HONG KONG AND SHA¶CHAI
́BANKING. CORPORATION,"
Anthorized Capital...
Laosod and Willy Paid-up ››
Masares Ponds 2-
Starling
Biliyor...
850,009,000
$30,000,000.
.....£6,000,000
FRANCA ÜLE,100,000
Kowerra Libliky of Propristor!....$10,000,000
HEAD OFFIČNÍ HORULONG.
COURT OF DIRECTORS
Hon. Mr D. G. M. Barnard,
Chairman,
*** A. El. Compton, Keq.
Deputy Chairman,
W. 1. Bell. E
26.8. Brows Kay.
W. L. Patienden, Koų,
T. 0. Wasi), Esq.
A. Macgorras, B4,
0.6, B. Mackie, Koç,
1. P. White, Esq.
Chial Manager
Hop, Mr. A. Bynes,
BRANCHEN:-
LONDON
ANOT
BANGKOR
SITAYIA
SOMBAT
CALOUTTA UANTON
CUSTOD
·COLOMBO
DAILEN soodnow DALFRONG AMBORG
НАККОЙ
BARBIN
KORUNMW
ILOILO
EPON
JOLOBE
КОВЕ
KUALA
COMPER
LYONG
MALAGOA
MANILA
MOUKDEN
NAGASAKI
NEW YORK
PELING
PENANO
BANGOON
SALGON
BAN TRANOILIE
JUANGHAI
SINGAPORE
SOURABAYA
BUNUES PATANI TIENTSIN
TOKYO
THINGTAO
YOKOHAMA
Garret 40soante opened in Local Curren and Mixed Deporte reodivad for one year or shorter perjoda in Local Currency and fitarting on terms which will begnated on application,
Hear Hong, 15th September, 1927.
HONGKONG SAVINGS BANK.
The Basis of the above Bank is con ducted by the HONGKONG AND SUANGHAI BANKING CORPORATION, Kaler may obtained on application,
FOR THE HONⱭKONG & SHANGHAI BANKING CORPORATION.
▲ O. XJ,
-Chief Manager
Hongkong, 132k Heptensbar, 1917,
BANQUE DE L'INDO-CHINÉ.
HEAD OFFICE:
98. Boulevard Haussman, Pazin.
Subscribed Capital...Fra.72,000,000.00 Pald-Up Capital.....Fra.68,400,000.00 Reserve Fund.......Fra.89,884,519.10
BRANCHES: Hanul
Bangkok
Pondicherry Battambang Heng Kong Saigon
Cantho
Mengire
Shanghai
Canton Nam-Dinh Singaporo
Dljbouti
Noumea Tientsin
Fort-Bayard Pupeolc
Peking
Haiphong Bankow Prom-Penh-
BANKERS:
Tourang Yunnanfu
IN FRANCE: Comptoir National d'Escompte de Paris; Credit Lyonnais; Banque du Paris et dos Pays-Bas; Credit Industriel et Commercial; Societe Generale.
IN LONDON: The National Pro vincial & Union Bank of England, Ltd; Comptoir National d'Escompte de Parls; Credit Lyonnais.
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 to arrangements.
Every description of Banking and Exchange Business transacted. Safe Deposit Boxes to lot.
CH. LEM,
Manager. Hong Kong, 26th February, 1927.
NEDERLANDSCHE HANDEL MAATSCHAPPIJ.
(NETURELANDS TRADING, SOCIETY)
BANKURS
Established 1835.
ma Hoc Etag Quenyll Ruen's Boul Oestrat
Manthorised Capital .............. Galiders 180,000,000
Fald-Up Capital,
Hamers Fundsome Guide in 40,236,000
(£15,000,000)
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, Rus St. Lazaro, Paris.
HOME SPINNERS.
Capital fully paid up .......... .Frs.40,000,000 Special working capital..Frs.50,000,000 ..Fra 18,276,000
| Reserves
Paris Salgon Peking
BRANCHES:
an
Lyana Marseilles
Haiphong Hanoi
Shanghal Tientsin"
Hongkong Paon 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.
Every description of Banking and Exchange Business Transacted Cor- respondents throughout the world.
A, ROLLIN, Hong Kong, 21st April, 1927.
