Page
ONGKONG & SHANGRAI THE BANK OF EAST ASIA,
HON
BANKING CORPORATION.
HEAD OFFICE: HONGKONG. *
AUTHORRED CAPITAL.............. $50,000,000 1SSUED AND FULLY PAID UP $20,000,000 RESERVE FUNDS 1-
STERLING...¡. £ 4,500,000. SILVER...... $25,500,000 RESERVE LIABILITY OF
PROPRIETORS$20,000,000
COURT OF DIRECTORS: W, L. Passenden, Kaq-Chairpalu, EL. P. White, Faq—Deputy Chairman. BD. F. Beith, ReA..O. Lang, Big WH. Bell, Esq. T. A. Flammer, Eq. AH. Compton, Ear. T. G. Well, Xaq Hon Mr. PH. Holyoak . M. Young, Biq,
"CHIEF MANAGER :
A. H. BARLOW, Esq.
- Hanngort Shanghai—G. E. STITY, Esq.
>
LONDON BANKERS. Westminster Bank, Ltd.
CURRENT ACCOUNTS Spened 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,
Rongkong, 28th Novambor, 1924.”
HONGKONG SAVINGS BANK.
LIMITED,
HEAD OFFICE :—
No. 10, De Youtz Road, Central, Established 1919. ÁSTEPRIEND CAPITAL)....................$10,000,000,00 PAND-UP CAFTRA................ $3,000,000.00 KIRKEYI YURD,estatariteistiese
$750,000,00
#very description of Banking and abang
Dankom, traBILANG. Proved someTTEN.
as the rate of Two per cent, per sazna da Baying
Deposit the following rated pr
Fr.,3 montha ai thu rata of UX por annars Per monthi at the rate " IX por andart, For 24 monthse aà the rade vi 8% per nazEM,
·EAN. TONG PO,
EDIT MAHARAS Hongkong, March 9th 120.
THE CHINA MAIL.
COMMERCE AND FINANCE,
DIVIDENDS FOR 1924
COTTON MARKETS OF THE
EAST
1
UNION WATERBOAT CO.
EXCHANGE.
Hongkong, January'"' 81, #1985. On London-
•Bank, Wire
41
On demand. ..... ...3/3 15:18 30 day's sight..
M 4 months' sight
Credita 4 months' sight ......3/4-2 Documentary, 4 months sight 3/4-1-
On demand.
10+
Orodita, 4 months aight... 1190 On demand....
New York
On demand?". Credits, 60 days' night. On Bombay...
Wire Os demand... On Jilantin-
Wirs
"Cominerce Monthly," the re The Union Waterboat Com- pany, Limited, advises that, subview of the National Bank of Com-On Parl
Imerce, is of the opinion that favour- Lowns grand on spect to audit, the net balance at able irade balancos in the East and Internetowed on Current Depot Asaat Profit and Loss account for the also prospects of good-crops; there Ou 000110 Font par oral, parm and a Flad year ended December 31, 1924, is this year point to a greater demand $70,199.02, which amount the for cotton goods generally. During members of the Consulting Com-the first nine months of the current mittee will, at the approaching year India parchiased 12 per cent. meeting of shareholders, "recom-uors piece goods than during the mend the following distribu- corresponding period of the pre- tion:-
ceding year, and the increase in Pay a dividend of $1.25
the imports by Britain of American per share.........$34,659.75 mw cotton point to greater con- Transfer to Fipes and
smuption of the finished article in future months. The Far East, of 5,000.00 course, absorbs the bulk of the !cotton goods. manufactured; but in $10,000.00 recent years the countries have.
NEDERLANDSCHE HANDEL
› MAATSCHAPPIJ.
