Page
N
SHANGHAI BANKING CORPORATION
HONGKONG
drad Office: HONGKONG,
+
AUTHORISED CAPITAL..... 850,000,000 1AHDED AND FULLY PAID UT 850,000,000 RESERVE FUNDA—.
STERLING... £ 1,500,000 SILVER...... 8,500,000
RESERVE LIABILITY, ÖP
PROPRIETORS..
$20,000,000
COURT OF DIRECTORS:
a. M. Young Kuş, -Chalénami.
H. P. While, aj--Deputy Chairman.
B. D. F. Heath, Rege Hon. Mr. A. D. Laist, W. H. Bell, He
COMMERCE AND
A NOTABLE CENTENARY.
THE NATIONAL BANK OF SCOTLAND.
The National Bank of Scotland March 21 celebrated the hundredth anniversary of its lasti-
tution.
FINANCE.
HARLAND AND WOLFF.
RECENT RESULTS.
"What is hehind the remarkable obscurity with which Har ind and Wolff, the big Belfast ship uitding company, surrounds its frances? The company was formerly a even private company, bit when it ofered £4,001,000 of ap-Preference snares to the pubile in July last year no accounts were produced and, the pubile response to the issue and the subsequent price of the shares suffered from the omission. The £t shares are now 15s.
On March 21, 1825, the Arst general meeting was held, the Waterton. Enecessary resolutions were A. H. Compino, J. A. Haminer, .qproved, and the National Bank Hon. Mr. P. Holynak' T. (1. Woul), Eaq. was formally constituted with a
CHIEF MANAGER: A. H. BARLOW, Esq. Manager: Shanghai-G. M. STITT, Esq.
BOCAL
LONDON BANKERS, Westminster Bank, Ltd. CURRENT ACCOUNTS opened in And FIXED CURRENCY DEPOSITS received for one year or horter periods in Local Currency and Starling on terms which will be quoted
application. Hongkong, 21st F »liruary, .325.
J
"BONGKONG SAVINGS BANE,
J.
capital of £5,000,000.
A Royal charter of Incorporation was received in 1831, thereby placing the National Bank on a level with the older institutions, and so removing any disability under which it might hitherto have laboured.
THE CHINA MAIL.
A DISCOVERY.
HOW TO EMPLOY MONEY.
GOLD STANDARD 'GÄINS.
£100,000,000 BENEFIT FROM £&T PAR..
The question, he said was: "When shall we return to a gold standard?" rather than "Shall we do so?" Obviously there could be no return until we were certain:
(1) That there was enough -gold for the world's needs;
'THURSDAY, MAY 7, 1925.
EXCHANGE
Blangkong 7th May 1915.
On London-
Bank. Wire...
...2/3
D
On demand
1/31/18
30 day's sight...
Oredita.
4 months' right ...2/3-
months' sight...2/3-1
,
Documentary, monika sight. 2/4
On Paris--
On demand..
THE BANK OF EAST ASIA. LIMITED.
HEAD OFF HONGKONG, Authorized Capital....... ...........
.. $10,000,000. Fald-up Capital $6,000,00 Reserve Fand........................... #1,000,000, DIRECTORS:
Hon. Mr. Obow Shou Bon-Thairman
Fang Fing Shan
LA Koon han
...1000
P. K. Kwek
Bom.
Credits, months' sight.1180 On demand...
On demand Credits, 80 daya' algisk ..59% On Bombay-
Wies Ondomsad
L
Fire
H
On demand- On Blogapore
On demand... On Maniis
Og demand
On-demand..
150
***.*** Bat
1091
30 days' sight (private paper) On Yokoham On damad...
MOM,
127)
old Last, 100 fas (por tael). 47 Juvareigas (Bank's buying rats). 9.64
91 ilver (per ox.)
SUBSIDIANY DOIN.
110
11
M
Ng Ching Lak
Pong Wil Ting
Mok Ching Kong
Wong Yun Tong Hurah Tai
Kan Ying Po
Chan Ching Shek
Brary description of Banking and Exebangs
| Hemlneem) " trazisted. Lonna granted wi
#pproved securities.
