Page

.

HONGKONG & SHANGHAI THE BANK OF EAST ASIA,

BANKING CORPORATION,

dead Office; HONGKONG. AUTHORISED CAPITAL........... $50,000,000 ISSUED AND FULLY PAID UP $20,000,000 RESERVE FUNDS :-

STIRLING... Z 4,500,000 SILVER...... $28,500,000

RESERVE LIABILITY OF

PROPRIETORS..a 19mes29)

$30,000,000

COURT OF DIRECTORS: W.`l. l'attendees, Bagi kalyaAN SAU

H. P. White, Eau-Deputy Chairman.

↑ A. Ó. Lang, Esq.,

-B/D. F. Being Faj.

W. H. Bell, Eq

AB.Compton, "Ea. How. Mr. P..oiyon

7. A. Plummer.

Aq.

T. A. Well, Han. G. M. Young, Esq.

CHIEF MANAGER: A. H. BARLOW, Esq.

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

LONDON BANKERS. Westminster Bank, Ltd.

CURRENT ACCOUNTS. opened in LOCAL CURRENCY and FIXED DEPOSITS received for one year shorter periods in Local Currency and Sterling on terms which will be quoted en application.

་་

Hongkong, 25th November, 1924,

HONGKONG SAVINGS BANK THE business of the above Bank is condusted by the HONGKONG AND SHANGRAL BANKING COR- PORATION. Rules may be obtained on application.

INTEREST on doponits ie calculated on-the lowest balones during ouch com. ploted Calendar Month at 3 per esnt.

. per annum. Should there be balance

on any day in mouth to interist wil: be allowed for that month.

..

Depositors may transfer at their option Balance of $100 or more to the HONG KONG & SHANGHAI BANK to be placed on FIXED DEPOSIT st CURRENT RATES.

"

For the Roxoxona: & SgaraKA) BANKING CORTOSATION, JF BARLOW,

Chist Manager

Ho igkong, 7th January, 1995,

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

INCORPORATED BY ROYAL CHARTER, 1853.

HEAD OFFICE LONDON.

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

prietors...

r

£3,000,000

...£3,000,000

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.g

'A. H..FERGUSON,

Manager. Hongkong, May 8, 1923.

PANQUE DE L'INDO-CHINE.

a

HEAD OFFICE:

94, Ponlevard Hatton, Par Rubacrimi Capital ... Fr. 72,Mon Pald-Up Capital ...FT. 68,400,000 00- Reserve Funds ...Pr«. 59,667,285,84

Bangkok

Battambang

Canton

Djibouti

Halphong Hanko

Fapol

BRANCHES Hongkonx

Mangtu.

Noumer Paposte Paling

From-Pesh

Pondicherry BANKERS:

Halgun

Alienshai Hinyara

Tientiin

Tourant

LIMITED.

HEAD OFFICE:---

No. 10, 'De Vosur Road, Qantas).

*** Patablished 1919. · ÁUTEURENO ČAPIZAX $10,000,000,00 FAID-UP CAPITAL.................................................. $6,000,000.09 Banesa Fundame $750,000,00

THE CHINA MAIL

COMMERCE AND FINANCE.

COMPANY MEETING.

SHANGHAI LOAN AND

INVESTMENT CO. ***

STERLING EXCHANGE,

"London, February 8. It is announced that Canada is. arranging in the London market

EVATE CONCEPTING OF A SKRE A DARE SATISFACTORY YEAR DISCLOSED to replace the maturing £5,000,-

business KYRAM 8704, Lisan praised VE AD- | provať soeurskins.

Interest allowed on Current Depot ADORNI At the male of Two per oral per am an Baring Deposite at the following rates

13

000 loan short term sterling-Trea- This is the first The annual meeting of the sury Bills. Accounts Four per al per tant, and a Fixed Shanghai Loun and Investment Canadian financial operation in Co, was held at the offices of London since the war and reflects

The George McBain, I

Bund, recently. Mr. R. 5. F. McBain the improvement in the sterling presided.

