1925-01-08 — Page 2

Page

HONGKONG & SHANGHAI THE BANK OF BAST ASIA,

BANKING CORPORATION).

HEAD OFFICE: HONGKONG. AUTHORISED CAPITAL LOAD $50,000,000 ISSUED AND FULLY PAID UP $20,010,000 KEAVE FUNDS-

STERLING... B4,500,000 SILVER...... 825,500,000

RESERVE ANILITY OF

PROPRIETORS..

$20,000,000

COURT OF DIRECTORS:

When Fuimet, hay,—libauzuMUN

H.P, White, Bay--Deputy Chairmanas.

A..D F. Haith En.

14.0. Tang, B.

W. H. Bell, Esq. A Plammer E.q. A. H. Compton T. G. Well, Esq.

*: LIMITED.

·HEAD OFFICE:-

No. 16, D. Vaux Road, Central, Batablished 1919. AUTHORENS Larizal, menu..$30,000,000.0 PAID-UP CAPITAL

$5,000,000,0 RALLY FUND

$750,000,00

Every desorteras of Banking and Erobange satzean grams of. Legne grated on a proved searĖJA J

Interest allowed on Over Deponi dosa

the race of Two per ont per a e daviny Scout Four per beat tar: Anumas, and m Deposit the Following Fåt

For

Par

For

Hon. Mr.P.H.Holyank, M. Young Esq.

CHIEF MANAGER:

month at the enda of UX ýør ANNEM mantha sẽ the rata + (2 por Karnat me at the rate o. 8% per annII. KAN TONG PO,

Calal Mzange,

Hongkong, Harob-ith 2999,

"A. H. BARLOW, Esq.

Managar: Shanghai-G. H, STITT, Erg,

LONDON BANKERS. Westminster Bank, Ltd. "CURRENT"

ACCOUNTS opened in LOCAL CURRENCY and FIXED DEPOSITS received for one year or shorter periods in Locul Currency and Sterling on termit which will be quoted on application.

Hongkong, 26th November, 1924.

...51

HONGKONG SAVINGS BANK.

NEDERLANDSCHE HANDEL MAATSCHAPPLI

(NUTIKKLARIM. Transen Bocueri")"

ESTABLISHED 1824. .. Homamoru, Braxx ESTABLISHED 1906.

Aathored Capital . 160,000,000 £12.500,000

d-Op Capllat.... 80,000,000 28568,870

Reserva Fand 20,045,082 £ 1,870,419 #pecial Reserves...G. 22,880,000 £ 1,888,390

HEAD OFFICE-A EASTERN HEAD OFFICE :--I ninvia BRANCHES:- Ibuxiness of the above. Bank is Beramin Bandeng

conducted by the HONGKONGCaletta AND SHANGHAI BANKING COR-Kota-Raja PORATION, Rules, diay be obtained Pading on apptentrio

INTEREST on dupónita is calculated on the lowest balanca dariae rach com- ploted Calendar Month at 3 por cent. per annum. Should there be no balance on any day in a month no interest will: be allowed for that month,

Depositors may transfer at their iption Balance of $100 or more to the HONGKONG & SHANGHAI BANK

wn be placed an FIXED DEPOSIT at

CURRENT RATES: "A

for the RoxoKONG & SHAÑUHA)

BANKING CORPOLATION, U

H. BARLOW,

Grial Manas or

Hongkong, 7th January, 1945)

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

INCORPORATED BY ROYAL

CHARTER, 1853.

Paid-up Capitat

Reserve Fund

HEAD OFFICE: LONDON.

.£3,000,000. 30db,000 €3,000,000 FOREIGN EXCHANGE and General Banking business transacted.

Reserve Liability of Pro-

prietors

CURRENT ACCOUNTS opened and FIXED DEPOSITS received for 1 year or shorter period at rates which will be quoted on application.

A. H. FERGUSON," Manager.

Hongkong, May 8, 1923.

BANQUE DE L'INDO-CHINE.

