Page
SATURD
"EIRADI OFFICE {
THA
TRČKISES: CAPITAL LINK: 350 000,000 SSUED AND FULLY PAIDET $30,000,000 Emerve Funds S
STERLING... 2.4,500,000
- SILVER .............. $26,600,000.
Beumeva LeadIATY QF |
PROPRIETORS«tiverem)
$90,000,000
COURT OF DIRECTORS:.. GM. Yong, B-Chalasan, **** H. Pi White, Enq-Deputy ChaloZDAIL B. D. 7. Baltq.
How Mr. A. O. Lang, W. H. Bell,
W. Ex Paltender, Bag. A. H. Compton, Esq. | 1. A. Hammer, Eq. Hon.M7P.H.Holyoak! T. G. Wall, Xeni -
CHIEF MANAGER:
A. EL BARLOW, Esq. Manager: Shangbai–G, W. STITT; Esq,
LONDON BANKERS. Westminster Bank, Ltd. CURRENT ACCOUNTS opened in LOCAL CURRENCY aud FIXED DEPOSITE received for one year or shorter periods in Local Currency and Sterling on terms which will be quoted on application.
Roogkong, 2 at 1 «bruary, 2015.
HONGKONG SAVINGS BANE
THE bainous of the above Bank is condusted by the HONGKONG AND SHANGHAI BANKING COR FORATION Bule may be obtained on application:
INTEREST on deposits in calculated on the lowest balance during sash com peted Calendar Month at 3 per cent. per annum. Should there be no balance on any day in a month we'interest will beallawad for that month.
Dopositors may transfer at their option: Balance of $100 or more to the MONGKONG & SHANGHAI BANK to be placed on FIXED DEPOSIT at
CURRENT RATES
11
For the RonGION" & BRANIKAI
BARжTWO COUZATIONAL M
.H. BARLOW,
Jotel Manager Hooglocs, Vin:Juruary, 1925. THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.
INCORPORATED BY ROYAL
CHARTER, 1858...
Reserve Fund
HEAD OFFICE: LONDON.
.£3,000,000 Paid-up Capital
.£3,000,000
£8,000,000 FOREIGN EXCHANGE and General Banking, business tranunciéd.
Beserve Liablilty of Pro-
prietors.
CURRENT ACCOUNTS opened and FIXED DEPOSITS, received for I air shorter period at rates which will be moted on application.
A. H. FERGUSON, Manager. Hongkong, May 8, 1923.
BANQUE DE L'INDO-CHINE.
HEAD OFFICE :
BRANCHES Hongkong Mercure
↑
↑
|
COMMERCE AND FINANCE
HIGH PRICE OF "MBATA
LORD VESTRY. BEFORE THE
COMMISSIONIM
CREDI
T
Cont
`and
far as
and'
appear to besc cereals and oils are. there is consoantiga curtailed demand for these podnets and a weakening stondenry as regards freights
On Parla
Dontmonta
On moand
(Credits") #' mon play, alg
On-demasud
[Mr:
5On New Yoɛ.
The movement of general cargo. On demand continues and prospects are Gredity 80 brighter to-day Than they have On Bombs been for some time. ||Copatwise—The slight improve
ment referred to in, our last reportWire bas been maintained. Rates all « On dema round are still low, an there is still | On Singapore-- a considerable volume of tonnage). On demand. on the coast seeking employment, On Manila but prospects are, if anything. On Shanghal On demand brighter PRO demand.
Nowchwang de now expected to (210 days' sight (peårste; open on or about March 12. Mida Jokohama
The Saigon Hangkong: market |-- On demand c appears to be still weak, although Gold Lesi, 100 dbě (por tesi): 47.80 there are some enquiries for con- Silver (per.cm.)
