1927-10-01 — Page 2

BANKING CORPORATION:

· MONG KONG, AND SHANGHAI

$60,006,000 $20,000,000

Axibodood CapÍTAL.

„Kamad and Pally Paid-up

Sterling ramma£8,500,000

#13,206,doa

Ramera Liability of ProprietoTE ., . $90,000,000

HEAD OFFICE: HONGKONG.

COUNT. OF DIRECTORS;—

Boo, Mr. D. G. AL. Bernard,

Chairman,

行限商工法中

BANQUE FRANCO-CHINOISE

pour le

Commerce et L'Industrie (locorporated in France).

5, Chater Road, Victoria, Hong Kong.

HEAD OFFICE: 74, Rue St. Lazato, Paris

Capital fully paid up ....Frs.40,000,000 Special working capital..Frs.50,000,000 Reserves

-Fri.18,276,000

A.É. Compton, Esq. Deputy Chalreisn.

W. M. Boll, Ka

W. 1. Pattenden, Regi

N, E. Brown Xoy.

T. 0. Weali, Koa.

15, P. White, Esq.

Parin

Saigon Poking

A. Margowan, Eng.

G. G. 8. Stackin, KaL

Untel Manager.

Hon. Alt À. C. lignes.

BRANSTO

AMUT. BANGKOK BATAVIA BOMBAY CALOUTTS CANTON

UNIPDO

**GLOMBO

DAIREN WOOKNOW

HAIPHONO

LAMBURG

ΠΑΝΤΟΥ,

DAUBIN

HONOKEW

180110

SPOM

JOHOR

KUAZA

LUMPUR

LONDON LYONS MALACCA MANILA MOURDEN NAGASAKE NEW YORK

PKKING

PENANG

BANUDON BAIGON

HAN FRANCISCO

SHANGHAI

BINGAPORE

SOUNABATA

BUNGHI PATANI

TIENTUS

TOKYO

TSINGTAO

VOKOXLAMA

Derrast coonuta opened in Local Currency and a Deposita received for one year or aborter paroda in Local Durrancy and Sterling en teraz which will bequoled on application,

Hong Kong, 13th September, 1937.

HONGKONG SAVINGS BANK,

The Business of the abore Bank is com dacted by the HONⱭKONG AND BUANGHAL BANKING. CORPORATION. Kaims may be obtained on application,

FOR THE HONGKONO ★ SHANGHAI BANKING CORPORATION,

A. C. Byne,

Chief Manager

Monchung, 19th September, 17,

BANQUE DE L'INDO-CHINE,

HEAD OFFICE:

06, Boulevard Haussman, Paris.

Subscribed Capital... Frs.72,000,000.00 Paid-Up Capital ....Frs.68,400,000.00 Reserve Fund

Frs.89,384,619.10

BRANCHES:

Bangkok Hanoi

Pondicherry

· Cantho

Canton

Battambang Hong Kong Saigon

Djibouti

Mengtzo

Shanghai

Nam-Dinh Singapore Noumea Tientaln Fort-Bayard Papeete Tourane Haiphong Peking Yunnanfu Hankow Pnom Penh

BANKERS:

IN FRANCE: Comptoir National d'Escompte do Paris; Credit Lyonnais; Banque de Paris et des Pays-Bas; Credit Industriel at Commercial; Societe

Generale.

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

DRANCHES:

Lyons Marseilles

Haiphong Hanoi

Shanghai Tientsin Hongkong Paon Ponh

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.

Cox-

Every description of Banking and Exchange Business Transacted. respondents throughout the world.

A. KOLLIN,

Manager. Hong Kong, 21st April, 1927.

