1932-01-18 — Page 13

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION,

Immand and Pully Paid-up Baserre Panda -

Blerting nuk -Bilva

------------------0,000,000 -------$0,000,000

.............. 6,500,000 ............ $10,000.000

Bagorre Liability of Propriators $90,000, and

HEAD OFFICE: HONG KONG.

BOARD OF DIRECTORS:-

Hon. Mr. C. 0, F. Maskin.

Okelan

Hoo, Mr. 3. 7. Paterson, Deputy Chairman.

19. H. Hall, Faq.

4. H. Complen. Eaq.

-G. Miskia, Bog.

T. E. Pearce, Elligo

AMDY

BANGKOK

BATAVIA

DOMBAY

CALCUTTA

CANTON

CHEFOO

COLOMBO

DAIREN VOOCHOW

HAIPHONG

XLANDURO

HANKON

HANDIN

J. A. Plummer, K.

T. R. B. Rhaw, Esq.

J. 2. Wacron, Esq.

Okiet Kunnger.

V. M. Orayburn, Paq.

BONKEW

ILOILO

IPOH

JOHORK

КОЛЯ

KOWLOON

BBANCHEB 1—

KUALA LUMPUR

LUNDON

LXOXO

MALADOA

MANILA

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

Incorporated by Royal Charter, 1858.

HEAD OFFICE: LONDON.

Paid-up Capital

Baserve Fund

.£3,000,000 .24,000,000

Reserve Liability of Pro-

prietors

.£3,000,000

Agencies and Branchen:

♪

ALON 87 AX

AMRITBAN

KUCHING

BANGKOK BATAVIA

TAMBAY

CALCUTTA CANTON CAWMPORE DEBU COLOMBO DAFREN

DELUI

HAIPITONG

HAMBURO

HANKOW

MADDEN

HONG ROND

ΠΟΙΟ

IPON

MUAB (Johor)

KARACHI

KLAND

KOBR

MUKDEN

SEW YORK

PRIPING

PENANC

RANGGOR

FAIGOS

SAN FRANCISCO

HEANORLAX

SINGAPORE

SOURARYA

BUNGRI PATANI TIENTSIN

ΤΟΥΣ ΤΟ

TSINGLAD YOKOHAMA

Carol Ancuria opened In Local Chervenag and Pized Deposita caland for ons your of asceter perioda la Local Currency and Bioeling on terms whloh will be quoted on application. Hong Kong. December 1, 1981.

HONG KONG SAVINGS BANK.

The Bosine of the bore Bank in conducted by the HONG KONG AND PUJANGHAI BANK- ING CORPORATION. Bules may be obtained

application.

FOR THE HONGKONG AND SHANGHAI BANKING CORPORATION,

V. M. GRAYBURN,

Hong Kong, 19th July, 1980.

Ohlet Manager,

THE BANK OF CANTON, LTD.

Established 1912.

Head Office:-Hong Kong.

Astorias Capital (U.K. Curmany)

rud Up Capital

Der Fund

BRANCHES :-

$11,000 200 2,063,000 1,100,000

Canton Shanghai, lankaw, Bwstow, Bangkok, Saw York and San Francisco,

LONDON BANKERS,—

The Glore's Bank, Limited. CORRESPONDENTS

In all principal cities of the World

Faign Rechange and baking boil o

amey scriplion tated.

Bal Dept Flours (various sizes) as a yeariz

restal of from 1 14 940

LOOK POONG BHAN,

Chief Manager.

THE BANK OF CHINA.

行銀國中

special charter of The National Gov-

MADRAS

MANILA

MEDAN

NEW YORK

PEPING (ling

PESANG

HANGDON NAIOON NEMARANO SEREMBAN BILANGITAL HING PORR SITIAWAN HOURABAYA TAIPING

TIENTSIN

TOKYO

KUMLA KANORAH ZAMBOANGA

THE

CHINA

MAIL.

THE HO HONG BANK, LTD.

(Established 1917)

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

Paid-up Capital ...

Authorised Capital 'Straits $20,000,000 Issued Capital

8,000,000

4.000.000

4,000,000

2.687,000

Reserve Liabilities.

of Shareholders Burplus

Branches, Agenties and Correspon denta in the principal cition of" the world.

Every description of Banking and Exchange business transacted.

