1919-03-14 — Page 9

FRIDAY, MARCH 14, 1919.

COMMERCIAL.

THE SILVER MASKIT.

•

In an unusually interesting review -of the silver market during 1918

India It is possible that rupees may be returned to the Treasury, as the result of hoarded coins being brought into circulation to purchase the necessaries of life, which would obviate the necessity of so much new coinage in India as has been found requisite during the war, but it must

Messrs. Sharps and Wilkins, after be remembered that the area for the mentioning the Bactiations in the circulation of rupees has been price from Janitry to March, say greatly increased, as these coins have become a convenient monetary basis that during these three math In

of Central Asia. Syria, and North dian and English Mint requirements and East Africa, and as these coun were large and continuous, and astries are, or will probably become, these seemed likely to go on arrange. Large centres of corn and other pro- duction under British management, ments began to be discussed with some deficiency in India will be view to make available the large made na by the harvests of those amount of dollars held in the United lands and coinage in India may be States of America under the Sharexpected to continue still. It is most

unlikely that there will be any demonetisation of coinage in that quarter. It is confidently believed that with a free market China will be a lapre buyer, and inasmuch as no silver has been obtainable by any

there is every probability of require

ments there also.. The English Mint has been coining heavily, but here, again, we expect a continued demand in view of a Treasury Note Ssuz outstanding of above £300,000,000, se mere zirculation of which makes necessary to have a large amount for changing of silver coinage facilities.

man Act,and various proposals were advanced as to how this was to be don. It being generally believed that a higher rate would be fixed than was at that time current, the price of silver in London improved the other countries for so long. very materially, and the quotation went to tid. a few days later. Then 'came the announcement that an Act of the A fierican Congress had been passed, providing for the release at $1 per ounce fine of $350,000,000 held in the United States Treasury. with the provision that the Govern- ment should acquire silver from the producers at the same price to re-

Not only in England, but in all place the silver thus apportioned. whenever it was convenient for do so. other European countries, the tre The effect of this measure in Londonmendous war expenditure has result was to increase the price to 194ded in gigantic issues of paper money, per quace standard, the parity of the for which a metallic reserve has to be American price of $1 plus, the cost built up, and inasmuch as the pro of bringing the silver to Europe,duccion of gold is limited, it becomes which price lasted for a week, but a question whether it may not be was modified slightly as some varia- necessary to associate silver with it tion in the cost of insurance and on a fixed basis. The conditions of other charges allowed silver to be the world of to-day are so different sold a little lower, and 1930. 1838, from those when the bimetallic theory and 48.13.16 were quoted succes-

was abandoned that old arguments sively until August 21.

no longer apply. All stocks having been absorbed, with the sole exception of silver dollars left of those made available by special

statute in

The exchanges in China now rose considerably, and purchases were made for shipment from San Fran- cisco above the $1 per ounce, making America: probably nearly a half of some further action necessary, and the $350,000,000 has been utilised. the selling price was altered to 101ac,but if only $125,000,000 have to be the equivalent of 494d per ounce replaced, which represents nearly standard in England, and notice was 100.000.000 fine dinces, the entire given in the Official Gazette that this production of the. United State: for figure was the maximum price at more than a year would be required. which silver might be dealt in. Our and as their measure requires the therefore remained at United States "Government to buy quotation 494d without alteration from Aug. this silver at $1 per ounce, the price 21 to Nov. 8. The China exchange can hardly fall below that figure. remained, however, above the silver While a high price will undoubtedly parity, but no silver could any longer stimulate production, producers in be shipped thither withont licenses Mexico and elsewhere may ber un- from the American Government, willing to sell except at a higher which licenses were unobtainable.rate, and the prevailing opinion: For some time previous similar re therefore, is strictions, on trade were made in Government control, whenever that London, and licenses to ship silver to takes place, may result in the price and fontes heard, was refused, of silver rising to a still higher level rethan we have seen during the year exports were permited expect Government account. The signing

of the armistice (Nov. 11), and the consequent cessation of danger. from

nast."

