1929-04-29 — Page 2

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2

HONG KONG AND SHANGHAI

BANKING CORPORATION.

Authorized Capital

Innd med Fully Paid-up

Barve, Funda :-

Starling £,000,000

G14,000,000

$50,000,000 08,000

Barva Lability of Propelston $10,000,000

HEAD OFFICE: HONGKONG,

DOKRT OF DIRECTORS :---

N. S. Brown, Esq., Chairman.

W. H. Dall, Eng. Deputy ChairVAND.

5. D. . Belth, Esq.

A. E. Compton, Esq.

'M. T. Johnson, Eng.

B. Lauder Lia. Eng.

АНОТ

BANGKOK

BATAVIA

BOMBAY

CALCUTTA

CANTON

CHEFOO

CULOMBO

JERES

HASPHORO

HAM BUDO

BANKOW

REIN

HONGBEA

JOZLA

Pou

JOBOL

KOBE

KOWLOON

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:

7, Rue St. Lazare, Paris. Capital fully paid up ..Fra.50,000,000

W. T. Partendon, Zag. Special working capital .Fra.50,000,000

T. E. Poarce, kq.

7. A. Plummer, Bag- J. P. Warren, Kan. Ghat Manager,

Hon. Mr. A. 3. Hynes.

BBANCIES:--

KUALA LUMPCE

LONDON LYONS MALACCA NANIZA

MOUKDEN

NAGASAKI

NEW YORK

PEKING

PENANG

RANGOON

SALOON

SAN FRANCISCO

SILANGUAL

SINGAPORE

SUURABAYA

BUNGEI PATANI TIENTSIN

TOKYO

TSINGTAO YOKOHAMA

Current Locosas apred in Local Currency dized Depositored fur was your de ekoriar periods in uncal Currency and Staling w which will be quoted on application. Hong Kong, Xith April, Luce.

HONG KONG SAVINGS BANK,

The Business of the above Bank is conduct- 4d by the HONGKONG AND SHANGHAI BANKING CORPORATION. Buss may be abid on application.

FOR THE HONGKONG BANKING CORPORATION.

*GUANGHAI

A. C. HYNES,

Chil Manger.

Eng Ken. 18th Septemon:, 1927.

گھر

NEDERLANDSCHE HANDEL MAATSCHAPPIJ.

ISEIBERLANDS TBADING SOCIETY)

BANKERS

Established 1821.

-Hong Kong :—11 Quoen's Bond Cu Anthuriaed Capital Quilders, 180,000,000-

...

Paid-up Capital ....................

Bovers Pund-

Reserves

.Frs.42,810.000

BRANCHES:

THE

CHINA MAIL,

COTTON MARKET

HUTTON'S MANCHESTER

REPORT

COMMERCE

state of affairs is likely to last, the

CHINA "FALLS OFF"

The Manchester weekly report, Paris, Lyons, Marseilles, Saigon, dated March 27, from Messrs. J. F. Haiphong Hanoi Tourane, Quinhon, Hutton & Co. Ltd., states - Hue. Thanh hoa, Vinh, Pnom Penh. The steady decline in values which Peking, Shanghai, Tientaln, Hong set in last week has continued, and Kong,

though from time to time slight checks BANKERS:

have been experienced, the tendency re- FRANCE:- Sociate Generale, Banqua mains for cheaper cotton. Although it

Nationale de Credit. Banque de

long this is impossible to say how Paris et des Pays Bas LONDON: Midland Bank, Ltd

fact that the better weather reports YORK:-American NEW

Exchange

been from the United States have mainly responsible, loads one to suspect. that sudden rains would have a big effect on the trend of values at the present time.

New York has also been influenced by unauthorised reports on the prob able acreage of the next crop, but at the beginning of the week news of rain in the Eastern bell had the effect of steadying values.

ciale Italiana.

Irving Trust Co., Banca Commer- SAN FRANCISCO:-Bank of Italy.

Every description of Banking and Cor- Exchange Business Transacted. respondents throughout the world.

