BANKS
་ ་
HONG KONG AND SHANGHAI BANKING CORPORATION.
Katkerfund Capital... 1,60,000,838 Lord and Polly Palde 1,00,000 Beurre. Punde s-
meena # 3,800,000
Basers Liability of Proprisloca ... $2,00,00
HEAD OFFICE; HONG KONG.
BOARD OF DIRECTORA –
Hon. Mr. 3, 1, Pulareon.
Chairman.
TE. Xaq.
Deputy Chairmas.
ĐẠI LÀ TỔ, PL, Bello i do Pure, ba
* M. Complex, Eig
1. El. A. Bhav, Ing.
M. T.1Jokasan, Eva. 1. P. Warron, Big
a. Makin, Eay.
RYOT
АНЭКОК
MAYAVIA
BOMBAY
CANTOR
V. M. Ongkuen. Eng.
Chiat Ringer.
xxxxxxxx
BALVCUZO,-
LONDON
LIONS
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.
Incorporated by Royal Charter, 1838.
HEAD OFFICE: LONDON.
Paid-up Capital
Reserve Fund
£9,000,000 .£3,000,000
Reserve Liability of Pro-
prietors
.£9,000,000
Agencies and Branches:
ALOR 8143
ANNITSAR
BUCHINO
MADRAS
MANILA
DANGKOK
BATAVIA
BUNDAY
CALCUTTA CANTON GAWKFORS OKBU
COLUMBO
DRLUX
HAIPHONG
ПАМОСКО
HANKOW
FLABLIN
MALACOA
JONG KONG
MANITA
ILOILO
MUAR (Jchori
ТРОН
KANONI
KLANO
KOOR
KUALA LUMPUH
Foreign
GALGUTTA
COLOMBO DAIGEN
KUNDEN
NEW TOXX
Foodnow
TIPTIONG
HAMBUBO
HANKOW
FARDIN
DONGLEW
ILOILO
XOX
SODORA
KOB
TOWLOON
KUALA LUMPUR
PRIPING
PENANG
BANOOON
SKIDON
HAN FRANCISOD
SHANGHAI
SINGAPORE
BOURADYA
BUNGE PATINI
TIENTHIN
TORYO
THING240 TOKOHANA
Current cunta opred u Loval Camary and Mixed Deposita exslead for one of skater periods in Lol Curacy and Birla anima which will be qanted in applica
Hong Kong, 5th April, 1932.
HONG KONG SAVINGS BANK.
The Business of the shera Bank la cited by HONG KONG AND BHANGHAI BANK- ING CORPORATION. 's my be obtained
spication
T THE BONGKONG AND BHANOMAT MAILING CORPORATION.
7. M. GRAYBURN,
Chial Manager.
Hong Kong. 17th February, 1932.
THE BANK OF CANTON, LTD.
Established 1912.
Head Office: Hong Kong.
Author and Capliat (H. Curr#7) 1,000,000, Wald-Up Omplim?
50,000 1,100,000
DRANOEKS
Canion, Shashal, Hankow, Pralow, Hanbok New York rad Đại Ph
LONDON BANKERN
The Lloyd's Bank, Edmoited.
COURESHINDENTS
Is all principal otišer at the World..
Tesign Exhangs and banking herbam of
very descripling transced.
Sala Dapoli Bozer (various sises) si a parİY
swaki að fram. 15 to 140
LOOK POONG SHAN,
Chief Manger.
KUALA KANGSAR
MEDAN
NEW YORK
PENINO (Fing)
PENARO
RASUDION
100%
BEMABANO
ЯУЛЕННАЯ
SHANGHAI
SINOPSKE
SETIAWAN
TAIPINO
THE CHINA
THE HO HONG BANK, LTD.
(Established 1817.)
HEAD OFFICE:-SINGAPORE Hong Kong Branch: 13, Queen's Rd. C.
Authorland Capital Straits $20,000,000 Issued Capital
8,000,000
Paid-up Capital ... Reserve Liabilities
of Shareholders
Surplos
*i 4,000,000
4,000,000 2,697,000
Branches, Agenclos and Correspon dente in the principal cities of thr warld
Erary description of Banking and Exchange business transacted.
TAN ENG anot,
Manage
THE NATIONAL CITY BANK
OF NEW YORK.
HEAD OFFICE: $5, Wall Street. NEW YORK.
