Page
HONGKONG & SHANGHAI
BANKING CORPORATION.
HEAD OFFICE: HONGKONG, AUTHORISED CAPITAL............. $50,000,000 LONDEO AND FULLY PAID UP $20,000,000 RESERVE FUNDS A
STERLING... £4,500,000 SILVER.... 826,500,000
#RESIVE, LIAFILITY OF 1:
PROPRIETORS...idiane)
་ན་
..
$20,000,000
LONDON BANKEES. Westminster Bank, L Ltd.
CURRENT ACCOUNTS opened in LOCAL CURRENCY and FIXED DEPOSITS recofved for one year or horter perioda in Local Currency and Sterling on terms which will be quoted
application. Hongkong, May 20, 1325.
www.
COMMERCE
RESEARCH RESULTS.
IMPROVING THE SUPPLY OF
RAW MATERIAL.
AND FINANCE.
THE RUBBER POSITION.
SOME UNCOMFORTABLE ASPECTS,
THE CHINA MAIL:
the strong
vlous year The total funds were Increased by £936,292 to a total of: £16,577,663, and total assets amounted to £16,758,026, The market value of securities | was £328,259 in excess of the book value.
SCHEME FOR SUBSIDISING EMPLOYMENT.
the unem-
1. LUMBER.
QUALITY SAID TO BE OUJECTIONABLE,
WEDNESDAY, JUNE 10, 1925.
PHILIPPINE CIGARS.
INTRODUCTION TO CHINESE
**MARKETS.
"The lumber industry in the Philippine Islands is threatened by
Because of the lack of sufficient numerous complaints received by local dealers from buyers of funds, the plan to introduce Philip Philippine wood in foreign coun-pine cigars into Chinese markets. tries. For the last few months, will have to wait until the Philip the quality of Philippine lumber had pipe Tobacco Manufacturer's been considerably reduced by the Association finds a way to raise destructive insects which attack the money useded. the wood prepared for shipment The opening of Chinese markets THE DOLE.
abroad.
to Philippine cigars will not only The precarious state of Philippine widen the field for Philippine Sir Alfred Mond's scheme for wool may be attributed to the lack tobacco exports, but to some of sufficient inspection, it is said measure will stop the manufacture Because of the absence of enough of imitated Manila cigars in China. personnel, the forest bureau cannot It is said that some Chinese manu- assign inspectors to examine every facturers are maklug cigars and picco of lumber shipped to other selling them with Philippina countries. In many instances, there brands. are lumber shipments which were The quality of Chinese-smokeo over inspected at all, it was branded as Philippine cigars is se poor that it discredits the local dcclared.
Tho situation explains the de product, it is stated. cline in the popularity of Philip- pinewood in
countries. some Australian lumber manufacturers recently returned a consignment of Tumbor to Marila because the quality is so poor that it cannot be sold in the market,
Director Fischer of the burcat of forestry declared that unless the government set Raide
an increase
in the appropriation for the services of more lumber inspectors little or nothing would be accomplished to improve the lumber production.
EXCHANGE
Hongkong, 10th June 192. On London-
Bank Wire...
49
3/3-1 ***/35/10
On demand 30 day's aight.. 4 months night 2/3 Credits: 4 months' night...3/4- Doqumentary, 4 months night On Paris-
On demand...
Credits, 4 monthy sight
On demand...
On Now York
On demand
The Belfast Hoon trade is ex- It may confidently be expected perlencing severe depression, but that, for the quarter beginning on the results achieved by the Linen May 1, the amount of rubber Research Association are regarded exportable from the East Indies. COURT OF DIRECTORS:
as so hopeful that it has been under the Stevenson Scheme will G. M. Young, Esq.-Chaltman decided to prolong the society's be raised to 65 per cent of the ELF. White, Esq-Deputy Chairman five years probationary perled for standard output, the increase of 10 WH. Bell, Esq Hon. Mr. A. O. Fang.another five years. It has been per cent being the maximum that DG.M. Tersard, Esq. W. Partendon, Req
recommended by the Committee can be made in any quarter. Mean- (Eq H. Compton Eod. A. Flummer, Hon. Mr. P.H. Holyoak T. G..Weall, Esq. of Inspection that an upkeep of while the rubber situation has the utilisation of
£15,000 per year will henceforth one or two uncomfortable aspects,ployment beneft to provide CHIEF MANAGER:
be necessary and the Scientific Stocks in London have declined work for the unemployed, which A. IL BARLOW; Edq...', and Industrial Research Depart continuously for some months," Manager: Shanghai-G. E. STITT, Esq. ment will make a grant till 1929 and it is doubtful whether even he advanced in the House of of £21,000, the Northern Ireland now the price of rubber, which Commons and has amplified in a Government will donate £10,000, has certainly increased steadily pamphlet shortly to be issued, is
the current quarter, leaving £35,000 to be subscribed during
not in principle a novel one. by the Irish, Scotch, and English adequately reflects
manufacturing concerns statistical position of the com- Indeed, as recently as a month ago Ifned
modity: this can peraaps be attri Mr. P. E. Haldim, presiding at the forming the Association.
