HONGKONG AND SHANGHAI THE BANK OF EAST
BANKING CORPORATION,
* HEAD OFFICE. HONGTONE
Authorised Chi«! ***..............$50,000 Issued and Fully Paid up...$20,000,000 Reserve Fund.
Sterling....£4, 590,000.
Sliter......$36,500,000
Beserve Liability of
Proprietors
$20,000,000
COURT OF DIRECTORS; G.M. Tong, Esq. Chairman outing H.P.-White, Esq. Deputy Chairman.
W. H. Bell, Kas, Hon Mr. A. O. Lang
G.M. Barnard Esq, W. Le Pattenden, Angi
ASIA LIMITED.
ESAD OFFICE: HONGKONGAY.
18, Dan Vaste Road Central, Hongkong:
Authorized Capitali Paid-up Capital), Heserve: Pundi ve ka
..$10,000,000
*** 5,000,000"
2,000,000
Hon. Sir Shou-gon Chow Chai
Fung Ping Shan Li Koon. Chun PEKwok
Mok Ching Kong
Wong Yun, Tong": Huyah Tafa
Po Ng Ching Lak Kan Yin Pong Wa Ting Chan Ching Bhak----- Every description of Banking and
A.. H. Compien, Eq.J. A. Flummer; Boxbange business transacted Loans Mon. Mr.PH.Holyoak T. G. Wand,, Zagr
CHIES MANAGER!..
F
A. H. BARLOW, Had
Manager: Shanghai-G. EL. STITT, Esq.
LONDON BANKERS.
Westminster Bank, Ltd.
CURRENT ACCOUNTS opened in LOCAL CURRENCY and FIXED
granted on approved securities..
SAFE DEPOSIT BOXES to let.
KAN TONG PO,
Chiat Manasti
Hongkong 18th February, 1985.
行銀商工法中
DEPOSITS received for one year or BANQUE FRANCO-CHINOISE
shorter periode in Local Currency and Sterling on terms which will be quoted re application.
Hongkong, 20th, May 1935.
HONGKONG SAVINGS BANK. Ta boslusas of the above Bank: le conducted by the HONGKONG "AND SHANGHAI BANKING COBA PORATION. Bales may be obtained on application..
INTEREST on deposita la calcalated on the lower balance during, säch com- plated Calendar Month at 3 per cent per annum. Should there be no balance on ay day in a month no interest will be allowed for that month,
Depoaltors may transfer at their ptian Balence of $100 or more to the HONGKONG & SHANGHAI BANK to be pisood on FIXED DEPOSIT at DURRENT RATES,, ..
For the HorexoNG: BULANOLIAI
BANKING CORTORAZION),
A. EL BARLOW,
Chief Manager.
Hongkong. 7th January 1925.
BANQUE DE L'INDO-CHINE.
HEAD OFFICE::
16, Boulevard Haussman, Paris.
abscribed Capital Frs. 72,000,00000
pour la
¡Commerce et L'Industria (Incorporated in France).
5. Chater Boad, Victoria, Hongkong. HEAD OFFICE: 74, Eas Bt. Lazare, Paris.
Capitalunyana
Reserves re
Fr20,000,000,-**
F11-150,000
Special Working Ospital... Fru 50.000.000,-
३।
BRANCHES
<
Park
Lyone
Baixon
Halphong
Poking Canton.
Shanghal
Hongkong...
BANKERS:
Tientela
FRANCE Soolete Generale Banque Nationale de Credit, Banque de Paris: et, dea. Pays Bas. LONDON: Midland Bank Lid.
Trust Co..
+
な
Every description of Banking and Exchange Business Transacted Corre- spondents, throughout the world.
A. ROLLIN
Manager..
BROKING SYSTEM
JUDGE AND HONGKONG SPECULATION.
"LAMMERTS' AFFAIRS.
When Mr. G. P. Lammert was giving evidence of how brokers when their commitments were heavy, "set them off for covering purposes," His. Lordship remark- edit seems to me very much like a bookmaker's business."
Regarding the failure of clients of the debtor firm to meet their commitments, Mr. G. P. Lammert said he did not press them over- duly. He gave every man a chance of paying. It was no use "sending a man to the wall" and impairing his capacity of paying back Anally. One could not get blood out of a stone.
