Page

HONGKONG & SHANGHAI

BANKING CORPORATION.

HEAD OFFICE: HONGKONG,"

www

AUTHORISED CAPITAL...... 150,000,000

THE BANK OF EAST ASIA, LIMITED,

HRAD OFFION 2.

No. 10, De Vox Road, Contes

Established 1919.

IRSUED AND FULLY PAID UP $20.000,000 | AUTEURIZED CAFINAT, $19,000,000.00 RESERVE FUNDA :—

STERLING... £ 4,500,000 SILVER $25,500,000

RESERVE LIABILITY OF 820,000,000

PROPRIXTONS......

COURT OF DIRECTORS

W. L. Pattonden, Ex-Chairman,

H.P. White, Ew.

B. D F. Bath, Pag,

_W. H. Bell, E»q,

“A H. Compton, Emp.

Deputy Chairman.

4. D. Jane. Eaq:

JA. Plummer Eog TIG. Weill, Bad.

Hon. Mr.PH.Holyoak 9. M. Young, Esq.

Chief Manager:

4. H. BARLOW, Esq. Manager: Shanghai-G.H. STITT, Esq London Bankers: Westminster Bank, Ltd. CURRENT ACCOUNTS opened in LOCAL CURRENCY and FIXED DEPOSITS received for one year or

shorter periods, in Local Currency and Sterling on terms which will be quoted on application.

Hongkong, 25th November, 1924.

HONGKONG SÄVINGS BANK, A.

PAID-OF CAPITÁŽ,romana. $5,000,000.,199 -

$750,000.00

in word, Aretz description of Banking and hang

Louis Eranted on 85-

THE CHINA MAIL.

COMMERCE AND

NAM PAK HONG PRICES.

FLOUR AND SUGAR MARKETS.

This morning's quotations in Nam Pak Hong, for "spot" goods, basis usual guild terms, showed no change from yesterday. Prices

Irant allowed on Current Depot confollow:- at the man of Two jer omniu par saaam, of Baring, Aosounia. Four pat deal for AABER, and o§ Piked Deposite at the following istan

For a monthe n the rain of 12 DAY ASTUR

· For "6. months at the mia of 4% per annum

* For 12 montis nutke rådesť 32 POT KOURIL) -

KAN TONG PO.

Quiet MangaT.

NEDERLANDSCHE HANDEL

...MAATSCHAPPIJ.

(Värikulasie Tradies Bocassy.)

BANK.

ESTABLIKED 1851. Homexone Beason. Estabiæmd 1996.

Java Sugar, per pitul net:- No. 24 rough white ...§.9.94 No. 24 fine white.... 10.50

No. 18 rough brown... 9.90 Flour, per sack of 50 lbs.

$4.10 3,64 '3.02

"White Greens" "Kingfisher"

RÜBRER PRICES.

FINANCE.

On

EXCHANGE.

Hongkong, December: 18, 1926,

London-

Bank, Wire..

21

11

On-demand, 47/18

wo days' sight...

months sight -£ld-f Credits, 4 months sight be Documentary 4 months' alaka R6-|

Parta

On demand...

1040

Credits, 4 months' sight'... 1140

Wire

On demand

On Calcutta--

On demand...

...nom.

New York-

On demand

4+

BDA

Credit 60 days' night : 67

Bombay...

*** 187)

1571

101)

1840

101

MADEL

Wire

On demand

On Singapore-

On demand...

On Manila

On demand..

On demand.

On Shanghai-

H

...

On Yokohama

30 days' sight (private papar)

Ok demand...

prospects in the Netherlands Must Indies is to standardise the entire Sumatra output on a boat quality basis, the same as was done with the cultivation of plantation rubber. It is certain that the future of the oil-palm in Sumatra is assured, and the manner in which the present companies interested therein are extending their acreage rapidly proves that the cultivation there is | fa paying proposition.

The rapid development of 1910 | and 1920' is reflected in the latest pisblished---Batistica, which show that the export of palm-oil from Medan" (Surah) for the first six months of 1034 amounted to 9,241,- 200 kgs, as cordpared with 1,187 818 kgs. for the same period of Singapore Quotations To-day.1923. Next year export of palm- [oil from Sumatra's Best Conat only The "China Mail has been is estimated to be 10,000 tons, and favoured with the following from adding to this figure the output of Messrs, Carroll Broer:-

Bomutra's West Const. Java and | We are in receipt of a telegram the F.M.S., i will not be many Authorized Capital G. 250,000,000 €18,800,000 from our Singapore friends advis years before the Far East has paid-up Capital 80,000,000 6,066,670 ing. that rubber is now qubted at reached the export figures of Africa, Reserve Fund G. 20,045,003 1,470,41964 cents per lb. They also advised being about 120,000 tons for this Special Reserve..G. 22,080,000 £ 7,888,550 us of the following dividends year.

Kedahs

5% Interim.

The demand for palm oil, how Pajams.

5% Interim. ever, is strong and increasing. Not Malaka Pindas 10% Interim. only Ecrops and, Americh require it for a variety of purposes, includ- B. OF T. RETURNS. ing the manufacture of margaring, for which Eastern palm-oil is FIGURES "SHOW DECREASE

specially adapted by reason of the remarkably low percentage of free fatty acid it contains, hut large markets are developing in the East. With expenses of development of

The Shanghai "Journal of an oil-plim estate being low, and the upkeen through profitable.cach Commerce reports that, in spite crops working out at quite a small of the fact that it was gourded by figure, and good returns being a Chinese gunhoat, one obtained alrendy at the end of five Russian gunboats at Woosung he DECREASES.

years, the oil-palm growing out in escaped to an unknown destination. Compared with the October Sumatra is one of the best-paying figures, there is a decrease in cultivations at present, with a good ench cuse as follows:

prospect for investment. Imports

HEAD OFFICE :—Amserdam, EASTERN HEAD OFFIUR:--Katavia,

· BRANCHES :~~

I busincas of the shove Bank is Bandjaran Bandoeng

conducted by the HONGKONG Calenta

AND SHANGHAI BANKING CORDoljakarta PORATION. Rules may be obtained Kota-Raja

Padang

on application.

Penang

INTEREST on deposite is allowed on the minimum monthly balance at

3 PER CENT, per annum.

Rotterdam Ringapors Tegal

For the oxoxONG SHARSHAL

BAS. O CourOBATION,

. H. BARLOW,

Hongkong, May 5, 1924:

Chief Maringen.

THE CHARTERED BANK 0) INDIA, AUSTRALIA & CHINA

INCORPORATED. BY ROYAL CHARTE

1983

HEAD OFFICE LONDON,

Paid-up Capital

Bovarya Jaháliky ně

£8,000,009

Bemarre Fund, umuguin

£3,900,00

Fropriator

£3,000,000

General

FOREIGN EXCHANGE Backing, business transacted.

CURRENT ACCOUNTS opened and FIXED DEPOSITS racaivad for 1 year oralorier periods at rates which will be quared on application."

A. H. FEROUSON,

Manger,

Koogkong, 'May 8, 1938,

BANQUE DE L'INDO-CHINE

HEAD OFFICE:

96, Poulevard Haummann, Paris, Subscribel Capital. Fr. 72,000, 000.00. Paid-Up Capital ...FT. 68,400,000 Reserve Funds... Pra, 60,657,258.

BRANCHES

Hongkong Mongtas

Bangkok

Battambang

Canton

Djibouil

Koumes. Paperia

Haiphong

Faking

Hunkow

Prom Ponti

Hanoi

Fondicherry

BANKERS:

Baigon Shaghal Slugapore Tlentain To'

Yunnanfo

IN FRANCE: Comptoir Nailons d'Escoropl

Bombay Cherchon Djember The Hague Kobe Makama Medan

Palembang Pecalongan Puntinsk Rangoon Bamarang

Shangha

Sperabana Boerakarta (Solo) Tillating Weltevreden LONDON BANKERS:--- Nations' Provincial Bank Lid. Corresponde all over the worki,

BANKING BUSINESS OF EVERY- DESCRIPTION.

FROM OCTOBER.

(Router's Service.)

London, December 10. The Board of Trade Returns

for November are:

W. H. GROSKAMP,

Age

F

Hongkong, November 4.1924

司公理營業實法中

„SOCIETE FRANCAISE, DE

GERANCE

DE LA BANQUE INDUSTRIELLE DE CHINE.

ETABLISSEMENT FRANCO CHINOIS.

(Incorporated in France)

"5, Thaler Band Vioworia, Hongkong

HEAD OFFICE: 74 Rue St. Lesare, Paris,

Bubscribed Capital fully

paid-up

4.Reserve Fond

Fr. 10,000,000 Y. 10,800,000

Working fund provided by THE BANQUE INDUSTRIELLE

DE CHINE

Frs, 60,000,000.

BANKERS:

!!

Imports ......£118,740,228 Exports

Exports

68,150,816

.£1,718,100 435,822

RUBBER RESTRICTION.

www.

BEMOVAL NOT LIKELY AT

PRESENT...

(Reuter's Service:)

London, December '11.

In the House of Commons to- day, replying to Sir Lane Mitchell, who asked if there was any prospect of the removal of the gubber restriction in Malaya and Ceylon, Mr. L. S. Amery, Secretary for the Colonies, said he had received no representations from the Govern-

Pari: Societe Generale, Banqus Nailosale dements of those territories. sug-

Credit. Banque de Paris et des Pays-Bas

London: Midland Bank, Ltd.

New York: Irving Bank Columbia Treat Co

Every description of Hanking & Exchange Barine tramacted. Correspondents through- oat the world.

10th November 1934.

M, FITZ-HENET,

-Manager.

de Paris; Credit Lyonnais, Banque de Far THE BANK OF TAIWAN, LTD.,

des Pays-Bas; Credit Industrial at Commercia Societe Generale.

IN LONDON: The National Provincial á Union Bank of Englod, Lid.; Comptoir National d'Escompte de Park; Credit Lyopalm IN NEW YORK; J. P. Morgan & Co. French American Banking Corporation Guaranty Trust Co. of New York

Eine tractad.

Intimus showed on Ostrens Accounts and Fized Deposlis socording to arrangement.

Every dmcription of Hanking and Exchangi

A LECOT,

Manager Hongkong, March 20, 1924, THE- YOKOHAMA SPECIŁ BANK LTD.

Bewaaruno 1880.

Safiah (tolly pali np) — SMIXTE FIZA

100,000,001 ....... Tan, 77,600,000

KHAD DETOS:—YOKORANA,

BRANDKI ANT AGENCIES AN I

Nowakwang

Babaria

Bombay

Buenos Ayres Bulcutta

a Changshum

Daireo (Dalay) Fengtion (Mahders) Kamburg

Hankow Birbin Homalais

Kat Yem

Kobe

London

Los Ange

Lyons

Nagoya

Ken Your

Osaka

Feking

Bangoon

Bio de Jansse

Maigon

Bad Prozakres

Shanghai

Elintonomal

Bingapore

Boerabaya

Bydney Tiectata -Tokyo

Tenante

Tingim Vladivostors

Interest' allowed on Guesens Assɔunte

Deposita esenivad for flued periode at rain

so obtained on appliestion.

O. ARIMA, Manage

Hongkong, 17th Oct., 1984.

HONGKONG HEIGHTS,

For the information of visitors the following list of some of the highest points on the Island and Mainland is published:-

IBLADD

',

Signal Station

Mt. Parker

Mountain Lodge

The Tyne

Peak Hotel

Taikoo Sanatoriuma

Mt. Davis

Foot

1000..

Bowen Rd. (filterbode) 207

MAINIANI.

Taimoshan

Kowloon Fes

4)

(Taiwan Ginke.)

Incorporated by Special Imperial Obarier, 1099

Capital Babsorbid ... In 60,000,000 Capital (Paid-up) .....Xan 53,500,000 Badgers Fund ...... Iga 12,000,000

HEAD OFFION: BAIFER, FORMOSA.

