NGRAND: SHANGHAP
CORPORATION.
#60,111,000-
EL BANK OF EAST AS
HEAD OFFICE HONGKONG
10, Uek Vinux Road Central Hongle caretage
W. B. Hall, Z.
J. A. PiumQY
T. O. Well, Reg.
LE: P.-White, Esq.
HEAD.
JURT OF DIRECTORS:- Mr. Barnard,
tion: Mr, &. 0. L
Deputy Chairman,
A. Complan, Kes
w: L. Ballenden, Kay.
BANGKOK
BATAVIA
BOMBAY
CALUUTYLA
"CANTON
UNEYDO OGLOMBO
M. Young, Kes.
Oriol Manager,
A. 11. Bacio, Kig BRANCHES-
LONDON
LYDNM
MALAGOA MANILA
Th
AKUT
PHNAND
BRANCHES AND AGENCIES-
Authorised. Capital
„$10,000:nbi).
Pald-Up Capital's midd
Reserve Fonda
5,000,000
200,000 0
BALATIAN
Bombay....
Melbourne Plan Frabiaco Nagpak Beastie
Caletta
New York: Barrang
Canton
Shanghai
Haiphong
Parla
Bingapore
Honolulu
Kinbe
Karlour:
Faking Pen Rangeon
Bouwbay
Tondan Manila
Taipe Tlentain ... Pakye
Correspondents alties of the world.
in all principal
Every description of Banking and Exchange businesss transacted Loans granted on approved securities.
SAFE DEPOSIT BOXES to let,
KAN TONG PO.
Chief Manager.
Hongkong, 22nd May, 1026.
MOUKDEN
NAGASAKI
NEW YORK
17
行銀商工法中
.. PRKING
DAIBEN
POOCHOW..
BANGOON
BALPHONG
BAIGON,
BAMBUNG
+
MAN FRANCIbu
HANKOW
SHANGHAI
U
SINGAPORY
BONGREW
SOURABAYA
BANQUE FRANCO-CHINCISE
pour le .. Commerce et L'Industrie [Incorporated in France):
110120
SUNGHI PATANI
LPCU
TIENTHIN
"JOBORE
TOKYO
'OBR
BARRIN
KUALA
LUMPUH
THINGTAO
YOKOHAMA
Current Accounla apendit in and Curranoy and Pized Deposite received for one row or aborter person Locht Jurtenay and a on tarm which will
quoted on applica
Hongkong, 18th October, des
HONGKONG
S BANK.
The Buriness of the shore Bank be gone ducted by the HONGKONG AND BUANGHAL BANKING CORPORATION.. Kulon way to obtained on application.
COMMERCE AND FINANCE.
ཀ་ས། །
S'HAI EXCHANGE. CHINA AND THE FUTURE OF SILVER.
A. SEEMING ANOMALY.
COLONY'S MONEY.
SEPTEMBER'S FINANCIAL
STATEMENT!..
INTERESTING COMPARISONS.
Total liabilities of $1,425,078.97 are shown in the Colony's financial statement for September.
Revenue and expenditure during that month were as follows
of Assets Balance
and Liabilities on August 31, 1926...$6,521,967.60 Revenue from Septem-
ber 1 to 80, 1926. 1,276,167.18
€7,798,194.82.
The following review of the Shanghat exchange market deals with the week ending December 24. Bar silver quotations during the flue week showed" practically no tuations, remaining at an average level of about 24.11/18 pence In London and 534 cents. in New York. The silver markets in these two centres revealed but little ac- tivity. There were some specula- tive purchases. on behalf of India,}, where the offtake of silver con- Expenditure tinues good, the daily average dur- ing the past week being about 260 bars. However, stocks in Bombay are ample and fairly large supplies are on the way to India, so that not too much support, is to be expected
·B, Chater Road, Victoria, Hongkong. from that quarter at present.
HEAD OFFICE: 74, Ewa St. Lasare, Paria
Capital Besarves
from
September 1 to 80 1928
Balance
Home Coal Stoppage
A further increase in the adverse ships of three members of
sources.
of Dr
The timesta
The times of
trade
balance is the serious effect of staff who have risen from the the coat stoppage on the trade re- rankas, da
Morgan's hitherto have recruit, Hob turns for October..
