1928-11-13 — Page 2

HONG KONG AND SHANGHAI

BANKING CORPORATION.

Anibored Captial

Deeds Fully Paid-up-

Hours Pune

Wheeling dumanand 8,000,000

BT100,00

一行銀商工法中

$50,000,000 $36,000,000

BANQUE FRANCO-CHINOISE

Beserve Elsběilay of Proprietors -$30,000,000

HEAD OFFION: HONGKOND,

BOUET OF DIRECTORA ma

A. II. Compton, Zeq.

Chairman.

H. B. Brown, Bag,

* Deputy Chairman.

Isa. Mr. B. D.. Belih. W. L. Patiendon, Bog. W. X. Ball, Bot.

J. A. Plummer, Meg.

1. W. Massey, Meg.M. P. Walta, Esq.

Chief Manage

Han. Mr. O, Hyne

pour le

Commerce et l'Industrie

(Incorporated in France).

Prince's Building, Chater Road,

•

Hong Kong.

HEAD OFFICE:

74. Rue St. Lazare, Paris.

THE CHINA MAIL,

COMMERCE

|RUSSO-ASIATIC BANK

Capital folly paid up....Frs.60,000,000 SHANGHAI BUILDING PASSES Special working capital..Frx.60,000,000 Reserves

......Fra 22,319,00

BRANCHES:

Paris, Lyons, Marseilles, Salgon Halphong, Hanol, Tourane, Quinnon Hui Thành hoa, Vinh, Phẩm Penh.

BANONES

Kong,

ANOT

BANGKOK

LONDON LTONS

BATAVIA

BOMBAY

DALOUTTA

CANTON OXYCO COLOMBO DALENG

MALACCA

MANILA

MOUKDEN

NAGASAKI

NEW YORK

PERING

PENANG BANGOON

SALOON

BEANDHAI

FOOCHOW

XILIPHONG

HAMBORO

BAN FRANCISCO

BANKOW

MALBIN

SONGEAW

ILOILO

POET

HONORI PATANI TIENTSIN.

TOFORE

KO

KUALA LUMPUR

BINGAPORE

BOURABAYA

TOKYO

TSINGTAO YOKOHAMA

Cares Acouse opened in local Curriez and Fixed Depoalla replyed for one year sherlar pariods in Local Outraty and klorling

un terma which will be quoted on applicgalog. Hong Kong 10th Beptember, 1939.

HONG KONG SAVINGS BANK.

The Bagless of the sbore Bank is conduct od by the HONONONG AND ELANGIA! BANKING COMPONATION. Buler may be shained on application,

FOR THE LONGKONG & BANKING CORPORATION.

SHANGHAI

A. Q. HYNES,

Clint Mansgs.

Hong Kong Hth eptember, 1967.

NEDERLANDSCHE HANDEL

*MAATSCHAPPIJ.

(NETHEULANDS TRADING 600IETY)

DANKEES.

Katubiliked 1924.

Hong Kong Gon:-11' Queen's Road Central.

Autherland Capital

Pad-Up Capital

Becerra Fund

ulida 280,000,000

[213,400,000.)

Quild 0,000,000

(ELÁNA,È70.) Guildare 60,000,900- (1,15.12.)

Iland 12-(AMSTERDAM”). Xaviera Mead Office LATAVIA. 'BHANOUKM :---Dandjermal Bandeng) Dombey,

Calcutta, Chariton, Ji, Djembe, Dakkaria, The Hague'), Kobe, Eoin Badia, Makassar, bladan, Pau Palabang Pekalongan, PASAGY Prutiama, Bangoon, Bolsaedam i, Bemarang"], Bhanghai,

bolgs (B) Blagagara Bowrabais, Barakar (lule Tegal, Tjil and Wateredan.")

"Theis años barn sate deposit bozus, ša let. London Backare-National Provinsist Banks Likel

Decrespondents all over the world

Tanking business of stary

description tramoled.

0. STEENSTRA,

Hoo Kong. 8th August, 1928

Manage.

BANQUE DE L'INDO-CHINE.

HEAD OFFICE:

98, Boulevard Haussman, Paris.

Subscribed Capital.. Frs. 72,000,000.00 Pald-Up Capital....Frs. 08,400,000.00 Reserve Funds Fra.102,000,000.00 BRANCHES: Bangkok Handl

Quinhon Battambang Hong Kong Saigon

Dijbouti

Fort-Bayard Papeete

Haiphong Hanków

Mengtze Shanghai Canton Nam-Tinh . Singapore

Tientsin Noumea

Tourana Peking Vinh Pnom Penh Yunnanfa

Pondicherry BANKERS: IN FRANCE: Comptoir National Escompte de Faris; Credit Lyonnais; Banque de Paris et des Pays-Bas; Credit Industriel et Commercial; Bociate Gunerals.

IN LONDON: The National Pr Tincial

& Union Bank of England, Ltd.; Comptoir National d'Escompte de Paris; Credit Lyonnals.

IN NEW. YORK: J. F. Morgan & Co.; French American Banking Cor peration; Guaranty Trust Co. of New Fork,

Interest allowed on Current Accounts and Fixed Deposits according Arrangements.

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

OHL. LEM,

MRKETET.

Hong Kong, 28th August, 1928.

·LIMITED.

BANKERS:.

Paris et des Pays Bai. LONDON:-Midland Bank Ltd.

NEW YORK:-American

ciale Italiana.

SAN FRANCISCO:-Bank of Italy.

TO CENTRAL BANK

AND

FINANCE.

SPANISH OIL

POWERS' CLAIMS ON THE MONOPOLY

CRITICISM REPRESSED

EXCHANGES.

TO-DAY'S QUOTATIONS.

On London- Bank, wire

2/- 1

Bank, on demand... 2/- 5/16 Bank, 90 days' sight. Bank, 4 months' sight 2/- f Credits, 4 months*

sight Documentary 4 months'

sight

On Parks-

On demand Credits, 4 months'

*sight,

On Berlin-

2/14

དྷྭ

2/1

1

12572

13322

49%

On Calcutta-

1344 1:44

1844 1844

86%1⁄2

A NEW DIVIDEND

Shanghai, Yesterday, After a protracted Interruption, The Russo-Asiatic Bank build- due to the absence from Madrid Poking, Shangbal, Tientsin, Hanging on the Bund has been sold by throughout the summer of the prin

the liquidators to the Central cipal authorities concerned, the On demand FRANCE:-Societe Generale, Banque Bank of China for 1,400,000 taels, negotiations between the Spanish On New York-

Nationale de Credit. Banque de following negotiations between Government and the British. On demand

Mr. T. V. Sopng (Minister of American, and French oil groups Credits, 60 days' sight 60% Exchange Finance) and the Chinese Mari-whose establishments have been! On Bombay- Irving Trust Co., Banca Commer-time Customs authorities, which confiscated under the Spanish oil Wire

held the title deeds of the pro- monopoly legislation, have at last On demand perty.

heon resumed. The Customs, which had a

The prospects of fair and ade-wire the Russo- credit balance at Asiatic Bank of nearly 1,086,000 quate compensation being obtained On demand

by the expropriated companies

On Singapor- tnels detained the title deeds on

(writes, the Diplomatic Correspon-↑

On demand the ground of a lien on the pro-dent of "The Daily Telegraph"), perty.

On Manila- Mr. T. V. Soong arranged with are understood, however, to be

to reduce their little brighter than before. Nor is On demand ......... 98%

On Shanghal-- THE CHARTERED BANK OF the Customs

claim to 80 per cent. whereupon any definite Information available

which On demand

77% INDIA, AUSTRALIA & CHINA,

the title deeds were restored to regarding the final reply

Madrid intends to make to the 30 day'a sigři (private

paper) Incorporated by Royal Charter, 1853.

The sale of this property bene-strong British protest against the HEAD OFFICE: LONDON,

On Yokohama. £3,000,000 fits creditors of the Russo-Asiatic attempt by the Spanish Govern Paid-up Capital

£4,000,000 Bank to the extent of 531,000 ment to avoid payment of the even- On demand Reserve Fund ...

taels, and it is learned that the tual compensation to the foreign Gold Leaf, 100 fing Reserve Liability of Proprio-

(per tsel companies in un 'exportable form.! .£8,000,000 tors

Sovereigne (Bank's e.g., the latter's own currency,

The Scheme

Every description, of Barking and Exchange Business Transacted. Cor respondents throughout the world."

