2
HONG KONG AND SHANGHAI
BANKING CORPORATION.
Aetherland Capital....
Kaosed amil Fully Paid-up
Kanerva Prades
Sterling
#50,300,000
$3,000,000
£6,000,000
Miltana - vi$13,600,000
Beurre Limbdity of Propelstars....$20,000,000
HEAD OFFICE: HONGKONG.
COURT OF DIRECTORS:—
Han, XI, 1, 0, M. Bernard,
CHAITUEN.
AH, Compton, Eng. Deputy Chairman.
*. 1, Ball, ER
2. 8. Brown Ka
A. Macroman, Xaq.
ANUY
*BANGKOK
"NATAVIA
*BOMBAY
W. L. Pattendas, Riq
1, G. Waall, Eng. K., White, Krg,
Artlax Gale! Manager, tion. Me, A. G. Hynes, BRANCHER--
LONDON
LYONS
MAGAGGA
MANILA
MOURDEN
THE BANK OF EAST ASIA” LTD
HEAD OFFICE: HONG KONG.
10, Des Voeux Road Central, Hong Kong
Authorised Capital-
BRANCHES AND AGENCIES:-
THE CHINA
COMMERCE AND FINANCE.
SINCERE CO.
MAIL.
$10,000,000
Pald-Up Capital
8,000,000
Beserve
1,200,000
Batavia
Melbourne San Francisco
Bombay
Nagsaski Seattle
JAPAN'S TRADE.
Delontis
New York
Gemarang
Custom
Osaka
Bingapore
Halphons
Parls
Bourabaya
Honolulu
Peking
Bydney
REVIEW OF POSITION IN
APRIL.
25TH ANNIVERSARY NUMBER.
Kobe
Fenang
Talph
Kowloon Rangoon
Tiantrin
London
Baigon
Tokyo
Manila Shanghai
MONEY MARKET UNEASY.
TRADE IN CHINA.
How Hong Kong Was -Developed.
BRITAIN'S £300,000,000.
FRIDAY, MAY 27, 1927.
[ and givep"the name Provinco Wellesley.in, honour of the then Governor-General in India. In 1810 Singapore was selected by Sir Stamford Raffles as the chief Bri tish port in the Malay Straits and on the way to China. He wrote home to say, "You have only, to glance at the map
to soo we have another port (Singapore) under which al the ·China It, secures
SHARE MARKET.
OFFICIAL QUOTATIONS.
Hong Kong, May 27, 1927, 10-80
Stock.
Hoar Kong
Exchange.
2/-.
7744
Banks.
$1086-
do. Lon. Reg.
£117
n
£20
C.
£30 E1344 £9 b 1⁄4 = $08
Stock, The British were not the first trade must pass,
T.T.. on London..... foreigners to trade in China, but a passage for our China ships at T.T. on Shanghai they were good seconds, and their all times and under all circum influence has been greater than stances. It has, further, been my WELL-PRODUCED JOURNAL. that of all Western nations put good fortune to discover one of the Hongkong Bank.....
together, writes Mr. E. T. Good in most safe and extensive harbours Chartered Bank In connection with the celebra- the Journal of Commerce" (Liver-in those seas.
.Singapore Mercantile A. & B. terday by the Japanese Consulate-tion of its twenty-fifth anniver-pool). Our people have been more in everything we could desire..
do. and General the excess of Japan's Imsary, the Sincere Company, the constatent and successful, hot to It will soon rise into great import- P. & O. Bank.
ports over exports decreased slight well-known Chinese department Bay more considerate than the anco. ly during last month as compared store in Des Voeux Road, has others.
Hong Kong, Shanghai, longer the exclusive sovereigns of Marine Insurances, with the same period last year,
Correspondente in all principal cities..
of the world,
Every description of Banking Exchange business transacted. Loans
granted on approved securities.
SAFE DEPOSIT BOXEE to let
-KAN TONG PO,
Chlef Manager.
Hong Kong, 21st March, 1927.