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

Incorporated by Royal Chater, 1858. HEAD OFFICE: LONDON,, Pald-up Capital ....... Reserve Fund Reserve Llability of Proprie-

tors

£9,000,000 .24,000,000

.£3,000,000

Agencies and Branches:

ALOH STAR

(Mainy diales)

AMRITHÁN

BANGKOX

BATAVIA BOMBAY CALCUTTA

DANION OAWNPORK

COLUMBO

DELUI ΠΑΙΡΗΟΝΟ HAMBURO

HANKOW LONG KONG ILOILO

ХРОН

KAILAOU!

KLANU

KOBE

KUALA KANGĦAR

Irak, (N.M.H.)

KUULING

MADRAS

MANILA

MEDAS NEW YORK. PEKING PENANG FESHAWAR PUKET BANDUON

BAIDON BEMARANG SEREMBAN SHANOHA1 BINGAPORE BOURABAYA TAIPING

(1.3.8.) TAVOY TIENTUIN

TOKYO

THINGTAO

УОКОНАМА

ZAMBUANGA

(Philippine Intanda)

LOCAL SHARES.

FLUCTUATIONS DURING THE

WEEK.

MARKET RATHER QUIET,

Messrs. Moxon & Taylor, share and general brokers, In their weekly report dated September 30,

stato:--

نور

We experienced a rather quiet market during the week under re- view with but little change in prices though the demand for sound Investment stocks, especially Banks, continued unabated.

THE CHINA MAIL,

COMMERCE

AND

FINANCE.

|Britain; as well as the outlying por- tions of the Empire, can become extrémely prosperous.

SATURDA

that business at present is all for

OCTOBER 1, 1927.

HONG KONG TIDS.

We could do a great deal by bet ter organisation of industry and with tie drs no á remuneration, co-operative marketing, but there is. Onore from abroad are advancinga The tide table given below has no saving that can outset such vast little bit are still out of reach of | bet Pobtained by aid of the Tide: differences in the payment for the mat zealous of makery, being predicts Machine, which inci work done in Europe. Asis and more on the basis of prices ralings eludes 30 components for the bet South America, as compared with a week ago, with the result that terdiction of tides, from the the Dominions. If we are to deve only those clothe which are gently reaular, the analysis of the tida lop the British Estate, therefore, we required are being bought. These observation taken at the must in some way ensure a pro- necessities are mostly of the biter fitable market for our own pro class, mulls, dhootles and facchetti di ton of Dr. Doberck dür. Kaulun tidal observatory under ducers.

tos, the heavier fabrics being totally neglected."

ing the year 387, 1888, & 1889.

PIECEGOODS.

MANCHESTER MÄRKET REPORT.

Manchester, report on August 31;

James F. Hutton & Co., Ltd.,

Ft.

Cotobar

100% 6.7

1

5 30 5.8 1517-18 2.9€

BAB | 4.1

167 m 8.483.0.

No labele

Calcutta in the most active of the The times aid heights are given The other cause of the growth of

Indian cutlets, offers being more in fori Kaulungbut they may be this Imperial consciousness is un-

accordance with prices ruling but used for thaetoria Naval yard doubtedly due to the work of the

mail advices from Bombay and and Aberded the differences Empire Marketing Board, so ably

Madras confirm the opinion here, being very small: conducted by the Secretary of

namely that merchants there have The times of high-and low-. State for the Dominions and

no faith whatever in the present water must not be considered to Colonies, Mr. Amery, and to the

level of values. Bid from theat propaganda carried out by Empire

markets chief for airtings, areoincide with the times of slack. associations in the direction of Em- pire shopping weeks, in connection

for too low to be considered, and water and change of current, the with which the British Empira Pro

when to-day's price is cabled, wo phenomena being quite ducers' Organisation has always

nothing more is heard distinct." taken a leading part. But a great the price of raw material over the Improvement

The further heavy, advance in The position in Chinthews no

October 1 to. 7, 1927. and deal more has to be done in the week-end has put an effective check diffult as ever.

rejimingas

HIGH WATER Loyan Warna way of educating the people of all on business, and those negotiations Egypt has bought some small lots Shanghai market is quiet.

