1924-11-26 — Page 2

Page

HONGKONG & SHANGHAI THE BANK OF EAST ASIA,

BANKING CORPORATION,!"

HEAD OFFICE: HONGKONG, AUTHORISED CAPITAL...... $58,000,000 ISSUED AND FULLY FAID UP $20 000,000 RESERVE FUNDS!

STERLING... £ 1,800,000 SILVER...... 825,600,000 -

LIMITED.

HEAD OFFICE-

No. 10, De Vosur Road, Quatra), Established 1919:

|AUTESKTEN ČAFIZAL

1.

PAID-OF CAPITAL

RESERVE LIABILITY OF } $20,000,000

PROPRIETORS...........

COURT OF DIRECTORS

W. La Pailondan, Esq.-Chalesian, H.P. White, Eg.-Deputy Chairman,

A., Lang, A.

BD.F. Baith, Bag. W. H, Ball, Ea

AH. Compion, Eq.

3. A. Plummer,

T. G. Weil, Koor- HoMr.P.H.Holyosk H, M. Young, Eiq:

Chief Manager: A. IL BARLOW, Esq. Manager: Shanghal-G.H. STITT.Esq.

-

London Bankers: Westminster Bank, Ltd. CURRENT ACCOUNTS opened in LOCAL CURRENCY and FIXED DEPOSITS received for one year or shorter periods in Local Currency and Sterling on terms which will be quoted on application,

Hongkong, 25th November, 1924.

HONGKONG SAVINGS BANK.

$10,000,000,00

$5,000,000.00 $750,000.00

Tazy portion oman printed on ap Interet allowed on Currant Deposi Aasonini at the rate of Two per esxí, per Anman, on Baring Amounts four per beat, per sunum, sud on Finad

the following it... Fo'month'st inbhdfarof EXOT ARLING Jar mouths at the rate of 42 par savett. For month at the rate of NX DAT RESMU.

Hongkong, March, atk 1011"

THE CHINA MAIL

COMMERCE AND FINANCE.

AMERICAN COTTON.

MASTER SPINNERS IN MANCHESTER,

INCREASE OF HOURS.

(Reuter'a Service.)

London, November. 25. The Master Cotton Spinners Federation have amounced that KANTONGEGthe ballet resulted in the necessary Chedzama. four-fifth majority is fivour of in

creasing the weekly hours of work NEDERLANDSCHE HANDEL in mills spinning Americna cotton from 88 to 3047 The new time MAATSCHAPPIJ.

schedule will commence, on Decem: ber: 1 (SWYKKKLANDO TALKzio Bodzertj BANK.

FraBlanco 1824.. Homecare Bmanon Extanzmem 1908, Authorised Capital G. 150,000,000 $13,500,000. Paid-Up Capitel...G.. 80,000,000 £ 8,685,670 Rover FG 30,040,089 8 14:0412 Bpeelal Reserves.... 22,680,000 £ 1,886,230 HEAD OFFICE:- Aristardei,

EASTERN HEAD OFFN

BRANCHES Beaðarmasin "Bandoing:

H■ business of the above Bank u.12 THE

conducted by the HONGKONG AND SHANGHAI BANKING COND PORATION. Huies may be cbtained on application.

INTEREST on deposita is allowed on

the minimum monthly balancos at

3 PER CENE. por acnum,

For the HoMaxONG & SHANUMAÍ BAR. ING CORTOMATION,

3. H. BARLOW,

Chief Manager.

Hongkong, May 6, 1924.

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA

INCORPORATED BY ROYAL CHARTE

1563

HEAD OFFICE LONDON,

Paid-up Capital

£3,000,00

Reserve Fund

£9.900,001

Epeare Lablity of

Proprigion

£3,000,000

FOREIGN EXCHANGE^ 221 Goneral Banking besize transacted,

CURRENT ACCOUNTS opened and FIXED DEPOSITS received for 1 year or aborter perioda aš rašna gehish will be ground on applosion.

A. H. FERGUSON, Managi

Mongkong, May-0, 1990;

BANQUE DE L'INDO-CHINI.

HEAD OFFICE:

96, Polen Hadminann, Faria Bubscribed Capital... F. 72,006,000,00 Pajd-Up Ceplist

Recurve Funds..... Fr. 89,357,283, 14.

