HONGKONG & SHANGHAI
BANKING CORPORATION
Authorised Capital
$50,000,000
ssued and Fully Paid-up...$20,000,000 teserve Fundo:-
Sterling
Hong Kong Currency Ro
serve
Reserve Liability of Pro-
prictors
.$10,000,000
$20,000,
HEAD OFFICE: HONG KONG,
'BOARD OF DIRECTORS: Hon. Mr. J. J. Paterson, Chairman,
W. H. Lock, Esa.. Deputy Chairman,
the deliberations in Africa_which might turn to the Allied advantage. It is considered a question not of probability, but only
remote of an admittedly possibility. But as long as it re- mains even a
possibility Wash- ington is determined to close no
1. K. Bourdaid. Bag... General Wey-Compton, Esq.,
R. B. Morrison, Esq... opportunities for
L. J. Davies, Eng., Hon. Kr. T. E. Pour Hon Mr. 9. B. Dodwell, Hon. Mr. A. L. Shield
Hon, Sir Vandeleur M. Grayburn, Chief Manager,
UNREST IS VISIBLE in France, the De Gaulle cause is increasing in popularity in France proper and in all French colonies, and Gen. Maxim Wey- gand has been impressed enough by recent changes gand, in German prospects to summon all his aides and counsellors in Africa for a review of the entire world the situation, according to information received in offi- secret inquests ocial quarters in Washington.
sums paid fo were any further services in connection with Ministry's
otherwise.
Reply was that the present staf numbered 3,808 men and 2.635
women,
was £2,198,000 per annum. Cost in salaries of the other 1801 of
This change in the French situation is attribut- Total cost of the salaried to the supine Vichy surrender of Indo-China to Japan without a fight and to the fact that Hitler's armies are tangled in the midst of Russia instead of being in London as Germans had generally been predicting for months.
The Ministry's members.
£ 528,500.
totalled!
No Secret Inquests "The Ministry does not conduct any seeret inquests" was the Min- ister's avid comment on the later
part of the question,
Regarding the cost, the Minister said it was more important to en- Sure that the work
being efficiently carried out than to re- duce the expenditure
was
At another stage the Minister: said that in the past three months 10ety-two prople had been engag
report 01 ed in the study and puble opinion at a cost of £4,400 a quarter.
the French defences at Sedan,
The Government of Vichy was the ex-
Britain has had two months of course predicated on pectation of a quick German vic- of respite in which to catch up on lost sloep, increase its air. tory. It based its policy on that
craft the beginning
reserves, bring supplies expectation from
itself it always defended
in from the Atlantic. and
The United States has gained Within France with the argument that the Allied cause was hope-two months which may prove to
have been
important the most lesb.
two months in current history. two At the beginning of the month period most of the new airplane and tank factories were with idle beginning
Allied Cause
Brighter
Bul
the Allied
looks
cause
to
brighter to-day than at any time machinery. To-day they are fill- the machinery is since the Germans broke throughed with men.
humming. and new. superior modes of planes and tanks are ro'ling.
Why
the
of
vf
an ample supply the appropriate nutritive elements,
Children need Extra nourishment of the right Kind
VERY
mother knows that
nutrional needs of children 'require A child's special care and thought. rapid growth, ceaseless activity of brain and body, and great expenditure energy, demand
You will be greatly helped in meet- ing these nutritional needs if you make 'OVALTINË' your child's regular daily beverage, This scientific concen- tration of Nature's finest foods pro- vides proteins to build firin flesh, car- bohydrates for energy. valcium for strong bones and teeth and other vital Furthermore, health-giving elements. 'OVALTINE' possesses special nutritive properties for restoring and building up the nervous system.
to
point of view From every 'OVALTINE' is ideally constituted supplement your child's summer dio- tary. It also have the advantage of being most economical in use and easy to prepare, If milk is not available water can be used, as 'OVALTINE' itself contains milk: (71 making with water only, use rather more than the usual quantity of 'OVALTINE"); Note also that ‘OVALTINE; Je naturally sweet and the addition of sugar 10
unnecessary.