Capital, Surplus and
Undivided Profits U.S.$225,847,480.11
Branches fax
SOURABAYA
TIENTHIN
ARGENTINE
TOROKAJE (Bhulek
BELGIUM
IXOTAO
POROBAMA
BRAZIL
ZIMBOANGA
CHILE
CHINA
COLOMBIA
CUBA
DOMINICAN
REPUBLIC
INDIA ITALY
Exchange and Gonera
Banking business transseted.
Current Accounts spened and Fix- | ed Deposits received for one year or shorter periods at rates which will be quoted on application.
J. STUART,
Manager.
Hong Kong, 11th April, 1932.
NEDERLANDSCHE HANDEL- MAATSCHAPPIJ, N.V.
(NETHERLANDS TRADING BOCIETY)
DANKEBA.
Billabed' 1894;
Hong Kong Gidemtim11, Qenio's Road Central.
Authorised Caplial ....... Osliders 150,000,000- Pald-Up Capital on Gailšure 80,090,00. Reverte Food................................ Gallāhrs (3,018,000-
Read Umes:-AMSTERDAM". Eastern Head Oos-BATAVIA. Branches:—Bandjarmaslo, Bandoeng”.
Bombay Calcutta, Charbon, Date, Djok jakarta", The Hague®, Jiddah, Kobe, Makasar. Maian, Palembang, longan, Penang. Bangoon, Balterdam". Bemarang",, Shinghal Slampore, Boers bala, Boerakarta (Solo), Tagul, Tatja and Waltercedes".
*Ibras oss have Hada Deposit Bonne to Lal.
LONDON BANKERS :— NATIONAL PROVINCIAL BANK LTD,
Carrependentes all over a world. Banking Bual- ates of stary description inovasied.
A. STOKSIME.
Hang Rong, 1st December, 1981,
THE
JAPAN
We
are
LONDON
MEXICO
PANAMA
PERU
PHILIPPINE ISLANDS
PORTO RICO
SETTLEMENTS
STRAITS
URUGUAY
VENEZUELA
Commerce and Finance
A New Industry For Malaya
Modern Brewery Plant In Singapore
per year and
3
own
WEDNESDAY, APRIL 13, 1932.
ECONOMIC CONDITIONS IN U.S.A.
THE GLASS - STEAGALL BANKING BILL.
The March review of the National, presenting the repayment of the ex- City Bank of New York states:-- cessive debts incurred during the
The month of February haa boom years, this tanding to ease been another period of slack trade credit and constituting one of the and disappointing performance by classic precedents to business re the major industries, which have covery. Since foar assumed Con- not shown the seasonal upward trol, however, credit co traction movement expected with the ap has been of different character, and proach of Spring. In the markets, with different effect upon the situa however, and in the Indexes to tion. public sentiment provided by the It has been forced by the with. number of bank failures and the drawal of bank deposits, by the volume of currency in circulation, abnormal demands for currency the showing has been better. which have been a drain upon the Both security and commodity credit base, and by the protective markets responded at once to the policies which these demands com- hopes of Improvement afforded by polled bankers to adopt. Thus the the introduction of the Glass-rapid contraction during the past. Steagall Bill. Likewise, the num-few months has not eased credit but
Malayan Breweries Ltd, are the ad and constructed to accommodate pioneers of a new industry In the relevant specific machinery. Malaya. Fraser and Neave Ltd.,
Installing Machiney, Finanzgesellschaft fur Brauerefun- At the present time the buildings ber of banks forted to suspend dur-has tightened It, and has set in ternehmungen (Zurich)' and Heine-are nearing completion and by ing the month has been very much motion the vicious circle of liquida- kens Bierbrouwerij Maatschappij virtue of the co-operation between smaller than in January and Decem- tion of bank assets and other assets N.V. (Holland) were responsible for the various experts, the machinery ber, and the amount of currency in which has affected all markets. the formation of the company in is now being installed concurently use has declined somewhat giving, The situation outlined has con
of the destituted for some time a national the capital of which many local sub-with the progress of the building evidence of relaxation scribers have participated,
mand for hoarding purposes, which emergency. | operations.
With respect to the of Importations of beer into Malaya The manufacturers of the machi- has been a principal cause of credit business situation, the effects are approximately millionnery have provided
strain. their
fear have nullified the
progress Commercial and Travellers' Letters gallons
Although judgment as to the auf- made through absorption of sur brewery ataff to complete the erection in of Credits, Travellers Cheques, Bills with a capacity of half this volume Singapore.
