1941-08-20 — Page 13

|HONGKONG & SHANGHAI

CALL-OVER BANKING CORPORATION.

Following is the lastest call-over ut Victoria Club on the St. Leger, to the run on September 6 at Manchester:

Owen Tudor 11-2 t and o. Devonian 100-12 t and o, Chateau la Rose 9-1 0. Bakhtawar 10-1 o. Mazarin 100~9 o, 10-1 t. Sun Castle 100-7 0. Royalist 100-7 o. Orthodox 100-7 0. Thoroughfare 100-0 0.

Ptolemy 100-8 a,

Starwort 100--0 0.

Firozedin 20-1 o. Dancing Time 20-1 0. Lambert Simnel 20-1 0. Feltes 251 0. Turkana 33-1 o. Camperdown 40-1 0. Royal Academy 40-1 0. Sollam 40-1 0. Cuerdley 40—i 0. Felous 501 o.

Authorised Capital Reserve Funds: ssued and Fully Paid-up

Sterling

?

$50,000,000. $20,000,000

of

Pro-

£ 6,500,000

.$10,000,000)

.$20,000,000

Hong Kong Currency 'Ro

scrve Reserve Liability

prietors

HEAD, OFFICE: HONG KONG.

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

W. H. Lock. Era.. Deputy Chairman,

1. K. Bourfold, Esq.,

1. At Compton, Esq.,

L. J. Davica, Eeg..

G. Miskin, Esq..

E. 6. Morrison, Esq. Hon. Mr. T. E. Prazem,!

Hoo Mr. B. H. Dotwell, Hon. Mr. A. L. Shieldi Hon, Str Vandeleur M. Grayburn, Chief Manager,

BRANCHES:-

-Reuter.

Amor Bangkok

Ipob Johore

Bataris

Kobe

Kowloon

BIRTHDAY GREETINGS

GREETINGS WERE EXCHANG- ED YESTERDAY

Bombay Calcutta

Canton Chefoo

Colorabe Dairen Foonbow

Ha'phong Baukow Harbin flotto

Rangoon Saigon

San Francisco

Shangbal

Kuala Lumpur Singapore Londo

Sourabaya

Swaloy

1.300

Sungei Patani

Maalia

Tientsin

Munt (Jobars) Tokyo

Mukden

Tuloqta

New York

Yokobama

Peiping Pounog

IN A TWO- CURRENT ACCOUNTS opened to FIXED DEPO.

WAY RADIO BROADCAST BE- TWEEN SENOR QUEZON, PRE. SIDENT OF THE PHILIPPINES, AND MR. HENRY A. WALLACE. VICE . PRESIDENT UNITED STATES.

OF THE

The occasion

was the sixty third

of birthday Quezon.

President

and Mr. Wallace from Washing- He spoke from Manila

ton.

-----

"These hazards are now in the past. It was well worth while to accept them. The meeting and its results grow in importance as they are measured.

President Quezon, in the course of his talk, said his people were "President Roosevelt and Mr. "with the United States in life or Churchill both deserve the high-death." Reuter. est credit for the form of consul- lation adopted, not so much be- cause it was "dramatic"-*hough it was not unimportant that it should have touched the world's imagination as because it was direct.

...

'It has established personal contacts which

the must be of highest value for all future ex- changes of view, contacts not only between the President and Prime Minister but between the direct- ing minds of the fighting services

phical safety would be endanger- | DOCKS, WHARVES, GODOWNS, of both the two free nations.

ed, "the Japanese temperament being what it is."

No Reversal

It is now impossible for Ja- pan to reverse her policies, the article argues, not only because of the question of "Luce," but because no appeasement would satisiy America and Great Bri- tain which did not include the withdrawal of Japanese armed forces from all of China, and the desertion of Japan's puppe regimes there.

For economic and political rea- sons Japan does not dare to call home her army of more

than 1,000,000 men, it is stated. for she could not give them employ- ment nor afford a dole, and the returned armies might easily be stirred to a revolution.

The "Look" article argues that Japan's adherence to the German- Italian Axis pact would not deter Tokyo's opportunist statesmen if they thought they could appease America and Britain, and stil! keep what they have conquered, It also charges that when the time seems opportune, Japan will carelessly break her treaty of friendship, neutrality and non- aggression concluded with Soviet Russia on April 13 of this year, But Japan wil not attack Russia unless Hitler has first broken the Soviet power of resistance. It is 'prophesied.

ETC.

H.K. Docks $16.10 b., $164 5. Providents $0.05 b., $6.20 s.

LANDS HOTEL & BLOGS.

FIRM TONE ON STOCK EXCHANGE

Local Currency and SITS received for One Year or shorter periods in Local and Other Currencies will be quoted off

terms which application.-

SAFE DEPOSIT BOXES of varicum

sizes To Let.

