1928-03-22 — Page 2

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2

HONG KONG AND SHANGHAI BANKING CORPORATION.

Authorized Unpital, en, ve Land and Faliy Paiðkup....... $90,000,000 Elery Pundi

Kleding

Mike......

... $40,000,00E

£5,000,000.

24.4230,000

Beware Liability of Proprietar...820,000,000.

+LEAD OFFICE: HONGKONG.

COUNT OF DIRECTORS;-

A. 11. Compton, Kaq,

W.'(, Hutt, Sos.

Chairman,

Deputy Chairman.

..truwn, Yaq.

a. H. Mackie, Rug

~T, G. Wuali, Eaq,

tion. Mr. 1, M. Bernard, W. T. Pattonden, Kuq.

4. Mangowan, keq.

H. P. White, Km

Gilet HanUT

Hon. Mr. A. G. ilyen,

LONDON LYONN

BRANCHES:--

AMUY

BANDKOA

BATAVIA

BOMBAY

HALUUTTA

CANTON

CORPOO

COLDK BU

SIALACCA

MANILA

MUURDEN

NAMAYAKI

NXY YUNK

PEKING

PENANO

MANGOON

MARION

DARLEN YOUCHUW

UKIPUNU

HAMBURG

HAN FRANGISÜU

ULNKOW NABIIN

HONGEKW ILOILO

ПРОЦ

JOQUE

КОЗК

KUALA

LUMPUR

SHANGHAI

SINGAPORE NOVKABAYA SUNGEI PATANI TIENTSIN

CUKYO

THINUTAO

TOKOHAMA

Cerrent Accounts opened in koos) Carróney shi Fiza Deumite taculail for one yOUT OF churter periods in Lanni Curcacy an Sterling an terms which will be quoted on applicstian,

Hour Hong, 15h Pubruary, 192

HONG KONG SAVINGS BANK.

The -Bunjom of the nisure Bank is con lected by the ONOKONG AND SHANGHAI BANKING CORPORATION,

y p

ublaiped on application.

FOR THE HONGKONG & 811ANUAI BANKING CORPORATION,

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, Rue, St. Lazare, Paris.

Capital fully paid up....Frs.50,000,000 Special working capital..Frs.50,000,000 ..Frs.16,304,965 Reserve Fund

Paris

BRANCHES.

Lyena

Peking

Saigon Tourane

Marseilles Shanghai Tientsin Haiphong Hanni

Pnum Panh

THE CHINA MAIL,

RUBBER AND TIN.

IS RESTRICTION FUNDAMEN- TALLY WRONG?

+4

A FURTHER SUGGESTION.

COMMERCE

AND

FINANCE.

A The

THURSDAY, MARCH 22, 1928.

CABLE MERGER,

NEW COMMERCIAL POSTAL COMPANY.

HONG KONG TIDE.

The tide-table given below has been obtained by aid of the Tide- predicting Machine, which in cludes.40 components for the bet tor prediction of tides, from the result of the analysis of the tidal observations, taken at the Kaulung tidal observatory under

Importance in the running of big departmental store. great charm of organising.". he said, "is the opportunity it gives to to be man's character, judge a

men with able to pick out the brains and to get the best out of

New York, Yesterday. them. My father could not have

The cables merger announced made the firm what it la. nor could I, unless we had picked out yesterday is officially confirmed.

The wireless service will be the direction of Dr. Doberck dur. BUSINESS ROMANCE, the right man to help us.

men with operated by a supplement to the ing the years 1887, 1888, & 1889. The times and heights are given portunities for young initiative are as great to-day as existing cable system. The plan for Kaulung; but they may be

HARRODS STORE NEW MANAGER.

MR. R. BURBIDGE.

Vish

In spite of anything that may be Yet more correspondence up- BANKERS: FRANCE: Societe Generale, Banque pears in the "Straits Times" and argued to the contrary, we live in a romantic age. Most of our great Nationale de Credit, Banque de a further suggestion is offered. Writing under March 2, Mr. Fredk. Paris et des Pays Bas

C. Peck discusses Government "in-business are full of romance, al- LONDON:-Midiand Bank Ltd.

Lerference in the rubber and tin though those responsible for their continuation do not always realise industries as follows:--

NEW YORK:-American

Exchange

Irving Trust Co.

