1927-01-17 — Page 2

HONG KONG AND SHANGHAI THE BANK OF EAST ASIA, LTD.

BANKING CORPORATION.

Authorized Capital.

Land Pally Pallup

Harling...μM£F

.rt 41

Keerre. Liability of Proprietor'..... #30,00); (UK) -

HEAD OFFICE. HONGXONO

COUNT OF DIRKUTORS

Son, Mr. G. M. Bernardi.

CHAITIAN

Hon. Mr. A. C, LAUR,

W. H. Dai, Raq

Deputy Chair

A. 1. Complan, eg,

J. A. PiumiNT

'To?Wasil, E

U. P. While, Hay;

W. Fattende

M. Young, Haq.

led innugor

A. Barlow. Yog.

BRANCHES:-

LONDON

LYONM

AHUT

BARUKOR

·HEAD OFFICE: HONGKONG,"I |10. Des Vaur Road Central Hongkong, Authorised Capital ......$10,000,000- Pald-Up Capital

BRANCHES AND AGENCIES:

THE CHINA MAIL

AMERICA'S PROSPERITY:

Hugo Private Foreign Loans,

COMMERCE AND FINANCE.

8,000,000

Reserve Fand .............

1,200,000

Batsvin Melbiam

Hen Franciao

Bombay

Nagankl

Bentila

HOME TRADE

Calcutta. Canto

New York

Sarang

unkn

Shanghal

A siphong

Pari

Singapore

Honolul

Pekboe

Bahaya

Petty

Trij

|Kroelove

Kangoo

Timin

Takeo

Londen aison Mania

in

اله

Correspondents

principal "eities of the world.

Every description of Banking and Exchange business transmetod. Loan aranted on approved securities.

SAFE DEPOSIT BOXES to lat

KAN TONG PO,

Chief.Manager.

Hongkong. 22nd May, 1928.

BATAYLA

MARACUA

KUM NA

MANILA

CALOUFTA CANTON

'MOUK DAN

SANAYAKE

CHEYOU

RE'S YORK

行銀商工法中

COLUMBO

DAIKEN

-FU0ODOW

HAIPHONG

HAMBURG LANKOW FLA KAIN

HONGS W

11011.0

[YO

JOHOKE

RODE

KEANA

LUMPLA

FRKING

PENANG HANDON

MARION W

SHANGHAI

SAN FRANCISCO

MINGATORE

SOURA HAYA

SUNDER PATANT JHEXASIN

TORVO

THINGTAO

BUKOBAMA

Current Accuenta opened a focal Garrones And Fixed Depofle recaived for one pour T skorter periods in Log ritualin DRAFOTEN WI, whil quoted on regiona

Hongkong, lit. Qoler,

HONGKONG SAVINGS BANK.

The Bust of the share Brul om $ by -HONGKONG AND. SHANGHAT BANKING CORRURATION, Rain may be nated on application.

POIL THE DONGKUNG & BILANGIJA BANKING CORPORATION

Henger, 275 MLLY, 14980,

A. H. Barlow,

Gishu Y

BANQUE DE L'INDO-CHINE.

HEAD OFFICE:

96, Boulevard Haussman, Paris.

Subscribed Capital

Faid-Up Capital Leserve Fund

Bangkok

Battambang

UMALOD.

Dubout

FTE: 72,000,000.00

BANQUE FRANCO-CHINGASE. pour le

Commerce et L'Industrie --

(Incorporated in France).

3,. Chater Road, Victoris, Hongkong,

HEAD OFFICE: 74, Bue 81. Lazara Parta..

!Capital ..

SHEFFIELD IRON AND STEEL

Department of Commerce: Agures disclose that America's private investments abroad' as SUGAR IN BORNEO, distinct from Government loans

INTERESTING EXPERIMENTS

TRIED.

totalled $2,100,000,000 at the end

JANUARY 17, 1927.

LOCAL SHARE MARKET

OFFICIAL QUOTATIONS.

HONGKONG, JANUARY 17, 1977, 10.30 am.

