1940-07-22 — Page 13

THE CHINA MAIL, JULY 22, 1940.

HONG KONG SHARE MARKET

BANKS

Hong Kong Bank $1200 s.

CKS, WHARVES, GODOWNS,

ETC.

IK. Docks (Old) $15% b. 1.K. Docks (New) $14% b. LANDS, HOTELS & BLDG8. IK. and S. Hotels $3.70 sa. IK. Lands $31 b., $31 sa.

-PUBLIC-UTILITIES-

IK, Tramways $15 b., $15.10 sa. China Lights (Old) $6.80 s. H.K. Electrics (Old) $301⁄21⁄2 sa. Telephones (Old) $21 b.

STORES, &C.

Vatsons $84 b.

LAST DAY'S SALES

,000 Hotels @ $3.70

0 Lands @ $31

00 Trams @ $15.10

00 Electrics (Old) $361⁄2

THORNY PROBLEMS GAIMUSHO FACE PAN-AMERICA AS POPULAR

CONFERENCE

EDUCATOR

(Special to "China Mail")

with interna-

|HONGKONG & 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

.£ 0,500,000

$10,000,000

.$20,000,000

HEAD OFFICE: HONG KONG.

BOARD OF DIRECTORS: HV, Wilkinson, Esq., Chalfiion.

Hon. Mr. J. J. Paterson,

- Deputy Chairman,

K. S. Morrison. Esq.

THE PAN-AMERICAN Conference, attended by the representatives of 21 American Republics,

In order to make the which opened in Havana yesterday, will get down to its first real business-to-day when statements will Japanese masses-more be made by U.S. Secretary of State Cordell Hull and familiar the heads of the Cuban and Paraguayan delegations. tional affairs, the Gaimu-

Yesterday's proceedings consisted of a formal sho in Tokyo plans to set H. Compton, Esq. T. E. Frarco, Esq.,

an "information opening ceremony in Cuba's new Capitol and a wel- up coming address by the Cuban President, Frederico office" from which know-

ledge Laredo Bru..

on international The Conference was convened concern combatting subversive in- problems will be dispens- by the United States primarily to fluences and will not include the ed to the people..

consider questions arising from question of mutual military

sistance.

EWSPAPERS NOT TO the European war.

BE SENT ABROAD

York The New

as-

"Herald-Tri-

there.

J. K. Bousfield, Esq., Hon. Mr. S. IF

G.

C. C. Roberts, Esq., Dodwell, Hon. Mr. A. L. Miskin, Esq.,

Shields, Sir Vandeleur M. Grayburn, Chief Manager.

tan Franalom Shaughsi

BRANCHES:-

Amoy

Ipoh

Bangkok Batavia

Johoro

Rangoon Balgon

Xobo

Kowloon

Kuala Lumpur Singapore

London

Lyons

Sungel Patani

Malacca

follo

Manila

Bourabaya

Bwatow Tientaln

Munr (Johore) Tokyo

Mukden

Tsingtao

New York Yokohama

Friping

Penang

According to advance reports Bombay in Tokyo yesterday, the atmos-Calcutta

Canton Subjects expected to be discuss-

phere within this office will be Chefoo ed include the proposal that a

distinctly democratic and ordinary Colombo joint protectorate should be esta-bune" says many Latin-Americans civilians will be able to dine at Po blished by the 21 Republics over are convinced that only a mirack the same table as Cabinet Min-Haiphong new Order published in Lon- the Western Hemisphere posses-of statesmanship can produce anyisters who

may happen to be Haukow

Harbin makes it illegal to send abroad sions of Nazi-occupied countries tangible results. Reuter. erwise than by post the fol- and a U.S. plan to form a Pan-

Free lectures and movies ying publications:

American cartel to dispose of the Ten Foreign Ministers

on foreign culture will be

Current Accounts opened in Local The Week," "Russia To-day," surplus products of the American

given from time to time.

Currency and Fixed Deposits received ussia." "Russia To-day News-states.

