HONGKONG & SHANGHAI
| BANKING CORPORATION.
| ́Authorised ·· Capital |
Issued and Fully Paid-up ̧ ̧..$20,000,00
.$50,000,000
Reserve Fundazie.
Sterling *.*.........
.£8,500,000
Hong Kong Currency Re-
of Pro-
serve
-$10,000,000
$20,000,0
HEAD OFFICE: HONG KONG.
prietors
For four generations Reserve Liability menfolk in the Storer family have taken brides whose birthdays fall the same date.
ou
BOARD OF DIRECTORS: Hon. Mr. J. J. Paterson, Chairman.
W. H. Lock, Esq.. Deputy Chairman,
The last Mr. Storer to marry is Henry-of Grayville Road, Lon- don. S.W. His wife's birthday is . K. Bousfield, Esq., on the same date as the birthdays | A. H. Compton, Esq.,
Mr. C. B. Brown proposed the re-election of Sir Robert Ho Tung. Mr. L. J. Davies and Mr. M. H. Turner as
members of the Con- sulting Committee and seconded by Mr. T. Ramsey.
The re-election of Messrs. Lowe, of his mother, grandmother and J. Davies g...
Hon. Mr. S. H. Dodwoll, Hon. Mr. A. L. Skleida, Bingham and Matthews and great-grandmother.
Linstead and Davis 15
Messrs.
was
Auditors was proposed by Mr. W. A. Kirby and seconded by Captain W. B. Patey.
This choosing of brides born under the same star has been un- intentional, though.
"It's just a coincidence,"
G. Minkin, Eng., H. 8. Morrison, Esq. Fon. Mr. T. E. Pearce,
bur Vandeleur D. Graybuto
Chief Manager,
BRANCHES¡~~
Bangoon Baigua
Francines.
Shanghai
Kuala Lumpur Singapore
Bungai Palazi
Bourabaya
the Lo
Bangkok Batavia
Ipoh Jobare
Dombay
Robe Kowloon
all Onioulte
Canton Übelog
London
Lyons
Colombo Dairen Foodbow
Mainoon
Swakow
Manua
Tiantain
Muar (Johor) Tokyo
Mukden
Tulogbo
New York
Yokohama's
Peiping
Penang
At the end of the meeting, Mr. eldest surviving Mr. Storer told W. A. Kirby proposed a vote
of me.
"But there must be some- thanks to the Chairman of the thing lucky about it-we've Company for the results achieved had the best wives you could wish
for," during the year.
It certainly makes you think When grandma died twelve italphong years ago it
was on grandpa's lanko birthday. And when grandpa-Bolle Mr. James Storer died recent- ly, it was on grandma's birth- day.
Mr.
Harbin
CURRENT
"Those
included: present S. T. Williamson (Chairman) Sir Robert
Ho Tung, Messrs, L. J. Davics and M, H. Turner, (Con- sulting Committee) Messrs. C. B. Brown, N. V. A. Croucher, W. L. The value of our Fleet stands at Kirby. Hon Yan Lam, T. Ramsey it will be noted from the Reserves, holders) Mr. C. L. Farmer (Secre-
very conservative Agure, and and Captain W. B. Patey (Share-it until my father died," Mr. W. J. periods in Local and Other Currencies and our financial position gener-, tary.) Running ally, that we are in a good posi- Charges, tion to face unforseen contin-
The Chairman, Mr. S. Williamson, said:
After paying all Expenses, Docking
Insurance Premia, Allowances gencies and also to consider the and War Taxation and
Trans-purchase or building of tonnage
ferring $300,000 to General as and when this is possible. Reserve, the sum available for distribution is $352,595.25, This
sum includes 23 carry forward
the
for
Bonus To Officers
STOCK EXCHANGE FIRM
from last year of $292.190.25 less I take this opportunity of plac-
sum <if $105,250.00 being ing on record our appreciation of payment of Dividend
1939 the loyal and efficient services The undertone of the London and Bonus tu Ofeers.
Arm Your rendered by our Floating and Stock Exchange remained Consulting Committee and General Shore Staff, and we are not un- yesterday although gilt-edged and Managers propose in appropriate mindful of what has to be con- home rails tended to be reaction
tended with at sea and even inary Industrials were steady with Wireless and Cour- port to-day. A Bonus of 10% on Cable and
lauld's good features, the latter on useful enquiry finding stock short. Oils were steady, with Mexican Eagle improving on the reported of Mexican big British purchase
this sum as follows; --
To pay a Dividend of 10 per cent. ($5.00 per share)
5
To Pay a Bonus of
per cent. ($2.50
To Carry Forward
per share)
to Next Account
$100,000.00
wages paid during 1940 has been grunted to all Officers and also a further War Risk Bonus of $20 per month is also being paid to certificated Officers.