. HAFT DEPOSIT BÄCHS to let.
KAN TONG PO
dila! Manag,
Hongkong, 16th February, 1925.
NEDERLANDSCHE HANDED. MAATSCHAPPIJ.
Bintanklands Trading #oomerT.)
S
י
ESTABLISHED 1894, HONGKONG BRANCH ESTABLICAR 1906,
Authorised Daplts 17, 150,000,000 £19,600,UW Paid-up Capital... 80,000,000 £ 8,568,871 Reserve Fund G. 20,045,082 2. 1,070,410 Special Bisagras...G. 22,540,000 ♬ 1,888,300 HRAD OFFICE :—Amsterdam, EASTERN HEAD OFFICE :---Batavia,
BRANCHES:-
Bandjerman Bardong Bombay Oslo. Cheribon Djernber Djoka karta Kota-B
Rotterdam
Mingapore Tegal'
An Investment trust is a com-
"The difference between sterling pany which is formed for the
at, say, 10 per cent, discount- collective Investment of its share which it was less than a year ago holders' capital, and it receives and at par with gold means
from concessions
the Intend Revenue in the shape of exemption probably £100,000,000 a year in
our favour," from income tax on profits arising
This observation was made by from the sale of investments, pro Sir Laming Worthington-Evans, vided it binds itself not to dis- the War Secretary, at a Constitu- On New York- tribute any such profits. In other words, it pays tax only on its tional Club luncheon, when he income, and distributes dividends discussed the possibilities of an without Indicating either what the only out of income, placing all early return to the gold standard proats on sales to reserve, the Government's future policy might On alastis income from which; however, is taxed, and may be distributed to be or his own personal conclusions.. The high Ho was referring to the fact that the shareholders. dividends paid by some of the the British people ars creditors in The first accounts to be publish-investment trusts on their ordinary sterling and debtors in gold to The results or deferred stocks must not be USA and for their necessary ed are now avall ble are stated to be for the perind taken as Indicating that a similar imports from overseas. We were,Da Shanghal- ended December 31, 1924." What rate of Interest is earned on the she said, creditors in respect of entire capital. Such high divi over-seas investments of about The National Bank of Scotland is the extent of the period?
The profits are shown to be dends are obtained by paying a £3,000,000,000, al lent, and repay Was the first Scottish bank to open an office in London. Immediately £241,538, after providing for Pre- lower rate upon other portions able in sterling.
If we returned to gold we should after its inception the directors ference dividends (amount not of the capital. For instance, the had appointed Messrs Glyn & Co Esited) and after including a Anglo-Celtic Trust, the prospectus receive the annual interest and the as the London correspondents of transfer of an specified amount of which was recently issued and repayment of capital on a basis
2 % dis was immediately. over. equivalent to gold. We were also the bank, and in December 1843 anfront reserve. Way not supply which
10
1}% dia. account was also opened with the amounts of these inportint subscribed, announced that every debtors in gold, and if sterling Hongkong 50 cents sub..
... 8 x dla the Union Bank of London. items so that shareholders can see £10 share, when paid up, would be was on a gold pirity our debts
were less burdensome.
Canton dolay
18%, da divided into £6 of 5 per cent, pre- in the whas the profits really were An important event
Bar Bliver in Hongkong 10% pm After axing 5 per cent. for the ferred stock and £4 of ordinary
Chicase Copper Casa 10% pm. bank's history took place in 1918,
Chlaers Copper Coéte ... 6 pm. when an offer to purchase the period (whatever it is) on the stock and Scottish United Inves TE E business of the above Bank is whole of the capital stock of the Ordinary share capital there will tors, Ltd., another recently formed
Chinese Sub. Onla -31% did? cofducted by the BONGKONG Bank was made to holders by be £125.278 to be carried forward. Lavestment trust, on the same day
to of Native Interest 517,out Padang. Hongkong Sub. Osia. ....... Z dis. It is shown, thu £107,013 has advertised for public information AND SHANGHAT BANKING COR.Lloyds Bank (Limited)
been provided for depreciation, particulars of an issue of 5 per PURATION. Rates may be obtained on application.
hut Messe: Prige, Waterhouse and cent, debenture stock which it had Compity, the au fitors, re nark evidently been able to place that their artifice to the balance privately at 974 less half per One of the cent brokerage. sheet is subject to the suffi tency
secrets of successful investment is. of ine'provision for depreciation
of course, to borrow money at one ... STRONG RUBBER
rate and to employ it at a higher "Rabber reached's 844 par h.. rate."
