1940-10-30 — Page 13

·HONGKONG & SHANGHAI

BANKING CORPORATION.

Authorised Capital

.$50,000,000.

Issued and Fully Paid-up ...$20,000,00 Reserve Funds:-

Sterling

Hong Kong Currency Re

nerve ...seka Reserve Liability of Pro-

prietors

י,

£ 6,500,000

$10,000,000

.$20,000,000

HEAD OFFICE: HONG. KÒNG.

BOARD OF DIRECTORS: H. V. Wilkinson, Esq., Chairmam,

Hon. Mr. J. J. Paterson, Deputy Chairman.

་་་་

J. E. Bousfield, Esq.,

Hon. Mr. B. H.

Telephones (Old) $231⁄4 b., $23.-A. H. Compton, Esq.,

70 sa.

Telephones (New) $9.55 b.

INDUSTRIALS H.K. Ropes $0.10 b., $6.35 s.

STORES, &C. Watsons $8.90 b., $9.10 s.

MISCELLANEOUS Entertainments $6% b. Vibro Piling $8 s.

LAST DAY'S BALES 200 Lands @ $30% 600 Lights (Old) @ $6% 150 Electrics (Old) @ $37 100 Telephones (Old) @ $23.70.

STOCK EXCHANGE QUIET

Dodwell,

G. Mistin. Eng.,

K. 8. Morrison, Esa.

Hon, Mr. T. E. Pestos, 0. G. Boberts, Esq., Hon. Mr. A. L.

Shields,

Sir Vandeleur M. Grayburn, Chief Manager.

BRANCHES:-

Rangoon

Galgon

San Francisc@

Shanghai

Amoj

1pch

Bangkok

Johore

Batavia

Jobo

Bombay

Kowloon

Calcutta

Kuala Lumpur Singapore

Canton

London

Sourabaya

Chatoo

273

Bungai Petani

Loiotabo Dairen Foochow

Maison

Swalow

Manlle

Tlontsia

Muar (Jobors) Tokyo

Mikdon

Telogteo

New York

Yokohama

Falping

Haiphong Hankow Harbla

Iloilo

Penang

Current Accounts opened in Local Currency and Fixed Deposits received | for one year or shorter periods in LoGA), and other currencies on terms which will be quoted on application.

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

- Hong Kong, 28th February, 1940,

HONG KONG SAVINGS BANK.

The Business of the above Bank -fa

FOR THE HONG KONG

V. M. GRAYBURN,

AND

Chief Manager,

THE BANK of East

If ever the school was jeopar-

The London Stock Exchange dised and its reputation in dan-

To say that what Dr. Ts'o did yesterday was generally quiet but ger this was a glaring example.

had imperilled the school was go- there was some renewed interest Mr. Potter had said that Dr. ing too far. There had been no in industrials in which breweries Ts'o's actions

as to suggestion that because the loan and tobaccos were prominent. conducted by the HONG KONG AND were such make a case for unfitness

held up, Mr. Huang was Among oils Trinidad issues were | SHANGHAI BANKING CORPORATION. trustee. Was the school ever in obliged to do what he did.

The steps he took to meet the tionally lower while Kafirs were SHANGHAI BANKING CORPORATION. supported. Gilt-edged were frac Rules may be obtained on application. danger, in dire plight, by any act of Dr. Ts'o? Mr. Potter made out

building obligations was to use heavy. After hours it was an- school, disregarded the interests that the school was on the brinkmarked for other special purposes. not declaring an interim dividend. Hong Kong, 1st March, 1937,

school fees and other money nounced that Anglo-Iranian were of ruin and only saved by the The Chairman could not sanc-efforts of Mr. Huang in patching Here Mr. Huang had acted un- This is the first interim passed tion the use of other money,

It up matters Dr. Ts'o had done, his wisely and improperly, but in all since 1934. Wall Street was quiet.

sincerity. would have been a flagrant breach best to spoil.

Reference was then made to of trust if he had ordered the pay- Dr. Ts'o's action was refusal of the holding up of the

Govern ment of money set aside for a a loan to the school from Mr. ment grant, Meetings of specific trust.

Butt of Macao. In consequence of School Council had been held and Mr. Huang saw fit to employ this, the building might have been it was decided that a declaration of trust on the building would be made. Mr. Huang refused to sign the declaration and, according to Mr. d'Almada, his real reason for not assigning the property

was. not fear of the debts incurred but other reasons.

TRAVEL A.-O. LINE

TO

AUSTRALIA...

CALLING AT MANILA, THURSDAY ISLAND,

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

NEXT SAILING

MIDDLE OF NOVEMBER, 1940

For Freight or Passage, apply to :-

BUTTERFIELD & SWIRE Agents

Hong Kong, China & Japan.

Tel. 30332.

INDO-CHINA

STEAM NAVIGATION COMPANY, LTD.

OPERATING SERVICES FOR CARGO and PASSENGERS

»TO—SWATÓW SHANGHAI," TSINGTAO,

CUFFCO AND. TIENTSIN

SINGAP.

MORE AND OSAKA

DENANG, AND CALCUTTA BANDAKAN, HAIPHONG

All orgamers berth, arùngside the Rons Terminal in the French Comension at Shanghal, where „puscolather and cargo are landed

Fur

dars Please Appij

AMATHESON

GENERAL MANĄCY TEX

-Reuter.

the THE MERCANTILE BANK

OF INDIA, LTD.

HEAD OFFICE: 15, Gracechurch Street, London, E.C.B. Authorised Capital Subscribed Capital Reserve Fund & Rest Paid-up Capital

BANKERS:

ASIA, LTD.

