"You know, passengers really appreciate the unrestricted opportunity for recreation and relaxation aboard the President Liners. The big, wide decks, the open air swimming pool, the glassed in promenade, and the restful, inviting public rooms and lounges are such deciding factors in favor of these big, fäst Liners.”
Weekly Trans-Pacific Service
To San Francisco and Los Angeles The Sunshine Belt via Honolulu
To Seattle and Victoris The Short, Straight Route to America · Fortnightly willagı on Tuesdays
Fertaighdy salilago on Wednaidiós Fres. Grant....Tues May 2nd Pres. Jefferson Wed, May 16, 6 am Pres. Cleveland.Tues, Juns 5t Pres. Lincoln...Tues., Mẩy đặth Pres. Pierce Tuen,June 19th Pres. Madison Tue, June 12th Pres, Taft Tue, July 3rd Pres. Jackson
Tüss., Jana 26th £120, 112 Special through rates to Europe via United States. Direct
connections with all Atlantic lines. Choice of rail lines across United States and Canada, liberal stop-over privileges for sight-tëèlög.
Europe and New York Direct
www
ROUND THE WORLD
Fortnightly sailing, on Sunday vie Manila, Straits, Colombo, Saca Cacal, Alesandeia Naples, Genoa, Merselies, New York and Boston,
Pres. Wilson ...bun, May 20,6 am. Pres. Polk ..............San, July 1,8 cm. Pres. Van Euren.Eon, June 3, Sa.m. Pres. Adam Sun, July 15, 8 am. Pres. Bayes Stin., June 17, 8 a.m. Pres. Ourfield Sun, July 29, 2 MID.. To Manila
Pres. Grant May, 12th, 6 pm. Pres. Cleveland. May 16th, 6 p.m. Pres. Wilson May, 20th, 8am Pres. Madison June 5th, 6p.m. Pres. Lincoln...May Sad, p.m. Pres. Fierce......Jaun 8th, 8 p.m.
Fór Bookings, Passenger and Freight Informadan apply is.
Hong Kong and Shanghai Bank Bullding, Ground Floor Telephone Central 2477, 2478 and 795
Cable Address "Dollar"
American Mail Line
and
Dollar Steamship Line
THE EAST ASIATIC CO.,
COPENHAGEN.
The M.S." AFRIKA"
LTD.
will be loading for FORT SAID, MARSEILLES, LE HAVRE, ROTTERDAM; AMSTERDAM, HAMBURG, COPEN- HAGEN and ether SCANDINAVIAN & BALTIC PORTS On or about 10th May.
Further Sailings
M.S. *Australien"
M.S. “ Malaya".
M.S. * Slam *
MS. "Danmark"
་་་་་
Loading for
Shanghai and
Japan Ports on
18th June
16th July
Loading for Continental Ports on 10th May
6th June Ztät July
21st August
Optional Bills of Lading issued to United Kingdom Ports.
For further particulars, please apply to
14)
JOHN MANNERS & CO., LTD.
Agenta
የኔ
THE HONG KONG DAILY PRESS. THURSDAY, MAY 10th, 1928.
GIGANTIC FINANCE COMBINE.
BRITISH AND AMERICAN MONEY.
SIR A. MOND 'CHAIRMAN.
CLEARING "HOUSE FOR DEVELOPMENT OF WORLD
INDUSTRY.:
Further details aro contained in Home papers of the new Finance Company of Great Britain and America a vast combine of the financial resources of the two countries.
The Daily Mail of April 13th, states:--
The birth of a great organisation with vast and world-wide resources to finance and develop needy but established commercial and industrial concerns in almost any part of the world, except. Russia, was announced by Sir Alfred Mond, M.P., head of the Imperial Chemical Industries combine, with an issued capital of £57,000,000,
Named the Finance Company of Great Britain and America, Ltd., the personnel of the organisation includes financiers and in- dustrialists of the two countries whose names are famous...
Other of the company's aims are to develop new trade and business ideas and contracts for the purpose of international in- dustrial development.
A few of the leaders of finance and industry associated with the Finance Company are:
Lord Reading, a director of Imperial Chemical Industries and of the National Provincial Bank.
Lord Colwyn, chairman of the Lancashire and Yorkshire Bank and a director of the Dunlop Rubber Company.