(NETHERLANDS Tuazuro' SociaTY()
www.co
BITABINE.D-1894, Houskara 'BRAKE ESTABLISHED 1906, Authorised Cupisat x7. 150,000,000 £12,500,000 Fald-Up Capital...G. 80,000,000 20,506,47 Row Fand 20,016,089 21,470,419 Special Reserves... G. 23,550,000 1,888,390
HEAD OFFICE :—Amsterdam, EASTERN HEAD OFFIOR :--Batavia.,,
BRANOHES: Handbermain. Bandoing Cafentia
TH business, of the shove Backsplorjakarta casiduoted by the HONGKONG Bota Badja AND SHANGHAI BANKING COR- Pang PORATION.. Rules may be obtained Peng on application.
INTEREST on deposits is calculated on the lowest balancù during each com- plotod Calendar Month at 31 per cent, per sunum. Should there be no balance i on any day in a month no interest will be allowed for that month.
Deposits may transfer at their option Balinos of 3100 or more to the HONG KONG & SHANGHAI BANK to be placed on FIXED DEPOSIT at
CURRENT RATES
For the HonuxONG & SHANGHA
BANKING CORPORATION,
H. BARLOW,
Chlef Hanger
Hongkong, 711 January, 1926.
THE CHARTERED BANK OF INDIA, AUSTRALIA & 'CHINA.
Sarwanda
INCORPORATED BY ROYAL
CHARTER, 1853,
HEAD OFFICE: LONDON.
Paid-up Capital
Reserve Fund
↑
$3,000,000 £8,908,000
.£3,000,000
Reserve Liability of Pro-
prietors
FOREIGN EXCHANGE and General Banking business transscted.
CURRENT ACCOUNTS opened and FIXED DEPOSITS received for 1 year or shorter porlod at rates which will be quoted on application.
A. H. FERGUSON, Manager.
Hongkong, May 8, 1823 BANQUE DE L'INDO-CHINE.
HEAD." OFFICE:
96. Poulevard, Harismano, Paris. Subscribe! Capital... Fra. 72,000,000.00 Pald-Up Capital ...P. 68,400,00000 ...Fra. de,567,283.54
Beserve Funda...
Bangicok
Canton
Battambang
Dilbouti
Haiphong
Hankow
Hanoi
BRANCHLES
Hongkong
J
Mongtas
Noemes
Paporte,
Peking
From Penh
Selgon Bhanghai Singapore
ToDzane
Yunnanfu
Pondicherry
BANKERS
Rotterdam Hingapore
Tegal
"
Cheribon
Bombay Djember
The Angus
Ecke,
Makame
Muda
Palembang Peonlongan
Panilana
Rangoon
Samarang Shanghal
Staging Special Re.. pairs Fund. Transfer to Insurance
Fund
Transfer to Superan-
nuation Fund Carry forward to New
Account
IRON AND STEEL.
JAPANESE SUGGESTIONS."
ו '*
....
On demand. On Slagapore-
On demand ...
On Manila-s
On demand...
On demand...
On Shanghai-
10
#
404
www
* 1030
...nom.
55
... 07
H
185#
*34
155)
**** noms.
873% dia.
10% pa.
10% pm.
30 days" sight (private paper) On Yokohama taken to spinning and weaving on On demand. 10,000.00 a large scale, and the staple, used Gold Leaf, 100 fize (per teel) 48.80 is usually cotton of Indian and Sovereigns (Bank's boying rate) 8.38
Bilver (per on) *** 10,545.27 Chinese growth. Before the war
SUBSIDIARY ... COINS. Chins, according to this authority, was the world's largest market for Hongkong 10 omnia sub, so 8 % pop cotton yarns. but this trade was evenly divided between India and Canton solna
7 % pm. Japan, and it was only in the piece Bar Bilrer in Hongkong The first thing required for the goods trade that Britain completed Chinese Copper Cath salvation of Japan's iron industry successfully, fally 10 per cent. of Chiasse Copper Cente... is a reduced freight charge, says Lancashire's output going to that Rate of Native Interest ... 7p.a. Mr. Makita, managing director of country. It is not expected, how-Hongkong Bah. Coln
Mitsui Mining Company, ever, that this year there will be according to the "Chugal Shogyo," any expansion of Chinees require Mr. Makita considers the amalga-nents owing to the present dis mation of ironworks also, urgent, ordered political conditions, evi- It should be effected in the course dence, of which is that the piece shares of 28. each of the Kepong of the year, he says. He is further goods auctions at Shanghai are (Malay) Rubber Estates has been quoted as follows:
closed. In India there line been a largely oversubscribed. With the
Boersbain Boerakarta (Solo).the
Weltevreden Thilatja LONDON BANKERS:- National Provincisi Bank Ltd. .!! Dorrespondents all over the world.
