1926-07-01 — Page 2

HONGKONG AND. SHANGHAI BANKING CORPORATION.

Authorised Ch

Resorts, Fur

Berfingula

Mitrer

#TAKBOOK

$120,000), (001)-

Reserve. Låsbility of Proprietom.7.#20,000,0

JELAD OFFICE, HONGKONG.

COURT OF DIRECTORS :--

$40.Mé Bozaurd;

UURİTET

Hon Mr, A. Lang. Deputy Chairma

W. H. Roll, Esq.

A. Compton, Raq, WI Patlondon, Ese.

AMOY

MANGKOK

BATAYLA BOMBAY CALCUTTA CANTEN

EKTROU COLOMBO

DAIRY

FOOCHOW HAIPHONG

STAM DIPEAT

G. M. Y

2. A.Plummer, kaq,

Ti&t. Wen, Req.

H, PADELS, BA,

Chalof Manager,

A. H. Barlow, Ka*

BRANCHES-mu

HANKOW

HARDIN

BONOKEW

110110

fr

SPOLI

JONOBE

KOOK:

KUALA

*LOMPOK:

LONDON

LYONK

MALAGDA

MANILA NAGASAKI

NEW YORK PEKING

PENANG. "KANGOON

MAILON

BAN FRANC1900

BHANGHAI

SINGAPORE

BOURABAYA

"HUNUET"PATANT

TIENTEIK

TORY

THINGTAS

VOKOIZAMA

Current Aspannte opened in benal Currency and Fixed Deposits received fr one year OT shorter perkik in Local Caresmay and Storilug on termi wbicli will be quoted on application,

flongkong, 7th sing, 1008.

HONGKONG SAVINGS BANK.

The Derival (hekahore Tank is dinated by the ONGIFO AND SHANGBAL -BANKING CORPOREJŪN. Balow may be

obtained an applian

":

FOR THE BOHONG "& BHANGHAL BANKING COILPOBATION

Hongkong, 27th May, 1990,

A. H. NATION...

Chief Manager.

BANQUE DE L'INDO-CHINE.

ابانا

HEAD OFFICE:

38, Boulevard Haussman, Paris.

THE BANK OF EAST ASIA, LTD.

HEAD OFFICE: HONGKONG. 19, Dos Vaux Road Central, Hongkong Authorised Capital $10,000,000 Fald-Up Capital' ........................ 6,000,000 Roserve Fund

1,800,000 BRANCHES AND AGENCIES:--- Batavia

Melbourne na Franco

Realti

New York Ponamung Oka

Bombay Naganti

Caloutta

¿Canton

Halphony Honolulu Kobe

Paria

Peking

Priang

Shnagbal Slagapers Boarabay Talpon

Kowloop

Londoa

Kangoun Saigon

Tioutala

Tokyo

Manila

Correspondents afties the world

all principa

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

SAFE DEPOSIT BOXES to let..

EAN TONG PO,

Hongkong, 22nd May, 1928,

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA,

CORPORATED I

BY ROYAL

* CHARTER, 1853.. ERAD OFFICE: LONDON.

Paid-up Capital

£8,000,000 Reserve Fund werden £4,000,000- "Busarve Lisbility of Pro-

•83,000,000: pristora#ANCIN

FOREIGN EXCHANGE and General CURRENT ACCOUNTS opened and FIXED DEPOSITS received for 1 year or shorter period at ratne which will be quoted on application.

A. H. FERGUSON,

Manager. Hongkong. 15th Aprill, 1985,

Banking business transactad,

行銀商工法中

BANQUE FRANCO-CHINOISE pour le Commeres et L'Industrie (Inoerperated in "Trance),

5, Chater Road, Victoria, Hongkong, HRAD OFFICH: 74, Rua 24. Lazurs,

Subscribed Capital. Ers. 72,000,000.00 Pald-Up Capital....FT. 68,400,000.00 Catal Reserve Fund.......Ers. 59,887,283.56 | merren

Bangkok Battambang

Canton

Dibond

BRANCHES:

