Page

HONGKONG BHANGHAI

BANKING CORPORATION,

HEAD OFFICE: HONGKONG,

AUTHORIST CANTAL

COMMERCE AND

$50,000,000 THE ELUSIVE SOVEREIGN.

`LIKUMD AND FULLY PAID UP $20,000,000

Beeeve FuNDA J

STELLING... 24,500,000+

SILVER...... $26,500,000 BBERY LIABILITY OF

PROFRIETOKS...cùamf

$20,000,000

COURT OF DIRECTORS:

G. K. Young, Esq-Chairman.

H. F. White, Ray-Deputy Chairman.

W. II. Boil, Eq

D. G. M. Lerner,

AH. Compton, Bag,

Hon. Mr. A. (1. Lang. W. Fattends Req. F. A. Plampsey, Brg Hon. Mr. P.H. Holyoaki T. G. Waall, Maq.

CHIEF MANAGER !

A. EL BARLOW, Esq.

TO BE FOUND EVERYWHERE. EXCIPT IN BRITAIN.

OUR EXPORT OF GOLD.

FINANCE

CANADIAN TRAD

SOMB INTERESTINO,

HE CHINA MAIL.

RED LIGHTS.

WORLD THEATRE ATTRACTION.

Manager: Shanghai-G, B. STTTT, Esq. reality, During the last five years show increased acreage this including Bymond Griffith, Marle

wwwwww

LONDON BANHERS. Westminster Bank, Ltd CURRENT ACCOUNTS opened in LOCAL CURRENCY and FIXED DEPOSITS received for one year or shorter periods in Local Currency and Bterling on terms which will be quoted

application.

Hongkong, May 20,1315.

a total d about 303 millions. The grater part of this, no less than 177 millions, went to the United Sates to pay our debts. the rest, millions were shipped HONGKONG SAVINGS BANK to India which always make

heavy demand on our resourcá

1121 ji business of the above Bank is conducted by the HONGKONG

pa application...

TH AND SHANGHAI BANKING COR PORATION. Bulas may be obtained INTEREST on deposits is "calculated on the lowest balance, during each com- ploted Calendar Month at 3 per cent per annum. Should there be no balance on any day in a month no interest will be allowed for that month.

£50,000 ESTATE

KING DECENES A BIG

BEGUEST

The Countess left estate in her

Buro (but without oarecune say trust in the

tter) that he may

this estate and effecte

Regnore it tipkeep së a Toskenog in Wales for the England and the Prince of Wales for the time being.

The will went on lo state that

1

&

is Majesty has declaimed all

interest it..

In addition to family bequests, there are many legacies and

HEAD

Authorised Capital Pak-up Capital Reserve Fund 457008

DIRECTORS:

Hon. Mr. Chow Shou Bon Chairman, Fung Ping Shan Hok Ching Kong

Lock Chun Wong Yan Ton

F. E Kwok T, Huynh Tab

Ne Ching Bak Kan Yine Po

Pong Wah Ting Chess Ching Shall

Ezolange business transacted. Loam granted on approved securities..

SAFE DEPOSIT BOXES to Zell

KAN TONG PO,

Chiat Manager. Hongkong, 10th February, 1925.

NEDERLANDSCHE HANDEL MAATSCHAPPIJ.

(NetherlandS TRADING SOCIETT.)

