Page
HONGKONG & SHANGHAI
BANKING CORPORATION,
AEAD OFFICE: HONGKONG.. AUTHORISED CAPITAL...... $50,000,000. INSTED AND FULLY PAID UP $20,000,000 RESERVE BUNDS 1—
STERLING... & 4,500,000 SILVER...... $28,000,000
$20,000,000
REZERVY LIABILITY OF }
PROPRIETORE....com)
COURT OF DIRECTORS:
→. M. Young, Esjunar H.P. White, Beq-Depały Chairman.
B. D. F. Balth, Esq. W. EL. Bell, Esq.
Hoa. Mr. A. O. Lang. W. Pandan, Baş. A. H. Compion, Req.3.A. Plummer, liq. Hon Mr. P.H. Holyoak T. 4. Well, Bea
CHIEF MANAGER:
A. H. BARLOW, Esq. Manager: Shangbal—Q. M. STITT, E
LONDON BANKLĖS. Westminster Bank, Ltd.
-
CURRENT ACCOUNTS opened to LODAL CURRENCY aud FIXED
DEPOSITS received for one year or shorter periods in Local Currency and Sterling on terms which will be quoted De application.
Hongkong, Slat F-bruary, 815.
HONGKONG SAVINGS BANK
מין
COMMERCE
AND FINANCE.
BANK RATE RAISED.
w
POSSIBLE EFFECT ON COST OF LIVING.
LAOU KUNG MOW.
COTTON MILL CO TO BE LIQUIDATED.
"
THE CHINA MAIL.
TASMANIAN FRUIT.
ESTIMATES FOR CURRENT SEASON.
Hobart, February 3.-The Gov ernment statistician has issued a forecast of the apple and pear crop for the current season, He polots out that last year the apple crop Writing on March 6, a Home An extraordinary resolution
was particularly bad-the worst finance writer sald:The Bank providing that the Laou Kung since 1917.13.
This year most Rats was raised from 4 to 5 per Mow Cotton Spinning and Weav districts show considerable im cent. by the directors of the Banking Co. Ltd be wound up voluntari-provement, particularly the Huon of England at their weekly meetly, was passed at an extraordinary and Port Cygnet, two of the Ing yesterday.
general meeting of the Company highest producing areas, which As a result the joint stock banks held at the offices of the general are 60 per cent better than last increased the rate for money on managers, Messrs. Ilbert and Co, year Pears, on the other hand, deposit from 2 to 3 per cent, while Shanghai.
are distinctly worse. discount houses pay 3 instead of 2 As a result of the above resolu-
Of the principal varieties of per cent. for money at call, and 34tion being passed it will be
apples the greatest improvement against 24 per cent, for money submitted for confirmation as a
special resolution at a future over last year is shown in New on short notice.
second extraordinary meeting Yorks. On the whole the market and it may be taken as a foregone able "Yorks" should be 80 per conclusion that it will be con- cent more than last year. Sturmera- also show considerable improve- firmed..
ment on the whole, and are 50 per better than last cent
year. Jonathans are almost uniformly the same as last year" Other varieties are returned as giving on the average 40 per cent more market- ! able apples,
One of the effects of the advance.writes our City Editor, may be a rise in the price of numerous articles of every day consumption.
Traders and manufacturers will endeavour to maintain the usual margin of profi, and as the addition to the Bank Rate will mean an Increase to a corresponding extent In the interest they pay on the loans necessary to finance business. this, where possible, will be passed on to the consumer.
Very close co-operation now exists in various branches of trade, and this facilitates an upward movement in both wholesale and
This, however, should not be considerable, and may not be possible where competition exists.
VHB banings of the above Bank is conducted by the HONGKONG AND SHANGHAI BANKING COR-retail prices. PORATION. Rules may be obtained
application. "INTEREST on deposits is calculated on the lowest balance during each com plated Calendar Month at 33 per cent. per annum. Should there be no balance on ay day in a month no interest will be allowed for that month.
