1930-10-29 — Page 2

China Mail 德臣西報 中國郵報 All

Page

HONG KONG AND SHANGHAI BANKING CORPORATION.

Authorised Capit0,000 Lowed and Fully Paldup #340,00 Best Funda :-

Bling20,000,000

sommarcon pinzettes-check,109,000 Kovém Liability of Proprietors

THE CHARTERED BANK OF

INDIA, AUSTRALIA & CHINA. - Incorporated by Royal Charter, 1858.

HEAD OFFICE: LONDON, Paid-up Capital

Reserva Fund

.£3,000,000 .$1,000,000

- $30,000,000 HIBAD OFFICE: HONG KONG.

BOARD OF DIRECTORS pom

Reserve Liability of Pro-

prietors

.£3,000,000

2. A. Flummer, Esq...

Obairman.

Hoa. M... 0. 8. "Mackle. Deputy Chairman

W. B. «Ball. · Esq.

Hout Me. J. 3. Peterson.

A. U. Compton, Exq. T. H. 'Poarce, Esz

■. Lander Lewis, Faq.3. 11., R. Bhaw, E.

G. Miklu, Esq.

xor

BANGKOK BATAVIA BOMBAY

CALCUTTA

ΠΑΝΤΟΣ

ВЕРОП COLOMBO DLIREN POOCHOW

2. P. Warren, Bay Chul anger.

VW. Grayburn, Esq. *

DRANCHES:--

LONDON

LYONS

MADACCA

MANILA

MUAB (Johor)

MUKDEN

NAGASAKI

NEW YORK

PEIPING

PENANG

RANGOON

SHANGHAI

Agentles and. Branches:

ALON HTAU

KUALA LUMPUR'

(Malay B1840)

AMRITSAR

BANGKOK

BATAVIA

BOMBAY

CALOGITA.

CANTON

CAWNPORE.

DRAU

COLOHDO

DAIREN (Daar? Bouth Wanchuris

WYPHONO HAMBURG HANKOW

HARBIN

(N, Manchuria)

HÙNG BOM

ILOILO

IPOR

KABACHI

KLANO

EOBE

SUALA

KUALA KAHOSAR

(Po..8.)

AUCHINO

MADHAS

MANILA

KEDAN

NEW YORK ΣΕΚΙΚΟ

PENANG PESHAWAR RANGOON SAIGON

BEMABANG

ANDENDA

SHANGHAI

SINGAPORE. SOURABAYA

TAIPINO (F.34.8) TAVOY

TIENTSIN

TOKYO

TONGKAH (Dhumal) THINGTAO

ΥΠΣΟΣΑΜΑ

ZAMBOANGA

(Pilipplee Esfanda)

Foreign Exchange and

Banking business transacted.

General

Current Accounts opened and Fix-

HAIPHONG

HAMBURG

* BATOON

HAN FRANCISCO

ed Deposits received for 1 year or which will shorter periods at rates

be quoted on application,

A. H. FERGUSON,

Manager. Hong Kong, 8th January, 1920.

HANKOW

HAEDIN

BONGFEW

ILOILO

IPOTE

JOHOBE

FOLK

KOWLOON

QUALA LUMPUR

SINGAPORE.

SOURABAYA

-BUNDZI.PATANI

TIENTSIN

10KY

THINGTAO

VOKOHAMA

*Current Accounts opened in Local Outensy and Fixed Deposita roesired fur que o shorter periods in 1dl Currency and ring one walch' will be quoted sa application Hong Kong, Hat April, 1990.

HONG KONG SAVINGS BANK.

The Dusions of the sboss Bank is saduck. by the HONG KONG AND RHANGHAI Bule may be BANKING DORPORATION.

btained on application.

FOR THE HONGKONG AND SHANGHA BANKING CORPORATION.

V. M. GRAYBURN.

Chiel Kingar.

Hong Kong, 13th July, 1900.

NEDERLANDSCHE HANDEL-

MAATSCHAPPIJ, N.V.

www.comm

(NETHERLANDS, TRADING BOCIETY;

BANKERS.

Established TEN.

Hong Kong Omos, Queen's Bond Central

Authorised Capital

Palt-Up Capital

Best Fund

(B130,000)

THE CHINA MAIL.

