1928-12-01 — Page 2

HONG LONG" AND "SHANGHAI BANKING CORPORATION.

Immed and Polly Pull-up umuusmus. 000,000,000 Buoncus Funkt |-

Bettingenul 6.800 300

Baservo Liability of Propeladors 800,200,000 HWAD OFFLORĮ, HONGKONG.

COURT OF DIRECTOES

A. IL Compton, 4g. Whatnya.

1. G. Brown, Žaj. Deputy Chairman.

Xon. Mr. J. D. P. Balik. We La Pallondon, Bag

J. A. Hummer, Esq. T. 3. Woell, Hag.

Y. X. Bali, q

15. L. Lawle, Kəq.

Kap. Mt. 0, 0. 1. Mashia. H. P. While, Tag.

Chial Manager

AMOX

MATAYKA

Hon. Mr. A. O. Elyses

ЭВАНСНЕЯ 1

LONDON

BANGKOK

LYONS

MALAGOA

MANILA

MOURDEN

NAGABAKI

NEW TORK

MONDAY

OLLOUTTA

CANTON

DIEFOO COLOMBO

PREING

PEKANO

BAIDON

DAIRES

FOOCHOW

BANGOON

MAIPHONG

KAMBORG

BAN PUANCISCO

HARKOW

BHANGUAL

HARBIN

ВІКТАРОВА

KONOKEY

ILOILO

1010

KBSE

KUALA LUMPUR

KOURADAYA BUNGHI PATAM TIENTRIN

ΤΟΠΙΟ

TJINGTAO

YOKOHAMA

Current Accounts speed is Local Durransy and Fixed Deposita esived for one you st harte periods in Local Carrey and Sterling en. Jerma, which will be quoted on application. Hong Kong. 29th November, 1928.

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..Fra.50,000,000 Special working copliat Fes.50,000,000 Reserves

Frs.22,319,000

BRANCHES:

Paris, Lyona, Marseilles, Saigon, Haiphong, Hanoi, Tourane, Quinhon, Hue. Thanh hoa..Vinh, Pnom Penh

Peking, Shanghai, Tientsin, Hong Kong.

BANKERS:

FRANCE-Societe Generale, Bangus Nationale de Credit, Banque de Paris et des Pays Bas.. LONDON:-Midland Bank, Ltd.

(NEW

ciale Italiana.

Exchange

P. I. TRADE

DULLNESS IN HEMP MARKET

A REACTION

THE CHINA MAIL,

COMMERCE

The Bureau of Commerce and Industry reports as follows on the Manila market for the week ending November 10:

The dullness which had set anew in the hemp market was a reaction to the rapid advance in values in YORK:-American Irving Trust Co., Banca Commer- the preceding fortnight. Foreign buyers retired from the market SAN FRANCISCO:-Bank of Italy.

after having provided for their New York Every description of Banking and needs and sellers in

Gor-shaded their prices to 9 cents for J1 Exchange Business Transacted.

and 11 for I, while in London sellors respondents throughout the world. L. BERNIS,

offered J2 at £36/10, K£32/18, L1 [£31/10; L2 £25/10. A large quan- Hong Kong, 3rd August, 1928.

tity of hemp was reported on its

Manager.

THE CHARTERED BANK OF INDIA, AUSTRALIA' & CHINA.

Incorporated by Royal Charter, 1858,

tors

Agencies and Branches:

way to U. K. and Continent. The Manila, market ruled quiet and easter. As offerings were very scarce and deniers generally in- different, little, business transpired

AND

FINANCE.

LOCAL SHARES

MESSRS. MOXON & TAYLOR'S WEEKLY REPORT

QUIET EXCHANGE

Mossra. Moxon and Taylor in their weekly share report under date of yesterday, state:

very

We again, experienced a quiot market during the week under review with very little in- terest shown by buyers except in Hotela and Trams which had a steady turn-over; both investment and industrial stocks were more or less neglected. -

Shanghai market is quiet but with rather more demand for Cot- tons.

The following are the principal alterations since last week:

Banks:-Were enquired for at

$1,325 with sellers asking rather more.

with but little business done.