Bangkok Battambang

Carton

Dilbouil

Entphong

Hankow

Fasol

BRANCHES Hongkong

Noumen

Manglee

Papeete

Faking

Prona Pena

Fondleberry

BANKERS:

Balgom

Bingapore Titan Yourag

Ynunsafd

IN FRANCE: Compair Nations) † Emceenpe

de Paris; Credit Lyonnels, Banque de Paris of

Kate Bac

Cheribon The Hague Mak

Bombay. Debr Kol Mada

Pading

Fening 15

Palembang Puolima

Rotterdam Ainge Tegal

Barnaring-

Fecalongan Bangeon Bhanghal

}

SHARE SETTLEMENT.

"

NORMAL, COMPARATIVELY

SMALL."

"DEVOID OF INCIDENT."

Chenderiangs being amongst the mor active at the close, Even in rubles res, which we have described as quiet, a large number on 60 per cent of the American of stocks have been dealt in, as dollar, and as, for instance in the has also been the case with Titis. Straits Traders have continued case of rubber,75 per cant of our production was required by, and to firm up $27.50 boing now asked going to America, a glance at the for shares, but the most active rate of Exchange between here Industrial stocks has been Uniteers.. and America in 1919/20 (when one Collieries close with buyers at spoke of how steady the Streits $75.75 sellers $25.00 A fair dollar and the rubber price were business has been done in Loans keeping) as compared with fand a good demand continues. normal, to which happily we are The Geroan 3 per cost: Loan, it gradually returning, will give an will be seen, has improved again, idea of what was lost by this coun possibly influenced in some way by the commencement of use, of try in the sale of its products.

the now Dawes piark,

As we have said above, we can not go further into this now, but have moroly mentioned the point to show that even inspite of restric tion and a lower price of rubber as well, there is actually not the same doubt about the profits or stability of rubber Estates that certainly did exist, and apparently 'un realised by most, if not all, at the beginning of black 1920..

•

We have taken up a lot of space with the above, leaving little room for a report, but it is too important to ignore, and anyhow, as one of the London papers points out, now that we have the Conservatives properly back again, we shall in future, be able to leave politics more out of business and get on with the latter-a thing that has

EXCHANGE.

Hongkong, November 18, 1994., (in London-

Bank, Wire.....

11

"

Ce demand, in 11/-4 0/10-

dess sight 4 months sight 3/4-1 Credits, I montba sight...1/5- Doceriary 4 months' sieht 2/5-k On Pari

On demand ...

...:200 2043 Credits, & mouth?" "night....... ‚1148′ On demand...* On New York

On demand...

19

Credits, 80 days", High: on Bemb

On demand Ou Calmstor

fullor been possible for years. So that clients may expect reports of actual share dealings in On Singapore

the future..

Normal, comparatively small and devoid of incident-that was how one of the leading local brokers sunned up yesterday's November share settlement when a "Mall' reporter called round at lus office in the afternoon to see the final touches of a month's work,

"If there had been a boönf” on.

Tin has moved up and down Boersbai Sceralaris (Sola) you can take it fr me that no during the period closing 12/5 up official holiday would have been deat £260.5/- while rubber has clared for the interport cricket suffered a decline of 3%, closing. camiral. Compared with October, firm at 15, after, however,

was touching 1/6%. the November settlement dimirnéve. Everything, so far as is known, pussed off smoothly and without a hitch," he added,"

Weiterades

· Tillnajap LONDON BANKERS:- Nations? Provincial Bank L42, Correspona, raka ali uvez the world.

BANKING BOBINESS OF EVERY DESCRIPTION.

WAL GROSKAMP, -

Agrost

Hongkong, November 4, 1924,

司公理營業實法中

SOCIETE FRANCAISE DE GERANCE

DE LA BANQUE INDUSTRIELLE DE CHINE ETABLISSEMENT FRANCO

CHINOIS.

(Incorporated in France)

8, Chater Road Victoria, Hongkong,

HEAD OFFICE: 74 Rise St. Lasare, París.

Bubscribed Capital fully

Baryo Fund

pkid-ap *** Fr. 10,000,000

F 10,800,000

Working find provided by: THE BANQUE, INDUSTRIELLE-

DE ORINE Fr. 50,000,000. BANKERB:

Park Bociete Generale, Banque Katinemin de

Credit. Banque de Paris et des Pays-B Landent: MIAI Bank, Ltd

New York: Irving Bank Columbia Trazi-Odi

Every description of Banking & Exchange Badne transacted. Correspondents through- out the world.

10th November 1924.

M, FITZ-HENRY,

Manager.

de Pays-Bas; Crailt Industrial & Commercial THE BANK OF TAIWAN, LTD.,

fociata Generala.

IN LONDON: The Nellonal Provincial' à Union Bank of England, Ltd.; Comptoir National d'Easompte de Paris, Credit Lyonnla

IN NEW YORK: J. P. Morpa”& Co." French Amerions Banking Corporation; Guaranty Trust Co. of New York,

Internet allowed on Current Accounts and. Fixed Debela tööording to kerasjendans.

