1929-02-09 — Page 2

HONG KONG AND SHANGHAI BANKING CORPORATION.

Authorised Osptial manne

$80,000,000

350,408,80%

Immed and "Fully hidep

Beserve Funde kom

Backing,000,000

.......§14,000,000

Hamere Liability of Propelators ------$30,086,800

SINAD OFFICH, VONGLONG.

COURT OF DIRECTⱭES 1— AH. Compton, Yeg-

Cheless.

N. Brown, Beg. Deputy Chairman,

B. D. P. Balth, Eng.

W. H. Bail, Beg. B. Imadee Lewis, Esq.

C. O. B. Mackle, Esq.

AMOX BANGROK

DATAYIA

-CALCUTTA

W. L.. Puttanden, Bag

3. A. Flammer, Baq.

T. 4. Vaall, Jeg ·

IL P. Whlie, Haq,

Chial Manager,

Hon. Mr. A. O. By

BEANGHES:-

LONDON

LYONS

MALACCA

MANILA

PENANG

KANGOON

MAIOON

NOUKDEN

*CANTON CHEFOO -COLOMBO DAISEN TOOCHOW

NAGASAKI

NEW YORK

PERINO

HAIPHONG

НАМЕНТНАЯ

HANKOW

HARBIN

HONGKEW

ILOILO

ITOS

SUNGE PATANI TIENTSIN

JOHOUZ

TUK6

KONS

TSINUTAD

KOWLOON

KUALA LUMPER

HAS PRANDIBOS

КИАКОНАЕ

KINDA PORK

SUURABATA

YOKOHAMA

Curata spated in Local Currency and Fixed Depoelie received for cok your or shorter periods in Ladd Currsey and Barling on terms which will be quoted on application. tanz Kung, b January, KPE.

HONG KONG SAVINGS BANK.

The Dula of the abors Bank Sandtuck ed by the BONOKONG AND SHANGILI BANKING CORPORATION, Rules may be obtained on application.

FOR THE HOROKONO- BANKING CURVONATION,

BHANUMAI

A. Q. YNES,

Chief Maker.

Hong Kong, 18th Beptember, 1977.

NEDERLANDSCHE HANDEL

MAATSCHAPPIJ.

(NETHERLANDS TRADING SOCIETY)

BANKERS,

Established 1234.

Hang Koag Olde:—11 Queen's Pred nairal

· Authorised Capital Quildere 160,200,000-

Pald-Up Capital

fleserve Food

(£22,500,000.)

Guilders $6,000,000

(0,006,010.)

Ouidien 10,000,000- (21,312,128.)

Hand-Gon:—AMSTERDAM').

Easier Road (toe:--BATAVIL

BHANCHES-Bendrasin and Discover

Bombay

Theilage') Kobe,

Calouila, Charbon,

Kowe Hadjay Makassar, Medan, Padang Palembang. Pekalongan,

行銀商工法中

BANQUE FRANCO - CHINOISE ́ pour le

Commerce et l'Industrie

(Incorporated in France).

Prince's Ballding, Chater Road..

Ban Long.

HEAD OFFICE:

74, Ene 8. Lasare, Paris.

THE CHINA MAIL,

BANK PROFITS

COMMERCE

Capital fully paid up. Fr.50.000,000 REPORT OF H. AND S. BANKING Special working capital .Fra.50,000,000 Beserves

.FT.29,319,000]

CORPORATION

AND

FINANCE.

LOCAL SHARESS

.i

mfes.

SATURDAY, FEBRUARY

no announcement, but there is no «sible that this will be repeated as foreshadowed In connection with at "reason to suppose that this group a final dividend, making 271⁄2 par last täres of the groups will not has been less successful than its cent. for the year. The present be welcomed by stockholders. contemporaries in making econo- price of the ebook is 54; the yield Fortunately, the future looks more offered would be just over 41⁄2 per promising the de-rating-pro- Thus it may be hoped that of the cont

posals in the Local Government Bill 28,489,000 loss in trasics sustained. The London and North Eastern should eventually benefit the rail- ̧ by the three larger groups, at least Railway Company paid nothing on ways by stimulating the heavy $4,200,000 has been recouped by Its Deferred Ordinary stock last trades on which they depend so savings in expenditure, while the year, and only 4 per cent. on its largely for revenue. The working 2695,000 traffic loss of the South Preferred Ordinary. The amount agreements which are being made er Group may all have been offset, required for this and the 4 per cent." all over the country with those re- BROKERS WEEKLY REVIEW On this basis it is possible to get Second Preference, which was paid sponsible for motor traffic indicate

