NOTICE.

AMERICAN EXPRESS COMPANY.

America 1841

Established

HEAD OFFICE : --

Europe 1991.

NEW YORK CITY.

WORLD WIDE SERVICE,

Exclusive Offices maintained at all principal cities in America.

Foreign Offices.

GLASGOW

GOTHENBURG

HAMBURG

HAVRE

ANTWERP

BARCELONA

BASLE

BERLIN

BORDEAUX

KOBE

BREMEN

LIVERPOOL

LONDON

LUCERNE

BRUSSELS

BUENOS AIRES

CAIRO

CHRISTIANIA

OOBLENZ

COPENHAGEN

EDINBURGH

GENOA

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 PEKING

SINGAPORE-

TIENTSIN

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.

Bills of Exchange negotiated and collected. Mail and Cable Payments effected,

Dollars,

Commercial, Time and Savings Deposits received in local

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

YOUR ACCOUNT IS INVITED.

COMPANY MEETING.

C. H. BENSON,

MANAGER,

Hongkong.

THE HONGKONG

TELEGRAPH.

deposit in Java which are taken into the accounts at the rate ruling on the 31st December. The amount will ho credited to

FRIDAY, MARCH 18. 1921.

DAY BY DAY.

BANKS.

raw sugar shipments as soon as the Banvard Musical Comedy ASIA BANKING CORPORATION.

the guilders concerned are used, to-finance purchases made for shipment this year. The amount actually standing at the credit of of this Reserva is $100,010, as shown in the last accounis.

To a must appreciative audience

Company gave a repeat perform unce of "Harem Bolies" last night. The show was immensely enjoyed. To-night the attraction will be "Peaches and Cream,' which is also to be put on to- morrow. Miss Lake, the now- comer to join the Company, will! appear in this revue..

1 now come to the prospects for 1921, and it gives me much pleasure to be able, to tell you that--always provided some un- looked for catastrophie door not

Caught in the possession of 722 take place we appear to be fairly rounds of ammunition, an arms safe. A considerable portion of

runner yesterday endeavoured to our requirements of raw sugar

relieve himself of this evidence by for the present year have been already bought at cheap prices throwing them into the harbour. and sales so formade have beeno had succeeded in throwing! away two packets before he was satisfactory. There does not an overhauled and arrested. A fine pear to be any outstanding factor of $200 was inflicted

un the likely to cause violent Buctuation prisoner by Mr. G.N. Orme at the in prices and any fluctuation Police Court this morning. that may come should be in our

favour.

I now propose that the report be and accounts as presonted adopted and that the balance ut credit of Profit and Lugs Ac- ount be distributed as follows:-- The payment of a final dividend of $65 pershare, ebsorbing $1,300.000: Sugar Finctuation place to

to Account, $700,000: place Equalization of Dividend Fund. $300,000; place to Employees Provident Fund $100,000 place o Building Reserve, $140,000: writes off Patent Rights, $50,000; pay to the Staff a- Boons, $30,950: arry forward to the New Arcant $75,781.11.

Mr. U. Runjahn, iu rising to econd the adoption of the report

EXCHANGE.

(AN AMERICAN BANK)

CAPITAL

U.S. $4,000,000.

SURPLUS & UNDIVIDED PROFITS: HEAD OFFICE:

U.S. $1,489,000.

BRANCH:

SAN FRANCISCO

NEW YORK, USA.

HEAD OFFICE FOR THE ORIENT:

CANTON

CHANGSHA

HANKOW

SHANGHAI.

BRANCHES:

PEKING

MANILA

SINGAPORE TIENTSIN

All Descriptions of banking business transacted. Interest allowed on Current Accounts, Savings Accounts and Fixed Deposits in Local Currency, U.S. Dollars. Sterling or France.

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

VERNE CLAIR,

Acting Manager.

Paid-up Capt

(Specially authorized by Pre-Naberthed Capitat sidential Mandate of the Republic Fund of China on the 22nd of Novem-pomst... ber, 1917.)

F £15.00.ga The Chines Government name en rund of the ''n

Brian of the Board of Directores

Ander Berthelot

General Manager-4. Teenie

THE BANK OF CHINA.

Opening Rate: closing Rate no Page 11. SELLING

BANQUE INDUSTRIELLE DE CHINE. FRESH BANKE

f. 150,bon, ON sono can

11

F.

