Page

HONGKONG & SHANGHAI

BANKING CORPORATION,

AWAD OFFICE: HONDKONG,

AUTHORISED CAPITAL...... 850,000,000 INSUED AND FULLY PAID Ür $20,000,000 KESERVE FUNDS ****

STERLIN £4,500,000 Seven: £26,500,009- RESERVE ABILITY OF

PROPRINTUES............................

$20,000,000.

COURT OF DIRECTORS:

(4. M. Young, bay-Chairma B.P. White, Ey, Deputy Chairisa.

P. 11 H, Bertha Esa.

W. K. Boll, Faqe

L. H. Chepton, E.

Hon. Mr. A..aur

Faiteuren.

1. A. Plummer. B Ean.Mr. P..Holyoak T. (3. Well, Kan

CHIEF MANAGER:

A. II. BARLOW, Esq... Manager: Shanghal-G. E. STITT,

LONDON BANKERS. Westminster Bank, Ltd.

CURRENT ACCOUNTS opened to LOCAL CURRENCY and FRIED DEPOSITS received for 'one year or shorter periods in Local Currency and Starling on terms which will be coted on application.

*

Hongkong, 2 st Fbruary, „325.

HONGKONG SAVINGS BANK. H" business of the abova Bank THE

onducted by the HONGKONG AND SHANGHAI BANKING COR PORATION. Rujos may be obtained oa application.

INTEREST on flaposits is calculated on the lowest bilanes during such com- plated Calendar Month at 3 per coat. per annum. Should there be no balance Do any day in a month aiuterest will

ba allowed for that month.

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

For the Rosexors & HianSKÁ)

BARKING CORPUŽATION,

... H. EARLOW..

Slot Manager Hongkong, 7th Javery, 1925,

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

INCORPORATED BY ROYAL

· CHARTER, 1853. HEAD OFFICE: LONDON.

Paid-up Capital ...... Reserve Fund

Reserve Liability of Pro-

prietors

£3,000,000

£3,900,000

.£3,000,000

FOREIGN EXCHANGE and General Banking business transacted.

CURRENT ACCOUNTS opened and FIXED DEPOSITS received for 1 year or abarter period at rates which will be

noted on application.

A. H. FERGUSON,

Manager.

Hongkong, May 8, 1923.

BANQUE DE L'INDO-CHINE.

HEAD OFFICE:

96, Foulevard Hausman, Par borihad Capital ...Fr. 72,680,009.04 P3-Up Capital Fr. 88,400,000 06

Heserys Funda o Fr. 59,667,293,64

Zangkok

31:20

Qvarn

sti

Frisha

13

111

BRANCHES Hongkong

Mongtie

Papeete

Paota-Penh

8 iron Shanghal

Hiouspora Tientin To Yonsenfu

31

Fating Pondicherry BANKERS: INFRANCE Comptoir National JB-compt Parts: Grailt Lyoonala. Hanque de Paris a PyBs; Codit Inlaid Commrrois

Boneralo

LONDON The Netloant Provlaci Jalan Bank of England, Ltd.; Comptoir

COMMERCE AND FINANCE.

SUGAR PRICES.

Yesterday's Nam Pak Hong quotations for Java sugar, basis usual guild terms, per picul, were as follow:

No. 24 rough white, $12.23.

"Spot."

No. 18 rough brown, "Spot," $10.93.

No. 24 rough white, delivery in May. $10.93: delivery in June. $10.03: delivery in July $9.96 delivery in August, September, and October, $9.93: delivery in November, $8.83: and delivery in December $9.93.

RAWA

FEATURES OF SHANGHAI MARKET.

THE CHINA MAIL.

'A SILK TRADE WAR,

JAPANZEE PLANE TO-CONTROL MARKET.

