THE CHINA MAIL, DECEMBER 29, 1937.

STOPGAP SILVER PRICE AGREEMENT

Washington, To-day.

A tentative agreement has been concluded

United between the States and Mexico under which American purchases of Mexican silver through January will be con- tinued at the same price as hereto fore, which is about 45 cents 21 ounce.

JAPAN AND ITALY

Tokyo, To-day.

The Trade Treaty between Ja- pan and Italy, negotiations for which have been under way for some time, is to be concluded at the beginning of next month, ac- cording to the "Asahi Shimbun.“ The new Trade Treaty contains extension of former provisions to apply to new Italian possessions" in East Africa. Trans-Ocean.

The understanding represents a stopgap pending negotiations for a The B. I steamship Talma is permanent agreement which, it is leaving Amoy for this port to-day, to-morrow. She understood, cannot be reached un-and is due here

til President Roosevelt has announ-will leave for Singapore, Port ced the domestic price policy for Swettenham, Penang, Rangoon and Calcutta on Saturday, Jan. 1, at 10. next year-Renter.

BRITISH REVENUE FIGURES

London, To-day.

show

that

Exchequer returns »with a week to go before the end of the third quarter of the finan- cial year, the total ordinary re to £469,812,653, venue › amounts compared with £443,578,800 at the corresponding date of last year. Some £86,211,000 of income tax has been collected out of £288,150.000 estimated for the whole year and compared with £73,662,000 at this time a year ago..

Total expenditure, less self- balancing items, is £637,367,814 compared with £579,618,083 at the corresponding date of 1936. ·

Total floating debt outstanding on December 25, was £983,040,000 compared with £851,310,00 on De cember 26, 1936, and represented a net increase of £284,910,000 ̄sänce March 31--British Wireless.

LOCAL DOLLAR

The demand rate on the Hong Kong dollar this morning was 1/28---

30 am.

THE MERCANTILE BANK OF INDIA, LTD.

·FEAD OFFICE:

BANKS

BANK OF

THE CHARTER

INDIA, AUSTRAL & CHINA

BANKS

HONG KONG AND SHA

BANKING CORPORATION

Autorz

#50:000,000 **0=20,000,000

Issued and Ball

Reserve Funds:

£3,000,000)

Sterling

$3,000,000

£3,000,000

HEAD OFFICE-LONDON 38, Bishopsgate, E C 2- Paid-up Capital. Reserve Fund Reserve Liability of Proprie

··tors

Manchester Branch, 71, Mosley Street, Manchester. Agencies and Branches:

Alor Star

Bangkok Batavia Bombay Canzon Compos

Iloilo Ipoh

Kang Kobe Kuala Lumpur Kushing

Bangoon Sairon

H

Ceba Colombo.

Haiphong Hamburg

Haukow Harbing Hoog hong

Manila Median

New York Paiping

(Peking)

Fanang

Tsingtao Yokohamas. Zamboanga.

Foreign Exchange and General Banking business

textuacial..

Current Accounts, opened and Fixed Deposits. received" for one year or shorter perioda. at: TAIDE which will be quoted on application

The Bank's Bead, Office in London undertakes

clairem Executor and Trustee business, and recovery of British Income The overpaid, taxis which may be saneriaimed at any of its Agencies and Benches..

EW. ROBERTS,

Manager.

13, Gracechurch Street, Londos,, E.C.B.

£3,000,000 Authorised Capital Subscribed Capital

1,800,000, Hong Kong, 1st January, 1935. Paid-up Capital Reserve Fund & Rest

BANKERS-

1,050,000

1,247,830

The Bank of England & Midland Bank, Ltd.

Bangkok Bombay Calcatio

Now Fort Fenszg

BRANCELES

Ipoh

Kandy

Kasachi

Port Louis

Kota Bheem

Kuala Lipis

Rangoon

Kuala Lumpur

Hoa Long

Kuala Trengganu.

Sizcila

Howrah

Colombo Dalki Galle

(Mauritius)

Shanghai

Busstan (Pabang) Singapore

Madina:

HONG KONG BRANCEL

Every description of Banking and saxchange buses

acted.

Travellers Cheques issued..

Trustee and Executorships undertaken. INTEREST Allowed an Current Accounts and. Fixed Deposits at Bates that may be ascertainad. on application.

D. BENSON,

7 Queen's Boad, Central.

Manager.

THE WING ON BANK, LTD.

Head Office: Hong Konga 26, Des Voeux Road, Central Authorised Capital $10,000,000

LONDON. BANKERS: Westminster Bank Ltd Foreign Exchange and every des cription of banking business transacted Current Accounts and Savings Ac- counts opened. Fixed Deposits re- ceived at rates which will be quoted on

"Spot” silver was quoted at 18- 3/16 and forward" at 18...

The London on New York cross-application.

Trusteeship & Executorship under- rate was quoted at US$4.9968 take Safe Deposit Boxes for hire. and the New York on London rate' at £ US$49934-

PHILIP GOCKCHIN,

Chief Manager

THE BANK OF EAST ASIA, LTD.

$10,000,000.00

$ 5,598,600.00

Undivided

$ 2,776,726.76

Authorised Capital Paid-up Capital Reserve and

Profts

HEAD OFFICE: HONG KON

10, Des Voeux Road, Central.

