1928-10-11 — Page 2

RONG KONG AND SHANGHAI BANKING CORPORATION.

sushorised - Capital

Lassed and Pully Pullup summoner $30,000,000- As: Panda (ma..

Chating

muncul 6,000,000

Ports Clability of Propeissors manual

HEAD OFFION: HOYOKONG

COURT OF DIRECTOLS. AI. Compton, Big

• it. Boil Boc

*

Ühelmed

N. *. Brown, E., Deputy Chairman,

Mi, B. D. F. Baith, W. L. Pullendam, Esq.

7. A. Planinar, Mag. Mr. 0.0, 8. Mackla, T. G. Weall, Esq.

P. W. Many, Esq. II. P. While, Faq.........

Chla! Manger tion. Mr. 4. C. Kysee

BRANCHES

LUOT

MASAKOK

MATANTA BOMBAY MALUSTTA

LANDON YATOKE MALACCA

"

MANTLA

MOSEDEN

VISTON

NAGAKAKI

GUETOO

INTAN BO

DAIRY MACHOW HAIPHONG

HAMBURG

BANKOW RIEBIN

GONDERW

ITOMO -

[#

JOHORE

TOR

ETALA LUMPUR..

!

NEW YORK

PREDNO

PENANG RANGDON

BAIGON

BAN FRANCISED

KHANGHAI

RING APOBR

BOURADAYA

GUMILEY, PATANI TIRXTAIN

TOKYO

TSINGTAO

YOKOHAMA

Cement Arrougle opened in Local Currier and and Deposita esived for one THE W churter periode la Local Durrancy ant kiellay, - berth which will be quoted on application. Hong Kong, 101å Bogtember, Me.

HONG KONG SAVINGS BANK.

The Busions of the shore Bank is opaduct-

ed by the HONGKONG AND SHANOIAt -

BANKING CORPORATION. Bulmay ba chisized on application.

FOR THE “LONOKONG BANKING CORPORATION.

+

UHANGHAI

A. D. HYNES,

Chiat Manager.

Borg Kong, tatli "depleteder, 1967.

NEDERLANDSCHE HANDEL MAATSCHAPPIJ.

NETHERLANDS TRADING SOCIETY)

DANEEXY.

Katabilabed 1921.

Hong Kong -11 Queen's Toad Osamal.

Atherland Capital Care 260,000,000- (ELS 30.000.) Gallimes- #0.000,006- (26.066.870.) Geildars 60,000,000

Push Up Capil ........

Beste Fund

kland 19tion={ANSTERDAM'). Eater Head Scer—BATAVIA" MRAKOBEStiandjarmada Bandeng') Bombay,

Calcalls, Cheribon, Fadak, Djember. Dlokjakarta), The Hagus'), Lol, Xow Redis, Makomar, Medan, Foden Palembant Pekalongan Penang. Pontianak Bangoon," "Bosseiao"" Bemarang"), Diezghai, Bibola

Bon

Bosenkarte' (Bals). Tegal, TŞÜN and Wallereden.)

? These clone have info dapoślą boses to dis. Landen Bankers(~~National Provincial Bank KAL

Correspondante nål over the world

Banking bualança of stery description SERIAL

O. STERNETA,

Hong Hoog. With Augut, 12899-

BANQUE DE L'INDO-CHINE.

HEAD OFFICE:

16, Boulevard Haussman, Paris.

Sbscribed Capitál .... Fru:72,000,000,00

Up Capital....Fr. 68,400,000.00 Reserve Funds ....Fra.102,000,000.00

BRANCHES: Bergkok

Quinhen Hapoi Battambang Hong Kong Baigon

Gunthe Hoasta Shanghai Canton Nam-Diah, Singapore-

Noumea Dijibouti

Fort-Bayard Paperto

Tintain Tourans Haiphong Peking

h Hankow Pnom Penh Yunnanfe ... Pondicherry .. BANKERS:

IN FRANCE: Comptoir National d'Escompte de Paris; Credit Lyonnale; Banque de Paris et des Pays-Bas, Credia Industriel et Commercial; 8ociate

General:

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

IN NEW YORK: J. P. Morgan, a Coj French American Banking Cor poration; Guaranty Trust Co. of New

York,

Interest-allowed on Current Accommis

- and `Fixed Deposits," according to

arrangements.

--Every --description of Banking and Exchange Business transscted.

