ZEHEKCHINA) MAIL, JANUARY 25, 1988.

BOMBAY STOCK PUBLIC WORKS MARKET PANICA BORROWINGS WE CLOSURE ORDER IN ENGLAND

London, To-day.

BANKSMATE BA

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA

Incorporated by Bayal Charter, 1858. HEAD OFFICE: CONDON.

38, Bishopsgate. Paid-up Capital,

11 Sepage

BANKS

HONG KONG AND SHANGHAI

BANKING CORPORATION

Authorised Capitale

Issued and Fully Paid-up Reserve Funds:

$50,000,000

20,000,000

Sterling

6,500,000-

Hong Kong Curri

serve

$10,000,000

Reserve Liability of Proprie-

$20,000,000

£3,000,000 £3,000,000

tors .£3,000,000

tors:

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

Alor Star

Bombay, To-day. The Bombay Stock Exchange Public bodies were authorised Reserve Fund will probably close until the end of by the Minister of Health to bor-Reserve Liability of Proprie- February, according to the wishes row £22,231,605 for capital ex- of most of the directors, following penditure during the final quarter of 1937-an increase of over £2,- the panic.

"The Times of India," in a 750,000 on the amount authorised leader yesterday, stated that the in the same quarter of 1936. difficulties experienced by the Ex-

Housing continues to be the for which change were due to the action of

most important item brokers doing most of their busi-local authorities borrow money ness with insufficient margin.

and nearly £20,000,000 was sanc- tioned for this purpose.

added that as most The paper business was of

speculative a

Large sums have also been au- character, the authorities should thorised for the provision of new devise measures to restrain specu-and better schools. lation.-Reuter.

The present National Fitness Campaign gives special interest

Countries

to loans authorised for the erec-| tion of gymnasiums and swim- ming pools and for the purchase of

Placed Into land for playing fields amounting

Categories

Budapest, To-day.

cate-

to over £860,000. Other interest- ing sanctions are those for the at Brentwood purchase of land

Amritear. Bangkok

Batavia

Bambay Calcutta

Canton

Iloilo Ipoh Karachi Klang

Singapore Sitiawan

Sourabaya

Bangoon

Saigon

Samaraug Seremban

Kobe

Shanghai

Kuala Lumpur

Kuching

Cawnpore Cebu Uebu Colombo Delhi

Manila

Medan

Hamburg Hankow Harbin

Hong

ong Kong

Haiphong

New York Peiping

(Peking)

Fenang

itain

Tongkah

(Bhuket)

Tsingtao Yokohama

Zamboanga

Foreign Exchange and General Banking business transacted.

Current Accounts opened and Fixed Deposits received for one year or shorter periods at ratas which will be quoted on application.

The Bank's Head Office in London undertakes. -claima busing overpaid and Executor

Trustee British Incomis af recovery torms which may be ascertained at any of its Agencies and Branches.

and

R. W. ROBERTS,

Manager.

Hong Kong, 1st January, 1935.

for London's Green Belt and at THE BANK OF EAST ASIA, LTD. Crewe for a new aerodrome.-

"Germany does not place all British Wireless. foreign countries in one "gory," declared the chief of the Nazi foreign organisation, Wil- helm Bohle, in a speech before the Hungarian Foreign Policy Association here yesterday..

Nazi Germany, he said, recognis, ed three groups of foreign coun- tries,

Those which were outspokenly antipathetic to Germany,

Those

with

whom Germany

GROWTH OF MOTOR TRAFFIC IN BRITAIN

London, To-day.

A road vehicles census for the maintains gormal relations, and final quarter of last year gives Those with whom Germany has new information, based on re- particularly close, and friendly re- presentative samples from four lations.

typical areas.

NOT MILITARISTIC

This information relates to the age of licensed vehicles and the about Herr Bohle defended German or-

general indication is that countries,

one third of the vehicles in use ganisations in foreign pointing to other nations, including were five years old or over. Britain, who maintained similar The number of

bodies.

cars

licensed totalled 1700 105. repre

Herr Bohle declared: "We are senting an increase of 103 per cent. a militarily efficient people, of over the figure for 1928 and com- whose capability we are justly paring with 1,642,850 in the final proud, but we are not militaristic quarter of 1936. in the sense of conquest." Ocean...

