1930-07-01 — Page 2

China Mail 德臣西報中國郵報 All

Series Prev Next Source

&. II. C

B, Zander L..

d. Hinkler, Esqu

Act

>> KUX

'SŁYDKOK

BATAVIA

- BOMBAY

-JALOUTTA

-DANTON VOLTOO

MOLOMBO MAINEN

Y, St. Gh

BRANOZEN ;**

LONDON

• горскот MAIFIŌNI ́.

RAMSUNG MANOW REIX

MUNOZOW

KURA.

цож

#BO

KOME

KOWLOON

KUALA LUMPUR

LIGNS

MALACOA

MANILA

VAB (Jahera)

MUKDEN

WADABAKI

NEW YORK

PEIPINO FENAKO B&WODON

BATOON

BAN PRANCIJO

&HANDBAL

BINGAPORE

BOUBABATA

GUNDEI PATAMI PENTHIN

TOKIG

THIKOTLO

YOKOHAMA

Dani Soroval opened in Lost Currency 2nd Flrad Deposita received for one

keperioda in Local Corregor and Sterlin en worths which will be quoted on mgyllosilon. klog Kong, 1st April, 120.

HONG KONG SAVINGS BANK.

The Busome of the above Bank in oundups-

by the LONG KONG AND BHANGIAT Els may be BANKING CORPORATION.

mined on appliaison.

FOR THE HONG KONG À LENGHAL

TEKING CORPORATION.

V. M. GRAYBURN,

Acting Utlef Maunger.

Song Kang, 17th March, 123).

NEDERLANDSCHE HANDEL-

MAATSCHAPPIJ, N.V..

(UTTARELANDS TRADING BONEBIX) BANKERS. Established 1836.

Home Song Ofice:-11 Queen's Bood Oratral, Aiko Capital vildars 185,000,ana- FL811,800,000.)

(6,206,667. Rosa FasáGuilder 40,000,000-

(23,300,000.).

Fold-Op piel « Gulidaen @p1,000-

Head Offset=-={AMBI YRDAM”). #Eaton Head (foo:-BATAVIA.

ТРОН

SINGAPORE SOURADATA TAIPINO

TÁVOT**

Mancherial

EONG HONG

TIEHTOIN

Hons

TOKTO

TONGKAH (Dhukov,

KABAGEL

IBINOTAU

KLANO

YOKOHAMA

LALDOANDA

(Pallippine Islanda)

and

General

KOBE

KUALA KANGSAR

Pwak (P.M.H.)

Foreign Exchange

Banking business transacted.

Current Accounts opened and Fir- ed Deposita received for 1 year or shorter perioda at rates which will be quoted on application.

Manager.

A. H: FERGUSON,

Hong Kong, Stu Jancary, 1929.

THE HO HONG BANK, LTD.

Authorised Issued

Paid-up

Reservo

(Established 1917.)"

I ÇAPITAL.

Liabilities

of Shareholders. Surplus

.Straits $20,000,000 8,000,000

4,000,000

4,000,000 2,623,000

PIRE COTTON

GROWING.

Record Production in 1929.

AMERICAN PRICES.

E CHINA MAIL.

IMERCE

AND

FINANCE

REGISTRATION OF ACCOUNTANTS.

President and a Vital

Question...

The forty-fifth annual general meeting of the Society of Incor porated Accountanta" was held on

in the Incorporated Ac-i May 19 countants' Hall, London.

•

TUESDAY, JULY 1, 1930,

HONG KONG MARKET PRODUCE.

Prime Cat.at

APPROXIMATE RETAIL PRICES.

1930, 1918. 1014.

Chicken gas..

Poultry.

June 19. June, June.

Butcher Meat. Beef Sirloin ....... 4.

Cts. Cis. Cie.

b. 3224) 12

32 28 11

Capons, Small

28 12

Capons, Large

Duck

28.

18...

Doven

24 20 18

32 .24 22

Eggs, Hen (fresh)

44 80 85

88 526 20

per sot 15

Corned

Roast

Breast

Soup

Steak

Steak Sirlon

» Sausagen

Bullock's Braing

Tongus, freak..

Tongue, corned

Head.

