1941-02-24 — Page 13

HONGKONG & SHANGHAI

BANKING CORPORATION.

Authorised Capital

$50,000,000

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

Sterling

Hong Kong Currency Re-

servo

Reserve Liability of Pro-

prietors

0,500,000

$10,000,000

.$20,000,008

HEAD OFFICE: HONG KONG.

BOARD OF DIRECTORS: Hon. Mr. J. J. Paterson, Chairman.

W. H, Lock, Esq., Deputy Chairman.

J. K. DousBeld. Esq., O. Miskin, Esq... A. H. Compton, Esq., R. B. Morrison, Esq. L. J. Darion. Enqu Hon. Mr. T. K. Porrow, Hon. Mr. 8. H.Dodwali,Hon. Mr. A. 1, Ghlašč

Sir Vandeleur M. Grayburn Chief Manager.

BRANCHES:-

Amoy

Bangkok Batavia

Ipoh Jobora

Kobe

Bembey

Kowloon

Calcutta

Canton Chefoo

Hano Saigon

San Francisce Shanghai

Huala Lumpur Singapore

Bourabaya

Snogei Patent

Awałow

Tintain

London

Lyons

Colombo

Malroom

Daina

Manila

Foocho

Muar (Johor) Tokyo

Baiphong Hankom Harbia

Mukden

Tringiso

New York

Yakond

Pelping

oilo

us

Penang

in

ACCOUNTS opened CURRENT

FIXED DEPO Local Currency and SITS received for One Year or shorter periods in Local and Other Currencies

On

on

terms which will be quoted application.

SAFE DEPOSIT BOXES of various Bizes To Let.

TRUSTEE and EXECUTOR businesą

Gentlemen,The amount at the credit of Profit and Loss Account Is $294,438.71 less than for 1939 and this difference is readily ex- plained by four items -- fewer Property Sales, the first appear- auce of War Taxation, a special which, though 25 cents lower than! donation to the successful War last year, was considered advisa- Fund inaugurated by The Southble in view of the uncertain state

The Reserve is composed of the China Morning Post. Ltd., and a of the world today.

Chinese Company, Indian Cum- drop in the prom of the Glouces-Dividend of $1.50, the same as Iur!

1939, is reet mmended which }

pany, the Flying Squad and the ter Hotel.

Emergency Unit. The last three found sath.factory trust will be

have already almost reached ma- especially by Shareholders

ximum strength and the increase membering the extra items the debit side of the Accounts

now proposed in the Police Re-undertaken. For seven weeks the owner and serve must therefore be achieved Hong Kong 13th December, 1940. which I have mentioned already.

in the War stuff

increase On the present basis,

West End mainly by a London

HONG KONG SAVINGS Taxation is the equivalent

jeweller's shop spent several hours strength of the Chinese Company.

BANK. 35 cents

I appeal therefore to all young approximately

a day patiently sitting the wreck-

race who have age of the shop-hit by a bomb-men of Chinese

The Business of the abuve Bank is to salvage some of the stock.

not yet joined one or other of the

Defence organisa-conducted by the HONG KONG AND Jewellery, worth Colony's Civil Much of the

take SHANGHAI BANKING CORPORATION, was beyondtions to come forward and thousands of pounds,

FOR THE HONG KONG SHANGHAI BANKING CORPORATION. was salvaged Mr. Yeo, head of the Colony by joining the Police Re- Young men who are keen

V. M. GRAYBURN, firm, opened up in another West serve.

Chief Manager. on games and an outdoor life will End thoroughfare.

find the Police Reserve work al-Hong Kong. 1st March, 1987. When Mr. Yeo, and his staff traclive. I appeal also to all em- arrived at their new premises,ployers, both European and they found a gaping hole in the Chinese, encourage Chinese "peep window." It had been young men in their employ to vo stripped clean of the jewellery. lunteer for the Police Reserve, and Smash-and-grab ralders, un-where necessary to grant them the noise of the facilities for training and duty. In barrage, had completed the dirty present circumstances this should job Hitler's airmen set out to not involve any interference with their normal work as both train- "Hanging is too good for theseing and duty are carried on out- rats who take advantage of air side office hours. raids to rob people who are try-

