1941-09-26 — Page 11

By George MacManus

WHERE'S

TH BOTTLE-

OPENER P

YEP-HALWAYS BRING ALONG

MY VIOLIN

PICNICS

cate, Inc., World sights reserved, "

HONGKONG & SHANGHAI

BANKING CORPORATION.‡

Authorised Capital

Issued and Fully Paid-up

Reserve Funds

Hong Kong Currency Re

.$50,000,000

$20,000,000

-

Sterling

e 8,500,000

serve

$10,300,000

Reserve Liability of Pro-

prietors

$20,000,000

HEAD OFFICE: HONG KONG,"

BOARD OF DIRECTORS:

Hon. Mr. J. 3. Paterson,

* Chairman.

CC. Roberts,--Buq. Deputy Chairman,

J. K Bousfeld, Eeg..

A. 1. Complan. Eng..

1. J. Davies, Eng..

a. Miskin, Erq~,

K. S. Morrison, Beq.. Hon. Mr. T. E. Pentre,

Bon. Mr. S. H. Dodwell, Hou. Mr. A. L. Shields, Hon. Sir Vandeleur M. Grayburn,

Chief Manager.

BRANCHES:-

Jitiore

- San Francisco

Sinoghai

Runs Lumpur Singapore

Huy bungel Patani Swalow Tientelo

Bangkok

Bas rin

Kube

Bombay

How loom

Cattutto

Canton

London

Chotoo

Lyoun

Colombo

Malanos

Dairen

Manila

Fonchow

Muar (Johore) Tokyo

Haiphong

Nukdro

Harkow

New York

Tringto Yokohama

Horbin

Raping

follo

Ропаде

FOUR MILLION SANDBAGS

(Continued from Page 9). If order from 250,000 to 500,000, sary or the A.RP. Department bags. This brder, witness соп- to hire godown space elsewhere. tinued, was not placed through Witness answered that godown his department. space was hired from Marsman's for the storage of sandbags.

Chairman: To store sandbags which were originally 'intended to

Placed-Direct

Chairman: It was placed direct

be kept in the ARP. Btore?by the D.A.R.P.?—Yes. Yes, the Store was full.

And no tender was called?--Not Were any her A.R.P. articles to-my--knowledge. stored in other godowns?

Yes, in Government godowns.

*Building Full

Why was that?

In the first place the building was not ready and in the second place it was full and had no room for further stores.

"Vitriery "added thirt from the dny the store was handed over to his department he had had no occa- sion to transfer stores to other building.

Why was it necessary that previously? - Because the unsultability of the Store.

any

of

Witness, went on to say that on February 18, 1939. Davie Boar's offered the D.A:R.P. ·500,000 bags Int 14 cents each for March- April delivery ex-Calcutta, and the D.A.R.P. obtained, approval for that order but only for 400,000 bags at the price quoted.

Witness added that on August 24, 1939, the D.A.R.P. advised' Government that evory-endeavour should be made to purchase exist - ing stocks of sandbags in the Co- Tony.

About this time, witness went cn. Davie Boag's advised "the DAR.P. that they had 80,000 bags at-1241⁄2 cents each available. The Would it be correct to say that DAR:P. sought authority from this A.R.P. Store designed in Government to purchase these 1039 was found to be inadequate bags and eventually the Store De-

· CURRENT 'ACCOUNTS openedir 1941 to hold til A.R.P, quippartment received an order to Local Currency and FIXED DEPOSITS ment?-Yes. received for Оле Year or shorter periods in Local and Other Currencies оп terms which will be quoted on application.

་

SAFE DEPOSIT BOXES of various sizes To Let,

TRUSTEE and EXECUTOR business undertaken.

Hong Kong. 20th February, 1941.

HONG KONG SAVINGS.

BANK.

T

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

FOR

THE

V. M. GRAYBURN,

Chief Manager, Hong Kong, 1st March, 1937,

THE BANK OF EAST ASIA, LTD.

Authorised Capital

Paid-up Capital

Reserve and Undivided

Profits

$10,000,000.00 6,598,600,00

2,083,201,50

HEAD OFFICE, MONG HONG

10; Des Voeux Road, Central,

BOARD OF DIRECTORS:~ Hon. SirShou-son Chow, Chairman; Li Koon Chun, Esq., P.. K. Kwok, Esq. Wong Yun. Tong, Esq., Li Lan Sang. Esq., Wong Chu Son, Esq. and Fung Ping Wah, Esq.

Kan Tong Po, Esq., Chief Manager, Hon. Mr. Li Tue Fong, Manager.

BRANCHES AND AGENCIES:—

Anroy

Batavia

Bombay

Manila Molbourne Nagasaki

Seattle

Calcutta

New York

Haiphong

Faris

Hankow

Honolulu

Koba

Kowloon

London

Feiping Penang Rangoon Saigon -San, Francisco “

Bamarang Shanghai Bingapara Sourabaya Swatow Brandy Tientsio

Vazcoafor

Sandbags

We will now leave the question cf sties. Let us have something

sandbags,

purchase accordingly..

