1932-01-08 — Page 2

BANKS

HONG KONG AND SHANGHAI` BANKING CORPORATION.

Arikosland Caplied

Ived and Felly Paid-up 30,000,000 Boomero Penda

Br

Вінни

Swerve Liability of Propelatoes 920,000,000 HEAD OFFICES HONG KONG,

BOARD OF DIRECTORS 1—

Blon. Mr. C. O. 8. Mackie,

Hon. Mr. J. J. Paterson. Deputy Chairman.

5. A. Mummune, Kaq.

T. II. B. Shaw, Kag.

̧W, EL, Hall, Beaq; ・・

· A. El. Chimplos, Zaq.

6. Ma, Eq.

I. P. Warme, ·Baq.

7. B. Peros, Esq.

Ita MOKOK BATAVIA

EKIMBLY

CALCUTTA

CLYTOY.

CHBPOS

QULDYBO

BARRY PENCILOW SAIMIONG

HAMBURG

HAYKOW

HARBIN

BONGKAR

STANLO

10%

SLORA

KOER

KOMLADY

Ohiol Hangout,

V. M. Draybero. Reg.

FRANCHIFA-

LONDON

KUALA LUMPUR

LYORM

МАКДОСА

MANILA

MUAR (Jobs)

KYKDEN

NEW YORK

VEIPINO

PENANG BANUDON

BAIDON

SAN FRANCISCU

BRIANDIAL

SINGAPORE

BOUGABYA

SUNGEI PATANI

TIENTSIN

TOKYO

THÌNOTA0 YOKOHAMA

Or Annie opened in Local Currency and Fixed Deposita rerelted for one your or aborie poriola" in Local Currency and Sterling an lereni which will be quoted se application. Hong Kong. Deceber 7, 1971.

HONG KONG SAVINGS BANK.

The places of the shorn Bank la condictad by the HONO KONG AND SHANGHAI NA NI- ING CORPORATION., Bales may be obtadsed on application.

PUT THE VOSARONG AND SHANGHAI HANKING CORPORATION.

V. M. GRAYBURN,

Chief Mage.

Hong Kong, 15th July, 1986.

THE BANK OF CANTON, LTD.

Established 1912,

Head Office:-Hong Kong.

Authorised Capital (ST.K. Currency). ...811.208.200 Pold-d's Capital .......................................... B

BRANCHES :--

Beware Fund

1,100,000

Canton, Bhanghai. Hoakow. Bwalow, Bunge, New York and Ba Prancisco,

LONDON BANKERS:--

The Lad's 'Bank, Limited. CHEZEAFONDANTS

In all principai dition of the World.

Parle Exchange and banking busines D

-etary Sewwlytics transacted.

Bala Depanit Downs (various alvos) as a gently

LOOK POONG SHAN,

Chief Manager. I

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

Incorporated by Royal Charter, 1855

THE

CHINA

MAIL.

THE HO HONG BANK, LTD.

''(Baishlished 1917.)

HEAD OFFICE SINGAPORE. Hong Kong Branch: 13, Queen's Rd. (

Authorized Capital Straits $20,000.00 Troued Capital

Paid-up Capital

8,000.000

4,000,00

Reserve Liabilities

HEAD OFFICE: LONDON.

of Shareholders. Surplus

4,000.00

2,687.00:

Paid-up Capital

Reserve Fund

.£3,000,000 .£4,000,000

Reserve Liability of Pro-

Branches, Agencies and CorrespoD lente in the principal cities of ch world.

prietors

.£3,000,000

Agencion and Branches:

ALOE BAR

KUCHING

MADBAS

MANILA

ANDITHAR UANOROZ ΒΑΤΑΝΙΑ DOMBAY CALCUTTA CANTON CAWNPORE CEBU DOTAMBO DAIREN

NEDAN

NEW YORK

PRFING (Peking)

PKNANO

RANGOON BATCOX BEMARAKO REBEMBAN HASOHAI RINGPORE RETIAWAN

DELUR

HAIPONG

Hanna

HANKOW

HARBIN

BOURABAYA

KONO KOND

TAIPING

TIENTSIS

TORYA

KARACHI

KLANO

TONGKAR (Bhɛkec) TRINITAD

KUALA KANGSAR

YOKOHAMA ZAMBOANGA

ULOILO

TETHER

KOKE

KUALA LUMPUR

Foreign Exchange and General Banking business transacted.

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

J. STUART.

Manager. Hong Kong, August 17, 1981.

