BANKS
HONG KONG AND SHANGHAI BANKING CORPORATION.
Luthorland Capital_.............
831.000.000 Imned and Fully Paid-up $30,000,000 Revere Panda --
Berling Silver
$600,000 $10,000,POR
Monaeve Liability of Proprision $30,000,000
HEAD OFFICE: HONG KONG.
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.
Incorporated by Royal Charter, 1855
HEAD OFFICE: LONDON.
Paid-up Capital
Reserve Fund
.£3,000,000 .£8,000,000
BOARD OF DIRECTORS 2000,
Reserve Liability of Pro-
prietors
.£3,000,000
Agencies and Branches:
ALOR STAK
AMNITBAR
LOOMING
Af. 1. Beil, Beg.
7. 8. Pasta, Est
Chilenam
7. 16, 12 Bhaw', Eng.
Depaky, Chalzzzas,
B. 11. Dodwen, Kot....
Comptos. J'aq? Eton Mr. G.G.1. Mackie,
AKOT
BANGEDE BATAVIA
BOMBAY
CALOUTTA
CANTON
CHEFOO
COLOMBO
DAIREK
РОССПОР
KAIPHONG
KABURG BANKOW KALBION
MOKOKEW
TOLLO
TPOL
JOHORE
KOHE
KOWLOOK
Mirtie. Erg,
Hon, Mr. J. 5. Yuleros.
1. A. Bummar, Bag,
V. M, Graybarn, tung.
Chiel Manag
KUALA LUMPUR
WBA KOILES -
LONDON
LIONS
MALACCA
MANILA
KUAR (Joboru)
MURDER
NEW YORK
PEIPINO
PENANG
BANGOON
BATUON
SAN FRANCISCO
SHANGHAI
SINGAPORE
NOURABAYA
BUNORI PATANI
TIENTADI
TOETO
TEXNOTAD
YOKOHAMA
Curreal Aceste epened in Lestal Currency
and Pized Depoalie recalved for one year or vorter period in Local Carvaner sal Becks
Lorca which will be quoted na napilantion. Hong Kong, 12th April, 1933,
HONG KONG SAVINGS BANK.
The Bachaon at two shivi bank is sondusind
* BONG KONG AND CHANGHAI BAJE
CORPORATION. Hain may be ebinized oppilation.
1
* THE BONDLING AND SHANGHA ****** COMPORATION.
T. I. GRADERS,
Hong Kong, 28th February, 1958.
OVERSEA-CHINESE BANKING CORPORATION, LTD. (Incorporated in the Straits Settlement)
SUCCESSORS TO
The Ho Hong Bank, Ltd.
The Chinese Commercial Bank, Lid.
The Oversea-Chinese Bank, Lid
Head Office:---Singapore.
НЕНОКОК BATAVIA BOMBAY DALOUTTA GANTON DAWNPORE 0330 COLOMBO DELMI HAIPHONG HAMBURG BANKOW
MADEAL
MAXILL
NEDAX
NEW YORK
PEIPINO (Peking)
PENANG BABOON
BLIGON
SEMARANG
BEEKNDAN
-KHANDBAL
SINGAPORE
MTIAWAN
BONG HONO
SOURABAYA
ILOILO
TAIPING
CABBIN
Iron
TABLURI
KLANG
KOEL
XUALA LUMPUR
TIENTSIN
TOKOKAN (bukes)
TSINGTAO
TOKOBAMA ZAMBOANGA
and
A. BREARLEY,
Manager. Hong Kong, 17th November, 1932.
•
THE CHINA MAIL
and
Commerce
Finance
MEANING OF REAL CAPITAL.
British Accountant's Terse Definition.
AN IMMINENT DANGER..
RISE IN PRICE OF SCRAP IRON. Cheaper To Use Than Pig Iron.
[SOVIET PROSECUTOR'S
BITTER TIRADE - AGAINST
BRITISH JUSTICE
(Continued from" Papa 1-)
He then veered to the sub-
MONDAY, APRIL 17, 1933
NEW ADVERTISEMENTS
THE HONG KONG JOCKEY··
CLUB.
ject of the bribery charges and DRAFT
COMPANY MEETINGS
DOUGLAS STEAMSHIP CO., LTD.
ORDINARY GENERAL
TSEETING of the Sharehold
RAFT PROGRAMMES
ers in the above. Company. will be and held at the Company's Office, P. & ENTRY FORMS for the 0. Building on WEDNESDAY, Fifth Extra Race Meeting, to be April 19th, at NOON, for the purs held on SATURDAY, 29th April, pose of receiving the Report of the 1938 (weather permitting) may be General Manager together with a obtained at the Secretary's Office, Statement of Accounts to the 31st the Club House, Happy Valley, the December, 1932. Hong Kong Club, the Sports Club,
The Transfer Books of the Com- and the Stables, Village Road.
