NOTICE

AMERICAN EXPRESS COMPANY.

america 1841

Established

Europa 1841.

HEAD OFFICE:- NEW YORK CITY.

WORLD WIDE SERVICE.

Exclusive Offices maintained at all principal cities in America.

ANTWERP

Foreign Offices.

BARCELONA

BERLIN

BORDEAUX

BREMEN

BRUSSELS

BUENOS AIRES

QAIRO

CHRISTIANIA

COBLENZ

COPENHAGEN

EDINBURGH

GENOA

GLASGOW

GOTHENBURG HAMBURG

HAVRE

KOBE

LIVERPOOL

LONDON

LUCERNE

MANCHESTER

MANILA

MARSEILLES

MONTIVIDEO

MONTREAL

NAPLES..

NICE

OSTEND PARIS

PETROGRAD

RIO DE JANEIRO ROTTERDAM ROME

SOUTHAMPTON SHANGHAI STOCKHOLM TORONTO VALPARAISO WINNIPEG YOKOHAMA

In Process of Organization.

ALEXANDRIA.

ATHENS

BOMBAY

CALCUTTA

HAVANA

SINGAPORE WARSAW

SHIPPING AND BANKING CORRESPONDENTS AT ALL PRINCIPAL CITIES AND PORTS OF THE COMMERCIAL WORLD.

OUR FACILITIES INCLUDE:

Financial, Transportation and Travel Service.

Advice on Packing, Shipping Routes. Foreign Custom

Requirements.

Credit Information, Market and Trade Reports,

Financing of imports and Exports

Issuance of Drafts, Money Orders, Travelers Cheques, and

Letters of Credit.

Bitis of Exchange negotiated and collected. Mail and Cable Payments effected:

Commercial, Time and Savings Deposits received in local

currency, Pounds Sterling. United States Francs, Peso, Taef and Yen currencies.

YOUR ACCOUNT IS INVITED.

Dollars.

C. H. BENSON,

MANAGER,

Hongkong.

LITTLE FOLKS' CORNER.

ADVENTURES OF THE TWINS.

A-MARVELLOUS CURE.

THE HONGKONG TELEGRAPH.

COMMERCIAL NEWS.

SOUTH WALES COMBINE. Strong efforts are being made to promote a combine in South. Walos to include steel, coal and patent fuel industries.

THE GRAND CANAL.

The Chinese Government has organized a bureau to arrange for repairs to the Grand Canal, which has become congested with mud and debris.

CHINA GIVES JAPAN CONTRACT

FOR SLEEPERS.

TIT Demand

4 m/s

30 dis

|

60 dis

T/T Shanghai

TT Singapore.. T/T Japan

FRIDAY, MARCH 11. 1921.*

HEAD OFFICE FOR THE ORIENT :

SHANGHAI,

BRANCHES:

PEKING

CANTON

CHANGSHA

HANKOW

MANILA

SINGAPORE TIENTSIN-

EXCHANGE.

BANKS.

(Opening Rate: closing Rate

on Page 11.

ASIA BANKING CORPORATION.

(AN AMERICAN BANK)

SELLING.

2/23/

2/274

2134

CAPITAL SURPLUS & UNDIVIDED PROFITS: HEAD OFFICE:

U.S. $4,000,000.-

NEW YORK, U.S.A.

U.S. $1,189,000. BRANCH:

SAN FRANCISCO

Nom.

96

8914

TIT India.....

17514

Demand, India T/T San Francisco)

& New York,

4354

IT Java IT Marks IT Francs

126

Nom. 5.95

Demand, Paris ......

BUYING.

A

4 m/s. L/C

2/456

4 m/s. D/P ...... 215

6 m/s. L/C

2/5/4

2/634

THE BANK OF CHINA.

453%

Nom.

6.55

6.75

The Mitsu Bussan Kaish has secured a contract to supply the Peking-Suiyan Railway with 140,000 alcopers.

KOWLOON-CANTON RAILWAY,

A Railway is projected bet- ween Walchow and Ping Wo (Kowloon-Canton railway), distance of 45 miles. The cost is estimated at $3,000,000. GERMAN JUMPING IN JAPAN. Gorman and Belgian dumping of iron and steel is proceeding space in Japan. The prices are said to be from Y. 20 to Y. 30 a ton cheaper than the American and British products.