L. BERNIS,

Manager Hong Kong, 3rd August, 1925.

AND

FINANCE.

co

DOCKSIN SCHOOL.

SUCCESSFUL TERM CLOSED

►

MONDAY, APRIL 29, 1929.

place has been filled by Mr. Ng have 'got nine demerits are liable to Yick-nam, an undergraduate of the expulsion.

There are nominally nine classes, a commercial class.

Southern College, Shanghai, Being Discipline is said to be "The Life noted for his absolute strictness in Blood of Schools." Without, dis- discipline and order, he was apciplina it is impossible to form pointed superintendent in Decem- character, and the formation of PRIZE DISTRIBUTION,

A ber. Our class V. form-master, Mr. eharacter la vital in education. Andrew Liu, gave up teaching to-school is not merely a place in "Labor Omnia Vincit” is the

wards the end of year to devote which to impart knowledge, but is motto of the Docksin English himself to further study in the also a seat for the moulding of School, and that they had lived up the rate

of 80 per cent per annum,

Good habits are easier to hai. Mr. Howard Lee, Bachelor of mind, payable on April 1, to stockholders on to it was evident on Saturday "Universite l'Aurore, at Shang-character and the cultivation of the evening when the distribution of Pedagogy, Valparaiso University, foster when boys are young. record on March 15.

Inlifax Building Society prizes took place, thus marking the joined our staff in December in Therefore parents should send their Report for year ended January 31, close of another successful school 1920, states the society has experienced term.

place of Mr. T. C. Cheah, who left boys to school at an age when they are pliable and capable of being us for better prospects. a year of remarkable progress and

The ceremony, which was per- Large increases in the

moulded. Moral training can be. prosperity.

Studies total assets, the inverted funds and formed by Mr. W. B. Finnigan, Re-

better

Christian acquired in Schools, as due attention is paid to number of open accoun 3, are revealed gistrar of the Hong Kong Univer. in the accounts, and the result of the

is Owing to the raising of the stan- Biblical or Religious Knowledge, operations for the year has still fur-sity, took place in the open, in the including

dard in the University Examina- which is a very important subject. ther strengthened the society's premier grounds of the school which

the Amongst living creatures man alone! opposition as the largest building situated at No. 49, Bonham-road. society in the world. The total number

Immortal soul. He There was a large gathering of tions of 1929, coupled with of shareholders' and depositors' ac- the parents of the students and small number of students who are has got an counts open at the end of the year friends of the school.

An excel- really qualified to be admitted into should know how to discern be- Prizes and was 361,967, being an increase 82.743 accounts, and the total income of lent prograrame of entertainment class one, we have dropped it out tween good and evil.

From an educational certificates are easy things to gain, the society reached £31,549,869, a re- was presented from a stage erected this year.

"What doth it salt which is highly satisfactory, hav- at one end of the compound, and standpoint it is advisable that but the conquering of oneself is ing regard to the continued depression all present spent an enjoyable school authorities refuse admission most difficult.

to Class I to any student who does profit a man if he gain the whole and unemployment in many trades and industries. The shares and deposit evening.

The proceedings opened with an not hold a Junior certificate. I am world and suffer the loss of his own funds now amount to £52,465,801, an increase of £6,945,520. During the overture by the St. Louis Brass sorry to say that this principle is soul?" says Our Lord Jesus Christ. It is a pity to sec some of our fine year the total assets of the society in- Band, after which the Chairman, very often disregarded. creased by £7,173,528, and now amount Mr. Ko Kan-wing, B.A., addressed to £54,155,040. Advances upon now mortgages were granted to the amount the gathering. He introduced Mr. of £10,214,528, mainly to assist borrow- Finnigan and extended a hearty ers to buy or Build homes for their per- welcome to him as well as to all sonal occupation. The total mumber of the other guests;

School Report 9,329 more than the previous year, and

fr. Dixon Chau, the head the total amount owing upon mortgages is £40,570,655. Of the total mortgages, ter, then read the School report sery for passing our commercial wherever man tries to live without

that it is particularly noteworthy 60,623, or 31 per cent, are for less than $500 each. After providing for all in- terest and bonus due to investing mem- bers and depositors, and discharging the year's expenses and income tax, there remains surplus profit of £474,375.