I/T Demand 4 m/s 30 d/s 60 d/s

2/334 237A

3/4/4

Nont.

100

93

179

Demand, India

F San Franciscol

& New York.f

4514

Connaught Road Central Bran-

Youthow

ches and Sub-branches all over ftaiphong

1241

1

China and Correspondents in

Now

640

Japan. New York, San Francisco, Singapore and Manila.

T/T Shanghai T/T Singapore. T/T Japan

T/T India,...

BUYING.

cou

4 m/s. L/C 4 m/s. D/P 6 m/s. L/C

2/5/8 2/6 2014 30 dfs. Sydney and 478

Melbourne...}

and accounts, said: Mr. Chair-IT Java man and gentlemen have the T/T Marks to FIT Francs atmost pleasure in rising second the adoption of the Demand, Paris ....... port and accounts, and i take this

of heartily opportunity gratulating the shareholders upon the fact that the gear under re- While view is a record one. three years ago the Company had three lakhs at reserve now it has the whole capital less one Jakh. Thefluctuation Accountnow stands at $1,200,000, a wonderful figure, and bearing in mind the dangers of the business, a very wise provision. I am sure all the shareholders will approve of the staff's bonus of $30,960,

tribute 現 well-deserved the

performed

Authorized Capital $60,000,000,00 Paid up Capital.......

Reserve Funds

12,279.809,00

7,796,023,00.

HEAD OFFICE: PEKING

HONGKONG BRANCH: 20/21

kolwerd

BARVIA

Hortery

ず打ていた

HRAD OFFICI:

71, Que Baint-Lazute, PARIS.

BRANCHES --

Honour

100101

In

Marseille

Muk

New York

Pekin

Them Frank

Nation

DANGERS:

Shanthat

Капсарой F*** Tirisin

T

Vindvaktar

kolet YUDCLotu

Shekme General pone Twentİvas developpement du Conteres et de Padurigen Frauen. IN LONDON: London Joint Cde and Midland

Mark Limited

IN SAN FRANCISC Crocker Natuur Bank.

Porronadent in the Chief Commetara Centres of the World

London Bankers-The National IN FRANCE:

Provincial and Union Bank of England, Ltd. The Guaranty Trust Company of New York.

York New

Bankers: The Irving National Bank: interest allowed on Current Ac- counts and Fixed Deposits. Terms on application. Every description of Banking

Business transacted.

Telegraphan Adltres: OHTUASKIND,

Terepent on Parent Accounts and Phord Theprotein Gaal 'urerary and in Gold Terms on applied org

Fries demeripotom of Banking and Exchange

altar for French exchange.

SE SPORTARGES.

Macoper

Hongkong, 20th Langkas. 197:

30 dfs. San Francis. Į co & New York i 4 m/s. Marks.

4714

Nam. 7.00 7.20

Loans granted

ist!

approved

Domand, Calcutta

Nom. 179 Nom. 179 93

securities.

Special facilities Exchange.

for Home

BANQUE

10212

4 m/s. Francs 6, Franes... Demand, Germany. Domant. New York 473 T/T Bombay Demand, Bombay by T/T Calcutta

righest and lowest prices touched during the year being approxi mately 60 guilders per picul. Fortunately for us, judicious China Sugar Refining Co.,uying at the end of 1919 for when the time comes for their

Ltd.

to-day at Massra Co..

Nom.

Dots Nom, 8.30

work the staff. The provision

for 1hu Employers Yokohama. $100,000 Provident Fund is very pradent,Demand, Manila especially as it will provide for Demand, Singapore. 100 the Company's old employnes Haiphong

Saigon

Helivery

with retirement. In conclusion, gentle On Bangkok 1920. roupled

mon, I wish to cor gratulate the Sovereign heavy purchases quite early in

ieneral Agents, the Committee the year 1920, itself enabled

and the staff for the remarkable Refinery to without placing further orders results that have been achieved. of raws at inflated prices and to and take full advantage of the de-r mand for the finished product, Gentlemen, with these remarks I which was experienced through beg to second the adoption of the report and accounts, us proposed ul the year.

by the Chairman.