BRANCHES :

gesting that any such action was advisable at present.

WORLD'S WHEAT.

CONSUMPTION IS GREATLY INCREASED.

(Reuters Service.)

London, December 11, Mr. E. F. C. Wood, Minister

for Agriculture, in a speech before the Council of Agriculture of England said that the agricul- tural prospects were rather more nopeful. All statistics led to the conclusion that. the total world consumption of wheat had great- By developed The Eastern demand for wheat was steadily increasing and India was JAPAN-Tokyo, Yorshama, Kobe, Osaka,gradually eating more and more

Most. FORMOBA-CHess, Kagi, Karenko, Kus of her production while China Natio, Finan, was becoming the largest cus- Tang Makung Shinchiku, Talchu, Talaan, Takow, tomer for United States wheat, Kamant, Tobyan, Ako. CHINA---Shanghai, Haskow, Klukieng, Amoy, Fooshow, Bwalow, Cantera, OTHERS Bangkok, Hongkong, Blogs- peru, Sourshaya, Barang. Batavia, Bombay, London, How York,****

LONDON BANKEER?

Landon County Westminster and Parr's Bank.

The Bank har Cerridente in the Commis

Centres in the kumpeia Continent, Humic San

oharia Tengtzo, Japan, Indo Chia, India Phillippiasa Čelandą, dará, and Dutch Ladies, Auti ris, Amerian, Afiion, da

Tuberset allowed GE Cart Account, and Pired

tips.

Deposits at ralex which will be quoted on applica.

2. YAMAMOTO,

||

+

|HONGKONG. BRANCH,

B. Das Vark Boad Central.

Hongkong, 8th June, 1924.

THE BANK OF CHINA,

行銀國

(Botally Authorised by Frgeldential Mandala of the Eepohlia, of Chin on the kind of November, 2017). Aukborland 'Cap{l

$20,000,000.00 $18,378,000.00

Fald-op Captial

BERAD ORPION, PEKING.

HONGKONG, BRANCH ↑ QUEEN'S BOAD CENTRAL Boks and Bab-bemnoken all over kids and Correspondents In Barope, America, and other parke of the world, London Bakkm"The Malicnet Provin and and Union Bank of England, Tad The Gasranty Croat Company of a

York

Tork - Bankycat -- thự Irring Yo

· Kakoski. Bank. The Bestlačia Krvel Company of New

OIL IN SUMATRA,

CULTIVATION OF PALM IN D. ́E. J.

The oil-pulin (Elaeis guineensis) was introduced into the Dutch East Indice in 1848. Four young pulins, two from Bourbon and two from Amsterdam, were planted in the Botanical Gardens to be Towing vigorously and bear- which! fruit, was distributed freely, writes Mr. G. H. van der Stuys in the "China Express and Telegraph.

LUKE

abundant

The cultivation of oil-palms, how. ever, did not receive serious con- sideration 8 plantation crop juntil 1910, The Belgians must be credited with being the first wo plant large areas with oil-palms in the Far East. From a total of 8,500 acres planted in 1918, we find now: more than thirty ostales planted up, an area of over 35,000 acres boing in cultivation at the beginning of 1924/

For the Bultivation in Sumatra in used the Deli-type palm, which ja considered to be most suited to local conditions, and it is doubtful whether it will be superseded by other varieties from indigenous palms in West Africa. The ex- periences gained in Sumates so far have been very satisfactory, and it has been proved that growing oil- palme on properly managed estate is highly profitable, ame

Stops Croup. it stopy arann. That's why mothers keep Chaberlain's Coa b Remedy in thbone. It contains no narcoties and is best for the children. For sale every

$་ bere.

Gold Lest, 100 fins (per taal) 46.20 Sovereigns (Banks buying rate) 8.24 Sliver (per oz.)

93

1

SUBSIDIARY COINS.

50 cents rab, *** Hongkoop

***

H

$1

+

4% pm.

3. % pra ...966 Xuls.

