1925-04-14 — Page 2

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HONGKONG & SHANGHAI

BANKING CORPORATIONS

ARAD: OFFICE & HONGERNG.

AUTHORISED CAPITAL............... $50,000,000. ISSUED AND HOLLY PAID UP $20,000,000 RESERVE FUNDS +-----

STERLING.... £4,500,000 SILTER... $28,800,000

RESERVE LIABILITY OF"

PROPRIETORS...........

$20,000,000

COURT OF DIRECTORS: G. M. Young Kaq-hairma

EL. P. White, Reg.-Deputy Chairscan.

R.D. F. Beth, Esq. W.EL. Ball, Esq.

Hon. Mr. A. Ch. Lang, W. Fattenden, Raq. A. H. Compton, Bag.. 3. A. Plummer, Beqe Hon Mr. P.H. Holyoak: T. G. Wenil, Baq,

CHIEF MANAGER:

A. H. BARLOW, Esq." Manager: Shanghel—G. M. STITT,

LONDON BANKERS. ✨ Westminster Bank, Ltd.

CURRENT ACCOUNTS opened in LOCAL CURRENCY and FIXED DEPOSITS received for one year or skorter periods in Local Currency and Btarling on terms which will be quoted on application.

Hongkong, lat F-bruary, 1318.

HONGKONG SAVINGS BANK.

THE business of the above Bank

conducted by the HONGKONG AND SHANGHAI "BANKING COR PORATION, Rules may be obtained on application.

INTERBEST on deposita is calculated on the lowest balance during each com pistad Calendar Month at 3 per cent. per annum. Should there be no balance on any day in a month no interest will be allowed for that month.

Depositor may transfer at their option Balance of $100 or more to the HONGKONG & SHANGHAI BANK to be placed on FIXED DEPOSIT at CURRENT RATES.

For the Forexors & BearƏMA)

BARKING CORPORATION,

.H. BARLOW,

Chief Marague Hongkong, 7ta Jakusey, 1985,

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

INCORPORATED BY ROYAL CHARTER, 1853.

HEAD OFFICE: LONDON.

Paid-up Capital

Beserve Fund

Reserve Liability of Pro-

prietors

£3,000,000 £3,000,000

£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

uoted on application.

A. H. FERGUSON, Manager.

Hongkong, May 8, 1929,

BANQUE DE L'INDO-CHINE.

HEAD OFFICE:

06, Poulevard Hausmano, Parta, Pabsorbed Capital ... Fr. 73,000, 600 DI ... Fr. 69,400,000,00

Pald-Up Capital

Hamarra Fundo - Fr. 69,107 288.34

BRANCHES

Hongkong

Moagtse

Norma

Bagkok

catambang

Qualor

Di[bouti

Haiphon

Paking

akor

Harol

Papsele

Prom-Penb Pondicherry BANKERS:

Salzon

Bhonghat

Ringapore

Tiria

:

Тэгиде

YCEDATU

COMMERCE AND FINANCE.

THE CHINA MAIL.

PETROLEUM PRODUCTION. FRENCH MOTOR VEHICLES.

THE WORLD'S OUT PUT,

The American Petroleum Io-

'stitute estimates the world's petroleum production in 1934 at | 1,013,139,000 | barrels, compared with 1,918.900.000 barrels reported by the United States Geological Survey for 1923, a decrease of 5.761,000 barrels or 0.6 per cent.

"The United States produced 714,000,000 barrels in 1924, or 70.5 per cent of the total world production," said the Institute's "In 1923 the announcernent. United States produced 732,407,000 barrels, or 71.9 per cent of the world production in that year. The United States production is 1974 decreased 18,407,000 barrels, or 2.5 per cent.

FIGURES FOR, MEXICO.

"Mexico produced 139,587,000 barrels in 1924. or £3.8 per cent of the world production. In 1923 Mexico produced 140,583,000 barrels, or 14.7 per cent of the total production in that year. The decrease for Mexico in 1924 amounted to 9,998,000 barrels or 6.7 per cent.

In 1924 the United States and Mexico combined produced 8.43 per cent. of the world production, and in 1923, 86:6 per cent.

"Wherever possible. 1924 pro- duction figures are official final figures or official estimates. In converting the figures of certato conuiries from tons to barrels, equivalents are stated in United States barrels of 42 gallons, based upon the average specific gravity of the oil of each country. All the figures shown for 1923 those reported by the U. Geological Survey."

COMPARISON BY YEARS.

are

s.

A comparison of 1923 and 1924 production by countries was set forth in the following table':

1924

1923 Barrels Birrels

United

States 714,000,000 732.404,000 Maxico 139,587,000 149585,000 Russia 45,162,000 39.156,poo Persia........ 31,845,000 28,793,000 Dutch East

Indies.... 21,000,000 19,868,000 Roumania... 13,207,000 19.867,000 Venezuela... 9,500,000 4.059,000 India 8,150,000 8,320,000 Peru

7,812,000 5,699,000 Poland,

(Galicia)... 4,500,000 Sarawak (British.

Borneo)... 4,500,000 Trinidad..... 4.284,000 Argentina... 3.844.000 Japan.... 1,500,000 Egypt 1,107,000 Colombia.. 500,000 France

(Alsace)... 436,000 Germany.

350,000 Canada

175 000

Czechoslo

vakia Italy Algeria Cuba Others

100,000

"1

3.940,000

1924 A BOOM YEAR.

Statistics of French automobile exports for 1924 reveal it as a Boom year for this as for many other French' industries. For exports of cars the Agures for the past three years are

1923 1924

FIJI FINANCES.

PROSPECTS PROMISING.

EXCHANGE.

"Hongkong, 16th ̈#pell 1925. Da Londuo-

Bank Wire

19

On demand 8/31/18 -30 day's sight...

4 months" "sight 1-23-4 Credits. 4 months? sight ...B/11- Documentary, 4 moniha aight, 174 On Parta

On demand...

Credit. 4 months' sight...

On demand...

H

On New York-

Du demand.. Credits, '80'days' digbi

On Bombay-

Wire

On demand

Da domand

On Blagapero

The finances of the "Crown Colony of Fiji, which have not been satisfactory of late, are improving. according to the budget delivered by the Colonial Treasurer recently. Atthe end of 1923, sold the Traa surer, there was a net surplus of £30,000; and the accumulated debt was reduced to £193,000. Hẹ expected to close this year with a. Thou-

surplus of £17,000 and a debt "sands

reduced to £126,000. The only (Million metric | fncreased taxation asked for, was: francs.) 'tons an extra 14d on port and customs No, of cars. Value, weight. dues, and an extra td, on benzine.On Oslostia--- 1922.14,011

Wire 403 20 Against this had to be set £120,000 28,604

export duties which the Govern 731 34 .43,934 1,368 52 ment had remitted to help the Thus within three years the planters

Prospects for next year were. number and" "value of

promising.

The Colonial Sugar exports have trebled. Since im-Company was expected to pay ported cars are valued at only £100,000 more in wages, the copra 109,000,000 francs, numbering trade should be worth £180,000 rather more than 14,000, the net more, bananas, should be more sales amount to about 1,260,000,-valuable, and cotton was expected 000 francs. In exports of heavy to yield £18,000 against £3,000 motor vehicles (lorries, etc.) the last year. Savings bank deposits number increased from 2,665 to were increasing, and the Indians 4,198, und the value from were using the bank more freely. Hongkong 50-ats sub. 82,000,000 to 145,000,000 francs. Deducting imports of this type of RUBBER PRICE AVERAGES. vehicle, which are insignificant, there is a net excess of exports for all

vehicles of

motor 1,400,000,000 francs.

these

י.

---

The average rubber prices in Singapore and London for the current Restriction quarter for the period ending April 2 are as follows

Singapore. 65.3245 cents. ,,London ... 18: 6.8438d.

TRADE IN SOUTH AFRICA.

The Standard Bank have receiv.

On Manila

***

On demande

On demand....

On demand...

Op Shaughal --

TH

30 days sight (private paper) On Yokohama On demand.

101

TUESDAY, APRIL 14,71

VISITORS AT HOTELS,

HÖNGKONG" HOTELS

Mr. R. T. G. Altken Mr. G. J. Johnston

Min. Pesatoad 2M+ F. Kalauko)

THE BANK OF EAST ASIA, LIMITED

HEAD OFFICE-HONGKONGE Authorised Capital 10,000,000, Pald-up Capital Reserve Fund

12. $8,008,008; #1,100,000.

DIRECTORS:

Hon, Mr. Chow Bhag, Boo-Chairmanin

April 16

Mr D.de Ath Mr. J. H. John-

atone MD Macwith t Mr. & Mrs. N. Mis L. H Jordan

Beals

Me MK. Keale

V

Fung Ping Khan

Mr. Ben

LA Koon Chun

-401 C. Bean

Mr. J. G. Q Keste

P.

Iwok

Mat Man on

Mr W. horr

Ng Ching Luk

Mrs. B

Pit L▲ Bluk

We Lanug

Mise M. Burton

Mr. & Mrs.

C

Mr. V. Benjamin Me and Mr W

R. Belilion Kreiger

Mr. R. Birbeck Miss B. Lokwood

Mr J. Barrell. Lauritsen Mr. D. Cappieman Mr. Mra My 4, D: Chit

Mrđ Mex

Chambers

Linderma

W. J. B Miss H. Lills

Mr E B Cohen

My W. Colton

Mr. J. H. Cook

1081

Mr and Mrs R.

Cray

D

nom.

Gold Leaf, 100 fine (per taal) 47.80 Sovaraline (Bank's buying rate) 9.64 Silver (per os.)...... ----

"

311

SUBSIDIARY' COINE.

#+

10

Canton coins Bar Gilver in Hongkong Chinese Copper Cash China Copper Conta Rate of Kotive Interest Chinese Bub. Onin Hongkong Bah. Colin....

Miss R. David Mr. LaH. Davis

Mr. & Mr.

Deacon

וי.

Mr. & Mrs. A 'Link

MrJ B.. Lord

Mr Richard Luther

Mr. & Mr. P.

Marke

-Capt. & Mrs. A. W. McKinley & child

Mr F. Y. McConnell

B. Mr A. Mokia

Mr. C. W. D. Van

Dorsser

Miss M. Eccles. Mr. & Mrs. £. E,

Elilla

Mr. and Mr. Mor

Naughtai

wist MeNangbbon

Fong Wal Ting

Mox Ching Kong Wong Yan Tong

Hurals

Ki Ying Po

Chan Ching Bhuk

Every description of Banking and Exchange · bank transestad:

́approved, securities.

Loans

SAFE DEPOSIT BaIES to Wt.

KAN TONG PO

(hist Manage,

·Hongkong, 16th February, 1925.

NEDERLANDSCHE. HANDEL MAATSCHAPPIJ.

MÄRGIKSELAMIN Asammen Boomx)

BULARITERES 1834. Hoguxon Branch Establiment 1908.

Authorisevi (apitas (7.180,000,000 £12,500,00 Paid-Up:faphai...63. 80,000,000 £ 8,680,079 Miss Dorothy Met-Reserva Pand ... G. 20048,033 4 1,470,419

calf

Special Reservm...G.. 22,660,000. ♬ 1,888,900

· HEAD OFFICE –Amsterdam, EASTERN HRAD OFFTOR

Mr. C. H. Montague

and child

Mr. G. F. Elasser: Méra „G. J. Moras, Kine FL Fay 3 dl."

% dis Mr A. 8 Fondlay

Mr. McGregor

* 5.7 dis.

Fraine

213 %, disi

Miss Traine

10% pina

10% pm. 6.%.pn

91% dis

Mr. & Mrs.

"A. H. A. Fong

Mr. N. Murray

Mr. J. Nolasco, Mr. E. H. O'Farrell

Mr Olliver

Misi ", Padwick.

Mr. H. Pearman

in 7% out. Mr. Frania and Mr R H. Pipe

FORWARD SALES.

otherp

Mrs. B. Gelard:

Mr B H. Fuerner.

.. Mr and

Miss A. I, Grifin Redon

BRANCHES :-

Bardfuconola Bandover Colegia Djalkarts Kote-Badja

Padang

Pat Bottonian

Mra de

Ringspons Togal

Mr. & Mrs. J. Gould Mr. A. H Rowe Dr. D. R. Gawier Mr. M. Rudail Afr. G. E. Gibeon Mr Won Ryle

Mr. & Mrs. G. A. Mr V. G. akoy

Henderson

ton

Mso. E. Sparko Mr. & Mrs. A. D.

Silas & infant

It is mainly thanks to Great Britain, Belgium, and Germany that the export trade in cars was so flourishing, since these three countries account for over 21,000 of the 44,000 cars sold abroad. While Great Britain sent.France 27 passenger vehicles she took no

Dahan, Rubber Estates (Limited) Mr. J. Scott Hars. loss than 7,707 cf French make, ed a cablegram from their general recently made a forward contract Mr. A. F. Henry Mr. & Mrs: C. J. as compared with 6.992 and managers, intimating that during for 50 tons of rubber, ex-godown Miss. Horwin 4,706 in 1928 and 1922. Ger- February the Union of South Singapore, at Is. d. per lb. (ap-MER. Hevenith Dr. H. F. Bommers many sent none and received Africa imported approximately proximately the equivalent of Is. Rev. G. E. Hewitt. Capt. L. Siquiland 4.391, against 1,678 in 1923 and £5,300,000, and exported approxi- 62d. London sale terms), for de- Mr and Mrs H. E. Mr. & Ms A

£4.550,000, 151 in 1922., Belgium, which mately

including livery 5 tons per month, March to does not figure as an

December, 1925. exporter.£1,922,000 native gold. imported 9,164. There has also been a notable development of exports to Spain (6,301) and Switzerland (2,529).

The United States is practically the only country which has suc- ceeded in triumphing over the dif- ficulties of the exchange and the tariff and in selling cars in France. Of the 14,000 cars im- ported nearly 13,000 are of American muke..

Great Britain, however, holds. first place as an exporter to France of lorries, tractors, etc., since she is responsible for 58 of the total of 115: On the other 3,940,000 hand, she has imported seven 3,051,000 times as many of French make. 3,400,000 The existing condition of the 1,780,000 French automobile trade is not so 1,054,000 bright as it was, but in part this

474,000

slowing down may be attributed to the winter season. Citroen and 403,000

other firms reduced their staffs 312,000 170,000 considerably in December, but latest reports indicate that things 74.000 are going better, the Citroen pro 34000 duction, for example, being back 9,000 to 200. daily, though it was 300 4.000 last year. There is no doubt that 109,000 the recent decline of the franc,

has helped the export trade once again, especially ая concerns England.

33,000 14 000 4,000 130,000

HUGO STINNES.

INTEREST IN BRITISH COAL COMPANY.

Among the new comp zies

TRANSPORT COSTS ON CANADIAN WHEAT.

IN FRANCE Comptoir National d'Escompt registered in Scotland was one Mr. John Denholm in his pre- In Paris; Oreit Lyonnais, Banque de Park et entitled Hugo Stinnes, Limited.sidential address to the Chamber Au Paya-Bar; Credit Industrial it Commercial

coalmasters Isolate Generale.

Cascanty Trust Co. of New York,

sub-

and colilery pro IN LONDON: The Nettonal Provincial aprietors, with offices in St. Jaisa Bank of England, Lids: Compisir Vincent Street, Glasgow. The Nell as d'Reampte de Paris Credit Lyonnie company is a private one with a

IN NEW YORK, J. P. Morgan & Co. French American Backlog Corporation; capital of £100,000, the

scribers being H. B. Williams, coal exporter Glasgow, a Now castle coal exporter, and Hugo of Mulheim, Stinnes, jun Germany.

The company has been formed as a commercial convenience for handling the German business of two British exporters. Germany takes large quantities of Scottish coal and much of it goes to Hamburg.

· Barinas transacted.

Interest allowed on Current Acontinta stú First Deposita socording to arrangement.

Every description of Banking and Exchange

A. LECOT,

Manager Hongkong, March 30, 1994.

THE YOKOHAMA SPECIE

BANK. LTD.

Established 1890.

Capital (fully paid-up) Yen 100,000,000 Reserve Fund Yan 80,500,000

Head Offer:-YOKORAMA.

Branches und Agencies at:

Nawchwang

Natavia.

Bombay.

*

Romos Ayres.

Calentts Changchun.

Dairen (Dalny).

Naw York. Ozake.

Peking.

Rangoon.

Rio de Janeiro.

Fangtimi (Makda). Saigon.

Hamburg.

Hankow.

Harbin

Honolulu.

Kai Yuen.

Lobe.

London,

Los Angeles.

San Francisco Beattle. Shanghal Shimono eli. Singapore. Seerabaya. Bydney. Tientaln

Tokyo. Talnaniu... Twingtau Vind vortock

Nagoya,

Interest allowed on Current Accounts. Deposit received for fixed periods at tates to be obtained on application.

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

MALFINE. JEWELLERY

Engagement. Keapar, & Wadding Ring LARGURAN SPECIALTY: Jan

"All of higher grade in Alys Golanys: SARY WINDSOR BROS.

170,:68: Nathan Road, Kowloon.

Tel: K 100%

Even when German production Is at a good level there is a fair export trade from Scotland be cause the coal can be sent more cheaply from Scotland by sea to Hamburg than it can be taken to the latter town by rail from the German coalfields in the Saar and Ruhr.

Hugo Stinnes's manifold in- terests in German Industrial enter- prises account for his appearance in a British company.

statement

takes

an

SPANISH FINANCES. The Ministry of Finance in a

issued optimistic view of the Spanish financial situation, as compared with last year. The' statement says that at the end of February. by revenues had Ingreased 3,855,796 pesetas. This was con- sidered most satisfactory in view of the fact that none of the money came from recruits, who no longer can purchase their way out of military duty, a practice which last year brought in mora than 5,000,000 pesetas.

TAKE WITH SWEETENED WATER Saves the babies, halps the grown ups, comfortaalderly people—tha "Chamberlainfig: Colle

Diarrh Remedy: Used for: Chudden apaing; in, stam

of Shipping analysed, the com- parative, costs of transport of Canadian wheat Britain,

to

and the striking results which his figures show are of particular in- ́ terest in view of the criticisms made

Denholm recently, Mr. quoted figures of rail and

freight ocean

on wheat in

LOCAL SHARE MARKET.

OFFICIAL

APRIL 14. Names

QUOTATIONS.

H

Stock Exchan

APRIL 14 Sharabokors' Asunciation.

H.B.H.C. T.T. on salling rate

!

London

and on Shanghai

Las $72) Hongkong Banka 153) sa Londes-213) n Ohartered Bank

Call P. & O. Bänk...

1.2.11b Fast Asia Bank

$100 Moromatifs Bank A B 294-19 b. do. 0 213.1/8.b.

Marine Insuradoss Canton Insurance... North Chius Tahurance Orion Insarsac

Insurance Yangtze China Dadire

Fire Insurances

China Fire Insurance ( Hongkong Fire Tosaranon... shipping

Douglase....

H.K. Steamboats Hougkung Toys and Lighter Indo-China (Pref.

Ан

(Dol.)) (B.K. Reg.) ...

*: 1280

291-1/2.

b. Bit

3. 103

A" 2291

b.. "C" 13

456 b.

b. 748

140 m.

40

**

971'45.

$45 h.

45

(§ 1.50 b 2.83 na

$ 130 b.

123

656 b.

n.' 53

837-1/2 # #4in.

b sa

b. 4.29.

381

***

130.

19) n.

83/

H

187. ."

GBY

# 17-1/4 .

D. 19:10

10

$3055 DA

11 255

$.55 #

b. 8 69

b 53)

a 67 @

Shanghai Loans

Gamb. 17 #7.0.

b. 284

b. a 4-61.

Ringle Langkata

#13) 6.

b. 11-1/1

Trunch Minos

# 330 n 167. b. But th

P. 2.70 b

193

b. 91

Shall Transports... *Star Ferrie Water-bosta - Oriental Nav, Co. Refineries

China Bogar

1. Malabon Sngür.

Wining

H

Kaikki Hining Adm.

Langkats......

S'ha Explorations.h

Raub

Ural Casp.

Benguet Don...` Docks_Wäärves, Gadowns, 26,

A. & K. Wharis

F. & W. Dock- S'hal Docks

Estater

$191

b 30

Smith

Hall & 9 akildren. Tobias Capt, TP.F

Hall

Mr. A. D. Taylor Mr. & Mrs W. A. Mr. J.

Thomson Mra & Mis Thorne Hannibal Misses A F. Mr Tut midjaz

Hamilton

Mr G. Van Put Mr. G. A. Harriman Mr G.T.Vauder org MTOM HADAR Mr B. Walduck Mr. & Mrs. A.Hicks Win Welduck Mrs. Bately s Capt. & Mrs. Walker ET. Boldworth Mr. & Mrs. Watt Mr. C E. Holmes Mrs H. L. Wilson Mr. & Mrs. Wm. and 8 tóya

Biggins

Wiss M. Wilson

Mr. & Mrs. A. & Mr and Mr G.

Harnes

When ner #child Mr B L. Ho oatia Mr-I Young Miss A. Jerrold

REPULSE BAY HOTEL

April 13.

Mr & MrsA.E. Van Me LarrESED.

dol & child Mr & Mrs E. Land Mr & Mr G. B. Mr & Mr Maligoy

G. Bannerman and child

Mr and Mrs. A.E.A. Mr. and Mm D. E

Carleton.

He Dannio

Mr and Mis

Morgan

The Mira Newton

L.Mr & Mrs Balenber Mrand Mrs Fabjoth Mr and Mrs Fred, Mr and Mrs T.

Fabryver

[]

Mr. and Mrs P. M. Mr & Mrs Vander

Hodgson

Blee Stephens

My and Hew A. U.Lt-Doland.

Kochier

Mrs

Mr and Mrs J. N. Mr and Mrs E. O

Parker

Wood

Me and Mrs B.-J..

Lacca

. יד

PEAK HOTEL April 8,

Dr J. W. Anderson Mian G. Kennedy Mr 8. A. Arthur Mr H. F. Koy

Min E. R. Bally Mr And Mr E, B.

Dr H Baloa

Kil

Mr and Mrs T. G. Mr & Mrs & Lape

Bennett

Mr. and Mrs 8. H.

Mr J. W. O. Bonner Langston

Mr. E. Bob Bad Mr K. Lanen

Bombay Oberboa Damber Tom Hague Kole Makawar Muda Palembang Puntioak

Boers.ba

Fecalongan Banion

Shangbal

Borakaria (Halu

Weltevrede

LONDON BANKERS :-

National Provincial Bank, Ltd, 'Correspondents all over the world.

BANKING BUSINESS OF EVERY DESCRIPTION.

WEL GROSKAMP,

Hongkong, November 6, 1994..

司公理管業實法中

SOCIETE FRANCAISE. DE GERANCE

DE LA BANQUE INDUSTRIELLE

DA UHINE..... ETABLISSEMENT FRANCO CHINOIS.

(Incorporated in Franes),

5; Chater Boad, Victoria, Hongkon

HEAD OFFICE: 74, Rue St. Lebens Paris.

Subscribed Capital fully

paid-up

Beserve Fund

Fr. 10,00 Fra 10,800,0

Working fund provided by

THE BANQUE INDUSTRIEKA

Paris:

DE CHINE

FTB., 50,000,000,

BANKERS:

Societe Generate. Nationale de Credit. Banque Paris et des Pays-Bas

New York: Irving Bank Columbia Tamm London: Midland Bank, Ltd.

Co.

Every description of Banking Exchange Burinese transacted. - Corven- pondenta throughout the world.

M. FTTZ-HENEY,

Mazager. 10th November, 1924.

THE BANK OF TAIWAN, LTIL (Taiwan Ginko.)

Incorporated by Special Imperial Charter, 1899,

Capital Subscribed

Capital (Paid-up) Reserve Fand

...Zen 50,000,000

Yen 59,500,0 «Yan 12,980,00€

HEAD OFFICE: TAIPER, FORMOSA.

BRANCHES:

Mr and Mrs P. W. He and dra G. D. JAPAN-Tokyo, Yokohama, Kolej

Blackwel}

Loya

Me W. F. Bourne Miss Leys

Mr M. J. Freon Major A. § Little: Col. & Mr C. Russell Johns

Browa

MEL H. 8 Lloyd

Kiss P. W. Brown Mr J. D_L'oyd Mr and Mrs R. L. M: W. H. Look

Bridger

Me and Mrs W. Kr 3. D. Caro bere Logan Capt & Mrs J, O. Mr and Mrs. T. A. ⚫ Carpentar

Martin

Mica Oshind. He J. Woiinh Mi-s B.Cooper Mr H. A. Mila Mia 1. H. Cormack MrE E. Himmack Mr and Mrs W. A. Mr and Mrs 7: W.

Mupton Mrs J. D. Mise M. W. Nowe

holme

Corneli and

Danby L-COL B. A. Dob.

blo

Mrs N. U Donald ifrs Bamsen Killia Mon Killin Mr and Mrs W.

Eastson

(b.18.11. Now-

- b. & a 70 Canis

Mr

* 86

€ 20-1/3 b

$150

$4.31 b

$3.00 m.

M 1004-12

A. 6-1/8

100

$10 n.

$11.95:18.

11.00

***

...T. 881.b.

T 60 k. New $30-1/3 b.

4. 60 Now 33 A.

Lit

(b. 213 New b. 84 (

bulk from Calgary to London. His analysis showed that the rail-

New Engineerings... R. E. Engineeringe. way freight per mile in Canada is nearly six times as much as the Shanghal Rongkows sea freight, and that even the Cands, Watein & Batidings."

A.K&B'hal Hotals $15 15 in New water rate on the Great Lakes is

H.K. Developmenta

80 Cantek, Further four times as high.

195. Hongkong Lands interesting figures which he gave Humphreys were that of the total cost of

Kowloon Lands Princes Building... carriage from Calgary to London, `·

H.K. Rosity 72s, the liner gets 14s. Cont of

HR Territorial transport in winter represents Rural Land... 111⁄2d. on the 4 lb. loaf, and of this Detton Mille, the liner, which is responsible Exo Cotton Mill, Ltd. for transport over half the total Kang_

*Kung Mows. Tem distance, receives1⁄4d.

Lou In sum-

Oriental... mer the total cost works out at

Shanghal Cotton **** about 11⁄4d.. and of this Yangtazopood... the sea carrier receives MiscalianGONE. 14d., the railway.. a little

Cements

$70,b. •New 5.85 b. overed, and the lake boat a Cemente Combined #211 b' little less. These and similar.)

Chias Lights (Old) figures which Mr. Denholm gave of Canadian cattle rates would ppear to support the plea for a full and impartial investigation to thresh out the whole question of Canadian freights.

ITALIAN PAPER. MONEY,

Italian Legation at Peking is to A message given out by the the effect that in the course of a speech made before the Senate at Rome, the Italian Minister of Finance stated that the payer money circulation in Italy fa steadily decreasing It amounted to 20.514 million reson December 31, 20,045 million lires on January 81 and 19,871 million lires on February 28 To wat expected to be further reduced by one thousand million fires during the current month..

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Mr D. FitzGerald Mr A Forbes

Mr W. Ogden Mr T. E. Ollerton

Kra, H. Penn Mr A. Prismall Mr and Mrs. H. R.

Remington

Mr. Ritche Lt. Col.

Sanders

Mr« ✪

Min M. Forber Mr & Mrs In G.Booth Mr E. J. W. Foster Mr R, R. Shaw Miss G. Fothergill Mr B. H. Skelton Mr And Mrs F. P. Mr and Mrs T. F

Frankilo

White Smith C. Proderick Mrs & Miss O. and kirs W. D. Stabbings Goodfallow Mrand His E. FL

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Mrand Mrs Geo. W. Btardee

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Mr O. P. Stardes Mr and Mrs B. A. Hrs J. 8. Thomson Mrábím G.Thwaitar Miss M. B. Hal Miss Thwaites Mr J. B. Hawker Mr. Woklo Mr and Mrs W. J. Lt. Col. and Mrs H,

Hawkerm vieTravelyan Mr GM, Homs Capt. R. 24. Walker

worth

Capt. A. R.Watts Li. Comdr. G. F. Mr E. &. Weller R. Boleh

II AJ L. Whyte Mr.H. Howell

Mas 0. Willmott Mr T. L. Jenkin Krind Mm F. a. MIND. O. Jenkins Wood OEM, Mr 08 Hugh Jonne Mr G. 0. Workli “Mr and Mrs A.

Kennedy

A cynic was recently asked why

a woman, next to getting married herself, loves to ace another wo married. He replied increases her che

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Osaka, Mol

FORMOS Giran, Kagi, Karančia,

Keelung, Making, Nanto, Pinam, Bhinchien, Taiche, Tainan, Takow, Tamani, Tobyen, Ako, CHINA,Shanghai, Hankow; Klukian

Amoy, Foochow, Swatow, Canion, OTHERS.—Bangkok, Hongkong, Binge- pore, Soerabaya, Sameyangk Batavia, Bombay, London, New York.

LONDON BANKERS: London County Wasteninster and Parr's Bank

The Bank hay. Görrespondents in the Commands Centres in the Europeas Continent, Badis Mes churia Tangtao, Japan, Indo-China, Bison, Zadita Philippina Islands, Java, and Datei Indies, 201 ralia, Amerion, Astion, ko,

Interest allowed on Carreek Asseong, and Pizsā Deposits at rise which will be quoted on applies Bon

Z. YAMAMOTO, * Manarez. HONGKONG BRANCH,

3, Des Vaux Road Central Hongkong, Bih June, 1994.

THE BANK OF CHINA” 行銀國中

(Specially Authorised by Presidential Mandate ed the Republic of Shine om the Rhod of Neemaber, 1917). Authorised Capital - $50,000,00IUNE. Paid-up Capital Reserve Fund wor

*** $18,378,008.

HEAD OFFICE; PEKING","

** HONGKONG HRANCH, QUEEN'S "RQAIN CONTRATA Branches and Sub-branches all ov China and Correspondente: in: Eizona America, and other parts of the world. London Bankaçıram" The National Proy H zelál and Union Bank of England; Léd The Guaranty Trust Company of New

New

York Bankanıtan The" Ervi National Bank Bug Fre Alim Equitable Trust Company at 2

36.

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