Insurances: Were very quiet

Houg

otels:-Met with a steady

at rather higher HEAD OFFICE: LONDON. on the basis of P26.50 for F, P24.50. prices and y shares changed Paid-up Capital ......£8,000,000

P25.00 for 1, P20.50-P21.00 for Jhands at $0.80 to $0%; they close Reserve Fund

*****£4,000,000

P16.75 for 32, P15 for K, and stronger with keen buyers at $94 HONG KONG SAVINGS BANK. Reserve Idability of Proprie

for 28,000,000 P14.75 L. Receipts, 28,889 but no further sellers, except at an

bales; total stocks, 136,844 bales. advance on this rate. 335,000 bales of Mexican sisal were Hong Kong Trams: Also firm- sold to the United States at 6.78ed up and were the medium of con- centa. Gulf, for November-July de-siderable business at rising prices: liveries. The price of sisal went up from $19.40 to $19.80; at the close by % cent per pound after the sale they are still in demand at $19.65 was consummated. There was no but rather more would probably change noted for maguey.

have to be paid to lead to further business.

The Bal of the shore Bank le condu06-

by HONGKONG AND BHANGHAI

BANKING CUPORATION.

bikined on application.

FOR THE HONGKONG

BARKING CORPURATION.

Huls may be

BRANGHAI

A. C. LINES,

Chief Managar.

Hsg Song 18k Beglembar, 190,

NEDERLANDSCHE HANDEL ·

MAATSCHAPPIJ.

(NETHERLANDS TRADING BOOIETY)

BARKEDS.

Established 189.

Tong On:—11 Quesa'e Blond Central, Authorizal Capital Guilder 150,096,000 (811,800,000.) Fold-Up Capliet

Gulders 80,000,000

Sete Puad... Gulders 25.000.000 (45.382.603)

Head U-AMSTERDAM”). Kantern Head Ofon:~DATAVIL BRANCH-Bandjarmanla Bandowa) Bombay,

Calouste, Charbon, Jiddas, Djember,

Era"), The Hague), Robe, Palembang Pekalongan, PHÙNG Panilanak Hangoon, Kattardam),

Bhangbal, Mibol Samarang"),

Boersbala, Burstra) BegaPOM, Scargarla (Holo) Tagal, Titiasjap and Wellardan.")

• Makosaar, Mudań, Prinig

'These office hava ania deposis kozna so lak. Landa Bankar-National Provimolal Bank ·LL

Correspondente ell over the' world Banking business of #ver] -

desorption transected,

O. TEENSTAL,

tlong Kong. 2 August, 1998.

Manager.

BANQUE DE L'INDO-CHINE.

HEAD OFFICE:

96, Boulevard Haussman, Paris. Subscribed Capital..Frs, 72,000,000,00 Sub Capital Fra, 68,400,000.00 Reserve Funds ....Frs.102,000,000.00

BRANCHES:

Bangkok Hanoi Quinhon Battambang Hong Kong Saigon

Canthe

Mengtze Shanghai

Singapore

Canton Nam Dinh

Dijbouti Noumea Tientsin

Fort-Bayard Papeete

Tourane

ALOR STAS

(Malay Bania) ANKITBAN BANGKOK BATAVIA

BOMBAY DALOUTTA CANTON CAWAPORE UXEU CULOMBO DELHI

HABUIN EN. Manchuria)

НАТРИОКО

HAMBURG

HANKOW

HONG KONG

ILOILO

HABADIIY

KLAKO

IPOH

KOBI

KUALA KANGSAR

Pornic (P.M.B.)

KUCHING HAUBAR MAKIZA HEDAN NEW YORK PEKING PENANG PESHAWAR

BANGOON

RODITS

BENARAND -SEUEMBAN · SILANO HAL MINUAPODE

HOUBADAYA

TAIPINO

(...)

TAVOY

TIENTSIN TOKYO

TONOKALL Bhaker) TSINUTAO YOKWILAMA ZABANDA

KUALA LUMPUR (Philippine Islansie)

Foreign Exchange and General Bank ing business transacted.