10

Canton coina

Bar Bliver in Hongkong...11% pa. Chinese Copper Cash 10 Chinese Copper Corts... Rate of Native Interest Chinees Bub. Colo Hongkong Suh. Colo

FRIDAY, DECEMBER 12, 1924.

GREEN ISLAND CEMENT CO., LTD.

BEST PORTLAND CEMENT

SHEWAN, TOMES & Co.,

General Manager,

"HONGKONG."

MOTOR 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- 84.50 per hour. 8-ton Lorries

@ $8.50 Waiting at Half Rates ESTIMATES GIVEN

WE SOLICIT YOUR ENQUIRIES

THE HONGKONG MOTOR TRANSPORTATION CO., LTD. 28, Des Voeux Road, Contral.

20% dis par

Phone Central 1918

of the

Helps. Thosa, Bard Cought. The danger of influenza is its toudengŸ to develop into pluority and poeumonia. top your cold before it reaches this dauzer point and for the cough and painful wheezy breathing, take Cham Serlain's Cough Remedy. It is for sale everywhere.

LOCAL SHARE MARKET.

OFFICIAL QUOTATIONS..

"DECEMBER "IX.

Names

BROK

London

H.8.3.C. T.T. on selling rate

and on Ab anghai

Hongkong Banks 1170 b. London-£139 b. Chartered Bank

P. &.0. Bank

East Asia Bank....

Mercantile Bank A B E) b.

Marine Insur'ANOME

Hongkong Fire Tasuranca...

Shipping

Dougisnes.

.b.. 740

140

2.59

sa. 1.96

P. Q. 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 ROUNDATIONS.

*

1}

ADEQUATELY GUARANTEED.

M

SEL.00 per ton $90.00 $18.00

KAIPING HOUSEHOLD COAL

In Lots of not less than ton for

Delivered to Peak District (ahors Bowen Road)

Bowen Road and Lower Levels Kowloom. Orders should be sent in writing at least 24 hours, before the Con! le required. All orders must be accompanied by ash, Cheque, or Compradoro Order

payable to TN KAILAN MINING DMINISTRATION.”.

THE KAILAN MINING ADMINISTRATION. HEAD OFFICE: "TIRNTHIN,

DODWELL & 00., LTD., Agents, Hongkong.

AGENTS:

11 AL

Bock Exchange.

———DECEMBER 1a. Ebarebrokers' Association.

DODWELL & CO., LTD..

MACHINERY DEPARTMENT.

2/4-3/9

2/4-2/3

$724

872-1/2

b. 1175

£ 30 b.

220

1.

$100...

be 100

b,

281

do.

£11) b.

b. "0" 12

R

Canton Insurance*, **

730 n.

North China Insurance

140 m.

Union Insurance ..

Insurance Yangba ......

#42km.

'Obins Undies

'1.80 n.

For Masters

·Pies InsurEROOS

China Fire Insurance ...

130 b.

180

895 b.

D 690

·

1 69 K.

$88 2.

b. 851 sm. 33-1/2/30

4. 981

$8

180 b. 120b

***

855. b.

$122 b.

b, 130 s. 11

2-1/3..

**

165 b.

n. 236

New Stara #93

b. 87

n. 41

TO-D

Gombe Bakh.

b. 23

Phone Gerrard 5476

Shanghai Los.18

b.

||

S'hai Explorations....351 n. Single Langkato Va Itambe Tronah Mines

b. 9

**

***

Balb.

1+0

--- ак

10/

6. B

www

*

Benguet Con...

P. 9.90 0..

B. & K. Wharts.

314

+C

p

Bhai Docks

9911-14 b. 313-3

161 b. ... T101 n.

T7.60 b.

b. $11-1/1, &. 212

· 153'

b. 107

b 7:60

B.K. Steamboat **** Indo-Chinae (Prof. ! ...

(Def.))***** do. (H.E. Reg.) Shall Transporte.. Star Forries Hongkong Tags and Lighter Oriental Bar, Co. Refineries

China Sugar *** Malabon Sugar sining

*** L

Kaftan Mining Adm. Langkata

Ural. Casp.

