Page

HONGKONG & SHANGBAT

BANKING CORPORATION,

GLEAD OFFICE: HONGTIMMO.

"AUTHORISED CAPITAL.............. $50,000,000 ISSUED AND FULLY PAID UP $30,000,000 RESERVE FUNDS :-----

i1

STERLING.... & 4,500,000 SILVER..... 826,500,000 RESERVE LIABILITY. OP

PROPRIETORS.....................................

1

COMMERCE AND FINANCE.

"ECONOMIC RESEARCH,

DEVELOPMENT OF THE TROPICS.

Sir Halford Mackinder presided.

STORING UP STEAM.

THE CHINA M

LATEST", DEVICE FOR BOILER

FLANTS.

-MANCHESTER MARE

Bank

EXCHANGE.

On decoand

30 day's

“4 months.

Credits, à montba" "l'ht

James F. Hutton & Co. Ltd, Manchester, report on February 4: The recent steady downward movement of Americat rhetor prices has been revëried and gain of about 4d per 15, hoarly equal to the aggregate loss last month, has been recorded during $70,000,000 over a meeting at the Royal Socket It is the bulbear of many steam the week. The tone of the Liver

of Arts on January 27, when Mr. W. R. Dunlop. (late Professor of plants that the loads vary enor pool market has proved con- Economics, Imperial College of mouely during working hours, alderably but beybod, large order from Russia för jagris, there Tropical Agriculture) read a paper often rising and falling greatly has been no marked development On New York- antitled "Economic Research in

above, and below the 'average in "our local Industry. From On demand ...». Tropical Development."

Mr. Dunlop said that the sensesteam demand. Hitherto such America, however, there have Credits, 60 days daa***

been many report of fi- On Bombay......

COURT OF DIRECTORS:

G. M. Young, Haq-----Chairman,

H. F. White, Eag—Deputy Gisáleman.

B. D. P. Belsh, Faq. Hon. Mr. A. Lang W. E. Bell,

* W. L. Fastenden, Bay. AH. Compion, Eaq. 1. A. Plummer. Esq. Hon. Mr.PH.Holyoak: T: fl, Wall, Ming.

CHIEF MANAGER:

A. EL BARLOW, Esq.

Manager: Shanghai—G, M. STITT,

LONDON BANKERS. Westminster, Bank, Ltd.

CURRENT ACCOUNTS opened in DEPOSITS received for me year or aborter periods in Local Currency and Sterling on terran which will be quoted

LOCAL CURRENCY and FIXED

on application..

in which he used economic research plants have had to be fired to mainproved trading and on "active

was somewhat unconventional, fortain a head of steam sufficient to It had reference to economic cope with the peak loads at any geography and industrial and administrative efficiency. These, moment, with the natural result interpreted liberally, underlay the that there is a great wastage when prosperity of nations and indivi- the loading falls to and below the duals, and he was of opinion that

mean level. research in these directions must prove of the greatest value in the

development of tropical countries countries concerning which they held such high trusteeship, and in which they owned such vast com mercial interests.

Documents, 4 months night 1/4-4. On Pac

On demand

*** 1075

Credits, monthy' light.... 1176

On demand...

Wire On degand Calcutta Wire On demand

on Singapore

Op demand...

On Manila

On demand... On Shanghai-

On demand... 30 days fight (private)

On Tokobam On demand...

SATURDAY, MARCH 7, 1925.

“ET HUTHLA

Mr L. Adlermo Mianong As and fo Mr and Mrs P. M. ↑ Hamliton"

De Alken p** Mr G A. Harriman My R. T. G. Aitken Mr W. D. Hawbs ` Mr W. 8. Allon Mesad Mes" A. 8) Mr and Mer A. W. Hersco

Van Andel” Mr & Mra A.... Hizku Mr G. Apfelbaum 'Mr A, B. Johnston MrA. Auby Mt Mrs E. Baller

Mr and Mrs. J. T.Mr & Mrs Felling-

Bagran

Вед

Mr F. O. Raphan

Mr O. P. Kershaw

Min K. Bardorelli, Mrs W. B. Kimball

'Miss-K_Barlow Me aid Mr

Mr & Mrs N. Beal Knoth

Jown.

