Authorised Capital
BANKS
CHARTERED BAIK OF AUSTRALIA CHINA
50,000,000)
Listed and Fully-Paid-up 20,000,000) Beserve Funda
Sterling........£6,500,000
Hong Kong Currency
Riserve ......$10,000,000 Erserve Liability of Pro-
prietars
prietors .$20,000,000
READ OFFICE: UONG KONG,
BOARD OF DIRECTORS, Hon. Mr. J. J. Paterson. Chairman.
G. Miskin Esq., Deputy ChairmJA.
A. H. Compton, Esq..
Hon. Mr. S. H. Dodwell,
M. T. Johnson, Esq., J. R. Masson, Esg.
K. S. Morrison, Esq., T. E. Peares, Esq., A. L. Shields, Eaq-
V. M. Grayburn, Esq.
Chial Manager.
AMOY BUKOK BATAVIA BUNDAY
CALCETTA
ANTON CHEFOO
COLOMBO
BRANCHES:-
LONDON
LIONS MALACCA
MANILA
MUAK (Jedora)
MUKDEN
NEW YORK
PEIPINO
PENANG
BAKIN
Aloe Bar And
HEAD OFFICE: LONDON
Paid-up Capital Beserve Fund
Reserve Liability of Pro-
.£3,000,000 .£3,000,000
.£3,000,000!
Agencies and Branches:
Kaagkak Balaria BamART
Vorla 1pol Kanchi
Kom hatu
bamaraş
Esbe
Serba Shaoghai
Valeutia
Kuala Lumpur
Lanted
Kaching
Campore
Madena
Cebu
Manila
Tapize
Colombo
-Modan
Twotain
Deli
New York
Tengah
Haiphon
Praia
Bank
Hamburg
Paking
Tragis
Hata
Frasat
Yokohama
Hris Hoog
Zamboangs
الادمان
Farsign Exchange and insural Banking business trained.
Current Account epezad and find Deposita
and ADVERTISEMENTS
ommerce
Finance.
CHINESE POST OFFICE
BUDGET BALANCED
REFORMS AND VIGOROUS POLICY OF EXTENSION
NOTICE
Chinese New Years Fair.
LOUCESTER ROAD, between
G Fenwick Street and Flemin
Road, will be closed to Vesicula Trafic from February 1st February 10th inclusive.
T. H. KING. Inspector General of Police. Hong Kong, 30th Jan., 1937.
After being run at a huge deßeit during the two previous years, radical reforms and a vigorous policy of extension were pushed in the year 1934-1935, states the annual report of the Chinese Post office, with the result that postal business resumed. a normal course and the Service was able to balance its Budget.. HONG KONG-SHANGHAI
The year covered by this Re-when the postal monopoly on lat-
To cope with the new situation,;
RADIO TELEPHONE SERVICE.
ADIO telephone service to
received for use sear or shorter periods atrast port. ie, the twenty-third fiscal ter transit came into effect. R Shanghai will be available
| ràich will be quoted on application.
The Bank's Head Ofice is London undertake year, opened with the convocation
enovary of Betula Lacome Tax varpai, ca |Agencɔm and Braches.
DAIREN FUOCHOW
A. BREAKLEY,
Hong Kong, 1st January, 1935.
BANOOON
HAMELEO
SAN FRANCISCO
HANKOW
SHANGHAI
WARNIN
SINGAPORE
KOL BABAYA
SCSGEL PATANI
TIENTHIN
HONGKET
ILOILO
Fru
JUNORD
KOLA
KOWLOON
KUALA LUMPUR
TUXYO
SENOTAO
YOKOHAMA
Current Acousta opened in Lonal Carrsary sad Pieve Deposita essalted for ens pour or shocker | periods in Lace Cursany and bhirling on boems which will be quoted an appliesin.
Kino
RATE BEPOSIT BOXXX ↳ VEZION siken TO LET.
Hong Kong, 24th February, 1934.
LIMITED
(Incorporated in China) Head Offen-Shanghal
Capital Reserve
Chins.
.$7,500,000.00 $1,500,000.00 Branches-All Important Cities
Foreign Esnkasgy and Ouneral Busting Bunisser HONG KONG SAYINGS BANKita seared for a year or aborar periods
The Bains of the above Bank is smunde
by the HONG KONG AND SHANGRAI BANK 1G CORPORATION. Bu may be elinized MA poikaziom
SO THE RONG LOXO AND SHANGHAI SANKING CORPORATION.
