HONGKONG AND SHANGHAI BANKING CORPORATION..
HEAD OFFICE: HONGKONG...
Authorised Capital $50,000,000 Istood and Fully Paid up...$20,000,000: Reserve Funde:-
Storling......24,300,000. Silvas......$27,000,000
Reaorvo Liability of $20,000,000
Proprietors
COURT OF DIRECTORS:
Hon Mr. DO M. Bernard-Chairma
Hon. Mr. A. O Lang
175. Ball, Beq
AH. Om
Kh.Kolyesk, B
Deputy Chairma
J. A. Flummer. Bac.
T: 14 Want;. Ran·
HP: White, Karj
WALL: a,. Bao, † G.. M. Young Kaq.
CHIEF MANAGER:::
A. H. BARLOW, Esq..
Manager: Shanghai-G. H. STITT, Esq.
LONDON BANKERS.
Westminster Bank, Ltd.
CURRENT ACCOUNTS eponed in LOCAL CURRENCY and FIXED' DEPOSITS received for one year or shorter periods in Logal Gurronsg and Sterling on terms, which will be quoted!) an application.
Hongkong 21st April, 1026.
THE
THE BANK OF EAST ASIA, LIMITED,
ÉHAD OFFICEF" KÖNGTONG || 16). Der Vorax Bond Contral, Hongkong.
Authorised Capital Paid-up Capital w
Reserve Fund (1998)
DIRECTORS1.
$10,000,000 4,000,000 1.200,000
Ben. Sir Shou-son Chow-Chairman Fung Ping Ehan Mok. Ching Kong
Wong Yun Tong Eurah Tal
Li Koon. Chun
P.. E. Kwok
Ng Ching Bank
11
Kan Ying Po Pong Wa Ting Chan Ching: Hank Every description of Banking and Exchange business transacted. Lowe granted an approved: securities..
SAFE DEPOSIT BOXES to let KANTONG PO,"
Chief Manage
Hoogkong, 5th February, 1921,
行銀滴工法中
BANQUE 'FRANCO-CHINOISE pour le Commerce et L'Industrie (Incorporated in France)........
5. Chater Road, Victoria, Hongkong. HRAD OFFICE: 76,, Exe #1.. Lasare Parim
THE CHINA MAIL
COMMERCE AND FINANCE
MANCHESTER PIECE GOODS..
James P. Hutton & Co., Ltd... Manchester, In their weekly' report. undor date Wednesday, March 31, states
HOTELS CO., LTD.
Shanghai's "Kalee" Reported
To Be Sold.
A welcome improvement in the The Kalas Hotel of Shanghai demand for cloths, etc. is being has been sold by the Hongkong
Band: quarters.. Fexperienced in some
Shanghai Hotels, Ltd. The rise in cotton is probably the Neither the price nor the name of cause of encouraging buyers to re-the purchaser has been given. new activity. So far as can bui It will be recalled that this ascertained only T
moderate property came into the company's quantity has been booked, but hands a few years ago. It is there are expectations of larger situated in Kiangai Road. Other business; this is of course the usual properties of the company in result. India has bought perhaps Shanghai are the Majestic, Astor
House and Palace Hotels:
rather more than has yet come to
light. The steadiness of the cotton
position in spite of moderate sup-
director of the company, has been Mr. J. H. Taggart, managing
terest you to know, assuming that the part of 1926-27 crop that hus hot been sold forward realise only 70 cents per lb. them the probable profit for the current year will ad mit of a higher return per Share than that for the year under re- view:
WEDNESDAY, MAY
A new Smoke House of the Doven type is now in course of erection, this should be able to deal with 40,000 lba par month, whan it is working it will be pos- sible to make the major portion of the Estate's output into Smoked Sheet
1926
HONGKONG TIDE.
The tide-table given below has been obtained by ald of the Tide, predicting Machine, which oludes 40 components for the better, prediction of tides, from the re- sult of the zarysis of the Eidal! observations, taken at the Kaulung: tidal observatory under the direc tion of Dr. Doberck during the years 1887, 1888, and 188913
The times and heights are given. for Kaulung but they may be used for the Victoria Naval yard and Aberdeen, the differences being very small
Turning to Estate matters Mr..
