HONGKONG DAILY PRESS
BANKS
BANKING CORPORATION
HONGKONG & SHANGHAI
Authorised Capital
Reserve Funds: Sterling
$60,000,000
THE CHARTERED BANK OF INDIA, AUSTRALIA
AND CHINA
Issued & Fully Paid Up 820,000,000 Incurporated by Royri Charter, Labas
£6,500,000 Paid-up Capital HE. Currency Reserve $10,000,000 Reserve Fund Reserve Liability of
Proprietors
..£3,000,00
£3,000,000
$20,000,000
Reserve Liability of Pro-
prietors.......
£3,000,DO
Head Office:- HONG KONG
Board of Directors: Hon Mr. J J Paterson,
W. H. Lock, Esq.,
Chairman
Deputy Chairman
J. K. Bousfield, Esq..
A. H. Compton, Esq...
Hon. Mr S. Dodwell,
L. J. Davies, Haq,
G. Miskin, Esq.,
K. S Morrison, Esq.,
Hou, Mr. T. E Pearor,
Hon. Mr A. L. Shialde,
Hon Sir Vandeleur M. Grayburn,
Chief Mumger.
Branches:
HEAD OFFICE: LONDON:
35, Bishopsgate E.C.2. Sub-Agencies In London: 117/122, Leadenhall Street, E.Ç.A
West End Branch: 14/16, Cockapar Street, S.W.1. Manchester Branch:
32, Mosley Street, Manchester, %.
BATAY JA
AGENCIES AND BRANCRES:
SLOR STAR HONG KONG PENANG AMRITRAR GLOBAL
RANGOON BANGKOK 1200
SAIGON KARACHI
SEREMBAN
KLANG
BUANOBAJ
KODE
EUALA
LUMPUR
KUCHING
MADRAS
BONSAY CALCUTTA
AGENCLES LIVE LI Patna Pla{%
CANTON
Jobere Rangoon CAWNFORE
Saigon CEBU
COLUMBO Francisco DELHI
Amoy
Bangkok
Kobe
Batavia
Bombay
Kowloon Kuala
San
Calcutta
Lumpur Shanghai
ť
Anton
London
Chefou
Lyon
Colombo
Malacca
Dairen
Manila
Foochow
Muar
Haiphong
Bankow
Harbin
Foilo
Ipoh
HAIPHONG
Singapore BANKOW Sourabaya Sungei
Patani Swałow
(Johore) Tientsin
Mukden Tokyo
New York Tsingino Priping Yokohama P-nang
year or
'URRENT ACCOUNTS opened in LOCAL CURRENCY and FIXED OR POSITS received for one -horter perioda in Loca; and other furrencies on terms which will be quoted on application.
SAFE DEPOSIT BOXES varim gizes to t
TRUSTEE and
business undertaken.
MANILA
MEIMN
NEW YORK
PEIPING
SINGAPORE SITIAWAN BOURABAYA TAIPING TIENTS IN TONGKAH
(Bhuket)
THINGTAO YOKOHAMA
(Peking) FORSION EXCHANGE and General Banking Business transacted.
CURRENT ACCOUNTS opened and FINED DREITs recurved for Un Your shorter periods in Locul er Other Currencies at rates whiel. i will be quotes on application.
Savino Actorrs also opened Local Currency and Sterling with interest allowed at rates obtainable
application.
The Bank's Head Office in London undertakes Exreator
and Truster business and clains recovery of British Four fax overpaid, afters which may be ascertained x.
my of the Agetictes and Branche
W. B. EVANS THOMAS.
Manage
EXECUTOR
Hongkong, 28th July, 1941
HONGKONG SAVINGS
BANK
BANK OF CHINA
Specially thartered by
The Business of the abse Bank THE NATIONAL GOVERNMENT
is conducted by the HONGKONG
SHANGHAI BANKING COM
PORATION. Rub maz tained on application.
be ob
For the HONORING & SHANGHAI BANKING CORPORATION.
V. M. GRAYBURN,
Chief Manager
Hong Kong. 28th Feb., 1839.
