DAVIS CUP.
ENTRIES FOR AMERICAN
L'
ZONE.
New York, March 9. Japan, Cuba and Mexico have cabled their intention of partiel- pating in the Davis Cup, American
FANLING HUNT.
POINT-TO-POINT RACE MEETING.
Easter Steeplechase Meeting.
4
The programme for the Easter
zone. Reuter's American Service. Steeplechase meeting
CHALLENGE FROM PHILIPPINES.
was
and Colonel Duckworth-Ford
of
"Fanling
National"
"THE HONGKONG TELEGRAPH,
PHILIPPINE INDEPENDENCE.
ECONOMIC FREEDOM FIRST,
SAYS MORGENTHAU.
5:
more
WEDNESDAY, MARCH 10, 1926.
HONGKONG AND SHANGHAI BANKING CORPORATION.
HEAD OFFICE: HONGKONG. Authorised Capital
$50,000,000 $20,000.000
sued and Fully Paid-
Reserve Fund Btarling
Silver -
£ 4.500.000
$27 000.000
$20,000.00
Reserve Liability of Propriators
COURT OF DIRECTORS: D.G.M. Bernard, Esq. Chairm Bon. Mr. A. O, Lang, Duply Chaseman AJ. Plummer, E,
H. Bell, Esq. H. Compton, Esq. T.O. Wosil, Esq. on..P.HI.Holyoak, II. P. White, Esq.
L. Pattanden, Eq. G. M. Young, Eq.
Chief Manager
BANKS
INTERNATIONAL BANKING CORPORATION.
(Owned by the National City Bank of New York).
Capital, Surplus and Undivided
1. 8. $14,000,000.. HEAD OFFICE ;
50, Wall Street, New York. ' LONDON OFFICE 1
36 Bishopsgate, B.O. BRANCHES 1
Madrid Mazzila
Barcelona Batavia
Bombay Calcutta
Osaka Paname
Canton Cebu Colon
Peking
Rangoon
San Francisco, Cal
Dairen
Shangha
Hakow
Singapore
Harbin Hongkang
Tiontain
Tokio
Yokohama
Profita
THE P. & O. BANKING CORPORATION, „LTD.
› (Inetrporated in England · 1237
With watch is afflinșed THE ALLAHABAD BANK, LTD. INDIA, Authorised Capital........... Subscribed and Paid-up.......... Beserve Band
HEAD OFFICE i
160,00
188, Leadenhall London R. C WEST LONDON BRANCH 1 14-16, Cockspur Street, London 8.VWL
EASTERN BRANCHES 11 Bombay, Calentta, Karachi, Mademo, Colombo, Singapore, Hongkong, ▼
Canton and Bhangank
The Corporation undertaks Genera Banking and Exchange Business of every description and is addition to its Branaben has Agencies in 'all the principal cities of the world.
L. E. HOPKINS, Manager.
2, 82, Das Vœux Road Central, Hongkong.
ORIENTAL COMMERCIAL BANK LTD,
A. H. Barlow, Esq. Manager: Shangbai-G. B. Stitt, Eng. - ICNDON BANKERS: WESTMINSTER BANK LTD. CURRENT ACCOUNTS open-Kol
Commercial and Travellers' Letters of ed in LOCAL CURRENCY and FIXED DEPOSITS received for Credit, Bills of Exchange and Cable Current one year or shorter periods in Transfers bought and sold. Local Currency and Sterling on sccongue and Savings and terms which will be quoted on paned and Fixed Deposita in local and foreign currencies taken at rates that may be ascertained on application to the Bank. 60 application.
We are also able to offer our Customers Hongkong, 27th. Feb., 1928
the services of Branches of the National City Bank of New York in the principal countries of South Amarion and in the West Indies
G. HOGG,
portunity, for with Americans guiding their small craft, they are assured of growing prosperity until the time comes when they are cap:' able of maintaining an independent government. It is vital to awaken and educate the Filipino masses to the fact that freedom will come only when they have succeeded in We take the following from Wed- nesday's Manila Bulletin:
establishing a government based on Mr. Henry Morgenthau, United economic independence, and it is at the States ex-Ambassador to Turkey the task of the Filipino leaders to Kwanti racecourse of Monday, and later to Mexico, is conde ao.
