1937-03-23 — Page 22

10

THE HONGKONG

TELEGRAPH. TUESDAY, MARCH 23,

1937.

BANKS

KONGKONG AND BELANGUAI

BANKING CORPORATION..

Iwed and Fully Pald-Up

Authorised Uxpital kera

150,000,00€ 120,000,000

£ 1,400,000

Reserve Fundo 2→→

Burling...

Hongkong Currency Reserve. $10,000,908

merve Lisblity of Proprietors

120,000,000

HEAD OFFICE-HONGKONG,

BOARD OF DIRECTORS —

a. Miskin, E.,

Chairman,

M. T. Johnson,

Depoty Chale

ag

J. K. Dosadeld, FK. R. Morrison, Eau.

A. 1. Compton, Esq., Hun. Br. J. J. Paterson,

Hes. Mr. B. II, Dodwell, T. E. France, Fad..

J. R. Masson, Fag. A. L. Shields, E

AMOY

BANGKOK

HATAVIA

JOMBAY

V. M. GRAYBURN E.,

CALOUTTA

CANTON CHEFOO COLOMBO

DAIREN FOOCHOW

HAIPHONG

HAMBURG

KANKOW

HARBIN

HONGKEW ILOILO

IFOR

JOHONE

КОЛЕ

KOWLOON

QUIEF MANAGER.

BRANCHES

KUALA LUMPUR

LONDON

LYONB

MALACOA MANILA

MUAR (JOHORE) MURDEN NEW YORK

PEIPING PENANG ILANGOON BATCON

BAN FRANCISCO BRANGIAL

BINGATORE BOUBABAYA

BUNGEI PATANI TIENTSIN

ΤΟΚΤΟ

TRINGTAO

YOKOHAMA

Current Accounts opened in Local Currency and Fixed Deposits received for one year of shorter periods in Local Currency and Starting on terms which will be quoted on application.

ALSO up to date SAFE DEPOSIT BOXES in various sizes TO LET.

Hongkong. 1st March, 1987.

HONGKONG BAVINGS BANK.

The Bulnem of the above Bank is con Jucted by the Honghong and Shanghal Bank- ing Corporation, itales may be obtained on application.

FOR THE HONGKONG AND SHANGHAI BANKING CORPORATION,

V. K. GRAYBURN,

Chit Mangan. Hongkong. at March. 1937.

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

Incorporated by Hayal Chaetor 1861 HEAD OFFICE-LONDON,

Fald-up Capital

Reserve Liability of Propristors.. Ileverse Fund

43,990,000 $1,000,000 KK,000,00

ALOE STAB

BAIGON

AMRITSARt

BEBARANG

BANGKOK

AGENCIES AND BRANCHES,

BATAVIA BOMBAY CALCUTTA CANTON CAWNPOILE

CEDU COLOMBO DELBI

HAIPHONG

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ILOILO

1101

KARACHI

KLANO KODE KUALA

LUMPUR KUCHING. MADILAS MANILA

MEDAN

NEW YORK

PEIPING

'klag)

PENANG

HONGKONG RANGOON

BEREMBAN BHANGHAI J' SINGAPORE" SITIAWAN SQURABAYA TAIPING TIENTSIN TONGKAN

(Bbuket) TSINGTAO

YOKOHAMA ZAMBOANGA

Forslan Exchange and General Banking

business transacted

opened

and

Fixed

Current Accouste Deposits received for one year or shorter periods at rates which will be quoted on application.

The Bank's Ifend Omes in London under- takes Executor & Trates business, and claima recovery of British Income Tax overpaid, on terms which may be ascertained at any of its Agencies Branche

THE YOKOHAMA SPECIE BANK, LIMITED,

Capital (fully pald-up)........ Y.100,000,000 Reserve Fund... Y.182,850,000 NIKAD OFFICE: YOKOHAMA. Brancher and Agencies at

Siinko ———Karachi—---—-Jensira ----

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In Angol

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lionstula

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Ito de

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NAKOTA

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Onka

Bourabaya Hydney. Tinkla Tainglas Tokyo Yingkow

l'arls Telping Rangoon Interest allowed on Current Accounts, Deposits received for fixed periods at rate

7. KANO.

to be obtained on application,

Hongkong, 19th Birch, 1937.