parts of the Empire. to enable which were left over on Saturday of shirtings, whilst South America

Standard

dard The following are the principal full policy of preference to be have had to be referred back for cannot be said to be inactive, offers altérations since last week,

adopted.

reconsideration. The American for finishing styles and miscelat Banks: Continued firm and a One of the main services of en-market is literally "running wild,laneous fabrics being under con considerable number of shares couragement to the Empire move for weather reports shew excessive aidaration. changed hands at $1,145/1,150;ment in Britain is the frequent pre-moisture in practically the whole of The Home trade, while not they close with buyers at the latter sence here of prominent Overseas the cotton belt, with the exception brisk, is finding a steady demand price,

Empire Statesmen and Producers of Texas, where it in most needed for the finer gooder but the heavier Unions: Are quiet at quotations. The recent, visits of Mr. Pratten, Added to this the Boll Weevil con- les have completely fallen offe Star Ferries: Have buyers at Commonwealth of Australia Minis-tinues its activity and crop reports In consequence of the heavy rise in $54.

ter for Trade and Commerce, and from all parts indicate a yield of American future, Varna, are being Dougiases-After sales at $34 Mr. James Malcolm who holds simi- 13,000,000 bales. Thus, with cot-quoted 14...perylb, dearer than on are all wasted at $33 and rather lar office for the Dominion of ton prices advancing in big strides, Friday, and Spinners in both the more would probably be paid to ob- Canada may be instanced as having manufacturers are kept busy ravist American, and Egyption-sectiona tain shares.

materially strengthened the bonds ing their quotations and complain are adopting a armattug of the Empire; and in the former ex-case of having cleared up many misunderstandings in regard to Australian Tariff Policy. Buy Imperially to Sell Imperially.

We continue to buy from Euro- pean, Asiatic and South American countries enormous quantities of goods that should be produced in the Empire by our own people. The political opponents of prefer: ence have in the past argued that it was necessary that Great Britain should buy from those countries in order to be able to sell to them, but to-day those countries sell to us and do not buy.

Steamboats-Are unchanged. "Hong Kong Tugs-Have perfenced a further rise, sales having been effected at $1.35/1.55, they close with buyers at $1.40.

Hong Kong Landa:-Came to business at $86%1⁄2 and $57, and closed with sellers at $57.

Humphreys Estates:-Were done at $124.

Princes Building:-Have risen to a buying rate of $101, but so far without attracting sellors.

Hong Kong Trams:-Sales took place from $20.20 to $20 and more shares would probably find buyers at the latter price.

China Lights:-Are quiet at quo- tations.

Electrics: Came in for rather more attention and sales took place $51/52%, they close with buyers at $512.

Foreign Exchange and General Bank-at ing business transacted.

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

J. R. GEORGE,

Manager. Hong Kong, 7th March, 1927,

THE BANK OF TAIWAN, LTD.

* (TAIWAN GINKO). HEAD OFFICE-Taipeh, Formosa.

Incorporated by Special Imperial Charter, 1899.

Central Bank in Formosa.

IN NEW YORK: J. P. Morgan & Co; French American Banking Cor-Bank-Notes issued.

poration; Guaranty Trust Co. of New. Average amount” .. Yen 45,000,000 York.

www

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, 28th February, 1927.

NEDERLANDSCHE HANDEL MAATSCHAPPIJ.

(NETHERLANDS TRADING SOCIETY)

{

BANKERS

Established EN.

Begg Kong Offee 3-11 Queen's Road Central

Basthorised Capital .......................... Guilders 130,000,000 -

Pall-Up Capital

(500,000)

Bilder 80,000,000

(£1,000,670)

Bessere Fand Quilders 40,000,000

(£8.393,351.)

Hand Ghibe!--AMSTERDAM”), Heater Head Ofo@:-BATAVIA.

