1927-03-14 — Page 2

HONG KONG AND SHANGHAI

BANKING CORPORATION..

vesturland intial.

Doomed and Pully Poldrup

139,103;2091

410,001,000

THE BANK OF EAST ASIA, LTD.

HEAD OFFICE: HONGKONG.

10, Des Voeux Road Central, Hongkong.

.$20,000,000

6,000,000 1,300,000

BRANCHES AND AGENCIES:

Melbourne Be Franoluco

Authorised Capital

Paid-Up Capital

Resorve Fund.......

для, блиц скор

Batavia

Heres Tilkillity of Propriators, KAŠELIN, 9000

Bombay

Nagunk!

Calmati

Now Yor!

READ OFFICE: HONGKUŃO.

Cantoa

Саака

Haiphong

Paris

Honolulu

Peking

Kobe

Penang

Taipeh.

Kowloos

Rangoon

Teätsin

London

Asiyan

Takyo

ᅲ

JOORT OF DIRECTORS:-

Hunz, Mr. 19. 15. M. Dorgnail;.

A, IT: Compton, Raŋ..

Deputy Chintrisanı

W. 16. Bell, Knig

W.L, Paltandung. Kay,

A MUY

J. A. Plummer, Koq,-

T. 0; Wall, kän

21. n. wall,

12, M. Young, Jčnej.

Aeting Daist Manager, AC 171, PENC)....

BRANOI28-

LONDON

LYONN

Manila

Correspondents

of the world.

Blomerang

Shangbal

"Singa

Boarabay

all" principal

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

SAFE DEPOSIT BOXES to let

KAN TONG PO

Chief Manager.

Hongkong, 22nd May, 1926.

MALADCA

行銀商工法中

YORK

PEKING

BANGEDA BATAVIA 80DAY

CALCUTTA

SANTON ÚNKFOO

COLOMNO

MANULA MOUKDEN NAGASAKI

DAIKEN

FOOCHOW

HAIPHONG

HAMBURG

BANKOW

HABHIN

GUNDKKW

LORRA

rol

JOHORE

KOUK.

KUALA

UMPUIS

PENARI

RANGOOS

HATHON

SAN FRANCISCO:

BHANGHAI

SINGAPORE.

SUURABAYA

HUNDKI PATANI TIENTSIN

: TOKYO:

TANUPAO

YOKURAMA

CSTIUB Accounts opened in lineal Currency And lod Depodem repaired for me your oz. shorter period I only and Marlow

De combicht, with hưquetralian-appamata

Hong Kong, as March, 1927.

HONGKONG SAVINGS BANK,

1

The Ruins 428 12:05 In ons dunted by the BONGKONG AND SUANH4-XJ BANKING CORPORATION. Rula may he

FOR THE HONORING & MANGSA BANKING CORPORATION.

A. D. Hyne

H Acling Grief Managin

Hongkong, th-Marolly 1997,

BANQUE DE L'INDO-CHINE.

HEAD OFFICE:

90, Boulevard Haussman, Paris. Subscribed Capital.. Fre. 72,000,000.00

Paid-Up Capita!....Frs. 48,400,000,00 Reserve Fund. Frs. 50,667,233,54 BRANCHES: Bangkok Hanoi Pondicherry Battambang Hong Kong Saigon

Mengtzo. Shangha Cathe

Singapore Tientsin

Canton Nini Dinh

Dijbouti Noun us

Fort Bayard Papeuta

TourEnu

Haiphong Peking Yunnanfa

Hankow Pnom Penh

BANKERS:

IN FRANCE: Comptoir National d'Escompte de Paris; Credit Lyonnal Banque de Paris et des Pays-Bas; ; Credit Industriel et Commercial'; Socišta | Generale.

IN LONDON: The National Pro vincial & Union Bank of England, Ltd. Comptoir National d'Escompte Paris; Credit Lyonnais.

de

N NEW YORK: J. P. Morgan & Con French American Banking Cor porution; Guaranty Trust Co. of New York,

Interest allowed on Current Accounts and Fixed Deposits according to arrangements,

Every description of Banking and Exchange: Business transacted.