Mr. Albert H. Wiggin, chairman of the Chase National Bank of New York, commanding assets of more than £200,000,000, and of the Chase Securities Corporation of New York.
Mr. Alfred P. Sloan, president, General Motors Corpora tion of Detroit, which has a capital of more than £100,000,000;
Mr. Matthew C. Brush, president, American International" Corporation, whose capital is £2,940,000.
Mr. J. H.-Ecker, vice-president of the Metropolitan Life Insurance Co., of New York.
Mr. Charles Schwab, chairman of the £85,000,000 Bethlehem Steel Company.
OBJECTS OF THE CORPORATION.
In announcing the formation of be a clearing house for the develop- the company, Sir Alfred Mondment of world industry and a visualised an era when by the pro- method of catalising American per application of the unlimited and British money into the most. wealth of Britain and the United useful channel. States industry in this and other The Finance Company has been countries now flagging, and even formed with a capital of £2,040,000 dying, for the want of capital divided into 2,000,000 ordinary would be revived and developed to shares of £1 each and 800,000 de- the betterment of international referred shares of 18 each. lations and the improvement of the lot of the workers.
"It is a private company, sad every penny of the capital is ar
£500,000,000.
AN ESTIMATE OF RESOURCES OF THE CORPORATION.
The new corporation represents the greatest single organisation so far formed with the definite object of promoting that international co-operation in finance and indus try that is an outstanding feature of the day.
Imperial Chemical Industries with its issued capital of over £57,000,000 in the largest industrial combine in this country,
The General Motors Corporation with its capital of over £100,000,000 is one of the biggest American undertakinga, with world-wide operations, while the other Ameri can companies. represented on the new organisation bring up the total capitalisation of the British and American interests concerned to some £300,000,000.
Nor does this. by any means com prise the whole of their resources.
The Chase National Bank of New York, for instance, commands
amounting to asseta $200,000,000,
some
HONG KONG METEOROLOGIJAL
ENGISTER.
Hong Kong Observatory, May 9th.
¡Previous On DatejOn Date
Day
+
28
DODWELL & CO. LTD.
NEW YORK BERTH.
FOR NEW YORK & BOSTON via SUEZ,
LLOYD TRIESTINO.
REGULAR MONTHLY PASSENGER AND, FREIGHT SERVICE for BRINDISI, VENICE AND TRIESTE (FIUME). TAKING CARGO ON THROUGH BILLS OF LADING TO GENOA, ALL ITALIAN, ADRIATIO, LEVANT, BLACK SEA. AND DANUBE PORTS.
REDUCED PASSAGE BATES.
BRINDISI. VENICE & TRIESTE LONDON
€72.10.0. £80. 0.0.
NEXT SAILINGS.
OUTWARDS FOR SHANGHAI, YOKOHAMA, KOBE AND MOJI.
From Hong Kong. Saila on/or about 24th May Sails on/or about · 21st June Sails on/or about 19th July'
HOMEWARDS FOR BRINDISI, VENICE AND TRIESTE,
M V. " VIMINALE " M.V. "ESQUILINO
at 2 pm 6 mm.
I p.m.
M.V. "ROMOLO"
Barometer... 99.76 29.81
29.78
Temperatur
75
Humidity 70
92
66
Wind-
Direction
Chim
SSW
M.V. "REMO
3
D
M.V. “VIMINALE”
B
Force Wother
Bain
OM
84
0.00 UPO 0.01 Highest open-air Temperature, eth; 82 Lowest open-air Temperature, 9th:75
B-Blue sky; O-Cloudy; D= Drixxle; F-Fog; L-Lightning: M-Mist; O-Overcast; P«Passing showers; Q=&qualls; R-Rain; T- Thrader.
HONG KONG TIDE TABLE, From May 10th to 16th, 1929. HIGH WATER Low Wirk
Days of
Date of th
Hong
Kong
Standard
Time.
h.
11.
Beight.
Bong
Kong
Standard Time.
h. m, it b
Thur 10 No infer. high nor low wat.'
m11 27
8 13 Fri. 11 No infer. Dig nor low wat 0 23 167
9 95 15 Sat: 19 No infor, high or low wat
Not only that, but Sir Alfred also ranged for; there is no, suggestion Bun. 13.26 $10 $75
?
high nor low wat.
