1926-12-31 — Page 2

BANKI

TION:

THE BANK OF KAST

HEAD OFFICE HO 10. Den Vaux Bond Ea

TH

CHINALMAIL.

COMMER PAND FINANCE

FRIDAY

Barva: Liability of Proprietors...

NKAD-OFFICE, 203NGKONŮ.

-JOURT OF DIRECTORE)-5'}

BMT, A. O. Lang.. Deputy. ChalimAR..

·W. 2, Ball; Bag,

AI. Comptonų Bagi,

W. L. Pattanden. Kaq,

AMUT

BANUSOR

KATAVIA

BOMBAY

Jon Flem

1,

Whall, Xaq...

[S, P. TVISERA, Mat.

H.. Young, (aq)

Shief Mazagar,

A. H. Barow, EN

BILAN CHRI

CALUSTEA CANTON

UH FOO

COLOMBO DAIREY FOODHOW.""

LONDON

LYONS

MALABOA

MANILA

Authorized Capital

PakliUp Capital Cit

Beserve Fund

BRANCHES AND

Batavia Melbourne Ban Brazalsoo

DEALERS

Bombay

NagnaF Saxle

Calenite

New York · Samasyang

Caution

Haiphong Paris

Bhang had Stagepor

Elonojala:

Paking

Bourabay's

SINCREASER

Kobe

Peng

Talpeb

Kowloon Rangon

Tiental

London Manila

Skipp

Tokyo

Correspondents to all principal cities of the world.

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

BAFE DEPOSIT BOXES to isk

KAN TONG PO,

Chief Manager.

Hongkong, 22nd May. 1986,

MOURDEN

NAGASAKI

NEW YORK

PRKING

行假商工法中

"PENAKO.

BANDUON

HAIPHONG

BAN FRANCISou

HAMBURG WANSOW HARMIN

TONGKKW

ILOILO

ХРОН

JOHORE

KOOM

LUMPUN

KUALA

SALJON

SHANGHAI

BINGAPORE-

"BOURABAYA

BUNUEL PATANT

TIXNTRIN

TOKYO.

TSINGTAO

VOKOHAMA

Current Accounts opened in 100K) ÚBryancy

And Fixed: Deporte Tacaled for and your er shorter period in Local Jurrency 7 ALTIN

Lern whith will quoted on applian Hongkong 18th October, 1958.

HONGKONG SAVINGS BANK.

The Suduce of the alure 3 JUR quoted by the ONGHOND AND HUANGUAT RANKING CORPORATION. Bulow may be obtained on typilation."

FOR HONGKONG & HANGHA BANKING CORPORATION.

A. H. Barlow,

Hongkong, May,11925.

Chief hinnagat

BANQUE DE L'INDO-CHINE. HEAD OFFICE: 96, Boulevard Haussman, Paris, Subscribed Capital. Fr. 72,000,000.00 Paid-Up Caplint ... Fr. 88,400,000.00 Reserve Fund... Fra. 50,067,288.54 BRANCHES. Hatay Battambang Hongkong Calon

Bangkok

GSTV9

Djbous!

Fort-Bayard

poeta

Halphong Haskow

aking:

Pondicherry

~itanghal

Singapore

Tientsin..

inom Pent Yuna ufu BANKERS:

IN FRANCE: Comptoir National d'Escompte de Paris; Credit Lyonnais; Banque de Paris et des Pays-Bas

Credit Industriel st Commercial; Sociate

BANQUE FRANCO-CHINCISE

pour le

Commerce et. L'Industrie

{Ospital

Bonorvas

(Incorporated in France)..

Par's.

or who ther the compradores will accept COMPRADORES COMMISSION the old scale to encoura

PIECE GOODS AND SUNDRIES,

The following, is a translation of a letter from the Piece Gooda Guild and Sundries Goods Guild to the Compradore Association (of Hong Kong) in protest against the proposed increase of commission:

· 1988.)

