2
HONG KONG AND SHANGHAI BANKING CORPORATION.
adskessed Ospital
$86,268,000
Fassad and Fully Faldup come. 931,900,106 Besseys Pandato
Bling
.....2 4,000,000
Lessers Liablilty of Proprisions un..... 000,000,000
READ OFFICE, MONOKONG.
COURT OF DIBKOTONG :--
▲ E. Compton Bay..
Chalm
H., Brown, Zag. Deputy ChairmaA,
Men. Mr. B. D. J. Beth.
W. H. Ball, Aug.
W. Al Pritendon, Mog. J. A. Pigsamar, Beg
Hon. Mr. 0.0, 6. Mackie. T. G. Waali, Mag.
I. P. Whs, Esq.
LONDON LYONS MALACUA
F. W. Manay, Beg
Chiel Hanagut
BRANQUES 1.-
AMOY
BANGEDE BATAVIA
BOMBAY
MANILA
DALCUTTA
MOUEDEN
DANTON
NAGABARI
CHEFOO
NEW YORK
PEKINO
J
PENANG
DOLOMBO
DAIRE'S POOCHOW HAIPHONG
SAMBURO
KANKOW
KARISIN
ZONGLEW
FOILG
JORDAN
KUBY
KUALA LUMPUR
RANGOON
BAX PRANOIVOO
BAKION
SILANGHAL
KINGAPORE
BOURADAYA
BUNDEI PATANI TIENTHIN
TORED
THINUTAO
YOKOHAMA
Cammai 40unir opened lu Local Carraway Fist Deposita received for one your dr skorte paroda" in Local Currajoy and sterling. an bertuta, which w18 to quoted our appliomatosi Hong Kong, lứth Beptember, 1995.
HONG KONG SAVINGS BANK.
The Busiswa of the sbora Bank la condust:
at by the IfONGKONG AND SHANGHAI
BANKING CORPORATION, Bulat may eblained on application.
FOR THE HONGKONG 'A BANKING COMPOMATION.
*
BHANGHAI
A. C. HYNES,
Chal Manager.
Hong Kong, 18h Beptember, 1997.
NEDERLANDSCHE HANDEL
MAATSCHAPPIJ.
NETHERLANDS TRADING BOGLETI)
BANESAS,
Established 1904.
Hsay Long Ofionimit. Quesa's. Boad. Caniçalı
kužberland. Ospital mosios Galldum '160,000,000-
Fait-Up Capital
Barra Farduna manoma? Grüldars £0.000,009-
Eload UionAMSTERDAM"). Easter Band OM04'3--BATAVIA, BRANCILES ¡---Bandjarmsalu Bandung) Bomber.
Calcutie, Cheribon, Jiddah, Dinar, Djokescia), The Hagus'), Kim, Kota-Madix, Makassar, Modas, Padang Palamba Pakalongan, Panare, Ponilanat, Rangoon, Bociandam'), Bazaring'), Bkanghal, ibolga (Bametre), Blagapoca, Bowrabiny Bahia (Bolo Tegal, Tilasjon: and Wederrola")
"There offoes have anda dapoelk boxes to let Leadia Bankers:-Mational, Provincial Bank Table:
Correspondania nổi crac the world
Banking brainseà, of arney
description tabasciad.
0. STREMSTILA,
Hoog Hong, 8ch August, 1998,
Masage
BANQUE DE L'INDO-CHINE.
HEAD OFFICE:
96, Boulevard Hauseman, Paris,
Subscribed Capital.. Fra. 72,000,000.00 Fald-Up Capital.....Fzs. 88,400,000.00 Reserve Funds ....Fra.102,000,000.00
BRANCHES:
Bangkok Hanoi Quinbon Battambang Hong Kong Balgon Catho
Mengtze Shanghai
Canton
Dibonti
Nam
Dinh Bingapor Noumes Tientsin
Fort-Bayard Papeete Tourne Halphong Peking Vinh
Inom Penh Tunne
Pondlaberry
Hackow
BANKERS:
IN FRANCE: Comptoir National d'Excompte de Paris; Credit Lyonnais; Banque de Paris et des Pays-Ba Credia Industriel et Commercial; Bostebi Generale.
IN LONDON: The National Pro- Tincial Union Bank of England, Ltd.; | Comptoir National d'Escompta de Parii: Credit Lyonnais.
