BANKS
HONG KONG AND SHANGHAI BANKING.CORPORATION.
Anthoined Capital Byata ་ པ ཏསྶ ཨཏྠ Larmed and Pulls Pald up
Bonario Fusda 1-0
Sterling...8,600,000
River
------- $10,000,000
1-80,000,000 6,000,000
Hpourvo Elability of Proprietors - 8:9),000,000
HEAD OFFICE, HONG KONG,
• BOARD OF DIRECTORS—
Eva. Me. 7. 1. Paterson.
Uhaleman.
T. E. Peros. Esq.
Deputy Chaleman.
J. A. Plummer, Raj.
Open, Eng.
T. XI. 1 Shaw, Rag-
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.
Incorporated by Royal Charter, 1853.
HEAD OFFICE: LONDON.
THE HO HONG BANK, LTD.
(Bstablished 1917.)
THE CHINA MAIL.
·HRAD OFFICE: SINGAPORE Hong Kong Branch: 18, Queen's Rd. C.
Authorias Capitai Straits $20,000,000 Ized Capital
8,000,000
Paid-up Capital
4,000,000
Resorts Liabilities
4,000,000
2,687,000
of Shareholders.
Burplus
พ
Branches, Agencies and Correspon- dents in the principal cities of the world.
Every description of Banking and £8,000,000 | Erchange business transacted.
TAN ENG HOOL,
Paid-up Capital Reserve Fund
.£3,000,000 .£4,000,000
Reserva Liablilty of Pro-
prietors
Agencies and Branches:
KUOLLING
MADRAS
ALOR STANL
AMBITSAR
MANILA
MSDAY
Manage.
CALOUTTA
NEW YORK
THE NATIONAL CITY BANK OF NEW YORK.
CANTON
FERING (Taking)
Ba, Me, O. G. 8. Mechia. J. P. Warren, Log.
4. Miskin, Bag,
V... Grayburn, Esq.
Thiel Manager.
BRANCHES-
BANGKOK
BATAVIA
BOMBAY
DAWNPURE QKDU
COLOMBO
DAIBEN DELHI HAIPHONG HAMBURG
HANKOW
MO!
BANGKOK
BATAVIA
BOMBAY
CALCUTTA
CANTON
PESANG
BANGOON
SALOON
SEMANAHO
SEREMBAN
BHANGHAI
head officE: 55, Wall Street, NEW YORK.
Capital, Surplus and
Undivided Profits U.S.$223,347,488.11
Branches in-
ARGENTINE LONDON
LONDON
HINGPORE
LYONB
SITIAWAN
HABHIN
SOT KARAYA
MALACCA
XDRO KONG
TAIPINO
VANILA
ILOILO
TIENTSIK
MUAI (Johor)
IPOH
TOKYO
KUKDEN
KABADDI
TONGKAH (Dbuket)
BELGIUM
KLANG
TSINGTAO
NEW YORK
КОПЕ
BRAZIL
VOROHAMA
PEIPING
KUALA KANGSAB
ZAMBOANGA
CHILE
KUALA LUMPUR
CHINA
Foreign
Exchange and General
COLOMBIA
IDA CUBA
DOMINICAN
REPUBLIC INDIA ITALY JAPAN
CHETOO
DOLOM BU
DAIREX MOOCHGW HAIPHONG BAMBURO
HARDIN
HONGSEW
PENANG
LÀ NGUỒN
BALOON
SAN PRANCISCO
RHANGHAI
BINGAPORE
BANKOW
ILOILO
On
JOHORZ
如暝
KOWLOON
KUALA LUMPUR
ROURADYA
SUNGE FATANI
TIENTSIN
TOKYO
TSINGTAO
TOKOHAMA
I
Cursa Lecounts opened in Lomi Currening sad Pized Dapol renevad for ama yr of chorier periods is Local Currency and alios ww bems whink will be quoted on application. Hong Kong. 17th February, 1932.
HONG KONG SAVINGS BANK.
The Business of the above Bank is conducted by the HONG KONG AND SHANGHAI BANK I CORPORATION. Ru's may be obleizad
mapallosilos.
FOB TER HONGEONG AND BHANOWA HAVEING CORPORATION,
V. M. GRATBORN,
Chial Managet.
Hong Kong, ayth February, 1932.
THE BANK OF CANTON, LTD.
Established 1912.
