1930-02-19 — Page 2

L.

HONG KONG AND SHANGHAI BANKING CORPORATION.

Authorland Capital

................. 880,000,00

Lowood and Fully Paldap sua. $30,000,000 Rosser Fundam

પના આંચક

88,500,000

----------- $ 2,000,000

Bevorro Liability of Propriafoen m $90,000,000

1

MMAD OFFION: KONG KOMI

BOARD OF DIRECTORS—

W. H. Bell, Reg.

Chair

J. 4. Plumma, Esq.

Deputy Chairman.

B. D. F. Baith, Reg.

▲

Complo, Esq.

B. Landes Lewis, Zeq.

Q.Q, H. Mackie, Baq.

AMOT

BANGKOK BATAVIA BOUBLY

CALCUTTA

CANTOX

CHETOO

COLOMBO

DAIREN FOOCHOW

W. I.. Pallender, Esq.

T. Pearse, aq

T. II. i. Shaw, Kaj.

J. P. Warren, Esq. Chiat Manager.

BRANCHES :-

F

LONDON

LYON9

VALACOA

MANILA

NOUEDEN

MUAR (Johore) NAGASAKI

NEW YODK

TRIPING

PENANG

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

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

Reserve Fund

Reserve Liability of Proprie

tors

Agencies and Branches:

ALOK STIK

(Malay Blais)

AMRITOAN

BANOKOK BATAVIA BOMBAY

CALCUTTA

CANTON

САЖИРОДЕ

CKSE

COLOMBO

DABEN (Dubay

South Henchuria)

DE LEI

BAIPHONG HAMDUEQ

THE CHINA

MAIL.

.$9,000,000

#4,000,000

£5,000,000

IDALA ZUNFUN

KUCHING

MADDAS

MEDAN

PERING

PENANG

64 Per Cent. Above July, 1914

.

MANILA

NKW XOBK

PESHAWAR BANGDON

BAIGON -OEMARANG BEREMBAN BHANGHAL. BINGAPORE SQUBABAYA TAIPING

HANKOW

HARBIN

(H. Macharias

TAVOY

HOND ZONG

TIZNTAIN

MALO

TOKYO

IPOI

· TONOKAK“ (Bhuksii

TSINGTAO

YOKOHAMA

RAMEDANDA_-

KUALA KANGSAR

Poruk (17.3.8.) ·

НАВАСНІ

RLANG

ТОВА

*(Philippine Islande)

Foreign Exchange and General

•

Banking business transacted.

Current Accounts opened and Fix-! od Deposita received for 1 year or which will shorter periods at rates

be quoted on application.

A. H. FERGUSON,

Manager.

HALPUONO

BANODON

HAMBURG

SAIGON

HANKOW

AAN VRANOLBOO

HARBIN

BILANGRAI

HONGKEW

HINGAPORE

2

ILOILO

YOURADAYA

IPO

JONOBE

BUKOZI PATANI TIENTUIN

Hong Kong, 8th-January, 1920.

IOBE

TOKYO

TSINGTAO

KOWLOON

XUALA LUMPUR

YUXOBAMA

Current Ascounts opened in Local Currmosy and Pired Depoalla Pepared for one year, or shorter perioda le Local Curtenay sad Starting terma which will be quoted on application, Hong Kong. Sed Yoħruary, 1999),

HONG KONG SAVINGS BANK.

The Business at the above Bank in conduct- ed by the HONG KONG AND BANOHAL BANKING CORPORATION.. But may be cbtaled on application.

PO THE 11ONG KONG BUANOHAI BANKING CORPORATION.

A. C. HYNES,

Chief Manager.

Boog Moz. 18th September, 1977,

NEDERLANDSCHE HANDEL- MAATSCHAPPIJ, N.V.

(NETHERLANDS TRADING BOCIETY) DANKERS.

Established 1824

Tea Roog Olos:--11, Queen's Road Central. Aptkorlard Capital - Guličara 180,000,000- ($13,500,000) Fald-Op Capital ......... Quikr 80,000,000

(0,008.001.) Laserta Fond

Quilders 0,000,000-

Head Offs:-MSTERDAM"). Intern lead Of:-BATAVIA, ARANGUES-Bezdjermanin Bandong"), Bombay:

Calvin Oberlion, Djamber, Disk

THE HO HONG BANK, `LTD..