NEW LOAN

Rugby Dec 30 The terms of the Government's

war debt is in shirt-term debts;

ANSINSTRU

TURE

come of the most valuable and at-i tractive lectares ever delivered to the Insurance Institute of London was given by Mr. A. Rogers (sacretary of the London and Lan- cashire, Insurance Co., Ltd), with the title "Fire Incurands:: Sozia Everyday Froblema and Their Lessons.

4 per cent, loan available to cast Mr. Rogers made a masterly sur- subscribers at 85 per cent, but yer of fire insurance throughout the primarily designed to secure con world. His arst consideration was version of part of the short-term the extension of are cover to em debts contracted during the war brace special and extraordinary In reply to your intimation as into a debt of a more permanent hazards. He added do not to increase of commission, we beg form, are published to-day think I am exaggerating when I say to jointly inform you that after At the end of March. the Na the study of special hazards--par- ¡tional Debt: amounted to £77,616,-! several meetings of our members, 000,000, of which war debt acicularly in an age which seems to we concluded to point out to you

be peculiarly subject to convul that in consequence of last year's counts for nearly £7,000,000,000 sions is one of the most interest brogible, we have already suffered annually. Over £4,000,000,000 of ing and complex of our business, seriously. In spite of the present and falls due for payment on de calling for the exercise by fire in- resumption of transportation, business just remains as dull, and finite dates within the next surance underwriters of a wide It was borrowed knowledge of subjects outside the we are with great difficulty seek twenty years.

causes and prevention of Aires. ing for ways and means for re-for the most part. at 5 per cent. 6, Chater Road, Victoria, Hongkongmedy. We can never comply with Since 1920, thers has been a In a city like London the danger your request as to increase of marked cheapaning of capital, and of any fire spreading to the dimen HEAD OFFICE: 74, Rue St. Lazare, commission. In the words of your it was in anticipation of this desions of a conflagration is not re- letter, your members have suffer-velopment that borrowings were garded as serious, except in the [most congested districts Other- ed great loss by the bankruptcy for short periods, so that as Pre 20.000.000,- of many buyers; you have, there money became cheaper dearer wise the insurance companies would Pre 11.160.000,- fore, to increase your commission loans might be replaced by cheap not be justified, despite their great A number of these resources, in issuing insurance Special Working Capita!... 50.000.000,- as means of compensation; but er issues.

you must not forget that by the conversion operations has already policies for an aggregate sum of £2,000,000,000, which represents ap-| bankruptcy of many of our sub been carried out.

Although the yield of the new proximately the present Insurance buyers, we have likewise suffered: great loss. Thus it will be clear loan is less than that afforded by cover in the L.C.C. area.

5 per cent. war loan, it la ap- Convulsions of Nature, that it appears to be unfair on your part to squeeze the surviv-proximately the same, as is ob. But, in an occurrence such as an ing dealers to make good your tainable on other long term Gov-earthquake all human estimates are loss; if so, where could we recover ernment issues, and its attraction rendered of no account. The safe- Nationale du Credit Banque de ours? Further, regarding your over them lies in the novel provi- guards upon which the insurance company depende disappear instan plea as to high cost of daily re-sion for a sinking fund.

Whatever may be the amount taneously-buildings collapse, fire quirements, causing all unione to ask for increase of wages, etc., of the loan," the Government walls are demolished, streets are it must be understood that in all undertake for a period of ten blocked, and Bre brigadas and cases employees are asking from years, so long as the price of the water supplies rendered ineffec employers for such increase, and loan is at or below par, to spend tive.

Moreover, a new danger arises by no means from patrong, the each three months $2,550,000 in measures you choose to take being the purchase of the loan in the owing to the breaking of gas mains, the displacement of chimneys, and quite different. It is our anani-market for cancellation.