THE CHARTERED BANK OF turnover has only ocen small as over borrowing members is now 106,396, or

INDIA, AUSTRALIA & CHINA.

While, on the whole there has been a fair amount of enquiry received, the seas bayers have shown caution on ac count of declining values,

India and China There has been little demand from India, and China too has fallen off dur £3,000,000 ing the week.

a fev Apart from £4,000,000 offers for dhooties from Calcutta, Bom- bay has been the only Indian outlet to £3,000,000 show any interest in prices. The latter

Incorporated by.. Royal Chater, 1853. HEAD OFFICE: LONDON. Paid-up Capital Reserve Fund Reserve Liability of Propric-

tors

Agencies and Branches:

ALOR STAR

(Malay that AMRITUAK

BANGKOK

DATAVIA BOMBAY DALGUITA CANTON

CAWNPORE

CREC

COLOMBO

DAIREY (Day

Bouth Maris) DELHI

HAIPHONG HAYBERG

HANKOW

(N. Banebunie)

HAGBIN

EDNO KONG

ILOILO

trou

KARACHI

KLANG

KOLE

KUALA KANGSAR

KUALA LUMPOR

SUCHINUT

MADRAS MANILA NEDAN NEW YORK FERING PENANG PESHAWAR BANGOON SA1003 SEMARANG SFREEBAN BHANGFILI SINGAPORE SQURABAYA

TAIFIKO

(V.M S.)

TAVOT

TIENTSIN TOKYO

TONGKAH (Bhuket) TEINGTAO

YOKOHAMA

ZAMBOANGA

has taken several lots of mulls in addi tion to a few lines of prints and fancies. Reports state that stocks in Egypt are low, but although several offers for replacements have been re ceived, for the most part, they have been tog far out far consideration and little business has been placed either for this market or the Near East Several lots of prints, which have been under negotiation for West Africa, are reported to have been booked, whils South America has taken some bleach- ed and dyed fabrics.

Signs From the Colonies There have been signs that the Colonies are taking more interest in prices, and the Home trade demand has proved rather more encouraging.

In the yarn section things have again been (Philippine Islanda)

quiet. Buyers of Americar yarns have and General been making safe bids and little head- Foreign Exchange Guilder 80,000,000.

way has been made, the turnover 120,660,075.1 Banking business transacted.

Current Accounts opened and Fixed naturally being small. On the Egyp Caldara 000,000- (42,810,260.)

Deposits received for 1 year or short-tian side business has only been on a er periods at rates which will be quot restricted sale, and spinners have had

a quiet week. ed on application,

(£1,500,000.

Head Office:-(AMSTERDAM'I. Eastern Head Office:-HATAVIA. BRANDS-adjerman Bandong" Barbay,

leuit, Chicboo, Jeddah. Djember, Djokickata) The Hagya' Kab Kota Radja, Makassar, Medan, Padang Falembang Pekalongan Pontianak Hangoon, Bostanda

Hamarang), Samughai, Bibolg

Peak (F.M.9.)

A. H. FERGUSON,

Maneger.

Hong Kong, 8th January, 1929.

21

"CHEMOR'S "

GENERAL MEETING: REDUCED PROFITS

The annual general meeting of the Chemor United Rubber Co., Ltd., was held at the offices of the company, 10 Canton-road, Shanghai. Mr. C. F Shackleton prasided and was supported by Messrs. A. W. Burkill and H. Kadowrie, directors Mr. C. J. L. Stewart represented the secretaries, Messrs.

J. A. Wattie & Co., Ltd. There were 60,260 shares represented,

The chairman said:-

The report and accounts having been prescribed in your hands for the period, I will, with your permission, follow the usual procedure, and take them as read.

