1927-10-22 — Page 2

HONG KONG AND SHANGHAI .......... BANKING CORPORATION.

Asthorised Capital ikke var $64,000,000 Earned and Polly Paldus - ....$30.000.000

Reverve Fundam

Sterling ☎4,000,000,

Herve Liability ef:Proprietoru,2, + -$80,000,000

HEAD OFTIOK: HONGKONG.

OQUET OF DIRECTORS 3–.

1. Mr. D. G. M. Esthard,

Chairman,

*行跟衔工法中

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....Fr.40,000,000 Special working capital..Fra.50,000,000 Reserves

:Frs.13,278,000

A. H. Compton, Haq,

1

W. I. Pettesden, Kaş-

T. 0. Wall, EKL

Paris Balgon Peking

· Deputy Ubairrena.

'W, A, Bali,`Z+q,

NB. Brown Zog.

A. Mcgowan, Zeq,-

.G. H. Molls, Kay.

IX. E. White, Esq.

Chial Manager

Hao, Mr. A. O. Bynes

BRANDIRIR:—

LONDON

AKUT

BANGKOS

BATAVIA BOMBAY DALOUTTA SANTON Onuroo COLOMBO DAILYN

BOOCHOW HAIPHONG

ILAMBURG HAKKOW

BARBIN

HONGREW

ILOILO

tron

JOHOR

KOBE

KUALA

"LUMPUR

LYONS

MALAUGA

MANILA

MOUKDEN NAGASAKI

NEW YORK

PRKING

PENANG

BANIJON

SAIGON

SAN FRANCISCO

SHANGHAI

SINGAPORE

SOURABAYA

SUNOZI PATANT TIENTSIN

TOKYO

TSINGTAO

YOKOHAMA

Current Accounts opened in coal Gurrency and Fixed Depsalta received for cae your GE aborter perioda in Local Cnergy and Sterling. ob terms which will bequoted on application,

Hong Kong, 13th September, 1937.

HONGKONG SAVINGS BANK.

The Business of the abore Each le com ducted by the HONGKONU AND SHANGHAL BANKING DOLPOILATION. Bafe way be oscaled on application.

FOB TUX BONGKONG & SHANGHAI BANKING CORPORATION.

4. С. Курым,

Chief Manager.

Hongkong, 11th September, 1997,

BANQUE DE L'INDO-CHINE.

HEAD OFFICE:

96, Boulevard Haussman, Paris,

Subscribed Capital ...Frs.72,000,000.00

Paid-Up Capital .......

Reserve Fund

.Krs.68,400,000.00

......Frs.89,884,519.10

BLANCHES:

Bangkok Hanoi

Pondicherry

Battambang Hong Kong Saigon

Ganto

Canton

Dijbouti

Mengtze Num-Dinh

Shanghai Singapore Tientsin

Neumes Fort-Huyard Papeete Tourane Haiphong Poking Yunnanfu Bankow Prom-Panh

BANKERS:

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

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

de

IN NEW YORK: J. P. Morgan &

BRANCHES: Lyons Marseilles Haiphong Hanoi

Shanghai Tontain

Hongkong Paon Pent

BANKERS:

THE CHINA MAIL,

LOCAL SHARES.

FLUCTUATIONS DURING THE

WEEK.

Messrs. Moxon and Taylor, sharo and general brokers,. in their week- ly share report dated October 21,

atate:

J

Our market underwent but little change during the week under re- view though the general tendency was steady: Investment stocks

mand.

COMMERCE

AND

FINANCE.

THE DEAD SEA.

FRESH PROPOSALS FOR EXPLOITATION,

"Few modern enterprises have had stronger appeal to the imaginn tion than the proposals now under review for the exploitation of the P. I. AGRICULTURE, vast chemical resources of the Dead Sea" saya the "Westminster Gazette."

EXPERIMENTAL STATION IN

MINDANAO,

SATURDAY, OCTOBER 22, 1927.

;",

HONG KONG TIDE.