The "Times" says, "The loan the contact of inflammable mate. mous determination to pay you half per cent. commission as has been skilfully and ingeniously rial with naked Nights; and it is a usual and no increase whatever. devised. It should not adversely miracle if fires do not break out in We sincerely hope that you will affect price of existing stocks, and many parts of the devastated area be good enough to cancel your it should tend to enhance British Once such fires start, they have proposal as to the increase, so as credit by avoiding large additions practically to burn themselves out to maintain our ever friendship in the comnng year to the floating as there is no facility left for ef and the continuance of our peace- debt."--British Wireless Service.tinction. ful dealings.

Paxi

Saigon

Peking Canton

BRANCHES: Lyons Haiphong Shangbai

Marsilles Hanol Tiantain

Eongkong

BANKERS:

FRANCE:-Societe Generalo, Banqur

Paris et des Pays Bas LONDON::Midland Bank Lotali, NEW YORK: Irving Bank Columbia

Trust Co.

Every description of Banking and Exchange Business Transacted. Corre spondents throughout the world. A. BOLLIN,

Hongkong, 1st December, 1925.

Manager.

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA. Incorporated by Royal Chatar 1853. HEAD OFFICE: LONDON.

£3,000,000 IN LONDON: The National Pro- Paid-up Capital

£4,000,000 vincial & Union Bank of England, Ltd.; Reserve. Fund

£3,000,000 Comptoir National d'Escompte de Reserve Liability of Proprie- Paris; Credit Lyonnais.

Generale.

IN NEW YORK: J. P. Morgan & Co., Fresch American Banking Corpora șion; Guaranty Trust Co. of New York

Agencies and Branches.

tor...

ALOR STAR

(Malay Scaten).

AMRITHAR

BANGKOK

BATAVIA

to.

BOMBAY BAIKUTTA

CANTON

Interest allowed on Current Accounts and Fixed Deposits according arrangement.

Every description of Banking and Exchange Business transacted.

A. LECOT,

Kanager.

Hongkong, 11th December, 1925.

NEDERLANDSCHE HANDEL MAATSCHAPPIJ.

( NETHERLANDS TRADING SOCIETY.)

Established 1824. Hongkong Branch Established 1906.

authorized pits G 180,000'000 £12500,000 PAR-Up Capital... G 80,000 £ 6,851,67 Reserve Fond..... 10 £1,159,778 Special Ratto ... 2 40 2888,250

·HEAD ́OFFICE:-Amsterdam, CASTEEN BEAD OFFICE:Hata via.

BRANCHES

Sandersin: Band Bontbey

Calcutta

Djakjakarta Kota Radin

Pidang Panang

Botterda Elbespore regal

Cheribou 14onteir The Hague Kobe

Medan

Pembang

Pontianak Ница пик Karabsin FJilusjaj

CAWNPOUR CKBU COLUMBO DELHI HAIPONG UAMBURO HANKOW HONGKONG ILULO IPUI

KALACHI

KLANG

конк

KUCHING.

KUALA LUMPUR

MANEAS

MANILA

MXDAN NEW YORK

PEEING PENANG PENAWAR PUKET BANGDON SAIGON

ARMAKANG BEREMBAN SHANGHA SINGAPORK BOURABAYA TAIPING (F.M.83 TAVOY TIENTUIN TOKYO THINGTAO

YOKOHAMA

ZAMBOANGA

ing business transacted.

+

TRADE DISPUTE.

COMPRADORES REPLY TO THE DEALERS

RUBBER PRICES.

Obviously, therefore, in coun tries notoriously subject to earth- quakes and similar convulsions of Messrs. Carroll Bros have receiv-nature, unless the policies contain- ed telegraphic adɗthem from Singa-ed a condition that loss or damage poro advising that Rubber le now happening under circumstances "quoted at 66 cents per ib. The such as the foregoing was not in2o following Dividends have been sured against the companies, it declared:-

they did business there at all, would Mayfields-26 per cent. Interim be under the constant necessity of making 75 per cent to date:

limiting and restricting their total New Seudale 5 per cent Interim, commitments not because of the Below are the latest quotations-fire hazard, but because of the pos

Straits.sibility of what might. conceivably

Through their association the compradores of Hong Kong for- eign honga have intimated to Chinese dealers who buy through them that as from January 1, 1927 the compradores commis- sion will be 1 per cent. Instead of 1 per cent, as hitherto.

