1941-09-06 — Page 9

HONGKONG DAILY PRESS

BANKS

HONGKONG & SHANGHAI THE CHARTERED BANK OF

BANKING CORPORATION

Authorised Capital.

$10,000,000

INDIA, AUSTRALIA

AND CHINA

Ined & Fully Paid Up $20,000,000 | Fremore gurated by Royal Charter, 1852

Reserve Funds:

Sterling........ 26,500,000 Paul Up Capital II.K. Currency Reserve $10,000,000 Reserve Fund Reserve Liability of

Proprietors

£3,000,000 £1,000,000

$20,000,000

Reserva Linbility of Pro

prietors

£3,000,000 HEAD OFFICE: LONDON: 28, Bishopsgate E.0.2. Sub-Agencies In London:

Head Office: HONG KONG

Board of Directors:

Paterson,

Hon Mr. J J

W. H Lesk, Esq.

J. K. Borsfield, sq..

A. H. Compton, Esq..

Chava ma

Deputy Charman

:17 122, Leadenhall Street, E.C.S West End Branch: 1416. Cockspur Street, 8.W.1. Manchester Brauch:

2. Miley Street, Manchester, 2

AGENCIES AND BRANCHES:

HONG KONG PENANG ILOILO

BANGOON

IPOH

SALQU

SKREMDAN

ALOR STAR AMKITBA 11

BANGKOK

КАКАОНА

KLANG

1. J. Davies, Esq.,

Hon. Mr S. H Dodwell

Miskin, Esq.

K S. Morrison. Ex..

Hon. Mr T & Pearer,

Hon Mr A L Shields

Hor Sie Varelour M Grayburn,

BATAYA

BOMBAY

CALCUTTA

AGENCIES

CV KAT MARIE LANE CANTON CAWNPORE

KODE

KUALA

LF MIK

MADRAS

MANILA

Amoy

Batavia Bombay Calcutta

Canton Charfon Columbo

Chief Maunget

Branches:

Joborr

Bangkok

Kobe

Rangoon Saigon

Kowloon San

Bunla

Емтра

London Lyons Malacra Manila

Ponchow

Haiphong Hankow Turbin Hailo

ATERENT

(Jobore) Mukden New York

Piping Penang

M

HAIPHONG

BANKOW

BELLING

MELAN

NEW YORK

PEITANG

SHANGHAI SINGAPORE SITIAWAN SURABAYA

TEN PER CENT. ON ALL DISBURSEMENTS

Cont'd From Page 7

have not, but I understand some

have.

Would not be correct tu say that though speed was the prime factor in the contract. the longer it takes the more money your firm makes?

Mr. Davidson.Is that a sug gestion that the contract has 1 been deliberately delayed" cannot see the relevancy of the question.

The Chairman. I am making no suggestion. In the opinion of the Commission this question is most ¡relevant to the terms of the in-

quiry.

Your objection is ᎧᎵᎢ -- ruleg

The Chairman Have

any idea. Mr Carinan, when the whole

You

SALE OF LAND

ON TAI O

A buliding lot. Đi 1,000 square teel. sttunted at Tal O Lankau Island, was sold at $3,000 (the up- January, 1941, $26,673.86, in Feb- set price being $20 during brisk ruary $16,406,28, In March $52,223-bidding at the auction of Crown 56, in April $25,095.07. 10 May Lands at the District Office.

South, yesterday morning.

The lot in Demarcation Districi

$31.492,01, in June $8,948.52, and In July $19.224.56. making a grand total of $269 254.47. Have you pur-302. is known as Lot 355 The chased anything in August?--Yes. purchasers were Chan Cheong-ki

How much? I cannot give you and L Man-kun. the figures

Of the three other lots put up Will you get them for us? I will for auction, two went at upset Wat 10 per cent charged on these price and the third fetched $4 qver purchases? Yea

the upset figure of $166.

And who do you consider the plant belongs to?-Government.

FOR GOVERNMENT

The lots auctioned were No 1229 1 Demarcation District 451

at Lo Wai, an agricultural lot of

So they paid 10 per cent on their 1.36 acres: Lot No. 107 t Demar- own properly. Who supplied the cation District 432 at Heung Cha, money K purchase these? We an agricultural lot of 1.16 acres: land Lot No. 267 in Demarcation purchased for Government.

job of building tunnels will be So they paid 10 per cent on their District 446 at Ma Kok, an agri- anished?--I have no more idea own property?-Under the terms of cultural lo1 covering 2 acres.

