1925-05-19 — Page 2

Page

HONGKONG & SHANGHAI

BANKING CORPORATION..

HEAD OFFICE: HONGKano". AUTHORISED CAPITAL..... $50,000,000 IBNUED AND FULLY PAID UP $20,000,000 BESERVE FUNDA --

STERLING... £4,500,000 SILVER $26,500,000

RESERVE LIABILITY OF

PROPRINTIMA...

*)$20,000,000

COURT OF DIRECTORS:

COMMERCE AND FINANCE.

OUR FOREIGN TRADE

INCREASING.

EXPORTS UP £9,000,000 IN MARCH.

Returns of United Kingdom foreign trade for the month of March are noteworthy for the small aggregate, movement com. Hon. Mr. A. Langpared with Febrliary, in spite of

Patterdam,

G. M. Young: Eag→→Chairman. H. P. White, Esq.-Deputy Chairman, B. U. F. Rey

W. H. Bell, Esq.__

A. H. Compton, B. A. Plummer, Era. Hon.Mr. P.B.Holynski T... Well, Mag.

CHIEF MANAGER:

A. BARLOW, Eng. Manager: Shanghal-G." A. STITT, EAQ.

LONDON BANKERS, Westminster Bank, Ltd. CURRENT ACCOUNTS opened to FIXED LOCAL CURRENCY and DEPOSITS received for one year or shorter periods in Local Currency and Sterling on terms which will be quoted on application.

Hongkong 21st February, 1925,

།

the difference in the number of working days, but there are con- siderable variations in contrast with March 1924:

Imports last month were valued at £112.861,032, against £116,147,06E in February and £103,695,812 in March last

the year, while respective export figures, in- cluding the re-export of foreign and colonial merchandise, were, £83.079,815, 83.187,976; and £73,- 803.523.

£

£

SCRAP METALS.

THE CHINA MAIL.

THE LATEST FIGURES.

Aprilis. Practically no business has been done in scrap metals dur: ing the past werk, due to holidays during a particularly slick time, No price changes have occurred, but unless something out of ordine ary takes place the Indications are that prices will sag, both in ferious metals and non-ferrous metals. An average price for M. S. may be taken as 60s., WI 788, and best machinery C.I.828. Que allowance bolng made forvariations in quality, sorting, etc., the first two columns of the following table may be taken as average prices:-

Bayers. Sellers, Top-prices"

£

F

£

Admiralty

G.M

12-

45 56

63

47

53

リ

Good G.M. 40

Yellow

Brass.....

34 40 ra Copper

55 Lead 23 33 Zine.......... 19 Aluminium 70

22 88

The following, statements give details for the past month and the first quarter of the year, compared with the same periods of 1924.

March 1925. March 1924.

A leading Manchester merchant firm states that the market for scrap HONGKONG SAVINGS BANK. Imports....112,861,032 103,665,812 metals continues quiet, with lead

Exponta

in demand. The following may TE

Honingen of the above Bank ie) (British) 70 303,279 61 102,76% be taken as present value for old conducted by the HONGKONG Re-exports, 12,776:536 12,700 756 collected scrap metals delivered AND SHANGHAT BANKING CORTotal ex-

Manchester warehouse:-Gunmetal ports...... 83,079,815. 73,803,523 scrap. £48 per ton; mixed light PORATION, Rulan may be obtained on application.

Excess of

and heavy yellow brass. £39; imports 29.781,217 29,892,289 braziery copper, scrap, £48; clean First Quarter, First Quarter;light toppen E54; heavy copper

1925..

wire, £58; clean HC cupper wire, £57; scrap lead. £30; scrap zinc. Imports 351.916,038 301.566,844 £21; brass rod borings, £38; cast aluminium £85. Offers are as Exports.

(British)208,684,168 193.312,756 follows. delivered to consumers' Re-exports248,601,964 232.355.238 works, properly graded and sorted ready for use: -Selected heavy, Excess of

69,011,586 gunmetal scrap, £57to £53 person; Imports.. 103,314,074

Admiralty guarnetd scrip. £62 to BIG DROP IN COAL EXPORTS.