A plentiful and cheap supply of buted in part to the hand-to-mouth annual meeting of the Court Line, raw material is essential to every buying policy adopted by industry, and in its development American consumers. It is certain, Limited, made a somewhat similar of the "J.WS," pedigree flax seed, however, that consumption has suggestion, Mr-
Mr Haldin attributed which promises a 200 por cent increased and is increasing, and the general shipping depression to greater and better spinning fibre there is now a strong demand for the two main factors of coal product, the Linen Research spot" and "neer" rubber. In and dole, and suggested that a HONGKONG SAVINGS BANK. Association has probably fulfilled some quarters there are fears that temporary remedy for the worsen
its greatest achievement. From a
a shortage will develop within a ing state of unemployment in the W basiucas of the above Bank in single pickle of this seed, evolved fehene nho, but the restriction collieries might be found if all the condused by the HONGKONG by minute selection and breeding, scheme is not so rigid as to pre- unemployed were re-engaged on AND SHANGHAI BANKING COR De. Je Vargas Eyre, Director of clude adjustment in face of such full wages and the Government
The Philippine lumber prices bad PORATION. Rules may be obtained Research at the Linen Institute, a contingency "If fears of a instead of paying the men, the
become acute, has been able to report a bulk now scarcity
prices "dole" an application.
were to pay it to the been considerably high in the last such an extent colliery proprietors to put against few years. The revenue entering INTEREST on deposita is caloalated available of 20 tons, Continental will rise to on the lowest balance during each com linen activity now tends to make that it will be profitable for their wages bill. The coal would the government from the sale of Sleted Calendar Month at 3 per cent. hopes of future foreign flax sup- producers to pay the extra tax then be available at a cheaper price, wood could be doubled if the yield der aanam. Should there be no balanceplies both costly and precarious levied on exports above the pre- would sell, and so would help is only improved. If seems, how-On In any day in a month no interest will Simultaneously the acreage under vailing quota, though necessarily to bring down industrial costs ever, said one dealer, that there will flax in Northern Ireland has it would take some time for these generally, while the dole money be a slump in the lumber market if dwindled during the last 30 or 40 increased supplies to be forth would earn a profit on which taxa the yield should remain unimproved. years from 200,000 acres to 40,000. coming. With the price of rubber tion would be paid. Critics, he Another important factor which Hoppily the work carried on at the at its present level, however, and said, would murmur "subsidy," must be considered, it is pointed Research Institute, near Belfast, with the prospects of a good de- but were not the Government about out, is the safeguarding of the gives every hope that flax growing mand; it would appear that the to subsidise the beet sugar in-prestige the Philippine wood has in will in future be more remunerative time is propitions for condustry? And was not a similar most foreign markets. In China to the home farmer, and this is sidering the abandonment of the suggestion adopted for a time as Japan, and in the United States, imperative if cultivation is to be scheme, now that it has served far back as after the Napoleonic the reputation of Philippine wood is maintained at an adequate level. its purpose. Probably the exist wars?!!
high.... An important item in the Ligen ence of the scheme has induced Research programme is the dis- a cautious attitude in the minds of covery of improved methods or investors, so that the shares of new processes to replace retting rubber plantations have not hiene- which, with the drying and scutch-fited as much as might have been ing processes, now costs more expected from the state of the It appears than the actual growing of the commodity market. crop,--and so reduce the cost and that the restriction of exports has give casier handling. When this increased not only the overhead ideal is achieved, linen at its expenses of the plantations but reduced price will be a decidedly also the working costs per pound, and, in consequence, the financial condition of most of the companies has not improved very greatly. This perhaps may account for the disappointing condition of the market for rubber shares at the present time.
be allowed for that month.
