1931-11-12 — Page 11

China Mail 德臣西報 中國郵報 All

THURSDAY, NOVEMBER 12,

1931.

BUSINESS DIRECTORY

DRAWNWORK & EMBROIDERIES

SWATOW TRADING Co.

Established 1910. MANUFACTURERS OF Swatow Drawn Work

AND

Art Embroideries

ANNOUNCE GRAND

OPENING SALE

NOW ON

AT NEW BRANCH STORE GLOUCESTER BUILDING

ARCADE.

SWATOW TRADING CO.

'HEAD OFFICE:-6 Pedder Bt.

Opposite Hong Kong Hotel. 'Phone 23303.

ATTRACTIVE TAILORING

The Latest In

Gentlemen's Outfitting

AT PRICES TO SUIT ANY PURSE.

PERFECT FIT

AND-

RELIABLE

SUITINGS.

WING HING CO..

Gentlemen's

Outfitters

64, Queen's Rd. C. Tel. 21417.

Yery Nice Woolen Materials

For

Making Ladies' DRESSES

&

OVERCOATS

Also

FURS &

SILK

HOSIERY Expert Tailoring

Department.

LEE MOW

Chinese Silk Hosiery Store

No. 1, D'Aguilar Street

DENTISTS.

HARRY FONG, Dentist,

1st floor, No. 74, Queen's Road

Tel. 21255. Central.

TANG YUK, Dentist.

Succestora to

the late SIEN TING.

16, Aguilar Street.

TERMS VERY MODERATE Consultalion Free.

ENGINEERS & SHIPBUILDERS.

W. S. DAILEY & CO. LTD.,

Kowloon Bay. New Work & Repairs. Call Flug “L” Sole Agents for Kelvin Motors.

FRUITS.

Now in season CALIFORNIA PEARMAIN APPLES Just Arrived $9.00 per box. This is the most famous apple in the Orient. Quality: Crisp, juicy. sweet and highly aromatic. Excellent keeping quality. Try a box.

WING COFFEE CO.

Tel. 25869 139, Des Voeux Road, C.

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 Solicited

A. SEK & CO.

Tel No. 23459. 26A, Des Voeux Road, C.

LITERATURE.

BOOKS for All

Bibles, Pocket Testaments, Prayer Books and Stationery. General Literature Presentation Books Children's Books a Speciality. THE BOOK & BIBLE DEPOT. Wyndham Street,

Next to King's Theatre.

Agents for.

British & Foreign Bible Society The Religious Trnet Soclety and The League of Nations' Society.

GENERAL PROVIDERS.

Just

arrived

A Finc

Selection

of

GENTLEMEN'S AUTUMN HATS.

We have also a very fine range of TIES in all the latest new Autumn colours and patterns.

WE SOLICIT A TRIAL.

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

HAIR DRESSERS.

LEE YEE,

Ladies' and Gentlemen's Hair Dressers & Booksellers.

No. 12, D'Aguilar Street. (opposite Queen's Theatre).

LIANG YOU

LADIES & GENTS'

HAIRDRESSERS.

Also

MR. ST. OUEN,

PERMANENT WAVING

ESSENTIAL TO PROGRESS.

THE CHINA MAIL.

Commerce and Finance

Sir William Larke

and Tariffs.

Not profits for the year waya. to June 30 have fallen from £68,338 to £21,086, though this latter figure is supplemented by transferring the balance of the in- veatment depreciation reserve of £6,095.

After providing $10,453 for in- come-tax balance, the board are "Progress or Poverty was the able to declare a 4 pc. dividend subject of an address given by Sir on the. Ordinary capital (against William Larke, Director of the 71⁄2 previously) by reducing the National Federation of Iron and forward balance from £106,355 to Steel Manufacturers, at a luncheon | £84,280. As against a book value of the Engineering Section of the of £354,495, the market value of Incorporated Society of British the investments at June 30 WILD Advertisers at the Halborn Res- £357,865. It has since fallen to taurant recently.