Mr. H. Balillos Mr and Mrs. I. B.

Mr V. Benjamin

...153

Mr J. Bennoit

*-100).

под

Gold Leaf, 100 fire (per tel) $7.30 After (peros.) Sovereigna (Bank's buying rats) 8.40

SUBSIDIARY ODINE.

*

10

ont

sport demand. In addition, on speculative operations appear to have been much more in evidence- than for some time, and it le not clear as yet whether this or better trading conditions are the princi. ple cause of advance. It is still Messra. William Beardmore & evident that the present level of Co., Ltd., have recently built for prices is not viewed unfavourably by trading interests, "and a ̈more the Ruth's Steam Accumulator Co., hopeful view of the out. Ltd., of London, a steam accume-look for the immediate future lator, of 58 ft. x 13.dt; in diame has become more prevalent. Starting from the premise that ter, for a paper and pulp, works in Egyptian cotton valuca have gain

been erratic and a new high level) - the great question of economics Newfoundland.

for spot has been reached at 32.65d. Hongkong 50 ostis inlb. *** par. was why some people, individual-

In the Manchester market the

10

} %% dis.. demand for yam and "cloth has

Ba dis ➡290.50%, dia. Canton colna shewn a tendency to improver Bliver in Bongkaig Offers have been more numerous Chinese Copper Cash and better but they are still usually Chinese Copper Cents for small lots and the progress Rate of Hellvellatarget made has not been either general Chinano Sab. Con or altogether satisfactory. Buyers Hongkong Sub. Oda- are still disposed to make, their offers on the basis of cotton prices and overlook altogether the Im- portant fact that both yara and cloth value have advanced very materially in relation to the raw material. There appears, indeed, to be no prospect of going back to the unprofitable basis of yarn and cloth prices with prevailed for so long, and old compari- sons of these values and the cost of the raw material can Do longer be taken as a guide when purchases are being made.

Hongkong, at 1 «bruary, 28.

HONGKONG SAVINGS BANK

This accumulator is a reservoir ly or collectively, were better off working in conjunction with and THE business of the above Bauk is than others, Mr. Dunlop said he the steam-supply system,

conducted by the HONGKONG thought he could show that operating automatically by means SHANGHAI BANKING COR could get useful and luminating of valves to store up the steam PORATION. Ruios may be obtained results in the tropical world by when the loads are low, and have contrasting one country which was in readiness to supply the excess qu application.

INTEREST on deposits in crioulated undeveloped and poorly off with demand when the loads are high. In the lowest balance during such com another that was relatively highly it will be readily seen, therefore, picted ("alonder Month at 3 per cent. developed and extremely well off, that the bollers need only be fired per annum. Should there be no balance He was going to take their two for the mean head of steam re- on any day in a month no interest will Dependencies British Gulana, inquired throughout the day, the South America, and British Malaya Depositors may transler at their in the East, the total population accumulator doing the rest. This option Bainnes of 8100 or more to the and external trade of the former apparatus is obviously of the great

est interest to all engineers who HONG KONG & SHANGHAI BANK In 1923 being 300,000 and to be placed on FIXED DEPOSIT at $6,426,607 while those of the have to do with the installation or maintenance of steam plant for latter were 31/3 millions and industrial purposes where the For the RONGZONO & B £147,945.860. After giving statis demand is not constant. Over 170 BANKING CORPORATION, tical measurements, showing the of these accumulators have been

... H. BARLOW,

vast difference in extent of develop erected in various parts of Europe. Chief Manager

ment, Mr. Dunlop indicated by means of maps that this was

ba allowed for that month,

OURRENT RATES.

..

Hongkong, 7th January, 1995.

