1930-02-25 — Page 2

HONG KONG AND SHANGHAI BANKING CORPORATION.

Authorised Osplial

$50,000,000

Sensed and Fully Paid-up 'kom... $20,000,000 Basarea Fenda pun

Barling £8,600,000

Banerva Liability of Propriators ... $30,000,000

KEAD OFFICE: HONO LONG

BOARD OF DIRECTORS—

J. A. Plummer, Taq.

Chairman.

0.0.8. Mackie, Esq.

Deputy Chairman.

1. D. F. Delth, Eag.

W. H. Beil. Beg.

4. I. Compton, La.

1. Landar Towle, Esq.

ΔΙΟΣ

BANGKOK BATAVIA BOMBAY

CALUUTTA

CANTON ORLPOO

COLOMBO DAIREN FOOCHOW

W. D. Pallanden, Eig. T. E. Paros, Baq.

T. 11. R. #haw, Baq.

J. P. Warrar, Eag.

Chief Manager.

How. Mr. A. O. Bysan.

BRANCHES:—

LONDON

LYONS

MALACCA

MANILA

MUJAIS (Jnhure)

MUKDEN

NAQARAK1

NEW YORK

FCIPINO

PENANG

HILIPHONG

BANGOON

HAMBURG

NAIOON

HANKOW

SAN FRANCIHOO

HARBIN

BHANGRA

HONGKET

Moto

IPOH

JONOAR

KOBZ

HOWLOOK

KUALA LUMPUR

SINGAPORE

SOURABAYA BUNGEI PATANI TIENTSIN

TOKYO

TSINGTAO

ХОКОПАМА

Our Account opened in Local Curtenay

and Fixed Deponita rental for ace Just or shorter pedode in Loral Currency and Sterling

De Mer bich will be quotest on ppilation. Hong Kong, 24h Podniky, 10a.

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

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

..£3,000,000 .24,000,000

....£3,000,000 Agencies and Branches:

KUALA LUMPUR KUCHING

Reserve Fund ...

Reserve Liability of Proprie-

tors

VALOR BTAR

HANILA

Stal

ANGITSAR

BRAN

BANGKOK

KATANY

VEDAN

NEW YORK

PEKINO

VALOUTT

CANTON

GAWNPORE

CEAU

COLOMBO

DAIREN (Dany

Bouth Manchuria)

DELHI

HAIPHONG

HAMBURO

ΠΑΝΤΟΥ

HARDIN

__(M.__Manchurlaş

NONO SONO

ILGILO

irou

ЖАНАСЯТ

KLANG

K+2B

KUALA KANOHAR

Para (...)

PENANO PESHAWAR RANGOON

KEMABANO

NAIDON

BEREMBAN

SLIANGHAI

BINGAPORE BOUBAHAYA

TAIPINO

(P.M.8.) TAVOT

TIENTSIN TOETO

TONGKAT (Bluuksh) TSINGTAO YOKURAMA ZAMBOANGA

(Pallippine Islands)

THE CHINA MAIL.

COMMERCE

AND

FINANCE.

MINERAL PRODUCE Toronto and at $28 'a gross ton at

OF CANADA

Montreal

For the eleven months ended on November 30, however, there were substantial increases. Pig Iron

INCREASE IN GOLD OUTPUT OF production aggregated 2,007,612

ONTARIO

BRITISH COLUMBIA MINERALS

Gold production in Ontario for the eleven months of the current year, saya a despatch, dated Decem- ber 21, from Ontario to the New York Times was $856,286 in excess of that of the similar eleven months Foreign Exchange and General of last year. The total value of Banking business transacted.

Current Accounts opened and Fix-crade butilon produced in Ontario ed Deposits received for 1 year or in November was $2,558,361, com- which will pared with $3,071,591 in October shorter periods at rater be quoted on application.

and $2,687,587 in September. The A. H. FERGUSON, toanage milled, particularly in the returns from Porcupine Camp, Hong Kong, 8th January, 1920.

show reduction, owing to the loss of the Dome mill by fire.

Manager.

THE HO HONG BANK, LTD. (Established 1917.)

CAPITAL

Authorised Insured Paid-up

Reserve Liabilities

Shareholders

HONG KONG SAVINGS BANK. Surplus

The Business of the above Bank i conduct-

ed by the HONG KONG AND SHANGHAI BANKING CORPORATION.

obtained to piton.

Досбол хожу вла

POR THE HONG KONG & SHANGHAI BASKINO CORPORATION.

A. C. HYNES,

Chat Mangor.

Hong Kong. 18th September, 1927.