Commerce and Finance

U.S. TRADE" REVIVAL PROSPECTS.

Indications of Slow Improvement.

shrinkage in

WEDNESDAY, OCTOBER 29, 1930.

PRODUCE.

HONG KONG MARKET

were offsetting the gross earnings. Atchison Topeka Railway, for example, reporte gross Bout 'Sirloin earnings for the seven months total-

"Prime Gut ling $150,000,000, a drop of $17,-. Corned 000,000 compared with a year ago; Boast net $18,458,000," a fall of $16,016,

.Brenst 000. For the month of July alone gross earnings were $23,903,000, a decline. of $2,400,000, but the net of

A further Improvement in senti-was 88,182,000, an advance ment occurred in Wall Street this $30,000. This is the first monthly week and practically all the increase of the road in 1930,

more

011

stock the

the

lost on ground- market between July 28 and It August 13, was recovered, was on July 8, that powerful Wall Street banking interests became market оп active the belief that possim

been overdonc, says ism had

New York correspondent the

the Finanela? of

Times on Between July 8 and September 1. 28 the average price of fifty stocks, half of them rails and the other half Industrials, advanced from 187 to THE HOTHONG BANK, LTD. 207. Then we had the crop scare, which brought the average down to 184 on August 18.

(Established 1917.)

CAPITAL:

Authorised Issued

Pald-up

Reserve Liabilities

of Shareholders Surplus

There has been a recovery since Straits $20,000,000 that date, based first on the real-

8,000,000 4,000,000 isation that the crop damage had been exaggerated, and next on the 4,000,000 growing belief that at least some imme 2,526,000 seasonal improvement was HEAD OFFICE: SINGAPORE. diately ahead of general trade. This Branches, Agencies and Correspon-week saw the production of steel dents in the principal cities of the mills brought up to 54 per cent. of world.

Every description of Banking and capacity, as against 53 per cent, a week ago. This figure compares Exchange business transacted.

TAN ENG HOOI, with 80 per cent last April. The Manager. latest figure is still low, but it must be remembered that it follows fifteen weeks of continuous decline.

Scrap steel prices are higher, AMERICAN EXPRESS COMPANY, which is significant. Unfavourable earnings for both July and the seven months of this year were re- ported this week by some of the cailroads, but, on the other hand, some railroads showed that in July headway was at last being made and that reduced operating expenses

THE

.. INC.

Head Office: 65, Broadway. New York.

Galldorm 160,000,000-

Galiders 12,050,000)

Capital

(00,000,170)

Surplas

Guliders 10010,000

Reserves

(23,4,588)

Brad Gioo AMSTERDAY

Eastern Iost Office:-BATAVIL.

BRANORES-Dandjersin, Bandoung, Databay,

datcuits Cheribon, Keber Jakarta, The Elagua'. Koin-Hadje, Makanane, Welas, Palang

‚U.S.$6,000,000 U.S.$1,672,454 U.S.$1,008,209

Nie Карим Piraeus Parla

BRANCHES:-

Djok

Amsterdam Aniwaty

Ash

Palembang. Pokaloo

Pontianak, Rangoon, Beterdam's

Beetles Blartila

Bawang

Shanghai,

(Bunten),

Sibolga Singapoer, Bourbal

"Bombay

Делов Glasgowe Markus Hamburg Kavre laterialist Jerusalem

Tenang

Faking

Palarm

Eldo

Fattoriain

Betamsia

Woltarredon",

Buenos Aire

Calcula

Rostata (Solo),”Tagal, Tjlajup and

• Thees ofices hara sala deposit bez

Int.

Londra Becker-National Provincial Bank Ltd.

Dorrespondents all over the world Banking business of every dcription reacted.

A. STOKLINK,

Arting Kangur.

Hong Kong, 18th August, 1999,

சாார்

BANQUE DE LINDO-CHINE

HEAD OFFICE:

96, Boulevard Haussmann, Paris.

Subscribed Capital Fre. 72,000,000.00 Pald-Up Capital...Frs. 88,400,000,00 Reserve Funds” ...........