£64; clean heavy cupper, £64: scrap lead, £32: scrap zinc, £24 cast aluminium, £92 to £93...

INTEREST on doposits is calculated on the lowas, balance during och com plated Calendar Month at 31 per cont per annum. Should thors be ao balance. on any day in a month interest will be nilowar for that month.

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

For the JosONG & SHANDOHLAF'

Baskiso ContÇRATION),

A. H. BARLOW,

-Chief Manager. Hongkong 7th January, 1925.

£

1924.

£

The rise in imports in March, com- pared with last year, was divided between raw materials and manu- factured articles, purchases of foodstuffs showing little change.

Raw cotton showed a very big. THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA. Increase, but wool importation's

www.accomm

INCORPORATED BY ROYAL

CHARTER, 1853.

HEAD OFFICE: LONDON.

Paid-up Capital

13,000,000

Reserve Fal$4,000,000 Reserve Liability of Pro-

www

·£1,000,000-

prietors FOREIGN EXCHANGE and General Banking business transuered.

CURRENT ACCOUNTS opened und FIXED DEPOSITS received for 1 year or shorter period at rates which will he quoted on application.

A. H. FERGUSON,

Manugur. Hongkong, April 15, 1925.

HEAD OFFICE:

96. Boulevard Haussman, Paris. Subscribed Capital. Frs, 72,000,000.00 Paid-Up Capital. Fr. 68,400,000,00 Reserve Fund....... Frs. 59,087,289.51

were

ARE RUBBERS DEAR?

The experts une beginning to ask rubber shares are not too deur. smaller. The export in Ponsidering the anxiety with which crease was entirely in manyfac. Einvertors have held to this lock der- tured articles, these being nearly Engg a most protracted period of do- £9,000,000 -larger. Coal exports | pression, it is encouraging that again showed a heavy shrinkage. Freovery has su in to such un ex- Excess of imports in the two tent as to raise question of the periods was practically indentical, kind. An intending investor in but for the three months the excess. South African goid shares of are this years much heavier. ·liable type requires some 10 per cent.

On on his money at least. shares.10 per cent. is also looked

On for as the minimum reuirm. home industrial securities a buyer is frequently satisfied with a micl

CEMENT FINANCE.

Critics may say that it is late in

the necessity for "depreciation" been less pressing a dividend of

ten

High dividends were paid during the war' and the immediately. mo. ceeding yours, but since then the fortuses of the company have changed.

In 1998 £1,760,000 was writtan off various assets and £1,100,000 lust. year.

Of the latter 500,000 was trans- ferred to profit and loss, but for which there would have been a de ficiency instead of a credit balance. The remaining roserves amount to £3,660,318.

EXCHANGR,

Hongkong, 19th May 1998.

Bank Wire, pa tu

“.*

Du demhand WULEJE: 15/160

24 montar alțiri Credità, 4 monthư right ........3/5-1 Documentary, i montem algh) 3/3–1 On Pla

1050 Credits, & mothy sight 1150 "Om'demand

On demand

sa

'On New York- On demand Credits, '80 days' ight

Wire

The director refer to the severity of foreign compotition and instanco On Bombay the recent placing of shipbuilding orders abroad.

LADY PIRRIE,

ACTIVE INTEREST IN BELFORD SHITTARDS.

Lady Pirrie, widow of this fumong" bend of Harland and Wolf, the Khipbuilders, intends to avail herself of the right, granted to bor in her late husband's will, to stand first in ‚ the firm's register.

She intends to "take an even greater interest in the activities of the firu, for her work in connec- tion with which Land Pirrie ex- pressed such gratitude in his will.

After Lady Pirrio's death the pro perty pass to holders of Ordinary und "A" Preference shares in Harland and Wolf, Ltd., at the the of the passing of the resolut [tion for the conversion of the com- any into a public company, other Haslares belonging to Lord

Pirrie's estate.

the day to tell the shareholders of | lower" vield, some even of 5 per the Associated Portland Cementcent. Right por cent, would prob- Manufacturers, as the chairman | ably be a fair return on rubber, and did that the company was over it is shown by a writer in the capitalised at the start.

