HONGKONG & SHANGHAI BANKING CORPORATION.
| Authorised Copital
.$50,000,000
Issued and Fully Paid-up...$20,000,000, Reserve Funds:-
Sterling
Hong Kong Currency Re-
ВСГУС
Reserve Liability of Pro-
prietors
£ 1,000,000
.$10,000,000
$20.000,00#
HEAD OFFICE: HONG KONG,
BOARD OF DIRECTORS: Hon. Mr. J. J. Paterson, Chairman.
W. H. Lock, Esq.. Deputy Chairman.
G. Miskin, Eeq».
K. 8. Morrison, Esq.. Hon. Mr. T. E. Poarce,
Hong Kong Bank $1360 b., $1370. K. Bouefield, Esq., A. II Compton, Esq., L. J. Dertos. Eng., Bon. Mr. 8. H. Dodwell, Hon. Mr. A. L. Shields, Sir Vandeleur M. Grayburn Chief Manager.
SHIPPING
Indo-Chinas (Pref.) $80 b. Indo-Chinas (Def.) $65 b.
DOCKS, WHARVES, GODOWNG, Batavia
ETC.
Rangoon Saigon
Bed Frecalc Shanghai
Kuala Lumpm Slugspors
Berurabaya
BRANCHES-
Ipoh
Bangkok
Jobore
Koba
Bombay
Kowloon
Calcutta
H.K. Docks $15.80 s.
Canton
London
Bri-
Providents $5.85 b., $6 s., $5.80/- Chefoo
85 sa.
Lyons
Colombo
Maisons
Dairen
Manila
of
Foonbow
Moar (Johor) Tokyo
LANDS, HOTEL & BLDGS. Н.К. and S. Hotels $3.35 b., Harbin
$3.35/40 58.
Haiphong Bankow
Mulden
Tlogtoo
New York
Paiping
[lollo
to
At the same time, however, trade As was expected, Great and munitions experts in the U.S. tain took the largest part pointed out that the United States America's 1940 arms exports, the continuing shipments to British figure of $176,301,212 be- Japan of a number of commodi- ing approximately 54 per cent. America's grand total ties which, while not falling into of
export of $328,883,814. the category of war material, are arms nevertheless essential to Japan's Canada took 1940 shipments
Chief among these the amount of $22,663,217. war effort. shipments are petroleum, partic- ularly gasoline, cotton and iron Extent Of U.S. Aid and steel semi-manufactures,
The important part which the The latest trade statist es reveal United States is playing in
effort British Empire's war that whereus American exports buti
of petroleum to Japan stood at strikingly demonstrated when the 50,
Great Britain $6,510,000 worth in December of 1940 figures for in
lust
with and Canada are compared with year 85 compared
of $31,438,389 $4,651,000 a year previous, Decem- the 1939 figures ber cotton exports amounted to and $2,870,800 respectively. but 9.000 bales as against 124,000 Impressive as are the 1940 fig- Iron and ures for
material actually for December of 1939.
Britain and steel
Miss Bailley claimed that she had been given verbal approval wanted to run the school.
She to oblam official authority
doing was prevented from since she had been detained hospital for several weeks suffer- AS *1 ing from a broken arm
result of an accident.
Miss Bailley added
had no intent on
to
that run
she the She
school without registration. was still waiting for a reply from the Educational Department.
was
war
the
is
of
exported to Great semi-manufactured exports to Japan for December were Canada, they fall far short valued at $3,381,000 against the figure for the amount of arms $5,057,000 a year previous.
Increase To China
The almost negligible exports
export licences Issued during lasi year. In the case of Britain the Agure was $675,470,249 and Canada $48,448,158.
Assembled
of
and unassembled
aero-
the
to Japan of war material, which warplanes, together with
the plane engines, were by far are cited here as proof of
In which America most important of America's 1940 Britain recelv- to arms categories, giving practical
way
js
Mr. Ralston added that per- mission would have been issued been after the Regulations had complied with by the applicant. In this case M ss Ballley had failed to comply with the instructions,
The school was ordered to be
Miss Bailley closed und
application caution by the convicted with a
ed warplanes valued at $82,203.- its disapproval of Japanese
410 and engines valued at $27.- Magistrate.
aggression, stands in strong con- trast to 1939 when Japanese im- 439,839, while the corresponding ports of American war material figures for Canada were $11,627,- France, be- amounted to $998,590. The only 16 and $5,110,664, military equipment sent to Japan fore it fell, received 'planes and engines to the respective amounts during 1940 were
spare
of $53,907,979 and $10,345,538. parts for aeroplanes.
