1924-12-20 — Page 2

Page

HONGKONG & SHANGHAI

BANKING CORPORATION,

HEAD OFFICE: HONGKONG,

AUTHORISED CAPITAL.............. $50,000,000 INUED AND FULLY PAID UP $20 000,000 RESERVE FUNDS!-

STERLING... £4,500,000 SILVER.............. $25,500,000 ROSIRVE LIABILITY OF

PROPRIETORA.)

$20,000,000

COURT OF DIEBUTORS: " - W. L. Patienden, Faq –Chairman, 19 H.P. White, Yaq-Deputy Chalma

A.O. Lang, Ba

B.D. P. Faith, q

W. E. Bell, Eag

AEL Compton, Baju

Hon. Mr.PH. Holyónk

7. A. Flamer, g

T. G. Well, Xaq,

G. M. Young, Baq,

Chief Manager

A. H. BARLOW, Esq.

Manager: Shanghal-G.H.STTTT, Esq.

London Baskers: 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.

THE BANK OF EAST ASIA. LIMITED,

HRAD OPTION 1

We, 10, Des Voeur Boud, Central. Established 1919.

| AʊROLDES CAPITAL, muss..$10,000,000,00 PAID-UP CAPTIAN (nem 85,000,000.00 EMEENTE, FUElymuomme $750,000,00

Every descriptios of Sasking and Ezabanga bra stunned." Loans, druzind on ma proved mesriides,

Intereni allowed on Ollermo Deponi Anconat At the rate of Twa jer out, per nexus on dating Zaconus pour par mant, DAT MARI, and in Fixed Depoutta sk the following Yator 1

For months at the fate of 3X DOT ARBEM- Por Cončka a) the inks of 4%, por naman For 13 months së the rake DE ST par saveza?

KAN TONG PO,

Chief Manager. Hongkong, Maręli šta 1921

NEDERLANDSCHE HANDEL MAATSCHAPPIJ.

(NRTEDERLANDE TRiding Boorner)

BANK

روزا

ESTABLISSEN 1934 Homexend Eaton Establisko 1806.

Pa-Ep Capitas.... 80,000,000 € 6,885,670 "Authorimed Capital G. 180,000,000 £12,500,000

Reserve Fund...-G. 20.045,081 2 1,470,419 Special Reservm...C.” 22,560,000 £ -1,898,980

HEAD OFFICE:—Anɔakardana, EASTERN HEAD OFFICE :--Batavis,

BRANCHES :

E business of the above Bank in Bandjermsala". Bandong

conducted by the HONGKONG || Celvitta:

TE

Cheribon

AND SHANGHAI BANKING COR

Data

The Hague

Kota-Bache

Makama

Bombay Djember Kabe Medan

Padang

Palembang

Paulorges

Prank

Pantiana

Rangoon

Potterdam

Batarang

Shanghai

Bingapore

Tegal

PORATION. Eales may be obtained on application.

INTEREST on deposita la allowed on the minimum monthly balances, at

3 PER CENT: por annum.

For the ToraxoNG & SHANGHAI

BAL. IN COFORATION,

R. BARLOW,

Hongkong, May 5, 1924.

Oblof Manage.

i

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA

INCORPORATED HY ROYAL CHÁRTY:

1853

HEAD OFFICE LONDON.

"Pald:ap”Capital"

Rare Fund -- Basares Liability of

£8,000;0CW" £3,900,001

Proprietors £2,000,000

FOREIGN EXOHANGW aas General

· Banking bualnoa, İzsanseted. !

CURRENT ACCOUNTS opened and FIXED DEPOSITS receivad, lor 1 year.

shorter parlöda að ratae which will be quoted on application.

A. H. FERGUSON, Mazagar

Kongkong, May 8, 1938.

·BANQUE DE L'INDO-CHINE.

HEAD OFFICE:

08, Foulevard Haussmano, Paris.

... Fr. 72,000,000.00 ...Fr. 63,400,000.00 Fr. 59,567,988.54 BRANCHES Hongkong Mangsa

Subcribed Capital Paid-Up Capital Reserve Funda...

Bangkok Battambang

Nonmos

Balgon 41 Shanghai Singapore Tantalu

Ceston

Djibouti Haiphong

Papeete

Poring

Tournam

Haikow

Phim Penh

Yunnano

Hanal

Pondicherry BANKERS..

IN FRANCE: Comptoir National d'Escompt

Boersbala Boerakarta (Belo).

Tatjan Weltevreden

LONDON BANKERS:- Nation' Provincial' Banic Lad Corresponu vote all over the world,

BANKING BUSINESS OF EVERY DESCRIPTION,

W. E GROSKAMP,

Agent.