"Observer" that from 41 to 6j per This, of course, explains the cent. is.all the yield given by a BANQUE DE L'INDO-CHINE. | policy of the new board in appro- number of representative com

priating out of the past year's net painies on the price at which their profit as much as £207,387 for hures stand in the market. The depreciation and so forth Had share market is strong, and it is a pretty good sign of the strength of the industry if investors are willing per cent. might have been declaro.come in on terms that compare ed. To pay this rate would require only with home industrial stocks. anly £113,000...

No doubt rubber has been the conse Commercially the combine is of anxiety to many a holder, but doing well, and with the recons the anxious days, we think, are over, struction of its works in progress a and dividends this year should show larger turnover is likely, but as the

» great improvement unless some- board consider the assets over thing totally unforeseen happens. valued, either the Ordinary capital. Producers are enjoying considerably must be cut down or earnings con-higher returns for the commodity, finue to be utilised to write down and with better organisation, costs With £501560 in cash and bills reced to the mininum, and new (which will be used to pay cost of investor at present rates should sources of demand springing up the Finch Anoriosa Banking Corporation; modernising the plant) and alsolve o cause to rue his bargain|

other liquid assets, the finances are strong, and in the circumstances it when current year's remita are re-

Bangkok

Caton

poanzi

RONDA

Hipboa

Farow

Pang

HRANCHES:

Hongkong Saigon

Shanghai Magp oras n

Bingapore Tintain *Tǝarane

Yunnanfu

Pipers

Pakiog

Pnom Penh

Pondicherry BANKERS:

IN FRANCE: Comptoir National d'Escompte ta Paris; fire kit Lyonnink: Banque de Fariset 1 Pays-Bas; Credit Infit-trial of Commercial

*ciete Generale.

the value of the assets.

is doubtful whether such A reorganisation would be sanction- ed.

N LONDON: The Netional Provincial & Jaisa Brak, of England, Ltd. Comptoir Nasional d'Esopmpie de Paris, Credit Lyonnais IN NEW YORK: J. F. Morgan & Co.

aranty. Trust Co. of New York. lateral dllowed on Darrent Accounts and Brad Deposits according to arrangement.

Tvary description of Banking and Brohange Barian treated

A. LECOT,

On the other hand, the writing Manager. down of the assets means that only Hongkong, March 20, 1924,

small dividends for a few years at least can be expected. Eventual. THE YOKOHAMA SPECIE, the earning power will expand; but meanwhile it might be as well to sell the shares on any good rise, as at the best they are a lock-up.

BANK, LTD,

Established 1880.

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

Yon 80,500,000

Head Office:-YOKOHAMA:

Branches and Agencies at:.

Nowchwang. New York.

Batavia.

Bombay.

Burmas Ayres,

Calcutta.

Changchun.

Dairen (Dalny). Fongtion (Mulden).

Hamburg.

Hankow.

Herbin Honolulu. Kal Yuen. Kobe, **London.

2

Osaka.

Peking.

Rangoon. Rio de Janeiro, Saigon.. San Francisco. Seattle. Shanghai. Shimonoacki. Singapore. Saurabaya. Sydney. Los Angeles,

Tientsin. Lyons,

Tokyo. Manila.

Tainanta. Nagasakl

Tsingtau... *Vladivostock. Nagoya

Interest allowed on Carrent Accounts. Deposits received for fixed periods at rates to be obtained on application

C. ARIMA, » Manager. Hongkong, 11th: March, 1926,

RUBBER ITEMS.

vented.

من

-BANK OF ENGLAND

APPOINTMENTS.

The signature at the foot of the last weekly return of the Bunk of England-C. P. Mahon, Chief! Cashier-indicated a redistribution of offices, for since January 15-fast, in the absence of Sir E. M. Harvey, Mr. Mahon had signed the returni as deputy chief cashier. The new appointments are now announced officially, Sir E. M. Harvey, who According to the published entered the service of the Bank us prospectus of the Kuala Muda long ago as 1885 and has been chief Rubber Estates, Ltd., its directors, cashier since 1918, soceeds to the Sir F. M. Voules, Mr. William post of comptroller vacated by Sir Duncan, and Mr T. M. C: Steuart, Gordon Naarne on his recent elec judging from their crop calculation to the directorate, and Mr. C. tions, anticipate that Restriction will last till July, 1937.

