1931-10-08 — Page 11

THURSDAY, OCTOBER 8, 1931.

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION.

auskariaad Capital manan

Insund And Fully Paid up $14,099,518

Rovarea and

il 1,106,990 Flirt

$10,000,000

Koners Liah Elly of Prevelatory ................. $54,000,000 HEAD OFFICE: HONG KONG,

BOARD OF DIRECTORS 1– How. Mr. C 1. B. Muəkia,

Chairma

„Hen. Mr. '1. 3. Pelerat

Deputy Chatrensa.

Bali, T. X Peres, Jou

4. Compton, TAG. J. A. Munszat, Rie.

Land Lawio; Faq, 7, 1. X. Show. Day.

AKON

ΠΑΡΑΤΙΑ BOMBAT SALOUTTA

VANTON.

COLOMBO

אתםנס

#OCHOW JEALPRONG

VAMBUNG

HANKOW HARRIN

OHORM

KONN

+

WLOON

4. T. Wars, Zay.

Chief Manage.

* Greyburn, Nov.

ANCHES

DUAL LITUR

LONDON

LTONE

MALACCA

MANILA

MOAB (Jokers!

MURDEN -NEW-TONE.

PEIPING PENANG RANGOON BAIGON

HAN PRA

PRANGLED

SHANGHA

SINGAPORE

SOURADATA

BUNURI PATANI

TIENT IN

TOKYO

THINGTAO TOKOHAMA

Argis opened in ea] Uveren sad Pized laponita received for ans pour - T sherr perioda in Loes! Curresey and Utariln

sarina whina will be quoted in kypiima bla.

Logi Pabruary, 11.

HONG KONG SAVINGS BANK.

The Business of the above Bank is conduta.

si by the HONG KONG AND SHANGHA!

BANKING CORPORATION.

los co applicou.

Bulee may be

FOR THE HONGKONG AND BANOWIAT

BANKING CORPORATION.

V. GRAYDERN,

Hong Kong, 14 July, 18.

Chief Manage

THE BANK OF CANTON, LTD. Established 1912.

Head Office:-Hong Kong.

Aukberland Capital (B.I. Corranty) #12,000,000

Pala-Up Ospital amen Herre Pond somati

BRANCHES —

DALL 504 $,300,000

Canton, Shanghai, Hankow, wow, Bangkok, Haw York and San Fransicos.

CORDESPONDENTS

LONDON BANKERS (—

The Lloyd's Dark, Limited:

In a prizelpal oilies of the World.

Perigo azokange und banking business w

very sription tracted.

Bats Deposit Boxes various siamo) at a poorly

muted a from $5 10 $40,

LOOK PRONG. SHAN,

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

1558. Incorporated by Royal Charter,

THE

THE HO HONG BANK, LTD.

(Established 1917.)

HEAD OFFICE:-SINGAPORE. Hong Kong Branch: 18, Queen's Kd. C.

Authorised Capital Straits $20,000,000* Issued Capital ....

8,000,000

Paid-up Capital

4,000,000

Reserve Liabilities

HEAD OFFICE: LONDON.

of Bharoholderz

Surplus

01

"J

4,000,000 2,087,000

Fald-up Capital

.£3,000,000

Reserva Fund

£4,000,000

Reserve Liability of Pro-

prietors

.£3,000,000

Agencies and. Branchen:

ALOR STANL AMBITSAN

Đi hồ Ho BATAVIA

BURBAT

CALCUTTA CANTUN CAWNFORM

GENU

WOLONBO

HAIPHONG

DAIREN

DELILI

HAMR

HANKOW

HARDIN

ILOTLA

ควย

KARACELI

LONG CÔNG

RLAND

ROBY.

RUALA KANGSAR

KUALA LUMPUR

Foreign

KUCHING

MADRAS

MANILA

NEDAN

NEW YORK

PEPING«Peking)

PENING BANGOON

BAIGON

HEMARANG SKREMBAN BASQUAL SINGAPORE BITIAWAN BOURADAYA TAIPINO

TIEMIHIN

7OKTO

TUNGKAH (Duke)

TSINGTAO

YOKOHAMA

ZAMBOANGA

Exchange

риж

Banking business transacted..

