THE CHINA MAIL.

HONG KONG AND-SHANGHAI BANKING CORPORATION:

THE BANK OF EAST ASIA; LTD.

HEAD OFFICE) HONGKONG. *) 10. Den Vorax Road Central Hongkong

COMMERCE AND FINANCE

pisteme, l'è chus 2.0 - 887,000,000

Herve Liability of Proprietor 2000000

BRANCHES AND

· Authorised Capipalika on 2020. Isesed' and Fully Paid-ups Reestra-Funday

#80,000 100 BRÒ,QUÍ 1900,

Authorised Capital

Sterling

800,000-

Pald-Up Capital

Reserve Fund

..810,000 000 5.000,009 *1.200,000 GENCIES

Batavia Melbourne

Haw Franciaco

Dambay

Nag

Bille

SHANGHAI MARKET.

Caloutte: Y

New York

Bentang

Canton

Daka

Alanghal

Expbong:

Perin

Kingapore

Honolulu.

Peking

Bourabays

Kobe

Penang

Talpel

A GENERALLY DULL CONDITION.

TRADE PEACE.

STUDYING INDUSTRIAL.

PROBLEMS

Kowloon

Rang:on

London

Tintrin Takya

HEAD OFFICE, HONGKONG.

JQUET OF DIRECTORS — Lion, Mr. D.. M. Bernard, Chairmas.

Bon. Mr. A. OLARE: Depasy Chairman.

W. I. Hell, E.

A. II. Compton, Keg

W.

Patesden, Zay,

RUY

BAMUKOK BATAVIA

BOMBAY

DALCUTZA

SANTON

CHEFOO

COLOMBO

J. A. Pism

T. G, Weald E.

at. r. White, B+q,,

M. Yeang ug.

Jiel Manager A.+Fl. Barlow, Req:

BRANCHES:-

LONDON

LYONS

MALAOGA

Manf

Correspondents alties of the world.

in all principai

Every description of Banking and Exchange businesss transacted. Loads granted on approved securities.

SAFE DEPOSIT BOXES to let

KAN TONG PO,

Chief Managez

Hongkong, 22nd May, 1925.

MANILA

MOUKDEN

-NAGASAKT

NEW YORK

FERING

JAIBEX

PENANG.

I

YOOCHOW

"

HANDDON

BAIPHONG

NAJGON

MAMBUBO

*MAN. FRANCISCU

行跟商工法中

BANQUE FRANCO-CHINCISE pour le

HAXXOW

HITANGHAL

НАВЯТИ

HINGAPURT

BUVBABAYA

HUNGRI FATANI

TIENTSIK

POKYO

THINGTAD

YOKOHAMA

HONGXNW

110110

IPOH

JOUOSE

KORE

KUALA

MUMPOR

Current Account opened Local Curren and Fixed Deposits vesivari fer ană, gans, DI aborter periods in Local Jarrey and Atarling

quoted on Appli on terres which

Hongkong, 18th. Gerber, 1928,

HONGKONG SAVINGS BANK.

The size of the Abeys Bank Bu ducted by the ONGKONG AND SHANGHAI BANKING CORPORATION, tujem may be obtained on application.

YOR THE HONGKONG BANGUA BANKING COMPORATION.

G

Bongpr, 27th Mar 11UG

A. H. Barlow,

Chist Manager

BANQUE DE L'INDO-CHINE.

HEAD OFFICE:

06, Boulevard Hausaman, Paris.

Commerce et L'Industrie (Incorporated in France),

3. Chater Road, Victoria. Hongkong.

HEAD OFFICE: 74, Rue St. Lasare,

|Capital:

Reserved.

Paris.

PIECE, GOODS CLEARANCES.

Keynes: and Japan's Burin

MJM Keynes, the economist, writes in the current "Nation and Atheneum on the position of the Lancashire cotton trade

The directors of the Amalgamated Anthracite Collferies, Limited, and

of the United Anthracite Collieries, tidal observatory under the demo

The times and heights are given for Healing; but they may be used. for the Victor! Noval yard and Aberdeen, the diferences bein vary manll

As compared with the volume of Limited, have provisionally agreed ton of Dr. Dobards during t its pre-war export trade, anoto scheme of amalgamation of Fears 1887, 1886, and 1889,- shire has lost about one-third of its their combined properties of ten business.

collieries in each group situated in For the world as a whole thers South Wales, including the well Rugby, Jan. 4 The determination to make the was something of a slump in 1923-24 known Great Mountain and Croes

The times of high-and low-wäteś, Being under the influence of the present year as notable for in-as well as in 1920-21 but this was Hapdo collieries.