The op-

distinct.

DATE

March 16 to 22, 1028.

HIGH WTR Loga Watan

ever they were, but they must be contemplates the formation of a

and be new commercial and postal com- used for the Victoria Naval yard prepared to work hard ambitions. The trouble with so pany under the chairmanship. of and Aberdeen, the differences The times of high-and low. many is that when they have ad- Mr. Mackay to acquire outstand being very small. vanced to a certain position they ing stock, the Mackay companies begin to think they have got to controlling the submarine and water must not be considered to the top instead of wanting to get land lines of the commercial un- coincide with the times of slack

awollen dertaking, and eventually the water and change of current, the phenomena being quite formation of a few international two hends.". higher, and they get

cable company, also under Mr. Comparing the shopping public Mackay, to take charge of com- of to-day with that of a generation mercial cables.-Reuter. ago. Sir Woodman Burbidge said the modern woman was a keener

ORIENTAL NAVIGATION CO. Every description of Banking and the rubber producing industry of the appeal that their history makes buyer and much more discerning, "But, of course, the whole idea of Cor Mainys by imposing a prohibitive to the public.

The liquidator of the Oriental In witness of this one has but shopping has altered." he added.

"To-day, instead of being impor- Navigation Co., Ltd., announces export duty on, part of Malaya'a

the announcement to instance

shop with that a first and final, dividend of Sun. 19 m 933 43 frubber production, the restriction Марадст

tuned on entering a of export amounting nominally to:

normal full made earlier in the week that Mr.What do you want, madam" the $0.935 per cent. has been declar-

Mon 19 40 per cent. of our

Richard Burbidge will shortly as-shopper feels as though she were e

She can juraj

Government has similarly, but sume the responsibilities of gen-going into a museum.

walk about without being interfer- "interfered" in more effectively,

ed with, and is given the oppor- eral manager of Harrods, Ltd. A

what sho the tin mining and in ameltingi

of fact, the un-tunity of andling out industries of Malaya by imposing plain statement

This has undoubtedly

SAN FRANCISCO-Bank of Italy.

Exchange Business Transacted. respondents throughout the world.

A. ROLLIN, Hong Kong, 1st January, 1928.

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

Incorporated by Royal Charter, 1853

HEAD OFFICE: LONDON. Paid-up Capital Reserve Fund

Reserve Liability of Propriu-

Lora

Government has "interfered" In

ja prohibitive export duty on the romantic will say, but surely it is wants. .£3,000,000 £4,000,000 whole of Malaya's tin ere produce something more. It is a record of made for much keener buying.”

tion: this 100 per cent. restriction

£3,000,000 giving absolute protection against continuity extending over three

Agencies and Branches:

RVCHING

MADRAS

MANILA

ALOR STAR

(Malay Hiale

AMUITAR BANGKOK HATAVIA BUMBA Y

CALOUTTA CANTON CAWNPOUR GEBU

COLOM RO

.DELII

HAIPHONG

HAMBURG

HANHOW

.

HARDINEN, Mameliarla)

A. C. Hynes,

Cute! Maunger

Hongkong, latii Noplember, 1927.

HUNU HÙNG

ILOILO

IPOU

KARACH

NEDERLANDSCHE HANDEL

MAATSCHAPPIJ.

(NETHERLANDS THADING SOCIETY)

BAXXERS

Establlabo MA

frong Kong Offics;-11 Quest's Hond;Central aathorland Capital..........uilder 150.000,000 (2,500,000) Pald-Up Ospits milfare 80.000,000

(£5,666,870.) HEETS Fod Gullders 43,000,000

(£1.333 253)

Head Omoe:-AMSTERDAM” Eastern Head Ofos:-BATAVIA HRANCHES ;- Bastonmasin, landong Bou bay, nieulla Chariben Jia. dab, Djambor, Djokjakarta, The Ingiz'), Kube, Kotaria Маханая, Mottan, Partnng Palembang. Pekalongan, Peng Pontianak, Hangoon, Kulterdam, Hibolga (Yonatan)

(Holo), Tegal, Tillstjap Xena oficos have safe deposit bugs to let. Landon Hanken-National Profil Bank Ltd.

