1931-12-31 — Page 11

THURSDAY, DECEMBER 31, 1931.

BUSINESS DIRECTORY

ATTRACTIVE TAILORING

The Latest in.

Gentlemen's

• "Outfitting AT PRICES TO BULT AVÝ, PURSE.

PERFECT FIT

AND

RELI HLE SUITINGS.

WING HING CO.

Gentlemen's

Outfitters

64, Queen's Rd. C.

Tel. 21417..

Very Nice Woollen Materials.

For

Making Ladies'

DRESSES -

&

OVERCOATS

Ala

FURS &

SILK

HOSIERY

Expert Thring

Department.

LEE MOW

Chinese Silk Huslery Story”

guilar Street

DENTISTS.

FONG, Dentist,

No. 74, Queen's Road

entral. Tel. 21255.

G YUK, Dentist.

Successors to

late SIEN TING.

D'Aguilar Street.

S VERY MODERATE Consultation Free.

ENGINERS & SHIPBUILDERS

W. S. BAILEY & CO., LTD.,

Kowloon Bay, New Work & Repairs. Call Flag "L" Sole Agents for Kelvin Motors.

FRUITS.

Now in season

CALIFORNIA PEARMAIN APPLES

Just Arrived $9.00 per bor

HAIR DRESSERS.

LEE YEE,

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

*

LIANG-YOU

LADIES' & GENTS"

HAIRDRESSERS,

Also

MR. ST. QUEN,

PERMANENT WAVING

THE CHINA

MAIL

Commerce and Finance

THE ABNORMAL COMPETITION

FOR GOLD

SILVER'S VANISHED PURCHASING POWER.

By COLIN D. BRODIE

(Secretary, Sterling Society, 14 and 15, Royal Exchange.)

During the past two and a half) which is the vanished purchasing. years there has been an abnormal power of half the world's popula- competition for the world's exist-tion.

introductory Price $20.ing supplies of gold, and coincid. The price of silver is therefore a

King's Theatre "Bldg.,

Ground Floor.

Tel. 20315.

ON LOK "HAIR DRESSING SALOON FOR LADIES & GENTLEMEN Is fitted with the latest devices for use in hair dressing. Expert Barbers.

CLEAN & COMFORTABLE 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

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION.

Andrefned Captial

Fully Paid-up

Beer Fonda

• Sampling € 5,000 Hilar

$10,000,ong

30,000,000

Rowery Liablility of Proprietors $3,800,000

`HEAD OPPICE: HONG KONG,

BOARD OF DIRECTORS—

Bon, MT, C. a. . Xario. Chaleman.

Hon. X J. J. Pularson, C

Deputy, Chairman,

4. H. Compton, Esq.

a. Il. Bell, Eq.

1). Minkla. Eng..

1. F. Ferrer.

q.

ANDY

BANGKOK

BATAVIA BOMBAY CALCUTTA CANTON

J. A. Plummer, Eng.

T. 15. R. Rhem. Eng.

J. F. Warren, Esq.

Chief Manager,

. . Grastum, Baq.

pripade the dang

DRANCUES -

איאואנגו

LYONS

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

Incorporated by Royal Charter, 1858.

HEAD OFFICE LONDON,

Paid-up Capita!*

Reserve Fund

£3 000,000 £4,000,000

Reserve Liability of Pro-

prietors

£3,000,000

ALOR. BAN

ANDAN

Agencies and Branchen:

BNC DK MATAVIA BOMBAY CALCUTTA CANTON CAWSPORE СЕВО COLONDO

XUONING

HADKAN

MANILA: MEDAS

NEW YORK:

PEPING (Fallag)

PENAND

BANGOOS

THE HO HONG BANK,

(Established 1911.)

READ OFFICE:-SINGAPORE, Hong. Kogg Branch; 15,'Queen's Rd, C. Authorised Capital Struita $20,000,000 Essued Capital Paid-up Capital

TEPRATUR.

