GREEN ISLAND CEMENT CO.,
LTD.
BEST PORTLAND CEMENT
SHEWAN, TOMES & CO,
General Managers
HONGKONG.
1ODOOO000000000000XXXXXXXXX
CHINA PROVIDENT LOAN & MORTGAGE COMPANY, LTD.
Advances made on Landed Property,
Goods, etc.
Trustees
of Estates, Executors
Wills, etc.
of
of all
Warehousing of Goods
Description.
For terus and particulars
Apply at the Head-Office,
แ 'St. George's" Building.
Telephone C. 781. Telegraphic address "RELYAT."
OCOOOOOOOOOOOOOOOOOOOOOOOOOON
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.
Motor Boat and Launches available for Bathing Parties.
For tar sad particulars apply at the
TILEPHONES:
HEAD OFFICE-ST. GEORIS BUILDING.
Head Obe-Contral 781.
Chinova Branch Office-Central 4885.
Nigt. Sunday or Boliday
THE CHINA MAIL.
COMMERCE AND FINANCE
AMERICA'S INVESTMENTS.
The Interest That Bond-Holders Have.
MANCHESTER GOops.
Board of Trade Figures For June.
I
AMERICA'S EXPORT.
Britain America's Biggest Customer.
· The Wall Street Journal" of New York gives som remarkable figures showing the extent to which the America expert trade is des pembent on the United Kingdom `ne Mosses Robert Barbour & Bro, buyer, says a writer in i Home This United Sundra and its poopla are and by chains of gold to the Ltd., in their market report, stato puse. To each inhabitant of the west of the world, says Washing the Board of Trade returns for June, British Isles the United States lis te Star editorinity. Investments
(as could only be expected, were dis yearly goods worth 19 dollars 08. of privat, Ameriin capital abroad finetly disapusanting, falls of up-cons. To the eighty-five million 1921 amounted to $9,000,000,000, proximately 1,800 600 lbs, in yarn people of Tasin America the Uní sod according to data collected and in 8,800,000 square yards in piece States sells 8 dollars 50 cents worth murle public by the National The goods being disclosed, as conjured jr hend: to the 476 millions of For with the corresponding month of Europed dollars B1 cents per head; dustrial Conference. Found.
to the 930 millions of Japan and eign investmints in the United į 1924. States ameum to about ane.half of
China anly 77 cents per bend. out investments abound. tion to the investments of raivate American capital in foreign exsun tries are the huge war debts owed Buited States by the Allied anfieus totalling in principal and scerned interest some $11,000,-
TYHYDOM,
Shipments of cloth to Trulia pro- In add are down to the extent of 28,000,000 par garb, to China 10,000,000, whilst other notable de- greases are those of America and Switzerland. Or lha other side of the account, Reypt, Africa and the Dutch East Indies all show satin- Factory increasPA,
Britain, therefore, is America's ! has customer," though America is by no means our best customer. The Wall Street Journal pointa out that much of this export to Britain consists of raw material.
That is perfectly true-d, what is more to the point, practically everything America sonde us either is produced, or could be produced, demand, within the confines of the in sufficient quantities to meet our
Empire-including
שפת
FRIDAY, SEPTEMBER 4, 1925,
BANQUE DE L'INDO-CHINE. THE BANK OF EAST ASIA
ELAD OFFICM; **
38, Boulevard Haussman, Paria. Jubcribed Capital ... Fra. 72,000,000.00 fak-Up _Capital w... Ten, 68,400,000.00 Laures Fund ................... Frs. 50,001 298,54 BRANCHES: Hongkong nalit
Salgem
30k
tamb iated jibouti Talphong
Shanghai
Noume
Hingapore
Paporte
Tintaln
Peking
Tourne
Phota-Pa
Fondicherry BANKERS:
what
Yubanfu
AN FRANUR: Comptate Na: Innal d'Banampte « Paris; Orwelļa Lyonnały Banque de Parijot at Puya-llas; Credit Industrial si Commercial seistä Generale.