At the present time ficiency of the Glass-Steagall Act plus goods, repayment of debts, re- of Exchange and Cable Transfer: bought and sold.
can operate successfully. Current accounts
there are ten Europeans so engaged, and the other stops which have been daction of costs and selling prices. and Savings Bank accounts opened The three companies mentioned and each man is an expert in his taken in support of credit cannot If fear can be made to give way and Fixed Deposits in local and for have proved by scientific and prac-own particular sphere.
yet be final, the improvement cited to confidence there is good reason eign currencies
taken at rates that tical tests that by using the latest The machinery is divided into five is clearly an important one, touch to hope that the notable progress the Banascertained on application to and best machinery and equipment, main sections: brewing, refrigera ing upon the business situation at made by business men in dealing with their own problems will bear also able to offer our Casnd employing the finest selected tion, storing, filling and generating. its weakest point. tomers the services of the Branche hops, malt and other raw materials, The brewing plant has been sup-
Until a check can be applied to fruit in business recovery. of the International Banking Cor- beer, comparable in quality with piled by Zieman & Co., of England the disastrously rapid contraction Elimination Of Fear. poration in Spain and also of Tho
which necessitates be and Germany. Most of the import of credit,
It will be clear that a programme National City Bank of New York pay produced in Europe, can (France), 3.A., in Paris and Nice. brewed here.
ant breweries in England and on the liquidation of all kinda at sacrifice for the elimination of fear from R. M. MCLAY, The company was incorporated in continent have been equipped by prices, important trade improve the economic situation must, fret,
Manager. April, 1931, and immediately ac-Zieman and Co.
¡ment cannot be looked for. give support to the credit-granting Hong Kong, March 1, 1992.
quired a site of over five acres oft
A National Emergency. The refrigerating machinery and
institutions upon which feat сеп- Alexandra Road, near the brick-jequipment have been supplied by, Until the latter part of 1931 the tres; and, second, deal resolutely THE BANK OF TAIWAN, LTD. works, and an adjoining site of Sulzer and Co., a Swiss firm of high contraction of bank credit was gen- with these remaining problems of
about two acres for roads and staff repute. (TAIWAN GINKO.)
The storage tanks are of erally of voluntary character, re-readjustment which are recognised quarters.
the world-famed Pfandler type.".
by general opinion as important, Plans Prepared In Europe. They are huge steel structures lined it is anticipated that the com- and therefore influence confidence.. Plans for the building were pre- with glass.
'pany's products will be 09 the The need to balance govern. pared in Europe by a committee of The filling machinery and sub-market by the end of the year. mental budgets of all kinds, begin- the experts on the permanent staffs sidiary plant and the generating Fraser and Neave Ltd. will be re-ning with the Federal Government,
Golem Bank in Formosa.
of the two brewing, organisations units have been supplied by various sponsible for the distribution becomea greater than ever when the previously mentioned, in collabora-English manufacturers who special throughout Malaya, Siam and the public credit is brought to the sup BRANCHES AND AGENCIES (
tion with Mr. Godfrey Lutz, JAPAN-Tosto. Yokohama. Ecke, Onaka.
anise in this type of plant.
Dutch East Indies, and as they, for port of private credit as la being PORMUSA:-diran, Exgi. Kanako, Reston architect who has specialised in In any brewery refrigeration is their own aerated water business done through the Reconstruction
Makour, Facto, Balschlks. Taichu. Tainan, brewery design and construction. an important factor, particularly so operate Takso, Tammui, Town, Helto, Taito,
a house-to-house delivery Finance Corporation; and in the CHINA-bangal, Backow, Amay, Poochbow, In addition to embodying the in the Tropics. Good Pilsner beer, organisation the success. of the present prostration of business the
Swator, Co. OTHERS-KA
latest developments in brewery after manufacture, la stored for a company's selling and distribution desirability of keeping down tax Singapore, Boerabaya, Bemarang, Batavia, Bombay, London, New architecture, the plans contain considerable period before it is seems assured.
increases by cutting expenditure is numerous features which
the ready for consumption. It must be A unique distributing organisa-obvious. Zurich company, which has a con- stored at a spectac temperature tion alone is not sufficient to ensure Cost reduction is an endloss need, trolling interest in a desen different with infinitesimal variations.
success. Quality and value are es-and a successful outcome of the The Beak bus Correspondents in all the principal breweries, have proved desirable. Special Refrigeration. sential factors. It is the intention prezent efforts to negotiate build. The building in being erected by The company's main building has to produce a beer equal in quality ing wage reductions in the large Messre Gammon (Malaya), Ltd., approximately half of its rooms into the best brewed in England or on centres seema assential to revival under the supervision of Mr. God-sulated and equipped for refrigera- the continent and to sell it at a in that industry. Finally, the task frey Lutz, who came from Europe tion and it is so essential to main price lower than is now charged for of fitting reparations and inter- for that purpose and who will retain a specific and regalar tempera- imported beers.
governmental debt payments to the
HEAD OFFICE:-Taipeb, Formosa.
