1928-12-31 — Page 2

„HONG KONG AND SHANGHAI

*BANKING CORPORATION.

830,066,000

Authorised Dspital İmam Jamel and Vuity Telding júna (30,000,000 Basarva Funda 1 mm

Berlings,100,000

Bilter

=

14,000,000

Beserva Llability of Proprietas ......$30,000,000

HEAD OFFICE, HONGKONG,

COURT OF DIRETTORS—

A. EL. Compton, Esq. Chadema.

N. B. Brown, Laq. Deputy Chairman.

Hoo, Mr. B. D. W. Bel WH. Ball, Bag,

Minder Lawia, Esq. 3005% Mackla. B*•

AMOX

DANGKOK

BATAVIA

BOMBAY

CALCUTTA CANTON ОПЕРОЮ COLOMBO

W. £. Palkanlar; Kaq. J. Flumia, Mog.

T. Or. Wolle Le

H. P. White, Bez. Chlal Manager. Пр. Ме А. О. Дуом.

Xx

BRANCHES Į—

LONDON LVOSS MALACCA

4. MANIKA!

MOUKDEN

NAGABAXI

NEW YORK

FEKINO

DAIREN

•

PENANG

РООСПОМ

GANDOON

BAIPHONG

BAIGUN

HAMBURO

HANKOW

SAN FRANCISCO

SHANGHAI-

SINGAPOKE

BOURABAYA SUNGER PATANI TIENTSIN

HARBIN

HONGXEW

ILOILO

12011

JOUGES

TUKYO

KOBE

KUALA LUMPUR

TSINGTAO

YOKOHAMA

Current Ascule opened In Local Ourscy

and Fixed Deposits received for car your M

korter periods its Local Currency and

00 1870 which wid be quoted on application.

Hong Kong, th December, tv25.

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.60,0 Bpecial working capital .Frs.50,000,000 Frs.22,319.000 Reservas

BRANCHES:

Paris, Lyons, Marseilles, Salgon, Haphong. Hanoi Tourane, Quinhon, Huế, Thành-hos. Vinh, Pnom Penh.

Peking, Shanghai, Tientsin, Hong Kong.

ΠΑΝΚΕΠΕ:

THE CHINA MAIL,

FILM COMPANIES.

LARGE SUMS IN LAW CASE:

JUDGMENT.DELIVERED

COMMERCE

Judgment was delivered in the action brought by the Universal FRANCE: Soclate Gunerale, Banque Pictures Corporation of New York

Nationale de Credit, Banque "de,

Mr. and its president,

Carl Paris et des Pays Bas.

Lammle, against the LONDON: Midland Dank, Ltd.

Exchange YORK:-American NEW

Irving Trust Co., Banca Commer- Atlantic Film Company Ltd., of ciale Italiana. SAN FRANCISCO:-Bank of Italy: Shaftesbury-avenue, and its chair-

man. Mr.-Morris-Greenhill.

Paid-up Capital Reservo Fund

HONG KONG SAVINGS BANK, Reserve Liability of Proprie

The Busin of the abars Bank is condues. the HONGKONG AND BUANGHAL BANKING CORPORATION. His may be

obtained on application.

FOR THE HONGKONG BANKING CORPORATION,

A

SHANGHAI

0. UYNES.

A Chial Manager.

Hong Kong, 10th September, 1927.

NEDERLANDSCHE HANDEL

MAATSCHAPPIJ.

(NETHERLANDS TRADING SUCIETY)

BANKERS.

Zatabilaked 1814:

Hong Kong Office;-11 Queen's Road Canical.

Authorised Capital

Pald-Up Ceptial

Rastre Fed.....

Guider 150,000,000.

(412,500,000.) Culiders 50,000,000- (£8,668,670.) dalies 46,000,000- (£3,533,558,) Hasd O-AMSTERDAM'). · Eastern Hand Offc0-ESTAVIA, BRANCHES-Handlermain Handong") Boubeh

Calcutta, Charkson, Jeddah, Diambet Bjokkarta The Ling'), Babe, hota-iadis, Makassar, Medan, Pada Paloması Pakalongen, PaDAGE Poutline, Ilangoon, Notterdam Semarang), bhanghai, (Bumstra),

Singapore, Boarab

Boerakarsa (Boloj, Tegal, Filialjaj sad Waltevreden.')

