Z

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION,

Authorised Captial... Issued and Pully Paid-up

Reserve Funds-

AC 1,500,000 $30,000,000

$54,000,000 $1,000,000

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA. Incorporated by Royal Charter, 1853.

HEAD OFFICE: LONDON.

Pald-up Capital

THE CHINA MAIL.

THE HO HONG BANK, LTD.

(Established 1917.)

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

.£3,000,000

Reservo Fund

.£4,000,000

Reservo Liability of Pra-

pelators

Paid-up Capital

Authorised Capital Strats $20,000,000 8,000,000 Issued Capital

4,000,000

()

"

.£3,000,000

Reserve Liabilitics

Agencies and Branches:

of Shareholders. Surplus

"

P

4,000,000 2,520,000

АЛУМБТАЯ

KUALA LUMPUR

(Malay Bata)

KUCHING

ALHITSAR

BANGKOK

MADRAS

MANILA

MEDAN

NEW YORK

PENANG

Reserva Liability of Proprietors. $9,000,000 HEAD OPTICE: HONG KONG,

BOARD OF DIRECTORS

Bon. tr. 6. 6. 8. Hackle, Chairman.

Hon. Mr. J. J. Patarson, Deputy Chairaz.

II. Hall, Esq. T. . Trance. Eig.

A. H. Compton, Eau. J. A. Plummer, Esq.

B. Lauder Lawin, Faq. T. H. R. Bhaw. Esq.

0. Miskin, Esq.

1. P. Warren, Esq.

Chief Manager.

V. Al. Drabure, E.

DRANCHES-

LONDON

LYONS

BATAVIA

BOMBAY

CALOUSTA CANTON

CAWNPORE

DEHU

COLOMBO

DAIREN (Daing

South Marbur

PEKIN

BASGOON

SAMON

AMOY

•DANGKOK

BATAVIA

BOMBAY

CALCUTTA

MALACCA

MANILA

BAR (Johor)

MURDER

NAGABAZI

PEHANO

HANGOON

CANTUN

DIEFOO

COLOMBO

NEW YORK

DAINEN FOOCHOW

TEIPINO

HAIPHONG

HAMHUNG

SAIDON

HANKOW

BAN FRANCISCO

HARBIN

AHA AGAI

SINGAPORE

SUNUEL PATANI

STARTSEN

ΤΟΥ ΤΟ

TSINGTAO

HONGKEW

110110

JOHORE

RODE

KOWLOON

KUALA LUMPUR

SONGABAY

SUKOSAMA

Current Accounts spend la Local Currency and Find Begonite zairad for one year of shorter perioda to Locat Carousy and Bierling on termi which wil be quoted on application. Hong Kong, th February, 1971.

HONG KONG SAVINGS BANK.

The Bainon of the Alaro Bank is scudust.

id by the 11ONG KONG AND SHANGHAI HANKING CORPORATION,

abielued on appilation.

Bules may b

FUR THE HONDRONG AND SHANGHAI

BANKING CORPORATION,

V. M. GRAYBURN,

Hong Kong, 16th July, 1900,

Chlef Msongor.

BANQUE DE L'INDO-CHINE.

HEAD OFFICE:

96, Boulevard Haussmann, Paris.

DELIN

HAIPHONG

KAMBUNG

HANKOW

FARISIN

"N. Manchuria)

ILAILA

TON KONG

111

KARACHI

#LAND

копи

KUALA KANOBAR

(Perak F.M3,)

BEMARANO

REUEMBAN

SHANGHAI

SINGAPORE:

SURABAYA

TAIPINO EP.15.8.) TAVOY

TIENTSEN

TOKYO

PONORA (Bbukud)

791NOTAU

YOKOHAMA

ZAMBOANGA

Foreign Exchange

(Philippine fonda)

and General Banking business transacted.

Current Accounts opened and Fix ud Deposita received for 1 year or

I shorter periods at rates which wit

be quoted on application.

A. K. FERGUSON,

Manager.

Hong Kong. 8th January, 1989,"

THE NATIONAL CITY BANK

OF NEW YORK.

HEAD OFFICE: 65, Wall Street, New York.