NEDERLANDSCHE HANDEL- MAATSCHAPPIJ, N.V. (NETHERLANDS TRADING BOCIETY) BANKERS.

Established 19 Aras Torg Offs:-15 Queen's Road Central Author Capital

Pald-Up Capital

BEST Ford

Builder 150,000,000-

(#12,500,000,3

Oak 10,000,000 Guilder 40,000,000 (2,888,839.)

Hand Off-¡AMSTERDAM'). Im lood Ofon :-BATAVIA, AMANQUER:--Handjarwal Sandown) Boobay.

Caloutta, Charibon, Distaber, Dic

Inkarte) The Hagent), Jeddah, Kabs,

|

|

"

tous, "advancing 14 per cent. to 1,297,278 tons.

Eight cars of ore were shipped from the Cobalt camp in the period from November 15 39 December 6. The mining corporation shipped two cars, one to Tacoma and the other to Del Oro. The Timiskaming Testing Laboratory shipped three cars, two to Del Oro and one to Noranda, the O'Brien Mine shipped two cars, one to Del Dre and the other to Tacoma, and the C. E a shipment to Corporation made Smith's Falls.

The cold weather that resulted in the freezing over of the lakes in the northern sections of the Province enabled ming develop- ment work to be cared out on a more expensive scal than is pos- sible in the Summer Months. With the waterways coved with solid ice, those mining companies whose properties Include ter claims were in a position to explore these by diamond drilling the Winter months and are enabled to gain some information garding the prospects for mineralization, at; depth.

Renewal of Diamond Drilling

In November the producing mines In order of output were as follows: Porcupine Camp, Hollinger, Mc- Intyre, Vipond, Confarum, Dome, $20,000,000 March, West Dome and Porcupine 8,000,000 United, Kirkland Lake Camp. Teck 4,000,000 Hughes, Lake Shore, Wright Har- 4,000,000 greaves, Sylvanite, Kirkland Lake 2,219,000 and Barry Hollinger. The figures HEAD OFFICES: SINGAPORE. from this camp are most interest- Branches, Agencies and Correspon-ing, as they officially show Teck dents in the principal cities of the Hughes to have total production world.

Every description of Banking and value for the month higher than Exchange business transacted.

that of Lake. Shore, the first time As a result of the cold weather, TAN ENG HOOL this has taken place in some time, it is expected that Sudbury Basin

Manager.

The total production from Kirk- Mines will soon resume their dia- Hong Kong, 16th May, 1029.

land Lake camp romained about mond drilling campaign through the monthly average, reaching the ice of Vermilion Lake. From $1,155,804, From Porcupine Camp. the south shore of the lake the however, the total production was company has had two 'drilis work- $1,395,589, the lowest on record to Ing for some months with reported date in the eleven months reviewed, satisfactory results. Lately, howe and attributed to the lack of pro- ever, only one drill has been in duction from Dome after the fire. I operation. According to a recent The grand total production of both statement, drilling results show an de- camps up to November 30 has extension of the known ore reached $30,341,894. The month of posits for 400 feet to the east, Wakong Naulo, Ehachiku, Tekchu, Taizes, October stands out as having had Although officials have been con- the highest output for any monthsidering underground fevelopment in the past two years.

for some time, no pins in this regard have been announced.

THE BANK OF TAIWAN, LTD.

(TAIWAN GINKO)

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

Charter, 1899.

Content Bank La Form Bank-Hot issued average amount ...Yes. 45,000,000 BRANCHES AND AGENCIES: JAPAN:-Tokyo, Yokolam, Hoba, Cocka FORMOSA --Ülgan,

Karenko, nakang,

Takes, Tamesi, Tosa, Milo, to [CUINA 10-Anorbei, sakow, 07,

Prochow, Bwalow, Canton. OTHERS-Log Kong Singapçan,

Boersbays. Batavia, Bombay, Calcuti Lendon, New York, Darea.

LONDON BANKERS,

The London County Westminster and Parr's Bank,

A decrease in orerdves under

underground developmt compar

Kous Badja, Makarar, lesdan. Podate

The Bank has Corrwependents in all the prestimated at $70,030,976, an in-ed with previous diamond drilling Pontianak, Rangoon, Ecilerdam), aipal Commercial Centre broughout the world.

Palubn Pekalongan, Peanut.

Bemarang). Bhanghai,

Bibolg

(Sumatre), Blogspore,

Bourable

The gross value of the mineral production of British Columbia creates a new high record, being crease over last year of $4,658,993. Higher prices for copper and lead, compared with those of 1928, are responsible for the advance in valuation. For the first time copper production exceed 100,000,- THE BANK OF CANTON, LTD. |000 pounds. Larger tonnages pro-

K. NAGURA

Manager.

