HONGKO

ONGKUNG SHANGHAI THE BANK OF EAST ASIA,

BANKING 6RPORATION

HEAD OFFICE: HONGKONG. "AUTHORISED CAPITAL...... $50,000,000 1SUED AND FULLY PAID UT 83A0,000,000 RESERVE FUNDS

STERLING... £ 4,500,000 SILVER...... 825,500,0OV RESERVE LIABILITY OF.

PROPRIETORS...

820,000,000

COURT OF DIRECTORS:.. Work Pastelkus banjo, kanu Kİ, H.P. Whits, ba-Depoty Chairman.

"B. FH Emy. A. D, Lang, Baq

W. H. Bell, Esq. A. Platzer, Eq. A. A. Compten, daj T. (1, Weall. Bac. Hon. Mr.P.H. Holyoaki 3. M. Young, Esq.

!

CHIEF MANAGER;

A. H. BARLOW, Esq.

Manager: Shanghol-G. 11. STITT, Esq.

LONDON BANKERS Westminster Bank, Ltd.

CURRENT ACCOUNTS opened in. LOCAL CURRENCY and FIXED DEPOSITS received for one year or shorter, periods in Loen! Curraney, and Sterling on terms which will be quoted on application.

Hongkong, 26th November, 1024.

HONGKONG SAVINGS BANK,

Loss of the above Bank is. eduneted by the HUNGKONG" AND SHANGHAI ANKING COR PORATION Rules may be obtained our application.

INTEREST on deposita is calcolatori on the lowest.balance during anch com- ploted Calendar Month at 33 per cont. per monum, Should, there be zo bilance on any day in a month as interest will be allowed for that month.

Depositors way "transfer at their opti Balance of $100 or more to the HONGKONG & SHANGHAI BANK to be placed on FIXED DEPOSIT at CURRENT RATES.

For the Hosukena & HaLydia.

BANKING CONTORATION,

AH, BARLOW,

Chief Mara, er

Hongkong, 7th January, 1926,

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

"INCORPORATED BY ROYAL CHARTER, 1856, HEAD OFFICE: LONDON.

Paid-up Capitul

"Reserve Fund

Reserve Liability of Pro-

prietors

3.000.000. £3,900,000

.....£3,000,000

FOREIGN EXCHANGE and General Banking business transacted..

CURRENT ACCOUNTS opened and FIXED DEPOSITS received for 1 year ar shorter period nt rates which will be quoted on application.

A. H. FERGUSON, Manager.

Rongkong. May 8, 1923.

LIMITED.

HEAD OFFICE~

No. 10, De Voens Road, CooPI): Established 1919.

THE CHINA MAIL.

COMMERCE AND FINANCE.

·COMPANY REPORT.

Aurasaingo CAPITAL, 10,000,000.0 Hongkong Development Building

& Savings Society, Ltd.

PAID-UP CAPITALOnesiemmin $3,000,000,00

Части -

1

1750,000),

Every desarts_of Saxing and KeRUNNER

Business Banksid. Loans rated as

DROVEŇ SABILÍŘILA

Exigent allowed sa Cereal Depori nemen

che rate of 1we 27 DEL per ARBRES GE ANDERLE Faur Der a per Anak, And so Plas Depoelta al the fullomlag tRLAH JUL

Fou & months at the rate of 1% par sanom For 6 months at the rata) 42 par kozUSID. “ For Lomba at the rate di 4X per non 10. KAN TONO PO,

Chini ManAKOY.

Hongkong, March th 1999. .

NEDERLANDSCHE HANDEL

MAATSCHAPPIJ.

B

*(RWEHRÖLLA SEDE, Txabira Bocsurr.)

