HONGKONG AND SHANGHAI THE BANK OF EAST
BANKING CORPORATION.
HEAD OFFICE: HONGKONG, Authorised Capital $50,000,000 Issued and Fully Paid up...@20,000,000: Bosarve Funda
گا
Sterling,500,000 Bilver....$27,000,000 *
Bonorva Elability of $20,000,000
Proprietors Labora
COURT OF DIRECTORS),
Hon Mr. D. M.. Bemard
Clairuan
Hon, MA.. O. Lang,, - Dapúty "Chairman'
W, E. Bail, Baqi
A. R. Compla, Wary,
P.B.Holyork, E
W. D. Patel, AND
1. A. Pinner, Hach
FL. P. Wille, Neq..
G..M.. Young, Aq CHIEF MANAGER::: A. H. BARLOW, Esq.
Manager; Shanghai-G. H. STITT, Esq.
ي
LONDON BANKERS, Westminster Bank, Ltd.
CURRENT ACCOUNTS opened in LOCAL CURRENCY and FIXED DEPOSITS received for one year or shortor periods in Local Currency andi Sterling on terms which will be quoted on application.
Hongkong. 21st April, 1926.
HONGKONG SAVINGS BANK. THR baler of the above Bask lu conducted by the HONGKONG AND SHANGHAI BANKING COR: PORATION. Rules may be obtained
on application.
INTERIST on deposite is calculated on the lowest balance during each som.. plated Calendar Month at 3 por cont.. per annum. Should there be no balance on any day in a month no interest will be allowed for that month.
Depositors may transier at their option Balanoo of 8100 or more, to the HONGKONG, SHANGHAI BANK to be placed on FIXED DEPOSIT at CURRENT RATES.
For the HozaXONG: BHAROMAT BANKING CORPORATION),
A. E. HARLOW,
Chief Manager. Hongkong, 7th January 1925..
BANQUE DE L'INDO-CHINE.
HEAD OFFIONE
ASIA, LIMITED.
HEAD OFFICE). HONGKONG. 10, Des Yous Road Central Hongkong. Authorised Capital ... $10,000,000 Paid-up Capitah vs. $,000,000 Reserve Fund (1928).......................... · 1,200,000- DIRECTORS:
Hom. Sly Shou-son Chow-Chairman. Fung Ping Shan Mok Ching Kong Li Koon: Chun
Wong Yum Tong P. I. Kwok
Huych Tal Ne Ching Lak Kan Ying Fo Pong Wai Ting Chan Ching Shel Every description of Banking and
Lou
Exchange barbiems transsoted. granted on: approved' securİTİON:
BAFIE: DEPÓSIT BOXES to Jek, n
KAN TONG_PO;.
Chief ManagHT)
Hongkong, 8th February, 192.1
行銀商工法中
BANQUE FRANCO.CHINOISE pour le Commerce et L'Industrie (Incorporated in France).
THE CHINA MAIL.
COMMERCE AND FINANCE
SHANGHAI MARKET REPORT.
Recovery in Tone of Plece Goods
After the recent dull spell in the yarn market, it is satisfactory to be able to record a much larger business in the local commodity this week, Since our last report appeared, writes the "North-China Dally News of May 16, orders have been placed amounting to (some 40,000 bales, which is the largest, quantity booked with the mile for some time. In spite of this activity the demand for Chi
cotton is small,' spinnère being well supplied
with the stuple..
nese
Following the disappointing ex- perience of a week ago, the tone of the piece good auctions showed gratifying improvement towards the end of the week. Apart from the auctions, business in this line has been dull, but the concluding auction showed that condonee is [apparently being re-established..
Exports have not been active, both in silk and produce the total business being on the whole amali The tea season has not yet com- 10,000,000-mented, although the first Keemuns are expected to arrive during the coming, weak.
5, Chater Road,, Victeria,. Hongkong.
HEAD OFFICH) 74. Has $5. 'Lasero,
Capitali
Park
Frs 20,000,000,-
Special Working Capital Fra 50,000,000
Paris Baigna
Paking Canton
BRANCHES:
Lyons Marseilles Haiphong Hanot Shanghai Timmin Hongkong.
BANKERS:
FRANCE—Fociste. Generale,.
Paris et des Payu: Bas. LONDON:- Midland! Bank Tads.