BRANCHES —— Bandformasla, Bandoung"), Bom

bay, Calott Cheribond daz, Djember, Djokjakarta) The Hague, Kobe, Kola-Badja,

Kadan, Padang

Falembang, Pokalongan, Peuang,

BRANCHES AND AGENCIES: JAPAN:Tokyo, Yokohama, Kobe,

Osaka

Take the figures of two of the largest of our foreign suppliers- the United States and Germany, Last year the United States sold to us £229,000,000 of gbods and bought from us under £48,000,000: meet while Germany sold to us £72,700,- with a steady demand and after 000 and bought from uв £26,300,000, changing hands at $1151⁄2 close

Denmark a formidable competi with buyers at this price.

tor with Empire producera in the Home market sold to us in the same year £48,000,000 and bought from

Wharves:-Continued

to

London Quotations of the 28th inst.:-Banks £122; Indos Deferred

4.17.6; Shells £4.8.9 all middleus 28,000,000. prices.

Exchange:-The demand selling rate on London is 1/11 11/16; and the T/T. on Shanghal is Tis. 78%

Next Settlement Day is Tuesday, October 25, 1927.

EMPIRE PRODUCERS.

ANNUAL MEETING IN.

LONDON.

How many additional Britishers; could have been, employed in the Empire and how much more pros perous we should have been if the purchases we made from those for eign countries had been made in the Empire.

"Production" More Important Than "Track"

No inferior

અન

m 143

14

HONG KONG MARKET PRODUCE.

Boef Sirloin

APPROXIMATE RETAIL PRICES.

Butcher Meat.

Sept. 23, June, June,

1927. 1918. 1914.

Gta. Co. CPR.

牛路

fb.

29 24 13,

Chicken

#1

Prime Cut

28 29

19

Corned

Roast

Breast

2

Soup

Steak

Steak Sirloin -Sausages

Bullock's Brains .....

14

41

23 12

28 .24 22

Capons, Small:

Capons, Large

41

1.8

Poul

123, June, June, 1027: 1918, 1914.

Cta Cta.

60

60 28

Duck.

34 20 18

14

Doves

20

20

18

Eggs, Hen (cooking).

28 24 22

Eggs, Hem

40 80 25

#

Fowls,

40 20 21

#

Fowls Ha

per est 15

10

12

Tongue, fresh.. Tongus, corned Head

Bach 05

50

60

#0

$1.20

-$1,20

Heart

Ib. 24

19 14

Kamp, Salt

34 20 18

Fast

Bach 8 10. 12

Kidneys Tall

Turkeys, Turkeys, Snipe Pheasan

16 10. 12

28

202-82

Liver

24

1814

Tripe Calves' Head & Fe Mutton Chop

*

7

1.20 $1,50 $1.09.

26

Log

26

Shot ider

24

Saddle

46.

Chitlings.

25

#

Brains

Par set 3

12

-Fort

lb. 18 15

"

Fry

28 15 18

Hord

tj

"

16 20

J

Heart

♫

Kidneys

each 15 10 ·10.

ド

Liver

19

I would like to take this oppor tunity to focus public attention to which I have just referred. It is Pig's

44

The 11th Annual General Meet-to place too great a value on "trade" 18 compared with "production." FORMOSA:-Giran, Kagi, Karenko, ing of the British Empire Pro-

Keelung, Makong Nanto, Shin- ducers Organisation. was held at Unfortunately for us, our fiscal chiku, Taichu, Tainan, Takao, the Offices of the Organisation, S, system hus always tended to en- Tamsul Toen, Heito, Taito.

old Queen Street, Westminster.courage trade at the expense of pro- CHINA: Shanghai, Hankow, Amoy, The Chairman of Council, Mr. Ben duction. Production--not trade-

Foochow, Swatow, Canton,

is the basis of all prosperity. To OTHERS Hong

H. Morgan, presided. Kong, Singapore, Soerabaya, Semarang, Batavia, In his speech p.esenting the re-ake two plants grow where one

before--to convert into Pork Chop Bombay, Calcutta, London, New port and Accounts, Mr. Bon. H. grew York, Dairen.

