1927-11-18 — Page 2

2.

HONG KONG AND SHANGHAI BANKING CORPORATION.

Authorised Capital, remark + #+m,000,000 tassel and Fally Pallup ............. $30,000,000 Rintres Funda 2-

Sterling.£6,000,000

-- $13,500,000

Exdearen 'Lably of Proprietor.....$20,000,000

KHAD OFFICE: HONGKONG.

COURT OF DIRECTORA :- Hon. Mr. D), U.M. Barnard,

Chairman,

A. 11, Compton, Maq. Depaly Chairman.

W. E. Balt, Zag,

.B. Brown Kat.

A. Macgowan, Haq.

10. B. Mackio, Kr.

W. L'attenday, Keq

T. G. Well, K«qu

IL P. White, Khan.

Chlet Manag

Hon. Mr. A. C. liya. BRANORR-

ANOT BANGKOZ

BATAVIA

.

LONDON 1.PUNK MALAGUA

BOMBAY

MANILA

HOUKDEN

NAGAYARI

CALOUTTA

CANTON

CHETOO

COLOMHO

DAIRIN #OCHOW EAIPHONG

AKBOEG

HANKOW

HAHBIN

LONGERW

HOLD

POH

JOHOLK

KODA

KUALA

LUMPUR

NEW YORK

PKKING

PENANG

RANGGON

KAIOON

SAN FRANCISCO

SHANGHAI

HINGAPORE

SOURABAYA JUKOKI PATANI TIENTAIN

TOKYO

THINGTAO

YOKOHAMA

Current Ascants opened In Local Udrroney and Fixed Deposite ruesired for one year of ahurter periods in Local Currency and Hunting on term which will be quo:ed en application,

Hong Kong, 13th Hoytanıber, 1927.

HONGKONG SAVINGS BANK.

The Hasiness of the niwari Bank in rame destal by the HONGKONG AND MANOUAT BANKING CORPORATION. Hún bay be obtained on application.

TOH THE HOROKONG BANKING CORPOLATION,

BHANGHAT

AU. Hyuse,

Chief Mausger

Hongkong, 13th Septembar, 1927,

BANQUE DE L'INDO-CHINE.

HEAD OFFICE:

96, Boulevard Haussman, Paris.

Subscribed Capital ... Frs.72,000,000,00 Pald-Up Capital....Fru.08,400,000,00

Reserve Fund

Frau,384,519.10

Bangkok

BRANCHES: Hanoi

Pondicherry

Battambang Hong Kong Saigon

Cantho

Cauton

Alangtze Nit-Dinh

Dijbout! Nounica

Fort-Bayard Papeete

Shanghat Singapore Tientsin Tourane Haiphony! Peking

Vinh Bankow Poon-Peni. Yunnanfa

BANKERS:

IN FRANCE: Comptoir Nationa d'Escompte de Paris; Credit Lyonnais; Banque de Paris et des Paya-Bus; Credit Industriel of Commercial; Societe Generale.

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

IN NEW YORK: J. P. Morgan & Co.; French American Banking Cor- paration; 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 let

CH. LEM,

Manager. Hong Kong, 26th February, 1927.

NEDERLANDSCHE HANDEL MAATSCHAPPIJ.

INSTAKİLANDS TRADING SOCIETY)

BANKERS

Established 1sts.

Hong Kong Onyo :—18 Qusau's Hood Coutral

Anihorised Capital..... Cullera 150.000,000

(£2,400,000} Pald-Up Cipitat... Gulidora 10,000,00

(126,668,870.) Hasara Fand Quildare 10,130,000- |_ 23.333,333.)

Head Omos:—ANITERDAN') Eastern Bord □Mon:—BATAVIA, BRANCHES — Bandjarzasła, Baudoong'), Bam

bay, Caloutte, Choribos, did. dal, Djember, Djogjakarta), The Kans Kiba, Kota-adju, MALWAY Medan, Pulsor

行銀断了法中

BANQUE FRANCO-CHINOISE ·

pour le

Commerce et L'Industria (Incorporated in France),

5, Chater load, Victoria, Hong Kong.

·HEAD OFFICE: 74, Rue St. Laxare, Paris.

