1937-05-25 — Page 17

THE CHINA MAIL, MAY 25, 1987.

CHINESE

TEXTILE

INVENTION

HIGH DRAFT

SYSTEM

RING SPINNING

FRAMES

COTTON TISSUE TALKS

N.E.I. AND JAPAN

PARLEYS NEXT MONTH

According to report from Osaka, the proposed Netherlands Indies and Ja- After 30 years of study and experi-panese civilian cotton tissue trade con- ference will be held in June, to nego- ment, Mr. Ban-lem Louie, a Chinese tiate detail arrangements, supplement- - textile, engineer, has perfected a new

High Draft System for Ring Spinning ing the basic trade agreement signed Frames which, it is claimed, is different provisionally by the official trade re- presentatives of the two countries on to, and a vast improvement on, all pre-

April 9. vious systems. Application for patent rights as been made to the Ministry of Industry, Nanking, which has set its seal of approval on the new invention by duly registering the patent.

It is understood that officials of the Japanese Government and the Nether- land East Indies Government will be present at the forthcoming meeting

as observers, while the Ja merely

Page 17.

BANKS BOBANKS

THE CHARTERED BANK OF “INDIA, AUSTRALIA & CHINA

Inporporated by Royal Charter, 1858. HEAD OFFICE: LONDON

Paid-up Capital.. Reserve Fund

Agencies and Branches:

Alor Star

Iloilo

Ipoh

Karachi

Klang

£8,000,000 £3,000,000

Reserve Liability of Pro-

prietors

‚£8,000,000

Rangoon

Saigon

Samarang

Saramban

Shanghai

Singapore

Billawan

Talpin Tientsin Tongkah

(Bhuket)

Taingiso

Yokohama

Zainboanga

Amritsar Bangkok Batavia Bombay Calcutta Canton

› Cawnpore

Cobu Colorabo Delhi Haiphong

Hankow Harbin

panese interests will be represented by Hamburg | representatives of the Japan-South Seas Cotton Yarn and Textile Export Association.

To Strengthen Control

Present indications are

Hong Kong

Hobe

Kaala-Lumpur

Kuching

70 Madras

Manila Media

-New York Peiping

(Peking)

Penang

Foreign Exchange and General Banking: business transcstod.

Current Accounts, opened and Fixed Deposite received for one year or shorter perioda at ratex which will be quoted on application.

The Bank's Head Offoe fa London undertakes Trustee business, and claims of British Income Tax verpaid, “on

and that the Executor

1 A native of Kwangtung, Mr. Louie was born at Taishan 58 years ago. He - went to America where he studied at the LowellTextile School and won his degree. Returning to China after his graduation, he took up the post of printing and finishing engineer with the Industrial Bureau of Kwangtung. He is now connected with the Wing On Textile Mills, Shanghai, in the capa- Netherlands Indies interests will ask recovery

terms which may be ascertained at any of its city of engineer and is a professor of the Japanese traders to strengthen the Agencies and Branches. Nantung College. The necessity for a new machine, which would successful ly compete with foreign importations, led Mr. Louie in to the painstaking re- *search and infinite labour which have

now been amply rewarded.

Spring Tensor

measures, while the export control

for an alleviation of latter will ask the import restriction law of the Ne- therlands Indies." It is evident that the Japanese traders will attempt to restore their former share of the busi~ ness with Netherlands Indies.

:

R. W. ROBERTS,

Manager. - Hong Kong, 1st January, 1985.

THE BANK OF EAST ASIA, LTD.

Authorised Capital $10,000,000.00 Paid-up Capital

5,598,600.00 Reserve and Undivided

Profits

$ 2,776,726.76

HEAD OFFICE :-HONG KONG. 10. Des Voeux Road, Central.

The Import Restriction Act of the Netherlands Indies Government which was put into force immediately after The Ban-lem Louie System High the conclusion of the first Japanese Draft is different from all others for Netherlands Indies trade conference, is its chief characteristic is the using of aimed at restricting importation of Ja a spring tensor on top and a fixed

panese merchandise and activity of Ja- --tensor in the bottom. It uses a spring panese merchants in the Netherlands Atensor to control the top band on the Indies, and the business share of the middle top roll and the bottom tensor Japanese traders has been limited to controls the bottom band on the mid- only 25 per cent of the total importa. - dle roll, instead of a fixed tensor or a Thus the business has been almost

small roll. At the same time, the monopolised by the Netherlands mer-aon spring tensor has enough elasticity, to chants, and therefore, the Japanese Chun, control the bands when the roving trade delegation at the coming confer passes through them. This makes the ence, will endeavour to remedy: this ir Fo, Esq., Fong Ping Wah, Esq. yarn more even and stronger than any rational situation and to find a com- other method. Although the spring promising point-between the Japanese tensor has three forms, its efficiency export trade control and the Nether- is unchanged. The length of the forks lands Indies' import. restrictions. in the A top spring tensor is changed in accordance with the diameter of the

· middle roll.

