1932-02-22 — Page 2

THE

CHINA MAIL.

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION.

..$50.000.000

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

THE HO HONG BANK, LTD.

(Established 1917.)

HEAD OFFICE:-SINGAPORK. Hong Kong Branch: 13, Queen's Rd. C.)

Anthorised Capital Stzaits $20,000,000 Issued Capital Paid-up Capital

Incorporated by Royal Charter, 1858. Reserve

Authorised Ospital Lood and Fully Paid-up Barry Funds :-

-------- $3,000,306

£ 5,600,000

ver

$10,000,000

Roesere Liability of Proprietare $10,000,000

READ OFFICE: HONG SONG.

BOARD OF DIRECTONS

Hon. Mr. C. 8. 9. Maskin, Chairuan.

on. Mr. J, J. Palermo,

Deputy Chair,

W. B. Ball, F4q.

A. Comptoa, Esq.

U. Miskin, Esq.

T. H. Power, Engin

*NOY

BANGKOK

ΠΑΤΑΡΙΑ

BOMBAY

MALOUTTA

CANTON OKE100

BOLAMBO DURRK PO

HAIPHONG

ITAMBUNC

HANKOW

* HARRIN

HOмKTW

LOGO

JOH

JOHORE

KONE

ROWLOON

J. A. Plumer, Eay.

T. II. R. Shame, Esq.

J. 1. Warren, Faq.

Chist Manager.

7. M. Geyburn, Esq.

BRANCUS

KUALA LUMPUR JE

LONDON

1.YANA

MALACCA MANILA

MCAR (Jahora)

MURDEN

NEW YORK

PEIPINO

PENANG

HANGGON

SARION

SAN FRANCISCO

SHANGHAI

MANGATOUR

HOURA NYA

SUNDZI PATANI

MENTALN

TOE YO

TSINGTAO

YOKORZAMIA

Current Accounts opened in Loral Curranty and Pical Depalle feraited for aus jusz or skorlar periods in Loons Durrancy and link our barna whính will be quoted on application, Long Long. December 3, 198

HONG KONG SAVINGS BANK.

The Dize of the above Bank la conducted

by the HONG KONG AND SHANGHAI BANK- NO CORPORATION, Rolen may be obtained so application.

FOR THE HONGKONG AND HEA KONAI DANKING CORPORATION.

V. M. GRAYBURN,

Hong Kong. 18th July, 19ME,

Chief Maangat.

THE BANK OF CANTON, LTD.

Established 1912,

Brad Office:Hong Kong.

Authorized Capital (ILE. Currency) .....@11,000,000 Paid-Up Capital 8,085,000 Bosness Fund.

1,100,000

DRANOHRA

Canton, hangost, Hankow, Bralow, Bangkok, New York and dan Proc.

LONDON BANEENH :-

The Lloyd's Bink, Lámítad, CORRESPONDENTS

In a procipa! cition of the World,

Foreign Barkange and banking but of vory scripton transacted.

ala Deposit Boxes (razione aisme) at a yearly

rena of tror $8 to $0.

LOOK POONG SHAN,

Chief Manager.

THE BANK OF CHINA. 行銀國中

Reorganised October 26, 1928, under

special charter of The National Gov-

ernment as an

BANK.

INTERNATIONAL EXCHANGE

Subscribed Capita!

Pald-Up Capital

Reserve Funds

$25,000,000.00

.$24,710,200.00

4 3,320,508.62

HEAD OFFICE: SHANGHAL

HONG KONG BRANCH:

4, Queen's Road Central.

Owing to our numerous branches in China and large connections in the important commercial centres of the world, we are able to extend to our clients special facilities for domestic and foreign banking and exchanges.

We also handle the issue of Bonds

HEAD OFFICE: LONDON.

Paid-up Capital

Reserve Fund

£3,000,000 .£4,000,000

Reservo Liability of Pro-

prietors

.£3,000,000

Agencies and Branches:

ALOB KTAH

AMMINAR

KUCHIKO

MADRAS

MANILA

MEDAN

PEPING (Tokia!