Sovereigns (Bank's hoping rate) 887-- secutive trip businesą,
TAILORS MAKE A STAND,
The National Federation of The Royal Commission on Food Merchant Tailors has decided by a Prices Sir Aukland. Geddes pre- handsome majority that the trade alding heard #vidence on meat is too patient and, has censured the prices from Lord Vestay and Sir amount of credit allowed to custo Edmund Vaŝtay, directors of the, mere: manda Union Cold Storage Company. It is hard to discover any part The combine, it was stated, con-ficular reason why sometrades should trolled several wet) known firms be carried on mainly on the basis and in all,356 Metall bhops. N of cash transactions while in others Lord Vestey said they had 60,000 | credits are permitted. Few men head of cattle ready, for killing, who keep their tailors waiting | but could not deal with them would attempt to do the same with because of the excessive cost of their bootmakers. The unpaid labour. It was möre; profitable to tailors" bill. foais. along the let the cattle die on the stations.|úde of social tradition and The buying said Lord Vestey, carries with it the rather was done in open-competition. It paltry," romanticism of careless was absurd and untrue to any that youth, The dandy who manages they controlled the price of meat to show his graces in clothes that The root causes of the present he does not expect to pay for until price of beef were that the pressure is acute may be the com- Continent had become a heavy piete atavist; his ancestors were purchaser, and that there was anno doubt players of the game with The Coal Market Report-Japan absolute shortage-with small the more gaudy counters of their Coal-As the clouds, which Hongkong of cent subi ». › par,
kelihood of lower average prices century. But the shady gallants have been hanging over Shanghai. in the near future..
of the old farces who struggled for tome month past, now seem Canton cons through a desperate second act to be fading away bative dealers Bar Buver in Hongkong amid tailors' writ-servers and Bow are more inclined to resume bust Chinees Copper Cash Street runners have had their day,ness and there is a fair amount of Chie Copper Center Acredit system of this kind enquiry going on in the market. A Chacon Sab. Coin,
Rate of Enlivé Internet simply meant that the careful man certain amount of business has Hoogkong Bub, Coln. must make up for the delays and already been done and the market defaults of the reckless by paying shows a more hopeful tone all higher prices, since tailors were round....... not in business for the entertain- ment of their less scrupulous customers.
Their profits in the British market, Lord Veatey went on, meant that for the last six months they had worked for the public for nothing. It was denied that the combine had exploited "its ownership of cold-storage space at Trafford Park and elsewhere in order to control prices..
SHANGHAI TRADE..
Goods Market Rsport
Messrs. Ilbert & Co's Shanghai, March of says
The abuse of credits has not been all on one side, and in university towns there used to be dated graduates to go on buying without Piece a tacit encouragement to under
paying, as parents were regarded The market has maintained the as in the long run sound, if improvement reported last week indignant, security. There has and business has been quite fair, been some" moderation of this though still leaving a great deal to scandal recently, and if the tailors be desired in comparison with the further decide to moderate their amount of trade which might have patience with young men about been expected if financial and town nobody is likely to com political conditions were normal, plain except those who deserve which is far from being the case 10least consideration. Deferred spite of superficial appearances 10 payment. is a social conven- the contrary. Haskow merchants lence that works, as all such have taken fair quantities of white accommodations must work, by shirtings and would probably ex-the, use of common sense on both tend their operations if it were not sides. The silly kind of snobbery for the outbreak of warfare be that considers it a gentleman's tween military factions in Honan, pastime to see how far one can go whilst Tientsin has taken a miscel-with a tradesman will perish un Janeous assortment of goods, lamented. On the other hand, if including Fancies, aggregating a tailors seriously intend to keep a fait quantity on the whole, but not amounting to very much in any particular line,
-The healthiest feature of the market is the continuance of very fair volume-of clearances of Tormer purchases which, although means almost invariably a loss to the local dealers, is steadily strengthening the Tocal position and paying the way to fresh business later on.
tighter hold on the slippery customer and to have no more bad
accustomed to pay his own way debts, the man who has been and some of the other man's may reasonably expect to pay less. Manchester Guardian.
U.S. SHIPPING.
Lancashire quotations during the PACIFIC STEAMSHIP HAS GOOD
(2015-06, Boulevard Haussmann, Paria, -
* Bubačribed Capital Fra. 72,000,000,00 **Paki-Up_Copdial .... Fr. 88,400,000.36 Barve Foods. Prs. 59,607,288.54.
week have taken a strong upward tendency' lo sympathy with the Salyou Shanghai
price of cotton in New York and Singapore Liverpool and this, coupled with Titan
the decline in Exchange, have put Torran
a stop for the time being to all Yunnanfu
attempts.at replacement of current sales.
lite matvaznbóng
Kaumes
Parte Piktog
Pac-Pend Pondichery
· BANKERS;
EN FRAGUE Comptoir Natios al d'Escompt 200 Pxzka1 Crudii Lyonals, Bangna de Paret ** Payne Bang Credit Industriel et Commeroli!
