HONG KONG AND SHANGHAI BANKING CORPORATION.
行銀商工法中
Autherland Capital ...................... CHIC $50,000,000 leased and Fully Paid-up cama $39,000,000 Barve Fund 2
„2, 8,060,000. ».......... §78,000,000
Reviva Lubility of Proprietors #29,700,000
HEAD OFFICE: HORORONO,
COUNT OF DIRECTORS:-
A. H. Compton, Esq.
thuha282.
N. 8. Brown, Faq.
¿
Deputy Chalroman,
W. 11. Bull, Eq.
C. 6. 6. Havila, Esq.
H. D. P. Belth, Baş
A. Margonas, Boj
AMOY
BANORUK
- MATAVIA
BORBAY
W. I.. Paiten den. Esq.
· T, £), Weall, Esq.
1. P. White, Esq.
Chlat fanger
Hon. Mr. A. U, Hynes,
CALCUTTA
CANTON
CHEPOO
COLOMBO
DAIREN
POOCHOW
HAMPIONU
MANBURG
HASKOW
HABBIN
HDXOKEW.
ILOILO
POH
JOUORE
KOUR
BRANCHES ;-
KUALA LUMPUR
LONDON
-LYONS
MALAUCA
MANILA
MOURDEN
NAGASAKI
NEW YORK
PRKING
PENANG
BANGDON
SADDEN
SAN FRANCISCO
SHANURAL
SINGAPORE
BOCHABATA SUNDEL PATANI TIESTSIN
TOKYO
TINOTAU
YORULTANA
Current Accouts opened in Local Currency
d, and Proposte zoneived for one your or Loral Corrency and. Bleeding
Seria
shuttertel will to quated us appication.
ilong Koos, ed April, 1925.
HONG KONG SAVINGS BANK.
The Basics of the aburi ilunk le conduct. ed by the HOSARONG AND BHANGHAI BANKING CORPORATION. Hule y obtained on Applentioa.
FUR THE HONGKONG A SHANGHAL BANKING CORPORATION.
A... BYNES,
Chirt Manager.
Hong Kong, th September, 1977, *
NEDERLANDSCHE HANDEL MAATSCHAPPIJ.
(NETHERLANDS TRADING SOCIETY,
BANKERA
Bauckhaled, 18921.
tiong Kong box:—I! Qaven's Hood Central,
Authorinad Capital Cuillere 150,1300,000- {£14,000,000} Paid-ip Capital anaamaan. Chesters PADA AKI- (£0,545,670,) Require Fipada ma
fiuilders' 40,000,000-
(0,939,750.
Beat -(AMSTERDAMP), Katera Read Office --BATANIA. BRANCHES 1-Jantjeranein Bandon Bombay.
Carta, Cheran, Jiddel. Disentwi
kjakarta). The ague). Kobe, Note lindja, Makassar, Medari. Padang Patarbati. Pekylangan,
Ровнова
Pontius tangoon, totterdam), Shanghai, Sibolg Salta), Saarelais, Boerakarta (Solo), Tegal, Tatja and Weltevreden.j
"These chires hara salo' deposit húzea tu Jet. London Runkota 1-National Provincial Bank Lid, Correspondents all over the world
Banking bulsions ut
djcription transact
U. STEENSTRA,
Jiang Kon with July, 1927.
BANQUE FRANCO-CHINOISE pour le
Commerce et l'Industrie (Incorporated in France).
Prince's Building. Chater Road,
• Hong Kong.
HEAD OFFICE:
74, Itue St, Lazare. Paris. Capital fully paid up....Frs.50,000,000 Special working capital..Fra.50,000,000 Frs.22,310,000 Reserves
•
BRANCHES: Paris, Lyons, Marseilles, Saigon,; Huphonk, Hanoi, Tourane, Quindion, Huế, Thanh-hoa Vinh, Phom Penh.
Peking, Shanghai, Tiantsin, Hong Kong.
