1939-06-30 — Page 29

THE CHINA MAIL, JUNE 30, 1989

Default On Chinese Loans

LONDON, TO-DAY. ANNOUNCEMENT OF THE DE- FAULT ON THE CHINESE RE- ORGANISATION LOAN AND THE 8 PER CENT. 1934 LOAN, HAS NOT COME ALTOGETHER AS A SURPRISE, SAYS THE “FINAN- CIAL TIMES.”

It is recognised that the revenue on which the service of, these is- sues is secured, has fallen into Ja- panese hands.

of

Anticipation of suspension payments,was reflected in the drop. in the quotation of the 1913 Loan by over 16 points in the past month.

..

SHEER INABILITY.

The Chinese Government, whose treatment of its creditors has been: exemplary in the past, has been forced to default by sheer inability to pay.

It is difficult to forsee any ar- for rangements likely to provide continued payments, in view of the greater part of the Customs and salt revenues to the Japanese and the recent exchange crisis Reuter.

1

SILVER PRICE FIXED

Washington, To-day,

CHILDREN'S PUZZLE

PSREAD

8

RY TO SPELL EIGHT SIX- LETTER WORDS BY USING ALL OF THE ABOVE LETTERS TO SPELL EACH WORD.

Answer to-morrow.

NEW MOVE IN MONETARY BILL

New York, To-day.

The Administration is reported to have informed leaders of Con- gress that it is prepared to allow the provisions of the Monetary Bill to lapse rather than seek an imme-. diate extension.

The report adds that the Adminis tration would then endeavour to have the provisions relating to

Answer to yesterday's puzzle: One "I" in William isn't dotted; Tues- day should start with a capital “T”; a portion of the base board, a boy's fin- ger and a boy's sleeve are missing..“

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA

↓

£8,000,000.

Incorporated by Royal Charter, 1859,

Paid-up Capital

£8,000,000. Reserve Fund

....£3,000,000. Reserve Liability of Pro-

prietors

HEAD OFFICE: LONDON:

38, Bishopsgate, E. C. 2.5- Sub-Agencies in London: i17/122, Leadenhall Street, E. C. 3. West End Branch: 14/16, Cockapur Street, S. W. 1. Manchester Branche

52, Mosley Street, Manchester, 2..

AGENCIES AND BRANCHES:

A joint conference of the Senate the Stabilisation Fund re-enacted, Aloe Bar

Amritsar

Harbin Hongkong

Proszig

Rangoon Baigon. Saramban

Karachi

Uniontia Agencies: Elang

QINDA Pisos

Street Hobe

and the House of Representatives but would forego the power which Bangkok

Batayla yesterday voted to restore the the President now enjoys to devalue Bombay. Presidential powers to devalue the the dollar. Reuter. dollar and the Administration's authority to buy foreign silver, Reuter.

The conference fixed the price at 70 cents an ounce for newly- mined and domestic silver,

The agreement must be ratifled by both Houses before being sent to the White House-Reuter.

IF YOU FIND THE HEAT TRYING

TRY PINKETTES.

You will find the heat far less worri- some and tiring if your digestive and eliminative organs are in sound work- ing order. It is a disordered liver and congestion in the food tract which causes that heavy, depressed feeling which afflicts so many people at this season of the year.

A little dose of Pinkettes now and then will ensure regularity of the daily habit and keep you happy, lively and healthy. Pinkettes are tiny, pink, all-vegetable laxative sugar-coated; pills, gentle. yet thorough in their action and an ideal laxative for all members of the family.

For constipation, liverishness, bilious- ness, sick headache, bad breath, acne and pimples, and to relieve piles, there is nothing more pleasantly effective than Pinkettes. Sold by all chemists.

SIGNIFICANT

Helsingfors, To-day.

The Chief of the German General at Staff, General Halder, arrived Helsingfors aerodrome yesterday morning from Reval accompanied by several officers. of his staff. Trans-Ocean.

FOR SALE Silver Jubilee Stamps of British Colonies

and Dominions Mounted on Special Album. Complete set mint for $300. Complete set used for $400.

GRACA & CO. Dealers in Postage Stamps, Garden Seeds, Etc., Etc. No. 10, Wyndham Street Established 1896,

Hong Kong.

Canton

Cawnporn Cebu Colombo Daiki

Kuala Lumpur Kuching Madras

مللجملة

Shanghai Sings pors

Hours bays

Taiping

Tientsin

Tongkah

Medan

(Bkukus)

New York

Tringwo

Haiphong

Priping

Yokohama

Hamburg

(Paklog)

Hankow

HONG KONG AND TANG HÀI

BANKING CORPORATION...