Liabilities

of Shareholders.

Sorplas

8.000.000

4,000,000

4,000,000

2,887,000

Branches. Agencies and CorreADOD- dents to the principal cities of the world.

Every description of Banking Exchange, business transacted,

TAN ENG BOOL.

·Manager.'

BANQUE DE L'INDOCHINE.

HEAD OFFICE: 96, Boulevard Nszgsmean, PARIS

"anigal fully paid up .Fra, 120,000,000 Reserves (31.12.1930). Fr, 116,568,454 BRANCHES

RAIOD.

DAIREN.. DELHI

REMARANG

BERENBAN

HAMBURG

HANKOW

HARDIN

MILAKTINAL KINOMRE NITIAWAN ROCHABAYA

MALANCA

HOND ROXO

TAIPING

TATTO

MANILA

TIENTRIN

TOI

TOKYO

HUA Jobore)

KARACIU

TONGRAM (Dhaket)

MUKDEN

"KLANG

TSINNTAN

Indo-China, China

Other Places.

KONK

NEW YORK

YOGIAMA

Saigon

TEIPINO

FINITIOW

BANGDON

General

Cantho

Battambang

Canton Fort-Bayard

Bangkok

FABIJONG

SAIGON

FLAMBURG

PAN FRANCISCO:

HANKOW HARDAN

SHANGHAI

RINGAPORE

Thanh Hoa

Haiphong Hankeou Hanoi

Djibouti

Hongkong

ROUBANYA

Bongtze

Noumea

SUNGEI PATANI

TIENTHIN

Papeete

TORTO

Pondichert

CHEFO

COLONNO DAIREN

HINDREW CLAMIAJ TROLL JOHORE

KINE

ROWLOON

·KUALA LUMPCH

PENANG

TNIKUTAD YOKOHAMA

Current Arunte opened in Laval Currency and Fixed Depaalta resized for one year o shorter periods in Loegl Currency and Seling arm which will be quoted on application. Hong Kong, Davensbay 7, 1968,

The B-te of the shore Bank in conducted by the HONG KONG AND RHANGHAI DANK-

application. ING CORPORATION. Bales may be obtained

POR TUR HONGKONG AND RHANGTIAL DANKING CORPORATION,

Y, M. OBAYBURN,

Chief Hasagor.

ing with this an abnormal and matter of vital interest to Great purely artificial depreciation in the Britain with her rapidly vanishing price of silver. By sales and de export trade. With the accumu- Imonetisation of ailver extending lated silver savings of the peoples over a long period of years the of India and China rendered worth- more advanced countries have de-less, is it small wonder that Lan- prived the teeming millions of As a cashire is being permanently crip of their capacity to buy those goods pled and our unemployed mount at that Europe and America are crav-the rate of 28,000 per week? In Ing to sell. The truth must be re-the field of labour we are witness-] cagnised that to-day one-half of ing a new verification of Gresham's the world, is too poor to buy what Law, and a tremendous blow li the other half has to sell. The being aimed at the European and ilver-using workers absolutely re- American workman's standard of fuse to put up three days' pay for living. For twelve months 1,have an article of British manufacture carefully followed the silver ques- that 2 years ago could be pur-tion and interviewed or correspond- chased for one day's labour. The ed with many of our leading indus- Western countries and latterly the trialists and bankers. Not one of Indian Government, in their scram them has expressed to me the the HONG KONG SAYINGS BANK. ble to rid themselves of "the poor that the silver question is hopeless man's money," have forced our and could not be tackled; they all previous great customers to turn agree that there should be an im- into impoverished manufacturers. modiate cessation of silver sales The inevitable result of this selfish by the Indián Government and and insane monetary polcy is that purification of our currency, which we can buy cheap Persian carpets, a Its present composition is brass. Pair. but she can buy next to nothing It is my emphatic view that we in return from us. Note the point should stop hammering silver down we cannot export Or let us in price and immediately stop our take the case of China with her policy of boycotting it as gurrency, 450,000,000 of people. She is turn- If we do not recognise the "poor Ing manufacturers and cotton man's money" the consequences operatives are working in the will be too terrible for serious con- Shanghai mills at wages that vary templation. Bismarck's fatal ac- from 3s. Gd. to 58. per week.tion in 1873 will in time be regard- Meanwhile, Lancashire perishes ed as only a passing phase of the and we exert all our power to force world's monetary history and a race of 150,000,000 to turn into something very much shorter lived an industrial empire. Our present han the centuries-old relation of industrial plight is bad enough, but silver as the time-honoured partition. dare the white races contemplate fer of gold. It can only be a mat- what straits they will be reducedter of a comparatively few short to if they try and continue an in-weeks before Labour, both here and dustrial fight against a race whose in th United States and Germany, standarde of living are measured vl realise the implication of in terms of bowls of rice to which Whitehall's action in repudiating we have added the weapon of cheap ind depreciating silver. A reversal money? Although tariffa and official action will then come taxation may enable us to tide over Financial Times.

