THE HONGKONG TELEGRAPH,

THE BUDGET DEBATE

WILLIAM HEUGHAN,

and civilian alike?

PUBLIC WORKS DEPARTMENT;

FORTHCOMING CONCERTS. HONGKONG AND SHANGHAI

W49

'BANKING CORPORATION.

HEAD OFFICE: HONGKONG, Authorised Cppital

$80,000,000 $20,000.00

Beserve Fond Sterling- Silver-

£ 1,500.000 $20 500.000

$20,000.00

Reserve Liability of Proprietors

THURSDAY, OCTOBER 22, 1925.

BANK S

INTERNATIONAL BANKING CORPORATION.

(Owned by the National City Bank of New York).

Capital & Surplus U.S. $1,000,000 HEAD OFFICE:

60, Wall Streek, Nom Cart. LONDON OFFICE : 36 Bishopsgate, E.C. BRANCHES :

Osaka

Panema

Poking

Puerto Plata

Rangoon

San Francisco, Cal.

San Francisco de Macoris

San Pedro da Macoris Sanchez

Calcutta Canton

Chief Manager A. H. Barlow, Esq. Manager: Shangbai-0. B. Stitt, Bag, LONDON BANKERS: WESTMINSTER BANK LTD." CURRENT ACCOUNTS open-

{

Cobu

Colon

Dairen

Hankow

Harbin

Santiago de los Caballeros Santo Domingo

Hoogkea Kobe Le Vega

FIXED DEPOSITS received for one year or shorter periods in Local Currency and Sterling on torme which will be quoted on application.

Madrid

(Continued from Page 7).

essential Services Register.

May

It is indeed welcome nows that bo it is covered by some other the great Scottish dramatic basso, charge. If this is not the case, William Houghan, is 'to' again would urgently request that this visit Hongkong. Since he was, register be kept continually up-to-last hero, Mr. Heughan has meted and Fully Paid-up date, and I feel sure that in view with phenomenal. success in of the crisis through which we have Australia and New Zealand, in passed, employers of labour will fact, his is said to be the greatest Hladly afford all the assistance triumph of vocal art ever register- possible by supplying the informa-Jod in those countries which have COURT OF DIRECTORS:

G. M. Young, E. Chairman tion required. Nothing can be given birth to many famous

H.P. White, Esq. Deputy Chairman Barahona truer than the adage that to be singers, The New Zealand Times 0.0.1. Bernard, Esq Hon. Mr. A.O, Lang Barcelona

concert given in W.H, Bell, Esq. prepared for war is the best raporting a

W. L. Pattenden, Eaq Batavis security for peace, and I know from Wellington stated "Mr. Heughan H. Compton, Esq. J.A. Plummer, Esq. Bombay personal experience what an asset was given a wonderful ovation....Hon. Mr.P.H.Holyoak T. G. Weall, Esq.

he was cheered to the echo, and that register was of late, and if ctin-

an enraptured audience tinually kept up-to-date it can be oth to let him leave the even more so should circumstances platform." From the Sydney require its use again in the future. Daily Telegraph we read: The Whilst on this subject, may incomparable Scottish basso. "specially endorse my honourable Such is his amazing versality, ed in LOCAL CURRENCY and

colleague's remarks on the good which, sided by a voice of singular work lately performed by all the beauty and power and a most volunteer workers-illitary, police engaging personality, stamps him as one of the greatest bussos who have ever visited this country," Those who heard him in Hong Under Miscellaneous Services, kong previously, will thoroughly are to be found various sums endorse such verdicts, and those allocated for a number of highly who have not yet enjoyed the useful purposes, and I would sux-privilege of hearing him should gest that the Government renders book both the available dates, assistance--not necessarily mone- November the 12th and 13th, at tary but by free grants of land Theatre Royal Booking will be in the New Territory for experiat Moutrie's as usual. mental farming cattle, chicken and vegetable, in order that-we re a Colony may be more self-contain ed and less dependent on others for our fresh food supply. There are thousands of acres of guitable "land there which would be utilized for this purpose, and 1 believe if the Government were to show its sym- pathy in such enterprise. pioneers would be fortheomjur.

