1932-07-14 — Page 2

BANKS

HONG KONG AND SHANGHAI “ BANKING CORPORATION.

Authorland Capital. 850,000,000 Ind and Fully Paid-up 20,000,000 Rosser Funda:-

drongarm $300,000

110,000,00

Sharling

Liability of Proprialors 130.000.000

HEAD OFFICE, HONG KONG,

BOARD OF DIRECTORS:-

Hon. Mr. J. J. Prisenon.

Dhairman

7. 8. Zenon, Loc. Deputy Chairman.

Eva. Mr. . H. Bali, ... Compton, Eng

16. 3. Jakkson, Engi Al. Miskia, Zaju,

AMO?

BANGKOK BATAVIA BOMBAY

CALCUTTA

J. A. Mustme

1. I. A. Shaw, I

3. 2. Warren, Beg.

V. M. Grayburn, Eng.

Chist Manag

BRANCHES (–

LONDON

LYONS

BEALACCA MANILA

MUAR (Jobore)

MUIDEN

PEITINO

PENANO

CANTON

CHR700 COLOMBO

NEW TOBE

BAIREX

PODONOW

MANGOON

HAIPHONG

SMOON

HAMBURO

FAN FRANCISCO

HANKOW

RHANGELAI

HAHBIN

SINGAPORE

ΠΟΝΟΚΕΦ

BOURABYA

ELOILO

SUNORI PATANI

[POE

JOHOR

KODE

KOWLOON

KUALA LUMPUR

TIENTSIN

TOKIO

TAIKOT40 YOKOHAMA

Curreal Account spened in Local Commo

and Fixed Deportia received for one year de shorise periods in Local Compsby and Starting ma forma which will be quated application. Bong, Long, 5th Apell, 1982.

HONG KONG SAVINGS BANK.

The Zulares of the abors Bank in confusied BONG KONG AND SZATOHAI BARK- SCOTOBATION. Ba's may be abillard 100 application.

FOR THE MONOKONG AND BHANGHAI BARKING CORPORATION,

V. M. GRAYBURN,

Chad Mang

Hong Kong, 17th February, 1932.

THE BANK OF CANTON, LTD.

Established 1912.

Head Ose-Hong Kong-

Authorized Capital (H,K. Ogrineg) ... 612,500,000 Pald-Up Caplis 8.600,000 Besarra Fund...

Chris 1,100,000

Canton

BRANODES-

Shanghai, Baskow.

Bangkok, New York:

LONDON BANIZAA:-- The Lloyd's Bank, Elmitad..

CORRESPONDENTS

En all principal: altine of 1kg: World,

Blo Pranolson.

Försign Exchange and Muding Dealmand of vacy scription acted.

Bale Dapali Bones (various slam) në`n poety

restal of from 14,60 $40, g

LOOK POONG SHAŃ,

Chief Manager.

THE BANK OF CHINA,

行銀國

Reorganised October 26, 1928, under

special charter of The National Gay- arament as an

INTERNATIONAL EXCHANGE

BANK,

Subscribed Capital....$25,000,090.00 Paid-Up Capital $24,710,200.00 Reserve Funds

.$8,820,508.82

HEAD OFFICE: SHANGHAI.

HONG KONG BRANCH:

4, Queen's Road Central.

Owing to our numerous branches in China and large connections in the im- portant 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 Public Funds of the Chin-

THE CHARTERED BANK OF

INDIA, AUSTRALIA & CHINA.

THE HO HONG BANK, LTD.

(Established 111KAZ

HEAD OFFICE:---SINGAPORE.. LOCAL BRANCE:--

13, Queen's Hand Central

Authorised Capital · Straits $20,000,000 Laaned Capital

Paid-up Capital

Incorporated by Royal Charter, 1853. Reserve Liabilities of

HEAD OFFICE: LONDON.

Paid-up Capital

Reserve Fund

Reserve. Liability of Pro-

priators

..£3,000,000 ..23,000,000!

