1925-03-04 — Page 2

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HUNGKUNG & SHANGHAI

BANKING CORPORATION

"ARAD OFFICE: HONGKONG.

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

1:

STIRLING... 4,100,000

Silver 826,500,000

KERTE LIABILITY OF $20,000,000 |

PROPRIETORS....squeciser Í

COURT OF DIRECTORS:

G. M: Young, Chario

H. P. White, Bag-Deputy Chairisa.

Hon. Mr. A., Lang: W. Laenler, Bay.

BDF Beith, Kaz.

W. H. Bell, Pay, AH. Coluptou, Eng.

Bon Mr. Holyoak

J. A. Plammer, Eq.

T. G. Well, Esq.

CHIEF MANAGER: A. H. BARLOW, Esq. Manager::Shanghal-G. A. STITT, Esq.

4

LONDON BANKERS. Westminster Bank, Ltd. CURRENT ACCOUNTS opened in and FILED CURRENCY LOCAL DEPOSITS received for one year or aborter periods in Local Currency and. Starling on torrus which will be quoted

a application."

Hongkong at Arunry, 328. HONGKONG SAVINGS BANK.

E business the above Bank is conlucted by the DUNGEONG AND SHANGHAI BANKING COR PORATION. Roles may be obtained on application..

INTEREST on deposita ia, calculated on the Inwert balance during back com pioted Calendar Month at 33 per cent. per annum. Shutdd there be no halanes any day in a month no interest will be allowed for that month.

Depositora may transfer at their Option Balance of $100 or more to the HONGKONG & SHANGHAI BANK to be placed on FIXED DEPOSIT at CURRENT BATIS.

For the Honakom &

BANKING CORPORATION, H. BARLOW,

Chief Maning or

Hooghong, 7th Jumoury, 1925

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINÁ.

INCORPORATED BY ROYAL -CHARTEN, 1863.

HEAD OFFICE: LONDON.

Paid-up Capital.... £3,000,000 Reserve Fund

£8,900,000 Reserve Liability of Pro-

.£3,003,000 prietors FOREIGN EXCHANGE and General, Banking business transacted.

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

A. H. FERGUSON, Manager.

Hongkong, May 8, 1923.

BANQUE DE L'INDO-CHINE.

HEAD OFFICE:

16, Poyler Basmann, P. Subscribed Capital... Fr. 72,000,000.0 Paid-Up Capital ... 58,400,000 46 Reserve Fittida an

Fre 69,807,285.54) BRANCHES.

Hongkong.

Saigon Shong hai Moogle

Hirgapore Tientsir.

The ene Yazmusfa

£g

Auuuulinik

Canton

Neries

Dilbout!

Papoote

Haiphona

Poktag

Kasikow Hanoi

PIP

Poartlehorry BANK MRKS

IN FRANCE Catoly Nacio aid face mijet day Paris: Credit Tymis, 20 or farbe de Paya-us; Credit Industrieg et Comantrist Bocirte Clunerale.

IN LONDON: The Netic Previncini Union Park Engiaad, Lid.; pici Nateral d'Herons de Paris, Cadily smire IN NEW YOKE: J. P. Mary'à Co. French American Banking Corporation Qualy Trust Co, of New York.

N

faterent allowed on Current Accents and First Deposits according to serangement.

Bvery descriptions Banking mi Exchang Enacted.

A. LECOT,

Manager Hongkong, March 20, 1924.

THE YOKOHAMA SPECIE

BANK, LTD.

Established 1880.

Capital (fully pald-up) Yen 103,000,000 Yen 77,500,000

Reserve Fund ......

11

Head Office:-YOKOHAMA.

Branches and Agencies aka

Newchwang Now York.

Batavia.

Bombay.

Buenos Ayre.

Calcutta.

Changchun.

Dairen (Delay).

Osaka. Peking.. Rangoon. Rio de Janeiro.

Yengtion (Mukdes). Salgen.

Hamburg.

Bizukow.

Harbin,

Honolulu.

Kai Yuen, Nobe

London.

Los Angeles.

Igona.

San Francisco. Seattle. Shanghai. Phimonosgk.

Singapore.