BANKING BUSINESS OP EVREY DESCRIPTION.
W. EL GROSKAMP,
Hongkong, November 4, 1924.
Agent.
司公理管業實法中
SOCIETE FRANCAISE DE GERANCE
DE LA BANQUE INDUSTRIELLE DE CHINE. ETABLISSEMENT FRANCO CHINOIS.
(Incorporated in France).
5; Chater Road, Victoria, Hongkong, HEAD OFFICE: 74, Rud St. Lazare, Paris,
Subscribed Capital fully
paid-up ...... Reserve Fund
Frs. 10,000,000 Fre. 10,800,000
Working fund provided by THE BANQUE INDUSTRIELLE DE CHINE. Fra. 50,000,000.
BANKERS: Paris: Societe Generale, Banque Nationale de Credit Banque de Paris et des Pays-Bas, London: Midland Bank, Ltd.
New York: Irving Bank Columbia Trast
Co.
Every description of Banking and Exchange Business transacted. Corros pondents throughout the world.
M. FITZ-HENRY,
Manager.
10th November, 1924.
Chintes Bub, Goin
% p.
The recent issue of 150,000 new
"Practically, the industry was restriction of cotton goods consump-new issue, the company's capital bom in Japan in war-time, when tion. The yarn output of the local amounts to £150,000, all composed the supply she had depended on mill industry is less now than in of 28. sharea. The directora stated from abroad was cut off. At that any one of the four years preceding they wanted further moneys to time the question was not how the war; but the loss of the China acquire two rubber properties cheap the metal could be obtained, market has forced a considerable adjacent to the Sungei Gapi divi- but how to turn out the largest quantity of yarns back on the native sion, for which about £17,000, is possible quantity within the short- mills, and they have increased their, to be paid. The new shares were est possible time. The programme output of woven goods socordingly. I issued at 18. 9d. premium. worked well enough while war con ditions ruled, and it is natural that the industry should not be able to cope with world com- petition now that business has been restored to normal lines, This is high time for the industry to start with a clean slate, the de- pression being favourable drastic measures here, as is other Industries.
U
to
"The phase of the question to be attacked first of all is the freight. Under the present schedule the railway freight is 3 sen per ton per mile. To send a ton of ore from the fields in Guchian, Hokkaido, to the iron works at Wanishi costa about Y4. On the other band, ores from the Tayeh mines in China can be shipped about 50% sen cheaper, creating popularity for them against the material obtain- able here in Japan. The same is true of coal., This handicap must be removed from the industry before it can be expected to grow. In addition positive aid should be given in the form of a higher tariff for at] THE BANK OF TAIWAN, LTD. least the first ten
of Jcars (Taiwan Ginko.)
development. This must be supplemented by economy in production and an increase in by-products, such as coke. When Government and private enter, prise unite in their efforts to improve the situation, Japan can' successfully compete with India, England and Germany. At any eate, her fron industry is at a crisis, and if the present opportunity is allowed to slip, Japan may give up hope of developing into one of the iron-supplying nations in the world. It is gratifying to see that the Government is awake to the seriousness of the situation and is ready to utilise the opportunity, but a solution is possible only with the hearty co-operation of the industrialists.”