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

Every description of Banking and Exchange business transacted.

TAN ENG HOOI,

Manager.

BANQUE DE L'INDO-CHINE.

HEAD OFFICE:

#6, Boulevard Haussmann, Parli

Subscribed Capital Fra 79,000,000.00 Paid-Up Capital...Fra. 58,400.000.00 Reserve Funds ....Fra 108,000,000.00

Bangkok

Battambang Ilue Cro

Cauton

Djibouti

flaiphong

BRANCHES: Hong Kong Quinher

Mengtzo

Nam Dinh

Numes

General || Fort-Bayard Papeete

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

J. STUART,

Manager. Hong Kong, 17th August, 1931.

NEDERLANDSCHE HANDEL- MAATSCHAPPIJ, N.V.

(WEIBERIANDS TRADING BOCIETY)

DANKERS

Established 2854. Stang Kang Other >—11, Quwwa's Hood Central. Authorized Capli ......... Guilder 280,000,000.

2419.050.000. Pald-Up Captial ........... Oulders 30,000,00

(25,503,170) Besser Fund

Onlidert 40.011,00%

Head OMAMSTERDAM Ele: Head Of—UATAVIA. BBANCHES-Boudjarmasin, Dandong, Bombay,

Dale, Cherion, Diaber, Djok jakarta, The Haque", Jadikk, Kobe, Koss-Kaja, - akumar, Medan, Padang Palembang, Pekalmagan, Posang Poutisak Bangoo, Bosidazy”, Garang. Ethangal, Bibalgi (Bum). Blugspors, Sourebala Boarakarta (Bole), Tagal. Tillajoy aná Waltersden".

** Tamen ofione hare safe deposit boxes to let. Lace Bankers--Natiouni Provizolat Bank Zil. Correspondents all over the world

Banking balansa of avary

description transacted.

A. STOKKINE,

King Kong, 18th Rogurt, 1900.

THE

Manager.

AMERICAN EXPRESS COMPANY.

INC.

Head Office: 65, Broadway, New York.

Chief Manager.

Capital Surplus ResArves

THE YOKOHAMA SPECIE BANK,

LIMITED,

.U.S.$6,000,000 U.S.$1,672,464 U.S.$1,208.209

BRANCHES:-

Ametoda

Antworp

Albane

Established 1880.

Finale

Ovaci Glasgon Karaca Hamburg

Nio Hispa Pirsaa Peria

Berlia

Ellari

Capital (fully paid-up) Yen 100,000,000 ....Yen 116,200,000 Reserve Fund

Bombay

Bremen

Bra

Barre Interlaken Jerusalem Lido London Edverpoot

Facing

Head Office:-YOKOHAMA.

Branches and Agencies at:

Alexandria

Batavia

Berlin

Bombay

Canton

Nagasaki

Nagoya

Newchwang

Now York

Osake

Parle Peiping Rangoon

Calcutta

Changchun Dairen (Dalny) Fangtion (Mukden) Rio de Janeiro Hamburg

Hankow

Harbin

Kong nolulu Kat Yaen

London

San Franciscs

Seattle

Semarang Shanghai Shimonoseld Singapore Sotrabaya

Sydney Tientela Tokyo Los Angeles Manila

Taingtan Interest allowed on Current Ac- counter.

Deposita received for fred periods st rates to be obtained on application.

HI. MORL

Manager. Hong Kong, 11th September, 1991.

Buenos Air Osito

Calcate

Banne

Gothe Jonsin Uropla

Openbogen Edinburgh

Fioren Geners

Luserne Lugano LALOR

· Muraskilos

Monte Carlo

Kelia

Menink

Montrou

Teking Palermo Rotterdam Roma Bambous Banghai southampto Singapore BL, Morita Tiental

Vazba

Venice

Yokohama Kuriak

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

All classes of Commercial Banking Transactions undertaken.