Members of the Diet are bom- |unding the.Government with ques tions regarding the better orgnissa-

A feature of the raw cotton [tion of the silk industry, which market during the week was the seems destined to become complete- byly officialised, writen the Mawber- shown continued interest milla-Japanese, Chinese ander Guardian's Commercial corrès- foreign-In Indian cotton. A good pondent at Kobe. At the time of quantity of this staple was bought, the 1920) slump a concern called the aggregating some

5,000 bales, Imperial Sericulture and Silk Yarn making the purchases of Indian Company was created, which took up-to-date, over a lakh of bales over all the stocks and let them out since the beginning of the season. only as the market required them. This is not excessive, as we haveThe thing could only be done at the SOME FINANCIAL SAYINGS. seen much larger takings in other expense of the humers, who were times. It looks as if we are 'get- ting into the period when ladianipelled to reduce their cocoon cotton will be in greater demand, output, but it was so stocessful thui owing to the sustained purchases it seems certain a large concern will of yarn and the depletion of staple organised for the control of the supplies of Cainese cotton. Mills

our

I have no doubt that, the more publicity we aim at and the more. we take the public Into confidence the hetter for

our selves-Sir WH. Gaschen (Sun Life Assurance)

י

I seem to detect a qulet abandon- ment of many ingenious sugges: tons for linking our note issues to a complex of prices, a dilution of silver, or the inherent value of music-halls.-Mr. Henry Bell.

il trage and the marketing of raw

EXCHANGE.

Hongkong eth apríl 1995.

On London-

Bank, Wire...

H

14.

**

On demand...WH/3 1/16 30 day's right... 4 months' sight 2/3-4 Credits, 4 months” eight,...3/5-f Documentary, 4 months sight 9/4 On Parts

Og remand..

Oredita, 4 months' sight

On demand...

On

New York-

On demand...

10

Credits, 60 days sight On Bombay--

Wire

www TH

On devirad On Calcutta-

Wire On demand no Singapore On demand

Manila On demand... On Shanghal

On demand

uog: ་

30 days' sight (peirats paper) On Yokobsm

De demand... "

151

DOI

1081

old Less, 100 fine (portal) 47 60 Sovereigns (Bank's buying rate) 6.84

HE RI SUBSIDIARY GSIRE..

Silver (per on.)

Hongkong: 50 centa sub,

17

15

WEDNESDAY, APRIL 8, 1925.

VISITORS AT" "HOTELS.

HONGKONG HOTEL.

April 7, Mr.-R. T. G.. Aitken Mr. J. · H. Joke- Mr. & Mra, N. stone

Miss H. Jordan Beale Mi Fatosis I. L. Jorda Mr. V. Bonjamin" Mr and Mrs Rosto Mrs. E. R. Belition Me A. Kidd

Reefa Mr. R. J. Birbeck Mr. J. G. O

Man B. Lackwood Miss Burton

Mr. D. Cappleman Mr. & Mrs. C. Mr W. E, nosile

Mr Mm W..J. B Mr. & Mr

Obamber

Mrs. Clacké

My W-Poltno

Mr. J. H. Cook

Mr. M. Concanzon

Mr. L. H. Davis

Miss R. David

Mr. & Mr.

Deacon

Lauritsen

→ Linderman

Miss H. Lika

J.

Mr. & Mrs. A Lint

Mr. &

Marks

Mra · P.

Capt. & Mrs. A. W.

McKinlay & child

B. Mr and Mrs Mo

Naughtoa

Mr. CW, O. Van Misi MoNaughton

Dorinar

Miss Dorothy Mat-

call

Miss bf. Eccies.

Mr. & Mrs. E. E. Mr. O. H. Montagne

Ellis

Mr. N. Murray

My A. R Fondlay Mr. McGregor

Fraine

Mr. G. F. Elasser Mr. J. Folaard Mies H. Fay Mr. E. B. O'Farrell

Mr. H. Teamean MrR H. Pope MS H. Puerner Mr. A. H. Row

wp V. Q. “ankey Mrs. E. Sparka Mr. & Mrs. A. .D. Silas & infant

Misa Fraine

Mr. & Mrs.

A. H. A. Fong

5 d.

Mrs. R. Gelard.