Soerabaya, Sydney. Tientsin. Tokyo. Teinkafu. Taingtau. Vladivostock.

Manila. "Nagasaki. Naroya.

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

C. ARIMA,

Manager. Hongkong, 27th October, 1924,

Everything "New!

How Shop. Now Stock. Now Prices. Suitable for your pocket

All kinds of Indian and Okinaw Alice, Mw, Embroideries, Blo always In stock.

SIND SILK STORE,

'Chuoni BurtonEG, Qoma Boad Central

COMMERCE AND FINANCE.

COMPANY MEETING

BUILDING WORKS.

TWO LARGE 'VESSELS TO RE

THE CHINA MAIL.

There is tile for me to say AB regards the liability side of the balance sheet. Capital, reserve NEW ENGINEERING & SHIP-funds and dividend equilization funds remain the same. The de- preciation fund shows an increase of Tis. 18,617.11 arising" by an addition of Tls. 25,000 from work ing account before the computation of this year's profits, less Tis. 6,382.89 used to write down certain of the company's assets. Our plant has as usual been maintained at a high state of efficiency and cost charged against profits.

LAID DOWN.

+

The annual meeting of the New Engineering & Shipbuilding Works. Ltd., "was held at the "North China Daily News Building, at Shanghai.

There were represented 36,700

shares.

The Chairman said:

The amount standing to the credit of profit and loss account, including Tls. 48457.01 corried, forward from last year, amounts to Tis. 3 76,294,05, which is recfm mended for triation asol- lows:

To pay a dividend of

Tis:

15 per cent. on the or dinary shares......... 157,500.00 To pay the preference

share. dividend of 8

98,794 05

per cent... 120,000,00 To carry forward bal-

Tance

Total' ........... Tís. 376,294.05 Before putting this to the meet ing, however, I will as usual make a few remarks on the balance sheet and in connection with the company's affairs generally.

1923,

You will, I feel sure, be glad to hear that the year under review shows a substantial increase in cur activities, not only as compared but also with the with previous year, and the results are mainly attributable to the turnover covering repair work, largely due to the increasing number of vessels visiting this port and thereby offering a wider scope to our

business.

BUILDING BIGGER CRAFT.,

We have also heen kept ex- tremely busy with new construc tion work, having built and de- livered during this period no less than 40 craft, ranging from small motor boats to sea-going vessels, and I am glad to be able to state that the present year has opened well in this direction, the company having recently contracted for the construction of several craft, two- of which. are of very fair size. Other inquiries to hand indicate that during the course of the year we shall be afforded opportunity for further activity on this side of our business.

Reference to the balance sheet will show you that there has again been a call for capital ex- penditure, all of which have been financed out of current profits, without in any way adversely affecting our cash balance avail able for the payment of the divi- dends which you will presently be asked to sanction.

The land account appears at the same figure as in last year's balance sheet.

Buildings, plant and machinery show an increase during the year of Tis. 62,576.60, partly accounted for ly the co:struction of two Semi-detached houses on the com- pany's residential land in Wayside Park district for the accommoda. tion of senior members of our staff. and to which allusion was made when addressing you last year Other expenditure under this head- ing has been incurred in the erec- tion of new workshops and the further conversion of the com- pany's plant from steam to electric power, which has been in gradual process for some time..

DOCK ENLARGED; Dock. Shows an increase of Tls. 16,303.42 due to effecting cer. tain necessary improvements, which operations also permitted ä further lengthening of 12 feet to the dock.

Stock. Tis., 454.696.18. This figure shows a reduction of some Tis. 34.000.00 as compared with the position last year and is in part due to slight reduction in prices.

Works in progress. Tls. 185,-, 084 82 represents current repair and construction work on hand at the end of the year.

A

the year

v

Sundry creditors.-Tla. 125.59 36 represents current outstandings at the end of the year, all of which have since been liquidated. MR. A. W. BRANKSTON RETIRING.

Before sitting down, I am sure you will all wish to join me in bidding farewell to our managing director, Mr. A. W. Brankston, who is leaving us for good at the end of next month in order 10 retire to the old country to be near his children, whose education: be wishes to see completed in Eng- land.