*

J

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA

INCORPORATED BY ROYAL

CHARTER, 1859. fi HEAD OFFICE: LONDON. »

£3,000,000

Paid-up Capital Reserve Fund..........£3,200,000 Reserve Liability: of Pro-

prietors...

£3,000,000

POREIGN EXCHANGE and General Banking basinore transacted

CURRENT ACCOUNTS opened and FIXED DEPOSITS received for 1 year aborter period at rates which will be quoted on application.

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

ין

HEAD OFFICE:

Dé, Boulevard Hausmans, Perse Pubscribed Capital · ... Fra. 72,000,000.0%

Fr. 64,400,000.0

Pald-Up Capital

Herrs Fanda za 69,867 (288.54

Battambang

Bangkok

Union

Djibouti

Halphonx

# pow Hanoi

BRANCHES

Hongkong

Morgien

Noum

Pappete Paking

Prom-Fenh Pondicherry BANKERS:

Bazione transacted:

ין

Interest allowed on Current Aencanta and Pred Deposits according to singement.

Every decription of Banking and Ezobangs

A. LECOT,

Manager Flongkang, March 20, 1994,

THE YOKOHAMA SPECIE BANK, LTD.

Established 1980,

Capital (fully paid-up) Yen 100,000,000 Reserve. Fun!... Yen 77,600,000

Head Offre: YOKOHAMA.

Branches and Agencies at:

Newchwang New York.

fundamentally due to (a) differ- CHINESE TREASURY NOTES. ence in world geographical post- tion (b) difference in mineral resources; (c) Internal geographi

A letter from Dr. W. C. 'Ches, cal disavantages in the case of British Guiana

of the Chinese Legation in Lon- The reason why the population of British Guiana don, to Mr. Geo. Cursons, J.P., of had not increased was to be ex that services on the Chinese & per Herne Bay, expresses the hope plained by a complex of causes,

cont. Treasury Notes (Vickers. of which public health and cesssa- and Marconi issues) will be resum tion of immigration from India ed soon. Mr. Geo. Cyrsons wrote were ones of Importance.

On the question of the industrial on Jan. 29, recalling that Dr. Chet, and commercial efficiency of the Sept. 4 last, in reply to a. two countries, the lecturer showed, with the aid of specially prepared maps, the distribution of the population and industries in each

previous communication, wrote As soon as the financial arrange ments are completed, provisions will be made for the resumption of services on these two issues? that The principal products of British Mr. Cursons pointed out Malaya at the present time are, he suffered enormously as a result | the reputation of China bad Baid, in order of the importance of of default, s

In the past Britons

country.

significance, as it is merely a stop- gap prior to the establishment of a definite Government.

The lecturer intimated the im portance of the study of these

dia.

American yarn prices are advanced d to id per ib. Egyptians are unchanged to Idiper 1b, dearer. For China there has been a revival of enquiry for whites, greys and dyed goods with better turnover.

India demand has been improv business has been done in light éd from some quarters and

́whites, dbooties and prints.

Some trade has also been done for Egypt, Java, the Straits, and African markets.

LOCAL SHARE MARKET.

1 Names

MARCH 6.

adk H.8.B.C, T.T. on soillog rats

London

QUOTATIONS.

MARCH 4. Sharebrokers' Association.

Kraakman

Mr. R. G. W. Be- Lauripan

prend

MY H. Bickerton

Mr. R. J. Birbook...

| Mr Blanketaki

MG M. Blane

Mr.O. Bowaor

Mr T.B.. Brown

-

M. P. P. Leforta, Mis E. Liddell Miss F, Lillia

.

Mr MP.B. Marshall Mr D. MoCallus Cap. A. W. MoKin

Loy

14

Tri Hội G. HDv Lood

Brownö

Mr.H. L. Meoklo Mr. F. Buchanan borgh... Mr R. O. Bardia Mrs J. B. Me Mr. G. W. Burna Klobsel Mr E. Carlton MrE. W. Miller

Mr. Christopher Capt. and Mre 1.

