1930-05-29 — Page 2

China Mail 德臣西報 中國郵報 All

HONG KONG AND SHANGHAI BANKING CORPORATION.

kuskertund 'Cap. 108,406, CLA Dansk and Falls Paidip named #30,000 601 Basarri Pana, zan

Berties

+#1, B000,000 ----.0, 400, DUO

Beserve Liability of Proprietara um 830,000.000

UBAD OFFIOR: HONG KONG

MOARD OF DIRECTORS :—

1. k. Plummer, Bou

Chairman.

Hun. Sts. . (7.8. Maskis.

Deputy Chairman.

, h. Bull. Kay.

4. B. Compton, Kel.

B, Lander Lowia, Kej.

Hon. Mr. J. J. Paterson,

1. Prazos, Toy

T. . B. Shaw, 29*j.

J. F. Warren, Ers.

A. Miskin, K.

Acting Chief Manager.

BANGIOS

JATAVIA

BOMBAY

CALOUTTA

DANTON

AREFOO

DOLOMBO

DAIKIN

FOODKOW

TaiPiona •

MAXBURG

KANKOW

MARDIN MONOKEW COHA

POE

HISTORI

CORR

KOWLOOK

F. M. Graybars. K

BRANCHES:--

KUALA LUMPUR

LONDON LIONS

MALADQA

MANILA

MUAR (Jubord

MUKDKN

NAGARATI

KEW YORK

PEIPINO

PENANO

SAIGON

SAN FRANQUHOU SHANDITAL BINGAPORE

BOURABAYA

SUNGHI "PATANI TIERTAIN

TOKYO

TSINGTAO YOKOHAMA

Defeat Aortante opened in Local Carriacy and Fixed Depouts received for one pose de shorter pscioda" in Local Overvasy`nod Breeling ma barack which will be quoted on sepilostics. Hong Kongilt April, trša

HONG KONG SAVINGS BANK.

The Business of the sboru Bank la pecluste

od kỵ the BONO KURD AND SILANGHAI BAKINO CORPORATION,

oned on spication

18

POR THE HONG KONG & DEANGUÁI MAMKING CORPORATION.

V. M. GRAYBURN,

Acting Chlef Manager,

Hong Kong, th March, 1984.

NEDERLANDSCHE HANDEL. MAATSCHAPPIJ, N.V.

(59) BELANDA TRADING SOCIETY) BANKESA

Beschlished 125i

Enna Erse Offer:~~il Queen'e Boné "Conteni. Anthocton Capital in

Pakt-Op Sapital.

Botero Frad -

Guildars 150,000,000.

(818,300,000)

Qui 0,000 Guildars 45,000,000-

Food Of MSI KRDAM'). Elora Hrad Ú@or—BATAVIA. KMANOLI KU 2--Hardjarmasin

Bendosos) Bombay, Calota, Charbon, Diamber, Djok Jikacia") The Hague'), Jeddah, Kobe, Komm-Madja, Makamar, Medan, Paisag Primabang Pekalonga, Ruang Pontianak Bangone, Botterdam"), Basting

Babol

(dumaira). Bingapore, Forsbala Jokes (Bola. Tagal, Tilijap mad Weltevreden,')

* This one hava safe deposit boxes to lan Lapins Bankers-National Provincini Beak It. Correspondania all ore the world backing buizen of STWY Asscription testsseted.

A. STOKKINH,

Act. Maisager.

Hong Kong. 15: April, 1901

BANQUE DE L'INDO - CHINE.

HEAD OFFICE:

95, Boulevard Hausaman, Perin. Subscribed Capital .Frs. 72,000,000.00 Pald-Up Capital...Fra. 68,400,000,00 Reserve Funds ....Fra.102,000,000.00

BRANCHES: Bangkok Hong Kong Quinhen Battambang

Bue

tintho Mangtze

Djibouti

Saigon Shanghai

Nam Dinh Singapore Neamea Thanber

Canton

Fort-Bayard Papeete,

Haiphong

Bankow

Hanoi

Poking

Tientsin Tourane Prom-Peuh Vlak Pondicherry Yunnanfu BANKERS:

IN FRANCE: Comptoir National d'Escompte de Paris; Credit Lyonnais; Banque de Paris et dan Pays-Bas,

Credit Industrial at Commercial; 80- elete Generale.

