1924-12-17 — Page 2

Page

HONGKONG & SHANGHAI

BANKING CORPORATION..

HEAD OFFICE: HONGKONG.

AUTHORISED CAPITAL.......... $50,000,000

THE BANK OF EAST ASIA, LIMITED.

1

HEAD OFFICE←→

No, 10, Des Voeur Road, Central, Established 1919.

ISSUED AND FULLY PAID UP $20 900,000 'AUYHERITED CAPITÁL, .................... 10,000,000,00 'RESERVE FUNDA

10,000,000.00 BMPUR. $750,000,00

STERLING... £4,500,000 SILVER...... $35,500,000

C

RESERVE LIABILITY OF

$20,000,000 1

PROPRIETORS.

COURT OF DIRECTORS W.L.Pattonden, Faq.-Chairm

·RP. White, E-Deputy Chairman. I

B. D. F. Beith, War. W. H. Boil, Exq

A. TAVER. ENC.

7. A. Plummer, Eng A. H. Compton, Ex. T. G. Woali, Bar: Hon Mr.F.H. Holyoak: f. M. Young, Bau.

Chief Manager:

A. H. BARLOW, Esq. "

Manager:Shanghai-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.

description of Banking and chat

Lowns granted on 13-

DKUPIĆ BOOKTINIJU,

Intermes allowed as Carat Degent 4000 at the rule of Two par pent, par Anax FAMI Acogente Four par aut par sannso, náď sa Deposits at the following taler :-

11

For most at the rate 57 3% pUP ANNULÍN- For month at the ražo al 4% per assum. For 15 months the rate of 8%.psT ABRUIN, KAN, TONG PO,

Quiel Manger,

''

....Hongking, March 2là 100%.

NEDERLANDSCHE HANDEL MAATSCHAPPIJ.

(NRTHERLARI TRADING SOCIETT.)

**BANK.

ESTADISED 1824.

THE CHILNA MAIL.

COMMERCE AND FINANCE.

NAM PAK HONG PRICES.

FLOUR AND SUGAR MARKETS.

This morning's Nam Pak Hong. quotations, basis "usual guild terms," for spot" goods, were as follow:-

Java Sugar, per picùl net:- No. 24 rough white...$ 9.80 No. 24 fine while ... 10.50. No. 18 rough brown,.. 9.90 Flour per sack of 60 lbs. "XXX"

$4.10 3,50 3.50

"White Greens

"Kingfisher"

HONGKONG TRADE.

REPORT OR AMERICAN

CONSUL-GENERAL

13

FRENCH TRADE.

BEŞERAL INÇUKASE SHOWN IN,

RETURNS.

(Reuter's Service,)

!

Paris, Decemhór 165 The Huvas Agency annoiners that Fralice's imports during the first gleven months of 1924 RiDOING to 36614,000,000- Frames -- 162400,- 1XX) tong), compared with" 28,754.- COURO Tunes (503800,000 tons) during the corresponding period of

*1921.

The exports amount to 37,112,- 400,000 francs, (27.000,000 tons), compared with -27.291,000,00 franes. (22,000,000 tons for the same period of the previous year,

The total subseaptions to the In a report on the tide of Hong-rent French internal loan HORTONG BALTOK ESTABLISHED 1909,

hong, L. Consultimul Willinen punted to 4,036,000.000 fmones. Authorised Capital G. 150,000,000 £1,500,000. Gale states there appears, twithout reckoning the subscriptions Paid-Up Caylial... 80,000,000 €5,688,670 be an excellent opportunity for of inte investors, Reserve Fund 20,040,08% 21,670,419 Americi, shipping intereste to Special Resorvos...G. 2,650,000 £ 1,888,330 HEAD OFFICE:—Amsterdam, EASTERN HEAD OFFICE :--Batavia, HONGKONG SAVINGS BANK.

BRANCHES, business of the above Bank in Bandjermanin. Bandoeng conducted by the HONGKONG onts AND SHANGHAI BANKING COR. Dojakarta Kota-Raja

PORATION. Ralen may be obtained on application.

