1925-02-11 — Page 2

3

Page

HONGKONG & SHANGHAI

BANKING CORPORATION

GRAD OFFICE: HONGKONG.

AUTHORISED GAPITAL...... $50,000,000

COMMERCE AND

FINANCE.

'COMPANY REPORTS.

IBUED AND FULLY PAID UP $20,000,000 | HONGKONG AND SHANGHAI RESERVE FUNDS -

STERLING... £4,500,000

SILVER...... $25,800,000 RESERVE LIABILITY OF } PROPRIKTURA..............)

822,000,000

COURT OF DIRECTORS:

W. 1. Pattamanti, Elge-Chairman FH. White,

R. D. F. with, Em;.

W. H. Bell, Esq

A.. H. Compton, Ex. Hoo.Mr. P., Holyons

Deputy CharmmEL

A. Plummer, Eq.

A. D. Lank, Bag,

T., Wei), 24.

. M. Young, Zıq.

BANK.

DIVIDEND AND BONUS.

held

on

MANCHESTER "MARKET.

POSITION IN MAIL WEEK."

THE CHINA MAIL.

WHEAT PRICES, «

FUTURE DIFFICULT TO FORECAST.

In its latest weekly' circulur. Lindley Walker Co-operative Wheat Company, writes: "It. would be bold, and at best only an opinion at this juncture, to say what wheat prices will be during 1925. It is not so difficult to gauge the immediate future since the shortage in Canada and Argentine created a gap that has. to be bridged. Some are of the ophior that the rise in prices

EXCHANGE.

Hongkong, February 11th, 1915.

On London-

Bank, Wiro...

Os demand

244

21

17

· 34 day's sight...

י.

1:1'3-1 ....2/3 16'18

4 montha! sight...9/4- Cvilta: 4 months' light....9/4-1 Documentary, monas sight 2/4.2 On Paris-

On demand...

... 135

..nom.

* Ch

Orestis monthi aight..... 1158 On demand... On New York

On demand..

Credits, 60 days" sight (41 673

Bombay--

Wire -O-demand-

Messrs. James F.. Hutton & Co. Manchester, report on January 73- The report of the Court of

Cotton prices have been an Directors to the ordinary yearly settled and American values, meeting of the shareholders in the after rising about id per b., Hongkong and Shanghai Banking from the date of our last report, Corporation, to be

now shew a sight loss from that February 21, states:-

time. The general optimistic The Directors have now to subview that is taken of the trade mit to you a general statement of houtlook, was the chief factor in the affairs of the Bank, and causing the upward movement balance sheet for the year ended Against this influence however is December 31, 1924.

the undoubted fact that supplies The net profits for the year. In- will be large. These are now

since August has fully discounted | On Singapore- cluding $3,379.814.45. balance the two main considerations and this shortage, while others main-On Malla brought forward from last ac-the course of values during the tain that advances up to date have count, after paying all charges, reminder of the season is depen only partially discounted the very deducting interest paid and due, dent on their relation to each other. and making provision for had and Whilst there are no signs of any apparent shortage in the world's doubtful accounts and contin-thing like a break in values it cer- wheat supplies." and

gencies, amount to $16,3831882.01.tainly does not appear that there is

CHIEF MANAGER;" A. H. BARLOW, Esq....... Manager: Shanghai-G. H. STITT, Esq.

LONDON BANKERS. Westminster Bank, Ltd.

CURRENT ACCOUNTS opened in LOCAL CURRENCY FIXED DEPOSITS received for one year or shorter periods in Local Currency and "Sterling on terms which will be quoted

on application.

Hongkong, 26th Novembar, 1924.

HONGKONG.SAVINGS BANK. THE business of the above Bank is THE

conducted by the HONGKONG AND SHANGHAT BANKING COR

FORATION. Rulur may be obtained

oc application.

47

INTEREST on deponis in calculated on the lowest, hoiance during sach com- plated Calendar Month at 3 per cont. per annum, Should there be to balance on any day in s month na interest will be allowed for that month..

Depositora may transfer at their option Balance of $100 or mate to the LONGRONG & SHANGHA BANK to be placed on FIXED DEPOSIT at CURRENT RATES.

