1924-12-24 — Page 2

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HONGKONG & SHANGHAI

BANKING CORPORATION,"

HEAD, OFFICE: HONGKONG,

AUTHORISED CAPITAL...

$50,000,000 ISSUED AND FULLY PAIÐ ÚT $20 000,000 RESERVE FUNDS,

STERLING... £4,860,000 SILVER...... $28,800,000 RESERVE LIABILITY OF $20,000,000

PROPRIETORS.....mad.

COURT OF DIRECTORA: W. L. Pattenden, Esq--Chairman H. P. White, Esq.-Dopaty Ohalimua.

A. Q. Lang, Beq.__

B. D. F. Baith, H..

W. E. Bell, Ex

A. H. Compton, Y.

J. A. Flammer, Esq

T. G. Weil, Esq.

Hon.Mr.F.H. Holyoak, G. M. Young, Eaq,

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 suoted on application.

Hongkong. 25th November, 1924.

HONGKONG. SAVINGS BANK.

THE business of the above Bank

THE BANK OF EAST ASIA, LIMITED,

HEAD OFFICE:

No. 10, Des Voeur Boad, Central,

( Established 1919. AUTERTED CAPITAL,.......................... $10,000,000,00 PAID UP CAPITAL, $6,000,000,00 RainYE FUND, $750,000.00

description of Banking

moved seturitian

Branted on lateret showed on Curren: Dupont Amos at the rela of Two per cent, per autu on Saving Avonte Four per seat, per Ananse, and of Fld Deposits at the following rates i

armonia at ide rate of 5% par samum Voz @mnatha at the ra54 DE AŽ DOT KEMALJE. For 15 months at the rate of 5% per annum. KAN TONG PO,

Chisl Manager.. Kong, March Jih 1011.

NEDERLANDSCHE HANDEL MAATSCHAPPIJ

(NHTICISLANDS Trading BocinzeĄ)

BANK

ESTA 1824. Homaroma BRINON ESTABLISHED 1906.,

Adibored Capital G. 150,000,000 £12,500,000 Pald-Up Caplial G, 80,000,000 £ 6,586,870 Rmery Fund, 20,045,089 1,670,419 Special Reserves..., 22,280,000 £ 1,898,830

HEAD OFFICE !--- Amsterdam...... EASTERN HEAD OFFICE --Batavia, BRANCHES ›—

Bombay Cheriban Djember

Bandera Bandoeng Clautta

conducted by the HONGKONG AND SHANGHAI BANKING COR jakarta

"PORATION. Rules may be obtained

on application.

Kota-Radje padang

Penang INTEREST on deposits is allowed on Rottardand the minimum monthly balances.Blogspo

3 PER CENT par sanam.

For the Toraxone & Buangha!

"..

BAN IND CORPORATION, ...H. BARLOW,

Hongkong, May 5, 1921.

Chief Manager,

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA

INCORPORATED BY ROYAL CHARTE

1863

HEAD OFFICE LONDON, LONDON

Paid-up Capital

£3,000,00

Beer Fund

£3,900,00-

Bmurva Lloběšity o

.. £3,000,00

Propritor

FOREIGN EXCHANGE "BU Gegeral Banking business transacted.

CURRENT ACCOUNTS opened and FIXED DEPOSITE received for 1 year or shorter periods at rates which will be quoied on application.

A. H. FERGUSON, " Maneger

Kongtong, May 4, 1991.

BANQUE DE L'INDO-CHINI

HEAD OFFICE:

96, Ponlevard Baumann, Paria: « Subscribe Capital... Fr. 72,000,000,00 Pald-Up Capital .... Fr. 68,400,000.00 Besarte Funds...

Pra 69,667,289.64 BRANCHES Hongkong Mangtse

Bangkok

Caption

Battambang

Dilbonti

Haiphong

Hinkow

Hanoi

Salgan Shanghai Singapore Tintain

Nomzey Fapoeta

Poking

Toa

Paom-Pent

Yuanafu

Pondicherry BANKERS

INFRANCE: Comptoir National d'Excommps

||

Tagsi

The Hague Kobe Makamar Medan

Palembang, Pecalongau Pontianak Rangoon

Bemarang Shanghai

THE CHINA MAIL.

COMMERCE AND FINANCE.

NAM PAK HONG PRICES.

FLOUR AND SUGAR MARKETS.

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

No. 18 rough brown... Flour, per sack of 50 lbs. : "XXX"

Java Sugar, per picul het:- No. 24 rough white...$.9.96 10.60 No. 24 fine white

9.95

"White Greens" "Kingfisher"

*$4,10 3,55 3.50

41

MANCHESTER REPORT.

