1928-11-15 — Page 2

2

HONG KONG AND SHANGHAI BANKING CORPORATION.

adskessed Ospital

$86,268,000

Fassad and Fully Faldup come. 931,900,106 Besseys Pandato

Bling

.....2 4,000,000

Lessers Liablilty of Proprisions un..... 000,000,000

READ OFFICE, MONOKONG.

COURT OF DIBKOTONG :--

▲ E. Compton Bay..

Chalm

H., Brown, Zag. Deputy ChairmaA,

Men. Mr. B. D. J. Beth.

W. H. Ball, Aug.

W. Al Pritendon, Mog. J. A. Pigsamar, Beg

Hon. Mr. 0.0, 6. Mackie. T. G. Waali, Mag.

I. P. Whs, Esq.

LONDON LYONS MALACUA

F. W. Manay, Beg

Chiel Hanagut

BRANQUES 1.-

AMOY

BANGEDE BATAVIA

BOMBAY

MANILA

DALCUTTA

MOUEDEN

DANTON

NAGABARI

CHEFOO

NEW YORK

PEKINO

J

PENANG

DOLOMBO

DAIRE'S POOCHOW HAIPHONG

SAMBURO

KANKOW

KARISIN

ZONGLEW

FOILG

JORDAN

KUBY

KUALA LUMPUR

RANGOON

BAX PRANOIVOO

BAKION

SILANGHAL

KINGAPORE

BOURADAYA

BUNDEI PATANI TIENTHIN

TORED

THINUTAO

YOKOHAMA

Cammai 40unir opened lu Local Carraway Fist Deposita received for one your dr skorte paroda" in Local Currajoy and sterling. an bertuta, which w18 to quoted our appliomatosi Hong Kong, lứth Beptember, 1995.

HONG KONG SAVINGS BANK.

The Busiswa of the sbora Bank la condust:

at by the IfONGKONG AND SHANGHAI

BANKING CORPORATION, Bulat may eblained on application.

FOR THE HONGKONG 'A BANKING COMPOMATION.

*

BHANGHAI

A. C. HYNES,

Chal Manager.

Hong Kong, 18h Beptember, 1997.

NEDERLANDSCHE HANDEL

MAATSCHAPPIJ.

NETHERLANDS TRADING BOGLETI)

BANESAS,

Established 1904.

Hsay Long Ofionimit. Quesa's. Boad. Caniçalı

kužberland. Ospital mosios Galldum '160,000,000-

Fait-Up Capital

Barra Farduna manoma? Grüldars £0.000,009-

Eload UionAMSTERDAM"). Easter Band OM04'3--BATAVIA, BRANCILES ¡---Bandjarmsalu Bandung) Bomber.

Calcutie, Cheribon, Jiddah, Dinar, Djokescia), The Hagus'), Kim, Kota-Madix, Makassar, Modas, Padang Palamba Pakalongan, Panare, Ponilanat, Rangoon, Bociandam'), Bazaring'), Bkanghal, ibolga (Bametre), Blagapoca, Bowrabiny Bahia (Bolo Tegal, Tilasjon: and Wederrola")

"There offoes have anda dapoelk boxes to let Leadia Bankers:-Mational, Provincial Bank Table:

Correspondania nổi crac the world

Banking brainseà, of arney

description tabasciad.

0. STREMSTILA,

Hoog Hong, 8ch August, 1998,

Masage

BANQUE DE L'INDO-CHINE.

HEAD OFFICE:

96, Boulevard Hauseman, Paris,

Subscribed Capital.. Fra. 72,000,000.00 Fald-Up Capital.....Fzs. 88,400,000.00 Reserve Funds ....Fra.102,000,000.00

BRANCHES:

Bangkok Hanoi Quinbon Battambang Hong Kong Balgon Catho

Mengtze Shanghai

Canton

Dibonti

Nam

Dinh Bingapor Noumes Tientsin

Fort-Bayard Papeete Tourne Halphong Peking Vinh

Inom Penh Tunne

Pondlaberry

Hackow

BANKERS:

IN FRANCE: Comptoir National d'Excompte de Paris; Credit Lyonnais; Banque de Paris et des Pays-Ba Credia Industriel et Commercial; Bostebi Generale.

IN LONDON: The National Pro- Tincial Union Bank of England, Ltd.; | Comptoir National d'Escompta de Parii: Credit Lyonnais.

