Page

.HONGKONG AND SHANGHAI THE BANK OF BAST ASI),

BANKING CORPORATION.

HEAD OFFICE: HongKoma,

AUTHORIKRO_CAPITAL

$50,000,000

IWUAD AND FULLY PAID UF $30,000,000- BSERVE FUND

SILVER $26,500,000

STERLING 24,500,000

BESIVE LIABILITY OF

$20,000,000

PROPRITIORA

COURT OF DIRECTORS:

G. M. Young, Esq.-Chairman. H. P. White, Esq.-Deputy Chairman. W, IL Bell, Ex), Hon. Mr. Q. Lang: G. M. teraard, Bag, W. L. Patiendary Bay H. Compton, Baq. F. A, Plummer, Bog, Hon Mr.P.H. Holyrak: T. G. Well, Bag

4.

CHIEP MANAGER: A. H. BARLOW, Esq.

Hanager: Shanghai-G. H. STITT, Esq.

LONDON BANKERS.

Westminster Bank, Ltd.

CURRENT ACCOUNTS opened in LOCAL CURRENCY and FIXED DEPOSITS received for one year or aborter periods In Local Currency and Sterling en terran which will be quoted on application,

Hongkong, 20th, May 1026.

HONGKONG SAVINGS BANE

THE business of the above Bank is

conducted by the HONGKONG AND SHANGHAI BANKING COR- FORATION. Rules may be obtained on application

INTEREST on deposita in caleniatod on the lowest balanca during each com- pleted Calouder Month at 3 par cent. per aunom. Should there he no balance bo any day in a mouth no interest will be allowed for that month,

Dapositors may transfor at their option Balance of $100 or mors to the HONGKONG & SHANGHAI BANK to be placed on. FIXED DEPOSIT at CURRENT RATEE.

For the HoxON & SHANGWAY

Baxxing CouPOBATION,

A. E. BARLOW,

Chief Manager. Zongkong 7th. January, 1925.

BANQUE DE L'INDO-CHINE.

HEAD OFFICE:

03. Boulevard Haussman, Paris.

LIMITED.

READ OFFICE, HONGKONG.

18, Des Voeux Road Contral, Hongkong,

Authorized Capital $10,000,000 5,000,000 1,000,000

Fald-up Capital

Reserve. Fund.

DIRECTORS:

Hon. Mr. Chow Shou Son-Chairman. Fang Ping Shan Mok Ching Kong Li Koon Chun Wong Yun Tong

Huyuh Tal

P. K. Kwok

Ng Ching Luk Pong Wal Ting

Kan Ying Fo Chan Ching Shak

Loans

Exchange business tramacted. granted on approved securities. ...SAFE DEPOSIT BOXES to let

KAN TONG FO.

Chief Manager.

Hongkong, 16th February, 1995.

THE CHINA MAIL.

COMMERCE AND FINANCE.

The

SHORT TIME RULE.

COTTON MARKET.

Report.

Manchester Cotton Spinners. See Manchester Weekly Market

Need For Co-operation.

Manchester, July 16. Committee of the Master Cotton

The

gianlug figures up to Augustare 189,000 bales

TUESDAY, SEPTEMBER 22, 1925.

MILLIONS NOT CROSEN.

Proferred.

"Two or three decades ago," said the labe Sir William Traloar;

them seem, consciously-or' uns consciously, melancholy fellows."

TRUST COMPANIES.

Amalgamation Urged.