COAL FOR THE MIDDLE EAST,

There have been few enquiries for Jananese coal from the Middle-Eastern market., which is getting Australian and British coal in good quantities and at prices which compare favourably

with other countries,

FRENCH PREFERENCE FOR BRITISH COAL,.

Large quantities of American coal are arriving in France, but

it is reported that Franch steam- ship companies prefer Cardiff coal to the American variety, in spile of the latter being cheaper.

NO-SOUND MOTOR.

|

|

30 dle. Sydney and? Melbourne

30 d/s. San Francis-}

co & New York

4 m/s. Marks

4 m/s. France

Nom.

6 mja. Francs.......... Deniand, Germany. Demand, New York 434

Nom. T/T Bombay ......... Demand, Bombay... 17534 T/T Calcutta Demand, Calcutta... 17534 On Yokohama..... 89 ... 99 Demand, Manila Demand, Singapore. 96 On Haiphong

Nom. On Saigon

*****. 941

Nom. 8.70 Gold leaf per Tag)... 52,60 Bar Silver, ready... 315%

forward

307 Bank of England rates 7% New YorkLondon,., 3.91

On Bangkok Sovereign

SUBSIDIARY COINS.

Messrs. Sale and Prazar of Tokyo have acquired the rights of the "no sound” motor at a cost of V.1,000,000, states. Shipping and | H'kong 50 cts, pieces 1'10) dis. Engineering. The motor is the invention of a Russian and is reported to be the ident! aeroplane engine.

JAPAN'S IRON AND STEEL INDUSTRY During 1920 the output of pig- iron and steel in Japan amounted to 730,000 and 570.000 respectively. Compared with 1919, there is a decrease of 70,000 tons in nig-iron, and an increase of 20,000 tons in steel.

tons

WATERWORKS FOR TSINAN. Several officials of Shamung province have united with native bankers to install a waterworks at Teinan. The share subscrip- tions are limited to Chinese and the capitalization of the company has been fixed at $1,000,00. The work will be started within a short time. The company has been given an exclusive franchise for Tainan and the surrounding settlement.

Mr. Scribble. Scratch came puffing back to Meadow Grove School in five minutes, as he had run all the way from Farmer Smith's barn, having watched the ild tin rooster on top as he swung DEVELOPMENTS AT HARBIN. around on a pivot.

"The wind is south by north," he told Dr. Mink. leaning toward the west."

with a little

Moro than twenty machine shops are in operation in the city of Harbin, but the majority of "Fine!" nodded Dr. Mink.." Now I can cure Markie Muskrat. them are small in size. Most of i'm sure.

You see the wind has to be just right."

the owners are former backsmiths Marvio aut very still and didn't any a word. Neither did Nancy, whose capital outlay is limited. who had slipped her little scissors back into her pocket the minute However, they do produce small Dr. Mink had set Markie free from the chewing-gum that was hold-flour milling machines and print- ing him down.

ing presses. The larger plants

Just then all the others returned from the errands that Dr. Mink are equipped to "build machinery had sent them on, never for a moment suspecting that all he wished of all Kinda and several have

shipyards in connection

with them.

A large iron works, Shwang Hou Shen, is to be established near the Great River. this spring. Many Chinese and foreign engineers have already been engaged for the plant,

“The wind is south by north," he told Dr. Mink.

way to get them out of the way while he was cutting Markie loose.

Judge Crow brought the grain of corn he had been told to get, then Mr. Chuck came in lugging a sassafras root. Scamper Squirrel

SAVARESSES SANTAL CAPSULES

10 3

1/2 dis

12 dis. 14

Canton subcoins Hongkong Mar. 11, 1921.

All Descriptions of banking business transacted.

Interest allowed on Current Accounts, Savings Accounts and Fixed Deposita in Local Currency, U.S. Dollars, Sterling or France.

American Bankers Association and Quaranty Trust Company of New York Travellers Cheques sold by us. Payable throughout the world,

VERNE CLAIR,

Acting Manager.

BANQUE INDUSTRIELLE DE CHINE.