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)

6, Chater Road Victoria, Hongkong. HEAD OFFICE: 74 Rua Bt. Lanaro, Paris.

Subscribed Capital fully

paid-up. Fr. 10,000,000 Bogorre Fund. Fr. 10,300,000

Working fand provided by.. THE BANQUE INDUSTRIELLE DE CHINE Fr. 50,000,000,

· BANKERS:

0

Paris Societe Generale, Banque Nationals de Credit. Banque de Paris et des Pays-Bas London: Midland Bank, Ltd, New York: Irving Bank Columbla Trust Co.

14

Every description of Banking & Exchange Basin tranacted Correspondents through out the world.

M, FITZ-HENRY,

Manager.

10th November 1924.

de Paris; Credit Lyonnais, Banque de Paris THE BANK OF TAIWAN, LTD.,

dow Pay-Bas; Credit Industriel et Commercial Societe Generale.

IN LONDON: The National Provincial & Union Bank of England, Ltd.; Comptoir, National d'Eacompte de Paria; Credit Lysanle

IN NAW YORK: J. P. Morgan & Co. French American Banking Corporation; Gusaly Trust Co. of New York.

Interset allowed on. Current Accounie and Fixed Deposita sooonding to arrangem

Every description of Banking and Krchange Business transacted,

A. LECOT,

Manager

Hongkong, March 20, 3924."-

THE MERCANTILE BANK OF

INDIA, LTD.

DEAD OFFICE:

16, Gracechurch Attari, Logica. E. U. 3.

Authorised Capital'

Methacribed Capital

Taid-up Capital

Reserve Fund...

ALI

***

£3,000,000 1,800,000 $1,050,000 1,250,000

DANKEBA: The lank of England & Midland Bank. Lld, BANCHES:

Kina In Bacon Madras

#haughs Bingapore Losis (Mauritius)

Sourabaya

Bangkok Gazia

Malavis

Dulezite Sandy

Kots ELLER

Dombo Karachi

Lenachod.

New York

HONGBONG BRANCH

very description of Backing and Exchange best. INTEREST Niewol on Current Accostat por per sarum on Daily Balance and on Pd be glast rates that may be ascertaluod an 'uppitensions-

S, C. WILSON, *

7, Queen's Road Omtral, Elwngkong, October 1, 19

THE YOKOHAMA SPECIF BANK LTD.

SÖVÄRLWIND 1880,

MarMax (fullyʻpuli up) -'Yan 100,000,00€ *~** 77,500,000

JI

Heat Curios ›—YOKOHAMA-

PADRESU ANT KRONER A

(Daley)

Nowchwang

New York

Genka

Peking

Rangoon Rio de Janel?:

Bas Za Seattle thanks.

Shimon.can. Mingo "Derby!

Byther

Timeles

Train Eng

%

(Taiwan Ginko.)

Incorporated by Species Impactal @barber, 1999.

Cápfial Bučna:fbad.... 80,000,000 Ospital (Paid-op), Yan 53,600,000 Xuggy Fund ... 17,980,000

THE CHINA MAIL.

COMMERCE

INSURANCE DECISIÓN,

•

BRITISH TRADE LOSSES AT

" SMYRNA. (Reuter's Service.);

AND FINANCE.

little improvement in selection as all fibre offered is quickly bought up. The tendency of prices is firmer.

P Yarns,

expected to be placed in quantity until these shipments have been effected, Some fair orders for. various markets have been arranged during the past fort- night for Plain Coloured and Novelty fabrics; the latter having met with considerable success,

EXCHANGE.

Hongkong December 19, 1914,

No new feature has developed during past two weeks. Though London, December 19. - demand has been slow, spinners are not anxious sellers. They are After a hearing of twelve days still well supplied with orders, and Justice Rowlett in the Commer-till a more definite state of matters On London cial Court gave judgment for the defendant insurance companies in the Smyrna fire case, thereby holding the fire to be an act-of war excluded from insurance policies.

as regards the relative prices of Flax and yarns is established, there is no object in pushing for now business."

Weavers.

The decision will be a big blow Since our last report there have to many British traders who were been numerous small orders ruined by the "fire, for the action { placed, and alvary general enquiry. was treated as a test case for

Damasks have been asked for, claims amounting to nearly and some orders have been put £20,000,000 under Insurance through at extremely keen prices. policies with British and other companies.

P

SILK SHIPMENT.

મ

Merchants.

In the Housekeeping and Geri- eral Piece Goods there is some- what of a lull at present, to bo accounted for mainly by "end of Season" feeling.

