1929-06-01 — Page 2

HONG KONG AND SHANGHAI BANKING CORPORATION.

Leikarinad Capital

$59,000,000

Lamed and Pully Paid-up. . $30,000,000 Berry Funda-

Berling

Silver

1,000,000 $14,000,009

Kesuru Liability of Proprietors 9:30,000,

BRAD OFFICE: HONGKONG.

BOARD OF EXRECTORS:----

H. 8. Brown, Esq.·

Chairma

Well, Beg Deputy Chairman.

Hoo, Mr. B. D. B. Belth.

1. E. Compton, Eag.

M. T. Johnson, Ex1.

B. Lander Lawie. Ing.

AMOT

RANDFOR

BATAVIA

OMBAY

CALCUTTA

STON

TUBFOO

*COLON RO

EK KORÓW

1.203

4AVROBU

H

HAUE

LIGNOLES

J

JAURE

UNE

3,་,,,I}"

W. L. Patiendon, Zes

T. K. Pearce, Eq.

J. A. Plummer. Ekg. J. P. Warran, 49.

Chint Manager, Boo. Mr. A. O. Bree

BRANCHES-

APALA LUMPUR

LONDON

LIONE

MALACCA

BANILA

MOURDEN

NAGAHAKI

NEW YORK

PERING

PENANO

RANGOON

BATOON

SAN FRANCISCO

BUANGHAI

SINGAPORE

HOURABAYA

BUNGE PATAN! TIENTSIN

TOKYO

TSINGTAO YUKOHAMA

Cum Levas opened in Iscoal Dumenty and Fixed Deposita received for the your

korside in Lomal Currency and Barling Not wick will be quoted on application Hong Kong, 2411 May, 1929.

HONG KONG SAVINGS BANK.

The Dusite of the abate Bank la conduct as the BONGEOND AND SHANGHAL BASKING CORPORATION, Kalau shisid on application.

FOR THE HONGKONG BANKIND CORPORATION.

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, Paria,

Capital fully paid up. Fra 50,000,000 Specini working capital .Frs.50,000,000 Frs.22,310,000 Reserves

BRANCHES:

Paris, Lyons, Marseilles, Saigon, Haiphong, Hanoi, Tourane, Quinho, Huế, Thanh hoa, 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

THE CHINA MAIL,

SHARE MARKET

COMMERCE

WEEKLY REPORT

MESSES, MOXON AND TAYLOR'S

MODERATE BUSINESS

Messrs. Moxon and Taylor, in their weekly report on the Hong Kong share market under date of yesterday, state:

We had a fairly quiet market dur- ing the week under review with moderate amount of business pat through; at the close the undertone is steady.

Shanghai market is quiet

Irving Trust Co., Bazen Commer-terations since last week: ciale Italiana.

SAN FRANCISCO:-Bank of Italy.

AND

FINANCE.

WEEKS & CO.,

LTD.

LOSS OF $69,800.45 ON YEAR'S WORKING

CLOSING HANKOW BRANCH

The directors of Messrs. Weeks & Co., Ltd.. submit an audited statement year ended of the company for the February 28, 1929.

The year's working has resulted in a loss of $09,800.45, including the Hankow branch, the stock of which is now being liquidated, and the branch will be closed for business about June 1. A portion of the premises are now

The following are the principal atlet and it is anticipated there will not he any difficulty in finding wore It is proposed to carry forward to new s the above amount the balance brought. together with forward.

DirectorsThere has been no change doring the year to February 28, but since then Mr. Leslie 3. Cubitt, and Mr. H. Martin Little have resigned, Mr. Donald W. Leach was invited to join the Board and this requires confirmation.

Banks: Continued in demand attenants. rising prices and came to business at $1250/60.

with Unions:-Were quiet

some Cor-sales at $340 ex dividend of $80.

Other Insurances:-Were also quiet at quotations.

with Hong

Hotela:-- Met Kong steady enquiry at $8.60, but there were no sellers under $8.80.