It is proposed to effect the smal-must not be considered to coinolds holidays there has been little doing dustrial pesce and prosperity as covered in 1924-25 and 1925-26,

[current, then, twe in the local markets during the last year was the reverse, con- with a total consumption comfort-gamation on the lines of anx with the times of slack-water and past week, says the "North China tinues to be expressed by leaders ably in excess of the pre-war figure. change of shares, each group being change of Daily News' of Dec. 31. In some among employers and the employed.. Indian mill consumption, which entitled to one-half of the new phenomena, being quite distinct.

With the support of many in-experienced a bad year in 1926-26, capital of £4,446,014 respects piece goods have been more active, as the customary da-dustrial organisations, an institute is but Httle changed, and, on the has been formed for the study of average of post-war years 1918-26, mand for stocks to be sold after the fundamental problem of the was a little Better than before the China New Year has been in industrial age." Its promoters, in-war.

What of the rest? Those among evidence, while the centres which

cluding prominent figures in com merce and labour. Intend to eatab whom Lancashire numbers many of lish an independent organisation her customers-France, Italy and of sufficient authority to enable all the others are making a good deal parties to co-operate with them in more for themselves.

are able to buy have been operating rather more freely.

Exports have been very dull, and

there is a monotonous reiteration

There is nothing outstanding to report either in the cotton or yarn markets..

Piece Goods..

tion.

Mr. Ramsay MacDonald in a New Year's message described him-

of the statement that a lack of de-establishing the facts of any ques At the same time. Japan has in- mand prevails.

creased her business by nearly 80 The Fremier, in «å message on per cent during the same period in trade prospects states that he has which Lancashire's has fallen off by no fears of British productive 80 per cent.

The termination of the short-time capacity since the will of mánu In plece goods dealers. have facturers and workers is undimin-polley is urgently called for, and Fes 20.000.000,- been showing slightly more inquiry,ished, but no urges modernisation F11.160.000 principally for White Shirtings, but of the existing methods, Special Working Capitaḥ.......Em 60.000.000-business is still lacking. There is, however, a somewhat more hopeful tone it that they have been clear-self as an unreformed apostle of in- ing of chops which, have been dustrial peace, which "alone makes neglected for the past two or three possible the realization of Socialist ideals: Reconstruction, he says. months. So far as auction cargo

comes by creative effort and not by is concerned there have been more

class war-British Wireless Sar- purchases by merchants with the

vice. idea of clearing them prior to China Near Year and getting then Into consumption immediately after the settlement, while a steadier tone

Paris

Saigon

BRANCHES:" Lyon Haiphong

Peking

Shanghai

Margailles Hanoi Tientsin

Canton

Hongkong

BANKERS: FRANCE: Societe Generale, Bangus Nationale de Credit Banque de Paris: ebiden Pays Bas LONDON: Midland Bank Ltd.

}}

NEW YORK-Irving Bank Columbiaws also introduced because of the

Trust Co.

fact that this is the first auction.

While the Subscribed Capital. Frs. 72,000,000.00. Every description of Banking and for which payment is delayed until Fald-Up Capital Fr. 65,400.000.00 Exchange Business Transacted. Carre after the New Year.

consuming centres which have been Reserva Fund... Fra. 50,607,283.64 spondents throughout the world.

in the market have on the whole been smaller in number than in the past few weeks, it has been noted that those able to buy have. shown a tendency to take larger quantities than previously..

Bangkok

Bastarabang

Canton

Dijbouti

BRANCHES Hiitol Hongkong. Moogize. Nommen Fort-Bayard Paposle

Haiphony

Pondicherry Balyon 1stanghal

Kingapore Tien Win តាំងរម Yannaaf

Bankow

oking Fuom-Penh BANKERS: IN FRANCE Comptoir National: 'd'Escompte de Paris; Credit Lyonnais; Banque de Paris et des Pays-Bas; Credit Industriel et Commercial; Societo Sezerala.

IN LONDON: The National Pro vincial & Union Bank of England, Ltd.; Comptoir National d'Escompte Paris; Credit Lyonnais

de

IN NEW YORK: J. P. Morgan Co.; French American Banking Corpora tion, Guaranty Trust Co. of New York.

to

Interest allowed on Current Accounts and Fixed Deposits according arrangement.

Every description of Banking and Exchange Business transacted.

A. LECOT,

Manager. Hongkong, 11th December, 2925.

NEDERLANDSCHE 'HANDEL #'

MAATSCHAPPIJ,

(NETHERLANDS TRADING SOCIETY.)

