1927-05-25 — Page 2

HONG KONG AND SHANGHAI 'BANKING CORPORATION.“

authorised Capital

Stewed kód Fully Paid-up,, ·

Basarre Fende 2–

- Starting

Mäver jensen

the 10 by £8,000,000 4.818,500,000

$20,000,000 $10,000,090

Bosutro `Liability of Propristors, #30,0000,000

'WHLD OFFICE: HONGKONG.

COURT OF DINKOTONS:- Hon. Mr. D. G. M. Bernat,

Chairman,

x. 11, Campton, Bay.

Deputy Obairman, '-

**Rail, kq.

N. 5. Brown Kat..

W. L. Pattonden, Lay,

AMOT

BANGKUR

J. A. Pluntant, Eng.

1.4), Weall, Rep

U. F. Walte, E4,

Acting Calaf Slazapet, Hon. Sår, A. O. Bynes BRANOKES:-

- LONDON

LYONS

RATAVIA

MALAGOA

ПОМНАТ

MANILA

CALOUTTA

MOUKDEN

SANTON

XADASAKI

UHXFON

NEW YORK

COLOMBO

PEKING

DAIRY

YOOCHOW

DAIPHONO

HAMBURG

BANKOW

BABRIN

DOWOREW

ILOILO

IPOR

JOHOR

СКОБЕ

KUALA

LUMPLK

PRNASH

BANOVUN

SALOON

BAN FRANC1500

BĦANDHA

SINGAPURK

NOURABAYA'

SUNGES PATANI, TIENTSIA

TOKYO

TANGTAO

YOKOHAMA

Current Acronis operei in Love) Darrency And Fixed Deposite received for one year or shorter perinde in bocal Currwady sertarling an tarts which will be quoted, va applicati

Hong Kong, 7th Aprif, 1927.

HONGKONG SAVINGS BANK.

The Basin of the shore Bank in tub dacted by the 11ONGKONG AND S'IANGHAI BANKING CORPORATION, Bules may be sbtained an application..

FOR TUX HONGKONG & SHANOUA BANKING CORPORATION

4. 0. Нушев, Acting Chief Manager

Hongkong, Mh;March, (1927,

BANQUE DE L'INDO-CHINE.

HEAD OFFICE:

96, Boulevard Haussman, Paris. Subscribed Capital.. Fra. 72,000,000.00 Pald-Up Capital

THE BANK OF EAST ASIA, LTD

HEAD OFFICE: HONG KONG.. 10, Des Voeux Road Central, Hong Kong

$10,000,000 5,000,000 *1,200,000

BRANCHES AND AGENCIES:--- Melbourne San Francisco

Authorised Capital

̈Pald-Up :Capitai

Reserve

'Batavia

Bombay

Nagmaakl

Beastlo

Onlin

New York

Semarang

Qiaon

Osaks

Singapore

Haiphong

Pari

Hourshaya

Honolulu

Peking

Sydney

Kobe

Penung

Taipeh

Kowloon

London

Rangoon Saigon

Tintain

Tokyo

Asia Slang kai

Correspondents in all principal cities of the world.

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

SAFE DEPOSIT BOXES to lat. ".

KAN TONG PO,

Chief Manager.

Hong Kong, 21st March, 1927.

行銀商工法中

BANQUE FRANCO-CHINGISE

pour la

Commerce et L'Industrie (Incorporated in France).

THE CHINA MAIL.

COMMERCE AND FINANCE.

RUBBER MARKET.

-LATEST QUOTATIONS AND DIVIDENDS.

Messrs. Carroll, Broa, have been advised of the following dividenda on Rubber and Mining Shares

Dividends.

WEDNESDAY, MAY

› FUEL ECONOMY TESTS.

It should be pointed out that on this plant no economisere at all are All over the world much greater being used, while the water is cold, attention is now being given to the exact temperature during the the savings, that are to be obtained above trial being 17 deg. G. (62 deg by the proper utilisation of cheaper F.). Further, It may be mentioned and low grade fuela Instead of ex- that this coke breeze dust, a pensive coal for steam boilers, a usual, is an extremely peor fuel, subject of particular importance to averaging 21.6 per cent, aah, and

12 per cent. moisture,

SHANGHAI SHARES. the Far East

MARKET RATHER LESS LIFELESS.