Hong Kong Trans:-Were dealt in at $18%/35.

Manager.

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

L. BERNIS, Hong Kong, 3rd August, 1928. THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA. Incorporated by Royal Chater, 1859. HEAD OFFICE: LONDON.

£3,000,000 Paid-up Capital Reserve Fund

£4,000,000 Reserve Liability of Proprie

Many g

ANSITBAB BANGKOK BATAVIA BUN BAY

ALCUTTA

KUALA LUMPUR

KUCHING

MADRAS

MANIA

MEDAN NEW YORK

tors

Agencies and Branches:

£2,000,000

ALOR STAR

*

may be

BHANGHAI

A. C. MYNER,

Chial Manager

DEFU

COLOMPO

PEKINO PENANG PESHAWAR RANOVOM SAIGON

SEMARANG

Beuth Manchuria)

SEREMBAN

SHANGHAI

HAIPHONG

HINGAPORE

HARBURG

Hong Kong, 18th September, 1997,

NEDERLANDSCHE HANDEL-

MAATSCHAPPIJ, N.V.,

¡KETHERLANDS TRADING 800IETY)

BANKEES.

Kstablished 187A.

(1919&10,000.5

Hong Kong Ufos:-11 Queen's Road Central, Ausmand Capital Gallders 168,900,000- P-Up Oldars 20,000,000 Re: Fan Gubblers 40,000,000

(46.00.647.)

Hand UiceAMITERDAM'). bate O-BATAVIA

CAWKTOBE

DAIBEN (Log,

DELRI

HANKOW

CARBIN

(S. Manchuria)

BẢNG KONG

ILOILO

ГРОН

KARACHI HLANG

BULLA BANGBAR Perak (F.BL.B.)

HOURABAYA

TAIPING

(.M 8.1 TATOT TIENTSIN TOKYO

TONGKAH (Bhuboś) TSINGTAD

TOKOISAMA

ZAMBOANGA

(Philippine Islands)

and

General

Foreign Exchange Banking business transacted.

Current Accounts opened and Fixed Deposits received for 1 year or short- er perleds at rates which will be quot

A. H. FERGUSON,

Manager. Hong Kong, 8th January, 1929.

JRANS-djarmasin Bandoeng) Bombased on application.

Calcuts, Cherinsu, Djomber, Ijoki jatar The Laguo), idth, Koles. Fot-lindja, Adment, Madan, Padang PbPeklanga

Pr

Pouta Rangoon, Botterdam" },

BeBoghal,

bol

Singsport Boeraba. Mostekers (Solo), Tugal, THE BANK OF TAIWAN, LTD.

kad Walterande.")

Those offers inre safe deposit becse te lat Leça Banker-National Provincial Bank Lid Corposition all over the world

Banking bultowes af svoT

description Muzznoted.

}

P. 2. ELBERO,

Mangit.

Hong Kong, 27th May, 1929.

BANQUE DE L'INDO - CHINE.

HEAD' OFFICE:

96, Boulevard Haussman, Paria Subscribed Capital Fre.. 72,000,000.00 Fad-Up Capital...Frs. 68,400,000.00 Reserve Fundas.....Fr.102,000,000.00 BRANCHES? Hangkok Battambang Hüc

:

Hong Kong Quinlton ~-3

Saigon Canthongten. Shanghai

Singapore Canton Nam Dinh Dijbouti Neumea Thankes Tientsin Fort-Bayard Papeete

Peking Courant Haiphong Harkos .. Anoni-Penh Vinh Hanal

Pondicherry Yunnanfu BANKERS:

(TAIWAN GINKO)

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

Hong Kong Lends:--Changed hands at $63/634

Star Ferries: 96% was still free ly offered but without any response from

om sellers so they are now quoted nominal at this.

China Lights-Were rather firmer and close with buyers and sales at $18.70.

Electrics: Again eased off and after sales at 56 have further sell- ers at this.

Cements: A few of the combined shares were placed at $8, but at the close $8.10 is being offered for fur- ther business.

