1939-06-22 — Page 21

THE CHINA MAIL, JUNE 22, 1989.

COTTON

SUBSIDY

COMPROMISE

Washington, To-day. The Congressional conference has reached a partial agreement in the Agricultural Appropriations Bill by accepting $225,000,000 for parity payments while the additional con- troversial $113,000,000 for crop sur- plus removal will be submitted to a House vote, together with number of smaller ones.

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Senator Bankhead said that agreement includes a compromise on the cotton export subsidy question,. subject to a House vote, whereby one-half of the total available for cotton from the $113,000,000 would be utilised to increased cotton uses, while the balance could be used as the Secretary of Agricul- ture sees fit.

domestic

The Senate speedily approved the conference report on the Agricul- tural Appropriation Bill, leaving now only the House vote on the aforementioned items which come up to-day.

assume

may

Some cotton trade circles in New York

that roughly $36,000,000 might be available for the cotton export subsidy, subject to compromise, unless altered by the House action.-Reuter.

17 MAY

5.

FRANCO TO GET MADRID GOLD

La Rochelle, To-day. A decision of the Civil Tribunal here will enable France to imple- ment in full the provisions of the Berard-Jordana agreement for handing over Spanish gold held in

LOCAL DOLLAR France to the Franco regime.

at 19

The demand rate on the Hong Kong dollar to-day was 1/2-11/16.

"Spot" silver

was quoted in London

and forward at 18-13/16.

The London on New York was quoted at £-U.S.$4.6812 the New York on London £-U.S.$4.68-1/8.

rate

The tribunal declared valid the distraint claim of private banks in the Bilbao region and ordered the return of 9,000 cases of Spanish gold and valuables held here since May, 1937.

and With the completion of the terms rate of the agreement, relations between France and Franco Spain are like- ly to enter "a new and better era."

Reuter.

KNOCKED TEN YEARS

OFF HIS AGE

When He Got Rid of

35 lbs. of Fat.

This man found he was carrying far too much weight. As is usually the case -with women as well as with men- his overweight made him appear older than his years. When he eventually got rid of 21⁄2 stone of fat, he looked ten years younger. His letter tells you how he achieved this result:-

"I am 33 years of age and weighed 14 stone 10 lbs., yet my height was only 5 ft. 6 ins. I was looking older than my age. For about five months I kept up the 'daily dose' of Kruschen and I could see each week a gradual improve- ment all round. My friends, unaware of what I was doing, noticed this alter- ation of form, and in time it became quite a mystery that I should lose some 24 stone so perfectly. My appearance and body form have improved so much that I look 10 years younger. I did not diet at all, nor did I do any special· exercises."-A.A.D.

Kruschen is based on scientific prin- ciples it is an ideal blend of minera! salts found in the aperient waters of.

to European Spas resorted by the wealthy for the reduction of excess weight.

2.

The

STARRIN

1

LOCAL SHARES

BANKS

Hong Kong Bank $1320 b., $1340 sa.

INSURANCES

Canton Ins. $290 s.

Union Ins. $460-8.- H. K. Fire Ins. $185 s.

DOCKS, WHARVES, GODOWNS,

ETC.

Providents $4.55 b.

MINING

Raubs $8.30 b.

b., $161⁄2

sa.

PUBLIC UTILITIES H. K. Tramways $16 Yaumati Ferries $22 sa, H. K. Electrics $55 b.

INDUSTRIALS Canton Ices $1 b.

STORES, &C. Dairy Farms. (Old) $22 s. Watsons $8.40 b., $8.40/45 'sa,

MİSCELLANEOUS Entertainments $6.90 sa. H.K. Govt. 4% Loan 4%pm. b.

Antamoks Ps. .21% 80. Atoks Ps. 26 sa. Batong Buhay Ps. .015 sa. Big Wedge På. .23 sa. Coco Grove Ps. .30 sa.

I, X, L. Ps. .50 ŝa. Itogona Ps. .24% sa.. Masbatas Pa. .11% sa.

Mind. Mother Lode Ps. 10 sa. Mine Operation. Ps. .141⁄2 sa,

A

LL OF THE

LETTERS

ON THE BOOK COVER CAN BE REARRANGED

TO SPELL THE NAME OF A HOWELL KNOWN

STORY:

SURE IS DARN TALE

WHAT

IS IT?

Answer to-morrow.

OIL TALKS

London, To-day.

The Foreign Under-Secretary said in a House of Commons an- swer yesterday that conversations

HONG KONG AND SHANGHAI

→

BANKING CORPORATION,

Authorised Capital

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

$50,000,000

Sterling

£ 6,500,000

Hong Kong Currency Re-

$10,000,000

$20,000,000

Acrvè

Reserve Liability of Pro-

prietors

HEAD OFFICE; HONG KONG.

BOARD OF DIRECTORS:

A. L. Shields, Esq.

Chairman,

W. H. Lock, Esq., Deputy Chairman.

A. E. Compton, Esq..

Ion. Mr. J. K. Dousfield, . Miskin, Esq.

