1926-11-16 — Page 2

China Mail 德臣西報 中國郵報 All

HONGKONG AND SHANGHAI BANKING CORPORATION.

Beserve Fundam

Sterling £; JANUA

THE BANK OF EAST ASIA, LTD. 01

HEAD OFFICE: HONGKONG.

10% Des Voeux Road Central,, Hongkong.

Mellne H. Franolo

Authorised Caplin). ... ...

$50,000,00

Inawa atach: Pally Balık-up,

・・・・ €9,00), 8( D-

Authorised Capital

$10,000,000

Pald-Up Capitai

8,000,000

Rezerve Fund

1,200,000

....

BRANCHES AND AGENCIES:-

Batavia

Hoares Limbility of Proprietan („BANKACO

Bombay

Nagasakl Sexitin

Calputts

Now York

Heroncang

HEAD OFFICE HONGKONG.

Canton

Buka

Bingh

Haiphong

Paris"

Hon

Peking

Barb

COURT OF DINMOTORA:-

Kobe

Pepitax

Tokel

Kowinen Kilgan

*patie

Lon

Hilliers

Tokyo

Manila

In

[

Uoa. Mr. Di Q. M. Herasrulj

Chatruan,

tion. bir, A..! Gang.

Deputy Chiring

B. 14. Bell Rage

4. A. Plamwer, Key

45

A.; Camplony Kaq.

T. G. Wrall, An

W. Padam. Bag

MUY.

BANDKOS

BATAVIA

BOMBAY

CALOU MA

CANTUN

CHIRPOO

COLOMBO

DAIRES

POOCHOW HALPHONO

UAN BUNN

BANKOW HARRIN

HONOREW

110100-

POR

F

KOHR

XCALA

GCMPUR

11. We, Kalf,

ul. M. Young, Ka Chief Manager,

A. 11. Barlow, Wars

BRANCHES-

1.

LONDON

"

Correspondents.

cities of the world.

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

SAFE DEPOSIT BOXES to let

KAN TONG PO

Chlef Manager

Hongkong, 22nd May, 1928.

:)

MALACCA

LYONN

MANILA MOORDIN SABABAKE

NEW YORK

PKRIN'T

PKNANG

RANDON

NATION

SAN FRANCISCO

SHANGHAI

MINUAPORE

NOURABAYA

BUNURI PATANU

TIENT IN

ΤΟΥΤΟ

THINGTAO YOKSUAMU

: Current Aaruutit. apmail Lukneruney At Fixed Doppia Tech for a year or sortu perl in bomb Guytosis: Starkop en-terms which will be galotoil ini ngeplontana,

stungkung, 154 oktober, 1920.

HONGKONG SAVINGS BANK.

The Bars of the abure Henta bimb by MONKONG AND SANDILËT BANKING CORPORATION, AMY ostali paliunflo

FOR TIK HONGKONG & MANOHA! BANKING CORPORATION.

A. H. Barlow,

While ManajOJ,

BANQUE DE L'INDO-CHINE.

HEAD OFFICE:

20, Boulevard Haussman, Pari Subscribed Capital. Frs. 72,000,000.00 Paid Up Capital... Frs. 68,400,000.00 ........Fro: 50,087,283.54 Rezervs. Fund

BRANCHES. Hanoh

Bangkek #

Canton

0

Dibonth... Koumen

Happorte Fort-Bayard Haipbook Poking

Prom-l'ent

BANKERS:

Bankow

· Findiahurry Salo

-Hungbal Singapore Tientain

virgine. Yumia.fu

IN FRANCE: Comptoir National l'Escompte de Paris; Credit Lyonnais; Banque de Paris et des Pays-Bas; Credit Industrial at Commercial; Scelete « Generälo.

行跟商工法中

BANQUE FRANCO-CHINCISE

pour le

Commerce et L'Industrie (Incorporated in France).

..

<3

5. Chater Road, Victoria, Kangkang.

HEAD OFFICE 74 Ras Rt. Lasara.

PAT.

THE CHINA MAIL.

COMMERCE AND FINANCE.

RUBBER STOCKS.

HOUSE OF COMMONS. QUESTIONS.

EXCESS UNUSED COUPONS.

London, Nov. 15.

