1927-08-05 — Page 2

2

HONG KONG AND SHANGHAI BANKING CORPORATION,

Authorised Dipital .'. Zaradi nad Pully Paid-up

Reverse Panda jana

Sterling .......

1,000,000 ++$28,400,000

$60,000,000 $1,000,000

Amarvo Liability of Propriators....$10,000,000

BRAD OFFICE: HONGKONG.

ODUET OF DIRECTORS?~ Hon. Mr. D. G. M. Barsart,

Chairman,

W. H. Ball, Ka

A. II. Complon, Esq. Deputy Ubaimes.

N. 8. Brown Eng, “

A. Macgowan, Kag. -

.. 8. Mackie, Keq

AMUY

BANGKOK BATAVIA

BOMBAY

ALOUTTA

•GANTON

W. L. Zaitendar, Req.

T. O, Weall, Baq.

ELF. Wait, 4.

Acting Chist Manager. Hon. Ma, hi Q. Hynet.

BRAMUEL:

LONDON ETOMS

MALADDA

MANILA

MOURDES

KAGAFAXI

UERPOO

NEW YORK

COLOMBO

DAYER

ГООСНОМ

HAIPHONG

HAMBURG

SAN FRANCISCO

BANKOW

HARBIN

HONGEZW

ILOILO

под

JGBOBE

KOBE

KUALA

LUMPVA

PELING

PENANO

BANGOON

BAIGON

SHANGHAL

SINGAPOREE

SOURABAYA

BUNGI YATANI

TIENTSIK

TOKYO

THINGTAO

YOKOHAMA

Current Accounts opened la koosă Currency

and Head Deposita esclived for one ye de

shorter perioda la Local Currency and Sterling

on tar walsh will be quoted on appkloution,

Hong Kong, 19th July, 1927. '

HONGKONG SAVINGS BANK.

The Ensin of the above Bank is coo- dacted by the EONGKONG AND BUANGHAI BANKING CORPORATION, Halos may be vitalead es application.

FOR THE HONGKONG ★ HITANGHAL BANKING OORPORATION.

A. G: Hynes, 'Acting Chief Kisonger-

Hongkong, th March, 1917,

BANQUE DE L'INDO-CHINE.

HEAD OFFICE:

96, Boulevard Haussman, Paris:

.Frs.58,400,000.00

Subscribed Capital...Frs.12,000,000.00 Fald-Up Capital .... Reserve Fund... Fra 89,384,619.10 BRANCHES: Bangkok Hanoi

Battambang Hong Kong Salgen

Centho

Canton

Dibouti

Pondicherry

Mengtze

Nam Dinh

Shanghai Singapore

Noumes

Tientsin

Fort-Bayard Papeete

ourine

Haiphong Peking Yugmanfu Hankow Prom-Penh

BANKERS:

IN FRANCE: Comptoir National d'Escompte de Paris; Credit Lyonnais; Banque de Paris et den Pays-Bas; Credit Industriel et Commercial; Societe Generale.

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

do

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

Interest allowed on Current Accounts and Fixed Deposits according arrangements,

THE BANK OF EAST ASIA, LTD.

HEAD OFFICE: HONG KONG.

10, Des Voeux Road Central, Hong Kong

Authorised Capital

Paid-up Capita!

Reserve

.$10,000,000 5,000,000 1,200,000

·BRANCHES AND AGENCIES:- Batavia Melbourne San Francisco Bombay Nagasaki Seattle

Calcutta New York

Cantos

Haiphong

Paris

Honolulu

Peking

Kobe

Penang

Kowloon

1

Semarang

Singapore

Sourabaya

Sydney

Taipeh

Rangeon

Tientsin London Saigon

Tokyo Shanghai Manila

Correspondents in all principal cities of the world.

Every description of Banking and Exchange business transacted. Loans

granted on approved securities.

SAFE DEPOSIT BOXES to lat..

Chief ManagOS,

Hong Kong, 21st March, 1927.

行銀商工法中

BANQUE FRANCO-CHINOISE

pour le

:

Commerce et L'Industrie

- (Incorporated in France).

5, Chater Road, Victoria, Hong Kong.

