GREEN ISLAND CEMENT CO., LTD.
BEST
PORTLAND
CEMENT
SHEWAN, TOMES & CO,
General Managers
HONGKONG
CHINA PROVIDENT LOAN & MORTGAGE' COMPANY, LTD.
Advances made on Landed Property,
Goods, etc.
Trustees of Estates, Executors of
Wills, etc.
Warehousing of Goods
Description.
For terms and particulars
Apply at the Head-Office,
of
all
THE CHINA MAIL.
COMMERCE AND FINANCE.
EGYPT'S COTTON.
·COMPARATIVE FIGURES FOR OROP AREAS.
More This Season,
(Reuter's Service.)
Cairo, August The area under cotton is officially estimated at 1.924,000 feddans ns compared with 1.787,000 for last
season.
|
FOREIGN EXCHANGES.
The Position in Europe.
TUESDAY, AUGUST 25, 1925.
HONGKONG AND SHANGHAI THE BANK OF EAST ASIA,
BANKING CORPORATION.
HEAD OFFICE: HONGKONG.
AUTHORISED CAPTTAL........... $50,000,000 WUAD AND FULLY Pam UF $20,000,000 ÅESERVE FUNDS --
STERLING..... 8 4,500,000 SILVER $26,500,000- Zessiva LiaBILITY OF
P|onn:164, ་་་་་་་་
$20,000,000
COURT OF DIRECTORS: G. M. Young, Fog--Chairman. E. F. White, Bag---Deputy Chairman. G.M. Bernard, Esq. W. L. Fatterdam, Raq, f. H. Bell, Koç, |Hon. Mr. A. Q. Lang,
!.
CHIEF MANAGER: A. EL BARLOW, Esq.
trade requirements, the main de Imands of the Germans themselves Tare for exchanges upon New York. Nevertheless, it may be mates that after an initial spurt conseqĮ DRONELİ pot the hopes rivived by the re- habilitation of the currency, the export trade of the country has In commeation with the return of declared though perhaps this wi so many European countries to the only to be expected. The popular gold standard," the tendency of ex-inea, saw in formany a country Phanges to seperate ink two broad which by virtual bankruptcy, has groupe-thaw based upon gold, and cancelled all charges on industrial. 24..those still unstabilised has been undertakings, which is, there
accentuated during thy month, and fore, in a position to complets upon | a subsidiary group of countries has unfair lens with her neighbours & appeared which by reason of the but it does it realise that the
H. Compton, Beq.. | I. A. Piemmer, keq, fits of its membuahi to reform their davaluation of one chiss of wealth || TenMr.F.H,Holyoak. T. G. Wamil, Mag. respective enuncies. is being atontaila tho devaluation of all classes. bretod within thy orbit of the gold German savings have been almost group. It is, perhaps, not too much wiped out by the reconstruction of to my that the wellbeing of the the monery busis, and with them whole world depende, in a great the lands which should havo served mensure, upon a speedy return by as capital for industry have also all countries to sound monetary con- dimppeared. For a short time large ditions: for international trade, I credits wore obtained from abroad¦¦ which has become vital to every but now that these sources appear CURRENT ACCOUNTE`opened in
and FIXED nation, cannot flourish if merchants to have run dry, industrialiste are LOCAL CURRENCY of different nationulitics are unable fused with a position in which the DEPOSITS received for one year or to rely upon reasonably stable credits necessary to carry on, theiring on tarms which will be quoted Charter perioda in Loosi Cerrancy and equivalents of their respectiva cur- undertakings are unobtainable. It
application. will be remembered that one of the conditions of reconstruction was the severe rationing of credits by German banks, which results in the cancellation of the support which, in imperial times, was bounteously given to German foreign trade.
Norway.