DANGER SURROUNDING. Governor General Leonard Wood April 5th, is out. The first race vinced, after careful investigation not has cabled General Frank Me-commences at noon and the last here. that the Filipinos are
inde- "Danger would surround the The events are as capable of maintaining an Intyre, chief of the Bureau of In-lat 4 pm.
pendent Government, and will sPhilippines from the day she were sular Affairs at Washington, D. Gunder
granted independence and it would to submit the challenge of the
Causeway Bay Handicap, for report to President Coolidge.
"Economic independence must be only a matter of a short time Philippine Islands for the Davis Cup in the International Tennis bona fide Polo Ponies, bottom
says the weight 145 lbs. Distance, about precede political emancipation and before the Filipino people, instead Tournament this year,
Filipinos are yet far from that," of enjoying the same rights as w 14 miles.
he said. yesterday in an interview Americans and prospering, would Manila Bulletin, of Saturday,
Open Lightweight Race, catch-granted Manila reporters shortly be playing the part of salves to a It is a known fact The decision to give Filippino'
President world power.
that at least two world powers are racquet wielders opportunity of weight 150 lbs., previous winners before sailing on the facing tennis stars of other nation of Open Lightweight and "Fan-Jefferson for the United States.
States promised watching the islands with "The United 'alities.
reached yesterdaying Nationa!" 10 lbs. penalty.
than fatherly interest." morning at Malacanan when Go-Distance, about 2 miles,
to give Filipinos their freedom
Dr. Morgenthau issued the fol- vernor Wood, Senate President
Open Heavyweight Race, catch-when they showed they were capa Quezon, Director Jorge B. Vargas weight 165 lbs.. previous winher of ble of maintaining a stable govern-lowing statement to the press be
10 lbs. ment," continued Dr. Morgenthau, fore giving the Interview:
"A distinterested observer can't the Philippine Amateur Associa-penalty. Distance, about 2 miles, but it must be admitted that the tion, approved in-principle of sead
Hunt Steeplechase Handicap, local government is everything but
One definition of a stable help noticing that there is being ing a Filipino Davis Cup team to
open to Subscribers of Fanling stable.
sentiment for immediate indepen the United States in June,
Hounds, bottom weight 145 lbs.government is a country into which now created here a cyclone of
foreign capital pours freely and dence. If it bursts it will spend HONOKONO SAVINGS · BANK. Due to the lack of sufficient Distance, about 2 miles.
no foreign capital to any extent is all its fary and do the havoc on the funds in the Philippine Amateur
The Business of the above Bank is United Services Race, open to being invested here.
Philippine Islands. It can't travel.
conducted by the HONGKONG AND Athletic Association's coffers to
"Frankly spanking I cannot see across the ocean and reach the SHANGHAI BANKING CORPORA defray the expenses of the team the Navy, Army and Hongkong
For God's sake,TION. Rules way be obtained on abroad, it was decided to ask play.Volunteer Defence Corps Winner
why the Filipinos want indepen- United States. Any previous steeplechase ers selected to represent the Phi of lippines in the tournament, to bear penalty 7 lbs. Distance, about 1dence or how it would bencft. stop playing with the highest, most applicato EST on Deposits is caloplated them. At the present time they are dangerous explosive ever discover on the lowest badance during sach co- hall the expense, Ometuls of the miles. Catchweight 160 lbs. "
under the careful wing of one of ed, Human Passion. Leave it to pleted Calendar Month at 3 per cent per Federation expressed willingness, The entrance fee for each event the foremost world powers, ea statesmen to settle in statesman-anum. Should there be so balance va An Interstate any day in mouth no interest will be
Howad for that month. however, to reduce the amount to is $5.
joying free trade relations with like
Depositors be shared by representatives
and sharing in the prosperity of problem-and use your ability and,
$100 or more to the HONG. should the proposal not be accep- In all races, jockeys who have
the United States.
