HONGKONG AND SHANGHAI BANKING CORPORATION.
Auðngível Capıltal,
Domed kant Fully Pafd-up
Honorve Pupin
THE BANK OF EAST ASIA, LTD.
HEAD OFFICE: HONGKONG. 10, Dos Vax Road Central, Hongkong. $10,000,000. Authorised Capital
5,000,000 1,200,000
BRANCHES AND AGENCIES:-
320.oda, pan
Paid-Up Capital
Reserve Fund
Batavia „Manila
Salgen
Bombay
Calcutt
Molbourne Yagnank
Son Francisco
Puitflo
Canb
Haiphong. Danks
Honolulu
Paris"
Kobe
Poklog
Stanghal Stukoro Seuraiya Tripol Tientsin
Romerva Tdicity of Perpolature... 1820,POLNA
J
HEAD OFFICE, HONGKONG.
11
ART OF DIRECTORS:
Then Mr. 1, 14. M, Bursaid.
Co
Tice. Mr. A. i, Twymi, Deputy Chäbman.
W. 11, Hard, Koop All. Frostpšen. Walk W. 1. Puttenloss, Baq.
AMOY
HANDSOE HATAYIA
ROAIRAY
CALENTTA
CANTON
CHA 41,03842 TAIKKY
FULCROW
HAIPHONG
HAMBUR
BANKOW
HARHIN
HONGNEW
HOU
JPOSI
JOKORR
KOBK
KUALA
AMPER
al. A. Plumtues, Kel
T. 03. Wendi, Be.
11. P. Wile, Roses, GM. Fang, Krai
i'ls[, t&zer',
A H. Harlow, Em, BRANCHES:w
LONDON
LYOSN
MALACCA
MANILA
NAGASAKI NEW YORK
PEKING
PENANG RANGOUN SAHION
BAN FRANCISCO
MHANDHA!
SINGAPORE
NOBRADAYA SUNGHI PATANI
TIESTOIN
TOKYO
TSINUTAD YOKOHAMA
Current: Accounts opamad. m Loen) CarrANCY... anil Pixosh Deposita recored for one year or whorike peeleta în Leonid Currenay and Sterling
Co whhel will be quated on appliention. dingkong, 27th May, 1000,
h
HONGKONG SAVINGS BANK.
Then af tam above Bank le enzo charted by the ONGKONG AND KUANOHAT HANKING CORPORATION, Hules may he
FOR THE HONGKUNGA SHANRILAI- BANKING CONMORATION.
Hongkong, May, 1930.
A. H. Barlow;
htof Manag
BANQUE DE L'INDO-CHINE.
HEAD OFFICE:
www
Now York Benerang
Kowloon Perang London
Kangoon
in
Tokyo. Correspondents ail principal cities of the world
Every description of Banking and Loans Exchange business transacted. granted on approved securities.
SAFE DEPOSIT BOXES to lot
KAN TONG PO.
Chief Manager. Hongkong, 22nd May, 1924,
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.
INCORPORATED BY ROYAL »
CHARTER, 1855.
HEAD OFFICE: LONDON,
Paid-up Capital £2,000,000 Reserve Fund...$4,000,000
its of Pro- Every Liability
prietore......$8,000,000 FOREIGN EXCHANGE and Seneral Banking business, transacted..
CURRENT ACCOUNTS opened and FIXED DEPOSITS received for 1 year or shorter period at rates which will be quoted on application.
A. EL FERGUSON,
Hanager.
Hongkong, 18th April, 1995.
行銀蔺工法中
pour l'e
BANQUE FRANCO-CHINOISE
Commerce et L'Industrie (Incorporatul te Frames).
5, Chater Road, Victoria, Hongkong.
HEAD OFFICE: 74, Xu« B. Lazaro,
96, Boulevard Haussman, Paris.
Subscribed Capital Frs. 72,900.000.00 Paid-Up Capital ....Fr. 88,400,000.00 Reserve Fund....Fra. 50,667,288.54 Capital
Bangkok
Battambang
Canton
Dijbout!