.$3,000,000

Agencies and Branches:

KUOHIO

MADRAR

MANILA

MIDAN

PHIPING (Paking).

PENANG

ALOR STAN AMRITSAR BANOKOL BATAVIA BOMBAY CALOUTTA GAETON

ОДИРОВИ CEBU

COLDWO

DEEHI HAIPHONG HAMBURG HANKOW

HARBIN

: HONG KONG

NEW YORK

BANGOON

Shareholders

8,000,000

出路 4,000,000

4,000,000

THE CHINA MAIL:

Commerce and

mic Finance.

BRANCHES and AGENCIES in the GLOOM SPREAD BY | BRITAIN'S TRADE IN

principal cities of the world.

Every description of Banking and Exchange business transacted.

KO LEONG HOE, Managing Director.

THE NATIONAL CITY BANK OF NEW YORK.

HEAD OFFICE: 55, Wall Street, NEW YORK.

Capital, Surplus and

Undivided Profits U.S.$225,503,775.00

Branches in:

ARGENTINE

LONDON

БЛІСОН

BEMARANG

SERENDAN

SHANGHAI

SINGAPORE

BELGIUM

MEXICO

SITIAWAN

BRAZIL

PANAMA

BOURABAYA

ILOILO

TAINING

CHILE

PERU

ІРОД

TIENTSIN

CHINA

KARACI

TONGKAH (Bhuket)

COLUMBIA

ILANG

THINOTÃO

KOBE

ТОКОВАНА

CUBA

KUALA LUMPUR

ZAMBOANGA

Foreign Exchange and General

REPUBLIC INDIA ITALY JAPAN

DOMINICAN

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.

A. H. FERGUSON,

Manager.

Hong Kong, 8th July, 1932.

PHILIPPINE ISLANDS PORTO RICO STRAITS

SETTLEMENTS URUGUAY

VENEZUELA

IRISH DUTIES.

'Heaven Help The Poor Farmer.”

HEAVY TRADE LOSS.

Dublin, Yesterday.

MANCHURIA.

No Discrimination Apparent.

QUESTIONS IN COMMONS.

London, Yesterday. The British Import taxes have

Asked by Mr. Nunn in the House spread a gloomy, depression and of Commons whether he intends to surprise, as nobody believed they communicate with the United States would be imposed until the ques-with a view to obtaining their co- tion of arbitration, was settled. operation in maintaining the polley Fears are now expressed whe of the "open door" in Manchuria, ther the arbitration will take Sir John Simon replied that he saw place. Ministers discussed the no reason to take such a step. problem secretly last night when inasmuch as he had no information there was talk of tariff reprisals to show that British trade in Man- and the establishment of a special churia was being discriminated |against, and the Japanese had given fund to recompense exporters.

Mr. Cosgrave, in an interview an assurance that the "open door" Commercial and Travellers' Letters with Reuter remarked "Heaven would be maintained. of Credits, Travellers' Cheques, Bilis help the poor farmer."

Mr. Nunn followed up by asking

bought and sold. Current accounta

of Exchange and Cable Transfers A typical case is of a member if Sir John Simon were aware that

British merchants dealing in Man-

He

and Savings Bank accounts opened and of the Dail who prepared 8,000churia were complaining' of a cer-

Fixed Deposits in local and foreign head of cattle for export. currencies taken at rates that may be would lose £12,000 under the ascertained on application to the Bank- tariff conditions.--Reuter

are also able to offer our Cur- tomers the services of the Branches

THE NATIONAL COMMERCIAL & of the International Banking Corpora- MANCHESTER WEEKLY added "I of course

SAVINGS BANK, LTD.

CURRENT ACCOUNTS. Cheques Cashed in 15 minutes while you wait.

SAVINGS ACCOUNTS

We offer good rates of intarest,

TOTAL RESOURCES $19,000,000

EFFICIENT TRUSTWORTHY—

RELIABLE-COURTEOUS.

