1926-06-03 — Page 2

HONGKONG AND SHANGHAI BANKING CORPORATION.

THE BANK OF EAST ASIA, LTD.

HEAD OFFICE: HONGKONG." 10, Dem. Vœux Road Central, Hongkong. Authored Capitol $10,000,000 Paid-Up Capital

5,000,000

BRANCHES AND AGENCIESI-

Mandi

THE CHINA MAIL.

COMMERCE AND FINANCE.

►・・ 380,079,000-

Ierood' and Polly Peld-up Bawerve Funds

Sterila... £ 4,809,000

Roserve Fund

1,200,000

Hilmar ikke-»3 ««$27,100,00%!

Batavin

Saigon

SILK FAILURE.

Latest Kongmoon: Crop Reports

Reserve Lajuly of 2ropskutom. 20,000,000

flombay

Melbourne. So Francisco

Calcutta

Naysankcioalie

Canton

HEAD OFFICE, HONOTONG.

Haiphong

Oska

New York Bemerang

Shanghai

Hunokula

Paris

Blogapore

Kobe

Poking

Kowloon London

Pennsig

Bharabsyn Taipe

Kangoon

Housin

Tokyo

COPRT OF DIRECTORS:-

34on, Mr. 1), 4. M. Bernaz84, Chelenas,

flon. Mr. A, O. Ljung. Deputy Chairuna.

Wii, 101, Eg

Al. Compion), *Im

W. L. Pattendon, Ring,

AMOY

HANGKOK

BATAVIA

BUHAY

CALCUTTA

CANTON

C1XROO COLOMBO

1. A. Pluminet, Koj

T, O. Weill, Rag.

H. P. White, w

4. Moang, K

bind "Man KRT.

d. 11. Barlow, Kap

BRANCHES:

LONDON

I. YONG MALACUA

MANTLA

NAGASAKI

NEW YORK

PERING

PKNANU

SAIGON

DAGEN

HANGOON

ROCHOW..

HAIPRONG

MAN PHANGGO

MUANGUAL

HASHURO BANKOW MARTIN

HONGREW

ILMLO

·TRO11

JOHORE

KOBR SELTAA

LEMPER

SINGL PORT

SOVBADAYA

HUNGRI TATANI GIANTHIN

TOKYO

TRENGTAO YOKOHAMA

Christel, Ascoute opened in Leoni. Carrandy al Pized Duponte copeived for one year o aluttar jemetodi iu Loon). Currancy amt Barling an tommi which will be gandest coi appilnation,

** Hongkonu. 27th May, 1928.

HONGKONG SAVINGS BANK.

The Ruchess of the whore Bank le pone kuotank by the HONGKONG AND SUANGHAL BANKING CORPORATION. Hubra mmg ba shrafhent un sprite actome

POR TUR HONGKONE & SHANGHAI BANKING CORPORATION.

A. K. Barlow

Hongkong, 27th May, 124.

schikt Manager, y

» BANQUE DE L'INDO-CHINE...

HEAD OFFICE:

00, Boulevard Haussman, Paris.

Subscribed Capital.Frs. 72,000,000.00 Fald-Up Capital,Frs. 68, 100,000.00 Reserve Fund... Fra. 59,667,283.54 BRANCHES: Hanol Hongkong

Bang tok Battambang

Canton Dijbond For-Bayard

Haiphong

Hankow

Mengite

Nounta Paperte

Peking

Proto-Peah

HANKKAN

Pondicherry Prigon Shanghal

Ningapore

Tluotiin:

Tonrarie

Tunnsafa

IN FRANCE: Übmytoir Nadonsi d'Essompia de aria; Credit Lyobasis; Banque èls Paris st d Phya Bas; Crestis. Industrial at Commercial Societe analo..

IN LONDON: The Nations Provincial &. Dalon Bank of England, itd.; Comptoir "National Escompte de Paris; Oredly, Lyonnais

IN NEW YOjen: J. P. Margin a Co; Freston America Banking Corporation; Guaranty Trust Co. of New York,

Interest Allowed sa Chirrent Accounts mad Fixed Deposita according to arrangement.