The directors of the Seremban Rubber Estates, Ltd, have declared a dividend of 3 per cent. for the foaocial year ended December 31, 1924, writing off £2,000 for depreciation and carry fog forward £4,655 to this year's accounts.

Phese shares are mainly held by relatives of Ford Pirrie nad loading members in the firm, as well as by other shipbuilding concers.

Į

241

On demand... On Jalostia-

Wies

On demand a

On Singapore.

On Manilli

On demander

On de sand..e

On demand...

On Shanghai--

**

30 days' sight (privato paper) On Yokohama On demand

•H

SUBSIDIANT ORDER.

108)

10M,

1981 Gold Leaf, 100 ape (per tael): 47.42 Sovereigns (Bank's buying rate) 6.88. Bilvor (per os.)

813/18

Hongkong 60 danke, sub, ... '% 7 dia,

4%. dis

dia ** 19%, die:

10 % pm, 10% pt. 6.%.pm.

2117% out 92% dia

51

n

· 10

Canton soins Bar Bilvor in Hongkong Chinese Copper Cash Obiners Copper Coats... Rate of Native Interest Chinese Sub. Coin Hongkong Suh. Cola.....

dis.

A Scotsman was being married. The moment the ceremony wa over, he said, "I must rusli off now !!

4

TUE

THE ELEVENTH HOUR.”

WORLD THEATRE⠀

ATTRACTION.N

A bewitching, exponent of rhythm e Shirley Mason when she stops- out in the early scones in "The Eleventh Hour, which is showing at the World Theatre to-day.

In a diaphanous costame of deli- cato, clinging frailness, trimmed with white fox and a headpiece to match, Shirley, in this feature, cometed through the air reposing gracefully in the hollow of a half-| moon. She steps lightly to the ground, and amid the plaudits of the sebmbled guests, drifts with rhythmical charm into a solo dance. Shirley is ideally built for a dancer. Five feet three of beautiful slimness, with the natural grace of a dear, she interprets music in terms of tarpsichore with captivating vividness.

67

VISITORS AT HÖTELS.

HONGKONG HOTEL.

May 14,

Mr H. & Anderlootidias V. Haurland [Mr G I. Andrea Me and Mrs A W

Mr M. Axelrood

Mr F. W. Bir001

Mr N. Bonlo

Mr. J Back

Bora

Me V. E. Ja san-

Mr A. K, Jensan

Me R. A Beaumon. Mr 1. H. Jobustɔ00

Mr.J. R. Jone

Mr. V. Benjamin Mr J. E. Joseph. Mrs E. E selios Mr. & Mrs.

Lauritzon Cipt. Bentley

MAY 19.

THE BANK OF EAST ASIA

LIMITRON

HEAD OFFICET HONGKONG.

"Anthorised Capitals // WB10/000;000 -Paid-up Capital tv 25,000,000 Reserve Fund. 1,000,000

DIRECTORS

I

Hon, Mr. Chew Shou Son-Chairman Fung Ping Shan Mok Ching Kong Li Koon Chan Wong Yun Tong P. K. Kwok

Buyah Tai Ng Ching Luk Kan Ying Po Fong Wai Ting Chan Ching Shok. Every description" of Banking, andi. Exchange business transacted. "Lowe granted on approved securities.

· SAFE' DEPOSIT BOXES to let.

KAN TONGPO,

Chief Manager. Hongkong, 16th February, 1928.

NEDERLANDSCHE HANDEL MAATSCHAPPIJ.

(NETHERLANDS TRADING SOCIETY.)

KETANJEHED 1824. ' Howurono NaNON BELLULITER): 1958

17

uthorized" aps(ka) 27, 150,000,000-£11⁄2 500,000 Paid-up Cap. 80,000,000 £ 6 666,579. Kaanevi Fain .-G. 30,045,032 6 1 670,419. Special Reservos..., 22,660,000 £1,986,330

HEAD OFFICE—Amatordam EASTERN HEAD OFFICE :--) marin.

