1938-04-26 — Page 17

HE CHINA MAIL, APRIL 26. 1988.

ORGANISED PLANS BY JAPANESE TO CONTROL SHANGHAI INDUSTRY

BANKS

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA

Incorporated by Buys! Charter, : 1858. HEAD OFFICE: LONDON 38. Bishopsgate, E. C. 2 Paid-up Capital Reserve Fund Reserve Liability of Proprie

Manchester Branch, 71, Mosley Street, Manchester. Agencies and Branches:

tors

Alor Star Amritsar

Dailo Ipok

HONG KONG AND SHANGHAI BANKING CORPORATION

Authorised Capital :

$$50,000,000

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

Sterling

serve

$3,000,000 Hong Kong Currency Re $3,000,000

Reserve Liability of Proprie

tors 3,000,000

"Bangoon

Saigon

Samam

Saramban Shanghai Singapore Sibsa Surabaya

Bangkok

Bateria

Karachi Flang

Bombay Calcctia

Hobe

Kuala Lumpur

Enching

Сендроге

Madras

Caba

Colombo Delhi

Medan

New York

Tongkak

Prining

(Peking)

(Bhakst) Tsingtao

Fanang

* Tokobama

Zamboanga

Organised plans by newly-form- Chinese industrialists and proper ed Japanese firms to gain control ty owners out of the eastern area of local industry were discerned and other occupied zones. Valuable by Chinese manufacturers in machinery was suffering immense Shanghai, when it was reaveled and costly damage through lack of that a leading cotton-mill owner attention and buildings were also had been approached by a syndi- losing value through neglect. If cate with offers of a "co-operative" the present conditions were impos- scheme to resume operations in aed for much longer, he declared, Wayside plant which has been idle his mills would be beyond repair Cation

and it would be impossible to since the outbreak of hostilities.

Operation of mills or any other operate them

The mills, which had been oc- factories by Chinese companies in the closed eastern areas would not cupied by both Chinese and Japan- at various times, are be permitted, the Chinese mill-ese forces owner was informed by the repre-now unoccupied and have been for sentative of the Syndicate, but, it some time, he said. They are in was pointed out, Japanese firms rea state of great disrepair. gistered with the Japanese Consul→ Generai were permitted to operate. Protection for the mill and care of its valuable machinery were pro- mised by the syndicate while the dustrialists present conditions existed, and it daily in the vemacular was declared that when circum-According

stances

SILK FIRMS BUSY

Other activities of Japanese in- are being reported press.

Hamburg

Hankow Harbin Hong Kook

Tarpin

Foreign Exchange and General: Banking business transacted.

Current Account opened and Fixed Deposits received for one year or shorter periods, si, rates which will be quoted an application

The Buck's Hand, Ohios in London undertakes Executor and Trustee business, and daima racovery of British Income Tax overpaid. terms which may be woertained at any of ite Agencies and Branches.

R. W. ROBERTS.

Manager.

Hong Kong. 1st January, 1935.

and Reserve

. Profits

Undivided

$10,000,000.00

6,500,000

$10,000,000

$20.000.000

HEAD OFFICE: HONG KONG. BOARD OF DIRECTORS. TE. Pearce, Esq..

Chairman

Hon. Mr. J. J. Paterson,

Deputy Chairman.

J. E. Boudiaid, Esy...

AH. Compton. Esq. Hos. Mr. S. H. Dodwell, Hon. Mr.M. T. Johrison;

$ 5,598,600.00

2,776,726.76 =

to the "Ta Mei Wan permitted, the Japanese Pao," representatives of Japanese firm would be willing to enter into silk filatures, who arrived in THE BANK OF EAST ASIA, ́LTD. a new agreement with the owners. Shanghai recently from Japan,

Although it is now some time are investigating silk producing Authorised Capital since the Japanese authorities in conditions, including the planta- Paid-up Capital vited Chinese residents, and pre-tion of mulberry trees, in Kiangsu sumably, manufacturers, to return and Chekiang provinces. It is re- to their businesses in the "pacified" ported findings of these representa- areas, and issued instructions that tives will be used for the drafting passes could be obtained for this of a plan to control the Chinese silk purpose through a body known as industry. the Shanghai Citizens' Association, a canvas

of numerous concerns which had made applications for entry showed that no permits had yet been issued for a resumption of work in factories in occupied

areas.

HEAD OFFICE-HONG KON 10. Den Var Road, Central

BOARD OF DIRECTORS:-

Kan. Tung Pa Esq., Chief Hangat. Li Tse Fong, Esq., Managu BRANCHES AND AGENCIES:-

Mania: MeThouene

Hiro. Sir Shop-son Chow, Chairman: Li Kooz Wong Tun Chan, Esq. P. I. Kwok. Bag... Improved silkworm eggs will be

Tong Exc. Chan Ching bak, B

Hing Po distributed to the farmers and silk

Sang, Esq. Wong Chu Son, Esq., Esc. and Fang Ring Wah, Esq. filatures will be established in the near future by the Japanese inter- Chinese silk flatures in ests. Hongkew and Chapel, damaged during the hostilities, will be re paired and reponed by these Ja- SLOW “STARVATION”

and interests, Refusing, for obvious reasons, to stored in Hongkew and chapei and give permission for his name to be reported to have been confiscated. published, one Chinese mill-owner These cocoons will be distributed asserted that so far as could be to the filatures, when they are seen, the intention of the Japanese ready for operation. authorities was gradually to starve

NEW ADVERTISEMENTS

NOTICE.

panese

BIG INDUSTRY

cocoons

It may be recalled that in the prosperous years, China had a total total of 280 silk filatures with a of 100,000 reeling machines, of 113 which Shanghai alone had filatures. After the withdrawal of Chinese troops from the surround- ings of Shanghai, only three silk flatures located in the Internation- al Settlement and the French Con- cession of Shanghai resumed opera- They are the Ewo, the Applications should be by letter Hungfoong and the Foolo filatures, in the first instance addressed to with a total of 1,044 the Air Raid Precautions Officer machines.

