1916-10-30 — Page 7

MONDAY, OCTOBER 30, 1916

SHIPPING

P. & O. S. N. CO

ROYAL MAIL SERVICE

UNDER CON EBAUD WITH HIS MAJESTY'S GOVERNMENT

TO

THE CHINA MAIL.

MONEY POWER BEHIND

TRADE.

$10,000,000 BANK PROJECT. ·

WORK FOR YOUNG MEN.

where the German banks in particular inquiries into schemes which are sub wear to have been able to affurd special mitsed to 16. The committee found not amistance the inspection of under a single sittle of evidence to justify tha takings of the most varied description. universal patery that British trade abroad add to havé fald themselves ood for has suffered through Jack of ordinary stimulating their promotion and for banking facilities. The financial part of carrying them through to a succesta) { the proposal is intended rather to supple. completion.

mens existing facilities by way of grant ing aid over longer terms, then are usually granted by banks

MARSEILLES AND LONDON, Bank, with a capital of £10,000,000, ordinary business done by the British London Chamber of Commerce, sald

TAXINA PAmayorns and Cargo To

Nov, 3 Through Steamer

*MONGOLIA...

We conclude therefore, that there The formation of a British Trades ample room for an institution which, while not interfering unduly with the

joint stock banks, by colonial banks, and by British foreign banks, and banking houses, would be able to saist British interests in a manner that is not possible under existing conditions.

Mr. L.A. Martin, Chairman of the

*** This is` certainly, a step in thề right. direction, What we want is a well. managed commercial bank which will deal with matters in a commercial spirit; thas is, tako broad views on questions

for the purpose of giving direct amint apes to British trade both at home and abroad, is proposed in the report issued on the 23rd uit by the com mittee of bankers and financial experts. who, under the chairmanship. of Lord

Mr. A. W. Gamage, looking, as tho Faringdon, have been, inquiring into

It might in certain cases, siter careful mustier from the trader's point of view, the financial facilities preded to

examination, syree to make advances for said, to a Dally Express represente develop British productied after the the extension of existing manufacturing tira A

plant, or perhaps for the amalgamation.

STRAMTS, COLOMBO, INDIA, AUSTRALASIA, EGYPT, 20.

Steamers

50

Colombo.

Leave Hongkong Noon

Connecting Ma Steamer from Colombo.

Due at Marseilles 1916.-

Due. London 1916,

Nov. 17

Doo.

1 Through

Steamer

Dec. A 17 ... Dec.

1912 Jan. 3

Dec. 17. Dec. 31

1917 Jan. 14

waf

11

MANKIN NOVARA SOMALI

Doc, 15

KAISER-T-HIND... Jan, 14

Deo. 29

Through

JAD, 12

: NYANZA

Jan. 26.

KASHGAR ... Through Steamer

NAMUR

Feb.

0

* ARABIA ...

Steamer Jan. 31

Feb. Feb 38 MAZ. 11

12

Jan. 21 Feb. 11 Feb. 191 Mar. 11 Mar. 18

NORE *NYANZA

MALTA

→ Passengers things Steamer at COLOMBO osammeďatíone in the connecting Steamer from COLOMBO is defultaly reserved in

Hongkong at the time of Booking.

On the Australian Route Tickets Interchangeshia with Orient Lino.

BAILINGS DIRECT) TO

SHANGHAI, MOJL, KOBE AND YOKOHAMA.

S. S.

MALTA

NANKIN

NOVARA

BOMALI

NYANZA

Leave Hongkong About

9th November." 20th November.

THURSDAY, MONDAY, SATURDAY,

2nd December.

SUNDAY, SUNDAY,

17th December. 31st December.

Passengers may travel by Railway in Japan between Ports of Call free of charge. Return Tickets are available by Messageries Maritimes Company.

INTERMEDIATE STEAMERS

Tou- Transtipment),

IN ADDITION TO THE ABOVE MAIL STEAMERS, S WILL LEAVE DIRECT FOR?""

MARSEILLES AND LONDON,

TO FORESTALL OUR ENEMIES.,

Such an institution might in many generally." ways be beneficial to the development of British industry and manufactures.

