1926-01-19 — Page 9

THE RUBBER PROBLEM,

AMERICAN HOPES OF SOLUTION.

the

Washington, Jan. 18. Mr. Hoover, giving evidence! before the Rabber Investigation Committee of Congress, opined that! Americans were "well on the way" to a solution of the rubber problem without Government gid. He thought relief would be brought about by action Aimilar to that of the American Motor Rubber Com pany which is contemplating de-

Ceylon, Anite projects in Dutch Indies and the Philippines.

Mr. Hoover stated that the Ad- 'ministration had advised against direct loans by American banking and houses. The British rubber Brazilian coffer intercata had ground for the financial streng-

such interests thening of operale against. American con- Bumers, Mr. Hoover submitted definite" proposals, including the authorisation of federal conserva tion and control in emergencies; also provisions for joint buying of commodities at present under foreign control.Renter's. Ameri- can Service.

TOURIST SHIP.

"BELGENLAND" BUE ON'

THURSDAY.

to

The ss. Belgenland, which is cruising the world under the buspices of the Red Star Line, in co-operation with the American Express Company, is due in Hongkong on Thursday from Shanghai, She will stay in port for five days...

Among the 400 passengers or the

big

liner are many notables, Some of those best known to British readers are Lady Emmeline Baker, the widow of an English High Court Judge, Capt. William Wyndham, for several years British Consul in Boston. Mr. B. A. McAfee, former British war correspondent, and Mr. Dale! Collins, author and play-wright.

*

FRENCH TAXES.

AS AMENDMENT ACCERTED,

6 París, Jan, 18. M. Darine, member of the minority in the Committed of Finance, informed M. Doumer of his intention to take up again the article in the Government propos sal relating to the tax on com-

with mercial transactions, amendment indicating its tum porary character according to the wish of the members of the Left Radical Socialist. M. Dou mer approved.

HOM

The Committee adopted the articles of the Cartellists regard- ing bearer shares which within three months promulgation of the law must be converted nominative shares,—Indopacifi.

10

SHARE PRICES.

TO-DAY'S QUOTATIONS. The following is the list of local share quotations issued to-day- Banks,

Hongkong. $1,065 ea. Chartered, 2217 n. - Mercantile A. und B., £29) Mercantile C., £13) n. P. and O., £9) 11. East Asia,

Marine Ins.

Canton Ins...$590 b.

n

THE HONGKONG TELEGRAPH,

HONGKONG AND SHANGHAI

BANKING CORPORATION,

· HEAD OFFICE; HONGKONG.

Authorised Capital

Innued and Fully Paid-up

Reserve Fond. Sterling -

Biltor -

- $60,000 000

$20,000.090 |

€ 4,400.000

SES 800.000

$20,000.00

Reserve Liability of-Propelstore

COURT OF DIRECTORS:

G. M. Young, Eng., Chairma

TUESDAY, JANUARY 19, 1928.

BANKS.

INTERNATIONAL BANKING CORPORATION.

(Owned by the National City Bank of New York).

Capital & Borpius V.8. $10,000,000 HEAD OFFICE:

60, Wall Street, New Tick.

LONDON OFFICE

HP. White, Beg. Deputy Chairman Barcelora D.G.M. Darnard, Esq Hon. Mr. A.O. Lang Batavia W.H. Bell, Eart, W. I Pattonden, Eg Bombay China Underwriters, $2.25 m. A.H. Compton, Eag. J.A. Plummer, Esq. Calcutta North Chinu. Tls. 145 n.

Unions, $253 b.

Yangtze, $35 b.

Fire Ins.

China Firos, $165 b. Hongkong Fire, $600

3.

Shipping.

K.

b.

Douglases, $33 Steamboats, $24 Tugs, $44 n. Indo-Chinas, $38 n. Shell Trans., 97. n. Star Ferries, $60 F. Waterboats, $10 b Oriental Nav., $250 n.

Refineries. China Sugars, $31 -. Malulons, $48

n.

Mining

Benguets, $1.90' n.

Kailans, 45. n.

Langkats, Tls, 32 s.

S'hai Explorations, Tls. 5.45 Shanghai Loans, is 8 n. Raubs, $5.80. Tronohs, 55/- n. Ural Caspians, 8/- 1.

Docks, etc.

n.

Hou.Mr.P.H.Holyoak T. G. Weall, eq.

A. H. Barlow, Esq.

- 36 Bishopsgate, B.C.

Canton

Oabu

Chief Manager-

Colon

Dairen

Manager: Shanghal-G. H. Stitt, Esq.

Haukow

Harbin Hongkong

Kobe

BRANCHES :

Madrid

35anila

Osaka,

Pabama Peking

Rangiano, Cal. 580 Shanghay Bingapore

Tientsin

Tokio Yokohama'

Commercial and Travellers' Letters off

་

THE P. & O. BANKING CORPORATION, LTD.

(lucorporated in England 1920) With which is affiliated THE ALLAHABAD BANK, LTD. INDIA, Authorised Capital

£6,000,000 Babaoribed and Paid-op. 62,004,166 Estarva Fund ...............................♬ 160,00 HEAD OFFICE:

M

122, Leadenhall London 8.0. WEST LONDON BRANCH: 14-16, Cookspur Street, London 8.W.1.

EASTERN BRANCHES N Bombay, Oalentin, Karachi, Madras, Colombo, Singapore, Hongkong, Canton and Bhanghai, The Corporation andurtaka General Banking and Exchange Business of every description and is addition to its Branchoe bas Agencies in all the principal cities of the world.

L. E. HOPKINS,

Manager.

.

رنیه

LONDON BANKERS: WESTMINSTER BANK LTD. CURRENT ACCOUNTS open- od" in LOCAL CURRENCY and Credit, Hills of Exchange and Cable 22, Des Voeux Road Central, Hongkong

Current FIXED DEPOSITS received for Transtars bought and sold. one year or shorter perioda in accounts and Savings Bank accounts Local Currency and Sterling on foreign surrencies taken at rates that may opened and Fixed Deposits in local and terms which will be quoted on application.

Hongkong, 21st. Feb., 1924.

HONGKONG SAVINGS BANK.

The Business of the above Bank la conducted by the HONGKONG AND SHANGHAI BANKING DORPORA TION. Rules may be obtained on application.

INTEREST on Deposits is calculated] or the lowest balance during nach oom- ploter Calendar Month at 3 per cent perf annum. Should there be no balance on any day in a month no interest will be allowed for that month.

Depositors may transfer at their option Balance of $100 or more to the HONG KONG AND SHANGHAI BANK to be places on FIXED DEPOSIT at CUR RENT RATES,

For the Hongkong and Shanghai Bank- ing Corporation. 7.

A. H. BARLOW,

Chief "Manager, Hongkong, 7th, January 1925,

Kowloon Wharves, $130 Whampoa Docks, $571 b. Hongkows, Tis. 165 n. New Engineerings. Tis. 7 b. Shanghai Docks, Tls. 114 n.

Lands, Hotels, etc.

H. and S. Hotels, $8 sa. H.K. Lands, $64 s. Realtys, $5

n.

Territorials, 36 b. Humphreys, $137 Princes Bldgs, $150 n. Rural Lands, $7 s.

Cottons.

5.

Ewos, Ts. 10 Orientals, Tis. 3 r. S'hai Cottons, Tis, 60 s.

Miscellaneous, Amusements, $10.50 h Canton fees, 7 n. Cements, $15.50 m. China Buses, Tis: 10 b China Lights, $14 s. Chinu Prov.,. $8 s. Constructions, $2.25 b. Dairy Farms, $17. Der A. Wig. 810 m. Electrics, $524

Macao Electrics, $40 n. Developments, 30 cents, b.. Ropes, $40.