IN LONDON: The National Pro-

vincial & Union Bank of England,

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

Incorporated by Royal Charter, 1858. HEAD OFFICE: LONDON. Paid-up Capital

Reserve Fund

.£3,000,000 || .84,000,000

Reserve Llability of Proprie-

tora...

.28,000,000

KUALA LUMPUR XVOJING

Agencies and Branches:

ALOB STAN

[Malay Hinton'

AURITÁLE

BANOKOK BATAVIA BOMBAY

CALCUTTA CANTON

CAWNPORS

CEDU

COLOMBO

DAIRAN (Deins

South Mancă grín)

DELUI

HANIOW

(N. Manchuria

ELIPONG

HAMBURG

FABBIN

HONG KONG

trolle

ЖАНАСК

KLANG

Iron

BOOK

KUALA KANGSAR

Perak (7,103)

MADRAS

MANIL

MEDAN

NEW YORK

PEKINO

PENAND

PERIAWAR RANGOON

MALOOM

SEMAHANO

SEREMBAN

АНАКОНДЕ

ВЕКОЛЮЛЯ BOURABAYA TAIPING

P.1.8.

TAVOT

TIENTSIN TOKYO TONDKAR (Brukeng TRINGTAO YOKOHAMA LAMBOANDA

(Philippine Islands)

General

Foreign Exchange and Banking business transacted.

Corrent 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, 8tu. January, 1929,

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

Authorised Inaued Paid-up

Resorve

CAPITAL

Liabilities

of Shareholders

Surplus

THE CHINA MAIL.

HO HONG BANK.

13th Annual General Meeting.

COMMERCE

The thirteenth annual general meeting of The Ho Hong Bank, Ltd., was held at its registered office, No. 94 Market Street, at 2.30 p.m. in Singapore, presided over by Mr. Lim Peng-mau, The others pre- sent were Messrs. Chee Swee Cheng, Ng Aha, Tan Swee-hos, Ko Leong- hos, Lee Choon-seng, Aw Boon- haw, Sce Boe-ih, Teo Soo-peng,. Check Cheng-kee, Yap Soo-hock, Dr. Wee Hlap-tock, Messrs. Chia Chan- tok, Seow Puh-leng, Lim Bock-kee, Chun Keh-hai, Tan Chin-tah, Chin Ciang-coon and Hooi Yip-bong (secretary).

The notice convening the meeting, the auditors' report and the minutes of the last annual general meeting having been read and confirmed, the chairman addressed the meeting as under:-

The directors report and the Straits $20,000,000 | balance sheet and profit and loss ac-

8,000,000

count for the year ending December 4,000,000

31, 1929, having been in your hands 4,000,000 for the prescribed period, I presume 2,526,000 we may adopt the usual procedure

of taking them as read.

HEAD OFFICE: SINGAPORE. Branches, Agencies and Correspon-

dents in the principal cities of the

world.

Every description of Banking and Exchange business transacted.

TAN ENG HOOL

Hong Kong, 15th May, 1930.

Manager.

THE BANK OF TAIWAN, LTD.

(TAIWAN GINKO)

HEAD OFFICE:-Talpeh, Formosa Incorporated by Special Imperial

Charter, 1899.

Custal Bank in Formoen,

Slank-Notas druriga amoent in Yan. 66,000,000 BBAKOITZA AND AGENCIES, JAPANI-TOKYO, Xaložena, Kobe, Ombu ГОДЖОВА О

Kach „Karioko,

The Items in the accounts to which I feel I should draw your attention are "deposits," "loans and advances" and "profit for the year." You will see that "deposits" amount to about $18,000,000 as compared to some $16,000,000 in the preceding year, while the amount of "loans and advances" was $9,455,000 odd as compared to $7,785,000 odd in the preceding year. The increased amount of "loans and advances made possible by the increased amount of deposits, reflected na- turally on the profit for the year, which would have stood at about $700,000 instead of $571,721 if not for the transfer of about $152,000

Webook Haso, China Tao, Pans to reserve against exchange fluctua

„Takao," "Tamaul. Zosa, Batie, Talin, |CHINA:---Bhanghai, Banker, Kunoy, Zrasher,

Haslow, Canton.