(FRENCH BANK)

(Specially authorized by Pre-Subscribed Capital sidential Mandate of the Republic Reserve Funds of Chitin on the 22nd of Novem-repells... ber, 1917.)

Authorized Capital,.£60,000,000.00 Paid up Capital...... 12.279.800,00 Reserve Funds 7,796,023,00,

HEAD OFFICE: PEKING

ווי

FIL

150,000,000

75.000.000

F -1.0,000,000

The Chinese Government owna on n-third of the Capital

hairmen of the Board of Director

Ander Berthelot General Manager 1-k.♬ Termotte HEAD OFFICE:

Ar{werD

Balaria

Bureaux

Foodhaw

24, Kar BainĦLazarr, PAHIS BRANCURA:

HONGKONG BRANCH: 20/21 | Connaught Road Central Bran-Dunkerque ches and Sub-branches all over iphong China and Correspondents in Japan. New York, San Francisco, Singapore and Manila.

London Bankers The National IN Provincial and Union Bank

of England, Ltd..

The Quaranty Trust Company of New York.

New York Bankers: The Irving National Bank.

**

Interest allowed on Current Ac- counts and Fixed Deposits. Terms on application,

dis Every description of Banking Business transacted:

IN

Voorkons

fun-lin

bron

Bareille

Monkden

Sme York Prin Inom Heph

bagon

BANKERS:

Shanghai

Kingapore

Swaiom

Tipptaln

Tainant

Viniventiok Yokesma Yuan nin

HANDY: Rogiere General pour favoriser

Je Nevetuppement du Commerce et de

Industrie Frane.

Back Gelted.

LONDON: Lauren Joint City and Midland

IN SAN FRANCISCO: Crocker Sallon iBank

Correspondente the Chiri Comm Center of the World.

Telegraphic Address: CHIBANKIND.

Intarent on Purrent Accounts and Fixed Denokta in al Currency and in Gold. Terms en Application.

Every deseription of Banking soð Ézobsoja bunicer transacted.

Special facilitive for Frenak #rehar, e*,

M. MONT ARGJA.

Manager.

Loans

granted On approved securities.

Hoogkong, 20th January, 1891.

BANQUE

DE

(PRRSCH BANK.)

PEAK TRAMWAYS CO., LTD. | Special

TIME TABLE.

WEEK DAYS.

EN

15 RUN

... 18 min

23 2

и на D

19.30.5,43

to 14 06 .71

AMVI

9.30

10,3

16 12.30 pa

12.30 s

2.40 6.00

142

2.30 pr. 100 p.

8.15 pm

NIGHT CARS.

15 min

1 min

thenin

15 on

10 min

b. m 9.00 p.m. 9.20 p.m.

11.45 p.m

to 130 p.m. every 20 comites

30

SATURDAYS.

PATHA VAR 12.00 mintuigta

SUNDAYS.

7,308.05

...to 10.50 a m 10.30 .. te 11.00 a m a).30.6 at in 12.00 tượng 12.00 non for 409 pema.

2011. 1.00 . In 9.50.500 p.m 5.00 p.m. t

8.10 p.

NIGHT CARS.

karu beer Bas-.

SPECIAL CARS.

facilities for Home Exchange. Interest on Fixed Deposits at the following rates:--

For 3 months 3% per annum For 6 months 4% per annum For 12 months 5% per annum

TSUYER PEL

Manager,

THE BANK OF EAST ASIA, LIMITED.

HEAD OFFICE

No. 2. Queen's Rand Central, Hangyosa Established 1919.

13

15 >10

10 anim

15 anin

10 mia

PAID-UP CAPITAL...... RESERVE FUND..

15 min

10 ti

BY TRRANGEMENT AT THE SOUPANT'S OPPIER, AT&XANDRA PUILDINGS, > TOK BA.

"For the Blood is the Life,"

Sufferers

from Bad legs. Abscesses. Ulcers, Pies, Glandular Swellings, Eczema, Bolls, Pimples and Eruptions. Gout, Rheumatismo, mut mahse that the only sure way to complete and lasting relief is to free the blood of the poisonous waste Tatler, the one cause of such troubics. Clarke's Blood Mixture contains ingredients. which soon over- come and expef the impurities, that's why so many Jasting cures stand Lo ita credit.