10

1+

Miss A. I. Grifin

K 19 C

1

8 x dis.

Mr. & Mrs. J. Gould

Dr. DR. Gawier

W

Canton colus

4313 Y, dia.. Rat allver in Hongkong 10% pm. 10% pm. Chinese Copper Cash...

6% pm. Chinara Coppar Cents Rate of Native Interest in 1% oat

- 31% die Hongkong Suh, Cola. .....

%.dk.

Chinese. 'Bab,' Onto'

counts for more than it is worth in stimplating the iden of the new com- Janv.

a

Mr. & M. O 2,

Smith F Mr. G. H. Gibson Dr. Silvestri

ton:

THE BANK OF EAST

ALIMI, EDA

ASIA,

HEAD OFFICE HONGKONG,

Authorised Capital......................................@10,000,000, Paid-up Capital'immens 85,000,000. Reserve Fund ****kastetvi,,11,590,006

DIRECTORS:

"Hon. Mr. Chow Shoa Bon--Chairman Fang Ping Shan-

Li Koon Chun.

P. K. Kwok

Ng Cbing Lok

Foar Wil Ting

Mox Ching Kong Wonx Yau Tong

.. Hayah Tai

Kan Ying Po Chan Ching Bhok

Every description of Banking and Exchange

tranannte. Loans granted

bosinon

approved securition.

SAFE DEPOSIT BOXES to les.

KAN TONG PO

"niet Manage.

"Horgkong, 18th February, 1925.

NEDERLANDSCHE HANDEL

MAATSCHAPPLI.

- (Rmexendandi Takpore Bouzert))-

RETABLETED 1991, - Hoxxon Bxazon Setanzten. 1906.

,་ Authorised rüpitai +1,280,008,000+ £12,500,96 Fald-Up Capita 80,000,000 3 0,584,876 Bawarra Fund 20,046,082 £ 1,870,419 Epecial "Reserves.....G. 22,680,000 £ 1,288,000

HEAD OFFICE :—-Amrlerdam, EASTERN HEAD OFFICE |--Katarín. BRANCHES —

Beadlermain Bandowną Bombay Coloritta

Djember

The Hague Kobe

Okeribon

· Makazane

Palembang

Penang

J. Botterdam

Semarang

Tegal

Bingupare

Mr. & Mrs. A. Mr. M. E. Sinclair Dorjata

Henderson

& child

Kota-B Mr. J. Scott Hars-Dr. H. F. Sommera Fing

Capt. 1. Siquilard Mr. E. Hausmana Mr and

Strickland Mr. A. F. Henry ME Hovmib Mr. & Mrs. L... A,

Tobias Rev. G. H. Howitt Capt. 7. P. Hall Mr. A. D. Taylor Mr. & Mrs. W. A. Mr. J. Thomson

Mr J O. Kas Van F. Mr G.T. Vauderterg

Mrs Vernon

Hannibal Misses A.

Hamilton

Mr. G. A. Harriman Mr Pick Mr. & Mrs. A.Hicks Mi Winck

Pontianak

Boers, bai

Medan

Pulangan:

Kangoon

Shanghai

Boerakaria (Bole

Waltevredes

LONDON BANKERS :-

National Provincial Bank Ltd. Correspondenta til over the world

BANKING BUSINESS OF EVERY

DESCRIPTION.

W. K. GROSKAME,

r&T Haldworth Capt. & Mrs. Walker Hongkong, November 4, 1924. Mr. C. E. Holmen Mr. & Mrs. P. R. Mr. & Mrs. Wm.

