1931-10-28 — Page 2

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION.

Auskarland Deglial

- 989,500,000

laount and Fully Priday maman. 236,900,099 Beverre Fuxt |--

Khing...

Filipa vama.

# 9,500,000 $20,000,000

Bezervo Lish Kity at Prepilators ---- 820,100,000

NİAD VEHICk, noxa xoMB.

BOARD OF DIRECTORS (—

Hon. Mr. 0,, 0. 11. Marido, Umairan.

Hon. Mr. J. 3) Pukurven, Deputy Chairman.

ding, Mr. 4, 21. Ball, T. X Pares, Mag

4. Demplos, Esq. J. A. Plummer, Mig.

a Lente Larip, Esq. T. II. X. Shaw, Hág.

B. Mieria, Raq,

ASCOT

MANGKU

MATAVIA

J. F. Warren, Bog

Chief Masager.

* Graybarn, Jos

ANCHES:----

LONDON

LYONE

MALLOGA

MOMRAT

MANILA

CALOUTTA

MUA (7ekára)

WANTON

KULDEN

NEW TULK

FRIFING

GLEFOO

JJOLOMBO DALASK WOOLEGW

OWMANG PENANG RANDOOM

RAISON

RATION

SAN FRAKCIO

RELANDE

SINGAPORE

SOTEARATA

*AMBUR

ZŁAKKUW

SARKIN

HONGLEW

SONGXI PATAXI

IPON

TIENTAIN

2010 E

TOKYO

FORN

KOWLOON

KUALA LUMPUR

TLINOTAO

YOKOHAMA

Car Aucts opened in Local Uproar and Fixed Deposits received fac' mula FIET DE cheche periods to Local Carruagy and Morli

rms valch will be quoted in applianskan. Mas Korn, 18 February, 101.

HONG KONG SAVINGS BANK.

The Romans of the above Bask is senter

ol by the HONG KONG AND RELAXOHAT

BANKING OURBATION. Balm my b shrined og applicaud.

FOR THE HONGKONG AND SHANGHAI BARKING CORPORATION,

V. K. GRAYBURN,

Hong Kong, 10h July, 1900,

Chal Manager.

THE BANK OF CANTON, LTD. Established 1912.

Hord Office:Hong Kong.

antherhood Depilat (II.E. Ourssey) (13,000,000

Talk-Up Capitál .................

Bossers Fund scrotran

BRANCHES ---

1,100,000

Caton, Shanghai, Hanken, tanben, Bangtok, New York and Han Frunnions,

COBBESPONDEXIN

LONDON BANKEZE:—

The Lloyd's Dank, Lunlied.

pelacipal clas the Worth

Tesign change and beaking besiator of wary desertprices ramoted.

Safe Deposit Boxne (vaziona siasa) si a poorly

d of from # to $0.

LOOK POONG SHAN,

Chief Manager.

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA. Incorporated by Royal Charter, 1858.

HEAD OFFICE: LONDON.

THE CHINA

THE HO HONG BANK, LTD.

(Established 1917.)

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

Authorised Capital Straite $20,000,000 Issued Capliat

"

4,000,000

MAIL.

Commerce and Finance

2,687,000 SCIENCE'S AID TO

INDUSTRY.

8,000,000

Paid-up Capital

"

4,000,000

Reserva Liabilities

of Shareholders

Surplus .....*

Paid-up Capital

Reservo Fuod

£3,000,000 £4,000,000

Reserve. Liability of Pro--

prietors

£3,000,000

Agencies and Branches:

ALOE STAR

·KUCHING

MADBAR

MANILA

MEDAN

AMBITBAN JANUAR LAT-AVAA DONBAY CALAMITA CANTO

C&WNPORT CRUD

COLUMBO

DAIBEN

DELHI

ILAIFONO

HAMBURG

HANZOW

HARSIN

NEW YORK

PKPANG (Peking)

PEMANU

BANGON

BLIGUN

BEMARANG

SEREMBAN

Номи коно

IPUU

6HANDHAI

SINGAPUER

MITIAWAN

BUURABAYA

TAIPING

TIENTHIN

ILOILO

KARACHI

KLANU

Коня

KUALA KAXOBAA

ICALA LUMPUR

TUKTO

TONUKAH (Bänkst)

TRINOTAG

YOKOHAMA

ZAMBOANGA

Foreign Exchange and General Banking business transacted..