BANKERS:
FRANCE: Societe Generale, Banque
CHARTERED BANK.
A HARD YEAR FOR BUSINESS.
RUPEE STABILISATION.
The 7th ordinary general meet ing of the shareholders of the Chartered Bank of India, Austrália the bank's
Nationale de Credit, Banque de March 28, 1928, on Paris et des Pays Bas. LONDON-Midland Bank Ltd.
NEW
YORK: American Exchange Irving Trust Co., Banca Commer ciale Italiana.
SAN FRANCISCO:-Bank of Italy.
Every description of Banking and Exchange Business Transacted. Cor respondents throughout the world.
A ROLLIN
Manager. Hong Kong, 18th April, 1928. THE CHARTERE BANK OF INDIA, AUSTRALIA & CHINA,
Incorporated by Royal Charter, 1853 HEAD OFFICE: LONDON. Paid-up Capitol
£3,000,000 £1,000,000 £3,000,000
Reserve Fund... Reserve Liability of Proprie
tors
Agencies and Branches:
KUCHLING
[Malay Slate)
AMITHAR
ALOH STAR
DANOKOK BATATIA HOMHAT CALCUTTA CANTON CAWNPORE CEBU
MADRAS MANILA SIEDAS
NEW YORK
PERTRO
VENANO PESHAWAR MANGOON SAIBON SEMARANG SEREMBAN
COLOMBO
DELI
SIANQIAL
HAMBURG
SINDAPORE
HANKOW
SOUHADAYA
HARBIN (N. Manchurin
TAIPING
HONI KOSO
(1.51..
116
TAVOY
KARACHI
BLANG
коше
KUALA KANGSAR
Perak (M.. KUALA LUSIPER
TIESTSIN
TOKYO
TONGKAH buket) TSINGTAO
YOKOHAMA
ZAMBOANGA
'hilippine Islands)
Foreign Exchange and General Bank- ing business transacted.
Current Accounts opened and Fixed Deposits received for 1 year or shorter periods at rates which will be quoted on application.
A, H. FERGUSON,
Hong Kong, 3rd April, 1928.
Manager.
THE BANK OF TAIWAN, LTD.
(TAIWAN GINKO).
HEAD OFFICE:-Taipeh, Formosa. Incorporated by Special Imperial Charter, 1899.
Central Bank in FormosA.. issued Bank-Notes
Yen 45,000,000 Average amount Manageż.
BRANCHES AND AGENCIES: JAPAN: Tokyo, Yokohama, Kobe,
Osaks. FORMOSA:-Giran, Kagi, Karenko,!
BANQUE DE L'INDO-CHINE.
HEAD OFFICE:
80, Boulevard Haussman, Paris, Subscribed Capital.. Frs, 72,000,000.00 Paid-Up Capital ....Fr. 68,400,000.00 ....Fre. 89,384,519.10 Reserve Fund
BRANCHES:
Pondicherry Bangkok Huno! Battambang Hong Kong Saigon Cantho Mengtza Shonghat
Cantoa
Nam-Dinh Singapore Dijlouti Noumen Tientsin
Fort Bayard Papeets Batphong
Peking
Tour Vinh
Hankow Prom-Pooh Yunnanfu
BANKERS:
THE CHINA MAIL,
COMMERCE
AND
FINANCE.
to beat Bombay in the matter of
tured from the cotton exported from Bombay and made up in Japan and reshipped to Bombay.
and in North Ching,
all.
THURSDAY, APRIL 26, 1928.
To make effectual our control of
diminished to a very appreciable peaceful employment is offering. In That transaction representa the ac- extent. I think we can say that this way the population of Chinese quisition of a controlling intereat the tendency, both the North and settled down in Manchuria, chiefly in the P. and Q. Bank. Your direc- South, is to adopt a conciliatory at- on the line of the Chinese Eastern tora, after careful, consideration, titude towards Great Britain in Rallway, has increased by two decided that this investment was plate of the hostile anti-British millions.
desirable and justified on, several feeling which prevailed last year.