1) Those offices kavo zaím deposit bazes to it.

London Beckers-National Provincial Bank Ltd.

Correspondente şi orer the world. Barking Duslume of vary

Cascription transoled.

D. STEENSTRA.

Rang Sang, th August, 1989.

Manager.

BANQUE DE L'INDO-CHINE.

HEAD OFFICE:

96, Boulevard Haussman, Paris,

Subscribed Capital ..Fra, 72,000,000.00

Capital....Frs. 08,400,000,00

BRANCHES:

Bangkok -Hanai. Quinhon

Battambang Hong Kong Saigon,

Cantho

Canton

Dibouti

Mengtze Shanghai

Nam Dinh Sagapore

. Noumen

Tientsin

Fort-Bayard Papeete Tourans

Haiphong

Peking Vinh

Hankow Paom-Penh Yunnanfu

Pondicherry BANKERS:

tora

Agencies and Branches: ALOR STAN

KUCHING

МАРПАВ

Trans-

The plaintiffs claimed a large aum in respect of films supplied to the defendants for exploitation in Britain and on the, Continent, and the defendants counter-claimed a larger sum because of the alleged inferior quality of the films and the non-supply of others.

AND

FINANCE

RAW COTTON

MANCHESTER DEVELOPMENT

FORECAST

CO-OPERATION NEEDED

LIGHT

SAND

MEETING

POWER

ANNUAL

CONCESSION EXTENDED

The sixth ordinary meeting of the Sandakan Light and Power Company (1922),Ltd., was held on Saturday morning.

Mr. R. G. Shewan, who presid ed, stated that an agreement which the Company had now reached with the, Government of British North Borneo for an extension of Its concession for a period of ton. Manchester.-Important develop-years had, been approved by the An menta relating to Manchester as a Board, Governors at Home.

agreement had also been made raw cotton contre were forecast with the Government to supply by Mr. William Heaps in a speech power to its new pumping station, as president of the Manchesteri Cotton Association.

It was also stated that the re- venue of the Company showed a Now business, he said, amount-light but steady progress, there being an increase of more than 10 ing to thousands of bales purper cont. in the unita supplied for chases and shipped to Manchester, lighting, and of more than 12 por had resulted from the openlag of cont, for power. the central selling rooma, buyers who had never bought cot ton in Manchester before taking advantage of the new facilities.

many

HEAD OFFICE: HONG KONG. 10, Des Voeux Road Central, Hong Kong.

MONDAY, DECEMBER, 31, 1928.

WESTINGHOUSE

LIGHT & POWER PLANTS

THE NEW MODEL NO. E-31.

Self-Contained

Air Cooled

Self-Starting

Reliable

Economical

Durable

'THE SIMPLEST THING

YOU EVER SAW”

REISS, MASSEY & CO., LTD.:

Sole Agents:

Exchange Building.

$10,000,000 5,000,000 1,200,000

BRANCHES AND AGENCIES:-

Every description of Banking and Cor- Exchange Business Transacted. respondents throughout the world. L BERNIS,

Manager Hong Kong, 3rd August, 1928. THE CHARTERED BANK OF

Reduced shipments of American INDIA, AUSTRALIA & CHINA.

cotton mainly accounted, M. THE BANK OF EAST ASIA, LTD. Sir Francis Newbolt, in his

for the fact Heaps pointed out, Incorporated by Royal Chater, 1858. judgment, sold that after four that only 558,748 bales were land- HEAD OFFICE: LONDON. years' preliminaries the case haded at Manchester Docks last sea-

£3,000,000 taken ten days to try. The matter £4,000,000

son, compared with 729,694 bales in dispute arose under an agree in the previous season. The par Authorised Capital £3,000,000 ment which he found was broken centage figures Indicated a rela Fald-Up Capital

by the plaintiffs. The case was tively greater use of the Manchas-Reserve one of unusual difficulty, as all

Sudan cotton had ter market. the transactions of importance this season been shipped for the

Patavia years old, and large Arst time direct to Manchester.

