1938-11-24 — Page 21

THE CHINA MAIL, NOVEMBER 24, 1988.

1

CHILDREN'S PUZZLE

DVU 583

A THOUGHT FOR FOGGY DAYS. Elaborate preparations are being made all over England to combat the common enemy, of transport, fog. At Parrswood Omnibus garage, East Didsbury, Man- chester, motor-tricycle patrols are ready and on the alert for, emer- gency calls, when they will go out into the fog and lead in or rescue stranded buses. Photo shows fixing lights on the rear mud-guard of one of the "fog squad" machine at the garage.

EUROPEAN BOYCOTT OF THE JAPANESE

London, To-day.

The boycott of Japanese goods has recently considerably in- creased in the various countries according to reports from Geneva.

In the first six months of 1938, the total exports from Japan de- creased by 21 per cent. compared

LOCAL DOLLAR

FR WOU COULD

VERY

EASILY TURN MY. PICTURE UPSIDE DOWN TO SEE MY FUNNY LOOK- ING FATHER BUT PLEASE DONT DO IT.

STERLING STRENGTHENS AGAINST DOLLAR

London, To-day.

Following Tuesday's rather un- happy experience, sterling display ed considerably more buoyancy yesterday..

The demand rate on the Hong Trading was quieter and only a Kong dollar to-day was 1/2-27/32. little early support was needed to "Spot" silver. was quoted in keep the sterling-U.S. dollar. rate London at 20-1/8 and forward at on an even keel.......... 19-5/8.

The sharpness. of Tuesday's. de- The London on New York rate cline in sterling-in. terms of the was quoted at £U.S.$4.6637 and the New York/London rate át

-U.S.$4.66-3/16.

near future.

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA

.£3,000,000. £3,000,000

.£3,000,000

Ancorporated by Boral Charter,, JBSA. HEAD OFFICE: LONDON 1.138, Bishopsgate, E. C. 2.. ap-Paid-up Capital

Reserve Fund, . • Reserve Liability of Proprie

Manchester Branch, 71, Mosley Street, Manchester.

Agencies and Branches:

The market, however, appeared to ed the announcement with an be optimistically disposed and greet-

preciable advance in prices.- with the same period 1937. July exchange seemed to be brighter, tin Sentiment on the whole Metal Ex. ports were 25 per cent. smaller than and spelter also sharing the upward in July, 1937. Holland is leading

trend. Reuter. in the boycott movement in Europe with a reduction of the import of Japanese goods by 37 per cent. com- pared with 1937, followed by France THE BANK OF EAST ASIA, LTD. with 24 per cent, and England with

9 per cent.

Authorised Capital

The reduction in the U.S. is 48 Paid-up Capital per cent., in the Straits Settlements Reserve and Undivided

75 per cent. English papers appeal

to the public not to buy Japanese

goods at their Christmas shopping.

Trans-Ocean.

LIVELINESS ON METAL MARKET

London, To-day.

.$10,000,000.00

5,598,600.00

Profits

2,776,726.76

HEAD OFFICE:-HONG KONG, 10, Des Voeux Boad, Centesi.

tors

Alor Star Amritsar Bangkok Batavia Bombay Caluati

Ilollo

pob

Rangoon Balgon Beremban Shanghai Singapore Billawan

H

Canton Cawnpore Cebu Colombo... Dolbi Hairbook Hainburg

•Hankow...

Harbin

Bong Kong

Karmaht Klang Kobe Kuala Lumpu Kuching Madras Manila Medan New York Felpian

(Poking) Penang

Sourabaya Taiping Tientallo Tongkah

(Bhuket) Taingiso Yokohama

Foreign Exchange and General Banking bans transacted:

Current Accounts Ropened Mand: Fixed Deposits received for one year or shorter periods, as "raten which will be quoted on application.

THAT

TO PLAY FAIR- 'WITH ME.

JEE IF YOU CAN REPLACE THE -TWO FIVE-LETTER·· WORDS, MISSING FROM THE ABOVE: SENTENCE BY USING. ALL OF THE LETTERS. IN THE CAT," TO. SPELL EACH WORD.

(0.1937, by The Associated Newspapers)

Answer to-morrów.

U.S. dollar was the subject of much discussion, and some criticised the feeble resistance put up by the British control.

"HOT" MONEY

On the other hand, others assert that the Pound was depressed by international political considera- tions causing a renewed drift of Continental sterling balances to dollars.