Every Ameription of Banking and Exchange Pasina transacted

A. LECOT.

Manager. Hongkong, 11th December, 1995,

NEDERLANDSCHE HANDEL

JAMAATSCHAPELI..

(KETHERLANDS TRADING SÖGIIT)

Mayantaran 1954. Hoscamores BRAMON HITAMEZEMRD 1907.

-Authorised Capital el. 150,000,000 £12,500,0RA Paid-Up Capital G. 80,000,000 £ 6,568,47S Barve Fund... 20,685,851 # 17114. Spesial. Enservas.....€). 29,880,000 £ 1,980,590 HEAD OFFICE!—Amsterdaze, SASTERN HEAD OFFICE:—Batavia.

· BRANCHES:--- Buscharmatia – Bandoung Bombay Calenta

Cheribon Djember Djokjakarta The Hague Kobe

Macar

Kota-Badja

Padang

Palembang Promiongo Pentlazak Bangoca Hǝitardar

IN STARTADE Shanghai Fingapore Boerabaja Bouakarta (Bals, Taga

Tiketjup „Waltevreden

LONDON BANKERS :-- National Provincial Bank, Ltd. Correspondents all over the world. BANKING BUSINESS OF EVERY

DESCRIPTION.

J. C. MAASSEN,

Acting Manager, -Hongkongy 19th March, 1928.

THE

YOKOHAMA SPECIE

BANK, LTD.

Established "1880..

Capital (full paid-up) Yen 100,000,000 Reserve Fand

"Yes" 86,583,000

Head Ofos:-TOKOHAMA,

Branches and Agencies at:

Batavia

Sombay.

BUEDOS ATT

Calcutta.

Canbook.

Newchwang

New York

Osaka Peking. Rangoon. Bio de Janeiro.

Fongkian (Mukdek). San Francisca.

Changchma

·Daire-(Dalny),

Jankow.

Honoint

Karackl

Lobe.

London,

Los Angeles

Saigon.

Seattle. Semarang. Shangbak Shimanowali.

Bingapore

Boerabaya,

sydney. Tientsia Tokyo. Trinami

Tringtan Vadivostock

Interest allowed on Current Accounta Deposita reostved for fred periodle ná istan to be obtained on applliation.ge

- Hongkong, 11th March, 1996.

Correspondents | in cities of the world

From Our Own Correspondènt,)

Pukkal, Kongmoon, May 25.

The first and second harvests of

THE CLOTH INDUSTRY OF

KEÄNGSL

Two kinds of cotton, cloth, says the Chinese Economic Bulletin

PEKING SYNDICATE HAS BAD YEAR

THURSDAY, JUNE 3, 1926.

to reserve account for redemption mercial character in the country of capital expenditure on the col, have been hampered by the mill- terles, loaving a balance of tary and political disturbances, 243,943, which had been added to and the syndicate has very the credit balance of $187,886 on materially suffered from these in profit and loas account at. June 30. common with all other similar un 1024, making a total of £230,329, dertakings. Immediately after the which the directors propose should data to which the report refors, be carried forward to the next namely, June 30, 1996; the mines account.

were alosed", down

owing to a Cool Output.

strike, and have not yet been re- opened.

·

all principal silk cocoons are very bad and the mills. in the city. During the win-1 fees, £49,520 58, 5d., and profit: onvious year. The sales were in 10,200 shares, at Tes per

Loana

Every description of Banking and Exchange business transacted. granted on approved securities.

SAFE DEPOSIT BOXES to Iet.

KAN TONG PO,

Chief"Manager, Hongkong, 22nd May, 1928.

