Page

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"HONGKUNG & SHANGHAI THE BANK OF EAST ASIA,

BANKING CORPORATION.

ABAD OFFICE: HONGKONG., AUTHORMED CAPITAL...... "$50,000,000 INSUED AND FULLY PAID UF $20,000,000 ResKRYK FUNDS

STERLING... "E 4,500,000 SILVER...... $28,500,000 RESERVE LIABILITY OF $20,000,000

'PROPRIETORS:..]

COURT OF DIRECTORS: W. La Faltenden Ehipa HP, White, Esq.--Deputy ChairmaD.

A. D. Lang, Baj

B. D. F. Belik, Raq,

W. E. Bell, Esq.

A. Comptes, 'Req,

3..A. Plummer, "Biq,

T. 6. Well, Xa).

Eon.PL.Hazar G. K. Tranh B

CHIEF MANAGER: · A. H. BARLOW, Esq. Manager: Shanghai-G. H. STITT, Esq.

j

LONDON BANKERS. Westminster Bank, Ltd.

LIMITED.

YHEAD OFTICK :--- No. 10, De Vow Bond, Orekend,

Established 1919. ÁVEMBREED CATVIAL: «....................$10,000,000,09 | PAID-UY Qanteaipinunanunue $5,000,000.00 BMary's Forgesparrestarazzo $780.000.00 Every description of Banking an age buriision: treningied, Lower graubed, on 30- Tatarset allowed on Current "Deporte Acoon at the rate of two pau G, PRE KABAN CEBATIR Boepeat four per done per and Fixed

all races For months the tata 'bë 52

For 13 months at the rete di BX per smash. KANTONG PO

Hongkong, March stå-1994. –.

",

NEDERLANDSCHE HANDEL MAATSCHAPPIJ.

(NIFEXKKIALD

1834.

Homemora BRATAM. HIT ANTAKSE 1900. CURRENT ACCOUNTS opened in LOCAL CURRENCY and FIXED

Authorised Capital (7,150,000,000 £12,500,000 DEPOSITS received for one yo-Op Caplist.... 80,000,000 € 6,656,70 aborter periods in Local Currency and Reers Rand 9. 2004,983 21,79-18 Sterling on terms which will be quoted pooth Rearm.6. 22,580,000 2 on application.

Hongkong, 25:h November, 1024.

-HONGKONG SAVINGS BANK.

THE CHINA MAIL.

COMMERCE AND FINANCE.

"SHANGHAI TRADE.

MARKETS GENERALLY DULL

4

M

Western States, Chicago and the Detroit district, the survey says.

BACK TO GOLD.

(Reuter's. Service.)

HELSINGFORS, February M. Ryti, a Director of the Bank of Finland, is proceeding to Lon- don. It is understood his visit is in connection with the restoration of the gold standard in Finland.

The trade revival will witness a more pronounced swing into diver- With the Chinese New Year aided manufactures. The growth holidays almost commenced, there of this district will continue at the is next to nothing to report of the same pace that has prevailed since local markets, says the "Shanghat | 1914, Increase in automotive pro- Times" of January 23. Piece duction and the high prevailing goods are moving slightly but wage scale lay the foundation for little trade is recorded. The same prosperity of that part of the cor may be said for kilk. As regards munity supplying workers' needs. produce conditions generally have A large amount of construction ¦ ¦ made the markets exceedingly | work and road building is in pro-On dull very little baving been trans- spect.

HEAD OFFICE KAMU 7488420 Chiengchow on the Peklog-Hankow'

EASTERN HEAD OFFICE :--Estarin,

BRANCHES. Banjarmasin Bandgens, Calcutta

THE business of the above Rank & Dokjakarta conducted by the,HONGKONG Kota Badia AND SHANGHAI BANKING CORPadang !! PORATION. Rulos may be obtained ba phien!14..

INTEREST on deposite is calculated on the lowest balance during each com- plot Calendar Month at 31 per cent. per annum. Should thore ba do balanoo on any day in a month no intorget will be lower for that month.