++

sinuation of

HONGKONG

THE CHINA MAIL.

STOCK #

EXCHANGE,

Le I ma

HONGKONG, 14th MAROH, 1919.

OFFICIAL QUOTATIONS.

11AM

Hongkong Banks,' ... $750 s., 750 sa MARINA INDRANCKA.

Canton InsA.. North China Ins. Union Ins

Yang taze Ins. Far Eastern FIX INSURANOSI,

Okina Fire Ins... Hongkong Fire Ina, SKIPTING,

TH

P

200

$410

T. 1997 b. 1010 b, 1010 sen...

$995. T. 23

***...$175 8. .......

... $355.

TH

... b

+

$21 b,

***

$161.

180/-.b.

Duc glases H.K. Stambon is

Indo Chinas (Prof.)...

Do. (Dof.) Shell Transports... Star Forties REPIRITU.

China Sugars

Malabon Sagara

MININO

Kailan Mining ådm....

• Langkata

#39 b.

$39.

$190 b. ... #38) .

..50% 5.

+

Raaba.....

***

+6

Tronoh Mines...

Urat Caspians

407. D. *** 40/- 1.

Docks, Whites, GoDowse, ɖ0.

H.. Wheris

ལ་

EW. Docks

Shai Docks...

$117. $182.

..T 123.b. T.& b

New Engineerings LANDS, HOTELS & BUILDINGS.

Contral Estates #102) b', 103 34. Hengkong

$87.5. Hotels. Hongkong Lands $102) b., 102/3 sa

... $7.10 b

Humphreys

F

Kowloon Lands

Laad Reclamations

West Points

Cortos MILLS.

Ewo Cottons Kung Yikes Laod Kang Mows

rientsis

W

Shanghai Cottous Yangtazepoos MISUELLANEOUS,

Cementa de China-Borneos China Lights

་་་

$63 b.

$93 b.

T. 173 a.

T. Steph. T17 b

T 145 b.

The b. Très b

T 9.30 b.

$8.70 b. $19 b.

... #5.15 b... 58.

INTIMATIONS

PRAK TRAMWAYS COMPANY,

LIMITED.

باردار

BANKS.

BANKS

"ONOLONG A`BHANGHAI TER CHARTERED BANE

THE BANK OF CANTON, LTD. HO

HD Orica-HONGKONG. ESTABLISHED 1919

Paid-up Capital... Reserves, and Undivided

Profits

INDIA, AUSTRALIA & CHIMAL. - $15,000,000 IconPORATED BY ROTAL CHARTER

1853

BANKING--CORPORATION.

PAID UT CAFTEL

$2,000,000

RESERVE FUND

Sterling

£1,500,00083/--$75,000,00€

$36,000,000 PAD-UP CAPTRAD· · - $15,000,000 K FORD.

300,000

TIME TABLE. DATE WEEK 7.00am, bo 8.00 Erazy 15 minutos 8,00 km, to 9,80 km.mEvay 10 skundu. 9,30 s. m, to 20,00 a. m...livery 15 minutes,. 10.30 am to 11,62a, minävory 15 minutos. FOREIGN EXCHANGE and' 11.30am to 12.30pm.ray 30 minutes. General Banking Business, transnated. 13.45 p.m. to 1.15 pm...Every 10 minutes.

CURRENT ACCOUNTS opened and 1.45 p.m. to 2.15 p.m. Every 10 mirabe.FIXED DEPOSITS Received.. 1.45p.m. to 1.13 p.m.

Batardagi only...Every 15 minuten, 1.30p.m. to 4.00 på...Every 30 minutes. 1.30 p.m. to 4.00p.m.

Babundays only. Every 15 minutes. 4.63 pm, bo. 6.00p.m...Every 10 minutes.. 8.00pm to 8.00 p.m...Every 10 m/naben. NIGHT CARS.

(6.50 p.m., 8.3) p.m., 10 p.m., 10.30 p.m., 11 p. 11.30 p.m. and 13.40 p.m.