In the House of Cominens Mr. F. G. Penny asked whether in view of the uncertainty as regards: 'the actual quantity of rubber heid in the East against unused ex- port rights, the Secretary of State for Colonies, Lt. Col. L. C. M. S.

Amery, could state the exact amount on October 31 last

Lt-Col. Amery replied that no

useful figures were yet available.

He asked Mr. Ponny to repeat his question when he (Lt.-Col. Amery) received the information: from Ceylon and Malaya.

Mr. Perny asked Lt. Col. Amery to enquire whether the amount of rubber coincided with the unused coupons issued, and if not, what Action would be taken as regards .FN 20.000.000,- the excess unused coupons against 11.180.000-which no actual rubber was stor- Special Working Capital... Po 60.00.00ed at the end of October-Reuter.

יו'

Captist

·Rogatron...

Parts

Saigon

Peking

BRANCHES. Lyons

Marseillen Hanoi Haiphong Shanghai Tiontain

Canton Hongkong

BANKERST

FRANCE-Societe Generale, Banque Nationale de Credit Banque de Farie et des Payo Bas LONDON: Midland Bank Fld NEW YORK:-Irving Bank lumbis

Trust Co.

13

Every description of Banking and Exchange Business Transacted, Corre

pondents throughout the world.

A, ROLLIN

Maunger. Hongkong, 1st December, 1925.

JAPAN AND GOLD,

Preparatory Foreign Credits...

It appears that Japan will re- store the gold standard in the near future, states the "Financial Newa" To facilitate the change. the Government is stated to be consider- ing the conclusion of external credits similar to those obtained by this country in New York for the Moreover, the same purpose: issue of external loans by corpora- tions and private borrowers will no longer be opposed, so that several Japanese loans are likely to be float- ed in New York within the next few months, The recent change of Finance Minister appears to indieate a fundamental alteration Mr. of Japan's monetary policy. Hamaguchi, the Fatë Financu 25,000,000 Minister, was opposed to the return £4,000,000 to gold standard until Japan's economie, balance ig restored. £3,000,000

Despite the appreciation of the yen to the close vicinity of its parity, he was determined to main- tain the embargo en gold exporta: Early this year he issued several official statements to this effect, so aa to discourage bull speculation ir yen.,, The, speculators in Shang- hai, New York, and London, dis regarded his warninga, and quite recently the yen reached new high recorda, owing to the slump in the

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA. Incorporated by Royal Chater, 1858. HEAD OFFICE: LONDON. Paid-up Capital

Reserve Fand ... IN LONDON: The National Pro-Reserve Liability of Propria-

vincial & Union Bank of England, Ltd; Comptoir National d'Escompte de

· Parl; Credit Lyonnain

IN NEW YORK: JP Morgan. Co.; French American Banking Corpara- on; Guaranty Trust Co. of New York,

Interest allowed on Current Accounta and

Fixed Deposits according

arrangement.

to

Every description of Banking and Exchange Business transacted.

A. LECOT,

Manager.

Hongkong, 11th Decembor, 1925.

1.

NEDERLANDSCHE HANDEL »

MAATSCHAPPIJ.

NETHERLANDS TRADING SOCIETY.)

Eatablished 1824. Hongkong Branch Established: 1906.

Paid-Up Capital... (7

Authorized (apital & 180,000,000 212 500,OCŨ

80,00,00, 6, 67 21, 7340:09,718 2.80 (0£ 88300

Beserve Fund..............ė

pedal Reserve ..G.

HEAD OFFICE:-Amsterdam.

BASTERN HEAD OFFICE:-Batavie,

BRANCHES :----

Bandjerminala Bandoong

Bombu

#alcgita

Oherbon

Dokjakarta

The Hague

Ijenter Kobe

Pembang Pontianak

Lota-Badja

dang Terang

Tottordan Barang itakapore Soprabin

Malan

Pesarongin

Hanyoon

Shanglin

Sibolga Sunlrs) Hoerakaria (Sol)

Weltertiden

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

DESCRIPTION.

J. C. MAASSEN,

Acting Manager. Hong Kong, 1st November, 1924.

THE YOKOHAMA SPECIE BANK,

LIMITED.