ST

Ropes-Are easier with sellers at

China Providents:-Met with very little demand and only a few shares came to market at $4.05.

Dairy Farms:-Again had steady $19% without attracting buyers at sellers.

Watsons:Were taken off the mar ket at $12 and have further buyers.

Wharves: Firmed up towards the close and came to business at $124. London Quotations of the 30th inst Banks £132; Indos Deferred £6.10/- Shells £4.16.3 all middle prices.

Exchange: The demand Belling rate on London is 1/11-1/16 and the T./T. ou Shanghai is Ms.814

SHANGHAI SILK

MARKET REPORT FOR THE WEEK ENDING MAY 24

In their report dated May 24, on Messrs. the Shanghai Silk Market, William Little & Co., Ltd., write as follows:-

We have again to report a very quiet market Tussah Filature Ex A 1, 2, has advanced to Tls. 400 av.

at which rate business has been

Central Bank in Formosa, Bank-Note a' issued

and New Average amount....Yen. 45,000,000 done. Ir Steam Filature

Style Filature a small basiness has been done at mixed rates. Cables BRANCHES AND AGENCIES:

Filature No. 1, JAPAN:-Tokyo, Yokohama, Kobe, from Japan quote

Yen 1,290. Osaka.

Tastice Now Style Filatures. FORMOSA:-Giran, Kagi, Karenko,

Keelung, Makong, Nanto, Shin- Wild Horse Ex. 1, Tis. 680 av. Silver chika, Taichu, Tainan, Takao, Motor Car Ex. 1, Tis. 667% av. Tamsui, Teen, Heito, Taito.

Tussab Filatures 8 coc-Ex A. 1 CHINA-Shanghai, Hankow, Amoy, 2, Tla. 380/400 av.

Foochow, Swatow, Canton, OTHERS-Hong Kong, Singapore,

Soerabaya, Semarang,

Batavia, Bombay, Calcutta, London, New York, Dairen.

LONDON BANKERS:

BANK DIVIDEND

The local agent of the Netherlands Trading Society is in receipt of a The London County Westminster and telegrara from the Batavia Office ad-

Parr'a Bank.

vising that this Bank, has declared a dividend of 10 per cent. for the year

The Back bes Correspondents in abe Commercial 1928.

Bad M Centres in the Europea

| sharks, Taingtan, Jasien, Indecom Slam India,

IN FRANCE: Comptoir National Phippin heade, Java, Attica, Veluk, Australia, man d'Escompte de Paria; Credit Lyonnais; Loras allowed on Current Assante, and Pizad Banque de Paris et des Pays-Bas; Depois cales which will be quoted an applica

ilan. Deposite In Yen can be accepted. Credit Industriel et Conimercial; So-

K. NAGURA, ciete Generale.

Manager.

IN LONDON: The National Pro-HONG KONG BRANCH: vincial & Union Bank of England, 8. Des Voeux Road Central.

Hong Kong, 19th January, 1929.

Ltd.; Comptoir National d'Escompte

de Paris Credit Lyonnais

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

counts and Fixed Deposits according

THE BANK OF CHINA. 行銀國中

Who Wins?

Now suppose there are two men of equal education and natural a position. ability applying for One of them is clear minded, fresh complexioned, pleasant mannered, efficient. The other is sallew, de- prossed, has a had skin and offen- Interest allowed on. Current As-(Specially Authorised by Presidential aire breath. Which gets the job? Mandate of the Republic of China There is no need to await your on the 22nd of November, 1917).

answer to this question. A mére makes the import one is, what Authorised Capital $60,000,000.00 Paid-up Capital

18,278,600.00 difference between the two men? 9,629,425.24 Almost always it is constipation

the condition wherein waste materials accumulated in the in-1 testines poison the blood, fog the brain, depress the spirit, disor- ganise the digestion.

to arrangements.

Every description of Banking and Exchange Business transacted.

A

Safe Deposit Boxes to let.