Prices were $287, $170, and $291

commenced

than I did at the start. Two weeks after the job Lieut-Gen Norton indicated that if we could not speed up the work, it would have to be stopped

He said that? Yes.

the contract, yes.

plant hired from Kin Lee by you?

---Yes,

You also promised to let us have details of the plant and equipment that your firm itself owns on the job. Have you got them? Yes

Witness then produced a list of xlous for us to open as many sites engineering equipment belonging to as possible No other firm in the Marsman's and in service on the valued at $9.000. What monthly

According to the list. Colony was in a position to carryjunne? job.

TAIPING

CENTRIN

BONGKAR

(Bhuket)

TELNOTAU YOKOHAMA

on

Francisco DELALI Shanghai Singapore

(Peking) Sourabaya Fours ECHANIK and Cierre: Sanger Barking Baathens trumsacted.

Patani Swatow Tientsin Tokyo Thingtao Yokohama

CURRENT Arvu NT pened and Besar Demoste reeved for De Aaron shorter periods in Local | Other Currencies at rates whiel

wal! to apoteal on appication.

SAVINGS Are, sis also opened in Lowal Currency and Sterling with interest allowed at rates, obtainabli

appeltention

opened Les CORERNES and Fixed De PORTES received for селбат year UIT hort periods in Lorai nud other Cur meira en terms which will b

ten an application. SAFE DEPOSIT AES Bes to 14

TRUSTEE ank

The Bank's Head Other London undertakes Executed and Trustee Plaziness, and clams reenvrry of British Income THA Overpaid, on BOXES of terms which may be ascertained at

any of the Agencies and Branche

W. EVANS THOMAS.

Manager

EXECUTOR

basines undertaken. Flamchong 24th July, 191

HONGKONG SAVINGS

BANK

The use of the above Bank

is conducted by the HONG KONG

BANK OF EAST ASIA, LIMITED

$10,000,000.0

5,698,600.40

2,983,261.b

¦Authuriand Capital

& SHANGHAI HANKING CORPad Up Capitul

PORATION. Rules may be uh tained on application.

For the HosOKONG & SHANGHAI BANKING CORPORATION,

VM. GRAYBURN.

Chief Manager.

Hong Kong, 25th Feb., 1939.

THE CHASE BANK

Reservs Butt Undivided

I'rofite

Head Office:- HONG KONG

No. 10 Des Voeux Roul, Central

Board of Directors

HON, SIR Smuses Crow, Chairness,

1. Kood hear End.

1. K. Kwok, Fer

Wong Yun Tong, Neg

Wong Chu Son, Ex Fang Fing Wah Fo

15 QUEEN'S ROAD CENTRALKAN TONG Po. Esq, 'hief Manager

HON MRL THE FONG, Manager

HEAD OFFICE:

18, PINK STREET,

An

NEW YORK American Bank offering con. plete Foreign Banking Service in the principal Markets of the world.

Amoy

Batan

Bo

Datosla

Kulic

SAFE DEPOSIT BOXES

Branches and Agencies

Kewicon

alphare

Laskow Honaiulu

J.cudou

Manila Molkuarn

دیا حالات

San Fra

Puhany Slugapore Hangoon

Sourabaya Bwatow Sydney

Nagako Now York Paris

Cinco Tiental

Baltir Vannonser

Nemarkus

Palpin

Shanghai

Every description of Banking ami This Bank is a subsidiary of The Exchange business transacted. Loans

granted on approved securities.

Chase National Bank. New York, with Resources of ever 1.5.3.3,800.000,000.

D. L. BALLANTYNE.

19th June 1941.

Manager

THE MERCANTILE BANK OF INDIA, LIMITED

Head Ofco:-15, Gracechurch Street.

London. E. 0.3

Authorised Capital

Hakterizuoci Gala

Paid-up Capital

Henry Mind and Best,

BANKERS:

KES, DOMI_00 -

Don 21,00,000 21,24,60

The Bank of England and Midland

Bank. Ltd.

BRANCHES:

Bangkok

Bumbay Calonter Colomba

Jafun

Кластар

Handy

Karaoki

Kota Bharu

Kuala Lipla

Doin Daile Honghang Howrsh

Kosla Lumpur

Кнада Джеником! HO

New Turk

Penang Rangson Shanghol

Simla Singapore HONG KONG BRANCH: Every demaription of baking and Richarge

Bandara tran

TRUSTEE AND EXECUTORSHIP

UNDERTAKEN

CURRENT ACCOUNTA opened In Loval Oan racy and FIXED DAPOS118 roomived in Lock! Currency & UTERLING on terms that may the menetbalnet ou up fication.