Tia

As you will see from the accounts

the the profit for

was year 22,014.03

Tis. to compared 86,101.82 the previous year. Included

££

Seuratare (Solo) Pepal, ustiap THE BANK OF TAIWAN, LTD. COMPANY MEETINGS in the profit is the sum of S. $13,079.21,

(Amatra)

and Wellerraden.)

** These cffione hava the deposit bozan to in

Loudon Bankers :-National Provincial Bank Ľad.

Correspondenta all over the world

Banking business of aveŻy

description beamnotað.

U STEENSTRA,

Krog Soma, 99th August, 1928.

#

Manager.

BANQUE DE L'INDO-CHINE.

HEAD OFFICE:

96, Boulevard Haussman, Paris. Subscribed CapitalFra. 72,000,000.00 Paid-Up Capital ....Frs. 68,400,000.00 Reserve Funds ..Frs.102,000,000.00

BRANCHES: Hanoi

Bangkok

Quinhen Battambang Hong Kong Saigon

Cantho

Canton

Dijbouti

Mengtze

Shanghai

Nam-Đinh Singapore Noumea Tientsin

Fort Bayard Papeete Tourane

Kaiphong Peking Vinh

Hankow Pnom-Penh Yunnanfu

Pondicherry

BANKERS:

(TAIWAN GINKO)

HEAD OFFICE:-Taipeh, Formosa. Incorporated by Special Imperial Charter, 1899.

a

Year.

UNITED STEAMSHIP

message D

from

the

According to Copenhagen, the United Steamship Co in its annual report for 1928, recorda

surplus of 10,841,000kr. on year's working. The directors propose Central Bank in Formosa.

to write off 3.603,000kr, and to pay a Bank Notes issued

dividend of 6 per cent.-the same as Average amount....Yen. 45,000,000 for 1927. The amount which it is pro- posed to be carried forward is BRANCHES AND AGENCIES:

109,899kr. as against 31,000kr. last Yokohama, Kobe, JAPAN:-Tokyo,

Osaka.

Scottish Equitable Life FORMOSA:-Giran, Kagi, Karenko,

The Scottish Equitable Life Assur- Keelung, Makong, Nanto, Shin

Tainan, chiku, Taicha,

Takno,

ending business for the year Tamsul, Toen, Beito, Taito.

March 1, of £1,646,287, or after de- CHINA:-Shanghai, Hankow, Amoy,|

Foochaw, Swatow, Canton.

ducting reassurances, of £1,477,542 net.

ures show These figures a substantial in OTHERS-Hong

Singapore, Kong, Soerabaya, Semarang, Batavia, crease upon those of the previous year. directors have appointed Mr. Bombay, Calcutta, London, New The

Kenneth K. Weatherhead to be joint York, Dairen.

LONDON BANKERS: assistant actuary to the society, along The London County Westminster and with Mr. B. B. Maxwell, the present

Parr's Bank.

assistant actuary.

The Bank hat Corenspundenta in the Commercial churis, Jatugta Tapa, Indo-China, la, India,

alti

Credit Industriel et Commercial; Lob. Deposita in en san be accepted. Societe Generale.

IN LONDON: The National Provin

vial & Union Bank of England, Ltd.; HONG KONG BRANCH: Comptoir

National d'Escompte

Paria; Credit Lyonnais.

K. NAGURA,

Manager.

8, Des Voeux Road Central.

de

Hong Kong, 19th January, 1929.

THE BANK OF CHINA.

行銀國中

Mandate of the Republic of China

on the 22nd of November, 1917).

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

or

say Tls. 16,789, the amount by which the proceeds of the 1927 stock of rubber exceeded the valuation at- tached to it in, last year's accounts. The productied for

the year

Was 27,484 lbs.. less than for 1927, but this is not a matter for anxiety as it was solely on account of a reduction in the tapping area in order to comply with the restriction ordinance which was in force until November 1, last. net price realised for Sales was 8.07d. per lb. as compared with 1/5.4d. in the previous year and in view of this the results for the year can be consider- ed highly satisfactory.