NEDERLANDSCHE ·HANDEL- MAATSCHAPPIJ, N.V.

(NETHERLANDS TRADING SOCIETY)

BANKENA.

Established 1894, -

Hong Kong Offon (-1), Queen's Road Contra

Authorland Capital ... Ouilder 186,000,000. Paid-Up Capital woman Guilders 80,500,000. Roserra Fund

Guliders 40,018,000-

land Omoo:-AHSTERDAM*. Eastern Hond OMD®-BATAVIA. Brusches:-Brodjorstuale. Deadoang", Bombay, Calcatia Charbon, Djember, Dick. jakarta", The Hague", "didiah, Kobe, Makassar, Medan, Palemba Na longan, Penning. Rangoon, Butarders", Bemerang". Shanghai. Alagapoer. Sterk. bain, Roerakarta (Sola), Tegal, Tjilatjap sad Saltereden.

• These ooo bave Sala Deposit Bonus to Let.

LONDON DANKERS:-

NATIONAL PROVINCIAL BANK LTD,

Correspondante ali over the world,' Banking Busl- dom of sety description transacted,

A. STOKZINK,

Hong Kong, bi Dorambar, 2011,

THE

Every description of Banking an Exchange business transacted.

TAN ENG HOOL.

Manage

BANQUE DE L'INDOCHINE.

HEAD OFFICE:

94, Boulevard Haussmann,

PARIS.

Capital fully paid up .Fre. 120,000,001 | Reserves (31.13.1980) Frs. 116,568,454 |

BRANCHES:

Indo-Chias. China. Other Places Salgon

Canton Battambang

Bangkok Cautho Fort-Bayard Haiphong Hankeou Djibouti Hanol

Hongkong

Noumea Mongtze

Papeete Poping Shanghal

Pondicheri Tientsin Yunnanfou Singapore

Thanh Hoa

Lue

Sam-Dinh

Prom-Penh

Quinhon

Tourane Vinh

Every description of Banking and Exchange Business transacted.

Interest allowed on Current Account

Safe Deposit Boxes to let. Travellers" cheques issued,

FRIDAY, JANUARY 8, 1932.

This rapid survey of trade pro-

spects in the East points to an early

Commerce and Finance

OPPORTUNITIES FOR

BRITISH TRADERS

THE NEW £ MEANS

NEW MARKETS IN THE EAST.

By SIR HENRY DOBBS

High Commissioner for Irak, 1923-1929

The writer of this authoritative article, whose ocial experi ence of the East is exceptionally wide, here analyses the outlook for British export trade. He indicates the opportunities (resulting from the fall in the £) in India, China and the Near East, of which our merchants must take immediate advantage in order to redress our balance of trade.

many years,

ALEXANDER

should last for so long as our prin- and cipal rivals cling to the Gold Stan- INSTITUT dard, as they have proclaimed their DE BEAUTE Intention of doing, and for so long

as the pound does not of its own motion climb to inconvenlant

heights.

Phone 25169.

Pedder Building (tal Flour) Upposite Entrance to

Incidentally it must not be for Hong Kong Hotel gotten that in this examination of Eastem trade the situation in fre- which are Large, Soft and Natural, Lustrous Oil Permanent Hair Wares land, Australla, the West Indies and Artistle Finger and Marcel Waves, Oll the African colonies has, of course, Freatment, Shampooing, Henna Pack not been included. They also fex- any colour), Hair Cutting and Mani- cept South Africa) are off the Gold cientious, Artistic Work by European ure for Ladies and Gentlemen. Con- Standard, and can supply us with apert, Mr. Alexander, unlimited food and raw products at unchanged prices, while Canada is in nearly off the Gold Standard that her wheat. need rise "In terths of sterling only to wimal autent. ·

MR. MONTAGU NORMAN.

Now that Mr. Montagu Norman has been elected for a further year to the Bank Governorship (after a

CHARGES MODERATE. A VISIT WILL CONVINCE YOU.

WATER RETURN. All the Reservoirs on Island Below Level.

The level and storage of water in

great deal of chatter about likely the reservoirs on December 1, 1981, successors) stern adherence by the were as under: Bank to the theoretical view is to be expected. Mr. Norman can only

In the published evidence Mr. Norman admitted that in his view international considerations were

City and Hill Dirlet

1930 1931 16' 8"B 1011"B

29' 8"

23' 9"B

' 1"

70"B 12' 3"B 14' 3"

0 18

18" 8′′B

9"B.

