W
BANKS
HONG KONG AND SHANGHAI BANKING CORPORATION.
ambered Deplial, man as causas. 849,900,000 Crime and Fully Paldenstein 2,001,301 Bossero Bunde im
$ 1.500.000 +420,600.000
marya Tánbůžvy of Proprietors ... $24 108, 200
MIKAN OFFICE; HONG KONG,
-
AD OF DIRECTORI ---
Man. Mr. J. J. Patarobe.
Ohairman.
↑. & Fource, More
Bapaky Uhairman.
Mr. W. E. Dell, J. & Flummer, Jes.
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA,
THE
CHINA MAIL.
THE HO HONG BANK, LTD. COMMERCE & FINANCE.
(ketuhMahad 1017.)
HEAD OFFICE:—SINGAPORE
| Bong Kong Branch: 13, Queen's Rd. C
Authorised Capitul. Straits $20,000,000 Issued Capital .... Paid-up Capital
Incorporated by Royal Charter, 1853. Reserve Liabilition
of Skaraboldara
Burplus ****
8,000,000
4,000,000
4,000,000 2,687,000
Branches, Agencies, and Correspon. dente in the principal cities: of? the
Development In North Borneo
Resources Of Empire's 'Fairest Jewel"
FRIDAY, MAY 27, 1952,
try was still under native rula. It DOLLAR UNCHANGED
was he who conceived the Idea of opening up the fertile areas of the west coast and interior by means of à railway, and of attracting capital for planting those areas by offering to guarantee dividends during the non-productive period and to grant immunity from export duty for a period of 50 years.
£4,000,000 Capital.
Silver Up in London
and New York.
The Hong Kong Dollar was un- changed yesterday at 1& 2d. in spite of the rise of silver in Lon don and New York. The local It is computed that as much as market was steady, but there was
British, has been embarked on the
Silver advanced in London rubber Industry in the territory: and China banks bought and sold,
.£3,000,000 world description of Banking and TIMBER EXPORTS TO HONG KONG £4,000,000 capital, almost entirely little, business.
HEAD OFFICE: LONDON.
Paid-up Capital
.80,000,000
Reserve Fund
Reserve Liability of Pro-
prietors
£2,000,000
ኣነ
Agencies and Branches:
ALOR BIAR
AMRITSAR
KUCHING
BANGKOK
KABRAS
BATAVIA. BOLEBAY. CALCUTTA GANTON
MANILA
MEDAN
NEW YORK
PIPINO (Paking!
PENANU
Compton, Log.
1. A. K. Bad, Big
ru, T. Johnton, K«q.
3. 2. Warren, Tog
Mun, Eng.
T. M. Graybura, Zeg.
Jalal Manag
CAWNPORN OZBU DOLOMBO
SAIGON
DELHI
SEMARANG
SEBERBAN
ABANDERA —
HAIPHONG
HAMBURO
RANGOON
SHANGHAI
Exchange business transacted.
TAN ENG HOOL,
Manager
THE NATIONAL CITY BANK OF NEW YORK.
HEAD OFFICE: 55, Wall Street,
NEW YORK.
Capital, Surplus and
Undivided Proâts U.S.$225,503,775.
Branches In
ARGENTINE
LONDON MEXICO
wore at a premium of $429 per $1,000.
At the northern end of the vast island of At the end of 1980 the area under while India was a small buyer on
is set this form of cultivation was over a steady market, Borneo the third largest in the world one of the fairest jewel of the Colonial Empire, Bri-109.000 acres, including 38,000 acres
In New York silver also went up. in native ownership.
with the market steady. tish North Borneo, (writes Mr. W. J. Worth, In its immense forest resources
At the local Chinese Exchange, F.R.G.S., in the "Crown Colonist"). No bigger than the State possesses a most valuable last evening, Canton Central Bank asset Its claim to rank as an im- notes were quoted at 54.4 per cent. Ireland, it is a singularly beautiful and fascinating portant timber-producing unit of while Hong Kong dollar notes, in country, with enchanting scenery, a pleasant and the Empire is becoming increasing exchanged on 1 annar note, in
merits of equable climate, an imposing array of fauna and ly recognised, and the
touch representative timbers flora, and a diversity of native races who still re-Borneo Ironwood (billian)-one of tain many of their primitive tribal customs.