Head Ocs-Hong Kong. Authorised Capital (H.K. Ousranoy) ... $13,000,000
Op Capital.me
Baserri Fund unerme
BRANCHES :-
-... $$$7,000 1,100,000
Canton, Baaghal, Hankow, walow, Bangkok, New York and Bea Frostics,
LONDON BANKERS
The Licyds Bank Limited.
CORRESPONDENTS
In all principal cflies of the World.
Farolyn Broliage and banking buzznam of
socption transsoled,
every
Sale Deposit Bazas (parious slow) ai a 'youš‡ZĄ vesel it from 35 to $40.
LOOK POONG SHAN,
INTERNATIONAL EXCHANGE
Subscribed Capital.....$25,000,000.00
Banking business transacted.
Current Accounts opened and Fix-
ed Deposits received for one year or shorter periods at rates which will be quoted on application.
J. STUART,
Manager. Hong Kong, August 17, 1981.
NEDERLANDSCHE HANDEL- MAATSCHAPPIJ, N.V.
(NETHERLANDS TRADING SOCIETY)
BANKERS.
Belskabed 1964,
Hong Kare Ches:—11, Qaswa's Road Content).
Authorised Capital ... Oslīdera 158,000,000, Paid-up Capital
Guliders 80,000,000. Beserta Fund Quilders 63,015.000.
Flad Office:-AMSTERDAM". Eastern Hand On :--BATAVIA, Branch Bandjarmasin, Bandong". Bombay,
Djok Calouila, barihon, Dimber, Jakariz', The Hague", "Jiddah, Kobe, Makar, Medan, Palembang. Pakai longan, Penang, Bangoon. Botterdam'. Semarang, Bhanghai, Binyspors, Bours bala, Boerakarta (Solo), Tagil, Třsting and Willetradan".
* These offices have Sala Dapoels Box to Lat
LONDON BANKERA;-
NATIONAL PHOVINUTAL BANK LTD.
Correspondents all over the world. Banking Bual. was of every description intacted.
A. STOKKINE,
Hong Kong, Taj Decembar, 1981,
THE
Mabayar.
AMERICAN EXPRESS COMPANY. INC.
MEXICO
PANAMA
PERU
PHILIPPINE ISLANDS
Commerce and Finance
INTERNATIONAL INDEBTEDNESS
RESPONSIBILITY WHICH RESTS ON SHOULDERS OF CREDITORS.
Countries Being Driven to Barter.
THURSDAY, MARCH 10, 1932.
HONG KONG -STOCK EXCHANGE Opening Daily Official Quotations, March 10, 1932. NEXT SETTLEMENT DAY, TUESDAY, MARCH an, 1932.
Buy Sell Sale Now Fle
"STOCK
Banks.
OFA Bra
| Hong Kong Bank i.....$ 1480
(Lon. Reg.)...Ĺ Chartered Bank. Mercantile Bk., A&B.
Bank of Asia .......
Insurances.
Year
Last dividend and when paid
***
Av
WH
TH
105 B. 191
Doc.
{Pina) 43x+1/5)—841-74) making as for 1951
Feb. 1', ta
Deo. In 7+ But to L/TAX af 1431
Sop. 91, 4.
197Dec.
Doc. Int. 7% 1931 (sas 1/Tax...........
for 30
op. 8, 3
Feb. 15, Ar
Union at $450
Thore
China Underwriters...
bins Fire Ins......
+
Although an impartial survey of ing its baneful influence. the economic and financial situa-fore, the unwillingness displayed tion of the World at the close of in certain quarters to face facts 1931 would discover hopeful fen- and to recognise some of the prin- H. K. Fire lox, .... tures, it cannot be said that the cipal, causes responsible for the
Shipping. prospects for an early solution of present position is all the more the present crisla are particularly regrettable, for until this is done, Douglases...... favourable. It is true that during there can be no great hope of that | H. K. Steamboan ...$ recent months more than one remedial action, which must of Indo-China (Pref.) ...$ country has furnished evidence of necessity precede any definite re-
(Def.)...$ its determination to base its policy covery. Throughout the pet-War shells Bearer.......... upon aound principles, even though period, most countries have pureu-Calon Waterboats such a
course involves hardshiped the illogical policy of endeavour- and sacrifice, Moreover, a large ing to expand the external markets
Mising. amount of work has already been for their products, whilst at the Benguet ............. accomplished with the object of same time restricting by tariffa Kailan Mining Ad. */ facilitating the approach to those and other measures their pur- Commercial and Travellers' Lotters international problems which must chases from abroad. Trade is es-
Langkats (Single) ...Th. S'hai Exploration...Th. of Credits, Travellers' Cheques, Bills be faced early in the New Year.sentially reciprocal and if the of Exchange and Cable Transfers
Loans ........Th. bought and sold. Current accounts The Special Advisory Committee World as a whole persists in re- and Savings Bank accounts opened appointed under the provisions of fusing to buy, the result, in the and Fixed Deposits in local and for the Young Plan to investigate the long run, must inevitably be an in- eign currencies taken at rates that financial position of Germany, in ability to sell. Moreover, since the may be ascertained on application to
view of that country's declaration War, the situation has been com-
PORTO RICO STRAITS
SETTLEMENT URUGUAY VENEZUELA
R. M. MCLAY,
Managez. Hong Kong, March 1, 1982.