3,L VOLLx Boad Contest Hong Kong, 1 January, 192.

Boerataria Sole Tips. HONG KONG BRANCH:

and Wallartaden."

There chose bave safe deposit both to lat. London BeakerNasional Provincial Dank A.

Corrsipendente all over the world

Banking basisme of every

description LAMANÓ.

P. M. ELBERO

Hong Koos 17th May. 1922.

Manager.

BANQUE DE L'INDO - CHINE.

HEAD OFFICE:

06, Boulevard. Haussman, Paris,

Subscribed Capital .Fra. 72,000,000,00 Paid-Up Capital...Fra. 88,400,000.00 Reserva Funds ....Fra.102,000,000.00

BRANCHES:

Saigon Shanghai

Bangkok Hong Kong Quinhon Battambang Hue Catho

Mengtze Canton Nam-Dinb Singapore

Thanhes

Djibouti Neamea

Fort-Bayard Papeete

Tientsin

Tourane

Haiphong Peking Hankow Pnom-Penh Vish

Pondicherry Yunnanfu BANKERS:

Banot

IN FRANCE: Comptoir National d'Escompte de Paris; Credit Lyonna; Banque de Paris et des Pays-Bas; Credit Industriel et Commercial; So- ciete Generale.

Established 1912.

Head Ofce-Hong Kong.

Authorised Capital (H.K. Currency) ...$13,000,000 Faid Up Capital 8,664,300

BRANCHES :-

walow,

Facton, Shanghai, Hankow, Bangbak, Now" Zork and Ban Francisco,

LONDON BANKEDS 1- -

Bank Limited. CORRESPONDENTS

The

In all principal nities of the World. Porsiga scans and banking business of very descripikom izsausosed.

Bale Dopods Bocas (various dami at a yearly reniet al from $4 to $4.

LOOK POONG SHAN,

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

THE BANK OF CHINA. 行銀國中

(Specially Authorised by Fresidential Mandate of the Republic of China on the 22nd of November, 1917.)

Authorised Capital

IN LONDON: The National Pro vincial & Union Bank of England, Paid-up Capital Ltd: Comptoir National d'Escompte Reserve Fund

de Paris; Credit Lyonnais.

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

Interest allowed on Current Ac. counts and Fixed Posits according to arrangements.

HEAD OFFICE: PEKING.

HONG KONG BRANCH:

4, Queen's Road Central.

duced at the Sullivan and Britan- nia mines have brought the output of metalliferrous mines from 6,241,310 in 1928 to 6,600,000 tons in 1929.

Increase in Dividends

Dividende for 1929 from mining

Indications for the Lop year Com pany, but with Imgement in grade, is announced the first an- nual report of the on Ridge Bickel Mines. Ltd, the period ended on October BL WEST,

Probable ore reserves; raccording' to J. Gordon Hardy, consulting en- gineer, are estimated at 1,867,000 tons down to the thousand-foot level. Work has Bhown that the Longyear drilling down to 250-foot depth giving indications of con-

tinued equal size to 500 feet, would seem to be unjustified.

THEATRE

TUESDAY, FEBRUARY 25, 1930.

ROYAL

Owing to their Enormous. Success

RETURN VISIT

of

THE ENGLISH SINGERS

THE WORLD FAMOUS ENSEMBLE

Friday, February 28, at 9.15.

Under the immediate patronage of H.E. The Officer Administering the Government'

and Mrs. Southorn,

Popular Prices $4 and $2.

ODDS

AND

Booking at Moutrie's.

ENDS

EVERYTHING

MUST GO BEFORE 28th FEBRUARY

AS WE ARE CLOSING DOWN

ALL GOODS AT FAR BELOW COST PRICE

DON'T MISS THIS WONDERFUL OPPORTUNITY.

BUY NOW BEFORE IT IS TOO LATE.

YEE SANG FAT CO.

UNCLAIMED TELEGRAMS.

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

The following unclaimed tele enterprises will oggregate more

A dividend of two cents a share,grams are lying at the E. E than $12,500,000, about $1,000,000

authorized by the directors of Telegraph Co. office, Hong Kong- better than the previous year.

Canam Metals, was approved at the La Fon-ven, Hong Kong Uni-. These facts on mining output and finance are a few of the statements annual general shareholders' meet-versity, from Penang. contained in the preliminary reviewing at Winnipeg. and estimate of the Mines Depart ment released for distribution by Mr. W. A. McKenzie, Minister of Mines.

