1927-10-06 — Page 2

HONG KONG AND SHANGHAI

⠀ BANKING CORPORATION.

►

„Authorinadi Qapital,

Loved and Pully Paid-up

Kaverys Tandaan

$40,000,000 $20,000,000

1,000,000

Sterling a pumunta Elmer.................. $15,106,000

Baserre Liablilty of Proprietors... $10,000,000

HEAD OFFION: HONGKONG."

OGGET OF DIRECTORS — Hon. Mr. D. Q. M. Bernard,

Chairman,

Au The Compton, Kag, Deputy Chairman.

W. El. Bell, Ra..

X, B. Brown Exq,

A. Kincgowan, Big,

0.0. B. Mackle, Reg.

AMUY

BANGWOR

DITAYLA

W.X. Palienden, Bay.

T. (1. Waal), Esq,

II. P. White, Esq.

Clef Managi

llen, Mr. A. G. Hynow.

BOKHAY CALOUTES DANTON

ONE200

COLOMBO

DAIREN

TODOBOW

QAIPHONG

GAMBYRO

HANKOW

HARMIN⚫

HONGKEW

HOLLO

пол

JOHOR

KOBE

XUALA

LUMPUA

BEANCHES:-

LONDON

LYONS MALAGOA MANILA MOCEDEN NAGASAKI NEW YORK

PEKING

PENANG RANGGON

BAJOON

SAN FRANCISUU

BHANGHAI

BINGAPORE

SOULADATA

BUNGHI PATANI TIENTSIN

TOKYO

THINⱭTAO

YOKOHAMA

Current Accounts opened is Local Currency and Fixed Deporte received for one four of abutter periods is Econ Camooy and Sterling , ata kurami which will be quoted on appilestias,

Hong Kong, 15th September, 1887.

HONGKONG SAVINGS BANK,

The Business of the above Bant i cou daated by th■ HONGKONG AND BUANGHAI BANKING CORPORATION. Balas may-ba obtained on application.

WON THE HONGKONG & SHANGHAL BANKING GORPORATION,

A. U, Hyde, Chial Manager

Hongkong. Fath iseptember, 1917.

BANQUE DE L'INDO-CHINE.

HEAD OFFICE:

06, Boulevard Haussman, Paris,

Subscribed Capital...Fra.72,000,000.00

Paid-Up Capital

.....Fr.65,400,000.00

Reserve Fund ......FT.89,384,619.10

BRANCHES:

-Bungkok Hanoi

Pondicherry

Battambang Ilong Kong Saigon

Gantito

Canton

Dijbeuti

Bengtze Shanghai

Nari-binh Singapore

Noumea Tientsin

Fart-Bayard Papeete

fourane Haiphong Peking Yunnanfu Hankow Pnora Rouh

BANKERS:

IN FRANCE: Comptoir National, d'Escompte de Paris; Credit Lyonnals; Banque do 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 Faris; Credit Lyonnais, -

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

York.

Interest allowed ou Current Accounts and Fixed Deposits according to arrangements,

Every description of Banking and Exchange Business transmetod. Safe Deposit Boxes to let

CH. LEM,

Manager. Hong Kong, 26th February, 1927.

NEDERLANDSCHE HANDEL MAATSCHAPPIJ.

(NETHERLANDS TRADING 8001kTvý

BANKERS

Established 1834.

Hong Kong Moe 1–13 Quean's Bond Contrat

Authorised Capital .................................. Onliders 110.000,000

(£1,400,000) Paid-Up Gaplial.............. Gallders 83,000,000.

(£8,000,070.) Here Fund.

Grildars 30,000,000- (£1.333331)

Kend Odise: AMSTERDAM”) Eastern Head (1:0)—BATAVIL BRANCHES--Bandjarmann, Bandoeng), Hom-

bay, Unicutta Uneribus, did. dal, Djember, bjokjakarta”), TA

Keba, Kola-kadja,

Modas, Padang

Palembang, Pekalongan, Honang.

