1925-03-19 — Page 2

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HONGKONG & SHANGHAI

BANKING CORPORATION,

ARAD OFFICE: HONGKONG,"

AUTHORISED CAPITAL...... $50,000,000 ISNUED AND FULLY PAID UT $20,000,000 RESERVE FUNDS --

STERLING... € 4,500,000° SILVER...... $6,300,000

RESERVE LIABILITY OF $20,000,000

PROPRIETORS........

COURT OF DIRECTORS:

Q.M. Young Exy--Chairman, H.P. White, S.-Deputy Chairman

Hon. Mr. A. O. Lang.

B. D. F. Balth, Baju

A. H. Compton, B.

W. L. Patiendam, Baq, J. A. Plummer, Big,

W. H. Ball, Esq.

Hon. Mr. P.H. Holyoaki T. (7. Well, Baq.

CHIEF MANAGER:

A. H. BARLOW, Esq.

Manager: Shanghai-Q. H, STITT, Eng

TH

LONDON BANKEEŊ.. 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 quoted on application..

Hongkong. Elst 1 "bruary, 1335.

COMMERCE AND FINANCE.

SUGAR INDUSTRY.

SIGNS OF RECOVERY IN HONGKONG

11

INTERESTING FIGURES,

THE CHINA MAIL.

advocated in various circlesmus.

The Cabinet, authorities are of

| the opinion that the enforcement of the bill wili induce a higher cost this in time will have an effect on of living, threaten the standard of scrap rubber values." No ganerai [living, and increase the imports. rise in the price of waste rubber | All these circumstances taken into.

be either predicted or consideration, the Cabinet anticipated until the very large hesitating to introduce the bill into accumulations all over the world the Diet, it is reported.

САП

1s

More money was lent'abroad by American lavestors and institu tions during 1924 than in any previous period outside of war years,

EXCHANGE.

Hongkong, March 10th, 1885.

Un London.

Bank, Wiro..

Os demand

...1/31/10

20 day's sight... 4 months' sight...2/31/1 Oradita, 4 monsha* sight ...9/4-3/ Documentary;, 4 months right, 9/4-1. On' Paris-

On demand...

1040 Oradit, month? sight... 1140 On demand,

On New York-

Oa demande, Cradita. – 80 daya" algħa On Bombay

Wire

On demand...

W

are reduced and consumad, which must inevitably be a steady and U.S. INVESTORS' RECORD. lengthy process. The volume of In view of the prominence the business, however, at present sugar industry takes in local transacted in a limited number of commerce, the following from the grades demonstrates that, to those "Chinese

Commercial News," who specialise in the business, the (organ of the Hongkong Chinese collection of waste rubber remains General Chamber of Commerce) |'a paying proposition. The world may not be uninteresting.

seems to be settling down after The Commerce Department re0 Jaloutta- Since the advent of spring, the the great upheaval of five years ported that tabulations by Tr P. sugar business in Hongkong has ago. The economic rule seems to Goldsmith, chief of the finance On Singapore

steady revival of investment division, placed the been very dull but this week there point to a I have

signs of international business culminating total of foreign securities prochen ample recovery. Purchasing agents of in the inevitable boom period. offered in the United States for the Canton, Shantung, Tientsia and India Rubber Journal.

year at $1,208,438,394, as compared Hankow buyers, have all bought, I

with $538,315,500 in 1923, and $841,335,000 in 1922. with a comparative Increase in prices. The following is self- explanatory.

been

Delivery In

May

June

Quotations on Mar. 10 Feb, 20.

12.875 12.50 12.375 11.875

HONGHONG SAVINGS. BANK.

July

12.125 11.50

August

THE

'September businom of the abovo Bank la conducted by the HONGKONG

October... 1175

AND SHANGHAI BANKING.COR. PORATION. Rules may be obtained on application.

INTEREST on deposita is calculated on the lowest balance during onch com plated, Calendar Month at 3 per cent, por anum. Should there be no balance on any day in a month no interest will be allowed for that month.

