THE CHINA MAIL, JULY 13, 1938.

CHILDREN'S PUZZLE

THE MYSTERIOUS LOOP. IN A LOOP OF STRING 012 RUBBER BAND 16 TWIRLED AROUND THE FINGERS, AS IN FIG.1. THE FINGERS · ARE THEN BROUGHT TOGETHER, AS IN FIG.27 UPON SPREADING THEM APART WITHOUT LOSING

· THE TOUCH BETWEEN THE HANDS AS IN FIG.3, THE LOOP OR RUBBER BAND FALLS TO THE GROUND. ET ANY OF YOUR FRIENDS TRY THIS AND THEY WILL FIND, MUCH TO THEIR DISGUST, THAT THE LOOP WILL REMAIN AROUND THE FINGERS.

BHE SECRET IS SIMPLE. IT IS NECESSARY,

OF COURSE, TO GET THE RING INTO THE POSITION SHOWN IN FIG.2. EVERY ONE WILL START THE TWIRL, WHICH IS MERELY FOR MISDIRECT- ION, WITH THE BACKS OF BOTH HANDS UPWARD. YOU MERELY REVERSE ONE OF YOUR HANDS. (SEE FIG. 1 AGAIN.) THIS BRINGS THE FINGER OF ONE HAND AGAINST THE THUMB OF THE OTHER,

BANKS

THE CHARTERED BANK OF INDIA AUSTRALIA & CHINA

Incorporated by Royal Charter, '1858, HEAD OFFICE: LONDON 38, Bishopsgate, E. C. 27. Paid-up Capital Reserve Fund Reserve Liability, of Proprie

HONG KONG AND SHANGHAI BANKING CORPORATION

Authorised Capital Issued and Fully Reserve Funds

Sterling

Hong Kong Currency

Berve

.£3,000,000

‚£8,000,000

Reserve Liability of

| $3,000,000

prietors

Manchester Branch,

71, Mosley, Street, Manchester. Agencies and Branches

Alor Star. Amritsar Bangkok Bateria

Iloilo

Pol

Bangoon

Karachi

Balgon

Beremban

Shanghai

outta

Kuala Lumpu Kuching.

Bingapore

Sitiawan

Sourabaya

Canton Cawnpore

Cabu Colombo Delhi Haiphong

Madras Manila Medan

Now York

Taiping

(Peking} Poning.

$50,000,000

20,000,000.

0,500,000

$10,000,000

$20,000,00

Answer to yesterday's puzzle:

HEAVY U.S. BUDGET DEFICIT DISCLOSED

Washington, To-day.

A deficit of 3,984 million dollars the forecast for the fiscal year that began on July 1st.

In the revised budget estimates issued, President Rossevelt explain- -ed that the estimates issued in January were based on the hope of a decided improvement in business, which not only did not improve, but gradually grew worse.

The expenditure, estimated at 8,985 million dollars, would set a -peace-time-record,-while-the-gross deficit, estimated at 4,084 million dollars, was the second largest de- ficit since the World War,”/

President Roosevelt calculated that Congress would probably have to appropriate 500 million dollars more for the Works Progress ad- ministration.

DEFENCE COSTS

The President expected the de- cline of business to make inroads into very important branch of the' Treasury's revenue total, the re- venue probably falling from 6,241 million dollars last year, to 5,000 million dollars for the coming year, and the President estimated that defence coats would rise by 76 million dollars to a new post-war record of 1,050 million dollars.

A

I

IN

N

Owing to the Treasury's cásh balance as a result of gold sterilisation and other causes, Pre sident Roosevelt advanced - the opinion that it would only be neces- sary to borrow about 2,805 million dollars to finance the deficit. Reu

ter.

REVENUE DOWN

-ZZ

ANTAZZA

BHUHA

EX

02.

Hamburg

Hankow

Harbin

Hong Kong.

(Bhuket) Talogtao

Yokohama Zamboangs

Foreign Exchange and General Banking businous transacted.

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

mcovery

The Bank's Head Omos in London undertakes Executor and Trustee business, and olaima of British Income Tax Overpaid, OD terms which may be, ascertained at any of its; Agencies and Branobes.unitate en

D. J. GILMORE,

Acting Manager. Hong Kong, 1st January, 1935.

THE BANK OF EAST ASIA, LTD.

Authorised Capital ..$10,000,000.00 LOCAL SHARE Paid-up Capital .$ 5,598,600.00

Reserve and Undivided

Profits...

2,776,726.76

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

London, To-day. Treasury returns show that total ordinary revenue to date to be £150,363,456 against £169,037,272 at the corresponding date last year. Customs, and excise account for the present year's £87,669,000

The total ordinary expedíture to date. the current year, amounts 2267,674,182 against £289,849,779 at Tóth July, last year.

Wireless.

BANKS

Hong Kong Bank $1500, b. Hong Kong (Lon. Reg.) £90 b.

INSURANCES

Union Ins. $5021⁄2 sa. SHIPPING

Douglases. $85 8.

Union Waterboats 39 b.

DOCKS, WHARVES, GODOWNS, ETC.

H. K. and K. Wharves $127 b. Providents (Old) $3.45.b., $81⁄2 sả. Providents (New) $3.35 5 b., $3.85 su.

MINING

Raubs 89.65 b. ⠀ Venz: Goldfield $3 b. H. K. Mines 8 cts. BA. Antamoks Pa. 38 88. Atoks Ps. 261⁄2 sa. Baguio Gold Ps. „21-aa. Coco Grove Ps. 44'sa. Demonstrations Ps. .27 sa. 1. X. L. Ps. .65 sa.