OF MARKET

some idea of the probable dis- in full, was £2,840,640. Its traffic that any thought of cut-throat.com- tributions to be made by the four loss has totalled 22,752,000. Sup- petition, has been eliminated and CHINA NEW YEAR HOPE

posing half of this is accounted for should prove advantageous to both The Great Western paid 7 per by economies, the surplus avaliable | sides in the arrangements. Pas- The Court of Directors of the

Messrs. Moxon and Taylor, in cent, on its Ordinary stock last year, will apparently be no more than enger traffic is being dealt with on Hong Kong and Shanghai Banking their weekly share report under This absorbed $2,072,333. Its sufficient to pay about 2 per cent. broader lines, which should eventu- Poking, Shanghal, Tientsin, Hong Corporation in their hundred and date February 8 state

traffic decrease this year has been on the Second Preference stock ally produce larger and more pro- RANKERS:

thirteenth report, to be presented. Our market though quiet during 1,387,000. If half of this is net That stock is now changing hands fitable revenue. Throughout the FRANCE: Societe Generale, Banque to the annual meeting of share the week under review was steady loss it is equivalent to just over 11⁄2 at 50. The Preferred Ordinary is whole railway, service a far more Nationale de Credit Banque de holders on Saturday, Feb. 23, state having buyers for most of our local per cent. So far this year 1% per quoted at 24% and the Deferred enterprising spirit is making itself Paris et des Pays Bas.

The net profits for the year, to stocks with Hittle pressure to sell: cent. has been paid, and it seems at 11% LONDON: Midland Bank, Ltd.

manifest, which augurs well for the YORK, American Exchange gether with $9,411,480.00, balance this, in view of the approaching likely that the final dividend will be NEW

The Southern Railway last year future, although too much must not Irving Trust Co., Banca Commer- brought forward from last ac- Chinese New Year Holidays, seems at least 8% per cent, making 6 per paid 2 per cent. on Its Deferred be expected at once.

count, after paying all charges, to augur well for the future.

cent, for the year, offering at the Ordinary stock. deducting Interest paid and due,

yield of over 6 per cent. present price of the stock, 814 £629,805, Its and making provision for bad and doubtful accounts and contingen cles, amount to $16,841,492.51.

BRANCHES: Paris, Lyona, Marsailles, Salon, Haiphong, Hanol, Tourane, Quinion, Hue, Thanh ha, Vinh From Penh.

Kong.

clalo Italiana.

SAN FRANCISCO:-Bank of Italy.

Every description of Banking and Cor Exchange Business Transacted. respondents throughout the world.

L BERNIS,

Manager.

Hong Kong, 3rd August, 1928.

FINAL DIVIDEND AND BONUS

The Directors recommend writ-

ing off Bank Premises Account the sum of $750,000,

..

Shanghai market da quiet. The following are the principal alberations, since last week:

$1,345.

groups.

On Ordinary Stock Banks: Were again qulet but

The London Midland and Scot steady with business done at

tish paid 4% per cent. од Its Unions:-Opened with sales at Ordinary stock last year, absorbing After making this transfer, de-

Its traffic decrease has THE CHARTERED BANK OF ducting the Interim Dividend of $370/870% but gradually came in £4,522,116.

