1928-12-27 — Page 2

HONG KONG AND "SHANGHAI

BANKING CORPORATION.

Authorland Capitaš motem

Issued and Fally Pald-up

Reserve Funde

Bledlog...........

$50,000,000 $10,000,000

8,000,000

Biter - @14,000,000

_Bastre. Liability of Broprisions comen§34,000,000

HEAD OFFICE, HONGKONG.

DGURT OF DIRECTONS ;~~-~ á. II. Comptos, Eng.

+

Chairman.

H. B. Brown, Kaq. Deputy Chairmat).

Hen. Mr. D. D. P. Belih. W. K. Bali, Esq.

D. Landor Lewis. Bar. -

C. O. 8. Mackie, Kmą,

AMOT

MASOKOK BATAVIA ΣΤΟΝ ΠΑΥ

CALCUTTA CANCON CHEFOO COLOMBO DAIRES

W. L. Pallanden, Esq.

J. A. Plammar, Bag

T. 0. Well, Eaq.

H, P. White, Esq.

Chia! Manager,

Hon. Mr. A. 0. Hyam,

FOCCHOW

HAIPHONG

BAMBURG

МАХНОН

HARFIN

HOFOKEW

ILOILU

JOHURE

KOSE

LONDON

BRANCHES

I-TONS BIALACOA

KUALA LUMTUR

MANILA

SLOURDEN NAGASAKI NEW YORK

PERING

PENANG

KANGOON

SAIGON

HAN FRANCISCO

SHANGBAL

SINGAPORE

NOURABAYA SUNGEI PATANI TIENTUIN

ТОКУО

TSINGTAO YOKOHAMA

Current Acounts opened in Local Currency and, Fixed Depolts received for one year of shorter periods in Local Currency and sering Ar which will be quoted on appělostion. Hong Kong, Bath Docutulane, 1928.

HONG KONG SAVINGS BANK.

The Itasias of the abers Back

by the HONGKONG AND BLANDILAS BANKING CORPORATION. Rules obiaived on application.

may be

FOR THE HONGKONO BANKING CORPORATION.

&

BHANGHAI

Chial Manager.

Hong Kong. 18th September, 1937,

A. C. HYNES,

NEDERLANDSCHE HANDEL

MAATSCHAPPIJ.

[NETHERLANDS TRADING SDOLETY)

DANKENO.

J

Established 1824.

Hong Kong Office 1-il Quaaz's Road Central. Authored Capital Quild 150,000,000-

(£1,500,000. Paid-tip Capital ................................ dull 80,000,000

(23,686,070) Heserve Fradulidars 40,000,000- (20,188,659.)

"Lead Offon (AMSTERDAM"}, Eastern Head Eco-BATAVIA. BRANCHES —Dandformsala Bandooos"

Cafoutis, Cheribos. Jeddah, Djakjakarta) The Hagunt, Kobe, Kola-Hadja, Makassar, Madini, Padmag Palembang, Pekalongan, Pang Pontianak,

Semurang"),

(Bemar

行銀商工法中

BANQUE FRANCO - CHINOISE pour. le

Commerce et l'industrie

(Incorporated in France).

Prince's Building, Chater Road. Hong Kong.

HEAD OFFICE:

74, Rue St. Lazare, Paris. Capital fully paid up..Fre.50,000,000 Special working capital .Fra.50,000,000 Reserves

.Frs.22,819,000,

BRANCHES:

RANKERS:

THE CHINA MAIL,

POWER SCHEME

MILLIONS TO BE SPENT. IN SCOTLAND

COMMERCE

AND

FINANCE.

NEW ZEALAND

PROPOSED LOAN ON THE LONDON MARKET

ART"

A NEW ROMANCE IN. INDUSTRY

LANCASHIRE'S GAIN

Lancashire and Yorkshire cotton mills, which have lost in recent. years so much of their export trade, will, it is hoped, be placed in a posi tion next summer which will enable them to meet all foreign competi tion and recapture the Far Eastern markets. The Galloway district of South- Wellington, N.Z.-Replying to Between three and four million Paris, Lyons, Marseilles, Saigon, Western Scotland is to become various criticism of the $70,000,000 pounds of prtificial cotton is now Haiphong, Hanol, Teurane, Quinhon, the scene of an important hydro-loan policy of the United party, Sir being grown in Essex and Sussex Hut Thanh hoa, Vịnh Phom Penh.