CHE. LEM,

Manager. Hong Kong, 3rd March, 1997.

NEDERLANDSCHE HANDEL MAATSCHAPPIJ

NETHERLANDS TRADING SOCIETY.)

Established 1824. Hongkong Branch, Established. 1908.

Authorized 4 apitalG 150X800-532 5000bb-| Paid-Up Capital... 80,000,000 £8,86407 Beserve Funil...G. 21, 17,340 £ 1,939,7797

BANQUE FRANCO-CHINCISE

pour is

Commerce et L'Industrie (Incorporated in France).

5, Chater Road, Victoris, Hongkong., BRAD OFFICE 24, Rue St. Lasura,

Parla

"

.F 20.000.000,-

Fri. 11.180.000,----

THE CHINA MAIL.

COMMERCE AND FINANCE

HOME TRADE,

MANCHESTER MARKET

REPORT.

DEMAND FROM CHINA.

TRADE FAILURES.

LOCAL BANKRUPTCY PROCEEDINGS.

"Unsatisfactory Case."

and unattractive quantities. De "This case is most unsatisfac mand for China is still "moving tory" said Mr. Justice Wood, refer- slowly, a small miscellaneous busi-ring to aspects of the case in res, ness having been done, whilst peat of the bankruptcy of Lau Chan,. buying for Java and the Straits a poultry dealer whose public is only of piccemeal dimensions. examination was resumed at the Egypt still remains active and Bankruptcy Court on Saturday... business seems easier to nego-

MONDAY, MARCH 14, 1927.

AT THE QUEEN'S.

Ankad If 'He had receipta from| the two younger brothers. for the money he alleged had been "pald back, debtor said that he had notf. them with him.

an

· IBANEZ" "TORRENT": TO-DAY.

"Mesers: James F. Hutton & Co received from East and West Counts he had had to rely on the In this case, he claimed that the mark in screen production.

Since our

The Official Roceiver asked "for

adjournment of the public} examination and warnod debtor that' With one of the most thrilling ho would be required to produce storm scenes ever fimod, in which these receipts,

a wall of water wipes away an en- The adjournment was granted.tire town; with settings depicting

Serving A Writ

the great operas of the world, the Arising out of an, application for gorgeous throne room in the Royal receiving order in respect of the Palace at Madrid: with a great affairs of the Yee On Arm, the Off-east of famous names, headed by eint Receiver referred to the law Ricardo Cartez and Greta Garbo, The debtor admitted that he hadas it applied to service of docu-the brilliant now Swedish star, the tlate. A healthy dermand for lightno books relating to his business monts on hervants of firms alleged new Cosmopolitan production: of Ibanez Torrent." le setting a new to be in bankruptcy. whites and coloured goods is being and that for his statement of ac

The story, a vivid romance of He said petitioning creditor had merely Ltd, Manchester. report as fol-Africa, whilst the colonial mar-figures of his creditors.

his books one to the premises and aaked for Spain, based on the novel by lows under date Feb. 9-

kets are showing a little more in that he did not think last report cottonterest. Offers from the Continent would be wanted in connection assistant of the debtor fin, ser- Vicente Blasco Ibanez, author of It must be ascertainedjed on a lavish scale by Monta Balli prices have been steadily advanc-for greya have been rather numer-with the bankruptcy and he remem-ing him with the documents in "The Four Horsemen," was directe.

¡bered the bigger accounts in bis question.

hust that the person served was in a int the Metro-Goldwyn-Mayer ing and business which has been ous, but the prices are at present head.

very unattractive even to the most

The books, it was stated, had de facto position of administrating studios. It tells the life and love. of good dimensions looks like de- needy makers. Home trade lacks been missing some time between the the firm's affairs. In this case, the of a Spanish opera singer, the rele veloping further. This has vigour and is only of restricted serving of the petition and the max bfs were actually in charge of played by "Mise Garbo, and her

the premises when the writ was florer, a young Spanish statesman. strengthened the position of dimensions. There is a tendencying of a receiving order.

