HONGKONG AND SHANGHAI THE BANK OF EAST
BANKING CORPORATION::
FEAD OFFICE: HONGKONG.
1
Authorised Cholta
$50000,000
Issued and Fully Paid upi.. $20,0001000|| Reservs Funda
Sterling.....500,000!
Bilyor ....$27,000,000:
Reserva Liability of
Proprietor
- יד
$20,000,000
COURT OF DIRECTORS: "" Da M. Baran) EqChiefro Hon. Mr. A... Lang,- Boyutz: Chairman: WH Bell, Hay
A. Ploer. Esq. Compuan, Bag. 15malli. Mare Tow Me Piff, Holyoak H. P. Whko,, Hagy W, L. Pritendon, Bro #G, M. Young,, Esq
CHIEP MANAGER:
A. H. BARLOW, End..
Manager:: Shanghai-G. H. SEITT; ESG:
LONDON BANKIES. Westminster Bank, Ltd. 9
CURRENT ACCOUNTS opened in
ASIA, LIMITED.
HEAD OFFICE: HONGKONG,
Toux Road Central Houcking,
时间
'Authorized Capital $10,000,000 Paid-up Capital
6,000,000 1,200,000
Reserve Fund (1920)
DIRECTORS
Hon. Bir Shon-on. Chow-Chairman,
Li Koon Chun-
P. K: Ewok!
Fung Ping Shan Mok Ching Kong:
Wong Yun Tong: Huyah Tal Ng Ching Lak. Kan Ying Po Poug Wa Ting Chan Ching Shak Every description of Banking and Exchange business transacted. Loans rranted on approved aacurities.
BATE DEPOSIT BOXES to lat.
KAN TONG PO,
ሰ
Chief: Manag»>
Hongkong, 8th February, 1923,
1
行鏌南工法
LOCAL CURRENCY and FIXED BANQUE (FRANCO CHINOISE
DEFOSTUS received for one year of skorter periods: in Local Currency and ⠀ - Sterling on terms; which, will be quoted: anapplication.
Hongkong, 27th Föbruary, 1926,
HONGKONG SAVINGS BANK THE basis of the above Bank f
pour le
Commerce et Lodustrie (Incorporated, in France).
5, Chater Road, Victoria, Hongkong..
FEAD OFFICE: 74). Rus St.. LazaTE, Parli
4
BRANCHES
THE CHINA MAIL.
COMMERCE AND FINANCE.
CHAMBER OF COMMERCEL
REVIEW OF ITS FINANCES FOR THE YEAR.
A Good Showing.../
The annual report of the General Chamber of Commerce states in regard to finance
WORLD'S COTTON.
Figures of Supply and
Distribution)
The following particulars of the world's supply, and distribution of cottons other than American are taken from an analysis of the cotton trade by Mr. Alston H. The full effect was felt in 1925 Garside, issued by the Merchants of a considerable accession of National Bank of Boston and members. In 1924.The tom published in the annual report of "Survey fees collected again the General Chamber of Com showed un Increase, being merce: $10,439.69, compared with
(In thousands). $14,247,99 In the previous year: 1 Supply 1920-1 1921-2 1922-3
4,826 4,744, 4928 11.283 11,667 12,327 Supply 1923-4 1924-5 1926-6 Production 8,740.9,804 Carry-overy.
a balance of $3,237.50 remains, Re Carry-over
Re-
After payment of fees to surveyors, Production
Aug, 1
Total
presenting Chamber's fees. organisation of secretárial arrange ments, foreshadowed! In the Chair. man's speech at the last. Annual Meeting, book effect at the end of August, 1925, and has produced, a saving under that head!
The 'Fortnightly Market Re port." has been enlarged and now costs mere to the Chamber, but an Increased charge to subscribers P 20,000,000 of a little over a dollar per annum oondustod by the HONGKONG Capital ....... AND SHANGHAI BANKING CORTOS
Fra 11.100.000ha dully covered the extra ex PORATION Rales may be cbtained Special Working Capital Fr 50.000 000-penditure. on application
1: Cost of telegrams was exception- ally large, amounting to $1.698.90. un expenditure incurred in July and August in an endeavour to bring heme to the authorities and the public in Great Britain the gravity of the situation created by the Carton
of Hongkong, boycott British shipping and British trade. There are indications at the begin
INTEREST on d'oposita la calculated on the lowest, balunos during each com; plated Calendar Month at 3 per sont.. par anuum. Should there be a balance: on any day in a month no intereat ̧ will be allowed for that month,
Depositors may transfer at their option. Balance of 8100 or mors: to the HONGKONG & SHANGHAI BANK. Boba placed on FIXED DEPOSIT Lt. CURRENT RATES
For the HoxaTONO: Š ŠANGIČAL BANKING, CONFORATIDEŻ, A. H. BARLOW,.
Chief Managar, Hongkông, 7th January, 1925.
BANQUE DE L'INDO CHINE.
FEAD OFFICE:
Parle
Balcon Paking Santon
Lyon Marse
Haiphong Hanoi
“Hisanghal Tientsin
Hongkong,
BANKERS:
Generale,
FRANCE Sociate
Banque Nationale de Credit, Banque. "da Paris et den Payu Bat, LONDON: Midland Bank Ltd?
"
NEW YORK :- Irving Bark Columbing of 1926 that the Home Press;
Trial: Co
་
otherwise preoccupied in the sum- mer is at last awakening to facts Every descripta of Banking and which were communiented to them Exchange Business Transacted: Corre-By this Chamber months, ugo, at a spondents throughout the world.
east of $1.50 word. "..
On the year's working a balance of $4,067.24 hus been carried to General Reserve Account, which li
A. ROBLIN, Mariager. Hongkong, lt. December; 1925).
0 96 Boulevard Haussman, Parin. A
Paid-up Capital Fra..68.400,000.00
6,457 6,913. 8,004
Aug. 113,577 8,224 3518
8,750
Total 12;317 13.028 Distribution. Consumption 6,539 7,334 Carry-over,
July 31 4,744 4,329 3,577 Total
11,233 11,667 12,827 Consumption 9,093 9,510 Carry-over,
July 31.
}
8,224 3,518.
Total *12,817 13,028
During the 1924-5 season, the world produced! the largest amount of cotton other than American that it has ever grown, and consumed practically all of it. As will be seen by the above table, world production was 9,804,000, equivalent 478-1b bales, against only 8,740,000 the previous year. Consumption, however;
,"WAS!
was also credited during the year 9610,000 against 9,008,000 the with $3,83181 representing the year before, and so the carry-over
*J
Subscribed Capital. Fr. 72,000,000.00 THE CHARTERED BANK OF funds of the Association of Ex-at the end of the season was in- porters and Dealers on its amalga-creased by only the small amount Emerra Fund ****778. 89.637,289.4 INDIA, AUSTRALIA & CHINA.mation with the Chamber. The of 294,000 bales from 3,224,000
General Reserve Account therefore, to 3,518,000. stood on December 31, 1925, at $47,430:68. compared with)
4:5 $39,541,63 at the end of 1924.
Cash and investments have in- creased to 9387,025.28, as against $33,693.80, in 1924. The proposal
Bangkok.
BRANCHES:
Funct
Antlemang Canton
Pondicherry Hongkong! Shigon Mongis
Fheartini
INCORPORATED BY ROYAL. CHARTER, 1858,
+)
D
NORIMA...
HEAD OFFICE: LONDON.
Hair Non Hankow
Pirate Peking
Prom-Pent
DANKERS
Hingynne Tien su Tonraba Yannis
IN FRANCR Comptoir Nations d'Easomple de aris Croft Lyonnnlag. Hunque de Parikat dem Payn-Bas: Grodit: fadastrielt Commercial Incinte Henerale,
IN LONDON The National Provincial: Union Bank of England, Ltd: Comptoir Nationalia Rennie de Paria; Oral; Lyonnais
IN NEW YORK J.P. Moran & Co French Amarlest Hanking Dorporation
Guaranty Trunk Co, of Nam York,
Interw? ahowadian Carrant Aamunté andi Fixed Deporita according te arringemení,
Every deaription of Banking and Exchange Book satel
A. LECOT;
Manager. Hongkong.. 17th December, 1925.
NEDERLANDSCHE HANDEL
MAATSCHAPPIJ.
(NETHERLANDS TRADING SOCIETY.)
1
BATABLISHED. 1834
Homeries BRANCH KITAALDZKIn 1906,
Authorland Capital 3. 150,000,600 £12,500,69- Pald-Up Capital.... 80,090,000 £ 6,888,31 Reserve Fund.... 20,838,861 £ 1,711,498 pasial Ewerv... 62,880,000. Z 1,988,8
HEAD OFFICE:—Amstardaziz. EASTERN HEAD: OFFIC1:—Batavia,
Bandiermal Caloutts
BRANCHES:-
Rudowar
Borahey
Cheribon
Djumbor
The Enga
Kobe.
Monsan
Medan.
Palembang
Pemlorgani
Penang
Putinsk Rangoon
Djaldskarta
Kota Badja
Padang
Buttersto Basanavg Shinagkal
Nagapor Baarahain Boerakarta (Bol Tagal
Tjilajap
Waiterradan
LONDON BANKERS:-- National Provincial Bank, Ltd. Correspondents all over the world. BANKING BUSINESS OF EVERY DESCRIPTION.
J., C. MAASSEN,
Acting, Manager: Hongkong, 19th March, 1923.
THE
£8,000,000
Paid-up Capital Reserve Fund...... .£4,000,000;
Raserve Liability of Pro- »
prietors..........) M.) £8,000,000:
FOREIGN EXCHANGE and General Banking business transacted
CUR ONT ACCOUNTS opened and FIXEL DEPOSITS received for 1 year or shorter period at rates which will be
quoted on application.
A. E FERGUSON,
4 Manager. Hongkong, 15th April, 1925.
THE BANK OF TAIWAN,
(Taiwan Ginko.)
|
mentioned in the last annual re port to invest part of these in more permanent form has been postponed for the present.
With reference to the Auditors note, in the next balance sheet the accumulated deficit on the Chinese
Language School for the last few
SHIPPING AID
Blue Funnel Head's Objection..
THUR
Bke Bank Lina, and, you
there a more than
for the trade The Bank recently, baan enlarged by
teel of 21,800,000 under the Trav Facilities Act, so that the Coxurn- ment of this countrys patually nancing two competitors to the her four British lines who have also to face heavily subsidised American competition.
Mr. Peter S, Swan (70), of this policy is pursued fur-Broughty Ferry, Forfar-
shire, and
Inte
of The Manor House, Lowan: Slaughter, Gloues
Mr. Nicholas F. Fenwick,
Disapproval of the British pian for extending Government aid to promote shipbuilding a valged by Alfred Holt & Co the well-known firm of Liverpool ship owners, in letter to the Government guaran tee to the Silver Line under the provisions of the Trade Facilities Act. The letter reads in partsther, It can have no result other
This is not the first grant to the than the ruin of all thou steamship Calcutta, merchant Interesta In question, a sum of companies engaged in this or any Mr. William W. Whitmore
180000, having been guaranteed to other trade, and incidentally the the Silverceday Shipping Company, less of the money guaranteed by Lidl, previous to September 30, the Government. Whom shipping is 1924. The exact position of the depressed because there le more Silver: Line-as regards ownership is tonnage afloat than cargo to be unknown to us. It is closely con- carries, what sense is there in nected with the Roosevelt Steam, artificially stimulating the produc ship:"Company, Inc. of New York,tion of tonnageldes who are described in an advertise- "There is another vice inherent
Singapore, by the agents of the offers né advantage to those who Silver steamers in that port as our can borrow on just as good terms principals, and both in the East without a guarantee or who employ and in New York the Silver Line their own money. Indeed the ehipa are represented as being issues under the Trade Facilities American controll
Act have been an injury to all the other enterprises in the country.by raising the rate of interest on loans.,
of Eastbourne, Sussex.
mont issued on July 3, 1924, in in the Trade Facilities Act it ton. W banker
"The trade between the Far East and the Atlantic ports of America Is at present conducted by two or three Japanese lines, some Amer! "For our part we strongly de can lines mostly owned by theprecate any Government assistance Shipping Board, and five British to or interference with any, branch lines the Ellerman Line, the of trader Trade will be most. Prince Line, James Chambers & Co., prosperous when the Government
Beef Sirloin
1)
29,741
late of Gracechurch street, EC, shipowner 60,850 Mr. Alfred: E. Wallis (78)...
of York Houas, Kensing---
Mr. Robert.J. McKeown of Whitehead, Co. Antrim, formerly Parliamentary Secretary to the "Mini- stries of Education and Commerce, of Northern Ireland
·27:0
Mr. Henry M. Davies (78), of Frodsham, Cheshire, farmer 25,897
Mr. William N. Redman
(BR), of Blackheath, S.E! secretary to public companies
HONGKONG MARKET PRODUCE.
Prime: Cut
H2 Corred
Roast
け
"
Breart
" Soup
"
Steak
Steak Sirloin
1.
» Sansa roz
Bullock's Brains
71:
APPROXIMATE RETAIL PRICES
Butcher Meat.
Tongue, fresh Tongue, corned
Eend.
Heart Fump, Salt
Feet
March 18, Jane, June,
Fowl, Hainan
3920. 1918. 1914.
Clad Gle. Ctr.
牛尾慈
B7% મ 12:
Chicken
.87 29:
Capons, Small
37 28 12:
D
87 24
Duck
80
2018
30.
20-
37
24
.37%
80.
40:
26-20
per set. 15
10 12
each. 99
50
60%
$1.00$1.20
16 24 13 24.
20:
each 35
10.
15. 10 26
20 29
277 18 14
6 77
The cottons covered by this table include Indian, Egyptian: Chinese, Brazilian, Russian, Peruvain, Mexican, and the minor crops of the world. Most of these crops have increased substantially in the last few years. The was 1,480,000. Egyptian crop equivalent 478-0 bales in the (1924-5 season compared with
16,000 in 1920. Production of Calves Head & Feat: 4 sob #1.20 $1.00 11.00 Indian Cotton was 4,798,000 bales Mutton Chop in 1924-5, against 8,248.000 in # Leg
1920. The combined production
of all other cottons stated
M
Kidney. Tail Liver Tripe
Shoulder:
Saddle.......
Brains.
24
Feet...
1
Pry
#
Head
years amounting to 55,462:43, istog,576,000 bales, against 2,018,000 Pig's Chittings be written off Modified arranges ments, described on another page, in 1920. These figures include are expected to permit the con- only cotton grown for mill con- tinuance of the school in future at sumption, and are consequently LTD.little or no expense to the Cham. exclusive of large amounts of
her's, funda
cotton grown in India and China for making quilts and batting and for hand spinning in the homes of the people.
Incorporated by Special Imperial Charter. 1899.
Capital Subscribed Capital (Paid-up)
**
Annual Report. The figures in the Income and Expenditure "Account bear test)- mony to member' approval of the Yen 45,000,000 annuall, roport in its
HEAD OFFICE: Taipeh,
BRANCHES
JAPAN Tokyo, Yokohama,
Quaka..
Kobe,
new form.
to:
的
가
Heart.
Kidneys
Liver
Pork Chop
<£££*$*REEBOKSKYEZ
SVETIRER+BOBBLERS
#
#
49A89-85931am-ssant 8 | | | | 2 12 19° 38 | 512-9*89328 |
21.688
Poultry.
Marci
June,
Capons, barge..
IoTas
Egge, Ken (cooking)..
Bygg, Ken {fresh)
Fowla, Canton:
Geese
Pigeons, Canton
w Hothow Turkeys, Cook Turkeys, Hen
Snips. Pheasant
Qual Partridges
本播
Almonds:
Apples California).
Bananas (bride's)··
Carambola
Cocoanuts, Lemone, China.
Orengos
Fruits.
1b. 56 28
55 26
38. 24
*
40
Per set. 8
Ib. 20
15
40
1518.
H
20
cách . 15
10
12 10 8
Lemons (Amerien)
金山福線
16. 52 30.
Lichees, Dried
豬排
42
25
1
Leg
45
Lain
50 28
Fat. or Lard
21:
per aut 90 80
each 15
8
15 -12, 10
羊肝
.55 26
25
25
25 22
Pumelo, Siam Walnuta Giopar
牛油
32: 20
Mutton
羊油
55 26-
38 20
Santages
20-20
No..
Fish.
Heart. Kidneys.... Liver
tion of these cottons in recent The large increase in consump-
Yan 89,875,000 Three editions, numbering altoge great activity and expansion of Sheep's Head & Feet..
years has been due chiefly to the ther 850 copies, were printed at a Formosa.cost of $1.179.95, as compared with and Brazil. Manufacturers in the mills of India, China, Japan one edition of 360 copies of the those countries have been enabled former style of Report, costing by low maufacturing costs $1,383.05. After members had take much business in yarns and Suet, Beed....
Sucking Pigs, to order. FORMOSA: Giran, Kagi, Karenko, been supplied with the copy to cloth away from manufacturers
Ecelung, Bokoto, Nanto, Shin-which they are entitled and the in Great Britain and on the Convent chiku, Taichu, Tainan, Takao, usus complimentary copier had tirent. The spinners of India, Tamau, Toyen, Heitoh, Taitoh, CHINA: bazghai, Hankow Amoy sold, producing an income
been issued, some hundreds were Chine, and Brazil run mostly on Roochow, Swatow, Canton.
cottons produced in those coun- OTHERS: Hongkong, Singapore, $705.27 (as compared with $13 from tries, and the spinners of Japan. Soerabaya, Semarang Batavia, this source in the previous year) use much more Indian, and other Bombay, London, New York, so that the net cost to the Cham-cottons than American. It will Barbel Calcutta.
ber of an improved report," which he noted that consumption of Bream.