., Frs.102,000,000.00 BRANCHES:

Hong Kong Quinbon

Saigon Shanghai Mengtze Nam Dinh Bingapore

Thinica Tientsin

Bengkok

Battambang Huc

Seathe

Canton

Djibouti Neymes

Fort-Bayard Papeete

Haiphong

Tourano

Peking Hankow Poom-Penh Vinh

Pondicherry Yuanazis BANKERS:

Hanoi

IN FRANCE: Comptoir National d'Escompte de Paris; Credit Lyonnals; Banque de Paris et des Pays-Bas; Credit Industrial et Commercial; So- cists Generale.

IN LONDON: The National Pro- vincial & Unlen Bank of England, Ltd: Comptoir National d'Escompte de Paris; Credit Lyonnais.

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

·

Interest allowed on Current Ae counts and Fixed Deposits according to arrangements.

Every description of Banking and Exchange Business transacted. Bafe Deposit Boxes to lo

A. LECOT,

M: Manager.

Hong Kong, lat. May, 1929,

THE YOKOHAMA SPECIE BANK, LIMITED.

Established 1880. Capital (fully paid-up) Yen 100,000,000 Reserve Fund ToniL8,600,000 Head Offens÷YOKOHAMA..

Alrandris Batavia Bombay - Buenos Aires

(Temporarily, closed)..

Calcutta

Canton Changchun je

and Agencies at: Nagoya Newchwang New York :-Osaka

Poking Rangoon:

Bal

Janeiro

Fongtion (Mukden) Se

Hamburg Hankow

Bemarang

Dairen (Dalay) SanFrancisco";

Cante Colambo Coastalsple

Capeubagen Edinburgh

Селета

Landsc Liverpool.

Ingaso Luxor

Boms Stamboul Shanghal Benthampton

Marmillas Monte Carlo

Singapore

1. Marile

Vienna

Manila

Munich

Montreux Milan

Tinalain

Traice

Yikohams

Zurich

Branches of American Express Company in 'Principal cities of Unit- ed States of America and Canada.

All classes of Commercial Banking Transactions undertaken.

Personal.

investment

handled.

accounts

The Company offers to Intending Travollers the use of its "Travelers Cheques and Letters of Credit and, In addition, the world-wide services of its thoroughly equipped, Travel De partment.

Affiliated with

THE CHASE NATIONAL BANK Resource..Over G$2,500,000,000

E. 'W. DUGGAN;

Manager.

THE BANK OF CHINA,

三國中

Reorganized.October 20, 1928, under special charter of The National Gov- srament 43 43

BANK.

INTERNATIONAL EXCHANGE

-$25,000,000.00 Subscribed-Capital.. Pald-Up Capital ... $24,710,200.00 Reserve Funda ..48,820,603,82

"HEAD OFFICE: SHANGHAL.

HONG KONG BRANCH:-

4, Queen's Road Central.

Owing to our numerous branches In China and large connections in the Important commercial centres of the world, we are able to extend to our clients special facilities for domestic and foreign banking and exchanges.

THE BANK OF CANTON, LTD.

Butablished 1912,

Head Office Hong-Kong-

Authorised Capital (H.E. Currency) (11,000,000 8,86,600 Pall-Up - Capitāl sensomonessans Basarri Punk sumamontant

1,000,000

DRANCHES 2—.

Casion, Bhanghal, Hankow, Swalow, Bangkok, New York and San Francine

LONDON DANKZRB 1.

The Lord's Bank, Limited. CORRESPONDENTB

In all principal cities of the World,

Fomiga stahaugs and banking business of lavery description noted,

Rals Depoa's Boxes (various size) ak a juntty restal of free $5 to $10,

LOOK FOONG SHAN,

Chief Manager. Hong Kong, 14th May, 1930.

THE MERCANTILE BANK OF INDIA, LTD.-

HEAD OFFICE:

L5, Gracechurch Strost, London, E.C. Authorised Capital .£3,000,000 Subscribad Capital.... 1,800,000 Paid-up Capital

..... 1,050,000 Reserva Fund and Rest 1,646,500 BANKEES The Bank of Kogland Midland Bank, Ltă, BRANOKES

New York Perang Port Loule

Bank

Unteria Bomba Oplontis- Colombo Fialkl Balle

Hoar đồng

HowTab

Ipoh

Bands

Karach

Kola Dharn

Kdela Krat

Kuala Lipia

Xuala lipur

(Mauritius)

Flave goo

Bhanghai

Kosatan (Tabong) Singapore. -

Sourabaya

HONG KONG THANGLE

Every description of Banking and Exchange tual no trazzacied.