LONDON: The Netlonai Provincini, à, inion Bank of England, Ltd. Compton Mational d'Escompte de Paris; Credit Lyonne PEIN NEW YORK J. P. Morgar & Co.
Pinch American Banking Corporation; “Eweszły. Tursi Os, of New York,
Internet allowed on Current Accounts and Wired Deponita socording to arrangement.
Bray Ameriplan of Banting and Exchan
A. LECOT,
Manager Hongkong, March 20, 1924
THE YOKOHAMA SPECIE: BANK. LTD.
Established 1880..
(alapital (fully paid-up). Yen 100,000,000 Reserve Fund ....... Yen 80,500,000
Head Offen:-YOKOHAMA,
Branches and Agencies at Newchwang. New York. Osako.
Mombay.
manos Ayres.
Changchun.
airan (Dalny)..
Peking.
Rangoon.
Rio de Janeiro. Kangtien (Mulden). Saigon...
Lambusg.
Smalcom.
Menolulu.
Kat Tuan, ~
tradide.
Angeles.
San Francisco. Beattle Shanghai
Shimenosckl Singapore. Soerabaya... Bydney. Tientsin..
Tokyo Tainanfu...
CANADA'S WHEAT CROP,
FİNAL ESTIMATE FOR
LAST YEAR.
A final estimate of Canada's wheat crop for the year 1914, made public by the Dominion Bureau of Statistics on January 23, places the total at 261,097,000 bushels, valued at $320,362,000, as "com. pared with a crop of 474,199,000 bushels in 1923, valued Ak $316,934,700,
of
"
YEAR.
|
Miņa 10 Barth
Mias E. Barle
· Mr V. Benjaminüge Kraskman
Mr. Benport Mry End, Krs_0.
Mr B. G. W., Be- - Lauritsen.
Buprendente Ma Pa Pa Letovis
Mr H. Bickerton ...
Mr.K.J Birbook
Mr Blanketok}
Mr M. Bland
Mrs E. Liddell
Miss H. Lille
MY M.P.B. Marshall
Mr D. McCallumí
Mr G. Bowick Capt AW. McKin Mr T..B. Brown, MoLepd
Mr B... Burdin--- Hre:
Mr. Buchanan
01: 16/18
Mr G. W. Bards
Michael
Mr. B. Carlton
W. Miller
X.dia
10
Dr. Christopherson Mrs TE. Mrs Christopherson Moore and oḥild Trend Mini Wara Mr KB doorhead
| Cornell "eks MeA÷8, Mujer Mr JZE Tanggar: Mr. Wslorwood: Me dura,Du Dean JrZJE. O'Farrells In-1 % out Mr, W. Hagen -
transportation is, temporarily at any rate, somewhat easier
Fushun CoalNo change. Fuchung Anthrache -No change. Kaiping Coal:Though there is The like has, however, been the only sufficient: coal available, at case on several occasions since the Chin waniide to Leep employed a commencement of the disturbances very limited number of steamers, in the Autumn; and there is, at quicker turn-and an indication reversion to normal conditions of these are for the moment making present no indication of settled
that the situation as regards fallway supply,
LOCAL SHARE
MARKET.
OFFICIAL 90 07ATIONS.
I AM
MARCH 13.**
Names
Stock Exchang
9/8 1/4
dank B.8.B.CT.T. on sailing rate
London
and' on Shanghal Bonghong Binks 1730 b. 1350 a London-140 Chartered Banken und Raj b..
P. &0. Back
£ 11 b Eit Aala Bank
28 b. Marcantils Bark A B £25-1/1 b
20 - 813-1/8/b.. Marine Insurances
Canton Ingorapetje p Karta Chroníence i Union InstDCS WE A Insurance, Fangtand China Undr
jag
Far Eastern day TĪTE ÎNSUTANÇÓs
Chins Fire Inavyazice
-
140.
Be Instirance......$ 210 má
Douglases.
B.K. Steamboat
Hong Hang Tags and Lighter Slado Obicas (Pref.
do.
(Del.)
MARCH 13 Sharabçokers' Association,
1/3-1/4..
12:30.
58 b
84,70%.
38 n.
b. 35-1/2
180 n.
77-U
:9 17-1/4 m.
19.10
Although our records for 1924 have not been completed, we: believe they will show the best year in revenue the Pacific Sicamship Co. ever has had," HF, Alexander, president, says. "We› believe, the volume of business will be approximately $10,000,000 with more than half of it freight. In addition to our own freight| business we have income as Pacific coast shipping agents of International Mercantile Marine At the present time we are carry. Ing 90 per cent of the passenger and 60 per cent of commercial cargo business between Pacific Decks Wharvel coast ports.
H. & K. Wharts B. &W. Docks Shal Docka
EK. Reg.) - IM Shell Transports Star Ferries Lik Water boats... Oriental Hav, Co. Badinerier
China Sugar Malabon Bugar Wizlas
Mining Adm
*
.67,6 b mb. 874 b. 24 Shanghai Loan Obal Explorations...) 35) b. 6.60 as Bingle Tangkats
150 a
Rauber
Tronoh Mines
Benguet Con
New Engineering.. H. K. Engineerings. Shangha
Landa, Hotels &
E. Deydlopments R. 8bs Hotels 181, Hongkong Lande Humplirey Estates.com Kowloon Land
"We are making our plans for base this on the fact that general our greatest year in 1925. We
business conditions on the coast The 1924 total consists
are better and should remain better 22,294,000 bushels from 774.172 per passenger business should than in a large part of 1924; that harvested acres of fall wheat, and benefit tremendously from the 125 239,803.000 bushels from 21,281,538 acres of spring wheat. The Conventions scheduled for the average yield per acre for all coast this year-three, the Elks at
Land Reclamationa-, fi« «** wheat last year was 11.9 bushels Seattle and Shriner in Los Angeles
Portland, Knight Templar fo Princes Building 46 compared with 21 bushels, in being especially large, and also
B.E Realty in
H.K. Territoriais. 1923, and with 15.4 bushels, the because the new direct line fares
Buval Landakan average for the five years which, since last month, have
Cotton Mill 1910-1923.
Ewo Cotton Hills, Oats yielded in 1924 a total of permitted the tourist to travel
Kang Yiks from Chicago, St. Paul, Min-Lacu Kms A 411,697,000 bushels from 14,491,299
Mow neapolis and west of the Mississippi acres, as compared with 563,997,500 points to San Francisco, Los
Oriental bushels from 14.387 807 acres in Angeles and San Diego by way 1023, and with 481,313,220 bushels of the northwest on our boats, at from 15,366,021 acres, the five the same cost as the direct fare. year average. The average yieldFirst unit of our terminal at per acre. was 20.4 bushels 25 Seattle is expected to be ready against 39 1/4 bushels in 1923 and this month and will permit a great 31.4 bushels, the five-year average.
The wheat average for the five saying in the cost of handling years is 326,258,640 bushels.
freight, reduce ouroutlay for rental of offices and plere, and be a source of considerable income.
Interest allowed on Current Accounts CANADA'S TRADE WITH U.S. The first unit is 150 by: 1,100 feet
Deposits received for fixed periods at to be obtained on application. CARIMAN Manager gkong, 11th March, 1926,
BIG SLUMP LAST YEAR.
costing with land about $2,100,000 We believe we have every reason to be optimisile
Pacific Steamship Co's report hows 1924 port disbursements to have exceeded $12,000,000, includ- ing disbursements for several lines which it serves as agents as well, for its own accoDULA MENO.
Canada's total trade with the United Stated last year stumped $46,000,000, while her trade with Great Britain gained 521,000,000
Imports from the United States arle were $524,000,000 as compared with ing
that
D. 67,8
2,60.5 1.65
4.185 sa: 189/100
T131 b-1918 a
To at b. 80 #5:
(-16.70 New
b. 10 Cent Sys *b. 91/as83/91:1/1/ | 25° en 21,90519.
7 60 b. Now 893 (1)
1. 60 Mew 23 a.
Cemente "Combined: 097.40 b.. Coments #181 b. Now 8-14 ze
237.10 China Borneos A
Chas Tights (Old)
do (New) 18i 56 Comb; 25' n ́ ̈ Ohias Providents' $15]. a 25mm 8, B0 b,++ Providente Carshineel
Dairy Farmsta H.Electrics Mano dod Hongkong and Hongkong hopes to Hanghong
Atorm
10.70
• (by 18-111 Ngw bad (Oomab, a 17) sa 21.00
.18
[6. 20:00
Now B 8-12
ISPULED' PAV MUTILA
Mr & Mrs C HMr & Mis H. Odell'
Bannerman Mr & Mrs J., BoharMr and Mrs J.N.
Parker and child
Mr A. 0.
Mrs E. Barke Brand Ess A.F.A. Foter
Carlston Br
Mr and Mrs L. H.Mr. & Mr Mr and Mrs Chryver
Deking Dars Mr OB. Bhank
Geure à daughter Van' the Steam " Mr and Mrs P.MLt Col & Mrs Sta
Hedgson
phones
Mr and Mis U. EMË and Mire à.
Koohler
Mr and Mrs Varandel
A. 0. Mr V Varroa Langnir
Mrand-dra P Mr Mrs B. Lund Wright Mr I. Mayer
PEAK". HOTEL-
March 3
Dr J. W. Anderson Mies G. Kennedy" Mr. 8. A. Arthur. Mr M. F. Kay Miss E. R. Bally. Mrsand Mrs E, E Mr and Mrs Mr & Mrs & Lace
Bellany
Mr. J. Wah, Honnar Mr. and Mr 8. H. Me and Mrs T..G. Langston
Beareth
Me B. Jaison
Mr W. H. Bourne Mr and Vis G. D.
Mr. M. Breen Lega
Col & Mrs G.Bussell Misk Leys
Brown
Major A. S. Little-
- MIM F. W. Brown Jokoa, E
Mr B. D. Carothers Hr L. M. §. Lloyd
Mrs J. O; Mr J. D. Lloyd Boy
Capt...
Lock
NE
"KANTONG'TO,
lossa: 16th February
OSCHE HANDEL TSCHAPPIJ:
“Bearve Fund, lo
Special Reserv L.,8.
HEAT OFFICE EASTERN KRAD OF
BRANODES
Banderamin Bandowng
Oheribon. The Hagua Makawar
Palumbong
· Mudar Pecaionigi
Pesangat * Photismako? Rangoon Kotterdamsel, Bamarang, Shanghai. Bingapore Boersbain, | Soerak
LONDON BANKERS?~- National Provincial Bank Léd, Correspondente all'orse the world.
BANKING BUBINÉES OF EVERY
·DESCRIPTION
...WILDROSKAMP,
Honglong, November 4, 1994)
司公理管教官法中”
SOCIETE FRANCAISE DE A GERANCE STA
DE LA BANQUE INDUSTRIELLE-
WM DE CHINE, VE ETABLISSEMENT FEANOO
CHINOIS,, -
· (Incorporated in France);
5. Chater Road, Vistoria, Hongko HEAD OFFICE: 74, Rue. St. Lazar Paris
Subscribed Capital fully Reserve Fund I paid-op",
›
Frs; 10,800,000 Frs: 10,000,0
Working fund provided by THE BANQUE. INDUSTRIELLE DE CHINE
Fr. 50,000,000.
BANKERS
Pafia: Societe Generals,
"Natisfalq de Crediks. Banıqda
Paris al den Page-Haw: E
KepeaterMIENTAS NO W London: Midland Bank, Ltd.
Cooper Logan
1. H. Cornach Me D. C. Legen
Mr and Mrs, W. AMe and Mm T. A.
Cornell
Martines Ma
Mr and Mrs J. D.Mre'T." "Modinof
Danby
Hr R.MoGregor
Lt. Col. B. A. Dob-Mr H. A. Miller
Mr and Mrs
Ha
Mrs Gamers Ellis
Miss Ellis NA
Duncan
HrE. E. Mimmack
E:W.
J.Mr and Mrs E.
Munton
bolma
New York: Teving Bank Columbia Trust
Co.
Every description of Banking, and Exchange Business transacted.. Corros- pandents throughout the world.
M. PITZ-HENRY, Mad Manager. 10th Novembar, 1924.
Miss M. W. News- THE BANK OF TAIWAN, LTD.
(Talwan Ginko.)
Mi-and-kira W. A‚Hg A¤ H. Penn:
Mr A Forbes
Fartans
Mins M. Forbes
Mr B.. J. W. Foster
Miss G. Fothergill
Mr and Mrs
Franklin
Mr and Mrs H, B.
Remington vrata)
Bitoba
Banders
P
Incorporated by Special Imperial -
Charter, 1899..
Lt. Col. & Mrs O Capital Subscribed...Yen 60,000,000
Mr & Mrs G.Scott
Mr B. P. Shawn
Lt. E. C." Frederick M. R. B. Skaltoo
Mr and Mrs W. D.Mr and Mrs/
Goodfollow
White Emith
"Mỹand Mrs Geo. W.Há & His
0,5 E
Grey Brubbing the
Hz, and Mrs By
Reserve Fund Capital (Paid-up)
Yen 52,500,000 Yen 12,980,000
HEAD OFFICE:
TAIFEH, FORMOSA.
TAGS BRANCHES,
La Halos frEEL.PAPAN-Tokyo, Yokohama,
Man M. B. Hall
Sand Mess AMITAB Thomso
Mr&Mrs Thwaites
Hamoock Miss Threaten
MrJ.B
Mr and Mrs W.-J.Mr.A. Wa Hakla
Hawkerk
and Mrs EL
worth
CO Turner Lt. Comdrà G. F.MY Q HL. Viinaka
Hole
Capt RF. Walker ¿Mir. E. Howally CaRM 4, E. Watter Kr. Jenkins Capt. And Whyte Kii, Dk Jakian, Miss Ch Willmott Kiss 0. 0. Jenkins Mr and Mrs 3D. Mr G. 8 Hugh Jones Wood
Mír-1. A. Jordan" Mr G. 0, Womil
ANG PALACE, HOTEL,
"My A, Arch Mr C.H. Basswood
Hr. B. A. G. Barrett Me J. Jack
Mr W:"A. Bonnott Mrs Mcław. HR W. CampbellEr McDonald
Me M. Bimpson
Dox Mr. W. B. Oun "Hr and Mrs N, B.Mr H. Brith
Davor Capt. 1 W. Frutth Mr. R. P. Darice Mats UBtringer and MEH. DANISTAN, child.
MY BFortholder Mrland Men Haum
Goldenberg
Mra G. CuLock
Hr AC. Fake Mt: W. Walter
THE MERCANTILE BANK OF
INDIA LTD.
5o STAD
000,000
Ozaki,
FORMOS Giran, Kagi, Karenko,
Keslang, Makung, Nanto, Pipan, Shinchiku, Taichn, Tainan, Takow, Tamisul, Tohyan, Ako,
CHINA-Shanghai, Hankow, Kiukiang,
Amey, Foochow, Swatow, Canton OTHERS Bangkok, Hongkong, Singa
pore, Sourabaya, Samarang, Batavia, Bombay, London, New York
LONDON BANKERS London County Prestminster and Parr's - Banka
The Bank bur Obrripandente in-
tian,
| li tân Sommarbu. - Coutros in the European Condiment. Hvorlik Man
churin anglao, Japsa, Indo-Uhling) Bluan, Bodaj Philippine Alandia, fara, and: Dutch India, Aust Talia, Amarion, Afrios de AFPH
Internet alojad on Carter Amount, Ind Wisd Depešića ni rules which will be gusted on appllon AZ YAMAMOTOJ
Manager. HONGKONG BRANCH, Z
B, Des Voeux Road Central Hongkong, 5th June, 19944mle
THE BANK OF CHINA
Authorised
fandate, óf the Repub
the 22nd of Nove! Authorized Capital Pald-try Capitainess
HEAD OFFICE: PEKING
HONGKONG BRANCES
‹ QUEEN'S ROAD CENTRAL Branches, and Büb-branches ail oran China-and. Cousaporülenta in Europe, America, and other parts of the world. London Bankers: Thailiational Provin
cial and UnionBank of England, Ltd. The Guaranty Trust Company of New
bla Trust Company of