Booking has already commen-ing Corporation. ced for the season at the Theatre; Last year I'drew attention to the entire lack of any attempt to in Royal of the Italian Grand Opera Company, which is visiting the dicate clearly the names of our Bast, under the direction of the streets. When later on'twas asked Gozalez Brothers, who brought to inspeet some sample labels the first Grand Opera Company had hope that action was about to to Hongkong from Italy some ten be taken. On enquiry as to why years ago nothing further had been done,

GRAND OPERA.

THE FORTHCOMING

SEASON..

Hongkong, 21st Feb., 1224.

HONGKONG SAVINGS BANK,

T

conducted by the HONGKONG AND The Business of the above Bank is SHANGHAI BANKING CORPORA TION. Rules may be obtained on application.

INTEREST on Deposite is calculated on the lowest balance during each com pisted Calendar Manth at 34 per cent por Should there bene balance on DATUD.

any day in a month no interest will be allowed for that month,

Depositors may transfer at their option Balance of $100 or more to the HỒNG; KONG AND SHANGHAI BANK to be placa on FIXED DEPOSIT at CUR RENT RATES.

For the Hongkong and Shanghai Bank.

A. H. BARLOW,

Chief Manager. Hongkong. 7th January 1925.

THE BANK OF CANTON LTD. Head Office Hongkong.

Reports to hand so far, indicate Authorised Capital Information is given me that this that the Company is capable of Paid Up Capital.. "very, necessary work has now been a high standard of work, includ-Silver Reserve Fürd

cancelled, or at any rate postponed.ing some excellent soloists wib

Tientala Tokia Yokohama maila Credit, Bills of Exchange and Cable Commercial and Travellers' Letters of Transfers bought and sold. Jurrent Account and Savings Bank accounts opened and Fixed Deposits in local and foreign aurrancion taken at rates that may | be ascertained ou application to the Bank.

We are also able to offer our Oostomar the services of Branches of the Nation City Bank of New York in the principal countries of South America and in the West Indies.

G. HOOG,

Manager.

Queen's Road Central, Hongkong.

THE YOKOHAMA SPECIE BANK LTD.

Established 1830. Capital fully paid up)....Y. 100,000,000 Reserve fund. X. 33,000,000 HEADOFFICE -YOKOHAMA Branches and Agencies at Batavia Kobe Bombay London Вмедов Лугов Дусти Bangoon

Los Angeles San Francisco

Calcutta

Canton

Changekun

Dairen

(Dainy) Fengtion

Mukdan

£1,200,000 Hamburg

£1,081,875 Haukow 4.700,000 Honuiulu

Harbin

Genera: Banking

Interest allowed on

CURRENT ACCOUNTS 2% per annum on daily credit balances

It is inconceivable that the few will be heard here for the first Foreign Exchange thousand dollars involved would time. The repertoire is a com- business transacted. *embarrass the Government, and. ¡ prohensive one and if the reput- would ask that this work be pro-ation made elsewhere is upheld, veeted with. Perhaps the twelve a most successful soason should thousand dollars to be spent on the result. Messrs S. Moutrie & Co. geological survey could be utilized have charge of the booking ar- 'for this purpose.

It is satisfactory to note that money is, to be "spent on more: #dient lighting throughout the Colony, and it is to be hoped this work will be carried out without delay.

rangements,

'CANTON FIRE.

MARKETS GUTTED,

Whilst on the subject of lighting. may suggest that the big banyan. trees in Nathan Road he removed

Canton correspondent, and replaced by smaller and more writing under date of the 20th suitable trees? The cutting down instant, states:".

Our

of any trees is to be deprecated) The city continues to be quiet. unless absolutely necessary, but Thore was a big fire yesterday on these banyan trees, fine though they the eastern side of the Electric are in themselves, are unsuitable Power Station. The fruit and for lining roads. They grow ton vegetable markets were gutted, quickly and their roots spread too and great confusion still prevails widely. The trees in question have on the Bund, where the transport grown to such an extent that they of vegetables monopolises all the

road.

meet in the middle and entirely hide some of the street lamps gradually returning to their posts, The missionary community are moreover, they encroach to a con- and now that Shameen ik open siderable extent on the roadway.there is no reason why they

No item appears to be allotted should not all come back."

to the improvement of the road to Tai Po where there are several bridges which are positively dan gerous to motor traffic. Let us hope no serious accident occurs. before these bridges are widened and the approaches improved. REFUSE DESTRUCTORS NEEDED. On many occasions, the Un. olleials of this Council have urged the adoption of, refuse destructors, and I um glad to hear y honour- able colleague pressing the matter|

COMMUNISTS ARRESTED.