Heart

Hump, Salt

Feat

Kidneys

cover

Tail

Livar Tripe

A remarkable Increase, which a record, is easily constitutes

Mr. Henry Morgan (the pre- shown in the cotton grown in newsident), in the course of his ad- fields within the British Empire. dress, sald:-The accounts The total for 1929, according to our first year in Incorporated Ac- Codinfanta Hall and the first year the annual report of the British of the branches and district so Calves' Head & Feet.. Cotton Growing Association, was cieties scheme. After debiting 472,500 bales of 400 b. weight, £149173. 6d. for depreciation of valued at £11,284,500, compared furniture, and $1,268 for the ser- vice of the reserve fund for redemp- with the highest previous figure tion of debentures, there remains a of 439,300 bales, valued at surplus of income over expenditure for the year of £1,157 68. 2d., which 29.301,300.

is a satisfactory financial result for:

now

the year.

Mutton Chop

Leg

Shoulder Saddle

Pig's Chitlingsn

In regard to. Incorporated Ac countants' Hall, experience indicates that the hopes and expectations of the most enthusiastle advocates for its acquisition will be fully realized. Pork Chop It has been found to be admirably

The production from Uganda, Tanganyika, and Südan showed a sharp advance in each case, and the report says that there are ample supplies of Empire and outside growths of cotton.

These cottons are becoming in-suited for our needs, and the de- creasingly popular with spinners, not only in this country, but on the Continent, and the arger pro auction is having an effect on the THE BANK OF TAIWAN, LTD.Price for American and Egyptian

growths.

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,

Manager.

(TAIWAN GINKO)

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

Charter, 1899,

Bank in : Farsons.

Back-biome issued varage amount an, combos

FRANCHES AND AGENBLES: JAPAN J-Tokyo. Yokohama, Kobe, Oaks,

FORMOGA:-ima, Kag, Karenko, "Itu

Matong Mansa, Shichidy, Talaku, Telanp

Takao. Tamil, Town, Halie, Talbo

KANOMBE—Basdjarmasin, Bendosng') Bombay,UIXINA zubaanghai, Hinkow, Amay, Foochow

Celule, Cheribon, Djember,

Djok

* Baslow, Oaxion.

falaris), The Hague'), Jaddah Tobe, 0711289-Hong Kong Hippor ocabass

Ko-Radi Makassar, Moden, Padang Palembang. Fekalongan, Pasang Palamak, Rangoon, Businełam ja

(Hongshen), -, Bingsporn, Fourab verkosenkarm (Balo), Tegal, ",Tilasing

and Weltevrede

These me kare tela degusia boxes, to 1. Lindra Bankses-National Provincial Bank Lai

Gertuspondante ali over the world.

Banking businam ol erity Beskription, transsvid.

A, STOKKINK,

Hong Kong April, 1920

Act. Manager..

BANQUE DE L'INDO - CHINE.

HEAD OFFICE:

96. Boulevard Haussman, Paria.

Subscribed Capital Fra. 72,000,000.00 Pald-Up Capital...Fr. 68,400,000.00

- Reserva é'unds........'Frm.102,900,000.00

• BRANCHES: Bangkok Hong Kong Quinhon

·Battambang Has

1. Cuntho

Canton

Saigon Shanghai Singapore ̧*

Djibout stumes Thanba

Fort Bayard Papeste Halphoog

Tintel Peking

Tourape Pnom-Pah. Vinh Kanal, Pondicherry Yunnanin'

Ban

BANKERS:

IN FRANCE; Comptoir National d'Escompte de Paris; Credit Lyonnais; Banque de Paris et des Pays-Basi Credit Industrial at Commercial; 'So"| ciete Generale.

IN LONDON: The National Pro- vincial & Union Bank of England, Lit Credit Lyonnais

Comptoir National d'Escompte

IN NEW YORK: J. P. Morgan Co: French American Banking Oor- guration; Guaranty Trust Co..of New York.

co› arrangements.

Every description of Banking and Exchange Business traniketed."

Safe Deposit Boxes to let

Bemarang, Fatania, Fonday). London, Na York, Dairen.

LONDON BANKERS:

Calouste

The London Dously Weekalastar and Parr's Bank.

pal Commercial Centres Baroughocá the world.

K. SAGULL,

Manage

Leg

Loin

Fat or Lard

羊排骨

鞍肉

10 '12

each 85 50 60

.. $1.40

1b. 26

Eggs. Hen (cooking)..

Fowls, Canton

June 19, June, Jane,

1980. 1918. 1918,"

Ctv. Cia. Cta

ib.

84. 30 91 -

55 28 30

80 D

гр

22 *

each. 18

Der dor. 35

25 20

68 - 36

本地法

Fowls, Hainan .................✯ ✯ ¤

Geese ..