CHINA MAIL
the New
er with.
ritories:
had attempt
Unformed him the
land had been held too long for sell
at the
ything to add
of the man Brem
ad bean
the causes of its
London from the; reenh ažysis of
of an automate tide-recording machine.
Pollise Ban Tuk Tukua Skm.
February 5 to 11, 1926
·LOW WATHE,
that purpose and they were going credit balance of $188,000
into to resumenat a price something had been converted
Lammert said that if there like $8,500. It had been bought deficiency of over $1,000,000, in had been no boycott the firm for $5,000 In addition, witness fact, the revised deficiency was would have been carrying on to- The methods of stockbroking in | had money in the bank, about now $1,500,0001
day I more assistance had Tani during the yoRTE: 1808-9. Hongkong came up at the Bank-$35,000, and $7,000 worth of Mt. Larmert pointed out been given for lenders, and inter-
The zero of the table corresponda with ruptcy Court on Saturday when shares in London. His local share that many of his clients had mediaries It would have made a thero of the sounding in the Ade 14 |miralty Chart which his boas found to Messrs. G. P. and H. A. Lammertholdings amounted to an insigni- refused the fint rate. It was not difference be
2) be4feet: 3-incham baliw mann sea level. were being publicly examined.
ficant amount, javl
The public examination hayingTo obtain the depth of water' on the obligatory on a sellar Hongkong Speculation.
With regard to the collection of been closed, the Official Receiver I ude gauge at the Victoria Naval Yard The bulk of the dealings of the book debts the Official Receiver remarked that a scheme of com- add a feed & mahes, and on the gangs at debtor firm was brokering, about commented on the fact that Mr. position had been put before the Lamont Dock Aberdeen, add: 10 fevi 90 per cent., added witness under Lammert's "carrying was only by creditors. The proposal was that hoes on the haght, given in the table further. examination. Local verbal contract and as many such the debtor should be given time to brokering; however, involved a were being contested it made the pay a dividend of 25 per cent, in certain amount of "carrying" for task of collecting money even two years on the personal security clients. It really amounted to more difficult.
of the firm. It had been approved advancing money on their shares.. Mr. Lammert caused some by one meeting of creditors and There was a lot of that done in amusement when he remarked would come up for consideration in Hongkong.
that some of his clients had "very due course, His Lordship: Because there le elastic memories, also when he lot of speculation in Hongkong used the term "professional car Mr. Lammert: Yes, I am sorry riers" in respect of people who to say.
"offered facilities to get interest" Examined with regard to the at the time of the Jane gettle manner of this "carrying," Mrment. Lammert.said that he would go to
Mr. H. A. Lammert. another firm as an agent, not as
Mr. H A Lammert was also principal. The clienta name would not be divulged and he (the examined, but shortly. He was agent) would be held responsible, asked if he agreed with the evid He was responsible to either ence given in the course of the party This had not been the At another point His Lordship practice in former years when commented: In its results it exchange brokering notes were amounted to this, that by carry-used, and the names of principals ing your clients you condon- and clients divulged.
Later, It. led. their speculations. If became the custom for principals the market had held good you to sign and now it had changed so would have come out all right. If that they were entirely respon not, you went down.
sible.
The Official Receiver: You were in fact, too. kind hearted and your leniency now recoils on your creditore to-day.
His Lordship. In fact, you incurred the responsibilities of your clients speculations.
Mr. Lammert: If you work it backwards, it comes to that but one has to bear in mind that my
a
With regard to witness's earn-- ings from brokering in 1924, figures were produced show-
NEW YORK. Irving: Bank Columb clients were probably dealing with ing that they were $138,000. two, three or even four, brokers. The business had been carried
His Lordship: It seeme to me on fairly successfully until up to Beef Sirloin rather a remarkable business. All and including the settlement of I can say is that I am glad I am May last. A balance sheet was not a broker.
produced showing that, having ar ranged everything, at that settle-. ment, there was still a balance of $188,000 at the bank in favour of the firm.
"..
Hongkong, 1st December, 1825.
Paid Up Capital F48. 38,400,000.00 THE CHARTERED BANK OF EMarrs Fund ....... Frs. 60,687283.54 INDIA, AUSTRALIA & CHINA
Bangkok
Battambang Craton
"Dijbout
Fort Bayard
Haiphong Haukow..
BRANCHES:
Fanol
Mergize:
Noumen.