M

The silk shipped per s.5. Pre- sident McKinley", which sailed Replacement costs are higher, from this port at 10 am. on Novem- but this is not likely to interfere ber 23, arrived at New York at 10.30 with business once buyers face the a.m. on December 16, having boonfacts on starting to replenish 22 calendar days' in transit.

11

NIPPON YUSEN KAISHA.

PRESIDENT'S SPEECH AT

MEETING:

on

The following is a summary of the speech delivered by Mr. Takeshi-Shirani, President of the Nippon Yusen Kaisha, at the shareholders' semi-annual general

at meeting held Tokyo November 28:--

The President, says the "Japan Chronicle in recommending the adoption of the report, said that the net profit for the term under review amounted to Y.1,900,000, showing an increase of Y.300,000 over that of the previous, term, and Y.800,000 over that of the corresponding term last year. Unfortunately, however, this increase was by no means indica- tive of any sign of improvement in the shipping trade, such increase being, in a great mea- sure, due to the depreciation of the yen exchange, and the tem- porary inflation of passenger traffic for the Pacific Coast of America, pending the operation of the new immigration law of the United States. The actual condition of the continued ship ping depression might be gauged by the fact that, in spite of the increase of net profit, the tonnage of cargo and the number of passengers actually handled. during the term were both, about ten per cent below the figures of the previous term.

In order to enable the Direc- tors to recommend a dividend of ten per cent., the President said, they had to propose a further in- cursion on the dividend, equalisa- tion fund to the extent of Y.1,250,000.

The President, continuing, said that the intensity of the ship- ping depression still continued unabated all the world 'over, and, although some slight sign of re- JAPAN-Tokyo, Yokohama, Koby, Osaka,covery was from time to time

HEAD OFFICE: VALPEE, FORMOSA,

Mot.

pori,

BRANCHEST

·YUNDON BATKERST

ናና

FORMORA–Man, Kagi, Karenko, whole, had not measurably risen noticeable, the situation, on the Fang, Making, Banto, Plaan, Shinshika, Telebe, Tainan, Takow, from the rock bottom of decline. Wament, Fokyan, Akɔ.

This lamentable state of affairs DELLA Shangbal, Backow, Kinkas, was, as had been repeatedly Alloy, coobow, Swalow, Dacion pointed out by his predecessor, OTHERS Bangkok, Hongkong, Sings due to the continued excess of the

Boarabays, Bacharany, Basarin, Bombay, London, world's tonnage of steam and Yook.

motor vessels over the persistent- ly dwindling volume of trade. The economic paralysis with London County Westminster and Parr's Bank. which Continental Europe con- The Bank he's Correspondents la the Commersa tinued to be afflicted, stood in the Castres is the oropene Continent, Budaya way of improvement of the cheria Talogieo, Jass, Indo-Cain, sh, India.

lippine falanets, Jara, and Dush ini, Aut world's trade. However, the im ralin America, Afilan, de,

Taternal Allowed on Current Account, and Mzed portance of the recognition by the sposta at tatas which will be quoted on applio Powers of the Dawes' plan cannot Z. YAMAMOTO, be overrated, as being so far the most hopeful means of solving the German reparations question, which has so long been blocking the way to economic reconstrue- tion. The President, while lay- ing stress on the difficulties still in store in the conduct of the Company's business, expressed his hope that, with the prospec tive gradual settlement of affairs, in Europe, trade would com- mence to revive, with the result that brighter days would once more dawn for shipping busi- ness the world over.

to

OKOLONG BRANCH,

8. Des Vortx Bood Destral; Hongkong, 5th June, 1934.

THE BANK OF CHINA: 行銀國 中

Mpaalally Awiborised by Prueldonida! Standang of Kom Repablic of China on the 2nd of November, 1817). Anthorland Capital.$80,000,000.00 Paid-up Capital .........$18,378,200.00 $ 0,229,AMM

KHAD OFFICE, TAKING,

HONGKONG, BRANCH: QUERE'S ROAD CENTRAL Branches and Bob-bemehar all DVDr China ad Cornsayoodami la Berope Amurios, and other parts of than word, 10 Loodon Markus jufta Kablowa). Provis-

sal and Union Bank of England, Lád, The "Goscioly Tron Company of May

Hair Lock Barwar in The › Irving

■MMonth Bank,

Kom - Miqužkabla «Kynch, Domsputy of Hew

IRISH LINEN.

Demand Good And Price Firm,

Writing from Belfast, under date of November 5, the Irish) Linen Society reports:

-Flax

The Irish markets have been

showed on Outrank better supplied during the past.

fortnight but have not yet reached their usual quantities. Demand has been good for all classes and prices remain firm.