Dopositors may "transfer at their option Balance of $100 or more to the HONGKONG & SHANGHAI BANK to be placed on FIXED DEPOSIT at CURRENT RATES.
For the Hoxexor & SHASH
BAXXING CORSUZATION, H. BARLOW,
Chior Manager
Hongkong, 7th January, 1995,
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.
INCORPORATED BY ROYAL CHARTER. 1858.
HEAD OFFICE: LONDON.
Paid-up Capital
Reserve Fund Reserve Lubility of Pre-
prit'ora
£3,000,000 .£4,000,000
...£3,000,000
FOREIGN EXCHANGE and General CURRENT ACCOUNTS opened and FIXED DEPOSITS received for 1 your or shorter period at rates which will be quoted on application.
A. H. FERGUSON, Manager: Hongkong, April 15, 1925,
-Banking business transacted.
READ OFFICE:
1
INTERNATIONAL REACTIONS. The movement; however, has a wider
aspect. It follows an advance in the rate for money in where the financial institutions are anxious to arrest the inflationary tendencies which have become apparent.
America,
The object in both countries is to secure ultimate stability in the level of prices in order to assist the return to the gold standard, and therefore improve the prospect of international trade.
The restoration of sterling to the gold basis should have the effect of reducing the fluctuation in prices and give a stimulus to exports with favourable effects on the volume of employment.
BROKERS AND GAMBLING.
TAX TO BE PAID ON SPECULATIONS.
Whether a cotton broker who buys and sells "futures" is liable whether the to income tax, or transactions should be classed purely as gambling on which no tax is payable, was the question raised before Mr. Justice Rowlatt in the King's Beach Division.
the
The Tax Commissioners had decided that Mr. Henry Stubbs, a Liverpool broker was not liable BANQUE DE L'INDO-CHINE. to pay sums of £1,982, £4,200 and
£4,302 for three years on ground that his transactions did not constitute carrying on a trade and must be classed as gambling .. An appeaf against this. Was made by the Crown, who held that Mr. Stubbs habitually carried out the transactions for profit in which he usually succeeded.
Mr. A. M. Latter, K.C., for Mr. Stubbs, said there were many things from which money might
26, Foulevard Hatemann, Paris. Aharibad Capital. Fr. 72,000,000 £ *Paid-Up Capital. ... Fr. 68,400,000.0
Raserre Funda... Fr. 59,067,283.54 BRANCHES
Balron Hongkong
Bangkok
Battamber
Олиод
Djibouti
Hilphong
Hakow
Kano
Mongtus
Nodine
Papoole
Paling
Prom-Penh Pondlubersy BANKERS:
Shanghal Singapor Timais. T Taarene Yusofa
IN FRANCE Campists National d'Escompt i Paris; Credit Lyonnels, Banque de Parb et Pays-Bas; Credit Industrielt Commercial togate Generale.
IN LONDON: The National Provincial a
...
Sixty-three thousand out of the eighty thousand shares in the company are held by Japanese, and the present indications are that the enterprise will pass out of British management.
THE MOTOR TRADE.
SITUATION AT HOME.
The opening weeks of the year have so far proved hopeful, and
The exportable surplus is esti- mated at something over 1,810,000 bushels of apples, an increase of 300,000 bushels over last year's exports, and 100,000 bushels of pears, or 30,000 bushels less.
APPLES.
EXCHANGE
Hongkong, 18th April 1925.
On Loddon
Bank Wire
*
On domand
p
1994 +1/3-1/16-
30 day's night... 4 months" "dight .30-3 Cendita 4 monthư sight .......*/*-- Documentary, 4 months night 1/4 On Paris-
On demand
· 1045. Credits, month!! sight .......1165'- On demand ... on New York-
On demand.
104.
Credits, 80 days sigh) On Bombay-
Wire On demand
one
Wire
+
On demand on. On Singapore-
On demand.. On Manila On Shanghal-
On demand.
On demand.
THURSDAY, APRIL 16, 1925.
VISITORS "AT HOTELS,
HONGKONG HOTEL
April 14 ..