BANK OF EAST ASIA, LIMITED
Authorised Capital
Paul-Up Capital Heserve and Undivided
Profits
$10,000.000.00
5,588,600.00!
2,99%,261.00
Head Office:HONG KONG No. 10 Des Voeux Road, Central
OF CHINA AS AN INTERNATIONAL EXCHANGE
BANK PAID-UP CAPITAL $40,000,000.0% (BRANCHES ALL OVER CHINA) Owing to our numerous Branches in China and connections in the pracipal Commercial Centres of the World, we are able to extend to our Cliente special facilities for Domestic and Foreign Banking and Exchange.
Head Office SHANGHAI Hong Kong Branch:
4, QUEEN'S ROAD, C. South China Offices:
KONGMOON TOISHAN KINGCHOW
CANTON
SWATOW
SHIUCHOW
We also handir the issue of Bonds and other Public Fonds of the Chinese Government both at Home
Board of Directors BON. SIR SHOTSON CHow, Chairmand Abroad
Lá Konu Chan, Esq. Li Lan Sang. Eag P. Kwok, Baq Wong Chu Son, Esq Wong You Torg, Eau Pung Ping Web Esq. KAN TONG Po, Esq, Chief Manager Hon. M L TSE FONG, Manager
Amoy
Bata in
Boubey
Branches and Agencies
Ouleatin Halphook
Hakow
Bondial
How wou Venug Singapore
1ud.com
Manila Melbanron
Yew York Parle
Pelping
Ilangoon Brurabaya
Яs!ron Bwatow
Ba Stan Aydavy
niago Tiontaln Beattle Vanconer Hemang Shangha
Every description of Banking and Exchange business transacted. Loans granted on approved securities.
Current Accounts opened in Local Currency and Fixed Deposits re-
SHO J. CHEN.
Manager.
THE CHASE BANK
16, QUEEN'S ROAD. CENTRAL
HEAD OFFICE:
38, PINE STREET,
NEW YORK.
An American Bank offering com- plate Foreign Banking Service in the principal Markets of the world.
SAFE DEPOSIT BOXES
ceived for оде year of shorter This Bank is a subsidiary of The
гелерея on terms which will be
periods in Local and Foreign Cur-
quoted on application.
SAFE DEPOSIT BOXES TO LET.
KAN TONG PO,
Chase National Bank, New York, with Resources of aver 11.5.8.3,800,000,000.
D. L. BALLANTYNE,
Chief Manager. | 18th June 1941.
The World's News Seen Through
Itanager
THE CHRISTIAN SCIENCE MONITOR
An International Daily Newspaper
Published by THE CHRISTIAN SCIENCE PUBLISHING SOCIETY One, Norway Street, Boston, Massachusetts
is Truthful-Constructive-Unbiased-Free from Bensationalist Editorials Are Timely and Instructive and Its Daily Features, Together with the Weekly Magazino Bootion, Make the Monitor. an Ideal Newspaper for the Homs.
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AMERICAN OCCUPATION OF BALUCHISTAN,
ICELAND MAY CHANGE BATTLE OF ATLANTIC
The whole aspect of the vital battle of the Atlantic may change soon as a result of the action of the United States in occupying Iceland and taking all necessary steps to "Insure the safray of communications in the approaches between Iceland and the United States and all other strategic outposts," writes Rear- Admiral Yates Stirling, Ina, in the Manila Bulletin. The President's action in order | Black sea, from latest accounts, ing the "safety of communica- there are three Russian battle- tions" can only mean that the ships, eight destroyers and 35 sub- United States Navy is in the war marines basing at Sebastopo', to whatever extent it may find
ONLY ONE WAY necessary in fulfilling its mission.
What can the British navy do to POSSIBLE NAZI MOVE
save the Russlan пачу from Germany, 01 course, will al- seizure by Germany? There is offset this move-how only one way and that is to enter tempt to and when we cannot yet know. A the Baltic and the Black seas
IRANIAN BORDER PEACEFUL
QUETTA, Aug. 28 (Reuter) →A disclosure that conditions on either side of the Baluchistan-Iranian border were perfectly peaceful was made to Reuter by Lieut. General E. F. Norton, Commander of the
with headquarters at Quetta. Western (Independent) District
He expressed satisfaction with the arrangements for the protec- tion of India from any aggression and endorsed General Wavell's re- cent statement that India would be firmly defended.