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

A. EL FERGUSON,

Manngor, Hong Kong, 8rd April, 1928.

THE BANK OF TAIWAN, LTD.

(TAIWAN GINKO),

HEAD OFFICE:-Talpeh, Formasa

Incorporated by Special Imperial Charter, 1899,

Activity in centrifugal sugar was confined to purchases in small scale, mostly intended for local consump- tion. Both Manila and Iloilo ruled quiet at P3.75-P9.00 and 28.50- P8.75, respectively. The general impression among dealers was that the worst has already been reached and that whatever change the mar- ket may take in the future will likely be for the better. New York ruled firmer owing to local and out- side buying interest. Price advanc- ed to 3.50 cents, and later to 3.89 cents, at which price, the market closed with buyers but no sellera. There were vague rumours of a possible increase in the United States tariff duty by 50 cents per hundred-weight on raw sugar and 75 cents on refined,

Hong Kong Lands:---Came in for but little attention on the part of buyers and closed nominal at $67%. Humphreys Estates:-Were on offer at $15

Star Ferr :-Had sellers at $671⁄2 withou attracing buyers.

Steamboats Met with a steady demand and came to business $28/29.

at

China Lights: Eased off a little and a few old shares were placed at $12.40.

China Providents: Were again enquired for at $4.95 with sellers holding out for $5.10.

2

Electricas-Firmed up a trifle and carne to business at $53/58% old and $62 new.

Dairy Farms: Were very quiet and close with sales at $22. Watsons:Are unchanged.

Benguets: Continued firm with buyers but no sellelrs at $2.

London Quotations of the 28th, instant: Banks £139; Indos De ferred £7.10/-: Shells £6.17.6; all middle prices.

Rice enjoyed a better market. Opening quiet at P9.70 for Superior, Central Bank in Formosa. '

P9.10 for First Class and P8,80 for Wharves Were still on offer Bank-Notes issued

Lord Class, the market closed ❘nt $137. Average aynount .. Yen $5,000,000

Atendy at P9.80-P10.00, P9.30-P9.40 BRANCHES AND AGENCIES: and P9.00-P9.10, respectively with JAPAN:—Tokyo, Yokohama, Kobe, an upward tendency. Buyers show-

Osaka. FORMOSA:Gran, Kagi, Karenko, ed keener interest and stocks moved Keelung, Makeng, Nanto, Shin- along more freely. Saigon rice also chiku, Taichu, Tainan, Takao, reacted to the extent of about 20 Tamani, Toon, Heito, Taito.

centavos per sack. The report that CHINA: Shanghai, Hankow, Amoy fresh supplies of Saigon rice are due

Foochow, Swatow, Canton,

Singapore, to arrive shortly seemed to have OTHERS: Hong Kong,

Soorabaya, Semarang, Batavia, little or no adverse effect on the Bombay, Calcutta, London, New market. It was said in rice circles. York, Dairen.

that stocks of palay in the provinces

LONDON BANKERS:

The London County Westminster and are extremely low. Palay was quot-

Parr's Bank.

ed at P4 to P4.20 for the ordinary

The Bank Corsompondants in the Gommageal Varieties.

Exchange:-The demand selling rate on London is 2-5/16 and the T./T. on Shanghal is Tls. 77-13/16.

THE FUTURE. OF RUBBER

Presiding recently at the 20th annual meeting of Messrs. Harrisons Contron In Sha Europska Gentiasat. Bussin, Min- Demand for copra has broadened & Crosfield, Ltd., in London, Mr. Pallippine Blanda, Java, Indos, USA, Aula considerably and trading was com- Erie Miller said that world registra- Interess allowed on Cumas Accounts, and Find paratively more active. Local ofition of motor vehicles totalled 30 IN FRANCE: Comptoir National Deputy wave whia wimills displayed unusual activity. millions, and that stocks in consum-

Haiphong Peking Vinh

Hankow Pnom Penh Yunnanfu

1 Pondicherry BANKERS:

d'Escompte de Paris; Credit Lyonnais;

Bunque de Paris et des Pays-Bas;

cars. Talagio, Japan, indo-China, Elem, Inds,

In Yen

Credit Industriel el Commercial; HONG KONG BRANCH; Societe Generale.

