1937-04-21 — Page 17

THE CHINA MAIL APRIL 21, 1987. AKA

INDO JAPAN

PACT

TERMS OF TRADE

TREATY

CHINESE IN

FORMOSA

Cannot Compete With Japanese

A statement detailing the terms of the Indo-Japanese trade protocol, Owing to the entrenched business signed in New Delhi was issued by a

organisations in Formosa, Chinese there have no chance to complete with spokesman of the Japanese Foreign the Japanese in any commercial or in- Office. The protocol; tha statement said, will remain in effect until March dustrial enterprises, according to Mr. 31, 1940, and substantially reproduces M. Kwo, Chinese Consul-General în Formosa, who arrived in Shanghai en the terms of the protocol which

route to Nanking, to report to Dr. pired last month.

Wang Chung-hui, Minister of Foreign Affairs.

ex-

were,

BANKS

THE CHARTERED BANK OF INDIA AUSTRALIA & CHINA

Incorporated by Boyal Obartez,”” 1859. HEAD OFFICE: LONDON

تهنت

Paid-up Capital ..** .£9,000,000

Reserve Fund

Reserve Liability of, Pro

prietors

Agencies and Branches:

8,000,000

£8,000,000

re-

Alor Star

Amritsar

Hojlo Ipoh

Rangoon

Saigon

Bangkok Batavia Bombay Caloutta

Kärsclai

Bammarang

Klang

Seremban

Koba

Kuala Lumpur

Kuching

Cawnpora

Madras

Manila

Shanghai Singapore Bitiawan Bourabaya Taiping

Calorabo Dalki

Medan

Tientsin

New York

Palping

(Paxing)

Thingto

Penang

Yokohama

The following modifications however, made in the new accord:

Practically all of the 50,000 Chinese 1. Japan will be permitted to ex- port to India 283,000,000 yd. of cot-residents in Formosa, Mr. Kwo ton piece goods annually, in exchange vealed, belong to the labouring class, for the purchase of 1,000,000 bales of taking up odd jobs as miners, tailors, Indian raw cotton. The exports of cobblers, and carpenters. cotton textiles may, however, be in-| While most of the Chinese in For- creased to 358,000,000 yd. if the pur-mosa come from Fukien owing to the chases of Indian raw cotton are in-geographical propinquity of the pro- creased to 1,600,000 bales a year.

vince, natives of Kwangtung are, also

2. The excess of exports of cotton found in no small number on the is- textiles in one year which may be ad-land, Mr. Kwo said.

In view of the difficulties faced by justed against the next year's quota is raised from 20,000,000 to 25,000,000 the Chinese overseas in Formosa, Mr. yd.

Kwo suggested that they might find 3. The "coloured" category of the a way out in their homeland.

According to Mr. Kwo, the Chinese previous protocol is sub-divided in the new ducament into "coloured printed" overseas are prohibited to take back and "coloured dyed" or woven goods, what they earned in Formosa to China and the total quota is allotted between in the form of cash, Furthermore, the various categories in the following the Formosan law is also hostile percentages; plain greys, 40 per cent.; those who have handsome savings. bordered greys; 13 per cent.; bleached Mr. Kwo, who will proceed to Nan- from the goods, 10 per cent.; coloured printer king to seek instructions

Central authorities, will remain here goods, 20 per cent, and coloured dyed, for some time before returning to his or woven, goods, 17 per cent.

4. The quota is exclusive of cotton post, Central News reports.

fents; but Japan undertakes to limit

to

Canton

Haiphong Hamburg Hankow Harbin

Hoa Hong

Bhakst)

Zamboanga

Foreign Exchange and General Banking business traneoted.

Current Accounts opened and Fixed Deposita received for one year of shorter periods at rates which will be quoted on application

The Bank's - Hasd Omeo sin Istadon undertakes Executor and

„Trustee, business, and claims

·Income cf British

Tax overpaid, on recovery terms whinh may be ascertained at any of its Agencies and Branches.

R, W. ROBERTS,

Manager. Hong Kong; 1st January, 1935.

the exports of cotton fents to India The m.v. Chinese Prince, from THE BANK OF EAST ASIA, LTD.

to 895,000 yd: annually.

