BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION

Authorised Capital "Issued and Fully-Paid

Reserve Funds:

Sterling

$50,000,000

20 000

HEAD OFFICE: HONG KONG.

BOARD OF DIRECTORS

$8,500,000

£3,000,000

Hong Kong Currency

£3,000,000

Reserve

$10,000,000

Reserve E

Pro

£8,000,000

prietors

$20,000,000

Rangoon

Saigon

Klang

Bemarang, Seremban. Shanghai

Kuala Lumpur

Singapore Sitiawan

Madras Manils

Medan

1 New York

Tongkah

Feining

(Bhuket)

:(Paking)

Tsingtao

Yokohama

Zamboanga

Boba

Kuching

Penang

Foreign Exchange and General Banking business

transseted.

・nd Trustee business,

in commodities and of growing imports Mr. Oppus recalled the fact that the

sustain industrial revival. For judiciary department had ruled that all Current Accounts opened and Fixed Deposita similar reasons, Bristol is well up the mining enterprises within the limits of received for one year or shorter periods at entại list with a gain of 22.7 per cent. on the city of Baguio violated an execu-

which will be quoted on application.

The Bark's Hoad Office in London undertakes last year: perhaps one of the most re-tive order of the President of the Con-Executor

and Blaime markable movements, however, is a monwealth. For this reason, he said, terms which may be ascertained at any of its recovery of British Income Tax overpaid, од rise of 20.9 per cent, for Manchester, the department of agriculture and Agencies and Branches. the best index of "cotton recovery" so commerce declared the Crown Mines

R. W. ROBERTS, far recorded.

operations in Baguio as contrary to the

Manager. executive order.

Hong Kong, 1st January, 1935.

"Steel-Index" Buoyant

In view of the fundamental charac- ter of the issue raised and the The Newcastle figure is 21.1 per cent. fact that several mining enterprises THE BANK OF EAST ASIA, LTD. up on April, 1936, while Hull, Leicester had been allowed to go into exploration and Nottingham all register material and development work before their at- Authorised Capital gains. The Sheffield "steel index" con- tention was drawn to, the

-...$10,000,000.00 tinues remarkably buoyant, the gain in order a consultation with the depart- Reserve

executive Paid-up Capital

$ 5,598,600.00 and Undivided this case being no less than 24.2 per ment of justice was had. The depart Profits....

/$ 2,776,726.70 ment still is studying the question, it was stated.

cent.

Over the first four months of 1937, total provincial clearings at £520,670,- 000 compare with £458,718,000 in the corresponding period of 1986.

.

April Figures

The full April figures, published by the Bankers' Clearing House, are given below (in thousands):-

April

та

1937 $

1936 + or

£ 9,558

·

4,924.

4,445

6,121 4,986

Birmingham 10,383

Bradford

Bristol

Hull'

Leeds

Leicester

++ 8.6

+10.7

-+-22.7

3,978 3,467 +147

Liverpool 32,476 24,142

Manchester 49,358 ** 40,792

4,349 *3,297

3,647 2,969

+19.2 11.0 imp34.5 +-20.9

Newcastle

Nottingham Sheffield

Total

6,246 5,157 2,216 1,971 4,849 3,902

£128,197 £105,036

HEAD OFFICE:-HONG KONG. 10, Des Voeux Road, Central.

BOARD OF DIRECTORS :---

Bir Shou-son Chow, Chairman; Li Koon

Assemblyman Oppus expressed, the opinion that if the President should desire to solve the question he will do Hon. so with the national assembly, either Chun, Esq., P. K. Kwok, Esq. Wong Yun letting the assembly act of its own Tong Esq.

Chin Ching Sher. Lag. Li Lan initiative or suggesting a course

Sang Egg Wab, Esq.

Chu Son, Bag, and Kan Ying of Fo, Esq., Fang action to which he will invite legislative

concurrence.

CHINA RAILWAY

EQUIPMENT

Large Purchases To

Be Made

Kan Tong Po, Esq., Chief Manager. Li Tre Fong, Eaq-, Manager.

