A
Page
11
HONGKONG & SHANGHAI THE BANK OF«EAST ASIA,
BANKING CORPORATION.
HEAD OFFICE: HONGEONG..
AUTHORISED CAPITAL.............. 863,000,000 199UED AND FULLY PAID UP $20,000,000- KESERVE FUNDA :---
STERLING... £4,500,000 SILVER... $25,600,000 RESERVE, #ABILITY OP
PROPRIETORS,..........
$20,000,000
"COURT OF DIRECTORS: W. L. Partencia, Mang-Cann Lusc H. P, White, El-Depary Chairman
B. D. F. Men, Em," 1.OTATE, BA W. H. Bell, F.
I, A. Pammer, Eq.
T. 7. Well, čia.
A. H. Compton, Eng, Handir. Pitt, Hoijink G, M. Young. Eega
CHIEF MANAGER
A.. H. BARLOW, Esq.
Manager: Shanghal-0. H. STITT, Eng.
LONDON BANKERS, Westminster Bank, Ltd::
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CURRENT ACCOUNTS opened in LOCAL CURRENCY and. FIXED DEPOSITS received for one year pr shorter periods in Local Currency and Storling on terms, which will be quoted on bpplication.
1
Hongkong, 25th November, 1924.
HONGKONG SAVINGS BANK.
!
LIMITED.
HEAD OFFIC
No. 10, Dee You Road, Central, Established 1919. |ÁDTEORIANU ČATITAL, ...............................(10,000,000,0
PAIP-UP CAPITAL ...........................
$5,000,000.00 Hargave FUNigga" 5710,900,00
Every description, of Banking and KrekADJU business trazine id," Losur granted on ap- proved securitie
Internet allowed on Cartmi Deposit desomni- ni tha rise of theo par sent, per auntru ca Saving Accoja Fuar pas conti per mansm, and on Pland 'Deposits at the following zaLOR -|
For 3 months at iba rate of 12 por kaska, For months ob che rate of 4% par Kon For 1 months at the rale 18 4% per annum, KAN TONG PO,
- Chief MannéOT. Hongkoer, March 3th 1999.
..
NEDERLANDSCHE HANDEL MAATSCHAPPIJ:
+
ነፃ
(NWTIKKLANDO· Trading SociaTr}}
ESTAALTED 1881. HONGKONG BALIQH ESTABLISHEN 1904. Authorised Capitxi t. 180,000,000 £1,500,000 Paid-Up Capital.... 80,000,000 £6685,670 Resorts Fund. 20.045,082 £ 1,678,419 Special Reserv.(t: 22,660,000 £ 7,888,930
HEAD OFFICE-Aerdam
·EASTERN HEAD OFFION :--Enlavin BRANCHES-
Bomba Member The Hague Kobe Maker
THE haridor of the above Bank is Bandaria. Bandeng Cherlber conducted by the HONGKONG Clos AND SHANGHAI BANKING CORP
Kota Raylite
FORATION. Rules. map. be obtained" Padang fon application.
IN FEREST on clanquita'ia allowed on The inn motithly balanco at
3 PER CENT. per unum.
For the HoynxONG A SHAROBAI
BANKINA CORPOLATION,
H. BARLOW,
Chief Manager
Hongkong, May 6, 1904.
THE CHARTERED BANK OF
Penang
Batterings Singapore
P
Tegal
Medza
Palembang Pecalongan.
liana Rangoda
刚
Hoerabu Soerskama (old) Tillatjap Waltevreden
LONDON BANKERS:-
National Provincial Bank. Ltd. Correspondenta kil over the world.
RANKING BUSINESS OF EVERY DESCRIPTIONR.
W.IL OROSKAMP,
Akest.
INDIA, AUSTRALIA & CHINA. Hongkong, November 4, 1924,
INCORPORATED BY ROYAL
CHARTER, 1853.
HEAD OFFICE: LONDON,
Paid-up Capital
.£1,000,000
-Reserve Fund
£3,000,00
Reserve Liability of Pros
prietors
£3.000.000
FOREIGN EXCHANGE and General Banking business transacted.