Capital fully paid up....Frs.40,000,000 Special-working capital. Frs.50,000,000 .Frs.13,270,000

Reserves

Marseilles

Paria Suigon Peking

BRANCHES: Lyans

Haiphong Hanoi

Shanghai Tientsik

Hongkong Pnon Penh

BANKERS:

FRANCE: Societe Generale, Banque Nationale de Credit, Banque de Paris et ties Pays Bab,

LONDON: Midland Bank Ltd.

RUBBER AND TIN.

QUOTATIONS AND DIVIDENDS ANNOUNCED.

Blessra, Carroll Bros have been' advised of the following Dividends and Quotations on rubber and min: ing shares:

Quotations.

NEW YORK:--Irving Bank Columbia Kedah

Trust Co.

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

A. BOLLIN,

Manager.

Hong Kong, 21st April, 1927.

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA,

Allenby

Glenealy Jimah

Malaka Pinda Pajam

Connemara Lingui

THE CHINA MAIL,

COMMERCE

AND

FINANCE.

NATIONAL DEBT.

FIGURES ABNORMALLY

HIGH.

Rugby, Yesterday. Mr. Winston Churchill, Chancel- lor of the Exchequer, replying to a question in the House of Commons said the amount of the National

$2,80 Debt at March 31 last was 2.85 £7,622,000,000 and the interest 2.30

charged for the year ended March 4.00 2.26 31 was £316,000,000,

2.30

Dividends.

5% 2nd Interim 5% Final

making 30%

| Lingui..............

5% 1st Interim North Taiping 10% Interim. Pahang Consoli-

dated: 25% Final making 30% South Taiping. 5% Final

making 16% Sungei ........ 5% Final

making 10% .£3,000,000

10% 2nd Interim ..£4,000,000 Sungel Ramal

Tongkali Com-

pound No. 2.. 1/- per share BRITISH MALAYA.

Incorporated by Royal Chater, 1853. HEAD OFFICE: LONDON. Paid-up Capital Reserve Fund Reserve Liability of Proprie-

Lora

.£3,000,000

Agencies and Branches:

ALOK ETAH

"(Malay Status)

AMRITSAR

BANGKUK HATAVIA BOMBAY

CALCUTTA

CANTON

CAWNPORK CKBU COLOMBO

DELI!

HAIPHONG HAMBURG

BANKOW

HONG KONG

110310

NOBK

KARAGU

KLANO

KUALA KANGSAR

KUALA LUMPUL

KUCHING

Feruk, (P.M.N.)

MADILAN

MANILA

MRDAN

NEW YORK

PEKINU PKLANG FRSUAWAL PUKKT KANUDON SALUDN

BEMAHANS HEREMBAN BUANOMAI +SINGAPURK

HOURABAYA TAIPING

(F.ALS.) TAYOY TIENIVIN TOKYO THINGTAO YOKOHAMA

ZAMBUANGA

(bippineulanda)

COMMERCIAL VALUE TO

AMERICA.

BIG OIL TRUST.

FORMATION IN MEXICO. REPORTED.

Mexico City, Yesterday. According to newspaper reports an important Oil Trust is being formed in Mexico headed by the Standard Oil Company of Indiana and including the holdings of Hus- tancen, Mexico East Coast and Gulf and the Trans-Continental Petroleum Companies.

The negotiations will be conclud- ed in New York.-Reuter's Ameri- can Service.

DUTCH OIL CO.

INTERIM DIVIDEND OF 10

PER CENT.

The Haguo,. Yesterday, The Royal Dutch Petroleum Com-

The corresponding igures per head of population were £168 11s. and £6 198. 11d. respectively. These pany has declared an interim figures, however, taken by them- dividend of ten per cent.--Reuter. selves would be misleading since the nominal total afforded no measure of the burden of debt, and the in- terest figures for 1926-7 was ab. normally high owing to the coal stoppage. British Wireless

Ser vice.

INDIAN TRADE,

MISSION TO MAKE RAPID SURVEY ABROAD.