܂܂

Doaks, Whazyas, Godowns, &o.

H. & W. Doch

$200 b.

111

b. 84/8,

48, 75 Cente Lt

b. 105-1/2

New Ragineeringe... H, K. Engineeringe. Bhanghai Hongkows Lands, Hotels & Balidiage.

K.K..

&Shal Hotels $18) n.Now 18 b. 18) sa. '(b. 18-1/2 h. n. dan19 New-b. 17) H.K. Developmenta China Buses. Hongkong Lands... Humphreys Estates Kowloon Lands ... Land Reclamations Princes Building ... H.K. Territoriale... Racal Land.. Cotton Mille.

b. Sie an. 1-1/23

D. 150.

90 ct. 5.

· (10) n.

100 m. ...

$214 b. 12.

#150 b.

08.80 8.

$10 b.

Thx 11,90 b. 11.90.

n. 11.60

T2.80 b.

100

T60 b. Now $33 b.

Ewo Cotton, Mills, Ltd. Kung Tikeke, da su Laon Kang Mows, is tha Orientala.. Shanghai Cotton Yangtare poceni, m Miscelaneous,

Comenta

#17) n. Now 6 b. 6. Comenta Combined". #98.b. 2541 sa China-BorneoS Chian Lights (Old)

& n. do (Now) #10.1/1 b. Comb. 23... China Providenis $16-1/2 b. Naw 6 Providents Combined tree 333 m. Dairy Farma..., në ·***.--834 b, 244. H.K. Electrics an⇓ 444 b.. "Macao

882. Canton Zooo Hong hopes Combl Hongkong Ropes 10 n. « New 11 n.

$55 1836 Hongkong TramwAYS** Poak Tramwayaw(Old)... 28.

(New)

До

Steam Laundries ..

P

H

H.K. Stol Foundry: *m) y 18k be Water boate ca ei

23. New 12 Watson's in Thor Singapore Tra

X-1/1 D.

$18.90

17

W Powell 344 345 Lane Crawfords*% Cantar los

Construc

Evidence to date serves to prove that cultivated oil-palms in Suma- tra give a higher production than applies their indigenous relatives in West Africa, and, that it is poesible for alpay Sumatra palm-oil to equal in quality

the beat-African-palm-oil-on-the-LR, market

"Nanyang Tobo

* Bipogra

The aim of all connected with Der A. Wink this new industry, with its great

b. 2.80 1.4 n, 50 New $3 1.

fb 18 Now b. 6 (Comb. t. 15

b. 17 -112 (New, b. 101 Conab. b. 924 84.9°1}-1}X

b 16:34 Now b. 1.50

Comb. E. 81-81k 16.' 12' --

b. 34.

b. 7.

në 19 Now 11 g

Now

3. 19.

1-1/

10

United Asbestos ("punders) 8 20 4,

(Ordinary)

Tel. "Jamaco" London. A. C. DISS

(Late of Disa BROS. & MACKINTOSH, LTD,)

HONGKONG

C/o- CAMPBELL LATHAM & CO.

TAILORS

59, Condalt Street, LONDON, WI.

For orez ion years we have been engaged in the manufacture of cccdanut oil in Singapore. Our brenda, the “Coconut Tree,? *Elephant." and "Eltar," are renowned for their excellent standard, test results, and clarity, and 'are free from impurity or adulteration. Them, products are already known in China and abroad and it is to facilitate our esteemed patrons that! ws take pleasure in announcing this Masers. GOH GUẦN HIN of No. 64, Bouham Strand West, Hongkong,

have been appointed our sols agents in Hongkong...

THE HO HONG OIL MILLS, LTD., SINGAPORE

G. FALCONER & CO. (HONGKONG) LTD

WATCHMAKERS & JEWELLERS DIAMOND MERCHANT:

UNION “BUILDING (OPPOSITE G.P.O.)

för ADMIRALTY CHARTS,

·ROSS'S BINOCULARS and TELESCOPES. KELVIN'S NAUTICAL INSTRUMENTS, ISH SILVERWARE, direct from Manufact High Class English Jewellery,

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