HONGKONG & SHANGHAI

BANKING CORPORATION,

Authorised Capital

Issued and Fully Paid-up Reserve Funds:--

Sterling

Hong Kong Currency Re

acrve

teserve Liability of Pro-

prietors

150,000,000 $20,000,000

£ 0,500,000

$10.000,009

$20,000,DG

HEAD OFFICE: HONG KONG.

BOARD OF DIRECTORS: Hon. Mr. J. J. Paterson, Chairman,

W. H, Lock, Esq., Deputy Chairman.

J. R. Beusfield, Esq., G. Miskin, Esq., A. 11. Compton, Esq., K. S. Morrison, Esq. 1. J. Darten. Eng. Hon. Mr. T. E. Pourra, Hon. Mr. S. 11. Dods,Bon. Mr. A. L. Skleida, Sir Vandeleur M. Grayburn

Chief Manager.

BRANCHES :-

Anay

Ipab

Bangkok Batavia

Johore

Kabe

Bombe)

Kowloon

Calouste

London

Lyons

Colointe

Maloom

Canton

Chefoo

Daireo

Poochow Haiphong Hankew

Harbin

Weblo

Rangoon Baigua

Fan Prapoime

Shanghai

Kuala Lumpur Singapor

Sourabaya

Manila

Muar (Johor)

Alukden

Now York

Pelplog

Penang

Sungai Patal

Hwalow Tientela

Tek yo

Tuiigtae Yokohama

CURRENT ACCOUNTS opened IT Local Currency and FIXED DEPO- SITS received for One Year or shorter periods in Local and Other Currencies

will be quoted terms which application.

On

on

SAFE DEPOSIT BOXES of various sizes To Let.

TRUSTEE and EXECUTOR business undertaken

Hong Kong. 28th February, 1941

HONG KONG SAVINGS BANK.

above Bank t The Business of the conducted by the HONG KONG AND SHANGHAI BANKING CORPORATION, Rules may be obtained on application.

FOR THE HONG KONG SHANGHAI BANKING CORPORATION,

V. M. GRAYBURN.

Chief Manager,

Hong Kong, 1st March, 1937

AND

THE BANK OF EAST ASIA, LTD,

Authorised Capital Paid-up Capital Reserve

Profts

and Undivided

.$10,000,000 DA 5,598,000.00

2.983.261 50

HEAD OFFICE: HONG KONG 10. Des Voeux Road, Central.

BOARD

U-Boat Detection

Finally a third batch of pupils caine on board for submarine de- ng the Sikhs this day is con-tection training and we spent 31 sidered one of the most thrilling hour searching out elusive under-water quarry,

While returning to port

OF DIRECTORS:- important occasions and

visited the comfortable quar.

Hon. Sir Shou-Bon Chow, Chairman: is celebrated with full

1 ters of officers and ratings. Li Koon Chun, Esq., P. K. Kwok, Esq.. Esq.. Chan Ching noted the food

arrangements Wong Yun Tong, pomp as on this day, over

Shek, Esq.. Li Lan Seng, Esq., Wong excellent. were

They have a

Chu Son, Esq. well-stocked

while a

and Fung Ping Wah. canteen 24 decades ago, the Sikh

Esq. sports committee arranges com. earlier in the same and gunner, was reported missing Religion was founded by

petitions in various popular in- is presumed dead.

the tenth Guru, Siri Guru

door games. The twins were posted to the Gobind Singh the last

its hase in France last May, Jans Naval Authorities commandeered twin brother, also a radio operator

not

Shuttleworth.

his

22-year-old

month and

France 171

As the anchor rattled down on

same squadron after the

war began, and shared prophet of the Sikh Reli-turn to port and the liberty-men the same billet. Before the

war

soon

gion.

were

Kan Tong Po. Esq., Chief Manager. Hon. Mr Li Tre Fong. Manager.

BRANCHES AND AGENCIES:-

Santia

Bottle Melbourne Kagani New York Paria

A moj

Batavia

Bab

Caloutta

cheerfully went ashore I reflected that the Indian Navy, by its effici- ent performance and arduous and

fully upl difficult yet vital role, is maintaining its great traditions.