11
13 a 5
5
0 10 15
3 6
pointed out that new industries of and there will not be a public Mon. 14m 6 39 would be developed and a condi-issue. The share capital-is held in tion would be brought about in equal proportions by Imperial Tao. 15 m 653 which there would be investment Chemical Industries, Ltd., and the Wed. 18 m 7 13 5 4 m 0 30 |1 6 without sorrow," for, he said, the Chase Securities Corporation of
6 595 9 1 127 "investing public will have the as- surance that money invested in any New York which is in close associi- company backed and recommended tion with no fewer than 4.000 banks by the Finance Company will earn throughout the United States, so a return.
the potentialities it will be seen are vast. -~
All this is to be done by work of co-ordination and the influeng ing of new capital-principally the latter. There will be no geogra phical boundaries to our efforts," said Sir Alfred, " except that so long as I am chairman of the com- pany one of our money will.go to Russia, but to every other coun- try, yes.
British Industriak. -
The following is the full list of: officials of the new organisation:-- Directors,
1
SERVICES CONTRACTUELS DES MESSAGERIES MARITIMES.
CONSIGNER NOTICE..
S.S. "D'ARTAGNAŃ."
BRINGING CARGO Fre MARSEILLES, &c. A180 FROM LA PALLICE, COGNAC, &c., Ex. 6.8.0OMMANDANT MAGES" AND CARGO FROM HAVRE, E. 8.8.PYTHEAB."
are hereby informed JONSIGNMES Iri Mr. Albert Henry Wiggin, chair-st their Goods with the exception
10. Chase National Bank and Chane Securities Corporation,
Sir Alfred Mond, chairman. Sir Harry McGowan, deputy-chair- man, chairman of Nobels Indus- tries, Ltd., and Kynoch, Ltd.,' and advisory director of the British Overseas Bank.
"Our preference will be to de. velop British industries, but, we have no prejudices. At the moment the co-operating financiers and in- Lord Heading." dustrialists are British and Ameri-Lord Colwyn. can, but there is no son why. Mr. Harold John Mitchell, director
those of other countries, including Germany, should not come in.
"Indeed, we are already in touch with other centres. In Germany the banks bave always played a great part in developing and assist ing industry, far greater than they have in this country. Our new or ganisation will to a very great ex tent do what the German banks have done."
of Nobel Industries, Ltd., and Imperial Chemical Industries. Mr. Henry Mond
Mr. Clarence Graff, joint manng
ing director.
Mr. James Henry Gannon, vice president Chase National Bank, joint managing director.
American Committee.
Mr. Albert H. Wiggin Bir Alfred Mord. Sir Harry McGowan.
Chase National Bank.
Mr. Halstead G. Freeman, presi- dent Chase Becurities Corpora tion:
Sir Alfred pointed out that at present, while British issuing Mr. Robert L. Clarkson, president. houses were always prepared to float companies for concerns which could show profit and loss accounts and good returns over a period of years, they did not find themselves able to assist undoubtedly good things which if properly developed would show returns satisfactory in every way, and as a result a pro- mising industry was often starved for want of assistance.
SOUTH MANCHURIA RAILWAY these concerns," said Sir Alfred,
SUMMER HOLIDAY
RESORTS
IN
SOUTH MANCHURIA
HUSHIGAURA.-Fizet Söadde Bummer Holiday Resort in North China Five miles from Dairon, 1 11 ocnnected with the ofty by special motor and esr riage road and steatris kamway. "Yamato Hotel (35 rooms) and 13 furnished
We shall be prepared to assist without waiting for the balancer sheet to show a profit. By that I mean that if our experts, and wo
Mr. Alfred P., Sloan, ian, presi.
dent General Motors
Corpora tion, Detroit.
Mr. John Rascob, chairman finance committee. and vice-president General Motors.
Mr. Matthew C. Brush, president
American International Corpora». tion. New York.
Mr. W. H. Woodin, president
of Opium, Treasure and Valuables are being landed and stored into the Godowns |
the Hong
Ltd., Kowloon, after Isuding. Delivery may be obtained immediately and Godows On, fade on Whare
Missa
"All Claims must be sent in to me on or before Friday, the 18th May, 1928, or they will not be recognised.
