2

HONG KONG AND SHANGHAI BANKING CORPORATION.

Authorised Capital $50,000,000 fused and Folly Pald-up

$20,000,000

Fra Funda 1-**

Brazing,900,000

...$14,000,000

Berra Liability of Progristere 30,000,000

HEAD OFFICE: HONOKONO.

COURT OF DIRECTORA :----

A. H. Compton, Esq. Chalman,

K. 8. Draw, Esq. Deputy Chairman.

4. Mr. D. D, F. Baish. W. I. Boll. Eat. B. Lander Lewis, Bagi

C. O. 8. Heckle, #».

AMOT

W. L. Frilanden, Erg. J. A. Plummet, Esq.

T. 0. Well, Esq.

IL. P. White, Yaq,

Oldal Manager.

Hon. Mr. A. O. Ilyass.

BANOKOK❤

BATAVIA »

NOMBAY

CALOUTTA

CANTON

CHEROU COLOUNG DAIREK

POUCHON

ILAIPHONO

HONGKEW

BANKOW

HARBIN

ILOILO

POL

JORDRE

KOBE

KOWLOON

DRANCHES-

KUALA LUMPUN

LONDON LYONA MALACCA

- MANTEA

NOVELEN

NAGASAKI NEW YORK PEKINU

PENANG

RANGODK

SARGUN

PAN FRANCISCO

SHANGHAI

SINGAPORE SUURABAYA SUNGEL PATAN WESTMIN

TOKYO

TSINGTAO

TOKOHAMA

Our Apuis opened la Local Currey

and Fixed Deposita receved for one your or tortor periods in Local Currency sad sterileg no terms which will to quoted on appleton. Hong Kong, al January, suzu,

行銀商工法中

BANQUE FRANCO - CHINOISE pour le

Commerce et l'industrie

(Incorporated in France).

Prince's Buliding, Chater Road, Hong Kong.

HEAD OFFICE:

74, Rue St, Lazare, Paria, Capital fully paid up..Fra.60,000,000 Special working capital .Fre.50,000,000 Reserves

.Frs.22,319.000

ciale Italiana.

THE CHINA MAIL,

COMMERCE

MANCHESTER TRADE

RISE IN AMERICAN COTTON

SMALL YARN SALES

AND

FINANCE.

U.S. LABOUR

DEMAND FOR HIGHER SCHEDULE

TOO MANY IMPORTS

New

BRITISH TRAMS

4,700 MILLION. PASSENGER LAST YEAR

238 UNDERTAKINGS

of which

Tramway undertakings in Great Britain, states, a return 'issued by the Ministry of Transport for the year ending Doc. 81, 1927, for companies, and March 31, 1928; for BRANCHES!

local authorities, carried a total Paris, Lyons, Marseilles, Saigon,

In their weekly review of Man- Haiphong, Hanol, Tourane, Qalahon,

York. Alarmed by the of 4,705,842,932 passengers. This Huệ, Thành-ham Vinh. Prom Panh.

chester Trade dated December 5, flood of foreign imports which, it is an increase of 5.51 per cent. Peking, Shanghai, Tientala, Hong

Messrs, Sir Jacob Behrens & Sons is claimed, has made thousands of compared with the year 1926-27. Kong

During the period covered by American write as follows:-

workers idle, the RANKERS: FRANCE:-Societo Generale, Banque There was a smart rise in Ameri- Federation of Labour, in confer the return there were 238 tram-

Nationale de Credit Banque do can cotton or Thursday last, when

ence at New Orleans, resolved to way undertakings, 167 Paris et des Pays Ba

Mid American "spot" touched petition the President-elect, Mr. were owned by local authorities. LONDON: Midland Bank, Ltd.

The route mileage worked amount- NEW YORK: American Exchange 11.09d. in Liverpool. Since then Hoover, to call a special session

a decrease of Irving Trust Co., Banca Commer-values have fallen daily, until yea of Congress to revise the tariff.ed to 2,514 miles,

forty miles compared with the berday the price was 40 points

For the past six months the or previous year, but car miles run SAN FRANCISCO:-Bank of Italy. lower. Profit taking by specula-

has ganisation

quietly been

were 896,554,545, an increase of Every description of Banking and tors and the uncertainty of what

gathering statistics to demonstrate

4.70 per cent. Cor- the Bureau Report due on Satur the increasing, inroads being made Exchange Business Transacted.

The total capital expenditure at day next will be, are held to be respondents throughout the world.

L. BERNIS, the chief causes of this drop. Yes-by Importations of foreign-made the end of the period under re- Manager, terday, however, New York rates merchandise on the American marview amounted to £99,918,760, au

ket. Taking only few articles, Hong Kong, 3rd August, 1928.

closed some 9 to 16 points up on the day, whilst Liverpool opens this the statistics show that in the morning 7 to 9 points up.

dany period 1920-1927 the value of im think that the upward tendency is ports has increased, despite the not justified and that the present protective tariff, as follows:

1920.

1927, outlook of cotton supplies does not warrant it. Egyptian staples, Booka & print- £3,000,000 after advancing until F. G. F.

ed matter £1,710,000 £2,032,000 £4,000,000! Sakel touched 19.40d. last week, Boots & shoes 158,000 1,200,000

(1922 £3,000,000, were back again yesterday at the Bricks

30,000 price of a week ago.

figures) ...

400,000 pared with a year ago, both Ameri- Clay products 3,141,000 4,748,000 can and Egyptian prices are hover- Electrical ing round about the same rates. The takings of American Sorts by Great Britain, America and the Continent this season are some 360,000 bales less than a year ago. each being behind, our decrease being to 61,000, whilst America has taken, 247,000 less, but the Contin- ent is only down 53,000 bales.

Yam

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA. Incorporated by Royal Chater. 1859. HEAD OFFICE: LONDON. Paid-up Capital Reserve Fund... HONG KONG SAVINGS BANK. Reserve Liability of Proprie

The Business of the above Bankʻin conduci.

ed by the HOSOKONG AND SHANGHAI, BANKANU

CORPORATION

côtaloedd application.

FOR THE HONGKONG BANKING CORPORATION.

tors...

Agencies and Branches:

ALOE STAB

Bula may be

Malay States)

AMRITSAR

• KILANOVAL

Chal Manager.

A. C. LINES,

Log Houg. 15th September, 1977.

NEDERLANDSCHE HANDEL

MAATSCHAPPIJ

(NETHERLANDS TRADING SOOLETY)

DANKKEN.

Established 18.

Hong Kong Dice:-11 Queen's Road Central.

Authorised Capital

Faid-Up Capital

Sopra und

sildars 150,000,000- (212,500,000,) (40,000,070.) Guidare 10,000,000- (23040)

Quilder 80,500,000

isa DAKISTERDAM') Excernom! Ofis :—BATAVIA. BRANCHES:-Unixconsin Bandong) BomDAY,

Coltulle, Cheribou, Jeddah, Djember, jokjakazie") The Hague'). Kobe, Kota Radje, Makassar, Madan, Pedang Palembang. Fakalongan, Petang Postions, Bao, ardatz 1, Bibolga Damjang), bhanghai,

Bates), Blagajane, Bourable,

(Bala), Tegal, Thing

Streda:s.

and

"Thoso ustices are safe deposit bocas to int

BANGKOK BATAVIA BOMBAY CALCUTTA CANTON CAWNPORE

CELU COLOMBO DELILI HAIPHONG HAMBURG

KUCHING

MADRAS

MANILA MEDAN NEW YORK PERINO

PENANG PESHAWAR HANUOON SAIGON BENARAND SEREMDAN SHANGHAI SINGAPORE SOUTLABAYA TAIPING (F.M.R.

ILANKOW

JARDIN

(N. Manabwis)

HỒNG KONG

TAVOY

ILOILO

TIENTSIN

TOKYO

Iron

KARACHI

XLANG

KOUZ

KUALA KANDSAE

Parak (F.1.8.3

KUALA LUMPUR Foreign

TONGKAT (Bhuket)

ТВІХОТДО

YOKOHAMA !

ZAMBOANGA

(Philippine Islands)

'.

Deposita received for 1 year or short- or periods at rates which will be quot ed on application.

A. H. FERGUSON,

Manager.

Hong Kong, 3rd April, 1929,

THE BANK OF CHINA. 行銀國屮

London Bankers-National 'rovinsial Bank Ltd. (Specially Authorised by Presidential

Correspondante mil dear the world

Deaking busume of vary daription trenzasied,

4. STEENBTRA.

Hong Kong, 29th August, 1928.

