1937-05-12 — Page 17

THE CHINA MAIL, MAY 12, 1937.

RAIL FREIGHT:

LOSSES

Millions of dollars are saved annual~

ly by railroads and industry through joint efforts in improving the packing and loading of freight in order to reduce losses and damages, according to the Association of American Rail- roads.

TRADE EXPERT EXPLAINS

MR. KIRKPATRICK'S SPEECH

BANKS

THE CHARTERED BANK OF INDIA AUSTRALIA & CHINA

Incorporated by Royal Obarter, 1858,

HEAD OFFICE: LONDON..

Reserve Fund Paid-up Capital

Reserve Liability of Prosi

£8,000,000 ...£3,000,000

£8,000,000

Agencies and Branches:

Alor Star Amritsar

Floilo.. Ipoh

Kangoon

Balgon

Bangkok

Kazmohl

Satzarang

Batarin

Klang

Seremban

Bombay

Fob

Shanghai

Galoutta

Enals Lumpur

Singapore

Canton

Kuching

Bitiawan

Cawnpore

Madras

Sourabaya

Cobu

Manila

Taiping

Calambo

Medan

Tientsin

Delhi

New York

Tongkah

Haiphong

Polping

(Banket)

Em-

Hamburg

(Poking)

Taingiao

Hankow

Penang

Yokohams

Zamboanga

Bank of of Communica-

Farbin Haus Krong

Foreign Exchange and General Banking business transacted.

on

"My mission to China is to induce The freight container bureau of the but I am not merely working for the this country to purchase British goods, association, which was formed to deal benefit of British facories and banks. with this matter, provides a service Rather, it is for the mutual benefit of for shippers and railroads alike in de- the Chinese and the British people." veloping improvements in container: Thus declared Mr. W. M. Kirkpat-prietors and loading designs. Last year manu- rick, special representative of the ex- facturers of, a hundred different com- port Credit Guarantee Department of modities in twenty-nine States, two the British Government, at- a tea re- Canadian provinces and Mexico asked ception given in his honour by the the bureau for aid in developing im- Tientsin Managers of the proved methods of packing and ship-China and the Bank ping. In 1935. similar requests were tions at the Bankers Club. made for eighty-two commodities.

To illustrate his point, Mr. Kirkpat- The

shippers' regional advisory rick said that the English labour class boards of the entire country, in co-is greatly benefitted by the commer- operation with the railroads and

ex-fcial development of the British press companies, have designated this pire. He is confident that the Chinese .month as "perfect shipping month,” and the bureau will play its part in as China makes further strides in her people will receive the same benefits the concerted effort to be made to economic reconstruction. bring about a further reduction in the

Current Accountm opened and Fixed Deposita Sino-British relations, he said, have damage to freight in transit.

recsired - for, one, year^or shorter periode at "rates In the last 16 years

always been cordial. Such relations which will be quoted on application. the bureau, could be further cemented by the pro-

The Bank's Head Office in Landon undertakes working closely with shippers,

Executor the motion of trade of both countries.

and Trusted business,

.and claims freight claim division of the associa-

recovery of British Income Tax overpaid, tion and with the individual rail- from Peiping where

Mr. Kirkpatrick arrived in Tientsin terms which may be ascertained at any of its

he roads, has played a considerable part views with

exchanged Agencies and Branchen. Gen. in the reduction from $119,833,127 in Chairman of the Hopei-Chahar Politi- Sung Chch-yuan,

R. W. ROBERTS,

Manager. 1920 to $20,920,487 in 1936 in the cal Council, Gen. Chin amount of loss and damage claims paid Mayor of Peiping, and Chinese

Teh-chun, Hong Kong, 1st January, 1935.

and by the railroads.

British In many instances

leaders, on the the bureau de-economic monstrates

reconstruction in North to manufacturers means China. whereby the cost of packing products

Tsinan He proceeded to for shipment can be, reduced, while at train to see Gen. Han Fu-chu, Chair- later by the same time a crame or container man of the Shantung Provincial Gov- better adapted to their use can be pro-ernment, following which he will re- duced.

turri to Shanghai, He Through studies made

will re-visit by the bu-Peiping and Tientsin in June. reau, in co-operation with the various industries, methods of packing and crating products of all kinds have been changed in recent years. This has re- sulted not only in a substantial reduc- tion in the number of complaints by the shippers and. receivers of mer- chandise, as to the condition of such shipments when delivered,

but a ré- duction in the amount of freight claims paid by the railroads.

THE WING ON BANK, LTD;

Head Office: Hong Kong.

26, Des Voeux Road, Central. Authorised Capital $10,000,000 LONDON BANKERS:--- Westminster Bank, Ltd. Foreign Exchange and every des- 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.

economic

THE MERCANTILE BANK OF

INDIA, LTD.

HEAD OFFICE:

15, Gracechurch Street, London, E.0.8.

Authorised Capital

.£3,000,000

Subscribed Capital

1,800,000

Paid-up Capital

1,050,000

Reserve Fund & Rest .. 1,247,880

BANKERS:

The Bank of England- & Midland Bank, Ltd.

Bangkok

Bombay

Calcutta

Colombo Delhi Galle

BRANCHEB:

Ipoh

Kandy Karachi -

Kota Bharu

Kuala Lipis

-

Kuala Lumpur

Kuala Trengganu

Hong Kong Howrah

New York Penang Fort Louis (Mauritius) Hangcon

Shanghai

Simla

Kuantan (Pabang) Singapore

Madras

HONG KONG BRANCH.

Every description of Banking and Exchange- business transacted.

Travellers Cheques issued.

Trustee and Executorships · undertaken. INTEREST allowed on Current Accounts and Fixed Deposits at Rates that may be ascertained: on application.