New Delhi, Nov. 4. The Government of India have a small Trade Pointing out in Commerce Re-decided to send ports that Singapore is rapidly Mission to make a rapid survey of adis-a number of countries and to report growing in importance as tributing point, not only for British on the potentialities of the markets Malaya but for all the East Indies, for Indian cotton goods. Siam and French Indo-China, and that British Malaya's general pros- perity is well above the average, Mr. A. E. Southard, the United States Consul at Singapore, is not

satisfied with the

that region.

amount

of

in

With the exception of automobiles

Foreign Exchange and General Bank-American import business done ing business transacted.

Current Accounts opened and Fixed Deposits received for 1 year or shorter

on application.

SAGHALIEN OIL.

JAPAN TO START FORMAL

NEGOTIATIONS.,

FRIDAY, NOVEMBER 18, 1927.

COST OF LIVING.

47 PER CENT. OVER OCTOBER 1914.

Rugby, Nov. 17. the price of some food stuffs the Owing to seasonal increasca in cost of living in October was per cent, above that of October, 1914, as compared with 67 per cent. in the previous month.

49

The effect of the cold weather on building and other trades also ac- counted for a seasonal increase in unemployment. Among approxi mately 12,000,000 workmen who in- sured against unemployment the percentage wholly or partly unem- ployed

9.5 on October 24 compared with 9.3 in the month previously and 13.6 in the year pre- viously, when the effects of the mining dispute were still felt.-) British Wireless Service.

Was

· ELECTION LAW.

DECLARED ILLEGAL IN ILLINOIS.

Chicago, Nov. 11. The circuit court of appeals yesterday ruled that the Illinois primary election law was uncon- stitutional in that it deals with The North Saghalien Oil Com- two subjects under one title and pany has started negotiations, re- unfairly disqualifies some persons from voting. Governor Small ports the "Osaka Jiji," with Soviet Russia in regard to the said that if the Supreme Court other oil fields in North Sagha- sustains the decision he will call a lien apart from the concession special session of the legislature made to the company under the to enact a new law-Associated

Press. treaty concluded in January, 1925.

The section conceded is being successfully exploited, but it is feared that the exploitation of the other section will draw off the veil from the Japanese concession. Soviet Russia sent a party of ex perts to the spot to study the con- ditions, apparently to prepare for exploitation.

Now the experts are back home

The Mission will visit Burma, the Federated Malay Stutes, Java, Ceylon, iraq, Persia, the Levant, Egypt, and the Sudan, Aden, and the East Coast of Africa to Durban, and drilling will be started subject The appointment of the Mission to their report. In that case it is the outcome of a recommenda- will be undertaken by a Russian tion made by the Tariff Board that trust, or by foreign capital, or the development e" the export trade jointly by Soviet Russia and for- to the Bombay mill industry.

PEACE EXCLUDED.

EVERYTHING ELSE IS INTERNATIONAL.

St. Louis, Nov. 11. Speaking here to-day at, the International Goodwill Congress, Newton D. Baker, former Secre- tary of War, declared that there will be war unless something is done to prevent it.

"Everything is international except peace," he said. "We have international finance, trade,

periods at rutes which will be ruoted and cigarettes, imports from the Was a matter of vital importance) eign capital. Should the exploita- science and education. The inter-|

J. R. GEORGE,

Munager. Hong Kong, 7th March, 1927,

THE BANK OF TAIWAN, LTD.

(TAIWAN GINKO).

of

tion be granted to a syndicate other than Japanese, the North Saghalien Company will be seri- ously affected and thus the fuel question which Japan is trying to solve will be further complicated.

national instrument for peace is the League of Nations and we chose to stay out of that." Associated Press.

RHEUMATISM,

MONEY & SHARES.

TO-DAY'S QUOTATIONS.

On London-

Bank wire....

27-

.... 2/-6/16

Bank on demand Bank 80 day's sight

Bank 4 months' aight 2/- 1⁄2 Credits 4 months' sight 2/1 Documentary 4 months

sight.....

On Parle

On demand

2/16

1250

Credits 4 months' aight 1325

On Berlin-

On demand.........

• On New York- On demand

Credits 60 days' sight 51

Wire

On demand

***** 4934

On Bombay-

135

On Calcutta~~

135

. On Singapore-

On demand....