Pondicherry Hongkong Balgon Sarah Hingepers
Papoote
Peking From Punt
BANKERS:
Tientzia.
Toamna Yeżnanf
IN FRANCE Comptoir Nationat d'Escompte da, nel Credit Lyonnais; Banque de Paris et
de Fayn-B Credit Industriel et.Commercial Haciete Generals
IN LONDON: The National Provincial & Union Bank of England, Lid; Comptoir National Escompte de Paris; Credit Lyonnai
IN NEW YORK: J. P. Morgan & Co.; French American Binking Corporation Guspanty Tract Go, of New York.
laterost allowed on Current Accounts and Fixo Deposits asensing to arrangement.
Every description of Banking and Exchange Brains, transcod
A. LECOT,
Manager. Hongkong, 11th December, 1925
NEDERLANDSCHE HANDEL MAATSCHAPPIJ..
(NETHERLANDS: TRADING: SOCIETY.}}
J
BetaBlinded 1834, KONGKONG: BRamon Berantaran 1908,
Authorized Capital G. 150,000,000* £13;500,00||
Pald-Up Capital...G. 30,000,000 $8,660,64 BTS Fund....G, 20,836,867 1,711,40 Spacial Reserves...G 22,600,000 £1,888,310 HEAD OFFICE:-Amsterdam, EASTERN HEAD OFFICE:-Batavia. BRANCHES:--
Bombay Bandowng Qheribon Djember The Hague Kobe Macar Medan.
Palembang Pecalongan- Pontianak Bangoon Samarang Shanghai: Sorabai Serakarta (Bole, Tillathy Weltevreden
Bandermal Dalzatis
Djokjakarta. Fota Badia
Padang. PRADŽ
Bulterdam Singapore Tigal
"
LONDON BANKERS:--- National Provincial Bank, Ltd Correspondents all over the world. BANKING BUSINESS OF EVERT
"DESCRIPTION,
K. J. HERBSCELLER,
Agent Hongkong, November 4, 1924,
THE
YOKOHAMA SPECIE BANK, LTD.
Established 1880.
Capital" (full paid-up). Yen 100,000,000
|
INCORPORATED BY ROYAL CHARTER, 1853.
HEAD OFFICE: LONDON..
Paid-up Capital ... .£8,000,000. Reserve Fund
24,000,000 Reserve. Liability of Pro-
prietors..n ....£3,000,000
FOREIGN EXCHANGE and, General Banking business transacted.
...
Public Examination. The full examination was as follows:-
Mr. G. P Lammert said he was 68 years of age and was born
Questioned with regard to cer- tain margins, however, Mr.
in Hongkong. He started busi-Lammert admitted that it was ness here in 1890 as an auctioneer obvious that they would disappear under his own name, his father automatically if there was any also having been in the firm set back in the market. Ques- There was $5,000 put into the tioned with regard to certain book business. The firm carried on debts. Mr. Lammert said that they until 1920 It was in 1914 that represented clean differences as the firm began to deal, to a small distinct from rying" extent, in shares although witness prospects of very of such was not then a member of the debts always depended on the Exchange.
market remaining good.
The
On January 1, 1917, witness His Lordship. It seems to me CURRENT ACCOUNTS opened and joined Mr. Worcester in broker-that if the bottom dropped out of FIXED DEPOSITS received for 1 yearing in the firm name of Worcester the market your liabilities re- On January 1 ofmained and your assets. disappear- or shorter period at rates which will be and Lammert. quoted on application.
the following year, Mr. Silva join-fed A. H. FERGUSON,
Manager. Hongkong, 15th April, 1926.
THE BANK OF TAIWAN, LTD.
(Taiwan Ginko,):
Incorporated by Special Imperial
Charter, 1899..
Capital Subscribod ..... Yen 45,000,000 Capital (Paid-up). Yen 39,875,000
HEAD OFFICE:-Talpeh, Formon.
BRANCHES:
JAPAN:- Tokyo, Yokohams, Kobe,
Oanko..