Established 1830,

apital (fully paid-up) Yen 106,000,000 Geserve fund

Yez 89,500,000

Read Office-YOKOHAMA.

"Branches and Agencler at:

Satavia.

Bombay.

Еделов Аутев.

Calcutta.

Canton.

Changchun

Nowchwang. New York.

Osaka. Peking

Rangoon.

Blo do Janeiro. Dairen (Dalny),'.! Saigon, Fengtian (Mukden), San Francisco,

Hamborg.

Hankow

Barbin

Honolulu Kat Tpen.

Karachi Robe London, Los Angeles. Lyona. Manila. Nagasaki.

Nagoya,

Seattle Shanghai. Shimonoseki

Singapore. Sourabaya. Sydney, Tientaln. Tokyo Tainanta.

Semarang.

Interest allowed on Current Accounta - Deposita recelvet for Axed perioda st festes to be obtained on application, «.

CONARIMA,

>Hong Kong, Tith Sapfenber; 120:

tors .....

Agencies and Branches,

ALOR STAR

(Maisy Slalo AMRITSAR ПАХСКОК

ΠΑΤΑΚΙΑ BOMBAY CĀLĀKTTA CANTON CAWNPORE EX COLOMNO DEL HAIPHONG HAMBU

HANKOW HONGKONG

BALO

IPBF

KABAUHI

KLANG KODK

KUALA LUMPUR ALUMINU

15

MADILAN MANULA ARDAN NEW YORK CECINAS PENANG PESHAWAR POKET HANIHOON BATHON BINAMANGʻ SEREMBAN SHANGHAI

SINGAPORE SOURABAYA TAIPING

..

TAVOY TIEN THIN

TUKYU TSINGTAO

YOKOBAMA ZAMURANGA

Piippolladó}

silver market..

His successor, Mr: Hayami, 18 said, to be in favour of an early Foreign Exchange and General Bank return to gold, even if it were to bring about an initial loss of part ing business transacteri

Current Accounts opened and Fixed or the Bank of Japan's reserve. It Deposits received for 1 year or shorter is generally believed in Toky periods at rates which will be quoted financial quarters that the embargo on application.

A. H. FERGUSON, on gold exports will be lifted at

the end of this year.

Манаког.

•Hongkong, 1st August, 1926.

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

Incorporated by Special Imperial Charter, 1899.

Capital Subscribed ****** Yen 45,000,000

Capital (Pald-op)

....Yan 89,875,000

HEAD OFFICE:-Talpah, Formosa.

BRANCHES:

Osakn

JAPAN --Tekya, Yokohama, Kobe..

FORMOSA: Ciran, Kagi. Karenko, Keelung, Makong, Nanto, Shin- chika, Talchu, Tainan, Takno, Tameu, Teen, Helte, Taito

Foreigners! Credits.

As a well-known, considerably foreign funds have been transfer red to Japan in anticipation of the yen's return to par Once this Lanticipation matérializes, these

funds will be withdrawn.

C

Judge Elbert H. Gary, head of the US. Steel Corporation, was eighty years old on October 8..

!!

Interest in Japan's early return to gold; the Bank of England will also assist the Bank of Japan.

..

ECONOMIC PEACE,

ני

A LEAGUE OF NATIONS- CONFERENCE

Rugby, Nov. 15. The preparatory committee for the Economic Conference of the Lengua of Nations is meeting in Genova to-day! It will decide on the date and composition of the Conforonco..

TUESDAY, NOVEMBER 16, 1926,

LONDON MARKET

QUOTATIONS.

HONGKONG TIDE.

The, tiùs-table given below' bar London, Oct. 29.

been obtained by aid of the Tide predicting | Machine, ‚which in Plantation Rubber: Spot, sold; 18.dlados 40 components for the better

94d. (resterday, shest, spot, sold, prediction of tides, from the 18. 9d.); January-March, 18. 9dult of the analyste of the tidak (yesterday, 8. 8d.); April-June, tidal observatory under the direc observations, taken at the Kaulunə 18. 104. (yesterday, 18. 10d.).

tion of Dr. Doberak during the

"Para Rubber: Spot, Ta. 8d. (un-years 1887, 1888, and 1889,

A limited number of ebentla? changed). subjects will be selected; on which • London Silver: 24 18-16d.; for the efforts of the Conferenceward, 24 9-16d. should be concentrated. It was

that

at the Longue Assembly Inst year that about fifty nations expressed a unanimous. view

oronomic peace would largely contribute to national security, British Wire- | 429% less Service.

