£ §,400,000 $10,000.200
Branches, Agencies and Correspon- dente in the principal cities of the world.
BANKS
HONG KONG AND SHANGHAI BANKING CORPORATION.
Kutherland Capital lawed and Pully Paid-29 15,800.000 Reserve Fund 201
ARALARELİŞANISKYROCK.§50,300,000
Wing...
Barva Liability of Proprietors... 430,100,000
HEAD OFFICE: HONG KONG.
BOARD OF DIRECTORS: --
Hon. Mr. J. 1. Paterson.
Chaletoan
T. E. Pero, Log.
Deputy Chairm
Ban, M. W. 1. Deit, J. &
Compton, Eag T. 3. B. Bhaw, Esq.
Mr. O. G. S. Muokia. J. P. Warren, Yog.
4. Miskia, Key.
V. M. Gamyburn, Esq.
Chlot Yesun
BRANCHE:-
LONDON
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.
Incorporated by Royal Charter, 1859.
HEAD OFFICE: LONDON,
-THE HO HONG BANK, LTD.
(Established 1917.)
HEAD OFFICE SINGAPORE. Hong Kong Branch: 13, Queen's Ed. C.
Authorised Capital Straits #20,000,000 Issued Capital
AMOT
BANGKOK
BRATAVIA
CRUMBAY
Every description of Banking and ..£8,000,000 | Exchange business transacted.
TAN ENG HOOL,
***
8,000,000
Paid-up Capital
-
4,000,000
Reserve Liabilities
of Shareholders Eurpins
4,000,000
*
મ
2,687,000
Paid-up Capital
Reserve Fund
£3,000,000 24,000,000
Reserve Liability of Pro-
prietors
Agencies and Branches:
ALUM BILH
AMNITSAR
KUCHING
MADRAS
Plummer, Beg.
BATAVIA BOMBAY DALOUTTA CANTON CAWNPORE DEBU
MANILA
MEDAN
PEPING (Faking) PENANG
COLOMBO DAIBEN
BAIGON
SEMARAKO
DELII
SEREMBAN
SHANGHAI
BIKOPORZ
LTONG
MALAGOA
MANILA
MUAR (fakort)
IDALOUTTA UANTON CHEFOG
COLOMBO
MURDEN
REW YORK
DAIBEN
YOOCHOW
HAIPHONG
HAMBURG
ILANKOW
HARBIN
HONOKEY
BAKA
пон
UOBS
Koal
KOWLOON
KUALA LUMPUR
TEIPINO
PENANG
ПANGOON
BAIOON
ZAN FRANCISCO
RILANOWAY
KINGAPORE
SOU BABYA
BUNGE PATANI
VIRNTHIN
TOKYO
FSI NOTAÐ YOKOHAMA
Carreal Accuate opened in Local OntreBOF and Fixed Deposit sted for com you shorter periode in Loss Currency and Sterling
bazna oklah will be quoted on apelostion Hong Kong, 30th March, 1932.
HONG KONG SAVINGS BANK.
The Buses of the shove Bank is conducted
by the HONG KONG AND BHANGHAI BANI
O CORPORATION. Ba's may be obtained
application.
FOR THE HONG KONG AND SHANGHAI BANKING CORPORATION.
7. K. GRAYBURN,
Chief Muanget.
Hong Kong, th February, 1932.
THE BANK OF CANTON, LTD.
Established 1912.
Head Office-Hong Kong. Korimal Capital (H.K. Ouremacy) ... 31,000,000 Palk-Up Capital waarnemeritaksenpasar Bmovi Fund .......
BRANCHES :-
$300,000
Centos, Shanghal, Kankaw. walow. Bangkok. New Tork and Ban Francisco.
LONDON BANKXER :—
The Lloyd's Book, Limdied. CORRESPONDENTS
Im all principal vities of the World.
Forsigs mohangs and banking bumaan el
avery fasorption Iranasotad.
Bas Dspielt Boxen (razione siasa) at a yearly
emind of broen BE to $40.