TLDE'S VIEW

Such a bank should exist, to batriend.

or co-ordination of certain works, so sa and help traders and not, to make big to reduce the cost of production. It dividends for lis shareholders.. The joint would moist these works to obtala orders | stock banks have proved a failure, and abroad, and give them rassonable finag- the proposed British Trade Bank should cial facilition for executing those orders. alleviate the lack of confidenes among BANK SHOULD START AT ONCE. Is should give a preference in matters of traders, which has been brought about finance to orders which are to be exerted by the harsh attitude of the joint stock in this eruutsy.

banki.

The urgency of the need for the immediate emnation of such a bank je strongly emphasised by the committee They say

it,

The information bureaut, it is urged.), ! If we are to capture the trade of the should keep up to date returns regarding foreigner we must see that the best termis the status of firmos abroad, and should are placed at the disposal of the little make speciality of obtaining early man in trade, who is so often responsible We are of opinion that there are ptrong ressons why the bank should information from abroad regarding new fine the creation of new enterprise. Any business openings, large contracts offer naistance which the Bridek Trade Bank be formed without delay, so that pre-ing, etc. It should he independent of the can afford will mean so much to him-in liminaries may be completed before Board of Trade, but in close touch with times of stress. the war is ever. Our enemies are sure to make, at the earliest moment strenuous efforts to regain their pesi- tion in the world of commerce, and finance, and it may well be that when peace comes unemployment may be -zifo at beme unless new markets are exploited. It seat to us desirable. therefore, to ascertain in advance the requirements of foreign countries and the whereabouts of raw materials for our industries.

C.S. ELAMFLE.

~it may also be recalled, although-the- commitres make no reference to the fact,

Calling at SINGAPORE, PORT SWETTENHAM, PENANG, COLOMBоthat just under twelve months ago a

AND PORT SAID.

CARRYING LET AND SALOON PASSENGERS AT REDUCED RATES.

PROPOSED BALLINORI

-Leave

H'XONO About

Leare S'PORK. about

Dae- st M'BRILLEN. if calling about.

Die LONDON .about.

THE INTERMEDIATE SERVICE IS TEMPORARILY SUSPENDED. WIRELESS TELEGRAPHY FITTED ON ALL STEAMERS..

All Cabins ara fitted with Electric Fans free of charge and pach: Berth Furnished with an Electric Reading Lamp,

Paare Tickets Interchangeable with the British India Co. Round-the-World Tickets and Through Tickets to New York in connection with the Cival Mail Lines Principal

Return Tickets at fire and a half avaliable to Eurype for Two Years; or to Intermediate Porta for Six Months.

Owing to the War in Europa Steamers and Bailing dates are liable to be cancelled

en altered without notice."

For Further Information, Passage Fares, Freights, Handbooks, stoy apply to

E. V. D. PARR

Acting Superintendent.

CHINA MAIL S.S. CO., LTD.

FREIGHT AND FASSENGERS.

S.S. CHINA DO

WILL SAIL FROM HONGKONG FOR

SAN FRANCISCO

VIA SHANGHAI, NAGASAKI YOKOHAMA & HONOLULU,

NOVEMBER 15- JANUARY 27.

~AN-UNSURPASSED-HIGH-ULASS-PASSENGER SEEVICE. AT INTERMEDIATE BATES.

0. H. BITTER,

Prince's Buildings,

Freight and Passenger -Agent,

Ios House Street.

INDIAN AFRICAN LINE.

Cargo carried on through Bills of Lading from HONGKONG to BEIRA, DELAGOA BAY, DURBAN (Natal), EAST LONDON, PORT ELIZABETH and CAPE TOWN with transhipment at COLOMBO to Steamers of the INDIAN AFRICAN LINE

FROM Hoxexo

PROPOSED -SAILING,

Donnecting with

› FROM COLOMB?

Excutter AcCOMMODATION Pon 1az and 27ɔ Olam PamerGERE.

ORIENTAL AFRICAN LINE.

Regular Direct Service from JAPAN, CHINA and STRAITS BEIRA, DZLAGOA BAY, DURBAN, EAST LONDON, PORT ELIZABETH and CAPE TOWN, calling at MAURITIUS ea rose and storiling the Quickest Freight Transport from the ORIENT to SOUTH AFRICA,

PROPOSED SAILING,

8.8. "SALAMIS"-

For Rates or Freight apply to

From Hongkong" 30th November.

