2
HONG KONG AND SHANGHAI BANKING CORPORATION.
authorian Cup 480,000,000 Lased and Fully Paidiwa n $80,000,000 Besar Punds—
Sameling smartamemesnė 1,000,000 Em
$14,000,000
Keserye Kiability of Proprietors um 30,000,000
HEAD OFFICE: HONG KONG.
BOARD OF DIRECTORA:-
W, A. Dall, Esq.
Chairman
J. á. Plummer, Exp Deputy Chairman,
1. D. F. Beith, Eŋ.
k. H. Compton, Esq.
M. T. Jakason, q
Lander Lewis, Zaq,
HOT
BANGKOK
'BATAVIA
BOMBAT
DALJOTTA
CASTOR
CITEPOO
COLOMPO
W. E. Patienden, Esq.
T. B. Pros, Zag
Y, H, R. dhaw, Kaq.
J. P. Warten, Esq.
China Manager.
Hon Mr. A. □. Hyose.
BRANOLIES,—
LONDON LYONA MALACCA MANILA
QUEDEN
NANASAKI
NMW YORK
TRIPING
PENANG
BANGOON
RAIGON
BEEANDELAT
DAIBEN
FOODILOW
HAIPHONO
KLAMBORO
BAN FRANCISCO
HANKOW BARBIN BONGKEW
ΠΟΙΟ
COKYO
IPOH
JOHONE
SINGAPORE
SOURABAYA
BUNOZI PATANI TIENTSIN
KORE
KOWLOON
KUALA LUMPUR
THNOTAO
YOKOHAMA
Ourrent Accuse opened in Local Currency wad Band Deposite morized for oda quar se shorter perlods in Imcal Currency and Sterling da kems which will be quoted on eppiston. Hong Kang, 13th November, 1999.
HONG KONG SAVINGS BANK.
The Bulness of the above Bank la conduc
ed by the HONG KONG IND BHANGHAI BANKING CORPORATION.
obtained po wypilan lan
YON THE DONG KONG PANKING CORPORATION.
Bules may be BHANGHAI
A.0. NES,
Chief Manager.
Hong Kong, Beptember, 17,
NEDERLANDSCHE HANDEL - MAATSCHAPPII, N.V. (HETHERLANDS TRADING BOULETE) BANKERS,
Extebilabed 1824. Have Kong Offos:- Queen's Boad Cantai. Aalbarhed Capital Oulideru 100,000,000- (ALL,MBJUD.) Paid-up Capital Out 3,000,000 Barve Fund ............................. Guilders 60,000,000
(28,188, 189,) Hand Othon 2-(AMSTERDAM'), Bacorn fland --ÖTAVIL GRANULES:-Bendjarmasin Bandowag”), Bombay,
Celesti, Chribon, Djember, Djok jakarta) The Hague'), Jaddak, Kobe Koma-Badja, Makassar, Madan, Padang Falrabang. Pekalongan, Penang,
Bengkal Samanng
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.
Incorporated by Royal Charter, 1853. HEAD OFFICE: LONDON. Paid-up Capital
Reserve Fund ...
..£8,000,000
.£4,000,000
.£3,000,000
Resorve Liability of Proprie-
tors
Agencies and Branchen:
KUALA LUMPUR
MADBAR
ALOR STAR
(Malay Minto)
KUCHING
AMBITŠAB
BANOVCE
MANILA
MEDAN
NEW YORK
PERING
BATAVIA BOKBAT CALDUTCA CANTON DAWNPORE CENU
BIOMIO
DAIREN (Dainy
Bouth Manchuria) DELHI
BAITRONG HAMBURG
TANKOW
HARBIN
IN. Manaburta)
ILGIZO
TĂNG XÔNG
IPOI
KARACHI
KLANG
KONE
KUALA KANOSAN
Porsi (F.H8.}
FENANO PESHAWAR DANOOON BALDON BEMARANG SEREMBAN SHANDHAI
SINDAPORE
HOURAJAYA
TAIPING
IF.M.8.)
TAVOY
TIENTSIK
TOKYO
TONGEA (Blukət)
'TUINOTAO
YOKOHAMA
ZAMBOANGA
(Philippine Islanda)
Foreign Exchange and General Banking business transactad.
Current Accounts opened and Fix- ed Deposits received for 1 year or shorter periods at rates which will be quoted on application.
A. H. FERGUSON,
Hong Kong, 6th January, 1929,
Manager.
