1927-08-23 — Page 2

China Mail 德臣西報 中國郵報 All

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

BANKING CORPORATION.

Authorised Cspital..

Emart kad Fully Paking

Boscere Pundi poe.

$60,000,000 $80,000,000

Blacking matiemanal 8,100,000

Ber.. $18,508,000

HEAD OFFICE: HONG KONG.

10, Des Voeux Road Central, Hong Kong

Authorised Capital

Paid-Up Capital

Reserve

.$10,000,000.

5,000,000

1,200,000

BRANCHES AND AGENCIES:-

Hoservo Liability of Proprietors .... 1-800,000,000 || Batavia Melbourne San Francisco

HEAD OFIZIKI HONGKONG,

ØGUET OF DIRECTORS —–—– BOL. D. G. M. Barnard,

Chairman.

a. II. Compton, X+4-

- Depaly, Chalman, 3

W, H. Bell, Raq,

Nagasaki Seattle

Bombay

Calcutta

New York

Semarang

Canton HAlphong

Osaka

Singapore

Paria

Sourabaya

Honolulu

Peking

Sydney

Kobe

Penang

Taineh

Tientsin Tokyo

W. L. Paitonden, Hot‹ | Manila

M. & Brown Lat.

T. 0. Well, E.

11. F. Whitė, Koq.

, G. & Mackło, Kag.

A. Magenan, Raq.

AMOT

BANGKOK

SATAVIA

BOKBAT

Acting Chief Manager,

Hon. Mr. a. G. Hynes,

ALOSTLA

'GANTON'

CHX700

COLOMBO

DAIZEN

SOGONOWI

HAIPHONG

HAMBURG

HANKOW BARBEK

UDKⱭKIW Wollo

*PORT

JOHOLI

ROBK KUALA

LUMPUR

MOLAN CITY:--

LONDON

LTONB

MALACCA

MANILA

MOUEDEN

KAGASAZI

KEW YORK

FELIKS FINANS

* BAXDOON

SAIGON

SAN FRANCISCO

SHANGHAI

SINGAPORN

BOURAKATA

BUNGRI FAZANI TIENTS

TOXXO

TSINGTAO

YOKOHAMA

Verres Asocusta opened in Local Durrancy and Fixed Deposite secsired for and y002_03- shorter period in Local Currency and Starling on tarmi which will be quoted on application,

Hong Kong, 19th July, 1917.

HONGKONG SAVINGS BANK.

The Brasher of the whore Bank in con- by the ROXAKONG AND HUANGHAI BANKING CORPORATION. Raise may be okained on application.

FOR THE HONGKOKO & SHANGHAI MANKISO CORPORATION,

A. U. Hynes, Asting Chief Manager

Hową kong, Dih Starch, 1927.

BANQUE DE L'INDO-CHINE.

HEAD OFFICE:

:

Kowloon Rangoon London -- Baigon

Shanghal 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 let.

KAN TONG. PO,

Chief Manager.

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.. Luzare,

Reserves

Paris

Saigon

Parla.

..Frs.18,276,0009

BRANCHES: Lyons Marseilles

£2,623,000 SURPLUS.

REPORT OF AUSTRALIAN TREASURER.

THE CHINA MAIL.

COMMERCE

Melbourne, July 12. The Federal Treasurer (Dr. Earle Page) in making available to day the approximate statement of receipts and expenditure for the year ended June 80, stated that the results were more favourable than the Budget estimate, due mainly to a very buoyant customs revenue in the first nine months of the year. and also to the collection of arrears of income tax.

Summed up, the transactions for the year show a credit balance 22,623,000 before making any pro vision out of the year's revenue for expenditure on naval construction. The programme of naval construc-

la £7,000,000,

SAND

ed population, which was slightly over-started, The Budget also pro- vided for relief to Western Austra- la in respect of the North-West. This provision was made in connec tion with an offer of the Common- wealth to take over the whole of the North-West territory above the 26th parallel. This offer was declined by the Western Australian Govern Smant, and negotiations for taking sum was not anticipated in the over portion of the territory had Budget.