Depositors may transfer at their option. Bilance of $100 or more to the

·HONGKONG & SHANGHAI BANK to be placed on FIXED DEPOSIT: at CURRENT RATES,

for the Rozono & SHANGHAI

BANKING CORPORATION, "

H. BARLOW

Chief, Minzing tir

Hongkong, 7th January, 1928:

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

P

INCORPORATED BY ROYAL CHARTER, 1853.

HEAD OFFICE: LONDON.

Paid-up Capital

Reserve Fund

£3,000,000 .....£3,900,000

Reserve Liability of Pro-

prietors

£3,000,000

FOREIGN EXCHANGE and General Barking business transacted,

CURRENT ACCOUNTS opened and TIXED DEPOSITS received for 1 year de aborter pariod at rates which will be

ted' on application.

A. H. FERGUSON,

Manuger.

Hongkong, May 8, 1923.

BANQUE DE L'INDO-CHINE.

HEAD OPPICS: 96, Foulevard Hausmann, Perik Habaribe Capital Frs, 72,000,000.0 Paid-Up Capital

Fr. 68,400,000.00 Reserve Finds Fr. 59,687,288.54 BRANCHES

Hongkong

Morgue

Noume

Perang Botterdam Hingepen Tagal

The Hague

Cheribob

Makumar

Palembang

Pontians Semarang Berabe

Bombay Dember Kobal Mudan

Prenlangua

Rangoon Shanghai

Goenkarte (Bolo) Milatjapi Wallaveden LONDON BANKERS:- Natural Provincial, Bank Ltd. Correspondents all over the world.

BANKING BUSINESS OF EVERY DESCRIPTION.

W. H. GROSKAMP,

AgroL

Hongkong, November 4, 1924,

司公理管業實法中

SOCIETE FRANCAISE » DE GERANCE

DE LA BANQUE, INDUSTRIELLE DĚ OHINE. ETABLISSEMENT FEANCO CHINOIE,

י

(Incorporated in France).

B, Chater Road, Victoria, Hongkong. HEAD OFFICE: 74, Rue St. Larste,

Paris.

Subscribed Capital fully-

paid-up Reserve Fund

M

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

Working fund provided by THE BANQUE INDUSTRIELLE DE CHINE.

1 Frs. 50,000,000.

BANKERS:

Faris: Societo Generale, Nationale de Credit.

Benque Banque de

Paris et des Pays-Baв. London: Midland Bank, Ltd. New York: Irving Bank Columbia Trust

Co

Every description of Banking and Exchange Business transactod. Corres. pondents throughout the world.

M. FITZ-HENRY,

Manager.. 10th November 1924.

*

RAILWAY FREIGHTS.

!

A

EXCHANGE.

Hongkong, Fobrasry 8th, 1916. London~...

Bank,

11

Wire... my

On demand......3/16/19 30 day's night, t 4 months' sight Credits months' sight ...1/4-1 Documentaisik manjbs sight 24-7 "On Parisi. PIRILA (217

On demand..

1030

Uth

Oredite, month)! sight... 1130 On Bandcam On New York-

On demand... 4Credity 80 days" sight On Babay

Wire

On demand w

* 1542

acted during the week, To make The survey 14 based upon reports matters worse, there is very little received from boxiness executives cargo arriving, and as the military in forty States, most of them mem are holding the stratch of railway bers of the Society of Industrial between. Chongchow and Hsu Engineers, chowfu, no produce whatsoever Is arriving from that country be- tween, these important jupetions. Under dormal conditions cargo

(Reuters American Bervice.) would now be arriving fairly freely from this vicinity, but as it is impossible to rail produce past

OTTAWA, February 5. The main legislative programme Hao, or past Hauchow fu on the in the speech to the Throne which Tientsin Pakow-line, the Yangtze was "read at the assembly of is now bare of boats bringing Parliament, included amendments Roods either from Hankow or limiting the authority of the

On domand Pukow. Supplies from Szechwan Senate to override the House of On Singapore also are rare at present, and what Commons legislation to equalise On Man

Ondinand.. with the renewed military up-railway freight rates, particularly. heaval in Kiangsu,, trade in as affecting western Canada. The On Shanghal general is even in a duller state speech referred to the prospects than is usually the case pear the of steady development with which Chinese New Year. The winter the year had opened and added low water above Hankow assists that the financial and trade altua- the situation, steamers being held tion justified the expectation of an

early return to the gold basis. " up in this region.