Peking, Shanghai, Tientsin, Hong electric power scheme involving Joseph Ward points out that the which is expected to be available Kong.

capital to the extent of several land settlement scheme, one of the in July to every cotton-spinner in millions and employment for main planks of the party pro-the country at a fixed price of six- FRANCE:-Sociote Gonorale, Banque thousands of workmen. To this gramme, is vital to the future pros-pence, a pound, an'immediate sav

Nationale de Credit Banque de end a syndicate has been formed. perity of the Dominion.

ing of at least fourpence a poundį Parts of des. Pays Bas. LONDON:-Midland Bank, Ltd.

According to a message from

He proposes the issue of 4% on what they are now paying.

This artificial cotton is being NEW YORK:-American Exchange Castle Douglas (Kirkendbright- per cent. bonds at 95 on the London

Irving Trust Co., Banca Commer-shire), the Electricity Board will market, in order to raise from grown produce ap annual ciale Italians.

control the scheme, which will £6,000,000 to £8.000,000: annually crop suficient in quantity and SAN FRANCISCO Bank of Italy, include five power stations. The for land development and for the quality to

demand meet the Every description of Banking and Diver : Dee will be the complation of long distance rail of the "coarse count" required for Exchange Business Transacted. Cor- principal waterway to be- har-ways by contracts placed in Eng-the entire cotton Industry. It car respondents throughout the world.

land. nessed, but all the lochs, includ-

be treated, it is stated, by the exist L. BERNIS,

The new railways should be self-ing cotton machinery without a Manager. ing Loch Doon (famous as the

retreat of King Robert the supporting financially, and should penny being expended on new plant Bruce), and tributaries are to be also absorb the country's present and the yarn can be blended, as utilised. This will involve miles surplus labour and open new lande, cotton is, with artificial silk, silk of tunnelling and the construc- The policy includes the compulsory and wool, taking the most delicate acquisition of large areas of land dyes, and another important and the division of large estates for economy-absorbing less than a closer settlement.

Hong Kong, 3rd August, 1928.

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA. Incorporated by Royal Chater, 1863. HEAD OFFICE: LONDON, Paid-up Capital

.£3,000,000 Reserve Fund Reserve Liability of Proprie-

tors

tion of immense dams and re- servoirs, while a few lochs are to be raised in level.

- The electrical power generated £4,000,000 will be carried to industrial centres absorbing the present £3,000,000 smaller organisations.

Agencies and Branches:

ALOR STAB

(Malay Mlatan)

ARRITSAR

BANGKOK BATAVIA BOMBAY CALOUTTA CANTON DAWNPORE CEDU COLOMBO DELHI MIPHONO HAMBURG

JANKOW

HARBIN

(N. Mancheria?

HỒNG SONG

120120

IPOLI

KARACHI

HLAND

·KUALA KANGSAR

Parsk (FM.B.) KUALA LUMPUR

*UCKING

MADRAS MANILA MEDAN NEW YORK PEKING PENAND PESHAWAR BANGOON BAIGON BENARANG SEREMBAN BHANGHAI SINGAPORE BOURABAYA TAIPING

K.MR.:

TIENTSIN TOKYO

TONGKAH (Bhuket) TRINOTAU

TOKOHAMA

F

ZAMBOANDA

(Philippine Islanda) |

Foreign Exchange and General

Banking business transacted.

Current Accounts opened and Fixed Deposits received for 1 year or shart- er periods at rates which will be qubt ed on application.

A. H. FERGUSON,

Manager. Hong Kong, 3rd April, 1928,

bol THE BANK OF TAIWAN, LTD.

(TAIWAN GINKO).

Hotterdam)

Blogapore, Boerabais, Houskaria (Bola), Tegal, Tjifatjap and Waltevreden."

Thare of bara sala deposit batas to lol. London Banker-Hational Provincial Bank Ltd.

Correspondents all over the world

Banking baruana of every description Leandied.

0. STEENSTRA.

Hong Kong, 28k Auğurt, 1928.

Manager.

BANQUE DE L'INDO - CHINE.

HEAD OFFICE:

96, Boulevard Haussman, Paris:

Subscribed Capital Frs. 72,000,000,00 Pald-Up Capital.....Frs. 88,400,000,00 Reserve Funds ....Fr..102,000,000.00

BRANCHES:

Bangkok Hanoi Quinhon Battambang Hong Kong Saigon Cantho Mengtzo Shanghal Canton Nhai

Dinh

Singapore Dijbouti Noumea Tientsin

Tourane Poking • Vinh Pnom-Penh Yunnanfu

Pondicherry

· Fort-Bayard Papeste

Haiphong

Hankow

BANKERS:

|

HEAD OFFICE:--Talpeh, Formosa.

Incorporated by Special Imperial.

Charter, 1899.