V. M. ORAYBURN,
Chial Manager.
transcand
Curruss sad Bæring Ärevuste opened and Fixed
fat reson, which will be quoted in applimkien.
NOU Z. CHANG.
HONG KONG BRANCH:" 11, Queen's Road, Central. Manager's Lice
Foreign Exchange Dept.
Oval Offer
To
Greater Shangha
$7.50
$9.00
--To
International
Settlement.
$3.00
$9.50
Subscribers must be registered)
Further details on application
HONG KONG TELEPHONE|
COMPANY, LIMITED.
WORLD
EMPEX EMPRESS
Empress of Jo Honolulu and Em the direct express Air Conditioned Trans-Cpatients
COOL
Alr is cleane
FIC
TRAVEL
EMPRESS E CANAD EMPRESS FRISSE,
ervice to “Vancouver' impress of Canada sal! via” and Empress of Russia, via
fen und observation cara um
COMFORTABLE
constantly freshened, and
kept at a unif
EN
SAILS F
A & HONOLULU
SS OF JAPAN
COUVER via SHANGHAI - JAPAN
AT NOON
TU
Y,
FEBRUARY 23rd.
For
To Your Own Agent Or
Canadian Pacific
SPANS THE WORLD.
Tel. 20752
Executor and Trustee business, and by the Ministry of Communica suitable changes were made both to subscribers on the Hong Kong Lama vikich may be acusada aytions of a National Postal Con- in the interior and at commercial Telephone Co.'s system
ference, when the chief Postal of centres, the object being to pre-7 a.m. on the 1st February 1937.
any possible inconvenience) Acials of the entire country as-clude
The service will be opened dally Manager, sembled to exchange views and to the public after the closing of between the hours of 7 n. and
consider measures for the general these hongs. For instance: in in p.m. improvement and greater efficiency land places, new Agencies and!
The rates for 3 minute calls are las follows:--- of the whole service on lines that Rural Box Offices were opened, would meet the most urgent re-rural courier lines extended, and. THE CHINA & SOUTH SEA BANK, quirements in all Districts. As a special carriers engaged to de-
result of their deliberations, many liver mail matter for out-of-the- Station to Station resolutons aiming at reform and way places free of charge; in com-
Personal Call development were adopted: some mercial cartres, additional letter- of them have already been put into boxes and pillar-boxes were plant- operation, while others are in the jed, deliveries increased, and mail
carried into effect. cause of being, or will duly be, laccepting hours prolonged.
Station to Station Statistien And Coets A welcome]
Postal business is naturally di-Personal Calls achievement that may be specially
Urgent calls will be charged Imentioned here was the winding vided into several categories. The
up of the Minhain-chu business, carriage of letters and postcards double rates. which, coupled with the great pro-is a monopoly, but in the transiti Rress achieved by various proof the remaining classes of mail for Trunk Service. vinces in respect of highway con-matter, as with parcels, the Post Istruction schemes. produced Office is in competition with other to the Company's Office.
marked increase in activity. The carriers. There are also transac- following is a resume of the more tions sale of revenue stamps. important work done during the for instance-where the Post, Office acts in the capacity of ani agent. It is obviously necessary) Extension Of Operations While it is the usual practice to know where deficits are caused! that the postal facilities extended or profits gained, and thus to de to any place are based solely on cide on tariff amendments. A re-: Authorised Capital $10,000,000 the particular requirements of thevised procedure for taking statis- local public, the time has arrived tics has, accordingly, been intro- when special g
on has to duced; and the cost accounting! Foreign Exchange and every des he given hug provinces method, is operation in all modern Escription of banking business transact-į
Laned.
where, despite the fact that the Postal administrations, adopted so Current Accounts and Savings Ac- need for postal extension may not as to obtain reliable criteria count opened. Fixed Deposits re- be seriously felt, owing, it may be, which to base necessary reforms. ceived at rates which will be quoted to unfavourable geographical loca- Aviation Enterprise on appileation.
tion or to vast and undeveloped
im-! Aviation enterprise has Trusteeship & Executorship under-areas with sparse population, it taken. Safe Deposit Boxes for hire. devolves upon the Post Office to defence, industry, and culture. portant bearings upon national PHILIP GOCKCHIN,
The position of the Chinese Na-Jeae National Railwaya. `- make every possible endeavour to Chief Manager.
The number of tons of goods Thirdly, with the thawing of the provide mail connexions; otherwise Since civil aviation in China has tional Railways, owing to stable
the carried by the National Railways frozen credits through the resump- the time may be far distant when not yet been fully developed, the political conditions, has on
Post Office has made a
large whole considerably improved dur- from 1930 to 1935 are as follows:tion of payment of the various loan one can hope to see postal activity annual appropriation by way of Ing the past few years, states the
No. of Tons services and the inflow of foreign AMERICAN EXPRESS COMPANY ĝin a thriving state. With this in
financial assistance. It may be "Quarterly Review of the Chinese
capital, currency eirgations is 20,594.632 INC.
view, the particular conditions of remarked here that airmail figures Railways," giving interesting sta-
25,698,528 each frontier District were care continue to show yearly progress. tistics.
26,064,556 fully surveyed. and programmes
27,076,041
Hong Kong, 24th February, 1936.
THE BANK OF EAST ASIA, LTD.,
Authorised Cxpital
Friday taposi
€10,000,000.00
--- $ £,598,400.00 Kami and Lodded Prasts 2,646,315.32
HEAD OFFICE:-BUNU EUNG.
BOARD OF DIRASTORE. —
10, Des Vous Boad, Casiral.
#24.
Cu
Lage F. & Evok. Esq.,
Sur hou-soo Chow, Charnis;
and
Top
Ting
Cha Ching Back 2oq. Bag, Ey Woos thu son, Eig. sad Kan F2. Eaq.
Kan Tung Fu, Esq., cikia! Vanagar.
I'm Your, Esq., Manager.
BRANCHES AND AGENCIES.-
هنته إلا
ingapore Suursbes SWALDW
Amer
Batavi
Jelbourne
Bemariag
Bombay
Nagsaki
shenghar
Calcul
New York
Ligos
Viks
Huphong Zinchem Hozajula
ab ADELOOD Luudes
Pira
Pati
PRALO
Tidak
Rac goos
Tunsin
Гойда
* Fraumen
رفته ر
VEDOUTEZ Yokohama
Every desenption of Banking and Exeknaga Bandana transactad. Lonza grassed, en' approved Bounties.
Current Acuza opened is Local Curren od Fised Deposita receited for cos year ne shorter periods in Local and. Forsign Currencies sa terms which will be quoted on "eppilastion.
anti Deposit Bons To Let
Cashier's Uda
***
THE WING ON BANK, LTD.
Head Office: Hong Kong
26, Des Voeux Road, Central
LONDON BANKERB:— Westminster Bank, Ltd.
THE
Lowpared with Limited Liability in Chăn
Head Office: 45, Broadway, New York
Chiat Mazagur
Capital Burplas Beserves
LAN TOKO To,
ALLEG Athana
مامية
Barlin
سات
year-
on
IMPROVEMENT IN CHINESE
RAIL SYSTEM
Stable Politics
Felt
INTRODUCTION OF
NEW IDEAS
ed.
lation of the country.
Good Traffe··
Favourable - reaction-is expected- In addition to the system of tran-as a result of these settlements:--- sportation of goods at railway risk, First, by setting aside regularly another innovation was introduced a portion of the railway's gross by the issuance of hills of lading, earnings for the payment of loan
to facilitate hypothecat on and service self-imposed obligation in transfer of rights to the goods created for strict economy of ex-** transported These as well as the penditures, which is badly needed service of C.O.D. good which on many a railway to-day: means the payment of cose an de Secondly by the resumption o livery, have brought about a new loan service payments, railway significance in the relationship credit it revived, and an induesi. EE, reilumns and the
pers. This is reflected in part in of foreign capital for the further the increase of revenue of the Chin-development of China's milways;
and
Year
1930
1931
1932
1933
1934
1835
29,925,277
32,780,148
The decrease in revenue due to
quickened, and the latching of fresh enterprises made possible for the benefit of all.
GERMAN ON CHINA RAILWAYS
The previous year's efforts in The total number of passengers set in motion to reorganise or expursuing the policy of retrench carried on the Chinese National pand existing services and. in ment in finances were not relaxed, Railways during 1985 was over U.S.$6,000,000.00 places where no Postal establish and rigid economy continued to be 45.000.000 as compared 39,000,000
2,240,344.38ments existed, to open new Agen- the watchword. This coupled in 1925-and increase of approxi- the loss of the section of the Pel
897,612.65 cies, mail lines, or Box Offices, in with the improvements and
he hope that, with the aid of these tensions made in nearly every following shows the total number Shanhaikwan as a result of the Dr. Radenacher's Talk
exmately 6,000,000 or 15%. The ping-Liaoning Railway. East of facilities, all frontier Districts branch of postal business has re-carried during the period 1930 to "Mukden Incident" was made sip might develop culturally and com-sulted in a steady advance in 1935:- mercially.