Maternity allowances r* teen conclude" at the end of the

FINANCE.

show a decrease of £20,000.

The Increase of £93,000 In ordinary departmental services is chiefly accounted for by:-Troa- sury, $44,000, being £25,000 for coinage, which is more than counterbalanced by increased re- venue: $10,000 for Increased com- mission in the post office for payment of pensions, and £9,000 for general contingencies. The Department of Trade and Custome showed a general increase of £27,000, due to increased Importa.

AFRICAN CHIEF.

Goes to Wall Street for Loan.

New York City, Aug. 15.

The World says that preliminary negotiations for a two million dol far loan have been concluded by The increase of $170,000 under Winifred Syphen - Tete Anso, miscellaneous services, is mainly negro and native of the Gold Coast, due to an expenditure of £80,000 West Africs, with New York bank- in connection with, the Royal visiting interests. which was not provided for in the

The loan will be used to finance estimates.

of the production and marketing of An extra sum £20,000 was also required for the cocoa, grown on the Gold Coast. contribution by the Commonwealth Tete Ansa is quoted as saying that

a

Customs Revenue.

On the revenue side Customa and Excise showed an increase of

with

TUESDAY AUGUST 23, 1927..

BANKS RICH.

TWO IN AMERICA GET IN ⠀⠀ BILLION DOLLAR CLASS":

New York, July 81. There are now two billion- dellar, banks in the United States. The Chase National Bank of New York at the end of June, an nounced that it had joined the National City Bank in attaining this distinction, Its total resources amounting to $1,042,513,998.

National City resources on June 30 were $1,557,421,958, making It the largest institution of Its kind in the United States and in point of capital funds, the largest in the world. The Chase Nation- al Bank has been established fifty years and the National City 115.

BRITISH COAL TRADE.

showing a larger output per man shift. Trading losses are heavy despite reduced labour costs, with large transport charges and local taxes handicapping the trade.

The French coal import restric- tions are proving less serious to British trade than at first anti- cipated, the report states, but some reduction is expected in ex- ports to France. Prospects for the remainder of the year are re- garded in England, as uncertain. The marger of the Amalgamated and United Anthracite Collieries has been given official approval, the department was advised.

BENGAL NATIONAL BANK.

Compulsory Winding-up

Ordered.

Calcutta, Aug. 3. Mr. Justice Costello has ordered Washington, July 4.

the compulsory winding-up of the Slight improvement in the Bri-Bengal National Bank, and direct- tish coal industry was reported to ed the issue of an advertisement the Department of Commerce in a calling for applicants for the post cable from Commercial Attache of liquidator. William L. Cooper at London,

tory rate considering competitive conditions, and prices are steady, although at relatively low levels. Weekly production for the year to date is about 2 per cent. below the average pre-strike figure, with employment 8 per cent. less,|

POLAR CAKE

-ITS QUALITY

·TRAT. COUNTS

tion which was entered upon in to the States towards payment of his primary object is to release his Exports continue at a satisfac 1923-24 provided for two cruisers,

guaranteed price to cotton country from the domination of a carrier. The total estimated cost sum of £25,000 was also granted interests. two submarines and one seaplane growers for the season 1924-26. A group of London cocoa importing British plantation owners on the Up to the present as temporary assistance to Tas- £4,500,000 has been set aside to manian apple growers.

Other Gold Coast now produce about meet this expenditure, leaving Items not provided for in the one-half of the world's supply of balance of 22,500,000, nearly all of Budget ware Imperial Conference, cocoa,----Associated Press, Capital fully paid up...Frs.40,000,000 which will be payable by the end 11,000, and the Industrial Mission Special working capital..Fra.50,000,000 of the financial year 1927-28. At to America, 26,000.

least $1,000,000 of this liability must be mat from the balance of revenue for the year which has just closed, and when the final results of the year's transactions are avail- | £1,558,000, compared able and the Budget for: 1927-28 is being prepared, the position in re- gard to this and other special obligations of a non-recurring nature will be considered. To the balance of £2,629,000 for 1928-27, there should be added a sum of £280,000 brought forward from the previous year, making a total accumulated balance of £2,909,000 at June 30, 1927, subject to adjust ing entries still to be made in the Treasury books.

HONG KONG MARKET PRODUCE.

Peking

Haiphong Hanoi

Shanghai Tientsin

Hongkong Paon Penh

BANKERS:

FRANCE: Societe Generale, Banque Nationale de Credit, Banque de Paris et des Paya Bat LONDON: Midland Bank Ltd.

NEW YORK: Irving Bank Columbia

Trust Co.

·

96, Boulevard Haussman, Paris. Every description of Banking and Exchange Business. Transacted, Cor Subscribed Capital...Fr.72,000,000.00 respondents throughout the world. Paid-up Capital Fr.68,400,000.00

A. ROLLIN, ..Frs.88,884,519.10 Reserve Fund

Manager. Hong Kong, 21st April, 1927.

BRANCHES: Bangkok ··Hanol Pondicherry Battambang Hong Kong Saigon

Mengtzo Shanghai Nam Dinh

Cantho

Canton

Dibouti

Noumea

Fort-Bayard

Haiphong

Pekin

Kankow Prom-Penh

Singapore Tientsin Tourane Yunnanfu

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

Incorporated by Royal Chater, 1853. HEAD OFFICE: LONDON, IN FRANCE: Comptoir National d'Escompte de Paris; Credit Lyannais; Paid-up Capital

£3,000,000 Banque de Paris et des Fays-Bas; Resorve Fund

.£4,000,000 Credit Industriel et Commercial; Societa Reserve Liability of Proprie- Generale

.£9,000,000

BANKERS:

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

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

to

Interest allowed on Current Accounts and Fixed Deposits according arrangements.

Every description of Banking and Exchange Business transacted.

. Safe Deposit Boxes to let

CH. LEM,

Manager,

Hong Kong, 28th February, 1997.

NEDERLANDSCHE HANDEL MAATSCHAPPIJ.

INETHERLANDS -TRADING BOCIETY)

BANKEES

tors

Agencies and Branches:

ALOE STAR

(Maley States)

ANOTHER BANGKUK BATAVIA BOMBAY GALOUTTA GANTON CAWNPORE சிகர் COLOMBO DELUI HAIPHONG

HAMBURO

HANKOW KONO KONO

1EDILO

ТРОН

KASZAUNY

KLANG KOBK

I

KUALA KANGSAR

Perak, (F.K.U.) KUALA LUMPUR KUOLING

MADRAS

MKDAN NEW YORK PEKINO PESANO PESHAWAR PUKET BANGOON BAIOON BEMARANG BELEMBAN SHANGHAI BINGAPORE BOURABAYA TAIPINO (FAMS.) TAVOY TIENTSIN TUKYO THINGTAO YOKOHAMA ZAMBOANGA

Manager.

THE BANK OF TAIWAN, LTD.

'Increnses Explained. Under war services, the item in- terest and sinking fund showed a decrease, while other items showed facreases, the net result being, ap- proximately the same as the esti- imate. The decrease in Interest and sinking fund was £202,000, due to the interest dates on the conversion loan of December last being alter- ed from December 16 to February 15. This alteration was necessary in order to spread future interest payments more evenly throughout each financial year. In 1927-28 a full year's interest will have to be paid on this conversion loan aa against only eight months' interest paid on the corresponding debt during 1926-27. War pensions showed an increase of £77,000 due to fresh acceptances of incapacitat- ed soldiers and further children of soldiers already on the pension list

was an increase of £74,000 under repatriation expenses due to increased cost of children's educa- tion, including arrears of about £30,000. There was also an in- crease of £40,000 under "other war services," being expenses of the conversion loan of December Inst.

There

the

Budget estimate. In the first nine months of the financial year the Customs and Excise revenue was very buoyant, due to heavy im- ports. The total revenue received in that period amounted to In the last three £39,848,000, months of the year there was a Beef Sirloin noticeable falling-off in the collec tions, and the total for that period was £10,205,000.

Laud

produced tax revenue £305,000 more than the estimate. due to increased valuations of land. and the collection of arrears. In- nome tax produced £620,000 more thun was estimated, due mainly to the collection of arrears. The re- venue from coinage was $198,000 more than the estimate, which was of the partly due to the issue special cofin in commemoration of the opening of Parliament at Can-

These

increase total berra. £2,676,000, which practically ác- counts for a total increase of £2,706,000 in the receipts under Part I.

#

Steak Sirloi

in Sausages .... Bullock's Brains ......

Tongue, fresh.... # Tongue, corred

H

-

Head .....

Heart

44

Hump, Salt

Feat

Kidneys Tall...

11

Liver · ****

P

Tripe

APPROXIMATE

*

RETAIL

PRICES.

Poultry.

Capons, Small Capons, Large

Duck .... Doves

Eggs, Hen (cooking)..

Turkeys, Han

Snipe

Pheasant

Quail Partridges

· DE DE DE VALINA LA CELISTE DE DE SE

85 22

22 ~ 21

Î ខ្លះដឥត | | | | | | | |

Butcher Meat.

Aug. 19, June, June,

1927. 1918, 1914.

Cia. Cia. Ct.

Aug. 19, Juna, June, 1927. 1918. 1914

Cla. Cla. Cla

牛尾憫

ib.

28 24 12

Chicken

Jb.

50

*30 31

Prime Cat

23 28 12

Corned

Roast

W

23 $12

2824 142

.

50 28 80

#

65 28

»

80 21

Breast

24 20 18

Boup

26

18

2

Steak

each - per doz. 80

18

28

92

Eggs, Hen (fresh)

$1 36 25

40

35

Fowls, Canton

Ib..

60. 86

24.

40

20

P

per set 15

12

Fowls, Hainan Geene

#

· 50

86

40 24

each 65

60

Pigeons, Canton

each 40

80

-

w

Holkow

海口隔

:85

28

"

$1.20

-$1.20

Turkeys, Cock

火猫

Ib.

75

lb. 24

14

"

42

$4

18

each

each

8 +10

12

pair

N

1529 12

each

28

20 22

#

lb.

24

18. 14

H

7 8

7

set $1.20 $1.00 $1.00

48

48

46

"

48

35

Н

Brains Feet 2

Por set 8

21

Fry

lb 16

28

Head

17

"

WJ

Heart

#1

18

also

cách 15

t

15

Liver

Ib

52

35

2

36

"

42

70

Penttitá

24

per set 85

70

#

each 12

n

Kidneys *** Liver

15 12 10

20

46

25

Ib.

20 26:22

Persimmons, Large Plantain Pumalo, Blam Walnuts Grapes

· 80,

18

46

80

40

82

Mutton Chop...

Leg...

Shot:lder

post office showed a surplus of Calves' Head & Fost...

Of the business undertakings the 342,000, agains the Budget esti mate of a surplus of £146,000. The Increase of 2196,000 is due to: the revenue exceeding the Budget estimate. For Commonwealth rail- ways it was anticipated in the Bud-Pig's Chitlings get that there would be a deficit on the year's transactions of £464,000. The deficit proved to be £435,000, a saving of £29,000.

Territories and States.

The year's transactions showed a slightly improved position connection with Part III-terri- tories of the Commonwealth. was anticipated there would be a deficit of £400,000, whereas the ap-| proximate deficit amounted to £375,- 000 saving of £27,000,

of £15,000 was due to the Budget ea timate being framed on an estimat-

Saddle

Kidneys

Pork Chop

M

Leg

11

Loin

Fat or Lard

Sheep's Head & Feat..

Heart 隆

(Philypise Lalande) Foreign Exchange and General Bank.

The net increase of £451,000 ing business transacted.

