Page

2

HONGKONG & SHANGHAI

BANKING CORPORATION

HEAD OFFICE: HONGKONG.

AUTHORISED CAPITAL..... $50,000,000 LAHURD AND FULLY PAID UP $20,000,000

RESERVE FUNDS

STERLING... £ 4,800,000 #

SILVER...... 825,000,000

P

RESERVE LIABILITY OF $20,000,000

PROPRIETORS..............}.

1!

معين

COURT OF DIRECTORS

W. L. Pattonden, Eq-Charan,

H.P. White,

B. D. F. Beith, B

-Deputy Chairman,

Hon. Mr. 4.0. Lang JA. Plummer Big T. G. Well, Hay, Hon Mr. Holyoak 1, M. Young, H. v

W. H. Bel, Hay.

A. R. Campton, Rm.

CHIEF MANAGER:

A. H. BARLOW, Esq.

"

LONDON BANKERS. Westminster Bank, Ltd. CURRENT ACCOUNTS opened 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.

Hongkong. th February, 1925.

HONGKONG SAVINGS BANK.

THE business of the shove and is

COMMERCE AND FINANCE.

13

PRESIDENT SHIPS.

EMBARRASSED BY FRENCH.

OFFICIALS.

GOLD IN AMERICA

SOME STAGGERING FIGURES PRODUCED

THE CHINA MAIL.

It has just come to light that It is commonly declare France is not the only country innowadays that "America has whose ports American vessels the surplus gold of the world." have been embarrassed by the This is not true but figures that authorities to recognise the have just come to my hand show classification of the Americal that she has an almost alarming Bureau, of Shipping (writes the proportion of it So stupendous "Nautical Gazette"). It will be

with which

there are

HANKOW TRADE,

BRITISH CHAMBER OF COMMERCE REPORT,

In their report of February 4 the British Chamber of Com- merce, Hunków, state:

Ten-There is no

change to report.

The following are the exports January 28:- of black tea for the week ended

Shanghai

All China

Piculs 'Pounds nil nil

ports Except Shung-

EXCHANGE.

Hongkong February 27th, 1898., Un London-

-Bank, Wirg. ⠀ "

19

On demand...8/2,10:0 30 day's night.

months' sight.. 914-1 Ocerita mentho' sight ...2/4-3 Documentary, 4 mon'ba sight 2/3 k * Pario-

Un demand...

'1 .៧១

Credits, 4 month: sight... 10

On donand...

In New York-

On domand

Credits 60 dan ight

Hombr

Wire

On domand...

135.

Calcutta- "Wire

*

pory--

On demandin Da Manila-

On demand

Shanghai

..

On demand... !!!

咖啡

SATURDAY, FEBRUARY 21, 1925.

·VÍSITORS AT HOTELA, "

HONGKONULHOTEL, 13 2

Mr L. Adler

February 187

Missas A. and F:

Mr and Mrs P. M. Hamilton

Aikon Mr R. T. 6. Aitken Mr W. D. Hawes He W. 8. Allco

Mr G. Harriman

Mr and Mrs à. S'

Mr and Mrs A. W. Herse

Van Andel

Mr G. Apfelbaum Mr A. Aubry

Mr & Mrs A. Hicks Mr A. R Jobaton Mr & Mrs E. Keller,

Er and Mrs J. T.Mr & Mrs Kolling-

Begran

bazen Mr. Ranhan Mr O P. Kershaw

Isa K. Bandorolli Mre W. R. Kimball

Min Barlow Mr and Mrs Joan Mr&Mrs N. Bea! Knoth

די.

Mrs E. B. Bolilios Mr and Mrs I. R. Mr Y. Benjamin Kraakman

Mr Beit "Mr and Mrs 0.

Mer W. Be. Laurson

preal

F. 091

MT HL. "Bickerton

110

Mr R. J. Birbeck

Mr Biankoteki

nom.·

Mr M. Blane

Hr G. Bowack

30 days' eight (private paper)

On Yokoham

1418

On demand.... TH Sovereigna (Bank'e buying rato) 8 99 Gold Lol, 100 Ano (por tad)) 47.40

Bilvar (por p.)