Tramways, $224 sa. Lane Crawfords, $127 Mackintosh, $213 n.. Peak Trams, $16 h. Sinceres, $11 N. Taxis, 54 H. United Asbestos, $20 n. Watsons Old, $12 b. Watsons (New), $12! . b. Powells, $12

1.

U.S. AND WORLD COURT. LESS UNEMPLOYMENT.

SENATOR BORAJI'S

OBJECTIONS.

Washington, Jan, 18.

A

ENCOURAGING HOME FIGURES.

London. Jan. 8. A detailed

It

In the Senate, Senator Borah analysis of the course of unem- made another of his attacks on the ployment from July, 1923, to proposal of the United States to October, 1925, luas been propared Join the World Court, and suggest by the Ministry of Labour.

ed that the February 16 vote should shows a rapid improvement in the be taken on resolution of position between January und America's adherence, but this is Juno, 1924, and its subsequent, too distant to suit most of those though more gradual, decline, with| in favour of the proposal. The spasmodic improvements up to a situation is becoming dificult' for peak of 1,380,000 unemployed in. the opponents of the Word. Court. Angust, 1925.

THE BANK OF CANTON LTD. Head Office Hongkong. Established 1912.

Authorised Capit...

€1,200,000 Paid Up Capital....................... ...£1,078,000 Saver Reserve Fund

700,000 BLANCHES- Canton, Shanghai Hankow, Swaton, Bangkok, New York and San Francisco.

CORRESPONDENTS in all principal citics of the World.

be ascertained on application to the Bank.

ORIENTAL COMMERCIAL

BANK. LTD,

HEAD

OFFICE:

We are also able to offer our Customers 50 Des Voeux Road Central, Hongkong. the services of Branches of the Nationa Olty Bank of New York in the principal countrion of South America and in the West Indies.

G. HOGG,

Manager.

9 Queen's Road Central, Hongkong.

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

(Incorporated by Royal Charter 1863.)|

Paid-up Capital,

Reserve Fund

93,000,000 .£4,000,000

Reserve Liability of Proprietors£3,000,000 Foreign Exchange and General Banking business transacted.

Current Accounts opened and Fixed Deposita received for 1 year or shorter periode at rates which will be quoted on application."

A. H. FERGUSON, Manager.

BANQUE DE L'INDO-CHINK

HEAD OFFICE: 96, Boulevard Hausmann, Parts. Subscribed Capital... Fr., 72,000,000.00 .Frs. 69,400,000.00 Paid Capital ................ Reserves Fund .Fr. 50,667,283,54

Pondicherry Saigon Shanghai

LONDON BANKERS-The Lloyds Bank Ltd.

Bankok Battambang Canton Djibouti

BRANCHES

Hanoi Hongkong

Mongtae Noumea

Forthayard

Paposti

Tianlain

Haiphong Hankow

Peking Phom-Penh

Every description of Banking business transpeted.

Deposit Boxes to it.

LOOK POONG SHAN, Chiel Manager,

THE FANE CF (FINA.

Specially authorized by Presidential Bandate of the Republic of China on the 22nd of November, 1917.)

Authorized Capital... .$60,000,000.001. Paid-up Capital ... .......$18,278,600.00 Reservo Funda$ 9,699,426.24

'HEAD OFFICE PEKING.

HONGKONG BRANCHES :

4, Queen's Road Central. Branches and Sub-branches all over China and correspondents in Europe, America and other parts of the World.

LONDON BANKERS-The National Provincia) and Cnion Bank of England 'Ltd.

BANKERS:

Hingapure

Tourane Yunaniou

BRANCHES BANGKOK-

SHANGHAI.

Correspondents:- Loadou, West- minster Back, Ltd, Now York: National City Bank; San Francisco: Union Trust Co. of San Franolson; Canton Bank. Authorised Capital35 000 000 : Paid Up Capital......................................1 600,000.] /

Modern banking in all its branobes Current accounts auvinga accounte and fixed deposits solicited. Loans granted on approved secreity.

Overseas banking a speciality. INTEREST-Current accounts 2 per gent savings par cans, Fized Depoalla. 3 months 4 per cent, 6 months 334 por cont, one year 6 per cent,

Safe Deposita, Boxes for Rent, Our Vaults safeguarded by time.. clocks and double combinations

·Remour plate steel doors.

J. Y. LUM,

Manager,

Surplus....

THE HO HONG BANK, LTD. (Established' 1917.) CAPITAL: |Authorlssä Capital ..............$20,000,0v.

Isered

.8,000,000 Paid-up

4,000,000 Rocervo llabilities of

Shareholders

4,000,000 825,000

HEAD OFFICE :-8INGAPORE. Branches, Ageneles and Correspondouts in the principal cities of the world

Every description of Banking and Exchange business transacted.

In FRANCE:Comptoir National Credit Paris; d'Escompte de

Di

In LONDON The National Fro Tincial and Union Bank of England, Ltd, Comptoir National d'Escompte de Paris, Credit Lyonnais.

H.L. HUANG

Manaver.

THE YOKOHAMA SPECIE BANK LTD.

Established 1830.

Reserve fund............

Batavia Bombay

Lyonnait; Banque de Paris et des Capital (fully paid up).....Y. 100,000,000 Y. 83,600,000 Pays-Bay Credit Industrial

HEADOFFICE :—YOKOHAMA. Commercial Societe Genaral.

Branches and Agencies at

Robo

Somarang London Boerebaya

Bangoon

Seattle. Nagasaki Bhanghai Nagoya Singapore.. Newchwang Shimononok Овдуа Sydney

Calcutta Los Angeles San Francisco

In NEW YORK-J. P. Murgan & Co. Buenos Ayres. Lyons Inteross allowed on Current Accounts Canton and Fixed Deposits sccording to arrange Changchun

Dairen

ment.

Every aescription of banking and exchange business transacted.

Manila

New York Tiontain

(Dainy) Fangtion

A. LECOT..

Mukden

Sianager.

Hamburg

Poking

Haukow

Rio de

Honolutu Harbin ASIA Kai Yuen

Janeiro

Karachi

Baigon.

The Quaranty Trust Company of Now THE BANK OF EAST

York.

NEW TORE BRANCHES :-The

Irving National Banks, The Equitable Trust Company of New York.

Interest allowed on Current Aor-unta and Fixed Deposits. Terms on applica tion,

Every description of Banking business transected.

Loans granted on approved securities. Hancial facilities for Home Exchange.

TAU YEL PEI,

Manager.

·行銀商工法中 BANQUE FRANCO-CHINOISE

pour le Commerce et L'Industrie (Incorporated in France).

5, Chater Road, Victoria, Hongkong.

HEAD OFFICE:

74, Rue St. Lazare, Pariz.

Frs 20,000,000. s.11.160,000.

Capital Special Working Capital Fre.50.000.000.

as the Tax Reduction Bill is the The present decline in unom Roserver only other measure pending before ployment, which has boen in pro- the Senate.

gress for the last four months 'und! The House of Representatives, by is being maintained. is taking. 359 votes to 1, has carried a re-place during a period of the year solution, appropriating 50,000, in which a corresponding increase dollars for the expenses of Ameri-of unemployment was occuring a can representation at the preli- your ago. minary disarmament discussions nt! Geneva-Reuters American Ser-

vice.

The close resemblance between the unemployment curve for the coal mining industry and that for all other industries, illustrates the influence which the depression in| FRANCE AND RUSSIA. the mining industry has had upon the general situation. The coal mining industry, of course, has

Moscow, Jan. 18.

M. Trotsky hus published an had the largest, percentage of article in the Pravda on the come unemployment, namoly, 20 per ing Franco-Russian negotiations, putting in the fret plane the quicscent, while in the staplo manu- tion of long term commercial facturing groups it is 15 per cent. credits-fudopacifi.

