HONGKONG & SHANGHAI
BANKING CORPORATION
Authorised Capital
Issued and Fully Paid-up Reserve Funds:--
Sterling
Hong Kong Currency Re-
servo
Reserve Liability of Pro-
prietors
$50,000,000
$20,000,000
$20.
HEAD OFFICE: HONG KONG,
BOARD OF DIRECTORSI Hon. Mr. J. J. Paterson, Chairman.
W, H. Lock, Esq., Deputy Chairman.
Australia's export of aeroplanes in 1942 will exceed £12,000,000 in
J. K. Boussid, Esq., value with a total production valueJ. Darios, Esq.,
A. H Cotopron, Esq., of £20,000,000, according to Mr. John Storey, Commissioner for Aircraft Production.
G. Miskin, Esq., K. 9. MUSTIBO, Esq... Hon. Mr. T. E. Pearce
Mr. 8. H. Dodwell, Hon. Mr. A. L. Shradh Ion, Sir Vandeleur M. Grayburn, Chief Manager.
A large percentage of aircraft produced will be Beaufort medium torpedo bombers, fastest of their type in the world.
The opening of additional Boney schools is enabling a constantly in- Catentia
Craton
BRANCHES:-
Rangoon Balgon
Bourabaya
stpo
Bangkok Datavia
Ipob Jobore Kobe Kowloon
San Francisco
Bhangtai
Kuala Lumpur
Slugspor
Londpa
Chefog
Lyons
Sungel Faiant
own
Colombe Dairen
Malacoa
Swaloy
Manila
Tientela
Fooshow
Aluar (Johor) Tokyo
Ha'phoos Backor
Mukden
Talogten
New York
Tokobama
Barbila
floilo
Pelping Penang
creasing number of Australian air- men to be trained in their country. Ground crews are now trained entirely in Australia,
One-fifth of the pilots and a quarter of the air-gunners, ob- Carvers and wireless operators still finish training In Canada! CURRENT ACCOUNTS opened to training scheme Local Currency and FIXED DEPOJ and some are sent to Rhodesia SITS received for One Year or shorter but these proportions are grow- 1 periods in Local and Other Currencies ing less.
terms which will be quoted
under the air
оп
un
the
SAFE DEPOSIT BOXES of variousl sizes To Let.
TRUSTEE and EXECUTOR business undertaken.
of the South African Air Force sald
1,500
There are two and a half times as many Free Frenchmen serving in the Free French Navy as a year ago. The number! and gross tonnage of the Speaking at the coming of age application ships they man is more on Monday. General Smuts than a quarter of the total South Africa, which started merchant navy of France, war with an air force of only one
These facts were stated by Co-pilots and mechanics. to-day
squadron and a total of lonel Llewellin,
has Joint Parlia Anthony mentary Secretary to the Minis personnel of at
over 2,000 pilots and additional least 25,000 of the try of War Transport, in
opening, which 3,000 are women, point a hostel at Cardiff yesterday for In cooperation with the British
the, officers and seamen of Free Government,
South French merchant navy.
Africa 15 building up " Col. Llewellin added the ships' air force which will involve a total far more powerful were not "tucked" away in har-for 50,000 men and women, -Bri- bour like so many of the Ger-tish Wireless. man and Italian ships but were sailing the Atlantic-not in safe routes immune from submarines or air attack.
no danger, potential or wise, to the State from activities. Commenting on Mr. Eden's recent speech Commons, the newspapers out that Iran to-day is not same Iran
of 1914-1918.
The British have been no less positive. It is hoped the Iranian Government will heed therefore the warning is out these friendly but earnest place.-Reuter.
warnings and give evidence of its goodwill by expelling Nazi agents,
Some Disquiet
These agents are plotting
ઘડ
much against the Shah himself
as
Allied against
the Middle East,
interests in
During the last few days, however, more Germans
on
been reported
their
way to Iran. The situation must therefore be considered as still giving rise to soine disquiet.-Reuter.
GERMAN WAR
DRIVE
NOT
anki
or
"Famous liners like the lo de France have carried and aro carrying British, Imperial and
Free French troops to different theatres of war.
HESITANT STOCK MARKET
Exchange
Ukraine
Hong Kong. 28th February, 1941.
HONG KONG SAVINGS BANK.