SUBSIDIARY COINI. Hongkong 50 cents sab... par.

10 TH .5

Canton coles Bar Sliver in Hongkong Chinese Copper Cash Obinose Copper Conte... | Rate of Nitive Interest

Obinose Sub. Coin Hongkong Bah, Coin. ...

100 14% dis.

82 dia.

....208 %, dla...

10% pm 31

10% pm.

Mr T. B. Brown Mr A. W. G.

Browne

Ma P. P. Lefevre

Mr. E. Liddell

Miss H. Lio

Mr M.P.B. Marshell

Mr D. McCallam

Capt A. W. McKin

M. D. MeLood Hr"B, T Yenkla- Mr II. F. Buchanan_burgh" Mr R. O. Burdin Mre J. H. Mr G. W. Barve Michael Mr E. Carlton ME. W. Millor

|

THE BANK OF EAST ASIA,

... LIMITED.

HEAD OFFICE- HONGKONG...

Authorised Unplía

Paid-up Capital

10,000,000,

$8,000,000,

Reserve Fund... 1,000,0ÜD.--

DIRECTORS:

Hon. Mr. Chow Shox Sen-Chairman.

Fung Ping Shan

P. K. Kwok

LA Koon Chun

Ng Ching Link

Fong Wai Ting

Mok Ching Kong

Wong You Tong

Hujali Tal

Kan Ying Po Chan Chilig Shek Every doserision of Banking and Exobang baaities fransacted. Loatis granted approved accurities.

SAFE DEPOSIT BOXES te let.

HAN TONG PO,

Chief Masager.

Hongkong, 18th February, 1925.

NEDERLANDSCHE HANDEL MAATSCHAPPIJ.

(NxTmemlande. Twanson Koorert.) |

ESTABLISH BY 1994. ·'.

HONGKONG BRADOR ESTANLOVED 1800. Mo-Authorlod Capital.180,000,000 £12,500,000

Fald-Up Capitat .....69.. 80,000,000 £ 6,566,87% ( Beserve Fund..... 20,148,082 £ 1,870,419 Epecial Roserros..., 2,660,000 £7,388,820 HEAD OFFICE—Amelerdas EASTERN HEAD OFFICE --Batavia,

Mr S. Christopher Capt. and Mrs I.

MUS

Dr. Christopherson Mr and Mrs T. 9. Mra Christopherson Moore and child

Mr and Mrs W. A bir R. B. doorhend

Corn 11

Mr A.B. Mnich

Mr J. E. Dangcar

Mr W. Norwood

Exports: Business has been quiet and the local market has not yet recovered from the holl- days Purchases are reported of wood oil for which there is a little inquiry from Europe, but there is still no demand from America: the local market for this article are the figures that the people ported of goatskins. There have. is firm. Purchases are also, re- regalled that when the President residing in poverty-stricken China ships in the round-the-world serhate the per capita spending been inquiries for cowhides and vice of the Dollar Company called powerla, say from two dollars gold the market is strong with values o demand at Marseilles the French official to two and a half-will be rising. China grass is firm, Handger; Shanghai—G. X. STITT, B-. | decided that these would have to staggered to learn of the immense Cotton stondy. Sesamum seed{

of capital this country easy. be surveyed In France "if they stores were to continue using French possesses In 1912 the national

Piece Goods and Yarn The ports because France did not re. wealth was estimated to be market is not expected to re-open cognise the classification of the $186,299 millions; ten years later until after the 7th instant American Bureau. Negotiations in 1922, the latest year for which (Chinese 16th). A few clenr- have been proceeding and the Government calculation brings this

official figures) the ances have been made.

