1925-01-02 — Page 2

TONGKONG & SHANGHAY THE BANK OF EAST ASIA,

BANKING, CORPORATION...

BRAD OFFICE: HONGEONO, AUTHORISED CAPITAL... $50,000,000 ISSUED AND FULLY PAID UP $20 300,000 RESERVE FUNDA:-

STERLING... £ 1,500,000. SILVER 825,500,000

RESERVE LIABILITY OF | 820,000,000

PROPRIETORS,ricocesses J

B.

OURT OF DIRECTORS

W. L. Pattonden, Ex-ChairmaR.

H. P. White, E-Deputy Chairman Reith E. 14.0. Fang, En

W. H. Bell, Edin

. . Compton, Lanz

I. A. Flammer, Eng

T. 4. Well, X.

Hon.Mr. P.. Holyoaki G. M. Young, Esq.

Chief Manager:

A. H. BARLOW, Esq.

Manager: Shanghai-G.H. STITT.Eag

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 180ted on application.

Hongkong, 25th November. 1924,

HONGKONG SAVINGS BANK.

business of the above Bank conducted by the HONGKONG AND SHANGHAI BANKING COR. PORATION Rules may be obtained on amplinuting.

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

3 PER CENT, por annum...

For the HoNRONG & SHÄNGUN)

BAN ING CORPORATION,

...H. BARLOW,

Chint Manageri

Hongkong May 5, 1931..

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA

INCORPORATED BY ROYAL CHART

1-63

HEAD OFFICE LONDON,

Pald op Capital £3,000,0

Pure Fan

Raat Jehillby n

Proprietors

£3.600,000

£1,000.00

POREIGN NIOHANGR Gogeral Banking,balas- transached,

CURRENT ACCOUNTS opened and FIXED DEPOSITS received for 1. Jour or shorter periode ay rate which will be. gunted on application.

A. H. FERGUSON, Macagır.

Kongkong, May 8, 1958.

BANQUE DE L'INDO-CHINI

HEAD OFFICE;

95, Eulevard Hauweruzin, Paris. Bribed itxi ...Fra, 72,00,000.0 Pald-Up Capital 2. 69,100,000.00 Peserye Funda... Fra 59,847,283.84:

BRANCHES Hongkong. Minagise

Bangkak Bunting

X-1

Djusti

P

Hulphony

Hanikow

Hanoi

Prok 1 Pom-Pen Pondicherry BANKERS,

Kolgen

Singapore *entala Tour and Yaznanst

IN FRANCE: Comptoi; Sational comp

12.

LIMITED.

HEAD OFFICE — I

No. 16, D Vosas Road, Centra Established 1919.

| Avrammiano CAPITALĄ.......................$16,000,000.0°- FAID-DE CAPITAṀq. #5,000,000,0 BARERTI FUND $788,000.0

strani teed. Every deserien et saaxing and archange Lound as Rp-

proved BOWLIKIA

At the rate of Two per sot, per anang 01 Uposite at the following rat

THE CHINA MAIL.

COMMERCE AND FINANCE.

ECONOMIC CHINA,

REVIEW OF POSITION DURING NOVEMBER,"

KAILAN OUTPUT

The total output of the Kailan As the railway via Pukou was the week ending December 18 Mining Administration's mines for not in working order, the big amounted to 97,478 tons.

Salea shipments from Shanghai of during the period were 27,962 silver dollars, which were needed tons. to finance the tobacco erop, had Chinese-American Bank of Com-cost. Quotations for groundnuts on seed oil is sold under the The Shanghat branch of the to be sent via Tsingtao at a heavy When exported from China "eot- of economic and financial con- November, yet they were still too edible, Chinese ordinary refined by merce has just issued its review at Tsingtao were lowered in grades of Chinese triple refined high to permit of business being line. Chinese soda superior refined, concluded. Price in Europe, by Chineso semi-refined; and Chinese the end of November, were crude. An allowance of one per £24 10s. tendency dull; stocks cont. variation is made in favour of there are ample, as 25,000 tons the seller, had been bought from China since the start of the present season.

HANKOW.

Interactalled se derrent Deponent Imsint. Four pat cents per annum, and on Fixditions for the month of Novem- ber. With reference to China in general and Shanghai in particu- lar the review states:

China-When compared with the preceding two months, November was a period of politi- cal rest in China. Though bare of actual results the time referred

Chief Manner.

For manshee the rate of 82 per sim For mouth at the rate of 6% pre annum' For 18 moga at the rate of 8% par amenzi. KAN TONG PO, Hengkor. Marsh sky. 1994., NEDERLANDSCHE HANDEL

· MAATSCHAPPIJ.

(NETHERLANDS TRADING SOCIETY.)

BANK.

.

BUTABLE 1834. HONGKONG BRANCH ESTABLI 1904,

EXCHANGE.

Hongkong, December 31, 1934.

Back, Wire.

+1

On demand...

...2/3 13/16

m... - nỡ ) day'a sight...

4 months" sight...4

9/4-

Credits 4 months night

Paris- Documentary, 4 months sight 4-1

On demand..

1010 Crodite,moothy sight... 1110 . On demand... On New York- On demand

On demand.

+M

+

Hankow, continues the review, to promised to bring peace and reports generally satisfactory On Loadun consolidation and entitled the business conditions. sorely tried nation to take a more oil market continued good owing The wood hopeful view of the situation. to the continuous demand from Trade conditions have certainly the United States. improved, and while imports were There was brisk' business in probably only 50 per cent. of cow hides, especially with Ger-On ahora Casita G. 180,000,000 £12,500,000mined attempt to reach the pre- from 12 per cent, to 15 per cent.

normal, exports made a

deter- many.

Prices in Hankow rose Paid-Up Capita.... 80,000,000 £ 5,836,870 Reservs Fund ..... G. 20045,132,870419 civil-war standard. Slowly one during November. Special Reserve. 2,980,000 £ 1,888,330 is enabled to form an estimate of

the extent of some of the ravages only small during November. Businessin sesamum seeds was' brought about by the recent in-But as stocks are limited, prices ternal strife. Experts place the remained firm. Quotations in material damage for all of England, towards the close of the China's railways at 100 million month, were £28 10s-ci.f. dollars. This figure is not to in-As an immediate consequence clude the deficiency in operating of the defeat of Wu Pei-fu the revenue, but merely the damage Yung Kong Bank, Hankow, failed to bridges, locomotives and cars.

during November, without, how. "No long after the burning of a ever, affecting the market in any portion of Canton city, its ruler, way. The net deficit is indicated Dr. Sun Yat-sen, departed from at the south for Peking," via Japan. $530,000 had been lent to Loyang.

$700,000,

which Trade in Canton was at a stand- still in November, and some of the Chinese banks established there are said to make prepara-ribbons are largely consumed in Hongkong 69 cents sub,... 6% pm

HEAD OFFICE:-Amsterdam, EASTERN HEAD OFFIOR --Astavia,

BRANCHES. Bandarroan Barce Cle Pokarta Kous-Radia

Padang

Penstik Botterdam Ringapore..

Tegal

Cheribon

The Hague

Bombay Djember Kaba Makar Medso

Palembang Pecklon Patlanak Rangoon Samarka Shanghai

Boerabais Soerakaria (Sola)

Tilat jap

Weltevreden

LONDON BANKEES →→ Nation Provincial Bank Lid Correapon. The all over the world.

BANKING BUSINESS OF EVERY DESCRIPTION.

W. H. GROSKAMP, Agent..

Hongkong. November 4, 1824.

#V

司公理管業實法中

SOCIETE FRANCAISE DE GERANCE

DE LA BANQUE INDUSTRIELLE DE CHINE

ETABLISSEMENT FRANCO CHINOIS.