ETA 1894. Hondkonu BRAXON ESTABLICKED 1905,

Authored Capital (3,160,000,000 £1,500,0 Paid-U Capital .... 90,000,000 £ 6,546,670 Reserve Fand 20,045,92 1,470,419 Special Reserves... 22,000,000 £1,988,430

HEAD OFFICE :-Ameerdam EASTERN HEAD OFFICE Tatarin BRANCHES :—

Palorabn

- Djember

Kobe

Manfan

Bandjeansi Lelente Fjolikarta, Padang Kola-Rijs Panang

Bandung Bombay Charlbon

The Angie

Makarar

Roltena

|

Singapore Tagal

Palinask

Haoranx

Boeraba

Pecaloga Rangoon Bhanghai

Thiinta Weltevreden

LONDON BANKERS :--

』"

PEKING SYNDICATE REPORT.

P. & 0. S. N. CO., LTD.

Profits of the Peking Syndicate for the year ended last June September 1924, states the £114,940 for 1922-23. A sum of Report for the year ended 30th amounted to £129.678. against accounts show that after provid-£25,000 is again transferred to ing for depreciation, there is a reserve for redemption of expendi- The report for presentation to crèdit balance on the year's ture on collieries, while this time the shareholders at the first ordin-accounts, including £101,873 £6,000 is allocated to reserve as brought forward from last year, against shares in other companies, ary general meeting reads follows:

of £1,072,007. The directors pro and 27,511 to reserve against The Board of Directors have pope to deal with this amount as debtors. Shareholders still have now to lay before the sharehold- follows:-Five per cent, dividend to go dividendless, the credit ers a statement of accounts, and on the Freferred stock (of which balance of £187,885 being carried balance sheet for the period from 24 per cent. was paid as interim forward. December 28, 1929, to Septem- dividend), £152,000; 12 per cent. ber 30, 1924.

dividend on the Deferred stock, free of income tax (of which 6 per cent, was paid as interim. dividend), £431,102; reserve for redemption of Debenture stock, #249,150; write off discount on Debenture stock and cost of issue, £199,711; to carry forward to next year. £101,033.

The Net Profit for the

above period is... $23,335.01 Preliminary Expenses

8,612.87 written off

Balance to be carried for- 'ward to the credit' of.

next year's account..$14.723:04

17

"DEEPENING SUEZ CANAL.

EXCHANGE,

Hongkong, January 13, 1995, Un London-

Bank, Wire...||

(1

On demand.....3/4 1/16: 30 day'a sight.... 4 months sight -24-1 Credits 4 months' night"...3/4-1 "Documentary, 4 months sight-2/e On Paru-

Ondowsad...

Ora New York

1040

Oredits, month" sight... 1140 On demand.

Dom

***

On demand...

Credita, 60 days) sight On Bombay--

Wire

16)

166

0

On

On demand..

leath Wilso On demand. On Blogsport

On-demand... On Manila

On demand.... On Shanghal

Directors. Since the statutory meeting in March, 1924, Mr. R. G. Shewan, owing to the stress of his The Alexandria correspondent other duties, his resigned from of the Federation of British In- our Board, and Mr. E. H. Beavis dustries Bends the highly import-. has left the Colony on furlough.ant piece of information that the Under Article 100 of the Articles Suez Canal authorities are said to of Association Mr. Beavis has be taking the necessary prelimin- requested that Mr. D. H. Blake beary steps towards deepening the appointed as his substitute and canal at once to 33 feet, and to 86 this has been agreed to by your feet by the end of next year. This Boerakarta (Ralo) Board. Hon. Mr. C. Montague will enable vessels of the size of Ede has been invited to a seat on the "Mauretania" to pass through the Board and has accepted. These the canal, and that will make it appointments require confirma- much more important to us. It will probably draw some of the tion.

Under Article 92 of the Articles Australian traffic which has been of Association, Dr. J. C. Dalmahoy diverted to the Panama route, Allan and Messrs. Chun Sau-fung and it will also strengthen the and Leung Yan-po retire but being case for the maintenance of our eligible, offer themselves for re-military control of the canal zonë, election.

for if such control is essential to the Americans at Panama and consistent with the doctrine of self-determination, we have an equally moral right to exercise it between Suez and Port Said and at Cairo, which is the strategic point covering both ends of the

National Provincial Bank Ltd. Carro-pondents all over the world,

BANKING BUSINESS OF EVERY DESCRIPTION,

W. H GROSKAMP,

Agent.