M: D. Bookwith Mr. & Mrs. Wm. Mr. & Mrs. N. Higgins
Beale Mr. Boes
Mr Pean
ין
Mr. Mrs. A. &.
Ноглем
Mr Bon
Mr. V. Benjamin Mr. G. J. Johnston Mrs. E. E. Bellios Mr. J. E. John-
Mr. B. J. Birbeck
stone
Mia Jordan
Mr. D. Cappieman Mr F. Kaitlokel
Mr. J. G. O Keefs
Mr and Mrs W..
Mr and Mrs B. D Kreizer
Les HOTD
Mr J. durmuli
chure, D. that
Mr. J. H. Cook
Gry
181
Miss R. David
Mr. L. H. Davis
Mr. & Mr.
B..
王
Deacon
Mr. & Mrs. C.
Lauritsen
Mr. & Mrs. J.
Linderman
Miss H. Lillie
THE BANK OF BAST ASIA LIMITED.
KHAD OFFION, HONGKONG. -Authorized Capital.
A va
10,000,000.
$3,000,000,
Pald-up Capliki£8,000,000. Kosaryo Fund
DIRECTORS:
· Hot. Mr. Obow Shou. Sen-Chairman
Fung Ping Bhan
Li Koon Ubun
P. K. Kwok
Fong Wai Ting
Ng Ching Lok
Not Ching Kong
Wort Yun Tong
Hurah Tai
Ka Ying Po
Chan Ching, Shok
Every description of Banking and Exchange.
Basizom
tracted. Louane granted
*pproved murities..
Mr. C. W. O. Van Capt. & Mrs. A. W. —
Doraser"
J
$6
Miss M. Eccles
The
108)
Mr G. F. Flanger
FO
TH
.nom.
Mr A. B Fondlay
Mr. Mr.
A. H. A. Fong
30 days' sight (private paper): On Yokohama. On demand... Gold Leat, 100 Boo (per taal) 47 80 Sovereigns (Bank's buying rate): 8.64 * 81. 8/15 silver (per OR)
SUBSIDIARY ORENE. Hongkong 50 cent mb... 9 Y die.
21% die. B$% dle. Canton ootus
315.60% dis. Bar Silver in Hongkong 10%.pm. Chinese Copper Cash 10% pm. Ohiners Copper Cents i..
-8 pm Rate of Native Interest B-2 in 72 out. Ohinose Bab. Cole.9% din Hongkong Sab. Cola. % dia.
11
10
19
BAFK DEPOSIT BOXES ta let.
HAN TONG PO.
車
rbial Manager, "'
Horgkong, 16th February, 1928.
McKinley & child NEDERLANDSCHE_HANDEL
Miss Dorothy Met-
calt
Mr. C. Montagus
Mr. N. Murray
Mr. J. Nolanca
Mr. Frankland Mr. B. H. O'Farrel!
rother
Mrs. B. Gelard
Miss A I. Griffin
Mrü Oliivər
Mr. H. Peazñan
MR. H. Pipe
Mr. & Mrs. J. Gould Mr B. H. Perner
Dr. D. R. Gawler
Mr. G. E. Gibron
Mr. A. E. Rowe Mr, M. Radail
Mr. & Mrs. C. A. Mr V. G. Raskoy
Henderson **Mrs. En Sparkn
Mr. J. Scott Harn- Mr. & Mrs. A. D.
ton
Silas"& infant Mr. A. F. Henry Dr. H. F. Sommers Mr and Mrs H. K. Capt. L. Siquiland
Hallohildren Mr. & Mrs. In A.
Tobias: Capt. T. P. Hall* Mr. & Mrs. W. A.Mr. A. D. Taylor (
Hannibal
Mr. J. Thomson
|
MAATSCHAPPIJ.