This is all have to say, Gentle Pinching. Technical Advisor and men, regarding Estate masters, be- Visiting Agent for the Straits fore concluding I would like to ex- Agents, visited the Estate laat press, the appreciation of the Board February, and his report is quite of the good work done by Mr. satisfactory. The general growth Raves, the Manager, and his staff, and development of the trees con- to whose efforts is due the satis inued to be normal, the younger factory results of the year's work plantings are showing good growthing. I wish also to express thanks and the replanted areas still maka to Messrs.. Kennedy, Burkill & Co, The times of high-and low-water satisfactory progress. The trees Ltd, the Ipoh Agents for the at- must not be considered to coincide show marked freedom from disease tention given to affairs of the Com-with the times of slack-water and
change; of or peats.
current, the two phenomena being quito distinct.
April 30 to May 8, 1928..
DANI HIGH WATER LOWER WATER.
Standard, Standard April
Time
Eit
· Timer
The Standard Production for the fixed at 580,172 lbs. The average Fourth Restriction year has been
port at this side should encourage the Shanghai, apparently in con-output per acre for the past year
nection with the transaction..
"
"REÁL THINGS.
the placing of those orders which have been waiting for favourable opportunities. The, principal In- diaa outlets have been enquiring for grey shirtings, in many cases only a copper or two lies between buyer and seller..but with prices in most cases atrendy very low, even this mall amount is difficult to
"Barclays Bank Monthly Re- bridge. Dhootles and mulls are also being asked for. News review" in an article on "The need garding China is very hopeful for fresh capital sets out one
Some Economic Facts..
»
BONGKONG SAVINGS BANK]}||«,
THS., Business of tho above: Bank In condnoted by the HONGKONG AND SHANGHAT BANKING COR PORATION Bulos may be obtained Special Working Capital... 500,000 Auctions are reported to have done or two vital economic facts that on. Application
INTEREST on deposita in calculated:
on the lowest balanca during osob: com. pleted: Calendar Month at 3 per cent. per annum. Should there be no balance on any day in a month no laterest. will be allowed for that month..
Dapostors may transfer as thoir option: Baianos: of 8700 or more to the HONGKONG & SHANGHAI BANK. to be placed on FIXED DEPOSIT: ■t BURRENT BATESI
For the HoranƠNG MIŠMANOMA'3/
BANKING CORPORATION),
A: F... BARLOW,
Chiat Manager,
Hongkong, 7th January 1925.
BANQUE DE L'INDO-CHINE.
ELLAD OFFICE:
#5, Boulevard Hauerman,. Pariai.
Capital:
Reserver:
Fra: 20.000.000,- Frs:11.100.000,-.
Peria
Balgon
Peking
Canton
BRANCHES
Lyon
Marselam Haiphong Hanal Blinnghad Tientsim Hongkong
BANKER.H
Banque
FRANCE: Soalete Generala
Nationale de Credit, Banque de
Parim et, dem Payu, Danı LONDON: Midland Bank. Ltd.
NEW YORK: Irring: Bank Columbia
Trust Co
2
rather better and further business are worth putting on record is expected. So for not too much
"Capital in its economic sense," has been booked; one or two weeks. hence will probably see a definite says the writer, "consists of real change for the better. Fair bual-things, such as factories, plant ness is reported for the Straits and machinery, raw materials, Egypt and the Near East are still etc., while credit provides the for the quiet side, South American
trude is a small to moderate means for obtaining them.. Home trade and the Colonies have
"Real capital cannot be increas been buying on restricted nesed by inflatory methods, but, only. Continental enquiries are as a gen- by saving. He, by securing a sur eral thing on a very low base, plus of production over consump Every descriptia of Banking and with the consequence that only a
tion." Exchange Business Transacted. Correamall amount has been booked. The holidays which commnence to
"Just as an increase in rent spondants throughout the world:
morrow will cause a cessation in capital depends on a surplus of trading. Meanwhile, if cotton con- production over consumption, so) tinces the upward course, we can an increase in real wages depende look forward to a fair volume, of business. "next week. A further on increased productiveness:
"Any reduction in working almost certain to bring out more hours should be accompanied by business than is generally bup-measures designed to ensure posed. Spinners of American yarns greater efficiency and a larger out- have already advanced their quota put per hour worked. tions, nevertheless some difficulty "The alternative is to run the is being experienced in obtaining risk of lowering the standard of the advances asked for. In" many living or diminishing capital.sup. cases they have to be satisfied with plies either or both.