Kabarer.

OFFICIAL SOUVENIR

PROGRAMME

of the

CORONATION

OF THEIR MAJESTIES

KING GEORGE VI

QUEEN

and

ELIZABETH

ON SALE FRIDAY, APRIL 23rd

PRICE

$2

Dy Gracious. Permission of 27la Majraty this.

· Programme ja tarned by King George's Jublimé

COPIES MAY NOW BE ORDERED 'FROM 'ALL NEWSAGENTS PA BOOKSELLERS

WHEN AT HOME

Hongkong Telegraph.

MAY BE PURCHASED

AT

SELFRIDGE'S

“TELEGRAPH'S" NEW FILM SERIAL

"Lloyd's of London" is a film which is shortly to be presented at the Queen's Theatro. To-day appears another instalment of the full story of the episodes in the life of the great-corporation on which the film is based. It is a narrativo of much intorast in itself and is appropriately made public at a time when the presentation of the film in Hongkong is soon to be made.

LLOYDS OF LONDON!

WHAT HAS GONE BEFORE: Jonathan Blake, sventthy and daring young member of Lloyds of London, tăsurance association, dooply in love with beautiful Lady Elizabeth Blacy, whose hus- band, o dissolute nábleman.who marriot her in anticipation of her inheritance, la the despland

of Jonathan and his pat John Angaraloin. Lord Stacy han consented to allvorca, pro- vided Lady lizabeth will sign over her inherited fortune. At that point, a series of sinkings by Napoleon's fleet puta Jong- than on the verge of bankruptcy to insurance claims, and Jun Lady Eltzabeth decides to invest har fortune in Jonathan's syndi eate. Jonathan returns to Lloyda, there to face the acrimony of fel low #ambere in the syndicato, who blame him for their losses.

Chapter Seventeen

THAT night Jonathan dined at John Angerstein's house with the other members of the syndicate. It was a dour meal, for all of the members, with the exception of Angerstein, were incensed at the attitude of their young chairmad. During the meal no business was incunged, but with the advent of the port, Angersteln opened the dia- eussion by inviting suggestions an to the future operations of the myn- dicato.

move, taid one old malcon- tent, "that we elect a new manag ing chairman of aur syndicate. should like to aco you, Mr. Anger- utojn, take up the relna of power which, some years ago, you passed to Mr. Blake, who to iny way of thinking, has proved himself singu- larly matted for such responsibli- ity."

PETER BKYNE

The story at the 20th Century Fox picture Hunterli Madeleine Castall and Prudae), buriholomes

Tyrone Powai, Sit Guy Standing and C. Aithras Salih

"At the old rates, Jonathan "No, sir. At ans par centum lesa

the worst that is might have to without simielent funds to carry on, go out of business, the business of offer. In a sudden urge of dislike did I not suspect that, in sa auroit-financing for double the sum all the for those ancient paltroons he said: ly: prying our late associates out of syndicaten of Lloyds put together "I must know where I stand and your way, you have done ad to lot ever wore capitalized for, will bo I must know here and now. There somebody also in and insure your carried on." must be na equivocating. I shall calf freedons from carping criticism poll the company. Bir John Craven, and a free hand." The gallant old do you resign from the syndicate?" eport (who was novonty-dve if bothan the old toe. I have declari "I do, Air" Sir John bristled like was a day), roiled a bread crumb, war on the old men. I will not per- "Jonathan," be murmured plain-mit their short-sighted polley, to a Aghting cock.