TWO LEADERS CAUGHT IN LONDON.

London, Oct. 21, Two more Communist lenders,

again. We have been told in the Mesars. McManus and Murphy, past that these contrivances are not were arrested in London this after suitable for Hongkong. You will non-Reuter,

pardon me, Sir, if I say that thai

answer does not satisfy me. I have

it on good authority that these

destructors are used to very good there is no more cloth avallable. purpose elsewhere and we should Tis, however, does not appear.to give them a trial. Mechanical con me to be the case, trivances of all description should

It is my opinion that the new

be employed where possible so as assessment of the Colony," If| to eliminate the human element as efficiently carried out, will produce much as possible.

a bigger increase than has been

is

I am afraid. Sir, that none of allowed for, Land Sales my remarks suggest retrenchment, admittedly a difficult item ta my excuse being that i eannet see estimate, but with trade resumed I that the financial situation is such believe there will be fresh appli- as to necessitate applying the axe cations for land coming in almost to works which are urgently immediately.

roquired. In your Budget speech This Colony has been foully last year, Sir, you stated that, you struck below the belt, but we have saw no necessity to maintain our not been "knocked out" or even balance at a higher figure than five nearly so, and therefore it would million dollars. Our estimated seem there is no reason to display balance at the end of this year is ourselves in garments too small for 'five million three hundred and fifty-us.

five thousand. The 'maxim of cut- The Government'e replies to ting one's coat according to the the points, raised were being cloth in hand is sound, provided delivered as we went to press.]

of over $100.00:

SAVINGS

4% per annum DEPOSITS.

for 12 months 6% per annum

6

30

12

A 3%

11

oo Domand 2% per annum

BRANCHES - Canton, Swatow. Shanghai. Hankow; Bangkok, New York

and Bau Francisco.

LONDON BANKERS :-The Lloyde / Bank Ltd.

LOOK POONG BHAN, Chief Manager.

THE BANK OF CHINA.

(Specially suthorised by Presidential Mandate of the Republic of China on the 22nd of November, 1917.) Authorized Capital Paid-up Capital

$18,278,600.00 Reserve Funda.....................................§. 9,679,475.24 HEAD OFFICE; PEKING. HONGKONG BRANCHES.

$6,000,000.00

Semarang

Soerabaya

Modila Beattic Nagasaki Shanghai Nagoya Singapore Newchwang Bhimondisk ·· 1. Oraya Bydney

New York. Tiontain Peking

Tokyo Tainautu Taingtou Vladivostock

Rio de

A

Janeiro

Karachi

Eai Yuen Saigon.

Interest allowed on Current Accounts. Deponite received for 8xed periode, at rates to be obtained op application.

Mr C. ARIMA,

Manager..

Hongkong, March 11th 1925.

#24TRIEP SOCIETE FRANCAISE DE GERANCE,

DE LA BANQUE INDUSTRIELLE DE OHINE. ..ETABLISSEMENT FRANCO CHINOIS. (Incorporated in France).

6. Chater Road, Victoria, Hongkong,

HEAD OFFICE

74, Roe St. Lazare, Paria.

Capital Franca. Beserves Francs

.....Fr■10,000,000.00 „Fr■.10,790,000.00

Working fand provided by THE BANQUE INDUSTRIELLE DE. CHINE Franca 50,000,000 BANKERS.

FRANCE:-Bociste General Banquà National da Credit, Banque Paris-et des Pays Bas.

LONDON Midland Bank Ltd. NEW YORK living Bank, Columbia Trust Co.

ست

I

BANQUE DE L'INDO-CHINES

(BRANCH BANK.)

HEAD OFFICE !

16, Boulevard Isusmann, Parik,

spitsi Pald-up Capital. Reserves

Fre. 72,000,000.00

Fr. 60,400,000.00

Fra. 89,667,283.54

"

BRANCHES & AGENCIES ›

Bankok

Battambang Mongtas

Hongkong

Baigon

Shanghai

Canton

Noumer

Singapore

Djibouti

Маресь

Tientsin

Haiphong

Peking

Tourans

Hankow Hangi

Pnomana Tadivostok

Pondicherry Yunolo

BANKERS:

II.