Your country is far KONG AND SHANGHAI BANK to be table. Other conditions regarding not won more than five flat-races Adrift from the United States at prosperity.
BENT RATES. qualifications also were laid down and/or steeplezimnes are allowed the present time would be fatal more ready for that than for politi. places on BIXED DEPOSIT at OUR
procal agitation. If you really want
For the Hongkong and Shanghat Bank-business transacted.
A. H. BARLOW, Entry forms can be obtained ducts enjoy a distinct advantage happiness and genuine freedom, ing Corporation.
Chial Manager, select the Davis Cup team will be from the joint Master, Dr. F. aver products shipped by other retain your junior partnership in held soon. Among the players ex-Pierce-Grove, Alexandra
Hongkong, 7th. January 1925. Build- countries into the United States. the United States and don't try pected to enter are Francisco Bar-ings. Entries close at noon
on If the Philippines were given indeto navigate the troublesume seas of redo, Fracisco Aragon, Gullerme Friday, March 26.
pendence, this advantage would be international affairs without a
pilot. Aragon, Gavian, Jason Sanchez
"Statesmanship should supplant and Bolanos, all champions and;
FED UP WITH HOWL
You need not necessarily The number of "ex-champions.
"Speaking as an average Ameri-politics.
Quezon and can, Americans do not want the change leaders. Philippines. They are fed up with Osmena have many of the qualif the homised by Filipino politi- cations that make patriotic ansel-Suver Reserve Fund 700,000 Subscribed Capital. cians who claim the United States) has failed to live up to its promise.
at the conference.
A preliminary tournament to
5 lbs.
players to be sent to the United KOWLOON GOLF CLUB. States will be decided 'later.
MILLIGAN SURPRISES.
い
SCOT RENOUNCES EUROPEAN TITLE.
New York, March 10. Tommy Milligan, the British welterweight champion, has volun, tarily forfeited the right to meet Mickey Walker, for the welter weight championship of the world,
ANOTHER SUCCESSFUL YEAR
manner
Manager.
9 Queen's Bend Central, Hongkong.
THE CHARTERED BANK OF INDIA. AUSTRALIA & CHINA.
(Incorporated by Royal Charter 1853.)
HEAD OFFICE
Des Voeux Bond Central, Hoagkome
BRANCHES BANGKOK-- SHANGĦAL Correspondente: — London:`` Week- minster Bank, Ltd: New York National City Bank; San Franciscoć Union Trust Co. of San Francisco, Oanton Bank.
Authorised Capital ......................88 000 SEL Paid Up Ospital........................ 31,109,069 -
Modern banking in all its branchen Current accounts savings 4000MİN and fixed deposits solicited. Loans granted on approved soordity,
To be cut energy to produce a giant wave of Balance of transler at their option Paid-up Capital....,000,000 | sant, one year 6 per cent,
for the Philippines. Local
lost.
"The Filipinos are overestimat-1
and
fish statesmen,
owing to his inability to make the On that financial side the alert, bat addthough surrounded by Hardinge, become Ambassador in- weight is manager statis" that report records & profit for the vast tracts of fertile land Milligan is, on the same grounds, year of $1.119.43
forests, has got little renouncing his title of European Welterweight Champion, and in futare
THE BANK OF CANTON LTD. Head Office Hongkong. Established 1912
Authorised Capital................. Paid Up Capital......
.£1,200,000 £1,078,000
..£4,000,000
Bosorve Fund Barve Liability of Proprietor 63,000,000
Foreign Exchange and General Banking Current Accounts opened and Fixed Deposita received for 1 year or aborter perlode at rates which will be quoted on Application
A. II. FERGUSON; Manager.
BANQUE DE L'INDO CHINE
HEAD OFFICE:
Overseas banking a speciality, INTEREST.-Current soscunts 2- par cent sayings por cent, Fized Deposita, " 3 months 4 per cent, 6monthe 4.2 per
Bafe Deposita, Bares for Bent. Our Vaulis safeguarded by time clooks and double combinationa Armour plate steal doors.