Pigeons, Canton

Holbow

Turkeys, Cock

Turkeys, Hon

-$1.20 14

80 2. 20 18

each 12

Snipe Pheasant

10, 12

Onl Partridges

*ib.

(12.

set $1.20 $1.00 $1,00

Ib. 39 28

367 28

36 *

24-

Por sot 8

ib. 15

138RA&A” 888 * [ ! 19489e88 188 " ****** TE

Almenda

60. $5 24

89*8283 |

40 24 24.

cách đỡ 80

津口

lb.

775

each. 25

pair

each

lb.

Fruits.

Apples (California) 金山陳梨

Lemons (Amer

Lichees, Dried

Oranges (Canton)

Oranges

Foars (Canton)'

泰山香蕉

10 each 12

lb 12 25

U each 12 8

*** lb 38 25 80

ུལ|⪜༄སཋཨྰཿཆུབྷུས །༣ཋe

Baganus (brida's)

Brains Feet

Carambola ti

Coconuta.

Fry

Head

Lemon China

$18

Heart

each -15

Kidneys Liver

lb. 45

24 *

新會甜機

>>>

E per set 80

Peanuts

花

each 10

Persimmons, Large

Plantain

載 # *

235

Pamelo, Slam

邐雞肉·each, 18

鲜牛油

鲜羊油

-28

Walnuts Grapes

ib. 15

· 70

牛仔肉牛仔服

m 28

No. 1

Fish.

mand for its use for the purpose of meetings and social and other Sheep's Head & Feet functions has rapidly increased.

From the point of view of the ac countancy profession, however, the

Heart

Kidney Liver

Mutton

Sausages H

outstanding feature, and I venture Sacking Pigs, to order to say the most important event Sust, Hoef for many years past, has been the Under the conditions of trade revival as an Immediate issue of Veal which prevailed during 1929 it is the vital question of registration. not surprising that there has The mention of registration must teen gome falling off in demand.cause many of those present this The value of cotton dealt with afternoon to carry their memories by the association last year was back some thirty years or more to Barbel £3,683,667, compared with £4,160,- the relatively early days of this 049 in 1928.

society,

The net profit for the twelve months was £34,940, which brings the exceas of income over expen diture to £475,033,

With his annual report Sir William H. Himbury, the manag-

Catfish

Dace

Bream Canton Fresh Water The Institute's Opposition.

Fish When Sir James Martin and the

Carp stalwarts of the early days decided with remarkable foresight that Codfish registration was the proper policy in Grabs the interests of the general public Cattle Fiat The Bank Correspondents in all the pething director, publishes the report as well as of the profession, they

of Lord Stanley, on his recent could not have foreseen the vitally, Dab

Dealing part-important position which is filled by Dog Fish visit to India. cularly with the Sukkur Works, the huntancy profession Lurd Stanley mentions that con-ational life, at the present time. Ee siderable progress had been made. I think that even the strongest THE BANK OF CANTON, LTD. and it is confidently expected opponent of registration would be that all work will have been prepared to admit that had a Regis- finished, and everything in order ration Act been passed 20 or 25 for the opening ceremony

years ago the difficulties from which March, 1932.

the public and the profession art suffering to-day would be practical- ly non-existent.

HONG KONG BRANCH,

Vous Bond Castrel How Long, 19th January, 1822

دیگر

Established 1912.

Bend Oscar-Hong Kong.

Asterial Capital (H.K. Qaryanoy? ...$21,000,000 Fall Up Capfied 8,665,00 Monero Fund simu

*,,cou

BRANCHES 1-

Quaten, Bhangkal, Hankow,

Awalow

BANK FUSION.

Bangkok, New Tork and dan Francoru

LONDON BANKERSTM----

The Lord's Bank Limited.

COREZAFONDENTS

En alt principai diside of the World

Forsiga koge und banken bastunne af every Ameription trazemoted.

Mily Deposti „Botas (pyelone śwo) al a posely

LOOK POONG "SE AN,

Chief Manager Hong Kong, dith May, 1980.

THE BANK

OF CHINA, 行銀國中

HEAD OFFICE: SHANGHAL

* HONG KONG BRANCH:"

4, Queen's Road Central

Manager.