(KREKKLANDT Trangen Hommerts)}
Zakon
RITAREEKSID 18. Howemon- BRANOn ExxazlikKdo X906,
Authorised Capital (3, 180,000,000 513,500,00 Pull-Up Caplin... 80,000,000 £ 6,866,679 Barr Fund 20,045,089 1,670,0 Special Reservm...G. 22,860,000 £ 1,888,100 HEAD OFFIUR :--Ämglerdam, EASTERN HEAD OFFICE:-Batavia, BRANCHES-
Bombay Okeribon Diamber The Hague Kobe Makarar
Bandermarin Baudoung Celutta.
Kota-Radja Padang B
Mia A. & F. Mr Tu midjan
Botterdam Capt. & Mrs. Walker Ringapom
Hamilton Mr. G. A. Harriman Mr. H. L. Wilson | k Mr. & Mrs. A.Hicks and boya. wr K.T Holdsworth Mr. and Mrr G Mr. C. E. Holmes Wooniner & fcbild
REPULSE BAY HOTEL.
April 11.
the hopefulness is based on an
CANADIAN CANNERIES, improvement in trade. The pre- sident of the Chamber of Com- A total of 1,003,672 barrels of It is understood that negotiations merce, himself in the industry, apples have been shipped to the of United States capitalists with a declars, there are more prospects English market from Hallfar,view to establishing three canneries thán actualities, but local produc- Nova Scotia, since the beginning of in Canada, one in the neighbour tion for both home and export the shipping season to February hood of Winnipeg, have advanced |
Mr & Mrs à F. VanMr Larrason goes on, with activity more marked 24. London, according to shipping to a stage where application has
Atdal & child Mr & Mrs E Land than in any period since the war. figures, with Imports to date of been made for a $1,000,000 Federal Mr & Mrs G. H, Mr & Mrs Mallgry 354,715 barrels. remains the charter. The name of the com-
G. Bannerman and child premier importing centre for pany will be Allied British Cap- Mr and Mrs A&.&. Mr and Mrs D. E Canadian apples. Liverpool comes neries and Distributors, Limited.
Carleton.
Morgan Dr & Mra Newton Mr Dannie next, with 267,823 barrels and It is proposed to erect one cannery Manchester third, with 172,685 in Quebec and another in British and Miss L.Mr & Mrs. Balenbelt
Ellio
Mrand Mra Sebjo b barrels.
Columbia.
Mr and Mrs Fred. Mr and Mrs
Eilis
Schryver
Costs of production, including wages and railway charges, are stated to be difficulties which make it impossible to compete suc cessfully overseas, and to some ex- tent in Britain also. These troubles are not lessened by the engineers' present demand for higher rates of pay. Mass production, where it can be worked, is accompanied by the exploration of all known avenues of economy.
The fact that one English com pany is establishing self in France is not a pleasant aspect from the British point of view..
A year of full production for Coventry would mean 35,000 cars, 800,000 engines apart om cars 200,000 magnetos. The realisation of anything like these figures must come from a few firms, and when
considered it is
that conditions, are much in the same proportion in other districts of the trade it does not need great prescience to see that Great Britain will not absorb all that can be offered.
The selling and actual delivery season commences shortly, follow-
The
LOCAL
SHARE
MARKET.
OFFICIAL QUOTATIONS.
APRIL 16, Namen
ank B.8.B.C.-T.T. on selling rate
P.&O. Back East Ada Bank
Union Insuraco
Fire Insurances
China Fire Lasaraque ... Hongkong Fire Insurance... #846 b. Shipping
Dong)BA***** H.K. Steamboats Rongkong Tum and Lighter Indo-Obinas (Pret:
ing a huge winter's work in a small number of factories. commercial side is endeavouring to make costs cover receipts. The
trade hopes that the Government will give it some protection and the railways some ease in freightage, but if these things are realised they cannot much affect sales through the
do. Motor cycles coming season. promise to keep up their output both at home and abroad, for the British article still holds the best fields. The section is able to show improvements in construc-
be derived, such as yacht-racingtion and a lowering of prices 100. for stakes, betting, and even cross- word puzzles. (Laughter)
LARGE AND CONTINUOUS. The judge said Mr. Stubba's
Dalia Bank of England, Lid, Comptoir | dealings were very large and very Autoanl Esoompie de Paris; Credit Lyonnise
IN NEW YORK J. P. Morgan & Co. continuous, and were spread over Freach Amerloan Banting Corporation; a great number of years, Aranty Trust Co. of New York,"
It seemed to him, if he were a
OIL FUEL FOR TUGS.