Padang

Penang

Rotterdum

nt

| Singapore"

Tegal

INTEREST on deposits is allowed on

-the minimum monthly balonces

3 PER CENT. por antum.

For the HonakoNG & SHANGHAI

BA 180 CORPORATION,

A. H. BARLOW,

Uhief Manager.

Hongkong, May 5, 1994.

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA

INCORPORATED BY ROYAL CHARTE

1853

HEAD OFFICE LONDON-

~Páld-up Caplis) ..............

Barve Fund

Roger Liability o

Proprigion.

£3,000,00 £2,500,00 £3.000,009

FOREIGN EXCHANGE ... General: Backing business trazuscled.

OURBENT ACCOUNTS oporood and FIXED DEPOSITS Blvd for 1 year or sbortar periods at rahas which will be quoted os sppilosilon.

A, H. FERGUSON, Managar

Mongkong, May, 1920

BANQUE DE L'INDO-CHINE

·

HEAD OFFICE:

9. Porlord Banana, Para Bubacribed Captial. Fr. 12,800,000.00 Fra 68,400,000.00

Pild-Up Capital

...

Reserve, Fuads ...F: $9,687 283.64

BRANCHES

Okaribon

The Hague

Makamar

Palembang

Bombay Dieta ber Kabe Medan Pecalongma Наконта Famaran

Shanghai Boera bas Boerakarta (Bolo) Tilatjap

Weltevreden

Pontianak

LONDON BANKERS Nativer Provincial Bank Ltd. Correspon all over the world.

BANKING BUSINESS OF EVERY DESCRIPTION.

W. H. GROSKAMP,

Agent Hongkong, November 4, 1924.

·司公理管業實法中

SOCIETE FRANCAISE DE GERANCE

DE LA BANQUE INDUSTRIELLE DE CHINE.

ETABLISSEMENT FRANCO

CHINOIS.

(Incorporated in France)

|

5, Chater-Roal Victoria, Hongkong HEAD OFFICE : 74. Kue St. Lastro, Pería,

Fr. 10,000,000 F, 10,800,000

Bubscribed Capital filly

....paid-up

Reserve Fund

Working fund provided by THE BANQUE INDUSTRIELLE

DE CHINE

Fr. 50,000,000.

й

BANKERS:

Parla: Bociete Generale, Bangue Nationals de

Orodit. Banga de Paris de Pays-Bas

London: Midisad Bank, Ltd.

a larger portion of the ergoes and passengers being car- ried between San Francisco d Hongkong" by placing on this ran several fast stegets of about 100) Jens-with” accommodation The for about 100 passengers.

resent service is inadequate to Yaundlall of the carrying trade, now being and mur of in is diverted to smaller and slower Freight stemmers using dissatis faction among the Shippers. direct fast freight service between the Gulf and Atlante ports of the United States and Hongkong wont in alle probability, selaire a large portion of the cargoes now being consigned to Berse ports in Promigu ships.

|

HUKUANG BONDS,

BRITISH DEBT)

AMERICA RECEIVES CASH PAYMENT,

Reuter's American Service.)

New York, Dareinber 16, Britain yesterday' paid "a hafl- Yearly instalment of $91,000,000 against her debt to America. It is the firstcension in which an instal. men has been paid in-cash instead. of in Liberty Bouds, as the intter

how at a premium..

SILK SHIPMENT.

Silk forwarded from here by the sis. "Empress of Russia" on November 20, arrived in New York (St. John's Park) on

days ih, transit.

CANADIAN SILK.

MEASURES TO PREVENT SMUGGLERS. (Reuter's American Service.)

Ottawa, December 16, Hon. MW. L. M. King, the Canadian Premier, has promised a deputation, representing Mon- treal and Toronto silk manufac-- turers, that Government will take

effective measures to prevent the smuggling of silk Dominion.

into the

EXCHANGE.

Bongkang, December 17, Loudon

Hook, Viro..

n demand,

1924.

...9/4 .../-4 1/18

"0 days' sigh*....

* months sight.../4- Credita, 4 months' sight...1/4- Documentary months' sight 2/5 On Paris-

Un demand Tang ...1015 Crodita. 4 months' sight... 1115 On demand

On New York-

...Dom.

On demand..

BET

Credits, 80 days right. 681

On Bombay--

Wire

On demand,....

156

Da Zaloutta

Wim.

On demand.

1504

On Singaporosis

On demand...

A$1

On demand.....

1091

Dom.

On Manila

On Shanghal-

On demand...

30 days' aight (private paper) On Yokohama 'On demand on

1491 Gold Leaf, 100 ans (per tael) 46.80 Sovereigns (Bank's buying rate) 8 84

99, Silver (per on) s

BUBSIDIARY GOINS, D Hongkong 80. cents end 4% pm.

10 ++

5 % pm. Canton coles

266 % dla. Bar. 8ilver in Hongkong 11pm. ...10-% pm. Chinese Copper Cash... Chinese Copper Cente po

p.a. Ohinese Bub. Coin ...26% dis.: Hongkong Sah. Csin

1: $2

SUDDEN PLÜTFUSTION 13 SKW YORK- December 13, having been 23 Rate of Native Interest,

(Reuler's American Service.).

New York, December 16." To the Stock Exchuinge the. Tłokuang · Railway five per cent. bonds broke six points owing to Mr. Piorment Morgan's announcement i ut the balf-yearly rompons bad Toy been paid, but later the bonds recovered two points, when the un- nouncement, added that inasinnch & as there had been delays in payment in the past, it was hoped that the funds would be forthcoming later.

11

SHANGHAI MARKET.

Now York: Irring Back Columbia Trust C HEALTHIER OUTLOOK IN MOST

Every doription of Banking & Exobange Balnem rosacted. Correspondents through- out the world.

M. FITZ-HENRY,

Manzgor.

Bangkok

Hongkong

Nalgon

Battarabang

Mangtse

+

Shanghai

Canton

Noumo

Hingsport

Djibouti

Pipente"

Posing

~Tlentula Tonyas

Paom-Peril Yunonfo

10th November 1934.

Pondicherry BANKERS:

Haiphong

Hankow

Hanol

IN FRANCE: Compic National d'Facom THE BANK OF TAIWAN,

de Paris: Credit Lyonnals, Banque de Paria

des Paya-Bar; Crodit Industrist at Commersial Boelets Generale.

IN. LONDON: The Netlonal Provincial & Laion Bank of England, Ltd.; Comptoir National compte de Paris; Credit Lysanla

IN NEW YORK: J. P. Morgan'& Co. French American Banking Corporation; Guaranty Trust Co. of New York.

Interest allowed as Carrent Accogate and Fired Deposits socoriidig to strangement.

Every description of Banking and Exchange Businem transacted.

A LECOT,

Manager

Hongkong, March 20, 1924.

(Taiwan Ginko.)

LINES,

Shanghai, December. 13: A- healthy tone has pervaded the markets during the past week, and it seems that there are better pro- LTD.,spects ahead.

Incorporated by Special Imperial Übartar, 1994.

Capital adverbed.... Ep 80,000,000 Capital (Paid-up): 1... Yan 51,500,000 Kagan Fund sass.... Yim 13,990,000 -

HEAD OFFICE: WAIFEH, FORMOSA

· BRANCHES I JAYAN—Tokyo, Yokohamon, Koby, Oraka,

Mojt THE MERCANTILE BANK OF FORMOSA-Giran, Kagf, Karenko, Kas

INDIA, LTD.

HEAD OFFICE:

!!18, Gazechurch Blanet, Loudon, E. (2. 3.

Authorhod Ospital

Palid-up Capital

Subscribed Capital

Reserve Kund

11

The inquiry for piece goods has continued, and while local prices, are as yet below the Manchester parity, everything points to the possibility of a profitable spring irade.

Tar.

LOCAL SHARE MARKET.

ÖFFICIAL QUOTATIONS.

U AM.

DECEMBER 17. Nam

dauk H.S.B.C. T.T. on selling rate

London

Brick Exchange. »'

DECEMBER 17. Sharebrokers' Association.