The Government of India, the state- ment said, agreed that the customs duties on cotton fents shall not 35 per cent; ad välorem.

New York, sailed from Los Angeles

on March 29 and is expected here | Authorised Capital

The statementį added that Reeed to-morrow.

notice

of denunciation must be given by Octo- ber 21, 1939, The convention regard- ing the commercial relations between. India and Japan will be withdrawn but it was agreed that, it would continue to have effect for the period covered by the protocol.

+

THE WING ON BANK, LTD.

Head Office: Hong Kong.

28, Des Voeux Road, Central. Authorised Capital $10,000,000

LONDON BANKERS:-- Westminster Bank, Ltd. Foreign Exchange and every` deg- cription of banking business transact- ed.

Current Accounts and Savings Ac- counts opened. Mixed Deposits re- ceived at rates which will be quoted on application.

Trusteeship & Executorship under- taken. Safe Deposit Boxes for hire.

PHILIP GOCKCHIN, Chief Manager.

THE MERCANTILE BANK OF

INDIA, LTD.

HEAD OFFICE:

Subscribed Capital

15, Gracechurch Street, London, E.0.8.

.£3,000,000 Authorised Capital

... 1,800,000 1,050,000 Reserve Fund & Rest 1,247,830

Paid-up Capital

BANKERS:

The Bank of England & Midland Bank, Ltd.

Bangkok

Bombay

Coteutta

BRANCHES,

Ipoh

Kandy

Karachi

Kota Bharu

New York Penang Fort Louis (Mauritius) Bangoon

.$10,000,000.00

.$ 5,598,600.00

Paid-up Capital Reserve and Undivided

Profits

.$ 2,776,726.76 HEAD OFFICE HONG KONG. 10 Des Vaux Road, Central. BØÅRD OF DIRECTORS :- Hon. Biesbontakĩ Chan, Chairman's, La. Boon Chun, Esq. Kwok, Esq. Wong Yua

Chan Ghing Bhak, Esqui Tong, Diq, Sang, Esq., Wong Chu Son, Esq. and Kan Ying Pó, Esq.

Ken Tung: Po, Esq., Chief Mensgor. Li Tra ong, Esq,, Manager.

BRANCHES AND AGENCIES:

Amoy

Batavia

Melbourne

Colombo

Delhi

Kuala Lipis

Gralla

Kuala Lumpur -

Shanghai

Hong Kong Howrah

Kuala Trengganu

Simia

Kuantan (Pabang) Madras

Bombay Calcutta Cantan Haiphong Bankow Bonalulu -Kobe A

New York

Osaka PARK

Peiping

Rencon

Singapore

Kolom London

Saizon

San Francisco

HONG KONG BRANCH

Every description of Banking and Exchange business transacted.

Travellers Choques dinaned;

Trustee and Executorships undertaken. INTEREST allowed on Current Accounts and Fixed Deposits at Hatos that may be- ascertained an application.

D. BENSON,

Manager.

7, Queen's Road, Central,

Feuang

Seattle

Semarang

Shougani Eingapore Bourabaya Ewatow Bydney Taiboku Tiensala

Tekso Vancouver

Torchama

Every description of Banking and Exchange business transacted. Loans granted on approved securities.

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION

thorised Capital

Issued and Fully-Paid-up. ,000,000 -Reserve Funds:→→

Sterbug

22850,000,000

2,500,000

$10,000,000

$20,000,000

Hong Kong Са tency.

Reserve

Reserve Liability of Pro-

prietors

HEAD OFFICE: HONG KONG,

BOARD OF DIRECTORS.

G. Miskin, Esq., Chairman.""

* Hon. Mr. M. T. Johnson, Deputy Chairman.