TAN ENG HOOL

Maangor

BANQUE DE L'INDOCHINE.

HEAD OFFICE:

96, Boulevard Haussmann, PARIS.

Capital fully paid up .Frs. 120,000,000 Reservas (81.12.1980) Fr. 116,568,454 BRANCHES:

China. Canton

TONG KAIL (hukett TSINGTAD

YOKOHAMA,

Indo-Chins. Saigon Battambang

KUALA LUMPUN

Foreign Exchange and Banking business transacted.

General

Cantho Fort-Bayard Haiphong Hanot Thanh Hoa

Nam-Dinh

Pnom Penh Quinhon Tourene Vinh

Hankeou Hongkong Mongtze Peping Shanghai Tiontain

Other Places

Bangkok

Djibouti

Noumea

Papeete

Pondicheri

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, 1931.

NEDERLANDSCHE HANDEL- MAATSCHAPPIJ, N.V.

(NETHERLANDS TRADING AMIETY)

JANKEES.

Established 1994,

Houg Kong Dães:-11, Queen's Bond Cestini.

Authorised Caplial Qulidərs 250,000,000. Paid-Up Capital Gulldare 60,000,000. Reserve Fund................................ Gullbars 10,118,000-

Hand Co-AMSTERDAM". Eastern load Off-BATAVIA. Braacha-BandJermain, Bandóeng" Borbay,

Calcula Oberibos, Djember, Djak jakarta", The Hagno", "JAMA, Fabe, Makassar, Medan, Palembang, Pak Logan, Penang Rangoon, Botterda Semarang, Shanghal, Singapore, Bones- bala, Soerakarta (Holo), Tegal, Tjiistjup and Weltevredan".

* These ollocs Bare Safe Deposit Boxa to Lat.

LONDON DANKENO:-

NATIONAL PROVINCIAL BANK LTD:

Correspondents all over the world. Barking Busi

ama of every descriptions transacted.

Yunnanfou Singapore

and

Commerce

Finance

BRITAIN IS WAKING UP

EMPIRE TRADE SHOW FOR WORLD'S BUYERS.

By Sir Robert Donald, G.B.E.

TUESDAY, JANUARY 19, 1932.

MAKING OIL FROM

· COAL.

Relation to National Needs.

WORLD'S COPPER OUTPUT.

Large Cut by Informal Agreement.

In examining the commercial The voluntary curtailment of the possibilities of producing oil from production of copper throughout coal in Britain, the December issue the world will come into effect on of the Chamber of Commerce New Year's Day according to a Journal, organ of the London statement issued by the Copper Chamber of Commerce, states that Institute, although 10 formal interest in the question may be in- agreement was drawn up and there tensified by the urgent need for is no authority to enforce the re- balancing our trade account and duced rate, said Reuter's New York by the renewed hope of British in- correspondent. dustrial recovery.

The output, it is announced, will Attention is drawn by the paper be limited generally to approxi- to the claim of the Imperial Chemi- mately 28 per cent of the (Vice-Chairman of the Empire schemes and their exhibits should cal Industries, Limited, that the ex- estimated production capacity. Press Union and member of the, be of especial value to the visitor perience of the hydrogenation pro- More than 90 per cent of the British Industries Fair Publicity from the progressive countries of cess with a semi-commercial plant world's production was represent.

Committee).

the Empire.

at Billingham, which has converted in the discussions. With the National Government

It was the view of producers' In several sections of the Faired some 15 tons of coal daily into settling down to its work, the ex- it may be expected that the prac about nine tons of high quality that curtailment should cease when change position giving a slip to tical results will be seen of the petrol, is sufficient to warrant the the total stocks of copper above Britain's export trade to foreign recent missions which various construction of a large-scale com ground do not equal in the aggre- countries, with the promise of re-trades have sent overseas under mercial unit capable of producing gate the total deliveries in the pre- ciprocal agreemente at Ottawa be the Overseas Trade Development over 200,000 tons (or more than ceding four mouths. Moreover, if tween the countries of the Empire, Council's Scheme to investigate the 60,000,000 gallons) of petrol a year. the price of copper should excead. and with full preference for the needs of foreign markets. There "Their work," says the Journal,' for a period of fifteen days the Dominions and Colonies in opera- will also be seen in the exhibits the "has shown that petrol of a quality price of 12 cents a pound, Connec tion under the anti-dumping import British manufacturers' reply to the equal, if not superior, to the finest ticut Valley delivery, the curtail duties, the stage la set for a record recent exhibition held in London natural spirit кад be made ment should cease, no matter what British Industries Fair in London of goods bought by the big retail at a

Ta. the exlating stocks might be. about and Birmingham next February.