Great Economy Effected.

1927.

HANKOW. TRADE.

The British Chamber of Com- merce, Hankow, in its weekly circu- lar dated May 11 states: business passing, that little being Produce. There is very little for prompt shipment. Woodell.* prices are falling fast to-day's price béing Tla. 29.00 or a fall of 15 per

f6,90

:17.20 29.00

In this connection some very in- teresting Information has been As a result very great economy cent. during the week.

Prices in Tle. per picul, nett made available concerning teats re- has been effected, and, there is the cently carried out at the French possibility that the same general weight, excluding coat of cleaning. Government Tobacco factory of the methods will be adopted through-packing and duty: Shanghai, May 21. Etat de Paris-Reuilly, in which out the whole of the many different Gallnuts, usual shape Banks.-There are numerous in- coke breeze daat, well-known to be factories owned all over France by Gallnuta, Plum quiries for H. & S. Banke at $1,150 an extremely difficult fuel, is being the State Control of Tobacco, Woodell-prompt delivery.

The "Turbine" furnace is applie Import.-Nothing doing except sharos are obtainable.ANNA raising.

Labour There is no special in- cident to record this week

Arer Panas, 20% int. (maklar/but sellers are holding off and no used with great success for steam able to any type and size of boller, liquidation of old commitments.

40% for the year). 1.

05 feet Bags, 726 Int.

(mak

ing 16% to date).

Hotrut Basin Tin, 6d. per share. Quotations.

Allenbys

Ayer Moleks

Changkats

Ayer Panas

Glenealles

Jerams Kedahs Pajama

2.60 x.d. cd.

.3 3.10.

14.00 9.75 2.95

1.86 4.30 2.80

PROFIT-SHARING.

Wharves and Docks-Shanghai A Well-known British Appliance.

the principle being casentially the use of a. forced draught blast ob- Docks have advanced to Tls." 106' At this particular installation the tained by means of steam jets un- which was not unexpected, New En- boller is of the Delaunay-Belleville der acientific conditions with con- gineerings are quiet at quotations, water-tube type, and in order to trot merely by a single valve and Hongkew reduce the coal bill and avoid burn- equal amount of draught at every while Shanghai and Wharves are in demand at Tls. ing expensive fuel there was fitted point' at the grate surface, both 1821⁄2.

the Turbine": forced draught transversely and longitudinally, no Shipping Business in Shanghul steam jot furnace, a well-known skilled labour being required, while Sugs has been done at Tis, 62 and British appliance which inciden the bars last for years because of at this rate further shares could be tally is being used in the Malay the cooling action of the steam, placed."

States for the burning of raw which means that no spare parts ignite.

have to be carried. Lands. No change, buyers still call for shares at Tls. 124.

The boller operates at-15 kilo- Insurance.

grams per aquare centimetre · (218 Rates unaltered. Ths. per aquare inch) and during a Union at $295 and North Chinas at typical trial of 10 hours the amount Tis:185, boll buyers.

Mexico City, May 24.1 of coke, dust consumed was 1,820 The Mexican Light and Power Cottona. Again the quotation kilograms (3,564 lbs), while the Company, which is a Canadian con- Nearly 2,000 men, women and Ewo's buyers at Tis. 7.70 is posted, water evaporated worked out at cern, has announced that it intends Capital fully paid up...Frs.40,000,000 girls in the employ of Messrs. but there does not seem to be any 17.160 kilograms (15,752 lbs), that to spend $14,000,000 on develop Special working capital. Frs.60,000,000 Clarke, Nickolls and Coombs, reason why shares should be ex-is equal to 4.42 lbs. of, water per ments in Mexico. Reuter's Ameri-

Fra.18,276,000 Ltd. (Clarnico Confectionery),pected to come out below the last lb. of coke dust.

have received a bonus equivalent registered price of Tis. 7.80. to eight weeks' wages, or 15% per cent., under the yearly pro- At-sharing system in vogue ut their works.

5, Chater Road. Victoria, Hong Kong.