Rapidly growing in strength as

two steam waterboats. Although the rate of hire will probably be sinalt, having them taken off our hands will mean an appreciably saving in crew's wages, upkeep and insurance, and unless the demand for water should show an unex

increase. we should pected

they

by The occasion

was marked have difficulty in meeting

known as the "Diving Twins" by

Police of the new customers requirements.

members of the London Diving the presence The

reports Club, which they represented in Superintendent

Commissioner the Hon. Mr. J. P

as well Pennefather-Evans. that the fleet is in first class con- several English spring-board div.

Mr. C. G. Perdue, and the Com-, the weeks pass, India's Silent Ser- and dition

barring

quiet way accidents ing championships.

missioner

J. Vice Prisons, Major of should be in no need of major re-

Wilcocks. Others present includ-worthily equalling the magnificent pairs for some time to come.

ed Mr. K. A. Bidmead, Superin feats of Indian troops overseas. tendent in Charge

on

is

The profit

Working $45,851.57, nearly HK.$16,000 less than the previous year, and this!

the re- 1S amost entirely due to

n the in- duced sales In view crease in running costs it was de- cided to raise our price for water from 55 eta, to 60 ets, per ton but this increase only came into effect on the 1st October and so has not increasect 117" re- appreciably

venue.

the Comparing expenses with previous year, savings on account of Coal. Launch Working and Stores have been offset by i- creases in cost of Gil Fuel, and Office Expenses. The later due. to a Higher Cost of Laving Allow. !

10% granted the Stall ance of

Taxation and the Special War which was just under $2,000.

Boat Sold

The figures shown for Depre- and clution

Waterboats on Launch in the Profit and Loss lower than A/C is some $1,500

this and previous the represents the depreciation which would have been chargeable on No. 8 Waterboat which was sold in February, 1940.

year

The profit on the sale of this boat which amounted to $14.828,07 has been transferred to General Reserve.

PAID TO JOIN IN A FIGHT

Confessing

that he

had been

paid $10 to participate in a fight,

to a

Lo Yun, 26, was sentenced month's hard labour by Mr. G. T. Lowry this morning, for conspur- ing to fight in Jervois Street, and for possession of a dagger,

Two other Chinese were dis- charged, the prosecuting officer Teng no evidence against them.

LOCAL SHARES

BANKS Bank of East Asia $70 b.

SHIPPING

Indo-Chinas (Pref.) $80 b. LANDS, HOTELS & BLOGS. H.K. and S. Hotels X.D. $3 b. JK. Lands $331⁄2 sa.

PUBLIC UTILITIES

Star Ferries $52 b.

MISCELLANEOUS

as

with

Reuter.

in its own

Pelping Proang

Bamatog

Shanghai

Singapore

Sewrabaya

Swatow

Sydney

Bankow Hanointe Kobe

Rangoon

Floatsim

Kowloon

Balgoo

Vancouv

is

London

8 Premio

Indian Police Contingent and Mr. 0. Eager, D C. P.

together (reserves)

prominent members THE CHARTERED BANK many other of the local Sikh Community. OF INDIA, AUSTRALIA

Prayers were offered both in the morning and evening for the pre-

servance of the religion as we'l

AND CHINA.

Incorporated by Royal Charter, 1853

Paid-up Capital Reserve Fund Reserve Liability of Pro-

prietors

£3,000,000 £3,000,000

£3.000.000

HEAD OFFICE: LONDON: 38, Bisliopagate, E.C.2. Sub-Agencies in London: 117/122, Leadenhall Street, E C.2

West End Branch: 14/16, Cuckspur Street, S W., Manchester Banchi:

as for the success of British arro

of the War. AL in all theatres the termination of the services the

in a ten-party Committee held honour of the distinguished visi- tors and gave a historical arcount He alluded to of the great event. the grammy of the rulers of India at that time and compared it with Nazi Tyranny and barbarism, say - ing also that as right representei had overcome the by the Sikhs might and brutality of the unjus rule in those days, so also in the the forces of demo- end would cracy represented by Britain and Alor Star her allies triumph over the ruth-Acrine Bangkok Batavia lessness, barbarism and greediness

Bombay of Hitler and his gangsters.

