1941-07-09 — Page 13

HONGKONG & SHANGHAI BANKING CORPORATION.

| Authorised Copital

.$50,000,000

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

Sterling

Hong Kong Currency Re-

ВСГУС

Reserve Liability of Pro-

prietors

£ 1,000,000

.$10,000,000

$20.000,00#

HEAD OFFICE: HONG KONG,

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

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

G. Miskin, Eeq».

K. 8. Morrison, Esq.. Hon. Mr. T. E. Poarce,

Hong Kong Bank $1360 b., $1370. K. Bouefield, Esq., A. II Compton, Esq., L. J. Dertos. Eng., Bon. Mr. 8. H. Dodwell, Hon. Mr. A. L. Shields, Sir Vandeleur M. Grayburn Chief Manager.

SHIPPING

Indo-Chinas (Pref.) $80 b. Indo-Chinas (Def.) $65 b.

DOCKS, WHARVES, GODOWNG, Batavia

ETC.

Rangoon Saigon

Bed Frecalc Shanghai

Kuala Lumpm Slugspors

Berurabaya

BRANCHES-

Ipoh

Bangkok

Jobore

Koba

Bombay

Kowloon

Calcutta

H.K. Docks $15.80 s.

Canton

London

Bri-

Providents $5.85 b., $6 s., $5.80/- Chefoo

85 sa.

Lyons

Colombo

Maisons

Dairen

Manila

of

Foonbow

Moar (Johor) Tokyo

LANDS, HOTEL & BLDGS. Н.К. and S. Hotels $3.35 b., Harbin

$3.35/40 58.

Haiphong Bankow

Mulden

Tlogtoo

New York

Paiping

[lollo

to

At the same time, however, trade As was expected, Great and munitions experts in the U.S. tain took the largest part pointed out that the United States America's 1940 arms exports, the continuing shipments to British figure of $176,301,212 be- Japan of a number of commodi- ing approximately 54 per cent. America's grand total ties which, while not falling into of

export of $328,883,814. the category of war material, are arms nevertheless essential to Japan's Canada took 1940 shipments

Chief among these the amount of $22,663,217. war effort. shipments are petroleum, partic- ularly gasoline, cotton and iron Extent Of U.S. Aid and steel semi-manufactures,

The important part which the The latest trade statist es reveal United States is playing in

effort British Empire's war that whereus American exports buti

of petroleum to Japan stood at strikingly demonstrated when the 50,

Great Britain $6,510,000 worth in December of 1940 figures for in

lust

with and Canada are compared with year 85 compared

of $31,438,389 $4,651,000 a year previous, Decem- the 1939 figures ber cotton exports amounted to and $2,870,800 respectively. but 9.000 bales as against 124,000 Impressive as are the 1940 fig- Iron and ures for

material actually for December of 1939.

Britain and steel

Miss Bailley claimed that she had been given verbal approval wanted to run the school.

She to oblam official authority

doing was prevented from since she had been detained hospital for several weeks suffer- AS *1 ing from a broken arm

result of an accident.

Miss Bailley added

had no intent on

to

that run

she the She

school without registration. was still waiting for a reply from the Educational Department.

was

war

the

is

of

exported to Great semi-manufactured exports to Japan for December were Canada, they fall far short valued at $3,381,000 against the figure for the amount of arms $5,057,000 a year previous.

Increase To China

The almost negligible exports

export licences Issued during lasi year. In the case of Britain the Agure was $675,470,249 and Canada $48,448,158.

Assembled

of

and unassembled

aero-

the

to Japan of war material, which warplanes, together with

the plane engines, were by far are cited here as proof of

In which America most important of America's 1940 Britain recelv- to arms categories, giving practical

way

js

Mr. Ralston added that per- mission would have been issued been after the Regulations had complied with by the applicant. In this case M ss Ballley had failed to comply with the instructions,

The school was ordered to be

Miss Bailley closed und

application caution by the convicted with a

ed warplanes valued at $82,203.- its disapproval of Japanese

410 and engines valued at $27.- Magistrate.

aggression, stands in strong con- trast to 1939 when Japanese im- 439,839, while the corresponding ports of American war material figures for Canada were $11,627,- France, be- amounted to $998,590. The only 16 and $5,110,664, military equipment sent to Japan fore it fell, received 'planes and engines to the respective amounts during 1940 were

spare

of $53,907,979 and $10,345,538. parts for aeroplanes.