Homeware: BraMOK TITANSHDI. 1908,"

One of the greatest mystery -The late, Countess of Dundonald, plays of the year was "The Roar of Gwyrch Castle, Abergele, Casy by Edward Ross Majestie Denbigh, and Codogna-sq., 9.W.. should the bequest fail "by dis -Crop ran for long partod at the Winnipeg, Manierovinces Theatre in Los Angeles with wife of the twelfth Earl, whose affects and legacy were to be held "claimer or otherwise," the estate, acreage in the westly less than Richard Bennett in the role of will was published recently, be-in-trust for the use and benefit of this year will be al

to the first crine deflector.” It was so BUC-- Many people who read Mr. weekly crop

weekly crosssued by the ces that it was immediately queathed practically the whole of the Order of St. John as a priory Churchill's statement that the Act Canadian Palekallway. Accord-taken bast Many were of the the Castle, estate and £80,000 to for residential and administrative

Order, the money to be used as prohibiting the export of gold coining to prelim Stures Minito option that it was the best mystery the King. His Majesty, however, purposes in connection with they description of Banking will or bullion was to be repealed may ba will owdbox 2,643,000 keres play since "The Bat*. The "disclaimed" the bequest, and as capital sam for upkeep. be under the impression that gold this year, tchewen, 8,551,183, Goldwyn company made the sareen a result it reverts to the Order of The will confalns" a note that has not bee exported from Britala and Albee 393,62 mich soared Lights as the free pece St. John of Jerusalem; of which

1919 then Act was passed, total: 73,919,872, com- says the Daily Chronicle

parez le 14,153,905 to 1923, slon la called, and has in the east she was a Lady of Grace, her Nothing could be further from Satcheyan is the only province many of the acroen's best artists

own disposition valued at £202,800 annuities to servants and employees. gold has been among the chief your New breaking and summer | Provost, “Je any - "Walker, Alice with pot personalty £187,662. Her exports this country, unde fallow in that province romain Lake and hors. Raymond Grif- will, dated May 8, 1929, was lately The Countess loft the residue of her Government licence.

about pie same as last year. Fall fith arms the role of the crime the subject of an action, in which estate for a Hesketh Memorial In 1920 re exported 924 villion ploupling, however, shows a con- - deflector.

Mr. Justice Horridge pronounced Fund," to be held in perpetuity as pounds' worth of gold; in 921, 59 siceable increase, amounting to millions: in 1922, early 15 2.83454, compared with 81,128 coming to, the World Theatre on bulk of the disposable estate goes income from which is to be applied InRed Lights" which is for its force and validity. The distinct endowment fund, the millions; 1913, over37 millions; In 923 and last par, close p: 50 millions Toronto, Ontario.—The construc»

Wednesday next for a four days to chanty, and the Church in as follows.c

$1,000 per annum, free of, in- for of the Ontarlo Hydro Electric keep a tease, dterest throughout,

run, the mysterious complications Wales,

Among many bequests and direc-come-tax, to augment the emolu-Authored Capital 6,180,000,000 223 800,000. Commission's proposed steam.

ments of the Archbishopric of Paid-Dp Capital... 80,000,000 88-666,07 auxillary power, coking and heat-and hold, the audience in a state of tions, were the following:-

suspenie tntil the very last scene. ing plant will be proceeded with During Juction of the stage as a trifling token of his unfailing

£600 to the Archbishop of Wales Wales while held by the present and 20,045,081 £1,070,411

Apsofal Baseras,,,GF, 22,880,000 8o1,388,230| Archbishop.

HEAD OFFICE-Ansterdam, this summer, according to 'an

of the audience care of my affaire during many play

FASTREN: HEAD OFFIOR :—PSiaria. opinion expressed by Faster, of this city. It is proposeding altuation. The screen version money in any way he thought it as Mayor shrieked fu rasped at the thrill-years' requesting him to use the

· ERANGERS :- Bandfermamein. Bandowas at this plant to develop 100,000 - Red Light promises to present a memorial of her

Daley the horsepower of electricity.. โด

much more of a thrill as the differ £1,000 to bar trustees income, addition the plant will produce entsces can be made more nection with her burial and the 13,500,000 cubic feet of gas, and realisterian they could possibly action of a memorial or memoriala coal to the amount of 930 tons have on the stage.