行跟新丁法中

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 Special working capital..Fra.50,000,000 Reserves

Paris Saigon Peking

.Frs:13,270,000

BRANCHES:

Lyons Marselilos

Haiphong Hano

Shanghai Tientsin

Hongkong Paon Fenh

BANKERS:

FRANCE: Societe Generale, Banque Nationale de Credit, Banque de Paris et des Pays Bas LONDON: Midland Bank Ltd. NEW YORK: Irving Bank Columbla

Trust Co.

FOREIGN BANKS.

STRICTER CONDITIONS IN

.. PHILIPPINES.

Foreign banking institutions and savings and trust corpora tions seeking to establish business

THE CHINA MAIL,

COMMERCE

AND

FINANCE.

THURSDAY,

OCTOBER 6, 1927.

HONG KONG TIDE.

AMODERN ITALY.<

not known since the days of the merchants of the Middle Ages, Countries, like individuals, who It is not surprising, therefore The tide table given below has have conspicuous difficulties to to find that, while Italy has had been obtained by ald of the Tide- overcome, and are succeeding in her serious difficulties to over- predicting Machine, which in- come, they have not been suf- cludes 40 components for the bet the effort, naturally attract aym- ficient to prevent her from escap ter prediction of tides, from the pathy. As Dickens pointed out, ing much of the stress that most result of the analysis of the tidal even a rascal, when half drowned, other countries have had to bear observations, taken at the becomes for the time being of One of the chief problems she Kaulung tidal observatory under HAND EMBROIDERY. transcendent interest, though if has still to solve is that of her the direction of Dr. Doberck dur either well or dead he would surplus population, and the recenting the years 1887, 1888, & 1889. merely be an object of aversion deflation of her currency has of great interest is, the fate of made her industries feel an acute for Kaulung; but they may be The times and heights are given those who have taken an illus- need of capital. Yet the aggre- used for the Victoria Naval yard The Philippine hand embroidery trious part in the world's history, gate unemployment during the and Aberdeen, the differences export business is threatened with and, among communities, none last three years has been nearer & being very small, * a serious "competitive menace. The

THREATENED WITH COM- PETITIVE MENACE.

In the Philippines may find that Franch Government, it is learned has been more eminent in the tenth than a fifth of the amount The times of high-and low. Government requirements in the is attempting to effect a reduction history of civilisation than the endured in this country,Apart water must not be considered to. future will be stricter than at pro- of the tariff imposed by the United Kingdom of Italy. To the outside of this good fortune has doubt coincide with the times of slack- sent. A new banking and corpora- States on hand embroideries, and a world to-day, Italy is known as a less been due to the country's fa- water and change of current, the tion law is sought in a bill which survey of the situation reveals that country which, having shared bour policy, which has now re two phenomena being 'quité' was submitted to the house September 27,

a reduction of this sort, if effect with most other civilised nations duced strikes and lock-outs to a on

ed, would prove disastrous to the the troubles and perplexities of minimum, if indeed recent legisla A licence to enable foreign local trade. Vicente Concepcion, these times, has latterly become tion has not for the time being. banking establishments to open mitted a lengthy report on the aub, conspicuous by taking a strong abolished them altogether, Ob-|

commercial agent, recently sub business may only be issued by the bureau of commerce and ject to Director Reyes of the bureau and definite line for its own econo-viously, however, this would have mic rehabilitation. A spirit that been insufficient to produce a re- Evory description of Banking and industry after having thoroughly Cor examined the credit and financial Exchange Business Transacted. respondents throughout the world. standing of such institutions, ac

A. ROLLIN,

cording to the provisions of the Manager.

proposed law. No licences would Hong Kong, 21st April, 1927. be issued without the recommenda- tion of the bureau of the insular treasury, with the express approval of the department of finance.