Current Accounts opened and Fixed under statutory payments excluding Deposits received for 1 year or shorter War and repatriation) was account periods at rates which will be quoted ed for as follows:-Invalid and old-

Under Part IV.-payments to OF en application.

age pensions exceeded the estimate for the States-the variations from J. R. GEORGE, by £150,000, because of the the Budget estimate were as follow: creased number of pensioners; wine-Capitation payments, £7,585,000, Hong Kong, 7th March, 1927.

bounties amounted to £442,000, as as compared with the Budget esti-Bucking Pigs, to order. compared with the Budget estimate mate of £7,600,000. The reduction Set, Beef of £150,000. The increase of $292,- 000 was due to the speeding up of exports prior to the reduction of the bounty from 4s, per gallon to 16. 9d. per gallon. It was antici- pated that a sum of £150,000 would be required for bounties on cotton and cotton yarn. The output was bay, Calonita Charbon - Capital Subscribed Yen 45,000,000 | smaller than anticipated, and the Capital (Paid-up)......Yen 39,876,000 actual, payments amounted to 547,000, or a saving on the estimate A sum of $100,000 of £103,000. was set aside, in accordance with the decision of Parliament, to JAPAN-Tokyo, Yokohama, Kobe, supplement a previous appropria.

Osaka,

Established 1994.

Hong Kong Office :—21 Queen's Road Central

Authorised. Ospital mo... Guilders £83,000,000 (£12,500,000) Paid-Up Unpital Guilders 80.000,003)

(£1,000,070) Reserva Prad wwwmanman Cuilders 41,000,000

(£2.313,151) Head Ofoo:—AMSTERDAM), Bastern Head GG08)-BATAVIA. DRANUNKS --- Bandjazzuakin, Bandoung”), Ham

dali, Djember, bjokjakarta), the Kote-Badja, Modan, Palembang, Pekalongan, Fer Pontianak, Bangoon, Hotterdam"); BANATAg), Banghai, dibolga Boerabala, Boera- Tegal, Tiliaja

karta

Kobe,

and Walferredan

* These olives have safe deposit boxne to let

· 1andon Bankarez-Hational Provincial Bank Ltd.

Serrespondante all over the world

Banking basistoma of every description transacted."

O. STERNSTRA

Hongkong, boch July, 1927. :

Schange.

THE YOKOHAMA SPECIE BANK,

LIMITED.

Established, 1880.

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

Yan' 92,600,000

Head Office>-YOKOHAMA.

Branches and Agencies at: Alexandria,

Newchwang New York

Batavia

Bombay

Buenos Ayres,

Calcutta.

Canton.

Changchun. Dairen (Dalny); S Fengtien (Mukden). Hamborg.. Hankowa

Harhu

Hong Kong.

Honolulu. Kai Yuan Karachi. Kobe, th

London

Los Angeles, WAN,

Logona: Manila.

'Nagasaki.

2

Osaka.

Peking. Rangoon. *Rio de Janeiro. Saigon, Wed, San Francisco. Beatti Semarang Shanghai:

(TAIWAN GINKO). Incorporated by Special Imperial Charter, 1899.

HEAD OFFICE:-Taipeli, Formosa.

ANCIENT CHINESE JADES

雜雜

中羊肝仔

f

Veal

Mutton

Sausages

No. 1.

Fish

Barbel Bream Canton Fresh

Water Fish.

Carp

BRANCHES:

Catfish

Codfal

tion of £60,000 for, the encourage Special Series on Ancient crabs FORMOSA-Giran, Kagi, Karenko, ment of prospecting for petroleam

Keelung, Makong Nanto, holl. A sum of 250,000 was also re- Chinese Jades and their Cattle Fi... chiku, Taichu, Tainan, Takao, quired, in accordance with the de Tamsat Toen, Heito, Taito.

Dab .....

CHINA: Shanghal, Hankow, Amoy, cision of Parliament, to provide for meaning, commences in Dace ..

Foochow, Swatow, Canton.

a memorial to commemorate the

OTHERS: Hong Kong, Singapore, occupation of Victorian Parliament the August issue of the

Boerabaya, Semarang, Batavia, House by the Commonwealth. This

Bombay, London, New York, Calcutta.