Incorporated by Special Imperial. Charter, 1800.
IN FRANCE: Comptoir National Rasompt Capital Subscribed
de Paris; Credit Lyonnais, Bangne de Paris et Capital (Paid-up). Payn-Bas; Credit Industriel at Commercial Reserve Fund Racists Generals.
IN LONDON: The NetSonal' Provincial à Union Bank of England, Lid.; Comptoir National d'Eirompts de Paris; Credit Lyannise
IN NEW YORK J. P. Morgan à Co., { Trach American Banking Corporation: Guaranty Truss Co. of New York.
Intermet allowed, on Current Accounts and Mixed Deposits sccording to arrangement.
Every description of Banking and Myoksage Basin transacted.
A. LECOT,
Manager
Hongkong, March 20, 1924.
THE YOKOHAMA SPECIE BANK, LTD.
Established 1890.
Capital (fully paid-up) Yen 100,000,000 Reserve Fund
Yen 77,500,000
Head Office:--YOKOHAMA,
Branches and Agencies at:
Batavi..
Bombay.
Buenos Ayros.
Calcutta.
Changchun
Dairen (Dalny),
Newchwang.
New York
Geaks,
Peking.
Rangoon.
Rio de Janeiro -
Fengtion (Mukden). Saigon.
Kembarg,
Hankow
Harbin
Honolulu
Tai Yuen.
Loudon
Kobe
!Los Angelos.
Lyons.
Manila
Nagasaki.
! Nagoya,~
San Francisco. Seattle..
Shanghai,
Shimonoseki.
Singapore. Soerabaya.
Sydney,
Tientsin. ¡Tokyo.
Tainaufu Tsingtau. Vladivostock.
Interent allowed on Current Accounta Deponita received for fixed periods at pates to be obtained on application...
C. ARIMA, Marca per Hongkong, 27th October, 1924.
Everything Now !
HowShop Now Stock. New Psicoa¬ Bettable for yndr.pocket.
(A kinds of Indian and filmme Slika
Lalaraya’la clock, i
KIND RILK STORE
Quote Bood. Centralyanking
.Yen 60,000,000 Yen 62,500,000 Yen 12,880,000
1
HEAD OFFICE: TAIPEH, FORMOSA.
BRANCHES:
Yokohama, Kobe,
JAPAN-Tokyo,
Osaku, Moji, FORMOSA. Giran, Kag, Karenko, Keelung, Makang, Nanto, Pinan, Shinchiku, Taichu, Tainan, Takow, Tamaui, Tohyen, Ake. CHINA-Shanghal, Hankow, Kiuklang,
Amoy Foochow, Swatow, Canton. OTHERS. Bangkok, Hongkong, Singa- pore, Soerabaya, Samarang, Batavia, Bombay, London, New York.
LONDON BANKERS: London County Westminster and
Parr's Bank,
The Bank has Correspondents to the Commares Centres in the European ConUngat, Basin, Han, sharif gainkino, Japan, Indo-China la jed Philippias aianda, Java, and Datch Zadies, Austi rajia, Azzativo, Alitas, da,
Interest allowed on Current Account, and Fixed Deposits at rates which wit be quoted en apps
2. YAMAMOTO, Manager.
tion.
HONGKONG BRANCH,
8, Des Voeux Road Central.. Hongkong, 6th June, 1924.
THE BANK OF CHINA 行銀國中
(Specially Authorised by Presidential Mandato of the Republic of China on the 22nd of November, 1917). Authorised. Capital... 200,000,000.00 Paid-up Capital
$18,278,000.00 Reserve Fund
9,629,125.21
HEAD OFFICE: PEKING.
HONGKONG BRANCH : QUEEN'S ROAD CENTRAL.. Branches and Sub-branches all over China and Correspondents in Europe, America, and other parts of the world: London Bankers: The National Provin
cial and Union Bank of England, Ltd. The Guaranty Trust Company of Now
York
New York Bankers:-- The Irring
National Bank.