CALCUTTA
CANTON
NAGASAKI
CHEFOO
NEW YORK
DOLOMBI
PREINO
DAIEES
行銀脗工法中
TOOCHOW
HAIPHONG
QAMBURG
HANKOW
SABRIN
ΠΟΝΟΚΙΑ
LOILO
trou
JOHORE
KOBK
KUALA
LUMPUR
PKNANO
RA NGUON
SATOON
BAN FRANCIatu
·BUANGHAI
SINGAPORE
SOVRABAYA
SUNOEI PATANI
TIENTSIN
TOKTO
THINGTAD
"YOKOHAMA
Ost Acounte spased in Local Carreno) and Fixed Depute received for me your or shorter perioda in Local Corrency and Arling a term which will be quoted on applications
Hong Kong, 15th May, 1977,
HONGKONG SAVINGS BANK.
The Buizen of the shore flank is decent by the HONOKONG AND HILANGNAF „BANKING CORPORATION. Raina may be ‘ehtained on application.
POR TUR HONGKONG & HILANGHA BANKING CORPORATION,
А. С. Путев. Anting Chief Masager
Husgkong 10th March,11927.
BANQUE DE L'INDO-CHINE.
HEAD OFFICE:
98, Boulevard Haussman, Paris,
BANQUE FRANCO-CHINCISE
pour le
Commerce et L'Industrie
(Incorporated in Franco).
6. Chater Road, Victoria, Hong Kong.
HEAD OFFICE: 74, Rue St. Lazate,
Parin,
Capita! fully paid up...Frs.40,000,000 Special working capital..Fra 50,000,000 Fra.13,270,000
Reserves .....
BRANCHES: Paris Lyona
Marecillos Saigon
Haiphong Hanoi Poking
Tient in Shanghai Hongkong Phon Perh
BANKERS:
FRANCE:-Societe Generale, Banque Nationale de Credit, Banque de Faris et des Pays Bue LONDON:-Midland Bank Ltd. NEW YORK: Irving Bank Columbia
Treat Co.
A. KOLLIN,
Hong Kong, 21st April, 1927,
Manager.
Every description of Banking and | Subscribed Capital.. Fre. 72,000,000.00 Exchange Business Transacted. Corre- Fald-Up Capital ....Frs. 68,400,000.00 spondents throughout the world. Reserve Fund....Frs, 39,384,510.10 BRANCHES: Hanoi Pondicherry Battambang Hong Kong Salgon
Meugtze Shanghal Nam Dinh Singapore Dibout! Noumen Tientsin Fort-Bayard Papeete Tourane Haiphong
Paking Yunnanfu Bankow Paom-Penh
Bangkok
Curthe
Canton
BANKERS:
IN FRANCE: Comptoir National d'Escompte de Paris; Credit Lyonnala: Banque de Paris et des Pays-Bas; Credit Industriel et Commercial; Societe Gerorale.
IN LONDON: The National Pro vincial & Union Bank of England, Ltd.; Comptoir National d'Escompte da Paris; Credit Lyonnais.
IN NEW YORK; J. P. Morgan & Co.; French American Banking Cor- poration; Guaranty Trust Co. of New York.
Interest allowed on Current Accounts and Fixed Deposits according to arrangements.
Every description of Banking and Erchange Business transacted.
Bafe Deposit Boxes to let.
CH. LEM,
Manager. Hong Kong, 28th February, 1927.
NEDERLANDSCHE HANDEL MAATSCHAPPIJ.
INETURELANDS TRADING SOCIETY)
BANTERS
Established 1934.
Hong Kong Office :---11 quvon's Band Central
Authorised Capital ......................: Guiller 150,000,000
(£12,500) Paid-up Capital ............................. Quilders 86000,100
(£0.508,170) ................. Clutilaps 20117.840- (£1,70,718)
Reserve Fund
Special Reserve .... ......................... Kiuilders 23.100,000-
(£1,889,330)
Hoad Once:-AMSTERDAM'N
Eastern Bond Ome::-BATAVIA,
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.
Incorporated by Royal Chater, 1853. HEAD OFFICE: LONDON. Paid-up Capital Reserva Fund .......... Rezerve Liability of Proplo-
tora...
Agencies and ALOR STALL
13faisy States) AMRITSAR BANGKOK BATAVIA BOMBAY DALCUTTA CANTON DAWNFOSE СЕБО COLOMBO DKLBI HAIPHONG HAMBUNU
HANKOW BONU KONG HOILO
1rou
KARACHI
According to a cable received yes-
during last month are:-
Value of Exports Value of Imports
Excess of importa
Value of Exports
Value of Imports
Excess of Exports
SEMINOLE OILFIELD.