Morgen said:-From the point of articles of current value raw LONDON BANKERS:

view of Empire development the materials useless in their natural The London County Westminster and past year has been a notable one tions of industry which increase the conditions-these are the opera- Parr's Bank.

in many respects. Probably the

charle, Teingtao, Japan, Indo-Calas, Siata, India

#

Leg

2

Loin

Fat or Lard

#

Sheep's Head & Fost..

Heart ....

Kidneys Liver

The Beak has Correspondents in the Commercial outstanding fact has been the wealth of a nation, and the great Centres in the European Continent, Bain Man-growth of an Empire consciousness care of the nations of the Empire Philippine Tiands, Java, Afries, U.H.A., Australia, the realisation by the Mother should be to see that "production" Interset allowed on Current Accounts, and Country of the absolute necessity, in its various forms should alwayS Fixed Deporte at rates which will be quoted en for its future industrial existence, be made profitable. This should be Sucking Pigs, to order,

to cultivate Empire markets and to the first and basic consideration of Suet, Beef encourage and safeguard Empire supplies of foodstuffs and raw

application, Deposits in Yen can be accepted

J. THARA,

Manager.

HONG KONG BRANCH:

3, Des Voeux Road Central Hong Kong, 22nd September, 1927.

THE BANK OF CHINA.

行銀國中

Pontiana Bargoon, Botterdam) (Specially Authorised by Presidential

Bamacang), Bhoughal, Sibolga

1Sumates) Boerabaix, Bour

karta (Solo), Tugni, Tillkijap and Waltseradao. 3

+

Barbara afless bays safe deposit boxes ta let,

Mandate of the Republic of China',

on the 22nd of November, 1917).

all economic policy.

Useless Trade Intermediaries.

materials; and in the Overseas Em- ] The shipper, banker, broker,

is

merchant, commission agent, stronger than ever that their pros after the producer has been only be considered perity is bound up with an increas

pire itself the conviction should

#

Mutton

Veal

Sausages

No. 1..

ing security of market in the assured of a profitable return Mother Country. This crystallisa- for his work and capital. And yet Barbel tion of Empire inter-dependence is what do we see. In the case of greatn

most food commodities sold in due mainly to two factors.

The rat is undoubtedly that of Great Britain to-day the price re- the increasing extent to which forceived by the producer in the eign nations have become self-sup Dominions and Colonies, as well as Carp

Canton Fresh

Water Fish.

Loadce Bankers-National Provincial Bank Ltd. Authorised Capital.....$60,000,000.00 porting in their, industrial require in the Mother Country, bears no Catfish

Correspondente až over the world

18,278,600.00

0,620,425.24 monts, and in their capacity to pro-, relation whatover to the price paid Codfab

duce essential foodstuffs. The re- by the consumer. It would be easy Crabe

Paid-up Capital

Banking bisliosa of every

Reserve Fund ...

descriptiop tensacini,"

0. STEENSTRA

HEAD OFFICE: PEKING.

Малакет

Bourkong. 20th July, 1947.

HONG KONG BRANCH: 4. Queen's Road Central

Fresh Water

sult of this change, brought about to give a list of examples where the Cattle Fish by the War and now fairly well producer obtains less than one-ab catablished, is that Great Britain, teath of what the consumer paye: Dace can no longer rely on foreign mar- Here is a state of things that should Branches and Bub-branches all over kets for the expansion of her in receive the urgent attention of the Dog Fish

Empire, Zelt, Conger YOKOHAMA SPECIÉ BANK, China and Correspondents in Europe, dustries, and on the other hand the Governments of the

America, and other parts of the world. Dominions and Colonies, except for While recognising that the mer Yellow

London Bankers: The National Pro- certain tropical products like rub-chant and broker plays a necessary vincial, and Union Bank of England, ber, can only find an outlet for the part in the work of distribution, Frogs Ltd,

The Guaranty Trust Company of bulk of their goods in Great Bri-production cannot thrive as it Garoupa New York.