Osaka negotiations have been practically completed for the amalgamation of two, while similar plans are afoot among firms in Kobe.

against 22,000 bales only last The Life That Sir Willam Treloar year, and these are also consider `ed as bearish, Pricas have in consequence shown. a weaker tendency. It is to be noted, at the same time, that the spot a former Lord Mayor of London, August 12. demand at Liverpool'shows signs in the closing months of his life, followe

The Finance Department which The Bureau report on the of reviving. In the Manchester I might have become a million- authorising companies to engage D severe policy in Spinners Federation announce average condition of the Ameri- market there has again been no aire had I wished to give myself in investing money in trust, em- that an increasing number of can crop on the 1st of the month lack of enquiry for yarn and entirely to that sort of career." Lancashire spinners are giving has caused some surprise, but has cloth, but offers are slow in com- A record of this revelation is con- of companies in this line.

phasises the need of the merger their support to the short-time had little effect on cotton prices. ing up to the present level of tained in monograph on Sir

Jo Every description of Banking and movement of 38% working hours The condition figure is given as prices, which certainly appears to William by Mr. C. E. Lawrence.

per week, which was balloted for 66.6 against 70.4 on July 16. The be sound enough, in view of the "I could have arranged," ex- recently, 87.87 per cent. being indicated yield is the important poor basis on which spinners and plained Sir Willam, "for my now in favour of the arrange point, however, and this is given manufacturers are working. ment as against 84.7 per cent."ant 13,566,000 bales, exclusive of rather better turnover has been hill to the West End. I could A shop to be moved from Ludgate week ago. Those against, of linters, against the previous arranged, but it is still dia have formed my business into a in operation in this field, capitalia- At present, 33 companies are whom many are doubtful, repre- estimate of 13,588,000 bales. sent 7.37 per cent., while 4.76 per was this small reduction which markets. Spinners appear to be should have profited rather more about 20 had been organised It appointing from the Far Eastern limited liability company, Ied at Y186,300,000, of which cent. have not replied.

was unexpected, and temporarily improving their position again, than appreciably. The committee also report that caused an upward movement, owing to short-time working, and could have become a peer.

I daresay I before the Trust Company Law a very satisfactory response had Later, however, it was recognised will no doubt again absorb any "But I was persuaded into these carry 60 to 70 per cent. of came into force last year, and been received to the request for a that conditions have improved fall in cotton prices if they main municipal affairs. Next came total deposits in trust. The terms full day's stoppage in preference considerably since the report was tain their present hours. Ameri- the beginnings of the Cripples offered by trust compare favour- to equivalent working and they compiled, and as crop news con- can yarns are about d. per lb. Home, and I was shown that joyably with returns obtainable from Confidently expect that the move-tinues to be favourable, a yield of lower, and Egyptians are un- had nothing to do with a large deposits in banks, which a short ment will receive still stronger at least 14,000,000 bales, exclu- changed to 1d. per lb. down. For fortune. support. A return is expected to sive of linters, is expected. India, dhooties and fine whites Ludgate hill, became more and Finance Office to extend the mini- So I remained In while ago succeeded in getting the be made by every firm concerned

have been in most active request, more closely connected with the mum period for trust from one to showing the amount of time

but there has also been a very City administration, and did what two years. But there is little in- stopped between Monday and

general enquiry, China has not I could for Saturday in each and every week,

got beyond enquiry except for a when I die, many people will say, off from the banks in that direc- the cripples. Now dication of deposits being drawn and firms are expressly required

few odd lots of fancy styles. For 'I should have thought the old tion. At the end of November to furnish these weekly returns,

South America and the Continent man would have left more money. 1924, money in trust with these even though no stoppage for

a fairly good business has been What does it matter? short-time has taken place in any

arranged..

I have companies totalled little more known millionaires, and some of than Y184,000,000.. particular week.

司公理管業實法中

SOCIETE FRANCAISE DE GERANCE.

DE LA BANQUE INDUSTRIELLE

DE CHINE. ETABLISSEMENT FRANCO

CHINOIS. (Incorporated in France).

6, Chater Road, Victorin, Hongkong.

HEAD OFFICE: 74. Rue St. LasarY, Parin.