The Business of the above Bank 18 conducted by the HONG KONG AND SHANGHAI BANKING CORPORATION; Rules may be obtained on application.
FOR SHANGHAI BANKING CORPORATION,
THE HONG KONG
AND
V. M. GRAYBURN,
Chief Manager. Hong Kong, 1st March, 1937,
THE CHARTERED BANK OF INDIA, AUSTRALIĄ AND CHINA.
Incorporated by Royal Charter, 1857
Paid-up Capital Reserve Fund
prietors
The London Stock Cargo ships are carrying muni- yesterday was inclined to hesitate GERMANY IS CONSCRIPTINGtions and other supplies to this awaiting Japanese and have
ONLY HUNDREDS OF country. THOUSANDS OF WOMEN, BUT lusses as we have had ours.
They have had their developments but leading indus- Reserve Liability of Pro- ALSO BOYS AND GIRLS IN
The trials continued a men who man them are
good feature THEIR EARLY TEENS;
play- especially FOR ing their part in the Battle
tobaccos. Shippings MUNITION FACTORIES.
the Atlantic as willing comrades P. and O. 9d higher
were also firm yesterday. with of the men of our
at 27/0. chant navy."-British Wireless.
own mer Gilt-edged occasionally were a shade lower and home rails, oils, rubbers and tins easier. Kaffirs were idle and slightly reactionary but Japanese bonds rallled, Brazi- Bana were
also higher while! Argentine rails continued firin. ¡ --Reuter.
No Fresh Developments
There are no fresh develop ments in Iran as the result of the present international situa- tion.
in
The Lisbon correspondent of the "Daily Express" says: "During the summer holidays, High School. children will be drafted into fac- tories to perform repetitive tasks for a token payment.
"The Nazis are using
even for a
The Teheran newspapers em- Jewish men and women phasise Iran's neutrality all more productive war drive, re- circumstances, and they also sulting in a slackening of anti- strongly deny recent foreign press Semitic propaganda. The Jews, and radio reports on the subject however, are getting only of German experts and tourists thirds the money arriving in Iran,
of
Aryans."
two- paid to
Peninsula
Hotel
CAFETERIA GRILL
-INSTITUTING-
TABLE D'HOTE SERVICE
TIFFIN $1.75
FROM 12 NOON
DINNER $2.25
FROM 8.00 PM.
LA CARTE
THE HONG KONG & SHANGHAI HOTELS, LTD.
SUGAR RAMP STOPPED
(SPECIAL TO "CHINA MAIL"] "To protect the American public against rampant speculation in sugar. Mr. Leon
Henderson,
THE BANK OF EAST ASIA, LTD.
Price Controller, yesterday fixed a Authorised Capital celling price of 3.5 cents a lb. for Paid-up Capital standard
raw duty-pald | Reserve and Undivided
sugar.
grade
Mr. Henderson later phoned the New York Commodity Exchange and asked rubber dealers to liqui- date all open positions.--Interna - | tional News Service.
LOCAL SHARES
H.K. GOVT, LOANS 4% Loan 95% b. 32% Loan (1934) 94% b. 32% Loan (1940) 941⁄2 b.
BANKB
Hong Kong Bank $1335 b.
INSURANCES
Canton Ins. $225 b.
Union Ins. $405 b.
H.K. Fire Ins. $185 b. DOCKS, WHARVES, GODOWNS, ETC..
H.K. Docks $15 b, $15.65.sa. Providents $5.80 b.
LANDS, HOTEL & BLDGS, H.K, and S. Hotels $3,20 b. Chinese Estates $101 b.-
PUBLIC UTILITIES HE, Tramways XD. $16,90 b,
$10.05/17 sa.
China Lights (Old) $5.90/6° sa. China Lights (New): $1,30 sa.. H.K. Electrics (New) 21. h HK: Electrics Rights $10.90 bộ
$11 sa:
-Macao Electrics $184 b., $18.40
INDUSTRIALS Cements: $1434-b..
STORES. &c., Dairy Farms $184 so. "Watsons $10.00 b.
LAST DAY'S SALES 100 Docks @ $15.05 200 Trams @ $16.95"
38 Trama @ $15.90
300. Troms @ $17. 100 Lights (Old) @ $5.90 300 Lights (Old) @ $5,05 1.000 Lights (Old) @ $0 - 1,075 Lights (New) 800 Macho Electrics @ $18,40) -300 Dairy Farms"@~~
$1.30
Profits
£3.000.000 £3,000,000
£3,000,000
HEAD OFFICE: LONDON- $8, Bishopsgath, E.C.2. 117/123, Leadenhall Street, E.C.2. West End Branch: 14/18, Cockspur Street, S.W.1, ax.
