Page
HONGKONG & SHANGHAI THE BANK OF EAST ASIA,
BANKING CORPORATION.
HEAD OFFICE: HONGKONG. AUTHORISED CAPITAL..... $58,000,000 ISSUED AND FULLY PAID UP $20,000,000
***RESERVE FUNDS —
STERLING... £4,000,000 SILVER...... $25,500,000 RESERVE LIABILITY OF
PROPRIETORS..savner,
$20,000,000
COURT OF DIRECTORS W. L. Pattonden, Bag --Chairman. H.P. White, Ea-Dopaty Chairman,
A... Lang. Enj
B. D. F. Felly Eq.
W. E. Boll, F. —
1. A. Plammer. E
A. H. Compton, E.
T. G. Weall, Ed,
Hon. Mr. P.H.Holyoak, M. Young, Esq.-
Chief Manager:
A. H. BARLOW, Esq. Manager: Shanghai-G;H. STITT; Esq.
LIMITED.
HEAD OFFICH :-.
No. 10, Des Voeur Road, Dentral.. Established 1919.
AUTHORISED CAPITAL, PADD-OF CAPITAL, BMESTE FUXD...
$10,000,000,00
$5,000,000,00
$750,000,00
Every description of Banking and Rychange Derved moçarities.
THE CHINA MAIL.
COMMERCE AND FINANCE.
SHANGHAI TRADE.
SHORTAGE OF IMPORTS. IN INTERIOR.
Shanghai, November 30:-The beanca inginered. Loans konated on Aweek's operations in exchange Internet allowed on Cerron's Depot can have been, from the speculative At the rig of Two root, per ate on Baying Aseckata Fust per quet, par neaug, and on Fidpoint of view, somewhat of a Dapomika attāe following kaZON JA
For months at the rate of 3% per annum For mostbeat the vaša ni 4X YAN MADIM. ' For 12 months at the rate of &% per annum,
mixed character. The Chinese gamblers have bought and sold, and, on the whole position is the practically unchanged from KAN TONG PO
Chit Manager previous week The sterling value.
of the tack during the week touch ed 3/3, the lowest si ce August, but
+ rallied again.
Hongkong, March 6th 1923.
NEDERLANDSCHE HANDEL MAATSCHAPPIJ.
(NETHERLANDI TRADING SOCEST)
"BANK.
London Bankers: Westminster Bank, Ltd. CURRENT ACCOUNTS opened in LOCAL CURRENCY and · FIXED; DEPOSITS received for one year cr aborter periods in Local Currency and Sterling on terms which will be quoted on application.
Hongkong, 25th November. 1924...
HONGKONG SAVINGS BANK.
TE
ESTANCARED. 1824, HONGKONG BRANOX ESTARLIKI 1908,
Authorised Capital G. 150,000,000 £1,600,000 Paid-Up Capital... 80,000,000 £8,630,570 Reserva Fund G. 20,045,032 £ 1,870,419 Special Reserves...G. 2,660,000 £7,893,9se
E business of the above Bank in conducted by the HONGKONG AND SHANGHAT BANKING CORD PORATION. Rules may be obtained on application.
INTEREST on deposite in allowed on the minimum monthly balsuous at 31 PER CENT. por annire,"
For the RoxoXENT & SHANGHAJ
BAG ConFORATION,
1. H. BARLOW,
Hongkong, May 5, 1924.
-Chief Manager.
THE CHARTERED BANK O INDIA, AUSTRALIA & CHINA
INCORPORATED BY ROYAL Charthi.
1963,
HEAD OFFICE LONDON,
th
`Paid-up Capital
Betere Fund.
Beveren. Labilty of
23,000,000
sína £3,000,00
£2,000,000
Proprigtom. Tamancomtat
1)
FOREIGN EXCHANGE General Banking barium, transscieć,
CURRENT ACCOUNTS opened and FIXED DEPOSITS received to 1 your or shorter periods ás rates which will ho quoted on application.
A. H. FERGUSON,
Manager.
Kongtong, May 1, 1990.
BANQUE DE L'INDO-CHIN
HEAD OFFICE :
96, Equieran Hausmano, Feria. Subscribel Capital. F. 72,000,000.00 Paid-up Cap? .. Fr. 68,400,000,00 Reserve Funds ...Fr. 59,667,288,64 BRANCHES Hongkong Mangtwe
Bangkök
Battambang
Nonines
Cantoa Djibouti
Baiphong
Paporte Peking
Paum-Penh
Hankow
Hanoi
Poodleberry BANKERS:
Balgra
Shangha
Fingapore
Tour Lo
Tlontain
IN FRANCE: Comptoir National d'Hecompt
HEAD OFFICE :-Amsterdam, EASTERN HEAD OFFICE :-Balaria, D
BRANCHES :-
Bombay Bandoeng Cherihon Djerbar The Hague Kobe
Banderasala
Chelautta Kota-Radja * Padang Penang Botterdam
Ringapore Tegal
Makarar Medan. Palembang Pecalongan," Pilanak Rangoon
Semarang Shangbal
Scerakarta (Bolo)
Weltevreden
Boerabaja Tjiljap
· LONDON BANKERS:- Nation Provincial Bank Ltd. Corresponent all over the world.
BANKING BUSINESS OF EVERY DESCRIPTION.
W, H. GROSKAMP,
Agent.
Hongkong, Novmaber 4, 1924, '
的公理管業實法中
SOCIETE "FRANCAISE DE GERANCE
33
DE LA BANQUE INDUSTRIELLE
DE CHINE
ETABLISSEMENT FRANCO
4.
[CHINOIS
(Incorporated la France)
13
6, Chater Roul Victoria, Hongkong. HEAD OFFICE: 74 Rue Bl. Laiam, Paris.
Bubscribed Capital fally
paid-upi
Fr. 10,000,000
Reserva Fund ***F. 10,800,000
Working and provided by THE BANQUE INDUSTRIELLE DE CHINE
Fr. 50,000,000,
BANKERS:
Japan. During the week tha Japanese bavers have been active in collecting supplies of rape seed, and quite a good trade was re- | corded in this product during the week.
U. S. AND CHINA.
* FORMER'S TRADE SHOWING
EXPANSION.
The commerce of the United States with China, says the Trade Recard of the National City Bask Commercial bills have continded of New York, has made remarkable strides within the past decade.. to come more and more on the Latest official reports show that local market and these found good United States exports to China in buyers among bankers, They were principally for export, com- the fiscal year ended with June, prising produce and some silk, 1924 were $124.436,000, against while there was also apparent a $24.628,000 in the fiscal year 1914 which immediately preceded the large quantity of import bills.
Silver dollars continue to go ont in the same volume as in previous weeks, namely, on the average of three-quarter to one million dollars
war.
a
of
Prior to the world war large share of the merchandise
China was imported by European "origin but her take TRANSPORTATION FACILITIES.
ings from the United States Business is still waiting on the increased rapidly as the war pro nutcome. of the political situation gressed, and United States exports An, improvement in trading acto that country advanced from tivity: is indicated as a result of $24,500,000 in the fiscal year pre- resumption of transportation ceding the opening of the world facilities in Central "and Northern war to $43.500,000 in 1918, the clos- China which is permitting a freer ing year of the war. The imports movement of produce through the from China in the past ten years are country, Normal railway trans- $1,217,000,000, against $315,850,000 portation should come.
soon in the ten years preceding the war. Stocks of goods in many parts of Tous United States trade with the interior are practically nil, China in the decade since the and opportunities for extensive beginning of the world war has trading are certain once calm exceeded $2,000,000,000, against settles on the face of the country. but $587,000,000 in the decade In several directions the business preceding the war. The principal world is suspending decisions on articles exported to China are operations until the settlement of wheat and flour, tobacco, Illuminat the outstanding pulitical troubles. ing oil, copper, cotton, cotton The view obtains among Chinese goods, automobiles. The principal that the present unrest will con- Imports from China are silk and tinue for some three months more. silk manufactures, tea, wool, hides, The solid gains made by yarn bristles, human hair, furs, eggs, during the past few weeks have, egg albumen, laces and Chinese served to introduce heart into the nut oil, cotton and yarn markets with fair increase in the values of the raw material.There is a discernible and probably justified cooling from the irst flush of business optimism which was engendered wher General Ln threw up the sponge. The present position in the political world now becomes the text for sundry admonitions and counsels of moderate hope from bankers and economists. Business, as Capital and Trade" observes, stems indeed to be slowly improv. ing. The fact that the interior is bare of supplies and that upcountry marts are in urgent need of goods
Paris Societe Generale, Banque Nationals de Credit. Banque de Paris et des Pays-Bas. London: Midland Bank, Ltd," New York: Irving Bank Columbia Trust Co.might well enough be counted the
Every deseription of Banking & Exchange. Business transacted. Correspondents through out the world.
10th November 1924.
M, FITZ-HENRY,
Manager.
foundations for better business. This, however, is about as far as careful observers seem inclined to go, and it appears to be all that is justified, in the way, of present forecast. Underlying conditions are decidedly better. The vital question is whether we have ahead
de Paris; Credit Lyonnais, Banque de Paris THE BANK OF TAIWAN, LTD of us the beginning of a long and
den Pays-Bas; Credit Industrial i Commercial Boalete General.
IN LONDON: The Netional Provincini à Union Bank of England, Ltd.; Comptoir National d'Escompte da Parla; Credit Lyonnim
IN NEW YORK: J. P. Morgan & O., Freach American Banking Corporation; Guaranty Trust Co. of New York,
Interest allowed on Current Accounts und Pared Depolls sooneding to arrangement.
Every deafption of Banking and Exchange Business transacted.
"A LECOT,
Manager
Hongkong, March 20, 1924,
INDIA, LTD.
(Taiwan Ginko.)
Incorporated by Special Imperial Charber, 1999,
Deplia! Wafaacbad.... Tag 60,000,000 Capital (Paid-up). Yen 52,500,000 Boury Fund w... In 15,090,000
HEAD OFFICE! WAIPER, FORMOSA
'BRANCHES: JAPAN-Tokyo, Yokohama, Koby, Dasks,
"Mojl.
sustained improvement in trade or merely of a gentle advance with the likelihood of a pulling up again.
PIECE GOODS.
TIN RETURNS.
Kamunting Tin Dredging- Half month of November output (four dredges) 1,000 piculs, hours run (four dredges), 1,287, estimated realised value of ore $74,800.".
Figures of the mineral produce. of Indo-China in 1923 shows a good.. increase on that of 1922. Of vari ous grades of coal 1,056,921 „tons- were produced as against 989,813 In the previous year, 30,528 tons of zinc and lead against 21,091 tons, 677 of tin and tungsten against 708; phosphate of lime, 9.847. against 7,600; and sapphires, 4.888 carats against 4719 carats.
in
» EXCHANGE.
London- Hongkong, Dacomber 5, 1994.
.../4. Bank, Wire
"
ין
(la domand, ../~67/10
days' eight
months eight- Credits, 4 months' sight...3/6-1 Documentary 4 months' sight 2/5–8. Oo Paris-
On demand
On New York-
on Bombay--
On Calcutta-
Wire
SATURDAY, DECEMBER 6, 1924
-GREEN ISLAND CEMENT CO., LTD.
BEST PORTLAND CEMENT
SHEWAN, TOMES & Co.,
General Manger
"HONGKONG::
MOTOR
1000000000
TRUCKING
Our Fleet of Fast, New and Up-to-date Lorries assure you a rapid and efficient service at Minimum Rates
1-ton Speed Wagons- $4.50 per hour. 8-ton Lorries
@ $8.60 Waiting at Half Rates. ESTIMATES GIVEN ́
On demand...
1000 Oradite, 4 month' alght. 1190 inom.
**
Ou demand..
Credits. 80 days' sigha
Wiro FAL .
On demand...
157
On demand. On Singapore-
"On deriand-
157
1011
Phone Central, 1913
210
100
те по
14
On Hanila-
On demand... On Shanghai —
On demand...
30 days' sight (private paper) Ga Tokohama
On demand...
Gold Leaf, 100 Hao (per tool) 46.60 Sovereigns (Bank's buying rate) 8 24 Bilver (per or) -
SUBSIDIARY COINS. Hongkong 50 usate enb... £% poa.
15
par: tre 3pm. .967 %, dis.
10 T
Canton coins Bar Silver in Hongkong...11% pr. Chinese Copper Canh... Chinese Copper Cents... Rate of Native Interest, Chinees Bub. Coln Hongkong Bah. Coin - *** par.
LOCAL SHARE
Banks.
James.
ive 10. pm. 6pm.
...264% dis.
MARKET.
OFFICIAL QUOTATIONS.
B.9.B.C. T.T. selling rate
on London and on Shanghai Hongkong Banks 170 Chartered Bank
40
***
P. & O. Bank. *** East Asia Bank Marcantile Bank AB £281 b. do. C£12.
Marine Insurances
Canton Insurance,.. *** North China Insurance Unión Insurance Insurance Yanziara China Undirs
'873.0/8.
b...20
b. 884
II AN.
DECEMBER 5.
Stock Exchange
DECEMBER 5. Sharebrokers' Association.
2/4.38
9/4-3/8
***
$7 & a
London-£138 n.
b. 1170
...£0 b..
2 11 n.
D. 211
$90 b.
b. "
29
b. "O 12)
..-730 b.
b. 740
140 .
· 140
$970.
b. 161
$ 424 ss
B. 42
1.60 D.
b. 1.90
***
$180
.b.
685 b.
180 883
$59 %.
5.
$38) b. 20 c
b. 30 sa. 36
38 0.
B. 28
$111.
(H.K. Reg.)
111 m.
111
8416 b.
...
$117/8 s
b. 116-19a, 116
3-11 n.
b. 1 a 140
$255 b.
n. 265
Now Ebazo 885 n.
b. 86
# 41 д
.41
TO-D_
Far Easterns... Fire Insurances
Chins Fire Insurance Rongkong Fire Insuranco. shipping
Douglases... IN H.K. Etsambosta... Indo-Chinas (Pret. Ind
(Def.))
do.
do.
Shell Transports '***
Star Ferries
Hoogkong Tugs and Elghter
Oriental Nav. Co.
Refineries
China Sugar Malabon hugar Mining.
Mining Adm Langkatą. Shanghai Loans S'bai Explorations... Slagle Langkats
The piece goods section does not offer any new marked feature of interest. The position is indeed disappointing considering that the China New Year is approaching and the dealers have-not started-to-Kalan make their purchases. Trade is along the most cautious and con
entire absence of speculative bid- Making Kanto, Finan,"
at the Shinchiku, Talcon, Tainan, Takow, ding
weekly auctions. There has been a coa- Ware, Tohyan, Ako. UHINA--Shanghai, Hankow, Kinking, tinuance of enquiry for in
Asoy, Foodbow, Brator, Denton. dent business in grey and £3,000,000 OT1138-Bangkok, Hongkong, Ang white shirtings and fancies, and a port, Bourabaya, Samar certain amount of buying of these Bataria, Bombay, London, Kaw
and other goods. York,
THE MERCANTILE BANK OF FORMOSA-Giro, Kagi, Karinko, K-servative lines, and there is an
HEAD OFFICE:
· 16, Oracechurch Street, Lötsipa, E. 0.3
Authorised Capital
Hubcribed Capital
Reserve Fund
Paid-up Capital
141
HI
120
1,800,000 1,080,000 1,250,000
The Bank of Englaz & Midland Bank,” Lid,
Bangkok (alta
Batrin “MKOSK
Walubay Howrah Chiquita Kazdy Colombo Marketi
Redb
DANKERR:
RANCHES :
Kola Hoara
Kurs Lumpar Basscon Mulena
annagha New York
Singapore Part Bala (Mauritian)
Bourabaya
HONOKONG BRASCH,
Every description of Banking and Exchange bad.
K trobart' INTEREST allowed on Current Accounts at 1 rent per annum on Bally Balans sad an Fixed Ber poelle at rates that may be ascertained on appilation
7. Guren's Road Central, Dagos. October 1, 1928.
8,0. WILSON,
Madagas
THE YOKOHAMA SPECIF
BANK LTD.
DOVABLEED 1820.
Harman tially pati up) --- Tea 100,000,00 Bacesti Brra"
- 77,500,000
-Hmay Orviex —YOKOHAMA,
Bravo SXT Asamezno aja
Nowak TIME
Bombay
Васко Дуня
Balentin
Sangažma
Dairen (Daing)
Foughton (Mulden).
Hamburg
Heckos
Hodolala
Kai Tos
Kobe
-London
Los Angst
Montis
Magu
Nagoya
New York
Cathe
Poking
Bangoon Bio de Janeiro Balgon Back Translate Fondlin Zhangkal Shimanomen
Boursays Byday T Tokyo
„Esteriet allrwed on Dement Assosi
Deportie revolvið föl^land posiada'aa'zajer
· to'shakizut în sppilension.
·Hongkong, 17th-Ost.; 1994;
LONDON BANKZE::
London County Westminster and Farr's Back
The Bank has Cerrospandents in the Commerels] Centres in the European Continent, Fassi Man
charla Tringtao, Japan, Inild-Chinx, Binov,” India, Philippine füjanda, data, and Daten indias, Aut. ralla, Amerion, Afsion,
Interse Allowed on Current Account, and Pized Depositant rates which will be quoted on applica.
Z. YAMAMOTO,
Lion.
HONGKONG BRANCE,
Manager.
I, Die Forex Road Central. Hongkong, 5th June, 1994.
THE BANK OF CHINA.
行銀國
pasally Authorised by Prguldenia! Mandag of the Republlo of China on the tud of Movember, 1917), Authorland Capital 000,000,000,00 .... 38,778,000,00 Paid-up Capital Kerr Find # #,099,435,14
READ OFFION: WEKING).
HONGKONG BRANCH: QUEEN'S ROAD CENTRAL Branobes and Bab-branch
J
COTTON MILLS.
The situation in the cotton
market is fairly well maintained, and the textile mills report a fair turnover. It will be interesting to see what their balance sheets will show at the end of the year. In this respect reference is made.
the Ewo Colton Mills, and the Oriental Cotton Spinning Com pany. There has been a hardening of prices of these stocks, no doubt as a result of the better prices paid. for manufactured yarn, but it, must be remembered that cotton prices have also in the meantime gone up, neutralizing the effect. Never- theless, the mills are making a small profit on their sales, and if the political conditions clear up there should be a bigger demand for their products.
· AMERICAN FLOUR. !
In vain are the flour mills on the. Pacific Coast ports of the United States looking towards China for interest in American flour. Chinese over milled flour is considerably cheaper
China and Correspondants in Barops, than the Imported flour. The same Aryzion, and other parts of the world, London Rogers-Ehy Nailorad Provi
etal wed Union Bank of Engisad, Ind. The Guarnoly Kruni Company of New
York Banking - Why Irving Halloumi Back, The Zeniable Trust Company, if
and Tiina Deposits. Epema on applic
applies to wheat, the Chinese grain boing much cheaper than American. Hence, Chinese In terest' In American beat and flour is lifeless, and no revival in the demand is expected untli after Chinese New Year.
GENERAL PRODUCE. Things in the general produce lines are certainly not so brisk as they were a couple of weeks ago,, but this can only be explained by the fact that Europe had bought quite large quantities and for the present" their requirements hard been filled. Bilt Burope, enter
Raube
Tronoh Mines
Ural Casp
**
0mb. #:9 b.
54/- b.
8. B.
P. 1.80 b..
Benguet Con... - Docks. Wharvon, Godowns, as.
E. & K. Wharfa... H. & W. Dock q
Shal Docks i
b. 84/8
+24
$207 208 8 # £50 n.
206
b. 147. 1871
T 103 b. 104 3.*
b. 108 sa, 104
T7 b
b 6.80
New Engineering..... H. E. Engineeringa. Bhanghai Hongkows
****** 195 b Lands, Hotels & Bulidings.
ghal Hotels $174 6 18/17 s Now-17 b. 17j sa fs 171 b. & sa. New-b. 173
H.K. Developments Chins Base
Hongkong Lands...
+
90 cts. B $10 n.
107.
Humphreys Estates Kowloon leads, ................ Laad Reclamationa Princos Building ... H.K. Territorial.......... ·me Rural Land...
MI
***
$150 b.
Tie 11,90 b.
***
**
T3 60,b. 4.
T-60 6. New 833-b.
Cotton Mills.