Mr. Brankston has been with us for 22 years; he was appointed assistant manager in 1906, and has acted as manager director since 1916. I am sure our good wishes accompany him. Home, where we trust that for many years he will enjoy the best of health.

It was proposed by Mr. A. W. Burkill and seconded by Mr. N. L Sparke, that the amount standing to the credit of Profit and Loss account Tis. 376,294.05 be distri- buted as proposed Carried un- animously.

inilitant disposition of the Chinese, such operations are not pressed to a decisive termination, and are subject to vicisitudes, In the course of which money payments for subsidising the actual com batants are a necessity. A further cause of indecisive results in the Ineffectiveness of cannon and rifle fire, owing again to the money question, which causes interior ammunition to abound... No im mediate solution of China's internal troubles seems in sight, though at times the number of conflicting chieftains has lessened, and the prospect of one outstanding figure emerging from the conflet has thus improved. Inasmuch as the strife in China, whenever active, causes hoarding and at the same time a demand for silver coin with which to pay troops, any recrudes- cence of trouble is a bull point for "silver; any prolonged period of lassitude is a bear point) fer cash held up for safety in Shanghail and other ports would then be released for circulation.

notwith-

As regards, the future, the Eastern Hemisphere, standing perennial civil stille in China, possesses the elements of advancing prosperity and is entering upon a period of industrial expansion. Its mw material is of vital consequence to highly developed civilisation of the West, and payment for this will be made largely in silver-the currency of the masses. An in different monsoon in India might

the more

EXCHANGE.

On London

Hongkong March 4th, 1985.

Bank Wire... ag On demand

3/3-4

2/2 11/10 30 day'e sight... 4.man the sight 23-1 Credita, 4 months' aght .....2/4- "Documentary, mon ha night 9/4- On Parla~~

"

On demand ... X Tim

Credite, 4 enthy oight 1185 On demand... sau

On New York-

On demand... Credite, 40 days' dishk Cucutay--

Wire

Cadin ander

Cr Calentis---

Wire

Un demand. On Blegsport-

On Mille

On demand. Cr Shanghai

I I

i

153)

WEDNESDAY, MARCH 4, 1925.

FISITORS. XT HOTÜLM.

HONGKONG HOTEL..

"

.

Marob te

Me Li-Adler

Kaca A. and F. Mr and Mrs P. M. Hamilton

Afkan

Mr G., Herriman Mr R. 7. 0, AltkonMr W.D. Hawor

Mr W. B. Allen Mnand Mrs A. 8 "Mr and Mrs A. W. Horses

Van Andel

Mr G. Apfelbaum

Mr A. Aubiy

Mr and Mrs J.

Bagran

Mr & Mrs A. Hicks Mr A. R. Johnston Mr & Mrs E. Keilor T.Mr & Mrs Kolling-

haien

Mr F0. Fanhan Hr C. P. Kershaw

Mrs W. R. Kimball

·Miss K. Barlow Mr and Mrs Joan

Miss K. Bardorell

Mr & Mrs N. Beal

Mr V. Benjamin

Mr J. Bonnott

Knoth

Mrs B. R. Pellos Mr and Mrs 1. R.

Kraakman

Mr and ɗri, 0.

Mr R G. W. 'Be Lauritson

prosd...

40

"Mr H. Bickerton

Mr. R. Birbook

Mr Blanketaki

Mr M. Blane

Mr G. Bowack

Mr T. B. Brown Mr. W.

Ha P. P. Lofoto

Mrs E. Liddell

Miss R. LUH

Mr MP.B. Marshall

Mr D. McCallum Capt. A. W. McKin

Mr B. L. Mooklo-

burgh

On demand ...

Mr D. McLeod

100

Browne

My HaF. Buchanan

DOM

Mr R. O. Burdin

1271

Os dimand p 20dass slat (private paper) On Yokohama→

On demand A

144

Gold Leaf, 100 fine (per taal) 47.50 Fevereigns (Bank's buying rate) 945

$8 3/14 Elver (for Dr.)

BUBSIDIARY COINS.

Hongkong 50 cent up.