The

as follows:-

class examination are:

and

IR

In our purely commercial class young men, who have just gradu- the subjects are very well chosen.ata from school or university, and We aim at preparing a student to who are, perhaps, fortunate enough enter the business line with a fair to hold important posts in the gov knowledge of commercial subjects, ernment of their own country, live both theoretical and practical. The without knowing that there is a true consequence of this. mas-subjects which we make compul- God.

English, God, there is bound to be corrup- It is with very great pleasure Arithmetic, Commercial Knowledge, tion and demoralization both in Book-social and official life. This is not that I, on behalf of the staff and Touch-Typewriting,

General Information, less true of China than of other students, extend to you a cordial keeping.

countries. Hence, the aim of a Translation and Mandarin are also

school should be to train its pupils taught in this class.

The time-table is divided into two to be loyal, faithful and obedient to periods: the morning session from authority and so to make them good 94 to 12% being devoted to citzens. Now there is one import- ant point that I should like to im- theoretical commercial subjects, and the afternoon session, press upon parents and guardians, and it is this: that they should do 4, being Bet aside for practical work in Touch-their best to keep strict watch on Typewriting. Students who have their sona' or wards' conduct out- gone through a course of three side school hours as well as not to allow them to stay away from months in this subject, and who can school without sufficient reason. type accurately at a speed of over

WHEN YOU ARE ON LEAVE keep in Touch with Hong Kong and China affairs by subscribing to the OVERLAND CHINA MAIL ILLUSTRATED

JUST REORGANISED.

3 Months $ 3.75

6 Months $ 7.50

12 Months $15.00 including Postage. Newspaper Enterprise Ltd. China Mail Offices, 3A, Wyndham Street.

welcome to our

distribution

of

from 2

to

I

30 words per minute, are awarded sincerely hope that they, too, will give their whole-hearted co-opera- certificates. Our Typewriting room

discipline.

is well furnished and is equippedtion in helping us to maintain strict with over ten up-to-date typewriters

In conclusion. I beg to tender my (mostly "Underwoods") together,

sincerest thanks to Mr. W. B. Fin- with other necesary apparatus.

nigan, for being so kind as to dis- Mandarin, our national language, tribute the prizes; to our promoters,

is taught in the upper classes. As

a rule Chinese boys find it very difwho have so generously consented to recommend the school to the ficult to speak English, well, simply because English is not their mother-public; to the Erase Band of the St. tongue. Only within school hours Louis' Industrial School; to those friends who have contributed the have they the opportunity of read items in our programme to day; as ing and speaking English, the rest

sence.

of their time being spent entirely well as to the parents of the pupils with people who speak only their and the friends of the school who native tongue. Now in order to have honoured us with their pre- remedy this defect, we pay much attention and devote much time to the teaching of Reading, Colloquial English, and Elocution in the lower

I wish you to join me in congra- classes, and Grammar and Compotulating the Principal and staff of sition in the upper classes. To supplement the boys' studies, we

School Congratulated After presenting the prizes Mr. Finnigan said:-

Docksin English School on the good

have established a school library work done by the school during the on a small scale, which contains past year..

Among other interesting items of many useful books, periodicals,

ance Society intimate the completion of area was only Tls. 2,439.46, whilst on here shows your appreciation and/magazines, both English and Chin-information about the work and as

new

Bankers Trust Company

The expenditure on the immature prizes this evening. Your presence! New Buildings a sum of Tis. 1,976.01

а

and soveral vernacular besides the English

pirations of the School, Mr. Dixon Chau has told us what the school is attempting and doing in the way

papers, vas spent. During the year 6 acres your sympathetic interest in theese, were planted up with Rubber on Cham-work of the school, which is, as et,

S.C.M.P.

of character building by the cul- Examinations her Estate, thus making the total in its early childhood, having been

tivation of good habits and the re- planted ares 1,393 acres of which 1,326 founded in September, 1923, Our annual school examination acres are producing.