Entries CLOSE at 12 o'clock to 19th April, both days inclusive.
pany will be closed from 14th April NOON on THURSDAY, 20th April, DOUGLAS LAPRAIK & CO
General Managers.
said that Monkhouse could not explain whether the 3,000 roubles given to Dolgoff was a gift or a loani. - "Maybe English engineers think that giving small presents does not The increased activity in the constitute bribery in Soviet Rus
lala, but it is bribery even under 1989. steel trade is reflected in a 30 per the English law. Monkhouse and
London.
Earlier Evidence.
MONKHOUSE. AND THORNTON CROSS-EXAMINED.
By Order,
C. B. BROWN,
Secretary. Hong Kong, 17th April, 1933,
AUCTIONEERS, APPRAISERS AND SURVEYORS,
-Public Auctions
Hong Kong, 8th April, 1033.
GREEN ISLAND CEMENT COMPANY, LIMITED.
TOTICE IS HEREBY GIVEN
Nhat the 44th ORDINARY
HOLDERS will be held at the offices of the Company, Exchange Building, Des Voeux Road Central, Victoria, Hong Kong, on TUES- DAY, the 25th day of April, 1933, at 11.30 am. for the purpose of receiving a statement of accounta and the report of the Directors for HE Undersigned have received the year ended 31st December,
Auction.
THE TRANSFER BOOKS of the Company will be CLOSED from
In the course of a lecture to stu-cent advance in the price of scrap Thornton know that they will be dents delivered at the Institute of iron and steel.
severely punished for bribery, Normally scrap and pig iron Bribery is a most serious crime Chartered Accountants in London,
same price. At from the Soviet standpoint," he Mr. P. D. Leake said that real capi.fetch about the tal represented the unexpired results present scrap is 11 cheaper, but it said.
is anticipated that the gap will The Court rose at 11.25 p.m. last of the work of men's brains and slowly close up.. Steelmakers night, and will resume at 11 a..
Bessemer open-to-day. The counsel for the de- LAMMERT BROS. ANNUAL MEETING of SHARE hands, and consisted wholly of all operating the those desirable material things hearth, process use between 50 and fence will speak, followed by the 70 per cent of scrap and the last pleas of the accused. The which had been thus acquired and balance of pig iron in the process. verdict is expected to be deliver General made useful. Real capital was tan- Foreign Exchange
It is asserted that scrap ised on Tuesday or early on Wed- Banking business transacted.
Current Accounts opened and Fix-gible things such as lands in posses cheaper to use than pig iron even needay. Reuter. ed Deposits received for one year or shorter periods at rates which will be sion, houses, factories, milke, grow if both are standing at the same level, for scrap melts more easily ing crops, live and dead, stock, rail-and offers other advantages. It is quoted on application,
ways, shipping, mines, plaut, ma-now selling below pre-war prices, chinery, raw materials, manufactur-so that an advance is justified.
Stocks in this country aro not ed good, and metallic money.
It was probable, Mr. Leake said, abnormally large, but some of the! THE BANK OF CANTON, LTD. that about 66 per cent. of the nation- principal merchants arc
al capital consisted of industrial and rather heavier quantities than the prison time-sheets were taken Wednesday, the 19th April, 1933 THURSDAY, the 13th April, 1999, agricultural property employed in usual. The price rise is therefore into evidence, but a request from Monkhouse for the inclusion of cor- profit-seeking, including Government all the more welcome.
respondence rebutting Oleinik's evi- and municipal trading concerns;
The increased demand for scrap-dence, was refused at the morning about 25 per cent. was domestic pro-
iron is one of the best indications session. dwelling perty, Including lands,
Mlle. Kutuzovs'a evidence oc- houses, and furniture in private use; obtainable of a higher level of
cupied a great part of the day's Shanghal Hakow, Bangkok, 9 per cent. consisted of State and activity in the steel trade.
The higher prices which mer- proceedings, and all the Russians municipal Jands, public buildings, roads, bridges, etc.; and the remain chants will be able to offer for accused in the Irial whom she ing I per cent. was gold and silver ships and plants for breaking up claimed had been bribed, admitted may also act as a check on what the accusations. Thornton repeat- (coln and bullion.
has been regarded as something of ed his denial.