Hong Kong 1st May, 1939,

A. LECOT,

PROTEST.

in our

Fresh Wat Yellow

Froge... Garoupa Gudgeon Herrings Halibot Labrus Loach Lobsters Mackerel

Mullet Oysters

our views on this question and are Parrot Fish

Ferch Pike Plaice

菇類

CCR-COCR-NRSCENOGREECEBERXPERT 25

*。

Vegetables, &c.

Artichoke

Beane, Sprout

Loug

Beat Root

Bitter Squash

Brinjals, Green

Red

Cabbage, Chiness

each 12

ལྷ། །

Ib. 8

12 8

(Medium) PRE

(Small)... RE

Chillies, Dried ......辣椒干性 as 25

Green".

Red

16 10

10 15

8 5

-36

↓

群

(Shanghai)

Cade Shoots, buach

12.

11 34

Cauliflower (Large)

大梛类花 each

23. 18

Carrots

b. 8

Celery, Chinese

***

10 10

紅辣椒

∴鬱花椒

Curry Stuff, English.... NAĦĦ

Cucumbers

Garlic

Ginger, Young,

15.

Old

Horseradish, Shanghai

Indian Corn.

Lettuce

Water Chestnuts

n 35

花班

*36

Shanghai

上海海頭

Paraley

芹菜

.45

Potato, Sweet

10 14

Japanese

石狗

82.

36 22 10

48-48¶ & MANARAMAOFREYGEERASVARSMEEEE.

魚魚魚魚瑯

International Congress, on Accounting.

50 86 20

22 10 10

# :-40

...05, 182 80

28281 40 22 23 38 26 85 #6 18 12.

,,1.00 140

Seed

Mandarin.

Mushrooms, Fresh

Okroes...

Onions, Bombar

Green "..

American

Pampila Radish...

Rhubarb (Fresh)

hallots

Spinach Tomatoes

Taron

;Turnipa Punk (Loa)

Vegetable Marro

Water Creas

Water Lily Boot J.

བྱཱ ཋ ཆ བྱཱ ཤཱ ཡ ཎཱ གྷ མཇསྐཝཿསྐ།

花花爭來干椒椒料瓜米東路盡頭菜署仔仔瓜仔來頭燒著來

生

草&

B**

金山作

工職萄籽

葱頭

It is regrettable. that the In- stitute of Chartered Accountants, with whom we have co-operated for DISMISSED MEMBERS OF STAFF ters affecting our profession, are not

many years past in regard to mat- Monk Fish

in agreement with us in regard to

opposed to registration.

The in- The first meeting of directors stitute has said that it wishes to be and members of the supervisory excluded from the operation of any, Pomfret, White

as its objective board the Deutsche Bank and leglalation having

Pomfret, Black Disconto-Cesellschaft. since the the registration of the profession

Prawns merging of the two banks was dis- The society is opposed to any such

Ray turbed by proteste from meir who exclusion!

Rock Fish A Registration Bill must den Bosch... had lost their posts owing to re-

with the profession as a whole, and Keorgsulsed October 28, 1923, under duction of the combined staff.

Jaimon special charter of The National Goy- Their representative, Herr I should like to take this oppor ernment as an

Marx, stated that since the fusion tunity of pointing out that, although

Skate INTERNATIONAL EXCHANGE 3,117, members of the staff had the institute and the society are in-

Shrizeps BANK

bean dismissed, 73 per cent. of corporated in different ways, the Snapper Subscribed Capital $25,000,000.00 whom had not found other em- charter does not confer upon the Solen Fald-Up Capital .....$24,710,200.00 ployment, but the bank would institute any powers which are not reach Entoreat allowed on Current Ac-Reserve Funds ..$ 3,820,60382 | save in 'salarica from 10,000,000 enjoyed by the society, pages

Turbot santa And. Fixed Deposita according

Objection has been taken to regis Turtles, small, fr. to 11,000,000 marks per annum. He feared it was intended to tration because it' might constitute bring the saving up to 1,000,000, an attempt to obtain a monopoly of marks per annum, and warned the all accountancy work. I agree that directors against carrying such the days of monopolies have passed.

taking from persons not being mem measures too far. He suggested The principles upon which our so

bers of the society who had" de- Owing to our numerous branches in that savings might more justly be ciety was founded and has carried. The holding of these international scribed themselves as Incorporated China and large connection. the effected by reducing, the fear of on its work are entirely opposed to congresses is an indication of the accountants to cease using the de- Important, commercial centres of the

signation. THE YOKOHAMA SPECIE BANK world, we are able to extend to our directors and of the hoard of anything in the nature of a world-wide character of the account-

་་ monopoly. And with pro- clients special facilities domestic supervision.