Hongkong

Stock

· Exchange

1/144 7934

¿Bertaun. Braban -KATO: J: Bal

Beclar

4

do... London

đò.

་་

€32 £13%

Ero

2034

Di

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b

£100 bi

£1:17

£X1

£31

C.

£136

£934

84

80

76

650 1.4

50%

1640

ये 145 T149 a 184b 288 289

1 10

1.20

140 *

289.

200

$43 M. n (sa)

40.

200

b

στι

615:

of last year. In 1900 such invest TT on Londen ments totalled only £100,000,000. TT. on Shanghai

* Banks.. By 1914 they had grown to £500,000,000. Since the outbreak Hongkong Bank While working conditions in some The Conservator of Forests, Bri-of the war, therefore, Americans of the steel-product departments tish North Borneo, in his report for have added $1,600,000,000 to Chartered Bank have slightly improved, the bulk of the year 1925 states:-

their foreign investments. Of Marcantile Bank, A. & B A 66-day test was made at Soma this great total Europe bas employers are still more or less,

wang in making white sugar from. marking time until quotations in the

400 roughly $500,000,000, Canada and P. & O. Bank eap. Approximately basic sections become more settled nipa and there is better prospect of pounds of 97deg.-99deg. sugar was Newfoundland £600,000,000, and Bank of East Asia.

Marine InsuranceA. steady deliveries. The quantity of made. The usual diffulty was en- Latin America £800,000,000. The steel available from local sources countered with labour. The experi- Department of Commerce also Canton Insurance has not greatly increased, and can- ment, however, brought out many made public to-day the report of China Underwriters not do so until the big steel-melting important phases of manufac-the Secretary of Commerce, Mr. North China Insurance.. plants resume operations. Some of ture of sugar from nipa, sap. these, having suspended production The process of manufacturing Hoover, who states that in the fis-Union Insurance! ... at the outset of the con stoppage. nipa, sugar on a commercial scale cal year ending last June the Yangtze Insurance

an standard of living was the high have in reserve considerable ton-ean enly be successful wheb nages of pig iron, but before they economical method of using Hime in they the field is found, and where labour decide to re-light furnaces wish to be certain of renewing is plentiful and easily available. stocka, at reasonable rates. It seems unlikely that any move this direction will be made before the new year. Meanwhile, electric furnace Installations are doing something towards restoring the de- ficiency from open-hearth plants, though the difference in relativa capacity loaves a big margin satisfied. Bar-iron supplies, have improved with the restarting of dis-

...Fru 20,000,000,- ........... Fr 1:100.000,-triet works..

Special Working Capital... Fm 80.000.000,-

BRANCHES. Lyona

Marcollies Haiphong Hanoi

Paris

'Saigon

Peking Canton.

Shanghai. Tientsin Hongkong

In

un-

en-

Nipa Motor Fuel

Fire Insurances. est in the country's, history. China Fire Insurance Figures compiled by the depart-HK Fire Insurance. ment show that there was: prac-

Shipping. tically no unemployment during Douglasenge

(Def.)

30

D

יט

·25348. The experimental plant for manu- the period and that the volume Hongkong Steamboats.. facturing motor fuel alcohol began of production and consumption E.K. Tugs & Lighters.

do. operation this year on January 27, exceeded the figures for the war Indo-Chinas (Pref) and ran 99 days, closing down May period. Wages were never before

A total of 10,964 gallons of say:

Shell Transporta so high.

Star Ferries were collected. The labour pro- 'blem is a

serious one, imported

Water-boats Filipino labour stayed a few weeks and then left.

1.

GERMANY'S THRIFT.

Refineries.