For I months at the rate of 12 DOF ARIUM

12 per AS, for moly at the rate For 11 mouth so the rate on 4% par saved

KAN TONG PO,

Chief Manager. Henrtoar, March Alb 1979

NEDERLANDSCHE HANDEL MAATSCHAPPIJ.

(ÎNTICELANDO TRADING BOGDEX,}

ENTAL 1894,

HEAD OFFICE --Ameerders, EASTERN HEAD OFFICE :--Entavia, BR. NUHES:-*

The Chairman saidi

exchange,

The "Morning Post's" Wash-

EXCHANGE.

Hongkong, Fbruary 4th, 1995.

Da London

Bank. Wirs...

On demand.. .../16/18 30 day's sight...

months' eleht 24- Credits 4 months' eight ...1/4-

months sight 9/1-

On demand..."

Documentary, umest

1020

Grodita, 4 month' right..... 1150

On demand...

On New York-

On demand...

Credita, 60 days' right

On Bombay--

Wire

On demand.

The

Wire

On demand..

On Singapore-

On Manlia

On

On demand.

On demand... Shanghal-

On demand...

1501

001

учени

111

nom.

30 days' sight (private paper) On Yokoham On demand...

148 Gold Louf, 100 fine (per taol) 48.62 oversigns (Banks baying rate) 838 Silver (per or.)

SUBSIDIARY GOING,

The result of the year's working was, I think, fairly satisfactory.ington correspondent says that Calcutta- The profit and loss account, includ. the heavy exports of gold are at- ing Tls. 35,608 34 brought forward tracting attention in the Press, from last year, shows a balance but without arousing nervousness of Tis.. 194438.92 and I shall pro- pose later on that this amount or substantially affecting the markets. Twenty-eight million HONGKONG BANK Era 1900, should be dealt with as follow:- Tix.

sterling was exported in Decem 21,000,000 To pay a Dividend of 12 Authorised Capast. 150,000,000

ber and January. Financial Pald-Up Capital...G, 80,000,000 £ 6,656,670

per cent.

150,000 Reserve Fand G. 20,045,083 2 1,870,419

circles anticipate that the heavy 25,000 Brocial Reserves...G. 21,580,002 1,389,330 add to general reserve...

19,438,92 movements will continue for some Carry forward

time, due to the operation of the Tls. 194.438 92 British-American financial under- The actual net amount earned standing, with the object of forti- Hongkong 60 cents sub. was Tis. 158,740 58 and it may be fying the position, of the former thought, therefore, that we preparatory to a return to the suggest paying out rather gold standard, since a large pro- fully, but I think that it is justified portion of the exports are going Sort (8olo) as our reserves will then auto British centres, like India and

325,000, which is ample. Also the accounts make Australia, thus" relieving London a good showing Inasmuch as of the strain and consequently not the market value of the invest depressing sterling exchange. ments and debentures exceed the Reuter. value ‘ar which they stand in the books by Tls. 750,000 There is only one loan insufficiently covered and that is, of course, covered by our reserves. Interest on this loan. has been paid in full.

Bandiermain Bandoeng Bombay Dokkarta

Cabuta

Palembang

",

Überthon

The Haroo

Kota Radja Padang Peman Reiteres Singapore Tegal

Makar

Djember Kobe Hudin

Pontiana

Pecatongan Rangoon

3. Bemarang:

Abang hni

Weltevreden

Boeraba Tilletja.p LONDON BANKERS: National Provincial Bank Lad Correspondents all over the world,

BANKING BUSINESS OP EVERY DESCRIPTION,

W. E. GROSKAMP,

Agent.

Hongkong, November 4, 1924.

- י

到公理管業實法中

SOCIETE. FRANCAISE DE GERANCE

DE LA BANQUE INDUSTRIELLE DE CHINE.

נו

OHIN018..

ETABLISSEMENT FRANDO

(Incorporated in France).

...

!

5. Chater Road, Victoria, Hongkong.

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

Subscribed Capital fully

paid-up Reserve Fund

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

Working fand provided by THE BANQUE INDUSTRIELLE DE CHINE. Fra, 50,000,000.

DANKERS: Paris:Societe Generale, Banque Nationale de Credit. Banque de Paria et des Pays-Bas, London: Midland Bank, Ltd. New York: Irving Bank Columbia Trust Every description of Banking and Exchange Business transacted. Corres- pondents throughout the world.

M. FITZ-HENRY,

Manager.

Co

10th November, 1024.

to

TIs.

The advance in the value of rubber shares during the last year has helped us considerably and I think we have very little cause for anxiety in this respect "noW. Three years, ago, I told you that we had about Tls: 570,000 in gubber, but at the present time it is very much less, and we have no

loans against rubber shares at all.

Our trading during the year has been оп very cautious and conservative lines and w?lin continue to be so. With a limilied market such as we have had during the past year I think we have been able to show a good result, and I hope we shall be able to do as well in the coming year. The general business situation-in Shanghai as you know is not very encouraging, but still there are signs of improvement..

There is nothing more I think that I can add to what is already fully set out in the report, but if anyone has any question to ask. I shall be pleased to answer them to the best of my ability.

The following resolutions were passed:-

That the report and accounts, as presented be passed-Proposed by Mr. R S. F. McBain, seconded

THE BANK OF TAIWAN, LTD. | by Mr. John Prentice,

(Taiwan Ginkö.)

Incorporated by Special Imperial

Charter, 1899.

Capital Subscribed

Yung anfu Capital (Paid-up)

Reserve Fund

IN FRANCE: Comptoir National Ecampi de Paris; Credit Lyonnale, Banque de Paro at des Pays-Bas; Credit Industriel et Commercial Bocleta. Generale.

IN LONDON: The National Provincial & Usios Bank of England, Ltd.: Compicit, Nasional d'Ecouple de Paria; Credit Lyonni

IN NEW YORK: J. P. Morgen & Ca. French American Banking Corporation;

· Guarnoty Trust Co. of New York,

Interest allowed on Current Accounts and

Fixed Deposits according to arrangement.

Every description of Banking and Eachang Basins traza acted.

A. LECOT,

Manager

Hongkong, 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:

Batavin.

Rombay.

Buenos Ayres.

Calcutta.

Changchun.

Dairen (Dalny).

Newchwang.

New York.

Osako..

Peking.

Rangoon.

Rio de Janeiro.

Fengtien (Mukden). Saigon.

Hamburg.

Hankow.

Harbin

Honolulu, -Kai Yuen.

Kobo,

London,

San Francisco. Seattle,

Shanghai,

Shimones ki.

Singapore, Soerabaya.

Sydney. Tientsin.

Tokyo. Tsinantu

Los Angeles. Lyons. Manila, Nagasaki.

Teingtau Nagoya.

Vladivostock. Interest allowed on Current Accounts.

Deposits received for fixed periods at rates to be obtained on application.

C. ARIMA, Manager. Hongkong, 27th October, 1924.

FOOK HUN FOR BALK, PINKM””HÃES, ISH HAUN Straw Hate and all Kinde

HATS CLEANED A SPECIALITY? * No. 60, Wellington Streek,

SHIPYARD DEAL.

Amsterdam, February 3. The Royal Dreh- and "Shell group, conjointly with the Rotter- dam Dryck Camey, have taken over the Nieuwo Waterweg Ship Yard, near Schiedam-Reuter.

"

10

Canton" cotne

19

#+

T par.

% dia. 6% dis.

dia. 9.00 Bar Silver in Hongkong...10% pm. Chinese Copper Cash 10% pa Rate of Native Interset Chinese Copper Cente Chinos (Suo. Gola Hongkong Suh. Coin -

WEDNESDAY, FEBRUARY 4, 1925.

