1.
Page
HONGKONG & SHANGHAI THE BANK OF EAST ASIA,
CORPORATION,
ARAD OFFICE: HONGKONG.
AUTEORIBED CAPITAL...... $56,000,000 ISSUED AND FULLY PAID UP $30,000,000- RESERVE FUNDA:—
STERLING... 4,500,000- SILVER...... $25,800,000 RESERVE LIALITY OF
PROPRIETORS.dem!
$20,000,000
A
COURT OF DIRECTORS: W... Patienten, Earjumal,hurrika, **.. H. P. Whe, Kal-Depaly Chalrusan,
14.Ó. Lang. Exq
1. A. Plammer, Esq.
B. D. F. Baith, E.
W. H. Bell, Eaq.
A. H. Compton, Gaj.
T. 07, Wall, Bag.
Hon Mr. P.H, Holyoak, G. M. Young, Eq
CHIEF MANAGER !
A. H. BARLOW, Esq.
Manager: Shanghai-G, H, STITT, Esq.
LONDON BANKERS. Westminster Bank, Ltd.'
CURRENT ACCOUNTS opened in LOCAL GUNRENCY and FIXED DEPOSITS received for one year or shorter periods in Local Currency and Sterling on terms which will be quoted on_application,
Hongkong, 26th November, 1924.
HONGKONG "SAVINGS BANK.
THE business of the alove Bank is conducted by the HONGKONG AND SHANGHAI BANKING" COR- PORATION, Rulis may be obtained co applicatlen.
LIMITED.
HEAD OFFIUE -
No. 10, Voeux Road, Central, Established 1930. Atticoatem QAPITAZ, vie#10,000,000,00 PAID-UP CAPITAL...................... $5,000,000,00 Kazava Fundionumune $750,000.00
Every descripMog of Bankdag and Exchange business traJAN ONČÍ, Lonka kmated on ap- proved securISION,
Internet allowed on Carrent Depont LAVDIMM at the male of Two par oral, per apasm on during A000 Tour per cent. per annum, and on Fixed Dapoita si the following tahan ten
For months at tău rhin of IX per nazna For 1 months at the ràba?" 4% per massa. For 11 months að the rate în 1% pAT KANAL KAN TONG PO.
Chikt Manager. Hongkong, March stk 112%. |
THE CHINA MAIT,
COMMERCE AND FINANCE.
UP-COUNTRY PRICES,
SUGAR PRICES UP.
EXCHANGE FLUCTUATING,
!
EXCHANGE.
Hongkong January 18, 1918.
La Loadin
"Bank Wire...
On demand... 1/16
%
*
30 day's sight...
4 months sigh Credica 4 months' sieht.../4-2
Documentary, 4 monthe sight 8/6
On Faris-
On domand... '..
Credits, monthy' sight
On demand...
New York-
On demand..
10,40
1140
...DOTD.
Credits, 10 days” light ... 67% On Bombay--
Wire On demand
Or Jaloutta-
Wire
On demand.
On Singapore--
On demand.... On Manila-
On Shanghai - On demand.
+A
·1582·
150
100
111
mozi.
there is no general confidence that the crop has been fully estimated. The ginning.returns: were 12,225,000 bales up to November 30. The ginning figures still to be issued will shew the exactitude of the crop estim- (From Our Own Correspondent.) ute. Egyptian cotton prices have advanced phenomenally as will be Pakkai, Kongmoon, Jan. 14. .
ween from the figures quoted above. A very heavy speculative Sugne (native crop) prices interest has developed on the long have risen to a level 30 per cent. side, owing to the shortage of righer than for the corresponding officers, Short covering of near period last year. Retail sugar deliveries is stated to have been is selling at as much as $20 per almost of record dimensions. In picul
the Manchester market the Exchange on Canton subsidiary increase of enquiry, noted last coins, the basis of money here,, is, week, has been well" maintained. nuctuating. Premium on Hong As yet, however, the amount of kong bank notes after dropping trade being arranged has not to 22 per cent..has climbed back shown much improvement but to 27 per cent.
there appears to be every likeli- hood of more active buying in the near future as much of the demand is for early delivery. Conditions in Some of the larger märkets have not been satisfac- tory owing to the slow movement;
per. London, January 14. of goods recently. There
42 pm. It is authoritatively stated that appears to be no reason to doubt Bar Silver in Hongkong ...10 % pm.