Consequently, Chinese dealers dare not make new contracts, at least until the military position has cleared considerably. The news from Europe and America has not been satisfactory this week, though there is a general demand for most commodities. If goods were available high prices would not hinder business to any great extent, as the demand is fair. This year the Ghiness aró: having a harder time than ever in getting in sufficient supplies to tide them over the holiday festivities. On the whole the stoppage of arrivals from the interior seems pretty general,

COTTON AND YARN. The local exchange market for Chinese cotton and yarn being closed until after the New Year, there is nothing to report. Re- garding the American cotton market, business has remained very steady of late, and a similar condition. Tules most of the other, märkets. Though there practic- ally nothing locally doing at pre- sent, and all markets are dull, reports from various quarters point to much activity after the holidays,

AMERICA'S TRADE,

A BOOM PREDICTED.

An industrial survey conducted by the Society of Industrial En- gineers of which W. G. Sheehan, of Detroit, is president was made THE BANK OF TAIWAN, LTD. public at Detroit. It reached these.

(Taiwan Ginko.)

Bangkok

Otom

Salgos Ebangbai Singapore

Dibouti

Papbote

Haiphong

Peking

Tientsin

Torrane

Bankow

Prem-Penh Yannenfu

MON

Pondicherry

BANKERS:

Capital Subscribed

Incorporated by Special Imperial Charter, 1899.

IN FRANCE Comptoir National d'Eecompt Capital (Paid-up) da Raya Bos; Credit Industriele Commercial Reserve Fund

de Paris; Credit Lyonnala, Banque de Paris et

Societe Generale.

IN LONDON: The Nations) Previndel'à Union Fank of England, Ltd,; Comptoir National d'Farompte de Paris; Credit Lyonnie IN NEW YORK J. P. Morgan & Co., French American Banking Corporation; Guaranty Trust Co. of New York.

Intesad. allowed on Current Accounts und Fred Deposits socording to arrangement.

Every description of Esaking and Exchange Business transacted.

A. LECOT

N

Hongkong, March 20, 1924.

.Yen 60,000,000

Yea 52,500,000 Yen 12,980,000

HEAD OFFICE: TAIPEH, FORMOSA.

BRANCHES: '.'

JAPAN-Tokyo,

Yokohama, Robe, Osaka," Moji FORMOSA Cirat, Kagh Karenko, Keelong, Makung, Nanto, Pinan, Shinchiku, Taichu, Tainan, Takow,⠀⠀ Tameui, Tobyen, Ako. CHINA-Shanghai, Hankow, Kiukieng,

Amoy, Foochow Swatow, Canton OTHERS.Bangkok, Hongkong, Singa

Soersbaya, Samarang, Batavia, Bombay, London, New

Manager

THE YOKOHAMA SPECIE

BANK LTD.

.i

Established 1880.

Capital (fally paid-up) Yen 100,000,000 Reserve Fund

Yen 77,500,000

Head Ofco:-YOKOHAMA..

Branches and Agencies at:

Batavia.

Newchwang.

Bombay.

Y

New York,

Buenos AyriD.

Osaka.

Calcutta.

"Changchun.

Dairen (Dainy).

Hamburg,

Hankow

Harbin

Peking. Rangoon. Rio de Janeiro. Fengtien (Mukien). Saigon.

San Francisco, Seattle. Shanghal. Shimonoseli Singapore. Soorabaya." Sydney, Tientaln. Tokyo, Talnanfu.

Honolulu

Kai Yuan.

Eobe.

London.

Los Angeles.