National

In FRANCE:-- Compleir

d'Escompte de. Paria; Credit Lyonnais; Banque de Paris of ins Pays-Bay Credit Industrial Commercial; Societe General.

In LUNDON-The National Fro vincias and Union Bank of England, Ltd Comptoir National d'Escomple de Paris, Credit Lyonnais

Ip NEW YORK-J. P. Murgan & Co. Interest allowed on Current Accounta and Fixed Deposits secording to arrange ment.

Every description of banking and exchange business transacted.

A. LECOT,

Manager,

NEDERLANDSCHE, HANDEL

- MAATCHAPPIJ. (Netherlands Trading Society)." BANK.

Established 1624

Hongkong Branch established 1906. Authorized Capital Unitdor150,000,000

کرد

- Paid-op Capital Guilders Reserve Fund Guilders Spousal Renarves Guilders

(£12,500,000)

...... 80,00,000 :.{$.6,666,679) 20,536,061 (0 1,711,405) 22,660,000

( 1,880,330) HEAD OFFICE :--AMSTERDAM, Eastern HEAD OFFICE BATAVIA,

BRANCHES --

Bandjarmasin Katá-Radja Rotterdam Bandosag Macana Samarang Bombay Medan Shanghai Calcutta

Padeng Singapore Cheribon

Palembang Soerobvia Pocalonan Soerakarta

Tegal ¡Balej Pontianak Tatjag and The Hague Rangedh Weltevredes

London Bankers-National Provincial Bank, Ltd.

Pojokjakarta. Pong

i

Kobe

Correspondents oil over the world.. BANKING BUSINESS OF EVERY DESCRIPTION.

M. J. HERBSCHLEB,

Atsal

THE, P. & 0. BANKING CORPORATION, LTD.

(Incorporated in England 1920) With wach is aliatod

THE ALLAHABAD BANK, LTD. INDIA.

£5,000,000

Authorised Capital....... Subsoribed and Paid-up£2,594,160 Reserve Fund...........

HEAD OFFICE:

£160,000

122, Leadenhall London E.C. WEST LONDON BRANCH:. 14-16, Cockapar Street, London S.W.J. EASTERN BRANCHES : Bombay, Calcutta, Karachi, "Madras, Colombo, Singapore, Hongkong,

Canton and Shanghai

The Corporation undertake General Banking and Exchange Business of ovary description and ja addition to its Branches hau Agencies in all the principal cities of the world.

L.E. HOPKINS;

Manager.

da 22, Des Vœux Road Central, Hongkong.

THE HUMONG BANK, LID, {Established 1917.) CAPITAL:

4, Queen's Road Central. Branches and Sub-branchos all over China and correspondents in Europe, ¡ Every description of Banking and America and other parts of the World. Exchange Business Transnoted. Corre-

LONDON BANKERS :-The National' spondents throughout the world. Provincial and aion Bank of England

Lid,

The Guaranty Trai Company of New

York.

NEW YORK BRANCHER :-The

A. ROLLIN,

Managar.

Irving National Banks. The Equitable THE CHARTERED BANK OF Trust Company of New York.

Interest allowed on Current Accounte and Fixed Deposits. Terms on applica- tion.

Every description of Banking business transacted.

Loans granted on approved securities. Spacial facilities for Home Exchange.

PEI,.

Jamnager.

ORIENTAL COMMERCIAL BANK, LTE.

54. Dos Yosur Road Central, Hongkong.

BRANCHES BANG KOK— SHANGHAL Correspondents: - London: Worth" minster Bank, Ltd: New York; National City Dunk; San Francisco: Union Trust Co. of Ban Francisco: Canton Bank.

Authorised. Capital ............................... 5 000 000. .$1 500,000 Paid Up Capital.........

Modern banking in all its branobes Current accounts savings accounts and fixed deposits solicited. Izan granted on approved secresty,

Overson banking a speciality: INTEREST.--Current accounts cont datinge 6 per cent, Fized Deponita, 3 months 6 per cent, 6 months 41 par cent, one year 6 per cent,

Bafe Deposita, Boxes for Rant. Our Vaults safeguarded · by tire olooks and double combinations. Aravur, plate steel doors.

J. Y. LUM,

Manager.