OTHER EXCELLENT USES for 'OVALTINE' are suggested by the following extracts letters received:-
from
**My little girl Likes 'OVALTINE' spread on instead of her bread jam, and I find that a in these great help days,"
"I find that by adding one or fuls
two teaspoon-
of OVALTINE', oatmeal is made really delicious."
'OVALTINE' can also be eaten dry if desired, or made into a
Ovaltine
sandwich,
Builds up Strength and Vitality
Distributors: Jardine, Matheson & Co., Ltd.
SCM170
If Germany had attacked Bri- tain this summer the new Ameri- can arms plants would have been worthless. The issues would have been decided without them. But
no military issue in the future will be unaffected by the arms from American plants which have come into production dur- ing the past two months.
All of these considerations have had a powerful impact in France and on Frenchmen throughout the world. With the men of Vichy losing in prestige dally the freer Frenchmen of North Africa are reported to be deba'ing whether the time has with to cut the strands
come
Vichy.
There are two main obstacles. They know that if they do it will bring German armies into the unoccupied area of France. Also General Weygand himself Ands
It extremely difficult to face co- operation with General de Gaulle.
For these two
reasons
LOCAL SHARES
H.K, GOVT. LOANS
◊. Miskin, Eeq..
Hhaugtial
San Francisco
Buala Lumput Hugspore
Fourabaya
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Swatog
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BRANCHES-
MOT
Ipon
Bangkok
Jobors
Rangoon Halgun
Batavia
Kobo
Bombay
Bowloon
4% Loan 97 b.
Calcutta
31
3'z
Loan (1934) 962 b. Loan (1940) 9611⁄2 b.
BANKS Hong Kong Bank $1410 b.
INSURANCES
CaptoD
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Manila
•
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New York
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CURRENT
Local
ACCOUNTS
FIXED and Currency SITS received for One Year or shorter periods in Local and Other Currencies
will be quoted on terms which application.
opened
D
DEPO
Canton Ins. $225 b. Union Ius. $420 b. H.K. Fire Ins. $185 b.
SHIPPING
H.K. Steamboats $82 b. DOCKS, WHARVES, GODOWNS. ETC.
Providents $6.10 b.
LANDS, HOTEL & BLDGS.
Axiphong
SAFE DEPOSIT BOXES of varions
H.K. and S. Hotels $3.45 .. sizes To Let.
$3.60 5.
Chinese Estates $101 b.
PUBLIC UTILITIES H.K. Trainways $17.15 s. Yaumati Ferries $224 b. China Lights (Old) $5.95 b. China Lights (New) $1.30 b. H.K. Electrics (Old) $21.80 b. H.K, Electrics Rights $11.15 s. Telephones (0d) $23 b., $231
S
Telephones (New) $81 b.
INDUSTRIALS
Cements $15 s. H.K. Ropes S9 sa.
STORES. &c. Dairy Form $1834 b. Watsons $114 n.
MISCELLANEOUS Entertainments $81⁄2 b.
LAST DAY'S SALES 100 Trams $17.05 800 Ropes @ $9
WIN AND
DEFEAT FOR NAVY "B"
TRUSTEE and EXECUTOR busines undertaken.
Hong Kong. 28th 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
THE
KONG AND HONG FOR SHANGHAI BANKING CORPORATION.
V. M. GRAYBURN,
Chief Manager Hong Kong, 1st March, 1937.
THE CHARTERED BANK OF INDIA, AUSTRALIA AND CHINA.
Incorporated by Royal Charter, 185
Paid-up Capital Reserve Fund
1
£3.000.000 £3,000,000
Reserve Liability of Pro-
£3,000,000
prietors
HEAD OFFICE, LONDON, 88, Bishopsgate, E.C.2. 117/122, Leadenhall Street, E.CA...