For the HaNuEGNG & BĦARGĦA

BANKING CORPORATION,

... H. HARLOW.

Chief Manager

<

Hongkong. th January, 1925.

|

The Directors, recommend the any ground at present for, advanc transfer of $1,000,000 from the ing them as consumption figures Profit and Loss Account to credit so far, whilst larger than last year, of the Silver Reserve, which will have not advanced in proportion to the increased supplies. At the thep stand' at $26,500,000..

same time there will probably be They also recommend writing off Bank Premises Account the increases in consumption as the season advances, and these sum of $1,000,000.

has also been an advance of Id. per will determine future prices. There 1b. in Egyptians but free liquidation followed and a sharp fall.

After maxing these transfer deducting the interim dividend of £3 per share. paid on August 11 last, viz.:E480,000 at 2 44 -

In the Manchester market there $4.024,454.15, and remuneration has been an active demand for 10 Directors, there remains for both varu and cloth and quite a appropriation $10,300,427.86. out good turnover has resulted in of which the Directora recom-spite of the holidays. Yarns have ment the payment of a final divi-been in cood request for both dend of three pounds sterling perhome and export : prices are firm share, viz.. £180,000, and bonus and Americans are unchanged to of two pounds sterling per share, d. per lh up. Egyptians are viz., £320,000, amounting in all to 2d. to 14d. per lb, dearer. £800,000 which, at 2 34%, the rate of the day. will absorb | 86,918,918.92.

The balance, $3,390,508.94. to he carried to New Profit and Loss Account.

THE CHARTERĘD BANK OF “INDIA, AUSTRALIA & CHINA.2

INCORPORATED BY ROYAL CHARTER, 1853.

"

HEAD OFFICE: LONDON.

Paid-up Capital

£3,000,000 Reserve Fund..........49,900,000 Reserve Liability of Fro-

prictors

الم الان

.£3,000,000 FOREIGN EXCHANGE and General

Banking business transacted.

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

اد

A. II. FERGUSON, Manager. Hongkong, May 8, 1923.

BANQUE DE L'INDO-CHINE

HEAD OFFICE:

90, Poulevard Напитки, Рагл Subscribed Capital Fra. 72,000,000. ... Fr. 68,400 30

Pr. 69,087,288.54

Paid-up Capit}

Reserve Fund

Bangkok Battambang

1. Галоп

BRANCHES

Hongkong

Mongia Noumes"

Elmeghat Singapore

Tlentin

The sterling equivalents of the assets and abilities are shown at 93. the rate ruling on the last day of the year.

since

This

"A glance at the world's ship ments

August inst there shows that

hus been sufficient for the needs of in- porters since it shows that up to the end of November shipments were about ten million quarters greater than the previous season over the same period. because of higher prices the somewhat upsets the theory that world is eating less. Bread is still the cheapest food and will remain so even if wheat prices advanced to 70s, per quarter. because rye and maize are also in short supply and potatoes are fess plentiful in Europe than for several years.** good chances

There appear to be reasonably statistical position of wheat, for on the" present the market between January and

יו

i

Ou Paloutta- a demand

Wire

On demand

On demand... On Shanghai -

+

-1549

... 1841

.

1101

On demand

+

DOM.

30 days' tight (privata papor).

On Yokoha

47

Gold Lost, 100 fine (per tsol)

On demand... Sovereigns (Bənk's buying rate) 8:38 silver (par ot)

921 ARY COLE. SUBSIDIARY Hongkong 60 cents sub.... par.

j

2

19

10

6

11

17.

Canton solas Bar Silver in Hongkong Chinese Copper Cash

Chinese Sub. Orio Chinoge Copper Cente... Rate of Nitive Interest Rongkong Bak Coin...

% d ... Z dia.

876.50% dis. ...10% pm.

bad

10% pm.

6pm. 7.7

p.a. ...28% dia. ... dia.