Depositors may transfer at their ption Balance of $100 or more to the HONGKONG & SHANGHAI BANK be placed on FIXED DEPOSIT at CURRENT RATES.
For the HongoNG & BITANGRAT BANKING CORPORATION, A. H. BARLOW,
Chlot Manager, Hongkong 7th January, 1925, --
HE CHARTERED BANK OF NDIA, AUSTRALIA & CHINA,
INCORPORATED BY ROYAL
CHARTER, 1853.
HEAD OFFICE: LONDON,
..28,000,000 .£4,000,000
1£3,000,000
Paid-up Capital Reserve Fund Beserve Liability of Pro-
prietora
FOREIGN EXCHANGE and General
business transacted. CURRENT ACCOUNTS opened and XED DEPOSITS received for 1 year shorter perfod at rates which will be oted on application.
A. H. FERGUSON, Manager. Hongkong, April 15, 1925,
"HEAD OFFICE;"
96, Boulevard Haussman, Paris, scribed Capital .. Frs. 72,000,000.00 d-Up Capital ....Frs. 68,400,000.00 serve Fund ....... Frs. 60,007,288.54
gkok
Szabang.
BRANCHES: Hongkong Meigte Roamts Papoole
outl hong kow
Pazing
Paom-Pont Pondicherry BANKEES:
keener rival of cotton.
FRASER'S WEEKLY REPORT.
INSURANCE NOTES.
LEG L AND GENERAL.
LOCAL SHARE MARKET.
HA,B,C TT. on selling rate
London
QUOTATIONS),
and on Shanghai Henglong, Banke 1230 a London-£140 n Chartered Bank
£10-3/8 n. Morcqatile Bank AB E-1/2 b.. do. 0 £19:178 ""
OFFICIAL
JUNE 10. Names
10:30 A.E
Stock Exchor ge
JNE 10 Sharebrokage tochatic m
Bask
B.
9/91
1.31 73)
***
b. £21-1/2
. "
£ aj
h. et A
#. 101
h, 720
1 41 80.4.30
༞ ་་
180 ss 201
b. to
191
b+70
P. & C. Dudka Bat Asin Bask
Marine Insurancen
Canton Insurance....^)
China Wadies
North Obiu Iasarisce.
Yangtzo Insurance
܂ܢ Voiou lusurtaro
Fire Insurances
China Fire Insorize
07). D
107 n
4. b. 4 3
T140 B..
281 b.
47 b.
210 b
Bongkang Fire Tasprance. 670 b shipping
Donglores...
A
A.K. Stonnibonts...
do. (Dof)
2
la, (B.E. Rog.)
Shell Transports...
Star Forried
Water-boste
12
*
Orientul Nav. Co.
Singapore, May 20-Rubber has once again advanced considerably in price during the past week touching 28. IId. at its highest and closing at 28. get, Stocks in London are heavily down' and there ap pears to be a distinct shortage for near positions. As is only to be expected there has been great activity In the share market and Althrugh the past year was an ANQUE DE L'INDO-CHINE. rubber shares have been dealt in uneventful ore for the Legal and freely at advancing prices. Tin General Assurance Society, yet it on the other hand has remained marked a real and solid step in steady throughout the week and the progress of the affairs of this the share section has naturally very efficiently controlled office. felt the effect of the excitement in In the Life department the num- the rubber market. Prices, how-ber of policies issued during the ever, have been well maintained twelve months was 5,308, compar Balgon
and a fair business has passeded with 5.14 in Changha
the previous Hingapore round current quotations. Indus- period, and the gross sums assured Tiemtain
trials remain firm and there is a were thus brought Tourado
up from Yupuanfa good enquiry for all issues of Loan | £2,135.868 to £3.506.717, and new
Mining. Sterling quotations premiums from £157.177 have varied throughout the week, £201,362. Deferred annuities business passing in Chenderiangs were granted for £35.137 at 236., Idris at 32s. 325. 34., annum.