Incorporated by Special Imperial
Charter, 1899.
Baak Notes iewed Average Amous Yen. 45,000,000
Manager,
Fark, Piren.
AMERICAN EXPRESS COMPANY. INC.
.U.S.$4,000,000 ...U.S.$1,572,454 ..U.S.$1,908,209
LONDON BANKSRI:
Barclays Bank Ltd.. Lloyds Bank, Ltd.. Midland Bank. Ltd., Westminster-Bank, Lid.
Commercial Contra terughout the world.
E. NAGURA,
Капира
THE MERCANTILE BANK OF
INDIA, LTD.
HEAD OFFICE:
15, Gramchureb Bersel, London, E.C.A.
pleted.
main until the buildings are com-ture that a duplicate emergency re- The master brewer, the assistant present situation, and of readjust- frigerating unit and power plant brewer and the brewing and refri-ing tariffs in such manner as no From the time the plans were have been provided in case of any gerating engineers have already longer to stifle international com- commenced lalson has been main-breakdown.
been engaged. Each is an expert merce, is still to be undertaken. tained between the architect, the de- The structure are imposing. The of proved ability,
Among all these matters the signing committee, the brewing ex-main building, containing seven £3,000,000
No effort is being spared to credit situation, within this coun- 1,800,000 perts and the manufacturers of the floors, will be one of the highest in supply the public with a high-class try obviously - takes procedence.
machinery. ....... 1,050,000
As a result engine em- Singapore.
demands product at a
credit Reserve Fund & Rest. 1,217,927
reasonable price and Panicky placements, machine beds and pipe- The European staff
threatening the of brew most people will wish Malayan institutions, lines are embodied in the original masters and other technical experts Breweries Ltd. all the success their solvent along with the insolvent, construction and the various rooms will be accommodated on the alte enterprise
Straite and chambers are specially design-in two blocks of modern flats.
THE BANK OF CHINA, 行銀國 中
Head Offee:-65, Broadway, New York.
-
HONG KONG BRANCH:
1. Den Vux Road Central Hong Kong. December 21, 11.
Reorganised October 28, 1928, todar
Capital
special charter of The National Gov- ernment as an
Surplus
Reserves
INTERNATIONAL EXCHANGE
BANK.
BRANCHES-
Babsribed Capital
.$25,000,000.00
Authorised Capital
Pald-Up Capital ....
$24,710,200.00
Amsterdam Anima Lati
GADE
Kize
Glasgo
Naple
Subscribed Capital
BALD
Nieu
Paid-up Capital
Reserve Funds
.$ 8,820,403.82
Beni
Timburs
Faris
Barlig
Havre
Bistrita
Interlaken
Paking
HEAD OFFICE: SHANGHAL
1300 by
Jazuvalam
Bened
Lido
Paleruar Bolendam
The Bank of England & Midland Bank. Ltd.
Loodoo
HONG KONG BRANCH:
Liverpool Lucerne
Bangkok Baterie Bo
Ipah
Penang
Kandy
Port Louis
Karachi
Lugane
LA
પ્ર. પુનમ
Catoutla Colombo Delhi Dalia
Kota Bharu
Kunis Lipis
Kuala Lumpur
Hoat Kok:
4, Queen's Road Central.
Owing to our numerous branches in Ghins 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 other Pablle Funds of the Chin- eee Government both at home and abroad.
SHOU J. CHEN,
Manager.
Hoor Kong, 6th March, 1981.
THE YOKOHAMA SPECIE BANK, LIMITED.
Established 1880.
Capital (fully paid-up) Yen 100,000,000 Reserve Fund ......Yen 117,800,000
Head Office:--YOKOHAMA.
Branches and Agencles at:
Nagasaki Nagoya Newchwang
Alexandria Batavia
Barin
Bombay Calcatta
Caton
Changchun
New York
Quaks Paris
Peiping
(Daing) Bangoon
Bertien (Mukdan) Rio de Janeiro
Hamburg Hankow Harbin
Trong Kong
Honoluia Kalyven Katical
Los Angeles
Intant allowed
San Francisco Battle
Semarang Shanghai Shimonoveld. Singapore
Tientsin
Tokyo
Current As
Bru
Buenos Aires
Viro
Cleyt
Садние
Caterha
20
Mat Contantinopte Monte Carl Coparkiran Kaila Edinburgh Munich Pioraco
Sear
Montreux
*210*
Sambal
Shanghai Southampton Singapors
Tegals
Vienas
Yalon Yokohama
Branches of American Express Com pany in Principal cities of United States of America and Canada,
All classes of Commercial Banking Transactions undertaken.