April. The winter wheat in the United States is harvested in June and July, and the winter wheat in Europe, including Russin, is har- vested about the same period. prices since August last have been It seems natural to assume that sufficiently attractive to influence

LOCAL SHARE

MARKET

In the cloth section manufac-March or April going beyond 70s: increased acreages in all North-f turers of most styles are selling. their production and wide cloths per quarter, but beyond that perern Hemisphere wheat countries especially continue to be well fod the price of wheat is difficult and it remains to be seen in April. booked ahead. The outlook is at present to forecast..

next just what acreage has been India harvests in March and seeded.. viewed very hopefully and the changed attitude of sellers is well shewn by the firmness of quota- tibns, and the very considerable confidence here in' present Mr. G. M. Young has been cloth values, with the "exceb elected Chairman for the year tion of Egyptian styles. This 1925, and Mr. H. P. White Deputy attitude is Well deserving Chairman.

of buyers' attention as it will pro. Mr. D. G. M. Bernard, Mr.bably result in the absorption in > G. T. Edkins, Mr. N. L. Watson cloth prices of any further fall, if and Mr. J. P. Warren resigned there is one, in the raw material., their sents on leaving the Colony In fact, apart from cotton values, and Mr. B. D. F. Beith, Mr. G. M.the tendency, of yarn and cloth Young, Mr. W. H. Bell and Mr. prices is persistently upward. T. G. Weall were invited to join the Board.

...

These "appointments require confirmation at this meeting.

active and dhooties, light goods. Demand for India has been fairly prints and a few fancies have been

soid.

China has only bought odd lots Mr. W. L. Pattenden, Mr. J. A. of whites. Ron Singapore, Egypt, Plummer, and Mr. A. H. Compton the Levant and South America a retire in rotation, but being eligi-fair trade has been arranged. ble for re-election, offer them- Java has also bought greys and selves accordingly.

sundry small lots.

The accounts have been audited by Mr C. Bernard Brown and Mr. John Fleming who offer themselves for re-election.

Djibouti

Paposle

Halyboug

Paking

Tot rane

4

Haukow

Paom-Peub

Yuuenfu

Kano

Fon-llcherry

BANKERS:

IN FRANCE Comptoir National Eco

de Paris: Credit Lyonnais, Banque de Fari

des Pays-Bes; Credit Industriei el Commercial Boca Geiserale.

THOSE WHO PAY.

AMERICA'S BIG INCOME TAX

PEOPLE.

.

AMERICAN MONEY,

LOANS FOR AUSTRALIA.

American bankers have offered to lend money to the Common- Files to hand by last mail show wealth Government."" In favour that apart from those whose in-of American capital in Australia. come is not sufficient to bear à tax it is said that money so invested of £50,000 or more. America's gives the owner of the capital a wealthy people, according to the direct interest in the prosperity and welfare of the country. From defensive point of view it is also

IN LONDON: The National Provincial amount of income tax they pay, Union Bank of England, 1.1d. Cumptelare as follows: Ford family National d'Escompage Port:Credirtyoniza

IN NEW YORK J. P. Morgan à Ca£3.800,000; J. D. Rockefeller, represented as likely to furnish Freach American Banklas Corporation Junr., £1.487,000: Henry Ford, another Gusmaty Trust Co. of Now York.

Interest allowed on "Current Acwants and Firms Deposits accseling to serangement

Every description of Banking and Exebang Barinenacted.

A. LECOT,

Managir Hongkong, March 20, 1924.

་་

THE YOKOHAMA SPECIE

bond

of association

£493,5000; Payne Whitney (com-between the people of the United pany director), £108,390; Secre- Statek and the people tary Mellon, £234.700: T. W. Australia. Lamont (bunker).. George F. Baker

Nam

OFFICIAL QUOTATIONS.

TI A.M.

Stock Exchange.

TERRUARY 11,

.140k H.8,B.C. T.T. on selling rate

London

9/37 And on Shanghai $73-1/4 Bnagkong Braks très. 1940 en London-2143 . Obante: od Back

£x1-12 b. P.&O. Rask East Aria. Rank Morantija Bank AB

0 dn. vistico Insurances

North Chios Insurance Canton Insurance...

Union Insursace- Insurance Yangtze China Undies

Far Easterns..

Fire in graucis

China Fire Insurance..."...

Hongkong Fire Tpanranco... #710 a Shipping

WEDNESDAY, FEBRUARY 11, 1925.