An entire Spanish town was built on the part of spinners to quota Witness contradicted. himself served and it would be difficult to manufacturers and spinners, thermer, for in some cases d. per when on oath on Saturday, stating kay that anyone was in such a post-on the banks of a river, into which tons of water were hurled, in the tion. weak sellers having been eliminat-h more has been asked to-day that, he was prepared to wear on The employee who had been biggest feat in screen engineering ed, and it seems that both cloth than last week, but as yet there oath that his son was not employed served was called and stated that ever attempted to stage the food, and yarn prices will be on a higher seems to be no substancial sup at a certain firm and then at a pho was a clerk in the employment in which Cortez stages a thrilling

was of the firm in question. The sole rescue of Misa Olmsted.. level in the near future, whatever port forthcoming. Although the later stage stating that he

but drawing no state of the futures, market offers working there should happen to cotton."

manager had left some time before no inducement of any bearish sen- salary. timent that might influence yarn The Official Receiver (Mr. E. L. buyers to postpone their pur-gasi) whilst agreeing with chase, this policy is thought to His Lordship that "the whole thing be favoured in some direction.

The weaker spinners who have done the bulk of the business were supposed to be 111⁄2d per lb. down on their prices, and there is no possibility of cotton values easing Spesial Working Capital. Fer 80,000,000,- to anything like this extent. The

Capital

i.

il

Paris Saigon

BRANCHES: Lyons Haiphong

Peking Canton

Shangha

Hongkong

Marseilles Hanel Tientsin

bulk is still inclined towards the light bleaching cloths, with dhooties very much to the fore Astual booking, however, is not general, for some houses report that they are not getting very much through whilst others are. FRANCE-Societe Generale, Banqufinding a considerable amount

Nationale de Credit, Banque dy about. Paris et des Pays Bas LONDON:-Midland Bank Ltd, NEW YORK:-Irving Bank Columbia

BANKERS:

Trust Co.

Every description of Banking and Exchange Business Transacted. Corrs- spondente throughout the world. A. ROLLIN Hongkong, 1st Decembar, 1825.

Manager.

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

Incorporated by Royal Chatar, 1858. HEAD OFFICE: LONDON. Paid-up Capita} Reserve Fund

£3,000,000 £4,000,000

.....£3,000,000

Reserve. Liability of Proprie.

Agencies and Branches.

tora....

ALOR STAR

น

(5ally 9jaties) AMITSAR BANGKUT BATAYLA BOALBAY CAROUTTA M

"CKBU

CULUM BO DELJE HAPPUUNG

BANKOM

$16NU NG

MORLD

1PO

KARAGHI

KLANG

ROBK

KUALA KANUMAR

Perak, (P.M..

KUALA LUMPUR K&UMING

..

MADRAS

MANIJA

MEDAN NEW YORK PERINU PENANG JOSHAWAR PUKR BANGOON SAIGON. SEMARANG SEREMBAN SHANGHAI SINGAPORE SOURABAYA TAILNO

S TAVUY TURNPAIN POR YO

TINUTAO"

VOKUOJAMA ZAMBOANGA

Of the Indian markets, Calcutta remains the most active, large quantities of dhooties, shirt- ings and printing-cloths having been done. Bombay has been en- quiring for various styles for de- very which is not easily secured. Karachi, Madras and Rangoor are doing a little, but only in small

"

RUSSIA AND TURKEY.

"

is most unsatisfactory," sald It was difficult to see what useful purpose' could be served in prolonging the public examination, which wag closed.:

and had left with witness money

tants on the premises. Witness

the provision of food for aasis- had no power to conduct the busi-

ness of the Arm.

AT THE STAR.

"FASHION ROW" TO-DAY.

aborted with passion-- sudden A knife pofsed in the air—a face”

Brooks, for the petitioning creditor Cross-examined by Mr. E. St. C

witness said that he had sent out certain notices on behalf of the firm staa woman's piercing scream No "Bright Spot,"

the land the curtain fell on this drama- which had been drafted by After detalling a series of mis-manager and there was no one tie tableau, while an acrtance that Constantinople, March 13. fortunes that had dogged his foot- other than himself who could be packed the theatre thundered: ita The Russo-Turkish Commercial stops from the time that he had aet said to be la charge of the business, pprobation of the superb Fairnova. quéon of tragedy, who bowed her Agreement has been signed. Tur-up as a building contractor and in the absence of the manager.