Hongkong, November 6, 1924.

司公理管業實法中

SOCIETE FRANCAISE DE GERANCE

11

DE LA BANQUE INDUSTRIELLE

- DĚ CHINE. ETABLISSEMENT FRANCO CHINOIS

(Incorporated in France).

5, Chater Rond, Victoria, Honglong.

HEAD OFFICE: 74, Rue St, Lazare, Paris,

Subscribed Capital fully

paid-up. Reserve Fund

2

1

Fra. 10,000,000 Frs. 10,800,000

Working fund provided by THE BANQUE INDUSTRIELLE DE CHINE.

Paria:

Frs. 50,000,000,

BANKERS:

Societe Generale, Nationale de Credit. Paris et des Pays-Bas. London: Midland Bank, Ltd,

Banque Banque da

BANQUE DE L'INDO-CHINE. | New York: Irving Dank Columbia Trust

HEAD OFFICE:

ti, Poalerard Baussman, Pacm. fcribi l'apital. Fr. 72,000,000 LI Pri-Op (spital ..... Fa. 684,400,000 04 Route Funds ... Pr. 30,667,289.84 BRANCHES

Bangkok

Понковк Mongiso Nor

Caston

Djiboni

Baiphong Hukow

Puprate Paking

Prin Pena

Haun

*Pondicherry BANKERA:

*

Kalgoo

Shangha Singapore Tiantain To.ninu -Venuenfa

Co.

Every description. of Banking and Exchange Business transacted. Corres- pondents throughout the world.

M. FITZ-HENRY,

Manager.

10th November, 1924.

THE BANK OF TAIWAN, LTD.

(Taiwan Ginko.).

Incorporated by Special Imperial Charter, 1800,

Auditors. The accounts have been audited by Messrs. Pereyr Smith, Seth & Fleming, who are eligible for re-appointment.

NAM PAK HONG PRICES.

This Morning's Quotations.

This morning's Nam Pak Hong quotations, basis usual guild terms, for "spot" goods, were és follow:-

Java Sugar, per picul net:- No. 24 rough white... 9.90 No. 24 fine white .... 10.50 No. 18 rough brown... 9.90 Flour, per sack of 50 lbs. :- "XXX"

"White Greens" "Kingfisher"

canal.

LOCAL

On demand...

J

30 days sight (private paper) "On Yokoham

On demand...

Bilver

་་་

TUESDAY, JANUARY 13, 1925.

A

GREEN ISLAND CEMENT CO. LTD...

BEST

PORTLAND

CEMENT

SHEWAN, TOMES & Co.,

14

General Managers

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 @ $4.50 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, Central.

158

14

100

Phone Central 1913'

111

nám.

145

Gold Leaf, 100 fize (per tasl) 49 40 Sovereigns (Bank's buying rate) 8.36

(per oe)

SUBSIDIARY COINS. Hongkong 50 ceata

bab.

H

3 X pm.

10

P

*

6

pm.

11

Canton dola Bar Silver in Hongkong Chinese Copper Cash ... Rate of Native Intorgat Chinese Copper Cents... Chinese Bub. Goln Hongkong Suh Coin

...269 %, dis.

10% pm..

·ན

10 % pm. ... 7% p.. % pa

...28% die. par,

SHARE MARKET.

OFFICIAL 27ATIONS.

JANUARY." Names

mak F.S.B.C. T. on Rolling rata"

Leadoo

II A.M.

Stock Exchsage.

JANUARY 13 Sharabcokers' soolation.

2/4 ... 678-3/4

214

373-1/4

"London-£139 b."

b. 1200

£ 20 b,

b. £80-1/#

£ 11 n.

ICO b.

and on Rhanghai Hongkong Banka 1200 1. $4.12

25 smartared Bank.... 3.50

3.48

GOLD STANDARD..

RESTORATION IN SOUTH AFRICA.

(Reuter's Service.)