Hol Rongkong Mengthe pamen Fort-Bayard

· Tiestein' Baiphong

•Pecifg · Togrene: Hankow Pom Penh Yunifie

P 20,000,000,--

11-160.000,

Special' Wovicing Capital ... Fry: 50.009:000,-

BRANCHES

Pond lobarry

· Shanghai ·

Paris

Lyons

Alugspore

Belgan

Haiphong

Poking

Hanci Shanghal Tienstain

Canton

Hongkong

IN FRANCE.Comptoir Nationi d'Escompte (Bearin;-Credit Lyoming. Bangus de Prris at das Para-Bag Credit Industrial et Commercial Bocials. Generale,

IN LONDON: The National Provindal & On Bank of England, Ledip Complai National d'Escompte de Parka Credit Lynaani

IN NEW YORK1, J. P: Morgan & Dag- French Arteriosa, Banking Lorangation; Guaranty Trust Co. of New York.

Interest sllowed Current Accounts and Fixed Deposits socording to arrangement,

Every Jaription of Banking and Krohauge Baginem transacted

A LEGOT, SM Manag. Hongkong; 11th Documber, 1986;

BANKEFE;

FRANCE Societe Generale, Banque Nationale de Credit Banque de Paris et des Pays Bas LONDON Midland Banks Ltd."

Hvary" dascripts 1 of Banking and Atchange Business, Treasseted. Corre spondent throughoes the World

THE CHINA MAIL.

COMMERCE AND FINANCE.

GERMAN TEXTILES.

Fewer bank ptcies and some in- crease in turnover show that there is, some improvement in the textile trades in Garmany especially in retail business and in the clothing Industry, dus mainly to spring busi ness, says the "Manchester Guard lan" of May 27. Retail sales have also been bigger this year in some directions than last spring.

“BUSINESS IN CANADA.

Ottawa, May 23-Business in Canada is gradually improving The cumulative total of commercial failures for the first three months of the present year gave the best showing of the last five yours. The figure for the first quarter of 192 was 464, as against 630, 774, 1,110. and 1,054 for 1925 1924 1923 and 1900 respectively.. Defaulted liabilities for the three months of 1926 were $36,938,058, as againet $8,628,251, $14,883,063, $19,674,767 and 318,492,847 for 1925, 1924, 1925 and 1922, respectively.

With the reductions in prices in almost every branch, the textile in- dustry has, again become able to compete abroad. and Interest in oxports is growing: last year too high hope were set on home trado. Thus defaulted liabilities are less There is still plenty of complaint than half what they were in 1924, of lack of business, but large soc-.1928 and 1902...

For the month of March alone, tions of the industry, and aspecially the spinners, did well in recent there was a decided decrease in the years. Last year most of the cot-number of assignments under the ton-apinning mills declared divid- Bankruptey and, Winding-up Acts, enda of 10 to 15 per cent. At 8 compared, with March. 1925. present this branch is in a bad Commercial failures numbered 135, way there is a great lack of or as against 198 in the same month ders, and most of the mills are only of the previous year and 144 in able to work three days a week. February, 1925, a decrease baing Grey goods manufacturers report noted in both comparisona. The The liabilities of the assigners amount- very few orders coming in ladios underclothing industry has ing. to $1,715,862, as compared with been passing through a very dif-38,940,270 in March 1925, and cult time. It is suffering more and $2,838,409 in February, 1925, also more from the change in fashion in showed considerable decline in both favour of silk and artificial silk un-comparisons. dorclothing. The cotton manufac› tirers are therefore' Anishing and selling their big Accumulations of grey cloth themselves; the former practice was to leave the finishing entirely to the wholesalers.

Fallures by branches of business, in March, 1928, wora

Trado-Trading establishments. constituted as usual a majority of the failures, 64 such assigning in March, 1926, as compared with 74 for February, 1926, and 112 in March, 1925, a decline of about 49 per cent. in this comparison. pa Manufacturers Manufacturing

„JAPAN STARTS: ANOTHER

RAILWAY,

"

THURSDAY, JULY

STEEL AND MOTOR STOCKS

1926.

HONGKONG TIDE.