Contral Bank in Formoca. Baik-Notes insuod

Average amount....Yen. 45,000,000

BRANCHES AND AGENCIES: JAPAN:-Tokyo, Yokohama, Kobe,

Osako. FORMOSA:—Giran, Kagi, Karenko,

Keelung, Makong, Nanto, Shin-| chiku, Taichu, Tainan, Takao, Tamaul, Toen, Helto, Taito. CHINA-Shanghai, Hankow, Amoy,

Foochow Swatow, Canton. OTHERS: Hong Kong, Singapore, Socrabaya, Semarang, Batavia,

Bombay, Calcutta, London, New York, Dairen.

LONDON BANKERS: The London County Westminster and Parr's Book,

The Bank has Correspondents in the Commercial | Conus in the European Continent, Honda, Han- |shuria, Talogiao, Japan, Indo-China, Siam,' India, Philippine Telande, Java, Adrion, U.3.A., Australia,

Intro Bowad on Durant Acomstle, and Pirad

IN FRANCE: Comptoir National H

d'Escompte de Paris; Credit Lyonnais; Deposits at rates which will be quoted an applica- Banque de Paris et des Pays-Bas; iloa. Deposits in Lan can be accopiad. Credit Industriel et Commercial;

Societe Generale,

J. HARA,

Manager.

IN LONDON: The National Provin-HONG KONG BRANCH:

Union Bank of England, Ltd.;

cial

Comptoir National d'Escompte dé Paris; Credit Lyonnais,

IN NEW YORK: J. P. Morgan & Co.; French American Banking Cor- poration; Guaranty Trust Co. of New York.

8. Des Voeux Road Central,

Hong Kong, 22nd September, 1928.

THE BANK OF CHINA:

行銀國中

(Specially Authorised by Presidential

Interest allowed on Current Ac-Mandate of the Republic of China,

counts and Fixed Deposits according

to arrangements.

on the 22nd of November, 1917)..

Every description of Banking and Authorised Capital

Exchange Business transacted.

Safe Deposit Boxes to let.

A. LECOT,

,$60,000,000.00 18,278,600.00

9,620,425.24}

Paid-up Capital Reserve Fund

Manager. Hong Kong, 28th Nov., 1028,

HEAD OFFICE: PERING.

>

HONG KONG BRANCH:

4. Queen's Road Central. Branches and Sub-branches all over

THE YOKOHAMA SPECIE BANK, China, and Correspondents in Europe,

LIMITED.

Established 1880.

Capital (fully paid-up) Yen 100,000,000 Reserve fund

America, and other parts of the world. London Bankers: The National Provincial and Union Bank of England, Ltd.

| The Guaranty Trust Company of Yen 102,500,000 New York.

Head Office:—YOKOHAMA,

Branches and Agencies it; Alexandria

Nawchwang

Batavia

Bombay

Buenos Ayres Calcutta

Canton

Changchun

Dairen (Dalny)

New York

Osaka

Peking

Kangoon

Rio Be Janáiro

Saigen

Fengtion (Mukden) Seattle

Hamburg

Hankow

Horbin

Hong Kong. Honolulu Kai Yuen Karachi

Kobe London

Los-Abgeles

Lyona Manila

Nagasaki

Nigoys.TM***

San Francisco

Semarang

Shanghai

Shimonoseki

Singapore Soerabaya

Sydney Tientsin

Tokyo Teingtan

Talnanfu

Vladivostok

(Temporarily

closed)

Interest /allowed on, 'Ourrent As counts.

Deposits received for fixed periods

New York Bankers:-The. Irving National Bank.

The Equitable Trust Company of Now York.

Interest allowed on Current Ac- counts and Fixed Deponits. Torms on application.

Every description of Banking Busl- ness transacted.

Loans granted on approved secur ities.

Special facilities for Hàme Ex- change.

SHOU CHEN,

Manager.

THE BANK OF CANTON, LTD.

Established 1912.

Head Office: Hong Kong.

Aufborland Oupljal (IX.H. Oumáncy) ...$13,000,000. Pall-Up Capli£64,300 Beserve" Fund

BBANOmeg

Canton dangkal, Hankow," Barnlaw. Bangkok, New York and lan Zakkoison,

LONDON BANKERB)=3

The Lloyd's flank Limited

CORRESPONDENTA S

fa ali prizalpel citim of the World, Jon Prealga" szobanguʻsadi funkdag' boslaams of

izanenolak,

Doll House (Curious size) as a guaris

at zaleg to be obtained on application is at from 8 to 0.

LOOK POONG SHAN,

H. MORI,

Manager.