£333,505, but it is stated that from

Sir William Larke said that in the nature of the securities there Britain 28 per cent. of the popula- is reason to anticipate ́ a recovery tion were directly employed in in- in due course. dustry, apart from agriculture, as

compared with 20 per cent. in│IMPERIAL CHEMICAL DIVIDEND. Belgium and Germany, 17 per cent. In the United States, and 16

That the interim dividend of

per cent. in France. Since the 11⁄2 per actual declared by Im war an impression seemed to haveporial Chemical Industries for the persisted that industry could sup-current calendar year is only half port any burden that could be the rate of the corresponding dis placed upon it, and we had almost tribution is less important than killed the goose that laid the the fact of the payments, for it golden eggs.

was feared in some quarters that the dividend would be passed al- together.

Departure from the gold stan- dard had given an artificial atimulus to our exports and limit- led imports, but it was in no way an alternative to the adoption of In tariff policy. Tariffs were es- Rential to restore the balance of trade, though tariffs might not be the only method.

.

More important still is the in-1 dication that the necessary money has been earned. There has been no haste about the declaration, so that the review of net income for the first six months of the year has been thorough.

Аа

some scepticism about the

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION.

-

Ankkarimē Deplial umma

turned and Pally. Pald-up woman. 186,800,000 Boomer Fylki

manere #18,000,000 Matarve Elabile al Pesgélekers m 000,000,000 MHEAD OFFION: HONG KONG.

BOARD OF DIRECTORÉ)– XM XẠ 0, 0). 6. Maskis.

Hon. Mr. J. J. Pducunt, -

Dayaty Chatman.

1. K. Campton, Eve. 3. A. Flammet, Bas.

4

Mr..._301, T. X Turss, Bes Landa Lovia, Blog, T. 1. 1. BL, B J. R. Warren, Bay. “ukin. Bag

AMOT

·BANGTOK

BATAVIA

WOMBAY

DALOGUITA

Ukint Massaan.

“G. Onybara, Mon

ANOMES:——

LONDON

LYONS

MALADGA

MANILA

MGAM (Tabera.

BANTON

MUIDEN

SEXPOG

NEW XORK

COLCKBO DAIREN FOODKOW MATTEGER

PRIFIKE

KLAHO

ПРОМ JOHORE - SOR

TOWLOON

FENAXS

BAXGOOX

VAICON

RAX FRANCIBOG

KHAMOHA

SINGAPORE

NOURABATA

"

SUNORI PATAN!

TOXXO TSINGTAO ΣΟΚΟΗΑΜΑ

MALA LUMPUR.

ti

Serrana Aenensis opened in Lead Carrier 21 Pizad Daposlio recivet to oga pro smarter perioda is Loes! Curranty and Bioci

sarm which will be quoted an nyplovila. Xoay Tre 2 February, 10

HONG KONG SAVINGS BANK.

The Maddies of the shers Bask to madneb- ed by the HONG KONG AND SHANGHAI, BANKING CORPORATION.

balmed application.

FOR THE HONGKONG AND IRANOMAI BANKING CORPORATION,

V. M. GRATZUEN,

Hong Kong, 29th July, 1900,

Currency Standard. As regards the international dividend survived until the last situation. Britain should take the moment, the knowledge o The de. lead in calling an international claration stiffened the quotation conference for establishing a stan of the shares in the street but the dard of currency for international market refrains from discounting trade which might be independent the potential advantages which THE BANK OF CANTON, LTD. of fluctuation due to the state of

Chemical Imperial

Industries

the trade balances between coun-should derive from the fall in try and country. A world drifting sterling or a tariff favourable to towards bankruptcy in the midst home producers of fertilisers. of plenty was not a hopeless pro- position.

The only bankruptcy was at present of brains and cour-

age.

The world was not suffering from over-production, but from

EXCHANGES.

TO-DAY'S QUOTATIONS,

On London-

1/5

under-consumption because of mis- Bank, wire

management of the distribution of Bank, on demand... 1/5 1/16 its goods in the proper markets. Hand, 4 months' sight 1/5 3/18

to Credits. He appealed to industrialists view their commercial and indus- trial interests from Д national Documentary, 4

and combine their point of view

means and resources

to produce

an irresistible selling force in all On demand the markets of the world.

Es- Credits, sight

introductory Price $20. pecially he surged that attention On Berlin-

King's Theatre Bldg..

Ground Floor.

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 Rond Central,

SHOES.