司公理管業實法中
SOCIETE FRANCAISE DE GERANCE
DE LA BANQUE INDUSTRIELLE DE CHINE. ETABLISSEMENT FRANCO
Ľ:
CHINOIS.
(Incorporated in France).
Paris.
CURRENT ACCOUNTS opened and 15, Chater Rond Victoria, Hongkong. FIXED DEPOSITS received for year -ar shorter period at rates which will be HEAD OFFICE: 74, Rue St. Lazare, quoted on tipplication."
A. H. FERGUSON, Muninger. Hongkong, May 8, 1983,
'BANQUE DE L'INDO-CHINE.
HEAD OFFICE:
46, Paulers Batasmana, Parth Safecribed Capital Fr. 72,000,000.0 Paid-Up implini "... Fr. 68,400,000 00
Ramarre Funds * Fr. 69 687289.65
Bungko
Canton
isaibang
BRANCHES
Hongkong
Mongise
Noume
Haiphong
Paprote Peking
Pacin-Pena
RaDai
11
Djibouti
Haukow
Pondicherry BANKERS:
Saigoo
Shanghai
Min pare Vectin
Tot row
| Subscribed Capital fully
paid-up" Reserve Fund
Ers. 10,000,000 Fra..10.800,000
Working fand provided by THE BANQUE INDUSTRIELLE DE CHINE. Frs. 50,000,000,
BANKERS:
Paris Societe Generale, Nationale de Credit
Paris et des Pays-Bas, London; Midland Bapk, Ltd:
Banque Banque de
New York: Irving Bank Columbin Trust
Co.
THE CHINA MAIT
COMMERCE AND FINANCE.
UP-COUNTRY TRADE.
W
RISE IN SILVER SUBSIDIARY
COINS.
BAD YEAR ALL ROUND.
EASTERN TRADE,
CLOSING THE AUSTRALIAN OFFICE.
ing the responsibility for the whole liabilities of the company at the date of sale, or on such terms. and conditions as they think it.
STEEL AND CAST IRON.
PRODUCTION IN FRANCE.'
PARIS, January 5,
Acting in conjunction with the States concerned, the Feder- (From Our Oven Correspondent,) fal Ministry has decided to
Pakkal, Kongmoon, Jan. 5.
terminate the appointment of Mr. France steel production for As local merchants are buying. T. Sheaf. Australian Trade 1924 amounted to 7,000,000 tons, Representative in the East, as from and cast-iron 7,500,000, against Canton silver subsidiary coins January 17, the date on which 4,586,866 tons and 5,207,307 tons with which to settle their
Mr. Sheaf, under the terms of his respectively in 1913.—Havas accounts before China New Year, the value of silver is rising here.was appointed. This announce
agreement with the Commonwealth, Instead of premiuth on Hong-
ment was made kong notes (in exchange for sub- Minister for Trades and Customs by the sidiary silver) at nearly 80 per (Mr Pratien) Mr Sheaf, who was cent., the rate has now dwindled appolisted by the last Hughes' Ministry, assumed duty on January 18, 1921, and Singapore has been his headquarters.
to 20 per cent.
Practically every branch of business has come out on the wrong side this, year, with the possible exceptions of hotels. restaurants and eating-houses, and cattle merchants.
The directors of the Straits Trading Co. Ltd.. in their report for the half year ended September 30, 1924) state:-
|
*
EXCHANGE.
On Loudun
Hongkong, January 8, 1915.
Bank. Wire.....
11
42/4
On domand ***8/4 1/16 30 day's sight...
months sight 4- Cradita, 4 months" sight.../4-1 Documentary, a moniha sight 2/3-
Parto
On demand...
***.10 35 Credits, monthy' sight... 1185
On demand... on New York
·On demand
m
Credits, 60.daya' sighb On Bombay--
Wiro
On demand.. ou algatta
Wire"
On demand... On Singapore--- On demand
On Manila
On demand... On Shanghai-
On demand...
--
TUESDAY, JANUARY 6, 1925.
GREEN ISLAND CEMENT CO. LTD.