SUNDAYE,

+

1.50 B.M. 1.00 km. to 18,30 a.m...Every}13 minutos 10:30 x, mm, ha 11.00 a.m...Every 10 minutes. 11.10 alm. be 19 noon's Byssy 15 minutos, 11.00 noon to 15.30 pm 10 minutes. † 13.30 p.m. to..1.39 p/m.....fvery 15 minutos, 1.00 pm to 5.30 p.m... Every 15 minutes. 6.30 p.m. bo...00 p.m...Rvory 10 mfamine.. 6.00 p.m. to 7.00 p.m...Evary 16 miastas. 10 minuter. 7.00 p.m. to 8.00 p.m.Evary

NIGHT CARS us on Wook Daya. SATURDAYS. EXTRA CARS.

1:30 p.m., and 18 midnight. SPECIAL CARE by arrangement at the Company's Offics, ALEXANDRA BUILDINGE, De Vax Road Contral,

for

Season and panch Makabe available fo all care not already fall running at the

· Mime sinted in the Company's ime tables, but not for pocial cars, can be obẩnized on application at the Company's. Olio No Samson, ticket will be issued, until payment therefor has been made in Bank Notes or by Cheque or Compradors order representing Bank Note

`JOHN D. HUMPHREYS & SON,

General Managers.

... Les n.

$78) b.

ASAHI BEER

$3d b.

18 sa

$7.4 b

China-Frovidenta...... ...t Dairy Farms. H.K. Electrics... Mucad Do *** Hongkong Roper ... H. Tramways Peak Tramways (Qld),

do

Steam Laundrios

(New) ... 8.75 b

... $1.80 b.

F.K. Steel Foundries....... 2 p. Water boaty.

Watsons...

Powells Wisemanno...

#141 b.

$6.15 b.

7kg b.

027 b.

THE CHINA PROVIDENT LOAN AND MORTGAGE CO., LTD.,

(Capical Paid up... $1,250,000.)

[

Loan on Mortange of Runs Property, &c. Gels received an Storage, Advances tralu un Morchandise serven surkeakob the previous Byakumar),

TRUSTEK, EXECUTOR OF WILLS, ATTORNEY, de. Undertakau and Haecsta

Bato and Particulars on

To the Oceapple 1003 SHEWAN, TOMES & CO.,

"Canary" “Matazangen werden

submarine attack reduced the war THE HONGKONG SCHOOL OF MOTORING.

risk of insurance New York to Lon- don from £2 to 2s. 6d per cent, so that it was possible to bring silver to London at a smaller expense, and on Nov 12 the silver quotation, was reduced to 483d. which figure was notified as the new maximum to Be observed in silver transactions, and a "further reduction for a similar reason took place on Dec. 6 from which date until the end of the year the price was quoted at 48 7.164.

As regards the future of silver, Messrs. Sharps and Wilkins think it is extremely doubtful if there will be any fall except such as may arise from lower freight rates between New York and London. Owing to the partial failure of the monsoon in

Apulications are now being accepted,

The School has accommodation for 200 pupils. Courses for Mechanics and driving

Special facilities will be offered to persons desirous

of becoming Chauffeurs and not having the means

to pay for their course.

Works and school, Shaukiwan.. Office, 4 Queen's Road Central.

ALEX. ROSS & CO'S.

MOTOR CAR AGENCIES.

BRITISH CARS:

The A-C Three-Seater, Britain's Leading Light Car: A wonderful Hill-Climber. Forty miles to the gallon. The FORD Universal Car. Made in Canada. Fitted with Two or Five-Seater bedien."

The ARROL-JOENSTON, as illustrated, above. The famous Scotch Car. One of Britain's Best.

AMERICAN CARS:/

The DORT Five-Sealer. A sinall Cae with quality in every part. "Own & Dort-You will like it." The HUY MOBILE. The comfort Car built for Hill Climbing. Grey Body and White Wire Wheels..