Wiha Equitable. Frost Famming, of New
· York
M
Mr. R. S., Dalglieal the well known Newcastle shipowner, re- ferring to trade, mentioned that for the first time since the war a cargo of bricks had been exported "from the Tyne, and for the first time in four years a cargo of grain about 6,000 tona, had been discharged at the Albert Edward Docks.
The Tyne Commissioners, he added, were doing all they could to en- courage trade.
1)
The Java Cultur Company, one of the principal Java sugar com- panies, has declared a 13 per cent. interim dividend, while the Serdang Cultur Company has sold forward the 1925 crop of the same quality as Dell, Batavia, at the same price.
THE MERCANTILE BANK OP INDIA, LTD.
READ › OFFICE:
là, Gracechurch Street, London, K. 52, J -
Authorised Capital Subscribed Capital Paid-up Capital Reserve Fond
£8,000,000
1,800,000
1,050,000
1,250,000
BANKIRSIẢ -The Bank of England Midland. Blank, skd. ВЛАХОПКИ
Intereat allowed, on Current Accounts Long and Fixed Deposita. Terms on spplica
·Every description of Banking Business
HOTË DHE ARSIm on' Daky, hámos
47
LOCAL SHARE MARKET.
IGION"
OFFICIAL
JANUARY 22.
sant.
QUOTATIONS:
AM
Stock Exchange.
JANUARY 31. Sharebrokers' Association.
%.
73-1/9
b. 1180
1.8.B.C. T.T. on selling rate
London
*
*
£ 21:.b.
*** 1 9/9% and on Shanghai
873-1/8 Bongkong Banks 1190 b. 1coles. London-£139 a. Obartered Bank F. & D. Bank
£ 11 a. East Asia Bank
Bico b. Mercantile Bank & B £?f=1/1 b,
do,
218-1/8 b. Marine Insurances
Canton Insuranc
North Ohios Insurance
Union Insurance Insurance Yangtzzen China Undirs
Far Easterns ....... Fire Insurances
Chins Fire Insurance' ....... ¿pa @ 180 b. Hongkong Fire Insurance...716 m. Shipping
Douglass... 414
B.E. Steamboats
FRIDAY, JANUARY 25, 1
GREEN ISLAND CEMENT LTD.
BEST PORTLAND CEMENT
SHIWAN, TOMES & Co.,
General Managora.
HONGKONG.
MOTOR TRUCKING
Our Fleet of Fast, New and Up-to-date Lorries assure you a rapid and efficient service at Minimum Kates.
1-ton Speed Wagons - $4.50 per hour. &-ton Lörries......
$8,50 Waiting at Half Rates. ESTIMATES GIVEN
WE SOLICIT YOUR ENQUIRIES THE HONGKONG MOTOR TRANSPORTATION CO., LTD. 28. Des Voeux Road. Central.
Phone Central 1913.
Smart
11
Scout
P. 0. Box 645.
Hats
CENTUTINAMMERERIN
THE WING ON CO., LTD,
HONGKONG.
D. 88)-
b. 188. 142
THE WORLD SUPPLY CO. 81, Commanght Road, West.
FANCY PARASOLS IN SILK AND PAPER- UMBRELLASEXCELLENT FOR SUNSHINE AND "RAIN. IT'S STRONG AND LASTS LONG) AND
REASONABLE AFTER ALL. Wholesale price list sent on application.
Agents wanted. Obtainable at:--- The SUN CO., the SINGERE CÔ,, WING ON CO., THE EASTERN TAILORING, 64 Wellington St.
11755.1.
140 n.
1300 h. 281 as
441_b.
295 b.
1.40 B 2
180
715
b. 58
Indo-Chinas (Pref.
88 1.
97-1/2/80.
98
do. (Def.)}"
120 n
do (H.E. Reg.)