"
**
*****
---
·
(1850 Dec. Interim $18 1990
j Fin.$89 hak. #10for 1929 10 for
TH
Dea. Interfra 265- ago 1850
... (590
Deo.
-
May 18, 3
Mar. 4, 1
8.10 Dog. None
... 1280 Dea.
(Final 19 boteas #5)
And 14 for 1959-833
Entering 3/0 1990
1950 and bonus BIO
making $0 for 1999...
281 Dea. It dividend for 1926
81.50 for 1929 None for 1000
May 29, 13
Msg 92, 51
}}. Mar. 90, 5>
112- *x. 21-3 on preferred|| Jano 19, § -
1′′tor 1924 and 199.15!
Too. Last Sividend for 109 NOVE
(Final 178 Cespon No. 181] July 6, 1
46/3 Dec. 1 Iran 1/Tax aft 1990 sommem♪ 1.40 for 1959 to ins
*** 118 Doc. ... 32/6 Jane
Mar. 81, $
centarosajovolj Des.,
Deo,— 2.
free VTE pon
för year 2&3)
*
Deo.
*** 45
... 132
125
Deo.
Fourth a
14
Oct. 7.0.50 for year 31-10-32
12.10
Deo. one
P
12
Deo. {Final T. 1.40
Raubs
PIT
80
Mar. 3rd Inte your 31-3-3
Venezuela Gold Fields 3
**
tum
Docks, Wharves, Godowns, &c.
H. K. & K. Wharver.. H..K. & W. Docks...$
(
+
*!!!!!!!
making T.0.60 for 1998
May 8, 10
Feb. 6; 1
Mar. 18 #
፣
Deo. Last dividend for 1924..................y
Mar.10 12
Ot
AJA
139) Deo. #5 for 1995..
10
3
...
Doo, 10 cents an old
***
321
cente on now?
for 1931.
1220
De Interlin T. # = 1993
4
901 Apr.
Deo. T. 2.25 for 1031 +
for year m>4-83
-Pending
July 29, 31
A
***
the Bank
We are also able to offer our Cus- of her conviction that to resume plicated by the enormous amount tomers the services of the Branches the transfer of the postponable of uncommercial international in- of the International Banking Cor portion of the Reparation pay-debtedness in the form of War South Ch. Motors (A) S poration In Spain and also of The National City Bank of New York ments at the close of the Hoover Debts and Reparations, as the dia- (France), S.A., in Paris and Nice. Moratorium in June next would charge of these liabilities involves China Providents (old) $ 4.00
(new) $ 11 seriously endanger her exchange a flow of wealth in one direction
HongkewTls. and economic life, has carried only, namely from the debtor to through its task with commendable the creditor countries, without any promptitude. Its report, complet-compensating reverse movement. ed just prior to Christmas, and It is axiomatic that the settlement THE BANK OF TAIWAN, LTD. Bummarised in a subsequent Note, of debts between nations
(TAIWAN GINKO.)
is an essential preliminary to the made only in goods, services or H.K. & S. His. (old)$ (18)
(new) 19.45 Conference of the Powers directly gold, for the re-lending by the
H.K. Landı............ş concerned with Reparations, which creditor of the amount due to him must shortly be held to decide the kannot be regarded as a means of Shanghai Lands ...Tis.
Humphreys action to be taken in connection payment, as there is no real dis with
and H. K. Reaitics that important question. charge of the original debt
HEAD OFFICE:-Talpeb. Formosa.
Incorporated by Special Imperial Charter, 1899.
Central Bank in Formos.