[

Established 1824. - Hongkong Branch Established 1906. authorized Capital G. 160,00 000 £12,500,000 Pald-Op Capital... G. 80,000 £ 6,861,87- Reserve Fund.... 730 £1,150,778 Special Bowerro...G. 2, 80888 30 HEAD OFFICE--Amsterdam. EASTERN HEAD OFFICE:Eataria. BRANCHES- Banjarmasin Bandong

Calcutta Djeddah

Cheribon The Bague

Djokjakaria

MAVADAT

Kota-Radja

Palembang

Padang

Pontianak

Bombuy Tjember Kobe Mudan Poolongan Rangoon

il

(Penang)

Singapor

Barang Shanghal

Soorabnia Sibalg Sumatra

Poerakarta (solo) Tilchup

Weltevreden

LONDON BANKERS:-- National Provinsial Bank,, Ltd. Correspondents all over the world. BANKING BUSINESS OF EVERY

DESCRIPTION.

O: STEENSTRA,.

Manager. Hong Kong, 30th December, 1026.. THE YOKOHAMA, SPECIE. BANK, LIMITED.

Established 1880.

¡Capital (fully paid-up) Yen ̈ 100,000,00).

Reserve fand

Yen 89,500,000

Head Office:-YOKOHAMA..

* Branches and Agencies sti !!Newchwang.

Alexandria.

¿Batavia.

Mombay

Nete York.

Buenos, "Ayre9.

Calepita.

Panton:

bangthan.

Dairen (Dalny).

Osaka. Pering. Rangoon. Rio de Janeiro. Saigon. San Francisco.

ngtien (Mukden). Seattle.

Hamburg.

Hankow. 1

Harbin Hong Kong denomin

Kat Yuen.

Kobe Prandin.

Sos Angeles,

Зоставкул Sydney. Tientsin.

TOKJO Tainanfu Tsingtao Vladivostok.

(Temporarily

closed)

Bowel on Current Accounta

aits racalvedi for Azad perfods at

obtained on applidation

E. MORE

18th Decambez: 1920

A. ROLLIN,

Manager. Hongkong, 1st December, 1925.

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA. Incorporated by Royal Chater, 1858

NO PENNY POST:

Treasury Against The Postmaster..

There is no hope of a return to the penny postage this year. So Bays the Fostmaster-General in the course of a speech at the Mansion House. It is perhaps singular that this pronouncement was made on There has been no improvement the occasion of the presentation of in dyed goods at the auctions, but the business in Greys and Whites, the accounts of the Rowland Hill has been more hopeful. Most of Benevolent Fund for postal work- HEAD OFFICE: LONDON.

merch £3,000,000 the demand for these qualities has ers, remarks the "Journal of Com Sir Rowland: Fill of Paid-up Capital

£4,000,000 been speculative. as payment is

course, was the author of the panny Reserve Fund.. Reserve Liability of Proprie

£8,000,000 only after the New Year settlement,

The news from Changsha is no bet-postage, which he succeeded in establishing in 1840, and which ter than a week ago, and the boy was so great a success that a change cott is still in operation there, and was only found to be necessary Eas a consequence some of the elaths for consumption there are out. of sale pntirely.. On the whole deliveries have been better this week than for the past two or three" weeks.

Agencies' and Branches..

ALCE STAR

(Mainy BLA)

AMÍLITUÁR

BANGKOK

CALCUTTA CANTON CAWNPORK CKBU CULOMBO DKLIE HAIPHONG HAMBURG

BANKOW HONGKONG 11.0110 IPDH

KARACHI

KLANG

Ковк

KUALA LUMPUR

KUCHING

MANBAB.

MANILA MEDAN. NEW YORK PRKING PENANG PESHAWATE* PUKET RANGDON SAIGON SEMARANG SKREMBAN SHANGHAI SINGAPORE

DURANAYA TAIPING

F.M.8.) TAVOY TIENTSIN TOKYO

TINGTAO

YOKOHA

(Pippine lelanda).

The municipal receipts of Rotter- dan for the past 10 months exceed

ed the estimated revenue for the

Foreign Exchange and General Bank-whole months by 212,600. This ing business transacted.

Current Accounts opened and Fixed favourable state of affair is attri Deposits received for 1 year or shorter buted primarily to the British coal periods at rates which will be quoted on application...

A. H. FERGUSON Manager. Hongkong, 1st August, 1825.

strike. The harbour 'dues realised 4,812,000 florins, as compared with the estimated revenue for the whole year of 4,107,000 Borins, and the 1925 yield of 8,506,00 florins.

