1926-07-22 — Page 2

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HONGKONG AND SHANGHAI BANKING CORPORATION.

„Sutkisst fæed that pital

statal Faily Tambay

1: ANA

Hilver

Rovers Lablity of Proprietorn », »«82%90%, plks

THE BANK OF EAST ASIA, LTD.

HEAD OFFICE: HONGKONG. 10, De Vaux Rond Central, Hongkong: Authorised Capital

.$10,000,000 3,000,000 1,200,000

BRANCHES, AND AGENCIES:-

Melhor a Frucinco,

Cher

Paid-Up Capital

Reserve Fund

Batavia

Rhy

Sanx

Bentle

Calonila

Must York

S

Canton

Haiph

L

www.

title

Paking

COVRY AT MAKECTORS -,

Kobe

Penap

Talpel

Kawloon ..

Lorulet

Kongoun Radgon

Tiente in Takyo

Manba

HEAD OFFICE, HONGKONA.

loon Mr. D. 1. M. Her

Chairman.

W. 1. Bolt, m

Hos Mr. A. O, bath

Deputy Chai

A, 11. Dumptun. Reg

W. L. Papuleri, Ken

A SHOT

BANDBOK BATAVIA EBAY CALEUPTA

"CANTON

K CARGMAN DAIREN

LUAT PIRONI HAMBURG

#580M HAKUN DONDERW

11. AN

JONÄRE,

ROBE

KUALA

Jika Pasmane. Puck

1, D. Well, Beg

FOR

St. Young. Kup

tuled MangaT

A, 1 Barlow, Lau

LESPERS

and Red Dri

BRANCHES. -

LONDON

GYONN

MALACCA

MANILA

NARASARI NEW YORK

PERISC

PENANG

*KANDAMAN

SALMON ...... MAS FRANCESET

SHANGHA

SINGAPORE

SOUTELA ILAYA

SUNGRI PATANI

PROSTHAN

PAK YO

TSINGTAO

NOG OBAMA

Klaun tala ponteté in Lord Passerary, and Shering

Bin kung 15 May, 1995

HONGKONG SAVINGS BANK.

אליין

Correspondents vities of the world.

Shnugu! S{tngeL »r¢

all principal

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

SAFE DEPOSIT BOXES to let,

KAN TONG PO,

Chief Managar. Hongkong, 2nd May, 1928.

*行銀商工法中

BANQUE FRANCO-CHINGISE. pour le

Commerce et Industrie Incorporated in Franczi

5. Chater Bond. Victoria, Hongkong.

COMMERCE

SHANGHAI SHARES.

Increased Activity in Rubber.

THE CHINA

MAIL.

AND FINANCE.

Mosers. Douglas Fleming & Co. in their weekly report and their views on the state of the market, dated July 10, styte:--

con-

|

ne doubt that a shortage would "no- poar at the end of that year, so' helders of rubber sharos should have no fear of a slump in the raw material.

SHANGHAI DOCK & ENGINEER-

This week has seen quite an active market compared with what we have been experiencing since.. the March settlement. The genuine demand for rabber shares tinues and buyers appear to have at inst made up their minds that if they want shares they must pay for them, and in consequence a few more shares have been coming out, though there is stili a defined scarcity. September business has been put through more extensively, Cough the premium on some shares amounts to as much as 20 per cent. a good chance for those who like to turn their money over..

The Greatest.. Advances....... The most appriable advance has been in Anglo-Javas which lenped from Tis. 11.20 ensh to Tls. Ziangbes. fura 11.90 September. come a hand as high as Tis. 10 for! September, a difference of 50 cents Kota on the cash buying rate. Bahroes which were obtainable at „Frx 20'000.000,- Th 2.10 on Tuesday were done on These should Fog 11.000,-Friday at Tls. 2.25. Spevini Warking Capital Froot 000hp regend-buy-md-they-are-alune

HEAD OFFICE: 74, Ruo St. Lazare,

Expital

Remorses

Paris.