2

Reserve Fund

A. LECOT,

Manager.

Hong Kong, 1st May, 1929.

LIMITED.

HEAD OFFICE: PEKING.

HONG KONG BRANCH:

4 Queen's Road Central Branches and Sub-branches all over THE YOKOHAMA SPECIE BANK, China and Correspondents in Europe,

And what is the remedy? Any America, and other parts of the world.

National person who has once tried them London Bankers: The Provincial and Union Bank of England, will admit that it is Pinkettes, the Ltd.

dainty laxatives and liver regula- The Guaranty Trust Company of tors which, whilst efficiency itself, New York.

"A little New York Bankers: The Irving never gripe or purge.

dase to-night-you feel ever National Bank.

Established 1850. Capital (fully paid-up) Yen 100,000,000 Yen 105,500,000 Reserve fund

Head Office YOKOHAMA.

Branches and Agencies at:

Alexandria

Batavia. Bombay Buenos Ayren

Inicités

Canton

Chengchan

Dairen (Dalny)

Newchwang New York

Osaka

Peking Rangoon

Rio de Janeiro Saigon Ban Franciscs

Fangtien (Mukden) Seattle

Kamburg

Hankow

Harbin

Hồng Kon Honolul

Ex Yuen Karachi Kobe

Semarang Shanghai

Shimonoseki Singapore Soerabaya Sydney Tientsin Tokyo

Tsimanta

Los Angeles

Nagasaki

London

Nagoya

Interest allowed

egunta.

Tsingtas

Vladivostok

closed)

Every description of Banking Busi

The Equitable Trust Company of much better, brighter and more New York.

Interest allowed on Current Ac efficient in the morning!" counts and Fixed Deposits. Terms on chemists everywhere, at 60 cents application.

per vial.

50

Of

Bess transacted;--

itlen.

(Temporarily

Current ApS

Deposita recetfred for fixed perfode

EL MOBI

at rate to be obtained on application.

Hong Kong, 11th March, 1989,

Loans granted on approved secur

Special facilities for Home Ex- THE MERCANTILE BANK OF change.

SHOU J. CHEN,

Manager

THE BANK OF CANTON, LTD.

Established 1912.

Head Office: Hong Kong.

Authorized Capital (ELK. Conyaneg) 19:13,500,000

INDIA, LTD.

HEAD OFFICE:

15, Gradschurch Brost, London, E. GR.

Authorized Capital

Subscribed Capital

Paid-up Capital

.£3,000,000

1,800,000

1,050,000

Reserve Fund and Rest. 1,612,047

HANKERS

The Bask of Ragland & Miliard Bank, Ltd. BRANCHES : Bangkok: Hongkong Egala Lampur Bangam

·Kuantan (Fibang) ́ Bhanghat Bombay Ipak Madise

cott Xindy New York

Bangspar Eesjor, || Colombo · Karathi Banang S

Boersbays

Bateria How

Bangkok, New York and Ball Fescisco. Dakl Bots Bhsen Port Louis (Mazzilian)

8,874.300

Besarri Fond sons

B60,000

ABRANORRB+-'

Danson, Hanghai, Markow,

LORDON BANERNA 1-

The Lyd's Bank Limited

CORRESPONDENTS

stiglom treesmased

In all princips, alties of the World.

ne

LOOK POONG SHAN,

Se Chief Meanger. Hong Kong, 19th February, 1927.;

HONGKONG BALNO.

Bree, dasodgson of Banking and Bishangs bus INTEREST allowed "on" Ourrana: Ascommia Fixed Dependa Refer than may be worsted

·G. EG 0, BANDER

"Qunit's. Houd Central -Long Long, 19th: Apel, 1989.

Auditors The accounts have been audited by Messrs. Lowe, Bingham & Matthews, who offer, themselves for re-eletion.

The 20th ordinary general meeting was called for May 31,

This recent and interesting picture shows Lord Rhschild, head of the Bri- tis branch of famous international family of bankers. He is rated as one of the real money forces of the world.