Black matter is now nearing a satisfaé tory settlement. It now develops, to the staggering amount of however, that lenly has made cer

$320,803 million. tain demands upon these same the combined wealth of the United The last fiugure was as much as ships and has laid down several Kingdom, France, Germany,Spain, stipulations

the italy, Poland, Canada, Argentins, vessels must comply if they wärt Brazil and India. In the absence to use Italian ports.

of official data, any attempt to This became known when R. estimate the rational wealth at the Stanley Dollar arrived in New present time would be mere guess York after a trip around the work, but it is safe to say that it world. He said that Italian has materially increased over the officials had asked that Dollar ships using Italian ports, seen in what has taken place dur- the 1922 record. A fair guide may be. be

equipped with delousing ing the past few months. machines, each one of which I notice (says a San Francisco on any day, in a month no intorest will would cost $800,, but, as. Mr. Correspondent on February 10) Shanghai-35,818 pieces untann- vegetable tallow 32,444 piculs Mr & Mrs CB.Mr Moorhead

Dolly pointed out, even if these that from the low point reached machines were installed the com- by the security markets in the third ed goatskins, 9,303 piculs wood oil: to France 249 piculs pany has no authority to compel week of April last, listed values on vegetable tallow, 23,002 picula wood oil: to Belgium-333 piculs Passengers to submit their bag the New York Stock Exchange ree raw cotton, 8,400 piculs sesamum gall'nuts: to Germany-583 piculs Mr page and clothing to the process gistered a gain estimated at abour seed, 10,269 piculs beans, 9,464 cow hides, 674 piculs China grass,

Furthermore,

479 piculs vegetable tallow, 6,432 Italian $7,700 million. These figures do not piculs shelled groundnuts: to picule wood oil, 500 piculs hen Authorities insist that each include bonds, unlisted securities, other ports in China-300 piculs yolk: to Italy-4,256 piculs vege- vessel be equipped with a special bank stocks or the securities raw cotton, 568 piculs beans, table tallow, 10,080 hospital for third-class pusgen-actively handled ca the ex- 1,073 piculs shelled groundnuts: gers, and this in spite of the fact changes of other cities. Nor does to United Kingdom-676 piculs sesamum seed, 255 piculs wood oil to Holland-399 ̊piculs wood the calculation embrace the tre- China grass, 336 picúls gall nuts, carry

endous enhancement in the 591 picula wood oil,, 562 picula hen!! oil. prices of farm products, an upward movement that has been almost revolutionary. It would seem, then, that the increase in the wealth of the country from these sources alone in the latter 'part of 1924 could be placed at between $10,000 and $15,000 million. The following will show another aspect of finance:

enrducted by the HONGKONG AND SHANGHAI, BANKING COR PORATION. Ralce may be obtained on application,

INTEREST on deposita la calculated on the lowest balance during each com plotel Calendar Month at 3 per cent. per amin. Shumll there be a balance

be allowed for that month,

Depositars may under at their optiris Balance of $100 or is to the HONGKONG & SHANGHAI BANK to ho played on FIXED DEPOSIT at

CURRENT RATES.

For the HONGKONG A SHANGHẠI: Banking CorYOBATION;

4. H. BARLOW, "

Chint Manager Hongkong, 7th Axuary, 1925. THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA,

31

INCORPORATED BY ROYALTY

CHARTER, 1853.

HEAD OFFICE: LONDON.

Paid-up Capital .....", .£3,000,000 Reserve Fund

£3,900,000 Reserve Liability of Pre-

..£3,000,000 prietors

FOREIGN EXCHANGE and: General Banking business transacted.

CURRENT ACCOUNTS opened and FIXED DEPOSITS received for 1 year

or shorter poriad at rates which will be

quoted on application.

A. H. FERGUSON, Manager. Hongkong, May 8, 1923.

BANQUE DE L'INDO-CHINE,

HEAD OFFICE:

26, Foulevard Hausmann, Paris, Subscribed Capits ... Fr. 72,000,600.0: Paid-Up Capital ... Pra. 58,400,000 00 Reserve Funds ... ... Pro. 60,867,593,61

BRANCHES...

Hongkong

Bangles in

Battamback

Canton

Dithenti

Friphong

Hunkow

FLANDI

ין

Mong the

Nomes

Papaete

Saigon Shanghai Bingapore Tientsin

Peking

I'nom Penh

up ran Yunninfu

Poorjcherry, BANKERS:

IN FRANCE Comptoir Nanosi Ecompt

the

that the vessels do not

of the various states for new enter- "Charters filed under the laws prises during 1923, authorized capital of $100,000 or with an more, aggregated $9,154,719,650.

hai

Total

40 5,466

41 5,466

ANALYSIS OF EXPORTS."