At Conference

Artistic exhibits and other sou- for one year or shorter periods in Local and other currencies on terms which er," "Challenge," "World News Informal private discussions

The Pan-American Con-venirs brought to Japan by di-wil be quoted on application. Views," "Inside the Empire," among the delegates have already

plomats returning from abroad ALSO up to date SAFE DEPOSIT he New Propeller," "Action revealed some of the problems ference opened at Havana will be exhibited while the motto BOXES in various sizes TO LET. vs Service,' "People's Post," facing the conference. eadline,"

yesterday evening, when inscribed on the

"Free Press," An-

," "The British Union Quar-

ly," "Moscow News," and

ie Welt."

walls will be "Let foreign affairs and diplom-

Two Americas the delegates from 21 acy be furthered with the Co- of American countries were operation of the public.”—Havas.

The Havana correspondent

The Order also makes it illegal the "New York Times" says evi-welcomed by the President distribute these newspapers by dently the delegates will attempt

t to destinations outside the to co-operate to the fullest extent of Cuba. ited Kingdom otherwise than in keeping the Western Hemis- ler a permit

from granted by the phere at peace, but

LOCAL DOLLAR

the

There are 10 Foreign Ministers

THINK THE YEN IS WORTH MORE

(Special to "China Mail")

in

Hong Kong. 28th February, 1940.

HONGKONG SAVINGS

BANK.

The Business of the above Bank is conducted by the HONG KONG AND SHANGHAI BANKING CORPORATION. Rules may be obtained on application. FOR THE HONG KONG AND SHANGHAI BANKING CORPORATION.

V. M. GRAYBURN,

Chief Manager, Hong Kong, 1st March, 1937.

ef censor. It has been decided standpoint of economic and politi-present at the conference, includ-. t no permit will be granted cal unity undoubtedly two Ameri-ing Mr. Cordell Hull, U.S. Secret- present.

cas still exist.

ary of State, who is expected to The South American delegates address the delegates to-day. are anxious to consider any U.S.] Since his arrival on Saturday, proposal that might solve the Mr. Hull has been discussing with With increasing confidence problem of lost markets, owing the other delegates the most ur- the yen owing to the European to the European war but some gent problems which the Confer- war, the Japanese Finance Min- The demand rate on the Hong scepticism is noted in regard to ence will consider in detail.

istry is alleged to be considering ng dollar to-day was 1/2 7/8.

the practicability of the U.S.

So far, there has been no off-the possibility of increasing the The cross rate London/New plan.

cial indication of what these are, yen value in terms of the United Authorised Capital rk was quoted at £-U.S.$4.- In regard to the preservation of but news agency reports state States dollar, according to the Paid-up Capital

and the New York/London peace in the Western Hemisphere that they will include the safe-"Miyako Shimbun" in Tokyo yes-

it seems likely the discussion will guarding of the Western Hemi-terday.

je at £-U.S.$3.90.

RAVEL A.-O. LINE

TO

AUSTRALIA

CALLING AT MANILA, THURSDAY ISLAND,

CAIRNS, TOWNSVILLE, BRISBANE, SYDNEY AND MELBOURNE, ETC.

NEXT SAILING

END OF JULY, 1940.

For Freight or Passage, apply to :-

BUTTERFIELD & SWIRE

Agents

Hong Kong, China & Japan.

Tel. 30332

NDO-CHINA

TEAM NAVIGATION COMPANY, LTD.

OPERATING SERVICES FOR

CARGO and PASSENGERS

O--SWATOW, SHANGHAI, TSINGTAO, CHEFOO- AND TIENTSIN:

KOBE AND OSAKA

INGAPORE, PENANG AND. CALCUTTA

SANDAKAN, HAIPHONG

All steamers. borth alongside the Roosevelt Terminal in the French -Concession—at Shanghai, whero- passengera and cargo are landed.

Further Particulars Please Apply To

JARDINE, MATHESON

& CO. LTD.

·GENERAL MANAGERS. TELEPHONE – 30311.

sphere from foreign aggression Present dollar-yen official rate and infiltration and the future o! Havas.

the possessions in the Americas of European power-Reuter.

L

NEW POLICE

ENORMOUS SOCCER OFFICIALS DYNAMO

(Special to “China Mall")

THE BANK OF EAST ASIA, LTD.

.$10,000,000.00 5,590,000.00 Reserve-and -Undivided.

Profits

2,003,281.50

HEAD OFFICE:-HONG KONG 10, Des Voeux Road, Central.

BOARD OF DIRECTORS:~~ Hon. Sir Shou-son Chow, Chairman; Koon Chun, Esq., P. K. Kwok, Esq., Wong Yun Tong, Esq., Chan Ching Shek, Esq., Li Lan Sang, Esq., Wong Chu. Son,. Esq., Kan Ying Po, Esq. and Fung Ping Wah, Esq.

