1925-04-22 — Page 2

Page

HONGKONG

A SHANGHAI

BANKING CORPORATION,

MEAD OFFICE: HONGKONG,

AUTHORISED CAPITAL................. $50,000,000 INUED AND FULLY PAID ur $30,000,000 EräVK FUNDS.----

STERLING... £4,500,000

SILVER...... $26,500,000

COMMERCE AND FINANCE.

HICULA

JAPAN INVESTIGATION.

THE CHINA MAIL.

BRADFORD UNCERTAINTY.

LI

WOOLLENS AND WORSTEDS.

FOR JAPAN.

TIN DIVIDENDS.

PROSPECTS OF MALAYAN COMPĀNIJUS.

FREIGHTS AND SHIPPING.

FREIGHT ON OILS..

The European Freight Confer

Interine dividend decluations OFF mount of 1926 profits have been an! nounced by the Sungei Besi, Slam-ence has raised the freight on oils ese Thi Syndicate, and Tronohin bulk for Europe by 38., to 80s. Mines. In each case they are the per ton.

The extra freight on general year. The Sungei Besi and Tronoh

RESERVE BUJATY OF $20,000,000 instruction in Investigating how to /Council of the Bradford Chamber sine is those paid at this time lusti

PROPRIETORS.

"

G. H. Yang, M.-Chairman,

COURT OF DIRECTORS:

H, P, White, Reg.-Deputy Chairs.

5. D. F. Balth, up W. H. Bell, E

Hon. Mr.P.ff. Holyoak: T. G). Well,. Kaq.

#

CHIEF MANAGER !

E

A. H. BARLOW, Esq. Manager: Shanghai---G H. STITT, Esq.

LONDON BANKERS. Westminster Bank, Ltd.

of

According to the "Japan Times" the Department of Finances is

It was stated at a meeting of the engaged under Mr. Hamaguchi's reduce the cost of living In Japan. of Commerce, on March 24, that The Items under investigation are although there had been continual re paying 5 per cent. and the goods for Genos direct has been said to be as follows: Contraction correspondence between the Cham. Sigmes 10 per cent. The directors raised from 48. to 85., and a new of the currency; propaganda for ber and the Board of Trade on the reports for 1921 will not be available extra rate of 1743. has been Hon. Mr. A. Lang1brift; improvement of the market subject of the abrogation since itil the end of May or early June, established for the same class of A. H. Compton, Ee". A. Plummer system; unification and improve- March 10 of conventional rates, but all three compulius have paid

ment of producing organisations mercial Convention no deffaite, 1924 profits so that the reports, FREIGHT ON SAGHALIEN LOGS, under the Anglo-Japanese Com- regulur quarterly dividends from cargoes transhipped at Marsellles. reduction of the tariff on daily information had been forthcoming when available, will be examined necessities; reduction of freight

The transportation of Saghallen on land and water; savings as to the position in Japan. unions; and

chielly for information regarding timber begins in March, but this consumption

In appeared that the abrogation fuge working prospects.

The Japanese products Instead of did not affect the rights of this dividend records of the companies year the port is not yet free from foreign. The Government will country to general most-favoured during the past two years are given offer their hold space for this ice, so, that shipowners hesitate to formulate some definite measure nation treatment in Japan, but in the following table, which in for the purpose, as one of the most nothing was known of the intends the current market vine of trade. Shippers defer contracts fo Important policies to be carried out tons of the Japanese Government

the belief that an advantageous in the present fiscal year, all this as to what rates of duty would share and the yields on the leate will be secured later, in these has been said before, but hope apply to woollen and worsted

circumstances the freight continues deferred, etc. An interesting item goods. A Bill had been tutroduced

to be weak. But some shippers are of the opinion that it is to their is the reduction of the tariff on in the Japanese Diet on March 12 daily necessities, but this can providing for the exemption from

advantage to charter, and the Akita, hardly be taken seriously in view the 100 per cent, ad valorem duty Suurei Besi · 15"

Timber Company has hired the of the fact that the Luxury Tariff on fabrics of wool, pure or mixed-

Jingo Maru (6,800 tons) at Y1 80 Amendment Law removed none of with cotton, when containing an

from April to the year-end. the duties on daily necessities. As admixture of silk. provided that a reduction in the duties is the the weight of silk did not exceed only means of reducing the cost per cent. of the total weight an

fabric. the other proposals THE: business of the abKON may be considered as merely conducted by the HONGKONG camouflage. They have all been AND SHANGHAI BANKING CORtried and proved a failure. PORATION. Ruloa may be obtained" on application.