The to her. carbonized daily would produce greater part of the action transpires coke to the amount of 1,353 tons in the rag car of the Continental Chulle estaremte, for and Up to three acres of Gwyrch day. As it is estimated the plant Limited. would use 500,000 tons of coal u

£5,000 for the erection and endow ment of alma houses, to be known year, this would mean 493,345 tons of coke a year, or a little more

"Have you heard about 29 the Winifred Bamford-Hesketh than half of Toronto's domestic Smithson?" asked Jones. demand of anthracite per annum. what's up? Why, they have Edmonton, Alberta-Acquiring taken his appendix away. the tract of 200,000 acres of land "Great heavens! Why on earth holdings of the Western Canada didn't he have it in his wife's Land Company, originally pur chased from the Canadian Pacific name, and then they couldn't have Railway, the British Land Settle-

touched. ment Corporation plans a great colonization scheme for, central: and northern Alberta. The lands in question stretch across the. province north of Edmonton from the district north of Vermilion to Wasamum. It is intended to bringi out large groups of immigrants, who will receive Anancial assistance,

ITS ORIGIN..

Whence comes the goldhich we scattor so freely / Mainly from South Africa; the greater part from the Transvas though Rhodesia is a steady e-tributor of about £2,000,000 a yer. And there are windfalls unex-ained in the example, official returns. France sent us £710799 in 1920.

But on baland we have parted Depositors may transfer at their with nearly grmillions of gold in opior Balance of 8100 or more to the the last five ears, and it is console HONGKONG & SHANGHAI BANKing to knot from the Chancellor be placed on FIXED DEPOSIT ar of the Exequer that our accumu, lated recrve is as high as 153 CURRENT RATES.

Fot. the 6ONG & SANGHAE Baking CorpMATION, A. HARLOW,

tet Manager, Hongkong 7th Jary; 1925.

million

Ratur a change has come over the cene during the first three morhs of the present year. We hae exported £1,636,685 in gold and imported £8,542.548. But of the imports the surprising thing is ARTERED BANK OF that £4.246,000 come from the INJ, AUSTRALIA & CHINA | United States.

THE

INCORPORATED BY ROYAL

Charter, 1853.

HEAD OFFICE: LONDON.

Paid-up Capital

Reserva Fund

Reserve Liability of Pro-

prietors

£3,000,000

£4,000,000

£3,000,000

FOREIGN EXCHANGE and General Banking business transacted.

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

A

AL FERGUSON, Manager Hongkong, April 15, 1925,-

There is another interesting feature about the Board of Trade Retros. At the end of last year we exported over £2,000,000 in gold bars to Russia,» the first trassaction of the kind for a very } long time..

FAMILIAR COIN. Already this year we have stat | another £343,111 in gold bullion to Russia. Russia is a large place, ard it is not all under the Sorlet Government, so probably thers is a simple explanation.

|

Victoria, British Columbia.- Official figures relating to the 1924 mineral production in British Columbia show that the outpitt totalled $48.621,097, an Increase over 1923 of $7.316,777, or 17 6 per cent.. Placer gold production in 1924 amounted to 21,037 ounces; lode gold, 233,142 ounces; silver, 8,341,169 ounces; copper, 64.393 pounds; lead, 170,384.451 pounds; sing, 79.130 970 pounds.

There is, at any rate, no la dication in the imports of any Bolshevik gold coing to this

Vancouver, British Columbia. country in a solid förh,

Expenditure of a sun in the Travellers tell us that Great neighbourhood of $1,000,000 in the BANQUE DE L'INDO-CHINE. Britain is about the only place in rearrangement of the local plant of the world now in which it is dif- the Vancouver Lumber Company, HEAD OFFICE:

cult to come by an English Limited, and in practically doubl 66, Boulevard Hatesman, Paris, sovereign. We have been broad-ing the capacity of the mill, is to Bubscribed Capital. Frs. 72,000,000.00 casting them for a long time past. be made following the purchase of Paid-Up Capital ...Frs. 68,400,000.00 Should you travel in Albania, you that concern by a syndicate of Reserve Fand......., Fra. 59,067,289.54 will had the sovereign well re- American lumber men.

presented in the

much Balgor mixed coinage of that country. Shanghai Bingapore Among the Arabe on the shores of Titi the Red Sea the sovereign is a Touris familiar and highly prized coin. lbs. Yunnanfa

Already this year two and a half millions have gone to India.

