1925-03-24 — Page 2

Page

HONGKONG & SHANGHAI -COMMERCE AND FINANCE-

BANKING CORPORATION,

HEAD OFFICE: HONGKONG. AUTHORISED CAPITAL...............: $50,000,DOG- LOSURD AND FULLY PAID UP $30,000,000 RESERVE HUNDS ---

STEELING... £ 4,500,000' SILVER ....... $28,500,000

RESERYE LIABILITY OF

PROPRISTORS.comio!

$20,000,000

COURT OF DIRECTORS: Q, M. Young, Esq,--Chairman, EL. P. White, Esq.---Deputy Chalzina.

E. D. F. Balth, E.

W. H. Bell, Esg

A. H. Compton, Hen, : Hon. Mr.P.H. Rolyoxi

Hon. Mr. L. O., Lang. W. L. Patienden, Bay. 1. A. Plummon Rigi T. (7. Wall, Esq. CHIEF MANAGER: " A. H. BARLOW, Esq. ---Manager: Shanghai—Q. X, STITT, E14

LONDON BANKERS. Westminster Bank, Ltd.

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

on application

Hongkong, 2 st 3 sbruary, 15.

"HONGKONG SAVINGS BANK

SILK

THE CHINA MAIL.

LINEN TRADE REPORT.

1925.

MOST HEAVILY TAKED,

FRENCH MINISTER'S CLAIM.

La presenting to the Chamber of Deputies the estimated receipts of the new budget for 1925, which Violette reporter for the Finance Commission, declared the French. were the most heavily taxed people in the world, and cannot again be asked to pay as they must this year.

The silk which left here by the ronrNIGHT ENDING. 11TH FEBRUARY total 34.200,200,000 francs, M. P. & 0. s.s. Kashmir", on February 21 was delivered in Marseilles on March 21, a transit: of 28 days..

PIECE GOODS

ruport

Flax-Since the last there has been a considerable full in the price of Irish Flux, and we Cousxjustice supplies are much smaller, which tus stabilised prices at the lower level.

On this Continent valde is much better all round, with the exception or the best quality in which there is not much changes.

Latvia Flax was fidently reported last work that

con 2,500 tons have been pureliasd fron the Eatvian Government, but the fact is that the total is about 1,200.1one spread over the different consuming murkets. Pticos si PRIKA Spinners position:

MANCHESTER, February 18 Amèrican cotton values have advanced further, mainly owing to trading activity. There has been a continued steady demand for cotton on the spot and for forward delivery, and increasing trade all quarters. reports are received from almost The consumption in the United States for January was $90,000 bales against 577.000 for the same month last year, and Improving conditions are again-re- ported. Liverpool sales have been fairly substantial and forwardings to local spinners have also been very heavy in spite of shorter hours of working There is thus

Hoviet Fax-Tattle going on. good reason to expect from pre- sent indications, that the world's proposal for decent bulk would res consumption will absorb available ceive consideration. supplies. Distant months have YarnsThe market is more or

attentionless felesu,

attracted speculative

Watching the

Fathonian Plas-Prices are still slipping bark, bus Spinners Tefice to be tempted,

France is paying more than half her income lo debt interest, he pointed out, staggering under a burden which amounts this year to 19,600,000,000 francs.

"If we do not flud a'lagal method M. Violette, "then we never, can of reducing this Interest," said continue to pay it regularly, for it is absolutely impossible for a state with a budget of 34,000,000,000 francs. to devote 19,500,000,000 francs each year for the service of its debt."

M. Violette expressed regret at the public controversy over the inter-allied debts, which subjecthe said ought to be discussed privately. He was satisfied, he declared, that the countries which sent their youths to fight for France would be just.

EXCHANGE.

Hongkong March nesh, 1938,

33 day's rig

4 months', sir! Oredita. 4 months' zlaht ...

·Documentary, 4 months slight On Paris.

On demand...

·

1035

Credits, mouthy' sightim 1135

On demand, N

Ori New York-

On demand

Credits, 60 days' ́ììghà :Op Bombayn

Wire

On demand On Jalcatin-

Wire

On demand On Singapore-

On demad... On Manila- Oo Sheogbal -

On demand..

On demand...