DIVORCE
CASES
HELD UP
of poor
Hundreds divorce cases are because so many
minor
While arms shipments ta Japan dwindled to practically nothing, those to far castern countries with which the United States felt а stronger community of interest rosc remarkably. work
persons' being held up barristers and]
who undertook
gratuitous and have joined the Forces.
solicitors
voluntary
Sir
Somervell,
Attorney-General,
Donald
question in the
this
the
During
whereas
i year
1939 China bought answering a $2,012,724 worth of arms in the later it House of Com-U.S.
In like mons recently said that arrange-bought $8.422,125 worth.
the Netherlands Indies ments were already in force for manner
S7 336 869 postponing the call-up of solicitors 1940 figure whose services were required. He larger than the 1939 figure
An even more start- had asked the Bar Council to $0,070,427.
in' shown
the far as ing jump was consider the question 50
combined Australian-New barristers were concerned.
of
In London alone there are over land figures for 1939 and 1,000 poor persons'
waiting list.
cases in the-these
being $1,022,283
$11,910,093 respectively.
FELLOWSHIP OF THE
BELLOWS
JUNE
SCORE
470
was
of
Large an were the warplane Britain and engine exports to during 1940, they were far be-
export low the total for the licences granted for each cale-
Thus
Britain received gory.
buy jast
to permission
year $332,506.252 worth of warplanes $156,575,911 worth of
while Canada engines, granted export licences amount. ing to $27,140,870 for warplanes and $9,646,008 for aeroplane engines.
and
Purchases
H.K. Lands $35 b., $35 sa. H.K. Realties $3.20 b. Chinese Estates $100 b.
PUBLIC UTILITIES
H.K. Tramways $17.10 b., $17.-
15 sa,
China Lights (Old) $6/6.05 sa. China Lights (New) $1,35 b. H.K. Electrics Ex. Rts. $2212
sa.
H.K. Electrics (New) $21 b. Macao Electrics $18% b. Telephones (Old) X.D. $221⁄2 b. Telephones (New) X.D. $8.90 b.,
$0.10 s., $0 sa.
INDUSTRIALS
Cements $14.60 b.
H.K. Ropes $8.60 b., $8.40/81⁄2
sa.
STORES, &C. Dairy Farms $19 b. Watsons $10.80 b.,
$104/85 sa.
$11.10
LAST DAY'S SALES
15 HK. Banks @ $1370 5,400 Providents @ $5.80
500 Hotels @ $3.35 500 Hotels @ $3.40 500 Lands @ $35 700 Trams @ $17.15 500 Lights (Old) @ $8 200 Lights (New) @ $6.05 300 E'ectrics (Old) X.
@ $2242
100 Telephones (New) @ $9 1,500 Ropes @ $8,40 500 Ropes @ $82
2,600 Watsons @ $10% 1,000 Watsons @ $10,85
Perung
CURRENT ACCOUNTS
Bunge! Patari
Bwaly Tientsin
Yokobaron
opened in
Local Currency and FIXED DEPO SITS received for One Year or shorter- periods in Local and Other Currencies terms which will be quoted on application.
on
SAFE DEPOSIT BOXES of various sizes To Let
TRUSTEE and EXECUTOR business undertaken.
Hong Kong, 26th February, 1941. HONG KONG SAVINGS BANK.
The Business of the above Bank is conducted by the HONG KONG AND SHANGHAI BANKING CORPORATION, Rules may be obtained on application, AND HONG KONG FOR THE SHANGHAI BANKING CORPORATION.
V. M. GRAYBURN,
Chief Manager.
Hong Kong, 1st March, 1837.
S.. THE CHARTERED BANK
OF INDIA, AUSTRALIA AND CHINA.
Rts.
Incorporated by Royal Charter, 1853.
Paid-up Capital
£3,000,000
Reserve Fund
£3,000,000
Reserve Liability of Pro-
prietors
£3,090,000
HEAD OFFICE: LONDON:
29, Bishopsgate, E.C.2. 117/122, Leadenhall Street, E.C.2. West End Branch: 14/16, Cockspur Street, S.W.1. Manchester Brancht
b2, Mosley Street, Manchester, 2
AGENCIES AND BRANCHES:
Bankow Hong Kong
Karachi
Alor Star
Penang
Amritsar
Rangoon
Bangkok
11olto
THE BANK OF EAST
Batavia
Ipoh
Buigou Soromban
Bombay
Shanghai
was
ASIA, LTD.
Caloutta
Klaug
Bingarre
Agencies:
Kobe
Sitiawan
Clive Street Kuala Lumpur Sourabaya
Authorised Capital Paid-up Capital Reserve and Profits
Undivided
$10,000,000.00
5,583,600.00 Canton
Cawnpore 2,883,281,50 Cebp
Colombo Delhi
Fairlin Place Kuching
Talplug
Madras
Tiental
Mantia
Toogkab
Medan
(Bhuket)
Now York
Tsingtao
Poipis
Yokohama
Baiphung
(Poking)
Japanese-American trade. with- Zea- stood numerous adversities dur- held 1940ing most of last year and
and the great bulk of the preceding
year's $393,000,000 value.
purchases in Japanese
the United States fell off about $5,000,- totalled more than 000 but still $227,000,000.