LONDON BANKERS:

· London County Westminster and Parr's Bank.

The Bank has Correspondents in the Commercia

THE BANK OF CHINA.

行銀國中

Centras in the European Coutinent, Russia, Man (Spocially Authorised by Presidential

churia, Taingtao, Japan, Indo-Chiss, Siam, India Pallippias Inlands, Java, Africa, day:

Latert allowed on Durrest occunta, 200 Pized Deposits at tales which will be quoted on Application...

T. TAKAGI AledgeManager.

HONG KONG "BRANCH: A

8, Des Voeux Road Central. Hong Kong, 7th May, 1928. 2

THE BANK OF CANTON, LTD.

Established 1912.

Hand Offen Hong Kong.

Arthorland Ospital (EL.K, Carvery) -4 31,000,000 |

BANCHES)

Hankow☺☺fwatow; (Bangkok, New York and San Francisco, FESTS LONDON-BANKEESSANTAMAR DONETSPONDENTIELLE

cipal elties of the Worldj

BHAN

CHINA JOURNAL

Dog Fish

Eela, Conger

Fresh Water Yellow:

Frogs Garoupa

Gudgeon

Herrings

Halibut

Labrus

Mandate of the Republic of China Beautifully illustrated. Loach

on the 22nd of November, 1917),

Anthorised Capital Paid-up Capital Reserve Fund

$80,000,000,04 Subscribe Now. It will Lobsters

18,278,600.00 only cost you

*9,620 425.24

* HEAD OFFICE: PEKING, O

HONG KONG BRANCH;

Queen's Road Central Branches and Sub-branches All bvar

Chias and Correspondents in Europe

America, and other parts of the world.

London Bankers: The National Pro vincial and Union Bank of England,

Guaranty Trust Company of New York, NY

New York Bankers: The National Bankas

The Equitable Trust Company

New York

Interest allowed on Curt

Rod

* Fixed Deposits. ¡¡Terms og

tlong

th

Every description i

Loans Franted on spi

Bpecial facilities for

$10.00

Mackerel

Monk Fial

Mullet

Oysters

Parrot

Perch Pike

for a whole year's sub- scription of twelve issues Place (add $1.00 for postage Por for HONG KONG and abroad).

Order from your book seller or direct from

THE CHINA JOURNAL

眞肚 水

14

#

འུ མེ .ཆ

SN A 8A888

********81**A** *8881 | 19899851868~~~! 8:11 & 19 1978 | ARASI

Almonds

Apples (California)

Bananas (bride's)'

Carambola

Coooannts Lemons, Chinm

Fruits.

60

$2

10

20

`each 14

lb.

14

Lemons (America)

全山禪家

each

8

Lichess, Dried

35

荔枝管

14

14

Oranges (Canton)

Oranges

Pears (Canton)

Artichokes

桂步花紅大集合客

each

18

24.

4 lb..

Vegetables, &c.

10 2

Beans, Sprout

Long

Beet Root

Bitter Squash

Brinjals, Green

Red Cabbage, Chinese

*» »- (Shanghai) : Cane Shoota, bunch Cauliflower- (Large):

(Medium).

(Small)

00

19 24

32

20

13

16

1-80

30

40

60/28

18 27 139 20. 26 24

32

* 80

23:16

24

.12

10 9 108.

85

25

26

10:18 20 80

56 32 25 1.00 40 80 30 18 15 40 22 18 42-7518328 +36/- 22 ||18|

Cucumbers

Garlic

5062224

Carrota

Celery, Chinese.

Green

Chillies, Dried

Red

Curry Stuff, English

Ginger, Young

Old

Water:

Mushrooms, Fren

Okroes

Onions, Bombay.

| | ឤ = ៩៩ | | | ទី៣ ៩៩ ន ៖

12

ff each

lb.

8

each

8

E

BANS

10

30

Comments

Approved members can add comments, bookmarks, and private notes.

No comments yet.

Private Research Note

Private notes are available after approval.