1941-03-25 — Page 13

HONGKONG & SHANGHAI BANKING CORPORATION.

Authorised Capital

.850.000.000

Isrued and Fally Fald-up ...$20,000,000 Reserve Funds:-

Sterling....N

Hong Kong Currency 'Ro

serve

Reserve Liability of Pro-

prietors

.£ 0,000,000

-$10,000,000

+$20,000,00☎

HEAD OFFICE: HONG KONG,

BOARD OF DIRECTORS: Hon. Mr. J. J. Paterson Chairman.

W. H. Lock, Esq., Deputy Chairman.

Comptan, Esq. J. K. Bousfeld, Esq.. G. Miskin, Laq....

K. S. Morrison, Beg. L. J. Darios. Enq... Hon. Mr. T. E. Pearos,

The agreement is the climax to negotiations which have been inter found two young cou-Hon. Mr. 8. H. Dodwal. Hon. Mr. A. L. Shield.

progress for the past two years.

It involves a new interpretation of the Rush-Bagot Agreement of 1817 governing naval operations in the Great Lakes.

The new agreement lays down that the vessels are not to be in- tended for service on the Great Lakes, that each government must furnish the other with full details before beginning construction, that warships may be built with full

but armaments

that the latter must be incapable of immediate use while the vessels remain the Lakes, and that the vessels must be moved promptly from the Lakes on completion-Reuter.

ples in bunks.

"This sort of thing is going on all

over the district, but we are powerless to stop it." Mr. A. E. | Amoy Waters, chief A.R.P. West Ham told a reporter.

officer of

Sir Vandeleur M. Grayburn Chief Manager.

BRANCHES:-

Fangor Balgon

Ipob

Bangkok

Jobors

Bateria Bombaj Calcutta

Kobe

Ban Francisc

Kowloon

Sbangbal

Canton Thefoo

Kuala Lumpur London

Singapore

Lyons

Sungai Patan

night. Colombo

Dairan

Moochow

"The only solution is to. have paid personnel with definite au- thority on

duty each Young couples find dark corners

Hankow

Marbla [folla

in the shelters to carry on their faiphong love-making. Voluntary war- dens have not the authority to stop sharing bunks, on

"The voluntary warden must find a policeman, and by the time the officer arrives the couples have gone.

but it has been in effect sabotag- ed by the refusal of even the most elementary facilities which experience had shown abundant- ly necessary for its proper and (8) Italian power in Abyssinia convenient functioning. When broken,

these facilities were not refused whose duties lay in other spheres downright there was delay, more instead of providing at least tem- than is adequately explained by porarily the services of an officer the normal demands of office properly equipped to see the routine.

Financial control department set on its feet In throughout has preferred the the matter of an accounting sys- form of cheeseparing to

wise tem. spending, and financial advice

the I may illustrate has taken normally the form of liberality with which the Mala- greater

criticism in arrears or of advice yan Immigration Office has been to utilise the services of non-treated in this matter of provi- existent officers or of officers sioning by quoting one instance. Some few weeks ago I was asked by the Financial Secretary to undertake certain additional work in connection with control of currency carried by

of

(10) final consolidation of the Empire force, each with its own productive arsenal, and entry the United States as a non-belli- gerent ally far beyond Hitler's conception of the use of such al- lies. Reuter,

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an

passengers;

engage-

I agreed to do so, but asked for

assurance that my ment of six senior officers speci- ally for this service would not be questioned, I having arrived at that figure after carciul consulta- tion with my staff. The reply hinted at scandalous extravagance In staffing, and ended by saying that the Financial Secretary would prefer to drop the scheme altogether rather than consent to such waste; the scheme was cordingly dropped. A few days later I learned accidentally from Mr. Huggins of the Singapore Im- migration Office, who happened to be in the Colony, that his staff had just been augmented by 32 Europeans expressly for this work. Anything more clearly showing

ac-

¦

CURRENT

Bourabaya

Bwntow

Tientsin

Malacom

Manila

Huar (Johor) Tokyo

Mukden

New York

Peiping

Penang

Thingto Yokokuten

ACCOUNTS opened to

DEPO Local Currency and FIXED BITS received for One Year or shorter periods in Local and Other Currencies ол terms which will be quoted 100 application.

SAFE DEPOSIT BOXES of various sizes To Let.

"We Are Powerless"

"By supervision we are doing all we can but without the proper undertaken, authority of paid personnel, or a Ministry order to segregate sexes we are powerless,

the

"And with the problem of men and women sleeping separ- ately arises that of married cou- ples who won't separate." A Ministry of Health official said: "Restrictions should be dealt with locally, and police officers called if order cannot be kept."

When James Kitch, aged nine- teen, a labourer, of Clive Road. Romford, was fined £5 at West Ham for obstructing the police, it was stated

that he told young couples in bunks: "Take no notice of him, it is nothing to do with the police. We can stay here as long as we like."

CHINESE GOODWILL

MISSION

THE UNOFFICIAL CHINESE GOODWILL MILITARY MIS. SION, LED BY SHANG

GENERAL IN

CHEN. ARRIVED NEW DELHI YESTERDAY.

During the stay, extending the lack of sense Thursday, the Mission will be en- of proportion or of imagination tertained by the Viceroy and Com-

would be mander-in-Chief.

in financial control hard to find.

Disregarded

TRUSTEE and EXECUTOR business

Hong Kong, 20th February, 1941.