FORMOSA: Giran, Kagi, Karenko, Koulung, Bokoto, Nanto, Shin- chiku, Taichu Tainan, Takao, Tamaui, Toyen,
Helloh, Taitoh CHINA-Shanghai, Hankow, Amoy,
Foochow, Swatow, Canton. OTHERS: Hongkong,
Sacrabaya, Semarang, Batavia, Bombay, London, New Calcutta.
ed the firm. The firm dissolved The Official Receiver: on March 31, 1920, and witnesspeople you were dealing with received something between were in the majority, people in $20,000 and $80,000. Business receipt of monthly salaries? had been successful and witness Mr. Lammert: No, most of received $1,000 a month from it them were in business. They during its existence.
probably dealt with other brokers:
An Indian lance sergeant attach- ed to the Shaukiwan Police Station was charged before Mr. R. EM Lindaell at the Central Maziatracy on Saturday on two counts of de manding, money with menaces and misconduct. Mr. Elsley Zeitlyn (instructed by Messrs Deacona) The appeared for the defence.
„Time
0:10:
.0 190:
ease was formally adjourned until y Friday. qu
0:19)
m
HONGKONG MARKET PRODUCE.
Prime Cut
*
Corned
Roast.
-
H
Brazet
12
Soup
Fr
Steak
Steak Sirloin
13.
„Skusagan
Bullock's Brains
APPROXIMATE RETAIL PRICES.
Butcher Meat.
» Tongue, frash;
燒牛牛牛牛牛
1928. 1918. 1914.
February 8 June, June,
Cts. Ct. Cl..
32 - 23 12:
Chicken Capons, Small
32: 24 #2!
Poultry.
193993 38282238
February 3, June, June,
1928, 1918 1914.
Cin Cta Cla
Ib. 66 30 81.
60- 28 80
#5
65 28 30
11
48. 22. 21
18
each: 80 22 21
par dz. 20:
か
40 25, 20
2b. 72 84 24
"
32 23: 12
Capons, Large
32
24
22
Duck
30. 20: 18
Doves
28 20
18:
Eggs, Han (cooking)..
SB 24
·92)
Eers Hen (fresh)
45 80 25
Fowls, Canton
40.28 20
Fowls, Hainan *****
1
08: 28.
EP.
per set 15:
10:
12:
Googer
62 24
ench, 80
50
80"
Pigeons, Craton
Eeach 48
90
$1,00
60
"Bothow
海口情
n.
30:
23
Hoad
13
$1.50
-$1.20
Turkeys,, Cock
火發b. $1.00.
+
Heart
1b. 24
130-14.
Turkeys, Hen
火辣隆
85
61
20
"Hump, Balt.
20 13
Bachy, 38.
rt
Feet
each 12.
101 12.
pair $1.80
Kidneys
16 10 12:
35:
TI
Tait
非
25
20 22
Liver
Tripe
ور
Por
Tongue, corned
- Ib.. 22 18. 14
12 6
Calves' Head & Fest. 4FM sot. $1.20 $1.00 $1.60° Mutton Chop.
נן
-Suifpe
Pheasant
Quail Partridges
Fruits..
11
$1.50
Teach: 14"
Ib.. 55: 26:
1
Eegy
·55 28
Shoulder Saddle
53 24
#
++
##
65
Almonds
34
#
1b.
60:
Pig's Chillings
40
The
1.
Brains Feet
Per pot a
21. 12
Apples California)
金山粺業:
22:24
Bazonas" (bride's)'
燕山香籤:
#
lb. 20.
16:
Carambola.
**
Fry
40 15 18.
Cocoanute
H
Head
24
20
Lemons, China...
lb. 15
17
Heart
each 15
10
10
Lemons (America).
Kidneys Liver
#
12 10
8
Licheen, Dried
全山檸檬 ench 8: 荔枝干
80
80
豬肝 ·1b. 52 30 ##...
24
Oranges (Canton).
軟會機
15
42 25.
29
Oranges
15
-12
猪
27
Peanuts
.#
21.
60 70
each 15 8:
B.
1J
Leg
*Loin
Fat or Lard
Ky
Heart....
201
Kidneys Liver
Sucking Pigs, to order. Buet, Beat ....
牛羊仔仔
Mutton
Sausages
No. 1.
Fish.
15. 12 20 55-20 25 22:
26. 25
82 20 18:
Paars (Canton).