A

vacancy exists for a. Chinese Anti-Gas instructor in the Air Raid Precautions Department of the Hong Kong Government.

tions.

reeling

care of Colonial Secretariat and Recently six new silk filatures accompanied by full particulars of have been established in the extra qualifications and copies of testi- Settlement roads in West Shanghai. monials. Applicants should not be

over

35 years of age, should bet educated

to Matriculation

up

Standard, and possess a good know-

LOCAL DOLLAR

was

The demand rate on the Hong ledge of English and the ability to Kong dollar this morning impart technical instructions in Chinese. Some

1/2-27/32.-

of knowledge

which the selected candidate will

Spot silver was quoted in Lon- Chemistry is also desirable. The don yesterday at 18-7/8 and for- salary will be initially $100 a month ward at 18-11/16. for the first two months, during The London on New York rate be in training: thereafter if satis- was quoted at £ US$4.9925 and the New York on London rate at factory he will be given 2 salary.

|S—U.S.$4.99-5/16. of $1,800 per annum rising by annual increments of $100 to maximum of $2,500 per annum.

FOR SALE

FURNITURE Complete Be

Suite, Dining Room

Boom Suite and

condition. Any

dered: Apply Mail

a

Singapore Raw Rubber

Messrs. H. B. Joseph and Co., have received the following quota- tions in Straits Currency for Raw oomRubber..

šina

May/June 20% b. down 1. July/Sept. 20-% b. down 1 Oct/Dec 20% b. down Market: Nominal.

Seate

Amoy Batavia Bombay

Canton

Semisrang

Shanghai

Haiphong Bankow Zancinit Kobe Kowloon London

Paiping Penang

Singapon Seuraava Saraton Sydney: Taïcoka

Bangoon Saigo San Francisc

Tokyo

Tokobams

Every description of Banking and Exchange business transseted. Lowas granted on approved

secusities.

Current Acorante pad in Loast Currency and Fixed Deposita, rammited for sherlar paziods in Local- and Forsign Currencies on terme which will be quoted on application.

Sais Deposit Boxes To Let

KAN TUNG - PO,

Chint Manager:

NACET

NACET

REGO. TRADE MARK

MADE IN ENGLAND

BLADES

NACET Blades have in established reputa- tion for fine quality at a low price. Their abso- Jute reliability has won.

for them great popu.

<

tarity every blade

gives many quick, clean and smooth shaves.

FOR 3-PEG RAZORS

The China Mail

ETS INTO THE HOME

"Earliest

1. 3. Mason, Esqu G. Miskia, Esq[wy

E.S. Morrison, Esq 5. L... Shialdia, Esq.

Sir Vandeleur M. Grayburn,

AMOY

BANGKOK

BATAVIA BOMBAT CALCUTTA

COLOMBO DALBEN FOOCHOW HAIPHONG HAMBURG

HABBIN

BONGKET ELOTIO

IPOH

JOHORE

KOBE

KOWLOON

Chief. NamaKET...

BRACERS:-

KUALA LUMPUR

LONDON LFONS MALACCA MANILA MUAR. (Johore) MUEDEN NEW YORK PELFING

NANG ZANGOON SAIGON

SAN FRANCISCO

SHANGHAT SINGAPORE SOURABAYA

SUNGET PATANI

SWANGW HENTSIN

TOKOHAMA

Current Accounts opened in Local Currency 2nd Fized Deposits received for one year or shorter periods in Local and other carencies

terms which will be quoted in spplication. ALSO Up to date, SAFE DEPOSIT BOXES |ín vations sizes TO ZET.

Hong Kong, 28th February, 1998.

HONG KONG SAVINGS BANK

The Business of the above. Bank is conducted byth HONG KONG AND SHANGHAI BAKK- ING CORPORAZIOS. Bales may bay obtained on syplication

FOR THE HONG KONG AND SHANGHAI BANKING CORPORATION.

F. K. GRAYBURN,

Chief Manager. -

Bong Kong 1st Marek, 1987.

THE YOKOHAMA SPECIE BANK

LIMITED

Established 1880

Capital (fully paid-up) Yen.100,000,000 Yen 135,900,000 Reserve Fund

Head Office: YOKOHAMA

Branches and Agencies at

Alexandria Bangkok Batavia

Berlin Bombay

Calcutta

Canton

Dairen (Dainy)

Moji Nagasaki

Nagoya

Fengtien (Mukden) Rangoon

Hamburg

Hankow

Harbin

Hong Kong Honolulu Fsinking Karachi

Koh

London

Manila

Los Angeles

New York

Osaka

Paris Peking

San F

Rio disco

Jeneiro

Seattle

Semarang

Shanghai

Singapore

Sourabaya

Sydney Tientsia

Tokyo

Tsingtau

Yingkow

Interest allowed for Current Ac counts."

Deposits received for fixed periods at rates to be obtained on application.

Y. KANO,

Manager. ong 10th March, 1938

THE WING ON BANK, LID.

Head Office: Hong Kong.. 26. Des Fleur Road, Central Authors Capital $10,000,000 LONDON BANKERS— Westmamster Bank, Ltd.

Exchange and every banding-business transs unts and Savings Fixed Deposita which will be quoted:

ceived

ship & Executorski

He Deposit Boxes-

Chief