Trans-

LOCAL SHARE

MARKET

Following is the list of changes and enquiries in local sbare quotations this morning:

BANKS

Hong Kong Bank $1480 b., $1500 s. Bank of East Asia $82 h.

INSURANCES

Union Ins. $502 b., $507 s. China Underwriters $1.40 b.

SHIPPING

Douglases 857-b.

H. K. Steamboats $11 b., $11 sa. DOCKS, WHARVES, -GÓDOWNS

ETC.

H. K. and K. Wharves $115 b. H. K. and W. Docks $28 b. Providents (Old) $2 b Providents (New) 35 cts.

sa.

MINING

Antamoks Ps. 53 sa.

Atoks Ps. 24 sa.

35 ets.

Baguio Gold Pa. .21 sa. Benguet Consol. Ps. 9.90 sa. Coco Grove Ps. 153 sa, Consolidated Minës Ps. 011 sa. Demonstrations Ps. .391⁄2 £8. SSIX, L. Ps. .62 sa.✨*

Paracale Gumaus Ps. 20 sa. San Mauricio Ps. 51 sa. Sayoc Consol. Ps. 18 sa.. United Paracales Ps. „481⁄2- 88.

·LANDS, HOTELS & BLDGS. H. K., and S. Hotela $5.45 se. Humphreys 38 b.

H. K. Realties $4.35 b.

PUBLIC UTILITIES

75$14.45

H. K1 Tramw

50 B Peak Trams (Old) $6% b.

The most notable increase was in light cars of the 10 horse-power class. New registrations for the whole of: 1937 numbered 486,269, an increase of 36,930 over 1936- British Wireless.

LOCAL DOLLAR The demand rate on the Hong Kong dollar this morning 1/27%.

HEAD OFFICE: HONG KONG. BOARD OF DIRECTORS. G. Miskin, Esq..

Chairman.

Hon. Mr. M. T. Johnson,

Deputy Chairmda

J. K. Bousfield, Esq., A. H. Compton, Esq.,

8. II. Dodwall, Eag., J. B. Masson, Red....

E 8. Morrison, Es,

Hon. Mr. JJ. Fatarne-

T. E. Paaros, Eng».

A: L. Shields, Esq.,

Sir Vandeleur M. Grayburn,

AMOY BANGKOK

BATAVIA BOMBAY CALCUTTA

EFOO

COLOMBO

FOOCHOW

HAIPHONG

HAMBURG HANKOW Y

HARBIN HONGREW ILOILO -IPOH

JOHORE

ZOBL

KOWLOON

Chief Manager.

· BRANCHES :-

KUALA LUMPUR

LONDON LYONS MALACOA MAKILA

(Johore)

W YORK NEW PEITING TENAND RANGOON SAIGON SAN FRANCISCO

SHANGHAI

SINGAPORE SOURABAYA SUNGEI PATANI TIENTAIN

TOKYO

TSINGTAO

YOKOHAMA

Currant Accounts opened in Local Currency, and Fixed Deposits received for one year or shorter periods in Local Currency and Sterling on $10,000,000.00 Authorised Capital 5,698,600.00 wilch will be quoted of APPLICATI Paid-up Capital Reserve and

Profits

Undivided

$ 2,776,726.76

HEAD, OFFICE":-HONG KON 10, Des Vonx Boad, Central-

BOARD OF DIRECTORS :— Hon. Sir Shou-son Chow, Chairman; Li Hoon Chun,

Esq., P. E. Kwok, Esq., Wong Yua Tonga

Esq., Chan Ching Shak, Esq., Li Lan Sang, Esq., Wong Chu Boa, Etq. and Kan Ying

Esq., Fung Ping. Wah, Esq.

0.