Travellers Chaques legged, ..

taken.

Freight-car loadings this week showed an increase over the pre- vlous week, and was the first since the downward trend started. The decline compared with a year ago is admittedly still large, and the in- the previous week is crease over small, but the most significant feature is that at least there is a change for the better in the tread.

H

APPROXIMATE RETAIL PRICES.

Oct. 29, June, June,

1980. 1918. 1914. ·

Butcher Meat.

Cla. Cts. Cts.

Poultry.

80

24 12

90

28. 11

23 12

Chicken Capons, Small Capons, Larga

Duck

80 24

22

Dove

28 +20

18

25

20

18

Eggs, Hen (cooking).

80. - 24 1 22

Egge, Hon (fresh);

44 80

*9K

-Fowls, Canton

88

28

20

Fowls, Habann

Goese

18

Pigeons, Canton

60

Soup Steak Steak Sirloin Sausages..... Bullock's Brains

H

#

the

H

Tongus, fresh .... Tongue, corned Head Heart... Hump, Salt

Feet

Kidneys

#

Tail

Liver

I

Tripa

Calves' Head & Fest

Kutton Chop

H

F

Log Shoulder Saddle

More Building Contracts, The week's building figures of 37 States cast of the Rockies show that the average daily building contracts let in August up to the 22nd aggre- Pig's Chitings gated $14,717,000, against $14,195,- 000 in July, 1930, and $18,803,000 in the corresponding period of 1929. Here, again, the advance is small. but, at least, there is not another loss..

Braina

H

Feet

Fry

*

Head

Heart Kidneys

Liver

+

Pork Chop

n' leg

per set 15

each 65-50

lb.

$1,00-$1.20

24 18 14.

each 10

lb.

15

#

и

18

12

10 12

20 22 25

24

18 14

0 +

30: $1.20 $1.00 $1,00

lb.

"

H

***

"

34

321

888 *******

* * * * * * *

18 1928898# 18~8798

Hollow

Turkeys, Cock Turkeys,

8nlpa Pheasant

Quali Partridges

Almends

Han

***

新鲜奶

DA SUMAR ERKLÄRAR

兩岸辨白火火沙山畴的

Fruits,

Apples (California)

*

Oct. 29, June, June,

1980, 1918, 1014.

Ote. Cts. Cla

b.

SB DO 31

56

+

28 30

"

60

28 80

24.

36

each 25

per dox. 84 88 68

32 21

22 21

-

18. 25..20

45 - 85 24

24 24

80"

25 28 75

jb.

#

45

each. 40

口罩 13

88 | I

h

60

61

pach 28

*pair, 1.90

each 25

96

"

7 cách 12 10

Lichens, Dried ... # # 1b.

新食舖機

10

#

ཡྻཎྞཱ་ཡཱཎྜསྶ༅ ༑ ། ། ། 2 སྱཱ 2 |:}

lb.

金山萍!

28

Banansa' (bride's)

燕山香蕉

8

Carambala

Per set 9

A

18,

ib.

Coconuts

15 18

Lemons, China

#5. #

15. 12

18

each 15

10

Lemons (American)

each 13

"

Jb.

30 24

29

Oranges (Canton) Oranges ......

10

11

16

ΤΟ

•Pears (Canton)......

*

14

++

25

F

Peanuts....

#

4.

15

"10

W per set 85

70

Persimmons, Larga #C

14

12

19

Heart .....

each 12

7

Plantain

Kidneys

159

12---10

*

#

8

8

"

11

Liver

41

45

25

Pumele, Siam

邐聚柚each (16

12

#

fb.

22

Walnuts

#16.

20

#4 #

18

*

Grapes

55

28

22

20

Sausages

牛仔服

No. 1'.

Fish.