205.5%, dia.. in consequence of the downward that this is but a temporary oblace Depper Cash
in 10 % pm. tendency of the price of tea, the phase, however." There are now Chinese Copper Couts... & pm.
... 7.X p... Royal Commission on food prices some signs that the phase is pass-Rate of Native Interest
...28 dis.. is now not likely to turn its atten- ing already and buyers are slow- Chinese Sub. doln tion thereto as a matter of ly it seems, realising that cloth Hoparong Bah. Cola...1/10% pr. Soerakarta (Solo) special urgency, although the prices have remained very steady Board of Trade is keeping a care-and in fact are much dearer for ful watch on the price in the in- fine goods. American yarn prices are unchanged to d. per lb.
NEDERLANDSCHE Handel MAATSCHAPPIJ.
(NEDERLAND TRADES Bocorr.)
Betamiznin 1834. HomeKero BRANC ESTABLIERD 1906,
Authorized Capital .150,000,000 £12,500,000 Paid-up Capital...G. 80,000,000 £6,660,570 Bowers Fund G. 30,045,093 € 1,470,419 Special Reserve...13. 22,660,000 £ 1,898,350
HEAD OFFICE :-Amatardam, EASTERN HEAD OFFICE :--Eatavin, BRANCHES — Bandermain Bandong
Cheribon The Hague
Cleats Poljakarta Kota-Badja Padang Penang Bingapor
Rotterdam
INTEREST on deposits is calculated on the lowest balance during each cornega plafod Calendar Mouth at 31 per cent. per annum. Should there be no balance. on any day in a month no interest will be allowed for that month,
Depositors may translor at their opción' Balanco of 8100 or more to the HONG KONG & SHANGHAI BANK to be placed on. FIXED DEPOSIT at CURRENT, RATES
For the Foxxons à SHANGHAI BANKING CORPORATION,
A. H. BARLOW.
Chial Manager
Hoogkong, 7th January, 1926. →
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINĂ.
A
INCORPORATED BY ROYAL CHARTER, 1859.
Paid-up Capita
HEAD OFFICE: LONDON,
£3,000,000 £3,900,000.
.£3,000,000
Reserve Fund.
prietors.
Reserve Liability of Pro-
FOREIGN EXCHANGE and General Banking business transacted.
CURRENT ACCOUNTS opened and FIXED DEPOSITS received for 1 year' or shorter period at rates which will be. quoted on application.
A. H. FERGUSON... Manager.
Hongkong, May 8, 1923.
BANQUE DE L'INDO-CHINE.
www
HEAD OFFICE:
96, Boulevard Hazamatia, Paris Subscribed Capital Fr. 72,000,000,0€ Paid-Op Capital ... Fr. 68,400,000.00 Reserve Funds ... Fr. 89,667,289.54 BRANCHES Bangkok Battambang
auton
Dibouti
Haiphong
Hankow
Наро
Hongkong Saigoa
#
Manglee
Shophal
Naumies
Papoole
Paking
Ennru-Tanh
Ringspore Tiasin Toorane Yananfa
Pondicherry BANKERS
IN FRANCE: Comptoir National d'Escompt de Pasis; Credit Lyonnais, Banque de Paris et der Para-Baa; Crodit Industrial et Commercial Societe Generale.
IN LONDON: The National Provincial; d Unisa Bank of England, Lady Curapro National d'Easompte de Paris: Credit Lyonni
IN NEW YORK: J. P. Morgan & Co. French American Banking Corporation; -Guaranty Trust Co. of New York:
Interest allowed on Current Aconante and Fire Deposita coording to arrangement
Every deadpilot of Banking and Exchang Business transited.