Monkhouse, who gave his evidence a scandal-the purchase of British ships by Italian, and particularly in chief, was questioned by the Pre-
Established 1912.
Head Office;-Hong Kong.
Authorised Caplial (H.X. Currency) ...$11,000,00%) Pald-Up Capital ..........
8,1565,000 Jorvi Fund
1,100,000
Canton,
BRANCHE-
and San Francisco. LONDON BANKKES |-
The Lloyd's Blank, Limited. CORRESPONDENTS
tu ali prinoi; citim of the World.
Foreign Exchangs and banking busine
Tory ception sected.
Made Depot Bowen (vaziosa alını) at a yearly
rental 6 from 1 to 94.
LOOK POONG SHAN,
THE BANK OF EAST ASIA, LTD.
holding
Checking The Foreigner.
At the request of M. Vyshinsky,
Tinstructions to sell by Public 1932.
ON
commencing at 10.30 am.
at No. 1B, Robinson Road
A Quantity of VALUABLE HOUSEHOLD
FURNITURE.
Terms: Cash on Delivery. On View from Tuesday, the 18th
LAMMERT BROS., April, 1933.
Auctioneers.
Hong Kong, 16th April, 1933.
to TUESDAY, the 25th April, 1983, both days inclusive.
By Order of the Board of Directors,
ALLAN KEITH,
Secretary,
Hong Kong, 4th April, 1933.
T
INDO-CHINA STEAM
. NAVIGATION CO., LTD.
HE FIFTY-SECOND ORDIN- ARY GENERAL MEETING THE Undersigned have received of the Company will be held at
vast overgrowth of debts, claims. Japanese, firms for breaking up insident of the Court about his instructions to sell by Public the Offices of the General Manag-
It seemed that the real nature of capital was in imminent danger of Chief Manager. being submerged and hidden by the
their respective countries. Some activities at. Archangel, and his ac- and rights which, though assets to famous British liners, have been quaintance, there and elsewhere, one, were liabilities to another and treated in this fashion, and this with Mr. Richards, the London were represented by nothing tangible has led to a great deal of criticism. manager of Metropolitan Vickers. but depended for their values upon The price advantage which the He described the details of the Jape and Italians had over British breakdowns involving machinery firms will now largely disappear supplied by his firm and admitted following the advance in scrap-obtaining general information
give his firm data for determining iron and steel prices.
their credit policy.
Head Ofce: Hong Kong. No. 10, Des Voeux Road Central, Established: 1018.
Hong Kong Branch:—-13, Queen's Rd. C.Į Authorised Capital
Authorised Capital:-
Straita. $40,000,000,00.
Paid-up Capital:-
Straits $10,000,000.00,
Branches and Agencles in the princi-
elpal eltter of the world.
Every description of Banking and Exchangy business transacted.
Paid-up Capital Reserve and Undivided
Proâts
the habits, obligations, honesty, and even wisdom of others.
If the true nature of capital had
been better understood the so-called capital levy would never have been heard of. Any attempt to turn a $10,000,000,00
8,598,600.00 large part of the country's capital into money must ignominiously fail. 2,312,000.00 Capital could no more be turned in- to money than cows could be turned Into milk.
Branchea and Agencies:-
Amoy | Betavis Chra Keh Hal.
Bombay Manager. Calcutta
Canton Haiphong Hankow
THE BANK OF TAIWAN, LTD. Honolulu
(TAIWAN GINEO.)
HEAD OFFICE:-Tulpeh, Formoss.
Incorporated by Special Imperial
Charter, 1899.
Central Bank in Formoen. Bank-Roles Imund Armesan amount ...Yən. 65,000,000 |
BRANCHES AND AGENCIES:
Peiping
Penang
Rangoon
Saigon
San Francisco
Seattle
Semarang
Shanghai
Kobe
Singapore
Kowloon London Manila
Sourabaya
Swatow
Sydney
Tientain
Tokyo
Melbourne
Nagansk
New York Osaka Paris
Talhoku
<
Vancouver Yokohama Correspondents in all principal cities; of the World.
JAPAN-Tokyo, Yokohama, Kobe, Osaka. TORTOSAŮL, Kag Xarako, Endag.
Making Nano, Bhishiku, Teicho, Idpan, Every description of Banking and Amor. Foodon, Exchange business transacted. Lozni
Takao, Temeut, Town, Heila, falta. CHINA-Glangbal, Hankow,
Breton, Canton.
OTHELAHong Kong. Blogspoes, Berabera, Semarang, Batavia, Bombay, Loudon New York, Dur.
