Ú
Page
HONGKONG & SHANGHAI THE BANK OF EAST ASIA,
BANKING CORPORATION,
HEAD OFFICE: HONGKONG. AUTHORISED, CAPITAL................. $50,000,000 18SUED AND FULLY PAID UF $20,000,000 RESERYE FUNDS ----
STERLING... £4,000,000
SILVER35,300,000
RESERVE LIABILITY OF
PROPRIETORS.
$20,000,000
COURT OF DIRECTORS: W. L. Pistondatą, Big-Charmou. H. R. Walio, Beq-Deputy Chairman.
B. D. F. Belth, EA, Lane, Beg W. H. Bell, Esq.
7. A. Plummer. Eq. A. H. Compton "Eay. T. G. Wall, Haq. Hon. Mr.P.H.Holyoak. G. M. Young, Faq,
CHIEF MANAGER:
A. H. BARLOW, Esq.
Manager: ShanghaQ_E. STITT, Esq.
..
LONDON BANKERS. Westminster Bank, Ltd.
CURRENT ACCOUNTS opened, in LOCAL - CURRENCY and FIXED DEPOSITS received for one year or aherter periods in Local Currency and
41.
LIMITED.
HEAD OFFICE:--
No. 10, Des Voeux Road, Omstendi Established 1919. ÄDTERMINED. QAFITÁK, ............................130,000,000.00 PAID UF CAPITAL
$8,000,000.00 BȚI FUND:
750,000.00
Every description of Banking and kaars DURÍAZONE, STRIES 8:44, Loans grazied us ap- | proved sestrTAS MM, -
Interact allowed on Derrant Depot A000sat Fat the rate of Two per owel, per annum on Boving Assunta Pour, per al per assum, and on Tized Hapoella ni the following sAZAR (-
Pay 1 monthe at the rate of 3% parlaamaan „Por. O months at the zake ́ (2 per DAINIK, For 18 months at the rate di JŽ por sunum, KAN TONG PO,
unft Maquet: 1)
Hongkong, MatION ALS 1328.
NEDERLANDSCHE HANDEL MAATSCHAPPIJ.
(N stimulande Trading Booteer.),
ESTABLISHED 1824. 'How BIOS ESTAHLINER- 1906, Authorised Capitai 17. 150,000,000 £12,800,000 Paid Up Capital...G. 80,000,000 £ 6,666,670 Special Regres...G. 29,640,000 2 1,888,330
TIIE CHINA MAIL.
COMMERCE AND FINANCE.
SHANGHAI MARKET.
Activity in the Shanghai markate has dropped to a very low point, reports, the "N. G.Dally News of January 17. Everything is over- shadowed by the renewed out- break of hostilities, and the nervousness as to disposal of cargo consequent thereupon precludes the possibility of Chinese" mer. chants engaging in business. Generally during the week before China New Year a spurt in certain classes of business is seen, dealers hoping to pick up bargains especially in piece goods which will find a ready sale after the holiday, but on this occasion nothing of the kind is happening. Exports are generally stagnant, and in common with other branches of trade local manufactures such as yarn are experiencing 4 poor demand.
PIECE GOODS.
'
BACK TO GOLD.
RELATION OF STERLING, TO THE DOLLAR.
(Router's Service.)
London, January 23. Discussing the relation of sterling to the dollar, the Times' City Editor points out, that whereas the American price" level Ims fallen from 163 to 180 during the year ended November 1934, the British level on the roll basis rose from 10 to 107, which, theoretically. should be reflected in depreciation of sterling instead of actual im- provement,
EXCHANGE.
Hongkong, January 27, ‘1915;
Un London
Bank. Wire...
40
...I'Z-
On demand.....8/3 13/16 30 day's sight... 4 months' night 2/4 Credits 4 months' slabs....24-3
Documentary, mouihe sighs. 2/4- On' Paris--
On demand...