144-150, Des Voeux Rd. C.

NEDERLANDSCHE HANDEL- MAATSCHAPPIJ, N.V.

(NETHERLANDS TRADING KOOTETY)

DANKERS,

Established 2014.

Hong Kong Offos :--11, Queen's Road Central,

Authorized Capital .....f.150,000,000|

Paid-Up Capitai Reserver

.1. 80,080,000 .f. 20,015,000

Hand Odin-AMSTERDAM", Exeters Hand Office |--BATAVIA. "

| Benachas :--:Bandjorókaly, Bandetagne Bombay,

Calisatio Charbon, Djerb Djok {akarta®, Tim Haque", "Bidlab, Kobe, Makassar, Medan,"”, Palembang, Pakai lugan. Pain, Banyoon, Betterdam”, Bekarköy, Gbadghai. Eingisors, 'Bonen bala, Seerakarta (Boic), Tagui, žyšiakjap and Weltevreden","

! Thank allcos hara Sáfa Bapoels Bòam to Tat.

LONDON BANKRES:~~

NATIONAL PROVINCIAL DAKK LID.

Correpondente allere ihe world. Banking Bus masa al ́avery Sovoriptios tesisssotel

1. STOLKINK, 1. Manager.

Hồng Kong, 21st June 19, 2

THE

Government both at home and AMERICAN EXPRESS COMPANY,

abroad

SHOU J. CHEN,

Manager. Hong Kong, Gth March, 1981.

INC.

Head Office:65, Broadway. New York,

THE YOKOHAMA SPECIE BANK, LIMITED

Capital

Surplus

Reserves

BRANCHES

Established 1880.

Capital (fully paid-up) Yen 100,000,000 Escará fund ........Teh 117,800,000

Head Ofles-YOKOHAMA.

Branches and Agencies at: Alexandria

Nagasaki

Newchwang

New York

Batavia

Barn

Bombay

Canton

Chargchda

Nagoya

Rangoon

Daites" (Dalny)

Fenstien (Mukden) illo de Janeiro Ban Francisco'

Hamburg

Brakow

U.8.38,000,000,00 .U.8.$1,832,382.04 .1.8.$1,458,118.73.

pany": in

United

States of

tion' in Spain and also of The National City Bank of New York (France), 9.4., in Paris and Nice.

R. M. MCLAY,

Hong Kong, May 13, 1932.

Managar.

THE BANK OF TAIWAN, LTD.

'(TAIWAN GINKO,)

HEAD OFFICE:-Taipeh, Formosa.

Incorporated by Special Imperial Charter, 1890.

Central Bank In Formoen, Bank-Notes Sued Average at Yan. 46,000,

BRANCHES AND AGENCIES: JAPAN-Tokyo, Tokohama, Koba, Osaka. FORMOSA ran Kagi, Kunto, · Koeling. Makong. Manto, Shinchiku, Taichu, Tuhan, Takno, Tomeus," Tour, Hall, Tzilo CHINA 1-Shanghai, Hankow, Amay, Froehow,

Barlow Canton.

Tok Dairen

LONDON BANKERS,

Barclays Bank, 14d.. Livyda Baok, Lid.

Commercial Centree-troughout the world. -K. NAGURA,

MARKET REPORT.

Disappointing Cotton Prices.

Wednesday, June 15. There has been little change in the general altuation since last week. The possibilities of the Lausanne Conference have gen- erally attracted more attention than crop news from the States, for

tain amount of discrimination against their trade.

Sir John Simon invited him to communicate on the matter and have been in communication with the United States Government with reference to the position in Manchurig.”---- Reuter..

FUTURE OF RUBBER.

Mr. T. E. Williams' Views And Policy.