IN LONDON: The National Prevrinolal å Jalon Bank of England, Ltd.; Comptoir latiuesi d'Escompte de Paris; Credit Lyonnais IN NEW YORK; J. P. Morgan & Co. zench Amrican Blackleg – Corporation;
arty Tent Co. of New York.
Ixtarnt allowed on Currens Accounts and Kad Dayorita secording to arrangement.
very desaription of Banking and Exchange mfunn kraamoted
A. LECOT,
Manager.
Mongkong, March 20, 1926.
HONGKONG AND SHANGHAI BANKING CORPORATION.
HEAD OFFICE: HONGKONG.
STERLING— £4,500,000
With Bs4" Jaga invesmenta The general tons of the market abayad the interest of Americans in during the month, the report con- politien eraditions in foreign conn-re is a disposition to take a more
tintas, ha tended to improve tries has grown. They are - tested on the teria side as hopeful view of the commercial out-Briush well as the moral. War, with its look in China, and contracts for cotton.
If this country, the writer con- AUTHORISED CAPITAL $50,000,000 attendant ruin and destruction of white shirtings and fancies have
BUAD AND FULLY PAID U7 $20,000,000 property, in some of the nations een negotiated, but no reemption tinnes, pursue a radional policy of where American capital is most of the auctions has been found po Imperial development it could supY, FUNDS:
Business has been ply its own needs in raw material heavily invested could not fail to shie de yet.
SILVA $26,500,000 In without troubling the United States. have its effect on the American one for Java "and Singapore. pocketbook. This explains the very Yorkshire goods there is no change Further, it would be buying from considerably interest which the so-of moment in the Far Eastern British populations who import in called group of American interna markats, and quotations generally exchange the manufactured goods of These America Great Britain. tons Bankers has in Europeare in favour of the purchaser.
blocks out with a high tariff, while fuffairs and in the stabilizulien of the world. It may explain also some
the British Dominions give us a of the desire to have this country
preference on our imports, enter the Teague of Nations.
TOANS TO GOVERNMENTS.
The overeens markets are, sa a rule, below manufacturers ideas of price, Bids are being made for low ileaching cloths in the China trade, but actual buying is reported. Goods are moving slowly but of godowns, but not off shipboard. Singapore he shown mor, willing- Iness, and fair lines have been placed:
Tomas to foreign Governments | constitute a large part of the in- vestments of private American on order. eniti in foreign countries.
For example, private capital invaded by Uniti Studes riddens in Europi amount to about $1,000,0000.000. Present. Year Shows Big Gains. the Nalorad Jobustrial Confeverge Board maintains, aut of this total
| $1,500,000,000, or newly four-fths
FIUME RECOVERING.
On December 15, 1924, then were 2,610 unemployed in the city on May 1, 1925, the number stood at ed
CHINESE ECONOMIC
MONTHLY.
Hankow and Timber.
the
(ESELV) LIABILITY OF
PROPRIETORS...)
$20,000,000
COUNT OF DIRECTORS: G. M. Young. Bag---Chairman. I. P. Whitey Eeq,--Depisty Chaizzan. W. EL Bell, Mag. Hoa Mr. A. O Laay.. G. M. Bernard, Bag, W. in Patienden, Beq. EL Compton, Baq. 1. A. Pixmart, legi Can.Mr.P.H. Halyoski T. (7. Well, Esq.
"CHIEF MANAGE : A. H. BARLOW, IN. lanagar: Shanghai–G, H. STTIT,
LONDON BANKE28. Westminster Bank Ltd.
