1929-11-09 — Page 2

HONG KONG AND SHANGHAI BANKING CORPORATION."

Authorised Espital

$50,000,000

bound and Futy Pildup on a $30,000,000 Bow Funda-

Blering

BUTOR

.....................£6,000,000 ------4,000,000

Komacro Llablity of Propsžatore a $30,000,000

HEAD OFFICE: HONG KONG,

BOARD OF DIRECTORS :—

N. B. rtw, Yea.

Chairman

W. II. Ball, Esq.

Deputy Obalrussa.

Hao, Mr. D. D. F. Daith.

L. II. Compton, Bag,

M. T. Jahnson, Engi

A. Ladise Lewis, Esq.

Kox

BANOKOZ BATAVIA BOHAY CALCUTTA

אליאנס

SHEFOO

OOLOMEO DAIREN POOCHOW

KAIPHONG

HAMBUR

HANKOW

HARBIN

JONGKEW

LED

IPOLL

JOHODE

IODE

XOLOGN

W. L. fallendea, Req.

T. E. Pozzon, Esq.

3. A. Plumeser, Baq.

J. P. Warren, Esq.

Chies Managet. Hon. Mr. A. &. Nyama

KUALA LUMPUR

BRANCHES

LONDON LYONS

MALACCA MANILA

MOUKDEN HAUASAKI NEW YORK

PEIPING PENANG HANGOON

FAIGON

SAN VRANOISCO

BUTANGHAL

SINGAPORE

SQUBABAYA

AUNGEI PATANI TJENUSI

ΓΕΓΚΥΟ

TSINGTAO TORDRAMA

Current Accounts opened ie Local Currunag

and Fund Deposita received for a year or

shorter period to Locs Currency sud Sterling

on tez which will be quoted on application. Hong Kong, ub May. 1929.

THE CHARTERED BANK OF INDIA, AUSTRALIA ́& CHINA.

Incorporated by Royal Charter, 1853, HEAD OFFICE: LONDON. Paid-up Capital

Reserve Fund

£3,000,000 .£4,000,000

Reaurve Liability of Proprio-

tora

£3,000,000

ALON STAR

KUALA LUMPUR

iMalay Blaton)

KUCHIND

LOCAL SHARES

AMDITSAR

MADRAS

HANGEGE

KEDAN

NEW YORK

Agencies and Branchen:

BATAVIA

BONGAY CALCUTTA

CANTON CAWNPORE

CEBU

COLAMPO

DAIREN (Dany

Bouth Machuila) ·

DSLHI

HAIPHONG

HAMBURG

HANKOW

HARDIN

(N. Maschade]

HÙNG HORI

UCILO

КАНАСЕН

KLANO

KUALA BANGSAR

Parak (P.M.S.)

MANILA

PERING

PERAND

PESHAWAR

BANGCON.

BALOON

REMATANO

REDENBAN

BHANGHAI

BINGAPORE

SQUBANAYA

TAIPING

(F.M.8. LAYOT

TIENTRIX.

TOKYO

YONOKAS (Bokal) TSINGTAO

YOKOHAMA

ZAMBOANGA

(Philippine Islands)

Foreign Exchange and General Banking business transacted.

Current Accounts opened and Fix- ed Deposits received for 1 year or shorter periods at rates which will be quoted on application.

A. H. FERGUSON,

Manager. Hong Kong, 8th January, 1920.

THE HO HONG BANK, LTD.

Authorised Issued Paid-up

(Established 1917)

CAPITAL.

HONG KONG SAVINGS BANK. Reserve Liabilities

1 Busine of the abure Bankie conduct- ed by the HUNG KONG AND BILANURIAL BANKING CORPORATION.

Shareholders Surplus

oblind of tele lom

FOR THE HONO KUNG & SHANGHAL. BANKING CORPORATION.

A. C. HYNER,

Benjamin and Potts' Weekly Report

Messrs.