Sorab33

OTHERS: Mong. Bingapore, Bemarang slave, Bombay, London, New York, Dia.

LONDON BANKERS:

"cleate,

The London County Wastedator and Zwer's Boak,

The Bank has Correspondents. In all iho pelas | sipal Commercial Contend dhroughouă the weed,

E. KAGUBL

RONG KONG BRANCH:

1. die Voor Bood Chatend Hong Kong, 19th January, 19

Manags/

tion as a provision against any de preciation on the capitals assigned to our Hong Kong and Shanghai branches. This brings up the amount of our reserve against ex-

fluctuation to change

$300,000 which, together with the general reserve, reserve for equalisation of dividends, reserve for doubtful debts and the amount carried forward, makes the total of $2,626,000 which In the opinion of your directors is

THE BANK OF CANTON, LTD. ample for all purposes.

Established 1912.

Head Office:-Hong Kong.

Astmorland Calai (EL.M. Curresagi ...$11,000,000 Fald Up Capital 061,000 Basters Fand ---

1,000,000

BBANCHES-n

Facto, Blang Blow Bangkok, New York and bac Frinds

LONDON DANKEES 1- -

The Lloyd's Bark limited COBAREPONDENTE

En eli principal titles of the Wor Foreign sashangs and banking bonisem ol erary Esipsion intel

Bala Deposit Boxes (various duse) zi a zuela reased of from 24 to 368,

LOOK POONG SHAN,

Chief Manager Hong Kong, 14th May, 1930.

THE BANK OF CHINA.

行銀國中

A Satisfactory Year. Under the circumstances you will, I think, agree with me that we have had quite a satisfactory year in view of the general depression, in trade consequent upon the poor prices realised for rubber and tin, the two staple industries of Malaya. Perhaps you may be interested to know that since its establishment the bank has paid dividends amount. ing to 96 per cent of its paid-up capital, if the amount we are going to declare to-day is sanctioned and Included.

Ltd: Comptoir National d'Escompte special charter of The National GDT- Business continued, however, to be

de Parla; Credit Lyonnais

IN NEW YORK; J. P. Morgan à

At the previous general meeting you were informed that your direc tors did not' establish a branch at Sourabaya because of the trade de- pression there but that they would proceed to establish the branch as an opportunity occurred. depressed in Sourabaya throughout the year and as signs were not wanting that the slump would be $25,000,000.00 prolonged, your directors did not $24,710,200.00 feel justified in establishing a ... 8,820,508-82 branch there. The matter is, how

plated branch would be established

Reorganised October 20, 1928, under soon as

ernment as an

Co.; French American Banking Cor INTERNATIONAL EXCHANGE

poration; Guaranty Trust Co. of New- York.

BANK

Subscribed Capital Pald-Up Capital ...

Interest allowed on Current Ac-Reserve Funde "ounts and Fixed Deposits according

LO AXTADTements.

Every description of Banking ind - HEAD OFFICE: SHANGHAL Exchange Basiness transacted.

Safe Deposit Bozgs to let.

A. LECOT,

Manager.

Hong Kong, iar May, 1929,

LIMITED,

Established. '1850,

HONG KONG BRANCH:

4. Queen's Road Centril

AND

FINANCE

the bank is due, I have no doubt you will endorse the action of your direc- tore by sanctioning the payment,“

In conclusion I must express my thanks to my eclleagues on the board for the valuable advice and assistance which they have So readily given me on all occasions.

Accounts Passed.

I now move that the directors' report and account be adopted and passed but before putting the motion to the vole I shall be pleased to answer to the best of my ability any question you may wish to ask.

There

being no question, the chairman then proposed the motion as stated above which, on being seconded by Mr. Sea Boo-ih, was carried unanimously.

THURSDAY, MAY 29, 1930.

HONG KONG MARKET PRODUCE.

APPROXIMATE RETAIL PRICES.

Butcher Meat,

Best Birtoim

Prime Cut

П

Carned

Boart

Breast

Soup Steak

Steak Sirion Bauenger ....

牛尾耙

Bullock's Brains (.......... 41 Tongue, fresh Tongue, corned

Н

Head

Heart

Homy, Salt .

May 28, June, Juris,

1980. 1918. 1814

Ct. Ct. Cts.