Authorised Capital

FOREIGN EXCHANGE" and General Banking Business transacted.

CURRENT ACCOUNTS opened and

23:

1,000,000

Issued and Fully Paid-up $$20,000:003 Reserve Funds;.

FIXED shorter perioda In Looal or Other Currencies at rátes

DEPOSITS received for One Year which will be quoted on application.

Sterling

Hong Kong Currency Re

- Kervo

Reserve Liability of Pro-

SAVINGS ACCOUNTS. To opened in Loos! Currency and Sterling with interest allowed, at cktwa "öbtainable on application.

The Bank's Hand Office in London andertakes Executor and Trustee business, and claime. re Dovery of British Income Tax overpaid, on terms which may be ascertained at any of the Agencies and. Branches.

R. A. CAMIDGE,

Manager.

THE WING ON BANK, LTD.

Head Office: Hong Kong, 26, Des Voeux Road, Central: Authorised Capital $10,000,000 ·

prietors

16,500,000

$10,000,000

0,000,000

HEAD OFFICE:"HONG" KONG,

BOARD OF DIRECTORS:

A, L. Shields, Esq. Chairman.

WH. Lock, Esq.

Deputy Chairman.

Hon. Mr. J. K. Bousfold, G. Miskin, Esq. A. H. Compton, Esg, K. 6. Morrison, Esq., Hon. Mr. B. H. Dodwell, Hon. Mr. T. B. Petros D. F. Landale, Esq., H. V. Wilkinson, Haq,

Sir Vandeleur M. Grayburn,

Oble! Manager.

ΑΜΟΥ

BANGKOK

BATAVIA

BOMBAY

CALCUTTA

CANTON

ОНЕРОО

COLOMBO

DAIHEN

FOOCHOW HAIPHONG. HAMBURG HANKOW

HARDIN HONGKOW ILOILO

IPOK

KOBE

JOHORE

KOWLOON

BRANCHES 1–

LONDON

KUALA LUMPUR

LYONS

MALACCA

PENANG RANGOON SAIGON

BAN FRANCISCO

SHANGHAI SINGAPORE SOURABAYA SUNORI PATANI SWATOW TIENTSIN.

TOKYO TSINGTAO YOKOHAMA

Current Accounts opened in Local Currency and Fixed Deposits received for one year phorter periods in Loos and other autren on terms which will be quoted on application.

ALSO up to date SAFE DEPOSIT BOXES. in various los TO LET.

Hong Kong, 25th February, 1989.

HONG KONG SAVINGS BANK.

The Business of the above Bank in conducted by the HONG KONG AND SHANGHAI BANK- ING CORPORATION. Rules, pay on application.

FOR. THE HONG KONG AND BHANGHAI BANKING OORFORATION,"

V. M. GRAYBURN

Chief Manager.

Hong Kong, lat: March, 1987

THE BANK OF EAST ASIA, LTD.

Authorised Capital

10,000,000.00

Paid-up Capital

5,698,800,00

Reserve and Undivided

Profits

2,888,982,03

HEAD „OPPIDR -HONG KONG, -10; Des Vœux Boud, Canizal,

BOARD OF DIRECTORS!— Hon, Bir Bhow-son Chow, Chairman)LI. Chun, Esq., .. P. I. Kwok. Tong,

Esq.

Chan Ching - Shər. Bang, Esq. Wong Cha Bon,- Enq,,- Han Ying Fa, Eng, and Fung" Ping "Wak, Esq.

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

Branches And Agenele

Amo

Batavia

Bombay

Osloutie

· Haiphong

Hankow Honolulu

•Robe

· Maniza

“Melbourne

Nagasaki

New York

•Paria

Felping

Penang Rangoon

Kowloon

Balgon

London

San Fran

Every! descripties

f

сред

LONDON BANKERS:— Westminster Bank, Ltd.. Foreign Exchange and every descrip tion of banking business transacted.

Current Accounts and Savings Acinsas: transscled, counts opened. Fixed Deposits, receiv ed at rates which will be quoted application..

Trusteeship and Executorship under taken. Safe Deposit Botes for hire.

PHILIP GOCKCHIN,

Chief Manager,

avouritiusa

* CuérankÁ‚ooounse

and Fixed Deposits rece aborter periods in Lobal on terms whinh will be quo

Bafe Deposit Bazos. To

KAN TONG

Chi

TATMINTATATATA

TATATATATATATA

TATAT

The Quality

SUNRIPE CIGARETTI