D. BENSON,

Manager.

7. Queen's Road, Central,

THE BANK OF EAST ASIA, LTD.

Authorised Capital Paid-up Capital Reserve and Undivided

Profits

Eloo. Chun, Tong Sang

$10,000,000.00 $ 5,598,600.00.

2,776,726.76

HEAD OFFICE :--HONG KONG. 10, Don Yeux Road, Contral.

BOARD OF DIRECTORS ---

Sir Bbou-son. Chow, Chairman; Li Koon El. P. I. Ewok Esq. Wong Yua Faq.

Chan Ching Shek, Esq., Li Lan Wong

Chu Son, Eaq. and Kan Ying

Bay Fung Ping Wab, Esq.

Fo, Esq.,

Kan Tung Po, Esq., Chief Manager. Li The Fong, Esq., Manager.

BRANCHES AND AGENCIES :---

Amoy :

Baturis

Bombay Calcutta Canton Haiphong Hankow Honolulu Kobe

Manila "Melbourna

Naguzaki

*New York

Seattle

Semarang.

Shanghai

Singapore

Sourabaya

Swatow Bydney Taihaku Tientsin

Paris

Paiping

Tenang

Rangoon

Kowloon London

Baigon

Sar Francisco

Tokyo VADCOUTSE

Yokohama

Every description of. Banking and Exchange. |busīness transacted. Loans granted an approved"--

securities.

or

Current Accounts opened in Local Currency and. Fixed Deposits. Teceived for one Your shorter: perioda Tin Local and Foreign - Currencies on terms, which will be quoted on "application.

Safe Deposit Boxes To Let.

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATIONTM

Authorised Capital

$50,000,000

Issued and Fully-Paid-up. 20,000,000 Reserve Funds:

Sterling

Reserve

Hong Kong Currency":

.£2,500,000

,$10,000,000

$20,000,000

Reserve Liability of Pro-

prietors

HRAD OFFICE: HONG KONG.

BOARD OF DIRECTORS,

G. Miskin, Esq., Chairman,

Hon. Mr. M. T. Johnson,

Deputy Chairman.

J. K. Bousfeld, Esq., ̈. A. H. Compton, Esq.,, S. H. Dodwall, Esq. J. B. Masson, Esq.,

AMOY

K. S. Morrison, Esq.,-

Hon. Mr. J. J. Paterson, T. E. Pearce, Esq.,

A. L. Shields, Esq..

Sir V. M. Grayburn, Chief Manager.

BANGKOK

BATAVIA BOMBAY

CALCUTTA

CANTON

CHEFOO COLOMBO

DAIREN FOOCHOW

HANKOW BARBIN HONGKEW RUNG! ILOILO ГРОН JOHORE KOBE

KOWLOON

BRANCHES-

KUALA LUMPUR

LONDON LYONS MALACCA MANILA MUAR (Jabore)

MUKDEN NEW YORK PEIPING PENANG BANGOON BAIGON SAN FRANCISCO SHANGHAI

SUNGEFPATANE TIENTSIN TOKYO TSINGTAO YOKOHAMA

Current Accounts opened in Local Curren y and Fixed Deposits received for one year or shorter perioda in Local Currancy and Sterling on Santa #hich will be quoted on application.

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

Hong Kong, 1st March, 1987.

HONG KONG SAVINGS BANK

The Business of the abova Bánk is conducted by the HONG KONG AND SHANGHAI BANK ING CORPORATION:

on application.

·Bules may be obtained. FOR THE HONG KONG AND SHANGHAI BANKING CORPORATION.

V. M. GRAYBURN.

Chief : MaxRA

Hong Kong, let March, 1987,

THE YOKOHAMA SPECIE BANK

LIMITED

Established 1880

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

Yen.132,650,000

Head Office: YOKOHAMA

Branches and Agencies at

Alexandria

Bangkok

Batavia

Berlin

Bombay

KAN TUNG PO,

Calcutta

Ohlat Manager.

Canton

THE TAIKO0 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 Messrs. Sulzer Bros.

Licensed To Manufacture Lanz Perlit Iron, Specially Suitable

For Internal Combustion Engine Working Parts.

DA & SLIPWAYS

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

ALL CLASSES OF SHIP ENGINE AND BOILER REPAIRS AND EXTENSIVE

BOTH ELECTRICAL AND OXY-ACETYLENE

WELDING,

PROMPTLY CARRIED OUT!

Tel. Addresa : “Taikoodock,” Hong Kong.

Telephone No. 30211.

Call/Flag: “Numeral One,"

*"ver #Pennant Anns."

SKILFULLY AND,

BUTTERFIELD & SWIRE, Agents

Dairen (Dainy)

Fengtien (Mukden)

Hamburg

Hankow...

Harbin

Hong Kong

Honolulu

Hsinking

Karachi

Kobe

London

Manila

Los Angeles

Moji Nagasaki

Nagoya New York Osaka Otern Paris Peiping Rangoon

Rio de Janeiro San Francisco Seattle

Semarang Shanghai Singapore Sonrabaya

Sydney Tientsin

Tokyo

Tsingtau

Yingkow

Interest allowed for Current Ae- counts.

Deposits received for fixed perioda at rates to be obtained on applica- tlong.

Y: KANO,

Manager.

Hong Ko¿, 10th March, 1937.

THE

SHANGHAI COMMERCIAL &

SAVINGS BANK LIMITED (Incorporated in China)

Capital paid up

$5,000,000. Reserves

$7,500,000. Capital Savings Dept. $500,000. Reserve Savings Dept. $800,000.

•・・ Hend-Officé Shanghai. A Bank having as its mission the industrial development: on China and the fostering of her commercial relations abroad, Hong Kong Office-

6, Queen's Road, Central. Phone 31116.