THE CHINA MAIL, SEPTEMBER 23.
JAPANESE TRADE LOSSES DUE TO WAR
Tokyo To-day.
Japanese export trade is suffer ing as a result of the conflict with China, while import trade is simul taneously increasing.
Netherlands Parliament Opens
The Hague, To-day. The new session of both Houses of the Netherlands Parliament was opened yesterday by a speech from the Throne delivered by Queen Wilhelmina.
The Queen
BANKS
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA
by Royal Charter, Tähä
HEAD OFFICE: LONDON 38, Bishopsgate, €2 Paid-up Capital Reserve Fund
Reserve Liability of Pro-
prietors
££3,000,000
£3,000,000
£3,000,000
Manchester Branch, 71, Mosley Street, Mancheste Agencies and Branche
Alor Star
Provisional figures given by the Ministry of Finance show that the balance of trade of the Japanese
expressed her satis- Empire, including Korea and For- mosa and Japanese possessions in faction with the improvement în the Pacific, for August this year the economic situation in the Ne- closed with a deficit of $54,000,000 therlands, and voiced the hope that yen, whereas in August last year the improvement would have a far- sapore they revealed a surplus of almost ourable reaction on the unemploy exactly the same amount.
ment figures.
and
In August last year the value of Japanese exports was 257,900,000 yen, that of imports 208,500,000 yen. In August this year exports total led 260,700,000 yen
imports: 314,700,000 yen.
Business circles in Tokyo foresee that long duration of the war will entail serious financial, economic and currency difficulties for Japan.
The Government would submit a number-of- bills designed for fur ther promotion of economic revival Development of economic condi- tions in the Netherlands East In- dies was giving cause for satisfac. tion.
ECONOMIC REVIVAL
Bangkok Batavia Bombay Calentia Catton
Caba Colombo
Esiphon Hambur Fanb
Harkin
Hoar Hot
flotto Epok
BANKS
HONG KONG AND SHANGHAI BANKING CORPORATION
ised Capital Issued and Fality-Pad- Resers
Sterling
20,060,00x
$ 6,500,000
$10,000,000
$$20.000,001
Hong Kong Currency
Beserve
Reserve Liability of“
prietors
HEAD OFFICE: HONG KONG,
BOARD OF DIRECTORS.
G. Miskin, E
Hon. Mr M. T. Johnso
I. E. Bousfiaid, Bag,
umpar
1. B. Ma
Sir
Foreign Exchange and General”Bank
and
Current Accounts opened, and Fixed Deposits received for one year or short which will be quoted on appli
Agencing and Beganba
The Bank's Band Offos in London and
Trustee. business, and claime recore of Betina Ixcome Tax crepaid, on
R. W. ROBERTS,
Manager.. Hong Kong, 1st January, 1935.
Meanwhile, investigations by the Japanese Statistical Bureau în Osaka Economic revival in the colony show that Japanese shipments to was reflected by the increasing North China in August this year State revennes, and the favourable decreased by 84.6 per cent compar-development of agriculture, com- THE BANK OF EAST ASIA, LTD.
ed with August last year, those to merce, trade and shipping.
-Profits
.$ 5,598,600.00
$ 2,776,726.76
Authorised Capital $10,000,000.00 Central and South China decreased The standard of life of the na-Paid-up Capital by 762 per cent, to the Netherlands tive population had been improved, Beserve and Undivided East Indies, Siam, the Philippines, and it could be considered to alle- French Indo-China and the Straits viate the burdens of the popula- Settlements by 62:2 per cent. and tion. to Manchuria by 15 per cent. Trans-Ocean.
=
SOVIET TRADE
FOR EIGHT
MONTHS OF '37
Moscow, To-day.
HEAD OFFICE~~HONG KONG. 10. Des Vonar Boad, Censual.
BOARD OF DIRECTORSzam
Turning to foreign policy, the Queen said that although the inter-or Shou-son Chow, Chairman; La Koon national situation gave some rea-Chun, Faq P. X. Kwak, Esq. Wong Yun Tong, Esq., Chan Ching Bbak, Esq., li Laz son for concern, friendly relations sng Bag Wong Chn Sơn, Esq. and Kan Ying between the Netherlands and other To, Esq. Fung Fing Wab, Faq. - Powers had remained undisturbed.
DEFENCE NEEDS
In view of the world situation, The total value of Soviet foreign trade from January 1 till the end however, strengthening of the de- of August this year was 1,929,200,-fence forces should be continued in 000 roubles, says the Commissariat the home country as well as in the
N. E. L for Foreign Trade.
?
.
Kan Tung Pu, Esq., Chief Mazagad Li The Fong, Esq., Manage
BRANCHES AND AGENCIES :—
Manila Malbourne
Singapore Durabaya Swatow Sydney
Semarang
Batavia
Bombay
Nagamali
Stanghe
Calcutta
New York
Desks Faris
Bankow
•Fairing
Feting
Lachoku
Rangoon
Saigon
1cky
San Franciscs
Londin
Vancouver
Yokohams
in- Important measures to that ef- This figure represents an *crease of 163,700,000 roubles com-fect would be immediately propos Every descriptive of Banking and Exchange. pared with the same period lasted by the Government-Transacted.
year.