PENAKO

BANGKOR HATAYIA BOMBAY

VALGUTTA DANTOR

CAWNPORC GEDU

COLOMBO DAIRES

BELE

HAIPHONO

13.0110

IPOEL

NEW YORK

RANGDON

KITIAWAN HORBABAYA TAIPINU

#5

9,000,000 4,000,000

Liabilities

of Stareholders Surplus

**

4,000,000 2,087,000

Branches, Agencias and Correspos dents in the principal cities of the world.

Every description of Banking sud) Exchange business transacted,

TAN ENG HOOL,

Manager

THE NATIONAL CITY BANK OF NEW YORK.

HEAD OFFICE: 65, Wall Street, NEW YORK.

BAIDUN

SEMARANG

SEREMBAN

SHANGHAL

11AMBURH

SING PORE

HANKOWY

HARRIN

SON KONG

TIENTSIN

TOKYO

TONGKAT (19buket) TSINGTAO

ARGENTINE BELGIUM

YOKOHAMA

BRAZIL

CHILE

CHINA

COLOMBIA CUBA DOMINICAN

KAHAVI

KLAS

Kune

KUALA KANGSAR ZAMKOA NOA KUALA LUMITSUBI

Foreign Exchange and General Banking business transacted.

Current Accounts spened and Fir-

ed Deposits received for one year or

shorter perioda at rates which will be INTUBLIC

quoted on application.

J. STUART,

Manager.

Hong Kong, August 17, 1981.

NEDERLANDSCHE HANDEL- MAATSCHAPPIJ, N.V.

(NETHERLANDA TRADISH SOCIETY)

BANKERS.

Entabilebad 16824,

Hank Spa One:-11, Queen's Road Central.

Authorised Capital ........... Ovildar 150,000,000- Fald-Up Capital Gullders 80,600,000- Intro Pad

Gallfer 40,518.000-

Head Ofs-AMSTERDAM. Eastern Head Oños:-BATAVIA, Branches-Bendjertnasio, Bandsong".

Borably, Calcutta, Chorlbon, Djember, Djok jukaria", "The Hagua", "Jidikë, Kobs, Makassar, Modan. Palembang, Fuka- longan. Panang, ngon, Holterdam”, Samarang, Shanghai, Blopapore, Bowra bais, Boerakarta (Soin). Tagal, Thaijag and Waltevreden”.

• These affiona hava Bata Deposit Boxes to Lel.

LONDON BAKKERS |--

NATIONAL PROVINCIAL BANK LTD.

Correspondents all over the world, Baucking Buel. Swan of every description transacted,

A. STOKEINE,

Hong Kong. 1st December, 1981.

THE

Macayer.

AMERICAN EXPRESS COMPANY.

Reserves

LONDON ALEXICO

PANAMA PERU PHILIPPINE ISLANDS PORTO RICO STRAITS

SETTLEMENTS

URUGUAY

VENEZUELA

ercial and Travellers' Letters

A.A.B.

Declares That

and

Commerce

Finance.

WAY OUT THE ONLY

IS CANCELLATION OF WAR DEBTS

If France

mediate future, for everybody now though writes and talks as if a European already rifled.

·

attacks

WAS

MONDAY, FEBRUARY 22, 1932.

SCIENCE & INDUSTRY

HOW RESEARCH IS HELPING TEXTILE TRADES.

Dyed Cotton Problems.

of Credits, Travellers' Cheques, Bill war were a matter of months.

Exchange and Cable Transters i When I say everybody I mean, of the spoils of conquest, and bought and sold. Current accounts course, the few thousand individuala Crown jewels are still at the Shirley Institute, Manchester, can that it will probably be more

of

the Bank.

Manager.

F. McD. COURTNEY,

Hong Kong, June 18, 1991.

THE BANK OF TAIWAN, LTD,

(TAIWAN GINKO.)

Two Paradoxes.

seem, as usual, to be wrong. paradoxes remain:

them.

