1931-11-06 — Page 2

DANKS

HONG KONG AND SHANGHAI BANKING CORPORATION.

tasari suð Fully Pold-up in 98,106,000

Gastra Cánh Bóg at Proprietors -... 136,901,000

READ SVETOM; HONG KON

Mr.

WOARD OF DIRECTORE+-

Ko, Mr. C. d. $. Murtle. Chairman.

Doo, Mr. 7, J. Patorane,

"Dipity" "Olarm.

1. Well, T. X Pearse, Bag,

A. M. Ompion, Eaq.“ J. A. Plummer, Bog.

* Lander Lewis, Kay, T. IL. B. Chow, Bos.

1. *iskin, Boy.

ANGE

SANGZÓN BATAVIA

BOMBAY

CALOUTTA SANTON

1. 1. Warena, Hog

Oblet Manager

* Ümbers, Bos

Aents:-

LONDON LYONS

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

HEAD OFFICE: LONDON.

Paid-up Capital

.£3,000,000

Reserva Fund

£4,000,000

Renova Liability of Pro-

prietors

.£3,000,000

Agencies and Braßchen:

ALOR STAN

KUTTING

MADBAN

ARHITHAN BANGKOK DATAVIA BIMBAY GALQUITA САНТОМ CAWAFUBR OZBU

CULUMS0 DAILEN

DELLU

BAPHOMO

ILAMBUM

HAKKUW

UABIN

MANILA

MEDAN

NAR YORK

PKP.NU (Psking) PANADO

RANGOON

BACOUN

BKNABANO

DKORNDAN

SHANGHAI

BINGAPORE

BITIAWAN

HUN LON

BUL BA KAYA

MALACCA

ILVILO

TAIPINO

MANILA

IPO

TIENTMIN

NUAR (Jebar)

ZARACION

TOKYO

MORDSN

KLANG

KOIR

NEW TORK

KUALA KAMOSAS

NOLOXED

PELPING

KUALA LUMPEN

PORCHOW

HANKOT

PENANG

RANGOON

GALOGE

EHANGH EINGAPORR

GOIBARATA

OXOX (LOILO

SUNGRI PATAM

JOHORN

ונס

KOWLOOM

KOALA LUMPUR

TIENTSIN

TOKYO

TRINGTAU

TUKOBAMA

Outras munte apaned la Deal ONLY and Fixed Deposita roomved in vos fi „therkar pethods in Local Curreany asi liecina Derma Wish will be quesad sa syplinette. Kem Kong, $ik Pebruary, 1001.

HONG KONG SAVINGS BANK.

The Maximone of the shore Bank is sabunt

by HONG KONG AND HANUSIAE

BARKING CORPORATION. Baise way b shine on applanation.

FUB THE BONIKUNG AND WHIANGMAI BANKING CORPORATION.

V. M. GRATOURN,

Hong Long, tik Fuly, 1900,

Chat MagSE-

THE BANK OF CANTON, LTD. Established 1912

Head Once:-Hong Kong.

Aalorised Capital (E.X. Ourrency) 911,900,000

PC Capital .....

Moservi Fund

$.600.00 ................ 1.100,000 BRANOUCH 1-

Ook hanghai, Baskow, water, Bangkok. New York and Sun Prorasou

DOBBESPONDENTS

LONDON BAKKERS

The Lloyd's Bank, Mimibet,

In all principal cities of the World,

Po zuge anë banking business o

www.ameription tested.

Bals Depali Borse (variowy Minsa) ak perly

af from 5 to 35;

LOOK POONG SHAN.

TONGKAH (Ehaha). TRINGLAO

YOKOHAMA

ZAMBWANDA

Foreign Exchange and Goera!

Banking business transacted.

Current Accounts opened and Fix

which will

od Deposita roosived for one year or shorter periods at rates to quoted on application.

J. STUART,

Manager. Hong Kong, 17th August, 1931.

NEDERLANDSCHE HANDEL- MAATSCHAPPIJ, M.V.

(UNTIESLANDH TRADINO SOCIETY)

BANKEM

Kong Olle-El, thusen's Hood Donwal

Autheted Cupid Gulldocu 163,800,000- Palk-Up Depliad

Kur Fas

Özildare 10.411,000

Head Off-AMSTERDAM- Rasioca and Ollo!—8£TAVIA. BRANOLLES- Bandzermain, Bandung", Bombay,

Cal Chribon. Useabar, jo jakaria", The tingos", Juddsk, Kobe foto kedja. Muaumont, Macau, Padang Fim Folalongan, POKLO Postaat, goo Rotterdam”. Baar

bol. (Bar) Bingapore Hours Beerskants (Boles, Tegal, Tşılaşıp not Waiterrada".