BRANCHES AND AGENCIES › JAPAN-Toyko, Yokohama, Hebe, Osaka,
can be
N. Engineering...Th. Shanghai Docks ...Th.
Lands, Hotels & Buildinga.
....$ 195
Cotton Mills.
Bank-Notes issued Average inpunt.... $6,000,000 Negotiations for the extension of the effect is usually to increase Chinese Estates
the Standstill arrangement in rea-the liability of the debtor. In the pect of Germany's short term ex-past, Great Britain has always FOBMOBAIRD, Bagi, Karenko, Kalong,
Makong Nasto, Shinoblko, Talahu, Tataternal liabilities beyond the end realised that, as the leading credi- Ewa Cottons Hankow, Atzo, Foschow, of February, when the present tor nation it was her duty to place
Shanghai Cotton...Ti.
Takao, Tammal, Toed, Helto, Taite. OHINA,
Bwalow, katon, OTHERS--Hoon Ke Singapore, Bourabaya,
York, Daimo
LONDON BANKERS:
Dardlays Bank, Lid. Lloyds Bank, Ltd.
Midland Bank, Ltd.. Westminster Bank, Ltd.
Dommel Centres throughout the world.
agreement expires, have also been no unnecessary obstacles in the
1
Semarang, Bataria, Bombay, London, New proceeding and although, at the way of her debtors discharging Zoong Sing ......Tr
time of writing, nothing definite their obligations, but, in recent
Public Utilition. has been settled, there can be no years, certain great creditor coun- doubt of the willingness of Ger-tries, whilst insisting upon pay. K. Tradway many's commercial creditors to ment of the amounts due to them, Feek Trams (old)... The Bank has Correspondents in all the principal lend their aid in the rehabilitation have, by tariffs and other means,
(new) ...$ of that country, provided other in-prevented the discharge of these Star Ferris ...........$ terests are prepared to play their liabilities in the form of goods Yaumati Ferries......... part.
and services. The position so far China Light (old) as it relates to the United States,
(new) H. K. Electric ... has been aptly described by a well- Macas Regarded as preparatory mea-known American economist, who Sandakan Lights....$ sures to a serious approach to the said: "The debts of the outside H. Ter. fully paid $ problem of restoring general pros-world to us are ropes about their
part pald perity, these developments are necks, by means of which we pull China Buses.......Tis. Our trade reg- S'poreTractions(Ord.)1/- The following unclaimed tele Batisfactory, but, taking a broad them towards us.
(Pref.ja/- pitchforks pressed grams are lying at the office of view of the World situation, it is trictions are
UNCLAIMED TELEGRAMS.
Chief Manager.
THE BANK OF CHINA. 行銀國中
E. NAGURA,
Head Office:-65, Broadway,..
New York.
Manager.
HONG KONG BRANCH:
B. Des Vonix Road Central. Hong Kong, December $4, 1991.
Reorganised October 28, 1928, under
Capitai
special charter of The National Gor-i
Surplus
GERMENT AN AN
·Reserves
U.S.$6,000,000 .U.8.$1,572,454 .U.8.$1,908,209
BANK.
BRANCHES.
Paid-up Capital
..$24,710,200.00
Avatardaes Ausworp
Alkans
Reserve Funds
Heals
..$ 2,820,603.82
Berilo
Biarrits
Bombay
Bedman
Bessel
Buenos Aires
Calro Calcutta Обл
Lane Havana Hamburg HATTO Interlaken Jarnealam Ido London Liverpack Taverna
Nio Nagles Pirasu
Paris Finant Peking Palomar
Company mark:
Botterdam Beme
Stamboul
Lugana
Shanghai Boursom
Bonafides, from Shanghai. Taya, from Shanghai.
LUXOP
Singapore
Marvelliee
St. Morite
Constantinopla Monte Carl
Dentalci
Copenhagen Manila
Vanza Yazion
F. V. JENSEN,
Superintendent. Hong Kong, March 9, 1982.
Yokohama Zurbok
HEAD OFFICE: SHANGHAL
HONG KONG BRANCH:
4. Queen's Road Central
Owing to our numerous branches in Gains and large connections in the Important commercial centres of the world, we are able to extend to our ellents special facilities for domestic and foreign banking and exchanges.
We also handle the issue of Bonds and ether Public Funds of the Ohio ses Government both at home and abroad.
SHOU J. CHEN,
Manager.
Hong Kong, 5th March, 1981.