As we meet here year by year we UMITED.

and foreign banising and orchange, Herz Oscar Wassermann one per Professional experience and profession. The members of must feel, with a sense of respon

We also handia the issue of Bonds of the managing directors, replied cast page our examinations,, is able our delegation are glad to have ability and pride the increasing and other Pubile Funds of the Chin that the number of dismissals to obtain the qualification of In-studled the problems of our profes- obligations which fall to us, he mem ese Government both at home. and abroad.

would be brought up to 4.000 by corporated Accountant, which is

bers of the accountancy profession SHOU J. CHEN, July 1, and stated that this in second to none and the society does view and to have considered, in a full operation near the end of last

sion from some other points of

The Companies Act, 1929, came into Manager.cluded 24.8 per cent of the comast debar properly qualified mon or

bined board of directors, 24.6 per women who are not in a position to country particularly receptive of year, and still further extended the cent. of the heads of departments; serve articles of clerkship, new ideas, some practical develop obiigations of the professional ac. und : 14.2 per, cent, of the stau Under our proposals these means menta of modern accountancy.

countant in his capacity as auditor. whose salaries were fixed accord of entering the profession would During the last few months the It Is in connection with the ques- fog to the bank tariff. be continued We do not ask for vico-president and I have visited ation of balance sheets and, accounte

At the close of the ting any monopoly of work and it cannot number of our branches and district and their audit that we na Incor Herr Wassermann stated that, up reasonably be argued that any such societies. We have been much im-porated Accountants are most to the present, the fusion. the monopoly Is Implied by the stipularressed with the progress made intimately concerned, and the two banke had been in all senses tion that those persons who hold under the branches and district effect of they extanded pro- Batisfactoryk

themselves out to the public as societies scheme, which has proved visions in these respects had ready to undBitake the business of most advantageous and has already been seen Invothe professional accountants should be stimulated interest among all the greater freedom of auditors' certi- properly quailfed by experience and members,

ficates and the strong line taken by The following unclaimed tel ination, and be subject to Last year my predecessor, Mr. them in the case of certain public grams are lying at the office

control:

Thomas Keens, referred to the de companies,

the Great Northern Telegraph of a demand for claton in the Supreme Court of In concluding my, address I would Company (Limited)» /upf hin the profession South Africa, advice of which at say how much I appreciate the mark

Extablished 1830.

Capital (fully paid-up) Xem 100,000,000||

ayo. Fund" ngan kege Yen 111,500,000

Hand Ones—YOKOHAMA,

Branches 'mod - Agención atr

Nagoya b

Newchwang New York Pinka Feling

Rangoon

Rio de Janeiro Saigon

(Dalny)

(Mukden) Bestilor

Ben Franciaço

Hong Kong, 6th March, 1980.

KASHMIR SILK STORE

EXCLUSIVE STOCKS

SILK

SILK GOODS

THE INDUSTRIAL & COMMERCIA BANK LIMITED.

HED OFFICE: 12-1 Quera's Road, Central,' Hong Kong.

UNCLAIMED TELEGRAMS.

THE EASTERN EXTENSION ».

AUSTRALASIA & CHINA TELEGRAPH CO., LTD.

The following unclaimed tele- grants are lying at the E.E. Tele graph Co. Office, Hong Kong:-

Hajara Singh, No. 1 Bank of Taiwan, from Singapore.

McCarron, 8.8. Ranpura, from«, Singapore.

Exodus, from Colombo, 8. LACK,

Superintendent, Hong Kong. June 26, 1980.

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

I shall endeavour to do, the high Chun. Fope Co. traditions of this office I share the Wopg Zu-tae, Yah

the need for the pro- that time had been sent by cable | honour of being elected president of Kuang, 1, Happy Valley, from fon,dof: the pubile, our whereby the designation" "Incor this acelety,* In maînaining, as Amoy, p

that

ated |porated Accountant", was, held by Your Mr. Justice 'Button" to be the led aël Cusive, designation of members of

rls-lite Society of Incorporated Accoun tuated by banta and Aud! "in South Africa alleve that It Ou

Africa, lón,

idence my predecessors have 30 | 209), Queen' [Road Ce ften expressed from this chair ass

to the future of Incorporated - As- countants, which has been sa fustified in the histor

1930-07-01 — Page 2

Comments

Private Research Note