30

Loin

Fat or Lard ·

A small decrease in the number of unemployed during August is reported this week. There is also an increase compared with the pre- vious week in the output of soft coal, which is a reflection of the industrial demand, Another indica-Sheep's Head & Feet.. tion of Improvement is that the production reported by the National Electric Association is slightly above) that of the preceding week.

Sucking Pigs, to order Buet, Boef

The forthcoming September 1 re- view of the Federal Reserve Bank M of New York will point out that for Veel July, 1930, business in this Federal Reserve district declined, contrasted with July, 1929, 3 per cent. in chain store sales, 8.4 in departmennt atore sales and 24 per cent. in wholesale Barbel business. Chain and dopartment Bream

Mutton

Fish

$ * B

stores include new units in the index Canton Fresh Water HERUK figure; wholesalo business, there- fore, more accurately reflects exist-carp ing conditions.

Catfish

Level Above That of June, Codesh Nevertheless, so far signs of im-Crabs

provement in general trade are very tattle Fich slight. "Nothing." in fact, as one Dab Wall Street' banker puts it, "that Dace will blow off your hat." This bank Dor Fish er voices the growing sentiment in Tela, Conger his belief that the worst has been. experienced and that a slow im provement is ahead.

#

Fresh Water

Yellow

Froge Discussing the situation, and out-

Garoupa look with me, this banker said: "The

Gudgeon low average price of stocks last

Herrings November was not reached this June, and the low level touched last Halibut July and Auguac is still above that Labrus of June Jow. Pretty much all the Loach summer the average stock market Lobsters price has been bumping around bot. Mackerel tom, but yet keeping above the Monk Fish

Mallet June low level.

"A customer's män of one of the Oysters largest Wall Street stock exchange Parrot Fish houses tells me that there are a fereb surprising number of people, includ. Pike ing women, who have alther saved Plaice something out of the stock market Pomfret, White wreck or who have since acquired Pemfret, Black stock market working, capital, and Prawns who are now short of stocks, wheat, Ray corn, cotton and even spare ribs. Rock Fish He says a woman with a sufficient Roach smattering of economics to make her almon

Skate Shrimps

Trustee and Executorships under- bollave she knows more than she Shark?.

really does came to him asking for the name of some industrial com Snapper pany using corn. He named one, Soles and against his protest the woman wont short of stock of that com- pany,

-INTEREST allowed on Current Accounts and Pited Depolis ni Ralon, the may be ascertained

F. THOROUGOOD,. on application.

Acting Manager. 7. Queen's Road Central.

Hong Kong. 10th Avel, 1986.

THE BANK OF TAIWAN, LTD.

·(TAIWAN' GINKO:).

HEAD OFFICE:-Talpah, Formosa. Incorporated by Special: Imperial :

Charter, -1899.

Bank Moton Loued avarage must, 45,000,00

Aing,

Central Bank In Faritoon. BEANCHES AND AGENCIES JAPAN 12 K-Tokohama :: Kõbu, Qmiz. FORMOSA Gira, a Kagi, Karenko,

Makong Stato, shinshi Telche, Talhan, Takao, Tamaul, Tom, alto, Tata, CHINA-goghet, Hankowy Amos, Foochow OTHER: Bingapore, Sourabaya,

Tench Turbot...

..

Furtles small, fr. water

Now a very large outstanding. | short interest of that type can be stampeded easily if even only a

尾肚 水 @÷### * #204789A0E-LAVARACETÜSSSVIKUS& SCREENSHO KEZEKEPOSENSIANAHREPHUSEYNSTÄBEGERN

#

addan

#

2. ཀ ཎ རྟ ན ཌརྒྱུ ༴ ན བྷཱུ འ 'ར ན

*-**--*89*8*9**98***

08

*****

Vegetables, &c.

· Bean Spront

Artichokes

Bitter Squash

Brinjals, Green

Red

lb.

46

24

"J

Годе

32

16

Best Rogt

32 ---

83 18

14

B2

10

27

83 12 9

32 20

26

23

35 1627

·16

10

25 10 8

82

18

Chillies, Dried

80 10 8

Red

56

24

Green

04

82

25

26

40.. 30

Cocumbers

28

32 19

Gaelle

28

13: 23

28

18 16

Old

50 152 13

48 62

24

Indian, Corn

32' $2

21.