In that relatively mild reces- sion all accounted for in thei
HEAD OFFICE:-HONG KONG
10, Des Voeux Road, Centra
BOARD OF DIRECTORS:- Hon Sir Shou-son
Chow, Chairman; Li Koon Chun, Esq., P. K. Kwok, Esq.. Wong Yun Tong, Esq., Li Lan Sang. Esq.. Wong Chu Son, Esq. and Fung Ping Wah. Esq.
Kan Tong Po, Esq., Chief Manager. Hon. Mr. Li Tse Fong, Manager.
BRANCHES AND AGENCIES:-
last two months of 1940-Japan Amos
Batavia dropped from third to fourth Bombay among America's customers. Bri- Calcutta tain, Canada
France led Hall heng
Hankor Honolulu furnished Kobe office
Japan.
The statistics
and
were
by the San Francisco
Manila Melbourne
Nagnaki
New York
Puris
Peiping
Penang
Boattle
Samarang Shangha
Singoporo Sourabaya Swplow
Rangoon
Sydney Tientsin
of Kowloon
Balgor
Vancouver
San Francisco
the Federal Bureau of Foreign London and Domestic Commerce.
Japan's shipments to United States receded too.
Every description of Banking and Exchange bustness transacted. Loans the granted on approved securities.
But
on
Current Accounts opened in Local the decline wäs jess both In total Currency and Fixed Deposits received and in percentago, The $158,370,- te one year or shorter periods in Local
Currencies
terms .000 Imports from Japan were and Foreign
about
lees than in which will be quoted on application,
Safe Deposit Boxes To Let
KAN TONG PO,"
Chief Manager.
123,000,000
import decline of 1.8 per export cent compared with the drop of 2.1 per cent.N
Application of export licenses to safeguard the American de- fence programme cut into exports across the Pacific. Those exports amounted to 5.0 per cent of the United States tatal, compared with 7.3 per cent in 1930 and 7.8 in 1930,
THE WING ON BANK, LIMITED.
FOREIGN EXCHANGE and General Banking Business transacted,
CURRENT ACCOUNTS opened.. and FIXED DEPOSITS received for One Year or shorter periods in Local or Other Currencies at rates which wil]; be quoted on application.
SAVINGS ACCOUNTS also opened in Local Currency and Sterling with in- terest allowed of rates obtainable on application.
The Bank's Head Office in London undertakes Executor and Trustee bush ness, and claims recovery of Britain' Income Tax overpali, on terms which may be ascertained at any of the Agencies and Branches.
W. H. EVANS THOMAS,
Manager.
THE MERCANTILE BANK OF INDIA, LTD.
HEAD OFFICE:.
£3,000,000
15, Gracechurch Street, London, E.G-8." Authorised Capital
· 1,000,000 (Subscribed: Capital
Paid-up Capital.
$1,050,000) Reserve Fund & Rest...... 1.254.039 BANKERS: The Bank of:England and"Midland-A Bank, Ltd.
.BRANCHES: Jaffa
Kuantan bandy
Karneol
Bengkok' Rombay
Calcutta
Colembo
Delhi 3
Kota Dhara
Kuala Lipla
Head Office: Hong Kong.../ 20, Des Voeux Road," Contral,
Howrah Authorised Capital ... $10,000,000 ch
LONDON BANKERS —–—– Westminster Bank, Ltd, Foreign Exchange and every description of banking business transacted; -,
The licence system cut Novem-. ber and December shipments of such items as machine tools, ferro-alloys, scrap iron and cop- per. Domestic controls in Japan Current Accounts and Savings and a'fficulties in foreign markets Accounts opened. Fixed Deposits cut that country's purchases of received at rates which will be American colton Restrictions on quoted on application.
use of gasoline hit sales of Safe Deposit Boxes for hire automobiles and trucks, but sales
PHILIP 'GOCKCHIN,
Chief Manager.
of oil products rose.
Medran New York
Pripang
Tangom
Shangbal
Kuala Lumpor 6imla
"Kuala B
Troungabu
·Bingapore.
HONG KONG TRANCH Every description of Hanking, and Exchange business transacted, th
TRUSTEL AND EXECUTORSHIP UNDERTAKEN,
.. CURRENT "ACCOUNTS opened fr
Local Currency and FIXED DEPOSITE received in Local Currency & STER LING on terms that may be ascertained on application.
DENSON.