(Established 1917.)

CAPITAL

Authorised Issued

Paid-up.

Reserve

Liabilities,

Shareholders

Surplus

RETAIL PRICES

London, Yesterday.

COMMERCE

AND

•FINANCE.,

POWER COMPANY Chairman of Advisory Board

SHANGHAI COURT

Text of Agreement With Powers

FOREIGNERS' RIGHTS

Shanghal, Yesterday.

The Shanghai Provisional Court agreement, which was issued to-

WEDNESDAY, FEBRUARY 19, 1930.

COLONY'S WATER

SUPPLY

DECREASE IN RESERVOIRS ON ISLAND AND KOWLOON

CONSUMPTION HIGHER

The total storage in the island

CHINA'S FERMENT

Waiting for Nanking to Move

REPORTS CONFLICTING

Peking, Yesterday,, Latest reporte from Taiyuan- fu fail to confirm the reports that

Shansi is mobiliaing. Yen's only

movement

so far being Instruc- tous to Fu Teo-yi for Tiantain to "stand by in case_hostilitias opon on the. Tientais-Pukow railway. It is believed that Fu Tao-yi may send further troops to Tehchow, which is the end of his normal ares of control..

There is still no news of fight-

day, provide for the establish reservoirs on Monday, February 17, ment In the International Settle amounted to 1,011.11 million gal- ment of Shanghai of a District lons, showing a derenge of 49.07 Court and a Branch High Court. million gallons during the past week.

amount collected Shanghai, Yesterday. administering the Chinese laws, The

from At February 1, the average level Mr. P. S. Hopkins has resigned though due account will be taken streams was 2.04 million gallons. of retail prices was approximately the General Managership of the of the land regulations and bye-The week's consumption amounted 64 per cent. above that of July, North China Department of the laws of the International Settle- to 45.11 million gallons. 1914, as compared with 60 per cent. Standard Of Company of New ment.

Kowloon Water Supply one month ago and 65 per cent, one York, to take up the Presidency of The agréement consists of ten The total storage in the mainland year ago. The fall in the per- the Shanghai Power Company and articles and two notes. An addi-reservoirs on Monday, February 17,ing at Kuelteh and the reports of centages since January 1 was main- to be Chairman of its Advisory tional note from the foreign amounted to 419.80 million gallons, February 18 is believed to be with- ly due to reductions in the pricesBoard. He will take up the apsignatories, namely Brazil, Bri-showing a decrease of 4.50 million out foundation.

tain, America, Norway and the gallons during the past wook.

While it is known that the of eggs, butter and fah-British pointment on March 1.

The Standard Oil Company has Netherlands, points out that the Wireless Service.

North China The week's consumption amount-

seccessionist move- appointed Mesars. F. J. Twogood, agreement cannot in anywise ed to 24.86 million gallons, not

ment has been brewing for some and R. J. Corbett to be Assistant affect br Invalidate the rights Including 2.02 million gallons aup

time, the situation remains quiet General Managers.--Reuter. guaranteed to the Powers concern-plied to Water Boats at Lai Chi Kok.at present and it is believed that ed, and to their nationsis, under The yield from the Shing Mun the North will wait for Nanking to existing treaties between auch River and streams during the week strike the first blow-Reuter. Powers and China, "and we ac-jis 22.38 million gallons. cordingly reserve our full rights In this regard.”

TARIFF TRUCE

French Delegates

Leave Geneva

Geneva, Yesterday.

INDUSTRIES FAIR

York

1029

811.72

They further reserve the right in storage (million gallons) оп to object to the enforcement in the dates named: the International Settlement of any futuro Chinese laws that April 22

May affect or in anywise invalidate the Vane 3 land regulations or bye-laws of Jano 17 the International Settlement, or July 8 that may be considered prejudicial September 2

August 6 to the maintenance of peace and October 7 order within this area.

In consequence of M. Tardieu's Suggestion from Duke of resignation, the two principal Fronch delegates to the Tariff Truce Conference are leaving for $20,000,000

8,000,000 Paris.