די

Bambermaal

"Calcatta

Djember

BRANCHES :-

8% pm. Xin 7 X out

Bandeng

Bombay

Cheriboй

20% dia.

1% Bla.

Mr & Mrs B. Dean Mr E. B. O'Farrell Mr W. Hagen Capt. & Mrs Foster

Miss Pearse

Djokjakarta"

The Hague

Kobe

Kota Radja

Makarar

Padrog

Palembang

Pyntinak

EXCULAR BAY HOTIL,

Samarang

In its analysis of exports the albumen, 487 piculs crude anti- principal figures given by the mony: to America-40,000 pieces Mr and Mm &. W. & Mrs E. Lund Chamber are as follows:-To untanned goatskins, 3,288 picula

piculs

LOCAL SHARE MARKET.

1411AM.

OFFICIA L

QUOTATIONS.

FERRUARY 21 Names

Stock Exchange

Jank E.S.B.U. T.T. op selling rate.

London and on Shanghai

*#73-1/4 Hanglong Banks 1988 b. London-£15 .. Chartered Bank

Exit b. P.&O. Bank...

* j . 14. C97 n Mercantila Bauk-A-B. ̈££8-1/4-5. do. с £13-8/8 b.

third-class passengers and that the ships are already equipped with fine, modern hospitals which are recognised and approved by every other nation. In the round the-world service the vessels maku 21 ports of call, and it is [obviously impossible for any company to make changes to meet the demands of every nation whose ports the ships enter."

Moreover, if the company com- plied with the regulations of one country the changes made in the ships might not meet the require ments of other countries, there- This total compares with $9,368,-East Asia Bank fore the company is left in a 737,619 in the preceding 12 quandary. Every endeavour months, which was the best show- should be made by the Stateing since 1920. In that year the in- Department to straighten out all corporations involved $14,999,044,- which beset 200. 1924 returns embraced 7.414. these difficulties American ships in foreign ports new concerns, with an authorized and to induce foreign countries to capital of $100,000 or over. In the recognise the Blassification of the preceding 12 months 9,164 com- American Bureau of Shipping. panies took out charters. The returns were well diversified practically all lines of endeavour having been represented in the total,"

INSURANCE IN JAPAN.

FOREIGN ('OMPANIES ACQUIRING PROMINENCE,

After the earthquake in Japani local insurance companies an-

de Faris Credit Lycanals, Banane de Fari etnounced their decision to pay the

Paya-Ban; Crods Industriel et Commercial full insurances comprised in their

Bociate Camerala

IN LONDON: The National Provincial 4:

IN NEW YORK 1. P. Morgen & Co. Trench Asrican Banking Corporation; *Guarenty Trust Co. of New York.

fire policies, regardless of the

ECONOMIC LECTURES.

BRITISH FINANCIAL EXPERT IN NEW YORK.

141

Marine aurances

Cantno bears..... North China Insurance Union Insurance ... Insurance Yangteko Chinn Updire.

Fire Insurances

Far Easterns

414

FEBRUARY 20. Bhsrebrokers' Association.

2/3

$73-1/4

b. 1230

£21-1/2

b. 210

b. A* £194..

8.. 97 xd.

b. "O" 19

A. 257

b. 42.

b. 3.10 pm $.20

8. 735

140 p.

140

$254 b.208/04

#412 b.

8.30 b.

China Fire Insurance...

$195 b.

b.

195

Hongkong Fire, Insurance... Shipping

# 710 n.

** 713

Douglases

n. 58

$20 8.x.d.

8-1/2

Hongkong Tugs and Lighter

$1.80 b.

Indo Chivas (Prel.

'$38.

. 38

120 a.

120.

n. 120

$5 Bb.

n

gal-

182 b. 81 8

. 10.10

n. 255

180 s.

876.

144

$ 39 b.

n.

H.K. Steamboats...

do. (Def.}}

do... (E.F. Reg.)

Stoll Transporta Star Ferries Wstor-boats... Oriental Nav, Co. Refineries

Chine Sugar... Malabon Sugar.in

+

+4

# 17-1/4 n.

$255 П.

