THE CHINA MAIL, OCTOBER 18, 1988.
CHILDREN'S PUZZLE
LET RAM ON
PIL OVER
GAS LOW
BHIS SHIP IS HEADING FOR THREE
CERTAIN PORTS. SEE IF YOU CAN SPELL THEIR NAMES BY REARRANGING ALL OF THE LETTERS ·
IN EACH GROUP.
WHAT ARE THE THREE CITIES?
“A.W.NUGENT
Answer to yesterday's puzzle:
DR. FUNK'S TRADE DRIFT DOWN DANUBE
Berlin, To-day.
Setting up of an economic axis stretching from the North sea to the Black Sea was envisaged by Walther Funk, the German Minister of Economics; in an interview shortly after his return to Berlin.
JOZLAZE HRHT
Answer to-morrow.
R
TAN
CANTON PAPERS AFFECTED
(From Our Own Correspondent)
Canton, To-day.
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA
Incorporated by Royal Charter, 1836. HEAD OFFICE: LONDON 38, Bishopsgate, Ē. C. 2. Paid-up Capital
Reserve Fund
Reserve Liability of Proprie-
tors
+
Manchester Branch,
£3,000,000 .£3,000,000
.£8,000,000
71, Mosley Street, Manchester.
Alor Star
Agencies and Branches:
Hollo
Ipoh
Rangoon
Amritsar
Bangkok
Karmoni
Batavia
Klang
'Baigon Seremban Shanghai
Bombay
Hobe
Singapore
Calcutta
Kuala Lumpu
Blunwan
Canton
Kuching
Madras
Colombo Dolki Haiphong
Medan
Tongkah
New York
Feiping
(Bhuket)
Tsingtao
Hamburg
(Peking)
Yokohama
Hankow
Harbin
Hong Koog
Manila
Penang.
Foreign Exchange and General Banking business transacted.
Current Accounts opened and Fixed Deposits received for one year or shorter periode at rates which will be quoted on application.
The Bank's lead Ofos in London undertakes Executor and Trusted buziness, and claims ΓΟΥΡΟΥΝΕΣ of Britlah Income Tax overpaid, 0.0 torms which may be ascertained at any of its Agoncio and Branches.
R. A. CAMIDGE,
Manager.
|Hong Kong, 1st January, 1985.
THE BANK OF EAST ASIA, LTD.
Authorised Capital Paid-up Capital Reserve and Undivided
Profits
инчи
..$10,000,000.00 .$ 5,598,600.00
$2,776,726.76
HEAD OFFICE:-HONG KONG, * 10, Des Voeux Road, Central.
BOARD OF DIRECTORS Hon. Sir Shou-son Chow, Chairman; Ed
Tong,
Koon
The Chung Shan Yat Pao, offi- cial organ of the Kwangtung Gov- ernment, has reduced its pages to a single sheet. The publication's evening issue has also been reduc-hun, ag K. Kwok Lag. Woog Yun ed to half a page. lished at Mei Hsien, Wuchow and Yung Yuen.
In future the paper will be pub-
The Kwok Wah Yat Pao has ceased publication, but the Yuet Wah Yat Pao and the Wan Kow Yat Pao will continue as long as circumstances permit. Our Own Correspondent.
LOCAL DOLLAR
Esq. Chan Ching Bhak, Esq., Li Lan Bang Bag Wang Cầu Họa. Bag,, Khi Viện Đại Esq. and Fung, Ping Wah, Esq.
t
Kan Tung Po, Esq. Chist Manager. Li- Tea Fong, Esq., Manager,
BRANCHES AND AGENCIES :-
Manila Melbourne
Amoy Batavia Bombay Calcutta Canton Haiphong
Seattle
Samarang
Nagasaki
Shanghaf
New York.
Singapore
Osaka
Sourabaya
Paria
dwatow
Hankow Honolulu Κουτ Kowloon London
Palping
Poneng
Bangoon
Sydney Taikoku Tiautsia
Saigon
San Francisos
Tokyo Vancouver Yokohama
He repeated his assurance given prior to leaving Sofia that his visit to the Balkan countries, Yugo- Slavia, Turkey and Bulgaria, has been very successful. He referred to the credit of 150 million marks given to Turkey for the purchase The demand rate on the Hong of industrial and military equip-Kong dollar to-day was 1/2-13/16. ment in Germany.
"Spot" silver was quoted in business transacted. London at 19-9/16 and forward at 19-5/16.
It was a question, he said, of the erection of a big industrial plant and the construction of a naval base.
:
Germany would now be able to contribute a big part to national reconstruction work in Turkey by supplying railway material and material for the construction of bridges apart from all orders which will go to the German electrical engineers firms and chemical con-
cerns.
The London on New York ratę quoted at £-U.S.$474.73 and the New York/London rate at
£-U.S.$474-11/16.
+
insisted, in bringing stability to South-Eastern Europe.
DANUBE WATERWAY 'The importance of the Danube BALKAN "AXIS”
waterway is, he declared,' that it Yugo-Slavia, Bulgaria and Tur-creates an economic region stretch- key which are closely united by❘ing from the North Sea to the Black political ties, form a sort of a Sea. South-eastern Europe and Balkan axis stretching from the the Near East possess practically German frontier to the Black Sea, everything needed by Germany. declared Dr. Funk. This fact made Germany in fact already buys in possible the discussion of large these countries more than
twice "scale economic plans of reconstruc- the amount purchased by Britain, ⚫tion embracing all three countries, France and the U.S.A. together.
including for instance-a-big-road Moreover-the-exports of goods project and the improvement of from the Sudetenland to these telephone communications through parts would now become a part of out these three countries...
