THE CHINA MAIL, MAY 12, 1937.
RAIL FREIGHT:
LOSSES
Millions of dollars are saved annual~
ly by railroads and industry through joint efforts in improving the packing and loading of freight in order to reduce losses and damages, according to the Association of American Rail- roads.
TRADE EXPERT EXPLAINS
MR. KIRKPATRICK'S SPEECH
BANKS
THE CHARTERED BANK OF INDIA AUSTRALIA & CHINA
Incorporated by Royal Obarter, 1858,
HEAD OFFICE: LONDON..
Reserve Fund Paid-up Capital
Reserve Liability of Prosi
£8,000,000 ...£3,000,000
£8,000,000
Agencies and Branches:
Alor Star Amritsar
Floilo.. Ipoh
Kangoon
Balgon
Bangkok
Kazmohl
Satzarang
Batarin
Klang
Seremban
Bombay
Fob
Shanghai
Galoutta
Enals Lumpur
Singapore
Canton
Kuching
Bitiawan
Cawnpore
Madras
Sourabaya
Cobu
Manila
Taiping
Calambo
Medan
Tientsin
Delhi
New York
Tongkah
Haiphong
Polping
(Banket)
Em-
Hamburg
(Poking)
Taingiao
Hankow
Penang
Yokohams
Zamboanga
Bank of of Communica-
Farbin Haus Krong
Foreign Exchange and General Banking business transacted.
on
"My mission to China is to induce The freight container bureau of the but I am not merely working for the this country to purchase British goods, association, which was formed to deal benefit of British facories and banks. with this matter, provides a service Rather, it is for the mutual benefit of for shippers and railroads alike in de- the Chinese and the British people." veloping improvements in container: Thus declared Mr. W. M. Kirkpat-prietors and loading designs. Last year manu- rick, special representative of the ex- facturers of, a hundred different com- port Credit Guarantee Department of modities in twenty-nine States, two the British Government, at- a tea re- Canadian provinces and Mexico asked ception given in his honour by the the bureau for aid in developing im- Tientsin Managers of the proved methods of packing and ship-China and the Bank ping. In 1935. similar requests were tions at the Bankers Club. made for eighty-two commodities.
To illustrate his point, Mr. Kirkpat- The
shippers' regional advisory rick said that the English labour class boards of the entire country, in co-is greatly benefitted by the commer- operation with the railroads and
ex-fcial development of the British press companies, have designated this pire. He is confident that the Chinese .month as "perfect shipping month,” and the bureau will play its part in as China makes further strides in her people will receive the same benefits the concerted effort to be made to economic reconstruction. bring about a further reduction in the
Current Accountm opened and Fixed Deposita Sino-British relations, he said, have damage to freight in transit.
recsired - for, one, year^or shorter periode at "rates In the last 16 years
always been cordial. Such relations which will be quoted on application. the bureau, could be further cemented by the pro-
The Bank's Head Office in Landon undertakes working closely with shippers,
Executor the motion of trade of both countries.
and Trusted business,
.and claims freight claim division of the associa-
recovery of British Income Tax overpaid, tion and with the individual rail- from Peiping where
Mr. Kirkpatrick arrived in Tientsin terms which may be ascertained at any of its
he roads, has played a considerable part views with
exchanged Agencies and Branchen. Gen. in the reduction from $119,833,127 in Chairman of the Hopei-Chahar Politi- Sung Chch-yuan,
R. W. ROBERTS,
Manager. 1920 to $20,920,487 in 1936 in the cal Council, Gen. Chin amount of loss and damage claims paid Mayor of Peiping, and Chinese
Teh-chun, Hong Kong, 1st January, 1935.
and by the railroads.
British In many instances
leaders, on the the bureau de-economic monstrates
reconstruction in North to manufacturers means China. whereby the cost of packing products
Tsinan He proceeded to for shipment can be, reduced, while at train to see Gen. Han Fu-chu, Chair- later by the same time a crame or container man of the Shantung Provincial Gov- better adapted to their use can be pro-ernment, following which he will re- duced.
turri to Shanghai, He Through studies made
will re-visit by the bu-Peiping and Tientsin in June. reau, in co-operation with the various industries, methods of packing and crating products of all kinds have been changed in recent years. This has re- sulted not only in a substantial reduc- tion in the number of complaints by the shippers and. receivers of mer- chandise, as to the condition of such shipments when delivered,
but a ré- duction in the amount of freight claims paid by the railroads.