108
225
67
32
21
11
of
£4,000,000 Seminole oilfield have unanimous.
Branches.
MADRAS MANILA AKDAN NEW YORK PEKINO PRRANG PESHAWABE PEKET BANGUON SAICON
SEMARANG
HEREMBAN
SHANDBAL
SINGAPORE
SQURABAYA
TAIPING
(1.313) TAYOY
Selection of Singapore.
Pin a
The Dutch are no East Asia
WAR
commerce grew
de.
[280/279 xn 308 M
n
$31
08/
$54
$144
Refineries.
$18
$81
$1,70
Mining
(now)
Buses, Trams, &c.
do.
TO
$4
*21/-
8/-
$104
$38
T140
T5
2108
$54
'50
$115 $12 $89 $115
T7.70 T2,10
20/6
b
R
The money market showed some issued a well produced volume Tientsin, and other places have the Eastern Sens."
later letter Sir Stamford Canton Insurance .... $020 the Imperial BHI to straighten the velopment and containing photo-baro end barren spots into first- Raffles wrote: You may take my North China Insurance T148 uneasiness owing to the rejection of giving a brief history of its de-been converted from swamps and
China Underwriters...80 cts. business of the Taiwan Bank, the graphs and messages of congratu-class ports and cities by British word for it this (Singapore) in by Union Insurance $278 b & s. failure of which, together with the lation from well-known Chinese money and skill. China owes auch far the most important station in Jugo Bank and others. was an-scholars, with an introduction by British enterprise. It is estimated superiority and commercial in-
modern transport as she enjoye to the East: and as far as naval Yangtze Insurance nounced some time ago. As a Cov-Dr. W. W. Yen, one time Premier that £300,000,000 of British money, terests
Fire Insurances. ernment emergency measure, all
are concerned, of muchị banks in Japan closed for business of China.
is invested in China, £60,000,000 in higher value than whole continents China Fire Insurance $200 The Blustrations include photo Shanghai alone, and that trade of territory."
H.K. Fire Insurance. $600 on April 22 and thereafter a three
Singapore declared. graphs of the various establish with the British Empire is valued made a free port, and by 1828 It weeks' moratorium was
Shipping. At the beginning of May with the ments in Hong Kong, Shanghai at £35,000,000 a year. Imports Aid far more trade than its rivals Douglases financial relief ordinances were en- who have taken a leading part in were valued at nearly £20,000,000. teenth century, when steamships! H.K. Tags & Lighters 31.10. approval of an extraordinary Diet and Canton and portraits of those from the United Kigdom last year in the East. Later in the nine-I.K. Steamboats... $22% forced for the financial relief of the building up the business...
A colony or settlement was displaced windjammers, Singapore Indo-Chinas (Pref)... $30 Talwan Bank. No business Was In the year 1900, there return- established at Macao, opposite became a great coaling station for Shell Transports
da. (Def.) -806 transacted during the moratorium ed to Hong Kong, Mr. Ma Ying what is now, Hong Kong, in, 1557 vessels going to and coming from Star Ferries period and the markets showed piu, a merchant who had spent by the Portuguese. The first Eng China, and, aided by Hong Kong. Water-boats...... much depression the Yokohama Specie Bank changing its exchange several years in the Australian lish bid for trade was made at Anglo-Chinese quotation several time. The State of New South Wales, where Canton, in 14 It was not rig enormously, to the mutual benefit Chins Sugars...
... Malabon Sugars Bank of Japan made extraordinary he had become greatly impressed cessful: but in 1700 a limited right of British and Chinese.
In 1834. the charter of the East advances, however, and with all the by the Western methods of busi-to trade with Cantonese merchanta
It was India Company was revised and, banks working to consolidate their ness, more especially as applied to was granted our people. reserve funds the market returned the large
exercised by the East India Com-among other things, the Company Benguets department stores to normal after the expiration of which are such features in the pany, the greatest organisation of lost its monopoly of the trade with Kallan Mining Ad. the moratorium.
"Figures relating to Japan's trade various State Capitals of the merchant adventurers that ever China. Now ideas were develon Langkats (Combined): 119
figured in history. As early as Ing.
(Single) TOY An arrangement was made shanghal Exploration. T Mr. Ma Ying-1505 these merchants had a well between the British and the Chi-Shanghai Leans Commonwealth. piu foresaw the possibility of organised association, and they nese for a British Superintendent Raubs.... Foreign Trade,
such a store conducted upon competed vigorously with the to be appointed in. Canton to direct Tronoh Mines Million Yen. similar lines in Hong Kong, and French, Dutch, Spaniards, and the Anglo-Chinese commerce. By that Ural Caspians it is due to his keen enthusiasm | Portuguese. They were pioneers time British capital was being
Docks, Wharven, and business acumen, that Sin-and explorers as well as mer-liberally-invested in China, besides Godowns, &c. cere's many establishments stand chants, On the last day of 1600 which trade was expanding pro H.K. & K. Wharves
East India Company was ressively. Trade With China.
out to-day as staunch examples the
cspecially between E.K. & W. Docks
Hongkews Million Yen. of modern commercial enterprise "chartered" by the English Gov- China and British India.
One Thomas Stevens ernment, in the East.
Most trouble was caused, and. New Engineerings His ac has since been caused, by the de- Shanghai Docks .. In those days it required no visited India in 1579.
counts aroused great interest. In termination small amount of courage to in- 1683 three Englishmen went over India to export opium to China, H.K. & S. Hotels... $6.00
of our subjects in Lands, Hotels & Bidge. augurate a business, which, was land to India, and gave favourable and many leading Chinese resent- Hongkong Lands to proclaim the introduction of reports. In 1691 an expedition of ed the indulgence granted by the Hongkong Realty the "fixed price" principle by three ships, under Captain Ray- British Superintendent at Canton. H.K. Territorials which protracted bargaining, 50 mond, set out for India, but two Advantages of Hong Kong.
Humphreys Estates traditional among Chinese mer of the vessels did not complete the
Prince's Building British traders recognised the Rural Lands chants at that time, would be vayage. New York, May 26.
Shortly afterwards Cap commercial and strategical ad Cotton Mills. Such a policy was tain Wood went to the Far East, vantages of Hong Kong, the largest Ewe Cottons eliminated: In an effort to meet the over- production crisis in the petroleum distinctly novel, and it is also a carrying a letter from Queen of a group of lelands at the mouth Orientals
tribute to the founder that an Elizabeth for the Emperor of of the Choo-kinng, or Canton River, Shai Cottons (Old) industry representatives. 00,000,000 twenty producers operating the equally novel trade name should China. The expedition totally dis Hong Kong is about nine miles · do."
The public were appeared. Subsequently the East long, and ranges from two to five be employed.. ly decided to continue the limita- to be assured of absolute fairness India Company pushed on to China, miles wide. Its population is get-China Buses £3,000,000, tion of output till at least ten and sincerity in trading, and it and after some rebuff's obtained ating on towards 200,000, of which HK. Tramwayn
operators withdrew from the was a happy inspiration which concession to trade in Canton in about 90
1700, just a century after being The-place-became-a-British pos do (new)
per cent are Chinese, Posk Trams (old) agreement. They also agreed to prompted "Mr. Ma Ying-piu-to
Royal chartered:
segaton In 1843, by the Treaty of Taxis
Singapore Tractions extend the policy regarding the select a name, which itself, an-
Nanking, which followed the un- As the China trade of the Comfortunate war called the Oplum Seminole oilfield to the whole nounced the principle upon which
Miscellaneous. State of Oklahoma, Reuter's the new business was to operate pany progressed the need for A War, of 1842.