Speaking of the territory under his command, which extends from As Karachi to
the border of the possible move may be to intensify for the Black ses, the Russian North-West Frontier Province and submarine operations in the dis- navy can probably hold its own includes Baluchistan. Gen. Norton pute area immediately and simul. although losing its base at Setas said that the defences were strong taneously strive for
unless knockout topol, a
destroyed by the and invulnerable blow against Russia which would | German Brukas. result in Germany's acquisition of As for the Baltic, the British the Soviet navy.
would have to enter that sea with Hitler undoubtedly counts upon a superior naval force and fight seizing the Russian navy in the 'the German warships that would Ballic and the Black sea es-oppose them. The German navy pecially its submarines, and within the Baltic is not insignificant. these reinforcements for his fleet consisting of the battleship Tir-less Amongst the latest RAF step up the war against British pitz, sister ship of the Bismarck awards is that of the Bar to the lines of communications to stop whose fighting qualities were so
from America.
BAR TO THE D.S.O.
LONDON, Aug. 28 (Britsh Wire-
The flow of the defense articles recently demonstrated in the en-D.S.O gained by Group Captai
gagement with the Hood and the Francis Beamish who between Britain must seriously reckon King George IV in the Atlantic October 1940 and March 1941 car- with such a contingency, and, if
Ocean: two pocket battleships ried out 71 operational sorties. She can, must rescue the Russian with 11-Inch guns: five heavy
The official notice of the award warships bottled up by the Cer-10,000 tons cruisers, armed with states that the "courage and devo- man navy in these two seas. To eight 8-inch guns; four 8000-ton tion to duty displayed by Group arcomplish this task Britain would cruisers and alx 0000-ton cruisers. Captain Beamish are of the nign- be forced to engage in a naval Almost an unlimited number of est order and he has set a magni- fight of the first magnitude with German sul marines Would the German navy.
awailable against the British.
beficent example."
IMPORTANT OBJECTIVE Hitler's drive through the Rus san Baltic states, Lithuania, Lat- via and Estonia. in the directioh of Leningrad. has fo its most important objective the capture of Ten-thousand tins of petroleum. Kronstadt Russia's principal which were to be shipped yesterday uaval base
the Baltic, upon to Kwangchowwan by the 8.8. Wing which the Russian fleet must re Wo, of Tal Yau and Co., was tire before the advance of Ger-
banned by the local authorities. many's superior navy.
Authorisation was cancelled at the last minute according to the ship- ping firm.
|BAN ON PETROLEUM and gained the AFC. in 1938.
TO KWANGCHOWWAN
In the encirclement of the Ukraine by German armies & most important objective is the ccupa tion of the Crimea with its naval base at Sebastopol. The seizure +1 Chat hase w net German the Russian fleet in the Black sea
arms
His WATEB
Month.
Height.
Height.
FRIDAY, AUGUST 29, 1941. -PAGE 11
P. & O.
Passenger & Cargo Services
to
Straits, Ceylon, India, East & South Africa,
and
United Kingdom.
B. I.
Passenger & Cargo Services
10
Straits, Burma & India.
E. & A. Passenger & Cargo Services
to
Philippines, Australian Ports.
and
New Zealand with transhipment. For further particulars apply to MACKINNON, MACKENZIE & CO. Phone 27721.
PRESIDENT LINER
Sailings
Next Sailings
To NEW YORK & BOSTON via Manila. Singapore, Penang. Colombo, Bombay, Capetown and Trinidad
First Week in September
To UNITED STATES
First, Second & Third Weeks in September For further particulars apply
AMERICAN PRESIDENT LINES
"ROUND - WORLD SERVICE" AGENTS FOR TRANSCONTINENTAL & WESTERN AI AND UNITED AIR LINES
Captain Beamish, who was born In Cork, entered the R.A.F. in 1925 He was awarded the DS.O, in July. 1940, and the D.F.C. In November. 1940.