Remarkable discoveries, some of of the Food Investigation Board, a which are worth thousands of now system of gas storage of pounds to industry, are recorded fruit based on regulation of the in the annual report of the De-composition of the atmosphere, a partment of Scientific and Indus-well as the temperature of the trial Research for the year 1930-1. | stores, has resulted in the erection The following are some of the by private firms of two commer- points in the report:-

cial gas stores for apples with The Cotton Research Associa-very antisfactory results. Other tion is now equipped with machin- such stores are in course of erec. jery representative of modern prac- tion. During the year experi tice in all branches of spinning menta with bananas in special at- and weaving. By means of this. mospheres have been successful in The placidity of peoples living, force?

Ger-spinning tests are being carried retarding undue ripening. Capital, Surplus and

on the slopes of a volcano is pro-many, England is bound by the out on Empire cattons and new In the case of meat, important Undlykied Profita..U.S.5226,037,392 verbial, and we are, unfortunately, Treaty of Locarno to ally herself and improved varieties are being results have been obtained on the

Branches in

introduced to too familiar in modern times with with Germany.

the industry. effect of light on the oxidation the

America is kind enough to re-Liaison officers of the association and deteriorafton of meat in stor assurances of Ministers and diplomats that the prospect of mind us that we have colonies and with practical mill experience have age.

Certain micro-organisms have pence was pever more certain with treasures of art and jewels in our visited the works of every spin-been discovered as

the most im- galleries and museums. in a few months or weeks of war.

Well, well, ning doubling, and manufacturing pertant сливе of fat taint in We remember Mr. Lloyd George's believe that the Wall Street crash member of the association. They frozen lamb and chilled beef. For speech in January 1914.

1929 Perhaps in

has saved

us explain by personal contact the frozen bacon oxidation has been for. few for that reason we

pictures and

re-found the status practical implications of the ought to feel u

chief factor In search results obtained and bring causing Chatsworth more comfortable about the im-u

and Welbeck,

deterioration. As A Lansdowne

back early information of diff-step towards better supplica of House

culties as they arlee in the muilla, Empire bacon it has been found Apsley House, a trifle dingy outside, still contains 80 that scientific workers in the that frozen bacon becomes rancid the association's laboratories at the more rapidly than frozen pork, so

and Savings Bank accounts

suggest means for overcoming satisfactory to prepare bacon from opened who are responsible for what may Tower. and Fixed Deposits in local and for- happen, including the public Press,

There remain the British Museum

frozen pork than to attempt to eign currencies taken at rates that

The results of fundamental store frozen bacon for may be ascertained on application to As for the remaining 98 per cent. and the National and the Tate

long on the dyeing periods. We are also able to offer our Cus- that the week of what Disraeli used it inevitably houses some rubbish, effect on the dyed cotton of other tion of fsh

of the population, it may be assumed Galleries, while Windsor Castle, if scientific research

of cotton is bearing fruit. The Important work on the preserva- tomers the services of the Branches to call "fictitious merriment" has an yet bosat a piece or two worth chemical processes through which Torry Research Station, Aberdeen. proceeding at the of the International Banking Cor been marred by nothing more seri- the

а attention of a Morgan ar poration in San Francisco and Spain

the cotton must pass is being It has been established, for exam- and also of The National City Bankous than the tax-collectors' notes, Schwab.

studied. It has been observed, for ple, that brine-frozen haddock can of New York (France), S.A., in Paris though they are bad enough.

An Ugly Word. and Nice.

Repudiation is an ugly word; but example, that certain fast colours, be stored for months if the stor- The highest financial experts is it less ugly when uttered by a in shade by bleaching, may act deg. F.-a, temperature lower than which themselves are unaffected age temperature is kept below 0 Two nation which repudiated President chemically on the bleaching liquor that commonly used in cold stores

Wilson's signature to the Treaty of

Britain. The nature of 1. That, although the exchange Versailles; which tried to repudiate as to cause it to attack the cot-in

ton itself. Without duc precau-vitamin A as it occurs in the fats value of the pound has de- the Panama Canal Treaty:

and tions

the result may be that of fish is being closely studied, preciated by

than which still allows the more

Council of bleached akirtings or other strip- while the design of a plant specta!- 25 per cent., the whole-Foreign Bondholders to sue in vained cotton goods dyed with certainly adopted for the extraction of sale or world

prices of for the £90,000,000 or £100,000,000 colours commodities have not risen lent by Britons to the Southern in wear, if not before.

may rapidly disintegrate liver oil on steam trawlers at sea

is being developed. appreciably, with the single ex-States?