Sales naturally vary from year to year, War Taxation and dona- tions are payments that can be

with met

dissentient voice whilst the falling away of trade

There is a slight increase in the in the Gloucester Hotel was only to be

existing proposed carry forward to take expected under

the small balance of the this up erditions. The decrease in Jotter is $65,165.49 all coming amount available for distribution recovery or repair. But with what their shure in the defence of the Rules may be obtained on application

added $10,000. to within the last half-year's work-ufter having

Reserve ing.

the transfer to General bringing this latter figure up Lo $6,400,000,

Office Demand

Mr. J. A. Tarrant seconded the

carried unanimously.

Throughout the year under re-adoption of the report, which was

now

been

in

view, office space has steady demand and at cdd times only have any rooms been with- out tenants. Windsor House is completed except for the ground-floor and I am glad to say that the entire area was let at reasonable but remunerative rates some months before the roof was Your rent revenue has reached.

been added to further by the pur- chase of No. 11 Queen's Road, Central, a most valuable property and your Company now owns the north side of Queen's Road from Marina House to No. 7, both build- ings included.

It is intended to redevelop Nos. 11 & 13 Queen's Road, Central, a an extension to Windsor House but careful consideration is necs- sary having in mind the present difficulty of obtaining various con- structional materials, the cost and the prospective need in the near future of office areas.

There are inree Sales to record. No. 298 The Peak, a private resi- dence standing by itself, and two small lots of Chinese tenements-- Nds. 20/26 Johnston Road and Nos. 250/208 Wanchai Road; the profits obtained have been trans- ferred to General Reserve as cus- tomary,

Mortgage Position

has

In respect of Mortgages, the Chairman last year spoke of their satisfactory position and it been found possible to transfer $60,000. back to General Reserve as shown in the figures betore you. Your Company's final interest is in a block of four Chinese tene- ments and a further write-back is anticipated when these are sold ultimately.

Mr. A. H. Compton and the Hon. Mr. M. K. Lo were re-elected as Linstead Directors and Messrs. and Davis, were reappointed au-

ditors,

LOCAL SHAKES

H.K. GOVT. LOANS

der cover of

do.

10

The training for the Police Re-

Part 1-Squad Drill. Part 11-Knowledge of Police

32% Loan (1934) 941⁄2 b., $95 s. ing to keep their staff in employ-serve is divided into three parts:

BANKS

Bank of East Asia $76 b.

INSURANCES

Canton Ins. $215 b. Union Ins. $411 b. H.K. Fire Ins. $170 b. DOCK8, WHARVES, GODOWNS, ETC.

Providents $5 b.

LANDS, HOTELS & BLDGS. H.K. and S. Hotels $3.60 s.

Lands H.K.

4% Debentures

972 b. Humphreys $7.05 s.

H.K. Reaities $3.40 s.

ment and to carry on," Mr. Yeo told a reporter.

"The Germans will never

break the spirit of the West End business mañ, but these thieves, who prowl around in raids, come near doing it.

duty.

Part II-handling and firing of revolvers.

THE BANK OF EAST

ASIA, LTD.

Authorised Capita: Reserve and Undivided Paid-up Capital

Profits

-$10,000,000.00

3,583,600.00 2,983,201.50

MEAD OFFICE:--HONG KONG 10, Des Voeux Road, Central,

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

Kan Tong Pa, Esq., Chief Manager. Hon. Mr. Li Tse Fong, Manager.

Bombay

After training the work of Po lice Reservists is similar in all res- "It is going to be difficult for uspects to that of members of the re- Police Re- now-but I suppose

we must do gular Police Force.

to Amor now doing duty servists are the best we can."

supplement the regular Police Batavia Force.

Cakutia Applications to join the Police pheng

to Hankow be addressed

Bonatulu BARRED BY MISTAKE Reserve should

the Deputy Commissioner of Po-

Bobe Bowlcom lice Reserve who will be glad to supply any further information Loodon required.

Morrison, Mr. Herbert

Home with Secretary, admitted

regret in Parliament that by a mistake b., several railwaymen had been re- Home fused membership of the sa. | Guard by a railway company owing to a secret report of the police.