LIMITED
HEAD OFFICE; HONSKOM
2
www.$10,000
5,000,
Authorised Capital Paid-up Capital ............ Beserve Fund
DIRECTORS:
Hon. Mr. Chow Shou Son-ChatSROOM. Fung Ping Shan Mok Ching Kow Li Koon Chu Wong Yun Toa
P. & &wok Huyah Tal Ng Ching Lak Ting Po Pong Wa Ting: Chan Ching Skell Every description of Banking Exchange business transmoted. rranted on approved securities.
BAFE DEPOSIT BOXES to all
KAN TONG 18,
Chief Managek
Hongkong, 16th February, 19
司公理管業實法中
SOCIETE FRANCAISE DI GERANCE
DE LA BANQUE INDUSTRIELLE BÀI GHINE
STABLISSEMENT FRANCO
ORINOIS.
(Incorporated in France).
4. Chater Boad, Victoria, Hongkoll
HEAD OFFICE: 74, Rua Bt. Lavith Paris.
Subscribed Capital fully
paid-up.
Frs. 10,090 Baserve Fund m .......... Fr. 10,700 M
Working fund provided by THE BANQUE INDUSTRING:
DE CHINE
Fr. 50,000,000.
BANKERS:
Paris! Boclate Generals,
Nationale de Credit. Banque Paris et des Pays-Bas. London: Midland Bank, Ltd.. New York: Irving Bank Columbia 'le
Co.
Every description of Banking Exchange Business transacted. Z»pondents throughout the world.
CURRENT ACCOUNTS opened in VOCAL CURRENCY and FRED DEPOSITS received for one year of
irter periods in Local Currency and Harling on terms which will be quoted ➡ appleation.
Bongkong, May 30, 1918.
HONGKONG SAVINGS BANK.
A. ROLLIN,
Matunga
Hongkong, 2nd August, 1914. -
NEDERLANDSCHE HANDEL MAATSCHAPPLI.
(NETHERLANDS TRADING SOCIETY.)
FTARLAHKO 1824. HBRADOR ENLANIAWBRE 1908.
Pald-Up Capital....G. 80,000ONE 6 6.666,672 By Fund 20436,851 35 1,711,400 Special Emery... 850,000 35 1,598,xas HRAD OFFICE:-Amsterdam KASTREN HEAD OFFICH :—Pazurin, BRANCHES - Bandjermain Balog
Cheribon
Authorised fapital . 150,000,000 £1,500,0
The August issue contains a number of articles of interest, The province of Shanti gets a good deal of prominence in the matters of agriculture and cotton growing. The contributor of the Rome, June 26.
article on the latter, states that | of my Brunatean commitments, are In a recent spearle in the Sonata, since the establishment of four Ceans to Governments. Her, marti- Sigier Mussolini gave same figures experimenting stations cotton portarly Tes a reason for American on the ecniunie recovery of Phuma
trrest in the political hairs of which desere adtution. Pourteen farms have spread all over Burge. This Fall of a Government months lv, elapsed since the de- province so that the average yield to which hundreds oť millions
finite anexation of the Adriatic per mow last year was 80 to 901 cholars have been and womit to Italy, and during this parish catties and the year's production matisi mese dinan grasp to the banks there has been slow but steady im- was valued at $3,000,000.
Silk growing in Nanking is THE business of the above Bank is conducted by the HONGKONG and red'viduals whos, money made pruvement, which gained much im
petus in the Frat four months of authoritatively dealt with and in
AND SHANGHAI BANKING COR "Hankow as a timber market" the PRATION. Buls may be obtained Of total of nine bill us at the esperons year. cellors plus jovested abroad 41.1
writer tells how in former times
va avóltatio Magup Kowloon 622.