An, increase in imports at this led their leaders from outsided years 1887 time of the year is seasonal, but the partnership in Morgan's is for Kaulung; Increase this year is in a much rumoured on Wall Street to bb for the Victor greater proportion, as follows:
worth at least a million dollars Aberdeen, the... Total Total year-Router's American Servery small!** Exports. Imports. vice.. Oct. 1926.£68,587,766 £111,018,708 Sopt, 1926 £58,762,664 £101,724,341 Oct. 1925.880,459,408. $108,885,624 The depression in export trade has been caused by the constop page. British coal exports were 9,812 tons in October, compared with 8,225 tons in September, andį, 4,982,484 tons in October 1925.
IL
The Lucky Ones..
New York, Jan. 1. The names of the new Morgan's partners are Francis. Dwight- Barfoet, Arthur Marvin Ander-
από
Ewing. William Reuter's American Service.
8011
must not be shar with the times?, change. of phenomena bei
Dec. 81 to
DATE B
Dec.
Standar Timel
The selling price of Post Office i'm 1 reply coupons has now been made 10 cents each.
Import of foreign coal ware 3,489,088 tons, in October, compared with 3,940,880 tons in September 1.600,628.26 and 1,633 tons in October 1926.
For the quarter ended September $6,197,506,56 30, compared with that of 1925, The Colony's assets and liabilities while we purchased more from The names of the, On Wo Ship- on September 30 were as follows foreign countries and less from the Dominions, our sales "to the Deposits not Available 3958,895.37 Dominions fell out slightly in com Postal Agencies
10,861.59parison with the heavy decline in Suspense Account Coal "Account
Liabilities.
Total Liabilities.
Balance
"The Position of Trade. The immediate future of silver prices is closely interwoven with China's requirements. Thesi, in Fra 20.000.000,-*tura, are directly connected with .....F■ 11:180.000,- trade, in this country. It is a no- Special Working Capital ... Bis 60.000.000,- torious fact that there has been no improvement in the trade, stagna- tion caused by the incessant civil, atrife in China, and unfortunately, the outlook is not very bright at the present time. While this prognos- tication relates with equal force to jexports, as well as to imports. It is Imprest
Paris
Saigon
Peking Canton
Shanghai
BRANCHES.
Marcelle Lyons Haiphong Hanol.
Tientsin
Hongkong
Chlof Manager
FOR THE HONGKONG & HANGRA BANKING CORPORATION.
17
Hongkook, 27th May,11220
B. Barlow,
BANQUE DE L'INDO-CHINE,
HEAD OFFICE: 96, Boulevard Haussman, Paris.
Frs. 72,300,000,00 Subscribed Capital Paid-Up Capital FT. 68,400,000.00 ..... Fr. 50,667 268.84 Reserys Fund
BRANCHES.
Bangkok
·Bitumbang-
Canton:
Dijibouti
.
Hanoli Hongkong Mongtas
Nowe
Fort-Bayard Paperia
Haiphong Flimkow
Pondicherry Bulgon
Shanghai
Ningapore
~ Tlentin oking Prom-Ponb Yannafa
BANKERS: IN FRANCE Comptoir National d'Escompte de Paris; Credit Lyonnais; Banque de Paz et des Pays-Bas; Credit Industrial et Commercial; Societe
IN
LONDON: The National Pro-
Ltd.
de Nationg WEIN, NEW YORK: P. Morgan' & Co.; French American Banking Corpora dong Guarunty Tilistwo, of New-York
vincial & Union Bank of
to
4 Interest allowed on Current Accounts and Fixed Depositi, according arrangement.
Every description of Banking and change Business, transacted.
A. LECOT,
Managar.
Hongkong, 11th December, 1926.
NEDERLANDSCHE HANDEL MAATSCHAPPIJ.
NETHERLANDE TRADING BOCIETY.)
Establahed: 1824. Hongkong Branch Established 1906, disbonized v apital 67. 180,000,000 £12,500,000 Padd-Up Capital... G. 80,000,00£8,68,6% #merve Fund....... 2, 7340:2 1:59,778 Noecial Booëve ..G. 2, 60.00€ 1 888 350 HEAD OFFICE:-Amsterdam.. WASTERN BEAD OFFICE:-Batavia. BRANCHES- derman Bandorg
Cheribon
Bombay
Touber
The Hague Kobe
"EGRASST Mixin
Palembang
1!
