THE CHINA MAIL, AUGUST 15, 1940
FRANCE TO BANKER WORK TO ORDERS
-(SPECIAL TO "CHINA MAIL"),
M. Rene Belin, Vichy Minister of Production'
SHOT BY
BODYGUARD
(SPECIAL TO "CHINA MAIL")
BRITAIN'S MERCHANT FLEET
LOCAL SHARES
BANKS
Hong Kong Bank $1175 b.
INSURANCES
Canton Ins. $215 s.-
Union Ins. $350 b. H.K. Fire Ins. $136 sa.
ETC.
H.K. Docks (Old) $14
b.,'$15
CONTRABAND CARGOES DOCKS, WHARVES, GODOWNS, SEIZED IN NEUTRAL SHIPS DURING JULY WERE MOSTLY BOUND FOR ITALIAN PORTS AND IN SOME CASES SAILED BEFORE ITALY'S ENTRY INTO THE WAR. ·
The navicert system introduced | on August 1 is reported to be
applications the second week were
and Labour, has secured Chang Hsiao-ling, pro- the Petain Government's minent Shanghai banker working well and the number of approval of a new decree and Chinese Counsellor of 50 per cent, more than in the first regulating the duration the French Concession, week, of the working week.
There are now 71⁄2 million more!
to the Allies than when war be-
was shot in his home yes-gross tons of shipping available Aiming at "a better distribu-terday by one of his body-gan.
guard.
tion of employment among work- ers until the restoration of nor- mal economic conditions," the decree authorises all prefects to fix in their respective territories the duration of the working day in each profession or in the speci- |fied category of employment.
.
The bodyguard is understood to
demanded an have
increase in salary. Chang refused, heated argument ensued.
and a
The British Empire had about| 21 million tons, counting ves sels over 100 tons. Owing to captures, building and
flag transfers, the total was now slightly over 21 millions despite lostes, while 72 million were available from Norway, the Netherlands and other Allies. The advantages obtained in re- months have compensated cent The duration of working
for the much longer distances time might be shorter than that
The first bodyguard has been which the vessels must
go for provided by general legislation arrested,
supplies. Reuter. on fabour,
maximum
The
Another bodyguard interven- ed but was unable to prevent the first bodyguard, from shoot- ing both Chang and the would- be peace-maker.
Chang Hsiao-ling was born in number of overtime hours can-Hangchow in 1876, and was for- not exc.ed 70 hours a
a director of the China year, merly
be Merchants S. N. Co. and a former
while the employed will compelled to pay cent tax on all overtime.
a 20 per director of the Chungwai bank salarles
forlund other important concerns.
Havas.
New labour legislation aims to facilitate the adaption of each region and each profession to its economic condition.
The coal industry, for instance,
B.F.R.D.C.
will be allowed to work longer ACCOUNTS
-Havas.
while
EMPIRE CONTROL OF SUPPLY
sa.
H.K. Docks (New) $14.40 5, Providents $312 b.
LANDS, HOTELS & BLDGS. H.K. and S. Hotels $3.30 b. H.K. Lands $314 s. Humphreys $03⁄4 sa. H.K. Realties $32 5.
PUBLIC UTILITIES H.K. Tramways $14.90 b. Star Ferries $571⁄2 b. Yaumati Ferries $21 b. China Lights (Old) $6.40 b. China Lights (New) $3.35 b. H.K. Electrics (Old) $37 sa,
INDUSTRIALS Cements $14% b.
HONGKONG & SHANGHAI
BANKING CORPORATION.
Authorised Capital
Issued and Fully Paid-up...$20,000,000 Reserve Funds:-
Sterling
Hong Kong Currency Re-
şerve
Reserve Liability of Pro-
prietors
$50,000,00
..£ 6,500,000
.$10,000,000
$20,000,000
HEAD OFFICE: Hong Kong.
BOARD OF DIRECTORS: H. V. Wilkinson, Esq., Chairman,
Hon. Mr. J. J. Paterson, Deputy Chairman,
J. K. Benafield., Esq., K. S. Morrison, Esq. A. 7. Compton, Esq.,T. E. Pearce, Esq., Hon. Mr. S. u.
C. C. Roberts, Esq., Dodwell, Hon. Mr. A. L. 9. Miskin, Esq.,
Shields, Sir Vandeleur M. Grayburn, Chief Manager,
Rangoon
Saigon
San Francis Shanghel
Sourabaya
BRANCHES:~
STORES, &c. Watsons $8.20.b.