BRANCHES Bendjarmasin Banticong Colonita Djokjakarta:

:

Esta-Radija

Padang

C

Pank Botterdam Singapor

Mr R. J. Birboek Mr H Lede Mrnd MMJ LA Ank Black ura "Mr. Liuxhurd

•Me F., Burg JJO Miss Litlio

Me and Mrs Lia y Me Betty Burbo - Mr. D Cappleman Mr G. N. de Man

0.ok

Mis Dorothy Met- dorey cal

M^ M. Morskai Me W. Fottin MJH Mo'tzer

Orawford Mr B. Washe

"My dear boy," said his father,, -1. "what on earth are you thinking Mre

Ford Pirrie is believed to have had a premonition of death; for hisabons?". will was made before setting out on

Mr F

M

"I must go, father. I've just Mr in which was fated to be his wmembered I left the safe open.." M-10awford Mr. C. E. Montague

"Well, well," replied his father, Mru 4. 1. Davis. Kr 7 Marien hust. The smallness of his estate---

MTW Mou £322,029-has caused great sur-there's nothing to worry about. Mr. D. Dickie prie, for it was generally named All your friends are here, aren't, Mr. C. W. O. Van Mis. IRB Mos that he was a millionaire."

they par

LOCAL SHARE MARKET.

OFFICIAL

QUOTATIONS:

MAY,

Namca

Hank

10:30. A.M

denek zabange

R.S.B.C. T.T. on selling rate

Loudon

**

75.12

and on Shangbal Hongkong Banks 12 0 b London-214b Chartered Ba

Mercantile Bank A B £79-1/2. b.

do.

€18-1/8

25

*

97

yon

P.&O. Bank. Exat Aria Bank Marine Insurances. Canton Insuranos... China Undma North China Insurvace

dion Insurance Yantra Insurance

rirs Insurances

China Fire Insurance ... Roogkoag Fire Tasurance. hipplag

Dongleses...

1.35 b.

TI D

MAY 19 Sharabroker" • "Boslation. Bank,

9/91

73-1/2

b 1300, as 1980

Ei 211-14 b. "&" 239)

"O" £13)

3-3,30 a 2.40

b 203 15205

Dorsaer

Missi), Ko les

Mr S. Y. Bure

MI and M

Fell

E.

Mr R Nicholson'

Mr H. O Farrell

Mrs Olliver

Mr J.E Ollerton

MJ, W. Fecken Mr. H. Omley Mr and Mrs &B, A. Mr E. Om ox

Mr nad Mr. J.

Parson

Foog

Mrand Mri George

H. Franca

Gain

Mr W, E. Po okard

Mraad Mrs PD:G.Mr R. H. Popo

Miss A. L-Grinta

Dr. D. B. dawier

Mr B.

Paaner" Mr Alex Ro

Mr. & Mrs. J. Gould Mr. A. H. Howe

Mr Joseph Satook? Me and Mrs. A. Ĺ

Bavare

M: A. O, Gise

Mr I. T Goldsmith Ar A. H. Gordon Mr and Mrs Groove Mr E T. Hale Mr and Mrs W.

Hannibal

Hr. A. F. Henry Capt. T. F. Hail

& Me Schofield Mr. & Mrs. A. D. Slar & bofont.

A. Capt. I Biqutland

Mr and Mrs Olay

Smith

Dr. E. F. BEMNES,

Mas A. & F. Mr K. Soto

Mra E. Sparke

Hamilton

Mr. G. A. Harriman Mr H. P. Sure y MrA. E. Hayou Hr C. Sutoriro Mr H. J., Herbsoh-Mr ↑ C. "odd

lob

Mr H. E Vander

Werken

Mrs. Keshi

Mr. C. Holmes Mr and Mrs G

Tere!

Cheridan

The Hague.

Hous

Palembang -Pontianak

Samarang

Boeratik

Testhe

Bam I-Jember Kave

MOCR Pecator gan.. Kangoo

Shanghai

Saman (Bolo)

Weltevreden

LONDON BANKERS!— " National Provincial Bank, Ltd. Correspondents all over the world. BANKING BUSINESS OF EVERY DESCRIPTION..