VISITORS AT HOTELE..

BÚEGKUNG HOTEL.

February 10,

THE PANK OF EAST ASIA,

LIMITED.

HEAD OFVIDE

No. 10, Den Vosur Road, Central,

· Established 1919. ACTERRIKED CAPITAL, union. 10,000,000.00 PAID-OF CAPITAL

P3

$5,000,000.00 $750,000,00

Mr L. Adler Mias A. ard F. Mr and Mrs P. M. Bilton

Altea

Mr Herriman Mr R. T. G. Altkou Mr W. D. Hawo Mr W. 8. Allen Mrand Mn A3 Mr and Me A. W. Eloranu

Vea Andal H&M A. Bicks in Long grasiad on ap. Every description or ganking and KULIKKUS Mr.G. Apfelbaum Me A R. Jobaton proved SEBASTIAN, Mr A. Ay

Med Mr E Kullar Mr and Mrs J. T.Me & Mrs Bolling

Bagran

hasan

Mr F. Ranban MOM. Kenda Miss K. Barderalli Mes W. R. Kinhell Miss K Barlow Mr and Mrs Jean Mr & Mrs N. Bal Knoth Mrs E. R. Balilios Mr and Men I. R. Mr. Benjamin Kraukman Mr J. Bennett Mr and

Mr R. G. W. Be Laurieon

prond

Mr E. Biskertoa," Mr J. Birbock

Mr Blanketski

Mr M." Bisno Mr Q. Bowack Mr T. B. Brown, Mr. A. W. d.

Browns

Ma P. P. Lefevre Mrs E. Liddell

Mins A. Lillie

0.

Mr M.P.B. Marshall

Mr D. McCalin

Capt. A. W. Mokin

joy

M. D. McLeod'

Ar EL Menklo

hirgh

Mr 1. P. Buchanan Mr R. Hardia Mr G. W. Buroo Michael Mr B. Carlton

MrAJ. H. Mc

Me E. W. Miller Mr B. Obristopher-Capt. and Mrs I.

Mill

Dr. Christopherion. Mr and Mrs T. E. Mrs Christopherson Moore and child Mr and Mrs WA. Mr B. B. doorbead

Corn il

Mr A S. Muroh

Mr J. E. Dangɔar

Mr W. Nornod

Mr & Mr. B. "Doan Mr W. Hagen

Mr B. H. O'Farroll

| Excarons aligned on Cheroid Devens Accenni Ascants Foor par ca par Kanum, and on Feed At the rate of Two pas cool per annum on Haring

¿Deposits at the following enter |—

For mouth as the rate of 3% par kam

For th.mantha at dia rete di EX per annum. KAN TONG PO,

- Hongkong, Marcizách· 1911.

Chiet Manager.

NEDERLANDSCHE HANDEL MAATSCHAPPIJ.

(NWTHERLANDS Trandes SomETY.)

14

ESTABLIHYO 1824.

· Homes "DOING · BILANGT ENTARLIBKm 1905,.

Authared Dap Hai G, 160,000,000 £1,500,000

Paid-Up Capital...G. 80,000,000 £ 5,888,670 Roarya Fund G. 20,145,082,870,419

Special Reserves...@. 22,660,000 £ 1,888,530

HEAD OFFICE :-Amelerdam, «! EASTERN, HEAD OFFIOR :--BatavTİK,

BRANUKES:— Bandlermin Bandoeng. "Calcutta

Djokjakarta

Rota-Badja

Padaar

Rotter

Singapor

Capt. & Mrs Poese Fanny MINA Paris

CHPOGAN BAY HOTEL,

Mr & Mrs C. H.Mr & Mr E. Lund

Mr & Mrs Macklen

Bannerman

Mr & Mrs J. Behar bur

Mr

and child.

and Mra Brosted b

Mr Mrs C. Maurer A.Mr. Moorhead

Mr and Mrs A.E.A.

Carletoo

Danie

Mr. Ma O'dell

and children

Mr and Mrs 'J, N.

