1929-04-06 — Page 2

HONG KONG AND SHANGHAI

BANKING CORPORATION.

Authorland Capital.

Inroad and Full Paldop

$50,000,000 $20,000,000

Stellige

£6,000,000 $14,000,000

Reserva Fundam

Bulver.....

Banarva Liability of Propelatom 20,200,000

HEAD OFFICE: HONGKONG.

COURT OF DIRECTORS :--

N. 9. Brows, Begi

Charmin

W. 1. Bell, E

Deputy Chairman.

B. D. F, Beith, Esq.

A B Compton, Évę,

Beg.

3. Lander Lewis,

C. G. E. Mackie, Era

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. Lazare, Paris.

Capital fully paid up. Frs.50,000,000

W. L. Pattenden, Esq. Special working capital .Frs.50,000,000

T. E. tearce, Esq.

J. A. Plommer, Eng.

J. P. Warren, Paaj. Chief Manager Hon. Mr. A. Û. Hyes.

BEANCHES :-

AMOT

LONDON

DANGEOX

BATAVIA

BOMBAY

CALOUTTA

LYONS MALACCA MANILA

MULKDEN

CANTON

NAGASAKI

CHEFOO

NEW YORK

·COLOMBO

DAIREN

YOUCHOW

KAIPHONG

HAMBURG

SAN FRANCISCO

HANKOW

-1 XAPORE

3

HARBIN HONGAEV

ILOILO

IPolt

JOHORE

RODE

KOWLOON

KUALA LUMPUR

PEKING

PESANO

RANGOON

SAIGON

SHANGHAI

SOURABATA

SUNGEU PATANI DESTEIN

FOGYD

THNOTAO YOKOHAMA

Current Aroounts opened in Loei Currency

and Fizel Raponita Tepulved for ne year or shorter periods in Local Currency and Sterling en arms which will be quoted on application Hong Kong, 18th March, 1929.

Reserves

BRANCHES:

Fra. 22,319.000

Paris Lyons, Marseilles, Saigon, Haiphong, Hanoi, Tourane, Quinhon, Huế, Thanh hoa, Vinh, Pnom Penh.

Peking, Shanghai, Tientsin, Hong Kong.

BANKERS:

ciale Italiana.

SAN FRANCISCO:-Bank of Italy.

METAL MARKETS

was

THE CHINA MAIL,

COMMERCE

AND

FINANCE.

SHARE MARKET

MEBSRS. MOXON AND TAYLOR'S WEEKLY REPORT

BANK NOTES

LOCAL CIRCULATION AND RESERVE

Returns of the average amount of Bank Notes in circulation a of specie in reserva in Hong Kong, during the month ended March 31, 1929, as certified by the Managers of the respective Banke! are as follow:-

Average Specie Amount In Reserve,

'Banks

Meesra. Moxon and Taylor, in their Chartered Bank weekly circular on the local share market, under date of yesterday,

state:

TIN AND COPPER FLUCTUATIONS

Messrs. Rudolf Wolff & Co., Lan- don, in their weekly review, dated March 15, state:

There

a considerable amoun: of speculation earlier in the week as Our market was quiet during the to whether the Bank Rate would be week under review though with a again altered, but this remains unsteady demand for sound investments

per cent. changed at 54 per

such Insurances; while Publie Tin

Utilities were not neglected. Shanghai market is quiet. The following are the principal al- terations since last week!

Banks: Were quiet but steady with buycra at $1,235 and sellers asking $1,245,

FRANCE:-Societe Generale, Banque

This market on Monday opened Nationale de Credit, Banque de Armor at £222 three months, but with Paris et des Paya Bas.

general selling prices gave way and LONDON:-Midland Bank, Ltd. NEW YORK: American Exchange Tuesday came down to the lowest Irving Trust Co., Banca Commer-level we have witnessed for some

time.