87

On Manila-

On demand

99

Wire

On demand

On Shanghai-

On demand 78744

30 day's sight (private

paper)

On Yokohama

On demand

Gold Leaf. 100 fine

(per tacl)

Sovereigns

buying rate)

(Bank's

10712

9.55

Silver (per oz.) • 26/1⁄2 Bar Silver in Hong

Kong

2% prem.

7p.a.

Chinese Copper-Cents nom. Chinese Copper Cash 8%pm.. Rate of Native In-

terest Chinese Sub. Coin 29% dis Hong Kong Suk. Coin per.

LONDON EXCHANGES.

London, Yesterday.

124 4.87 7/32

Paris New York

Brussels

34.94

Geneva

25.28

Amsterdam

12.06

Milan..

891/2

Berlin

20.43

Stockholm

18.10

Copenhagen

18.18.

18.344

34.55%

1644

Helsingfors

1934

28.65

2 27/32

3672

Oslo

Vienna Prague

Madrid Lisbon Athens

Bucharest Río Buenos Aires Bombay

Shanghai

785

5 29/32

47%

1/6 15/16

2/7

2/0

1/11 17/32

26

263%

-British Wireless Service.

Hong Kong Yokohama Silver Spot.. Silver Forward

United States are, he says, for be

The Mission will consist of:- low what they should be in con-

Dr. Meek, Director-General sideration of the fact that much ofi Malaya's prosperity is based on its Commercial Intelligence, and

Mr. Maloney. Secretary of the exports to the United States. Im- ports of American goods into Bri- Bombay Mill-owners' Association.

It is expected to finish the work tish Malaya in 1926 were valued at

A parley has been opened in- $19,776,300 gold, compared with in six months. The Mission will $17,374,200 the previous year. Ex- make recommendations for the en- formally with Soviet Russia by GET RID OF THE TORMENT OF ports from British Malaya to the couragement of the export of cotton the Japanese company with a United States for the same years manufactures, including the ap- view to securing the right to ex- No need to keep on auffering the amounted to $339,478,500 and pointment of Trade Commissioners ploit this section of the fields or torment and pain of rheumatism when

were desirable.

Chamberlain's Pain Balm may be $366,188,500 gold, respectively.

The Mission will start during the to work it with joint capital of easily obtained at a small cost. Rub Rubber and Tin. More than half of the crude rub-present cold weath, in view of the Japan and Russia Formal nego-it on vigorously. It is very penetrat

coun- tiations will be started in a month ing and soothing and quickly scatters ber and about half of the tin con-active competition of other Average amount .. Yen 45,000,000 umed in the United States is from fries in the markets, which it is or two, it is understood.-Japan congestion and the pressure that causes T.T. on London

pain. Sold and recommended every-T.T. on Shanghai British Malaya. From its posi- proposed to survey.

where.

Banks. BRANCHES AND AGENCIES: tion as the eighth supplier of

Hongkong Bank JAPAN: Tokyo, Yokohama, Kobe,

Osaka,

HEAD OFFICE; Taipeh, Formosa,

Incorporated by Special Imperial Charter, 1899.

Central Bank in Formosa.. Bank-Notes issued

American importa in 1924, British Malnya rose to fourth place in 1926, FORMOSA:-Giran, Kagi, Karenko, and for some time in 1926 it held

Keelung, Makong, Nanto, Shic chiku, Taichu, Tainan, Takao, first place. In the third quarter of Tamsul, Teen, Heito, Taito. the year, however, that position was CHINA-Shanghai, Hankow, Amoy, yielded to Canada, and for the year as a whole British. Malaya ranked OTHERS: Hong Kong, Singapore, third, after Japan. The decline Socrabaya, Semarang, Batavia, was attributable to the drop in Bombay, Calcutta, London, New value of rubber, the quantity of York, Dairen.

which, however, exceeded that ship. the ped from British Malaya to United States in 1925.

Foochow, Swatow, Canten.

LONDON BANKERS:

•

The London County Westminster and

Part's Bank.

- The Bank hau Correspondents in the Commanelal Centree in the European Continent, itasala, Man- churia, Talaglao, Japan, Tado-China, Biam, lodia

ota,

Natural Preference For British Goods.