Current Accounts opened and Fir-

od Deposits recolved for one year or which will shorter perioda at rates

be quoted on application.

+

J. STUART,

Managor.

Hong Kong, 17th August, 1931.

NEDERLANDSCHE HANDEL. MAATSCHAPPIJ, N.V.

ENETHERLANDS TRADING HOGIRTY)

BANKERO

Metablished 1894. Kong Kong One:—11, Yuena's Food Grascal. Authorias Capital Guildaes 150,000,000- (213,630,000.3 Pald-Up Capital

Gulders 80,000,000 {4,000,ŠTU) Barra Food

Hasd Off-AMSTERDAM" Haven Hood O-BATAVIA, BRANCHES 1- Bandjarssein,, Bandomg", Borabay,

Calouste, Charbon, Drabe, Djok jakarta, The Elagus** Jodiak, Kobe, kutathatja, alpkurser, štedne, Padang Palombong, Zakalangan Postanak, Kengova, Botterdam", Bemornog Dhanghai, Bibelgi (Bumate), Bingsport Bost Boerakarta (8), Tegal, Tillajas uož

Weltevreden?

• These ice bare akla deponát boses to lak, Landon Banter som National Provincial Bank L

Correspondaniz all over the world

Baong bain of

dseription tramactad.

Cy

▲. STOKKINK:

King Kong, Thch Angart, 1906.

THE

Munich.

AMERICAN EXPRESS COMPANY,

INC.

Head Olies: 65, Broadway, New York.

:

THE BANK OF CHINA. 行銀國中

Capital

Reorganised October 26, 1928, under

Surplus

special chastor of The National Gov- ernment as 20

Rosarves

INTERNATIONAL EXCHANGE

BANK.

..$24,710,200.00

Subscribed Capital ....$28,000,000.00

Beserve Funda ........$ 2,820,501.82

Pald-Up Capital

HEAD OFFICE: SHANGHAL

I

?

HONG KONG BRANCH:

4, Queen's Road Central

Owing to our numerous branches in China and large connections in the im- portant commercial centres of the world, we are able to extend to our clients special facilities for domestic and foreign banking and exchanges.

We also handle the issue of Bonds and other Publia Funds of the Chin ere Government both at home and abroad.

SHOU J. CHEN,

Manager.

Hong Kong, 6th March, 1931.

Hamborg

inarieken Jerzielam

.U.S.$6,000,000 .U.8.$1,572,454 U.S.$1,008,209

timplan

Para

l'apang

Faking l'alermo

BRANCHES:-

Amaterum

Gape

Nice

Glasgow

Alkon

Havana

Boals

Berlia

Bombay

Bremen

Brusale

Loodoo

Buance an

dvarpool

Cairo

Lucerne

Lubo

LATOR

Marseilles

Monte Carlo

Calon Curan Colore Contople

Edinburgh

FORGJOLA

Οπου το

Branches

مانا

عالجة اللا

Munich

Mazurach

Milan

Kotterdam Bothe Stamboul Nomagn Bulbampics Singapor Ms. Morlis

Zuta

Veron

Truce

Yokoha

Zurich

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

All classes of Commercial Banking Transactions undertaken.

www

Personal investment handled.

accounta

The Company offers to intending Travellers the use of its "Travolora Cheques" and Letters of Credit and, THE YOKOHAMA SPECIE BANT. in addition, the world-wide services

LIMITED..

Established 1880.