Matanger.

BANQUE DE L'INDO - CHINE.

HEAD OFFICE:

·HEAD OFFICEÀ

HONG KONG BRANCH:

When com-

:

The American Yarn market is decidedly slow. The spurt in price

machinery.

+

The total gross receipts were

increase of $1,808,255 in the year. 27,751,504 and the total working expenditure £21,948,147, leaving not receipts amounting to £5,808,- 957.

THURSDAY, JANUARY 3, 1929.

NEW YEAR ATTRACTION.

CHARLES MACDONA

Presenta THE

MACDONA PLAYERS

in plays by

BERNARD SHAW

Direct from the Kingsway, and Garrick Theatres, Londen.

THEATRE ROYAL HONG KONG

Commencing MONDAY, Jan. 7th at 9.15 p.m. FIRST WEEK ATTRACTIONS:

Monday, Jan. 7th

"PYGMALION"

Tuesday, Jan. 8th

"MAN AND SUPERMAN" Wednesday, Jan. 9th "CANDIDA"

Thursday, Jan. 10th "THE DOCTOR'S DILEMMA" Friday, Jan. 11th

"MRS. WARREN'S PROFESSION"

Saturday, Jan. 12th "MRS. WARREN'S PROFESSION"

Monday, Jan. 14th

"YOU NEVER CAN TELL”.

Company under the management of Booking now open at MOUTRIE'S.

Charles Macdona.

PRICES: $4 reserved $2 and $1 unreserved

For the Area

and population of China.

THE

CHINA

YEAR

Consult

TRUSIS

YEAR BOOK

1927-8...

Obtainable at: KELLY & WALSH, LTD., HONG KONG,

PRICE $15.00.

HONG KONG MARKET PRODUCE.

177,000 233,000 Fur felt hats 92,000 500,000 Straw hats 1,570,000 1,817,000 Glass products 2,845,000 6,124,000 China ....... 1;014,000 2,100,000

The

that federation - BAYS 114,000,000 foreign bricks came, Beef Sirloin here in ballast in 1927, represent- ing a loss of 100,000 working hours for American labourers. One Chi- cage skyscraper contains 4,000,000

· Thirty-five per], foreign bricks.

of the raw material on Thursday cent, of the wire-weavers here are last brought out a considerable

dles.

As regards the prospect of tariff revision, it is agreed that Ameri- can industry views the recent elec-} tions as a mandate to Congress to provide "real Republican Protec- tion." But although Mr. Hoover

APPROXIMATE

RETAIL PRICES.

Poultry.

249

65

30

26 - 20

Rutcher Meat.

Dec. 28, June, Juno,

1928. 1918. 1914.

Dec. 28, June, Juneų, 1928. 1918, 1914

Cls. Cie. Cta.

Cte. Cle. Cla

lb.

25

Prime Cut Cornes

**

24 12.

Chicken

25

28

12

lb. 65

#

34

28

-12

Capone, Small

50

J

34: Roast

28 24 *

Η

Capone, Large

55

·

Breas

20 20

18

Duck

40

+

Scop

24

20

18

Dovea

ench

20

#

Steak

28 24

Eggs, Hen (cooking)..

per doz, 38

26

Steak Sista Sausages

40 30 85

Eggy, Hen (fresh)

朝鮮

21

40

28

Fowls, Canton

Bullock's Brains

点错

A

"

Tongue, fish..

each 85 60.

Uu

#

Tongue, curnLU

60.

· Ti

Hood

$1.20

$1.2

11

Heart

lb.

$4

11.

14

"

Harp, Sell

21

20

IR

Feet

each 10

10

12

Klángy

15 10

12

Tall

H

20

**

*

Liver

"

24 19

14

Tripe

# d 4.

-0%

Calycs' Hand & Foot $1.20 $1.00 $3.00 Hutton Chop

Exchange And General trade in most sorts of twist and out of work or on part time be Banking business transacted.

welt as well as single and twofold cause of the heavy Importations Fifty per Current Accounts opened and Fixed bundles. Since then with cotton of that commodity.

out of work, falling daily, the policy of "wait cent. of the membership of the and see" has been fairly prevalent Potters' Union are and may last until the weekend due to the large importations of pottery, and many Bureau Report is published. Most European salesmen' yesterday complained of American factories are closed.