Trust Co..
Banque
Every descripta of Banking, and Exchange: Business Transacted Curre spondents: throughout the world.
A. ROLLIN, Manager.
Hongkong, 1st December, 1925..
"
96, Boulevard Haussman, Paris.
#ubscribed: Capital - Fan: 72,000,000:00) THE CHARTERED BANK OF Paid-Up: Capital: ............ Fza..88;400,000.00: Esexxys) Fandi ve 2za: $9,667388 INDIA, AUSTRALIA & CHINA
BRANCHES Bangkok "Hano! Bahang: Dante
Dijbout
Rongkong Mengtza: came
Pondicherry Paigon
Shanghai
Hingapor
Port-Bayandela:
Theatr
Bukow
Peking Prom-Penh
Tourang
Yanorod
Haiphong
IN FRANCE Comptoir National d'Eacompte de aris; Credit Lyonnain. Banque de Paris et des Puya-Ban; Credit Industrial et Commercial Borists-Generals,
IN LONDON: The National Provinsial & Union Bank of England, 1; Comptoir National Escompte de Park, Credit Lymnals IN NEW YORK: JP Morgan a Cog Araria Banking Corporation French Quaranty Trust Co. of New York,
Interest allowed sa Current Account and
·Fixed Deponism according to arrangement
Every doription of Banking and Exchange Basin transacted..
1. LECOT, Manag Hongkong; 11th December, 1925.
"NEDERLANDSCHE HANDEL MAATSCHAPPIJ.
(NETHERLANDS TRADING: SOCIETY.));
Berat: 1894 HomeHoms. ERANOM HNTANGIREDD: 1908..
Author and Capital 6, 150,000,000 £1,600,00
Paid-Up Capital... 80,000,000 £ 6,386,37 Bowers Fund.-G.. 20,592,861 41,712,100 Special Bar..G, 22,800,000 1,889,200 HEAD OFFICE:-Amsterdam MASTEEN. HEAD, OFFICN:-Batavia, BRANCHES:- Bandjain Basdoung Bombay Dalautta:
Chur boa Djember The Hagas Kobs MICRMERY
Medan
Djekicarta
Lobe-Racha
Padang
Panang
Boltaria
Pingapore
Tagal
Palembang Pecaliongra Pontianak Rangoon
Bemarking Shangha Borabala
Tilat
Boerakarta (Baža.
Weltevrodie
LONDON BANKERS:~ National Provincial Bank, Ltd Correspondents all over the world! BANKING BUSINESS OF EYEBT DESCRIPTION.
J. C. MAASSEN,
Hongkong, 19th March, 1928.
THE
Piece Goods.
|
that a certain proportion of its high-priced cargo, but it is not
Some small purchases of sheep's policyed that our local concerna have loaded themselves up with wool are reported, which may in this to any extent like the mills indicate a renewed interest on the Japan have done. It is stated that part of American manufacturers. the loss to the Japan millarbrought.
CHINA PRODUCE EXPORTED DURING MARCH.
SATURDAY, MAY 22, 1926.
Some sales of groundnuts have Note Waste Silk from Canton China Grass The atoamers. been made to Europe for shipment to the extent of Plouls 3,109 and which, called during March took from Tientsin and Tsingtao, but re-shipped from Shanghal, is not Picula, 851 to France, Ficula 1980) at prices considerably below localIncluded in the above figures values
to Belgium, Piouls: 163 to. Denmark, Coconne-Piculs 183 were ship-Piculs 335 to Italy Pleuls 7,497 to ped to France, Piculs 100 to Italy Japan and Plculs 1.825 to Hong and Piculs: 1.880 to Japan.
kong.. Sheep's wook Owing to the Feathers-Shipments
the Himited demand in the United States extent of Ficuls 586 were made, to and the want of transport facilities England, Picula 201 to Franco, In the north of China, shipments Picula 87 to Holland Picula were confined to Pleuls 4,668, to 438 to Denmark Picule 1,087 America.
to Germany, Picula 1,291 to Goats' Wool and Hair-England America and Ficuis 198 to Hong book Picule 2,988, France Picalkong. At the close unsold stocks 1,420, Germany Pleuls 38, Americain Shanghai wore very small. Piculs 215 and Japan Picut 216. Untruned Goatskins,' 26;226: pieces were shipped to England 186,- Camels Wool-The export to 200 plecde to France, 33,300 pieces England amounted to Ficula 1.069 to Holland 1,867,600 pleces to to Germany Piculs 9 and to America America, and 4,775, pieces to Japan. Picula 336. goat.