Since then there has been a better tone and with concentrated demand for Cash and intermediate dates values have ly for the nearer positions, so that ava improved, especial- there is now a backwardation of 15/- The East has sold 1,450 tons during the week at prices varying from from 224.10.0 to £221.5.0 to £223.7.6. The in London premium on Straits Tin bas now gone off to about £2, whilst

is quoted at the Banka premium

£4.10.0. There is still a good de- mand from consumers in Europe and America, and the market closes with. n atcady undertone.

Every description of Banking and Exchange Business Transacted.

Cor responderts throughout the world.

LA BERNIS,

Manager. Hong Kong, 3rd August, 1928.

HONG KONG SAVINGS BANK. Reserve Fund

The Busines of the above Hack is conduct. ed by the HONGKONG AND SHANGHAI SANKING CORPORATION

obtained on application.

FOR THE KONGEONO BANKING CORPORATION.

jilom

Laig ba

SHANGHAI

Gatet Manager.

flong Kang. 18th September, 1997.

4. HYNES,

NEDERLANDSCHE HANDEL MAATSCHAPPIJ.

INETLER:ANDS TRADING BOCIETY)

BANKERS.

Establimbed 1824.

Yong Hong Odice:

Authorised Capital

Prid-Up Capital

Desert Food

Quevon's 'Road Conteal.

Ouilder 100,000,000

(£12.500.000.)

Gullara 10.063.000

(8,685 870 Guldare 16,000,000 (8,283,688.)

Leal (hon--(AMSTERDAM”). Easter Hood Off-BATAVIA.-

tors...

ALUR STAK

ཐ

Insurancea:-Met with a steady de- mand at quotations.

Hong Kong Hotel:---Had

a fair turn-over though at rather declining prices from $9.10 to $9.90.

Hong Kong Trams: Came to basi neas at $18,60 but close rather easier with sellers at $18.40. Hong Kong an

Lands: Were steady with buyers at $63 at which price a few shares

changed handa, Humphreys' Estates:Were in de- mand and came to business at $14,40.

Star Ferries:Came in for some en quiry though at the rather lower price of 867,

Steamboats:--Were on offer at $88 without attracting buyers..

China Lights: Were the medium of considerable business from $13% to $4, but close quieter with buyers offering $13.

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

Incorporated by Royal Chater, 1858. HEAD OFFICE: LONDON.

Opening Closing £220.15.0 £221.15.0 Paid-up Capital

£3,000,000 Cash £1,000,000 Three months....222 2221

Turnover for the week 2,425 tons, Reserve Liability of Proprie-

Copper Copper has been very active and cited, having had another somewhat sensational rise following the lifting of the price of Electrolytic in America and favourable figures published there (of which we give some details be low). There is still good demand for copper from consumers, and re- ports from America are vary optimis tic, so it looks as there would not be any falling away in values.

Options. Owing to the big fuetuding rate of $20, tions, options have become much dear- er, namely,

(Unlay States'

AMRITSAR

BANGKOK

KATAVIA BOMBAY CALCUTTA

. 23,000,000 Agencies and Branches:

KUALA LUMPUR EUCHING MADRAS MARKLA MEDAN NEW YORK PEKINO PENANG PESHAWAR BANGOUN SAIGON GEMARANG BEREMBAN SHANGHAI SINGAPORE SOURABAYA TAIPING (F,M 8.) TAVOY

CANTON CAWNPORE CEBO

COLOMBO

DAIREN 13sday,

South Manchuria) DELHI

(3. Manchuria)

TOKYO

Double 18.

Single £4. Opering Closing Cash

..£ 82. 5.0 £90. 5.0 Three months ....£ 83.12.6 #91.15.0

Turnover for the week 18,150 tores.

January February

HAIPHONG

HAMBURG

HANKOW

HARDON

HUND YONG

TIENTEIN

ILOILO

ТРОН

TONGEAH (Bhuka})

KARACHI

TRINGTAO

KLANG

YOKOHAMA

ZAMBOANGA

TULA BANGSAR

(Pippine Zalando)

tong

General

American statistics.

