THE CHINA MAIL, OCTOBER 19, 1937.
BUSINESS AS USUAL CHINA'S NEED
Canton, To-day.
Mr. E. H. Lockwood, secretary of the YMCA. who is serving as hon- orary secretary of the Justice for China Association, stressed in an interview yesterday that the "busi- ness as usual" attitude is absolutely essential as a means to resist Japan, for nothing can be gained by fear of further air raids.
"Japanese aerial attacks," said Mr. Lockwood, “aim at not only de- struction but injection of fear in the minds of the people, so that busi ness may be at a standstill-Loss in trade is one of Japan's main ob jectives."
LOCAL SHARE
MARKET
BANKS
Hong Kong Bank $1555
SHIPPING:
H K Steamboats 39 s Indo-Chinas (Pref:) $51 b Indo-Chinas (De£3 $43 h. DOCKS, WHARVES, GODOWNS, ETC
H K and K. Wharves $110 b., $112
Providents (New) 30 ets. s.
LANDS, HOTELS & BLDGS. HK Lands $29 b
~PUBLIC UTILITIES Peak Trams (Old) $6 b. Peak Trams (New) $3 b. China Lights (Old) $10.80
STORES, &C. Dairy Farms $24.40 b. Wm Powell, Ltd. 40 cts. b.
"MISCELLANEOUS Vibro Piling $4.55 b.
WORLD TRADE WITH WAR ON
London, To-day..
Golombo
bong bang Hankow
Hoen Long
BANKS
and
CHINA
BANKS
ONG AND
0,000 LOGO
£3,000,000
ket)
Foreign Exchange, and
Banking busimalka
Depo
Current
which will be "qua
The Bank's
sad. Office i
recovery of British. Tato terms which may be ascertained at su
•Agencies:: sud· Brancizes.
RW. ROBERTS,
Manager
Mr. Lockwood said that lawyers, doctors, students and teachers should get together to discuss means to
A Geneva message states that the meet the crisis. Officials should sum- mon business leaders to impress the effect Far Eastern crisis has them that a "back to normal" at had on world trade is revealed by titude will help to defeat the enemy the monthly statistics of the and fear brings the opposite re League's economic intelligence ser- world vice The gold value of sult
"It is more important to win the trade in August was three per cent. war than to save our lives," declar-less than the figure for July Not THE BANK OF EAST ASIA, LTD. ed Mr. Lockwood. International only did world imports decline con- News:
2
Hong Kong, 1st January, 1935
siderably but exports were much Authorised Capital less-British Wireless
NEW YORK
DUKE OF KENT AT MOTOR SHOW
OF KENT SHARE SLUMP
London, To-day
A severe slump hit the New York Stock Market yesterday, prices closing at near the lowest for the 14 day: Stocks broke from 2 to points, and the Dow Jones average for industrials shows a fall of 10:50
The Duke of Kent, who yesterday paid a visit to the Motor Show at points. the new Earls Court, was most in-
"The forces of fear and of forced
ulative effect,
terested in high-power.models speci-selling had a ally constructed for export to Bri- according to one commentator. tish countries.
The Duke met the Controller of LOCAL DOLLAR the Department of Overseas Trade The demand rate
Paid-up Capital Reserve and Undivided
Profts
$10,000,000.00 5,598,600.00
776,726.76
HEAD OFFICE HONG KONG.
10 Day Foren Boad, Centen
BOARD OF DIRECTORS:—
Hon Sir Shou-son Chow, Chairman; Li Koor
WODE Chaz, Esq+ P. E. Krok, Esq
Tong, Ess Chan Ching Sher Esq., 12 Lan Sang. Eng. Frong Chu Son, Eng Kan Ying-Pa Esq., and Fung Ping: Wah, Eq
Kobe
Hong
London
Every business
“Spot silver was quoted at
20
who told him that a record business Kong dollar this morning was had been done in British cars, and 11/27%
that manufacturers were consolidat- ing expansion in exports-Renter. and "forward" at 1978-
WEAKNESS DEVELOPS IN RUBBER MARKET
•New York, To-day.