* Those all kare sale daponić bezen we lay. Lostos Bankero:- Babional Provincial Bank Láš.

Üntrespondents wil or the world

Banking business of every desorption - temporad

4. STUKKINK,

Hong Kong, 18th daguer, 5200,

THE

Kw

Chief Managor.| AMERICAN EXPRESS COMPANY,

THE BANK OF CHINA. 行銀國中

Reorganised October 29, 1928, under

special charter of The National Gor ernment as su

INTERNATIONAL EXCHANGE

BANK.

Subscribed Capital $25,000,000.00

INC.

Head Office: 65, Broadway, New York.

U.S.38,090,000 U.9.$1,572,454 U.S.$1,908,200

Capital Harplus...

Heserves

BRANCHES:-

Amarackam

Animary Athang

Can Glasgow

ELAYACA

:..$24,710,200.00

Fi

Karlin

...* 3,820,508.82

Burrito

Bombay

Besmas

HEAD OFFICE: BHANGHAL

HONG KONG BRANCH:

Paid-up Capital

Reserve Funds

4, Queen's Road Central

Owing to our numerous branches in China and large connections in the fm. portant commercial centre 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 Bonde and other Public Funds of the Chia- Government both at home and

SHOU J. CHEN,

Manager. Hong Kong, 5th March, 1981,

caa

abroad.

Вешин Borges &

Calto

Calorie

Смелой

Llambur Lavru

Latarlakes ForumƐam Lida London Liverp

Lareerse

Lugabe

LLOF

Octom Constantinopla Dopeka

Mal

Mouse backs

Morsom Осать

Branches

Wanita

Munich

Moores

SfLoc of

Nim kapta Przewa Para Frang Foxing J'eng Beards Roc Beam hou!

Acashamk Bingapor B, Mont Titlei

Vec.

Terios

Barch

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

All classes of Commercial Banking Transaction undertaken.

Personal invantment handled

accounta

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

LIMITED.

Hatablished 1889.

}

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

Yen 116,200,000

Head Office:-YOKOHAMA,

Benches and Agencies at:

Alexandria

Batavia

Berlin

Bombay

Calontia

Canton

"Changchun

Daizon (Dalny):

Nagasaki

Nagoya Newchwing

New York

Otaka

Paris

Peiping Rangoon

Francisco

Semarang

Shanghai

Shimononald

Fengtion (Mekdon), Hio de Janeiro

Hamburg g

Eskor

· Harbin

KARE

Honokala

Kal Yoon

Karackl

Bingapore Boorabaya Bydney Tientaln Tokyo Tsingtan Interest allowed on Current As- ecantate

London

Los

Angsion

Manila

Deposits received for dad periods straiza to ve sbtained, on application.

·HL. MORL

Manager, Hong Kong, Uth September, 1931.

of its thoroughly equipped, Travel Da partiment.

Afiliated with

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

RW. DUGGAN,

Manager.

THE

THE HOCHONG BANK, LTD.

(Established 1917.)

READ OFFICE:~~SINGAPORE. Hong Kong Branch: 13, Queen's Rd. C.

Authorised Capital Strata $20,000,000 Issued Capital

Paid-up Capital

Reserve Liabilities

of Shareholders. Surplus

น

-8.000.000

4,000,000

4,000.00 2.087.000

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

Every description of Banking and Exchange business transacted.

TAN ENG HOOL

Manager

BANQUE DE L'INDOCHINE.

HEAD OFFICE:

96, Boulevard Elausamann, PARIS.

-il

Capital fully paid up .Fra. 120,000,000 Reserves (31.12.1930) .Frz. 116,508,454 BRANCHES:

Indo-Chine. China.

Canton Hanoi

Fort-Bayard Halphong. Battambang flankeou Cantho

Hongkong Thanh Hoa អud · Mongtze

Poping

Nam Dinh

Other Places.

Bangkok

Djibouti

Noumea

Papoote

Prom-Penh Shanghai

Quinhon

Tourano

Vinh

Pondicherry

Tientsin Yannunfou Singapore

Every description of Banking and Exchange Business transacted.

Interest allowed on Current Accounts and Fixed Deposits according to ar rangements.