A. LECOT,
Manager Eongkong, March 20, 1924.
THE YOKOHAMA SPECIE
BANK, LTD.
Established 1880,
Capital (fully paid-up) Yen 100,000,000 Reserve Fund. Yen 77,500,000
Head Office: YOKOHAMA, Branches and Agencies at:
Batavia.
Bombay.
Buenos Ayres.
Calcutta.
Changchun.
Dairen (Dalny).
Newchwang
New York. Osake.
Peking.
Rangoon..
Rio de Janeiro.
Fengtien (Mukden). Saigon.
Hamburg.
1. Hanków.
Harbin.
Honolulu.
Kal Yupa.
Kobe.
London,
Los Angeles.
Lyons.
Manila.
Nagasaki,
Nagoya,
San Francisco. Seattle.
Shanghai,
Shimonoseki Singapore. Socrabaya.
Sydney.. Tientsin. Tokyo. Tainantu.
Taingtau. Viadivaniork.
Interest allowed on Current Accounts, Deposits received for fixed periods at zates to be obtained on application.
C. ARIMA, Manager. Hongkong, 27th October, 1924.
Everything New! New Shop. Now Stook. New Prices. Baftable for your pocket,
All kinds of Indian and Chinese Bišku Shawl Embroideries, etc. always in stock..
SIND SILK STORE,
CHINA BUILDING, Quende Hond Crates).
Makassar
Palembang
Pontianak
Bombay Djember Kobe Brian" Pacalanga Rangoon.. Shangha
Samaring Boersbain Tilathap LONDON BANKERA --
Weltevreden.
National Provincial Bank Ltd. Correspondents Aff'over the world.
BANKING BUSINESS OF EVERY DESCRIPTION.
W. H. GROSKAMP,
Agent.
Hongkong, November 4, 1924.
司公理管業實法中
SOCIETE. FRANCAISE DE GERANCE
DE LA BANQUE INDUSTRIELLE DĚ CHINE. ETABLISSEMENT FRANCO
"CHINOIS.
(Incorporated in Fratice).
5, Chuter Road, Victoria, Hongkong. *HEAD OFFICE: 74, Rue St. Lazarey
Puris.
Subscribed Capital fully
mid-up... Reservo Fund
Frs. 10,000,000
Frs. 10,800,000
Working fund provided by THE BANQUE INDUSTRIELLE DE CHINE Frs. 50,000,000.
}
BANKERS:
Generale,
Societe
Paria:
Banque Nationale de Credit. Banque de
Paris et des Pays-Bas, London: Midland Bank, Ltd.
New York: Irving Bank Columbin Trust
Co
TEA FALLING,
ANOTHER DROP LIKELY..
terests of consumers,"
#
It is officially stated there were lower. Egyptians are advanced thirty-five million pounds more ed to 214d. per lb. India has tea in Britain at the end of 1924 not bought"
much although than 1923, and it is believed the enquiry of all kinds is good. falls in prices last month and this China demand has shewn some month will be followed by another revival and business has been shortly-Reuter. »
Į done in greys, whites, fancies and venetians; the turnover has not been large however. For Egypt | and the Continent there has been. a steady small trade done. The smaller markets of the Far East have furnished a miscellaneous enquiry,
P AND O. REPORT.
It in times such as these that careful husbanding of resources bear fruit, and the directors of the Peninsular and Oriental Steam Navigation Company are fully justified in claiming that but for their conservative policy in past. years the dividend paid last year, and now again recommended, would not have been possible.. The figures given recently show.. larger profits; but in November, 1023. an issue was made of £3,500,000 five per cent. Debenture stock to be applied to the general purposes of the company and the construction of new vessels. Until that expenditure becogies produc- tive a heavier burden has, there- fare, to be borne, which explains the foregoing remark. As will be seen below, the steamer account has increased £2,600,000.