HEAD OFFICE: 74, Rue St. Laxare, ·

Reserves

Paris.

Paris

Saigon Peking

BRANCHER: Lyons Marzeilles Halphony Hanoi Shanghai *Tientsin Hongkong Phon Panh

BANKERS: FRANCE: Societe Generale, Banque Nationals de Credit, Banque de Paris et des Pays Hal LONDON:-Midland Bank Ltd. NEW YORK: Irving Bank Columbia

Trust Co.

A REMEDY FOR LABOUR

FRICTION. T

Orientals have been done at Tls,

2.15.

CANADIAN ENTERPRISE.

ean Service.

gards the foreign and native bunks Finance The situation as re- remains the same. The Nationaliat Government has not found it pos- Able to arrange for remittance to

Shanghai in satisfactory volume the result being a considerable decling Ir the value of its irredeemable notes which are quoted at a dis count of 13 per cent. to Silver dol- lors Shanghai currency. The for- eign banks generally are loth to do any exchange business and very wide margins exist between their buying and selling ratea..

General. There is no improve- ment in the situation the keynote of which is a complete lack of con- filence in the present administra-

tion.

HONG KONG MARKET PRODUCE.

Rubbers-Rubbers might cor- rectly be termed quiet and steady at quotations, sellers not being The share out took place in the over anxious to part with shares. People's Palace, Mile End Road, Business Is recorded at Consoli London. The chairman, Mr.dated TIs. 4.25, Chempedaka'at Tis. Mathieson, is 84 years of age. 10, while Anglo-Javas have buyers Commenting оп the dis- at Tls. 9.80 and Butes at Tls: 1.80 turbances caused by the General and Tebongs at Tla. 8.20' have Strike, the chairman said:

hellere...

"DebenturesThe How much better if they had

general in- Beef Sirloin Every demription of Banking and honestly and fairly attempted the terest in Shangha! Municipal de- Exchange Business Transacted. Corre way out by profit-sharing that bentures is well maintained, further had been recommended to them. business has been done at 6 per Over a period of 87 years profit cents. Tis, 86, 7, per canta. Tls. 96, sharing has on the average add-transaction of S.M.C. dollar loan,

and 8 per cents. Tis. 102. ed annually to you 34 weeks 3 per cent, at $102 is noted.

Reserve Fund $00.000.00 | spondents throughout the world.

BRANCHES

Bangkok Hanoi

.89,986,619.10

Pondicherry

Battambang Hong Kong Saigon

Onthe

Canton

Mengtze Shanghai Nam Dinh Singapore

Dibouti Noumes Tientaln Fort-Bayard Papecto Tourane Haiphong. Poder Yunnanfu Hankow Prom-Penh

BANKERS:"

IN FRANCE: Comptoir National d'Escompte de Paris; Credit Lyonnals; Banque de Paris et des. Pays-Bas; Credit Industrial et Commercial; Societe Gezerale.

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

IN NEW YORK: J. P. Morgan & Co.; French American Banking Cor poration; Guaranty Trust Co. of New York

Interest allowed on Current Accounta and Fixed Deposits according arrangements.

to

Every description` of Banking and Exchange Business transacted.

Safe Deposit Boxes to let.

CH. LEM,

-Manager. Hong Kong, 28th February, 1927.

NEDERLANDSCHE HANDEL MAATSCHAPPIJ.

INSTUEHLANDS TILADING BOCIETY)

BANKERS

Established 1824.

Bong Kong Me :—21 Queux'e Ital Contral

Autherload Capital on Guildora 1504829,000 {EIRA,}} Pafé-Up Capital ...... Alder 900,000

(£6,056,TL) Beserve Fund Ürildurs 21.117.8

(ELIO,T78) Épecial Henarva. Delbieta 22,500,000- (£1,998,850) Hoad Omon-AMSTERDAMT Extern and Omos:~BATAVIA, BEANCHES Bandtjerman, lentowng)

bay, Calcutta, Caribe The Dad. dab, Djember, Blokjakarta Hague), Kobe, Kola linija, Maka, Medan, Padang Palembang, Pukalongan, Penang. Pontianak, Ranguen, Rotterṛlumn"), Hamarang), Rhanghai, Sibolga (Humaira), Mograbain, Noera karta (Bala), Togai,, Tjūnijap and Welterrods

4) These obices have sale doposia buren to lebi

London Backard National Prorinolal Bank LtL

Carrerpondents all over the world

Banking

bulcer of Tory description transacted.