BEST PORTLAND CEMENT
SHEWAN, TOMES & Co.,
General Manager
HONGKONG.
MOTOR TRUCKINGTM
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
@ 88.50 Waiting at Half Rates. ESTIMATES GIVEN
WE SOLICIT YOUR ENQUIRIES THE HONGKONG MOTOR TRANSPORTATION CO., LTD.
... 155)
+++
1651.
100
201
Phone Central 1913
* дов.
30 days' sight (private papar) On Yokohama On demand...
143+ "Gold Lost, 100 fino (por tael) ., 48 80 Sovereigns (Bank's buying rate) 8.36 Silver (per on)...
The Prime Minister (Mr. Bruce) emphasised that no reflection was cast upon Mr. Sheaf. It was mere-On ly that the basis of representation would be changed. The reports STRAITS TRADING CO. supplied by Mr. Sheaf had been extremely valuable: bur the benefits ONE AND A HALF MILLION which had been expected from PROFIT FOR HALF YEAR. this form of representation had Dot accrued. It was not proposed at present to establish another trade office in the East. The only other method of increasing trade with the East, which was likely to After writing off depreciation be adopted, was to endeavour to and making provision for bad and send their own commercial trävel- doubtful debts, the net profitsers to Eastern countries. If this amount to $1,566.95786 which were a success it might, then be with the balance brought forward necessary to set up another form from the last account of $570,812.86 of representation. makes total of $2.146.780 72 available at September 30, 1924.
The directors recommend: That a dividend of 622 cents per share on 900,000'shares be paid to shareholders absorbing $62,500, that $950,000 be placed to reserve and that the balance of $634,280.72 be carried forward toa new account. Ore supplies were acquired throughout the half year in satis 'factory volume and smelted at both works with the greater quantity treated at Pulau Brant Both smelting plants operated jefficiently and economically. The exports from the F.MS. continue to expand and the quantities to date show a substantial increase on the exports for the corresponding period of last year.
a
The tin market recorded a satis- factory demand throughout the half year though a setback in prices occurred in the early months.
not
Liquidation of the tin in the Bandoeng pool proceeded accord. |ing to the original arrangement be. tween the parties and in November the release of the final quantities. took place. All the tin released to this company has now been sold and the results of the October and November releases have been in- cluded in the accounts now strictly applicable to the period under re- view, in order to permit of pre- sentation of final figures relative to this long standing of unsold tin. The sam now recommended for has accrued reserve from the realisation, of the final! 18000 piculs of the 45,000 plcuis tin originally forming this com- pany's share of the stocks under the Bandoeng Agreement.
Every description of Banking and Yanfu Exchange Husiness transacted. Corres-published. though
pondents throughout the world.
M. FITZ-HENRY,
Manager
IN FRANCE. Comptoir Natuwid Excom
de Paris Gredit Lyonnais, Banane de Fary of des Pays-Bas; Credit Industriel di commercini Societe Generie.
IN LONDON The National Provincial & Onion Bank of England, L; Complet Nationi d'Escompte de Paris; Credit Lynie IN NEW YORK: J. P. Morgna à Co. Free American Banking Corportion **Quariaty Trust Co. of Now York.
Intereal allowed on Current Acolgate'amil, *Fixed Deposit according to arrangement.
Every description of Banking and Exchange Busine transseted
A. LECOT
Manager
Hongkong March 20, 1924.
THE YOKOHAMA SPECIE
BANK LTD.
Established 1880.
*
Capital (fully paid-up) Yen 100,000,000 Reserve Fond
Yen 77,500,000
Head Ofeet-YOKOHAMA
Branches and Agencies at:
Batavin.
Bombay,
Buenos Ayres.
Culcutta,
Changchun.
Dairen (Dalny).
Newchwang.
New York.
Osakя.
Peking.
"Rangoon.
Rio de Janeiro.
Fengtien (Mukden). Saigon.
Hamburg.
Hankow.
Harbin, .
Honolulu.
Kai Yuen,
Kobe.
London.
Los Angeles. Lyons:
Manila.