Bangkok Destambene Denton

Djibouti

Gaikow Hano!

لام

Jociete Generale.

BRANCHES:

Hoerkong

Mart

NOUTHA

Paponic

Paying Pamm Penh

Pondichery BANKERS!

very

IN FRANCE: Comploi: National d'Escompte. It is, perhaps, the best advertise- Parin; Credit Lyonns; Banque de Parisement this country could. have, for Pays-Bes; Credit Industrial et Commercial the sovereign is always "worth IN LONDON: The Nations! Provincial & its weight, la gold "and can now Casa Beak of England, Ltd.; Camptol hold its head up, even in the com Salonal d'Empte de Paris; Crodit Lyonnais pany of dollars.

IN NEW YORK: J. P. Morgan & Co.

Prach American Banking Corporation;

Gaaranty Trust Co. of New York.

int great allowed on Current Accconta and

Fixed Depɔalta secording in arrangement

Hvery description of Backing and Exchange" Bus'nem transacted.

'A. LECOT,

Manager. Hongkong, March 20, 1924

THE YOKOHAMA SPECIE

BANK, LTD.

Established 1880.-

Capital (fall paid-up). Yen 100,000,000 Reserve Fund....

Yen 80,500,000

Head Office:-YOKOHAMA.'

Branches and Agencies at:

Batavia.

Bombay. Buenos Ayres.

Calcutta.

Changchun.

Dairen (Dalny).

Nowchwang New York Osaka. Peking. Rangoon. Rio de Janeiro.

Fengtien (Mukden). Saison.

Hamburg.

Hankow.

Harbin

Honolulu.

Xxl Yuen.

Koba

London.

Los Angeles.

Lyons,

Hanila.

Nagasaki,

San Francisco. Seattle.

Shanghai.

Shimonozeich Singapore. Socrabaya. Sydney, Tientaln.

Tokyo, Tsinanfu.

Tsingtau. Vladivostock.

Nagoya.

Interest allowed on Current Accounts. Deposits received for fixed periods at rates to be obtained sa application...

C. ARIMA,

Manager. Hongkong, 11th March, 1995,

BANK OWNERS.

MR. RUNCIMAN ON THE DANGERS

OF NATIONALISATION.

"Those who are conducting the campaign in favour of what they call nationalising the banks should understand that the banks are owned, not by a few rich men, but by

an immense number

of individual shareholders, and that the average holding is re- markably small."

This is a passage from a letter Walter Runciman, which Mr. director of the Westminster Bank, has sent to "The Daily Chronicle, with reference to pro- posals at the recent LLP. con- ference for the nationalisation of the banks.

Mr. Runciman gives the fol lowing figures of five big banks

Barclays-Capital, £15,592,372; 51.011 shareholders; average holding, £306.

APRILRUBBER RETURNS! Amalgamated. Malay. - 29,362

Balad-13.700 lbs. Bukit Kepong.-9.728 lbs.

Bedtord Plantations.-6.331 lbs. Bernam Perak.-15.525 lbs. Booklands.49,000 lbs.

Beranang-39.142 lbs.

Borelli-13,310 lbs.

Chembong21,974 lbs.

Cheras.-20,200 lbs.

Connemara.-7,587 lbs.

Equatorial.-21.050 lbs.

Fosbre.-5.643 Ths.

Glenshiel.-14.841 lbs.

Glenealy. 15,057-lbs. Hayior.-8.833 lbs.