THE BANK LINE LIMFEED.

ELLERMAN" LINE. (Ellerman & Bucknall Steamship Co.,Ltd).

JAPAN, CHINA AND STRAITS

TO

UNITED KINGDOM & CONTINENT,

Emphasis is laid on the necessity of the bank having vigorous young men lo push its affairs in every quarter of the globe.

11.

I do not agree that the bank should mix itself up with speculations...or syndicates. It should confine itselt to legitimate banking. The information bureat, cn, the other hand, is a good idea. Il industry is to be extended," say From bay owa experience. I know how the committee. It is essential that necessary is là tha traders should be able. British products should be pushed, and to obtain Arst-olses and reliable informa amoufacturers, merchants, and bankers tion with regard to the status of foreign

It is customers." must combine to push them. believed that this pushing could be asalated by the creation of body of business young men.

In this connection it is perhaps worth pointing out that at the close of the was there may be considerable number of educated young men who will great American Institution was formed not be willing to settle down again to under the title of the American Inter, the humdrum of an office, and from these it should be posible to select a number nasional Corporation, with a

similar

who would be desirous of going to the capital to that now proposed for the Colonies and foreign acuties to push

for business on thair own account:"", British bask-$10,000,000-te do Amarican trade exagtly what it is suggested the British bank should do for British trade. That corporation already in setiva operation.

The committed propose that the new British Trade" Bank should be constituted under a royal charter, and, while not actually nader Government control, should receive as much official recogni tion as possible. The chief features of the bank would be a

is

Capital, £10,000,000, with ở first ipsus

of £2,500,000 to £5,000,000. It should not accept deposits an call of short notice, and only open cur rent accounts for parties who are

Another importans side of the bank's business is suggested as follows:-"In the case of young men with some little means of their own, the institution should be willing after careful examination of credentials-to grant larger and longer credits, then have been customary with existing banks. The principle of becom ing special partners in a business for a period of years will be well worth the consideration of the management when the institution is formed "

BEGEERS INTERESTED...

At the close of business on the Stock Exchange on September 29th the new scheme was discussed with the greatest interest.

"The proposal has an indirect but

- proposing to make Use of the oversça particulas interest for many brokers, facilities which it would afford.said a prominent member of the Boe Special facilities might be afforded in We have. often received from clients a foreign department for dealing with appeals to bring them into touch, with bille in foreign currimey, and a credit people interested in certain manufactures, department for the issue of credits but that, of course, is not our business. to parties at home and sorcad

"I should like to see an Inventions

It should enter into banking agency Board attached to the information arrangements with existing Colonial bureau, so that man with largo dess or British foreign banks, and set up and small capital may be given a

or agencies, where no chance that. branches British foreign bank of importance air. Vase Smith, chairmen of Lloyds existe.

Bank and a member of the Board of

**

NOTICES TO CONSIGNEES

SHIER LINE OF STEAMERS,

LIMITED,

NOTICE TO CONSIGNEES FROM MIDDLESBRO, LONDON GENOA, COLOMBO PETRAITS.

THE Steamship Merionethahire, having

SHIPPING

PACIFIC MAIL S.S. CO.

U. S. Mail Idine.

OPERATING THE NEW FIRST CLASS ÉTELMERS ‘ECUADOR,” “VENEZUELA” and COLOMBIA

14,000 Tons Cis

HONGKONG TO SAN FRANCISCO, via SHANGHAL, KOBE, YOKOHAMA, and HONOLULU. The Sunshine Belt,

The most Comfortable Route to America and Europe.

8.K. “VENEZISTA”- SA "COLOMBIA........ 8.8 * EQUADOR".

These Steamers have the most modern" Equipment Including: ALL LOWER BERTHS and large comfortable Staterooma

Aingle and two berths only)

The Safety and Comfort of Fassurers. És: our first comsklernblom. Tickets are interchangeable with the Toyo Kisen Kafsha and the

» Canadian Pacife Ocean Services LANGUA For further information, rates, literatura, schedules eta,

apply to

THAFFRONE 141.

BANKS

HONGKONG & SHANGHAI

BANKING CORPORATION.

