HONGKONG AND SHANGHAI THE BANK OF EAST
SANKING CORPORATION,
HEAD OFFICE: HONGKONG, Authorised Chuita ... 152,000,000 Issued and Fully Puidup..820,010,000- Beeerys Funds—
Sterling.£1,500,000 Silver $35,500,000- Bosorva Liability of $20,000,000.
Propriacore..........
COURT OF DIRECTORS:
G. M. Young. Esq-Chairman, H. P. White, Eng.-Deputy Chairman. #. E. Bell, Erq, Ron, Mr. 4.0. Lang.
GM. Bernard, B. W. Pattendon. Haq, L. H. Cotton, A. Plommer, Eg. Lon. Mr. P.H. Holyoak! T. G. Wall, din
OHIEF MANAGER: A. H. BARLOW, Esq.
Manager: Shanghai-G. EL STITT, Esq.
LONDON BANKERS,
Westminster Bank, Ltd.
CURRENT ACCOUNTS opened in
ASIA, LIMITED.
HEAD OFFICE: HONGKONG: 10, Dan Vaux Road Central, Hongkong,
Authorized Capital ....$10,000,000 8,000,000 Paid-up Capital Reserve Fund................ 1,000,000
DIRECTORS: Hon. Mr. Chow Shou Son-Chairman. Fung Plog Shan Mok Ching Kong Li. Koon Chus Wong Yan Tong P. K. Kwok
Fuyuh Tai Ng Ching Tak Kan Ying Po Poug Wal Ting Chan Ching Shek
Every description of Banking and Los
Exchange business transacted. granted on approved securities.
SAFE DEPOSIT BOXES to let.
KAN TONG PO..
Chief ManagOT.
Hongkong, 18th February, 1998.
行銀商工法中
נ.
LOCAL CURRENCY and FIXED BANQUE FRANCO CHINOISE
DEPOSITS received for one year or aborter periods in Local Currency and Sterling on terms which will be quoted
application,
Hongkong, 201h, May 1925.
BONGKONG SAVINGS BANK NEIE basiness of the above. Bank la conducted by the HONGKONG AND SHANGHAI BANKING COR PORATION Rubermay be obtained on application.
INTEREST on deposita is calculated on the lowest balanso during osch gorn- ploted Calendar Month at 3 por cent. per annum. Should there be so balscoo on any day in a month no interest will be allowed for that mouth,
Depositors may transier at their option Balance of 8100 or more to the HONGKONG & SHANGHAI BANK to be placed on FIXED DEPOSIT 11 CURRENT BATES.
For the BornKONG. ♣ BALNOYIM?. BARKING CORPORATION,.
A. EL BARLOW,
Chief Manager. Hongkong, 7th January 1926
BANQUE DE L'INDO-CHINE.
HEAD OFFICE:
95, Boulevard Haussman, Paris,
Subscribed: Capital. Fra.. 72,030,000:00
pour le
THE CHINA MAIL.
COMMERCE AND FINANCE
LIFE ASSURANCE,
Some Colossal Facts.
at-
of
all
litlelans but still more by all
mer
RAMSAY MUIR. The Human Factor, in Busi
B Seebohm By Rowntree, Longmans. 2s. 6d.)
EXCHANGE.
Hongkong, Seth December, 1995. On London
Bank Wire,
Ov
* On demand
Ondoard
On Manila
On demand, Shanghai-
071
H
J
1464
under the rules of twenty. five
Thirty years ago." per cent. to-day's "busi- ness is enormously more than the whole of the business being Since the year 1762, when the written at that time. The Life Equitable Life Assurance Society Assurance scientists have opened
-- 90: day's sight of London, was established (or, the door to new possibilities, immense in their significance to.
4 months' right -34-1 more correctly, since a few years public and salesman alike.
Credits: 4 months night -3/6–) Documentary, 4 months sight 228–) prior to that date, when the idenTo mention but a few items:
Paris- of founding the society was first we have a tremendously increased On demand
1570 Öredita, & month!” eight .... 1890. conceived), a.
array range of plugs; great increases in great
Berlin- of brilliant mathematicians the limits isk; the acceptance,
On demand po under ratings of impaired lives; On New York- have concentrated their
assurance. without medicala demand
Credita; 60 days' Night ... 59f the science of Life examination; monthly payment tion on
Dn Bombay. Assurance. The Old Equitable plans by deduction from sulary; Wire
Cn demand! tas it is universally called) was group assurance; total disability the first Life company. to adopt assurance; double indemnity pro-On Saloutie
Wire visions; pension and annuity the principle of level premiums; plans, and improvements in the its calculations were based on conditions of acceptance of busi- what scant mortality statisticsness risks. And side by side with were available at that time, and this impressive record of practica!
accomplishment we have the re it established, the principles of moval of the fretting restrictions getting up reserves against its of the old days, and the substitu- Those prin-tion of privileges which can be future liabilities. ciples endure to this day, and adapted to the needs and "con- venience of any assurer, what- form the foundation upon which ever his circumstances.
The fieldman who affects to the vast fabric of modern Life Assurance securely rests.
regard the actuary as an academic The effort of the mathemati-gentlemart of harsh and uncom-dongkong Jah. Dolur."
promising temperament might cians for actuaries, as they had well pause to reflect upon this come to be called) daring the magnificent work. No Life Assur greater part of the nineteenth anec sulesman in the world would was largely directed wish to sell policies under the old Generale,
Banque century
conditions, and his appreciation establishing Nationale de Credit, Banque do towards
reliable
of the wider opportunity he enjoys Paris et des Pays Bas
mortality statistics, in order that to-day should take the form of LONDON: MitilmBank Ltd.
gratitude to the members of the Actuarial profession, at whose hands he has received it..
Commerce et L'Industrie (Incorporated in France).
Parla
5. Chater Road, Vietoria, Hongkong.
HEAD OFFICE: 74, Rus St. Lazare,
Capital
Fritt0000; Romero.............. Special Working, Capital T 50,000,000,
PATIA
Fire 30,000,000; ~~.
|
BRANCHES
Ivona
Palvon
Peking Canton
Shanghal
Musellies Hulphong. Fami
Tlorisin
Hongkong.
BANKERS:
FRANCE Sociate
Trtist Co.
NEW YOK Irving Bank Columbis the principles they had accepted ehould be applied to figures which correctly reflected actual mortality experience. A succession of efforts, patiently pursued over and entailing the many years, actual observation of millions of! lives, stand, and will stand, as a monument of painstaking en- deavour. Generations of actuaries. contributed to these undertak.
Every descriptira of Banking and Exetango Business Transacted Corre spondents throughout the world!.
A. ROLLIN,. Manager. Hongkong, 1st Domber, 1825.
Pald-Up Capital Frx. 68.400,000.00 THE CHARTERED BANK OF Reserve Fund... Frs. 69,837,283.54 INDIA, AUSTRALIA & CHINA.
BRANCHES:
Bangkok
Linuni
Pondicherry
Arambang
Bangkevag Pism
Mangizo
Shang and
Chanti
Nnamen
Singer
Papeto
Tlensin
bong
Peking
Antone
Paom-Path
Ten Xuanpiu
1...Bayard
די
KANKIRA:
IN VRANCE Comptoir National d Escompte de in Credit Lyonnais Banque de Paridet des Pays-Bas Cradit Imistrial at Caravela?
inter tonerna.
IN LONDON: The National Provincial Union Bank of England, Lab; Comptoir Nations Empte de Paris; Croil. Lyonnais
IN NEW YORK: J. P. Morgan & Co.; French American Banking Corporation;
Guaranty Trust Co. of New York.
Interest allowed on Current Acmants, and Fixed Deposit 'nocording to arrangiosent,
Every lesariptian of Banking ani Exchange Business transsted
A. LECOT,
Manngar.
Hongkong, 11th December, 1926.
NEDERLANDSCHE HANDEL MAATSCHAPPIJ
...(NETHERLANDS. TRADING" SOCIETY.).
BETANLANNED 1994. HONGRONG BEANOR Krrabinum 190.
Authorised Capital 3,350,000,000 £12,500,0
Fald-Up Capital.... 90,500,000 £ 8,568,871
Beverve Fund...G. 20,538,361 $ 1,711,408
Special Ederrer.... 22,880,000 1,588,
HEAD OFFICE:-Amsterdam. EASTERN HEAD OFFICE:-Batavia. BRANCHES- Banderasin Bandung Daletta
Djokaktarla
Cola Badja Padang
Petang Batterdam Singapore THE
Oheribon
The Hague
Magumar
Palembang
Bombay Djember Kobs. Medan Pacalongan
Bhanghai Sorinia Boerakarta (Fola] Tila
Wolseyreden
Pontianak Rangoon
Bamarang
LONDON BANKERS:- National Provincial Bank, Ltd. Correspondents all over the world. BANKING BUSINESS OF EVERY DESCRIPTION.
M. J. HERBSCHLEB,
Arent Hongkong, November 4, 1924.
THE
YOKOHAMA SPECIE BANK, LTD.
Established 1880,
·
INCORPORATED DY ROYAL CHARTER, 1858.
·HEAD OFFICE: LONDON.
Paid-up Capital Reserve Fund'
.£3,000,000 .£4,000,000
.23,000,000. FOREIGN EXCHANGE and General Banking business transacted.
Reserva Liability of Pro-
prietors
*INDUSTRIAL REFORM.
An Indispensable Business
Book,
Originally
work placed the Life Assurance ings the successful issue of their business under a debt of gratitude This is one of the indispensable that never can be repaid.
books for all who are interested While this afcod as the principal in industrial policy, which is per- work of the actuaries of last cen-haps the most vital of all politi tury it was by no means their cal issues. to-day, only work. Many other fields published soon after the.. war. a lead that might were explored in the evident de-when it gave sire to devise policies which could with advantage have been follow- be regarded as absolutely safeed in these years of reconstruc» · from the point of view of the tion. It has now been re-issued 'u assuring company. If this con- a revised form. No serious.. ception had its corollary in an student of modern politics can abundance of restrictiona and afford to be without it. It is £ limitations, the effort at least act-most happy blend of theory and ed as a much-needed corrective to practice; for, after laying down the gross speculation which had the principles of sound organisa- beemirched the early practice of tion, Mr. Rowntree proceeds to assuring lives. The lawyers were show in detail how they have been requisitioned to make contracts applied in his own works, and law-proof; the aid of the doctors what the results have been. He THE BANK OF TAIWAN, LTD. was invoked to guard the door of defines five essential conditions of
(Taiwan Ginko.)
CURRENT ACCOUNTS opened and FIXED DEPOSITS received for 1 year or shorter period at rates which will be quoted on application.
~
A. H, FERGUSON,
Manager. Hongkong, 15th April, 1925,
Incorporated by Special Imperial Charter, 1899,
Capital Subscribed Capital (Paid-up)
HEAD OFFICE:-Taipeh, Formosa,
BRANCHES:
JAPAN: Tokyo, Yokohama, Kobo,
not
admission. That door was a healthy industrial system: the opened very wide, and was re-worker must have (1) sufficient: morselessly slammed on the appli-wages to maintain a reasonable cant whose personal or family standard of comfort: (2) reason- record to the second or third able hours of work and good Yen 45,000,000 generation revealed any unworking conditions; (3) reason- Yan 89,875,000 favourable features.
able economic security through- While this concentration of out his working life and in old professional thought and effort (age; (4) a status (and a share of produced a restricted and un-control) suitable to men in a free sympathetic contract, it at least country in the twentieth century; produced one which was safe, (5) a share in the financial pros- FORMOSA: Giran, Kagi, Karenko, reliable and secure, and which perity of the concern in which he
Keelung, Bokoto, Nanto, Shin commanded and compelled public is
Mr. Rowntree engaged. chiku, Taichu, Tainan, Taka confidence. And as confidence is describes in precise detail how CHINA; Shanghai, Hankow, Amoy, an essential preliminary to a sale, these principles have been carried Foochow, Swatow, Canton. something had been achieved for out in Rowntree's Cocoa Works, OTHERS: Hongkong, Singapore,
Soerabaya, Semarang, Batavia, the salesman, even though he and with what admirable results Bombay, London, New York,, might have had some ground for not only for the workers but for Calcutta.
complaint in the arbitrary con- the concern. ditions embodied in the policies he had to sell.
Osaka.
Tamaui, Toyen, Heltob, Taitoh,
LONDON BANKERS: London County Westminster and
Parr's Bank.
The Drak bns Correspondents in the Commercis Centres in the European Continent, anda, a
ichuria, Tsingtao, Jajaa, Indo-China, Blum, India,
Phillippine Islands, Java, Africa, &c.
Internet allowed on Current Avocante, and' Fixed
Won
Tophate Et Files which will yo quoted on applies
T. TAKAGI
| HONGKONG BRANCH:
Manager.
8. De Vaux Road Central. --` Hongkong, lat November, 1925,
THE BANK OF CHINA. 行銀國中
On
demand...
30 daya' sight (privata pepar); On Yokohama
un daxiand' +04:
101
1147
Dom.
1381
31.11/10. 10 %pm.
sovereign (Bank's buying rate) 8.80
On demand Sure (per on)
Bar liver in Hongkong 8pm. Phinese Copper Cat Chinese Copper Can Rate of Naive Interest, o chine. Bub, Coin
ו
8.%. par. (17) %% dia.
ран
DECEMBER
NOW I WONDER WHO THAT CAN BE
Very often, this is your first thought when you receive a mwingy to call up such and such a telephone number. You can find out anally: from the Telephone Handbook which gives the numbers in the numerical order. You aimply turn the pages, And the number, and see who it is that has been calling you.
다
..". The Talephone Handbook can be obtained from the publishers, No. 5, Wyndham Street, price ona, dollar.
HONGKONG MARKET PRODUCE.
APPROXIMATE
Butcher Meat.
B
December 18, June, Juno,
RETAIL PRICES.
43 30 35
40 26 20:
Eggs, Han (cooking).......
Bggy, Han, (fresh)..
Fowls, Canton
Fowls, Hainan
Geeké
Poultry.
口味泰
· December 18, June, June,
1925. 1913 1914...
Gta. Cia. Ole
lb... 88 30
ERESHNER BEANERS*
60
28 80
70 29: 30
38. 22 21 esch 25
par oz. 30.
100
18.
2r
40 25 20
pair. $1.80-
22 $1.10.
40
1925 1918 1914
Clan Cták Cts:
Beef Sirloin
JB
30 24
12
Chicken
Prime Out
80
23
12
Capons, Small"
#
Corned
**80
23. 12
Capons, Large
Roast
20.
24-22
Duck
Broast
24 20 13
Doves
JJ
Soup.
22
20. 18.
11
Steak
· 36
24
29.
Stark Sirloin
Ib
"
и
Sausages
* 55 281
Bullock's Brains ....
por set 15
Tongue, fresh.
each. 90.
14
Tenguo, corned # Hend
10 12 60 60 60
45 24
Figeons, Canton
each
.80
"
Holbow
$2.50-$1.20
Heart
##
Hump, Salt
Feet
14.
lb. BA 13 14
each 9
20
Turkays, Turkeys, Hen Spipe...... Pheasant
Cock.
Ib. $1.00 90
each
10
Quail
Kidneys
15 10
Partridges
"J
Tail
80
20
+
质
Liver
Ib. 24 18
1
Trips
12. 8
19
55 26
FJ
Leg
#
".."55
20.
J!
Shoulder
羊羊
63 24
다
Saddle
#F
65.
40
H
Brains
Per set 5
Feet
Ib. 22 18.
Fry
40 15 18
Hoad
V
}
**
cach 1, 10 10
24 20
Heart
12.
ench 14 10. 10
"F
Kidneys
12 10
„Lemons (America)
Lichees, Dried
Liver
11.
1b.
62 90 24
Pork Chop
42 25 23
Oranges: (Canton Oranges. 1
et-
Log
45
Paars (Canton)
HJ
Loin
48 287 27:
Fat or Lard
80
21
Calver Head & Feet.... £} set. $1.20 $1.00-$1.00- Mutton Chep
Pig's Chitlings.
時
ال
a-pasaz g 4-|| |§715|8* x2 | & |
60 70
Sheep's Head & Fest. D per set 90
"
Heart...
Kidnega...
Liver....
Sucking Pigs, to order.
****
Barbel Bream
Canton Fresh
Water Fishi Carp
Catfish
Codfish Crabá
.7
1512-10-
器
28 - 20 1621
28 18
Almonds
Apples California). Bananas (bride's)
Carambola Coconuta Lemons, China
Peanutsj Persimmons, Large
Plantain Fumalo, Bian Walnuts
Grapes
Fruits.
Vegetables, &c.
Brinjals, Green ‚ş.......
Red
Cabbage Chinese:
esch 15.
TPI
55 24 $25)
25
2522
Veal
Suet, Boef
Mutton
Sausages
牛油
80
20
2624
4##
34.
20
40.
20 20
No. 1...
12
Artichokes
Fish.
Besnes, Sprout
28
10 24
20 .16
18 16
18 27 12: A 20:25
Long Best Root Bitter Squash.........
