BANKS
HONG KONG AND SHANGHAI BANKING CORPORATION.
Alland Capital 186,208,300 Issun and Fully Paid-up 10,000.ane Born Funds:-
Biberung Ever
pano £ 1,000,000 $10,000.008
Escorre Liability of Proprietors --- $30,000,000
HEAD OFFICH; HONG KONG.
BOARD OF DIRECTORS; -
Hon. Mr. 0. 0.. A, Maskin. Obalrosan
Elon, Mr. 1, J. Paterson. Deputy Chairman,
W. II. Bell, Esq.
AE. Compla, Esq.
G. Mukis, Esq.
T. E. Ponroe, Eng.
AMOT
DANGIOR
VATAVIA
J. M. Plener, Esq.
T. II. B. Shaw, Yaq.
1. P. Warren, Ray,
Chial Manag.
7. Mbura, Baq-
ВНА КОПРА-
LONDON
PENANG
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.
THE
THE HO HONG BANK, LTD.
(Established 1917.) →
HEAD OFFICE: SINGAPORE. Hong Kong Branch: 18, Queen's Rd., C.
Authorised Capital Straits $20,000,000 Tested Capital .... Paid-up Capital ...
8,000,000
4,000,000
4,000,000
2,687,000
Incorporated by Royal Charter, 1653. Reserve Liabilities
HEAD OFFICE: LONDON,
Paid-up Capital Reserve Fund
of Shareholder Surplus
Franckes, Agencies and Correspon. .£3,000,000 || dents in the principal cities of the .£4,000,000 world.
Every description of Banking and ....£3,000,000 || Exchange business transscted.
TAN ENG HOOL,
Reserve Liability of
Pro-
prietors
Agencies and Branches:
KUCHINO
MADIAN
ALOB STAR AMBITUAIL BANGKOK MATAVIA BUMWAY CALCUTTA CANTON DAWNPORE CEDU
CULUM DO
DAIREN
DELHI
HAIPHONO
KAMBUNG
HANKOW
JARDIN
HONG KONG
IPON
MANILA
MEDAN
KEW YORK
PEPINU (Poka
PENANG BANQOON VAIGON SEMAHANG BEREMBAN BHANGHAI
BING PORE
ROTIRA BAYA
TOKYO
Managor
THE NATIONAL CITY BANK OF NEW YORK.
HEAD OFFICE: 55, Wall Street, NEW YORK.
Capital, Surplus and
Undivided Profits ..U.S.$226,037,392
Branches in-
ARGENTINE
BELGIUM
BRAZIL
LYONA
BITIAWAN
KALACCA
TAIPINO
BOHDAY
MANILA
110/Le
TEXTBIN
DALOUTTA
MUAJ (Jokars)
KARAOHI
TONGRAIL (Bhulat)
CANTON
MUEDEN
ELANG
THINOTAO
CIKTIO
NEW YORK
XOBE
COLOM DO
PUITING
KUALA BANGBAR
YOKOHAMA ZAMBOANGA
CHILE
KUALA LUMPUR
DATZEN #OCHOW HAIPHONG
CHINA
BANGGON
HAJOON
Foreign Exchange
And Geners!
HAMBURG
SAN FRANCISCO
COLOMBIA CUBA
HANKOW
BHANDBA
HARBIN
NINGAPORE
DOMINICAN
BONGEKW
BOURABYA
SLOILO
SUNGBI PATANI
SPOD
TIENTRIN
JOHURR
TOKYO
RODR
TRINOLAO
KOWLOON
KUALA LUMPUR
YOKOHAMA
Ourrent Account opened in Local Currency and Pized Depot facerad for one year be shore periode in Local Owrmandy and Starllag on tertna which will im quased on applikation. Hong Kong, December 7, 1981,
HONG KONG SAVINGS BANK.
Butcome of the showa Bank in conducted
by the HONG KONG AND HUANOHA! BANK- INO CORPORATION. Buls may be obtained ou application,
POR THR BONGKONG AND RANGAI BANKING OORPORATION,
V. M. GRAYBURN,
Hong Kong, 15th July, 1980.
Chist Manager.
THE BANK OF CANTON, LTD.
Established 1912.
Head Office:-Hong Kong.
Authorised Captial (II.K. Durrancy) ...$11.600,000
Pull-Up Capital .........................
