BANKI
TION:
THE BANK OF KAST
HEAD OFFICE HO 10. Den Vaux Bond Ea
TH
CHINALMAIL.
COMMER PAND FINANCE
FRIDAY
Barva: Liability of Proprietors...
NKAD-OFFICE, 203NGKONŮ.
-JOURT OF DIRECTORE)-5'}
BMT, A. O. Lang.. Deputy. ChalimAR..
·W. 2, Ball; Bag,
AI. Comptonų Bagi,
W. L. Pattanden. Kaq,
AMUT
BANUSOR
KATAVIA
BOMBAY
Jon Flem
1,
Whall, Xaq...
[S, P. TVISERA, Mat.
H.. Young, (aq)
Shief Mazagar,
A. H. Barow, EN
BILAN CHRI
CALUSTEA CANTON
UH FOO
COLOMBO DAIREY FOODHOW.""
LONDON
LYONS
MALABOA
MANILA
Authorized Capital
PakliUp Capital Cit
Beserve Fund
BRANCHES AND
Batavia Melbourne Ban Brazalsoo
DEALERS
Bombay
NagnaF Saxle
Calenite
New York · Samasyang
Caution
Haiphong Paris
Bhang had Stagepor
Elonojala:
Paking
Bourabay's
SINCREASER
Kobe
Peng
Talpeb
Kowloon Rangon
Tiental
London Manila
Skipp
Tokyo
Correspondents to all principal cities of the world.
Every description of Banking and Exchange business transssted. Lead granted on approved securities.
BAFE DEPOSIT BOXES to isk
KAN TONG PO,
Chief Manager.
Hongkong, 22nd May. 1986,
MOURDEN
NAGASAKI
NEW YORK
PRKING
行假商工法中
"PENAKO.
BANDUON
HAIPHONG
BAN FRANCISou
HAMBURG WANSOW HARMIN
TONGKKW
ILOILO
ХРОН
JOHORE
KOOM
LUMPUN
KUALA
SALJON
SHANGHAI
BINGAPORE-
"BOURABAYA
BUNUEL PATANT
TIXNTRIN
TOKYO.
TSINGTAO
VOKOHAMA
Current Accounts opened in 100K) ÚBryancy
And Fixed: Deporte Tacaled for and your er shorter period in Local Jurrency 7 ALTIN
Lern whith will quoted on applian Hongkong 18th October, 1958.
HONGKONG SAVINGS BANK.
The Suduce of the alure 3 JUR quoted by the ONGHOND AND HUANGUAT RANKING CORPORATION. Bulow may be obtained on typilation."
FOR HONGKONG & HANGHA BANKING CORPORATION.
A. H. Barlow,
Hongkong, May,11925.
Chief hinnagat
BANQUE DE L'INDO-CHINE. HEAD OFFICE: 96, Boulevard Haussman, Paris, Subscribed Capital. Fr. 72,000,000.00 Paid-Up Caplint ... Fr. 88,400,000.00 Reserve Fund... Fra. 50,067,288.54 BRANCHES. Hatay Battambang Hongkong Calon
Bangkok
GSTV9
Djbous!
Fort-Bayard
poeta
Halphong Haskow
aking:
Pondicherry
~itanghal
Singapore
Tientsin..
inom Pent Yuna ufu BANKERS:
IN FRANCE: Comptoir National d'Escompte de Paris; Credit Lyonnais; Banque de Paris et des Pays-Bas
Credit Industriel st Commercial; Sociate
BANQUE FRANCO-CHINCISE
pour le
Commerce et. L'Industrie
{Ospital
Bonorvas
(Incorporated in France)..
Par's.
or who ther the compradores will accept COMPRADORES COMMISSION the old scale to encoura
PIECE GOODS AND SUNDRIES,
The following, is a translation of a letter from the Piece Gooda Guild and Sundries Goods Guild to the Compradore Association (of Hong Kong) in protest against the proposed increase of commission:
· 1988.)