London, Yesterday. Mr. William Graham, in a speech At the Manor House last night, -4,000,000

to-day, urged a truce for two or in connection with the British 4,000,000

three years, stressing the unfor- Industries Fair, the Duke of York 1,219,000

that the acope tunate effect on world tariffs If the suggested

and HEAD OFFICES: SINGAPORE.

utility of the fair, which was grow Branches, Agencies and Correspon-conference broke down-Reuter. dents in the principal cities of the|--"

ing year by year, should be further world.

He congratulated the

Right of Appeal extended." Government on, having appointed a Judgments, decisions and rul- committee to inquire whether other | ings of the Branch High Court trades might not avail themselves are subject to appeal, according of the advantages of the fair.

Every description of Banking and BANKING AT HOME

Exchange business transacted.

TAN ENG HOOI,

Manager. Hong Kong, 16th May, 1929,

THE BANK OF TAIWAN, LTD. (TAIWAN GINKO)

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

Charter, 1899,

Central Bank is Fermen

BRANCH MERCIES:

"

Bank-Nowe Laeved spoon) Ten, 18,000,000 Karak Kelang,

| JAPAN :—Tokyo,, Yokohama, Kobe, Osaka, | TORMOBA :—tirsa,

Makoor Nasio, Eklashiko. Takkhu, Talaan. Takes, Tamani, Toan, Halia, Tals." GELINA ang Bratos, Indy, Foucher

Bestow, Casson.

OTHERS: Hong Kong. Gingapore, Swaba

Semarang, Batatin, Bonding, London, New York, Dairan.

LONDON BANKARE,

Alante) The Harm'), Jaddan, Inbe. The London County Westminster and Parr's Bank The Bank hue Correrpoodents is all the pets.

Kolar Badha Matsoenz, Madam, FoRAN Palembang, Pekalongan Penang,

Fontana Burgoon. Bottelam, alpal Commercial Centres throughout the world. Kamarang'},

Bhanghai,

Blakes

(Damar Singapore, Boscaban,

I. NAGURA

3, Yosur Road Central Hong Kong, 19h January, 1970,

Manag.

Boerakarta (la), Tegal, Til HONG KONG BRANCHI Bod Weltevreden.")

* These clone kara esta lapouli Bozan in lak

London Bankers-National Provinzési Dank FAL

Forrtepondasin siil orse the world

Bending bosina

devociption renacted.

P. M. ELIKAG

Hang Long, 11th May, 1933,

BANQUE DE L'INDO - CHINE.

HEAD OFFICE:

#6, Boulevard Haussman, Paris.

Subscribed Capital Frs. 72,000,000.00 Paid-Up Capital...Fr. 68,400,000,00 Reserve Funds Fr.102,000,000.00

BRANCHES:

Bangkok Hong Kong Quinhon Battambang Hue

Saigon

Catho Mengtze Shanghai

Canton Nam Dinh Singapore

Djibouti Noumes

Haiphong Haskow Hanoi

Thanhea

Fort-Bayard Papeete Tientsin Peking Tomina Pnom Penh Vina Pondicherry Yunnanfa BANKERS:

IN FRANCE: Comptoir National d'Escompte de Paris; Credit Lyonnale; Banque de Paris et des Pays-Bas; Credit Industriel et Commercial; So- elete Generals.

Progress Reviewed by an Expert

Storage

The following shows the amount

Hong Kong Mainland

820.88

136.81

121,65

237.90

87.96

192.75 ***80.51*

152.79+

106.63

1,251.86

488.58

1,878.13

487.95

1,880.18

514.98

November 4

... 1,490.58

514.04

December 2

1930 January 6

... 1,514.80

496.54

1,270.77

458.50

21

18. 1,236.50

450.51

20

1.188.87

198.37

1,146.65

432.83

430.14

10

1,054.JB

424.30

17... 1,011.11

419,80

Lowest for 1929 in Kowloon,

+ Lowest for 1929 in Island. Consumption

to Chinese law, to the Supreme February 3 1,097.86 The personnel of the now com-Court of China. Chairmen's speeches at the first mittee, of twelve members, of The former practice for Con- bank meetings were

not quite so which Lord Chelmsford is chair-sular representatives to watch interesting as usual, says the Sun-man, was announced in the House proceedings or sit jointly, will be day' Times. Mr. McKenna, of the of Commons last night, and it discontinued. The house of de- The following figures show the Midland, és a member of the Gov has already had it first meeting.—tention for civil cases," and the weekly consumption (million gal ernment Committee on 'monetary British Wireless Service.