Ib, 80 24 12

-- 28 12

+

30. 28

17

80

K

27

J

2.1

30

24

1

44

36

per set 15

each 65

4 - →

牛頭

" $1.40'

Jb.

24

30

20

M

Foot

each 12

Kidneys

牛麵

15

14

Tall....

Liver

Tripe

P

Л

Calvos' Head & Fest Mutton Chop

"

Ler Shoulder Saddle

Mr. Check Cheng-kee then moved that the dividend of 10 per cent, on the paid-up capital of the bank. be déclared in respect of the year end- ing December 31, 1929, and paid to` the shareholders as appearing in the share register of the bank on May | Pigʻa Chiilings 8, 1930. The motion was seconded Brains by Mr. Lee Choon-seng and carried unanimously.

On the motion of Dr. Wee Hlap- tock, seconded by Mr. Yap Soo-hock, it was resolved to vote the sum of $10,000 as directors' fees,

H

Foot H

-

Fry

W

Fend

Heart

* 25 20

AF. lb. 24

10

**

13

$1.20

12.

6 7

+ $1.20 $1.00 $1.00

Ib.

*****88929 |

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30

H

10

10

28

28

**

Per set &

16.

18

28

16

18

✈ each. 18

Kidney

14

lb.

42 30

猪排

35

#

Leg

$6

Lain

#

40

Fat or Lard

21

per set 80

each 10

18

12

40 26

lb.

25-

80

20

28

20

10

28

32

→ LITER Mr. Ko Leong-hoe proposed and Pork Chop Mr. Lím Bock-kee seconded that the retiring directors be re-elected, viz.: Mesars. Lim

Peng-slang, Khoo

24

Beng-chiang, Chan Kang-swi and Sheep's Head & Foet.. Aw Boon-haw.

Messrs. Evatt and Co., the retir ing auditors, were re-elected for the current year.

-25

Heart

*

Kidneys Liver

On the motion of Mr. Tan Swee-Sucking Pigs, to order : hoe, seconded by Mr.

Chee Swee- Burt, Beed ....... cheng, it was resolved to sanction the payment of $3,000 to the Employees' Benevolent Fund.

The meeting terminated with a vote of thanks to the chair.

CHAMPAGNE CROP.

Many Vineyards Laid Waste.

Veal

"

Malton .....*

Sausages

#

4

No. 1.

Fish.

Barbal Brea

Canton Fresh Water

Carp Catfab

Fish

Two days frost has destroyed two- | Codfah thirds of this year's champagne Crabs

Cattle Flak crops.

H

Fresh Water

Yellow

The heaviest losses, perhaps, are Dab in the famous white-grape regions Dace south of theims, and therefore very Dog Fish

little high quality champagne can Ests. Conger be produced this year.

"Nearly all the most famous re- gions," said M. Honriot, of a noted Frogs firm of wine-growera, "have been Garoupa

He continued:

Gudgeon affected."

The vineyards of the mountain Herrings slopes of Rheims, Mailly, Rilly, and Halibut other places have been laid waste

Labrus

by the frost, and it is estimated Loach that from 75 to 100 per cent. of the wine crop is lost.

However favourable may be the conditions, the 1930 weather champagne crop can hardly reach one-third of that of last year.

EASTERN TRADE.

Lobstars Mackerel

Monk Fish Mullet Oysters

Parrot Fish

Perch

Pike

Plaice

Report on Methods in Pomfret, White

Java.

Pomfret, Black Prawns

Ray

Professor E. J. Goddard, B.A., Rock Fish D.Sc., in a report presented to the Rosch Australian. Minister for Agricul-aimon ture and Stock, set forth certain Shark conclusions be had formulated dur-Skate

Shrimp ing his recent visit to Java.

The report was the outcome of a snapper request made in March 1929, to Mr. Salas W. Forgan Smith then Minister for Tench Agriculture and Stock that a visit Turbot

ever, kept in view and the contem-should be made to Java in order Turtles, mall, fr. wa

that the Pacific Science Congress.