Lyans.

Į

Vanils

Nagasaki. Nagoya

Tsingtau Vladivostock, Interest allowed on Current Accounts. Deposits received for fixed periods at zaken in be obtained on application.

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

00000000000000000000

Everything Now! New Khoy. How Stock. New Prissa Buitable for your pocket.

All kinds of Indian and Ciziziose Bilk,

Shavky Embryderien

SIND SILK STORE,

роте,

York,

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

{

The Bank his Correspondents in the Commis! Centre in the Europa Canlan, Blan, India, Philyptus flants, days, and Dutch, Indies, Ant

Tsingtan, Japan, Indo-China,

Talia, Arterion, Africn, da,.

* Interest allowed on Current Account, and Fixed-

Box

Deposit at rates which will be quoted on applic Z. TAMAMOTO,

Manager.

HONGKONG BRANCH,

3 Des Voeux Road Central. Hongkong, 5th June, 1924.

THE BANK OF CHINA.

conclusibos:

An Industrial revival will start early in 1925, gain momentum throughout the year, and reach its peak late in 1926, or, if iffation is properly guarded against. 1927,

The Improvement in business, the latter part of 1924 was largely psychological, says the survey,

The Improvement throughout 1925 will be actual..

There is an abundance of funds to finance an industrial revival and the American business man will take advantage of it.

The prospect of world demand for American manufactured articles among the most important, are automobiles and agricultural im- plements-is exceedingly en- couraging. European competition for world trade will not be as im- portant a factor in the present industrial revival as ten or fifteen years from now.

The development of a great American merchant marine owned and officered by natives with crews is in prospect, the survey adds... raw materials, manufactured pro- Touching upon, production of

ducts, and wage scales, the survey says:

There is the prospect of a slow advance in raw materials and manufactured products during thei next two years. Increase in world agriculture will have a modifying effect on the cost of living. The wage scale will re main near present levels, industry meeting foreign competition based on low wage scales with more $18.278.800,00 ffficient production.

9,829,425.24 Of prospects for the Middle

(Specially Authorised by Presidential Mandate of the Repubile of China on the 22nd of November, 1917): “ Authorised Capital $80,000,000,00 Paid-up Capital Reserva Fand

HEAD OFFICE: PEKING.

HONGKONG BRANGIL QUEEN'S ROAD CENTRAL Branches and Sub-branches all over Chine and Correspondente in Europe, America, and other parts of the world. London Bankers:-The National-Provin-

cial and Union Bank of Englarid, "Ltd: The Guaranty Trust Company of New

York

New York Bankers: The Irving

National Bank.

THE MERCANTILE BANK OF

INDIA, LTD.

DTEAD OFFICE:

14, Grmonchurch Stenit, Lézdon, 1, 1 1.

Authorized Capital Subscribed Capital Paid-up Capital ..... Reserve Fund

BANKKOA) Fe

BELLACHES

On alcati

Wishl On demand

.00

... 11

25.4m,

On demand 30 days sight (private paper). On Tokobam

On densmad SA DAPAL- 146) Gold Leaf, 100 fine (per taal) 47 Boversigns (Bank's buying rate) 8.38 Bilyor (por pa.) Salaj (2)

SUBSIDIARY OBIKE. Hongkong 50 cents ab

E

#1

dis.

$72 dis.

London, February 6-The "Times" City Editor refers to the

10 delay in payment of the December

.8 # coupon of the German issue of the Canton. coins Hukuang Railway five per cent. Bar Silver in Hongkong :10. bonds, and welcomes the official Chinese Copper Cente... Chinna Copper Cash ... announcement that the coupon Rate of Eative Interest will be payable on and after China Bab. Coin February 11-Reuter.

Hongkong 8ab. Oota

-10

pm.

...87% dis

LOCAL SHARE MARKET.

EFICIAL QUOTATIONS.

OFFICIAL

i

FEBRUARY 6. Names

II AM. Brock Exchange

sank

ጎነ

1.8.8. T.T. on selling rate

Landon

N

and on Shanghai

Hongkong Banks 1200.