SHANGHAI SHARES

LITTLE BUSINESS IN RUBBER SHARES

RECOVERY IN CREYHOUNDS Shanghai, May 27, Industrials opened quietly with Banks in demand at $1,400. Ewo Mills were slightly easier and business was done at Tls. 12.20 each and Tis. 18.25 June, Shanghai Docks were inquired for and changed hands. at Ms. 120.50 cash and Tls. 127.76 June. Omnibus were also negotiated at slightly higher than buyers opening rates as shares found buyers at Tls. 14.15. Shanghai Cot- tons remain steady and transactions ware recorded at Tis. 71.50 June.

advance in Rubber. Despite an New York of one cent, rubber shares moved very slightly locally and little business was done, Kedahs being re- corded at Tls. 1.70. Singapore reports an advance of one cent and spot rab- ber is now 87% conta while forward prices are 40 cents.

Greyhounds. A slight recovery on these is recorded, SIG. being done at $11.50 June and G.R.A.'s at $15

Are

CHURCH NOTICES

A CHARGE OF

MADE FOR

UNDER.

ONE DOLLAR ALL

NOTICES *RADING

KI

THIS

ST. JOHN'S CATHEDRAL, HONG KONG

June 2, 1st Sunday after Trinity.

Holy Communion, 8 a.m. Children's Service, 10 a.in. Peak Sunday School, 10 a.m. Matins, 11. a.m. Preacher: The Dean. Holy Communion, 12 noon. Evensong, 6 p.m. Preacher: Rev. H. V. Koop.

WESLEYAN METHODIST ·

CHURCH.

Queen's Road East,

Sunday Services: Morning, 10.15

a.m.

Preacher: Mr. A. II. Gardner. Evensong, 6 p.m.

Preacher: Rev. J. C. Knight

Anstey.

Subject: "Which Bible." Communion at close of Evening Service.

Hankow Barracks, Sham Shui Po. Sunday Service, 10 a.m. Preacher Rev. J. C. Knight Anstey

Sailors and Soldiers' Home

Praya East.

Sunday: 3 p.m., Men's Bible Ckiss.

"Sunday: 8.15 p.m., Service Men's Hour.

Wednesday: 8.15 p.m., Fellow- ship Meeting for Service Men and Civilians, to be conducted by Rev. J. C. Knight Anstey.

ist,

FIRST CHURCH OF CHRIST,

SCIENTIST...

[Branch of The Mother Church, The First Church of Christ, Selent- in Boston, Mass., U.S.A.]

Macdonnell Road, below Rowen Road Tram Station,

Sunday Service, 11.15 a.m. Subject: "Ancient and Modern Necromancy, Alias Mesmerism and Hypnotism. Denounced."

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

Wednesday Evening Meeting at 15.80 o'clock.

Reading Room at above address,

-open-

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

p

Monday and Thursday 5.30 to 7

The Public is cordially invited to attend the service and visit the Reading Room.

UNCLAIMED TELEGRAMS.

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

The following unclaimed tele grams are lying at the E. E. Telegraph Co. office, Hong Kong:-

Asem, from Shanghai.

Jagat Singh Mistry, Depot 2. from Armitaar.

Quistgaard, from Bangkok.

S. LACK

Superintendent. Hong Kong, 30th May, 1929.

THE GREAT NORTHERN TELEGRAPH CO., LTD., OF DENMARK.

The following unclaimed tale June. Strenuous efforts being grams are lying at the office of the made to minimise June paper losses Great Northern Telegraph Com- at present evident but it is an open pany (Limited) of Denmark: question whether the market can be lifted further.

Debentures are quite 6 per cent &M.C. being nominally at par.

Cochran, steamship. "President Van Buren," from Peking.

Akun, from Omori.

Sai Company, from Shanghai, Kashiwabara, from Tokyo. Ozorio, 11 Glenealy, from Shang- hai.