Capital, Surplus and

Undivided Profits..U.S.$224,554,298

Branches in:-

ARGENTINE

BELGIUM BRAZIL

+

ISLANDS

LONDON

MEXICO

PANAMA

CHILE

PERU

CHINA

PHILIPPINE

COLOMBIA

CUBA

PORTO RICO

DOMINICAN

STRAITS

REPUBLIC

SETTLEMENTS

INDIA

ITALY JAPAN

URUGUAY

VENEZUELA

Subscribed Capital Fre. 72,000,000.00 Paid-Up Capitol...Frs. 68,400,000.00 Commercial and Travellers' Lotters Reserve Funds ....Fr.102,000,000.05 of Credit, Travellers' Cheques, Bills of Exchange and Gable Transfers Bangkok

Current accounts bought and old. Battambang Huo

and Savings Bank accounts opened! and Fixed Deposits in local and for- at rates that eign currencies taken may be ascertained on application to the Bank.

BRANCHES:

Hong Kong Quiahon

Salgon Cantho Mengtzo Shanghai Canton Nam-Diah Singapore Djibouti Noumea Thanhes Fort-Bayard Papecte

Tlantain Haiphong

Peking Tourane Hapkow Pnom Penh Vịnh Hanoi Pondicherry Yunnanfu

BANKERS:

IN FRANCE: Comptoir National d'Escompte de Paris; Credit Lyonnais; Banque de Paris et des Pays-Bas; Credit Industriel et Commercial; So cleto Generale.

IN LONDON: The National Pro- vincial & Union Bank of England, Ltd.: Comptoir National d'Escompto de Paris; Credit Lyonnais.

IN NEW YORK; J. P. Morgan & Co.; French Americau Banking Cor poration; Guaranty Trust Co. of New York.

Interest allowed en Current Ac- counts and Fixed Deposits according to arrangements.

Every description of Banking and Exchange Business transacted.

Safe Deposit Boxes to let.

A. LECOT,

Hong Kong, lat May, 1929..

We are also able to offer our Car.

tomers the services of the Branches of the International Banking Corpora tion in San Francisco and Spain and also of The National City Bank of New York (France), SA, in Paris and Nico.

F. McD. COURTNEY,

Hong Kong, 20th February, 1031.

THE

Manager

AMERICAN EXPRESS COMPANY,

ING.

Head Office: 63, Broadway, New York.

Manager.

Capital Surplus Reserves

THE YOKOHAMA SPECIE BANK,

LIMITED.

Established 1880.

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

Yen 115,000,000

Head Office:-YOKORAMA.

Branches and Agencies at:

Alexandria

Batavia

Bombay

Calcutta

Canton

Obaugchun

Dairen (Dalny)

Nowchwang

Nagoya

New York

Poiping

Osaka

Rangoon Rio de Janeiro

Fongtien (Mukden) Saigon

Hamburg

Bankow

Harbin

Hong Kong

Honolula

Kat Yuen Karachi

Kobe

London

Los Angeles

Lyons-

Manila

Nagasaki

(Temporarily closed)

San Francisco

Seattle

Semarang Shanghat Shimonosh Singapore Soersbays Sydney Tientsin

Tokyo

Tringtau

Interest allowed or Current Ac

counts.

Deposits received for fixed periods at rates to be obtained on appilea- tion.

EL MORI,

Manager,

Hong Kong, March 24, 1921.

Branches, Agencies and Correspon- dents in the principal cities of the world.

Every description of Banking and Exchango business transacted.

TAN ENG HOOL

NEDERLANDSCHE HANDEL- MAATSCHAPPIJ, N.V.

(NETHERLANDS TRADING LOCIETY)

DANKERS,

Ethod 1824

Hea Kong Offer-11, Queen's Road Central. Authorhal Capital Gullďars 180,000,000- (212,500,000) Paid-Up Captial ........................ Dzilders 80,030,000 (es.200.170) Essarts Fund. Dulldor 15,918,000 (28,834,589)

Commerce and Finance

THE IRON AND STEEL Ing. but even

TRADE.

Why Rationalisation Must Come.

VANISHED PROSPERITY.

nine-

tenacity may be a

WEDNESDAY, MARCH 25, 1931.

COMPANY REPORTS.

UNION WATERBOAT COMPANY

LIMITED.

The General Managers have now the pleasure to submit their annual report and statement of the Com- pany's accounts made up to Decem- ber 31, 1930.

The report of the Consulting handicap. Employers and workers Committee for presentation to the aliko are reluctant to admit that shareholders at the twenty-sixth i their old ways are not good enough, ordinary annual meeting to be held at the company's offices on Tuesday, Outworn Pinnt. Outworn plant is still maintained March 31, 1931, at 3 p.m., states: in the hope that somehow it may earn the profits needed to pay off overdrafts and recover vanished prosperity. It is clear to the im- partial observer that much of this plant cannot, and ought not to,

The profit for the year, including But there it stands, bar- balance brought forward from last aurvive.

amounts to $45,699.16 ring the way to reconstruction. account That, of course, is not the whole which the Consulting Committee re- story. Reconstruction, rationalisa-commend apply as follows: tion-call it what you will-must To pay dividend of come. Old plant must be scrapped, $1.25 per share on 27,729 shares which will absorb

The Briton is not usually given Manager to introspection, nor is ho troubled with any lack of confidence in his own powers of achievement, stato William Jacke and Co. in a special review of the iron and steel trades in 1990. Throughout the teenth century Britain's commer- | old-established industries must be elal military, and territorial power modernised. And to accomplish showed uninterrupted expansion, this a vitalising stream of new and the permanence of her wealth capital will be needed. and Influence was accepted-at all; The money can be found if sound events in Britain-as an establish- schemes of reconstruction are ed fact. But the sick man la cvolved.

That, however, may in its assailed with doubts which never turn necessitate heavy sacrifices of trouble the Healthy, And it is ap- existing interests. During the parent to the most casual observer post-War boom British indus- DEANCHES:- Bandlarmin, Bendons, Dombay that the vitality of British industry tralists indulged in wild schemes of

Inflation. has been seriously impaired.

Reserves were capitalis Britons are beginning to wondered, bound shares distributed, and Boda if the zenith of achievement has capital liabilities fixed at levels far bol been passed; whether the political in excess of the real value or the and economic transformation which real earning capacity of the plant. has ensued upon the Great War has For that folly they have since paid not in the end been to the disad dearly; but in most cases the vantage of the victors, and whether obvious task of writing down assets the tremendous exertions of that to their real value has yet to be great struggle have not so impaired accomplished. our energice as to render us in- capable of responding to the needs of a new age, which demands new methods.

Dead - AMSTERDAM® Barend 0001-BATAVIA.

Catuta, Charton, Djamber, Dick. jakacia", Ibo Elsgow", Jeddah, Kobe, Rota-Raj, Makasar, Medan, Padang Telombang. Tkalcagan, Fontana Bangoon Bamerang

Bumatra Відера. Roushal

Roerakarta (Solo), Tagai, Tap

Weltevreden*.

This offoes have la deposit boss to let, Leaden Eankort:--National Provincial Bank Ltd. Correspondents all over the world Danking beafness of vary description translad."

A. STOKKINK,

Acting Nasser,

Kong Kong, 18th August, 1080.

THE BANK OF CHINA.

行跟國中

Has an aver industrialised Britain become incapable of aup- porting a world-wide trade which has been bam-strung between new- Reorganited October 28, 1928, under ly-framed foreign tariffe and the in- special charter of The National Gov-creasing efficiency of foreign rivals? | crnment as an

The contemptuous negative can no INTERNATIONAL EXCHANGE longer be tendered

to such ques- lons as these.

The Britain of Subscribed Capital ... $25,000,000.00 to-day is assailed with a dangerous ........$24,710,200.00 mood of fatalism and dialllusion- Paid-Up Capital

..$ 3,820,503.82|ment which is paralysing national Reserve Funds

energy and will-power,

BANK.

HEAD OFFICE: SHANGHAL

HONG KONG BRANCH: 4, Queen's Road Central.

SHOU J. CHEN,

Hong Kong, 51 March, 1930.

Established 1912.

A

To pay a Benus of 25

cents

$34,053.75

6,030.75 Carry Forward to 1981 4,114.65

$46,699.15

Consulting Committee.

Since last meeting Mesaro. S. Kinoshita and C. de

Bruyn have resigned, and Messrs. T. Yamamoto and A. van Gelder have been in- vited to join the Committee.

Auditors.

·

The Accounts under review have: been audited by Messrs. Linstead and Davis, chartered accountants.

Sore Throat?

"We are never without: FORMAMINT, a little common - sense pro- tection is all that matters."

Mrs. R.J.-W.

FORMAMINT cures Sore Throat and provents infec- tious disen.SON '(Influenza, Diphtheria, etc.).

Formamint is obtainable at all Chamlats,

OUR

LADIES' TAILORING DEPARTMENT

undertakes to execute orders

FOR MAKING DRESSES &

GOWNS on Intest atylca with-

In 16 hours.

cessfully with foreign. This does It is a duty which must precede-not imply a reduction in total the provision of additional capital wages, but in the wage cost of out- Present sacrificea must be made, put. If the British steel industry LOVELY SILK STORE

employees No. 2, Stanley Street. Tel. 22100.

(Adjoining D'Agullar Street.)

but at worst it is a sacrifice only of paper values, and thereafter must come the ruthless scrapping of obsolete and redundant plant, the modernisation of methods of manu- facture and salesmanship, and the concentration of production in' large and efficient unita.

In some repects the iron and steel industry presents an attractive sub- ject for rationalisation on

these lines, Production is centralised in a limited number of areas and is largely in the hands of a few large groups. During the past year there has been further progress made in the unification of control, and the trend of events points to the probability of further progress in that direction.

were able to get down to a really competitive level, ita might enjoy a higher total wage,| although a lower rate of wage per unit of output.

Reduced to its simplest terms rationalisation is nothing else than the application to industry of a scientific technique of reducing costs, by eliminating waste.

The fundamental principle underlying all its methods is the suppression of redundancy in all its forms, whe- ther of plant, material, labour, or mechanical processes. It envisages a few large units centrally con

trolled. in which each plant is kept engaged at full capacity.

Combines and Merchants. The economies which can thus be realised vary enormously in differ- ent industries, but they are obvious. ly greatest in an industry like the iron and steel industry, producing!

more

interests.

сот-

GET Frères

PIPPERMINT The Queen Creme & Menthe

Ka amalant diyssöre Lakunnanć, The most refreshing,

long drink when

taken with Soda Water

Called at REVEL, (HS Garonne) Frase by GET Frères since 1996.

COASTWISE

by

A Depressing Experience. The unemployed worker is con- tent to eke out his existence on the dole, in many instances, without Owing to our numerous branches even troubling to look for work. in China and large connections in the And the employing class, with bit important commercial centres of the ter experience of meddlesome Curtailment of Production. world, we are able to extend to our legislation and predatory taxation,

There are many critics of this clients special facilities for domestic has found in State oppression an precess, and their number has been and foreign banking and exchanges.

because in its earlier We also handle the issue of Bonde excuse for a lack of push and enter- multiplied and other Public Funds of the Chi-prise which is fatal to the health phases it has been marked by the

or less standardised ese Government both at home and of the body politic.

The real issue stoppage of a number of plants and medities. One criticism might be abroad.

in the entire field of national en- an appalling increase in the volume offered. Cartels and combines in, Manager.deavour is whether or not Industrial of unemployment in the industry. the United States and on the Con- Britain is capable of adapting it- Possibly-even probably-many of tinent have all linked up the leading self to new conditions. Is the these Iron and steel furnaces would merchant houses in their organisa-

fatally country so

enmeshed in, have been thrown idle In any case. tion, whereas here British combines! traditional habits as to be unable There has been a severe curtail- | have alienated the leading merchant |

more strenuous ment of production in America and THE BANK OF CANTON, LTD. to conform to the

requirements of the new ora? in practically all the European Broadly, the need for reconstruc- well as In Great tion of the steel trade is not now It is easy, disastrously easy, to countries, as attribute all our economic troubles Britain.

seriously contested, and some fur- and difficulties to the world alump. And insofar as the processes of ther progress in this direction has are concerned with | been achieved during the past year. In truth, the crash on Wall Street rationalisation

gathering movement has had devastating reprecussions a reduction of working coats and The which emphasise anew the inter- increased Industrial efficiency, they strength, and whilst the task of re- BORRESPONDENTS Pradipendence of trade, the delicate muat ultimately make for increased construction is formidable progress Resourcefulness complexity of world funnce, and the employment. The scrapping of is being made. utter inability of mankind to con- obsolete plants is only the first and courage are still needed to find fine prosperity or poverty within phase. Next must come modernisa, a path through the jungle of econo-

While the tion, whose primary object is a re- national boundaries.

mic problems, but Britain's past duction of the cost of production. { achievements in overcoming succes- causes are a matter of concern, our Chief Manager. own problems are sufficiently urgent The plain facts are that the indus- sive crises constitute the most hope- Now on sale at

try cannot produce as cheaply as ful assurance that she will success- to call for our special attention.