The CHALMERS. A delightful söven passenger Touring Car, with the Chalmers Famous Six-Cylinder Motor,

ALEX. ROSS & CO.

4 DES VOEUX ROAD CENTRAL.

Telephone' 2487."

NIPPON

PILSENER BEER

GRAND PRIZES

ASAHE

BE

TOKYO, JAPAN

4SAH

AGER-BEER

· SPECIALLY BREWER, FOR

EXPORT

COMPANY

BÕLI AGENTI

(6) MÍTESUI, BUSSAN-KAISHA,

EXCHANGE.

Hongkong, March 14, 1918.)

On London.......

Baak, Wire

*

On demandZ

"

20 days sight

4 months sight

Credits, 4 months' sight,

Bocumentary, 4 months' flglit/3/2}· --

Un Faris-

On demand,

404

Credits, 4 months* right,

J New York

On demand

Credits, 60 days olg?

Un Bombay-

On demand,

Op Calcatta

Wing

„On demand... On Singapore-

On demand

On Mantis...

On demand,

On Shanghal

On demand

| 30 days' right(pefvato”

On Yokohamä----

On deman

Gold Leaf, 101 Ane (per tak

Bayerutgos (Bank's buying rate) 0.35 Silver (pr oz)

Har Sver in Hongkong 23 7pm Chinese Copper Cuphead 8%. p. Chinese Capper Chintally, 1975 Da Rate of Nave Intercnt ... ? % pa. Chinese Sab. Colo

... 41 % die Hongkong Bab Colo

INTEREST ON FIXED DEPOSITS.

For 3 Monthi 3% per annum. . For 6 Months per ainan.. For 12 Months 41% per anAUIDA

LOOK POUNG SHAN,

Chief Manager. Hongkong, March,10, 1919.

THE BANK OF EAST ́ÁSIA, LTD.

HEAD OFFICE:

No. 9 Queen's Road Central

PAID UT CAPITAL ...'...' $9,000,000.

DIRECTORS:

Mr. Tang Wai Ting-Chairman Mr. Chow Shou Son, Mr. Li Koon Chan, Mr. Mok Ching Kong, Mr. Wong Yan Tong Mr. Chan Ching Suck,

Mr. Kan Ying Po Me. Chon Kat Ming, Mr. Fung Fing Shan, Mr. P.K. Kwak, Mr. Ng Chang Luk. CHIEF MANAGER................. Kan Tong Po. ASST. MANAGE......Li Tre Fong. Every doveritium at Hanking sad Kochange "besineva" Ivanandied. Tka granted on approval

oscarition.

Inkorent allowed on Carreat Deposit Accounts ab the rate of two per cent per annum ani, pa

led Deposits at the following rates

For 3 months at the rate of 3% per

For mouths at the rate of 4% per annum, For 1 months'nt the rate of 5% par anzNI,

KAN TONG PO,

Chiet Manager. Hagkong, March 12, 1919.

་

THE BANK OF CHINA. GOVERNMENT BANK.

行 銀-國中

(Specially authorised by Presidential

Mandate of 2nd November, 1917),

60,000,000.00

Authorised Capital

Paid-up Capital

12,379,600.00

Reserve Funds...

in 3,197,400.00

HEAD OFFICE; PEKING.

BRANCHES AND SUB-BRANCHES

.PEKING: Daiting, Tungchow. NORTH: Miyan, Chohsion, Fabien

-

Silver

$1,000,000 Reserve. LeasiÄNT OF

PROPRIETORS

COUST OF DIRECTORS:.* J: A Piramer, Est-Chairman."

E. V. D. Parr, Esq.,Deputy Chairman. 4.H. Compton, Esq. Hon. Mr. P. H. Hon. Mrs E

Folyosk,

Dodwell, Hon. Mr. D. C. S. Gubas Feg.!

Tandalo,

W. I. Partander E27.

ÜHIKE MANAGEM Hongkong-N, J, STABB, Esq.

MANAGIN:

Shanghai- €. STEPHEN," Esq.