Safe Deposit Boxes to let. Travellers' cheques issued.

CHINA MAIL.

ן

Commerce and Finance

BUSINESS MAN'S

MORALS.*

NEW ZEALAND MEAT.

Frequently Condemned. Exchange Handicapping

The Industry.

"The business man's morals are frequently con.emacd," writes Sir

In its ninth annual report, cover" Joan Howland in the Yorkshireng the year to June 30, the New "It is said that he is Zealand Meat Producers' Board Observer. utterly unprinc pled, doing in the states that a review of the export office things that he would blushkilling Agures this season shows leven to consider in his home that although the output of meat clrcle, He is unscrupulous to from the point of view of freight wards his staff, he cheats his busi-azcases has not come up to last neas rivals and, worst of all, he season's record figures, yet a fur- swindles the public.

ther record in the quantity of lambs' "If the people who fadulge in killed for export to date has been three trades would pause to con-established in spite of the fact that sidor they would realise that if the the lambing returns showed

that business man were as bad as he is there was practically the BRIC painted he would drive himself number of lambs in the Dominion into bankruptcy within year. ss last year.

息

the

4

The truth is that business men

With the present competition on 2.e better situated to understand the Smithfield Market, adds the ro- the force of the old saying. port, the exchange position has a 'Honesty is the best policy,' than

very Important bearing on most of their critics, and to an as- values received by shippers, and it tonishing augree they apply the is giving New Zealand's competi precept to everyday transactions.

tion a great advantage, as the ex- "To my mind the only busi

change rates to-day represent ness man who a consistently dia-substantial premium to the ship- honest is the one who pretends to pers of both South America and tag ig ve more than value for money. Commonwealth of Australia, and Ha deceit would seem to be obthe result has been that production vious. Yet, frequently enough, has been encouraged in these the public shows genter con- countries. All this makes it in- A. BONNAUD, fidence In his good faith than in Manager. that of the 'man, whose intention

is only to make a fair profit.

"Enduring business is founded jan sound economics. Business is no more philanthropy than it is a fraud. Modern publicity thrown a strong light on business methods, and perhaps these will not always bear close scrutiny But it is my belief that, speaking generally, the bus'ness man pre serves as high a standard in his dealings as is maintained in any of the professions which are less Subject to public criticism."

5, Queen's Road Central. French Lank Bunding. Hong Kong, 1st November, 1931.

THE NATIONAL CITY BANK

OF NEW YORK.

HEAD OFFICE: 55, Wall Street. New York.

ון

Capital, Surplus and

Undivided Protita ..U.S.$220,037,302

Branches in:- ARGENTINE, LONDON SELGIUM

BRAZIL

CHILE

MEXICO PANAMA PERU

CHINA

COLOMBIA GUBA

DOMINICAN

REPUBLIC

INDIA

ITALY JAPAN

FORTO RICO STEAITS

SETTLEMENTS

ti QUAY

VENEZUELA

CALCUTTA ELECTRIC..

Progress Of The River Scheme.

as ugly dieuit for the farmera of this Dominion to compete on the home markets.

IN

D. serious To illustrate what handicap the present exchange is in marketing of New Zealand pro- hos

duce, it la pointed out that if the farmers of the Dominion rece.ved the same premium as is at presen!. being obtained in South America and Australia, it would mean increase of 18 per cent. to 20 per ent. on the value of all produce exported from the Duminon.

develo To show the enormous ment in the export of frozen lamb to the United Kingdom it may be mentioned that in 1913 the total shipments from New Zealand, Aus- tralia and South America amount ad to 6,617,405 lambs waereas for the twelve months ended Dec. 31, 1920, the total reached 11,003,424 and last year (1980) a record was established-of 14,306,041 lambs.

The Calcutta Electric Supply Cor. poration has long been faced with Commercial and Travellers' Letters the growing difficulty of providing

The export of lambs from South of Credit, Travellers' Cheques, BB electrical energy for the important America to the United Kingdom of Exchange and Cable Transfers residential and industrial area in for the year 1930 showed a furt..er bought and sold. Current accounta and Savings Bank accounts opened the south of Howrah, on the right increase over the preceding year, and and Fixed Deposits in local and for bank of the Itiver Hooghly. The shipments from that country watch eign currencies taken at rates that load in that district is rapidly in arrived on the home market in the may be ascertained on application to creasing and though the company early part of this season were much! thu Brak.

larger than usual,

We are also able to offer our Cus.han a new and up-to-date station at tomers the services of the Branches Garden Reach, on the left bank of of the International Banking Corpora, the river, the problem has been to tion in San Francisco and Spain and get its cables across to the other also of The National City Bank of New York (France), 8.A 1 Parli side. Lad Nico

F. McD. COURTNEY,

Hong Kong, June 16, 1981.