Black or Brown Shoes from 16,00 Black or Brown'} Hoots from $8.00. Chidren's Boots or Rides from $2.00.

Best styles, most complete stock of all sizes. Repairing a speciality. WONG SIU WOON 21, Pottinger SL. ... Phone 21474.

SPORTING GOODS.

ATHLETIC GOODS

AT

This is the most famous apple in THE LIANG YOU CO. a very difficult period, they do not

the Oriont Quality: Crisp, juicy, sweet and

highly aromatic. Excellent keeping quality. Try a

box.

WING COFFEE CO.

Tel. 25869 139, Des Voeux Road, C.

FOR SALE.

COLLECTION OF POSTAGE

STAMPS.

70,' Queen's Road Central.

TYPEWRITER DEALERS

strike at the root of the matter.

N

Mounted in Banks containing Both Miot and Used Stamps.

R

G

1,000 Stamps, All Different for $8

HOP SING & CO.

For Quality. Economy and Purity,

DRINK

11,500

do.

18

28, Pottinger SL

Tel. 21420

12,000

do

30

$3000

de.

50

$4,000

do.

75

5,000

do.

100

10.000

do..

500

CANTON-116, Son Kee Sai Rd.

FULL SATISFACTION

GUARANTEED.

GRACA & CO.

Dealers in Philt-le-Goods, Pictorial Postcards,

Garden Sords, Toys, &c.

No. 10, WYNDHAM STREET,

2.O. Box No. 620, X HONG KONG.

RELIABLE PRINTING

no order too small "

THE NEWSPAPER ENTERPRISE LTD. ANNA MAIL BLDG. BA WYNDHAN ST.

WATCH FOR THE OCEAN LINER

"TRANSATLANTIC"

EDMUND LOWE

and

LOIS MORAN

BON BOARD

Passing Through

Hong Kong Pilofed by Cap

STILCO

Agenti

DARK

COUNTRY

ALE.

H. RUTTONJEE & SON.

ALEXANDER INSTITUT DE BEAUTE

Phone: 25189 Pedder Building Wy/X1st Floor)?

Opposite Entrance, to *Hong Kong Hotel

Cestrous Oll Permann fich are Large, Stilstle Finger End

Berlin, December 21.

Hong Kong. 10th July, 1980,

THE BANK OF CANTON, LTD.

Established 1912

Head Office:-Hong Kong. Authorised Captial (17.R. Currency)...4|1,000,000 Paid-Up Capital Berto Fundo pamestu 1.100,000

PLAGE NO

BRANCHE- Canton, Bhanchal. Hankow, Ruelow, Bangkok. Now York and Baw Franche.