10

"

Canton cotas A Bar Silver in Bangkong On the proposition of the chair-cause a setback, perhaps acute, Chinese Copper Cash

The evils of a bad Rate of Native Interest ful force.

Chinees Sub. Coin man, seconded by Mr. G. L for Eastern speculation is a power-Chino Copper Conta.. Campbell, the report and accounts

however, rainfall,

bave been forgieng Suh. Cola. were adopted..

mislmised in recent years

proved 'conditions of communica- by vast Irrigation schemes, im- tion by land or water, and the very Careful organisation and reserves, put up specially to deal with such an emergency when it arises. The On the proposition of Mr. Am-Great danger used to be the diff brose, seconded by Mr. B. H. Gow-culty of bringing help to famine ing. the appointments of Mr. A. stricken areas Aeroplanes, how W. Burkill and Mr. G. L Campbell ever, cannot fail to be of great as Directors were confirmed and assistance, in Mr. C. A. Skinner was re-elected a director of the company."

It was proposed by the Chair- man, and seconded by Mr. A. W. Brankston, that Messrs. Thomson & Co. be elected auditors of the company at a remuneration of Tls. 1,000 per annum-Carried unani- mously,

This concluded the business of the meeting.

SILVER IN 1924.

SAMUEL MONTAGUE AND Co.'s REPORT,

The range of prices during the year was slightly more than that which obtained in 1923. The highest quotation was 36 1/16d. fixed for cash delivery on Oct. 9, and for forward delivery on Oct. 8 and 9. The lowest quotation for cash delivery was 311⁄2d. (on Dec. 29)a: d for forward delivery 3154d. (on the sante, day). Thus the range of the cash price was 49/16d. or 13.5 per cent. (calculated on the mean price) and that of the forward rite 47/16d. or 13.1 per cent. Both highest and west prices were seen in the list quarter of the year, the range for the first three quarters being only had. (6.9 ner cent) for cash delivery, and 25 d. (7.7 per cent) for forward delivery...

Though actual movements, of silver in London have been diminished owing to the reasons. above set out, dealings in silver for forward delivery have been qulle active. Very large specula tive accounts for China and India have been opened and closed, necessitating, as customary, exten $ion from one two-month period to another, and a considerable amount of business has been transacted in

London as the world's silvercentre for foreign clients, though the silver was not imported into the United Kingdom, but was shipped an instructions of the buyers direct to them from America and else where.

Internal strife in China has don tinued to create speculative move ments in silver and China exchange. The situation, obscure, as always to Western eyes, at times seemed to clear. Feng, the Christian General, transferred his allegiance from one

as, a con-

cases of extreme

w

par

* 1%.dia:

9% die. 287.00%, dis.

10 pm.

...10% pm. ... 8 m.

&% in but ...281%dis. %dis.

isolation. Taking into account the improved condition of trade in the Far East, the possibility of coinage demand from the Continent, and the present comparatively low level reached by the price of silver, there appears to be some ground for hopeful view of the future of

the market during 1925.

LOCAL SHARE MARKET.

QUOTATIONS,

OFFICIAL

MARCH 4

A.M.

Stock Exchange

Neon Aw

1 apk 1.S.B.C. T.T. on selling rate

London

MARCH 4. Sharebrokers' Assoc

2/3 6/8 and on Shanghaf

473 Hongkong Banke 1:30 b. 1240 London-2148 m.

Eli b. Chartoned BuDX

e.lib. P.&O. Eank. *** East Aals Bank... ...196 b Mercantile Bank A B £lib.

do.

Marine Insurances. Canton Insurance........ North Chins Inorance. Union Insurance

Insurance Yangtire China Undira

For Kuaterns

Fire Insurances

રા

**

2/31

$73-1/1

b. 1925

h

£81-1/4

m. £11 b. ' 98

£19 404138

740 b. 745 is

4. 755

140

b. 160 1

b. 493

盖雾

+1

b.

196

1, 715

$ 140 D.

1260 b.

4zh. 3.06.n.

8 196 b

China Fira Insurance ... Hongkong Fire Insurance... 710 n.. Shipping

58 h. Dinglanos.** H.K. Steamboats...

...36 & EA Hongkong Tugs and Lighter 14.82 n.

