1921-03-04 — Page 8

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We hold stocks of the following Cord Tyres

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FAR EASTERN BANKING.

INTERESTING REVIEW.

FEATURES OF THE PAST YEAR'S ACTIVITIES.

"FISKE"

"LEE..

From its long

THE CHINA MAIL.

g sumined efforts to pro- mote the overseas interests of Japan and the Japanese Government.

MITSUBISHI.

Like many of the important Japan-

SPORT.

\LIAQUE FOOTBALL...

JUNGLE "NEWS TAGÈNCIES.”“”

* WIRELESS* OF THE WILD.

MYSTERIOUS COMMUNICATIONS.

Below are the fixtures for the 2nd Division of the Hongkong League to That natives have methods of be played on Saturday, March 5 spreading news which are, to say

3 pm United v. Punjabi, Navy, "B" Ground.

eso banks, the Mitsubishi Bank was SATURDAY'S DIV: II MATCHES. originally associated with one of the great Japanese commercial families. The whole enterprise, of which the bank in its earlier days formed one of the departments, throve greatly and Hnally the time came when the importance of the banking section

3 p.m. Staffs v. Club, Sookumpoo demanded its formation inte * ground. separate company. With a paid-up 3 pm. Carlisle" v. RG-A, Res. capital of yen 30,000,000 (shout | Navy "A" Ground. $3,000,000) the bank was formed 3 p.m. Indian v. South China, St. imo a limited liability company in Joseph's Ground. 1919 under its present title, and the large part it plays in Japanese bank- ing may be ganged from the figures of the last available report and bal- ance-sheet, made up to June 30, 1920. The total deposit and cur-

to accounts amounted rent

yen

270,100,000, and acceptances to yen 13,725,000. Among the assers ad- vances stood at yen 241,855,000 and Cash' et yen 28,003,000. Net proits for the half-year to that date were yen 4,333,000, and after placing yen 2,450,000 to various reserves the directors declared a dividend at the rate of 8 per cent. per annum.

4.30 pm St. Joseph's v. Kowloon, St Joseph's Ground.

CLUB RES. v. STAFFS.

The following will represent the Club Rea-Groot, Roos, Boysen, Stutz, W. Mackensie, Macdonald, Hast, Sorrensen, Sherry, A. Mackenzie, and Railton.

Players are requested to be at the Pavilion before 245 p.m.

CRICKET.

H.K.CC. v. R.G.A.

the least of them, extremely difficult to explain can be stated without fear of contradiction; writes. BC.T. to the Daily Mail.

In 1913 Lord Harcourt, then Colonial Secretary, caused a small sensation In the House-of-Commons by stating that he could not give details of movements of troops in Somaliland, because the news would reach the Mullah with incredible rapidity. The cutting up of the Came! Corps. by the Mullah was known hundred of miles away within twenty- four hours of its occurrence.

FRIDAY, MARCH †, 1:21.

DAIRY FARM

FARM NEWS.

Customers are requested to

apply for our Revised Price

List which came into force

on 1st March, 1921

THE DAIRY FARM, IUE & COLD STORAGE Co., Ltd.

STRAITS COUNCIL

When the Benin massacre occurred, Fan Englishman living at an up-coun- try station in the Gold Coast Colony, some six hundred miles from Benin, was told by one of his boys, "Plenty white man killed in Benin comtry.” This was daya beföre the POPULAR REPRESENTATION. news reached Cape Coast Castle:

I

Such instances could be multiplied | to almost any extent; and all who have bad experience of natives, whether in Africa, Asia, or America,

QUESTION OF EXTENSION.

One be elected by British Members of the Chamber of Commerce, Singa- i pore,

One be elected by the British Members of the Chamber of Com- merce of Penang.

One be nominated by His Excel- lency from the residents of the Settle- ment of Penang.

One be nominated by His Excel lency from the residents of the Settle. ment' of Malacca.

BANQUE INDUSTRIELLE DE CHINE. The Banque ladustrielle de Chine@ is an institution which has already takes no inconsiderable part in the The following will represent the economic development of China, and Club in this League match to-morrow

The following are the suggestions the political changes wrought by the at 2.15 pm., on the Club ground: are perfectly aware that news does and recommendations of the Com war in the Far East render i proo-T. E Pearce (capt.), M. E. F. Airey, travel through the wild in this amaze mittee appointed to consider, the

maiter of changes in the constitution" able that the opportunities for future LJ. Davies, G.M. Dorkins, WH.ingly rapid fashion.