NEW LOAN
Rugby Dec 30 The terms of the Government's
war debt is in shirt-term debts;
ANSINSTRU
TURE
come of the most valuable and at-i tractive lectares ever delivered to the Insurance Institute of London was given by Mr. A. Rogers (sacretary of the London and Lan- cashire, Insurance Co., Ltd), with the title "Fire Incurands:: Sozia Everyday Froblema and Their Lessons.
4 per cent, loan available to cast Mr. Rogers made a masterly sur- subscribers at 85 per cent, but yer of fire insurance throughout the primarily designed to secure con world. His arst consideration was version of part of the short-term the extension of are cover to em debts contracted during the war brace special and extraordinary In reply to your intimation as into a debt of a more permanent hazards. He added do not to increase of commission, we beg form, are published to-day think I am exaggerating when I say to jointly inform you that after At the end of March. the Na the study of special hazards--par- ¡tional Debt: amounted to £77,616,-! several meetings of our members, 000,000, of which war debt acicularly in an age which seems to we concluded to point out to you
be peculiarly subject to convul that in consequence of last year's counts for nearly £7,000,000,000 sions is one of the most interest brogible, we have already suffered annually. Over £4,000,000,000 of ing and complex of our business, seriously. In spite of the present and falls due for payment on de calling for the exercise by fire in- resumption of transportation, business just remains as dull, and finite dates within the next surance underwriters of a wide It was borrowed knowledge of subjects outside the we are with great difficulty seek twenty years.
causes and prevention of Aires. ing for ways and means for re-for the most part. at 5 per cent. 6, Chater Road, Victoria, Hongkongmedy. We can never comply with Since 1920, thers has been a In a city like London the danger your request as to increase of marked cheapaning of capital, and of any fire spreading to the dimen HEAD OFFICE: 74, Rue St. Lazare, commission. In the words of your it was in anticipation of this desions of a conflagration is not re- letter, your members have suffer-velopment that borrowings were garded as serious, except in the [most congested districts Other- ed great loss by the bankruptcy for short periods, so that as Pre 20.000.000,- of many buyers; you have, there money became cheaper dearer wise the insurance companies would Pre 11.160.000,- fore, to increase your commission loans might be replaced by cheap not be justified, despite their great A number of these resources, in issuing insurance Special Working Capita!... 50.000.000,- as means of compensation; but er issues.
you must not forget that by the conversion operations has already policies for an aggregate sum of £2,000,000,000, which represents ap-| bankruptcy of many of our sub been carried out.
Although the yield of the new proximately the present Insurance buyers, we have likewise suffered: great loss. Thus it will be clear loan is less than that afforded by cover in the L.C.C. area.
5 per cent. war loan, it la ap- Convulsions of Nature, that it appears to be unfair on your part to squeeze the surviv-proximately the same, as is ob. But, in an occurrence such as an ing dealers to make good your tainable on other long term Gov-earthquake all human estimates are loss; if so, where could we recover ernment issues, and its attraction rendered of no account. The safe- Nationale du Credit Banque de ours? Further, regarding your over them lies in the novel provi- guards upon which the insurance company depende disappear instan plea as to high cost of daily re-sion for a sinking fund.
Whatever may be the amount taneously-buildings collapse, fire quirements, causing all unione to ask for increase of wages, etc., of the loan," the Government walls are demolished, streets are it must be understood that in all undertake for a period of ten blocked, and Bre brigadas and cases employees are asking from years, so long as the price of the water supplies rendered ineffec employers for such increase, and loan is at or below par, to spend tive.
Moreover, a new danger arises by no means from patrong, the each three months $2,550,000 in measures you choose to take being the purchase of the loan in the owing to the breaking of gas mains, the displacement of chimneys, and quite different. It is our anani-market for cancellation.
The "Times" says, "The loan the contact of inflammable mate. mous determination to pay you half per cent. commission as has been skilfully and ingeniously rial with naked Nights; and it is a usual and no increase whatever. devised. It should not adversely miracle if fires do not break out in We sincerely hope that you will affect price of existing stocks, and many parts of the devastated area be good enough to cancel your it should tend to enhance British Once such fires start, they have proposal as to the increase, so as credit by avoiding large additions practically to burn themselves out to maintain our ever friendship in the comnng year to the floating as there is no facility left for ef and the continuance of our peace- debt."--British Wireless Service.tinction. ful dealings.