J, Y. LUM,
Manager.
THE HO HONG BANK, LTD. (Established 1917.)
CAPITAL:
An.horised Capital
$20,000,0
Issued
8,000,000
| Pald-up.
4,000,000
Rezerve llabilities of
Shareholders
4,000,000-
Fra. 72,000,000.00
96, Boulevard Haumann, Farts.
BRANCHES:- Cmotoa, Shanghai, Paid Onpital........ Hanow, Siow, Bangkok, New York Reserves Fond and San Francisch
CORRESPONDENTS in principal |
Backor the World, oilies f
LONDON BANKERS: The Lloyds Battambang
Canton , Mongise Bank Ltd.
Every description of Banking business Djibouti
Fortbayard Haiphong" Hokow
transacted,
Deposit Boxes to let.
LOOK POONG SHAN,
Chief Manger.
Frs. 68,400,000.00 Fre. 59,667,283.64
+
Pondicherry
Bhanghai
BRANCHES
Hanal Hongkong Balgon
Singapore
Tintein
Nocea
Карбон
Peking
Prom Poob
BANKERS:
Tourabe Yunnanfon
In LONDON-The National Fro
vincial and Union Bank of England, Ltd: Comptoir National d'Escomple de Paris, Credit Lyonnais.
"What you must do is, to change The second annual meeting of the Kowloon Golf Club is to be and the average point of view or methods, your trend of na- Have intelligent held in the Central British school why keep on spending more m-tional thought:
The lions on an ungrateful, bigoted na- peaceful deliberation supplant ex- on Wednesday, March 31.
nnual report shows that the Club tion, which does not want our as titing unproductive agitation." now has 159 ordinary members sistance?' and a total membership of 178.
London, 6th February.The The committee regrets to record
of three members ing the importance of politics in) the deaths
atiempling to get their freedom Dispatch says; Lord Reading is
In FRANCE: Comptoir, National They were during the year.
d'Escompte de Paris; Crodit THE BANK OF CHINA.
Lyonnais; Banque de Paris at des Messrs. T. Meek, J. H. Kynoch while badly neglecting the "econ-not inclined to re-enter politics Jomic side of the question. The when he returns to England, but
Paya-Bay Credit Industria) et and J. H. Oxberry.
average Filano is capable and may, like his predecessor Lord
Commercial; Societe General. (Bpecially anthorized by Presidential Paris. Only now is it possible to Mandate of the Republic of China on the effort inappreciate the services. Lord End of November, 1917.)
Reading hus rendered during his
$66,100,000.00 $18,278.600,00 term of oce, says the Observer. Authorized Capital..
Paid-up Capital' ............ The results of his finely judged are Funds
9,679,476,24 If the Filipitos want their..in combination of
HEAD OFFICE: PEKING. HONGKONG BRANCHES ! suggested alteration of memb-dependence as hal as they seem a firmaess are apparent to all, ship, making it open to "resident" they should co-operate with the Under him' India has weathered and "sen-going" members. "sea: United States instead of driving the worst of her economic and going" members being officers at foreign capital out of the islands, financial difficulties and the tidal men of the Royal Navy and
a fai example being when Fire swell of political unrest hay Mercantile Maring,
stone attempted to invest in rubber passed. None of his predecessors tands recently. Until they ra had a more difficult choice from the economic standard which will day to day between patience and d
Time has proved his York action. permit them to rut Joose, Lhe
judgment. He has lived through Filipos should stick to the Uniteri desperate years and seen his States and be thankful of the cp-
works through to fine conclusions.
At the annual meeting altera.placing his country on a firm econ- him-tions in the articles of associationomic basis
confiring is self to the middlewight class-will be proposed, one being a Renter's Amerion Service,.
HOME FOOTBALL.
London, March 9. Playing in the Scottish Lengue, Celtic defented St Mirren, by sixi goals to one-Reuter.
LAWN TENNIS.
YESTERDAY'S TOURNAMENT
RESULTS.