"AYMOR

Ban Tung Fo, Esq., Chief Maangor. Li The Fong, Esq., Manager. -

* BRANCHES AND AGENCIES:

Batavus Bombay Jaloutta Canton Haiphong

•Hankowo Honolulu

Maibourne Nagasaki

Seattle Samstang

Shanghai

New York

Osaka

Singapore Sourabaya

Paris

Sydney

Faikoku

Tientsin

Feipins

Faning

Saigon

Kobi

Rangoon

Kowloo London

Ban Francise,

Tokyo

Vancoavor Yokohama

Every description of Banting and Exobang business transnoted. Loans granted on approved Current Accounts opened in Local Currency End Fixed Deponite received for cas year, or shorter periods in Local and Foreign Currencies ob terms which will; be quoted on application.

Safe Deposit Boxes. To: Let.

'KAN TUNG PO,

Chief Mansgor.

THE WING ON BANK, LTD.

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

LONDON BANKERS:---- Westminster Bank, Ltd.

terms

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

Hong Kong, 21 Maron, 1987.

HONG KONG SAVINGS BANK

The Business of the above Bank is conducted by the HONG KONG AND SHANGHAI BANK- ING CORPORATION. Bules may be obtained -on application, potent

FOR THE HONG KONG AND SHANGHAI BANKING CORPORATION.

V. M. GRAYBURN,

Chief Manager. 1987.

Hong Kong, fat Ma

THE YOKOHAMA SPECIE, BANK

LIMITED

Established 1880)

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

Yen,184,400,000

Head Office: YOKOHAMA

Branches and Agencies at

Alexandria Bangkok Batavia

Berlin,

Bombay

Gulcutta

Canton

Dairen (Dainy)

*Moji

Nagasaki Nagoya New York. Osaka

Otaru

Paris

Peiping

Fengtien (Mukden) Rangoon

Rio de Jeneiro

San Francisco

Seattle

Semarang

Hamburg

Hankow

Harbin

Hong Kong Honolulu

Sourabaya-

Sydney Tientsin

Foreign Exchange and every des- Hsinking ascription of banking business transacted. Karachi

and Savings. Að ↑ Kuve 'Current Accounts:

Fixed Deposits re- London counts opened.

Los Angeles®

"Spot" silver was quoted in Louceived at rates which will be quoted on Manila don yesterday at 20 and forward application. at 19-13/16.

Trusteeship & Executorship under- The London on New York rate taken. Safe Deposit Boxes for hire.

PHILIP GOCKCHIN, was quoted at -U.S.$4.9978 and

Chief Manager rate the New York on London £-U.S.$4.99-13/16.-

Peak Trams (New) $8% 8. Star Ferries $86 b. Yaumati Ferries $24 b China Lights (Old) $10% b. China Lights (New) $7.35 b. H. K. Electrics $53% b Telephones (Old) $25.80 b. Telephones: (New) $8% b.

INDUSTRIALS Canton Ices $1.70 8. Cements $13.35/40 8. H. K. Ropes $4% b..

STORES, &C.

Dairy Farms $25 b.

COTTON MILLS

Ewo Cottons Sh.$10.55/11 sa. Shanghai Cottons-Sh.$58 b., $58 sa.

MISCELLANEOUS

Entertainments. $5.90 b.

Constructions $1 bil

$14:45/

Wallace Harpers $32 b...

Maramana Inv.

8/17

Marsmans. Inv.

THIS BOOK SÖLVES A KNOTTY PROBLEM The "KNOT" there':

problem.

KELLY'S DIRECTORY

Merchants, Manufacturers and Shippers of the World

Obtainable from

Millington Limited

Shanghai Singapore

Tokyo

Tsingtau

Yingkow

Interest allowed for Current AC- counts.

Deposits received for fixed periods at rates to be obtained on application.

Y. KAÑO,

Manager: Hong Kong, 11th September, 1937.

THE

SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED (Incorporated in China)

*$5,000,000. Capital paid up ....

$10,000,000 Reserves Capital Savings Dept. ..$500,000. Reserve Savinga Dept. $600,000. Head-Office-Shanghai

A Bank having as its mission the industrial development on China and the fostering of her commercial relations abroad,

Hong Kong. Ofice-- Queen's Road, Central

Phono 31116.

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