J
- 1000 Credits, monthi' sight 1150 Un demand.... On New York
On demand
M
Credits, 00 days" sight On Bombay--
Wire On demand... On Zaloutta
464
Wire On domard.
On d
Manila-
On Bingapore
**
damand..."
** 1842
99
111
Ca 'demand.
IM
nam.
10 days'sight (private paper) On Yokoham
On demand... Op Shanghai-
He describes the news of a ship-On ment of gold from the United States to Australia un interesting development, unprecedented since 1893.
He attributes the
operation to the
near aroach of and points out that with sterling only
On demand
1434 Gold Len!, 100 Hus (per taol); Sovereigns (Bank's boying rate) 2.42
Sterling on terms which will be quoted Reserve Fund G. 20,048,053 1,670.419 The last auctions of the Chinese fle, dollar's aid sterling parity, Silver (per o) ****
on application.
Hongkong, 25th November, 1924. $
HONGKONG SAVINGS BANK.
Business of the above. Bank, is sondatud by the HONGKONG AND SHANGHAI BANKING COR. PORATION. Rulos may ba. obtained. on application.
延
INTEREST on doposita la saloulated on the lowest balance during each com- plated Calendar Month 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 transfer at their option Batanen of $100 or more to the HONGKONG & SHANGHAI BANK, to, he placed on. FIXED DEPOSIT at. CURRENT, RATES. *
For the HoxaxorNG ŠĘSKANIKAJ
BANKING CORPORATION,
A. H. BARLOW,
Chief Manager
Hongkong, 7th Judary, 1925.
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.
*
INCORPORATED BY ROYAL CHARTER, 1853,
HEAD OFFICE: LONDON.
Paid-up Capital.....£3,000,000
Reserve Fund....
.....£3,900,000
Reserve Liability of Pro-
prietors.......、、 .£3,000,000
-
14
FOREIGN EXCHANGE and General -Banking business transacted.
CURRENT ACCOUNTS oroned 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.
HEAD OFFICE:
98, Conlevard Bausaronum, Paris, Bubscribed Capital ... Fra. 72,000,000.00 Pald-Up Capital an Fr. 88,400,000 00
Fra 69,867,289.54-
Reserve Funda
Bangkok Battambang
Vanton
Djibout
Halphony
Hankow
Напо!
BRANCHES
Hongkong
Mongtse
Noumes
Piperte Paking
Paom-Perb
Pondicherry BANKERS
Saigon
Shanghai
Singapore
Tintain Tor Ine
Yunnanfu
IN FRANCE: Comploty National d'Escompt de Paris: Credit Lyonnais, Banque de Farbet des Paya-Bass Credit Industriel és Commercial Societe Generale.
IN LONDON: The National Provincial & Jaian Bank of England, Lid.; Comptoir National d'Escompte de Paris, Gredit youalse IN NEW YORK: J. P. Morgan & Co. French. "American Banking Corporation; Suursaty Trust Oo; of New York.
Business transuried.
Interest Allowed on Current Accounts and Fixed Deposits socording to arrangement.
Every description of Banking and Exchang
A. LECOT,
Manager Hongkong, March 20, 1924,
THE YOKOHAMA SPECIE
BANK, LTD.
Established 1980,
Capital (fully paid-up) - Yen 100,000,000 Reserve Fund Yen 77,500,000
Head Office:-YOKOHAMA,
Branches and Agencies aiz
Batavia,
Bombay.
Buenos Agros.
Calcutta.
Changchu
Dairen (Dalay).
Newchwang. New York.
Oanka.
Peking.
Rangoon.
1..
- Rio de Janeiro,
Fengtien (Mukden). Saigon. *
Hamburg,
Kankow.
Harbin
Honolulu,
Kai Yuen
Kobo,
London.
Los Angeles.
Lyons.
Manda
Nagasaki
Nagoya.
San Francisco. Seattle.
Shanghal
Shimonoseki.
Singapore.
Soorabaya.
Sydney. Tientsin
Tokyo. Tainanfa. Tsingtau Vladivostock. Interest-allowed an Current Accounts, Deposits received for fixed parfods at rates to be obisined on application.
O. ARIMA, Manager Hongkong, 27th Octobor, 1024,
Everything New New Shop. New Stock: New Prices
Suitable for your pocket..
All kinds of Kudian sad Chloons Baks, Bhavis," "Embroideries, etc.
always In asook
SIND SILK STORE
Chora Duttnera, Quauté" Bond Central,**
HEAD OFFICE :—Amsterdam, EASTERN HEAD OFFICE :--Batavis!
BRANCHES Bandjarmasin Bandeng Babay Obiita Cheribon Djembe
The Hague Kobe Djorjakarta Kosa-Radja Makwear Mestan Paling Palembang Pacalnagan
Pantlar Bangoon Peng Rotterdam Bamarang Bhanghal Singapor
Booraba Sonrahuria (Solo) Tagal Til:Jap Waltevreden
LONDON BANKERS :- National Provincial Bank Ltd. Correspondents all over the world.
BANKING BUSINESS OF EVERY DESCRIPTION.
W. EL "GROSKAMP,
Арець
Hongkong, November 4, 1924.
司公理營業實法中
SOCIETE FRANCAISE DE
GERANCE.......
די
"
DE LA BANQUE INDUSTRIELLE .DE CHINE.
ETABLISSEMENT FRANCO CHINOIS.
(Incorporated in France).
G. Chater Road, Victoria, Hongkong. HEAD OFFICE: 74; Rue St, Lazare, Paris.
Subscribed Capital fully
paid-up Reserve Fund
4
Frs. 10,000,000
Frs. 10,800,000-
Working fund provided by THE BANQUE INDUSTRIELLE DE CHINE. Ers. E0,000,000.
ין
BANKERS:
Parla: Societo Generalog Banque Nationale de Credit. Banque de Paris et des Pays-Bas. London: Midland Bank, Ltd.
New York: Irving Bank Columbia Trust
Co.
Every description of Banking and Exchange Business transacted. Corres- pondents throughout the world.
M. FITZ-HENRY,
Manager.
10th November, 1944.
year took place last week, and they will not be resumed until after the holidays. Following Yuenfong's concluding sale, that of Thursday, January 8, clearances were good for a couple of days, but the out break of hostilities which occurred practically put an end to them. Then when the actual fighting had concluded the wet "weather further hampered the movement of cargo, so that this has been a very bad week for deliveries.
Usually at this time of year | dealers are anxious to obtain cargo from merchants holding stocks, in the expectation of opening their new year's trade with something profitable in hand. Just now there is no such demand, and even if there were the stock holders would be unlikely to part with any of their holdings at the prices quoted, Manchester is firm, and consequent ly there is every inducement to hold on.
Only a few insignificant purchases have accordingly "been recorded during the week, while forward. business is altogether absent.
One business report in the past. few days mentioned that as many as 45 recognized Chinese hongs engaged in the piece goods trade were in difficulties, but this is said by no means to represent the total number of Chinese Brms whose affairs will have to be liquidated. Again it has been a case of Chinese entering the piece goods business whose knowledge of it is practical- ly nil, and it is to be feared that as usual foreign importers, will have to bear the brunt. The yeag has an unprofitable pne for been practically all concerned, and numbers of Chinese firms with
Small capital have not been able to
stand the strain on their resources.
MANCHESTER MARKET,
Messrs. James F. Hutton & Co.. Ltd.. reported under date December 23, as follows:
There has not been much
THE BANK OF TAIWAN, LTD. activity in the cotton markets and
(Taiwan" Ginko.)
Incorporated by Special Imperio! Charter, 1899.
Capital Subscribed ....Yen 00,000,000 Capital (Paid-up) Yen 62,500,000 Reserve Fund
Yen 12,980,000
HEAD OFFICE: TAIPEH, FORMOSA.
BRANCHES: JAPAN-Tokyo, Yokohama, Kobe,
Onak, Mojl
FORMOSA Giran, Kagi, Karenko, Keelung, Makung, Nanto, Pinan, Shinchiku, Taichu, Tainan, Eakow,
Tamsui Tohyen, xo
роге, Socrabaya,
LONDON BANKERS: London County Westminster and Parr's Bank.
The Bank has Gorrespondente in the Commareist
Centre in the European Center, Bula, Mes: ukurta Tingtao, Japan, Indo-China, Ham, odia
American prices have been fairly steady and generally firmer. The "into sight" figures Have been large but against this it is report- ed that there has been a good demand for actual cotton, in America. Local spinners' tak- ings of the raw material of all kinda have also been substantial, und there are no signs of weak- neas on the part of holders. The Bureau report that up to Decem- bet 12 a total of 12.796,000 bales had been ginned. This has again strengthened the view that the final crop estimate will be exceed CHINA Shanghai, Hankow, Kiukiang,ed, and that the yield will pro-
Amoy. Foochow, Swatow, Canton. OTHERS, Bangkok, Hongkong, Singa-bably reach about 13 million Samarang, bales. A fall in prices, on this Batavia, Bombay, London, New account, however, attracted trade York.
buying and a quick recovery took place The Egyptian section has been quieter and prices have de- elined steadily. In the Manches- ter market there has been a fur- ther large increase in enquiry for both yarn and cloth. In Ameri can yarns a good turnover has resulted and prices are unchanged but firmer. In Egyptians busi- ness has been quieter and prices åre reduced about 1d. per lb. In the cloth section demand has been of a very general character and the weight of business on offer has been very considerable. much improved turnover has resulted. Wide looms especially are getting well booked ahead and It looks as though-many', buyers will find difficulty in getting ithe delivery they require. Even now the delivery of finished wide. cloths cannot generally be obtain ed before the middle of next year." This is likely to prove a streng- thening factor. so far as, prices Branches and Sub-branches ali ovortions of all kinds are heid very are concerned. As it is quota- "China and Correspondents in Europe,
America, and other parts of the world, firmly and the possibility of any London Bankars: The National Provin-easing off through buyers holding cial and Union Bank of England, Ltd. back seems more "remote than. The Guaranty Trust Company of New
Akilippine Inlanda, Jara, and. Datoh Indien, Anut
alia, America, Afifon, do
Intersal Kilowed as Caimint Account, and Mixed Deposita ni ratow which will be quoted on applios
Z. YAMAMOTO, Manager.
tion,
HONGKONG BRANCH,
3, Des Voeux Road Central. Hongkong, 5th June, 1924.
THE BANK OF CHINA. 行銀 中
(Specially Authorised by Presidential Mandate of the Republic of China on the 22nd of November, 1917). Authorised Capital $60,000,000.00
$38,278,600.00 9,629,425,21
Paid-up Capital Retorve Fund
HEAD OFFICE: PEKING.
HONGKONG BRANCH. · QUEEN'S ROAD CENTRAL
York. New York Bankas: The Irving
National Bank.
Equitable Trust Company of
York
even.
A
Enquiry from India has in- creased considerably mum volume and although shirtings have been quiet a good business has been done in dhooties, light goods and printe. China has been generally quiet. Egypt has been more active and a steady trade has also been done for the Levantin For Loans granted on approved securities, the Straits and fava a steady mis- Special facilities for Home Exchange cellaneous trace has been going TSUYER PEI... on. The Home trade has been
quiet as is usual at this season
Interest allowed on Current Acccents and Flted Deposita Terns on applica- Every description of Banking Business
tion
transacted.
per cent, below parity, with cost of obtaining money in Austria is 33 per cent, over sterling, it is cheaper to ship gold from America than buy on ex change.
· INDIAN STEEL.
BOUNTY PAYOFRED BY THE ASSENDLY.
(Reuters Service.)
+
BUBSIDIART DOING.
hinese Copper Cash 10 pm. Bar Silver in. Hongkor ...10% pm. Chinese Copper Coats... 6% pol
...74% dis ...pm.
Rate of Native Interest .. Chinese Bub. Colh Hongkong Bah, Coin ..
લ
A Sydney, message states that the Ford Company, of Australia, Ltd., has been registered with a nominal preliminary capital of one hundred pounds.
Delhi, January 26. The Assembly, after slight op position from the Labourites.
Mr. Hoover, U.S. Secretary of Agreed to the notion of Sir Charles Innes, Commerce Member of the Commerce, in his annual report Executive Council, in favour of ato President Coolidge, states that boty not exceeding fifty laklis at he believes European stabilisa- the rate of twenty rupees per ton tion as the result of the Dawes on 78 per cent, steel ingots manu Plan will cause a revival of world factured in India in the year ending trade; and increased consumption September next.
of commodities.'
LOCAL SHARE MARKET.
JANUARY 27. NarD+
TUESDAY, JANUARY 27, 1925.
GREEN ISLAND CEMENT CO., LTD,
BEST PORTLAND
CEMENT
SHEWAN, TOMES & Co.,
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 @ 84.50 per hour. &ton Lorries
$8.50 Waiting at Half Rates ESTIMATES GIVEN
WE SOLICIT YOUR ENQUIRIES THE HONGKONG MOTOR TRANSPORTATION CO., LTD. 28. Des Voeux Road. Contra).
Phone Central 1913
Standard of the Wor
P. D. Box 645.
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.
I A.M.
?
Beck, Exobsngs...
JANUARY 27. Sharebrokers' Association.
AGENTS:-
W
DODWELL & 00., LTD.
MACHINERY DEPARTMENT.
9/31
#73-1/8
b. 1190
b. 281
£11
sank B.S.B.U. T. on selling rate
London
***
9/81 And on Shanghai 73-1/8 Hongkong Banks 1183 b. London-2139 n. Chartered Beuk ཐོས་ *ས་ £ 1. b. P. & O. Bank
.я u à. $100 b
FO
East Asia Bank Mercantile Bank A 3 £25-1/16. do la Oy £13-1/8 b. Marine Inspranosi
Capton Insurance..., ... North China Insurance Union Insurance - Insurance Yangtize China Undirs
Far Eastern...
Fire Insurancon
China Fire Iriatarance ........ Hongkong Fire Insurance.... shipping
Douglases...
H.K. Steamboata... Indo-Chinas (Pref.
Shell Transporta.... Star Ferries Medal
-765 ni
$ 140 a. $180 b
D. 108
b. "A
ti b. 19
b. 765
b. 181
b..
D. 355
Delivered to Peak District (above Bowen Boad)
140
TH
2,40 b, 215 sa
b. 9.0 .250
$ 180 b.
715 a
180 5.718
#67-be
b. be
$38.
b 27.00
$.38.0.
1. 38.
*
day (Def.))
180 n.
do. (HLE. Reg.)
19.
2
120
8
mi 88/.
$139 b.
b. 1891
Hongkong Tuge sad Lighter
#4) b.
b. 41
Oriental Nav. Co.
$255 A.
Refineries
Thins Suger
281 b.
79
Malabon Sugar
Kailan Mining Adm. Langkats...
0% m
D 70/
Omb.
n.
Shanghai Loans
8 0.
Phone Gerrard 5476
3 n
a. 3.00
36. D.
b. 15
P. 1 b. 2.83
$210 b 2ilma, #1BC.....
= 2101
8,158
T 108.
1. 168-1
Tit B.
p. 7.60
Wining
S'bai Explorations... ) #5 pl Angle Langkats ...$10-1/2 m.