THE YOKOHAMA SPECIE BANK, LIMITED.
Established 1880.
Capital (fully paid-up) Yen 100,000,000 Yen 116,200,040
Reserve Fund
Head Office: YOKOHAMA.
Branches and Agencies at:
Alexandria
Batavia
Berlin
Bombay
Calcutta
Gambola
Changchun
Nagasaki
Nagoya Newchwang New York
Onts
Paris Peiping Rangoon
Dairen (Dalny) Bertien (Huzden) Rio
Hasburg
Hankow
*LODE
Karach Robe
Los Angeles"
San Francisco
Colombe
Edinburgh Munich Florazon
Mantenum Genera
Min
Branches of American Express Com- pany in Principal cities of United States of America and Canada.
All classes of Commercial Banking Transactions undertaken.
Personal investment accounts handled.
T
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,
THE BANK
Being Driven to Bärter.
H
11
the Great Northern Telegraph difficult to point to any definite against their bodies, by means of Industriais.
of (Limited) Den signs suggesting an improvement which we hold them off. This Malabon Sugars.....
in the outlook. During December, situation can obviously involve a Cald: Marg. Ord....Th. Japan has joined the ranks of very painful strain for the foreign those hations which have been debtor.” compelled temporarily to suspend
The following unclaimed tele gram is lying at the E.E. Tale graph Co.'s office.
passenger,
Eddy, from Shanghai.
! ! #
*
07
ཉྩཎྷཱ ཝིདྡྷི;༔༔
21
* ! 1 1 1 ⠀⠀
Peading
Det. 9 31'
701
Deo, zein (ulchota (powy for 19.1| Pending Deo. Finalmaking for teal Feb 18,39
Dec. Final 77-4.30 bonne T/- 0,303
Dec.
1 and T/-0.1 for sal. Pending
on old (1501 Feb. 27, 39
Túù conta on new
Deo. Finote, mak, 60 sta for 1981 Mar 9, 32
Feb. Interim 3 N/O 7487 22-4-82...........] Jan. 80, 19
r
*** 14.00
Dec. T. 3.80 for 1531
[Apri
[80]
(Oot
IN
111
Pending
Deo. - 13
and T. 8-26 for bali year si-10-31;
June T.-80 for Your 30-0-87 Oct. 8, 3*
18.60
Apr.Wola onni 3-4...
June 15, 33
Fab. 1, 39
June 23, 11
***
red
M
|x.dir.[12.10| -
18 BL
tr
And
**
Pref....Tis.
Canton Ice
Cements (com.) ....$19
**
(old).......
put
10
(new).....
Gold Made Unavailable. gold payments and the hold of cer-! For some time past, the debtor tain other countries upon the gold countries have been compelled to standard has become, if anything, rely to a very considerable extent. Ruper......* China Agriculture... precarioua. International upon gold for the payment of their trade as a whole shows few signs external liabilities, with the result
more
Stories, de
(new)$
Mackintoshsinn
News
"Bring Your“ PRINTING employment, if not actually in-creditors, whose action has been S. C. Enterprises.
Problems to Un
THE NEWSPAPER ENTERPRISE LTD. ENDA MAIL. SLOG.
SA WYNDHAN we
**
EUS
**
291
154
JUML
DOA MSNBCħ.making i fer 1931), Feb. 17, 1
(80 cia, on sid) for year
Deas for 1983 amatoremmer
Deo. #1,60 for 1000
Sept. eta. for y20-5-81, 81, 81
Deo.50 for 15
June None
Peading
Doc. Final 0% making 10% for 1981) Mar. 9, 19 Dec. 2. 0.90 for 1929
Feb. 26, 10
114) - {Bapt. // on prefermos share Fall 6, #1
Bubject to Income`ira...}
TES
Dea, P. 50 für 1950................
Mar. 4. D
14 [Dea. (To) 2950 Mar. 31, 101
centa for you: 81-7-8 Oct. 9, 13
Dendrenia cu ne}
Jaly
ƒ15 tuala on old】
·for 1031
Pending
76 coals for 1,930...
Mar. XT, SI
18
Dec.
Mar. 9.9
Deo. $1.75 for 1991
Oct. 75 cents for par 81-10-30—— Bar, 16, 31
Fab,, Last dividend for year 23-3-26
19
Feb. for year 2-1-81
Apr. 90, Bi
118
8.60
Feb. 20 cents *TİSAT THE
June 12, 81.
w
Mar. 20 for your 31·5-51 wan
Sept. 20,91
18
บ ***
300
411
APA
(12/1.80)
168%
Dec. 20 cents or 130
Apr. 91, Ji
H.K. Govt, Loans $4% Pema
ME
**
O
INSURANCE RISKS.