A number of tugs on the American coast are now burning oil fuel under especially those engaged on long! straightforward ocean tows. The
(Def.))
(F... Reg.).
Shell Transports
APRIL 1d. Sharabrokers' amoolation.
b. 4 29t
140
h. 758
* 2,9
b.
2.89, 3.90-83
T
Mr and Mrs P. M. Mr & Mrs Vander
Steen Bodgaon
Stephens
Mr and Mrs &. C.L. and
Koebler
Mas
Mr and Mrs J, N. Mr and Mrs E 0.
Parker
Woods
Mr and Ms B. J
Lacon
PEAK HOTEL
April 10.
Dr J. W. Anderson "MrG, 8 Hagh Jones Mr 8. A. Arthur Mr and Mrs A Mr & Mrs F. Austin Kennedy Miss E. R. Bally
Dr H Baloan
Miss G Kennedy Mr M. F. Key
Mr and Mrs T. G.Mr. and Mra E, B
Benost
Kil
Mr J. W. O, Bonner Mr & Mrs A. Lane Mr. Bonfield Mr and Mrs-8-B. Mr and Mrs P. W. · Langston
Blackwell
Hr E. Arsen
Mr W. H. Bourns Mr and Mrs G. D. Mr H. J. Freon
Col & Mrs C. Russell Miss Loys ́
Browa
Major A, B.-Little- Miss P. W. Brown jożna
Mr and Mrs B. L. Mr. M. B. Lloyd
Bridger
Mr JD Lloyd
Mfr 8. D. Carothers Mr W. H. Look Capt. & Mrs J. O. Mr and Mrs W.
Carpenter.
MrB.E. Oleland
ii M.Cooper
Logan
Mre 3. Meansh
Mr R. Mallar
Mes I E. Cormack Mr E. A. MUI's
Me and Mrs. W. A. Mr E. E. Mimmsok
Cornell
Mrs C. L. Morne
Mr and Mrs J. D. Miss M. W. Nawy,
Danby
Lt-Col. & A. Dob- Mr.W Ogden
II A.M.
Stock Exchan
3/3 #73) and co Shanghai Hongkong Banks 1130] London-218) n
bartered Bank
-Bilib. 1219 b.
$100
London
#724
'Ba 1130
***
·b. 281-1/4.
b. Bi
. 100
Marcantile Bank A B 228-1 b. do. ด £18-1/8-b. do Warine InsurancOS
b 0"131
Canton Insurano8.4. North China Insursnos
756 h
140 D
$971
Insurance Teagtere
$45 h.
b 45
China Undin
$ 1,80 sa
...
210 b.
b. 200
663
15
a. 51
** 0.97) ¤
$1. #38 n.
$120 n.
110
6301
b. 4.34
11.
98
bolme
120
h
85/- 0.
P 83/.
Mr T. E. Ollerton
-87 n
b 87
Mrs N. U Donald
Me A. H. Pop
$17-14 5
0.10.10
fr and Mrs H.
Edwarda
R.MA. Frismall
$255.
a 155
* 66
b di
170
63 a
1581.n
'17 6
Comb. 8:6) b
b. 201
6 a ét
b. 11-1/2
1.30 n
-58f. b.
P. 1.80 b
191 h
k. 1993 as 199-194
**
TH
#191 D T176.b 1281-7
K
b 117-1/'sa 117-120 m. 198 2. Di
$103 b.
++
80 Centa . #58 625.95) an ... · |_ 20-1/2 (b
424
***
Star Forries Water-bosta ... Oriental Nav. Co. Rafineries
China Sugar. Malabon Bugar Wining
Kallan Mining Adm.