The banks found this out yesterday. (March 24) which is the long ago, and now through the highest pricesinde September investment trusts, a larger number. 1920, when is al was posted. of private lavestors are making Taspania knows nothing of the August 1912, Jas before the the same discovery. For the HONRON & HUA severe droughts which periodically mids campulsory by Ceylon and THE OWNING CLASS...
visit the mainland of the Comman. wealth; but with within its sna British Mily, the risa dipped
Mr. Ruach ut ind a very compass there rem irk abie to 6'4d ́ Tae higher price ever variation in rainfall. The wettest recorded wis the 123.93. touched important point in his speech at the meeting of an Insurance Come district of the west coast soddens in Aprit 10
Owing to the combined effect of pay when he referred to the wide oder 131. of rain in the year; the
ata Enprovad demand and the re- distribution of investment capital driest of the eastern Midland v experiences. the relative aridity of stricted output, the diminution of that is such a marked feature of in. On the whole the island is rubber stocks in London continues one prese it capitalist system. In not remarkably productive, but its There was a further "fall of, 1554 the Post Office Savings Bick and richest land is very fertile. The tons last week, and the total of Trustee Bink alone over £360,000,- 000 are owned by fourteen and a annual value of its agricultural 18.95 tons now on hand is below produce is about £3,600,000, of the figure-0,000 tons-which was half million small investors. War I which apples
from considered the safe margin in pre-Loan and War Savings Certificates £700,000 to £800,000 and hops war times. Bat marketing con- fluctuate between £220,000 and ditions have changed since then
Landings of 1,302 tons were £350 000. The annual produc duction. (on the latest available heavier last week than for some figures) of the principal is:-Oats, time, but deliveries continue on a 1,700,000 bushels; wheat, $70,000 substantial scale. Meantime, how bushels; hay, 100,000 tons; birley, ever, the advance in the
peas, 400,000 modity finds little reflection in 150,000 bushels: bushels: potatoes, 100,000 tons. But the small population (under 220,000) provides an inadequate local market and producers are dependent too much on the export irade. The pastoral industry is in a healthy position owing to the HOW LONDON STOCK EXCHANGE ing some of its worst features.
INTEREST on deposits in calenlate! oo the lawont baiser during enen com plotod Calendar Month at 34 por cont. por annum. Should there be no bilsues on any day in a month no interest will be allowed for that drth.
Depositors may transfer at their option Butance of $100 or more to the HONGKONG & SHANGHAI BANK. to be placed on FIXED DEPOSIT CURRENT RATES.
BARXING CouYUMATIÓN,
H. BARLOW,
Chlaf-Managet.
Hongkong, 7th January, 1925,
THE CHARTERED, BANK OF INDIA, AUSTRALIA & CHINA.
ม
INCORPORATED BY ROYAL
CHARTER, 1953.
HEAD OFFICE: LONDON.
Paid-up Capital
Reserve Fund
Reserve Liability of Pro-
prietors
£3,000,000
£4,000,000
43,000,000
FOREIGN EXCHANGE and General Banking business transacted.
CURRENT ACCOUNTS opened and FIZED DEPOSITS received for 1 year
or horter period at rates which will be queted on application.
A. H. FERGUSON, Manager. Hongkong, April 36, 3025, **
BANQUE DE L'INDO-CHINE.