Depositora may ranefor at their option Balance of $100 or more to the MONGKONG & SHANGHAI BANK to be placed on FIXED DEPOSIT at CURRENT RATES. ·

11,625 11.25

11,625 11.25

November...... 11.75 December...... 11.875. (Above are Java quotations guilders, per picul, for No. rough white sugar.)

DUTY ON PIG IRON.

+

JAPAN DECIDES TO RAISE »

IMPORT TARIFF.

On demand....

A

THURSDAY, MARCH 19, 1925.

HONGKONG HOTEL.

Warch 15:

Mla A. and F.

Mr L. Adler

Me and Mrs P. M. Hamilton

Alken

Mr G. ». Harriman Hr R. T. 0. Aitkon Mr W. D. Hawes Mr W. 6. Allon Mr and Mrs. A. Ba

Mr and Mrs A. W. Hersos

Van Andel Mr & Mrs A, Hicks Er G. Apfelbaum - Mr A. R.. Jobaston Mr. Aubry Mr & Mrs E Eller Mod Mrs J. T.Mr & Mrs Koiling.

MEBARIOD

...

husen

Mr F. O. Rakan Mr.O.P. Keshew Miss H. Bardorelli Men W. E. Kimhall Mim K. Barlow Mr and Mre Jean

Kooth

Me & Mrs N. Baal

Ura_E. R. Bellice Mr and Mrs I. R. Mr V. Benjamin Kraakman

Miss F. Lillie

162

Mr J. Bennett

Me and

On demandi

wolland.

Mr R. G. W. Be.. Lauritsen

pread

Kirs

0.

***

971

Ma P. P. Lefevre

MEH. Bickerton

Mra E. Liddell

Mr RJ. Birbeak

108

Mr Blanketaki

Mr M. Blans

TH nom.

Mr G. Bowack

Me T. B. Brown

Shanghai-

On demand...

30 days' sight (private paper) Oa Tekohams

TOME.

On demand t Gold Leaf, 100 five (per taol) 47.80 Bovardigas (Bank's baying rata) 8.57 Bilver (per os.)

31 1/16

SUBSIDIARY OBTIR.

More than $1,000,000,000 out of the -1924 rotal went to foreign govern- |

mente,

national, provincial or municipal, while $132,907,500 was borrowed by corporations on their own bond issues Europe was by far the largest borrower, taking Hongkong 50 cente sub, ... par. 5567,770,000 of the total, while

PT. Canada and Newfoundland took

5. dis. $244.295,844

Canton oo!na

...997.50 % die.. Bar Silver in Hongkong...10pm. Chinese Copper Cash ... 10% pa. DI..

-17

10

5

19

An increase of the duty on imported pig, iron by the Japanese Government was decided upon on February 28 after the recent com- pletion of the investigation conduct The statistics do not cover the by the Finance Department, it was entire field of American invest-Obizone Copper Conte- reported. The Government plans. ments made abroad, it was ex- into raise the tariff, taking advan- plained, because accurate figures tage of the prospective termination on bank credits, commercial of the Anglo-Japanese Conven- accounts and direct investment tional Tariff on March 10,

by Americana in stocks, bonds and property, and other countries, are hardly obtainable.

24

The national tariff on pig iron is fixed at 10 sen per Ica kin but the cou ventional tiriff is put at 8.3 sen, or Y. 1.40 a tón..

Quotations on Delivery in Mar. 9, Feb. 19. March ......... 3.05. 2.80 May

...... 3.10 2:925 July

335 3:10

For many months past a plan has September

**** 3:375 3.225

been discussed among the Govern December 3.403:275 ment anthorities and Japanese (Above are Cuban quotations insteel interests for an increase of

S. Gold dollars, per 100 pounds, for Cuban sugar.)

For the HONDO & FEAHAU.

BANKING ConvŪRĄTION,

...H. BARLOW,

Chief Manager.

Hongkong, 7th January, 1926.