And a survey of the industrial some of its foreign competitors, the fully emerge from her present BREWERS regions of the North, with its idle direct and indirect costs in this troubles.

factories, derelict country being greater than in com- pita, deserted shipyards, and smokeless blast-petitive countries.

It is the wage rate per unit pro- a depressing ex- perience which emphasises the duced which really matters; as pressing nature of the problem. things stand at present It has got patient pertinacity, imagination, and The Newspaper Enterprise, Ltd. The old virtues of tenacity and to be reduced in this country before vigorous leadership we can and

China Mall Building. skilled craftsmanship are not lack- British industry can compete auc-mast "win through."

Head Office:Ilong Kong.

Authorind Capital (ILE. Currency) $11,000,000 Paid-up Capital

8,605,000 Beearts Brad

1,100,000 ЭКЛУСИКА 1- Onaton Shanghel, Kankor, walow

LONDON DANKENS1- The Lloyd's Bay, Liralted. principal cities of the World. Forsign ezangs and banking business of stery discription fransacted,

U.S.$6,000,000 U.S.$1,672,454 U.S.$1,008,200

BRANCHES:~~

In

Hopin

Pirma

Parla

Terliz

Barri

Fatang Feking

Bombay

Jerusal

Palerting

Bremen

Ildo

Loudon

HOLDS

Enance res

Liverpool

Calro Celoalia

Lucerne

Lugano

Outnet

Amsterdam Antwort Athena

danos logor

ItataDa Hamburg HATTO Interlaken

عامستا

Dolembe Constelaople

Copenhagen Edinburg Florens

Desar

Branches

Luior

Marsailles Monte Carlo

Manila

Kualch Mostraux

Wien

liut'erdam

Spanboul Ebaaghal Boushampton Singapore St. Korite Testin

Vianna Venice Yokohama Zurfob

of American Express Company in Principal elties of Unit ed States of America and Canada.

Bafe Deposit Bones (varioja sized) as a yearly mantel et from $8 to Bià,

LOOK POONG SHAN,

THE BANK OF TAIWAN, LTD.

(TAIWAN GINKO.)

HEAD OFFICE:~~Taipeh, Formon Incorporated by Special Imperial

All classes of Commercial Banking Bank-Note Transactions undertaken.

Personal handled.

investment

Charter, 1899.

Central Bank in Formosa.

ed Average amount ... Ten, £5,000,000 DHANOKES AND AGENCIES JAPAN Tokyo, Yokohama, Kobe, Osaka. accounts FORMOSA :--Oira, Kagi, Karako,

Boaling. Makong, Hanio, Belushiku, Talchu. Talaan. Takso, Tamad. Toen, Halio, Tulio, OHINA:-Ehunghal, Maikom, Amog, Foochaw,

Bustow, Canton,

The Company offers to intending Travellers the use of its "uvolors Chequre" and Letters of Credit and, in addition, the world-wide services of Its thoroughly equipped, Travel Da- partiment.

Afliated with

THE CHASE. NATIONAL BANK Resources ..Over G$2,500,000,000

C. H. BENSON,

Manager.

Calcola

OTHERSong Bong, Blogapore, Boarabaya.

Semarang Datavia, Bombay, Loudon, New Tork, Daima,

LONDON BANKEES

The Loudes County Wisiminster and Barr's Back.

The Bank has servepondenta in all the principal Cornmaralal Centres throughout the world.

K. NAGURA.

Manager.

KONO KONG BRANCH |

1. Dan Vaux Bad Central Hong Kong, 1913 January, 1929

furnaces,

is

1

"ALGIE" BENNETT.

An interesting book

of Cartoons depicting

"Happenings" on the China Coast

PRICE $1.00.