LONDON BANKEES
Berlays Bank Lids Loyds Bank, KM. Midiaul Zook, Lid, Wastilastoe Bank, Ltd.
The Bank has Oorrespondente in all the prizďpać | Cemala Centres throughout the world.
HONG KONG, BRANCH (
I. NAGURA.
3D Vaux Bood Central
Hong Kong, December 31, 1981.
Habag
THE YOKOHAMA SPECIE BANK,
LIMITED.
Established 1880.
grated on approved securities.
Safe Deposit Boxes To Lat.
KAN TONG PO,
Chlef Manager.
Both were indispensable for pro- ductive purposes, but if unduly har-: ried, or subjected to violence, both would inevitably cease to function; and so become uscless and therefore valueless; and both, indeed, might in- mediately expire, leaving nothing but the carcass.
RUSSIAN OIL FOR CANADA.
Barter Of Canadian Cattle,
Details of the proposed $8,000,000
barter of Canadian cattle for Eus- sian oil and anthracite were given to the Canadian House of Commons by Premier R. B. Bennett last month.! AMERICAN EXPRESS COMPANY, le intimated there was slight pos-
THE
INC.
Head Office: 65, Broadway.
New York..
.U.S.$6,000,000,00 .....0.8.$1,882.882.04 .U.8.$1,458,116.78
Capital Surplus Волнатов
BRANCHES 1——
Maples
Potting
Capital (fully paid-up) Yen 100,000,000 Reserve Fund
-Yen. 119,750,000 dam
Glasgow
Hambu Barte
Jerusalem 1460 Lendor Liropodi
Harika
Ar
Head Office>---YOKOHAMA,
Branches and Agencies uti
Berkle
Bombay
Broman
Alexandria
Nagasaki
Bevela
Batzyla
Boonen Ålesu
Datenbla
Lagun
Bertin
Bombay
Celerita
Canton
Hamberg
Nagoya Newchwing
New York
Osaka
Paris.
Dairan (Dainy) Pelping
Fangtion (Mukden) Rangoon
Hankow
Harbin
Пред Кося
San Francisco
Kal-Iden
Karachi
Lobe
London
Rio de Janeiro
Seattle Semarang
Singapore
Bydney
Mondo Gula Manis
Blambiad
aibility of the scheme being ratified by government.
ANTI-JAPANESE SOCIETIES CLAIM CONFISCATED GOODS.
Interference With Customs Calls Protest From Finance Ministry.
(Reuter's Special Service.)
Nanking. Saturday,
The Ministry of Finance has petitioned to the Executive Yuan, asking that the Provincial authori ties be ordered to strictly prohibit patriotic bodies from interfering in any way with the Customs. The pedition was submitted following the reports that anti- Japanese societies in various places claimed the right dispose of smuggled Japanese goods confia- cated by the Customs.
BAN
to
Auction
ON Thursday, the 20th April, 1933 commencing at 11 a.m.
at their Sales Room,
4. Duddell Street.
A Nice Collection of Cut Glass Ware
also
ors, Mesars. Jardine, Matheson & Co., Ltd., Pedder Street, Hong Kong, on WEDNESDAY, 26th April, 1933, at Noon, for the pur pose of receiving the Report of the Directors, passing the Accounts, and electing Directors and Audi-
tors.
The TRANSFER BOOKS of the New Electric Celling and Table Company will be CLOSED from Fans
the 19th April to 10th May, 1933, both days inclusive.
and
Lady Dresses. On View from Wednesday, the
"Mental Torture." The cross-examination of Thorn- tan followed, and he repeated his desire to retract the deposition he had made in the prison admitting) the various charges, since, when he 19th April, 1933. made it, he was undergoing "mental Thornton also asked to torture."
be shown the document read to him? in the priosa, in which Milc. Kutuzova stated that he had re- the British ceived money from Consulate.
The prosecutor said that such a reference could not be made public.
RUSSIAN CONFUSED IN ALLEGATIONS. Gregory's examination followed,
| but no allegation against him was
pressed.
Terma: Cash on Delivery,
LAMMERT BROS.,
Auctioneers. Hong Kong, 15th April, 1933,
ST. STEPHEN'S COLLEGE STANLEY.
By Order of the Board,
JARDINE, MATHESON & CO., LTD., General Managers. Hong Kong, 11th April, 1933.
GENERAL NOTICES.