While the movement of this thing it will not be regretted in "hot" money was temporary unset- the long run, and did not warrant the. Exchange Fund literally throwing good money after bad.- Reuter.

HONG KONG AND SHANGHAI BANKING CORPORATION

Authorised Capital

$50,000,000

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

Sterlinggrek

Hong Kong. Currency Re-

serve

Reserve Liability of Pro-

prietors

£ 6,600,000

$10,000,000

$20,000,000

HEAD OFFIOR. HONG KONG.

·BOARD OF DIRECTORS. T. E. Pearce, Esq.,; Chairman.

Hon. Mr. J. J. Paterson, Deputy Chairman.

J. K. Boundeld, Esq., G. Miskin, Esq. A. H. Compton, Esq., K. B. Morrison, Esq.,

lion. Mr. A:, L. Shiala- H. V. Wilkinson, Esq.

Hon. Mr. B. H..Dodwell, W. H. Look, Esq...

Sir Vandeleur M. Grayburn,'

Ohial Manager.

BEANCHES

LONDON... LYONS MANAOUA MANILA

MUAR

AMOY BANGKOK BATAVIA BOMBAY CALCUTTA CANTON CHEFOO

MURDEN

NEW

YORK

COLOMBO DAIBEN

PELPING

HAIPHONG

BOARD OF DIRECTORS:- Hon. Bir Shou-son Chow, Chairman; El Koon

The Bank's Hand Office in London-undertakes |----FOOCHOW Uhun, Eq, P. B. Kwok, Esq., Wong Sun Executor and Truste long, Esq., Chan Ching Bhak, Esq., LA

business, and olaima La recovery

of Brisiah Sang. Eng., Wong Chum don, E14, Kan Ying Poorma

Income Tax overpaid, on Eng and Fung Ping Wah, Eagi

which may be ascertained at any of ite Agonnies and Benches,

Aniqy

Kan Fung Po, Esq., Chief Manager. LI. The Fong, Esq., Manager.

BRANORES AND AGENCIES :-

Announcement of reintroduc-Batavia tion of copper restriction sur- Bombay Calcutta prised yesterday's market only in Canton

Haiphong that it was earlier than general- Hankow

Honoluly ly expected.

Kobe Kowloon London

The present statistical position of copper had led to widespread belief that such action was necessitated Booner or later.

Copper dealers admitted to Reuter that the decision of the producers is capable of bearish interpretation as it envisages no substantial ́ ́ ́im- provement in consumption in thel

والدولة.

Molbourne

Beattle

Bamerang

Nagasaki New York

Parin

Shanghaf

Blokspore

Sourabay

Swalow

Sydney

-Taikoku

Tiontain

Tokyo

Vaboquvar Yokohama

Priping

Penang

Rangoon Balgon⚫

San Francisco

Evory description of Banking and Exchange

1.

R. A. CAMIDGE,“

Manager. Hong Kong, 1st January, 1935.

THE WING ON BANK, LTD.

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 transacted: Current Accounts and Savings business.. transacted. Losos granted on approved Accounts opened. Fixed Deposits re

Current Accounts opened in Local Curray Ceived at rates which will be quoted surser pariod) In Local and Parisign Currencies and Fixed Deposits received for one guar. or on application.

Safe Deposit Boxes "To Let

curities.

terms whilah_will - bo, quoted an application. Trusteeship & Executorship under

XAN TUNG to,

Cóla! Manager.

taken. Safe Deposit Boxes for hire.

·PHILIP GOCKCHIN,

Chief Manager,

HAMBURG

·HANKOW HABBIN HONGKEW

ILOILO IPOH -JOHORE

БОНЕ KOWLOON

KUALA LUMPUR.

*{phors)

PENANG- BANGOON BAIGON

SAN FRANCISCO

SHANGHAI BINGATORE BOURABAYA SUNUZI PATANI SWATOW

TIENTSIN

TOKYO TSINGTAO..

YOKOHAMA

Current Accounts opened In Local Currency ud Fixed Depostis received for one year shorter perioda in Local and other currencies on terms, which will be quoted on application,

AL80 up to Sale SAPK DEPOSIT BOXES in various aisee TO LET, US

lepg Kong, 96th February, 1988.

HONG KONG SAVINGS BANK

The Business `of':the by the HONG KONG

ING CORPORATION

en application.

above" Bank" in: "Goodnožeš AND SHANGHAI BANK

Balad, may

be obtained

BANKING CORFORATION. JAN

FOR THE HONG KONG AND BHANGHAI

-VANDELEUR M. GRAYBURN,

Chief Manas