Wool Developments.

The new British canning indus- However, ception of gold, which has risen

recrimination is un-

The Wool Research Association try has been helped by successful more than £2 an ounce. fruitful. The question is: have we has also been very active. Card- work on the prevention of corro- 2. The abandonment of the gold any man or men big enough to telling machines, by which the fibres alon of tinplate containers, a pro- standard has not lowered wages America that we mean to repudiate in a mase of wool are separated blem which has been responsible or increased retail prices in the Baldwin settlement of 1922, and made parallel, have received for about 25 per cent. of the wast- the home market.

This is which never received the sanction special attention. Machines with age in American factories. contrary to orthodox doctrine, of the nation, and which was open-five or six cylinders according to which the prices ly condemned by Prime Minister sent in use in the mills, but the ning season

are at pre- possibility of prolonging the can- for soft fruits and of primary commodities, tin, Law?

association has now designed a vegetables by cold storage has also rubber, copper, sugar,

etc., This step only requires courage, highly satisfactory machine using been studied. ought to have risen.

and is rendered the eneler by the only two cylinders. *The new

Fuel Research. The American paper denounce the American confessoin that the machine takes up only one-third Bank of England as having re- United States must be bracketed of the space

An Important section of the De- of the old machinepartment's work is that of the pudiated her obligation to main with England as "the milch cows in the mill, and the consequent re-Fuel Research Board. tain a certain ratio between gold of Europe"! In the article from duction in outlay, power super-is directed to helping both the and notes. That is a matter of the the Times Washington correspon- vision, and cleaning, &c., is nb- coal industry and also the nation Bank Charter Act of '44 which dent of the 20th inst. occurs this vious.

as a user of power. Methods by doesn't concern anybody but our passage:

Final patterns suitable for mass which coal can be treated to yield own nationala. Specifically, when "Several days of patient inquiry production of new wool-spinning valuable oil fuels are being Inves and with whom has the Bank of discloses an almost startling HONG KONG HEIGHTS England repudiated any obligation? animity of determination that this ing the past twelve months. Tak-getting lubricating oil from cos! un frames have been completed dur-tigated, while the possibility of

A Defaulter.

country shall not 'serve as a milch ing into account the reduction in is also being taken up. A study The international situation is at cow-the sort of milch cow they power and labour and the higher of pulverised fuel is being made For the information of visitors present this: Germany is an ad-say bluntly Great Britain has been production possible with the new both as regards standard practice the following list of some of the mitted defaulter, that is, she will these ten years and more

.. They machine, the yarn should be pro-jand the development of new burn- highest points on the Island and not, or cannot, pay reparations and profess amazement that it has duced by thie machine at about era suitable for marine and Mainland is published:-

war debts, either this year, next taken the British people so long to half the cost of ordinary mufe locomotive purposes. During tho year, or any time. In a word, see things as they do.""""

yarn. The machine in ready for year three tests of low-tempera- Feet. Germany is rightly struggling to

Disastrous Folly.

introduction into the industry as ture carbonisation plants, working 1828 be free.