Nagasaki. Nagoya.
San Francisco.
Seattle.'
Shanghai
Shiznonoseki. Singapore. Soorabaya, Sydney. Tientsin.
* Tokyo.
Tsinanfu. Tsingtau. Vladivostock.
Interest allowed on Current Accounts. Deposita received for fixed periods at rates to be obtained on application.
C. ARIMA, Manager.
Hongkong, 27th October, 1924.
HONGKONG HEIGHTS.
For this information of visitor the following list of some of the highest points on the Island and Mainland is published :---
10th November.. 1924.
THE BANK OF TAIWAN, LTD. transfer to
(Taiwan Ginko.)
Incorporated, by Special Imperial. Charter, 1899.
Capital, Subscribed Capital (Paid-up) Reserve Fund
او
Yen 60,000,000 Yen, 52,500,000 Yen 12,080,000 HEAD OFFICE: TAIPEI, FORMOSA,
BRANCHES,
JAPAN-Tokyo, Yokohama, Kobe,
Osaka, Moji, FORMOSA-Giran, Kagi, Karenko,
Keelung, Makung, Nanto, Pinan, Shinchiku, Taichu, Tainan, Takow, Timsui, Tohyen dần. CHINA-Shanghai, Hankow, Kiukiang. Amoy, Foochow, Swatow, Canton. OTHERS.-Bangkok, Hongkong, Singa- Soolabaya. Dore. Batavia, Bombay, London, New
1
York.
Samarang,
The local tin market opened on April 1 1924, at $125 25 per picul and closed on September 30, 1924, at $11875 per plcul, the highest and lowest prices interim being 5132 37% and $100.75 on April 8 and May 24, respectively.
SHIPPING.
*40
SUBSIDIARY COINI
+1
10
JJ
The first annual general meeting of the Ceylon Independent Co... Ltd., was held on December 9. At the conclusion of the meeting an extraordinary general meeting of Hongkong 50 cents sub,... 6% pm. the company was held and the following resolution was passed: That the directors be authorised to dispose of the whole of the under taking of the company to a purchaser or purchasers
1 consideration of the said purchaser or purchasers assum-
وو
...7 % pm. ...260.5% dis 10% p 10 % DIG.
Canton colus Bar Silver in Hongkong Chinese Cepper Cash Chinese Copper Cents... ... 8% pra. Rate of Native Interest... 7 % p.s. Chinese Sub. Cola ...25+% dia. Hongkong Bah, Coin -
LOCAL SHARE
MARKET.
OFFICIAL QUOTATIONS.
JANUARY 6. Names
*ank
8.8.B.C. T. on calling rate
London
and on banchal
Boggkong Banks 1200 5. London-Eise b. Chert Bunk
P.&O. Rank pan East Asin Bank ... Mercantile Bank A B.
do .0
Marine Insurances
· Canton Inguraneo.. North Chia Insurance Vaión [asurance Tomrance Yang,taxe China Undiri
Far Panterak Fire InsuraBOOS
M
H
28. Des Voeux Road, Contra).
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,
ADEQUATELY GUARANTEED,
II A
AGENTS ***.
Stock Exchange.
JANUARY 4. Sharebrokers' Association.
%
DODWELL & CO., LTD.
MACHINERY DEPARTMENT.
974
2/4
... $73-7/8
#731
b. 1200
et b £1.
b. 230-1/2
... !!
Mico, b. 102 sa.
0,
100
Eta b. €13) b.
b. "A" BRO
b"0" 12t
180 b.
..b. 765
$ 140 m.
n.
140-
#1:9 b. 260 sa-
b. fel
$41.
.b. 41"
.b. 9.10
b... 180
De 700
b. 37.
China Firs Insursace. Hongkong Fire Tasurasco... Shipping
Douglases... *** H.K. Steamboata... Indo-Chinna (Prof.
2. 1.30 88.
יון
# 180 b.
710 b.
# 51.b.
www
B 0.
+
$ 38 13.
180 n.
D. 98.
b.
b. 90/-
BA 1.30
10 n
120
89. . .d..