INTEREST on deporita is calculated Calenta ur peok is invested in Latin
Hupeh province was thickly cover- forcats with
The Hagne Kobe producing on the lowest balanco during each com Podsta XXXXXXXXXXXXXXXXXXXX0000000000|| Amre countries, indicating the
3 per conto Raube ZOOOOOOOOOOOOOOOCxxxxxxxxxx0000000000ood grow the fat busiames "and trade be 91. 14, umber of workers em immense quantities of hardwood, plated Calendar Month
Tween the Buited States and other I moved in indisirini ocempestionhadeypress and bamboo whereas per annum. Should there be to balanes
has led tó While the Butler to 2,53 in 1923; it rose to deforestation
it on any day it's moath no interest will Betterbera | Ar riep Reputables,
Singapor Tegal HONGKONG & TERRITORIAL ESTATES, LTD. Governments of the 1,334 in 1121.and by the beginning becoming largely dependent on be allowed for that month.
Depositor may transfer at their Tatin Amicountries at pei sa od May 1925, it suxat at 1.70%. Dur other provinces and foreign coun- large in omparison to the total ining the same period the mumber of tries for supplies in recent years. optin Balance of $100 or more to the vestan ast in these cautern with the mon comployed in the port rose from Hankow is now the most import-ONGKONG & SHANGHAI BANK
1 to European Clovernments, 200 to 1,16. In 1013 2,250,000
CURRENT RATES. hemsiderable, total tons of goods were hand in the ant market in the province where be placed on FIXED DEPOSIT at
fir, pine, cypress, camphor, bam- The $10,000,C#.
port of Time: in 1923 the gure boo and other timber is assembled American capital has been gm-ind fallon sa 200,000 tons; it rose arersly invested in the Dominion to 100,000 in 1924, and the returns for trade purposes, a trade which of Canada, where the kraus to for the first four months of the pre- it is reported to be in the neigh- the Candian Governments total sent year allow a forecast of 700.000 bourhood of Tls, 6,000,000 a year. $1,060,000,000, which is 43 per tons for the whole year. The ship es of the total Aneriem capital entering the port number 1708 invested in the Dominion.
in 1923. 1977 in 1924, and it is estimated Do They will number 2650 in 1995.
(Property Owners, Estate Agents,
Land Valuers, etc.)
WILL UNDERTAKE THE
Development and Improvement of Landed Property and attend to all Branches of Real Estate Business.
Tel. C. 781.
For terms and particulars
Apply at the Head Office,
44
'St. George's” Building, Telegraphic address "ESTATES"
Fresh Air on Tap
WHEN it is "set fair" with
you
the thermometer in the
eighties
can always
command
breeze from your
Electric Fan
It will keep you fit until holiday-time, and sustain you at concert-pitch after-
wards.
One unit of electricity will
drive a small fan for 20
hours.
refreshing
THE CHINA LICHT & POWER CO., (1918)LTD.
Showroom: 62, Nathan Road, Kowloon.
No, K-677-
THE FAR EAST.
BRITAIN'S BEST CUSTOMERS.
Australia and United States.
Australia is now Britain's second-best customer; India heads
Railway Gfic is also on the in- The Far East still beckons for American capital. Our total investerense, rising from 147,000 tons in mente in Ash and Oecenila are set 1923 to 372.000 in 1921 and the list. down at the trifling sum of onble figure is expected to be $60,000,000, or only 7.6 per cent.renched this your
The report on British Trade and Industry shows that the per-
by Australia (7.6) is greater than the pre-war figure in 1913 (6.6 per cent.):
of the total foreign investments The above figures are low, com-certage of domestic exports taken made by Americans. Even here the pared with those of pre-war times. leans to Governments represent 64 but they indicate definit, improve per goal of the whole, serving toment. Meanwhile the relations be (emphasizes again the innerst which tween Haly and Jugoslavia aro re- American lays in the maintenance of ported to steadily improving join commission of oficial re stability and pace in the world.
The amazing changé from the carly | prontatives of two countries, days of Be Republie, when the which has oven pursiging its lahours tions of Europy were louling Amer-in Venice and recently in Florance, ic bout a million dollars a year and has at last come to au únierstanding, America was using what wealth it and agreement + regulating com- possessed for its own development. mrcial and economic relations have has come about in little more than been drawn up. The real pacifica- & hundred yowa. The United tion and economic reconstruction of Blades has becom, the banker of the south-eastern Europe is slow work world, with tremendous power. after the lang years of war and in- bernal strife, ut real progress ap-
ntly is being made.