Immediate Revision the lack of orders. Egyptian yarus

The same state of affairs, it is! are also in poor request. The re- cent rise and the fairly strong posi- asserted, applies to all the Ameri- tion of cotton supplies, tend to can industries which are obliged check buying, with the result that to meet foreign competition, and Mandate of the Republic of China sales are chiefly confined to small an immediate revision of the Tariff on the 22nd of November, 1917). lots for immediate use. These con Law is demanded.

|ditions, apply to all sorts of yarns Authorised Capitai $60,000,000.00 including single and twofold bun Paid-up. Capital

18,278,600.00 Roserve Fund

9,629,425,24

3

Cloth Cloth prices are stendy. The rise KING.

in prices continued until Friday last, and this brought out a good is an avowed Protectionist, it is deal of inquiry. Overseas, buyers believed that he will not encour 96, Boulevard Haussman, Paris.

4, Queen's Road Central. Branches and Sub-branches all over naturally fought against the ad- age the hopes of some people that Subscribed Capital. Fre. 72,000,000.00 Faid-Up Capital ....Frs. 08,400,000.00 China and Correspondents in Europe, vance, but a fair amount of busi- the tariff should be raised to a Reserve Funda.....Frs.102,000,000.00 America, and other parts of the world. nosa was undoubtedly booked. Since prohibitive level, and will require Provincial and Union Bank of England, then cotton has suffered a relapse, all the applicants for higher Pro- and our experiences are varied: tection to justify their claims. The Guaranty Trust Company of Some mills are still booking, as buy- Mr. Hoover, however, disagrees ers think that it is a favourable with the argument that a higher New York.

New York Bankers: The Irving time to operate, while others report American tariff will impoverish National Bank.

that there is nothing doing. The

and diminish foreign countries The Equitable Trust Company of

net result is that prices are steady. their ability to buy American pro- New York.

Heart... Current Ac-and while overseas buyers may per Interest allowed on

Kidneya counts and Fixed Deposits. Terms on haps be anxiously watching the ducts. There are the "invisible"

expenditures of Americans who' application..

course of the raw material, it is an

Liver 5 Every description of Banking Bust- undoubted fact that there is more travel, insurance, and cargo coats, Loans granted on approved recur. backbone in prices, and that the and Mr. Hoover has pointed out, Bucking Figs, to order.

·Banque do Paris et des Pays-Basj: Itlés.

position of spinners is greatly im- 65 per cent, of America's annual Bust, Beef Credit Industriol et Commercial; Special facilities for Home Ex-proved. As we have said above, imports are admitted free of duty are raw materials, the next Bureau Report may give because they SHOU J, CHEN,

Manager. a clue to the situation. Meanwhile and 6 or 7 per cent. of the duti- are luxuries which it appears unsafe to draw conclu- able articles slons from the present state of the Americans will purchase at any

price.

Bankers: The London

BRANCHES:

Bangkok Hanoi

Casthe Mengtze

Canton

Quinhon Battambang Hong Kong Saigon

Shanghai Nam-Diah Singapore

1Ltd.

Dijbouti

Noumen Tientsin

Fort-Bayard Papeete

Tourane

Haiphong

Peking

Vinh

Hankow

Prom-Penh Yunnanfy

Pondicherry

· BANKERS:

IN FRANCE: Comptoir National ness transacted." d'Escompte de Paris: Credit Lyonnais;

Bociate Generale.

IN LONDON: The National "Provin- cial & Union Bank of England, Ltd.; Comptoir National d'Escompte do

Paris; Credit Lyonnais.

IN NEW YORK; J. P. Morgan - &

change.

National

Co.; French American Banking Core THE BANK OF CANTON, LTD. market g

poration; Guaranty Trast, Co. of New York.

Interest 'allowed on Current Ac counts and Fixed Deposits according, to arrangements.

Every description of Banking and Exchange Business transacted. Safe Deposit Boxes to let

A. LECOT,

Manager.

Hong Kong, 28th Nov, 1928.

THE YOKOHAMA SPECIE BANK, LIMITED.

Established 1880.