Hillise Tapping suspended. Kamasan 13,750 1ha Kepong Malay.-48,584 Ibs. Kong Sang2,238 lbs. Labuan Bileb. 4,395 lbs.: New Serendah.-13,440 lbs. Rassak-4.170 lbs. Reyland-Tapping suspended, Ratanui-21.530 lbs. Sapong-67,000 lbs. St. Heller.5,650 lbs. Sungei Purun. 25,600 lbs. Sungei Ramal.-9.530 lbs. Semenyih.18,500 lbs. Trolak.-10,829 lbs. Utan Simpan.-20,220 lbs. Waterfall.-82,000 lbs..

ALLENBY.

The directors of Allenby Rubber Co., in their report for the twelve

Lloyds Pald-up capital, £14-months ended February 28, last 372.956; 55.668 shareholders: state that the net profit for the average bolding; £258.

period after making dae provision

National Provincial.-Paid-up capital, £9.479,415 41,603 share holders; average. £225.

Westminster. Paid-up capital, £9,051,718; 69,882 shareholder; average, £130.

Midland. Paid-up capital, for depreciation was $44,255.38, to £11,976.890; 57.250 shareholders; which has to be added the balance average, £209,

of $26,756 65 brought forward from last account making a total of $71,012.03. After deducting the interim dividend of 5 per cent. paid on January 10, 1925, there. remains a balance of $55.308.74 available as at February 28, 1935 Total paid-up capital of the five The directors recommend that a banks, £60,463,352; amount of final dividend of 10 per cent. average holding of the 275414 be paid for the year, absorbing holderi. £219, SEA 900 $31,40558 The total distribution

Mr. Runciman adds that one of 75 per cent, is very effect of nationalising these banks more than the proft earned

woold be, to buy out the tens of with improved.

boosunda of shareholders, and redemption of

sfer control by expert Enancial folly provi

10: control by politicians feel quit

ses, which might slight)

+

poor "No.

almobouses.

Castle estate and such of her effects The balance of the Gwyrchi

der anitable for the purpose and there as her trustees should conai £50,000 upon trust for His Majesty the King of England as part of his private estate, and expressing the

LOCAL SHARE MARKET,

QUOTATIONS.

OFFICIAL

MAY 80.

10.30 AM

Stock Exchange

Haben

H.8.B.C. R.T. on selling rata

31

London

9/8 72-3/8

and on Shanghai "Hongkong Banks 180 London-£144 88 Chartered Bank

2103. a. Moreaužila Bank A. B. 879-1/5 b. a 219-1/8 b.

£15. 97+

£500 per annum, free of tax, for the education at Oxford and ordination in St. Asaph diocess. Cambridge of candidates" for

The balance to be devoted to Dickkarte augmenting the livings, the susje tentation of beneficed and un beneficed clergy, and the provision Ext and orphans of clergy. of pensions or relief for widows

EXCHANGE

Bongkong, 5th May 1998.

On London—

Bant, Wire...

27.

TI

On demand

12/1 8/16

ду

30 day's night...

Onidits. 4 months' right...13-

Documentary, 4 months sight 2/3-j

4 months sight - -

Op Picts-

On demand

Oradita, 4 months sight-1196

On demand

ני

1301

Bovegnis (Banir's buying rate) 8.65 Bilver (per os.)

-

On demand...

Bom.

On New York

On demand..."

...**

Credita, 60 days' nghi ..16*

On Bombay--

A

MAY JOL

3491

Ebarstroke - pociation.

Bank.

Whe

www

On demand ve

h

9/3

Од Віпдарст

On demand

73-5,8

On Maali-

b 1993

On demand

109.

b.

291-1/2

'On Ɛhinghai --

On demand

Bom

b. "A", BEFI

30 days sight (private paper):

b. "O" £taj

On Yokoham

b. £11

On demand...

9. 100

Gold Leaf, 100 Ans (per tail) 47.49.

1-1,8 2

b. 780

37.5/10

jj b..

