BANKS
HONG KONG AND SHANGHAI BANKING CORPORATION,
Abberland Chopital
Just and Fully Fides 3,000,00 Romero Panda (—
Barking. € 1,800,000
Resurrs Liability of Proprietarn' .............. 896,605,000 HELD OFFICE, HONG KONG.
BOARD OF DIRECTORS 1-4.
Elm. Mr. Q. 0. 8, Maskia. Chairman
Ion. Mr. J. J. Primoon. Deputy Chairman.
·T. EL Beli, Esq. AEL Compton, Esq.
-1). Mickle, Emq. 551 Psaros, Baq.
AMOT
BANGKOK
BATAVIA
DOMBAY
CALOUTTA
CANTON
3. A. Plummer, Zaq,
T. II. B. Bhaw, Zaj.
J. E. Wareva, Eng.
Chis! Manager,
V. M. Omybura, Bag:
GRANULES -
LONDON
LIONG
KALACCA
MANILA
XUAB (Johor)
CɑĽOM BO
DEDEX
FROCHOW
HCEDEN
NEW YORK
HUPTIONO
HAMBURG
HANKOW
HARIK
LONGER W
KOREA
TINCHI JOHORE
- CODE
KOWLOON
KUALA LUMPUR
TEIPINO
PHKANG
KANGOON
HAICION
SAN FRANCISCO
KHANDETAI
BINDAPORE
SUURABYA
SUNGEL PATANI
TIENTSIN
TOKYO
TRINGTAO YOKOHAMA
Orant Ante opened In Local Currency wod Fixed Deposita received for one your or short peritia in Lood Ourway and Barilg on terms which will be quoted on appication. Hong Kong, Danambar 7. 11.
HONG KONG SAVINGS BANK.
The Punom of the shors. Bank in conadwolled by the HONG KONG AND SHAXOKAI BANH- INO CORPORATION," Bulan may be obtained
application.
POSTI TONGKONG AND SHANGHAI BANKING CORFORATION.
V. M. GRAYBURN, Hong Kong, 13th July, 1980.
Chial Manager.
THE BANK OF CANTON, LTD.
Established 1912.
Head Office-Hong Kong. Authorised Capital (II.H. Ourrency) ...$11,208,nod - Ospital,086,00 Bowers Food 200,000
·BRANCHES 1—
Canton, Shanghai,, Hankow, Bandow, Bangkh, Na York and Sun Prasolson.
LONDON DANKERS,—
The Lloyd's Bank, Limited. OORRESPONDENTS
to ak prioripal vitian of the World.
Foulan Paobaoge kod backing become f
emcription tresuntad.
ale Depoalt Bosse (variona alase) at a pansiy
cenial of from 25 to $40.
LOOK POONG BILAN,
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.
Incorporated by Royal Charter, 1858.
HEAD OFFICE: LONDON.
Paid-up Capital Banerva Fand
Reserve Liability of Pro-
prietorn
.£8,000,000 ....£4,000,000 £8,000,000
ALOR STAR
Agencies and Branches:
AMRITSAR BANGIOX BATAVIA BOMBAY CALCUTTA CANTON CAWNFORE снат COLOMBO
DAIREN
DELHI
HAIPHONG
HAMDURO
HANKOW
HARBIN
HỒNG TONG
ILOILO
ГРОН
KARACHI
KLANG
ROBE
KUALA KANGSAR,
KUALA LUMPUR
KUOLING
MADRAS
MANILA
MEDAN
PEPINO (Peking) PENANG
NEW YORK
BANGOON BAJOON SEMARANG BEREMBAN
SHANGILAI BING PORK
BYTLAWAN SONRABAYA
TAIPING
TOKYO
THE
CHINA
MAIL.
THE HO HONG BANK, LTD.
(Entahliland 1917)
HEAD OFFICE:-BINGAPORE. Hong Kong Branch: 18, Queen's Hd. C.
Authorised Capital Strata $20,000,000 Issued Capital Paid-up Capital RIJGTO
11
་་
Liabilities
of Shareholders. Surplus
8,000,000
4,000,000
#
D
4,000,000 2,687,000
Branches Agencies and Correspon dents in the principal cities of" tha world.
Every description of Banking and 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 Profita.U.S.$226,037,392
Branches in
ARGENTINE
TIENTSIN
TONOKAH (Phuket)
THIKOTAO
BELGIUM
TOKOHAMA
BRAZIL
ZAMBOANGA
CHILE
CHINA
COLOMBIA
GUBA DOMINICAN
Foreign Exchange and General
Banking business transacted.