100

Bilia

THE BANK OF EAST ASIA LIMITED.

|

Dr. Christopherson Mr and Mrs TUE. Mrs Christopherson Moore and child Mr and Mrs. W. A. Mr R..B. Hoorhead f

Corn 11

Mr A. 8. Morch

Mr. J. E. Dangcar Mre Kis Bị Đen Mr W. Bagon

Mr W. Norwood Lil B. O Trel Capt. & Mrs. Pearse 5tiss Pearso

REPUKOR DAY HOTEL,

Mr & Mrs C. H.Mrand Mrs More

Bannerman Mr & Mra H. Odell

Mr & Mrs R. D. W. and children

Mn E. Borke

· Fannister & child Mr. and Mrs J, N.

and child... Mr and Mrs. Di Mr & Mrs J. Behar Parker"

Peter Mr and Ms 1. H.MY M

-Burkbill

Fchryvar Mr and Mrs A.E.A.Mr CB Shank

Carleton

Mr & Mr W. 0

Mr and Mrs E. C. Van der Steen

Doking Durn "Lth-Col. & Mrs Sta- Mr and Mr W. L. phens Mr and Mrs L. H. Vacar del

Franklin

Mỹand Mrs A. W.

Geare & daughter Mr V. Veroon Mr and Mrs "P.M.Mr and Mrs F. J.

Hodgson

Wright

Mr & Mrs B. LundMr M. Walk-

PEAK HOTEL.

March S..

H

Dr J. W. Anderson Mis G. Hennedy

·Mr 8. A. Arthtir, My M. F. Kay Mi E. R. Bally Mr and Mrs. E, E. -Mrand Mrs La. 6. F'. KÖL

Mr & Mrs A. Lane Me J, Wan. BonnarHi and Mrs 8. H. Mr and Mrs T. G. Langston

Bennett

Mr X. 1 areen

Bellamy

OFFICIAL

II AM Stock Exobango

2/3-1/2

London-£143 n. £111. b. £ ii b

1/3-12

h: 1280 as 1940

£12-17

$97 b

b. 08

MeW. E. Bourno Mr and Mẩm. Q....D. Mr M. J. Breen Laye Col & Mrs CRussell Miss Leys.

BIOWD

*0* 181.

and on Shanghai Hongkong Banks-1920 b: 1240

Chartered Bank

P.&O. Bank

East Asis Bank

MI

Mercantile Bank A B £19-1/th.

Marine Insurances !!

ін

740 b.

$ 140 D.

.... $266 (b. 270.com

3.00

Canton Insurano...... North China Insurance Union Insurance Insurance Yangtze... China Undir Far Eastern 4

China Fire Insurance ... Flongkong Fire Tuggracco...... Shipping

Fire Insurances

Dougland.....

H. Steamboats... Hongkong Tuge and Lighter Indo-Chinaa' (Pref.

#710 a.

#58 b1

36 * 35 * $4.70 b. 38 'n do (Del.))

..." 120 n. do.

B.K. Reg.) ; **

7 n. 88/B B | 180 n

Shall Transports Star Farios Water-boats a Oriental Nav. Co Refineries

China Sugir... Malabon Buger wining

Th

Kailan Mining Admi Langkato...

Bhanghal Loans

$ 17-1/4 n.

$155.

167 #

SHRAD, OFFON: HOMOLÓMI.

Autharinad Capital. A nebes Fall-up. Chiplunk a 200994 Russere Fund $7,000,

DIRECTORS:

|Hon. Mt. Chor Bhon Bon-Chalagan Fung Ping Bham

Mok Ching Kong Henna Coat

P.X. Kwok..