V

and

Correspondante nil aver sno world

Hasting bioins of every

domarĺpikum tranunciod."

O. STEKNSTELA

11oogkong, th, July, 127,

BANQUE DE L'INDO-CHINE.

HEAD OFFICE:

30, Boulevard Haussman, l'aris. Subscribed Capital...Frs.72,000,000,00 | Paid-up Capital.....Frs.68,400,000.00 Reserve Fund Fra89,384,619.10 BRANCHES: Hanoi Bangkok -

Pondicherry Battambang Hong Kong Saigon

Mengize Shanghat Can the

Singapore Tientsin Tourant Vinh

Canton Nam-Dini

Djibouti

Noumea

Fort-Bayard

Haiphong Hapkow Pnom-Penh Yunnanfu

BANKERS:

IN FRANCE: Comptoir National d'Escompte de Paris: Credit Lyonnais; Base de Paris et des Pays-Bas; Credit Industriol et Cómnipretal; Su ciete Generale.

KLANG

KOBK

KUALA KAROHAR

Parai, (KA1.M.)

HUALA LUMPUR

MEDAN

NEW YORK

PRKING

PRNANU

PESHA WAR

RANGOON

BKMARANO

BATION

SEREMDAN

SHANGHAI

BINGAPORE

TAIPING

HOURABAYA

(V.M.N.) TAYOY TIENTHIN TOKYO

TUNGKAI (Bhuket).

ISINGTAO

YOKOHAMA

ZAMBOANUA

Philippine Mazda)

|foreign compot's ve

: : generations, during which

large smelting companies.

Now, about a month ago, Mr. P

M. Robinson, the general manager:

the

name of Burbidge has been pro-

minently associated with the great

of one of those protected smelting house in the Brompton-road whose chairman of a trade title has become a household companies, as the

enmpany, strongly word. single rubber opposed the smaller restriction on rubber export, "an industry must! learn to stand on its own feet and live by its own

Tians

No infolus ligh

a

---

Maroo

*t. dand

Timo

Fri.

H

? No oferior High | m^1

4 nor Low water

But Love

Wats

0

04 1:46

Tara xo no ú 1.

2

Wed 2. m 9245, 30

95

14

2 39

48 .0 in y

R

Willesden is spending £13,000 on a new school, and £30 for a second- Thors 12 in Y hand car for the architect;

HONG KONG MARKET

The house of Harrods was found- ed, in quite an unpretentious way efficiency," and seventy-nine years ago, but in Mr. Beef Sirloin

that "restriction in fundamentally wrong."

PRODUCE.

APPROXIMATE RETAIL PRICES.

Butcher Meat.

+

Henry Charles Harrod it had a

*

Prime Cut

#1

Corned

Roant

JP

Breast

» Soup

Steak

I am therefore led to ask whe man of personality behind it, and the venture was has ever ad- the success of ther Mr. Robinson vacated the abolition of the 100 never in doubt. In 1989 the busi- per cent. restriction on the export

Foreign Exchange and General Bank ing business transacted.

Current Accounts opened and Fixed of tin, ore. Deposits received for 1 year or shorter periods at rates which will be quoted un application.

J. R. GEORGE,

Manager. Hong Kong, 16th March, 1928.

THE BANK OF TAIWAN, LTD. (TAIWAN GINKO),

HEAD OFFICE:-Taipeh, Formosa.

Incorporated by Special Imperial Charter, 1899.

Foochaw, Swatow, Cunton.

OTHERS-Hong Kong.

Socrabaya, Semerung,

Singapore,

Batavia,

Bombay, Calcutta, London. Now York, Dairen.

LONDON BANKERS; .

The London County Westminster and Porr's Bank..

a com-

a per-

Does he strenuously as was converted into maintain that the tin smelting in-pany, but there was still dustry of Malaya "mist learn to xonality behind it, for within two stand on its own feet," meet the years Sir Richard Burbidge (Mr. competition of American and other Rurbidge as he then was) had suc foreign smelters on equal terms,ceeded to the position of manag-

and during and live (if it can) by its own eff-ing director, ciency?

in addition to this fact there are for it rarely happens that business hundreds of tons of unwanted rub- Interests of so important a nature a limited liability The Bank line Correspondents in the Commerci! her in Malaya, some of this rab-persist through three generations

some in the case of Centret in the European Continent, man, Naber, is in stores, etc., and cburla, logo, Jaj, Indo-China, Slam, India Pallippine Islands Java, Africa, U.S.A., Aztra still in trees standing idle owing company.

ato.