Haiphong
Hankow
Fort-Bayard
Fra 20.000.000,- Resorts em
F 11.180.000,- Special Working Capital 50.004.000,-
BRANCHES:
Hanoi
Mongiza
NODIEMS
apoeta
Peking
Prom Poth
ANKKIEG
Ponileberry" Hongkong" Saigon
Shanghai Singapore Tiental
Thorine Yoonkafu
BRANCHES
Paris
IN FRANCE: Comptoir National d'Escompte du...arin; Credit Lyonnale; Banque de Paris et "doe Paya-Bas; Credit Industriel'or Commercial
Societe Generale.
IN LONDON: The National Provinsial' &. Union Bank of England, latå. ; · Compteir National d'Escompte de Paris; Credit Lyýantis
IN NEW YORK: J. P. Mora & Co. | Tremob American Banking Corporation Guaranty Trust Co. of New York,
Intero: slowed on Current Accounts and Fixed Deposite socording to arrangemari.
Every description of Binking and Exchange Basin transolet
A. LECOT,
Manager. Hongkong, 11th December, 1925.
NEDERLANDSCHE HANDEL MAATSCHAPPIJ.
(NETHERLANDS TRADING SOCIETY.)
BUT AMLINED 1994.
Bonerows BraÑOH, ESTABLERIES 1904..
Marmorille Hanoi
Shigon Hilphong Peking Shanghai Mentzin
Canton Hongkong,
BANKERS:
.. " FRANCE Bociete Generale, Banque Nationala da Credit, Banque de Paris er das Paya Bas.
LONDON: Midland Bank Ltd.
NEW YORK: Irving Exnk Columbus
Trust Oo.
い
Every 'descriptie a of Banking and Exchangs Baritons Transacted. Corre ependents throughout the world.
A. BOLLIN, Manager. Hongtong, let Desember, 1825.
THE BANK OF TAIWAN, LTD. (TAIWAN GINKO).
Incorporated by Special Imperial Charter, 1895.
Yan 45,000,000 Capital Subscribed Capital (Paid-up) Ye89,375,000
HEAD OFFICE:-Taipɛb, Formosa,
'BRANCHES:
THE CHINA MAIL.
COMMERCE AND FINANCE.
THE SHANGHAI EXCHANGE MARKET.
The "N.-C. Daily News" of June 10 writes:-
SHANGHAI COAL MARKET IS QUIET.
Japanese Prices Are Stopping Business,
NEW SUBSTITUTE FOR
WOOD, "
While nothing can excuse the pro- digne waste of lumber in America during recent years, it is worthy of
note that a "now" source of wood Bubatituta has been discovered in
the waving fields of sugar enne. Synthetic wood is being mudo, that Japanese high prices are respons, from crushed cane stalks after sible for not much business being the sugar has been extracted. This done in this kind of wal accord new industry is spreading from the ing to the report of Messrs. centre of the sugar country in Wheelock and Co., of June 10- Virginia over the valley of the Mississippi, and it is reported that from спе
Silver prices during the week ending June 5 remained praetantly stationary at 31.1-16 for ready and forward, New York quoting 654 cents. India Bgured as buyer of bar silver (principally bears covering their position) while
Japan Coal-This market re- China, and to a lesser extent,
mains quiet and there is very
$8,000,000 canewood America, Alled the requirements. little doing outside of the usual plant in that region more than Cabled advices from London spenk deliveries under annual contracts, 200,000,000 feet of wood substitute pessimistically about aliver prices; as a matter of fact, Shanghal had at the same time there is a certain is being shipped out in a year. had nests for abroad about the amount of enquiry going on from his potential scarce of "lumber" tendency of the white metal for native dealers who buy from a known technically as bagaane, owing to the and it has been tried and found "hand-to-mouth". the pust three months, but so far shortage of Chinese coals on the wanting in a number of other direc- the predicted break has failed to market but not much new busitions. It is a troublesome waste materialise, Instead quotations
ness has been done owing to the product and the attempt has been have remained remarkably steady; high prices ruling in Japan, high made to utilise it as fertiliser, live and with the China export season freights and low exchange, all of stock food and fuel, but without ahead of us, are not unlikely to
SUCCERS. Now it seems that not advanco. Hongkong has continued which tend to make business very only has a use been found for it,
to aond orders to Shanghai for the anle of gold currencies, mostly for early delivery.