(Lacorporated in France),

-6, Ghater Road Victoria, Hongkong, HEAD OFFICE: 74 Rue B. Lesaro, Paris.

Subscribed Capital fully

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

F. 10,800,000"

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

BANKERS: Parta: Societe Generale, Esaque Nationale de Credit. Banque de Paris et des Pay B Londra: Midland Bank, Ltd. Now York: Irving Bank Columbia Trat Co.

Evary description of Ranking & Exchange out the world. Basiness transcie. Correspondents through-

M, FITZ-HENRY,

Manager.

10th November 1924.

tions for leaving the place for more peaceful spots.

out of

"

On Calcutta-

Wire

M

Credits. 60 day iqbi On Bombay--

Wire

... De

1537

... 1881

1091

DOM.

Singapore On demand smo

On Manila-

Oo'demand

On demand

o Shanghal- *On demand...

30 days sight (privata paper), On Yokohama

Lol, 100 flue (per tool) 48.86 On demand... Fat! ..... 1413 Sovereigns (Bank's buying rate) 8.41 Silk ribbon manufacture is a pros-Silver (per os.) perons industry in Nanking. These

SUBSIDIARY COINS..

10

10

+1

וי

72. p.

North China, particularly Man- churia. They are of two different Turning to developments of

widths, mantifactured from fine silic Canton coins. commerce during November we should like to review first of allurp and course, silk woof threads. Bar Silver in Hongkong. ...11 %% pm, the position in Shanghai.

Narrowers ribbons are out of fashion Chinese Coppar Cents.

Chinese Copper Cab Fand no longer manufactured, only Rate of Nativo Interest

Chinese Sub. Coin Hongkong Bahu Cola -

TRADE IN SHANGHAI.

T

...70% pm.

pm. ...7% P ...25% dis. 124 par.

LOCAL SHARE MARKET.

PFICIAL QUOTATIONS.

1

11 AM

Stick Exobsage.

DECEMBER 31. Nam

Ank H.S.B.C. CT on selling rate

London

The most pleasing feature to be above 1 inchain with being recorded relates to the resump-

produced in Nanking factories. tion of work on the part of most of the cotton spinning mills at Shanghai, subsequent to a brisk demand for yarn. The majority of the mills have had to undergo. very anxious times, their struggle against odds culminating in the enforced idleness of the entire ! machinery. It was therefore en-1 couraging to observe a resump- tion of work with the prospect of obtaining some margin of profit. The impurt of raw cotton from India continued during Novem ber, aided by fairly high levels of rupee exchange. Not many people are aware of the fact that locally cotton yarn (20 counts) to Shanghai has started to export British India.

The metal market in Shanghai during "November was healthy. Paper was quiet. Woollen cloth continued distinctly bad owing to

Paris Credit Lyonntis, Banque de Pari THE BANK OF TAIWAN, LTD., very heavy stocks locahy: market

da Pays-Bas; Credk Industriel Commercie

Bociete lunerale.

IN LONDON: The National Provincial à Union Bank of England, Ltd.

Comptoir

National acompte de Paris; Credit Lyonn

IN NEW YORK: J. P. Morgan Co. French American Banking Corporation:

ranty That Co. of New York.

པ ་ད་མ་

Interest owed or Current Accounts asc Fiswi Deporte Aceording to arrangement,

Every deseription of Eanking and Exchang Busine transacter

A. LECOT,

Manager

Hongkong, March 20, 1924.

(Taiwan Ginko.)

fncorporated by Special Imperial Übartar, 1998.

Oople! #aartbed Yan 60,000,000 Caplie! (Paid-up) Tea 68.600,00% Kry Fund Y118,000,000

HEAD OFFION: BAIFER, TORMOBA.