Peoniongan
Pontianak +Ranoom
Backlang
Shnaghal
Boerabaja 81g (Sumatra)
BANKERS:
FRANCE: Societe Genersie, Banque. Nationale de Credit, Banque de Paris et des Pays Bas LONDON-Midland Bank Ltd, NEW YORK:-Irving Bank Columbia
Trust Co.
t
448,505.49 7,016.52
1,426,078.97 6,197,506,56
'Total'........ 87,622,585.58
Assets.
Subsidiary Coins Advancon Building Lonns
$1,652,973.30
152,694.38
la peculiar fact that all steamers on House Service Account the European run are booked to tinellocated
(P.W.D.) full capacity, and it is often found difficult to obtain freight space, Unallocated
From enhanced rates.
(Railway) even Agures published by the United Investment Account States Consulate-General at Shang-Lorry Haulage Ac- Every description of Banking and hai, it is learned that China's ex- Exchange Business Transacted Corrports to America, during the first 11 months of the current year were spondents throughout the world.. A ROLLIN,
as Evalued at 120 million dollars,. Manager.
compared with 148 million dollara Hongkong, lat. December, 1925.
for the identical period of the past Tyear, though Shanghai alone" main-
tainad exactly its last year's turn- A comparative statement of the over. It will not come as a Bur- revenue and expenditure for the prise if it is found that the publica- period ending September 30, 1926 tion of the Customs revenue forgives the following totals:---
Revel..... 1925 will possibly reveal figures.
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA. Incorporated by Royal Chater, 1858, HEAD OFFICE: LONDON. Paid-up Capital Reserve Fund Resarve Liability of Proprie
tor...
£8,000,000 £4,000,000 £8,000,000
Agencies and Branches.
ALOH STAR
(Mainy Blaten)?
AMRITSAR
BANGKOK
BATAVIA HOMBAY CALCUTTA CANTON
DAWNPORE ORDU COLUMBO DELH1 BAIPHONG HAMBURG HANHOW HUNGKONG TLOILO IPOU
KARACHI
KONK
XLANO
KUALA LUMPUL KUCHING
MADRAS
MANILA
MEDAN NEW TOBH PEKING PENAND PESHAWAR " PUKKT MANGOON BAIGON
SEMARANG
BEERMBAN
SHANGHAI FINGAPORE BURANAYA TAIPING
[V.M.8.). TAVOY
TIENTSIN TOXYO!
THINGTAO
YOKOHAMA
ZAMBOANUA
(Philippine Innada)
: our sales to foraigners.
|
Mon.
ping Co., Ltd., the Grand Central T. 10 Trust Co., Ltd, and the Chai Ying.w.m.116. Land Investment Co., Ltd., have been struck off the Hong Kong T companies register
HONG KONG 1 TH ROE:
APPROXIMATE
Butcher Meat.
Steak Sirloin Sausages:
Hump, Salt
Fest
Kidney's
Tall
Liver
"
处
Tripe
牛肉
Dec. 22, June, June, 1026. 1918. 1914.
Cts. Cts. Ct..
15. :80-
30
24 23-12
12
Chicken
PRICES.
Poultry
88 28 12
Capons, Small
Capona, Large
Dover ...
Eggs, Hen (cooking).......
Pigeons, Canton
Turkeys, Cock Turkeys, Hen
Snipa Pheasant
Quafi Partridges
1,572,228:55
64,821,00 3.377408
Stores,
441,057409 Beaf Sirloin
Stores,
Prime Gut
#
402:552.78 3,254,271.91
19
Corned
"
Roast
24 BO
22
Н
Duck
14
Brenst
28
20 18)
count.
Balance at Banks Crown Agents Current
Account
4,744.47 46,096.70,
D
Soup
26.
20 *18
Steak
30 24. 22
Eggs, Hon. (fresh)
FE
46 30 35
Fowls, Canton
27,768.91 7.
40. *26
20
Fowls, Hainan
Bullock's Braing
per est. 16
*10:
12
Gezo
Total
$7,622,585.59:
11
Tongue, fresh....
each 6050:
60
16
Tongue, corned
80%
"1
"
Head
.. $1.40
-- $1,20
Нейт
31
24 13 14
lb. 34 20 18.
oach 12 10. 12
1)
- 18
20
10. 10:
20' 22.
Ib. 22 18
14
& 10
7
ast $120 $1.00-$1,00
1b, 50 26
60.
20
45.
24
52
Almonda
40
Apples (California)"
Brains
Per st 8
Bananas (bride's): «
Feet
lb.
18
15.
#
Fry
15 20
13
11
Coconute
Head
16 20.