HEAD OFFICE: 74, Rue St. Lazare, Paris.

Capital fully paid up... Fra 40,000,000

THE CHINA MAIL.

COMMERCE

STRAITS SHARES.

FRASER'S WEEKLY

REPORT.

Singapore, July 26. There is practically no change to record in the price of either tin or rubber during the past week and

has been a little more

AND

FINANCE.

TRADE BARRIERS.

INTERNATIONAL ECONOMIC

HOME SHARES.

Rubber and Tin Reported Quiet.

FRIDAY, AUGUST 5, 1927.

“SAVE YOUR COCONUTS.”

Valuable Oil for Margarine

Manufacture,

+

HONG KONG TIDE.

The tide-table given below-bas been obtained by aid of the Tide. predicting Machine, which in- London, July 27. "Don't uproot your coconut," cludes 40 components for the bet- There has been very little doing was the advice to India given by ter prediction of tides, from the In the rubber share market as the a representative of the leading result of the analysis of the tidal volume of business is small but margarine manufacturers giving observations, taken at the what has taken place shows a firm evidence before the Royal Commla Kaulung tidal observatory under tendency with a few improvements.sion on Agriculture in India, who

The spot, price of, the commodity explained that coconuts were in- the direction of Dr. Dobarck dur- in, Mincing Lane.quotations is 18. creasingly needed for margarine. - ing the years 1887, 1888, & 1889. A hundred per cent, groundnut The times and heights are given 5d. and the tone of the market there is also steady. CONFERENCE

oll was used in the preparation of for Kaulung; but they may be Tin is quoted to-day at £289 1-16 the better qualities of margarine. used for the Victoria Naval yard The International Economic but the shore market on this aide Mr. Rowland, of the Advisory Com- and Aberdeen, the differences. Conference terminated at Geneva remains-Idle which is probably to mittee of the Department of Over being very small,

on May 29, and a week later, May be attributed to the fact that there seas Trade, giving evidence, cald

the East.

The times of high-and low.

water must not be considered to

have experienced a dull time. There Manchester Chamber of Com-Eastern descriptions which are un-of India was severely handicapped coincide with the times of slack. interest merce held a special meeting for supported. Either at Home or in through, the desire of well-meaning water and change of current, the shown in industrials and the tone the purpose of giving considera- Chinese are fairly steady and of the market is slightly firmer tion to the results which it Japanese are responding to the though. quotations are mostly up-achieved.

continued demand."Singapore changed. Loan has changed hands

The President, Mr. W E. Free Press.

cases. It

consists

distinct.

"DATR

An initial order for a new design Is infrequently for an insignificant number and no further orders were received beesuse another officer becomes concerned with its distri- August butilon and discovers that the merits of the dosign have been over-rated | Fri. and the makers are then requested to make revised designs to his lies dat and so the process goes on,

Government officers and others connected with agriculture to in- two phenomena being quite vent new types of ploughs.

August 5 to 11, 1927.

HIGH WATER Lower Water

Standard star.dard Times! Times

5m 3 14 | 4.7 | mi ♬ 21 128 1 84.6 a 37 2.8 5m 3 175.9 | in 10 21 |2.5

21h 4.1

and.

!

Ht

3 8.3 m 11 4 31 7 m 4

5-1313,9

.

8 45:8

H 136 40.

15 10 34 a

1 25 1.9 11:30

| Special working capital ),Fra.50,006,000 prem, Among, local issues Sunget leading part in such matters. to a pound sterling, but is divided Pain in Chamberlain's Colic and Diar: Thars 11. m 7 12 7.20 19 3,4

Reserves

Paris -Saigon Peking

.Fra.18,276,000

BRANCHES:

Lyons Marseilles

Hiphong Hanoi

Shanghai Tientsin

Hongkong Phon Penh

BANKERS:

FRANCE: Societe Generale, Banque Nationale de Credit, Banque de

Paris et des Pays Bas LONDON: Midland Bank Ltd. NEW YORK: Irving Bank Columbia

Trust Co.

.

Thoek Remedy," It pays to keep it

This country and our county in decimally into one-thousand mills. always on hand. For sale everywhere, particular were vitally affected! by the Geneva policies.