per in Thabawleik 345. 6d. Takuapas £30,985 per annum for 1023. After Ranguote
contrast with
offer at 26s. 6d. and Kuala deducting the amount of business Lumpur Tins at 245. gd, placed with re-insurance offices, while Renongs have buyers at the total sum assured amounted 58s, Hitam Tins are enquired for to £3,087,317, compared with at 1.622. Uln Fiabs 1.80 and Teluk | £2,941.868 while new premiums Kruins 1.25. There have heen totalled £189.863, compared with considerable dealings in Kinta £150.056. Although the total of Tin Dredges round 1.12 while net assurances is not à record, it Kuchais have come to business in compares very favourably with both Ordinary and Preference that of 1919, which was the boom share at 1.45 and I 50 respectively. year, while as regards the gross Menglembus are wanted at 1.04 figures, they constituted a record, and Johans offer at 40, Nawag Pets with the exception of 1909.
The 1.67%
Taiping Group secondary importance, but last continues neglected with sellers of year new premiums of £10,801 Souths at 57. Norths 80 and were secured, compared with Taipings 1172 Petalings have | £11,450 in 1923 Thus, combining buyers at 1.67 cum. rights and the results of the two branches, the Linguis 6.85 while Mambaus have total number of policies issued made 1.15.
FRANCE: Comptoir National d'Escompte aring Credit Cronusit; Banque de Pari et -Bas; Credit Industrial et Commercial to Canamals,
LONDON: The National Provincial
Bank of England, Lad.; "Comptoi and'Eiosmete de Paris; Credit Lyonnais NEW YORK: J. P. Morgan & Co. h American Banking Corporation; nty Trust Co. of New York,
جی
root allowed on Curren Accounts and Deposits socording to arrangement. y decoription of Banking wid Exchang Kia transacted.
A. LECOT
Manager. ngkang, March 20, 1924.
E YOKOHAMA SPECIE
BANK, LTD.
Established 1880.
ve Fund
at (full paid-up).. Yer 100,000,000 Yen 80,500,000
Head Office:-YOKOHAMA,
Branches and Agencies at:
Ayres.
#
Newchwang. New York. Osaka.
Poking.
Nangoon.
Rio de Janeiro. Dalny),
(Mukden). Saigon.
San Francisco.
nghai.
Shimonoseki.
Tainanta
Lintock.”
at allowed on Current sits received for fixed periods be obtained on application."
QARIMA,
Marnger,
ong, 11th March, 1925:
VELLERT
(per & Wadding Bing
Tronoh Mines
***
540
Crodite, 60 day nghe
On Bombay-
Wire
On demand... Jalgutta- Wire
On demande, On Singapore- On demand On Manila-
On demand... Os Shangbal
On demand.
On Yokohama
num,
• 151
2 days' eight (private paper).
151
DOM.
Gold Leaf, 100 fino (por tael)
On demandin
134
47.2) Sovereigns (Bank's buying rato) 867 Silver (per oz.).
31.0/ 8
SUBSIDIARY COING.. Hongkong 50 cezite sub.
10
Canton cotus Bar Silver to Hongkong Obinase Copper Cash Chinese Copper Cente Wate of Native Incorous Chinose Bab. Coin flook.oug dub; Uoin. .....!
die.
1.%, dis.
4.2 dia. 331.60% dia. 9pm. 10% pm.
6% 10.
1% ont- .83% die.
THE MERCANTILE BANK OF
'INDIA, LTD.
'HEAD' OFTUE:
14, Grasschurch Street, London, E, Q.3.
Authorised Capital
Subscribed Capital
Paid-up Capital'
Reserva Fund
ME DANKEUS:
THE BANK OF EAST ASIA
-LIMITED.
HEAD OFFICE: HONGKONG }
Authorised Capital.
Paid-up Capital
Reserve Fund
6.000,00 1,000,000
S DIRECTORS:/ Hon. Mr Chow Shou Son Chairm
Fung Pine Shan Mok Ching Kons Li Koon Chun : Wong Yun Tonks P. K. Kwok Huyub Tal M
Ng Ching Lul Kan Ying Po Zong Wal Ting Chan Ching Shel Every description of Banking í nátt Exchange business transacted. Lomen granted on approved securities.
SAFE DEPOSIT BOXES 'to Isl
MAMMACHAN TONG PO Chief Manage Hongkong, 16th February, 1926,
NEDERLANDSCHE HANDEL MAATSCHAPPIJ.