THE BANK OF TAIWAN, LTD. THE MERCANTILE BANK OF

(TAIWAN GINKO.)

Incorporated by Special Imperial

Charter, 1899..

Capital Subscribed .Yem $5,000,000 Capital, (Paid-up). Ten 89,875,000 HEAD OFFICE:-Taipeh, Formoza.

BRANCHES:..

INDIA, LTD.

HEAD OFFICE:

16, Greenburch first, London, E. C. 1.

Authorised Capital'

Subscribed Capital Paid-up Capital

Reserve Fund"

JAPAN:-Tokyo, Yokohama, Kobe, Bangkok Galla

Oasks

%)

'Dell

ANKERS:

£3,000,000

1,000,000

1,050,000

1,850,000

•Hoary

The Bank of England & Hiland Bank, Lisle ALLANGBEN

Kuna Lampa BARTOON Detarin Hongkong Kuantan Pahang) KARNAÍ

Madras Dombay Hewiki.

New York FORMOSA Giran, Kagi, Karenko, Calonia and Foun

Keelung, Makong Nanto, Shin Colombo

Kota Bhara, Fort Lozle (Mauritius) chiku, Taichu, Taluan, Takao, Tamaul, Toen, Heito, Taito.

HONGKONG BEACH, CHINA: Bhanghai, Hankow, Amoy, Every drearipilon ef, anking can wecharge dual-

new tranenclad Foochow, Swatow, Canton.

"Accounts al i per INTEREST allowed as Córtant OTHERS: Hongkong, Singapore, cant per annum os Bally Balance and on Fized Soorabaya, Samarang; Batavia, Depouts at rates that may be certainad on

application.

C.L.C. BANDES, Bombay, London, New York; Calcutta.

LONDON BANKERS: London County Westminster and Parr' Bank

· The Banx bate in täis Usateroda? |

.bc.

7. Queen's Road' Central¡,

Hongkong, June 16-wa

“Manager.

THE BANK OF CHINA.

行銀

1. Philippine leʻARDS; ENTS, ASTEEL PANA. 25zar | (3pecially · Authorised by Presidential.

·Centres in the:

""Continent,: „Bunda, Man churia, Tangtao, ispun, indo-China, Nian, "Inali;

Interest Allowed, on „Deponija ni vates,whicle will be quoted in spyliom

'MOJA'

T. TAKAGI.

HONGKONG BRANCH;

3. Des Vanix Road Central. Hongkong. 7th May, 1928.

THE BANK OF CANTON, LIMITED.

Jend-Vice-Hongkong

ESTABLISHED

Anthorised Capital:

· Paid Up Capital Ever Reserva: Fund,

- BEANCHES |---

Mandate of the Republic of China. on the 22nd of November, 1917). Authorized Capital $60,000,000.00 Paid-up Capital

$18,278,600.00 Reserva Fund

HEAD OFFICE: PEKING. HONGKONG BRANCH; 44, Queen's Road Central Branches and Sub-brasches all over China and Correspondent in Europe, America, and psher parts of the world London Bankers The National Provin cial and Union Bank of Expand, fed

*uམ

The chairman of the new com

Déc. 81 to January 8, 1927, DATE HIGH WATER LOWER WATRA

titandard.

·Timed

pany will be Sir Alfred. Mond and the deputy-chairman Mr. F. A. Dec:

Timel

Szarvasy, the present chairman of the United Anthracite Collieries Fri. 81 m2 845 61 m 2019 Limited.

The combined nominal capital of the two companies is. 20,000,000.

dan.

Mox

the substitution for it of a "ration- Tami

process designed to cut allaing" down overhead costs by the amal Wed. gamation, grouping, or elimination Thurs 8 of mills.

6 18h68

01720

7.88-7.7 198 ma

*2644 my 28 201

i 1864 m 44E DE

9.48 8.5 9 28 ■ | 3,2

HONG KONG MARKET PRODUCE.

APPROXIMATE RETAIL PRICES.

Beef Sirloin

Prime Cat

#

Corned:

Roast

Breast

Soup

Steak

"

Butcher Meat.

Steak. Sirloin **Sausages

Bullock's Brains

*

وا

##

**སྒྱུཤཱ

Dec, 22, June, June,

1926, 1918, 1914.

Ctar Cik. Cla:.

80 24 12.

28. 12:

80

88 28

12.

80 -24 92

28 20 18

Chicken Capons, Small Capons, DargU

Duck

·Doves.

Poultry.

Eggs, Hen (cooking) ......