£3 per share, paid on August 7 last, for rather more enquiry and close been £4,300,000, half of which is INDIA, AUSTRALIA & CHINA,

equivalent to about 21⁄44 per cent. viz.:-£480,000 @ 2/-%%$4,726,- with buyers at 8371

Other Insurances-Were steady An interim dividend of 14 per cent. Incorporated by Royal Chater, 1859. 168.85, and renumeration to Direc-with buyers at quotations. has been paid, and it seems pos-

HEAD OFFICE: LONDON, tors, there remains for appropria Paid-up Capital

£3,000,000 tion $11,315,338.66, out of which Reserve Fund

.£4,000,000 Reserve Liability of Proprie

the Directors recommend the pay. £3,000,000 ment of a Final Dividend of $3 per Share, viz., £480,000 and a Bonus of £2 per Share, viz., £320,000 amounting in all to £800,000 which, at 2/-, the rate of the day, will. absorb $7,917,625.77.

tors..

ALOR STAR

'Agencies and Branches:

KUALA LUMPUE

RUDLLING KADHAS MANILA MEDAN NEW YORK PEKINO

{Maler State) AMBITUAR BANGKOK BATAVIA BOMBAY CALCUTTA CANTON

CAWNPORN

GROU

COLOUBO

BAINEN (Daisy,

Bouth Hachuria)

DELIE

FLAIPHONG HAMBURG

HAR

(N. Manchuria)

HONU KONO

Lou

1201

KCHE

PENAND PESHAWAR BANDOON

SALOON

BEMAHANO

BEREMBAN

ЗНАМОНА

BINGAPORE BOURABAYA TAIPING

FREM ALL TAVOT TIENTEIN TOKYO

TONGHAI (Bhuket) TSINGTAO

УОКОВАНА

KARACHI

KLANG

ZAMBOANGA

KUALA KANGSA

(Philippine Islande)

Pork (P.MA)

Foreign

Exchange and

General

Banking business transacted.

The Balance $3,397,812.89 to be carried to New Profit and Loss

Account.

The Sterling equivalents of the Assets and Liabilities are shown at 2/-4, the rate ruling of the last day of the year.

Branches and Agencies

A Sub-Agency of the Bank was opened at Kowloon on January 2, 1929.

Directors

Mr. Nellage S. Brown has been Current Accounts opened and Fixed elected Chairman for the year Deposits received for 1 year or short 1929, and Mr. W. H. Bell has been er periods at rates which will be quot-elected Deputy Chairman. ed on application.

A. H. FERGUSON, Mr. D. G. M. Bernard, Mr. A. Manager. MacGowan and Mr. P. W. Massey resigned their seats on leaving the Colony and Mr. J. A. Plummer, Mr. B. D. F. Beith and Mr. B. Lander Lewis were invited to join Board.

These appoinments require con- Armation at this Meeting.

Hong Kong, 8th January, 1920.

Pertine Bangoo, Bold THE BANK OF TAIWAN, LTD.

Bamarong'),

Shangha Bibol (Besar SingsORE, BOREA

Bossarta (Bola), Tegal, Tiliative and Wettevredeo.

* These office bare safe deposit besar la les. London Bankers-National Provinciai Haak Ltd.

Corresponde all over the world

Banking buien of every dscnptima transacted."

0. STEENSTRA

Hong Kong. th August, 1928.

LIMITED.

Масарик,

(TAIWAN GINKO)

HEAD OFFICE:--Talpeh, Formosa. Incorporated by Special Imperial Charter, 1899.

Central Bank in Formosa. Bank-Notas issued

-

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

BRANCHES AND AGENCIES:

Yokohama, Osaka,

the

Mr. H. P. White, Mr. T. G. Weall and Mr. W. H. Bell retire in rota- tion, but being eligible for re-elec- tion, offer themselves accordingly.

Auditors

Hong Kong Hotels:-Slightly, ad- Vanced in price and were dealt in

at $9.30.

steady demand and shares were Hong Kong Trams:-Met with a taken off the market at $2034/.60.

Hong Kong Lands:-Were done at $83% ex div. of $2.

Humphreys Estates:-Stul have buyers at $15 without attracting

sellers.

Douglasss:-Would find buyers at 836 but shares are being held for rather more.

Star Ferries:--Are unchanged with sellers at $734.

Steamboats:Firmed up a little towards the close with some busi- ness done at $27/271⁄4.

China Lights:-Were steady with some business noted at $13; they close rather casler with sellers at $124.