the

carry

We convey. tu

sincere very

them thanks,

The forty-third annual general China Sugar meeting of the Relining Company, Limited, was

at li a.11. held

Agents. the General

and Matheson Jardine

The Han. Afr John Ltd.. Johnstone presided, and there were present-Sir Paul Chater,

Shareholders in this Company Mr. A.0. Lang, Mr. P. Maitland.

hardly need to be reminded of the risks attendent on sugar Mr. H. P. White (Consulting Commiter), Mr. E. B. C. Burnell refining as a business, because (secretary) and Mr. 11. M. Shaw

they have already had painful (manager), Sir Robert Mo Tong, experience thereol in years when Hon. Mr. Ho Fook. Mesars Ho

we could not pay a dividend com- Kwong, G.. Moxon, U. Rumjahn,mensurate with the value of Ho Shai Kit, Lo Cheung- their shares, and I trust there Paul Chater, Messr. F. Maitland, shiu, M. H. Lo, O. Kitchell, fore that you will assist us to . . Lang and H. P. White he Ho Leung, E., Abraham, Choahuild up the reserves of the Com-re-elected to

Po-sien, J. M. da Rocha, N. V. A. Croucher, W.J. Carroll, P. Tester, F. M. V. da Garcia, P. M. N. da Silva, Ho Koe, Lo Cheung Ip S. E. da Luz, and Yen Hang Kin.

The Chairman thanked Mr Rumjahn for the very, Battering- remarks, our behalf of the Agents Committee and the staff.

The report and accounts were unanimously approved.

Mr. P. Tester moved that Sir

pany out of a good year, and thus Committee. protect yourselves as far possible eb are against the loan ones

Fund

Gold leaf per Taol... 52.40 Bar Silver, ready... 3214 3196 forward Bank of England rates 7% New York/London.... 3.907%

Interest on Fixed Deposits at the following rates

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

TSI YER PRI

DE L'INDO-CHINE

CERENCE BANKI

Head Omer: 16 hi♥ Kür Lafite, Pazin,

Capital... ROADEVER

HT

BANKE

9

HONGKONG AND SHAN THAT BANKING CORPORATION,

HEAD OFFICE 110NGKONG.

Paid-up Capital

Reserva Funds'--

Sterling...

Silver

$15,000 600

£208,005

$21.500.000

Romayva Tlahitide of Proprietors $15,906,ne

41

court or DIRECTORIE

0.7.M. Ana Rag --final-man. a.M. Dodwell. Pri Denize man. Emmeton Wig 14. (1, tak. Ea

A. R. Qubbar, Kag How MP W talena Ana. Mi J. Jobartona

M... D. Pare:

WV T.. "prentan, Kan.

5. Plummer, Kre.

Chest WenueAT

A. 1, STEPHYRN. En,' Manage Bngkong...........A. W., Barlow, Fun Acting Manager dhanzħal......A. B. STIMLEME

LONDON BANKERA : LONDON, COUNTY WESTMINSTER A PARR'N DANS. LIMITEDS

Current Accounts opened in. Unent Carmans and Fixed Deposits regelend for one year fr sharter periods in Iowa' Currency and Sterling

treme which wiès le quɑbuď os «ppilaskiras,

Hongkong, 26th February, 1920.

HONGKONG, SAVINGS BANK.

Tity Business of the above Bank is annneled The the RONGKONA AND SHANGHAI BABKIKA Ì CORPORATION.

Ruler may be obtained on sppilasitos. INTEREAT a deposits is allowed on the Minimum monthir hafanoes at 85% per annum For the Hongkong and Shangbai. Auckla Cotporslino.

A. G. STEPHEN,

Chief ManaKFT.

THE CHARTERED BANK OF INDIA. AUSTRALIA AND CHINA.

fuurporated by Royal Charter 1855;

PAIN-UP CAPITAL

REBERTE PUND..

RESERVE LIABILITY PROPKIET RS

07

£3,000,00

—£5,500.000- EI,DJ.COM FOREIGN EXCHANGE and Genarai Bath, ing business tragranted.

CURRENT ACCOUNTS opsand sad PİXER DEPOSITA sited for 1 year OF MO period si ratas watch will be quoted ab pioting.

A. H. FERGUSON,

Acting Manager. Hongkong. 1st January, 1914.

BANK OF CANTON LIMITED.

HEAD OFFICE, HONGKONG

FOREIGN EXCHANGE and

General Banking BUBIDASK $0.000 en Transacted.

...FraDER $5,000,000

In

BRANCHES AND AGENCIER.

kon

ManagerBythous

THE BANK OF EAST ASIA, LIMITED.

HEAD OFFICE:--

SUBSIDIARY COINS.

par.

par.

9110 14.6

dis.)

dis.

SAD-UP CAPITAL. ....... RESERVE FIND..

H'kong 50 cts, pieces

10 5

Canton subesine Hongkong Mar. 18, 1921.

PEAK TRAMWAYS CO., LTD.

TIME TABLE..

No. 2. Queen's Road Central, Hosexosa, Established 1919.

DIRECTORS:

Mr. Port Why Targ, Chair

Mr. Ken Ying P

Mr. om Shes Soft, Mr. La or C'hun.

Mr. Fung Ping Stats, Mr.

L Kr. Mok Ching King,

Mr. Wong Yan Tong, Mr. Chan Ching Shek, 31. Ngbang Jak. Mr. Kamuis Nam.

K. Kwok,

Chirt Manager. Mr. Ken Bang Po, AM, Manager, Mr. l. The Fond

BRANCHES & AGENCIES:~~~

the Consulting

Suconded by Sir Robert Ho Tung and carried.

Mr.

WEEK DAYS.

1.00

G

00

Xvery 15 mi

3.50

Po 3 M

10 min

8.30

to 10.00.15

15 mit

$0.30

to: 12.30 pm

15 min

12.30 p

5.00

19 2.50 .m

TO

1 5.90 p.10

15 min

KORE

H.10 p.uY

10.0

SINGAPORE

TIENTSIH

MANILA

Croucher moved that in due course bound to follow.

To briefly comment upon the Messrs. H. Percy Smith and A. proposed allocati n of the profits, R. Lowe be reappointed auditors The Chairman said: Gende we think it advisable to increase at a remuneration of $750 per men, The report and accounts the "Sugar Flactuation Account" annum.

Seconded by Mr. Ho Leung with the auditors' emificate to $1.200,000 to offset possible; attached having been, in your luctuations in the future.

The and carried.

This concluded the business. hands for the past week or so, alteration of a further three lath will with your permission take

"Equalization of Divided The Chairman, announced that them as reart. The year under

will enable us at the divided warrants were randy and review has been an usually worst to pay a 10 dividend could be had on application.

has difficult one in which it

our shares for three years to been

make or possible

come. As you are aware, we lose millions inside of a work.

have an Employees' Providen and it is with considerable plea Fund in connection with the

M. Emmanuel Dreyfus, a direc And we ask you sure--coupled with relief that stall,

aside tor of the Metal Works of Fran- putting your General Agents and Con-

10 agree sulting Committee find themselves $100,000 to invest agaist calls on che-Comte, has been arrested, in the position to present to you this Fund in the future. War save & Reuter's Paris telegram, such a satisfact ry report, and to building a block of 12 flats at East on the charge of concealing war recommend the payment of a

Point on our own property to profits amounting over 2,004,000

francs. final dividend of $60

per boure our technical Staff, and we share, which, with the interim think this is a good time to pre dividend of $15 paid in Angust vide for the cost of the building, last, makes a return of $80 per viz $140,000. The amount of

tool

виго

that

you

LO

THE EVASION.

NIGHT CARS.

-5000 poz. 320 p.m. 931.30 p.m, every 30 st

14 4 1.

SATURDAYS.

VNTHA CAR 13.00 midnight SUNDAYS.

7.30

10, 50 A.m

8.00. ez to 30 » m

11 30. 10 12 00 ADDE

At 53 pin 5,50 ...00 p.m 6.50 .m 5:30 19

Bags

10 min

15 min

10 oub

10 10

A

NIGHT CARS.

A Week Dayr. SPECIAL CARS.

10 mit

25 min

HO AUD

BY AANANGRUɛkt »Y TO COMINTI'S OPTICA, ALEXANDRA BUILDINGA, DES VODA HOLD.