CURRENT ACCOUNTS opened in LOCAL CURRENCY aud FIXED DEPOSITS received for one year or shorter periods in Local Currency and ni Sterling on terms which will be grated

on application.

Hongkong, 2lat shruary, 15.

HONGKONG SAVINGS BANK.

INTEREST on doposita la culeulated on the lowest balaned thuring oach com. ploted Calendar Month at 34 per cent. por annum. Should there he no balance on any day in a month as interest will Depositors may transfer at their option. Balance of $100 or micre to the SONGKONG & SHANGHAI BANK to be placed on FIXED DEPOSIT at

be allowed for that mouth.

CURRENT RATES.

For the HomeHON & SA

BARKING ConKUZATION,

...H. BARLOW,

Hongkong, 7en deætanry', 1925.

||

hier Manager

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

#

INCORPORATED BY ROYAL CHARTER, 1853.

HEAD OFFICE: LONDON.

£3,000,000 Roservo Fund .....$1,000,000 Reserve Liability of Pro

Paid-up Capital

*prietora

$9,000,000 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 quoted on application..

*

A. H. FERGUSON, Manager. Hongkong, April 15. 1025.

of living

COMMERCIAL FLYING.

BUILDING SHIPS.

who

had

#21. divided basis.

Approx!. Divi Divi Tre pute degh seat yield fun, Hrži jaieru.

Siames 10 4/0/10 8/3/4 Troubl

25 3/1/M 8

M

20

Dividends

STAMP DUTY ON CHARTER

PARTIES,

Law the charge shall be 3 sen.

WEDNESDAY, APRIL 22, 1925.

EXCHANGE.

Hongkong, #ad »pril, 1995)

On London-

Bank Wire..

Ou domand

H

144

...za

3/31/16

30 day's sight....

4 months' tight ....13-)

Credits. 4 months' sight ...3/5-4

Documentary, 4 months sight 94 On Paris-

On demand ...

THE BANK OF EAST ASIA

LIMITED.

'HRAD: OTTICA HONGKONG,

Authorised Capital.........

Rear Fand...

+$40,000,000,

***... $6,000,000 $1,400,000

DIRECTORS:

Hon. Mr. Chow Shion Son-Chairman

Fang Flag Shan

*...1030

Li Koon Chun

P.K.Kwok

* Nom

Kg Ching Lok

Fong Wal Ting

Credits, month' aight...1150 On demand... On New York- On demand

Credits, 80 days' righà ... 564

On Bombay

IM

On dematid On Jaloutta

Wire Da domaod +

On demand.00

On demand...

Ou Singapore On Manila-

On

Shanghal-

On demand...

144

TH

TH

.."151

100]

*DOO

Mok Ching Kong Wong Yan Tong

Huỳnh Ti

Kan Ying Po

Chan Ching Bhak

Every description of Banking and Hobgo. beaine transacted. Lorna granted

approved securit

11

SAFK DEPOSIT BOXES to let.

KAN TONG PO

Thief Manager,

Hongkong, 18th February, 1825,

NEDERLANDSCHE HANDEL MAATSCHAPPIJ,

(NRRLANDS TRADING. SOMNYN.).

M

STANLISHED 1994, HONGKONG BELNUM ESTABLISıtım 1904,

“Authorized Capital 17. 180,000,000- JEIN,500,00

Paid-Up Capitar...G, 30,000,000 £6,666,878 Berve Fund 20,045,059 € 1,470,410 Special Reserves.... 22,860,000 £ 1,588,

30 days' sight (private paper): -On Yokohama On demand...

123 Gold Lest,, 100 fine (por taal) 47.60 Sovereigns (Bank's buying esta) 8.84 Silver (per ox.)

81. 7/16. SUBSIDILAT QUINS. Hongkong 50 cents sub. `-- S X dia.