Current Accounts opened and Fir-
ed Deposits received for one year or
shorter periods at rates which will be | INDIA ~IC
quoted on application.
J. STUART,
Manager.
Hong Kong, August 17, 1891.
NEDERLANDSCHE HANDEL MAATSCHAPPIJ, N.V.
(NETHERLANDS TRADING SOCIETY) BANKBRA
Katabilabad 1824,
Hong Kose GBos:-11, Quain's Road Central,
Authorized Capital Outlägen 159,000,000- Paid-up Capital ............... dolidere 90,000,000- Reserve FundQufidors £6,015,000.
[faad Off-AMSTERDAM”. Eastern Hand GM:-BATAVIA. Branches--Baadjarmasin, Dandong", Bombay,
Catouila, Charidon, Dacher, Djok jakarta, The Magua". Jilash, Kobe, Makassar Medan, Palembang. Paka looga, Panang, Bangor, Botterdam", Bamarang, Shanghal, Stopspore, Boers bala, Boerakaris (Balo). Taal, Tikinijap and Weltevreden*.
• The offices have Safe Deposit Bóza lo Lai.
LONDON DANKRDO :—
NATIONAL PROVINCIAL BANK LTD.
Correspondente il orse the world. Barking Bosi. new of every description tracted.
A. STOKKIKK,
Hong Kong, let December, 1981.
THE
Manager.
Chief Manager.| AMERICAN EXPRESS COMPANY.
LONDON
MEXICO
Commerce and
Finance
THE TRANSPORT OF THE FUTURE
3
RAILWAYS AS ROADS ?
TUESDAY," FEBRUARY 16, 1932.
REVIEW OF YEAR
1.
1931.
Rubber Industry.
HARASSED PRODUCERS.
To say that the year 1931 was the worst that the rubber plantation įindustry has yet experienced would be to give only a slight indication of the deplorable conditions that
Some of the daily papers are once sist of loads which belong to one developed and combined to worry more toying with the idea of con-owner, who generally owns the lorry and harass producers to their wits"
end, says the Financial News. verting our railways into high-as well as the goods.
The Motor-Conch,
Looking back over the year, an speed motor roads. There is, of
When we turn to consider the observer is immediately impressed course, not the very faintest symp tom of any immediate plan for possible transfer of passenger traffic by the air of uncertainty that pre- carrying out such a revolutionary from the rail to the roads the valled from the beginning to the year opened with а proposal. On the other hand, it fa answer is that the process is already end. The not only possible but probable that at full gallop, though we are a long majority of producers looking for our grandchildren will see an Eng way from seeing the old railway compulsory curtailment of produc-
outstretched}} land in which no railways survive, monopoly of long-distance passen- tion, which had far Railroad construction has virtually gers being converted into a road consumption, and the year closed in The suburban "com- precisely the same manner. Indeed, ceased throughout the world. This monopoly. country has, of course, been ade-muter," as he is called in America, during the course of the year many quately equipped with trunk lines is increasingly using motor-coaches, of those who had not been in favour for many years past: Any exten-partly because he can rely on a seat, of restriction came over to the side sion of our own railroad system whereas in tubes, trains, and trama of the restrictionists.
be limited he has to fight for a seat and is. Throughout the year, endless and, SETTLEMENTS would in any
The as it proved, frultless negotiations nowadays to small local lines; and often forced to strap-hang. URUGUAY
the railway companies have long holiday-maker in England patron- were going on between the British control about 95 per of the total world out- Thatafter twelve months
attributable entirely to
PANAMA
PERU
PHILIPPINE
ISLANDS
PORTO RICO
STRAITS
VENEZUELA
case
Bal and Travellers' Letters/Since discovered that a motor-bus Ises the motor-coach in increasing) and the Dutch producers, who be
of
the Bank.
and Nice.
Travellers' Cheques, Billa service has
F. McD, COURTNEY,
Manager. Hong Kong, June 16, 1981.
(TAIWAN GINKO.)
HEAD OFFICE:Taipeh, Formosa. Incorporated by Special Imperial Charter, 1899.
Cod Bank Fortosa.
Bask-Notas issued Average on... 45,000.00 BRANCHES AND AGENCIES:
Takso, Tauai, Toen, Hello, Tulla.
Swatow, Canice. OTHERS:-Kong Kong, Bngapore Bouzabaya,
York, Dairen.