Personal investment accounta

handled

Hankow Hanoi

Saigon Shanghai Singapor

ยกให Tantalu Tonrans Poklung Prom•Penh Vinh Pondichery Yunnanfu BANKERS:

IN FRANCE: Comptoir National Escompte de Paris; Credit Lyonnais;

Janque de Paris et des Pays-Bas;

Brodit Industrial et Commercial, Bo.

late Generale.

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

IN NEW YORK: J. P. Morgana Co., French American Banking Cor- puration; Guaranty Trust Co. of New York.

Current Ac. Interest allowed on ounts and Fixed Deposits according

to arrangements.

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

A. BONNAUD,

Hong Kong, 1st May, 1981.

Manager.

THE NATIONAL CITY BANK OF NEW YORK.

HEAD OFFICE: 55, Wall Street, Now York.

Capital, Surpins and

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

Branches in:--

ARGENTINE LONDON

BELGIUM

BRAZIL

CHILE

MEXICO

PANAMA

PERU

PHILIPPINE

ISLANDS

CHINA COLOMBIA CUBA

PORTO RICO

DOMINICAN

STRAITS

REPUBLIC

SETTLEMENTS

INDIA ITALY JAPAN

URUGUAY VENEZUELA

Commercial and Travellers' Letters of Credit, Travellers' Cheques, Billa of Exchange and Cable 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- tion in San Francisco and Spain and also of The National City Bank of New York (Franes), SA in Paris and Nico.

F. McD, COURTNEY, - Manager. Hong Kong, June 16, 1931.

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

HEAD OFFICE:-Taipeh, Formoss.

Incorporated by Special Imperial Charter, 1899.

Central Bank in Form Bank-Notes ustad Arisps, anoum ...Yan. 45,000,006 BRANCHES AND AGENCIES |

The Company offers to intending JAPAN:-Tokyo, Yokohamns, Kobe, Osaka. Travellers the use of its "Travelers Cheques" and Letters of Credit and, In addition, the world-wide services of its thoroughly equipped, Travel Do- partment.

Affiliated with

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

E, W. DUGGAN,

Manager.

Koolang FORMOSA :-Ulsan, Kag, Karaoko,

Makouy, Necto, Bhashika, Taloks, Iminan Takas, Tatsui," Town, Haito, Taita. CHINA:hanghai, 13.pow

Hwalow, Danton,

OTHERS-g Kong, Bingapore,

Bemarang, Batavia, Bombay. Loudon, New York, Duren.

LONDON BANKIDS.

Foochow

Bourabaya, Caloite

The London County Westminster and Pary's Bank.

The Bank has Cornsapondante in all the princťjul Commercial Dentim throughout the world.

L. NAQUEL

Manage.

HONG KONG BRANOU,,

Des Your Bond Central. Hong Kong. 193 Jamary, 1996

CHINA MAIL.

BUSINESS DIRECTORY

DRAWNWORK & EMBROIDERIES!

Commerce and

Finance SWATOW TRADING CO

NATIONS" WAR DEBTS.

Hon. A. Shaw Urges Revision.

41

"Great blocks of the production of certain countries have, In effect, been pledged by treaty to be handed over to other countries in payment, not for present produc- tion, but for past destruction to make good, if you please, some of the wealth blown into the air dur

BASIS.ing the Great War.

Established 1910. MANUFACTURERS OF Swatow Drawn Work

ART

AND

EMBROIDERIES

ANNOUNCE

The opening of a branch store At Gloucester Building Arcade

shortly.

Watch this space for further Announcements.