Ruths
Trongh Mines
Ural Chap.
Benguet Con
books Wharven, Godewas, do.
H. & K. Wharfs
H. & W. Doch - 100
S'bai Docks New
я, в.
Hongkews
Shanghai Au
H.
*******
*q_018** ***
"ands, Hotels & Bulidings,
Shai Hotela #18-L. Now... 17 b ́ 17:1/2 H.K. Developmenta
70 at b. 80. China Bodes.
* $10) n. Hongkong Ianda ... ***158) b. Humphreys Estaten Kowloon Lande Land Boolamations Princes Building m H.K.. Forritoriala... Rural Lead Ootton Mills.
#
444
$2%-1
b.
-
#150
.
$10 b.
Tie 12.30/4" po.
..
Z Tan.
Ewo Coston Mills, Ltd. z. Kang Yiks Lagu Kung Mowa
Orientals.....
Shanghai Cotto... Tangtazepoos..." Miscellaneous,
Clements
*
.... T. 61-1/2 n. New 883 m.
. $19-3/4 nă› New B-1;1 s.. Cements "Combined" #18) China-Bornaos
China Light (Old)
TH
do. (New) - B18), 6· Comb. 21) 1.
Chias Providente #10) b. : Now 8.85 b. Providenta Combined
Dairy Farms...
HK Electrics...
Macao do
• 447b.
Hongkong and Canton Toes, mm, t
Hongkong Bopp
hopes. Combined.
Hengkong Tramway
13
(b 18 New-b 17}
lib. 75 Cents
6. 109
180
5.3
u. 19.
b4.
n, 60 Now 33 ¤,
(b. 19-1/2 New B (Comb, b 194
b. 10
(New b. 19 Comb, b. 18
(b. 18) Now b. 8 6 1.10
Comb. b. 39-1/..
21, BE
191. Now 10-1/an. #531.h,
ɛ n. 10 Now 11 n
Peak Tramways.(Old). ■ 25 1.
Do
R. Steel Foundry ....
Steam Laundries
Water-boats on pan u ■ 19 b. Watson's Chateau 21 30 mm. Now 14j.b. 14 |
((a. 28 New b; XA
Bingapore Trams
“Lane: Drawcorde
Denton Loos HK Constres
anymor Mackinb
HE
Der A A DETI United. Aboutod
18 a.
***
891.00 per ton
$20.00
$19.00
♫
KAIPING HOUSEHOLD COAL
In Lota of not less than ton :-
„Bowen Rond and Lower Levels
Kowloon
Orders abould 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 Tai Kalan MINING ADMINISTRATION,"
THE KAILAN MINING ADMINISTRATION
1
HEAD OFFICE: TIENTSIN.
DODWELL & CO., LTD., Agents, Hongkong.
1-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-0-=====
A. C. DISS A
(Late of Diss BROS. & MACKINTOSH, LTD.)
HONGKONG
1
C/o CAMPBELL LATHAM & CO.
`TAILORS
59, Conduit Street, LONDON, W.1.
Tel "Jamaco" London.
For over ten years we have been engaged in the manufacture of DOOOsnat all in Singapore. Our brand, 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 China and abroad and it in to facilitate our esteemed patrons that we take pleseure in angonaning -that Mosers. GOH GUAN HIN of No. 64, Bonbam Strand West, Hongkong, have been appointed our sale sgante in Hongkong.
THE HO HONG OIL MILLS, LTD.,.
* SINGAPOREA
G. FALCONER & CO. (HONGKONG) LTD
WATCHMAKERS & JEWELLERS DIAMOND MERUHANTS
UNION BUILDING (OPPOSITE G.POJ
Agents for --ADMIRALTY CHARTA.
ROSS'S BINOCULARS and TELESCOPES.
LA KELVIN'S NAUTICAL INSTRUMENTS..
ENGLISH SILVERWARE, direct trem,” Manufacturers, High Class Burlish Jewellers?