A. ROLLIN Manager. Hongkong, 1st December, 1925.
Subscribed Capital ... 1,000,000.00 THE CHARTERED BANK OFquet Improvement in cotton values Paid-Up Capital. Fr. 68,400,000:00: Escurre Fund... F 19,607188.4 INDIA, AUSTRALIA & CHINA.
Bangkok Battambang Canton
Hanni : Hongkong
BRANCHES:
Mongiza Noumes
Pondicherry "Saigon
Shana haf fingspore
For-Bayard:
Pamata
Tienin
Haiphonk Peking Elankow
Toarne
Dube Lic
...Phoro-Pont Younnu
ONKERE:
IN FRANCE Comptoir National:d'Recompte
de arix Credit Lyonnaik. Banque de Paris et
de Para-Bast Credit fodustrield Commercial Bocietà framerale.
Onlou Bank of England, liði;. Cotantolz
INCORPORATED BY ROYAL CHARTER, 1858.
HEAD OFFION: LONDON.
Paid-up Capital
£3,000,000 Reserve Fund.
$4,000,000 Reserve Liability of Pro-
pristors...DES
12-£8,000,000
"FOREIGN EXCHANGE and General
IN LONDON: The National Provincial Banking business transacted.. National Banningta da Parły:Cowlis Lyonnais CURRENT ACCOUNTS opened andi IN NEW YORK JP: Margan & GoXED DEPOSITS received for 1 year Trenah.
American Banking Corporation; for shorter period at rates which will be Guaranty Trast Co. of New York,
quoted on application. +
Interest słowolyn Chareant. Aconuria and Fixed Deposits according to armngartent.
Every Ameription of Banking and Exchange Basim tranmuted, "
T LECOT,
Manager. Hongkong, 11th December, 1925.
NEDERLANDSCHE HANDEL MAATSCHAPPIJ.
(NETHERLANDS TRADING SOCIETT;)
BetaxtanicaD: 182%) Honorowe Branom Beramtáncm· 1906,
Authorland Capitală. 150,000,000 £22;500,00,
Pd-Op Capital.1. 80,000,000 & 0,646,071
Beserve Fund... G... 20,596,861,4 1,71140.
Special Ecserves... 3. 22,050,000 148
HEAD OFFICE:-Amsterdam. LASTERN HEAD OFFICE:-Batavia.
BRANCHES
Bandjortal
Calcarta Djoka kerta
Kota-Badja
Podaca
Penang
Bandovag: Bombay
Charlbor Djember The Hague Kobe Macassar
Palembang
Puntlansk Semarang
Sotterdam Singapore Boarabada Tegal
j
Modan Pecslongan Bangoor Abang bat Boarkkarta: (Bols
Waiterreden
LONDON BANKERS:— National Provincial Bank, Ltd.. Correspondents all over the world.. LANKING BUSINESS OF EVEEX DESCRIPTION.
J. MAASSEN.
Acting Manager. Hongkong, 10th March, 1928.
THE
YOKOHAMA SPECIE "BANK, LTD.
Established 1880,
Capital (full paid-up) Yen 100,000,000 Reserve Fund'.
Yen 36,500,000
Hold Once:-YOKOHAMA.
Branches and Agendes stį
Bombay.
Buenos. Apesa
Jalcutta
Canton.
Claangetro
Dairen (Dainy).
Newchwang
New York,
Danka,'
Peklog.
Rangoon
Elo de Janeiro. Baigon Fangtion (Mukdan)........ San Francisco.
Hamburg.
Hankow.
Saattia Semarang.
Shanghai.
Eslidone in
Singapore Soerscaya. Sydney. Tientaln
Harbin
Bonolulu.