BRANCHED:

JAPAN-Tokyo, Yokohama, Kebu, Oak,

Mojt.

prices at Shanghai for woollens remain below replacing costs. Window glass is in the dilemma in which it found itself during the greater part of this year. After having made careful inquiries we are inclined to estimate the stock of window glass in Shanghai at the end of November at about 60,000 cases. We have no figures relative to outports. Local stocks, though heavy. are not excessive, and yet these can he

The reason is principally to be found in the fact that in Japan there are still about 300,000 cases

THE MERCANTILE BANK OF FORMOSA Hean, Kagt, Karenko, cleared at heavy sacrifice only.

INDIA, LTD.:

HEAD OFFICE:

16, Graceurch Htreet, London, F. 0.4.

Authorised Catit of

Schwertbed Capitai

Pild-up tal-

Feuerva Fund

+

-11

TANKERS

Fang

Marung, Kano, Plan, Bblochika. Taiche, Tainan, Takow, Famul, Tobyan, Ako. CHINA-Shanghai, Fearow Klektas, Amoy, Foonbew, Batow, Canton. £200,000 OTHER6-Bangkok, Bangkong, Sing

Batavia, Bombay, London, New

1,800,000 1,050,000 1,250,000

The Back of England & Niland Bruk, LIC.

BEANCHES

Batoris booghang

Bangkok Bal

bus Howrah

Colombe Karachi

Calonta Kandy

Deibl Kota Bra

Musi par Bangoog Madras

York.

LONDON BANKERS:

**

***

2/31 and on Shanghai

673-5/3 Hongkong Banks .800.b. London-£139.B Chartered Bank. tap P.&O. Kan... East Asia Bank Mercantilak §£°} b. do.. ob. marine inseranORE VA

Canton Toadrance... North China Insurance Union Insura Insurance, Yanstrze China Unites

Par Kasters... Fire Insurances

DECEMBER 91. Bharabrokers' Association,

9/34 $:3-3/8

b, 1200

£20-1/9.

D 211

100 b. *** P b: "0" 19)

£ 204 6.

-

2 in. 3:10 b

A

748 6 747 88, $ 10 m #9: h, 210 si, $4 b 28.

b. 750

140

2&. 159

40

12

b, 9

8 An b.

180

# 700 b.

695

$398. ....78 h.

6 59"

b. 38"

$ SAD.

2. 98

$120 a.

19

b 190

89...

b. 861-

4138 0.

6. 1:70

2b5 D.

a. 200

... ..

8. 92

#41 a

China Fire Insurance... Hongkong Fire Insuraúdo.

hipping

Donglases

H.K. Steamboats... Jndo Chinas (Prat. (Del.))

(H.E. Reg.)

Shail Transports Star Ferries ...

Hongkong Tings and Lighter $100

Oriental Nav. Co.

Hefineries

thina Hugar...

Malabon Sugar

al

Kailan Mining Adm Langkats

Shanghai Lowon

**

b.

'ani Exploratinge...) “8`n. Single Langkats $10 b. Raubs

70/-

FRIDAY, JANUARY 2, 1925.

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 efficient

service at Minimum Rates.. 1-ton Speed Wagons - @ $4.50 per hour. 3-ton Lorries

@ $8.50

Waiting at Half Rates ESTIMATES GIVEN

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

,:|

28. Des Voeux Road, Contral. 4 Phone Central 1913

18th

P. O. Hox 645.

Annive SALE

VALUABLE COUPONS GIVEN AWAY.

#

For every dollar purchase or several purchases totalling a dollar (after deduct- ing the discount) a five-cent coupon will be given,

!!

· ARAN [136 20 23301 223 79 82 £;

THE WING ON CO., LTD.,

HONGKONG.

. 141 6. 140/141

THE WORLD SUPPLY CO. 81. Connaught Road, West.

FANCY PARASOLS IN SILK AND PAPER- 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.

1

F8

b 13

8-11"

11. &18

b. 3

3 n

1.90

Tronoh Minca.