As soon as the conditions there should be attended, and the problems

warrant. ›

of tropical primary production in-

++

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Chicken Capoos, Small Capons, Large Duck

Doves

Poultry,

Eggs, Hen (cooling). Fags, Hon (Fresh) Fowls, Canton Fowls, Haina

Glosse

Pigeons; Canton

n

Hoihow

Turkeys, Cock Turkeys, Hen Snipe

Pheasant Quail Partridges

Almenda

May 23, June, June,

"each

1030, 1918. 1974 Cta. Ct. C

1b.

48 -30 81

58

29

30

.52

28 30

42 32

21

-

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21

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18

65 25 20

60

38

24

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85

24

40 24 24

each 40 80

30 28

75

60

81

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pair

-

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Fruits.

Apples (California) Bananas (bride's) Garambols

# ̇金山中心。 EUTE M

80

35

80

24

8

4

+

་་

Coconuta...... #7 each 12, 10 10 Lemons, China .......

Oranges (Canton)

Oranges

Peaza (Canton)...... Peanuts

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26 80

Lichees, Dried .......

Lemons (American) .. Frit

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each 10

D

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新會刮機:

24

#

28

*

20

#

13

10

Persimmons, Large

# 插

12

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Plantain

* .*

Pumelo, Siam

Walnuts

邐腿枕 each 26

10

*#7

68

Fe

+

## lb.

Grapes

Vegetables, &c.

Artichokes

Beans, Sproat

И

Long

each 10

lb.

B

14

10

8

"

Beet Root..

Bitter Squash

Brinjali, Green

Red

Cabbage, Chinese ....

(Shanghai)__

Cane Shoots, bunch"..

Cauliflower (Large) 大梛榮花• each

(Medium)

(Small) 耕椰榮花

TA

Carrots

Celery, ChinesO

H

Chillies, Dried

Red

Green

Curry Stuff, English.... Hj

Cucumbers

Garlic

Ginger, Young

Old

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13

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34.

16

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10

16

糖樊

10

魏椒

28

*#*

32

#

12

40

10

6

22

8

19

23

13

18

14

32

22

Horseradish, Shanghai

28

32

Indian Corn

8

Lettuce

8

35

20

18

Water Cheatants

Mandarin.

10

8

12

50

8

32

14

10

20 15

IC

42 28

洋葱 生

8

8 8

t 4 6

36

上海站

*

#

20

60 8

Potato, Sweet

5 3

30

Japanese

22

日本薯仔

4 3

#

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American

13

仓山薯仔

B

Pumpka

5

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Rhubarb (Fresh)

*

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Spinach

45 82

43 28

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Mushrooms, Fresh Okroes

Ontoris, Bombay

Groen

H

Parsley

Shanghai

Tomatoes

Turnips, Punt!- (Lon

Vegetablo Marrow,

Water Lily Boct

boanga.

You may have noticed from the vestigated. The request was grant plains, and is restricted to the GOODYEAR COMPANY In Mindanao, particularly in Zam- notice convening this meeting thatod, and £250 made available for middle and eastern parts of the

Island. Owing to our numerous branches" in China and large connections in the you will presently be asked to sanc-expenses involved in the visit. Important commercial centres of the tion the payment of $8,000 to the

Reserve Fund. Yen 111,500,000 abroad

Studying the position from a There are 172 mls in Java, the

EXPERIMENT.

ZAMBOANGA.

The present plantatlon embraces only the area permitted by the pre- sent land laws. It is understood

if the present plantation is success- ful and profitable. NEW NICKEL MINE. Smelter Operating at Over Rated Capacity.

THE YOKOHAMA SPECIE BANK, world, we are able to extend to our Employees' Benevolent Fund. This goographical viewpoint, the report average plantation to each mill be- I

clients special facilities for domestic is made necessary by the fact that says, Java, including the island of ing 1,100 hectares (1 hectare equal- NEW RUBBER PLANTATION IN that the acreage will be increased and foreign banking and exchange.

we are precluded from making loans Madura, possesses an area of 50,762 ling 2.47 acres). The area planted We also handle the taste of Bonds and other Public Funds of the Chis to any of our employees by the square miles. The population, ac with cane at present is 200,000 bec- Capital, (fully pald-up) Yan 100,000,000 sa6 Government both at home and Companies Ordinance, no matter years ago was 36,403,338, but the cent of all irrigated land in Java.

cording to estimates made nine fares, which represent about 7 per

new rubber plantation project what the amount of the loan or the

Banana production in Java, as in of the Goodyear Rubber Company SHOU J. CHEN, necessity of the employee may be population at the present time la

Manager. Your directors, therefore, feel that estimated at 40.000.000, giving a the case of all other fruits, is ex-in Zamboanga, P.L., has already

this state of affairs should be re- density of 691.6 persons per square clusively in the hands of the natives.