Her associations than that of the proverbial fruit which exploded in a dust cloud when it was handled, The tide table given below has To-day, in William Blake's phrase, been obtained by ald of the Tide- we drive our cart and plough over predicting Machine, which in- the bones of the dead' and have no cludes 40 components for the bet qualms abut the installation of salt ter prediction of tides, from the pans, pumps and pumping stations result of the analysis of the tidal on the shores of the Dead Sea observations taken at the

"Have we not already trains from Jaffa and Haifa to Jerusalem, and Kalung tidal observatory under electric stations in process of con- the direction of Dr. Doberck dur struction upon the Jordan itself? ing the years 1887, 1888, & 1889. "It la beyond doubt that the great The times and heights are given Lake is rich in potassium chloride, for Kaulung; but they may be chloride, magnesium chloride, and magnesium *bromide, sodium used for the Victoria Naval yard calcium chloride, and if the and Aberdeen, the differences separation of these is a practicable being very small. commercial propostion, the supply The times of high-and low- of potash to the world market should water must not be considered to be almost inexhaustible.

coincide with the times of slack- "At present Germany is the chief water and change of current, the medium of supply, and has virtual "If the new project proves feaal- ble. It opone for Palestino and Transjordania a great opportunity of industrial commercial develop ment upon lines which should mate- rially assist the responsiblities of the country as the mandatory

FRANCE:-Bociete Generale, Banque continued to meet with a fair de- ment by Secretary Jardine, Pre.Bites of cities whose names have control of the market,

Nationale de Credit, Banque de Paris et des Pays Bas. LONDON:-Midland Bank Ltd. NEW YORK:-Irving Bank Columbia

Trust Co.

Exchange Busine Transacted. respondents throughout the world.

A. ROLLIN,

Manager. Hong Kong, 21st April, 1927.

"To a generation not much older than our own, with vague ideas a Washington, Oct. 14.

to the position of the ancient cities A project for catablishment of a of the plain, the project would have Department of Agriculture Rubber seemed nothing less than an attempt Experiment Station in Mindanao to turn Sodom and Gomorrah to will be revived in the Seventieth profitable account; and, peradven Congress, the United Press learns ture, to and an uncovenanted une authoritatively.

for Lot's wife herself.

We have learned to look for the This measure, carrying endorae-

become a byword la infamy else. sident Coolidge and Budget Direc-where than in the chasm left by Shanghal market is quiet.

tor Lord, was introduced in the

some convulsionary earth move The following are the principal Sixty-ninth Congress but came in at near the close of the Eocons alterations since last week:—

Banks:-Met with a steady de- too late to secure the necessary period, but the great Lake and the Every description of Banking and mand and a'considerable number of final consideration by the appro- regions immediately surrounding it

priations committees. Cor-shares were dealt in At

Plans are again being formule weird enough to make intelll $1,140/1,1472.

gible the legends of which they Unions:-Are still wanted at $292 lated, however, to seek an appro- have long been the centre.

"A curso has seemed to brood with sellers holding off for rather priation and it is expected that the

Department of Agriculture will ask over the spot from time immemorial, China Fires: Continued firm an appropriation of $200,000 to be and not all the plesant stories of with bayers at quotations. **** used in both the Philippines and Intrepid tavellera bobbing about Hong Kong Fires:-Could also be in tropical America (principally like corks in a vain endeavour to placed at price quoted.

in the Canal Zone) for rubber ex-luk themselves in the buoyant waters of the Lake have suggested aperimentation. Douglases:-Have advanced

According to tentative plans, the Its development as a pleaure resort, point and now have buyers at $34.

and Star Ferries:-Would find buyers atation

a demonstration | "A dead sea it seemed likely to at quotations but shares are firmly plantation will be established on remain to all eternity with no live

military held with sellers looking for higher the

reservation prices.

Mindanao; serving, the dual pur- un-pose of encouraging rubber pro- duction in the Philippines by Hong Kong Trams:-Continue to physical demonstration of methods meet with a steady demand at of culture and distribution of $20.10 but rather more would have seeds while simultaneously afford- to be paid to obtain shares.

Electrics: Are rather easier with no business reported but would probably find buyere at $52.