'ata ge carried on business: as the Wing The case was adjourned for fur-acknowledgement from the

between curtain calls. Fung Arm. Ko Lot, being, publicly ther legal argument.

This is the opening. acene of examined in bankruptcy, stated in

Fashion Row", Mag Murray's new reply to the Official Receiver's

production. question, that there had not been, "one, bright apot."

kish exports to Russia are limited to 45 articles, of the annual value of £7,000,000 sterling, while Rus sian exports · are. unlimited. Reater.

THE RUPEE.

PURCHASE OF GOLD BARS" REDUCED.

THE BANK OF CHINA

## p (Specially Authorised by Presidential Mandate of the Republic of China

Delhi, March 12. on the 22nd of November, 1917)

$30,000,000.00 Authorised Capital

The Assembly spent five hours $18,278,600.00 to-day discussing Clause 4 of the Paid-up Capital ... Reserve Fund

$9,029,425.24 Currency Bill imposing the Government the obligation of pur. PEKING.

chasing gold bars of not less than 1,065 tolas of fine gold at Rs.21.3 per tota.

HEAD OFFICE

HONGKONG, BRANCH:

4, Queen's Road Central.. Branches and Sub-branches all over China and Correspondents in Europe, America, and other parts of the world Lonton Bankers: The National Provin- cial and Union Bank of England, Ltd. The Guaranty Trust Company of New New York Bankers: The Irving

York.

National Bank...

The Equitable Trust Company of New

York

Án

o'n

amenn by Seshaay Yungar, substituting 40 for 1,060 was carried by 65 votes to 57, after Sir Basti Blackett had suggested the figure 300, and had said that the Government did not want the Currency authorities to usurp the position of the bullion market.

The clause was finally carried by 67 votes to 62.--Reuter.

[The fifth recommendation of the Interest allowed on Current Accounta

Currency Commission was that an and Fixed Deposita. Terms on applica-obligation should be imposed I'tion.

Every description of Banking Busi-

transacted.

Foreign Exetanga and General: Bänk-ness Ang, business transacted,

Current Accounts opened and Fixed Deposits received for 1 year or shorter jperiods at rates which will be quoted:

on application.

J. R. GEORGE,

Manager, Hong Kong. 7th March, 1927.

Special Reserva..... 22,900 100£ 1,888,80† THE BANK OF TAIWAN, LTD.

HEAD OFFICE:-Amsterdam.

EASTERN HEAD OFFICE:-Botavia.

BRANCHES:-

Bandjermaelu Boong

Calcutta

Djedila in

Djakjuk ara Kota-Ruja

Padang

Penn

Botterdam..

Hominy

Cheribon Djember

The Hague

Patembang Pontianak

Kobe Medan Peckiongan

Tattoon Shanghai

Bamarank Soorabais Sthoigs (Bumaira)

Angapore Tillntjep Soerakarta(Bolo) fegal

Weltevreden

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

DESCRIPTION.

0. STEENSTRA,

Manager. Kong Kuny, 30th December, 1026.

THE YOKOHAMA SPECIE BANK,

· LIMITED.

Established 1880.

Capital (fully paid-up) Yen 100,000,000 Reserve fundi

Yen 92,500,000

Head Office:-YOKOHAMA.

www.km. Branchen and Agencies, at: Alexandria. Batavia, Jombly. zenos Ayres.

**aloutta.

Capton, Thangchun.

Dairen (Dalny),

Newchwang New York.. Danke. Peking. Kangoon,

Rio de Janeiro,

Saigon.

Francisco.

San Fr

Fangtian (Mukdan), Beattie,

Hamburg. Hankow

Firbin.

Hong Kong. Honolulu. Kat Yuen Karachi

Kobe,

Landos.