New York, June 17.--Responding |・ The tido-table given below has Tokyo, June 17-The announce to easter money and favourable been obtained by aid of the Tides 'ment to-day of the completion of trade reports, stocks to-day spar-predioting Machine, which ins an agreement between Marshal of upward from one to elva valudes 40 components for the better Chang Tso-Hin and the governor points, both rails and industrials prediction of tides, from the à re- general of Chosen for the construc- advancing United States Steel suit of the analysis of the Hidal international bridge touched 139 and General Motors observations, taken at the Kaulung tion of an across the Tumen, river, disclosad reached 1474, the highest paint tidal observatory under the dires- that work had already been started reached in the history of these two tion of D: Doberck during the (on Japan's third railroad in Man-stocks The rails were Heavily years 1887, 1888, and 1889.

bought in the expectation of

The time and heights are given churia.

This road will connect Kirin and favourable legislation.Associated for Kaulung; but they may be used for the Victori. Naval yard and Pross Tunghua and will be in 'direct com-

Aberdeen, the differences being petition with the Russian-owned

very small. Chinese Enstorn Railway. It will

"Bangkok, June 11.—It is stated eventually be continued as fall as the Korean border and connect with that the Siamese Royal Mint was the Korean Railroad. It willpro closed for good yesterday, on ne vide a much shorter router to the count of the retrenchment scheme. son than the Russian road.to The machinery and building have Vladivostok and will inevitably been placed under the control of become an Important factor in the Government Opium Depart- The officials of rank and Russian-Japanese relations-Unit-ment. ed Fress.

a title, receive the sama privileges as others who have bean forced to resign. In other Departments, but the coolies or common labourers Fri. will each get one month's wages.-

i

There are more than 180 rubber factories in Japan. The growth of the industry has been remarkable since the end of the Great War. In 1918, there were but six rubber By plants. In 1917 there were 18. 1922 this number had been in creased to 152, and in 1922 the total stood at 180, where it probably remains. Few new businesses have been started in the slump which has prevailed in Japan since 1922.

行

The times of high-and low-water must not be considered to coincide

the

twa

with the time of slack-water and change of current, phenomena bjing quite distinct.

June 25 to July 1, 1926,

HIGE WATERLOWER, Vatan

Stsoord Standard

Et Tim

Times

DATE

June.

Bat

gsm 87.4m 1 612.5.

95.38 0.4 9A NA 49: 17-4-|m=9_9726 2011.0 Sun. 17 m 9 48.0 m 2.7 114 1 49.8 __m_«3_48 [2.8

$ 0.1 2,0

46

Tokyo, June 18-The Japanese Mon. Em Governmont has notified the Chin ese Government that Japan has Tres 450 m2 decided, with England, America, and Franco, to recognise the Wed. 345 40 m 5 21 31 Chinese Trade Mark Law, which Thu 21 41 m. 81. 8.

was enacted in 1923.

107.8

D4a 7174908

278.39 1.0

HONGKONG MARKET PRODUCE.

2

APPROXIMATE RETAIL PRICES.

lb.. in Beet Strioin ̧ pomena 4 *

A revival in the various branches of the woollen industry explains the Armness of the German" wool mar- ket both for merinos. and crossbreds. Some of the worsted mills produc-establishments to the number of ing clothing material have obtala- twenty-two assigned during March,"

with twenty ed orders enough to keep busy for as compared several months. The carded yarn February 1926, and thirty-one industry is showing more life, and March. 1925, a decline of 29 per the knitted goods and hosiery, in cent. as compared with last year. dustry at Apolda has much more to do. The commission wool com barg stocks of tops accordingly fel! from 4.775.000kg. at the end of March to 4,474,000kg. at the end of April, though this is the time of year at which the biggest deliveries of wool generally come in from The stocks of tops at the end of Aprift 1925, were 8,787,- 000kg.

• Overseas

never!

Agriculture Agriculturista as- signing in March, 1926, numbered seventeen, as compared with eleven: in February, 1926, and eighteen in March, 1926.

Other failures In March included four in construction, two in trans- portation, eighteen in service and.. two in mining.

TANAH MERAH ESTATES.

Poulty,

June 24, June, June, 1926. 1918. 1014

Butcher Meat.

June 24, June, June,

*1026. 1918 1914.

Ctr. Clas Cls.

86 24.

80

12 12

Chicken Capone, Small

#

Capons, Large

牛肉

'96 2$ 12

"

Duck......

80 24. 22

"

28 20

18.

Eggs, Hen (cooking)..

· 80

20

18

Eggs, Han (from)

*36*24.

22

新堂

Fowls, Canton

45 80 35

Fowls, Hainan

W

Prime Cut.md.

H

Corned. ····

Roast

#4

Breast

#

Soup

Steak

#

Steak Sirloi Sausages

19

Bullock's Brains.................

Tongue, fresh.

44

Doven

40 20 9:0

Geese

Pigeons, Canton

Hofhow

Turkeys, Cock

Turkey, Hea

Pheasant

Quell Partridges

per set 15

10

19

each 10

50 60

Tengue, corned. Hord

#

B0

+7

$2.00.

-$1,20

Heart

24 18

14

Hump, Salt Feet.

Snipe

38

18

ench 12

10

12

18

10

12

80 20 22

H

b. 24

18.14

".

8

.8

7

Bet $1.20 $1.00 $1.00.

lb. BB. 20

- 26

28

Л

52

24

19

50

'Almonds

40:

Per set 5

Ib.

24 15

Kidneys Tail Liver Trips Calves' Head & Fest.. Mutton Chop

Leg

Shoulder Saddle

The jute syndicate" was effective owing to the large num- It is stated by Messrs. A. R. ber of outsiders; now that it has Burkill & Sons, Shanghai, general been dissolved the principal works managers of the Tanah Merah loose working Estates (1916), Ltd., that the profit have concluded. NEW YORK - Irving Bank Columbiagreement, to which some of the for the year ended March 31, 1926,

Trust Co..

adhered amounted to T. 377,158.73 which, former outsiders have Minimum prices are to be fixed added to the amount of Tia. Restriction of production has a18020,627.89 brought forward from the "been agreed, on 'by 30 per cent. of previous year makes a total of

capacity on May 15 and 60 per cent. Ths." 397,786.62. After deducting | Pig's Chillings on June 1; this does not apply to the sum of Tls. 130,000 being-in- work, for export a condition of terim dividend paid on December great importance for the mills along 11, 1925, there remains Tls. the coast, half of whose produc: 267,786,62 at credit of proft and tion is at present on export orders.. loss account and the directors pro

Linen manufacturers are resist pose to recommend the following Hing the new flax spinners syndi appropriation-at-the-forthcoming-

A. BOLLIN, Manager. Hongkong, let December; 1825

NEDERLANDSCHE HANDEL | THE BANK OF TAIWAN, LTD.

MAATSCHAPPIJ.

(MITEDERLANDS TRADING SOCIETY.)--

ARTAMENTIS 1884.

- Kadamows: BuaNON BREAKLIMERS, 1901- -

sethazhand Capital 1,150,000,000 £12,500,00 | Pald-Up Capital 2,3, 80,000,000 £6,536,871 Reserve Fund, G. 20,295,861 & 1.711,600 peech Emery...4. 23,000,000 £ 1,06,4M HEAD OFFICE:—Amsterdam, MASTEEN HEAD OFFICE: Batavia. BRANCHES. adjammería. – Bandowing:

Charlie

Bombay Djember

The Hague Kobe

Palembang Pelong

·Pratlanak

Banering

Boerkberla

Soerakarta (Bala. Kjilatjaj... Wallsyraden

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

DESCRIPTIONA KAM TC. MAASSEN,

Acting Manxger.... Hongkong, 19th March, 1928.

THE

TOKOHAMA SPECIE

BANK LTD.

Established 1880.-

Capital (full. Dald-up) Yen 100,000,000 Résurys: Fonds" Yen 80,600,000

Haid Dica-TOKOHAMA,

Eranches and Agencies at:

Newchwange New York.

Rio de Janeiro.

Oisks

Feking

Bangom

Baigan

Battle Semarang Shanghai

don), San Francisco,

Hongkong: 113

Tiantain. Tokya

Tringtau.

TAIWAN GINKO)

Incorporated by Special Imperial

1: Charter, 1895..

Capital Subaribad Capital (Paid-up);">w

Zen 45,000,000 Ten 39,875,000

· HEAD". OFFICE:-Talpsh, Formosa.