-HEAD OFFICE:..

16, Poglavard Haussmann, Perla. Antecribed Capital ... 72,400,000.0 Paid-up Captai

Fr th0,000 & Reserve Funds...... Fra 89,67283.54 BRANCHES

Bangkok

BAR

Cantos

Djibouti Haiphong

Minkow

HADI

Hongkong

Hongist

Nouta

Papeete 11 Peking

Pozo-Penh

Pondicherry, BANKERS!

Saigon Alba

Bombay

Oberibon

Djember

Flokjakarta The Hague

Kubi

Makat

Mulan Pecahagan

Shanghai

Penang

Bostardant Ringapore Tagal

་

Palembang

piianuk Rangdon

THE CHINA MAIL.

COMMERCE AND FINANCE.

NAM PAK HONG PRICES.

2

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

Java Sugar, per plcul net- No. 24 rough white...$ 9.95 No. 24 fine white... 10.50 No. 18 rough brown... 9.90 Flour, per sack of 50 lbs. "XXX" "WF Greene" "Kir

sher"

$4.12

3.50

3.43

SLEZ CANAL DUES.

(Reuter's Service)

London, January 7. It is announced that the. Suez Canal transit dues will be reduced twenty-five centimes from April 1.

HOME MARKET REPORT,

NEW BORNEO SERVICE,

A new sarvice between Borneo INDIAN TRADE BANK.

and Singapore will be inaugurated In the New Year, when the Straits A ples for the creation of

Steamship Company will start Kampar" on the powerful Trade Bank in India, their steamer working in conjunction with the Pontianak run is being worked. run. "At present the Singapore- Trade Development Corporation, is made in an article by Mr. James entirely by foreign vessels, so that Dalzell, in the "Manchester the "Kamper" will be the first British vessel to start a regular Guardian" Commercial Supple-. ment. The writer points out that "Kampar, which arrived from

service

on this run. The even the Imperial Bank of India is precluded from doing exchange proceeded fato dock, is a vessel

Telok business, while outside

Anson recently. and the ible centres, the country

of 499 tons. ia devoid of facilities' for the tran- saction of overseas business which, In addition to the lack of faclittles for the exchange of rupee coinage into currency notes, is seriously detrimental to Anglo-Indian trade, and to the advantage of the Germans, who are more enterpris- ing in the realisation of local economic conditions and require ments. The "Manchester Guardian," in an editorial, says that, if British banks do not enter the field, offer. ing the up-country. Indian re ciprocal advantages for develop- ment similar to the Chinese, native banks may take their place."

scale. A commission of German

EXCHANGE,

Hongkong. Jaudary 8, 1975. On London-

Hank, Wire. ....

41

++

***....1/8. Ou demand.....9/3.0/16 30 day's sight... 4 months' night-1 Credits 4 months' sight...9/4! On P

Documentary, & months sight 2/4- On demand... 100

... 1018 Credits, monthï' sight... 1195 On demand... On New York-

10

***

On demand. Credits. 60 days' sight On Bombay-...

Wire

On demand On Calcutta

Wire*** On demand. On Bingapore On Manils

On demand... On demand....

... 57

C

M

* 18

1814

1101

KOM.

+

On demand. **** 30 days' sight (private paper) On Yokoham

Messrs. James F. Hutton & Co. Ltd., Manchester report as follows under date December 3:-

American cotton prices have It is understood that negotiations hoved steadily downwards during, are proceeding in Europe between the week, as a resuit of very poor representatives of the Union support from trading and outside Government and certain German sources and also owing to the steel producers, with a view to the Boera bats Boerakarta (Rolo) fact that private forecasts of the South Africa on a fairly large establishment of the steel industry Tiltap Weltevreden American crop prospects have LONDON BANKERS-

been enlarged through the con- National Peorinolal Bank Ltd.

tinued favourable conditions. Carne pondents all over the world.