$28. Indo-Chinas (Pref.

120 m.

www

do ta (Def.)) ...

do.

་་་

(B.K. Reg.) Shell Transporte - Far Forrice Wataribonts the Oriental Nav. Co. refineries

Akina Sugar Malabon Sugar Vicing

་

Mra J. B Mo Mr G. W. Burns Michael Mr E. Carlton MTE. W. Millor Mr & Christopher Capt. and Ms I.

Milla

вод

Dr. Christopherson Mr and Mrs T. EL. Mra Ohristopherson Moore and child Mr and Mr W. & Mr R. B. doorbond

CorE' 11

Mr A. S Murch Mr J. E. Tangrar Mr W. No word Mrra B. Dean Hr E. B. O'Farrell Mr W. Bagen

Capt. & Mrs Fearse Miss Poarta.

IMPULS

TAT

BOTIL

Mr & Mrs C. a. Mr & Mis.. Odolf

And-children

Bannerman

Mr & Mrs J. FebarMr and Mrs J, N.

and child

Parker

Mr and Mrs A.Mrid

Brostedt

Schryver

Stron

THE BANK OF EAST ASIA, LIMITED.

HEAD OFFICE - HONGKONG. Authored Capital

$10,000,000, // Paid-up Capital......................... $6,000,000, 4 Rower Fund $1,000,000.

DIRECTORS!

Hon. Mr. Chow Fang Ping Shan

Id Koon Jhan

P. K. Kwok-

Ng Ching Lak Pong Wal Ting

Bbon Bon-Chairman. Mok Ching Kong Wong Yan Tong

Hayah Tal

Ku. Ying Po

Chan Ching Shek

Every desorption of Banking and Exchang: • ⠀ basinoes transacted. Loans granted on approved wcurities.

SAFE DEPOSIT BOXES to lo

-KAN TONG PO,

“Chief MED

Hongkong, 18th February 1925.

NEDERLANDSCHE HANDEL MAATSCHAPPIJ.

(NIEKORLAMTM Tranino doorsTE;),

ESTARIJESTÉ 1834. - Horizon Brann Estämissum: 1906,

Authorised OxpIta 3. 150,000,000 £12,500,00 Fald-Up Capita. 80,000,000 £5,654,57 Barra Fand 30,045,093 £ 1,870,419 Special Reserves...G. 23,580,000 £ 1,988,880

HEAD OFFICE:-Amsterdam, FASTERN HEAD OFFIOR :-- Batavia.

BRANCHES:

י

יד

Banderas

Calotitla Djokjakaria Kota Pada

Rotterdam

Padang

Perang

Blagapore Tegal

Mra

T."

..

Mrs E. Borke Mr. C. B. Stank Mr and Mrs A.F.A.Mr & Mrs Van der

Carleton Dr. Donelan

Lth-col & Mira Ete. Mr and Mrs F, 0 phons

Deking Dura Mr and Mrs A. W. Mr. Franklin Vacs del

and mother Mr V. Veroon Geste & daughterMr and Mr E. C Mr and Mrs: 1. B.Mr Y. Walk Mr and Mrs P.M. Wood

Hrdgron

Mr and Ars F. J. Mr & Mrs E. Land Wright

PEAK HOTEL.

Fe' uary 20.

"Dr J. W. Anderson Miss G. Kennedy

Mr 8. A. Arthur Mr M. F. Key Mr & Mrs T. Arthurðir and Mics E, 5. Miss E. R. Baily Kil

Me and Mra L... F.Mr & Mrs A. Lane

Bellamy

Mr and Mrs 8, E. Mr J.W.. Bobose Langatoz Mr and Mrs. T. G.Mr K. (Fo

"Bear att

Mr. and Mrs G. D. Mr W. Bouing Leya Mr M. J. Breon

Miss Loys

Col & Mrs C.Russell Major A. 8 Little

Brown

johns

Mine P. W. Brown Mr L. M. B. Lloyd Mr B. D. Carothers Mr J. D L'orá Capt. & Mrs J. 0.Mr W. H. Look

Carpenter Mr and Mrs W. MrR E. Oleland"

Logan

Mi M. Cooper Mr D... Log

Hr 1. A. Cormack Mr and MissTa A. Mr and Mrs W. A. Martin

Cornell

Mr J. Mesinsh Mr and Mrs J. D.Mr R. McGregor

Mr.F E. Mimmack

Darby

Lt. Col. R. A. Dob.Mr and Mrs 7. W.

ble

11

Muntos

Mr and Mrs J.Miss M. W. Nows-

Dancas

Mr. Samore Eth Mies Ellie

holme.