Paxi
Saigon
Peking Canton
BRANCHES: Lyons Haiphong Shangbai
Marsilles Hanol Tiantain
Eongkong
BANKERS:
FRANCE:-Societe Generalo, Banqur
Paris et des Pays Bas LONDON::Midland Bank Lotali, NEW YORK: Irving Bank Columbia
Trust Co.
Every description of Banking and Exchange Business Transacted. Corre spondents throughout the world. A. BOLLIN,
Hongkong, 1st December, 1925.
Manager.
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA. Incorporated by Royal Chatar 1853. HEAD OFFICE: LONDON.
£3,000,000 IN LONDON: The National Pro- Paid-up Capital
£4,000,000 vincial & Union Bank of England, Ltd.; Reserve. Fund
£3,000,000 Comptoir National d'Escompte de Reserve Liability of Proprie- Paris; Credit Lyonnais.
Generale.
IN NEW YORK: J. P. Morgan & Co., Fresch American Banking Corpora șion; Guaranty Trust Co. of New York
Agencies and Branches.
tor...
ALOR STAR
(Malay Scaten).
AMRITHAR
BANGKOK
BATAVIA
to.
BOMBAY BAIKUTTA
CANTON
Interest allowed on Current Accounts and Fixed Deposits according arrangement.
Every description of Banking and Exchange Business transacted.
A. LECOT,
Kanager.
Hongkong, 11th December, 1925.
NEDERLANDSCHE HANDEL MAATSCHAPPIJ.
( NETHERLANDS TRADING SOCIETY.)
Established 1824. Hongkong Branch Established 1906.
authorized pits G 180,000'000 £12500,000 PAR-Up Capital... G 80,000 £ 6,851,67 Reserve Fond..... 10 £1,159,778 Special Ratto ... 2 40 2888,250
·HEAD ́OFFICE:-Amsterdam, CASTEEN BEAD OFFICE:Hata via.
BRANCHES
Sandersin: Band Bontbey
Calcutta
Djakjakarta Kota Radin
Pidang Panang
Botterda Elbespore regal
Cheribou 14onteir The Hague Kobe
Medan
Pembang
Pontianak Ница пик Karabsin FJilusjaj
CAWNPOUR CKBU COLUMBO DELHI HAIPONG UAMBURO HANKOW HONGKONG ILULO IPUI
KALACHI
KLANG
конк
KUCHING.
KUALA LUMPUR
MANEAS
MANILA
MXDAN NEW YORK
PEEING PENANG PENAWAR PUKET BANGDON SAIGON
ARMAKANG BEREMBAN SHANGHA SINGAPORK BOURABAYA TAIPING (F.M.83 TAVOY TIENTUIN TOKYO THINGTAO
YOKOHAMA
ZAMBOANGA
ing business transacted.
+
TRADE DISPUTE.
COMPRADORES REPLY TO THE DEALERS
RUBBER PRICES.
Obviously, therefore, in coun tries notoriously subject to earth- quakes and similar convulsions of Messrs. Carroll Bros have receiv-nature, unless the policies contain- ed telegraphic adɗthem from Singa-ed a condition that loss or damage poro advising that Rubber le now happening under circumstances "quoted at 66 cents per ib. The such as the foregoing was not in2o following Dividends have been sured against the companies, it declared:-
they did business there at all, would Mayfields-26 per cent. Interim be under the constant necessity of making 75 per cent to date:
limiting and restricting their total New Seudale 5 per cent Interim, commitments not because of the Below are the latest quotations-fire hazard, but because of the pos
Straits.sibility of what might. conceivably
Through their association the compradores of Hong Kong for- eign honga have intimated to Chinese dealers who buy through them that as from January 1, 1927 the compradores commis- sion will be 1 per cent. Instead of 1 per cent, as hitherto.
