2
HONG KONG AND SHANGHAI
BANKING CORPORATION...
Authorised Caplist o
600,000,000
Issued and Pully Pald-up $10,000,000
ästerte Funda zem
ring
Bülər
,000,000 ||16,000 DON
Besarva Liability of Proprisions ..... $20,000,000
BEAD OFFICE: HONG KONG.
BOARD OF DIRECTORS:-w
W. H. Bali, Bag,
Chairman
1. A. Phumor. Eat. Deputy Chairman.
B. D. P. Balth, Hag.
a. H. Compton, Esq.
i. T. Jakuzon, Esq.
B. Lander Lewin. Eng.
AMOT
BANGKOK
BATAVIA
OUMBAY
CALCUTTA
JANTON
HELPOO
HOLOMBO
NANITO
KOODING W
HAIPHONG
HAMBURO
W. 1. Paitandam, Maq,
T. B. Pears, Pag.
T. 11. R. Sław, Kaq,
3. P. Warren, Esq.
China Madagat.
flos. Mr. A. C. llysan.
BRANCHES ---
LONDON I.YONB MALACCA MANILA
MOUKDRY
NAGASAKI
NEW YORK
PEPING
PENAND
IANDOON
BAKON
NAN FRANCISCO
MANKOW
KUANGHAL
BARBIN
„LINGAPORE
JONUKAW
SURABAYA
1201
SUNCKI PATANI TERNTHIN
JUBUBE
TOKYO
LODY
TANGTAO
KOWLOON
CALA LUMPUR
YOKOHAMA
Current Account opmond in Local Garmacy sad Pid Deposite received for cae your Di andler parrote in Local Cuneuty and Sterling term which will be quoted on apploati IN AA, 231: Tetrai, liều
HONG KONG SAVINGS BANK,
The Banizes of the above Back Le condues.
4 by HONG KONG AND BHANGHAI BANKING CORPORATION,
abtalond as syplication.
Bules may be
FOR THE ANG XOND & SHANGHAI BANKING CORPORATION.
A. HINKS,
Chief Manager.
Hong Kong, tch Reptember 1921.
NEDERLANDSCHE HANDEL - MAATSCHAPPIJ, N.V.
(NETHERLANDS TRADING SOMETI)
DANKERS.
Established 1824.
Hong Kong Oslon:- Queen's Road Contrai.
Authorised Captial
d-Up Capital
Kontre Fund
........................
..............
Gulider 180,000,000-
LE 11,800,000.) Buth 80,000,000
(28,658.967.)
Riders 40,000,000
(20,683,523.)
Lead -MSTERDAM"). Lastar load Dios :-DATAVIA,
ARANCHES:-Badjenula Bandong"), Boubay,
Calzata, Überizon. D'aming, Djok- Jakarta') The Lagos"), Jeddah, Kobe,
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.
Tacorporated by Royal Charter, 1853. HEAD OFFICE: LONDON. Pald-up Capital
.£3,000,000
Reserve Fund
£1,000,000
Reserve Liability of Proprie
tora
.£3,000,000
Agencies and Branches:
ALOR STAN
KUALA LUMPUR
(Malay Niton)
KUCHING
АМПИТЕЛЯ
MADRAN
BANGKOK-
HATAVIA
BONDAY
MALOUTTA
CANTON
DAWNTOBE
CLAU
COLOMBO DAIREN (Daley
Routh Manchuria) DELHI
HAIFUONG
HAMBURG
HANKOW
ЦАЙВЕН
(V. Menchuria)
HỒNG YONG
12004
IPOLI
КАЗАСНА
BLAND
KOBE
KUALA BANDRAI
Park (2.3.19.)
MANILA
MEDAN
NEW YORK
PEKING
PENANO
PERHAWAN BANDOON SAIOON
BENARANO HEREMBAN SHANGHAI SINGAPORE BOURADAYA TAIPINO
TAVOY
TIENTSIN
TOKYO
TONOKAH (Blanket)
TNINOTAD
YOKOHAMA ZAMBOANGA
NEW HOTEL FOR
VANCOUVER
THE CHINA MAIL,
COMMERCE
AND
-FINANCE.