Department of Commerce, The

The report of the Peking Syndf cate for the year ended June 30, 1925, which has been delayed owing to the general conditions of affairs. In China statee that the aro produced in Nanchang, capital | receipts. amounted to 290,824, com- of Klangel Province: conres, turn-prising interest on loans, deposit ed out by native loome as a house and current accounts, dividends on

The output of coal for the year |‚ hold... Industry" and "fins, wovon, by

The Bangbusthong Railway Com- against 655,858 tona for the pre-pany, with a capital of Tes. 765,000 modern machinery in the cloth shares, commission and transfer amounted to $11,397 tone, ON

ter months, when the farmors and collieries, $58,304. The expendi- 419,925 tons, as against 860,807 their families bave nothing to do ture on salaries and expenses of tons last year, the decrease being share, has been registered at the on their farms, they usually take

due to the continued shortage of paid up capital a Tes. 50,000. The London was administration (da to cloth weaving The cloth is

coal wagons, caused by the rail. the imported kind, or that turned China $18,808, making a total of tary, These conditione pravalled Bihadna, Phra Samak Rajakich, narrow and coarser in quality than $14,963, in Paris 1,304, and in ways being occupied by the mill shareholders are Phya Vorapongse

Bibadna, Luang

Learapongse out by the alty mille Cotton yarn £30,071. After transferring the throughout the whole of the year imported from Shanghai is used. amounts of 24,000 and £8,919 to under review, and very seriously om Luang Ying Reim Isarasena nu

restricted the transport of the coal There has been an epidemic and the finished product is sold to reserve against shares in other required for, the various depote sarasena na Ayudhya...

the city cloth dealers. The weav ing season lasts only for a few companies and debtors respective and marts. Under normal condi- months, from early winter to lately, there is left a credit balance of tions the sales would have con spring, when the rice-planting sea-

siderably exceeded those for the son begins. The wooden Jooms of

cellent market for the syndicate's previous year, there being an ex- the Nanchang farmers are of the

coal. crude, old-fashioned type. Each piece of cloth turned out is from 24 to 32 feet long and 18 to 20 inches wide (Chinese measure). The fabric is plain in regard to both colour and figures.,

farmers have suffered heavily..

Mulberry leaves (for feeding silkworms) are now worth "80⋅ to, 40 cents per picul (133,1/3 lbs) against $5 or $8 at this time last year.

among the silkworms, large nurn THE CHARTERED BANK OFbers dying rapidly just before the INDIA, AUSTRALIA & CHINA."spinning period.

INCOLFORÂTED BY ROYAL, CHAITER, 1858.

"

HEAD OFFICE: LONDON.

Paid-up Capital 9,000,000 Bosarve Fund...........44,000,000 Romerve Liability of Pro-

prietors

..... #3,000,000. FOREIGN EXCHANGE and General Banking business transacted.

CURRENT ACCOUNTS opened, and FIXED DEPOSITE received for 1 year or shorter period at rates whìch will be quoted on application.

A. EL. FERGUSON, Manager."

Hongkong, 15th April, 1983.

LJ

行跟商工法中

BANQUE FRANCO-CHINOISE pour le

Commerce et L'Industrie

Encorperated in France)..........

E, Chater Road, Victoria, Hongkong.

HHAD OFFICE: 74, Esa M. Lazara, Paris.

Capital

F20.000.000. F 11.160.000,- Special Working Capital... Tru: 50,000,000,

Paris

Saigon

BRANCHES

Lyone Haiphong

Hanoi

Paking

Canton Hongkong.

ฤ

Tlantain

BANKERS FRANCE: Societe Generals,

Baruyoy

NEW HANKOW TEAS ON

· MARKET.

According to the circular of trade statistics issued by the "British Chamber of Commerce, Hankow, for the week ended May 19 the piece goods market was dull with little Inquiry except or white shirtings. Prices were lower:

Important Export Item.. Nanchang collect cloth from the Between 40 and 50 dealers in

farmers and export the article to These neighbouring districts. dealers usually have the cloth smoothed, dyed and sometimes

The new ten crop is expected to arrive in about a week's time, The quantity of tea expected is said to be about 25 per cent." less printed before offering it for sale. Cloth forms an important item of than last year's production. The quality of the new teas is stated Agure being estimated at $2,000,000, Nanchang's export, the yearly to be good but this report comes The trade, however, suffered a 'not- from the native sellers and pro-back last year owing to ducers, and should be accepted. "with reserve. 2

In regard to the produce market no business was reported for last week and local market values" ure unchanged except in the case of wood oil, the tael price of which has been forced up on account of the scarcity of spot oil. Wood oil markets in America and Europe are dull with downward tendency. There is some inquiry from Europe for hides.