LOOK POONG SHAN,
BANGKOK
NEW YORK
RANGOON
BITLAWAN
HAIPHONG HAMBURG
ILANEDW
HARBIN
TONG TONG
TOKYO
ILOILO
ІРОН
КАПАСЕН
Managerg
THE NATIONAL CITY BANK OF NEW YORK.
HEAD OFFICE: 55, Wall Street, NEW YORK:
Capital, Surplus and
Undivided Profits U.S.$225,347,458.11
Branches in:-
HOURABAYA
TAIPINO
TIENTHIN
ARGENTINE
TONGKAH (Bkukeli
BELGIUM
TSINGTAO
BRAZIL
ЧОКОНАМА
ZAMBOANGA
CHILE
KUALA LUMPUR
CHINA
COLOM
COLOMBIA
Foreign Exchange
And
General
CUBA
КОНЕ
KLANG
KUALA KANGSAR
Banking business transacted.
Current Accounts opened and Fix-
ed Deposit received for one year or shorter periods at rates which will be quoted on application.
J. STUART,
Manager. Hong Kong, August 17, 1931.
NEDERLANDSCHE HANDEL- MAATSCHAPPIJ, N.V.
(NETHERLANDS TRADING SOCIETY) RANKERR
Basablished 1994,
Hong Xose Offen:-11, Queen's Road Central.
Authorised Capital Builders 150.000.000. Paiš-Op Capital
Becerra Fund
........ Qulkdere 40,010,000-
Head Off-AMSTERDAM”. Eastern Head Duca-&TAVIA. Branches-Dandjormento, Bando
Bombay, Delulta Claribes, Djember Bjok- Jaluta". The Bagus", "Jiddah, Kabe, Makassar, Medan, Falembang, Pake Longan, Penang, Bangoon, Bottardem", Berang, Shanghai, Binspoes, Bearn
bais, Bourakarta (Solo). Tegal, Tillatjap and Waliorradou”.
• The oder here Safe Deposit Boxes to Lai.
LONDON BANKERS:—
NATIONAL PROVINCIAL DANE LYD,
Correspondents all over the world, Banking Bank- saga of every description (ransacted.
A. STOKKINE,
Bong Kong December, 1931
THE
Manager.
Chlef Manager. AMERICAN EXPRESS COMPANY.
THE BANK OF CHINA. 行銀國中
Reorganised October 26, 1928, under
special charter of The National Gor- erament as an
INTERNATIONAL EXCHANGE
BANK.
Bubscribed Capital
Pald-Up Capital
Beserve Funds
LONDON
MEXICO
PANAMA
PERU
PHILIPPINE
ISLANDS
THE
CHINA MAIL.
Commerce and Finance
CONSTITUTION OF THE
EMPIRE
PROFESSOR MORGAN ON A
NEW DEVELOPMENT.
TUESDAY, APRIL 5, 1932.
**
ROLLS-ROYCE TRIUMPHS IN
AERIAL ENGINEERING
STEADY PROGRESS IN 1931.
Review of British Aircraft Industry.
Belgium's new order for Fatrey; the kind yet placed in commission aircraft the biggest ever placed were added to the fleet of Imperial by a foreign Government with the Airways. British light aeroplanes
Mr. J. H. Morgan, K.C., Profes-] Dominion Government which he British aircraft industry is so were credited with more important sor of Constitutional Law in the represented, and as such a merely closely connected with the activi-long distance flights than in any University of London, gave the executive instrument with no ini- ties of 1931 that, though formally earlier year.
Among them Squa- second of three Rhodes Lectures, at tiative of his own, neither claim- confirmed only in the first days of dron Leader Hinkler's great flight University College on "The Dom- ing, nor possessing, the "confid- the new year, it fails into true per from New York to London by way ence" of his Majesty as one of his spective as the chief.trade triumph of the South Atlantic Ocean, the It was just of the preceding twelve months. record dash from England to Cape The new contract for the supply Town in 6% days accomplished by
Governors-General.
of the International Banking Cor-ments by depressing that of Great those two poration in Spain and also of The Britain. National City Bank of New York' (France), S.A., in Paris and Nice.