LONDON BULLION
MARKET
MAGNIFICENT BUILDING FOR MESSRS. SAMUEL MONTAGU &
CANADA
COST G.$8,000,000
The final profile design for the $8,000,000 Canadian National Hotel has been approved by the Van- couver City Council and disclosos that the structure being erected on General Burrard and Georgia Streets is to be
(Philipplas islanda)
and
Foreign Exchange Banking business transacted.
CO.'S REPORT
GOLD RESERVE
The Bank of England gold reserve against notes amounted to £129,120,543 on October 2 (as compared with £131,987,837 on the previous Wednes- day), and represents a decrease of £24,785,772 since the 29th April 1925
17 storeys in height. That the build-when an effective gold standard was
resumed. be a decided addition to
Current Accounts opened and Fixing will ed Deposits received for 1 year or Vancouver's rapidly advancing sky- shorter periods at rates which will line is indicated in the announco- be quoted on application.
ment that the beautiful French ro- naissance style of architecture is to be adopted.
A. H. FERGUSON,"
Manager. Hong Kong, 8th January, 1929.
THE HO HONG BANK, LTD. (Established 1917.)
CAPITAL.
Authorised Issued Paid-up
Reserve Liabilities
Shareholders Surplas
The prole plans, embodying an additional sixty-four feet to the ori ginal 200 feet of the structure and certain changes in floor and room ar rangements were brought to Vancou ver by Mr. John S. Archibald, Rail- ways architect. Revision has taken place in the hotel plans almost con- stantly since the project was first $20,000,000 considered, but Mr. Archibald con- 8,000,000 siders that future changes will only 4,000,000 be in minor detall.
The profile, it is stated, will remain 4,000,000 unchanged. Addition of two storeys, 2,219,000 making the hotel seventeen instead of afteen storeys high, as originally planned, and the addition of a sixty- four feet sloping chatenu roof were approved.
HEAD OFFICES:-SINGAPORE.
Branches, Agencies and Correspon dents in the principal cities of the world.
Every description of Banking and Exchange business transacted.
TAN ENG HOOI,
Manager. Hong Kong, 15th May, 1929.
THE BANK OF TAIWAN, LTD.
(TAIWAN GINKO)
HEAD OFFICE:--Taipeh, Formosa. Incorporated by Special Imperial
Charter, 1899.
Central Bank in Formos. Bank-Note und Avenge amount Yes. 18,000,000 BRANCHES AND AUENCIES: JAPAN=10870, Yokohama, Kobe, Osaka,
PORKOSA:-Olen agi
Kestung,
Karoke alo, bhlachiku, Takat, Talan, Tamani, Toan, Hello, Ta DHIINA :—Shanghai, Hauhow, Amor. Foochew.
Hwatow, Canton
OTHER:ong Kong. Singers,
Bemarang Datavia, Bombay, London, New York, Dalan.
LONDON DAVEENSA
Boarabaya,
Calcutta,
Solarkads, Malsaar, Modas. Fudang The London County Wasilar and Parr's Bank. Talambang, Pekalong Pontianak goon, Botterdam”),
Scarabe
The Bank has Correspondante in all the prla-
K. NAQUEL
Barbarang) Bhanghal, Bolaipal Commercial Centre throughout the world. Sea Blagaporn.
(Sola Ters, Tilabad and Wallsvredsa.')
* Thaen offione bare safe deposit borse to le
Landon Etankers:—National Provinsial Demak 144.
Forodects all over the world
Banking businnan så avsty description transacked.
P. M. ELBERG
Long Kuor. Tith Muz, 1929.
Manager.
BANQUE DE L'INDO - CHINE.
HEAD OFFICE:
96, Boulevard Haussman, Paris,
Subscribed Capital Frs. 12,000,000,00 Paid-Up Capital ...Fra. 68,400,000.00 Rotarve Funds ....Fra.102,000,000.00
BRANCHES: Bangkok Hong Kong Quinhon
Šaigox Battambang Hac
Shanghai
Thacher
Cantho
Canton
Djibouti
Halphong
Hankow
Hanoi
Mengtzo Nam-Dinh Singapore
Neumea
Peking
Fort-Bayard Papeete Tientsin
Тоителе
Prom Penh Vinh
Pondicherry Yunnanfu BANKERS:
IN FRANCE: Comptoir National
d'Escompte de Paris; Credit Lyonnais;]
HONG KONG BRANCH:
52 Voux Road Casinal. Hong Kong, 19th January, 1929.
Manager.
