The Bank's total deposits at the lend. of the year amounted to $242. 047,000, an increase of $29.058,000 as compared with 1093. Current counts amounted to $171,285,000, an increase of $12.681,000 over 1938, fixed accounts $65:299,000 ($12,104 }000. Cash orders and miscellaneous, deposits $5,463.000 ($4,200,000), In recent years, fixed deposits have increased at a faster vote than current deposits, as there is a growing tendency to have fixed accounts with the banks and secure better interest, especially during times when buslness is at a low ebb.
Loans and investments amounted Jot - $214,891.000, an increase of $35,- 792,000 over 1933. Not counting the investments in securities, the total of bills discounted and fixed and short loans amounted to $191,520,000.
The Bank beld special attention to the fnaneing of commercial and industrial enterprises. The disinclinaion of traders in former days. to provide collateral. and the lack of godown facilities, acted as a deterrent to the making of commercial loans, but, in view of the change in recent years the bank now is prepared to devote a major portion of its Tesouces to such transactions, Refmittances amounted to. $201,042,000. showing an increase of $80,416,000 lover 1993, and the bank "purchased rafts of '$177477,000, an_ increase of $71,457,000. Shanghai easily led with '$141,498000 in remittances and $71 '767,000 drafts purchased.
Nanking, Apr. 22.
In view of the rigid meseures taken by the Government of Siam to sup: ress the instruction of Chinese among. the Chinwwe residents in Siam and to restrict their freedom of residence and business, the Executive Yuan summoned a joint meeting this morning of the Ministries of Foreign Affairs, Interior and Industry and the Overseas Affairs Commission 9 discuss measures to deal with the situation, "Recently the Government received repeated telegrams from the Chinese General Chamber of Com-mere in Siam, petitioning that official action be taken with -the Siamese Government to modify these measures in order to protect the interests and business of the 3,000,009 overseas Chinese in Siam, Owing to the lack of diplomatic relations between China and. slam, General Chiang Tso-pin, Chinese Minister to Japan, has recently been instructed to negotiate with the Siamese Minister in Tokyo for the modification of the new Siamese Inw restricting the instruction of Chinese among Chinese school children in Siam, but the negotiations have become deadlocieed—Chekial Agency.
Text read from the printed page and cleaned; old type leaves the occasional error.