After a series of meetings, the Piece Goods Dealers and Sun- dries Dealers replied to the com-

(Phillpine inlude) pradores, refusing to acknow- Foreign Exchange and General Bank-edge the increase. Yesterday Current Accounts opened and Fized the Compradores Association re- Deposits received for 1 year or shorter plied to the dealers' letter to the periods, at rates which will be quoted effect that they did not see their on "application.

A. H. FERGUSON, way to alter their decision,

It now remains to be seem what will be done after the holidays, whether dealers who wish to buy.

Manager.

Hongkong, 1st August, 1928.

ا دارم

Ayer Moleks Ayer Panas Balgownies Bassetta.. Bregas

Allenbys

290

Alor Gajahs

3.00

Amalgamated Malays

450

2.35 12.75

4.70

1:30

1.50

Bukit Jelutongs

10

Bukit Katils.

"15.

Changkat Serdange

o.to

Connemaras

Glenealies

2.60 3,80

Indragirie

10.0

Jerams

1.75

Jimaha

2.60

Kedahs

4.40

Кетрав

9-10

Kuala Siding

Lunas

Malaka Pinda's

··2.65

1,800,000 1,050,000 ....1,350,000"

Malakoffs

49

Mandal Tekongs

70

Mayfields

15.25

Mentakabs

New Serendahs Pajams

Hour RYA

THE BANK OF TAIWAN, LTD. THE MERCANTILE BANK OF

(TAIWAN GINKO.)

Peckiongan

Kualoak Blinghini

Incorporated by Special Imperial Charter, 1899.

Siboys (Fumare) Capital Subscribed" ..... .Yen 45,000,000 Hoerakarta (Solo) Capital (Paid-up) Ten 89,975,000 Woltarteden.

HEAD OFFICE:-Taipeh, Formoss.

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

DESCRIPTION.

O. STEENSTRA,

Manager.

Hong Kong, 80th Dec., 1926. THE YOKOHAMA SPECIE BANK, LIMITED.

Established 1880.

Capital (fully paid-up) Yen 100,000,000 Meekrva fand ... Yen 89,500,000

Head Office:-YOKOHAMA.

Branches and Agencies at:

Newchwang.

New York.

Osaka.

Peking Rangoon.

"Rio de Janeiro.

Baigon. San Francisco Beattie Semarang, Shangha

BRANCETS:

INDIA, LTD.

HEAD OFFICE:

16, Araomožnrol Street, Zoudon,, J. C) Bj..."

Authorised Capital....28,000,000 Subscribed Capital

Paid-up Capital ....

Reserve Fund

ANKERS The Bank of England Milind Bank, 144, - BRANCH KAT

Kuala Lumpur Bangsun JAPAN:-Tokyo, Yokohama, Kobe, Bangkok Golla

Batävis Hongkong Kuantan Priang) Hhangha Osaka,

Mindran. Bombay gwrair?

New York. Bingapore FORMOSA: Giran, Kagi, Karenko, comitia Kandy

Panang Colombe Karachi. Keelung, Makong, Nanto, Shint Kuta Bhara Fort Loula (MauritJux) chiku, Taichu, Tainan, Takao, Tamsul, Tom, Hatto,

ÜONGKONG. BRAGTEN, Every rips of auking and Ezohanga baaf-- CHINA:-Shanghai, Hankow, Amoy,

Pllowed on Current Asconsin at 2 per Deporia A rates that may be necertained on application.

OʻL C. BANDEJ

Tailo

Foochow, Swatow, Canton.

O

"

OTHERS Hongkong, Singapore, sont per arman on Day SAATION MAG UA FLOT

Soerabaya, Semarang, Batavia, London, New York,

Bombay,

Calcutta.