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 sweetening the foods of Infants and Dyspeptics; (3) MILFORD-MOGRATH FLUID INSECTICIDE the Best Fluid for destroying Fleas, Mosquitoes, Bugs, Flies and all other Insect Pests in Summer days; and (4) HN CAHILL'S GOLDEN FLEECE. MAGIC and CINDERELLA SOAPS for keeping everyting clean in Houses

share to shareholders for the pasts:0,960 which we propose to pay YOU CANNOT AFFORD TO BE WITHOUT THEM year. Last year's working pasily as a bonus to staff is larger than constitutes a record in the history hitherto, but this is brought about of the Company, and this under by the increased salarios paii year, and Wr the extraordinary circumstances during the

will we had to contend with during 1920-gives all the more reason agree to the additional rant

view of the results obtained. for congratulation.

It will be remembered that is also proposed to write down towards the oxiddle of the year" Patent Rights" by $50,000 as Runder review the discovery that these rights benefit us over

America

"short" forced limited period of years and the prices up to unheard-of levele, proposal thu< appears adv «able.

There is only one other iteur raws in Java rising from 40

in the accounts to which I think to 75 guilders per pioul between April and May, thereafter reference need be inade. You will when America had reversed her notice that the amount standing gone at credit of "Exchange Fluctuation position, that is to pay

the bubble burst and Acanunt" is increased by $140, long". prices fell away equally rapidly, 876.52. This amount represents the actual difference between the the book profit on guilders on

WBS

PRICES are Very Moderate, inspection and Enquiries are condially invited.

瘧粉奶牛版業仔

SHIU FUNG TAI »& CO.

Sole Agens for Hongkong and South China.

47 and 48 Comtaught Road Ceutral, Hongkong. Telephone No. 1309.

LONDON

SHANGHAL

NACASAKI

SAMARANG

NEW YORK

SAN FRANCISCO

YOKOHAMA

SAIGON

PENANG

HANKOW

BATAVIA SOURABAYA

London Bankees :-The London Joint City audi Midland Bank, 5.00.

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

Intereat allusid on Current Deposit Account # the race of two per nens per

SAY

inge Accoups four per evut, per kahup, and op

2190 Deposit at the collowing anyth

Per 3 months at the rate of 3% per punuda For meathe at the ratevi per kw

Fer 12 months at the ratres 5% per un

KAN TONG PU,

„Chief Maonger.

Hongkong, October 16" 1020

THE INDUSTRIAL AND COMMERCIAL BANK, LIMITED.

Bead Office, Den Voeux Road, Central. Hankow Branch: Ruslan Concension.

Jangkok BALTAS OF Cantor

Haiphong Flanku H

Sant P

Soupes

Papente

Peking

Phen Petu Pondichery

BANKERS,

*xpen Abang

RIDRAPORA Tirntrib

TSAGA

tindirondack |

IN FRANCE - Pomptoir National d'enomple de Paris; Credit Lynonasia: Banque de Paris et dep Pas Ban: Cerdit andumriel et Commercia) Aniarte Genera

IN

LONDON: The National Provincie and

Union Bank of England Ltd., Gain- | ploir Natir d'Exaompte de Paris: Tredit Lyndir.

AN

NEW YORK: J. P. Morgan & Co. Interest owed on Current Accoupli and Pized Deporte according to arrangement.

INTEREST ON FIXED DEPOSITS.

For 3 Months 3% per annun.. For 6 Months 4% per annum. For 12 Months 41% per annum,

LOOK POON SHAN,

Chief Manager.

THE YOKOHAMA SPECIE BANK LT

ESTABLIROND 1899,

Every description of booking and Probange Capital Cully paid up)... Cusiness trama koted.

V MARSOT,

Acting Kapayer.

Honglong, otober 2iga, 1918,

Reserve Fund

Наплат

+++

-

Y.100,000,00

X. 55,000,000 -

Bead office, TOKOHAMA,

Branches and Agenoles #di

Esi Yuro

REDFO

Koba

London

Lyone

Algon San Frapezzo

THE 'MERCANTILE BANK OF Butnor Ayres

INDIA, LIMITED.

`Head' Oños 11. Grueneburch

mat, dan. . C. 3.

ADiberved Capital

Buumoribed Capital

Paid Up apsint Heserve Fund

SANKERS.

The Bank of England

Los Angeles

Fenetien Bükden Nagasak!