The weakness of the rubber mar- ket is attributed to selling both here and in London against liberal Far of which Eastern offerings, some
were ordered to be executed at the best price.
The opinion is held locally, that the Far East is pressing rubber with a view to testing the attitude of consumers on the theory that if no support is forthcoming it will tend to force prompt revision of the quota Reuter
Owing to the protracted hos- tilities in the immediate reigh- bourhood of Shanghai, the arrest of enterprise and dislocation business generally, the publicatio of the old established “Shippi and Engineering Weekly has suspended during October.
Arrangements have been made. for issues to be printed first week in Novembe
The London on New York cross- rate was quoted at £U.S.$4.9578 and the New York on London rate:
at
US$4.953-
FOR SKIN TROUBLES.
For the curative treatmen
་་་
forms of skin trouble, pimples ish, eczem dry and running sores, to: tisept
SHE-KO
Kun Hung Po sq., Chief Managez-
Manager. AGENCER
Banking and Losss granted on Curren Accounts opened in Local -and-Fire Deposits, recaired for one
shorter periods in Local and Foreign Curr on team which will be quoted on applica
Safe Deposit Bates To
KAN TUNG PO, 1
THE WING ON BANK, LTD.
Head Office: Hong Kong.
Des Voeux Road. Centrals. Authorised Capital $10,000,000
500.000
serve Liability of Proprie
$20,000,000
HEAD OFFICE: HONG KONG. BOARD OF DIRECTORS.
G. Miskin, Esq.,
Hon Mr. M
Deputy Chart
IK. Boufeld, Esq., A. H. Compton, Esq.
J. R. Mason, Esq.
Sir Vandeleur M. Graybur
Chief: Manager.
BRANCHES
LONDON LIONS 31A
LOCA
5. H. Dodwell, Baqu
JOCHOW HAMBURG HANKOW HARSIN HONGTEM
TORGNG
TLOEND
JOHORE KORE KOWLOON
KUALA LUMPUR
ALL.Shinh
PATAN
YOKOHAMA
Current Accounts opened in Local Currency and Fixed Deposite resised for one year or shorter periods in Local Currency and Stering on terms which will be quoted on appl
OSTL: BOXESTM
ALSO up to date SAFE, caziour sizer TO TET
Hong Kong 1st
1987
-HONG KONG SAVINGS BANK
The Business of the bore Bank is conductes by the HONG KONG AND SHANGHAI BANE ING CORPORATION. - Pales may be obtained. on application..
FOR THE HONG KONG AND SHANGHAI BANKING CORPORATION.
V. M. GRAYBUEN,
Chief Maran
Hong Kong, 1st March, 1937:
THE YOKOHAMA SPEELE BANK
IMITED
Established 1880
Capital (fully paid-up) Yen 100,000,000 Reserve Fund.
"Head Office: YOKOHAMA
Branches and Agencies
Bangkok
Batavia Berlin
Bombay
Calcutte
Canton
Dairen (Dainy)
Мой
Nagasaki
Nagoya
New York Osaka
Otar
Paris
Perging
Fengtien (Mukden) Rangoon
Famburg
meiro
San Francisco
Seattle
Semarang
Shanghai
Hankow
Harbin
Hong Kong
LONDON BANKERS: Westminster Bank, Ltd Foreign Exchange and every
Fionolulu
Hsinking
des-
Karachis Kobe
Som
comats
af banking business transacted Current Accounts and Savings AcLondon
Fixed Deposits T-MANT
ceived at rates which will be quoted on Los Angeles application.
& Exxecutorship under- Interest allowed
afe Deposit Boxes for hire.
PHILIP GOCKCHIN
Chief Manager
COASTWISE
ENNETT.
An interesting book
The
PRICE $100-
counts.
Deposit Fat rates
NO.
1937
SHANGHA
SAVINGS
SERCIAL &
MITED
se, Ltd. Iding
Phone $1115.