LONDON BANKERS;

London County Westminster and··

Parr Bank,

The Bach has Cerrespondanta in the Oomaserola). Castros Lá 104e-Enropean Continent,. Kumin, MAY

·Philippine Jara, dou

«7; Queno's Kond Central, Hongkong, June 18

Manager.

THE BANK OF CHINA:

行

中

durite imelaga Apa Jado-China, Blata, hadis, (Specially Authorised by Presidential

Internet allowed in Current Ecomusta, and Ffaed Deposita at jaten which will be quoted 'om spaliów. tion.

TAKAGI T. Ant Manager. HONGKONG BRANCHİ

& Dei Voux Road Central," Hongkong, 7th May, 1926, 147

THE BANK OF CANTON, LIMITED.

Load Ones

Authorised: Capital

Paid Up Caplini vangakazidi (BRANCHES - PAIN CON

ELORE DER

1206,000

Bwator

· Darrependeza tu ali, Principal citim of the

ZONDON, MANICHES An, 100:

Mandate of the Republic of China on the 22nd of Movember, 1917); Authorised Capital $60,000,000.00 Paid-up Capital & de $18,E 0.00 Reserve Fund LAN € 0,629,1

2

Punggora

Sandycrafts Scudals Sungei Bagans

Tapahs...

Tambalaka

happen if an earthquake occurred. The insurance companies, folu expensive lowing extensive and Kitigation, realised that the whole position as regards the policy exemptions was very unsatisfactory, I think I am expressing the view generally held by the companies when I say the last thing they wieb is that there should be any differ ence of opinion between them and their clients as to what is covered; by a fire insurance policy.

Gradual Process of Education. There is no desire at all to issue

cover

a policy which pretende' to something more than the companies

3 CO are

400

6: #50

are legally liable for under the strict wording of that policy, and no company wishes to have disputes Bettled in court

Now, with this broad principle in mind, the companies set about pro-i viding new.conditions which would

show clearly and without a shadow! 260.x d. of doubt that a fire insurance policy 1.20did not cover these hazards, which

3:30

2.80

4:15 -33.40

*1.35-

Teluk Ansons...

- 16.75

United Malaccase

Utan Simpana

MEXICAN OIL LAWS --

I have for convenience styled "con- vulsions of nature.!?!.

We had come through a gradual process of education. San Fran cisco had taught us that in a case

where our policies did not contain 260

a specific protective clause we had 460,

to pay, despite other clauses bear Ing on the state of affairs created "by an ear bake which might help us. Valp shown the difficulties is our clause under

Mexico City, Dec. 80, President Calles has declined an application by several foreign of companies for an extension beyond January 1, the date on which the new Merican, land, and petroleum laws wil

The companises ex were unable to as they stood not protect before 1917

The

HEAD OFFICE:PEKINGE HONGKONG BRANCE 24. Queen's Rood Central Branches; and Bub branches all over Chink-and- Correspondanta: In- Büropa, Amaries, and other parts of the world. Lon on Bankers The National Provins also dia Si-dal and Union Bank of England; LAA.

The Guaranty Test Company

w York T

New York Bankera; Te National Bankrate.

The Equitable Trust Company

Interuit allows

and Fixed Deposit

sident's

stan Brough Jamaica of the we wou

Borsalino

THEY

'ANTICA CASA. BIONDATA: NEĮ

1887

are used by millions of Men who care for a really superior Hat

THE SINCERE CO., LTD.

Agents.

Malarial Debility

When the malaria itself has left off, when the ravages of the parasites have broken" your strength, that's the moment to start taking Sanatogen. Your bloode in, weakened and Senatogen wit multiply the quantity of sed corpuscles in an amazingly short time.

A doctor, writing in the Medical Press 2. Cliqular, ban proved that this incase of red blood comprades par Circo in acçne cases was sa higlo na 99,000, in one week, " and avan 300.000 in a fortnight.ht : 4,2。,

Sapatogen will infuse incn dise very calls of blood, nerves and close exazzly those elementa-phosphorus and albumin-froes which, strength is darived, and ac will povitalise your whole system" la'a mADAIRE WAY..

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