Ng Obing Lak

Fong Wei Ting

ong In To Hoyah Tal

Hai Ying Po

Claka Ching Bek

Erory descripties of Banking und Kaulan

transced. Low granted,

balnews

approved, securities

SAFE" DEPOSIT BOXES to bei,

KAN TONG PO,

· Chid Manager:

Hongkong, 16th February, 1928.

NEDERLANDSCHE HANDEL.

·MAATSCHAPPIJ.

(Nazikalaris Tranzno #ocurr.)

REWARISEERD 1894,

Rowenawa Bwarecon Espantoons 1908.

Anthorised Casita G. 250,000,000 £12,500,04 Pall-Up Canītas (3. 80,000,000 2 5,866,876 Banerva Fand G. 20.045,083 2.1,876,4123 Special Raserror..G. 22,560,000 £ 1,889, 199 HEAD OFFICE:--Amsterdam, EASTERN HEAD OFFICE 17-B stavím,

BRANCHES

Cherlbon

Bandarasal Bandung- Colett A Djokjakaria Kota-Racin

Padang Perang Botterdam Singapore Tegul

F

Bombay

Djember

The Hagoo Kobe

Makarar

Palembang. Fecalongan Pantin

Fangoon

Famarang Shanghai

botrabasa Forskarta (Boli Watsp Wilarredor

LÖNDUN BANKERS:- National Provincial Bank Lidi Correspondents all over the workl

BANKING BUSINESS OF KYKEY- DESCRIPTION,

W. H. GROSKAMP,"

Agent

Hongkong, Nayamber 4, 1994.

司公理管業實法中

SOCIETE FRANCAISE DE. GERANCE

DE LA BANQUE INDUSTRIELLE"

*DE CHARGING

· ETABLISSEMENT FRANCO

CHINOIS (Incorporated in France).

5, Chator Road, Victoria, Hongkong. HEAD OFFICE: 74, Rue St. Laxarm, Paris.

Subscribed Capital fully

paid-ap Reserve Fund

12 Major A; B. Little-|-- Min P. W. Brown. Johna

Mr.B. D. Carothers Mr. M.B. Lloyd Capt. & Mrs J. O.Mr J. D Lloyd

Carpenter

Mr W. H. Losk

Mr B, H. Cieland Mr and Mrs W. Mus M. Cooper

Mrs LH. CormackMe DC Logan Mr and Mrs W. A.Mr and Mrs T." A.

Cornall

Martin.

- Mr and Mrs J., D.Mm J. Madinah

Mr R. McGregor

Danby

Lt. Col. B. A. Dob-M: H. A. Miln

to.

Mr E. E. Mimmack

J.M

and Mrs F. W. Muston

Mr. and Mr

Doocan

Mrs Samere Ellis

Mina Kalia

D. 69

4. 34232.40

$8

120

n 78.

Exation

n..32.10

Mr A Forbes

Miss M. Forbe

255

$40 b.

52/5 b

is. 07,

Comb. 8t1 b.

$7.

...19) b.

13.30, "667- D.

B'bal Explorations...) $5.10 m.

Single Langkata

Raube

Tronoh Mines

Ural Casp.

Benguet Con...

H. & Kharia, 24.

H. & W. Dock

Docks

8bal

New Engineerings...

P. 2,60 2,80 m

***

1188 8. T110-1/123) be #9 b.

H. K. Ingineerings, Bhanghai Fongkawas 224-8206-1/1 b. Lands, Hotels & Buildings,

·B.K. & Sbai Hotels § 17) b. Now- 172 n. H.K. Developseate

70 ota, b, 80 a. Hongkong Lands ... ***96 a. Humphreys Estates ....$101 b 10 L

Kowloon Laude

TH

BANQUE DE L'INDO-CHINE their export values; rubber, tin, had always relled upon the word, copra, and spices, and it was the let alone, the bond, of your values of these which principally countrymen. It is unconceivable comprised the £78,714,225 which I baye already given as the total that China, with all its vast re- value of the exports for 1923. In sources, should see fit to cause the case of British Guiana the chief British Investors who hold either such grave anxiety to thousands of Haigon products are sugar and its by- or both of these securities." Shanghal