THE HO HONG BANK, LTD. (Established 1917.)
Authorised Issued
Paid-up
CAPITAL,
THE CHINA MAIL.
COMMERCE
BRITISH INDIAN IRON INDUSTRY
JAPANESE AND BRITISH FAIL TO REACH COMPROMISE
BRITISH PRICES LOWER
AND
FINANCE.
LOCAL SHARES
Benjamin And Potte' Weekly Report
THIRD PARTY RISKS
Compulsory Insurance Of Motor Drivers
The recent outcry against the un- insured motorist has been so great
that the Ministry of Transport has drafted proposals for the compulsory insurance of motor drivers against third party risks,
sure
The scheme makes it obligatory upon owners of motor vehicles to in- their vehicles against third party risks and compets all motor Messrs. Benjamin and Potts, local) zhara and general brokers, in their drivers, unless specially exempted, to weekly share report, dated yesterday carry their certificates of Insurance A govore sales competition is pre-state:—
when in charge of motor vehicles. dicted for Japanese and British In- The past week has seen the satis- Failure to comply with either of dian pig iron, as the result of the factory liquidation of the November these requirements would be an recont failure of negotiations between Settlement. The local market opened offence at law-for driving uninsured the representatives of Japanese pro- quietly, but the last few days has the penalty proposed is a fine of £50, ducers and British Indian exporters seen a revival of business, resulting three months' imprisonment, and not on the compromise to be effected be- tween them on the sales in Japan, in a larger turnover. Cements, Hoteis less than says the "Japan Advertiser,"
and China Lights were notably firm While a representative of the Burn in contrast with other sections. Most from holding Iron Manufacturing Company in of the local companies are showing a Failure to produce on the demand of India was staying in Tokyo recent-distinct improvement in the working police constable the certificate for ly, he negotiated with Japanese pro-reaults as compared with last year and, insurance la subject to a fine of £20, ducers of iron en an amicable ar- with lower Exchange and plethora of unless the driver belongs to the rangement of the preclusion of com- money it is reasonable to anticipata a exempted class. petition between Japanese and Indian brisker market and further advances
Issue of Certificates iron. This has falled to succeed and, in
The scheme authorizes the issue of certificates for insurance only by
tion.
$360. Under Insurances-
Cantons are Hong Kong
year's disquailfication.)
A
driver's Hcence.
}
SATURDAY, NOVEMBER 30, 1929:
IF YOU HAVE NOT SEEN THE 4 DEVILS ON THE TALKIES COME AND SEE THEM
AT
HARMSTON'S CIRCUS
AND
ROYAL MENAGERIE
SITUATED
PRAYA EAST RECLAMATION
TWO SHOWS DAILY 4.15 & 9.15
ONLY 3 DAYS MORE.
30
EUROPEAN
ARTISTES
30
PERFORMING LIONS, TIGERS, ELEPHANTS, HORSES,
PONIES, GEESE, COCKATOOS, LEOPARDS, ETC., ETC.
New Turns! New Thrills!
New Turns! New Thrills !
New Attractions !
that
New Attractions !
PRICES OF ADMISSION :
FULL BOX, 6 PERSONS
$20.00
SINGLE SEAT
4.00
1st CHAIRS
3.00
2.00
STALLS
1.00
GALLERY
0.50
Share levels, in the not distant In consequence, the British company future. has deemed it necessary to open a sales war in Japan against Japaness Banks-Hong Kong and Shanghai such insurance organisation as com products as there is no room for Banks were dealt in fair quantities at ply with certain requirements compromise. The representative of $1,885 to $1,340, the
Bro. designed to guarantee franciai this company is expected to arrange with sellers at $1,940.
market closing ability to meet claims. An insurance
The London with Kishimoto and Company, Osaka, price has advanced
company is called upon to
to deposit £120.10 $20,000,000 which is the sole agent for Burn and (Middle).