Pair

Black or Brown Shoes from $8.00. Black or Brown Boots from $8.50. Children's Boots or Shoes from $2.00. Best styles, most complete stock of all sizes, Ropairing a speciality. WONG SIU WOON 21, Pottinger St. Phone 21474.

SPORTING GOODS.

ATHLETIC GOODS

AT

THE LIANG YOU CO.

70, Queen's Road Central

be paid to our Imperial markets, which presented a great and rich field.

VULCAN FOUNDRY.

Established 1918.

Head Oflen-Hong Kear.

Lothariond Deplia) (ILK. Quærunty) $11,000,000 P-Up Capim «INTE

PRANDIZES --

1,100,000

Camina," Fangkal, Hanley, Eraser, Bangkot. Now York and kun Fronalars.

CORSESPONDENTS

LONDON BANKKES ›----

The lord's Bank, Limited.

In all peluolpał cities of the Weil

Former stakangs and banking instanse at wory declyton benanted.

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

HEAD OFFICE: LONDON.

1

Paid-up Capital

£8,000,000

Reserve Fond

£4,000,000

Reserve Liability of Pro-

prietors

£3,000,000

ALOB BTAR

AMRITUAN

agencies and Branchen:

BANGKOK BATAVIA BONDAY CALOUTTA

CANTON DAWNPOR

OKUU

COLOMBO DAIREN

VELTI HAIPHONG HAMBURG MANZOW HARDIN HONG KONG

ILOILO

ПРОП

хови

KUOHINO

MADILAN

J

BAIGON

SEMARANG

ARBAMBAN

THE HO HONG BANK,

(Established 1917.)

LTO.

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

Authorized Capital Straits $20,000,000 Jasued Capital....:

8,000,000

Paid-up Capital

Reserve Liabilities

ᎨᎢ .

4,000,000

4,000,000

2,087,000

of Shareholders. Surplus

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

Every description of Banking and Exchange business transacted.

TAN ENG HOOL

Manager.

MANILA

MEDAN

NEW YORK

PEPING (1'king)

PENANO

RANGOON

BANQUE DE L'INDOCHINE.

HEAD OFFICE:

96, Boulevard Haussmann, PARIS.

Capital fully paid up .Fra. 120,000,000 Reserves (31.12.1980) Fra. 110,508,454

BRANCHES:

SHANGHAI BIKOLPORN SITIAWAN

BOURABAYA

ΤΑΙΡΙΝΑ TIKKIBIN

TOXXO

FARAONI

KLANO

TONGKAH (buket)

TEINGIAO

KUALA KANGBAR

TOKOHAMA

KUALA LUMPUZ

KAMBOANGA

Foreign Exchange and General

Saigon

Handl

· Indo-Chins. ' Chian.

Canton Fort-Bayard

Other Places.

Bangkok

Banking business transacted.

Battambang Hankeou Djibouti

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

J. STUART,

Manager.

Hong Kong, 17th August, 1981.

NEDERLANDSCHE HANDEL- MAATSCHAPPIJ, N.V.

(NETHERLANDS TRADIKO SOCIETY}

BANTERS.

Palabkühed 18,

Mg Kong Ofoe:—-3), Chanoi's Bond Comsest. Axkberland Capital - Culidaen 156,800,508- (432,930,206.) Pold-Up Duplai manuum Ogādes 13,000,000 Koneers Fusé : Ouilders' 66,011,006 (ELİNLĻINK

Hood

Mo—AMSTERDAM"

Hathorn Hood OmoniumBATAVIA. BRANCHES 1- Bandjarmasin, Bandowna". Boobay. Dalonia, Charthon, Djember, Fjar jakarta®, The Hague", Jokiah, Kela, LoomBlažja, Makassar, Mačan, Pačkog Palecabang, Fabiangsa, Finang. Postanek Bangaon Bordam”. Bemang Shanghai, Sibol (Sumales), Bisigapore, Bourb Bosaari (Bole), Tagsí, Zjiin{ay noỗ Walirereden",

• These ollaan kara sala depozit botes be lak. Landon Backres-Maisonial Provincial Bank Ltd. Correspondente all over the world

Beating boxinges of every description transacted. —

A. STOKKINK,

Hong Kong, 18k Angori, 1900.

THE

Mannew.

