton. Delivered to Pokfulum Road $23.00 per ton. Delivered

to

Kowloon, $19.00

per ton.

Orders should be sent in writ». ing at least 24 hours Before the Coal is re- quired.

All ders must be accom- panied by Cash, Cheque, or Compradore Order payable to "The Kallan Mining: Ad- ministration."

THE KAILAN MINING ADMINISTRATION.

Head Office:-TIENTSIN,

DODWELL & CO., LTD., Agents, Hong Kong.

INSURANCE.

Co., which has just been formed State Control: Labour has grown out of the operations of the British Aviation Insurance The National Research Council Group, through which the class of

Research Tour..

of the United States is preparing business indicated by its name has

Proposal.

plans for a tour of inspection of been effected for some years past. A joint committee of the Trades 11 leading research laboratories The new company has wide powers,

this Autumn by 100 business men and will commence writing avia- Union Congress and the Labour and bankers, says the "Wall Street tion insurance.

Party has been considering the sub- Journal."

It is being organised. The company is capitalised at ject of the State control of all principally to acquaint business £250,000, and the shares have been branches of insurance, and men with the advances made in subscribed by the following com- Press Association is informed that those industries that have adopt

ad research laboratories as a' means (of solving major problems.

The tour will start from New York, going directly to Boston, where the first laboratories will be visited. The tentative plans pro- vide for visite to the following laboratories: Ford Motor Com. Bach-Nesse istund Average amount ««īm. 45,000,000 pany, Dearborn, Michigan; East- The Company offers. to intending JAPAN (Tokyo, Yokohama, Kobe, Users.

man Kodak Company, Rochester, Travellers the use of its "Traveleri | VORWOSA-Gas, ・Bari, Kamanima, Keelung

New York; Goodyear Tyre and. Yakong Nagter Binshiks, alu, Talaso Rubber Company, Akron, Ohio; Cheques" and Lotwri of Credit and; THE YOKOHAMA SPECIE BANK, in addition, the world-wide services CHINA Haskow, cay, Fochow, Nela Park, Cleveland; Westing

. SHOU J. CHEN,

Manager. Hong Kong, 6th March, 1981.

LIMITED.

Established 1880.

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

Yen 115,000,000

Head 'Glico:-YOKOHAMA

Branches and Agencies' at:

Alexandria

Entavia

Berlin

Bombay

Calcutt

Nagasaki

Nagoya

Nowchwang New York Osaka Cantera

Paris Changchan

Peiping Daire (Dalny) Rangoon

englion (Mukden) illo da Jandro

Haobow Harbin Hong Ker

Honelada -Kali Kuch

San Franciaco Seattle Semarang

Shangha

Shimonowed Singapore Socrabaya Bydne „Tientaln

Tokyo -Teinstam

on Current

for fixed

of its thoroughly equipped Travel De- partment

Afiliated with

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

Cascal Deak is Formosa:-

EDANCHES, AND AGENCIES:

Takeo Tamm, Toen, Balio, Talto.

Ewatow, Canton OTHERS-Long Long Slagyon Boersbee house Electric and Manufacturing

Bombay, Secom Batavia, London, New ' York, Dalent,

Company, East Pittsburg; Massa- LONDON BANKEES:

T'as

Calausta.

panies.

Commercial Union Assurance; Excess Insurance; London Assurance; London and 'Lancashire

surance;

North British and Mercantile

Insurance;

PHOTO - SUPPLIES

Kodaks and Cameras.

Films, Plates and Papers, etc." Developing, Printing and Enlarging

ZIESS and BUSCH FIELD GLASSES Price Moderate.

A Trial Order is Soucited.

the

A. SEK & CO.

a full report will be presented to the annual T.U.C. at Bristol In September. The recommendation In-made in the report is that a public to corporation should be set up take over and control all branches of life, industrial, accident, fire, and third party motor insurances. The corporation, it is suggested, of should be formed very much on together with certain of Lloyd's the lines of the

new Transport Board. It would have a board of underwriters.

