---THE CHINA MAIL, FEBRUARY 6, 1939
GERMAN BANK BUYS CZECH
2337
COAL MINES
Berlin, Yesterday.
The Dresdener Bank has pur- chased from the Czech Zivnosten- ska Bank the enormous Bohemian brown coal fields, which since the cession of Sudeten territory had become German.
Payment will be made at two thirds in coal deliveries to Czecho-Slovakia and one third in
cash.
The price is not revealed but is believed to be comparatively low since the coalfields had been sold only last summer by the former owners, the Jewish Petschek family to the Zivnostenska Bank at a very low price.
The Petscheks, in anticipation of the anschluss of Sudeten ter- ritory, sold the mines only at a fraction of their value but on con- dition that the money had to be paid in pounds sterling in Lon- don. Trans-Ocean.
LOCAL SHARES
Following is the list of changes and enquiries in local share quotations this morning:-
BANKS
Hong Kong Bank $1400 b., $1420 Bank of East Asia $81 b.
INSURANCES
Canton Ins. $210 b., $220 s.
Union Ins. $465 b.
China Underwriters 52% cts. b.
H. K. Fire Ins. $175 b.
DOCKS, WHARVES, GODOWNS,
ETC.
H. K, and K. Wharves $116 b.
H. K. Docks (Od) $17.60 b., $17.60
sa,
H. K. Docks (New) $16 b. Providents (Old) $6.35 b. Providents (New) $6% 82,
MINING
Antamoks Ps. 42% sa, Atoks Ps. .35% sa. Baguio Gold Ps. .261⁄2 sE. Benguet Consol. Ps. 14.00 sa. Coco Grove Ps. .0025 sa. Consolidated Mines Ps. .81 să. Demonstrations Ps. .66 sa. I. X. L. Ps. .12. sa. Paracale Gumaús Ps. 1.72 sa, San Mauricio Ps, .23 sa. Suyoc Consol. Ps. .67 sa.
LANDS, HOTELS & BLDGS. H. K. and S. Hotels $6.80 b. H. K. Lands $364 b., $38% sa. Chinese Estates $97 b.
PUBLIC UTILITIES
H. K. Tramways $17.40 b., $17.40/-
50 88.
China Lights 38% b., $8.00 sa.
H. K. Electrice $58% 5., $68/8
sa.
Macao Electrics $171⁄2 b. Sandakan Lights $10 b. Telephones (Old) $23 b. Telephones (New) $7.60 b.
INDUSTRIALS Cements $15.80 b., $16 sa. H. K. Ropes $4 b.
STORES, &C.
Watsons $7.90 b,
Wing On (H.K.) $98 b.
MISCELLANEOUS
Entertainments 37 b.
Marsmans Inv. (H.K.) - 8/- 2/6. þ.
LOCAL DOLLAR
The demand rate on the Hong Kong dollar to-day was 1-2-13/16. "Spot" silver was quoted in Lon- don at 20-1/16 and forward at 19-3/4.
The London on. New York rate was quoted at £-U.S.$4.67.87 and the New York on London rate at £-U.S.$4.68.
CHILDREN'S PUZZLE
UR ARTIST
MADE EXACTLY SEVEN INTEN-
Ο
TIONAL MISTAKES IN: THIS DRAWING
BAN YOU DE-
CAN
TECT THEM?
Answer to Saturday's puzzle:
CHINESE AERIAL ACTIVITY
CHUNGKING, YESTERDAY. AN ARTILLERY DUEL IS PROCEEDING ACROSS THE YELLOW. RIVER BETWEEN THE CHINESE AND JAPANESE FORCES IN THE VICINITY OF TUNGKWAN AND HOTSIN.
Otherwise there is no fresh de-
velopment reported on the Shan-
si front.
A Chinese despatch claims that a squadron of Chinese planes re- connoitred
over the Japanese lines along the Peiping-Hankow Railway.
The Chinese planes bombed a Japanese troop concentration as well as the railway bridge at Fengtsun, thereby interrupting traffic on the railway.-Reuter.
THE BANK OF EAST ASIA, LTD.
{A.W.NUGENTS
Answer to-morrow.
1-T Square. 2-Crowbar, Winter has come.
B
Page
CHINA'S HEAVY ORE EXPORT IN '38
Shanghai, Yesterday.
Mineral ores to the value of $106,500,000 were exported from China during 1938, repre- senting an increase of four million dollars compared with the pre- vious year and of fifty million dol lars compared with 1936.
These figures have been ob- tained from Chinese sources.
With the organisation, during the later part of last year, of numerous mining companies in the South-Western provinces of China, it is expected that the current year will see a still fur- ther rise in the export of Chin- ese mineral ore.
Significance of this lies in the fact that increased export has been achieved despite the fact that, as a result of the hostili- ties, China has lost some of its biggest iron ore mines, notably the Tayeh Mines near Hankow, which are claimed to be the largest single iron ore mining unit in China. Trans-Ocean.
help to develop good relations among various sections 'of the
FRENCH PAPER IN population of Tunis independently
ITALIAN
Paris, Yesterday..
A new newspaper in the Italian language will begin publication on February 15 in Tunis.
The paper will be titled "Il Giornale," and will set itself the task of "disseminating impartial information. and serving. as a pro- paganda organ for democratic ideals."
In French circles it is declared that the new paper is intended to
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.