PAID-UP CAFTIAL 1900

sava Fun Sterling

£1,500,000/$18,000,000

Silver

18,000,000

RESERVE. LIABILITY OF

PROPRATOR

$15,000,000:

COMPANZE.OFFICE M/

Alesandra Buildings,

Chater. Band,

BANKS ERLANDSCHE HAS MAATSCHAPPE

ESTABLISHED · 1894)

AUTHORISED

$15,000,000

CAPITAL

COURT OF DErectora,

W. L Pattenden, Esq,--Chairman.

B. R. Dodwall, Eng.-Deputy Chairman." * G.T.M. Edina, Esq† flon Mr. D. C& Gabbey, Eaq Hon Mr

Tandale.

PH. Holock Plummer, Esq.

PAID-UP

CAPITAL RESERVE

80,000,000- (£5,000,000

£50,000,000 (B

FUND £. 9,337,168= (2 709, HEAD: OFFICE---AMPURINAM. Branches at

"The Hague gen Rotterdam

HEAD AGENCY BU

Branches at

Hon. Mr. E. Shellm. | BANDSIKKAA

CHILY MANAGER: Hongkong-N.J. STABR Eq.

MANAGER

Shanghai-A. G. STEPHEN, Esq.

LONDON. BANKEES LONDON COUNTY AND WESTMINSTER BANK, LIMITED

HOKULONG-LIKEEST ALLOWED. On Current Account at the rate of Two cent per annum on the daily balance:

arrived from the shove Parts, Cone formed that all Goods are being landed af per Tigness of Cargo by her are hereby, für how risk lute the harsrdogu småför azke hazardous Godowds of the Hongkong and Kowloot Wharf and Godown Cole itak whence add/on from the harres, delivery may be obtained by the 4th November at sy wil he wubject tar

All broken, chafed and damaged pask

Goods net žleared

rent.

Aren are bo be late in the Gions where they will be examined par 3rd November, 1916, 41 9.30 Clime against the spresented within 10 days steamet maat bep

cock bec of aminal otherwise, they will recognisice

No Fire Insurance will be affected by us

La

any case whatever "Bill of Lading will be countersigned by -JARDINE, MATHESON & Co., L...

Agenta

Hongkong, Oct. 8, 1918

KONINKLIKE PÄKETVAART MAATSCHAPPY OF BATAVIA, JAVA NOTICE TO CONSIGNEES.

It should inaugurate an information Trade Committee, asid in an interview:- having

burasa,

Steamship.

"YAN SHILBERGEN,"

1188

arrived from SINGAPORE,

all are being landed

The most valuable part of the pros So Good ng or are notified It should endeavour got to interfere la posed bank, in my opinion, will be the ak luto the hazardous and/or extra rybrames for which existing banke information department. This will not hardous-Godowas of the Hongkong & and hanking houses now provide deal with schemes, but rather ineuitate Howloon Wharf & Godown Co.,Ltd

facilities.

Where desirable it should co-operate with the merchant and manufacturer, and possibly accept risks upon joint Recoust.

It should become a centre for syndi

cate operations.

LIMITED FACILITIES.

The committer pay a strong tribute to the present banking system of this coun try, and to the manner in which bankern have assisted British traders both at home and abroad, but it is pointed ond that the facilities they provide azé limited to those which can be provided without lock-uchsal would impair by liquidity of funds and deposi at call and short notice." They add

We recognise that the British manu- facturer may be frequently in want of finance of a kind which's British joint "stock" bank could not prudently provide,

The Man Who Gets There

Ir the man who has blood- real rich red blood, "and", plenty of it in his bodys

WATERBURY'S METABOLIZED COD LIVER OIL COMPOUND makes blood-lots of It-life giving, brain nourishing. strength replenishing blood..

OFILL CHEMISTS

PRICKS: $1.25 and $2.

THE AUSTRALIAN ORIENTAL LINE. GKONG TO MANILA, ZAMBOANGA & AUSTRALIAN PORTS,

SAILINGS (BUBJECT TO AS/PERATION).

whence and/or from the wharris delivery may be obtained,

Goods not cleared by

will be gubjécs to

2nd

All broken, chafed and damaged packages are to be left in the Godowns, bera thay will be examined by Mens Goddard and Donglas Son November

ter and at £10.30.