China Sugars Malabon Sugars Mining,

I Filipino labourers with their The discharge families could be induced to settle outstanding contracts is assisted by the labour problem would be great- fuel deliveries under contracts fix-

ly alleviated. ed before May. The heavy gineering departments are still had ly in need of suitable materiale, but In several directions brighter pros Fects are prophesied, provided costs can be kept within economic limits. Inquiries are circulating from the British Admiralty for small tools.. FRANCE Societe Generale, Banque and Colonial purchases are fairly large, but engineers are limiting orders until there are definite. prospects of placing production on NEW YORK:-Irving Bank Jolumba wider basia. Spades and shovels,

Automobile-tool kits, and railway in Borneo. It was first reported (4135,000,000). It is still, however carriage fittings are active lines.from the East Coast and hos since far below the 1918 level of 18.34 "Engineering

been found in the Sandakan Resi-milliard (£915,000,000:)

The roturns of the German savings banks show that the war Benguets Native labour in the past has been and inflation fevers in Germany Kallan Mining Ad. unsuccessful as a general rule, have now worked themselves out, few of the indigenous population at and that the small man is return Langkats (Combined).

do. . (Single) Semawang have picked up a know-ing to the nabits of thrift which see of nipa treatment from the have characterised him in the past. Shanghai Exploration Filipincs and these give promise for The inflation of 1923 awallowed up Shanghai Loan

the whole of the savings in the Raubs banks. By November, 1925 (one Tronoh Mines year after atabilisation) a total of Ural Caspians 1.5 milliard marks (£75,000,000) had] Docks, Wharves, been again accumulated; by Septem- ber, 1926, the figure was 2.7 milliard H.K. & K. Wharves

BANKERS;

Nationale de Crodit, Banque da Faris et des Pays Bas:

LONDON:-Midland: Bank Ltd

Trust Co.

Every description of Banking and Fra. 68,400,000.00 Exchange Business Transacted. Corre ..... Fra. 50,067,288.54spondents throughout the world, BRANCHES.

A. HOLLIN,

Manager. H&noi

Hongkong, 1st December, 1925,

Yor-BAYAN! I'

dankow

Pondicherry.

Hongkong

5. Nou

Suigus

-hanghai

Singapore Plontai

❤cking

Yuun ola Paou-Ponti BANKERS: IN FRANCE: Comptoir National '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.;

National d'Escompte Comptoir Paris; Credit Lyonnais.

do

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

10

Interest allowed on Current Accounts

Fixed

according And

Deposits Arrangement,

॥

Every description of Banking and Exchange Business transacted.

A. LECOT,

Manager.

Hongkong, 11th December, 1925.

NEDERLANDSCHE HANDEL MAATSCHAPPIJ,

NETHERLANDS. TRADING SOCIETY.)

Established 1824. Hongkong Branch Established 1906.

Authorized tapit: 0 180,000 000 £12500,000 Pad-Up Capital... (7 89,000 0.446 07 Beserve Fand.....0X40260,718 Special Rorro.... 92 600£ BR0 HEAD OFFICE:-Amsterdam. BASTERN HEAD OFFICE:-Batavia, BRANCHES:- Bandjarmasin Bands g. Bombay Valentin

Choriban Djember Djödial The Haguen Djokjakarta Млевани Kota-Bada Padang

Penang

Botterdam Slugspore

• Modian

Palembang) gow,ɔngan.

Panlasak Rangoon

Bauza kug Shanghai

16

BRITAIN's £18,586,000:

A Bank On What It. Mears.

to

New York,. Dec: 15. No meap achievement" is the comment of the American Press on THE CHARTERED BANK OF to-day's payment the 8th half-

yearly instalment by Britain INDIA, AUSTRALIA & CHINA.

the United States Government of Incorporated by Royal Chater, 1858. 413,686,000 interest plus £5,000,000

HEAD OFFICE: LONDON. principal of her war debt. Pald-up Capital

£3,000,000 It is pointed out that the British .... 24,000,000 Government has now paid £128,566,- Reserve Fund..

F000. Reserve Liability of Froprie

£3,000,000 tore ......

Agencies and Branches.

ALOR STAN

(2nly.BAIN) ATLITE H BANGKUK BATAVIA RUMBA CALCUTTA CANTON CAWNPOLE CEBU POLOMBO. DELHI HAT HONH AMERLIN BANKOW 130NUK9I

KABAUH!