Mr W. Ogden

Mr F. Ollerton

A. H. Peau

A.Major and fra F. H.

Phillip

Mr and Ms R. R.

Remington

Mr A. Ritcho

Min G. Fotbargill Lt-Ool, & Mrs O

Facders

Mr & Mrs 1.0. Scott

Lt. E. C. FrederickMr R. P. Shaw Mr and Mrs W. D.M. R. H. Shelton

Goodfellow Mr and Mrs T."F. Mrand Mrs Goo. W. White Faith

Gray

Mrs & Mia Ú, F

n. $5,80

B

*TO

Mr W. E. Dye

38

Mr

120 a.

0120

434 д

Mr and Mrs W.

Eustace

179 581 a

brg

Mr A Forbes

€ 17-1/4 0.

. 19.10

Miss M. Forbes

$265 11.

1. G

Mr R. J. W. Foster

£97.8.

b.64

140.

D 41

Mr and Mrs F. P.

Traklio

您准

57.6

3.

a, 6-1/2

n.. 91

350 n

56/..

b. LT/-

81-

P. 2,80 b 1.80

$ 193 a I.d.

138 a. Tis b.

199 x.d

3. 135 am 133/6

118

... $81 b.

b. 81

$206 1/2 b.

Hafan Mining Adra.

Omb. 122 6. k sà Langkats ***] Shanghai Loans 57 m. S'hai Exploration...) $5.10. Anglo Langkats #9) b..

Roh Mines

Ura! Cann Benguet don

530

Docks Wharves, Godowns, &c.

1. & K. Wharli

9. & W. Dook.... ...... Shat Docks

acerings... New Engine H. K. Engineeringe.. Shanghal Rongkows

Hotell & Lands,

& Buildings S.K. & Ghal Hotele § 17; b. & sn New– 17) a.

..70 cts. b. 50 3. I.K. Developments

Hongkong Landt...

Humphreys Estates...

Kowloon Lands

Land Reclamationa

Princes Building, te

B.E. Realty

R.K. Territoriale.... Rural Lands... ** Gelton Wills.

Ewo Cotton Mills, Ltd. Kong Yike Lou Kong Mows...

Orientals...

Ebanghal Colton ****** Fangterepoos... Miscellaneous,

Cements .The

now re-

The figure is somewhat lower than that appearing in last year's aunts, but is entirely due to the fact that the company completed great protagonist, Wu Pel-fu, to and delivered considerable Chang Tso-lin, and, amount of tonnage during the sequence, Peking fell into the

hands of the latter, months of November and Decem-

China would, ber, leaving our building berths chief rulers in

the old under

regime, be clear at the beginning to handle the new work for which styled Viceroys, but contracts have already been signed. resemble the barons of medieval Sundry debiers.-Tis. 229,083 54, Europe, who maintained a more or less continuous contest against shows an increase of Tis. 19,000 00

Owing to the non- as compared with last year, which, each other. with the exception of a few smal accounts, covers perfectly sound and current outstandings, a con- siderable amount of which has since been liquidated. The re- serve of Ts. 8.559 64 is more than | sufficient to cover any doubtful

debts.

INCREASED INVESTMENT

HOLDINGS.

$

Investments. Tls. 18,745 cover the same holdings as last year, while, the cash balance of Tle.) 380,931.5 shows an increase of

TO GET RID OF YOUR HEADACHE.

Nine headaches out of ton are due to Intastical inactivity. Dispel your con- stipation with the aid of Pinketter, the dainty little liver and bowel regulators, and these beudacho will disappear.