A should when products are made the Gudgeon. New York Bankers:-The Irving Export is a vital necessity to all subject of wholesale speculation Herrings National Bank,

parts of the Empire. By breaking and manipulation by middlemen albut The Equitable Trust Company, of down the barriers to inter-Empire who play no really useful part in New York.

Interest allowed on Current Accounts trade and encouraging production the machinery of transport and and Fixed Deposits. Terms on applics and commerce by preferential ar distribution, t tion,

rangements of all kinds, Great Problem of Varying Standards

LIMITED.

Established 1880.

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

Yen 90,500,000)

Head Office:--YOKOHAMA

Branches and Agencios at: Newchwang

Alexandria.

Batavia

Bombay.

Calcutta

- Buenos tyres.

Canton

Chad

New York.

Osaka. Peking Rangoon,

Rio de Janeiro.

Salgon

Dairan (Delay) Fänztien (Mukden). Boattle.

•Hamburg,

Bankow:

Harbin,

Hong Kong.

Francisco.

Semarang... Shanghaf Shimonovald.

Singapore. Bourabaya Sydney Tlaatsin Tokyo, C Tainanfo.

allowed on Curri tidimeceived for fixed

"bar obtained on.

Hong Kong, 12th September

Every description, of Banking Busi- ness transacted. W

tain.

Loans granted on approved securities, THE MERCANTILE BANK OF Special facilities for Home Exchange.

SHOU J. CHEN,

Manager.

THE BANK OF CANTON,

Established 1012"

Head Office-Hong Kong,

· Antharland Capital (H.K. Oerrancy)... 11,000,000,

●Pad Un Canikal

LONDON'HANKKE N

POND ENTRA

INDIA, LTD.

of Living

Labrus

Loach Lobsters Mackeral

One other word in this matter Monk Fish of Empire economic policy. Em- Mullet.... pira Producers, in the spirit of the Oysters age, are striving to maintain and Parrot Fish improve the standard of living of Ferch indust lat, workers. But their Pike efforts are more often than not Falce rande difutile by the polley of the varlo Governments of the Empire Fomtre

Pomfret inal owing prices of their

Prawns com edities to be depressed by food made in countries with lower Bay stanards of living Foodstuffs Rock Fish ard produced in European countries Ros lagspore whe

the wages of a man and his

1,800,000

HEAD OFFICE; 31,Gracechuruk Street, London, M©%{}; Authorised Capitali,28,000,000 Subscribed Capital Paid-up-Capit610107771,050,000 Reserve Fund and rest/1711,645,667. STAL BANKERS AN

The Bank of my hand as Willand Bank, LIA,

Bangkok: Dallas at Kuala Lumpur 27 Kangas

tors Hongkakanta Paling

Bow bay lowest Madran Ma

sa

Lola Bhars Fort Londa (Manziana) perjury wife ad family working from sun-

RAPSEONGKONG BILA NOIT.)

1. Mvory downstydas of skakag and kno

rise

bala Wagy

CENFEEST Mãowed on Current Accounts it's par

COOL, permum-owŸ“Delly Balanos

do not equal the

in Austrália,

SREBRE E

15 10 8

52 86. 24

86- 26 28

40 60 70

Carambola Copomaute

emons (America

thees, Dried

Oranges (Canton)

Oranges

Fears (Canton)

Peanuta Persimmons,

38

"

የ . 24

21

par set 85

60 TO

each

12 8

垢

16

12 10

15:

20 25

職

*****

乌肚 水 VER-FERREDO KRENESS OR NOT FOR ALLIE SIN DIE DIE

16 26 25

80 20

46

28

86. 20

40 20

32

40

36 128

42 20

26

23

28 16

52, 28

10.

32

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