LITERATURE

BOOKS

for All

Bibles, Pocket Testaments, Prayer. Books and Stationery, General Literature Presentation Books Children's Books a Speciality,

WORLD TRADE ON FALSE

A Hopeless Task. "The mechanism of the foreign There is no hope of Europe exchanges is not capable of carry- being relieved from the present ating such a burden. That mechanism mosphere of menace, and no pro has only been saved at all during spect of Bient in trade and employment ex process of creditor countries lend- cept through the drastic scaling ing to their debtor countries the down or cancellation of reparations bulk of the funds which are then or war debta. ·

directly or indirectly received back or Re. as payment of war debts parations.

any permanent Improve the past few years by the almple SWATOW TRADING CO THE BOOK & BIBLE DEPOT

This opinion was expressed by the Hon. Alexander Shaw,, joint deputy chairman of the P. and O. Steam Navigation Co. and a direc tor of the Bank of England, at the launch of the P., and O. llnor Car thage at Glasgow.

Mr. Shaw recalled the legend of Sisyphus, who was given the task of rolling a large stone up a steep hill. Whenever the stone neared the top down it rolled again to the bottom.

in

"That is the task set for Europe

those

times," he

declared.

"Whenever the creditor countries grow weary of this and seek to withdrdaw their credits, then the situation of a debtor country like Germany grows desperate. Its or change weakens, its banks start to close down, and Europe. is hung for

fortnight or so over the pit, until an International Conference is held, like the Conference in July, and people agree to go on again as be- fore, lending to their debtors.

"S0

we travel wearily from

"Whenever trade and business and Dawes Plan to Young Plan, employment scom to revive, this and from Conference to Con- eternal question of Reparations ference. The politicians meet crops up again, and down every and hand the taak over to thing rolls to the bottom. No financial experts. The most bril- amount of business energy or finan liant financial brains in Europe are cial skill can cure the disense which set to tackle this hopeless labour. in keeping the factories and ship You might ag well seek surgical

so largely idle-advice about yards of Britain

an earthquake. AT No jockeying with monetary valuca root the trouble is political and not

financial.

will cure It.

"The root cause lies in the fact "Because of these things animosi- that Europe and America have got ties and fears flourish and Europe off the old sound basis of foreign is an armed camp. Unemployment trade, viz., the exchange of goods or here is vast in scale, and chronic in services of one country for the character, and the foundations of goods or services of another.

social stability shaken.

THE BANK OF CHINA.

行匏款

Aro averywhere

"The only real way back to normal lles through drastic dealing debts. with Reparations and war

Only that will make the world flt for healthy international trade to to come be-

Reorganised October 26, 1928, under live in. It is bound

special charter of The National Gov-cause it is ordinary common-sense.

ernment as J

INTERNATIONAL EXCHANGE

BANK.

Subscribed Capital Pald-Up Capital

But common-sense sometimes tarrles long. May God speed its coming." The New Liner,

..$26,000.000.00

The liner Carthage, which was -$24,710,200.00 | launched at the yard of Alexander Reserve Funda...$ 8,820,503,82 Stephen and Sons, Glasgow, is a

HEAD OFFICE: SHANGHAI

HONG KONG BRANCH:

4. Queen's Road Central,

sister ship to Corfu, now approach- Ing completion. Both are Intended for the P. and O. service to China and the Far East.

Carthage, a vessel of 14,500 tons, Owing to our numerous branches in will, when completed, present the modern of a China and large connections in the im. typical appearance

of the P. and O. liner, with her straight portant commercial centres world, we are able to extend to our stem raked forward, two masts, two ellents special facilities for domestic funnels and cruiser stern, and black and foreign banking and exchanges,

We also handle the issue of Bondr bull with the P. and O. white lines and other Public Funds of the Chin and white upper works. She has ese Government both at home and an over-all length of 545ft. and abroad.

breadth of 71ft, a shaft horse- SHOU J. CHEN,

Manager. power of 18,000, and her estimated Hong Kong, 6th March, 1831.

speed is 19% knots.

THE

BANK OF EAST ASIA, LTD.

Established 1918.

HEAD OFFICE:

10, Des Voeux Road, Central. HONG KONG.