There was but little done during the week by merchants in the way of exchange settlements. Imports are not brisk, and deliveries aro motoricualy poor, the excuse being the approach of the Dragon festival. Although there are "no large import transactions to ba looked for in the immediate future, it should be borne in mind that the total of deliveries of imported cargo paid for in taels, but not yet fixed in the original gold, cur- rency, is considerable. Chinese dealers are waiting for higher) rates, and when these should come there is likely to be a heavy de-
| brand for gold currencies.
Position of the Dollar. The provincial mints remaini closed for silver coinage. On June 1, the afternoon market produced a quotation of 71.20 taels for 100 ailyer dollars, the lowest rate known and far below cost of pro- duction. Naturally there is n limit to falling dollar prices, be
below 70.80 cause if these sink taels per 100 deliurs, it will be possible to melt silver dollars and convert them into sycee.
Hongkong Influence.
Local rates of exchange at which business was actually transacted during the week were stationary at 2/11 for June delivery and 2/11.5-8 for October, U.S. $ were done at 71.15-15 for neur and 72.1-16 for forward. The middle rate for yen wus 65% for August de livery.. The highest gold bars quotation was 320. be lowest 317.
difficult.
No change is reported in Fushun Skantung, Fushung and Kalping coals.
Erices: Japan Coal:-
per toa ex
wharf.
Tls.
Miike, dust. Kishima lump Takamatsu lump Takao lump Fushan Coals
8.90...
11.90
7.90
7.40..
per ton ex
wharf.
Tla.
8,00
9.40
11.00
Dust.... Kirigomi Lump-
Kaiping Coal-
but an exceedingly great need la in process of being met thereby.
F.M.S. trade flourished exceed- ingly last year. Its aggregate value was eighty million dollars more than in the trade boom year of 1920.
per ton exBnet Sirloin
wharf. Tla.
No. 1 lump unscreened 10.00, No. 2 lumap.unscreened 8.00 Nuts unscreened Special slack
No. 1 slack
Special coke Fuching (anthracite) Coal
"
Dust' coal Screenings
Formosa Coal:-
#
Roust
THURSDAY, JUNE 17, 1926.
NIPPON YUSEN KAISHA,
Tokyo, May 30-Speaking at the semi-annual meeting of the shareholders, the president of the Nippon Yusen Kaisha, in referring
HONGKONG TIDE.
I
been obtained by aid of the Tide The tide table given below - has predicting Machine, which cludes 40 components for the batter prediction of tides, from the re
The times and hoights are given for Kaulung; but they may be used for the Victoria Naval yard and Aberdeen, the differences being very small.
to the amalgamation with the fault of the analysis of the tida) Toyo Yusen Kaisha, said that the tidal observatory under the direc observations, taken at the Kaulung net profit for the half year end-tion of Dr. Dobarck during the ing March 31 (scal year) of Yen yeara 1887, 1888, and 1889. 285,000 showed a considerable, in- crease; due to increased cargo passengers, retrenchment of out lay and the recovery of the Yen,
Owing to stagnant conditions in the shipbuilding and shipping. trade, there are no signs of re covery, and in view of the condi- tions in Europe, the president warned the shareholders to pre- pare for a continuation of adverse conditions for some time to come. Be advised the issuance of de bentures limited to thirty million yen for the construction of three new vessels for the Far East and San Francisco route.
u
The times of high-and low-water must not be considered to coincide with the times of slack-water and change of phenomena, being quite distinct.
current.
the
two
June 11 to 17, 1928
HIGH WATER LOWER WATCH
Standard
Times 日本
DATE
Standard June
Times
17 7.8
Fri 11)
Bat.
Ana. 13 Mon. 14 118 1.8
2:51
19 m 9437:9 m3 1930 6.90 a 0.8 m 0
3.9 7,1 H
Calcutta, May 31-The General Electric Company, India, Ltd., has secured one of the largest orders for electrical plant ever placed in
1047 6,8 Indla. The order, relates to the Taos 16 m 2 39 37 complete equipment for the new
in 11/1986- power house in Lucknow, for the Wed 1 o interior high East Indian Railway, valued at Thurs 17: No interior high £22,000.
ww
1 48 13.3
4 193,4 610.9
4be3
HOT LOW
2011.04 1
8 33"
|water
nor Law $41,8
HONGKONG MARKET PRODUCE.