the strongest and most durable known and Borneo cedar (seriah),}, bearing meantime with good grace a wood with a pretty grain and The subtle spell which it weaves the pinch of adversity. The expan easily worked, are extensively ap around Europeans called upon to
alon of the rubber industry in the preciated. The bulk of the timber to-day were: make it their abode has earned for State is due in a large measure to shipped from the State goes to SETTLEMENTS it the apt description "stealer of URUGUAY
the initiative and resource of the Hong Kong, but a fair proportion hearts." The purpose of this article: VENEZUELA
late Mr. W. C. Cowie, one of the is absorbed on the London market, is not,
however, to portray the
At two o'clock this afternoon the Commercial and Travellers' Letters charms of this far-off land, but to early pioneers who established a and there is a steadily developing of Credits, Travellers' Cheques, Bills deal with the more prosaic subject present-day capital, while the coun-Eastern markets.
trading station near Sandakan, the demand from Japan and other London on New York cross rate of Exchange and Cable Transfers of its commerce and industries.
was quoted £1—G$3.69.—Reuter. bought and sold. Current accounts
LONDON
KANKOW
SINGPORK
DAMO KOK
LIONE
HARBIN
SITIAWAN
EING TONG
BOURABAYA
BATAVIA
:
MALACOA
ILOILO
TAIPING
BOMBAY
MANILA
IPOR
TIRKTSIN
SALOUTTE
MDAM (Johse
KABAUHI
TONOLAH (Dhaka)
BELGIUM
ELANG
TRINGTAO
BRAZIL
TELUTON
MUKDAN
KOBK
YOKOHAMA
CHILE
NEW TOBI
PELPING
KUALA LUMPUn
CHINA
BEN
POOCHOW
COLOMBIA
DOMINICAN
**REP
FONSAGEDO
MADPHONG HAMBURG KANKUW
MARRIN
MỮNG
LEOLLO
PON
КОНД
W
KOWLOON
UALA LUMPU
PENANO
BANGOON
SAIGON
RAN PANOLSDU
SHANGHAI
SINGAPORE
HOURABYA
BONGZI PATAH!
TENTSIN
TOCTO
TRIXOTAO
YOSOBAMA
Warren korouble opened 1 LOU CO
and Pized Deposits received for one your or aberse partof is Look Curreboy and Aberling berta which will be quoted on applimilia. Hong Kong, 5th April, 1932.
HONG KONG SAVINGS BANK.
The Bulboss of the shova Bank is conducted the HONG KONG AND SHANGHAI BANK iko NAMRATION. Bu'ee may be obtained
appēkratian.
JOR THE HONOKONⱭ AND SHANGHA BANKING GORPORATION,
V. M. ORAYBURN,
Chief Manager.
Hong Kong, 7th February, 1933.
THE BANK OF CANTON, LTD.
Katabilabed 1913. .
Head Often-Hong Kong. Aharleed Capital (ELX. Currency] ---$11,998,500
BRANCHES :-
1,100,000
Canton, Bhanghai, Hankow, Hwadow, Bangkok, New York sad Ban Brandon.
LONDON BANKERS:—
The Cloyds Bank, Arted. CORRESPONDENTI
La all yelocipal cities of the World.
Felgi Bolange and busking banner of
every discription framanekoč.
Male Deposit Bazsa (various sisse), a poud?
remind of Trout $1 to $43.
LOOK POONG SHAN,
Chief Manager.
THE BANK OF CHINA.
行銀國中
Reorganized October 28, 1928, nader
pecial charter of The National Gov- erement as an
INTERNATIONAL EXCHANGE
BANK.
Subscribed Capital
Paid-up Capital
Reserve Funds
$25,000,000.00
..$24,719,200.00
$ 2,820,508.82
HEAD OFFICE: SHANGHAL
HONG KONG BRANCH:
4 Queen's Road Central.
thetour to our numerose branches in China and large connections in the Important commercial centres of the world, we are able to extend to our ellenia special facilities for domestic and foreign banking and exchanges.
We also handle the issue of Bonde and other Pubile Funds of the Chin se Government both at home and sbroodan
*
SHOU. CHEN,
Manager.