Ewo Cotton Mills, Ltd. Kung Yiks Laon Kung Mows... Oriental... Shanghat Cottos... Yangtarepose. ***, Misestlaneous,
417 in. No. 5.00 Ba Bê B Comenta Cementa "Combined' $24 s... China-Barneca
China Lights (Old)
#17-1/7 n. do. (Now)
$11-. Domb. 26'a. China Providente 316-1/8 h. Now 6.n. Providente Combinod... Dairy Farms... set
HL.X. Electrics
Macao do
**
015
100
$ 38 D.
Hongkong and Canton Lose
Hongkong Rope 20 New It n.
$80. hopes Combined.
** $50. Hongkong Tramways... Peak Tramwayawfőld).............. # BE
Do
(New)
Stoam Laundries H.K. Steel Foundry... Water-boste *DE •
Singapore
Wm. Powells
Lane Crawfords the wa
Canton Ipesku, Sant
H.K. Chartruation
Nanyang Tobacco
Binoercove
Mackintosh
BE Healt
15. Tacia
3, 90: Cante
b. & 105
8. 22.20
n. 150
b. 11 1/
8.8.80
D. 67 New 10 n.
(b 174 Naw b. & s. 9 (Oomb. 2,90 t. 134 8. am 23):
D. 10-1/2 (New n. 13-1/2 Comb, ■ 23
(315)
10.10.Now b5.85 Comb. s. 391
b. 24.10
b. 411 m. 42/43
b. T
a. 19 New 11.
b. 55
b, 48 u. 49-1/2 sa. 49)
"D. 36
11-1 b.
n. Ie
18:b..
.18
$:22. New 13
n. 98 New n. 13
€18.80. 381
25. 183
7.70
Dar A. Pink fully paid a 10 m porous Do
United ka berbos
WE SOLICIT YOUR ENQUIRIES THE HONGKONG MOTOR TRANSPORTATION. CO. LTD.
28, Des Voeux Road. Upntral.
P. O. Box 645.
Standard of the World
CARBO-LASTIC.
Semi-Liquid Asbestos Roofing.
STOPS LEAKS IN ANY ROOF:
PRESERVES NEW ROOFS. REBUILDS OLD WORN-OUT ROOFS. WATERPROOFS FOUNDATIONS."
AGENTS :-
ADEQUATELY GUARANTEED.
} DODWELL -& 00., LTD.
MACHINERY DEPARTMENT.
KAIPING HOUSEHOLD COAL
In Lots of not less than ğ-ton se
Delivered to Peak District (above Bowen Road)
Bowen Road and Lower Levels Kowloon ...
100
ww
H
$21.00 per ton ...- $21.00 *-* $19.00 Orders should be sent in writing at least 24 hours, before the Coal is required.
All orders must be accompanied by cash, Cheque, or Compradore "Order
payable to "THE Kamax MizING ADMINISTRATION."
THE KAILAN MINING ADMINISTRATION
HEAD OFFICE: TIENTSIS.
DODWELL & CO., LTD., Agents, Hongkong.
Phone Gerrard 5476
Tel. "Jamaco" London.
A. C. DISS
(Late of Diss BROS, & MACKINTOSH, LTD) HONGKONG.
Clo CAMPBELL LATHAM & CO.
... TAILORS
59, Conduit Street, LONDON, W.1.
For over ten years we have been engaged in the manufacture of 0000sant oil in Singapore. Our brands, the "Coconut Trees," Elephant" and "Bis" ars renowned for their wallent standard, test results, and clarity, and are free from imparity or adulteration. These products are already known in Chins and abroad and it is to facilitate our esteemed patrons that we take pressure in sasouncing that Mésars. GOH GUAN HIN of No. 84, Bonham Strand West Hongkong,
have been appointed our sole agents in Hongkong.
THE HO HONG OIL MILLS, LTD.; SINGAPORE.
G. FALCONER & CO. (HONGKONG)LTD
WATCHMAKERS & JEWELLERS. DIAMOND MERCHANTS.
"UNION "BUILDING (OPPOSITE G.P.Q.)
Agents for ADMIRALTY CHARTS.
ROSS'S-BINOCULARS and TELESCOPES KELVIN'S NAUTICAL ZINSTRUMENTS, ENGLISH SILVERWARE direct from Manufac