SWEDISH TRADE.

Standard of Living

Maintained.

The river at this point is fr quented by ocean-going steamers, Manager. and cables laid in the bed of the river are liable to damage by ships'

In his report on the trade of) anchors. For a solution, therefore, Sweden for the first half of 1931, the choices lay between building assued by the Department of Over- new and expensive generating sta ceas Trade, the Commercial Loun- THE BANK OF TAIWAN, LTD. tion in Howrah itself and taking the sellor to H.M. Legation at Stock-

(TAIWAN GINKO.)

HEAD OFFICE:-Talpeh, Formosa.

Charter, 1899.

electric current from the left bank nolm points out that the decline by some form of tunnel under the from the high level of activity river.

which occurred towards the end of The Board consulted Mr. Harley last year was accelerated during Incorporated by Special Imperial II. Dalrymple Hay, and on hia 4 the first half of 1981. Unemploy-

vice placed a contract with Johnment, he says, has increased rapid-|| Cochrane & Sons for the const ucy, and production, especially in 16,,tion of a tunnel Work started in trades working for export, has

December, 1929, and inforfation has Just arrived that the tunnel which was driven from the left bank, hos reached the shaft on the Howrah

KOMMUNA

Central Bank in Formoss Bank Notes Les Arange amount.

BRANCHER AND LUENCIES: JAPAN-Lokyo, Zukobama, Loss, UNES

Bagh Baranko, L Makong hasto, thincham Thoma. Tabu Taconus, Fann, klmio, Tanza, TILINA :—Dauguma,

Hankow Amaz, Toochen. balon, Centon,

Bobaya

Caratsalda,

07 £-g Kong.

Demarang, Batavia, bebay. Lorden, New Stek, DatJEKT,

LONDON BANKERS,

The Loodos County Wam adi Kur'u Hash

The Bank has Correspondente in ail tha, principe: Commercial Centres throughout the world.

K. NAGURA.

·

Manayot

HONG KONG BRANCH

1. D. Vans Bond Central Hong Kong. Inth January, 1920

THE BANK OF EAST ASIA, LTD.

Established 1918.

HEAD OFFICE..

10, Des Voeux Road, Central. TONT KONG.

Capital and Surplus

over HL.$ 8,000,000,001 Total Resources ................................. .......... over IL$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 BoxeA.

· Branches and Agencies all over the world.

`KAN TONG PO,

y: Chief Manager.

BOOM IN WOOL TRADE.

diminished.

Purchasing power and general standard of living have not yet own a distinct movement down- wards. Imports of articles of general consumption, such as coffee, wine, fruit, had been maintained,į and internal sales of spirits show an increase. Statistics of retail sales during the early months of this year in most branches reveal The suspension of the Gold Stan-a decline as compared with 1980, dard created boom conditions in the but are still above the 1929 figures. In some cases-made-up clothing! wool trade in Manchester, says a the turnover this year is larger report on September 29,

than last.

Six Months' Output Sold In A Week.

Bankruptcles so far show only a The statistical] slight increase,

Orders for plece goods have pour- ed in since the early part of last wpek. The improved demand for yarns has been accentuated by the position indicates, therefore, that effect of the exchange upon the Let-up to the present the incidence of cester hosiery Industry. Leicester the industrial depression has not firms are now turning from the boon fully felt in all branches of

trade. aapplles, and the demand from this Continent to the West Riding for

quarter, combined with that from six months' output, and the demand, manufacturers of cloth, means that is not satisfied. spinning....milis healthy order books.

hava

vary How

4

Prices have jumped. A week ngoj 64 quality could be bought for)

· Expansion' of orders for yarns 19d. Yesterday buyers were willing has meant an enormous damund for to pay 25d. and could not get offers the tops from which yarns are apun. accepted, Wool, notwithstanding Since England went off the Geldi the advance. is still a cheap artic's, Standard Bradford top makers have, and any advance in retail prices, isl sold quantities representing up to unwarranted.

FRIDAY, NOVEMBER 6, 1931.

Overland China Mail.

A WHOLE WEEK'S NEWSPAPERS IN ONE.