Bingapor products, diamonds, balata, rice, Tientsin.

and timber, and the values of these

When the Chinese Republic was Toyrene

similarly comprised the total value approached by the French Minister Yunnanfu

of the exports of this country in in Peking for payment in gold 1923, which I quoted as £3.757,647. francs for the Chinese loans issued IN FRANCE Comptoir National d'Reeczont Apart from the fact that rubber in France, the Financial News de Paria; Credit Lyonnais, Erque de Pariqet and sugar take first place in understands that the provisional da Paya-Pas; Credit Industriel et Commerdal the Bociete Generals.

exports, it will be quite Government formed the French IN LONDON: The Nations Provincial & obvious or it would be if we went Minister that it is not in a position Calon Bank of England, Ltd. Comptoir into mining and other details to solve an issue of so weighty a National d'Hicompte de Para Credit Lyonnie that the mainstay of the two IN NEW YORK J. P. Morgan & Co Countries must be industry based Tranch American Banking Corpention; Guaranty Trust Co. of New York.

on agriculture and forestry. Know. ing the nature of the principal industries, our task is to consider their geographical distribution. This, of course, if we include all occupations, is practically the same thing as considering the distributions and their correlationsDecks. Wharves, Godowns, da. distribution of population and with natural and psychological resources. The distribution of the factors. This like most, of the people

In both

countries is research being advocated, involved dominantly coastal. This is a mathematical idea's. Accountancy characteristic feature of tropical was another important, subject inj human geography, especially in the study of industrial efficiency, countries where Europeans are The reduction of costs and the settled, and is connected with soil study of labour along the lines of resources, climate and efficiency Industrial psychology were be of transport, In Malaya, the coming increasingly necessary. rubber is produced mainly in the Theobfect must be to cheapen midale west," in the Federated production without necessitating States. Coconuts occur all round any considerable increase in the coast, but mainly on the west. capital outlay... tod Rice is produced in the Batter districts of the north-west and administration, Mr. Dunlop called Concerning efficiency in nubile north-east, but also in 10 to 20 attention to the fundamental im mile patches all round the country, especially along the

portance of transport, public health, land administration, forestry, and Tin is also widely distributed, scientific reseach of all kinda in but rainly occurs in Perak, tropical economic development. Selangor on the west and in the Comparison of existing policies in

Kuantan. In British

these matters in British Guiana and Gulana, sugar, rice and coconuts British Malaya showed striking are all produced within the 40-mile differences which he regarded as wide coastal belt; diamonds are highly significant and important mainly secured along the Mazaruni He had merely used British Guiana river in the interior where two dots and British Malaya. as illustrations are seen; timber mostly from providing data and proof for within the region of accessible demonstrating the nature of the forests, which does not extend research he was advocating and more than about 100 miles inland engaged in. It was in many Balata comes mainly from the far respects entirely new in this cOUD- interior and some cattle are raised ry, though it was beginning toy Dolby Ajal (New) - on the elevated pastoral savannahs develop in the United States. The of the extreme south-west. A main issue was the need of publie limited pumber of people along recognition of the importance of the coasts of both countries are this kind of research, both for the engaged in fishing. The real economic development of the Em- commercial centres are, of course pire, and for establishing a belter shown by the black plodges

understanding in regard to each at Singapore, Penang, and country's difficulties and aspira Georgetown jo British Gulana. Montarakintos cannot be effectively demonstrated The reading of the paper was on the maps, but it should be noted followed by a discussion, to which that the black splodge at the por Ormsby Gore, Under Secretary: of Singapore represents as many for the Colonies, contributed some people as are in the hole country interesting Information on British of British Gulina

Gulana

Batavia

Bombay

Вослов Ауга

Calcutta.

Changchun,

Dairen (Dalay),

Osaka.

Peking,

Rangoon

Elo de Janeiro.