This is the result of kow-towing soon as the world economic condi- on a full scale, have been carried But if Germany pays neither to the American Government Eng-tions cause an increased demand out under the Government scheme 1774 1784 France

England, how can land the milch cow of Europe! for woollen goods.

for such tests. 1725 France and England pay America? I share the astonishment of the

In On the worsted side it has been an introductory note the 1725 They can't, England should pay Americans that we haven't seen known for years that the French Council remind Industry "that the 1808 America £60,000,000 a year, Interest through there before, and I parti- mule-spun yarns contained short Department of Scientific and In- 1000 and principal, which she should re- cipate in Lord Beaverbrook's com-fibre materials which the ordinary dustrial Research is ready to place 877 ceive from Germany and France. placency that Mr. Baldwin's beau English frame did not successful at the disposal of bona-fide in- 297 If neither of those debtors pays us, geste has been exposed any timely handle. To meet foreign com-quirers all the scientific and tech- the English Chancellor would have these ten years as a piece of dia-petition, therefore, the association nical information it holds avail- Feet to levy additional taxation to pay astrous folly, injurious to his coun- has shown how the ordinary Brad-able for assisting industry, and, 3124 the Americans.

try and to the rest of Europe, as ford spinning frame can be adapt- where necessary, to carry out for. prosperous times it would preventing for all these years the ed at small cost to spin yarns of individual firms, at a suitable have meant another 6d. on the in-re-settlement to which we must all the Continental type superior to charge, experimental Investigations come tax: to-day I think it would return, the cancellation of all war those produced on the mule. to solve technical problems of mean another is. on the income tax, debts and reparations.

Recently, as a result of labora- manufacture." The Council ad.

HEAD OFFICE:-Taipeh, Formosa.

Incorporated by Special Imperial Charter, 1899.

Crates! Back in Formore,

Anak-Notes formed Arozags azsauni ...Ton, $3,000,000!

BRANCHES AND AGENCIES JAPAN:-Toyke, Yakahama, Kobe, Deka. PORMOSA-Glan, Engl. Karenko,

Kakang. Naato, Shinchiku, Taishy, Tainen, Takso. Tamat, Town, ficile, Talia. OHINA-Shanghal. Iiankow, Amng, Poochow,

Swatow, Canton. OTHERS:-Bong Kang. Singapore. Boerabaya, Semarang. Baterie, Bombay, London. New

York, Dairen.

LONDON BANKERS: Barclays Bank. Id., Lloyds Bank, Ltd., Sand Bank, Ltd., Westminster Bank, Ltr.

This Dank has Correspondents in all the principat Commercial Centros throughout the world, K. NAGURA.

INC.

Head Office:-65, Broadway, Now York.

HONG KONG BRAKON:

J. De Vere Hand Central. Hong Kong. December 24, 1917.

Capital

Surplus

.U.S.$6,000,000 .U.S.$1,572,454

.U.S.$1,908,209

BRANCHES

Arnos Glasgow

iTaYATIA

Nim Kapta Piraeus

Harburg

Barlia

て

PALLE Fema

Bistrita

Interlaken

Peking

Doubey

Paberi

Rotterdam 16/ma

Amalandam Antwery dihens

Ele

Bremen

Brizmals

Jaruzela Lido London Duo Aires 1.Terpani Cairo

Luberna Collutte Lugano Caanus

LIZOF Ustembo

Marvel Constantinopla Monte Carlo

Copenhagen Manila 2dioburgh

Munich Montreus

Plorotic Genera

Stamboul

Khangbai Southampton

Hingapore

Be. Morica

Montede

Yicans

Vanica Yokobame Susich

Branches of American Express Com-

and other Public Funds of the Chia-pany in Principal cities of United

cse

Victoria Peak

Mt. Parker

Island.

Signal Station

Mountain Lodge

The Eyrie

Peak Hotel

Taikoo Sanatorium

Mt. Davia

SHOU J. CHEN,

Manager.

All classes of Commercial Banking Transactions undertaken.

Mainland.

investment

Taimoshan Kowloon. Peak

accopats

Government both at home and States of America and Canada,

abroad,

Hong Kong, 5th March, 1031.

THE YOKOHAMA SPECIE BANK, LIMITED.

Established 1880.