San Mauricio Ps. 43 sa.

LANDS, HOTELS & BLDGS, H. K. and S. Hotels. $6.55 b. H. K. Lands $34% b., $35 sa. H. K. Lands 4% Debentures 104 b. H. K. Realties $6 b..

· PUBLIC UTILITIES

b

H, K. Tramways $17.45 b... Peak Trams (Old) $6% Star Ferries $78 b.

Yaumati Ferries (Old) $24% Yaumati Ferries (New) $231⁄44 b.. China Lights (Old) $10.90 b. China Lights (New) $8 b.

H. K. Electrics $004 b., $60/60%

*ga:

Telephones (New) $9 b.

INDUSTRIALS Cements -$16.60:b.

STORES, &C. Dairy Farms $24.60 b.. Watsons $8.65 b., $6.80-s.

-CONSOLIDATED : China Prov. (Old) $0.00 b. China Prov. (New) $6.70 bija

THE MERCANTILE BANK OR INDIA, LTD.

HEAD OFFICE':

15, Gracechurch Street, London,” E.0.8.

Authorised: Capital Paid-up Capital Subscribed Capital:

Reserve Fund & Rest

The Bank of Engi

· BRANCHER

Ipah Kanatan Kandy..

Bangkok

Bombay

Caloutta

Colombo

Dell

Kota Bhar

Kuala Lipis

Howrak

Kuala Lumpur

Kuala Trengganu,

HEAD OFFICE:-HONG KONG, 10, Des Vaux Road, Central,

BOARD OF DIRECTORS:- Hon. Bir Bhou-son Chow, Chairman; Li

Eng W Chun, Esq., P. L Kwok, Tong, Esq Chan Ching Bhak, Esq., Bang, Eng. Wong Chu Son, Esq., Kan Ying Esq. and Fung Ping Wah," "Eag," "

1,050,000

28,000,000

∙1;800,008

1,247,830

land® Bank, LA.

HONG KONG BRANCH.

Every description of Banking and Exchange

AAESTRUSTEE FIND EIKOUTORSHIP

UNDERTAKEN. CURRENT 2

ADCOUNTS opened in Looni Currency and "FIXED DEPOBITS -received fu “Loos! Gurrehdy, STABLING. & U.8, DOLLARS Con 1 šerms. thai... - may✨, bez saosrtained 37 on British applioso

HEISON,

Kan Tung Po, Esq., Chief. Manager. Li Tas Fong, Esq., Manager.

BRANCHES AND AGENCIES

Bestilo

Samatang Shanghai

Blagapore Bourabaya

Amoy

Manila

Batavia

Melbourne

Bombay

Nagasakit

Calcutta

New York

Osaka

hors

Hankow

Pelping

SWALOW

Honolulu

Penang

Rang

agoon

Kowloon London

Balgon

Plantain Tokyo

Ban Francisco

Evory

Vancouver Yokohama

HEAD OFFICE, HONG KONG.

BOARD OF DIRECTORS 1-

T. E. Pearce, Esq., Chairman.

Hon. Mr. J. J. Paterson, Deputy Chairman.

J. K. Bousfeld, Esq., J. B. Masson, Esq., A. H. Compton, Esq., G. Miskin, Esq.A

Hon. Mr. S. H. Dodwell, K. 8. Horrison, Esq., M. T. Johnson, Esq.,

IIon. Mr. A. L. Shialdi,

D. C. Edmondston, Esq., Acting Chis! Manager.

AMOY BANGKOK BATAVIA BOMBAY

BRANCHES

YONB

LONDON MALACOA

MUAR (Johor)

MANILA

MUKDEN

n

COLOMBO CHEFOO

DAIREN FOOOKOW HAIPHONG HAMBURG HANKOW HARBIN HONGKEW ILOILO

IPOH JOHORE KOBE KOWLOON KUALA LUMPUR

NEW PEIPINORE PENANG BANGOON BAIGON SAN FRANCISCO SHANGHAI SINGAFORE SOURABAYA SUNGEI PATANI SWATOW TIENTSIN TOKYO TSINGTAO YOKOHAMA

0218 year,

Current Accounts opanedin Local Currency d Fixed Deposits received for shorter periods in Local and other currencies on terms which will be quoted on application.

ALBO up to date BAPE. DEPOSIT BOXES in various sites TO LET.

tlong Kong, 26th February, 1929.

HONG KONG SAVINGS BANK

The Business of the above Bank in conducted by the HONG KONG AND BHANGHAI, BANK- Koon ING CORPORATION. Etios may be obtains

on application.

Yun

Lan

Po,

FOR THE HONG KONG AND BHANGHAI BANKING CORFORATION,

D. C. EDMONDSTON,

Acting Chief, Manager.

Hong Kong, 1st March, 1987. -

THE WING ON BANK LTD.

Head Office: Hong Kong. 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-

description of, Banking and Exchange Accounts opened. Fixed Deposits re business transacted. Loans granted on approved ceived at rates which will be quoted

socurities.

30

Trusteeship & Executorship under

Ourrant Accounts opened in Local Currency on application. and Fixed Deposita received for one shorter periods in Local and Foreign Currencies taken.. Safe Deposit Boxes for hire. on terms which will be quoted on application.

Safe Deposit Boxes To Des.

KAN TUNG_PO,

Übial Manager.

PHILIP GOCKCHIN,

Chief Manager.

COINTREAU Liqueur

LA MARQUE MONDIALE

ASK

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