HEAD OFFICE
96, Foulevard Hausmana, Parin. „Pubscribed Capital__..._Fri, 72,006,000.CL Paid-up Capital Fr. 65,400,000.00 Reserve Funds Fm 69,867,288.54. BRANCHES
gkok
Katumbing
Orato
Djibouti
14
Hongkong
• Algon
Shangha
Bingapore Timalsin
Mongise
Контеков
Pastele
Haiphon Kskow Bano
Poking
Pasta Prah
Tarang Ynnanf
Pondicherry BANKERS:
1
The offer was accepted by holders of over'08 per cent, of the stock of the National Bank of Scotland, who became holders of shares of Lloyds Bank, thereby retaining a dizert interest in the continued prosperity of the former bank.
TASMANIA..
is
represent
Gurpur
restriction she ne
market quotations.
SHARE DEALING PROCEDURE.
BUSINESS IS CONDUCTED
WIS.
GO T-
high price of wool, the season's clip being worth nearly a million sterling, while the valus of dairy Business on the Stock Exchange produce_is_over £500,000, and of _is_coidated on regulated lines. timber something more than £400,000.
THE SECRET OF HIS
"LONGEVITY.
How to prolong life is a subject of IN FRANCE Comptoir National d'Except never-falling interest, and thous why
Lax Paya-Bes; Crodit Industristet Commercial lactate Generals.
IN LONDON The National Provincia & Jalon Bank of England, Ltd.; Comptoir Fasional d'Escompte de Paris; Credit Lyonni
IN NEW YORK: J. P. Morgan & Do, French American Banking Corporation; -Guaranty Truant Oo, of New York.
That is to say, the buying änd selling of stocks and shares is conducted in accordance with official rules. We betide. the Imember who
rates!!
transgresses
the
A broker must not sell shares which he owns direct to a client: he must go into the market and
dealer called a jobber."
Paris; Ore lit annals, Banque de Pariat, have at all to advancel your ebuy at the prevailing price from a
constantly being awred what has been their soutes. Such a guestion. was put When a broker receives an or by a reporter to M. Yunosau de Bordenesve, a wonderfully hals and der from one client to buy and hearty old gentleman of a years why from another to sell the same resides a to bid Itue Caneliais. Paris. shares, he cannot arrange the deat 1jgo that you have always simply by transferring the shares enjoyed axruptionally fine health. Is it from the o to the other; he tai so 1" said the reporter.
I must execute the orders through a dealer. This, of course, ensures fair treament to both clients, as
fatarest silorad og Current Accounts and Maed Deposits according to persagernant.
Every amoription of Banking and Exchange
A. LECOT,
Manager
Jasinos transacted. *
Hongkong, March 20, 1924.
THE YOKOHAMA SPÈCIE
BANK, LTD.
Established 1880.
Capital (fully paid-up) Ten 100,000,000
Reserve Fund
Yen 80,500,000
Head Ofice:—YOKOHAMA,
M
Branches and Agencies at:
Mataria.
Mainos Ayrs
Bombay.
Calcutta.
GRALECUL
Dairen (Dalny).
Newchwang.
New York.
Doaks.
Peking.
Rangoon. Rio de Janeiro.
Panglisz (Mukden). Baigon.
Marburg.
Hanko
Marbla
Monolul
Kai.Tusn
San Francisco. Beattle.
Shanghai.
Shimpnoseid. Fingapore. Soerabaya. Sydney,
Testsin.
Koba.
Rondom
Los Angeles.
Kabila
Tokyo. Tsinanfo
Tsingtan
MOJOTS.
Vladivostock.
There you no mistaken, was this reply, "for when hat woon. 69 and 65
M. Y. de Bardéneuve.
the dealis conducted in the mar ket.
Brokers are simply agents between the public and the dealers, for the latter cannot deal direct with the public.
THE BROKER'S CHARGE. Now as to broker's charges. Co 11. mission is payable by both buyer and seller, and is based on a fixed scale. No lower connission than Et can be charged except in the case of a transaction amounting" to less than £100 in value, in which case the brokerage is 103., and 51. if the deal is under £20.
On transactions valued £100 and over brokerage is so much per years of age my health wir very for share and according to the price of from good. Do you wish to know what the share-ine penny oa shares it was that made a wonderfully happy priced between 35. 6d. and 58., transformation. in met M. de Bordenenva took from his desk bottle threepence when quoted 15 to of Dr. Williams' Pink Pilis. "Louk! it 20s, and so on,
was simply this."
The Government, stamp duty of pwe infinito gratitude to those 203. per cent. is payable by the Pille dantinco do Bordoneuve, buyer, as is the "fee"(usually 29. "far by their aid I passed afely through 6d.), which is the company's that excoolingly critical period. Stomach charge for registering each trans- and fatestinal troubles were assailing me fer of ownership. then and I had perpetual headaches and houstiim. The results of the use of
Internet allowed on Current Accounting that I have never since been without
Deportiu received for fixed periods at mins to be obtained on application
C. ABIMA,
Hongkong, 11th March, 1988.
FINE - JEWELLERY- ingamist, Kasper, &à W siding Rings
A SPECIALTY,
d highest grade in the Colony. "
WINDSOR BROS.
art. 86 Nathan Boad, Kowloon,
ALL 500.
Dr. Williams' Pink Pills were so surpris
possession.
a bottle of them in my
***I am an enthusiastia believer in the. merite of Dr. Williams' Pink Pills and it -what-I-hare told you convinces others who are in bad health that they will do for them what they have dous for me (
isti ferhappy
No matter what your ago or sox Dr. Williams Pick Pilla will improve the quality of your blood if it is watery or Impure, strengthen your nerves if they ❤jare weak, nil your digestion, giro.you Increased strength and cheerfulcem. Dealer sell them, or post froe, 41.5) mee bottle for & battles, from Di. Wi- Ilsos". Madleige Coj 69 Kilage Road, Shanghai.
A PICTURE OF SURPASSING BEAUTY
Maurice Tourneur's
LORNA DOONE!!
An enthralling love tale of the -days of the “bloody: Doona," Saturday, May 9th at QUEEN'S THEATER
i
also represent an enormous amount of capital owned targely in com- paratively small amounts by a great number of investors, and it is well known that some railway
companies have more shareholders than employees. It is true that at present, as Professor Clay has pointed out, these small capitalists own only a small proportion of the total national capital; but the ten- dency is there. The result of this tendency cannot but strengthen the capitalist system whilst remov
The standard Labour argument postulates the existence of a "small owning class" praying on the workers. As a matter of fact, if we accept the language--we- must admit that the workers have begun to pray on each other by becoming small capitalists; and we sincerely hope that the process of capital distribution will spread until Veryone is "preying on" everyone else, which will be a very healthy state of affairs, says the Weekly Westminster.
"SHANGHAI AMERICANS.
BIG U.S. BUILDING PLANNED.
A large number of residents of"
private Shanghai attended exhibition of plans and elevations for a proposed new United States Government building to be con- structed on the site of the present Consul-General, which was held recently in the office of Mr. Elliott Hazzard, architect, No. 6, Avenue Edward VII. The pro- posed building which is estimated to cost Tls. 2,000,000 would house all aclivities of the United States', Government at this port. plans were drawn by Mr. Hazzard and his staff and have been for- warded to Washington for the consideration of officials of the State Department and members. of Congress.e
The
On the walls of Mr. Hazzard's office was also displayed the plans for the new U.S. Consular building at Amoy, which recently was approved by the Government and upon which work will be Another · new started soon. American Consular buildings to he located at Mukden is also under according to consideration, Mr. Hazzard.
Mr. and Mrs. Hazzard acted as hosts at the private exhibition of the plans and refreshments were served.
"French mortality statistica for 1924, which were published on March 22 show, that, although the number of marriages remained Stationery thing the your the excess of births over deatha, waa only 72,216, against. 95,000 in 1923. The total population of France (including. Alence, Lorraine) is now returned officially, as 39,208 -- 518, against d1,476,272 in 1911, including the then population of the province since recovered,"
(2). That this country was in a position to commind the use of a share of the total which was suficient for this country's re- quirement. Replying to the chairman (Com
Edward Nichol mander Sir
.N.R), Sir Laming Worthington Evins sild he did not think there was the slightest chance, at any
rate in his lifetime, of having golden sovereigns again to jingle In one's pocket.