Production ... Exports 57,000 Domestic de-

154,000

1.11,000 50,000 99,000

ROBE

Perak (F.K.8.)

Exchange

and Foreign Banking business transled,

Current Accounts opened and Fixed Deposits received for 1 year or short-

er periods at rates which will be quot

----- BRANOBLES ---Randjermaja Handong) Bombered on application.

Catoutin, Chariban, feddeb, Djembur, Dojakts The Hagh Kobe Acteladi, apestar, Naden, Padang Parslogan, Penang, Palembang. Pontianak, Kangoon, Soterdam Gemarang"), Shanghai, Bibolga Alagaporn,

Bouraba

A. II. FERGUSON,

Manager, Hong Kong, 8th January, 1928,

Somrakaria (Božo), Tegal, THE BANK OF TAIWAN, LTD.

and Welarradet.")

*Thorn ofiss kave unte deposit boxas London Backers-National Provincia Bank Laå

Correpozit all avar the world Banking business of story description transacted.

O. STEENSTRA,

Hong Kong Bath Auguet, 19220.

Manager.

BANQUE DE L'INDO-CHINE.

HEAD OFFICE:

96, Boulevard Haussman, Paris.

Subscribed Capital

(TAIWAN GINKO)

HEAD OFFICE:-Taipeh, Formosa.

Incorporated by Special Imperial Charter, 1899,-

liveries .... 100,000

Refined stocks

Bllater stocke

$3,000

tonx

55,000 250,000 235,000

Lead opened steady on Monday but prices gave way the next day es pecially for March, owing to the de- claration of considerable

quantities of clarz

lead for this month's shipment and for delivery ex warehouse, the con- Lango at one moment going out to Since then there has been a 7/6d. better tone and the market closes firm to-day at the prices mentioned below.

Reports from America .con-

tinue to be favourable.

Central Bank in Formosa. Bank Notes issued

March

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

April

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

Osaka.

May

Opening Closing

‚£ 23.12.6 £ 24. 1.3

28.12.6

..4

£ 24. 1.3 ..£ 28.15.0 € 21. 3.9

£23.16.3 24.

£24. 6.3 Turnover for the week 8,300 tons. Spelter has again

heen an

an active Frs. 72,000,000.00 FORMOSA:-Giran, Kagi, Karenko, market. Reports of the meeting held Keelung, Makong, Nanto, Shin-in Brussels by members of the Cartel Paid-up Capital Frs.102,000,000,00 Frs. 68,400,000.00 |

chiku, Taichu. Tainan, Takao, state that it was decided to reduce Tarsui, Toen, Heito, Taito.

the rate of curtailment of output, but CHINA: Shanghai, Hankow, Amoy this news had no effect on our mor- and, with influential support, to advance. A Batavia, quantity of metal has now been

Reserve Funds

BRANCHES:

Bangkok Hanoi Quinhon

Battambang Hong Kong Saigon

Shanghai

Canton Nam Dinh Singapore

Cantho

Mengtze

Dijbouti

Fort-Bayard Papeete

Tientsin Tourane

Noumes

Haiphong Peking Vinh

Hankow

Pnom-Penh Yunnanfu Pondicherry

BANKERS:

IN FRANCE: Comptoir National d'Escompte de Paris; Credit Lyonnais; Banque de Purs et des Pays-Bas, Credit Industriel et Commercial;

Societe Generale.

IN LONDON: The National Provin cial & Union Bank of England, Lid Comptoir National d'Escompte Paris; Credit Lyonnaie.

do

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

Poochow, Swatow, Canton.

OTHERS:-Hong Kong,

Soerabaya, Semarang,

Singapore, have continued

Bombay, Calcutta, London, New

York, Dairen.

LONDON BANKERS:

released from the Continent through the thaw setting in, and consumers

The London County Westminster and have apparently sufficient material for

Parr's Bank.

their

requireraents. Advices from the Continent indicate that demand from The Bank has Contepondents in the Commercial galvanizers is inclined to fall off Centrer in the European Continent, Buvin, Ma curte, Tangtan Japan, Indo-Cafe Batalla, keeps firm; the statisties published In America, the market Indis, slightly. Philippine Islands, Java, Africa, ÜB

there during the week (which we

(which we ap- Insert Bowed og Current Accounts, and Fixed open came be quoted on applica. Pent disclose a satisfactory position.

Options, Double 51.7.6;

be

K, NAGURA,

HONG KONG BRANCH:

Manager. March

3, Des Voeux Road Central. Hong Kong, 19th January, 1929.

Aprli May

June

THE BANK OF CHINA. 行銀國中

Interest allowed on Current Ac (Specially Authorised by Presidential

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, 1326.

THE YOKOHAMA SPECIE BANK, LIMITED.

Established 1880. Capital (fully paid-up) Yen 100,000,000 Reserve fand........Yen 105,500,000

Head Office:-YOKOHAMA.

-Branches and Agencies at: Alexandris

Batavia

Bombay

Buenos Ayres

Calcutta

Canton

Changchun

Dairen (Dainy)

Newchwang New York

Osaka

Peking- Rangoon

Rio de Janeiro * Saigon

San Francisco

Semarang Shanghai

Shimonasekl

Fenghien (Mukden) Seattle

Hamburg

Hankow

Harbin

Hong Kong Honolulu

Kal Yuen

Singapore Sourabaya Sydney

Kobe

Tientsin, Tokyo

London

Trinaufu

Los Angeles Lyons

Tringtau

Vladivostok

Nagaraki

(Temporarily

closed)

Nagoya

Interest allowed on Current Ac **Deposits received for fixed "pariods mt zubes to be obtained on application.

HL MOEL

Hong Kong, 11th March, 1929

Mandate of the Republic of China

on the 22nd of November, 1917).

Authorised Capital

Paid-up Capital- Reserve Fund

Opening Closing

£ 26. 2.6 £ 26.17.6

.£ 26. 3.3 £ 26.176

£ 26.10:027

$27.2.6 26.11.3 Turnover for the week 7,150 tons.

January February

American statistics.

.$60.000,600.00 18,278,600.00

9,629,425.24...

HEAD OFFICE: PEEING,

HONG KONG BRANCH:

tong

tong

Production..... 49,709 48,154 Amount shipped 19,732 Stocks At end

monta

52,952

45,418 40,420 Retorts operating, 63,314 67,601

The total output of the Kailan Min- ing Administration's mines for the week ended March 23, amounted to 09,062 tons, and the salas during the period to 116,413 tons.

4. Queen's Road Central. Branches and Sub-branches all over China and Correspondenta in Europe, America, and other parts of the world.: London Bankers:-The National Provincial and Union Bank of England, THE MERCANTILE BANK OF

INDIA, LTD.

Ltd.

The Guaranty Trust Company of

New York.

New York Bankers:The Irving National Bank,"

HEADS OFFICE:

15, Gessoburch Simst, London, E. 0.8. Authorised Capital

The Equitable Trust Company of New York.

Interest allowed on Current As-Subscribed Capital counts and Fixed Deposits. Terms en application.

Every description of Banking Bu

ness transacted.

...

£3,000,000

1,800,000

1,050,000

Paid-up Capital Reserve Fund and rest. 1,584,840. BANKERS:

The Bank of Bagland & Midland · Bank, Ltd, BRANCHIES:

Loans granted on approved secure Bangkok Hongkong Kuala Lumpur Ben poc ities.

Batavia, Howrah Kuantan Cabsog) Shanghai

Madras Special facilities for Home Eg. Horbay Ipah

Caloria Kindy. New York change:

Colabo. Karachi Penang

Galla

Bingapor Bourabaya

SHOU J. CHEN, Dalki Kota Bhers Fort Louis (Mastiktas)

Manager.

THE BANK OF CANTON, LTD.ness transsted.

Established 1912

Head Offee:-Hong Kong.

Authorized Capital. (H.K. Carratzay) ... 031,000,000 Pull Up Gapital mana K RESORTS Fund

BRANCHES

Canton, Ebanghai, Hankow, Dwalow, Bangkok, How, Lork and Han Francisco.

LONDON BANKERS 1080

Ata Lloyd's. Beni Liudied. CORRESPONDENTI

In al principal dám 32 CM) Wall. Foreign exchange and to banklar, boatowa – NE

Endo Shoptalk, House Candour, five, al-a' quadly

LOOK POONG SHAN,

Chief Manager. Hong Kong, 19th Februsay, 1927,

HONGKONG BRANOIL Every descopies of Beaking and Exchange haal- ́ INTEREST allowed on Current Andronie-and- Fixed Deponi në: Dates? that may be anosṛtafood on application, -S

G. E. G. SANDES,

Manager. 7. Does's Bond Contrai,

Hoag Book, Beptember, 1998.

THE NEW - PRENCH REMEDY,

THERAPION No. 1 THERAPION NO.2 THERAPION NË

Electrica: Eased off a little and changed hands at $58%/%.

China Providents:-Were done at $4.50 and more shares could probably be placed at this price.

Cements:-Were wanted at $8.55 for the combined shares but there were no sellers under $8.70.

of India. Australia and

Hong

China $15,205,761 $6,300,000*

Kong and Shanghai Bankding Cor- portation... Mercantile Bank of In- dia, Ltd...

.

47,198,192 84,000,000₫

660,000$

1,699,455

Total $64,103,409 40,960,000 * In addition Sterling Securities are deposited with the Crown Agents valued at £1,282,100.

In addition Securities deposit- ed with the Crown Agents and Straits Government valued at £2,990,442.

In addition Securities deposited with the Crown Agents, valued at £180,000.

SATURDAY, APRIL 6, 1929.

TO-DAY

and every day

drop in for a

“quick one

at the

ST. FRANCIS HOTEL.

FREE SNACKS

every day from 10.30 -12.30

5.30

and

7.00 p.m.

GROUND FLOOR LOUNGE.

The following statement of the securities lodged with the Crown Tel. No. C. 5134. · · Tel. No. C. 5134. Agents by the Mercantile Bank of India, Limited, against their notes in circulation, is published for gen- eral information under Section 5 of the Mercantile Bank Note Issue Or dinance, 1911, (Ordinance No. 6h of 1911):-

Latest Security Amount mkt. price.

6%%

Treasury Bonds repay- able at 100. in 1930

£180,000 100%-101

Dairy Farms:-Eased off to a sell- REMOVE THE CAUSE

Watsous-Were quiet at $13.20 ex the dividend of

of 30 cents. Wharves-Came to business at $123 and have further buyers at this.

Dorks: Met with no demand.

Benguets: Again had buyers but

no sellers at 82%.

London Quotations of the 4th inst.:

Banks £132; Indos. Deferred £7.17.6

Shells. 14.19.9 all middle prices.

Exchange: The demand selling rate

on London is 1/11-11/16 and the T./T. on Shanghai is Tla.78%...

You have more assurance by taking

OUR GENUINE CHINESE MEDICINE & PILLS.

SHING

on sale at:

CHAI TONG DRUG STORE

Established 1892.

180, Quee Rond "C.

Tel. C 1853.

OF INDIGESTION.

Nine times out of ten indigestion is

caused by barmful, excess stomach

and formonts the acid which cours food, forms gas, and induces pain,

cvily logical way to obtain relief

Pimples, Blotches Quickly Vanish

Under This Penetrating Antiseptic Ton can be clear, amach, relrety day coding guid If you will only ses the pure LAVOL. 4osthea' Che ileges Bad SHTON AWAY pimples, bloirden and other blemishon ITCHING STOPS INSTANTLY. TAS Dealing with Debt- trates the skin leaving to main upon the surtzen. Un pleasant LAYOL for a pure skin and 'aralp. Made In T. B. A. and sold by all good druskista. (Distributors aller & Phipps, Manila-Bhanghai

BEST COAL & CHEAPEST PRICE

KWONG HANG & CO.

Tel. C. 2736. 43, Des Voeux Road Central, Government and Admiralty Coal Contractors.

HOUSE COAL

is to get rid the

and 'Bisur- cause, ated

Magnesia does this instantly. Bisurated Magnesia not only neu tralizes the acid and stops the food fermentation, but also heals and pro- tects the acid-inflamed stomach lining.. Thus normal, healthy stomach condi- tions are restored, and natural, pain Peak

Bisarated' digestion follows. Magnesia, which is absolutely safe Upper Level and harmless, is used by thousands, Middle Level recommended by physicians, and la ob- Central Office $20.00 Lainable of all chemists in both tablet and powder forms.

less

Gat a package to-day, use as directed, and get rid

Kowloon

.at $23.00 per ton.

WE CLEAN PARTY FROCKS

and all other items of the dainty feminine ward- robe, with the same pains- taking care you'd use yourself. Our charges are

so reasonable it's really a great economy. Call on us.

THE STEAM LAUNDRY CO.

HEAD OFFICE & WORKS: Mongkok, Tel. K. 32.

HONG KONG DEPOT:

18, Stanley St., Tel. Č. 1279,

KOWLOON HOTEL DEPOT, PEAK HOTEL DEPOT. HONG KONG HOTEL (Visitors

only).

PENINSULA HOTEL (Visitors

only).

Write or Phone for complete Price List,

"PONTIAC"

"CHIEF

OF THE

SIXES."

Sole Agents

*L. C. LTD.

-TANG YUK, DENTIST

Successor to

the late SIEN TING

14, D'Aguilar Street.

,, $22.00

#

,, $21.00

#

19

n

35

TERMS VERY-MODERATE Consultation Free.

..$17.00

The above prices - Include delf- of your digestive troubles before they very charges to destination. cause you serious harm.

Do you ever sult, fovethroat, tooth selle, e Cathmar te you

you ever suffer from Headache, Cough, Cold, Rheumatism,

do, will you allow us to solve the question of securing a cure, of course, a permanent one, and put an end to these dreadful enemies of humanity? Or do you like to be handicapped in society, in busi- ness or in your daily association with your strong, healthy friends? For your own good, we would strongly advise you to have an open mind, and to make use of what you can call your true companion, This BALM which ̈is our preparation-THE TIGER BALM. entirely free of animal fat and other injurious substance has been proved most reliable and unequal in curing the above ailments. The great demand for this BALM which runs to a MILLION POTS each year testifies amply to its eminent value and efficiency. -

SO WHY NOT GIVE IT A TRIAL NOW AND GET IMMEDIATE RELIEF? OBTAINABLE AT ALL DRUGGIST SHOPS AND BIG STORES,

Small Pots Big Pots

chronle headache?

$0.25 each

$0.60 each

Have you found that no

Do you suffer from too serious as to be a constant victim of

headache? Your mental capability is weakened and you are hindered greatly in your social duties. You attend to your daily work with the feeling of a tired and old man, and you reture home in a depressed and miserable state to your wife and lovable children. Can't we solve the problem for you? We do not render you a long bill for our professional attendance on you. On the contrary, we are only too anxious to help you to be cheerful everywhere you go. We want you to be a "DON JUAN" in society and a well-respected member in business circles. Just pay a few copper coins and you will get all the relief you require. We will help you to drive away the evil of this disease-FOR EVER,

SO PLEASE PROVE THE TRUTH OF THE ABOVE BY GETTING A PACKET OF OUR “TIGER BRAND HEADACHE CURE” when occasion arises.

10 CENTS per packet.

ENG AUN TONG

THE TIGER MEDICAL HALL.

HEAD OFFICE RANGOON, BURMA,

Branch: Offices ********

Hong Kong 26, Bonham Strand, Fast. Singapore, Shanghai, Swatew.

ENG AUNTONG QUAP HA

TIGER BA

TIGER KRAND

REGISTERED