ACCOUNTS opened t Local Currency and FIXED DEPO "We never really thought about SITS received for One Year or shorter Storer, who lives at Melody Road, London, S.W., told me. amazing coincidence,"
"It is an
COMPANY DIVIDEND
ou terms which application.
will be quoted
00
SAFE DEPOSIT BOXES of various sizes To Let. ***** TRUSTEE and EXECUTOR business
undertaken.
Hong Kong. 28th February, 1941.
HONG KONG SAVINGS BANK.
The General Managers and Consulting Committee of the Hong Kong Fire Insurance Co., Ltd., will recommend at the forth-
The Business of the above Bank is coming Meeting of Shareholders conducted by the HONG KONG AND to be held on May 21, the SHANGHAI, BANKING CORPORATION, payment on account of the year Rules may be obtained on application.
1939 of a Dividend of
FOR $11 per
THE HONG KONG share absorbing $440.000; to pass SHANGHAI BANKING CORPORATION.
V. M. GRAYBURN, Hong Kong, 1st March, 1937.
the balance of $229,935.45 to credit of Reinsurunce Fund and to carry forward $741,199.92 in res- pect of the year 1940.
HEAD OFFICE:
ail Kaffles responded to satisfac- THE MERCANTILE BANK $50,000,00
OF INDIA, LTD. I regret to state that Mr. Neil tory April returns and diamonds Among foreign Chief were supported. $202.595.25 Lang, an old and trusted
Japanese bonds tended Engineer, who had been in our sues employ for
Iraq 15, Gracechurch Street, Lundon, E.CA 33 years. and was lower while Egyptian and
Wall Street was Authorised Capital serving on the 'HAIYANG," passed issues receded.
Subscribed Capital away in Colombo on Christmas firm. Day, and in his passing we have sustained a heavy loss and he will be missed by many owing to his genial disposition and many charitable acts.
$352,595.25
which I trust will meet with your approval.
This showing can be considered very favourable in the light of trading conditions as they exist in the Far Eust to-day, but I "regret to state we are still unable
to ply on
old-established our China Coast Routes, and it was
New Tonnage Seconding the proposal for the also found impossible during the adoption of the reports and year to continue on our Indo-accounts, Mr. N. V. A. Croucher China trades owing to the said: imposition of various restrictions on trading in that vicinity.
In India
I am sure Shareholders will join me in congratulating all concern- ed on the very good results obtain- ed. The financial position of our Company is strong and our ships have been written down to very conservative values,
our
the
Two of our vessels are now operating in
the India under Ministry of Shipping Requisition- Ing Scheme, and the other two are requisitioned and employed under The policy of adding to "the Local Government Control already large reserves for
scheme, and are at present engag-purpose of building or purchasing ed in the
essential carriage of
new tonnage will commend itself commodities for this Colony, on the ground of prudence alone, Definite rates of hire are not yet and it seems important that we determined and we are advised continue the policy of further con-
position of that Local Owners operating under solidating the the Local Control Scheme will Company. receive about the same recom- The loyal support of the Com- pense as the Local Liner Company's Officers afloat has contri- panies now requisitioned and em- buted in ployed under the London Ministry to of Shipping Scheme.
3
our
no small measure achieve the good results
and i shown,
I am glad
INDO-CHINA
STEAM NAVIGATION COMPANY, LTD.
OPERATING SERVICES FOR
CARGO and PASSENGERS
TO-SWATOW, SHANGHAI, - TSINGTAO,
CHEFOO AND TIENTSIN
KOBE AND OSAKA
BINGAPORE, PENANG AND CALCUTTA SANDAKAN, HAIPHONG
All steamers berth alongside "the" Roosevelt 'Terminal In the French Concession at Bhanghal, where and cargo are landed. ¿passengers
For Further Particulars Please Apply To
JARDINE, MATHESON -
Co., LTD.
GENERAL MANAGERS.
TELEPHONE 30311
to
Reuter.
LOCAL SHARES
BANKS
SHIPPING Indo-China (Pref.) $80 b.
Paid-up Capital Reserve Fund & Rest
BANKERS:
£3,000,000
1.800.000 1,050,000 1.254.839
The Bank of England and Midland Bank, Ltd.
BRANCHES:
Kuala Lumpur Siml
AND
Chief Manager.
THE BANK OF EAST ASIA, LTD.
