HONGKONG & SHANGHAI
BANKING CORPORATION.
Authorised Capital
Issued and Fully Paid-up...$20,000,000 Reserve Funds:---
Sterling
Hong Kong Currency Re-
BCTVC
Reserve Liability of Pro
prietors
-$50,000,000
.£ 0.500,000
-$10,000,000
.$20,000,000
HEAD OFFICE; HONG KONG,
The important part In welcoming the an- played by Yunnan in the nouncement ..
--that the
war of resistance was em- Prime Minister of Austra- phasised in Chinese cir- On behalf of Squadron-Leader lia will shortly visit Lon-cles in Chungking yester- Burton it was stated that he was don "The Times" remarks day. working fourteen hours a day that under Mr. Menzies' Since the outbreak of hus- portant matters that he did not leadership Australia has tilities make the re'urn. The Treasury made and is making a various fronts and It is stated that had not lost a farthing
contribution to the com-the total investments by the Cen- the transactions.
tral Government in heavy Indus- mon effort which is tries in the province during the worthy of her traditions same perlod exceed 300 milion and of the spirit of her Another 300 milion dollars has Bangkok people.
through
Replying to his critics. the old a reporter. "In SL Helen's Church soldiers sing 'Roll much as a song, but is itchy
I do not like it worse than some of our hynins?" Out the Barrel.'
!
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"Tasteless in Tea"
KRUSCHEN
SALTS
ATRICT
SOTIBLE FOR PRICK
מורת
Yunnan has sent more than 100.000 men to the
dollars,
BOARD OF DIRECTORSI Hon. Mr. J. J. Paterson, Chairman.
C. C. Roberts, Esq., Deputy Chairman.
J. K. Bonefield, Esq., 0. Miskin, Esq.,, A. H. Compton, Esq., K. S. Morrison, Esq. L. J. Darles, Erq.. Hon. Mr. T. B. Pearos, Hon. Mr. B. E. Dodwell, Hoa, Mr. A. L. Uhlsides Bir Vandeleur M. Grayburn
Chief Manager.
BRANCHESI
Kuala Lumpur
Rangoon Saigon
Boa Francinom
Shanghal Slogapore Soursbays
Amoy
Ipoh Jobora
been spent on the building railways and highways in Yun-
The total note issue of the Fu-
of
Balerie Bombay Caloutra
Kobe Kowloon
Cation
London
Credno Colombo
Lyone
Malacca
Manil
Tientsin
Muar (Johore! Tokyo
New York
"In this war Australian fighting i nam.
and Australian supplies ef food and raw material are play-tien Bank, which is the provincial Die ing a part as invaluable as in the bank of Yunnan, amounted to 50 Foochow
Mukden Ftalphong million dollars up to the end of Hankow last war, and in addition Austra- fiat industry, enormously veloped in the past twenty-five years, is now taking a full share of the strain.
de-
1940.
} The bank has invested 60 mil-
lion dollars in the development of the natural resources of the pro- vince. The annual output of tin In all this effort the Common- from the world-famous mines at wealth Government have acted! Ko Chiu, south of Kunming, es- throughout in close accord with 'timated at 8,000 tons in pre-war the Government of the United days, has been increased to more Kingdom and, as for instance in than 10,000 tons.-Reuter. the Empire Air Training Scheme and at the Delhi Conference on supply, with other Governments lot the Empire,
Personal contact is always of importance in cooperative action. Mr. Menzies cannot have found it easy to arrange for long ab- sence in view of political difficul- ties caused by the recent General
Election.
Smuts Too?
the
SUGAR COUNCIL
The International Sugar Coun- met in London January 6 when delegates representing 74 of
a
tal of one hundred votes were present.
Harbin tollo
Pelping PODADE
Sungri Patand Swatow
Thington Tokohama
in
CURRENT ACCOUNTS opored Local Currency and FIXED DEPO- srrs received for One Year or shorter periods in Local and Other Currencies which will be quoted on application.
SAFE DEPOSIT BOXES of various rizes To Let.
TRUSTEE and EXECUTOR business undertaken.
Hong Kong 13th December, 1940.
HONG KONG SAVINGS BANK.