144.1

in fair quantity round current mar- Thompson, in the chair, explained ket prices.

NEW CURRENCY FOR Mining-Idris Hydraulics have that he had felt it was desirable

PALESTINE. changed hands at 588, 9d. Asam to call a meeting without loss of Kumbangs 588., Ratruts 26s. 6d. time in order that the Board

Jerusalem, July io. and Ulu Tams 496. 9d. There have might consider the very import-

Seventy-five tons of money ar- been o fair number of Teja ant and afgnificant decisions Malayaa taken at 288. 9d. and Kun- reached at Geneva. If the work ived on Saturday under a strong danga are wanted at $16. Renong

480,000 of Consols offer at 2s. 3d. prem., Chen that had been accomplished was military escort packed in 1,500 silver. derlangs 218. 6d. and Haad Yals to have a real result in the world, Palestinian Pounds in

'FRIGHTENING IN THE NIGHT.MOR. 6 m 4 28s. 3d. There have been dealings it was essential that it should be nickel and bronze coins which is

8.7 A cry in the night, griping pains in T. 9633 6.8 In Bawangs, Kampongs and Ks pressed forward. Public opinion the first instalment of the new

-the vitals, cramps, weakening diar- muntings at quotations and Stone would have to be formed, and no-currency to supersede the Egyptian hoea; whether child or adult, there wad, 30 m3 0.3 129 13 Tins just floated successfully in body was better adapted than the currency now used. The Palestina immediate comfort and ease from London are enquired for at a small Manchester Chamber to play a lan Pound is equivalent in value

Ways have advanced sharply to 3.87% with further buyers and Ula Piahs are wanted at 1.12%. There are buyers of Chin Chins at 1.16, Petalings 4.62, Rantau Prefs at He reminded the Board that. 2.10 and Puteh Tins at 1.19, while the International Chamber was a considerable number of Kuchais meeting at Stockholm in a few have changed hands round 2.05. Batu Caves have been in good de-weeks time and that Manchester mand up to 1.37% and Kuyahs would be represented by the have made 1.53, Malaya Consolidat Secretary and himself. If the eds 1.19 and Rahman Hydraulics Board agreed, he felt that much 2.57%. There has been a fair de- might be done at that gathering mand for Na! Hoots at 41 with to give force and direction to the sellers just over.

ideas and aspirations of Geneva.

The President concluded by in- Beef Sirloin viting the Secretary, Mr. E. Raymond Streat, to present his report, Mr. Streat having attend- ed the Conference as an expert attached to the British Delega- tion.

Every description of Banking and

Rubbers-Only a somewhat dull Cermarket Bassetta are wanted at 1.10. Exchange Business Transacted. respondents throughout the world.

Connemaras at 2.12%, Allenbys 2.65 A. ROLLIN,

and United Malocqas 2. Sungel Manager.

Tukangs have made 1.08% Chang- Hong Kong, 21st April, 1927.

kat Serdange 8.10. Ayer Panas 10.50 and Tapahs 2.80. Bukit Jelo- at 94, tongs are enquired for Pajams 2.25 and New Seudals 2.65.

Industrials Straits Traders THE CHARTERED BANK OF

have come in for good enquiry and INDIA, AUSTRALIA & CHINA.

clase Arm with. buyers at 31.50. Straits Steamships have been taken Incorporated by Royal Chater, 1858.

at 386 and Fraser and Neaves 18.66. HEAD OFFICE: LONDON Cold Storages have been placed at

"The Board of Directors of the £3,000,000 6.15 and Eastern Smelters are want- Paid-up Capital

£4,000,000 ed at 20.15. Thornycrofts have Manchester Chamber of Com- Reserve Fand Reserve Liability of Proprie

changed hands at par, United En-merce having considered a report £3,000,000 gineer Ords. 11.10 and Robin- of the International Economic aons 27.85. Malayan Collieries are Conference, held in Geneva in enquired for at 86.25.

tors

Agencies and Branches:

~ (kalay Stales)

ALOR STAR

AMILITAAR

BANGKOK

BATAVIA BOMBAY CALOUTTA CANTON CAWNPORT OKRU COLOMBO

HAIPHONG-

HAMBURG

HANKOW

to

HONG KOND

ILOILO

ΠΡΟΣ

KAILA QUI

KLANG

Every description of Banking and Exchange Business transactod. Safe Deposit Boxes to lat,

CH. LEM,

Manager. Hong Kong, 20th February, 1927.

