THE CHINA MAIL, MARCH 15, 1937. RECORD IN SMALL
PASAVINGS
BANK RATE
SIGN THAT TRADE | FRANCE TO LOWER
IS GOOD
6,000,000 3d Bits Minted
is
Paris, Today. The Bank of France will low its discount rate in the course next week
Another indication of the nation's greater prosperity was provided last month by the official announcement that Post Office Savings Bank, de- posits at the end of 1936 reached the new record total of £432,000,000.-incidentally their official name at the
Nearly 6,000,000 threepenny pieces So states a report appearing in This represents an increase of no Royal Mint
the "Paris Soir.”. less than £42,000,000 last year, commuted in England annually.
"threepences”—are
The paper asserts that it has 4. Witla pared with the previous record in the exception of about 500,000 which not yet been decided whether the crease of $35,000,000 in 1935. Active accounts have increased by 300,000 remain in England, practically all go rate will be reduced by- one or by
to Scotland and Wales. during the year.
half per cent-Trans-Ocean. Distribution fructustes enormously, There were 27,000,000 deposits last year and about half that number of the demand of the banks falling away withdrawals, the total number in times of depression. When trade is transactions being 3,500,000 greater small coin are wanted for wages pur- flourishing large numbers of this than in 1935. Very small savings by stamps, and home safes were fully poses in both countries.
ness.
of
MANCHUKUO TRADE
represented in the increase of busi- Threepenny-pieces are saved up in
their hundreds by the recipients and] With exports totalling MY61,394,000 The Bank has to deal with and are released at holiday times. Shop and imports, MY59,328,000, “Manchu average of 130.000 transactions daily. keepers at seaside resorts, even so far kuo's foreign trade for February re- as the South sulted in a favourable balance of Pressure was at the peak during away from Scotland Jannary owing to the necessary com-
Coast, can always make a shrewd MY2,066,000. putation of interest and the greatly guess as to the nationality of a cus- Imports for the period gained by increased.. numbers of bank books tomer when they are paid with an about MY3,000,000 over January, al- received for. examination.
assortment of the smallest silver coins though exports lost by MY13,460,000. The most conspicuous development of the realm.
Both imports and exports, however, during the year was the introduction
Popular Half-Crowns
showed increases of MY8,280,000 and Railway booking desks are aware MY30,000,000, respectively. of the service under which telephone
over the that this is not the only fashion in corresponding period in 1936. subscribers who are depositors may pay
Those on the G.W.R. have their telephone accounts through the currency. Savings Bank.
carried out a census. which has led them to the conclusion that the most popular čoins in England are the six- pence and the shilling, though the half- crown is increasing in favour.
--
YORKSHIRE MILL PROSPERITY
In
Here again the numbers minted vary enormously from year to year. At a time when some of our great 1982 the half-crowns numbered 6,400,- industries are languishing, sad him- 090- but in, the following year Over dreds of factories are working half 8,100,000 were issued, and the number time, it is good news that Huddersfield of shillings increased from 6,600,000 has mills which are for ever working to nearly 11,000,000, and sixpences
They are
the Prospect, Quamby from 9,255,000 to 18,411,000. Clough, and Gledholt woollen mills, Not a single sovereign has been ten- and in good times and bad their wheel dered at a booking office of this rail- go round as thousands of miles of cloth way since Britain, went off the gold come out. When the mills round about standard, but on expresses from the have Closed down for want of orders, Midlands to London five and ten pound when other firms have been employing notes are frequently tendered by busi- workpeople for part time only, these ness people. mills have kept on, year in and year On trains from Plymouth dollar bills out
are occasionally met with Passengers There was an exception to the rule from Ireland rebooking at Fishguard last year.
One day the never-stop almost invariably pay with currency mills stopped for the first time in liv-notes of the Irish Free State, which ing memory; not because there was have the same face value of those for ho work to do, but to allow all the staff this country. to go to Blackpool to celebrate Sir Emmanuel Hoyle's 70th birthday.
There was good reason to celebrate sent or for South Africa to try to get it, for he alone had kept the wheels of an order for 500,000-yards of cloth. industry: turning for over half a cen- He has been travelling for his firm tury. While other firms have, waited since he was 16 visiting great cities, for orders for cloth, Sir Emmannel buying wool, and sending home, orders Hoyle has gone in search of them for cloth for amies, navies, police Still he goes round the world for forces, and railway and tramway-com- orders. There is hardly a country helpanies at the ends of the earth Hud- has not visited, and only recently he dersfield may well be proud of him.
THE
AMERICAN EXPRESS COMPANY
INC.
Incorporated with Limited Liability in U
USA.
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA
· Innorporated by Royal Charter, 1858.
HEAD OFFICE: LONDON
Paid-up Capital Reserve Fund
Agencies and Branches:
failo
Ipoh
£3,000,000. £3,000,000
Reserve Liability of Pro-
prietors
$3,000,000
Alor Star
Rangoon
Amritsar
Saigon
Bangkok
Kazachi
Semarang
Bataria Bombay Calcutta Cantor Cavapors Cebo Colomba Delhi
Klang
Seremban
Fabe
Soangmai
Kuala Lumpur
Kuching
Hadre
Manila
Medan
Taspins Tentan
New York
Tangish
Haiphong
Paiping
(Bhuket)
(Paking) Penang
Zamboanga
Hamburg
Hour Loor
Singapore Sitiawan Sourabaya
Funign Exchange and General Banking business transected.