-Seven matches were played off yesterday in the Hongkong Cricket
GOLF.
ADAMSON CUP FINAL.
The final of the Adamson Cup |(1925) competition was played at Happy Valley on Sunday last bel tween J. Stewart (15) and C.A. Grimes 424), the former winning by two up and one to play.
Clab tournament, the results being Walter Hagen Bents Bobby Jones.
as follow:
Man-kit
Open Singles.- Yew bent W. J. Howard 7-5, 6-2, 6-4.
Clab Championship.-D. S. Green beat. T. Monaghan 6-4, 6-4, 6-4.
Handicap Singles "A." G. w. Sewell (owe 15), beal T. C. Hamp- ton (1/6) 6-4, 6-3.. B. D. Evans [owe 1/6) beat W. W. Pratt 031/6) 6-3, 4-6, 7-5,
Handicap Singles "B."-R. L Moncrieff (15.2) beat P. E. Barker (15) 6-4, 6-3, W. M. Lyons (owe 15.2) beat J. W. Frankя (3/6) 6-1, 6-2,
Handicap Doubles.-Baines and Coxon (ow: 8/6) beat Nowers and Pendered (owe 3/6) 2-6, 8-6, 7-5.
RACE MEETINGS.
DATES FOR THE "EXTRA" SEASON,
The Hongkong Jockey Club advertise a provisional, Hat of dates upon which extra meetings will be held this season. There are five altogether, the first being on April 3rd. and the last carly. in', November.
St. Petersbaug, Florida, March 9. In a seventy-two holes golf match for the unathicial" American championship, Walter Hagen beat
12 and 11, Bobby Jones, by Reuters American Service,,
EXCHANGE RATES.
Rugby, March 9. To-day's exchange rates are as Toltow:
Poris Brussels Amsterdam Berlin Copenhagen Vienna Helsingfors
Lisbon
Buenos Aires
133% 107
.12.12.
20.41
.18.74
.34.50
1024
.24
46%
Shanghai
Yokohama
New York
Geneva
Milan
.121
Stockholm Oslo
.18.12
22.12
Pra
Ilo
Bombay
Hongkong Silver (spot and forward) 80% British Wireless.
Case
BREWERIES
restraint and
The Man who
Appreciates Something "A little Better" Always asks for CASCADE!
The distinctive flavour, its purity and healthful properties appeal to men who know.
Not the cheapest beer on Ithe market but "The Beer without a Peer"
4, Queen's Road Central. Branches and Sub-branches all over China and correspondenta in Europe, America and other parts of the World.
LONDON BANKERS-The National
Surplus.....
825,000
HEAD OFFICE :-SINGAPORE. Branches, Agencies and Correspondente in the principal cities of the world.
Every description of Banking sad Exchange business transacted."
H.L. HUANG
Manager.
THE YOKOHAMA SPECIE BANK LTD.
E-Lablished 1030.
Capital (fully paid up)....... 100,000,000 Reserve fund
Y. 83,500,000. HEADOFFICE :—YOKOHAMA.. Branches and Agencies at
Betavis Bombay
Kóbe
Semarang!
London Sperabaya
Rangoon
Buonos Ayres Lyons
In NEW YORK:-J. P. Mirgan & Co.
Calcutta Interest allowed on Current Account Canton and Fixed Deposite sccording to arrange. | Changchun
ment.
Every description of banking and exchange business transacted,
A. LECOT,
Manager.
Dairen
(Dainy)
Fengtion
Muk den
Hamburg Hankow
Honolulu
ASIA Horbin
LIMITED. Provincial and Union Bank of England THE BANK OF EAST
The Guaranty Trust Company of New
HEAD OFFICE-HONGKONG. NEW YORK BRANCHES-The 10. Des Voeux Road Central, Hongkong,
The Equitabloi Irving National Banker.
Authorized Capital Pald-up Capital . Trust Company of New York.
Interest allowed nu' Current Accounte
Reserve Fund (1026)- and Fixed Deposits. Terms on applica-;
DIRECTORS tion.