Tengtien (Mukden). Saigon

Hamburg.

Bankow.

Harbiz.

Honolulu.

Kai Yuen.

Koba.

London

Los Angeles,

Lyons.

Vanila. Nagmaakt Nagoya

San Francisco, Seattle

Shanghai, Shimononakt Singaporo, Soerabaya.

Sydney. Tientsin.

Takyo.

Tainantu. Tsingtas. Vladivostock.

Interest allowed on Current Accounts Deposits received for axed periods at sales to be obtained on application.

C. ARIMA,

Manager.

Hongkong, B7th October, 1924.

0000000000oint Everything New | Maw Shop. Now Stock. New Prices Bailable for your pocivi

All kinds of Indian and Uninose Silks,

· Clavis Embroideriet, dies always in stock,

HIND SILK STORE,

Strands Bond" Centrií. :

cast in

rivers.

.

Land Reclamation... Princes Building ...

B.K. Realty

H.K. Territoriale...

Bural Landr

Cotton Mill

Ewo Cotton Mila, Ltd... Kuok Tike

Los Kung Mawson *Oriental....***..

Shanghai Cotton (1.

Miscellaneous,

***

$150 n

18 480-6..

94 b. 810

* 199*

-26 117/0 1,"119 119/20

b. j

+17 New-

h. 10 Ce

150

12.05

• 1. 40 New 21 1,

(b. 19 New b. 8

(Comb, «. 28

2. M

1381 F.

(how n. 13 Comb, 'n 272.

Comb. 1. #81

162, a 67, na 55/30

Cementa, 319-121 Now 8-18 Cements "Combined" $28) b 288) #2. Chitin Berpecs 2007; Obfos Lishtë (Old) G... 120′n.

do (Now) $14 b ̈Comb. 28 n China Proridente #161 a. Now D & Providenta Combined. Day Farms

ILK Beotrice********** Macso do

Hongkong Hope

kopes Combined... Hongkong Tramways

Hongkong and Canton Icem

18 n. Now 10.10.

D 158.1

Peak Tramways (Old)..... ..... # 93 -

team Laundries A. Breel Foundry

Watson's.. Wm. Powell Lane Crawfords Canton Ice ELK. Construction

incerce Nanyang lubo

Obina Unsee Der & Wing fully Singapore Tama

part Do Caited beatos (Bod

07-1/2 is?

dinary), 890 »

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

Working fund provided by

THE BANQUE INDUSTRIELLEZ

Paris

DE CHINE.

Fr. 50,000,000.

BANKERS;

Societa Generals,

Nationala de Credit,

Paris et des Pays-Bas, London: Midland Bank, Ltd.

Banques

Banque de

New York: Irving Bank Columbia Trust

Co.

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

M. FITZ-HENRY,

Manager.

10th November, 1824.

Mis M. W. Now. THE BANK OF TAIWAN, LTD.

holme Mr and Mrs W.. A.Mr A. EL Penn

Mr and Mrs B. R.

Remington

Mr A. Ritche

Mire O.

Mr B. J. W. Toater Lt. Col. Miss G. Fothergill vetanders tel Me and Mrs F. P.Mr & Mrs 7.G.Scott

Franklin

Mr E. P. Rha. LEL.C. Frederick Mr R. B. Skelton Me and Mrs. W. D.Mr. and Mrs T."F.

Goodfellow -White Smith ·

Mr and Mrs Geo. W.Ms & Miss GE

Grey

ملمة

Mr and Mrs. B.

Mim M. B. Hall

Mr and

Bancook

Mr J. B. Fawler

Mrs

Stabbinga

A.Mrand Mrs E. F, L.-

Stardes

Mr O. P. Stardee

J.Mn J. 8. Thomson

Mr&Mrs U.Thwaites: Me Thwaites

· Mrand. Mrs W. J,Mr A. W. Tlaklo

Hawker I-Col, and Mer H.

