THE CHINA MAIL, NOVEMBER 9, 1957
CORRESPONDENCE
ONCE NEW RAILWAY
PLANNED IN NORTH
Rent Profiteering
To The Editos "China" Mail 1.. Sir, May 1 Poice, through the medium of your esteemed paper, a grievance on behalf of the lower and working class of people whose insignificant services, if not altoge- ther unrecognised, are at least gen- erally treated as trivial, but which as a matter of fact are the main man-power that make H. K as it is These people comprise the greater part of the community. Therefore I do sincerely hope the Chinese re- presentatives in the Council will continue to do their utmost to im press on Government to realise the hardships of these people.
*
The influx of refugees encourages the landlords to demand an increase From 20, 30 even up to 50 per cent. on the original rental.
The diet of the working class chiefly consists of vegetables, fish, salt fish and perhaps a little meat. Recently the price of vegetables has increased by 400 per cent fe from four cents per catty to nearly 20 cents, fish by 200 per cent, and beef and pork by nearly 50 per cent. How have the landlords a
of heart to tolerate any increase rental when they should realise the irreparable high cost of living and the precarious condition of these poor people? May 1 remind them that Mercy and Charity are double blessings: They bless him who gives and him who receives.
The landlords may raise various excuses such as high consumption of water etc. to support their de- is mands Assuming that there. really higher consumption of water that does that warrant them to de- mand so unreasonable an increase of 30, 40 or 50 per cent.
During this time of tribulation is it not logical for everyone to suf- fer a little? Yet the sufferings of the well to do and landlordsTM are trivial when compared with the poor and working class people. Is it humane for the landlords to retrieve their higher cost of living by im- posing further hardship on the poor. -people in demanding an increase of
rent?
Nanking, To-day.
comprehensive scheme has been mapped out by the Japanese for construction of a new railway linking Pei- ping and Jehol, according to Chinese reports received in the capital.
Large quantities of con- struction materials are st ed to have been transported to Peiping from Manchuria, while efforts are also being made to recruit Chinese workers for the project- Reuter.
LOCAL SHARE MARKET
Following is the list of changes and enquiries in local share quotations. this morning:--
BANKS
Hong Kong Bank $1620 b., $1630 sa.
INSURANCES
Canton Ins. $2671⁄4 bi Union Ins. $515 b., $517Ź sa.. China Underwriters $1 s H. K. Fire Ins. $55 b SHIPPING
R. K. Steamboats $9 s. Indo-Chinas (Pref.) $51 b... Indo-Chinas (Def) $43.b.
DOCKS, WHARVES, GODOWNS,
ETC
HK and K. Wharves $116. sa E. K. and W. Docks $2934 8. Providents (Old) $2:35 st.
BANKS
THE CHARTERED BANK OF INDEA, AUSTRALIA & CHINA
BANKS
17
HONG KONG AND SHANGHAI
BANKING CORPORATION
Authorised Capital Issued and Fully
Reserve Fund
Sterling
$50,000,000
20,000,000
6,500,000
$10,000,000
$20,000,000
Hong Kong Currency
Reserve $53,000,000
£3,000,000 Reserve Liability of Proprie
£3,000,000
Incorporated by: Bayal Charter, 1858 HEAD OFFICE: LONDON: 38, Bishopsgate, E. C... 2- Paid-up Capital Reserve Fund Reserve Liability of Proprie-
Manchester Branch, 71, Mosley Street, Manchester. Agencies and Branches:
Bangoon
Alor Star Azatitanz Bangkok
Bombay Calatta
Campore Ceba Colombo Dothi
Hankow
Harbin
Hong Soon
Toile Ipoh Karachi
Kobe:
Saigon
Lumpur ching. Madras
Seat Taiping..
Medan
New York
Paiping
(Khuket)
(Peking)
Tsingtao
Fenang
TokohamaTM
Zamboang
Foreign Exchange and General Banking business. transacted
Current Accounts opened and Fixed Deposits received for one year or shorter periods at zates which will be quoted on application.