$7. n.

Kailan Mining Adm.

16910 5. Langkats..

10 mb. 3:2 a. Shanghai

Loans -S'bai Explorations... $5.10 b.

Single Langkatā ... #9) b. 10 a. "Raabs Tronoh Mines

Dalon Bank of England, Ltd.; Compte special cinuse which protected cial expert who was for many Mining

Sir George, Paish, British, finan- National d'Excompie de Paris: Credit Lazarmine them from liabilities arising

through earthquakes. Later in years Editor of the “Statist," and vestigations, however, says the adviser to the Chancellor of the "Pioneer," showed that the assets War, has arrived in the United

Exchequer during the of these concerns amounted at the States to deliver a series of lee- World most generous estimate to only tures at various American educa. about 1 per cent. of the sum tional institutions on economic they had undertaken to pay.

Accordingly the Government conditions in Europe, and unbur-Docks Wharves, Godowns, &c. came forward with a loan to endened himself of his views of the

French debts. able "sympathy"

payments

"Sir George said that while he!

Tolerant allowed on Current Accounts and Fixed Depoelta socording to arrangement.

Erory description of Banking and Exchang Business transacted:

A. LECOT,

Manager Hongkong, March 20, 1908,

THE YOKOHAMA SPECIE BANK, LTD.

Established 1880.

Reserve Fund

Capital (fally paid-up) Yen 100,000,000 Yan 77,500,000

Bond Office:-YOKOHAMA.

Branches and Agencies at:

Batavia. Bombay.

Впедов Лугов,

Calcutta,

Changebun.

Dairan (Dalny).

Hamburg,

Newchwang,

New York.

Osaka.

Peking. Rangoon,

Fengtien (Malden), Saigon.

Hankow. Harbin.

Honolulu.

Ha! Yuen.

Kobo.

London.

Los Angeles... Lyons,

Nagasaki.*

Manlia.

Nagoya,

Rio de Janeiro.

San Francisco. Seattle.

Shanghai.

Shimonoseki, v Singapore. Seerabaya. Sydney. Tienlain

Tokyo. Tsinanfu. Taington. Vladivostock.

L

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

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

amounting in some cases to 10 per did not believe that France had cent. to be made. It was then definitely decided to repudiate her suggested that the foreign com- debts the French were making a panies should pay similar amounts on their policies. As decided mistake in not coming to however, this would have meant Britain and the United States.

an understanding with Great that the payments would have to be made with their money" and

I

"What the world needs from not with the Japanese Govern-of her financial condition," he France is a complete statement ment's funds, the foreign com- panies not unnaturally refused to deluding themselves in not insist- Baid. "The French people are see the forer of the suggestioning upon the Herriot Government Eventually, after having demon-making such a statement. strated that they could not be favour an investigation to deter- forced into doing anything, they mine whether France can pay her voluntarily returned the year's premiums to their policy the general situation. The United debts without injuring herself in holders. Then the efforts of the States and Great Britain should Japanese companies to secure a monopoly of the insurance busi- also come to an agreement as to ness resulted in a cutting of rates,

what could be done.

last

war.

in which, again, the foreign com-

"Conditions throughout Europe panies refused to participate.

are geherally good," Sir George The end of it all has been that said, great deal of the recon- a section of the Japanese Press is struction that has been done openly confessing that many of being made possible by the large the Japanese insurance companies sums the United States has loaned atare in a parious state. The truth

to European nations since the of the matter seems to be that the funds of the local concerns are with a few exceptions inadequate to meet any serious call. Conse- quently, the foreign companies, whose stability is known, are getting all the business they want decided to grant Y.8,500,000 as J at the higher rate they are loan to the Hanychping Iron demanding for increased security. Foundry in China. The terms of

000

Everything Now! Now Shop, New Stock New Prices. Sahable for your packet.

All kinds of Indian and Chinese Filks, - Gharby Eratovictories, one- lways in stock.

BIND BILK STORE,

DA BUILDING, Queen's Road Central,

KAILAN MINING.