L. BERNIS,

Manager Hong Kong, 3rd August, 1928

+

ALON OTAN

Agencies and Branches:

KOCHING

(Malay Biale)

AMRITSAR

BANGKOK BATAVIA BOMBAY OLLURTIA CANTON

MABRAS

MASILA

MEDAN NEW YORK PEKING PESANO PESHAWAR MAMILION

SEMAHASO

DAWNPODE DEBU COLOMBO DELAI

NAIDOS

SEREMBAN

HAIPHONG

SANGHAI

HAMBURG

BINDJARDE

HANKOW

NOI BAHAYA

HARBIN (N. Manchuria)

TAIPING

(PLN)

ILOILO

IPOH

КАЛАСТТ

HONG KONG

KLANG

хав

KUALA KANGSAR

Perak (1 FUALL

TAVOY

TILAASIN

TORYU

TONGKAH (buket)

791NOTAO

ХОКИНАМА

ZAMBOANGA

Philippite Islanda)

Foreign Exchange and General Bank- ing business transacted.

Current Accounts opened and Fixed Deposits received for 1 year or shorter poriods 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, Formoss. Incorporated by Special Imperiai Charter, 1899.

Central Bank in Formusa. Bank-Notes issued

the owner.

In Business Now

The Countess of Carnwath, who has firm Average amount Yen 48,000,000 taken over the business of a

noted for its beautiful ornamental glass and intends to remain in trade.

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

FORMOSA-Gizan, Kags, Karenko, liquidators will dispose of this Keelung, Makong, Nanto, Shin- amount by declaring a new divi- chiles, Talchs, Tainan, Takao, dend for creditors of all branhhes

under their control,-Reuter,

Tamsul Toen, Heito, Taito. CHINA: Shanghai, Hankow, Amey,

Foochow, Swatow, Canton. OTHERS-Hong Kong. Singapore, Batavia, Soerabaya, Semarang, Bombay, Calcutta, London, New York, Dairen.

LONDON BANKERS:

The London County Westminster and Parr's Bank.

Deposit rien which will be an

SOVIET OIL

ANGLO-AMERICAN PACT.

buying rate)

105

0.55

204

It may be of interest to survey Silver (per oz.) the results of the working of the Bar Silver in Hong

4% prem monopoly during the first eight Kong months of its operation. It must Chinese Copper Cash nom.

Chinese Copper Cents 6% prem be remarked, however, that the

Rate of Native In- Spanish Government has issued de-

terest

.... 7% p.a. erees rendering published criticism Chinese Sub. Coin.. 31% dis. of the monopoly and the regula Hong Kong Sub. Coin Par.

tions which govers it a criminal;, offence punishable by imprison- ment or fine, and, in the case of newspapers, by suspension or sup- pression as well,

The oils are now supplied by the Government, which gives no under- taking or information concerning their origin, except where special' and expensive brands are asked

for in their initial form. Orders! are placed in the first instance with the "Campsa," or Monopoly Company, which transmits it, with, the necessary apecifications, to one of the firms or branches which enjoy a licence to collect and de- liver oil products.

Over and above the immediate payment of the Government duties. and taxes, the cost of transit, freight, insurance and depot, there is a charge of 80 centimos, per kilogramme Spanish subjects are | forbidden to transact any business with foreign oil concerns except through the medium of the State,

and any endeavour to import all directly is punishable by seizure of the oil imported, a heavy fine,

and the temporary or final can cellation of the licence.

Inferior Oil

LONDON EXCHANGES.

Paris New York Brussels Geneva

London, Yesterday.

124.10

4.84 13/16

31.89

26.20

Amsterdam Milan

12.073%

92.56

Stockholm Berlin

18.14

20.36

Copenhagen

18.19

Oslo Vienna

18.19

34.49

-Prague

1634

Helsingfors

1924

Madrid

30.075

107

375

Lisbon

Athens Bucharest Rio

805%

6 69/64

17 15/32

Holiday

2/7/2

Holiday

Buenos Aires Bombay Shanghal Hong Kong Yokohama Silver Spot Silver Forward... 26 13/16

-British Wireless Service.