THE YOKOHAMA SPECIE BANK
LIMITED
Established 1880
Capital (fully paid-up) Yen. 100,000,000
Reserve Fund....
..Yen.130,900,000
Head Office: YOKOHAMA
Branches and Agencies at
Alexandria
Maji Nagasaki
Bombey Brusel Cairo Caituita Седат Calambe
Copenhagen Dublin Edinburgh Morace
Ganne
The Hague ΚΑΤΕΣ Hamburg Blaze Undelberg Interlaken
Londos Liverpool La carne 1430
Later Marselies Monte Carlo
Penul Paria
Puipag Botterdam Bame Bhanghai
Beuthampton
Singapore TiLLin Vienna
Bangkok
Batavia
Berlin
Bombay
Calcutta
Canton
Manila
aics ولا
Yokohama Zurich
New Public Facilities
by the gains of other lines, notably No. of Passengers the Tientsin-Pukow, Peiping-Han-
40,878,273
44,485,680
42,823,569
kow, Nanking-Shanghai, Shanghai-
In Berlin
Berlin. To-day."
A large audience gathered at
Hangchow-Ningpo. Pelping Sut the Harnack House bere-last night yuan and the Kiso-Tsi Railway to hear Dr. Radenscher, a mem Revenues from goods traffe for: the period 1930 to 1935 are:
Goods Revenue Year
BRANCHES >—
Hilan Nice
Na plan
Nagoya
New York
Osaka
Otart
Paris
revenue receipts. But, owing to the falling-off in the surplus of (a) The programme of housing the Postal Remittances and Sav. Pust and Telegraph Offices in the
þings Bank business in consequence; same buildings was completed over of the general depression, as well most of the country, the exceptions!
as the increased subaidies paid to being only a few places where cer- the aviation enterprise, the year! tain special circumstances delay closed with a
45.649,151 deficit of several i ed the realisation of this scheme, hundred thousand dollars.
The amounts of passenger (b.) For the benefit of inland
venue for 1930 to 1935 inclusive Situation And Star
are as follows:— Branches of American Express places where civilisation is back-
Year Turning to general conditions Company in Principal cities of United ward and business stagnant due to States of America and Canada.
inadequate means of communica-in the country, it is gratifying to tion, new arrangements were in-mention that the year witnessed All classes of Commercial Bankingtroduced whereby every Post Of-great improvements, such an
the Transactions undertaken.
fice could purchase books, papers, completion of many. additional Person investment accounts hand-and other periodicals for the pub-highways, which facilitated com led.
lic, and every Money Order Office munication and commerce:
of banditry accept and deliver C.O.D. parcels. eradication
Year
1930
1931
1932
1933
45,857,060
1934
44,953,701
1935
re- 1930
1931
1932
Passenger Revenue
1933
1930
.$48,539,788.
1934
1931
61,523,194
1935
1932
1933
1934
the
1935
from
Dairen (Dainy) Peiping
Fangtien (Mukden) Rangoon
Rio de Janeiro
Hamburg
Harkow
Harbin
Honolulu
forz Konk
Huinking
Karachi
Koba
London
Manila
San Francisco
Seattle
Semarang
Shanghai.
Singapore
Squirabaya
Sydney. Tientsin Tokyo Tsingtax Yingkow Interest allowed for Current As- counts.
Los Angeles
Deposits received for fixed periods at rates to be obtained on applica tious.
Y. KANO,
Manager.
Hong Kong, 13th November, 1936.
THE
SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED
(Incorporated in China)
Capital paid up Reserves Capital Bay. Reserve
Munich
Montreux
... 48.216,829
52,855,043, 52,782,195 53,292,762
"Mukden Incident" The decline in passenger revenue!
$51,824,786
79,819,885
76,626,072
77,208,986
86,083,267
98,336,765
Credit Rebabilitation - When the Ministry of Railway e was established in 1923 endeavors were made to revive the crent of the Chinese National Rways
The Company offers to intendiar The former step was taken with a Kiangsi, whereby it was possible Travallers the use of its "Travellers view to fostering cultural develop- to start all kinds of reconstruc- during, the years 1962, 1933 and which had greatly suffered on sc
Cheques" and Letters of Credit and,
Department
E W. DUGGAN,
Manager
"
ber of the German commission furo. study of conditions in China, ex pound bis views on the future of Chinese transport.