Hong Kong, 5th March, 1981.'
THE TOKOHAMA SPECIE BANK,
LIMITED.
Established 1889.
Capital (fully paid-up) Yen 100,000,000 Kilters Fund ....................Yen 117,800,800
Mond OficenYOKOHAMA,
and Agencias at:
Nagasak!
Nagoya Newchwang
·New York Osaka
Jalay) Bangoon (Makdan) Bio:de
Kong
San Francisco
KUALA KANGSAR ZAMBOANGA
Foreign Exchange
and General CUBA
Banking business transacted.
Current Accounts opened and Fix- REPUBLIC ed Deposits received for one year of INDIA shorter periods at rates which will be ITALY
JAPAN quoted on application.
J. STUART,
Managor.
Hong Kong, 11th April, 1932.
THE NATIONAL COMMERCIAL
SAVINGS BANK, LTD.
CURRENT ACCOUNTS. Cheques Cashed in 15 minutes while you wait.
SAVINGS ACCOUNTS We offer good rates of interést.
TOTAL RESOURCES $19,000,000
EFFICIENT-TRUSTWORTHY—
RELIABLE COURTEOUS.
144-150, Des Voeux Rd. C.
NEDERLANDSCHE HANDEL-
·MAATSCHAPPIJ, N.V.
(NETHERLANDS TRADING SOCIETT) BANKERA
Established 1294,
Hong Kong Odion (-11, Quavo's Bowl Cantat.
Authorised Capital ............. Quilders 130,000,000- Pild-Up Capital ammortems Outllars 80,000,000- Bessers Fuad nagm Gyliders 40,018,000-
Head OfAMSTERDAM".
Exataen. Bland Oost-BATAVIA.
Brazoba --Blandjaesanais, Bandoeng", Bombay,
Calou Charlban, Djambee Djak The Bagus ddah, Keba
Makumar, Medan, Palembang, Paka
PANAMA
PERU
PHILAND
PORTO RICO
STRAITS
(and Savings Bank accounts opened There is little doubt that when And Fixed Deposits in local and for- the late Sir Alfred Dent, whose fore-A eign currencies taken at rates that sight and perseverance won North
& be ascertained on application to Borneo for the Empire over half a
the Bank.
We are also able to offer our Cas-century ago, first contemplated the tomers the services of the Branches acquisition of the territory, he was of the International Banking Cor-as much influenced by the prospect poration in Spain and also of The of turning it to profitable account National City Bank of New York
as by that of con- (France), SA, in Paris and Nice. R. M. MCLAY,
summating so ambitious a project Manager. as the creation of a modern State. He had only to turn over the pages of history to discover that at one
Hong Kong, May 12, 1982.
THE BANK OF TAIWAN, LTD.
(TAIWAN GINKO.)
HEAD OFFICE-Taipeh, Formosa
Incorporated by Special Imperia} Charter, 1899.
commercially
time North Borneo had been a land of plenty, thriving and prosperous, and that it owed its relapse into barbarism to the cupidity and mis- government of its native rulera.. A Formidable Task
It's
here,
To redeem the country from the state of chaos into which it had was a formidable under- taking, but he realised that the task)
Central Bank in Formosa, Bank-Notes Insund Average amount ...Yan. 48.000.000 drifted
BBANCHES AND AGENCIES:
JAPAN :—Toykė, Yakchama, Koba, Osaka,
FORMOSA-Giren Kagi, Karenks, Taalung, had to be accomplished before he:
Makong, Nants, Shisoblu, Taichu, Tainan, Falso, famisi. Toes, Hella, Talto."
| CHINA :--Shanghai." Hankow, Amoy, Foochow
Bwatow, Casion.
could hope to attract the capital necessary for its industrial develop-
OTHERS :-Hong Kong Singapore Bourabayment. The plans which he lald
Batarang, Batavia, Bombay, London, New Yock, Dairen
LONDON BANKERS:
Barclays Bank, Ltd., Lloyda Bank, Ltd., Midland Bank,' Lid. Wantminster Bank, Lu.
succeeded beyond expectation; al- though four years elapsed before the Charter was granted and the British North Borneo Company was
The Bank Gerpondents in all the principe formed to take over the administra- Commercial Canin tärnughout the world.