THE WING ON BANK, LTD;
Head Office: Hong Kong.
26, Des Voeux Road, Central. Authorised Capital $10,000,000 LONDON BANKERS:--- Westminster Bank, Ltd. Foreign Exchange and every des- cription of banking business transact- ed.
Current Accounts and Savings Ac- counts, opened. Mixed Deposits re- ceived at rates which will be quoted. on application.
Trusteeship & Executorship under- taken. Safe Deposit Boxes for hire.
PHILIP GOCKCHIN, Chief Manager.
economic
THE MERCANTILE BANK OF
INDIA, LTD.
HEAD OFFICE:
15, Gracechurch Street, London, E.0.8.
Authorised Capital
.£3,000,000
Subscribed Capital
1,800,000
Paid-up Capital
1,050,000
Reserve Fund & Rest .. 1,247,880
BANKERS:
The Bank of England- & Midland Bank, Ltd.
Bangkok
Bombay
Calcutta
Colombo Delhi Galle
BRANCHEB:
Ipoh
Kandy Karachi -
Kota Bharu
Kuala Lipis
-
Kuala Lumpur
Kuala Trengganu
Hong Kong Howrah
New York Penang Fort Louis (Mauritius) Hangcon
Shanghai
Simla
Kuantan (Pabang) Singapore
Madras
HONG KONG BRANCH.
Every description of Banking and Exchange- business transacted.
Travellers Cheques issued.
Trustee and Executorships · undertaken. INTEREST allowed on Current Accounts and Fixed Deposits at Rates that may be ascertained: on application.
D. BENSON,
Manager.
7. Queen's Road, Central,
THE BANK OF EAST ASIA, LTD.
Authorised Capital Paid-up Capital Reserve and Undivided
Profits
Eloo. Chun, Tong Sang
$10,000,000.00 $ 5,598,600.00.
2,776,726.76
HEAD OFFICE :--HONG KONG. 10, Don Yeux Road, Contral.
BOARD OF DIRECTORS ---
Sir Bbou-son. Chow, Chairman; Li Koon El. P. I. Ewok Esq. Wong Yua Faq.
Chan Ching Shek, Esq., Li Lan Wong
Chu Son, Eaq. and Kan Ying
Bay Fung Ping Wab, Esq.
Fo, Esq.,
Kan Tung Po, Esq., Chief Manager. Li The Fong, Esq., Manager.
BRANCHES AND AGENCIES :---
Amoy :
Baturis
Bombay Calcutta Canton Haiphong Hankow Honolulu Kobe
Manila "Melbourna
Naguzaki
*New York
Seattle
Semarang.
Shanghai
Singapore
Sourabaya
Swatow Bydney Taihaku Tientsin
Paris
Paiping
Tenang
Rangoon
Kowloon London
Baigon
Sar Francisco
Tokyo VADCOUTSE
Yokohama
Every description of. Banking and Exchange. |busīness transacted. Loans granted an approved"--
securities.
or
Current Accounts opened in Local Currency and. Fixed Deposits. Teceived for one Your shorter: perioda Tin Local and Foreign - Currencies on terms, which will be quoted on "application.
Safe Deposit Boxes To Let.
BANKS
HONG KONG AND SHANGHAI BANKING CORPORATIONTM
Authorised Capital
$50,000,000
Issued and Fully-Paid-up. 20,000,000 Reserve Funds:
Sterling
Reserve
Hong Kong Currency":
.£2,500,000
,$10,000,000
$20,000,000
Reserve Liability of Pro-
prietors
HRAD OFFICE: HONG KONG.
BOARD OF DIRECTORS,
G. Miskin, Esq., Chairman,
Hon. Mr. M. T. Johnson,
Deputy Chairman.
J. K. Bousfeld, Esq., ̈. A. H. Compton, Esq.,, S. H. Dodwall, Esq. J. B. Masson, Esq.,
AMOY
K. S. Morrison, Esq.,-
Hon. Mr. J. J. Paterson, T. E. Pearce, Esq.,
A. L. Shields, Esq..
Sir V. M. Grayburn, Chief Manager.