PINKETTES

just over The, 81.000 as compared also banish livorishness, billonsdeer, with 12 months ago, and is offistulence, purify the breath, elnar the course, chiefly built up by the skis, relieve Piles. Of chemists, or post free, 60 cents the vial, from the profils shown by the accounts in Dr. Williams Medicine Co., 60 Kisuges your hands.

Road, Shanghai.

96.

191 b 20 %.

... $150.

Mr and Mrs B. A. Stubbicgs

Halo Mis M. B. Hal Mrs

Mr and Mrs E, F. L.

Bturdes

Howker

Mr and

J.Me G. P. Burdes Hancock Mrs. Thomson MrJ. B. Hawker Mr&Mre Thwaites Mr and Mrs W. J. Miss Thwaites

Mr A. W. Kioklė Mr G. M. Hemm Lt. Col. and Mre H

worth

Trevalyan Lt-Comdr. 0. F.Lady E. ̊C. Turnor

folo

My C. M. Vise Mr H, Howell Capt. R. F. Walter MrFL Jenkins Capt. A.E. Watts (b 17 16.8017 Kaw-n 17) M*, L. Jenkins Miss C Willmott

b. 70 Conta

19.80

180

4.80.b.

B.

14. $10 n.

b. 434.80/80

$19 b. & s

b. 12

"T. b.

12.1/1

T ́60-1/8 v. New 882 n.

. Bi Có New lên.

་

#18-1/4 b. x.d. New 6 b. z.d Cementa "Combined 897) b. x.d China-Borneos ***

++

China Lehta (Old) *** 120 p.

do (Now) 14 5. Comb. 23 n Chins Providenta $18) . New 9.20 3. Providents Combinad

#81 b. 89)

Dairy Farms. He

Hncao do

بوية

H.K. Electrics...

***

***

$65) b. 55), W6 38. ****** $ 47 n. Hongkong and Canton Ices -

$54 n.

.. '68 CA.

$15.

...$9.

Hongkong Ropt. 18 D. Now 10.20 n koper tombined...

Hongkong Tramways.m

Fank Tramwaya (Old).......

Do.

(Now)

Steam Laundries B.K Steel Feosdry Piston'

Wo. Powells.. Lans Crawfordt aan. Vari Canton Ica 201 H.K. Construction": Nanyang Tobacco Bindered.

Hackintosh

H.K. Taxis

Ubins Bus

Singapore Tiam

Ph

Dor A Wing folly paid

hart. Donald

(b. 19 x d Neb.xd *Comb. d. 17.10x.d en 17.10.25xd

b. 18) (Now b. 18" Domb. b is 771

(n. 18 New 890

Comb, h, 281.

b. tsi

n 16 New 10à

b 12 ab.

08.112.

1. 12

21

$21 b & Now 14 m. fea 21 Nov 14

15,

$19.

* Bb. in 182.

·Valted bentos (Foundera)

· 13-1/2'n

11.b.

1.31.

(Ordinary) 10 n

is

Miss . . Jenkin Mr and Mm F. D. MrG.8. Hugh Jones Wood

Mr W. 4. Jordas. Mr G. U: 'Worl

\PALACE HOTEL

Mr A. Aroli Mr O.EL Haslowood MrB. A. G. Barratt Mr-J. Jack Mr W. A. Bennett Mrs MoCav MrB. W. Campbell Mr J McDonald MrP. B. Chiobgar Mr. B. J. de H Mr J. 8. Oox

Mr W. B. Cull

Moore

Mr M. Simpson Mr and Mrs N. 8.Mr H. Smith

DAVer

Capt. L W. Smith Mr. B. P. Davies Mra Stringer and Mr H. Davis

Mr 8. Forshisida Mr and Mrs

Goldenterg MrA. Hall Mr A. G. Fake

child

Me A. P. Tennen E taum

Mrs G. Taloch

Mr A. J. Wadmore

Mr W. Waller

THE MERCANTILE BANK OF

INDIA, LTD.

HZAD OFFICK

16; Graechurch Blewet, Lozdân, Z. U. s.

Authorised Capital

Subscribed Capital

Paid-up Capital

Reserve Fund

£3,000,000

1,800,000 1,050,000 -1,260,000

BANKERS! The Bank of England & Midland Bank, Lid.