Of this figure, Sakellarides com- prise 1.128,000 feddany as com pared with 372,000 fedduns for last season,
DOLLAR RUBBERS,
Singapore August 13. Alor Gajah (8) 1.65 1.75 c.d. Ayer Panas ($5) ... 9.00) 0,25 Ayar Koning (5) .... 90
80 Ayer Molak ($1) 2.20 2.35 Allenby (0)
2.30 2.40 c.d. Amul. Malay (2) 2.90 3.10 Balgownia (8) 4.10 4.20 Bussett ($)
... to 1.15 Broga New ($1) ... 1.10 1.15 Bukit Timah ($10) 9.25 0.76 Bukit Katil ($) ...
1.50 1.40 xd Buli delitong ($) 1.00 1.07) Bukit K. B. (1) 80 C. Serdang ($5) ... 6.75 6.00 Celinsburgh ($1) 9.75 2.86.
2.00 2.20
"St. George's” Building, - Genealy (hh....
Telephone C. 781,
Telegraphic address "RELYAT.”
THE HONGKONG TUG & LIGHTER Co., LTD.
Single packages and small consignments received and delivered by Motor Lighter.
Lighterage of any description undertaken. Tugs and Lighters may be obtained at
all hours.
2
Motor Boat and Launches available
for Bathing Parties.
For torms and particulars apply at the
TELEPHONES:
HEAD OFFICE—ST, GEORGE'S BUILDING.
Head Office-Contrul 781.
Night, Sunday or Holiday
Chinose Branch Office-Contral 4885. Bing up Kowloon 622.
Raylor Tadragiri (85) dimah ($1)
Kolah (1)
90
rancies,
Italy...
بلا
danager: Shanghai-G. 8. SFITT, Esq.
LONDON BANKERS, Westminster Bank, Ltd.
Hoogkong, May 20, 1925.
HONGKONG SAVINGS BANK
THE
basizes of the above: Bank in conducted by the EONGKONG | AND SHANGHAI BANKING COR PORATION. Kales may be obtained aon application.
The collapse in the lira, which occured on Juno, 13, came as a ps to the foreign exchange market; specially after the au nounenment of the conclusion of a
credit of c.d.arrangement for
$50,000,000 for the support of the exchange. After exhibiting some To is satisfactory to chronicle weakness during the preceding days real improvement in the currencies the gate opened on the 18th at 129, both of this country and of and fell. rapidly to 182. Later in Denmark. the rates now being the day there were symptoms of about 28.20 and 25 respectively. 7.00 7.50 x.d... and at one time 1977 was The Bank of Norway has decided
"tancherl. On the London market hot to attempt to stabilise the crow quotations were slightly hatter all at its present laves, but wil con through the day than the current tinue its efforts to raise the valua abre, and a certain amount of tion by degrees la gold parity. In arhitmage business resulted; so that mark discussion is still taking it we evident that the initiative phee as to whether devaluation Lund from the Continent, and it is and by decided upon, or whether even said Want Italian quarters were there should be a further effort to
store the quency.
8.00 8.00 1.85 1.80 2.90 3.10 Jeram Kuantan (50) 1.05 1.50 Kuala Sidim ($0) 2.00 2.80 DO Taues (5)
XXXXXXXXXXXXXXXXXXXXXXXXDD
HONGKONG & TERRITORIAL ESTATES,LTD.
(Property Owners, Estate Agents,
Land Vet
• auers, etc.)
WILL UNDERTAKE THE
Development and Improvement of Landed Property and attend to all Branches of
Real Estate Business.'
For terms and particulars
Apply at the Head Office,
'St. George's" Building,
Tel. C. 781.
Telegraphic address “ ESTATES"
Fresh Air on Top!
WHEN it is "set fair” with
the thermometer in the
eighties
cani you
always
command a refreshing breeze from your
Electric Fan
It will keep you flt until holiday-time, and sustain you at concert-pitch after-
wards..
One unit of electricity will
drive a small fan for 20
hours.
THE CHINA LIGHT & POWER CO., (1918) LTD.