THE BANK OF CANTON, LTD.
Established 1912.
Hend Once-Hong Kong.
Authocleod Capital (H.E. Qurrency} ......$11,000,000 Pald Up Capital Res Fond
BRANCHES — Canton, Shanghai, Hankow, Asemite, Bangkok, New York and San Franmana
LONDON BANKKBS |-
World.
The building will be a series of pyramidical setbacks, culminating in the sloping roof which will be the equivalent of hetween two and thres additional storeys. The pitch of the roof brings the structure into con- formity with the genuine French re- naissance style of architecture.
8,504, 200 850,000
IN
The Lloyd's Baris Limited, Correspondente in all principal cities of the Folgu uxchange and banking business of every description "transactel.
Bala Deporis Bozma (various slasa) ak a posily rental of "from to $40,
LOOK POONG SHAN,
Chief Manager. Hong Kong, 10th February, 1927.
THE BANK OF CHINA. 行銀國中
(Specially Authorised by Presidential
Banque de Faris et des Pays-Bas; Mandate of the Republic of China
Credit Industrial et Commercial; So eleto Gonorale.
on, the 22nd of November, 1917.) ·
....$50,000,000.00 18,278,600,00 0,629,425.24
IN LONDON: The National Pro-Authorised Capital vincial & Union Bank of England, Paid-up Capital Ltd: Comptoir National d'Escompte Reserve Fand de Parla; Credit Lyonnais.
IN NEW YORK: J. P. Morgan & Co.; French American Banking Car- poration; Guaranty Trust Co. of New York,
Interest allowed on Current Ac-
counts and Fixed posits according to arrangements.
Every description of Banking and Exchange Business transacted.
Safe Deposit Boxes to let
A LECOT,
Manager.
Hong Kong, 1st May, 1929.
THE YOKOHAMA SPECIE BANK, LIMITED.
Established 1880,
Capital (fully paid-up) Yen 100,000,000 Reserve Fund .Yen 108,500,000
Head Of YOKOHAMA,
Branches and Agencies at:
· Alexandria
Batavia Bombay
Buenos Ayres.
(Temporarily closed).
Calcutta
Canton
Dairsa (Dalny)
Nagoya Newchwang
Now York
Osaka Paking Rangoon
Rio de Janeiro Baigon
Fengden (Mukien) Beattle.
Hamburg
HARKOW Karbing
Honolulu
Ban Francisco
Semarang Shanghai Ghimopoli Hingapore Boerabaya Bydney
Kirschl Moberly
anfu
Angeles
FIEAD OFFICE: PEKING.
1
HONG KONG BRANCH: 4, Queen's Road Central
General Enoch H. Crowder, war timo draft law administrator and subse quently United States Ambassador to Cuba, who, according testimony given before the Seante Labby Com nilttee, by Herbert S. Lakin, President of the Cuba company, had received “A small stipend from Bime Cuban mills” to act as a go-between with the best sugar producers in America.
LOCAL SHARES
Benjamin and Potts' Weekly Report
Messrs. Benjamin and Potts, local share and general brokers, in their weekly share report dated yesterday
stato:-
Business on our local market has
About £816,000 of bar gold from South Africa was offered in the open market. Owing to the more favour- able tendency ot the exchanges
towards sterling following the rise in the Bank Rate there was little com- petition; the gold was disposed of at 845/10.1/24 por fine ounce, the Bank of England securing 2880,000. Of the
Home trade remainder the
took £50,000, the Continental trade £70,000 and India £30,000.
The following movements of gold to and from the Bank of England have been announced showing a net influx £1,013,205 ring the week under review:-
October 3
Recolved Withdrawn
3,004 1,004,047
£12,000
13,736
2,000
25,800
650,600*
Included in the amount received on the 4th instant is £1,000,000 in sovereigns from Australia.