Plasket to take.

Of all Chemiste and Stores.

Clarke's Blood Mixture

PHYSICIANS RECOMMEND THEMZ

Sado in Lanham,

Kofuse Substituren.

Blood Purifier.**

"Everybody's

brought a prickly burr, Cutie Cottontail, a loaf of lettuce, and others YOU CANNOT AFFORD TO BE WITHOUT THEM

brought wheat, mass, and the different things Dr. Mink had sai were necessary to cure the little muskrat boy of his dreadful diseas called stuckankantmovaninol.

When everything was quiet again and all the Meadow Grove pupils had returned to their, seats, Dr. Mink mixed everything together and pounded it with a stone. Then he gave Markie of Infants and Dyspeptics; (3) MILFORD MCGRATH FLUID spoonful, and said fcharm which went like this:

Chewum, gumam, situm, stickum. Don'tum tellum sureum lekum," Thou be waved his hands three times.

Now get up he commanded. And sure enough Markia stood tight up.

“Wonderfull" gasped the fairyman schoolmastor. “Mar-

vellous!**

Terry Toad hold-up his hand. "Please, his hair's all off be. hind!" he said.

"That" coughed Dr. Mink, "is always the way with this dis

The hair comes out awfully.”,

OX24.

(To be continued to morrow)

JUST received a large Consignment of (1) LACTOGEN the most digestive food for Infants which keeps good in quality during Hot Weather; (2) LACTOSE (Milk Sugar) for sweatening the foods

INSECTICIDE the Best Fluid for destroying Fleus, Mosquitoes, Bugs, Flies and all other Insect Pests in Summer days; and (4) JOHN CAHILL'S GOLDEN FLEECE, MAGIC and CINDERELLA SOAPS for keeping everything clean in Houses.

PRICES are Very Moderate Inspection and Enquiries dre cordially fivited.

SHIU · FUNG TAI & CO. Solo Alena for Hongwong and South China.

47 and 48 Conusught Road Central, Hongkong. Telephone No. 1239.

--- ---....$2,009,669, No

DIRECTORS:

Mr. Yog Wai Ting, Chairman.

Mr. Chas Shom Son,

Mr Her d'hon,

Nr. Fung Ping Shan. Mr. Buck,

Mr. Kao Ying Pa

Mr. Mut Ching Bang.

Mr. Wong Yun Tang. Mr Chan Ching work,

Bang fok, Mr. Kap chia Nas.

Chief Manager. Mr. Kra Tong te

Au Manswer, Mr. £a The Peng

BRANCHES & AGENCIES:-

LONDON

SHANGHAI КОВЕ

NACASAKI

SINGAPORE

TIENTSIN

MAHILA

SAMARANC

NEW YORK

SAN FRANCISCO

TOKOHAMA

SAIGON

PENANG

HANKOW

BATAVIA

SOURABAYA

London Signere:-The Landon Joint faty and Midland Bank. Ed.

Every description of Banking and Exchange business transacted. Loans granted on approved Securities.

Interest allowed on turrent Betiveal Account the Tale of Tan per cent, jer Autumn bay- inga Account four per real- jer augein, and c Fexel Depests of the following rates,im

For that the rate of 33, per a Fothes at the rat 4 po For 12 some at the cafe of 6%

KAN TONG 19,

-Cut Slanger. Heugkung, Datehez 17† 1620.

THE INDUSTRIAL AND COMMERCIAL BANK, LIMITED.

BANKE

HONGKONG AND SHANGHAE BANKING CORPOPATION, HEAD OFFICE HONGKONG.

Paid-up Capital Reserve Funds:-

Starling...

Silver

***

$15,000 900

*2 500,000

#21,500 000

Reantve Liability of Proprietors #15,800,hom

COURT OF DIRECTOR":!

OT.M, KAM!n« keq,-dial-man

4.M. Ded. En-Dausi Cha

4. Compino Ba. || A. D. Tape Big 4.5 -hbaw. Kaq. Hap. M... D. Parad

Mr. Hoivant W. L. Peternder, Regi Hon. Mr. Jouastone · 2. A. Plummer, too.