9' 6"3 13' 3"B

Aberdeen Lower How": A. denotes "Above Overflow Note: B. denutes "Below Over L. donotes "Level with Overflow.")

Storage in millions and decimals of gallons.

1930

Tytam

1031

281.12

1.28

308.81 1.22

195.43 195.43

So long as we do not precipitate, cumulated In London several mil have modified his opinions even Tytam ly stabilise the pound at an unduly lion pounds, which she intended to during 1931 to

a certain degree. Tytam Intermediate.

Tytam Byowash high level, the prospects for Bri use as a backing for her new car. What he thought in 1930 ie nowytam Tuk tish trade in the East are exceeding renty. She obtained this amount revealed much more clearly than Wong Nel Chung ly bright.

by placing on deposit in London before through the publication of Pokfulam With tariffs so managed as not the large annual payments, averag- the evidence heard by the Macmil Aberdeen Upper to exclude the food and raw material ing nearly £1,500,000, which she re- lan Committee on Finance and 'In- which we need, and which are pro-elves from the Anglo-Peraian Oil dustry issued in two volumes of duced by our Dominions and depen- Company as her share of their pro- 50 large pages cach, and Fixed Deposits according to ardencies, while keeping out the manu fits. rangements.

factures of our rivals, such an ex- In a hight Persia has seen this pansion of trade should now open painfully-saved sum diminished by before us as we have not seen for over 20 per cent. through the fall of the most important for determina- Tytam Byewash

the pound. The blow to our re-tion of Bank rate. He conceded Tytam Intermediate In India, the advantages of our putation in Persia has been very that the nearer interests of indus- Tytam Tuk “going off gold," both to Great Bri-serious, and it is bound to have try were at most a secondary con- Weng Ne! Chung tain and India, should be enormous a bad effect on our, trade, already aideration, and was indeed at least Aberdeen Upper

Pokfulum and reciprocal With the recent sadly hampered by the Persian Gov-doubtful whether they ought nor Aberdeen Lower expansion of irrigation, India can ernment's import restrictions. mally to be a consideration at all.

Mr. Keynes, cross-questioning him, Total Irak and Gold.

got little sign of any attention Consumption of water in the City Irak was on the point of under being given to indices such as un- and Hill District in millions and de manganese, jute, and tea, and with taking a similar currency change, employment figures, which in the of November, 1931,

cimals of gallons during the month notes now view of one school should be quite a very large proportion of the The rupees and rupee

current theie hides, loather, and oil-aceda which

were to be

1930 as closely watched as gold move Consumption

1931 she requires.

and sterling called In

298.56 pur ments for the determination of the Estimated population 448,040 381,500 253.208 chased therewith AR Д beck-

currency programme. Mr. Nor Consumption

head per day... 22.0 30.9

A. BONNAUD,

Manager

5. Queen's Road Central, French 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 Profita

Branches in:-

LONDON

Manger.

ARGENTINE BELGIUM BRAZIL CHILE CHINA

COLOMBIA CUBA DOMINICAN REPUBLIC INDIA JAPAN

AMERICAN EXPRESS COMPANY. ITALY

INC.

THE BANK OF CHINA.

行銀國中

Head Olice:-65, Broadway, New York.

Reorganised October 28, 1928, under

Capital

special charter of The National Gov-

ernment be an

Surplus

Reserves

INTERNATIONAL EXCHANGE

BANK.

Subscribed Capital

$25,000,000.00

Amsterdam Основ

Pald-Up Capital

$24,710,200.00

Aalwery Athens

Eeserve Funds,

3,820,503.82

HEAD OFFICE; Shanghal

HONG KONG BRANCH: Queen's Road Central

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

We also handle the issue of Bonds

Berlia Biarritz Bombay

Dru Ekspos Aires

Catro

Calcutta

.U.S.$6,000,000 . U.9.$1,572,484 .U.S.$1,008,209

BRANCHES:-

Olegor Ilavans Hamburg

Harro Interlaken

Lala

Loudon Liverpool Luverne Lugano Cantas

Lair Colore bo

Marseille Constantinopla fonte Carlo

Copenhages Feinburgt

Ganav

Manila Munich Montroux

Milan

Nico

Napit

1 Pula

Teng I'vkling J'akerino Rotterdam

Latte

Stamboul Bungal Bouthampton Kiugupons St. Albrit Tleutelg

Vieope Veulon Yokohama Zurich

Branches of American Express Com- and other Publie Funds of the Chin-pany in Principal cities of United

ese Government both at home and States of America and Canada.

abroad.

SHOU J. CHEN.'

Manager.