The Bank's Head Of: in Zogdan undertakes. and claims Executor and Trustee business,
Incomes. That everpaid, Try of British terma which may be scertained-at sny of its
gencies and Brabobes.
R. W. ROBERTS,
Manager.
Hong Kong, 1st January, 1985.
THE BANK OF EAST ASIA, LTD.
Authorised Capital Paid-up Capital
Profits
Providents (New) 45 cts. b., 50 cts Reserve and Undivided
S., 50 cts. sa..
• Raubs $812 b.
MINING
LANDS, HOTELS & BLDGS.. H. K. Lands $31 b.
PUBLIC UTILITIES
Yaumati Ferries $25 b.
STORES, &C..
Dairy Farms $25 s. Watsons $43⁄4 3.. Wm. Powell, Ltd. 45 cts. b.
COTTON MILLS Ewo Cottons Sh312 b. Shanghai Cottons Sh. $82 bát.
MISCELLANEOUS Vibro Piling $5.85 b.. Wallace Harpers $5 s. Marsman Inv. (H.K.) s/- 4/8d. b.
EMPIRE DEFENCE COLLEGE
London, To-day.
Will Government take legal steps,
-The War Secretary, Mr. L. Hore which, though outwardly they may look despotic would in fact do a Belisha yesterday visited the Im- great right which would deserve the perial Defence College, where the blessings of the poor, to forbid any officers from the three defence ser- increase of rental until the War in vices, the Indian Army, the Civil South China is over? As as 1 Service and the Dominions undergo. serving courses of study-British Wireless. notices to quit or demand an in- crease since 1st. November.
know more landlords ar
is due
The P. and O. s.s.Behar left Will our new Governor take steps Singapore on Sunday and to put a stop to this profiteering? here on Friday at about noon. Otherwise the demands for further
increase will be proportionate with the coming development of the War in South China and the fur-
ther influx of refugees.
J. S. S.
POPPY DAY
Previously ackno
J. E. Taggart
Hon. Sir Henry Polloc
Aarun Landan
N. Croucher
St. Patrick's Society of HK.
Provincial Grand Lodge B.A.0.B.
(GAME) Chica
1st Kumaon Rifles
Detachment, Royal Army Pay
Corps
Brown, Jones and Co.
$2,710.- 100.-
50.-
50-
'50.-
50.-
NACET
NACET
IN ENGLAND
BLADES
50.-] NACET Blades have an established reputa- 40.- tion for fine quality at
a low price. Their abso 27-lute reliability has won
for them gre
25.-
KR Quick
CC Wilson.
*10-20
C. C. Roberts
10/
Mr. and Mrs. Frank Austin
4:10-
RA, C. North
10.
MF. Key
-10.-
Miss C. U. Mitch
5.-
LNC
$10,000,000.00
5,598,600.00
.$ 2,776,726.76
HEAD OFFICE HONG KONG. 10, Des Vaux Road, Central.
BOARD OF DIRECTORS:- Hon. Sir Shou-son Chow, Chairman; Li Chan, Esq., P. E. Krok, Esq., Wong Toog, Eng Chan Ching Sheik Fag. Sang EagWong Cho bon, Esq., Kan Ying To, Esq. and Fung Ping Tab, Fa
Bombay,
Kan Thing Po, Esq, Chint: Manager. Là Tan Fongi Esq., Manage.
BRANCHES AND AGENCIES:
Malbouma
Paining
Seattle
Samarang
Shanghai
Singapore
Sydney
San Francisco
Tokyo Vancouver Yokotams
tors:
HEAD OFFICE. HONG KONG.
BOARD OF DIRECTORS.