BRANCHES;

JAPAN:--TXJ0, Yokohama, Kobe,

Osaka FORMOSA: Gitan, Kagi, Karenko,

Keelung Malang Nanto, Bato chiku, Talcher Tainan, Takao, Tamral, Toon, Betto

Tatto CHINA *-—- Changhai' Hankow, Amoy,

Foochow Swatow Canton, OTHERS. Hongkong, Singapore, Sourabaya, SemaTEN Batavia, Bombay, London, New York, Calcutta,

LONDON BANKERS: London County Westminster and

Parra Bank

4

The Bank hár, Comespondenta in the Commerolak. Contum. In the European Continent, Breda, MAR einria, Taingray, Japan, Indo-Chinn, Maza, Tadla, Philippine Irlandaj Jars, Afrion, 803

Internet allowed an Current Asconate, sad „Fixed)

· Daportul at eater which will be grate?'on applion tions),

T. TAKÁGL,

Miraget

HONGKONG BRANCHI

5. Des Varuz Road Central: Hongkong, 7th May, 1928.

To Pay a final dividend

#

#

·20 15

Apples California)

Bananas (bride's) Carambola Cocoanuts... Lemons, Chinm

Lemon (America)

Licheon, Dried.

*

Braing

Fest

2

Fry

Hond

80 20

"

Heart

each 13

10

10

Kidneyn

*

10 10

B

Abr

60

-26-

豆排骨

43 25:23

#

42

1

10

45 98

Tia.

1

Fat or Lard.

24 21

"

per set 90

80

то

each 12

16

28 50

13 10

Walnuts

25

Grapes

The

25 25 23

34 20

18.

50 98 24

18"20

19

40 20

10

"Sheep's Head & Fort. Heart

cate, arguing that the depression in annual general meeting of share Park Chop this industry is not to be cured by holders to be held on Tuesday, price arrangements but only by July 6 closing down the unprofitable works. But the German flax apin- ners have been so weakened by the years of depression and the heavy losses incurred through the price polley of the Soulet Government that the industry has for the time being to be protected from complete collapse, whether there is good ground for this in regard, to every firm or not. N

Interest in artificial silk bas con siderably increased, perhaps, due in part to the successful exhibition at the Leipzig Spring Fair. The res trletion of production resorted to at the beginning of the year has everywhere been brought to an end.

AN AGE OF NERVES

The Result of Present Conditions.

Have you noticed how overstrung and nervous people have become nowadays? A well-known physician says that half the patients who come to him are

of 12 tael cents per share (making 22 per cent. for the year)

off develop- To Write

ment account... To Place in general re

serve account....... To Write off buildings.. To Write off furniture To Write off live stock.. To Write off machinery To Write off wells and

water.

To Carry forward.

Kidneys

Liver ...

H 156,000.00 21,717.58

30,000,00 4,506.68 580.88 81.95 1,608:92

Sucking Pigs, to order. Sust, Reet..

„Dranges (Canton).

Omages

Pear (Canton)

Peanuts

Persimmons, Large Plantain

Pamato, Siam

Artichokes

Beats, Sprout

Long

Brinjals, Green

Cta. Cla. Cts.

60 30

ib..

55 08

"- 80

28

40

22

each

22 21

30

25

45 24 24.

per doz. 28' 18

*** lb. 75 38.

...

24

asch.. 35 30

30 28

61

白糖

海口

**

Fruit

標本金五花紅大

BEEPREZE

能

each

pair

. ៖ ឌន មុន ន ន | | | | | |

1b..

55

30.

Za

€ 4

12

t ཐཾ

៩៩៩៩ឌ -I នគន់ || [ { " f

anch 12 10 10

1b. 14 T

each @ 8

1b. 14 26 80

34

34

12.

24

12

each 22

Iby 16

Muttom

Veal

Vegetabla, &c.

! Barzagon

No. 1..

each; 10

Fish.

lb.

lb.

25

19

до

14 8

20

-20

Bost Root Bitter Squash

each 2

8

1b; 7

98.

18

18..

୫

0

42 18 48:12

Bed

#

В

5 B

Cabbage, Chinese

·84

20.

(Shanghai) •

11-1 18

S

14

55

28

30- -26

Cane Bhoots, bunch.......... Qualiflower (Large)

10 10 D

(Medium (Small)

10.