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

INCORPORATED BY ROYAL CHARTER, 1858. HEAD OFFICE: LONDON.

.£3,000,000 ....23,000,000

Paid-up Capita)

Reserve Fund

Reserve Liability of Pra-

"

prietors ..................

(23,000,000

.WASTE RUBBER IN 1924

PRICE REMAINS STATIONARY..

1

the tariff to Y.12, evidently with the object of protecting the domestic steel industry. A movement was once started by steel merchants of this country with the Goven- ment authorities for the increase of the duty on pig Iron, with the object of totally excluding for: During last year, in spite of the cign from products from Japan. fall and subsequent rise in the This movement induced the value of the raw product, prices of Anshan Steel Works, run by the scrap rubber remained practically South Manchuria Railway Com stationary, while the volume of pany, in Manchuria and the business was steadily maintained. Penchihu Colliery and Steel The stimulus applied to the rubber Works, maintained there by Okura position by the Restriction Scheme C Co., to ask the Government for in the spring of 1923 gave a much special protection to be accorded FOREIGN EXCHANGE and General needed fillip to the scrap section the products of these plants. Banking business transacted.

CURRENT ACCOUNTS opened and of the Trade, not so much in the These plants hoped for the inclu- FIXED DEPOSITS received for 1 year way of improved values as by sion

products with shorter period at rates which will be creating a spirit of optimism, en-Japanese pig, iron.

This request Tooted on application.

couraging those engaged in the was denied but, as a recompense, ! "A. H. FERGUSON, collection and distribution of the Government has decided to Manager. waste rubber to continue their pay, a subsidy of about Ys per ton Hongkong, May 8, 1923.

efforts at a time when this section of import iron from Manchuria for of the trade seemed to be falling the protection of the Japanese BANQUE DE L'INDO-CHINE into decay. The lean times through Steel industry in Manchuria. The which the trade as a whole hid extent of the increase of Customs been passing Induced not only the duty on foreign pig iron is not yet | planters but also the reclaimers to known, since the Government seriously overhaul their production keeps the matter secret, but it is costs, with the result that reclaimed generally believed the tariff will rubber still retained an important be in the neighbourhood of Y.6 a place in rubber manufacture, and ton, judging from the amount of the need for a regular supply of subsidy for the Manchurian Singapore scrap rubber consequently remain products.

HEAD OFFICE:

P6, Poalerard Hausmann, Paris. Subscribel Capital... Fra. 72,000,000.0 Paid-Up Capital Fr. 68,400,000,00

Bangkok

Fr. 59,667,28,84

BRANCHES

Reserva Funda

Hangtong

Battambang

Mangise

CARLOR

Noumes

Djibouti

Paporte

Halphone Hinkov Faci

Peking

Baigoa Shanghai

Tiental Toursac

Yunnan a

From-Penk Pondicherry BANKERS: INFRANCE Comptole Nations d'Excomp des Pays-Bas; Credit Intzariol at or de Parke: Graili Lyonesia, Banque de Parise

Bociste Generale..

IN LONDON The Neiional Provincial & Dan Biak of Eaglaad, Lad. Complai Natot l'Escompte de Faris Crell Lyonnis

IN NEW YORK: J. P. Morgan & Co. French Ameriona Baking Corporation: Gray Teast Co. of New York.

Taieren allowed on Ourrent Accounts and Fizet Deposits according to arrangement.

Every description of Basking and Erohang

Basinam trausted.