IN NEW YORK: J. P. Morgan ♣ | Co.; French American Banking Cor- peration; Guaranty Trust Co. of New Yuk

Interest allowed on Current Accounts and Fixed Deposits, secording to arrangementa. "

行銀商工法中

BANQUE FRANCO-CHINOISE

pour le

Commerce et l'Industrie. (Incorporated in France).

Prince's Building, Chater Road,

Hong Kong.

HEAD OFFICE: 74, Rue St. Lazaro, Paris. Capital fully paid up....Frs.50,000,000 Epecial working capital. Frs.50,000,000 Fr1.22,819,000

Reserves

BRANCHES:

Paris, Lyons, Marseilles, Balgon, Huaphor Hanoi Tourze, Quinhon Hue, Thanh-bon, Vinh, Prom Penb.

Peking, Shanghai, Tientsin, Hong Kang.

THE CHINA MAIL,

HUDSON BAY

TRANSPORT OF GRAIN BY RAIL

COMMERCE.

AND

FINANCE.

IRON ORE

BRAZILIAN DEVELOPMENT BY ENGLISH COMPANY

BIG CONCESSION

COTTON COMBİNE ·

LANCASHIRE'S: MOVE TO REGAIN MARKETS

FOREIGN COMPETITION

For the first time in the history of the cotton industry an attempt! is being made to combat foreign competition in cotton piece goods by means of a vertical combine. During the past few months pro- minent leaders in the cotton in- dustry have been working in close BIG DEVELOPMENTS

co-operation, with the result that it has been found possible to ship certain cotton fabrics to China, "Within the next two years the Rio de Janeiro, Yesterday.

and dispose of them at a satis- prairies of Canada, will be 1,000 The President of Brazil has ap- factory profit in face of the sovere PRANCE:Sociolo Gunerale, Banque miles nearer Great Britain than proved Parliament's endorsement Japanese competition.

Nationalo de Credit, Banque de they are to-day, and much time of the contract between the

The movement originated as a will be saved in the shipment of Itabira Iron Ore Company, Limit-result of investigations carried Paris et des Paya Baz. LONDON:-Midland Bank Ltd. grain to Liverpool, thanks to the ed, an English concern, and the out by Sir Kenneth Stewart, of NEW YORK-American Exchange

Living Trust Co. Banca Commer completion of the Hudson Bay State of Minas Geraes, which is Stewart Thompson and Co., Ltd., Railway," said Mr. Charles Dun- expected to make Brazil one of merchants and shippers, Man- ciale Italiana, SAN FRANCISCO-Bank of Italy. ning, Minister of Railways and the most important producers of chester; Mr. John Grey, of John

Every description of Banking and Canals in the Dominion Govern- iron ore in the world.

Grey Ltd., cotton manufacturers, of Burnley and Manchester; Mr. Exchange Business Transacted. Coment, who is on a visit to London in an interview with "The Daily

Barnard Ellinger, of Ellinger and respondents throughout the world.

Telegraph," recently.、

Co., Ltd., abippers, Manchester; The decision to complete the railway to Fort Churchill is due mainly to Mr. Dunning, and fey difficulties are being encountered in the building of the line. More over, there are no great engin eering feats necessary.

It i Canada's major railway develop. ment, and is a Government enter.

L. BERNIS,

Hong Kong, 3rd August, 1928

and leading dyers. Manager.

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

Incorporated by Royal Charter, 1859.

.£3,000,000 £4,000,000 prise.

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

tors ......

Agencies and Branches:

XUCKING

ALOD ITAR

(Malay Bini) AMBITRANG BANOXOR BATAVIA BOMBAT DALOUTTA CANTON CAWNYDER CEBU GOLAMBO DELHI

MADRAS MANILA WEDAN NEW YORK FERING PENANO PESHAWAR BANGOON BAKION BEMARA NO SELENDAN HILANG LAL BINGAPORE HOUBABAYA

HAIPHONG

BAYBURG

WINDOW

HARBIN (M. Mansharia)

TAIPIND

TONG TỔNG

(P.M.B.)

ILOILO

TAVOY

1P0H

HAHACHI

KLING

Кова

KUALA KANGSAR

Perak (P.1.8) KUALA LUMPUR

TIENTSIN

TOLYO

"Fort Churchill is as near to £3,000,000 Liverpool as Montreal is, and that is why it has been the dream of Western Canada for forty or fifty years to find an outlet on Hudson Bay," said Mr. Dunning. "The difficulty in the past has been that Eastern Canadians did not believe in the scheme, because they thought ice would make naviga- tion impracticable for more than a short season. We settled that by sending out flying officers on Patrols, and their observations showed that navigation of the Hudson Bay Straits could con tinue until almost as late in the year as on the Great Lakes.