NEDERLANDSCHE HANDEL MAATSCHAPPIJ.

INSTHEHLANDS TEADING HOCIETY}

BANKERE

Matablished 1904.

Hong Kong Offre :-Xi. Queen's lLoad Central Authorised Capital Guilder 150,000,000 (£11,800,000) Zald-Up Capital GuTidees #KALDO),000-

(£8,000,070.) Romerro Fund wennorammi Guilderə 60,000,000- (£3.533,553) Read OM06:—AMSTERDAM”). Kastam Head, Osos:—RSTAVIA BRANCHEI -- Bandjankazala, Baxdoung”), Bom.

MÁDZAR

MANILA MEDAN NEW YORK FKKINO PENANG PESILAWAR PUKKT BANGOON BAIGON HKMARANO BEREMBAN SHANGHAI

BINGAPORE SOURABAYA TAIPING (F.M.S.) TAVOX TIENTALN

TOKYO THINGTAO YOKUHAMA

1927

July Rubber Tla Toms Sold Price. 20 18 44d £279.12.6 200 $144.37 21 18 4d 280 2.6 150 145.25 22.18 6d 283 200 145.25 23 1s 5d 281.15 125 145.50 26 is 51⁄2d

226 145

26 13 5d 282.17.6 125 T45.875

"CHEQUELETS.”

Test Case By Inland Revenue.

The Board's Resolution. After hearing the report and discussing the matter at some length, the Board unanimously adopted the following resolu tion:

May, 1927, under the auspices of the League of Nations, desire to

HONG KONG MARKET PRODUCE.

APPROXIMATE RETAIL PRICES.

Butcher Meat.

Poultry.

July 29, June, June,

1927. 1918, 1914. "

July 29, June, June, 1827 1918 1914.

Cla. Cta. Cia.

Cts. Ctr. Cur.

* 16.

28 24 12

Chicken

Ib.

81

+4

Prime Cut

28

23

12

F

Capons, Small

55 28 30

20

Corned

www.

23 12

"

28 30

14

Roast

28 24 22

"

21

"

Breast

each →→→→

23 91

Soup

per doz. 80

18

物

Steak

"

86 25 20

#

本地

Ib.

23 24

"1

38 24

Steak Sirloin ' Babsages Bullock's Brains ******

21 Tongue, fresh.. # Tongue, corned

Head

14

24 20 18

Capons, Large

Duck

Doves

Eggs, Hen (cooking);,

Egga, Hen (fresh)

Fowls, Canton

Fowla, Hainan ...........

28 20. 18

28

per set 15

40 26 10

24 22 40 20. 35.

20

12

Geese

each 65 50 60

Pigeons, Canton

60

$1.20 -$1.20

1b. 24 19

14-

84 20 18

Heart

"

Hump, Salt..

Feet

onch 8.10 12

Kidneys

16 18 | 12

Tall

23 20 *22*

Liver Trips

ib.

24 18

7

34

7

+

place on record their general Calves' Head & Feet:.

the conclusions Mutton, Chop approval of reached by the Conference.

"

#

Log Storder Saddle

44

In the opinion of the Board,] - -the-most important aspect of the

work of the Conference is its Pig's Chitlings clear and convincing declarations on the subject of Trade Barriers. British trade as a whole, and the Lancashire cotton trade in particular has suffered in recent years, not merely from barriers raised in so many countries against the entry. of its own Pork Chop Current Accounts opened and Fixed quelets" recently-issued by the goods, but equally and in some

** Leg more seriously,

KOBE

KUALA KANOUAR

Perak, (BM.8.)