TRUSTEE and EXECUTÓR business undertaken.

Hong Kong, 28th February, 1941.

HONG KONG SAVINGS BANK.

The Business of the above Baak ti 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.

THE CHARTERED BANK OF INDIA, AUSTRALIA AND CHINA.

Incorporated by Royal Charter, 1833

Home rails provided the main feature on the London Stock Ex- change yesterday with the market

all-round strong

influenced by hopes of an early statement of the Paid-up Capital The common understandings new Government agreement. Ele-Reserve Fund reached by the men responsible where prices were quieter but the Reserve Liability of Pro- for the actual conduct of the war | undertone continued firm and prietors... and joint consideration of contin- prices, general'y, were maintain- gencies in the near future con-ed. Bradford Dyers were a good H.K. and S. Hotels $3.45 b., stituted great and Immediate gain. feature among industrials on the

$3.80 s.

payment of five years arrears In preference dividends. Shipping shares continued firm and The war-and especially this were quiet while Kafflrs were —Is not solely a matter of men, quietly firm.-Reuter. munitions and machines. It Is also a conflict of ideas.

H.K. Lands X.D. $33 8. Chinese Estates $101 b.

PUBLIC UTILITIES

H.K. Tramways $17.10 b., $17.30,

8.

Yaumati Ferries $2231 b, China Lights (New) $1.30 b. H.K. Electrics Ex. Rts. $21.90 b..

$22 su.

H.K. Electrics (New) $21 b. IK. Electrics Rights $11.15 b..

$114 Ba.

Mação Electrics $18.40 b. Telephones (Old) $232 5. Telephones (New) $81⁄21⁄2 b.

INDUSTRIALS

Cements $15 b. H.K. Rones $8.80 b.

STORES. &c. Dairy Farms $184 b. Watsons 11-b.. $11.49 sa.

MISCELLANEOUS Entertainments $6 b.

LAST DAY'S SALES 50 Union Ins. @ $420 25 Lights (New) @ $1,30 1,850 Electrics (Old) X.

@. $22

210 Electrics Rts. @ $114 600 Cements @ $15

LABOUR TRIBUTE

*

Conflict Of Ideas '

In the declaration of common

and

Mr.

principles, the Charter of the THE BANK OF EAST. Atlantic as it has been called

ASIA, LTD. President Roosevelt Churchill have provided a great Authorised Capital goal for all freedom loving peo- Paid-up Capital ples and a great weapon for use Reserve and in this struggle.

A real opportunity has come for a well-based, consistent and energetic campaign on the poli- tical side. It can and must be taken.

Profits

£3.000.000 £3,000,000

£3,000,000

- HEAD OFFICE: LONDON:

83) Bishopsgate, E.C.2. / 117/122, Lendenball Street, E.C.2. West End Branch:

· 14/18, -Cockapur Street, SWIP***-

Manchester. Branchí ve vi 62, Mosley? Street, Manchester,

AGENCIES. AND, BRANCHES:

Habkow

Alor Star Amritsar Bangkok

Baigou Beramban

Bhangha

Bingapore

Sitiawan

Chire Brent Buala Lumpur Courabaya

Penang

Linng Kong

Hangoon

Jiolto.

Batay

Ipon

Bombay

Karachi

Calcutta

Kisas

Undivided

.$10,000,000 og

5,590,600,00 Fairlin Place Kuching

Canton 2,983,281.00 Chwupore

Agencies: Robe

Taiping

Madrus

Tiratein

Manila

Tongkah

Cebu Colombo Dubi Haghig

Medan

Bhoket)

Now York

Lefto

Posping

{Poking}

Yokosama

HEAD OFFICE:~HONG KONG 10, Des Voeux Road, Central,

BOARD OF DIRECTORS:- Hon. Str Shou-Bon Chow, Chairman

It may be too early to speak Li Koon Chun, Esq., P. K. Kwok, Esq..

of the Atlantic conferences as the wong, Yun Tong, Esq., Li Lan Sang, turning point" in the war. But Esq., Wong Chu Son, Esq. and Fung

its Ping Wah, Esq. they hold the promise and fufilment must lie in the decisions and

exertions of the coming weeks and months. British

Rts. Wireless.