J. K. Bousfield, Esq., “ A. H. Compton, Eag

6. H. Dodwell. Esq J. B. Marson, Esq.,

AMOY

K. S. Morrison, Esq...

Hon, Mr. J. J. Paterson,

T. E. Poszos, Esq.

A. L. Shields, Esq.,

V. M. Grayburn, Esq. Chief Manager.

BANGKOK-

BATAVIA BOMBAY CALCUTTA CANTON- CHEFOO COLOMBO DAIBEN FOOCHOW HAIPHONG HAMBURG HANKOW HARBIN HONGREW ILOILO IPOH JOHORE

KOOD

KOWLOON

BRANCHES:

KUALA LUMPUR

LONDON. LYONS

· MALACCA MANILA MUAR (Johore). MUKDEN. NEW YORK FEPING PENANG RANGOON BAIGON

SAN FRANCISCO SHANGHAI SINGAPORE SOURABAYA- SUNGEI PATANI TIENTSIN

TOKYO TSINGTAO YOKOHAMA

Current Accounts opened in Local Currency and Fixed Deposits redaived for one year or aborter perioda in Local Currency and Sterling'on terms which will be quoted on application.

AL80 up to date SAFE DEPOSIT BOXES in various sizes TO. LET.

Hong Kong, 1st March, 1987.

HONG KONG SAVINGS BANK

The Business of the above Bank is conducted by the HONG KONG AND SHANGHAI BANK- ING CORFORATION. Bules may be obtained

on application.

FOR THE HONG KONG, AND/ SHANGHAI BANKING CORPORATION.

V. M. GRAYBURN,

Chial Manager,

Hong Kong, 1st March, 1987.

THE YOKOHAMA SPECIE BANK

LIMITED

Established 1880

Capital (fully paid-up) Yen.100,000,000

Yen 132,650,000 |

· Reserve Fund

Head Office: YOKOHAMA

Branches and Agencies at

Alexandria.

Bangkok

Batavia

Berlin

Current Accounts opened in Local Currency and Fixed Deposits received for shorter periods in Local and Foreign, Currenciem on terms which will be quoted on application.

Safe Deposit Boxes To Las

ons

or

KAN TUNG PO,

Bombay

Chief Manager.

Calcutta

Canton

Moji:

Nagasaki

Nagoya

New York

Osaka

Otaru

Paris

THE TAIKOO DOCKYARD & ENGINEERING COMPANY

OF HONG KONG, LIMITED

BUILDERS OF ALL CLASSES OF SHIPS.

BUILDERS OF RECIPROCATING STEAM ENGINES.

BUILDERS OF MARINE AND LAND BOILERS.

BUILDERS OF TURBINE MACHINERY.

Under License From Messrs. Parsons,

BUILDERS OF DIESEL ENGINES.

Under Special License From Mesars. Sulzer Bros.

Licensed To Manufacture Lanz Perlit Iron, Specially Suitable

For Internal Combustion Engine Working Parts.

DOCK & SLIPWAYS

FOR DOCKING VERY LARGE, AS WELL AS SMALLER VESSELS, ON ANY TIDE

ALL CLASSES OF SHIP ENGINE AND BOILER REPAIRS AND EXTENSIVE WELDING, BOTH ELECTRICAL AND OXY-ACETYLENE, SKILFULLY AND

PROMPTLY CARRIED OUT

Tel: Address: “Taikoodock,

Telephone No. 30211.

Hong Kong.

Call Flag: “Numeral One,” over “Pennant Anns.

BUTTERFIELD & SWIRE, Agents

Dairen (Dainy) Peiping

Fengtien (Mukden) Rangoon

Hamburg

Rio de Janeiro

Hankow

Harbin

Hong Kong

Honolulu

Hsinking

Karachi

Kobe

London

Manila

Los Angeles

San Francisco Seattle,

Semarang. Shanghai Singapore

Sourabay Sydney Tientsin

Tokyo

Tsingtau

Yingkow

Interest allowed for Current Ac-

counts.

Deposits received for fixed periods bat rates to be obtained on applica-

`tions.

Y. KANO,

⠀⠀ Manager.

Hong Kong, 10th March, 1937.

THE

SHANGHAI COMMERCIAL &

SAVINGS BANK LIMITED (Incorporated in China)⠀⠀

Capital paid up

Reserves

$6,000,000.

$7,500,000.

Capital Savings Dept. $500,000. Reserve Savings Dept. $800,000. Head Office –Shanghai Bank having as its mission the industrial development on "China and the fostering of her

commercial relations abroad. Hong Kong Offee hous

6, Queen's Road, Central. Phone: 81116.