Мадарог.
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.
Incorporated by Royal Chater, 1858. HEAD OFFICE: LONDON, Pald-up Capital Reserve Fund.. Reserve Liability of Proprie
tors
43,000,000 ..24,000,000 £3,000,000
Agencies and Branches:
ALOR BTAB
(Main Mintoa)
AMRITHẨM
BANGKOK
BATAVIA HOMBAY DAJOITA CANTON DAWNPORE OSBU COLOMBO
DELUI
HAIPHONG HAMSTILO ELANHOW
HONG KONG STOULO IPOR
KAMAQUI
KLANG
KOBE
KUALA KANGSAR
Perak, (F.M.95
KUALA LUMPUR KUGUING
MADRAS
MANILA MKDAN NEW YORK PREINO PENANG PESHAWAR PUKKT BANUOON SAIGON BKKARANG BEREMBAN SHANGHAI HINGAPORE BOUILARAVA TAIPING (F.ALS.) TAVOY TIENTSIN TOKYO
TSINGTAO
YOKOHAMA
ZAMBOANOA
(Philippine Islands)
Foreign Exchange and General Bank- ing businnas transacted.
Current Accounts opened and Fixed Deposits received for 1 year or shorter periods at rates which will be quoted on application.
J. R. GEORGE,
Hong Kong, 7th March, 1927.
Manager.
THE BANK OF TAIWAN, LTD.
(TAIWAN GINKO).
HEAD OFFICE;-Taipeh, Formoan.
Incorporated by Special Imperial Charter, 1899.
Central Bank in Formosa. Bank-Notes issued
Yen 45,000,000 Average amount
BRANCHES AND AGENCIES: JAPAN:-Tokyo, Yokohama, Kobe,
Osaka.
FORMOSA:-Giran, Kagi, Karenko,
Keelung, Makong, Nanto, Shin chiku, Taichu, Tainan, Takao, Tamsul Toen, Helto, Talto. CHINA: Shanghai, Hankow, Amoy,
Foochow, Swatow, Canton. OTHERS: Hong Kong, Singapore, Soorabaya, Semarang, Batavia, Dombay, Calcutta, London, New York, Dairen.
LONDON BANKERS: The London County Westminster, and}
Parr's Bank
The Bank has Correspondents in the Commercial Centros in the European Continent, Bumla, Man- charls, Taingtao, Japan, Todo-China, Slam, India Philippine Islands, Java, Africa, U.8.A,, Anstrella, ola.
Intarent allowed on Current Accountą, and Fixed Deposite at ratas which will be gaoĵod on | applicatión, Deporită în Yon can be accepted
J. IHARA,
Manager.
HONG KONG DRANGH; ........................... Childers 36,000,000
(£6.358,335.)
Hand (Mos?—AMSTERDAM”, Eastern Head DIRDI.—BATAVIA. BRANCHES ;--Bandjarmasin, Baudong), Bou
bay, Calesita, Clariben, AS Barber DjakjakaTIAL TES Kobe, Kota-Hauta, MARZEN
Padang Palembang, Pakalongan, na Postiina Hagoon, alteram Satanas) Singhal. Sibolga (females), Bouzabala, Boera- kasta (Bola 1, Tegal, Tilinijap and Wallwerden.") "These clicos have safe deposit Gozon to fat. London Banker, National Provincial Bank, Ltd.
Correspondentes all over the world
Banking business of story
dsaception transected.
O. STEENSTILA,
•
Manager.
Hongkong, With July, 1977,
LIMITED.
Established 1880 Capital (fully paid-op) Yen 100,000,000 Reserve 'fund
Yen 96,600,000
3, Des Voeux Road Central.
Hong Kong, 22nd September, 1927.
THE BANK OF CHINA, 行銀國中
(Specially Authorised by Presidential Mandate of the Republic of China on the 22nd of November, 1917).
Authorised Capital Paid-up Capital Reserve Fund
AGREE ON CURTAILMENT· PLANS.
THE CHINA MAIL.
COMMERCE
AND
FINANCE.