usually takes place as soon as the cognition of the value of rules of Both Estates are reported to be in little over five years ago. excellent condition and the manage- We should have held this meeting University examinations have end-discipline. There are a great many people who seem to think that dis- ment has remained unchanged. Our at an earlier date, but, owing to ed. The results of last year were, thanks are due to the two Managers, the change of the school premises, en the whole, satisfactory, especial cipline is an exercise to be prac Agents for showing such a good remuch time was needed to arrange in Classes 8 and 5, which scortised in the class room only, and

the technical adviser and to the Straits

is No. 49 Bonham-road, only last

and honest, obedient and courteous,

But the

Centres in the Europain Cortirans, Bussia, MTrust Company, New York, have re- The prospects for 1929 are very much over possession of this building taught. Two boys were successfijschool teachers to train students to The board of directors of Bankers gult for such an unsatisfactory year. and set things right. We tooked very high marks in the subjects that it is entirely the business of

as the estimated erop IN FRANCE: Comptoir National lippine Trlands, Java, iris, 5.8.A., Austrade commenced te the stockholders that the brighter"

course; nineteen boys have gradu- d'Escompte de Paris; Credit Lyonnais; Interest slowed on Current Accountą, mad Fjand Par value of the stock of the company 505.000 lbs., whilst costs will show 1 February. We are paying a higher in our First Year's Commercial/be punctual and diligent, truthful

be reduced to $10 a share, ten shares considerable reduction. might men. Rangre de Paris et des Pays-Bas; Deposita a rates which will be quoted of app new stock to be exchanged, for eacbien that a penny rise in the price of rent for this house than we paidated in our Type-writing Clues and to exercise patience and res-

A special rehber share now outstanding.

represents a profit of др for the one we occupied in Caine-The top boys, who have done credit-traint, courage and unselfishness, meeting of the stockholders has been proximately 4 candareens per share. road last year, as it is the biggest able work in the various classes, and other goodly virtues. called for April 4 to net on the recom-

Turning again to the accounts, the and most spacious we have so far are awarded prizes. In the Uni-efforts of teachers will be of little mendation. The board have also de-

profit and loss balance to the credit clared a regular quarterly dividend at account is Tls. 61,127.32 which includes rented. In front, there is a small versity Examination, Master Leung avail unless they are supplemented

sum brought forward of Tis. garden-like playground, with

Tin Sun passed splendidly, obtain and reinforced by good home train- 29,11239. Last year it will be re- fountain in the centre. To the ex-ing two distinctions, one in Arithing by the Jaspiration of good ex. membered, your Directors had decided treme west of the building, at metic and another in Mathematics ample in the home circle. I would THE BANK OF EAST ASIA, LTD. to recommend a final dividend of 8 one end of the playground, there He was unfortunate in not winning therefore appeal to parents and

Candareens per share, but after the accounts were out, but before the an-stands a amall pavilion. The build-a third distinction in English, being guardians to co-operate wholeheart edly with school authorities in this HEAD OFFICE: HONG KONG. 70, Des Voeux Road Central,

nual meeting, the British Government ing itself is a two-storeyed one, deficient by only 1.67 marks.

important matter and to do their Hong Kong.

zxnounced its decision to terminate the with four large rooms on the north

Health and Sports side, $10,000,000 Restriction Ordinance. In view of the ern

utmost to see that the work of the bounded by a long

Due to the lack of a playground teacher is not neutralised by in- $60,000,000.00 Authorised Capital

3.000.000 startling effect this had on 18,278,600.00 Paid-Up Capital

exercises, physical difference and slackness in the stu- 1,500,000 rubber market, it was considered in and wide veranda; and eight small- 9,029,425.24 Reserve

much. neglected dent's home life. advisable to deplete resources to that er rooms on the southern side, fac- BRANCHES AND AGENCIES:-

exfent, and an amendment was pro- ing the Hong Kong University, training has been

Ching's Need Batavia

Melbourne San Francisco pored and passed reducing the distri. The house was once occupied as a To make up for this want, indoor Bombay

-Nagasaki Seattle

bation to 3 Candareens per share. In residence by some rich Chinese, amusements, such as Ping Pong New York Semarang view of this and also of the much im It is the property

Tournaments, Chess Competitions, of Mr. Kwak Osaka Singapore Paris Sourabaya Peking

Sydney Penang Taipeh Rangoon Tientsin

Interest allowed on Current Ac-Specially Authorised by Presidential

scounts and Fixed Deposits according

to arrangements.