The question is how does it travel? of the Straits Legislative Counci business in this direction will be on Drummond, F. H. Farthing, W. H. a greater scale than in the past. The Hope, R. M, Madden, H. A. Sawyer, Some people will tell you it is done: bank is of comparatively recent forms. D. J. Valentine, and R. E. A. Webster. by drums and that a code is used. similar to our Morse code, the news tion, having been established in 1913.

being thus carried by night from one 1919 were practically double the total with a head office in Paris and an

village to another, Others assert of 1913, the net profits in the same office in London, it also possesses a

that smoke signas are used. Others. period have risen from $339,000 to very useful network of branches in

The following will represent the again and this is a common belief This will mean that there will be not merely the right of recommend $51,000. In view of the great the Far East, where it owns offices in expansion in business experienced Vladivostock, Singapore, Yokohama, Civil Service in a friendly match in South Africa contend that the an Unofficial Majority and we con ing a member to His Excellency as within recent years, the capital RC and several Chinese centres. Its against Hongkong University on the natives shout the news from hilltop sider that subject to adequate safe at present, but we are of opinion that

guards the principle of the Unofficial the right of election:should be con court has undergone considerable en-

figures have shown marked expansion Civil Service ground to-morrow at to hilltop.

Dr. R. W. Felkin, who accompanied Majority should be recognised. We fined to British members and that largement,

For many years up to of late years.

At the end of 1919 its 2.15 p.m.--G R Sayer, E. B. Reed, 1918 the paid-up capital had stood said-up capital stood at 39,439.0001. R. C. Witchell, E. W. Hamilton, F. J. Emin Pasha through Uganda z good are of opinion that, this should be elections should be carried out under £1,200,000. In 1919 it was raised

CIVIL SERVICE v. UNIVERSITY.

~)

Three be nominated by His Excel- "We recommend that the Cound laney from the residents of the be enlarged by the addition of 3 Settlement of Singapore. Official Members and 6 Unofficial We recommend that the Chambers Members so as to consist of His of Commerce. of Singapore and Excelency the Governor, 12 Official Penang be given the absolute right Members and 14 Unofficial Members. of election of one member each and

Barking in the Far East has pre-42,000,000 and last year a fresh about 4657,300 at current rates), į Ling. B. E. Strange, P. T. Lamble,; many years ago was at Lado a thou the first step towards, extending the Rules ́ approved by the Governor in " sented many difficulties during the million was issued, the old £20 sh while for that year net profits amount-") G. R. Piercy, W. H. Edmonds, E. F. sand miles south of Khartum, when representative character

to

the close of 1919, and many of the capital. The" premium on the issive tigures have reached very large pro-1

THE MERCANTILE.

It Dow

BILLIARDS.

HO KOM TONG CUPS.

of the Council. As the Membership of these the local wizard told him and Emin Council.

Chambers consists largely of: firms that during the previous night be The smallness of the Unofficial and Companies it will be necessary visited. Meschera el Rek, more than Majority recommended and the diver. to define what are British firms and 500 miles away, the Nile.

sity of character of the Unofficial Companies and for this purpose we He said two steamers had arrived Membership when compared with recommend that the definition be as there and described the English homogeneous Official vote will pro- follows-- officer in command. He said that a bably in practice be found to result A firm shall not be deemed to be short man with a big beard was in the control of the proceedings of a British firany unless at least 75 per At the Palace Hotel last night, Mr bringing papers for the expedition Council remaining with Government cent of the members thereof are J. Muckerjee (50) beat Mr I. Sowray and would reach them within about But adequate safeguards should be British subjects. (-200), 250-221. Highest break: Mr 30 days.

provided to ensure the passage of A Company shall not be deemed Muckeye, 21.16 and 15; Mr Sowray. Thirty-two days later the steamers legislation considered by Govern- to be a British Company unless all 26, 20, 18 (twice) and 16 (twice). duly arrived, and all the details given ment to be essential to public welfare the Directors are British subjects and

TO-NIGHT'S GAMES.

by the native proved to be absolutely and to prevent the passage of at least 75 per cent of the voting correct.

desirable legislation. For this pure power is held by British subjects. pose we suggest the adoption of

We recommend that the remaining sections 51. 52 and 53 of the new members of Council: shall, all be Constitution (printed as nominated by His Excellency the Cerlon Appendix B).