After a series of meetings, the Piece Goods Dealers and Sun- dries Dealers replied to the com-
(Phillpine inlude) pradores, refusing to acknow- Foreign Exchange and General Bank-edge the increase. Yesterday Current Accounts opened and Fized the Compradores Association re- Deposits received for 1 year or shorter plied to the dealers' letter to the periods, at rates which will be quoted effect that they did not see their on "application.
A. H. FERGUSON, way to alter their decision,
It now remains to be seem what will be done after the holidays, whether dealers who wish to buy.
Manager.
Hongkong, 1st August, 1928.
ا دارم
Ayer Moleks Ayer Panas Balgownies Bassetta.. Bregas
Allenbys
290
Alor Gajahs
3.00
Amalgamated Malays
450
2.35 12.75
4.70
1:30
1.50
Bukit Jelutongs
10
Bukit Katils.
"15.
Changkat Serdange
o.to
Connemaras
Glenealies
2.60 3,80
Indragirie
10.0
Jerams
1.75
Jimaha
2.60
Kedahs
4.40
Кетрав
9-10
Kuala Siding
Lunas
Malaka Pinda's
··2.65
1,800,000 1,050,000 ....1,350,000"
Malakoffs
49
Mandal Tekongs
70
Mayfields
15.25
Mentakabs
New Serendahs Pajams
Hour RYA
THE BANK OF TAIWAN, LTD. THE MERCANTILE BANK OF
(TAIWAN GINKO.)
Peckiongan
Kualoak Blinghini
Incorporated by Special Imperial Charter, 1899.
Siboys (Fumare) Capital Subscribed" ..... .Yen 45,000,000 Hoerakarta (Solo) Capital (Paid-up) Ten 89,975,000 Woltarteden.
HEAD OFFICE:-Taipeh, Formoss.
LONDON BANKERS— National Provincial Bank, Ltd. Correspondents all over the world. BANKING BUSINESS OF EVERY
DESCRIPTION.
O. STEENSTRA,
Manager.
Hong Kong, 80th Dec., 1926. THE YOKOHAMA SPECIE BANK, LIMITED.
Established 1880.
Capital (fully paid-up) Yen 100,000,000 Meekrva fand ... Yen 89,500,000
Head Office:-YOKOHAMA.
Branches and Agencies at:
Newchwang.
New York.
Osaka.
Peking Rangoon.
"Rio de Janeiro.
Baigon. San Francisco Beattie Semarang, Shangha
BRANCETS:
INDIA, LTD.
HEAD OFFICE:
16, Araomožnrol Street, Zoudon,, J. C) Bj..."
Authorised Capital....28,000,000 Subscribed Capital
Paid-up Capital ....
Reserve Fund
ANKERS The Bank of England Milind Bank, 144, - BRANCH KAT
Kuala Lumpur Bangsun JAPAN:-Tokyo, Yokohama, Kobe, Bangkok Golla
Batävis Hongkong Kuantan Priang) Hhangha Osaka,
Mindran. Bombay gwrair?
New York. Bingapore FORMOSA: Giran, Kagi, Karenko, comitia Kandy
Panang Colombe Karachi. Keelung, Makong, Nanto, Shint Kuta Bhara Fort Loula (MauritJux) chiku, Taichu, Tainan, Takao, Tamsul, Tom, Hatto,
ÜONGKONG. BRAGTEN, Every rips of auking and Ezohanga baaf-- CHINA:-Shanghai, Hankow, Amoy,
Pllowed on Current Asconsin at 2 per Deporia A rates that may be necertained on application.
OʻL C. BANDEJ
Tailo
Foochow, Swatow, Canton.
O
"
OTHERS Hongkong, Singapore, sont per arman on Day SAATION MAG UA FLOT
Soerabaya, Semarang, Batavia, London, New York,
Bombay,
Calcutta.
LONDON BANKERS;
London County Westminster and··
Parr Bank,
The Bach has Cerrespondanta in the Oomaserola). Castros Lá 104e-Enropean Continent,. Kumin, MAY
·Philippine Jara, dou
«7; Queno's Kond Central, Hongkong, June 18
Manager.