HONG KONG SAVINGS BANK.

The Business of the above Bank 1s conducted by the HONG KONG AND SHANGHAI BANKING CORPORATION. Rules may be obtained on application. FOR THE HONG KONG AND SHANGHAI BANKING CORPORATION.

V. M. GRAYBURN,

Chief Manager.

Hong Kong, 1st March, 1987.

THE BANK OF EAST ASIA, LTD.

Authorised Capital Paid-up Capital Reserve and Undivided

Profils

Hon.

.$10,009,000,00 5,508,600,00

2,963,201.50

HEAD OFFICE:~HONG KONG 10, Des Voeux Road, Central,

BOARD OF DIRECTORS:

Sir Shou-son Chow, Chairman; Li Koon Chun, Esq., P. K. Kwok, Esq., Wong Yun Toris, Esq., Chan Ching Shek, Esq.. Li Lan Sang, Esq., Wong Chu Son, Esq. and Fung Ping Wah. Esq.

J

Kan Tong Po, Esq., Chief Manager. Hon. Mr. Li Tse Fog. Manager,

Manda Melbourne Nagasaki Now-York,

Beattle

Samarang Shangha Singapore

to

BRANCHES AND AGENCIES:-

Amy,

Batavia

Bombay

Caloutte

Parin

Polping

Penang

Bangoon

Baigon

Ban Francisco

The Mission is leaving on Thurs-phos day or a three-week tour of places Hankow of military importance in India, Kobe

Honolulu including the North-West Fron-Kos!DOR Generally, almost all these tier, particularly Peshawar and Loudon causes of unsatisfactory working also Poona and Calcutta from could be digested into one: The where they will return to China. united advice of those working in Reuter. the department and best acquaint- ed by practical experience

with

OF INDIA, AUSTRALIA

Its peculiar problems was given THE CHARTERED BANK second placed to that of those working in far easier conditions, with an adequate and fully train- ed staff, uncrowded offices, and traditions to work by instead of

AND CHINA.

Incorporated by Royal Charter, 1849.

to make; the man on the spot | Paid-up Capitat gave warning of the inevitable Reserve Fund result, and was disregarded. To Reserve Liability of Pro- say that had my advice been taken in all

cases everything would have gone well might be to go too far; but it is at least certain in my mind that had my demands been promptly met the bad: effects would have been greatly minimised, and this in- quiry need not have been held at all.

prietors

£3,000,000 $3,000,000

£3,000,000

HEAD OFFICE:- LONDON: 38, Bishopsgate, E.C.2 Sat-Agencies in Londont

· 117/123, ' Leadenhall Street, E.C.2. West End Branch: 14/16, Cockspur· Street, 'G.W.L, Manchester Branch!

53, Mosley Street, Sïanchester, 2.

Dalbi

AGENCIES AND BRANCHESI

Hankow Penang Hoby Long Rangoon

Gaigon

Iloilo

/pol

ping

Halphona

If in retrospect I see good Ale Bar grounds for accepting blame for amatove the conduct of the department Bangkok they are that I should have ab- Bombay Bateria andoned a manifestly impossible Calcut

Karobl Khar struggle as soon as it became Agencies ( Kobe plain that my demands for the

Cles Btrueh Kasla wherewithal to carry on the CTES.. new department in the only way

Ceba in which it could be carried on Clambe- properly were to be unheeded; pos- sibly I ought to have compromis-Harg ed; as was not so long ago, sug- gested to me by a certain highly- placed Government officer, to Banking. Business: tranzanatadı

FOREIGN EXCHANGE and Gederal· the extent of taking a reasonable CURRENT ACCOUNTS og amount of squeeze in my depart. FIXED DEPOSITS received. ment for granted, and thus I Kear or shorter perioda" in might have allayed a great deal Other Currencies at rates wüler of the sponsored discontent. I be quoted en application can only explain my failure to Local Currency and Starling with x- SAVINGS ACCOUNTS also:opined 30 adopt ether line of action by tareet. allowed at ralon obtamable on an officer who left the service of

· this Government some fourteen undertaker Trecutor and Trustee, busi- years ago and say that any officer: myoma Tan overpaid, on taring which ness and claims recovery, of "British worth his salt will carry on his may be ascertained at say of the work however unencouraging the conditions under which he is call ed upon to work.

Bonsabaya Bwalow

Sydney

Tionisin Vancouver

Exchange business transacted. Loans Every description of Banking and

granted on approved securities.

Current Accounts opened in Local

and Currency and Fixed Deposits received for 'one year or shorter periods in Local Foreign Currencies on terma

Safe Deposit Boxes To Let

which will be quoted on application.

KAN TONG PO,

Chief Manager.

THE WING ON, BANK, LIMITED.

Head Office: Hong Kong. 28, Des Voeux Road, Central, Authorised. Capital ... $10,000,000

LONDON BANKERS Westminster Bank, Ltd. Foreign Exchange and every description of banking business transacted

Current Accounts and Savings Accounts opened. Fixed Deposit received. at rates which will be quoted on application. W

Safe Deposit Boxes for hire.

PHILIP GOCKCHIN,

Chief Manager.

Help your Friend and his Hobby by giving POSTAGE STAMPS

for

his collection

and. Seeds For His Garden

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GRACA "The Bank's' Head Office in London

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Asc 187.

EVANS THOMAB”

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