In view of the intereat to Australia, passed Its experimental stage and medied by the creation of a fund mile,

In that respect some of the East 8 & quantity of bananas are export has shown favourable results, ac- from which loana may be mado to HONG KONG HEIGHTS our employees In cases of real Asiatic areas, although they sured yearly to Western Australia, Pro cording to a report just received in

necessity or hardship. In view of passed all other agricultural areas fessor Goddard devoted consider Manila.

Head Offee-YOKOHAMA,

Hong Kong, 5th March, 1930.

Branches and Agencies at:

Nagoya

Alexandria

Batavia Bombay

Buenos Ayr (Temporarily

Calcutta

Changchun Daires (De

Newchwang

New York

Osaka

Peking

Langroom

Rio de Janstea

||Francisco:

Victoria Peak

Signal

Par

·Foot.

1823

1774

The Goodyear Rubber American.

Toronto, Ont.

the loyal and hearty co-operation in the world, could not bear comparable attention to a survey of the pro- Plantation is the latest bber handled 14,846 tons of ore or an

The new smelter of Falconbridgo. Nickel Mines, Limited, which com For the information of visitors given by the members of the staff at on with Java. Japan had 353 per- duction. Bananas, he says, are

menced operations on February 4, the following list of some of the the head office as well as the sons per square miles; China, be- grown, throughout Java, the plants capitalized-and-maintained highest points on the Island and branches, to whose loyalty and co- tween 825 and 500 Bengal alone being utilised for various pur- Plantation in the Philippines. It average of 270 tons a day, in the Mainiand is published:

operation the healthy condition of approached Java with a density of poses In Western Java the plants is backed by large capital,

55 days ended March 31, according 600 per square mile, The Philip are grown by natives without any

Approximately one-fourth of the to the company's Initial quarterly pines had 65.8; Siam, 81; Ceylon, serious attempt at cultivation, and

report. This compares with an. are not attractive in appearance area controlled by the company is estimated rated smelter capacity Sugar and Banans Production. Baxans disease la rife, even at planted to rubber trees which have of only 250 tour daily and la con- _____In_Java," the report continues, the experimental station as Posar shown excellent growth.

cellent growth. Very eidered to be a splendid showing for sugar cane is a European crop, the Mingoe, leaf spot, the disease Identi sogn, the balance of the land will be the new producer in the SüdburyTM district, especially when all the une estated alone cultivating it. The cal with that so common within m- ground is owned by the natives who cent years in Queensland, doing con- planted to rubber seedlings now in avoidable irregularities, Incidental. lat their soil: by contract to the sidarable damage in the western the nurseries. The rubber seeds to starting a new plant, are con- factories, The ratoon system is un- part of the country. It la in south were imported from Sumatra The sidered) » known in the country, and each crop eastern Java that the area is found plantation was started in 1928. During the same period the com--- had to

planted in rotation with in whick bananas are seriously Alexander Muzzalla promoter pany shipped to its nickel refineries all principal of the work other crops generally in such altivated. In spite of the setting of rubber plantation projects In the at Kristiansand, Norway, 426.6 tons Every description of Banking and way Exchange business transacted. We [socc offer prompt and -personal service.

Bow

Kowloon

10th:

1020

THE INDUSTRIAL & COMMERCIAL "BANK, LIMITED,

"HEAD OFFICE: 12-14 “Queen's Road, Central,"

BRA

Centon,

CORRES

In thr

TIENKU KULIN,JE

General Manager, cultivat

the... » Kame – ground up of several experimental stations, Philippines, la managing the planta- of matta averaging 555 per cent. by cane once however, the natives have failed to tion. Experiments are being con- nickel and 28 per cent copper. Pro- **The, çâão la adopt the advice given by the technt ducted under which rubber tress duction is now on the basis of 2,000 almost entirely on the cal expert..

will grow successfully and rapidly tons of nickel a year,

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