THE CHINA MAIL,

COMMERCE

Benjamin & Potts, local share and general brokers, In their weekly share report, dated yesterday, state:--

The Joca! period under review has continued active notwithstanding the distraction of Interport Cricket and rates gen- erally have been well maintained. Interest has been chiefly contred in China Light, (Green Island Cements, Hong Kong and Shanghai Hotels and Low Level Trams which have been the medium of a fair turnover.

market during tho

AND

FINANCE.

Tia. 50 for the New sharos respec- tively.

Rubbers-The following, are the latest cable quotations received from Shanghai:-

Anglo-Javas Anglo-Dutch

Batu Anams

.Tl. 7.30 buyors

4.96 0.80 J]

H

Chemors Consolidateds Kroewooks

1.25

2.00

Kepaha

1.30

#

Tanah Merahs

1.05

1,80

0.70

Tabongs Blangbes

Raw rubber is quoted at 8%d. Buy

era.

Exchange. The T.T. rate on Lon- don to-day is 1/8% and on Shanghai

7841.

ITALIAN SECURITIES

ENGLISH COTTON TRADE

EFFECT OF AMERICAN CROP STATISTICS

ESTIMATE UNDULY LOW

SATURDAY, NOVEMBER 9, 1929.

WATER RETURN

Level and Storage of water in Re- servoirs on November 1, 1929;—

2,674 from China, and only 2,408 from Great Britain. In cotton and rayon mixture cloths the total im- ports during the seven months were 17,400, of which 5,033 Avere from Italy, 4,118 from Japan. 3.748 from CITY AND HILL DISTRICT WATER Switzerland, and only 2,407 from

Tytam

WORKS.

1028 10' 3"

1029 7' 7"B

Great Britain. The figures for print shirtings and jeans are strik- ing, as during the seven months the total imports were 15,124, of which 18,701 were from Japan and Tytam Byewash 18' 8" 21′ 5′′R

1,400 from Great Britain. Tytam Intermediate

for

Lu

Tytam Tuk ....... 24′ 8′′B 12'11")

Lide

A. denotes "Above Overlow; La des notes "Level with Overflow."j

are

Storage in million and decimals of gallons

1028 261.12

1920 322.85

5.38

2.11

195.90 105.90

886.00 1,121.75

Wong Net Chung.

11.69

18.20

30,20

38.26

The undercurrent of demand in cotton yarn and piece goods has continued healthier, and although only orders have been placed irregular Lancashire Is still supreme in ly, the turnover has been of fair fancy goods as during the seven extent and many leading manufac-months, the total imports were turers have extended order lists, 41,824, of which Great Britain sent Wong Nei Chung. 17′ 0′′B 12′ 8′′B writes the "Straita Times." During 28,668, Japan 12,010, and Italy

Pokfulum

10'11"B the past few days there

5'10" has, of 1,823. course, been a certain amount of

Booking Stralis Orders

[Note: B. denates "Belo Overflow": Dervousness in trading

Trading developments for China circles owing to the divided opinions as to are being retarded by the low rate the probable effect of the official of exchange, and transactions worth These mentioning are few and far be American crop statistics. were published on

Some manufacturers Monday, Septween. tember 9, and indicated a yield now selling more freely for South Forward Settlement Days-Novem-exclusive of linters of 14,825,000 America, whilst an Improvement Is Tytam ber 26 and December 23, 1920, bales against. 15,513,000 bales a showing itself in the offtake

month ago, and compared with Egypt and the Near East. There Tytam Byewash .. last year's crop of 14,478,000 bales. has been a fair amount of inquiry The statistics were worse than for the Straits Settlements, and Tytam Intermediate

an advance in prices here and there manufacturers have Tytam Tuk expected and took place.

book encouraging Since then, however, an easier orders.