2.90

3.81L00

185 m z. div.

b 180 x div. ·

50 b.

·b. 20

3:00. h.

b.

190 x d.

670 b.

b.

670

D. 53

4.

n:

38 d.

a. 98

100 8.

100 s

24/-b 88 b

110

7. EBI.

19-14 D

1 174

154 De

n 285

.68

* 51

34 iz 10-15

P.&O. Bank... Ext Aria Bank, --- Marina TakuramosE Caxton Ioanables Ohias = Morta Com Union InsertsMOS 6 Yangbaw InsuTENDO Fire InsuranOSE

China Fire Insurance ... Hoogkong Fire Insurance... shipping

L

Douglase A.K. Steamboats Hongkong Tage and Lighter Indo-Chinne (Prof.)

(Def.)

do. (ELK. Beg) Sbell Transport Star Forfes Waterbomt.

Oriental Nev. Co.

Rafineries:

China Bogar

Malabon Bugar

Mining

**Benzuela *****,

Kallen Mining Adm Langkate...

Shanghal LannE

IM

Comb. T38-1/2

S'hai Exploration... T 6 h.

Ringle Laughinta

Haube

Tronch

Ural Camp.

12

Ti-85 b.

¤ fi

Dooke_Wharves, Godowns, &n.

· B. & K. Wharts

H. & W. Dook...

Shanghal Rongkown

New Enginserings.

S'bat Docks

To b

18

b: 100 a 191 b.114 118-114)

54/.n

8. Dis

H 100 b

115. 115 a T303 n.

8

T13ėj b.

b 127

€ 144 8 Nous no

b) 143 to 16-1/8.

PL

10-b

150 m

si b

H. H. Engineerings

Lands Hotels & Balldinge. H.X.&8hal Hotels

Hongkong Lande... H.K. Balty Humphreys Exten

Emada Princes Building. H.K. Teritorial Rural Lands... Cotton Mills.

· 10.

Two Chiton Mills, Ltd. - T 11) e Kang Yikest j Loo Kang How

Oriental Bhanghal Cotton we

H

*** 5.00 2.

Miscellaneous, Canton loose Comomb Cerant "Combined17b Chics Lights (Oldy

bis 1..

**

1. 130

#. 3-1/2

£

-1,57 n. New T 3

80 New 33 m.

(n 18-1/2 Now D. 8 (Comb 6.97

11. How ne

23-1/2 34 do (New) 22 a. Comb, 32, s. Think Providente is Now 14 n.. Chins Providente Combined · 47. m B.K. Developments:

80 Dec 201.b. BO's

Dairy Farm

H.K Electrios

معيد

Macao Bongkong Amusements

longkong and Onion Icon

hoper Combined. Hongkong Tramways..

•Ponk

Watson'

41 n. 10.b

( n. 10 Com 615 14) New 18

1.60 Cents

Cemb. D 48–75 +2.

b 17

#81.

Hongkongi) vente mb,

+

*.

2. %, dia. 37 dia. Cantón coins

#11,8 %, dia. Bar Bliver in Hongkong 10 % pm. Obiness Copper Cash... 10% pa.. Ohiners Copper Coat#6% pa.. Rate of Native Interest 17% ont Chlows. Boh. Colo 81% die Hongkong Suh, Coin. ...

THE BANK OF CHINA. 行銀國中

(Specially Authorised by Presidential

Mandate of the Republic of China on the 22nd of November, 1917).. Authorised. Capital'

*** 160,000,000,00 Paid-up Capital ... $18,278,000.0 Reserve Fund

9,629,425.3

HEAD OFFICE: PÉKING

HONGKONG BRANCH:

4, QUEEN'S ROAD CENTRAL Bratches and Sub-branches all over China and Correspondents in Europe, America, and other parts of the word London Bankers: The National Provis cial and Union Bank of England, Ltd. The Gasranty Trust Company of New

York

New York Bankers:-The keying

National Bank.