Hong Kong, 5th March, 1981,

..U.S.$226,037,302

MEXICO

PANAMA PERU PHILIPPINE ISLANDS

PORTO RICO

STRAITS

|

now provide Great Britain in normal years with half the amount of wheat and flour, with all the rice.

India and the Boycott.

1,260.00 1,135.78

14.44

15.17 80.58' 37.32 128.04. 34.41

******* 1,752.79 1,845.85

per

41.80

million

gallons

Hitherto India has had to competeng to A new currency. Irak man's chief concern has been for Includes In the supply of these articles with has been saved from misfortune by the rehabilitation of Europe and from Mainland. other countries; but now the fact delay, and the best that she can now for the long and sure benefits which that she is linked with sterling will do is to stay for a time. on a rupee he anticipated for all the interests from Mainland

Includes 75.88 million gallona diminish that competition in so far basis and enjoy the fruits of the fall of Britain from a success in that throughout the City, Eat & He as the French, Dutch, Italian. of the pound and the linked rupee. aphere. So writes the Financial Lovel districts during the whole month Supply which encourage her exports of

dependencies are concerned, since of wheat, barley, hides and dates.

British exports to Irak of cotton

сад

remain

produce

to tied

gold

*"Advertising is an

'overhead,'

November, 1980. Constant

West of Eastern Street where con- atant street fountain supply

was

November, 1981. Constant Bupply throughout the City, Hill & High Level Districts during the whole

month.

་་་་་

they all SETTLEMENTS and

less cheap-goods, hardware and the like wi ADVERTISING IS AN 'OVERHEAD oparated from Novembar 8 to 30, 1930, URUGUAY VENEZUELA ly than India. The elimina- tably expand through the elimina-

tion of the competition ortion of the competition of the Gold Mr. Buchanan Taylor's Aphorisms Commercial and Travellers' Letters Java tea will be especially im Standard countries, Italy and Japan. of Credits, Travellers Cheques, Bills portant for her and for the Bri- They have recently carried all be- of Exchange and Cable Transfers bought and sold Current accounts tish companies owning Indian fore them in Irak. Her Govern- and must be considered seriously

ment may, however, suffer, to some as such. It is just as much an Kowloon Main and Savings Bank accounts opened plantations. and Fixed Deposits in local and In return the immense popola extent, because the large sterling overhead' as are the plant, ac- Kowloon Byewash

for- eign currencies

taken at rates that tion of India will now buy from annual payment made to her by the countancy department, and the may be ascertained on application to the Bank

Great Britain more cheaply than Irak Petroleum Company, under the electric light bill."

This definition was given by We are also able to offer our Cus-from America, Japan, Germany, recent agreement for the amend- tomers the services of the Branches France, Italy, and Belgium the cot-ment of their concession, has lost Mr. W. Buchanan Taylor, public- of the International Banking Cor-ton and cloth gonds, machinery, a quarter of its value in dollars, ty manager of Messrs. Lyons, in poration in San Francisco and Spain motor-cars, and hardware

ди address to the with liras or franca. For the purpose and also of The National City Bank;

and Nice.

Advertising

"Too many advertisers," he con-

of New York (France), S.A., in Paris which they (and especially Ameri- of internal expenditure this will Club of Birmingham.

ca, Germany, and Japan) have re. not affect Irak for so long as she F. McD. COURTNEY, cently flooded India to the detriment atays on a rupee basis; and it will tinued, "look upon advertising as

Manager of British trade.

a thing to blame if sales do not Hong Kong, June 16, 1931.

increase and a thing to forget to appreciate if sales improve.”

THE BANK OF TAIWAN, LTD.

(TAIWAN GINKO.)

HEAD OFFICE: Taipeh, Formosa. Incorporated by Special Imperial Charter, 1899.

of the

encourage her to make her Govern- The Indian political tendency to ment purchases in Great Britain. boycott British goods will hardly Fortunately for her, I insisted, stand against a 20 per cent. reduc when High Commissioner, that the tion in their price, while the greater royalty upon the all produced with- prosperity brought to India by the in her boundaries should be fixed decreased external value

in gold, as I foretold, to the scarcely rupee and the consequent rise concealed amusement of my advis in the demand of Gold Staners, that sterling would depreciate. dard countries for ber

Egypt and Palestine. pro- [ducts will furnish her

In Egypt and Palestine, the cur with the means of buying British goods rencies of both of which are linked and will put a stop to unrest..

with sterling, prospects for Bri- PUB OSA Olom

tish trade are equally good, owing to Kagi, Karenko, Elung.