Should the total stocks not have When the curtain goca up on this great industrial show there will be seen the latest products of

British manufacturers as well as the produce, raw materials and manufactures of almost all the Dominions and Colonies.

Every description of Banking and Exchange Business transacted.

Interest allowed on Current Accounts and Fixed Deposits according to ar-12,000 rangements,

Safe Deposit Boxes to let, Travellers' cheques issued.

A. BONNAUD,

Manager.

5, queen's Road Central, Franch Bank Building. Hong Kong, 1st November, 1931,

THE NATIONAL CITY BANK

OF NEW YORK.

HEAD OFFICE: 55, Wall Street, NEW YORK.

¡

cost

of

atores from abroad in the absence a gallon. The present price

of similar goods of the right de-to the consumer of firat-been reduced by December 21; 1982, sign, quality and price at home. grade petrol is 18. 414d, a gallon, so as to equal the total deliveries and at that price similar quality of the preceding four months any This exhibition of foreign sam- over

future.

ples was visited by many exhibitora spirit, since it has not the handi- company might without criticism in the Fair who went straight back cap of a heavy import duty, can be nevertheless resume operations as to their factories to put into pro-manufactured from British coal it saw fit on giving thirty days duction at competitive prices the and retailed to the public at a notice. Biggest Show In The World.

kind of goods for which they were

profit."

The new Rhodesian production assured there was a ready market.

National Gains.

and several Canadian and South It will be the biggest trade ex-

Patience Rewarded.

While admitting that in a free American mines not hitherto mem- hibition ever held in Great Britain

market the synthetic production of hers are expected to join Copper If I am not mistaken this is —the biggest national trade ex- typical of a hibition in the world and bigger | British manufacturers.

new spirit among all could not compete equally with Exporters Incorporated on

condi- It was a the natural product, the Journal tion of a modification of certain of than many of the great interna- spirit remarked upon by more than maintains that there is in existence its rules. tional trade fairs on the Continent. one important buyer

at the last at present a set of circumstances At Olympia, London, will be all Fair. We have been educating, which may justify the large-scale BRITISH-AMERICAN TOBACCO. the lighter trade groups-each one scolding, persuading the British production of oil from British coal of the 17 or so forming an exhibi- manufacturer for years

to make in the near

"To begin tion in itself; at Castle Bromwich, what we want and to try and get with, Great Britain, like almost all

Profits £1,167,000 Down Birmingham, will be the hardware, his prices down so that we could other countries, is not a free mar- gas, electrical, constructional and increase our home purchases," the

The directors of the British- ket for patrol and oil; secondly, it American Tobacco Company, Ltd., engineering groups; and at the controller of a big group of hotela 1a faced with an urgent nead to have decided to recommend the White City, London, the new com- told me at the last Fair. "At last alleviate unemployment; thirdly, payment of a final dividend for the bined textile display.

we are rewarded for our patience its national defence must rely on year ended September 30 last of As one of a Committee which

and we are getting here what we some source of home production in 80. per 1 ordinary stock, free of was called upon by the Government want at a price that we can afford. case of emergency. It is claimed British Income tax. The net pro- in 1980, under Lord Chelmsford's Set the British manufacturer a that the large-scale plant already fits for the year were £5,384,448, as Chairmanship, to report on how task, and he will accomplish it mentioned would give permanent against £6,801,560 the previous the usefulness

of the Fair to eventually.

Purchasek for hotels and direct employment to about year. British industry might be still fur cover a wide range, but there is 5,000 man, of whom 3,000 would be SETTLEMENTS ther increased, it is gratifying to hardly an article in our hotels now minera, and about 860,000 tone of pay on January 25 next an interim The directors have decided to find us a part of the Fair for the that is not bought in Britain."

coal would be used annually, of dividend of 10d. per 41 ordinary first time this section at the White Commercial and Travellers' Letters City in which every branch of the more distant Empire countries who tually be hydrogenated. Against a British income tax.