R. M. MCLAY,
Hong Kong, March 1, 1932.
Manager.
The Solution.
the
trade.
-
inion Status.”
He said that there appeared in Ministerial advisers. the columns of 'The Times" a dis- that confidence which Mr. Bruce
of more than sixty single-seater and Mr. Gordon Store and Miss Peggy patch from Its Correspondent at would enjoy.
Mr. Perhaps his high functions would two-seater fighters to the Belgian Sulaman,
Chichester's 15- Melbourne announcing a new còs-! titutional experiment on the part of not stop there. He conceived that military air service, all fitted with tonishing fents of aerial naviga- the Commonwealth Government, an in all imperial matters affecting the Rolls-Royce supercharged "Kes- tion in the South Pacific and Mr. experiment which it was no exag- Australia he would be called into tref" engine, is a triumph without Butler's record flight to Australis parallel in the history of aviation in a small single-seater monoplane, PORTO RICO geration to say that there was the council by the British Cabinet,
It comes while the earlier call for especial mention. DOMINICAN
seed in whose successful germina-i STRAITS REPUBLIC
SETTLEMENTS tion would be discovered the solu- With the 'Tegalization" of his order, secured by the Fairey com- The Royal Air Force routine INDIA
URUGUAY
is still in exercises, including the annual VENEZUELA
tion of a problem that had vexed office the Governor-General, how-pany 14 months ago, ITALY
every Imperial Conference since ever, enhanced his prestige, hadi process of fulfilment; every mer African cruises, long distance fly- JAPAN
lost much, if not all, of its import- chant will realise at once the de- ing boat journeys in Europe and Commercial and Travellers' Letters the year 1907,
mimic air "war" That problem,, always pressing, ance. At the present moment there gree of confidence in and satisfac- Africa and the of Credits, Travellors Cheques, Bills of Exchange and
lively agitation in South lion with the British machines designed to test the air defences Cable Transfers might be said to have become im- was a bought and sold. Current accounts
of London, went through with the and Savings Bank accounts opened Perative as the result of the des Africa and in the Irish Free State which that fact implies.
Though the new Belgian order) smooth efficiency and clockwork pre- and Fixed Deposits in local and for-tructive ingenuity manifested in for the abolition of his office al-
export cision expected of them-which is eign currencies taken at rates that those resolutions of the Imperial together, or rather for its submer will not affect the 1931 may be ascertained on application to Conferences of 1929 and 1930 gence in that of the Prime Minister figures, the British aircraft Industry at once a tribute to the High skill the Bank.
which attempted to raise the under the title of "President." yel did sufficiently well during the of the British service pilot and the We are also able to offer our Cus
If that change came about in year, reckoning on the basis of trustworthiness of his flying equip tomers the services of the Branches "status" of the Dominion Govern-
Dominions (it cer-figures #t present available, to ment. tainly would not happen in maintain in spite of the financial
Rustless Steel. others), he would
Important progress was made in cease crisis the national lead in exporti be The problem had been stated at to
what he IOW was-of aircraft material. For the third metal construction, with especial every Imperial Conference in suc- namely, his Majesty's representa successive year, Britain headed attention to the employment of rust- cession except the last two-which tive and those two Dominions the aircraft exporting nations of less steels and the metal covering furtively ignored it as that of would take on a kind of republican the world, the best of all tributes of aeroplane wings Machine de- "continuous consultation in all im- complexion. It was for them to to the superiority of the national sign revealed the increased im- THE BANK OF TAIWAN, LTD. portant matters of common Im- decide, but he doubled if they products. And the outlook for portance attached to aerodynami- perial concern. He borrowed those would gain very much by it. 1992 is bright. The admitted lead¡cal efficiency and good streamline; Of one thing he was quite sure, established three or four years ago, an excellent example of the clean HEAD OFFICE:--Taipeh, Formosa.perial War Conference of 1917. and that was that those who ad- and consolidated in 1931, in the and shapely aeroplanes now being And the solution now attempted vocated this change did not realize production of all classes of mill built by the British industry for by the Australian Government was the almost fatal consequences to tary and many categories of civil civil use is the new Avro mailplane, the appointment of one of Austra- their existing system of Cabinet aircraft is expected to bear even a high-speed forerunner of a new British in previous class of extremely swift Bank-Notes lated Ararage amount an. 15,000,000 lis's most distinguished sons, Mr. Government which its adoption heavier fruit than
They could Bruce, as "resident Minister" in would involve.
not years.