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

Incorporated by Royal Chater, 1853. HEAD OFFICE: LONDON,

£3,000,000 Paid-up Capital Reserve Fund

..£4,000,000 Reserve Liability of Proprie

tors

.£3,000,000

Ageneles and Branches:

ALOR STAN

(Malay Status)

AMUITSAR

BANGKOK BATAVIA HOMBAY JALOUTTA OANTON DAWNPOLE OKBU COLOMBO

DELHI

HAIPHONG HAMBURO

HANKOW

LONG KONG

ILOILO

IPOD

KABAOUI

KLANO

KUBK

KUALA KANGSAR

Pers, (F.M.S.J

KUALA LUMPUR KUCHING

MADRAS

MANILA

MEDAN

NEW YORK

PEKING PENANO PESHAWAB PUKET LANGOON NALGON SEMARANG BEREMBAN YUANQUAL SINGAPOUR BOURABAYA TAIPING (V.M.,) TAVOY TIENTSIN TUKYO

THINGTAO YOKOHAMA ZAMBOANGA

(Philippine Islands)

Foreign Exchange and General Bank- ing business 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, Formosa,

Incorporated by Special Imperial Charter, 1899.

Central Bank in Formosa, Bank-Notes Issued

Average amount Yen 45,000,000

BRANCHES AND AGENCIES:

Osaka

The bill would allow no banking establishments to carry on busi- ness in the islands without proving to the insular treasurer that they are sound financially.

TRADE MARKS AND PATENTS.

INTERESTING NEWS FROM HOME AND ABROAD.

The following are interesting ex- tracts from the latest report of the Trade Marks, Patents and Designs Federation:-

Merchandise

Great Britain: Marks Act, 1926-"The Times" for June 15 contains the following:-

any

distinct.

October 3 to 9, 1927.

DATE

October

HIGH WATER↑ Lowen Wares

Standard

Times Ht

:2+ dard Timbe

Bt

Kalalerior Natio

Bolador No Interior Wed.. B m. r

186.7

6.7 m

No inferior

487.

of commerce and industry.

The imported wearing apparel sends men to jail for charging ault so remarkable, at least in trade in the United States Is large. 2d. too much for a pound of but-comparison with the experience of Mon. am 091 6.: m♬ 48 3.0 ly dominated by Philippine pro-ter may not show a just sense of this country, if it had not been duets. The smallest item of perspective, but it leaves no doubt for the extraordinary freedom the Thes 4 m 414 6,7 m 10 84|2.8 of its determination. Stopping country has enjoyed from fixed short, moreover, of academic and burdens. It is not, moreover, unscrupulous ruthlessness auch from merely negative evidence Thurs as has inspired the proceedings of that the prosperity of the country! the Russian oligarchy, it has ad- can be inferred.. In almost Fri. dressed itself to the difficulties of every direction the facts show every branch of Italian economic expanding industry, which other life, and appears to be seeking a countries would be glad to amul- 8. prosperity that the country has late.-"Engineering."

Si

7 34240

No Interior C.

03 a 21- 1087

517.1 1.14 1.8

17 46 3.8

8 m 6 29 1.4 m 0.374.2 8 88 8.6 1 63 1.6 9 m 7 38 75m 133 13,6 855.1 $30 & 1.6

HONG KONG MARKET PRODUCE,

Beef Sirloin ....

Prime Cut

Bullock's Brains

"A Board of Trade official yester-| day pointed out that the common belief that to comply with the Act al imported goods must in future: bear the name of their country of

For- origin was quite mistaken. eign goods .could still be imported and sold with no mark on them at all. But if these goods had name or trade mark attached, such as might appear to indicate British origin, the Customs officials might refuse to allow them to enter the country unless such marking had by its alde a clear indication of the country of origin or they were marked 'foreign.' The Act did not: apply goods sold directly for ex- port, to second-hand goods, to food. stuffs sold at any hotel or restaur- ant for consumption, on the premises, or to cooked, cured preserved foodstuff. where the cooking or other process had been French exports last year was wear Mutton Chop effected in the United Kingdom."

ون

5

Pierre . Du Pont, financier and Industrialist, whom it is reported will succeed the sate Elbert Gary se chairman of the board of the Steel Corporation. Durmg recept moothe Mr Du Pont of aurchased, many shares of the steer zorporation stock He 18 KINGA GTAT Bolder of stock of Genera Miccore and other organisations He is very active in the Du Pont inter ests in Delaware,

· Kidneys

APPROXIMATE RETAIL PRICES.

Butcher Meat.

4

Helbow

Quati Partridges

口粟角.

| 8335 | | 9 !!!,

Poultry.

Sept. 23, June, June,

1927. 1918. 1934.

Sept. 23, June, June,

Cts. Cte. Cts.

1027. 1918, 1914.

lb.

Cts. Ct. Ct.

28

12

28

23 12

H

Corned

10

12

Roast

Chicken Capons, Small Japons, Large

1b.

50

30 81

45 28

80

28

92

**

50 28

30

Dock

Breast

45 22- 21

#

24

18

"

» Soup

Doves

each →→

22

21

n

28

18

20

Steak

Eggs, Hen (cooking).

* per doz. 30

18

28

22

Steak Sirloin Sausages

Eggs, Hen (fresh).

30

25

36

Fowls, Canton

40

20

Fowls, Hainan

*** 1.

06

30

"

40

30 24

per set 15

12

Geere

P

Tongue, fresh.. Tongue, corned Head... Heart Hump, Satt Foot

50 24

each 66.50

80

Pigeons, Canton

each 56 BO

$1.20 -31.20

"

30

28

Turkeys, Cock

b.

· 15.

24

14

H

34

18

each

8

12

-Turkeys, Hen

Snipe ... Pheasant

51

each

15

12

pair

Tall

each

28 20. 21

"

Liver

lb.

24. 18 14

# Tripo

7

7

Calves' Head & Feet

44## Set $1.20 $1.00 $1.00

#

Ib. 48

48

#

46

35.

+

D

For ant 8

Feet

H

Ib. 18

"

Fry

23

**

15 18

Head

5

16

N

Heart

17

ench 15

10 10 Le

The total of Philippine embroi deries. exported to the United

#

Kidneys

Lemons (America)

15

3

Liver

16

32

Oranges (Canton)

38 25 23

́ ́Oranges

36

17

40 00 70

24

60

70

each 12

7

16.

10.

Walnuts

40 20 25

"

lb. Zu

22

Grapes

20

20 18

P

40

28

Veal

牛肉

38

20, 19

Sausager

. 40, 20

82

Leg "

Shot Ider Saddle

Great Britain.--According to the ing apparel contrary to general be "Yorkshire Post" for June 18, the lief. In spite of the fact that the meeting of the Council of the Hud- duty on French embroideries is con- dersfield Chamber of Commerce had sidered prohibitive, at 75% to 90% JAPAN:-Tokyo, Yokohama, Kabe, cases of misrepresentation as to product

before it for consideration five of assessed value, the French Pig's Chitlings

18

Braine able to compete the Philippines origin of goods. One case related with

pro FORMOSA: Giran, Kagi, Karenko, to a firm in Italy selling goods duct,

Local merchants fear Keelung, Makong, Nanto, Shin.

reduction in the tariff chiku, Taichu, Tainan, Takao, marked "London shrunk," and giv- that &

ing the Initials of a 1rm in Hudders- would spell the doom of the local Tamsui, Toon, Heito, Talto. CHINA: Shanghai, Hankow, Amoy, field. Enquiries revealed that there business.

Swatow, Canton.

was no such firm in Huddersfield.

Mr. Moorhouse in discussing these cases announced that he was Stated in 1926 reached an assessed Fork Chop prepared to bring this matter up at Yalue of P5,710,075, of which all Leg the Stockholm Congress of the In- but P368,669 consisted of wearing dersfield Chamber agreed that Mr. ternational Chamber, and the Hud- apparel.. France, on the other

OTHERS: Hong Kong, Singapore, Soerabaya, Semarang, Batavia, Bombay, Calcutta, London, New

York, Dairen.