INDIA, AUSTRALIA & CHINA.

Authorised Oapital....$20,000,0

Issued

Pald-up...

Rezerve liabilities of

Shareholders

Surplus..............

Voigtländer

Hollar Bas

HELIAR 1:45

THE LENS THAT MADE Mr. MATZENE FAMOUS !

TEL 0, 4411.

SANDER. WIELER & CO.

1 Frcon POWELL'S BUILDING.

Fap!

Fresh Air on Tayo!

WHEN it is "set fair" with

he thermometer in the eight es you can always com- mand a refreshing Breeze from your

Electric Fan

It will keep you fit until holiday-time, and sustain you at concert-pitch afterwards....

One unit of electricity will drive a small fan for 20 hours.

THE

CHINA LIGHT & POWER

Co., (1918) Ltd,

SHOWROOM:-62, Nathan Road, Kowloon..

Telephone No. K. 677.

TO EUROPE

Arrangements and bookings made on all SUEZ LINES.- Complete Information on tours through Java. States, India, Egypt, ato,

Malay

Choice of

via AMERICA. Through tickets. Issued. Railway Lines in United States and Canada Complete information on sightseeing, Hotels, estimates of cost for all tours. Trans-Atlantic reservations made.

ALL TICKETS ISSUED AT TARIFF RATES.

Baggage and Accident Insurance.

Carry American Express Travollers Cheques.

For complete information apply THE AMERICAN EXPRESS CO., Inc. 4A, Dea. Voeux Road, Central. Telephone C. 4625:

ELECTRO-PLATING.

OVER TWENTY YEARS EXPERIENCE 'in the Electro- deposition of Metals in Hongkong places us in a position to offer reliable and efficient service for the plating of articles in Gold, Silver, Nickel and Copper.

Artistic finishes in Bronze, Antique Copper, and Oxydized Bilver.

Polished and Lacquered Brassware,

William C. Jack & Co., Ltd.

Electrical Engineers,

8,000,000 4,000,000

Tel Central 358.

4,000,000 825,000

HEAD OFFICE :-SINGAPORE. Branches, Agencies and Corraspondents In the principal cities of the world.

Every description of Banking and £3,000,000 Exchange business tranencted.

(Incorporated by Royal Charter 1863.} Paid-up Capital Reserve Fund........

..£4,000,000 Reserve Liability of Proprietors £3,000,000 | - Foreign Exchange and General Banking businesi trazeneted,,',!

Current Accounts opened and Fixed Deposita received for 1 year or shortar periode at satra which will be noted on application.

4. H. FERGUSON,

..

If ador

L, HUANG Manager...

A Camden nian has done" what every one would like to do, and what nearly overy

one has dreamed of doing. From Miami the story that he has mado $1,000,000 an hour for eight hours.. Buying 115 acres of this Florida real estate that is so rapidly put:

THE BANK OF EAST ASIA ting the Southern California nose

LIMITED.,

HEAD OFFICE-HONGKONG,

Authorised Capital

Paid-up Capital Reserve Fund-

DIRECTORS

Li Koon Chu

P.E. Kwok

per

Ng Ching Luk Pour Wai Ting

$10,000,000 5,000,000 ,000,000

Hon. Mr. Chow Shou Non-Chairman Fung Ping Shan Mok Ching Kong

Wong Yun Tong Huyuh Tai Kan You Po Chan Obing Shak Every description of Banking and Exchange business transacted Loans: granted on Approved securities,

SAFE DEPOSIT BOXES to let.

IKAN GTONG PO Ohlef Mänsgef.

out of joint, he agrees to pay $3,000,000 and does pay over $1,000,000.as down money, Losy than eight hours after, the land was out in lots it was sold for. $10,399,000. In eight hours $7,999,999. Not so bad. Mr. Rockefellor has certainly done worse many days. Probably Mr. Ford hae not done so wel in many weeks. And how that opic tale will ring through Miami, Palm Beach and Fort Lauderdale and all that more or loss hoctie: fringe of Florida where the "un earned Increment” is being turn. ed into dollars. The Roney dea will increase the size of th globushystericus, already so proš miniónt in the Florida thorax.

Use Gas For

Hongkong.

LIGHTING

COOKING

HEATING

It's Best!

HONGKONG & CHINA GAS CO., LTD.

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