TO MR. CHURCHILL

BUSINESS BAD IN HONGKEW SPECIAL TO "CHINA MAIL”

1

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

BRANCHES AND AGENCIES:-

Manila

Senttie Bfelbourne Nagasaki

moy

Batavis Kamn

Calcutta

Hait bong Elackow Honolulu Robe

New York. Parts

Pelping

Prunng

RAU2000

Kowloon Londop

Saigon

San Francisco

Bamarang Manglesi Singapore Souzabags Bwalow Sydney

Tientsia VARCOUTER

Japan's military'clique, trying olumelly to play at diplomacy. have brought the Empire to the

Every description of Banking and Exchange business transacted. Loans, pats where its whole future is

It is revealed in. Shanghai that granted on approved securities. tied up with the hope of a Ger- In a tribute to Mr. Churchill as more than 50 Japanese-owned Current Accounts opened in: Local man victory and if Germany, a man of great courage and un- and Jewish refugee shops, cafés Currency and Fixed Deposits received Joses, "Mr."Abend Bays, Japan derstanding, Mr. Harold Hicks, and restaurants have been forced fr one year or shorter periods in Local: will be col soundly beaten by Parliamentary Secretary to

the to close in Hongkew owing to and Foreign Curzonrich on terms the United States that her naval Ministry of Labour said yesterday: lack of business, partly through which will be quoted on application.

His initiative and courage have the political situation and par ly Safe Deposit Boxes To LULAM

KAN XONG RO

forçes will be gone, and hor-mer; chant fiest lost,

She wi1 then be an impoverish ed and embittered second or even third class power.

No Illusions

captured the admiration of the owing to the frequent closing of world. This country and its Al the bridges over Soochow Creek, lies will wish to thank him not disrupting traffic. ⠀ only for the dramatic meeting but Strict inspection of cholera cer- also for the manly and spiritual tificates by Japanese sentries on declaration from the Atlantic..

the bridges is also deterring in-

He is a man of great courage tending visitors to Hongkow Under no illusions concernlag and understanding, and if the night spots. — International News the possibility of a quick and easy. people will give him understand: Service. smashing victory for the United Ing and support they will be back. States, Mr. Abend is nevertheless ing a man who stands for all the confident that America will win | Ideals of this country and the bet- the Naval conflictive ter times before it. Reuter. ⠀⠀ Victory "will & be" followed by

HONG KONG MAILS LOST

transferring most of the United RUBBER QUOTA States Fleet to the At antic.

• Possibly 30 submarines will be The International Rubber Re- The Postmaster-General -- an- left in the China Seas to prey gulation Committee has fixed the nounces that letters by surface upon Japanese transports and sup- pormissable export quota for the route for United Kingdom, via ply, shing bound for China. Th's fourth quarter of this year under| United States of America, posted will ** so seriously cripple the the regulation scheme at 120 per in Hong Kong between 3rd and Japanese "Army on the Aslatie cent, of standard, tomare, soye 11th May 1941, have been lost by mainland, that then General Reuter front london, bandera k enemy action.

v Chief Manager.

FOREIGN EXCHANGE and General Banking Business transacted;pisod

CURRENT ACCOUNTS opened and FIXED DEPOSITS received for One Year or shorter periods in Local or

Other Currencies at Tates which will be quoted on application.

SAVINGS ACCOUNTS also opened in Local Currency, and 'Sterling with; im terest allowed at rates obtainable on application.

The Bank's Hoad Office in London undertakes Executor and Trustee Busin ness, and claims recovery of Britain Income Tax overpaid, “on cerms which may. beascer ained at any of the Agencies and Branches.*.

W. HEVANS THOMAS...

Manager.

THE MERCANTILE BANK OF INDIA, LTD,

· HEAD OFFICE:

tb, Gracechurch Street, Londan, E.C.8. Authorised Capital Subscribed Capital Paid-up Capital ....

£3,000,000

1,500,000 1,050,000

Reserve Fund & Rest:/VA

BANKERS: The Bank of England and, Miðland, Bank, Ltd.

BRANCHEST

Kuanian

"Karnch!'

THE

WING ON BANK

LIMITED.

BADRKOR

Bombay.

Ontoula

∙Kandy

Colombo

Delhi.

Galle Hong Eosi

Howrah Appl

New York Punake

Baingoans,

Kota Bharu Shanghai

Kuala Limpar:Bimia; "Kukla Lipis i Singapore

Trong khu

Head Office: Hong Kongiv 426, Des Voeux Road, Central.. Authorised Capital : $10,000,000 LONDON, BANKERS:— Westminster Bank, Ltd... Foreign Exchange and every. Every · dèscription of Banking and description of banking, business Exchange business transacted. ransarted.

HONG KONG BRANCH

IN TRUSTEE AND EXECUTORSHIP.

OLES UNDERTAKEN. CURRENTA ACCOUNTS opened: th oral Currency and FIXED DEPOSITS received in Local Currency: & STER LING, on terms that may be ascermined in application, -63 SURNA

ORZEL DE BENSON T

Current Accounts and Savings Accounts opened. Fixed Deposida received at rates which will be quoted on application scen

Safe Deposit Hoxes for hire.

=PHILIP GOCKCHINKER

Chief Manager.