The Bustness of the above Bank is conducted by the HONG KONG AND SHANGHAI BANKING CORPORATION, Rules may be obtained on application. FOR THE HONG KONG AND SHANGHAI BANKING CORPORATION.
V. M. GRAYBURN,
Chief Manager. Hong Kong, 1st March, 1937.
THE BANK OF EAST ASIA, LTD.
Profits
Undividerl
$10,000,000,00 5,599,600,00
2,983,201.50
HEAD OFFICE;-HONG KONG 10, Des Voeux Road, Central.
The Council re-elected Gen. Sir Hugh Elles, chier British dele- gate, as Chairman, and Dr. General Smuts can hardly be
D. H. C. Hart, head of the Nether-. from spared at present
Souln
lands delegation, as Vice-Chair- Africa where, in addition to handl-
man for the current quota year. in ing a delicate situation
Delegates present were unani- Union itself, he is directing South mously in favour of carrying on Authorised Capital African forces operating against the International Sugar Agree-Paid-up Capital the Italians on the Kenya border.ment. They formally adopted Reserve and
Nevertheless his recent meeting various decisions reached at the with Mr. Eden on his visit to the informal meeting on August 23. troops was clearly of the greatest |1940, including the decision that | value and we need not despair of without creating a precedent ex- seeing him and other Dominion port quotas for free market adopt- Prime Ministers in London as sooned for the third quota year ended as opportunity offers and circum- August 31, 1940, would be main-Li Keen Chun, Esq., P. K. Kwok, Esq., stances permit.-British Wireless.tained in the fourth year ending wong Yun Tong. Esq., Chan Ching August 31, 1941, instead of revert-shek, Esq., Li Lan Sang, Laq.. Wong ing to the larger basic quotas, this on 8, Esq. and Fung Ping Wah. decision being subject to review Esq. should there be a radical change
Kruschen Salts LOCAL SHARES
It's the little daily dose that does it!'
From all Chemists and Stores Gole Agents: GILMAN & CO., LTD.
2APB3
ACT NOW
In response to numerous requests The South China Morning Post, Limited, invites sub- scription to
ASSIST A FUND TO BRITAIN'S WAR EFFORT
The whole of the money subscribed will be handed to The Government of Hong Kong for transmission to
THE BRITISH
For the
other
GOVERNMENT
as the British Government may decide.
e of
Aeroplanes or such
BANKS
Bank
Hong Kong
$1385/90 sa,
$1390
Bank of East Asia $7511⁄2 b.
INSURANCE8
in the world situation during the course of the quota year.
The decision is subject to confirm- ation by one delegation which is b.. awaiting a cable from its Govern-
ment.
BOARD OF DIRECTORS:- Hon. Sir Shou-6on Chow, Chairman:
Kan Tong Po, Esq., Chief Manager.
Li Tse Fong, Esq., Manager.
BRANCHES AND AGENCIES:-
Amoy
Batavia Bombay The Council also set up a sub- Calcutta committee under the chairmanship-ptio
Hankow of Dr. G. H. C. Hart consisting of Honolulu representatives of the Australian, Kobe H.K. Fire Ins. $165 b., $1672 Cuban, Dominician. Netherlands, Kowloon
London U.S. and U.K. delegations, to
Canton Ins, $2071⁄21⁄2 b.
Union Ins. $405 b.
sa.
ETC.
}
Bianlia Melbourne
Nagasaki
New York
Peiping Pening Bangos Bagon
Ban Francisco
Scallio
Semarang
Shanghai
Stoga pore Bourabaya
Bwatow Byday Tientalm
Votr
DOCKS, WHARVES, GODOWNS, | study the present and post-war Every description of Banking and general statistical position of su-Exchange business transacted. Louns gar and to report to the council granted on approved securities.
H.K. and K. Wharves $95 b., $96
sa
HK. Docks (Old) $1812 b. Providents $5,65 b.
LANDS, HOTEL & BLDGS. H.K. and S. Hotels $3.55 sa. H.K. Lands 4% Debentures 100
S.
PUBLIC UTILITIES
H.K. Tramways $184 b.. $1831⁄2
5. $18.35 sa
Star Ferries $614b.