Every description of Banking and Exchangü Business kransseted.

A. LECOT,

Manager

Hongkong, March 20, 1924,

(Taiwen Ginko.) ·

Incorporated by Special Imperist

Charlar," 1909.

Capital abscribed....I 80,800,000 Dap (Paid-up) Yan $1,600,000 Kopean Frand X 13,080,000

·

HEAD OFFIOL:

WAIER, FORMOSA

BRANCHES:

PAN-Tokyo, Yokohama, Koty, Osaka,

"TRAMS" A FEATURE, Asked if there were any special features, the broker smiled at a collengne who had just come in and offered $48 and for Trains for January and $49 February.

Local rubber shares have been quiet throughout the period but close with a better demand, due we hope to something of what we have written above being realised. London rubbers, which have risen or remained steady all along, close a shade easter.This is probably due to profit-taking, just as it took

пот

#99

155

290

On demand

++

240

130

On demand...

109

On depand...

109

On domand.us

nom.

On Manila- On Bhangbal

30 days' sight (private paper). On Kokolasangan. On demand = r. 1424 Gold Lo, 100 fine (portal) 43.80 Bilver(per.os.) Sovereigns (Bank's beying rate) 8.20

200 +06

· SUBSIDIEMY› GODINE. :) Hongkong 50 cente, cab

10 "

***

4 % pm, ... par.

% pa ...$60.50%.dir. to coins Baz Silver in Hongkong 1 % pm. Chinone Upper Cath ... 10% pm. 6 pm. Chinerie Copper Cents..... On the interviewed broker reply-place earlier here.

Tin, Shares have been a very fate di Native Interest... 7 % pa. ing that he was also buying, the !

par. newemmer queried if an additional steady market throughout the Cinese, Bab. Cola...204% dis. half dollar for January would he week, Kuala Lumpur Tins and bongkong. Jah, Coin any inducement to sell.

No, there is nothing more that can be said about the settlement. On leaving, the reporter was told to call round for the December settlement when "developments". would not be totally surprising.

What these "developments" were, the broker did not say, except that unless there was an apprecia- tion in one or two denominations of stock, somebody would have to "carry the baby."

NAM PAK HONG MARKETS.

THIS MORNING'S QUOTATIONS.

This morning's Nam Pak Hong basis usual guild quotations, terms, for "spot" goods, were as followe

Java sugar per picul net:-

No. 24 rough white...$ 9.80.

No. 24 fine white..

No. 18 rough brown... Java brown

10.00

9.85 9.15.

Dealers are quoting between $9.50 and $9:55 for smaller lots of No. 24 rough white" to induce clearances before the Winter (December Solstice Settlement

LOCAL SHARE MARKET.

Bank.

OFFICIAL QUOTATIONS... NOVEMBER 26.

Names.

II A.M.

Jock Exchange.

H.S.P.C. T.T. selkaz rate

on London MOM

$72

NOVEMBER 26. Starbrokers Asclativa.

3/4-1/2 -

72-1/8

b. 170

n. 211

b. 88

Hongkong Banks 1170 b. 1175 sa. London-£129 n.

and on Shasebet

Obarte od Bank.

East Asia Bank

P. & O. Bank

Mercantile Bank AB £281 b.

do.

Marine Insurancss

Canton Insurance...

North China Insuranon »

Union: InsayanOB.

Insurance Fangtais

Ohins Undirs

Far Easterns.*** *** Fire Insurances

Chitis Fire Insurance Hongkong Fire Jnsuranca...

Shipping

Douglanes...

H.K. Steamboats.

Indo-Chinas (Pref.

(Def.))

do. (EL.E. Rog.)

Shell. Transportë,

Star Ferries...

IM

_141

Hongkong Tags and Lighter

" 11. . $93.b..

1

WEDNESDAY, NOVEMBER

GREEN ISLAND CEMENT CO. LTD.

BEST PORTLAND CEMENT

SHEWAN, TOMES & Ɑp«

General Managers. ·

HONGKONG.

MOTOR TRUCKING

Our Fleet of Fast, New and Up-to-date Lorries assure you a rapid and efficient service at Minimatum Rates.

1-ton Speed Wagons - © $4.50 per hour 8-ton Lorries

@ $8.50 Waiting at, Half Rates. ESTIMATES GIVEN

WE SOLICIT YOUR ENQUIRIES

THE HONGKONG MOTOR TRANSPORTATION CO. LTD.