· London":"BANKERS-LOKDOR Cotere &

WESTMERTER & PA' BANK, LAD.

Horexaro-ISTIKKEN ALLOWED. - On Carter's Account at the rate of Two per cent per annui on th dally balance

ON FITO. Darozza:

per cent. per annum.

For 3 months

4

H

*

Th

N. J. STAHE,

Chief Manager,

Hongkong, Feb. 2, 1919.

HONGKONG NAVINGS BANK.

THE business of the above Bank

conducted by the HONGKONG ANTI: SHANGHAI · BANKING. COF- PORATION. Rules may be obtained on application.

INTEREST on deposits is allowed on the miniman monthly balances

PER UENT per annum. Depoaltors | may transfer wf their option balances of $100 or more to the HÔNGKONG AND SHANGKAL BANK. to be placed on FIXED DEPOSIT 11 1 PER CENT. Per Anz.

For the Hongkong and Shanghai Banking Corporation.

N. J. STABB,

Okief Manayır.

Boogkong May 14, 1816,

HEAD Union, Lowdow

Reister FlaninITY OF PRO-

FOREIGN KICHANGE and GomerS↑ Banking business transated:

CURRENT ACCOUNTS opened and FILED DEPOSITS received far i foss or shorter periods at rates which will be quoted on application."

* TO DOWNING

Hongkong, May 7, 1917

THE MERCANTILE BANK OF INDIA, LIMITED

Authorised Capital Babacribed Fuld-up Eoserve Fund...

BANKERS.

BAFÉ OF ENGLAND.

LADOS. JOINT Sr00K Bank LoureSË, Every description of Exchange basi wa transacted.

TNIEREST

Allaved

on - Carrend Accounts at per cent per anURIE on Daily Balance and on Fixed Dep ab rates which may ascertained es application.

C. L. HANDES, Acting Manager. No. 7 Queen's Road Central. Hongkong, 18, December, 1915... BANQUE DE L'INDO-CHIN'S (BRENOB BANK).

HEAD OFFICE:

* 15bla Roo Laffitte, Paris. Capital. Fr. 48,000,000 Regere...DDING METHEE TE

* 50,000,000 BRANCHES AND AGENTOLES. BANGKOK HONGECHO

BATTAMBANG MOYOT

$17

CANTON

DJIBOUTI

Натиска

BANQUE INDUSTRIELLE DI HANOW

CHINE,

Mulansan, Heartna. CHIELI={ Sussomed Cartaz. 10,000,00

Protista, Lutai, Tainhaision,

zeusbuntekfu, Tangshan, Tam- Parn Ur Oarızalı

$3,500,000

wubscribed by the Government of the Chinese Republic).

Chairman of the Board

of Directors was ÄRDER ReguỜN General Managersmā. J. Pagroria,

HEAD-OFFICER

74, Es Saint-Emaza, "PARIS. BRANCHES: PEKING.

ing. Cheluhsion, Weinsion. MANOHU (1/3 of the Cepib, a, Traum 15,000,000 RTAY Changchun,, Mouldón, "Kirin, Tsitsihar, Newchang, Ligoyennebow Hebo, Bainmingto, Taonaalu, Harbin, Dulay, Antung, Tiebling, Chinghsien, Sifeng Hulen, Suiwafu, · Hailunfo, Ningata, Kurgchuhing Linoyang Fuyu, Yenchi, Kaipingsien. HUPE Ha kow, Shasi Tehang HUNAN: Chang... ARA CELANANIT Ahanghaj Napking. Soochow Yangcbow, ChingKinas," Yusih, Hauchowiu, Tungéhew, SOUTH: Trink- inngro. SHANTUNG : Trinet, Teing- tao, Chefoo Tenghsien, Lintsinbsien. SHANSI Taiyuarfu. Yunsheng, Zink- isahsien Tatungfu. HONAN : baiteng, Chowkiakow, Hruhsien. KWANG TUNG Hongkong Canton, Swatow, Kiungehow. FUKIEN: Fonchow, Amoy In Hankong, Chuanchowfu, Changchowfu Santhan OBEKIAND: Banchow, Shaohsing, Huchowiu, Kashing, Wen- chow, Ningpo. Lanchi, Yuyau, Heimen. In KLANGSI Nanchang, Kiukiang, Kan- chowiu, Chintehchen, Chian. ANWHI