Every description of Banking and Exchange Business transacted.

Safe Deposit Boxes to let.

--A. LECOT,

Manager.

Hong Kong, 28th Nev., 1928.

LIMITED.

Established 1880,

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

Yen 105,500,000

Authorised Capital

Paid-up Capital Reserve Fund

HEAD OFFICE: PEKING.

HONG KONG BRANCH:

4, Queen's Road Central

Saigon Tokyo

Manila Shanghai

of the world.

the

proved outinok for the industry.. Your

suitable for

China is in urgent need of young men and women of strong character,

Board now recommend a dividend for Chun-yeung, a wealthy merchant in Newspaper reading, etc. are whole-high ideals, and good will and it is

heartedly encouraged. Football and the year 1928, of 8 Candareens per the Colony.

were often As we have so many rooms, at other outdoor games

share. If this is approved, the Com pany will start the new account with

up to you to help to supply your country's needs.

In Mr. Dixon Chau the school has

Calcutta Canton Branches and Sub-branches all over Haiphong THE YOKOHAMA SPECIE BANK, China and Correspondents in Europe. Tonolala

America, and other parts of the world. Robe

National Kowloon London Bankers: The Provincial and Union Bank of England, London

a surplus or Liquid Assets in the books our disposal, we bave been able to played. During the summer months Ltd

The Guaranty Trust Company of

Correspondents ir all principal cities amounting to Tis, 60,546.82, so that the arrange, in addition to our class swimming parties were organ not only a capable Principal but also financial position ie very satisfactory, roonis, a reading-room and a com- ised. Early in July last we went, New York.

New York Bankers: The Irving

Every description of Banking and This surplus is actually considerable mon room for the teachers. The by steam launch, for a trip counda tactician of no mean order. See National Bank,

Exchange business transacted. Loans more au the market value of Invest-equipment and sanitary arrange the Island. About 100 boys took what he has done. He has taken The Equitable Trust Company of granted on approved securities.

ments is some Tls. 4,500 above the book

and brought it and set it down at New York.

und the sea-bathing; which SAFE DEPOSIT BOXES to let

value, whilst the unsold stock has ments have been greatly improved. Part and enjoyed the day's outing, up his school from its old location

Attendance been valued at much less than the KAN TONG PO,

prices which it is expected to realise, During the year 1928, the maxi- part of the programme, immensely, the very doors of the University, to Chief Manager,

That is all I have to say, but before mum enrolment was 198 as against Some were not quite so fortunate, show his students what's noble goal Hong Kong, 21st March, 1927. formally proposing the adoption of the 164 in the previous year.

The for unaccustomed to breasting the Tai Hok Tong is. Then he has accounts and report, I shall be pleased to answer any questions to the best of number of meetings was 230, and waves in a tossing launeb, they suf-lured the Registrar out into the the average daily attendance was fered, as only too many, even har open, presumably, to let his boys see my ability.

152, about 87%. The percentage dened sailors, suffer, from sea-sick how perfectly harmless that official 1 That the directors' report and state of attendance, was considerably reas. None the less the day's but is. And I have private information to the effect that he is busy laying ment of accounts for the year ended lowered by the usual departure of ing was an unqualified success.

Good health has been maintained his plans to lead a storming party. December 31, 1928, as presented, be

Head Office: YOKOHAMA,

Branches and Ageneles at: Alexandria

Batovia

4

Bombay Buenos Ayres

Calentia

Canton

Changchun

Dairen (Dalny)

Newchwang New York

Osaka

Peking Rangoon

Rio de Janeiro Saigon

San Franciscu

Fengtien (Mukden) Seattle

Hamburg

Handcow

Harbin

Hong Kong. Honolula

Kai Yuen

Karachi

Kobe

Los Angeles

Semarang Shanghai Shimonoseki. Singapore Soerabaya Sydney Tientsin

Tokyo Tainanta

Tsingtan Vladivostok.

