THE CHINA MAIL, FEBRUARY 5, 1937.
Japanese Plans For Manchukuo✨ BANKS
HUGE ECONOMIC
DRIVE
CHINESE BANKS SEEKING LOAN.
A gigantic economic plan in Man- chukuo costing 1:2,804,000,000 in five Negotiations for a $5,000,000 loan years is being pushed by the Man-which were first started in October chukno Government and the Japanese last year but were later dropped ou -authorities in that country.
GENERAL MOTORS
SALES
Second Highest On Record
General Motors Corporation report-
HONG KONG AND SHANGHAI BANKING CORPORATION
Issued and Fully-Paid-up. ,000,000
Authorised Capita
Reserve Funds pa
Sterling..
Hong Kong Currency:
Reserve
**
$50,000,000
6,500,000
$10,000,000
ding to Dairen message to the ing to the reorganization of the prowled sales to consumers in the United Reserve Liability of Pro-
prietors
.$20,000,000
HEAD OFFICE: HONG KONG. BOARD OF DIRECTORS. Hon. Mr. J. J. Paterson.
Chairman:***
G. Miskin, Esq., Deputy Chairman.
A. H. Compton, Esqu
3. B. Masson, Esq.,
S-Morrison, Esq.,
A. L. Shielda, Esq..
V. M. Grayburn, Esq.,
Chief Manager
BRANCHES --
as the plan has now been vincial government, will be resumed
second highest on record but & representatives of the Man by the Chekiang authorities, it is States for the first 10 months at the Government and the Kwan learned.
material drop in October totals. tung Garrison will shortly visit Tokyo
Mr. Cheng Yuan-fan, Commissioner For the first 10 months sales to con- to seek an understanding. The plan of Finance for Chekiang is due to ar-sumers in the United States totaled may be summarised as follows: rive in Shanghai shortly to discuss 1,391,189, compared with 1,396,612 for 1-Relative to the SM.R. Company. terms with the Bank of China, Bank the corresponding period in 1928, the A-Heary industries; a-Liquid of Communications and other financial record.
Sales of cars to consumers in the Hon. Mr. S. H. Dodwell, T. E Pearce, Eng. Fael industry Y130,000,000, b Coal institutions. industry (increased production of In July last year, a loan of $4,000,-United States totaled 44,274 in Octo-M. T. Johnson, Esq 15,000,000 tons) Y160,000,000, <-Iron 000 was obtained by the Chekiang ber, compared with 85,201 in Septem- industry (increased production of Provincial Government from the Bank ber and 68,566 in October a year ago. 3,000,000 tons) Y.189,000,000, 4—Alu-| of China, Bank of Communications It was explained new models were a mininin industry (increased produc- and the Chekiang Provincial Bank at little later in getting into the hands tion of 15,000 tons) Y40,000,000.
an annual interest of 10 per cent, and of dealers and the public this year, which accounted for less favourable BTraffic a Constraction of new for a period of six years. railway lines, FI80,000,000 -Renova-
comparisons.
October sales to dealers in the tion of old lines and Undecided
United States and Canada, together with shipments overseas, totaled 90,764, compared with 19,288 in Sep- tember and 127,054 in October a year 2go.
G-Others:
harbours.
SIM.R's outstanding
schemes, Y516,000,0000.
Of the Y1,195,000,000 total, the S.M.E. Company is to defray Y900,- *000,000.
2 Relative to the Manchukuo GoT- ertiment.
barley,
A-Agriculture: a-rice, Wheat, Soya beans, flax and cotton, bsheep raising, horse breeding, etc., Y150,000,000.
E--Heavy industries:
By
a-Electric
MANILA MINING
COMPANY
Acquisition Of New Property
Severino
in the United Sales to consumers States for the first 10 months of 1935 totaled 1,019,939.
Sales to dealers in the United States totaled 69,334 in October, compared with 97,746 in October a year Sales in September were 4569.
ago.
Sales to dealers in this country for the first 10 months increased to 1,329, 488 from 1,073,075 for the same 10 months of 1935.
commission.
