THE CHINA MAIL, JUNE 30, 1989
Default On Chinese Loans
LONDON, TO-DAY. ANNOUNCEMENT OF THE DE- FAULT ON THE CHINESE RE- ORGANISATION LOAN AND THE 8 PER CENT. 1934 LOAN, HAS NOT COME ALTOGETHER AS A SURPRISE, SAYS THE “FINAN- CIAL TIMES.”
It is recognised that the revenue on which the service of, these is- sues is secured, has fallen into Ja- panese hands.
of
Anticipation of suspension payments,was reflected in the drop. in the quotation of the 1913 Loan by over 16 points in the past month.
..
SHEER INABILITY.
The Chinese Government, whose treatment of its creditors has been: exemplary in the past, has been forced to default by sheer inability to pay.
It is difficult to forsee any ar- for rangements likely to provide continued payments, in view of the greater part of the Customs and salt revenues to the Japanese and the recent exchange crisis Reuter.
1
SILVER PRICE FIXED
Washington, To-day,
CHILDREN'S PUZZLE
PSREAD
8
RY TO SPELL EIGHT SIX- LETTER WORDS BY USING ALL OF THE ABOVE LETTERS TO SPELL EACH WORD.
Answer to-morrow.
NEW MOVE IN MONETARY BILL
New York, To-day.
The Administration is reported to have informed leaders of Con- gress that it is prepared to allow the provisions of the Monetary Bill to lapse rather than seek an imme-. diate extension.
The report adds that the Adminis tration would then endeavour to have the provisions relating to
Answer to yesterday's puzzle: One "I" in William isn't dotted; Tues- day should start with a capital “T”; a portion of the base board, a boy's fin- ger and a boy's sleeve are missing..“
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA
↓
£8,000,000.
Incorporated by Royal Charter, 1859,
Paid-up Capital
£8,000,000. Reserve Fund
....£3,000,000. Reserve Liability of Pro-
prietors
HEAD OFFICE: LONDON:
38, Bishopsgate, E. C. 2.5- Sub-Agencies in London: i17/122, Leadenhall Street, E. C. 3. West End Branch: 14/16, Cockapur Street, S. W. 1. Manchester Branche
52, Mosley Street, Manchester, 2..
AGENCIES AND BRANCHES:
A joint conference of the Senate the Stabilisation Fund re-enacted, Aloe Bar
Amritsar
Harbin Hongkong
Proszig
Rangoon Baigon. Saramban
Karachi
Uniontia Agencies: Elang
QINDA Pisos
Street Hobe
and the House of Representatives but would forego the power which Bangkok
Batayla yesterday voted to restore the the President now enjoys to devalue Bombay. Presidential powers to devalue the the dollar. Reuter. dollar and the Administration's authority to buy foreign silver, Reuter.
The conference fixed the price at 70 cents an ounce for newly- mined and domestic silver,
The agreement must be ratifled by both Houses before being sent to the White House-Reuter.
IF YOU FIND THE HEAT TRYING
TRY PINKETTES.
You will find the heat far less worri- some and tiring if your digestive and eliminative organs are in sound work- ing order. It is a disordered liver and congestion in the food tract which causes that heavy, depressed feeling which afflicts so many people at this season of the year.
A little dose of Pinkettes now and then will ensure regularity of the daily habit and keep you happy, lively and healthy. Pinkettes are tiny, pink, all-vegetable laxative sugar-coated; pills, gentle. yet thorough in their action and an ideal laxative for all members of the family.
For constipation, liverishness, bilious- ness, sick headache, bad breath, acne and pimples, and to relieve piles, there is nothing more pleasantly effective than Pinkettes. Sold by all chemists.
SIGNIFICANT
Helsingfors, To-day.
The Chief of the German General at Staff, General Halder, arrived Helsingfors aerodrome yesterday morning from Reval accompanied by several officers. of his staff. Trans-Ocean.
FOR SALE Silver Jubilee Stamps of British Colonies
and Dominions Mounted on Special Album. Complete set mint for $300. Complete set used for $400.
GRACA & CO. Dealers in Postage Stamps, Garden Seeds, Etc., Etc. No. 10, Wyndham Street Established 1896,
Hong Kong.
Canton
Cawnporn Cebu Colombo Daiki
Kuala Lumpur Kuching Madras
مللجملة
Shanghai Sings pors
Hours bays
Taiping
Tientsin
Tongkah
Medan
(Bkukus)
New York
Tringwo
Haiphong
Priping
Yokohama
Hamburg
(Paklog)
Hankow
HONG KONG AND TANG HÀI
BANKING CORPORATION...