ROYAL SHARES SOLD.“

American Cotton: 6.85d." Tin: Straits, cash, £295, 108.; three months, $294.

Copra

Desiccated Coconut: Spot, halves, 418.; October-November, 308. 9d.

Coconut Of Spot, 47s.: for-

November December,

The Japanese Imperial Family award, 448. 6d. " disposing of its shares in many Japanese corporations, putting them gradually on the market sơ as not to disturb it.

The shares were purchased years ago to encourage certain Industries, the majority of which are now well established and paying. The im- perial household has decided that it is not proper to be drawing divi dends, the imperial fortunes boing already large, as the object of pur- chasing was not for přoft,

The times and heights are given for Kaulung: but they may be used: for the Vlater!. Naval yard and Aberdeen, the differences bet

· very amali. -

The times of high-and low-wate must not be considered to coincid with the times of slack-water and change of current. the twe phenomena being quite distinot,

November 12 to 18, 1926.

*DATE BIGH WATH Lowin WÄT

Standard Sandard Nov.

Times

Ext Time

12m 0 48 7:39 818 45 4.8. 6.35 a 4.7

Cocon: 708. to 828.. ed: Wanilloes: 108, 8d. to Ids. Cinnamon: Firsta, spot, la. R.; seconds, Is. 8d.; assortment, June-Sat: July, 1s. 5%

Pepper: Nominal, Plumbago Chips: 163. to 188. *War Loan: 99%

EL

13 m. 1 3.17.1

Sun.

14218.7

A

Mon. 15 in

Thien. 16 ms:

81484 231 -6.3

119

8.14 14+

1b 14.1

021 4.0 037% 11.2 Wed. 17 m. 7 24 5.3 m 2 14 3.1

60.7

Consols: 544..

*5 per cent., 1929-47. of Ceylon."

"Times

Thurs.18 8.

131 0.1m 1 17 9:0

ፍን 318 7:1

HONG KONG MARKET PRODUCE.

Apart from the credits to be ob tained for the purpose of support- ing the yen, the Government will probably no longer oppose the jasue Busf Sirloin of external loans as it did during the last year or 80.

Since Mr. Hayami has assumed office; a loan of $10,000,000 has been issued in New York for the Tokyo Electric Power Co.

Other similar loans, which were held over owing to the Government's veto, are likely to follow, all the more as the improvement of the country's credit has enabled Japan- eso borrowers to obtain loans at more favourable terms than was the case a year or two ngo.

60,000,000 Yen for Tokyo.

There a reason to believe that the issue of the City of Tokyo's reconstruction loan of 60,000,000 yon will take place during the autumn.

新 Prime Cut

Comed

#

Roast

*

Brenat

Soup

Steak

#

APPROXIMATE

RETAIL PRICES.

Butcher Meat.

Steak Sirloin Sa28ages... Bullock's Brains

17

尾 牛肉

Nov. 12, June, June,

1928, 1918. 1914.

Con Cia. Cts:

Calves' Head & Foot.. 44NB set $1.20 $1.00-$1.00

Capons,

Duck

Eggs, Hen (fresh),

Pigeons, Canton

Hoihow

Hen

Poultry.

#

DIT BE. DE MALANG SEA BISSAU TIE IN DE

為集肥晚斑鷸訴本白海光火山寨蛛

patr

Bach 25

» $1:00

7 2.7

៖ 8 គឺ ៩ ន ឌ គ ង៖នđន់ឌ |Ē || {

Nov. 12, June, Juno, 1926. 1918. 1914.

Cts. Cta. Cla..

30: 24 12/

Chicker

16.

60 30 81

32 23

12

Capons, Small

53

80.

25

32

29

12

Large

60

30

90

J

24

20

45

21

24

20

.18

Doven

Keach 25

21

24. 20

18

Eggs, Hen

(cooking)

por doz. 30

www

アナ

30

2

23"

新鮮鍋爐

Ir

40

20.