Parker

Mr and Mrs J. C Me US Shank Mr and Mrs DicksonLady PostCO

Deking Durs Mr and Mrs Tender

r W. L. Franklin, Steen

"

and his motbor Lt vol."& Mrs Ste-

Mr and Mrs I. E.phone

Geare & daugherMr M. Walk Mr A. J. Hayin Mr and Ara F. J. Mr and Mrs F.M. Wright

Hodgson

Mr and Mrs E. 0.

Wood

PEAK HOTEL.

Fe ruary 7,

Dr J. W. Anderson Mr M. F. Kop

Mr S. A. Arthur Mr and Mrs E. K. Mr & Mrs T. Arthur Kill Mis E. R. Bally Mr & Mrs A. Lane. Mr and Mrs L. Ö. F. Mr and Mrs S. H.

Bellas

Langstra

Mr J.W., Bonneble K. arsen

Mr and Mrs T. G. Me sad dra G. D.

Bencett

Major A. 8. Little-

Cal. & Mrs C. Russell Johns

Brown

MrD L'ord

Misa PW Brown Mr W. H. Loek Mr S. D. Cam hers Mr and Mrs W. Capt & Mrs J. O. Logan

Mr D. C Lagu

Mr and Mrs T. A,

Martin

Mrs H. Cormack Mrs J. Modinh Mr and Mrs. W. A.Mr R. McGrogor

Cornell

Mr E E. Minmack Mr and Ms J. D.Mr and Mrs F. W.

Muntos.

Danby

Lt.Col. B. &. Dob-Miss M. W. Nowe

bta

Mr and Mrs

Dancso MrW.E Dys

holmö

J.Mr V. gdan

dr F. E. Ollorton

Mr A. Penn

FEBRUARY 11, Bbarenceķers' ociation.

9/32 $13-1/4

h. 1910

Loys

Mr W. H Bourne

Miss Leya

***

+11

Mr M. J. Breen

IN

. 211

$109 b.

b. 1/2

9-17' b. £13-1/8 b.

15.." A.. 오오

b. 131

755

6. 78B

140 m

140

Carpentor

Me E. Oleland

$216 b. 258 8. 041 2.

b. 200

Mi & M. Cooper

h. 42

d

3.20 . 31.30 ss.

3433.82

$195 b.

b.

Igu

D. 716

do.

do.

·Dougla485.- " B.K. Stammbots... todo-Chinus (Prat.

..(Del.))

(.5. Reg.) Sholl Transports

$58 b

b. 50

$96

& 91.

*

38 1.

b. 37 1/2 a 78

.48

* 120 a

n. 120

13 h

11. 93/

**

Star Ferrie

1754 b. 78 se

781 8% 76-77

4.90

Mr A Forbos

Szök.

2. 355.

Miss M. Forbes

J

286 h. 85-1/8

Mulshon Sagpr

1 38 b

¤ 4.

T

4. mb, $:2 a.

13

é c.

YL. 6.1/3

# · 323 b

3/4

56 -

n.

27/

8.

.

P. 10.

#2584 8

b. 208

Mr J. B. Fawker

145 & 26.

B. 145/7

+44

↑ 110 h. cts. 8:.91 b.

2. 108

b. B

$210 b.

Hongkong Tugs and Lichter #3 6.

Refineries

Oriental Nay, Co.

China Sugar... Mining

Kajian Mining Adm Lingknts...

Shanghai Lowas

***

S'at Exploracions... ) 26.10 b. Single Langkats $10-1/8 9.

Ranhs

of

Tronoh-Mines

Ural Cesp.

Bonguet Con

£169,500'; On the other hand, it is urged (banker), that the external debts.' of this 4132000; C. H. Mackey (capital-country, both Commonwealth and ist), £97,600; E. H. Gary (pre- State," have reached such magni- sident. Steel Trust). £94,600; tude as to render further exten- Henry H. Rogers (Standard Oisions of overseas borrowing high Co.), £74.600; Vincent Astor, ly inexpedient. £57,100; F. J. Gould (capitalist), Already there is a heavy ad- £56,700; Ogden L. Miles (bank verse trade balance against er), £51.400. Among those" too Australia," the value of imports Capital (fully paid-up) Yen 100,000,000 poor, to contribute £50,000 in in- from the United States greatly Reserve Fund

BANK. LTD.