E. V. JESSEN,

Superintendent. Hong Kong, 80th May, 1929.

BEST COAL & CHEAPEST PRICE

KWONG HÀNG & CO.

Tel. C. 2736.

-43, Des Voeur Road Central Government and Admiralty Coal Contractors.

at $23.00 per ton.

HOUSE COAL

Reak

Upper Level

Middle Level

$22.00

$21.00

$17.40

Central Oce$20.00 Kowloca

The above prices include deff- very charges to destination.

Wash Away

That Itch

With * Pietrating Antimple

Fowler McCormick, 28-year-old am of Earold McCormick, beir to the Inter- national Harvester Company's millions, who has gone to work in the Oinaba branch of the company at a salary of $150 per month. He is in Omaha to learn the saleamar's side of the basl- it prea marele de la 2 la

having already spent some time

NOT YOU CAN WAP, Lagalag, mollig 10% ba

the late 74 10

in the Milwaukee branch, where he is PRE learned the mechanical alde

NG

SATURDAY, JUNE 1, 1929.

BUY THE WORLD FAMOUS 'SUPER ELTO' OUTBOARD MOTOR

If you want unfailing rellability and full outboard satisfaction.

"Elts" Outboard Motors are the. result of over 25 years' experience in Outboard design, and whether you want & Motor for Racing, Cruising, or Utility Work, there la an Elto Model to meet your needs. May we have the pleasure of de- monstrating these motors to you?

SOLE AGENTS:-

RUDOLF WOLFF & KEW, LIMITED,

54, Queen's Road Central,

1st floor.

Tel. C. 2173

ANY HEALTHY MAN CAN BE

"FIXED FOR LIFE”

WITH THE

WEST COAST LIFE INSURANCE CO.

of SAN FRANCISCO.

for full particulars apply

BITZER & CO., Agents, Queen's Bldgs, 2nd floor,

Ice. House Street.

ILLUSTRATED!'

ILLUSTRATED !!

ILLUSTRATED !!!

A WEEK'S PAPERS IN ONE.

OVERLAND

CHINA

MAIL

SPECIAL COLOURED SUPPLEMENT with PICTURES of all local events

is given in the OVERLAND CHINA MAIL.

CHINA NEWS, LOCAL NEWS

and all the NEWS.

The Weekly paper that saves you -the trouble of writing Home.

Once again the water problem is acute in the Colony, with the result that still more drastic restrictions have been enforced, limiting the supply from the rider mains to only

day. seven hours a

The subject formed the basis of an interesting dis- cussion, at the fortnightly meeting of the Sanitary Board, a full report of which and of other developments in connection with the water famine. will be found in the "Overland China Mail."

There has been a lull in the war between the two Kwangs, but Canton is confident that the Kwangsi invaders have been staved off for good, and advices have been sent to the North As. not to send any more non-Cantonese reinforcements. however, the flames may once again be fanned into activity what has gone before should be carefully studied through the columns of the "Overland China Mail."

Harbin has furnished a sensation by a Chinese raid on the Soviet Consulate, where, it is claimed, evidence has been found of the "Christian General's" flirtation with Moscow.

Universal interest has been taken in the funeral of Dr... Sun Yat-sen, the "Father" of the Republic of China. Graphic descriptions of the ceremonies will be found in the "Overland China Mail.”

In addition the "Overland China Mail," which contains a four-page coloured supplement with views of local scenes and events and photographs of local people, furnishes the latest local social, commercial and sporting news just the thing that friends overseas need to keep in touch with all that matters in the Colony.

READY NOW--

SINGLE COPY

POST NOW

25 Cents. INCLUDING SPECIAL COLOURED

PICTURE SUPPLEMENT

[Sold on the streets and at the bookstalls or you can send your

obscription to the office E.K. $18 per SANUR O

$15 including postage abroad, half-yearly

*** quarterly, or specific periods pro rata.]-

No. 3A, WYNDHAM STREET PHONE C. 22.

THE OVERLAND CHINA MAIL"