气
0
LONDON BANKERS: London County Westminster and
Parr's Bank
The Bank - Carrenpbastonte in the Commersial Cestres, in the Enropean Comuneet, Busin, Knu. charin, Talagteo, Tapna; Indo-Cules, Blam, India, Philippine Intraus, Java, Africa, RL.
ialaren allowed un Current Accounts, and Brad, Dopar an rates, which will be quoted on aprites
́T TAKAGI,"
Manager.
HONGKONG BRANCH
8. Das Vaux Road Central Hongkong, Lat. November, 1925,
YOKOHAMA SPECIE
BANK, LTD.,
THE BANK OF CHINA. 行跟國 中
Established 1880.
Capital (full paid-up) Yon 100,000,000(Specially Authorised by Presidential Reservo Fund
Yan £8,500,000:
Head Offlor:-YOKOHAMA,
Branches and Agencies at:
Walcutta.
Batavia,
Bombay,
Buenos Ayzen.
Canton.
Changchun.
Dairen (Dalny).
Newchwing.
New York.
Canka
Peking
Rangoon
Rio de Janeiro..
Vangtien (Mukden). San Francisco.
Hamburg.
Lankow.
Harbin
Honolulu.
Karachi
Loba,
London.
Los Angeles.
Nagasaki
Bairon
Beattle. Semarang. Shanghal
Singapore Boerabaja, Sydney, Tientsin. Tokyo. Tainanin. Tsingtank
Intanssi allowed on Current Assoc Deposita racalved for fixed
ts belobtainad on
ongkong 11th March 2996
.of
has been more widely circulated, was $473.98, as compared with $1,200 to $1,300 in previous years.
STEAMER FIRE.
under review...
other cottons than American in- Canton Fresh, creased from 6,539,000 bales in
Water Finh. 1920-21 to 9,510,000 in the season Carp ...
Catfish As will be seen by the table, the Codást.. carry-over of other cottons than Crabs American at the end of the Cattle Fish 1924-5 season was below the Da average of recent years. The Dace. The 8. "Sumatra Mary has total of 3,518,000 bales compares Fish arrived with her cargo of cotton with an average of about 4,140,-Eels, Conger. Portions of the cargo are slightly 000 in the previous five years:
(Reuters Service)}
Colombo, March 24.
damaged by fire and steam: The
cargo will be discharged at Küll
fandate of the Republls of Chium
on the 22nd of November, 1917); -- Authorised Capital ............. $80,000,000,00 ||Fald-up Capital jun. 128,278,500.00
Reserve Fund
9,629,105. the
HEAD OFFICE; FOKING.
HONGKONG BRANCH:
́4, Queen's Bond Central. ⠀
Branches and Sub-branches all over.
·China, and Correspondante "in "Europe, America, and other parts of the world.
JAPAN'S BUDGET.
(Reuter's Service.)
Tokyo, March 24 The Upper House has passed Budget, amounting 1,598,000,000 yen
LOAN BILLB
(Reuter's Service)
Tokyo, March 24.
to
OLD MEN.
Holding Back Trade.
Fresh Water Yellow
Frogs
Geroapa
Gudgeon Herri Halibut!
Lobsters
Monk"
"I am a great bellover in the young man of to-day, and. I feel
· Labrua. that English trade has gone back
Losch their positions too long. partly because old men have kept The above interesting statement was made by: Sir Woodman Bur- bidge, chairman of Harrods and Malles *** himself only 63-In opening the raters
BusinessBciency. Exhibition at Parrot the Central Hall, Westrainster.
Old-fashioned ways, and old. Pike fashioned men have ruined many a Plaice business, he added.
Pomf
London Bankers: The National Provin The Upper House, in full
with
tal of about £12,000,000;
cist and Union Bank of England, Ltd session this morning, passed the Astone interested in companies. The Guaranty Trust Company of New Nishihara Loan Bills, whereby the New York Bankans: The Brring Government shoulders fullre and
National Banker Responsibility from the Banks con he than The Equitable Trust Company of New corned
York.
CHAIRMAN'S DEATH
allowed on Current Accounta Rided Deposits. ¿ „Terms' an applies-
seription: of Banking Bank-
(Reuter's
saying,
their.
12, over 000 people the day when labour- ceware! adopted In had resulted in enza of business.
Perch
197
Oranges (Canton}·
Pears (Canton)
Paanata.
Porsimmons, Large,
Plantain
ZET
朝食甜程
Artichokes
Beats, Spr
Long
Baeb Roat
Bitter: Squash Brinjale, Green:
Red
Cabbage, Chinese W(Shan Cane Shoots, Cauliflower (
Carrots Celery, Chinese Chillies Dried
Curry Stuff,
Cucumbers
Garlic
Ginger, Young
38
28
18:
Horserad
Indian
20
Water
Mpalrooms,
Vegetables,