A. LECOT,

Manager Hongkong, March 20, 1984. THE YOKOHAMA SPECIE

BANK, LTD.

ed.

of

their

LIKELY TO ADOPT IT. The matter was submitted for consideration to the extraordinary steel industry investigating com

Minister of Agriculture and Com- mission which held its third meeting with Mr. Takahashi,

merce, as president. It is most likely that the bill will be adopted at the meeting,

1924 as a whole provided nothing sensational for the scrap rubber dealers, although it is probable that exceeded that of the previous year. the volume of business transacted

The movement of scrap rubber from the United States to Europe continued to develop, consisting of specialities such as floating motor tubes, white waste, and certain

This step is of serious signifi grades of light specific gravity cance internally and externally, which have become popular as because the prospective enforce- reclaiming staples, because of their ment of the increase will virtually quality and uniformity. Owing to end the importation of pig Iron from abroad. The largest amount the large accumulations of scrap rabber in the United States, there of pig iron to Japan is brought was little or no movement the from British India to the total reverse way. It would appear that annual amount of 300,000 tons and so far as the home marker is the practical standstill of the concerned, the collection of scrap importation of Hindu Iron will rubber was practically confined to spell ruin to the Jip mese shipping motor covers, tubes and solid bus interested in that service. In some tyres. Motor covers, however, al cases iron transportation forms the though still a standard stock for the principal

of Japanese Capital (fully paid-up) Yen 180,000,000 reclaimers, were Beserve Fund

Plentiful in steamers. Yen 80,500,000 the different industrial centres that

The fact that Anshan pig iron Head Office:-YOKOHAMA,

there was no need nor would it was given special favour of have paid to move them from one subsidy by the Government is town to the other, Red motor tubes said to be brought about by the Branches and Agencies at:

Newchwang.

were in steady demand both for Nakamura, a member of the steel instrumentality of Biron Yujiro reclaiming and also for special parpases, with hardly any factua-industry investigation commission tion in value. Floating motor tubes formerly president of the South

of the Government, who improved sharply in price towards Manchuria Railway and founder the end of the year, and word of the Anshan Steel Works. perhaps the only important grade |

Batavia.

Bombay.

Calcutta.

Established 1880,

Buança Ayres..

Changthum.

Daimon (Dalny).

New York.

Озька,

Piking.

Rangoon.

Hio de Janeiro,

Tangtion (Mükden). Saigon.

Hamburg.

Hankow.

- Harbin

Honolulu.

Min. Kai Yuan,

London.

Hoba

+ Los Angeles.

・Layons.

San Francisco," Seattle. Shanghuli

Shimonosokk. Singapore.

Scerabaya.

Sydney.. Tientsin.

Tokyo. Tainanfu. Nagasaki.

Taingtau. Nagoya.

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

C. ARIMA, Manager. Hongkong, 11th March, 1926.

000000000000000 Everything Now! New Bhop, New Stock Now Prices. Bk Baltable for your pocket..

All kinds of Indian and Chine Bilts, Shawia, Embroideries, sta always in stock.

BIND BILE STORE,

Queen's Road Citral,

of scrap rubber to feel the effect

of the Improvement in the price of

assets

Was

for

!

Charles E. Herring, commercial attache at Berlin, reported that unofficial accounts fixed the total of short-term credits extended by American bankers and others to German interests at $515,000,000.

Rate of Native Internet In 7% ont Chiasso Bab Coln ...29% dis Roogkong Suh, Cola...1/15% dis.

Mr. A. W. G.

Browne

MM.P.B. Maraball Mr D. Madallas

Capt. A. W. Makin

log

Me D: Molood

dr H.

Mr. F. Buchanan Burgh

Mr R., Bardin"

Monkla

THE BANK OF BAST ASIA. LIMITED,

HRAD, OFFKK HONGKONG.

Authorinal Capital: 10,000,000. Paid-up Capital mens B5,000,008, Reserve Fund cost. #1,700,000. ~ DIRECTORS:.

Koon Can

Hon. Mr. Obaw Shon Son-Chairmas Fung Fing Be Mat Ching Kong Wong Yan Tong Bayub. Ti Kai Ying Po Chan Ching Shak

P.E. Krok *Ng Ching Luk

Fong Wil Ting

Every description of

treated.

approved securities.

Banking and Exchan

Loans" "grandad'

SAFE DEPOSIT BOXES to l

KAN TONG PO

Chital Manage

Hongkong, 10th February, 1925.

