HONG KONG AND SHANGHAI BANKING CORPORATION.
Authorised Uspital -
$950,000,000 Level and July Pil-up mommies $30,000,000 Reserva Funds 1-
Berlag mamamesmod 4,003,000 Bijver
14,000,000
Rosary Liability of Propristone (30,000,000
HRAD OFFICE: HONOKONO.
COVEY OF DIRECTORS |--
A. II. Oempion, Bag,
Ohairman
N. Drows, Hey.
Deputy Chairman.
W. H. Ball Req.
W. Faisondeo, Esq Bon. Ma. B. D. F. Daith, 3. A. Plummer, Esq. Hmm. Mr. O, G. 5. Mackia. T. G. Well, Esq.
AMOY
E. . While, Peg.
Chief Neger
Hon. Me, à. D. Bynes.
BANTXOK BATAVIA BOMBAY CLLOUTTA DANTON DEZFOO COLONDO
BRANOHEA-
LONDON LYONA
MALACCA
MANILA
MOUXDER.
NAOASAKI
NEW YORK
PERING
PENANG
BANJOON
BAIGON
BAN 'FRAND1600
DAILEY
POOCHOW
HAIPHONG
HAMBURG
HANKOW
BUANGHAI
ALBIN
SINGAPORE
KONOKEW
BOUBABAYA
HOLLO
IPOI
BUNGI PATANI TIENTSIN
TOKYO
JOHORE
KOER
KUALA LUMPUR
T81SUTAD
YOKOKAMA
Osment Accounts opened in Loom! DarkneJ Fixed Depoelle received for one year of Korter periode in Local Curney and Berling beras which will be quagel om application Hong Kong, Mb June, 1028,
HONG KONG SAVINGS BANK.
The Isusiner at the shore Bank in conduct
by HONOLONG AND BUANGLAI BANKING CORPORATION. Buin may be obtained on sppilestian,
FOB THE HONGKONG BANKING CORPORATION,
·
'SHANGHAI
A. . HYNES,
Clict Manags,
[Hong Kong, 1845 Beptember, 1997,
NEDERLANDSCHE HANDEL
MAATSCHAPPII.
(NETHERLANDS TUADINO SOCIETY)
DANKERS.
Extablinked 182,
Hong Tong One:-11 Queen's Bond Capical. Authorised Capital .................... Quidors 150,000,000-
(13,500,000.) Paid-Op Capital amusements Cuilder 80,000,000- (20,068,870.) Cuilder 40,000,000
{LD,RSS,BEN.)
Barve Fund someon
Imad viies ¡mjáMSTERDAM'). Eastern Hood Omon:-HATAVIA. BRANCELES (Ilandjarmasin Bendong') Bombay, Calou, Charbon, Jiddah, Djember jokarta), The llague'], Kobe How-Rejissar, Madan, Peding Falambang, Pataloogen, Funny Pontiana Rangoon, Bollerdata", Bamm:g"), Bhanghai, Blogs (S), Bobele, Barakarla ¿Solo) Tog Weltevredan.")
7 The album kara sála depoda botes to Lak Lonius Bankore-National Provincial Bank Lid
Costepdades all over the world
Banking bea.UNGA DƐ STOTY description trazaastad.
O. STERNOTRA,
Hong Kong, joch July, 1927,
Manager.
BANQUE DE L'INDO-CHINE.
HEAD OFFICE:
6, Boulevard Haussman, Paris.
Subscribed Capital.. Frs. 72,000,000,00 Fakt-Up Capital.....Fr. 88,400,000.00 Reserva Fund .....Fr. 89,384,519,10
BRANCHES:
Bangkok Hanoi
Quinhon
Battambang Hong Kong Saigon
Cuntho
Mengize Shanghai
Canton Nam-Đinh. Sharaporo
Dijbouti Noumea Tientsin
Tourang Fort-Bayard Papcoté Halphong Peking Vinh Harkow Prom-Penh Yunnanfu
Pondicherry BANKERS;
IN FRANCE: Comptoir National d'Escompte de Paris; Credit Lyonnais; Banque de Paris et des Pays-Bas; Credit Industrial et Commercial; Societe
Generale.