Camera Pusa «nnem
DIAMONES-
Canton, Bhangbai,
1,100,000
Hackow, Swałow
Dangkok, New York and Bari Pranolaco,
LONDON BANEEDS (~~
The Lloyd's Bank, Limited. CORRESPONDENTA
In all principal cities of the World.
Foreign Hobags and banking barse of
wvary discription Transseted.
Bats Deposit Boxes (various sisso) at a poorly
rental of trono 15 to 140
LOOK POONG SHAN,
Chief Manager.
Banking business transacted,
Current Accounts opened and Fix
ed Deports received for one year or
shorter periods at rates which will be | INDIA LIC
quoted on application.
J. STUART,
Manager.
Hong Kong, August 17, 1981.
NEDERLANDSCHE HANDEL- MAATSCHAPPIJ, N.V.
(YETHERLANDS TRADING SOCIETY)
BANEERS.
Establimbed 1891.
Hong Kong Odes, Quown's Bond Central.
Authorimod Capital Guide 150,000,000. Padd-Up Capital utläums 80,090,000- Deserve Yued .............. Gulldora (0,010,000-
I OAMSTERDAM”L Eastern Head Oños:-BATAVIA.
Branches ----Bandjeres sala. Bandong", Bombay,
Cascurte. Cheribon Djember, Djaki jakarım", ha agus", 3ddah, Kebe,
Madzo, Palembang, longan, Penang, Bangoon, Ratiordum", Bemarang, bhanghai, Singapore, Boern bais, Boerakarta (Bala), Tegal, Zillating and Weltevralia'
• These offices have Sale Deposit Boxen la Lat.
LONDON BANKERS:—
NATIONAL PROVINCIAL BANK LTD.
Correspondents all over the world. Banking Bual. ness of avery description transnoted.
A. STOKSINK,
Hong Kong, fat December, 1992.
THE
Mudags.
AMERICAN EXPRESS COMPANY. INC.
.U.S.$6,000,000 U.9.$1,672,454 U.S.$1,908,209
and Nice.
LONDON
MEXICO PANAMA
PERU
PHILIPPINE ISLANDS
PORTO RICO
STRAITS
SETTLEMENTS
URUGUAY
VENEZUELA
CHINA MAIL.
Commerce
Finance
·ACCOUNTANTS AND THE KYLSANT CASE
TUESDAY, FEBRUARY ⠀ 1932.
they are not expressions which have a clear and well defined
and meaning, and that they, or one or more of them, may be applied to a number of different types of re aerve. Probably even experienced accountants would not all agree as to their exact scope and mean- ing. It follows, therefore, that a general proposition which might
INSTRUCTIONS FOR GUIDANCE
NOT FEASIBLE. -
The Facts,
are not
ELECTRIC
LIGHT
COSTS.
£17,000,000 An Ounce Says Sir J. Jeans.
Your 'electric light coats you
be applicable to one type of something like £17,000,000 an ounce, 'secret reserve might not be equal according to Sir James Jeans, the
astronomer. ly applicable to another, or that a
OIL FROM COAL.
given proposition might be applic- He was speaking' before the Con- able to a flagrant or extreme greas of the Institute of Radiology case, though not to one where 'no in London, and he declared that the 'misleading' was involved.
theory accepted by scientists in the "We have been asked wheber 19th century that wireless waves, the trial of foundation of the charge and the the duties and responsibilities of light and other forms of radiation Following upon Lord Kylsant at the Old Balloy, in next of the summing-up..
an auditor extend to the profit and were like waves in the sea, failed which questions concerning the
loss account, though it is not utterly to fit the facts
known to duties of chartered accountants "It is
a familiar rule of con-specifically reported upon to the modern science. were raised, the Council of the Instruction that a judgment should members of a company.
Sir James explained that later stitute of Chartered Accountants be construed with special refer "In our opinion, having regard experiments seemed to rule the sup considered the issue of instruc-ence to the facts of the case in to the fact that the balance-sheet Posed material ether out of exist tions for the guidance of members. which it is delivered, and that it contains as one of its items the ence, and to show that radiation They obtained counsels' opinion may be dangerous to take general balance brought in from the pro-was of the nature of bullets travel- on the matter, and were advised expressions out of their context jft and loss account, they cannot ling through empty space. by Mr. Wilfrid Greene, K.C., and and treat them as laying down dissociate themselves from all res- "We can make a picture of radis- Mr. Cecil W. Turner that such a principles applicable to all pos-ponsibility for the correctness of tion as a thrower of bullet-like
sible circumstances. pronouncement was not feasible.