160

i

308

DOL

20 days'aight (private paper) Da Yokcomms- Gold Gest, 100 das (per isal)

On demand Sovereigns (Biaka barying rate) 8:01 Silver (per os.)

"

"

10

Canton sol

**

ww

48

TUESDAY, MARCH 24:1

SITORS "AT HOZTALA

HONGKONG HOTEL -

Mr E. Adlee

March 13,

Mine A. and T

Mr and Mrs P. M. Elamilton

Alten

EMERGIA Herriman Mr R. T. G. Altksalir W., D. Hawst Mr W. 8. Allen Mraod Mrs à. `8 Mr and Mrs A. W. Horace

Van Andel

Mr & Mrs A. Hioke Mr G. Apfelbaum Mr A. R. Johnston Mr A. Aubry.

Mr & Mrs E Keller Me and Mrs J. T Mr & Mrs folling.

Bagran

hasen Hr. F., Ranhaa Mr C P. Kenhow Miss K. Bardoralli Mrs W. R. Kimball Mina K. Barlow Mr and Mrs Jean Mr&Mra N. Boal

...

Kooth

Mrs E. R. Belillos. Mr and Mrs L R.

Mr. Benjamin

Mr J. Bennett

Me R. G., W. Be

prend

Mr H. Blokertou

Mr IL, J. Birbook

Mr. Blanksteri

Mr M. Blado

Mr G. Bowack Mr. T. B. Browa

Browae

B.

Kreshman

Mr and dra

Lauricon

Ma P. P. Lefore Mrs E. Liddell Mis Ft. Lille

0.

Mr M.P.B. Maraball Mr D. Motalida Opt: W. McKia

lay Mr D. McLeod Mr B. L. Mackle.

My L. Bobanan, B. Mc- Mr R. O.. Bardia Mr Mr G. W. Burds Mr E. Carlton

Michael Mr. Miller Mr. 8. Christopher-Capt. and Mre 1.

A Mill

REPUĜER BAT MOZEL,

Mr & Mrs G. 8. Mr and Mrs J. M.

M. Bannerman Parker- and child

Febryvar

HUBSIDIARY - GOINİB.

par. 124 Hongkong 50 cents sub,

%dis.

Dr. Christopherson Mr and Mrs. TH * dia.

318,50 % dis. Mrs. Carl-topherson Moore and child "It would have been useless to Be Silver in Hongkong 10% pa. nom. Mr and Mrs W. A. Mr R. B. Moorhead Buyers have 10 THE business of the shove. Bank is owing to advices of unfavourable

Coru 11

MY A. 8. March: cause to act is there is still a lurgesave us, only to ruin us now," he Chinese Copper Cash 10% pm.

Mr J. Dangor Er W. Norwood Chinese Copper Conte6pm.. exclaimed conducted by the BONGKONG conditions for the preparation quantity of yarns on order which There was a mistaken idea, he Rate of Native Interest la 7% out & ra E. Doan Mr E. B. O'Farrell AND SHANGHAI BANKING COR of the new crop. There has been than balances stocks on haut. protested, particularly in England,Hongkong Bah. Cola... PORATION. Rulas may be obtained some reaction, at the close of the There is abundy a considerable cur- that the wealth of France amounted

Mr W. Hagen Chine Sab. Cola 50% dis

Capt. & Mrs Rosrae Miss Posrae week, from the highest, which istuitment in protuction, which to about 1,800,000,000,000 francs, ou application.

INTEREST on deposite is calculated not surprising for the rise has been I will prevent accimialation of stocks, while in reality about 1,000,000, on the loweit balance during sach com about id per tb, in a short time which are pleted Calender Mouth at 34 per cent.Egyptian cotton has again fluctuat modente compsess,

at present in very coo.oco of convertible wealth per annum. Should there be no balanosed widely. In the Manchester,

should be considered. The Eng In order to meet the difference, be fish, he said, paid only a third of oo any day in s month no interest willmarket there has been, a good tween actual cost and market prices their £2,500,000,000 income, while latter part of March on board the Mr & Men J. BeharMr and Mrs T.

