THE CHINA MAIL, JUNE 20, 1939.
CAPITAL RETURNING TO SHANGHAI
SHANGHAI, TO-DAY.
THE POSITION OF SHANGHAI WITH REGARD ΤΟ CHINESE TRADE AND FINANCE IS RE- VIEWED BY THE FINANCIAL EDITOR OF THE "SIN WAN PAO," WHO DECLARES THAT MUCH CHINESE CAPITAL HAS FLOWN INTO THE CITY,
Formerly Shanghai had always been the financial centre of China, of but shortly after the cutbreak hostilities much capital was trans- ferred into the interior.
Now, however, funds had accumu- lated once more in Shanghai to such an extent that the Chinese banks were unable to find profitable investments for the deposits.
All banks were therefore trying to find new markets, and a group of twelve banks, including the four biggest banks in the city, have Kunming, opened branch offices in
in an endeavour to develop business in the southwestern provinces.
In this connection the writer re- calls the Government regulations with regard to transfer of money, which were devised to relieve the congestion of Shanghai, but which were also responsible for it.
Thus it is forbidden to transfer
Great Ziegfeld" of the ice!
The ICE FOLLIES
OF 1939
JOAN CRAWFORD
with JAMES STEWART LEW AYRES · LEWIS STONE
At the
CHILDREN'S PUZZLE
2
3
YOU PRINT
IFTHE CORRECT
WORDS IN THE SQUARES READING ACROSS THE SAME WORDS WILL READ DOWNWARD IN THE SQUARES.
HE
TRY
TO MAKE A DUPLICATE PIC-
TURE OF THE FROG.
HAV
PAVE YOUR.
●LINES OUT THE SQUARES JUST AS - THEY DO IN THE ORIGINAL.
1 2 3 4 5 6 7 18 19
PERE ARE
THE DEFI-
2
3
4
NITIONS:
1, A SMALL GLOBE; 2, THERE- FOR; 3, OLD;
4, A CLUMSY EXTINCT BIRD..
Answer to yesterday's puzzle:
more than $100 at a time from the the interior to Shanghai, but on
to other hand it is also forbidden transfer more than $500 from Shanghai into the interior without a special permit.-Trans-Ocean.
The fourth annual Charity Bazaar of St. Mary's Church, Tai Hang, is to be held this Saturday. Lady Pol- lock will open the proceedings at 11
a.m.
Repulse Bay Hotel
Geo. Pio-Ulski's String
Quintette.
DURING SUNDAY TIFFINS
1 p.m. to 2.30 p.m.
A la Carte & Table d'Hote
THE HONG KONG & SHANGHAI HOTELS, LTD.
2
༄ག ག ག ག ག ག་
B
12 13
.
Answer to-morrow,
BOAT PUNS
S AN E FANG
TILT
PAVE
HOME
FA D'E
CHINESE BOY MISSING
A 15-year-old boy, Tsoi Po Nam, of No. 314 Portland Street, second floor, has been reported to the Po- lice as missing.
The boy was last seen at 9,80 June 16. He was then p.m. on dressed in a white singlet, blue and white striped shorts and wore clogs, He has an American-style haircut. Police suspect that he has been kidnapped.
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA
Incorporated by Boyal Charter, 18KS. .
Paid-up Capital Reserve Fund
Reserve Liability of Pro-
prietors
.£3,000,000. £9,000,000.
£3,000,000.
HEAD OFFICE: LONDON: 38, Bishopsgate, E. C. 2. Sub-Agencies in London: 117/122, Leadenhall Street, E. C. 8. West End Branch:
14/16, Cockspur Street, S. W. 1. Manchester Branch:
52, Mosley Street, Manchester, 2.
AGENCIES AND BRANCHES:
Harbin Hongkong
Alor Star
Amritsar
Bangkok
Batavia
Bombay
Olive Birsel
Fairlie Pisce
Ualcutta Aganoles: Klang
Penang
Rangoon
Iloilo Ipak Karschi
Balgon
Beremban
Shanghai
Singapor
Kobe
Billawan
Euala Lumpur Kuching Madras
Bourabaya
Modan
Tongkak
ukei),
New York
Haiphong
Pelping
Hamburg
(Faking).
Hankow
Can bon
Cawnpore
Cebu Colombo Delki
Manila
FOREIGN EXCHANGE and "General" Banking Business transačfed..
Shorter
OURAENT ACCOUNTS~~ opened and VIIHD DEPOSITS esolved" for One Year of perioda In Local or Other Oueraandes să ratas whích "will" be quoted on application.