More
es that account, and there may be photons," he said. "We may think Counsels' Report.
pecially would it be dangerous to cases in which it would be in- of photons as bits of energy which Counsels' full statement is as do this in the case of a summing-cumbent upon them to draw the have broken loose from the electric follows:-
up in a criminal case.
attention of the shareholders to charges in which the greater part "We have considered very care- "The object which the judge has any feature of that account which of the energy of the universe is fully whether the Council of the in view in such a case is to fur- in their view involved anything of bottled up, When we pay our elec ITALY JAPAN
Institute could properly and usa-nish the jury with a legal founda- an improper or misleading charac-tric light bills we are in effect pay. Commercial and Travellers' Letters fully issue any form of generalition for the particular set of facts ter."
ing £17,000,000 an ounce for our of Credits, Travellors Cheques, Bills pronouncement for the guidance on which they are called upon to of Exchange and Cable Transfers of their members on the questions exercise their judgment. He must
photons. bought and sold. Current accounts
"Yet the aun is distributing and Savings Bank accounts opened and mattere discussed in the re- always have primarily in mind the OYSTERS' SECRETS DISCLOSED. photons free of charge throughout and Fixed Deposits in local and for-cent case arising out of the affairs details of the particular case and
space at the rate of 4,000,000 tons eign currencies taken at rates that of the Royal Mail Steam Packet the fact that the jury may be ascertained on application to Company.
Even an oyster can't keep secrets a second. If we could learn the the Bank.
It appears to us, for legal experts.
from the scientific research workers, secret of annihilating matter we We are also able to offer our Cas- more reagons than one that no
"It may well be, therefore, that according to a recent report issued could turn an ounce of base matter tomers the services of the Branches auch pronouncement Is really the judge in auch a case would by the Canadian Government De- of any kind into an ounce of of the International Banking Cor-feasible.
express himself in different langupartment of Fisheries, which atates Photons." poration in San Francisco and Spain "In the first place. the Council age from that which he would use that oysters and also of The National City Bank have very responsible functions if he were delivering judgment in bath of Canada's coasts, are rich in which are taken on of New York (France), S.A.,. in Paris of a judicial character to perform: a civil action. He may lay down iron in an assimilable form, and
F. McD. COURTNEY, and it is of the utmost import-general propositions which are in are, therefore, valuable dietary aids Relation To British Needs,
Manager.ance," it is added, "that their no way misleading as applied to in preventing anaemia. Another of Hong Kong, June 16, 1981.
hands should be in no way tied the facts before the jury, although the oysters' inmost secrets, Is that In examining the commercial pos- by their being committed to state- they may be susceptible of qualf-they also contain copper, which is sibilities of producing oil from coal ments (which must of necessity be fication in various directions if necessary or helpful to the fixation in Britain, the London Chamber of THE BANK OF TAIWAN, LTD. of a wide and general nature) on sought to be applied to all cases of iron in the blood. In addition Commerce Journal states that in-
(TAIWAN GINKO.)
matters within the purview of
The Difficulty.
to containing such health-making teroat in the question may be in- their jurisdiction, which might be, "For these reasons it seems to elements as iron quoted before them as being ap- us that to put together selected oyster is also a source
and copper, the tenslfied by the urgent need for plicable to circumstances to which extracts from the judge's sum-mysterious vitamines which modern and by the renewed hope of British of those balancing the British trade account they were not intended to relate."ming-up in the case in question, science has found to be essential to industrial recovery.
Diverse Views.
isolated from their context and sound bodily vigour.
Attention is drawn by the paper "Secondly, it is of the utmost from the facts of the case, might
Last year nearly 24,000 barrels of to the claim of the Imperial Chemi importance that they should say result in attributing to the judge oysters were nothing on questions admitting of an intention to lay down wider waters. The largest landings were experience of the hydrogenation taken in Canadian cal Industries, Limited, that the diverse views that might hamper propositions of law than
were in the waters off the coast of the process with their members in any possible fu- necessary for his purpose or thun Province of New Brunswick, where plant at Billingham, is sufficient to semi-commercial. ture proceedings. We can ima- he really bad in mind. Extracts OTHERS-Hong Kong Bingapore Surabaya, gine cases arising in which a mem- of this kind must necessarily form barrels. Prince Edward Island pro- large-scale commercial unit cap the catch totalled more than 18,800 warrant the cc2#truction of a ber resisting a claim might be em- the foundation of any pronounce-duced nearly 4,900 barrels,. British able of producing over 200,000 tons barrassed by having a pronouncement by the Council, since it is ment of his own institute quoted the summing-up in question which Scotia a few barrels less than 2,000. of petrol a year.