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

.Yen 114,200,000

Head Ofcas-YOKOHAMA.

Branches and Agencies at:

Alexandris

Batara

Berlin

Bombay

Calcutta

Canton

Changebur

Dairen (Dalny)

Nagasaki

Nagoya

Newchwang

New York

Osaka

Paris

Pelping

Fengtien (Maiden) Rio de Janeiro

Hamburg

Rangoon

San Francisco Seattle Semarang

Shanghal Shiponosald Singapore Boerabaya

Kankow

Honolulu

Harbin Houg

KODE

Karachi Tobe London

Sydney

Tientsin

Los Angeles

Manila

Tokyo Tangtan

* Interest allowed on "Current Ad-

eaunts.

Deposits received for fixed periódi se rates to be obtained on application.

H. MORI,

Mangur,

Hong Kong, Lita Saptambor, 1881.

of its thoroughly equipped, Travel De- partment.

Affiliated with

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

E. W. DUGGAN,

Manager.

THE BANK OF

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

Every description of Ranking and Exchange business transacted.

TAN ENG HOOL

*

Manager.

BANQUE DE L'INDO-CHINI.

HEAD OFFICE: #5, Boulevard Haussmann, Paris. Jubscribed Capital Fra. 72,000,000.00 Paid-Up Capital...Fra. 68,400,000.00 Reserve Fun....Frs.102,000,000.00

BRANCHES:

Bangkok Hong Kong Quinhen

Saigon Battambang Hue Zantho

Mengtzo

Shanghai Singapore

Canton Nam Định

Djibouti

Fort-Bayard Papesta

Numes

Peking

Tientsin

Tourne

Hankow Pnom Penh Vinh

Haiphong

Hanoi

Pondichery Yunnanfu / BANKERS:

X-Ray on Problems of Manufacturers.

BRAINS AND NEW IDEAS,

The Way To Industrial Recovery,

Mr. H. Bleasdale (Messrs. Fairric and Co.) declared that trade could not be revived by bringing out of the ark fossillaed ideas about reduce ing standards of living. The post- tion was far too serious for that. The reduced spending power of the

Ways to industrial recovery were Methods which particularly de-discussed at a meeting of the Man- mand the closest contact between chester branch of the Incorporated the physicist and the manufacturer Sales Managers' Association held are dealt with in the report of work

last month. carried out at the National Physical Laboratory under the supervision of a committee appointed by the De- partment of Scientific and Indus trial Research, of which Sir William Bragg is chairman.

Closer

with 'co-operation'

the manufacturer is plainly desirable," states the report, "since the manu- facturer clearly does not always select for X-ray examination the problems which are most amenable: to such treatment.

IN FRANCE: Comptoir National "He tends to select problema in 'Escompte de Paris; Credit Lyonnale; which all other methods have entire- Banque de Paris at den Payu-Ban; ly failed, and in which the chances Credit Industrial of Commercial; So-

of X-ray methods being really use- dece Generale.

IN LONDON: The National Provinful are not very high. Often, mora & Union Bank of England, Ltd; fundamental researches dealing with Comptoir

National d'Escompte de the process as a whole rather than Paru; Credit Lyonnais.

IN NEW YORK: J. P. Morgan with some one particular aspect of 'o., French American Banking Cor-It would probably be more valuable. poration; Guaranty Trant Co. of New! York,

to arrangements.

"To carry such co-operation into effect arrangements have been made; for detailing suitablo officers of the Interest allowed on Current An-National Physical Laboratory for counts and Fixed Deposits according temporary work in selected Indus- Every description of Banking and trial centres, or in the laboratories Sxchange Business cransected. of research associations, with a view to the study on the spot of the poblems of the industries which should be interested in the applica tion of X-ray methods.

Safe Deposit Boxes to las,

A. BONNAUD,

Hong Kong, let May, 1981.

Manager

THE NATIONAL CITY BANK OF NEW YORK.