M. J. HERBSCHLEB,.

Agent

Hongkong, November 4, 1924. -

的公理營業實法中

SOCIETE FRANCAISE DE GERANCE

DE LA BANQUE INDUSTRIELLE DE CHINE. ETABLISSEMENT FRANOG

UHINOIS.

(Incorporated in France),

6, Chater Road, Victoria, Hongkong. HEAD OFFICE: 74, Rug, St. Lazare, Paris,

Subscribed Capital fully

paid-up.... Reserve Fund

.Fra. 10,000,000 Frs. 10,790,000

Working fund provided by THE BANQUE INDUSTRIELLE DE CHINE. Fr. 50,000,000.

Paris:

BANKERS:

Sociate Generale,

Nationale de Credit. Paris et des Pays-Bas.. London: Midland Bank, Ltd.

Banque

Banque de

New York: Irving Bank Columbia Trust

Co.

Every description of Banking and. Exchange Business transacted. Corre--

Mr and Mr. B. W. Womener & obild.spondents throughout the world.

Hourland

REPULSE BAY HOTEL,

b. En

∙n, 100

b. 745

D 14+

1:200 b 30% sa

SU DI

b. 45

210.

b. 20

670 b

b. $70

564

B+

58

38.

8. 4.83

38 n.

18

190

15

Azh

B

13, b 81-3

b 82 81-92]}

Water boata

Oriental Nay, Co Refineries

17-1/4 a 256 n

n 174

n 155

b sa 60-1/3

Mr S. Bart

H.R. SteambORTE ***

Hongkong Tugs and Lighter 41. Indo-Chinas (Prat.)

40. (:

(Det.)

do. (9.5. Reg.).

Sball Transports Rtar Ferries

Chips Sugar.... Maisbon Bugar

Mining

Bengusts Kailan Mining Adm Langkat

74 Loans ***

Explorations... T

Single Langista

Rauba

Tronoh Mines

Ural Casp.

D. 81

May 17.

Mr & Mrs AW.Ventrand Mrs Hioke

Adel & third- · My and Mr B. J. Dr W. F. Attenburg Lacon

Mr and Mrs LEAM & Um B. Lond

Curlepon

Mr Corley

Mr. W. W. Meek"

Mr and Mrs J, N.

Mr. and Mrs L. 8. Parker

Elis

Mr & Mrs T. Schryva Mr & MreÀ ̧D Qu-MP W. G. Simpos loway & daughter Mr. & Mrs W. c.

Vander.Atoon Mr & Mrs Towaned

Mre Godeon

Mr and Mrs Cheats:Ga oral Law Chan

Was Haworth

Mr and Mrs M TM & Mà West- Her.lachield ch id worth

PRAK HOTEL.

May 15,

Dr J. W. Anderson Mias G. Kennedy

57/3 n

#67%

Comh. Tis-1 b

b. 26

TIP b.

B- Di

Mr 8. A. Arthur Mr M. F. Kay

195 b 118) #116-117-100 sa- Inst To u

195.

à 117-1/2 a 117

Miss. E. R. Baly

Dr H Baloan

Mr J. A. Barton

Ti2$ɛn

b. 124

10.6

Tooks, Wharves, Godewas, do,

B.K.

Wharfa

H. & W. Dock

Shangtani Ronakeway

Now Engineering

'hal Dock

404.

Bongkong Amusement

H. K. Engineerings

Sands Hotels & Bulidings,

** Shal Hotals 18 b. 16.10 ss Now- Hongkong Lands B.& Bally

Humphreys Kebates

Kowloon Landa

Princes Building FL.K. Territorials... Baral Landen, Catton Milla.

A

-! ·

1615.10.

sib

b Di en 234-91

·30-1/3 n.

B201

1. 180 B3-1M

10 n.

Kwo Cotton Mila; Lbd. ́... TUJ & &jæ Kang Yiks Lan Kang Morse Oriental.

Shanghal Cotton

Tangissepool

·

M. FITZ-HENRY.

Manager Hongkong, 13th February, 1925.

THE BANK OF TAIWAN, LTD. (Talwan Ginko.).