Suspension of the gold commercial craft. Here is un- London.
have, in any Constitution, a union standard, and the subsequent drop doubtedly to be perceived the in- The appointment represented the of the office of head of the State below parity of the pound sterling, fluence of years of study of high maturity of a suggestion put for and
Minister unless they have made the prices of British speed flying.
British engine ward again and again in the years were going to give the executive material still more competitive.
progress has before
the War by one English the same position as it occupied in
marched with and greatly assisted Technical Progrea5.
straraft development. Most lim- statesman after another-in parti- the United States.
British technical progress in A Warning.
portant, perhaps, was the produc- cular, Mr. Asquith and Lord Mil-
The position was that the Presi-aviation during 1931 attained its tion of superchargers which ner. The appointment meant that, for the first time in our history, a dent was directly responsbile not highest point in the permanent ac more efficient than those produced Dominion Cabinet would have to the Legislature but to the elec-quisition of the Schneider interna anywhere in the world. Work pro- tionat seaplane crophy and the set-ceeded on several unorthodox types direct audience or the King when-torate-directly appointed by
world speed records of power unit, notably compres- ever it wished to tender advice to plebiscite for a term of years and, ting of new
for the duration of that term, irre- which seem likely to remain far alon-ignition his Majesty.
Its Importance.
movable. That would mean, in beyond the capacities of any for heavy oil instead of volatile spirit, The importance of the appoint- South Africa and the Irish Free elga challenger for some time to and complete success in several of
Stainforth's record of 407.5 these ment was not in the least to be State, the end of that system of come.
experiment and found in the fact that Mr. Bruce Cabinet Government which up till miles an hour exceeded Orlebar's research is in sight. Problems as- would also act as High Commie- now had been a common feature of achievement in 1929 by almost sociated with the adoption of eva Bloner. That was quite the least all the Dominions. He doubted If exactly 50 miles an hour; It indic-porative, or steam, cooling in the important aspect of the appoint- political opinion in those two Dom-aled a standard of efficiency in air-place of water-cooling were over- inions had realized that implica-craft and engine design and con- come and there is a likelihood of that has not yet been the newer system being standard-
Apart from the ised for service use before long.
(TAIWAN GINKO.)
Incorporated by Special Imperial
Charter, 1899.
Central Bank in Formies.
BRANCHES AND AGENCIES: JAPAN-Toyku, Tokohama, Esba, Uważa, FOBMOSA-GIran,
Karenko, Kag
Kmolung Kakoag, Nuts, Shinehiku, Talebu, Tainan, Takeo, Tamus, Toon, Heita. Taito. OITINA 1-8hanghai, Hankow, may, Froehow,
Swatow, Casion.
OTHERS-Korg King. Singapore, Soelay
Bamming, Dalarla, Bombay. London, Tork, Dairen.
LONDON BANKERS,
Dank, Ltd.. Lloyds Bank, Ltd.. Midland Bank, Ltd, Westminster Dank, Lad.
New
INC.
The Back the Correspondents in all the principal Council Centres throughout the world. K. NAGUHA.
Vanagar
Head Office:-65, Broadway, New York.
HONG KONG BRANCH:
J. De Vaux Road Comical. Floog Kaag. Derember 9, 103.
Capital ....... .U.S.$6,000,000 Surplus
.U.8.$1,872,454
Reserver.........U.S.$1,908,209
Amasedam Chison
BRANCHES:--
Just Received.