women's prison attached to the lons) on the dates mentioned :--- policy, would probably have let him

Chinese court now functioning, 1929

Hong Kong Mainland will be transferred to the newly April 22 self go more provocatively on cur

May 6 rent affairs had he been in a post-

established courts, and be super- June vigad and administered by the Chinese authorities.

tion of greater freedom and less re- sponsibility. A large part of his address consisted of an historical survey of banking progress general. ly, and of the expansion of the Midland's activities In particular, In the course of the past hundred years. But many useful lessons

YUET HAN RAILWAY

Five Organs Now Established

SINGER'S DEATH

Louise Kirkby-Lunn's Career

London, Yesterday, Madame Kirkby-Lann, the famous contralto, died last night after an illness lasting five months. British Wireless Service.

[Louise Kirkby-Luan, the dramatic contralto, was born in Manchester in November, 1878, and received her first musical instruction from Dr. Greenwood. In 1893 she won y scholarship at the Royal College of Music in London whore she studied under Visettl. While still a pupil there she appeared at Drury Lane in Schumann's "Genoveva" Dellbes's "Le Rolla Dit." 1898 to 1809 she was a member of the Carl Rosa Company. She began

and From

to sing at the Queen's Hall orchestral concerts in 1890. In that year she married W. J. K. Pearson and retired from the stage for two years. In 1901 she made her first appearance at Covent Garden. From 1902 to 1915 she was regularly engaged for, the Royal Opera seasons, taking Wagnerian and other roles. She ap- peared at the Metropolitan Opera and at Budapest for many seasons. Apart from Wagnerian parts her Dalila, Carmen and

87.66

80.76

88.03

27.17

3

27.48

24.88

July

24

27.14

11.08+

27.21

20,71

25

Foreign Lawyers

25.82$

23.28

Canton. Yesterday. According to report, there are

Angust 5 Among other things, foreign September lawyers duly qualified will be ad-

October 7 mitted to practice in the new November 4 courts in all cases in which a for-December z eigner is a party, it being provid-

81.85

25.17

2

50.86

27.62

29

58.41+

28.67

54.90

26.70

54.22

20.81

roles

48.00

26.54

Orfeo.]

1980

46.91

25.83

45.00

24.17

47.50

25.47

47.10

25.31

50.75

23.74

44.71

23.71

17

45.11 Highest In Kowloon during

24.80

period of publication of weekly reporta.

19

H

18

are to be drawn from past experi, five organs established within the

ed that such foreign lawyer can January 6, is likely to chal-Yuet Han Railway Office:→→→ Once, and no one lenge Mr. McKenna's contention 1. The Chu-Shiu Section Office only represent the foreign party that the big centralised institutions which has been organised since concerned. of to-day are stronger and more October 1929 with Mr. Chuck Hong- THE BANK OF CANTON, LTD. useful than the smaller and strictly shing as Director.

Established 1912.

Head Office: Hong Kong.

Apikoriand Capital (I.K. Outruney) ––SI1,000,000 Pulă Us Caplial Bussers Food

100,000

BRANON 281——. Qunion, Shanghai, Kankor,fusion,

localised baska that existed before the amalgamation habit set In. Anyone caring to read between the lines will discover that the Mid-

land chairman is not quite a whole- hearted supporter of an unadul Bangkok, New York and Frolata terated gold standard, though he admits that it would be hazardous to 'sever the connection between gold movements and the currancy upon which credit is based.

__LONDON BANKERS :-, The Lloyd Bank Limited, CORALSPONDENTE

In all principal sites of the Work.

Foreign difings and baking boslawe of every descripálos iraunsosad.

· Bata Deports Berga (turiana, „inar) sá a Jusły roof ons $5 to $40.

LOOK POONG SHAN,

Chief Manager Hong Kong, 19th February, 1927.