West End Branch:
14/16, Cockspur Strect, S.W.1. Manchester Branch:
52. Mosley Street, Manchester,
AGENCIES AND BRANCHESI
In the European Y.M.C.A. In- no one vitation Water-Polo Tournament, Alor Star
in Washington seriously expects Royal Navy "B" beat Middlesex Amritsar General Weygand to take the "B" 2-1 on Sunday. Initiative at this moment in de- nouncing the German armistice and resuming the war. But every German tank and German
Penang
Rangoon
Balgosa Beremban Hbanghai
Hanker Hong Kong
Bangkok
Iloilo
Bateria
Toob
Karachi
Klang
Singapore
Hobe
Bitinwas
Kuala Lumpur Surabaya
Taiping
Madras
Ticaiala
Manila
Tangkah
Medan
(Bhuket)
You York
Peipin
Mingtao Yokohama
(Peking)
Cawupore
Cobu
pro- Colombo
Last night European Y.M.C.A.Bombay
Agencies: beat Royal Navy "B" 4-2. N. D. Calcutta
Clive Broos Booker (2) A. F. May and L. A.
Fairlie Plase Kuching every Benn scored for "Y" and Licut,
Canton airplane lost in H. G. Thompson (2) for Navy.
TO-DAY'S GAMES Russia makes the Weygand
Following is to-day's forces in North Africa just that much more potentially powerful.gramme of matches in the Euro-Delhi
THE TIME MAY COME, IN pean Y.M.C.A. Invitation Water-ipho FACT MAY HAVE ALREADY Polo Tournament. COME, WHEN A JOINT TACK ON LIBYA FROM THE "Y" BRITISH IN EGYPT AND THE 36th R A. FRENCH IN TUNIS AND AL- (7.00 p.m.) GIERS
CRUSH MIGHT
THE 8th RA, GERMAN
(7.30 p.m.} Signals
(8.00 p.m.)
ITALIAN
AND FORCES BETWEEN
AT-
Washington Watches
Closely
AT ARMY POOL
(6.30 p.m.)
V
V 5th A.A.. R.A.
Royal Navy "B"
Middlesex "B"
V
V 065th R.A.
Civil Service
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 wi [be quoted on application.
SAVINGS ACCOUNTS also opened m Local Currency and Sterling with in- terest allowed at rates obtainable application.
The Bank's Head Office in London Cricket undertakes Executor and Trustee busi N. L. Smith. Club cricketer, is likely to be playingness, and claims recovery of Britain any of the soccer more often for Hong Kong Foot Income Tax overpaid, on terms which
may be ascertained at ball Club this scason.
Agencies and Branches,
W. H. EVANS THOMAS,
*
M
If General Weygand is ever to take his chance this may be the right time for it. At least there is enough
Bobby Jones's team, in a challenge weight behind this thought among Frenchmen to match, has beaten the United States have caused a complete reassess-1830 Ryder Cup team by 81⁄2 points, to 616. The foursomes played on Satur ment of the whole situation in day and Sunday resulted in a 3-3 lead North Africa. General Weygand for the Ryder Cup team. Ten singles called in all his economic, politi- were played yesterday.-Reuter, cal and military subordinates for
a general conference.
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
Washington watches with in- tense -interest. If General Wey- gand should decided to make the experiment and take his great gamble he can be assured at once. Na complexion worries when
PROTECT YOUR SKIN LONDON
is
Current Accounts and Savings
of supplies of oil and gasoline for the skin protected during description of banking “business his motor units. Dozens of tank-windy, wet weather with She-Ko, transacted, ers could be diverted at once to This fragrant, soothing, cooling Casablanca and Dakar. He could ointment gently applied affords Accounts opened: Fixed Deposits received at rates which will be also be sure that airplanes and complete protection from chapped tanks now labelled for Brithin lips and hands, cold sores, chil-quoted on application, would be shipped at once, to those blains and rough skin. It is same ports. He has not asked how equally protective against sunburn. much would be given him, and no Also for skin complaints and one has tried to make him any minor injuries such as cuts, abra-
burns, promises. There is no need of sions,
bruises. Fromi that. He knows approximately chemists everywhere you: what could be expected. It la: his obtain decision.
While he is trying to make up his mind Washington holds back on extending the bencat of "lend- lease" materials to the forces of
SHE-KO
can
General de Gaulle. There is heavy the ideal skin ointment.
pressure for this step, but it could have an extremely adverse effect
Safe Deposit Boxes for hire PHILIP GOOKCHIN,
Chief Manager,
The China Mail
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