Page

HONGKONG & SHANGHAI THE BANK OF EAST ASIA,

BANKING CORPORATION,

dead Office: Hongkong. AUTHORISED CAPITAL...... $50,000,000 ISSUED AND FULLY PAID UT $20,000,000 RESERVE FUNDS:-

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

}

RESERVE LIABILITY OF } $20,000,000

PROPRIETORS....

COURT OF DIRECTORS: W. Piensten,

H.PWhite, e-Deputy Chairman D. F. Both, Ex)" - | 4. C. Cane, Paq. W. II. Bell, Eay,

A. Plammer, Eq. A. H. Compton, Es. T. G. Well, Bea. Hon.Mr.PH.Holyoaki G, M. Young, Kaq.

CHIEF MANAGER : A. H. BARLOW, Esq.

Manager: Shanghai-G. H. STITT, Esq.

LONDON BANKERS. Westminster Bank. Ltd.

CURRENT ACCOUNTS' opened in FIXED and LOCAL CURRENCY 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 SAVINGS BANK THE business of the above Bank ia conducted by the HONGKONG AND SHANGHAI BANKING COR PORATION. Rales auy be obtained oo-apultention.

INTEREST on diaposite la calculated on the lowest balanco shaping «ach com Plated Calendar Month at 31 per cout. per summ. Shoaid there be as bilance

By day in month aginterest will be allowed for that month,

l'epositura y transfer at "their option Balance of $100 or more to the HONGKONG & SHANGHAI BANK to be placed on FIXED DEPOSIT at CURRENT RATES

1

For the HoNixong & SharÓRA:

BANKING CORPORATION,

A. H. BARLOW,

Chief ManageT

Hongkong, 7th Juntary, 1925.

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

"INCORPORATED BY ROYAL CHARTER, 1853.

HEAD OFFICE: LONDON.

£3,000,000

£3,000,000

Paid-up Capital Reserve Fund.....£3,000,000 Reserve Liability of Pro-

prieturs

"FOREIGN EXCHANCE and General Banking business transacted.

LIMITED,

HEAD OFFICE-

No. 10, Des Voeux Road, Dantes). . Estábilshed 1919. AUTHORIEND CAPITAL $10,000,000,00 PAID-UP CAPITAksiononon $5,000,000.00 BE FUND... $760,000,00

Every descriptive of Bankier and an

THE CHINA MAIL

COMMERCE AND FINANCE.

COMPANY REPORT

Union Waterbonis.

GOLD STANDARD.

(Reuter's Service.)..

London, January 19. The Union Waterbont, Co., Ltd..

With reference to the "Morning advises that, subject to audit, the Post's" suggestions, a Swedish Soalnem Ersties died. Loans arried, 91 20-nett balance, at profit and loss authoritative source points out internet allowed on Current Depot Aqua Account for the year ending that Sweden is naturally very at can fata of Two par out. DAY HAD ON December 31. 1924, is $70,199.02, interested in Britain's action as which amount the members of regards the gold standard, but Consulting Committee will, at the Sweden had already returned to approaching meeting of share the gold standard on April 1 of holders, recommend the following 1924, distribution. ***

proved, seegriti.

Anconals Four not sent per

Deposite at the following rates 20

4

War & months at the rate of 1X PAT KANUAR Par 6 months at the Take ' ik per manum Fue 11 months at the rate:ni EX per annum. Jë

KAN TONG PO, Chief Hang

"Hongkong, March 4th 100%

NEDERLANDSCHE HANDEL MAATSCHAPPIJ.

(Nxzxxxlaşım Trading Booteer.)

ESTABLICED 1894. Homoxone BRZOM ESTABLIRÍN 1904.

Authorised Capital 3. 150,000,000 £1,500,000 Feld-Up Capital...G, 80,000,000 £ 6,868,570 Reserve Fund...G. 0,048,082 £1,470,418 Special Reserves...7. 23,860,000 £ 1,898,330

READ OFFICE :—Âme erdanı EASTERN HEAD OFFICE:--Yetavis BRANCHES :-

Bandoong Bombay Djurber Kobe Minn

Ban Jermain Colegiia.