£15,000 with the authorities and an 8,000,000 Bengal companies' producta for
$2,000. Marine
approved underwriter and Fire 4,000,000 Japan, on the methods of competi-Uniens are on offer a
obligations of the compulsory scheme it is proposed to exempt from the writers fetched $2.20.
local authorities and such bodies of enquired for at $695.
financial substance Fires are unchanged at $815.
miniatry
Macao Steamboats were negotiated at scheme will protect persons outside
may approve. Shipping Hong Kong, Canton and The policies
under the $28. Preferred Indos continue in de the insured vehicle, except where the mand at $46. Douglas Steamships insured vehicle can be placed at $25. Waterboats are gers for hire, in which case its pas- is carrying passen- quoted $22 with no business report- sangers will also be protected. ed. ·
Docks, Wharves and Godowns will not be protected by the scheme Passengers in a private motor-car Whampoa Docks, after having reced-against loss or damage, for which
Reserve Liabilities
Shareholders
4,000,000 Surplus id
2,218,000 HEAD OFFICES; SINGAPORE.. Branches, Agencies and Correspon dents in the principal elties of the Every description of Banking and
world.
Exchange business transacted.
TAN ENG HOOL,
Manager. Hong Kong, 15th May, 1929.
THE BANK OF TAIWAN, LTD.
(TAIWAN GINKO)
HEAD OFFICE: Taipoh, Formosa Incorporated by Special Imperial
Charter, 1899.
Central Bank in Fort Denk-Hotes_lesund Arsinge amoun) ..Yen, 61,000,000 BRANCHES LED AGENCIES Í JAPAN :—-Zakro. Kokokama, Kobe Osaka, PORMUSA :—Urug Karenko, Kedong,
Wong, Nato, Whinchiku, Talalu, Tales GLENA bangallashow, may, Focobar,
Tabac, Tas, Town, Halo, TalN
Balor, Undice. OTHERS Long Long. Fingay.com Babaya, Demarsat. Dataria, Bombay Calosite London, New York, Dairen.
LONDON BANKEHUS :
The London County Westminster und Parr's Bank
Forlisank, "Rangoon.. „Botterdam'), The Bank bae Correspondents, in mil the pela
HiboCommerce Canted throughout the worlds
KHAGUA.
Bingapore, Boersbe ¡Bolo), Tegal, Tjlakjap and Wallendam.").
2) Thane offosa hava anfu depoils horas lo lak, London Bankers:-National Provipol Baa) IN.
Correspondents all over the world.
Banking business aẼ NTOVÝ demption transacted.
P. K. ELDING,
Trong Hong, With May, 1929.
Hasign.
BANQUE DE L'INDO - CHINE.
HEAD OFFICE:
96, Boulevard Hausman, Paris.
Jubacribed Capital. Fra: 72,000,000.00 Paid-Up Capital: ......Fre, 68,400,000.00 Reserve Funds
BRAN00,000.00}
Bangkok Hong Kong Quinbon Battambang
Catho
Canton
Bue
Mangtze
Saigon Shanghai
Nam Dinh Singapore Djibouti Neamea. Thanhes Lapente
Fort-Bayard Haiphong
Hankow Hanoi
Faking
..
Tientsin Tour
ne Tnom Penh Vịnh Fondicherry Y
Yunnanku BANKERS: IN FRANCE: Comptoir National d'Escompte de Paris; Credit Lyonnais; Banque do Parla at des Pays-Bas; Credit Industriel at Commercial; 80- clate Generale.
HONG KONG BRANOH
De Voss Bond Central, Hong Kong, 29th January, 1990,
THE BANK OF CANTON, LTD.
Establlabed 1912.
The price of Indian pig iron is bo- Iloved to be lowered materially to compete with Japanese products. as the tariff rate is raised for the protection of Japanese fron pro- ducers, they are likely to suffer. It remains to be seen what attitude Indian exporters and producers of iron will assume toward the Japan. esc market.
Stocks in Japan
Stocks of pig iron in Japan and its colonies at the end of September, amounted to 276,387 tons, gaining 12,647 tons over the month before and also 20,881 tons over the same period of last year, according to the Mitsubishi Shoji Kaisha, Of this, 153,419 tons were held by producers, 27.857 tona by distributers and 95,357, tons by consumers.
There were 49,061 tons in Tokyo and Yokohama: 6,998 tons in Nagoya; 9,144 tons in Moil and Nagasaki; 95,015 tons in Osaka and Xobe; 13,902 tons in Muroran; 16,274 tons in Kamaishi; 39,172 tons in Kenjiho;
as the
Issued
ed to $32 have recovered to a buy- the driver or owners of the car in ing quotation of $32%. China Pro- which they are travelling is respon vidents were sold down to $5 but are sible. firmer again and buyers prevailed at the close at
transactions fair number of mitted to the insurance concerns, do
pre-
The Ministry's proposals, a sub- having taken place intervening rates, Kowloon Wharves with insurance rates.