The Equitable Trust Company of New

York

Interest allowed on Current Accounts and Fixed Deposits. Tarms on' applica.

Every description of Banking Burl ness kansacted.

Loans granted on approved securities, Special facilities for Home Exchange

TSUYER FEL Managar.

oppors

Bombay Uberiboti Djember The Hague Kobe

Mudam Palembang Peculoogan Pentlank Rangoow

Barang Shangbai

Boeraba

Bosrakarts (Sale)

Tilatja Weltevreden LONDON BANKERS

National Provincial Bank, Ltd Correspondents all over, the world... BANKING BUSINESS OF EVERY DESCRIPTION.

M. J. HERBSCHLEI,

Agent.

Hongkong, November 4, 1924,

司公理營業實法中

SOCIETE FRANCAISE. DE GERANCE

DE LA BANQUE INDUSTRIELLS DE CHIAR

PTABLISSEMENT FRANÇO CHUNOLS.

(Incorporated in France)..

1

5. Chater Road, Victoria, Hongkong.

HEAD OFFICE: 71, Rue St. Lazare, Pará.

Subscribed Capital filly-

paid-op

Reserve Fund

Fr. 10,000,

Fra. 10,790,00

Working fand provided by

THE BANQUE INDUSTRIELLA DE CHINE.

Parin:

Fr. 50,000,000,

BANKERS:

Societa Generals,

Bang

Nationale de Credit. Banqua Paris, et des Pays-Bas

London: Midland. Bank, Ltd. New York: Irving Bank Columbla Tumet

1:00.

Every description of Banking and Exchange Business transacted, Corre spondents throughout the world.

M. FITZ-HENEY.

Manager Hongkong, 18th February, 1925.

+

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

Incorporated by Special Imperial

Charter, 1808.

Yen 60,000,000

Capital Subscribed

·Capital (Paid-up) ..... Yen 62,500,000 Reserve Fund

Yen 12,980,000

HEAD OFFICE: TAIFEE, FORMOSA,

BRANCHES:

JAPAN-Tokyo, Yokohama, Kobe

Osaka

| FORMOSA --Giran, Kagi, Karenko, Keelung, Makung, Nanto, Finan Shinchiku, Taichu, Tainan, Takow ! Tamaul, Tohyen. Ako. CHINA-Shanghai, Hankow,

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

pore, Soorabaya, Samarang Batavia, Bombay, London, New York Caloutta.

LONDON BANKERS: London County Westminster and

A Parr's Bank.

The Bank has Correupondetin tu the Comberoka) amis Taustas, Japan, Indo-China, ia, India, Couteam in the Buropans Casunent, Breslay Man {Panggene ikandar Ava, and fetch India, Aust

Talla, America, Afrion, da,

Dryssin at rate which will be quoted as applica

Interum allavad on Carvin) & cooenix, and Vizoč

t

ZI YAMAMOTO, Mikk Manager. HONGKONG BRANCH:

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

INVESTMENTS

ACTUAL INVESTMENT, YIELDS TO OUR CLIENTS

in addition to bonus and dividends. Verification possible.

85 bought Hongkong Trama

Instance: No.jjlä: Client. B 6°

at $25.00 they are now $40.00.

SMALL LOTS

We Buy

We Sell

Underwriters, Hotels,

600/1000 Powalla

Emall or large lotų

TONI K ́Ammermenta i

100/887

Providente (now)

100/1000 Underwriters

460

Developments:

600

Providanta (new),

*10/500 Chins Lighte

200

Waterboats

60/30

Electrics

20/500

100/1000 Realties

10/100 Landa

605003 Constructions 300/500 Hoteli 100/600 Cristale /19/15/60. Unlona (30/2000, Provi

Kowloon Whar

AND

LOTS UPON REQUE

WE BUY

BELL RUBREY SHARES

SMALL INVESTORS

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