Incorporated by Special Imperial Charter, 1899,

Capital Subscribed

Capital (Paid-up) Reserve Fund

Yen 60,000,000

Yon. 52,500,000

Ten 12,980,000

HEAD OFFICE: TAIPEI, FORMOSA,

BRANCHES:

Yokohama,

JAPAN Tokyo,

Osaka, Moji.

Kobe,

FORMOSA-Giran, Kagi, Karenko, Keelung, Makung, Nanto, Finen, Shinchiku, Taicku, Tainan, Takow,...) Tamaui, Tohyon, Akc.

CHINA-Shanghai, Hankow, Kiukiang,

Amoy, Foochów, Swatow, Canton

Mr & Mrs F. Austin Mrs L. E. *ll*ce

Mr and Mrs E BOTHERS Bangkok, Hongkong, Sings

Mr. and Mrs 8. H.

Mr and Mrs T. G. Langston

Bennett

He E. Carson

Mr and Mrs P. W. Mr and Mrs G. D.

Levi

Blackwell

Mr W.Я Bourne

Min Leyn

Mr M. J. Breen | Major Au B. Little- Miss P. W. Brown Johns

Mr and Mrs B. L. Mr. L M 8 Lloyd

Bridger

Mr J. D Lloyd,

Mr B. D. Carothers Me; and · Men - W

Capt. de Mr J. O

Carpenter

Mr Clark

Mr BB. Cleland.

Logan

Mirs J. MoAluch

Mr. P. Mallar

Mr J. W. Millor

N14 M.Osoper | Mr H. A. Mi]B

Mrs 1 H, Cormack, Mr E 'E..: Mimmack

Mr and Mr W. A Mr. and Mrs. J

Cornell von S Krech-Moe

Mr and Mrs J. D. Capt. B. A. F. Mon-

Danbywill

'3.80

7 m/s 2 81°

14 Col. R. A. Dob- Mist

bin

O.L

More

(n. 19-1/2: Now x. 0

P. Malion takes the place of his isolla Now..

former chief. Mr. B. G. Catterns, deputy principal of the discount once, becomes deputy chief cashier, and Mr. L. Lefeaux goes to the dis count office in his stead. It may be recalled that the election of Sir Gordon Nairne represented the first time an official of the Bank hud been raised to the Board..

My

NO DIVIDEND.

DIMINISHING PROFITS FOR DOVICKERS, LTD.?!

The report of the Ayer Hitam Planting Syndicate for the season ended March 31 last states that the profit and loss account shows, after writing of depreciation, a profit of $59,149.70, Tadded to £20,679,000 62 which the $73.51007 brought the great firm

Profit

Commenter Dombinad 3031-1/2 1 China Lights (Old) ***

de (New) *`n Comb 33 b China Providenta 16 s., Dow 1.E. Developments » Providente Coalbined

* Dairy Farmsam se sady se

H.K. Election

Mondo

Hongkong and. Onhan "Ione Bangkoor Bopa.

hopes Coda

Foak Tra

Mrs N. Doald Murdock

Mr and Mrs. H. X. Miss, 3 Mastlook.

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роге, Soerabuya, Samarang, Batavia, Bombay, London, New York.

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

The Bank has Correspondenta la tha Opinnorok Canares in the Bacopan Qoatia Byca, Man gaurus Taumiao, Japan, Indo-China, Siasa, India, Philippiam Andando, Java, and. Duton lodias, Aurt....` ralia, Amano, Atilia, ko,

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Deposito A Incow which will be gasted ow’applicat

Z. YAMAMOTO, Manager.

HONGKONG BRANCH:"

8, Des Vœux Road Central. Hongkong, 5th June, 1924.

THE BANK OF CHINA

(Epecially Authorised by Presidential Mandats of the Republic of China on the 22nd of November, 1917). Authorised Capital, ... $60,000,000.00 Paid-up Capital Reserve Fund

$18,278,600.00 $9,629,425.25

OFFICE: PEKING.

HONGKONG BRANCH:

4, QUEEN'S ROAD CENTRAL Brauches and Sub-branches all over China and Correspondents in Europe, America, and other parts of the work London Bankers The National Provi

dial and Union Bank of England, Ltd.. The Guaranty Trust Company of New

York

New York Bankers÷

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