ADDDY BeLgkok Fluturia Bombay
Ipoh
Jobore
Sobe
Kowloon
Calcutta
Kuala Lumpur Singapore
Canton
London
LAST DAY'S SALES 100 Docks (Old) @ $15 250 Humphreys @ $6% 100 Electrics (Old) @ $37
Chefoo
Lyon:
-Sungei Patant
Colomba
Malacca
Awplow
Dairen
Manila
Tloutain
Foocho
Muar (Joboro) Tokyo
Baiphong
Mukden
Tringloo
Hankow
New York
Tokohama
LOCAL 'DOLLAR
Harbin
Peiping
Iloilo
Penang
Currency and Fixed Deposits received
The demand rate on the Hong' Current Accounts opened in Local Kong dollar to-day was 1/2 7/8., for one year or shorter periods in Local
London Silver was quoted at 23 7/18 for Spot and 22 11/16 for will be quoted on application. forward.
and other currencies on terms which
ALSO up to date SAFE DEPOSIT The cross rate London/New BOXES in various sizes TO LET. York was quoted at £-U.S.$4.-
Hong Kong, 28th February, 1940, 0250 and the New York/London [rate at £--U.S.$4.00 1/4.
HONG KONG SAVİNGS BANK.
REACTION ON STOCK EXCHANGE
The Business of the above Bank fa conducted by the HONG KONG AND SHANGHAI BANKING CORPORATION, Rules may be obtained on application. FOR THE HONG KONG AND SHANGHAL BANKING CORPORATION.
V. M. GRAYBURN,
Chief Manager.
THE BANK OF EAST ASIA, LTD.
Asked in the House of Com- hours because of the shortage of
mons whether the British Gov- coal throughout France,
THE AUDITED ACCOUNTS OF ernment would consult with the opened brighter and more active Hong Kong, 1st March, 1837.
The London Stock Exchange; other industries, whose products THE BRITISH FUND FOR THE Governments of the Dominions are plentiful, will not be authoris- RELIEF OF DISTRESS IN and other parts of the British tivity was subsequently reduced in all groups yesterday but ac- ed to surpass, a given limit fo: CHINA, FOR THE PERIOD Commonwealth with a view
10 with the duration of the working day. JANUARY-JUNE, SHOW NEW concerting
a consequent reaction in measures similar to prices though small net gains in RECEIPTS OF OVER $88,500, those recently adopted by the most cases were retained. WITH A TOTAL ON THE IN-United States for the purpose of COME SIDE, INCLUDING THE conserving supplies of all vital ed early improvements,
Kaffrs, Coppers, rails maintain- AMOUNT BROUGHT FORWARD war requirements for the needs Foreign Government banks were Reserve
Authorised Capital while Paid-up Capital AT SCANDAL POINT OF $147,932.53. v -
of the Commonwealth itself, Mr. Payments to, various Chinese Geoffrey Shakespeare, Under-irregular.
Street was Capt. J. F. Lawrence, of Whit-
charitable causes fleld Barracks, has reported the months, to provide relief in Wai- said that measures for the con- during the six Secretary in the Dominions Office, loss of a silver cigarette case. chow, Po On, Tungkung, Canton,trol of exports had been enforced valued at $80, and $16 in money, Shumchun, Macao, Yan Ping and in all parts of the British Com- at Scandal Point Chapel Hall, Kung Yik, Chungshan, for the monwealth since yesterday.
maintenance. of foreign doctors of the war. doing refugee work in China and
very
"
firm. Wall
Reuter.
the early days, BRITISH EMPIRE XI
MEET THE POLICE
2
IN CRICKET MATCH
for various other charitable pur- The British Government was THEFT FROM CAR poses, totalled $75,615.99, leaving in continuous touch with the
a balance of $72,310.54.
Dominions Governments and. the I Father Lina, of the Maryknoll The Board of Administrators governments of other parts of the House, Stanley, has reported the desires to express publicly its Empire as to the operation of theit of clothing and other sense of appreciation and grati-those measures in such a manner articles, valued at $20, from pri-tude to Messrs. Percy
Smith, as might be best calculated to vate car No. 467, parked in Seth and Fleming for undertaking assist their common war effort. Statue Square, yesterday.
the audit free of charge.
ARE
'Reuter.
IN
YOUR FOLKS AUSTRALIA GETTING ALL THE HONG KONG NEWS?