Subscribed Capital fully

paid-up Reserve Fund

Frs. 10,000,000 Fre. 10,790,000

Working fund provided by THE BANQUE INDUSTRIELLE DE CHINE. Fr. 50,000,000,

BANKERS:

Paris: Societe Generale,

Sir Charles Macara, presiding at a meeting of the provisional emergency committee, held in Manchester on the day the ballot result was announced, said the cotton trade had again been allowed to drift into about as serious a position as it had ever been in. Owing to the cnacella- Trustion of orders resulting from the

Banque Nationale do Credit, Banque de Paris et des Pays Bas. Londoa: Midland Bank, Ltd. New York: Irving Bank Columbia

Co.

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

A. ROLLIN, Manager. Hongkong, 2nd August, 1925.

Subscribed Capital. Fr. 72.000.000.00 THE CHARTERED BANK OF Paid-Up Capital .... Frs. 68,-100,000.00 |

INDIA, AUSTRALIA & CHINA. Reserve Fund

Fry, 60.687,283,54

BRANCHES.

Nouri

Balcon Shanghai Singapore

Zangkok

Hongkong

Butambaye

Mengim

Canton

Filmonti

Halphong Asako

Рязанове Peki

Than Win TOLTADO Yunnanla

Prom-Penh Foodicherry BANKERS:

IN FRANCE Comptoir National d'Escompte do Paris; Credit Lyonnais Banque de Paris et Im Paya-Bor: Credit Industrial it Commercial Velets Generals.

IN LONDON: The Nations Provincial d isa Bank of England. Lik; Demptoir Sellonal d' Escompte de Paris: Ordit Lypanzis IN NEW YORK. P. Morgan & Co cach American Banicing Corporation; waranty Trust Co. of New York.

inis,wt allowed on Current Accounts and Torad Deposits scoording to arraYLERAS UN É

Amey dioription of Banking and Exchange Gainese izunga sted

A. LECOT,

Manager.

Hongkong, March 20, 1924,

NEDERLANDSCHE HANDEL MAATSCHAPPIJ.

(NETHERLANDS TRADING SOCIETY.)

BESAR.1215 1834. Honszone Branın Üstanzesen 1908,

Anthorised Capital 13, 180,000,000 £1,800,

Pak-Up Capital .....62, 36,000,000 £ 6,658,871

Beserve Fund.... 30,56,861 1,711 Special Estarve.... von 2 1,588,330 HEAD OFFICE:-Amsterdam. EASTERN HEAD OFFICE:--Batavia: BRANCHES:- Bendjarmasin Bandoeng Bambay Dalentia Überlbou Djember Djakjakarta The Hague Kobe

Moosers Madan

Fecaloogan Rangoon Rotterdam Hemarang Shangha

Xota-Badja

Padang

Palembang

Penang

Pentlamas

Hingapore Boerabais Tigal

Boerakarta (ť pia) Jilatjay Waltoyroden

LONDON BANKERS:- National Provincial Bank, Ltd. Correspondents all over the world. BANKING BUSINESS OF EVERY

DESCRIPTION.

M. J. HERBSCHLEE,

Agent. Hongkong, November 4, 1924,

THE YOKOHAMA SPECIE

BANK, LTD.

Established 1880.

Capital (full paid-up).. Yen 100,000,000 Belorva Fund

Yen 88,500,000

Head Ofco:-YOKOHAMA

Branches and Agencies at:

Batavia.

Nowchwang

New York

Rangoon

Farction (Hindin). Bia Kranea

Bombay.

Buenos AyTES,

Conka.

Calcutta.

Peking.

Canton.

Changchun.

Rio de Janeiro.

Dalron (Dalny),

Balgon

Sonttin

Farbin

Semarang. Shanghat

Tel Yuen Karachi,

Singapors.

Hamburg.

Hankow,

Honolulu.