(NETHERLANDS TRADING SOCIETY.)
་་་། RONGKONG EMAtom Eeraskanzen 1908,
Authorized fapital d. 186,000,000, 418 800,000 Pald-Up Capital...G. 80,000,000 66,666,670 Reserve Fund, 20,045,01% \3*1070,11 Special Retarre...G, 22,860,000 4. 1,288, 200 FRAD OFFICE --Amsterdam EASTERN HEAD OFFICE :-Famrin.
BRANCHES-
Bandermaain Bandoeng. Dalcatta Djokakla
Koto Hadifa
Padang
Pering
Botterdam
Eingapore
Tegal
Bombay
Oberban +Djember The Hague Kobe
Me Car Median
Palombang Pecalor gan
Pontianak
Sarastang
Rangobis
Shanghal
Boersbain Boerakarta (Solo)
Tiilafay
Weltevreden
LONDON BANKERS:--: National Provincial Bank, Ltd. Correspondants all over the world. BANKING BUSINESS OF EVDEN. DESCRIPTION",
M. J. HERBSCHLEI
Agent. Hongkong, November 4, 1924.
DZUFRIET
SOCIETE FRANCAISE DE
A GERANCE
DE LA BANQUE INDUSTRIELTJE DR OHINE. ETABLISSEMENT FRANCO
DAN CHINOID. (Incorporated in France).
5, Chater Road, Victoria, Hongkong,
HEAD OFFICE: 74, Rue St. Lazaný, Paris.
Subscribed Capital fully
paid-up Reserve Fund
Frs. 10,000.0 Fra. 10,790,
Working fund provided by THE BANQUE INDUSTRIELLI DE CHINE.
£8,000,000
1,800,000
`1,050,000
Paris:
1,300,000
The Bank of England & Midland Bank, Ltd.
IBANCRES
Kunis Lerspor Rasgcon Madras
Bangkok Galla
BALATIA
Hongkong bumbag Моята Calostia Handy Colomb Karad
Dolh Kota Buzza
Bhanga
New York Finla
PODADE
Singapore
Porg Lonia (DiAUTIŠČU)
DONGKONG BEANCE,
Boarabaya
Every description of Banking and Bachange bus qem transacted.
INTEREST allowed on Current Accounts ? pos
cent per aroum on Daily Balance and on Fixed De
Frs.: 50,000,000.
BANKERS:
Seciate
Generale,
Ban
Nationale de Credit. Banque Paris et des Pays-Bas... London: Midland Bank, Ltd. New York: Irving Bank Columbia Tr
Co
Every description of Banking aga Exchange Business transacted.: Commo spondents throughout the world. **
M. FITZ-HENRY,
Manager Hongkong, 13th February, 1926.
posita at rates that way bs arcertalend en oppiication THE BANK OF TAIWAN, LTD.
Asting Marages--
THE BANK OF CHINA 行銀國中
(Specially Authorised by Presidential
Mandate of the Republic of China on the 22nd of November, 1917).
Authorised Capital $60,000,000,00 Paid-up Capital
$18,278,600.00 Reserve Fand ̧..
$ 9,629,425.04 HEAD OFFICE: PEKING."
HONGKONG BRANCH:
54 6.
385
Rongkong Tops and Lighter
(47 0.
J. B. ROSA,
Indo-Obioas (Prof.)
38 n.
D.
し
7 Queen Roi Central,
·90 0.
Bongtong, January 22, 1925
91.
. 194
841 h
1. FB
813 a 17-1/4 c
B 82
n
250 a.
355
to
"ofinories
Thins Rugar
FR.
Malabon Sugar Wining
bi 6
# 511
9.40 n
Kailan Mining Adm Langkat.
J
Shanghai Loan... S'hai Explorations... T 6 n. Singlo Langkate Ranba
1 Comb. T:6-12 n
T 7 n.
b. 28
TI: 85 a
n
B4 b
B. n
101 b
孵
b 190-1/2
104.
15.
114
* 800 n. TAI D
b A
130 b.
b 187
13.80 b. 14 Now-
88-29 01
b 117 .90-14
B £8
♫ 6
10-3 b
b 20
150 21 b 10.
1:0
b 2-11
T 10,10-1^} as
** *0.10.
www
T. 5.90 a.
д 4
u. 17 Yow fl ..