Chief: Manager. Hong Long lịch September 1939.1 Hong Kong, 19th February, 197

QUEENSLAND SUGAR

BRIGHT PROSPECTS FOR

INDUSTRY... Brisbane, Sir Arthur Duckham has returned from his visit to the sugar districts of North Queens

BIG MERGER

AMERICAN INSURANCE

MOVE

to

third of the amount of dyes employ- ed in the present process,

Already weaving houses in the North and Midlands have tested the new product in all its spheres, and are satisfied that it has not only a soft and lasting sheen, but New York-It is announced that lustre which artificial silk pro- the Home Fire Insuranca Com-ducers for many years; have been pany has merged with the endeavouring to obtain.

Romantic Origin National Liberty Insurance Company

Each company can- This means of salvation for the of America. trols several companies, and the cotton trade has an origin probably combined total ageets are $175,000, more romantic than any in indus

At Windsor House, in Vic- 000 (235,000,000). This is regard-try,

where the English ed in financial circles as the largest torin-street, He stated that he was glad to see and most important merger in the Artificial Cotton Production and for himself that people of the Bri-history of insurance business-Marketing Corporation have their tish race were capable of settling "Exchange Telegraph."

land.

in the tropics. The children of North Queensland

finc spècimens physically, and their

were

general healthy appearance was sufficient evidence that , the white race could live in the tropics.

the great possibilities in the sugar He was profoundly impressed by industry, in the development of which the people of North Queens and had made great strides. He had seen evidence that they were endeavouring to adopt the

moat

economical means of handling their products, with better irrigation, modern mechanical harvesting, and the latest methods of milling.

offices. I was shown (writes a re- presentative of "The Observer"); a bird's neat which gave the clue to the discovery..

"Eight years ago," Mr. D. A. Walters, one of the directors of the Company, said, "we discovered in British Guiana a bird busily en- He was sure that the fullest cgaged in building this nest So operative effort of these engaged in much did the nest resemble cotton the industry would make possible that we kept a close watch, and reduction of the costs of produc-found that the bird was picking a tion, enabling them to compete in certain plant stripping it and treat- the open market.

A WEEK'S PAPERS

IN ONE

"OVERLAND CHINA MAIL' ILLUSTRATED.

CHINA NEWS, LOCAL NEWS

AND

ALL THE NEWS

..

SEND IT HOME!

Britain and France have extended official recognition to the National Government of China. The ceremonies and interchange of salutes at Nanking are fully reported in the "Overland China Mail," copies of which will be highly prized in other parts of the world.

The "Overland" is the only illustrated weekly budget of Hong Kong & China news, It is a welcome gift all the year round. It tells, how Christmas was spent in the Colony.

RESIDENTS BACK FROM LEAVE

Many residents have just returned to Hong Kong after holidays at Home and elsewhere. For the first few days one's conscience can be calmed by thoughts that time is needed to unpack and to get settled down again. Then that letter must go,

you;

What you have to say for yourself no one else can write for but if you want to case anxiety as to what is hap pening out here that is a task that the "Overland China Mail". will do for you as it has invariably done in the past.

How many times, were you stumped" when somebody asked you about conditions in China? Show that you are at least thoughtful by sending them a copy of the "Overland." That will tell them all they want to know.

READY NOW.

Mail via Suer closes at 9.30 a.m. pa Saturday.

SINGLE COPY).

25 Cents

[Bold on the streets and at the bookstalls or you can sand your

subseriplon to the oflow-H.E. $18 per annum, or $15, including postage abroad, - half-yearly, quarterly," or apocile periods pro rata.] 97

NG, SA, WYNDHAM STREET-PHONE CIL

THE OVERLAND CHINA MAIL”

ing it. We brought the seed and roots of the plant to Britain, and have grown it on soil that is of Hittle use for anything else, to al height of from five to seven feet.; It has been brought, indeed, to such a high state of perfection that not baly in the yield greater, but the plant itself is in striking con- trast with the original weed.'

"Our next course was to submit it to the mills, We went to all the best in Lancashire and Yorkshire, and they have undertaken to ac- cept the whole output. The supply by next July will be aufficient to keep several mills going for twelve months; and every year the supply will increase. It will enable Lan cashire to proceed at once to re- capture markets, the loss of which has caused so much depression." By-Products

•

It has been possible, it was ex- plained, to fix a price as low as sixpence a pound for the cotton, because there are many, by-pro- ducts, such as parchment, light building material, and even a drug, that can be obtained from the stems, leavea, and roots of the plant. Between eight hundred and nine hundred pounds of cotton an acre are produced and for seven years no further cultivation is necessary.

