1929-05-02 — Page 2

BANQUE DE L'INDO-CHINE.

HEAD OFFICE:

96, Boulevard Haussman, Paris.

Subscribed Gapital. Fra. 72,000,000.00 Paid-Up Capital ....Fra. 68,400,000.00 Reserve Funds ....Frs.102,000,000.00

BRANCHES: Bangkok Hong Kong Quinhon Battambang Hue Salgon

Mengtze Shanghai

Dentho

Carton Nam-Dinh Singapore

Dijbostl Noumes

Fort-Bayard Papeete

Haiphong

Hunkow

Hanoi.

Peking

Thanhoa

Tientein

Tourne

Pnom Penh Vinh

Fondicherry Yunnanfa

BANKERS:

IN FRANCE: Comptoir National, d'Eacompte de Paris; Credit Lyonnais; Banque de Paris et

des Pays-Bas;

Credit Industriel et Commercial; Societe Generale.

IN LONDON: The National Provin- cial & Union Bank of England, Ltd.;

National d'Escompte Comptoir Paris: Credit Lyonnais.

HONG KONG AND SHANGHA!

BANKING CORPORATION.

Authorised Capital

kman 180,000,000 $20,000,000

Find and Fully Paid-up Essers Funda

Sterling...... 8,000,000

H...........4,009,000

Zesarre Klability of Proprietors #20,000.00

HEAD OFFICE: TIONGRONG.

OCUET OF DIRECTORS -

N. B. Brown, Eag,

Chalvas

V. II. MU, EIG Deputy Chairruan,

Tun. Mr. B. D. F. Beith.

4

9 Compton, Esq.

M. I. Jonson, E.

ander Lovin, first

W. L. Patienden, Esg

T. B. Peares, E-1-

J. A. Plurrez, Erg

3. P. Warren, Erg. Chief Hanager,

F Mr. A. C. Hynes,

AMOT

BANUKOW

BATAVIA

de

BOMBAY

CALCOTTA

-CAFION

CH3F00

TY NEW YORK: J. P. Morgan & Co. French American Banking Cor- oration; Guaranty Trust Co. of New fork.

Interest allowed on Current Ac-1 counts and Fixed Deposits according to arrangements.

Every description of Banking and Exchange Business transacted,

COLOMBO

BAIREX POOCKIOW

BRANCHES

LONDON LFONS MALACCA

MANILA MOUKDEN

NAGAHAKI

NEW YORK

PEKING

PCNANG

HANGOON

TAITRONO

BAKBURG

SAN FRANCISCO

HANROW MARBIN

SAIGON

SHANOHA

SINGAPORE

HUNGLEW

SOURABAYA

1

SUNDEL PATANI TESTEIN

J

RyKYO

KOBE

Manager.

Hong Kong, 1st May, 1929,

Safe Deposit Boxes to let.

A. LECOT,

THE YOKOHAMA SPECIE BANK,

LIMITED.

Established 1880.

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

Yon 103,500,000

ilead Office:-YOKOHAMA.

Branches and Agencies at:

Newchwang

Alexandria

Batavia

Bombay

Buenos Apres

Cricutin

C

Cauton

Changchun

Dairen (Dalny)

New York

Osaka

Peking

Rangoon

Rio de Janeiro Saigon

San Francisce

fengtien (Mukden) Seattle

Hamburg

Hurkow

Harbin

Bong Hong

Honolulu

Karachi

Semarang

Shanghai

Shimonoseki

Singapore

Soerabaya

Kai Yuen

Sydney

Tientsin

Kobe

Tokyo

Lorvion

Tsinauft

Los Angeles

Tsingtau

Lyona

Manila

Nagasaki

Nagoya

Vladivostok

(Temporarily

closed)

futereat allowed on Current Ac- .rouais.

Deposits received for fixed periods at rates to be obtained on application.

H. MORI,

Manager Hong Kong, 11th March, 1929.