APPROXIMATE RETAIL PRICES.
Butcher Meat.
咸 燒牛湯牛 牛
#
Cta. Ct. Cts.
June 18, June, Juno,
1926. 1918, 1914.
牛尾汤
Prime. Cat
36 23
80 24 12
12.
Chicken
Capons, Small
Corned
38 23 12
"
4
00 24 22
Duck
80, 20 18
30 20 18
30 24
22
Eggs, Een (fresh)
ду
46 39
36
40
26
20
par set 15
10
12
each 85
50
60
..
60
"
//$1.00
-$1.20
Tb. + 24
18 14
38
20 18
each 15
10 12
15
10
12
30 20 22
Quall,... Partridges
Stask
Steak Sirloin
Bullock's Brains
Tongue, fresh. Tengue, corned
Head
Heart
Hump, Salt
Feet
Kidneys Tail.......
· Liver
"Calves" Head & Fort..
Tripe
lb. 24 18. 14
B &
met $1.20 $1.00 $1.00
Poultry,
June 16, June, Jung, 1026. 1918 1914.
Cta. Ct. Ct.
Ib. 60 30 $1
56 28 80
肥識
00
30
45 22 21
وہ
28
oach - 22 - 21
per doz. 24
18.
新鮮類
30 25 20
1.
88
24
24
24
50 -24
sach 56
30.
88
28
Capons, Large
Doves
Eggs, Hen (cooking)..
Fowls, Canton..
Fowls,
Geese
#
Hainan..............*⠀⠀.»
Pigeons, Canton.
Bollow
Turkeys, Cock
Turkeys, Hen Suipe... Pheasant
**
RZESKKÜR BØGERRAN
རེ འར འཚོ་དཤ འཚོལ་ནན་
anch
pair
48284 | 28-2983 811 HIT
Breast
*
8.50
#
Soup
7,50
"
6,50 18.00:
"
» Bauzagas...
per ton ex
wharf.
Tla.
7.50
10,00
per ton ex
wharf.
Tls.
Dust
7.60
Kirigomi Lumin
.9.50
10.00
Mutton Chop
Ing
Shoulder Saddle
150 24
精肉
50.
Pig's Chitling
40
lb.
#.
Brains
Por sot 5
Fest
lb.
24 13
6
#
Fry
M
*24 25 18
Head
30.
20
each 12
10
n
Heart
each 15 10. 10
Lemons, China....
- ib.............. 15.
7.
H
Kidneys 4.
10
10
Lemons (Amaries)
esch 6 3
Liver
lb.
60 80
Lichten, Dried an
猪排骨
25
.23
* 40
Oranges (Canton) Oranger
#
M
45.. 28
27
242 21
Pears (Canton) Peanuts
per set 90 80. [20:
each 12
8 T
REVIEW OF SHANGHAI EXPORTS.
Park Chop
*
Loin.
Fat or Lard
Sales of gold currències, on be half of Hongkong, for ready de- livery, continued to be effected here during the week under review.
The lengthy and interesting Much speculation was rife as to what these sales might mean, and return of trade statistics issued the theory was advanced that with regularly by Mr Edwin S. a prospective settlement of the Cunningham, American Consul- strike the Canton Government was General in Shanghai, for the month likely to obtain a loan from Hony-of May is just. to:
hand. kong. The explanation for Hong- Summarised, it shows the following kong's continual sales in the Shang- results:
During last month exportato tho bal market (these may easily have
W sent: aggregated a million sterling dur value of $3,679,839 were ing the past two weeks) may be from Shanghai to the United Step's Head & Fort.. sought in the excessive, native in. States. The most important items terest rates prevailing here recent and their value word-raw silk ly, which compelled local Canton 1556,298, wild silk 430.719, goat and kid skine 684,886, egg albumen merchants to obtain funds from MASTERN HEAD OFFICE: Batavia. FORMOSA Giran, Kag!, Karenko, home, in order to pay back ad- 182,792, weasel fura 233,700, in- Keelung, "Makong, Nanto, Shin-vances to native banks here, and testines 100,048, cotton embroideries. chiku, Talcha, Tainan, Takao, thus he spared the imposition of 163,816, waste silk 145,862, pongee. silk 78,096, hair stumpa" 54,084, NA: Shanghaitow, Canton
an exorbitant interest Hankow, Amoy, CHINA
human hair nets 29,402, 'sheep's Frocho Hongkong
amounting to 20 per cent. per wool 42,824, woed oil 30,148, buffalo OTHERS
Singapore, annum, and at times even higher. hides 22,180, sheep and lamb skina. Soerabaya, Semarang, Batavia, Tientsin and other outports are 20,508, raccoon furs 30,240, feathers Barbel Bombay, Landon,
shipping syeee to Shanghai, in or 56,937. The above value are all Bream Calcutta...