IN LONDON: The National Pro- vincial & Union Bank of England, Ită; Comptoir National d'Escompte Parli; Credit Lyonnais
IN NEW YORK: J. P. Morgan Co.; French. American. Banking Cor poration; Guaranty Trust Co. of New York.
Interest allowed on Current Accounts and Fixed Deposita according to
rangements.
行銀商工法中
BANQUE FRANCO-CHINOISE -
pour le
Commerce et l'Industrie
(Incorporated in France).
Prince's Building, Chater Road, Hong Kong.
HEAD OFFICE:
74, Rue St. Lazare. Parla. Capital fully paid up....Fra.50,000,000 Epecial working capital..Fra.50,000,000 |Reserves
Fr.22,919,000
BRANCHES:
Paris, Lyons, Marseilles, Salgor Hphone. i noi Tourane, Oulsion Hui Thanh hoa Vinh, Prom Penh.
Poking, Shanghai, Tientsin, Hong Kong.
BANKERS: FRANCE:--Societe Generale, Banque Nationale do Credit, Banque de Paris et des Pay's Bas. LONDON-Midland Bank Ltd.
NEW YORK:-American
Exchange Irving Trust Co., Banca Commer clate Italinna.
SAN FRANCISCO:-Bank of Italy.
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.
THE CHINA MAIL,
COMMERCE
AND
FINANCE.
CHINA TRADE IN 1927.
Chinese Maritime Customs Reports Issued,
THE SOUTHERN PORTS.
Shipping Increase at Samshui.
'por pleul to promote trade. Print- ing and packing paper rose from 38 picula in 1926 to 2,982 piculs. A largo quantity of paper, was'im- ported direct from Hong Kong during the year by the match fac torles.. The total importation`of| Japanese matches, amounting 96,- 248 gross, exceeded that of the two) previous years by over 50,000 grosa. The small matches, 1% Inches by Inch, are now more) commonly used as pocket matches.
Re-axporta-7,121 American gal. lons of Borneo kerosena oll, valu- ad at Hk. Tls. 2,850, were the only re-exports to foreign countries dur- Ing the year.
·
Following are extracts from the annual reports issued by the of native exports to Hong Kong Chinese Maritime Customs inspectorate:.........
SAMSHUI.
of
The
CHINESE GOODS. Exports, Abroad and Coastwiso (including Re-export).-The value)
amounted to Hk. Tla, 384,406, and to Wuckow and Nanning Hk. Tls. |886,198, making a total of Hk. Tls. Under Inland Waters Steam 720,601, The export trade stili Navigation Rulos.-The total ton-shows a falling off of 30 per cent. Local. After the resumption of nage of vessels reporting to the as compared with that of the year. Samshul Customs during the year; 1924. The difficulties that best Exchange Business Transacted. Cor-aurinal communication with Hong was 544,680 tons, as compared with shipments of cargo at Samshul
Every description of Banking and
Kong in October, 1926, trade pass- respondents throughout the world.
ing through the Samshul Customs 450,876 tons in 1926, 349,804 tons were due to lack of export cargo A ROLLIN,
Manager. improved somewhat, though it did in 1925, and 677.148 tons in 1924, apace, na mentioned in the report tendency to for 1920: these still existed dur thereby showing a Hong Kong, 18th April, 1923. not attain, dimensions proportion-
rapid recovery,
The ing the year under review. ate to the consumption of the dis- wards a
fire-crackers, 1927 might staple exporta This state of affairs con-gures for the year İtrict. tinued throughout the year under have been atil! higher had not the dyed paper, and native cotton cloth tendency to decline. review, and there are no prospects movements of troops during the showed a
fell from 4,080) of the prosperity of the pre-strike latter part of the year caused a Fire-crackers period being reatored in the near suspension of inland traffic for picula in 1924 to 1,380 picule, and future. The net value of the more than one month. The Chin-dyed paper, etc., from Hk. Tls. .£3,000,000
These port's trade during the
cse flag is specially predominant, 75,130 to Hk. Tis. 29,012. £4,000,000
Industries have representing now 80 per cent. of local
suffered amounted to H. Tla. 5,462,065, or the whole inland shipping, owing severely owing to the increased £8,000,000 44 per cent. less than In 1924.