$25,000,000.00
..$24,710,200,00
Antwerp Atkaps
Glasgow Наталь
.$ 8,820,505.92
Bli Turia Bombay
Flemburs Bayre
Xiler Kaplas Pirm Posta
YVERT ET TELLIER
PRODE
Interlaken Tacuaniam Lida
Paling
Brunei
Bumor Al
Ostro
Chi
HEAD OFFICE: BHANGĦAL
HONG KONG BRANCH:
4. Queen's Road Central
Jwing to our numerous branches in China and large connections in the Important commercial centres of the world, we are able to extend to car clients special facilities for domestic and foreiga banking and exchangea.
Brande
Casa
Liverpool Lacerda
Inpas
Lazor
Marill
Constantinople Monie Carto
Colabo
Copenhage Maalis
Edinburgh Mualch
Florenon
Montreux
Milan
ESGOTA
Paleruss Botterdam Base Stamboul Bhaugbal Southampton Singapor St. Morite
ܕTun l
Vanza
Venice Yakobama Zurish
Branches of American Express Com-
We also handle the tune of Bonde pany in Principal cities of United and other Public Funds of the Chin-
ses Government both at home and States of America and Canada. abroad
SEQU I. CHEN,
All classes of Commercial Banking Manager. Transactions undertaken.
Hong Kong, 5th March, 1931.
THE YOKOHAMA SPECIE BANK, LEESTED.
Established 1880.
Personal investment handled.
socounts
The Company offers to intending Travellers the use of its "Travellers Cheques" and Letters of Credit and. in addition, the world-wide services of its thoroughly equipped Travel
Capital (fully paid-up) Yen 100,000,000 | Department. Heserve Fund
Yen 117,800,000
Hoad Office:-YOKOHAMA.
Branches and Agencies at:
Alexandria
Nowchwang
Nagasaki
Batavia
Nagoys
Berita
Bombay
New York
Calcutta
Osaka
THE
Palping
Dairen (Dalay).
Hamburg
Rangoon
Pongtien (Mukden) Hio de Janeiro
Hong Kong Hopolin
Kai-Tues
Kárachi
Landori
Los Angeles
Esn Francisco
Beattle
Semarang Shanghal
Chinianowad Singapore
Boarabaya Sydney Tientaln Tokyo Teigta... allowed on Current
Dépositi: récaired 'for dized periods)
finad on applicatio HKORD
Hong Kong, 11th March, 1982.
E. W. DUGGAN,
Manager.
POSTAGE STAMP
CATALOGUE
FOR
1932
At $6 Each.
GRACA & CO.,
Dealers in Postage Stamps, Religious Goods, Pletorlal Post Cards, Toys, etc... No. 10, WYNDHAM STREET, P.O. Box No. 620. HONG KONG
"Bring Your PRINTING Problems to De
THE KEWSPAPER ENTERPRISE. LTD. CHINA ZAIL, BLDG. · SA WYNENAM UT.
BANK OF EAST ASIA,
Established 1915
HEAD OFFICH
10, Des Voeux Bond, Central. HONG KONG
LTD.
Capital and Surplus.
aver B. 8,000,000.00 Total Resources.................................................... Uver H.$30,000,000.40. Every description of Banking and Exchange businesa transacted.
Current and Fixed Deposi. Acesonts in local and for- sign currencies opazed for clients.
Savings Account and Safe Deposit Boxes, Branches and Agencies all over the world.
KAN TONG PO,
Chlaf Manager.
words from a resolution of the Im-
ment.
Prime
息
1struction
lines of
are
engines burning
The smaller components of zero-
A High Commissioner, had never tion. been, nor could he be, a member of In view of all the rather topsy-reached abroad. the Cabinet of the Dominion which turvy attempts in those two Dom- valuable data gained in six months he represented, and for that very inions thus to explore and accen- of intensive preparation for the reason his office, in spite of all its tuate all the theoretical possibili- Schneider Trophy contest, the Bri-plane equipment and manufacture, prestige, had never been one of any ties presented by their new status, tish speed successes set the hall-right down to bolts and puts and significance, he ventured to utter a word of mark of a quality on British con-80 forth, were improved in many Ways great constitutional
He borrowed it structional methods. It cannot too respects during the year. nor had it contained any potentiali- friendly warning.