:O. STŘENSTULA

Manageri

THE YOKOHAMA · SPECIE BANK, LIMITED."

Establlábéd 1880,"

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

«Yen 92,500,000

Head Office TOKOHAMA

Branche and Agencies at: Alexandela,

Newchwang. New York. Osaka. Peking Rangoon Rio de Janeiro. Saigon San Francisco

Bombay "Buenos-Ayres, veg

Calcutta

uchun

Dalren (Dainy) Fengthen (Muksien).

Kamburg.

Hankow

Harblu

Hồng Hoà. Honolulu,

pore..

Manager.

A. ROLLIN,

Hong Kong, 21st April, 1927..

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA,

་

wages.

TRAPS FOR BANKERS.

Law On Some Little Known Points.

APPROXIMATE RETAIL PRICES.

Cts. Ctr. Cts.

Butcher Meat.

May 19, June, June,

1987; 1918. 1914,

4 lb. 24

28

12

"

Prime-Cut Corned Roast

32 22 12

H

纯肉

23 24

22

Chicken Capons, Small Capons, Large

Duck

Breast

28 20 18

31

Doves

A

!Soup

20 20

18

Steak

Capital Not Guiltless, Profit-sharing in trade general- ly has never had a fair chance in this country, he continued. Incorporated by Royal Chater, 1858. Forty years ago labour was pre- HEAD OFFICE: LONDON. pared to welcome it. Now most Paid-up Capital

$8,000,000 trade unions are hostile, I believe Rosarve Fund

***... £4,000,000

mainly owing to their inordinate Reserve Liability of Proprie

The recent case at Leeds, where 88,000,000 and, as I think, insane craving

a man sued a bank for cashing his for mass action and huge aggre cheque Ove minutes after closing gation of numbers where all rea-, is an instance of the banker's sonable individuality is lost.

Agencies and Branchen. ALOR STAR

MADRAS

(Malny talus)¬ ANKITUAR BANGKOK

BATAVIA BUNDAY CALOUTTA SANTON DAWNPOBE

COLOMBO. DELHI HAIPHONG HAMBURG

HANKOW HONG KONG ILOILO

ПРОН

KARACHI

KLANG KORK

KUALA KANGSA

MANTRA*** MEDAY NEW YORK PEKING PENANG PESHAWAR DUKET BANGDON BAIGON

SEMARANG SEREMBAN

SHANGHAI

SINGAPORE BOUKANA VA TAIMING

(...) TAVOY

·TIENTSIN

TOKYO TSINGTAO

YOKOHAMA

Steak Sirloin Sausages

Bullock's Brains

Tongue, fresh.. Tongue, corned Hend

Heart

Hump, Salt Feet

Kidneys

Tall

Liver

Tripe.

Mutton Chop

Hability to have actions, brought Capital is by no means: guilt against him for small, apparent Calves Head & Foot less in the failure to adept con cause, writes a Banking correspon ciliation by means of profit-dent in the "Daily Mail" sharing,

It is too often inflated, and those in power become unable to base profit-sharing on reasonable figures.

We have maintained the or dinary capital at the original figure and raised among our selves any further capital needed at low rates without asking for a -Foreign Exchange and General Bank-farthing from outsiders. ing business transacted.

Perak, (F.34.15.

KUALA LUMPUL

KUCHING

ZAMBOANGA

(illippias fazda)

Current Accounts opened, and Fixed Deposits received for 1 year or shorter periods at rates which will be quoted on application.

J. R. GEORGE,

Manager. Hong Kong, 7th March, 1927.

THE BANK OF TAIWAN, LTD.

(TAIWAN GINKO.)

Incorporated by Special Imperial Charter, 1899.

Capital Subscribed Capital (Paid-up)

Yen 45,000,000 Yen 89,875,000

HEAD OFFICE:Taipeh, Formosa.