P. I. RUBBER.
AMERICAN CAPITAL STILL [INTERESTED, 45
American capital is still ready and anxious to become interested in Philippine plantations, according to Alex Muszall, exponent of Philip P: I. MAHOGANY CASE nine rubber growing who returned from the United States on Septem- ber 16. Mr. Murtall, a member of the firm of Meyer-Muzzall, opera- ters of the Panabutan Lumber and Plantation Company, spent two months in the United States confer
TO BE TAKEN TO COURT OF APPEALS.
The order issued by the Federal
THURSDAY, SEPTEMBER 29, 1927.
pansion there according to an- other authority, an
HONG KONG TIDE.
Some means of encouragement The tide table given below has to American capital must be provid been obtained by ald of the Tido ed" was the decision at a confer predicting Machine, which in ence of rubber manufacturers. cludes 40 components for the bet
Still another letter brought out
"If the Philippine Legislature reter prediction of tides, from the moves the present restrictions there result of the analysis of the tidal, is every reason to believe that any observations, taken at the programme of industrial expansion Kaulung tidal observatory under will receive a material Impetus the direction of Dr. Dobarek dur. through the co-operation of Ameri- Ing the years 1887, 1888, & 1889. can capital."
After five days of conferences the Trade Commission on August 22, ring with heads of various rubber expected death, spoke of General)
The times and heights are given for Kaulung; but they may be used for the Victoria Naval yard and Aberdeen, the differences being very small,
The times of high-and low- water must not be considered to coincide with the times of slack.
Refers to Wood's Views. · '. Mr. Muzzall, who was in the United States at the time of the late Governor General Wood's un London, Yesterday.
Wood's attitude on the rubber ques representatives of the Federation prohibiting six dealers in the Unit concerns.
tion. Legislature Blamed.
According of Master Cotton Spinners Asso-ed States of Philippine woods from
to American ciations and the Cotton Yarn Asso- using the term "Philippine Maho-
The consensus as gathered by Mr. papers General Wood told the press ciation have reached an agreement gany will be taken immediately to Muzzell's interviews with promin. that the Philippines undoubtedly water and change of current, the in regard to the curtailment of pro- the Circuit Court of Appeals by the eat rubber men, seems to be that offered the best advantages for ex- two phenomena being quite duction and minimum prices. The Philippine Mahogany Association. the Philippine Legislature is the pansion in rubber production. He distinct. decision is to be communicated to The action of the Philippine principal detriment to the econo furnish all the raw material requir
Sapt. 28 to Oct. 4, 1927. the executives of the respective or- Mahogany Association was anmic expansion of the Philippines. ganisations, who will mest on Fri-nounced following the release by the Quoting extracts from statements ad by the entire rubber industry in DATE HIGH WATER LONER WAT day to discuss other urgent pro- Federal Trade Commission of de- made at conferences or views, stat- America. To this end, according
Standard blems concerning the industry-tails of its prohibitative order. It ed in personal letters to him, Mr. to Mr. Muzzall, the chief executive
Bt Times Reuter.
was revealed that the decision in Muzzall brought out the apparent of the Islanda advocated that the the case was a very close one; the willingness of the American capital, present law be amended so that cor- Wed. 38; m 10 ̊46 16,4 m. 4 25 2.8
porations might develop arons ne large as 50,000 acres.
SUGAR INDUSTRY.
PRAISE FOR EX-GOVERNOR
HARRISON.
"The administration of Governor General Harrison is the only ad- ministration that can show to the world that it established in the Philippines an industry that consti- tutes a great factor in the econo- mic development of the islands, and that industry is the sugar industry," declared Senate President Quezon in. a speech at the luncheon given by him and Speaker Roxas to sugar men at the Philippine Columbian Club, Manila, on September 16.
Land Laws Hurt.
vote being 3 to 2. Trade Commis-ists to invest In local plantations.
"The best thing the Filipino aloners Humphry and McCullough dissented from the majority people can do is to insure the in- opinion. Commissioner Humphry terest of American capital in order In dissenting, said in part::
to arrive at economic independence which must be attained before the "The milk in the coconut' in this political," wrote one official. controversy is that Philippine ma hogany, being a` product of one of the insular possessions, is admitted "At present, the Philippine land into this country (the United laws are proving a big handicap to States) free of duty, and this fact, concerns interested in Industrial ex- together with the fact that it grows in considerable bodlea instead of single trees, as other mahoganles, enables it to sold in the United States at a lower price than the other mahoganies, and its qualities! are so appealing that it is becoming, a serious competitor of the Maho- gany Association.
bolleved that the Islands could
Pept.