40

80 85

Fowie, Canton

*** 18

.75

24

10.

a. 1

26 20

per sub 15

10

1:2

Fowie, Heinan Geese

30

2

24

50

24

M

Tongue, frish..

cách 35

50

60:

each 56

Tongue, corned 4

B0

"

26

Hand

19

$1.50

– $1.20

JJ

Heart

"}

24 18 14

Hump, Salt

Ib 38 20 18.

Feet

each 10

10

12.

Kidneys,

"

19

10

12

H

Tail

25 20

22.

Turkeys, Cock Turkeys, Snipe Pheasant Quall'"'. Partridges

75

80

each 201

Liver.

ib. 24 18 14

Tripo

8... 6.

(3), 13

单;

55.

28

55 20 52"24

***

62

40

22

#1

Brains

Per set 2

13

Foot

Ib.

19 15

12

Fry

#

24

16

18

sach

12 10 10

Hend

19.

20

#+

1

$7

Heart Kidneys Liver

each 19 10

Ib.

12

Q

10

Lemon (America)

• A 2000 20

each

0

12

"10

8

Lichoes, Dried

lb.

50, 80

24

40

26

23.

40

45

60 70-

21

each. 13 8

15 12 10

48. 28" 26

Oranges (Canton). Oranges Pears (Canton) Peanuts Persimmons; Large Plantain Fumélo, Siam Walnuta Grapen

荔枝子 Jb:

45

*30

HE

20

15

+

#

14

#

arch 15

25 25 22

80

2018

55

20 26

00

20 / 10

40

20

20

Shoulder Saddio

Half of the amount will be Mutton Chop

Leg leaued in London, and will be "used to "refund the credit of £3,000,000 granted by the West- minster Bank and the Hong Kong Pig's Chitlings and Shanghai Banking Corpora- tion.

“妙“料

As this transaction does not in- volve any fresh foreign borrowing, the authorities which are at pre- sent gently discouraging foreign. loans will have nothing against it.. The New York portion of the loan, Pork Chop which will amount to $15,000,000, is stated to be under negotiation. The City of Yokohama will alsn issue a reconstraction loan of con- Sheep's Head & Feet. per set 90 siderable size.

21

Leg

»

Loin

Fat or Lard

L

#

Heart Kidneys

Liver

#

The yield of these loana will con- siderably strengthen Japan's ex- ternal reserve. With regard to this Sucking Pigs, to order. and to the improvement of the Suet, Beef

Mattor trade balance as compared with the previous years, the elimination of Yeal the embargo in gold exports is not

Sausages likely to result in any substantial efflux of gold, even if the yen is not supported with the aid of external credits.

Moreover, the readjustment of Barbel Bream prices in Japan to the world level has made considerable progress: Canton Fresh the fall of prices was particularly Water Fish... considerable in silk, which is Japan's chief export article."

Banking Reform,

Carp Catfish Codfishou

No. 1..

Fish

藏淡)

**

ཕ མ ༤ ར ་ ཞེ་ བ་ ཆ ལ་ བ སྟེཚོ ོ མ༠༤ Tཋའིg་ ༣ ན ནི ཆ ཆ

09.

| ជ ន គ និង ឥ អ៊ន់ | អ៊ុំ។ យ៉ង ៩៥ - ស៊ុំ | | | | 5ឌ | | Âm | ន់ | z ← គំតន្រ្តី |

-Almonds

Apples (California) »»

Bananas (bride's) .... Carambola

Cocoanuts

Lemons, China

Fruits.

Vegetables, &c.

竹角薄瓜瓜

IN

ASA PAR 2.5-566-NG

each 11

བྷསྶཉྫཱཡཧྨ༤༧, ཏུ||22སྟྲ།|:

lb.

8

each

2. 8

Jb.

8

Brinjala, Green.

Red Cabbage, Chinese

Cane Shoots, bunch

(Shanghai)

Cauliflower (Largo). ★★✯ each

Artichokes

Beans, Sprout

19

243

" Long

20

18

18 16

Beat Roat Bitter Squash

85

10 27

+24

12:

9

24. 20. 26

48: 28 $26

24 16 2

35 23 10

(Medium).

10

(Small)

85

B

Carrota

66.