Current Accounta opened and Fized Deposita
roosived for one year or shorter periods at rates which will be quoted on application d
Che Bank's Head - Onos in London undertakes. Exxecutor
Trustee buxinesa, and recovery of British Income Tax orapsid, or terms which may be sacaciained at any of ita Agencies and Besuchos,
A. BREARLEY,
Manager. Hong Kong, 1st January, 1985.
THE BANK OF FAST ASIA, LTD.
Authorised Capital/
BANKS
HONG KONG AND SHANGHAI BANKING CORPORATION
Authorised CapitalTM ..$50,000,000 Issued and Fully Paid-up.. 20,000,000 Reserve Funds:--
Sterling A£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. G. Miskin, Esq.,
Chairman.
M. T. Johnson, Esq., Deputy Chairman.
J. Bousfield, Eng., X. S. Marison, Esq.. AH. Compton, Eng Hon Mr. J. 3. Paterson,
Hon. Mr. S. H. Dodwell, T. E Ponzos, Baq
J. B. Masson, Esq.. A. L. Shields, Esq.
V. M. Grayburn, Esq., Chief Manager.
AMOT
BANGKOK BATAVIA BOMBAY CALCUTTA CANTON CHEFOO COLOMBO DAIRER FOOCHOW
HAIPHONG
HAMBURG HANKOW BARBIN HONGKET ILOILO IPOH JOHORE KOBE
NOWLOON
BRANCHES:-
KUALA LUMPUR
LONDON LYONS MALACCA MANIZA MBAR Globare) MUNDEN
NEW-YORK FELPING PERANG RINGCON SAIGON SAN FRANCISCO
SHANGHAT
SINGAPORE SQURABALA
SUNGELPATANT TIRANTSEN
TOKYO
TSINGTAO
YOKOHAMA
Current Accounts opened in Local Currency and Fixed Deposita received" for one your or shorter periode in Local Currency and Sterling on tazma which will be, quoted on spplication.
ALSO up to data SAFE" DEPOSIT BOXES in Tations sizes TO TET
Hong Kong, 1st March, 1987.
HONG KONG SAVINGS BANK
The Business of the above."Bank is conducted by the HONG KONG, AND SHANGHAI BANK. *ING CORPORATION. Exles may be obtained on- application.
FOE THE HONG KONG AND SHANGHAI BANKING CORPORATION.
V. M. GRAYBURN,
Chief. Manager.
Hong Kong, 1st March, 2987.
THE YOKOHAMA SPECIE BANK -
LIMFFED
Established 18SQ
Capital (fully paid-up) Yen 100,000,000 Reserve Fund........... Yen 132,
Head Office: YOKOHAMA
Branches and Agencies -at Alexandria
Moji Bangkok Batāvis:
$10,000,000.00
- Berlin
Paid-up Capital
...$ 5,598,500.00 | Beserve and Undivided. Profite 2,685,895.
HEAD OFFICE-HONG KONG.
10, Des Voeux Road. Central.
BOARD OF DIRECTORS—
P. K. Kwok,
Chun
E4
Chan
Ching
B
Bombay Calcutta Canton
Dairen (Dainy)
Nagasaki Nagoya New York Osaka
Paris Peiping
Hon. Sir Shou-son Chow, Chairman; Lá Room Fengtien (Mukden) Rangoon
Pos Eng.
Hamburg
Wong Cham Eagand Kan Ying Hankow
Kan Tung Fo, Esq., Ciziet. Manager.
Li Tao Fong, «Esq.,rManager.
BRANCHES - ND AGE
Amay
Batavia Bombay
Calcutta
Canton
Hamkow
Rio de Janeiro
3A Harbin
San-Francisco Seattle
Hong Kong
Semarang
Honolulu
Shanghai
Hamking
Singapore
Karachi
Sourabaya
Kobe
Sydney
London
Tientsin
Manila
Tokyo
Los Angeles
Tsingtau
Yingkow
REICHSMARK TRAVELLERS
CHEQUES
ON SALE AT
ADVANTAGEOUS RATES
Office:
No. 4, Des Voeux Road
Central
Loodu
Every description. besxidees” transacted.
Gurrent » Anexarka and Fixed Deposita : shorter pecoils in a
Sale Deposit “Bone"
Interest allowed for Current Lo
posits received for fixed periods
st rates to be, obtained on applica
THE WING ON BANK, LTD.
Head Office:
SHANG
Central
hich will be quoted
ander. Bores for hire. HILIF-GOCKCHIN,/
Chist Manager.
Y. KANO,
Manage
10th March, 1937.
OMMERCIAL &
VINGS BANK LIMITED
ed in China)
285,000,000. -$7,500,000,
Dept. $500,000, $600,000.