Warren Higgins

are showing interest, and as soon as arrivals of Shensi become with. The matter of inter-Allied debts restricted.

the

takings. .no The project is simulated by the will always be a danger if it is doubt will increase proportionate rumours of the projected creation of settled. Dr. A Ree (Presidently. After all, the quality of China | Silk Exobings in New York. The Manchester Chamber of Com.

cotton at the present time, with | Japanese silk bade begins to feel the exception of Tientsin and the nightmare of its chief customer merce:)

If men are taught day in and Shens is not very famous. Of being financially so powerful as to day out that Capitalism is the

course, Tientsin a short staple, be able to dietate prices, and wanne source of all their troubles how

While Shantung is also mostly hold the chief power in the can they be expected to sit down short stuff, while ordinary Han-arket itself. If this contest really with their inevitable grievances

kow is too much watered. Tung, develops the war will of course, in a reasonable way. Mr. Neville

chow and steam jinned are not | lato të he carried into China, where Chamberlain.

worth buying, because there is too The Angerica'sare always threaten. much

moisture in them. Milling to organise the industry and owners will naturally prefer to tech the Chinese sericularisto confine themselves to Indian first.baster methods, because they get dry cotton, Last year America excelled her Meanwhile Mitanis are going in and secondly because they knowlf on a buyer, but the Japanese for the artificial silk business on what they are getting. There producers are not satisfied with that. large scale. One contemplates with The imperative demand of to

is a fair amount of enquiries They fear that unless they combine some misgiving the prospect of day is the adoption of the coat prices about Tls. 45% for and control the market, they will Japanese weaver adulterating their partnership principle in the mining Akola, Tis. 41% for Khandelsh, be dictated to

The prospect of | silks with the artificial yarn. Such Industry-Dr. Charles Carpenter Tis. 46% for Broach, and Tls. 47 toting out of business, the few process seems almost inevitable. Mr. & Mr. A. S. M (South Metropolitan Gas Com Tis. 47% for Tinnevelli, and Tis foreign merchants who still handle and will bendinous to the reputation Miss A. Jerrold pany.)

46 for American scind, Taking. Intelligent control is essential Shensi at Tis. 44 and adding to a silk from the Japanese end also of the Japanese goods. to minimise the extent of the per cent. for the moisture that it booms and depressions, which are contains, it makes the price of an industrial curse.-Sir Josiah Shensi in comparison with the Stamp.

Indian Tls. 45 under the circum- stances. Broach, for instance, is not very dear, and the realisation of this is inducing the mills to lay in stocks of the Indian staple. The prices cabled out from Bombay on March 24 were Rs. 433, for Bengal, Rs. 483 for Oomras and Rs. 482 for Broach. According to Volkart and Bros.' statistics, shipments from the beginning of the season lo China from Bombay amounted to 70,062 bales.

+

The Atlantic steamship come panies are so closely interlocked that they are able to dictate rates at will—Mr. Mackenzie King (Canadian Premier)."

We look forward to the day when France will be able to face the difficult problem of balancing her Budget and return to a stable currency, for there will then be a fruitful field for sound and re- Investment.-Baron munerative d'Erlanger (Sterling Trust).

There is much talk about speed ing up electrical development; it would be much better for the country if the politicians would cease from interfering and allow the companies to get on with their business. Mr. A. G. Lupton (Yorkshire Electric Power Co.)

SUGAR TRADE NOTES.

India reports the activity of 23 cane sugar factories in the 1923-24 season, against 19 the year before, which produced 38,312 tons, com- pared with 23,886.

Shensi cotton is coming in fair quantities, and during the week mills bought of this at Tis. 44 de-

no

livered mills according to quality. Business was also done in Tientsin cotton at Tis. 42 25 and Tls. 42.50 delivered mill cf. Shanghai. This is not the first transaction in Tientsin by local milia, as a couple of weeks ago some business by the Japanese Was reported Shrip ents from Tientsin will likely increase,

business is reported between Tientsia. and

America, 48 American and Tientsin prices are three to four per cent higher than what American mills are willing to pay. No transactions are roported la American cotton, as the prices are a bit too high. Prices on the exchange. for cotton are Tis. 43 30 "for March and Tls. 43 70 for June, with yarn quoted at Tis 178 for The West Midland Sugar Co, March and Tis. 172 40 for June. with capital of £250,000 has been O March 18th cotton stood at registered in England, to manu-Tis. 43 30 for March and Tis. 4395 facture and refine sugar.

for June, with yara quoted at Ts. 174 50 for March and Tis 172.30 for June. It will be noticed that yarn

Hungary has removed in its special-licence restrictions on the exporting of sugar:

New Zealand has imposed an import duty of 4d. a pound pa

sugar.

France's sugar-best area now amounts to 195,000 hectares, com- Na Eumple de Paris; Cralit, Leeunisspared with 210,000 prewar, and the IN NEW YORK: P. Morgan quality of the beets is said to be Franca American Banking Corporation;

7110y Trust Co. of New York.

inseam allowed on Gurrent Accoɔnų and Pond Daynefta kapording to arrangement.

Crazy description af Banking and Exchang azine transected.

A. LECÓT.

Manager Haagkong, March 20; 1934.›

THE YOKOHAMA SPECIE

BANK. LTD.

Established 1880.

Capital (fully paid-up) Yen 100,000,000

· Reserve Fund”................. Tes 80,500,000

Head Once:-YOKOHAMA,

Branches and Agencies at: Newchwang.

Batavia.

Botabay.

Buenos-Ayros.

Calcutta.

Changchun.

Datres (Dalby).

New York.

Osaka.

Peking. Rangoon. Rio de Janeiro. Fangtien (Mukden). Saigon.

San Francisco. Beattle.

Kamburg,

Hankow.

Harbis.

Honolulu.

-Kal Yuen.

Koba.

London.

Los Angeles.

Lyons.

Xanila

Sbanchel

i Shimonoseki

Bingapore. Soorabaya. Bydney.

Tiantain Tokyo.

superior.

The Hawaiian Sugar Associa, tion reports the 1924 crop as having been 710,000 tons, valued at $50,000,000, a record for value.

The sugar production of For mosa in 1923-24 amounted to 444,980 tons, an increase of 96.155 tons over the preceding year.

|

fer immediate delivery is much higher than a week ago. There is a fairly good demand, and that probably

higher explains the prices. In addition to that, we must take into consideration the 'speculative manipulations on the exchange. The mills are doing.. fairly well, and are disposing of their stocks at good prices. American cotton as cabled out on March 23rd from New York were as follows: 25.65 for spot, 25 41 for May, 2565 for July and 24.99 for October. On March 18th the quotations were 25.60 for spot BOVRIL'S GOOD DIVIDEND. 25.42 for May and 25.68 for July,

(By Courtesy of "Capital and Trade," Shanghai.)

Great Britain is said to import 75% of its sugar consumed from outside the empire.

With an increased net profit of £369,492, the Bovril Company is to pay on the Deferred shares a dividend of 10 per cent., and in addition a bonus of 21⁄2 per cent., both free of income-tax. Since the Armistice the business has made great progress, and for further ex- tension of its activities £500,003 more capital is to be issued.

This will consist of new Pre- ference and Deferred £1 shares.

AMERICAN, SHIPBUILDING

-Shipbuilding in the United States got on a slightly more active basis in February than in January. The Commerce Department reports that shipyards, during the first of the present month, had contracts to build for private ship owners

The latter will be offered at 30, 165 steel, vessels aggregating each to existing holders of Deferred shares only, in the pro-183,372 gross tone, while the con- portion of one share for every fracts which shipyards held on three held. As the market price January 1, called for construction of the old shares is 538., the offer of 161 steel vessels of 177,166 gross is on bonus terms.

Shareholders not destrous of. Deposita received for fixed periods at taking up the new shares can sell their "rights" to do so through a stockbroker.

Nagasaki.

Trinantu. Txingtau. Nagoya,

Vladivostock Intereat allowed on Current Accounts,

mism to be obtained on application.

C. PARIMA, Manager.

Hongkong, 11th March, 19254

sdding Blazi

WINDSOR BROS

MOTORS.

January production of motor car in the United States and Canada amounted to 212008 passenger cars and 28.004 trinks. The Canadian proportion the total was 8,JOT DEMERKET machines and 1.580 truckdeve

tous.

HOLLAND'S NEW TARIFF

LAW...

Holland is reported to have flually adopted its long-considered- now tariff law. This provides for 8% ad valorem for tea and coffes services, coffee, coffee substitutes, extracts, and essences, coffee and spice mille, 134 florins per 100 kilos and 3 ad valorem on tos and mile, and 29 forins per 100 kilos ang 87 ad valorem, en sugar,

H I

LOCAL SHARE

APRIL 9.

tank

Nam+

MARKET.

OFFICIAL QUOTATIONS.

II A.M

APRIL 8

Sook Behan

35 ebrokery' association.

9/3

$28

a 1980

b.

£21-1/

H.S.B.C..T.T on selling rate

London

300

and on Shanghi!

8728 Hongkong Banks 1130s &ia Londaa-E!3) ¤ Ohartered Bank

ים

£113.b P. &0. Bank

$100 Pat Anis Bank Mercantile Bank A B EP-1 b.

do.

.£15-1/8 b. Marine Insurances

Canton InsuranoS... North Chloe logoranos Union InvaranÓÐ VALDA fasurance Yangtube.co Cbiza Vodk

Fire InsurRADOR

China Fire Insurance ...

730 b

§ 140 0.

# 972 b

flongkong Fire Insurance. $8:6 b. shipping

Douglased on H.K. Steambosta Hongkong Turn and Lighter Indo-Chinas (Pref.

do.

do.

(Daf.)) (E.E. Reg.). Shell Transports Star Ferries Water-boats Oriental Nav. Oo, Refineries

China Sugar Malabon Sugar Wining

**

+

b. 211

. 100.

b. *** 2191

6. " 18

b. 745

Негасе

Mr. G. J. Johnston

Mr. & Mrs. Watt

Dr. & Mr. Lingay

Wood

REPULSE BAY HOTEL.

April 6.

Mr and Mrs. Van Mr & Mrs. E. Land

Adel & child'

Mr & Mrs. G. E..

M. Bannerman Mr and Mrs. A.HA

Carleton

Mr and Mrs Clare Mr and Mrs Fred.

EIR

Mr and Mrs P. M.

Hodgioo

Mr & Mre Maligny

and child

Mr and Mrs J, N.

Parker

Mr & Mrs Salemler. Me - nad Hrs T.

Fohryver

Mr & Mrs Vander

Steen

Itol nad. Mra

Mr and Mrs A. C. Stephens

Keebler

Mr and Mrs B. J.

Lacoa

Mr and Ar F. J."

Wright

PEAK HOTEL.

April 8,

Dr J. W. Anderson Miss Kennedy Mr 8. A.

Arthur Mr M. P. Key Miss E. R. Baily Mr and Mrs E ̈K. Dr H. Bilan

Kil Mr and Mrs T. G.Mr & Mrs A/Lane

Benrots

Mr and Mrs S. H.. Mr J. W. C. Bongar Langaton Mr.J K. Bot fold Mr K. Jarsep

Mr and Mrs P. W. Me and des G. D.

Blackwell

Ley:

Mr W. F. Bourne

Mies Leys

Mr M. J. Breen Major A Little- Col. & Mra C.Russell Johns

Brow1

Miles P. W. Brown Mr J. D. Ligyd

Mr M. B. Lloyd

Me and Mra W.

Mr and Mrs R. L. Me W. H. Look

Bridger

Mr 8. D. Carothers Lon

1411

#45 h.-

de 272 婚

$2.40 b 2.9

b2 A0 $.93-54

13.

198

Да

631

0.69

b 58)

#41.

b. 4.30

$ 98 a.

12.

$8

$ 190.A.

157 ซ.

1.

120

85% 2. #87 b #17-1/6 n.

937-

b 87

D. 19.10

$35 m

¤ 235,

#60 #

901 b

581. n

67 6

30mb, $17) ¤ ...7-0.

b. 261

b. 7

b.

$12! b

b. 11-12

330 a

Mr T. E. Ollertou

$61. b.

b 276

Mra N. O: Donald

&. B. Penn

Bl. D

Mr. Samers Elle

P. 2.00 b

Mia Ellis

b 139 183)

rasa 18-120

p 121. D. 9

Kailan Mining Adm. Lengksts... Shanghai Tan Saal Explorations. 8 h Ringle Langkate Roube

Tronoh Mines Ural Caep.

***

Benguet Con.... Docks, Wharves, Godowan ko.

#191 h R. & K Wharfs F. &W. Dock 199

T128 B'bai Dooka makan New Engluserings.. R. K. Koginearings. Shanghal Roarkes Lands, Hotels & Bafidings.

ELK.&bal Hotels 16 sa New-

80 Cents t B.K. Developments Hongkong Lands

$20-1/3 b Humphrey Rolson Leads Princes Building... R.K. Realty H.K. Farritorial Bats! Lands.... Cotton

Ewo Cotton Mills, Ltd. Kang Tiks

Estates..

*41

14

Lagu Kong Mows: Orientals....... Shanghal Cotton Yangierepoos.' Miscellaneous,

Cements

$150 n $4.99 b

#3 90 D.

$10 n.

$11.85 512 sa

T60 5. blow 150-1/% b.

#10 E. How 8.85 b.

Comente "Combled": 1214 b China Idghta (Old)

$86 1.

do (WAW) 319 b Comb b Calas Providents $36) m. New 9} n° Providents Combined - ...

Dairy Farm

HLE: Eleutelos

Macao do

338 b.

$17 1.

$66

b Rs 61-83

b5j sa 12:4

(b10% 16 as 15) Now b. & sa 70 Venka

9951

Capt & Mrs J. O. Mr and Mrs. T. A.

Carpenter

Martin

Mr BB. Cleland Mrs J Molinsh ~~ Mira M.Cooper

Mr E. A. Milie

|_

Mra IH. Cormack Mr E E. Mizzimaok

Mr and Mrs W. A. Mr and Mrs F. W.

Cornell

Mugton

Mr and Mrs J. D. Misa H. W. Nowa-

bolme

Danby

Lt Col R. A. Dob. Mr W. Ogian.

hin

Mr A. Prismail * Mr and Mrs EL, R. Mr and Mr W. A. Remington Mr Ritaha

Rastece

Mr D. FitzGerald Lt. Col. & Mr. C. Mr A Forbes

Sanders.

·Ming M. Forbes Mr& ILG.Scott Mr R. J. W. Foster Mr R. P. Shaw Miss G. Fothergill Mr R. H. Skelton Mr and Ms P, P. Mr and Mm T. F.

White Smith Franklin Lt. C. Frederick Mrs & in. E Mr and Mrs W. D. Stubbings

Goodfellow Mrand ME F. L. Mr and Mrs Geo. W. Stardee

Grey

Mr. F. Sturdeo Med Mr B. A. Mrs J. B. Thomson

Hola

Mr&Mrs C.Thwaites Mio M. B. Hal Miss Thwaites

1:

b301

A. 180

D. 4-1/2

'p. 4-1 ·

b11a. 11.45/E

Mr and Mrs W. J.

Eawker

b3t

U TE MON 09 "

i)

Ch. 21! Now b. 6-8, (Comb, is 311

b. 21

(New b. 16 Comb b atž sa 33

fn. 16 NawB

Comb. b. 28-1/4

b 16.80 254

7

h 18 Now 10 b b48

$46b 50 m.

b 30 a 301

14-10 b, New 16 n.

(o 20 Now on 14

Hongkong Rod Canton Loos Hongkong Bapo 18 New 10,90 Loper Combed. con Hongkong •Tramways-i Pesk-Tramways (Qld),, (New) Watson' Wm. Porella... Lane Crawfordy Canton Tom HE: Coparland

Mr J. B. Hawker Mr A. W. Tickle

Lt. Col. and Mrs H.

Trevelyan

Mr G. M. Hems. Capt. B. Walker Capt. A. Watta

worth

Lt.-Cemdr. G.

Hole

Me H. Howell

Mr H. R. Weller

Lt. A.J. In: Whyte Miss 'C. Willmott

Me T. M. Jenklas Mr and Mn 7. J. Miss O. O. Jenkins Wood

Mr G8 Hugh Jones Mc G. C. Worall Mr and Mrs A. C.

Kennedy

THE MERCANTILE BANK OF

INDIA, LTD.

BRÅD OFFICE

18, Gracechurch Street, London, E. Q. A

Authorised Capital:

Subscribed Capital

Paid-up Capital

Reserve Food .......

Agent

司公理管業實法中

SOCIETE. FRANCAISE DE GERANCE

DE LA BANQUE INDUSTETELLE DE CHINE

8,

ETABLISSEMENT FRANCO

CHINOIS.

(Incorporated in France).

Chater Road, Victoria, Hongkon

HEAD OFFICE: 74, Rus St, Tasarg Pazi

Bobscribed Capital fülly

paid-up Baserve Fund

Fr. 10,000,00

Fra. 10,800,000

Working fund provided" by THE BANQUE INDUSTRIELLE| DE CHINEL

Paris:

Frs. 50,000,000,

“BANKERS:

Dociate Generale, Nationale de Credit Banque de Paris et des Pays-Bas, London: Midland Bank, Ltd. New York: Irving Bank Columbia Trust

Ca.

Every 'description of Banking G Exchange Business transacted, Corren pondents throughout the world.

K. FITZ-HENEY,

Manager.

10th November, 1924)

THE BANK OF TAIWAN, LTIJ (Taiwan Ginko.)

Incorporated by Special Imparia? Charter, 1899.

Capital Subscribed. Capital (Paid-up) · Reserve Fund

Ten 60,000,000 .Yes 52,500,000. Yan 12,980,00€

HEAD OFFICE:: TAIPEH, FORMOJA.

BRANCHES:

Yokohama, Koža,

JAPAN—Tokyo,

Darka, Moji

FORMOS-Giran, Bag!, Karmalis,

Keelung, Makang, Nanto, Pina Shinchiku, Taichu, Tainan, Takow Tamaul, Tobyen, Ako.

CHINA-Shanghai, Hankew, Kinkiams.

Amey, Foochow, Swatow, Canton OTHERS. Bangkok, Hongkong, Binge-

роко,

Soerabays, Samareng Batavia, Bambay, London, Nei York.

LONDON BANKERS: London County Westminatay and Pari's Bank.

The Bank has Coreneßdidents in the Commirols Centene in the Europaša Cratlarak, Egeria, Man cheris Tsingtao, Japan, Indo-China, Gao, Zodia Philippius Lalande, farm, and. Dusch India, Aust -zalla, America, Alilon, de,

Interest allowed on Garment Account, and Flush Dapodia at ratse which will be quoted an applica ton,

Ź. YAMAMOTO, Manager.

3

HONGKONG BRANCH,

8, Dee Van Boad Central, Hongkong, 5th June, 1924

THE BANK OF CHINA- 行銀國中

(Specially Authorised by Presidential Mandate of the Republic of China on the Mând of November, 1917).

Authorised Capital $60,000 FOR AN Fald-up Capital

Reserve Fund KLIKKEKOR

$18,375,600.

HEAD OFFICE: PEKINE.

HONGKONG BRANCH. QUEEN'S EOAD CENTRAK Branches and Sub-branches all orni Chirs and Correspondents" in Duops, Amerion, and other parts of the warde London Bankers: The National Provis cial and Union Bank of England, Lall, 1,250,000 The Guaranty Trust Company, of New

£3,000,000

$1,800,000

1,000,000

The Bank of Magiana) Midland Bank, Lád

*BRANCHES

Bewry deportation of Banking, već

York

NewYork Bankers:–—– The... KIVING

STRER DAMNAEST="TYLUST-CODEPILITY

Interest allowed on Cun and Fixed Deposita; Terme

ption of Ben

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