Anot contain any provisions dealing were placed at $147.
Motoring in- Hongkew terests have contended that compul Wharves at Tla 100, Shanghal Docks sory insurance, if enforced by the at Tia. 100 and New Tis. 7% are unchanged,
Engineerings at State, ought to be accompanied by
_*| safeguards against excessive Lands, Hotels and Buildings-Hong miut Kong and Shanghai Bretels fell away $10.10, but there have since been for discussion. The Government has in the beginning of the week to Indeed, they merely represent a basis The official proposals are not final. some recovery and buyers offering $10,35, with sales reported this or any other scheme of compul- are now not yet committed itself either to at $10. Hong Kong Lande are Dry to $64.
The present pos
position in that the Humphreya Estates are Ministry is investigating the subject wanted at $14.40 after sale at this figure. Realty's have
61,780 tons in Dairen; and 272 t005 Sightly easier and ware placed at sy motor insurance.
in other places.
Stocks of icon, classified according to kinds, follow:-
Kenjihl Iron
Kamaishi.
Wanishi
Ansban
Public Utilities-Chi
et back in the hope of producing a practic- able scheme for Inclusion in the The ate afte forthcoming Road Traffic BUL having dropped to an Armer that the principle of compulsory in- Government has yet to be satisfed with bayers at $16.40. A fair quan- tity of Hong Kong. Electrics
taken off the market
towards the
Tons
69.143
to $7.80.
17,259
80,984
52,578
Peachibu
14,490
Asano
11,461
Tamo
160
Tata Burn
20,921
50,207
Bengal
10,039
Cleveland
115
6,664,300 $30,000
Hematite
1,170
Swedish
800
Luxemburg
Mysore
450
American Continental 1,420 European Continental 60 Miscellaneous
Head Office-Hong Kong.
Antkarleed Capital (H.K. Ouren07) ...$11,000,000 Pald Up Captial .......... Beserta Funk panda
BRANCHES
Ceston, Shanghai, Hankow, Sustow, Bangkok, Now”York and San Francisc
LONDON BANKEES :—
The Lloyd's Bank Lündlad, Corespondenta in ali principal sillas of the World
Foreign enhangs and barking below of mary description "teasanctal
Kala Depot Derm (variona sinen) að a yearly, renin altrom $40.
LOOK POONG SHAN,
Chief Manager. Hong Kong, 19th February, 1927,
THE BANK OF CHINA.
行跟國中
(Specially Authorised by Presidential Mandate of the Republic of China on the 22nd of November, 1917.)
Authorised Capital -$60,000,000,00 18,278,800.00 9,020,425.24
IN LONDON: The National Pro vincial & Union Bank of England, Paid-up Capital Ltd: Compton National d'Escompte
de Paris; Credit Lyonnais.
IN NEW YORK: J. P. Morgan & Go; French American Banking Car- poration; Guaranty Trust Co. of Now York.
Reserve Fund.
1928
£235
,276,985
Total ...... Production Increasing
The production of ple iron and steel in Japan has been increasing yearly with a quick pace. Details for the last eight years are as follows:
Steal pig iron
(In tous) 847,086 479,587 603,906 608,262 797,480 898,719 820,101
763,543 921.023 038,385 1,122,803 1,168.494 1,268,471 1,820,877 1,510,114 1,607,527 When the Sino-Japanese War broke out in 1894, the production of steel in Japan was only 1,000 tons or so against the yearly imports totalling 280,000 tons. Even after the Russo- Japanese War when the country was
total dementia demand of 500,000 to import 400,000 tons visited by a business boom Japan had Tout-of the tons. Last year the domestic dercand 150,000 tons exported to Korea, 2,350,000 tona besides
imports totalled 800,000 tons, repre- Formosa and Manchuria: Of these, New Yorkis GOME
New York Bankers: The Irving prodaction. This is contrasted to 80 senting about 80 per cent of the National Bank
The Equitable Trust Company of Russo-Japanese War: This Japan is per cent of imports during the
Interest allowed on Current Accleucy as far as stoel is concerned.
quickly searing a stage of self-suffi- counts and Fixed Deposits. Terms on application.
HEAD OFFICE; PEKING.
HONG KONG BRANCH;
Interest allowed on Current Ac
4. Queen's Road Central· counts and Fixed posita according Ohian and Correspondents in Europe Branches and Sub-branches all over to arrangements.
