Page

HONG KONG AND SHANGHAI BANKING CORPORATION,

Ademi. Cepital. Imed and Vully Pald-up

10 vo

--- $50,800.006 30,000,000

RB,500,000 0,590,300

Homero · Liability of Proprietor $30,000,001

HEAD OFFICE: HONG KONG.

BOARD OF DINCOTORA:--

J. Plutomer, Esq. Chalimar

Hon. Mr. E. 0, B. Wackle. Deputy Chairman.

▼, H. Bell, F

Hon. Mr. J. J. Paterson

A. H. Compton, E14. T. E. Ferne, Reg.

B. Landur Lawla, Esq. T. 11. II. Shaw, E.

Q. Whkin, East.

AKOT

DANGKOR BATAVIA BOYBAY

CALCUTTA

CANTON,

СПЕРОО

COLOMBO

DAIBEN POOCHOW

DALPUONO

HAMBURG

MARKOW BARBIN

BORGKEW

ILOILO

SPOLE

JOUOER

KOWLOON

7. P. Warren, Yes.

Chiot Manager

. . mayburn, Esq.

BEANCHES:-

KUALA LUMPUR

LONDON

LYONS

MALACCA

MANILA

QUAR' {Jchore)

MURDEN.

NAGASAKI

NEW YORK

PEIPING

TENANG

RANGOON

BAIGON

SAN FRANCISCO

SHANOMAI

NISOAPORE

YOUHADAYA

· SUNGEI PATANI

TIENTSIN

TOKYO

TRINGTAO

YOKOHAMA

Curnal Accounts opened in Local Carey and Fixed Depocita received for one your o akache parlads in Looul Curren and Earling un terade which will be quoted on syylileo Hong Kong, la ̧ April,' 1980.

HONG KONG SAVINGS BANK.

The Busloses at the above Bank ondu edy the HONG KONG AND SHANGHAI BANKING CORPORATION. Bale may b

whiled on plication.

POB THE HONGKONG AND BHANOWD BAPLING CORPORATION.

V. M. GRAYBURN,

Tang Kong, 19th Fuly, 1980,

Chist Manager.

NEDERLANDSCHE HANDEL-

MAATSCHAPPIJ, N.V.

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA, Incorporated by Royal Charter, 1853.

HEAD OFFICE: LONDON. Paid-up Capital

Reserve Fund

prietors

Reserva Llability of Pro-

,£3,000,000

£4,000,000

..£3,000,000

Agcarles and Branches:

KUALA LUMPTO KUCHING

ALON STAR

(Malay Bision)

AVITSAR

BANOROB

MADRAS

BATAVIA DOMBAY

KANILA

MEDAN

CALCUTTA

CANTON

CAWNPOBE

NEW YORK PELING

CEDU

COLOURO DAIREN (Daly

South Hancburia)

DELIO

HALPHONG

HAMBURG

HANKOW

HABDIN

(N. Manchuria)

HÒNG XONG

ILOILO

IPOH

KARADITI

KLANG

KOBE

KIALA KANOBAR

(Perak P.M.9.)

PENANG PESHAWAR BANUCONA

SEMARANG

BAIGON

BERENJAN

SHANGHAI SINGAPORE BOURS BATA. TAIPING (P.M.B.) TAVOY

TIENTSIN TOKYO

TONORAH (Duet) THT NOTAB YOKOHAMA ZAMBOANGA

(Thilippios Islands)

and

General

Foreign Exchange Banking business transacted.

Current Accounts opened and Fix ed Deposits received for 1 year or which will aharter periods at rates be quoted on application.

THE CHINA MAIL.

Commerce and Finance

BRITISH HOLDERS OF of French bonds were deprived of

FRENCH RENTES.

Govt. Note on Question

of Claims.

на

#

J

HONG

Bosst

Breast

Soup

four-fifths of their capital and their income. Hitherto France has Bouf Sirloin refused to admit that there is any Prime Cut legal ground for compensation, and Cornod diamlased the moral claim on the ground that it is impossible to dis- tinguish between French holders of the rentes, whose losses have been as great, and British holders. The claims of these holders, however,

AB the Committee are not on all fours.

holders pointed out ago:-

of Bond- time some

1

Steak

Steak Sirloin

MONDAY, NOVEMBER 24, 1930.