2/4

and on $b Boghvi, *** 0781 Hongkong Banks 1170 b. & ss. Longor-£129 b Ohartered Bank

North China Insurance

Jaion Insurance

Tosursace Yangtze

Obin's Unde

Far Eastern

Fire Insurances

Chins Fire Insurance ... Hongkong Fire Innorance. Shipping

2/4 372-3/4

by 1170

£20-1/2

n: £11

a. 100

b. "A" E18i

b. 12

b. 740

2. 10

10 b.

P. & D. Back in

11.

404

East Asia Rank

ICO 6

Mercantile Bank A B E ht

do.

£iti b.

Marine Insurances

Canton Insurance.......

780 n

140 .

IM

#237 D.

n. 351

424.

D. 49

1,80..

b. 24 sa, 2)

€180.b. 855 b.

180

b.

695

50 9.

0. 58

30.7.& sa

$8. 38

1. 36

$120 0.

中

85/ b

b. 86/-

#135 n.

82...132

41:20 n.

b. 1.70

8:55 b.

D. 285

Now Share #86 b.

b. &. 93

41 n.

n. 41

70%-b.

A. ABI-

b. 12

6-1/8 he

b. 5-1/3

b. 94

1.

1.90

Douglases ***** B.K. Steamboata ka Indo-Chinas (Prof.

(H.K. Rag.) .do. Shell Transporta”...... Star Ferries

J

ונו

Hongkong Tues and Lighter Oriental Ney, Co.

In produce there is more like- │thood of cargo being able to | Refineries

move in the interior, and in certain lines China valyes have come down. The undertone for silk is, however, weaker.

PIECE GOODS.

In the piece goods market many inquiries are being received from Makung, Nauk, Pinan, Ningpo, Tientsin, Tsingtao and Shinobike. Teichs, Tainan, Takow, the smaller River Ports, but owing Faurel, Tobygn Ako.

to the political outlook Changshä CHILIA Shangha), „Hackow, "Ifukisog and Hankow are for the time being Amoy, Foosbaw, Bwaio, Canion quiescent. The offers received £3,000,000 OTHERS-Bangkok, Hongkong. Bing are meantime hardly high enough

Samarang, Boarabaya, -Belaria, Bombay, London, New to meet what holders of cargo are

York...

generally prepared to accept, but this seems like'y to be a temporary phase, as owing to the shortage of Landon County Westminster and Parr's Bank.stocks and absence of future ar

++

**

1,500,000 1,050,000 1,250,000

BANKERE:

ERANCHES

The Bank of Engdans la Midland Bask, Lid.

Bangkok Gall

BALATIA

BUBIDAY Howrah

Golambe Ha

Cainta Kandy

Delhi Koin Bara

Manas Jaripur Sangoon Madras

You

Kark

Shangha

Singapore

Port Loca Odauritian)

BONGBONG DRASÓI,

Bournbaya

Every description of Banking and Exchange brusd.

nd transacted.

INTEREST Allowed on Current Accouuta at ↑ por next per annum os Daily Halaque and on Fixed De

Pr

LUNDON BANKERS:

The Bank has Carpanente in the Commerci Centre in the tumpaan Continent, Bawi, Ma charla Taingtao, Japan, Indo Chias, Ham, India, Phileplus stails, Java and Dusch Indisk, Ank ralis, America, Atilen, do..

Internal allowed on Curmint Account, and Pixel

Deporte at rates which will be quoted on appics

Z. YAMAMOTO,

Моти

sole at rates that may be ascertained on application, HONGKONG BRANCH,

7. Queth's Road Central,

Ronghung, October 1, 1928.

NC. WILSON,

MADNE

THE YOKOHAMA SPECIE BANK LTD.

Bevantare 1890,

wariyan duly pali ap)--Yen 100,000,00 BREVE FUND

HEAD OFF-YOKOHAMA,

BHANUKI AND AGEBOTEN AN I Fala Tit

Newchwang New York Denka

Bombay Buenos Agros

Changthon

Didron (Dsiny)

Fongtian (Kahden) Hamburg

HALLOW

Harbin Honolulu

London

Los Angalor

Kogoya

Poldrig

Rangoon Rio de Janabe Baigon San Francese

Baanghal

Bagspon

BORTERY Bydney

Tokyo

„Einginu.