Judgment quashing, a conviction returned by the Second one bugant, Central Magistracy, was given 'in "run Cout on Novem。er 2 in the ageal by 13 Clunesie who were arrested in the Sik Yue Ciao, deb-18, queen's kond West, on Augusi 6, and uned by the magistrate — \Wo as Keepers or a cvmmon gaming nvuse, and the others a

The UVERLAND players in a common ganung house. UHINA MAIL "euronicles the judgments fully.

T

All the ingredients of a typical Hallowe'en festival were at the Valheer ari nait on uclover 31, when the Scottish Company of the hong kong Volunteer Desence Corps and guess assemmed, over 100 strong, to ceseurate ine occasion in utting manner. l'ipers were there, so aus50 the inevitable haggis,-"Chieftain o' the rudden tince”— "dookin' for åpƒæ9′′ -the treacie sconc, and, to be sure, the "wee drappie o't." A full report is contained in the OVERLAND CHINA MAIL.

In the Summary Court on November 1, before the Puigne Judge, Captain Altred George Corbin, formerly mas.er of the motor vessel Wo Ping Yee, brought an action against the owners of the ve se, the Wo Ping 8.8. Co., Ltd., of 41, Des Voeux Hoad West, claiming the sum of $1,561.70, being salary due to him, expenses incurred, by him on behalf of the owners of the ship, and damages for wrongful dismissal. The Plaintif was awarded damaged.

·Detalled account of the proceedings, appears in the OVERLAND CHINA MAIL.

Wireless messages received in Hong Kong on the night of November 3 from H.M.S. Hermes gave news of a mishap which occurred to the Japanese steamer Ryujin Maru in the Haitan Straits. The Hermes was on a voyage to Hong Kong when she picked up the distressed ship's message, A thriliter story is contained in the OVERLAND CHINA MAIL.

There la no phase of the life of the Colony or of China that does not receive attention in the OVERLAND CHINA Mail - the weekly paper that YOU MUST URDER NOW.

READY NOW.

Mail via Suez closes at 10.30 am., Novembor 7. and via Siberia at 10 a.m., November 7. SINGLE COPY....... 25 Comm

[Hold on the streets and at the bookstalla or you can vond your subscription to the odico-il, #13 ́per annum, se $19 Including postage abroad. £g-yourly

ur quarterly periods pro rata.).

No. 4A, WYNDHAM STREET~~~PHONE 20071.

THE OVERLAND CHINA MAIL"

DAILY CROSS-WORD PUZZLE.

(This cross-word puzzle has been made by an expert but our readers are warned to look out for occasional phonetic. spellings, such as harbor, plow,and altho.)

10

16

28

32

36

40

29 30

134

36

142

46

48

179

HORIZONTAL 1-Meditated T-Partne B-Proposter 10-Endured 12-Matron face 14-Anything designed

to allure a fish 15-Email tatto 17-Unmarried woman 19-A city of England

(abbr.) 23-Farm animal (pl.)

23-Ancor 12-Indofalte articia 21-Constellation 26-Parmite to live 27-How melas.

20-Drille 22-Unit

15-uaical nata 34-Drgan of hearing,

26-A tren of the

cashew family

37-Interdict

L

HORIZONTAL (Cont) | 33-Drap 40-Acsiot

41-Davald of covering 42-Seaport in Orosco 44-To publish or

spread abroad 49-A school study

(abbr.) 43-Molodlor 140-0floor's shoulder

ornament

VERTICAL

-T-Choicest 2-Rodent

7

S-Russian staport on

the Black Bom 4-Accomplish

B-Consuma

19

13

18

VERTICAL (Cont.) 14-fant in places by-

explosion

10-A foot-ilka organ |12-Forsordain

20-Enclosed space for '

compati

31-Backbone

24–3. W. Ctate of U. 5.

(abur,) 20-Graek goddess of

maliclopi mischief 27-Rewing

20-0da

31-9mall⋅ (Boot.). [32-A trying experience

52-The darnold". 133-Order:

|97~A, nocturnat,

mammal (pl) 6-A measure of weight 30-Small opening In

the skin. 7-3hower

D-A morton of stipe: . 41–Béronet' (abbr). 10-A town in N. France 49-Juled of plants 11-Prefix. Apart/45-A. falsehood: 18-A father

47-Mother

The solution of the above cross-word puzzle will appear in is morrow's terus along with a new, crossword puzzle.),