Los Angeles,

LVODA.

Manila.

Nagasak

Semarang. Shanghai Shimonore! Singapore. Soerabaya.

Sydney. Tientsin. Tokyo, Tainantu Taingiau. Vladivostok.

Tamporarily

"closed)

Interest allowed on Currant Accounta Deposits received for tred periods, at ja rates to be obtained on application.

H MORI,AND

Hong Kong, 11th March, 1927, 2001

(TAIWAN GINKO)

Incorporated by Special Imperial Charter, 1890

Capital Subscribed.....Yem 45,000,000 Capital. (Paid-up)...Yen 89,976,000

HEAD OFFICE:-Taipeh, Formosa-

BRANCHES:

Yokoham, Kobe,

JAPAN-Tokyo.

Овака

FORMOSA: Giran. Kagi, Karenko,

Keelung, Makong, Nanto, Shin- chiku, Taichu, Tainan, Takno, Tamsus, Toen, Haito, Talto. CHINA:--Shanghal, Bankow, Amoy,

Fouchow, Swetow, Canton."

Hongkong, Singapore, Seerabaya, Semarang, Batavia, Bombay, Latidon, New York, Calcutta,

OTHERS:

LONDON BANKERS: London County Wertminster and

Bank.

Parr's

Curritos in the on Continent, Bu

uri Tengine, Japan, Just-Cléos, Bars, Todia, Philippine Talantik, Java, Atriom, ka,

Interest allowed on Current Abenunta, sed Fixed Patetan winen wil becomiter im applica

The thunk B. Manzanilor când in the Chirol)

...T. TAKAGI

Manager.

HONGKONO BRANCE:

3. Des Voeux Road Central. Hongkong, 7th May, 1923,

THE BANK OF CANTON,

11 LIMITED.

Established 1912.

Head Office:-Hong Kong,

Authorised Capital (1.K, Currency) 17,100,000

Paid Up Capital ..................**

Milvar Aznarie Fund'ascen

LY

BRATOVES:-

TOUKO

Cartan Missghai, - ilankow, Swatow, Bangkok, New, Xaik and Bin Franciwav,.

LONDON DANKENS:- -

The Taoyd's Mank lätsited.'

DE CORRESPONDENTS

In all principið cities of the World,

Fordre kango and banking buhang of every detriplane transacted,

saa tisport Bases (various sites) at a yearly rental of from 44 to 360, Lage de

LOOK POONG SHAN

Hong Kong, Lich February

Loans granted on approved securities. Special facilities for Home Exchange.

TSUYEE.PEL

M

66

by

statute on the Reserve Bank to buy and sell bar gold without limit, rutes determined with reference to a fixed gold parity of the rupeo, but in quantities of not less than 400 fine ounces.]

Debtor who had started with $2,000 capital now owed $42,000 He detailed how he had built houses and mortgaged them. paid off a little and then had the whole awallowed by accumulating debts.

Evading Death; Duties? Wong Hing, of the Wong Kam Chung firm was then examined. He detailed how, together with other members of the family, he had benefited under his father's will and bought premises at 20 Wing On Street, and finally how that his business had failed and he had paid back, in part two younger brothers whore money, with their consent, he had put into his busi-

ness,

"I

In ancwer to questions debtor said that he had paid these younger brothers' interest but there had been no profit.

Debtor was also questioned as to why he had transferred certain property in the name of his son and

wife.

•Debtor replied that it was on ac- count of his illness:

Ofein Receiver: Financial or physical illness.

In

Debtor replied that it was connection with possible death duties.

The Official Receiver put it to debtor that it was done with a view to putting it beyond the reach of creditors, but, this debtor denied..