The speaker dealt mainly with, the problems of development of China's railwayz.::-
Among those prevent was the Chinese Ambassador to Berlin, [Trans-Ocean..
HUMPHREYS ESTÁTE AND
FINANCE COM LA
The report of Humphreye Estate
In addition, the world-wide services ment in inland places, and the lat tive work in that province; exten: 1934 is principally due to the loss count of financial. embarrments aws that the net Front for the of its thoroughly equipped Travelter in the hope that it might be of sion of the Lung-hat Railway to of that section of the Peiping- resulting from years of vil wars year ended 31st. December
some help to trade in general Changan (Sian); and the resump Liaoning: Ralway East of Shan- and political disturban affect after deducting Directors
(c) Negotiations were entered tion of traffic on the Suiyuan-haikwan as a result of the fuking the country. Bnue to the oral Manager, reminera into with the Customs for the Sinkiang motor-bus line, all these den Incident of September 18th, limited resources at disposal include pas abolition of Customs Interport being measures conducive to the 1931.
very little was accomplitised except (ward, and Duty on postal parcels, and at the development of the Postal Ser
The most important source of capital improvements which were from Gandhapu same time not only was the-pro-vice. However, adverse conditions
passenger revenue is the 3rd. class urgently necessary to maintain the $241,288.74, which the cedure of posting simplified, but were not lacking. the burden on parcel senders was The bandit activities raging in traffic. The revenue from this earning power of the railways. In win recommend, at greatly reduced.
Szechwan, Kweichow, and North source during 1933 as $36,960, 1932, steps were taken to adjusting Annual Meet 15., Gracechurch #irst, London, EC.3.
204.44 constituting 69.9% of the some of the loans whose services are be allocated £3,000,000 ations include the inauguration of In this connexion, much credit is
THE MERCANTILE BANK OF INDIA, LTD.
'FRAD OFFICE:
Authorised Capital
Subscribed Capital Paid-up Capital ..........
Reserve Fund & Rest.
DANKERS:
1,800,000
The Bank of England Midiand Bank, Ld
REANCHES:
Bangkok
Ipoh
Caleuita
Colombe
Tria Abaza
Kuala Lipis
nga Dept. $500,000.
"U
Bavish
.$5,000,000, *500.000.
vings Dept. $600,000.
4-Office-Shanghai
industrial development on ins and the fostering of her
commercial relations abrued-4/
Hong Kong Off C
5. Quem's Band Central-
New York Pondag Fort Louis
surtins) Balod
Singapo
(d) Other, additions and alter-Shensi affected postal oporations/total passenger revue. The re-/had fallen into arrears and to or
and mil vered loans and material deb 1.3% re- hear adjusted, as per Hans facili-ments made in the press class traf. to time.
à dividend of
1,050,000 a Small Packet Service and an Or-due to the employees working in venue from the 1st and 2nd. class der those railways concerned to on 200,000, bares $100,000.00 1,247,830 dinary Express Delivery Service, these panic-stricken: areas. In Passenger traffic was respectively set aside a certain percentage of Transfer to Typhoons.
the revision, of parcel tariffs, and spite of serious difficulties and 33% and 7.6% of the total. The their earnings as a special reserve the reorganisation of certain mail hardships, they remained at their rest was distributed as follows: fund to insure the regular pay lines. All these had to view the posts and managed to maintain 4th. class 6.2%, excursion passeng. ment of loan interest, if not the areater convenience of the public. postal work until there was no era 0.9%, privileged passengers principal, as well. Since the
Letter Monopoly... other course-open to them than to 0.5 Government civ Despite the establishment of the retreat with the local garrisons. tary traffic. 0.3% and National Postal Service in Chins, Ar-soon as the places were recap-spectively. Where 4th. the Hin-hain-cht in various pro tured, these employees hurried to ties were available, 3rd vinces contiuited to function. In their respective, posts to resume fic was slightly reda de Baking and Exp 1928, p National Communications their normal activitie Some, those who used to tra
Conference was convened, which however, were wounded or killed, were content to tr passed a resolution to the effect and others suffered the loss of on the whole passen that all Mihalachy should close Ferndal effects The energetic in respect of num down by the end of 1934 Batas and loyal manner in which they would tend to In [an act ofɔ=grace. time limit performed their duties is most this class was
1964 comm
Kuala Lumpur
Xacies (Pikang
Redzua
RONG KỰNG BRANCH.
Simle
LANEDI.
was extended
Pia parse of the mat
because These wettlement
class dumption of
but were general
tition of Inter