THE BANK OF CHINA:
行
中
durite imelaga Apa Jado-China, Blata, hadis, (Specially Authorised by Presidential
Internet allowed in Current Ecomusta, and Ffaed Deposita at jaten which will be quoted 'om spaliów. tion.
TAKAGI T. Ant Manager. HONGKONG BRANCHİ
& Dei Voux Road Central," Hongkong, 7th May, 1926, 147
THE BANK OF CANTON, LIMITED.
Load Ones
Authorised: Capital
Paid Up Caplini vangakazidi (BRANCHES - PAIN CON
ELORE DER
1206,000
Bwator
· Darrependeza tu ali, Principal citim of the
ZONDON, MANICHES An, 100:
Mandate of the Republic of China on the 22nd of Movember, 1917); Authorised Capital $60,000,000.00 Paid-up Capital & de $18,E 0.00 Reserve Fund LAN € 0,629,1
2
Punggora
Sandycrafts Scudals Sungei Bagans
Tapahs...
Tambalaka
happen if an earthquake occurred. The insurance companies, folu expensive lowing extensive and Kitigation, realised that the whole position as regards the policy exemptions was very unsatisfactory, I think I am expressing the view generally held by the companies when I say the last thing they wieb is that there should be any differ ence of opinion between them and their clients as to what is covered; by a fire insurance policy.
Gradual Process of Education. There is no desire at all to issue
cover
a policy which pretende' to something more than the companies
3 CO are
400
6: #50
are legally liable for under the strict wording of that policy, and no company wishes to have disputes Bettled in court
Now, with this broad principle in mind, the companies set about pro-i viding new.conditions which would
show clearly and without a shadow! 260.x d. of doubt that a fire insurance policy 1.20did not cover these hazards, which
3:30
2.80
4:15 -33.40
*1.35-
Teluk Ansons...
- 16.75
United Malaccase
Utan Simpana
MEXICAN OIL LAWS --
I have for convenience styled "con- vulsions of nature.!?!.
We had come through a gradual process of education. San Fran cisco had taught us that in a case
where our policies did not contain 260
a specific protective clause we had 460,
to pay, despite other clauses bear Ing on the state of affairs created "by an ear bake which might help us. Valp shown the difficulties is our clause under
Mexico City, Dec. 80, President Calles has declined an application by several foreign of companies for an extension beyond January 1, the date on which the new Merican, land, and petroleum laws wil
The companises ex were unable to as they stood not protect before 1917
The
HEAD OFFICE:PEKINGE HONGKONG BRANCE 24. Queen's Rood Central Branches; and Bub branches all over Chink-and- Correspondanta: In- Büropa, Amaries, and other parts of the world. Lon on Bankers The National Provins also dia Si-dal and Union Bank of England; LAA.
The Guaranty Test Company
w York T
New York Bankera; Te National Bankrate.
The Equitable Trust Company
Interuit allows
and Fixed Deposit
sident's
stan Brough Jamaica of the we wou
Borsalino
THEY
'ANTICA CASA. BIONDATA: NEĮ
1887
are used by millions of Men who care for a really superior Hat
THE SINCERE CO., LTD.
Agents.
Malarial Debility
When the malaria itself has left off, when the ravages of the parasites have broken" your strength, that's the moment to start taking Sanatogen. Your bloode in, weakened and Senatogen wit multiply the quantity of sed corpuscles in an amazingly short time.
A doctor, writing in the Medical Press 2. Cliqular, ban proved that this incase of red blood comprades par Circo in acçne cases was sa higlo na 99,000, in one week, " and avan 300.000 in a fortnight.ht : 4,2。,
Sapatogen will infuse incn dise very calls of blood, nerves and close exazzly those elementa-phosphorus and albumin-froes which, strength is darived, and ac will povitalise your whole system" la'a mADAIRE WAY..
SANATOGEN
Obtainable at all chemises and storia.
in reacing Baby
propia climata
nie Babies
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