The
AMOY BANGKOK BATAVIA BOMBA
CALL CAN
POOCHOW HAIPHONG
HAMBURG HANKOW HARBIN HONGKEW
BILOILO
IPOE JOHORE FORE
KOWLOON
KUALA LUMPUR. “
LONDON.” LYONS MALACCA MANILA MUAB (Johore) MUKDEN
NEW YORK.
FELPING PENANG RANGOON SAIGON SAN FRANCISCO- SHANGHALAN SINGATORE SOURABAYA SUNGEI PATANT THEANDSIN TOKFO TSINGTAO YOKOHAMA
Current Accounts opened in Local Currency and Fixed Deposits zeosited, for one year or shorter periods in Local Company and Sterling on terms which will be quoted on application.
ALSO up to date SAFE DEPOSIT BOXES is various sizes TO LET.
Hong Kong, 24th February, 1936.
HONG KONG SAVINGS BANK
*
The Business of the above Bank is conducted be the HONG KONG AND SHANGHAI BANK ING CORFORATION. Rules may be obtained on application
FOR THE HONG KONG AND SHANGHAI
V. M. GRAYBURN, BANKING CORPORATION.
Chief Manager. Hong Kong, 4th February, 1938.
industry (generation of 800,000 kw. of hydraulic power) Y150,000,000, b
B. Alberto, president of Coal mining and hydrogenation of the Acop Gold Mining Company. Inc., coal Undecided, c-Aluminium in- Manila, reported to the stockholders of tunnels have dustry (as already quoted), d--Muni- the company that new
MAMBULAO MENING CO. tions, motor cars, etc., Y150,000,000. been dug in the claims of the company
Three The Mambulao Central Mining Com- C-Engineering: Road building for the month of December. (56,000 kilo), b-riparian Y130,000,000. | tunnels are being worked out and pany of Manila, which is capitalized at are employed on P1,500,000, has been granted a permit Of the foregoing schemes, the Man- more than 25 men chukuo Government is to shoulder the job day and night, he declared to sell its shares to the public by the Y:700,000,000
More men will be employed on the job. securities and exchange 3. Relative to Special Undertak- The company has just made an im- The corporation is headed by J. V. ings.
portant acquisition by purchase of E. Batas, the general manager. -The Manchukuo Electric Com-A. Shevelin's
as other members of the board of direc property known
are Francis Burton Harrison, pany's new capital Y60,000,000, b-The "Capunga Fr. Claim for P-5,000. The tors Showa Steel Works debentures Y101,- purchase is necessary because one of former governor general, Dr. Antonio 000,000, -the Manchukno Colliery the rich veins of the company is dip- D. Alvir, Ramon J. Fernandez, Ilde- Co debentures 785,000,000, the ping into the "Capunga" and in follow-fonso Coscolinela, Dr. Marcento V THE YOKOHAMA SPECIE BANK
found Bernardo and Licerio J. Mancenido. Manchukuo Chemical Co. debentures ing the vein, the Acop men
The company
owns a total of 131 $15,000,000.
themselves digging right under the
lode claims located at barrois San The foregoing
of Shevelin property. made a total Y2,352,000,000. If the proposed col- The Shevlin property is valuable, it Rafael and San Antonio, Mambulao, onisation scheme costing T200,000,000, the Y60,000,000 balance relative to the C.E.R. transfer and the new invest ments in North China amourting to Y200,000,000, are included the aggre gate total will be 72,800,000,000.
THE BANK OF EAST ASIA, LTD.
Authorised: Capital: Paid-up Capita
Beserve and Undivided Prosta
$10,000,000:00
$ 5,998,800.00
2,685,895.32.
HEAD OFFICE:HONG KONG
20, Des Vaux Boad, Central.
BOARD OF DIRECTORS:-
Ho. Sir Soon-son Chow, Chairman; Li Koon
Wong
Sang Bag Wong Chu Son, Esq. sad Kan Ying Po. Baq.
Chan Eeg PL I Foray là Lan
Tang Bag Chan Ching Shak,
Kan Tung Po, Esq., Chief Manager. Li Tre Fong. Esq., Manager.