LONDON BANKERS:
Barclays Bank, Ltd. Lloyds Bank, Lido Miland Bank, Ltd., Westminster Bank, feld,
The Bank has Correspondents in all the principal Commnarnal Cantese throughout the world. K. NAGURA.
enormous advantages numbers every year; and even the tween them
it can
Instead
there
are
How Long Can I
Go on Like This ?
..
Every day, work is more burden. some, the sustained effort more try- ing, leaving à condition of exhaus- tion that can not continue.
Such run-down conditions need the splendid blood-making, nerve- strengthening tonie
Dr. Williams' Pink Pills
sources
For the overworked businessman, as for men in every walk of life, there are times when nature's re- The need outside help. tonk proporties of Dr. Williams' Pink Pills, are derived from their unique power of oxygenizing the blood, thus enriching and purifying the supply and enabling the rod corpuscles to multiply.
The prescription is that of an sminent qualified medical parctition- er who used the formula in his own practice with remarkable success in all that class of ailment caused by anaemia (impoverished blood) ruch as: loss of vigour and vitality, pallor and loss in wel,
In weight, nerve weakness, dizziness and palpitation, insomnia, pins in head, back and limbs, digestive troubles, rheuma- tism and sciatica. The blood stream is the fountain of health, therefore take a course of Dr. Williams' Pink Pills. They
BRING RENEWED ENERGY
BY ENRICHING
THE BLOOD
of Exchange and Cable Transfers over a branch line for serving a Continental traveller begins to dis- cent. bought and sold. Current accounts thinly populated area. The motor play similar tendencies. A seat in put and Savings Bank accounts opened bus is as fast as the average local'a first-class modern motor-coach ia no agreement had been reach. and Fixed Deposits in local and for- eign currencies taken at rates that stopping train, even if it traverses, good deal more comfortable than ed is may be ascertained on application to difficult roads. It entails a very being squashed with nine other per- the attitude of the Dutch, for the small capital outlay. It requires no sons into a third-class railway car-British were perfectly willing to We are also able to offer our Cus-Act of Parliament, and involves no ringe; and the rod, with its kaleido-restrict, although they were firm on tomers the services of the Branches heavy law costs. It demands a scope of everchanging human inter- the point that they would not do so of the International Banking Cor-
fascinating than except with the full support and co- poration in San Francisco and Spain minimum of labour. It is extreme- est, is far more and also of The National City Bank ly flexible, as transport can be suit- the lonely straights of a railway, operation of the Dutch. of Now York (France), 3.A., in Parised to traffic within the widest limits, it is probably true to say that every To attribute the prevarications of and eliminates such absurdities as long-distance traveller, except the de the Dutch to a hope that the British the daily running of a long train luxe type and the man in a great producers would again restrict alone another for the sake of a mere handful of hurry. already prefers the road to and provide them with passengers. The question of long- the rail. The road coaches will as period of plenty such as they ex- under the Stevenson is an-yet only accept very limited par- perienced distance high-speed trains THE BANK OF TAIWAN, LTD. other matter altogether. Passen-sonal luggage. They do not offer scheme would be unjust. Their gara and goods must be considered a good meal on the journey, except failure to respond to the overtures separately. Already the motor at the cost of 45 minutes spent at of the British was due to the great lorry has largely superseded the an hotel. And, fast as they now difficulties presented by the problem railway for goods transport, and is are, they still a great deal of native production in the Dutch increasing its hold on the transport slower than the Cornish Riviera or East Indies, difficulties which sup- of freight every year. Its great the Flying Scot. But comparative-porters of restriction have been in- under estimate. Having oftenly small advances in road organisa-clined to advantage is that eliminte unloadings.
of tion would remove the disabilities regard to the fact that it was the originally encouraged JAPAN:-Tɔyko, Yokohama, Kobe, Duka,
being taken in some form of van to, from which the road coach suffers. Dutch who FORMOSA Gins, Kad, Karenko, Kostum
Mekong. Haato, Bbirchiku, Talchu, Tales, a station, where they are unloaded Perhaps the whole matter is clinch- the natives to plant up their land CHINA |--Shanghai, Hankow, Amor, Foochow And reloaded into the train, to re-ed by an unquestionable assertion. with rubber trees, it can be readliy
a understood that any attempt to in- Malaya peat the process at least once again However wealthy and warlike Sanamng. Bevis, Boy, London, New before reaching their destination, great Continental Power might be terfere with their output would Ceylon
certain kinds of freights are loaded in the future it would never dream cause considerable unrest.