KONG MARKET PRODUCE.

APPROXIMATE RETAIL PRICES.

++

**

Nov. 14, June, June, 1930. 1918. 191.

Cis. Cts. Cua

38

28 30

each 35" 22

par dos

Nov. 14, June, June,

Butcher Meat.

1980, 1018. 1914-

Poultry.

Ctr. Cts. Cle.

4 BR

ib.

30 24 12

Chicken

1b.

80

28

11

Capona, Small

28 12

Capons, Large

Duck

83 24 22

11

Doves

28

20

18

25 20

18

Eura, Hen (cooking)..

25

B0

24 22

Eggs, Han (fresh)

46

80

33

Fowls, Canton

.. Sausages

38

26

20

Fowls, Hainan

H

per ket 15. 10

12

Coco ..

Tongue, fresh

each e

50 60

Pigeons, Canton

Tongue, corned

40

Head

$1.00

-$1,20

Heart

lb. 24

18 14

Komp. Salt ...

20 18

44

Fort

each 10

10 12

F

Kidneys

18

.

Tali

JA

10 25 20 22

12

Liver. Tripa

Bullock's Brains .....

*

#

*

British holders of French rentes Issued in the United Kingdom dur- Ing and Immediately after the War have been a little heartened to learn that a Note has been addressed by the British Government to the French Government on the subject

All steps taken or omitted to be of their claims, says The Times on

The facts of the taken by the French Government to September 28, case are fairly simple, and they control the value of the frane were not the taken or omitted solely in the inter- show that the moral, if

directly or in- therefore either legal, claims are very strong in- esta of the French nation, and deed.

Four French National Defence directly benefited the French bond.

directly in- Calves' Head & Foot loans were placed in London and holders. They were

a total sub-imical to the interests of the Bri-Mutton Chop Dublin, representing scription of about £54,000,000 and tish holders. If the French holders and & par value of £65,000,000. Instead of subscribing to the bonde These loans were lasued at rates of had kept their france in their THE HOTHONG BANK, LTD.exchange varying between 27.501. pockets they would still have, been Pig's Chillings

and 26f. per £, but each succes in the same position "as they are! The British holders (who to-day. sive issue was made at a rate of ex subscribed in sterling) in like case change more favourable to France.

At that time it was suggested would have been five times richer that the loans should have been than they are.

It is surely no answer issued as a sterling obligation of the French Government, but this great nation to make that it cannot suggestion was not adopted partly make compensation, where it is Park Chop because the franc stood in close due, to British holders of French proximity to par and partly be-bonds because native holders might When the Bill abolishing one then contemplated object.

A. H. FERGUSON,

Manager. Hong Kong, 8th January, 1929.

Authorised

(Established 1917.)

CAPITAL:

Issued

Paid-up

Reserve

of Shareholders Surplus

Liabilities

,Straits $20,000,000 8,000,000 4,000,000

4,000,000 2,526,000

HEAD OFFICE:-BINGAPORE. Branches, Agencies and Correspon- dents in the principal cities of the world.

Every description of Banking and Exchange business transacted.

TAN ENG HOOI,

Manager

THE

cause no

Brains

Feel FST

Hend

Heart

for д

Kidneys

Livor

Н

Leg

Lola

......

Ы

#

Fat or Lard

pursue a bud- the old and creating the new fran Sheep's Hond & Fres that France would getary policy which would make was drawn up it included a pro- a heavy depreciation of the franc vision that payments in gold france

denomination- inevitable. To protect the, bonda of the former against depreciation in the market there were in practice no the French Government undertook francs-which were to set aside 60,000,000 franca earlier agreements and contracts (WETHERLANDS TRADING SOCIETY AMERICAN EXPRESS COMPANY, monthly for the purchase of bonds, would not be affected by the fixing of the gold value of the new franc at the lower figure, and in view of the Inter- decisions given by national Court at The Hague the doubtless ba bondholder would Batisfied If the matter

were sub Barbel mitted to arbitration,

BANKERS.

Kablished 1824.

Tiang Long Offce--li, Queen's Road Decis Authorin Capla Guilders 163,009,000- (211.500,009) Pik-Up Capitalulders 80,080,000 (0,689,170) Bore Funduliders 40,018,000 (£3,231,043)

Esal Office—AKSTERDAM” Eastern Bead ofw:-BATAVIA.