to the change of a large number internal taxation. The manufac Of the many adverse factors re- of vessels from foreign to Chinese turers have closed their doors and tarding the progress of recovery,
[removed their workshops to Macao the Washington surtax is perhaps
or the Kowloon, Leased Territories. FOREIGN GOODS. the greatest. According to, the
Imports, Direct and Coastwise.Native cotton cloth fell from 4,847 present system, the new surtaxes are levied on general cargo at 50 The value of the foreign goods im- plculs in 1924 to 1,176 piculs. order to ported direct from Hong Kong Shipments by junk In per cent. of the amounts actually amounted to Hk. Tis. 4,142,845 and avoid payments of surtaxes have pald at the Maritime or Native from Canton to Hk. Tls. 193,908, been responsible for the shortage. Customs and at full rates on ar- the net total value being Hk. Tls. Chinese matches were the only ar- Iticles classified as luxuries. Re-
4,388,622, as compared with Hticles that have shown better re- vised Import Tariff charges are
During the early part of heavier than those of the General T18. 8,176,492, in 1924. The impor-sults.
tation of cotton piece goods, the year, owing to labour troubles, Export Tariff and also the Native
the match factories suspended amounting to Hk. Tla, 158,474, was Customs Tariffs. Surtaxes levied on the basis of these tariffs na-the largest during the past decade. work for about 10 days only. A The most noticeable increase was brisk demand from Kwangsi con- turally show wide differences.
Incorporated by Royal Charter, 1858.
HEAD OFFICE: LONDON. Paid-up Capital Reserve Fund Reserve Liability of Propriq-.
Agencies and Branches:
ALOB STAK
(Malay Bala) ANETŠAN BANGKOK BATAVIA BOL BAY CALOUTTA CANTON DAWNFORE 0290 COLOMPO DELHI
XCOMING
MADRAS
MANILA
MEDAN
NEW YODE
PEKINO
PENARO
PESHAWAR RANOCON BALOON
KEMARANO
SKREMBAN
HAIPHONG
BRANGJAL
11AMBUBO
BINGAPORE
BANKOW
BOUBABATA
HARDIN (N. Maneburía)
TAIPIRO
HUNG ZONO
(F.)
ILOILO
KARACKI
IPOR
XLANG
ховл
EGALA KANOSAU
__Forsk (F-3608.)....
ZVALA LUMPUR
TAVOV
TIENTSIN
TORTU
TUNGKAH (Bhuket)
TSINGTAO
YOKOHAMA
ZAMUDANDA
('Wippine Islanda)
Manager.
A. H. FERGUSON,
Hong Kong, 3rd April, 1028.
year
flag.
Foreign Exchange and General Bank-Owing to this, a certain portion of recorded under dyed and printed tinued from May to December, and ing business transacted.
the Samshul foreign imports has cottons of Japanese origin. Owing sales were made at profitable Current Accounts opened and Fixed Deposits received for 1 year or shorter been diverted to the Native Cus-to the absence of boycott move prices. For several months Ching- periods at rates which will be quoted toms; while goods of Chinese orf-ments at Samahui, Japanese cotton yuen tea was sold in Hong Kong gin have been imported from plece goods were imported via this at a good profit, but when Hunan on application,
port. Shanghai via Canton in order to
It appears that a certain tea entered the market in June at avoid paying the high Import Percentage of these imports was low coat the export of the local duties. Sainam needs are for the repacked at Fatshan for tranship-product was to some extent cur- most part now supplied from Can-ment to Canton, where pickets tailed.
Imports. The net value of na- ton, and to some extent the re- were very active during the sum- quirements for the stage ports are mer and autumn months. Japan-tive imports from Chinese ports also drawn from that source. The ese black sateen drills (8 shaft) was Hk. Tls. 407,942, as compar- reason why Samshui trade has not have begun to appear in Samehuted with Hk. Tla. 828,566 in the pre-ow suffered to an even greater degree statistics, with 9.720 yards. There ceding year, which was sa excep- general increase under tional one for large importation of Having to Kwangai produce. This trade was safety of ateamer transportation, metals and minerale.