IN NEW YORK: J. P. Morgan ♣ | Co.; French American Banking Cor- peration; Guaranty Trust Co. of New Yuk
Interest allowed on Current Accounts and Fixed Deposits, secording to arrangementa. "
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. Lazaro, Paris. Capital fully paid up....Frs.50,000,000 Epecial working capital. Frs.50,000,000 Fr1.22,819,000
Reserves
BRANCHES:
Paris, Lyons, Marseilles, Balgon, Huaphor Hanoi Tourze, Quinhon Hue, Thanh-bon, Vinh, Prom Penb.
Peking, Shanghai, Tientsin, Hong Kang.
THE CHINA MAIL,
HUDSON BAY
TRANSPORT OF GRAIN BY RAIL
COMMERCE.
AND
FINANCE.
IRON ORE
BRAZILIAN DEVELOPMENT BY ENGLISH COMPANY
BIG CONCESSION
COTTON COMBİNE ·
LANCASHIRE'S: MOVE TO REGAIN MARKETS
FOREIGN COMPETITION
For the first time in the history of the cotton industry an attempt! is being made to combat foreign competition in cotton piece goods by means of a vertical combine. During the past few months pro- minent leaders in the cotton in- dustry have been working in close BIG DEVELOPMENTS
co-operation, with the result that it has been found possible to ship certain cotton fabrics to China, "Within the next two years the Rio de Janeiro, Yesterday.
and dispose of them at a satis- prairies of Canada, will be 1,000 The President of Brazil has ap- factory profit in face of the sovere PRANCE:Sociolo Gunerale, Banque miles nearer Great Britain than proved Parliament's endorsement Japanese competition.
Nationalo de Credit, Banque de they are to-day, and much time of the contract between the
The movement originated as a will be saved in the shipment of Itabira Iron Ore Company, Limit-result of investigations carried Paris et des Paya Baz. LONDON:-Midland Bank Ltd. grain to Liverpool, thanks to the ed, an English concern, and the out by Sir Kenneth Stewart, of NEW YORK-American Exchange
Living Trust Co. Banca Commer completion of the Hudson Bay State of Minas Geraes, which is Stewart Thompson and Co., Ltd., Railway," said Mr. Charles Dun- expected to make Brazil one of merchants and shippers, Man- ciale Italiana, SAN FRANCISCO-Bank of Italy. ning, Minister of Railways and the most important producers of chester; Mr. John Grey, of John
Every description of Banking and Canals in the Dominion Govern- iron ore in the world.
Grey Ltd., cotton manufacturers, of Burnley and Manchester; Mr. Exchange Business Transacted. Coment, who is on a visit to London in an interview with "The Daily
Barnard Ellinger, of Ellinger and respondents throughout the world.
Telegraph," recently.、
Co., Ltd., abippers, Manchester; The decision to complete the railway to Fort Churchill is due mainly to Mr. Dunning, and fey difficulties are being encountered in the building of the line. More over, there are no great engin eering feats necessary.
It i Canada's major railway develop. ment, and is a Government enter.
L. BERNIS,
Hong Kong, 3rd August, 1928
and leading dyers. Manager.
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.
Incorporated by Royal Charter, 1859.
.£3,000,000 £4,000,000 prise.
HEAD OFFICE: LONDON.. Paid-up Capital Reserve Fund ... Reserve Liability of Proprio-
tors ......
Agencies and Branches:
XUCKING
ALOD ITAR
(Malay Bini) AMBITRANG BANOXOR BATAVIA BOMBAT DALOUTTA CANTON CAWNYDER CEBU GOLAMBO DELHI
MADRAS MANILA WEDAN NEW YORK FERING PENANO PESHAWAR BANGOON BAKION BEMARA NO SELENDAN HILANG LAL BINGAPORE HOUBABAYA
HAIPHONG
BAYBURG
WINDOW
HARBIN (M. Mansharia)
TAIPIND
TONG TỔNG
(P.M.B.)
ILOILO
TAVOY
1P0H
HAHACHI
KLING
Кова
KUALA KANGSAR
Perak (P.1.8) KUALA LUMPUR
TIENTSIN
TOLYO
"Fort Churchill is as near to £3,000,000 Liverpool as Montreal is, and that is why it has been the dream of Western Canada for forty or fifty years to find an outlet on Hudson Bay," said Mr. Dunning. "The difficulty in the past has been that Eastern Canadians did not believe in the scheme, because they thought ice would make naviga- tion impracticable for more than a short season. We settled that by sending out flying officers on Patrols, and their observations showed that navigation of the Hudson Bay Straits could con tinue until almost as late in the year as on the Great Lakes.
TŰNGKAH (Bbasket) TSINGTAO
YOKOHAMA
ZAMBOANDA
(Philippine Islands)
Foreign Exchange and General Bank. ing business transacted.