10

Carrota

18

Celery, Chiness:

10

18

Chillies, Dried

"Red"

22425 10

Green

$2 25

Carry Staff, English Carambars Garlic

.10

8

B

127.51 Barbel 58,264.20 Bream

Canton Freak 267,788.62 Water Fiali,

'Carp Tainan, June 18.—All the Chinese. Üstush banka here, in compliance with | Codfish the demand of the provincia? au-

Craba.. thorities for a loan, have already Cattle. Fish paid out sums allotted to them, but Dab... aa the local branch of the Bank of Dace China has taken exception to the Dog Fish... demand, the provincial authorities Eels, Conger have arrested the manager of the

Fresh Water bank. Consequently, members of

Yellow the local Chinese, banking, associa Frogs

ed sleep and headaches are only a part tion to-day hold an emergency Garoupa ...

THE BANK OF CHINA.ve-starved Restlessness, disturb

行銀國中

(Specially Authorised by Presidential

Mandate of the Beyalis of Chica

of what the victima suffer the worst meeting, and are now ondeavouring| Gudgeon | fa their agony of mind.

The right way to nourish starved to mediate between the authorities Herring acrven is to build ups

to build up your blood. You and the Bank of China,

|... on the 2nd of Novambar, 1917).2 can - quickly. this by taking. "Dr. Authorised Capital $80,000,000.00 Williams pick pill, for these pills Faldrup Capital 118,373,500.00 orente new rich blood, which feads and Beserve Fund

9,989,455.34 strengthens the nerves. The beneficial effect will soon become apparent in a

HEAD OFFICE: PERING.-

5. HONGKONG BRANCH:

4. Queen's Bond Central:

Halibut Labrus

The prospectus of the American | Loach, Publishing Company looking to the Lobsters founding of a new American news Mackeral

return of natural spirita, confidence, paper in Shanghat has been issued. Monk Fúk restful

eep and improved health The authorised capital stock will be Müllst.. generally

local currenez $500,000, divided, Oysters Among the many who have proved into 5,000 shares of L. C. $10 each: Parrot Fish the value of Dr. Williams' pink pille Mrs. D. A. Gray, of 114, Field Road, of said stock 4,000 shares amount Pere ning to L. C. $400,000 shall be com- | pika

ferred stock,

Branches and Bub-branche all'ovar Forest Gate, London, who says China and Correspondents in Europe Aril at I underwent an operation, mon stock and 1,000 shares amount Plaice Amerka, and other parts of the world which left me very waak.. I had no ing to LC. $100,000 adall be pre- Pomfret, Black London Bankers The National Provin strength, and was depressed and irrit cial and Union Bank of England, Ltd. able; I suffered from giddiness and The Guaranty Trans Company of New headaches, and was in state of

York New York Bathers: The Linnervous collapse: 1 could not sleep at

National Banky

Tork.

Interest allowed on Current Accounts and Fixed Deposita: Tamson on applicae

Pomfret, Whits Prawie

Bay

Peking: June 19A Peking des- ght. My sistor advised Dr. Williams' patch dated June 18 reports that Rock Fish The Equitable Trass Company of New pills: I felt the benefit. My colour came

pok pills and after taking a few of the certain American capitalists there.

Bosch back, and I grew bright and cheerful are said to be planning to organise Salmon As I continged with the pills, the giddlan Aerial Navigation Company Shark nevis and headaches disappeared and with a joint investment of Amer was able to sleep well and eat well itans, and Chlaese, in order to on my health wax completely establish four, serial routes in

·Alf ̈chém' of Dr. Williams, plok China, camels, between Fulden and pille, also post free $150 per bottle, Formoen Shanghal and Hankow, 58 for six bottles, from the Dr. Tientsin and Urga, and Poking and Williams Medicine Co 60 Klangae Hoad, Shanghai Nothing else will do Canton.

* Lowza preaved ex approval securition ci Special Position for Boone onchange,

TAUYSE PEL

པ་རད་ར་པ་ར་མ པ ན ཌ པ བ བ ས པ་

75 28.18

258 | 838-328

Mandart

桂林雞:

Ginger; Yeung

014

Borseradish, Shangba

Indian Corn

Lettuce.

Water Chestanta

Mushrooms, Fresh Okroes

Onions, Bombay

Green

Shanghai

Potato, Bwe

Pumpkin...

Radio!