TŰNGKAH (Bbasket) TSINGTAO

YOKOHAMA

ZAMBOANDA

(Philippine Islands)

Foreign Exchange and General Bank. ing business transacted.

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

A. H. FERGUSON,

Manager. Hong Kong, ard April, 1928.

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

HEAD OFFICE:-Taipeh, Formosa.

✓ Incorporated

Special Imperial by Charter, 1899

Central Bank in Formosa. Bank-Notes Issued

"Average amount Yon 45,000,000

The contract provides for min- ing three million tons of iron ore annually, at an expenditure of thirty million dollars, rebuilding a railway with a connection to Santa Cruz, and eventually an ex- penditure of seventy million dol- lars for the development of mines and mills. Reuter's American Service.

£6,000,000 LOAN

SOUGHT IN LONDON FOR S.-M. KAILWAY

i

Tokyo, Yesterday,

mer-

Subsequently between sixty and seventy spinners, manufac- turers, dyers, finishers, chants, and banks combined in the scheme. Large consignments of piece goods have been sent to China, and the experiments have proved so successful that a com- pany is being formed for the pur- pose of exploiting this vertical combine system of manufacturing and marketing cotton cloths.

It is understood that the com-i pany will be registered with a nominal capital, but the combine; will have behind it powerful re- sources of some of the wealthiest The "Hochi" claims that it has firms in the cotton industry, learned that Mr. Tsushima, finan- Each of the companies named cial commissioner, who recently will, of course, retain its separate floated the Oriental Development identity, and there is no question Co. loan in New York, is proceed of any amalgamation of firms." ing to. London shortly for the pur-This new development is being pose of opening negotiations for watched with the closest of in- the flotation of a £6,000,000 loan terest by all connected with the for the Southern Manchuria Rail-cotton trade, for it is held in many way.

quarters that the salvation of the Ten Days Advantage

Owing to the national holiday industry lies in manufacturing "When the project is pleted we shall, save not only in the report cannot be confirmed. and marketing through the means

of vertical combines.

com.

distance, but in time. There may be as much as ten days' advan- tage in time in bringing grain from the Western Provinces to England. Freights will be lower because of the shorter journey, and because there will be only one- handling of the grain, whereas on the Great Lakes route grain bas to. pass through elevators two or three times."

In order to decide the most auit- [able spot for the railhead on Hud- son Bay, Mr. Dunning journeyed there himself in company with the engineers, doing the last seventy miles of the journey by

cance,

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

"It was just a pleasant holiday Oiska.

business man," he said. FORMOSA:-Giran, Kagl, Karenko, for a

Keelung, Makong, Nanto, Shin. "We planned this line for grain chicu, Taichu, Tainan, Takao, transport, but we find we have Tamral, Toen, Helto, Taito.

opened up enormous mineral pos- CHINA-Shanghai, Hankow, Amuy,

Isibilities. There is still no better Foochon, Swatow, Canton. OTHERS: Hong Kong, Singapore, way of prospecting than sending Soazabaya, Semarang, Batavia, jout a man with a pack on his Bombay, Calcutta, London, Now back, but even he is able to benefit Tork, Dairon

LONDON BANKERS:

Reuter.

'DAILY CROSS-WORD PUZZLE.

(This cross-word puzzle has been made by an expert but our renders are warned to look out for ocensional phomelic spellings, such as karbor, plow, and altho.).

12

i

13 14

13

E4

15

18

19

20

[22123)

25

26 1247

29

Iv.

30

131

12

133

34

35

36

37

38

139

140

41

42

43

444

45

147

1449

from modern invention., He is

50

51

52

53

154

155

b

57. 1.

58

59

61

*

147

153

64

- 65 bb

6B

[69

72

73

A 176

76

77

The London County Westminster and taken to a likely spot by aero-

Parr's Bank,

plane, the aviator files daily over

4

Cears in the Borop Continent, Basel, pector is ready to move he sign- The Bank has Correspondante la the Commercial the district, and when the pros shuria, Taingiao, Japan, Indo-Chine, Blatz, India, Philippine Pianda, Java, Afrion, O.Šukals to the aviatora blanket treetop is the favourite

Interset allowed en Ourreal áncounty, and Fixed on a Depois se which will be quoted on app signal, I believe-and the aero- plane awoops down and picks him up,

slo. Depolis in Xun osa be accepted.