Capital (fully paid-up) Yen 100,000,000 Reserve fund ... Yen 102,500,000

Head Offen: YOKOHAMA,

Branches and 'Agencies, at:,,

Alexandria

Batavia Bombay

Buenos Ayres: Calcutta

Canton

Changchun

'Dairen (Dalny).

Newchwang

"New York

Osaka

Rio de Janeiro

Fengtien (Mukden) Seattle

Hamburg

Hankow

Harbin

Tong Kong

Honolulu

Kai Yuen

Karachi

Kobe

·London

Los Angeles Lyons

Nagarski

*Peking

Rangoon

Salgon San Francisco

Semarang

Shanghal Shimonoseki

Singapore Borabaya. Bydney

Tientsin

Tokyo

Talsanfu

Teington Vladivostok...

(Temporarily"

Established 1912.

Head Office: Hong Kong.,

Authorised Capțial (H.K. Curranty) ...$11,000,000 Pald Up Capital Bears Frind

8,064,300 150,000 BRANCHES 1— Canton, Shanghai, lankow," _Buzlow, Darskok, New York and Bau Prancisco.

LONDON BANKERS

The Bicyd's Bank Limited.

CORRESPONDENTA

In il principal cities of the World.

Foreign angs and banking busines of vacy ripilooted.

Bait Depot Boxer (Various a) tardy

rental of from la

LOOK' POONG SHAN;

Chicf Manager, Hong Kong, 19th February, 1927,

UNCLAIMED TELEGRAMS.

THE GREAT NORTHERN TELEGRAPH CO., LTD. OF DENMARK.

*

INDUSTRIES FAIR

ADVANCE CATALOGUE IN NINE LANGUAGES

London, Yesterday,

A special advance overseas edi. tion of the catalogue of the London

men ness

KRERKSAGESSÓÆRKESHBORS ZAUR+S+WZKERSBOBLBEERS

Fowls, Hainan

Grose

Pigems, Canton

Holbow

Turkeyn, Cock

· Turkeys, Hon

Salpe

Pheasant

**

* B Z

Quail Partridges

Fruits.

Carambola

Cososnuta

¤ 8 × ÷ 8 8 Ñ .8999888 188

40

"

40

"

each 50

1b.

70

60

1

esch

pair 2,00

་་ ་

cạnh 2

"

Bananam (brides} v....

#each' 14-

Lemon, China. lb 10

៩ ន៩៩៩ វ គឺ ៖ ៩ | | | | | | |

| | | | ន រ ន វឌ | | | | |

* * * * * * * *8

བྲཱཧྨནྟུསྶབྲཱབྲཱཀླི||}222:|T

#

*

Ib. 46 To

Sp

Log

148 20

21

Shortder

*44 24

n

Saddle

45

Almonds

lb.

65

Pig's Chittings

80

$7

Apples (California)

#

金山榨菜

22

F

Braine

Par set 3

12

「山香蕉

5

M

Foot

Ib.

15

15

醬:锰

77

Fry

28

13

· 18.

10

[か]

Head

18 20

H

Hear:

esch 15

·10

10

Lemons (America)

✯licach, 10.

13

.

Ekoes

10

Lichees, Dried ........

Ib.

48

24

Oranges (Canton)

Liver

"

Posk Chop

16

26 29

Orangen

荔枝干5 ****

48

10

糖!

10

#

Fies

86

18

Loin

#5

42

60 70

14.10

P

Fat or Lard

26 21

Sheep's Head & Feet..

per nit 90

40 70

17

8 auch

7

16

12

10.

Walnuts

46 26 15

Graper

16

*

10

20

18

4.6

26

20

76

牛羊钌仔

Pears (Canton)

Peanuta

Persimmorir, Large

Plantald

Pomelo, Siam

Artichokes Beans, Sprout

Mutton

Yeal

M

Bapenges

No. 1..

Long

Fish.