·Djokjakarta' Rois-Raja Padang Pepang Folterlam Ringapore

CURRENT ACCOUNTS, opened and FIXED DEPOSITS received for 1 year ar shorter period at rate, which will beg quoted on application.

A. K. FERGUSON, Manager.

Hongkong. May, 8, 1023.

BANQUE DE L'INDO-CHINE.

HEAD OFFICE:

96, Ponlevard Haussmanno, Para. Subscribe! Capital. ... Fr, 72,000,000.00 Paid-Up Capital, ...Fr. 88,400,000 66 Reserve Funds ... ... Fr...50,657,283, 54

་་་

BRANCHES

Hongkong "Mongine

Noumate.. Papeete

Bangkok

Battambang

Салюв

Djibouti

Haiphong

Paktag

Hankow

Hanoi

Phom-Pant

Pondicherry, BANKERS:

Saigon Shanghai Hingapore

Tiantain

Toarame

Yunsanfu

IN FRANCE Comptoir National d'Escempt de Paria; Credit Lyonnals, Bangne de Pari et des Pays-Bas; Crodle Industrial et Commercial Bocié Generale."

IN LONDON: The National Provincial a Onion "Bank of England, Ltd.; Comptoir National d'Escompta de Paris; Credit Lyonaise IN NEW YORK: J. P. Morgan & Co.. Froach American Banking Corporation;

unranty Trust Co. of New York.

fateront allowed on Current Accents and Fixed Deporlia according to xérang PIDSEL,

Every description of Banking and Exchange, Business tranensted.

A. LECOT,

Manager Hongkong, March 20 1824.

THE YOKOHAMA SPECIE

BANK, LTD,

Established 1880.

Capital (fully paid-up) Yen 100,000,000 Yen 77,500,000 Reserve Fund

Hend OfficaYOKOHAMA,

Brunchies and Agencies at:

Batavia.

Bombay.

Buenos Ayres.

Calcutta

Changchun.

Daizen (Dalny)..

Newchwang.

New York.

Osaka,

Peking, Rangoon

Rio de Janeiro.

Fengtien (Makden). 'Saigon,

Hamburg.

Hankow.

Harbla.

Honolulu,

Kai Yuen

Kobe.

London.

Los Angeles.

Lyons.

Mantle.

Nagasaki. Nagoya,

San Francisco. Seattle, Shanghai.

Shinonosekh Singapore. Soerabaya.

Sydney. Tientsin, Tokyo. Talcanfu.

Tsingtau. Vladivostock.

Interest allowed on Current Accounts. Deposits received for fixed perioda az rates to be obtained on application.

C. ARIMA,

Manager.

Hongkong, 27th October, 1924,

Everything New!

Kaw Hkap, New Stock. New Prices

Salisble for your poukatali

All kinds of Indian and Chisons 81ks, Bhala, Kahrolderíen, eta. always in stock.

SIND SILE STORE,

Kynä Burcler, Queen's Road Central.

Te

Cheribon

The Haguo

Makar Palembang

Painti

Pamarang

Boerabasa Tillaje

Pocalongan

Rangoon

Shanghal

Boerakarta (Holo)

Weltevreden

LONDON BANKERS:-" National Provincial Bank Ltd, Correspondents all over the world,

BANKING BUSINESS OF EVERY DESCRIPTION.

"W," H. GROSKAMP,-

Agent.

Hongkong, November 4, 1924.

司公理管業實法电

SOCIETE FRANCAISE DE

GERANCE »

DE LA BANQUE INDUSTRIELLE DE CHINE.

ETABLISSEMENT FRANCO OHINO18.

(Incorporated in France).

5, Chater Road, Victoria, Hongkong. "HEAD OFFICE: 14. Rue St. Lazare,

Paris.