China, Malay, and Ceylon. Hallo Minto, Bhinebike, Taishu, Tainan, Malaya and Ceylon are in much the handicap from which our Gold Takao, Tansul, Teen, Brits, Taito, CHINA, Hankow, Amoy, Fochow, the same position as India.

Standard competitors will suffer. OTHERS:—[co] Keng, Singapore Bourabaya, also have come off the Gold Stan Gemarang, Balati, Bomb, London, New dard with Great Britain and can York, Daire.

supply us at the same price as be- fore with all the rubber, tin, tes and spices that we need, taking in exchange our cotton goods and ma

Central Bank in Formosa Bank-Nodes Loound Average Roudau. 43,600,000 BRANCHES AND AGENCIES,

All classes of Commercial Banking JAPAN-Turks, Yokohama, Kobe, Jaak. Transactions undertaken.

Personal investment handled. Pa

THE YOKOHAMA SPECIE BANK, VA

LIMITED.

Established 1880.

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

Yan 118,200,000 ,! སྱཱ ཎྜ « ༩ IGIN. ATRIO. Head Offer YOKOHAMA.

Branchen and Agencies ats,

Alexandria

Bateria)

Bombay

Nagasaki.

Nagoya Newchwang

New York Omka

Paris

Rangoon

Pelping

(Mükden)- Big de Janeire

San Francisco

Seattle

accounts

The Company offers to intending Travellers the man of its "Travellera Chequer and. Letters of Credit and In addition, the world-wide services of its thoroughly equipped Travel Department

THE

W. DUGGAN,

Manager.

Bestow"-Chaton,

LONDON DANKEES.

Barclays Bank Ltd Lloyds Bank, Lu Midland Bank, Li, Westminster Back, Lid.

The Dark Corpondents is all the principal chinery.

Cammial Centre, throughout the world.-

DATA NAQURS.

HONG KONG DRANCH:

B. Den Vongs Road Oates. Hong Kong, December: #1, 1087,

BANK OF EAST ASIA, LTD.

Established 1918.

HEAD OFFICE:

Des Voeux Road, Central,

HONG KONGLES

Capital and Surplis Total Resources

over H.S 8,000,000.00 over 11.638.

000.00

description of Banking and

ent and Pb

Acogunta in local and for ed for cllecta and Bafe Deposit Boxes,

ΡΟ

They

As for China, still on a silver standard, her imports from the Gold Standard countries, America. France, Germany, Italy and Japan. have latterly been nearly twice thore from Great Britain and British De- pendencies. In spite of her civil wars; her capacity for consumptior is very great, and she will now pro- bably take the bulk of her cotton goods from Great Britain in pre ference to those of Japan, which are not only handicapped by Japan's re maining on the Gold Standard but Are also subject to the boycott springing from the Manchurian em broglio

In return she will continue to 13,her

from table to home

from home to table

Other points of his speech

wero:-

Kowloon.

1930

0" 1"B

hek Lai, Pui

1981 -L. 28* 8"B

Reservoir

Shing Mua Recep

tion

0' 7"B. 1'5"B\

0'.7"B T 2"B Storage in millions and decimals

of gallons.

1980 1931

853.38

852.50

104.61

113.70.

110.85

31.81 15.75

Kowloon Main Kowloon Byewash.

hek Lai Pui Shing Man Recep

Reservoir

tion

Tota!

498.89

583.21 Consumption of water in Kowloon Some people advertise like

in millions and decimals of gallons women back horses with a pin. during the month of November, 1931. Advertisers should remember Consumption.. 1980: 1931

135.81 151.64 that advertising psychology is. Estimated population 177,880 293,050 like humour, largely geographi-Consumption per

head per day..........

25.3

17.2 Constant supply in all districts dur- he reports of the Government Bac-

November, 1980 and 1981.. teriologist and Analyst show that the quality of the water is satisfactory. Observatory from January 1, 1930, Total rainfall. recorded by Royal 05.20; January 1, 1981, 75.84.

cal.

Don't heed criticism of your advertisement if you know why Jou planned it..

Goods-consciousness IN the first and essential link in any campaign.

In the

New Grill & Ball Room

SERVICE

for Your Convenience

TELEPHONE CALLS received or made from your table in the NEW GRILL & BALL ROOM, and from any seat

on the FIRST FLOOR LOUNGE

an inward call inform who will acquaint the

of your tabl.UK

The

& Shanghal

expect

office Der:

NG HOTEL