BANGKOK
BATAVIA BOMBAY
CALCUTTA
CANTON
CHEFOO COLOMBO
DAIREN FOOCHOW
HANKOW BARBIN HONGKEW RUNG! ILOILO ГРОН JOHORE KOBE
KOWLOON
BRANCHES-
KUALA LUMPUR
LONDON LYONS MALACCA MANILA MUAR (Jabore)
MUKDEN NEW YORK PEIPING PENANG BANGOON BAIGON SAN FRANCISCO SHANGHAI
SUNGEFPATANE TIENTSIN TOKYO TSINGTAO YOKOHAMA
Current Accounts opened in Local Curren y and Fixed Deposits received for one year or shorter perioda in Local Currancy and Sterling on Santa #hich will be quoted on application.
ALSO up to date SAFE DEPOSIT BOXES in various sizes TO LET.
Hong Kong, 1st March, 1987.
HONG KONG SAVINGS BANK
The Business of the abova Bánk is conducted by the HONG KONG AND SHANGHAI BANK ING CORPORATION:
on application.
·Bules may be obtained. FOR THE HONG KONG AND SHANGHAI BANKING CORPORATION.
V. M. GRAYBURN.
Chief : MaxRA
Hong Kong, let March, 1987,
THE YOKOHAMA SPECIE BANK
LIMITED
Established 1880
Capital (fully paid-up) Yen 100,000,000 Reserve Fund
Yen.132,650,000
Head Office: YOKOHAMA
Branches and Agencies at
Alexandria
Bangkok
Batavia
Berlin
Bombay
KAN TUNG PO,
Calcutta
Ohlat Manager.
Canton
THE TAIKO0 DOCKYARD & ENGINEERING COMPANY
OF HONG KONG, LIMITED
BUILDERS OF ALL CLASSES OF SHIPS.
BUILDERS OF RECIPROCATING STEAM ENGINES.
BUILDERS OF MARINE AND LAND BOILERS.
BUILDERS OF TURBINE MACHINERY.
Under License: From Messrs. Parsons,
BUILDERS OF DIESEL ENGINES.
Under Special License From Messrs. Sulzer Bros.
Licensed To Manufacture Lanz Perlit Iron, Specially Suitable
For Internal Combustion Engine Working Parts.
DA & SLIPWAYS
· FOR - DOCKING VERY LARGE, AS WELL AS SMALLER VESSELS, ON ANY TIDE
ALL CLASSES OF SHIP ENGINE AND BOILER REPAIRS AND EXTENSIVE
BOTH ELECTRICAL AND OXY-ACETYLENE
WELDING,
PROMPTLY CARRIED OUT!
Tel. Addresa : “Taikoodock,” Hong Kong.
Telephone No. 30211.
Call/Flag: “Numeral One,"
*"ver #Pennant Anns."
SKILFULLY AND,
BUTTERFIELD & SWIRE, Agents
Dairen (Dainy)
Fengtien (Mukden)
Hamburg
Hankow...
Harbin
Hong Kong
Honolulu
Hsinking
Karachi
Kobe
London
Manila
Los Angeles
Moji Nagasaki
Nagoya New York Osaka Otern Paris Peiping Rangoon
Rio de Janeiro San Francisco Seattle
Semarang Shanghai Singapore Sonrabaya
Sydney Tientsin
Tokyo
Tsingtau
Yingkow
Interest allowed for Current Ae- counts.
Deposits received for fixed perioda at rates to be obtained on applica- tlong.
Y: KANO,
Manager.
Hong Ko¿, 10th March, 1937.
THE
SHANGHAI COMMERCIAL &
SAVINGS BANK LIMITED (Incorporated in China)
Capital paid up
$5,000,000. Reserves
$7,500,000. Capital Savings Dept. $500,000. Reserve Savings Dept. $800,000.
•・・ Hend-Officé Shanghai. A Bank having as its mission the industrial development: on China and the fostering of her commercial relations abroad, Hong Kong Office-
6, Queen's Road, Central. Phone 31116.