Subscribed Capital fully

paid-up. Reserve Fund

Frs. 10,800,000

H

Frs. 10,000,000

Working fund provided by THE BANQUE INDUSTRIELLE DE CHINE. Frs. 50,000,000."

J.

DANKERS:

Paris: Societe

Generale,

STEEL SURPRISE.

P. AND O. STATISTICS,

OIL FROM RUSSIA.

› First Direct Transaction With France.

(Reuter's Service)

TUESDAY, JANUARY 20, 1925.

GREEN ISLAND CEMENT CO., LTD,

+

Moscow January 19. » According to the "Rosta," the first direct transaction with the French Government will be car- ried out in a contract with the Russian Oil Syndicate to supply the French Ministry of marine with 76,000 tons of Mazout oil.

EXCHANGE.

Hong kong January 20, 1995.

On London--

Bank. Wire...

11

On demand

...2/3-

2/16/18

a) day's night.

4 months' sight. ...2/4-4. Credits 4 months' sight .....1/6~] Documentary, 4 months sight 2/- On Paris-

On demand...

...

In25. Credits, 4 mouth' aight... 1195 On domand...

On New York-

On demand

Y

Dom.

1000 Credits, 30 days' ilghi... 082 On Bombay-

Wire On demand... on alcutta-

Wtre

+

On demand

On demand...

158

Pay a dividend of $1.25 per

sharv

$34,653.75

With regard to the operations of Transfer to Pipes and Staging

5,000.00 the P. and O. Company for the Speelale Repairs Fund Transfer to Insurance Fund.. 10,00n.eu past year, observes a Home paper, (although cargo has proved scarce, Transfer to Superannuation"

10,000.00 passenger traffic has been well Funda de

The number of pass. maintained. Carry forward to New Account 10,548.27

engers carried during the year has reached a total of nearly 2,000,000, | And 14.500.000 tons of cargo have been carried. The number of sen New York, January 19.

miles run has reached the extraord European steel manufacturers intry total of 16,700,000. This is a are now seriously competing with great record, and is likely to be American manufacturers on the improved upon when the new Intter's ground. American manu-steamers are delivered and the startled at Mr. company reverts facturers aro

to the full On Bingapore- Henry Ford's recent purchase of schedule on all routes. The fipan-. steel rails from Belgium, which is clat position of the company Is On Manlia-

On demand. the first import of steel for many illustrated by the fact that the fleet Oe Shanghal

stands in the books at considerably. Now the Interborough Rapid less than the vessels cost. Lord Transit Company is considering Inchcape does pot regard the im- buying rails abroad and several mediate outlook as being bright, foreigh agents are negotiating for/and he and his colleagues confess Sovereigns (Batık's buying rate) 8.38

to serious misgivings as to the result of the operations of the year on which the company has just entered. What is true of the P and O. applies to other shipping companies, and it is desirable that Canton coloa there should be this public state- Ohaioase Copper, Cast

Bar Silver in Hongkong ment as to the difficulties which Chinese Copper Cents... ephfront those engaged in the Rase of Native Interest... world-wide business of sea trans-Chinese Sub. Cola "...26% dis, port..

17 Mongkong Suh. Coin".

years.

the order-Reuter's "American Service

KAILAN OUTPUT. i The total output of the Kailan Mining Administration's mines for the week ending January 3 amounted to 71.626 tons, and the sales during the period to 36.725 tons.

SHANGHAIMARKET,

A GENERALLY QUIET PERIOD. Nothing of great interest falls to a reported in the Shanghai markets; at the present time, writes the N. C. Daily News of January 16,

A tall in exchange has increased! the disparity between piece goods prices in China and in Manchester.} and consequently business is again severely restricted. v

In produce lies the lower ex-| change line only had the effect of induring Chinese holders of stocks to peruse their values, and as a Banque result business has been diffent.

Nationale de Credit. Banque de Paris et des Pays-Bas,"

Innsion: Midland Bank, Ltd. New York: Irving Bank Columbia Trust

Co.