·BRANCHES AND AGENCIES:-

Amoy Batavia Bombay

Haiphong Bankow Honolulu Kobe Kowloo

London

Manila

New York

-Seattle

Semerang Shanghai Eingspora Sourabaya Swatow Sydney Taiboku

Melbourne

Nagasaki

Osaka-

Paris

Palping

Felang

Rangoon

Balzon

Takyo

Bar Franciaco

Vancouver.

Yokohama

Tientain

Every description of Banking and Exchango business transacted. Loans granted on approved securities.

21.1 An expansion programme, aimed to 12.4 meet the pressure of mounting traffic, -24.2 is now being put into effect by the

Current Accounts opened in Local Currency

one authorities of the Shanghai-Nanking shortar periods in Local and Foreign Currencies

and Fixed Deposlis - received for

year or +-22.0 and Shanghai-Hangchow-Ningpo Rail-on terme which will be quoted on application,

Safe Deposit Boxes To. Lat.

KAN TUNG PO,

Chief- Manager.

TWO NEW MINING

COMPANIES

ways.

An official of the railways adminis- tration said that the first part of the programme will include the purchase of some 200 freight cars.

THE WING ON BANK. LTD.

Head Office: Hong Kong. 26, Des Voeux Road, Central. Authorised Capital $10,000,000 LONDON BANKERS:- Foreign Exchange and every des-

Westminster Bank, Ltd. cription of banking business transact-

The order for the cars, which was One mining company and one busi-approved recently by the Ministry of ness firm have filed their papers of Railways, has been forwarded to the incorporation with the bureau of com- Purchasing Commission of the Ministry. merce in Manila. They are the East-

At the present time, the S.N.R. and Surigao Goldfields, Inc. and the United the S.H.N.R. Administration plans to Sales Corporation.

spend in the neighbourhood of $2,000,- The East-Surigao Goldfields is 000 for the first portion of its expan- ed. capitalised at P450,000 divided into sion schemes.

Current Accounts and Savings Ac--- 45,000,000 shares at a par value of P.01 a share. Of the authorised capital,

While no definite date for the deli-counts opened. Mixed Deposits re- P90,000 is subscribed and P22,000 paid very of the cars was revealed, it was ceived at rates which will be quoted

indicated that the new rolling stock will on application. up. The incorporators are Isauro Ga-be placed in service by the end of this!

baldon, Jose J. Roy, Jose D. Cortes, Hernando J. C. Corvera, Exequiel S. year on the two lines. Zaballero, Socorro M. Zaballero and Consolacion R. Dmingo.

sta

The United Sales Corporation has a

Also planned as part of the pro- gramme is the purchase of additional locomotives and passenger cars. AL- capital stock of P40,000 divided into though this part of the programme will 400 shares at a par value of P100 &ed that the present plan calls for 50 be put into effect later, if was indicat- share. Capital subscribed amounts to P20,000 and capital paid up to P6,000. new passenger cara and 22 new locomo- The company will establish main bust- tives. 'ness establishments

Trusteeship & Executorship under- taken. Safe Deposit Boxes for hire.

PHILIP GOCKCHIN, Chief Manager.

HONG KONG HEIGHTS

For the information of visitors the following list of some › of the Manila and branches throughout the is made necessary by the huge increase Mainland" is; published:

in the city of The present expansion: programme highest points on the Island and Philippines as well as abroad. The in- in passenger and freight traffic on the corporators are Galicano ~ A. Dionisio, two lines during recent years. The Lorenzo A. Dinisi, Asuncion R. Dioni-present facilities, it was felt, are not sio, Nieves Reyes' and Cipriano Gabia, adequate to handle the rapidly mount-

OIL BORING IN DORSET

ing traffic, which is expected to take another upward turn with the opening of the Chientang River Bridge and the extension of the S.H.N.R. line to Ning- po this autumn. ·

Oil boring has restarted at Poxwell, near Weymouth, within half a mile of A burial "mistake was revealed - at informed where drilling was carried out only a Leek wherr relatives were few months ago. Engineers of the that the woman behind whose coffin D'Arcy Exploration Co. Ltd., London, they walked through the snow to the intend to drill to a depth of 3,000ft, graveside was a complete stranger, coil was found in this district on the and that the body of the woman whom last occasion, but not in commercial they imagined had been interred was

still in Leek Hospital mortuary." quantities.