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

Incorporated by Royal Chater, 1863. HEAD OFFICE: LONDON.

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

£4,000,000 Reserve Liability of Proprie-

tors

.£3,000,000

Agencies and Branches:

ALOR STAR

MADRAS

- MANILA

AMETTUÁR

BANGKOK

BATAVIA

BOMBAY CALCUTTA CANTON DAWNPORK ORBU COLOMBO DELHI HAIPHONG HAMBURG НАРКОН HONG KONG

ILOILO

ІРОН

KARADHI

KLANG

KOBE

KUALA KANGSAR

Perak, (F.M.8)

KUALA LUMPUL RUOLLING

MRDAN NRW YORK PEKING PENANG PESHA WAB FUKET BANGOON BAIGON BINABANG BRBEMBAN BHANGRAT SINGAPORE JOURABAYA ΤΑΤΡΙΝΟ (P.14.8.) TAVOY

TIENTSIN TOKYO

TSINGTAO

YOKOHAMA

ZAMBOANGA

(Philippine Islandoj

more.

Hong Kong Lands:-Are changed.

од

ing American agriculture experts an Oriental base to observe scien- tifa rubber culture in Malaya and the East Indies.

Power."

two phanomena being quite

distinct.

Oct. 22 to 28, 1927.

*Hion WATER | Lowen Warns

Standard

Bt.

DATE

October Timea

Standard

Tigion

66m 11|43- Sat. 29 m 7:10.

18 20 5.0 43 21 minna | Sun. 33 6 0 5.5 | m 1 63 | 8.7

6,2 HELPS OVER HARD PLACES.

$122.4 Mot. 24 m 8' 47 8.4 m 120 Diluted with a little sweetened water,

140 25 Chamberlain's Colic and Diarrhoea Tam. 25 9. 30. 0,3 m.3 62.8 Remedy is easy to take and almost Instantly eases sudden and intenso stomach pains, cramps and intestinal Wed. 18 m 10 7 51 m2 341 34 disorders. A mother is perfectly safe Thurs 37 m 10 19 3.8417 9.3 131 & 20 in giving it for those stomach aches

0 50 1.93 64% 3.3 so inseparable from childhood.

Fri. 28 m 11 10 5.5 m 455 1 and recommended everywhere.

30 12 7.6

Sold

t

9 12 0.8

9.30%

HONG KONG MARKET PRODUCE.

Wharves: Continged firm and The experts estimate that ten came to business at $119/20.

years may be required to make the Benguets:-On the strength of plans completely effective. the discovery of a new vein of good |

If appropriations are granted,

Beef Sirloin paying ore shares have risen to a the work will be initiated by the buying rate of $2 but there are no United States, departmental ex- sellers at this price.

London Quotations of October 19:perts, but, when the project is well established, it is anticipated that -Banks £119.10/- Indos Deferred co-operation with the Philippines $4.17.6.; Shells £4.8.9. all middle Department of Agriculture will be

sought-United Press.

Foreign Exchange and General Bank-prices. ing business transected.

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

J. R. GEORGE,

Manager. Hong Kong, 7th March, 1927.

THE BANK OF TAIWAN, LTD.

(TAIWAN GINKO).

HEAD OFFICE:-Taipeh, Formoss. Incorporated by Special Imperial Charter, 1899.

Central Bank in Formosa.. lesvied

Co.; French American Banking Cor-Bank-Notes

poration; Guaranty Trust Co. of Now Average amount Yen 45,000,000

York.

nd

Every description of Banking and

Exchange Business transacted.

Safe Deposit Boxes to lat

י

BRANCHES AND AGENCIES: ..

Exchange: The demand selling rate on London is 1/11.13/16; and T.T. on Shanghai is Tls. 783⁄4.

Next Settlement Day is Tuesday. October 25, 1927.

REFINERY SUED.

SUIT BY THE INTERNATIONAL

BANKING CORPORATION...

RICE BAN.

PHILIPPINES COULD DISPOSE. OF SURPLUS IN US.