RANGE281-Bendjarmasin, Bandowag", Borbay,

INC.

Head Ofice: 65. Broadway, New York

.U.S.$6,000,000. U.S.$1,572,454 U.S.11.908,209

Capital Surplus Reserves

BRANCHES —–

Ameticđam Автор Libros Beste Barila

Glock

Havin

Bamberg

Harre

Госп

Barrike

Intariaten

Bombay

Forvention

Sibolga

Faking Palermo Rotterdam

Droole

Boende Alre

Calovite, Charbon, Dish, Djos• carta", The Hagon", Juddsä. Kobe, Ecto-Radja, Kakumar, Medan, Padang Palembang

Fakalongs

Poiana Bangson,

Bemarang Bbanghel

(Sumatra) Blog pare

Boerakarta (isin)," Togai, Tylizing and Wallereden.

* The chione, karo sala deponis bone to it.

London Bankers 1—Mntional Provincia! Bank Ltd.

Carrependants all over the world

Banking buslarm of every decription transacted.

A. STOLKINK.

Anding Kasse.

Bong Kong, 15th Augual, 1540.

BANQUE DE L'INDO-CHINE.

HEAD OFFICE: 96, Boulevard Haussmann, Paris. Subscribed. Capital Fra. 72,000,000.00 Paid Up Capital ...Fr. 68,400,000.00 Reserve Funds Fr.102,000,000.00

BRANCHES:

Hong Kong Quinhon

Salgon Mengtze Shangha! Nam Dinh Singapore

Bangkok Battambang Huo Catho Canton

Neumes Thanhea

Djibouti Fort-Bayard Papeeto Haiphong Hankow

Hanol

Peking

Tentsin

Tourana

Patt-Posh Vinh Pondicherry Yunnanfu BANKERS:

National

IN FRANCE: Comptoir d'Escompte de Parle; Credit Lyonnais; Banque de Paris et des Pays-Bas; Credit Industriel et Commercial; Bo elete Generals.

IN LONDON: The National Pro- vincial & Union Bank of England, Ltd.; Comptoir National d'Escompte de Faris; Credit Lyonnais.

IN NEW YORK: J. P. Morgan & Co.: French American Banking Cor poration; Guaranty Trust Co. of New York.

Uniro Oulostim

Canda

Dolostbo

Conalepticeple

Copenhagen Edleburgh

Lide

Loodog Liverpool

Tuber

Lagiss

LAYOF

Marselon

Mouse Carlo

Manila

Kuntal

Mart

PELLAYS

Nice Haples Piridos Pezin

Suboul Skangbal Setibampisa Sungspor ..Ht. Morits Tientela Vlaena Vexion Yokohama

Floraños Gearrs

Express of American Branches Company in Principal cities of Unit- od States of America and Canada.

All classes of Commercial Banking

below certain prices. The dangor, however, came not from that quar- ter but from the failure of France to take steps to protect the value of her currency.

The Two Francs. At the time the prospectuses were issued the French franc was a gold standard franc, its English équivalent being about 10d., and business was always transacted on that basis, There is obviously an Implied obligation resting upon all countries to maintain the value of their currency, and bellef In this obligation, which, of course, is gen- erally respected, forms the basis of all monetary contracts. Otherwiast there would be fulfilled assurance with the expectations of the parties thereto.

牛羊仔出

羊猪猪猪猪猪猪猪猪猪猪猪羊 羊羊 牛乳牛中

Ib. 24 18 14 10 6

set $1.20 $1.00 81.00

lb. 86 26

ST

Holhow

Turkeys, Cock Turkeys, Hon

Snipe Pheasant

Quail Partridges

Alm

Fruits.

Apán (Califorala)

Lemons, China...................

....

Pears (Canton)

Peanuts

Persimmons/Large

”י

*

CHÈ NECERABOTAGESER

each 35

ེན ཆངསྠཽ མཐཾ རཏྠིལླིཙྪོ

沙榮

each 25

pair 1.00

each 30

1.00

36

គ គឺ មុឌ គ ន ៖ ឌន | ៩ | | |

ཎྜ ཎྜ ༥ སྐུ ཤཱ ⌘༄༅། | །རྨ་ཚཕྲུ│ |

ដ ទ≡ ៨៨ ៤ នដាំ

20

24

24

24

វុ!