FORD FACTORY FOR FRANCE.
Mr. Henry Ford is reported to have decided to erect in the north of France a factory which will employ 25,000 workmen to make motor-cars for the Continental market.
His agents are said to have acquired a site at Creil, on the main line from Paris to Amiens.
LOCAL SHARE MARKET.
QUOTATIONS....
OFFICIAT
"MAY 1. Namy
10.30 A.M. Stock Exchange
tank
2/3...
+
73-12
R.S.B.C. T.T. on selling rate
London
and on Shanghai
Ingkong Banks 1283 b 1210 on Loadoo-213) a Chartered Bank Marcantile Bank A B £2+1/2 b.
0 dɔ.
-P. & D. Brak ... Est Aria Brok Marine Insurances
Canton Insurant... Chios Packs -- North Chins Iñauranos' Orion InsuraU23 ** Yangbizə (asurance Fire Insuranoss
Chias Pirs Intacsni)
Hoogkong Fira T619r123%....
Shipplag
Doncluses...
45 b.
Madun
Pecalongan
The Hague Kabe
Makasar
Palembang
Pontianak
Rangoon
Samarang
Changhai
Bourahai
Boerakarta [B#34
Tilatja
Welievreden
LONDON BANKEBS;— National Provincial Bank Liet. Correspondents all over the world.
BANKING BUSINESS OF EVERY
DESCRIPTION,"
W. H. GROSKAMP,
Agetik
Hongkong, November 4;. 1924.
司公理管業實法中
SOCIETE FRANCAISE DE GERANCE
DE LA BANQUE INDUSTRIELLE DE OHINE
ET BLISSEMENT FRANCO CHINOIS.
(Incorporated in France),
6, Chitor Road, Victòria, Hongko
HEAD OFFICE: 74, Rue St. Landlik Paria.
Subscribed Capital fully
paid-ng Escurve Fund
Frs. 10,000 Fra. 10,89%
Working fund provided by
THE BANQUE INDUSTRIELIE DE CHINE,
• Fr. 50,000,000.
BANKERS:
Societe
Generale,
Nationale de Credit. Bangun Paris et des Pays-Bas.
London: Midland Bank, Ltd.
New York; Irving Bank Columbia paran.
Co.
Every description of Banking Exchange Business transacted. Comple
pondents throughout the world.
M. FITZ-HENT,
Manager.
10th November, 1924.
MAY 7.
„Sharobrokor?' Asociation.
1/2 73-12
b 1225
5.
231-1/
b. "A" 2894
211-1/8 h
b. "0 £13
'.. 97, SB
b. £11
D. 103
Paris:
1825.
775
1.4) # 3.55 84
b 3.2) an 3 25
Tin
140
973 bt sa
b
571
b. 15
910 h.
200
630 b & sa
867
51.
.53
39.
h34-1/2
4
6. 4.85
38 ໆ.
.. 38
1904
12) €
A
D. RS/.
81 b'83 a 891-3 ta′′
$ 84
77-1/4 n
D. 171
$15 f
A 155
84 4
41/63-1/1
53 D.
514
qt. b
17% b
57%
T 81.u
. 15
D. I
TIX a.
D. 11-1/
3.50 #
64.
Bi-
B.K. Steamboat. Hongkong Tags nad Lightor Indo Chians (Fra)
da (Dali) do. १. K. Row. Shell Transports Star Ferries Watar-bost ... Oriental Nev. Co.
Refineries
Chins Sugar Malabon Sugar
Hlaing
Renguets
Kalan Mining Adge...
Inokat
Shanghai EosDN S'hal
...T.7 12. Explorations. }'T 6) a
Single Langkats Ratiba
Tronoh Mines
+H
Ural Chap. Dooks Wharves, Godowne, ko.
B, & K Wharts. R. & W. Dook Shanghai Rongkawi New Englasexlogs.** Shal Docks
Cemonta
** P
H. K. Engineeringe
140
199
200 b.
