THE CHINA MAIL, FEBRUARY 22, 1937.
GERMAN CREDITORS LENIENT
JAPANESE COCOON DEBT AGREEMENT NANKING SHANGHAI
EARNINGS
Japanese cocoon raisers' earnings last year showed an increase of F.35,- 740,000 (10.2 per cent.) compared with 1935 and Y.61,165,000 (18.8 per cent.) over the previous five years' average, according to investigations by the Tokyo Department of Agriculture and Forestry.
-EXTENDED
(SPECIAL TO “CHINA -MAIL”)
Berlin, To-day.
The Standstill Agreement be tween Germany and her creditors has been extended for another year. The official report says that alto- The new agreement, which will gether 1,857,000 households or two per cent. less were engaged in cocoon rais- be known as the "German Crédit ing. The aggregate quantity of hatch-Agreement of 1987" will expire ». ed egg-cards brushed was 145,638,000 February 12, 1938. grammes, a drop of 3.7 per cent. The
The provisions of the agreement, total crop was as follows:-
Quantity: Amount which will extend the international (1,000 kwan) (Y.1,00) bank credits, granted to the Reich 41,392 199,968 since the War, are virtually iden 41,511 186,640
tical with those of the expirin. Total....
82,903 386,608 treaty. The above total quantity represents No repayment of debts will take an increase of 836,943 kwan (one per place by cash transfer, but cer cent), while the total value indicates
Spring Summer-Autumn
not
as heavy an increase as Y35,746,853 tain credit lines, which have (10.2 per cent.). As compared with been used for two or three years, the previous five years' average, though will be cancelled. the quantity shows a decrease of 8,495,445 kwan (9.3 per cent.), the amount indicates an increase of Y.61- 165,439 (18.8 per cent).
LUNGHAI RAILWAY
LOSSES
$10,000,000 In Sian Revolt
The Lunghai Railway has suffered loss of at least $10,000,000 as a result of the Sian revolt and the subsequent disruption of the service since Dec. 12 last year.
TOURIST CHARGES
Measures to increase tourist tra- ffic in Germany by the use of the Registered Mark will be taken.
For instance, no fee will be
charged for cashing travel Mark
cheques in Germany.
Instead, a charge will be made in the country where the cheque are bought, these fees going to the creditors to reduce indebtedness.
During the last credit agree- ment, short-term indebtedness was reduced from 1576,200,000 Reichs- marks to 1,202,000,000.
From March 1, 1933, the total
With the restoration of traffic on the amount of Registered Marks issued line, the railway authorities are busy reached the sum of 1,766,700,000, shipping cargoes which have been held the major part of which was used up at the stations along the wester sector to points eastward and all avail-
in Germany-Trans- able freight coaches have been drafted Ocean. for this purpose.
The Lunghai station at Hsuchow has! been instructed by the head office to sell through train tickets for the Green Express and the Peiping-Shanghai Blue Express.
.
for travel
bring
For expressing the opinion that the German army was trying to about a war, a young man has been sentenced to five months imprison- ment by a Brunswick court
A proposal by Rear-Admiral Byrd, the. Antarctic explorar, for a "six- The Bucker Aeroplane Company, of months' moratorium on war," is to be Rangsdorf, near Berlin, has exported brought to the attention of President over 50 planes during the past year! Roosevelt and Mr. Cordell Hall, the to European countries. Brazil, South Secretary of State.
Africa and Uruguay.
RAILWAY
Income Shows Big Increase
According to figures just released by railway authorities in Shanghai, the Shanghai-Hangchow-Ningpo Railways total income of the Nanking-Shanghai. for the 25th fiscal year amounted to $20,491,161.51, showing an increase of $95,762.52 as compared with that of the previous year.
Of this total $14;199,586.10-was de rived from passenger services $4,950,- and 291.09 "from freight service; $1,341,284.32 from miscellaneous sour-
ces.
The total receipt of the newly open- ed Soochow-Kashing Line for the! period from July 15, to December 31, 1936 is given at $79,143.88.
In order to develop the industries of Hainan Island, Mr. Kno Kuchnen, wealthy Malaya Overses Chinese mer- chant, has decided to invest $1,000,000, national currency, for that purpose.
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA-
Incorporated by Royal Charter, 1888.
HEAD OFFICE: LONDON -
Alor Star Ammiteer
Bangkok
Paid-up Capital Reserve Fund. Reserve Liability of Pro-
prietors
$3,000,000 £8,000,000
£3,000,000
· Agencies and Branches:
Coilo
Ipoh
Kaschi
Rangoon Stigon Sam
Keals Lampor Enching
Cavapora Coba Colombo Delki
adras
Singapore Sitiawan Sourabaya
Peiping
Penang
Batacia Bombay Calcutta
Canton
Fobo
Taping Tieutrin
Tongkah-
Bhuket)
Fotobaza Zamboanga
General Banking boxiness
Hong Kong Foreign Exchange and
received for one year or sharter periode at rates transcted.
Current Accounts opened and Fixed Deposits which will be
The Bank's on application
Office in London undertakes. Executor and Truston busine, and claims recovery of British Income Tax overpaid, an terms which may be ascertained at any of its Agencies and Branches-
A. BRKARLEY,
Manager Hong Kong, 1st January, 1935.
BANKS
HONG KONG AND SHANGHAI
BANKING CORPORATION
Authorised Capital
$50,000,000
Issued and Fully-Paid-up.. 20,000,000
Reserve Funds----
Sterling
£6,500,000
Hong Kong Currency
Reserve
$10,000,000
Reserve Liability of Pro-
prietors
$20,000,000
HEAD OFFICE: HONG KONG.
BOARD OF DIRECTORS. Hon. Mr. J. J. Paterson. Chairinan.
G. Miskin, Esq., Deputy Chairman.
J. K. Bouzfeld, Esq. A. H. Compton, Esq. Hon. Mr. H. Dodwell, M. T. Johnson, Eaq
AMOT
J.B. Hamon, Esq.. 5. S. Morrisca. Esq. T. E. Pearce, Esq., A. L. Shioids, Esq.,
V. M. Grayburn, Esq., Chief Manager.
• BANGKOK BASTAVIA *BOMBAY
CALCUTTA
CANTON CHEFOO COLOMBO DATE FOOCHOW HAIPHONG HAMBURG HANKOW HABBIN HONGREW ILOLO
ПРОБ
JOEOBE
кова
KOWLOON
BRANCHES:-
KUALA LUMPUR-
LONDON LYONS KALACCA MANILA
MUAR (Jobore) MUEDEN NEW YORK
FELPING BANGOON SAIGON SAX
FRANCECO SHANGHAI B SINGAPORE. SOURABAYA SUNGEL PATANI TIENTSIN TOKYO
TSINGTAO
YOKOHAMA
Current Accounts opened in Ecoal Curmney and Fixed Deposita suozived for one year, or shorter periods in Local Company and Starting on terms which will be quoted on application...
ALSO up to date SAFE" DEPOSIT BOXES in. „Tarjous, İsites · TO TEN.
Hong Kong, 24th February, 1936.
HONG KONG SAVINGS BANK
The Business of the shore Bank is conducted by the HONG KONG AND SHANGHAI BANK- ING CORFORATION. Bules may be obtained
on application,
FOR THE HONG KONG AND SHANGHAI BANKING CORPORATION.
V. I. GRAYBURN,
en Chief Manager. Hong Kong, 34th February, 190S.
THE YOKOHAMA SPECIE BANK -LIMITED-
Established 1880- Capital (fully paid-up) Yen 100,000,000 Reserve Fund- Yeri30,900,000.
Head Office: YOKOHAMA Branches and Agencies at
Alexandria
THE BANK OF EAST ASIA, LTD. Bangkok
Batavia
Authorised Capital
$10,000,000.00
-Berlin
Paid-up Capital
Bombay
Calcutta
Canton
Мої Nagasaki
Nagoya
New York
TRAVEL
Strange countries, strange faces, strange customs- these are the attractions that lure travelers from their lands. it is in these strange lands that travelers become aware of the need for protecting their travel funds.
Beserve and Undivided Profita --E 2,688,394.52.
HEAD OFFICE:—HONG: KONG.
10, Des Faux Boad, Central. BOARD OF DIRECTORS:
Hon. Sir Bhoo-son Chow, "Chairman; Li (Knot Chum, Bag, P. L. Kwok, Faqs Wong Yun Tong, Faq., Chan Ching Shal, Esq., Li Lan Sang. Bag, Wong Chun Son, Bag, and Kan Ying Po, Fag
Amoy
Kan Tong Pa, Esq., Chief Manager. Li The Fong, Eag Manager.
BRANCHES AND AGENCIES
Batavia
Manda
Mallburne
Dairen (Dainy)
Osaka
Obra
Paris
Peiging
Fengtzen (Mukden) Rangoon
Hamburg
Hankow
Harbin
Hong Kong
Honolulu
Hsinking
Karachi
Bombay?
Namaki
Kobe
And
Calcutta
New York
-Canton po
Souza
London Mamilayo
Haiphong
bok
Robe
ckyo. Vancouver
and Exchange Con approved··
Rão de Janeiro
Seattle
San Francisco
Semarang
Shanghai
Singapore
Sonrabays
Sydney
Tientsin
Tokyo
Tsingtan
Los Angeles
Yingkew
Interest allowed for Current Ae-
Deposits received for fixed periods at rates to be obtained on appl tiotis
YKANO,
Manager. Hong Kong, 13th November, 1936.
American Express Travelers Cheques
are the medium through which you can be. assured of the safety of the funds you carry with you.
THE AMERICAN EXPRESS CO., INC.
Incorporated with Limited Liability in U.S.A...
No. 4, Des Voeux Road, Central
Emery: description of Bankin business, transacted. ¦- securities
Current Accounte~ opened in Local and Fixed Deposita received. -- for -aborter · periods in Local - and
on - terms which-will, “ha
Sale-Deposit Boxes To Let
· KAN TUN
Manager.
THE WING ON BANK, LTD.
Head Office: Hong Kong: 26, Des Voeur Road, Central. Authorised Capital $10,000,000
LONDON BANKERS
dals Westrainster Bank La
Foreign Frei
cription of
Current Ac
cerved
Trusteeshin &
THR
SHANGHAI COMEET
SAVINGS BANK LIMITED
(Incorporated in China
Capital pad ng
Reserves
every des-
Capital
Reserve
Safe Deposit Boxes
PHILIP COCK:
Manager
$5.000.000.
00,000
0.0007 00,000.