! រ ||

牛仔饮料

羊排骨

Leg

86 26

£16.

00

#

H

Shoulder Saddle

羊手

34 24

,企

20

2

24

羊鞍肉

82

*

nanas (bride's)

燕山街

M

7

80 #7

Carambola

17

Fer set &

1#

Cocoanta

・ each 18

10

Ib. 15 16

28

10

1

lb. 10

80

*

18 20

Lemons (Amerkan)

each 12

8

Bach 15 10

Lichoes, Drip

##

lb.

60

80

18. 10

"

24

1b.

48

Oranges (Canton)

新會品较

12

23

30

Oranges

#

14

28

18

471

#E 生

14

10 12

per set 95

ба

赫 "

8

7

Plantain

*

#

5

#

15

12 .10

45

26

25

Pumela, S

each. 16

12

25

25 22

Walnuts fo

* 桃

b.

20

10

00 20 18

Grapes

#27

60

86 24 28

22 20

20

-28-

Égetables, &c.

82

each 12

Ib. 5

10

14

8

10

B

24

B

JI

Б

6

"

B

18

8

each 30

25

22

18 10

frrots

15. 8

8

28

8

Alery, Chiness

10 10

29

lilies, Dried

辣椒干

80 25 15

30 10

A

Red

18 16 10

"

54 20 80

Green

TP

14

B 12

€5 32 26

10 8

и

25

40 80

"

B

#

19 6

6

20

14

45

8

蠟生

10

Heart

**

Kidney

1

H other arranged in

Liver

Sucking Pigs, to order Bust, Beef

Mutton

Veel

"

Saumges

No. 1

Fish

Bream

Canton Fresh Water

Fish

Gatilab Codfish Craba

Cattle #ish

Bab

Dog Fish

is fortunate both in its Eels, Conger

According and francés. the last report of the

Fresh Water

#

Yellow

SIAMESE FINANCE.Cap

SIR EDWARD COOK'S REPORT.

Slam inance

to

Dace

Financial Adviser (Sir Edward Frogs kikundi. Cook),

spite Garoups the country in lcss of a

favourable season, Gudgeon had

larger A

revenue and Herringe

The French Government, how- ever, allowed inflation after the War to reach such a point as

a emaller expenditure in 1928-29 Halibut to make the resteration of the than had been anticipated, with the Labrus Transactions undertaken.

old parity impossible, and it was

result that the Budget actually Loseb decided in 1928 to create investment

DOW wielded a surplus of 10,525,312 Lobsters Personal

franc with 蠱 sterling or gold ticals (56,847), OT 9,879,849 Mackerel equivalent of 28. Instead of 10d.

handled.

accounts

The Company offers to intending Travellers the use of its "Travelers Cheques" and Letters of Credit and, in addition, the world-wide services of its thoroughly equipped, Travel De partment.

Afiliated with

THE CHASE NATIONAL BANK Resources ..Over $2,500,000,000

E. W. DUGGAN,

Manager.

THE BANK OF CHINA. 行銀國中

Reorganised October 20, 1928, under

special charter of The National Gove

INTERNATIONAL EXCHANGE

Interest allowed on Current Acernment as an counts and Fixed Deposits according to arrangements.

BANK.

Every description of Banking and Subscribed Capital $25,000,000.00 Exchange Business transacted.

Pald-Up Capital ......$24,710,200.00 Reserve Funds

Safe Deposit Boxes to let

Hong Kong, lat

A LECOT,

Manerer

21929

THE YOKOHAMA SPECIE BANK,

LIMITED.

Established 1880;" Capital (fully paid-up), Yen 200,000,000 Yen 118,500,000 Reserve Fund

Head Office-YOKOHAMA, Branches and Agencies at: Alexandria

Nagoya Newchwar New York Qasku

Batavia

Bombay

Baanes Aires

Mempararily closed)

Calcutta

-Cantos

Changchun z

Peking

2

Rangoon

Rio de Janeiro Salgon Dairen (Dziny); Ban Franciscs Fonation (Mukdes) Seattle

Bamburg

Harkow

Hoa Lon

Semarang Bhanchal

Shimanosoki

ingapore.

flowst

Deposits required

be ditalsodan kopifc

..$ 8,820,503.82

HEAD OFFICE: SHANGHAL

HONG KONG BRANCH:-

Queen's Bend Central.