Personal handled.
investment socounts
The Company offers to intending Travellers the use of its "Travellers Choquer" and Letters of Credit and, ta addillon, the world-wide services of its thoroughly equipped Travel Departme t
E. W. DUGGAN,
Hanager.
Howrah
BANKERS:
BRANCHES:
{Mauritium) Rangoon Shanks! Sim
Kuantan (Fabang) Bingapore
Medres
New York
Bourabaya
HONG KONG BRANCH.
Every description of Darking and Exchange buni.
es transseted.
Travaliers Cheques izsusd.
Trustoe and Executorships under- taken.
INTEREST allowed on Current Accounts and Fixed Deposits as Rates that may be ascertained, on appliation.
J. B. ROSS,
Manage: 1, Queen's Road Cantel.
Hong Kong. 7th April, 1982.
Bring Your" PRINTING
Problems to US
THE NEWSPAPER · ENTERPRISE LTD.
OMINA, MAIL #SJDM, SA. WYRDMAN (RT
THE BANK OF EAST ASIA, LTD.
Established 1918.
HEAD OFFICH:
-10, Des Voeux Road, Central HONG KONG
Capital and Surplus
Total ResourceE
evar Ha 8,009,000.00 (*** over H.930,000,000.00 Every description of Banking and Frchange business transacted."
Current and Fixed Depoel Accounts in local and for- sign currencies opened for cilenta.
Savings Account and Safe Deposit Bozás, Brancher und Agemales all over the world,
KAN TONG PO,
[reist
11610
inker
$25.0
ห
מנט
ESO
1143
DESH
Times.
A.O.FC. Auorago of Shanghai Stocks
103
REPRESENTATIVE
IVOLKS
warrants. -er
frese
upon
make the credit system an element of weakness instead of the factor of strength it should be, supporting business.
To reverse this situation and to stay the decline and promote re- covery the Glass-Steagall Act, the most forceful step yet taken, and the Reconstruction Finance Cor poration, provide machinery suit- able to the emergency.
NATIONAL COMMERCIAL & 'SAVINGS BANK, LTD.
•
་
The balance sheet of this Bank for the year 1991 has been fagu- ed. A condensed statement of condition as on December 31, 1981, is as follows:-
:
Liabilities.
Capital Authorized, $5,000,000; Issued and Subscribed Capital, $2,572,600; Deposits, $10,897,957.80; Drafts Payable. $234,966.89; Ac- counts Payable, $157,734.91; Cus- |tomers' Acceptances, etc., $1,817,- | 677.30; Other Liabilities, :$3,800,-
630,90,
Assets.
--- Cash on Hand and at Bankaze, $9,445,988.10: Loans and Over- 'drafts Less Reserve, : $7,077,450.29; Property and Investments, $2,166,-. |002.41; ¦ Bills – Rocóivable, $286,-" The American Oriental Finance somewhat reserved sentiment Infis no doubt that prices will ad- 762.39; Accounts Receivable, $562, Corporation report as follows: the market. The foreign trade vance as soon as the pressure due 716.87; Customers'
Acceptances, Trading was resumed on the situation forms another source to the tangled political situation etc., $1,317,677.86; Other Assets, Shanghai Stock Exchange on April problem that awaits clarification will give place to business cou- 88,684,291.80. 1, after a two month's standstil. Strong fluctuation in ailver ex-fidence. The markot as measured by the AO.F.C. Average touched the low est point for 1981/82 on April 4,' but indicated a better tone on the following day,
change renders the placing of Statistical record of the transactions on a sound basis in- A.0.F.C. follows →→ creasingly din
2 Jan. 80, 1982 23.06 stood in the High for 1981/82
the
The obstaco way of the, nor the pca); altuation's be relieved by
the Joint Reserve Board.
The uncertainty reg polition! Inanas, that are in the forefront naturally are causing
IID. CERTIFICATES
Messrs. A. Goske Colocal - Sept. 19, 1981 28.66 agents for the Societe Internation- Low for 1981/32
Apr. 4, 1982% 21.88 us that fa Apr. 6, 1982 21:41 In Baile.
No comments yet.
Private notes are available after approval.