XN000022-1979-02-08 — Page 3

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THURSDAY, FEBRUARY 8, 1979

THREE CROWN LAND LOTS TO BE AUCTIONED

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THREE LOTS OF CROWN LAND WILL BE SOLD AT AN AUCTION IN THE CITY HALL THEATRE ON MARCH 8.

ONE SITE IS OFF SUN SING STREET, SHAU KEI WAN, COVERING 1,322 SQUARE METRES. IT IS INTENDED FOR RESIDENTIAL AND NON-INDUSTRIAL PURPOSES.

THE SECOND LOT, MEASURING 1,900 SQUARE METRES AT HONG NING ROAD, KOWLOON, IS FOR PRIVATE RESIDENTIAL PURPOSES.

THE LAST SITE AT 475 SHANGHAI STREET, KOWLOON, MEASURING 69.1 SQUARE METRES IS INTENDED FOR NON-INDUSTRIAL PURPOSES.

FULL PARTICULARS AND CONDITIONS OF SALE MAY BE OBTAINED FROM, AND SALE PLANS INSPECTED AT, THE PUBLIC ENQUIRY SUB-OFFICE, CENTRAL GOVERNMENT OFFICES (WEST WING), GROUND FLOOR, HONG KONG, AND AT THE CROWN LANDS AND SURVEY OFFICE, KOWLOON GOVERNMENT OFFICES, 405 NATHAN ROAD, 10TH FLOOR, KOWLOON.

DEPOSIT-TAKING COMPANIES STATISTICS RELEASED

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THE FIRST SET OF MONTHLY STATISTICS WHICH THE GOVERNMENT NOW COLLECTS UNDER POWERS PROVIDED IN THE DEPOSIT-TAKING COMPANIES (AMENDMENT) ORDINANCE 1978 WERE RELEASED TODAY (THURSDAY),

THE STATISTICS, WHICH RELATE TO THE POSITION AT THE END OF DECEMBER, 1978, SHOW THAT THE TOTAL LIABILITIES OF REGISTERED DEPOSIT-TAKING COMPANIES IN HONG KONG AT THIS TIME AMOUNTED TO $52,352 MILLION (ABOUT 40 PER CENT OF THE EQUIVALENT FIGURE FOR BANKS).

DEPOSITS FROM THE PUBLIC (EXCLUDING BANKS AND OTHER DEPOSIT-TAKING COMPANIES) AMOUNTED TO $10,447 MILLION, WHILE DEPOSITS FROM BANKS ABROAD TOTALLED $27,398 MILLION.

AMONG THE ASSETS OF THE DEPOSIT-TAKING COMPANIES, LOANS AND ADVANCES IN HONG KONG AMOUNTED TO $10,139 MILLION, AND LOANS AND ADVANCES ABROAD, $21,165 MILLION. THE NET IDENTIFIABLE FOREIGN ASSETS OF THESE COMPANIES TOTALLED $5,344 MILLION.

THE ANALYSIS OF LOANS AND ADVANCES IN HONG KONG BY DEPOSIT-TAKING COMPANIES AT THE END OF DECEMBER IS ALSO PUBLISHED TODAY.

A TOTAL OF 241 COMPANIES WERE REGISTERED UNDER THE DEPOSIT-TAKING COMPANIES ORDINANCE AT THE END OF 1978.

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