1939-12-28 — Page 15

THE CHINA MAIL, DECEMBER 28, 1939

CHINA'S BALANCE

OF ACCOUNTS

Chungking, To-day.

Customs returns for the first nine months of 1939, both for Free China and the occupied areas, are published in the Bank of China's financial re- view.

the

#

of

According to these statistics Customs in Free China registered favourable international balance $33,645,000, while the figures for the dis- occupied areas, including the tricts of Shanghai and Kowloon, show an unfavourable foreign balance of $405,115,000.

interna-

The adverse balance of tional payments in the Customs un- der Japanese occupation amounted to $269,173,000, while that in Shanghai and Kowloon, "which suffered more or less from Japanese interference," are estimated at $155,942,000.

Chungking shows an adverse ba- lance of $1,533,000, while Pakhoi and Mengtze both record favourable ba- lances of over $13,000,000.

Wenchow has a favourable balance while Tientsin of over $8,000,000, shows an adverse balance of nearly $200,000,000, "owing to large imports of Japanese goods into North China." Kinochow, Chinwangtao and Che- foo show adverse balances of $45,-

KING VISITS BRITISH FORC ES IN FRANCE.-Photo shows His Majesty about to drive away from the quayside in a camouflaged car. With him Is Lord Gort. (Coypright. Fox).

CHRISTMAS GIFTS FOR ORPHANS

Many

London, To-day.

British children

000,000, $13,000,000 and $12,500,000 benefitted at Christmas by

respectively.

(All amounts are in Chinese tional currency).-Reuter.

1322-

COLD CLAIMS MANY

SHANGHAI

VICTIMS

the generous action of the wives of French seamen.

LINERS TO GO ON TO F.M.S.

(SPECIAL TO "CHINA MAIL")

New York, To-day.

A plan to extend regular route of the intercoastal steamers of the Pana- ma Pacific Line to Singapore and other Far Eastern ports is being discussed American in San Francisco by officials of the Pacifle and the Panama President Lines, according to a report

of the six Under published by the "New York Times.”

the plan, four Panama Pacifle vessels would add Shanghai, To-day.

They would operate Very cold weather has been experi-

round-trip of the Pacific to their in- tercoastal run. During

President with the enced this Christmas season.

in conjunction

from of bodies

now in service sailing the last few days, scores

liners have been picked up in the streets, most of the victims being of the

New York through the Panama Canal to California ports, Manila, Hong Kong, coolic class. Our Own Correspon-

Singapore and Penang.-Havas.

dent.

The children were those of British naval men who have lost their lives in the present war, and each child received from four to five toys, which were sent in 12 large crates.

made by u A

was similar gift member of the family of the Sultan Honorary of Zanzibar, who is an Captain in the R.N.V.R.

actions have These two generous been much appreciated by the Royal

the as by

children as well Navy, themselves. Reuter.

a

MEXICAN

OIL LAWS

MEXICO CITY, TO-DAY.

AP-

BY

THE GOVERNMENT HAS PROVED A

DRAFTED LAW PRESIDENT CARDENAS WHICH

EXCLUDES

PRIVATE INDIVI-

DUALS, EXCEPTING MEXICANS WITH CERTAIN QUALIFICATIONS. FROM EXPLOITING OIL.

The

also abolishes law

royalties hitherto pald to

the

oll

land-

owners, but provides for compensa- lion for damage caused to property

througn oil working.

Mexicans excepted

under the law

of

must be financially, technically,

morally and physically capable carrying out the work of exploitation. -Reuter.

11-13

loured by The Béli Byadiento, Inc.). Dieting Dot says her weighty problem would be less if her par ticular group of friends were less free with their dinner invitations.

Phone

27880

TO ENSURE A TABLE RESERVATION

for

NEW YEAR DINNER

Accommodation Limited.

Dinner and Dance Music

by

Dinner at $5.00 Non-diners at $2.00 .

THE BLUE DANUBE TRIO..

Open till 2.00 a.m.

on

New Year Eve.

Parisian Grill

NOTED FOR Fine Food anD THE BEST SELECTION OF WINES IN TOWN.

i

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