Capital and Surplus Total Resources

over H.$ 8,000,000.00

over H.$30,000,000.00

Every description of Banking and Exchange business transacted.

Current and Fixed Deposit 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,

Chief Manager.

HEAD OFFICE:-6 Podder St. Opposite Hong Kong Hotel 'Phone 23303.

ATTRACTIVE TAILORING

The Latest In Gentlemen's Outâtting

AT PRICES TO BUIT ANY PURSE.

PERFECT FIT

AND RELIABLE BUITINGS.

WING HING CO.

Gentlemen's Outittere

64, Queen's Rd. C.

Tel. 21417.

DENTISTS.

HARRY FONG, Dentist,

lat floor, No. 74, Queen's Road

Contral. Tel. 21255,

TANG YUK, DENTIST

Successor to

the late SIEN TING, 14, D'Aguilar Street TERMS VERY MODERATE Consultation From.

ENGINEERS & SHIPBUILDERS.

W. 8. BAILEY & CO., LTD,

Kowloon Bay.Į

New Work & Repairs. Call Flag "L": Bole Agents for Kelvin Motors.

FRUITS.

AMERICAN FRESH FRUITS

Emperor Grapes Pearmain Apples Sunkist Oranges Sunkist Grapefruits

Phillip Cling Peaches

EX S.S. PRESIDENT HOOVER Arrived here, September 21.

WING COFFEE CO.

Tel. 25869

139 Des Voeux Rd. C., Hong Kong

SPORTING GOODS

ATHLETIC GOODS

REDUCTION SALE

NOW ON 1-spection Cordially Invited.

THE LIANG YOU CO..

70, Queen's Bond C.

Wyndham Street. Next to King's Theatre. Agents for

די

British & Foreign. Bible Society The Religions Tract Society and The League of Nations' Society.

GENERAL PROVIDERS.

We beg to announce that we have just opened at 199, Des Voanx. Rond C. and have a fine selection of new goods

including

LADIES' STOCKINGS

AND

HANDKERCHIEFS

SCENTS, TOILET WATER PERFUMES.

Our prices are very low.

THE CENTRAL CO. 193, Des Voeux Road C. Tel. 27628.

HAIR DRESSERS

LEE YEE,

Ladies and Gentlemen's Hair Dressers & Booksellers. No. 12, D'Agullar Street. (opposite Queen's Theatre),

LIANG YOU Gentlemen's & Ladies' HAIR DRESSERS. King's Theatre Building, (D'Agullar St, Side). Tel. 20315.

LADIES' AND GENTLEMEN'S HAIR DRESSING SALOON,

ON LOK

(AH HING)

10, Wyndham Street, 1st Floor. Entrance On Lan St. Tel. 22317.

OPTICIANS.

THE HONG KONG OPTICAL COMPANY,

'Phone 22232.

53. Queen's Road Central,

SHOES.

Pair Brown

Black or 'Shoes, from $6.00,

Black

OT

Brown Boots from $8.00. Children's Boota su Bhoes from $3.00.

Bast styles, most complete stock

of all sizes. Repairing a specialty. WONG SIU WOON SI. Pottinger Sh

Phone #1474.

WAKE UP! DO

YOU WANT TO FRIGHTEN THE

NEIGHBORHOOD?

NOW KEEP QUIET"

• MUST HAVE A

LITTLE NAP BEFORE

I TAKE MY SINGING

LESSON

BRINGING OP FATHER

¿013, Eno7 #palke Service, Inc., Great Britain riglia esserved.

VN

N

WELL, IF THAT IS

TO EX FOLLOWED

BY GINGING.-

GOIN' WHERE

IT'S QUIET!

878

3 YEAR GUARANTEE

AND

2 YEAR EASY PAYMENT

GENERAL ELECTRIC ALL-STREL, REFRIGERATOR

Call or write for full particulars.

on viero at

The Hong Kong Electrle Co., Ltd.

The General Electric Co., Ltd.

Wm. C. Jack & Co. Ltd. and Andersen, Meyer & Co. Lt