British

Columbia

BRITISH REVENUE

McKenna Duties May Remain

Roslawbos, from Boston. Lam Wool, care of Misa Hollis, Kowloon City, from Rabaul.

8. LACK,

Superintendent

Hong Kong, February 20, 1930.

again will maintain its position as the leading allver-producing province. It is re-

London, Yesterday, ported that the price of silver for the year is estimated at 53.069 The latest official igures of the.

THE GREAT NORTHERN .$80,000,000.00 cents en ounce, compared with British revenue situation show a

TELEGRAPH CO., LTD., 18,278,600.00 58.176 cents an ounce in. 1828, current deflelt of £97,000,000 com-

OF DENMARK 9,629,495.24

Copper output establishes a new pared with a deficit of £58,000,000 record because of the greater ton in mid-February of last year. By

The following unclaimed tele- nages mined by the Granby Com- the time the accounts were closed pany. The activity of the Con-last year the revenue had overtaken grams are lying at the office of the Great Northern Telegraph Com- Rolidated Mining and Smelting expenditure, and there was a sur- Branches and Sub-branches all over Company and other companies in plus of $18,000,000. The rercaue pany (Limited) of Denmark:-

Kengelbacher, Peninsular, from China and Correspondents in Barope, acquiring and developing copper this year, however, is £22,000,000

Vladivostok. America and other parts of the world. properties along the coast is expect-down, and the expenditure shows

London Bankers: The National ed to result in further important an increase of £17,000,000. Provincial and Union Bank of Eng- enterprises.

In view of the rovėnuş situation land, Ltd

The Quaranty Trust Company of

There has been a 1,000,000 ton it is suggested that Mr. Snowden New York.

reduction in the output of coal will not sacrifice the revenue of New York Bankers: The Irving mines and the report suggests that £3,500,000 which the McKenna hai, North. National Bank,

the industry might benefit. from re- duties on motor-cars, etc. have pro- The Equitable Trust Company of search and salesmanship in respect duced. These are annual duties General Metzinger, from Shanghai. New York.

E. V. JESSEN, Interest allowed on Current Ac-to marketing practice. The gross renewable from year to rear by THE YOKOHAMA SPECIE BANK, counts and Fixed Deposits. Terms on production of coal during the year Act. All to safeguarding duties,

Superintendent application

was 3,318,900 long tona, a decrease however, have fixed satutory time Every description of Banking Bus of 8.5 per cent.

Hmits. The frat 'that is due to nesa transacted.

Loons granted on approved secure The most important developments expire is the lace duty, on July 1

for the year were the continued ex-Mr. Snowden has already announc Special facilities for Home Expansions by the Consolidated Mined that none of the safeguarding

Every description of Banking and Exchange Business transacted. Safe Deposit Boxos to let

A. LECOT,

Manager.

Hong Kong, 1st May, 1920,

LIMITED.

Established 1880. Capital (fully paid-up) Yen 100,000,000 | itles, Reserve Fund

Yen 198,500,000

Head Office:-YOKOHAMA,

Branches and Agencies `at:

Nagoya Newchwang

Alexandria Bataria Bombay Buenos Ayres

(Temporarily closed).

Calcutta Canton

Changchun

New York

Osaka

Peking

Rangoon Rio de Janeiro Balgom

San Francisco

Dairen (Dsiny) Fengtien (Manden) Beattie

Hamburg

Hankow

Harbin

Bemarang

Shanghai

Singapore Ноставкул Bydney:

Temporarily closed)

change.

BHOU J. CHEN,

Manager.

THE INDUSTRIAL & COMMERCIAL BANK, LIMITED.

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

BRANCHESí

Shanghai, Hankow, Canton,

"Kongmoon.

CORRESPONDENTS

In all principal cities of the world

Every description of Banking and Exchange : business transactedag We offer; prompt and perkonal seprice. TIENMU E. LIN.......

Coniral Manage

MAY SHEUNG

ing and Smelting Company at Trail which included the compie tion of the 100-ton zinc plant capa city, which makes it a 400-ton plant, not yet in operation, the com pletion of a 100-tón addition to the sinc plant, starting of construction of a new fertilizer plant and the starting of a slag fuming plant, which will probably be in opera- tion by the middle of next year."".

Iron and Steel Output?

duties will be allowed to remain in force beyond the dates fixed for their expiration British Wireless

Service.

EXPORTS PLANS

China to Develop. Foreign Trade

Winga, from Tientsin. Kwok Hans, from Goteborg. Worship, from Goteborg. Giroux Lloydiano, from Shang-

Hoo Luen-chang, passenger,

Hong Kong, February 12, 1980.