IN LONDON: The National Provin- cial & Union Bank of England, Ltd; Comptoir National d'Escompte 1t Paris; Credit Lyonnais.

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

Interest allowed on Current Ac- counts and Fixed Deposits according to arrangements.

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

A. LEGOT,

Munager.

Hong Kong, 28th Nov., 1028.

LIMITED.

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

J. IILARA, Latest sales were done at P10.50 for ing countries had declined by 80,000 Manager. Buen Corriente and P11.75 for Re-tons, and he estimated that in 1929

would secada, or an advance of one real manufacturers

take about over Monday's opening prices. Re-700,000 tons, a figure equal to the ceipts at Manila totalled 99,186 unrestricted production. sacks. Coconut oil was quiet but steady with sellers at P0.34 per kilo, delivered in drums. Copra cake was fair at P72 per ton, ex-warehouse,

THE BANK OF CHINA.

行錤國中

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

Authorised Capital Paid-up Capital Reserve Fund

$80,000,000,00 18,278,600,00 9,620,426.24

HEAD OFFICE: FEKING.

HONG KONG BRANCH:

4, Queen's Road Central.

Branches and Sub-branches all over

Chias and Correspondente in Europe,

THE MERCANTILE BANK OF INDIA, LTD.

HEAD OFFICE

Authorised Capital

15, Gracechurch Brest, London, E. 0,0.

£3,000,000 Subscribed Capital

1,800,000 Paid-up Capital

1,050,000 Reserve Fund and rest. 1,581,840 DANKERS: The Hank of England & Midland Bank, Ltd. BRANCHLES:

Kuala Lumpur Bangoon Kuantan (Pabang) Rhangbai Sindran

His Now York

Singapore Sourabaya Fountig

THE YOKOHAMA SPECIE BANK, America, and other parte of the world. Dengkok Hongkong

London Bankers:-The National Pro-Dins lowrall

Bombay Iyob vincial and Union Bank of England, Calcutta Randy Ltd.

Colombo Karach The Guaranty Trust Company of Bla

Delb Kota Bharu Port Louis (Mauritius} New

New York Bankers:-The Irving Every description of Banking and Exchange bus. National Bank

Established 1880. Capital (fully paid-up) Yen 100,000,000 Reservo fund

Yen 102,500,000

Head Office:-YOKOHAMA,

Branches and Agencies at:

Newchwang

Alexandria

Batavia

Bombay

Buenos Ayres

Calcutta

Canton

Changchun

Dairen (Dalny)

New York

Osaka

Peking

Rangoon

Rio de Janeiro Saigon

San Francisco

Fengtleri (Mukden) Seattle

Hamburg

Hankow

Harbin

Hong Kong

Honolulu

Kai Yuen Karachi Kobe

London

Los Angeles

Lyong

Manila

Nagoya

Nagarakl

Semarang Shanghal Shimonoseki

Singapore Socrabaya Sydney Tientsin Tokyo

Tainanta Tsingtau

Vladivostok.

(Temporarily

cloned)

Interest allowed on: Current Ac-]

counts.

+

Deposite recoived for fixed periods at zatos to be obtained on application

H. MORI

Manager Hong Kong, 11th September, 1921,

York.

The Equitable Trust Company of New York,

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

Every description of Banking Busl. noss transacted.

Loans granted an approved securities. Special facilities for Home Ex chanre.

SHOU J. CHEN,

Manager.

THE BANK OF CANTON, LTD.

Established 1912, Head Office Hong Kong.

Awthached Dupčia! (ELM, Coreanet} ---$11,000,300 8,064,200

BRANGULO

Chen, Banglalj Hanków, Barnion, Magh, New York and Bas. Franco,

LONDON BAYKERS —

The Khoyd's· Bánk · Kánaážeck. GOLÁSPONDENTS

Én all pulmalpa), alilas at the World."

male Depary Bento (various slast) at a pouly, HANA LODE POONG SHAN,

Hong Kong, 19th February, 1927,

HONOKUNG DRANOTI.

mes irankaotad.