Clonta Chengohup

| patrón (DalnY)

Madale

Напком

Newobwany

Monolulu

Tokyo

Harto

£3,000,000

1,800,000 3,050,000

1,060,000

The London Joint Clay & Midland Rack End BRANCHES :--

Piguna

4

Delhi Bulle

Kainebl Keth Bars Custa Lucu

Madra Saw York

Pening

Huwat

Mapponn

Kandy

BOANEDA

Hongkong

Puri Louis (Mauritiua) Singapore

KOMAKONA BRANCH.

Esrey desdripdon of Banking and Trebunge DUSIALO (PREPROLED

Interest-allowed on Current Accounts at 2 per Buns per konum on Daily Balances, sad on Pized Deporsieht raten wbsob may be ascertasped ou pobuntis,

X, C. WILION,

Acting Mana 07.

3. Queen's Rubų Teatral. Tingkona, 1214 December, 1919.

New York

Peking

Boerabay..

Shanghai Hingapore

hal Sydney

Tlectin

Visi ortak Taingtau

Interest allowed on Current Acmountă. Deposit reorived for Daed period mă valo

be abimized on application.

G. HANHIDZUNK,

Mensgur.

Kayang, 6, March, 1021

INTERNATIONAL BANKING

CORPORATION.

CAPITAL AND SURRLD'S: 27, 8. $10,000,50) UNDIVIDED PROFTIS :

. x. 3,200,000 Chwned by the Nulonal Cit. Bank of New York.)

fter Price 60 Wall Street, New York

BRANCRES:

LONDON : 1⁄4 Bishopsgate, E, I,

LYONK: 27 Viače Tolokan SAN FRANCIS00; 232 Konigamery Stress. CHINA : Canton, Donkow, Starbón, Hongkong,

Inking Shanghai, Tiesisin. ROMINICAN REPUBLIC: Puerto Plata, Han Perza de Magorin, Hanchez apálago. Bento Domingo, Darahona, Ron Prin- cinca de Mavoris, İNHJA: Bombay, Calcutta, Hangoon, JAPAN: Kobe, Yokohama,

DOMESTIC & FOREIGN BANKING. THE CHINA SPECIE BANK LTD. | Patavin, Baursbaya,

SERVICE PROMPT. Current, Savings, and Fixed Deposits bear Interest at Rates 2% 4% 5%, respectively.

Manager.

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

THE CHINESE #ERCHANTS BANK LTD.,

Alegandro Beilfluga, Chatar Monk

Gvern Making and Kramaszyn busine tramancind.

HEAD OFFICE:

PANAMA : Aulon,

PHILIPPINE ISC Saba Hagjik,

SPAIN : Bargekna, Madrid,

STRAPS SEPTLEMENTS: Singapore.

BRANCHES OF THE NATIONAL CITY BANK OF NEW YORK.

BELUKOM. Antwerp, Brussel, BRAZIL: Bable, Pernambuco, Porta Alegre

itio de Janeiro, Bantor, Anu Paulo,

St. George'a Building, Hongkong. ARGENTINA: Buenor Atzen, Rosario,

Chairman of Board of Directors: Hantigo, Valparaiso,

vans and di cities in Cuba,

Mr. Wong Shi Ham } COLOMBIA: Wareunglifits, Bogota, Stedellin,

ITALY ; denƯA, Chiot Manager... Mr. L. 9. Holum Asst Manager... Mr. K. T. Wong PORTO RICO: Pozes, Han Juse,

IPERUS LIMA I Hongkong Maneger

RUSHIA Moscow; Petrograd, temporally

alored). Mr. I. P. Allen SOUTH AFRICA: Cape Town,

I soutreiden

Part of Spas

EVENERUELA: Canone.

Foreign exchange and genera banking business transacter.

Current, Savings, and Fixed deposits bear interests at rateracted. 2%, 4% and 5% per annum re-

Loan granted on apprsteď naouritive. Curreni Acces gis opened and Fised deposits 190dived si zum which may be Aboutabord |spectively.

on application.

The Dok se puuduole « darings De ari-

K.C. LAW,

L. B. HOLUM,

Chief Manager. Casal Maumere. ]] Hongkong, 2nd October, 1920.

all denoriptions of danking huslane, Kaka-

Interest allowed og aurent accounto úað Axed deposits in Joval or foreign aurrenales si ratos to be ancartelued on appìlation

GRUNGE HOUS

Hongkong, 17th May 1920,

-Manager,

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