There was an active demand and the Hides Shipments were divided supply will not be sufficient to meet between England Plculs 498. France requirements when this season Picus 1,669, Belgium Picul's 109,closes.. Germany Piculs 2,028, Italy Ficula: 3,940, Mediterranean Porte Picais parcels amounting to 39,878 pieces Untannedi Sheepskins Two
686, America Picula 883, Jupan were sent to America. Pleuls 8,466, Hongkong Piculs 1,204 and Penang Piculs 287. There was a good demand at the slightly lower prices recently established.
bout through the fall from the purchase price to to-day's, quote- tion comes to about 200 million yen Yesterday's spot quotations for Chinese cotton were:Tungchow 30.50: Shanghal 2076: Shanst 29::||
The following statistics just to Ningpo 28.80. On the Chinese hand show the items and quantities Cotton Goods Exchange on Thurs of general produce shipped to day a total of 35,700 bales was America und Europe during dealt in... the closing rabes being March, the largest
cargo as follows:-May 38.06: Junedespatched during the period ander 28.50: July 29:10: August 29180 review being untanned September, no quotation: October skins-2.1 million pieces of 30.20.
which 1.8 million pieces were for the United States. March cargoes of this commodity were nearly double to those of the previous month when 15 million pieces was the total shipped abroad.
Yarn Commencing on Saturday last renowed activity was shown in the yarn market, and sales on the
part of the milla took place to the extent of about 40,000 bales for June-July delivery. It la under- stood that the domand resulting in made up principally of Boiled Off, Waste Silk-The export was these contracts is fairly well dis-Cocoon Strippings, Tussan; Frison- tributed throughout the country.. This is the largest week's business net and Long Waste. of which which it has been possible to re-Ficus 579 went to England cord for one time, but although it. Puls 2,188 to France, Picule 100 served to advance the market for to Germany, Plculs 1,575 to Italy, the time being, there has been a Fieuls 1,241 to America, and Picula decline since Little business in 161 to Japan elbth has been transacted through-
the
t
|
Rugs-The export was confined to 5,209-Dogskin. Muta to Amerien
Cotton Plesala 96 went forward "If there were to be no profit. to Norway: Picula 222 to Germany, in war either by the individual- Piculs 16 to Australia, Picula 1.609 business, or corporation, it would to America and Picula 36,666 to be a long time before a war of Japan.. The markets in America any sort would be declared!" and Europe remained lifeless. Mrs. John D. Sherman..
41
HONGKONG MARKET PRODUCE,
In pleee goods the week openedut the week, Spot quotations. for very much in the same manner as
yarn are as follows:—10's. 125/133: was described in our report of lasti
12' 134/187: 16 136/146: 20%) Saturday. The market was dis. 141/155, Thursday's business in tinctly qules, and it was reported yarn on the Chinese Cotton Gonds Nationale de Credit, Banque de hat dealers were offering conces Exchange amounted to 26,700 bales, along with the object of stimulating the closing quotations being as clearances. This policy, however, followsMay 134.50: June 188:50 140,80 NEW YORK: Irring: Bank Columbis had apparently little effect on the July 189180 August
general stuation.. and neither at September 143.60: October 14220..
American Cotton.—Within the opening acctions nor privately could any Improvement be seen.
past two days New Yerk cotton has Best Strlol... A change in the position. seemed declined about 20 points in respect Quotations :--- to ocetr about Thursday, when the of all deliveries. undertone had obviously strength July 18.36: October 17.41: Decem- ened A speculative demand Ferber 17.50: January 17.44: March lacks was apparent, and many 17.56 spot 18.83: highest July evidences of confidences were to bu 18.46: lowest July 18.35. Liverpool sees this department. Heavy quotations-July 0:47: Greys lacked support from Ningpo.23; spot 301261
Cotton Sakellaridis Egyptian and for these. prices fell off by about two mace. The market a spot 16.60 new approaching the end of the period in which Korean qualities of Whites are in favour, but for
Sampin-Thursday afternoon's the Chin qualties the demand re- mained good. Hankow, Changsha, closing:-May 23030: June 283.30: Tientsin and Tsingtao being good: July 230.10: August 238, Septem- buyers, and in these cases pricesber 238.20: October 238.70: Novem- were generally higher.