Shanghai from his recent flness, Vloe Minister Cheng Hung-nion, in the course of his opening remarks, stressed the importance of improv- ing the quality of native products, pointing out at the same time the. important task of the Ministry of Industry in assisting the country's manufacturers to turn out goods of the highest class so as to enable native manufacturers to compete against foreign manufactures both in Chinh and abroad..

Nanking, Feb. 12. It is expected that the conference, Slackened sctivity in the auto A conference of the ranking in the courte of its cessions during mobile and agricultural implement members of the Ministry of Indus the week, will succeed in devising industries was reflected in reduced try, Commerce and abour and the uniform measures for the testing of fron and steel production in Novem Directo

74rfone testing all native merchandise for exporta

Han- tion abroad.

ber. Output of steel ingots and bures castings at 93,648 tona

at the kowan lowest point of the year, compared with 115,874 tons in Octaber and 108,488 tons in No

FANCY

HPP 186.5164 onTM

$1,409

from

down

was

A VAST ORGANISATION

During the last few months there lave, been\frequent references in to the fusion, between Cos and Bolekow, swbjek is now an et. It is not gen

14

BUSINESS DIRECTORY

AT THE NEW SILK STORE.

TAJMAHAL SILK STORE.

LADIES': Shawls, Hour! Coats, Kinomos, Underwears

(3 pc. set) at $15.00. GENTLEMEN'S:-Silk Shirts,

$8.00 Silk Pyjamas $6.00.

6. Flower Streat,

(opp. China Mall")

BOOKBINDING.

THE

NEWSPAPER PRISE LTD.

ENTER-

for Superior Binding "China Mail" Offices,

BA, Wyndham Street, Tel. C.22.

DENTIST.

HARRY FONG, Dentist,

let floor, No. 74, Queen's Road Central. Tel. C. No. 1255.

ELECTRICAL SUPPLIES.

THE GLOBE FOOK CHEONG ELECTRICAL SUPPLY CO. LTD.

72, Queen's Road, Central. Tel. C.3270.

ENGINEERS & SHIPBUILDERS.

W. S. BAILEY & CO., LTD.,

New. Work & Repairs.

Kowloon Bay.

Call Flag "L" Sole Agents for Kelvin Motors.

FOR BETTER PRINTING.

THE NEWSPAPER ENTER-

PRISE LTD., and

General

Printers,

Offices.

Commercial

** China Mail"

3A, Wyndham Street, Tel. C.22.

HAIR DRESSERS & BOOKSELLERS

LEE YEE,

Ladies' and Gentlemen's Hair

Dressers & Booksellers. No. 12, D'Aguilar Street. (opposite Queen's Theatre).

OPTICIAN.

THE HONG KONG OPTICAL

CO.

'Phone 2282.

58, Queen's Road Central

"EFather:~kale Çanuar (Floris 150 Par

Carge Rublari bole

Dekokin, Freud Back Brown Sue from

Store 4* -

Dre? styles, tant complete stroke of att sizes. Bepáirtín a sportalis

WONG SIU WOON 21. Patiner Sh

SORE THROAT THE ENEMY

EVANS PASTILLES are avere

1.shicici spainst all winter ils such as Bore Throats, Coughs and Coldik. Their satiseptic rapoan - penetrate into the Fémaèrmoões-cavities of the pow, throat and chest, killing all germs and quickly sooth- ing the inflained organs.

Made in England

to the farmu'n of the

herpol Thro

Chemia versehero. ·

EVANS Pastilles

erally realised, however, what this | Overseas, Among the” more" im vast merger means in terms of outportant abroad are the Rangoon Courts for the Government of put

Actually, when the fusion is com Burme, the Ceylon Government pleted, the capacity of the joint Secretariat building at Colombo, undertakings will involve the pro and the Sassoon Building, Shang- duction of about 1,600,000 tons of hal

steel per annum, 3,500,000, tons of Among recent bridge, contracta, coal, 1,500,000 tons of pig iron, and the new Tyne Bridge at Newcastlä 2,500,000 tons of ironstone." The is outstanding, while. Overseas output capacity of constructional there are, the Dessouk and Khaz- work will be about 180,000 tons per toum Bridges, the Limpopo, bridge, annum, an open court and the Bangkok bridge. This lat-

It will be remembered that Dorter la to be built acrpie the River, man, Long have in recent years Chao Phrs in the middle of the been responsible for the construc- city, and will commemorate the tion of a large number of stea! 150th Anniversary of the «founde. frame buildings both at home and tion of Bangkok.)