One by one Jonathan put the tively, "I find myself growing daily ruin Lloyd's" question and, because human beings more and more out of sympathy have a sheep-like quality and tond, with the opinions and prejudices of Inevitably to follow a Arm leader, old ment"

He poured a small glass of old whether that leader be right or wrong, one by one each memberi tawny port for Jonathan and an- wished himself out of the syndicate. other for himself. He sniffed it, ho Hind old Sir John Craven shouted: held it to the light and gazed upon ed a traitor." "Ne, by gad, sir. I most emphat-it, he took a mouthful and rolled ically do not reglan," the others it around in his oral cavity until merchants. would have been equally omphatic ovary gland of tasto had find andocan't enter into it, except indi- opportunity to sasimilate It. "Dread-rectly, because it dosen't, under- and refuse to resign,"

"You will take away from the other syndicates all of their buss- nos,

That," Jonathan smiled, "le the gist of my plan."

"You will be hated, raviled, laboi- -

"But not by the shipowners and The body politis

"I had an idea you would all re-ful bid oreatures he declared after stand anyhow, that in a sense, this sigh rather than submit to my swallowing. Eight out of the dazen is being done for England. The Ad- leadership-my dominance in what smoked before the part was servod fustment Committee hold a meet- you call it now. Well, those who The ancient idiots would have done ing today and decided not only to tamely submit to dominance will, in-so even bad I had the bad taste to stand by the new rates, but in ro evitably, be dominated. I have here brag and tell them that this Old fuse to meet again with the Ship owners and Merchants Committee an agreement between the syndi Tawny is an old as I am.”

Jonathan roared with mirth. He to discuss the possibility of lower ente as a whole and its individual

CORUM, LEAN -

The sentiment expressed by the fint speaker can around the table like a grass firo, only John Anger- stein falling to voleo the popular verdict. The leadership of Jong- than Binks, the latter insisted, "has been wise, daring, and very profitable, because it was not con- servatively limited to fields alrendy cultivated for a century and more. Until this great diaster, which has fallon upon our syndicais no more "hunvily Tinderú, not quite heavily. considering the number and extent of our risk) than it has upon other leadership syndicates. Jonathan's was acclaimed an little short of in- apred, I have observed, during long and fairly activo cárear, that in victory the tondor is a hero, In defent a roscat, I shall not accept the leadership of our syndicate. I am too old for that. I have had my members; this agreement embodien loved this gallant old man, "I re-jing them. Tomorrow the Ship- day. And I am unwilling to accept your formal resignation and aban-solved to get rid of them, air, to owners and Merchants Committee the leadership of any man hora ex donment of nil cinime to participate make room for a new member who will meet and resolve to boycott cept thint of Jonathan Blake."

entrust five million every syndicate in Lloyd's with tho In prents of the syndicate from wishes Jonathan surveyed the sour faces this day forward and acknowledges pounds sterling to, my unable judg exception of the Augersteln syndi of the company and laughed lightly your pro rata of responsibility for ment. I belleve in fanovations, air cate

Jonathan's gianco sought the "I am still the managing head of all losses that may be sustained on England, I have often thought, le this syndicate and it apears to me policies wiltten up to and including too Armly wedded to traditien, Notable in a faraway look. He was that an destined no to remola, today. Our chartered accountants woman has ever been a member of assing a vision. "What a business since none of my follow 'members have figured the amount dus cash an underwriting syndicato at we will do," he muttered. "In that h more than a sketchy knowledgo realgning member-the amount re Lloyd's. This is not fair. ir, be tremendous volume of now busines edge-of-this-business-in-which-betained-from-his-original-investment good enough to join me in a toust at lower raten we will, within a year has invented. None of you has the to meet possible losses deducted to our new associato--Lady Eliza-bericlier than we were before the West India convoy fell foul of the ability to function in my job, so I from the amount of said original lo- both Blacy.”