Even at this late date it is freely BANKING BUSINESS OF EVERY suggested that the Bureau have

DESCRIPTION,

underestimated the total yield, The last estimate due for publica tion next week should finally settle doubts on this point. The quiet ness of trading, and the possibility of there being little improvement until the New Year is, however, probably the main cause of the The Tai An Cotten Spinning Mill easing off, which amounts to very which recently began operations in hearly 44d. per b on the week Hankow is capitulised at Yen 5,000,- At Liverpool the turnover on the 000: The mill is owned by the spot shewed some signs of Nihon Menka Kaisl. a Japanese increasing. This demand has, company. It has 20,366 spindles. Hongkong Suh, Coin however, not been maintained and

W. H. GROSKAMP,

Hongkong, November 4, 1924,

本司公理管業實法中

SOCIETE FRANCAISE DE GERANCE

DE LA BANQUE INDUSTRIELLE DĚ CHINE.

ETABLISSEMENT FRANCO. CHINOIS.

(Incorporated in France).

5. Chater Road, Victoria, Hongkong.

it is probable that it may be put" down to the extended hours of working that spinners have gone!

HEAD OFFICE: 74, Rue St. Lazare,on to Egyptians have also been

Paris.

Subscribed Capital fully

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

Frs, 10,800,000

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

BANKERS:

Banque

Banque de

Paris: Societe Generale, Nationale de Credit. Paris et des Pays-Bas.. London: Midland Bank, Ltd. ** New York: Irving Bank Columbia Truet

Co.

Every description of Banking and Exchange Business transacted. Corres pondents throughout the world.

M. FITZ-HENRY,

Manuger 10th November, 1921.

quieter and values in this-section have lost ground slightly as well. There has again been little change in the Manchester market, for although many of the smaller out lets continue to purchase fairly numerous small lots. the larger buying centres remain generally. inactive. The turnover has in consequence been patchy and can- not be termed satisfactory. The weaker movement of cotton has tended, of course, to make buyers hesitate, although occasionally substantial lines of staple goods have been bought. There is some slight irregularity in yarn prices which are unchanged to 4d. per lb. lower. For India 'some, sub- stantial business in dhooties has taken place. also a few whites and

Fins spore THE BANK OF TAIWAN, LTD. prints, but generally the demand

(Taiwan Ginko.)

Tlentin

To rane

Anunanfu!

IN FRANCE Comptol Kations of Execompt

de Paris; Credit Lyonnais, Banque de Farie et dne Para-Ban; Crocil! Indiátriel et Commercial Nociete Generale.

IN LONDON? The National Provincial a Caian Bank of England, Ltd.; Lun.pro National d'Escompte de Paris Credit Lyonnis

IN NEW YORK: J. P. Morgan & Co. Frageb American Banking Corporation; Garanty Tmat Co. of New York.

Intet alowed on. Current Accounts nad Fired Deposits according to arrangement

Every description of Banking and Exchang Basinane transacted.

A LECOT,

Mangger Hongkong, March 20, 1924.

THE YOKOHAMA SPECIE

- BANK, LTD.

Established 1880.

Capital (fully paid-up) Yen 100,000,000 Reserve Fund .... Yon 77,500,000 Head Office:-YOKOHAMA.

Branches and Agencies at:

Newchwang.

Batavia, Bombay.

Buenos Ayrea,

Calcutta.

Changchun.

Dairen (Dalny).

New York.

Osaka.

Peking. Rangoon

Rio de Janeiro,

Fengtion (Mukden), Saigon.

Hamburg. Hankow.

Harbin,

Honolulu.

Kai Yuen.

Kpbq.

London."

Los Angeles.

Lyons.

Manila.

Nagasaki

Nagoya

San Francisco. Seattle, Shanghat.

Shinonoseki. Singapore, Boerabaya. Sydney. Tientsin.

Takyo.

Tainanfa

Tsingtau Vladivostock.

Manager

Interest allowed on Current Accounts. Deposita received for fixed periods at rates to be obtained on application.