"
Lemons, Chipa,
Heart
each 13
10
10
Lemons (America)-
Kidneys
# 12 10
"
Licheen, Dried"
Liver
»
b.
50
-80
24
Pork Chop
B5
.25 23:
#
Low 2/5.7/16 2/5/%1⁄2 59.7/16
20
Leg
- 88
H
82
69 82.
398.70 2434 *58%
The very dull market we have recently experienced was even quieter during the past week, as is
22 Holiday not unusual during the season, and the amount of business put through was on a very restrict- ed scale,
Although buyers are holding off Suet, Beef
Mutton there was but little change in prices as sellers are unwilling to accept
Sausager lower rates which has caused al- most a deadlock.
Loin
42.
00 70
"
Fat or Lard
24 21-
"
T
Sheep's Head & Feet..per set. 20
Heart
60 70
each 12
8.
Kidneys
17
Liver
#
Sucking Pigs, to order.
Venl
No.
Fish
Leg...
Shoulder Saddle
#2 .....$21,867,748 which, though not surpassing those Estimates 1926 of the few preceding terms, might Rev. Sept 1 to 30, 1928 1.276.167. prove to be larger than anticipated Rev. Sept. 1 to 30, 1825 1,415,965
Rev, to Sept. 30, 1928., 14,260,801 Calves' Head & Fest. by many people.
Tientsin has drawn on Shanghai Rey, to Sept. 30, 1925. 17,764,481 Mutton Chop
Expenditure.. during December to a considerable
.$23,790,615: extent, and besides substantial ship Estimates 1928 ...... ments of sycee, taels had to be sent Exp. Sept. I to 30; 1926 1,600,528 from here to the northern port re- Exp. Sept. 1 to 30, 1926 2,079,560 Fig's 'Chitlings cently. Yet up to now money is. Exp. to Sept. 30, 1926.16,185,778 still easy here, though it could be Exp. to Sept. 30, 1925 .. 19,578,067 observed that towards the close of the week banks preferred to buy foreign currencies for forward de- of for December. livery instead. The undertone of silver is still weakish.
Foreign Exchange and General Bank-£ ing business transacted.
4
Record of Business. Done
High
U. S. $ Yen Current Accounts opened; and Fized. Deposits received for 1 year or shorter
407.70 periods at rates which will be quoted Gold bars.
Silver, London.... 24.9/16 on application.
Silver, New York. 58%2
A. H. FERGUSON, Maunger. Hongkong, 1st August, 1928;
THE BANK OF TAIWAN, LTD: (TAIWAN GINKO:)
Incorporated, by Special Imperial Charter, 1899.
Capital Subscribed
Tilatjap Toerakarin (Solo) Capital (Paid-up)
Weltevreden
LONDON BANKERS:
Nation 1 Provincial Bank, Ltd.
Crespondents all over the world.
BANKING BUSINESS OF EVERY
DESCRIPTION:
O..STEENSTRA,
'Manager,
Hong Kong, 80th December, 1326, THE YOKOHAMA SPECIE BANK LIMITED.
"Established 1880, Kapital, (fully paid-up), Yen 100,000,000 Reserve fund
'Yen'' 89,500,000
Head Office:-YOKOHAMA, Branches and Agencies ats
Newchwang New York Osaka.
Paking Rangoon
Rio de Janeiro. Batzon San Franelson,
(Mukden), Beattie
Kong.
Semarang
Osaka.
Ten 48,000,000 Yen 89,875,000
SHANGHAI SHARE. SLIGHT RECOVERY SINCE. DECEMBER.
Messrs. Douglas Fleming & Co.'s weekly report was published in the "North China Daily News" on Dec. 28 as follows:
There is little to remark on the doings of the market during the
LOCAL TRADE REPORT.
Messrs. Moxon and Taylor's weekly share report for the week ending: Friday is as follows:-
Shanghai markat continues quiet:
B
WAR DEBT.
Rugby, Jan. 1,
הּ.
Barbel Bream
It is officially announced that Canton Freak the Chancellor of the Exchequer, Water Fish Mr. Winston Churchill, and Gen-Carp eral Sinel de Cordes, Portuguese Catch Minister of Finance, have signed Cod5sh in London an agreement for the Crabs funding of the war debt of Portu. Cuttle Fish
Dab gal to Great Britain.
R+EZSENGÉES<IBIELAREEFEREREKOBLÉENZIONE
BÁZER
牛羊仔
EREREEBERRES*+*+EFERTE
jb.