J. IHARA,

HONG KONG BRANCH:

Manager.

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

THE BANK OF CHINA. 行銀國中

(Bpecially Authorised by Presidential Mandate of the Republic of China on the 22nd of November, 1917).

Authorised Canitai Pald-up Capital

Reserve Fund

"The development of one mine alone is expected to call for an expenditure of fifteen million pounds. Millions of tons of ore are in sight, and that traffic will more than justify the building of the Hudson Bay Rallway."

Another factor is the presence, af several points on the. Nelson River, which for 100 miles $60,000,000.00 parallels the railway, of water 18,278,000.00 power resources which can be de- 0,620,425.24 veloped at minimum cost. In one place 400,000 h.p. is available for development. By the time the railway is completed it is expect- ed that Canada will have spent on Branches and Sub-branches all over it about £10,000,000, but it will THE YOKOHAMA SPECIE BANK, China and Correspondents in Europe, have brought Regina closer to

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

OIL. LEM,

Manager. Hong Kong, 28th August, 1928.

LIMITED,

Established 1881.

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

Yen 102,500,000

Head Offices-YOKOHAMA.

Branchen and Agencies at:

Alexandria,

Batavia.

Bombay.

Newchwang.

New York

Osaka. Peking.

HEAD OFFICE: PEKING.

HONG KONG BRANCH:

4. Queen's Road Central.

Amerion, and other

National Pro-

London Bankers, he told Great Britain by 1,050 miles, Saskatoon by 1,175 miles, Yincial and Union Bank of England,

Edmonton by 1,100 miles, and The Guaranty Trust Company of Prince Albert by 1,300 miles.. New York.

New York Bankare:-The Irving

National Bank.

The Equitable Trust Company of EMPIRE COMMERCE

New York.

Interest allowed on Current Accounts

and Fixed Deposita, Terms on applies-

tion.

Every description of Banking Buel- ness transacted.

Buenos Ayres.

Calcutta.

Carton.

Changchun

Rangoon. Rio de Janeiro. Baigon.

change.

Dairen (Dalny). Fangtion (Mukden).

Hamburg

Hankow.

Harbin

Ban so Honolulu

Kal Toen.

Karschi

Kobe,

Londen

Los Angeles,

Lyssz

galia.

San Francisco. Seattla. Semarang. Shangbal Shimonow. Singapore. Boerabaya. Bydney. Tientala

Tokyo.

Tsinamfu Tsingtau: Vladivostol

(Temporarily closed).

Deposits received for fized perioda

så rutes to be obtained on application

NEW ZEALAND'S

RESOURCES :

Wellington (N.Z.) The Gov-

Loans granted on approved securities, ernor-General, addressing the Special facilities for Home Ex-Conference of the New Zealand Chambers of Commerce, said that

SHOU J. OBEN,

Manager.

it was a calamity for any young country of which the resources

THE BANK OF CANTON, LTD. were endless, to restrict its im

Established 1912.

· Head Office:Hong Kong. Azibariand Caplin) (ILM, Ostraint) 8×1,000,00

OPRA MOHRS 2007. 25. Qualoa, Shanghai, Haklow, twshow,

SPALONDON BAKTERS 100.

migration; such a step obviously. arrests the country's growth.

"How can secondary industries develop without purchasers?" 90,000 asked the Governor-General He did not think that secondary in- dustries were ever assisted by: raised tariffa. To arrest immigra tion was at present nécessary, but of deplorable; there was room for far greater development of primary industries, and for an extension of the market with Great Britain, and particularly with Scotland.

Entrent allowed on Current Accounts, makes manga and baking

kde zake Bones, park) as a poly evated and lemn pe had NOT

LOOK POONG MELAN, Hong Kong, 19th February 17

HORL

Hong Kong, 11th September, 1928.

LO

HORIZONTAL

1-Praface 7-Commanded 13-Wander 14-Saying. 16-Girl's namo,

shortened 17-Buoy up 19-Cool

20-Up and about 21-Spread 22-800

26-Period of time

26-Always

28-Hurried

30-Negativa, 32-Gad of. love 34-Endure.