Corrent Accounts opened and Fixed Deposits received for 1 year or shorter periods at rates which will be quoted on application.
A. H. FERGUSON,
Manager. Hong Kong, ard April, 1928.
THE BANK OF TAIWAN, LTD. (TAIWAN GINKO),
HEAD OFFICE:-Taipeh, Formosa.
✓ Incorporated
Special Imperial by Charter, 1899
Central Bank in Formosa. Bank-Notes Issued
"Average amount Yon 45,000,000
The contract provides for min- ing three million tons of iron ore annually, at an expenditure of thirty million dollars, rebuilding a railway with a connection to Santa Cruz, and eventually an ex- penditure of seventy million dol- lars for the development of mines and mills. Reuter's American Service.
£6,000,000 LOAN
SOUGHT IN LONDON FOR S.-M. KAILWAY
i
Tokyo, Yesterday,
mer-
Subsequently between sixty and seventy spinners, manufac- turers, dyers, finishers, chants, and banks combined in the scheme. Large consignments of piece goods have been sent to China, and the experiments have proved so successful that a com- pany is being formed for the pur- pose of exploiting this vertical combine system of manufacturing and marketing cotton cloths.
It is understood that the com-i pany will be registered with a nominal capital, but the combine; will have behind it powerful re- sources of some of the wealthiest The "Hochi" claims that it has firms in the cotton industry, learned that Mr. Tsushima, finan- Each of the companies named cial commissioner, who recently will, of course, retain its separate floated the Oriental Development identity, and there is no question Co. loan in New York, is proceed of any amalgamation of firms." ing to. London shortly for the pur-This new development is being pose of opening negotiations for watched with the closest of in- the flotation of a £6,000,000 loan terest by all connected with the for the Southern Manchuria Rail-cotton trade, for it is held in many way.
quarters that the salvation of the Ten Days Advantage
Owing to the national holiday industry lies in manufacturing "When the project is pleted we shall, save not only in the report cannot be confirmed. and marketing through the means
of vertical combines.
com.
distance, but in time. There may be as much as ten days' advan- tage in time in bringing grain from the Western Provinces to England. Freights will be lower because of the shorter journey, and because there will be only one- handling of the grain, whereas on the Great Lakes route grain bas to. pass through elevators two or three times."
In order to decide the most auit- [able spot for the railhead on Hud- son Bay, Mr. Dunning journeyed there himself in company with the engineers, doing the last seventy miles of the journey by
cance,
BRANCHES AND AGENCIES: JAPAN; Tokyo, Yokohama, Kobe,
"It was just a pleasant holiday Oiska.
business man," he said. FORMOSA:-Giran, Kagl, Karenko, for a
Keelung, Makong, Nanto, Shin. "We planned this line for grain chicu, Taichu, Tainan, Takao, transport, but we find we have Tamral, Toen, Helto, Taito.
opened up enormous mineral pos- CHINA-Shanghai, Hankow, Amuy,
Isibilities. There is still no better Foochon, Swatow, Canton. OTHERS: Hong Kong, Singapore, way of prospecting than sending Soazabaya, Semarang, Batavia, jout a man with a pack on his Bombay, Calcutta, London, Now back, but even he is able to benefit Tork, Dairon
LONDON BANKERS:
Reuter.
'DAILY CROSS-WORD PUZZLE.
(This cross-word puzzle has been made by an expert but our renders are warned to look out for ocensional phomelic spellings, such as karbor, plow, and altho.).
12
i
13 14
13
E4
15
18
19
20
[22123)
25
26 1247
29
Iv.
30
131
12
133
34
35
36
37
38
139
140
41
42
43
444
45
147
1449
from modern invention., He is
50
51
52
53
154
155
b
57. 1.
58
59
61
*
147
153
64
- 65 bb
6B
[69
72
73
A 176
76
77
The London County Westminster and taken to a likely spot by aero-
Parr's Bank,
plane, the aviator files daily over
4
Cears in the Borop Continent, Basel, pector is ready to move he sign- The Bank has Correspondante la the Commercial the district, and when the pros shuria, Taingiao, Japan, Indo-Chine, Blatz, India, Philippine Pianda, Java, Afrion, O.Šukals to the aviatora blanket treetop is the favourite
Interset allowed en Ourreal áncounty, and Fixed on a Depois se which will be quoted on app signal, I believe-and the aero- plane awoops down and picks him up,
slo. Depolis in Xun osa be accepted.
J. IHARA,
HONG KONG BRANCH:
Manager.