·Bafe Deposit Boxes to lat.

CH. LEM

Manager.

Hong Kong, 28th August, 1928.

行跟商工法中

BANQUE FRANCO-CHINOISE

pour le

Commerce et PIndustrie (Incorporated in France).

Princi's Building, Chater Road, Hour Hong.

HEAD OFFICE) '74. Bas St. Lazaro, Paris.

Capital fully paid’up * Frs.50,000,000 Epscial working capital: ......Fra.50,000,000 Reserves

„Fr#.22,819,000}

BRANCHES:

Paria; Lyons, Marseilles, Salgon,

| Halphong, Hanol, Tourana," "Quinbon,↑

Hus, Thanh-hos, Vish, Pnom Penh,

THE CHINA MAIL,

COMMERCE

FUTURE OF NITRATE

SALES AGREEMENT THAT. GIVES HOPE

CHILEAN INDUSTRY

The Chilean "nitrate, industry is

AND

FINANCE.

GOLD PURCHASES

FURTHER PURCHASE BY UNITED STATES

MORE FROM LONDON

New York, Yesterday,

CANADIAN TRADE

100 NEW FACTORIES IN 183

MONTHS

SOUND DEVELOPMENTE

Montreal.—The Canadian Bank [of Commerce which has made a careful survey of recent develop- ment In Canada finds that during the last eighteen months. over two hundred important extensions have been added to existing manufactur- ing plants and over one hundred new factories have been erected.20 A criterion of the remarkable Forlag, Shanghai, Tientsin, Hong in recent years of a failure to re-ballion in London for shipment to throughout the country Is the The purchase of $3,000,000 gold industrial expansion taking place New York brings the total of gold statement that Canadian manu imported to America from Britain facturing plants are turning out in to $18,000,000 since the recent fall physical volume approximately in the value of sterling Renter's 140 per cent of the output reach- American Service.

ed at the peak of war time activity ten years ago, and in spite of lower CANADIAN WHEAT prices their products have a gross

value over 20 per cent. higher. TEN THOUSAND BRITISH HARVESTERS REQUIRED

Kong

one of the most outstanding examples

BANKERST

cognise the danger of competition FRANCE:Boclete Generale, Banque and to take adequate steps to meet Nationale de Credit, Banque de it. It was early in 1925 that atten

· Paris et des Pays-Bas

tion began to be drawn in some | LONDON:--Midland Bank Ltd.

NEW YORKAmerican Exchange quarters to the growth of the Irving Trust Co., Banca Commer Synthetic Nitrogen industry. The ciale Italiana

estimated consumption of Chilean Nitrate in terms of pure nitrogen Every description of Banking and fell from $40,000 tons for the year Exchange Business Transacted. Corto June, 1924, to 271,000 tons for the respondents throughout the world.

SAN FRANCISCO:-Bank of Italy.

L. BERNIS,

Manngor. Hong Kong, 3rd August, 1928

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA. Incorporated by Royal Charter, 1868,

HEAD OFFICE: LONDON. Paid-up Capital Heserve Fund .... Reserve Liability of Propria-

tors

year to June, 1927. In the same period the estimated consumption of synthetic nitrogen rose from 356,000 tons to 785,000 tona,AND.

CROP ANTICIPATIONS

Ottawa. Satisfactory

-arrange-

The value for 1927 was recently {stated to be in the neighbourhood of ́$3,500,000,000 or about $250,- |000,000 above the figure for 1926. This constitutes a record in the history of the country and fudicates The reason for this radical'

in no uncertain manner the extent change in the figures was to be meats have been completed with to which Canada has shared in the the British Government for the found in the fact that the synthetic product was obtainable at a much movement of harvest help from the general industrialization of non- more attractive price than the British Isles to the wheat Bolds European countries since the war,

Mr. S. H. Logan, general manager natural nitrate. The Nitrate Pro- of Western Canada, according to £3,000,000 ducers Association, which con- a statement issued by the Canadian of the Canadian Bank of Commerce, {commenting on these figures draws 1,000,000 trolled the price of Chilean Nitrate Department of Immigration and attention to the general growth of

from 1919 onwards, had maintained Colonization: This movement,

•£3,000,000 it at a high figure having little which will begin at once, will be industry in recent months.