He compared a Sikh to a fully equipped soldier and exhorted all Sikhs present to make some sacri- fice for the benefit of their breth- ren serving in the middle East,

Ch. Govt 5% 1925 G. $ Bds, 28 and to bear them always in mind

sa.

Entertainments $6 b.

LAST DAY'S SALES

2 H.K. Banks @ $1350 100 Lands @ $331⁄2

Those

as a light shining in the darkness. Concluding his address the Pre- sident exhorted his colleagues and members of the community to re- steadfast despite The net profit for the year

main leval and is $27 928.58, and"

all attempts to shake them, for under review

the success of India depended on adding to this the amount carried forward from last year of $3,278,- Valentine and carried unanimous- the success of Britain, and to pray that justice and liberty shal once 95 leaves us with $31.207.53 for ly.

the throughout included: the again prevail present approprinion, with which it is pro- posed to deal as follows: Hon, Mr. Stanley H. Dodwell, the world. Transfer 10 General

Mr, Ishar Singh, Hon, Secretary Reserve Hon. Mr. A. L. Shields, Messrs. $5,171.93. Transfer to Stuff Leave A; H. Veltman, L. J. Davies and also addressed the gathering and Contingency - A/c. $2.490.44, R. Ono (Consulting Committee), again thanked the visitors, adding them Valentine, Repairs Messrs. R K.

W. that their presence among tn Transfor

and V. was a symbol of unity within the $3,000.00. Dividend of 45 cents on Wright J. S. Howell

Carry Yvanovich (Shareholders); Mr. borders of the British Emnire. For 38,813 shares $17.465.85, forward to next account $3.079.31. | A. C. I. Bowker (Secretary); and the visitors, the Hon., Mr. J. 2

The adoption of the accounts Mr. F. E. Edwards (Superinten- Pennefather-Evans suitably

ponded. was seconded by Mr. R. K. dent).

8t

Special

rc3-

02. Mosley Street, Manchester, a

BRANCHES: AGENCIES AND

Ilankou

Penang

Agenotee:

Calentia

flangoon Frigor Heremban

Bhanghai

Aingapore Sitiawan

Olive Strous Kuala Lunapar Bourabay Fairlie Plac

Houg Long floilo

Spok

Karashi

Klang

Roba

Canton Cawnpore Cobn Colombo Delbi Haiphong Hamburg

Kuching Madraa

Taiping

Tientsin

Manila

Tongkah

Madan New York Poiping

Peking)

(Bhokes) Taingia

Yokohama

FOREIGN EXCHANGE and General Banking Business transacted.

CURRENT ACCOUNTS opened and FIXED DEPOSITS received for One Year or shorter periods in feel or other Currencies at rates which will | be quoted en application

SAVINGS ACCOUNTS also opened in Local Currency and Sterling with in- terest allowed at rates obtomable on application.

The Bank's Head Omce in London undertakes Executor and Truster bual- ness, and claims recovery of Krition Income Tax overpaid, on ferine which at any of the may be ancerinined Agencies and Branches.

W. IL EVANS THOMAS,

Manager. /

Loans

Local

Every description of Banking and Exchange business transacted. granted on approved secrtiies,

Current Accounts opened in Currency and Fixed Deposits received for one year or shorter periods in Local

and

Foreign Currencies on terms which will be quoted on application.

Safe Deposit Boxes To Let.

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 application.

Safe Deposit Boxes for hire.

PKILIP GOCKCHIN,

Chief Manager.

Help your Friend and his Hobby by giving POSTAGE STAMPS

for

his collection

and Seeds For His Garden

We can supply the goods of his and your want

GRACA & CO.

• Doalers in Postage Stamps, Garden Boade, etc., etc.

10. Wyndham Street Established' 1896 Hong Kong

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