Depositors may transfer at their amount of enquiry and the larger of yarn, the reduction in Flax the Americans were taxed only option Balance of $100 or more to the outlets have "participated in it to a value will help to adjust nïasters.

however, still fall very short of waiting attitude. greater extent. These markets,

one-twentieth of their gross income Weavers-The Market is still in of $71,000,000,000 from their wealth their usual quota of the trade out in the States on their Spring that the budget, which the Govern Travellers are of $300,000,000,000 He explained smaller miscellaneous outlets have orders have been placed. resulting but fortunately the journey; and some fair preliminary ment originally presented af made up to a large extent for this

32,000,000,000 francs, had been falling of This has indeed been usiness treing put before Manufacand increased pay for workers.

There is, however, no general increased only for bigger pensions the case for some time and the turers at de present time; but, larger purchases of these buyers on the average of years, bustness are of more consideration than was so much larger. As it is mostre hopeful that they will experi they used to be when production owes to bad as a rule. not later than March, and Manufacturers manufacturers are still bookedence this normal demand in Murch fairly well ahead and many of this year. require four to six months for

be allowed for that month.

HONGKONG & SHANGHAI BANK to be placed on FIXED DEPOSIT at CURRENT RATES.

For the Roux & BRANZA

BAXING CORPORATION,

2.E. BARLOW,

Olof Manager Hongkong, 7th January, 1928,

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA

INCORPORATED, BY ROYAL CHARTER, 1853.

HEAD OFFICE: LONDON.

Paid-up Capital

Reserve Fund Reserve Liability of Pro-

prietors...

23,000,000 £3,900,000

.£3,000,000

FOREIGN EXCHANGE and General Banking business transacted.

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

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

BANQUE DE L'INDO-CHINE"

HEAD OFFICE.:

Quitations are her, thin two or still well above prices ruling at this three months ago, but they are time inst year,

delivery, in spite of the comWarehouses are still fairly busy Merchants, Housekeeping Goods," paratively unsatisfactory trade from Indla and China. Makers turning out goods against orders prices are very firm and frequently plies last year. New Sensoit's advanced. American yarns are sites is not expected to coin- 4d per lb. dearer and Egyptians til next month, Id per lb India enquiry has been dhooties, light whites, shirtings better but without much result; and also more fancy styles have been under offer. China has taken a few whites only. The Near East, Egypt, Africa, South America and Home trade have been moderately active. For Java and Singapore. only small business has been done although enquiry has been fair.

#

RYLANDS' REPORT.

96, Boulevard Hsummano Part

Rylands and Sons, of Manches moribed Capital... Fra 72,000,000,00 Paid-Up Capliat ... Fri, 68,400,000.00

ter, manufacturers and warehouse Reserve Fonda Fr 59,667,283,44 men, show a smaller profit for the

BRANCHES

second half of 1924 than they Hongkong

Saigon Mongiae

obtalaed in the corresponding Bbungbal Noam

Singapore periods of the two last preceding Tientala years, but the total for 1924 slightly Tor Ana exceeds that for 1923, and, there." Yuan ta

fore, constitutes a new

record

Bambang

Bangkok

Canton

Dilboati

Haiphong Barow Hanoi

Papele

Poring

Pnom Penh

Pondicherry BANKERS:

INFRANCE Comptoir National d'Erooups

de Paris; Gradii Lyonnais, Banque de Park ot

dos Paya-Bea; Credit Industriel Coxunardal

Societe Generale.

IN LONDON: The National Provincial à Ualon Beak of England, Lid.; Comptol National d'Escompta de Paris; Credit Lyonnie

for the period since the boom. In

|

Steaks are limited uil round, and in some lines they are complerely

len red out.

Dress Linens.-A moderate amount of business has recently been arranged for various markets; and, cable advices from USA indiente a fair all round demand for Dress Linens, The real amount of new business coming forward; however; is comparatively anall. Weather conditions in U.S.A. and Canada are unfavourable, and u general improvement in trades anticipated early in March.

DIAMOND

CUTTING.

SOUTH AFRICAN TRADE.

There are indications that the

the boom-time, however, there South African Government is were heavy excess profits duties exploring

the possibilities of diamond-custing

to pay, and the course of events establishing a

brought about a dangerous slump, industry on a large scale. During so that profits shown, on paper the general election. General

could not be taken at their face Hertzog said he had a letter in his

IN NEW YORK: J. P. Morgan à Co.value, as those of the present time pocket from a London firm, offer

Inch Ameriena Banking Corporation Quaranty Trust Co. of New York.

»

Interest allowed on Current Accounts and Fixed Deposits socording to strangesni.

Brary description of Eaking anil Exchang

Basines tenaciod.

A. LECOT,

* Manager 'Hongkong, March 20, 1924.

THE YOKOHAMA SPECIE

BANK, LTD.

` p

Established 1880.

Captial (fully paid-up) Yen 100,000,000 Reserve Fund

Yen 80,500,000

Head Office:-YOKOHAMA,

Branches and Agencies at:

Batavia.

Bombay.

Buenos Agros.

Calcutta.

Changchun.

Dairen (Dalny).

Newchwang.

New York.

Osaka.

Peking. .

Rangoon.

Rio de Janeiro,

Fertion (Mukden). Saigon.

Hamburg.

Hankow

Harbin

Homoluid

Kat Tuan. Kobe

London

Los Angel

Karila Nagasaki. Hagoya

San Francisco.

Seattle.

Shanghai

Bhimonoseki, Singapore. Boerabaya. Sydney.

Tientaln. Tokyo Tsinanta Tsingtan Vladivostock

Interact allowed on Current Accounts, Deposits received for dred periods at estes to be obtained on application.

O. “ARIMA, Малорот. 11th Mars 1926.

can. The ordinary dividend pro.ing to

The annum.

put up £1,500,000 to posed for the last half-year is establish diamond-cutting factories the usual one of 10 per cent per in South Africa, the sole condition forward is reduced, on the half should give reasonable assistance. balance carried being that the Ministry in power year, by £9.556; but on the year t Nothing has since been heard of is less than £2,000 down, and if it that" offer," but there is reason, to had not been for an appropriation think that a good deal of pressure of £10,000 to the staff fund last is being brought to bear on the summer it would have shown an Government to introduce legisla Increase.

tion imposing a substantial export duty on uncut diamonds, in, the hope that the cutting industry, which now exists only on a very minute scale in this country, may expand and flourish.

Some

years Ago ཆ select

+

A French business mission, led by the Vice Minister of Com- merce, will reach Yokohama the French liner Paul Luka. The members of the party will all be representative owners of factories They have in view the promo- and heads of big companies. tion of Franco-Japanese friend- ship and the development of commercial interests between the two nations.

LOCAL SHARE MARKET.

OFFICIAL QUOTATIONS.

MARCH 14 Nam

Tak

I AM

Stock Exchan

H.8.0.C. T.T. op selling rate

London

and on Shanghai Hongkong Banks 113 a Loadou-210

Chartered Bank...

100

..

MARCH 24.

41 #consorari' association.

Mr and Mrs A.E.A.Mr O'B. Shank

Carleton

Mr & Mrs W. C Mr and Mrs Fied. Van der Stean Mr and Mrs I. Ephens

Bilio

Lth-vol. & Mr Ste

Mr and Mrs L. B.Thatcher & child o

Geare & daughter Mr and Mrs O J. Graves

Mr and Mrs A® M.

Mru M. VaroON; Mr and Mrs A. C.Hr and fra F. J.

Kochlor

Wright

Mr and Mrs. PH. Vans del

Hodgson

Mr & Mrs Land

PEAK HOTEL

March 2).

Dr J: W. Anderson Me W. A Jordan Mr. 8. A. Arthur Mr and Mrs. A... Misa E. R. Bally Kennedy

Mis

Dr H Elean

Kennedy

Mr and Mrs L. 0. F.Mr M. F. Kay

Bellamy

Me and Mrs

Mr J. W.. Banuar Kill

Mr and Mrs T. G. Mr & Mrs. A. Lane

Bennett

Mr and Mrs B. H.

Mr and Mrs P. W Langston

$13)

8:31

#. 1835

Esli b.

211-1/2

£ 11 b.

b. 211

$100.

b. 103

b. "A" 201

Blackwell

b. "0 191

Mr W. H. Bourne

Mr and Mrs G. D.

Mr M. J. Breen

Brows

Mrs C.RussellMas

Lays

P. &0. Bank... Est Asia. Bink Merosatile Bank AB 22-1/8 b

£13-1/9 b..

·Marine Ivancanoas

Canton Insurance* * *** North Chlos IamurABOO Salon Indgrace. Insurance Yangtaes Chios Undian

Far Easonens

Fire Ingaranoar

China Fira formEKTES ... Hongkong Fire Insurance... *hipping

Douglases *** H.K. Steamhoste" *-* Hongkong Tags and Lighter

Todo-Obion (Prof.

do, (Det.»

(H... Rog.)

Shell Transporta Star Farties Water-boats.. Oriental Nav. Co.. Refinerie

**

-740 b.

$140.

'99. n.

b. 748

11.

140.

# 330 b

D. 186

b 43

34

a 2 t5

195 b

23, 198

703 s.

13. 716

$68 0.

28 1/2 5 97-37 da 84.79 A .....38.0.

b 35+ sa 371

4.70

18

M

$120 D.

19 A

A+

10

T

J

a. ez

187 b 87 8

b 85

#17-1/4 n.

0.18.10

$155.

11. 250

69 b. 6970. IS

168

41 b

"1. 41

57/6b

1. 67.6

Omb. $15 n.

n' 15

b. 7

น.ส

b.

h. 11-1

The

330-1

D. St

Trough Minds

fat

(B). b.

***

b. 17/

期

Benguet Con.

P. 2.70 b

#192-12 h 191

h 199

B130 b.

in

h 185 as 127,9

T120 b

China Sugar.0020 Malabon Bagare

Y'ning

Kalian Mining Adm

Langkate

Shanghai Losos

S'hal Explorations.....) è u.

Single. Langksta

Ural Caspe

IH

194

Doske. Wharven, Godowns, &o.

H&K Wharts

S'hal Docks a

F.&W. Dook

New Engineering.........

A. K. Engineerings. Shanghai Hongkowa Ganda, Hotels & Balidlars,

A

3.

$200 b.

b 93

95 en

18:19

96.

.b 10.1.2 +

H.K.Bhai Hatala 3:163-16] as Now- 18,40 mm, (b đi m 13/25-19 New+} HE. Developmen

60 Costa). à sa Hongkong Lands .....

95 b 95 96 za · Humphreys • Kataton Kowloon Landa... Land Reclamationsr Princes Balding a B.E. Basit HLE. Torritorial...

A detailed comparison of the results in the last three half years follows

June, 1924. Dec. 1924. Dec. 10 Net profit. . 141.000 114.444 125 Brought forward 158,795 1648 157,071

rable 0025 280,779 999735 committee of the Senate decided Cotton Bills. Preference di... 4,500 4,500 46500 by a majority that diamond cutting Ordinary dividd 77,500 77,600 77,500 to South Africa was practicable,

&

Do per cent. « 5 Sinf Cand. 10,000

and that 10 per cent export duty Carried forward 106,32 180,770, 159,735 would materially assist the object The reserves remain at £600,000, in view. The then Government the general fund amounting to however, after a careful investiga. £250,000 and the Insurance contion of the assumptions underlying tingency fund to £350,000.

this recommendation, came to the conclusion that an export tax would be gravely prejudicial to the mining industry.

pa Formerly the Union bad virtual

monopoly of .diamond

BARCLAY'S BANK

Speaking at the annual meetingly a

Rural Land....

10-1/2 b:

MM $24

Н

$150

$4,80

+

$10 n.

Ewo Cotton Milla, God.... 918 s. 119) an. Kang Yike Lson Kung Mow

Orientals - v

1

TH

Shanghal Cotton".. : ... T 60-b. How #10-1/2 b. Vangtas poos. Miscellansons,

Dements visitas-419 h. Now 8-18 n., Comente Combined (82) 8770.2 & sa. China-Borneo na p Chias Idahts (Old)

R. 150

b. 4-1/2

4·1/1)

n.. 60 New 331

Col 1&

Mr Kasen

Major AB. Little Miss P. W. Brown Johns

Mr and Mrs R. Dr. 8 Lloyd

Bridger

Mr J: D. L'oyd

Mr 8. D. CarothersMr W. H. Look Capt. & Mrs J. O.Mr and Mrs

Carpenter

W.

MrRB, Cleland Mr and Mrs T.. A.

Martin Mi-s M.Cooper Mrs I H Cormack. Mr J. Mekinah Mr and Mrs W. A M: H. A. Mila

Cornel

Mr E E. Mimmact

Mr and Mrs J. D. Mr and Mrs F. W.

Danby

Manton

Lt. Col. R. A. Dob-Miss M. W. News

bla

Mr and Mrs

Dancan

Mrs Samers Hija

Miss Ellla

Mr and Mrs W.

Kustace

Mr A Forbes

Miss M. Forbes

holmis

J.MA. H. Ponn

Mr A. Pristall M and Mrs B. R

Remington A.Mr Kitche

Lt-Col & Mrs

Bandere

Mr R. J. W. Foster

Miss G. Fothergill

Mr & Mrs

G.Scott

Mr R. P. Show MR H. Skelton

Mr and Mrs F. P.Mr and Mrs L. F.

Franklla

White Smich

Lt. R. O. Froderick Mrs Miss G. Mr and Mrs W.D. Stablings

Goodfallow

Mrand ME. V. L

Mr and Mrs Goo. W. Stardee

Grey

Mr and Mrs B.

Hala

Miss M. B. Hel

Mr J. B. Hawker Mr and Mrs. W.

HAWKor

Mr O. P Stardes A.Mrs J. 8. Thomson Mr&Mrs G.Thwaites Mies Thwaites Mr A. W. Tlakie J.EE C. and Mer Trevelya

Mr G. M. Hems Capt. R. F. Walker

Capt. A. E. Walte

worth

Lt. Comdr. G. Fapt. AJ L. Why ta

Holo

Mins 0. Willmott

Hr H. Howell

Mr and Mrs F. J

Mr T. L. Jenkins Wood Miss O. 0. Joskin Mr. G. U. Worali

Mr G.B Hugh Jones

PALADE HOTEL.

Mr A. Arch Mr OEL Harlewood MPB.A. G. Barrett Mr J. Jacki HWA BennettMrs McCaw or Mr B. W. Campbellbird McDonald Mr P. B. Chichgar, Mr. B. 7. do 8. Mr J. B. Oor

Moors

Mr W. 8. Cult Me L. Blospson Mr and Mrs N. S.Mr H. Smith

Daver / Capt.-L W. Smith MrAPE. P. Daviso Mrs C. Stringer and “Mr H. Darling child' (Comb, b. 8)-sa 20-19 Forsheidi Mr A. F. Tannen

fb. 31% Now b. 84.

10

do (New) ($10 b,16-18) as Comb, 32) 681-21 sa (Now b. 13) Comb, h 30. China Providenta #167:al Now Si ̃b 8.85 m. “

Providente Combo 845) 21. M

&

Dairy Farmon

AHLE Electrics

Macao đó

Hongkong and Canton food

Hongkong Bap

Hope Doe Hongkong

of the bank, the Chairman said: production. To-day there, is a. Turping to the Balance Sheet large and increasing output from and comparing it with that of sources outside the Union, and December 31, 1923, the Current, any attempt to dictate to overseas Deposit and Other Accounts stand buyers would be more that ever at almost exactly the same figure hazardous. And export tax on The Advances to Customera show uncut diamonds would almost Do an increase of £7558,737 and the certainly have the effect of Bism Investments show a decrease of compelling producers In Sonth about £7.400,000. This increase in Africain face of the stimulds Advances is due to some extent to afforded to outside competitors the large demands of our Customers to accept lower priest in cantiection with trade kod Ja- That would not only fojure, the dustry and their greater requises Linines

ments are also reflected. In the

large increase in our Acceptances.

| Added to thes8:

| greater trade

haa'rison considerably:

ations

*13. t. New 10.30

37b37-38 as

in, 16 New b 8:1/2,

Comb. b. 23.

b28

bds

Mr and Mrs H

Gellenberg

Mr AEB!

Mr A. C. Bake

baama Men G. Tulsch Mr A. Wadmo Me W. Walter

"Disgusted" "Nut"; "Say, old chap, are you quite sure that wod

35 37 m 50) 27-23 marriage licence you gave me

last month?

* 22)%4 Now 152.

New n 13

N.Registrar: "Yòs, why?

Dieguated "Nut Because I've been living a dog's life ever since.

THE BANKI EAST ASIA

HEAD OFFICE HONGKOSKEL Authorised Capital Paid-up Capital

Beers Fandy Alg

DIRECTORS;

Hon. Mr. Chow Shon Bon-Chair Fung Plag Bhan

Keon Chun

P. K. Kwok

Ng Ching Luk

Fong Wil Ting

Mox Ching Kong

Wong You Tong

Hurah Ti

Kan Ying Po

Chan Ching Shek Every description of Banking and Exskanje bosloom transented. Loam gremiad in approved securitie

SAFE DEPOSIT BOXES to let

KAN TONG PO

Hongkong, 18th February, 1920,

NEDERLANDSCHE HANDEL MAATSCHAPPIJ.

MPPANEINSINO 1894)...

Horusers. BRAITOR ESTÁDLINERO. 2908,"

Authorised Casitai G.150,000,000. £13,800,06 Paid-Up Capita... 80,000,000 £ 6,666,07 Besarvs Fund G. 30,138,000 € 1,870,419 Special' Rasery...G. 22,560,000 1,588,220

HEAD OFFIUS :--Amsterdam, FASTERN HRAD OFFION ---BAİR FİR HRANCHES :- Bandjermin. Bandong Celocita Djokkerts Kota-Radja

Padang

Penanc

Botten

Ringspors Togal

Bombay Cherion Damber The Hagua Koba Makuonna Madan Palembang Peolog Pentlam Samarang

Rangoon Bhanghai

Boetbain Boerakarts (Boße Tilt Walterrader LONDON BANKERS- National Provincial Bank Ltd. - Correspondents all over the world.

BANKING BUSINESS OF EVREY DESCRIPTIOF.

W. E GROSKAMP,

Hongkong, November 4, 1924.

司公理管業實法中

SOCIETE FRANCAISE DE GERANCE

DE LA BANQUE INDUSTRIELLE DE CHINE

ETABLISSEMENT FRANCO

CHINOIS....

(Incorporated in France).

5, Chater Road, Victoria, Hongkong. HEAD OFFICE: 74, Eue St. Lazain, Paris.

Subscribed Capital fully

paid-up *****

Reserve Fand

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

Working fund provided by

THE BANQUE INDUSTRIELL

DE CHINEL

Fr. 50,000,000.

-

BANKERS:

Paris: Societe

Generale,

Nationale de Credit.

Banqué

Banque de

Paris et des Pays-Ba 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 Imperial Charter, 1899.

Capital Subscribed

Capital (Paid-up).

Reserve Fund

Ten 60,000,00€ Yen 59,500,000 Yen 12,980,00

HEAD OFFICE:

TAIPER, FORMOSA.

BRANCHES:

JAPAN--Tokyo, Yokohama,

Qarka, Moji

FORMOS-Giran, Kagi,

Kobe,

Karenka

Keelung, Makang, Nanto, Pinan Shinchiku, Talchu, Tainan, Takow, Tamsul, Tobyen, Ako.

CHINA. Shanghai, Hankow, Kinklang, Amay, Foochów, Swatow, Cantone OTHERS Bangkok, Hongkong, Singa

рого, Soerabaya,Samarang, Batavia, Bombay, London, New Tork

LONDON BANKERS:. London County, Westminster and

Party Banką.

The Bank his Cerroepjudanta ln the Commernés Centre in the Europea Continent, Busca, Kan oharia Tangtzo, Japan, Xada-Odias, Siam, Lada Palippine islota Jars, and Dutch ZoLEY ABL ralia, America, Afriondo,

tion,

Interest silawed on Carmat Acorn And Find Deporte Alabad/which will be quoted on applies Z. YAMAMOTO, Mr Manager. HONGKONG BRANCE

8, Dea Vaux Road, Cantral. Hongkong, 5th June, 1924.

THE BANK OF CHINA-

(Specially Authorised by Presidentlaş Mandate of the Repubile of Chines on the 22nd of November, 1917); Anthorised Capital 77 11 - $50,000,000 € Paid-up Capital *****

$18,378,800.0 Reserve Fund

HEAD OFFICE: PEKING.

HONGEONG BRANCH. QUEEN'S ROAD CENTRAS. Branches and Sub-braiches, all dre Chimay and Correspondenta - in “America, and other parts of London Hankirin yhe Nation lai and Union Benz of J "The Guaranty Trust Cons

New York

A National *The Equitab

·FOR CHILDREN'S BRUKESARSKA

For "black and bines

and minades stubbe and other mishapë; berlain's Palin Hafel Dom fast as NOCH