8, Des Voeux Road Central. Hong Kong, 22nd September, 1927.
THE BANK OF CHINA. 行銀國中
(Bpecially Authorised by Presidential Mandate of the Republic of China on the 22nd of November, 1917).
Authorised Canitai Pald-up Capital
Reserve Fund
"The development of one mine alone is expected to call for an expenditure of fifteen million pounds. Millions of tons of ore are in sight, and that traffic will more than justify the building of the Hudson Bay Rallway."
Another factor is the presence, af several points on the. Nelson River, which for 100 miles $60,000,000.00 parallels the railway, of water 18,278,000.00 power resources which can be de- 0,620,425.24 veloped at minimum cost. In one place 400,000 h.p. is available for development. By the time the railway is completed it is expect- ed that Canada will have spent on Branches and Sub-branches all over it about £10,000,000, but it will THE YOKOHAMA SPECIE BANK, China and Correspondents in Europe, have brought Regina closer to
Every description of Banklag and Exchange Business transacted. Safe Deposit Boxes to let.
OIL. LEM,
Manager. Hong Kong, 28th August, 1928.
LIMITED,
Established 1881.
Capital (fully paid-up) Yen 100,000,000 Reserve fund
Yen 102,500,000
Head Offices-YOKOHAMA.
Branchen and Agencies at:
Alexandria,
Batavia.
Bombay.
Newchwang.
New York
Osaka. Peking.
HEAD OFFICE: PEKING.
HONG KONG BRANCH:
4. Queen's Road Central.
Amerion, and other
National Pro-
London Bankers, he told Great Britain by 1,050 miles, Saskatoon by 1,175 miles, Yincial and Union Bank of England,
Edmonton by 1,100 miles, and The Guaranty Trust Company of Prince Albert by 1,300 miles.. New York.
New York Bankare:-The Irving
National Bank.
The Equitable Trust Company of EMPIRE COMMERCE
New York.
Interest allowed on Current Accounts
and Fixed Deposita, Terms on applies-
tion.
Every description of Banking Buel- ness transacted.
Buenos Ayres.
Calcutta.
Carton.
Changchun
Rangoon. Rio de Janeiro. Baigon.
change.
Dairen (Dalny). Fangtion (Mukden).
Hamburg
Hankow.
Harbin
Ban so Honolulu
Kal Toen.
Karschi
Kobe,
Londen
Los Angeles,
Lyssz
galia.
San Francisco. Seattla. Semarang. Shangbal Shimonow. Singapore. Boerabaya. Bydney. Tientala
Tokyo.
Tsinamfu Tsingtau: Vladivostol
(Temporarily closed).
Deposits received for fized perioda
så rutes to be obtained on application
NEW ZEALAND'S
RESOURCES :
Wellington (N.Z.) The Gov-
Loans granted on approved securities, ernor-General, addressing the Special facilities for Home Ex-Conference of the New Zealand Chambers of Commerce, said that
SHOU J. OBEN,
Manager.
it was a calamity for any young country of which the resources
THE BANK OF CANTON, LTD. were endless, to restrict its im
Established 1912.
· Head Office:Hong Kong. Azibariand Caplin) (ILM, Ostraint) 8×1,000,00
OPRA MOHRS 2007. 25. Qualoa, Shanghai, Haklow, twshow,
SPALONDON BAKTERS 100.
migration; such a step obviously. arrests the country's growth.
"How can secondary industries develop without purchasers?" 90,000 asked the Governor-General He did not think that secondary in- dustries were ever assisted by: raised tariffa. To arrest immigra tion was at present nécessary, but of deplorable; there was room for far greater development of primary industries, and for an extension of the market with Great Britain, and particularly with Scotland.
Entrent allowed on Current Accounts, makes manga and baking
kde zake Bones, park) as a poly evated and lemn pe had NOT
LOOK POONG MELAN, Hong Kong, 19th February 17
HORL
Hong Kong, 11th September, 1928.
LO
HORIZONTAL
1-Praface 7-Commanded 13-Wander 14-Saying. 16-Girl's namo,
shortened 17-Buoy up 19-Cool
20-Up and about 21-Spread 22-800
26-Period of time
26-Always
28-Hurried
30-Negativa, 32-Gad of. love 34-Endure.