Try as you do, you are unable to remember, let alone afford the time to write at such length, all that happens in this colony of ours.
Never mind, for 25 cents each Wednesday, you can send them all the local news in addition to your own letters. Let us help you to keep them fully posted regarding local activities.
Hon.
Profits
and Undivided
.$10,000,000.00 5,598,600.00
2,903,201,50
HEAD OFFICE:-HONG kong 10, Des Voeux Road, Central.
BOARD OF DIRECTORS:-
Sir Shou-son Chow, Chairman; Li Koon Chun, Esq., P. K. Kwok, Esq.. Wong Yun Tong, Esq., Chan Ching Shek, Esq., Li Ian Sang, Esq., Wong- Chu Son, Esq., Kan Ying Fo, Esq, and Fung Ping Wah, Esq.
Kan Tong Po, Esq., Chlef Manager, LA Tac Fong, Esq., Manager,
BRANCHES AND AGENCIES:--
Playing twelve a side, the Me- tropolitan Police drew with the Amoy British Empire XI in a
match Batarie played on August 4.
Bombay Calcutta Batting for the British Empire Haiphong XI, Clarke, who has represented Honolulu
Hankow the West Indies in Test matches, Kobe contributed 85 to his side's score. Kowloon
The final score was:
British Empire ... 220 Metropolitan Police 213,
(for 10 wickets).-Reuter.
THE CHARTERED BANK OF INDIA, AUSTRALIA AND CHINA. Incorporated by Royal Charter, 1853.
Pald-up Capital Reserve Fund Reserve Liability of Pro-
prietors
£3,000,000. £3,000,000.
£3,000,000
HEAD OFFICE: LONDON: 38, Bishopsgate, E.C.2. Sub-Agencies in London: 117/122, Leadenhall Streel, E.C.2, West End Branch: 14/16, Cockspur Street, S.W.1. Manchester Branch:
62, Mouley Street, Manchester, 2.
AGENCIES AND BRANCHES:
Alor Star
Haukow
Penang
Amritrar
Harbin
Rangoon
flangkok
Hong Kong
Saigon
Batavia
Iloilo
Seremban
Bombay Caloutta
Stanghal
Karachi
Singapore
Agention:
Filiawan
100 Kuala Lumpur
Sourabaya
Canton
Tiental
Cawnparo
Tongkah
Monila
(huket).
Medan
Tringto
New York
Cobu Golo'nbe Dolhi.
Ipoh
Kab
Birect, Kobe
Kuching Madras
Haiphong- Felping Hamburg
(Peling)
Tolobama
Landon
Mavila Melbourne
Boattle
Samarang
Nagasaki
Shanghai
New York
Singapore
Sourabaya
Swatow
Sydney
Rangoon
Tiontain
Saigon
VADCOUTOR
San Francis00
Every description of Banking and Exchange business transacted, Loans granted an approved securities.
Current Accounts opened in Local Currency and Fixed Deposits received 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.
for
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 reccived at rates which will be quoted on application.
Safe Deposit Boxes for hire,
PHILIP GOCKCHIN,
· Chief Manager.
FOR SALE
A selection, of the best varieties of RELIABLE and TESTED FLOWER AND VEGETABLE SEEDS
"THE OVERLAND CHINA MAIL" FOREIGN EXCHANGE and General Messrs Buttons & Sons, Reading.
(The week's local and China news from "The China Mail”
and "The Hong Kong Sunday Herald")
Windsor House,
Telephone 20022
Banking. Business transacted."...
CURRENT ACCOUNTS opened FIXED DEPOSITS · received for One
and
Messrs. Atlee Burpee & Co., Philadelphia
Year or shorter periods in Local or Messrs. Arthur Yates & Co, Ltd, Other Currencies at rates which will
bo quoted on application.
Sydney t
SAVINGS ACCOUNTS also opened in Local Currency and Sterling with in- The opportunity of serving you. tercat allowed at 'rates obtainibble on will be a pleasure and your application,
commands will have our best
The Bank's Head Office in London attention.. undertakes Executor and Trustee busl- ness, and claims. recovery' of British Income Tax overpaid, on terms which may ascertained at any of the Agenda and Branchng.
R.. A. CAMIDGE,
Manager.
GRACA" & CO.
No. 10; Wyndham Street, P. O. Box 620 Hong Kong.
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Private notes are available after approval.