In an interview with a representa-

it is realised that world factors tive of The Financial Times, Mr. are more important than the | T. E. Williams, "of the old-establish- question of supply and demand. Ited Mincing Lane firm of Marling is felt that if progress is made at Evans and Co., explained his rea- the Conference prices may respond sons for pursuing his policy of

OTRERS :-Kmg Xong, Singapore, Boarabaya,

Semarang, Batavia, Bombey, London, New quickly. Spot demand has shown advocating the purchase of rubber some improvement during the past estates. Mr. Williams pointed out few days and certain spinners re-that an international policy for Midland Bank, Lid.. Wanita Bank; Iddgard prices as attractive, but on raising the prices of commodities The Tank has Corpondanta in all se principal the other hand the world's takings was "absolutely essential, and that of American remains disappointing, sooner or later definite steps to being only 167,000 bales last week achieve this end would have to be as against 182,000 bales a year ago. taken. Further, he was convinced Too much rain has fallen in cer- that the time was not far distant tain parts of the cotton belt and when auch action could not be longer dryer conditions are now wanted, delayed.

HONG KONG DBANDH,

1. De Vaur Rood Central Hong Kong, December 24, 1981.

FEVERISH

Manager

Little face hot and fushed, eyes unnaturally bright. Bed is the place for him, and stany doesn't mind at all. And also, at once, Baby's Own Tablets. Ella. mather knows them of old. They can be rolled upon to set matters right with the minimum delay.

Baby's Own Tablets, the health- corrective specially for)

children up to sixables and

always be

kept handy for cases such as this.

administration Prompt: cleanses the stomach and bowels immediately and arrests, the deve- lopment of more serious condi- tions. Baby's Own Tablets 'car- rect stomach and bowel disorders, indigestion, flatulence, colle, coa- stipation, check diarrhoen, ezpal break

up colds, whilst

worms, allay feverish Leething they ease pains instantly and thus enable baby to sleep. Guate teed pure and free from harmful

Baby's Own Tablets

can be relied upon

All chemists can supply you

Excessive rainfall now will result. Many rubber companies had fol- in much damage by the boll weevil,lowed the policy of producing rub-} and already reports have come to ber for sale at an uneconomic price] hand. There has been a falling off because it was cheaper, to do so in enquiry, due In most cases to than to place their estates upon a caution owing to world cóndition.Icaré and maintenance basla. This Although the volume of enquiry had led to raw rubber prices being from India has been on a smaller still, further depressed, and ultim acale, there has been an increased ately many of the companies had demand from Calcutta, chiefly for had to go into liquidation. white dhooties and for light There were now in the hands of breaching cloths; as yet, however, receivers many British plantation only a few lines have been placed, estates, fully equipped and with Several lines of mulis have been good past dividend records. The under consideration for Karachi, original cost of these estates had and there have been one or two ranged from 260 to over £100 per bids from Madras Colombo has acre, but they could now be obtained been interested in white shirtings, for a very few pounds per acre. whilst Rangoon has enquired for Mr. Williams stressed the fact white lawns. Both Hong Kong and that he had in mind only good Bri- Singapore have sent bids for white tish estates. These, he suggested, shirtings but at unworkable limita, would well repay buying and placing Very little has come to hand from upon a maintenance basis pending the Near East, and business with better times. He estimated the Egypt has been almost negligible, cost of maintenance it £1 per acre There have been enquiries from per annum, while the yield when in faishing cloths, so far without production would be about 400 lbs. much result. Bleaching and print per acre.

ing cloths have been in some de As an illustration of what could mand. from Argentina as well as be achieved, Mr. Williams said that, poplins, though little has resulted. taking a unit of 1,000 acres, he

estimated $3 per acre as the pur- BRITISH INDUSTRY.chase price and £1 per acre as

American Plants In Great Britain.

maintenance cost. Supposing It was necessary to abstain from tapping

for a period of 18 months, the total outlay would bo #4,500.′′ B.Taking an all-in cost 4d - per Mr. William Watson, chairman of pound, which Mr. Williams con- New Industries-Home and Over-sidered a reasonable figure, every

THURSDAY, JULY

THE

HONG FONG

PENINSULA HOTEL:

HONG KONG HOTEL, REPULSE BAY HOTEL: PEAK HOTEL:

AND

SHANGHAI

ASTOR HOUSE HOTEL: PALACE HOTEL;

HOTELS,

LIMITED

In association with the Grand Hotel des Wagonia Lits, Feking.