There is still a tendency, tendency has prevailed owing to however, for dealers on the other the fact that since the crop report, side to operate cautiously. was made up (September 1) the American yarn quotations have drought in Texas, the largest cot been distinctly firmer, buyers ex- more difficulty in ton growing area in the United periencing much 66.40 States, has broken. Prices, how obtaining concessions from spin- Business in Egyptian yarns ever, are still slightly dearer than ners. a month ago. Bearing in mind remains patchy. Regarding the October. the large acreage planted by the future course of prices, the present Southern farmers, present indications do not point to Amori-Consumption indicated outturn is disappointing, can cotton being below 10d. per Estimated population 425,540

The ab Consumption but following a month of serious lb. In the near future.

sence of any advance, however, on | deterioration due to lack of rain- 276

fall and

ball weevil the bullish Bureau statistics issued Increased 75

on Monday shows very clearly that 439.50 ravages some improvement is ex 250

pected, and it is difficult for buying a limited. The recent im- 82.50

provement in yarn and cloth de- Manchester traders to believe that

mand is likely to be maintained. 104.60 the ultimate crop will be less than 15,000,000 bales. Should this ex-

The local branch of the Italian Bank for China has been informed without responsibility of the following quota- tions in Rome on October 29.

Last Previous Quota Quota

Banks-Hong Kong and Shanghai Banks have ruled steady at $1,355 at which figure they have been placed. London advises that there are buy- ers at £124.10,

Marine

and Fire Insurances. Unions have further declined to $387. Cantons at $895 and Hong Kong Fires at $815

Italian Gov. Bonda are wanted at quotations. $20,000,000

changed hands at $2.35. Underwriters .8,000,000 Shipping.

Douglas Steamships 4,000,000

after having dropped to $25 have recovered to a buying quotation of 4,000,000

$28%. Preferred Indos have advanc 2,219,000

ed to $45 and probably

little more would be puid. Hong Kong, Canton and Macno Steamboats are wanted at $264. Union Waterboats at $22 have not moved.

HEAD OFFICES SINGAPORE. Rules may ve

Branches, Agencies and Correspon dents in the principal cities of the world.

Every description of Banking and Exchange business transacted.

TAN ENG HOOI,

Manager. Hong Kong, 16th May, 1929.

Chial Manager

Hoog Kotik Beplumber, 1927.

NEDERLANDSCHE HANDEL - MAATSCHAPPIJ, N.V. (YETLERLAND TRADING SOCIETY) BANKERS.

Established 184

Hong Kong Cilism:~11 Quenta's Road Cazzal Lushorised Capitai

Guildars 150,000,000-

(113,500,000,} Paid Up Capital ... Gufičari 20,000,000- (28,668,667.) Basetra Foad www.m..... Dyilda 20,000,000-

(40,040,030,

THE BANK OF TAIWAN, LTD.

(TAIWAN GINKO)

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

Charter, 1899.

It

Docks, Wharves and

Godowns. Hong Kong and Kowloon Wharves contlaue in demand де

$147. Whampoa Docks are on affer at $41. Chinn Providents were dealt in at $6% and have further buyers. Hong- kew Wharves

Tis. 100, Shanghai Docks at Tis. 107 and New Engineer ings at Tls, 7 are unchanged.

Landa, Hotels and Buildings. A further rise has taken place in Hong Kong and Shanghai Hotels and sales were made at $11.10. Hong Kong Lands are enquired for at $06- Humphreys Estates were sold at $14.70. Realtys fetched $9.

Aload Office: (AMSTERDAM'), Eastern Head Oro-DATAVIA. 2RANCHES ---Bandjarmasin Bandeng'). Dombay,

Calcutta, Ghariban, jomber, Bjøk Jakarta') The Hagan'), fuddah, kata, Kota-Badja, Makassar, Medan, Padang Palembang,

F'kajoggen, Penang. Pouliana Stangoon, Botterdam). Lus London County Westsinser and Parr's Bank.the market at $00.

Bainarang"), Broughal,

Bibolga

(Bumala)," Blogapore, doerabaja,

Sowakaria (Solo), Tiga, Tilting and Woltayredan.")