The Japanese. Crisis.
grounds. We regain control of The dificulties of transit up-
In Japan the effects of the finan« ] valuable business connections which country and the enormous impaal. clal crisis early last year, when had rather passed away when the into P. and O. Bank came into exist- tions that are levied on goods be- certain banks had to go more machinery was being kept fore they reach their destination liquidation, are still felt, and she ence, such business covering · India, idle, stocka continued to be very have naturally reflected on the im- has to face the fact of a surplus of Burmah, Ceylon, China and Japan, heavy. It is indeed difficult to realise the fact that Japan is able port trade, both through Canton imports of 185 million yen over her and we prevent the business get- The only export business, but, as I mention ting into other handa. Further, price in yarn and cloths manufac- marvel is that trade is feasible at od elsewhere, Japan is fully alive to we have a well-established business the fact that her export business | working in harmony with ourselves, must be increased to keep pace and ceasing to function as active Latest Reports From Shanghai.
with the demands of a population opponents. Our latest reports from Shanghai which shows an annual increase of During the past three years the indicate that better business has about one million, and it is only by the Bank, our good friend, Mr. and China was held on Wednesday, depression in the Bombay mill in- recently been done both in imports an increase in her industrial out-w. E. Preston, in whom we all have dustry has resulted in the closing and exports. At the same time we put that the position can be mot, the greatest confidence, and of seven hear that robberies and kidnapping The unrest in China must be a whom we have a very high opinion premises, 38, Bishopsgate, Londen, down of eight mills, while E.C., Sir Montagu Cornish Turner mills are being reconstructed. In have become so frequent that the severe handicap to Japan's trade(hear, henr) has become vice- chairman, while Viscount Inchcape the face of such active competition business section of the Chinese are with that country.
The Balance Sheet,
remains chairman of the P. and 0. (the chairman), presiding.
The chief manager (Mr. W. E, from Japan it is difficult to see how afraid to go about their affairs. I
Referring to the balance-abeat, Bank. Of our directors, Mesara. the Preston) having read notice prosperity can return to the mill think we may feel assured that no
the industry unless drastic remedies opportunity will be neglected by you will notice that the entry Bateson, Colin F. Campbell and to regain the "Cash in hand and at bankers," Mackay have joined the board, of convening the meeting
are adopted. In other respects in our Government auditors' report,
been good goodwill and co-operation of our which appeared. In our report of which I was already a member. I trade bas The Chairman said: Gentlemen, ternal
in old friends, the Chinese, to make last year at £10,013,953 108. 8d. am confident that the stop thus the less favourable results as com- throughout India. Jute mills
trade feasible and the country more now appears as £9,552,479 2a. 6d. taken will lead to the ultimate pared with previous years disclos- Bengal are prosperous, and
The difference is partly represented benefit of both the Chartered and A striking result of the continu- by an increased holding in bills of the P. and O. Bank. ed in our report and statement of continues to show very satisfac-settled than it is at present.
On the liabilities side of the and Java the piece goods business ance of civil warfare has been the exchange, including Treasury Bills, Accounts now presented for your tory resulta. In Burma, Straits adoption to-day reflect the un-
steady stream of migration during which stands on December 31 at, balance-sheet, current and other ec- favourable conditions with which has been affected by Japanese com- the past four years of the country- £19,761,881 28. 10d., as against counts show a drop of some three we have had to contend during the petition. In fact, this remark ap-folk-chiefly agriculturists from £17,392,620 08, 10d. in 1926, and by millions, but this is chiefly due to year 1927. We have experienced a plies to nearly all Eastern markets, the disturbed districts in North the purchase of 196,059 shares in want of real vitality and push in and it is very evident that Japan, China to South Manchuria, where the P. and O. Banking Corporation.
ever-increasing trade in certain directions, making faced with un it difficult to work on remunerative population, is following out lines, with the result that we have policy of pushing her exports into been unable to maintain the high every possible corner of the con- level of profits to which we have suming world where cheapness is In point grown accustomed in the past. It the main consideration. must also be recognised that com-of quality Japan cannot beat Lan-
cashire. Eastern Exchange petition in
India's Internal Resources. Banking grows wider and keener
During the last five years the in- every year, resulting in sharp com- pétition for any passing businesa ternal wealth of India must have The rates increased very appreciably. and in the acceptance of
and
on
tea
the
(Continued on Page 3.)