Bombay aums were claimed on both sides. Dealing with trade conditions. Calestia

litigation In There was abortive

Mr. Heaps said the industry was Canton Britain in 1921 and in the

Honolulu United States in 1920, and the writ appallingly slow In meeting the Haiphong

new situation, and perhaps not

Kobe in the present action was issued unnaturally. The movements of a Kowloon in October, 1924. The pleadings giant were slow, and the Lanca- London occupied 140 pages, and he must hire industry was of giant sta-Manila call attention to the unparalleled ture. The railways, the bleachers, Correspondents in all principal cities fact that while the claim original and the packers had in the past

Every description. of Banking and ly amounted to £290,000, including Interest, for 324 films supplied, year cased, the situation a little Exchange business transacted. Loans

rates and granted on approved securitios.. by reducing their

SAFE DEPOSIT BOXES to let. charges. The De-rating plans

KAN TONG PO, should also prove of material as-

Chlef Manager. sistance.

Hong Kong,-21st March, 1927.

(Malay State) AMRITSAR

DANOKOK HJATAVIA

DOX BAY CALCUTTA CANTON CAWNPORE CELL COLOMBO DELI

BAIPHONG BAMBURG

1. Mancheria)

HASKOW

HARDEN

VÙNG HONG

11ILO

КАЛАСТІ

KUALA KANGSAR

Purak (2.8.).

IPUIX

KLANG

KOBA

ZUALA LUMPUR

MANILA MEDAN NEW

W YORK PEEING PENANO PESHAWAR BANGOON BAIGON SENABANG BERENDAN RHANUMAI SINGAPORE HOURADAYA TAIPINO

TAVOY TIENTAIN

TOKYO

TONGKAH (Əboket)

TSINGTAO YOYOLLAMA

ZAUDOANUA

(Philippine Islands)

and General Foreign Exchango Banking business transacted.

Current Accounts opened and Fixed Deposits received for 1 year or short- or periods at rates which will be quot ed on application.

A. H. FERGUSON,

Manager.

Hong Kong, 3rd April, 1922

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

HEAD OFFICE:-Taipeh, Formosa, Incorporated by Special Imperial

Charter, 1899...

Central Bank in Formosa. Bank Notes issued

Average amount ... Yen. 45,000,000

were nine

the plaintiffs' counsel at the trial stated that the real claim was less than 10 per cent. of that amount. The counter-claim was for over £100,000.

these

"To meet the changed condi-] tlons," he concluded, "wo must As to the parties, he regarded develop closer and closer co-opera- Mr. Laemmle as the plaintiff, for tion between the several units of he was the president of the plain-industry and not between tiff company, and he was told that alone, but, also between them and Mr. Laemmle dominated the film big combines, the Individual em industry to such an extent that no ployers, transport services, and trade witness could be called to the operatives, too." give evidence of the inferiority of some of his corporation's produc- tiona.

Mr. Greenhill, added Sir Francis Newbolt, was induced to enter into the agreement with the plain- tiff company by his partner, Mr. Tippell, a former employee of the BRANCHES AND AGENCIES: plaintiffs. The defendant company JAPAN: Tokyo, Yocohama, Kobe, was originally created and owned

Овака. FORMOSA: Glraun, Kagi, Karenko, by the plaintiff as a distributing Keelung, Makong, Nanto, Shin-agency, and every penny it earn. chiku, Taichu, Tainan, Takao, ed belonged to Mr. Laemmle. In

Foachow, Swatow, Canton.