MARBLE HALL

11, Nathan Rd., 'Kaviona.

Tel. 57089.

A. Bact Private Hotel furnished, with an eye to the comfort of its Tomanta. Blugle and double suites of rooms with privats batkraama Attached.

THE HARBOUR VIEW PRIVATE HOTEL

9-12, Chatham Road, Kowloom. Finest position on the Peninsula. Large Airy Rooms with Full Benet of the Cool. Sea, Brasses. Unequalled Cuisina.

Phone Tel. 56714 Proprietress ---Min, Gardiner,

Cable Ada “Karviaw."

DAILY CROSSWORD PUZZLE.

(This cross-word puzite has been made by an expert · bus our readers are warned to look out for occasional phonatio spellings,' such 'as harbor, plow, and altho])"

12

...

18

HORIZONTAL →Measure of length 4-To applaud with

hands B-Epoch

11-Befora 12-Gentle 15-baudad

- 17-Messengeru of a

court (Eng.)

21

| HORIZONTAL (Cont.) { VERTICAL (Cont.) 61-Caunei

the 68-Drew, kET

18-A pastry 20-Comparativa auffix 21-Near

22-Turt

26-Girl's name 27-Græk god of fove 25-Emperor of Rame 31-And not

32-Decay,

.8848take. In 'barda

38-Engilah rall-road car

4-Elongated fah 44-Bora (Láin), 44-Grafty-

48-A white ant

conclusión

16–To stoep, na-fax

18-Having wing-like:

parts

j55–Of age (Latin, abbr.)|18-Forever" gr.

66-Point of compass

· (abbr)**

157-Plunder

68-Moisntein to

Thessaly (Gr. "Myth-Ma

VERTICAL

1-Parled of time '2-Part of the body

-Dried grape. B-A task assigned - 6-Part of the vari

To be 7-Combining form.

Foot B-Law tida. 10-0WA 18-Famous Gents

soldier 14-Merite

23-Those who breathe

nolally when asleep 23-Fate

[25–Canjunétion

|29-Arus (abbr.)-

28-Lyric poem 80-Eagle

24-Printer's measura 86+Darlings 88-3hun 37-Musical nota 39-Allow,

a

deduction. 41-A-greenish-yellow

fruit (pl.)

43-A fowl aro 48–Bainta (abbr)} 47-Bare

48-Measure of weight 16-Unit, of work, and r

ansigy

30-Opielan

32–Ever (PH65).

nalan (abbr)

(The solution of the shows with a new cross-word puzzle.) will

appear in to-morrow's less,

WORLD CRISIS OF

GLUT.

Play Its Part.

seas Committee, addressing a meet- 1d. per pound realised over and How Advertising Can ingat Clydebank, said that co-above this sum, he stated, would be ordination of our: Empire: trading equivalent to a return of 8711⁄2 ber Interests would create the greatest cent, or the money put into the Industrial unit the world had ever estate. Furthermore, with any Mr. Hartley Withers, known; and this would be achieved

rease in t price of the tere would be few of the

which tion with Its entire

by the Ottawa Conference,

an opportunity which might never

occur again.

At present Influence brought to bear to raise

eminent econom

reach

Mr. Withers touches on Inter- Inational obstacles, but declares that, given better demand, British trade is in fine shape for expansión: the more reason why ill kets British Infidence, can should be heaved out of rut by organized effort, |marketing and advertis

make a valuable contributio

Sir Harold Bellman, director of the Ab Society, sends a

AND NO DEYSE

BEW SCU

*