1

London

Lyons Marila

(Temporarily Negaraki

closed) Nagoya

Interest allowed on Current Ao- extrata

Deposits received for fixed periodų at rates to be obtained on application.

H. HORL

Manager. Hong Kong, 11th March, 1929.

Interest allowed on Current Ac- counts and Fixed Deposits. Tormis on [application.

Every description of Banking Busi- ness transacted

Loans granted on approved secur- ities.

Special facilitica for Home Ex change-

ASHOU J. CHEN,

Manager,

THE BANK OF CANTON, LTD.

Established 1912. Head Office:-Hong Kong-

Authorfand Capital (H.5. Cizrony) $21,000,00 Fald Up Capital or 8,066,305 Reserve Fund

ВЛАКОНЕНветс

Canton, Ehangkal, Hankow, Bunion, Bangkok, New York and Bad, Prancisco.

LONDON BANKERS (

The Kiloyd's Bask. Firalted. CORKELSPONDENTS

In all petná pel coẩm of the World.

HONG KONG HEIGHTS|

For the information of visitors the following list of some of the highest points on the Island and Mainland is published:

Resolutions

adopted and passed, and that a dividend a certain number of travelling stu-

was

of 8 Candargens per share be paid.dents, who, I believe, were disap-amongst the scholars throughout against the Matriculation gate of Proposed by Mr. C. F. Shackleton and pointed by their failure in the the year. Towards the end of the the University in November. I seconded by Mr. A. W. Burköll. school examinations in July and year, when small-pox assumed geri- wish him luck and shall be the first That the directors be authorized to November. They forsook their old ous proportions, we had the major to welcome boys from this school as at the University. donate the sum of Ts. 260.00 towards school in the hopes of securing anity of the boys vaccinated by Mas students the supply of comforts for the foreign

troops bow in Shanghai. Proposed by entry into a higher class-forter Chung Yuk Muf, a member of (Applause). Mr. G. F. Shackleton and seconded by which they were not qualified in the King's College Division of the Honest Triers

That Messrs. F. W. Sutterle and

Island Victoria Peak.. Signal Station

Feet:

1823

1774

Mt. Parker PA

1794

1550,000

Mountain Lodge.

1725

The Eyrie

1725

Mr. H. Kadcorio,

Peak Hotel

1805

C. F. Shackleton be re-elected Direc

some other school. dometer Staff

Taikoo Sanatorium

$1000

tors of the Company. Proposed by Mr.

We are maintaining a staff of

St. John Ambulance Brigade. Discipline and Morals We pay attention to moral train-

Mt. Davis

BTT

Boven Road (filterbeds)

297

Mainland

Feet.

Taimoshan Kowloon Peak

$124

1971

-Foreign ezabongo. And bankius, besinoux et every decriptios, transacted, NAMENE AR

Bada Deposit Boss (variats, find) að s

LOOK POONG SHAN

20 Chief Mansrer, Hong Kong, 19th February, 1977.

On occasions like this is the prize winners who come into the limelight and, while congratulating

H. J. Clark and seconded by Mr. C. J. Leight teachers of English and two ing as well as to intellectual train them on their success, I would Like Stewart se vernacular masters. Of these, ing. Smoking is now absolutely to offer a word of encouragement That Mesars. Lowe Bingham and three are part-time. In November prohibited within the school pre to those who have not won prizes. Matthews be re-elected auditors to the

(Continued on Page 3.) company. Proposed by Mr. A. J. Welch last, Mr. Lam Man-ching, our Man-cincts. Boys who behave badly are

and seconded by Mr. Feng Kwok-tang darin teacher, resigned and his severely dealt with, and those who

F