T
31
Carambola
Walnuts Grapes
Fruits
Vegetables,
15 12 10 26: 25 50 25 26. 22 -80- 20 18
60 28 26 30 20 39
40 20 20
19
15 2014
21-18 18
Oranges (Canton)
Oranges
Pears (Canton) Peanuts
Persimmons, Larga.
Plantain Pumelo, Blam
Artichokes. Beaza, Sprout,
"Long
Beat Root.
Bitter Squash
Brinjala, Green
Red
Cabbage, Chinese
(Shanghai) Cans Shoots, burch
· Cauliflower“ (Large)",
"
M
361915 1914
ta, Cts Ctr
35
80
80
35 28.80
15- 20
reach.
13.
each lb.
each
Ib.
Age 383 12 HU
199
18 16.27
24
24
20% 25
60
2328
nn 16 2
(Medium).
76
28 18
(Small):
lb.
14
10
Carrots
12. 10
B
Celery, Chinese
25.
18
Chillies, Driede
Fresh Water
201
10
Red
30
Yellow
45.
26. 80.
Green,
0
40
32 25.
Curry Staff, Englis
80
40 80
Cucumbers
28 18 15
Garlic
22: 22
HEAD OFFICE:-Taipeh, Formosa past week, as the December settle ment has absorbed all tendency BRANCHES. JAPAN: Toko Yokohama, Kobe, toward genuine business. All shares have recovered slightly since FORMOSA: Giran, Kagi,, Karenko, that date, and prospects for the
Keelung Makong, Nanto, Shin- chik Taicha, Tainan, Takao, New Year seem rather brighter.
This is the last orasion on which Tamaui, Toan, Hello, Talto.
Hankow, CHINA:
Amor, this report will be issued under the Canton, Swatow
above caption, as from January 1, OTHERS: Hongkong, Singapore,
Semarang, Batavia, the firm of Douglas Fleming & Co. Bombay, London, New York, is voluntarily dissolved and reports
will be published under the names£300,000 for 1928, and £850,000
for each of the years 1929 to Frogs. of Crempton & Baker.
1938, £400,000 for each of the Garoups years 1939 to 1987, and £200,000 Gudgeon for the year 1988.
Herrings bas
вослож
Soerabaya,
Calcutta....
LONDON BANKERS: Landon County Westminster and Parr's Bank,
The Bank has Cortespondenta la (he Commercial | Centres in the European Continen, Ruanda, Man abaria Tangtao, Japan, inda-Coins). Mina,, 'India, Pallippine Lande, Java, Atrása, do..
Interest allowed us Currentaksosente, and Pizad Deposita ni iktos which will be quoted-mat.mpplica
HONGKONG BRANCE
8, Des. Your Boad Central Hongkong, 7th May, 1926. ***!
THE BANK OF CANTON,
AuthoKind. Capital Paid By Cik "Allfegr", Boverve Fund „BRANODE
THE BANK OF CHINA. 行銀國中
The agreement provides for the Dace payment by Portugal of sixty-Dog Fish two annuities, namely £125,000 Eels, Conger for 1926, £250,000 for 1927
Portgual has the right to re-Halibut
(Bppaially Authorised by Presidential deem the debt by a single pay
Mandate of the Republic of Chinament of £5,500,000 before Decem
on the 22nd of November, 1917).
ber 31, 1927-British Wireless Lobsters Authorised Capital $50,000,000.00 Service. Paid-up Capital
$18,278,600.00 Reserve Fund. € 9,929,425.24
HEAD OFFICE: PEKING.
HONGKONG BRANCH
Branched and Bub-branches all over Chian and Correspondants in Europe "Amarina, and other parte at the world Don Jon Bankcase The National Prin
Telkland Union Bank of
The Guaranty Trust Company of
York
BRITAIN'S FINANCES, "W
London, Deo. $1
"The Treasury's revenue returns of the United Kingdom for the months to December 81 ahow pre- venue at 2479,030,563, compared with £499,678,926 during the... responding period of 1925, indios ing a decrease of £20,858,388
Macker (Monk Pis
Mallet
18 18.23
"20" 22 18
4512224;
-82 21
Ginger, Young
Old
Horseradish, Shan 'Indian Corn
Water Chantipt.
Lettuce,
20.
18
Mushrooms, Presh
22
Okroes
2016
29
Onions, Bombay
Green
Parsley Potato,
Shanghal
World:
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