GREEN ISLAND CEMENT CO., LTD.

BEST PORTLAND CEMENT

SHIWAN, TOMES & Co.,

General Managers.

HONGKONG.,

MOTOR TRUCKING Our Fleet of Fast, New and Up-to-date Lorries assure you a rapid and efflcient service at Minimum Rates. 1-ton Speed Wagons - 3-ton Lörries

@ $4.50 per hour. @ $8.50 Waiting at Half Rates ESTIMATES GIVEN

WE SOLICIT YOUR ENQUIRIES THE HONGKONG MOTOR TRANSPORTATION CO., LTD. 98, Des Voeux Road. Contrál.

.6% pa. 7.% p ...27% 18. ... dia.

Phone Central 1913

STUFFY COLDS.

Mothers, why allow "snuffles" and stuffy wheezy breathing to distress your babies when quick relief follows the use of Chamberlain's Cough Remedy? It checks the development of a cold and croup and whooping cough. Every user containa no narcotics. It is good too for

is a friend, For sale everywhere.

LOCAL SHARE MARKET.

OFFICIAZ QUOTATIONS.

"E "RUARY 4. Kam-35

ཁྐྲls་

II A.M.

Stock Exchatge.

FS.B.. Top selling rate

London

and on bangbal

***

16/2

$73-3/8

£ 21' b.

་་་

Ropekong Ranks 1:06. London #140 b. Obartored Bank

£11:a. P. & D. Bank...

$10% b. Fast Asia Hank ...........da Mergantis Bank A B'Etruftb.

▸ do.

£19-1/8 b. -Warine Insurances

Canton Insuranc..... North China Inkarsace Ocion. Insorspoe Toagrance Paneteen China Undirs

Far Easterne ... Fire Insurances

China Fire Insurance ... Honkkong Fire Insurance... *hipping

Douglanes...

FRERUARY 4. Sharebcokers association.

9/35 $73-3/8

b. 1900

b." £81-1/2

a.211

b. 12

b.

1991

b."'0" 131

b. 59.

b. 38 38t

1. 48

756 m.

765

$ 140 p. #960.3 39. $413 b.

140

b. 181

b. 42

2.80 D. $11.00 5.

b. 2,90 za. 3

197 b

b.

180

710

1,

71%

#59 h.

E.K. Steamboats '... fado Chinas (Pref.

$ 39 c.

$ 38.

'do.

(Def.)) ..

$ 190.

do. (H.E. Reg.)

190 D.

+ 180

Shell Transporte...

90/- ».

3

931.

Star Ferrics..

171 b. x.d 71-12 48. x.F:-

143/4 c.r:

Tis.

Hongkong Tags and lighter

4 b. ha clan.

triental Nev. Co.

$255 D..

b. 1.90 8 5 8 475/09

17. 185

Refineries

150,000

China Sugar ***

185 18.

'b's B

Malabon sugar.

IM

39 D

25.000 19,438 92

Mizlag

Kalan Mining Adm.

70%

Labokati....

C mb. #12 m.

7. x.d.

n. 6-1/2

1. 9.

A.,2.90

b. 15.

That the balance at credit of profit and loss account be dealt with as follows:-

To pay a dividend of Iz Yen 60,000,000

per cent Yen 52,500,000 Yen 12,080,000 To add to general re-

serve...... To carry forward.......

HEAD OFFICE:** TAIPEH, FORMOSA.

Kobe,

BRANCHES: JAPAN-Tokyo, Yokohama,

Osaka, Moji. FORM SA Giran, "Kagi, Karenko, Keelung, Makung, Nanto, Pinan, Shinchiku, Talchu, Tainan, Takow, Tamsui, Tabyen, Ako.

CHINA-Shanghai, Hankow, Klukiang

Totals.... 194,488.92

Proposed by Mr. R.S. F. McBain, seconded by Mr. John Prentice.