· LONDON BANKRA:~~~ The Lloyd's Bank. Tämitad. CORBERTINDENTA

In all prioripal silles of the World Poral range and banking buise of Auto Deport Tax (warim vixeo) at a yearly entel at from $50

LOOK POONG SHAN,

Chief Manager.

THE BANK OF CHINA.

行銀國中

The capital of the God Discount Subscribed -Capital

KUALA KANGSAR ZA BOANDA

KUALA LUMPUR

Foreign Exchange

and

Banking business transacted,

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. August 17, 1981.

NEDERLANDSCHE HANDEL- MAATSCHAPPIJ, M.V. (NETHERLANDS TRADING BOCIETY) BASKEGA

Extbild 1894. Hong Kong for 2---11. Queen's Road Central Authorised Captiat .......................... Quilders 130,000,000 Paid-Up Capital Onliders 80,000,000- Raser Funda Oulden 10,813,000

1 Off-AMSTERDAM”,- Eastern Head Office:-BATAVIA. Branches--Bandjermmala, Bandoung

Bombay, Calenta Chertbon. Djember, Brok jakarta, The Hugot", "Fiddah, Kriče, Wakamer. Medan Palembang. Pula- Long P. Rangoon, flottardem, Kamarang Shanghal, Birupos. Horm bin, Mourakarta (Nola)," Tegni, Tillatfap and Welterweden".

• The ottoms bars Bala Depoal-Bois Let

LONDON BANERAS :—

NATIONAL PROVINCIAL BANK LTD, Corespondents all tree tha world, Banking Bush Home of every description, transacing

A. STORKINE Rong Kong. Ist Becember, 1981,

THE

Mange

AMERICAN EXPRESS COMPANY, INC.

Head Office:55, Broadway, New York.

.U.S.$8,000,000* .U.S.$1,572,454/ U.S.$1,908,200

GOLD DISCOUNT BANK'S CAPITAL

Reorganised October 26. 1928, under special charter of The National Gov- ernment as an

Capital

*Surplus

Reserves

INTERNATIONAL EXCHANGE

BANK.

BRANCHES:

.....$25,000,000.00 .$24,710,200.00

Amsterda

Antwerp

Danos Blacow

Athens

Tiaras

Benda

,$ 3,820,508.82

Hachburg

Naple Pisest Paris

Berlin

Blarrita

Boats bag

Harro Zoriket

·JerunJess

Fuking.

Falerno

Bremse

Brewste

Like London

Sittarda

Bome

Bucs Alent

Catré

Liverpool! Escorte

Calcula

Legio

Canned

Colombo

| Bank, a subsidiary of the Kelens. Pald-Up Capital ank, WAS to-day fixed at Reserve Funde UU,V00,000 marks at a special; board meeting with Dr. Luther, tae

HEAD OFFICE: BHANCHAL Governor of the Keichsbank, in thê chair.

The bank's capital had original-

HONG KONG BRANCH:

4, Queen's Road Central,

y been subscribed in pound sterling to our numerous branches in .ng,, to runder it independent of China and large connections in the funy fluctuations in the German Important commercial contres be the currency. That the mark could work, we are able to extend to our

clients, special facilities for domesti over survive the pound sterling nad and foreign banking and exchanges. Lever even occurred to the We also handle the issue of Bonds Lounders of the bank which is no and other Public Funds of the Chin public institute, but is chiefly con Government both at home and cerned with reparation payment

SHOU J. CHEN,

.ransactions. Ita original capital

abroad

Manager,

nad been 10,000,000 pound sterling Hong Kong, 6th March, 1981. which were converted at gold party,

an according to an official an

nouncement, the capital was not THE YOKOHAMA SPECIE BANK, appreciably, affected by the depre cation in the pound sterling Transocean Kuomin

LLOYD'S CHAIRMAN.

Sir Percy Mackinnon's Fourth

Election.

LIMITED.

Established 1880.

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

Reserve Fund

Head Office-YOKOHAMA.