The following Were the United Kingdom Imports and exports of gold registered from midday on Septem- ber 30 to midday on October 7:-
Imports
British West Africa ...£ 27,707 British South Africa .. 809,491
Austria
France
1,000,000
3,307
£1,838,605
Exports
Germany
£ 61.320
France
2,698,197
Switzerland
42,010
Egypt
54,776
British India
40,670
Other countries
10,085
£2,007,598
Silver
The silver market has been rather quiet but the tendency has continued weak. The moderate amounts offer- ed served further to depress prices, a still lower level being reached on the 8th instant when prices were quoted at 22.15/16d. for cash and 23.1/16d. for two months' delivery respectively. Selling has again been general, both the Indian Bazaars and China being disposed to offer silver, whilst America has been willing to sell on most after- noons. Apart from bear covering there has been little support and there are no present indications of any im- provement in the demand.
The following were the United Kingdom imports and exports of silver registered from midday on September 30 to midday on October 7:-
Norway U.S.A. France
LIFE INSURANCE
Popular In Spite Of Depression
Despite the general depression, the number of policy holders as well as the insured amount with life insurance companies throughout Japan tends to increase, says the "Osake Mainicht," The number of polley holders of the leading 42 life Insurance companies totalled 6,179,000, and the inanred amount Y.1,144,410,000, according to the
investigations as on August 81. The net increase in the number of policy holders during August was 23,000, and that in Insured amount Y.61,399,000.
The conditions at the end of August are shown in the following table: Kinds of
Insured
insurance Policy Holders amount againet
Imports
.£ 42,855
10,424
26,272
Irish Free State
26,000
Mexico
186.010
British West Africa
21,950
New Zealand
10,000
Canada
10,042
Other countries
6,699
£338,252
Exports
Life Age
Germany....
£28,827
Conscription
Irish Free State Egypt
12,749
30,770
80,971
The
9,770
£156,090
British India Other countries
(Unit Y.1.000) 4,954,000 6,407,619
230,000 146,899 592,000
549.923
Total 6.170,000 7,144,442
premium
received during August totalled Y.25,427,000, which was, an increase of Y.3,063,000 over the same month of last year, the payment of insured amount totalled Y,0,705,000, also an increase of Y.389,000. However, the policies can- celled totalled Y.2,380,000, which was same month of last year.
been fairly active since the date of THE NATIONAL CITY BANK OF Home Y,568,000 less than those in the our last report and most stocks can
The Equitable Trust Company of covered son.hey have, however, ro-
Branches and Sub-branches all over China and Correspondents in Europe, be placed at quotations. America and other parts of the world. Banks, in sympathy with the drop in Banks-Hong Kong and Shanghai London Bankers:-Tha National Provincial and Union Bank of Eng- the Loadon price to 2125 (Middle) land, Ltd.
have eased somewhat and were book The Guaranty Trust Company of ed at $1,325 and $1,830. New York.
Marine and Fire Insurances. Now York Bankoras-The Irving Unions further declined and were sold National Bank,
at. $350.
at the close and New York.
buyers are now offering at $350, with Interest allowed on Current Ac- salos at $360. China Underwriters have Auctuated between 32.05 and counts and Fixed Deposits. Terms on $2.10. Hong Kong Fires have re- application.
Every description of Banking Busi-lapsed to a nominal quotation of mained steady at $815, Cantons have ness transacted
Loans granted on approved secur 3005. ities.
Shipping-Hong Kong, Canton and Special facilities for Home Ex at $25 to $26. Douglas Steamships Macao Steamboats were realised again change.
SHOU J. CHEN,
are wanted at $25. Preferred Indos continue in request at $40. boats are unchanged."
Water-
Manager
THE MERCANTILE BANK
INDIA, LTD.
OF
-HEAD OFFICE:
2, Gracechurch Bee, London, E. 0%
Authorised Capital
.£3,000,000.
Pold-up Capital ................... Reserve Fund and Rest 1,812,047
· BANERES,
Docks, Wharves.,and, Godowns, Kowloon Wharves were negotiated at $146. A fair quantity of China Pro vidents were taken off the market at $5.10 to $54. Whampoa Docks can be placed at. $32%, Shanghal Docks have fallen away to. Tla 34 Hong ket Wharves at Tix. 190 and Now
at Tis. 7% are nominal
Subscribed Capital 1,300,000 inde, Hotels and Building Hong Kong and Shanghat Hotels had a set back in the early part of the weak and were sold down to $9.90, but have since strengthened and transactions | are įrepürted gjat
up to
The Bank of England & Midland Bank, LAL BLANCKER 1
Hair Tork Penang
NEW YORK
CANNED CRAB
The Manager of the National City Rank of New York, Hong Kong, in- forma us that rumours emanating from Russian newspapers published
Soviet Russia has placed an addi- in Riga on November 6 last and re- published in Harbin newspapers have tional order for manufacturing of fed to a run upon their Branch in 85,000 cases of cans for food staffs that City.