Capital (fully paid-up) Ten 109,000,000 Beserve Fund

.Yen 118,200,000

Head Offee:-YOKOHAMA,

Branches and Ageneles at:

Alexandria

Batavia

Berlin

Bombay

Calcutta

(Dalny)

Nagasaki

Nagoya

Newchwang

New York

Paris

Darka

Fenstion (Mukden) Rio de Janeiro

Hamburg Hankew

Habla

ping Rangoon

San Francisco Seattle

Rong Kong Honolulu

Singapore Soarabaya Sydney Tiantain

Kai-Yuot

Karachi

Kobe

London

Los Angelos

Tokyo Telogtas Interest allowed on Current A-

======Deposits_received for Azad.pazioda at rated to be obtained on applläation."

EL MORI

King Kong Lith' Saptainber; : 1981.

Personal handled.

The Company offers to intending Travellers the use of its "Travellers Cheques" and Letters of Credit and. in addition, the world-wide services of its thoroughly equipped Travel | Department.

THE

E. W. DUGGAN,

Manager.

Bowen Road (Kerbeds)

Alans gur.

1971

RELIABLE PRINTING

ino order. too small

TIM NEWSPAPER ENTERPRISE LTD.

CHIDS MAIL SEDO.

BANK OF EAST ASIA, LTD.

why

Established 1918.

HEAD OFFICE:

10, Des Voeux Road, Central,

Capital and Surplus Total Resources ......

HONG KONG

over HS 8,000,000.00 over É.$50,000,000.00

Every description of Banking and Exchange business' transacted.

Current and Fixed Deposit Accounts in local and for- nign currencīša opened for clients.

Savinga. Account and Safe Deposit "Hozes, Branches and Kästcies af over the world.

KAN TONG PO,

Uhief Manager.

In

nor

The

The work

and I doubt if even a shilling would France is very unpopular at the tory experiments, wool products vises firms to join the appropriate realise the necessary sum. Such a moment, but I understand that when have been produced by the associa- research association. There are new impost is not within the range the international Conference meets,tion which strongly resemble now 20 of these associations with of practical politics. No Govern- she will offer to cancel reparations leather, Bulk samples of this a membership of 4,800 firms. ment would propose it; no Govern-and reduce her air Beet It America new artificial leather are being ment that did would live a week. will renew the guarantee given by tried out for such uses as gloves, What remains? France must do Wilson in '19 to join in defending boot uppers, and leather coats without her reparations, and Ameri-her frontier by arms and finance. with wool linings complete. en without the interest on her This would shift the burthen very The process evolved by the as- Liberty Bonds. Is either Power cleverly to the shoulders, of the sociation for preventing the yel- going to exact her tribute by armed United States.

lowing of white flannels with con- stant washings has been estab

THEATRES URGED. TO ADVERTISE.

Mr. Conal O'Riordan, the author, lished on a mill basis during the said that among those who did, the year. Flannels bleached by the theatre harm were stupid critics. new process come up whiter after Another drawback was that very twelve washings than when new. few intelligent people could afford

Food Storage. pay the ordinary prices in Lon- don theatres.

ADVERTISING THAT PAYS.

The Newspaper Method,

As a result of the research worki

Value Of The Daily Papers. Miss Naney Price, honorary directo tor of the People's National Theatre,

men and sales managers from all speaking at ́ ́a discussion at the Duchess Theatre, London, said that

parts of the country-sald 'that he] it was dreadful that while every

had inserted the largest. "want ad” which had ever appeared in this week 17,000,000 people went to cinemas only 1,500,000 went to

country, for salezinen. 'It had pald· theatres. If the theatre mana- Mr. E. W. Philips,

w him. He was a great believer inİ general newspaper advertising, and would gers advertised in the daily manager for Great Britain of the use the same method again. papers to the extent that the Manufacturers Life Insurance Mr. Phillips declared that there cinema managers did they would Company of Canada, speaking in was no over-production at the pre- get the same receipts, she sald. London at a dinner of the Wallace sent time. The solution of the In this country, you must adver- Attwood Marketing Association present problems was in. the hands tise," she added.

lan ́organisation consisting of sales of salesmen.

NEXT CHANGE AT THE KING'S.

SYLVIA SIDNEY GENE RAYMOND

LADIES

OF THE

BIG HOUSE

A Guramanent Gicture