1937-06-07 — Page 17

THE CHINA MAIL, JUNE 7, 1987.

ནམ* ་ ";

UNIVERSALE 40-HOUR WEEK?

JAPANESE. INVESTMENTS IN CHINA

Japan's investments made in China Geneva, To-day.

during 1936 care estimated to have A resolution recommending that totalled about £1,000,000, according to other countries; follow the example set » report, received by the Tokyo - Com- by France in introducing the 40-hour merce and Industry Ministry. week with the least possible delay, was Investments in the cotton-spinning passed by the International Labour industry, estimated, to tatal about Conference here on Saturday.

£400,000,- accounted for nearly half. In the debate on the resolution, the In, the metal industry investments are French delegate expressed himself in said to have totalled £73,500,-. Eight favour of general introduction of the Japanese companies invested £30,000 40-hour week, which, he pointed out, in the dyestuff: manufacturing in- had been introduced by law in several dustry in China last year... branches of French industry and trade. In other industrial enterprises in- The Soviet delegate, tabled a motion vestments were generally small; they demanding that the rules of procedure amounted to £40,000. In addition to of the Conference be altered in such these. industrial: investments, the manner that no time be lost in drafting Mitsubishi. Bank invested....... £50,000 in an international

agreement

in-real estate, the Whangpoo -Wharf Co. troduction of the 40-hour week.

£15,000 in the same, and several The motion was passed by 56 votes others also invested in land and to 37, with the majority of Government buildings. delegates abstaining.

Japan also invested £100,000 · in Nations supporting the proposal in- China for cultural promotion, Other cluded China, Brazil, Denmark, Spain, investments combined are said to have France, Mexico, Norway and New amounted to about £300,000. Zealand.--Trans-Ocean.

on

JAPANESE BANKS' DEPOSITS UP

Y.1,113,000,000 Increase In April

The aggregate deposits with all the banking institutions throughout Japan at the close of April reached Y.8,990,- 621,000, recording a drastic increase of Y.1,118,000,000 or more over the year before, it was made public by the Tokyo. Clearing House,

SWEDISH STATE BUDGET SURPLUS

The final accounts for the Swedish State budget for the present fiscal year, ending June 30, will, it is anti- cipated, show an income surplus of

BANKS

THE CHARTERED BANK OF INDIA AUSTRALIA & CHINA

Incorporated by Boyal Charter, 1858. HEAD OFFICE: LONDON

Paid-up Capital .. Reserve Fund.

BANKS

HONG KONG AND SHANGHAI

BANKING CORPORATION

Authorised" Capital

Issued and Fully-Paid-up,, 20,000,000 Reserve Funds:****

Reserve Liability of Pro-

HEAD OFFICE: HONG KONG..

*$50,000,000

Sterling

£6,500,000

£3,000,000 £3,000,000

· Hong Kong Currency

Reserve

$10,000,000

Reserve Liability of Pro, ****

prietors

£3,000,000

prietors

.$20,000,000

Agencies and Branches:

Alor Star Amritsar

Dollo“

Ipoh

Rangoon Saigon

Karachi

Klang

ban

Babe

Shanghai

Kuala Lumpur

Singapore

Kuching

Bitiawan

Madras

Bourabaya

Manila

Medan

New York

Peiping

(Peking)

Penang

* Bangkok Batavia

Canton Сампрока Cobu Colombe Dalhi Haiphong Hamburg Hankow

Harbin

Hoan Hoạt

ontain Tong)..

Tsingiso Yokohama Zamboangu

Foreign Exchange and General Banking business transacted.

BOARD OF DIRECTORS,

G. Miskin, Esq.,

Chairman.

Hon. Mr. M. T. Johnson,

Deputy Chairman,

J. K. Bousfield, Esq... A. H. Compton, Esq., 8. H. Dodwell, Esq. J. B. Mason, Eag..

K. S. Morrison, Esq., Hon. Mr. J. J. Paterson, T. E. Pearce, Esq.,

A. L. Shields, Ka-,

Sir Vandeleur M. Graybaru, Chist Manager.