Germany's exports,
All three countries, added Dr. ^'"I have gained the impression,” Funk, possess a wealth of mineral said Dr. Funk, that the streams résources. They will be able to of, energy radiated by Germany extend and improve their cultiva have become stronger
the tion of cotton and oilseed for result of these successful nogotin- "which there is a big demand in Gor- tions, I have therefore invited
many:
the Ministers of Economic of Yugo-
45
- Dr. Funk then went on to speak Slavia, Bulgaria and Turkey to of further extension of credits to come to Berlin. These invitations these countries on the basis of have been gladly accoped."--Trans- barter. It would be a factor, he Ocean.
HONG KONG AND SHANGHAI BANKING CORPORATION
Authorised Capital ········$50,000,000 Issued and Fully Paid-up... 20,000,000 Reserve Funds:-
Sterling ..
Hong Kong Currency Re-
sørve
Reserve Liability of Pro
prietors
€ 6,500,000
..$10,000,00
$20,000,00
HEAD OFFICE: HONG KONG..
BOARD OF DIRECTORS, T. E. Pearce, Esq.,
Chairman.
Hon. Mr. J. J. Paterson, Deputy Chairman.
J. H. Bousfeld, Esq., G. Miskin, Esq. A. H. Compton, Esq., K. 8. Morrison, Esq. Hon. Mr. S. H. Dodwell, Hon. Mr. A. L. Shiala W. II. Lock, Esq., H. V. Wilkinson, Beg.
Sir Vandeleur M. Grayburn,
Chisi, Managerő
AMOY
BANGKOK BATAVIA BOMBAY CALCUTTA
CANTON CHEFOO COLOMBO DAIBEN FOUCHOW HAIPHONG HAMBURG HANKOW HARBIN HONGKEW ILOILO IROH
HORE
BRANCHES 1--
KOWLOON KUALA LUMPUR
LONDON LYONS MALACCA MANILA
'MUAR (Johore' MUKDEN
NEW: YORK PEIPING GNANU
SAN FRANCIBOO SHANGHAI SINGAPORE BOURABAYA SUNGEI PATANI SWATOW TIENTSIN TOKYO TSINGTAO YOKOHAMA
Current Accounta opened in Local Currency and Fixed Deposita received for una Jour aborter periods in Local and other currencies on terms which will be quoted on application.
ALSO up to date BAFE DEPOSIT BOXES in various sizes TO LET.
long Kong, 25th February, 1988.
HONG KONG SAVINGS BANK
The Business of the above Bank to conducted by the HONG KONG AND SHANGHAI BANK- ING CORPORATION. Bulon may be obtained |on application.
FOR THE HONG KONG AND SHANGHA. BANKING CORFORATION.
SIR VANDELEUR M. GRAYBURN, Chief Manager.
Hong Kong, Jat 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 Accounte and of Banking and Exchange
Savings Loans granted on approved Accounts opened. Fixed Deposits re- mucurities.
ceived at rates which will be quote? Currant Accounts opened in Local Currency and Fixed Deposits received for ons
on application. Juar от shorter periods "In Local and Foreign: Currencies on torms which will be quoted on application.
Safe Deposit Boxes To Let.
Every description
KAN TUNG PO,
Ckist Manager,
Trusteeship & Executorship under taken. Safe Deposit Boxes for hire.
PHILIP GOCKCHIN,
Chief Manager.
G. FALCONER & CO. (HONG KONG LTD.) WATCHMAKERS & JEWELLERS,
DIAMOND MERCHANTS, UNION BUILDING (opposite G.P.O.)
Agents for:-ADMIRALTY CHARTS, ROSS' BINOCULARS and TELESCOPES, KELVIN'S NAUTICAL INSTRUMENTS, ENGLİSH SILVERWARE Direct from Manufacturers,
High Class English Jewellery
LOCAL SHARES
Following is the list of changes and enquiries in local share quotations this morning:
BANKS
་།
Hong Kong Bank $1870 b., $1400 s.,
$1375/85 83.
Hong Kong Bank (Lon. Reg.) £83 b.
INSURANCES Union Ins. $510 ́s.
SHIPPING
Douglases $60 a.
H. K. Steamboats $20% 8. Union Waterboats $9:b.
DOCKS, WHARVES, GODOWNS, ETC.
H. K and K. Wbarves $121 b.,
MINING
Antamoks P85.85 gal Atoks Pa. .32. mn.
192
Benguet Consol. Ps. 11.50 sa, Coco Grove Pa, 42 sa. Demonstrations Ps. 27% sa. IX. L. Pa..68_en. San Mauricio Pa. .78 sa. United Paracales Ps. .37 ga.
4.
LANDS, HOTELS & BLDGS. H, K, and S. Hotels $6.40 b. H. K. Landa 830 b., $86
Ba.
Humphreys. 852% 8.
PÚBLIC UTILITIES
8., $80.10
H. K. Tramways $18% b., $10% sa. Peak Trams (Old) $8%, b.
Chifia Lights (Old) $10,10 b.
H. K. Electrics $87% b., 8574/68 an. Sandakan: Lights #10 b.
INDUSTRIALS.
Coments-10VA YOS
STORES, &C.
Dairy Farma Watsons $8