1937-10-19 — Page 17

THE CHINA MAIL, OCTOBER 19, 1937.

BUSINESS AS USUAL CHINA'S NEED

Canton, To-day.

Mr. E. H. Lockwood, secretary of the YMCA. who is serving as hon- orary secretary of the Justice for China Association, stressed in an interview yesterday that the "busi- ness as usual" attitude is absolutely essential as a means to resist Japan, for nothing can be gained by fear of further air raids.

"Japanese aerial attacks," said Mr. Lockwood, “aim at not only de- struction but injection of fear in the minds of the people, so that busi ness may be at a standstill-Loss in trade is one of Japan's main ob jectives."

LOCAL SHARE

MARKET

BANKS

Hong Kong Bank $1555

SHIPPING:

H K Steamboats 39 s Indo-Chinas (Pref:) $51 b Indo-Chinas (De£3 $43 h. DOCKS, WHARVES, GODOWNS, ETC

H K and K. Wharves $110 b., $112

Providents (New) 30 ets. s.

LANDS, HOTELS & BLDGS. HK Lands $29 b

~PUBLIC UTILITIES Peak Trams (Old) $6 b. Peak Trams (New) $3 b. China Lights (Old) $10.80

STORES, &C. Dairy Farms $24.40 b. Wm Powell, Ltd. 40 cts. b.

"MISCELLANEOUS Vibro Piling $4.55 b.

WORLD TRADE WITH WAR ON

London, To-day..

Golombo

bong bang Hankow

Hoen Long

BANKS

and

CHINA

BANKS

ONG AND

0,000 LOGO

£3,000,000

ket)

Foreign Exchange, and

Banking busimalka

Depo

Current

which will be "qua

The Bank's

sad. Office i

recovery of British. Tato terms which may be ascertained at su

•Agencies:: sud· Brancizes.

RW. ROBERTS,

Manager

Mr. Lockwood said that lawyers, doctors, students and teachers should get together to discuss means to

A Geneva message states that the meet the crisis. Officials should sum- mon business leaders to impress the effect Far Eastern crisis has them that a "back to normal" at had on world trade is revealed by titude will help to defeat the enemy the monthly statistics of the and fear brings the opposite re League's economic intelligence ser- world vice The gold value of sult

"It is more important to win the trade in August was three per cent. war than to save our lives," declar-less than the figure for July Not THE BANK OF EAST ASIA, LTD. ed Mr. Lockwood. International only did world imports decline con- News:

2

Hong Kong, 1st January, 1935

siderably but exports were much Authorised Capital less-British Wireless

NEW YORK

DUKE OF KENT AT MOTOR SHOW

OF KENT SHARE SLUMP

London, To-day

A severe slump hit the New York Stock Market yesterday, prices closing at near the lowest for the 14 day: Stocks broke from 2 to points, and the Dow Jones average for industrials shows a fall of 10:50

The Duke of Kent, who yesterday paid a visit to the Motor Show at points. the new Earls Court, was most in-

"The forces of fear and of forced

ulative effect,

terested in high-power.models speci-selling had a ally constructed for export to Bri- according to one commentator. tish countries.

The Duke met the Controller of LOCAL DOLLAR the Department of Overseas Trade The demand rate

Paid-up Capital Reserve and Undivided

Profts

$10,000,000.00 5,598,600.00

776,726.76

HEAD OFFICE HONG KONG.

10 Day Foren Boad, Centen

BOARD OF DIRECTORS:—

Hon Sir Shou-son Chow, Chairman; Li Koor

WODE Chaz, Esq+ P. E. Krok, Esq

Tong, Ess Chan Ching Sher Esq., 12 Lan Sang. Eng. Frong Chu Son, Eng Kan Ying-Pa Esq., and Fung Ping: Wah, Eq

Kobe

Hong

London

Every business

“Spot silver was quoted at

20

who told him that a record business Kong dollar this morning was had been done in British cars, and 11/27%

that manufacturers were consolidat- ing expansion in exports-Renter. and "forward" at 1978-

WEAKNESS DEVELOPS IN RUBBER MARKET

•New York, To-day.