China Providente:-A few sharee changed hands at $5.05. which price is still freely offered but sellers are holding out for rather more.

Electrics-Came in for rather more enquiry, a few of the old shares were placed at $58/54 and the now at $52

CementsWere enquired for at rising prices until the combined shares changed hands at $10.

.

has

This absorbed 1088 In traffle has totalled £695,000, but, we have shown, thers ia every hopa that this been recouped in savings. If this bope should prove to be justified a repetition of the 2 per cent, paid. last year may be looked for. This at the present market price of the stock, 82, gives a yield of just over 6 per cent.

The decreases in income "thus

Skin Troubles

Long Itching

A Real Antiseptia Gets Resulta

Konon, shafed skla, maaban, and other skits beebim quickly Ti60S to LAVOR. The pure coole bus Baul penetrates the skin, mething and ball- -- dg the kvitaled themoon. TYCHING BTOPE IN-

STANTLY, LAVOU to shar z and Matulate. TI ane Solile to malu a. blamlakad akta in V. & A. and sold be 15 aped druggiata. (D\8-

HONG KONG MARKET PRODUCE.

APPROXIMATE RETAIL PRICES.

Butcher Meat.

Beef Airloin

Feb. 1, June, June,

1929. 1918. 1914.

Capons, Small

Poultry.

Capóns, Large

Eggs, Hen (cooking)

Eggs, Hen (fresh)

C. Ct. Cir.

牛尾耙b ̇

25 234 12

Chicken

Prime Cut

28

28 11

Corned

34

23 12

*

Roast

L

#1

Breast

20 26

28 24 22 18

Duck

Dover

H

17

Soup

24 20 18

Steak

28 24 22

40 80

80

Fowls, Canton

40

26 20

Fowls, Hainan

per set 15

10

12

Goene

ench 85

50 60

60

Hoihow

$1.20

$1.20

Turkeys, Cock

IL. 24

18 14

Turkeys, Hen

34 20

18

H

D

Steak Sirlon

Sausages

Bullock's Brains

11

Tongue, fresh

Tongue, corned

4

Head

"

Heart

#

Hump, Salt

Fect

H

20

Kidneys

Tall

*

Liver

#

Tripe

Realties:---Which have been meet- Calves' Head.& Fret .. ing with increased demand during Mutton Chop.. the past few weeks now have buyers at $8.60 with some business done at this.

Telephones: Are again attract-

B

firmer with some business dong at $21 and more shares could "pro- bably be placed at this.

The Accounts have been audited THE YOKOHAMA SPECIE BANK, JAPAN Tokyo,

Kobe, by Mr. C. Bernard Brown, A.GA.ing the attention of buyers who are

Dairy Farms:-Were FORMOSA-Giran, Kagi, Karenko, and Mr. John Fleming, C.A., who offering $8.90 old and $6.80 new.

Keelung, Makong, Nante, Shin- offer themselves for re-election.

Takso, chiku, Taichu, Tainan, Tamsul, Toen, Haito, Talto. CHINA:-Shanghai, Hankow, Amoy,

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

Established 1880.

Capital (fully paid-up) Yen 100,000,000 Yen 102,500,000 Reserve fund

Head Ofce-YOKOHAMA.

Branches and Agencies at:

Newchwang Alexandria

New York

Batavia

Bombay

Buenos Ayres

Calcutta

Canton

Changchun

Dairen (Daloy) Fengtien (Mukden)

Hamburg.

Hankow

Harbin Hong Kong Bonclulu

Kai Tuan Karachi Kobe

London

Los Angeles

Lyons

Manila

Nagasaki

Nagoya

Osaka

Peking

Rangoon

Rio de Janeiro Saigon

San Francisco

Seattle

Semarang Shanghai Shimonoseki

Singapore Soerabaya Sydney Tientsin

Tokyo

Telnanfu Tsingtau Vladivostok

(Temporarily

closed)

Interest allowed on Current

counte.

Deposits received for fixed periods

LONDON BANKERS: The London County Westminster and

*Parr's Bank,

tion. Depoise in Xes can be accepted.

4

Manager.