#6/-b.

b. 5

Ural Casp. Benguet Con..

TA

b. n.

441

P. 1.85 m.

H. & R. Wharfa

***

+

·Shui Dook" •

New Engineerings..

... $117 a

$151, 180-1/2 8. T 108 T7.40 n

$210 b.

a. 218 s. 215-1/2

b. 160 ss. 158

7.60

b. 107-1/2

Hotels & Buildings,

'T. & W. Dock

of window glass awaiting buyers.rocks, Wharves, Godowns, &c. Farthermore the first production of the Yao-hua Mechanical Glass Factory of Chinwangtao has appeared on the market. This factory has a capacity of 150,000

R. R. Engineerings.

Shanghai Ronakewe

London Bounty Westminster, and Patr'e Bank, cases a year. The new concern&hal Hotels $181 b. 19 sa. Now 13.2 (b 19 sa 181,19) New-b. & salt

sells below the prices of the im-

New York PR

The Bank has Correrplants in the Commercstported article, but it remains to Port Louis (Mauritius) ·

Singapore

Centres la ise European Conument, Hutan," Non- ahuria Tortao, Japan, Indo-China, Binm, India, be Sourabaya Philippius faints, Jars, and Dutch Indise, Anstamount to.

ralla, Amation, affion, do

TONGXOKO BRANCH,

Intereat allowed on Carmat Account, and Fixed Depealla al raton which will be quoted on applies.

Z. TAMAMOTO,

Manage

Rrery desorption of Banking and Exchange budou, 23 traveled.

INTEREST allowed on Current Augasante st. ? pu ent purkaamon Daily Halance, and on Fixed De

paalt at rates that any he ascertained on nopileation HONGKONG BRANCH,

4

7. Queen's Road Custral,

Hoogkoan, October 1, 1923.

N. C. WILSON,

MAUNG CT.

THE YOKOHAMA SPECIE

BANK LTD.'

4

ESTABLISHED · 1880,

HARMAN (fully pali sp) ----Tea 100,000,0## Bulava Fox

---7am 77,500,000

EAD OFF-YOKOHAMA,

BALTUM AF Åsenotes a Nowabwang New York Ovaka

Batris

Bombu

Buenos Arrow

Salatia

hangchun

Dalen (Delny)

Tengiian (Muleden)

Hamberg Hackow

Harbin

Bangoon

Rio de Janeir

Ban Frazelor

Balgon

Sealih Shanghai

Whimiotowa Bingapore

Boerabaya

Bydany

Theaters

Tokyo

awed on Hurrent Automata wostred for Hsed prifoda et zate-

Da Vis Road Cabral. Hongkong, 6th Juris, 1924.

THE BANK OF CHINA. 行銀 國中

Spadally Authorised, by Fraldential Mandaly of the Republic of Chias on the ad of Morsmber, 1917). Authorised Caplial...@C0,000,000,00 Raid-up Capital ......

....................... $18,278,600.00. Kagat Find some) 1,629,126.34

MEAD OFFION; PEKING.

HONGKONG BRANCH: QUEEN'S ROAD CENTRAL.

seen" what the profits will

THE SILK MARKET.

On certain days in November there was lively demand for raw silk, chiefly from Lyons.

Then followed a period of great calm. It is reported that at the end of November the stocks of raw silk in Lyons were 18,000 bales, which is not propitious news for China. The demand" for raw silk in America has slackened consider- ably during recent months, and buyers are extremely cautious, apparently expecting a further easing in prices. The consump- tion of natural silk in America has shown a remarkable increase during the "past decade, but the use of artificial eilk has grown much more rapidly and was in

Branches and Sub-branchee all orar 1028 10 times larger than in Chics and Correspondants in Harops, 1913. Amaribe, and other parts of the world."

The following (round) London Mokgesp--The Masimal Provine figures speak for themselves:

Consumption of silk in

adai wed Union Bank of England, Ltd.