REMOVAL NOTICE,
S from the 10th inst., we have removed our Office from St. CUMMER TERM begins April 18. George's Building to 8a, Des Voeux
Entrance Examination for New Road Central, viz. Students on that day at. 9.80 a.& Commercial Savings Bank Build- The National For Prospecten apply Li. Holing, at the corner of Ice House Tung, Esq., Messrs. Banker & Co Street and Des Voeux Road, entrance
At the evening session, the evi-20, Des Voeux Road, G, or in Ice House Street. dence of Oleinik was continued. St. Stephen's College, Stanley. He was at first led by the pro-j
secution into accusations against
Monkhouse
Nordwall,
and then against
JAPAN MAY
INDIAN COTTON
Oleinik was somewhat confused 'Anti-Dumping Move in his story, at one moment refer- ring to Nordwall, for whom he ex- Unpopular.
pressed personal animosity, es aj "very experienced spy," and after- CONTROVERSY RAGES.
wards stating that he was afraid to give Nordwall 'spying informa« The Dominion, said the Prime Minister, was asked to back Rus- (Reuter's Special Service.) tion since he suspected him of be- sian 7 per cent, bonds to a maxi-
Tokyo, Saturday. ing likely to report him to the mum of $4,000,000 to awing the deal
Various Japanese organisations Oleinik got into further dif-| and to guarantee the Winnipeg syn- dicate against breach of contract by are much disturbed over Britain's culties when he challenged Nord- the Soviela.
action in denouncing the Indo-wall to repeat "the conversation "I think this House will agree, Japanese Commercial Convention he had with Gregory regarding said Mr. Bennett, "that no Canadian of 1904, and a hot controversy is wrecking" and then himself asked ly a proposal to provide credit faci aging regarding the advisability or ing."-British Wireless Service, lities for a syndicate of venders and otherwise of placing a ban on the
government would consider serious-
at the same time guarantee the purchase of Indian cotton.
The Japan-India Society mat yes- alleged purchasers, the Soviet gov- ernment, would discharge its obli-terday, to consider the situation, while other bodies who have called a gations to the venders."
The barter scheme first was laid meeting of executives to consider the before the government last Oc-matter, include the Economic Federa-
tober by G. G. Serkau, of tion, the Cotton Spinners Associa Winnipeg. It was proposed to ex-fion and the Shipowners Associa- change 100,000 grade and pure-bred tion,
Branches of American Express Com pany in Principal, cities of United] Canadian cattle for Rusalan oll' and States of America and Canada.
samaller percentage of coal.
Parsons) handled.
The
Soviet authorities.
counsel to define the term "Wreck-
UNION CHURCH WEDDING.
Miss Kitty Fooks And
Mr. W. Angle.
The wedding of Miss Kitty Fooks, only daughter of Mr. W. and government never has turned down 430-MILE WALK-FOR NOTHING the late Mrs. Fooks of Hong All classes of Commercial Banking the scheme, although the Prime Min
Kong, and Mr. Wilfred Angle, Transactions undertaken,
Madrid. ister's statement Indicated its dis-
youngest son of the late Mr. F. W. Two men and a woman walked G. and Mrs. Angle of Plymouth, investiment account approval.
Germany, the Sepiau letter said, from Madrid to Barcelona, a dis- Devon, took place on Saturday guaranteed $75,000,000 in Russian tance of 430 miles, to take part afternoon at the Union Church, The Company offers to intending Internet allowed on Current Ashq) and Letters of Credit aad, similar guarantees to aid Ita expor- to take place in Barcelona. The bride was given sway by her
Travelers the ass of its Caravel bonds and Great Britain had made in a dance marathon which was Kennedy Road, Depozita-received: for fixed part in addition, the world-wide/swvice for The Winnipeg syndicate also When they arrived they learn-father, while Mr. Houston-Halley rates to be obtained on application of a thoroughly equipped Travel De- would require, the Berkau letter Indied that the health authorities had took over the duties of best
cated, "some matter of protection forbidden the contest, just 24 man
Los Angeles
Kantia
TOKYO
„Tringtan
EL MORL
Hong Kong, 11th March, 1983.
EW, DUGGAN,::
Manage
agalnat breach of contract by the hours before it was due to start. A reception was held later in the Russian government,”
Benter.
evening at No. 6) Naval: Terrace,
WHAT THE
米
SHEWAN TOMES & CO.
EMPIRE
SHOP WINDOW MEANS
A choice of the produce of 450 million pairs of hands.
The fruits of men
labour from an area of 14,000,000 square miles,
The stock in trade of the largest selling organisation the world has ever seen.
The pick of these will be displayed in
THE PENINSULA HOTEL
MAY 24-27, 1933
and you should see it all.
advertisement is issued by the British Empire, Fale Con