HONG KONG MARKET PRODUCE.
++
Prime Cut
Corned
*
Roast
t
Breast
*+
Soup
Steak
which show very meagre profits, seasons have been quite good and Beef Sirloin
the whole, excellent. Differences in exchange are now crops,
occasional political ven Apart from reckoned by sixty-fourths or
effervescences,
the country has worse, as compared with the air and reasonable differences which been peaceful and prosperous. It prevailed in happier days. This is is, perhaps, interesting to note that the following internal loans have especially the case in India Burmah, where we certainly enjoy a good share of current business, thanks to the continued support of many old friends, who can rely on our giving them the best rates ruling at the time.
and
Stabilisailon of the Rupee. In India the fixing of the sterling value of the rupee at 18. 6d, will make the year 1927 a memorable
date in the financial history of that country. Now that stabilisation has become an accomplished fact, and the rate is generally accepted as fair and reasonable, the rupèè!
The remains remarkably, steady. variations are very slight, about one-sixteenth either way, and the rate of exchange has ceased to worry the general trader.
}
been floated in India and have been generally absorbed by a public which in days
H
Steak Sirloin
› Sausages of old hoarded Bullock's Brains
rather than invested their ings:-
May, 1926 Government of India 4 p.c. loan was floated-Rs. 25 crores.
July, 1927-A further Govern- ment loan 4 p.c. was issued and taken-Rs. 24 crores.
Aug., 1925.6 p.c. debenture loan for 125 lakhs of Rs. was issued by the Commissioners of the Port of Calcutta.
Fent
W
Eggs, Hen
Eggs, Hen (fresh)
Fowls, Canton
Fowls, Hainau
Pigeons, Canton
+
Turkeys, Cock
Turkey, Hen
Pheasant
Partridges
Hofhow
lb.
65 30 31
11
45
28 30
.It
牛肉
40
28 30 22
21
coch
22 81
per doz. 32
18
25
20
16.
60 36
24
H
45 38
24
45 24
24
$ cách 65
80
་
28
65
60
61
BE FKKE6 ##6#####
和線配快班到本海海代大沙山藥
口
Ib.
each
pair.
each
ដ± គឺ ក រី ឌ គ 25 22 æ | | |
ឆឌ | នដ | | | | | ∞ }
APPROXIMATE RETAIL PRICES.
Butcher Meat.
Poultry.
April 20, June, June.
April 20, Juno, June,
1828. 1918. 1914.
Cis. Cta. Ote.
lb.
28
24 11
1929. 1018, 1914.
Cta. Cis. Gts.
Chicken
23 23 -12
23
12
Capons, Small
М
28 24
22
Capone,
Large
Duck
#t
24 20
18
28, 2018
Doves
28 24 22
(cooking)..
+
40 30 85
17
40 20
20
per aet 16
10 12
Sav-
12
Tongue, fresh.. Tongue, corned
ER each 65
50
60
Geeso
40
#
Fleed
#
$1.20
-- $1,20
Haart
п
lb.
24
13
14
Hump, Salt
84
20 18
"
8. 10
19
Snipa
内
Kidneya
15
18
12
W
H
Tall
28
20 22
Quail ...
H
#
Liver
lb.
24 18 14
Trips
M
7 4
7
set: $1.20 $1.00 $1.00
ib. 43
Zł
49
20
48 - 24
46
Ib.
73
$5
96. --
27
"J
Per set $
12
Bananas (bride's)
金山四期
"
22
24
16.