Columbia about 8,200 and Nova (or more than 60,000,000 gallona) against him, when without it a de-has, naturally enough, given rise The Bank has Correspondents in all the principal parture from the general principle to requests by members for guid-quality and considerable quantities has shown that petrol of a quality
Canadian oysters are of excellent
"Their work," says the Journal, laid down could
more easily be ance on the questions with which justined in the special circum-it dealt.
are exported every year to
the equal, if not superior, to the finest stances of his case.
"The difficulty then really lies United States, where they command natural spirit can be made at a "The third, and perhaps the in founding upon any such ex-favour. In food and health value, coat of about 7d. a gallon." most formidable, difficulty arises tracts as we have indicated any
as well as flavour, they are fully
While admitting that in a free from a consideration of the cir- principles either of general or of equal to those obtainable elsewhere. market the synthetic production of cumstances in which the proposi-particular application which would
oil could not compete equally with tions enunciated by the learned both afford a clear guide to a
the natural product, the Journal judge in the case in question came practitioner and be certainly con-
maintains that there is in existencó to be propounded.
sonant with the law and with the
at present a set of circumstances **The case
in question was judge's views. By way of illustra- The Chilean Government has which may justify the large-scale criminal, and not a civil case; it tion, we may perhaps refer short- Initiated new conversations with production of oil from British coal related to a phartered company, ly to the question of what are Soviet Russia on a proposal to ex-in the near future, and not to a limited company of often termed 'secret' or 'undisclos- change nitrate for ail, according to tha ordinary kind, and it resteded' or inner' reserves.
a cable from Santiago. upon a complicated set of facts
A bill establishing a petroleum and figures which were peculiar "When these expressions are refinery monopoly is expected to the case, and which formed the examined it becomes apparent that pass the Senate shortly..
HEAD OFFICE:-Taipeh, Formoss Incorporated by Special Imperial Charter, 1999.
Central Bank in Formos. Jank-Notes issund Average amount.Yen, $4,000,000 BRANCHES AND AGENCIES: JAPAN-Toyko, Yokohama, Kobe, Osaka, POBNOSA-Citran, Баг Καταλον Lostung,
Makong, Manto, Shinchiku, Taicka, Tais Takao, Tamaol, Toon, Hello. Talto. CLUNA-Glangal, Hankow, Amey, Foochaw,
Heaton, Canton,
Semarang, Batsels, Bombay. Londos, Now York, Dairen.
LONDON BANKERS;
Karolage back, litd., Lloyds Bank, Ltd..
Midland Bank, Ltd., Westminster Bank, Ltd.
Caimarcial Centrom throughout the world
THE BANK OF CHINA,
行銀國中
Head Oce: 65, Broadway, New York.
E. NAGURA,
Капар
TONG KONO BRANCH,
A Des Voeux Bond Condens. Hong Kong. Deceta bar, 1931.
Reorganised October 28, 1928, under
Capital
special charter of The National Gov- ernment sa an
Surplus
Reserves
INTERNATIONAL EXCHANGE
BANK.
Subscribed Capital
$25,000,000.00
Paid-Up Capital
.$24,710,200.00
Reserve Funds
Aralardan Akrocy Athons
Beale .$ 3,820,501.82
HEAD OFFICE: SHANGHAL
HONG KONG BRANCH:
4, Queen's Road Central.
Owing to our numerous branches in China and large connections in the important commercial centres of the world, we are able to extend to clients special facilities for domestic and foreign banking and axchanges.
We also handle the lasue of Bonds and other Public Funds of the Chin ese Government both at home and abroad.
SHOU J. CHEN,
Manager.
Hong Kong, 6th March, 1931.
THE YOKOHAMA SPECIE BANK, LIMITED.
Established 1880.
Sapital (fully paid-up) Yan 100,000,000 Reserve Fund
.. Yan 118,200,000
Head Office:-YOKOHAMA.
Branchen and Agencias at: Alexandria
Batavia
Berlia
Bombay
Calcutta
Canton
Changchun
Dairen (Dalny)
Hamburg Jankow
Nagasaki
Nagoya Newchwang New York
OSAKE
Rangoon
San Francisco
Seattle
Pongtion (Hükden) Rio de Janeiro
Londen
Bemarang
Shanghai
Ehlmongel Singapore Sydney
Bourabaya
¿Tientsin. Tokyo Taingtan
odloturent alloyed as Current
rétesíte be obtained).