So they signed, and, lasing done so, one by one they rose, bowed liko slately old owls to John Angersteln,

and Ignored Jonathan completely,

..

to

Invite those who have lost faith in (vesimeat. To each agreement I now Perfect gentleman that he was, French fleet, And I hazard the sug... my leadership to resign from the present to each of you and ask you John Atarstein daly drank to Lady gestion that long before that period syndiente, withdrawing whatever to sign, you will find attacked, under label Stacy. Then he set his has elapsed, Horatio. Nelson will capital you have left after provid.their seal, the cortified statement of glass do Armly and gasped 80 have destroyed the French fleet and ing funds to meet your share of the firm of chartered accountants Stacy's it last! Well, Johathan, recaptured all of those prizes taken- by the French of the Azorea. Wo Impending losses. It is probable who have examined the accounts of hand me one of these argreements will be the first to pay our losses that some of the shipa now reported of the oyndicate, together with a to sign. I'mJöst. Sorry!"

arising out of that incident. If, sunic or captured, made a run for check on our bankers for the "But Stacy la not la. He doesn't inter, the vessels are recaptured even know his wife is in. She will they will be the property of the shortly sue him for divorce upon syndicates that insured them, and the grounds of adultery and she we'll sell them back to their original can prove her case. When tho, de-owners testable Stacy is out of the way

He came around the table and this charming, gallant whole placed his arm around old John's

"Jonathan"

it and undo good their escape. It amount, due you at this time. Mr is a habit of men to exaggerate Angerstein' butler will provide great national entuelyamı." dead in a briek battle may numbor natures,"

The pen, ink and sand to blot your big a thousand but frat estimoles al- ways place the number at ten thou Iris innolence his cold, calculat- sand. However, we must provide infpirit. bis-well, insolence in to meet probable dossos on all daring to predkt so unerringly thearted lady is to be my wifo. bent shoulders. "Why, wo'vo per- mited ourselves to be stamped, riska written to data; as thoan what their reaction would be, still ris expire without lossen being further incensed the old men. Auch "He was out of her affections be John, old partner," he cried exul- claimed, or expected lounas fall to Smart Alechs, they told themselves, fore Elizabeth and I met, air. Itantly. “Wo got ao close to tho materialize, the funds thus saved were not to be trusted longer, I have not played the role of the woods we falled to see the troos.. will, of course, be paid over to the deed, they were amazed at them wrecker of a hitherto, happy home. We never were bankrupt-never re-, original subscribers."

Talvey for over having trupled him; nor did I ever nuggest to Lady motaly in danger of 'It! Horatio In the silence that followed heat alif So they rigned and, having Stacy that she divores her husband, Nelson will not let England down felt the cyclorama of dinliite and done one by one they rodo, Under your Lutelage I have, I think, if we refuse to let her down, too. distrust that surrounded him. The bowed like stately old owie to John air, learned to be a gentleman." Hero, sir."

Angerstein, thanked him politely men, he knew, did not realize. how for his splendid dinner, ignored I do not like the idea of a wo He filled their glanson with the seventy year old taway port and unjust was their attitude; only war. Jonathan and said goodnight. When an in the syndicate." kindly old John Angerstein was births last of them had been ushered dicate would be wiped out, sir. In "I give you, sir" Jonathan cried, "Obe more disaster and our gyn- | stood up. Old John got to his foot. enough to be fair and sportmanlike to the door by the butler, John deed. because of its recently im-Admiral Horatio Nelson, my boy- In the presence of Anaticlat rain In Angerstein said: his old ago..hese other old men-

nored high premium rates, Lloyd's hood friend and the hops of Eng- woll, they wore merely old men.

"Well, my boy, you and I now itself is "tottering on, the brink of land. God bless him. He will keep with the courago, and resillenen of constitute the oldest and most laruin. In the process of not letting the faith! lessor yeara gono out of them fluential Byndicate doing business England down I have accepted of

he hoped that if he lived to be an in Iloyd's Board room. I should feel Lady Staev'e financial aid in order old an Methusaleh ho still could rather alarmed at finding myself a to be amply financed to this extent meot, amiling, unafraid and denant, Inamber of a two man syndicate that, when the Lloyd's syndicates

Canadian Pacific

Tranı-Pacific Empress of Japan .Empress of Canada Empress of Russia Empress of Aslą, „

Trans-Canada The Dominica Soo-Dominion Train, 2

Trans-Atlantidy Empress of Britain -Empress of Australia Duchess" bi· Atholl Duchess of Bedford Duchess of Richmond Duchess of York Montcalm Montroses Montclare

Information from Telephone 20752

EMPRESS OF RUSSIA

sails for VANCOUVER

via SHANGHAI & JAPAN

at 6 A.M. — FRIDAY APRIL 2nd

SHANGHAI

Southbound

2011 Oustury-Fox Film Corp.

(To be continued)

HONGKONG -- CANTON SERVICE

N... A.