London. Los Ang

ве

political unrest in China-Lanca had been increasingly evident that shire's second largest outlet-it

some very drastic restriction of output should be made, and for that reason alone the trade ought in have taken prompt action earlier. The committee, said Sir Charles, regarded the happenings in China as a particularly valu able demonstration of the oft- repeated contention that con- tingencies of this kind could not be successfully coped with until statistics of production, con- sumption and stocks were forth- coming. The value of these statistics could not be over- estimated, and the committee were strongly of the opinion that FOREIGN EXCHANGE and General they ought to be secured, and, if

INCORPORATED BY ROYAL CHARTTE, 1859.

HEAD OFFICE: LONDON.

Paid-up Capital

Reserva Fund Reserve Liability of Pro-

prietors...

£3,000,000 .£4,000,000

.£3,000,000

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. H. FERGUSON,

Munager. Hongkong, 15th April, 1926.

-

necessary, by legal enactment.

AID COTTON GROWING.

New Form of Contract.

The "London Economist" notes that the directors of the Liver- THE BANK OF TAIWAN, LTD. pool Cotton Association have,

(Taiwan Ginko.)

Incorporated by Special Imperial Charter, 1899.

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

Yon 60,000,000 Yon 62,500,000 Yen 12,980,000

HEAD OFFICE: TAIPEH, FORMOSA.

Linters are, of courac, reckoned in consumption figures, so that with about 800,000 bales, the same as last year, the total avail- able would be near 15 million bales. It will be seen that a big yield is still possible, and under present conditions is. not unlikely,

عرکہ

Seef Sirlolo-Ngau Mel Pa

Prime Cut

17

Corned-Ham Ngan Yak

Breast-Ngau Hong

11

Roast Shiu Ngau Yük

14

Soup Tong Yuk

1)

Steak-Ngau Yak Pa

Steak Sirloin-Ngau Lau

· Sausages--Ngua Cheung Bullock's Brains -Ngau No

H

1

1

IN

HONGKONG MARKET PRODUCE.

Tongue, fresh-Ngou Li

Tongue, corned-Kam Ngau Li.

Head-Ngau Tau

APPROXIMATE RETAIL PRICES.

Chicken--Tai

CLA 31

28 30

Poultry,

Sept. 16, June, June 1925. 1918 1914.

CIA. Cla

70 30

45

55 28 80

96

22

each 38 22

21. 21

per oz. 40

18

新鮮鵝蛋

65 25

***

36

40

30

-$1.20

Capons, Small-Sin Kai

Capons, Large-Sin Kai

Duck-Ap

Doves-Pan Kau

Eggs. Hen-Kai Tan (cooking)

Eggs, Hon-Ha! Tan (fresh)

Fowls, Canton-Kai

Fowls, Hainan-Hoi Nam Kai Geore--Ngo

Pigeons, Canton-Pak Kap

Hoihow-Hoi Hau Pak Kay. Tarkaya, Cock-Fo Kai Kung Turkeys, Hen-Fe Kal Na Snipe-3ha Taxi

Pheasant Shan Kai

Quall-Om Chun Partridges-Che Ko

Butcher Meat.

Sept. 10, June, June 1025. 1818. 1914.

CLA

Cta.

牛尾把

lb.

36

24 12

36

P3

咸牛肉

84

焼牛肉

36

J

牛鹦

32

17

H

28

牛肉排

86

牛柳

60

+1

牛腸

40

牛腦

per set 15

牛腩

each 90

碗牛肉

牛頭

80

J

Hear Ngau Sam

F

Hump, Salt-Ngau Chun

4 0

24

30

Feet-Ngaz Keuk

Kidneys-Ngau Yiu

each 12 15

Tail-Ngno Met

30

"

Liver Ngau Kon

lb. 24.

F

--

Hutton Chop-Young Pel Ewat Leg-Yeung Pet

Calves' Head and Foot-Ngau-tsai-tan-

keak ...

Trips (andreased)--Ngan To”.

11

8

4

set $1.20 $1.00 $1.00

羊排骨

55

56

P

52 }

56

>!