There is a good opportunity for Philippine rice producers to market Payment of P5,812,000 by the their produce in the United States Philippine Refining Corporation is if only the present ban on rice ex- unked in a suit filed in Manila on portation is lifted. October 15 with the court of first This according Phil, C. Whi Instance by the International Bark taker, manager of the Philippine ing Corporation. The bank also Trust Company,

How to get a. better price for requests the court to lasue a tem- porary writ of injunction restrain-eugar is not the big agricultural Ing the Central Union Trust Com problem of the islands; rather, it is

#

Prime Cut

Corned

*

Roast

Breast

Soup

Steak

APPROXIMATE RETAIL PRICES.

Butcher Meat.

Oct. 16, Jans, June,

1927. 1918, 1914.

Ct. Ct. Cts.

tb. 28 24 12

Chicken

28

28

19

28 12

·Capons, Smali--

28 24

Capons, Large

Duck

24 20

18

Doves

28

Th 18

12

28 24 22 40 80

40 26

20

#

per set 15

10

each $6

50

60

30

$1.20

-$1.20

lb.

24 18 14

34

20 18

sach

8

10 -127

15. 10 19

28 2029

Steak Sirloin

» Sausages Bullock's Brains

**

#

Tongue, fresh.

F

Tongue, corned

Head

n

Heart

音量

Hump, Salt

Foet

Kidneys

Tall

·Liver

DJ

"

Tripe

Calves' Head & Foot.... Mutton Chup

19

Leg

Shoulder

Saddle

n

Braing

#

Feet

P

·Fry

Head

*

Heart Kidneys

Liver

Interest allowed on Current Accounts JAPAN:Tokyo, Yokohama, Kobe, pany of New York from selling how to find a good market for Pig's Chitlings

according to Fixed Deposits

the properties of the defendant Philippine rice, Mr. Whitaker said. Osaka.

Even at ten pesos a picul, sugar| arrangementa.

FORMOSA: Gran, Kagi, Karenko, corporation, the latter being also

Keelung, Malong, Nanto, Shin indebted to the New York com- is good business both for the pro- chiku, Talchu, Tainan, Takao, papy in the sum of P2,938,382.04. ducer and the exporter, while palay Tamsul, Toun, Heito, Taito,

A decision was recently handed at P3.50 is an exceedingly poor CHINA: Shanghat, Hankow, Amoy, down by Judge Dias allowing the price for the rice producer, he be

New York firm to collect that lieves.

Mr. Whitaker is strong for the amount, and for this purpose the

He scouted court appointed F. A. Leas as re-lifting in the rice ban. ceiver of the Philippine Refining the pet excuse that with removal of Pork Chop

restrictions prices will start BOAT- Corporation to obtain payment.

CH. LEM,

Manager.

Hong Kong, 24th February, 1927.

NEDERLANDSCHE HANDEL

MAATSCHAPPIJ. ·

(NETHRALANDS (TRADING BOCIETY)

BANKERS

Established 13K

King Kong Ombe 1-11 Queen's Road Central

Authorised Capilat Gelldary 150,600,000

(£12,100,000) Fald-Up Capital ................................ Gröder 80,000,000

{54,096,070,) Bessere. Find meatummemann Gellders 60,800,000

Es84 Dillon:--LIFTERDARN Sastera Head Q=!007-BATAVIA, BRANCHES ---- Bandfarunads, Bandoang”), Bom

Day, Daloutta, Oberibon, -kid- (dai, Djambar, Djekjakarta), The

Ing

Kebi, Kota-ladja,

Padan

Foochow, Swatow, Canton, OTHERS: Hong Kong, Singapore, Scerabaya, Semarang, Batavia, Bombay, Calcutta, London, New York, Dairon.

LONDON BANKERS: The London County Westminster" and|

-Parr's Bank.