Viaŭrortom Internet allowed on Burrent AsOR SAI Deposu vestrad for smed perioda ne zabor

OL ARIMA.

Hongkong, 17th Oct., 1994.

Manager. |

Du Van Boad Central. Hongkong, 5th Jans; 1924.

THE BANK OF CHINA. 行銀國中

(8psetally- Anthorised by Prpeldanifai Mandag of the Republic of China as the ad of Novambar, 1917). Authorland Capla ...........$60,000,000.00 Paid-up Capital 28,278,800.00 Bare Find....@ #,879,436.24

rivals of cargo, the interior is bound to increase margins.. A settlement of the political differences of the country would ensure a very good Spring trade.

Fates

At the auctions prices were on Yuenfong the average steady. again increased their, quantities, and in certain instances were lower than these prevailing last week. This was the case in Italians, but it is more than doubtful whether, the increased quantities had anything to do with the question of price. Prices for this quality of piece goods are quite high at the moment, and especially at this time of the year a slight gap in demand is sufficient to create a reaction. The fact that there was only a slight réaction coupled with the circumat- ance that this and next week's auç-| HONGKONG BRANCH : tions are the last due for payment QUEEN'S ROAD CENTRAL. before the end of the Chinese year, Branches and Bob-branches all ** |is à criterion of the strength of the China and Corrspondanis in Europe, marketgenerally. Greys were good, Americs, and olhar parks of the world." London Reorgay---E Masonal Frovin the demand.coming from the local keland Union Bank of England, Lid: areas as well as Ningpo and Tien-. Thy Guarasty" Crint Company of Natsio. In this class of goods a steady rise of about a mace a week Tork, XmZork Bankgeig Thy - Irving has been the order for over a

Xallomal Bank”“”

HEAD OFFICRƑ XIXING..

month past. A good undertone The="qulubia-Roma),Dezynny-al-We-was in evidence for all qualities of

Whites, but limits throughout were Indachel allowed as Geriget Assoms rather down and comparatively And 318 Deportes - Eeems on applies fittie support was obtained-from- Korea Delizarles have been good, main feature, belog their the general distribution; Tientalo shows so improvement in all classes of goods, but for reasons stated above the River Parts show slightly loss activity.

Mvgry Agenctylow of Boiling Bralupe

TBUYER PEL

Manager.

China Sugar, Malabon hugar Mining

-14

Raiian Mining Adra. Langkate

Shanghai Loens

12'S

... Comb. $2 b.

$81 b. B'hai Explorations...) 35'35 h.

Blogie Langkate

Raub

Trouph Mines

Ural Casp. Benguet Conse Dooks Wharyan,

B. & K. Whorfa B. & W. Dock... S'hai Docks

+

4AL I

...

tsh b.

#3 D

56/- 0.

B

P. 1.80 0.

Godowns, &a.

1216 b.

b. 16/

b. 216 2174 #. 917-12

b. & s. 150

b: 100

A 1.60

Now Engineerings... H. K. Magineerings. Shanghat Hongkowe Lands Hotels & Balldings,

H.K, &'bai Hotels $19-1/3 b.19)sa. New-15-1 b. (b. 19-1/? b. s.20 am, 19.60/20 H.K. Developments China, Buses

#161 n.

T 108 b.

+

140

T 7.60 b.

$206 b.

***90 ct.. $101 D.

Fol

:00 b, 109/10 sa:

125.

·$150 b.

and

... 13.80.

$10 b.

199 +++ **

Tla 11,90 b. 12 BR.

T3 80 b.

T-80 n. Kaw $53 m.

mgkong Lands... Humphreys Estates Kowloon Lands ... Land Reclamations Princes Building ... 8. Forritorial 'Rural Leads... kạt phen Cotton Milkm.