BOARD OF DIRECTORS—

Hon. Sir Shon-son Chow, Chairman; I Koon Chen, Esq. P. EK Eg Wang Yan Tong, Esq Chao Ching Shak, Esq., In Sang, Esq., Wong Chu Son, Eaq, and Kan Ying

"o. Esq., Fung King Wah, Esq.

Amoy

Batavia

Bombay

Calcutta

Canton

Kan Tung Po, Esq., Chief Manager Li The Fong, Esq., Manager. "BRANCHES AND AGENCIES:-

Seat:

Honolula

Kobe Kowloom

Rangoon Safgon

Tokyo

San Francisco

Zokohama

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

Current Accounts opened in Local Carrancy and Fixed Deposits received for the year of shorter-perius in Local and Fansign Cumcies on terms which will be quoted on application.

Sala Deposit Box To Let.

KAN TUNG PO,

Chiat Mazagen

THE TAIKOO DOCKYARD & ENGINEERING COMPANY >

OF HONG KONG, LIMITED

BUILDERS OF ALL CLASSES OF SHIPS.

BUILDERS OF RECIPROCATING STEAM ENGINES.

BUILDERS OF MARINE AND-LAND BOILERS.

BUILDERS OF TURBINE MACHINERY.

Under License From Messrs, „Parsons,

BUILDERS OF DIESEL ENGINES.

Under Special License From Messrs. Sulzer Bros.

Licensed To Manufacture Lanz Perlit Iron, Specially Suitable For Internal Combustion Engine Working Parts.

DOCK & SLIPWAYS

FOR DOCKING VERY LARGE, AS WELL AS SMALLER VESSELS, ON ANY TIDE

ALL CLASSES OF SHIP ENGINE AND BOILER REPAIRS AND EXTENSIVE WELDING, BOTH ELECTRICAL AND OXY-ACETYLENE SKILFULLY – AND.

PROMPTLY CARRIED OUT

Stock Laiknodock,” Hong Kong-

Tel. Address **

Telephone

30211.

Call Flag: "Numeral One,” over “Pennant -Anng,

Hong Kong Currency

Reserve

$ 6,500,000

$10,000,00

0,000,0

Reserve Liability of Proprie-

HEAD OFFICE: HONG KONG.

BOARD OF DIRECTORS.

G. Miskia, Esq

Chaintzak.

HOL. Mr. M. 1 Johnson,

«Deputy Chaluwan.

J. K... Bousfield, Esq. A. E. Campion, Esq.,"

SH-Dodwelt, Begin J. B. Masson, Eaqu

& Morris, En Hon Mr.J.J. Patna

T. E. Paaron, Esq.,

-A. L. Skisifia, Zaqoo

Sir Vandeleur M. Grayburn,

AMOY

BANGKOK

BATAYEA

BOMBAY

CALCUTTA CANTON

COLOMBO DAIRES FOOCHO

DIRG

HARBIN HONGKEW

JOHDEE

FORK KOWLOON

Chief Manager..

BRANCHES

KUALA LUMPUR

Fixed

LONDON LIONS MALACCA“

MANILA

YORK

MUAR. (Jobor#}}}| MUKDEN NEW PEEING PEMANG BANGOON

SAIGON SAN FRANCISCO

SHANGHAI ---

SUNGEI PARANTI TIENESIX

STOKYO

TSINGTAO

FOKOHAMA

Kocounter opened in Local CurrancyCand Deposita recettede fuer Tonezyme-cer abortag?? periods Local Currency and Shading on sering which will be quoted on application.

ALSO up data: "SAFE DEPOSIT BOXES` in various sism TO LEN

Hong Kong, 1st March, 191

HONG KONG SAVINGS BANK

The Business of the shore Bank is conductail. by the HONG KONG AND SHANGHAT BANK-“ ING CORPORATION. ·Balms may be obtained

application.

FOR THE HONG KONG AND SHANEHAT BANKING “CORFORATION:

V. M. GRAZBURK Chief Mar

Hong-Kong, 1st March, 1937

THE YOKOHAMA SPECIE BANK LIMITED

Established 1880 Capital (fully paid-up) Yen 100,000,000 Reserve Fund

#Yen.134,

Head Office: YOKOHAMA

- Branches and "Agencies at

Moji Nagasaki Nagoya

Alexandria Bangkok Batavia

Berlin Bombay

Calcutta Ganton

Dairen (Dainy)

New York

Osaka

Otara

Paris

Perpig

Fengtien (Mukden) Rangoon

Hamburg

Hinkow

Harbin

Rio de Janeiro

San Francisco

Seattle

Hong Kong

Sen

Honolulu

Hsinking

Karachi

Kobe

London

Manila

Los Angeles:

Shanghai Singapore Souraba Sydney

Thenxin Tokyo

Tsingtau

Yingkow

Interest allowed for Current

counts.

Deposits received for fixed periods

t rates to be obtained on appl

Y. KAÑO-

Hong Kong, 11th September, 198

THE

SHANGHAI COMMERCIAL & SAVINGS BANK -HIMITED (Incorporated in China)

Capital paid Reserves Capital. SavinĖS Reserve Saving 4 Head Off

BUTTERFIELD & SWIRE, Agam

Queen's Ro

Phone $116.

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