M. FITZ-HENRY,

Manager. 10th November, 1024...

On demand.

Bak

***

091

1101

30 days sight (private paper)

On Yokohama-- On demand...

Gold Leaf, 100 fine (per tool) 4660 silver (per oz.)... Hongkong 50 cents sub

LOCAL SHARE

"*

92

SUBSIDIARY COINE:

6% om. **Y% pm-

8% pm, ...271 % dis..

10

10 pm. pm.

...6% pm.

p.a.

MARKET.

pm.

BEST PORTLAND CEMENT

SHEWAN, TOMES & Co.,

General Manageri

HONGKONG.

DOUDDOGO Douganadoo0000

MOTOR TRUCKING

Our Fleet of Fast, New and Up-to-date Lorries assure you a rapid and efficient service at Minimum Rates

8-ton Lorries

1-ton Speed Wagons @$4.50 per hour.

@ $8.50 Waiting at Half Rates. ESTIMATES GIVEN

WE SOLICIT YOUR ENQUIRIES THE HONGKONG MOTOR TRANSPORTATION GO., LTD.

28. Des Voeux Road, Contralą

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.

ADEQUATELY GUARANTEED.

OFFICIAL

QUOTATIONS.

JANUARY 20... Names

II A.M.

Stock Exchange.

AGENTS -

JANUARY 20, Sharebrokers' association.

DODWELL & 00., LTD.

MACHINERY DEPARTMENT.

1.9.8.0. 1.T. on malling"rate

London

And on Shanghai ... $73-3/8 1 Hongkong Banks 119 b. 1.85 51,, London-£129 m. Chartered Bank

P.&O. Ray Eat Axin Bank

... £* b..

@100 b...

Mercantila Bank AB 2/1 b. Q £18-1/8 b

12

Cantog laggendo...

prices in Chinn being gourally Marlon faudranous fionagh higher than in Europe and

America.

FRUR CDD8,

• North Chins Tasuringe

Dujon Tumera

Insurance PartAzo

China Undirs

Far Easterns ...

tasorago85

***

China Fire Jasargach .. # 180 b. Hongkong Fire Insuranco... #71 n. shipping"

Every description of Banking and During the past two og Uree Exchange Business transacted. Corres-weeks, Wton folidays Imye been the pondents throughout the world.

order, little eldinge of importanceira least decurred in the piece goods market. What little byssiness was being done with Manchester has THE BANK OF TAJWAN, LTD. been prétiently stopped by the Inst

(Taiwan Ginko.)

Capital Subscribed Capital (Paid-up) Reserve Fund

fall in exchange which now makes China valines generally between 10, Incorporated by Special Imperial and 15 per ven. Below what Map

Charter, 1899.

[chester is prepared to accept,, and only in the case of one or two chapt Yen 60 $130,000 lve my truisactions beym possible. .Yen $2,500,000 Yen 12,080,003 At the same time fuel prices here ure. leginying to harden, but enough, time lies not elapsed to allow that position locally do adjust itself to the new conditidas. The hardening process is likely to go

on, and in vertsin grades it may be aoped tut Qanka, Moji. FORMOSA.Gian, Kagi. Karenko, useful advance will be witnessed

after the China New Your GSK, Shinehiku. Taichu, Tainan, Takow, The auctions held this week Wore Tunsui, Inhyen, Ake.

the Just thun Will take place during

HEAD OFFICE: TAIPEH, FORMOSA.

BRANCHES:

JAPAN-Tokyo,

Yokohama.

Kobe,

Keelung, Mukurg, Nanto, 'Pinan,

Dongle...

H.K. Steamboxin *** Indo Chisse (Prof.

Ho. (Del.)) da.

(F.E. Reg.)

#1

***

921.00 per ton $80.00 *** $19.00

KAIPING HOUSEHOLD: COAL

Delivered to Peak District (above Bowen, Bond)

Bowen Boad and Lower Loyala Kowloon

Orders should be sent in writing at least 24 hours, before the Coal le required. All orders must be accompanied by caab, Cheque, or Compradore Ordar

payable to TuS KALLAN MINING DMINISTRATION:"

THE KAILAN MINING ADMINISTRATION

HEAD OFFICE: TIENTSIN,

DODWELL & Co., LTD., Agents, Hongkong.

b. 1200

$73.3/8

£80-1/2

t. 100

b. "O" 131

2.785 .

6. 755

B. 140

1980 b. 281

b. 161

40

2:30 b.

b. 2.10

180

In Lota of not less than 1-ton :—

710

Nee

$65 b.

30 b.

■ S8

.....

YA .

1. A

AN

120 n.

n

1922

#.

120

8 h.

BR/.

9138-11 b. 139 8.

b. 199

Hongkong Trge and Lighter

#4,50 b.

b. 44

Oriental Nav. Co.

$266 1.

D. 185

fins per...

180% 8.

3 in.

0.41

· 70/-

Langkata Shanghai

... $97) D. Shai Explorations... ) 25 a. Angle Langkata $10-1/3 . Rauta

Oamah. #:2 n.

b. 13

Bh.

b. 6-1/2

n. 8

SH

# 3 p

다.

1.00

Tronch Miusq,

68-

b. 15

5

8. D

Benguet Con

P. 21 b.

212 sa

en 210- 12/19

0.169

T ICB D.

z. 18

G. 7.60

#210 b...

Shif Transports... Star Ferrica

"ofineries

Malabon Sugar

Mining

"Kailan Mining Adm

ITral Chap

*

CHINA-Shanghai, Hankow, Kiukiangle current Chinese veur. In the last Docks Wharvo", Goddwas, &n.

"

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

Amoy, Fuochow, Swatow, Canton. OTHERS. Bangkok, Hongkong, Singa- three netions there Juns heen gerent!. pare, Soerabaya, Samarang, steadiness, but it has been apparent! Batavia, Bombay, London, Newhat dealers have not been prepared York.

to absorb inore cargo thun has been. offered. Atheir auctions a week and a fortight ago Yuenfong, for instance; sold on each orazion 900 The Biak bax Cerrespondebla is the Dotemerci'ckages, and it was apparent at the Centrer in the kurpes Continent, Bussis, na sale of Janmry 2 that. quntities charts Talagino, Japan, Indo-China, Siam, India, had been increased to the limit. A Paluppino falands, Java, and Dateż Indiae, auIL- -ralta, America, Afifen, de,

tednation was accordingly made in Deparli atates which will be upated or apple. Thursday's unction, and dealers

Internal Allowed no Carrent Account, and Fixed

Bon,

2. YAMAMOTO, Manager. RONGKONG BRANCH,

8, Des. Voeux Road Central. Hongkong, 5th June, 1921.

M

THE BANK OF CHINA. 行眼中

proceeded to boost prives, thus Freating a market which would en- able thein to sell their previous pur- chases at a profit.,

Generally speaking, merchants show a degree of nervousness over the political situation, which will not allow the consummation of any forward business, Chinese holder: of cargo are prepared to part with it at increased rates for cash, but not ready to give credits over Authorised Capital $60,000,000.00 Chiness New Year. Speculative Paid-up Capital $18,278,600.00 purchasing has been very prevalent Reserve Fund

$9,629,425.21t the recent auctions, and at thi

(Specially Authorised by Presidential Mandate of the Republic of China on the 22nd of November, 1017).

HEAD OFFICE; PEKING.

HONGKONG BRANCH. QUEEN'S ROAD CENTRAL. Branches and Sub-branchos áli over China and Correspondents in Europe, America, and other parts of the world.

York

National Bank

week's the genuine demand seemad. to be confined to Tientsin and the near Yangtze pofte, Hankow and Tsingtao being uninterested.

H. & K. Tharts ., & W. Dock 'bai Docke New Engineerlage

Shanghai wa

***

$15% 6.

... Tito.

Lands, Hotels & Buildings,

1.E. & Thai Hotels 18 New 171-1/2 a&us. (by 18 na. 18jii Now-b 172 sa-171

H.K. Developments Chine Basen...

***

Hongkong Landı... Humphreys Estates Kowloon Lands

Land Reclamations... Princos Building... F.K. Territoriale..... Rural Land.... Cetten Mills.

+

Fwo Catton Mills, Ltd. Kung Tiks

Laon Kang Mow....... Orientals, and

...70 cta. b. BD .

* 1084 b. 169 38,

#28-178 b.

$150

Ин

€36.

$10 b.

is 12.60 b.

T4 %.ni

T 811 b. Now #93 bi

- Bhanghal Cotton'............

Tangtarepooa....." *** *** Wisellaneous.

Coment

#19-3/4 . Now 8.00 a. Comente "Combined' #28) b.. China-BorneoR

Chion Taghta (Old)

$12.15 b.

do (New) $12) b Comb 25 b. 25 mi 25) ɛm.

China Providenta 181 b. Naw 6,80 b.

Providents Combined

Dalty Farma.. pátý

HK. Electrice (

Macao do

b. 75 Cents

t. 109

b. 22 am 22-1/2

п

100

1280

b 9,90

n. 60 New 33 n.

fb, 19:1/2 New n 3 (Comb, b38) 18-1/2

b. 18 (New 3. 12 Comb. b. 25) sa 253/4

(b. 18 New b. 81

Comb, b. 891

24-272

b. 44-1/2 ·

8392 b. STE.

19).

8 42 22.

New 10-1/1 mi

68. .4684 A.

n. 61

n. 19 Ngir 11 n.

in. 36

8.53}}}

'a. 26

De tui

-

19' b.

Hongkong and Vanton Toes Hongkong Bere... hopee Combined... Hongkong TramW975... Peak Tramways (Old)...

DO

(New) | € 11-13 m. Steam Laundels --- H.E. Steel Foundry -- Water-boats 241 Wałosna in pat

.......... Singapore Trame' Wm. Powella Lano-Oraw! Canton Icon, HT Constructio Nanyang Tobacco Ainseren Mackintosh

The Tavernool Cotton Areciation London Bankers: The National Provins been of late considering a mat cial and Union Bank of England, Ltd. ter which involved the taking of a The Guaranty Trust Company of New voto, and by the rules, regulating the association governing such mat- New York Bankers The Irving fere ng that involved, a majority of The Equitable Trust Company of New 75 per cent, is required to carry the revolution The vote was carried by the members at a general meeting, but a volt was deraanded-On-this- Interest allowed on Current Accounts being taken it was found that 277 and Fixed Deposits. Terms an applian votes were recorded. 207: being in tion,

Affald favour of the proposition, this boing|B.K. Really Every description of Banding Business 74.73 per cent. of the total instead transacted.. Fit Loans granted on suproved securities of the 75 per cent required. The Special facilities for Home Exchange motion was therefore lost by 27 of TSUTÉE PEI, - | vote Surely the closest voting

Manager.

HB Taxis

Der Wing

DAIT

# 21 n. New 141⁄2 b. 14 a. n. 13 New b. 13-1/£.

8. 2101

10'

(fledinter): U to në

United Abertos (Fondies)

1:

Phone Gerrard 5476

00000000

Tel. "Jamaco" London.

It

A. C. DISS

ST

(Late of Das BEOS, & MACKINTOSH, LTD.)

HONGKONG

C/o. CAMPBELL LATHAM & CO.

TAILORS

59, Conduit Street, LONDON, W1.

For over ten years we have been engaged in the manufacture of 0000snut oil in Singapors. Our brands, the "Coconut Tree," Elephant" and "Star" are renowned for their excellent standard, test results, and clarity, and are free from imparity or adulteration. Theme products are already known in Chins and abroad and it is to facilitate our esteemed patrons that we take pleasure` in announcing that Mesars, GOH-GUAN HIŊ of No. 64, Bonham 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 MEBOHANTS

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,

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