NEDERLANDSCHE HANDEL MAATSCHAPPIJ.

(Naritsstande Tzanore Boccari:).

Estasezam 18.

Hewstown BraNOK ÉNTARUTIERm 1906..

Anthorised Cap{{su 17, 180,000,000 $12,500,00 Mo-Fald-Up Capi.G. 80,000,000 £ 6,668,07%

Mrs J. H. Mr G. W. Buros Michael

B. Cariton +8. Christopher-Capt and Mrs L

Mr

Mr B. W. Miller

DC Obristopherson Mr and Mrs T. E. Mrs. Christopherson Moore and child Mr and Mrs W... Mr. R. B. doorhand

Corn

Mr A. S. Murch Mrd. E. Dangar Mr W. Norwood Me&e B. Dosa Mr E. H. O'Farrell Mr W. Hsgen Capt. & Mrs Pare

Mixa Pears

REPOLEN BAY HOTEL:

Bannerman

H. Mr and Mrs A. W.

Vanaadal

U. Mr and Mrs J, N.

Parker 0 Mr C B. Shank

CHAMBERLAIN'S PAIN BALM. M. & Mrs C

A feeling of warmth, comfort and relief from pain follows an application Mr and M. of Chamberlain's. Pain Balm. It is a ་ Koabler paina, which reduces painful swellings, Van de Steen penetrating liniment for deep seated Mr & Mrs W.

Me and Mrs. 1. H. reliovas stiffness in rauscles and joints Mr J. Mayer Easily applied and feels good to the

Geare * daughter and leaves one fealing supple and setive. Me and Aro. F. 3 Mr and Mrs P.M.

Wrigh Akin. Sold everywhere.

Hodgson Mr&r E. Landir V. Versgn. Eth-Dol. Mre Ste. Mr and Mrs AE.A.

phons

............. Carleton'.. Mr and Mrs T.

Fchryvor

LOCAL SHARE

MARKET.

OFFICIAL QUOTATIO VS.

'MARCH 19. Nam

4ank.

8.8.8.C. T.T. on soiling rate.

London

MARCH 19. Sharebrokers' Astɔaint‡oa...

II

AM

-Stock Exchang

2/5.1/4

·2/3-1/4·

478)

#731

es. 1936

est! h

b. £81-1/2

P.&O. Bank.. Est & Bank Marcantile

***

19 £ub. ..$100 b

and on Shanghai Hongkong Banks 1135 ; & sa London-£140 Ohartered Bank....

Marine

Canton

A 279-1/4 b. £13-1/8. b.

**

743 be

b. eir

b. 99

b. "&" 2991

b. 13

b. 745

140 m.

. 148

J

218 n

17. 185

*

$42.

[+

F

TH

3 n.

North China Inturvace Uslas Insurance Insurance Yangtere

Obias Undirr

Far Westerns ...

Fire Insur&UOŠI

Chins Fire Insurance....

141

H.R." Steambosta

Hongkong Tags and Lightor: $4,70 8. Slo12-Ohtuns (Prof

da: (0) do. (B.E. Reg.). Shell Transports Star

Ferriar Water boats... Oriental Nav, Co. marineriss

TH

b 41-1/2

81.05

59 36-19

195 b.

b. 185

Hongkong Fire Insuranca..... hipping

700.

2. 716

Douglases...

$ 58 b.

.83535

B. 4.70

#38 1.

4. 28

120 D.

1814 998.

D. 130

1. 92/

183 a

b. 82 821831

# 17-1/4 0.

n. 28.10

$255...

n. 285

#71 b.

sta 70

M

#40 n

B. 41

5716 b

n. 67/8

b 25.11

they

b. 5

16.12 K

b. 11-1/3

# 330 a

n. 9)

BBf. b. 3. ป

4

P. 2.60 n

■ 188 sa 188.1/2

as 120

b. 124

b. 91.

Chins Bugar.. Malaboo Bizar intr Kailan

Mining Adm.