At the end of 1926, the capital relation to the competition. This under the direction of the British was probably justified to some ex- Government, the Canadian Na-invested in Canadian plants stood tent by the high level of the duties tional Rallways and the Canadian at four billion dollars, but this has and taxation imposed by the Chilean Pacific Railway, The two rail-ince been largely increased by ex- tensive additions, to plants and the Government. There is now, how ways will be responsible for plac- ever, little point in discussing with ing the men in harvest employment erection of new factories, notably whom the responsibility tay. In on their arrival from the Old in the pulp and paper industry, the May, 1927, the powers of the Asso- Country, and the Dominion Govern- all, the automobile and allied manufacturing of real and artificial elation as regards sales were nulli- ment and the provincial govern- trades and in concerns supplying fed by an agreement of the pro-ments will co-operate with the rail construction materials and house ducers, and in April this year "free ways in placing these harvesters hold goods of all kinds.

In winter farm employment in Canada after the rush of the bank showed that in 1926, the last An analysis recently made by the harvest work is over.

Agencies and Branches:

ALOR ITAR-T

*{Malay Mando)

AMRITSAR

BANGKOK BATAVIA BOMBAY CALOUTTA.. BANTON САФИРОВЕ

CULOMBO DELHI HAIPHONG BANGU

KUCHING KLADILA A MANUA MEDAN

NEW YORK PEKINO PENANO PEBLAWAN RANGOUN HAIGUN BEMARANG BEREMPAN BHANGH BINGAPORE SOUBABAYA

HARDIN (N. Manchuria) TAIPING

LANKOW

EING KONG

LLULLO

[POI

КАПАСНЕ

KLANG

КОРЕ

KUALA KANOSAB

KUALA

(PALS)

TAVOV

TIENTSIN

TOKYO

TONGKAT (D1)

TSINGTAO YOKOHAMA ZAMBOANGA

(Philippine Islands)

Foreign Exchange and General Bank Ping business transacted.

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

A. H. FERGUSON,

Manager. Hong Kong, 3rd April, 1928.

THE BANK OF TAIWAN, LTD.

,"

(TAIWAN GINKO).

HEAD OFFICE: Taipeh, Forman Incorporated by Special Imperial Charter, 1899,

Central Bank in Formoss. Bank-Notes

laund Average amount Yen 45,000,000

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

selling" of the product started. The immediate result was a fall in the price of natural nitrate from around 19s, 9d. per metric quintal to about 15s: 9d. Increased demand was felt and the estimated con- sumption of the natural product for the year to June last shows an in- crease at 390,000 tons of pure nitrogen. It must be noted, how- over, that synthetic nitrogen also shows an increase in consumption to 900,000 tons,

Satisfactory arrangements have year for which figures are avail- been made for the return fare able, the value of Canadian pro- those harvesters, for whom winter dacts added by manufacture was farm employment cannot be found,500 per employee, which com- London-Despite the objection! Pares favourably with the cor- to the scheme voiced by responding figure for the United

States in 1925, namely $2,740,

BRITISH TRADE

Federation, the 10,000 men to go Cook, secretary of the Miners from Britain to the Canadian harvest are rapidly being secured, especially in the northern mining centres. Reports from Liverpool, Bristol, Newcastle, Manchester,

London, Yesterday. Glasgow, Edinburgh and other

The board of trade returns for centres indicate that approximately September show imports totalling half, the number of recruitere £87,682,000 compared with £101,- quired, to harvest the bumper crop 413,000 in September of 1927 and expected in Western Canada, had exports £56,620,000 compared with been enrolled by August 7.

£60,622,000.—Router.

Record Crop Expected Ottawa,- DatAn increase of 658,000 acres in the area sown to wheat in the Prairie Provinces of

Government To Assist Shortly after the introduction of free selling came the welcome news that the Chilean Government was prepared to give some assistance to the industry. This is in the form of (a subsidy of £250,000 for divi- sion among producers, provided no ans are made below 168. Ad. per metric quintal. In addition, a für- ther bonus is to be granted equivalent to any reduction in the price of synthetic nitrogen. The Draka

most recent development has been FORMOJA:-Giran, Kagi, Karenke, the formation of a Nitrate. Sales Canada over the acreage reported Keelung, Makong Nante, Shin Corporation. This is to be a con- in the bulletin of July, 10 is now chiku, Taiche, Tainan, Takao, tral selling organisation for all the indicated by the Dominion Bureau Tamsul Toen, Heito, Taito. CHINA: Shanghai, Hankow, Amoy, producers, with the exception of the of Statistics. Based on statistics. Foochow, Swałow, Canton. { Anglo-Chilean and Grace Com-collected through the rural schoola OTBERS: Hong Kong Singapore, panies, who, for reasons of their the Bureau now states that wheat