Showroomı 62, Nathan Road,
lephone No. K/677;
Kempas (5)
Mayh id (52)
11.00 11.2% 6.75 6.25 8.00 8.25
Malden Pinda (1)... 2.10 2:50
Mentakab (21
70
Maiskode$2) ...... 1.25 4.50 Maria Vekong ($1
R 317 40 New Frog leken (4) 1.3741.42! Now Seringah 20 3,7674.20 New Soudai ($1.00 2.40 2.50 Nynlas
9.50 10.00
Palum A
8.74 9.00 Pak R. Vilby (S) 1.75 1.85 Parit Pak (3) 3.00 8.20
1.30 1.30
Punge (3)
Radolu : 45) ..
Hurdonat 125
7.76 8.25 9.70 2.00 Shived Paggan 60... 2.80 3.00
1.20 1.25 18.50 10.00
05 1.05
Tamiriak (8P
[Taquals 10"
Temerloh (1)
} {V}k Juum (5).... 8.00 9.00 Trafalgar (82)...... 1.10 1.30
Ulu Bigonu (50)...... 55 GO United Maların. (9) 2.00 2.10 Di Pido ($) D 100 Dar Simpan ($) ... 2.05 3.05
...
Austria.
INTEREST on deposita la calculated on the lowest balance during each com- pleted Calendar Month at 3 per cent. Per sanam. Should there be ao balance any day in a month no interest will
be allowed for that month.
Depositor may transler at their option Balance of 1100 or more to the ONGKONG & SHANGHAI BANK to be placed on FIXED DEPOSIT at CURRENT RATES.
For the HazGXONG & SHANGHAI BANKING OGATURATION,
A. H. BARLOW,
Chief Manager. Hongkong 7th January, 1925.
BANQUE DE L'INDO-CHINE.
HEAD OFFICE:
95, Boulevard Hausaman, Paris. abscribed Capital. Frs. 72,000,000.00 aid-Up Capital... Fra. 63,400,000,00 Leserve Fund ...... Fr. 59,507,288.54 BRANCHES: Hongkong
Best to sell I suggested that the real ennan of the slump is] fo found in the exwowing of com- milments in funnel conditions du Italy, and the brighter outlook gen
Whil, there is no change in the Isundly, a large ufipreciation of the
yhntam as expect, and it i Adrian rate, the currency being xat.krown that consemble amounts of upon a geld valuation, more were being carris. It sms probcuraging news comes from that bly that the continued downward country. Austria is at present the frund af quotations isouraged the only central European country kull, id that they decided to which is abolished exchange re show cover air losses. Naturally sales strictions: tid ik can now for that purpose could not but three years of unbroken, stability rentiate the fall. and other bebind its currency. The budget
lators seized the opportunity now balanced, sive for investment Long to step in, gossip attributing action expenditures, and though businesa te some operators elulating that is still not satisfactory, it is believed lower value for thlim would mean that decided advances have been e.d.higher Stock Exchange quotations. made. The weekly turns of the Much, surprise was expressed that National Bank show a satisfactory no official support was noticed, for position; and the note circulation
ROYAL DUTCH IN PERU.
The Gil Scheme Opposition.
%
it was thought that immediate usa and current account liabilities ard) would have beer made of this Amer covered to the extent of 58 per cent. Como enkl While Buctuations by gold values. The Natiomi Bank ten million new havs sine taken place, and some annonces that Powery is apparent, the lira closes shiling pieces will be seed on A month in a werker position July 1.
blen nt the summencement. Th ference in the Italing bank rate did not influence the →xchange. A verat announcement that the Among other factors that have been Royal Patch Petroleum Co. had not without effect on the situation abandon d as interest in Peru has may be mentioned the question of been oiled by statement detrithe inter-allied debts, while dis- mental to the country is an oils have also inken place as to the position in the future should producer.
the we" through illness or The are disproved by the ex-otherwise find it necessary to retire periences of the tobitos 16‹lds adone, and a cablegram received by th. Peruvian Conail-tienend alates that the output this year will be in exems of 1,000,000 tons.
from the active direction of affairs.