D. BENSON,

WANT ADS

Trusted

C

Current Accounts opened in Loca urrency and Fixed Deposits re vivei fur

year or shorter periods in Local and Foreign Cur rencies TA terras which will be quoted on application.

Sage DEPOSIT Boxes To Lev.

KAN TONG PO,

Chief Manager.

BANK OF CHINA

Specially Chartered by

| THE NATIONAL GOVERNMENT

OF CHINA AS AN INTERNATIONAL EXCHANGE

BANK

PAID UP CAPITAL $40,000,000,00 (BRANCHES ALL OVER CHINA) Owing to our numerous Branche- in China and connections in the Principal Commercial Contres of the World, we are able to extend to me Clients apceial facilities for Domestie and Foreign Banking and Exchange.

Head Office:--SHANGHAI Hong Kong Branch:

4, QUEEN'S ROAD, C. South China Offices:

KONGMOON TOISHAN

CANTON

SWATOW

SHIUCHOW KINOCHOW

We also handle the issue of Bonds

and other Publie Fandia of the Chinese Government bath at Hote and Abrand

NHOU J. CHEN,

Manager

He was an-

as read out by the Chairman, the Company had $8.000 worth of sur- veying equipment as well as plant and other equipment is their varl- ous units such as Nerdle Hill Mine. Products Ltd. and the Jeet Concrete shelter?49,000

On these 21 sites, at the moment none of which you say have been completed. what your estima

tion is the total number of people they would accommodate approximately

200,000.

cab

ilu yom Cons,der What If they :

were all full. that they are in a sufficienBy

to advanced stage helse these 200,000 people for 24! invurst - Many of thein ure.

Would you mention those that are in sit to house the de- cupants for 24 hours" I have to reserve my answer Some may not

ventilation Why! The

shalls may have news completed in

VENTILATION SHAFTS

You hired an air compressor from Kl Lee which you say is

hire did you pay?--I believe $250

for a full month. That is not now on the job.

Whatever you paid to Kin Lee for hire you also got 10 per cent? -Yes.

What was the approximate rent- al for that? -Between $3,000 and $4.000 a month.

Does that apply also to the Hong- machine shop at Hung Hom which | kong Mines Ltd. for renting the were used to make various feats.

drills and grinders, etc., the capit- The Chairman: What is the plantat value of which was $85 000? --- in these units? We hired at Tes various time to carry out tests

The costs of these were paid for we carried by Government 2. -ND. that our as an engleeezing part of the Jub Apart

plant and equipment at these three places, the total value of your plant on the job is $9.500? Yes. with the exception of those which are hired.

ר 1 לי

But your own plant and equip- ment is worth $9,500? I don't un- You know how many of these derstand you because there is also sites have venation shails? I am equipment hired to Government |

by us.

afald i don't

Can you And lial out". Yes. Your answer is that Marsman

On which you also unt 10 per cent?--Yes.

So, according to this type ut contract, it would not be in- correct to say that the CONT'D BACK PAGE, COL 3

NOTICE TO CONSIGNEES

Sume may not have ventilation has plant worth $9.500 but in addi- THE BEN LINE STEAMERS, LTD.

shatis, depending on the sites and¦tion hired some of their own to elevation of the entranto

Do you know how many have ventilation vents worked oy ma- chinery? I cannot give the exact number.

Yes

Government? --- Yes.

CAPITAL VALUE

What 16 the capital value of your plant which you hired to Govern- ment?-$25,650. At times it had

Can you find out? Have you commenced any new been higher than that. tunnels within

last the

two months"-- belleve 80-al Aber deen

This is other than the 21 stes you have mentioned? Yes

At the last hearing we were dis- cussing this question of plant which you had purchased for the job. I think you promised, if my memory serves the right to find out more details about this plant. Have you? I have here a mary of the plant and equipment purchased by us on behalf of Gov- ernment.

31.

suni-

A

What was the highest that you over had?—I will have to supply that figure.

What was the monthly rent-

al paid to you by Government In respect of this plant?--In July last the rental was $800, in June $600, in May $750, in April $908, in March $360, in Februaty $650, in Jan- nary $600 in December. 1949. $400, to November $100. In Octo- ber $450 and in September $350. Those figures are appro- ximate.

What is the total value of theWas 10 per cent, ever charged on equipment?—$269.254.47 as of July these rentals?—Yes, because they

were part of the cost of the job. In October. 1940. roughly So the position again is that month after you exchanged these Government are hiring plant no letters with the P.W.D. you pur-paying 10 per cent of the cost of chased $43,798.13 worth of plant, hire to you"-To the advantage of In November you purchased $18.-Government.