A JAPANESE LOAN

The Japanese Government has)

the loan are interest 6 per cent., to mature in 20 years and repay- ment to be made by iron ore sup plied to the Japanese Yawata Faundry calculated at the current

arket price.

The total output of the Kailan Mining Administration's, mines for the week ended February 7, 1925, amounted to 11,229 tons The loan will be paid im- and the sales during the period, mediately through the Yokohama to 49,157 tons.

Specie Bank

**

Ural Casp. Benguet Con..

H. LK, Wharts

1

b 4.00 a 54.90/85

b81a 8109 ·

n. 67,0

n. 23

n. 12-

91

330 D

b. 3.1

56

b. 07-

De

P. 21 b.

2004 b.

$145 8.

**

T 113 b.

h. 113+

** $8.50 b."

1910 1.

b. 8

H. & W. Dock... S'hal Docks.*** New R

Engineerings... H. K. Engineerings. Lands, Hotels & Buildings,

Ebangbal Hoogkews

H.K. & 'bai Hotels 18 a. New- 172 n. HX. Developmenta 70 eta, b. 80 a. 70 an Hongkong Lands..

Humphroys Estates... Kowloon Lande... Land Reclamations Princes Building.... H.K. Realty - HK. Territorials. Rural Lands...

cotton Mills.

***

MAR

$100 b. 103 n. 101 cm. $20-1/2 p.

-

$150.a, $9.20 b. 3.45 6. ...b. 21 8.

$10.0.

b. 216 ca 505-1/9/7

145

fa 18 Now- a lit⋅

b. 70 sa 75 Centa

a 100-7/8 100-1/2/101

BA, 191

160

b. 140 b. 3

.b. 11.60 g 11.50/55.

***

-W

T. 4.20 she T80-1/1 a. Now $53 mi

43.90 n. 60 Now 33 n.

Ewo Cotton Mills, Ltd,

Kung Yiks...

Isou Kung How... Orientals...

Miscellaneous,

Shanghai Cotton A.

Yangtaxepoca...

Comments

***

#11 80 b. 12 ra.

$19-3/4 n. New 8.10 b Comenta "Combined' $18. China-Borneos

"Chios Lights (Old)

... B do (Now) $13,80 b. Comb. 27.10 h. China Providents $107. Now 8.70 u Providenta Combined... Dairy Forme...

H.K. Eletrics ...

Masno do.'

(b. 19-1/9 Now b. 8,10 Koob. b.sa

(New b. 1j Comb. n. 27 (b. 16 New,n 9.1

Comb. s. 40 ss 89%

a. 281

Yaz A del

Mr & Mrs O. Monier

Bannerman

Mr & ME, 0ʻdoll

and child

Mr and Mrs J, N. and Mrs A. Parker Broatedt "Lady Pource Mr and Mrs A.I.A.Mr. and MTB T.

Carleton

Schryver Mr B. Shank

Mr & Mrs J. Bahar and children

Dr. Donela

Mr and Mrs F. CMr and Mrs Vander

Deking Dur

Step

raad n W. L. Lih-Col & Mra Ste-

Franklin

phens

Mr and Ms I. H.Mr. and Are F. J.

Goare & daughter Wright Mr A. J. Bayim Mr M. Walk" Mr and Mrs P.M.Mr and Mrs E. C.

Ecdgson

Wood

PRAK HOTEL.

Fe'ruary 13.

Dr J. W. Anderson Mies G. Kennedy Mr 8. A. Arthur Mr M. F. Kay Mr & Mra T. ArthurMr and Mrs E, F. Miss ER. Bally Kill

Mr and Mrs L O. F. Mr & Mrs A. Lane

Bellamy Mr and Mrs S.

Mr J. W. Fannar Langston.. Mr and Mrs P. G.Mr K. Larsen *Bear Ust

Mr W. H. Bourne

Mr M. J. Breon.

Mr ad Mrs G. D.

Loye

Mist

Loys

John's

Col & Mrs C.RussellMajor A; B. Littlo-

Brown

Miss P. W. Brown Mr J. D. L'ord "Mr B. D. Carolbers Mr W. H. Lock

Capt. & Mrs J. O.Mr and Mrs W.