with the. Japan Can Manufacturing In this connection the following Co. through the Mitaal Bussan Kai- telegram has been received from New aha, in order to meet the expansion York:-
plan of its canned crab Industry. An order placed previously by Eus 1 sia with the Japan Can Manufactur ing Company was for 250,000 casts, so the total will be 305,000.
Soviet Russle, which dispatched
canneries next
re
"All unfavourable rumours garding the National City Bank of New York are wholly without foun- dation. The National City Bank
of New York was never in a strong-feur floating canneries this year, will
er or a more liquid position than
now. During the recent strain ori
dispatch seven more
the financial structure the bank was year, in accordance with the indus- always over 50 per cent. liquid, ty policy newly mapped out. and was in a position to rander firent assistance to the business community. The National · City: Bank of New York as a member of the Federated Reserve System Is subject to inspection. There has been no such check up by author.
York 11 to the standing of Na. It is clear from the last paragraph that there can be no question in New tional City Bank of New York.
[
How To Enjoy 1,095
Meals A Year
Wise people eat no more then three meals a day. To really en- Joy every meal throughout the
'
year all that is decessary is healthy digestion, a chief factor of which is daily elimination from the system of the body's waste. Park Lain (Macalliam) $11% Hong Kong Lands are enquire to a cominal quotation of $20% If you do not enjoy your food' ed for, at folke Deals, were made Watsons are on offer at $13 Amuse most probably defective liver or in Humphreys Estate at 14347.400 ments have receded to $28%. Lana Intestinal action is the cause, and | Renitys have changed ha Finds At 33, Crawfords, are roḥtainable at $1.95.
and more cat be placed at this Hong Kong Ropes, soek bayers at 8. Pinkettes, the gentle little laxa Aguro de patru o sedin Freeman Benguets can be placed at $4.70, tive liver regulators, are the re- Public Uilities Hong Kong, Elec Kallans have advanced to 68/-medy, you need. Just try them trica were dealt in, at 166. Hong Cotton Mill-Ewős were taken off Kong Trams closed the turn lower at the market at: the outset at Time: 14.35 to-night two at hed-time, with 118%. Penk Trams are salsable to which figure, sales were and see what a fine appetite you
to 217 18, bat have since receded to half a tumbler of filtered water 311% Chink Lights,are enquired for At: 316 14: Telephones are wanted at made and there are farther buyers will have for breakfast in the Shanghal Cottons (Old) are enquir morning! Chemists everywhere Forward Bettlement Day-Dicen sell Pinkettie, price 60 cents the
CHOA" - Kodu - Bara al Bages Čalombo Kala Keni Shanghai DIM Kuala Lipia Blends
·Honda Extirpod - 2 Blu papërs Hong Kong Kranten (Falsena), Bourabaya - :
HOÀN TONG H
· Erney - Amazighion of Berking
Combined) are in demand 1280,5 Dairy Farman Chave
bed 28-19295
Val
TIMITAR
SATURDAY, DECEMBER 7, 1929.
TOYS!
YOU are invited to call
and inspect the finest
display of British and
Continental toys in the
Colony,
Lane Crawforoffe
TALES
on our
Mezzanine Floor
SZERELMEY
STONE LIQUID
The Reliable Remedy for Damp Walls and
Decay
Stone
THE EXTERIOR OF THE
PENINSULA HOTEL
was Entirely Conted with this liquid
P
IT PREVENTS PENETRATION BY DRIVING RAIN
Stocks Carried.
REISS, MASSEY & CO. LTD.
Sola Agents for
Hong Kong & South China.
Protect your Child
Any moment your child may be infected at school,
or in the street, by Hittle playmates.
Give her a Formimint tablet, morning and evening,
That will protect her against
Tensilitia, Whooping Cough,
Sore Throat, Influenza,
Measles and Diphtheria.
FORMAMINT