Those trade buyers from the which some 400,000 tons would at-stock for the year 1931-2, free of of Credits, Travellers' Cheques, Bill great textile industries of this of Exchange and Cable Transfers country will be represented and in their way to England.

are visiting the Fair are already on net loss to the Exchequer of some bought and sold. Current accounts which all the arts of display and who cannot make the journey I the petrol duty must be placed the try in a depressed area, and the To those £1,500,000 a year in revenue from the stimulus of a prosperous indus and Savings Bank accounts opened and Fixed Deposits in local and for showimanship will be used to make i would say, "See that your United direct and indirect saving on the decreased eign currencies taken at rates that it easy for the buyer to find what Kingdom agent makes may be ascertained on application to he wants.

Capital, Surplus and

Undivided Profits..U.3.$226,037,392

Branches in:-

LONDON

*

A STOKLINK, Hos Kong lui December, 1881.

Kamgr.

ARGENTINE BELGIUM BRAZIL CHILE CHINA

THE

COLOMBIA CUBA DOMINICAN REPUBLIC

AMERICAN EXPRESS COMPANY. INC.

Head Office:-65, Broadway, New York.

Capital

Surplus

Reserves

Ustos

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

the Bank.

MEXICO

PANAMA PERU

PHILIPPINE

ISLANDS PORTO RICO STRAITS

URUGUAY VENEZUELA

Reorganised October 25, 1928, under

ernment as an

INTERNATIONAL EXCHANGE

BANK.

BRANCHES:---

Subscribed Capital

..$25,000,000.00

Pald-Up Capital

.$24,710,200.00

Reserve Funds

..$ 0,820,508.82

Amsterdam Autwory Athena

Bexle

Berlin

Bierrita

Bomba

Glasgow Hatans Hamburr Earr interlaken Jerusalem Lida London Elverpool

Siod Napion Pirague Parl.

Репор

Peking Pelerina

Holterdare Kame

F. McD. COURTNEY,

Manager Hong Kong, June 10, 1881.

Stambeni

Bhuba Houtharoplan Stageporn

HEAD OFFICE: SHANGHAL

HONG KONG BRANCH:

4, 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 cllents special facilities for domestic and foreign banking and exchanges.

We also handio the issue of Bonds

Broo

Brussels Buenos Aires

وعلمت

Lurome

Lugano

LO Harals

Cakusta CANON Colombo Constantinopla Monte Carlo

Maalla Butch

Montreus

Mt

81. Morita

Tiostala Vicuna Venice Yokabers Zurich

Copenhagen Edinburghs Florence GOZZATA Branches of American Express Cam-

and other Public 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, 6th March, 1981.

THE YOKOHAMA SPECIE BANK, LIMITED.

Established 1880. Capital (fully paid-up) Yen 100,000,000 Reserve Fund

. Yen 116,290,000

Head Office:-YOKOHAMĀ.

Branches and Agencies at:

Alexandria Batavia

Berlin Bombay Chleatts

Canton

Changchun

Datron (Dalny)

Nagasaki

Nagoya

Newchwang

New York

Osaka

Parla

Peiping Rangoon

Fengtion (Mukden) Rio de Janeiro

Hamburg

Harbiy

Hoạt Kont

Honald's

“Tondon

Seattle

San Francisco Semarang Shanghal

Bhimonoseki

Bingapore Вретаонув Sydney Tientsin

Tokre Taingiau

allowed on, Current

réceived for fand, parlada be obtained on angleation.

inspection of the Fair,

payment of British

a close, Unemployment Insurance Fund, money for foreign oils."

He will

We are also able to offer our Cas-1 Progress in Roadmaking. find it the easiest way of learning] tomers the services of the Branches It is also Interesting to note that what is new and good in British of the International Banking Cor- the engineer from abroad, will be production. poration in San Francisco and Spain able to see in the Fair for the first the other Empire countries have to He will learn what and also of The National City Bank time this year a representative ex- offer you. He will thus be able to of New York (France), S.A, in Paris) and Nlee.

hibit of quarrying and roadmaking buy for you more wisely and plant, including an outside work-economically than ever before. In- ing exhibit showing every process cidentally, he will find the B.I.F. from the quarrying of stone to the a fine tonic for despondency. completion of a modern highway will fill him with faith in the with up-to-date lighting and auto- future of Empire trade." THE BANK OF TAIWAN, LTD. matic traffic signals. The British The Fair

(TAIWAN GINKO.)

opens in London. industries concerned in roadmak- and Birmingham on February 22.) ing have made immense strides in the various sections closing on recent years owing to the big road dates varying from March 3 to 5.