Branches and Agencies: ats

Nagnarki Nagoya Newchwang New York

Sir Percy Graham Mackinnon Alexandria has been elected chaiman of Lloyd's Betavis or 1982, and Mr. A. W. Street, the Jombay

Berlin present deputy chairman, has been Calepita re-elected for another year. Canton

This is the fourth time Bir Peres Daired (Dalny)

Changchun Mackinnon has been elected chair

ination: (Mukden) man of Lloyd's. Recently Jambarg

ortrait painted by Bir Rober

wellyn, P.R:A

Iankow

Kong

Pelpin Rea

Rio de Janeiro San Francisco

Lako Marsellies

Constantinople Honte Carlo

Copenbare Mantis

Edinburgh

Florence danova

Xontour

Shanghal Southampton Bingapor Bt. Morits .... Tierlain

Vanios

Yokotu

'. 'Zurich

Branches of American Express Com pany in Principal elties of United States of America and Canada.

Hue

Yam-Dinh Paping Pam-Penh Shanghai Quinhon

Tourane Tientsin

Vinh

Yunnanfoo Singapore

Every description of Banking and Exchange Business transacted

interest allowed on Current Accounts and Fixed Deposits according ta

angements.

Safe Deposit Boxes to let Travellers' cheques lasped.

A. BONNAUD,

Manager.

5, Queen's Road Central French Bank Building, Hong Kong, tal November, 1931.

THE NATIONAL CITY BANK OF NEW YORK.

HEAD OFFICE: 55, Wall Street, NEW YORK.

Capital, Barplus and

Undivided Profits:U.S.$226,087,892

Branches in

ARGENTINE

BELGIUM

BRAZIL CHILE

CHINA

COLOMBIA CUBA

DOMINICAN

REPUBLIC

INDIA ITALY

JAPAN

of

LONDON

MEXICO PANAMA PERU PHILIPPINE ISLANDS PORTO RICO STRAITS

SETTLEMENTS URUGUAY? VENEZUELA

Commercial and Travellers' Letters Credits, Travellers' Cheques, Bills of Exchange and Cable Trankfers bought, and sold. Current accounts. and Savings Bank accounts opened and Fixed Deposits in local and for eign currencies taken at: paten that. may be ascertained on application the Bank

We are also able to offer our Cus tomers the services of the Branches of the International Banking Cor poration in San Francisco, and Spain and also of The National City Bank of New York (France), B.A., in Faria and Nica

F.D. COURTNEY,

A Manager, Hong Kong, June 18, 1981-

THE BANK OF TAIWAN, LTD. (TAIWAN GINKO;) HEAD OFFICE:-Taipeh, Formosa. Incorporated by Speciál Imperial Charter, 1899.

"Central Buick de Formosa-... Bank-Holes Imped ́à tainga, kmodis, $5,000,000 BRANCHES AND AGENCIES

All classes of Commercial Banking JAPAN-Teyio, Tokohama: Kate, Chaka, Transactions undertaken,

Personal investment handled.

accounts

The Company offers to intending Travellers the use of its Travellers Cheques" and Letters of Credit and in addition, the world-wide services of its thoroughly equipped Travel Department:

E. W. DUGGAN,

Manager.

PORMOSA DOİrany -- Hapka, Kasiske Xaluag, Makong, Banto, Skinekiko, Talhe, Frijas, Taka Tamas, Tow, Halla Tallo.. UZÍTRA imkangha Kiankow, Amoy. Folobos,

Bwawanion

Bormlara,

OTHIRRS & HON Kong. ^ "Blagapões,

* Sarirunga, Batavia, Bombay, London, New.

Yook, DA

** Barolays Bank, Ltd, Lloyds Bank, Ltd

Midland Bank, Lady Westlastyr Bank, "Lid;

all the principa

Commercial Content - Heiushou

How Toro. H

Hong, Long Disamber H., 18). –

THE BANK OF EAST

Established 1912 HEAD OFFICES

ASIA LTD