Mr G. M. Eems Trevelyan

worth

Lady B. O. Tarpor

Lt Comdr. G. F.My O, M. Vise

Hold

Mr H. Howell'

MrF. L. Jenkins

Mr 2. L. Jenkins

Capt. B. F. Walker

Capt. A. E. Watte

fipt. A JL. Whyte

Mis O. Wilmett

Mias 0. 0, Jerkins Mr and Mrs F. D. Mr.8. Hugh Jones - Wood

Mr W., Jordan, Mr.G. C. Worall

Mr A. Arch

PALACE HOTEL,

Mr CH. Haslewood Mr E. A. G. Berrett Mr J. Jack

Mr F. A. BennettMrs MoCaw Mr B. W. CampbellMr HeDonald

Mr P. B. Oblohgar Mr B. J. de · H. Mr J. B. Oo

Megre

Mt W. B. Ouff Mr. Shapeon Mr and Mrs F, B.Mr H. Smith

Daver

Capt. LAW. Pmith Mr. B. P. Davlos Mis O. Stringer and Mr H. Davi

chikt Mr B. Forsholda Mr A. P. Tannen ~Mry and ... Mru: E. ·čaomi-

"Goldenberg.

Mri G. Taloch Mr A. J. Wadmore Mr A. C. Fake - Mr W. Walter

Mr A Hall

THE, MERCANTILE BANK OF

INDIA, LTD.

HEAD OFTNE: /

14. Gracechurda Beret, London, 1. 12. E,

“Authorised Capital

Bubscribed Capital Paid-up Ospital Esserra Fund:

by 15 15

The Bank of

£3,000,000

1,800,000

1,080,000

1,250,000

A

Wiland Bank 14621

WARNER

(Taiwan Ginko.)

"Incorporated by Special Imperial

#Charter, 1899.

Capital Subscribed

Capital (Paid-up) Benerve Fund

.Yen 60,000,000!

Yen 62,500,000

Yen 12,980,009

HEAD OFFICE: TAIREH, FORMOSA.

BRANCHES:

JAPAN-Tokyo, Yokohama, Kobe;.

Osaka Moji

FORMOEL Giran, Kagi, Karenko,

Keelung, Malung, Nanto, Pluab... Shinchiku, Taichu, Tainan, Takow, Tamsul, Tehyen, Ako..

CHINA-Shanghai, Hankow, Kinklang, Amoy, Foochow, Swatow, Canton, OTHERS.Bangkok, Hongkong, Singa

pore, Soerabaya, Samarang, Batavia, Bombay, London, Now- York.

LONDON'. BANKERS: London County Westminster and

Parr's Bank..

The Beak bas Carrespondents in the Domlilardi's." Centro In the Europeaq Continent, Irasala, Maasi ohurin Taingiao, Japan, Indo-Chinë, diam n Thiippine Lalandia,care, and Degen Indino, Austri Interest Allowed on Gorrent Acesach, and Pred "Deposits at ralee which will be quoted sa applica

Z. YAMAMOTO, kel MansgaRY HONGKONG BRANCH,

8. Des Voor Road Central. Hongkong, 6th June, 1924. *

THE BANK OF CHINA

(Spedially Authorised by Presidential Mandate of the Republic of Ching":

on the 22nd of November 1917). Authorized Capital... ·$80,000,000.00 Paid-up Capital. Reserve Fand

$18,278,800.00- -$9,029/425.26

HEAD OFFICE:- PEKING.

HONGKONG BRANCH QUEEN'S ROAD CENTRALALA *-*Branches and Sub-branches all over t

China and Correspondents in Europe, America, and other parts of the world, London Bankers: The National Provinsi

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

York

New York Bankers The Trying

National Bank G

The Roullabis Trust Company of New

Interest Allowed on Current

pillow or sanalgrund fachungs" band;, and Fixed Deposits, Torms on apri

EVON PEEary description. Banking Busine

Loans granted on appr Special faculties for

TEN

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