KUALA LUMPUR

KUCHING

ZAMBOANGA

(Phillopian Inlandı)

Judgment was given in London on Foreign Exchange and General Bank- July 25 by Mr. Justice Rowlatt in a test case regarding the "che

Midland Bank.

ing business transacted.

Deposits received for 1 year or shorter periods at rates which will be quoted ou application.

``J. R. GEORGE,

Hong Kong, 7th March, 1927.

Manager.

THE BANK OF TAIWAN, LTD. (TAIWAN GINKO). Incorporated by Special Imperial Charter, 1899.

way,Caleatts Chartbon Jid Capital Subscribed Yen 45,000,000

dhi, Bisimber, Djokjakarta), The

Midan, Padang

Kobar Keta Rails Capital (Paid-up) ......Yen 89,370,000

HEAD OFFICE:-Talpek, Formosa,

Palembang, Präslongan, Penang, Postiansky Rangoon, Rotterdam). Bamarang, Shanghal, Bibolga Buat Boatsbal, Bor Karta (Holo)., Tegal," "Thistlap and Wallarredab.)

"Tunes pasose kayo saće deposit boxsa to lab Lendon Blazersz-National Provincial Bank Ltd. Correspondanta sil over the world

Banking business of over?

description traumcta.

·O. STEENSTNA

Hongkong, 20th July, 1977,

Manager."

BRANCHES:

"

ส

·**** #BEBERSEBERRYGHEKERET ****

set $1.20 $1.00 $1.00

Hollow

Turkeys, Cock Turkeys, Hen

Salpe Pheasant

Quell Partridges

Almonds Apples (California)

Bananas (bride's)

Carambola

Fruits.

*******BS 268918879938 11164T

EM

» 45 24. 24

each 55 80

23.

#

Ib.

sach

pai

each

330

$5

82 24

#7

12

each 14

10

10

Ib. 18

金山神廠

each

В

35 25 80

新會翻卷

Lemona (America)

Lickees, Dried'... * #T. Ib.

Oranges (Canton)

48 26

#

48 16

46

24

"

48

36

H

Brains

*Feet

Per set 31

lb. 16

15

17

Fry

28 15 18

Coopannts

Head

"

18 20

Lemons, China

Heart

each 15. 10

10

Kidneys

15 10 8.

H

Liver

Ib.

55

80

ZA

:85. .25 98

Oranges

Pears (Canton)

42 40

70

1240, 21.

—

#1

70

Plantain

Each 128

Pumelo, Slam

18: 12 4024

107 25

Walnuts

Grapes

Ib.

Mutton

*:46 -26 28

*86 20 19.

Sausages

40

20

·20

82

Artichoke

Fish

Loin

时

Fat or Lard

These chequelets did not bear the respects even two-penny stamp required for from the general check to trade cheques and were intended to be in all directions. Anything Sheep's Head & Fest... per set 85 00 used by clients for payment of which prevents overseas countries amounts below two' ponnda. from disposing freely of their

The bank contended that they products in Europe and elsewhere

below two pounds and that they

.

Heart

Kidneys

Liver

10

were only receipts for an amount inevitably restricts their purchas-Bucking Pigs, to order. were not liable to stamp duty inasing power as customers.. More- Sust, Beef much as ordinary receipts for an over, Great Britain being the amount below two pounds do not chief customer of many European vet incur stamp duty.

countries, our prosperity is vital- The Inland Revenue authorities, ly important also to them. however, submitted that these docu- The Board welcomes the admir ments were bills of exchange reable proposals made by the Con- quiring a stamp.

The Judge decided in favour of ference to diminish the severity the Inland Revenus authorities of the obstacles to trade recovery Barbel Chequelets had been withdrawn by in the form of excessive Trade Bream the Midland Bank pending the hear Barriers,

Canton Fresh ing of the test case, and in view The Board trusts the British Water Fish." of the court's decision their further Government will use its influence Carp use is, of course, impossible.

20 25 22 3020 18

Pennuta

·Persimmons, Large. L

each 20

19 24

18

16.

K.M.A. OUTPUT.

to support the necessary action Catfish through the League of Nations Codfish and in every other way in order Crabu The local agents of the Kailan to carry out the policles laid Cattle Fish

Dib” Mining Administration report that down.