The Gausaly Trosk Company of awU.S.A.: Bark,

For

York. Bankgeny - Koi Leying Xional Bank.

www

B.K. Developrseats ... 90 ate, H. China Buse

$10 ..

$10 b. ... 911 b.

Hongkong Landa...

Humphroys Estate

Kowloon Lands

Land Reclamations... Princes Building „4“ A.K. Forritotizie.. Raral Land... Ortton Mill..

Fwo Cotton Mills, Ltd... Kung Yikse Laou Kang Mows.... Oriental...

Shanghal Cotton...

Yangtarepoos...

Miscellaneous,

...

#150 n

$5.80 5. 810 0.

Tis 19 b. 181 an

6. 94 Onta

b. 107 108-1/2/8

91-1/2

n. 150.

£ 4

'b'18.10

***

T# 90 b. & sa,

b. 3.90

T 60 n. Now #33 n.

n. 60 New 33'0.

Cement" #19 h. Now it b. Cemonte "Combined" #25Įt, 25 a. 151 wa. China-Borncom

China Tights (Old)

meg “vi. #17-1/2 b.

do (Now) $19-1/3 b Comb. 251/51 88. Chin Providente 315. b. Now dżina” Providents Combined

38. 33-1/2 M $28-ljub.

44jft b. & sm.

Daley Farme.... B.K. Electrica Mucas do

www

*****

Hongkong and Canton Ices.

19). Now'10] n.

kopen. Com inade

Poak Tramwaya(Old).......$201..

Water-boata

Hingapore Tam

Phone Gerrard 5476

- Tel. "Jamaco" London.

A. C. DISS

讞

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

HONGKONG

C/o CAMPBELL LATHAM & CO.

TAILORS

58, Conduit Street. LONDON,' W1.

(n 10 Baw b. 7

(Coiab. 26 1/3 25 BR. 15)

D. 19

For over ten years we have been engaged in the manufacture of cocostat oil in Singapore. Our brands, the "Coconut Tree," "Elephant" and "Star" are renowned for their excellent standard, test results, and clarity, and are free from impurity or adulteration. These products are already known in China and abroad and it is to facilitate our esteemed patrons that we take pleasure in anaonacing that Moses. 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

(New n. 12 Comb, « 251 sm. 25-1/2

(b

16.10. 16 New b 8 8 6,16/25:

omb. b. 82-1 2 25 33°

b. 15

b $3 BA 44%

n. 18 New 11 a.

G. FALCONER & CO. (HONGKONG) LTD

WATCHMAKERS & JEWELLERS DIAMOND MERCHANTS

UNION BUILDING (OPPOSITE GPO)

Agents for ADMIRALTY CHARTS.

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

High Class English Jewellary,

Hongkong Rope.

59 m.

12. Ba

Hongkong Tram

5541

0.55-30

¤, 38

Do.

... 11-13.2.

n. 182

Steam Laundries

H.E. Steel Foundry,

M

Natural

allk

Artificial

.....1 b.

-b. 191

Bilki

Wahoon's 24 9

6. Dit b. Kew 11 b.

ni New n. 19

** $15.

6. 1-1/

The Bendjable Fruit Company of Hw

bales

bales

1918 ..215,000

26,000

Leano Crawfords

*****$181 b.

10

Kes on applic

304,000 1920...204,000

blog Pangwa

TSUYEE PEL

1018 249,000. 1919

808,000 1921

148,000 1922

:854,000 200,000 1928 7852,000 288,000

SHANTUNGOS AN

Canton Loos

46,000

E. B. Construot

54,000

Nanyang Tobacco

56,000

Sincere

18, n.

8.ts-1/'n

4. 3-1/236 73/1

b. 11-

b18

Mokintosh

HK Realty

HE: Th

Der A. Winx

pold

With reference to Shantung, the review sayı

Valted & besto