G. Miskin, Esq.,
Hon Mr. M. L. Johnson,
Deputy ChaiIZERIN
2. K. Bousfield, Eng., ~ ¿. E. Compton, Erg., S. E. Dodwell, Esq
J. B. Masson, Esq. (2
AMOY
S. Morrison, Esq Hon Mr. JE T. E. Perrow, Eng
A. La.. Shields,~~
Sir Vandeleur M. Grayban,
NG
UING
HANKOW
HARRIN
HONGIFEW
ILOILO
TPOH
JOHORE
KORE
KOWLOON
Chief Managua
BEANCHES. —
LONDON
KUALA LUMPUR
INONS
MALACCA
HANTLA MUAB (Johors) MUEDEN
ANG FANGOOK SAIGON
FRANCISCO
SAN FR
SUNGEI PATANI
TOKYO
ISINGTAO YOKOHAMA
Current Accounts opened in Local Curency and Fized Deposite, zucsired foes cone year of sharie- periods in Local Curreng and Sterling on ̈Det m=s. which will be quoted: on application.
ALSO up to date SAFE DEPOSIT BOXES azione Size TO LIC
Hong Kong, 1st March, 1985.
HONG KONG SAVINGS BANK
"The Buzines of the above Bank is conducted Hoon by the HONG KONG AND SHANGHAI BANK- Bules may be obtained Yun LG. COBFORATION Lanon application
FOR THE HONG KONG "AND SHANGHAI BANKING CORPORATION
M. GRAIBUEN, Chief: Mas
Every description of Banking and Exchang business-transacted... Loans granted on approved
Current Accounts opened in Local Cuzzemey and Fired Deposits – zaosivad for cos yes or alsorter periods in Local" stod "Fresign Currencies on terms winch will be quoted on application.
Safe Deposit Boxes To Let.
KAN TUNG PO,
Chief Manage
THE WING ON BANK, LTD.
Hong Kong, Ist March,
THE YOKOHAMA SPECIE BANK LIMITED
Established 1880 Capital (fully paid-up) Yen 100,000,000 Reserve Fund
Yen 134,400,000
Head Office:, YOKOHAMA- Branches and Agencies it
Alexandria Bangkok Batavia Berlin
Bombay
Calentta
Canton
Dairen (Dainy)
Moj
Nagasaki
Nagoya
New York
Osaka
Otarti
Paris
Peining
Fengtien (Makden) Rangoon
Hamburg
Hankow
Harbin
des-
Hong Koas Honolulu Hsinking Karachi
Head Office: Hong Kong 26, Des Voeux Road, Central Authorised Capital $10,000,000 LONDON BANKERS:-- Westminster Bank, Ltd Foreign Exchange and every cription of banking business transacted.
Current Accounts and Savings AC- Kóba counts opened. Fixed Deposits re London ceived at rates which will be quoted on Mamla application.
Los Angeles
Trusteeship & Executorship under- taken. Safe Deposit Boxes for hire.
PHILIP GOCKCHIN,
Chief Manager
COAST WISE
by
"ALGIE BENNETT.
An interesting book of Cartoons depicting "Happenings
China Coast.
PRICE $1.00
Now on alle
the
The Newspaper Enterprise, Ltd.
China Mail Building.
Bio de Janeiro
San Francisco
Seattle.
Semarang
Shanghai
Singapore
Sourabaya
Sydney
Tientsin
Tokyo
Tsingtau
Yingkow
Interest allowed for Current Ae counts.
Deposits received for fired periods at rates to be obtained on sypl
Y KANO,
Hong Kong, 11th September, 1937.
THE
SHANGHAI COMMERCIAL &
·SAVINGS BANK LIMITED
(Incorporated in China)
Capital paid up
Beserves
Capital Savings Reserve Savings
warz Ferd-Office
A Bank having
the industrial
$5,000,000.
$10,000,000.
$$500,000. $600,000.
Its mission elopm
China and the fostering of her
relations abr
m's Road Central.
Phone 31116.