Kai Yue%
Karachi
Kobe.
Londnak.
Cow Angsim. Larcica
Nagasall
Takro,"
Trinanta:
Tsingtan Yindivostock
wid on Current
AE FERGUSON,
Manager. Hongkong, 15th April, 1923.
Incorporated by Special "Importal Charter, 1999.
Yan 43,000,000 Capital: Subscribed.... Capital (Paid-up). Yen 89,375,000
READ OFFICE:-Talpek, Formosa,
Qiaka.
BRANCHES:
LONDON BANKERS: London County Westminster and
Parr's Bank.
was. 404.3 15. For the last nine. months the yield per acre averaged as the rate of 451 Ba, per annum, If the present area in tapping con- tinues to yield at the above aver are, crop requirements under 100 per cent. S. P. release will be more than- satisfied.
pany,
..
wish to ask; I shall endeavour to if there are any questions you may Before proposing the Reaolutions
answer to the best of my ability.
Fri
The first general meeting in eon- nection with the establishment of the Manchuria Raw Cotton Com- pany is expected to be held spmest.. time this month, negotiations be tween cotton mill owners and raw cotton dealers' within the jurisdic- and the Estate is, generally speak-tung having made a good progress. The Bark consumption is normal tion of the Government of Kwang- ing, well off in the matter of bark It is understood the Company will reserves.
be established with a capital of Year The opening up and planting, of $2,000,000, with head offices in the prosent financial year.
Tokyo..
90 un 10 1470m
-14 384 |:48.
B.
2
Mom.
Tend
1m 10 87.1
90 2.5
D 11.0
m4 4520 0191.0
m 939
2011 37 23 7 141.1 3 m. 1941 m. 5. 35. 3.8
-0. Ita. 8:982 LE 4m 3524.0 m. 88. XD |..., 1, 18a -36,8|| 8449 » NJ Widm 694 4.17 9841 39 6.3 1068 a 145 Thura
m8 184.5m 849
476.0
HONGKONG MARKET PRODUCE.
w Tongue, fresh.
Tangas, corned: "Head!
15
Tail
Liver
•Tripe.....
last week's prices. On the whole "To assume that any de a moderate amount of business husniciency in this respect can be been done both in American and made good by bank credits or by Egyptian counts,
any other means than an excess of production over consumption is Calves" Head & Feet. to invite serious disillusionment Mutton Chop later"!
Log
FALLING
English Wholesale Prices,
SENAWANG RUBBER PAYS 65
•PER CENT. FOR LAST YEAR.
Н
Piza Chitlings:
Brzina
27
Feet
Fra..
Flead
Heart
R
APPROXIMATE RETAIL PRICES.
81289289-3882111.998858982|
| B | អ៊≠គន់ ។ ២៩ || [ ] ភគ | | | 2®ន វុន ] 2 ឌឌឌដ [
Poultry.
April 28 Juno,, June,
1928, 1918 1914.
Ct. Ct. Ct.
45
48
2
#50
リ
24
zr
each 30
Chicken Capons, Small!
Gapons; Large"
Duck
Erzz, Hen (cooking). . **per doz. 88.
Turkeys, Hen Snipe Pheasant Quail Partridges
Almonds r
班
EBR
BÉ LE DE SE IN ANG FRE ##«SEKE INTE
Fruits.
Apples California) Bananas (bride's)) Carambola Coconnats
Lemona, Ching..........
金山推
40:
80
281
38 8 8 8 # FARMI
* ⠀ ⠀ ⠀ * * * * * *2812 11 1
45.
66.24
92 24 PA
90
7:
each 60:
1 8 5 9 8 4 8 8 és
111}
Jb..
野
each
pair:
28
70
Jb.
22
24
4
each 12
10
Ib
ench
Butcher Meat.
April 28 June, June, 1920 1918 1914 Cla. Ots. Cts.
Beet. Bizloin
4.
34 24 123,
M
Prime Cut Corned
H
SA 23
12
*
3' 23
12
#
Ronst
37
24 22
Breast
4
30
· 20: 18.