Established 1880.

Yən 77,500,000

Hend Ofco:-YOKOHAMA. ·

Branches and Agencies at:

Newchwang.

Batavia.

Bombay,

Buenos Ayres.

Calcutta.

Changchun.

Dairen (Dalry).

New York.

Osaka.

Peking.

Rangoon

Rio de Janeiro.

Fangtien (Mukden). Saigon.

Hamburg.

Hankow.

Harbin. Honokalu.

Kai Yuen.

Kobe,

London.

Los Angeles.

San Francisco. Seattle.

Shangbai. Shimonoseki. Singapore, Soerabuya. Sydney. Tiontain. Lyons.

Takyo. Manila.

Tainenfu. Nagasaki

Tsingtau. Nagoya.

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

ווי

C. ARIMA, Manager.

Hongkong, 27th October, 1924.

1000000000000000000 Everything New |

(New Shop. Now stock. New Prices, Buitable for yvar pookes.

•

All kinds of Indian and Chinese 8... Shawls, Embroiderio, ets.

always in stock.

SIND SILK STORE,"

20, CurrĄ. BuzzzENO,

Que's Road Chatékă.

a

come tax may be mentioned J. D. exceeding the value of our ex Rockefeller, senr., who paid out a ports to that country. trife of £24,000; J. P. Morgan Even if the financial arrange- (banker). £19,700; J. W. Davis menta were made. through (Democratic Presidential can-London, the raising of American didate). £16.800; and C. M. loans would impart further seri Schwab (Bethlehem Steel Co.), ous and difficult complications of £5,800. President Coolidge had the exchange position. In some

an

to find £1,300, while Charles E. quarters the American bankers' Hughes (State Secretary) was proposals are regarded as over- called upon to pay £700. Austra- tures for the extension

of Han figures, if available, would markets for United States manu- pale into insignificance against facturing interests interlocked those of the United States.

with wealthy financial corpora- Commenting on the foregoing,tions, and a move towards the Australian paper says: "Americanisation" of Australia- There are no multi-millionaires in a process which has been going the Commonwealth, our wealth on in many industries in Canada, being more evenly distributed observes tite "Western Mail." than among Americans. In- formation published by the Com- monwealth Government shows only the number of taxpayers in the various grades of taxable in- come, together with the average Two large shipments of kero amount of tax per taxpayer. In sene for the Standard Oil Co., 1922-23 there were 20 persons in totalling 150,000 cases, arrived] Australia with taxable incomes of almost simultaneously yesterday. over £100,000 for Federal pur The first, by the turbine motor poses. These paid a total of vessel "Cedarbank" of the Bank £447,957, while the average Line, left Baltimore.on.November amount for Australia's. 203 and consisted of 56,000 cases: wealthiest taxpayers was £22,397, It is now being discharged at

Laichikok

KAILAN OUTPUT.

KEROSENE SHIPMENTS.

The second shipment came by the s... "Gaelic Prince," clearing

The total output of the Kailan from New York on December 7, Mining Administration's mines and consisted of 94,000 cases. for the week ended January 24 This is now being discharged at

I was nil, and the sales during the West Point..

period amounted to 84,311 tons.:

་་་

*་

Docks Wharvos, Gadowas," G.

H. & K. Wharfe

H. & W. Dock100

hint Dooks

I

ft. K. Engineerings.

New Engineerings.......

Shanghs! Bonkkows

ande, Hotels & Buildings.

FL.B. &Sbai Hotels $174 b. 18 a. New-17.10 n.

H.K. Developments Hongkong Lande..... Hamphreys Estates Kowloon Lands Land Reclamations Prince Building... H.K. Territorial.. Getton Milla. Rural Land..

Ewo Catton Mills, Ltd. Kung Yiks

Laos Kung Mows. AN Orientals...

TH

Shanghai Cotton... Tanglaze poos. Miscellaneous,

Coment

For

La

70 ota b. no 1*

b. 101 x d

(b 171 Now- 17.to

b. 70 Cents

5. 20.

n, 150

# 181-1.2 . x.d. $20-11.

81500 12.90 $10 5.

Tis 12.00 a.

T4 BG 2.