THE SAVING HABIT

May Murray's, dual role in Although the strikes laba year Fashion Kow", besides, presenting interrupted the Savings Association her as a drab little Russian per- Movement in the City area, nasant girl, gives her opportunity for fewer than 438,486 certificates, re-display of a hundred magnificent presenting £367,792, were taken up gowns worn by Olga Farinova, the during the twelve months. This Russian tragedienne adored by was a considerable, increase on 1925. Broadway. For the opening scenes At present there are 540 Savings of "Fashion Row it was necesenry Associations in the City, and 129 of to bulla at the Hollywood studio these were formed last year among an actual theatre, that will be re- workers in about twenty different

cognized as an exact reproduction types of occupation.

of

many more

0

In

In their report for the year the of a New York playhouse,

It was the first time that Misa City of London Savings Committee

formation

theatra stage, although only for state that there is still room for the Murray had appeared on a real sociations In this important make-believe, since she deserted the aree, the

aim of the City Footlights for the films, and al- Committee being to establish one though the large audience consist- in every office or works where there ed of paid-by-the-day extra people, is a sufficient number of employees Mies Murray got such an unaccus- for the purpose. The committee tomed thril from playing before a hope that many firms, who have not flesh and blood audience, even with yet formed associations on behalf of the camers' In the foreground; that their staffs, on reading this notice she does some of the finest acting will communicate with the hon. of her entire photoplay career in secretary, "the City Committee, at these early theatre scenes

"Fashion Row." 3, Bank-buildings, lothbury, `E.C.

"King of the Turt." BRISBANE. BONDS.

The second picture will be "King of the Turf" with Henry Walthall in the lend. The story la, told by New York, March 12. The first appearance of Queens. the splendid thoroughbred Ally. land's Capital as a borrower in Virginia Future" herself. It re- Wall Street was signalised by the lates the history of a proud old over-subscription within seven and Kentucky family who pin their faith a half minutes of $7,500,000 five to a pony which, on the point of re- per cent. City of Brisbane gold trieving the good name of the house. Years Bonds at the price of $96.-Reuter's falls and breaks her leg. American Service.

later when even worse misfortunes have fallen upon the family, a faithful jockey turns up with the doughter of the lamed failure and the picture closes with general happiness as the daughter of the cast off wins 3. splendid race and restores the old master's fortunes. The racing scenes, are particularly well done and Peaches Jackson makos a splendid heroine, although the honours go mainly to Walthal

The fourth episode of "Leather- ystocking" will also be shown.

Eye Opener

Sale

Eye Opening" Values!

"See" the Merchandise For Yourself!

You will not believe yourself when you are attending the

SINCERE'S

SPRING

NOW PROCEEDING

SALE

Thousands of bargains in, Odds and Dads are on show for sale at figures that you have never dreamed of.

Every thing in every department is iso priced at great reduction for this occasion.

Your opportunity to select a bargain is excellent for general condtions have left a larger selection this season than ever before. But-

An Early Visit is Sure to Gain.

THE

SINCERE 00,

THE HONGKONG EMPORIUM."

LTD.

WORLD THEATRE.

"LITTLE ROBINSON CRUSOE" TO-DAY,

It's a long war from wooden shoes, dykes.. canals, windmilla, and the bitter cold of the winter that viafts the Flemish countryside to the coconut palms, hanama, trees and straw thatched huts, of an eternally baking South Sen isle, but Jackle Coogan has taken it.

Jackie as the modern, juvenile. counterpart of the hero of Daniel Dafoe's book." "Robinson Crusoe." has a glorious time in his newest role.

The story was written ex- pressly for Jackie by Willard Mack, and tells of an orphan of a San Francisco police hero embarking on la tramp achdomer," bound for Aus

tralia. The ship goes down in a tropical typhoon and all on board are lost except Jackle, who subse- quently finds himself cast upon & South Sea faland, his only com panion. the ship's cat, whom he dubs "Friday"

The amazing experiences and ad- ventures of the boy and his cat on the island populated chiefly by native blacks, provides a story on- tirely at variance with any of those which have thus far served as star ring vehicles for the tiny genius.. The appeal of the film is wide, and was produced as entertainment for the whole family.

CONSUL STABBED,

São Paulo, March 12 Mr. HL W. Goforth, United Staten Consul, has been fatally stabbed. It is alleged by a man who declares himself an American citizen whom | Mr. Goforth-declined to assist in | collecting a debt-Reuter's Ameri.

cad/Service.