Bha18...

Comb. $15. Lowas 187 n. S'hai Explorations... 6 n

Single Langkats

Raba

Tronoh Miast

441

The

-

**

Ural Oasp Benguet Con... Docks Wasryes, Godowns, ds.

HI. & K. Wharle... L&W. Dosk

S'ha! Docks *** Now Engineerings...

H. E. Baginearings.

Shanghai Hongkows

FRI

[87.

Ti22) b

Lands, Hotels & Baltālugs,

H. K. & S'haj Hotels $ 15.805_New - 15.80 b.

K. Developments

Hongkong Lande...

Humphrogs Estates Kowloon Lands Lint Bedlamations Pelasar Ballding... B.K. Balty

8) Canta L.

891 b 92-1/2-

444

IN

́IK H.K. Territoriale in Beral Trads.....

Cotton Mille,

Ewa Cotton Mills, L41. Koat Yiki Lyon ng Mow.

Ociestals

Bhanchal Cotton.... Yangtaespon

Miscellaneoms, ^

Coments

$150 n.

$ 4,80.0

(ba 16 New-b 16

b. 55 Canta

160

5.. 4-1/2 4.4-1/3 ·

... 11.00

1..

$10.

$19 b. as

T. st., b.

F 63 b Now 093 b.

A. 59) Now 33 në

(b. 181,Now 6. 8:

[am]>#18} b. \Now 8-1/4 n.^- Usments "Combined ́ şir.10 b. Oblas Bornoby

Oblas Lights (Old) **

0211 s. 23 ma' də (Now) $16.6. Comb, JI b & us Calas Providents $168 . Now 8.69 b. Providents Combined : ... $991 b. 391.

Elsatriay Daley Far: ... 115, b. 28 av

$85 b

Mono do

W

Hongkong and Canton [18] -- Boogkong Ropa 18 n. Naw 10,20 m. Apa domined.... *$50.6. Hongkong Tramway!... 8134 h, 26 ma Paak Tramways (Old)...

Tariff Revision Shalved. The bill for revising the Customs the raw commodity. Red, white duty consequent, upon the termina and black mechanical scraps weretion of the Anglo-Japanese Con- hardly called for, and the fact that ventional Tariff will be presented for the time being most of the sole to the Diet in session and heel manufacturers concentrat indorsement, Independently of the ed on the latest craze for crepe sole general tariff revision bill. As rubber did not help matters for the reported previously the introductB.K. scrap rubber dealers, Activity in ion of the latter bill to the present the wireless industry. led to a call Diet is not thought likely to take, for abonite scrap of all klads, and place. On the contrary, the Cus- during the past few months there toms Duty revision question is were fairly important movements expected to be shelved altogether of hard rubber scrap. The demand. by the Kato Cibinet, in spite of probably to the fact that wireless is of Agriculture and Commerce. has now, however, subsided, due the opposition of the Department a seasonal trade.

Waile the Department author)- The scrap rubber outlook for los advocate that the prevafifug 1925, while depending as usual en Customs tariffs of Japan To top the health of the Trade as a whole cheap against the highest prices fa and ultimately on the value of raw vogue at ho me and that the increase rubber, would certainly seem to of tariffs will necessarily precluta be brighter than that for the pass an enormous Importation, the three years.s Opinion in trade Cabinet, authorities are opposed apparently assumes that in spite to it. The latter think that the of the sail factuitions the Jatroduction of the bill into the for present price of raw rubber, will be Diet will cause criticism at present meintalaod not increased and when the lowering

Do.

Sandels

(NA)

R.K. Stool Foundry.

Watson's

Wm. Foralla Las Crawlords

Caton las E.E: Uonstraction Nanyang Tobasco dinceras

HK Tatb

Mecklator

Uhlná Báisi logspora ?

Dar Wing

part

D

PEAK HOTEL.

March 14.