* Thaen siloes have sale deposit boxse to la Ecodon Bankers-National Proiect Bank Lu.

Correspondeata sil over the world

Banking bastacem af mynty

description transacted,

P. M. ELDEBO

Gong Bong. With May, 1927.

Manager.

BANQUE DE L'INDO-CHINE.

HEAD OFFICE:

96, Boulevard Aaussman, Paris.

Subscribed Capital .Fra. 72,000,000.00 | Paid-Up Capital...Fr. 08,400,000.00 Reserve Funds ....Frz. 102,000,000,00 BRANCHES:

Hong Kong Quinhon

Saigon Mengtre Shanghai

Bangkok

Hattambang Huo

Cantha

Canton Nam-Dinh Singapore

Djibouti Neumea

Fort-Bayard Papeete

Haiphong Peking

Thanhea

Tientsin

Touranc

Hankow Pnam-Tenh Vịnh

Hanoi Pondicherry Yunnanfu

BANKERS:

IN FRANCE: Comptoir National

d'Escompte de Paris; Credit Lyonnais;

Cours Bank in Formoss. Uwak Notes insted Average amount. 45,0w,cou BRANCHES AND AGENCIES:

Public Utilities-China Lights have JAPAN Toro, Yakobo, Kobe, Useka.

Karako, Kung, ruled strong and were negotiated in FORMIGA:-Ü

Alshong. Naoto, Blanchiku, Tachu. Talaan, fair quantities up to $16, This 320, fad, Tosa, Hinha, Talo, CHINA-Glanghel, achow, Aney, Foochew, Campany is making a now issue of shares in the proportion of one new Deaww, Canton, UTEIERS—Houz Door,

Sously, share for every four Old at, par. Bingay 'tova, Bombay, Calost,

Hong Kong Electrics were taken of New York, Dalan LONDON BANKERS:

Telephones were done at $7.90. Hong Kong Trams were put through at $20 at the outset, but finished up with buy ers at $19.80. Star Ferries are ob- tainable at $72.

The Bank Correspondents in all the pri Commalal Centres brughout the world.

NAQURA

Малки

HONG KONG BRANCH:

8, NS Your Road Central, Hong Koox. th January, 192.

Miscellaneous.Green

THE BANK OF CANTON, LTD. down at $13.18.

Established 1912.

Head co-Heng Kong.

Authorland Capital (U.K. Currency) .....@21,000,000 Faid Up Capet 0,564,200 Resorts Fund ...........

200,000

BRANCHES

Casson, Shanghai, Hankow, ... Uważow Bangkok, New York and fan Jano

LONDON BANKERS

The Lloyd's Bank Limited. Correspondents in all prinsipal is of the

World.

Foreign exchange and beaking business a www descripting transacted.

Deposit Boxen (various singu) ná u yonely rental of dents $3 to $40,

LOOK POONG SHAN,

Chief Manager,

Hong Kong, 18th February, 1927.

THE BANK OF CHINA.

行跟國中

Banque de Faria et des Pays-Bas (Specially Authorised by Presidential

Credit Industriel et Commercial; So-

elete Generale.

IN LONDON: The National Pro-

Mandate of the Republic of China

on the 22nd of November, 1917)

vincial & Union Bank of England, Authorised Capital

Lad.; Comptoir National d'Escompte Paid-up Capital

de Paris; Credit Lyonnais

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

Intereat allowe

to arrangements.

GA

Current Ac-.

Every description of Banking and

Reserve Fan!

.$60,000,000.00

18,278,600,00 9,629,425,24

HEAD OFFICE: PEKING.

HONG KONG BRANCH:

4, Queen's Road Central Branches and Sub-Franches all over

counts and Fixed Posits according China and Correspondents in Europe, America and other parts of the world. London Bankers: The National Provincial and Union Bank of Eng- land, Ltd.

Exchange Business transacted.

Safe Deposit Boxes to let.

A. LECOT,

Manager.

Hong Kong, 1st May, 1920.