SPANISH TAXES

TRIBUTE TO THE COLLECTORS

Wharves: Are meeting with some demand though at the rathar lower price of $181.

Watsons:Hardened, changing

from a selling rate of $18.80 to a

נו

Pigeons, Canton

lb.

31

Feb. 1, June, Juas, 1829. 1918. 1914.

Ct. Cts. Cts.

椒雞

A each

45 22

per dor. 82

新鲜鸡蛋

Ib.

ឌន

་ ་ ཝ

鄉線肥樹鄉析本海精白海火火沙山樓約

each 10 10 12

15 10 12 22

Snipe

Pheasant

Quail Partridges

Fruits.

29 20

19

Ib. 24

18 14

8 6" 7

set $1.20 $1.00 $1.00

26 46

排骨 Ib.

把 肉肉胞肉排挤脚腦開開頭心有脚底尾肝肚脚骨醉手由股腦脚什心肝骨瞭團油脚心於肝豬油油肉驚

牛羊仔仔

*

#

36. 24

-* * * * * * * * * *88 | 3 | | | |

៩ឌ៩៨៩ ! នÅគឺ | | | | | |-

ឌ

គឺ ! ! !:

each 55

海口

*

13.

火雞

"

追wach

Fair

1.80 each

30

each

90

ឌី

Almonds

杏仁b

65

Apples (California) ̧..

20

24

B

Bananas (bride's)

̇金山莕菜 "

泰山香孩

##

Đô cách 14

แ

4

•Leg. Shoulder

40 28

44 24

"

*

Saddle

46

и

Pig's Chitlings

30

"P

Brains

Per set 5

12

Carambola

IN

"

Feet

lb.

15

15

Cocoanati

Fry

#r

28

15.18

Lemons, China

跌

Head

18

20

#

糖款 10

"

27

Heart

each 15

10

10

Lemon (America)

13

Kidneys

猪臘

15

10

8

#

Lichees, Dried

Liver

10

猪肝b..

.48

80

24

Oranges (Canton)

Pork Chop

排骨

34

25

28

"

13

*Leg

Loin

-85

Oranges

金山檸業 éách. 荔枝干15 新會刮機: #

B

12

28

#

42 60 70

Peats (Canton)

沙梨

Fat or Lard ...

28 21

"

Peanuts

花生

each 12

6070

8

7

紅梅

lb. 25

15 12 10. 46 20 26 25 22

Plantain

ench 17

Walnuts

80 20 46... 28

合作

18

26

Grapes

50

・

Madrid. Expressing sincere sa- tisfaction with the results of the buying one of $18.40 while as Sheep's Head & Feet.. per set 00 financial year just ended, which much as $13% was actually paid

hows a surplus of 188,000,000 for a few shares. pesetas, Government have publish-

H

London Quotations of the 7th.

"

Heart Kidneys

Liver

Mutton

The Bank has Correspondents in the Commend Centre in the Europa Coullost, Basan shuria, Talagtas, Japan, Inds Chen, Ham, India, ed a resume of the figures covering Inst:-Banks $145;' Indos Dafer- Phlypiss lande, Isva, Airton, 0.8.4., Amirulla,

£4.17.6 all Sucking Pigs, to order . Internal stowed on Current decomle, and the period from January to Novem- red £8.10/-; Shells Deposits at tales which will be quoted on appice ber, showing an increase in revenue middle prices. Sugt, Beef

of 299,000,000 pesetas and 556,- Exchange The demand selling K. NAGURA,

Veal 600,000 pesetas respectively, as rate on London is 2/-1/16 and the HONG KONG BRANCH: ·

compared with the corresponding T/T. on Shanghai is Tis. 78. periods of the years 1927 and 1926.

According to the communique of: the Government this increase fa not due to any particular reform in the

Barbel The Raub Australian Gold Min-Bream | methods of taxation, but reflects the

peaceful and prosperous conditioning Co., one of 1/4"..

Canton Fresh- Water Fish.. Carp v

3. Des Voeux Road Central... Hong Kong, 19th January, 1029.

THE BANK OF CHINA.