Ewo Cotton Mill, Ltd. ... Kung Yike me and Laon Kang Mows... Orientals........ Shanghal Cotton ....... Yangtazspoos... Mlecollaneous,

Comenta ...$18 b. Naw of b. Cemente "Combined" $281/7 China-BorneOS,

$18 b.. China Tights (Old)

do (New) $10-1/3 b. Comb. 24 à. Chtas Providente 316-1/8 m. Now 6.95;5) na ♪ Provident Combined. 32) L Dairy Farms...e à un 224) di St EL.R. Electric un Maono da Hongkong and Canton Loos Hongkong Bops. 19) a. New 10) n.. hopen Combinad

$57 b.

52 by 53, Hongkong TramWAY... Peak Tramwayaw{Óld)... $25 6.

(New) Steam Laundries ...

RK, Steel Foundry -****

$140b" Wator-bouteya yerdan ***

#23 New 18 „Watson's C

$3-1/2 D. 8.16.2 -$18.90īn♬

Do

Wm. Powella

Blogspore frams

~Late-Orawfords var"

8.8 D. $9

Canton Ice kar

4.K. Construction Nanyang TahmoOO

B.K: Realty

8.5. Taxid

Der A. Wing bully pald Pe" "part - Do

United Asbestos (Foun

Ji by

13...

a, 90 Cents (New-b. 19

b. 109 109.18 10/110'

31.10

- 100

b.11.80

§. 31. 3.90 n. 60 New 1 n.

'( 18h za 10 Now b. 7 sa 7.10.

(domb. b. 28.40 va. 25-1/1

a. 18

(lo 2.10 Couch B để th (616 161/ New b6.15 = 0.40

Cola

83-1 sm.33-1/2 ·. [sa Bjj3,45

b. taj na 24.

34 421

18 New 11 n.

b; 55 sa 58

Now a

19

WEDNESDAY, DECEMBER 17, 1924.

GREEN ISLAND CEMENT CO., LTD:

BEST PORTLAND CEMENT

SHEWAN, TOMES & Co.,

General Mager

HONGKONG.

MOTOR TRUCKING® Our Fleet of Fast, New and Up-to-date Lorries assure you a rapid and efficient service at Minimum 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. 28. Des Voeux Road. Contralo. Box 645.

Phone Central 1913

THIS XMAS

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

CONKLIN PEN

A Pen that never fails to give perfect writing service.

Sole Agents:

THE WING ON CO., LTD.,

HONGKONG

THE WORLD SUPPLY CO. 81, Connaught Road, Wast

PAPER.*** FANCY. PARASOLS IN SILK AND UMBRELLAS-EXCELLENT FOR SUNSHINE AND RAIN, IT'S STRONG AND LASTS LONG, AND

REASONABLE AFTER ALL. Wholesale price list sent on application.

Agents wanted. Obtainable at:- The SUN CO., the SINCERE CO., WING ON Co., THE EASTERN TAILORING, 64 Wellington St.

Phone Gerrard 5476

Tel. "Jamaco" London. A. C. DISS

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

HONGKONG

C/o CAMPBELL LATHAM & CO.

TAILORS

59, Conduit Straet, LONDON, W.1.

For over ten years we have been engaged in the manufacture of DOOD nut oil in Singapore. Our brands, the "Coconut Tros" *Elephant," and "Star," are renowned for their excellent standard, test results, and clarity, and are free from imparity or adulteration. These products are already known in China and abroad and it is to facilitate our esteemed patrons that we take pisseurs in announcing that Masara, GOH GUAN HIN of No. 64, Bombam Strand West Hongkong,

have been appointed our solo agents in Hongkong.

THE HO HONG OIL MILLS, LTD., SINGAPORE.

b.1.11 #10

G. FALCONER & CO. (HONGKONG) LTD

WATCHMAKERS & JEWELLERS 'DIAMOND MERCHANTS

UNION BUILDING (OPPOSITE G.RO)

Agents for:-ADMIRALTY CHARTS.

ROSS'S BINOCULARS and TELESCOPES, KELVIN'S NAUTICAL INSTRUMENTS," ENGLISH SILVERWARE, direct from Manufacturers, High Class English Jewellery,