Langkata.......
J
Shanghai LosADI 97 1. Angle Langkata B'hal Explorations... 18 h
1
TH
falert allowed on Current Accounts and judge of fact, that nothing could desirability of the change has pocks. Wharyen, Gadowas, &c.
be clearer than that he was carry Fired Deposits according to arrangement.
Every description of Banking and Exobanging on a trade or business. The Jasinos transacted.
difficulty was on the point of law involved.
A. LECOT,
Manager Hongkong, March 20, 1994.
THE YOKOHAMA SPECIE BANK, LTD.
Established 1980,
Capital (fully paid-up) Yan 100,000,000 Kaserva Fund uscares
Yan 80,500,000
Head Ones-YOKOHAMA,
Branches and Agencies at:
Newchwang. New York.
Batavia. Bombay.
Buenos Ayx60.
loutta
Changchun.
Osaka. Peking. Rangoon Rio de Janeiro. Fanation (Mukden). Saigon.
Dafres (Dalny).
Hamburg,
Markow.
Harbin
Honolulu.
Kal Yoon,
London.
Los Angeles.-
Eyona
Manila
Надста
San Francisco, Seattle. Shanghai. Bhimonoseki Singapors. Boerabaya.. Sydney. Tientsin
1 Tokyo.
Trinanfu. Tringtan Vivostock.
„GARIMA,
Manager.
He thought the Commissioners had given the wrong name to a state of facts which in law amount ed to something else.
The appeal would be allowed.
FLOUR.
Baube their boilers,
Tronah Hines Ural Casp... Benguet Con...
B. & R. Wharfs H. & W. Dock S'ha! Docks Few Engineerings H.E. Engineerings. Shanghai Rongkows Lands,
Hotels & Boldings, HAK
Hotels $15.15 b Row
been questioned. British tug} owners, In particular, prefer to stick to coal, although certain Continental owners have trans-
ferred.
The big United States Shipping Board Moositauka has been bought by private owners and is now being converted to oil fuel, so that, as the Shipping Board has kept a most careful record of her performances under coal it is possible that we will have some definite comparative figures to work on in the near future. Meanwhile other New York owners are experimenting with Diesel tuga, especially for the long barge tows which are a great part of the trade of the. port.
Prospects are "excellent for a busy season during 1925 for the Canadian milling industry, Flour was exported to 44 different coon- tries during January, no less than 347,226 barrels having gone to Russia alone. The next heaviest buyer wrs Great Britain, with 233,346 barrels, followed by Ger. many with 89.310 barrels, Greece took 18,408 barreis; "Denmark, 14.706; China, 16778; the Irish- Free State, 14,889, and Jamaica,
The "Financial and Commercial 13,485 barrels. During the twelve months ending January exports Review, 1924, which has just been of four were 11,300,000 barrels, published by the Swiss Bank Cor or 75,000 more than for the pre;poration, is a very ably compiled coding year.
BIG RAILWAY FIGURES,
SWISS BANK CORPORATION'S
ANNUAL REVIEW.
Hongkong Landa.... Humphreys Estates Kowloon Lands Princes Building... B.K. Realty H.L. Ferritorials Rural Land's... Cotton Mills.
Ero
$150
94-19 b
13 90 n.
$10
Mr and Mrs B. R.
Mr and Mrs W. A. Remington
FastBoo
Lt. Col. F. G. Fitz
Mr R K Farrell
Gerald
Mr A. Ritobe
E. Col.
Banders
Mrs 0.
Mr & Mrs TAG.Boott
My D. FitzGerald Me B P. Rhaw
Mr A Forbes Miu M. Forbes MR. J. W. Foster Miss G. Fothergill Me and Mrs F. P.
Franklin
Lt. E. C. Frederick
Mie F. Bilan Mr and Mrs. T. F. |
White Faith Mrs & Miss G. R
Stablings
Mr and Mrs E. F. L.