10-1 es
b 120
T301. Ts* n Tifa b
22. 9-12 6 127
-
Lande Hotels & Buildings, H.K.&bai Hotels 11 85 b. New Rongkong Leads... A.K. Resity
Humphreys Extaben
Kowloon Landa.
Princos Bulldiag «« R.K. Territorial... Rural Lands... Cotton Mills.
--
t. 149
@="/h 94-84) m
4.8% b
03.142 14
b. 4.68
ช
b 10-1/2
150
a. 160
St.
. 8-1
10. 2.
Tub
T. 9.97 b
a 5.90
T. 57 n. Now This.
11_n. Now in.
39 s
34 v
Rwe Catton Mille, Land, ... Kung Tiks Laon Kang MowIM. M Orientala...... Shanghal Cotton.... Yangiszappos.
Miscellaneous,
Comenta Cements Combined China Tight (Old)
#4#
***
J
+
www
¤. 50 Now 38 n..
fb. 11 New n.8
. (Comb, sa 29.10
(Kew n. 114 Comban 25-13 n. 18 Wow, a Tá b. 70 Centr Comb. m 45-1/2
b57
b. A Cente
48 II.
2016.
87; a
= 87
43 n.
6. 71
18 . Now 10.99 nă
5 17.12 Lơn 10
54 22
b 54
.
48 € -22-1/9 b.
#48)
68.10
do (New) 21 n. Comb 28 Jaits Providents 16 a. Now 14.10 sm). HAK. Developmenbe Providente Dombined. Tairy Forma.. H.K. Electrios Macao do *** Hongkong and Canton Toes Bogor Rope. Lopes Combined... Hongkong TramWEYI... Foak Trainways (Old)......."
Do
KNOW)
H, T
***
Watson's *** Wa. Powell Lane Crawfords Canton, Loom F.K. Constrasikan Nanyang Tobacco
Maakin.bonk
-23 n Newt % bi
16b. x.de
17.108
·7-11 h
મ
(h ta) New b 21-1/M
T. 18-19
THE BANK OF TAIWAN, LEI
(Taiwan Ginko.)
Incorporated by Special Impariał -
Charter, 1899.
Capital Subscribed:..........Ten 60,066,2 Capital (Paid-up) ..........
Yen, 51,50 Beserve Fund ...... Yen 12,988,
HEAD OFFICE:
TAIPEH, FORMOSA.
BRANCHES:
JXPAN—Tokyo, Yokohama,
Osaka, Moll
FORMOSA Siran, Kagi, Karda Kaeling, Makung, Nanto, PE Rhinehiku, Talchu, Tainan, TaEr Tamani, Tobyen, Akò.
CHINA-Shangha?, Hankow, Klužiony
Amoy, Foochow, Swatow, Ca OTHERS, Bangkok, Hongkong, Ma
pore, Soernbaya,
Samar Batavia, Bombay, London, York.
LONDON BANKERS: London County Westrafastar mul Farr's Bank.
The Bank has Dorrandonte to the Comm Cantree in the Baronesa Continent, neda, MAR churis Talagino, Ispan, Indo-Chins, Alan, India Faliippies fonda, Java, and Dasah Insli, S valla, Amerios, Alfion, Mo.
Later
& & allowed on Guizant Account, and Pined Deposit rates which will be quoted on applies dow
Z. TAMAMOT%,
Manages
HONGKONG BRANCH,
D. Des Voster Road Central.
Hongkong, th June, 1924
THE BANK OF CHINA.
行銀國
(Specially Authorised by Presidencial
Mandate of the Republia of Chine on the 2nd of Novusher, 1917).
Ketorland Capital
Fald-up Captia pagare som
$60,004 BRE
HEAD OFFICE: FELING.
MONGZONG BRANCIL QUEEN'S BOAD CENTRAL, Franshee and Sub-branches all Oval- Cabas and Gorrespondents in Europa 'America, and other parts of the world. London Bankeray The National PROFIR. sial and Valon Bank of England, ING The Guaranty Trost Company of Mits Nowak Tart Bankerer- ho ghe zigufiable Tract Company of Mas
Embirant allowed on Omrant TOW" and Rizod, Depozita, Tammus ON #PR)
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