86

20

28 20 85-1802

85

28 16

37 10

Carrots

JAPAN:-Tokyo, Yokohama, Kebs,

Osaka, FORMOSA-Giran, Kagi, Karenko, Keelung, Makong, Nanto, Shin- chiku, Taichu, Tainan, Takaó, Tamsul Toen, Hello, Taito. CHINA:Shanghal, Hankow, Amoy, the total output of the Administra. The President and officers of Dace

Foochow, Swatów, Canton.

tion's mines for the week ended the Chamber are authorised to Dog Flab

THE YOKOHAMA SPECIE BANK, OTHERS Hong Kong, Singapore, July 16, amounted to 93,759 tone, take all possible steps, through Eels, Congs

Soerabaya, Semarang, Batavia, and the sales during the period to the International Chamber of Bombay, London, New York 59,484 tons. Calcutta,

LIMITED.

Established 185E,, -

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

Yen 92,600,000

Head Office: YOKOHAMA,'

Branches and Agencies at:

*Alexandria,

Batavia.

Bombay-*-

Buenos. AfrOS.

Calcutta

Canton.

Changchum..

Dairen (Dalny). Fengtien (Mukden).

Hamburg,

· Hankow.

Harbin, Hons Kom

Honolala.

Kat Toen.

Nowchwang. New York

Osaka.

Poking. Rangoon Rio de Janeiro.. Balgun San Francisco. Seattle, Semarang. Shangha Bhimonoseki, Singapore. Soerakaya. Bydney Tientsin Tokyo.

LONDON BANKERS: London County Westminster and “ Parr's Bank,"

The Hank has Sorrespondente in the Commarofa, Centron in the European Continent, Easing MAR churia, Tsingtao, Japan, Indo-China, Blam, Indis Philippias

Llando, Jars, strica, sa' Interest allowed on Current Accounta Fixed Deponite at ruler which will be quoted on Application

T. TAKAGIN

HONG KONG BRANCH: AN

3, Des Voeux-Road Central: Hong Kong, 7th May, 1925.

THE BANK OF CANTON, LTD.

Established 1912. Head Office-Hong Kong,

Antierland Capital (EL.B. Currency). 21,000,000 Paid Up Capital.

THE BANK OF CHINA. 行銀國璺

(Specially Authorised by Presidential Mandate of the Republic of China. on the 22nd of November, 1917).

Authorised Capital ver Paid-up Capital Reserve Fund.

$860,000,000,00 18,78,800.00- 9,620,625.24

HEAD OFFICE: PEKING

HONG KONG BRANCH

·Branches, and Sub-branches all over

Fres

Commerce and otherwise, to eX- tend the full support of the Frogs Manchester Chamber of Com Groups merce to the endeavours to Gudgeon diminish and

remove Trade Herz

Halibut Labrus

Barriers "}

P.&O. BANKING CORPORATION. Lä

Lord Inchcape's

Review.

London, July 9.

At the annual meeting of the Peninsular and Oriental Banking

4 Queen's Road Central Corporation Lord Inchcape stated China and Correspondent in Europe, that owing to the uncertainty of America, and other part of the world conditions in China the Directors

* London Bankersyn The National, Pros; had deemed it prudent to place vinsial and Union Bank of England, £20,000 to the contingency res Ltd fund. The year had been one of

Guaranty Trust Company of difficulty calling for prudence

New York

* Now & York Bankers:

National Banki

Irving

constant effort. Since

Sir Camowinto existence

Long

Vegetables,

Beans, Sprout

Beat Hoot

Bitter Squash

Brinjate, Groen

Ref

Cabbage, Chinese

(Shanghai) Cane Shoots, bunch Cauliflower (Large).

"(Medium); (Small)

Celery, Chinese

Chilias, Dried

Rad

Green

Carry Stuff, English

Cucumbers

Garlic

Ginger, Youn

Hare

Indi

Lobst

Mac

Monk Pi

Mullet

Oystern Parrot

Mushro

each

10

12.

12

received for fixed periodaʼat

‚entes to be obtained on

$11th Marc

The Equ

Interest

and Fixed Deposita

tions