BRANCHES:--
Übe
Nice
Olangor Havana Hamburg
Naples
Firmowe Farie
Havro Interlaken
Darlin
Harita
Bombay
Bremon
Janual.m Lido
Brusle
Loudoo
Bazos Aires
karpool
Cairo
Lucerna
Lugana
Luxor
Maralling
Caleytta Banner Colombo
Constantinople Moats Carlo
Copenhagsa Manila
Falcburgh
Maaleh
Plores Canva
Montreux
Penang Peking Paleria Rotterdam Now Steboul Shanghai Souiliampton Singapor 81. Martia
Nuntala
Vlkons
Venice
Yokohame Zariak
Branche of American Express Cam- pany in Principal cities of United States of America and Canada.
All classes of Commercial Banking Transactions undertaken.
Personal investment handlod.
accounts
The Company offers to intending Travollars the use of ita “Travellers Cheques" and Letters of Credit and, in addition, the world-wide services of its thoroughly equipped Travel Department.
E. W. DUGGAN,
Manager.
FOR SALE.
Stanley Gibbon's
Postage Stamps
Catalogues
for 1932
Whole World British Empire Foreign Countries
.$12.00
.$ 5.25 .$ 8.00
GRACA & CO. Dealers in Postage Stamps, Garden Seeds, Picture Books,"
Toys, etc., etc. No. 10, WYNDHAM STREET, P.O. Box No. 620, HONG KONG.
Bring Your PRINTING Problems to Us
THE NEWSPAPER ENTERPRISE LTD. ORINA KAIL ALDE, SA. WYNDHAM, NY.
THE BANK OF EAST ASIA, LTD.
(༢༩-
Established · 1918
HEAD OFFICEPE
10, Des Voeux Road, Central HONG KONG
Capital and Surplus Total Resources.
over HLS 6,000,000.00 over H.$30,000,000.00 Every description of Banking and Exchange business transacted.
Current and Fixed Depoiß Adcounts in local and fer,
currencies opened for clients, Savings, Account and Bate Deposit Boxes,
Branches and Agencies" all, over the world. A
KAN TONG PO,
Chief Manager,
מלון
#why
12690)
Jesus]
Different Types.
A.O.F. C. Average of Shanghai Stocks
12 Ave
CHANE KÜPRESENTATIVE STOCKS
NITRATE FOR OIL.
to
B
| SUGAR CAN MAKE THE WHEELS GO ROUND.
One Way Of Using Up Surplus Stocks.
The use of sugar as a' lubricant for machinery was one of the sug gestions made at the International Sugar Conference in Paris.
It was put forward that this would be one method of consuming the surplus production of auger, which is causing difficulties to the industry..
.
The International Sugar Council agreed to co-operate with the Berlin research bureau, which has been making studies of the uses of sugar for industrial purposes. One dela- gate described a satisfactory experi- |ment, 'In which a sixty per cent, solution of sugar was used as a Inbricant.
UNCLAIMED TELEGRAMS,
The following unclaimed tele gram, le lying at the E.E. Tale graph Co.'s office.
Chazelle, D'Artagnan, Messa- gories -Maritimes; from Shanghai:
C. C CLARKE,
Manager.
Businers, has been suspended on even remotely represent
Hong Kong, February 4, 1982. stress con- Chinese New Year) The clearing the Shanghai Stoc ange dar-ditions. confronting othe market. | VP of the gérious situation focally is
The following anclaimed tele ing the past
The ember-Prices are deflated to extremely low Practically prerequisite to a fair and grams are lying at the office of |roney that.
The levels and it is probable that
worth-while market, so there may be the Great Northern Telegraph By Bomadelty in the market was steady on the last day, little stock is held by people who normal
of Company (Limited) of Des arkets, markge January
business dwindled, are not prepared to carry on through to a very small volume. NESS the current criticaly
Abramoff, Hotel Cecil, from The fact that Bp many, members As the Chinese Bon [äré: engated is idarence, work maken - künnen död suntir, Feba
the continuance of a normal market probable that the Stock Impractical, There is nothing that will also stay closed until
stical record of the
follows:
39240 Shanghai.
24.10 Stansweib, from Tokyo.
121) 1031 28:66
1982 2449
Superintendent
$1932
30 1984 26.061 Hong Kong Jantley