HEAD OFFICE: 65, Wall Street, New York,

Capital, Surplus and

Undivided Profits ..U.5.4226,087,892

Branches in:-

ARGENTINE BELGIUM BRAZIL CHILE CHINA COLOMBIA CUBA

DOMINICAN

REPUBLIC

INDIA

1TALY

JAPAN

LONDON

MEXICO

PANAMA PERU PHILIPPINE

ISLANDS PORTO RICO STRAITS

SETTLEMENTS URUGUAY VENEZUELA

Commercial and Travellers' Lektors

of Credit, Travellers' Choques, Dilla

Metallurgical Discovery.

"A visit has already been paid to Sheffield for the study of metallur- gical problems, and further visits are being arranged."

|=21

21.12

ITEG

Javno!

21.00

FELTI

WEDNESDAY, OCTOBER 28, 1931.

REMEMBER OUR CHEAP SALE

A CASH REFUND 'OF

FIFTY CENTS

ON EVERY FIVE DOLLARS,

LOVELY SILK STORE

people would in itself have a serious offect. After all, the war was not won by depressing the morale of our men, and the industrial war would not be won that way either. The way out of bur troubles

was the creation of bold and aggressive policles of business. No markets had disappeared, there was as much Tho money in the world as ever. need for new goods, new ideas, new designs was great. Research must be applied to every article of manu- facture, to find new uses for it as well as improved methods of pro- duction. New standards were want- ed in packing, pricing, and market- ing, and a continuous process of fearless modernisation was wanted |

not a desperate throw at the last Twenty-two firms in Canada dur ditch.

ing 1980 manufactured ink. The Mr. C. Nicholls, the president, | total output had a value of $2,559,- sald that the present state of affairs 000. Printing and lithographic Inks in a period when the world was accounted for $2,265,691 of the more fuk of men's needs than ever total and the balance of $295,027 before was a blot on industrial lead was the value of the manufacture of ership. Another speaker said that writing Inks, typewriter ribbons, superior brain-power was our only stamp pads, carbon paper and simi- hope.

lar commodities.

9, D'Aguilar Street.

A.0.F C. Average of Shanghai Stocks

TWENTY

Yun

REPAC SENTATIVE STOCKS

Lo

Ava

[Anticar Daria France, CamPLANTOL

2313)

(2104)

1454]

In a quiet murkot, Shanghai | firm tendencies were noticeable. In been adopted that currently stocks have moved uncertainly dur-sections of the market. Trame duces activity and makes for small

were a little higher and slightly bet- | market movements. This may con- . ter prices were in evidence among tinue until the commercial relatione Realty shares, Cottons continued with Japan become less strained or to move irregularly with bids lower assume a greater degree of stabill- than Inst business done.

ty.

The report describes experiments ing the past week. After a period undertaken at the suggestion of an of steadiness, the interest of traders eminent Sheffield metallurgist to waned Monday morning, and lead

were neglected with explain the peculiar behaviour of Ing stocks

to bid effort, being made tungsten permanent magnet steels, no

As a result of this one of the newer steels now being up prices. used largely in industry. In manu- apathy, the A.0.F.C. Average drop facture these steels are, of course, ped to 25.91, the lowest since the

known that middle of last February, heat treated. It is when heated to 900 deg. C. the steels lose their magnetism and are spoiled, but they recover it when further heated to 1,250 deg. C. The!

problem was to find out why.

The X-ray patterns obtained re- in detail the structural-

of Exchange and Cable Transfers corded

bought and sold. Current accounts changes which took place during the| and Savings Bank accounts opened heat treatment, and showed that and Fixed Deposite in local and for the spoiling was due to the forma

taken at rates that

of certain definite chemical compounds, the presence of which

eign currencied on application to tion

may ba

the Bank.