Dr J. W. Anderson Mr and Mrs A. a Mr 8. A. Arthur Kennedy

Miss E. R. Bally Miss G Kennedy Dr H Balean Mr M. F. Key

and Mrs L. C. F.Mr and Mrs X, B., Mr

Bellamy

| Mr J, W. R. BonnarMr & Mrs. A. Lang Mr and Mrs T. G.Mr and Mrs B. E.

Bennett

Langston

Mr and Mrs P. W.Mr K. Larsen.

Blackwell

MW. H. Bourne

{ Mr M. J. Breen

Me and Mr G. D.

LAYE

·Miss Loya

Col. Mrs C.Bussell Major A; S. Little

Browa

Johns

Miss P. W. Brown Mr I. M. 8. Lloyd Mr 8. D. Onrothers Mr J. D. Lloyd Capt. & Mrs J. G.Mr W. H. Look

Carpenter Mr and Mrs W.

Lozan

Mr. B. H. Cleland Mi-s M.Cooper Me D. C Logan Mrs L. H. Cormacker and Men T. A,

| Mr and Mrs W. A. Martin

Cornell

Mca J. Modinsh

Mr and Mrs J.. D.Mr H. A. Hili

Danby

Mr E E. Mimma

Lt. Col. R. A. Dob-Mr and Mrs F. W.

bla

Munton

Mr and Mrs.

Dancaa

Mra Samara El

Miss Ellin

Mr and Mrs W.

Eastece

Me A Forbas

Miss M. Forbes

J.Miss M. W. News-

holme

MA. B. Pena

7

Me and My H. R.

A. Bemington

Me A. Ritaha

EL-Col. & Mrs O.

Sanders

Me R. J. W. Foster Mr & Mrs T.G.8exti Mige G. Fothergul Me R. P. Shaw M snd Mes F. P.M. R. H. Skelton

Franklin Mr and Mrs T. F. Lt. E. C. Frederick White Smith Mr and Mrs W. D.Mrs is G. E.

Goodfellow

Stabbings

Brand Mrs Goo. W. Me and Mrs E. F. L.

Sturise

Me and Mrs B. A.Mr O. P Stardes

Mr J. 8. Thomson Mr&Mrs O. Thwaites

Hale

Miss M. B. Hall

Mr and Mrs

Налазск

Mr J. B. Hawker

J.Miss Thwaites

Mr and Mrs W. J.

Hswiter

Mr. A. W. Tiakle Lt. Col. and Mrs B

Trersty

Lady E. O Tarner

Mr G. Hems. Capt. B. T. Walker

worth

Capt. A. E. Watty

Lt. Comdr. G. F.Capt. A.J. L. Whyte

Hole

Mr H. Howell

Miss O. Willmott Mr and Mrs F Mr T. L. Jenkins WoodTM Min 0. 0. JenkinsMe G. O. Worall Mr G. 8 Hugh Jones

Mr W. A. Jordan

PALACE HOTEL.

Mr A. Arch

Mr O.H. Haslewood Mr R. A; G. Barrett Mr J. Jack

He W. A. Bennett Mrs Melaw Mr B. W. Jampbell Me J McDonald

Mr P. R. Chicbgar Mr B. J. de H

Mr J. 8. Cox

*

Moore Mr W. B. Oaf Mr M. Simpson Mr and Mrs N. 8.Me H. Smith

Davorin

Capt L W. Smith

Mr A. B. P. Davier Mes O. Stringot and ́

(Oomb, b. 37)sa #7.40M H. DAT

b. 197 (Now b. (af Oɔmb. b 80 (m. 16:00 Nob 8.13

Comb... 283

b 56-1/8

An 85

16 Now 10 aj

45 23 Now a 13

Mc 8. Förshmide Mr and Mm Goldenberg Mr A. HA Mr. A. C. Bako

сына

Hr A. P. Tannen H. banm

Mrs G, Talloch

Mr A. J. Wadmora Mr W. Walter

HONGKONG HEIGHTS.

For the information of: visitors the following list of some of the highest points on the Island Mainland is published --

IBLAND.

