1937-12-06 — Page 17

THE CHINA MAIL, DECEMBER 6, 19

German Air Force Organisation Is Unsurpassed

In the past few weeks British air a country's ability to carry on an experts official and others of high air war after the first few weeks' standing in the aircraft industry heavy toll of casualties. capable of judging technical! TECHNICAL EXCELLENCE achievement and production capaci The outstanding and vital fact, ty, have visited Germany, writes about Germany's air effort is. the air correspondent of the Lon- am informed on the highest techni- cal excellence. This is particular- don "Daily Telegraph.”

1

I am told that they have seen ly evident in aero engines, in which evidence of technical achievement department Germany had

and production organisation passed in no other country.

sur-leeway to make up.

much

water-

Get-

As to types of engines: Air cooled or air-cooled Britain has no

reason to fear comparison. many has no fighters or bombers in service superior to Britain's.

Facts relating to first-line Force strength in other countries are difficult to obtain and verify.

In June of this year, there is rea

A very important fact which son to believe Germany had about 1,600 machines, and the British weighs in Germany's favour is the strength for home defence was simpler and more rapid procedure about the same.. These figures of development from the inception, appear to be approximately correct, of a new type and its adoption by the Air Ministry through all stages: but need explanation.

to production.

SHADOW FACTORIES

Germany and Britain have

in-

Despite certain reforms there is time- creased their strength since June, still much hampering and Britain under the R. A. F. expan-wasting procedure in the British „sion programmé and Germany un-system

der a steady drive, which will pro- bably keep pace with-and may even surpass anything. Britain can do.

LOCAL DOLLAR

the The demand rate on

Hong

For many months German pro-Kong dollar this morning was duction has exceeded British by 1/2- some 10 per cent. Now that Bri-

"Spot" silver was quoted at 19- tish production is getting into its 17/16 and “forward” at 19-5/16. stride, and the "shadow factories" The London on New York cross- are at work, it may be possible to rate was quoted at £ US$4.9920 "hold our Owl.

and the New York on London rate

US$4.991⁄44.

The estimate of first-line strength at takes no account of British over seas units or of the Fleet air arm. Germany's air force is, of course, contained in Germany British total strength now exceeds 2,000 first-line machines. Such estimates take no account of reserves.

Reserve strength, however, is the most vital of all, and no coun- try divulges facts relating to it. It

THE WING ON BANK, LTD.

BANKS

OF

THE CHARTERED BAN

INDIA, AUSTRALIA & CHINA

Incorporated by Royal Charter, 1953. HEAD OFFICE: LONDON 38, Bishopsgate, E. C. 2. Paid-up Capital Reserve Fund Reserve Liability of Proprie

tors

BAMS

HONG KONG AND SHANGHAI

BANKING CO

Authorised Capital Issued and Fully-Pa

Reserve Funds?

Currency £3,000,000

Reserve

Sterling

6,500,000

Hong Kong

$10,000,000

$3,000,000

$3,000,000

Reserve Liability of Proprie

tors

$20,000,000

Manchester Branch, Mosley Street, Manches Agencies and Branches:

Alor Star

Bangkok

Bombay Calcutta Canton Cawnpore Cebur Colombo Dalki

Haiphong Hamburg Hackow Barbim

Song Sour

Heilo

Karm

Ipoh

Archi

Klang

Kobe

Kasia Lampur

Kuching.

Madras

Madan

New York Paiping

"(Fuking):

Fenang

Bangoon Saigon

[Bhuket),

Zamboanga

Foreign Exchange and General Banking business- transacted:

Current Accouste opened and Fixed Deposita. received for one year or aborter periods at rates which will be quoted on application. "The Bank's Head Ofios in London Executor

and Trustee business, recovery of British Incomes

terms which may be ascertained at any for the Agencies and Beanies.

R. W. ROBERTS,”

Hong Kong, 1st

Manager -1935

HEAD OFFICE: HONG KONG,

RD OF DIRECT

Esq

Hon. Mr. MST-Johnso

Deputy) Chazz EL

-7. E. Boosfall. Bəqi &. E. Compton, Esq...

·S. H. Dodwell, Bag4= N.B.Masson, Bega-

THE BANK OF EAST ASIA, LTD. |

Authorised Capital Paid-up Capital Reserve and Undivided

Profits

$10,000,000.00

5,598,600.00

$2,776,726.76

BEAD OFFICE: HONG KOKL 10, Des Torax Boad, Central. · BOARD OF DIRECTORS:- Hoa. Sir Shou-san Chow, Chairman: Li Boon Yus Chun, Esq. 2. I. Iwok Zay.. Wong Tong, Esq. Chan Ching Shak, Esq., Sang, Esq., Wong Chu Son, Eng., and Ean Tig

o, Esq., Fung King Wah, Bag.

Amoy Bateria Bombay

Calcutta

تماجين

Kan Tung Po, Esq., Chist Manager. Li The Fong Bag, Manager. BEANCHES AND AGENCIES:

Haiphong

Hankor Konalain Kobe Kowlood London

San Francisco

Head Office: Hong Kong. 26, Des Voeur Road, Central Authorised Capital $10,000,000 LONDON BANKERS:- Westminster Bank, Ltd. Foreign Exchange and, every des

Every description of Banking and Echange business transacted. Loaną, gruded: on approved cription of banking business transacted Current Accounts and Savings Ac may well be that both in Germany counts opened. Fixed Deposits re- Current Accounts opened in Loent CusENCY

and Fixed Deposits received for cosy shorter perioda in Local and Foreign Currencies and Britain the grand total, firstceived at rates which will be quoted on

on tarts which" will be quoted on applicatio line and reserves, at the present application."

Safe Deposit Berres To Let. Trusteeship & Executorship under-

TA TỪNG 10, time considerably exceeds 8,000. taken. Safe Deposit Boxes for hire. a

The bulk of such reserves are stored, and on them would depend

!

PHILIP GOCKCHIN,

Chief Manager

Chis!"-Manage

Sir Vandeleur M

Chief Masag

ILOILO ZPOR JOHORE БОБЕ KOWLOON KUALA LUMPUR

LYONB

NEW YOR PRIPING PENANG BANGOON SAIGON

SAN FRA

SHAN SLYG

SUN

TOE

Current Accounts, opened in Local Currency and Fized Deposits, reosivad "for cos year or shorter periods in ceni. Durmandy, and Saweling on: JETZNE. which will be quoted ou

AISO my to date 84F2 DEPOSIT BOXES VAZİOUS. KİZNE TO. EFF.

Hong Kong, lat.

HONG KONG SAVINGS BANK

The Business of the shove Bank in pană by the HONG KONG ANDI. SHANGHAI BAN ING CORPORATION. Bules" may be on application.

FOR THE HONG KONG AND SHANGHAI BANKING CORPORATION.

**V, KI GRAYBURN,

Chief Managez.

Hong Kong, 1st March, 1987.

THE YOKOHAMA SPECIE BANK

LIMITED

Established 1880-

Capital (fully paid-up) Yen 100,000,000 Ten:134 400,00€ Reserve Fund

Head Office: YOKOHAMA

Branches and Agencies at

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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 Messes, 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 Paris.

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

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Tel

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