While these facts, together with

Patilpplag Inande, Java, Africa, V.B.A., Aurs, the strategic position of Singapore Interest allowed on Current Accounts, and as a trading point for the Far East, Fixed Lopeslia at, ratos which will be quoted on make the area one of very great application, Deposits In Yan can he avespted

J. IHARA,

Marager. HONG KONG BRANCH:

3. Des Voeux Road Central, Hong Kong, 22nd September, 1027.

THE BANK OF CHINA.

行跟國中

Palombang, Pakaleezan, PR (Specially Authorised by Presidential

J'octina Ingoon, Hotterdam), Bunchal Bibolga HAMAS),

Bunata Soeraal, Boora Arts (Holo), Tegal, T)||Aljap and Weltevreden.")

"? Those offices have sala doposit boxes to lat

Mandate of the Republic of China

commercial importance to the Unit-

ed States, Mr. Southard does not overlook "the naturn! preference

for British goods,” and the fact that British concerns hold the agencias for most articles of for eign manufacture, which he says is especially true of American repre- sentation.

Giving some advice, therefore, to American firms entering the field,. he urges direct representation, or barring this possibility that deli- on the 22nd of November, 1917).

berate consideration and care be ..$00,000,000.00 given to the placing and maintain-

18,278,000.00 ing of agencies.

0,020,425.24

Authorised Capital

London Banker: National Provincial Bank Lt Paid-up Capital

Correspondents all wrer tus world

Banking business of every

descripulon transactal

6. STEENSTRA

Hongkong, 30th July, 1997,

Manager.

Reserve Fund

HEAD OFFICE: PEKING.

HONG KONG BRANCH:

4, Queen's Road Central. Branches and Sub-branches all over

THE YOKOHAMA SPECIE BANK, China and Correspondents in Europe,

LIMITED.

Established 1880.

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

Yen 98,500,000

Head Office YOKOHAMA,

Branches and Agencies at:

Alexandria.

Batavia.

Bombay,

Buenos Ayres, Calcutta

Canton.

Changchun.

Dalren (Dalny).

Newchwang, New York. Osaka. Peking.

Rangoon. Rio de Janeiro. Saigon. San Francisco. Fengtion (Mulden). Seattle,

Semarang. Shanghai. Bkimonoseki.

Hamburg.

Hankow. Harbin

Hong Kong. Honolulu,

Kai Yuon Karachi.

Kobe,

London.

Los Angeles.

Lyons;

Mankis.

Nagsanki.

Nagoya

Singapore.

Boorabaya.

Sydney, Tientsin.

Tokyo. Tsinantu. Taington. Vladivostok.

(Temporarily closed).

*Interest allowed on Current

Lt.

BUDGET APPROVED.

JAPANESE CABINET AND. EXPENDITURE.

Tokyo. Nov. 11... America, and other parts of the world.

The Cabinet approved to-day London Bankers:-The National Pro- vincial and Union Bask of England, the annual Budget which calls for the appropriation of seven hun- The Guaranty Trust Company of dred and sixty-two million yen. New York.

The Budget is the largest on re- New York Bankers:-The Irving cord, big amounts having been National Bank,

The Equitable Trust Company of assigned to the Army and Navy. New York.

-United Press. Interest allowed on Current Accounta and Fixed Deposits. Terms on applica- tion.

Every description of Banking Busi- oss transacted.

Loans granted on approved securities. Special facilities for Home Exchange.

SHOU J. CHEN,

Manager.

THE BANK OF CANTON, LTD.

Established 1912.

Head Beo-Hong Kong.

Authorland Capital (IL.K, Currency)... 11,000,000 Paid Up Capital ..................

* 8,504, 200 Beserve Funds,DLEWARE

860,000

BEANCIES:-

Canton, Shanghai,

Kankow, Bwalow,

Bangkok, New York and Sao Franciaco,

LONDON BANKKILU:

The Boyd's Bank Limited.

COERRSPONDENTS--

Invall principal cities of the Woria, 'Foreign erzchange very descriptios transacting bastoses of

Accounts Deposita received for fized periods atje. Sale Deposit Boxes (izarlosa siros) at a yearly

cates to be obtained on application,

PHORIZA

Maneger.