On the Continent supplies, are larger and demand is good for al qualities of Flar. There is very

stocks.

The Handkerchief and Cambric trade is.good; and there is a keen demand in U.S.A., Home and Colonial markets.

The more stable political condi- tions should naturally help our trade, and now that, the Presi. dential election is out of the way, it is natural to expect that the U.S.A. will settle down to bust ess, and a steady flow of orders for our manufacturers ensue.

"}

Dress. Linens.' Recent advices from the U.S.A. indicate that Coloured Dress Linens are in steady demand. Large shipments, however, have to be made during November and December, and new business is not

|

Bank. Wirg...

"

On demand

269/4 8:18

30 day's sight... 4 months' right 14-1 Oredita 4 montha' sight .....3/% Documentary, 4 months sight8/6-'} On Parts-

1080

On demand.c

***

Credits, monthy sight ..... 1130

On demand...

On New York

On demand.......

Credits: 60 days' sigh)

On Bombay--

Wire

On demand... On Jalsatte

་་

On demand.. On Bingapore

On demand. On Manila...

Od Bhanghai-

On demande

*120

On demand......

On Yokohama

On demand..

#0 days' eight (private paper)

108

100

100):

110)

..}

10m.

147) Gold Leaf, 100 fine (per taal), 48.80 Sovereigns (Bank's buying rate). 8.31 Silvar (per OE)

15

FA

8X pin.

5 X pan. 290,50 %, dia.

10% pm.

pl

BURIDIKRY QUINN. Hongkong, 50 omale sub,

10 " Canton colas Bar Silver in Hongkong Chinese Copper Cash Chinese Copper Conte Rate of Attire Interest Chinese Bab. Cola Hongkong Suh, Coin. par.

BA

6 pm.

+40% dis

Helps Those - Hard Coughs, į. to develop into plaerisy and pneumonia, The danger of infuunza is its tendengy Atop your cold before it rosehen this danger point and for the cough and painful wheezy breathing, take Obama Serlain's Cough Remedy. It is for enla everywhere.

LOCAL SHARE "MARKET.

OFFICIAL

QUOTATIONS,

SATURDAY, DECEMBER 20, 1924.

*

GREEN ISLAND CEMENT CO., LTD.

BEST PORTLAND CEMENT

SHEWAN, TOMES Co.,

General Manageri.

HONGKONG.

MOTOR TRUCKING

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

1-ton Speed Wagons 8-ton Lorries

·

84.50 per hour. @ $8.50 Waiting at" Half Rates.

ESTIMATES GIVEN

WE SOLICIT YOUR ENQUIRIES. THE HONGKONG MOTOR TRANSPORTATION CO., LTD.

28, Des Voeux Road, Central. Phone Central 1913.

P. O. Bez 645,

Standard of the World

CARBO-LASTIC

Semi-Liquid Asbestos Roofing

STOPS LEAKS IN ANY ROOF. PRESERVES NEW ROOFS. REBUILDS OLD WORN-OUT ROOFS,

WATERPROOFS FOUNDATIONS.

ADEQUATELY GUARANTEED.

AGENTS'*****

DECEMBER 19. Name

Rok

II AM

Stock Exchange.

DECEMBER 19. Sharebrokers' Asociation.

DODWELL &"00., LTD.

MACHINERY DEPARTMENT.

... 8/48

ZUM

and on 8h ankhai Hongkong Banks 1175 b.

... $72

979-1/4

London-2139 b..

b. 1370

Chartered Bank

-

*

exo b. £112.

b.

20:1/1

b.

100

H.S.B.C. T.T. on salling rate

London

.

F. & O. Bank

East Asia Bank Mercantile Bank & B 2981 b.

Maria's Inverance

Canton IngsTAMODA* **** North Cedar Insurance Unioparan00***

Fangtare

Far Eastárs Pies IKESTRZONE

0 121

b. ** A* 2581

b. 740

730 n.

140 m.

140

$317 b..

1. 354

421 n. 1.80 1.

KAIPING HOUSEHOLD COAL

■. 2.10 BA, 1.45

In Lota of not less than 1-ton -

# 180 b.

$ ̈89$ ̄b.

180 695

Delivered to Peak District (above Bowen Road)

K

321.00 per ton $20.00 $19,00

21

59 a.

4. K

$80.

a. 33.60 mm. 25/36

$ 58 a.

1. 98

120 m.

171 a

મ

130

***

b. 85/-

... $15 #

138

Chine Fire Insurance Hongkong Fire Indurance... Shipping

Dongisves...