Chief Manager. AMERICAN EXPRESS. COMPANY.

ING.

Head Office: 65, Broadway, New York.

„U.S.$6,000,000 1.8.31,572,454 .U.8.$1,908,209

Bats Dapon's Boss (variona chum) si a party

4 months'

cantal a free $5 to $40.

LOOK POONG SHAN,

sight

1/64

months sight

1/6%

On Paris-

675

4 montha'

THE BANK OF CHINA. 行銀國中

745

On demand

Nom

On New York-- On demand

264 Credits, 60 days' sight 28

On Bombay.. Wire On domand

special charter of The National Goy erament a3 25

Reorganised October 28, 1928, under

Capital

Surplus

Reserves

INTERNATIONAL EXCHANGE

· BRANCHES ---

·BANK.

931/2

93

Subscribed Capital....$25,000,000,00 Paid-up Capital ......$24,710,200,00

..$ 3,820,308.8 Reserve Funda

Atalardam Anamorp

G

Glasgow

BATARE

Naples Plins

Hamborg

Parla

· Berlia

Bleri

Bomb

981⁄2

HEAD OFFICE: SHANGHAL

93%

Boscos Aire Üsire

Пато Interlaken Jarumalan 13 Loudca Idropool Zerne

60%

HONG KONG BRANCH: 4 Queen's Road Central.

Lugano

Con

Lion

Monte Darla

Mapila

Muslah

53%

Montreux

On demand

Like most other industries, the locomotive building business is

On Colcotta- passing through a period of de-

Wire pression, the severity of which On demand may be gauged by the experience On Singapore- of the Vulcan Foundry, the 67 year-old locomotive manufacturing On Manila- concern. World-wide financial chaos, the board say, coupled with shrinking rallway traffic, and un. certainty as to future types of con- struction, have produced a virtual cessation in the demand by rail-

ALEXANDER INSTITUT DE BEAUTE

Phone 25163, Pedder Building

(1st Floor)

Opposite Entrance to Hong Kong Hotel

Lustrous 01 Permanent Hair Wavee which are Large, Soft and Natural, Artistle Finger and Marcel Waves, Oil Treatment, Shampooing, Henna Pack (any colour), Hair Cutting and Mani. cure for Ladies and Gentlemen. Con- scientious, Artistic Work by European Expert, Mr. Alexander.

CHARGES MODERATE.

A VISIT WILL CONVINCE YOU.

FOR SALE.

On demand

On Shanghal- On demand Dollar

74% 12% die.

On Yokohama— On demand Sovereigns

buying rate)

.: 54 (Bank's

1/64

Silver (per oz.)

20%

Bar Silver in Hong

Kong.

Nom.

Copper Cash

Nom.

Copper, Cants

3% prem.

Rate of Native In-

torest

32% D.A. Chinese Sub. Coin .. 25%% die. Hong Kong Sub. Coln. Par.

LONDON EXCHANGES

Rugby, Yesterday,

962

Purls New York Montreal

Berlin Stockholm

Copenhagen..

Oslo

3.79

4.20%

27 3/16

19 7/16

Owing to our numerons branches in China and large connections in the im- pertant commercial centres of the world, we are able to extend to our ellents special facilities for domestis and foreign banking and exchanges.

We also handle the lane of Bonds and other Public Funds of the Chin 116 Gevarnment both at home and

abroad.

Colombo Constantinople Copenhagen Zálabergh

مداني

Pasang Faking

Palermo Botterda Home Bimbo Shanghai Beatpo Bagapor 64, Morile Tikala

Vie

Trios Karska, Zurick

Fortam GODITE

Branches of American Express

Company in Principal elties of Unit ed States of America and Canada.

1

All classes of Commercial Banking Transactions undertaken.

Personal

Manager, handled.

SHOU J, CHEN, Hong Kong, 5th March, 1981.

investment

accounta

THE YOKOHAMA SPECIE BANK, Chequer" and Letters of Credit and,

LIMITED.

Established 1880.

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

Head Office:-YOKOHAMA.

Branches and Agencies at:

Alexandria

Batavia Berlin

Nagasaki

Nagoya

Newchwang

New York

Desks

Paris

Palping

Rangoon

Brussels

Geneva Amsterdam

Milan

9 7/16 79%

16 1/16

Bombay

17 13/16

Calcutta Canton

173⁄4

17%

Changchun

Dairen

(Dalny)

Flower and Vegetable SEEDS

Vienna

28.