Aong Kong 12 September, 1927.

vantal of froma da to #40.

LOOK POONG BHAN,

Chief Manager. Bong Kong, 19th February, 1927,

THE BANK OF EAST ASIA, LTD,

HEAD OFFICE: HONG KONG.

10, Des Vaux Road Central, Hong Kong

Authorised Captial- .. Paid-Up Capital Reserve

$10,000,000 5,000,000 1,200,000

BRANCHES AND AGENCIES

Melbourne San Francisco

Batavia Bombay Nagasaki

Calcatta

Seattle

New York Semarang

Canton. Osaka

Haiphong Paris

Konolulu

Koba

Peking

Penang

... Singapore

Sourabaya Sydney Tainoh

Tokye

Rangoon Tientsin

Kowloon London Saigon Manila Shanghaf

Correspondents in ell 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, We Chief: Munager. Hong Kong, 21st March, 1927,

Chronicle."

By Appoint

John Begg

JOHNBEGG

|Scato= DIET

BLUK CAT

JOHN BEEL

· SCOTCH MONEY

GOLD GAP

THE SUPERIOR BOOTCH WHISKY WHICH HAS POR.

THE PAST EIGHTY YEARS MAINTAINED

ITE

BINGULARLY

FINE QUALITY AND PLAVOUR.

Dye Ken John Begg.

YB DON'T!

THEN GO

DONNELLY & WHYTE

Who will be pleased to supply your requirements,

THE SHARE MARKET.

Stpek.

Hong Konr Stock

Exchange

21-4

.78%

$1137

do. Lon. Reg. Chartered Bank

$120

$2076

Marcantile A, & B,

$81%

C.... $1374

410

de,

P. & C. Bank

Bank of East Asia... $62

Insurances,

Canton insurance

$540

Union Insurance ..... $292 North China Insurance 148 Yangtze insurance ... M.$464 China Underwriters.. $1.20 China Fire Insurance $215 H.K. Fire Insurance.. $690

Shipping.

Douglases

$3534

H.E. Steamboata H.E. Tugs & Lighters $1.90 Indo-Chinas (Pref)... $80

do. (Def.)... $48

Shell Transports Water-beats

Mining.

Benguets

Kailan Mining Ad

00/~

$17

2 03/-

Langkats (Combined). T17%

ول

(Single). T

Shanghai Explorations T2.30

Shapghal Loans

Rauba

Tronoh Mines

Docks, Wharves, Godowns, &c.

H.K. & K. Wharves H.K. & W. Docks .. China Providerts Hongkews

DARAREA ARBRERI FESAMAA angina gene

T54

19/3

.. $120

355

24

$151 b 152 an

35

$95

Oriental Cottons

$7.20 ₺ 7.45,8 $2

S'hai Cottons (Old)

T48

do. (new)

+23

Lands, Hotels & Bidgs.

H.K. & 8. Hotela

016

Hongkong Lands

$50

New Engineerings Shanghal Docks

Cotton Milla,

Bwo Cottons

Shanghal Lands

Hongs Estates

$120

$12% Realties... $3%

H.K. Territorials Prince's Buildings

Public Utilities. H.K. Tramways Fonk Trams (old)

do. (new)

Star Ferries

$1%

$120

$20.10

$14

$7 $64

China Lights (comb.) $12-

do.

do.

H.K. Electrics

(old) (new)

. $93%

$64-

Macso Electrics

$9.70 T8

12/0

H.K. Telephones

China Buses ..... Singapore Tractions

Industrials.

China Bogars Malabon Sugars Canton Ices Gements (comb.) do. (old) do. (new) H.K. Ropes (old)

$6.60

$10

do. (pow)

T5

112

$15.10

United Asbestos

Storen, &c. Dairy Farms

Watsons

Der A. Wings Lane, Crawfords

Mackintosha Sinceres Wm. Powells

Miscellaneou

HK. Amusement H.E. Constructions': H. Ind. G. Bondaren

· H. K. Govt. Loans :

$114

дед дидеделде корида