1923-24
Every denes iption of Banking, and Exchange Business transacted. Corres-Steamers. pondents throughout the world,
M. FITZ-HENRY,
&c., ind Manager.
payments
10th November, 1924.
THE BANK OF TAIWAN, LTD. (Taiwan Ginko.)
Incurporated by Special Imperia Charter, 1800,
Capital Subscribed Capital (Paid-up) .... Reserve Fund
Yen 60,000,000 Yen $2,300,000 Yen 12,080,000
HEAD OFFICE:
TAIFEN, FORMOSA.
BRANCHES:
اویر
1922-23
ship's......Z14:674,616 “E12,014,468
for new
Freehold &
other.
property.
956.749
905,887
Sundry
invest-
ments,
cash, and.
debis owing to
to the Co. 13,207,734 12 755,060 Total assets 29,510.322 26.100,626 In connection with the building programme, it is hoped that there
JAPAN-Tokyo, Yokohama, Kobe, will be a reversion to the full pre-
Osaka, Moji. FORMOSA-Giran, Kegi,
war schedule on all lines. During Karenko, the past year trade conditions Keelung, Makung, Nanta, Pinan, Shinchike, Taichu, Tainan, Takow, proved difficult for the company Tamsul, Tobyen, Akas
caused by general depression and CHINA-Shanghai, Jankow, Kiúkinng, the feeling of unrest. Labour con-
Amoy, Foochow, Swatow, Canton,ditions, moreover, did not improve, i OTHERS. Bangkok, Hongkong, Singawith the result that most of the ships
pore, Sourabaya, Sumerang, Batavia, Bombay, London, New which the company had looked. forward to being ready by the ad of the year are still undelivered. The board are as careful of their predictions as they are of the Bnances of the company, and they The Bank haa Carremandenta in the Commeris!
do not now indulge in prophecies cheris Tsingtas, Japan, lado Chinelas, Aartions of a year ago of a slight im- Centrala the Buropean Continent, Bean but it is remarked that the indica"
Indo-Chine, Star, niin, Phlippln lnnai, dây raila Amorten, Afrion, do,
York
LONDON BANKERS: London County Westminster and Parr's Bank.
provement in outward trade have
Deposit at rales which will be quoted of apples not materialised, and the war in
Interest allowed na Cairest Account, ad Fixad
itua.
Z. YAMAMOTO,
Manager.
HONGKONG BRANCH.
9, Des Vœux 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 Reserve Fund
China has affected outward and | homeward business with the Far East. Whatever may be in store, it is obvious that the great sea-' carrying industry is not working at full capacity in moving com- modities between, seller and buyer. All other indications of prosperity are illusive.
L1
HOME MARKET.
$18,278,600,00 Messrs. James F. Hutton & Co, $9,829,425.24 Ltd., Manchester, report
follows under dute December 10:-
HEAD OFFICE: PEKING.
York
On demand...
+
1447
30 days' sight (privata paper) On Yokohama On demand... Gold Lest, 100 fine (per tael) 46 60 Sovereigns (Bank's buying rate) 8.36 Bilvar (per cs) .......
SUBSIDIARY COINE.“
Hongkong 50 cente sub.....
10 11.
Canton coin
5.
11
31
The report of J. and P. Coats covering the year of June 30, 1924, shows an advance of nearly a quarter of a million in the net allowing for all taxation and de profits.. Gross profits, after
compared with £2,976,348, and preciation, totalled £8,193,420,
the net profit amounted to £3,107,213, against £2.889,959.
TRY THIS FOR YOUR COUGH.
A nervous backing cough cannot be cured by a glass of water, but it will disappear under the healing and sooth- ing affect of Chamberlain's Cough Remedy. Every user is a friend. It is for sale everywhere.
LOCAL SHARE MAR KET.
OFFICIAL QUOTATIONS.
JANUARY 15. Names.
I AM
Stock Exchange
tank H.S.B.U. T.T. on selling rato
"London"
and on Shaaba Hongkong Banks 1200 b.