Incorporated by Royal Charter, 1858.,
HEAD OFFICE: LONDON 38, Bishopsgate, E. C. 2. Paid-up Capital Reserve Fund Reserve Liability of Proprie-
tors
.£3,000,000 .£3,000,000
.£3,000,000
Manchester Branch,
71, Mosley Street, Manchester. Agencies and Branches:
Alor Star
of their origin. No attempt is made to conceal the fact that an effort will be made by means of this paper to counteract the in- fluence of the press in the Italian language in Tunis, hitherto con- ducted in the spirit of Fascism.- Trans-Ocean.
HONG KONG AND SHANGHAI BANKING CORPORATION
Authorised Capital
$50,000,000 Issued and Fully Paid-up... 20,000,000 Reserve Funds:-
Sterling
Hong Kong Currency Re-
serve...
Reserve Liability of Pro-
prietors
.£6,500,000
$10,000,000
.$20,000,000
HEAD OFFICE: HONG KONG.
BOARD OF DIRECTORS:
T. E. Pearce, Esq.,
Chairman.
Hon. Mr. J. J. Paterson, Deputy Chairman.
J. K. Bousfeld, Esq.,
A. H. Compton, Esq., Hun. Mr. B. H. Dodwell, W. H. Look, Esq.,
0. Miskin, Esq.
. S. Morrison, Esq.,
. Mr. A. L. Bhiside, H. V. Wilkinson, Esq.
Sir Vandeleur M. Grayburn,
Chief Manager.
Amritsar
Hong Kong Bangooz Iloilo
Saigon
Bangkok
Ipoh
Beremban
Batavia
Karachi
Shanghai
Bombay
Klang
Singapore
Caloutta
Kobe
Sitiawan
Undivided
$10,000,000,00 5,598,600,00
2,776,726.76
Canton
Kuala Lumpur
Bourabaya
Cawnpore
Huahing
Taiping
Madras
Tientsin
AMOY
Mantia
Tongkah
Medan
(Bhukes)
New York
Tringiao
Taiping
Yokohams
Hankow Harbin
(Peking)
Penang
Authorised Capital Paid-up Capital Reserve and
Profits
HEAD OFFICE:--HONG KONG, 10, Des Vœux Hood, Ventral.
Hon. Sir Shou-son
BOARD OF DIRECTORS :-
Chow, Chairman; Li Hoon Chun, Esq., P. K. Kwak Hagy WODE Yun Tong, Esq., Chan Ching Shek, Eag., Li Lan Bang, Bag. Wong Chu Son, Esq., Bin Ying Po. Esq. and Fung Ping Wah,' Eaq,
Kan Tung Po., Esq., Chief Manager. Li Tee Foog, Eaq., Manager,
BRANCHES AND AGENCIES:-
Amoy
Batavia Bombay Calcutte Canton Haiphong Bankow Honolulu. Kobo
Kowloon London.
Brattle
Bamarang Shanghai
Singapore
Bours beys Swatow
Manila
Melbourne
Nagasaki New York Osaka Parta
Panang
Rangoon Saigon
Tiantain
Tokyo
San Francisco
Vancouver Yokohama
Feiping
Byduoy Taikoku
Every description of Banking and Exohango business transacted. Loans panied ou approred Accurities.
Current Accounts opened in Local Currency and Fixed Deposits required for shorter periods in Lool and Foreign Currenales on terms which will be quoted on application.
Safe Decals Boxes To Lek
KAN TUNG PO
Ox
Foreign Exchange and" General Banking business
transacted.
Currenă Accounts opened sad Fixed Deposita rapalved for one year or shorter periods ni ratos which will be quoted on application.
The Bank's Head Oftos "in London undertakos Executor and Trustee business, and claims
of British Income Fooovery
Tax overpaid, terms "which may be ascertained at any of it Agencies and Brinobes,
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-descrip tion of banking business transacted.
BANGKOK BATAVIA BOMBAY DALOUTTA
OANTON
CHEFOO
COLOMBO
DAIREN
FOOCHOW HAIPHONO
HAMBURG
HANKOW
HARBIN
* MONOKEW
ILOILO
IPOH
JOHORE
KOBE
KOWLOON
BRANCHEB:-
KUALA LUMPUR
Current Acocrints
LONDON LYONS MALACCA MANILA MUAR (Johore) MUKDEN
NEW YORK PELPING PENANG RANGOON
BAIGON
BAN FRANCISCO SHANGHAI SINGAPORE
BOURABAYA SUNGEI PATANI. SWATOW
TIENTSIN
TOKYO
TSINGTAO
YOKOHAMA
opened in Local CurraDC) and Fixed Deposits received for shorter perioda in Local and other currencies on terms which will be quoted on application.
ALSO up to date_BAPP DEPOSIT BOIES in various kizaa TO LET.
ong Kong, 30th February, 1908.
HONG KONG SAVINGS BANK
Current Accounts and Savings Ac- The Business of the abors Bank in sondata counts opened. Fixed Deposits receiv-by the HONG KONG AND GILANGHAI, DANK- ed at rates which will be quoted ok on application.
|ING CORPORATION. application.
FOR THE HONG KONG : AND SHANGHAJ Trusteeship and Executorship under. | BANKING CORPORATION, taken. Safe Deposit Boxes for-hire, | SIE VANDELEUR M. GRAYBURN,
PHILIP: GOCK CHIN,
Chief@Managers-Hong
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