KLANG

**

KUALA LUMPUJA

KUGHINGS

MADRAS

MANILA MEDAN NEW YORK KING PENANG PESHAWAR PRET RANGOON MAKRON BRMARANG BEREMBAN KILANGHA! BINGAPORE. SOURABAYA TAIPINO TAVLJ

TIESTSIN TOKYO TSINGTAO YOKOHAMA

ZAMBOANGA

(Phillyplinala).

Foreign Exchange and General Bank- ing business transacted,

In a bulletin issued by the Bank of America reference is made to what is called "the far-reaching Pan-European movement aimed to pool the interests of various Euro- pean nations" the better to oppose American industrial and economic competition. The bank's conclu- sion is:

It le too late to listen to those who still advocate a policy of can- cellation of war debts or a further

moderation in terms. In years to come the United States will have difficulty In holding its own against joint European efforts to regain the markats of the world.

As long as European nations are taxes burdened with the heavy Current Accounts opened and Fized necessary to provide their trea- Deposita received for 1 year or shorter suries with the required surplissen periods at rates which will be quoted to be paid annually to the United on application..

A. B. FERGUSON, States these taxes will to a large

Manager.

Hongkong, 1st August 1920.

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

Incorporated by Special Imperial Charter, 1899.

extent offset the higher cost of pro- duction here and the contest may

the

be more or less an even one.

A let-off on, the part of United States may turn it into a |losing struggle.

More favourable debt settlement terms now would not bring about Ja better feeling towards this coun

try. The damage has been done. The Pan-European movement is in Yen 89,875,000 existence, and American interests demand that there be no leniency HEAD OFFICE:-Taipeh, Formose. in the present terms and conditione, as the economic fight will be hard

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

Bosrabia Shoige (Sumatre) Capital (Paid-up)

Tjilatja,

Soerakartial }. Weltevreden

LONDOŃ BANKERS:— National Provincial Bank, Ltdi Correspondents all over the world. BANKING BUSINESS OF EVERY

DESCRIPTION,

O. STEENSTRA,

Manager. Hong Kong, 30th December, 1026.

THE YOKOHAMA SPECIE BANK,

LIMITED.

Established 1880.

Capital (fully paid-up) Yen 100,000,000 |

BRANCHES:

JAPAN:-Tokyo, Yokohama, Kobe, Jenough as it is.

Osaka.

FORMOSA: Ciran, Kagi, Karenko,

Amoy.

OIL CAPITAL.

Keelung, Makong, Nanto, Shin- chiku, Talchu, Tainan, Takao,

London, Jan. 15. Tamsul, Teen, Hoito, Taito.

It is understood that the Shell CHINA-Shanghai, Hankow,

and Royal Dutch group are OTHERShow, Swatow, Canton."

Hongkong. Singapore, arranging the "issue of $25,000,000 Scerabaya, Semarang, Batavia, 4% per cent, fifteen year gold Bombay, Loudon, New York, bonds, of the Bataafsche Petroleum Calcutta,

Maatschappij in New York, through the Dillon Read Company.-Reuter,

LONDON BANKERS: London County Westminster and Parra Bank.

The Lör: mayoneze in the Commercial

Beierve fund de... Yon 89,500,000 Cantros in the Europese Dastirent, Russia, Man

Head Offen:-YOKOHAMA,

Branches and Agencies: st:

Alexandria.

Batavia.

Jombay.

Вседов Calcutta, Jantan

Ayres.

Jhangchun.

Newchwang.

New York

"

Osaka."

Peking, Rangoon. Rio de Janeiro. Salgon, San Francisco.

Jairen (Dalny), Fengtian (Mukden). Seattle.

Iamburg Jankow.

tarbin.

Hong Kondo

donolulu

Lobe...

Carachi

London,

os Angeles.

*Nagasaki.

Semering. Shangha

Shimonosaki

Singhpure. Socrabaya.

Sydney

Tientsin

Tokyo. Tainenfu. Talogtau. Vladivostok.