Doves
Soup
30 20 18
Steak
37
24 22
Eggs, Heo (frenli) ̇新鮮物蛋
э
Steak Sirloin
97
80
35
Fowin, Canton
#
Sausagespannen zi Bullock's Brains
29)
40
23
20
"Fowla,, Butoan
per set; 15
10
12:
each 00
50
60
Goese.... Pigeons, Canton.
B
BO
17
"$1.00
$1.20
Hoihow Turkeys, Cock
H
Heart ENO Hump, Balt... 4.
ib 24
1314
86
18:
#
Feet
each 15
10 12
Kidneys:
21
15 10 12:0
27
215 20: 22
Ib. 27 18 14
-10
sat 31.20 81.00 $1.00:
1b55
13
251
Shoulder
52
*Saddle
鞍
50
40
Per net 8
ib.
20
40
ม
24
ench 15 10 10
12 10
8.
Lemona (America)
Ib... 52: 30 24
Lichees,. Dried
42
28
50 28
27
26:
Oranges (Canton) Oranges Pears (Canton): Peanuts
each. 12, 8
15
12 10
H
50
25.
25
22
Persimmons, Earge: Plantain Pamelo, Stam Walnuts Grapes
#
32.
2018
60
24
特惠
36
19
Vegetables, &c.
40
20.
Fish.
Artichokes
恕
each '11
Benzina, Sprout
26
24
»
26
16
省城淡
1818.
Bitter Squash
243
12
12
48.
'28,
18
2:
05. 28 18
黃尾邊
21
20
12 10
Carrots
26
2010 18
Kidneys.
Liver
Pork Chop
Log.
· Loin
Fat or Lard
H.
...
11
Heart..... Kidneys, Liver
* * *
Sucking Pigs, to order a b Soot, Boef
牛油
Veal
.Mutton
48
The index number of wholesale prices bontinues to fall in Eng- land, and in February last the The satisfactory position, of the THE BANK OF TAIWAN, LTD. "Economist was able to an- Senawang Rubber Estates, Co
nounce that prices had reached a (1921), Lid, was announced on "Taiwan Ginko.)
level which was the lowest touch-April 27 at Shanghai by Mr. E., T. ed for the last ten years. Taking Byrne who presided at the annual July 1914 as the standard, prices general, meeting supported by in February last showed an aver-Messrs. A. K. Craddock and A. J. age of 61 per cent. above the level Welch. Mr. C. J. L. Stewart repre- then obtaining, as compared with sented the secretaries and general 225 per cent, in 1920. The fall in managers, the number of shares Sheep's Head & Fest.. # # 1 per sst 90 60. 70 textiles was chiefly responsible represented being 118,389. for the latest drop in the index The following resolutions were number, there being a difference then passed: JAPAN-Tokyo, Yokohama, Kobo, of nearly ten points between the
That the Directors' Report and FORMOSA: Giran, Kagi, Karenko, figures for January and February. Statement of Accounts for the year Keelung, Bokoto, Nanto, Shin-This has served to bring the tex-ended January 31, 1926, as pre-
Talchu, Tainan, Takao, tile group much nearer to the sented, be adopted and passed. chiku, Tamsat, Toyon, Helteh, Taitoh,
others, though there is still a CHINA:-hanghai, Eankow, Amoy,
Proposed by Mr. E T. Byrne. Foochow, Swatow, Canton.
considerable gap to be bridged be seconded by Mr. A. K. Craddock. OTHERS: Bongkong, Singapore, fore a balance can be reached That a final Dividend of 26 Soerabaya, Semarang, Bataria, This is even more so in the case Candareens per share on the Issued Bombay, London, New York of general foodstuffs, that is Capital of the Comapny be declared Barbal Calcutta.
those other than cereals and meat, making 66 Candareens for the Bream... While cereals and meat were in year:
Canton Fresh February only 53 per cent. above Proposed by Mr. E. T. Byrne the 1914 level, general foodstuffs seconded by Mr. A. J. Welch.