THE BANK OF TAIWAN, LTD.
(TAIWAN GINKO).
HEAD OFFICE:--Taipeh, Formosa Incorporated by Special Imperini Charter, 1899,
Osaka.
is explained by the comparative
than one occasion
Was
A
Central Bank in Formosa. as consignments of goods convey meet the demands from the Metal unusually dull during the greater Bank-Notes issued
Shop Employees Labour Union, part of 1927, when the stocks of ed by Hong Kong-Canton junks the Canton metal dealers have been the previous year still congested Yen 45,000,000 have on more Average amount
been pirated. Business was gen- unable to offer favourable terms the Fatshan markets owing to the BRANCHES AND AGENCIES: JAPAN: Tokyo, Yokohama, Kobe, erally slack during the early to buyers from the North River absence of demand. In December months of the year, and very little districts, and, owing to this, more a threatened attack on Wuchow by FORMOSA:-Giran, Kagi, Karenko, improvement was recorded until orders from this quarter have Kwangtung forces caused a heavy Keelung, Makong, Nanto, Ehin September, when trade began to been placed with the Salnam mer-depreciation of Kwangel currency. chiku, Taichu, Tainan, Takao,
chants. Fishery products were, and it was owing to the impulse revivo. This, however, did not last Tarzani, Toen, Heito, Taitą. CHINA: Shanghai, Hankow, Amoy, long owing to a recrudescence of imported to a total value of Hk. of a favourable exchange that Tis, 678,817, a decrease of Hk. Ths. Kwangel produce was rushed down Internecine strife. Foochow, Ewatow, Canton.
Immediately
large OTHERS:-Hong Kong, Singapore, after the coup d'etat at Canton in 324,096 when compared with Hk.in
quantities. Feathers, Soerabaya, Semarang, Batavia,
hides and fungus showed consider- Bombay, Calcutta, London, New November the political situation Tis. 1,002,913 in 1924.
Local prices have soared owing able decreases. Under groundnut York, Dairen.
on the West River became tense, LONDON BANKERS: and Samshui was made the centre to increased taxation, and the con-ofl, however, a noteworthy increase The London County, Westminster and of military movements: from No- sumption of inland markets in con-is recorded, 8,880 picule having
Farr's Bank
been imported to make good the curtailed, vember 25 to the end of Decem-sequence
grades, such as shortage of Hong Kong imports. ber large numbers of troops con- tinued to pass backwards and for- ewabi, sharks' fine, etc., showed As regards timber, softwood planks wards through the port, causing very much the same figures as in dropped from 118,076 to 30,975 great anxiety to the public and 1924, heavy decreases are record-square feet, the sole importer, of stoppage of native trade. Samahui ed under cuttle-fish, dried mussels, this commodity, a box-maker in was also seriously threatened by and dried and salt fish, those goede Fatshat, having suspended hust pirates when the garrison soldiers having been diverted to the Nativeness during the accond quarter of were withdrawn from this district. Customs, Vermicelli dropped from the year.
INLAND TRANSIT. Hong Kong, 22nd September, 1827. The Inspecting Bureau, collateral 7.655 picule in 1924 to 2,817 piculs,
The Bank has Correspondents in the Dorial Centre in the European Conlant, Hustle, Man akaria, Taisgian, Japan, Indo-Chins, Slam, Ind Palippina Inanda, Java, Alzion, .b.A., Aurirala *Insees allowed on Currias Accruals, and Pd Depite e rates whina wil be on applica
a Deposite in Zant part be accepted.
J. IHARA,
#to.
HONG KONG BRANCH:
Manager,
8, Des Voeux Road Central
THE BANK OF CHINA.
行銀國中
(Specially Authorised by Presidential
Mandats of the Republic of China
on the 22nd of November, 1917).
Authorised Capital
Every description of Banking and Paid-up Capital Exchange Business transacted.
Reserve Fund
Bafe Deposit Boxes to let.