Chial HasaYA? *—

A. O, STEPHEN, RAJ. Manager 1 »ngkooƒ.......................A. H. Bartow, Frz. Kuting Monagar Khangbai....G. E. STITT, Kex

LONDON BANKWEN↑ LONDON COUNTY WESTMINSTER & FARR' WANK, LIMITED/

Curiat Angounta opened in' Local CvTTANOW and Fixed Deposits regelvað for omé VERY DE shorter periodi in foeat Corzoney and binig on tesque which will be quoted co application.

Hongkong, 26th February, 1920.

HONGKONG SAVINGS BANK..

THR Business of the above Bank 1 Fondused by the RONGKONG AND SHANGHA! BANKINO CORPORATION,

Rules may be obtained on application, **INTEREST on deposits is allowed on the Miniram monthly háiences at 93% per annum. For the Hongkong and Shaarbei Bacher 5th gr Corporating.

A. G. STEPHEN,

Chief. Manne],

THE CHARTERED BANK OF INDIA, AUSTRALIA AND CHINA.

focorporated by Royal Charter 1885.

PAID-UP CAPITAL RESERVE FURR

arrows by postignal streng £3,000,000

RESERVE LIABILITY OF₤3.009.099

PROPRIET A9,000,000 FOREIGN EXCHANGE sad Grangal Bank, ing business trapracted.

CURRENT ACCOUNTS opened and TIKES DEPOSITS rennived for 1 year de spertad paried at rate which will be quoted on ap plication.

A. H. FERGUSON..

Acting Manager. Hongkong, 1st January, 1914.

BANK OF CANTON LIMITED.

L'INDO-CHINE HEAD OFFICE, HONGKONG

Head Moo; 16 bir Rue Lantte, Parigi

Capital...

Franek

H

-41

BRANCHES AND ADEKCIZE

Hongkoo

Wipes se

Pauerte.

Rangink

Battambang

Canton

touch

it phong

MORUNTE

Farvi

Younes

Peking-

Even Tha Pondichery

НАЧКЕНА

IN PRANCE: Comptoir National

FOREIGN EXCHANGE and

General Banking Business

48,500,000 50.000,00 Transacted.

Malgun Shanghai Knuspero Tintin Tourage Ylądavatnek

31mpit

de Pariz: Credit Lynonnas: Pangan Ie Parte dee Pay-Bar; edit Industrial et Commercial Hojorte Genarale.

IN LONDON: The National Providele kat Teton Dhak of England lag., Cope Fleir National d'Escompte de Pazing Credit byɑkəsin.

IN NEW YORK J P. Margo & Co.

Futerear inwed on Curetat Accounté audi Piard Depreise spcheding to arrangement.

Prary deseription of banking and eachangi Ferien zaprted.

V MAKSOT,

Veling Manager.

tonkung. Datuber 2ixa, IMIE,

INTEREST ON FIXED DEPOSITS.

For 3 Months 3% per annum.

For 6 Months 4% per annum,

For 12 Months 44% per annum.

LOOK POON SHAN,

Chief Managet,

THE YOKOHAMA SPECIE BANK LT

ESTABLISHED) 1880.

Y-100,005,00 T. 00,000.00e

BED OPTICA, TOKJHAMAJ

Branches and Agencies se

Capital (fully pair up to play Revert und

THE MERCANTILE BANK OF Bon Apron

INDIA, LIMITED.

Beat Unter ih, Graceluruh

Herrat, Landơn, ■. D. 3.

Authorised pistal

Bubrorived Capital

[Paid Up Capital

"Hemerin' Budd

DAKKERS

The Book of England

Rangoo Horrahayı Üni god dan Franz Bentle

Batavia

Kai Fuen

Bombar

Knbs

London

Galeotta

Lyaas

Changchun

Los Angeles

B

aire (ny) Manila

Kentien Muiden Nagasak!

ilankow Honslula

Tabpu

Newbang

› Cake

New York

Peking

Singapore Bhimonoset!

Bydney

Tionisin

Teinkafo

Vivontock Telugtan

Interest allowed on Current Accounted

Uarbia

#3,00,000

1,100,000

1,050,000 1,050,000

The London Jaent City & Midland thus k kt.