Manchester Bránchí b2, Musley Street, Manchester, 2
AGENCIES AND BRANCHES:
Bankow Hng Kong
Alor Star ・AD-ilmar
Bangfol
Juito
Batavin
pon
Bombay
Karachi
Caloura
Kiang
Agencies Robe
Potang
Rangoon
Balgou
Berenban
Booogona
Singapore
Sitiawan
Talping
Tienisin
Tongkah
+Bbuket)
THIL TRO
okonana
Ulive Brems Kuala Lumpur Bourabaya
Blodan
Fairlie Place Kuching : Canton
Madros $10,000,000 mp Cawnpore Manila
5.598.600.00 Cebu
Colombo 2.983.261.30 Haphones
HEAD OFFICE:~HONG KONG 10, Des Voeux Road, Central
New York Papio
(Pakorg)
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 will
BOARD OF DIRECTORS:~-~ Hon. Str Shou-son Chow, Chairman: Li Koon Chun, Esq., P. K. Kwok, Esbe quoted on application Wong Yun Tong, Esq., Li Lun Sang. 'Esa.. Wong Chu Son, Esq. and Fung
Ping Wab. Esq.
Kan Tong Po Esq., Chief Manager, Hon. Mr. Li Tae Fong, Manager.
BRANCHES AND AGENCIES:-
Manila
Seattle Melbourne Sainsrang etanglia!
Singapore Sourabaya Swntow
Amoy Batavia Bombay
Nagasaki
Calcutis
New York
Haly bong
Paris
Bankow Bonolulu Robe Kesionn Londos
Pelping
Penang
Rangoo
Sydney Tientsin
Baigo
Sure Franches
Vancouver
Every description of Banking and Exchange business' transacted. Loans Kranted on approved securities,
Current Accounts opened in: Local Currency and Fixed Deposits received fer one year or shorter periods in Local and Foreigri Currencies on terms which will be quoted on application,
Safe Deposit Boxes: To Leting S
KAN TONG PON
Chief Manager:
THE WING ON BANK, LIMITED.
Local Currency and Sterling with in SAVINGS ACCOUNTS also opened in
terest allowed at rates ootainable, on application.
The Bank's Head Office in London undertakes Executor and Trustee busi ness, and claims recovery of Britain Income Tax overpaid, on terms, which may be ascertained at
tha any of | Agencjes--and Branches.
W. H. EVANS THOMAS,
Manager.
THE MERCANTILE BANK OF INDIA, LTD.
HEAD OFFICE:
.£3,000,000
15, Graaschurch Street, London, E,C:6. Authorised Capital Subscribed: Capital Paid-up Capital~.
1.800.000
1,050,000
$1,254,039
servering & Rest
MADLOBANKERS), The Bank of England and Midland Bank Ltd
Bangkok Bombay
Calcutta
Colomba
·Deint⋅ Galle
BRANCHES: Jeffus
Ausutam
Madras
New York
Kandy
Ponang
Karachi
Inngan
Kota Bharu
Shenghad
Kuala Lumpur Simla sve
Singapore
Hang Bong Kuala Lipis
Howrah
"Head Office: Hong Kong, 26, Des Voeux. Road; Central: Authorised Capital $10,000,000 || (pola
LONDON BANKERB:- Westminster Bank, Ltd. Foreign Exchange and every
Trong ng
GAME HONG KONG‘BRANCH LE
Every description of Banking and:
description of banking business Exchande business transacted; DAL
transacted,"
TRUSTEE AND EXECUTORSHIP HREN UNDERTAKEN HON
CURRENT ACCOUNTS: "opened in
Current Accounts and Savings Accounts, opened. Fixed Deposits Local Currency and FIXED DEPOSITS received at rates which will be received in Local Currency & STER-
quoted on application,
|LING on terms that may be ascertained
Safe Deposit Boxes for hire, on application, BY PHILIP GOCKCHIN, ERRO
Kate Sea a une de pe len čauw » Chief- Bíanagary islamyn
BENSON,