-Lettuce

34

20. 20

84

18

30 12 2

20

14 -

9

24-1--30

15

2016 D

Green

$2

38.20

42

83 80-

· Parsley

86 86 46

moderate seasonal improvement in institutions and firms in quietly: general trade is ahead, but the accumulating stocks during the past running in of light-waisted short month or so. This bank is what Interest does not necessarily form most other banks in the country the basis of a bull stock market. try to be. With short covering there must be good buying of long stock to bring about any sustained upward price movement in stocks.

- One of the Dangers--

"Personally I do not know how, Loodday New Zack. Daar when or where the news will show a real turn for the better in general

• Bazarenka Batavia, Bombey, Galeniia,

LONDON BANKENST

* Wa also handle the issue of Bonds The Landon County Welter and Part's Dank, and other Public Fonds of the Chi

· The 'Bhole Si Caziebond esa fovernment both at home and abroad.

-BHOU J. CHENDER

KONG HORO

Hong Kong, 5th March 1980. Hong Kong, 19h Janber

the pefacly

THE BANK OF EAST ASIA LTD.

Established 1918

HEAD OFFICE

10 Des Voeux Road, Central

Burpl

HONG KONGE

BANKER'S DEATH.

Philadelphia, Yesterday.

Bata has occurred

trade. I do feel that some time Colonel James Addison Logan, a between the beginning and the end member of the banking firm of of 1981 we will be back to something Dillon Read and Company, and the like normal. And by normal I mean principal-angistant to Mr. Hoover Somewhere between the high of last in his rollet operations In Europe year and the low of this year that after the Arinistice —— Reuter's

to say, that production and con American Service. Bumption will balance.

Cam

Ing my friends la

James Addison Logan was born In 1880, and during

uch is no

States: immediate look ahead, soldier.

la capt

War entered the United 1898,8h private he had become

Dir

War during the first three yea

American Miller

WAS

that

Afte

50 10 14

18 1014

27 18

18

80 22 10

48 88-80

18 8 10

18 10 10

26 82 80 38 28 28

22 28

80

23: 85

80

13 12

95

40

W

sach 12

Б Ib.

14

В

10

8

24

each

# lb.

8

5

*A*

10

10

街花:

1|||ཥྭ⌘ ། ༅ །༞ །སྱཱ ། ། ༄ ༅ །

Cabbage, Chinese ...

(Shanghai)

Cine Shoots, bunch..

Caulifower (Large) .. ★i

(Medium) #MESİ

畑梛榮花

CATTOLS

(Small)

Celary, Chineza

Carry Stuff, English..

Ginger, Young

Horseradish, Shanghal

Water Chestnuts ..............

辣椒干 紅辣椒

RAHE

Mushrooms, Fresh...## Okcross Onions, Bombay

25 #

26 5

-10 10 10

10 -

8

12

10 B

В &

10

'6

18

*7

16 10

40 8

20

12

8 45

в

1

18

Mandarin. #MB

12

45

141

# #

8

60

60

Shangbai

Potato, Sweet

Pumpkin

Endish

Japanes

Argartena

金山薯仔

紅菌仔

Rhubarb (Fresh)

Shallots.

Spinach

Tomatoes

-Tarōs

Turnirs, Panti (Long) Vegetablo MarrOW Water Cressummeken Water Lily Root

GET Freres

PIPPERMINT

The Queen

emelenthe

* digestiu Lakan neve The most refreshing

long drink when Laken with? Soda Water

• Fastilled at ReVEL: (HIS

by GET EX

SYDNEY STOCKS.

1798

Yesterday considerably

and showed a mark free buying of in

bus

9

UNCLAIMED TELEGRAMS.

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

The following unclaimed tele- grams are lying at the office of the Great Northern Telegraph Den- Company (Limited) of mark

Tong Yung-lee, China Commer cial Co., China - Building, from Shanghai. Est

Tokuwa, from Hakodate.

Sanwake, from Hakodate.

Silver from Kobe.

G. P. Broadloom, from Bradford..

F. V. JENSEN,

Superintendent. Hong Kong, October 22, 1980

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

unclaimed

Rice Hot

bayi

Juzukisus, from

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