DIVORCE

CASES

HELD UP

of poor

Hundreds divorce cases are because so many

minor

While arms shipments ta Japan dwindled to practically nothing, those to far castern countries with which the United States felt а stronger community of interest rosc remarkably. work

persons' being held up barristers and]

who undertook

gratuitous and have joined the Forces.

solicitors

voluntary

Sir

Somervell,

Attorney-General,

Donald

question in the

this

the

During

whereas

i year

1939 China bought answering a $2,012,724 worth of arms in the later it House of Com-U.S.

In like mons recently said that arrange-bought $8.422,125 worth.

the Netherlands Indies ments were already in force for manner

S7 336 869 postponing the call-up of solicitors 1940 figure whose services were required. He larger than the 1939 figure

An even more start- had asked the Bar Council to $0,070,427.

in' shown

the far as ing jump was consider the question 50

combined Australian-New barristers were concerned.

of

In London alone there are over land figures for 1939 and 1,000 poor persons'

waiting list.

cases in the-these

being $1,022,283

$11,910,093 respectively.

FELLOWSHIP OF THE

BELLOWS

JUNE

SCORE

470

was

of

Large an were the warplane Britain and engine exports to during 1940, they were far be-

export low the total for the licences granted for each cale-

Thus

Britain received gory.

buy jast

to permission

year $332,506.252 worth of warplanes $156,575,911 worth of

while Canada engines, granted export licences amount. ing to $27,140,870 for warplanes and $9,646,008 for aeroplane engines.

and

Purchases

H.K. Lands $35 b., $35 sa. H.K. Realties $3.20 b. Chinese Estates $100 b.

PUBLIC UTILITIES

H.K. Tramways $17.10 b., $17.-

15 sa,

China Lights (Old) $6/6.05 sa. China Lights (New) $1,35 b. H.K. Electrics Ex. Rts. $2212

sa.

H.K. Electrics (New) $21 b. Macao Electrics $18% b. Telephones (Old) X.D. $221⁄2 b. Telephones (New) X.D. $8.90 b.,

$0.10 s., $0 sa.

INDUSTRIALS

Cements $14.60 b.

H.K. Ropes $8.60 b., $8.40/81⁄2

sa.

STORES, &C. Dairy Farms $19 b. Watsons $10.80 b.,

$104/85 sa.

$11.10

LAST DAY'S SALES

15 HK. Banks @ $1370 5,400 Providents @ $5.80

500 Hotels @ $3.35 500 Hotels @ $3.40 500 Lands @ $35 700 Trams @ $17.15 500 Lights (Old) @ $8 200 Lights (New) @ $6.05 300 E'ectrics (Old) X.

@ $2242

100 Telephones (New) @ $9 1,500 Ropes @ $8,40 500 Ropes @ $82

2,600 Watsons @ $10% 1,000 Watsons @ $10,85

Perung

CURRENT ACCOUNTS

Bunge! Patari

Bwaly Tientsin

Yokobaron

opened in

Local Currency and FIXED DEPO SITS received for One Year or shorter- periods in Local and Other Currencies terms which will be quoted on application.

on

SAFE DEPOSIT BOXES of various sizes To Let

TRUSTEE and EXECUTOR business undertaken.

Hong Kong, 26th February, 1941. HONG KONG SAVINGS BANK.

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

V. M. GRAYBURN,

Chief Manager.

Hong Kong, 1st March, 1837.

S.. THE CHARTERED BANK

OF INDIA, AUSTRALIA AND CHINA.

Rts.

Incorporated by Royal Charter, 1853.

Paid-up Capital

£3,000,000

Reserve Fund

£3,000,000

Reserve Liability of Pro-

prietors

£3,090,000

HEAD OFFICE: LONDON:

29, Bishopsgate, E.C.2. 117/122, Leadenhall Street, E.C.2. West End Branch: 14/16, Cockspur Street, S.W.1. Manchester Brancht

b2, Mosley Street, Manchester, 2

AGENCIES AND BRANCHES:

Bankow Hong Kong

Karachi

Alor Star

Penang

Amritsar

Rangoon

Bangkok

11olto

THE BANK OF EAST

Batavia

Ipoh

Buigou Soromban

Bombay

Shanghai

was

ASIA, LTD.

Caloutta

Klaug

Bingarre

Agencies:

Kobe

Sitiawan

Clive Street Kuala Lumpur Sourabaya

Authorised Capital Paid-up Capital Reserve and Profits

Undivided

$10,000,000.00

5,583,600.00 Canton

Cawnpore 2,883,281,50 Cebp

Colombo Delhi

Fairlin Place Kuching

Talplug

Madras

Tiental

Mantia

Toogkab

Medan

(Bhuket)

Now York

Tsingtao

Poipis

Yokohama

Baiphung

(Poking)

Japanese-American trade. with- Zea- stood numerous adversities dur- held 1940ing most of last year and

and the great bulk of the preceding

year's $393,000,000 value.

purchases in Japanese

the United States fell off about $5,000,- totalled more than 000 but still $227,000,000.