Authorised Capital
FOREIGN EXCHANGE" and General Banking Business transacted.
CURRENT ACCOUNTS opened and
23:
1,000,000
Issued and Fully Paid-up $$20,000:003 Reserve Funds;.
FIXED shorter perioda In Looal or Other Currencies at rátes
DEPOSITS received for One Year which will be quoted on application.
Sterling
Hong Kong Currency Re
- Kervo
Reserve Liability of Pro-
SAVINGS ACCOUNTS. To opened in Loos! Currency and Sterling with interest allowed, at cktwa "öbtainable on application.
The Bank's Hand Office in London andertakes Executor and Trustee business, and claime. re Dovery of British Income Tax overpaid, on terms which may be ascertained at any of the Agencies and. Branches.
R. A. CAMIDGE,
Manager.
THE WING ON BANK, LTD.
Head Office: Hong Kong, 26, Des Voeux Road, Central: Authorised Capital $10,000,000 ·
prietors
16,500,000
$10,000,000
0,000,000
HEAD OFFICE:"HONG" KONG,
BOARD OF DIRECTORS:
A, L. Shields, Esq. Chairman.
WH. Lock, Esq.
Deputy Chairman.
Hon. Mr. J. K. Bousfold, G. Miskin, Esq. A. H. Compton, Esg, K. 6. Morrison, Esq., Hon. Mr. B. H. Dodwell, Hon. Mr. T. B. Petros D. F. Landale, Esq., H. V. Wilkinson, Haq,
Sir Vandeleur M. Grayburn,
Oble! Manager.
ΑΜΟΥ
BANGKOK
BATAVIA
BOMBAY
CALCUTTA
CANTON
ОНЕРОО
COLOMBO
DAIHEN
FOOCHOW HAIPHONG. HAMBURG HANKOW
HARDIN HONGKOW ILOILO
IPOK
KOBE
JOHORE
KOWLOON
BRANCHES 1–
LONDON
KUALA LUMPUR
LYONS
MALACCA
PENANG RANGOON SAIGON
BAN FRANCISCO
SHANGHAI SINGAPORE SOURABAYA SUNORI PATANI SWATOW TIENTSIN.
TOKYO TSINGTAO YOKOHAMA
Current Accounts opened in Local Currency and Fixed Deposits received for one year phorter periods in Loos and other autren on terms which will be quoted on application.
ALSO up to date SAFE DEPOSIT BOXES. in various los TO LET.
Hong Kong, 25th February, 1989.
HONG KONG SAVINGS BANK.
The Business of the above Bank in conducted by the HONG KONG AND SHANGHAI BANK- ING CORPORATION. Rules, pay on application.
FOR. THE HONG KONG AND BHANGHAI BANKING OORFORATION,"
V. M. GRAYBURN
Chief Manager.
Hong Kong, lat: March, 1987
THE BANK OF EAST ASIA, LTD.
Authorised Capital
10,000,000.00
Paid-up Capital
5,698,800,00
Reserve and Undivided
Profits
2,888,982,03
HEAD „OPPIDR -HONG KONG, -10; Des Vœux Boud, Canizal,
BOARD OF DIRECTORS!— Hon, Bir Bhow-son Chow, Chairman)LI. Chun, Esq., .. P. I. Kwok. Tong,
Esq.
Chan Ching - Shər. Bang, Esq. Wong Cha Bon,- Enq,,- Han Ying Fa, Eng, and Fung" Ping "Wak, Esq.
Kan Tong Po, Esq., Chief, Man Li Tse Fong, Esq., Manager,
Branches And Agenele
Amo
Batavia
Bombay
Osloutie
· Haiphong
Hankow Honolulu
•Robe
· Maniza
“Melbourne
Nagasaki
New York
•Paria
Felping
Penang Rangoon
Kowloon
Balgon
London
San Fran
Every! descripties
f
сред
LONDON BANKERS:— Westminster Bank, Ltd.. Foreign Exchange and every descrip tion of banking business transacted.
Current Accounts and Savings Acinsas: transscled, counts opened. Fixed Deposits, receiv ed at rates which will be quoted application..
Trusteeship and Executorship under taken. Safe Deposit Botes for hire.
PHILIP GOCKCHIN,
Chief Manager,
avouritiusa
* CuérankÁ‚ooounse
and Fixed Deposits rece aborter periods in Lobal on terms whinh will be quo
Bafe Deposit Bazos. To
KAN TONG
Chi
TATMINTATATATA
TATATATATATATA
TATAT
The Quality
SUNRIPE CIGARETTI