Favourable Reports Of American

Colton."

Under date of November 12,1 Messrs. James F., Hutton & Co.. Ltd., of Manchester, write:-

"

EXCHANGE,

Hongkong. December 24, 1934. Londun

Dant, Wira...

14

On demand

"... 30 day's sight...

M

...3/4-

**2/6-3-10

..

4 months' sight 9/4-1 Oradita 4 months” sight ...3/5 Documentary, 4 months sight 2/6-4

Parla

..On demand...

Oredits mouth sighs Ou domand ... On New York-

On demand

Credits, 60 days' right On Bombay-

Wire

miscellaneous with nothing of a substantial character about it: Production is certainly overtaking sales for the present, but so far this has not led to any weakening of spinner's or maker's prices. These remain firm and were gen-On erally advanced in gympathy with the rise in the raw material. Yarn prices are practically unchanged. All the India buying centres are quiet at present, which is an un- usual feature: only odd lots of whites and dhooties have been söld but there is also a small enquiry for light goods and fancies. From China there is only occasional business in greys and whites. Java and Singapore have con- tributed small miscellaneous lots. For Egypt and the Near East the recent improvement in buying has now died down again. For South America and the Afrienn markets business has been fair.

On domand on aloutta-

Wire

On demand

On Singapore

On demand... On Manila-

On demand... On Shanghai-

1016

1126

188

H

1001

110

nom.

On demand... sử me 30 days' aight (private paper) Du Yokohama→→

Op demand...

143+ Gold Leal, 100 fino (por tsel) 48.80 Sovereigns (Bank's buying rate) 8.31 Bilvor (per oz)

SUBSIDIARY DOING Hongkong 60 cents ent.

**

10 B

6% pra.

par $ % pm. Canton solus.

...$61.50%, dis. Bar Silver in Hoogkong...11% pm. ...10% pm. Class Opper Cash...

6% pm. Chinese Copper Cente... Rate of Native Interest Chinese Bub. Coin,

...261% dis. par. Hongkong Suh, Cola -

-

Bone and bamboo are the raw materials for the manufacture of Another Bureau report on the mah Jongg sets. Japanese bone American crop, as on November 1, is largely used in Nanking fac- has been issued during the week, torica. This imported bone has As was generally anticipated both been treated with chemicals, and the condition and total yield is serviceable on account of its figures shewed increases and the white colour, fine texture, and report had no effect on cotton smooth surface. The price on values. The crop is now estimated the Shanghai market is $25 to at 12,816,000 bales, which is an $26 a picul for the round shin- Boerahata Boerakarta (Holo) increase of 141,000 bales over the bone and $17 to $18 a picul for Tietjas Weltevreden estiriate issued a fortnight ago, the flat shinbone. Chinese bones The total ginned up to October 31 are seldom used, because they are is stated to be 9:696,000, bales. yellow in colour, coarse in grain, Prices shewed a tendency to and have a rough surface and a decline in the early part of the bad smell. They are sold in week, but a good deal of trade and Nanking at $17 a picul for the outside buying in America, on the high quality, and $11 to $12 a view that general business "prospicul for the low quality. Bam- pects are brighter, hus later boo is imported into Nanking caused a reversal of sentiment. from Anhwei and Chekiang pro-jaw or blood poison resulting from a This movement

to be seems

vinces. The price of a thick mainly of a speculative character bamboo cane

at Nanking is 80 and has affected many commodi- ties, but at the same time there cents, and a slender bamboo cane 10 cents to 50 cents. Thick appears to be some solid ground i for the view that is at the root of canes are less brittle, therefore it. It has to be recognised in fact preferable,

LONDON BANKERS: Nation Provincial Bank Ltd. Oorrepost all over the world.

PANKING BUSINESS OF EVERY DESCRIPTION.

W. EL, GROSKAMP,

Agent..

Hongkong, Noreiber 4, 1924.

司公理營業實法中

SOCIETE FRANCAISE DE

GERANCE

DE LA BANQUE INDUSTRIELLE DĚ CHINE.

ETABLISSEMENT FRANCO

CHINOIS.

(Incorporated in France)

A

5. Chater Road Victoria, Hongkong:

HEAD OFFICE : 74 Bas St. Lazare, Paris,

Subscribed Capital fully

paid-up. Fr. 10,000,000 Reserve Fund

Fr. 10,800,000.

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

Thi

BANKERS:

Paria: Bociete Generale, Banque Nationaled Credit. Bauque de Paris et den Pays-Bas, London: Midland Back, Ltd.

