DECEMBER
HONGKO BAN
HEAD OFFICE
Authoriad Capital
sued and Fully Päid up. Resári Eands:-
Sterling....44,800,000 Milyar.....$36,500,000 Reserve Liability of
Proprietor £
$30,000,000
COURT OF DIRECTORST Q.M. Young Bag --Chairman, EF. Walte, BaqrDeputy Chairs M +f. H. Ball, Bequ |Hon, Mr. A. O. Lang, 10. Misarnard, Ein. Wol, Puundu, Pra
B.Common. Bar J. A. Plammer, fing, Conde, PH. Holyoak: T, Q., WM14, Kace
-
CHIEF MANAGE":"
AH. BARLOW, Feq,
Manager: Kiringbal—G. H. STITT, Raq.
LONDON BANKERS.
Westminster Bank, Ltd.
THE BANK OF 1 ASIA, LIMITE
HEAD OFFICER, HON 10: Don Vaux Bond Central,
Authorised Capita}• Paid-up Capital. Reserve Fund
DIRECTORS:
Bon. Mr Chow Shop Son-Chairman..
Fong Ping Shan Mok Ching Kong Li Koon Chung Wong Yan Tong P. E. Kwok Fayah Ng Ching Lak Kan Po NC Ting Chair S
Every
description of Banking, and Exchange business transacted. Loans crantert on approved securitie
SAFE DEPOSIT BOXES to late.
KANTONG PO,
Chief Mariager. Hongkong, 16th February, 1925
CURRENT ACCOUNTS opened in LOCAL CURRENCY and FIXEDBANQUE
DEPOSITS recolved for one year or shorter periode ‘In Local Currency 'and Sterling on terms which will be quoted ra_application.
Houkkode, 2001, May 1925.
HONGKONG SAVINGS BANE,.
TEE: bustness of the above Bank in
the world should be reminded Carroll Bros: have re-fla Lions and flexibility Cable from Singapore
commodifies anti
that the rabber market vices and everything else, are of
is active and stating that the price high economic value, being, in
are
Straits.
Credits: Documentary,
On demand Oradite monias. Du Berlla
On demand a New York- On demand Credita, 60 dar on Bombay
Wire
of raw rubber 151.67 per lb fact, the indication to producers The Gidnenly Plantations Ltd and merchants and everybody else. has declared a 80 per cent.. anal as to what things are plentiful dividend for account 19 5 and a and what things are scarce, so 10 per cent. Interim dividend for that capital and labour may be account of next year.net
set to work to supply those things The latest quotations by cable which are shown by rising prices to be wanted. The desire to stabilize everything is a natural reaction after the monstrous Auctuations which followed the abuse of the printing-press by all the governments because they had not the pluck to tax their citizens sufficiently during the war Banow that that miser-On is poro abid folly is at an end, for the Un demand time Being a little attention to. Un Manila
On demand the merits of fluctuation would On Shanghal nok be out of place.
Prices Allenbys
$375
Alor Gajahe,
3,60
行銀商工法中
Ayer Moleks
3.60
Ayon. Penam
10:50.
Balgownies
***6·50·
Bassetts...
185
Brogas
2.05.
Bukit Jelotongs
t: 5500
Bukit Katile
1.90
"Changkat Serdan
Connemaras
3.20
Glenenlles
3.50
Indragiris
FRANCO-CHINOIS
pour le ra Commerce et Industrie (Incorporated in France).
5. Chater Road, Victoria, Hongkong.
READ OFFICE: 74, Rná 8t. Laxáre,
20.000,00N:
conducted by the HONGKONG [Capital ...... AND SHANGHAI BANKING COR PORATION Balse may be obtained Special Working Castel Fre50.009,000, on application.
INTEREST on deposita-is-onlonlatod -on the lowest balanos during each; com. plated Calendar Month at 9 per osat per annum. Should there be no balor on any day in a month no interest will be allowed for this month,
Depositors may transfer at their option Balance of $100 or more tơ the HONGKONG & SHANGHAI BANK. to be placed on. FIXED DEPOSIT st DURRENT RATES.
For the HorákÓNG, JO BILANUOLAT | BANKING CORPORATION):
A. E BARLOW,
Chief Manager
Hongkong, Tth, January, 1925.
BANQUE DE L'INDO-CHINE.
HEAD OFFICE:
90, Boulevard Hansemen, Paris,
Subscribed. Capital 7 Frm. 72,000,000:00
Jerama
Jimahs
1005
60:
1.90
BS
Fre 11:180 000,
Kedaha
4.75
Kempas.
11.00
Kuala. Sidima
"Lunas
19:55
BRANDILES
Paris
lord Millen
Malaka Pindas
3'80
Plann
Halphong Hanat
Majakoffs
Peking
Whigha Tientaln Ingkong:
Mandai Tokongs
Mayfields...
New Craigeleas
BANKERS:
New Serendaha
Nyalas
Pajama.
Punggors
go,
Sandycrofts
5:25
Sendaisy
460
Sungei Bagans
6:00
Tapaha ......
3:32,50
Tambalaka
1.95
Teluk Ansons
18.50
United Malaccas 1
Utan Simpang
3.65 5:75
FRANCR Horiek · Önnering Banque-
Nationale - de -Credit, Banque “də. Parlu et den Paya Bas." LONDON - MUdkan Bank Ltd..
NOW TV K- Tring Tank Columbia
1
Brust Ch
Every descriptira of Banking and Exchange Rusiness Transacted. Corre spondents throughout the world.
"A. ROLLIN,
Managen. Hongkong at December, 1935,
Pald-Up' Capital 25.88,400,000.00 THE CHARTERED BANK OF Esate Fund Fr 59,607,288.54 INDIA, AUSTRALIA & CHINA.
4
BRANCHES:
Bangkok Hins
Pattambang
inton
***hout.
Hongkong Menta -Neamen
Pawlicherry
Faigon Aling hai
Singapore
Tientaln
Poking
Teuras
Prom Punk
Varnafu
BANKEKA
rt-Fayard Pa
bong
Hukow
FRANCE Comptoir National d'Escompte do aris; Credit Bymondig. Banque de Paris et des Paya-Baa; Credit, Industrial et Commercial *F÷ciale Generale. Ak
IN LONDON: The National Provincial & Union Bank of Palend. Lid Comptoir National Escompte de Paris, Credit Lyonnais IN NEW YORK: JP Morgan & Co. Frenat American Banking Onoration; sarenty Trait Da. of Tar. Tarte
Interact allowed on Uurrens: Annarita and. Fixod Dapil coording 'in serangeinent.
Every lescription of Banking and Exchange
A. LECOT,
Hanager'
Balness transored
Hongkong, 11th December, 1995;
NEDERLANDSCHE HANDEL MAATSCHAPPIJ.
'(NETHERLANDS. TRADING. SOCIETY,)
J
Ketanasio 1834. Homecome Examow Extantinsen 1900,
Authorized Capital Ù,150,000,000 £12 500,001 Pald-Up Capital..., 86.000.000 36.668271 | Berre Fund. 0,26,361 2-1711,400
Spedal Boorvi...0, 22,660,000 £ 1,98,38
HEAD OFFICE:Amstardanz” RASTERN HEAD. OFFICE:---Batavia.
BAD BRANCHES:-
Bendermata Banding Bombay
bariben
The Hague Lood
Ostartin
Djember
Do'tkaria
Kota Ban tha
Pining
Bostarda
alingspore
Macsar
Palembang
Panamak
Mechan Pacalongan Hangoon
Barsarang Shanghai Boarabais Boerakarta (8så
Weltevreden
LONDON BANKERS:— National Provincial Bank, Ltd. Correspondents all over the world. BANKING BUSINESS OF EVERY
DESCRIPTION. '@
M. J. HERBSCHLEB,
Agent. Hongkong, November 4, 1924. -.
THE
YOKOHAMA SPECIE BANK LTD.
Established 1880. .
Capital (full paid-30).. Yan100,000.00 Esserve Fund w
Tam; 65,500,000
Head Offst-YOKOHAMA,
-Branches and Agencias ati
Batayin.
Bombay.
länenos Ayres. Calestia
Canton
Changchun
Dairen (Dalny).
-Vengtien, (Mukden)..
Tamburg
Hankow.
ffarbin. Honolulu,
Kal Tuss
Newchwing
New York..
Osaka.
Peking
Rangoon.
GOLD BASIS.
Stabilization May Be Overdone.
མ་
On deman
On det
(30 days' night (private ya por)
Se
MIPAIKO
AL
p
in Benglong China Copper Cash - 10 % pa. Phiners Copper Conta
in Subs Cota Rate of Native Insorori, nou
37 longtops ruh, Outor.
NOW I WONDER WHO THAT CAN BE
often this lp your first thought when you receive. K MEREKTO
call up much and moch a telephone number. You can find out sanity the Telephone Handbook which gives the numbers in the numerical.
Kou simply turn the pages, fund the number, and non who is d 5 has been calling you?
Handbook can be obtained from", the dham Street,
one doll's
HONGKONG MARKET PRODUCE.
Prime Cut
Corned
Ronst
Breart
Soup ...
Steak
Saa
The English writer quotes an American to back up his position, reminding us that Dr. B. M. Anderson, economist of the Chase National Bank of New York, has said on this subject¦---
The Important thing is to have open markets with flexible prices and flexible costs. It is through 6:25 the machinary of fluctuations in 1.15 prices and costs that the industry.
·15:00-
of the world is kept in proper 2.00.. balance and that the markets of -575 the world are kept clear. High 1:46.50
fixed wage rates are of no advan 1625XD tage to labour if business men can not afford to hire labour" at. those rates and can not market. goods produced by labour recaly- |ing thomcrates. Labout simply re- mains unemployed or employed on part time, Lower wages at which there is full employment Beef Sirion Jace more advantageous to labour. Fixed high prices supported by combinations. among competitors. buttressed by fariffs and sustain- ed by large bank loans at low wages, are of no use to business. men, unless goods move, at those So much has been said of late prices. Right prices are prices. about the merits of stabilization which will move goods and clearBullock's Stains: that Mr. Hartley Withers, the the markets. Right wages are English financial writer, former wages which equilibrate supply editor of the London "Economist," and demand in the labour market says in an article in The Com-and keep labour fully employed. mercial and Financial Chronicle" This seems "horge sense that there is some danger of Mr. Withers, particularly as Dr overworking the principle and Anderson is. careful to add that applying it where it is unpaces "there is room for the play of sary and harmful." Now it is a moral and légal actors in wage very fine thing for the nations to determination, since the theory of atabilize their currencies on a gold wages can not be purely a market cave basis, as they were stabilized be theory, and in view of the had Matton fore the war, but here "come cial weakness of the wage earner preachers, who shout at us that as compared with the employer. At the this is not enough," and that each this clearly must be so nation should go stabilize its cur- same time Dr. Anderson is quoted Pig's Chitinga rency as to prevent. fluctuations as saying: Wages can not be. in the general level of prices permanently maintained at levels within its borders, and who even which exceed the value of the THE BANK OF TAIWAN, LTD. say that the prices of the chief Inbourer to the employer; wages
(Taiwan Ginko.)
commodities be themselves stabil "came out of product." And then ized, so that producers "may Mr. Wilters concludes: know exactly at what price they Freedom in price movements, will be able to sell next year's based on the free movement of Crop or output, or whatever it goods and men and capital from maybe In the meantime, one industry and one country to trade unions try to stabilize hours another would mean new life to and wages, and employers for Industry and trade, domestic and example in connection with rub international. As -it Is, trade ber and coffee-try to control unionism atops the more output and sales so as to stabilize men from oneindur prices and profits." And govern- and by Btandard ments even lend their influence, it makes flexibility imp
· INCORPORATED BY ROYAL CHARTER, 1858.
HEAD OFFICE: LONDON,
N
'Paid-up Capital.
Reserve Fund Besarve Liability of Pro
prietars
,28,900,000 £4,000,000 £8,000,000
FOREIGN EXCHANGE and General Banking business transacted..
CURRENT ACCOUNTS opened and FIXED DEPOSITS recived for 1 year or shorter period at rates which will be quoted on application.
"A. H. PERGUSON, Mariager. Hongkong, 18th April, 1925.
Incorporated by Special Imperial"
Charter, 1800,\"
BRANCHES:
Capital Subscribed: Yen 45,000,000 Capital (Paid-up) reve Yen 39,315,000
HEAD OFFICE: Taipeh, Formosa,
JAPAN:-Tokyo, Yokohama, Kobe,
Disk. FORMOSA: — Giran, Kagi, Karenko,
• Keelung, Bokoto, Nanto, Shin- chiku, Taichn, Tainan, Takao, Tamsol, Toyen, Heltoh, Taitoh, CHINA:—Shanghal, Hankow, Amoy, Foochow, Swatow, Cantonment, Singapore,
Batavia
OTHERS: York,
Soerabaya," Batibay, Calcutta.
LONDON BANKERS; London County Westminster did
Parr's Bank.
The Bank bai. Correspondente in the Commercial Clestyam in Case European Continent, Buses, aq 'psaria, Talogtao, Japan; IndoChina). Siam, India,
Philippins Inlandi, Zara, Azrica, ko
Intársat silawed og Oortant AssosuITA, BEST BUENA Deposits a rater which will be quaied, in appllome
T. TAKAGI
Manager.
HONGKONG BRANCH:
8. Das Vanx Road Central Hongkong, 1st November, 1925
THE BANK OF CHINA.
(pecially Authorised by Presidential Kasdata of the Rapabila of. Obten th, on the 22nd of November, 1917), Authorised Capital: Paid-up Capital Reserve Fund
HEAD OFFICE:- PEKING.
HONGKONG ÷BRANCH:..
The Nati
Baik ož
.:
NERVE, ENERGY AND
Depend Largely Upon Tha
Football Play Tells How
Through
The athlete who
palpating
strength, of many and chṁmi WW DRY in the prop
APPROXIMATE RETAIL PRICES.
Butcher Meat.
December 18;
¡1925.
Due
Tongue,
Tengue
Head
Türk
Heart
to
Feet
Should
Saddle
"Almin
Applen Calls
Bananas: Chr
Brainer
- TJ
Fest
Fry
N
Held
Heart
Kidneys
Carambol
Cocoanu Demon
Lamo
Laver
Pork Chop
Tag
Loin
Fat or Sheep's Heid &
rear sucking
Bart, Ber
24.
Poultry
ecember 18, June, Junk
1925 1918. 1914
Vegetables,
Bitter Brin
Cabbage,
~Cane Shoots, htin Caulifower (1)
Celery Chi
Cailles, Dri
(Stall)
LEKARNE KRERN.
6028
BO 28:30