TUR 8.8. "

From LONDON and STRAITS

NONSIGNEES of Oarge are hereby

informed that all Goods are being landed at their rink into the hazardoni and/or extra hazardous Godowns of the Hose KoNG AND KOWLOOK WHARF AND Godown Conzant, LD, whence and/or from the wharves Delivery may be abtained.

No Claims will be admitted after the Goode bave left the Godowne, and all Goods

remaining undelivered after the 12th Sept., 1941, will be subject to rent.

All Claims against the Steamer must be presented to the Undersigned an or before the 19th Sept., 1941, or they will not be

be recognised.

To

comply with the Generi Bonded Warehouse Regulations, consignses must bave a Revenue Officer in attend. ance when damaged dutisble goods are examined

All broken, chafed and damaged Goodr are to be left in the Godowns, where they will be exaxained on the 10th Sept. 1941, at 9 a.tn., by Messrs. Carmichael & Clarke.

No Fire Insurance has been affected Bille of Lading will be countersigned by W. R. LOXLEŸ & Co. (CHINA) LTD.

Agents

724.68, in December $39,667.92, in Does that also apply to the Hong Kong, 5th Sept., 1941.

BANK LINE (CHINA)LTD

AGENTS FOR

ELLERMAN AND BUCKNALL S.S.

Regular sailings for UNITED KINGDOM

NEXT SAILING — END OF AUGUST

AGENTS FOR

THE BANK LINE, LTD. ORIENTAL AFRICAN LINE

[433

SATURDAY, SEPTEMBER 6, 1941. --PAGE 11

P. & O.

Passenger & Cargo Services

to

Suraits, Ceylon, India, East & South Africa,

aud

United Kingdom.

B. I.

Passenger & Cargo Services

to

Straits, Purma & India

E. & A. Passenger & Cargo Services

to

Philippines. Australian Ports.

and New Zealand with transhipment.

For further particulare apply to MACKINNON,

MACKENZIE & CO. Phone 27721.

PRESIDENT LINER

Sailings

Next Sallings

To NEW YORK & BOSTON vi Manila. Singapore. Penang. Colombo, Bombay, Cupetown and Trinidad

Third Week in September

To UNITED STATES Second & Third Weeks in September For further particulats apply AMERICAN PRESIDENT LINES

"ROUND - WORLD SERVICE" AGENTS FOR TRANSCONTINENTAL & WESTERN AIR

AND UNITED AIR LINES

12 PEDDER ST

TEL. 28171.

TRAVEL A.-O. LINE

Το

AUSTRALIA

For particulars regarding Passengers, Cargo and Sailings apply to:--

BUTTERFIELD & SWIRE

Tel. No. 30332.

Agents.

1. Connaught Rond.

BARBER WILHELMSEN LINE

SERVICE TO

BOSTON AND NEW YORK

Via LOS ANGELES & PANAMA

by NEW FAST VESSELS

NEXT SAILING EARLY SEPTEMBER

Taking cargo on Through Bills of Lading for West Africa

(vla New York)

DODWELL & CO., LTD.

Agents,

Totophone 2002).

CO., LTD.

Hong Kong, Bank Building,

(for Maarilina, Reunion, Thwatave, Lourenco Marques, Durban and Cape Porte AS OPPORTUNITY OFFERS

AMERICAN-ORIENTAL LINE

Regular sailings for Boston, New York, Philadelphia & Baltimore

AS OPPORTUNITY OFFERS

AGENTS FOR

KLAVENESS LINE

(PACIFIC COAST-ASIATIC SERVICE)

HONGKONG DIRECT TO LOS ANGELES (in 21 Days) THENCE TO BAN FRANCISCO PORTLAND, ORE, TACOMA, SEATTLE, and VANCOUVER Passenger Accommodation

NEXT SAILINGS. 1ST WEEK IN SEPTEMBER, 1941 and 4TH WILK IN SEPTEMBER, 1941. . (gauing through Be/Lading to Gusy & Arzaurio C'oam with frasshipment ut Fos Anomas by drst opportunity

For Frelgtib or Famage on any of the above lines apply

Telephone 27791

THE BANK LINE (CHINA), LTD.

SUMMER CLOTHES

Women's, Men's & Children's

WANTED URGENTLY

HONGKONG BENEVOLENT SOCIETY Monday & Thursday

ICE HOUSE STREET

10 to 12 Noon,