An analysis of exports from Hankow during the week under review shows that Shanghai took: -untanned gontakins 1,056 pieces.. vegetable tallow 1,639 piculs, raw cotton 30,597, beans 1,649, wood oil 6,709,

To other ports in China went: Nationale de Credity Banque de China grass 1,032 piculs, veget Paris of dee, Paya Bai.

able tallow 1,661. raw cotton 1.097. LONDON:- Midland Bank Ltd.

groundnuts 5,295, wood oil 7,678, NEW TOKE:- Irving, Bank Coin.nbi United Kingdom takings included,

Trut Co.

1;

Every descripth 1 of Banking and Exchange Harness Transacted. Corre spondants throughout the world.

A. BOLLIN, Manager,

Hangkang, 1st December, 1923.

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

Incorporated_by._Special_Imperiali Charter, 1890.

Capital Subscribed ́!........ Ten 45,000,000 Capital (Paid-up) Ym 89,875,000

HEAD OFFICE:--Talpah, Formosa,

BRANCHES: JAPAN:-Tokyo, Yokohama, Koba,

www.

Osaka. FORMOBA: ---- Giran, Kagi, Karenko,

Keelung, Makong, Nanto, Shin chiku, Taichu, Tainan, Takao,

Toen, Heito, Taito. CHIN Hankow, Amoy,

Foochow

Swatow, Canton OTHERS: Hongkong, Singapore, Soerabaya, Semarang, Batavia,

London," New

York

Bombay, Calcate

LONDON BANKERS: London County Westminster and

Parr's Bank

The Beak kue. Vorrespondente in the DommereLER, Centre in the Zaropena Cortinent, BaMN, XAR churia, Izpan, Japan, Indo-China, Ham, fadin Takilpylse falsani, JUTA, Ätrien, 10.

Interest allowed on. Oszrest Ansonste, and Fixed Deposita ho zaton which will bà quoted, an applic tlo.

T. TAKAGI,

-HONGKONG BRANCH:

Калаги

3. Des Vans Bond Curteal. Hongkong, 7th May, 1928.

wood oil 3,219 piculs, hen yolk 1,284, antimony regulua. 2,184, gall nuts 765, buffalo hides 495, antimony crude 998.

To America went:---untanned | goatskins. 2,535 pieces, vegetable tallow 2.066 piculs, gall nuts 1,065, wood oll 1,607, antimony regulus. 2,940,

W

France took:-China grass 1,206 piculs, seamum sced 1,680 wood oil 1.607, antimony regulus 1,680.

%

the

widespread drought in the Yangtze

Ayudhya and Mom Luang, Xuang

Returns prepared by the Liver- 462,440,, which is carried to proft

pool" Underwriters Association. and loss account. To that amount

were 33 ships listed as total show that, in February, there has been added the credit balance

Josses as compared with 12 in the of 25.582, being difference in ax The consulting mining engineer, same month of 1984 and partial change in respect of adjustment of in his report for the year under losses of 666, compared with 617 foating assets and Habilities in review, statos that the development in the same month of 1924 – Of of the works have the total losses, eight were due China; thus bringing it up to and progress | 169,022 "From this 21,079 has been as satisfactory as the politi- to foundering or abandonment, boon deducted in respect of de- 'cal condition of affairs in China | 20 to stranding, three to collision, preciation in value of investment, would permit. It is general know- } while two others were un». and £25,000 has been transferred ledge that all operations of a coms } accounted for.