Clairs against the Stexmer must be of revented in writing within, ten days arrival of stemmer, otherwise they will not be recognised

No Firm Insurance will be affected by unia szy ose whatever. Ve Vane 1 VA DA Bills of Lading will be outersigned b JAVA-CHINA-JAPAN LIJS,

Agents, Hongkong, Oct. 28 1016.

1184

NIPPON YUBEN KAISHA. NOTICE TO CONSIGNEER FROM EUROPE, COLOMBO AND STRÁLIS

THE Company's Steamship

CHERIDON,

DUTMEER,

| DJOKJAKARTA,

KOTA RADJA BEAKARMAT MEDAN PADANO, PALESTRINGS PEKALONGAN, PENANG, "PONTIANAK,

RANGOON

SAMARANG,

SHANGHAL

SINGAPORE,

SOURABAYA

TANDIONIS-BALL TEBING TINGGT) TEAL

VEZAN WENGIVERSE,

Corespondents at Bombay, Colombe Madras, Pondicherry, Calatia, Bangkok, Salgon, Halphons Hol: Amoy, Yokos York, San Emncisco, der de

ON FIXED DYrosita sinn minn dahama Robe, Melbourne, Sydney, New

131 per cent. per ann

NAJSTABB' -Chief Manager.

Hongkong, Feb. 19, 1918

HONGKONG BAVINGS BANK.

THE

business of the soove Bank is conducted by the HONGKONG AND, SHANGHAI BANKING COR FORATION Rules may be obtained on application re

; LONDON: Borgens - The Union, all London and Smiths Bank Támited.

The Bank buys and sells and recely for collection Bills of Exchange. Čaru letters of credit on its Branchen correspondents In the East; For Continent, in Great Britain." Amirlos and Australia, and frammets banking business of every "description:

UTAVAN BEE:"

Hongkong, Feb. 6, 1915

HER THE

YOKOHAMA SPECH

BANK LTD.

SESTABLISHED 11880:

INTEREST of deposita is allowed on the minimum monthly balances at M. PER CENT. per annum Depositor may transfer at their option balances of $100 or more to the HONGKONG AND SHANGHAI BANK, ; to be placed on | ÁUTHORIZED CAPITAL... Yer 48,000,000.00, FIXED DEPOSIT 16: 4 PER CENT« PAID-DE CAPITAKA, TANA

RESERVE FUD

For the Hongkong and Shanghat

› Backing Corporation.

JSTABB

Chief

Hongkong, May 14, 1914

2017

THE MERCANTILE BANK OF INDIA, LIMITED."

Authorise

STOCK BANK, Loevizo Ковров

Every description of Exchange busines transscted.

TEREST allowed on Current Apcounts at 2 per cent per annum on Daily Balance and on Fixed Deposits atratca which may be ascertained or syplication

See deting Manager. Hongkong, March 27, 1918

INDIA AUSTRALIA & CHINA

INCORPORATED BY ROYAL CHARTER

hasing, arrived from the shove potHE CHARTERED BANK OF Consignass of Cargo are hereby informed that their Goods are being landed sud placed at theierisk la the HowaONG AND KOWLOON WHARF AND GODOWE Co. flodowns of Kowloon, where each sandlane ment will be soned out mark by mark and. dosiery can be obtained as soon as the

200 Pract be osrried on unles Arriyos Hongking Learse Hoogkong for Chords are landed.

Optional Goods WHERE OUT from Anteada:

Finstructional are given to the contrar

befors: Noor, To-Di

31st October.

7th November.

not alesred by the 2nd November,

God on

LONDON.

62£1,200,000

20,000,000% 1

© 20,600,000,000

FIXAD OFFICE-YOKOHAMA

ERANCHIS AND ADHYGIENAT, ANTONG-HALEN NAMASAKI BOMBAY CALCUTTA

CİLANGÓRUM

NEWCHWANG

NEW YORK

DAIRES (DAY) PREN

ONCLUZU

BAN FRANONION. SELLESIAS

SINGAPORE

SYDNEY

CANG

LONDON

"LTOM

Torro AKINANTO

"Interest allowed on Current Accouan Deposita received for fixed perfora rates to be obtained on applestion

EISHI OZO

Hongkong, Septemb

THE

CHINA MAIL

Can be outained at the follo

HongBorer

These stedets are fitient "Trest "provisoLE

'RID'