The directors will be;-Sir Ar- directors selected from the

Phoenix Assurance; Royal Insurance; Sun Insurance;

Union Insurance Society

Canton;

сот-

chusetts Institute of Technology; ther Worley (chairman), Mr. Colin panies taken over, with represents- Dewey and Almy Company, Arthur

F. Campbell, Mr. Montague Evans,

Londos Corasty Weirminster and Parr's Back The Bank has Correspondents in all the principe Comical. Centews, throughout the world, D. Little, Inc., and others: Tau- Mr. Charles Hendry, Mr. Harbort tives of the Government, and pro-

**K NAQURL:

ners' Council of America and V Manager.

General Foods Corporation Inbora- Lewis, Mr. Robert M'Connell, Mr. its would be limited to 5 per cent. W. W. Otter-Barry, Mr. H. G. per annum. A sinking fund would tories, Cincinnati, and the Battelle Memorial, Institute at Columbus, Simms and Mr. R. Y. Sketch. Cap-be established for the repayment tain A. G., Lamplugh, who has been

C. H. BENSON,

General: Managər,

HONG KONG BRANCH

Das Toux Blood Custod [long ang tela Fandary, 1990

THE BANK OF EAST ASIA, LTD.

Established 1918,

HEAD OFFICE:

10, Des Voeux Road, Central.. HONG KONG

Capital and Surplus Total Resources

aver H.3.8,000,000.00 over H.$30,000,000.00.

Every description of Banking and Exchange businesa transacted.

Current and Fixed Deporit Accounts in local and for- eign currencies opened for clients

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

KAN TONG PO.

Chiến

binnagar.

Ohio.

Tel. No. 23459. - \ 26A, Des Voeux Road; C. Hong Kong.

FOR SALE.

A Selection of the best varieties of

-

RELIABLE AND TESTED Flower and Vegetable

SEEDS

from..

Besars. Sutton" & Sons, Reading

Messrs. Toogood & Sons, Ltd...

Southampton

Messrs. Arthur Yates & Co., Ltd.,

Sydney...-

The opportunity of serving you will

have our best attention.

1. No. 16

Wyndham Street.

P. 0. Bmx 620,1 Hong Kong.

Parcel Post Shipments.. underwriter of the British Avia- of the capital borrowed to buy out Parcel post shipments of United tion Insurance Group for the past the companies at the market value The suggested States merchandise to foreign mar-four years, will continue acting in of, their shares. kets during 1930 in packages valu- this capacity. Mfr. A. Cansdale is title of the new body is the Nation be a pleasure and your commands will

al Insurance Corporation. ed at $25 and over aggregated the acting secretary. $20,510,038, as compared with By this new development the In their report the joint.commit- $26,056,088 In 1929, according to growing business of aviation In- tee express the view that there is GRACA & CO., the U.S.,Department of Commerce:surance is placed on a basis where a danger of insurance becoming Statistics of export trade by the association of some of the the private monopoly of a few big. mall are indicative of the fact that strongest and best known of the companies, and that profits on In many Inland manufacturera of ar- composite companies and a group surance business are too large. ticles which lend themselves to of Lloyd's underwriters is made One of the alternatives rejected exportation by mail are finding prof available to owners of aircraft. by the committee was the proposal fitable outlets for their products,The main sections of the business to organise Insurance through a alace many of the packages include will be land aircraft, airships, By Government department."" ed in these shipments originated in ing boste or amphibians.seaplanes, If the report is adopted at the cities' removed from the seaboard. personal accident, ground and Bristol T.U.C. and the Labour Silk hosiery ranked Arst iu value mooring risks, third party, ground Party annual conference at Scar among the commodities seat abroad and third party, specie la franalt, borough in October, it will be pre- during both 1880 and 1929 by par-merchandise in transit and aircraft sented to the Government with s cel post..

and airships under construction. romst for legislation.

RELIABLE PRINTING

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