5: 133 88.140
n. A
do. (Del.)) do. (H.E. Reg.) Shell Transporte... -Star Ferries
$738 b. Hongkong Tag ang Lighter. #160 n. Oriental Nav. Co.'
$255 n. Refineries
11
---
China Sugar ... Mainhoa bugar line
Kailan Mining Adm
Langrets.
Shanghai Long
Y&a. 87
+1
IM
#88% 5.
4
$ La
D. 41
.
70/-D
n. 481.
.b. 13 6-1/8 n.
A.
4,90
Sbai Explorations... } #5 në
Angle Lauzkate
Rabe
Tronoh Mines
Ural Coop. Renguet Con' ...
Books Wharvan,
H.K. Wharfs H. & W. Dock
Rasi Docks
New Engineeringo...
H. E. Engineerings. haughal RongkAWA Lands, Hotels & Balldings,
Am encouraging sign for the future of the shipping industry is... that, among the owners and others who have spent practically the whole of their business lives in the trade, there are numbers who see a goud prospect of shipping taking a definite turn for the better. Sir Ernest Glover, a past-president of the Chamber of Shipping of the United Kingdom, stated quite recently that there are indications that the shipping industry is near. Istatest Allowed on Correst Account, and Pieding the end of the slump from Deposits at rates which will be quoted on apples
LONDON BANKERS> London County Westminster and Parr's Bank.
The Bank has Correspondents in the Command Centres in the Ruropene Cintiasat, Tassion shurin Talagico, Japan, Into-Chien, Siam, India, Philippine Malaila, Sara and Dutch Indies, Aust-
Lion,
Z. YAMAMOTO, Manager.
HONGKONG BRANCH,
3. Des Voeux Read Central Hongkong, 5th June, 1924.
THE BANK OF CHINA, 行銀國中
(Specially Authorised by Presidential Mandate of the Republic of China on the 22nd of November, 1917). Authorised Capital... $60,000,000.00 Paid-up Capital Reserve Fund
which it has long been suffering, and, incidentally, he drew attention to what is always uppermost in the minds of the shipping community, namely, the extent, of the laid-up Unfortunately, figures tonnage. оп а world-wide scale are seldom forthcoming, although it is, opportune to mention that on July 1 1924, the idle tonnage in the world comprised rather more than 6,000,000 tons gross of shipping, representing approxi mately 10,000,000 tons carrying $18,278,800.00 Capacity. The salient feature in 9,020,426.24, connection with this computation, however, is that appreciably more than one-third of the last-mention- ed total belonged to the United States Shipping Board aloner
Reverting to the general ship- China and Correspondents in Europe, ping situation, Sir
Ernest America, and other parts of the world, Glover has mentioned that London Bankera: The National Provin- the total tonnage in existence cial and Union Bank of England, Ltd. at the present time is about The Guaranty Trust Company of New 1,250,000 tons less than it was the
York Now York Bankers The Irving, year before, from which one must
National Bank.
assume that shipowners are on the
:
HEAD OFFICE: PEKING.
HONGKONG BRANCH. QUEEN'S ROAD CENTRAL. Branches and Sub-branches all over
The Equitable Trust Company of New road to establishing equilibrium
York.
ISLAND,
Feel
Signal Station
1774
Mt. Parker
Mountain Lodge
The Eyrie
1784 1728 1725...
Peak Hotel..
IBOK
Taikoo Banatorium
1008
Mt Davis
877
Lon.
Bowen Rd. (alterbeds) 297
MATULANES,
*Kowloon Fesk
B194 1971
$10-12 6.
18/- 2.
8/- 0.
P. 1.85 a. Godowns, &c.
#2136 213. #180 n. 151'. T 109 b. T 7.40 n.
$810 b.
a. 213) na 213 .b. 150
b. 107-1/2 n.. 7.60
+1
*90 cta. n. $101
158.
$231 b. 19 k
***
$150 a.
$31.
$10 D.
Tha 121ji b, & sa,
---
***
·74 b.