BRANCHES:

Lors Marseilles Haiphon

Tientsin

Puris

Saigon

Peking

U Busines of the alrar Bans le con

by VONGKONA ANDESCANDIENT PANKING CORPORATION. Raul mag t

POR MIK BONARINK & SHANGING BANKING QURUPLAR ATLAS,

Canton

Shanghas Hongkong

Hongkongtha May, 1929,

A. II. Barlow,

Cider Manag

BANQUE DE L'INDO-CHINE.

HEAD OFFICE

36, Boulevard Bussman" Paris.

BANKERS:

FRANCE-Societe Generale, Banque

National de Credit, Banque de Paris et des Pays Bas

LONDON: Muhand Bank Lid.,

7

May

company and will be paying a final dividend shortly. There is an ex- tensive inquity for Batu Anums and Repahs, beth at which undergo a small "ramo." "Chemers on the upward once again are

rend, and shares are unobtainable at Fls. 2.85, and Tls. 2.75 has been quotest, for September

ING CO., LTD.

Dividend of Eleven Per Cent.

The net profits of the Shanghai Dock & Engineering Co., Ltd., for the year ended April 30, 1926, in cluding the amount brought for ward are Tls. 559,639.50, which the directors will recommend at the forthcoming annual meeting dealt with as follows, Viz:--

Pay a dividend of 11 per

cent. Carry forward to

account

e

Tls.

465,400,00

101.259:50

Tis. 559,859.50

new

CANADA'S TRADE.

Imports to China Show Increase.

The import of four and whet from Canncia has been growing rapidly in the past few years, says the Chinese Economic Bulletin. Imports from all sources are con; trasted in the following table with the import of Canadian productă, "Imports From All Sources. Year. 1922

Piculs of F. Pieuls of W. 3,600.067 873.142

1920

5,826,540

2,595,300

On the whole, the mutlook is much|1924 brighter, and we 1 believe that

6.057.162

5,146,387

Imports From Canada.

Years

TACE

1920

NEW YORK: Irving Bank Columbia-there is money to be made in sub- her shares. In deciding which are Trust Co.

the best shares to y, he might conrider that the Jane companies Every description of Banking and Exchange Business Transacted Corre-hayo had the best advantage of the

A. ROLLIN, Subscribed Capital. Frt. 72,000,000.00dents throughout the world.

Manager. Hongkong, 1st December, 1925.

... Fr. 889100,000.00

Puid-Up Capital

Reserve Fundi..

BRANCHES.

Planet

flongkong, Satura

311+

Frs: 59:067,283.54

Postlicherry".

Kung hi

Shamen

Bangk

Bubong

Caste

Fort-myArt Paperto

Dijbouti

Haiphong

Haykow

Leking

og k

Yout BANKERS: IN FRANCE: Comptoir National d'Escompte de Paris; Credit Lyonnais; Banque de Paris et des Pays-Bas Credit Industriel et Commercial; Societe Generale.

IN LONDON: The National Pro- vincial &

& Union Bank of England, Ltd.; Comptoir National d'Escompto Paris; Credit Lyonnais.

du

IN NEW YORK: J. P. Morgan & Co.; French 'American Banking Corpora- tion; Guaranty Trust Co. of New York.

Interest allowed on Current Accounts and Fixed Deposits According to arrangement.

Every description of Banking and Exchange Business transacted.

ALECOT,

Manager. Hongkong, 11th December, 1926,

NEDERLANDSCHE HANDEL"

MAATSCHAPPIJ..."

(NETHERLANDS TRADING SOCIETY.)

Established 1824. Hongkong Branch Established 1906.

Authorizet arišli preparaç£2500, 306 Pin-Up Capetal... RACF004 02 4,0.07

curve bankG 106ba12111495 By Bola Basry 12 60 46£ | 188.330 HEAD OFFICE:Amsterdam. EASTERN HEAD OFFICE:-Batavia. BRANCEES: Brain and

CHIC

Pikj

Kan Bands

Cheriion

Che Blignau

Усан г

Beintay Tomber Kabu Ateniusm

።

Purtung "Poe, og Potylomak

Pang

Peran

Rotterda Som

"Some l filmj

Tegal

Rillon Slunghi Forrakarta(So1.3 Weltevreden

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

DESCRIPTION.