Interent allowed on Current Accounts, and to Restriction. Pixel Deposit at rates which will be quoted un application, Deports in Yea can henceopted

J. HARA,

Mangee.

HONG KONG BRANCH:

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

The New Manager.

I am a proprietary planter, with

Mr. Richard Burbidge brings to plenty of rubber which I cannot

a mind fully his important office market..

Aly bungalow has bare boards equipped with a knowledge of the for floaring, I cannot afford to buy great business he will rubber matting although I live in He has, in his father's. worde the midst of a superfluity of crude "been through the stores from the bottom to the top," by which is rubber.

manage.

Steak Sirloin Sausages

Bullock's Brains

כן

יז

זי

Tongue, fresh.

Heart Kidneys

4牛牛羊羊羊

E-

牛羊村村

#BEBEREBBEBELY**«äätö

<+%£*4#REKJÆRENE: Š¢E+8282-8OBECERAKÓR65A3<2

Chicken

March B, June, June,

1928. 1818. 1914.

Ctr. Cta. Cts.

lb. 28 24 12

28 23 12

23 12

Capona, Smal

"apons, Large

Duck

Doves

'Ib. 48 Zł

48 20

48 24

40

35

ཌ ཕ – F༴ སྨྱོད ན བོ ོ་

26 40

28

96 20 19

20 20 20

30

Poultry.

March 8, June, June,

10. A

#

are

#54516512802*42392

1928. 1918. 1014.

Cts. Cts. Cts.

* * 8989188948928118

23. 30

គឺ ដន៩គ គ | ដឺឥឥឃ | | | | | | “

៩៩ គ ន ន ឆ ឌ ២ ឥតគិđនន្ទ

|

| | | |

སྐྱོམྨོ, མཐཋརསྨིཾ ནཀྑཾ ཨབྷིཎྜགཽ ན

Fowls, Canton

Fowls, Hainan

Pigeons, Canton

Haihaw

Turkeys. Cock

Turkeys, Hen

મક

40

45

A each 60

40 .28

70

Quail Partridges

Almonds

Apples (California)

Bananas (bride's)

Carambela

Oranges

Oranges (Canton) ...

Pears (Canton)

Fruits.

杏金无铅 棉金荔析谱沙花紅大疆合谱

ench 80

85

སྶསྷབྷ| |

[2"ཆམྥ}|

བྲཱཎྜཱ॰།ཡུ ཿ ཤྲཱ

ཌྭ ུ ༐ ཡཱ །

14

14

10

12

"

4

cách đó

12

lb. 18

Vegetables, &c.

5.18.05.11 T

Ib.

50

21

40

"

28 24

22

10

24 20 18

cach –

20 20 18

+

28 24 22

Eggs, Hen (cooking).... (

per doz. 32

"

40 30 36

Eggs, Hen (fresh)

40 26

20

* * *

per get 15

10 12

Geeze

cach 85

50 60

#

Tongue, corned R

80

Hend

his

16

$1.20 -$1.20

Margur.

twenty-six years in that office laid If, as a result of the propaga- the foundations for the phenomenal tion of anti-restriction sentiment, growth of the business. Itin ore restriction is abolished and staff of 400 when he took over,

our smelting companies prove to the personnel had increased be weaker than their foreign com- 1,100 by the end of the century. petitors, and consequently "have On his death in 1917 he was auc- to cease producing or to part with ceeded by his son, Sir Woodman Calves' Head & Feet.. 441 PE set $1.20 $1.00 $1.00 their properties," will Mr. Robin- Burbidge, who, after graduating in Mutton Chep Central Bank in Formosa,

son and his company's sharehold-other stores, had attained to the isaved

Yen 16,000,000 ers be quite content if only they position of general manager at the Bank-Notes

Average uniount

are nonchalantly informed that age of 29. This year, at the age --BRANCHES AND AGENCIES:

"their fate will only be that of the of 30, Mr. Richard Burbidge suc- Pig's Chitlings Kobe,

Brains JAPAN:-Tokyo, Yokohama,

inefficient in any other industry?" ceeds to a position which his then be father held when he was one year QUM, FORMOSA:-Giran, Kugi, Karenko, And will Mr. Robinson

contemptuous towards younger, but with this difference. Keelung, Makong Kanto, Shin- quite so chiku, Taichu, Tainan, Takao. those who deride the suggestion that to-day the combined staff Thus for "that economic laws must be al-numbers over 7,500. Tumeul, Teen, Helto, Taito. CHINA:--Shanghai, Hankow, Amoy lowed to operate."

thirty-seven years, 'from grand- father to father and now to son, A Suggestion.

of Burbidge been Pork Chop has the name "Serting" writes: Rubber is now at the lowest linked with that of Harrods. That is romantic, value it has touched since 1924. association in itself

Heart

1b.

24 18

14

J1

"

Hump, Salt

34

#

,20

18

Spine

Feet

each 8 10 12

From a

Pheasant

A

* Kidneys

15

10

12

17

to

Tail

28 20 2%

H

#

Liver

ib. 24 19

M

Tripe

7

8 7

H

"

Lez

1

Shot Ider Suddlo

་་

#

Է Խ.

35

2

金泰康

**

24

24

#1

Per set 3

12

船山香葱

+

6

Feat

lb.

15 In

7

53

Fry

15 28

18

12

Coccanuts

Head

25

20

Khu 7 cách 12

10

Lemons, China

"

lb. 14

Heart

each 15 10

10

7

Lemons (America)

+

Kidneys

15

10

.3

45

30

24

Lichecs, Dried ........

金山排線 cach

9

荔枝干

{b.

48

26

20

Liver

D

92 25

23

新會甜箱

13

18

32

Leg

86

60

70

Loin

26

21

Peanuts

Fat or Lard

25

Sheep's Head & Fert.

per set 85

80 70

Persimmons, Large

Plantain

#

Ŏ each

12

8

7

15

12. 10

Pumelo, Siam

»

18

26

26

Walnuts

Liver

Sucking Pige. to order. Sust, Deer

1b.

26 :u

22

Grapes

30 20 18

Mutton

H

Veal

Savages

No. 1..

Fish.

12

Long

lb.

58

19 24

Beat Root

36 20 18

Bitter Squash

28

13

16

11

32 16 27

26 12

"

36 20 25

40

23

20

28

18

2

"

48

28 16

IP

46 20

FE

Carrota

10 10

8

"

35

10

16

Fresh Water

30

10 18

jk te

11

Yellow

22

20 30

E

80 82

26

D

80 40 80

80

18

Garle

20

18 23

"

32

18 15

'32 22 18

22 46

24

40

32

21

Indian Corn

30

20

28

Lattuce

"

85 13 2

Water Chestnuts

26 13 2

E

20 16 22

H

28 14 $

28

20

.15

32

16 9

44 20

29

Shangba

48

86 20

Parsley

50

80

45

65

10 14

Potato, Sweet

Japanese

15

10 14

American

80

18 18

13

Pumpkin

· 80 22 18

Radish

70

80

30

12 B 10

Shallots

14 10 10

Spinach

"

48

-32

30

Tomatoes

45 20 35

Taros..

»

45 28 28

86 22 18

32 18 12

12

1.28'

40

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

ile

IN NEW YORK: J. P. Morgan & Cu: French Ameriran Banking Car poration; Guaranty Trust Co. of New York.

THE BANK OF CHINA.

Specially Authorised by Presidential

Why not bring up the question meant that he has graduated from Barbel

of establishment of a few factories the warehouse, through the sales

in the F.M.S. for the production departments, getting the assist-Bream

Water Fish. of the simpler forms of rubber ants' point of view as well as that Canton Freeb

Carp manufactures, the crude rubber to of the clients, and so on to the

.300,000,000.00 (eent.?

19.278,600.00 0.090,425.24

to

Site of the Republic of China on the 22nd » November, 1017).

Authorised Capitul Paid-up Capitul Reserve fund

HEAD OFFICE: PEKING.

11ONG KONG BRANCH:

1, Queen's Road Central.

Interest allowed on Current Accounts and Fixed Deposita according arrangements.

Every description of Banking and Exchange Businera transacted. Safe Deposit Hoxes to let.

CH. LEM.

Codfish

come out of the Restriction 40 per administrative posts. "That is the Carash

only way to get a training now-a- Woodman observed Sir The capital necessary for these days," factories could easily be found by Burbidge, in speaking of his son's Crabe contributions from Rubber Estate business training. You have got Cuttle Fish companies and large private estate to start at the bottom and workah to the top, So many of our modern Pace owners.

Plain sheet matting, hosing, young men try to get in at the brace and Sub-branches all over packing and such like could be top. Success does not come that Eels. Conger BANK,America, and other parts of the world. manufactured out here by co-way."

Lomion Bankers: The National Pro-operative factories. If the surplus

Manager.

Hong Kong, 26th February, 1027.

THE YOKOHAMA SPECIE

LIMITED.

Established 1860.

Capital (fully puid-up) Yen 100,000,000 'Yen 99,600,000 Reserve fund

Head-Ofice:-YOKOHAMA. Branches and Ageacles at;

Alexandria.

Newchwang,

New York. Ozaka.

Buenos Ayres.

Batavia.

Bombay.

Calcutta.

Canton.

Changchun.

Dairen (Dalny). Fengtien (Mukden).

Hamburg. Hankow.

Harbin. Hong

Kong. Honolulu.. Kai Yuen, Karachi,

Kobe.

Londen.

Los Angeles.

LIONS

Peking. Rangoon,

Rio de Janeiro,

Saigon. San Francisco. Seattle. Semarang Shanghai. Shimonoseki. Singapore. Seerabaya. Sydney. Tientsin. Tokyo.

Tsinanfu.

Tsingtan. Vladivostok. Bianlia.

(Temporarily Nagasaki,

closed). Накора.

Interest allowed on Current Accounts. Deposita received for fixed periods at rates to be obtained on application.

...II. MORI,

Manager. Hong Kong, 17th March, 1928.

China and Correspondents in Europe,

much

Losch

Mackerel

Sir Woodman, while in no sense sciul and Union Bank of England, crude rubber is provided, say, at a harsh critle of the young man ng Lid.

cast, plus 10 per. eent.. the fac-and woman of to-day, thinks that Garoupa business and Cudgeun given to could The Guaranty Trust Company tories

doubtless produce the time

become dispropor Herrings New York.

New York Bankers: The Irving cheap, useful rubber matting for pleasure has

floors not only sufficient for all tionate. "In the old days," he told albut Storal Bank,

but could representative of "The Dally brux The Equitable Trust Company of loen! requirements, New York.

gradually build up a permaneat Telegraph," "we worked

to supply the longer hours and the opportunities Lobsters Interest allowed on Current Accounts local industry and Fixed Deposite. Terina on applica-world's markets at low prices and for pleasure were few. That was tion,

in time dislodge such expensive bad; but to-day, the pendulum hus Monk Fish Every description of Banking Busi-

floor covering as Hinoleum is."swung to the other extreme, and Mullet ness transacted.

too much thought is given to the Oysters Loans granted on appaved securities. "N. C. D. News."

pleasures that can be had whon Parrot Flab Special facilities for Hom Exchange.

is through. business

Sport and Perch SHOU J. CHEN,

relaxation are good in so far as Pike- they keep a man fit for his busi-Plaice

Manager.

THE BANK OF CANTON, LTD.

Established 1912.

Head Office:Hoog Kong.

Anthuriand Chaplin (U.K. Carrency). 11,000,000 Paid Up Capital ..............

BRANQUES:-

*** 8,601.200

550,000

Canton, Shanghai, fankow, walow, Bartok New York and Ban Francisco,

LONDON BANKERS

4

The Lloyds Bank Limited.

CORRESPONDENTS

lani principal cities of the Wor

Foreign exchange and banking business of atery descripción Liininoted.

Bale Deposit Boxes (various Kizon)ák Kyanily restal of from 3 to $40.

LOOK POONG SHAN,'-

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

MERCANTILE BANK. ..

8 Per Cent.

Final Dividend Of

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