INTEREST owed on Current Accounts and Fixed Papalte at Rates that may be retained on application.

U. L. 3. BANDES

7, Queen's Bout Contral,

'Hong Kong, has Beptaisber, 1920.

Marger.

CHURCH NOTICES.

A

IS

CHARGE OF ONE" DOLLAR NOTICES MADE FOR ALL UNDER

'HEADING THIS

ST. JOHN'S CATHEDRAL, HONG KONG.

December 2, 1928. Advent Sunday & Church Missionary Festival. Holy Communion, 8 am. Children's Service, 10 a.m. Peak Sunday School, 10 a.m. Matins, 11 a.m.* Preacher: The Lord Bishop, Holy Communion, 12 noon. Evensong, 6 p.m.

Preacher: The Rev. C. B. Shann. Social Evening In Cathedral Hall after Evensong.

[The Lord Bishop will hold a Confirmation at this Service.]

ST. ANDREW'S CHURCH,

KOWLOON

Sunday, Dec. 2, 1928. Advent Sunday.

8.15 a.m.: Holy Communion. 10.30 nm. Young People's Ser- vice.

11 a.m.: Morning Prayer & Sor- mon; Preacher: Rev. E. T. Loader.

12 noon: Holy Communion. 2.45 p.m.: Sunday Schools. 6 p.m., Evening Prayer & Ser mon; Preacher: The Vicar. Wednesday, Dec. 5. Evening Prayer & Address.

WESLEYAN METHODIST

CHURCH.

Queen's Road East. Sunday Services: Morning, 10,15

1.171.

Preacher: Rev. J. C. Knight Anstey,

Subject: "The Harvest of the Spirit."

Evening, 6 p.m.

Preacher: Rev. J. C. Knight Anstey.

Subject: "The Duty of Fathers." Holy Communion after the Even- ing Service.

Sunday School, 3. p.m.

Sailors' & Soldiers' Home, Arsenal Street. Sunday, 3 p.m., Men's Bible Class. 8.15 p.m., Service Men's Hour. Wednesday: 15 pm, Gospol Meeting for Service Men.

Monday: 3 p.m., Meeting of The Ladies' Church Aid.

FIRST CHURCH OF CHRIST, SCIENTIST.

(Branch of The Mother Church, The First Church of Christ, Scient Ist, in Boston, Mass., U.S.A.J

Macdonnell Road, below Bowen Road Tram Station. Sunday Service, 11.16 a.m. Subject: "Ancient & Modern Necromancy, alias Mesmerism & Hypnotism, denounced."

The Bunday School is held on Sunday mornings at 10 o'clock.

Wednesday Evening Meating at 5.30 o'clock,

Reading Room at above address, open:-

Tuesday and Friday 10 a.m. to 12 Noon.

Monday and Thursday 6 to 7 p.m. The Public la cordially inviter to attend, the service and via the Reading Room.

LET

Borsalino

BE YOUR HATI

Borsalino

Grand Prix-Paris 1900

"Looking beyond 1920," he said, "It must be remembered that as a result of the low price of rubber very little new planting took place during the years. 1921-24, and only moderate extensions in 1925-27, All industries swing like a pendulum with greater or less rapidity. Re striction of exports was introduced as a regulator to moderate the swing, and stood us in good stend. The pendulum is now to have free play again, and, as we are well on the upswing, we may look to the future in confident assurance, that

ANTICA CASA ZONDATA NEL 1887

Only Hats bearing above producers are to receive an adequate Trademark are made by

return for their enterprise."

Singapore, Nov. 16.-The bank- ruptcy of Mr. Graham Hutchison disclosed liabilities amounting to $70,000 and assets of $1,000. The causes of the insolvency were losses on Municipal contracts and ab. aconding contractors.

CHE" AT THE EMBASSY

the original Firm

This hat is the genuine BORSALINO

The Rusolan A.D.C. of Shanghai scored another hit

denlosing life in Russia hi the days of Catherine the Great (Ah Fong).