New York: Irving Bank Columbia Trust

Every description of Banking & Exchange Business transacted. Correspondents through-

M, FITZ-HENRY,

Manager.

out the world.

10th November 1924.

that this is an influence likely to lend support to values in the future. Egyptian catton prices] have been forced up to a new high level by much buying, spot being quoted 26.85 on the 8th inst. This level has not been maintained, however. as speculators have |shewn more readiness to realise. In the Manchester' market there has been no improvement in the demand for yarn or cloth. Most of the markets appear to be hold- ing off for the time being except for occasional buyers who are apparently satisfied as to the stability of present prices. Apart from this, enquiry has been very limited and the turnover small. | Both spinners and manufacturers have, however, fair engagements in hand and quotations exhibit no weakness. Spinners of American cotton, indeed, seem disposed to further increase working hours

de Paris: Credit Lyonnais, Banque de Faris THE BANK OF TAIWAN, LTD., from the beginning of next month,

des Pays-Bas; Credit Innosiriel et Commercial Bociete Generale

"IN LONDON: The National Provincial & Union Bank of England, Lad.; Comptoir National d'Escompte de Paris; Credis Dyganise IN NEW YORK : J. P. Morgen, à Câ reach American Banklag Corporation Guaranty Tran Co. of New York.

· Intament allowed on Curreni Acenunta sad Fixed Deposits according to arrangem Kİ.

Every description of Barking and Exchange Basizes transacted.

A LECOT,

Manager

Hongkong, March 20, 1974, ***

THE MERCANTILE BANK OF

INDIA, LTD.

A

HEAD OFFICE:

Authorised Capa!

16, Urarchisch Btreet, London, E. C..

£3,000,000

54

1,300,000

474

1,050,000 1,260,000

Bobecribed Capital

Paid-up Capital

Easerte Fund...

A

“Bangkok UnÜR

Balavin Bungong

M

'BANKEES:

The Rank of England & Midland Bank, Ltd. BRANCHER:

Compur Flagi pu Duter

Shangh Mala New York

Mingapor ressur Port Louis (Mauri

bourabaya

HOWIRD

Calonia Ksady Calamba Warohi

Kota Bhar

المنوف

|

(Taiwan Ginko.)

Lacorporated by Special Imperial Chaflar, 1998.

Capital Inčanelbad....In 60,000,000 Capital (Paid-op), ....Yen 82,500,000

· Battery Fiend "

HEAD OFFIOR: VAIPER, FORMOSA.

BRANCH SY

• է:

JAPAN-Tokyo, Yokohama, Koby, Oasis,

Mojl. FORMOBA-GA, Kag), Karkuko, K.

fing, Hakung, Nanto, Pin, Baluchika, Talaha, Tainse, Takow, Watant, Tobypa, Ako. UHINA-Shanghal, Hankow, Ticking,

Amoy, Poochow, Bwalow, Caulon OTHERS Bangkok, Hongkong, Bings- pori, Bournkeys, Bemersag, Batavia, Bombay, London, Naw Tork.

LONDON BANKERS? London County Westminster and Pary's Bank,

The Bank has Correspondents in the Commers Centres in the European Contaeel, Bass, M churia Tangao, Japan, Indo-Calca. Bla, India, Philepine fainnge, TATA, and Dutch india, Au zalla, America, Afile, &c.

Interest Allowed an Cerent. Aceannt, and Fixed Deposits at rates which will be quoted on appiles

Z. YAMAMOTO,

HONGKONG DRanch, Every description of Braking and Exchange baal· tion,

som trinated,

INTEREST allowed a Garten: Acoot at per anal, per annum des Daily Balanco, and an Fixed De

oiletries that any de acertained on application, HONGKONG. BRANCH,

17, Queet's Bond Golzai, n Monchong, October 1, 1995.

K.O, WILSON,

Мат

THE YOKOHAMA SPECIE

BANK LTD,

TABLE 1880,

Marwan (taly' paři up) ----Ton 100,000,000 Bogazyn Furn

Esa 77,500,000

'Mian 'Orrios 1-YOKOHAMA,

BRANIM ANGABESOINSTALA

Batavis

Bombay Buson Agros

Mbengsken Dalves (Delay)

ghian (Mulaoe}

Kowsawang

New York

Canka

Peking Rangoon

· Rio de Janeir

Balgon

Ba Transf

* Boattle

Shanghai

Bimanow

Blagapor

Bowrahoys

Brdy

Viadruskonn

allowed on. Carazzi Apocs não zoonbred for Hand perfodé es 2010

(L'ARTMA,

17th Oct., 1954.