By this action the British helders ticals more than the estimate. The onk Fish

harvest was the smallest for five Mallet

exportable surplus Oysters years, and the

THE BANK OF CANTON, LTD.' Established 1912.

Head Office Hong Kong. Authorised Ospital (HB. Durruary) $11,000,000 Fald-Up Capliat at th

1,000,000

BRANCHES 1-

Gaston, Shanghai, Haskum, "Ewstoms Bangkok, New York sad Ben Frandon

CORRESPONDENTS

LONDON BANKERS-- The Lloyd's Bank, Limited.

In all principal edilen of the World. Forelange and banking busfason of every daripilan unmoted.

Bala Deposit Dom (vazione dom) si a yearly

ments of froin $5 to 8:40.

LOOK POONG SHAN,

Chief Manager Hong Kong, 14th May, 1980.

THE BANK OF TAIWAN, LTD. (TAIWAN CINKO.)

of rice was much lower than in the Parrot Fish previous two years. Very proper Porch

ly the Budget for 1929-30. was Pike

drawn up with due regard to the Place

poor harvest of the preceding year, Pomfret, White, the revenue being estimated at Pomfret, Black much less than ta the exceptional | Prawns year of 1927-23 and half a million Ray

less than in 1928-29; At the timu Rock Fish the report was written the outcome Bosch

of the year was not known, but almon the revenue estimates were likely Shark - to be approximately realized In Skate spite of another poor season, while shrimps the expenditure would be less, Snapper.

For the Solen thanks to economies. current year 1980-31 the revenue fench la estimated at 106,593,135 ticals, Tarbot

22

Artches

Beans prout

#z. 46

16

24

Long

м

29

20

18

Bitt Squash

20

17

**

30 13 16

כן

*

20 16 27 80 12

32 16 17 25 23 21 85 16 27 88 23 16

Beet lot...

Brifs, Green

Red

Cafes, Chinose

(Shanghai).

Shoots, bunch .... t

idower (Large)..

(Medium) #

(Small) 粗梛榮花

奥棨

*#*

*** Curry Stuff, Englisk.... MEHM

24 22 18

ed.

尾肚 水 石过培覿高熊岳森·黄银 淡蓝田石白續將責岛就在芒游年舟山构升 Had a 12UGEEN=0&2AEGSAIA¶ASTAG

MA

湖石蛋吗 设立排尤左

Horseradish, Shanghai

Mandarin. ###

Cocumbers

Garlic

27 18

Ginger. Young'

27

18

Old

46

32

52

62

Indian Corn

81

Lettuce

94

Water Chestnuts

84

Mushrooms, Fresh

28

Okroes

15

Qulona, Bomững

8

T

Green

36

20

Shanghai

上海夜班

36 30

Parsley

80

46

Potato, Sweet

10 14

Japanese

日本仔

金山薯仔

紅蘿蔔仔

5

"8 10 14

13 18

80 22 10

American

Pumpkin

Rudishe di

Rhubarb (Fresh)

28 28

45 80 80

18 6. 10

Shallots

18

10 10

Spinach

35

32 80.

Tomatoes

25

30

28 26

86

28

18

12

1.00

40

22 23

Faros

Turnips, Punt! (Long)

千裡您

Vegetable Marrow #

Water Cress

Water Lily Hook ....

letely expired—with a general review of Beration Siamese finances. His views have within adviser...

and expenditure at 106,534,837 Parties, OLE ticals, leaving the small surplus of 68,798 ticals. There. figures re present increases of 158,189 and HEAD OFFICE:-Talpon, Formosa.266,845 ticals respectively. In compiling these estimates allow Incorporated by Special Imperial

ance has been made for the effect Charter, 1899.

on the country's purchasing power of

an especial value, for he leaves the Financid prices has, country in a much stronger finan

buld be

smoking

tinguis

Th

Jap In se,

trade

affected cial position, that he found it when

as a con he took office. But he warns the

Dank-Hotes imamei trange amount-Yox. $5,000,00 of the two disappointing harvests SB the wahang has. turned Government, that, although the of the fall in tin and the graduated the country, we revenue present financial position is satis