Prague

128

Hamburg

Helsingfors

1914

Hankow

Harbin

Indication points to a

Madrid

482

Kong

HEAVY DEMAND

Liabon

109%

for acede

Athens

315

Bucharest

68214

Rio

8 15/16

Hai Turn Karachi Kobe

London

Buenos Aires

'39

Los Angeles

Tokyo

Montovideo'

*28

Manis

Telngtan

Bombay

·1/0

1/10

Hollday

2/7-%

THIS SEASON.

To be sure of getting very variety you wish we suggest that you ORDER TO-DAY.

GRACA & CO.,

No. 10, Wyndham Street,

P..O. Box $20. Hong Kon

Shankhaf Hong Kong

Yokohama...**

Silver Spot ... 287 Silvor Forward

20%

--British Wireless Bervice."

Fongtien (Mukden) Rio de Janeiro

San Franciaco Beattie Semarang Shangha Bhimomosek

Singapore Hoarabaya Sydney Tientsin

The Company offers to intending Travellers the use of its "Trassiere in addition, the world-wide services 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

Capital and Burplus Total Resources

Gnatho

Thanh Hoa Hus

Noumea

Hongkong Mongtze Nara Dinh Peping Papeote

Prom-Penh Shanghai

Quinhon

Tonraus

Vinh

Tiontain

Pondicherry

Yunnanfoo Singapore

Every description of Banking and Exchange Business transacted.

Interent allowed on Current Accounta and Fixed Deposits according to ar- rangements.

Safe Deposit Boxes to let. Travellers' cheques issued.

A. BONNAUD,

Manager.

5, Queen's. Road Central, Franch Bank Building. Hong Kong, 1st November, 1981.

THE NATIONAL CITY BANK OF NEW YORK.

HEAD. OFFICE: 55, Wall Street,

· New York.

Capital, Surplus and

Undivided Proŝts ..U.8.$226,087,392

Brancher in para ARGENTINE LONDON

BELGIUM BRAZIL

CHILE

OHINA COLOMBIA

GUBA

DOMINICAN

REPUBLIC

INDIA

ITALY JAPAN

MEXICO

PANAMA PERU PHILIPPINE

ISLANDS PORTO RICO STRAITS

SETTLEMENTS GRUGUAY VENEZUELA

Commercial and Travellers' Letters

of Credit, Travellers Chequna, Bills of Exchange and Cable Transferu bought and sold. Current accounta 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 Bpain and also of The National City Bank of New York (France), By In Paris and Nica

F. M.D. COURTNEY,

Manager. Hong Kong, June 16, 1981.

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

HEAD OFFICE:-Taipeh, FormHOGS.

Incorporated by Special Imperial Charter, 1899,,

· Garden! Bank in Forsaak. Bank-Notae Mared ärengs amount w/T02, 48,308,000 BRANCHES AND AGEROLES 1 JAPAN Tokyo, Yollama, Zebs, Ossics. FORMOSA Mubea, Kagli Karak Kondang. Makong, Nazio, Shinakiku, Taichm, Talmany Takso, Tampul, Tan, Kallo, Talla, CHINA (=dhanghal, Hankowy: Amoy, Foochow

Bestow, Chalon,

OTHERS-Bg Long, Bagapors. Someshaya,

Bataria, Bombay,

London, New York Dairen. KAAR

ZONDON BANKEES:

The London County Wasimlorier sol Parr's Bask The Bank Correspondents in all ike prinolysi Coumarola Ceziens throughout the world.

K. MAGURA.

Manager.

EONG KONG BRANCH:

3,226. Vanaz Boud Gautend. Long Toog 19th Jannwry, 1839.

LTD.

over. H.$ 8,000,000.00 over HL$30,000,000.60

Interent allowed on Current do counts.

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

H. MORI,

Manager. Hong Kong, 11th Beġtember, 1981.

BANK OF EAST ASIA,

Established 1918.

HEAD' OFFICE:

10, Des Voeux Road, Central. HONG KONG.

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.

༧ སྒ་༔

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