Turkeys, Cock

Turkeys, Hen

Salpe..

Pheasant

Quail

Partridges

Dec. 22, June, June, 1928, 1918. 1914. Clm Clac Cts.

·66 80 81

ដន១ផផ | នគន់ | | | | | |

80

28 80

$5 28. 50

22

each

22

28 20 18.

21

per doz 80 18

80 24 22

Eggs, Hen (fresh)

35

25

I

45

#1

80 35

Fowls, Canton

lb.

.75 180.

40

#

20

20

Fowls, Hainan

30 80

..24

per set 16.

10

12

Genne

65 24

24.

Tongue, fresh... Tongue, corned

Bach

60

30

B0

Pigeons, Canton

60:

Hoihow

eschi 55

85 28

30

Head'

$1.40

-$1.20

lb. 80

Heart

24

18 14.

M

75.

51

Hump, Salt

ib..

24

20

18.

each

Foot

+7

each 12 10

12

pair $2.40

Kidneys

15 10

12

each 80

#

Tall

8020 22:

Liver

Jb.

40D ཏུ; 18

10

14 3

wet $1.20 31.00 $1.00

16.

50

28

60 20

14

45 24

62:

40

#L

12

Braina

Per set 8

H

Fest

ib. 15 15.

It

Fry

20

15

Cocoanuts.

ench 1420

Head

10

20:

Lemons, China

ib

10

Heart

each 18

10

30

Lemons. (America).

Kidneys Liver

10. .12

$

Lichens, Dried X.

25

Ib. 50 80 24.

Oranges (Cantan)

85 25' 23

Oranges y

42 60

70

24

21

per set 90-60-.

70

Trips Calves" Head & Foot.. Mutton Chop

Leg Shoulder Saddle.

Pig's Chitlings

Pork Chop

Leg

Loin:

'Fat or Lard

Sheep's Head & Feat..

ench 12 8. .7

50 26 25

Almendr

Apples (California}

Bananas (bride's).

Carambola.

Paars (Canton)

Peanuts

Persimmons, Largo

Plantain Pumelo, Siam

12 10

· Walnuts.

Heart

Eldneys

Liver

D

Sucking Pigs, to order. #

25

25*22

80. 20

50. 26 20

84 20

19

20

20

Suet, Beef

18.

Grapes..

Artichokes

Beans, Sprout

Mutton

Veal

Sausages

No.

Fish.

Barbel

19

24

Long

Bream

18

Best Boot...

Canton Fresh

Bitter Squash

Water Fish.

18 10

18

· 27%.

12

20 25

.28.

26.

16.

Carp

Catish

|Codfish

Craba

Cuttio Floh

Mr. J. P Morgan, the famous banker, was photographed on his return from a visit to Europe.

Dab Daca: Dog Fig Eals, Conger

Frogs Gazoups Gudgeon

Fresh Water Yellow

when we were suffering from the evil effects of the war Many rea- Hallbut sons can be advanced for a return Labras to the penny post, and only one, but Loch that perhaps the most powerful of Lobsters all in the mind of the Treasury, for Macke the retention of the present figure. Monke Financial reasons, pleaded the Post Hulle master-General, were against any Oyata change the Post Oface could not Parret afford the loss that would result. Parch This notwithstanding the fact that Pike the Post Office has done very well Pla of recent rears from a financial Fo point of view. There are those who

The Guaranty Trans Company A New declare that any loss that

York range

20,000 New York Banker - The Irving

National BankAPON

***** | The Equitable Trust Company of New

Male Somalia New York and San Francisco,

del Oprewoondente in all Frincipal cities of the

VLONDON BÁNHKRS -----

GI POON BHAN;

York

Interest allowed;,

Vand Fixed Dapasigi Tarefa dar app is

Home

Every deed

would follow a return the panny restage would he up very soon by the increase volume of lettera Ac,

ved that

.23. 18

109 12108

20 10-18 S 45.28

40 80

18 16

18.

Brinjals; (Groen.

"

Red

Fruits

揚子

Vegetables, &c.

Cabbage, Chineke

+

(Shanghai)

Cane Shoots, bunch

Cauliflower (Large), --

(Medium). (Small)

Carrote Celery, Chinese Chillies, Dried

Red

Green

Curry Bluff, English Chcombers

Garlic,

Ginger, Young

Horseradish, Shar

Indian Corn

Lettiče

Water Chestnuts

Mushrooms; Okroes: Onions, Bombay

Paraley

Potato

Wat

Shang

10.

12

150 MB 18 18.00||||||

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