BEANCHES AND AGENCIES
Bataria
Manila
LIMITED
Established 1880
Yen 130.900.000
has driven a tunnel approximately 500 Camarines Norte. According to the Capital (fully paid-up) Yen.100,000,000 feet where a six-foot vein assaying P.8 reports of N. J. Ericson, mining en- Reserve Fund
gineers, the Mambulao properties con- is exposed, Mr. Alberto said.
The assay office of the company hastain high grade ore. Construction af been reconditioned and is now being camps and prospecting work has been used a
going on for the last few months. -
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA-
Incorporated by Boyal Charter, 1859
HEAD OFFICE: LONDON.
Agencies and Branches:
Paid-up Capital
£3,000,000
Reserve Fund
Reserve Liability of Pro-
prietors...
,000,000
£3,000,000
Alor Star
Iloilo
Fangoon
Bangkok:
Seattle
Semarang Shangha Kingspore
Bombay
Mang Kobe Kuala Lumpur Kaching
Delhi
New Yock Paiping
(Peking) Penang
(Bhuket)
Tsingtao Koknbama Zamboanga
Now On Sale
THE
Head Office: YOKOHAMA
Branches and Agencies at
Alexandria Bangkok
Batavia
Berlin
Bombay
Calcutta
Canton
Moji
Nagasaki
Nagoya
New York Ozaka
Otra
Paris
Perping
Fengtien (Mukden)
Rangoon
Hamburg
Rio de Janeiro
Hankow
San Francisco
Harbin
CHINA YEAR BOOK Dairen (Dainy)
(18th edition) 1936
Karachi Kobe
Ložidon
Seattle
Semarang Shanghai
Singapore.
Sourabay
Sydney
Bombay
Calmutta Canton dr Haiphong
BISIOT Honelist Festag"
Melbourne
New York Osaka
Paris
Peiping
Kobe Kowloon Lonas
Bezgodn Saigon Ser Franciaco
Soun
Sydney
Tientsin Tekyo VADCOUTET
Every description of Beaking- and Exchange business transacted. Loans gated on approved
Current Accounts, opened. in Local Currency and Fized Deposit, rosived" for oun" your or aborter periods in Local and Foreign Currencies on terms which will be quoted on application...... -
Safe Depout "Bass" "Zo"
KAN TUNG PO,""
** Chief Manager.
THE WING ON BANK, LTD.
Head Office: Hong Kong. "26, Des Voeux Road, Central: Authorised Capital: $10,000,000-
LONDON BANKERS:
Westminster Bank, Ltd Foreign Exchange, and every des- cription of banking business transact-
Current Accounts and- Sav ants - opened.-- Mixed Deposits
rates which will be geot
Executorship under- Deponit Boxes
PHILIP GOCK Chief Mon
Kambary Haskow Harbin
Foreign Exchange and General Banking business
Current Accounts opened and Find Deposita received for one year or shorter periods: xt, zstan, which will be quoted on application.
The China Year Book is me dispensable reference book China; it arms its reader material necessary for forming correct judgments on the Eastern situation and embodies all important documents statistics of the year.
Among the
ets dealt with by foreign and bese experts in the sig
the
Life.
followin
Truce
The Bank's Hand Offon in London undertaker
Week
Point
recovery of British Income Tax overpaid, on terms which may be Agencies and Beache
at any of it: A. BREARLEY,
Mongo
ritory Ross
nchukuo,
Hong Kong, 1st January, 1935.
Bring Your | PRINTING) Problems to Us
Enterprise Ltd. Fyndham St.
Price $18.
Obtainable at Kelly & Walsh, Ltd.
or from the publishe
NORTH CHINA DAILY NEWS
PO Box
Hong
Honolulu Hsiaki
Manila Los
Tientsin
Tokyo
Tsingtan Xingke
Interest allowed for Current counts.
Deposits received for fixed periods.
applica at rates to be obtained on tions
Y. KANO,
Manager.
Hong Kong, 13th November,
THE
SHANGHAI COMMERCIAL &
SAVINGS BANK-LIMEFED
(Incorporated
Capital paid Reservi
>hing)