J. D. MAASSEN,

Acting Manager.

Hongkong, 19th March, 1925.

THE YOKOHAMA SPECIE BANK,

LIMITED.

Established 1880.

Capital (full paid-up) Yen 190,000,000 Yer 36,503,000

Reserve Fund.......

Head Ofce: YOKOHAMA,

Branches and Agencies at:

Butavia.

Bombay.

Buenos Ayres.

Calcutta,

Canton.

Changchun.

Newchwang. New York.

Qanka.

Peking, Rangoon, Rio de Janeiro. Saigon, Fengtien (Mukden). San Francisco.

Seattle. Sema

Dairon (Dalay).

Hamburg.

KABEDW.

Harbin

Honolulu. Kai Yuen.

London.

Lyons.

Los Angeles,

Manila

Nagasaki. NATOFR

Shangh

Shimonoseki Singapore. Soerabaya.

Sydney.

Tientsin Tokyo. Temenin

Tsingtau. Vladivostock.

"

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

INCORPORATED BY ROYAL CHARTER, 1853.

HEAD OFFICE: LONDON.

.£3,000,000 Paid-up Capital Reserve Fund

£4,000,000

£3,000,000

Reserve Llubility of Pro-

prietory.

13

FOREIGN EXCHANGE and General Banking business transacted:

CURRENT ACCOUNTS opened and FIXED DEPOSITS received for 1 year

quoted an application.

price of rubber during their finan- jcial year. The average from July

1, 1925, to Jul 1, 1926, is 3 17 against 2 19 for the whole of These companies are Chengs, Kota Bichroes, Pahangs and Sungei Deris.

last yeas

There has been nothing doing in Industrials, except in Decks which have advanced to Tis. "100" "buyers, TIs. 110 sellers.

1994

Piculs of F. Penis of W.

78.379

510,060

01

4

7,450-

THURSDAY,

GOUGH ISLAND DEVELOPMENT.panies leasing them for specified

Improved Facilities for Ol Storage.

periods. It le further understood that a little dredging. now, "under emalderation by the authorities of the Island, will make most of this frontage accesible for ships of 28 feet draught,

な

Enlarged facilities for the stor- ing. handling and transhipment of inflammable oils. etc.. in Shanghul! are now made possible, according i

TRADE WITH CHINA. to an announcement that the pro- vincial authorities have given' their "Japan's trade with China during formal sanction for the mae of the June amounted to Y87,013,000 in Ppper Gough Island for this pur exports and Y23,748,000 importe, pose. The announcement comes at

showing a favourable balance of the end of a considerable' period o2 | Y13,865,000. These figures repro- ime during which negotiations sent a decrease of about 10,000,000 ns compared with the same period were pending and in reality dates

of the preceding year. Exports to back as far as 1907 when the Whangpoo Conservancy Board frstand imports from China during the undertook the reclamation of this first six months of this year amounted approximately to Y277,- section of the island,

The part of the land in ques-000,000 and Y146,000,000 respec- tion.. represents the place at which tively, showing a favourable balance the river was dammed for, a diver- of Y131,000,000, and an increase of slan in the old ship's channel Y26,000,000 compared with the same which then ran behind Gough period last year..

Particulars fellow in units af a 1sland to the present Astrea Chan-

¥1,000. nel, then a shallow junk passage.

arrangements nielude Present the provision of public wharfage and roads while areas on the land are to be lensed by the Customs to individual oil companies who are desirous of utilizing the splendid offered. Storage facilities tanks and sheds may be erected upon the urens leased by the com-

Dew

Exports. Imports..

JULY 22, 1926.

HONGKONG TIDE.

The tide-table given below has been obtained by aid of the Tide- predicting Machine, which in cludos 40 components for the better prediction of tides, from the re sult of the analysis of the "tidal observations; taken at the Kaulung tidal observatory under the direc tion of Dr. Dobarck during the years 1887, 1888, and 1880..