1/11 132 2634

TOTAL GRAIN FIGURES ISSUED

It had been claimed by the Gov ernment, on behalf of the mono- poly, that a consequence of the A Washington despatch to the latter would be a marked reduc- CANADIAN HARVEST New York "Evening Telegram" tion In price. Here and there, not- The Bank hese Correspondents in the Commercial comments on the purchase by the ably in regard to lubricating oil, the pre Dechese Lit European Continent, Hussie, Burma Oil Company of 883,333 slight reduction in okula, Tringiao, Japan, lode-Chips, Siam, India, Philippine hands, Java, Abia, U.8.A. Austral shares of the Shell Company as monopoly prices has been record- combination of ed. But, in the first place, this ail trusts-Royal | reduction only affects products of

Winnipeg (Manitoba).--Figures Latest allowed as Currans Accounts, and Fixed completing the Non. Depute to a quated applies three British

Datch, Anglo-Persian and Shell-so inferior a quality as compar- showing the size of this year's for the purpose of forcing Soviet ed with that previously sold by Canadian harvest were published of the North-West Russia to her knees by shutting the foreign companies that the in the report off oil revenues.

manufacturers of transformers de Grain Dealers* Association. The British combine (says the eline to guarantee the proper crop. WAB New York correspondent of the functioning of their apparatus if Wheat, 558,000,000 bushels. "Sunday Times," quoting the des- the ordinary Government article is Oats, 319,000,000 bushels. patch) has formed an alliance with used. Those industries which use the Standard Of (of 'New Jersey) transformer. olla are therefore

J. IHARA,

HONG KONG BRANCH:

Manager,

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

THE BANK OF CHINA.

行銀國 中

(Specially Authorised by Presidential

Mandate of the Republic of China

to

Authorised Capital

Paid-up Capital Reserve Fund

Ltd.

HEAD OFFICE: PEKING.

HONG KONG BRANCH:

4 Queen's Road Central.

The

Barley $1,000,000 bushels. These totals are slightly in ex-

to, close the world markets to compelled to purchase certain cess of the official Government es

with anti-Soviet Governments for the use of mixed mineral and

TUESDAY, NOVEMBER 13, 1928.

HIS HEALTH MEANS YOUR HAPPINESS.

A matter of much concern to you! is the selection of the right remedy to give your child when he is out-of- sorts, or ill. It is to fill this need of yours, and his, if the trouble arises in the child's stomach or bowels, as most of childhood's allments do, that Baby's Own Tablets have been apecially, devised. Pleasant alike In appearance and taste

Baby's Own Jablets

are easy to administer because children like them. And they are guaranteed an absolutely safe and harmless remedy, even for the youn-: gest babe in arms, for infantile in- digestion, colic, bowel troubles, teething pains, feverishness, croup and 'colds, also to expel worms.

Your chemist can supply Baby's Own Tablets, or post free, 60 cents the vial from the Dr. Williams' Medicine Co., 60, Kiangse Road, Shanghai.

Under - nourished

and sickly children especially need the health and body bulling properties of

'BEAR BRAND'

NATURAL MILK

"It is truly a super food!"

Sole Agents for II.K. & So. Chine A. B. MOULDER & CO., LTD. China Building, Hong Kong.

--

HONG KONG HEIGHTS

For the information of visitors. the following list of some of the highest points on the Island and Mainland is published:-

Island.

Victoria Peak

Mt. Parker

Feet.

1823

Signal Statina

1774

1734-

Mountain Lodge

1725

The Eyrie

1720

Peak Hotel

1805

Taikoo Sanatorium

1000

877

Bowen Road. (filterbeds)

207

Talmoshan'

3124

Metaland,

Feet.

Taimeshan

3124

1971

Mt. Davis

Kowloon Peak

Trans-Atlantic Flier's Crash.

Miss Amelia Earhart, the trans-Atlantic aviatrix, after her "Avion" had done a ground loop. Also Mr. George Palmer Putnam, a publisher, who was her passenger,

Levine's Junkers Monoplane.

on the 22nd of Novembar, 1917). Soviet Russia, and thereby even-branded products of foreign origin timate made in September.

tually control the rich Soviet oil and high quality. But these are Threshing in the Prairie Pro- .$60,000,000.00 | fields.

heavily taxed by the Spanish Gov-vinees is nearly completed, thanks 18,278,600,00 The plain whereby Soviet 'com-ernment.