Referring to another lot of bags totalling 4,500,000 witness sald tenders were called and Marsman's obtained an order for 2,500,000. at 91⁄2 cents while Davic Boag's got, the order for the other two mil- lions at 10% cents.

$4,000,000 Unused

Witness said that on Septem- bei 27, 1938, the DARP. advised that funds-should-be made avail- alle for the purchase of sandbags and that he had obtained a price

After" betfig supplied with fur- from Davie Boog of $8 per 100 ther details regarding the trans- bags, though he expected a re- action for the bags the Chairman duction for a large order.

asked witness if it was correct The D.AR.P., witness.con- that the amount received by Davie tinued, said that the, quotation Boag's in this connection was was submitted to Government $580,200, and was told that this. Who agreed that he should pur- was the case. chase up to 500,000 bags at the The Chairman then asked wit- best prices available.

ness whether it was not true that Witness went on to say that over 4,000,000 sandbags, which the possibility of making sand- had not been issued, were ordered. bags at the Prison was considered Witness agreed. but it was felt they would not be completed by the time the other sandbags would be available for Government,

*

Chairman: Although it was a matter of urgency when they were ordered?--Yes,

And the position is that Govern- After detailing_

ment is carrying 4,000,000 bags the proceduré followed by the D.A.R.P. in coh-which they have not used?-Yes. nection with the purchases ol And do you know if anybody on sandbags, witness said that the behalf of Government had in- V.A.K.P. inspected the bags at spected the second-hand bags for Davie Boag's and was satisfied, which Davie Bong's had quoted? and accordingly Increased the

THE CHARTERED BANK OF INDIA, AUSTRALIA

AND CHINA.

Incorporated by Royal Charter, 1853.

Paid-up Capital Reserve Fund.. Reserve Liability of Pro-

prietors

only know that Mr. R. P. Dun- lop...

Who is Mr.R.P. Dunlop?---He is. in the Electric Company but is connected with the A.RPF De- partment..

Yes? I only know that Mr. R. P. Dunlop complained that the sandbags were quite the worst he £3,000,000 had ever seen.

•£3,000,000 When was that?-In October,

He 1939.

complained to the £3,000,000D.A.R.P, and as a result of that the D.A.R.P. asked the Control- ler of Stores ifthie could name the supplier. The D.A.R.P. was in- formed that the bags were sup- Flied by Davie Boag's on his direct order..

HEAD OFFICE: LONDON: 38, Bishopsgate, E.C.2, 117/122, Leadenhall Street, E.C.2, West End -Branch: 14/16, Cockapur Street, S.W.1 Manchéstor Branch

52, Mosley Street, Manchester,

AGENCIES AND BRANCHES:

Every description of.Banking and Exchange business transacted. · Loans @granted on approved securities. Alor Star".

Current Accounts opened in Local Amritèar Currency and Fixed Deposits received

Penang Rangoon

Hankow Hong Long

Balgon

Ipoh

-Balnytai for one year or shorter periods in Local Bombay

** infachi | Wand⠀⠀ Foreign Currencies on tarms Calcutta Klang. which will be quoteă, on appllention? Agencies Hoba

"Safe Deposit Boxes To Let."

KAN TONG, PO,

Chitof-Manager.

THE WING ON BANK,

- LIMITED:

"Head Offlods Hong Kong. 20, Doa Vooux Hoad, Contral. Authorised Capital ... $10,000,000

Barumban Shanghai

Singapore

Billawan-

·Gliva.Street. Kenla Lumpur" Sourabiya Fdirile Fluco", "Kuehling" Caitton-Madras)

Cebu

Coldito

"Manila"

Modin

Pelag

Talping

Tongkah

(Bhuket)

Tringtao

Yokohama

Hearing was adjourned till p.m. to-day,

STOCK EXCHANGE QUIETER

Caution drislög front" uncertainties. [note 'In ́n Véry Mil Exchange velferd

< FOREIGN EXCHANGE and General Banking Business transacted, as most sections CURRENT ACCOUNTS opened and ler but the FIXED DEPOSITS received for Ond gehörally sui Year or shorter periods in Local or ralls, Köny LONDON BANKERS. Other Currencies at rates, which villBrazil bör Westminster Bank, Ltd."

bo quoted on application. A

dustrials were Foreign Exchange and everyocal Currency, and Blerting With Inbillanco,

SAVINGS ACCOUNTS: "¿lso opened" In. "description of banking business test allowed at rates obtaliable on higher ind bre

trinsicted.

Current Accounts and Savings the Banic'a Hesa ames in Londen Accounts opened. Fixed: Deposits undertakes Excentor, and Trüsten bus recolved at rates which will be neas and claims recovery of Britain Inconia Tax bværngid, on tering which quoted on application. :

mayho ascertained at any of the Sate Deposit Boxes for hire,

Agencies and Branchés,

PHILIP GOCKCHIN,

Chef «ManaRE

application.

W II EVANS THOMAS,

"MRNAKET.

Com the

lower, Oils willi MomIchn. Armness in the Into American ralle träffle-returns. marrow and Inclined to owing" to Mr. Morgenthad's broft: limitation suggestion

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