In that relatively mild reces- sion all accounted for in thei

HEAD OFFICE:-HONG KONG

10, Des Voeux Road, Centra

BOARD OF DIRECTORS:- Hon Sir Shou-son

Chow, Chairman; Li Koon Chun, Esq., P. K. Kwok, Esq.. Wong Yun Tong, Esq., Li Lan Sang. Esq.. Wong Chu Son, Esq. and Fung Ping Wah. Esq.

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

BRANCHES AND AGENCIES:-

last two months of 1940-Japan Amos

Batavia dropped from third to fourth Bombay among America's customers. Bri- Calcutta tain, Canada

France led Hall heng

Hankor Honolulu furnished Kobe office

Japan.

The statistics

and

were

by the San Francisco

Manila Melbourne

Nagnaki

New York

Puris

Peiping

Penang

Boattle

Samarang Shangha

Singoporo Sourabaya Swplow

Rangoon

Sydney Tientsin

of Kowloon

Balgor

Vancouver

San Francisco

the Federal Bureau of Foreign London and Domestic Commerce.

Japan's shipments to United States receded too.

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

But

on

Current Accounts opened in Local the decline wäs jess both In total Currency and Fixed Deposits received and in percentago, The $158,370,- te one year or shorter periods in Local

Currencies

terms .000 Imports from Japan were and Foreign

about

lees than in which will be quoted on application,

Safe Deposit Boxes To Let

KAN TONG PO,"

Chief Manager.

123,000,000

import decline of 1.8 per export cent compared with the drop of 2.1 per cent.N

Application of export licenses to safeguard the American de- fence programme cut into exports across the Pacific. Those exports amounted to 5.0 per cent of the United States tatal, compared with 7.3 per cent in 1930 and 7.8 in 1930,

THE WING ON BANK, LIMITED.

FOREIGN EXCHANGE and General Banking Business transacted,

CURRENT ACCOUNTS opened.. and FIXED DEPOSITS received for One Year or shorter periods in Local or Other Currencies at rates which wil]; be quoted on application.

SAVINGS ACCOUNTS also opened in Local Currency and Sterling with in- terest allowed of rates obtainable on application.

The Bank's Head Office in London undertakes Executor and Trustee bush ness, and claims recovery of Britain' Income Tax overpali, on terms which may be ascertained at any of the Agencies and Branches.

W. H. EVANS THOMAS,

Manager.

THE MERCANTILE BANK OF INDIA, LTD.

HEAD OFFICE:.

£3,000,000

15, Gracechurch Street, London, E.G-8." Authorised Capital

· 1,000,000 (Subscribed: Capital

Paid-up Capital.

$1,050,000) Reserve Fund & Rest...... 1.254.039 BANKERS: The Bank of:England and"Midland-A Bank, Ltd.

.BRANCHES: Jaffa

Kuantan bandy

Karneol

Bengkok' Rombay

Calcutta

Colembo

Delhi 3

Kota Dhara

Kuala Lipla

Head Office: Hong Kong.../ 20, Des Voeux Road," Contral,

Howrah Authorised Capital ... $10,000,000 ch

LONDON BANKERS —–—– Westminster Bank, Ltd, Foreign Exchange and every description of banking business transacted; -,

The licence system cut Novem-. ber and December shipments of such items as machine tools, ferro-alloys, scrap iron and cop- per. Domestic controls in Japan Current Accounts and Savings and a'fficulties in foreign markets Accounts opened. Fixed Deposits cut that country's purchases of received at rates which will be American colton Restrictions on quoted on application.

use of gasoline hit sales of Safe Deposit Boxes for hire automobiles and trucks, but sales

PHILIP 'GOCKCHIN,

Chief Manager.

of oil products rose.

Medran New York

Pripang

Tangom

Shangbal

Kuala Lumpor 6imla

"Kuala B

Troungabu

·Bingapore.

HONG KONG TRANCH Every description of Hanking, and Exchange business transacted, th

TRUSTEL AND EXECUTORSHIP UNDERTAKEN,

.. CURRENT "ACCOUNTS opened fr

Local Currency and FIXED DEPOSITE received in Local Currency & STER LING on terms that may be ascertained on application.

DENSON.