BRANCHES:

KAILAN MINES OUTPUT.

The total output of the Kailan Mining Administration's mines for the week ending May 7, 1927, amounted to 95,291 tons, and the sales during the period to 76,186

tona. "

· Leg

In the case in question the plain-

Shoulder tiff was unsuccessful, bat asa

Saddle, general, rule, the law takes a Pig's Chitlings severe view of the banker's obliga- tions to the public.

Should the banker make any mistake he is able to his customer instructs his bank to pay his fire for any loss, resulting. A customer Insurance premiums annually and the banker willingly undertakes this duty without charge.!

If, however, owing to an over sight, the payment be not made, the banker would be responsible to his castomer, should a fire occur on the property insured.

Brains

Feet

Fry

Head Heart Kidneys Liver

Pork Chop

Leg

"Lola

m

Fat or Lard

GESEBBEF DE DE DE DE B

28 23 12

28 24 22

45 80 35

40 20 20.

Eggs, Hen (cooking)

Eggs, Hen (fresh)

Fowls, Canton

Fowls, Hainan

Poultry.

May 19, June, June, 1927. 1918. 1918. Cit. Cls. Ctr

50

:80":"31

28 30

45

28. 30.

56

45

18

21.

each

par doz; 30

22 21

n 32 25 20

tb. 35

45

50

24

| 14

per set 15 10

12

#

Geesa

each.00

60

60

Pigeons, Canton

白购

each 55

» $1.20

:" 25

**

Ib.

Turkeys, Hen. Salpe Pheasant

th

each

pair ench

lb. 24 18 14

34 20 19 " each 12 10 12 15 10 12

25 20 22

b. 2018 14

#

Hathow

Turkeys, Cock

Quall

Partridges

■ẹt $1.20 $1.00 $1,00 1b. 48.26

Almonds

Apples (California)

Bananas (bride's)

Carambola Coocanuts Lemons, China...

Lemons (América)

Per set 6

16 15 28 15

each

Lichses, Dried

1b.

37 25 23 34

·3760

70

60 70

ench:18

15 12 10 26 25 20 2022

Grapes

Sheep's Head & Feet.... * per set 88

Heart

ה

Н

Kidneys

Liver

Again, the banker usually places his strong room, at the free disposal. of his customers for the safe cus-Sucking Pigs, to order. tody of their valuables. If he Suat, Beef negligently loses anything he is Mutton

THE MERCANTILE BANK OF raah advies on Investments. In

INDIA, LTD.

HEAD OFFICE:

16 Grasschurch Street, London, E., 3,

Authorized Capital ...£3,000,000 Subscribed Capital... 1,809,000 Paid-up Capitāl

1,050,000 Reserve Fund and rest. 1,545,667 JBANKKEST The Bank of England & Midland Bank, Ltd. JAPAN:-Tokyo,

BBANCHEN: Yokohama, Kobe, Bangkok Salle Keste uspar Langoon Osaka.

Bakaria pagkong Kasutas(Pubang) Mkanghal FORMOSA: — Giran, Kagl, Karenics, Hombay Howrah - Madras

New York Hingapore Colombo

Kola Bhara Fort Couls (Mauritius)

:. DANA HONGKONG BRANCH.

VEHIN

Sourabaya

Keelung, Makong, Nanto, Shin Calentin Kand PORAD

alku, Teiche, Tainan, Takao, Dell, Tamaul, Toen, Heito, Taito. CHINA: Shanghai, Hankow, Amay,

Foochew, Swatow, Canton..

Every description of anking and Exchange but OTHERS: Hongkong, Singapore, CT allowed on Current Accounts at Eper Soerabaya, Bemarang, Batavia, cont. per annum on Tally Ballone and on Fixed Bombay,

Deposita, atʻrates that may be sacertained on New York application,

O, LC SANDES,··

Calents London Boro

LONDON BANKE28 London County Westminster and DARRO PAXe'a Bank on Pan

The Bank has Vorespondente in the Okismercia in the Koropean Continuu, RusER, MAR cheria; Kungtao, Japan Indo-Unina, Biam, Todia Flipping Inlands, JAYA, ADJAN, B90671. “

Haferent allowed

50

20 20 18

20. 20

20 19

20

20

Fruits.

