1937-12-17 — Page 25

THE CHINA MAIL, DECEM

COAL-TO-PETROL PLANT FOR SOUTH WALES

London, To-day.

BANKS

THE WING ON BANK

Herd Ol

BANKS

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA

porated by Bagal Charter, 1868 HEAD OFFICE. LONDON 38, Bishopsgate, C-2 Paid-up Capital Reserve Fund

26 Des Voeux Ri Authorised Capital $10,000,000

LONDON BANKERS. Westminster Bank Iti eign Exchange and every “des- The foundation stone was yescription of banking business transacted. terday laid of the new works at Current Accounts and Savings Ab

counts opened Fired Deposits Wern Tarw Colliery in the Vale ofceived at rates which will be quoted on Reserve Liability of Proprie Glamorgan of the first oil-from-application: coal plant to be set up in special Trusteeship & Executo

taken. Safe Deposit Boxes for

PHILIP COCKCH

Chief

areas.

The Government and the Nuffield Trust have provided half the re- quired capital of £650,000 for works which by low temperature carbonisation will turn between 500 and 750 tons of coala day into smokeless fuel, petroleum, oil, tar, acids, and other by-products.

Wern Tarw, where a four seams area is being worked, is being electrified and connected with the neighbouring Raglan Colliery

after

科

GOVERNMENT'S

PERSIAN OIL DIVIDENDS

London, To-day.

Sif John Simon stated in the Com-

which is to be re-opened lying idle for four years. The mons that the total amount of in- two collieries and the new works terest and dividend received by the will give employment when com-Government on its holdings of pleted to several thousand men shares and debentures in the Anglo- some of whom have been unem-Persian Oil Company since 1914 ployed for many years. British was £15,989,354 No expenditure Wireless.

LONDON AND FOREIGN LOANS

London, To-day

The Chancellor of the Exchequer, replying to a Commons question, said he did not think the time had come for foreign Governments to be allowed to borrow freely in Lon- don..

Such proposals would continue to receive his careful attention in the light of the recommendations of the Foreign Transactions Advisory Com- mittee.

had been incurred in looking after this investment. British Wireless.

LOCAL SHARE MARKET

Following is the list of changes and enquiries in local share quotations this morning:—

BANKS

Hong Kong (Lon. Reg-) £91 b. Mercantile Bk. A and B £323. b. Mercantile Bk. A and C $15 b.-

SHIPPING

Douglases $481 b.

H. K. Steamboats $8.10 b. Shells. (Bearer) s/- 97/6. b.

PUBLIC UTILITIES

China Lights (Old) C.. R. $11 b., $11

China Lights (New) C. E. $10.80 b. Macao Electrics $19 b., $194 s. Sandakan Lights $14% b.

INDUSTRIALS Cements $127 s.

MISCELLANEOUS China Lights Rights $5 b., $5 sa.

re-

Sir John Simon added that he was satisfied that there was no ob- jection in the national interest to consent being given to the Belgian The forthcoming wedding of Mr. Loan. It was a financial operation Samuel Bercovitch, engineer, not involving the purchase of goods siding at No. 66 (first floor), Na- here or elsewhere, but he under-tman Road, and Miss Ida Brasilevsky, stood that 20 per cent. of the pro- of No. 22, Hankow Road, has been ceeds of the loan might be spent in announced to take place in the Co this country-British Wireless.

lony shortly.

tors

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION

Authorised Capits Issued and Fully- Beserve Funds:

- $50,008,000

20,000,000

Sterling

6,500,000

Hong Kong Currency

Reserve

$10,000,000

$20,000,000

£3,000,000 £3,000,000 Beserve Liability of Proprie

toms

£3,000,000

Manchester Branch, 71, Mosley Street, Mancheste

Agencies and Branch

Alor Star

Bangkok

Bombay

Calcutta Canton Campore Cebu:

Colabo

Haiphong Hamburg Hankow Barbin Hong Long

Holin Ipoh

Bangor

Kuching

SUSA WED

New York Piping

Tongish

(Boukat)

(Paking)

Taingiao

Penang

Zamboanga.

Foreign Fechanga, and. General Banking business

Current Accounts opened and Fized Deposita montred for one year de aborder periods, at raves which will be quoted on application.

The Bank's Band Ones in London, undertakes Executor and Trustee butinate, sod claims zoovary of British Ineous Tax overpaid, terms which may be ascertained, at any of its Agencies and Beazeln

R. W. ROBERTS

Q

Manager. Hong Kong, 1st January, 1935....