10

% dis

Canton coins

321.6% dls. Bar Silver in Bongkong 10% pm. Oblasse Orpper Cab... 10%.pm. Chlase Copper Conta... 6. pm Rato of Native Interest 6% in 7 %, out, Djokjakarta Chinese Bab. Coin 31% dia.. Hongkong Buh: Cola,... Z dis.

4

"

"

"

*

28,000 and Bristol 10,000.

LOCAL SHARE MARKET.

three companies are known ge long lives, and their futuro | learning capabilities pre Jenturely wipped up in the min- The stamp duty on charter Benince of a high price for tiu, parties has up to now been 3 sen

OTHER MARAY ISSUES,

the contract being regarded as a FR is interesting A SHIPYARD PLIGHT.

to note the lease. Lately however, the Finance

· IDLE TONNAGE. development of other Maly under-Department has been endeavour Sir George Hanter, chairman or takings, and notably Malayan Tining to collect 5 per mille of the THE THREE-ENGINED PLANE,

The condition of the shipping Messrs. Swan, Hunter, and Wig. Dredging and the Southern Perak, charterage involved on the ground ham Richardson, Ltd, of Walls at these companies end their that such contract cannot be res lustry is shown by figures pub The use of aeroplanes with three end-on-Tyne, speaking at the financial year on June 30. In 1923 garded as a lease. A strong shed regarding idle tornage at engines for Commercial flying has launch at Jarrow of the inptorship the Malayan Company jud a divi protest was immediately lodged some of the principal ports during often been advocated as the best Port Hobart, 10,800 tons. built for dend of 10 per cent, but for by the "Shipowners Association the quarter ended December, means of achieving safety and the Australian meat tride, said the the 1924 final year the distribu- of Japan with the Finance Office, 1924, as compared with the pre- and the latter has accepted the vious quarter. Liverpool shows reliability, and also making it time was past when British ships tion was 20 per cent, possible to fly by night. A new builders could beat ferman and hunting to 20 per cent, and addressed a circular to the tons more idle than in the October position taken by the shipowners the biggest increase with 50,000 but potent reason for adopting this other foreign competitors we costs ar bent of tax offices, stating that pending quarter: Hull increased by 89,000 current, financid wow and as diere principle was brought to light last or in time of delivery. month in a paper on the medical He did not blame the shipyard three mile working be amendments in the Stamp Duty tons, London, 30,000, Glasgow aspects of flying read before workers,

made for the end of the year, it is the Royal Aeronautical Society sacrifices. Shipyard wages were rea-umble to expect an improve- by Colonel C. B. Heald, medical comparatively low compared with ment on the 20 per cent, lividend adviser to the civil side of the Air those of sheltered trades.

paid for last year. These shures are now at $3, which, on a 20 per Ministry. He insisted that it is most important to keep a pilot's for improved conciliation mat. basis, yield about 5 15-16 jer mind free from apprehension, chinery in the shipbuilding in it. which is not the same thing asdustry was further considered at fear. For instance, wireless, ap- Carlisle by the special joint com paratus whose functioning is mittee representing the Saip doubtful is, from the medical point building Employers' Federation of view, so harmful to the pilot and the Federation of Engineer that he would be better to being Trades.

It is officially stated that con independent of it. But in

#siderable progess was made, and my opinion there is nothing said

there is to be a further meeting Colonel Heald, likely to be helpful in removing soon. many of these apprehensions and inspiring confidence in trans- Continental flying as the three- engined machine." It is satisfac- tory, to know that all the most advanced aeronautical thought in Great Britain is now convinced of the desirability of the three-engin ed aeroplane for commercial work, and especially that Imperial Air

machines of this type on.order.

So

BANQUE DE L'INDO-CHINE, ways, Limited; has several large

HEAD OFFICE:

Paid-Up Capital

*A8, Boulevant Hanarmann, Par Bubscribed Capital ... Fr. 72,000,000,6~ ... Fr. 68,400,000 0

Fra. 59,667,283,14 BRANCHES.

Hongkong

Reserve Funds

Battambang

Mongiar Noume

Bangkok

Custon

Dibouti

PAPELC

Halphon

Paking

甘言:

Pnom-Penk

Pondicherry BANKERS:

Halgon Shangbai Singapore Tientaln Tsarano

Yannanfa

IN FRANCE Comptoir National d'esompt

OIL DEVELOPMENTS.,

The news that the Standard Oi Company and an English group are negotiating for the purchase of the Doheny oil interests in Mexico may prove the forerunner of big developments in the oil world.

For some time it has been felt that some arrangement between the big oll groups would have to be made if pricecutting, such as

to be avoided.

The question of an agreement,

TREASURY BONDS.

Transfer books for registered 5-15 year Treasury Bonds (1925-35) closed on the evening of April 9 in preparation for the repayment of the bondston May 1, in accor dance with the notice given by the Government last April.

The

The Southern. Pero Company, which in 1923 pai de per cent, distributed Ei por rent. For 1024 So far this year 2 per cent, las een paid, and there is every pros- port of u further distribution oùs öf profits for the current year, shares now stand as 2, which, on the dividend of 15 per cent." puid last year, yield just 6 per cent. These shares appear to be quite an attractive purchase, always pro- viding that the price of tin is main tained at around itä present level...

SUGAR SUBSIDY.

SERIOUS INJURY ALLEGED,

The directors of Greenock Chain- † These bonds were issued in 1920er of Commerce have sent, n'peli- and 1921 on somewhat unusual tion to the Minister of Agriculture terms They carried interest at 5 regarding the proposed subsidy for per cent, but with the provision factories producing refined sugar that up to May 1, 1925, the earliest front homegrown beets. The peti- possible redemption date, they fioners express the belief that if were to receive addidonal interest; the Government's proposals are in the event of the average rate at carried through in their present which Treasury Bills were sold tonn it will cause serious injury to, exceeding $2 per cent. over any the sugar refining industry," half-year

interest was increased to 7 per Under this arrangement the cent. per annum on November Is 1920,

and

May [, 1921

The petitioners feel that sugar re- slate their views in the matter he- finers might have been invited to fore the late Government drew up. their schems, and they now nak that November 1, 1921. On all the receive a deputation representative other half-yearly interest dates 5 of the sugar-refining and allied in- per cent. per annum was paid.

des Pays Bas; Credit Industriol et Commercial occurred in Belgium last year, was and 6 per cent. per annum on the Minister of Agriculture should i

1 Parts; Greift Lyonnais, Banque de Parlı ot

Spoleté Generale.

IN LONDON: The National Províncial à There is now an idea that before Union Bank of England, Lid. Comptoir long an announcement may be National d'Escompte de Paris; Credit Lyonnie

IN NEW YORK: J. P. Morgan & Co, made of an arrangement between French American Banking Corporation; the Shell-Dutch interests and the Gouranly Trust Co. of New York.

Standard Oil. Relations between Internet allowed on Current Acemate and the two groups are understood to be already very friendly. The Every description of Banking and Exchange Anglo-Persian Oil Company might

Fixed Deposita sononding to arrangement.

Bzine transacted.

A. LECOT,

Manager 'Hongtong, March 30, 1924,

THE YOKOHAMA SPECIE BANK, LTD.

Hatablished 1880.

The issue amounts to 23% mil-stries, before the bill giving lions, and it remains to be seen feet to the proposed scheme is whether the Government will put presented to the House of Com- forward any comprehensive con- mans, in order, if possible, to version scheme before May I to modify it in such a way as to render include the replacement of these the scheie-satisfactory and fair to interest in the new bonds.

all concerned. Greenock has for a long period been one of the chief sugar-rifining towns in the com- ry, and the possible crippling of this important industry is viewed with grave anxiety.

have an arrangements,

To arrive at any really effective combine, it might be necessary that the group should have control the world, and it is reported of all the biggest producing fields

that negotiations are now being con ducted on behalf of the Standard Oil for the acquisition of oilfields in Russia. Should those Capital (fully paid-up) Yen 100,000,000 negotiations be brought to a Yon 80,500,000 successful conclusion, it is said

the shell company would obtain a part interest in, the fields."

Reserve Fund

Head Once: YOKOHAMA.

Branches and Agencies at:

Bombay,

Busnon Ayres,

Calcutta.

Changchun.

Newchwang.

Now York

Osaka.

Peking. Rangoon. Rio de Janeiro. Fangtion (Mukden). Saigon.

Dairen (Dalny).

Hamburg.

Hankow Harbis.

Honolulu.

Kal. Ynen,

Kobe

London Los Angela,

Lyons.

Tanila.

Nagasaki

Нагора...

San Francisco, Seattle,

Bhanghai.

Shmonasaki

Singapore. Soorabaya. Sydney.. Tlontain. Tokyo.

1

Tainanfu. Tsingtan Vladivostock. **Interest allowed on Current Accounts. Deposits received for fixed periods at rates to be obtained on 'application

C. MARIMA, Manager.

Hongkong, 11th March, 1925.

FINE JEWELLERY: Engagement, Kooper & Wedding Binge: A SPECIALTY. -

All of highest grade lat the Colony,, WINDSOR BROS.",

AD. 50. Nathan Road, Kowloon.

Ti. 609

OSAKA CHAMBER.

In the election for Chairman of the Osaka Chamber of Commerce Mr. Inabata Katsutaro has defeated Mr. Kita Matazo and has been

r-elected, with twenty-eight yotes against seventeen in favour of his rival.

Since the recent rise in the Bank rate the conditions for a large-scale conversion scheme have been less favourable to the Government.

ASSURANCE DEAL.

PORTSMOUTH'S PUBLICA.

PERCENTAGE REDUCED BY ONE THIRD.

The Portsmouth justices have

N

An official announcement is now made by the directors of the that the negotiations reported in General Life Assurance Company their clicular of February 14 have just issued Icensing return of resulted to an offer from the how they have dealt with the General Accident Fire and Life liquor trade during the past 20 Assurance Corporation of £21 per years.

In 1905 the number of licences in share, an offer which they are recommending the shareholders to the naval town was 995, which, with a population then of 188,133, accept..

gave a percentage of one Hcence in 189 07 people. To-day, 20 years later, the licences number 822,. which means, that there are 173 fewer public houses in the town. Considering that the population of the town is now 247,343, this works out at one licence to 3009 of the population;

General Life shares were quoted on January 29 at £1%, but by February 13, they had risen to £zo. It appears, therefore, that even before the directors gave an official THE MERCANTILE BANK OF intimation that negotiations were

INDIA, LTD.

HEAD. OFFICE:

13, Gracechurch Street, London, E. CL

£8,000,000 1,800,000

Authorised Capital.

Subscribed Capital

Faid-up Capital Reserva Fund

BANKERA!

1,050,000

... 13000

The Bank of England: & Midland Bank, Kadr BRAZONES: Bangkok Gall

- PƐugin LamDRY, SERREDOR

Galomon Kandy

- HONGKONG' BRANCHE,

proceeding someone who was dealing in the shares had formed a very intelligent anticipation of the terms now apnounced. The shates closed at:£18%1⁄2 to £2074.

RUSSIAN TREATY.

In many of the new parts of the town the people refuse to have a public house in the district, and in consequence of protests to the licensing justices no licence is granted. In this way public houses are being reduced by the direct voice of the public, many of whom are the young newly-married folk

go to live in the new part of

Speaking in the House of Com mons, on February 26, Mr. R. McNell Under Secretary, for Foreign Affairs, in reply to Mr. “Zoie Blisan grappa dona kouranja | Beckett (Lab ), who asked if any.

When justices refuse to regrant steps were under consideration for dafe-guarding British trading in the licence for a public house, it is BEREST allowed on Corses downterests in Russia, in view of the incumbent on the authorities of pangwer seremes on Dally Pass041800 50 agreement recedir signed be the drink trade to compensate the tween Japan and the Soviet Union, y some £143,450 has had to owner of the public house. In this sald be saw do reason to suppose be subscribed by the-browars as that this Treaty in any way I compensation to their fate tenants. icopardised Bicitish-trade interesta,

Every dancpion of Banking and rougeba

- TEMA SELEMACta

postta nú ružpe batê máy be sacertained on appilonida

OFFICIAL

APRIL 13.

fank

Namon

1.8.8.0. C.T. on selling rate

London

QUOTATIONS.

11

A.X.

*tock Eroberge

APRIL 12. Sharebrokers' Arcolation.

1/2 #72A

199)

b.

£31-12

b. 2111

D. 100.

b. "A" B21

PAR

Blö

and on Shanghai *#738 Rengkong Banks 1981 ɛs London-£132 n Chartered Bank

£1 b. P. & Q. Rank E FR

£ 11 b.

Frat Asia Bank

404

*As

་་

$100 n

Mercantlis Bank AB £ta-1/9 b. do. O 813.1/8 b. tarine fasaraNoss flanton Insurance... North Chius Insuranco

Union Insura550

Fire Insurances

tel

China Fire Tosarauce... Hongkong Wire Tasaranco... 86 "hipping

Douglases...

B.K. Steamboats Songkong Tas sad lighter Todo-Ohions (Pral}

(Dol.)

do.

b. "0 15

b. 785

140

BL. 279

HEAD OFFICE :—Amsterdam, ̈ ̈ EASTERN HEAD OFFICE: Balavis, BRANCHES, Bandermain Bandoong Bombay Calenta

Modne Pecaloog Rangoon

Cheribon

Djember

The Hague

Kobe

Koin Face

Makanan

Padang

Palembang

Perang

Peniluns

Rattardam

Bacarang

Aingspord Tegui

Boerabata

Tizjap

Bhanghai

Sourakarta (Sola

Waite vredes

LONDON BANKERA:-- National Provincial Bank Ltd. Correspondenta sil over the world.

BANKING BUSINESS OF EVERY

DESCRIPTION,

W. H. GROSKAMP,

Ageuk

Hongkong, November 4, 1924,

司公理營業實法中

SOCIETE FRANCAISE DE GERANCE

DE LA BANQUE INDUSTRIELLS DĚ CHINE

· ETABLISSEMENT FRANCO

OHINOIS.

(Incorporated in France);

6, Chater Road, Victoria, Hongkon 'HEAD OFFICE: 74, Rue St, Lasanh

Paris.

Subscribed Capital fully

paid-up Reserve Fund

1

Frs. 10,004,6 Frs, 10,800,098

Working fund provided by

THE BANQUE INDUSTRIELLE

DE CHINE

Park:

Frs. 50,000,000.

dewwwwww.m

BANKERS;

Societe Generale,

Nationale de Credit.

Banque

Paris et den Pays-Bas, London: Midland Bank, Ltd. " New York: Irving Bank Columbis Tras

Co.

Every description of Banking AME Exchange Business transacted. Com pondenta throughout the world.

M. FITZ-HENET

Manager.

10th November, 1924.

THE BANK OF TAIWAN, LTEL (Taiwan Ginko.)

Incorporated by Special Imperial Charter, 1899.

140 · 372 5

Yangtare Insurance

45 b.

Chinx Bad/rs

--

b. 2.80 1

b 2.75 a 200

b. 5:00

b. 1889

n. 51

3715 & an 4.

b. 4.89 mm 400-6

38

. 38

120 a

· 17" d.

D.

120

15-11-

1. 89/

b 89 a 90-88

17.1

n. 17

TAN

255 .

n $65

Capital (Paid-up) Reserve Fund

44 08

b 65-1/2 a 63-67

52 0.

1521

1 67-6

b. 251

b. 1

b. 11-1/2

1.30. a

B

BBL. b.

do (HK. Reg.) Shell Transporta Star Ferries Water-boata... Oriental Nav. Co.

Refineries

China Sugar... Malabon Bager Mining

TH

T

•

Kailan Mining Adm. -- langketa... Renzusta.

37-b ...P.9.16 @ 19mh. T.01 n. Shanghal LuanT7. Explorations... Tab Single Langkata

#12) b Rapbe

Tronoh Mines

Ural Casp. Docks, Wharves, Godowas, de.

H. & R. Waarts... H. & W. Dock S'hal Docke

Now Engineerlags...

H. K. Engineerings. Shanghat Rourkows Cands, Hotels & Buildings,

198 a

b. 1951 198

112. n

T127.

6218-1/118

b, 128

117-118

a. DI

$103 b.

.K. Shai Hotels #171 b 17.40-177 en Now - H.E. Davolopments

87 'Coats Hongkong Lands...

9)

4

$20-1/3 b

468

Kowloon Estates

شاد

Lands Princos Building H.K. Resity. H.E. Territorial Boral Land.. Cotton Mills,

Ewo Catton Mills, Ltd.

Kong Yike

Lagu Kung Mow

་

$150 D 24.00 b

3:00 n.

10 2.

11-11.85 vs.

b171 sa 1718-1 New- h. 70 Cunts 6.98

11

20-1/3.8m 201

180

b. 4.40 a. 4

b 11.80

m 3.90

T 60 b; Now #86-1/2 h.

T. 397 b. 4

81-b 79-81 a 47 13.

-

Orientals Shanghai Cotton Yangtarpoos. ' Miscellaneous,

Comenta

#1 b. 22.10 s Now Db. Cements Dombined 0217–291 an China Lights (Old)

If the do (New) #31 b. Comb.36; Calne Providente 164 a. Now 14 % 13) ya { Providents Combined – 5#* Dairy Farm and 27 D R.K. Electrios Macão do Hongkong and Canton Toes Hongkong Rope 18 D. New 10.30 u. hopes Combinindya.

61 b Hengkong TraM WATE...

45 **27-1/8 b. Peak Tramways (Old)

Dog (New) Watson's... Wm. Powells. Lane Crawford Canton Icon... E.K. Construction Nanyang Tobaowe

44,244

IM Lave

China Buson leve

1

201

a. 66 Now 33 m.

(d. 22.10 New ¤.8

(Comb. b 32 sa 3

(New b. 17 Comb b36) 561

16) Now 11.90 b. 13.83-14) Ma

Comb. b 49-19

20 a 13 b. 13jj sa

8:40 b.

M

13.h. &m

'........ 18 b. 18) IN ree ? b.

· Bingapore TranU TAU Der A. Wing tally paid park Dari vald United Sboric' (Hounders)

13-1/

T13.85

bm 27

b 82 78-30

b 161 New 10 b.

b (5)'s 48

b. At

In 20 New b iz

Capital Subscribed

....Yen 60,000,$90

Yen 68,600.0 Yen 12,980,00€

HEAD OFFICE: - TAIPER, FORMOSA

☺

BRANCHES: JAPAN-Tokyo, Yokohama, Kolé

Osaka, Moji

FORM084 Giran, Kagi, Karenla

Keelung, Makung, Nanto, Pias Shinchiku, Taicho, Tainan, Takew Tamani, Tohyan, Ako. CHINA-Shanghai, lankowiakland, Amoy, Foochow, Swatow, Canitus OTHERS.Bangkok, Hongkong, 8

pore,

Samarsad

Soerabaya, Batavia, Bombay, London, New

York.

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

The Bank Correspondants in the Cometara)- Cent in the Aurobean Coatinent, Ravila, Mas charis Bingtao, Japan, Indo-China, Stam, Todia Philippine Idiots, Java, ant Dutch Indias, &NB ralia, America, Affton, do,

Lateral slowed an Carient Account, and Fined Deporte n. tatar which wilt he quoted on applien tion.

Z. YAMAMOTO, Manager.

HONGKONG. BRANCH,

Des Vaux Road Central. Hongkong, 5th Juze, 1924.

1

THE BANK OF CHINA-

6. Bits: (Bpecially Authorised by Presiding Mandate of the Republic of China on the 2nd of November, 1917). Authorised Capital... $60,000,006.ME Paid-up Capital $18,278,608.0 Resurre Fund wennerona 3 2,682, 43826

HEAD OFFICE: PEKING,

HONGKONG. BRANCHL QUEEN'S BOAD CENTRAY. Branches and Sub-branches all over China and Correspondents in Europe, America, and other parts of the world. London Bankars: The National Prove alal and Union Bank of England, TAS. The Guaranty Trust Company of Ne

Tour

Now **York: Bankers: The Irving

National Bank. The Equtiable Trust Company of Nag

Interact allowed on Current Asse and Fixed Deposita, Turisa`odi syp

Every description of Banking Bache Loans granted on approved securiti