Valley provinces. This ruined the Bed Sirloin crops of the farmers of the neigh bouring provinces and greatly | decreased their purchasing power. Another cause for the slump was the advance in the price of cotton yarn.

Nan-

The yam consumed by Nanchang weavers, is mostly of 16-20-count. A small percentage of the imported yarn goes to supply the towel weaving mills in the city. chang yarn dealers dispose of thefr stock either wholesale to the yarn dealers in neighbouring towns or retail to the farmers. Retailing a more profitable, because of the higher prices usually charged..

HONGKONG

MARKET PRODUCE.

APPROXIMATE RETAIL PRICES.

Capona, Large

meg

Eggs, Hen (cooking)......

Eggs, Hon (fresh)

Poultry.

April 28, June, June,

1926, 1918, 1914.

Cia. Clan C

ib.

45 30 33

·30

50

30

24 22 21

each, 80.

Butcher Meat.

April 28, Juno, June,

1920. "1918. 1914.

Ctr.. Ct. Clai

30

Prime Cut

Corned

W

中尾氣 ib::

牛肉

12%

Chicken

BY 28 12

Capone, Small

BT 28- $123

Roast

·B7 24 32

Duck

Breast

80 20

13

Doves

Soup.

.80 ·20 · ··18.

per doz. 86

Steak

**

24 92

新鮮雞蛋

40" 23

27

80 $5.

Fowls, Canton

**

50

.30.

40-25

20

Fowls, Hainan

per set 15

10

13

Goose

32

sach 90

50..60

Pigeons, Canton

each 80 30

·60

Head..... Esart

$1.00

· -·$1.80

+24

13

14

Hump, Salt

20

18

each 15

10

· 12

16

10 12

25

20 22

27: 18 14

7

Steak Sirloin

Sausages. Bullock's Braina

Tongue, fresh. Tongue, corned

Fest Kidneyi Tal

Laver

Trips

Cares Head & Fest

Mutton Chop

-Log

Bedd

Pig's Chithings

The Work of Dyeing. The course native cloth, after reaching the hands of the city dealers, is always 'dyed blue or green by the local dye-works. The dye stuff used in former years, when the supply of German" "indigo was cut off by the European War was produced from the local crops. Kiangat la an indigo producing pro- vince, the best-known growing centres being Lobus and Fuchow. Since the conclusion of the War, however, foreign indigo has again appeared on the Nanchang market, replacing the local product to a large extent because of its labour Fork Chop saving qualities.

Over 70 dye-works are operating

met" $1.20 $1.00 $1.00

能

28

25 26

52 24

Hotho

Turkeys, Cook Turkey, Ben Snipa Pheasant

Quai Partridges

Almonds

**D.

Fruits.

Apples California) 金山西業

Bananas (bride's)

Carambola '..

Cocoanute

Lemons, China

Lemons (America)

each

pair

༞སྶ9|ཤཱ་ཚོསྨསྟུ།ཡ།ཁཀྐུལ།

asde a THE

Shoulder:

50

하

40:

27

18.

36

Brains

Per set 8

24

P

Fest

20 18

4

M

ETY

40,

12

#

Hesi

24 20

Beach 19

to 10

1

Heart “Kidneys-

Liver

each 15 10

10

16.

7

10

8

ch

8

24

Lichoes, Dried

断枝干

31.

ր

42 24

28

Oranges (Canton)

新會哉機

Oranged

28:27

Peanuts

60 70

Heart va Kidney **-

8

Liver

50.

26

25

段

25

25. 22

Graper

88 20

18

·19.

Leg

群

Late

Fat or Lard

Sheep's Hand & Fest.

To Belgium went:-Gall nuts 1,806 piculs, sesamum seed 1,680 in Nanching. Their charge is now Germany took:-Cow hides exceedingly low, partly because of 1,287 picule, seasmum reed 1,680, the reduced cost of dye-stuffs wood oil 3,182, antimony crude through the use of imported indigo 1,344, antimony regulus 2,486. |ärd partly because of cut-throat

To Italy went Cow hides competition among themselves. Sucking Pige, to order. 1,797 piculs, sesamum seed 12,184. Most of the Nanchang dye works Sust, Beat

Holland took-sesamum seed lose money. It was only recently 15,120, wood oil 1,009.