LONDON BANKERS:

The London County Westminator and

Parr's Bank.

The Back has forrespondents in the Commercial

chafia, Isingiso, Japan, Indo-Chios, Biam, India

Centres in the European Continent. Kemia, Nan. Palippine Lelands, Jara, Africa, D.B.A., Austria, Intereal allowed on Current Accounts, and

application, Deposits in Yen can be accepted

J. IHARA,

Manager.

Fized Deposits at rates which will be quoted as

HONG KONG BRANCH:

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

THE BANK OF CHINA.

行銀國中

Fontdins, Hangouts, llover (Specialty Authorised by Presidential

Mandate of the Republic of China “on the 22nd of November, 1917).

Bamarang), Bangna, Bibelga

(Bamatra), Basrabala, Howra

karta (Bola)Togal, Tap: and Walterroden,")

*) those oflens hayo sala depods, boxes to lat.

London Bankers-Hallonal Provincial Bank Lt. Aathorised Capital .....$60,000,000.00

Correspondeate all over the world Banking barinom of every

description transsetad.

10,278,000.00

Paid-up Capital Reaarve Fund.

9.629,425.24

→. STEENSTUHLA

Manager.

HEAD OFFICE: PEKING,

Mongkong, 20th July, Low,

HONG KONG

ONG BRANCH:

4, Queen's Road Central.

Moorhouse should do this.

*

"

Loin 1.. Fet or Lard

* «+KSBAKKESOFBENKABEEFRAUBEBOB£*£##BOBLERSKO

11

hand, shipped out P100,406 worth Sheep's Head & Fect.. per set 85

of embroideries to the States, and only a little more than F6,000 of this was in garments.

K

Heart

Kidneys

Liver

At the Stockholm Congress Mr. Moorhouse and the Secretary of the Huddersfield Chamber brought this matter to the personal attention of Mr. Pirelli, who is President of the Italian National Committee and also the newly-elected President of the are almost universally accepted as International Chamber. Mr. Pirelli equal in quality to Continental undertook to

take steps which goods.

At the moment, French hand em- broideries are enjoying a huge Backing Pigs, to order. 3 popularity in the United States, Suet, Beef although Philipping embroideries

21 Mutton

would lead to official action being A concentrated effort will be taken against firms in Italy who made locally to prevent the United practised deceptions such as those States Government from, allowing described by the

the proposed measure for tax re- Huddersfield Chamber,

action to pass.

It is confidently hoped that this action will succeed in putting a stop to this kind of unfair competi tion. and misdescription of goods.

Japan. "The Times" Trade Sup- plement for July 2 contains an ac count of a successful prosecution in

passing-off sult in Japan.

1928 SUGAR CROP.

SOLD IN NEW YORK FOR PHILIPPINES.

Barbol Bream Canton Fresh

Water Fish.

Carp

Catfish

Codfish

Crabg

دو

~* * * * * 488928 *8÷÷BA ERRAT | 19482288|86882fa!

Almonds

Apples (California) Bananas (bride's) Carambola Cooonnuts Lemons, China

Fruits.

Lichees, Dried ....

&#

新會甜證:

Pears (Canton), Peanuts

Persimmons, Large

Plantain

Pamelc, Slam

ALL DE ME 26 1- 18 SI BREEDEN

Articbakes Beans, Sprout

Vegetables, &c

"

Long

Beet Foot

Bitter Squash Brinjals,Green

Fed

Cabbage, Chinese

: (Shanghai)

Cane Shoots, bunch

Cauliflower (Large)

(Medium) RE

(Small)

Chillies, Dried

Bod

Green

Curry Stuff, English

無需榮花

辣椒子

Fish.

ib. 34 19 24 36 20

16:

28 18 16

40

16 27

80 12

42

20 25

35

.23.20

*28

16

23 16

100.

Carrots

10

Celery, Chinese

40

10

Fresh Wat Yallow

10 18

20 80

82 25.