Northbound

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Pres. Lincoln Pres. Coolidge

· 8.00 am. Apr.

Noon May

་

TO SEATTLE, VICTORIA "THE EXPRESS ROUTE"

Via Shangbai, Kobe and Yoko hamn.

24 Pres. Grant/

18 Pres. Jackson

21 Pres. Jefferson

1 Pres. McKinley.

8.00 am. May -19 Pres. Grant Noon Juro 3 Pres. Jackson

EUROPE, NEW YORK AND BOSTON

Via Manila, slagapore, Penang, Colombo, Bombay, Suez Canal, Naples, Genoa and Marseilles Pres. Adams Pres. Harrison Pres. Polk

Pres. Pierce Pres. Van Buren Pres. Garfield

26

Midnight Mar Midnight Apr. Midnight Apr. 23 Midnight May Midnight May 21 Midnight, June

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61Pres. Polk 8.00 a.m. Juno

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THE

PEDDER BUILDING-TONG KONG.

CANTON BRANCH:—21, FRENCH CONCESSION.

SWEDISH EAST ASIATIC

M.S. "SHANTUNG"

M.S. "CANTON"

28th April

28th May

HONGKONG to

ANTWERP

£54

(Excellent accommodation still offering for a limited

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224

Agents:

GILMAN & CO., LTD.

G. E. HUYGEN,

Hongkong.

Canton.

OUR BRITISH CROSSWORDS

ACROSS

136

1 Put tunic on test in an elemental

form.

9 Thus cach may be made to

suffer.

10, Circulpted.

11 The first of 10 and the last of 25. 13 Put more by to make a start.

15 American biscuit popular in

England at Christmas.

16 Fitted.

17 Have you noticed this molodious

sound made by trains?

20 Fall river, "

∙10

over head first. :-

21 Breed of dog.

23 Pen.

Wod. Fri. Sun. 24 An actress may hold it at a

ro-

hearsal, even though it has a

tear in it.

27. What overy Roman emperor was.

until ho, reached manhood.

28-Its crew consists of printers who

as well as being press-

20. If it's this it comes natural..

7 A genus of moth found among

sing.

8 I enter and croon to make a

preliminary examination

12 A mental state in which move.

ment is necessary,

14 Ain't Cal fast, as well as being

wild?

15 A

paper

this

Isa't paper. 18 Pleased to be gone.

22 The boss of Mount Olympur. 25 There's a piece of a Zepp, in this

English river still.

26 A plan that simply puts

edge.

mo

on

27 Would you say he was a super- lative prior? He's not pro- nounced like one, anyway,

30 There's a lot to be seen in this

seaside town

31 Just fancy that

Yesterday's Holation,

UAKE.

PERUR M

NOCTOB

Tue, Thur. Sat:-*

Station

6.30

EMPRESS OF RUSSIA

8.45

10.25

Ly. Lv

SHANGHAI: Wenchow

15.45

13.50

Foochow

LV.

12.10

sails for MANILA at 5. P.M.. FRIDAY, MARCH 26th,

11.55

Lv.

Amoy.

13.15

Lv. Swałow

10.40) 2.9.20

•

compose,

men.

LEV

15.05

Liv.

HONGKONG

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7.30

32 Judge comes back to make a re-

ward.

15.45

Ar. Canton

6.30

83 less, a couple of twos.

EAN

34 A friend indeed, especially at

last.

30 Cleaned tiris (anag.).

ARM

DOWN

ON

3 Honeal, though in the past not.

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4 Lead

5 They used to be called sweet-

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19.1

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2:Outermost margins.

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P

T B