*ts dard Times
Bt.
10 39.8 4 40 9,7 Thurs 29 m 11 12 6.0 m 5.6
10 05 0.0
5. 42L Fri. 80 m 11 $5.5 m 5439.6
EVERYBODY USES IT. berlain's Cough Remedy; overy user
That's our great thing about Cham-Bat
is a friend, and is glad to tell her Ban. neighbour all about it. It is certainly
and
1
I't 1846, 5 22 3.6 09.06.249.6
10 42 6.7 89
2
2 57 4.5.10 7 10 9.0
648 4.1
No fetor Bw. Nafsfarior LW
Treat for coughs and colds, for croup Mon. 3 m. 0.31 6.7 m°8 48.3.0 the young or the elderly people. Sold Thes
any kind of cough that hits either and recommended everywh
HONG KONG MARKET
"One of the finest woods in the world that furnishes, perhaps, more of the timbers used in construction; Some Comparisons.
to-day than any other, is the Reverting to old-time form, Mr. Douglas fir of the Pacific North- Beef Sirloin Quezon.lauded the Harrison admin- west. It is known by this name istration to the skies, emphasising throughout the world and by this that it was the only government that name its qualities are well under- really started the Filipino people stood. Botanically this wood that toward economic progress. While enters so largely into the commer admitting that Harrison had his cial life of a nation is a false hem- faults, still as compared with other lock. There is a widespread pre- chief executives, he said, his judice against hemlock because of above the qualities of that wood in the achievements will stand
, Sausages theirs. The mere fact that Gov- east. For the lumber producers of
General Taft established the northweat to be compelled to Bullock's Brains ernor peace and order in the Philippines, mark their product under its botan- and that Governor General Forbes ical name-false hemlock-would constructed good roads will not dim be to work incalculable injury to Governor General Harrison's re- the industry.” cord, he said,
ing, in his opinion, that to call Philippine mahogany by its botani
*
APPROXIMATE RETAIL
Butcher Meat.
牛肉
40
Ib. 24 18 14
4 m +140.7m 10' 34 1.8 No interer HWNo interior w
PRODUCE.
PRICES.
Poultry.
Capons, Small
Capons, Large
Doves
Eggs, Hon (cooking)..
Egga, Hen (fresh)
Pigeons, Canton
Hofhow
本地口
Turkeys, Cock
16 10 12
22
⚫ib. 24 18 14 07
Turkeys, Hen
Salpe ... Pheasant
#
28 20
Sept. 28, Juno, June,
1927. 1018. 1914.
Ct. Ote. Ote.
牛尾款
1b.
23 24 12
Chicken
"Prime Cut
28
23 12
n
Corned
to
28 12
2
Ronst
•
28 24
92
Breast
Dack
24 20 18.
1. Soup
20 20
18
#
Steak
28
Н
24 22
Steak Sirloin
}
80 85
Fowls, Canton
"
40
26 20
Fowls, Kaluan
per set 15-
10
12
Tongue, fresh..
Geers
each 55
60 60
Tongue, corned
60
Head.
$1.20
---$1.20
Heart
"
Hump, Bait
17
Feet
each
84 20
8 10 13
18
Kidnay
Tall
re
Liver
"
Trips
7
Calve' Head & Foot... Mutton Chop
met $1.20 $1.00 $1,00
Ib 48
26
48 28
24
.40.
24
46
Almonds
..85
"
1
Feet
Per set
18
15
"Fry
28
16 18
*
Hend Heart
16 20
Lemons, China
each 18
107 10
21
Kidneys
15
10
8
Liver
52
80
24
豬?
Oranges (Canton)
96
25
28
Oranges
96
40 60 70
Fears (Canton)
Peanuts
Fat or Lard
24 21
#
Head & Feet.. * Heart... Kidneys
per set 85
80.70
each
Liver
Leg Ehotlder Saddis
Pig's Chitlings
Brains
Commissioner Humphry continu. In response to a sugar planter who pleaded for the retention of the ed by comparing the Douglas fir bank centrals, Mr. Quezon declared with Philippine mahogany; show that his voice in this respect would be but a voice in the desert, he be- ing no longer a member of the cal name would be as unfair as it board of control of the government would be so to name the Douglas owned companies. However, he fr. said, the legislature will do all it That the case is being referred to can for the bank centrale and for the Circuit Court of Appeals has re | the sugar planters in matters vived hopes locally. No one can tell
within its power.
what the result of the appeal will Speaker Roxas addressed the be, but even if the decision of the sugar men, declaring that the legis Commission is sustained, it is be lature has always extended support lieved that the trade in Philippine to the sugar industry. Suggestions woods in the United States will not from the planters and central offi- be injured to any great extent. It cials will be welcomed by the legis- is believed, however, that some in lature, he said. with a view to bet conveniences will be experienced at tering the industry through legia the beginning inasmuch as most of
these woods have been known inn that market for a long time as Pork Chop Philippine mahogany. But be-
M Log cause of their superior qualities, the
" Lola people will continue buying them no matter by name they are called. Sheep's
Manuel S. Rustla of the Philip pine government commercial agency - in New York has been instructed by)
lation.
AMBITIOUS DEAL.
AN INITIAL PAYMENT OF P1,200,000,
the bureau of commerce and indus-
It is evident that the Philippine
try to make regular reports on the Sucking Pigs, to order. N The Pampanga Sugar Develop proceedings of the case in the Cir Set, Beef viewing ment company, which recently cuit Court of Appeals, in view of squared all obligations to the the great interest manifested local- Vaal Philippine National bank, plans ly. either to purchase the Binalbagan Sugar central or establish an agri- Mahogany Association will fight the cultural bank in Pampanga, it was learned from some of its stockhold case to a finish in view of the dim- ers on September 16, says the culty and expense of popularising "Manila Times." This makes three Philippine mahogany by another Barbel groups known to be interested in Trade Commission is sustained.
name if the order of the Federal Binalbagan.
ww
The board of directora of the Pampanga firm will meet shortly to
decide what step to take. If the
Bream
Canton Fresh
Water Fish:
Garp
Catfiab
#RKETEBEE÷BOKEKEH#ROBERSEKO
ེམཛྲ ༤སྨིཾ་ རབ་ རུ་ས་
BE SEKEC TESTAREN
⚫ Sept. 29, Jime, June,
1927. 1918, 1916
Cla. Cts. Ct.
1b
30
31
2880
5028
30
4522 21
cách
22 21
per doz. 30. 18
2.
Ib.
111sestaas! As6S
-
86
.24
៩ន៩៧៩ | នង៖ } 1 | | | ឥ |.
888888 | 2 ||
·
白酒
each 5680
灣口餅
鸭學
ib.
in each
pair
each
Quail Partridges
Fruits.
+ lb. 50 35
衡山非法兰
30
-24
6 38
15121
10 10
B. 15.
金山排
ench 8
荔枝子1b.
40 25
·新會甜糧
Apples (California)
Bananas (bride's)
Carambola
Coconuts
Lemons (America)
Lichens, Dried ..
13 8 7
Parimmons, Large
·Plantain
Pumolo, Stam
Walnuts
Grapes
16 12 10
46
23 26
Ib.
20 25 22
80 20 18
40:20 26
.86 20 -10
40
· 20
20
19
Matton
F
Sausager
No. 1.7
Fish.
84
19 24
+36
16
28
40
1627
12
-9
42. 20 25
35. 23 28
23
18. 2.
18
109.
Carrota
10. 8
18
10/18
2080
$60,000,000.00 purchase of the Binalbagan central
18,278,800.00 is decided, a first payment of FORESTRY CHARGES. Codfish
9,629,425.24 P1,200,000 will be offered, it is un-
derstood.
HEAD OFFICE:" PEKING."
HONG KONG BRANCH:
De Leon in Favour. - Don Jose de Leon, general man- Branches and Sub-branches all over ager and owner of the biggest stock
Ltd.
4, Queen's Road Central
LUMBER MEN FILE A PROTEST.