LONDON BANKERB:.
der to proft by the abnormally in United States dollars. London County Westminster apd high tail money rates.
Parr's Bank
J
authorland Capital @, 150,000,000 £22,500,08. Paid-Up Capital...G, 80,000,000 % 0,800,070 Reserve Fund... G. 20,590,981 £ 1,711,400 più. Special Bouryor...G.. 22,960,000 £ 1,290,880 || JAPAN:-Tokyo, Yokohama,
HEAD OFFICE:—Amsterdam.
Bundjermanie Caletta
Djoka karta Kota-Badļa
Padang ?enade Rotterdam
Ang per
Tagal
BRANCHES:-
Bradowag Bombay Cheribon Djumber
The Hague Kobe
Maesar Medan
Palembang P.ntianak
Samsarang
Boerabaja
j
Pecalongan Rangoos Ebanghai Boerakaria (Sale
Weltevrede
LONDON BANKERS:- National Provincial Bank, Ltd. Correspondents all over the world .. BANKING BUSINESS OF EVERY DESCRIPTION.
Quats.
Tamaui, Toen, Heito, Taito.
Kobe,
New York
The Bank har Correspondents in the Comsencia.
Centres in the European Continent, Rain W ohnzia, Twingino, Japses, Indo-China, Bless, India, | Philippina Islandi, Java, Afrios, ke.
Interest allowed us Ourrent deccante; and: Exte·1
4
J. C. MAASSEN,
Heposits at rates which will be proted on apa Acting Manager.tion. Hongkong, 10th March, 1926.
T. TAKAGI,
Manager.
THE
YOKOHAMA SPECIE
BANK, LTD.
Established 1880.
Capital (full paid-up) Yen 100,000,000 Reserve Fund
Yan 86,500,000
Head Offes:-YOKOHAMA"
Branches and Agencies at:
Sombay.
Jalcutta.
Canton.
Changchi.
Dairen (Dalny),
Newchwang.
New York
Onaka.
Feking
Rangoon
Rio de Janeiro.
Saigon
Seattle. Semarang. Shanghal
Tangitan (Mukden). San Francisco,
Hamburg.
Harbin
Exi Tron Carecht
Honolulu
Kobe, London.
Mania Nagasaki,
Shimonoset Singapore
Soerabaya.
·Sydney, Tientsin Tokyo Tainantu Taingian
Vladivostock
Internet allowed on Current Accounía Devosita received for fixed verlody na stas, ka Ba'abtained on application.
GARIMA
Hongkong 11th March, 1986.
HONGKONG BRANCH:
3. Das Vont Road Central. Hongkong, 7th May, 1926.
rate.
China's Foreign Loans and Silver Prices.
Heart". Kidneys. Liver
Socking Pigs, to order. Suet, Beat....
.N
R RRERSBRDZEE÷ERKERBELEGR92B÷EABECERÁÐSEKERERA
25
lb.
65 26
25 26
15. 12 10
28.25 .25 25 22
БО
Almonde Apples California) Bananas (brida'u) Carambola
Cocoanuts
Fruits.
b. 30
30
42
24
24. 10
12
Persimmons, Large -
Plantain
Pumelo, Siam
each 28
Walnuts
Grapes
34 20
18.
Veal
Mutton
Sausages
50 20 24
36
20
19
40 20
· 20
No. 1..
$2
Fish.