行银國中

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

at rates to be obtained on application, Paid-up Capital

H. MORI, Reserve Fund ....

Manager,

Hong Kong, 11th September, 1928.

BANQUE DE L'INDO - CHINE.

*HEAD OFFICE:

of Spain. One-third of the increase is due to the petroleum monopoly, which paid 95,000,000 pesetas to the $80,000,000.00 Treasury, The Customs revenue 18,278,600.00 shows 55,000,000 pesetas above the 9,829,426.24 receipta for the previous year, and lotteries show an increase of 14," 000,000 pesetas.

HEAD OFFICE: PRKING.

HONG KONG BRANCH:

4, Queen's Road Central.

96, Boulevard Haussman, Paris.” Subscribed Capital. Frs. 72,000,000.00 Pald-Up Capital ....Frs, 68,400,000.00 Reserve Funds ....Fr.102,000,000.00 New York.

BRANCHES: Bangkok Hanol Quinhon Battambang Hong Kong Salgon tribo Mengtss Shanghal Canton Năm Dinh Giature

·Tientaln Dijbout Noumea Fort-Bayard Papeete Haiphong

Tourans

Peking Vinh Hankow Prom-Penh Yunnanfu

Pondicherry BANKERS:.

IN FRANCE: Comptoir National d'Escompte de Paris: Credit Lyonnais; Banque de · Parin et des Pays-1 Credit Industrialet Commercials Bociate Cenérale

.

Devidends The Hong Kong Telephone Co., have declared a dividend of 4% payable 28.2.29.

1/. on the preference shares.

The Singapore Traction Co., also

Next Bettlement Day is Friday, February 22, 1929.

Catfish

Codfish

Craba

HOME RAILWAYS

Cuttle Fish

Dab

DIVIDEND PROSPECTS OF THE Dace

Fish.

Dog Fish Eals, Congar. Home Fresh Water.

"The zeal which they have shown, In carrying out their duties, 'com.

FOUR GROUPS - Branches and Sub-branches all over pating with each other, as they do, China anil Correspondents in Europe, id the arduous task of combining

"EARNINGS. REVIEWED America, and other parts of the world. severity with equity, and fiscal

London Bankers: The National Provincial and Union Bank of England, Justice with genial manners to During the year just closed Bri-Frogs wards the taxpayer," says the off.tish Railway revende decreased by Garou The Guaranty Trust Company of cial nota, "has decided the Gover $9,184,000. One or days. Gudgeon

ment to acknowledge the efforts turns have still to be included in New York Bankers: The Irving made by the tax collectors by means the total figure but National Bank.: K

The Equitable Trust Company of of a contribution of 500,000 pesetas the total is likely, [New York, ...

to a school for the orphans of Trea of Interest "allowed on Current AG

Bury officials." counts and Fixed Deposits. Térma on application and

Every description of Banking Bus

ness, transacted.

*Loin" granted on approved secur- THE MERCANTILE BANK OF Itles: 25

Special facilities for Home --Ex-

change.

DON SHOU CHEN,

Manager,

IN LONDONE The National Provin THE BANK OF CANTON, LTD.

cial & Union Bank of England, Ledy

Comptoir National scompte

Paris Credit? Lyoznala,

IN NEW YORK) JPA Morganyà

Co. French American Banking Cor- poration; Guaranty Trust Co. of New

•Established: 1912-

INDIA, LTD.

How working

has, yet to be

rečtipta.

Persimmons, Large

Pumelc, Siam

Vegetables, &c.

Artichoken

Beans, Sprout

16

21

Long

16.

Beet Root

Bitter Squash.

18

16

16

27

9

27

Bed

Brinjale, Green

Cabbage, Chinese

(Shanghai)

Cane Shoots, bunch Cauliflower (Large)

*(Medium) (Small)

Cale Chinèse

сы

Red

竹楽角媛瓜瓜瓜菜花

4

æསྶ

ཙྩུ

ཝཱ ཐཱ སྨཱ ཝ སྨྲ

|}|

ཎྜ སྐ བ 1:|

10

80

| | | 198 | 89 |

9 | 19.

12.

+