The times and heights are given for Kaulung; but they may be used, for the Victori. Naval yard ape Aberdeen, the differences boin

very small.

The times of high-and low-water

must not be considered to coincide with the times of slack-water and change

current, tha two

July 18 to 22, 1926.

DATI

July

EL

HIGH WATER LOWER WATER

Standard

Biandard, Times

Times

Fri. 1 m 2 33.0 6 13.8

0 28 5.5

8 17 a 4.8 Bab 17 m 3 10 4.2 1 7

Saz. 183 45 4.4 m 9

24.0

III

R

Q

9 52 a

3.1

During "June.

Manchuria

2,849 1.687

Mon. 18 m2

4.4

1 1

North China

7,314

5.583

3 55

4.3

10

0 21

2.3

Central. South

16.063

5,719

Tuos. 20 m 459 3.4

19 19 в

2.3

1,792

954

Wod. 1m 36.9

▸ 3444.00

11 8 & 2.8

Total

28.018

13,903

Kwangtung

6,524

9.684

Thurs 24 m

Hongkong... 3,071

161

B 6539 B.19 6.8 8140

11 54 D 2.9

HONGKONG MARKETPRODUCE.

Steak Sirloth

Sausages

Bullock's Breins.

APPROXIMATE RETAIL PRICES.

Butcher Meat.

Tongue, fresh.

牛肉排

July 15, June, Juno,

" ו

P

15

Poultry.

ER O

Eggs. Hen (cooking)...

班

1920 1918, 1914.

Cię. Cta. Cta.

Chicken

Beef Siriain

4 BR b

31 24 12

Capons, Small:

Prime Cot

34

23

12

Capone, Large

Corned

成牛肉

23

12

FI

Duck

Roast

#4 #

24 20

11

Dorén

14

Broust

20

17

Soup

20

Eggs. Hon (fresh)

Steak

24

Fowls, Canton

30

36

Fowls, Hainan

28

20

Geese

per set. 15

10

12.

Pigeons, Canton

each Do

50

80

#

Hethow

60

... $1.00 -$1.20

Ih.

13 14

20 18

erch

15. 10

-10 -12 12

20 **

1b.

18

14

1

6

7

Ret $1.20 $1.00 $1.00

Jb.

28

50 26

24

Tengue, corned

Head

Heart Hump, Salt

298.007 2,163.299 632,849 Though the customs returns for 1925 are not yet available, it is presumed that the impor of dour and wheat from Canada showed a further inereuse, judging by the Brisk demtand

the Chinese Low prices and better market. quality make Canadian wheat more popular the the home product in this country. In June 1925 whên the local wheat market wit-about- to open, the four mills in Shang- Speculation as to Restriction. hai, fearing that the domestic Speculation is rife as to the pro-wheat crop might the insufficient to babilities of the 20 per cent, cut supply the demand, began to place in restriction, coming to force, large orders for Canadian when and what is more important us to Foreign wheat is generally ordered its efect on the future price of in December and January, but in rubber. Opinions are extreme1025, 30,000 tons of Canadian wheat up to diverse and it is not easy to form had already been ordered one's own, when wherever one goes August. The price of grade Cana Pig's Chitlings

Brains so many and varied ideas on the dians wheat last year was between

or shorter period at rates which will be tubject are heard, A sentimental G.S49 and G.851.50 per ter or be}

A. H. FERGUSON,

Manager. Hongkong, 15th-April,-1925.

+

THE BANK OF TAIWAN, LTD.

(TAIWAN GINKO.).. Incorporated by Bpecial Imperia! Charter, 1899.

.....Yen 45,000,000 Capital Subscribed

Yen 39,375,100 Capital (Paid-up)

HEAD OFFICE: Taipak, Formara. BRANCHES:

Yokohamar

Kobe, JAPAN-Tokyo,

Онака, FORMOSA: Giran, Kagi, Karenko, Keelung. Makang, Nanto, Shin- chiku, Taichu, Tainan, Takao, Tamaui, Toen, Heito, Taito.