Persimmons, Large
Flantain Furaelo, Slam Walnuts
Grapes
55
26 24
86
20 19
40
20
When witness. returned from and were under obligation to Pork Chop.. leave in England in 1921, the pre-others when the slump came. sent debtor firm was started. The Mr. Lammert added that auctioneer firm's name Was good many of his clients were changed to that of Lammert Bros. connected with Chinese banks Sheep's Fead & Feet.. par set 00 in 1920. Witnese still had shares and other agencies for lending in the auctioneer firm and this money. They always seemed in a was one of his private assets. position to get money. So long as Asked by the Omeia Receiver it was easy to get money, business what his assets were when he was easy and rates were main- started on the sharebroking busi-tained. Another factor was that ness, witness replied that he had the steadiness of the market vanl half shares in certain land at would affect the facility with Shamshuipo at an estimated value which it would be possible to get then of about $40,000 (this had money since been sold at a sum in excess
His Lordship: You mean that Singapore, of that) and a small lot of land it would dominate the psychology
Barbel of the banks
Continuing as to the factors for Bream. the firm's indebtedness, Mr. Lam-Canton Fresh Water Fish. mert said that just before the June settlement, even after the Carpe Shanghai riots of May 90 events Catfah did not appear to have much in- Codfish, fluence on the local stock ex-Craba change. In fact, he added, the Cattle Fish confidence in the market was such. Dab that $250,000 worth of shares Dace were bought before the settle-Dog Fish ment. It was only when the Fair, Conger. actual strike began that there
of Freak Water ... was panic,NES
The Official Receiver: But even if there had been no strike, the position of the firm would have been dangerous
Tork,
LONDON BANKERS; Loudon County Westminster and
Parr's Bink
The Bank has Correnpersilenta In the Commartal' Centros is the Europees Continent, Buan, Maa. ehurin, Tainging, Inpan, Indo-Elite, Mlam, India," Philippineteirais, Java, Africa, ko,
tion
Interest allowed on Current Accounts, and: Plied,
·Deposits 52-rates which, will be quoted on applica
T. TAKAGI,
„Manego.. HONGKONG BRANCH: "
& Des Vorax Road Central, Hongkong, 1st November, 1998
THE BANK OF CHINA. 行銀國中
(Specially Authorised by Presidential Mandate of the Republic of China:
Mazarre Fund a... Yen 88,500,000en the kind of Ngrembar, 1917).
Head Office:-TOKOHAMA:
Branches and Agencies at;
Batavia.
Bombay,
Buenos Ayres.
Calectta.
Canton.
Changelo
Dairen (Dalny),
Fangtion (Micdeo),
Casaber
Anakow.
Newchwang
New York...
Peking.
Osaka
Rangoon
Rio de Janeiro
Authorland Capital ... $60,000,000.00 Faid-up Capital CAMERA $18,278,800.00. Reserve Fund
$1,600,425.34
HEAD OFFICE; PEKING.
HONGKONG BRANCH:
4. Queen's Road Central,
DO NOT BLAME THE GIRL
Who Is Fretful and "Faddy,
It Is Not a Fault But
& Symptom
Her Need Is The Good Blood Made By Dr. Williams" Pink Pills
Mr, Lammert continued that he had curtailed his June iness as much as possibles He
ed to cut down and to set off for covering
purposer ESKUNA NOT
Like A Bookmaker ** His Lordship. It seems to me
Ike a bookmaker's business,...
*- Mr. Lammert: “But the book-
When a girl in her teens grows dull,maker hedges. It land that sort
*** pesyish" anden "Taddy"; when nothing | of thing". In a settlement the
Branches and Sub-branches all over sams, to interest bor, and, when her great thing is not to have too Ching and Coursepondents in Europe, appetite is ackle, you may be certain Antaries and other parts of the work that the goods more good blood than London Bankers: The National Proving her system is provided wiik: “Dafore cial and Union Bank of England, Ltd, long her pallid chooks, breathlessness, The Guaranty Trust Company of New headaches and backaches,
Bettable Trost
like this
vary dosk Kleintured It
hares chans have kno
my hands three
Frogs
Artichokes Beanes, Sprout.
Long
Best Root r
Bitter Squash
花大
Vegetables, &c.
25
Brinjals, Green
Red
Cabbage, Chiness
Shangha3)
Cano Shoots, bunch"; Caulifower (Large)
(Medium
20
28
18 ·10
es 28
20. 10
(Small);
10
10
Carrots
Celery, Chinese
28
18
Chillies, Dried
Red
Green
Curry Stuff, Bag Cucumbers
Garlic s
Cinger, Young
Old
Horsers Indian Con
ushrooms, Fres
ཚོ*སྐ2 ||}2221|
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