We are also able to offer our Cus-chemical analysis had failed to re- tomers the services of the Branches veal. The report also showe how

were

used

to

disclose structure

of the International Banking Corpora- tion in San Francisco and Spain and X-rays also of The National City Bank of changes in the crystal New York (France), S.A., in Paris when a metal was rolled or drawn and Nico.

into svire.

F. McD. COURTNEY,

Manager, Hong Kong, June 16, 1931.

THE BANK OF TAIWAN, LTD.

(TAIWAN GINKO:)

HEAD OFFICE:-Talpeh, Formon

Incorporated by Special Imperial Charter, 1899.

Central Back in Porce

THE MERCANTILE BANK OF INDIA, LTD.

HEAD OFFICE:

Id, firsechurch biztat, London, ECX,

Authorised Capital

Subscribed Capital Paid-up Capital

£3,000,000

1,830,000

1,050,000

Reserve Fund and Rest 1,600,846

·UANKERS'

The ankt Engaand & Midland Deal, Lid.

Bank Notes moued Average amount „Ten, 45,000,000 Bangkok

· BRANCHES AND AGENCIES:

Hombay Caloutta JAPAN:-Tokyo, Yokohama, Ecos, Usaža. FORMOSA :-listen, Kagi. Karenko, Zelung, Colombe

Makong, Hanto, Bhinchika, Taichu, Tainan, Deiti Takao. Tamil, Town, žluto, T.

įstalla OHINA ju dhanghai, Haskow, Amay, Fosshow, Hong Kong

Swalow, Canino.

BOTH. OTHER 1-sg Kong, Bispo, Borabaya, İ

Bemarang, Balaria, bombay,

Jalostia London, York, Datron.

LONDON BANKEES

The London County Westminster and Pare's Back.

The Bank kas dorespondente in all ike, prizelpaž Commercial Cantren throughout the world.

E. MOUDL

HONG KONG BRANCH:

Des V Bond Canal. Bong Kong 19th January, 1958.

Маларм

EAST ASIA, LTD.

Established 1918. HEAD. OFFICE:

10, Des Voeux Road, Central. TONG RONG

Capital and Surplus.

́over HL# 8,000,000,00 Total Resources...................... over $30,000,000.00 Every description of Banking and Exchange business transacted.

Current and Fixed Deposit Accounts in local and for- elga 'burrencies opened for clients.

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

KAN TONG PO,

Chief Manager.

BRANCHES 1

Iyoh

Kandy

Karachi

Kota Bharu

Busta Kral

Kusia Lapla

Kuala Lumpur

Kew York

Раскат

Porn Lowla

Hangoon Shangha

154

Buantan (long) Slogaforw Jadra

Boursing

HONG KONG BRANCH.

nees eripilon of Banking and Exchange best

Brazy

Traveliers Casques Imoed.

Trustee and Executorships under- Laken.

INTEREST flowed on Our Asconi d Fixed Depoalie states that may be serisind on appostios.

C. L. SANDES,

Manager,

1. Ocean's and Demirel

Long Lay 2012 April, 201

FOR SALE.

Flower and Vegetable

SEEDS

Indication points to a HEAVY DEMAND

for seeds

THIS SEASON.

To be sure of getting every variety

you wish we suggest that you

ORDER TO-DAY,

· GRACA & CO.,

No. 10, Wyndham Street, P. O. Box 620 Iong Kong.

Some better feeling developed later on Monday and on Tuesday

A substantial recession has taken i The statisticial record of the place in the market during the past | A.O.F.C. Average follows:

Jan. There has been a general

6 24.10 month. retrenchment that has brought | High for year.....Sept. 19 28.66 about much stronger market post- Recent low point...Oct. 19 25.91

A conservative policy has

Oct. 20 26.87 tions.

Distinctive.

of course

appealing-

always

Yes," CAPSTAN" is truly a thoroughbred among high-grade cigar- ettes. Å distinctive flavor - an appealing flavor -a cooler, sweeter and better smoke. The choice of connoisseurs.

CAPSTAN

COOLER - SWEETER - BETTER