JAPANESE SHIPPING.

Mutton

Bansages

Fish

that they decided to raise their Veal charges and to maintain a uniform rate of prices among themselves, Effect of Business Depression. The finer varieties of cloth are "Japan, le doing everything in turned out by the mills in the city. Barbel her power to develop and protect More than half a dozen such mille Bream her shipbuilding," said Captain. S. used to operate in Nanchang but Canton Tra Sharp of s.s. Baron Napler," a owing to business depression, only

Water Fish. tramp

steamer of the HH two, the Ta Sun and Li Kung, now Carp Hogarth Company of Glasgow, re-remain open, Two kinds of fabrics, Catal cently sold at Kobe to a Japanese sheetings table cloths, etc., and Coddsh trading firm, who has just return mercerized cotton cloth, are turned Crabs ed from the Orient over the out by these two mills. The Cattle Fish Canadian Pacific. "She has splendid yards, but the trading former is sold entirely on the Nan- Dab

chang local market while a part, Dace firms for some reason or other

about 40 per cent, of the latter is Dog Fish prefer British built ships. Therexported to other districts. These Eels, Conger Is already a tax of thirty-three two milis also maintain dye works

and a third per cent on foreign on modern lines and undertake to built ships and this will be in

Fresh Water Yellow

THE BANK OF CHINA Creased to fifty per cent. after the dye for the public mercerised yarn, Frogs

first of April. Japanese Arms can artificial slik etc., which the old Garoupa... build a ship for approximately 14 The To Sun, which has been in Herchi

fashioned dye worka cannot do...

Gudgeon pounds sterling i ton, while in 10 (Specially Authorised by Presidential Britain the cost is about 12 pounds operation for 15 years, is the oldest Halibut

Mandats of the Republic of Chi on the 22nd of November, 1917),

terling, which, with the tax, would establishment of its kind in the city, Authorised Capital

make a foreign ship come wall over It employs about 200 operatives, Paid-up Capital 118,278,500.00 the cost of the home product. Yet while the staff of the II Kung num- Reserve Fund man € 0,029,125.34 two ships of our line have beenbers between 60 and 70 Beside

$80,000,000,00

EMAD:"OFFICE1 ERKING.

HONGKONG BRANCH:"|

#dy Queen's Road Content” – Brancha and Bub-branch, all over China and Corpondents in Eure América, and other parts of the world. London Bankara:- The Naticani Provin

cial and Union Bank of England, Ltd. The Guaranty, trust. Company: od New, New York Bankas:

Irving Nations Banking A

taken out by British crews and sold these two there are five or six other

in Kobe and wa are now going billa running on a rather limited home to Glasgow to taks over an-scale: A few of them turn out mei other ships

cerised cotton; but the majority-

With Captain, Sharp tre Captain

en

ged exclusively

G. T. Thomson, whose ship sis, sheetings, table cloths, "Baron Folwarth was sold at small mills cannot Kobe, seven engineers, six cadata"yarn, and one wir

two big crossed the Pas on the "Em- do for them.

ara en route to prese of Asia

Sir Fri St. John to take pussuze on the

das operator.?!

The Equitable" Truck Compary of New | 5.5. "Montrose” for Glasgow

Tark

Interist allowed

and Fixed Deposits.»

Captain Sharp, who has travelled many times around the

making his first visit

greatly impr remarking

Swetter

told

另班 水

PASARSK | ## 8 - *** 8 8 8 8 !

་་བ་ ན་

Paure (Canton)..

Persimmons, Largs.

Plantain

Pamelo, Siam

Walnuts

Ark

Best Root

Bitter Squas Brinjais,

Cabbage, Chir

Cane Shoots, Cauliflower

Vegetables, &c.

ry, Chinasa'

Dried Red

Curry Stuff, Engilà

14. 20