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

Ainoy.

Manila

At  meeting of the Police Sports Board held yesterday, the following-were-elected-to-the BRANCHES AND AGENCIES:- A-1,110-TON DYNAMO, AS-Football-committee for the season. Tatavin Melbourne SERTED TO BE THE LARGEST Chairman: Mr. A. R. S. Major. Bombay IN THE WORLD, INTENDED TO] Secretary: Mr. J. Riddell.

Calcutta Haiphong Association GENERATE ELECTRIC POWER

Representative: Hankow FOR THE GROWING INDUS-Mr. T. J. Stokes.

Honolulu TRIES OF NORTHERN

Kowloon London

KOREA

Team Manager: Mr. N, B. Kobe Fraser. Captain:-Mr. R. North.

AND SOUTHERN MANCHUKUO, WAS SHIPPED YESTERDAY FROM JAPAN TO THE HOH Vice-Captain:-Mr. C. Black- DOH PLANT ON THE YALU burn and RIVER.

The dynamo was entirely. built in Japan and is capable of gen- erating 120,000 kilowatts. Con- struction took three years.

Committee Member: Mr. Dowman.

Seattle Samarang

Nagasaki New York Paris

Shanghai

Singapore

Sourabaya

Poiping

8wntow

Penang

Sydney

Rangoon

Tientain

Sulgon

San Francisco

Vancouver

Every description of Banking and Loans Exchange business transacted, C. granted on approved securities.

THE CHARTERED BANK OF INDIA, AUSTRALIA AND CHINA.

The engine is so huge and com- plicated that its dismantling for shipping took a whole month. Incorporated by Royal Charter, 1853. Loading of the various parts on Pald-up Capital

... £3,000,000 freighter took thres Reserve Fund

£3,000,000 Reserve Liability of Pro-

prietors

£3,000,000

board the days.-Havas,

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

52, Mosley Street, Manchester, 2.

AGENCIES AND BRANCHES:

XTanhow

Penang Harbia

Alor Stor

Amritsar

Bangkok

Batovis

Hongkong

Ilollo

Itangosa

Saigon

Beremban

Atungbai

rachi

Slugspors

Agencies:

Klang

Sitiawan

Clive Street

Fairlie Fin Kuala Lumpur

Connora.

melting fadraa

Tongkah

Janila

(Phuket)

Medan

Taingtao

New York Feiping

(Peking)

Yokohama

Cebu

Colombo Delhi Halong Hamburg

FOREIGN EXCHANGE and General Banl.ng Business transacted,

· CURRENT ACCOUNTS opened and FIXED DEPOSITS received for One

Current Accounts opened in Local Currency and Fixed Deposits received for one year or shorter periods in Local and Foreign Currencies on terms which will be quoted on application.

Safe Deposit Boxes To Let.

-KAN TONG' PO.

Chief Manager.

THE WING ON BANK, LIMITED.

Head Office: Hong Kong. 26, Des Voeux Road, Central. Authorised Capital $10,000,000 LONDON BANKERS- Westminster Bank, Ltd. Foreign Exchange and every description of banking business transacted.

Current Accounts' and' Savings Accounts opened. Fixed Deposita received at rates which will be quoted, on application..

Safe Deposit. Boxes for hire,

PHILIP GOCKCHIN, A

Chief Manager.

FOR SALE

A selection of the best varieties of RELIABLE and TESTED FLOWER AND VEGETABLE SEEDS

Mesars. Suttons & Sons, Reading. „Messrs. Atles Burpes & Co,

· Philadelphia ·

Year or shorter periods in Local or Messrs. Arthur Yates & Co., Ltd, Other Currencies al rates

ક

be quoted' un application.

which will

SAVINGS ACCOUNTS..alsu,opened.in| $.......

Bydney

Local Currency and Sterling with in- The opportunity of serving you -your terest allowed at rates obtainable on will be a pleasure and application.

commands will have our best The Bank's Head Office in London attention. undertales Executor and Trustɗo bual- ness, and claims recovery of British Income Tax overpaid, on terms, which may be ascertained .nt any of the Agencies and Branches.

R. A, CAMIÓGE,

Manoger,

GRACA & CO.

No. 10, Wyndham Streat.

P. O. Box 620 Hong Kong.