AMOY

BANGKOK BATAVIA BOMBAY

CALCUTTA

CANTON

оп

Current Accounts opened and Fixed Deposits received for one year or shorter periods at rates which will be quoted on application. **The Bank's Head Office in Londen undertakes

Trustee Executor and

business, and claims recovery of British Income Tax overpaid, terms which may be ascertained at any of its Agencies and Branches.

R. W. ROBERTS,

Manager. Hong Kong, 1st January, 1935.

about 43 million kronor (£2,365,000 THE BANK OF EAST ASIA, LTD. at par), which amount will be trans- ferred to the State Cash Fund.

Authorised Capital Paid-up Capital

$10,000,000.00:

5,598,600,00

HEAD OFFICE:-HONG KONG, 10, Des Vœux Road, Central,

BOARD OF DIRECTORS:-

The surplus is due to unexpectedly high income under certain headings. Reserve and Undivided Thus, the State Railways yielded 13.48

Profits

.$ 2,776,726.78 million kr. more than calculated in the preliminary budget, the income Out of the total, current deposits and property tax eleven million, cus- Constituted Y.1,266,000,000, showing a toms revenns eight million, liquor gain of Y.345,000,000, special current one beer tax 5.68 million, tobacco Y.1,653,000,000 of Y.244,000,000 corres-3.70 and the Public Domains Depart-Ho. Sir Shou-son Chow, Chairman; Li Koan pondence Y,869,000,000, of Y.243,000,- ment 5.37 million kr. above 000, time. Y4,808,000,000 of Y,73,000,- | estimate. 000 and other Y.592,000,000, of Y.105,- 000,000.

30

Furthermore, loans totalled Y.6,449,- 090,000, which Y.980,000,000 or higher than a year ago. Of the aggre gate, billa discounted were Y.1,378,000,- 000, representing, an increase of Y.293,- 000,000, loans on bills Y.3,443,000,000, of Y 455,000,000, loans on notes Y.952,- 000,000; of: Y,36,000,000 and overdrafts Y.675,000,000, of Y.105,000,000.

However, security holdings made a drop of Y.20,000,000 to Y4,963,000,- 009. Call loans swelled by Y.4,000,000 to Y,384,000,000 and cash on hand by Y.188,000,000 to Y.714,000,000.

The new Imperial. Airways daily. service from London vis Brussels, Frankfort Prague and Vienna to Buda- pest, has been opened.

THE WING ON BANK. LTD.

tax

Yub

the Chun, Esq. P. K. Kwok, E. Wang Lu

Chan Ching Shak, Esq.. Li Tong, 189". Wong Chu Son, Eaq. and Kan Ying · Sang, Esq. Fo, Esq., Fung Fing Wah," Esq.

· Head Office: Hong Kong. 26, Des Voeux Road, Central, Authorised Capital $10,000,000.

LONDON BANKERS- Westminster Bank, Ltd. Foreign Exchange and every des- cription of banking business transact-

ed.

Current Accounts and Savings Ac- counts opened. Mixed Deposits re- celyed at rates which will be quoted on application.

Trusteeship & Executorship under- taken. Safe Deposit Boxes for hire.

PHILIP GOCKCHIN, Chief Managèr.

Amoy

Kan Tung Fo, Esq., Chief Manager. Li Tas Fong, Esq., Manager..

BRANCHES AND AGENCIES :---

Batavia Bombay Calcutta Canton Haiphong Hankow Honohalis Kobe

Kowlooe London:

Nagasaki

Manila Alelbourne

New York

Osaka

Seattle Semarang Shangbai Eingspars Bourabaya

Paris

Tientalo Tekyo

Pelping Fenang

Rangoon

Saizon

San Francisco

Vancouver Yokohama

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

Curient Accounts opened in Local Currency and fixed Deposita received" for one year- shorter periods in Local and Forsign: Currencies on terms which will be quoted on application.

Safe Deposit Boxes To Let.

KAN TUNG PO, ....