HEAD OFFICE-Talpeh, Formosa. Incorporated by Special Imperial Charter, 1800,

Contest Bank in Fermon. Bank-botes saved Average secoust...Yen. 45,000,000 BRANCHES AND, AGENCIES:

All classes of Commercial Banking JAPAN:- Teyko, Tokohama, Kobe, Osaka. Transactions undertaken.

FORMOSA 1-Gizag, Kagi, Barenko, Keelung, Makong Neale, Shinchiks, Taloku, Tanka. Takao, Terul, Zoan, Heio, Taito. CIELNA hanghai, Hankow, Auet, Fooches,

Swacom, Caston. OTHERS-Hong Kong, Biopapors. Boersbay, Semarang, Batavia, Dombay, London, New York, Dairen.

Personal

I handled.

investment

accounts

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

E. W. DUGGAN,

Manager.

THE BANK OF

LONDON BANKERS:

Bercy Bank, Ltd., Lloyds Bank, Ltd., Milland Book, 144., Westminster Bank, Lt

OUR NATIONAL ASSETS.

Lord Wakefield's Optimism.

It

unem-

tice, the hallmark of our com- merce, and never were they better justified. The burden of ployed is still with us, but here, again, look at the asset sido. Would any unemployed man or woman change places with one of the unemployed of any other land? Our standard of living is high, and nowhere are the less fortunate so

spirit and character of our people. well cared for. Then there is the

of Broad Street, London, E.C.

That le a tremendous asset: Much of the talk to-day, he said, foundation of our national charac- |suggested a chairman at theter is confidence in ourselves and a general meeting of a limited com- conviction amounting to certainty pany who confined his report to that we shall triumph. dealing with its liabilities. "In "But we cannot find a solution our national balance-alicet we have of problems which are world-wide tremendous asseta," he said. by ourselves alone., Trade and

Lord Wakedeld was in an op- The Bank has Drisspondants in all the principal the annual wardmote in his ward timistic mood when presiding at

Commercial Centres throughout the world.

I. NAGURA,

KONG KONG BRANCH:

9, Das Varu Bad Central. Hong Hong. Deber 4, 1981,

Hanager.

The

EAST ASIA, LTD. "Look at our national resources in prosperity must, and shall return

Established 1918.

HRAD OFFICE:

10. Des Voeux Bond, Central. HONG KONG.

Capital and Surplus.

ever H.$ 6,000,000.00 Total: Resources ..

over HL.$30,000,000.00 Every description of Banking and Exchange busines transacted.

Current and Fixed Deposit Accounts in local! and for- eign currencies opened for clientsuttupet

Savings Account and Bate Reposit Boxes Branches and Agencies all over the world,

KAN TONG PO,

Chief Manager.

the savings of our people." This to the world. We look to the re- year has been a record for national presentatives of the nations in con- savings certificates. Our bank de ference at Baale to play the game posits are high, our building for the cause of civilisation-to societies report a record year of play it as individuals are playing progress and are still able to at it in every country at this time of tract new investors. As a result dificulty, We must pool the con- of their thrift our people have built stractive ability, and political wis up over £2,000,000,000 of capital in dom of the responsible statesmen small units. Not one penny has of all countries. For ourselves, been lost or will be ES our national genius and resources We have been off the gold stan- are already bent towards a happy dard for three months, and we have issue. I firmly believe that in bald our own fu a marvellous response there will be a wave of fashion. We should be, thankful areative energy throughout the en- that our financial system has prove tire civilized world which will lead ed so strong. Stability and conf- to peace and confidence and pros dence are

tradition and prat perity for us all.

AT THE

QUEEN'S

A

FROM

SUNDAY

with LIONEL BARRYMORE

CLARK GABLE

FREE SOUL

Metro

ctro- Goldwyn

Mayer MOTURE

Starring

NORMA SHEARER

COMING SOON

TO THE KING'S

JAMES DUNN

VILY EILERS

DAD GIRL