Central Deck in 'Formom. BRANCHES AND AGENCIESI JAPAN Toyo, Yokahaka, Kobe, Osaka,

- Town, Hello,

Qa

Owing to our numerosa branches PORNOSA breg Karenka, Kalang. restriction of opium smoking.

kong Nazio, Chlachia Tales Talaga, the other hand, the State is begin affered a sathack ortunate factory, there are certain elements

the fruit of its price and guarded against The Times. UNIX Abanghal amboy Amey Foosbow, ning to feel the benefit of the country is it prtion to of weakness which have to be

Bator storaire, Saibar,gradual opening up of the North-1

and large-connections

important commercial centres of the

world, we are able to extend to our clients special facilities for domestic. and foreign banking and exchanges.

H

*London, Kew Yorke, Bairro.

Tamara ears We also handle the izene: of Borida The London County Watzloster, and Pitt's Bank improved communicatión de Government has bu

and other Public Funds of the Chin

· LONDON,BANERES +

which has enabled the inhabitanturge debt redemption fun

•The Bank has Consepondents fa all the principet to find a wider market for the total of which exceeds, £4,0

ése Government both at home and Cennental Certem: Fhroughout the world.-- abroad.

SHOU J. CHEN,

KAManager, HONG KONG BRANCH Hong Kong, 5th March, 1930, 5

- Des: Varut Bond Cantril Hong Kong, 175K Tomasry, TIME

"Manager.

THE BANK OF EAST ASIA, LTD.

Total

Established 1918.

HEAD OFFICE: Des Voeur Road, Central

HONG TONG

over H 8,000,000.0

over H-$80,000,000.00 and Exchange business

local and for.

produce. Cultivation has efderably extended."

and out of this fund the G

a

CHINA LIGHT AND POWER. The Board of Directors of

99

12 || 199939------ * - | | | - • •

15

15

1

8

SPEEDIER MAILS.

'PLANES TO BE CATAPULTED

FROM DECKS OF LINERS.

BIG US. PROJECT.

New York, Saturday

In an effort to establish a thi.

and New York, the United Sta day mail service between th

Lines had submitted plans to f Navy Department for two 50,000-ton Uners, equipped wi the to be launched from them so

catapults, to enable mail, plan

ment will be able to repay the China Light and-Fower Co. (1918), 600 to 1,000 miles at sea... Best or interest bearing loans at Ltd., have resolved to recommend now linera are expected to

earliest option date of repaym at the annual meeting of the Com-speedier than the Europa or 1 Oplum Restrictions.

Megaps After the repayment of the Beany to be held on December 15, Bremen (now holding the Ath. The report explains the trict per cent Loan in 1981-82 davidend in respect of the tie blue riband) and will e which are being taken to the Six per cent Loan two year ncial year ended September 80; about £6,000,000 each. oplum smoking, which batamese fater, the amount of the National of 50 cents per share on the

It is reported that the Nor portant bearing upon Gov- But will be only £5,830,892, or less Bhares, GA cents per share German Lloyd Line, which 1980-issue shares allotted on operating a ship-to-shore m finance. The policy of this than even months revenue. The ernment is now to

formerly very import source of country's foreign exchange hold a 7, 1980, and proportion service, intends mext Spring | Nevartus as a wind Ten years gs should be fully adequate to bunts on the 1980-isane cut. 24 hours in the same w pro oplom yielded Auarter of the meet any call upon them, and the Fallotted subsequent to from the present mall schedu

total nationalbue, now the revende contains a margin in the proportion has inte 10 per cent shape of various appropriations for It wo

runk more but for capital expenditure, debt res

1980,

Reuter's American, Service,

It is hoped to demption, and other items which Comp, val Light and PowerThe Saskatchewan, Wheat

comforable shock vide and to ration ad should prove

which the Cover-absorber, in case of nee

Biam, badly needs a more pro- agriculture, espe depen

has country elevators in 1929 had w gun-atorage capacity, alm 18 times A. Parastas in 1925, according

Burland, de Agures compiled

the Banksto

In 1981 wen Co.opera artons to Limited." Country elevators

$440,000 Province had Kidapa ure, ac000 bushels, in 1925 and

binida In 192

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