France.
↓
TRONOH MINES.
The Purchase of Dredges for
1023:
New Property.
matok ŠAL LANDRIAGE Juncon
wikow
Badgon Shangha
Singapore Tientaln
··LIMITED, "
HEAD OFFICE: HONGKONG
'Authorbrad Capital Paid-up Capital akk Reserve Fand..
DIRECTORS.
Hon. Mr. Chow Shou Sen-Chabri
Fung Fing Shan Mok Ching Komd Li Koog Chun
P.E. Kwok
Ng Ching Lak Pong Wal Ting
Wong Tan To Huynh Thi
Kan Ying Po Chan Ching Shall Every description of Banking Exchange business transacted. granted on approved securi
BAFE DEPOSIT BOXES to jell KAN TONG PO,
Chief Manages.
Hongkong, 18th February, 1932
司公理管乘實法中
SOCIETE FRANCAISE - DI GERANCE
DE LA BANQUE INDUSTRIHILI DB URINE
ETABLISSEMENT PRANCO
CHINOIS.
(Incorporated in France),
#, Chater Road, Victoria, Hongkel
BRAD OFFICE: 74, Ras St. Last Fari
Subscribed Capital fully
pakt-up 2: Redures Fund w..
Fr. 10,000 F. 18
Working fund provided by THE BANQUE INDUSTRIBLAN DE CHINE. Fr. 50,000,000,
Paria),
BANKERS:
Boclate Generale, Nationale de Gredit. BanquÉ Paris et des Pays-Bas, London: Midland Bank, Ltd. New York: Irving Bank Columblá Re
Every description of Banking Exchange Business transacted Com spondants throughout the world.
A. ROLLIN, Manager
Hongkong, Ind August, 1944.
NEDERLANDSCHE HANDEL MAATSCHAPPIJ.
"(NETHERLANDS TRADING SOCIETY,)
T
Betanakken 1824. Hansson Beamon Estaminen 1906.
Authorised (apital 3,180,000,000 £1,000,000 | Paid-Up Capital...G. 80,000,000 £ 6 686 871 Reserve Fund ....... 20435,861 VILASS | Spacial Bowever.....G., 2,660,000 & 1,998,480 HEAD OFFICE ----Amsterdam, KASTREN EHAD OFFICE :—Enterbay BRANCHES-
Bandong
MALA
Noumea
Papete
Poklag
Tourne
Prom-Pemb
Ynapaofa
Fundicherry
SANKERS:
Bandermals Caletta
IN FRANCE Comptoir Nailonal d'Escompta Djekjaheria
• Paria; Credis Lyonnais; Banque de Paris et Kota-Fadin
-xiace Grunerals.
Baga-Bes; Credit Industrial at Commercial Padang
LONDON: The Nationa! Provincial sion Bank of England, Et; Comptals stional d'Escompte de Paring Credit Lyanuals IN NEW YORK: J. P. Morgan & Co., American Banking Corporation; Artaty Trust Co. of New York
njeret allowed on Current Accorta and red Depolia according to arrangement. Svery dription of Banking and Exchange Keiseizmoted.
A. LECOT.
Manager.
Hongkong, Marak 20, 1926.
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.
INCORPORATED BY ROYAL CHARTER, 1858.
HEAD OFFICE: LONDON.