Every description of Banking. business transected
Loans granted on approved securities. Special facilities for Home Exchange.
TAŬ YEL PEL, Manager
行銀工法中
BANQUE FRANCO-CHINOISE pour le
Commerce et L'Industrio (Incorporated in France).
5, Chater Road, Victoria, Hongkong. HEAD OFFICE:
74, Rue St. Lazare, Paris.
Fra 20,000,000, Capital Reserv ----------.............. F'rs.1,160,000. Special Working Capital Frs.50,000.000.
BRANCHES
Paris. Lyons, Marseilles Baigan, Haiphong, Hano" Peking, Shanghai, Tiontein Canton, Hongkang.
BANKERS.
FRANCE-Societe General Banque Nationale do Credit, Banque de Paris-et des Pay Bus.
LONDON: Midland Bank Ltd. NEW YORK-Irving Bank, Columbia Trust Co.
Every description of Banking and Exchange Business Tranocted. Corre- spondents throughout the world..
A. ROLLIN,
Manager
Before You Advertise COUNT THE "TELEGRAPHA".
Everywhere
$10,000,000 5,000,000 1,200 000
Hon. Sir Shou-Son Chow-Chairman Bung Ping Shan
Li Koon Chu
P.K. Kwok
Ng Ching Luk
Pong Wai Ting
Mok Ching Kong Wong Yun Tong Huyuh Tal
Kau Yan Po
Chan Ching Shek
Every description of Banking and
Exchange business transacted-Loans.
granted on approved securities.
SAFE DEPO612 BOXES to Jet.
4
KAN TONG PO
Chlef Managor, Hongkong, Bth February, 1026.
NEDERLANDSCHE HANDEL MAATSCHAPPIJ.
Kai Yuan
Los Angeles San Francisey - Manila
Seattle
Nagasaki Shanghini Nagoya Singapore
Newchwang Shimonosek Onya
Sydney
New York Tisnisin
Peking
Rio de
Janeiro
К
Karachi
Bagoo,
Tokyo
Tainants
Tringtau
Vladivostock.
Intereal allowed on Current Accounta Depozita received for Exed periods at rates to be obtained on application
Mr. O. ALMA, Manager.
Hongkong, March 11th 1925
T. NAKAO Japanese Shoe Expert. TORTOISE SHELL „BOXES and CASES A SPECIALITY
Astor House Hotel Building, Queen's Road Central,
(Netherlands Trading Society), BANK.
Established 1824 Hongkong Branch established 1906. Authorized Capital Builders...150,000,000 (812,500,000) Paid-up Capital Guilders 80,00,000
Ataman Semionov, in company (6,665,670) with his wife, appeared in Tokyo Reserve Fund Guilders 20,636,861
READ OFFICE —AMSTERDAM.. Eastern HEAD OFFICE-BATAVIA.
BBANCHE Bandjermanin Kota-Radja Rotterdam Bandeeng Bombay Calentt Cheribon
Macan Simorang Medan
Padang
Shanghai Singapore
(8 1,711,405) quite unexpectedly on February Special Reserves Quilders...... 22,660,000 8, The Ataman is still in pursuit (21.88,330) of an illusivé Y.6,000,000 in gold bullion, which he claims from one Mr. Kuroki, and for which he insists there is a witness and evidence to prove his ownership.. Ataman Semionov is quoted to have stated that the Russians are now suffering from a despotic administration much worse than Tsarism, that they have entirely lost their religion, but that he himself is no longer able to fight the Soviet Government by arms. The Ataman is determined to save his fellow nationals by moans of religious and good thoughts. When the Y6,000,000 `is recovered, he will carry. OB
business at Nagasaki,
Felembang Boersbals Djember
Pecalongan Boerakarta:Bo Djokjakarta Perang Togn! Kobe Pontianak Tilatjag and The Hagus
Bangoon Weltevreden London Bankers-National Provincial Bank, Ltd.
Correspondents all over the world, BANKING BUSINESS OF EVERY DESCRIPTION.
́J, C. MAASSEN,"
Acting Agent.
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