Water Fish. Carp were 99 per cent. higher and tex- tiles 72 per cent. higher. Minerals elected a Director of the Com- Cadfab That Mr. E. T. Byrne be re Catfish had the normal level of 58 per pany cent, above, 1914 prices, and mis- cellaneous goods were somewhated below the average in being only 88 per cent. higher. A further fall seems to have taken place in March, the index number for that month being stated to be 159, or 69 per cent. above 1914. For the same month Japan's index num-
Frogs ber showed that prices were 93 Directors to present to you such Gudgeon It is a great pleasure, to your Garoups per cent above those in 1914. a satisfactory Balance Sheet, show Herring America, Bradstreet's index numing such a strong position. Three Halibub ber of prices, showed that at the interim, dividends totalling 40 per Labros end of January last prices were Authorised Capital... $60,000,000.00 49 per cent, above those of 1913. Cent. have been paid and these Loneh
$18,278,600,00
with the proposed final dividend. Lobst Fund M. 3 9,029,423,24
of 25 Candareens per share (25 per cent, making 56 per centouk equal to 65 Cundareens per share
Mullet for the year, absorb Taels 185,250. Oysters
ha Bagban Correspondenta in the Commeria. Centre in, tha Harapan. Continent, Rearda, Wan.
shoris, Tsingtao, Jagna, Indo Chiga, Stam, india, Depan rates which will be quoted an applica
Interest allowed on Carraut Acatle, and rized
T. TAKAGI,
Manager.
Pilippine Island, Java, Almo,,
Lon
HONGKONG BRANCH:
8, Das Vaux Road Central. Hongkong, 1st November, 1925.
THE BANK OF CHINA. 行鋇國中
(Specially Authorised by Presidential
Mandate of the Republic of China on the 22nd of November, 1817)..
Paid-up Capital Reserv
HBAD OFFICE; PEKING,
HONGKONG BRANCH:
~4, Queen's Road Central Branches, and Sub-branches all over China and Correspondents in Europa, America, and other parts of the world. London Bankers:---The National-Previn- stal Bad Union Bank of England, Ltd. The Guaranty Trust
New York
The Irving National Banir, PARDONNA The Equitable Trans Company of New
York.
Intarost, allowed on Ouerint Anvorinis „and Fixed Deposita, TarmNE OF SUDI
Louna ganu
Longkong 11th March, 1928.
THE MERCANTILE BANK OF
INDIA, LTD. CA
·HEAD" OFFIC
18, dowchart 94, London, B, U. 3.
28,000,000 Authorland Capital Bubscribed Capital
·Paid-uy ·Caprika: Reserve Fund
BANKARA :--
1.800.000 2,050,000 1,350,000
Tha Bank of England' &* Midland Bank, "Lot,"
Güvery desorÍT:
Crabs Proposed By Mr. E. Ball, second- Cattle Fish
by Father G. Castrillo.
Dab. That Messrs. Lowe, Bingham & Daca... Matthews be elected Auditors to Dog Fish the Company for the ensuing year. Eals, Conger secunded by Mr. Chas. Stewart. Yellow
Proposed by Mr. J G Bell, Fresh Water The chairman said
Parrot Fish Parch
Pam Pom
-Interest Taels 4,078.16 paid, on Preference Shares and sundry appropriations, as recommended, Pe leave a balance of Taels 5,090.37 to be carried forward to next year's account, MA If you pass the appropriations re- commended the Company will start the new year with a Surplus of Rock Liquid Assets amounting to Taelé 57:00168,10
The prospects for the coming Homabays year area
advised by Cro
188.18 SIDE
尾肚 水
水
(800) 26.
76 32:25
69
40. 201
Long Beet Root
165912168.551.Bă
10
25:
30
CHATS 1919991
8799-18829 ||
DE MET DE QË DHE TË RE DEL BEN«
沙花紅大道合善
Brinjals, Green
Red
Cabbage, Chinese:
(Shanghai)
Cane Shoots, bunch
Cauliflower (Large);
[(Medium)
(Small)
Celery, Chinese
Chillies, Dried
Curry Stud, Englis
Cucumbers
紅花椒
Garlie"
Ginger,
Onions
Potato,
Rod
15ch 2
Back 20
榮
辣椒