THE BANK OF CHINA.-

行銀國中

2. The Assets and Liability Committee (to be abolished in 3 months).

8. The Canton Office of the Yuet Han Railway Completion Committes. 4. The Private Yuet Han Shares Redeeming Office.

5. The Yuet Han Ralway Bonda Control Committee.

U.S. BUILDING The Effect of Credit Restriction

The Municipal Council may February 3 also be represented similarly by duly qualified lawyers, Chinese or foreign. in any proceedings in which the Council is the com- plainant or plaintiff, or the Muni- cipal Police are prosecutors.

Certificate Required

Lowest in Kowloon recorded in 1928.

& Lowest in Island in 1929.

Highest in Island in 1929.

PLOT AGAINST JAPAN

The agreement is to be effective ents in the mission school at from April 1, and continue in Lapgyixtsun, in Chinese

territ force for three years. from that ry, near the Korean border, for date, being extendable for an ad- Japanese Government.--Reuter,

alleged plotting against the

Foreign lawyers who are in this

way entitled to practise, shall apply to the Ministry of The last three organs are under Justice for a lawyer's certificate, way of establishment, and will be and shall be subject to the Chin- Mr. Goodenough, of Barclays, starting within a short time-aag laws and regulations applic-

Mukden, Yesterday, dealt very fully with the relations | Canton News Agency,

A report from foreign, scurces able to lawyers, including those of banks to Industry. Like other

states that Japanese police re- governing their

disciplinary cently arrested sixty Korean stud- authorities, he holds that the real

punishment. problem of the distressed industries is not so much lack of financial se- alstance as the attainment of such efficiency

will ensure lower (Specially Authorised by Presidential Mandate of the Republic of Chias prices, and consequently the capture In the past of foreign markata. on the 22nd of November, 1917.)

of the parties thereto-Reuter. the banks have lost not a little

"Recession to building activity

French Signature Postponed At the Oxford Conference on the $60,000,000.00 money in financing inefficient enter-

18,278,600,00 prise. They are hardly likely to during the first nine months of

Preservation of Rural England, Nanking, Yesterday. 9,829,498.24 repeat that mistake in the future.

1929 has been principally due to

The agreement relating to the protesta were made against the view the restriction of the Stock Market Chinese courts in the International that modern developments in elec-.. KAILAN MINING ✓

upon credit," states The Index, Settlement of Shanghai was signed tricity, transport, and housing published by the Now York Trust this afternoon at seven o'clock by should continue without regard-for The output of the Kailan Mining Co. "The subsequent easing of Mr. Hou Mo On behalf of the For- the beauty of the countryside.. Branches and Bub-branches all over Administration's mines for the credit and the return of money to eign Minister, Dr. C. T. Wang, the British Consul-General at Nanking,

Authorised Capital

IN LONDON: The National Pro- Paid-up Capital vincial & Union Bank of England, Reserve Fund

Ltd: Comptoir National d'Excompte

de Paris; Credit Lyonnais.

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

Interest allowed

HEAD OFFICE; PEKING.

HONG KONG BRANCH:

4, Queen's Road Central

as

NAME

ditional period by mutual consent

on Current As. China and Correspondents in Europe, week ended February 1 was nil, [more normal. channels make pro Mr. M. Hewlett, on behalf of Sir|

counts and Fixed posits according to arrangementa,

Every description of Banking and

Exchange Business transacted.

Safe Deposit Boxes to let

A. LECOT,

Manager.

Hong Kong, 1st May, 1999.

LIMITED

Established 1880.

for 1930

brighter,"

America and other parts of the world. The sales during the period amount-pecta

London Bankeri:---The National ed to 58,347 tons. Provincial and Union Bank of Eng-

land, Ltd.

The Guaranty Trust Company of THE INDUSTRIAL & COMMERCIAL

New York,

New York Bankers:-The Irving National Bank.

The Equitable Trust Company of New York.

THE YOKOHAMA SPECIE BANK, counts and Fixed Deposits. Terms on

Interest allowed on Current: Ac application.

"Every description of Banking Buil- ness transacted.

Loans granted" on äpproved secti= |

Capital (fully paid-up) Yan 100,000,000 | fkisa. Rasers Fund You 108,500,000 Special facilities for Home Ex

Head Oos-YOKOHAMA,

Braschon and Agencies at:

NAOYS Nowchwang

Alexandria

sporarily

New York Oláta Peking

Hangoon Rio de Janeiro Changchun

Satron San Fran Dairen (Dalny). Fangtion (Mokdeo) Seattle- Hamburg

Hirbin

*Hong Wife

Semarang

change.