HONG KONG BRANCH:
K. NAOUDA,
Manga.
4. De Your Boad Central. Hong Kong. December H. 1981..
FOR
las gab Penanta Rangoon, British Instruments
Semarang", Shanghai," finprpers, Boers. bala, Boneskarta (Bolo), Toghi, Tillstjap and Walteradan“,
*These offices hate.Bada, Deponit Bez No Lo
J
LONDON BANKESS :~~-
NATIONAL PROVIXOTAE BANK LTD:
British Music
British Composers
Cormepondents all ere the world. Baking Bad British Publishers
sum of avery fasoription, transected.”
A. STOKKINK,
Hong Kong, 21 Decembar,' 1981.
THR
· songer.
AMERICAN EXPRESS COMPANY.
INCENDO
·Best Ofice:--85, Broadway,
-New-York.
.U.A$6,000,000 .0.8.$1,572,454 .US$1,008,ŽOS
Capital
Surplus Reserves
Blacziba
·Havana Hairy
Loigrlakem
BRANCHES --a
Naples
Parts
sches of American Mapress Com- pany. "'"in" Prinéinat öltias of United |States of America and Canada.
All classes of Commercial Banking, Tranisations undertakan9/
Persona handled.
British Pianos
SEE
OUR WINDOW DISPLAY
FINEST COLLECTION OF EVERYTHING MUSICAL
IN
·SOUTH CHINA.
TSANG FOOK PIANO
COMPANY.
8. Des Voeux Road, Central,
(Entrance Ice House Street)
Telephone 24648,
FOR SALE.
POSTAGE STAMP CATALOGUES FOR 1932
from S STANLEY GIBBONS
Part L.. Part II.
$5.25
$8.00
Ivert & Tellier -
Brotf, Stamp & Co
GRACA
In Postage Sta
PhilKtello?
tion, the stardy Englishten whom he posted at the chief centres in the country had during that time made considerable progress in restoring order and tranquillity.
With the appointment in 1881 of the first Governor, Mr. (afterwards Sir) W. H. Treacher, and the intro- duction of A carefully devised scheme of government, the дому State was placed on a stable foot- ing; while in its armed constabulary it possessed a weapon capable of dealing with any Insurrectionary
threatened movement which hinder its peaceful development. A few years later, by the conclusion of the Protectorate Agreement with the British Government, North Borneo was rendered secure against foreign aggression. AY
to
The instructions issued to Mr. Treacher in 1881 thus described thei objects of the British North Borneo Company: To`maintain an efficient form of government; to encourage lawful commerce dr trade, to civilise and ameliorate the condition of the natives; to maintain order and security for life and property; to prevent all forms of slavery, to en- |courage immigration, and generally to take all possible steps to promote
the development of the agricultural,
commercial, and mineral wealth of the territory."ed to appunt
How far the company has suc- ceeded in its object of encouraging | trade and commerce may be judged from the fact that the value of exports rose from £27,270 in 1881 {to-£1,049,472 Ju 4930; while that of imports increased during the sams period from £80,128, to 27,44,729, Exports reached their peak in 1925, when they stood at $2,088,500; ini- parts were at their maximum, $1,284,488, in 1920, as the result of the post-War inflation of prices. In spite of the world-wide Industrial depression, which is felt as keenly in Borneo sá elsewhere, the margin: of exports over imports in 1980 was.|| substantial, ALWAY
dependent for its mainly on the
tral and
HONG KONG
LONDON SILVER PRICES.
London, Yesterday, Closing silver prices in London
May 25 May 26
16%
16%
Spot.......16.15/16 Forward...16.15/16
THE
1932
ISSUE
OF THE
DOLLAR
DIRECTORY
NOW ON
ON SALE
AT THE OFFICES OF THE PUBLISHERS,
3A WYNDHAM STREET.
ALSO ON SALE
AT
WHITEAWAY, LAIDLAW & CO- BREWER & CO. KELLY & WALSH, LTD. EXCELSIOR BOOK STORE
YEE
KELLY SAY
DON'T
FORGET
TO PROCURE
YOUR COPY EARLY
PRICE
$1.00
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