Pig's

Chitlings-Chu Chong

35

Brains--Chu No

# B

per set 3

Feet-Chu Keuk

jb. 18

"

Fry-Chu Chap

## ft

30

H

Hoad--Chu Tou

猪類

24

Heart-Ch Sam

# 0

each 15

77

Kidneys-Cha Yiu

12

Liver-Chu Kon

猪肝

43

猪排

42

48

$0

Set

75

each 15

15

56

25

36

"

Shoulder-Young Kin

Saddle Yeung On Yuk

举手 羊鞍肉

# #

猪脚

Pork Chop Chu Pai Kwat

Leg-Cho Pel

11

>

Loin-Chu Hau Tun

Fat or Lard-Chu Yau-

taken action which will probably have important bearing upon the. development of cotton growing in the British Empire.

Con- tinuing. "The Economist" says:- "For a long time a committee of the association has had under consideration a new futures con-

which tract against

outside Sheep's. Head & Fest-Yeung Tau-Keuk growths of cotton other than

Heart-Yeung Sam .... American and Egyptian can be

Kidneys-Young Yiu tendered. There have been many

Liver-Yeung Kon difficulties in the way, but the nembers of the association have now adopted a new form of futures contract entitled 'The Empire and Miscellaneous Cotton CHINA. Shanghol, Hankow, Amoy. Delivery Contract,' against which

Foochow, Swatow. Canton. | OTHERS.—Bangkuk. Hongkong, Singa-all growths of cotton not lower Samarang, than the grade and value of strict' Batavis, Bombay, London, New low middling American cotton York, Calcutta.

may be tendered, the contract only excepting certain grades of Egyptian cotton tenderable on the present Egyptian futures con- tract.

Osaka.

BRANCHES. JAPAN, Tokyo, Yokohama, Kobe, FORMOSA - Ciran, Kagi, Karenko, Keelung, Makang, Nanto, Pinan, Shinchiku, Taichu, Tainan, Takow, .Tamaui, Tohyen, Ako.

pcrc,

Socrabaya,

LONDON BANKERS: London County Westminster and

Parr's Bank.

Cartres in the Zuropass Continent, Binals, Man

Sucking Pigs, to order Cho Teni .... Suet, Beef-Shang Ngau Yau

Mutton-Shang Yeung Yau Veal-Ngau Taxi Yuk

Sausages-Ngau Taal Cheung

Н

Barbel-Ka Yu Bream-Pin Ya

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24. 24

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燕(山香蕉

10

14

12

each 14

10

*

lb.

each 9

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25

(新會甜挫

Almonda-Hang Yan

Apples (California), Kam 3ban Plog Ko

Bananas (bride's), Macao-San Heung

Chia

Carambola-Yeung To

Cocounter In Thẻ

Lemons, China-Ning Mung

Lemons (America) Kam Shaz Ning Mong & Lichees, Dried (small stone) Lai Chi Ken Oranges (Canton), Sweet-Shan-sheng

Tim Chang

Oranges-Tim Chang

Pears (Canton), Copking-Sha Li Peanuts-Fa Shang

Persimmons, Large-Hung Tae

Plantain Tai Chiu

Pamelo, Slam--Taina Lo Yan Walnuts-Hop To

Grapes--Po Tai Tiz

No. 1

Fish.

lb. 28 19 24

36

20

164

Bitter Squash--Fu Kwa

糖(名雄號)

Yo 水魚 海鮮

Canton Fresh Water Fish-Hoi Sin

Carp-L! Yu... "The importance of this deci- Catfish-Chik Tu The Bank has Correspondante in the Commision is that a hedge in the futures Codfish-Mun Tu chura, tao, Japan, Indo-Chin, Bia, India, market is now provided for Crabs-Hal Philippiactandi, JAYA, And Dutch ladies, Asstralia, America, Africa, &c.

growers and importers of Cuttla Flah-Muk Yu Empire cotton, and it is expected Dab-Sha Mang Yu that this will greatly benefit Daco-Wong Mei Lap cotton-growing in the British Dog Flab-Tit To Sha Empire. The contract

came Eels, Conger-Bol Man into force оп September 1 for delivery of cotton in October and onward. Trading will be in multiples of 550 bales (containing 24,000 lbs. of cotton)."