Pretoria, January 12. The Government has decided not to introduce legislation to postpone the resumption of gold payments beyond June 30. Ac- cordingly specic payments will be resumed on July 1 or such earlier date as may be necessary under the existing legislation.

'The Yen 00,000,000 foregoing decision accords with Yen 52,500,000 the recommendations of the Yen 12,980,000 special Currency Commission,

which also recommended HEAD OFFICE:

South African Reserve Bank in TAIPEH, FORMOSA,"

future to operate more actively in the open market with a view to assisting the restoration and maintenance of the gold standard."

IN FRANCE: Comptoir NalunaldEscempt Capital Subscribed

in Paris Crell Lyonnais, Zangne de Fars et Capital (Paid-up)

Payn Bay: Creil Industrial at Commercial Reserve Fand

4 Dianerale,

IN LONDON The National Provincisi a

"nion Bank of England, Lad.; Curi

Sanal d'Escompte de Paris Credit Lycanle IN YEW YORK: J. P. Morgen & to French Americas Banking Corporation;

Jarly This! Co. of New York.

Interest, alwed on Current Accounts and Prm Deposit nccording to Arrangement.

Every deration of Emaking and Exchang Bain tracted

A. LECOT,

Manager

Hongkong, March 20, 1924.

THE YOKOHAMA SPECIE

BANK LTD.

Established 1880.".

V

BRANCHES:

JAPAN-Tokyo, Yokohama, Kobe, FORMOSA--Giran, Kagt, Karenko,

Osaka, Moji. Keelung, Makung, Nanto," Pinan, 'Shinchiku, Taichu, Tainan, Takow, Tamui, Tonyen, Ako. CHINA.-Shanghai, Hankow, Kinkiang,

Amoy, Foorbow, Swalow, Canton. OTHERS. Bangkak, Hongkong, Singa- pore, Socrabaya, Samarang. Batavia, Bombay, London, New York,

LONDON BANKERS: London County Westminster and Parr's Bank.

Capital (fully paid-up) Yon 100,000,000 Reserve Fund"... Yon 77,000,000 aureen Continent, Buana, Man.

Head Office:-YOKOHAMA.

Branches and Agencies at:

"Batavia."

Bombay.

Buenos Ayres,,

Calcutta.

Changchun.

Dairen (Dalny),

Newchwang.

New York.

1) Danka,

Peking. Rangoon,

Rio de Janeiro.

Fengtien (Mukden). Saigon.

Hamburg..

Hankow.

Harbin.

Honolulu.

Клі Уцел.

Kabe.

London.

Los Angeles.

Lyona,

Maniin.

Nagasaki

Nagoya

San Francisco, Seattle. Shanghai. Shimonovel Singapore. Sacrabaya.

Sydney.

Tientsin

Tokyo.

Teinenfu. Tsingtao. Vladivostock

Interest allowed on Current Accounta. Deposits received for fixed perioda at rates to be obtained on application.

C. ARIMA,

Manager. Hongkong, 27th October, 1924.

1000000 Everything New |

New Shop. New Stook. New Price Suitable for your pocket.

All kinds of Indian and Chinson Bilka Bha Embroideries, ete.

always in stock. "

SIND SILK STORE,

ORA BUILDING, Que's Road Centrik.

The Bank aus Gerrepantants in the Commercial Centro in

Indo-Uhes, Bism, India Finland, Java, and Dawh Indi, Al ralia, Amerien, ¿tilen, do,

con

Interest allowed on Carat Accent, and. Fixed Deposits at rates which will be quoted on applica Z. YAMAMOTO, Manager.

HONGKONG BRANCH,

a, Des Vaux Road 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

$18,278,000.00 Reserve Fund

9,629,425.24

BRITISH TRADE.

INCREASES FOR. DECEMBER.

the

London, January 12. "The Board of Trade returns for December, 1924, show that the value of the imports

Wag £131,609,000 and the exports £69,307,000, which constitute in- creases of £12,869,000 and £1,157,000 respectively, compared with November.Reuter.

SHANGHAI COTTON.