The Bank has dorrespondents in the Commercial

The defendant oll firm, according, saying, that Salgon, rica is al-

H

*

ways obtainable at much less the

ช

of

Leg

Loin

Fat or Lard

Ing to the bank's complaint, be cast of native rice. If the Philip Sheep's Head & Foot.. came indebted in the sum

Castres fa the European Continent, imala, Man shurin Tetarian, Japan, Indo-Ukina, Biam, India veilspine Islands, Java, Africa, V.SA., Austral The bank claims to have a better them and the consumer will be bene-t

$2,908,000 because of advances pine rice producers are allowed to made from time to time in 1923. market their produce outside, both

etc.

Interest allowed en Carpent Accounts, and

appiination, Deposits in Ton can be accepted

J. IHARA,

Manager. HONG KONG BRANCH:

Plaed Deporte at rates which will be quoted on

8. Des Voeur Road Central. Hong Kong, 22nd September, 1927,

THE BANK OF CHINA. 行銀國中

Ponilaan, Kangood, Botterdam (Specially Authorised by Presidential

Batagal, Bibelgs

{Sumatra Boeramik, Bears

karta" (Bilo), Topal, TyUnijap

and Waltayredas.") ||

Trbene ofices have safe deposit bazas to let

Mandate of the Republic of China

on the 22nd of November, 1817).

Londen BandersNational Provincial Bank L. Authorised Capital

Gorrandanta ali over the world

Basking, builsons of every...

description traBAROTAĆ.

Q. HTKKNSTRA

Manager.

· Hongkong, 30th] July, 1937.

Paid-up Capital

Reserve Fund

$80,000,000.00 18,278,600.00 9,629,425.24

PEKING.

fitted, according to Mr. Whitaker;

豁

Heart... Kidneys...

Liver

right over the properties of the oll firm than any other entity. It points out that the defendant would undoubtedly go into bank-

Pressure has been put to bear on yeal ruptcy if the New York company the question from both sides, but executed the judgment. in ita Acting Governor General Glimore favour. The bank is in favour of seems in no hurry to take definite giving the firm a chance to con stops one way or the other. He ex- tinue operating its business and pects to do so, however, as soon as thus meet its obligations. If the the true situation of the market has New York company were allowed to been fully determined. sell the properties of the oil firm, it would be prejudicial to the local bank, it la 'atloged..

better price for native rice and less Backing Figs, to order. cost to the consumer buying Saigon Suet, Beef ... rice.

Mutton

Sausages

SUGÁR MARKET

U.S. RAILWAYS AND SHIPPING. Carp

Gatinh

+3

B+ERŠBAUER THE JAZE BED AS DIE BİR DAN LABERLERERIZOBLE⠀⠀⠀O 1 2 25 25 4 10

25

DE DE DE DE DE DE DE S

**

#

Poultry,

Oct. 16, June, June,

1937. 1918 1914. ·

Ct. Cts. Ct.

45

30

31

40 28 30

50 28 80

85 22

21

22

SL

18

88 25

20

本地獎

38 24-

40 38

·24

55

24. 24

80

海口

30 29

DA TENDA Teststré

24 18 14

7 6 7

get $1.20 $1.00 $1.00

Eggs, Hen (cooking).

Egge, Hen (fresh).

Fowls, Canton.***

Fowls, Hainan

Geese.....

Pigeons, Canton

Hoihow

Turkeys, Cock

Turkeys, Hen

Saipe Pheasant

Quall Partridges

新鲜鹅生

1h

Almonds

Fruits.

Apples (California)

Bananas (brids's) ..:

Carambola

金山興業

ib.

20 85

80

24

18

each 14

b. *12

1b 48 26

43 26

46

26

48

狮

*35

Per set 3

1h.

18 15

28

++

15

Cooonnuta

18

20

#

Lemona, China

each 18 10

Lemons (America)

15 10

At

each 9

"

Lichses, Dried...

lb.

60-

高枝干TD.

40

80

25

28

新會翻糖

10

20

40

46.00 70

24

21

18

per sot 85

70

Bach '12

8 7

15

12. 10

46

25.25

20

25 22

Grapes

30

48

38

20 18 28 28 20 19

40 20 20

09

Oranges

Oranges (Canton)

Pears (Canton) Peanuts

Pereimmons, Large. Plantain

Pamelo, Siam Walnuts

櫻花紅大合客

TIS-SETTR-55.