T 60-1/2 m. New $33 68.

THE

|-

(b. 19-1/9 New n. 6} "/Comb. b 181 182

, 19

18-3140. New 8.10 n. Cements "Combined' #1: 6.39/ 82 m-

China-Borno08. China Tights (Old)

F

$196.

a. 12.

b 9 80

n. 60 New 33 n.

do (New) #13) b Comb, 27 fì. 37.10 ns (Now n. 18 Comb. in 17.1 of China, Providente 318) a New 0.70

Providents Combined

Dairy Farme

H.K. Electrica

Macao do

'140 $18.

80) Di

Na

Hongkong and Osaton Iom

Hongkong Bopo..... ..... 191 o. New 10-1/1 n. hopes Combined...

Hongkong Tramways

Peak Tramways (old).......

Do...

Bloom Laundries

F.E. Steel Foundry... Water-boats

།ཝ་

Watson' Wm. Powells** Lane Orawforda... Canton Loos

B.K. Construction. Nanyang Tobacco Binders *** Mackintosh i H.K. Realty sie HE. Taxis China Busew Bingapore Trans'

Der de Wing fully paki

fb. 18 sa 16 30 Now ¤, 2.66.

Comb. 4.401

Mrs Sumors Elia Miss Ellis

Mr and Mrs W,

Eustace

Major and Mrs F. H.

Phillipe

A.Mr and Mrs H. E.

Mr R. J, W. Foster

"Readington

Mr A. Ritcho

Lt. Col. & Mrs O

Bruders

"

Misa G. Fothergill Mr & Mra.G.Boott Mr and Mrs F. P Mr R. P. Rbs

Franklin MR. H. Skelton

Lt. E. C. FrederickMr and Mrs "To" FR Mr and Mrs W. D. White. Smith

Goodfellow Me&is, U. E. Mr and Mrs Geo., W. Stubbings

Groy

Mr and Mrs E., F. L.

Stardee

Mr and Mrs B. A.

Hala

Misa M. B. Hal

Mr and Mrs

Hancock

Mr O.P Stardoo Mr. H. Terser J.Mr B. Thomson Mr&Mrs C.Thwaitos Miss Thwaites

Mr and Mrs W. J.Mr A. W. Tiekle

Hawker

Lt. Col. and Mrà FL, Mr G. M. Hems. Travelyan

worth

Lady E. Turner

Le Comdr. G. F.Mr. M. Viso

Hole.

Mr H. Howell

MrF. L Jenkins

Capt. R. F. Walker

Capt. A. E. Watta Miss C. Willmott Misa O. 0. Jenkinside. and Mrs B. D. Mr 0.9. Hugh Jones" Wood

Mr W. A. Jordan Mr G. . Worall Miss G. Kennedy.

PALACE HOTEL.

Mr A. Arch Mr C.H. Haslewood

Mr R A. G. Barrett Mr J. Jack

Mr W. A. BennettMrs McCaw

Me R. W. CampbellMr J. McDonald

程

Mr P. B. Chichgar Mr. B. J. de Mr J. 8. Oox ..Moore Mr W. 8. Cut Mr H. Simpson Me and Mrs N. B.Mr H. Smith

Capt. L. W. Jalth Mr A. E. P. Davies Mre O. Stringer and

child Mr H. Davty

Daver

Me 8., Forshmida Mr A. P. Tannen

Mr and Mrs. H. baum

Goldenberg

Mr A. Hall

n. 28

Mr A. O. Hake

b: 53 à 63 am 50) *

b ei

Now Ilm.

$68 D.

$64 b. 154/3 29

10.1.

17-1. 4·21 D. Naw 16j k.

15 19.10 6. sa.n

D. 19.10

(a. 13 New . 14

b. 19-20

*** 12-17 1,

Bik

2.18 8.

peri Donald United Aborton, Founder) (P

Mrs G. Taloch

Mr A. 3. Wadore Mr W. Walter

THE MERCANTILE BANK OF

INDIA, LTD.

'HEAD^ OFFICE :

11, Gracechurch Street, London, E.,Q, A.

Authorised Capital..