K. S. Morrison, Esq., Hon. Mr. 8. H. Dodwell, Hon. Mr.T. E. Pearos

H. V. Wilkinson, Esq.

D. F. Landalo, Eag

Sir Vandeleur M. Grayburn,

Chiof Manager,

AMOY

BANGKOK BATAVIA BOMBAY

CALCUTTA

CANTON CHEFOO COLOMBO DAIREN FOOCHOW

HAIPHONG HAMBURG HANKOW HARBIN HONGKEW ILOILO IPOH

JOHORE

KOBE

KOWLOON

KUALA LUMPUR

BRANCHES:-

LONDON LYONS MALACOA MANILA MUAR (Jokore) MUKDEN NEW YORK PEIPING PENANG RANGOON SAIGON BAN FRANCISCO BHANGHAI SINGAPOBE

SOURABAYA

BUNGEI PATANI SWATOW

TIENTSIK

TOKYO

TRINGTAO

ТОБОНАМА

Jour or

Current Accounta opened in Loos? Ourroney and Fixed Deposits received for one which the Government were follow-shorter periods its Local and other

currención ing with interest and were proceeding between the Mexi- in various sizes. TO LET.

approval forms which will be quoted our application.

ALSO up to date SAFE DEPOSIT BOXES can Government and the oil com-

Hong Kong, 25th February, 1989. panies, with a view to arriving at a settlement of the dispute.-Bri- tish Wireless.

North. Camarines Ps. .28 sa. San Mauricio Ps. 95 sa. Suyoc Consol. Ps. 14 sa. United Paracales Ps. .431⁄2 sa,

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA

Incorporated by Royal Charter, 1888,-

Paid-up Capital Reserve Fund Reserve Liability of Pro-

prietors

HONG KONG SAVINGS BANK.

The Business of the above Bank is conducted by the HONG KONG AND SHANGHAI BANK- ING CORPORATION. Rules

may be obtalbed on application.

FOR THE HONG KONG AND SHANGHAI BANKING CORPORATION,

V. M. GRAYBURN, Chief Manager.

Hong Kong, 1st March, 1007.

THE BANK OF EAST ASIA, LTD.

£3,000,000, .£3,000,000.

£3,000,000.

Authorised Capital Paid-up Capital Reserve and Undivided

Profits

$10,000,000.00

5,598,600.00

2,883,982,01

HEAD OFFICE: LONDON: 38, Bishopsgate, E. C. 2. Sub-Agencies in London: 117/122, Leadenhall Street, E. C. 3. West End Branch: 14/16, Cockspur Street, S. W. 1. Manchester Branch: 52,-Mosley Street, Manchester, 2. ̈ ̈

AGENCIES AND BRANCHES:

Alor Star Amritsar Bangkok Batavia Bombay

Harbin Hoogkong Iloilo

Ipoh Karachi

Caloutta Agancias: Klang

Olive Street

Penang Rangoon Balgon Barsto ban Shanghai Sings pors

БИ

FIT

Fairlie Place Canton Cawnpore Cebu Colombo Dalki Haiphong Hamburg Hankow

Koba Kuala Lumpur Kuching Madras Manila Medan New York Palping

(Paking)

Bourabaya Taiping Tientaln Tongkak

(Bhuket)-- Tulagteo Tokohama

FCREIGN EXCHANGE and General Banking Business transacted.

ני

Hon. Chua,

HEAD OFFICE:-HONG KONG,

10, Des Voeux Road, Central.

BOARD OF DIRECTORS :~... Bir Skou-son Okow, Chairman'; Li Koon Bag., P. K. Kwok Kag. Wong Yus Tong: Eq. Chan Ching Bhat, Esq., Li Les Bang, Esq. Wong Chu Bon, Esq., Kan Ying Ph Eng. and Fung Ping Wah, Esq.

Kan Tong Po, Esq., Chief Manager. Li Tse Fong, Esq., Manager,

Branches And Agencies:-

Amoy Batavia Bombay Calcutta Haiphong

Manlia

Baniile

Melbourne

Samarang

Nagaraki

Shanghai

•

New York

Singapore

Paris

Bourabaya

Bankow

Felping

Swatow

Honolulu

Sydney

Kobe Kowloon

Kangoon

Tientsin

Vancouver

London

San Francisco

CURRENT ACCOUNTS opened and FIXED DEPOSITS received for One

aborter Every description periods in Local or Dikar Currencies (33)rutes businesa tranunoted. which will be quoted on application. V

securities. RAVINGS ACCOUNTS also opened Local Currency and Sterling with interest`ällowed" at rates obtainable on application,

The Bank's Head Ofios in Londor undertakes Erooutor and Trustos, business, and claimą - re- covery of British. Insoms. Taz överpalde-on, terma which may ba nacortained af, any of the Ağanoles and Branches.

R. A. CAMIDGE,

FOLLIES-1939

Joan CRAWFORD

(WIŁE JAMESE

STEWART AYRES

LEWIS STONE!

Manager

Poneng

Balgon

Banking and Blechange Loans granted on approved

Current Accounts opened in Local Currency and Fixed Deposits roosived for one Juar aborter perioda in Local--and Foreign Currencies on terms which will be quoted on spplication.

Sate Deposit Boxes To Lat.

KAN TONG PO,

Chief Manager.

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

Current Accounts and Savings Ac counter opened Fixed Deposits receiv ed at rates which will be quoted on application. # SENDOA

Trusteeship and Executorship under- taken: Safe Deposit Boxes for hire.

PHILIP GOCKCHIN,

Chief Manager.