Stardee
Mr. and Mrs W. D.Mr O. P. Stardee
Goodfallaw
Mr and Mrs Geo. W.He J. S. Thomson
Kr and Mrs B. A. Miss Thwaites-
Mr J. A. Tart of
Grey
MrkMrs O.Thwaites
Hale
Miss M. B. Hal
Mr J. B. Sawkar
Hawker
Mr A, W.. Tickle
and Mr H. Mr and Men W. F. Capt. E 7. Walter
Capt. A. Watts
(b. 18.30 a 16,40) 48 New Mr G. M. Hems Mr HA Weller
b. 70 Gemb
bis 96.
手
160
Worth
+
Lt-Comdr. G. F Bliss O. Willmott
Hola
Mr H. Howell
Lt. AJ L.Whyte
Mr and Mrs F. JJ,
Wood
Mr T. L. Janking Mr G. C. Worall". Hi, O. 0. Joskin"
b. 4.40
n. 4-1/3
+4
b 11.00 12 4 11.85
FOR
7. 391b.
.b 8.60
T 60 b. Naw 834-1/2 b.
a. 60 Now 33 .
> Cotton Mills, Ltd: Kang Yik Laon Kung Mow.... Oriental...
Shanghal Cotton ... Yangiszapoce.. Wisosllaneous.
Cessier
$11 b. New
Demente "Combined #81) 5 212319] an Ohins Lights (Old)
do (New) $19 b. Comh 217
China Providenie #16) 'n' New Y¢i 'n. C. P. Providente Combined
Dairy Farme
'HK. Elantrios
da
Hongkong
and
Canton Too
950 n. 0. P.
978-1/2 b €68.b..
$ 45 n
Pons cont open. 102 Năm 2010 B
hopes om sined... Hongkong Tramways. Peak Tramways (Did). (New)
production. In the financial section is included a survey of trade and industry in 1924, and the question of Germany and reparations is dealt "This year the railway com- with. In the course of a study of Interact allowed on Current Accounts. Deposits rozived for fixed periods at panies of Great Britain will cele. currencies and exchanges a return auben te be obtained on application brate the hundredth anniversary to the gold standard is advocated. of railway construction in this The commercial section of the ro plopeor country," said Col. Wilfrid View deals with the production Ashley, Minister of Transport and prices of the principal raw British railway companies, emusterials affecting International played over 700,000 persons, and isckets. The fluctuations of the the net Income of the companies principit exchanges during 1924, in WAS OVDE E51,000,000. Other figures per cent above or below parity, are Obins Bu
Singanom shown jo, graphical form,, sndoa] pan
Hongkong, 11th March, 1926,
FINE JEWELLERY
All of
Respir, di Fredding Rings
WINDSOR BROS. A Wo. 56 Wathon Mood! Howloom.
of special interest were further supplementary table' shows * Railways carried in 1923 nearly 1.772.400,000 persons, representing the economic development of the 230,000,000 more than in 1913, and nine leading countries of the
transported world by comparing Abe, statistics?
of 1913 with those of 1923.
Do Watch Wm Powells Jane Om fords.
Usaton Loos
Constration Mangang Sinonred
#48 b
KNOW BEFORE YOU
ASK."
Medan
Palembang. Realcongam „Pontianak, Bangoon
Semarang
Shanghai
Bourbain Surakarta (Bole
Weltevreden
LONDON BANTER8 (- National Provincial Bank Ltd. Correpondenta ali over the world.
BANKING BUSINESS' OF EVERY DESCRIPTION.
W. H. GROSKAMP
Agent
Hoogkong November 4, 1924.
司公理管案實法中
SOCIETE FRANCAISE DE GERANCE
DE LA BANQUE INDUSTRIELLE ĐE OUTGE
ETABLISSEMENT FRANCO CHINOR.
(Incorporated. in France),
5. Chater Road, Victoria, Hongkoną,
HEAD OFFICE: 74, Rus St. Lazangi. Paris.
Subscribed Capital fully
paid-up Reserve Fund
Fr. 10,000,000 Fra. 10,800.02)
Working fand provided by THE BANQUE INDUSTRIELLS
Paris:
DE CHINE.