Bert Root

Ib. 88 16:

24

Bitter Squash

26 2013

20

10

16

38

10. 27

42

16: 27

LONDON BULLION

MORE GOLD RELEASED FOR

GERMANY

Barbel

Bream

Canton Frosth

Water Fish Carp Catfish

DISCOUNT RATES

Codiah

Crabs

The continued export of gold was Cuttle Fish section of the British Industries again one of the principal points of b Fair, which will be held in 1929, interest in Lombard-street on Dec-Dace

Dog Fish is now being issued to 10,000 busi-ember 4; Germany and an undis-

closed buyer together took $830,000 Eels, Conger in Europe, North

of the gold avallable in the bullion America, South Africa and the market, while, in addition, a further eastern coast of South America, | £320,000 of bar gold was taken out including all those buyers who have of the Bank of England-It was notified the British Department of understood on German account. Overseas Trade of their intention This" strady loss of gold helped to to attend the Fair:

keep discount rates steady in the Halibut

Fresh Water Yellow

Frogs Garoupa Gudgeon

Berringa

By his publishing feat, which has face of continued case in money. | Labrus· only been made possible owing to Brokers usually adhered to 4.5/16, the keenness of British manufac per cent as their rate, for threz Loneh burers to participate in the Fair, months" fine bank bills, with bus-Lobsters trade buyers in cities as far apartness sometimes reported at slightly Mackarel The following unclaimed tale as Constantinople, Capetown and under this level. A Continental Mork-Fish Arams are lying at the office of the Vancouver will be able to receive demand was in evidence at 44 per Mallet. Great Northern Telegraph Coma copy of the Fair catalogue before cent, and certain home banks were Oysters pany (Limited) of Denmark:-

Nusery, from Tokyo.

Tait, Hong Kong, Hotel, Shanghal

Tate, Repulse Bay Hotel, Shanghal

Selfi Kwatant Yusen, Tokyo.

commencing their voyage to Eng-bayars of January bills at 4 per Parrot Fish

cent. There was no sign of any Perch land,

"special" salling of bills. Money Piks

Pomfret, White Prawns

The catalogue, apart from con seemed quite an abundant an on Plnica from taiping descriptive entries of the Monday Loans for the night were Pomfret Black

exhibits of more than 1,200 British generally obtainable at from 8 per from manufacturers, embodies a com- cent down to 24 per cent in the plete cinssification of all those ex-morning, and some lenders finally from hibite by trades and indexes in accepted 24 per cent. The re-

ning languages, enabling foreign newal rate for day-to-day advances Rack buyers esally to trace the goods in other, then those carried on at a Bosca

Salmon which they are particularly fixed rate was generally 8 per cent. Interested.

The Bank rale la 44 per cent, Shark Enclosed with this catalogue Is to which it was reduced from 5 per Bate an advance list of some 700 firms cent, on April $192746 The banks exhibiting at the Birmi

deposit rate tion of the Feir, which takes place concurrently with the ndon: nee tion from Fabuary 18 to March 1British Wireless Service.

Razario, from Amoy. Captain Abercromby, Peninsula Hotel, from Shaughat,

closed):

Mr. V. W. Kao, Peninsula Hotel, Interest allowed on Current Ac from Dairen counts.

Deposits received for fixed periods Ling Long, from Osaka. at rates to be obtained on application,

Hong Kong, 11th Septembery: 1928.

Hon Lon

E. V. JESSEN.

3 par cont, and

the discount

崑肚 水 40=-444. 'A EDIGSE# DARogue:

24 12

86 28 26

Red

Vegetables, &e.

2 each 12

Jb.

12

2

Brinjals, Green

Cabbage, Chines

(Shanghai)

Cane Bhoots, bunch...

Cauliflower (Large)

(Medium)

**** each 15.

20

16 2

(Small)

中暢花

#

12

ав

23 18

В

26 20

Carrots

10

8 10

Celery, Chinese

31

10 10

86

16

Chillion, Drind

辣椒管

24

20

24 10

18

Red

紅辣椒:

24 10

46.

24 80

Green

10 8

64

-. 82

25

Carry Stuff, English

8 10

62

40

30

Cucumbers

.8 2

26 22 18

Carla

10

8.

-26: 18

28

Ginger, Young

..7

181 16

22 18

22

24 44.82 31

Horseradish; Shanghal. Indian Cora Lettuce Water Chestnuts

架膩材料

青菜干者

23 -20 28

24

18 2 18

2

Mandarin, NM.

Mushrooms, Fresh Okroen

62 16 22

125–14:

86 20

Onlose, Bombay

Green

26

29

80

80

Parsley

Potat

Swee

10 14

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