Fald-up Capital
£3,000,000 Reserve Fund.......... 24,000,000 Reserve Liability of Pro
polators ............ £9,000,000 FOREIGN KICHANGE and General CURRENT ACCOUNTS opened and
Report of Tronoh Mines for year to December 31, 1924, Mates that during year 1280 tons of tm ore were sold, as against 1,280 tons for Output of tin cre from In contrast with the Italian ex-dredges was 637 tons, realising change, the fuse, while it has 141, being an average valne of Various explanations have been certainly depreciated somewhat advanced of the action of the Royal during the past month, has shown 110 per ton for previous year, or 2146 per ton, as conjured with Dulch Co., but in the communica- no "waustional Anctuations, tion referred to its action is des Amer can viits are believed to be increase of 27 per ton. Profiting bener transacted. cribest us very inexplicable, expe still practically intact: and, though for your was £8,816, plus profit on
w shorter period at rates which will be ekly after the Government had thr ats and runours of threats are redisation of investments 13,691, PD DEPOSITS received for 1 year
and £41,153 brought in, making
moted on application granted it a power over the reserved heen employed against speculators,
AH FERGUSON,
Manger. zone, a region which has excited do not appear that the French 123.659. Dividends equal to be. great expectations, and to acquire Covament has yet had to expend per share were paid during year, which the Royal Dutch had over any-of its ammunition. The imve decided to write off property
Mongkong, April 15, 1925, amounting to £50,000 and directons a long period concentrated overy | médiate diffculty which confronted effort.
THE TANKERS ALTERNATIVE,
The
the Government of the maturity of account £10,165, leaving a balance, two milliards of 6 per cent, 1902 subject to corporation tax in respect The movement for a modification bonds, which fell due on July 1, of half-your ended June 30, 1924,
of £63,495. of the capital reorganisation bas, been surmounted by the, faste scheme put forward by the direc of new notes. tors of Tankers, Ltd.. is stated to have received a considerable mea sure of support.
It is pointed out that in the event
of an adjournment of the meeting
ing.
£14,000,000 IN 6 MONTHS FROM MOTOR TAXES.
Belgium.
The Belgian franc now stands at about 105, and seems to have faller
in sympathy with the French frane
THE YOKOHAMA SPECIE
BANK, LTD.
Established 1880.
|
¦
Pemang
Botterdam Singapor Tagal
Bombay Cheriton Djember
The Hague Kobe
Macs-ar
Palembang
Petlanak
Sazareng
Meda
Pecator
Bangcom
Shanghai
Boerabaja Boerakarta (Blað TjBatja
Walteredita
LONDON BANKERS:- National Provincial Bank, Ltd. Correspondiente all over the world. BANKING BUSINESS OF EVENT DESCRIPTION,
M. J. HERBSCHLER
Agent. Hongkong, November 4, 1924.
THE BANK OF TAIWAN, LTE (Taiwan Ginko.)
Incorporated by Special Impariatł Charter, 1899.
Capital Subscribed |Capital (Paid-up}
Reserve Fund
Yan 60,000 $ Ten B2.6017
Yen 13398.0***
HEAD OFFICE: TAIPEEL, FORMOSA.
BRANCHES:
JAPAN-Tokyo, Yokohama,
Quaica
FORMOSA-Giran, Kagi, Karnd
Keelung, Makung, Nanto, Plan Shinchiẩm, Taichn, Tainan, Takom Tammi, Tohyen, Ako CHINA-Shanghai, Hankow, A
Foochaw, Switow, Cantón. OTHERS, Bangkok, Hongkong, Sha
pore, Soerabaya, Batavia, Bombay, London, York, Calcutta.
LONDON BANKERS: London County Westminster, and Pari's Bask
The Bank Has Corespondanin in the Commerndal Centres in the Biropeia Confinest,. Bandia, Mas
Palipoiss Kitanda, Java, sat Daish Into, Amus PLSA, harden, Atrion, #
Report states that company has obtained direct from Government mining rights over a new area of approximately 1,300 acres, which Capital (fall paid-up). Yen 100,000,000 Depot at which wil be quebec am aprove mining rights, in the opinion of the Reserve Fund Yen 80,600,000 general manager, are valuable." Full
Head Office:-YOKOHAMA.
Branches and Agencies at: Batavia. Bombay.