Yesterday morning'a especially satisfactory to see that closing-May 226.70 June 229.40: Tientsin had once again come into July 282.50:,August 234.00: Septem- the market. While deliveries also
235.60 October 236:10: November 2383 week. improved towards the close of the it han to be noted that Italians are still being held up by speculators. Whitee have been going freely into consumption, and hoth Hankow and Tientsin have. taken considerable quantities..
INCORPORATED: BY ROYAL, CHAPTER, 1858.
HEAD OFFICE: LONDON..
Paid-up Capital
Reserve Fund. Reserve Liability, of Pro-
8,000,000
.£4,000,000
prietors... -----88,000,000 FOREIGN EXCHANGE and General Banking business transreted;"
FIXED DEPOSITS received for 1 year CURRENT ACCOUNTS opened and
quoted on application. or shorter period at rates which will be
A. E. FERGUSON,.
Manager. -Hongkong, 16th April, 1925,
THE BANK OF TAIWAN, LTD.
(TAIWAN GINKO).
Incorporated by Special Imperial Charter, 1809,
Capital Subscribed. Yen 48,000,000 Capital (Paid-up)... Ten 89,375,000 HEAD OFFICE-Taipah, Formosa.
BRANCHES:
JAPAN:Tokyo, Yokohamaa, Kobe,
Osaka.
is
LONDON: BANKERS: London County Westminster and
Parr's Bank
The Bank badCorrespondants in Lee: Commercial Centree in the European Condrent, By Man sheria, Twingtao, Jepec, Indo-Chin Slam, India, PHRippine
The Auction.
It was
The Kungping suction of Tues day showed little change from a week
ago, and
again reduced quantities were the order. The total sold was. 270 packages, The trade demand was no greater than previously, and in spite of the small amount on offer, was insufficient to put up prices, which on the average were steady.
Prices were lower all round, at the Ewo auction on Wednesday. FORMOSA: Giran, Kagi, Karenko, sold! Most of the purchases were when a total of 78 packages was Keelung, Makong, Nanto, Shin. chiku Taichu,
Tainan,
made upon speculative account. Takao, Tamsui, Toen, Heito, Taito,
A reduction in quantities was GHINA: Shanghai, Hankow, Amoy, also made in respect of the Yen
Foochow, Swatow, Canton.
fong auction on Thursday, when OTHERS: Hongkong Stagsport, the number
Soèrabays, Semarang, Batavia,
of packages sold Bombay, London, New York amounted to 697. Italians were Calcutta.
atendy, while Groys were 1 mace lower. On the average Whites fell fell 4 mace. At this auction there was a distinct improvement in tone. compared with the previous week.
Cotton Yarn, etc. Chinese Cotton-Between May 8 and Fix2nd 13. ection has advanced about Deposits at rates which will be quoted on applies half a tael on the local Exchange, T. TAKAGI, while in the case of the new crop Manager.the advance has been about T1 The local mills are buying very little of the local staple, generally having ample supplies of Chinese, Indian and American cotton, and the result is, that there are more Bellers than buyers at the moment. As a result of this attitude, it is reported that large stocks of the (Specially Authorised by Presidential 3henst varlety have accumulated in
Mandate of the Republic of China:
Shanghai... With reference to the on the Sand of November, 1917). holding of these heavy stocks of Authorised Capital... $80,000,000.00 cotton by the mills, it is known. Paid-up Capital Reserve Fund
IOANE MATA, Afrika, s
Loa, 1
"
Acting Manager. HONGKONG BRANCH:
3. Der Vor Road Central Hongkong, 7th May, 1926,
YOKOHAMA SPECIE
BANK, LTD.
Established 1880.
Capital (full paid-up) Yen 100,000,000 Reserve Fund
Yan 80,600,000
Head Offles: YOKOHAMA,
Branches and Agencies aff
Batavia.*
Buenon Ayres.
Bombay,
Dalcutta.
Canton.
Changchun
Dairan (Dalry),
Newchwang New York
Osaka.