(Temporarily

elcsed).

Interest allowed on Current Accounts. Deposits received for fixed periods st rates to be 'obtsized on application"

HAMORI, Home Manager, Hong Kong, 10th December, 1926.

churia, Telosipe, Japan, Indo-China, Hism, India, Philippe nods, Java, Afrion,

Latarest allowed on Current koonunie, and Fixed

tion,

THE BANK OF CHINA. 行跟國中

popundur as race wack will be quoted us. applies. (Specially Authorized by Presidential

Mandate of the Republic of China on the 22nd of November, 1917).. Authorised Capital 360,000,000.00 $18,278,500.00 Paid-up Capital

* 0,029,425.24 Reserve Fund

.. T. TAKAGI,

Manager.

HONGKONG BRANCH:

8, Des Voeux Road Central Hongkong, 7th May, 1928.

THE BANK OF CANTON, LIMITED.

Lead Office Hongkong..

ESTABLISHED IL

Authorised Capital

Paid Up Capital Kiltar hasaree and.

BRANCHES

£100.000

700,000

On Lom Shanghai. Itunkom, dwajow, Bangkok, New York and NAD XERACİBOD, Corregudente ha all Principal, ofiles of the LONDON BANKKEJ

Worke

Past The Lloyd's Plank Limited,

11

Kraty description of banking bueltana trapanted

Safe Bengalt Besanin, various almen to Pool lib from $6,00′ to $60.00, yearly.

LODE POON BHAN,"

HEAD OFFICE." PEKING.

HONGKONG BRANCH: 4. Queen's Road Central Branches and Sub-branches all over. China and Correspondanta in Europe, America, and other parts of the world. Lenion Banker-The National Provin cial and Union Bank of England, Ltd. The Guaranty Trust Company of New

Tark

**

New York Bankers: -The Irving

National Bank'

The Equitable Trust Company of New

York

Interest allowed on Current Accounts and Fized Deposits Terms on applica

*

the future..

made was 696 gallons:

The total amount of fuel alcohol

Chaulmoogra Nuts.

A new species of tree producing Chaulmoogre nuts has been found

Edward L. Doheny, oil magnate, and Albert. B. Full, former Secretary of the Interior, are shown in Washington, DC, wherd. they went on trial on charges of conspiracy, The Government alleges that Fall leased valuable Government cfl lands to Doheny in return for a $100,000 loan,

ور

ANCIENT AND MODERN.

The church of Santa Maria della Salute on the Grand Canal, Venice,.

Godowns, &c. & W. Docks Hongkews...

New Engineerings Shanghai Docks.

Hongkong Lands

こ

5854か

b

22

21,b 22 s

36

35

བྷུཙྪཱཙྪནྟུ ། ༈ཨཱཿདྨེཡྻུཾ ཨིཎི ཁཙྪཱཙྪདིཝཀྑུསྶཱཏྭཱ དིཉྙཱ

42/6

40/-

25.

29

124

32

11259 b

40 b 418

40

b

TT65

170

A

T6

n

T110

110

Lands, Hotels & Bldgs. H.K. & S. Hotels.

230 876

55.b-18

734

-5334

b

3

3454

14

134

89

n.

T9:10

860

T14

234

T54

(new)

54.

28

Hongkong Kealty H.K. Territoria Humphreys Estates Prince's Building Rural Lande

Cotton Mills.

Ewo Cottons

Orientals

Shanghai Cottons (old)

do

Miscellaneout,

Canton Icea

China Buses

ناو

མ་ཐ་

Cements (comb)

5.

E-

do

(old)

9

do... (new)

ik

b..

China Lights (comb.)

1334 1.

1534

do.

(old)

EL

1154

-12

do..

(new)

China Prov.

Dairy Farms

Der A. Wing

1814

8

18.40

8

1854

6

Hongkong Amusements. H.K. Constructions

2

Hongkong: Electrics"

59.