WHITEAWAY, LAIDLAW In the last resource the outcome will depend an

the persistence of EXCELSIOR BOOK STORE. those qualities which have made our and at the Publishers

By hard work, country great.

Montreal Symphony Orchestra On Air

THE BANK OF EAST ASIA, LTD.

Established 1918.

HEAD OFFICE:

10, Des Voeux Road, Central, HONG KONG

Capital and Burplus

Total Resources

THE MERCANTILE BANK OF INDIA, LTD.

HEAD OFFICE 1

15, Gracechurah Street, London, E.0.4,

Authorized Capital ...$3,000,000 Subscribed Capital.... 1,800,000 Pakl-up Capital 1,050,000 Reserve Fund and Rest 1,646,500.

The Bank of England á Miðjand Back, Ztd.,

ERANOILES: Bangkok

Kaw York

ДАНЕКЛЯ

Elstavia

......... ovar· H$ 8,000,000.00 ́over HL.$30,000,000.00

Homba Calculis Colar be Dalbi

"Landy

Kota Bharu

Xunta Kapl

Galle

Every description of Banking and Exchange business transacted,

* Current and Fixed Deposit Accounts in local and for-

sign currencies opened for clients.

Savlige Account and Safe Deposit Boxen, Branches and "Agencies all over the world.

KANTONG PO,

* Chief Manager

Korosh

Kuala Kampur

Port Loula

{Mauritiua) Bangion Bhangbal Bl

Kaanian (Fabang) Bingpers

Madras (Mon.

Boumbaya HONG KONG BRANCH:

· Every Travberg - Chagosa jammed.BOUNDA

hans transacted, ***** Elanking and Exchange 'fessel·

Trustee, and Exeratorships under- taken. PAINTEREST slaved us Duovuus ·· Ámonale wad

Shed Deposite iš Kažos ilusi KAY

C. L., SANDES,

(703)

☛grain in the Montreal Symphony Orchestra which will țin the concerts, including such moderns as Elgar, Kolat broadcast a Fireside Symphony Hour every Satur- and Vaughan Williams, while an early English Tudor day, between 6.80 and 6.30 p.m. E.S.T., starting composer will also be heard. Baturday, Feb. 21, over the network of the Canadian | In this way the concerts will be representative of Padße Railway Company's Telegraphs from Winnipeg the best in muale for the last three centuries, in which to:Hallfax. It will play gymphony concerts of a very the art of composing reached its height, and every nigh order and the conductor, Mr. Douglas Clarke, listener following the ten programmies sizeady projected: Dean of the Faculty, of Mundo, MeG!! University, will acquires knowledge of muste which it would take- (Inse;) has drawn up series of programmer which will the ordinary concert voor years to get, apart from the be representative of chres contaries of muste. My enjoyment of listening,

The programmes will be chronological in character The Montreal Bymphony orchestra has earned high- and each. will be representative of music written praise from erities, and ita range of subject matter es between the 17th, emntury and the present. They will well as its perfection la technique in remarkably well. begin with works or park of works by Bach, Handel, developed. The concerts will to broadenst róm Andor Haydn or Mozart, continue with Beethoven or Brahma, Haljina Montreal, and are made possible by the then go on to: Wainer pr. Tschaikowsky,, sad conclude Canadian Fadio Railway, with the moderes. English composers will be prominent

UNCLAIMED TELEGRAMS.

THE GREAT NORTHERN TELEGRAPH CO., LTD., OF DENMARK.

The following unclaimed tele- grams are lying at the office of the Great Northern Telegraph Company (Limited) of Den. mark:

Vendor, from Shanghai. Holships, from Bretaen.

!

F. V. JENSEN,,

Superintendent. Hong Kong, March 18, 1981.

THE EASTERN EXTENSION AUSTRALABIA & CHINA TELEGRAPH CO, LTD.

The following unclaimed tele grams are lying at the EE, Telo- graph Co. Office, Hong Kong:--

Evans, Kowloon, from Bexley Now,

Godson Gacanpac, from Winni- peg, Man..

Dr. Mati, 11, Spring Garden, from Macao

Henry, 8 Lee Yuen St. East, 2nd floor, from Calcutta.

* Ngu Yen Van Hop, Wah Yan

College, from Thudaumot.

BLACK,

Superintendent Hong Kong, March 191981

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