* BAVINGS: "ACOQUwrslo opened in Currency and Sterling-with- Inberesh allowed : no -raive" obtainable on application.
The Rank's Head Omos in London undertakes Executors and Travies, business, covery Sad, Helkiah; Income Tax
| which' may 'be "sabartalhad`^at^any (cề thè
and · Branches.
Manager.
HONG KONG AND SHANGHAI
BANKING CORPORATION.
Authorised Capital
Issued and Fully Paid-up..$20,000,000 Reserve Funda:-
$50,000,000
Sterling
.£6,500,00€
Hong Kong Currency Re- ·
$10,000,000
serve
Reserve Liability of Pro-
prietors
.$20,000,000
HEAD OFFICE: HONG KONG,
BOARD OF DIRECTORS: A. L. Shields, Esq. Chairman.
W. H. Lock, Esq..
Deputy Chairman.
Hon. Mr. J. K. Bousfield, 0. Miskin, Esq.
A. H. Compton, Esq.,
8. Morrison, Esq..
Hon. Mr. S. II. Dodwell, Hon. Mr. T. E. Paaron
D. F. Landalo, Esq.,
H. V. Wilkinson, Esq.
Sir Vandeleur M. Grayburn,
Chief Manager.
AMOY
BANGKOR BATAVIA BOMBAY
CALCUTTA
CANTON CHEFOO COLOMBO DAIREN FOOCHOW HAIPHONG
HAMBURG
HANKOW
HARBIN
HONGEEW ILOILO
IPOH JOHORE
KOBE
KOWLOON
KUALA LUMPUR
Gurront Accounts
BRANCHES :---
LONDON LYONS MALACCA MANILA MUAR (Johor)
MUKDEN
NEW YORK PEIPING PENANG RANGOON
BAIGON
BAN FRANCISCO
SHANGHAI SINGAPORE
SOURABAYA SUNGEI PATANI SWATOW
TIENTSIN.
TOKYO
TSINGTAO YOKOHAMA
opened in Local Currency and Fixed Deposits roosived for ona year or shorter perioda in Local and other ourrencies on terms which will be quoted on application.
ALSO up to date SAFE DEPOŠĪT BOXES in various sizes TO LET.
Hong Kong, 20th February, 1080.
HONG KONG SAVINGS BANK.
The Business of the above Bank is conductas by the HONG KONG AND BHANGHAI BANK- ING CORPORATION. Rules may be obtained
on application.
FOR THE HONG KONG AND SHANGHAI BANKING CORPORATION,
V. M. GRAYBURN, Chief Manager.
Hong Kong, lat March, 1997.
THE BANK OF EAST ASIA, LTD.
Authorised Capital ....... Paid-up Capital Reserve and Undivided
Profits
$10,000,000.00 5,598,000,00
2,883,932,01
HEAD OFFICE: HONG KONG,
10, Des Voeux Road, Central,
BOARD OF DIRECTORS:-
Hon. Sir Shou-son Chow, Chairman; Li Koom Chun, Kag., P. Kwok Hog Wang Yus Tong. Esq., Chan Ching Shak, Esq., La La Bang. Esq. Wong Chu Son, Esq., Kan Ying. P Esq, and Yung Ping Wel, Esq.
Kan Tong Po,, Esq., Chief Manager. Li Tse Fong, Esq., Manager.
Branches And Agencies:-
Amoy
Batavia Bombay Calontsa -Haiphong Hantow Honolulu
مناجول
m
Kobe Kowloon London
Melbourne Nagasaki New York Parli Felping :Penang
Bangoon Salgon Ab
Every damoription
San Franglaço
Beattle Samarang Shanghaf Singapore Bourabaya Bwatow Sydney Tiontain Vancouver
[Banking, and Exo
business transacted. · Loans' granted, on approving securities.
...
Current Account upened in Loonl and Fixed Deposits received for 008 shorter periods In Local, and Foreign Curren on terms whioli will be quoted on application.
Bale Deposit Boxsa "To Est.
KAN TONG÷PO,
Chief Manager.
THE WING ON BANK, LTD,
Head Office: Hong Kong. 26, Des Voeux Road, Central. Authorised Capital $10,000,000
LONDON BANKERS
Weliminator Bank"Istd. Foreign change and every descrip tion of banking business, transacted.
Current Accounts and Savings A counts opened. Fixed Deposits reonly ed at rates which will be quoted application.
Trusteeship and Executorship taken. Safe Deposit Boxes for hi
"PHILIP GOCKCHIN,
Manag