35-Man's name (short)] se-Mond

88-Nominated 40-Esg!69 42-Part of a dog 48-Kitchen-utonali 44-To blacken, as with soot 46-8166ps 46-Twists 48-Wading bird:

80 Printer's unit

81-Was indebted 83-Silt

כל סרן

©THE INTERNATIONAL SYNDICATE

HORIZONTAL (Cont) 65-Place of worship

(abbr.) |56-Cut off 58–Assort 60-Revärence 02-Odd |65-Exclamation

|67-Taut

(8)-Before

170-Larist throwar

72-Irish Quello

78-Becomes acquainted 75~Telegram (70-Bolied |77-Made a nolue

VERTICAL 1-Make ballave 2-Part 3-Escape

-Allow B-Baby's first word

6-Prepare for

pubitontion

7-A melding

B-Mualoal note

-Printeru menzuro

(pl.)

10-Proportioned

[11-Turkish_governor

12-Wracks

VERTICAL (Cont.)

16-8kin diseREO 18-Wide-mouth pitchar 20-A continent: 23-A metal 24-Out-building 27-Door meat 20-A hermit. jat-Made of oats

33-Pleasing 134-8aga

36-Prank 37-Rodent

39-Human being 41-Poilsh 140-Discounts

46-Cried

|47-Metal wrate

49-Cut. 163-Knowing

4-Above {54-Judgment.

57-Nuda [59-8wift

81-Exfsted

[83–Grass stem

84-Snare

[66-At this place

[88-Place:

71-FORDUBE

73-Pronoun 74-Thus

(Two solution of the above cross-word puzzle will appear in to-morrow's issue along with a new crone-wurd puzzle.)

YESTERDAY'S SOLUTION.

DE JOLTI

R

CHAIN

NED

D

KY

AL

T

ERE

BL

SOWER

“CHINA” LADIES' HAIR DRESSING

SM SALOONAM

Head Office -25. Des Voeux Road Central. Tel. C 6234.

Firal Branch

No. 5, D'Águilar Street, *(For Ladies only)

(Telephone No. C. 6284)

Second Branch

No. 22, Queen's)

·Road

Central.

For Ladies & Genis.)

*- (Rear › Ground floor-of

Bow! Kayamally. Building)A- Your Visit is eordially: welcomed when you will see that our. Treinod Female Hair Dressers give you

every satisfaction.

-Business: Hoaraule 8am to 7 pm, un wocks days. 512 Emeonta 5 p.m. on Sundays,

'THURSDAY, NOVEMBER 15, 1928.

THE

HONGKONG

HONGKONG Hotel; REPULSE BAY HOTEL: PEAK HOTEL,

Telegraphic Address: "KREMLIN, HONGKONG." AND

SHANGHAI

ASTOR HOUSE HOTEL; PALACE HOTEL;. MAJESTIC HOTEL. Telegraphic Address: "CENTRAL, SHANGHAL"

HOTELS,

LIMITED.

In association with the Grand Hotel des Wagons Lits, Peking.

KING EDWARD HOTEL.

Most Modern and Central Hotel in the Colony, all Bed Rooms, newly renovated and installed with Box Spring Beds, Hot and Cold Water, also Telephone. Hotel Launch meets all steamers.

TEA DANCES:

Monday, Wednesday and Friday, 5 to 7 p.m. Tel. Add: "Victoria.". Telephone No. C. 379.

J. H. WITCHELL,

Manager.

Courtesy, Comfort, Service and Luxuries of Modern Hotel Construction

THE HOTEL RIVIERA

MACAU.

Cable Address :-" RIVIERA, MACAU,”

BEWARE OF IMITATIONS

Borsalino

"ANTICA CASA

FONDATA NE)

1887

HEY are used by millions of Men

Twho care for a really superior Hat

This hat is the genuine

BORSALINO.

FINE TEA

FOR PRESENT

SETS

20% off SALE ON:

“MIYAJIMA"

Ground Floor, Hong Kong Hotel Building, 27, QUEEN'S ROAD, CENTRAL.

AT PRESENT, OUTDOOR WORK ONLY

K. FUJIYAMA

PHOTOGRAPHER.

NIGHT PHOTOGRAPHY AND EN-

·LARGEMENTS A SPECIALITY, ENLARGEMENTS CAN BE MADE FROM ANY PHOTOGRAPH. NEW, OLD OR FADED.

WEDDINGS AND GROUPS A FEATURE.

SPECIAL ATTENTION GIVEN TO -DEVELOPING, PRINTING, AND

DEENLARGING AMATEURS'

PHOTOGRAPHS AT A VERY MODERATE CHARGE,

PROMPT DELIVERY. GUARANTEED.

I can give you as good results, as any. Photographer

In the City and better than 95% of them,

TEMPORARY OFFICERCAL

3rd FLOOR, 117 PRAYA EAST, HONG KONG.