Waho. Anking, Pangfow, Luchowfu, Tatone. Tungki Luan.. SZECHUAN: KUEIUHOW: Wweivangfu. SHANSI: Sinnfa, Hangeburfu. SUTYTTAN: Kweihwating, Teotowchen. TSAHAR, Kalgan. Fergehen,· · URGA: [ Vega, Hakistan.

HONGKONG BRANCH Interest allowed on current, accounts and Gred Deposita. Terms on application. Every description of Banking Business tranacted. Loons granted on approved securities. Special facilities for home exchange.

TSUYEE PEL,

Manager.

Hongkong, Feb. 26, 1919. ·

THE BANK OF TAIWAN, LTD.,

(TAIWAN GESKO).

INCORPORATED BY SPECIAL IMPERIAL CHARTZA, 1829.

Capital Subscribed. Yen 30,000,000, Capital (Paid-up) ...

* 27.300,000. Reserve Funds

6,187,000.

量

HEAD OFFICE?

TAIPER, FORMOSA.'

-

BRANCHES

JAPAN-Foxxo,Yczorami, Kosz, Osaka,

Morz FORMUSA-GRAM, KAO

KARINO,

Keelung, Porn, EENCHIKU, Makuka... TALKU, Taman, TAKON, TAMBUT, TOHEN, AKO. CHINA SHANGHAI, Hanzow, Kiuzzano, AMOT, TOCCHOW,: BW.ZOW, CANTON OTHERS-SONGLIONO, BANGKOK, SINGA

J

PORE, SOKBABA, SMARANU, BATAVIA, BOMBAT, LONDON, NE YORK

LONDON BANKERS;

SHANGHAL,

BAIGONT TIENTSIN

HAIPHONG HONGKONG, YUNNANTOU,

BANKERS:

Haxor

NOUMA

SUBOT

SHANOMAI

SEGAPORE

PAPI →TARTIN

PIKTO TOURAN FrEx-Porn VLADIVORSOR POTNUELRY

RANKERS

Escompte de Paris; Credit Lyuuwlay IN FRANCE: Comptoir Natiosak Banque de Paris et des Pays-Bas Credit Industrial of Commercial, Socie Generale.

IN LONDON: The National Provinciaf & Union Bank of England, Etd.; Com toir National d'Recompte de Pasay Credit Lyonnais.

IN KEY YORK:LP. Morgan t

is

Interest allowed on Current Accounts and Fixed Deposits according AzTangunarhs.

Every description of Banking Exchange Business transactody A SIRE

Acting. Manager

Hongkong, Oct. 18, 1918,

FRANOR Société Générale, pou

favoriser le Développement de TH

Commerce of do Findastele e Francs

LONDON: London County Week

minster & Far's Bank, Lod. London Joint Olty & Midland Bank

Ltd: In NEW YORK: Redmond & Co.

Correspondents in the chief com mercial centron of the world.

Telegraphio Addroom: OHMBANKIND.

Interest allowed, on Current Accoumis. and Fized Deposits, in Local Carrey and in Gold. Terms on application. “

very description of Banking and Exchange business transacted.

Special facilities for French exchange.

M. BOUET DE JOURNEE,

trans Manager. HONGKONG BRANGHI;

Queen's Bulidinga, :·

B, Chater Road. Hongkong. Bept. 15 1916

YOKOHAMA SPECIE

BANK LTD.