#Dan Vœux Road Central, Hongkong, 6th June, 1921.

THE BANK OF CHINA. 行銀國中

and a ballot is to be taken to decide whether this shall be done. Manu- facturers, whose deliveries were getting behind owing to the yarn shortage, will probably be enabled to make up the leeway during the present quiet period. Yarn prices are advanced 4d, to d. per 1b. for coarse counts, and d. to 1d. per . for fine courts. . Indin enquiry has not "shewn any development the only business done being in bleaching dhooties and whites. China enquiries have been very few. The Near Eastern markets have provided the most active demand.

MANCHESTER. MARKET,

Messrs. James F. Hutton & Co., Ltd., of Manchester, under date of November 19, write:-

The

upward movement of American cotton prices has been continued, mainly as a result of trade and speculative further operations in the United States. Reports from that side record a steady improvement in the textile" industry, and they have been con- firmed by the actual consumption of cotton for last month This was 533,000 bales, which is very near to the high monthly rate of recent years. It compares with takings of 435,000 bales in September. At Liverpool trading

(Sphalally Aushortsid by Prjeldanhas not beer brisk but an active

Mandala of the Rapublic of Chips on the Had of Moygraber, 191779 Anthorised Osolbał ..... #00,000,000.08- Taldap Capital #18 378,200,00 #sumuras) 0,039,438.34

READ OFFICE: PENDIG.

HONGKONG BRANCH;. QUIER'S BOAD GENTRAN, Branches and. Sab-branches, all Chine and Corrspondents in Burpo Amarine, and osbar parte of the world, London Baskar-The Kalonal Frovia I and Union Bank of Zagland, Zia. The Garmoly. Frost „Company of

York.

stal and

York Bialnej

trade enquiry helped to swell the bullish sentiment and lift values about 30 points over laat week's close, in the middle of the week. That level has induced some liquidation and it has not been maintained. Prices show no`radi- cal weakness, however, and an increase of American spinners hours here to 39 per week, would of course be a factor of additional strength in conjunction with the consumption. larger American

The National Ginners Association have published an unexpectedly Irving low_crap_estimate of 12,540,000 bales. In the Egyptian section

The iquitable Frass Coupsary of business has been quiet but prices

Indartel allowed on Chuivind Ass and Tixhi Dyposis. Tomas on applión

Ensestation of Banking Bum kramundan er

remala comparatively stendy and the heavy premium over American futures is well sustained. In the Manchester market there has been little change in conditions. The demand for yarn and cloth bas no tangible signs of developing on a more active scale. Enquiry has been patchy and very

fantiles for Home Bebeshewn

TSUYEN-PEL

L

The Richmond," Surrey, "Drill Hall bazaar in aid of Dr. Barnardo's Townshend, aged 8. who was re Homes was opened by Marquis ceived by the mayoress, Miss Betty Hewitt, aged 12.

An Antiseptia Wniment: There is no danger halover from lock. round when Chamberlain's Pain Balm is promptly applied. It is antiseptic and destroys the germs which cause these diseases. It also causes wounds to hes without maturation and in one. third the time required by the usual treatment. For sain everywhere.

LOCAL SHARE MARKET.

OFFICIAL QUOTATIONS.

II AM

Byck Exchaos".

2/4"

DECEMBER 24. Namss

ak 9.8.B.C. T.T. on selling rate

London

and on Pb anghai-

*** $73-28 Hongkong Banks 1180 6. London-£139 b.

Chartered Bank...

P. O. Bank...

East Asia Bank

Mercantile Bank AB £8 b.

do,

*£11) b

£ 30 b. e il n. Sico b.

:.. $40 b.

Marine Insurances

Canton Insurance..... North Chica Insurance Union Insurance a, p Insurance Yangtze China Undirs Far Easterns ..... Fire lastTENGOS

Chins Fire Insurance,..." + Hongkong Fire Insuranco... Shipping

ww

++

Donglanes... H.R. Steamboats... Indo Chinas (Pref.

do. (Def.))

(B.K. Reg.) din. Shell Transporte Star Ferries

Frogkong Tags And Lighter #1 FO Oriental Nav. Co. enneries

'king Sugar

Malabon Sugar Mining

DECEMBER 194. Sharebrokers' Association. '

$13.318

b. 1170

b.

£80-1/3

b. 100

b. ***** £98)

b. "0" 12.

b. 740

WEDNESDAY, DECEMBER

1924.

GREEN ISLAND CEMENT CO., LTD.

BEST PORTLAND CEMENT

SHEWAN, TOMES & Co.,

General Manager,

HONGKONG."