6 pm Mr H. Davis (150) v. Mr J. Taylor (250).

9pm-Mr E. Guimaraes (200) v. Mr W. E Wison (50).

TENNIS.

More, by comparison of dates it was found that the wizard told the doctor and Emin of the steamers' arrival at Meschera within 40 hours of their actual arrival at the spot.

We recommend further that the Governor, Of the Chinese members we recommend that where ever pos To imagine that such news with present right of protest contained in sible one shall be a resident of Singa such a wealth of detail could have section XVIII of the Standing Rules: been conveyed a distance of 550 miles should be retained but a proviso that pore, che a resident of Penang and inside 10 hours seems to me a greater such protest must be forwarded the third a resident of Singapore or Malacca. Of the two Indian strain on credibility than to accept without undue delay to the Secretary members, we recommend that one the explanation that the sorcerer was of State should be added.

shall be a Mohammedan and one a We recommend that with one Hindu. clairvoyant or that it was a case of.

exception the Official Members of; Council should hold their seats by thought transference.

ed to 14,918,000, a total showing Fincher, and C. Sara.. second complete post-war years, says being at the same time, subdivided an increase of some nine and a hall The Times in a special review of Farino 45 shares. The bank is very million francs over the 1918 profits. Eastern backing. International cop strongly placed in the matter of The dividend on the ordinary shares merce has not been sustained at the reserves. which amounted

was 14 per cent. The balance-sheet | high level, of activity experienced at 43,000,000 before the latest issue of

portions. In 1914 advances on cur- commodities which figure amongst the was £500,000, and if this is added rent accounts totalled 31,643,000F.;| imports and exports of the Far East-to reserves the latter will amount to at the end of 1919 they stood at em nations have sustained a severe £3,500,000; a sun well in excess of 282.627,000l. Similarly in the same fall in value. Japan gave the first he paid-up capital. The dividend has period the bills held have risen from definite sign of the change that was

been raised several times since 1915.45.000 to 235,524,0001. The total taking place in the financial cris and including bonus amounted to 204 of the balance-sheet at the end of which occurred in that country in the per cent.. free of tax, for 1919.

1919 des 1.089,715,000. spring of 1920. The difficulties which

BANK OF TAIWAN, then arose were skilfully handled by

In 1897 the Bank of Taiwan was the Bank of Japan and have been. Though not so old-established

China, some of its rivals, the Mercantile established with the primary object of successfully surmounted.

Bark of India has developed rapidly fostering the commercial and financial after seeing her exchanges soar to record levels with the price of silver, in the last six or seven years. Thus, development of Taiwan (Formosa). It has also wimessed the subsequent while in 1914 it held 54 millions of has accomplished this object with no reection, while to this cause for re deposits, the last balance-sheet show-small measure of success, and 27 the A same time, has built up a position

H.K.C.C. TOURNAMENT. duced imports has also to be added ed a total of over 18 millions. the severe famine in some parts of trebling of deposits within so short which places it in the front rank of the Empire. In view of these cira time has naturally called for a larger the large Japanese banks.

Yesterday in the tournament at cumstances the banks working in the capital, and both in 1919 and 1920 possesses an office in London and a Far East so far as can be judged from the capital account was increased. large number of branches in the Far the Hongkong Cricket Club only one the dividend statements announced up The last increase took place în April, East, including 25 in Japan, Taiwan, match in the Open events,was played to the present have achieved better 1920, when 60,000 shares of 5 and China, and offices in Bangkok, doubles between Lt. Col. F. J. results for the past year than might each, fully paid, were issued at a pre- Batavia, Bombay, Hongkong, and Bowen and Col. L. Humphrey v. Kpartment of the game, and smashing virtue of their offices. We consider and speak the English language was very rare Bowen and Hamp that a seat on Council should involve Acently is a becessary qualification miem of £5 per share. By this several other cities. Like most other Yamasaki and H. Anatoro.

The Japanese began, well and the brey did not hit hard, and won on a real responsibility for Cficial Mem. for Membership of Council

We recommend that nomination addition the paid-up capital will be banks working in the East, its busi- raised to £1,050,000, and the re-ass has expanded during the past Englishmen badly, the score going placing. If the Japanese would learn bers as it does for Unofficials. The genius of the British for sound serve, if the premium on the new four or five years. The capital in to 3-0 in Yamasaki's favour before to keep well back until they have Official Members should be expected or election should be for a term of 3 and successful banking has perhaps shares is included, will stand at the 1917 was yen 17,480,000 (about one game was taken by the other mastered the volleying game and to speak on the introduction of Bills years but that members should be

side. There was much hitting off would use more common-sense in the concerning their departments, never been shown to better advantage i same figure. Net profits have more £1,748,000), but it has since be the wood. The Japanese took the matter of combination and tactics, reply to debate, on such bills, to for a further term or terms.