Amoy, CHINA-Shanghai, Hankow,

Foochow, Swatow, Canton. OTHERS: Hongkong, Singapore, Socrabaya, Semarang, Batavia,

J

Bombay, London, New York, Calcutta.

LONDON BANKERS: London County Westminster and Parr's Bank.

rise appears generally to be ex-

tween Tls. 4.26 and Tls. 4.55 per pected for a few weeks if restric-icul, which the price of Chinese tion is imposed, but it is the ques- wheat Was is. 4.1 per picul. tion of the lasting effect which is American-wheat was higher than puzzling and chuses the breach be Canadian whent, and Chinese wheat

Ween those who have faith in the

is inferior in quality. fatures of rubber and those who counts for the popularity" of the

Canadian product.

have not.

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Turkeya, Cock

Turkeys, Ken

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Lamona (America) ...

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Apples California)

金山辉櫫

32

24

!

Ib.

15

Bananas (bride's)

新山香嫩

$

16

18

. Carambola

+

4

"

Cocoanuts

20

儲千

Bach 14

FF

each 16

10 10

Lemons, China

1b.

14

reach

10

B

器较

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12.

30. 24

Oranges (Canton)

新會栽證

35

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23.

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Grapes

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$4 20

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20 24

In 1924, there were large stocks of wheat in the interior, which could not find their way to Shong Sheep's Head & Feet. hai owing to the interruption transportation facilities. This and keet speculation caused prices to

soar.

of

Beart Kidneys Liver ...

Sucking Pigs, to order.

Our London agents, Mesнys, Lewis & Pent, estimate production at 630,000 tons and consumption at 580.000, a surplus of 50.000 tons. Whilst we are loth to question the figures of such an authority, we consider their production figure too

Before the new crop was low. Last year's production was reaped in June last year, it was hasessed at 610.000 tons, of which belleved that old stocks were suff- und Ceylon contributed cient to supply the demand of the Malaya

The average restriction four mils in Shanghai, which con- 284,000. figure was 67 per cent so that if tinued operations as usual. these areas can produce 5 per between April and June, they were' sent. during the present year, this forced to curtail operations, some ahould amount to 400,000 tons of them, even deciding temporarily Barbel making a world's production 530,000. Rickinson's figures, which to close down before the new crop Bream

of

But

Veal

20 19

20

20

Pears (Canton)

Peanuta

Persimmens, Large „; Plantain Putelo, Slam

Walnuts

Artichokes

Beant, Sprout

#1

花紅大合苦

Vegetables, &c.

Brinjals, Green

Red

Cabbage, Chinese

(Shanghai)

Suel, Feet

Mutton

Sanaages

No. 1..

Fish.

Ib. 24

10 24

Long

#

#

A

20 16

Beet Root ..

17

情報(省雄淡、

Bitter Squash

18

10

Water Fish. Carp Catfish Codfish Craba

水餃) 海鮮!

16 27

12

$

20 25

23 .28

Carie Shoota, bunch..

"Cuttle Fish

Dab

20

10.

Cauliflower (Large).·

21 16

10

0

"

(Small)

"

10

8

Carrots

18

18

Celery, Chinese

10

18

Chillies, Dried

# T

20 20

Red

"

32 25

Green

"

40

30

18 15

Garlic

are more up to date, estimate pro- made its appearance, on account of Canton Fresh

the wheat shortage. duction at 657,000 and consumption at 614,000, which seems to err in putting consumption at too high a paint, this being 29.000 tons above To take an last year's estimate. average would be to place produc edtion at 650,000 and consumption at

600,000 which still gives a surplus as of 50,000.dan a

The Bank has Correspondents in the Commercial Coatros in the Eurapean Continent, Rearia, as onuria, Tinglan, Japan, indo-China, Hism, India, Philippine islands, daya, Africa, K.

Interest Atowed on Current Accounts, and Deposit at rates which will be quoted on Applem Lipd.