Canton Fresh-- Up to the end of May 1926: the-
Water Fish United States imported from Carp Shanghai goode to the value of Catfish G.$26,058,886 compared with goods Codfish to the value of 6.523,737,078 during Czaba the same period In 1925, ********
Cattle Fish During last month exports from
Dab Shanghai to the Philippine Islands
D'aca totalled G.$206,911 and to Hawaii G.$7,076...·
It is unnecessary to dwell on the direct relation which exists be tween China's foreign loan obliga tions and the trend of exchange, seeing that the former constitute a large portion of the country's in visible imports. In our last week's repart we stated that (in round figures) payments during June.on account of China's sucured loans amount to $1,450,000. This figura The Bank of Japan's advances on la authentic, yet it needs com May 25 stood at 252,945,000, an ment, It represents direct obligu increase of 12,878,000 over, the (Specially Authorised by Presidential tions, but it would be idle for any previous day. The note issue was
THE BANK OF CHINA. 行銀國中
Mandate of the Repable of China body to prophesy whether thers YI,106,894,000, Y11,201,000 higher.
on the 2nd of November, 1917); might be defaults or not; this dam Breve Authorised Capital Lake. $80,000,000.00-only be determined after the due Paid-up Capital $18,378,600.00 date has passed. But mention Reserve Fund
HEAD OFFICEŰ PEKING.
HONGKONG BRANCH:
VES/TEGNE. KEESK EEN VECES ET DE BIG DIE BE
19:24 20
18'
:12 0:
Vegetables, &c.
each 10
Cauliflower (Lażny)
10
(Small)
Carrota
竹菜角到瓜瓜瓜東菜鲜花花花鲜菜千椒椒鳥瓜霋 米本麟糖塞
42 18 27
24, 20
23. 80. ""*16 76 28
16 10
70 32 25
Artichokes
Beans, Sprout
-Long
Beet Root...
Bitter Squash...
Brin/slu, Green........
Bed Cabbage, Chinese
(Shangbal)
Cane: Shoota, bunch
(Madium. **
Celery, Chinese
Chillies, Dried.
Red...
Curry Stuff, English Cucumbers
Garlic
Ginger, Young
Harsoradiah
Indian Corn Lettuce
Water Chest
Mushrooms, Broa Okross
Onions, Bombay
Parsley
Green
Shang
臭
紅花椒
72 40
30
Dog Flak Eals, Conger
鐵肚沙
Fresh Water Yellow
淡水魚
30 10
20
Frog Garoupa
Gudgeon
Herring
Hallbut
Labris
Losch
Lobujare
exchange by instalmenta at various Mackeral
9,482,425.24 ought to be made of another factorates, so that on the day when the Monk Pa
concerning the June total - The amount of £661,480 for capital reettlement falls due the larger Mullet payment and 187,010 for Interest Portion will have been disposed of Oysters duo on June 11, is included in the already. This practice relates Parrot Piah above total. These two items re we have reason to bellevo-to the Perch China and Correspondents in Europe, fer to the par cent. Gold Loan large item of nominally about Pike America, and other parts of the world of 1895 for Franca 100 milion 4750.000 due for settlement on Pla London Bankers: The National Pravin which sum, ut gold parity, repre
cial and Union Bank of England, Ltd cented then £15,800,000
4, Queen's Road- Centrális
"Branches and Bob-branchas all over
None of the International ex change rates call for comment, ex- 28 cette ench
The Guaranty Trust Company of New Now the Chinese Government in
York New York 2 Bancarat me The Irving | Lvailing Itself of the right teren
National Bank
der payment in the original cur reney, which means French franc
one time during the and these haya sinco copaldar- to 148 ver ably depreciated the total taal: lopaed
The Equitable Trust Company of New
York
Internet allowed on Unrank Accounts amount required to meet the bay vary and Fixed Deponina: Zarma on appli
tion, and
:: Ivary descripties of
zewn truanneted]}{
„Loans glazbed
ment will mee
sertain deg
but
Rock Figh
白情
20
花班吉
Green
Potato, Sweet
Pumpkin
Radish
Rhubarb
18
each 2
A. &
8
A
10
25 28
18 20
.8.
12
10
10
10
esch
4
12:
...
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