We recommend the institution of than in the rise to great power and than doubled in the past five years, increased to yer 37,484.000. weshth of the Hongkong and Shanghai and since 1915 the dividend has been posits, current accounts, etc., is the games to 4-1 and 5-2, but could get they would produce quite a good, answer" Questions" concerring their

Bowen "and combination, for they both possess departments and generally to take a regular sessions of Council at inter- Banking Corperation. It is safe advanced from 8.6 per cent. to 16 same period have increased from yenne say that the high prestige enjoyed by per cent., the distribution for 1919 145,008,000 to yen 379.891,000. Humphrey, playing carefully, just hard drives which they did not use more active part in Council proceed- vals of 2 months for such period as may be necessary, and we suggest ings... The Englishmen The games to-day will probably be We recommend that the Official that Unofficial Members should have Britain in the Far East, and particu-being 14 per cent, with a bonus of The bank now pays dividends at the managed to hold them and took the as much as they should have done.

the right and opportunity of speaking The activity rate of 10 per cent. per annum, and

SOW beran to find the weak prevented by rain. Those fixed in Members should consist of— larly in China. owes not a little to the 2 per cent., less tax.

Emergency point of their opponents, clude the reply of the match between His Excellency the Governor; and on the adjournment. manner in which the affairs of this of Easter trade in the year follow has steadily set aside large sums out It may be

namely the backhand, and pounded Ng Sze Kwong and M. P. Choa and The Senior Military Officer for the meetings for the transaction of urgent wonderfully successful bank have beening the armistice is reflected in the of profits to reserves. conducted. The Hongkong Bark increase shown in the bank's loans added that the bank possesses a large it to the full The Japanese, like . Krebs and E. E. Brown in the time being in Command of His business might be held between regu

At the note circulation in. Taiwan, the total stands for British financial and com- and advances in that year.

at the end of 1919 being yen most of their countrymen, are amable doubles, J. R. Wood with G. R. Sayer Majesty's Regular Troops in the lar sessions. mercial interests in the Far East in a end of 1918 they

to play a backhand half-volley, and v. G. M. Dodwell and J. M. W. Mears, Straits Settlements. stood

the spectators saw them caught at in both of which the first pair should and the holders for the time being of manner which is hardly realised by £4.872.000, while by the end of 49,653,000.

their feet and helpless time afterwin, and in the singles the match the Offices of the stay-at-home Briton, and the great 1919 they had risen to over 8 til-

lime. Their tactics, too, rendered Wong.Po Keang v. Yew Man Tsum, responsibility which is thus thrust fions. upon the managers of the bank has always been worthily upheld. One of

-well have been expected.

HONGKONG BANK.

the features of recent balance-sheets

YOKOHAMA SPECIE.

De

further, and

at 7-5. Bet

A. PLAYER LATER

The Colonial Secretary.

The Attorney-General. The Resident Councillor, Penang. The Resident Councillor, Malacca The Treasurer.

The Colonial Engineer. * The Director of Medical Services. The Director of Eduration. The Secretary for Chinese Affair The Collector of Land Revenue, S'pore

!· We consider that ability to read.

eligible for renomination or re-election

We attach importance to the full and accurate reporting of Council debates and we consider that such " reports should be more readily acces- sible to the general public - We therefore recommend that the short- hand reports abould be published as

■ supplement to the GovTAMENT. Gazette as soon as possible after the date of the Meeting.