THE BANK OF EAST ASIA, LTD.

Authorised Capital Paid-up Capital- Reserve and Undivided

Profits

$10,000,000.00

$ 5,598,600.00

$ 2,776,726.76

HEAD OFFÍCE-HONG KON 10, Des Van Boad," Canten).

BOARD OF DIRECTORS:

Hon. Sir Shon-son Chow, Chairman; Li Foo Chun, Esq., P. I. Iwok. Eg Wong Yum Tong, Esq. Chan Ching-Sbak, Baq., Li Lan Sang. Esq., Wongs Chu San, Faq. and Kan Ying

6. Eeg, Fang Fing Wah, Esq.

Anoy Bateria Botabay Calcutta

Kam Tung Po, Eng., Chief Manugur. Li Tas Fong. Esq., Manager. BRANCHES AND AGENCIES; —–—

Current AmoCKERÉK

and Fixed Deposite” inostu

Seattle

Shanghai Singapors

- aborter periods"in Loenź and Po

on terms which will be quoted on

Safe "Deprait Boras; Të Dek.

KAN TUNG PO

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

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

PROMPTLY CARRIED OUT

Tel Address - Taikoodock," Hong Kong.

Telephone No. 30211.

Call Flag: "Numeral One,” over Pennant

Exchange

BUTTERFIELD & SWIRE, Agents

HEAD OFFICE. HONG KONG.

BOARD OF DIRECTORS..

G. Miskin, Esq.

Chan

Hon. Mr. M. T. Johnson, Deputy Chairman..

Bounfald, Esq.,

AH.. Compton, Esq., S. H. Dodwall, Eng J. B. Masson, Esq.

AMOY

KS. Morrison, Eaq... Hon. Mr. J. I. Exterson,

2.E. Pearce, Bagu

A. L. Shinitis aqu

Vandeleur M. Graybum,

Chief Mansget.

BANGKOK BATAVIA BOMBAY CALCUTTA CANTON COLOREBO

DAR

OW

HAIPHONG

FAMBURG

HANKOW HARRIN HONGE RW ILOILO IPOR.

JOHORE

KOBE

"KOWLOON

BRANCHES ----

EUALA LUMPUR-

LONDON LYONS MALACCA- MANICA YEAR (Johors? MUNDEN

NEW YORK PRIFING

PENANG

SAIGON

SAN FRANCISCO SELANGILAT SINGAPORE SOURABAYA SUNGHI PAZAND TIENTSIK

TOKYO

TSINGTAO ZOKOHAMA

Current Accounts opened in Local Currency and Fixed Deposits mosivad for one year e aborter.. periods in Local Cmmancy and Sterling, an terma which will be quoted on application.

ALSO up to date SAFE, DEPOSIT BOXES in Tazing gäng TO. LEL.

Hong Kong, 1st March, 1587.

HONG KONG SAVINGS BANK

The Business of the above Bank is conducted by the HONG KONG AND SHANGHAI BANK- ING CORPORATION. Bales- may be obtained. ocy application.

FOR THE HONG KONG AND SHANGHAI BANKING CORFORATION.

7. M. GRAYBURN,

Chiat Mansge

Hong Kong, Ixt- March, 1987.

THE YOKOHAMA SPECIE BANK

LIMITED

Established 1880

Capital (fully paid-up) Yen 100,000,008′′

Reserve Fund

Yen 184,400 000

Head Office: YOKOHAMA

Branches and Agencies at

Alexandria

Bangkok

Batavia

Berlin Bombay Calcutta Canton

Dairen (Dainy)

Mon Nagasaki

Nagoya

New York

Osaka

Otard

Paris

Peiging

Rio de Janeiro

Fengtien (Mukden) Rangoon

Hamburg

Hankow

Harbin

Hong Kong Honolulu. Esinking Karachi

Kobe

London

Manila

Los Angeles

San Francisco

Seattle

Semarang Shangha

Singapore

Sourabaya

Sydney

Tientsin

Tokyo

Tsingtau

Yingkow

Interest allowed for Current

counts.

Deposits received for fixed perio

at rates to be obtained on applicati

Y. KANO,

Hong Kong, 11th September, 1937

THE

SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED (Incorporated in China)

Capital paid up ............. $5,000,000. Reserves

$10,000,000. Capital Savings Dept. $500,000 Reserve Savings Dep£ $600,000. Head-Office-Shanghai

“A Bank having as its missión the industrial; development

China and the fostering

ercial relations abroad.

Queen's Rond, Central.

Phone 31116,