Table Of Exports

Valuable Contribution To Industry

The following table shows Japan's In this contruction, a suitable spring is.used at the saddle. This presses cotton textile exports to the Nether- the top tensor and thus secures a slight lands Indies and their ratios to the

total imports to that country: -reaction from the bands. This being

(A) (B) Year so, the pressure between the leather

1929

229,998 36 bands is ideally suitable for cotton 1930

221,576 42 fibres, "the former : working : exactly

258,439 ..54 mlike the two fingersïsed in

hand 1931 spinning.

1932 1933

1984

1935

1936

371,041 .66

476,003 82 Another advantage of the Ban-lem

498,175 83 Louie System, is that when the spring

410,885 88 tensor is in position, it is not necessary

386,440 577 to use different gauges of tensors for

Note:-(A) Quantity of cottonitis- spinning the various counts of yarn, and the varying... thicknesses of the sue exports (1,000 yards); (B) Percen- Aleather band have no effect whatever. tage to the total cotton tissues imports

1

Of great importance is the fact that to N.E.I.

the top and bottom bands spin the yarn very clean. This is because they have separate clearers for cleaning them all the time they are in oper- ation. The possibility of these bands getting slack is offset by the roll

:: stands and cap nibs, which regulates

U.S. Restricts Serap Exports

them to whatever tension is required. The text of the Austin Bill, which is

:: BOARD OF DIRECTORS;— Bir Shou-son Chow, Chairman; Li Koon

PEEwok, Esq., Wong

Yun Chan Ching Bhak, Esq., Li Lan ong ·Esq.

Wong Chu Son, Esq. and Kan Ying

Amoy

Kari Fung Po, Esq., Chief Manager. Li Tae Fong, Esq., Manager.

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

socurišina.

Current Accounts opened in Local Currency and Fixed Deposits received for one year or shurter. periods in Local and Foreign Currencies term which will be quoted on application. Safe Deposit Boxes To

OD

KAN TUNG PO,

Chief Manager.

THE WING ON BANK, LTD.

Head Office: Hong Kong. 26, Des Voeux Road, Centrál Authorised Capital $10,000,000 LONDON BANKERS:— Westminster Bank, Ltd.

Foreign Exchange and every des-

ed.

A valuable contribution to the spin- now available in Washington, shows ning industry, the entire construction that the Bill itself merely proposescription of banking business transact is very simple, making it very easy the licensing of scrap exports, with a Current Accounts and Savings Ac for changing and cleaning. Other out clear definition of fron and steel scrap counts opened. Mixed Deposits re- standing advantages of the Ban-lem The preamble, however, contains a de- Louie System are reduction in ex-claration of a broader policy, which ceived at rates which will be quoted penses, increased production and bet- will ultimately provide a basis for re- on application. ter quality.

striction of exports of pig-iron and semi-finished steel,

ANGLO-RUMANIAN TRADE

Banker's Statement

ng The Austin Bill, which is an amend- ment. to the Schwellenbach Bill, was introduced into the Senate by Senator Warren R. Austin Republican, Ver- mont, with the object of placing de- finite restrictions on the exports of

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

**PHILIP GOCKCHIN, Chief Manager.

BW FRENCH REMEDY

iron and steel resources, including iron iTHERAPION NE

ore and iron and steel scraps.

Under thes amendment, the Presi dent is to be empowered to license ex- M. Dimitrie Constantinesco, Gover-ports, in conformity with the policy of nor of the National Bank of Rumania, conservation of metal resources, where- Schwellenbach Bill provides who had interviews in London with the as the President of the Board of Trade, Mr. only for the export licensing of iròn Walter Runciman;) the Chancellor of and steel scraps.”

the Exchequer] Mr. Neville Chamber-

lain, and the Governor of the Bank of for in the normal way. England, Mr. Montagu Norman, issued

Speaking later, M. Constantinesco

ra statement regarding the financial and said: "I am very satisfied with

RAPION NO. THERAPION NEE

No. 1 Gurer birebi

DE LE

T: DRU

Bring Your

trade arrangements existing between come of my talks with Mr: Chamber-PRINTING

Rumanis and Great Britain.

Plain and Mr. Runciman.

nd We arely Whatever Romania had undertaken agreed that the present clearing, ar- to pay on a public debt basis had been rangement must continue, and we are paid up to date. The quota of short- hopeful that the working of the finan- may get term banking debts was covered. Goods cial and trade machinery imported from Britain were being paid smoother and smoother.”

Problems to Us

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EVM, GRAYBURN,

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Hong Kong, 18 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

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Interest allowed for Current counts.

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Y, KANO,

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Capital paid up (4. ***$5,000,000. Reserves

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