Bignal Station

1774

M6 Parker

1784

Mountain Lodge.

1738

The Eyrie

1708

Peak Hotel

1805-

Taikoo Sanatorium | 1008

877

Mt. Davis

Body Bowen Ed; (flterbščia) 227.

Bashers Fand .....G. 20045,099 ♬ 1,870,619.- Special, Reserves...G. 22,660,000 £ 1,883,200 HEAD OFFICE:-Amsterdam, FASTERN HEAD OFFICE -Batavia, BRANCHES :-

Bandlermin Bandung Dolentia Djokjakarta

Kota-Badja Padang

Perlongan

Bombay

Cheribon

Djembar

The Hague Kobe

Makamar

Medan

Palembang

Pena

Pontianak

Botterdam

Famarang

Bingapore

Togai

Boerabala

Fangoon

Shanghai Soorakarta (Bole Tillathay Weltevreden

LONDON, BANKEES:~. National Provincial Bank Ltd. Correspondents all over the world.

BANKING BUSINESS OF EVERY

DESCRIPTION.

W.EL GROSKAMP,.

'Agenzḍ.

Hongkong, November 6, 1994.

的公理管業實法中

SOCIETE FRANCAISE DE GERANCE

DE LA BANQUE INDUSTRIELLE DE CHINE. ETABLISSEMENT FRANOQ CHINOIS.

(Incorporated in France)..

́6, Chater Road, Victoria, Hongkong

HEAD OFFICE: 74, Rúa St. Lazare, Paris.

Subscribed Capital fully

paid-up Reserve Fund

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

Working fund provided by THE BANQUE INDUSTRIELLY

Paris:

DE CHINE

FTs. 50,000,000.

BANKERS:

Bociate Generale, Nationale de Credit

Banque

Banque de

Paris et des Pays-Bas, London: Midland Bank, Ltd. New York: Irving Bank Columbia Trial

*Co.

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

M. FITZ-HENRY,

Manager. 10th November, 1924.

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

Incorporated by Special Imperial Charter, 1899.

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

Capital (Paid-up)

Reserve Fund

.Tan 62,500,000

.Yon: 12,980,000

HEAD OFFICE:

TAIPEH, FORMOSA,

BRANCHES:

JAPAN-Tokyo, Yokohama,

Osaka, MojL

Kobe,

FORMOS-Giran, Hagi, Karenkin, Keelung, Makung, Nanto, Pinan, Shinchiku, Talchu, Tainan, Takow, Tamsui Tohyen, Ako. CHINA-Shanghai, Hankow, Kluklang, Amoy, Foochow, Swatow, Canton. OTHERS. Bangkok, Hongkong, Sings

pore, Soerabaya, Samarang Batavia, Bombay, London,, New York.

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

The Hank Correspondents in the Commards Centre in the European Continent, osia, Mam okarla Taingtas, Japan, Indo-China, Barn, Lietu Philippine Alandt, Jaya, and Dulch Indies, Asst. ralla, America, Afríos, Raj

Interest słować on Current account, and Fizsi Deposits at rhien which will be quoted on applica tion,

Z. YAMAMOTO, Manager.

HONGKONG BRANCH,

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

THE BANK OF CHINA” 行銀國中

(Specially Authorised by Presidentas

Mandate of the Republic of Chi on the 22nd of November, 1817).

Authorland Capital 2. $60,000,000,00

Paid-up Capita

Reserve Fund

$18,278,600.00

$ 9,629 425.2

HEAD OFFICE: PEKING.

HONGKONG BRANCH,” QUEEN'S ROAD CENTRAL Branches and Bub-branchsi all over China and Correspondents in Europe, America, and other parts of the world. London Bankers: The National Prov

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

Yorker

New York Bankers:- The

* National Banksy

The Eguitable Trust Com

"Interest allowed on Cui

and Fixed Depozita. „FarmM ON MEDA

desertytion of

Special facilities for Horne Kuchings.

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