Fr. 50,000,000.
BANKERS:
Societe Generals,
BAS
Banque
Nationale de Credit. Paris et des Pays-Bas, London: Midland Bank, Ltd. New York: Irving Bank Columbia Trai
Co.
Every description of Banking all- Bachangs Business transacted. Corrali pondenta throughout the world.
‚M, FITZ-HENEY,
Manager. 10th November, 1924.
THE BANK OF TAIWAN, LTIL (Taiwan Ginko.)
Incorporated by, Special Imperial Charter, 1899.
Capital Subscribed
Yen 60,000,00€ Capital (Faid-up) ......Yen 52,500,00 Reserve Fund Ten 12,280,00
HEAD OFFICE: TAIPEH, FORMOSA.
Er
BRANCHES:
JAPAN-Tokyo, Yokohama,
Osaka, Möjl
FORMOSE Giran, Kagi, Karenki, Telung, Making, Nauto, Plaam, Bbinebilen, Taichu, Tainan, Takow, Tament, Tohyan, Ako.
CHINA, Shanghai, Hankow; Kinkkia
Amoy, Foochow, Swatów, Canton, OTHERS,—Bangkok, Hongkong, Bingw pore, Bourabaya, Bamaraan Batavia, Bombay,-London, New York.
LONDON BANKERS: London County Westminster and Parr's Bank;
* The Bank hau Corræpondents in the Cominëerat« Centres in the European Continent, Bunday KAN obreria Tangrao, Japan, Tudo-Guias, sizes, Indian, Philippine folanda, Jara, and Down Indles, AW maila, Martos, Aztlan ke,
sion.
laterous allowed on Current á 000mm), and Fixad Papodtonicaine which will be quoted vù agglím
Z. YAMAMOTO, Manager.
HONGKONG BRANCE,
‚3, Das Vorax Road Central. Hongkong, Sth June, 1924.
THE BANK OF CHINA- 行銀國中
(pcially Authorised by Presidential
Sir Walter Schwabe, K.C lecturing on "Cross-Examination" to the Solicitors Managing Clerks Association in the Inter Temple Hall, said that cross-examination. was a dangerous weapon and Authorisad Capital 1 $60,000′008.8 be dearly Paid-up Capital no. 328,378,628 4 experience could (New k. 16 Comb 6 38) •-1 bought. The rules he suggested
(h. 19.10 New ¤. 3 (Gamb. sa 22 22,1,0
(b. 18 New 144 ¤ E. P.
| Cornb. & 46-1/I F. P.
b.10.20
b65-1/2 cm 65
↳ 163 Mom 10 b b. 48
b.40 m 40
b New 14 n.
(n 23 Now n 16
•
b
84-b
12.1 B
*$13, 12, 16 an
for cross-examination were: Ask nothing without a definite object,: and
A
• fändete of the Republic of. CLEMA ́en the kind of November, 1917),
Sure Funds § 9,639,636.
HEAD OFFICE: PEKING.
* HONGKONG BRANCEL
QUEEN'S ROAD CENTRAL
never ask a... question without knowing what the answer will be. In India it had become the practice to find out in "cross-
↑ Branches and Sub-branches all oral ́examination what the witness's China and Correspondents in Maropas motive, was for giving evidence. In: Amexion, and other parts of the world.g one case before him in India, a London Bankers The National Provis tijela) and Union. Bank of England, TAL witness was asked, "Are you the The Guaranty Trust Company of New son-in-law. "of the plaintiff's
wwxrernat uncle's second wife? Het MenYork: was trying to work out the relations Nations Bank Sig
The Equitable Trust Company Mi ship when the witness answered. "No." (Lighter), Mr. Commis sioner Karr, who sat at the City of London Court, said on "one occa. alon, David, in his baste, i said, that all men are 1fars; I have: sit here for forty years and I say it at my leisure. (Laughter, Mr. Justice MeCardio, prosided at the
•lecture Luca