C. ARIMA, Hongkong, 27th October, 1924. LASTERN EXTENSION AUSTRAL SASIA & OHINA TELEGRAPH CO.,

List of unclaimed telegrama lying in E. E. Telegraph Office, Hongkong.

Clayton care Wardie, from Wargraveberka.

Morton Care Wardley (8) f London

Wacowan from Johannesburg Yokohama from Haiphong Zinum from Nasirabad Bai.

KET. AIREY,

Beperinamidant, 18th Deceesbec, 19242)

Incorporated by Spreis Imperial

· Charter, 1899. Capital Subscribed Capital (Paid-up)

....Yen 80,000,000 ...Yen 52,500,00d Reserve Fund

Yen 12,080,000

HEAD OFFICE: TAIPEH, FORMOSA.

steel experts visited South African some time ago, and furnished a report to the Government which Certain important British steel is considered very encouraging. interests, made investigations on the same subject, but came to the conclusion that the time is not yet ripe for such a project on a self- supporting basis.

Tel

1424

Gold Leaf, 100 fine (per tadi) 48 60

On demand... Sovereigns (Bank's buying rate), 8.33 liver (per ca) ....... w? F Hongkong 60 cents. sub. 8% pa.

SUBSIDIARY COINE.

10

14

B

LP

BIT.

Canton clos

6% pm: Bar Silver in Hongkong 100% pm.

255 %, dia. Cluese Copper Ch Rate of Native latereat... 7% pa.

-10% pm.. Chinese Copper Cents... .8% p Chinese Sub, Oolo

...25% 'par

2 இவர்

SHARE MARKET.

dia.

THURSDAY, JANUARY 8, 1925.

GREEN ISLAND CEMENT CO. LTD

BEST PORTLAND

CEMENT

SHEWAN, TOMES & Co.,

General Managor 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

-

94.50 per hour. @ $8.50 Waiting at Half Rates. ESTIMATES GIVEN

WE SOLICIT YOUR ENQUIRIES

THE HONGKONG MOTOR TRANSPORTATION

A CO., LTD.

28 Des Voeux Road, Contral

Phono Central 1913

P. O. Box 845.

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.

LOCAL

ADEQUATELY GUARANTEED.

OFFICIAL

QUOTATIONS.

JANUARY 8. NAS

II A.M. Stock Ershauge.

AGENTS:-

JANUARY 8, Sharebrokers' Association

DODWELL & CO., LTD.

Ank

MACHINERY DEPARTMENT,

2/AL

9/87

ご

B.S.B.C. I.T. on selling rate

London

**

and on Shanebai... 873-1/1 Hongkong Banks 1200 b.. London-2139 b. Chartered Bank

£ 10 b. P Pakis

2000 £11.n. East Asia Bank Mercantile Bank AB 298) b.

0 do, Marine Insurances

Canton Tasario... North Calne Insurance. Unha Insurance Inusrinoë Yangtze China Undirs Far Eastern... Fire InsuYAN088

$73-1/9

b. 1200

b. 285-1/2

n. £11

.b. 190

£ts b.

b. "0" 191

785 b $14.

b. 756

D

140

... $980 b. 200 a.

b. 981

h. .41′′

2.30 t. 9.30 sa.

b. 2.50

$180 b.

Chine Fire Insursace"... Hongkong Fire Taadrance skipplug

Dantclases....t H.K. Steambosta... Indo-Chinas (Perf.

do. (Det.}} *.

(A.E. Reg.), ... 8bell Transporta.. Star Fortina Hongkong Tugs And Leghter friental Nav. Co. #fineries

China Bugar ... Mamoon sugar wining

Kalian Mining Adm. Langkata..... Air

710 b.

100

b.

700

$5. a.

B. 88

་་་

#37-1/2 b.

b. $7

SR D. $120

19.

b. 120

89. b.

b. 85

1134 .7

· 138)

:b. it să.

b. 1.60 ca.1, 10,1.90

$255 zi.