Authorised Capital Pald-up Capital Reserve and Undivided

Profits

-$10,000.000.00

5,593,600.0

2.983,281,50

HEAD OFFICE:-HONG KONG 10, Des Voeux Road, Central, ...£3,000,000 1,800,000

BOARD OF DIRECTORS:- 1,030,000 | Hon. Sir ·Shou-son Chów, Chairmany 1,254,639 | LI Koon Chun, Esq., `P. K. Kwok, Esq. Wong Yun Tong, Esq., Chan Ching Shek, Esq, Id Lan Sang, Esq., Woog Chu Son, Esq., Kan-Ying Do, Esq, and Fung Ping Wah, Esq.

The Bank of England and Midland Bank, Ltd.

Owing to the resignations of the Hon. Treasurer, and some un- easiness' of Dr.. Ts'o regarding the accounts, Dr. Ts'o took the initiative and stopped the

Bangkok loan Bombay and grant. There had been an Calcutta embezzlement of $4,000 by a bur- Colombo sar and if Dr. Ts'o took the ac- Galle Dolhi tion of: withholding the loan, did Rong Kong that show the unfitness

Howrah of Dr. Ts'o to be a member of the Coun-

Ipoh cil. Mr. d'Almada asked.

The case is proceeding.

MISAPPREHENSION

ABOUT LICENCE

Stating that the radio and its

BRANCHES:

Jaffa Kunutan

Fan Tong Po, Esq., Chief 'Manager. Li Tse Fung,` Esq., Maunger,

Manila

Melbourns.

Kandy

Madi is New York Penang

Korachl

Rangoon

BRANCHES AND AGENCIES:

Kota Bharu

Shanghai

Seattle

Amoy

Kuala Lumpur Bils

Batavia

Semarang

Kuala Lipis

Singapore

Bombay

Nagasaki

Shanghai

Knol

Calcutia

New York

Trengganu

Haiphong Hankow

Parin

Singapor Boursbays

Peiping

Bwntow

Honolulu

Penang

- Hangoon

Saigon

HONG KONG BRANCH Every description of Banking and Exchange business transacted.

TRUSTEE AND EXECUTORSHIP UNDERTAKEN.

CURRENT ACCOUNTS opened Local Currency and FIXED DEPOSITS received in Loeat Currency. & STER- LING on terms that may be ascertain ed on application:

D. BENSON,

Manager.

licence were presented to him by THE CHARTERED BANK a friend, K. N. Wong, of No. 43. OF INDIA, AUSTRALIA Fuk Wah Street, was fined $10 at Kowloon this morning for the

AND CHINA. possession of a radio-set without Incorporated by Royal Charter, 1853.. a licence,

Accused said he did not know | Reserve Fund

Paid-up Capital

it was necessary to have a licence Reserve Liability of Pro of his own.

prietors..........

£3,000,000, £3,000,000.

£3,000,000

HEAD OFFICE: LONDON: 38, Bishopsgate, E.C.2. Sub-Agencies. In London: 117/123, Leadenhall Street, E.C.2. West End Branch: 14/10, Cockupur Street, S.W.1. Manchester Branch:

52, Mosley Street, Manchester, 2.

AGENCIES AND `BRANCHES:

Alor Star

Amritsar

Bangkok

·Batavia-

Bombay

Calcutta

Harbin

Hankow.

Penang

Rangoon

Hong Kong

Baigon

Ifollo

Seromund

Ipoh

Blingbal

Karachi

Singapore

| Agencies: '-Klang

Oliva Stroes Kobe

Fairie Place: Kuala Lumpur Taiping

Fitiawan

Bourbaya

Carlton

Kuching

Cawnpore

Madre

Cebu

Manila

Tientsin Toska

(Bhuket)

Oolarnbo

Medan

Tsingtan

Delhi

New York

Tokohama

Haiphong

Pulptag

Treking)

Kobo

Howloon

London

San Francisco

Bydney

Tiantala Vancouver

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

Current Accounts, opened in Local Currency and Fixed Deposits received For one year of shorter. periods" to Local and Foreign Currencies on terms [which will be quoted on application.

Safe Deposit Boxes To Let.

KAN TONG. PO,

Chief Mannger.

__THE_WING_ON BANK,

LIMITED.

Head Office: Hong Kong. 20, 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 Deposits received at rates which will be quoted on application.

Safe Deposit Boxes for hire,

PHILIP GOCKCHIN,

Chief Manager.

Hamburg

ARE INVITED TO INSPECT OUR

'STOCK OF

ASIATIC, FOREIGN AND COLONIAL

FOREIGN EXCHANGE and General POSTAGE STAMPS

Banking Business transacted.

CURRENT ACCOUNTS opened --and TIXED DEPOSITS received for. Ond Year or shorter periods in Local or Other Currencies at rates which will bo quoted en application:

|| SAVINGS ACCOUNTS also opened. ja Local Currency and Sterling, with "in- terest allowed cat ratéa, obtainable on application..

The Bank's Head Omer in London undertaken Executor and Trustee busi- ness, and claims recovery of British Income Tax overpaid, on ferma, which may be ascertained at any of the, Agendles and Branchen. ⠀

BA CAMIDGE, ».

-Monnivar.

IN SETS, SINGLE, PACKETS.

·BAGS AND IN APPROVAL SHEETS.

GRACA & CO.

Dealers In Postage Stamps, Philatelic Goods, Pletures. Postcards, Religious Goods,

g Garden · Jeeds, &"'etc, No. 10, WYNDHAM STREET, P. O. Box No. 620. HONG KONG.