Intecost hall pozzly,
#
of recovery and although some that to-day almost the whole of Dairy Farm countries have benefited through the free monetary gold in the Watson the depreciation of their cur-World ja concentrated in the Der A Wings & Rajputana, rencies, it is probable that the ag-hands of creditor nations, princi- Lace Crawfords (old)...$
gregate volume of business has pally the United States and France. C. C. CLARKE, decreased. Exchange and other Therefore, from a practical, point sincerca............
Manager. restrictions are daily becoming of view, gold has almost ceased to
Wm. Powd Hong Kong, March 8, 1982,
more onerous and are tending to be available for the discharge of curtall the already meagre amount International Indebtedness so far Miscellaneous. of trade which is being conducted, as the debtor countries are con- H.K. Amusement $ 19,90 ww so that it is not surprising that cerned, and if they are to continue C. Entertainments (Old)$ in all the principal countries, un to meet their commitments, theft, creasing, remains at an excep-largely the cause of the present Macho "Greyboundi” ș tionally high level. In certain position, must agree to accept the Constructions (Old)...$5.20 6.85
(New)...$12 parts of the World, the axigencies only form of wealth in which pay. of the moment are reducing interment can now be made, namely B. Ind. G. Bonds...... national trade almost to a form of goods and services. barter and instead of each coun-
Problem of Creditors. try being able to buy and sell, free- Sooner or later the facts of the ly in any market, business is, in situation will have to be faced. It many cases, being diverted into is not so much a question of the specific channels by means of bi-fability of debtors to honour their
ments made between the United of creditors to accept payment States and Brazil earlier in the and, if the latter are not propar- year, whereby a large quantity of ed to receive the amounts owing "Is Disability Insurance Practic American wheat was exchanged to them in the only medium available?" was discussed by Mr. E. E, Folicy contract must be framed for Brazilian coffee has been fol- able, they cannot escape respon Rhodes in a paper submitted to as contract of indemnity; confin lowed by somewhat similar trans-sibility for any consequences that the ordinary general meeting of gency insured against must be the actions between a number of Euro- may aneue. If there is to be no the Institute of Actuaries.
occurrence of a pecuniary loss as pean countries, and regrettable as modification of tariff and other Mr. Rhodes reviewed the deve the result of disease or accident: these developments are from many restrictions, it will matter little torment of disability insurance in standarde of selection those ap- aspects, they are only symptomatic what Governments and inter the United States and Canada, plied to health and accident under- of the difficulties under which in national Conferences may decide with particular reference to the writing; claims treated in accord- ternational trade is being conduct in regard to the Reparations, and circumstances which had given ance with torms of contrast and ed at the present time, Was Debta question, for the opera: rise to the suormous losses in sure without regard to affect which dis- Calvernality of the Depression. tion of economic laws will not only pins in recent years. The losses allowance would have upon life -- “One of the outstanding fasriras continue to estrangle strade, chut
tributed to hadequate pres business of the company prompt of the "adfitinF
15 the will also make the disch
unsound, underwriting, in presentation of claims, and pro- {universality of "depression,' For these liabilities impossible-Bar ancient
ust be adequate to cover inistration of claims, mfuma po country has succeeded in escap-clays Bank Monthly Review?berality of Interpretation of per risks
OF EAST
Established 1918. HEAD OFFICE:
ASIA, LTD, lateral agreements. The arrange- engagements as of the willingness
10, Des Voeux Road, Central. HONG KONG
de Janeiro
Capital and Surplus Total Resources
Seattle Semarang Shanghai Shimonoid Singapore Boerabaya Sydney
Tokyo
Tsingtan
alkowed on
over HL$ 8,000,000,00 over H.$30,000,000.00
Every description of Banking and Exchange businesa transacted.
Current and Fixed Depop! Accounts in local and for. eign currencies opened for clients.
Bavings Account and Bafe Deposit Boxes Branches and Ársusins all over the world.
KAN TONG PO
•
Basis of Disability Business
manent disability both by com- panies and the Courts and general competitive conditions.
The author gave a reasoned statement for believing that dis- ability Insurance is practicable under the following conditions:
No comments yet.
Private notes are available after approval.