Nearly the whole of the maila

The Teisha Nicht Nicht tells an them liable to lose many an unneces in which I fancy that Wong will not extraordinary story about a fleshy sary point, for when one partner was be puzzled by the heavily-cut strokes The Yokohama Specie Bank con- fruit that grows in Tsinan, and has driven well to the baseline the other of his opponent and should win It has been the manner in which the tinues to forge ahead: Despite the effects like those of opium, while it would stay in mid-court, so that a will be an interesting match as the reserves have outstripped the paid-up [recent financial troubles in Japan, its has the advantage of being cheaper. lob on the short side was put time style of the two players is so very capital. An important increase in the Profits for the first half of 1920 were Seizures have been made on two after time cross-court through the different. latter has just been announced. It is some £450,000 greater than those Japanese steamers, and it is said that feet of the man at the net. This proposed to issue 40,000 new shares for the corresponding period of 1919. a Japanese in Osaka has confessed fact and the numerous missed half-

The courts have been inspected of $125 each (at an exchange of 3s. being returned at the large total of that be has an egg business in volley accounted for most of the

this afternoon and found in good abt. £18), which are to be offered £1,055,400. This great expansion Tsinan, whence he imports the fruit points in favour of the English pair.

The second set was more or less condition. The following matches to shareholders at £70cach. As in eaming power must be connected concealed among eggs. As opium

One Member to be nominated by from Japan to Europe, via America the cxisting paid-up capital is with the large additions made of late is now probibited in China, it would a repetition of the first, and went to will consequently be played off

Open Championship Doubles: Ng name by His Excellency the Governor shipped from Yokohama and other $15:00,000 the new issue will raise to the bank's capital. Since June, be supposed that if there were any the winners of the first, at 63. Then

special experience of any officer Mara" on December 6, were destroyed the total to $20,000,000. The divi-1919, the paid-up capital has been such fruit as is described, the Chinese the Japanese tried to remedy the Sze Kwong and Chos Man Ping v. to enable him to avail himself of the ports on, the NY.K. liner“ Suwa

from £4,200,000 to would eat it all, says the Japan errors of their tactics, and both H. Krebs and E. E. BrowIL dend for 1920 was the same as that raised

Eve on a mail car at Berthold, North rank": Fr 1919, amely £8 per share, or £7.400.000. The latest balance- Chronicle. But the story of its im stayed to the baseline more. This Open Championship Singles: Wong whose post may not be of Council by a fire which occured on Christmas

sheet, that dated June 30, 1920, re-portation Into Japan, together with saved them from the cross-courting Po Keung v. Yew Man Trun

We recommend that the 14 Un Dakota, according to information re- 64 per cent.

veals comparatively small indications the large number of recent arrests in of their opponents, but the game Club Championship Singles: R. M.

official Members should consist ofceived on Wednesday morting froya

Seven Europeans.

New York by the Yokohama Fost of the troubles of last spring. De-Japan for smuggling, soporific drugs now became a steadiness competition Henderson v. W. H. Drummond.

Office, says the Japan Gazette. No For many years past the Chartered posits are some nine millions lower at from China into this country, seems in which the English were easily the -------

details are given concerning: mmails, Bank of India, Australia, and China £56,000,000, but bills payable-are to suggest that drug habits, previous best... They took the third and final

TT

other than those from Yokohama has ranked among the most prosper-considerably higher at £68,244,000..ly almost, unknown are on the in-set at 6-2

The losers play quite a good game is safe to say that Chamberlain's Colic, and Diarrhoea Remedy has

but it is known that there were 198 ous of the great Eastern exchange as also are bills receivable at crease in Japan. The new business

sacks from other cities in Japan to banks. Its gross and net profits have £81,180,000. Discounts and loans growing up with the cultivation of if they are not hurried, but they saved the lives of zoors. people and mounted rapidly of late years, though are over ten millions. lower at the poppy in Japan and of coca in prefer a deliberate stroke: This their relieved more soffering than any other

Europe shipped through Yokohama on the same liner, the number being the growth in the former has out £30,000,000..

Yokohama Formosa will probably produce evils opponents would not give them the racedy in existence. It is known al cires of cramps in the stomach. diar-

39 sacks from Tokyo, 42 from Kobe, stripped that in the net earnings owing Specie. Bank has played a great part that will cause regret at this get-rich opportunity to play. The lobbing on over the civilized world" for its speedy

8 from Osaka and a fries Nagaka to the sharp rise in expenses. Thus, in the development of Japan's foreign quick scheme having been entered both sides was good, though the thas and all intestinal pains. For se

Japanese were the better at this deby all Chemists and Bloemkoopers." while gross prots at £1,258,000 for trade, and has resped a rich reward, upon.

CHARTERED BANK, ́-

The

A. LIFE SAVER.

Three Chinese.

Two Natives of British India. -Ode Representative of the Malay Race. */

One Eurasian Members must of course be British

subjects.

Of the Europear Members we re- commend that

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