"It is essential," Mr. Walters added, "that the financial position of the new profect should be under- stood. The English Artificial Cot ton Production and Marketing Cor- poration, Ltd., is a private company with a nominal capital of £100, the chairman being Mr. C. J. Hedley Thornton, a private analytical and research chemist, who was respon- sible for the discovery of the plant and the subsequent perfection of the process and treatment.

The Corporation enjoys the support of several inancial houses in Bri tain and abroad, and is there- fore in no need of capital of any description."

A breakdown recently at Kont House Station on the electric section of the Southern Railway caused single line working between that Btation and Beckenham Junction for some time.

YESTERDAY'S SOLUTION, MURK PRISM PROP ONDA SO A CH NI NODAL HOU HORDE DEM HADES

P DAW DAM SPHERES SAG AUET U NU A INTERMEDIA LEER O€ 7 YAŞ BUNMECS

TIS C SUT PEARS NEM- CONGH UN E CADET

US URATE CO KITS STYLE HOG

THURSDAY, DECEMBER 27,

THE

HONGKONG

PENINSULA HOTEL:

HONGKONG HOTEL: REPULSE BAY HOTEL:

-PEAK-HOTEL--"

AND

SHANGHAI

ASTOR HOUSE: PALACE HOTEL: MAJESTIC HOTEL.

HOTELS,

LIMITED

In association with the Grand Hotel des Wagons Lits, "Paking."

KING EDWARD HOTEL.

Most Modern and Central Hotel in the Colony, all Bed Rooms, newly renovated and installed with Box Spring. Beds, Hot and Cold Water, also Telephons. Hotel Launch meets all steamers.

TEA DANCES:

Monday, Wednesday and Friday, 5 to 7 p.m. Tel. Add: "Victoria." Telephone No. C. 378.

J. H. WITCHELL,

Manager.

Courtesy, Comfort, Service and Luxuries of Modern Hotel Constraction

THE HOTEL RIVIERA

MACAU,

Cable Address :—" RIVIERA,, MACAU.”

THE IDEAL SEWING MACHINE FOR THE

HOME

HAID & NEU

ALL NICKEL-PLATED Easy, noiseless running. Sewing forwards & backwards. Easy and extensive regula- tion of the tensions. All Spare parts in Stock. For further particulars apply to BITZER & Co.

Queen's Building,

Ice House Street, 2nd floor, Tel. C. 4655. Sole Importers for Hong Kong &. South China.

DAILY CROSS-WORD PUZZLE.

(This orase-word puzzle has been made by an expert but our readers are warned to look out for occasional phonetic spellings, such as harbor, plow, and altho.)

12 13 14 15

110

12

15 16 17

"

7. 8

19

18

19

:

22

[2.3

124 M

25

126

28

130.

32

$5

136

37

38

43

142

45

48 149

151

52 53

HORIZONTAL 1-A poplar tree.. 6-Plunder.

10 Prefix meaning

"detent" 11-Doublé

18-Musical-composition

(pl.), * 15-Ordain 18-Changed

21-N0010

22-Demon 24 Traversad on

horseback

28-8innad

27-Dowry 28-Parties for man 25-Ordain and wants G-Variety of apple 32-Bench F

· 83-Cause to asslifate B4-A sh

$8-Chattered 42-Interweave 43-Pootia. form of

43-To osis the and af:

#rape through'ìæ, ho's (naut-):

56

158

THE INTERNATIONAL INNDICATE

40-47

HORIZONTAL (Cont.) | VERTICAL (Cont)

47-Shrub producing

dyestuff |40-First name of

Ericsson, reputed

·discoverer of America [50-Outline

32-Evado fRİP

¡ · : questions

64-Things American,

collectively 81-Girl's name, 86~The branches of Josening th academio couran |87–Rusnjari. mila Ang |58–Paazánta ft. Ereclai

VERTICAL/ -2-One who benda

3-Fairy 4-Aalmal with

· twisted` horns B-Enansred 6-Narrow

!!

7-Fabrio of diagonal

DOLL WOLVOM SA

·B-Disturbance of

public: pance"

9-Introduces into. 12-Formed Into

bundles 14-Latin 'for. "that fa”. 10-Minute opening 17-Fine Parthenware" [15-0taple most of Oid

England 20-Cutting part of Instrument |28-Pledge wi |26-Magazine for

military stores 26-8woot compound 80-Even fcontr.) 81-Fragment {84-Aromatto,

50-In addition to: 88-Error S 137-Vigor

39 Irish elty 40-Noxious 41-Postpona:; 43-mail tower 44-East Indian-salfor 47-Hard fat. (pt.) |44-Cautique

BThe Tentmakar. 63-Prepcsition

(The solution of the above orosa-word puzzia will sear in to-mor wo's issus clong with a new cross-word