Damaged Packages will be examined by
Company's Surveyorı, the Goddard & Douglas in the presence of the Consignees at 10am—on Tuesday, the 15th May, 1928.
No Fire Insuravoe will be effected-bri- na là any case wistaver.
L. LEEDOS.
Agent. Hong Kong, 9th May: 1928. [6284
RUTICE TO CONSIGNEES, CÖRAN STEAMSHIP CO. LTD.
CHINA MUTUAL STEAM NAVIGATION CO., LTD.
FROM UNITED KINGDOM VI BINGAPORE.
NONSIGNEES per Co.'s StemINET
"MERIONES"
CON
From Hong Kong.
Bails on/or about 3rd Inne Sails on for about 28th June
NATAL LINE OF STEAMERS
FROM CALCUTTA & COLOMBO TO SOUTH AFRICAN PORTS
*S.S. USINGA "
Sails from Calcutta 1st June
Regular Passenger and Cargo Service to South African Ports. Through Bills of Lading fasad from Hong Kong.
For Freight or Passage on any of the above Linos, apply to :---
DODWELL & CO., LIMITED.
Agents
Telephone: Central 1030.
HAMBURG-AMERIKA LINIE
INCLUDING
HD HUGO STINNES LINIEN
COMBINED FREIGHT AND PASSENGER SERVICE CABIN CLASS ACCOMMODATION FOR 50 PASSENGERS FARE FROM HONG KONG TO GENUA-£73. 01. 04,
OUTWARD.
Bailings from Europe for Shanghai and Northern Ports -
M.V.VOUTLAND " "..
S.S. LUDENDORFF”· S.S. "HINDENBURG" 8.S.ALBERT VOEGLER”. M.V. "RHEIN- 8.8.ULDENBURG "
HOMEWARD.
+
the
due here on ör about the 19th May
... due here on or abort tha Kalk Bay dus here on or about the 12th Jané
... dua hare in or about the 13th June dné hère on or about the 24th June
ube here on or about the 7th July
Sailings for Europe via Manila, Singapore
Colombo & Port Said:-
+8.S."ADOLF VON BAEYER" mailing from here on or about the 10th May..
++ 8.8. PREUSSEN
IM.V. "ERMLAND". +M.V. "VOGTLAND."
+88.ALBERT VOEGLER' +M.V. RHEIN"
41
...sailing from here on or about the 25th May
tailing from here on or about the Six Jane sailing from here on or about the 24th June saching from here on or about the 8th July asiling from here on or about the 29th July Calling at Gozos, Marseilles, Rotterdam and Hamburg. Calling at Genos, Botterdam sad Hamburg.
Calling it Genos, Marseilles, Antwerp, Rotterdam and Hamburg,
For Freight, Fassage and further Particulars plonse apply to
JEBSEN & CO.
12 Pedder Street.
THE EAST ASIATIC CO., LTD. COPENHAGEN.
"MALATA"
Tel 2223. Tel: 0. 4754.
HAMBURG AMERIKA" LINIE.
NOTICE TO CONSIGNEES,
DE M.Y
have got together a staff of experts · board. and president American to Terms and Conditions of having arrived, Consignes of Jargo | being landed and placed at their risk:
able to advise us on practically all matters, report favourably with re gard to the possibilities of a con- cern, then we shall develop it and
Find after 9th Mɛy from Godown an
bensslows in charming slitt garden. Bathing, Boating, Fishing Golf, Tennis bring it to that stage at which we Mr. J. Horace Harding, chairmans Notica has been given prior to relivery, bez be detained as soon de the
CEL
leaded.
be
“REMLAND”. American Car and Foundry Co., are hereby notified that the Cargo will be
having arrived, Consignes of Cargo sen' New York, chairman of the discharged into Holt's Wharf, Kowloon,THE Motor Vessel
hereby botified that their Goods are will lie at Consignees' risk and Locomotive Co., New York. subject
are hereby informed that all Goods are in the Hong Kong and Kowloon Wharf being landed and placed at their risk and Godown Company's Godowns at International Paper Co., New be ready for Mr. A. R. Graustein, president Storage at Hall's Wharf. The Cargo will
into the hazardons and/or extra hazardous Kowloon, where Deliver York.
will not be landed here, Godowns of The Hong Kong and Kowloon obtained as the Goods are Optional Cargo
Godown Co., Ltd. where Wharf sad
will landed, unless can with confidence invite public
Amerienn Bailway Express Co.,
Steamer's arrival, but carried on from Hulda Orabartra twice a week. Capial place fọc, childrens
New York.
landed.ested after Ne Olimh will be OGONDAI, Host beautiful and select Beweide Besort in the Far East Two subscription."