oburi, Talagio, Japen, Indo China, Blam, Tadis,

CANADIAN PAPER

AGREEMENT TO AVERT PRICE WAR

MAGNATES MEET

Montreal-The conference Ontario and Quebec magnates of

the

details of

of

the

Tamsui, Toon, Heito, Talto. April, 1919, it was sold to Mr. the newsprint industry have reach- Paid-Up Fans Fr8.102,000,000.00 CHINA: Shanghal, Hankow, Amoy Greenhill, and resulted in a lussed a definite agreement which is OTHERS-Hong Kong, Singaporo, to him of over £150,000 in a year. likely to relieve the tense situation Soerabaya, Semarang, Batayle, That loss, it was said, was part that has prevailed for some time Bombay. Calcutta, Londen, Newly due to the inferior quality of past in the matter of over-produc York, Dairen.

the films supplied by the plaintiffs,tion and a resultant price war. LONDON BANKERS:

While The London County Westminster and and because they insisted upon de-

Parr's Bank.

fendant taking films which he had agreement are rept secret, The Bank Correspondents in the Dommercial not soen and did not want. Mr. especially in regard to prices, Centres in the European Combinant, Hala, Ms. Greenhill was an honest witness, it is

the stabilised by Philippine Trianda, Java, Aftos, UBA Australis, and he (Sir Francis) believed his be IN FRANCE: Comptoir National Intereas allowed on Current Accounts, and Fixed evidence. His character had been mont, and also that there will be a d'Escompte de Paris; Credit Lyonnais: Depodle st sales which will be quoted on applice completely cleared of any allega- more equitable sharing of business Banque de Paris et des Pays-Bas; Hos. Deposits in Yan can be accepted.

tion that he owed this large sum through the mapping out of terri- Credit Industriel

Manager. of money.

tory on a certain basis. Societe Generale.

Having gone through all the When the sitting closed the Cana- IN LONDON: The National Provin- HONG KONG BRANCH:

3, Des Voeux Road Central. cial & Union Bank of England, Ltd.;

items, Sir Francis said that, de-dian International Company was Hong Kong, 22nd September, 1928. ducting the credit on Comptoir National d'Escompte de

the claim not represented by. Its president, Paris; Credit Lyonnais.

from the larger credit on the Mr. A. R. Graustein, but he attend- counter-claim, he found, subjected later and gave the assent of the

company to the agreement.

et

Commercial;

IN NEW YORK: J. P. Morgan & Ca.; French Amartean 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. LECOT,

Manager.

Hong Kong, 28th Nov., 1928.

THE YOKOHAMA SPECIE BANK,

LIMITED,

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

-Yen 102,600,000

Head Ofço:-YOKOHAMA,

Branches and Agencies at:

Alexandria

Batavia

Bombay

Виспоя Аутев

Calcutta

Canton

Changchun

Dairen (Dalny).

Nowchwang

New York

Janko

Peking

Rangoon Rio de Janeiro, Salgon San Francisco

Feagtien (Mukden) Beattle

Hamburg

Honkow Harbin

Ecar Kong

Honolulu

Kai Yuen Karsch!

Kabe

London

Los Angeles Lyona

Nagasaki Nagoya

Semarang Shanghal Shimonoseki Singapore Sorabaya

Sydney Theatsin Tokyo Telnanfy Telngtsu Vladivostok

2

(Temporarily

(closed) Canada Interest allowed on Current Ap- Doponite received for

rates to be obtained on-

Manaror

9 on 11th September: 1728,

J. HARA,

THE BANK OF CHINA. -

行銀國中

}

(Specially Authorised by Presidential Mandate of the Republic of China on the 22nd of November, 1917). WHY THE BOERS HELD OUT

$60,000,000.00 Reminiscences of the South African Authorised Capital Paid-up Capital

18,278,600.00;

War. Reserve Fund

9,620,425.24

stated that these

will

agree-

Both Provinces were represented by their respective Premiers,, Mr. Taschereau and Mr. Ferguson.