Besides this, five Canton lees- American Service.
and that name was "Sincere." station between India and China Chinese ports were opened to Bri-Cements (comb.) Thus was the Sincere Company, was felt, and in 1780 a concession tlah trade, and in 1861 China ced- do. (old) Limited, founded. At the outset was obtained from the Sultan to ed to us the Kowloon peninsula, China Lights (comb.) $13.86.
do. (new) the business did not prove a suc make a port on the island of Pen-close by Hong Kong. LATVIA AND SOVIET RUSSIA. cess. Prospective customers had ang. In 1800 a strip of land on the
Hong Kong was made free
da, become so accustomed to bargain-mainland, Malay, was obtained, port by the British, and its com- Chinn Prov. ing that it was found hard to
merce has vastly increased, to the Dairy Farms Riga, May 26. impress upon them that full value
Der A. Wings benent of the world in general. H.K. Amusements was being given for their money Sap Pat Po, Canton, was totally The authorities have seized a
Shanghai has also been practi-H.K. Constructions quantity of Soviet grain in an without the customary linggling. destroyed by fire in 1921, but cally made by the British, and has H.K. Electries elevator, the Soviet Trade Delega. Although Mr. Ma Ying-piu and owing to the continual political become a huge commercial place.K. Roos tion having failed to comply with his associates worked extremely disturbances the directors decid- and thoroughly internationalised. Current Accounts opened and Fixed a Court order to deposit £8,000 hard to attain their ends, the re-ed against the re-establishment It contains about 16,000 Japanese, Lane, Crawfords Deposits received for 3 year or shortar pending the Delegation's appeal sult of the first years' operation of this branch. The political un- 7,000 British subjects, 2,000 Ameri-Mace periods at rates which will be quoted against the decision of the Dis- many of the shareholders favour-ised business there that this foreigners,
proved so disappointing that rest at Nanning had so disorgan- cans, and smaller numbers of other Nanyang Tobaccos
The Customs House Sinceres trict Court ordering them to payed an immediate liquidation. With branch was also closed, and the la, by agreement, under a British United Asbestos that sum claimed by a Latvian
a tenacity and foresight which closing of the Singapore store Inspector-General, but this official organisation-Reuter.
have marked his whole career, followed at the time of the rubber is a servant of China and not Great Watsoni
Wm. Powells Mr. Ma Ying-più fought against slump. Although primarily es- Britain. If all the recent agitation.K. Telephones this procedure with a result that tablished as universal providers, against the "British administration it was decided to carry on. for a the directors did not confine their of the Customs" were well found- further period. The next year's activities solely to this sphere. ed. how is it that the Chinese re- operation showed a marked im-Numerous factories were estab tain this British citizen in auch a The Cua- provement, People were being lished in Hong Kong, Canton and high official position?.
toms duties on Imports and exports: convinced of the advantages to Shanghal for the manufacture of have been fixed by International Paria, May 26. M. Poincare stated to the be gained by purchasing from the Perfumery, Toilet articles, Aerat- agreement, following the Washing- On London Chamber's Financial Committee small store. From this time the ed waters, Hardware Glassware, ton Conference.
Bank Wire .... that the recent Consolidation business made rapid progress, and Confectionery, Boots and Shoes,
much-talked-of "conces- Bank On demand ..... 2/-1/16 Loan had so far produced fifteen a few years later it was decided to Hate, Soaps, etc. The most im- sions were mostly granted not Bank 30 day's sight
remove to more commodious pre-portant of these is the Perfum- only for trade, but in order that Banic 4 months sight 2/-4 mises in Des Voeux Road, Cen-ery Factory, products of which our people might have reasonable Credits, four months tral.
are distributed throughout the security for payment of interest sight
2/1 1/16 Excellence of service and value Far East by branches and agents on the big capital investments they Documentary 4 months' JAPAN:-Tokyo, Yokohama, Kobe,
·SPAIN AND UNTED STATES. invariably brings increase in established in most of the ini-made in railways and other under- Osaka.
Bight patronage. The Des Veux Road,portant cities. The Sincere Com-takings for the development of FORMOSA: Giran, Kagi, Karenko,
On Paris Keelung, Makong, Nanto, Shin-
Central premises in turn were pany, Limited, was also instru-China. Dealings with the Chinese Madrid, May 26. ·
On demand. alku, Taichu, Tainan, Takno, Tamsul, Teen, Heito, Talto, The King has signed the decree found inadequate to cope with the mental in promoting the Sincere were difficult enough when the CHINA-Shanghai, Bankow, Amoy, extending for another six months fast growing business, and it was Insurance & Investment Co., Ltd., ancient Empire was under a single Credits 4 months sight 1815
Foochow, Swatow, Canton.
found necessary to acquire a block in 1916 and the Sincere Life monarchy and there was something the commercial agreement be Hongkong, Bingapore, Soerabaya, Semarang, Batavia, tween Spain and the United of twelve shops upon which the Assurance Co., Ltd., in 1923. like Internal peace. But since the On demand
present five-storeyed structure Branches and agents were estab-revolution of 1911-12 and in the On New York- Bombay, London, New York, States-Reuter.
was erected. The success of the lished in most important cities of circumstances created by sub On demand Calentta.
initial enterprise had now become China and Malaya, and to-day sequent "nationalist" agitation by known throughout South China, they are two of the largest insur conflicts between rival Chinese Credits, 60 days' sight 50%
in the Far East Governments, and by the influences On Bombay. which encouraged the promoters ance concerns to extend their field of operation, wholly under Chinese, manage of Russian Bolshevism deliberate Wire with a result that in 1912 the fine ment and controlled by Chinese y directed against British in On demand
fluence, a situation unprecedented On Calcutta five-storeyed structure. on the capital. Bund, Canton, was opened to
Wire While this rapid expansion in the political annals of the world
hae, developed. business. It was a bold step to took place largely under the direc- Authorised Capital, $80,000,000.00
China has been one of the most On demand) take. for this was the tion of Mr. Ma Ying-piu, due lawless countries in the world Paid-up Capital
$18,278,600.00
On Singapore** 9,829,425.24 the first year of the Republic, and credit must also be given to his since the revolution. Bandit out-On demand Reserve Fund
the economic and political outlook associates and directors of the rages beyond count on fand and On Manlle was uncertain⠀⠀⠀ but, the newly Company, whose valuable advice reversions to piracy on sea have opened emporium survived and and able assistance have made it been numerous. Battles between On demand prospered and four years later possible to raise the firm to its North and South and between East⠀⠀⠀⠀ On Shanghal--- two other branches were estab-present high position in the com- and Central, and East and North On demand. relished in the same city at Waj Ol mercial activities of China. From and South have been frequent, China and Correspondents in Europe Road and Sap Pat Fo. As its modest beginnings the Sincere To-day there is no such thing as 30 day's sight (privata America, and other parts of the world. London Bankers: The National Provin. The year 1917 witnessed the Company, Limited, has grown a settled Government of China to paper)
sial and Union Bank of England, Ltd. opening, in Shanghai, of the until to-day it has a paid up capi negotiate with and a complete On Yokohama- The Guaranty Trust Company of New largest of all Sincere branches an tal of $7,000,000.00 and gives British, withdrawal British On demand 18001,800 New York Bankers: The Irving imposing five-storeyed building agreeable employment to several seattle out of China-as advocated Gold Leaf, 100 fins
(per tael) occupying a whole block on Nan- thousand workmen. It can be by "Bolshies" and Socialists, would The Equitable Trust Company of Newking Road. Rapid growth of truly said that the Sincere Combe, the signal not only for renewed Sovereigns
business led to expansion here pany, Limited, bas played an im anarchy among the Chinese, but buying rate) Interest allowed on Current Accounts also, and two additional storeys portant part in the uplift of the for the descent of various foreign Silver (per oz.) cultures upon China and the an- Bar Bilver In CORRESPONDENTHA and Fixed Deposita Tyres on applies were added to the already com- Chinese, both commercially, and nexation of all those properties Kong
tlocker vi modious, premises in 1924. In socially.
built and developed by British Chinese;
KLANG KUBK
KUALA KANGSA
KUALA LUMPUR KUCHING
TIENTSIN TOKYO TRINGTAO YOKOHAMA ZAMBOANGA
(Philippine IÃO)
Foreign Exchange and General Bank
ing business transacted.
on application.
J. R. GEORGE.
Mazagor, Hong Kong, 7th March, 1997.
THE BANK OF TAIWAN, LTD." (TAIWAN GINKO.)
Incorporated by Special Imperial Charter, 1899.
BEANGUES ;— Bandjesme, indoorg), Capital Subscribed
bay, Caloutin, Cheribon, Jud.