Production Maintained into a lorry, driven straight to their of spending money on strategie rail- destination, and
unloaded ways as France, Germany, and It had been thought that the pre- writes G. B. in the Manchester Russia have done in a not very dis-sent low price would have resulted D.El. Guardian.
Indo-China tant past. It would prefer to sup-in a substantial contraction in pro- The labour costs of the lorry ply its frontiers or its invading duction, but auch has not been the Brazil
Siam transport are not so light as some armies by road, because road traffic case. This is attributable partly to people imagine, for a lorry which would be just as rapid, far more the fact that producers have been Africa conveys eight tons requires a crew flexible, less expensive, and less hanging on in the hope of restric- of two men, whereas a goods train prone to disorganisation by artillery tion becoming an accomplished fact may consist of numerous waggons, and air raids. We may therefore and partly to the fact that they have! each holding from twice to five assume that railway traffic is ob-found it less costly to continue pro- times as great a load as one lorry. Bolescent, though the rate of its duction than to close down their Such a train carries a crew of three obsolescence may not be one-quarter estates.
U.S.A. men. It is true that many more: 48 rapid
some enthusiasts Declining consumption in the Canada men are indirectly employed in the imagine.
has also added U.K. United States. Looking ahead on unknown num-materially to the difficulties of the Germany running of the train, as politamen, running-shed men, shunters, and so ber of years, we may thus expect to situation, while other countries have France forth; but the lorry is similarly see the trunk railways of the world also been taking less rubber, al- Italy backed by policemen, roadmen, fill-converted into high-speed motor though the slackening off in demand Russia Sunrise and Sunset in Hong Kong ing-station staffs, and mechanics, roads, probably worked under a has been more pronounced in the Scandinavia for February, 1982, (Standard time The present financial plight of the speed minimum. They possess a United States than in other coun- Belgium and
railways is nevertheless due to the special asset for the purpose the tries. The following table gives de- of the 120th Meridian, East of fact that in order to compete with value of which can never be exag-talis of shipments and consumption Australia
They already run-in in 1931, the figures for December Japan rand traffic in both goods and pas-gerated. Greenwich), are as follows:-
sengers they have been forced to England, at any rate-right into the and in some cases for November Others cut their rates to figures which do very heart of the towns and cities having been estimated: not pay a commercial interest on which they serve, and are equipped their capital. There is at present with the necessary bridges and very little mixed and casual road tunnels and running-stock parks and transport of goods as compared warehouses. It would only be neces with the tonnage conveyed in simi-sary to take up the rails, resurface lar fashion by the railways. If the the tracks, and excavate (probably) average Briton desires to send a huge subterranean garages at all cumbrous article 50 miles, be it a main railway stations. They are typewriter, a piano, a kitchen range, adequately fenced and many of the or any similar domestic commodity, necessary exists and entrances for he almost invariably puts it on the side traffe already exist, together rall. If he passionately desired to with accommodation for the very cells may have ceased to function. terference emanating from the unit forward it by road, he could usually large staffe required to administer Such a cell simply nets as a com- and a particular claim is made for do so; but contractors who accept and operate huge high-speed roads, paratively high resistance and I the fact that the container is of casual, mixed freights of this kind for the use of which fees would be have known of cases where a de the safety-first variety,
INC.
THE BANK OF CHINA.
行銀國中
Head Office:-65, Broadway, New York.
Managor
HONG KONG BRANCH:
1, De Faux Food Cratisi. Hong Kong Deormber 3, 1981,
Boorganised October 26, 1928, under
Capital
special charter of The National Gov-
Surplus
.0.8.$8,000,000 07.8.$1,572,454
ernment as ST
Reserves
U.9.$1,908,209
INTERNATIONAL EXCHANGE
BANK.
BRANCHES:--
Nice
Pirmor Part Род
Sunrise and Sunset
Faking
•
in Colony.
Subscribed Capital ....$25,000,000.00
Paid-Up Capital
Reserve Funds
..$24,710,200.00
Anelerdam Antworp Athens
.$ 3,824,508.82
Bel
Bacila
Biurrits
Bocobay
Веков
Bruin
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 our cllenti
facilities for domestic special
and foreign banking and exchanges,
We also handle the issue of Bonda
Buenos Aires
Call Canber
Glasgow Katana Hausborg
Marty Interlaken Irusalam Lido London Liverpool Lucerna
Lurang
Lazor
Marseilles
Colombo Constantinopla Monte Carlo
Munich Montreux
Copenhage Manila Edinburgh Plonnos Cheers
Palerie
Battarlam Rome Blamboul
اعدام معدات
Boulfaraptos
Singapors
81. Wortia
Vonios Takskema Zurich
Branches of American Express Com- and other Publile Funds of the Chin-pany in Principal cities of United ese Government both at home and States of America and Canada, abroad.