Peking. Ranspoon. Rio de Janeiro. Batron.
Fangtian (Mukien). San Francis
Hamborg
江浙nicow,
Baths
Honoints.
Kn! Toen
Earschl.
Seattle Bemarang Bhangbal Bhimonoseki
Bingapure. Soerabaya. Sydney. Tientsin.
Koba
Londo
Los Angelek.
Tokyoh
ட்
Laternel allowid on Cus Depentia recuired for stand
Hongkong, 113 March
་
THE BANK OF CHINA,
行銀國
>
$18,278,800.00 $3,029,425.24
HEAD OFFICE: FILING.
HONGKONG BRANCH:"
4 Queen's Road Central. Branchen and Bab-branche all over China and Correspondents in Europe. America, and other parts of the world. London Bankers: The National Provin
cial and Union Bank of England, Ltd. The Guaranty Truss Company of HO
York New York Bankers: The Irving
National Bank, '
The Equitable Titans Company of Nav
York
Interset allowed on Current Asocks
Indian Cotton.-F. G, Bengali May 250: Fine Oomra May 316: F, G. Broach May 338.
ber 238.80.
ber
+
N
4
APPROXIMATE RETAIL PRICES.
Butcher Meat.
Tongue, fresh. Tongue, corned
Fest
April 28, June, Jurie,
Boihow
Turkeys, Cock
火热棒
Partridges comi
Cla.. Cts. Cta
⠀ ⠀ 8 8 8 8 # # 1 * *881 119 ||*I
Poultry.
April 23, June, Juna,
1928, 1918 1914.
1923, 1918 1914
Gta. Ct. Cea...
lb.
37.24 12
Chicken
Jb.
45. 30
Prime Cut
87 28
12
Corned!
87. 23
12
Capons, Small Capons, Large
Н
45
28. 80
H
#
Roast
84 24
22
Duck
28, 30
24
22
Breast
20 20 13:
Doves
each 80
+
22
H
Scop
80
18.
19
Eggs, Hen (cooking)....... T
per doz, 86:
18.
Steak.
87 24 22:
October
Steak Sirloin.
13
37 80 85
#
#
Sausages .......
40
20
Bullock's Brains
par sot 15
100 12
Erra, Hen (fresh) Yowls, Canton'....... Forls, Heinas Geese.
#
40
25
*
60 88
24.
5
24
H 32 24
each 90 50 30:
Pigeons, Canton
Beach 60.
30
60
"
28
28
Head.....
> $1.00
-$1.20)
Heart.
Ib
24
Turkeys, Hen
A b. 20 66
53
Hump, Salt
38
271
aach 15, 10
1,9
Kidneys
15 10 12
Snipe **Pheasant
Quell
each:
pair
Tail
*
25 2022
Liver
Ib..
27 18:
H
HE
10
7
aut. $1.20 $1.00-$2.00
$5 20
26 26
52:
50
40
+
18.
Braina
#
For set $
22
24
Foet
Ib 20
X
8
"
Fry
40
Hend
24
2
each 1310
Heart
+
aach 15. 10.
lb.
16
7
H
Kidney
17
8:
Lemons (America)
each. 7 8
Liver
Lichees,, Dried .........
25
"
742
Oranges (Canton)
**** T *
12:
42 #
50
Pears. (Canton):
20
22.
Poznata
花生
14
10
21 per set 90 60 70
Persimmons, Large,
紅柿
12.
"
each ' 12
87
Plantain
* 1
13 19
Pamelo, Slam
each: 15
60 26.
Walnute
1b
25 25
22
***
#
20. 18
In their weekly report on the cotton market Menara. J. Spunt &
Tripe Caires' Head & Fest...") Mutton: Chop
M
Log Shoulder Saddle
Pige Chitlings:
China Cotton-Since the issue of our last report the market con- tinued firm towards the middle of the week when a reaction set in | bringing prices down by about Tla.
0.75 and which is due in a grent. measure to "longa" desiring to realise their local stocks which have been accumulating for some Pork Chop time past and there being little or insufficient demand to absorb offer-
"Leg: ings even at favourable rates, en-
Lain gendered a somewhat weaker ten sheep's Head & Fest... Fat or: Eard... deney at the close.