As regards the total volume of
Soviet foreign trade, Great Britain
Ocean.
takes first place and the United LITTLE ENTENTE
States second.
Agricultural produce formed 253 SEES SAFER PHASE
per cent. of exports, and industrial goods 14.7 per cent-Trans-Ocean.
LOCAL SHARE-
MARKET
SHIPPING
IN EUROPE
Geneva, To-day."
The Rumanian Foreign Minister, M. Antonescu, who addressed the
Loans granted on approved
Current Accounts opened in Local Currency and Fixed Deposite Isosiveḍ for 'cos your o sonrtar perinde in Local and Forsign Currencies on terms which will be quoted on application.
Safe Deposit Boxes To Let.
KAN TUNG PO,
Chint Manager.
THE WING ON BANK. LTD.
Head Office: Hong Kong. 26, Des Foexx Road, Central. Authorised Capital $10,000,000-
LONDON BANKERS:- Westminster Bank, Ltd. Foreign Exchange and every des- cription of banking business transact-
Following is the list of changes and League Assembly on behalf of the enquiries in local share quotations this Little Entente. yesterday, said that ed morning:
in spite of numerous disquieting Current Accounts and Savings Ac- symptons he nevertheless considered counts opened. Mixed Deposits re- that the international situation had ceived at rates which will be quoted
un application. somewhat improved, as had been
Trusteeship & Executorship under- shown by conclusion of the Nyon tasen, Safe Deposit Boxes for hire.
PHILIP GOCKCHEN, Agreement.
Chief Manager
Douglases $483. D. Indo-Chines. (Det) $51 b. Indo-Chings (Def) $43 b. Union Waterboate $9.30 b.
LANDS, HOTELS & BLDGS. Chinese: Estates-$88-b.
PUBLIC UTILITIES Peak Trams (Old). $5 b. Peak Trams (New) $25 1.
AND STORES, &C. Wm. Powell. Ltd: 40 ctɛ. b.
MISCELLANEOUS * Constructions (Old) $1.60 b. Constractions (New) $100 E E. K. Gort. 35% Loan 1% Prm
LOCAL DOLLAR
It was true that peace was now threatened by a new danger, since political divergencies tended to be still further complicated by idealo gical conflicts.
The Australian delegate, Mr. Stanley Bruce, demanded restoration of the prestige of the League, Covenant could never be applied as long as some of the greatest Powers in the world remained outside
The demand rate of the Hong Geneva -Kong dollar this morning was 1/2% Under these circumstances, Article “Spot" silver was quoted at 19-XVIII was inapplicable, and in re- % and "forward at-19-
gard to the Far Eastern conflict th
The London on New York cross- Article, which obliges the League rate was quoted at £ US$4.9530 to take necessary measures for pre- And the New York on ondon serving peace, should consequently
ES $4.95.
dropped-Trans-Ocean,
COASTWISE
“ALGIE” BENNETT.
An interesting book of Cartoons depicting "Happenings on the China Coast.
Noro
PRICE $1.00
The Newspaper Enterprise Ltd.
#
EDWEIT ILOILO heo JOHORE -KOBE
KOWLOON
KUALA LUMPUR
SUNGEL
TERNERIN
ISINGTAO
YOKOHAMA
Current Accounts opened in Local Currency an Fixed Deposite peosivad fog ostamaan.xr- shorse--- periods in Local Catrancy, and Sterling, da derm which will be quoted on application
ALSO up to date SARE DEPOSIT “BOXES Tacitus sites. NO LER.
Hong Kong. Ist March, 1987.
HONG KONG SAVINGS BANK
The Business of the above Bank is conductor by the HONG KONG AND SHANGRA BANT ING CORFORATION. Balas, may - beż obtainer
on application,
FOR THE HONG KONG AND SHANGHA BANKING CORPORATION.
V. I. GRAYBURN,
Chin Managic.
Hong Kong, 1st March, 1987.
THE YOKOHAMA SPECTE BANK
LIMITED
Established 1880
Capital (fully paid-up) Yen.160,000/
Reserve Fund
YeL134100:000
Head Office:" YOKOHAMA
Branches and Agencies-
Alexandria
Bangkok Batavia Berlin Bombay
Calcutta
Canton
Dairen (Dainy)
Fengthen (Mukden)
Hamburg
Hankow
Hesbia
Hong Kong
Honolulu
Hsinking Karachi
Kobe
London
Mamla
Los Angeles
Moj Nagasak
New Fork Osaka
Paris Peiping Rangoon
Rio de JengÏts San Francisca Seattle
Semarang
Shanghai
Singapore
Sourabaya
Sydney
Tientsin
Tokyo
Tsingtau
Yingcow.
Interest allowed for Curr counts.
Deposits received for fixed periods. at rates to be obtained on applic tions.
Y. KANO,
Manager Hong Kong, 11th September, 1937
THE
SHANGHAI COMMERCIAL &
DNES
BANK LIMITED.
rporated
Capital paid up Bescrves
£5,000,000. 10,000,000
Capital Savings Dépíté Reserve Savings Dept. $680,000