#87 bi

...

in.

b87 A.

10% D

b. P3

FE

Shanghat LOAD!, S'hai Explorations.... Aingle Langkats .Raha....

Tronoh Mine

Benguet Con Cooks Wharves, Godowns, do,

ab. $38 n $7, n.

13

6-1/tu.

D. 3-1/9

д. 9

E

1. 2.90

60/-

b. 16).

་་་

P. $.85 m.

El & K. Wharto

***

***

$112 b.

a. 913

H.

*W. Dock

100.7.

b. 150

'bat Dooks.

New Engineering.

T108-1/2 b. 110 ma T7.40.

birg

Jak

$910 b

is far from active. China reports state that goods are now moving more freely there and enquiry has shewn some signs of reviving. although offers. are too low to result in any volume of business.; Continental demand has probably. been the most brisk and there has also been a steady trade from the Near East, Levant and African BRANCHES:

outlets... South America has JAPAN-Tokyo, Yokohama, Kobe, bought sundry styles. The

Osaka, Moji.

United States have taken some) FORMOSA Giran, Kugi, Karenko, good lots of poplins.

Keelung. Makung, Nanto, Pinan, Straits Settlements some fair For the Shinchiku, Taichu, Tainan, Takow, Tamsui, Tokyen, Alto.

Ural Casp. business has been done in fancy CHINA-Shanghai, Hankow, Klukiang, styles.

Amoy, Foochow Swatow, Canton. OTHERS.-Bengkok, Hongkong, Singa- pore, Soerabaya, Samarang, Batavia, Bombay, London, New York.

LONDON BANKERS: London County Westminster and Farr's Bank.

3

CHINESE FINANCE,

**

கா

H. E. Engineerings. Shanghai Rongkews

Botels & Buildings.

H.K. A Shai Hotels 116-1/5, 18! n. New -17-1/2 b. H.K. Developmenta **80 ot. 1.

$10) n. }

1081

It is understood that the Ameri- cau and European Governments concerned in the Chinese Cónsor-Lende, tium have decided to send a com- mission to China to arrange for The Bank has Cerressandents is the Commers the raising of the import duties Centre in the Europasti Continent, Bessa, Mas shuria Tringiao, Japan, Indo-China, Siam, Ladla, and for the allocation of the pro- Philippine Islands, Jarz, and Duca Indise, &ceeds for the general advantage of rall America, filends,

Interset allow ad on Garrant Account, and Fired China, says "Truth Deporte as ratas wiɛich will be dested an nepika.

of Decem. 100

HONGKONG BRANCH,

Manager.

8, Des Voeux Road Central. Hongkong, 6th June, 1924.

THE BANK OF CHINAnal political

行銀國中

(Specially Authorised by Presidential Mandate of the Republic of China on the 22nd of November, 1917).

Paid-up Capital ............. Rozerve Fund

China Busega.

Hongkong Lande...

Humphreys Estates....

Kowloon Lauds... Land Reclamations Princes Building

H.K. Territorial on Rural Land.. Cotton Mil

0. 7.50

(9%, 183/19 Now-s 18.10

b. 20 Cents

b. 108

b. 91-7/8

#180

$1500.

I

#10 a..

Tla 17-1/2. b. 19.50

b. 19,40

Jose

T4 10 bi T61 h. Now #31 b..

B. 60 Now 33 1.

Ewo Cotton Hills, Ltd. Kung Yika ****.. Laou Kung Mows Orientale... Shanghal Cotton Yangtasepoosi “100 Miscellassons.

Cemetits

19-3/4. New sb. 9, m Cements Corabined' $88-13 m

M

Chiba Träte (Old) ***ion.” (18.15 b. do (New), #12) b. Comb. 25-1 b. Uhins Providents $16 b. Now b Providents Combined 833-1/4 b. Dairy Farme **: #271 b. H.E. Electrics Macao do Hongkong and Canton Icos Hongkong Rope... 191. Now 10) hopes Combined.... Hongkong TramwAYS... Fear Tramwaysw(Old)...