10

Celery, Chinesa

Fresh Water

8210

Chilles, Dried

80

In order to prevent an adverse effect upon the exchange of these sudden withdrawals, the Govern- ment is stated to be considering the conclusion of external credits similar to those, obtained by the Bank of England from the Federal Reserve Bank of New York for the purpose of securing The elaboration of the scheme of Crabs sterling against emergencies dur-reform which is to give the Bank Cattle Fish ing the early period of the return of Japan a greater influence in the Dab. to goid.

Money Markat la going ahead. The Daco Most probably, the bulk of the Committee for the Investigation of Dog Fish OTHERS.

Soerabaya, Semarang, Batavia, credit will be obtained in New the Monetary System, which in- Eels, Conger Bombay, London, New York, York, but it is not out of the ques- cludes the representatives of the Calcutta.

tion that in view of this country's Finance Ministry and of the five Yellow LONDON BANKERS:

leading banks, has had several Froga... Landon County Westminster and

meetings, and has come to an un- Parr'e Bank

derstanding regarding several im- portant points,

CHINA S Blankow,

Amoy,

Swatow, Canton. Hongkong, Singapore,

The Bank ban, Gurmepuustents in the Communala 1 | THE BANK OF CHINA,

Guntien la, the Kampenn Contiment, Roma, MAKE

cart Tiles ann, Intu-Chiba, in area, Plopine Jolanda, Java, Alries, B

acres allowed up Current Accounts, and Bixad Dupunt at Aler winch WIB. Caused on applion

T. TAKAGI,

Manager.

HONGKONG_BRANCH:

8, Des Vaux Road Central. Hongkong, 7th May, 1926.

THE "BANK OF CANTON, LIMITEL.

Head Office Hongkong,

ESTABLISHED IVIL.

Arleed Capital

Paid Up Capital ...

Bliver theserve: Band,

DRAMONES 2-4

ha Ön kon, Shanghai Haskow,

£1,000,000

$700,000

at Bangkok, New York and--Ban Reanalson, 2: Correspondents in alt Principal clifax of the:

Worlds

LONDON BAKEABS S

TURNING THE 1 luyd's Bank Limited.

Bvery, description of banklag bus transacted.

- Bats Deposit Bram in variour sten to be, lat, fiểm. 18:00 to 1401,70, PHárly. 77

LOOK POON SHAN,”

Chial Manager.

行銀

(Specially Authorised by Presidential Mandate of the Republic of China

on the 22nd of November, 1917) N

$40,000,000.00 Authorised Capital

$18,278,500,00 $-9,429,423.24

Paid-up Capital

Reserve Fund

HEAD OFFICE; PEKING.

HONGKONG, BRANCH

M

Garoupa Grudgeon Herrings Halibut

In the first place, they consider it necessary that the number of Japanese banks should be reduced; Labrus To this effect they decided to re- Losch commend the Government to fix Lobytera 1,000,000 as the minimum limit Mackerel of the capital of a bank. At pre-, Monk, Fish sent there are, about 1,500 banks, Mallet. over two-thirds of which have a Dysteri capital less than Y.1,000,000, Parrot These banks will have to amalga Porch mate... or disappear. Already Pike several amalgamation schemes are Plaice under negotiation Among thers Pom five provincial bank to merge into capital ofL-Y.1 15 provinci Newithhe

whe

4. Queen's Road Central Branches and Sub-branches all over China and Correspondents in Barupp America, and other parts of the word London Bankerir-The National Proviť. cial and Union Bank at lingland, Le The Guaranty Trust Company of New York Banks - The Irving New

National Banking pr The Equitable Trust Company

York

·Interest:ällowed my Duzret and Fixed Deposita." "Terms On

Every description of Banki

mess transacted.sk

"Losar granted on appro

Enocial facilities for Home

adrong

5 ⠀ ⠀ 3X3 - 0 - - - 38-erdoa.29

Rod

Gresa

Curry Stuff, English

Cacumbers

Garilo

Ginger, Young

Hornern

Old

Indian Corn

Lettues

Water Chestnuts

Mandariz

Mushroom, Frush Okroes

Onions, Bombay

Green

Parsley Potato, Sweut

10

20

2B

***

10 18.

青辣椒

架型材冊

10

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