(Shanghai),
50-
Cane Shoots, bunch..
20
Cauliflower (Large).:
B5
(Medium
20 10 9
11
(Siniall)
10 8
Carrots
18
Celery, Chinese
10 13
Chilller, Dried
70 26 80
82
70
40:
24 18
16
30 22 18
28
18 23
86
18
90
22
24
28 20 26
86 32 29
18 2
20
22
14
20.15
Cattle Fish Dab Daco Dog Fish Bela, Conger
Fresh Water Yellow
Erogs Пигоира ✅Gudgion:
Mr. Rowntree scarcely grapples with the problem of wages, or Before the dawn of the present faces the proved impossibility of century, a new conception was paying a universal living wage sweeping through the Life Assur- sufficient for a normal family out ance business. The change came of the available income of the with the realisation that generous community. Nor does he give any consideration to the policy holder definite judgment on the question was not necessary incompatible of Industrial councils: "aný with proper protection to assuring definite conclusion, "he Bays. companies. What can we, con-must be the result of further sistently with safety, do for the experiment" But he is whole- public ?" "How can we make hearted in his enthusiasm for. Life Assurance, within the limits works councils, of which there are more effectively?" these were And he is now, after some hesita of good practice, serve the public fourteen in the Cocoa Works.
new and burning questions, to tion, a definite and convinced which the actuaries resolved to at advocate of profit-sharing, on tempt an answer. They already which (p. 168) he lays down very have largely answered them they sound principles: The scheme his Authorised Capital $60,000,000.00 are answering them every day.
firm has adopted should be care- Paid-up Capitai ...$18.278,600.00 Seventy-five per cent more fully studied. Much is to be Reserve Fund
$9,629,425.24 Life Assurance was written in learnt, also, from his description Monk Fish the United States and Canada of the methods adopted to give during the year 1994 than the economic security, additional to total business in force at the end that provided by the State insar- of the last century. New busi-ence schemes. But the most dis- ness is being written in the United tinctive and original part of his China and Correspondents in Europe, States at the rate of over a billion book (occupying almost half of America, and other parts of the world a month, and in Canada at more, the volume) is his description of London Bankers: The National Provin than two millions a day. These the remarkable work that has cial and Unsin Bank of England, Ltd., are colossal facts. Sometime, been done in providing ideal con- The Guaranty Trust Company of New
through another medium, we may ditions or work the spidance of New York Bankers: The Irving traca some of the reasons for this
Nations qued
Capital (full paid-up). Yen 100,000,000 (Epecially Author be a chin
on the 22nd of November, 1817),
Reserve Fund 201*****
Yes 88,500,000
Head Office:-YOKOHAMA.
Branches and Agencies at:
For bay,
Ynatos Apron
Calcutta.
Canton Changchun Dairen (Dalny).
Jamburg Jankow Barbie
Honoluin
·Zad Tum
·Karnoki Labe
Newchang.
New York
Osaka.
Peking Rangoon
Rio de Janabro.
Saigon.
Franciacio Seattle. Semmering. Shanghal Shimono ch Bingapore. Borabera.
24entat
Mandate of the Republle
HEAD OFFICE: 'PERING.
HONGKONG BRANCH:
· 4; Queen's Road Central. Bruncher and Sub-branches all over
The Equitable Trust Company of Now,
York
wish here
advantag
Herrings
Halbat. Labrus Loach
Lobitars Mackerel
Mall
Parrot Fish
Pika
尾肚 水
= AE DE AUTOR - ; AG ME BEES DEEL ALL BE DENK DE
水餃
89812eza sas
5688 21
כן*
Bed
Green,
Curry Stun, English Cucumbers
Garlie
Ginger, Young
Old.
Horseradish, Shanghai, Indida-Corp:
Lettuce i
Water, Chestnut
w Manda
Mushrooms, Fresh ́
Okroes
Onions, Bombay
20
*Pan
瓜
SHEBA ZEEL EEEEEEEECEDNE
珠芽晝紅黃芥林店 大中椒記靑青陈
桂林馬餘
each
12
24
1|9སབྷངa81,2262།LE
14:
5
nach 80
22.
15.
b
8 0
25
50 10
20 8 12
10 10 10
each
5
Los Angele
Tókro
Lyons.
Tainanfo
Interest allowed on.
Yanila
and Fixed Deposits.
Kagamit
Interest 'allowed on Om ZAR Esporita recebred for
bellay