CH. LEM.
Manager.
Hong Kong, 1st May, 1928.
$80,000,000.00 18,278,809.00
HEAD OFFICE: PEKING.
BRANCH: HONG KONG
much was
While the high
establishments of the Surtaxes beans from 10,803 to 4,542 piculs, Inwards (under Transit Pase). Offices, continued to interfere with groundnuts from 16,149 to 5,638-Foreign goods seat inland were the port's shipping to such an ex- plculs, and groundnut all from valued at Hk. Tis. 48,485. During tent that. British eteamers ceased 10,856 to 40 picula. Brown sugar the year 1,810 passes were issued, carrying cargo to showed a decline, the tendency be covering principally metale and temporarily stage ports, such as Shlahing and ing now to manufacture it locally paraffin wax, amounting in value Dosing, from August to November. with inferior Java sugar. Wine isto Hk. Tls. 25,477 and Hk. Tis.
20,846 respectively. On the other hand, owing to the not imported here under the pre- 1 MISCELLANEOUS.
The absence of boycott activities in sent special tax treatment.
The Canton-Samshui train ser 9,629,125.24 Samshui itself, the importation of whole importation of cigarettes,
‚vice ceased to function on several Japanese goods has proceeded 1,020 mille, was entrely represent more freely than for some time ed by products of the American occasions for a few days at a time past.
Tobacco Company. The total con- owing to Communistic uprisings, Revenue. The total revenue for sumption in Samahui and its im and since April the regular service 4, Queen's Road Central.
Hk. Tls, mediate neighbourhood, is estimat- of five trains a day has not been Branches and Sub-branches all over the year amounted to
maintained. over ed at about 100 mille per day, and consistently
- The China and Correspondents in Europe, 118,960, showing Increases THE YOKOHAMA SPECIE BANK, Ca, and other parts of the world the figures of the two previous Chinese companies are supplying floods during the summer, although London Bankers: The National Pro- years, during which trade was dis-over 90 per cent, by train from Peralatont, were not heavy, the vincial and Union Bank of England. Located by the strike and boycott, Canton, the Shanghai-made "Girl highest reading of the Customs Ltd.
The_Guaranty' Trust Company, off
SHIPPING.
Brand" being now the most popu-tide-gauge boing 20 feet 7 Inches, Under General Regulations, lar cigarette. The year's net Im-, on May 21-The Sunglung elufce New York National Bank,
New York Bankers:-The Irving The total tonnage of ships: enter-portation of kerosene oll was gate was complated during the ed and cleared, amounting 1,998,518 667,266 American gallons, about month of June, thus adding an- The Equitable Trust Company of New York -
tons, was larger than that of the one-third of the 1924 figure. The other notable monument to the ac Interest allowed on Current Accounts years 1926 and 1926. The British reduction partly explained tivities of the Kwangtung Conser and Fixed Deposits. Terme on applica flag, which fell to 165,556 tons dur-through increased shipments from vancy Board in this district The tion,
ing the preceding year, again head- Canton by inland waters vessels British .s. "Kochow" was pirated Every description of Banking Busted the list with 1,147,488, tons, not included in Samshui statistics in the Shlubing Gorge on Septem- mess transacted
Loans granted on approved securities. During 1927 six steamers were and is partly due to the special ber 1, and a foreign engineer was killed on board by the bandita. Special facilities for Home Ex added to the shipping Hat, among taxes which curtail sales. change.
them the Britishs.s.Taibing,” a During the first four months of The Chinese ss. "Pakhol,” which new boat fitted with wireless and the year the big oil companies Bank in mid-harbour on May 12, up-to-date equipment. Two steam- gradually raised the selling prices was refloated on November, 28. are were withdrawn, in favour, of to pre-strike rates, but, In June
LIMITED.
Established 1880.
Capital (fully pald-up) Yen 100,000,000 Eelarve fand ********
Yen 99,500,000 Head Office:-YOKOHAMA.
Branches and Agencies atr
Newchwang.
Alexandria.
Batavia.
Bombay.
Buenos Ayres.
Calcutta.
Canton.