That Mr. A. J. Welch be ft- elected a director of the company, seconded by Mr. E B. McBain," Proposed by Mr. W. G. Piric,

Amoy; Foochów, Swatow, Canton. OTHERS. Bangkok, Hongkong, Singa-

That Messrs. Lowe, Bingham pore, Soerabaya, Samarang. and Matthews be, re-elected audi- Batavia, Bombay, London, New tors for the ensuing year.—Pro- York.

posed by Mr. E. B. McBain, seconded by Mr. A, G. Meise.

.

LONDON BANEERS: London County. Westminster and Parr's Eank.

The Bank has Carrenpandenta in the Commerzi Centros in the Kerepaso Cratinant, Bustin, Mar eburta Talngtao, Japan, Indo-China, Blaw, Ladin, Philppine Lelande, fara and Davoli Indies, Austi ralla, Amerion, Ašílen, ko,

Inseran allowed on Gratade Anconat, and Fixed

tla..

Debut al sales which will be quoted as applies *Z. YAMAMOTO, Manager. HONGKONG. BRANCH,

3, Des Vooux Road Central. Hongkong; 5th June, 1924,

+

CHINA'S CREDIT:

London, February 3. Financial correspondents of news. papers comment warmly on the failure to my the December coupon of the Gorman, portion of the Hukuang Railways flyɑ per cent. loan, notwithstanding official na- moval of the embargo last year. It is understood the necessary funds are available, und that the delay is due to differences between the Chin ese Government and the distribut

The newspapers ing agencies. (Specially Authorised by Presidential hope for the sake of the bondholders Mandate of the Republic of China “and, Chin's credit that steps will "on the 22nd of November, 1917). be taken promptly to end the delay. Authorised Capital

THE BANK OF CHINA. ́行銀國中

Paid-up Capital

Reserve Fand

$60,000,000.00-Reuter.

$19,278,000.00 9,629,426.24

HEAD OFFICE: PEKİNG.

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 New

York.

New York Bankers: The Irving

National Bank,

THE MERCANTILE BANK OF INDIA, LTD.

لمحمدي

READ OFFICE:

12; Groenhurch Atrael, London, 1, (3, 8.

Authorised Capital

Subscribed Capital Paid-up Capital Reserve Fund

BANKERS:

The Equitable Trust Company of Now Back Galla BANCHES

York.

Interest allowed on Current Accounts and Fixed Deposita. Terms on applica- Every description of Banking Business, transacted.

Loans granted on approved securities. Special facilities for Home Exchange.

TSUYER PEI, Manager.

£3,000,000

1,900,000 1,050,000 1,260,000

The Bank of Eagland Midland Bank, Ltd. › »

Camp Ranacon Bacarta ZONE Madras

Shangos Mowe New York

Pimla Ondout Kandy Реали

Alagapore Colombo Karnótti Pork Louis (MANUED)

OLUN!"

BELT HONGKONG BRANCH --living-Rassipilis val Riching on desinchange- bord-

tad

INTEREST Dowed on Comet docents p

cum on Daily Face and our Fired be pontú až masse that may be sapsesalsad on appication

(1. 1. 2018,

́ ́7, Qomen's Road Destral, Hongkong, January 11,116.

Shanghai Lowas S'hai Exploration... 1.35 . Single Langkata Raus

Tronoh Minee

Ural Corp.

Benguet Con ...

***

Dooks Wharven, Gedowns, &c.

UK. Wharts "...

H. & W. Dock all. S'hal Docks

'm'i

#

a. 13

310-1/1.0

58.

8. D

P. 11.n.

$ 200 b. 210 16

101.

2001 b. 5. 201,315

RA. 148

T 1:00

990, 100

87.6) b.

b. 74

$210 b.

New Engineering......

H. E. Bagineerings.

Shanghal Ronskewn

IM

17 h ...70 cta. b. 80' «.

Lands, Hotels & Buildings, H.K. & Shai Hotels $18. New H.K. Developments Hongkong Lands... Humphreys Estates Kowloon Lands Land Reclamations Princes Building ..... ELK. Territoriale....... Rural Land Cotton Mills.