Chartered Bank P.&O. Bank

2/83 $73-3/8 London-142

£ 31 b.

£ 11 n.

East Asia Bank...

... 102 b. Mercantile Bank A B 296-177 b.

_do. 0 £13-1/8 b.. Marine Insurances Canton Insurance... North China Ipnsrapo Insurance YangWie 156 Chins

Fire Insurances

China Fire Insuranes ... Hongkong Fire Insurance... Shipping

Dong lanes.....

Stormboats

Indo-Chinne (Prat.

do. (Def.)) do:

(E.K. Reg.)

FEBRUARY 6. Sharebrokery' Association.

1/3 $73-28

b. 1900

b. 281-13

t. £11

b. 102

b. "A" ₤194

SATURDAY, BRUARY

GREEN ISLAND CEMENT CO. LTD.

BEST PORTLAND CEMENT

iba

SHEWAN, TOMES & Co.,

General Managers"

HONGKONG.

MOTOR TRUCKING- Our Fleet SF 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,

@ $8.50 &ton Lorries

Waiting, at Half Rates.

K

ESTIMATES GIVEN

WE SOLICIT YOUR ENQUIRIES

THE HONGKONG MOTOR TRANSPORTATION. CO., LTD. 28, Des Voeux Road, ConÏTLİ,

Phone Central 1913:

มา

art

DOW

P. 0.. Box 645.

KAIPING HOUSEHOLD COAL

#luc

In Lots of nos loss than 1-tob zien.

T

4

Delivered' to 'Peak District (abors Bowen Boad)

at, Bowen, Road and Lower Levels

Kowloon

...$21.00 per ton

$30.00 11 $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 Compradoro Order

payable to * Tas Kazán -Mixing ·DMINISTRATION;" }+

THE · KAILAN · MINING ADMINISTRATION HEAD OFFICER TIENTSIS.

DODWELL, & 00, LTD. Agents, Hongkong.

Standard of the Wor

CARBO-LASTIC

Semi Liquid Asbestos Roofing

It et Malv salilaenugan

STOPS LEAKS IN ANY ROOF,

PRESERVES NEW ROOFS. REBUILDS OLD WORN-OUT ROOFS.

WATERPROOFS FOUNDATIONS.

b. "0" 19

765 m. 140..10.

4. 765

140

macy 3200 de 258/9 ms.

201

42) b.

9.90, b. m.

b. 4. 5.10

• 1.90 b.

180

710

58 b.

39..

*$" 38 n.

190 m.

ADEQUATELY GUARANTEED.

PAL

120

120

93/8 b.

a. 93/.

$71 b. &,

*AGENTS :---

A71

141 b. & n.

'D. 4:90

$155 2.

DODWELL & 00, LTD.

D. 265

186 b

11 85

$ 39 b.

The 42

2. 70%-

$92,

#. 13

Shell Transporte ... Star Ferries mamm Bongkong Tugs and Lighter Oriental Nav. Co. Refineries

China Sugar+ Malabon Sagar

Mining

Kailan Mining Adro.`

Langkata

Shanghai Loans

6'hai Explorations...') #5 'ni

Blogle Langkata Haabe

Tronoh Mints

Casp

F

810-1/2)

.4

58.

Wharves, Godowns, "de.

209 b.

T:109) b.

b8-1/2

MACHINERY DEPARTMENT.

b. 15/

Phone Gerrard 5476 Tel. "Jamaco" London.

A. C. DISS

(Late of Diss BROS. & MACKINTOSH, LTD,)

Jing

HONGKONG

C/o CAMPBELL LATHAM & CO.

TAILORS

59, Conduit Street; LONDON, W.1.

14

m: 148

187.90 b. 8 sa.

$910 b.

b. 8

**1 ***

107/23 sa.

B. & K. Wharfs B&W. Dock im Shal Docks the New Engineering!......... B. K. Engineerings. Shanghal Bongkows Lands, Hotels & Buildings,

HK. & Shal Hotels-#17) b. 18 8. New-17.10 b. B.K. Developments 4.70 eta b. 80 8. Hongkong Landı...