THE YOKOHAMA SPECIE BANK,

LIMITED.

· Ratablished 1880.

Capital (fully paid-up) Yen 100,000,000 Heserva Fund ...... Yea 108,600,000

Head Office: YOKOHAMA, Branches and Agencies at:

Alexandria

Batavia

Bombay

Buenos Ayres

(Temporarily closed):

Calcutta

Canton

Changchun

Nagoya

Newchwang

New York

Dinka

Peking

Rangoon "Rio de Janeiro

Saigon qi

Dairen (Dalny) Ban Francisco

Fengtion (Makdan) Beattle

Hamburg

Haskow

Harbin Hong Kour Honolula Kai Yuen Karschi Lobe.. London

Los Angeles

Lyons Manila

Bemarang, Shanghai

Shinobuld

Singapore Boerabaya

Tokyo

Tatnaniu

ཡང་

The Guaranty Trust Company of

New York.

New York Bankers:-Tho Irving National Bank,

The Equitable Trust Company of New York

Interest allowed on Current Ac- counts and Fixed Deposita. Terms oa application.

Every description of Banking Busi assa transacted.

Loans granted on approvod secar- Itles.

Special facilities for Home Ex change.

SHOU J. CHEN, -

Manager.

THE MERCANTILE BANK OF INDIA, LTD.

HEAD OFFICH

15, Gntoncharok Birael, London, 31, ́CLA,

Authorised Capital £9,000,000 Subscribed Capital". · 1,800,000. Paid-up Capital ......1,050,000 Reserve Fund and Rest 1,612,047 NAKKERS 1 - The Bank of England & Midland Bush, KAL

But amok. I poð Bateria Krady Barbar Karch

Kota Bharu

Cellomba

· Kuala Krai -

Kuala Lipia

zee Rawang nan

· Port Loula (Maurition) Rangoon

Bimale

Gallen Keala Kasinpur : Alugspers

Boer oor Kanten (Pahang) SpursbRIS Howrak Madrug' :-

DANGAN AMONG KONG. BHANUEL, 12

Island Ce

tion

tion

Rendita

32 per

cent. Liz.

60,32

Italian Gov. Bonda

Consolidato 5 per

cent.

78.90

Banca d'Italia... 1820 Banca Com. Italiana 1341 Credito Italiane.... 788 Credito Marittimo.. 510 Navig. Gon. Italiana 508 Lloyd Sabauda Snia Viscosa Fiat

78.45 1820

1344

795

510

509

274.50

73.50

Marconi Navigazione Cosulich Elettrica Gas Roma Elettrica Valdarno Toscana Elettricita Emiliana Elettricita 519 Elettricita Edison Metallurgica Meridionale

Montecatini Cotonificio Turati Sple de Chatillon

431 260 83

760

107.50

360

500 840

304 218

253.60 760 210

770 213

Elettricita

ROADS IN GREATER LONDON

The opening, on October 1, of the new bridge carrying the Watford by- pass road over the main line of the London Midland and Scottish Rail- Selvage Lans, Aprth of way, near Mill Hill, marks the completion of an important scheme of road develop ment in North-West London, Initiat ed by the Ministry of Transport in 1923,

The schema which was car- ried out by the County Councils of Hertfordshire and ladlesex com-

the

pectation prove correct, quotations by the end of the year should be on a lower level. A factor worth nothing at the present time is the absence of speculation by "outside operators," and owing to lack of support. hedge selling might de- press values.