In taras allowed on Current Accounts, and Fix Deposits at rice which will be quoted on apple 2. YAMAMOTO, *Manager.

HONCHONG BRANCH:

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

THE BANK OF OHINA.

行銀國中

(Specially Authorised by Prouidentia!

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

Paid-up Capital Reserve Fand

THE STOCK EXCHANGE.

There is a feeling, no doubt,

$60,000,000.00 that it is undignified to copy

+

Fresh water-Tam Shul Yo Yellow-Wong Sin Frogs The Kal Garoupa-Shek Pan Gudgeon-Pak Kap Yu Herrings Too Pak.......... Halibut-Cheung Kwan Kip Labrus-Wong Fa Ya

Loach-Wa Tu........ Lobsters Lung Ha

$18,878,600.00 America. That spirit was all Mackerel-Chi Yu..........

$ 9,529,425.24 | right in the time of Sir Richard Monk Fish-Mong Ya

HEAD OFFICE: PEKING.

'HONGKONG BRANCH:

* 4, Queen's Road Central.

America, and other parts of the world.

Grenville, but Sir Richard was

fighting against the dons and

grandees of Spain. We, on the

Mallet-Taxi Yu

raters-Shang Ho...

Farrot Fish Eai Kung Yu

other hand, are competing against Perch-Tau Lo

Branches and Sub-branches all over New York, which city has behind Pike-Fa Pau Fong Ching and Correspondenta in Europe, it all the wealth, power, and Place Pan. Ya London Bankers:-The National Provin astuteness of Israel, and unless Pomfret, Black-Bak Chong

cial and Union Bank of England Ltd. we introduce modern-day methods Pomfret, White-Pak Chong **** The Guaranty Trust Company of New we are going to lose our financial Prawas-Ming Ha

York New York Bankers: The Irving a very serious competitor in the Rock Fish-Chek Kau Eng

position, "Already New York in | Bay-Pai Pa Slia

The Eqptable Trust Company of New foreign bond market.

York

There in only one way to Salmon-Ma Yau broaden the. London StockShark-

National Bank on

Interest allowed on Current Accounts Erythe

Bosch Chun Tu

a markets, and that is by: Data

and Wind Eleguaita "Darzda bis applica: Lattracting the vast English,

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Vegetables, &c.

鴉芝竹

each

lb,

.5

30

each

4

10

11

8

80

each

竹菜角叫瓜 瓜茶來花花花饼干椒椒料瓜煞

85 32 21 30:20 28 28

24 18 2

Artichokes-Ah Chi Check

Beans, Sprout-Nga Tso

Long-Tau Kok

Beet Root-Hung Tsol Tau

Brinjala, Green-Ching Yun Kwa

Red-Hung Kot ...

Cabbage, Chinese (common)-Kai Tsol.

(Shanghai)-Ye Tsol

Cane Shoots, bunch-Kau Shan

Cauliflower (Large)-Ye Taol Fa (Medium)

(Small)...

Carrots-Kam Shun

Celery, Chipcso~~~Tong Kan Trol Chillies, Dried-Lat Chin Kon

Red-Hung Fu Chiu ..

Green-Ching Lat Chiu

City Stuff, English-Ka Li Chu Lu

Cucumbers Ching Kwa 2,

Garlic-Sun. Tau......

Ginger, Young-Sun Tsa Keung.

Ginger, Old-Lo Kang

Horseradish, Shanghai-Lik Kän Indian Corn-Shak Mai

Lettuce Young Shang Tsol, Water Chestruta--Mi Tai un

Mandarin-Kwal Lain

Mushrooms, Frish-Shang Tao Okrom

Onions, Bombay-Tomg Chang Tan

in-Shẳng. Chang

Sheung hot Cheng

#

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