福部博金花紅大善

each 18

Ib,

Oranges (Canton).

Oranges

Pears (Canton) Peanuts

Persinimous, Large Plantain

Pumelo, Slam Walnuts

di-Lench 酱枝干J6.

新會哉證

N

cách

A

each

Artichokes.

Beans, Sproat

Long

Beet Roat Bitter Squash Brinjale, Green

Red

Vegetables,

Cabbage, Chinesa....

(Shanghai)

Cane Shoots, bunch... Cauliflower (Large) • ** (Medium).

(Small)∴網轉榮花

Hable. He is also Hable if he gives Veal.

群:油

practice, however; this seldom oc- curs as banka to-day merely hand on opinions furnished. by their own) stock-brokers.

Sausages

No. 1..

Fish.

19

**24

20 20

18

20

18 16

38. 10

20

12

30

26

32

23

.10

60

23 16

22 10

"

10

Carrots

18

Celery, Chinese

10 18

Chillies, Dried

***

辣椒干

Red

Green

If the banker by mistake dis-Barbel bonours a cheque drawn. on an account which is in funds he is

Breazi Hable. The amount of the damages

Canton Fres depends on the injury done to the Water Fish, drawer's credit. If the customer Carp.. is a private individual little Injury, Catfish' except to his pride, may be done, Codfish but, should he be in business, heavy Crabs damages might be awarded. Be Cattle Fich fore a cheque is returned, then, the Dab.. account is carefully scrutinised Dace and the calculations checked by responsible officers to ensure that Fish

Eels, Conger no mistake has crept in.

Similarly pase books are care-

Fresh Water fully checked before they are hand-me-Yellow ed to the customer.

Froun A pass-book error, if in favour of Garoupa... the customer, might easily result in Gudgeon, loss to the bank. If the customer, Herringe having examined his pass-book, Halibut he is in a very strong position to draws on the money in good faith,

resist the bank's claim for repay 324 on the 22nd of November, 1017). Authorised Capital $80,000,000.00 ment. If however, the mistake. Paid-up Capital $18.278.600.00 such an obvious one that the c Reserve Fund ****** $ 0,620,425.24 tómar should not be misled by

Tak the bank can rectify the matter to HEAD OFFICE PEKINGEREZ

Its own satisfaction.

DF, Queen's Road Carlisi, Zonekong, Juan 10779|

THE BANK OF CHINA

行銀

Aata, and Fixed (Specially Authorised by: Presidential

Deprived onto which will be qoquad an applies- "Mandate "of the Republic of Chian

·TAKAGI,

Manager

HONGKONG. DRANCIS.

A. 8, Des Voeux Road, Central, Hong Kong, th May, 1926.

THE BANK OF CANTON, LTD.

Established: 1912:

Head Office Hong Kong

Anthorised Capijal (17.1, GarroBoy)... 11,000 dou “Prld!Up Can

€850,000

Bankow, Bwatche York and Ban Francisco, SLONDON BANKERESIUNEA

Bangkok

l'all principal cities of the World);"

HONGKONG BEANCH

Kode 4: Queen » Road Central

Branches and Sub-branches all over China and Correspondents in Europe America, and other parts of the world, Lonton BankersThe National Proving #valaland Union Bank of England, Ltd The Guaranty Trust Company, kot, Néw

New York Bankers The

National Bank FAN The Equitable Trust Company of New

York

Interest' allored en

and Fixed Deposita:

Contrary to the baller of many people, a banker can recover money. paid away by himin errore. If for instance, mistä Thas no

崔肚:水:

སླཋ ཿབླཱ ས ཋ བ ལ |ཚ༷ ཤ་ཨྰཿཅ

15.

23

22 24

Curry Stuff, Eng

Cucumbers Garlle

Ginger, Young

Old

Horseradish, Shangha Indian Corn 2 Lettuce

Water Chestnuts

Fushroom

Oniona, Bot

Manda

#

2 333 - 88 (IT

24