20

Cucumbers

Garlie

Ging

23

Action was taken against Nagoya

The first sale of the 1928 crop of Cattle Fish manufacturers who placed on the Philippine sugar was made on Dab market a spark plug in imitation of September 26 in New York accord an American product, and against ing to a cablegram received In Dace dealers in the article in Tokyo and Manila. The lot consisted of 8,000 Dug Fish › Branches and Sub-branches all over Osaka The imitation was first de- tons and was sold for January and Ecls, Conger THE YOKOHAMA SPECIE BANK, Chins and Correspondents in Europe, tected in Shanghai. The spark February shipments., and

LIMITED.

Established. 1860. Capital (fully paid-up) Yen 100,000,000 *Boserve fund ............. Yen 95,500,000

Bead Office YOKOHAMA.

Branches and Agencies at;

Alexandria.

Buence Ayres,

Batavia

Bombay,

Calcutta.

Canton

Changchun,

Newchwang.

New York Oraka

Peking

Rangoon.

Rio de Janeiro. Baigon. San Francisco. *Fengtion (Mukden). Seattle,

Dairen (Dalny).

Hamburg, MA Semarang. Hantow

Shangha Thimonoser.

ydney.

Karachi.

Tientsin:

azily

(closed))

Fixed Deposits. Terms on

tion

Every ness transacted. aartapp

America, and other parts of the world plug.together with printed guaran- Receipt of the information con-

London Bankers: The National Protec and other advertising matter al vinced local sugar Interests that Frogs vincial and Union Bank of England, ways accompanying the genuine an advance in the price of sugar Garoupa Ltd.

The Guaranty Trust Company of articles were found to be almost is not to be expected within the Gadgoon extelly reproduced, but two minor next few months. The sale was Herrings New York

Now York Bankers-The Irving errors in spelling occurred in the made at $4.65, almost $0.20 less National Bank

poden cartons containing porcelain refills. than current sales for the same

Hallbut The Equitable Trust Company of To the expert eye the spark plug grades. It is customary, that ad Labrus New York A

Itself was not a flawless imitation. vance sales be made at a reduced Loach on Current Account It was selling in China at half the sgure except when specific la Lobster Interest allowed on cus and Fixed

appifca price of the genuine article. The description

legal representative of the Ameri- Local sugar interesta (says the Monk Fish

creases are anticipated. de Mackerel ion of Banking Buscan firm instituted a suit against Manila Bulletin) have been an- Mullet

the Nagoya manufacturers. The Loans granted on approved securities, defendants numbered seven and ticipating an increase in the price Oysters Special facilities for Home Exchange, they were arrested: The dealers of their product and it was gen Parrot

SHOUJ CHEN,"

in the Illicit goods were also arresterally believed that this increase Perch ed six in Tokyo and six in. Osaka, would come before the first of the pike among the latter being a large hell year. Current low sugar: prices place ing concern acting as exporters, are due to huge market specula. VeThe defendants suggested ara tions made a few months ago in bitration and approached the Public Europe.Lt. It is evident that the re- Prosecutor. The delinquent deal- sult will have a more lasting effect ere, were summoned to a conference than at first believed. at Nagoya, and as a result of 86 Advance sules of hours deliberation the local repre- sugar la New York on September sentative of the American company 26 for October shipment demanded extracted:" from ther ilera an $4.80 A agreement pro

Manager.

THE BANK OF CANTON, LTD.

mod Established.191227 Head Office:Kong, Kung.

Anchorland Capital (11,155 Oarres

memuat kllowed on Current Accounts. pozitie received for fred perioda at

zayes to be obtained on'application.");

Hong Kong, 12th September1927. Hong Kong, 19th-

H MOBI

*LOOK FO

The manufactur

plug were senti

NAZETTENDANThe action was

the Internationa

garding unfair

Public

accus under, Articley 288 of

ST COUGH MEDI

Wate

15 12

12

10

each

15

each 16.

10