Crabs
Cattle Fish
Red Yello
Dab Dace Dog Fish Eels, Conger THE YOKOHAMA SPECIE BANK, China and Correspondents in Europe, in the Pampanga Sugar Develop Philippine lumber men can afford America, and other parts of the worllment company, is said to be strong to pay increased forestry charges, London Bankers: The National Pro- for the acquisition of another cen- declared Arthur F. Fischer, direc vincial and Union Bank of England, tral. The recent success of his tor of forestry, when asked what Frogs
company according to persons in he thought of the opposition of Garoupa The Guaranty Trust Company of close touch with the situation in lumber, men to his proposal Gudgeon Pampanga, prompts the stock of increasing by 60 per cent. the Herrings holders to invest their accumulated profits in another sugar venture present rate of Government Halibut It was also learned from reliable charges on timber cat from public Labrus individuals that Catalino Lavadia, forests. The Government has been former director of the Philippine liberal in not increasing its cost Lobster National bank, who represents a price of logs since 1904, Mr. Fischer Mackerel Every description of Banking Busi- group of Filipino capitalists, has sald The proposed Increase will | Monk, Fish nesa, transacted, and supplemented his original offer by only mean an increase of about
Loans granted on approved securities, fixing the amount he is ready to P.00 In the price of logo & thou: Mallet Special facilities for Home Exchange, pay on the spot, and specifying the sand board feet, or about P1.80 for
terma under which instalments will every thousand cubic meters, it waN Parrot Fi be remitted. When asked to con- explained.
Head Oflens YOKOHAMA,
Branches and Agencies at: Alexandria, Batavia. Bombay.
Buenos-Ayres,'
Calentia Canton
Newchwang. New York
Danka.
Peking. Rangoon Rio de Janeiro: Saigon. Dairon (Dainy}. San Francisco, Pengtien (Mukden). Seattle..
Changchun.
Hamburg.
Hankow.
Harbin
Hong
Karachi.
Kobe
London Los Angeles
Nagasaki,
Semarang.
Shanghai Shimono ki Singapore. Soorabaya. Bydney,
vinanfu:
Vladivostol
Interest slowed on: Deposits received for
ratis to be ob
New York.
Fork Bankers: The Irving
·New..... National Bank.
The Equitable Trust Company of New York,
Interest allowed on Current Accounts and Fixed Deposits. Terms on applica tion, w
BHOU J, CHEN,
Manager.
THE BANK OF CANTON, LTD.
Established 1012.) Head Office:... Hong Kong.
Authorised Uuoliai(1.K, Garrency Fald Up Captai Reserve Fanak
LONDON BANKERS);
Accounts, 493 Wormlich-duob perióda at
800000
ters
firm this report, however, Mr.If other industries can afford to Lavadia merely limited himself to pay Increased Government taxes the statement that there is no there is no reason why the lumber change in the situation.
P
Perch
a
Industry, in iita présent state, can-
Char
Real Money: Interested. According to
Yulos and the Ecl the capitalists Lavadia,, MED KAN ther confirm nor den It was reported Compania General Filipinas, owners, of central" is hiso inte
albagen
not do the same, Mr. Fischer, said. During the last ten years, he point ed out, lumber companies in the
are among Islands have more than doubled or tripled their capital investments, and a little increase, in for res will surely not be
thêm
PIEKERKE JES, UN FEE GAAT HE BE AS AN ---- AGE SLI 尾肚 水
282 289289ENANTS
སྣ ང སྐ བ ན རྣལ་མཇཇང་ཇོ་བ ོན་བ
Beach 12
སྶ་སབྷཾ གསུ|| |。 མྱུཆས ||
20
15.12
each 16
12
15.1/5451% • • * | | | | .
Vegetables, &c.
21 each 12
Ib.
15
16
each
88
Ib.
Artichokes
Beans, Sprout
Long Best Boot
Bitter Squash Briofals, Green
Red...
Cabbage, Chinese
(Shanghai)
Cane Shoots, bunch Cauliflower (Large)
(Médition) (Small)
Celery, Chinera Chillies, Dried
Groep
"Carry Stuff, English
Cucumbers
Garlic
Ginger, Young
Hor
Indian
Water:
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