BOWLOON

KUALA LEAVER

TSINGTAU

YOKOHAMA

Curl Apause opened in Loal Currency and Fixed Deposita clad for one year or aborter periods in Local Currency and Sterling Do karo which will be quoted on application. Hong Kong, th April, 1029.

HONG KONG SAVINGS BANK.

d

The Biom of the shore Bonk is conduci- by the IONOKONG AND SHANGHAI BANKING CORPORATION. Aulay bu sbruinad on appâcalion.

行銀商工法巾

THE CHINA MAIL,

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 Special working capital Reserves

Fra.50,000,000 | Fra.50,000,000 .Fra.22,$19.009

BRANCHES- Paris. Lyons. Marseilles, Saigon, Haiphong, Hanoi Tourane, Quinhon Hi, Thành 20h Vinh, Pnom Penh.

Peking. Shanghai, Tientsin, Hong

Kong.

BANKERS: FRANCE: Societe Generale, Banque Nationale de Credit Banque de

Paris et des Pays Bas. LONDON:-Midland Bank, Ltd.

NEW

YORK:-American, Exchange Irving Trust Co., Banca Compaer-

isle Italiana.

SAN FRANCISCO-Bank of Italy.

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

L. BERNIS,

Manager.

Hong Kong, 3rd August, 1925.

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

Incorporated by Royal Chater, 1859. HEAD OFFICE: LONDON, Paid-up Capital

FON TUG HỒNORONG BANKING CORPORATION.

FDANGHAI

.£2,000,000

Reserve Fund

.£4,000,000

Chial Manager.

Bone Rong. 18th ostember, 1937.

Reserve Liability of Iroprie

tors

.£3,000,000

A. C. HYNES,

NEDERLANDSCHE HANDEL MAATSCHAPPIJ.

INZTEERLANDR

TRADING SOCIETY)

BANKERS,

wwwwww..cm

Betablished 134.

Hong Kong Off Queen's Hood Central. Autor.ad Capital. Quliðara 150,006,000- (219,500,000.) Pride Cantal Guliders 80,000,000

12.03.1 Deserve Fund

Guidere 40.000.000- (28,898,880.)

Head Office -AMSTERDAM'}. Eastern Hard Vibes:-BATAVIA.

BRANCHE:-Bandera Bandostg Bombay,

Agencies and Branches:

ALOR STAR

(Malay itokay?

AMRITSAR

DANG SUK JAVAVIA BOMBAY CALCUTTA CANTUN CAWKPORE CEBU

KUALA LUMPUR

EUCHINO

MADRAS

MANILA

MEDAN

NEW YORK PEKING

.

PENANG

PESHAWAR

COLOMBO

DATRES (Dalez, -

South Vigselria)

DELI

RANIOUN

SAIGON

SEMARANG SERBEBAN

SHANCHAI

SINGAPORE

SOUBABAYA

TAIMING

IFKA

HAIPHONG

HAN HUNG

HANKOW

HARDIN

IN. Maneluria)

TAVOY

ILULO

IPUH

KARACHI

KLANG

КОВЕ

KUALA KANGSAR

Perak P.M.S.j

TIENTSIX

ТОКУС

TONGKAH (9kukati TSINGTAO

ТОКОЗАМА

ZAMBOANGA

(Philippine Junān)

and

Foreign Exchange

General

alma, Cheribon, Jadla. Djuruber, Djokickat) Tha ifs En Eola-Radis, Makasar, Madio, Padaar Telembab Pekalongan, Pabat.g Pontianak. Hangoon Botenda"}, Sear

Shanghai,

Sibol (Brand), ingepon. Brarabia Soerakarta (Bola). Tagal. Banking business transacted,

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

and Walterredou.")

The canoe bare safe deposit boxen in lari. London Bankers-National Previnoal Back Ltd.

Correspondants all star she wereld

Banking bulan of very

dasaription rasaankad

0. STEENSTRA.

Hong Kong, th August, 1928.

Masager.

A. H. FERGUSON,

Manager.

Hong Kong, 8th January, 1929,

THE BANK OF CHINA.

行銀國中

(Specially Authorised by Presidential Mandate of the Republic of China

on the 22nd of November. 1917).