18. 15
滿山香藥
B
J
228 185
18
12
#1
Cocoanuts
11
15 20
1
Lemons, Chin
Beach 13 10
10
each
15 10
10
Lemons (America)
檸
檬16.
12
10 15
8
each 8
Lichees, Dried
lb. 43
80 24
32
25
23
Oranges (Canton)
荔枝干
lb.
20
21
30
Oranges
**BE
16
25
+
84 80 70
18
F
"
21 24
Peanuts
14
.11
10
60
70
#
Heart
p
each 12
8
7.
&
8
"J
*
Kidneys
Liver
肝
15 12 46
10
each 17
26 25
Walnuts
18
Sucking Pigs, to order. H
Ib. To 26 23
Grapes
#4 #
20 20 18
F
46 26 26
門
36 20 19
M
88
20
20
丰富
80
11
Mar., 1926. The same author- ity issued a loan of one crore...
Sept., 1926 The Port of Cal-
Calves' Head & Feet.. F Mutton Chop
Leg
*
Shoulder
Saddle
cutta, issued 5 p.c. debentures, Pig's Chillinge
rupees one crore.
Brains
H
Feet
Fry
Head
71
Heart
"
Kidneys
Liver
34
R HE
R+ERE6BEEEBOZNAKETARZEIBOB***##BOB*82*«S
Sept., 1925.-The Calcutta Im- During the early part of 1927,
a loan!' provement Trust issued Keelung, Makong, Nanto, Shin- while the rate of exchange was still
of Rs. 50 lakhs 6 p.c, debentures. chiku, Taichu, Tainan, Takao, in the balance and the price of
Port of Dec., 1925.- The T'amu Toen, Heito, Taito.
Karachi issued a loan, of one CHINA: Shanghai, Hankow, Ames, cotton very uncertain, piece goods dealers in India were working with Foochow, Swatow, Canton.
crore of rupees 6 p.c. debentures. OTHERS:-Hong Kong, Singapore, great caution, and later on in the The sum
total being Rs. 53% Pork Chop Soerabaya, Semarang, Batavia, Bombay, Calcutta, London, New Year equal caution prevailed as the crores, or about 40 millions steri- result of the shifting price of raw ing. Cash certificates or, as We cotton and the changeable quota-should call them, War Savings The London County Westminster and tions from Manchester. The Man Certificates, have been issued since Sheep's Head & Fest.. per sat 85
chester market was usually, above 1917 to the extent of 40 crores of The Book Correspondents fir the Commercial Centres is the Europene Contfernt. Rais, Marthe views of the buyers in India rupees, or £30,000,000, and this chuele, Taingtao, Japan, Into-China, Siem, India, and -n set-back in business
occur- should be added to the 40 millions Philippias Flunda, Java, Adrien, U.S.A., Australia.
York, Dairen.
LONDON BANKERS:
Parr's Bank.
interest alowed on Current Accounts, and Firaded. In one respect this is all to IN FRANCE: Comptoir National Deposit e rates which will be quoted on applica the good, for stocks have not ac-
d'Escompte de Paris; Credit Lyonnais; Banque do Paris et des Pays-Bas; Credit Industriel et Commercial; Socioto Generale.
IN LONDON: The National Pro- vincial & Union Bank of England, Ltd; Comptoir National d'Escomple do Paris; Credit Lyonnais..
Co
IN NEW YORK: J. P, Morgan & French American Banking Cor-
HONG KONG BRANCH:
3, Des Voeux Road Central, Hong Kong, 22nd September, 1927.
:
sterling already referred to.
T
Leg
Loin'
#
Fat or Lard....
It is interesting to note that Suet, Boof shipments of gold coin and bar gold from South Africa to India direct Veal in 1927 totalled £7,268,000, while shipments from London to India " amounted to £2,500,000 only.