Carpenter

Logan

Mr B, B. Cleland Me D. C. Login Mis M. Cooper Mr and Mrs T. A. Mrs L. H. Cormack Startin

Mr and Mrs W. A.Mrs J. McAinsh

Mr R. McGregor Cornell Mr and Mrs J. D.Mr E. E. Mimmo

Danby

Mr and Mrs F. W. Lt. Col. R. A. Dob- Munton

Miss M. W. Nows. J. bolme

Mir

blo Mr and

Duncan Mr W... Dys Mrs Samers EX

Miss Ellis'

Kr and Mrs W.

Eustaco

Mr A. Forbes

Misa M. Forber

Mr W. Ogden

Mr F. E. Ollortog

Mr A. H. Penn Major and Mrs F. H.

A. Phillipe

Mr and Mrs H. R.

Remington

Mr A. Ritche

Реплик Rotterdam

Boaraba Singapore Tegal

Medan

Fecalongue

Rangoon

Shanghai

Boerakaris (Solo)

Tatap Weltevrede LONDON BANKERS:— National Provinola), Bank Ltd. Correpondents all over the world.

BANKING BUSINES OF EVERY

DESCRIPTION.

*W. H. GROBKAMP,

Agent.

·Hongkong, November 4, 1924,

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, Rue St. Lazare, París.

Subscribed Capital fully

Paid-up Reserve Fund

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

Working fund provided by THE BANQUE INDUSTRIELLE.

DE CHINE. Fra. 50,000,000.

Paris!

BANKERS:

Societe Generale, Nationale de Credit, Paris et des Paya-Bas. Landen: Midland Bank, Ltd.

Banque Banque de

New York: Irving Bank Columbia Trust

Co.

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

M. FITZ-KENRY,

Manager. 10th November, 1024.

THE BANK OF TAIWAN, LTD. (Talwan Ginko.)

Incorporated by Special Imporial: Charter, 1899.

Capital Subscribed

Mr R. J. W. Foster Lt. Col. & Mrs O. | Cupital (Paid-up)

Miss G. Fathergill Banders

Mr and Mrs F. P. Mr & Mra I.G.Scott

Franklin

Hr R. P. Shaw

Lt. E. O. Frederiek Mr R. H. Skelton

Mr and Mrs W. D.Mr and Mrs T. F.

Goodfellow

White Smith

Mr and Mrs Geo. W. Mrs & Miss G. E.

Grey

Me and Mrs B.

Hale

Miss M. B. Hall

Mr and Mrs

Hancock

Mr J. B. Fawker

Stabbings

A. Mr and Mrs E. F. L.

Stardeo"

Mr O. P. Sturdes J.Mra J. 8. Thomson Mr&Mr.Thwaites

Miss Thwaites

Mr and Mrs W. J.Mr A. W. Tiekło

Lt. Col. and Mrs H.

Hawker

Hole

Lady E. O Turner

Mr G. M. Hems- Trevelyan

worth Lt.-Comdr. G. F.Mr. M. Vise

Capt. R. F. Walker Capt. A. E. Watts Mr F. L. Jenkins Miss O. Willmott

Mr T, L. Jenkins Mr and Mrs F. D. Mies C. O. Jenkins, Wood

Mr H. Howell

Mr G.B. Hugh JoossMr G. C. Worall My W. A. Jordan

Mr A. Arch

-PAGAOB HOTEL

Mr. C.H. Halewood Mr R A. G. Barrott Er J. Jack Kr W. A. Bennett Mrs McCaw Mr R. W. Campbell Mr. J McDonald Mr P. B. Chichgar Mr B. J. de H. Mr J. 8. Dok

Mooro

Mr M. Simpson

1.

Mr W. S. Quff Mr and Mrs N. S.Mr E. Smith

Diver

Capt. L W. Smith. Mrs C Stringer and

child

Mr AP Tanzan E taum.

Hr A. B. P. Dayios Mr H. Davis Mr 8. Forshmida Mr. and Mrs Goldenborg Mr A. Hati Mr A. U. fake

Mra G. Tulloch

My A.J. Wadmors

Mr W. Walter

THE MERCANTILE BANK OF

INDIA, LTD.

kvi

L

$40. (28) n."