SAIGON RICE,
The Compagnie de Commerce et de Navigation d'Extreme-Orient;
GREEN ISLAND CEMENT CO.
The "China Mail" is informed
Green Island Cement Co., Ltd.,
The following table shows the exports, based on sterling values, from the United Kingdom to the principal countries of the world:
India
£90,578,000 Australia .... £60,760.000 United States. £53,192,000 Germany £42,645,000 France
£41,778,000 South Africa., £30,266,000 Canada
£28,150,000 Arg'nting Japan Holland
Belgium
China
£27,194,000
£26,798,000
£25,116,000
£22,644,000 £20,354,000
New Zealand: £20,319,000 For every man, woman and
was paid, in the last financial year
child in the Commonwealth £12
For the HozaKONG & SHANGHAI
Baxxum CourONATION,
·A, UL. HARLOW.
Chief Manager. Hongkong 7th January, 1925.
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.
INCORPORATED BY ROYAL CHARTER, 1868.
HEAD OFFICE: LONDON.
Paid-up Capital
.£8,000,000 Besarre, Fund
£4,000,000 Lesarre Liability of Pro-
prietare...
..............£3,000,000
FOREIGN EXCHANGE and General Banking business transacted.
CURRENT ACCOUNTS opened and FIXED DEPOSITS Taived for 1 year * shorter period at rates which will be
sted on application.
A. EL FERGUSON,
Manager. Hongkong, April 15, 1985,
ور
THE YOKOHAMA SPECIE
BANK, LTD.
Established 1880.
Capital (full paid-up). Yen 100,000,000 Reserve Fund........ Yer 80,600,000-
Read Office:-YOKOHAMA,
Branches and Agencies at:
of Saigon, in their circular report by the General Managers of the dated August 25 state:-
Our market is very quiet and that the estimated profit for the for which statisties are complete, Batavia. prices have shown a clight down six months ending June 30, 1925, for goods bought from this coun- Buenos A77CS.
amounted to $296,595.77, but as ward tendency. Practically no
try.
Calcutta.
demand exists either from Home under present circumstances the KUCHAI TIN DREDGING CO-Datren (Dainy).
prospects of sales are very un- certain, it has been decided by the Board of Directors that it is
LTD.
Canton. Changchun. Fengllen (Mukden). Hamburg, Hankow.
or from the Far Eastern markets. Some sales of white rice meal have been made to Europe.
The rains are very regular and inadvisable to pay un Interim Kuchai Tin' Dredging Co., Ltd. for Honolulu.
Dividend.
London.
Newchwang. New York. Osaka. Peking. Rangoon Rio de Janeiro. Baigon. San Francisco, Seattle, Samarang. Shanghal
Shtonovell. Bingapore. Boerabaya, Sydney, Tientsin.
Tokyo
Trimanfa
Taingtam
Vladivostock.
Deposits received, for Axed parlode at rates to be obtained on application
The report of the directors of Harbia
the period ended June 30, 1925 Kat Yuen.. preparation of the rice fields is
sta Bow Area of *proceeding under very good con-
properly-13 Karachi ditions. In certain provinces, big The Franco-German sewd with res have been equated from be. areas are already planted. regard to the distribution of the Government building site. Los Angeles.
The total amount of rice ex-puluh murket is obviously of great Plant-The suction cutter dredge Lyon. ported from January 1 to August importance. It was tentatively is now complete, and, ut date of Maula 15, 1925, is 1,044,447,777 tons signed some time ago, but it has this report, dredging is proceeding Nagasaki.