-

(18) Now-b17.

b. 21.80

.

100 D. 3

b. 70 Cents

$107 b. 106, 108/8) en $92-1/2 4.

b. 108

1081 a. 108

142

$150. n. 91 Av .... $10 b.

Tle 12.70 b.

T4 20 n.

T 81.1/3 n. New $8) n.

Ewo Cotton Mills, Ltd. Koog, Tike Lagu Kang Maws... Orientals... Shanghai Cotton... Yangtsrepo06... Miscellaneons,

Coment

*#19.8/4 m. New 8-1/4 1. Coments "Combined! #384 b. 28:1/3 China-Bornece

+

China Lights (Old)

$19.15 h.

do (Now) $13 b. Oomb. 87) n.

b. 19.49 as 1280

6370 3.00

n. 60 Now 33 1.

| (b. 19-1/2 Now n. 8j (Comb, b 18) 201

b. 19 (New 6. 12 Comb, s. & sa 26Į -

Comb. b. 401 b. 201

China Providente 318) 5. Now 9.70 b. 9.50 sa. - (b. 16) « 17 Now b. 9,60 a 9.50 Providents Combined ·..... $401 b.

Dairy Farma...

H.K. Electrios

Macao do

436

Hongkong and Canton Tes

hopes Combined

· Peak Tramways (Old)..

Do.

--

am

....$20 b

$47in.

b. 49-8,4 cm 474

n. 8)

Hongkong Rope

181 h. Now 10-1/3 n.-

n. 18 Now In

$38 22.

n. 66

Hongkong Tramways.....!

́851 E.

„B ́64 8. 54† má 53}{54į

5. 20

... 12-1/3 a.

A. 9

... 17-1/4 62

n. 10. 10

21. New 15 b. 16.

(u. Si Newb, 14

919.30 b..

b. 191

# 6-1/2 D

$74'b. 8-1/8 4.

b. 10

8-12-1/8 n.

#1 b

n. 18

H.E. Taxis

b. 21.

China Bus

#10.30 h.

Lingapore "Ir155T

Der A. Wine fally, paid - 1. 10. 20

Do bald

. 10

United Aboston (Founders)

603

(Ordinary) | #o n.

'18

Steam Laundries H.K. Steel Foundry Water-bosts... Watson's... Wm. Powells Lane Crawfords ... ' Deaton Loca**** R.K. Construction Nanyang Tobacco Binceres

Mackinto

B: Realty

پور

Smart

Scout

THE

P. O. Box 845.

Hats

GRENESSEREADORB34415NO

WING ON CO., LTD.,

HONGKONG.

THE WORLD SUPPLY "CO.

81, Connaught Road, West.

·PAPER-*** FANCY PARASOLS IN SILK" AND

UMBRELLAS-EXCELLENT 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 SINCERE CO., WING ON CO., THE EASTERN TAILORING, 64 Welllogtoń St.

Phone Gerrard 5476 —

0-0-0-0-0-0-0-0-0-0-0-00000000

Tel Jamaco" London. A. C. DISS

(Late of Dias BROS & MACKINTOSH, LID)

HONGKONG

C/o CAMPBELL LATHAM & COM

TAILORS

38, Conduit Straet, LONDON, W 1.

For over ten years we have been engaged in the manufacture of 000ormat oil 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. Theme products are siready known in China and abroad and it is to facilitate our esteemed patrons that we take pleasure in announcing, thực Mesra, GOH GUAN HIN of No. 64, Bonham Strand West, Hongkong,

have been appointed our sole agents in Hongkong.

. TEX HỌ HONG ONG YILLS HID,

SINGAPORE.

C. FALCONER & CO. (HONGKONG) LTD

WATCHMAKERS & JEWELLERS DIAMOND 'MERCHANTS

UNION BUILDING (OPPOSITE, GR.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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