Shipments of silver from ai]
03. Definits * in Yen can be accepted.
cumulated and the cloth markets J. IHARA,
Manager. are in a fairly sound condition, The Trend of Indian Trade. In wheat and seeds a moderate export from India has been put through, while shipments of jute and tea have been normal, with quarters to India amounted in
THE BANK OF CHINA.
行銀國中
poration; Guaranty Trust Co. of New (Specially Authorised by Presidential
York.
Interest allowed on Current Accounts: and Fixed Deposits according to arrangements.
Mandate of the Republic of China
the result that the balance of trade value to Rs. 18.28.11.000 or, say, Barbel
to a £13,710,000. About half of this Bream..
in favour of India amounts
substantial figure. The outstand-umount represented direct ship-Canton Fresh
猪猪猪猪猪猪黹 猪猪猪羊羊羊羊乳牛中
ཆ ར སྒྲ
Almonds
Apples (California)...
Carambols
Pears (Canton)
Persimmons, Large
Plantain ..
Pumelo, Siam
Artichokes
Beans, Sprout
#2
Long
Beet Root
Bitter Squash
Brinjals, Green
Cabbage, Chinese
Fruits.
金山簿
-
Vegetables, &c. .
each 12
#
Ib.
#
Mutton
Sausages
No. 1..
Fish.
癲
Ib. $2 10
24
篇
16
28
16
海鮮
35
17
18.
27
22
12
11
M
(Shanghai)
36
25
*
Cane Shoots, bunch
40
20
P
22 16
JI
45 23
40
15
10
16
28
10
on the 22nd of November, 1917). ing feature la the increased exportments from New York to India. Water Fisk.
The F.M.S. and the Straits. of ground nuts, which, it is ex-
Carp Authorised Capital .$00,000,000.00
18,278,000.00 pected, will reach 950,000 tons this
9.020,425.24 season.
Paid-up Capital
Every description of Banking and Reserve Fund Exchange Business transacted
Safe Deposit Boxes to let.
CH. LEM,
Maunger.
Hong Kong, 28th February, 1927.
HEAD OFFICE: PEKING.
HONG KONG BRANCH:
In the Straits and F.M.S. the Catch prosperity which has marked re- Codlah In a recent report on the tra le of cent years in those countries has Crabs Indin by Mr. Ainscough, Senior declined for the time being, owing | Cattle Fish Trade Commissioner, Calcutta, it is to present conditions of the rub-Dab pointed out that the decline of Bri- ber industry. Both the export and Dace 1. Queen's Road Central.
tish imports into India has been import trade is suffering rather Dog Fish Branches and Sub-branches all over from 61 p.e. to 48 p.c. of India's severely in
consequence, though Eels, Conger Chins and Correspondents in Europe, THE YOKOHAMA SPECIE BANK, America, and other parts of the world. import trade. Imports from Ger- the tin industry is holding its London Bankers: The National Pro-many, Italy, United States, France own. Whatever the decision may LIMITED.
Ltd.
珞肚 水
公班
SEE-SHI KEESKENDURZAZOVERVEZESORE NELAS 1 #
T
** *
**99** TAAK N
PÓS⠀⠀
***
******8229
26.
*9 2 68-212199*S******************
Red
1
12
'Cauliflower (Large)
(Medium). #ach 25-
(Small)
Carrots Celery, Chinaso
Chillies, Dried
Red
*
H
75
32... 25
PA
80 ·40
H
17
30
39
18 26
$2 18
17
$2 22
TH
$
48 22
46
80. 20 *
18
#
30
18
H
#
40 10
#1
N.
Fresh Water
J
12
Yellow
Established 1880.
Capital (Cully paid-up) Yen 100,000,000 Reserve fund
Yen 99,500,000
Head Office:-YOKOHAMA,
Branches and Agencies at:
Newchwang,
The Equitable Trust Company of dyed cloths and grey goods, and, price of rubber, whether grown in Lahrus
Llan.
Batavia.
New York,
Osaka.
Manager.
Established 1012.
Kobe,
London.
BRANOUKS
Lyons.