Authorised Capital Paid-up Capital Reserve Fund

$60,000,000.00 18,278,600.00 9,020,426.24

HEAD OFFICE: PEKING.

HONG KONG BRANCH:

4, Queen's Road Central. Branches and Sub-branches all over Europe, China and Correspondents America, and other parts of the world, Londo Bankers: The National Provincial and Union Bank of England,

Every description of Banking Busi ness transacted.

Loans granted on approved accar- ities.

Special facilities for Home Ex- change.

SHOU J. CHEN,

vice

FOREIGN FUNDS

NEW YORK BANK ON THE SITUATION

COMMERCE

AND

FINANCE.

THURSDAY, MAY 2. 1929.

assurances, amounted to £2,502,925, or after deduction of single premium (with loan) business to £2,222,925. In either case, the figures exceed all pre- In vious records for the association. addition to these figures, the Metropoli- tan issued policies for $241,095, pro- viding new annual premiums of £5,881, and single premiums of £23,442.

to

The

UNCLAIMED TELEGRAMS.

THE GREAT NORTHERN TELEGRAPH CO., LTD.,

1

OF DENMARK.

The following unclaimed tele- grams are lying at the office of the Great Northern Telegraph Com- pany (Limited) of Denmark:- Manila Hotel, from Kobe. Honbunscon Wonko Ahilouki, from Amoy.

Funo, from Shanghai. Cheang Shit Har, 34, Kennedy Road, from Shanghai.

E. V. JESSEN,

Superintendent. Hong Kong, 25th April, 1929.

THE EASTERN EXTENSION AUSTRALASIA & CHINA TELEGRAPH CO., LTD.

The following unclaimed tele

Telegraph Co. office, Hong Kong:-

Calkins, from Shanghai. Kingcho, from Haiphong. Woods, from Singapore.

New York, Yesterday. In its monthly review the National City Bank, of New York, the largest

The total premium income of the bank in the United States, expresses Ltil

the opinion that unless some solution three offices, apart from eingle pre-

of every kind, amounts The Guaranty Trust Company of of the

present critical situation is miums found, foreign funds will continue to $1,449,682. The increase in the year is New York.

New York Bankers: The Irving flow to the United States, lowering £57.859. The total interest income of

offices is £1,033,008. the threa National Bank.

the rates on foreign exchanges. The Equitable Trust Company of

The sale of foreign securities as

average rate of interest yielded by the total funds of the London Life and New York.

the American market will be hamper- Interest allowed on Current Ac-ed, the purchasing power of the for. Clergy Mutual was £5 2s. 6d. per cent.

and of the Metropolitan £5–114. Gd. per counts and Fixed Deposits. Terms on

eign countries will be diminished, and cent, the corresponding rates, after application,

the marketing of American agricul tural and olker products will become allowing for income-tax, being £4 12s. more difficult-Reuter's American Serbd. and 24 15s. Id. per cent, respec-grams are lying at the E. E.

The rate of interest for the tively year beginning July 1, 1929, in connec- tion with the various sohomes of ac cumulation issued by the London Life, will be £4 2s. Ed. per cent. net. Ex- penses of management of the London Life and Clergy Mutual were 911 Sd. per cent. of the premium income, as compared with £5 108. 9d. in 1927. The corresponding figures for the Metropolitan were £6 17s. 6d. per cent. in 1928 and £6, 8s. per cent. in 1927. In future yours the rates of interest and of expenses of management will, under the agreement, be the same for each office. Claims by death and the percentages which they represent of the amounts expected by the Om(5) table are as follow: London Life 62.6; Clergy The £372,035, percentage

£240,106, percentage

73.1:

Manager

THE BANK OF TAIWAN, LTD. (TAIWAN GINKO)

HEAD OFFICE:-Taipeh, Formosa Incorporated by Special Imperial Charter. 1599.

Central Bank in Formosa. Bank Notes issued

Avorage, amount Yen 45,000,000

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

Osaka.

FORMOSA---Giran, Kagi, Karenku,

Shin Keelung, Makong, Nento,

Takao, chiku, Taichu, Tainan, Tamsui, Toen, Hetto, Taito. CHINA: Shanghai, Hankow, Amoy,

Peschow, Swatow, Canton, OTHERS: Horg Kong, Singapore,

Soerabaya, Semarang, Batavia, I Bombay, Calcutta, London, New York, Dairen.

LONDON BANKERS:

The London County Westminster and Part's Bank.

The Back Corraspondents in the Comerciai Russia, Man-

Centrer la the Eurose Coon. Blan, India,

cburia, Triaglao, Jajo, Philippias laudo, fare, Atrics, OSA., Australia,

Internt allowed on Current Avonunig, sad fized Depois si tales which will be quoted an applica in. Daporita a es can be weeped

K. NAGURA,

HONG KONG BRANCH:

Manager.

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

"LONDON LIVES"

REPORT ON WORK OF THE ASSOCIATION

The report of the London Life Asso ciation (with which are incorporated the Clergy Mutual Assurance Society and the Metropolitan Life Assurance Society) for 1928 states that the sane tion of the Court having been duly obtained to the agreement of January 19, 1928, between the London Life, the Clergy Mutual, and the Metropoli- fan, a balance-shot of the joint fund is published for the first time. total funds of the London Life and Mutual Clergy Mutual have increased in the Metropolitan £156,751, percentage 69.8. year by 2890,975 to £17,211,784. The -A summary "of the financial results joint fund, including the Metropolitan, of the three offices shows that the sur- amounts to £10,849,170. A valuation plus, including the amounts brought of the Stock Exchange securities of the forward

profits realisation and three offices shows a margin over the frem

to amounted book values of £852,589; the combined £694,351, in addition to which 445,969 investment fluctuation fund stands at was released from the valuation reserve £172,985. With the reserves and uns by the Metropolitan, and £6,000 was Clergy reserve by the appropriated, the total margin shown taken from over the actuarial feserves amounts to Mutual. The total of £685,820 is dis- £1,390,630.

posed of as follows:-Provision for in- The new assurances completed by the crease in rates of reduction £152,767; London Life, after deduction of re-strengthening of valuation basis for

THE BANK OF CANTON, LTD.

Established 1972.

Head Office:-Hong Kong.

Authorised Capital (1. Currency)...$11,000,000 Paid Up Cavišal saama Boserve Fund gatazka z

BRANCHES

DE

800,000

Bwatow,

Ondon, Shanghai, Haskow,

New York and Sma Francisco, BON BANKLES:-

The Lleve's Book Imited. CORRESPONDENTS

In a principal cities of the World, Foreign exchange and banking Lesis of every decoripios Terreacted.

Bato Eporis Boxes (various sinus) at a jourly' rental air $50.

LOOK POONG SHAN,

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

annuities, £26,244; written off invest- ments, £36,000; cost of reversionary bonus declared, £268,821; to invest- ment fluctuation fund £62,985; to staff super sauation fund, £47,908;

31, December

1928, appropriated $92,105.

un-

SUPPORT, FOR OIL CUT COMPACT

New York, April 24. The

American Directors of the Petroleum Institute have unanimous- ly decided in favour of co-operating with the Federal-Oil Conservation Board in promulgating an inter-State compact to curtail oil production dur ing the next three years to the 1928 level-Associated Press.

280, Kowloon Tong, from Paris Po.

S. LACK.

Superintendent. Hong Kong, 25th April, 1929,

Its not Bear Brand

"BEAR BRAND"

NATURAL MILK

for building bone brain and brawn in growing children. Sole Agents for H.K. & So. Chlua A. B. MOULDER & CO., LTD.

China Bullding. Hong Kong.

Qur Opening

TO-MORROW, FRIDAY, MAY 3rd.

KASHMIR SILK STORE

36a, Queen's Road Central

(Opposite Queen's Theatre)

We extend a cordial invitation to all the Ladies of the Colony to inspect our Wonderful Array of Beautiful New Silks and Silk Goods that will be on display.