The weakness of the rubber mar- ket is attributed to selling both here and in London against liberal Far of which Eastern offerings, some

were ordered to be executed at the best price.

The opinion is held locally, that the Far East is pressing rubber with a view to testing the attitude of consumers on the theory that if no support is forthcoming it will tend to force prompt revision of the quota Reuter

Owing to the protracted hos- tilities in the immediate reigh- bourhood of Shanghai, the arrest of enterprise and dislocation business generally, the publicatio of the old established “Shippi and Engineering Weekly has suspended during October.

Arrangements have been made. for issues to be printed first week in Novembe

The London on New York cross- rate was quoted at £U.S.$4.9578 and the New York on London rate:

at

US$4.953-

FOR SKIN TROUBLES.

For the curative treatmen

་་་

forms of skin trouble, pimples ish, eczem dry and running sores, to: tisept

SHE-KO

Kun Hung Po sq., Chief Managez-

Manager. AGENCER

Banking and Losss granted on Curren Accounts opened in Local -and-Fire Deposits, recaired for one

shorter periods in Local and Foreign Curr on team which will be quoted on applica

Safe Deposit Bates To

KAN TUNG PO, 1

THE WING ON BANK, LTD.

Head Office: Hong Kong.

Des Voeux Road. Centrals. Authorised Capital $10,000,000

500.000

serve Liability of Proprie

$20,000,000

HEAD OFFICE: HONG KONG. BOARD OF DIRECTORS.

G. Miskin, Esq.,

Hon Mr. M

Deputy Chart

IK. Boufeld, Esq., A. H. Compton, Esq.

J. R. Mason, Esq.

Sir Vandeleur M. Graybur

Chief: Manager.

BRANCHES

LONDON LIONS 31A

LOCA

5. H. Dodwell, Baqu

JOCHOW HAMBURG HANKOW HARSIN HONGTEM

TORGNG

TLOEND

JOHORE KORE KOWLOON

KUALA LUMPUR

ALL.Shinh

PATAN

YOKOHAMA

Current Accounts opened in Local Currency and Fixed Deposite resised for one year or shorter periods in Local Currency and Stering on terms which will be quoted on appl

OSTL: BOXESTM

ALSO up to date SAFE, caziour sizer TO TET

Hong Kong 1st

1987

-HONG KONG SAVINGS BANK

The Business of the bore Bank is conductes by the HONG KONG AND SHANGHAI BANE ING CORPORATION. - Pales may be obtained. on application..

FOR THE HONG KONG AND SHANGHAI BANKING CORPORATION.

V. M. GRAYBUEN,

Chief Maran

Hong Kong, 1st March, 1937:

THE YOKOHAMA SPEELE BANK

IMITED

Established 1880

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

"Head Office: YOKOHAMA

Branches and Agencies

Bangkok

Batavia Berlin

Bombay

Calcutte

Canton

Dairen (Dainy)

Мой

Nagasaki

Nagoya

New York Osaka

Otar

Paris

Perging

Fengtien (Mukden) Rangoon

Famburg

meiro

San Francisco

Seattle

Semarang

Shanghai

Hankow

Harbin

Hong Kong

LONDON BANKERS: Westminster Bank, Ltd Foreign Exchange and every

Fionolulu

Hsinking

des-

Karachis Kobe

Som

comats

af banking business transacted Current Accounts and Savings AcLondon

Fixed Deposits T-MANT

ceived at rates which will be quoted on Los Angeles application.

& Exxecutorship under- Interest allowed

afe Deposit Boxes for hire.

PHILIP GOCKCHIN

Chief Manager

COASTWISE

ENNETT.

An interesting book

The

PRICE $100-

counts.

Deposit Fat rates

NO.

1937

SHANGHA

SAVINGS

SERCIAL &

MITED

se, Ltd. Iding

Phone $1115.