à, & sa 90 Centa
1081
b. 82-1/2. & £ 29
4. K. & S'bai Hotels $18) b. 19 ra. New-18-Ut à (9. 18 sà, 19 New-b 18.10 s. 18 H.K. Developmenta China Buses Hongkong Lands ....... Humphreys Estates Kowloon Lands Land Reclamations Princos Building ... "H.K. Territoriale.....
Burst Land Catton Mills.
Ewo Cotton Mills, Lid.
Kong Tike
T 80 n. Now #32 n.
Laon Kong Mows. Orientala Bhanghai Cotton..... Yangterepoos... Miscellaneous, but,
Coment
$19-1/2 n. New 91 b. Cementa “Combined' $28 b. China-Borneos China Idakta (Old)
+
19.10 b. 10) sa do (New) #19 b. Combi 953 v. & sa, Ohim Providents #16 b. Naw đi n Providente Combined... 133-12 be Dairy Farme... sig
H, Hectric... Muso: do.
*
The
$48). b. 43 ss.
Hongkong sod Canton, Icon-
Hongkong Bape.... “s. 19) ¤. New 105 a. hopes Combined...`m
$58 the Hongkong TraMWAYS..
"Funk Tramwaysw(Old)... ... # 25 se
(Now) ... $ 11-U/% n. ¡
My 160
4. 4
6. 12
b. 4
n. 60 Now 33 1.
(b 194 Now b. 8 (Comb, b 28 a 28-1/1 25 28,]
L. 19 (New n. 12 Comb; s. 25-1/1 #g35.40
(h. 16) Now.b 8.10 Comb. b. 81-J/R on 33
sa 28
b. tos
b 45-1/Ta 46
n. 19 New 11 n
n. 55
b. 54-1/ 55 s. 54
IL 28
Do
n. 10
Steam Laundries
R.. Steel Foundry Water boats, ben'
b. 124.
Watson's *** y** Bingapore Tram
Pa $ 211 b. New LB b
n. 23 Now b. 11
85-1/3 1.
D. 1-1/4
Wm. Pogels) Lane Crawfords
$18) b.
b. 181
21. 11-179
Mackintosh
H.K. Besity a
#$1 b
b. 1.25
H.L.. Taxis
Dee A. Wing fully paid
United Abastos
dinary) #20 m
between the amount of toANAZE. available and the amount of car-ELEKknskretion. -Interest Allowed on Current Azcounts, goes to be carried in the world. A er toysag Tobsooo and Fixed Deposits. Terms on appliesnote of greater confidence struck Every description of Banking Business another shipowner of world
**ing wide repute centres in his expres. Loans grantedion approved becurities, sion of opinion that orders for Epecial facilities for Home Exchange. new tonnage will be placed more
TSUYEE, PELĮ
[rapidly now that the political situa-
tion here is so much clearer,}}"
transacted.
Manager.
10 m.
*n. 600.
0.18
יז
KAIPING HOUSEHOLD COAL
In Lots of not leas than 1-ton
Delivered to Peak District (above, Bowen Road)
Bowen Road and Lower Levels Kowloon....
$71.00 per tex *** $20.00 地 $19.00 Orders should be sent in writing at least 24 hours, before the Cost is required. All orders most be accompanied by caab, 'Cheque, or Compradore Order
payable to “ Tas Kartân MiNING.. DMINISTRÁTION,"
THE KAILAN MININO ADMINISTRATION
HEAD OFFICE; TIENTSIN,
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 cut oil in. Singapore. Our brands, the "Coconut Tree,” "Elephant" and "Star" are renowned for their excellent standard, tent resulta, and clarity, and are free from impurity or adulteration. These products are already known in Chins and abroad and it is to facilitate our esteemed patrons that we take pleasure in announcing that Mosars. GOH GUAN HIN of No. 64, Booham 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 MERCHANT:
“UNION” BUILDING (OPPOSITE GRO)
Agents for ADMIRALTY CHARTS.
ROSS'S BINOCULARS and TELESCOPES KELVIN'S -- NAUTICAL "INSTRUMENTS ENGLISH SILVERWARE, direct from Manufacture
High Class English Jewellery,