(New)

ber 3. At the same time a com- Z. YAMAMOTO,mittee, appointed by the Chinese Government, is now sitting in Peking to consider the financial questions of the moment. Per- haps the urgency of the matter compels this, inquiry before inter- conditions Have quletened down, but before any thing can be done there must be some sort of agreement between

China-Borneo the contending factions. Conse- Authorised Capital $80,000,000.00 quently the reports from Wash- 318,278,000.00 ington pointing to the initiation of $9,629,425.24 Bomething on the lines of a Dawes Plan" for China are rather premature, especially as they appear to emphasise the need. for the inclusion of loans at pre- sent unsecured within the circle! of those which are specifically charged upon various revenues, Evidently the idea is that the contemplated increases in certain revenues should be used, in part to satisfy the claims of holders of the various unsecured bonds in which America is interested to Interest allowed on Current Accounts proposed reforms in Chinese a considerable extent. One of the and Fixed Deposit Terms on applice finance is the abolition of the liitin Every description of Banking Business moved some other revenues, would pal duties, though if these are re transacted

Loana granted on approved securities, have to be tapped to make good Bpecial facilities for Home Exchange the loss to the Treasury, especially TSUYBE PEI, If additional security is to be given

to the unsecured loans.

HEAD OFFICE:. PEKING..

HONGKONG BRANCH. QUEEN'S ROAD CENTRAL. Branches and Sub-branches all over China and Correspondents in Europe, America, and other parts of the world. London Bankers: The National Previn cial and Union Bank of England, Ltd. The Guaranty Trust Company of New

Yark

National Bank.

New York Bankers: The Irving The Equitable Trust Company of New

York.

Manager,

$58. 15 $260.

11-1

181 b

(n. 20 New sa. 8.91 (Comb. a 27 129

19

(New n. 12 Comb. 5, 25-1/3

fb. 16) New b 6.37_sui' 0,45, Comb. t 82-1/1

-400 mg 21ỗ bọ New 13} b.

Beam Laundries. H.E. Steel Foundry. Water-bosta Watson' wm. Powells Singapore Tram Lane Crawforde -Canton Loes

FL.K. Construotices

Mackintosh pia ni ime B.K Real

Der A. We fully paid

મ United Aberian (Founders),

·018):

7.00

meg

(Ordinary) @ TO

.38

a. 10#

› 6, 19-

D. 3-1/2

n..18 Now n, 11

**

KAIPING HOUSEHOLD COAL

In Lots of not less than -ton -

Delivered to Peak District (above Bowen Bead)

Bowen Road and Lower Levels Kowloon:..

891.00 per ton - $20.00 $19.00 Orders should be sent in writing at least 24 hours, before the Coal le required. All orders must be accompanied by cash. Cheque, or Compradore "Order

payable to Tas Kailan Minero DMINISTRAZION,"

THE KAILAN MINING ADMINISTRATION

HEAD OFFICE: TIENTSIN,

DODWELL & CD., LTD., Agents, Hongkong.

"Phone Gerrard 5476

Tel. "Jamaco" London.

A. C. DISS

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

HONGKONG

Co CAMPBELL LATHAM & CO...

TAILORS

59, Condalt Street LONDON, W.1.

For over ten your we have been engaged in the manufacture of coconut oil in Singapore. Our brands, the "Coconut Tree," "Elephant" and "Star" are renowned for their amellent 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 pleasure in announcing that Masara, 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.

10 Now 11 n

G. FALCONER & CO. (HONGKONG) LTD

WATCHMAKERS & JEWELLERS DIAMOND MERCHANT:"

UNION BUILDING (OPPOSITE GF.O)-

Agents for gun ADMIRALTY CHARTS.

ROSSIA BINOCULARS and TELES KELVIN'S NAUTICAL INST ENGLISH SILVERWARE direct from

High Class English Jewellery,

b. 7.10