be emphasised that the and means were found to diminish ties of constitutional development. from Oliver Cromwell. And it was: often
He had been, and was, a servant "No man goes so far as be who record-breaking aeroplanes were the weight and at the same time to permanent official of the does not know where he is going, built according to the system gov- increase the strength and efficiency
erning the construction of every British aircraft and aero engine. ployed in aircraft construction. No "special" methods were intro- New types of navigational instru- as 21⁄2in. 2in. duced for the occasion, no
extra ments and improved devices for and 11⁄2in. - slacks,
COAL SAMPLING FROM WAGGONS.
Errors of System Under Discussion.
RESULT OF TESTS.
typically known
or
of some of the smallest units em
the care marked the rigorous inspec-securing control at speeds near the tests were performed with the tion and trial to which every part "stalling" point made their appear. object of determining whether a re- of the structure' was submitted. ances. presentative sample could be obtain- From first to last the job was done The building of aircraft material ed from a loaded waggon, either by in accordance with standard Bri- shows no signs of becoming a statle
as laid down by thetish practice. the method B.E.S.A., or by any other method, and to discover the source of such errors or discrepancies as might arise.
activity. More is learned almost daily. Problems that seemed in- No Serious Challenge.
superable a few years ago melt New land and sea-going war ma-away before the steady, purposeful chines emerged from the factories attack of the research worker and The beginning of 1932 In carrying out the tests, samples during the year, which saw, in-inventor. The sampling and analysis of coal |
serious challenge finds the British Industry consider were in general taken by two cidentally, no was discussed in considerable de-
The first consisted in abroad to the superiority of British ably more advanced on the difficult methods. tail by one of the selections of the placing a scoop in the stream of end military aircraft and power units, road to perfection than it was 12 World Power Conference held in just below the end of the conveyor On the civil side, four-engined months ago, and this year will as- 1928, and also by the Institute of delivering into the waggon, the landplanes and flying boats which suredly see progress at least equal
Fuel in the same year.
In the early part of last year, the coop being moved across from al-are the largest flying machines of to the achievements of 1931. British Engineering Standards A-tained at definite Intervals.
ternate sides and Incrementa ob- The
What Tests Reveal.
sociation were able to issue a apect-second method was to take a sample points on the waggon, and wide to sample the fuel by taking Ju- fication covering both processes, and from a position, in the truck one variations were found as between crements as the waggons are being In commenting upon this specifica-sixth of the distance along a the individual samples.
filled or emptied. In the latter case, tion we suggested that the part diagonal, and from the bottom of a
These results were found to apply it is particularly necessary that which most easily laid itself open hole at least 1ft. deep. The latter whether the sampling was carried increments should be taken during to criticism was that dealing with is the method recommended by the out at the colllery immediately after the whole of the unloading period. the actual collection of the coal B.E.S.A.
filling, or when the waggon had The fuel segregates in each waggon, samples. It is, therefore, of inter-
completed a journey. In drawing coarse sizes settling at the bottom eat, to hote that in a paper on
conclusions from the tests, the au- and sides during loading, the fines "Errors in the Sampling of Coal a result of preliminary tests, ther stated that, in the case of dry tending to be in the middle and on from Waggone, read by Mr. N. appeared that samples taken from slacks, waggon sampling by the top. Simpkin before the Institute of the tops of waggons did not give method given in the B.E.S.A. speci The Interesting question was Fuel, the author records the result satisfactory results. In the case of cation yields results which are in-raised as to whether it would be of a number of tests to ascertain dry slacks, the percentage of ash correct and unreliable, since they possible to load stack into waggons the reliability of the recommended and the proportion of fines being would tell against the seller by so that separation of course, and methods, the
higher than when the sample was shewing too high an ash content and fincs does not occur. The author Investigation Method. obtained by the conveyor discharge too much fines
did not offer any suggestion sa to For the purposes of the investiga- method. In one test twelve In-
He further stated that the only how this might be done, tion, work was confined to dry slacks crements were taken from various satisfactory method so far found is ing.