Chartered Bank P. & Bank
Fast Aria Bank Mercantile Bank A. B £7-1
do. Marine Insuranoon
0
£13.
Canton Insurado... North China Invarvace · Daion forurenes ..
Insurance Tange
Chios Undira
Far Eastern ...
Fire Insurancaa
...
Chion Fire Insuranes....
.. קי.
Bangkong Fire Insurance...718 n. Shipping
· 3-1/4-
D. £11.
b. 100
b. "A" 219) b. "0" 19
b. 755
THURSDAY, JANUARY 15, 1925.
GREEN ISLAND CEMENT CO., LTD.
BEST
PORTLAND
CEMENT
SHEWAN, TOMES & Co.,
General Managera
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 Wagong-@ $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. Contral.
Phone" Central 1913
P. O. Box 845.
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:
KAIPING HOUSEHOLD COAL
In Lots of not less than ton →→→→
ADEQUATELY GUARANTEED.
AGENTS are
JANUARY 15, Sharebrokers' Assosiation.
DODWELL & CO., LTD.
MACHINERY DEPARTMENT,
9/0
***
$73-1/4
London-Eiss b.
b. 1200
£ tib,
b.
£20.12
£.11 n.
ICO b.
b.
b.
1
705 m.
$140. 1960 b.
140
b. 101
b. 40
230 b, 2.40 gs,
h. 2.30
AM
180 b.
180
b.
10
55 b.
ង
ጸን .
38) b. 38-119 8%.
8 & 85.38!
$ 88 m.
$ 180 n.
(H.E. Reg.)
+41
8. U.
+++
9137 b.
13 70 b.
D. 286
2807. 5. 32. 3. & 20.
A B
1,41
+
70/- 1
b. 70j
mb. 8:2 b..
D. £3,
1.
6 6.
$10.1/10.
n. 9.
• 3 д
4 1.90
66-1.
b +57-
.8. D.
P. 1.80 b.
b 209. It
147 149 **. T 108-1/2 11. T744
8. 148/A
Donglares...'
H.. Staatnboate
Indo-China (Prat,
do. (Dof.))
તુત.
Shell Transports...
Star Ferrien
*
Hongkong Tags And Lighter
Oriental Nav. Co,
Refineries
Chion Sugar...
Malabon, bugur
Minteg
Kalan Mining Adm Langkata
Shanghai. Loans
***
Shai Exploration.......... ) 46 n...
Single Langkate...
RAUD
Tronoh Minos
Benguet Cons
Ural Casp
Dooks Wharves, Godowns, &c.
H, & K Wharfs
R. & W. Dock
S'hal Dockaive New Engineerlags. H. E: Engineerings. Lands, Hotels & Buildings,
Nbangtal Hongkowa
1
***
F.K. & S'hai Hotela 118 1/8 n. New-17.35 6a, HK. Developibenta .90 ote.. China Brace
$10]口. Hongkong Lande ... Humphreys Estates ... Kowloon Lands Princes Building... Land Reclamations HK. Territoriale... Rural Land... Cotton Mills.
***
Ewa Cotton Milis, Ltd. Kung Yike Leon Kung Mows... Orientals.
· Shaughal Cotton ...
Yangtssopoon...
Miscellaneous.
Coments
...
$238b,
b.
.་་
#-
B150 a.
$36. $10.0.
... The 12.00 b, 12,80 sa.
A
... T4 10 be
Tel. Now #83 b,
-
119-3h n. Now Bạn
Cements "Combined' $28 b. 18); cm.!
China-Bornece
Chias Lights (Old)
$10.15 b..
do (Now) (121 b. Comb. 251 b.
2. **
2.
120
88/-
8. 190
n. 4.15 84.35
พ. 18
7.80
(b 18 15 New- (b 17; sa 17}
b. & s. 80 Cents
t. 1074
b. 92.10 ss 32.40
D. 150
a. 3
b. 19,80
b. 4.20 n. 60 New 22 1.