There is no doubt that the "shorts" will avail themselves of
N
#
+
Heart
Kidneys.....
the opportunity to depress prices Sucking Pigs, to order, b
Liver
#4
but when taking into consideration as much as conditions will permit
Bust, Beef the steadiness experienced so far in the rates of Mid-Americans, Indians and Sampin coupled with the favourable outlook for the time being in the cotton markets of the world, it may be reasonably de- duced that prices here have about Barbel reached their lowest level and that Bream a reaction upward may sooner or Canton Fresh later make itself felt.
Water Fish:
82
aasões |-------g882 | | 12282 283 1
-aa898 |2----8--811IEN IR SP | 5 | 2723823981
15.
808* *8*2882 |
25 1924
16.
Mutton Veal
Sausages D
......
50
"
20
No. 1...
Fish.
ib.
25
#
38 18
"
16.
1.
28 16
27
3. 28, 12:
42 20: 26.
#
48 28 20
718 16
66
20
18
*A
肚
·13: 10.
25 16
20
10. 18.
50 26 30
76
25
Yarn-Fluctuations in the yarn Carp.... markst during the past week have Catal been nervous and erratic but the Coddsh tendency on the whole, has been on Crab the easy side. In all some 10,000 Cattle Fish bales of local spinnings have been. Dab booked for export to Szechuen, Dace Kiangio, Canton, Swatow, Ningpo Dog Fish ... Hankow and other interior ports. Eels, Conger Regarding the future course of the Fresh Water market, a conservative policy ap Yellow pears to be desirable for the Brog mediate future, and the situation
Garoupa continues to hinge on the action of the local professional operators and
Gudgeon Herringa in our opinion, we believe that pur Halibut chases on breaks are likely to ledd Labra to profitable results.
Loch
Silk.
Lobsters
Maskaral
On decount of Chinese specula- tion and probably also the influence Monk Fin
THE MERCANTILE BANK OF of the strike in Great Britain on Mullet
INDIA, LTD.
HEAD OFFICE A
Authorised Capital
14, Gmosokurat strest, London, B. 01.
$3,000,000 Babsuribed Capital, 1,800,000 Paid-up Capital? · 1080,000 Reserve Fund
2:810,000
The Bank of England & Midland Bank, Ltd.
Xew York
MANGO WA
and Fixed Deposita. Turma as applica. V MONITONG MARGINS tion.
the money market, exchange has not Oysters been sufficiently steady during the Parrot Fish week to admit of any volume of Perch business being transacted in local | Pike
ilk On Thursday and the pre- Plaks, vious day, however, between 400 Pomfret, Black and 600 balea of steam flaturas Pomfret, White and about 500 bales of Tussaha Privas were done for America.
Kay
The market for Canton slik has Rock Fla been quieter, and prices have de Bouch clined to a certain extent Towards Salman the close of the week, however, a „Shark, slightly better inquiry, has been skate noticeable.
Shri
pathi ad enter than her be sucursaload con Aspiration?
Arenewed ingu! cafvadifrom... Home
Chinese
Hom
has been re-
2110
២២. តួយ៉ន់ទី១១ ៩១៩ ៩:៩៦៥ ១៧ គ
Almonds
Applen California) Banana (bride's) Carambola
Cocoanuts Lemons, China
Oranges
Grapes
Fruits.
全山禪雲
荔枝干
Vegetables, &a
Artichokes Beanse, Sprout
Long
Beat Root Bitter Squish Brinjale, Green
· Red'. Cabbage, Chingra
(Shanghai) Cane Shoots, binnel .. Cauliflower (large)
each 11
5.
aach
(Medium (Small)
BATE. 16.
Green
Carrota Celery, Chinese Chillies, Dried
Bed:
Curry Star, English Cucumbers
Ginger, Young"
Old Horseradish, Sháng
Indian Corn Lettuce: Water Chestnuta
Mushrooms, Freak Okroes Onions, Bombay
Shanghai
Paraleg Potato, Swost
Gerife
28
28
18
24
21
28
28
34
40
(20): 18:
29
14
28 1318
40--23:16:
Green-
***K ELISA STE
8
10
25. 26
..40 10.
DEGIRI SHEITIE
18: 8
12
10/10 10
each 2.1 2.
Ib. 12
B
9
€ 10
each 80
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