T. TAKAGI,

Manager. HONGKONG BRANCH:

2, Des Voeux Road Central. Hongkong, 7th May, 1926.

THE BANK OF CHINA...

行銀國

Mandate of the Republic of China

Forced to Canada. The flour mills were not much affected by the May 30 incident," though they were forced to close for 20 days in June. All flour mills, resumed operations as 8001

the

new crop reached the Dace market. The production of wheat Log Fish.. in the Yangtze, province last year Els, Conger American Consumption. There appear no grounds for was unable to come to Shanghai fear of a decrease in consumption for grade Canadian wheat at Tia. in America. The figures for the 4.6 per picul.

During August and September, Stroup first quarter are slightly higher than last year, though stocks at the the price of Chinese wheat drop- Gudgeon end of April are certainly larger. ped to Tls, 3.8, as a result of com-

Fresh Water

>

Yellow"

FTOLE

Herrings

On the other hand, production of petition with foreign wheat which Halibut

was sold at Tis. 4.2 per plcul. But Labra (Specially Authorised by Presidential motor vehicles shows the sub-

ctantial increase of 179,703, dur-Leven there the Chinese four mills Losch

in Shanghai ordered 100,000 tons of Lobsters $60,000,000.00ing three, months, so it is conceiv $18,278,000.00 able that the surplus stocks will Canadian wheat, in spite of its Mackurei $ 9,620,426.24 readily be absorbed, particularly on higher price.

on the 22nd of November, 1917),

Authorised Capital

Paid-up Capital

Reserve Fund

HEAD OFFICE: PEKING.

HONGKONG BRANCH:

Mark Fish

In October the mills only oper- Mullat the advent of the summer season. Furthermore, it is belloved that a lated half-time," as foreign wheat Oysters

delivered until Parrot Flah large number of small concerns could not be were forced to turn out inferior November, and Chinese wheat from Perch 4. Queen's Road Central.

tyres when rubber was high, which Hupeh, Anhwel and Shantung could Pike Branches and Sub-branches all over China and Correspondents in Europe,

In Pomfret, Black Amerien, and other parts of the world. tyres possess nothing like the dur not reach Shanghal, owing to the Plaice. London Bankers: The National Provinable, quality of the better grades. interruption of railway traffic.

Should restriction "come in, it is the middle of October, the Shang. cial and Union Bank of England, Ltd. The Guaranty Trust Company of New estimated that this will keep about had flour mills ordered 150,000 tons Prawon

York

19,000 tons off the market, which of 3rd grade Canadian wheat at Ray -The Irving Now York Bankers::

would give a surplus at the end of Tls. 4.26 per pieul, while the price Bock Fish National Bank.

the year of from 30,000 to 50,000 of Chinese whent was at Tls. 4.1. Roach tons, equivalent to only alx weeks' They were able to continue opera- Salmon

A long only with the supply of wheat Sherk supply in the United States.

The Equitable Trust Company of New

York.

tion,

Pomfret, White

Interest allowed on Current Accounts and Fixed Deponitä. Terms on applica-wire received this morning from from Canada. It is generally bra Skate

Lewis & Peat anticipates restriceved that the available stock of Bhrimpa tion, and gives the opinion of a wheat is not sufficient to supply Snapper more active market after August demands before the new crop comes Boles 1. With regard to the more diais, apless further orders for one Tanch tant future, should restriction be month's supply are secured from Turbow continued in 1927, there seems to be foreign sources.

Intereet allowed on Current Accounta Every description of Banking Fual-

peni tranausted. Deposits received for fixed periods at

Loans granted on approved securities. rates to be obtained on application.

Epscial facilities for Home Bzcking

TSUYEE PEL,

Manager.

GARILIA,

Manager.

Hongkong, 11th March, 1925.

Tartlas, small,

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Curry Stuff, English

"Cucumbers

Ginger, Toun

架閣材軍

Horseradish, Shanghai. ()

Mushrooms, Fresh ........ # #

Onions, Bombay

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