(b. 19) Nawn 8-1/2 (Comb, b 181 = 28.51mm 18-1/9
. 18.90. (New 6. 12 Comb. m. 24-1/2/95 (b. 16-1/8 Now b. 8-3/4 Comb. b. 89.15
"Chins Providents $18) b. 17. Now b. & sa. In c
Providents Combined....
as
Dairy Farms.....
H.R. Electrics
Macao du
19h.
*** 5b,
* via $43 2.
Hongkong and Canton loos
Hongkong Rope..... 19). Now 10-!j% ne
$690. kopen Oomolandan so
Hongkong Tramways
Do
#59) b. 581 sa Peak Tramways (Old)........... § 26 1
(New) 1-13.n Steam Laundries ... H.K. Steel Foundry Water boats... Watson's Bingapore Trams W, Powellando
HONGKONG BRANCH.
Up to the issue of the last. QUEEN'S ROAD CENTRAL Bureau estimate of the American Branches and Sub-branebes all over crop on the 8th irist., the cotton China and Correspondente in Europo, markets were very quiet and America, and other parts of the world. London Bankers: The National Provin- values fluctuated within a very cial and Union Bank of England, Ltd, narrow range. Enlarged crop The Guaranty Trust Company of Now ideas had become generally pre- |valent, however, on the strength Now York Bankers: The Irving of what are usually fairly reliable
National Bank The Equitable Trust Company of New private forecasts. The Bureau
York.
total of 18,153,000 bales proved to be less than expected and Interest allowed on Current Accounts values took a sharp turn up of and Fixed Deposit forma on-applica about: gd, per -lb. This rise-has- tion
been quickly lost as support has Mackintoshk Every description of Banking Business not been fortcoming from trade and Mosby M transacted. li
H.E. Taxis: Loans granted on approved securities,ing interests in spite of the fact Special facilities for Home Exchange. that business is apparently steadi Wios fally said
park expanding in the United States. United Abestos (Founders) Manager, It seems indeed that even now
TSUYED PEI
"Labo Crawfords ...
Canton Ioat ELK. Construction Nanyang Tobecoo
Do
A. 28-11-8, A
2. 44
n. 81
a. 19 Now lin
55
b. 5k?
D. 2H 10
***
.." 181 b.
$ 21ỷ a. New 13] (b.. 61.80 n.
n. 23 Now n. 11
... $15.
Ни
18 80 b. s.
8 D.
7.80 b
b.. 183
b."7
n. 11-1/8
#.23-15 1.
-
IM
ސ
"(Ordinner) "0-20 n.
#. (0)
Delivered to Peak District (shove Bowen Road)
J1
Bowen Road and Lower Levels Kowloon,
1-4
$100 per ton $20.00
14
$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 * Tas Kailan Mixing DMINISTRÁTION,”
THE KAILAN MINING ADMINISTRATION
* HEAD OFFICE'; TIENTSIN.
DODWELL & CO., LTD., Agenta, Hongkong.
Phone Gerrard 5478 - Tel. "Jamaco" London. A. C. DISS
(Late of Diss BROS. & MACKINTOSH, LTD.)
HONGKONG
C/o CAMPBELL LATHAM & CO.
TAILORS
59, Conduit Street, LONDON, W 1.
1-
For over ten years we have been engaged in the manufacture of 0000 at all in Singapore. Our brands, the "Coconut Tree," "Elephant" and "Star" are renowned for their excellent standard, test results, and clarity, and are free from impurity or adulteration. These products are already known in Chine and abroad and it is to facilitate our esteemed patrons that we take pleasure in announcing that Moura, GÓH 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 MERCHANTS
UNION BUILDING (OPPOSITE G.P.O)
Agents for:-ADMIRALTY CHARTS.
"ROSS'S "BINOCULARS and TELESCOPES, KELVIN'S NAUTICAL INSTRUMENTS- ENGLISH SILVERWARE, direct from Manufacturers, High Class English Jewellery,