B.K. Steamboats. Indo Chicas (Prof.

do. (Ded.))~

do. (H.E. Rog.)...

Sball Transporta

Star Ferries.

85. b.

b. 1.70

n. 255

Hongkong Tugs and Lighter. $1.80 n. Oriental Nar. Co.

$255 3.

Redneries

China Soger wining

Malibon bugar

Shanghal LoaDE

6'hal Explorations... ♬ 35.85 b.

Single Langkats

Baube

894b.

เ TH

183 0.

b. 90

Kalan Mining Admn, *** Langkate... ... 1 Comb. #42 b.

-90) 6.

08.

***

b. # 6-1 b.

b. gi

11. 190

K6/- 0.

P.2:80

8217 b. #143 6. 140/L 50; 100%

T 1061 b.

b. 16

b. 217-19 22, #16)

b. 749 sa.

b. 109

H

T7.60 b.

$206

.D. 7.60

Tronoh Mines

Ural Casp

ww

Wh

Benguet Con...

+

Dock, Wharres, Godowns, do

H. &W, Deck an B. & K. Wharfs

Shal Docks

F

New Engineerings... H. K. Engineerings. Shanghai Hongkowa k Lands, Hotels & Buildings.

H.5. Shal Hotpis #19) b./19 a. Now - 18-1/% m?” (d. ♬ m. 19×174 New=i. 18) | HK.. Developmenta China Baser Me

*** *

90-ota..

Hongkong Lands...

$106.8.

Humphrey Estates para - $71) b. 133 m.

IN

5.00 Conta

b. 107 p. 101/2

- mar 160

8180 b

**

11,80 € -$10 b.

Tis 11,90 b. 12 na.

b.11.80

T.80 b.

£ 60 a. Nàw #31

. 60'New 33

Kowloon Lands Iand Reclamations Princes Building... H.R. Ferritorial Cotton Mill.

Hural Lande...

Ewo Cotton Mills, Ltd.". Kung Yiks

મન Laou Kung Mowkins Orientalskog po

* Bhangbal Cotton sis Yangterspoon. Micellaneous,

Coment

$10) b. Now of bi Cementa "Combined" #15) s. Obles Borneos Chion Links (Old)

H

$18 b.

do (New) $10-1/4 b das Comb. 28] Chow Propioni a1 a. Neu nhi Providenta Combined, an #32-15 M Delry Farred mo HE. Electrios.41) 8.-

,38 1. Hongkong and Canton Econom Hoogkong Rope... ..... 191 n. How 10% n Kepes Cominek Day 888 NOT Hongkong Tramwaysms. 8. 511 m. Peak Tramwayaw (Old). U-20 6+ -

Do.

(Bow)... 142-1/2 68.

Steam Latodries HK Stool Foundry Water-boston. Watoon's Einempère Trans

Lasa Crawforth

EL.K. Constzootioa Kanyang Tobacco.

-

tin. New 12

by: $18.30 2

• 1948 a.

10.

(Combi ́a. 16).sn. 25);.60)

(Nav n. 104 Cómh.b 121 a za *Ch 157 Now a 4.35 (ha 35/7873!

a 19 Now It's

107

4

Bowen Boad and Lower Levels Kowloon Orders should be sent in writing at least 24 hours, before the Cool is required. All orders must be accompanied by cali, Cheque, or Compradore Order

payable to THE KAILAN MINING DMINISTRATION,"

THE KAILAN MINING ADMINISTRATION HEAD OFFICE: TIENTSIN. DODWELL & 00., CED., Agents, Hongkong."

Phone Gerrard 5476

Tel. "Jamaco" London.

A. C. DISS

(Late of Dras BROS, & MACKINTOSH, LTD)

HONGKONG

C/o. CAMPBELL LATHAM & CO..

TAILORS

59, Conduit Street, LONDON, W/1,

For over ten years we have been engaged in the maufacture of eccomend oil in Singapore. Dar brands, the "Cocosnat Tree."" "Elephant." and "Star" are renowned for their excellent standard,

· best redilim, and clarity, and are free from imparity or adulteration. These products are already known in China sud abroad and it is to facilitate our costomed patrons that we take pleasure in announcing that

Mosora, GOH GUAN HIN of No. 64, Bonham Strand West - Hongkong. have been appointed our sole agents in Hongkong."

THE HO HONG OIL MILLS, LTD., SINGAPORE.

G. FALCONER & CO. (HONGKONG) LTD

ATOKNÄKTES & JEWELLERS

DIAMOND MEROHANTS

LESCOPES; RUMENTS

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