35-Man's name (short)] se-Mond
88-Nominated 40-Esg!69 42-Part of a dog 48-Kitchen-utonali 44-To blacken, as with soot 46-8166ps 46-Twists 48-Wading bird:
80 Printer's unit
81-Was indebted 83-Silt
כל סרן
©THE INTERNATIONAL SYNDICATE
HORIZONTAL (Cont) 65-Place of worship
(abbr.) |56-Cut off 58–Assort 60-Revärence 02-Odd |65-Exclamation
|67-Taut
(8)-Before
170-Larist throwar
72-Irish Quello
78-Becomes acquainted 75~Telegram (70-Bolied |77-Made a nolue
VERTICAL 1-Make ballave 2-Part 3-Escape
-Allow B-Baby's first word
6-Prepare for
pubitontion
7-A melding
B-Mualoal note
-Printeru menzuro
(pl.)
10-Proportioned
[11-Turkish_governor
12-Wracks
VERTICAL (Cont.)
16-8kin diseREO 18-Wide-mouth pitchar 20-A continent: 23-A metal 24-Out-building 27-Door meat 20-A hermit. jat-Made of oats
33-Pleasing 134-8aga
36-Prank 37-Rodent
39-Human being 41-Poilsh 140-Discounts
46-Cried
|47-Metal wrate
49-Cut. 163-Knowing
4-Above {54-Judgment.
57-Nuda [59-8wift
81-Exfsted
[83–Grass stem
84-Snare
[66-At this place
[88-Place:
71-FORDUBE
73-Pronoun 74-Thus
(Two solution of the above cross-word puzzle will appear in to-morrow's issue along with a new crone-wurd puzzle.)
YESTERDAY'S SOLUTION.
DE JOLTI
R
CHAIN
NED
D
KY
AL
T
ERE
BL
SOWER
“CHINA” LADIES' HAIR DRESSING
SM SALOONAM
Head Office -25. Des Voeux Road Central. Tel. C 6234.
Firal Branch
No. 5, D'Águilar Street, *(For Ladies only)
(Telephone No. C. 6284)
Second Branch
No. 22, Queen's)
·Road
Central.
For Ladies & Genis.)
*- (Rear › Ground floor-of
Bow! Kayamally. Building)A- Your Visit is eordially: welcomed when you will see that our. Treinod Female Hair Dressers give you
every satisfaction.
-Business: Hoaraule 8am to 7 pm, un wocks days. 512 Emeonta 5 p.m. on Sundays,
'THURSDAY, NOVEMBER 15, 1928.
THE
HONGKONG
HONGKONG Hotel; REPULSE BAY HOTEL: PEAK HOTEL,
Telegraphic Address: "KREMLIN, HONGKONG." AND
SHANGHAI
ASTOR HOUSE HOTEL; PALACE HOTEL;. MAJESTIC HOTEL. Telegraphic Address: "CENTRAL, SHANGHAL"
HOTELS,
LIMITED.
In association with the Grand Hotel des Wagons Lits, Peking.
KING EDWARD HOTEL.
Most Modern and Central Hotel in the Colony, all Bed Rooms, newly renovated and installed with Box Spring Beds, Hot and Cold Water, also Telephone. Hotel Launch meets all steamers.
TEA DANCES:
Monday, Wednesday and Friday, 5 to 7 p.m. Tel. Add: "Victoria.". Telephone No. C. 379.
J. H. WITCHELL,
Manager.
Courtesy, Comfort, Service and Luxuries of Modern Hotel Construction
THE HOTEL RIVIERA
MACAU.
Cable Address :-" RIVIERA, MACAU,”
BEWARE OF IMITATIONS
Borsalino
"ANTICA CASA
FONDATA NE)
1887
HEY are used by millions of Men
Twho care for a really superior Hat
This hat is the genuine
BORSALINO.
FINE TEA
FOR PRESENT
SETS
20% off SALE ON:
“MIYAJIMA"
Ground Floor, Hong Kong Hotel Building, 27, QUEEN'S ROAD, CENTRAL.
AT PRESENT, OUTDOOR WORK ONLY
K. FUJIYAMA
PHOTOGRAPHER.
NIGHT PHOTOGRAPHY AND EN-
·LARGEMENTS A SPECIALITY, ENLARGEMENTS CAN BE MADE FROM ANY PHOTOGRAPH. NEW, OLD OR FADED.
WEDDINGS AND GROUPS A FEATURE.
SPECIAL ATTENTION GIVEN TO -DEVELOPING, PRINTING, AND
DEENLARGING AMATEURS'
PHOTOGRAPHS AT A VERY MODERATE CHARGE,
PROMPT DELIVERY. GUARANTEED.
I can give you as good results, as any. Photographer
In the City and better than 95% of them,
TEMPORARY OFFICERCAL
3rd FLOOR, 117 PRAYA EAST, HONG KONG.