-British wireless."

BRANCHES

Paris, Lyons, Marseille Saigon, Haiphong, liann Palting, Shanghai, Tientsin Canton, Hongkong.

BANKERS

FRANCE:-Societe General Banggo

Nationale

LIMITED.

HEAD OFFICE-HONGKONG.

Authorised Capital Paid-up Capital Roserve Fund-

DIRECTORS

$10,000,000

5,000,000

1,000 000

Hon. Sir Shou-Son Chow-Chairman Fung Ping Shan

Li Koon Chun P. K. Kwok

Ng Ching Luk Pong Wai Ting

Mok Ohing Kong

Wong Yun Tong Huyuh Tai

Kan Yan Po

Chan Ching Shok

Every description of Boaking and Exchange business transacted-Loans granted on approved securities.

*

BATE DEPOSIT BOXES to let.

KAN OTONG PO Obiet Manager.

NEDERLANDSCHE HANDEL

MAATSCHAPPIJ., (Netherlands Trading Society). BANK.

Tokyo Triniantu

Thington Vladivostock

Interest allowed on Current Accounts. Deposits received for fixed periods at raton to be obtained on application.

... Mr. C. ARIMA,

Managor. Hongkong, March 11th 1925.

T. NAKAO Japanese Shoe Expert. TORTOISE SHELL BOXES and OASES A SPECIALITY

Astor House Hotel Building, Queen's Road Central,

CHINESE OPTICAL CO.

Refractlog and Manufacturing

Crookes Glasses

Kryptok (Invisible)

Bifocals.

Toric Lenies.

Sun Glasses,

67, Queen's Road, Central.

GREEN ISLAND CEMENT

CO., LTD.

PORTLAND CEMENT

In Casks of 375 lbs, net. In Bags of 250 lbs. net.

(HEWAN. TOMES & CO. General Manager 8.

Hongkong.

METALS

at all kinds especially fo.. ship-building and engineer ing work, Complete stock. Beat, Terma. Immediate. delivery,

SINGON & CO..

(ESTABLISHED A.D. 1880] HING LUNG ST. Phone-

"Central 515

The Empress Store

58, Nathan Road, Kewloon,

Under English Management '' Orders for Winos, Liquors, Provisions. Fresh Fruit and Vegetables, etc.

Promptly executed at. com petitive prices,

AUCTIONEERING & BROKERING CO., LTD.

Proprioters.

Mrs. SEKAI MASSAGE

Tel. No. C. 4483, Znd. foc No. 2, Duddell Street, Hongk

By Special arrangement with the Committee of the Royal Hong- Long Got Club, we have been en- abled to publish an excellent book of views of

HONGKONG'S

GOLF COURSES

Call and inspect these at the

MEE CHEUNG

ESTABLISHMENTS

Studio:-Ice House Street 1st. Branch: Beaconsfield Arcade 2nd. Branch: Main Corridor of Hongkong Hotel.

Official Photographers to the "Hongkong Telegraph "

MASSAGE HALL Mrs. S. UZUNOYE, Expert Masseuse;

37, Queens Road. Central

Zad. Floor.

Mrs. MOTONO

ITALIT

Gold Medal Asbestos Corrugated and Flat Sheets.

The only manufacture of its kind which has secured a gold medal.

STOCKS CARRIED

SHEWAN, TOMES & Co,

Import Department.

Sole Agents,

(W

WESTINGHOUSE

· ELECTRIC

Holyoak Massey, & Co., Lta.

Distributors.

Queen', Bids.

Tel. C,571,

"For the Blood is the life"

Sufferers

from

Shaopsang Nicera Eesema, ON Bruger and fragtkaj. Gent, Mahkamnitih, vihen replay, then fis only was wir to comply and andina enfiat is to thon ga hool st palaceOWN MARÍA matter, tens conso of such topsis

istors containa Inaredimia

which soon over- Dama depild the impurities,

Invidung conga stand * to let pradh,

Fimaant to take.

Of all Chasta and Stores.

Refuse Substitutan.

Clarke's Blood Mixture

"Everybody's

Blood Purifier.**

Our Portrait la of Mr. E. F. WHEELER, of 22, Regent Street, Balby, Doncaster, England, who, writes

About two years ago I had a nasty wind break out in my big toe. I d it attended to for about three mont but during that time it had spread to all the toes, with the result that I had to undergo an operation, but with no avail. Then, after another operation, as it did world not get any better, I thought I

isial give your Clarka's Blood Mistera'n After taking the first three bottles I could walk better, and now after, having ide battles the wound has quits braled, and I am pleased to say I have not toea any sign of it breaking out since."

Sufferers from Bad Legs, Abacuse Viccra,

alancular

アム

Swollage Esensa. Bella, Pimpian, Cruptione, hetimet m Gout should realise that lolens and outout san bar civa temporary relielo be of Complete aort lasting boneft, the blood must be thoroughly chanted of the pure wate

of ich troubles. Clarke'r

ור

The true sacks, avarcotius, and cxvgle.

Mixtu

tho Impurities, that is why so many rooms kable recoveries stand tote credit. Pit usanz 1ɔ luke, and free from injurious ingredients

Of all Dealers-sss that you ge

(£12,500,000) FOR ATTENTION OF MASTERS Hand and Electric Clarke's Blood Mixture

Established 1024 Hongkong Branch established 1905. Authorized Capital Quilders...160,000,000 Paid-up Capital d'oilders. Reserve Fund Guilders Apecial Reserves Guilders

80,000,000 (6,666,670) 07 NORTH-ROUND STEAMERS.

20,536,861 (0·1,711,405) 22,660,000

de Credit, Banque de HEAD OFFICE-AMSTERDAM Paris-ot des Pays Has.

Eastera HEAD OFFICE-BATAVIA LONDON-Midiand Bank Lid, NEW YORK-Irving Bank, Columbi Trust Co.

MASSAGE

MASSAGE HALL

28 WYNDHAM STREET

MRS. H. MORITA.

8. during the North-East No. 31, 2nd. Floor Wyndham

Hongkong. (£1,868,330) Monsoon there is always

possiblity of North-bound steam. ors running short OF BUNKEE BRANCHEB :--

COAL, this is to inform you the TAIT & CO., AMOY, (a well- Bandjarmasin Kuts-Radja Rotterdam Bandoong Maconaar Samarang

protected port with good anchor Every description of Banking and Bombay Modan Shanghai

age) have stooks of GOOI Singapors

JAPANESE BUNKER COAL pondents throughout the world.

Cheribon

AT REASONABLE PRICES. Djember Pocatongan Soarakarta,50

Tegal Djokjakarta Pouang

Wireless messagos via Hong Pontianak Tilatjag and Kobo

tang or Formosa are re-trane- The Hague Rangoon Weltevreden mitted by the Great Northerr London Bankers-National Provincial Telegraph Co. and wire t Baok, Ltd.

"TAIT" or "COALBUNKER' MOY, will receive their promy attention.

Exchange Business Transacted. Corre Calcutta Palembang Soerabais

A. ROLLIN,

Manager

Mrs. J. CRAWFORD, Massage Hall No. 14. Zetland · Strant.

Correspondents all over the world. BANKING BUSINESS OF EVERY DESCRIPTION...

M. J. HERBSCHLEB,

Agent,

ondeBentley's Complete- Phrass Condensed.}

MASSAGE

Mr, N. AKAJI, Mrs, BATAIL Graduate of Tokyo Mange School No. 22, 2nd, Kloer, WYNDHAM ST. HONGKONG. TEL. 04:05

"Everybody's Biéód Purikerh

There who den! with us may be Inssured of the following advantages

AIR PRICES RESH STOCK INE QUALITY AITHFUL SERVICES

TABAQUERIA FILIPINA I