Djakjakarta), 1 Capital (Paid-up)
dab, Beta Katala
Blak
Melan Pavings
Pontianak, Hangvon,
FRENCH CONSOLIDATION
LOAN.
Yen 45,000,000
Yen 89,875,000
billion francs.--Havas.
Prang HEAD OFFICE:-Talpek, Formosa.
Palapalang Pekalon sal tenisza) Bamareg), shanghet, Hibolga Sumatra Sournila, Boers karta (Bol), Tegal, TjUxtJap and Wolterredett.)
13 These offices have walo depurit kuzde tu let.
London Bankers;–Kallona) Provluctal Bank Lt
Corresponents all over the worki
Banking nets of every description transacti
O, STEENSTRÁ
Manager.
THE YOKOHAMA SPECIE BANK, OTHERS: ---
LIMITED.
Established' 1880.
Capital (fully paid-up) Yen 100,000,000 Reserve fund
Yen 92,500,000
Head Office:-YOKOHAMA.
Branches and „Agencies at: Alexandria.
Newchwang. Batavia.
New York. Bombay.
Osaka. Buenos Ayres. Calcutta.
Canton
Changchun.
Dairen (Dalny).
Peking.
Rangoon.
BRANCHES:
LONDON BANKERS:
London County Westminster and
Parr's Bank.
THE BANK OF CHINA.
行銀中
The Bank has Borespondents in the Oos-I STULA Contree in the European Condlawat, Busals, JA phuria, biogine, Jaya, Indo-Unins, Flam, Luds (Specially Authorised by Presidential Piiftapine Lalauda, Jars, Africa,.
interest allowed on Current Acosunie; and Mixed Depurate at Imler which will be quoted on appitok. LION,
T. TAKAGI,
Manager.
HONGKONG BRANCH:
Rio de Janeiro.
8, Des Vosur Road Central, Hong Kong, 7th May, 1826,
THE BANK OF CANTON, LTD.
Established 1912..
Fengtien (Mukden). Seattle.
Harbin
Hamburg. Hankow.
HOW
Kal Tuen.
Kong,
Karachi
Angelse
Kobe. London
Los
Nagasaki,
Balgon Ban Franciaco
Semarang Shanghai. Shimonoad Singapore
Soarabaya. Sydney. Tientsin Tokyo. Taingiza Vindivostok.
(Temporarily
closed).
1. Interest allowed on Current Accounts. Deposits received for fixed periods at zulas to be 'obtained on application.
Hong Kong 11th March: 1927,
· Head Oftes-Hong Kong,"
Paid Up Capita DATA
Autherland Ospita)(ILK, Gurranay), 11,500,000
Beserys FunA ANTARKO
881,000
Banków, __Hwatow,' Burgkuk, New York and Ban Francisco,
· Gastona mnanghai,
DEL LONDON BANKERSA
The Leyd's Bank Limited.
Xu'ali principal pišten stʻsha Worldup
„„ Foralju sachango and banking talkom of pvery desciption seasonetada jaringkang ja Sala Deposit Boxes (various sizes) 4% A genity instal
WELOOK POONG SHAN,
Hong Kong, 10th February, 1998)00
M
Mandate of the Republic of China on the 22nd of November, 1917).
HEAD OFFICE; PEKING:
HONGKONG BRANCH:
4, Queen's Road Central.
Branches and Sub-branches all
National Bankomatsu
Every description of Banking Bust the year 1917 the branch at Lastly ness transacted. APA Singapore was also established, to exp Louna granted on approved securities. Followed by two others at Nan-tion
Epecial facilities for Homs Exchange,
TSUYEE PEIS ning and Xaumati, Hong Kong and
Unfortunately the branch at
The
$7.30/74
804
$1
(old) $10.
(new)
$7
$4.00 $154 38.
$204
$2.80
$65 b $55% na
$10
do. (new)
$7
Electrics
$85
$194
$814
(Ordinary) $20
·$11 · $0 $8,70
EXCHANGE,
Hong Kong, May 27.
2/
On Berlin
not least, we wish capital and engineering skill Chinese
Chins might revert to worse con Rate patronajaktions than have existed within}; teres ave assisted us the scope of her historical re- Chinese Su
succes
a
2/1 3/16
1240
nom
48%
134
(Bank
19.6