23. Des Voeux Road, Central.

Phias Central 1913.

P. O. Box. 845.

THE HONGKONG, GARAGE CO:

15 & 17. Queen's Road, East (Opposite Dalbuta's)

NEW CARS FOR SALE & HIRE Telephone C. 4006,

Expert Repairers, Painters and Overhaulers.

Qushion and Seat Cover Manufacturers.

Top Bebuilders

Prompt Bervice at Moderate Prices, Tires and Accessories for Sale,

Managing Director, C. L. PUN.

J. H. TANG,

Secretary..

b. 740

'n 140

2. 10

·1.03

180

THIS XMAS

It is a pleasure to give and a joy to receive a

CONKLIN PEN

Pen that never fails to give perfect

writing service.

WELLERS ASALNÉELIDAENCH SOUTH

Solo Agants:

THE WING ON CO., LTD., HONGKONG

#140-13.

$260 h.

b. 31

1.90 b.

$ 190.b.

***

850. b.

$60.

$ 138 m.

8 til

11 n.

84/6 b.

#118 0.

1·2·1% n. $255-b.

b.: 11

D. 350

Malabon Sngar Mining

+11

Now Share 195 1. #41 m.

b. 89

2.41.

Kallan Miving Adm... Langkato...

*0/-10

12. 69/-

Carab, #17). b. 17) a

Shanghai Loans...

#. 19

$4.20

Angle Inngkate

D. 9-1/1

Ranbe

n. 1.10

9,60

Tronoh Mines

$9/- The

48/

Ural Casp.

P. 1.80 b. 8

$200 b. &.

́# 1813/4-1/7 ame

↑ 100 b.

Flour Market, Firm..

Y:

The flour market continues firm. This morning, aales were effected

THE MERCANTILE BANK OF FORMOSA–Gius, Kagi, Karako, Kat, per "quarter" sack of 50lbs.

INDIA, LTD.

J

"BEAD OFTIDE:

13, och Street, London, 1, 22, 2.

Authorland Capital

Paid-up Capital

Bubscribed Capital

Reserve Fand ...

SANZERS:

Makung Nenio, Pinan,

Shinobiku,

Talche, Taipan, Takow,

Hajuani, Tohyaa, Ako,

OHIMA

Toobaw, Bwakon, Cantor.

"XXX"

"White Greens"

Shanghal, Bankow, Hobag, and quoted again at $3.68,

£3,000,000 OFF Babok, Hongkong, Sings.

1,890,000

1,050,000

1,350,000

The Bank of England &- Midland Bank, Ltd.

'Bangkok Galla

Batärin gir

BRANDRES 2

Kuat Lamym Sangoon Madona

SHADEDA New York Fimla

Blacapora POJANS Colabo Karachi Port Loan (Matzklas)

Homony Mowrah

Calo Kamiy

Kota Bharu

4.

Semarang, part, Boarabaya, Batavia, Bombay, London, Haw York,

LUNDON BAX744:5} London County Westinitater and Farr's Bank,

The Bank has Correpandente is the Dommarcis; Centres in the Europesa Continent, sada, churia Twingtao, Japan, Indochin, Siam, India, Bourabaya appia (slands, fken, and Daten Islist, Anst

ralla, Amerion, Asilon, do, HONGKONG BILANCH,"

Tier Slowed on Carpent Account, and Fixed Every description of Banking and Krchange best Deposits at rates wäich will be gested on applion. Brew transacted.

INTEREST allowed an Durrent' Accountant 1 per

cent per annum on Daily Stalanes, and on Fixed De

Uca

Z YAMAMOTO,

postia at ruins that may be ascertained on application | HONGKONG BRANCH,

7, Queen's Bond Central,

HongYong, October 1, 1998.

W. WILBON,

Minigu

THE YOKOHAMA SPECIE BANK LTD.

HERAKLÁRIO · 1880-

Birman třeby pali wp) .... ....Yes 100,000,00

70 77,500,000)

HEAD OFFICE –YOKOHAMAṀ.

♬ DANCEM ́ANG. AqÉRust. 43)

Bate vis

Bombay

Денов Аути

Cleats

Changeles

Delzen (Delay)

段

Saigon

Bhangal

Tag

#Dear Road Cenkel. Hongkong, 8th June, 1924.

THE BANK OF CHINA, 行銀國中

{Mymetally Anibarland by #waldenbiel Maning of the Rapoblis of China on the 22nd of November, 19178, Authorland Ospital: $60,000,000.be $18,278,000.00 Pakl-up Capital

HEAD ÖRFIONI FEKING. HONGKONG: BRANCH T

Oriental Way. Co. Refineries

Chains Segar

Shal Exploration.............) #48 n. “

18).