Changchun,
Dairen (Dalny), Fangtian (Mukden).
Hamburg. Hankow.. Harbin, Heur Kor. Honolulu.. Kal Turn,
Karschi
Xobe
Lender
Los Angulan..
Now York.
Osaka.
Peicing. Rangoon. Rio de Janeiro, Saigon. San Francisco.
Seattle. {1:" Semarang. Shanghal Shimonosed. Blagapore. Soerabaya. Sydney. Tientsin. Tokyo, Tuinanfa. Tängtau
Vladivostok.
(Temporari closed) Infernit allowed en Current Accounts, Deposita received for fixed' periods at rates to be obtained on application
HEMORI
Hong Kong, 12th Marsh, 1971
SHOU J. CHEN,
Manager.
is
THE BANK OF CANTON, LTD. the Hong Kong-Canton or Hong began to lower them agatu on ac
Established 1912 Head Office:-Hong Kong. Authorfand Capital (F.E. Oral) $11,000.00
BRANCHES
mg
TROJAN TOURERS.
Kong-Kongmadon lines, leaving a count of arrivals of new- brands of total of 18 boats on the Hong | American origin, although the salea Kong-Wuchow and eight boats on of these have not yet reached an}| the Canton-Wuchow run. It is to extent likely to cause any serious zona be noted here that the number of rivalry in this district. In August the last named has been increased the Aslatie Patroleum Company, owing to the expansion of Canton apprehending political troubles, trade with the West River ports, evacuated their installation Chin SOLID TYRES especially Wuchow. The shipping ese dealer, began to hoardyoll, but „Že po tvoga kaebashlay: business of bualnean was, in the main, unsatis-| after a few weeks were compelled
Canton Bhanghal Hasko,
Bengkak,, New York vid San Frayolaon..
LONDON BANKRDS ;—
The head Bank Limited
CORRESPONDENTS
In all pelasped ofiles of the World
- man Dyrbeit Bera (Catonis ities) ka k pomely factory. Passenger bosts have had to release it at a considersbie lose. racial of Truse 96,ie Baptheir profits cut down to a very Faraffin wax showed a satisfactory LOOK POONG BRAND small margin owing to increased advance, the Importers having re
-- Chief Manager Hong Kong, 19th February, 1927.running expenses,
duced the selling price by over $5
THE NO TROUELET CAR.
LANE CRAWFORD'S GARAGE:
THURSDAY, AUGUST 2, 1928.
GREAT REDUCTION
SALE
of all our Silk goods.
Reductions all round.
Bargains.
Wonderful
Phoenix Stockings. $1.20 per pair.
D. CHELLARAM
36A Queen's Road C. (Right Opposite Queen's Theatre.)
NEWLY OPENED.
LADIES' and GENTS'
HAIR DRESSING
SALOON
UP-TO-DATE APPLIANCES.
口
ABSOLUTE CLEANLINESS.
ONLY EXPERT BARBERS EMPLOYED.
THE SINCERE CO., LTD.
FIRST FLOOR.
International
EVERYBODY KNOWS
Cleaners
who have become a house- hold speaking for their good works.
► 口
THE INTERNATIONAL DRY CLEANING & DYEING CO.
19, Wyndham Street, 148, Wong Nei Cheong Road, 36, Nathan Road,
Happy Valley. Hong Kong
Kowloon.
THE NEW
SAILORS" AND SOLDIERS' HOME
WHAT
ARE
YOU
Is the Sum required;?
$40,000
we anywhere near it yet?
No.
have sent in your bit?
No.
It now ?
Yes.
DOING
ABOUT
how much is
IT ?
Send it to
REV.
For to
C. KNIGHT ANSTEY 15, Ventris Road,
MR. W. H. SMITH Sailors' and Soldiers' Home Arsenal Street.
MASSEUR R. SHIMIDZU. MASSEUSES HONDAS MASSEUSE S. KISAKI.
Masseure STREET.
24 WYND
TOL C. 4945;
TANG YUE, DENTIST
Stocessor
"the Iba: SIEN-TING, 14, D'Agullar Street
TERME VERY MODERATE
1 Consultation Fron