G. Miskin, Esq.,

Chairman.

Hon. Mr. M. T. Johnson,

Deputy Chairman.

Bonsfield, Esq.,

A. H. Compton, Eaq..

H. Dodwell, Esq.,

B. Masson, Eig.,

K. 8. Morrison, Esq.,

Hon. Mr. J.J. Pator T. E. Pearos, Eng..

A. L. Shields, Esq.

Sir Vandeleur M. Grayburti, Chief Manager.

ΑΜΟΣ BANGKOK BATAVIA BOMBAY CALCUTTA CANTON CHEFOO COLOMBO. DAIREN FOOCHOW HAIPHONG HAMBURG HANKOW HARBIN HONGKEW. ILOILO

IPOH

JOHORE

KORD

KOWLOON

- BRANCHES

KUALA LUMPUR

LONDON LYONS

MALACCA MANILA

- MUAR (Jobare)

ORDEN NEW YORK FELPING PENANG BANGOON BALCON

SAN FRANCISCO SHANGHAI SINGAPORE SOURABATA TIENTSIN TOKYO TSINGTAO YOKOHAMA

- SUNGEI PATANI

Current Accounts opened in Local Curranty and Fixed Deposite received for one year or shorter periode in Local Currency and Sterling on terms. which will be quoted on application.

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

- Hong Kong, let-: March, 1287.

HONG KONG SAVINGS BANK

The Businesa of the above Bank ja condusted, by the HONG KONG AND BHANGHAI BANK- ING CORFORATION. Rulas may be obtained on application.

FOR THE HONG KONG AND SHANGHAJ BANKING CORPORATION.

V. H. GRAYBURN,

Chief Manager,

Hong Kong, -lat March, 1997.

THE YOKOHAMA SPECIE BANK

LIMITED

Established 1880.

· Capital (fully paid-up) Yen.100,000,000 Reserve Fund ..... Yen 182,650,000

Head Office: YOKOHAMA Branches and Agencies a

Alexandria

Bangkok

Batavia Berlin

Bombay

Calcutta

Canton

Dairen (Dainy)

Fengtien (Mukden)

Hamburg

Hankow

Harbin

Hong Kong Honolulu

Hsinking Karachi

Kobe

London

Manila

Los Angeles-

Moji

Nagasaki

Nagoya

New York Osaka

Oturu

Paris

Peiping

Rangoon

Rio de Janeire San Francisco Seattle

Semarang Shanghar Singapore Sourabaya Sydney Tientsin

Tokyo Tsingtau

Yingkow

Interest allowed for Current AG- counts.

Deposits - received for fixed periods at rates to be obtained on applica- tions.

"Y. KANO,

Manager. Hong Kong, 10th March, 1987.

THE

SHANGHAT COMMERCIAL & 'SAVINGS BANK LIMITED (Incorporated in China)

$5,000,000,

$7,500,000.

Capital Savings Dept. $500,000. Reserve Savings Dept. $600,000. Head-Office-Shanghai

ISLAND

Feet

Victoria Peak

1,823

Signal Station

1,774

Capital paid up

Mt. Parker

1,734

Reserves

Mountain Lodge

1,725

The Eyrie

1,726

Mt. Davis

877

Bowen Road (filterbeds)

297

MAINLAND

Feet

Taimoshan Kowloon Poak

3,124

1,971

A Bank having as its mission (the industrial development on China and the fostering of her commercial 'ralations abroad. Hong Kong Office →→

6, Queen's Road, Central Phone 81116.

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