- A

H.K. Ropes (old)..

do... (new) · Hongkong Tramwaya Lane, Crawfords Macao Electrics. Mackintosh Nanyang Tobaccos Peak Trams. (old),

do..

Sinceres

(new)

Singapore Trams Taxis

United Asbestos

(Founders) (Ordinary)

do. Watsons Wm. Powells H.K. Telephones

EXCHANGE

35

1954

:

On dom.nd.... 21-11-13-18. 30 day' sight..

TI

9:10

·10/-

75 Cts

000

18

D:

1354

-5

3.40 b

GODS & ""...

Amsterdam

24.134

Bongkong 17th Jmusy 1937

Milan Berlin

113 21.46

'n Lund,

Bla

Stockholm Copenhagen

18.7

142

Vienna

182) 3144

Fraud

Hewingfors Madrid

Lisbon

17/3/"

£195. 155

-536 64

Bangus Alrea

218

6 months' right (.5- Credits, 4 months' sig be... -9/~~ {8}, 0 Dementary, month met?2/-15/14-

Paris-

On demand 0-Ferln.

dency. This tree has been placed In the Chaulmoogra group.

The genus Hydnocarpus is very closely aliied both botanically and chemically to the genus Tarakto

is famous as one of the finest exam- genus,

Messrs. Perkins and Cruz state ples of Italian Renaissance architecti that Hydnocarpus oils are included ture. It was built to the design of in the chaulmodgra group and some Baldassare Longhena in 1631, and of them may be as effective or pos- has doubtless been the inspiration sibly more effective in the treatment of many buildings which have risen of leprosy than chaulmoogra oil since that time. The entrance por- Numerous samples have been distal of the west front has been quotad tributed to various leper colonics in us probably being the best example the Far East Hydnocarpus trees of the period in Italy. near Sandakan have been marked in an endeavour to protect them.

Owners of private lands upon which the Hydnocarpus. growe have promised to co-operate with the De partment in profecting these trees

The effective marble flooring of this church has recently been directly responsible for a new de velopment in the design of Bell's Asbestos Rigid Rubber Tiles. It suggested a variety of designe giv- ing the effect of cubes and stars, and these have been achieved by the use of lozenge-shaped rubber

A Tangiers menuage says the re-tiles, cently instituted Moroccan surtax

Imitations of parquet or any simi- and licence system in connection ar geometrically designed floors with the export of Moroccan cereals, can easily be carried out in this cattle, sheep, and olive oil, way and further, the range of colours now avaliable is very wide. abolished..

Provisional estimates of the yield of pereat arops published in the Canadian Dominion - Statletics Bureau Bulletin, show a large de

Every description of Banking Bad, crease compared with last year's actual yield. Many of the depart

FRENCH REVENUES."

On demand Naw-Yors.

Vin dominn. Gerdite day in Bowhi

Od

de

Wira

1 doron un doman

Yingapore

Manila Uni damaan in Shana) a

On'dou and 20 days Un Torobe... 'n damard organ

her (DRE.OF

3

Bilva in

iinave Copper

Chinese Copper Chod

tabe of Law In

Obinant Sub Puss

185

Faris, Jan. 16, LONDON, EXCHANGES, The French Trossury receipta [... from all sources in 1928 totalled

Loons granted on spproved securities. | ment's correspondents-describe the 13,847 millions of francs, showing Da li da || Special facilities for Home Exchange-year's harvest weather as the worst an increase of 8,389 millions on push Yorks

„TSULEE PEL “Manager.

ever experience

1928-HavED.

January 35

Bombay

-hangbat Flongkong

Silver: Apot Forward

Yokebams

· 13/6/16 -

British Wireless Service.

ANOTHER INCIDENT.

Berlin, Jan. 4. The authorities at Mayence officially protested against the al- leged maltreatment. of a tram conductor by ✯ French officer. Paris reports that the French authorities ordered a detailed in- vestigation.

WOMAN OFFICIALS "ARKEST.

Bordeaux, Jan. 5.- “L'Humanité announces that the Secretary of the Teminine