49.60 b. 49184 ca. $ 42 B.

b. ci

za. 55

17 New 11,n

DRAD OFFICE;

16, Gracechurch direst, London, M. U, 3

b 54.10 J. 20

Authorised Capital

£3,000,000

Subscribed Capital.

Paid-up Capital

Hongkong and Canton Icos Hongkong Ropo... Ropes Combined.

19 n. Naw 10.1/3.

€59. Hongkong Tramways....... 150 b.

Do.

Steam Laundries

R.K. Btoel Foundry... Watson'........

Wm. Powell yo Lane Crawford... Vanton foes... B.K. Construction Nanyang Tohovog

..

Reserve Fund

BANKERS:

1,800,000 1,050,000 1,250,000

The Bank of England & Willand Bank, Ltd.

Hani Lump aga

Datorsion

Martins New York

Peak Tramways (Old)

....23 63.

(Now)

10-1/2 8.

ཐས་

22 n. New 14)+m. 15. n. 19.10 b..

(a. 28 Now b 12-1/2

BLANCHA

b. 19-20 a101

Banghot Gall

BALATO

13-engrong

Bombay Mowin

485.

13-1/2

= 121

$21 Jer

447

·794

1+

3, 1Hl,

b. 31

***

b. 1 sk.

10 m

10

1. 6 D.

2.80)

(Ordinary) #20 -

n. 18

Binceree Mackintou H.K. Tazlo

China Bases.

Singapore Trama

Der A. Wing fully pold

cart fo

Dald

Dalted & butor (Fouadows)

Bats Khaza

HONGKONG

Bhooth

Reserve Fund ...

....Yen 60,000,000* Yen 52,600,000 You 12,380,000

HEAD OFFICE: TAIPEH, FORMOSA.

BRANCHES:

JAPAN-Tokyo,

Osaka, Moji.

Yokohama, Kobe,

FORMOSA.Giran, Kagi, Karenko, Keelang, Makung, Nanto, Pinan, Shinchika, Talchu, Tainan, Takow, Tamsui, Tehyen, Ako.

CHINA-Shanghai, Hankow, Kiukiong, Amoy, Foochow, Swatow, Canton. OTHERS. Bangkok, Hongkong, Singa- pore, Soerabaya, Samarang, Batavia, Bombay, London, New York,

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

The Bash har Cersen studia in the Commera! Centres in the Auropean Continent, Bursta, Man- charla Teingina, Japan, Indo-China, Ham, India, Pallippine Irlanda, Jars, ani Duteli Ladies, Ap Fails, Amarice, Alin &c.

Interest allowed on Compt Account, and Pied Depart rates which will grated

on applies. Z. YAMAMOTO, Managor.

HONGKONG BRANCH,

8, Des Voeux Road Central. Hongkong, 5th Jane, 1924.

THE BANK OF CHINA 館 ́銀 ̧綱中

(Specially Authorised by Presidential

Mandate of the Republic of China

on the 22nd of November, 1917).

Authorland Capital.... 300,000,000.00 Pald-up Capital

$18,278,600.00 Reserve Fund

$ 0,029,425.2

HEAD OFFICE: PEKING..

17

HONGKONG BRANCH, QUEEN'S ROAD CENTRAL Branches and Sub-branches all over China and Correspondents in Europe, Amerlea, and other parts of the world. London Hankers:-The National Provin

cial and Union Bank of England, Ltd. The Guaranty Trust Company of New

York

New York Bunkers: The Irving

National Bank,

Blogspors The Equitable Trust Company of New-

York, Bousalya

BRANOUT. Brey description of Banking and Exchange bus

aomtected.

INTEREST allowed on Current Accounle at per ent per arman on Daily Buisuce, and on Pizat De poniti strelas that may be ascertainad on appilondon

J. D. ROSS,****

Antina Manaqat-

-7. Guanacht Hand Cmtrak, Hongkong, Fannary 41, 1925.

Interest allowed on Current Accounts and Fixed Deposits. Terms on applica- tion.

Every description of Banking Business. transacted.

Loans granted on spproved securition. Special facilities for Home Exchange..

TSUYEE PET MARATH

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