Speculative Baying for India A feature of interest in the cloth

Lancashire

market has been the large specula- tive buying for India by certain leading shipping houses. Although most of the activity has been in light bleaching cloths such as mulls, jacconets and nainsooks very fair buying has taken place in white shirtings. prises two highways, namely, the goods, however, are meeting with Watford and the Barnet by-pass increased competition from Japan roads. The former is intended to

ese imports in India, and the afford relief to the Great Midland

latest returns of Imports route (A.41), and the latter to ease

Figures com- the Great North Road (A.1) from somewhat alarming. Highgate to a point north of Hat-plied by the Bombay Chamber of Commerce show the big strides being made into Lancashire's form- er exclusive trade by Japan, Cotton Mills.-Owing to the poli

Switzerland and Italy. With re- tical aituation in the North, this The total output of the Kallan gard to grey shirtings, the total im market is rather lower. Ewos were Mining Administration's mines for ports into Bombay during the seven dealt in down to Tis. 15, while the week ended October 26, amount. Shanghal Cattons show a further de-ed to 102,415 tons, and the sales dur-months ended July 31 were 41,423, cline at Tis. 75 for the Old and Ing the period to 95,008 tons.

of which 36,341 were from Japan,

ments have had a slight reaction after a brisk market and were book- Hong Kong Ropes are on offer at $8.80. Watsons have weakened with business done at $12. Lane, Crawfords have takers At $1.95. Amusements at $29 and Dairy Farms at $22 have not moved. Benguet Consolidateds have further strengthened andİ can be placed at

$44.

field.

KAILAN MINING

are

been

able

to

UNCUSTOMED GOODS

Chinese Acquitted: Guard Convicted

Pokfulum

Total

.... 1,390,23 1,712.07

Consumption of water in the City- and Hill District in millions and de- eimals of gallons during the month of

per

*1928 239.06

1920

244.11

436,800

18.0

head per day.. 18.1

Intermittent Supply in all Rider Main Districts during October 1928. a 18 From October 1 to 81, 1920, hours of supply ( a.m-0 p.m.) was given to all Rider Main Districts. Principal Mains closed (9 p.m.-6 a.m.).

KOWLOON WATER WORKS

1928 Kowloon Reservoir 1'7"A Shek Lai Pul Re-

servoir

0'11"B

Kuala Lumpur, Oct. 29. Judgment was delivered this morn- ing in the Police Court by Mr. G. H. Nash in the case in which a Chin- ese, Puch Kech-keh, and a guard in. the F.M.S. Railways named S. G. Masorinhas were charged with con- veying uncustomed goods, namely 240 packets of matches, with inte Cus-Shek Lai Pui Re- defraud the

1920 8' 0"A

5'10"B

L. Reception Reservoir 1′9′′B

Storage in million and decimals of gallons

1928

1020

intent to Kowloon Reservoir 369.50 385.00

servoir

112.81 93.80

Reception Reservoir 28.59

510.37

toms Import Duty.

Mr. A. W. Greaves, of the Cus- toms Department prosecuted, and Mr. G. A. Hereford defended accused.

His Worship sald that as there Chinese, therefore, he would give him was insufficient evidence against the the benefit of the doubt and dis charge him. The second accused was Ained $100, the minimum penalty. Notice of appeal was given.

Drive a Trusty "TRIUMPH"

the Motor that never fails you

A DRAMATIC EVENING, PRESENTED BY THE ARTS ASSOCIATION, UNIVERSITY OF HONG KONG

33.15

Total

611.75 Consumption of water in Kowloon In millions and decimals of galiens during the month of October.

1929

Consumption...... 112.69 120,46 Estimated population 167,380 172,420 Consumption per head per day ...

21.7

22.5

Constant Supply in all districts during October 1928 and 1920.

The Government Analyer's reports show that the quality of the water la antlefactory.

Total rainfall: 70.32; 1029, 08.03.

October 31, 1928,

On October 28 two plays were staged at the Varsity, to the great en joyment of these who attended. Above is a scene from "The Mere Man" which turned out to be a "screaming" farce. All those who took part were lady undergraduates, alx comprising the board of the "Emancipated Women's Club," Grace Ho Tung, Rose Kwok, Betty, Draper, Shells Whitley and Olga Basto.

Among those in the phe to are the Misses Parrin Rottonico,

from "The Ghost of Jerry Bundler, for which the men undergraduates

the fair sex who lidicated, anyway, in their product co, that men