Mr. Taschereau, in a statement which has been issued, pointed out that his Government had sought to Dr. John Schmidt, who was at-solve the problem last August, but tached to the Nylstroom Commando owing to Mr. Ferguson's absence it under Commandant Grobblaar dur- had been impossible. Now, how- ing the South African War of 1899. over, both Governments were satis- 1903, subsequently related some fied with the basis of the agree Branches and Sub-branches all over interesting facta regarding Insidement, and intended to co-operate with the paper manufacturers, to China and Correspondents in Europe, conditions in the Boer camps.

HEAD OFFICE: PEKING.'

HONG KONG BRANCH: 4, Queen's Road Central.

America, and other parts of the world.. "It may surprise many people" have the agreement carried out. London Bankers: The National said he in the course of his re- Furthermore, It was the intention Provincial and Union Bank of England, miniscences, to learn that during to hold a conference shortly ba Ltd.

The Guaranty Trust Company of the war the Boer Government tween the two departmenta "dealing New York

bought, and the forces commandeer with Crown lands to eft more New York Bankara:--The Irving ed, large quantities of Dr. Williamst uniformity in the laws governing National Bank.

these lande. Pink Pills, in fact these pills formed one of the lead-

"We have got raw material, la÷ bour, and power." said Mr.

The Equitable Trust Company of New York

Interest allowed on. Current Acing medicines in the chests Taschereau; hence we believe we counts and Fixed Deposits. Terms on supplied to the commandoes. application..

are masters of the news-print Every description of Banking Busi-Being with the Nristroom com- market. He added that, in ten nda transacted.

mando" I saw many cases months of this year Canada ex- Loans granted on approved secure where they reatorci men worn-out ported to the United States over and rundown by the rough life, bad $15,000,000 worth of newsprint Special facilities for Home Ex-food and frequent wettings more than in the corresponding change.

SHOU J. CHEN, Rheumatism was particularly pre period of last year.

Manager. valont in the camps, and I have given Dr. Williams' Pink Pills to many poor fellow, suffering from

ities.

THE BANK OF CANTON, LTD.

C Established 1912,50

Head Ofica:-Hong Kong,

it who thus obtained relief

to verification of the figures, that

Today, just as promptly, sure the defendanta were entitled to and efficiently as they did in the judgment for £26,510 88. 8d., with Authorland Ceplial (IL.. Out)$11,000,00 days of the South African War interest at 6 per cent from Janu-

** BRANCHES ZEST

• Cunion, ** Uhangbala Hankar, - Bwillin

Bangkok Tory cand B

· LONDON BANKENSHANA STU Bryl's Bank Loubet,

CORRESPONDENTS M

‹ In áll:patnalpal aliae of the World?

Bela Depoca Boca ·Cyadour, lau) j

LOOK: POON

lod" Kong, 19th. Fabi

bight-and-twenty years ago, Dr.

William Pink Pilla for Pale People:

ary, 1920, and

of the world.

4.

Melbourne San Francisco Nagasaki Seattle

Sydney

New York Semarang Osaka Singapore Paris . Sourabaya Peking Penang Rangoon Saigon Shangha!

Taipeh

Tientsin

Tokyo

Tel C.673.

JAPANESE HIGH-GRADE PORCELAIN STORE. SATSUMA WARE, KUTANI WARE, MINO WARE, ETC.

"MIYAJIMA”

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

REPUBLIC MOTOR

OF

COMPANY

CHINA

General Manager, C. K. TẠNG

(Successors to A. LUNG & Co., Automobile Dept.)

Wish the General Public and the

Motoring Public in particular

A Happy and Prosperous

New Year.

He albo

SHOW ROOM & OFFICE

Nos, 30-32, Des Voeux Road C.

Tel" C. 1219;

are restoring health and strength made an order for the transfer to sufferers from, debility thoums from the defendants to the plain- tifs of 200 shares in th niver amand other ailments aris

ing from wtory vitiated blood sal Film Compa

or disordered, nerves. Chemists a In response, to an everywhere sell them, but be sure counsel for tho

Francis granted

to Insist upon having Dr.Williams |substitutes will not do,

tion withy

SERVICE STATION

Percival St

1316. Matheson St