Soerabaya, Semarang, Batavia, own, do not participate. This cor- occupies 28,098,505 acres as com Bombay, Calcutta, London, New poration has fixed prices on the pared wih 21,425,656 in 1927, an York, Dairen,

basis of the Government provisions. increase of 1,672,849 acres, of The industry is therefore now which 404,748 acres is in Manitoba, settled on a more stable basis than 811,575 acres in Saskatchewan and The Bank has Corrependants in the Commercial has been the case for many years 456,526 acres in Alberta, Courer in the Bumpers Cominant, Bumi past. The world's consumption of okuna Telagtao, Japan, Indo-Chips, Biam, fadin

In the offlefa! statement. there is Pallippine Thands, days, Africa, UB.A. Burmila nitrogen products is steadily in- given adequate ground for the Drita ad rated which will be quoted on applice purposes it is said that the natural will this year garner the largest Interest allowed on Curant Accounts, and Pizat cressing. For many agricultural general expectation that Canada

s. Depois in Yan oun be abcepted.

J. IHARA, product is preferable to the syn-crop of wheat in her history. Be Manager.thetic, and with the price on a sides the increase of 7.8 per cent, in bata that is more nearly in line the estimated acreage, the condi- with that of the synthetic products tion of the crop was at July 81 there appear to be reasonable hope above the average. As estimated of a return to successful working,"

LONDON BANKERS:

The London County Westminster and Parr's Bank.

HONG KONG BRANCH:

8. Des Voeux Road Central.

Hong Kong, 22nd September, 1927.

THE BANK OF CHINA. 行銀國中

Specially Autherized by Presidential

Mandate of the Republic of China.

Authorised Capital Faid-op Capital ... Reserve Fund ..

18,278,600.00 .9,629,425,24

HEAD OFFICE:- PEKING.

HONG KONG BRANCH:

···· 6, Queen's Road'Central

at least on the part of the well in percentage of the ten-year) catablished producers, whose coats average represented by 100, the are not unduly high.

cóndition of the Manitoba -whoat

Mr.W.D.P. Banda

Sleeps well and Feels well now. Venerable Ceylon Educationalist

Tells How Dr." "Willams"--

Pink Pills Built Up Bis *Falling Health

As an Inspector of Schools Mr As far as the Stock Exchange is crop is given as 108 compared with w D. P. Banda was widely known ou the 22nd of November, 1917): concerned, the market for nitrate 97 on July 81 last year. For in Ceylon for many years. Now, shares, although many millions of Saskatchewan the condition is the since his retirement, he has made $60,000,000.00 British capital is involved, in some same as on the corresponding date his home at Werellagama, a village

what limited. There are some last year, viz., 105 For Alberta near Kandy, twenty concerns whose shares are the condition of spring wheat isSome three years ago my health dealt in. There is, however, a rea-given as 111 compared with 108 failed me," said Mr. Banda recent sonably free market in the shares of last year.

Jy could not sleep well, had no aome of the leading producers. The Bureau's statement also in- Earlier in the year some revival dicates a tremendous increase in

appetite, my nerves were in a very Branches and Sub-branches all over was seen on the introduction of barley acreage in the Pratolaunsatisfactory condition and I THE YOKOHAMA SPECIE BANK, Chies and Correspondents in free selling, and prices in a number Frovinces. Barley, It is stated, sense of general debility, I tried auffered from dizzy spells and a „America, and other parts of the world.

London Bankers The National Pro- of instances registered a good re- has increased from 2,838,846 acres a number of medicines but they vincial and Union Bank of England, covery. Business, however, has in. 1927 to 4104,250 acres, sin had no good effect. My condition

been on a small-scale recently and crease of 1,266,904 acres, Manitoba worried, me and I got worse The Guaranty Trust Company of

pricus, have slipped back the latest showing an increase of 424,806 It was a friend who advised me New York

New York: Bankers:--The Irving developments having had little acres, Saskatchewan, 695,574 acres to try Dr. Willams Pink Pills and National Bank

The Equitable Trust Company ofOne of the best own concerns New York P

you withe Lautaro, Nitrate Company at Interest allowed on Current Accounts This has an issued capital of and Fixed Deposita, Terms on applica 46,889,440 in 26 shares. Dividende Every description of Banking Bush, have been paid throughout the dir- .ones transactedes not

LIMITED.

Established 1980, Capital (fully paid-up) Yen 100,000,000 Reserve fund 15% Yen 102,500,000 Head Offee YOKOHAMA, Branches and Ágsadas att:

Newahwang.

Alexandria.

Batavia. Bombay.

Buenos-Ayre.

Calcutta,

Canton.

Changthium

(Daily);%

New York.

Osake, Peking.

Rangoon.

Rio de Jansfro

· Tongtian (Mukden). Seattle.

Hambur

Hankow. Harbin

Semarang. 3hx? Shimomórekl.. Singapore,

Loans sanfod en approved securities Special facilities for Home

SHOU J. CHEN,

acreage:

8.206,087

ficult parfod, though the 8 per cent of the paid for the year to December 31 last compared with 15 per cent for

1925 and 5 per.

profits howe $76,851 to

THE BANK OF CANTON, LTD. for the exper

tain ofcinas,

the shares is are The Britishi Trading

cont

the ye

company Interes

tribu

Net

Lam glad I did, for e change fret bottle. I not

ment in my con

THURSDAY, OCTOBER 11, 1928,

KAIPING COAL

HOME

FOR HOME FACTORY & POWER HOUSE.

FACTORY

AND

BUNKERS

For Price Apply to

POWER

HOUSE

TUGS &

LOCOS.

THE KAILAN MINING ADMINISTRATION.

DODWELL & CO., LTD; Agents, Hong Kong.

MONKEY

BRAND GUINNESS SIGT

ASK FOR

GUINNESS STOUT (Monkey Brand) BASS L. G. ALE (Stones)

Stocked By

Mesara. CHAN YUEN," Cochrane Street, Hong Kong.

Messrs.

HUNG CHEONG," 66; Nathan Road, Kowloon.

Sole Agents:

WAI ON TSEUNG, LTD.

China Building. Tel C, 3313.

DAILY CROSS- WORD PUZZLE.

(This cross-word puzzle has been made by an expert but our readers are warned to look out for occasional phonetic spellings, such as harbor, plow, and altho.),

15. 17:18

38

58

60

HORIZONTAL

1-Inaminato 5-Short-beaked

pigson og 9-Genus of trees

14.

10

17918

.1!

HORIZONTAL (Cont) 45-Family name of one

of Dickens' antef <characterdude 45-Paur

which Includes the 47-Wholly

- 49-Evaporata

11-Braided cordage (61-Diminutive suffix

13-Beginning to exist - 52-Liberation from 14-Vehicles for the a penalty k

56-Expressed"

merriment,

10-Valuable rock 17-Large monkey. [19–Domostid'animat 220-Lustrous: mineral

21-Telegrama:2

23-Plant peuus which Includes the banana 24-Afirmative 25-Hereditary English 27-8uffix meaning one

charges argament 21-Group or collection -35-Wellton Instrument:

after the

improve-

1. con-

me, and so

appear

ppetite - And" paaceful

ever, so much

gér since taking

Pl

they have dope

ichy person.

péri

onfe

Ing shrub

sical medley

[68 Obscure ||59-8mail whirlpools

[D0-Turning frame" för

|61-Language of

ancient Parala

EVERTICALEA

Malady

And so forth

(Latin: abbr.)

[4-Izül brown color.

B-Anatomy, (abbr) 7-Royal Naval

Reserva (abbr))

: 8-A® kind of broad: -Floor Covering

|| 10-Ons of a serion of¬

it-Brightness

12

15

VERTICAL 12-Annoys 18-Having a large noag lut Humorous), 15-Heaventy body?

18-A defender" 21-Tended

22-Withdrew

26-Ons who brings to portrequired shade of

Foolor 29-Inzest ega

181-Fe

Inine saint

-Having a bankin

14-Pertaining to the

armple |86-Burrounded with"/

27-Blahop'a moart (pl.)

[40-Forest" prominent

25:"Aa'You: 1.0kg 11% #1-Much-quoted swe

orify on our

solution of the above cr088-100rd to-morrow's issue along with a new

HONG KONG HEIGHTS

For the fiformation ofévisit

Hollow list of some of the thest poi on the Island Sant