MOTOR TRUCKING Our Fleet of Fast, New and Up-to-date Lorries assure you a rapid and eficient service at Minimum Rates.

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, Consral.

Phone Central, 1913'

P. O, Box 845,

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.

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

REASONABLE AFTEN, 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.

725 b. 740 88. $140.

140

Met.

n. 151

b. 58.

1.80 h.

b. & ss. 2

# 180 h.

b.

181

896 b.

695

$ 59.8.

30 a.

b. 36)

36.

38

$ 120 n.

18 a

b.

130

85 b.

b. 85/

$130.

b. 130

1.70

... 105 b.

D. 166

b. 92

41 n.

a. f8

Comb, #:21 b

b. 22 8-13h." D. 5-1/2

-Phone Gerrard 5476

3.3 a

2. 6.

1.90

b 15-

P. 1.80 n.

"

3H

211

$148-1/2 b.

b. 149

*

T 107 b.

b. 105

170 bị

12d8 b.

Kalian Mining Adm.... Langkats... Stronghai

Loans 8'bal Explorations...) 25.

$10 b. Single Langkate Reube

*F*

Tronoh Mines

Ural Casp.

Benznet Con của

+

$

Cooks, Wharvon, Godowns, &e.

B. & K. Wharfa ......

H. &W. Doch..........

hal Docks

New Engineeringe...

A. K. Engineerings.

***

Shanghai Pongkowa **** *** Lands, Hotels & Buildiura,

R.K. & Shal Hotale #186 b. 18fan. New-18's H.K. Developmenta .... 90 eta 1. Chins Buses ******

$10) m. ... $208 b. Hongkong Lands ...

$21-1/2. b. 17 an Humphreys Estaten... Bowloon Lands Land Heclamationa Princos Building ..... H.K. Territorials... Hural Lands... Getton Mills,

મં

Ewo Cotton Mills, Ltd.... Kang Yiks Labu Kung

Orientale...

Shanghat Cotton...

Yangterapoos... Miscellaneous,

.... $150 b, $9.80 8. $10 b.

1. 7.60

(p. 184/29 New-b. 17-12-

# 90 Cente

11081

b. 21

11. 150

b. 18

**

73.80 b.

b. 34

H

** ***

T 60 n. Now (52 n.

ni 60 New ́23 not

(b 17! New b. 7 (Dom. 6. 371

1.17

-

Cements #18 b. New dj b. Cements "Combined' #20.10 b. de #ai Chine-Boppos Chiza Lights (Old)

$17-1/2 b. do (New) $10-1/2 b. Comb. 251 b. Chine Providenta $16-1/2 . Now of n Providents Combined

#53 11.

$14 b.

Dairy Farmer H.K. Electrica

*

Macao do. son' Hongkong and Canton loos

Hongkong Bope... 10 n. New 104 a. Hopes Combined. im

Hougtong TramWATS

-I

(Wew b, 10,60 Conch, b 94-1/7 # 95† na 15

⚫(b 15.85 Nowɑb 6°

Comb. b. st

B. 19 Now 11 a

n. ts

11-1/2 n.

181.b.

9.21 n. Now 1) n.

24 New n

Peak Tramwayaw(Old)........ ... $ 20.

Do

(New) Steam Laundries A., Stool Foundry ... Water-bosta Watson's Singapore Wm. Powells... * Lane, Orawfords .... Canton Loodan, R.K. Construction Wazyang Tobacco Sinceres *** Mackintosh.

B. Really HK. Tazka Der &. Wing fully pali part Do Dald United Abestos (Founders)

3 15 3. $18.00. 5.8

194

(Ordinary) #20'.

7.70

6. 11-172

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

(Late of Diss 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 manufacture of socorant oil in Singapore. Our brands, the "Coconut Tree," *Elephant" and "Star" are renowned for their excelle standard, test results, and clarity, and kee free from impurity or adulteration. These products is already known in China and abroad and it is to facilitate our stocked pairous that we take pleasure in announcing that Masura, GOH GUAN HIN of No. 64, Bonham Strand West Hongkong,

have been appointed our "sole, agents in Hongkong,

THI HỌ HONG OIL MILLE LTD, SINGAPORE

C. FALCONER & CO. (HONGKONG) LTD

WATCHMAKERS & JEWELLERS DIAMOND MERCHANT:

JON BUILDING (OPPOSITE GRO).

Agents for ADMIRALTY CHARTS.

ROSS'S BINOCULARS and TELESCOPES KELVIN'S NAUTICAL INSTRUMENTS ENGLISH SILVERWARE, direct from MaTATI

High Class English Jewellery,

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