In their report on the Shang. hai cotton marker dated January 3, Messrs. J. Spunt & Co. state:-

China Cotton.-As outlined in our last Issue, our market, since

P. & D. Rank... East Asia Rank Marcantile Bank & 3.29:1/1 b...

A do.

£13.18 b.

0

Marine Insurances

Canton trends..... North ohias Insurance Union Insur1006,

Inaruman Yanetazo

China Undira

Far Krateru

Fire InsuraDOGS

t

('aina Fire Toursace ... Houcknog Fire Insurance *hipping

Douglases H.K. Steamboats....... Indo-Chicas (Prof.

a. 211

"b, 100-

h " རྗ“ 249}

b. "0" 12

bi 755

n.

b. tel

140

765 b.

€ 140 1.

tion h.

a. 41

2:30 t.

.b, 2.0 8. 2.40

€180 b.

b. 180

718

710

+

#53 b.

4.

$30 b. 18 25.

39. 381

28

in.. (Def)) do.

120 n

(4.5. Rog.).

199 D

11 120

Star Ferries

Shell Transporta

8.

1.

987.

138 2.

R. 140

Hongkong Tom nad Lighter #3 60 b.

b 3.80 $

Oriental Nav. Co.

$250 2.

250

Rafinaries

China Sugar.

$84. b.

* In

A 41

1

b. 70%

. 13

8.1/10.

D. 6-1/2

n. $.

n..2.90

Malabon Suka?

Mining

Kailan Mining Adm langkas

1.0 mb. $2 b. Shanghai Loans

...87 B.. Bhai Explorations... | #5 ¤. Bingle Langkat... 10-1/2 n.

Tronoh Minee

Ural CARD,

*

Dosks, Wharvon, Godowns, Mo.

H. & K. Wharts

3 n

56. D.

BA B.

"P. 2.80 n.

$208h 108.29/9 4.

b. 08. 210 en 903

B 150 m.

Bhai Dooks to

T 08/13

...

T7.40.A.

$310 b.

E, & W. Dock

New Engineerings...

E. K. Engineerings. - ...) ... Lands, Hotels & Baildloge,

Shangbai Hongkowa

A.K, & 'bai Hotela 818 1/3 n. New-17-1/ 2. H.K. Developments

90 at D. (hine Bus

10 n.

Hongkong Lands... Humphreys Estates Kowlook Lands

Land Reclamations Princes Building

H.K, Territorială..

Rural Lands

Cetten Mills.

o

138 .177 46.

$150 1.

#31 6.

10 0.

b&s. 148

a.

b. 7.60

(b 18 18.40 Town. 17-1/4

b, 80 Cents

Ewo Cotton Mills, Ltd. ... Tia 12.60 b. 12.80.90° DL,

TH

*** For

ויר

T4 10 b ........ T Bijb, Now $83. b.

'Kong Yiks Loou Kung Mow Orientals...*** Shanghai Cottes Miscellaneons.

Yangtaxepoos. *** Cement*

(19-3/4 n. Now 8) b. Cerents "Combined' $184 n. .China-Borus

Chios Lights (Old)

Macso do

Lad

$19.18 b. do. (NOW) $12) b. Comb, £3 6 251 a. China Providente #184 b. Now 6-1/tm. Providents Combined $3-3/4 b. Dairy Farms. ne

$16 H.K. Electrics

457 n. $ iż n. Hongkong and Canson_Tone - Hongkong Ropa... ... 19) n.. New 10-1/2 a. hopes Complund...

$58 0. Hongkong TramWATU... '... $521 b. $8§ 8. Peak Tramwaya (old)........25 8.