Authorised Capital
Paid-up Capital Reserve
Profita
and Undivided
,$10,000,000.DG 5,588,600.00
2,983,261.50
HEAD OFFICE:-HONG KONG 10. Des Voeux Road, Central,
BOARD OF DIRECTORS:- Hon. Sir Shou-son Chow, Chairman; LI Koon Chun, Esq., P. K. Kwok, Esq.. Ching Wong Yun Tun, Esq., Chan Shek, Esq.. Li Lan Sang, Esq., Wong and Fung Ping Wah, Chu San, Tad
Esq.
Kan Tong Po. Esq., Chiet "Manager. Hon. Mr. Li Tre Fong, Manager.
BRANCHES AND AGENCIES:--
Manila
Bangkok
Jafioz
Madeno
Bombay
Kuanian
New York
Bank of East Asia $70 b.
Calcutta
Kanty
Porang
Colombo
Harochi
Ext:good
Dolki
Kota Bharu
Shangbal
Galle
flong Kong
Kuala Lipis
Singapore
Howrah Ipoh
Kusia
Bentila
Trengganu
mog Batavia
Bombay Calcutie
Melbourne Kingmanki
Bamerang
Obanghal
New York
and
Uniphoes Bankow Honolulu
Parle
Bingapore fwrabaya
Peiping
Bwstow
Penang
Robe Bowloom London
Rangoon
Tientala
Salzoo
San Francisco
$1
DOCKS, WHARVES, GODOWNS, ETC.
4
H.K. Docks $15 sa. Providents $4.60 b. LANDS. HOTELS & BLDGS. H.K. and S. Hotels $2.80 b.
PUBLIC UTILITIES HK. Tramways $16 s. China Lights (Old) $5.70
$5.90 s.
H.K. Electrics Rights $13% s. Macao Electrics (Old) $17 b. Telephones (Old) $22 s.
STORES, &C. Watsons $91⁄4 s. Lane, Crawfords $74 5.
MISCELLANEOUS Entertainments $61⁄4 b.
LAST DAY'S BALĖS 50 Docks @ $15
וה
HONG KONG BRANCH Every description of Hanking Exchange business transacted.
TRUSTEE AND EXECUTORSHIP UNDERTAKEN, CURRENT ACCOUNTS opened Local Currency and FIXED DEPOSITS received in Local Currency & STER- b., LING on terms that may be ascertain
ed on application.
D. BENSON,
Mañader
THE CHARTERED BANK OF INDIA, AUSTRALIA. AND CHINA, Incorporated by Rưyal Charter, 1863,
Paid-up Capital Reserve Fund Reserve Liablity of Pro
prietors
£1,000,000 £3,000,000.
£3,000,000
HEAD OFFICE? LONDON: 38, Bishopsgats, E.C.2. Sub-Agencies in Londoni 117/123, Leadenhall Street, E.C.2. West End Branchr 14/18. Cockapur Street, 9.W.L. Manchester Branch:
52, Mosley Street, Manchester, X.
AGENCIES AND BRANCHESI
Penang
Rangoon
Balgon Barenban Shanghai
Alor Blaz
Bankow
Artritear
Bong Kong
Bangkok
Iloilo
Bavivia
Spok
LOWADAY
Karachi
Calcutta
Klang
В пдарств
Agencies: Kobanki
Fitiawan
Bourabays
Tiental
Cawnpore Manila
Kolak
Cobi
Modan
(Bhuket)
Colorbo Delbi
-New York
Palping
Tulagiar Yokohame
(Vaking)
Olive Streak Kuala Lanipur
Fairlie Flaca Kuoling *Taiping Canton
*Madras
Haiphous Haraburg
FOREIGN EXCHANGE and General Banking Business' transacted,
CURRENT ACCOUNTS opened and FIXED DEPOSITS received för. One Year or shorter periods in Tocal-or Other Currencies. at rates which will be quoted-en" application...
SAVINGS ACCOUNTS also opened in Local Currency and Sterling with ra... terest allowed at Arafes obtainable on application.
"The Bank's Head Office in London undertakes Executor and - Truster. busi- ness,' and claims recovery, of British Income TaxLoverpaid-on” terans, which may be ascertained-at?” any, of ^thì.
·Agencies and: Branches, Pha
;h WSH EVANS THOMAS,
Bydney
Vancover
Every description of Banking and Exchange business transacted. Loans granted on approved sewrites.
Current Accounts opened in Local Currency and Fixed Deposits" received for one year or shorter perioda in Local and
Currencies Foreign
terms which will be quoted on application
Sale Deposit Boxes To Let.
KAN TONG PO;
Chief Manager.
THE WING ON BANK, LIMITED.
Head Office: Hong Kong. 28, 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 af rates which will be quoted on application.
Safe Deposit Boxes for hire.
PHILIP 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 this and your want GRACA & CO.
Dealers In:,
Postage Stampa, Garden Beads.
Wyndham Strðat " shad, 1896e Hana, Kong,