Mr. Frederick H. Ecker, vice port to part to the final port of call to Goods
No Claims will be admitted after the For The Common Good.
which the option extends. Arthur Formerly the Bammer Resort of the high Russian miles from Port
president Metropolitan Life Ing
All broken, chaled and damaged Goods the Goods have left the Godowns, and Goods have left the Godowns, and all Oficer and
officials. Yamste Estol and 30 wills and bangalows, mostly with
It was made clear that, although
Burance Co.. New York.
May datachod
servante
nie quarter Excellent Gething Wonderfarbenes and Imperial Chemical Industries is Mr. Charles M. Schwab, chairman as to be left in the Godowns, where they the 10th rang, dplivered after Goods amaining undelivered after the
examined on sdy Tuesdays and Bained and Dismantled Forts, Wiles of warming Walks and one of the dominant partners in Battlefields
Bethlehem Steel Co. Abendant Pricing Facilities. Orchestra wiona werk. Bert the new organisation, the activity
Bir Alfred Mond and Sir Harry Friday between the hours of 10:45 and subject to Ben 1928, 4 p.m., will be 10th May, 1999, will be subject 20
All broken, chafed id damaged Goodá and Nou within the Free Storage period,
All broken, chated and damaged for high-class faint
No Ulaim will be admitted after the are to be left in the Godown, where Goods are to be left in the Godowa PORT
ARTHUR FAZiOne for it two memorable Bingos sad its boutiful of this body is not to be limited McGowan, as members of the Inndlooked Hacbond. Eetly one hours joumey from Dairen by expres to the chemical industry but to be American committee, provide Goods have left the Steamer's Godown, they will be examined by Messrs. Ander where they will be examined 66
Yamato Hotel (1€ rooms, Hafideat place of historical and socnia Applied to any and every industry liaison between the board of diree and all Goods remaining undelivered son & Ashe on 12th May, 1998, at May, 1928, at 10 am. by Bar Burveys, Interort to illa, mouth with free walk or drive every day. Most healthy which can be usefully developed tors and the American commitee, after the 16th May, will be subject to 10 All Claims aging the versed in Mostcs: Goddard and Douglas
the All Claims against Tossel the personnel of which is probably Rent, buy These concerns and industry will unique in the history of Inancial All Claims against the Hamer must presented to the Underigned be searched for by the Finance corporations, including, as it does. be presented to the Undersigned as or 19th May, 1928, or they will Company's experts and will also be the most important leaders of before the 29th May, or they will not be recognised.
No Fire Insurance will be a brought to the notice of the com- finance and industry in the United be recognis pany by those now operating them. States temporary offices of the
will be effected.
Bills of Lading will be countersigned by JOHN MANNERS * 00... TD, Bir Alfred said that he had long
Agente, de Hong Kong, 8th May, 1928, 6200 realised the necessity for such an Finance Company are at 14; Corn- organisation which would, in effect, hill, E.C.
and salubrious spot in the Far East
All under the direct management of the SOUTH MANCHURIA BAILWAY CO. "Illustrated Booklets and all Information post free un request. Applications may be sent to the Hotel Managers at the various resorts'or te
THE SUPERINTENDENT OF HOTELS, Trade Department Cable Add. 1 MASTEIST OF BROC, SOUTH WANOHURIA BAILWAY.Date
Colas tëB.C, 6th & Sik Ed., Al, Lieber's and Bentley's.
for the common
The
BUTTERFIELD & SWIRE,
8th May, 1929,
(6291
before the
Rent
| Claims must reach us before the
1928,
will not be O No Tire Luanradice will be effected. Bills of Taling will he countersigned by the Undersigned,
JEBBEN 004 Agenta.
Hong Kong, 3rd May, 1928. [6976
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