Chief Manager.

THE TAIKOO DOCKYARD & ENGINEERING COMPANY

OF HONG KONG, LIMITED

BUILDERS OF ALL CLASSES OF SHIPS.

BUILDERS OF RECIPROCATING STEAM ENGINES.

BUILDERS OF MARINE AND LAND BOILERS.

BUILDERS OF TURBINE MACHINERY,

Under License From Messrs. Parsons.

BUILDERS OF DIESEL ENGINES.

Under Special License From Messrs. Sulzer Bros.

Licensed To Manufacture Lanz Perlit Iron, Specially Suitable

For Internal Combustion Engine Working Parts.

DOCK & SLIPWAYS

FOR DOCKING VERY LARGE, AS WELL AS SMALLER VESSELS, ON ANY TIDE

ALI, CLASSES OF SHIP ENGINE AND BOILER REPAIRS AND EXTENSIVE WELDING, BOTH ELECTRICAL AND OXY ACETYLENE, SKILFULLY AND

PROMPTLY CARRIED OUT.......

CHEFOO .COLOMBO FUOCHOW HAIPHONG HAMBURG HANKOW.

HARBIN

HONGLEW ILOILO

POH

JOHORE

KOBE

KOWLOON

BRANCHES :—'

KUALA LUMPUR

LONDON

LYONS:

MALACCA MANILA MUAR

MUKDEN

{Johore)

NEW YORK

PRIPING

NOOD

BAIGON

'SHANGHAI. SINGAPORE SOURABAYA SUNGEI PATANĮ TIENTSIN

SAN FRANCISCO

TOKYO TSINGTAO

YOKOHAMA

Current Accounts opened in Local Currency and Fixed Deposits. received" for, one year or shorter periods in Local Currency: and: Sterling on terms

which will be quoted on application.

→ ALSO up to date. SAFE" DEPOSIT BOXES in“

various sizes TO LET.

Hong Kong, lat March, 1987.

HONG KONG SAVINGS BANK

The Business of the above Bank is conducted by the HONG KONG AND SHANGHAI BANK- ING CORFORATION. Bules may be obtained ou application.

FOR THE HONG KONG AND. SHANGHAI BANKING CORPORATION,, ~~

V. M. GRAYBURN,,·

Chief, Manager. Hong Kong, ;Ist --March, 1987.

THE YOKOHAMA SPECIE BANK

LIMITED

Established. 1880-

Capital (fully paid-up) Yen.100,000,000

Reserve Fund

Yen:132,650,000

Head Office: YOKCHAMA

Branches and Agencies at

OT

Alexandria

Bangkok

Batavia

Berlin

Bombay

Calcutta

Canton

Dairen (Dainy)

Fengtien (Mukden)

Hamburg.

Hankow

Karbin

Hong Kong Honolulu Hsinking Karachi 'Kobe

London

Manila

Moji

Nagasaki

Nagoya

New York Osaka

Otaru

Paris Peiping Rangoon

Rio de Jencire San Francisco. Seattle. Semarang. Shangha Singapore Sourabaya Sydney Tientsin Tokyo Tsingtau

Yingkow

Los Angeles

Interest allowed for Current As- counts.

Deposits received for fixed periods at râtes to be obtained on applica- tions.

Hong Kong, 10th March, 1987,

Y. KANO,

Best Manager.

SHANGHAI COMMERCIAL. &

SAVINGS BANK LIMITED

(Incorporated in China)

Capital paid up Reserves

Capital Savings Dept.

,000,000.

00,000.

$500,000.

Reserve Sayings Dept. 5600,000.

3.

Tel Address

•

Taikoodock," Hong Kong,

Telephone No. 30211.

Call:Flag:

Numeral One,” over “Pennant Anns,”

Head Office Shanghai

the

A Bank having as ita, mission

industrial" deve

ion

BUTTERFIELD & SWIRE, Agents

Chin

and, the fost

her

Commercial relations, abroad.

Hong Kong Office

Queen'TM B.

Phone 31