12. PEDDER ST
HONG KONG TIDE TABLE From 99 Aug to 4 Sept. 1941.
Low WATE
Hong
Hong
Kong
Kong
Standardi
Standard
Time
Time
f. na.
If, in
b. Du
jft. fo
Fri. SAL
01 39
8 4
CA 15
12 9
Sat. 31
1:30 10243
19 37
26
1957
13 4
18 24
2-27
Sau. 31
4
11 32
1806
21 47
1
Ab07
12 41
19 33
46
Tues.
2
00 14
6 9
202-
49
1343
$
v:17
17 1.
00 34
16
21 01
1,
14 16
13 6
Eight of our fighters are miss- Thu.
+
0572
01 3
21 346 3
14 32 32
Tel. No. 30332,
of petroleum to that port on her The Wing Wo carried 18,000 tins last trip.
TEN FOR EIGHT Supposing that in time, Russia
LONDON, Aug. 28 (British Wire- occupied by German armles as far less) It is learned here that 19 Mon. east as Moscow, it will then be a enemy fighters ware destroyed by forgone conclusion that, the entire British gnters during offensive Baltic sea, including the Cult of operations over Northern France Wed. Finland, will fall into the hands early yesterday morning,
of the German armies and the navy will lose no time in assault- ing. ing Kronstadt and overpowering the Russian warships, with their inferior weight of metal, that have taken refuge there. In that Case the German navy would cap- ture in the Baltic a formidable addition to its' feet.
VALUABLE REINFORCEMENT This would include two aircraft carriers, accommodating 40 planes each: seven cruisers, four of 8,500 wus, one of 8,300 tons and two of 6,500 tons. Then there would be no less than 25 destroy- ers of which many will be of a size of nearly 3,000 tons. In addi $100 to these there would be at least 10 medium-sized destroyers of about 1,200 tons, 18 torpedo boat mine-layers and most f Russia's 130 motor torpedo boats.
As valuable as these specific re- inforcements would be to Hitler's navy, the capture of the 75 to 100 Į submarines, which Russia is said to have in the Baltic, would be a far greater asset to him. Unless destroyed by their crews before capture, these submarines would form an important addition to the German submarine Holtillas operating in the Atlantic. In the
JHINA NAVIGATION
COMPANY, LIMITED,
Frequent and Rogular Sailings for
BWATOW, AMOY, SHANGHAI, TINGTAO, WHIRAIWEI
Carroo, and TESTOIN.
KWANGOHOWWAN and Hotnoś
HAIPHONG
CANTON (Wookly sailing)
TOURANE, SAIGON Led Bank.
I
SINGAPORE PORT SWETTENHAM and PENANO
SAIGON, MIRI, Sandakan, Madang, Salamata. Babaug,
TULAGI, Gizo and Lorengau.
For further particulara regarding loading dates etc. please apply to:-
:
BUTTERFIELD & SWIRE
TELEPHONE NO. 30331
BANK LINE (CHINA)LTD
AGENTS FOR
ELLERMAN AND BUCKNALL S.S. CO., LTD.
Regular sailings for UNITED KINGDOM NEXT SAILING END OF AUGUST
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THE BANK LINE, LTD. ORIENTAL AFRICAN LINE
for Mauritius, Reunion, Tomatave, Lourenco Marques, Durban and Cape Ports ÀS OPPORTUNITY, ⠀ OFFERS AMERICAN-ORIENTAL LINE
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BARBER-WILHELMSEN
SERVICE, TO
LINE
BOSTON AND NEW YORK
Via LOS ANGELES & PANAMA
by NEW FAST VESSELS
NEXT SAILING EARLY SEPTEMBER
Taking cargo on Through Bills of Lading for West Africa
(vis New York)
DODWELL & CO., LTD.
Hong Kong. Bank Baulding,
Agents,
Telephone' 280N).
SUMMER CLOTHES
Women's, Men's & Children's
WANTED URGENTLY
HONGKONG BENEVOLENT SOCIETY Monday & Thursday
ICE HOUSE STREET
10 to 12 Noon,
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