Every description of Banking and America and other parts of the world Exchange Bualbear transacted...
London Bankers: The... Nations! Provincial and Union Bank of Eng land, Ltd.
Safe Deposit Boxes to let
A. LECOT.
Manager.
Hong Kong, ist May. 1929.
The Guaranty Trust Company of
THE YOKOHAMA SPECIE BANK, New York
LIMITED:
Established 1880.
Capital (fally paid-up) Yan 100,000,000 Reserve Fund
Every description of Banking Busi ness transacted.
Loops granted on approved recur- „Yen 188,500,000 | Itlow. Abrimo Ar
Special facilities for Home Fr change.
SHOU J. CHEN,
•MALESIT
Head Office: YOKOHAMA.. Branches and Agencios at: Alexatidria
Batavia
Baros Arres
aporarily
Nagoya Nowchwang New York
Peking
Kangoon
Rio de Janeźro
Salgon
THE MERCANTILE BANK OF INDIA, LTD.
•KHAD ONPION:
1: 15,- Ozaobakravak - Street, London, 27
fred Capital
to
U.S. PROSPERITY
America's Trade With
The Orient
Washington November 17. The Department of Commerce re ported to-day, thất the Unit combined Orient, trade, for totalled $164,207,000, a decre - per centar compared with the
viour
surance is capable of enactment in a At $18% and legislative measure. $66, and there are further enquiries nounces that any person belonging to An Admiralty Fleet Order an- close at $65%. Star Ferries have fluctuated between $70 who is permitted to garage & car the Flest or in Admiralty service and $70%. Hong Kong Trams are wanted at $19.10, Telephones con tinue in
request a* $7.80. Miscellaneous Green
Island Cementa (Combined) opened with sales at $12%,
but a strong demand
or motor-cycle in buildings or gaz- ages at naval establishments or offi- cial residences is to be required to insure against third party risks.
Steps are to be taken to ensure
for the shares has since raised the compliance with the order. price to $18. A considerable business has been done both for Cash and for- ward delivery at enhanced rates. Dairy Farms were realised again at the outset at $20%, bat have since strengthened and can
be placed at $204. Watsons were sold down to $1134. Hong Kong Ropes are on offer at #3.There are buyers of Benguets at $4.70 after transactions at this rate. Raubs have changed bands at $12. Shell Transport and Trading Company have declared s dividend of 2/- per share free of In- come Tax payable on January 6, 1980, Bearer Coupon No. 55:
Cotton Hills. Even were dealt in to a fair extent up to Tls. 15%, bat on account of forced sales for the November
Settlement in Shanghai the market is easier, transactions having taken place down to Tia, 14%..
Rubbers The following are the latest cabled quotations received from Shanghal
Anglo-Javas Anglo-Dutch Batu Anams Chemors
Kroewooks
Rapais
Tanah Merah Consolidateds.
Buyers Tis. 7.75
4.25
2.10
1,45
1.05
(2.75
Raw rubber a quoted at 7.15/164. ber 28, 1929,
Forward Settlement Day-Decem
The total output of the Kailan Mining Administration's mines for the week ending. November 1 amount ed to 84,260 tons, and the sales dur- ing the period to 78,702 ton.
The Un-Wisdom Of Delay, with many people delay, even of
a day, to evadusto the body's waste disturbs and distresses the whole system, and to all such Pinkettes, dainty little laxatives, are? the the gentle, non-habit-forming, Burest and best anteguard sleal we
phy.
2nd
Soldiers and Sallors in Uniform Half Price to Stalls and Second Chairs Only. Children Half Price to Afternoon Performances Only.
SEE DARE DEVIL MOSCOVITCH
In His Jump for Life Leaping the Air A Distance of 45 Feet on
a Harley Davidson Motor Cycle. BOOKING AND PLAN AT MOUTRIE'S.
THE COFFEE TASTES.
BETTER WHEN IT IS
CORONA
COFFEE.
This Coffee when properly made will produce a RICH FLAVOURED, AMBER COLOURED · and delicious cup of COFFEE.
Sole Agents:
CONNELL BROS. COMPANY,
David House, Des Voeur Rd C..
Laiet
CONSIDER
The Art of electrical advertising and illumination
in its most beautiful and modem form install
NEON
"The Cold Light"
THE MOST EFFECTIVE AND DIGNIFIED ILLUMINATION.
KNOWN.
then
means giving
Hong
hich.in
CHINA
NLITE CO. LTD.
13