107 b. 108 Humphreys Estates...

$12-1/8 s. Howloon Lands Lond Beclamations Princes Boilding R.E. Territoria Cotton Mills Rural Landr

Ewo Cortop Mill, Ltd. * Kunik Tikā ··

Lacu Kang Mons..." o Orientals

***** T4.20 ri. Shanghal Cotton. \T 61+1/# n. Now $23 m.. Yangterepoos son endom Miscellaneous,

244.

མ་

$150 m

$10,b.

Tis 12.70 n.

Cementa

$19.3/4 n. New 9-1,4 L Coibents "Combined" #38 mm. Olles-Borneosdem me China Lights (Old)

$19.15 h. 19-1/1 m. do (Now) $13) D. Domb. 28) s. China Providonia 318? b. 17 as New 9.70 a. Providents Combinad 0401 b Dairy Farms mean, 958) n.

H.Electrics 472 b. 48 mm. Macao do

À 1

"Hongkong and Canton Ices

Hongkong Hope in 10) n. Now 10-3/3 n. hopes t'om'ined....

ЕБЯ п. Hongkong TramWayn

251/2 0. Peak Tramwaya (Old)...

*** $ 2.0 8. (Now) Brean Latbdren a

H.E. Steel Foundry:

Water-bosta toga ne m↑ 17-1/4 n.

17. 18 Now-b 17 b. 70 Oents..

b, 107 107/108

1. $1.80

11.00

3.80 1.60 New 32 5.

(b. 19-1/2 Bown. (Dom 16.10

18 40 (New n. 12 Comb b 38 a 261 26 (b. Jej i 17 New. b. Ditaw 9.70

Comb h 40

b. 181.

b. 47-84471/48

n 19 Now 11 m

£3,000,000

1810

1,800,000

Watson's

21. Nuw 143 vai

1,050,000

Wm. Powells

1,280,800

Lane Crawfords ...

19.06.

Cation Toes

The Equitable Trust Company of New The Bank of England & Midlanet Bank, Lai,

York.

alla SR Londres (Hampowe

MOYXKY

*RANGHOT BAR

Honrak

Interest allowed on Current Account] "SKAN HARAM |

New York

and Fixed Deposits. Tormi on applicantly, hernachtha

Every deeligion of Banking Bulinaia

tion

(transacżąd.

Iranted on appzor

"TSUYME "PIL.

·FrigowONORMANDU,

Hingapore

GIFTEREEF Moula "oh Dafrikk Kösemisest. Spus chagina de Dally, Palsson, and uk Blend, De

3.1. mode.

H.K. Constructión.../

Nanyang Tobacco

lacerce Mackintosh

H.K. Realty No

*B.K. Taka, 200, 200,

China Hoes

Bingapen

12-1/2..

tFULNa

"Edi dial, ten years we have heeft engaged in the manufacture of Dogonut oil in Singapore. Our brands, the "Coconut Tree," !TM Elephant.!” and “Star”,”. are 'renowned for their excellent standard, pra bee's remalon, and elarity, and, are free from imparity or adulteration. Thema products are already known in Chins and abroad and it is to facilitato Dar welcomed. patrons that we take pleasure in announcing that Mosers. GOH GUAN HIN of No. 64, Bonham Strand West,

Harga Hongkong have been appointed our sole Agents in Hongkong.

THE HO HONG- OIL MILLS, LTD., Page with in NESINGAPORE.!

C. FALCONER & CO. (HONGKONG) LTD

WATCHMAKERS & JEWELLERS DIAMOND MERUHANT.

UNION BUILDING (OPPOSITE G.P.O.)

„Agente for—ADMIRALTY CHARTS

ROSS'S BINOCULARS and TELESCOPES

LUNAUTICAL INSTRUKERN:

ERWARE, direct from «Maz English Jewellery-

a.

ENGLISH SI

13

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