to the generally favourable autumn 9,629,425.24

petition will be eliminated, it is Then, again, where the cond, weather conditions of the past naid, la to arrange in countries tions of the industry necessitate month, and there are indications that a record acreage has been preferential tariffe and anti-dump- vegetable oils, there has been a prepared for sowing in the coining Branches and Sub-branches all over ing regulations, which will make heavy increase in cost, because spring. THE YOKOHAMA SPECIE BANK, China and Correspondents in Europe, Soviet oil prohibitive in price in such mixtures also are very high-

Amerles, and other parts of the world. those markets.

ly taxed, whatever their propor London Bankars: The National Pro- In countries friendly to the tions, even where not. more than vincial and Union Bank of England, Soviet a rate war is to be conduct 10 per cent. of vegetable oil enters The Guaranty Trust Company ofet to force Soviet oll out of the into their composition. In other

įmarket,

words, the advantage of the meno- New York.

New York Bankers: The Irving The plan is said to have wide poly to the Spanish Industries ta The Equitable Trust Company of political and diplomatic signific- far from obvious.

ance in forcing Soviet Russla, by The task of defending the inter- Interest allowed on Current Accounts cutting off one of its chief means ests of the British companies and Fixed Deposits. Terms on applica of revenue, to come to terms with which have suffered from the capitalist Governments regarding effects" of the Spanlah Oll Mono- Every description of Banking Busi- the questions of expropriated pro- poly is among the most urgent and !ness transacted.

Leans granted on approved securitier.perty, debts, and of diplomatic re-important of the duties which will Special facilities for Home Ex-lations.

devolve upon Sir George Grahame, change.

In answer to the effort of the the new British Ambassador to Standard Oil and Shell Companies Madrid. Manager.

Fatablished 1890.

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

Yen 102,500,000

Head Office:-YOKOHAMA.

Branches and Agencies at:

Alexandría.

Bataria.

Bombay, Нцепов Ауток. Calcutta.

Canton. Changchun.

Dairen (Dalny). Fangtien (Malden).

Hamburg. Hankow. Farbla.

Hong Kong.

Honolulu. Kal Tuan:

Karachi

Kebe.

Londen.

Los Angeles.

Lyonk

Martia

Nagsaki

Nagoya,

Nowchwang. New York, Osaka. Peking. Rangoon. Rio de Janeiro. Saigon. San Francisco. Senttia. Semarang.

Shimonow.

Singapore. Seerabaya, Bydney. Tientsin,... Tokyo.

Tsinanfa Tsingtau.

Vladivostok.

(Temporarily closed).

Interent allowed on Current Account Deposits received for fixed périoda at rates to be obtained on application

H. FIORI,

Manager. Hong Kong, 11th September, 1928.

National Bank.

New York.

tion.

SHOU J, CHEN,

THE BANK OF CANTON, LTD.

Established 1912.

Bend Office-Hong Kong.

Authorised Ovellit. (H,KC Currenat) .......§11,000,000 Zad Up Capital 8,684,300 Mawarra Fund um

B60,000

· BRANCHES

dansen, – Kanghely, Khalov, _Buslow; Bangkok, New York and Bas Tassimo.

-LONDON HANKKEN 1-—— The Lloyd's Bank Limited. COLRESPONDENTS

En ali pelinipal nilies at the World. Tralyx sealsága and backing bustom of atory disciption, tesmancied. «

She Depanda Blame (vario dam) ay

LOOK POONG SHAN,

Chief Manager Hong Kong, 19th Fabeuary, 1937,

to reduce the Russian output of mineral oils (says a Riga mess- age), the. Soviet Government has

directed ita oll trusts to increase

the output.

TRADE RETURNS

Statistics show that the output INCREASES IN IMPORTS AND

of the Groany Trust has been

3,442,000 tons during the past economic year, and that it is expect-

EXPORTS

London, Yesterday.

of

ing a 15 per cent. Increase for next. The Board of Trade returns for year. The Soviet Government's at October show imports of £102,- titude is intended to increase the 645,000 and exporta of tension between the Russian $84,312,000, increases, Naphtha Syndicate and the British $14,968,000 and $7,692,000 respec and American concerns, which the tively compared with September. Sovieta believe will end - in the -Reuter. Americans siding with Russia. ⠀

Photo of Mr. Charles A. Levine's (the Atlantis sinnan) Junkers monoplane, "Queen of the Air,

insot, Bort Aecata, the pilot, and Miss Mabel Boll.

"and