***

Bengoet Canada

Doska, Wharves, Godowns, de,

KUALA LUMPUR TRADE.

E, & K. Wharlo

LITTLE TO COMPLAIN ABOUT.

Messrs. Baker, Morgan & Co., Ltd., Kuala Lumpur, reponed on November 30 as follows:-

Although there has been nothing really to complain- of In the past week's business, it has been quieter, locally, on the whole." London, however, has been per- haps more active in Rubbers and Tins-the two sections that most interest: this market. The reason for the different situation that obtains out here is not difficult to- trace, but we must leave a closer Inspection of it for some")ather week.. Meanwhillo; if the policy is be pursued to the bitter end, it seems that something in the nature of an im passes only can be itlogical

§. 1,129,438.38(termination. We refer to big blocks of rubber shares being dumped on the market by Banki on other mortgagees; the moment any sort of a price. Is obtinubie, and, simultaneously; the view basi ing held and expressed by these parties that the risk of advancing

QUTHE ROAD, CENTRAL,

tad | Bob-brapskega

Ein Balint F25 kgeincon sach::securities in Vero

Unions Butta vé England; Záli | great to be taken. The same ap

B. & Wa Dock, an

Stal Dooks...

**

... Tob.

... $195 b.

Now -18/18). 11.10 8. $10.

3105 35.

New Enginselægsar H..K. Engineering. Shangbai Hongbawa Lands, Hotels & Buildings,

A.K. Shal Hotels 18/18 BK. Developments Chins Bases Hongkong Landı... Humphreys Estates..... "Kowloon Lands

Land Beclamations Princes Building..... HE. Territorial Cotton Müla,

b. 306-1/3 .308

b. 151. 158, 153/1

5.98-1/2

bo

(b. 18-1# Now-b. 18) b.

I. 90 Cents

***

FA

b. 105

013 6.

I. £2.40

-

*** $150 b.

a. 150

**

$1.29 .

民律

Ti: 11.00 b. & sà,

b. 11. 11.35

100

Tib

T67-1/2 b. Hèw BIT-1/

167 New 8911

-

(b 171 New b. 18

Ewo Cotton Mills, Ltd.... Krag Vilor Lang Kung Mow Orisutalso Shanghal Cotton..

Comente

20

-0177 b. New 6.80 h. en "Comblaad"! #151 b. China-Borneos Chlan Laschale (01d)

#1-81/8 n.

!2}}}

*(n. 15) Wow bl) .. (Comb. b. 39.

6.261

do (New) = Bli•t/1⁄2 n. Comb, 913 m. (New » 12-2/3 Comb. §31-3/4 = 24 m China Proridents 16-1/9.k. Now 6. me Providenta Domblood-10) 543 Dairy Farm New M

Hongkong wod Denton, Tegne Hongkong Bope. bis 30 m. Now 11 a. Ropes Jombinadın Hengkong TreeTAVAGAN Pook Trazawawy (Old).

Do

(New) Bi-Lan

mely. KrostyPoopas of May piles to all, but a few Tin shares. Steel

Now Tinand: Rubber are the

country's chief assets, and before so serious a altuation can be silent- ly Swallowed)", it's "amises di'etre?" most baturally calls for examines don, Marly blanders we know were mide, hero, së, sind where in the skørtilyed põftower boo

$80

b>49 4/45) = 10·1]Z

1-11-1/2 b.

b. 173

£3.40

19

Tel. "Jamaco". London.

Phonë Gerrard 5476

A. C. DISS.

(Late of DBS BROS, & MACKINTOSH, LTD.)

HONGKONG

Co CAMPBELL LATHAM & CO.

TAILORS

59, Conduit Street, LONDON, W 1,

For over ten yats we have been engaged in the manufacture account oil in Eingapore. Par brands, the Goonennt Tron," "Elephant" and "Star" are.recovered for thair exoellent standard, test results, and clarity, and are iras from impurity or adulteration. These products are already known in Chins and abroad and it is to facilitan our osloomed patrons that we take pisaram" in announdng that Mooma, GOH GUAN HIN of No. 64, Bonham Strand Wa

Hongkong, have been appointed car sola: agents in Hongkong.

THE EO HONG OIL MiLua DD

SINGAPORE.

G. FALCONER & CO. (HONGKONG) LTD

WATURMAKERS & JEWELLERS

DIAMOND FROHANTS

UNION BUILDING (OPPOSITE G.P.O.),

Agente for ADMIRALTY CHAI

OST'S BINOCUTLA