BRANCHES:-

Honbay Chiantis

Columb

Teethi

Galle

Karachi

Kota Bha

Kusia kumppa

HAUS

Sew York

Angkor

Howrub

haudy

Pues on Souration)

Singapore

HONRRUNG BRANCH

Репапк

angion

Stanglin

Depaalt zeenived for Azed period at 2018

be obtained on application.

G. HASKIDZUME,

Manager.

Bonghong, 13th, Septembar, 1929.

INTERNATIONAL BANKING

CORPORATION.

www.start

CAPITAL AND MURPLS4: ÜNDIVIDED PROFITS:

1. 3. $20,000,000 1.8..3 1.200.90€

Every devorietion of Beaking and Exchange | (owned by the Nailonal City Bank of New York,J Dajana vyneseted.

HEAD ORPIPE: 66 Wall Street, New YokK.

Interest allowed on Current Account, st 2 per cealer abuse on Daily Kolences, and on Flami Depussin at rates which may be ascertained

OBS/DIAGRITOU.

N. C. WILSON,

kering kikas et.

7, Queen's Kənd teostat Hoogkutik, 12to December, 199

|

BRANCHES :

LONDON: 36 Slabopagate; E, C,

LYONS: 27 Place Tolozsa

RAN FRANCIS(); 232 Monlgpraucy Ktract. CHINA; Canton, Hunkow, Harbių, Hobgkong,

Peking lagi, Tit

DOMINICAN REPUULIC: Puerto Plata, Hau Pedro de Hacoris, Sandhos Banklago, Hanto Domingo, Darahona, San Fran pisco de Manoris,

Head Office: 6, Les Voeux Road, Central, Hankow Branch; Russiau Concesion. DOMESTIC & FOREIGN BANKING, THE CHINA SPECIE BANK LTD. AVA: Batavia, Houzuby.

SERVICE PROMPT, Current, Savinge, and Fixei Deposits bear Interest at Rates) 2%, 4%, 5%, respectively.

Manager.

J. USING LY, Hongkong, 7th July, 1919.

THE CHINESE BERCHANTS

BANK. LTD...

BANKS" # K

Alasutra Backersejn, Chanang Manil

LEES.

HEAD OFFICE:

St. George's Building, Hongkong.

Chairman of Board of Directore Me Wong Shiu Ham Chief Manager... Mr. L. S. Iolum Asst Manager... Mr. K."T. Wong Hongkong Manager

Mr. I. P. Allen

)

INDIA Bombay, Catonis, Rangeon. JAPAN : Kove, Sokahamu,

| PANAMA ; Colon, PausIMA

PHILIPPINE ISLANDS! Cebu Manito. NPAIS : Baterions. Medzidzj- STRAITS SETTLEMENTA:"Bingaporən

BRANCHES OF THE NATIONAL, CITY BANK OF NEW YORK.

ARGENTINA : Buenos Aires, Bavaria, BELGICH: Antwerp, Brussels. BRAZIL Dahle, Persabuda, Porio Atexkm:

Rinde Janairo, Hunion, Ban Partio, | CHILE: Naukiago, Valparaiso,

COLOMBIA: Barranquila, Bogats, Medullin,

ITALY: Genoa, di

CUBARVE sad 21 oitise la Dube.

PERO

PORTO RIƯÚ: Ponce, Sen-dent. BUBBIA Mazow, Petrograć, (temporsrity

cloud). BOETHAZRiga: Kape Town,

Farsign exchange and genera KORTING,

banking business transacted."

Curent, Savings, and Fixed deposits bear interests at raten ONITORY RECHELE opined was fired Deposita 2%, 4% and 5% per annum re- Tomasyonunda akan may be nauszenied spectively,

· Sanar gravid on paprovad ersurītise,

L. 8. HOLUM,

FORNLAODGA: Spronas,

All - deseriptions "of banking hignikone" fra koled.**

„Interest, allowed on ourtant sasabuse Bad dxed deposlis in loend or foreign edizinalin sí Tiers to be materialasd on applianščeky.

Chief Manager. Hongkong, 2nd October, 1925. ↑ wingkong, tih May 1999,

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