120 n.
n. 120
Shell Transports ....
84. b.
Star Ferries
$139 b.
#4-111 b.
V ko. 43 26. 5
$255.
n. $38
#80/-b."
n 79
12 A.
n. 41
10/-D
D. 70/
C:mb. $ n. STIL
n. 13
Bb:
n. 5-11
11. 9
1.90
b 15/-
Hongkong Tugs and Elghter Oriental Nev. Co. Fafneries
Chize Sugar... "Malabon Sugar Mining
3 n
Kalian Mining Adm Langkato** Shanghai LoaȚIA 8'bai Explorations... ) $8 n. Bingle Langkata
$10-1/2 2 Raube Tronoh Mines Ural Casp. Benguet Con*** Dock Wharves, Godowns, do
H. & K. Wharis... B. & W. Dock Shai Dock
IN
IN
New Engineerings... H. K. Engineerfugs. Shanghal Hongkowa Lands
*
*་
F. b. 2.80
.....12 n $162. T 108 Д. Tit Bi
1
M4
$10 b.
Hotels & Buildings,
H.K. & Sbai Hotels $18 b. New 17 b. 17:1/9 5. H.K. Developmenta China Buses
Hongkong Landa ...
Humphreya Estaten en Kowloon Landa** Land Beclamations - Frinces Building".... B.K. Territorials.. Bural Lande... - Cotton Mille
b 1:0 *;*152+
108-1/2 n. 1.80
(b.19 Now-b 171
70 ota. b. 80 is.
b. 75. Denbe
$10
$108 b.
b, 109
... $99-1/2 b. 12) vn.
FAI
$100.
Ewo Cotton Mills, Ltd. The 12.60 sơ. Kung Yika.... Laon Kung Möws........ Orientals... Bhanghai Cotton is Tangtanspoossa MiscellaDGOES,
m
150
£2,50
61-1/% n. Now $23 m.
1. 60 New 23 n.
"Coments,
919-3/4 n. New 8-1/2 *. Cementa "Combined $25) Do & AN China-Borneon
China Lights (Old)
do (New) 3194 8. Comh. 25.62953 *. Chias Providents $169 t. Nej 5,90 1. Providenta Combined
Dairy Farms...madanjem H.K, Electrice Macao do
29 25
(b. 19-1/2 Now no (Comb. b 18) in 28)
·b. 12 (Hew b. 19 Comb, m, 25-1/1 as (b. & an 184 New.b, 5,50 8,989.00) Comb. 89-1/#
44.12.
30 b.. (48) 5. 1244 h. 44-1ƒ1⁄2 zu.
. 19 New 11.
208.
Hongkong and Canton Tees Hongkong Rope me 19 n. "New 10-1/3 n- hopes Combinado un Hongkong Tramwaya... Peak Tramways (Qld)
DoNew): ... Steam Laundries F.K. Steel Foundry... Water-banta
Watson's... Bingapore Trans
Wm. Powellar
Lans Crawforda Denton Loss,
58 b.
8-11-14 n.
19 bi
man 2-14 m. New 14-1/2 1. 143/4
N..
10 b.:
Tel. Jamaco" Londen.
Phone Gerrard 5476
A. C. DISS
(Late of Dias BROS, & MACKINTOSH, LTD.)
HONGKONG
C/O CAMPBELL LATHAM & CO.
TAILLORS
59, Conduit Street, LONDON, W.L
For over ten years we have been engaged in the manufacture of coconut oil in Singapore. Our brands, the "Cocosmat Tree,
Elephant," and "Star" are renowned for their excellent standard, sest resalts, and clarity, and are free from impurity er 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 Memes, GÓH GUAN HIN of No, 64, Bonham Strand West,
Hongko
haye been appointed cur 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)
IRALTY CHARTS.
TELESCOPES INSTRUMENTS:
qufactur
Agents For: