1925-04-27 — Page 2

Page

HONGKO

GKONG & SHAMONAI BANKING CORPORATION,

BRAD OFFICE:: HONGKONG,

Authorised Capital.............. $50,000,000 IRSUED AND FULLY PAID-UP $20,000,000. RESERVE, FUNDS —

STERLING....... £,4,500,000 SILYKR...... 816,300,000 BESERVE LIABILITY OF 1 $30,000,000

PROPRIETORS.

COURT OF DIRECTORS:

, M. Young, Bej-Chairma H., White, &us.-Deputy Chairman.

|Hon. Mr. A.O. Lang,

COMMERCE AND FINANCE.

PAJAM, LIMITED.

THE ACQUISITION OF PANTAI

ESTATE.

THE CHINA MAIL.

Hongkong Fires-Aro stendy at $665.

7

Hotels. Have ngnin beon the medium of a large business at tising prices, and sales have taken An extraordinary general meet-place at $17 cash and $184 ing of Pajam, Limited, to pass the June. resolutions for the amalgamation with Pantai, Ltd., was held on the Oth inst.

The Chairman anid-Gentle men, the notice of this meeting W. L. Pattonless, Ear.which the secretaries have just A. H. Compton, B 5. A. Plummer.. Liq. Bon. Mr... Holyonki T, G, Won), liq.

B. D. F. Faith 15 W. H. Boll, Ear-

CHIEF MANAGER:

A. H. BARLOW, Esq.

rend was posted to shareholders on March 18, and you have there fore had a full three weeks to digest the memorandum which accompanied that notice,

The

Managor: Shanghai---G.. STITT, Esq. memorandum gives, 1 think,

LONDON BANKERS.

་

དྷ་

- Westminster Bank, Ltd. CURRENT ACCOUNTS opened In BOCAL CURRENCY and FIXED DEPOSITS received for one year or

erior perioda in Local Currency and

lucid statement and an ensy cal- culation of the benefit which the acquisition of Pantai Estate will bring to this company, more especially during the period of compulsory restriction.

Pantai Estate is fully equipped for cheap production costs, and

Hongkong Lands.After com- ing to business at $99 are rather easter with sellers at $98

Humphreys.-Have been active market and more shares, could be placed at quotations.

been

an

Cements. Have also fairly heavily dealt in, and after rising to. $32% closed rather easier with sellers at $814

Wharves. After, rising to a buying rate of $196 closed rather easier, with sellers at $197,

Hongkong Docks-Are nominal et quotations. ' to business at Tls, 127.

Shanghai Docks.-Have come

***

Hongkong Electrica. — Have been the chief attraction of the week at rising prices, closing very

for each share of $100 par. In June 10 per cent. common [stock dividend was paid: The new stock was put on a $4 aD nual basis, compared with the $8 annual basis for the old stock.

Otis Elevator's business laat year was record breaking, sales in 10 months equalling $35,612,872. The carry-over into 1925 wAB also a record, around $35,000,000. Business so far this year is under- stood to be standing up excep: tionally well.

(Figures shown are in gold dollars.)

STEEL HOUSES.

COST COMPARED WITH BRICKS..

EXCHANGE.

Hongkong, th April 1998.

On Leadog

Bank, Wire, an

H

Un demsed

MONDAY, APRIL 27, 1925.

VISITORS AT HOTELS,

HONGKONG HOTEL."

Mr HL. Axelrood

42*15/16

Mr. Bak

Dr Baner

30 day's sight.....

months right.23- Credits. 4 months' night...1/5-4 Documentary, 4 months night Rai On Paris-

On demand...

1040

Hom

"

41

Orodite, 4 menthy' sight...1140 On New York-

On demand! THE On demand Credite, 60 days' sighi..... 654. On Bombay

Wire

IM

J

On

Jaloutta Wire

On dem od...

A comparative table is given in the first report of the Technical Committee of the National Hous- ing and Town Planning Council, now published. It deals with the total costs of an ordinary brick house and a Weir steel house.

J

On demand On Bingapore-

#!

Mrs R.Bangs Me N. Balo,

Mr G. Boan

Mrs Beap

April 16.

Me J. E. Jonoph Ospt 0 Jour Mr W. Ereigar Mr. P. Kaitiakol- " Mr. J. Q. OKusta Mr Edward Khan Mr and Mrs W.

Eniezor

Mr. V. Benjamin Mrs. E. R. Belllion Mr. F Kalks My Michel Bird Mr. & Mr. ɑ Mr. R. J. Birbeck Lauritaan MAH... Bloyer Man H Lille Mr. D. Cappleman Mr V. P. Lain Mr W. R. Campbell Mrs F. B. Look Mr and Mrs H. W. Mr B.. Yark

Osger

Mr 9. F. MoKoozie

Mr J. A. Darpenter Capt. & Mrs. A. W. Mrs. D Chant

THE BANK OF BAST ASIA, LIMITED.

HEAD OFFICE HONGKONG. “Authorised Ospital $10,000,000, Paid-up Capital .............. 15,000,008. Repere Fand........

**** ., '$1,000,000, DIRECTORS:

.....

Bou, Mr. Chow Shou Sen-Chalman

Pang Ping Shen

Li Koon hun

P.K. Kwok

Ng Ching Lak

Pong Wai Ting

Mok Ching Kong Wong Yun Ton

Huynh Thi

Kai Ying Po

Chan Ching Shak

Every description of Banking and Exchange bakren

transacted. Eonne grated

approved mscurities.

'SAFE DEPOSIT BAXES to les..

KAN TONG PO,

McKinley & child Hongkong, 18th February, 1925.

1501

15)

Mr and Mrs

J. Miss Dorothy Het

雎

Clement

Mi40 Cooper

自动

*M

108)

Mr and Xrs

On demand...

nom.

Crampton

Mra. Davis

On demande on Manila

On domand On Shanghai

м

30 days' sighi (private paper). Op Yokohams- On demand.

1973

Gold Leaf, 100 6ne (per taol) 47.60 Sovelgus (Bank's buying rata) 6,08

914 Silver (per os.)

EUBSIDIARY COENE.

terling on torma which will be quoted I ever were this company not likely firm with buyers at $93 cash, and room, scullery, and bathroom. Hongkang 50 cents rab, ... 3% die.

application.

Hongkong, Prat i "bruary, 2251;

HONGKONG SAVINGS BANK THE

PER business of tha: ahovo Bank is

conducted by the HONGKONG! AND SHANGHAI BANKING COR PORATION. Rolar muy be ohtajnal on application.

INTEREST on diposita la endiselated on the lowest balanec daring such com plstad Calomlar Mouth at 34 por'cun), por aunum. Should there be ao balance oo any day in a month" interons will be allowed for that mouth.

Doponitors may transfer at their aption: Balance of $100 ce more to the HONGKONG & SHANGHAI BANK to be placed on FIXED DEPOSIT CURRENT RÄTES.

.

For the Hanekoms & Buanawar

BARKING CORPORATION,

11. BARLOW,

Calet Manger Haagkong, 7th January, 1925.

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

INCORPORATED BY ROYAL CHARTER, 1853.

HEAD OFFICE: LONDON.

Paid-up Capital

Reserve Fund

Reserve Llability of Pro-

priutors

£3,000.000 £1,000,000

£3,000,000

FOREIGN EXCHANGE nad General

Backing business transacted.

|

to receive considerable extra income ander restriction as a re were done as high as $98 for June. Hongkong Trans. A large sult of the purchase, 1 consider that at $880 per nere the purchase number of shares have changed is the This is the equivalent hands and were done as high as and 116 for cash, but at the close are 68 8d. per acre. know that native-owned estates rather easier with seller at not fully matured have recently $15. been sold to London at £60 per here,

£1

Since the preparation of the | memorandum the price of ribber, has, as you know, advanced to 70 cents per 118, and our managing agents tell us that 11 centa për

China Sugars-Have also been the metllum of a large business, and were done as high as $71 cash; and $73 Juno, but at she.close are rather easier with possible Fellers at $70.

China Providents.-Have corne 16. will amply cover the cost or to business at $50 for the com tapping, packing: forwarding and lined shares. duty. Assuming those two figures, a simple calculation with Show you that the first year's pr fit will be $49,322 or 21.92 per cent, as against 17.77 per cent. given in the memorandum.

China Lights. Have again rope into favour and have come to business at 336% cash and $38 June.

Dairy Farms. Have also been in good demand closing with buyers at $27 without attracting sellers.

Steamboats. Have also firmed up during the week closing with buyers at $374 and sales at $38.

Lane, Crawfords-llave been in fair demand and a good number of shares have changed hands at $18.

London Quotations of April 23, 1925-Hongkong Banks, $139;} Indos Deferred, 40/10-: Shells, £4/7/6. All middle prices.

Exchange.-Demand on Lendou is 2/2 15-16. T/T on Shanghai is

Your directors as your have seen, had Pantai Estate valued by an independent expert, amt 1 may mention that Mr. V. A. Tayler has many years, of experience of the momgement of estates and Star Ferries.-Have been a knowledge of local conditions inquiet market and few if any Negri Sembilan where the estate shares have changed hands. is situated. You will see that; even on a five years basis Mr. Tayler's valuation is considerably in excess of the price at which we have obtained the option. Mr. Tayler's report is a very full and exhaustive document, and it is on the table for inspection by any Shareholder who so desires. The management of the new division will be taken over by Mr. Ander- son, our manager, and during the period of no..tapping the upkeep will not exceed $1,200 per month, With regard to the, perhaps, rather unusual condition whereby this company undertakes to pay and satisfy all debts and liabili- | ties of Pantai, Limited, and all expenses of liquidation of Pantai, Limited, if liquidation ensue with- in one year from date of sale. I am in a position to state that this company will benefit by a surplus of liquid assets over liabilities. I have now given you considerable amplification to the memorandum and I beg to propose the first Thirresolution, viz, :—

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, 1926.

BANQUE DE L'INDO-CHINE.,

HRAD OFFICE:

96, Boulevard Hansamann, l'aria. Enheerihal Capital F 72,000,000.0 Pald-Up Capiin:

Fr. 58,400,000,0 Fr. 59,667298.81 Reserve Fund

BRANCHEN

Bangkok

Battambang

Catton Djibout Heiphong

nkow

Hongkong

Sonytse

Noumen

Pamete

Paking

Pro-Peak

Perlicherry BANKERS:

Haigon Shanghal Bingspore

',

Tatrane

Yunnanfu

That his company approves the purchase

Pantai, Limited, of the estate and under-

ומסיגן

IN FRANCE Comptoir National d'Escompt taking of that company, includ

de Paris: Credit Lysanslı, Banque de Paris ating book debts and cash in hand det Pays-Bas; Credit in histriel et Commercial

Foclete Onnerate.

IN LONDON: The National "Prayincal Calon Bank of England, Luk; Comptoir Sational d'Escompte de Paris: Creili Lyonals IN NEW YORK: 3. P. Morgan & Co. French American Banklag Corporation; Guaranty Trust Co. of New York.

Futurest zllowed on Current Accounts and

Zuzisszem Krahascioda

Fixed Davolta socording to arrangement.

Brary description of Lasking and Exchange

A. LECOT

Manager Honkong, March 20, 1924,

THE YOKOHAMA SPECIE BANK, LTD.

Established 1880.

J

Capital (fully paid-up) Ten 100,000,000

Hoserva Fund ...

Yan 80,500,000

Head Ones:-YOKOHAMA,

Branches and Agencies at:

Batavia. Monbay.

Buenos Ayres:

Calcutta.

Changchun.

Bairen (Dalny).

Hamburg.

Hankow.

Martin.

Newchwang

New York

Osaka.

Peking.

Rangoon. Rio de Jandro,

Fangtien (Mukden). Saigon.

San Francisco.. Seattle. Shanghai Shimonoseki Bingapore. Boerabaya. Sydney.

Konoiniz

Kobe

London

Los Angeles.

brons,

Wanlia.

Nagoya.

Tientsin.

Tokyo.

Teinaniu.

Tsingtan Vladivostock.

Internet allowed on Current Accounts, Deposita received for Axed perioda at wtan to be obtained on application.

"C" ARIMA,

Manager.

Hongkong, 11th March, 1925.

FINE JEWELLERY pagunent, Draper, & Wedding Manga

MEMASEPECIALTY.

All of highest grade in the Colony, WINDSOR BROS. No. 56 Nathan Road, Howlion."

and all assets whatsoever in con- sideration of the issue to Pantai, Limited, by this company of 45,000 shares of $5 each out of the unissued capital of this com- pany and allotted as fully paid up d in consideration of this con- pany's undertaking to pay and satisfy all debts and liabilities of Pantai, Limited, and all expenses of liquidation of Pantai. Limited, of liquidation ensue within one year from date of sale.

"Subject to resolution (1) the directors be and are hereby

authorised to settle and agree all

details of the said purchase and to exercise any option granted to them by Pantai, Limited, and to affix the company's seal to any documents necessary for carry ing out the transaction.'

YOKOHAMA SPECIE BANK, LTD.

BALANCE SHEET, DECEMBER 31, 1924. LIABILITIES.

Capital paid up Reserve

Million Yen. 100,000 Fund and Shareholders' are Current, Deposit and Bank Notes

Drafts Sold, Bills Redis-

other Accounta

counted." Correspon- 'dents'.

Accounts

Total

and

other

ASSETS.

The brick. house in an urban area would have a measurement of 900 super feet, and contain three bedrooms., parlour, living The bungalow steel house would have a measurement of only 690 super feet, and contain only two bedrooms, living room, scullery, and bathroom.

BRICK-HOUSE. › Estimated cost of kind ....£ 30 500 Estimated cost of building Estimated cost of sewers.. Estimated cost of ronds

TJ

11

B

H

fo par

% dia. ...309 %, dis

10 10 Canton gins Bar Silver In Hongkong 10 % pm. Chino Copper Cash

Rate of Native Interest Chinese Sab. Cəla Hoogkong Rab. Cola.

H

10% pm.

8X117% out

Mr. J. H. Cook

Mr A Dodd Mr. C. W. O.

Dorsser"

Miss M. Eccles Mr H. K

Mrs B. G. Miller |

and child

FMr and Mrs. J.

Krauh Ins

Mr. C. E. Montagus.

Mr N. Murray

Van Mr. J. Nolasco

Mrs W. Cakes Misk M. Cavo

Mr. E. H. O'Farrell Mr Olliver

Mr and Men R. J.Mr Oliveroo

porce

Mr A, R. Feadlay Mr H, K. ram

Mr & Mra de Forry, de B. L Parkbwist. mares and child” Mr & Mre Parson · (Mr. & Mrs. Mr. H. Pearma

A. EL A. Fong Mr T. R. Perce Mrs. B. Gelard,

Ma P Peterson

Mr F. M. Goldrick Mr R. H. Popo Mr and Ms O. & Mr B. A Pennor

Godh

85 Mr T. Gay

31% dis

%. die..

-

18 232

£580

services. Estimated cost of sewers Estimated cost of roads

Mr and Mrs. R.

Ory

18 Miss AI. Griffin

32

BUNGALOW STEEL HOUSE, Estimated cost of land ... 30 Constructional cost to be paid

to Messrs. Woir for experi mental houses by local, Estimated cost of founda-

authorities

400

tions, fences, paths, drains, connections to sewers and to gas, water and other

D Mr Jam Risat..

Mr. & Mrs. J. Gould Dr. D. R. Gawier Mr. G. H. Gibron £565 Me A Rowlite

Mr. A. F. Helly

They further work out that, while the loss on the two storey brick house will be $18 15s. 1d. a year, virtually covered by the sub- sidies, that on the steel house will be £22 6s. 1d, which, when the subsidies have been allowed for, leaves a further loss of 29 68. 1d. pér annum..

LOCAL SHARE MARKET.

O PREC BAL

QUOTATIONS.

APRIL 277 Namen

10.30 AM

Stock Exchango

APRIL 17.' Ebarebrokers' Association.

tank

8/27 732

b 1296

b. eti-y

b. "0 18

d. 211

H.8.8.0. T.T. on selling rate

London

129

#2 and on bangbst

738 Hongkong Banke 10 a London-133 n. Chartered Bank.

£2116. Morcantile Bank AE-1/8

Ec3-1/8 6.

do.. Bank P. 20. Erst Asia Bank Marine TusuranOUS Canton Insuraket... Chin Hadis

1 b. 100

770 b.

1,10 b.

D. 105

88

b. 770

43, 1033

North Chiun Insurance Caion Insurance *** Yangtze Insurance

Ti40 v.

2. 14

270 b

b 271

45 b.

b

45

Fire Insurances

China Fire Insuranc...

200-5.

200

Hongkong Tira Thanrano...

885 r.

Shipping

Douglases... mm;

54. M.

D. -.5%

H.K. Steamboats

78,5

b 371

a

b. 4.81 5

*38 n.

D

JB

L

190

22.

150

Asin.

n. 83.

b 87

*~| 07,261 9,379

da. 600,986

Hongkong Tags and lighter

Indo-China (Pref.)

(Def.)

Shell Transporta

ព.

(H.E. Rog.).

Star Ferries Water-boats. Oriental Nav. Co.

IM

$7.88 s

D. 17

b 69

6514

17-14 n

636,658

206. D.

.1,444,284

#ofineris

China Sugar ...

||

Malabon Sugar

68 # 13

Benguists"

P. 21 b

Million Yen.

Kailan Mining Adın..

67/-b

Labgkata

T.ea

b. & sa 251

Shanghai Loan

b. 1

Bhai Explorations...Te h

b. 8

Single Langhats

Tis b.

b. 11-1/3

Ranba

8.30 n

Tronoh Mines

TM

Ural Casp.

56/. b. 5/- 2

b. b

Decks. Wharyer, Godawas, &o.

B. & K. Waarts

E. & W. Dock

194-195) an 130 #

b. 790

120 180--1/2-

Shanghai Hongkows

TR03 U

New Engineering..

Tet

n. Bi

S'hat Docks

...TI A

n 187

Comenta

H. E. Sagincorings

Advances to Customers, Bills Discounted and other Accounts Bills Bought Correspon-

dents' Accounts Investments in Securi-

ties, etc...**

327,269

664,885

325,862 15,198

Bank Premises, etc....

in - Hand Deposits with Banks 111,070

Total

and

.1,444,284

OTIS ELEVATORS.

EARNINGS MAKE GOOD SHOWING. year ended December 31, 1924, Otis Elevator Company for the

after depreciation, federal tax, reports net income of $4,161,510 and other contingency reserves, equal, after deduction of preferr. ed, dividends, to $11.69 a share

Gands, Hotels & Buildings,

F. R. Obal Hotels 17 s. 17) Now -

Hongkong funds.

Humphreya Estabad

Kowloon Lands

Princos Building

H.K. Realty H.K. Territorial Rural Lande... Cotton

Mill Ewo Cotton Mills, Ltd. Kang Yike

Laon Kung Mors. Oriental

I shall ask Mr. Sime to second the resolution and before putting the resolution to the meeting (par $50) earned on $16,118.800 shall be glad to answer any ques- common stock: This compares tions.

with $2,988,705, or $18.28 a share Miscellaneous, (per $100), on $14,227,800 com- mon outstanding in 1923.

The resolutions were passed, and the meeting terminated.

LOCAL SHARES. Messrs. Moxon and Taylor's weekly share report states:-

Our market has again been very active during the week and, in fact, may be said to have develop-Pension fund 300,000 ed into a small boom principally in Net income 4,161,110 industrials, and a large number of Preferred shares have changed hands both divs. for cash, and forward.

The income account compares:

* 1924 1929 Federal tax *Earnings $6,286,510 $4,008,705 825,000 575,000 Maint. & inst. Cont. rev. 600,000 350,000

.resv,

remaine.

Com divi- dends

400,000

100,000 2,988,705

Shanghat Cotton. Yangierepoos.

סי

!

17

99-1

เพ

20-1/3 b

1-

150 n.

150

4.85 b

b. 4.40

310.

3. 41

10 D.

T11-1/2 bsn,

b 11.00

T. 3,90 h. T-57 m. Now T 31 ́ms.

a 1.90

n. 60 New #3 n.

#1 b. Now 8 b.

21 J

H4n,

Cements Coments "Combined China Lights (Old)...

do (New) iz b. Comb 28-3/4 Chinn Providents 162 n. New 14 bu

b. 80 Conta B.B. Developments. Providenta Combined... 54) b. 55

Dairy Farms

H.H. Electrics

Macao do.*********

Hongkong and Gaston. Loom

Boogkong Hope.

(b. Now a. A (Comb, b 80 en 21

Naw b. to Comb b 361

n 16) Now a 143

70 Conto

Comb, b 49-1/2

bar...

̈91-1/2” b ̈90-91 1

b et

b. 74

b 17 Mew⋅ 10 b

بعد

18 n. Nov 10.30 m haper Combined...

$3.50 b Hongkong TramWAY.. .. 890,000 390,000

Ponk Tramways (õld)... ... 23-1/5 D

(low)

B.60 h. Watson's. 1,702,489 1,188,158 WED. Powells

Lana Orawforde ja 1,772,800 1,000,000: Con Ioms

B.K. Construokien Surplus 298,271 455,547

"xcoyang TobROOD ... *** *After expenses and deprecia- Bunceros.

Shanghai market steady, and a fair amount of busi-Additional ness has been put through with our Northern friends.

reserves

tAmount set aside for working ELK. Taka capital.

Hongkong Banks,Have been very steady, and a good number | tlom of shares have changed hands at quotations. Y

Unions. Have also been the medium of considerable business at $271 and #272.

Canton Insurances Have firm ed up to a buying rate of $765 without attracting sellers.

in April, 1924, the stockholders authorized an increase of com- mon stock to $28,000,000 from $15,000,000. This was followed by exchange of common on the l basis of two new shares of no par

Galas Bases

Blogapore

Th

10 New 17. *** 18 b.

18 b 7-13 b.

Der A. Wing fully paid

- part 2 Do. *** DALL United Aberió (Wounders)/C

(Dedinar") 201n

do

8.10

Mr R. Richard on Dr. enpold Ro art Mr R. Rate

MY, A. H. Rows Melo ephAtosky Mr. & Mrs. A....D. Silas infant Capt. I. Siquiland My Cof. Hosajt

Capt. "T. P. Hall Mr. & Mrs. W., A. Dr. H. F. Soir more

Hanibal

E pack Misses A. & F. Miss J. Staph in on

Hamilton Miss 10 Stavany

ME Hamong Mr J. Time Madam F. Hon Mr & Mrs Timmins Mr. G. A. Harriman Mr. A. D. Taylor

Midam N. Ties

driks

Mr J. Henrique Mr. & Mrs. La A Mr. & Mrs. A.Hicks Tobias.

r.ET Holdsworth ad Mr Tally Mr. C. B. Holmes and family Mr. & Mrs. Wm. Mr Tumidjan

Mr F. W.O. Wallace Mr. & Mrs. A. 8. Mr 17orge Weaver

Негкое

Mr S. G. Wilcor

Higgins

Mr L. S. Bo-ona'i Me W. L. Wi's00 Mr.. G. J. Johnston Mr & Mrs F. Wolf Mr. J. H. John- Mr and Mra0

#tone

Woes Dor & child

MrA E. Johnsto

REPULSE BAT HOTEL.

April 16.

Mr & Mrs AW. Van Mr and Mrs Lang:

Andel & child binke Mr and Mrs A.&.A.M; & Yrs E. Land

Carleton

Mr P. K. Magag

Mr and Mrs 1. T. Mr. Mr. McLure Dessek and child Mr and Mrs W. Mr and Mrs Fred. Mitchell &obild

Mr and Mrs J, N. Mire nad Miss H. L. Parker

Rili

Ellis

Mr EJ. Richard: Mr & Mrs Gidum Mr T. Sabryver- Mr and Mrs P. M.Mr & Mrs W, O.

Hodgeon

Vander Stean B...It-o. & Mrs U. M.

Stephena

Mr and Mr

LAOOD

Mr & Mrs Townend

PEAK HOTELL

April 14.

Dr J. W. Anderson Mr G, Fugh Jonse Mr B. A. Arthur Mr and Mrs A Mr & Mrs F. Austin Kennedy

Mias E. R. Bally

Miss Kennedy Dr E BiloanI Mr M. F. Key

Mr and Mrs T. G.Mr and Mrs E, E.

Bonnott

Kill

Mr J. W. 2. Bonner Mr & Mrs A. Lase Mr and Mra P. W. Mr and Mrs §.. H.

Blackwell

Langston

Mr W. E. Bourne Mr K. arsen

Mr M..J. Breen Mr and Mrs G. D. Ooi & Mrs C.Rassell Ley a

Brown

Miss Laye

Mies

P W. Brown Major A §, Little- Mr and Mrs B. L. Johns

Bridger

Mr B. B. Carothers

MTL. M. B. Lloyd

Capt. & Mrs J. O. Mr W. H. Look

Carpentor

Mr R. H. Clark

J. D. Lloyd

Mr and

Mrs W.

Logan

Mr BB. island Mrs J. McAlush.

Mira M. Cooper Me R. Mallar

Mrs I . Cormack Mr H. A. Mili Mr and Mrs W. A. Mr E E. Mimmsak

Mrs C... Morse Cornell

Mr and Mrs J. D. Mr and Mrs WN.

H. Mardock

Danby

Lt. Col. R. A. Doh- Mies. M. W. News-

halme

Mrs NO. Donald Mr W. Ogden Mr and Mrs E. R.Mr T. E. Ollerton

Edwards

de A. H. Pons -

Eustace

Mr and Mer W. A. Mr A. Primall

Mr and Mrs B. K.

Remington

Mr FM Farrell

Lt. Col. F. G. FE

Gerald

Mr D. FitzGerald Mr A Forbor Miss. . Forbes

M-R J. W Poster

Hea. Ritche

L-Ool,*& Mrs O

Sandnes

Mr & Mis TLQ Boots}

Mrs & diss. 0.

Stubbings

Stordea

..

Miss G. Fothoral Mrand Mrs E. F. L. Mr and MrsP, P.

Frankli

Мг O. P. Sturdee Lt. E. C. Froderick Mr 3. A. Targ,nt. Me and Mrs W. D.H J. 8. Thomson Goodfellow Mr&Mrs O.Thwaites Mr and Mrs Goo. W. Miss Thwaites

MA. W. Tickle raz1 Mr B. A. LE Uol. and Mrs H. Elain

Groy

Miss M. B. Hall

MeJB. Hawker :

Trevelyan

Walker

Capt. and Mrs.

Er W. J. Hawker Caps, B. F. Walker Mr G. M. Home-Capt. A. E. Warha

worth

Mr IL R. Waller

Bole

Lt. Comde. G. PL.A.J. L. Whyto

Mim U. Willmott Mrand. Mrs 7, 7.. Mr T. 1. Jenklar ** Wood Sta

Mr E. Howall-

• 313 ms 31 Now ₺ 15 16 0,0. Jankin Mr L. H. F. Young

Little Miss Gwendolyn was dis- coursing affably with the rich. widower who was quite interested in her mother

"If I send you a doll," said Mr. Richingdon,should it have golden hair like yours ? JA Gwendolyn Oh, no; the next doll I get must have hair like mama's---to take off and put on.”

NEDERLANDSCHE HANDRE MAATSCHAPPIJ.!

(NMEERLANDE Tradna Hockery)

M

ESTAMLETao 1894. HamuxzYWG Balor Esrandiguero· 1908,

,,

Authorized Capital (7.180,000,000 £12,500,00 Pald-Up Capital .......G. 80,000,000 £ 1,8MLETO Fame Fund... G. 20,048,092 1,470,470 Special Reserves.... 32,680,000 £ 1,885,000 HEAD OFFICE :~~-~Amsterdam, EASTERN HEAD OFFICE:--Batavia, ..

BRANCHES :-

Bombay Cherlban Darbar

Bandarmasin Bandung Calcutta Dakakaria *Kata-Kadja

Padang.

Penang Rotterdam

Blogspare Tagal

The Hague Kobe Makamar

Medan

Palembang Pelonga. Pontianak Rangoon

Bamarang

Boarshais

Tilinja

Shanghai

Boerakarta (Belat

Weltevreden

LONDON BANKERS- National Provincisi Bank Ltd. Corræpondenta all over the world.

BANKING BUSINESS OF EVERT DESCRIPTION,

·W. HL GROSKAMP,

Agent.

Hongkong, November 4, 1924.

司公理管業實法中

SOCIETE FRANCAISE DE GERANCE

DE LA BANQUE INDUSTRIELLH DE OHINE.

ETABLISSEMENT FRANCO

UBINOIS.

(Incorporated in France).

6, Chater Road, Victoria, Hongkon

HEAD OFFICE: 74, Rue St.. Lamak Paris.

Subscribed Capital fully

_paid-up__ Reserve Fund

Frs. 10,000,

Frs. 10,800

Working fund provided by THE BANQUE INDUSTRIELLE DE CHINE,

Paris:

Fri. 50,000,000.

BANKERS:

Eoclete Generale, ́ ́·Bai Nationale de Credit.

Banque

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

Co.

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

M. FITZ-HENEX,

Manager.

10th November, 1924.

THE BANK OF TAIWAN, LIL (Taiwan Ginko.)

Incorporated by Special Imperial Charter, 1899.

Capital Bubscribed....Yen 60,000,000 Capital (Paid-up) Reserve Fund

Yan 62,600,00 .Yen 12,980,00

HEAD OFFICE: TAIPEH, FORMOSA.

BRANCHES:

Yokohama,

JAPAN-Tokyo,

Osaka, Mott FORMOSA-Giran, Kagi,

Kazand

Keelung, Makung, Nanto, PI** Shinchiku, Taicho, Tainan, Takes Tamsul, Tobyen, Ako. CHINA-Shanghai, Hankow, Klukin

Amor, Foochow Swatow, Candan, OTHERS. Bangkok, Hongkong, Bhug pore, Soerabaya, Bamatan Batavia, Bombay, London, New York.

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

The Bank hae Correspondeata in Cao Tom MOTOR= Centres in the Rucopes Dontinent, Baiam, _MM charla Taingiad, Jagan, Todo Chins, Alaw, India Philippine Islande, Jara, and. Dein's tidiga, AMI raila, Amurinn stilon, da

Interflowed on Current A007ans, and TËNDË Depot vaten which will be qanted on applies Wom.

Z. YAMAMOTO, Haunger.

HONCIONG BRANCH,

, Doa Tonx Boad Central, Hongkong, 6th June, 1924.

THE BANK OF OFINA

!

(Bpecially Authorised by Presidan ing Kandate of the Republic of China

on the 22nd of November.. 1917)... Authored Capital

......906.16 Fald-up Capital TE Reserve Fund

HEAD OFFICE: P¥* (

HONGKONG BRANGL -QUEEN'S ROAD CENTRAL Branches and' Sub-branches all ovat. Celia and Correspondenta in Europe Amarka, and other parts of the world. London Rankers:—The Nationi. Provide

sial and Union Bank of Engad, TAL | The Gaseauty Trust Compr

York

New York: Bankani Ta

National Bank.

The Equitable Trust Compass oll

York

Current