BRANCHES

Bangkok Gulla

Határia kama ROBE Homy STAN Dalmia Kandy". Dolombo - Marački

Kunin Madras New York

Figala Kingapore Fort Locks (£auitclaw),

Bowalaya

argum

Kota Bha

HONGKOVÝ HRANOU, Buy decription of making kod Kastanga boni INTEREST Milowed of Carrint Accounts sË 7 päi secl paradum on Dully Balance and on Fixes De positi straten that may be ascertained on application

· F. D. 14086,

* Quench Bond Castral, BONBONE, FARMAIT 31, 1928,

Losing Mazogu-

*

Bandong

Bombay Cheribon Dembe

The Hague Kobe

Mak

Medan"

Palembang

Pecalonga

Pentin

Rangoon

Bomarang

Shanghal

13

Boerabak

Soerakaria (Bolan

TFlaty

Weltevrede

LON DON" BANKERST

Natia Presvincjul Bank Lari.

Carre pondenta di or the world.

BANKINU BUSINESS OF EVERY DESCRIPTION.

W. H. GROSKAMP.

Agent.

Bongkong, November 4, 1924.

前公理管業實法:中

SOCIETE FRANCAISE DE GERANCE

DE LA BANQUE INDUSTRIELLE- DE CHINE. ETABLISSEMENT FRANOO CHINOIS.

(Incorporated in France).

5, Chater Road, Victoria, Hongkong HEAD OFFICE: 14, Rue St. Lazare, Parla.

Subscribed Capital fully

Frs, 10,000,000 paid-up Reserve Fund ..... Fra. 10,800,000

Working fund provided by THE BANQUE INDUSTRIELLE DE CHINE

Paris!

Frs. 50,000,000.

BANKERS:

Societe Generale,

Banque

Banque de

Nationale de Credit. Paris at des Pays-Bas. London: Midland Bank, Ltd. New York: Irving Bank Columbla 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 Spacial Imperial Charter, 1809.

Capital Subscribed ...... - Yen 60,000,000

Capital (Paid-up)

Reserve Fund

יד

Yen 52,500,000-

Yun 12,080,000-

HEAD OFFICE:

TAIPER, FORMOSA.

BRANCHES: "

JAPAN-Tokyo, Yokohama, Kobe,

Qanka, Moji

FORMOS-Giran Kagi, Karenko, Keelung, Makung, Nanto, Pinan, Shinchiku, Taichu, Tainan, Takow, Tamani, Tobyen, Ako.

CHINA Shanghai, Hankow, Kinking, Amoy, Foochow, Swatow, Canton, OTHERS. Bargkok, Hongkong, Singa- Samarang, Soerabaya, Batavia, Bombay, London, New York.

pore,

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

The bank bra Correspondenta in the Commemin Contrain the Kuropera Chotinent, Dumin, Man shuria Toingiao, Japan, Indo-China, Bian, inilla, Pallippine Iolanda, vara, and Daten Isles, ASU ratis, America, Afilm, de.

Interse! allowed on Cistent devount, and Pized Dapelle at rates whileħ will be quoted on applian tiva.

Z YAMAMOTO, Manager. HONGKONG BRANCH,

#

8, Des Voeux Road. Central Hongkong, 5th June, 1924.

THE BANK OF CHINA

(Bpecially Authorised by Presidential Mandate of the Republic of China on the 22nd of November, 1917). Authorised Capital Paid-up Capital Reserve Fund

$00,000,000.04 $18,278,000.00

0,020,426,21-

HEAD OFFICE: PEKING.

BONGKONG BRANCIL QUEEN'S ROAD CENTRAL. Branches and Sub-branches sil over China and Correspondents in Europe, America, and other parts of the world, Lendon Bankers: The National Provin

chat and Union Bank of England, Ltd. The Guaranty Trust Company et New

York.

New York Bankera: The Irving

National Bank.

The Equitable Trust Company of Now

York.

Interest allowed on Current Accounta and Fixed Deposite Terms on applica tion...

Every description of Banking Business transacted.

Loans granted on approved securitiek. Spacial facilities for Home Exchange.

* TSÜVER PEI,

Manag.