--ESTASIJUHED 1880

5. 42,000,000.00

25,000 000.00

ADTHORED CAPTA..Yen 48,000,000,00 PAID UZ CAPIZAZ RESERYS FUND

HEAD OFFICE-YOKOHAMA,“ BRANCHEN AND AGENCEM ANT

NYX

BATATIA BOXLAY

BUZZOS AVILES " Calouria

ORLICA

PIKE

ÜRGER

Riron

FIX FRANC800

'DAIKEN (DAIRY)

FAKORTÁR (MULDAN) SEATTLE

HAWKOW

EDERLANDSCHE HANDELK

MAATSCHAPPIJ.

SHAMAI

Tel. 2410

Hoxatuza

BATKOWOKTE

HARRE KOLI XUEN

SINGAPORK

SOHRABAYA

SYDKOT

LORDOW

LOS ANGELES

Toxve

Iron"

TRINANTO

MANIDA

BAQARATI

VLADIVOSTOLK THINGIAU

(NHWERLANDS TRADIES BOGMTT)

AU-HORIAD

VAZTIAL

PATR-UT

| CASTELY

Begy

Berantizand 1824.

Interest allowed on Current Accounta Deposits received for fixed perioda at

MAUTONO, Magistr

}1. 100,000,000 (£8,333,333) rate to be obtained on, application.

}1, 70,000,000 (£5,813,899)

12,160,288 (£1;063 725);

HEAD OFFICE

פונס?

The Hague."

דין

Bobberda.

HEAD. AGENOT-BARAYIAN "Francios si'

BANDJARKARDI, HAIDORES, CHILIKON,

DEINKIR

DJOKJAKARTA,

KOLA RADIAL MARAIKAL,

|

Honakong, March 11

NORTE DEITIзā- KUANTILE

·INSURANUR 00! (

WHICH ARE VRŠZNŐ VIN'SHAKES OF THE OCEAN MARINE INSUBANCE

COMPANY, LAPH

Kad

HN RAILWAY PASSENGES

ASSURANCE .00

TOTAL FUNDS AT BIST DEC, 1514

£23,970,387

BAXAZATE

BELLISHAL

BUNGAPORE

BOXRARAREA (Solo)

է: I

PADANG „PAŽINTANG,

PEKALONGAN, PINANG, PORZSÁKAR

Taxiro Tirsei (Dell) TEGAD

TILLARIA,

-Fire Funds

3,837,04

CARITAL AND COUNTIES BANT, LONDON AND SOUTH-WESTERN BANE,

PARR'S BANK.

Correspondmis” as: Bombay, Colombo, Madras, Pondiaberry, Caleim, Bangkok, The Bank has Correspondents in Com-Saigon, Haiphong, Hanol,. Assoy, Taka mercial Centres in the European Con-hama, Kobe, albomas, Sydney, Man Hnent, Russia, Maachoris Tsingtao, York, Ban Frangiano, data, dia. Chosen, Japan, Indo-China, Bism. India, Lowdon * Banner The Union - of Philippine Islands Java, and other London and Heaths Bank, Limited, Datch Indies, Australia, America,

Tan Bank bays and sells and snowdven Africa, de e

for collection Bills of Exetings; "ZIOTERA star of orally on 16 Bestimm 1964 Correspondents in the Best, on the Continent, in Grey Britain Amario and Australia, and best banking bustness of svary description."

J. J. VAN RE18,

Interest allowed on Currant Accounts, and Fixed Deposits straten" which will be quoted on spplication.

NAOKIOTI YANAOITA, Manager HONGKONG BRANCH:.. 3, Dos Vaux Road. Hangkong, March 13, 1919.

Hongkong, Oct. 30. 1818.

-Authored Capital £8,000,000

Babecribed Capital £4,000,000

www

M-Hie & Annuity Funds... 17,567,690

Blaking Fund Account

198,92

29.10.200 Ravens Fire Branch £5,381,45

Lifa, and Annuity

Branchesu)

9.141.5925 Sevence Marina Department. Other Receptac

136.96%

The Accprzulative Funde a Branchen sie bepaal Act of Paellament, anda tang thedral andor the repecular Bizare mence of the Compass's Business,

SHEWAN, TOMES & OD