Mania.
vincial and Union Bank of England, and Japan have mainly accounted be as regards rubber restrictioną Frogs
The Guaranty Trust Company of for this decline, especially in con- the fact has to be faced that the Garoupa
|nection with the supply of cheap result of native-grown rubber is a New York,
New York Bankers:-The Irving manufactured articles, printed and very marked factor in National Bank,
in addition to this cause, the New York.
de the F.M.S. or in the Dutch East Interest allowed on Current Accounts mand for textile machinery and Indies. It is, perhaps, unfortunate and Fixed Deposits. Terins on applies-railway plant had fallen off. I do that this has not been recognised Mackerel
Every description of Banking Busi-not think we need be alarmed at earlier.
this, for it la more than likely India ness transacted."
Loans granted on appsoved accurities, will require in the near future As regards China generally, it is Oysters Special facilities for Home Ex-Iarge quantities of railway mate- extremely difficult to judge what Parrot Fish change.
rial, and the orders should come are the actual conditions.
They Perch SHOU J. CHEN,
to Great Britain.. But the main are certainly no worse than they Pike point is the question of price. As were twelve months ago, and they can supply goods of sufficiently seem to be a little better, but the THE BANK OF CANTON, LTD. good qual y. and at a cheaper price deadly canker of civil
war still Pomfret, White than Great Britain, the advantage | exists, with dire results to trade must be with those competing and industry. We read of atro Prawns countries which
can underquote cities committed by the Communist
Rock Fish our manufacturers,
bodies scattered about the country.
Koach The Bombay Mill Industry. These reports may be exaggerated, Salmon Attention has recently been call but in any case the masses of the
Shark ed in Bombay to the abnormal in people suffer untold misery and crease In imports of cloth from will continue to suffer so long as Skate
Shrimpa Japan, which has affected very ap- civil war continues. preciably the prosperity of the Bombay mills. The chairman
Gudgeon
the sale
Herrings Halibut
Loach
Lobsters
Chinn.
Monk Fish Mallot
Plaice
»
Pomfret, Black
"
白糖
Ray
.i
"
H
#÷ȶ8÷******28** ⠀⠀ * * 9848
289 ************
44
42
БО
38
80
15
$2 22
€6
*8.
7888992
14
#
Radish
12
8
14
40 - 8230
26
802218
- 28***
78-8-
10.10
85
Alexandria,
Bombay.
Kuenos Ayres.
Calcutta,
Canton. Changchun Dairen (Dalay). Fengtian (Mukden).
Hamburg. Hankow.
Barbin Hong Kong. Honolulu.. Kai Yuen.
Karachi.
Los Angeles.
Nagsaukl
Nagoya.
Peking. Rangoon. Rio de Janeiro. Saigon,
San Francisco, Seattle. Semarang. Shanghai.
Shinonozaki, Singapore. Soorabaya.
Sydney,
Tientsin. Tokyo.
Tainonfa.
Tsingtau. Vladivostok.
(Temporarily closed). Interest allowed on Current Accounts. Deposits received for Axed periods at rates to be obtained on application
H. MORI,
Hong Kong, 12th Marsh, 1998.
Head Office:-Hong Kong.
Antkorlard Capital (ULK. Quremal) ...#13,000,000 Paid Up Caplist degunamuona... 8,001,200 Reserve Fund
£50,000
Bwalow,
Canton, Bhangisal, Hankow,
Bangkok, New York and San Francis
LONDON BANKERS
The Lloyd's Brak Breited.
CONNFAPONDENTS
In all principal cities of the World.
Formiga, exchanges and banking badiness of very description transssted,
pa
Bale Depold Bozes (tazione, alan) at a yearly
rental of from 10 to 240.
| LOOK "POONG- SHAN,-
Hong Kong, 18th February, 1921,
.....
Certainly In the South conditions Sapper of would seem to be better, especially Soles
the Association of the Bombay Mill in the relations between Hong Tench
spite of the fact that more and Moscow influenco peems to have
***
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