STANDARD TIMES.
www.
Sunrise Sunset
Date
16
SHOU J. CHEN,
Manager.
All classes of Commercial Banking Transactions undertaken.
17
18
A..
p.II. 6.56 6.20
6.55 6.21 6.54 6.21
19
Personal Investment accounta handled.
20
6.54 6.22 6.53 6.22 0,52€ 6.28
Hong Kong, 5th March, 1981.
THE YOKOHAMA SPECIE BANK, LIMITED.
Established 1889.
Capital (fully paid-up) Yen 100,000,000 Reserve Fand ........Yen 118,200,000
Head Office:--YOKOHAMA.
Branches and Agencies at: ́Alexandria
Nagmaak NATOYS Newchwang
Calcetta
*(Dalny)+
New York
Osaka Paria
Relpfer
Bangoon
Hien (Muiden) Rio de Janeiro
Kong
San Francisco
Seattle
Bemarang
Bhangha
The Company offers to intending Travellers the use of its "Travellers Cheques and Letters of Credit and, in addition, the world-wklo services of its thoroughly equipped Travel Department.
E. W. DUGGAN,
Manager.
15222~********
6.51
6.28
28
24
6.50 6.28 6.40 6.24 6.49 6,24
26
6.48 6.25
27
6.47 6.26
28
6.47 6.46
6.28
6.27
THE BANK OF EAST ASIA, LTD.
Estáblished 1918.
HEAD OFFICE::.
10, Des Voeuk Road, Contril
ANCHONG KONG
Capital and Surplus
Total Besources
and Fixed Deposit Accounts in local and for-
description of Banking and
les opened for ellenteel
"Account and Bafe Deposit Bozen.
And Agencias all over the world.
TAN TONG PO,
SE
(Continued in next Column).
Shipments.
1931
1930.
Tona.
Tons.
436,000
442,700
60,000
-75,600
Brit. India
9,500
10,800
Brit. Borneo Sarawak
6,000
7,100
· 10,700
10,300
250,000
241,000
12,000
7,600
10,500
14,800
4,800
4,800
1,900
8,800
800,400 817,000
Consumption.
1931.
1980.
Tons,
Tons.
850,000 878,000
25,000
28,000
74,000 74,800
40,000 50,000
45,500
*71,400
11,500 18,600
27,000
16,700
5,500
6,700
Holland
18,000
13,700
7,000
„6;400 ·
48,000
82,700
20,000
21,000
666,000 712,500
The Value of the Dull
Emitter Valves.
(Continued from Page 11.)
there is always the danger, es-ly ventilated, and at the same time pecially if the battery is getting on the Internal components are suit- in months, that one or more of the ably shielded so as to prevent in-
are not at present adequately or payable. Incidentally, the cost of fect of this sort occurred between The novel and advantageous fes- ganised. Their potential customers resurfacing the tracks to take fast the screen tapping and the anode ture of the case is the automatic do not know when their lorries run, motor traffic has been estimated tapping with the result, that the switch-and-fuse arrangement by or where their collecting stations although this. Is probably a gross voltage applied to the anode was which the latter are automatically are, except in the cities and large underestimate at £110,000,000, practically no higher (when a our operated upon the opening and towne, so the railways get the work which is less than the daily cost of rent was actually flowing) than closing of the lid. I recommand all The bulk of road freights still con- the Great War.
that applied to the screen.
BIG CITY MERGER.
Firm Founded by Boy Without Resources.
The Evening Standard Jearns that Have been
High Sensitivity.
experimenters who - contemplate making up H.T. supply unitkite take engaged in the South African ship The screen-grid valve is, of an opportunity of examining the ping trade.
course, an extraordinarily sensi- Ferranti "safety case" before com It is understood that, although the tive device especially for high-fremencing operations. amalgamated businesses will pro-quency work or for the high am Qalte a large percentage of bably lose their separate legal plification of very weak signals, home-made H.T. supply units are identity the day to day management but In order to get the best possible built up simply dpan: a roodan will continue on present lines. resulta to obtain the full ad- base, with the various.com
exposed to dust and danger, and it is undoubtedly
desirable to fed enclose the HT, unit in some type
upon and enclosed
The firm of William Dunn and Co. vant
century old and
Adjustm
unit, the