Changchun
Honolulu
or it being found necessary to take as mual. Balgium has not had re-information concoming the new additional steps to those already use to the insuse of Treasury billa property has not yet been received, proposed, it will be of advantage for some years past, there is no but is expected before date of if Preference shareholders would question of an inflation of her cur general maeting. In order to assist send proxies as requested, even rency, and the report of the Nain providing funds to purchase Buenos Ayres. though they may be received too tional Bank shows that not only dredzes required for new property Calcutta. late to be of use at the first meets there un improvement since the it is proposed to make an issue of Canton.
beginning of the year but that 25,000 Ordinary shures of £1 each.
Dairon (Dairy). there is even some likelihood of at a premium of £1 per share, and Fengtien (Mukden). deflation. Belgian credit abroad re to give, shareholders the right to Hamburg, maina good, and the fund for the apply for such shares in proportion Hankow. support of the currency is not dealready hold. In view of expendi-Harbin pleted: On the other hand the ture required for equipment of new Kal Tuen. crimes, both in trade and in politics, property, Board has decided to Karachi. must influenca: the exchange; and makes no further cash distribution Kobe.
tendency to export capital through for year ended December 31, 1924. London.
Los Angeles, the purchase of foreign securities An oxtraordinary meeting will, how-
Lyons and forsign entrencies cannot be ever be held immediately after the Manila. without influence upon the market. annual meeting, at which there Nagasaki The Coupell of the National Bank will be submitted resolutions pro- Nagoya recently discussed the question of a viding for capital of company being These figuron are, given in a re turn by the Ministry of, Transport, increase in the bank rate, but increased to £260,000 and for which also shown that in the period decision was taken, and it is said capitalisation of £25,000 of com December 1, 1224 to May 31, 1925, that the nathorities demure to take pany's undivided profits for distri- gross receipts from taxes on motor no change until the currency e-bution as a bonus to shareholders in
sumes some relative stability.
proportion of one share for every vehicles were £13.902.255.
eight shares held. It is not prepoded Rebates allowed in respect of pre-, Germany. - 1918. engines in the period amount By the acceptance of the Dawes to izane raw shares tone share at approximately to 604,000 app Report, Germany based its currency £2 and one bonus share for every Eximbely 886,000 me ralunded in won gold, and therefore, for son eight shares beld) until October respect of the surrender of 7,579 time past it has had no exchange next (Pinit for 1929-219,888, Finance Act history. The rotation only varies plus £4358 prod on realisation of
ompts are frantionally, and though a certain investments Divide
There were 1,303,000 motor vehicles licensed in Great Britan on May 31 last, including
-633,000 curs, $18,000 cycles, £17,000 trade vehicles,
92,000 coba.
1924
subject to. regards other refund.
ate as redonnt of business is done in A mum of 20
11 London for the filling of legitimate property accou
Newchwang Now York Osaka,
Peking, Rangoon,
Rio de Janeiro. Saigon.
San Francisco,
Seattle. Semarang. Shanghai Shimanonal. Singapore. Socrabaya. Sydney. Tientsin Tokyo.. Trinanfu. Tsingtam. Vladivostock.
"
Interest allowed on Current Accounts. Deposits received for fixed periods at rates to be obtained on application.
CARIMA Hongkong, 20th August, 1925...:
2 Manager.
| 38bkewed allowed on Current Aspartų, sud Plast
Z. TAMAMOTO,
HONGKONG BEANCH!
5. Dew Vaux Road Central
Hongkong, 6th June, 1926.
"
THE BANK OF CHINA.
行銀國中
(pecially Authorised by Presid
Mandats of the Hapchẫn of China
'on the 2nd of Novembar,
Authorised Capital . Pak-up Capital an Reserve Fund' viška smi
HEAD OFFICE: PEKING.
HONGKONG BRANCH:
4, QUEENTS ROAD CENTRAL Branchion and Bub-branches All evid China and Cocraponderis, in Tamer Americs, and other parts of the world London Bankas:—/án Katinu
́cial and Union Bank of Engla The Guaranty Trust Company (6)
Tork New York “Bankanı -
National Bank.
The Equitable Trust Company
York
Interest allowed on Chuppent
Pizad Deposita, Tame on Au