SATURDAY, DECEMBER 1, 1928.

DO YOU SEEK RELIEF FROM

Constipation Torpid Liver, Biliouanexa, Sick Headache, Flatulence, Offensive Breath

?

JUST A LITTLE DOSE OF

› PINKETTES TO-NIGHT

You'll Feel Better in the Morning.

Sold by chemists everywhere, or post free, 60 cents the vial, from Dr. Williams' Medicine Co., 60, Klangse Road, Shanghai.

SPORTING GUNS AND ACCESSORIES.

GUNS-Greener, Webley & Scotts, B.S.A., J. W. Needham & Raick Freres Air Rifica Revolvers. S. & W.-Ride Accessories Aper- ture Sights Sporting requisites Cartridges to suit all, bores.

THE HONG KONG SPORTING ARMS AND AMMUNITION STORE

5-6, Beaconsfield Arcade,

X

PUBLJARED ANNUALLY.

|LONDON DIRECTORY

with-Provincial & Foreign Sections and Trade Headings in Five Languages, enables traders to communicate direct with

MANUFACTURERS & DEALERS in London and in the Provincial Townia and Industrial Centres of the United

Kingdom and Ireland, the Continent of Europe, Africa; America, Asia, Australasia, etc. The names, addresses and other detalls are classified under than 3,000 trade headings, including

more

EXPORT MERCHANTS with detailed particulare of the Goods shipped and the Colonial and Foreign Markets supplod.

Ono-inch BUSINESS CARDS of Firma desiring to extend their connections, or Trade Cards of

DEALERS SEEKING AGENCIES ean be printed at a cost of £1, 10s. Od. for each trade heading under which they are inserted. Larger advertisements at £10 per page.

The directory is invaluable to everyone interested in overseas commerce, and a copy will be sent by parcel post for 22, nett cash with order.

THE LONDON DIRECTORY CO., LTD. 25, Abchurch Lane, London, E.C. 4. England. RUAINERS XTADLINKED IN JULY.

X

A WEEK'S PAPERS

IN ONE

"OVERLAND CHINA MAIL" ILLUSTRATED.

CHINA NEWS, LOCAL NEWS

AND ALL THE NEWS

SEND IT HOME!

Batch after batch of residents has returned to Hong Kong after holidays at Home and elsewhere. For the first few days one's conscience can be calmed by thoughts that time is needed to unpack and to get settled down again. Then that letter must go.

What you have to say for yourself no one else can write for you; but if you want to ease anxiety as to what is hap- pening out here that is a task that the "Overland China Mail" will do for you as it has invariably done in the past.

How many times were you "stumped" when somebody asked you about conditions in China? Show that you are at least thoughtful by sending them a copy of the "Overland." That will tell them all they want to know.

The "Overland" is the only weekly budget of Hong Kong and China news that is illustrated. Its topical pictures, cover- ing a variety of subjects, are very welcome.

This week's "Overland" includes articles on the following subjects:-

The trial of Carvalho Yeo in connection with the alleged Treasury Fraud.

The Story of the Life of Dr. Miao Chung-yi, convicted at Home of murder.

Promotion of a Cadet and a P.W,D. official, Deadlock in negotiations between China and Japan. Steps by the National Government of China to reduce the power of the provinces.

Violent typhoons south of Hong Kong and in the Pacific. A Home mail via Siberia closes at 1.30 p.m. on Saturday. This will reach London about Dec. 22. It will be an excellent Christmas present from Hong Kong-ites who have just got back.

READY NOW.

Mail via Suez closes at 10.30 a.m. on Saturday. and via Siberia at 1.80 p.m. on Saturday.

SINGLE COPY

25 Cents.

(Sold on the streets and at the bookstalls or you can send your subscripion to the office.K. 313 per annum, or $15 including postage abroad. half-yearly. quarterly, or speelde periods pro rats.] No. 34. WYNDHAM STREET-PHONE C.22.

“THE OVERLAND CHINA MAIL.”