China Lights
(Rights) .95 b.,
$1.00 s.. .95 sa, H.K. Electrics (Old) $40 b. H.K. Electrics (New) $393⁄4%/-
40.-- sa.
Telephones (Old) $251⁄4 b.
INDUSTRIALS
Cements $181⁄4 b., $18.60 s.
STORES, &C. Dairy Farms $19,20 b. Watsons $11 b.
MISCELLANEOUS Entertainments $7 b. Constructions (Old) $1.80 b Vibro Piling $7.70 s.
LAST DAY'S SALES
5 H.K. Banks @ $1300 ....
20 H.K. Banks @ $1385 1:000 Hotels @ $3.55°
40 HK, Fire Ins.. @ $1071⁄2.
200 Trams @- $18:35 169 Lights Rts. .95 cts. 152′ Electries (New) '@@393⁄4%
· 250 Electrics (New) @ $40
LORD WAKEFIELD DEAD
at its next meeting.-British Current Accounts opened in Local Wireless.
Currency and Fixed Deposits receivad for one year or shorter perioda in Local Currencies on terms and Foreign which will be quoted on application. .
Safe Deposit Boxes To Let, se
THE CHARTERED BANK OF INDIA, AUSTRALIA AND CHINA.
Incorporated by Royal Charter, 1853.
Paid-up Capital Heserve Fund Reserve Liability of Pro-
prietors
£3,000,000. £3,000,000.
£3.000.000
HEAD OFFICE: LONDON: 38, Bishopogato, E.C.2. Sub-Agencies in London: 117/122, Leadenhall Street, E.C.2 West End Branch:
14/16. Cockspur Street, S.W.L.
Manchester Bvanohti.
62, Mosley Strect, Blanchester, 2.
AGENCIES AND BRANCHES:.
Onakow
Alor Star
Berdinta
Perung
Amritsar
flong nong
Rangeon
Bangkok
Hollo
Sagor
Batavia
Spok
Bombay
Karachi
Staoghal
Agencies?"
"
Klang Reba
Bingapure
Calcutta
Madras
Clive Street | Kuala Lumpur Sourabaya Fairlie Pinon Kuching, Canton Cawnpore Ceba Colombo
Delhi
Halpbong Hamburg
مانويلا
Taiptug
Tiantain Tongkab
Böden
Tihuket)
Now York
Tsingta
Felping
(Beking)
FOREIGN EXCHANGE, and Genital Banking Business transacted;
Donations will be received by The South China Morning Post Cheques should be made payable to "War Fund--South Chinc magnate and prominent, figure in Local Currency and Sterling with in
Morning Post, Limited.'
All donations will be acknowledged in the columns of The S. C. M. Post
Lord Wakefield of Hythe, oil
CURRENT ACCOUNTS: öpened" and "FIXED" "DEPOSITS - received: 16%. Ope, Year or shorter. perioda in Lecal or Other Currencies at ruten, which - will. be quoted en application.
SAVINGS ACCOUNTS: alijo ypened tu
terest allowed at rates" obtainable" on application.
the City of London, whose gen- erous public benefactions are well The Bank's Head Offies in London known, died yesterday aged 81. undertakes Executor and Trustor." byul. Lord Wakefield gave assistance ness, and claims recovery of British to many British ploneers in the Income Tax overpaid, on terms which felds of, aeronautics, motoring and may be ascertained at: way and....... speed Wireless
British
Agencies' and Branches:
184.
KAN TONG PO,
Chief Manager.
THE WING ON BANK, LIMITED.
Head Office: Hong Kong. 26, Des Voeux Road, Central. Authorised Capital ... $10,000,000 LONDON BANKERS:- Westminster Bank, Ltd. Foreign Exchange and every description of banking business transacted.
Current Accounts and Savings Accounts opened. Fixed Deposits received at rates which will be quoted on applicatio..."
Safe Deposit Boxes for hire,
PHILIP 'GOCKCHIN,
Chief, Manager.
HELP YOUR FRIENDS
AND HIS HOBBY
BY GIVING
Postage Stamps
For
his Collection
Beads
For
hie: Garden
GRACA & CO.
Dealers in Postage Stamps & Garden Seeds
No. 10. Wyndhaní Sí)
Hong Kon Established
1896