Nagoya, against 800.786,510 in 1924. now income i definitive agreement fairly satisfactorily. Buildings, trest allowed on Current Accounts,
We quote to-day white Saigon Under the convention. Franco and Three Hungalows for the manager rica No. 1 25 per cent. broken Germany which between them and staff and other necessary mine round grain Hongkong. $8.75 per ponesa a virtus! monopoly of the buildings ive been erected. Direc picul of 184 bs. f.o.b.. Saigon, potash production of Europe, will trato The directors are Meyara £0.16.3 per picul of 184 lbs. fo.. co-operate instead of competing with J. M. Sine (Chairman), J. A Saigon, Yen 9.70 per picul of 184 ch other Thoy will kits be blei Lee Chim Tuan, B The fab. Saigon. White Saigon control prices: In every coun Mandel and the Hon. Mr. 8. Q- try in the world, including Amoran Wong. In acordance with the rice No. 2 uifted; Java-quality": "they will work together instead of Articles of Association, the *Hongkong: #8,50 per picul of 184 st each other, and the Mf SQ Wong and Mr.
be: Lob. Saigon, 20.15.8, per picut pose to exin, a propagabo
Matinsserstire, ani, being i of 134 lbs. 1.0.b. Saigon, yen 9.55, oxtension of the use of potash. nor leal of 184 168. Lob. Saigon f'tilizers in fat Heptember/October o
Phad not h
cultures w 08
-0. ARTMA, N
* Manager. Hongkong, 20th August, 1925.
|
Podag
Fezang
Bombay
Djebar
Msouwar
Medan
Palembang
Pacalor gas
Prgtianak
Rangoon
Samarang
Shanghai
Boerabaja
That
Bomkarta (Sale)
Walterzedes
LONDON BANKERS:— National Provincial Bank, Ltd. Correspondents all over the world. BANKING BUSINESS OF EVER) DESCRIPTION.
M. J. HERBSCHLER
Agent Hongkong, November 4, 1994,
THE BANK OF TAIWAN, ETE.
(Taiwan Ginko.) -
Incorporated by Special Imperia Charter, 1898.
Capital Subscribed Capital (Paid-up) Reserve Fund
Ten 50,000 Yen 5,508 You 11,330,000
HEAD OFFICE: TAIPER, FORMOSA. ·
BRANCHES: JAPAN-Tokyo, Yolobama, Kəta
.. Osaka. FORMOSA. GEan, Kagi, Karmeli
Keelong, Makung, Nanto,.Piss Shinchiku, Taichu, Tainan, Take Tamani, Tohyen, Ako. CHINA. Shanghai, Hankow; & ACCE
"Foochew, Swatow, Canton....... OTHERS.Bangkok, Hongkong, Sliem
pore, Soersbays, Samaram Hataria, Bombay, London, York, Calcutta,
LONDON BANKEES: London County Westrainates
Pary's Bank:
Centres in the Europea Continent, Barth, Man oberia. Pagtao, Zápsa, Indo-Calia, Mami Bea › Palūppěna Léanda, Jars, and Dunk India, anny Calls Abraries, Adrien, da,
Interset allowed on Current Accounts;
Deposite në rates which will be quased o
HONGKONG BRANCHI
-3, Das Your Boad Carträt Hongkong, 5th June, 1984;
THE BANK OF CHINA.
(Spazially Authorised by FrücAcadia Mandala of the Repubie, of GC** on the 22nd of November, 1917),^ Authorised Capital
Paki-un Capital de 80,000,000
Eeserve Fund AAROVER 4 98329 ANG MA
HEAD OFFICE: PEKING.
BRANCH: 4. QUEEN'S ROAD CENTRAI Branches and Bub-kranches all ge China and Correspondents in Busve Amaries, and other parts of the world. Landon Bankers The National Frami The Guaranty Trust Company of Hem
dai and Union Bank of England)
New York Bankers: — The
National Banking Al The Equitably Texas Company?