PUBLIC UTILITIES HK. Tramways $171⁄2 b., $174

s., $17.60/14 sa. China Lights (Old) $6.15

$64 sa. H.K. Electrics (Old) $421⁄41⁄4/42 H.K. Electrics (New) $42 sa. LAST DAY'S SALES 900 Trams @ $17.60 200 Trams @ $171⁄2 100 Electrics (Old) @$42. 400 Electrics (Old) @ $42 33 Electrics (New) @ $42.15 33 Electrics (New) @ $42

COMPULSORY

SERVICE TRIBUNAL

He said that there is, from the police point of view, no objection to the enrolment of these men.

18 SAILORS RAISE £90

First action of the crew of eigh- It is announced that a public teen of a Norwegian tramp which session of the Compulsory Service berthed at an English port was to In the Profit and Loss Appropri- Tribunal will be held on Friday, "pass the hat round" among them- ation Account you will see that an 28th February, 1941, at 9 a.m. in selves as soon as they had drawn Interim Dividend of $1. per share the Council Chamber, Colonial their pay, to help to buy Britain a was decided upon by your Board Secretariat.

fighter plane. They raised £90.

Welcome is always on the Doormat

C. A. PERDUE. Acting Commissioner of Police,

THE CHARTERED BANK OF INDIA, AUSTRALIA

AND CHINA. Incorporated by Royal Charter, 1853.

Paid-up Capital Reserve Fund Reserve Liability of PTO-

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 Street, E.C.2. West End Branch:

14/16, Cockspur Street, S.W.L Manchester Branch: 82, Mosley Street, Manchester, 1

AGENCIES AND BRANCHESI

Hankow

Penang Bong Long

Alor Star

Hangooo

Axaritanz

Bangkok

Iloilo

Balgon

Batavia

Ipolu

Beremban

Bombay

Karachi

Shanghai

Calcutta

Kigog

Blagspore

Agencies Robe

Stavan

Clive Strest

Kuala Lumpur Bourabaya

we

Taiping

Tientda

Tongkah

Keden New York

•Peiping

(Reblog)

(Phuket)

Tangis

Yoko ume

You are welcome want you to feel free to come here, any time and ask questions about your

· do not feel that you have to buy anything.” We'll be glad to help.

car

Bring Your Car Home

SERVICE

FOR SERVICE

DODWELL'S

SERVICE

(8) MURRELS, #T. HONG KONG,” TEL, "HAÉR LI, HẠT NAM LOẠI HỘI

Madra

Mandin

Fairlie Flab Kuching. Canton Uawnpore Coba Colombo Deli

Haiphong Hamburg

FOREIGN EXCHANGE and Generat Banking Business transacted.

CURRENT ACCOUNTS opened and FIXED DEPOSITS received for. One Year or ahofer, periods in Iical or Other Currencies at rates which, wip be quoted en application.

BAVINGS ACCOUNTS also opened to Local Currency, and Sterling with terest allowed the rates oblonable, on application. Y

The Bank's Head Oméo in Lahtion, undertakes Exébutor and Truster: busi- new, and claims recovery of Britian Income Tax överpaid, on terms whitch- may be ascertained at any of the 'Agencies and Branches.

R A CAMIDGE,

'Manager

Manila Melbourne Nagasari

BRANCHES AND AGENCIES:-

Besitle

Samarss

Bhangha

New York

Kingspor

Parla

Palping

Bourabaya Bestow

Pacians

Bangoos

Balzon

Ban Prancisco

Sydney

Tientsin

VEDOOD TRE

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

terms

Current Accounts opened in Local Currency and Fixed Deposits received for one year or shorter periods in Local

Currencies on and Foreign 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 Deposits received at rates which will be quoted on application.

Safe Deposit Boxes for hire.,

PHILIP GOCKCHIN,

Chief Manager.

FOR SALE

Hong Kong Centenary Envelopes

with View

y of Hong Kong in 1841 and 1941

for

First Day: losun' of

Centenary Stamps

at $1.00 per doz. envelopes GRACA & CO. Dealers in Postage Stamps, Garden Seeds, Picture Books, eto No. 10, Wyndham Street