BHOU J. CHEN,

Manager,

BANK, -LIMITED.

HEAD OFFICE: 12-14, Queen's Road, Central, Hong Kong. . BRANCHES

Shaoghal, Hankow, Canton,

Kongmoon CORRESPONDENTS,

Wa

In all principal cities of the world. Every description of Banking and Exchange business transacted. offer prompt and personal service, ·

TIENMU KULIN,

General Manager.

MERCANTILE BANK OF

INDIA LTD. PERÁD OFFIŐR ›

THE BANK OF EAST ASIA, LTD. THE

·HEAD OFFICE: HONG ›KÖNGKU:

10. Des Voeux Road Central, Hong Kong.

Authorised Capital $10,000,000 Pald-Up Capital-

5,000,000 Reserve.

1,500,000

· BRANCHES AND AGENCIES: Batavia Melbourne San Francisco

Nagasaki Bestile

Bombay

Calcutta

New York Bemarang. Canton Osaka Bingapore

Haiphong – Pariz.

Hendlala Pelping..............

Kobe Panang

Kowloon

London

Manila

Rangoon

Sourabaya

Salgene Tokyo

Shanghai

spondents in all p

princips

1, Gracechurch Bienska Laskoni

Authorised Capital:

Subscribed Capital Pald op: Capital Reserve Fund and Rest

[malá Tápia”

Fork Trouts (Mkedtips)

considerably

Miles Lampeon, Mr. Joseph E. According to the review: "Home Jacobson on behalf of the Mr. John- construction suffered practically a American Minister, complete reversal during 1929, and son, Consul General Greenman on so far this reversal has been large behalf of the Dutch Minister, ly responsible for a general build- Consul-General Dias on behalf Ing decline of more than 10 per of the Brazilian Legation and Con- cent. Up to September 30 the total sul-General Grenvold, on behalf of contracts awarded amounted to tho Norwegian Legation. Owing $4,602,267,600, na compared with to & misunderstanding of the $5,182,944,100 in the corresponding French Legation's instructions, the period of 1928.

French delegate, has postponed his

"During the nine months' period signature. The text of the agros- residential building in the 87 States ment will be released to-morrow. declined 29 per cent.; its total Canton News Agency, value for the period amounted to $1,551,364,000. Its proportion of total building activity likewise-de- clined to about 38 per cent. as against 42 per cent. In the year proceditig

CENTRAL BANK OF CHINA

ANTI-GOD" FRONT

Closing of Many Churches

Riga, Yesterday, Official Soviet sources report Canton, Yesterday that last week, was "the most suc It is officially, learned ti ft Mr cessful on the anti-God front." A TK Lân, President of the focal record number of churches were Central Bank of China, is still at closed and converted into clubs, the head of that bank Mr. Lin's schools, workshops and grain ware trip to Foochow to attend to the houses.

affairs of the Central Bank there Soviet leaders in speeches and has given cause to the ramours that Soviet press, articles accuse the engineering experts of obstructing the development of the five-year

he has been transferred to that port

It is not yet known whether: Mr Lin's absence is to be for long of industrial plan, and threaten ap- there is reason to plication of terroristic methods to

ehört belleve been

* successor has compel their co-operation. Krylenko, Provincial the prosecutor of the Suprime

| Court," announces his determination anton. so, exfarminate" "those, verm

werm

KASHMIR SILK STORE

for

EXCLUSIVE STOCKS

of

SILK

and

SILK GOODS

Opposite Queen's Theatre.

Drive a Trusty

“TRIUMPH"

the Motor that never falls you

Job

PRINTING

藏鮮

נדי

Our business is to create beauti- ful printing. Typography, choice, of stock every element that makes for more attractive book- lets, folders, etc. is produced- here with the care that spells success. Exact estimates of cost are offered on each job, regard Jess of size.

THE NEWSPAPER ENTERPRISE

· LIMITED

CHINA MAIL OFFICE SA, Wyndham Street. Hour Body.

Telephone

Central: