1925-04-15 — Page 2

Page

HON

(ONGKONG & SHANGHAI

BANKING CORPORATION.

ÅRAD OFFCR: HONGKONG:

Authorised Capital............ $50,000,000 I SUED AND FULLY PAM UP $20,000,000

́KESKAVE „ÞÜNDS —

:

STERLING... £4,500,000 SILVER...... 126,500,000 RESERVE LIABILITY OF “

PROPRIETORA............................)

830,000,000

COURT OF DIRECTORS:

G. M. Young, Vajkhairini

E. P.White. Era, -Peputy Chairenam. ·

COMMERCE AND FINANCE.

MANCHESTER REPORT,-

THE COTTON MARKET; "

March 1, 1925. The American cotton markets have been very firm and prices have advanced further. The main support again seems to have been genuine trade activity.

Buying

THE CHINA MAIL.

BRITISH SUGAR SUBSIDY

REFINERS. OBJECTIONS.

The objections of the British Sugar Refiners' Association to the British Sugar (Subsidy) B are detalled in a pamphlet which has been circulated among members

of the House

of Commons

RD. P. Beith FwHon. Kr. 1. P. Lane, Lof actual cotton, especially on the Committee dealing with the Bilt. W. H Ball, En W. Patterson, Faq

AH. Compton, B. A. Plammer..Eq. Kos. Mr. P.E. Holyoak. T. G. Weil, E

CHIEF MANAGER: A. H. BARLOW, EEQ.. Managar: Shanghai-0. STITT, E

LONDON BANKERS. · Westminster Bank, Ltd.

LOGAL CURRENCY and

♫

C

CURRENT ACCOUNTS opened in FIXED DEPOSITS received for one year or harter periods in Local Currency and Sterling on terme which will be quoted

on application.

Hongkong, 21st 1 -branry, 1815.-

HONGKONG SAVINGS BANK

is that

KAPAYANG RUBBER:

COMPANY BUILDING UP: 'A RESERVE.

He thought, however, in view of possible alteration of policy, such as partial or total removal of the present limitation on export, the Company was well advised to build up substantial reserves, N

Mr. B. T. Byme, speaking at the annual general meeting of the Kapayang Rubber Estates Co., Lid Shanghal, stated that the Company had invested a further Tis. 2,500 in municipal debentures, making a total of Tis. 5,000 in that stock, and they intended to make further investments of the same nature, after, of course, providing spot, has been substantial and Refiners case

The pamphlet atates that the for a dividend, which he thought "the would pet long be delayed, as statistics point to a steadily increas-agcicultural interests could have they had already received $10,000 ing consumption. In addition

been safeguarded and served to. since the accounts were made up there has been no relief from the the full without the creation of and a further remittance of a similar unfavourable conditions for the

substitutes for existing refineries, amount would provide 10 per cent (preparation of the

and distant months have

new crop.

and without the throwing out of on the shares. con-

work of men employed in these tinued to attract attention оп this account. Liverpool' spot sales

refineries. Since, however, a at 10/15,000 bales dally have bees, subsidy is granted to the new white sugar producer on that part unusually heavy. The continued good demand for actual cotton on

of the process producing the white the spot and forward shipment, in sugar, equity demands a corres- spite of the advancing basis, is ponding remission in tixation for indeed the outstanding feature of existing refineries. The subsidised the situation and it gives little of an enormous bounty after the sugar producer, with the halance

agriculturist has received his allotted share, is enabled to throw regardless of value, and to entrap his produce upon the market

the British refiner between the home grown sugar devil and the der sea of dumped foreign The Investment Index Figures refined."

of the British, Foreign and Colonial it is declared, "has to withstand making the necessary adjustments "The British sugar refiner, Corporation, Ltd., show that after blows aimed at him from every for bonus distributions, new ents Even the Morning Post in of capital, &c, 100 standard In-. a leading article on February 10 vestment securities of an aggregate levelted accusation against value on December 31, 1918, of

of the refiners some

In

the £2,991,000,000, and on Decem words: These

same ber 31, 1924. of £3,207,500,000,

reason to expect any material fall so long as it goes on The visible supply of American cotton is decreased by 111,000 bales on the week to 4.277,000 bales against a decrease of 96,000 to 2.694,000 THE businon of the shoN bales, at the same of all conducted by the HONGKONG while the visible supply of all AND SHANGHAI BANKING COR kinds is reduced by 125,000 PORATION, Roles may be obtained on the week to 5.744.000 bales oo application.

INTEREST on deposite in calculated against a decrease of 83,000 to on the lowest balance during ench com- 4,716,000 bales last year. In the plated Calendar Month at 34 par cent. per annum. Should there he do balance on any day in a month no interest will be allowed for that mouth.

Depositors may

Egyptian section a large trade has been done and prices have reached the highest level for the season. In the Manchester market

angle.

following

an

nothing to foster either

a

Mr. Byrne was re-elected director, Dr. E. C. Gauntlett was Mortimer Reid and Slee confirmed as a director and Messrs. were re-elected auditors.

".

INVESTMENT IN

FIGURES

EXCHANGE.

Hongkong) 15th #príl 1926..

Ou London--

Bank... Wire....

On demand ...

12/31/18

19

и

30 day's sight... 4 months' night- Credits months' sights/ Documentary, 4 months sight 3/4 On Parle-

On demand

. abta

Oredita, monthy sight... On demand.m On Naw

On Bombay..

Wire

On demand *** *** Cradite,

80 daya' sighi

50%

On demand

A 161

IM

Wire

on ala-

On deward On Slammpare-- On Manila-

On demand..

On datamad On Shanghai-

On demand...

T

WEDNESDAY, APRIL 15, 1925.

"VISITORS AT HOTELS.

HONGKONG, HOTEL.

April 14

Mr D Beckwith Mr. & Mrs. Wm. Mr. & Mra. N. Higgins

Boale

Ba L. Bend

Mrg (1) Bean

THE BANK OF EAST ASIA, LIMITED.

HEAD OFFICE, HONGKONG; Authorland Capital... 10,000,000; Paliqp Capital $6,000,000 Reserve Fand

DIRECTORS;

Mr. & Mrs. A. B.

Hersco

V

Tung Ping Shan

Li Koon Chan

Mr. V. Benjamin Mr. G. J. Johnston Mrs. B. R. Bolilios Mr. J. E. John Mr. R. J. Birbeck

Mr. D. Cappleman Mrs. D chant Mr. J. H. Cook 'Mr and Mrs R. D

Grav

Miss R. David

Mr. L. E. Dayla

stone MILF Joiden Me F. Keltiskal Mr. J. G. Koule Mr and Mrs. W.

Sroider

Mr.

Mr. G.

Lauritzon

Mr. & Mrs J.

Linderman'

Miss H. Lillia

Mr. C. W. 0. Van Capt. & Mrs. A. W.

Mr. &

Mrs. B.

Deacon

***

001

Dorsser

Miss M. Eccles

208

nom.

Mr. & Mrs.

***

30dare dicht (privato paper) On Yokohama -

Mr. G. F. Filasser

Mr. B. Fondlay

A. H. A. Fong Mr Fraula

otherm

Mrs. B. Golard

$3,100,000,

Hon. Mr. Chow Shas Bon-Chairma

P.K.Kok

Ng Ching Lak

Fong Wa Ting

Max Ching Kong Wong Yan To

Huruh Tai

Kan Ying Po

Chan Oling Bhak

Every description of Banking and Exchange. baalne traente, Loans granted approved securitie

th

SAFE DEPOSIT BOXES to lm,

KAN TONG PO,

Chief Manager,

Horgkong, 10th February, 1925..

McKinley & child NEDERLANDSCHE HANDEL

Miss Dorothy Mot

calt

Mr. C. H. Montague

Mr. N. Murray Mr. J. Nolasco' odMr. E. E. O'Farrell'

Me fillivar Mr. H. Pearman Mr R. H. Pipa

Miss A. E. Griffin Mr. & Mrs. J. Gould

I

||

On demand... Gold Leaf, 100 Gno (per teel) <7.60 -Sovereigää (Bank's buying rato) 8.84

81. 11/16 silver (per

SUBSIDIARY COLTE. Hongkong 50 centa suit,

Dr. D. R. Gawier

3 % dim.

Mr. G. H. Glbron

10

B.

2%, dis.

54% dia,

Canton ootus

314%, dia.

Chinese Copper Omah Chinees Copper Conte

10% pm.

Bar Silver in Hongkong 10%.pm.

Rate of Native Interest 6, in 7% out.

S1 Chlons Bub. Cata |Hongkong Buh.-Cola.

dia

dia

BANCA COMMERCIALE

...ITALIANA.

The directors of the Banca Commerciale Italiana recommend a dividend of 12 per cent., le..

option Balance of $100 or more to the The large Far Eastern Markets Cuba for their supplies, and did 27, 1925; of £3,216,000,000, anthe same as for 1923. It is pro HONGKONG & SHANGHAI BANK have shown rather more interess to be placed on FIXED DEPOSIT at CURRENT RATES.

For the FONGION? & SHANGHA)

Baskoro CorrŪŽATION,

H. BARLOW,

Chlef Manger Hongkong, 712 January, 1925.

THE CHARTERED BANK OFlare INDIA, AUSTRALIA & CHINA.

INCORPORATED BY ROYAL CHARTER, 1853.

HEAD OFFICE: LONDON.

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

£3,900,000. Reserve Liability of Pro-

prietors

3,000,000 -FOREIGN EXCHANGE and General Banking business transacted.

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

able to

our increase of 7.51 per cent. on the Colonial sugar growers, or British quotations on December 31, 1918, beet sugar." This accusation is as but a decrease of £1,500,000, or unkind as it is untrue. British 006 percent. on the quotations on

was the sugar refining

first January 31, 1925. under Government control after industry of any kind to be taken the outbreak of hostilities in 1914 and no refiner had any voice in the source of his supplies of raw sugar."

RUBBER PROFITS.

and the amount of business transacted has been somewhat better, but it

is still below normal The smaller outlets. however, have been barely 29. active, so that the aggregate turn over shows little, if any, improve ment. Cloth prices are higher in sympathy with cotton, as spinners maintain their basis as a result of short time, and manufactures of almost all classes of goods are still sold sufficiently ahead to maintain 'margins. For yarns there has been a better demand from the Continent. Bukit Kepong Rubber Estates Americans are advanced d. per made a nett profit last year, after tb. and fine Egyptians Id. per lb providing for depreciation, of India enquiry for whites, dhooties, E15,209 50 to which has to be added fancies and prints has been im$6,579.72 brought forward, from the proved, but the business arranged previous year making a total at the has been generally for small lines credit of profit and loss account of only. China has bought fancies $22,285 22. The directors recom and whites, Singapore continues mend that a dividend of $ per to buy varied styles, and the cent. be paid in respect of the Continent, South America, Africa year, absorbing $0.500, and that and the Home Trade have also the balance of $12.785 22 be carried lent some support.

forward to a new account' subject to the payment of directors' fees and commission to staff. The crop harvested for the year amounted to 74.555 lbs. against the export According to the statement made allowance of 77,861 lbs. Three- by Sir George Lawson Johnston, tons monthly over January-June, in his address to the shareholders 1924, were sold at 60 cents per lb. of Bovril, the export sales of the A sale of 36 tons over the whole of company appear to have exceeded | 1925 bas been entered into at 54 those of any previous year. In cents per h delivery three tons fact, ever since the export restric-monthly. tions were removed in 1919 a steady increase has been shown. Owing to the progressive develop ment of the business, fresh capital is required, and at class meetings of the Preference, Ordinary, $31,423.16 which with the balance and Deferred shareholders, of $60.370 68 brought forward from resolutions were unanimously the previous year makes the total approved sanctioning the creation $91733 84 at the credit of profit IN LONDON: The Nedinal Provincial of 250,000 new Preference shares and loss account. From this has Jiss Bink a Bagland, Ltd. Comptoh and 250,000 new Deferred shares Nuial d'Esencipta de Paris Credit Lyannise, of £t each, ranking in all respects

IN NEW YORK: J. P Morgan & Co. Fresch Amerloan Banking Corporation; Anurkaty Truzi On, of New York,

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

BANQUE DE L'INDO-CHINE.

HEAD OFFICE:

96. Foulevard Hauganna. Paru

Kynrihed Capital

Paid-Up Capital

... Fra. 72,000, B001,0

... Fr. 58,41,800 OK

Beware Finder Pos 69,667 295.54

Bangkok

Battambang

Centon

Djibouti

Hilpost

skow FRAD

BRANCHE

Kongkong

Moegime Nouma Paporir

Patie Pn9ng-Panh Pondicherry BANKERS:

/

BALGOD Ahanghai Siocapore Taquin Tourens Yunoaníu

IN FRANCE Comptoir National d'E-compt

in Paris; Credit Gronnais, amino de Par

14 Para-Bass Credit In Instil at fommercial Janine Cineralo.

!!!

Tatures allowed as Currin Accounts and Piya Depaalta scoording to arrangement.

Every description of Banking and Exchangs Basinem transacted.

A. LECOT,

Manager Rongkong, March 20, 1924.

11.

THE YOKOHAMA SPECIE

BANK, LTD.

Eatablished 1880.

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

Ton 80,500,000

Head Office:-YOKOHAMA.

Bruncher And Agencies at:

Batavia,

Bombay.

Buenos AprON.

Calcutta,

Changchun.

Dairan (Dalny),

Novchwang.

New York

Osaka. Peking.

Rangoon. Bio de Janeiro,

Fangtion (Mukden). Saigon.

Hamburg.

Hankow.

Harbin

Konolaik

Kal Yuca,-

Lobe.

London

Los Angeles.

Lrons.

Manila

San Francisco. Seattle.

Shanghai." Shimonoseki. Singapore. Soerabaya. Sydney. Tientsin.

Tokyo. Tarantu Nagsanki.

Tsingtan Nagoya

Vladivostock. Interest allowed on Current Accounts. Deposits received for ixed perioda at eatas to be obtained on application.

O. ARIMA, Mannger. Hongkong, 11th March, 1925,

FINE JEWELLERY

· Engagement, Aneper, & Wedding Bluga.

·A SPECIALTY,

All of highest grade in the Colony. WINDSOR BROS.

No. 58 Nathan Road, Bosaloon.

·T X.609

BOVRIL NEW CAPITAL.

pari passu with the existing shares.

The report of Kamasan Rubber Co., Ltd., for the year ended December 31, 1924, states that after allowing for depreciation the nett nr fit for the year amounts to

to be deducted an interim dividend

of 5 per cent. paid on October 15, 1924, absorbing $12,000 and leaving Sir George Lawson Johnston a balance of $79,733 84 available. expressed the opinion that the time Directors recommend that this had arrived when a good turn balance be dealt with is should be awarded to the Deferred follows:-That a final dividend of shareholder without doing the 10 per cent. be paid (making 15 other shareholders any harm. The per cent for the year)" absorbing new capital proposals, he added, $24,000, that $30,000 be transferred would strengthen the position of to a reserve fund. That the the Preference and Ordinary share balance of $25,733 84 be carried holders to the extent of £375,000-forward subject to the payment of the new capital brought in by the bonus to the staff. A forward Deferred issue at 30s. a share. He sale of four tons monthly during maintained that it was as even and 1975 has been entered loto at 60 fairly balanced a scheme as could cents per 15. be conceived, as every class of share got some advantage.

by

the

A RUBBER BOOM.

Thus the Topicist of the Singa- pore Free Press:-

VANCOUVER'S PROGRESS.

To boom or not to boom, that is According to figures compiled the question agitating the minds Vancouver Merchants of rubber share dealers just now, Exchange, Vancouver has become many of whom may be seen the third most.Important port on patiently removing from the walls the Pacific Coast, from the stand of their offices the decorative point of foreign tonnage, the ornamentation of scrip which figure's for, 1924 being 2,640552 they pasted there some years ago, tons which were exceeded only by to signify their contempt for Los Angeles with 3.312,864, and paper wealth. The price is rising San Francisco with 2,738.490 tons. and the usual preliminary of a Portland, Ore., comes next after boom, the careful dissemination of Vancouver with a little aver guarded hints that of course, no 1,500,000 'tons and then Seattle

one wants a boom, but I am with 1,317,608.

advised that there is a possibi On January 12, Hon, W., C. lky... and If the price should Nichol. Lieut-Governor of British go higher shares will of course Columbia, formally opened at Van be

valuable and couver a new grain elevator be- holders are advised to hold for the longing to Spillers, Limited which "prescat," is actively proceeding. can contain 2,250.000 bushels and Well, well, there are advantages has been erected at a cost of even in a wild cat boom, mon :y $2,000,000. The storage capacity Peirculares and lots of valuable ex- of the port is now over 6,000,000 perience is bought and sold. bushels

SILK SHIPMENT.

morc

FORWARD SALE

The Directors of the Jimah Silk forwarded from here by Rubber Estates, Ltd. (Singa- the s.s. Empress. of Canada on | pore); have sold 18 tons of Ribbed March 21 arrived in New York Smoked Sheet for delivery in (St. John's Park) on April 10, equal quantities monthly July and || having been 20 daya in transit. December, 1935 at 65 cents per lb.

+18

posed to place 20 million lire to re- serve, as for the previous year, and to carry forward about 20 million lire, in addition to the 17 millions carried forward from 1923.

LOCAL SHARE MARKET.

OFFICIAL QUOTATIONS."

APRIL 16. Namos

Saok

IYA.M.

Stock Exchan

E.S.B.U. T.T: on selling. rate

London

and on Shanghai

0724

B-11 ||-b

... $100.

£%%•1/3 b. £13.1/6 b.

Rangkong Banks 113) 3 &ˆss „London-£133 n Chartered Bank P&Q-Rank in Esat Axis Bank Mercantila Bank AB Marias fasaranoss 'do. 100.

Canton Insurance... North Chion Innarsáce Caion Tosarse Insurance Yangtəza Obins Unders Fire Insuranose

Chius Fire Insurance... Hongkong Fire Insurance... shipping

Douglases...

B.K. Steamboats *****

+

Hongkong Tags and Lighter 14) n.

**

*

APRIL 15, Bharebrokeri' soolation.

3/2

*73手

sa 1990

D e21-13

-b-2114-

. 100 b. ""2991 b. *0* 191

b. 755

11. 38

120

755 b.

# 140. D.

$ 27in

4. 2-3

B

$45 b.

b. 45

... 90 2.80 2.83%90 un'

a 2.00 2.90.95

$200 b. #866 b

200

660

A

$ 54 A.

D. 51

$372 6

b 387..

E. 4.30

Tudo-Chinas (Pref.

38 n.

do. (Dol.)) do.

་་

120 n.

(H., Reg.) ....

11 n.

85 11.

187 D

1. 83/ 187

....... ↑ 17-1/4 h. 1.

D. 10.10

$385 1.

· 355

166 N

b 63

ban

D 514

06 д

n 7-8

Cimb. 271

b. 281

37 n.

$13 b.

b. 7

b. @

b. 11-1/1

3 30 n

n. 31

b. 5%

8. D.

P: 2.60 b 2,65 & sa

$181 b

23 1921.3

$191.

126-4

Til b

the

Shell Transporta Star Ferrios Water-bosta Oriental Nav. Obi Refineries

Chins Bugar Maisbon Bugar

Kalan Mining Adm. Langkata

wining

•

Shanghai Loans S'hai Explorations...h Single Langkats Rauba

+

+

Tronoh Mines Ural Carp Beauet Coa... Dooks Wharven, Godowns, do.

H. & R. Wharis H. & W. Dook S'hai Docks

-

New Engineerings

A. K. Engineerlags,

Shanghai Hongkew .....$203 b. Lands, Hotels & Balldings,

1

+2

བ་

-

***

-

9.6, & S'hal Hotele 015-15 b de in New -- HE. Developments

eo Conta b, $94 an Hongkong Lands ... Humphreys Estater. Kowloon Landa Princes Building... H.K. Realty H.K. Territorials Rural Lands.

Ootton Mille.

....$150 p

1640 b

$3.90 1.

$10 B

Ewo Cotton Mills, Ltd. ... $19.ă sa, Kung Yike

Lao Kung Mows... Orientals. ** Shanghal Cotton... Yangterapoos... Miscellaneous,

Cements

+

"

T. 991 b. ds an

T 60 b. Now #50-1/2 b.

#11 b. 99.13 sa Now”b. & se Cements "Combined #32) b 184 sa China Lights (Old) ...

Dairy Farms.

H.K. Electrics

do (New) $19 b Comb China Providente (15) n. New di a

Providents Combined.

398-b.

$98 b.

#66 b

19 m. Həm 10,907 19

$48 8 47:47 x

... 98.00

(Now)

8

and

HI

Macao do Hongkong

Onaton Icon Hongkong Rope... hopes Comined..... Hongkong Tramways... Poak Tramways (Old). Watson's

Do.

Wm. Powells... Lane Crawfords AM Chaton Loca 7.A. Construction Nanyang Tobacco Fingered-p Mackintosh H.K. Tazi China Busca'

80 b New 16 1.

THE

IM

་་མ

#7 b.

84 b. 4

n. 185

n. t

(b 15.30 sa 15.184.50 Now

b. 70 na Rób Cente

m 84 as 9-1-94 bása 101.

IL.

180

b. 4.40

2.4-1/1

b 11,69

b 3.20

a. 60 Now 32 n

fb, 19.10 New h. 8

(Comb, b d is 31.30

18. 243/25

(New b. 18 Comb b 18 (a. 18 Now a

Comb. 8-1/2-

b 28.30 un 201 b65-16.

b 164 Now 10 b b 48

- B. F. Puerner Mr. A. H. Rows Mr, M. Rudel

Mr. & Mrs. G. A. Mr Y. G. Pankor

Henderson

Mrs. E. Sparka

Mr: 3. Scott Hars- Mr. & Mrs. A. D.

ton

Silas & infant Mr. A. F. Hey Dr. H. F. Sommers Mr and Mrs. K. Capt. I. Siquiland

Fall children Mr. & Mrs. L. A. Capt. T P. Hall

Tobias

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

Hannibal

Mr. J. Thomson

Misses A. & F. Me-Tutmidjan

Hamilton

Capt. & Mrs. Walker Mr. G. A. Harriman MF- 8. I. Wilson Mr. & Mrs. A.Hicks - and 2 boya MET Holworth Mr And "Bir Mr. C. E. Holmes Woomer & child

REPULSE BAY HOTEL. April 11.

Mr & Mrs A. E. Van Mr Larresen

Audal & child Mr & Mrs E. Land- Mr & Mrs G. H. Mr & Mrs Maligay

G. Bannerman

and child

Mr and Mrs AE.A.Mr and Mrs D. E.

Carleton M+ Dennie

Hrs and Miss

Morgen

Dr & Mrs Newton L.Mr & Mrs Saleabelr Mr and Mrs Bohjoth Mr and Mrs 1.

Fobry vor

Mr and Mrs Fred.

Ellis

Mr and Mrs &. C.Ltel and

Koebler

Mrs

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

Hodgson

Steeg

Stepbons,

Woods

Mr and Mrs J. N.Mr and Mrs. X. C..

Parker

Mr and Mrs B. J.

Lacon

*

PEAK HOTEL

April 10.

Dr J. W. Anderson Me 0.8 Hugh Joam Mr S. A. Arthur Mr and Mrs. A. a. Mr & Mrs F. Austin Bennedy Mina E. R. Bally Bia G Kennedy Dr H Balond Mr M. F. Koy -Mr-and-Mra-T.G.Mr_and-Mrs-E,~E~

KW

Beanett

Mr J. W. C. Bonner Mr & Men &. Laba Mr. J. K. Bob fold Mr and Mrs 8ɔ. E. Mr and Mrs P. W. Langston

Blackwall

My E. 1780Tİ

Mr W. H. Bourue Mr and Mr G. D. Mr M. J. Freen Leye Col.& Sims C.Russell Mias Leys

Brows

Major A. 8. Mias P. W. Brown Johns Mr and Mrs R. L. MEL M. 8. Lloyd

Bridger

Mr T D Loyd

MAATSCHAPPIJ..

Р

(SHEXKKLANDI TRADERS BOCINST.)

J

Berazzierko 1894. Houxoro Brant Brantinnen 1906,

Authorinid UspTUR: €. 150,000,000 £12,500,00 Pald-Up Capitar... 80,000,000 £ 8,584,67% Reserve Fan G. 20,43,08€ £ 1,470,419 Special Kasarvo...kr. 29,560,000 £ 1,888,200 HEAD OFFICE :---Amsterdam, FASTERN HEAD OFFICE --Batavin." BRANOHES:- Bandjerman Bandovig Calenta Djokjakarta

Kota-Radje

Padang

Penang

Botterdam

Ringapore Tegal

Bombay Überibon Djember

The Hague Kobe Makar

Mudan

Palembang Poolongan

-Pontianak

Samarang

Boerabais

Tietja

Banroths

Shanghal

Boerakarta (Bole

Weltevreden

LONDON RANKERS —

National Provincial Bank Ltd.

Correspondents all over the world,

BANKING BUSINESS OF EVERY DESCRIPTION.

W. E. GROSKAMP,

Apwit

Hongkong, November 4. 1924.

司公理管業實法中

SOCIETE FRANCAISE DE GERANCE

DE LA BANQUE INDUSTRIELLA DE CHINE.

ETABLISSEMENT FRANCO. CHINOIS.

(Incorporated in France)...

5, Chater Road, Victoria, Hongkon HEAD OFFICE: 74, Rue St. Laznag Park.

Subscribed Capital fully

paid-up] Reserve Fund

Fr. 10,000.526

Fra. 10,800,000

"Working fund provided by THE BANQUE INDUSTRIELL

Paris:

DE CHINE,

Frz. 60,000,000,

BANKERS:

Societe Generale, Ba Nationale de Credit Banque

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

Co.

Every description of Banking an Bxchange Business transacted. Gorzenn Little-pondents throughout the world.

M. FITZ-HENRY,

Мапата,

Mr.B. D. Carothers Mr W. H. Look

Capt. & Mrs J. O. Mr and Mrs W.

Carpenter

Cazan

Mr B., Cleland Men J. Moálníh - Hire M.Cooper Mr R. Maliar

Mr I. HL. Cormack Mr.H. A. Milia. Mr and Mrs W. A. Mr E. E. Mimmsok

Mrs G. L. Morse

Cornell

Mr and Mrs J. D. Miss M. W. News

Danby

Ut.-Cola R. & Dob. z Ogis

Mr T. E. Ollerton

bir

Mrs N. Donald de a. H. Penn Mr and Ms H. R.MrA. Pismall

Edwarda Mr and Mrs. R.

Mr and Mrs W. A. Remington Mr A. Ritche

Enston

MR. E Farrell

Lt. Col. F. G. Fitz

Gerald

Mr D FitzGerald

Mr A Forbes Miss M. Forbes Mr R. J. Foster Miss G. Fothergill Mr and Mrs F. P.

Franklin

L6. E, C. Frederick

Lt. Col. & Mrs O.

Sanders

Mr & Mrs I.G.Boott Mr B P. Shaw Milo F. Skioo-r... Mr and Mrs T. F.

White Smith Mr & Miss Stubbinga

. E.

Mr and Mra E. F. L.

Stories

Me and Mr. W. D.Mr O. P. Stardea

Goodfellow Mr J. A. Torr at

Mr and Mrs Geo. W.Mrs J. 8. Thomson Mr&Mrs C. Thwaites

Grey

Mr and Mrs B. A. Mina Thwaites

Bale

Miss M. B. Hall

Kr J. B. Hawker

Mr A. W. Tickle Lt. Col. and Mrs E.

Trevelyso

Mr and Mrs W. J. Capt. R. F. Walkor

Hawker

Capt. A. Wats Mr G. M. Hemos-Mr ́E. R Weller

worth

Lt. A... Whyte Lt.Comdr. O, F Miss Ɑ. Willmott

Hola

Mr and Mrs 7. J.

Wood Hr T. L. Jenkins Mr G. C. Wocall Kjv 0.0. Jenkins

Mr H. Howell

Farmer Harris, who had been buying stock in a town some dis- tance away, telegraphed to his wife :--

"As cattle cannot be sent from here to-day, I shall start for lioma

to-morrow,

THE MERCANTILE BANK OF

INDIA, LTD.

.EAD OFFICE:

36, Brasschurch Blesat, Jordon, R. (). §.

Authorised Capital

b.40 e 40

. 22-

Subscribed Capital

b 8

(n 80 Now n 14

Paid-up Capital ........... Reserve Fund

b. 18

b. 91

1.1.b.

$3 D

$13 A

Bingapore Trame

b. & sa 1.55

Doc A. Wing tally paid

On li United &basto (Founders).

da

Σ'

| (Ordinary), § 30

The 16

£3,000,000. 1,800,000 '1,050,000 1,250,000

BANKENN The Bank of England & Midland Bask, Ltd.

BRANQUES

Marta Lentegur NARRIOR

Bangkok (ARM BELAVIA Hongkong Madra Summa Howrah Now Yerk |-Bakusta-Fred pommeParagandingapory-

Colombo Karao Fort Zonis (Mauritan Detal Kota Bbara

som transacted.

Shangha

simla

abera

NONOKUNG ¦ BRANCH. Every description of Esaking and Exchange bost❘ INTEREST allowed on Curreal Accouste at 1 PR | personic Da Dally Halance, and on Mass be podat rates that may be soartalnet on application

3. д. дова

Auting Managuay

·

7.Qua's Road Destral, Hong Kong, Javriy 22, 1926,

10th November, 1024. THE BANK OF TAIWAN, LTD,, (Talwan Ginko.)

Incorporated by Special Imperial Charter, 1896.

Capital Subscribed

Capital (Paid-up) Eeserva Fund

Yen 80,000,000 Yen 52,500,000.

Yen 12,880,000

HEAD OFFICE: TAIPER, FORMOSA:

BRANCHES:

JAPAN-Tokyo, Yokohama,

Osaka, Moji

Кобе

FORMOS Giron, Kagi, Karab Keelung, Makung, Nanto, Pina Sbinchiku, Taichu, Tainan, Takow Tampi, Tobyon, Ako. CHINA-Shanghat, Hankow, Kiukland, Amoy, Foochow, Swatow, Canton, OTHERS. Bangkok, Hongkong, Sing

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

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

The Bank has Correspondente in the Commpros Contrar in the European Continent, Burris oberia Tsingtao, Japan, Indo-Calus, Slams, India Philippine Islande, fara and Dach India, A Tali, America Africa, do

tolerant allowed og Garmat Account, and Pand Deposit at rates which will be gooted on appien Z. YAMAMOTO, Manager. HONGKONG BRANCH,

Des Vœux Road Central Hongkong, 6th June, 1924. .

J

THE BANK OF CHINA' 行銀“中

(Spacially Authorised by Presidential Handate of the Republic of China

on the 22nd of November, 1917), ** Authorised Capital

Paid-up Capital Reserve Fund

$60,000,001.06 $18,278,609.

$ 0,629,438.34

HEAD OFFICE: PEKINE,

HONGKONG. BRANCH. QUEEN'S ROAD, CENTRAL Branches and Sub-branches all ove China and Correspondents in Europe, America, and other parts of the world London Bankers-The National Provi

cial and Union Bank of England, Lég. The Guaranty Trust Company of Nag

York.

New York Bankers:- The ↑ Irving

National Bank

The Egaltable Trust Company of Kaw

Interest allowed on Current Accoun

Hon. :

and Fixed Deposite. Terms On the

Every description of Banking Business transnoted. -

Loans granted on approved securities; Special facilities for Home Exchang TSUTEE PEL