*12** 12

H⠀ #sach 15 · 12 ·

Vegetables, &c.

each

Artichokes

· Beans, Sprout

Long

Beet Root...

Bitter Squash

Brinjals, Green

"Red"

Cabbage, Chinese

(Shanghai)

Cane Shoots, bunch

Cauliflower (Large)

(Medium).

No. 1..

Fish.

Barbel Breath Canton Fresh Water. Fish

36

20

19 24

16.

23 10 16.

40

16

80 12

42 20 245

40

23

26

28 16.2

52

16

14

28 10 ་ཥ་

108

Carrota

Celery, Chinese

Chillies, Dried

Fresh Water

18

Red

-80

Grabs

It is claimed by the US. Ship: Codish New York, City, Oct. 14. ping Board that if the US, exporter Early this week sugar quotations took a more lively interest in the moved in the dullest fashion, with shipping, of his country, and sent Cuttle Fish no apparent benefit from the pro- his goods abroad in the ships under Bab posed restriction plan to Cuba. the US. fag, the Mercantile Marine Dace:.

However, Bugar strengthened of that country would be in a more Deg Fish Branches and Sub-branches all over materially later, following action prosperous condition than it is to- Esla, Conger. THE TOKOHAMA SPECIE BANK, China and Correspondents in Europe, by President Machado of Cube in day. Of course, the exporter

LIMITED,

Established 1880.

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

Yen 90,600,000

· `Head Office:—YOKOHAMA.

Branches and Agencies al: Nowchwang

Alexandria, Batavia. Bombay. Buence Ayres, Calcutta, Canton.

Changchun. Dairen (Dalny) Fengtian (Mulden).

Hamburg Hamicow. Harbin

Horialalu,

Kal Tom Karacili

London Los Angel

New York

Osaka::

Peking

Rangoon

Rio de Janeiro Saigon. Ban Francisco,

HEAD OFFICE:

HONG KONG BRANCH:

4. Queen's Road Central.

America,

Yallow

and other parts of the world appointing a sugar commission knows his own business best, and London Bankers: The National Pro- and allocating a quota of 150,000 if he sends his goods by means of vincial and Union Bank of England, tens to it, which the commission a foreign vessel, he obviously must Ltd.......

The Guaranty Trust Company of immediate sold to Tate & Lyle have a good reason for so doing, Garcap

of London at 2.35 f.o.b., equi- and his reason is that be rets bet- Now York. MEN FAS

New York Bankers: The Irving valent to two and one-half cents tor. terma. Many efforts have been Herrip National Bank.

cast freight New York.

made to arouse a greater interest Halbu The Egaltable Trust Company of Further improvement next week in the national adipping, but the New York.

Interest allowed an Current Accomts is hoped for by traders. United results have been disappointing a

and Fixed Deposits. Terms on applica-

Hom

Every description of Banking Busl ness transactedile st

Presa.

Loans granted on approved securities. THE MERCANTILE BANK Special facilties for Home Exchange, INDIA LTD:

SHOU J, CHEN, I

-- THE BANK OF CANTON, LTD.

Authorised Capita Subscribed Capital Paid-up Capital Se Reserve Fund and

Now President Coolidge is con sidering a proposal made by Mr. Edward Hurley, a former chairman

Lobster

of the Shipping Board, that the Monk OF raffways should purchase the US. Mullet

Shipping Lines. Naturally the Oyste President will discuss the matter Par with shipping authorities, and pos- Ferch elbiy he will also hear the views of Piks the Shipping Board teelt We have little hope that he will find the Board favourable to the pro- Jeet, but In Kny care It U not at all likely that the railway.com- panies will desire to be

with the control of shippi so far has cost the State

hey have enough: without soqu

their

2016

(النصرة)

Carry Stuff, Eng

Cucumbers

Garlic

Ginger, Young

Horseradish, Indian Core Letty

Water Chestnuts

ERTB444GELEREL

IN

鮮椰菜花

22

esch

10

$1.00

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