Do

(Now)

11-1 n. Steam Laundelės H.E. Stool Foundry Water-boats

that time, moved with but very slight" modulations in a steady direction and toward the close a general firmness is being ex- perienced, evolving an advancing tendency in prices on all grades. This strength may be said to have been engendered not so much any pressing demand on the part of HEAD OFFICE: PEKING.

domestic spinners as by reason of the following potent factors, name. HONGKONG BRANCH. QUEEN'S ROAD CENTRAL.

ly considerable purchases effected Branches and Sub-branches all over for export to Japan, negligible China and Correspondente in Europe, receipts from the interior and the America, and other parts of the world. steadily continuing appreciation in London Bankers: The National Provin- Mid-Americans and Indians coup. cial and Union Banic of England, Ltd. fed with the gradually weakening tendency in exchange rates. And while such factors preclude a large domestic staple, notwithstanding flux of the foreign fibre, the

Its present enhanced value, may be considered-more-attractive-for-anton lo Interest allowed on Current Accounts domestic consumption and should and Fixed Deposits, Torms on applica be availed of at all times for im

Every description of Banking Business as in the long run, viewing the mediate and future requirements, transacted.

Loans granted on approved recurities, situation circumspectively, auch Special facilities for Home Exchange outlays will eventually prove TSUYEE PEI, remunerative. Tons of the market

Manager,

is steady to firm.“

| The Guaranty Trust Company of Now"

York

New York Banke: The Laving

National Bank.

The Equitable Trust Company of New

York.

tion.

:

Watson's

***

Singapore Tram Wm. Powells Lane Omwfordai,

ELK. Construction Nanyang Tobacco Binneres ***

5. 10.107 an 107

b. 29. 0

д.

150

8. 4

B. 12,80

b. 4,10

n. 60 Now 33.n.

(n. 20 New 8-12 (Oomb. b 371

SA. 19.90

Clown. 12 Comb. s. 25

(b. 18) sa 18-3/4 Now as, 6-1/2

Cotab. b. 83

4. & u. 17

644,8.65

19 New II.

***

M

101 b. 12. New 12} b. 180 n.

b. 191

n. 21 Now n. il 0.2.1/3

TH

... 18

$180,

b. 181

7.80 b.

b. 7 an 8

-11-1/4

Mackintosh */ * $*// 2.

B Banity

HETA STA

Der A Wine tally paid

Dart Do paid

United, Absabon (Founders)

do

003

P. O. Box 698.

Standard of the World

CARBO-LASTIC

Semi-Liquid Asbestos Roofing

14

STOPS LEAKS IN ANY ROOF. 'PRESERVES » NEW ROOFS. REBUILDS OLD WORN-OUT ROOFS.

WATERPROOFS FOUNDATIONS.

ADEQUATELY GUARANTEED.

·AGENTS :--

DODWELL & CO., LTD.

MACHINERY DEPARTMENT.

KAIPING HOUSEHOLD COAL

Delivered to Peak District (abere Bowen Road)

The

Bowen Road and Lower Levels... Kowlson

In Lots of not less than -ten-

$21.00 per ton $80.00 $18.00 Orders should be sent in writing at least 24 hours, before the Coal fe required. All orders must be accompaaled by cash. Cheque, or Compradore Order

payable to THE KAILAN MINING DMINISTRATION,"

THE KAILAN MINING ADMINISTRATION

HEAD OFFICE: TIENTSIN.

DODWELL & CO., LTD., Agents, Hongkong,

00000000000000

Phone Gerrard 5476 Tel. "Jamaco" London. A. C. DISS

(Late of D9 BROS & MACKINTOSH, LTD,),

HONGKONG

C/ CAMPBELL LATHAM & CO.

TAILORS

59, Condait Street,

· LONDON, W1

For over ten years we have been engaged in the manufacture of coconut oil in Singapore. Our brands, the "Coconut Tree." *Elephant." and "Star" are renowned for their excellent standard, test results, and olarity, and are free from impurity or adulteration. Thoms producte are already known in Chine and abroad and it is to facilitats our esteemed patrons that wo take pleasure in annonacing that -Mésars, GOH GUAN HIN of No. 64, 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 MEROHANT3 |

UNION BUILDING (OPPOSITE G.P.O.)

Agents for ADMIRALTY CHARTS.

*ROSS'S BINOCULARS and TELESCOPES KELVIN'S NAUTICAL INSTRUMENTS ENGLISH SILVERWARE, direct from Manufactu

High Glass English Jewellery,

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