Subscribed Capital

Paid-up Capital

Reserve Fund

BANKCIA:

£8,000,000

1,800,000 3,050,000 1,250,000

The Bank of Logfant & Midland Bank, 144.

BRANDIZI

Bangkok Galle

„Baltia susapan.

Bussday XoWTER Galeana Candy

Golombo Karobl

Kota Bhar

Czec

Kasia lamper. Benzoos Madras ~New York

Blogspore

Fort Bonia (Mauritani

HONGKONG BRANOU,

Bery desorpolow of Braking and Exchange beel-

per

DIEREST Allowed on Ourent coments et anat per annum sa. Dully. Belasos, and on Fixed. Der ponin në rades that any be securtained on appllowin

J. K. BOSS,

***, 7, Quaanch Band Cookie),

Bongbong, TizRAT7.20, 1945.

keting, Managm

-

世界の

Bombay Cheribon Djember

The Haruo

Kabe

Makarsar Medan

Palembang

Pontianak

Samarang

Boorabala

".. Tillatay

Pecalongan Rangoon Shanghal

Goerakarta (Solo)

Weltevreden

LONDON BANKERS:-

National Provincial Bank Lid. Correpondents all over the world.

BANKING BUSINESS OF EVREY DESCRIPTION,

W. H. GROSKAMP,

Hongkong, November 4, 1924.

司公理管業實法中

SOCIETE FRANCAISE DE GERANCE

DE LA BANQUE INDUSTRIELLE DE CHINE. STABLISSEMENT FRANCO CHINOIN.

(Incorporated in France),

5, Chater Road, Victoria, Hongkong. HEAD OFFICE: 74, Rao St, Lazare,"

Pari

Subscribed Capital fully

paid-ap Reserva Fund

Frs. 10,000,000 Frs. 10,800,000

*

Working fund provided by THE BANQUE INDUSTRIELLE

"DE CHINE.

Frs. 50,000,000.

BANKERS:

Societe Generalo.

4

Paris:

Напача

Nationale do Credit.

Banque, de

Paris et des Pays-Bas. London: Midland Bank, Ltd.

New York: Irving Bank Columbia Trust

Co.

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

M. FITZ-HENRY,

Manager. 10th November, 1924.

THE BANK OF TAIWAN, LTD. (Taiwan Ginko.)

Incorporated by Special Imporial Charter, 1899.

Capital Subscribed Capital (Paid-up) Reserve Fund

.Yen 60,000,000 Yen 52,600,000 Yen 12,080,000

HEAD OFFICE: TAIPEH, FORMOSA.

BRANCHES:

JAPAN-Tokyo, Yokohama,

Osaka, Moji

Kobe,

FORMOSA-Giran, Kagi; Karenko, Keelung, Makung, Nanto, Pinan, Shinchiku, Taichu, Tainan, Takow, Tamsui Tahyen, Aka CHINA-Shanghai, Hankow, Klukiang, Amoy, Fooshow, Swatow, Canton, OTHERS.Bangkok, Hongkong, Singa- pore, Soerabaya, Sumarang. Batavia, Bombay, London, Now York,

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

The Bank has Correspondents in the Commercial Centres in the European Continent, Enwin, Man thoris Thingiao, Japan, Indo-China, Blan, India, Filippina Inlanda, Java, and Dutch Indies, Aurt ralia, Amerion, filon, c

Interest allowed on Carmut Acceant, and ad Depazīta at rates which will he quoted on applic LESA,

Z. YAMAMOTO, Manager.

HONGONG BRANCH,

3. Les Voeux Road Central, Hongkong, 5th June, 1924.-

THE BANK OF CHINA. 行銀國中

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

Authorland Capital .... $50,000,000.00 Paid-up Capital:.. $18,278,600,00 Reserve Fund .... € 9,629,426.24**

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 Provin- cial and Union Bank of England, Ltd. The Guaranty Trust Company of New.

York.

New York Bankers: The Irving

- National Bank.

The Equitable Trust Company of New

York.

Interest-allowed-on Current Accoun and Fixed Deposita Terms on applica Hon.

Every description of Banking Businese transacted.

Loans granted on approved securities. Special facilities for Home Exchange.

TUYER PEL

"J