165, and Rahman Hydraulics The general fund is really of
Rubbers. The share market con. tinues very active in most of the better known stocks and a big volume of business has to be recorded both in Dollar and Ster ling issues with quotations slightly easier at the close in the smaller
price counters.
was 5.387; the gross sums assured were £3.725.804; the net assur ances, £3.306,404; and gross new premiums, £212,163; and net new premiums, £200,664. The Iotal net premium income in the two sections was £1,433,834, compared with £1,376,740. while expenses amounted to 14.24 per cent. of the Industrials. On a firm market,
net premium income, which compares with 1451 per Straits. Traders have buyers at
cent. 27.25 with sellers at 2750 while twelve months ago Steamships can be placed at 298. Life branch were somewhat higher, As regards claims, those in the Fraser and Neaves made 52 while the figure of £822,376, compar Robinsons are enquired for at 22.50ing with £711,175. Death claims and Hammers 187.50. Eastern Smelters are firmer with business At the same time this must be absorbed £551,891 ngainst £446,022, up to 10.25 with shares offering regarded as quite favourable, since slightly lower at the close,
the total claims only amounted to Uniteers are enquired for at 7.7071 2 per cent. of expectation and and Wearnes at 8.55. Shells are the number of deaths 61.2 per atquoted 876. Middle.
Dividends.-Changkat Serdang premium income from the fire cent. of expectation. The net 5 per cent Interim a/c year ending and accident business amounted to 311 1926 payable 15.6.1925. May £209.700, being an increase of field Rubber 10 per cent Intorim a/c year ending 31.12. 1925 payable £9.776, attributable to £2,588 In the fire fund and £7,388 in the accident 305.1925 Lunas 5 per cent Interim afc year ending 31.5 1925 fund, which may be regarded as payable oth June, 1925.
100 Tabber: Tom sold Price May 142 01 £245, 5.0 TBD $122.60 16 3170 240 0.0 100 122.07 10 28 214 240 0.0 150 122.28
18 20 8 du 25 RO
103
satisfactory
The result of operations was that the total premium income from all the departments was 51,643,624, Compared with £1,576,7547 and the | total net annual ravennaEDERAJYA
Ural Casp..
Dooks. Wharves, Godowns, &c.
8. & R. Wharf's .. R. & W. Book ..
Shanghal Rongkewe New Engineering..... S'hai Dock
H. K. Engineeringe
Laude, Hotels & Building
H..&S'hai Hotels Hongkong Lande .. H.K. Realty Humphreys Estatos Kowloon Lands Princon Building H.K. Territorial... Rural Lands... Catton Mills.
TH
Kwo Cotton Mills, Ltd. Kang Yiku Laoa Kung Mows... Orientals Shanghat Cotton - Yangtazopoos... Miscellaneous.
Canton Icos Coment Coments "Combined China Lights (Y
*
T 57.a Now TM
F-1/2 b.
I n. New 90.
278 b. 171 us
**
82 172.
do (New) 10 b Comb 3 h 32-12] on Ahlus Providents 16 New 14 n.. Chins Providente Combined 47 a H.K. Dave'opmenta: 4 n. 80 Contr Dairy Farming kam
201 The H.I. Electrics
M
709
if th 10 b
du
Amusementa Hongkong and Quater feas Hongkong Rope... 18. Now 10.30.
Hopes Comblund........ Hongkong Tramway Pask Tramways (Old)
Do. (Now). Watson's*** Wm. Powelly Lane Crawfords -- H.K. Construction Nanyang Tobacco Bincorbo.. Mackintosh B.K. Tarls China Baron Trama Bingapore Trama Dor - Wing tally pola
·52.8.
40 b. 331-49
an
0.81 0.
11 n. Nav.49 p. 14.
17 a
41.b.
18) n. New
Dimb h 27 271 en 871
in
New 20 a Comb '3'013:14
n 144 Now 13.n
Onmah. n 48-142 ·
b. 60 Conte
261
$77)
b 101
0.22
n 17-1 New 10 a
n 50
b40a401a 19)-40 bx.d baxd..
n 19 Now n 31
b. 17
76. BQ
30
4, QUEEN'S ROAD CENTRAL - Branches and Sub-branches all oves China and Correspondents in Europe, America, and other parts of the world. London Bankers: The National Provis
cial and Union Bank of England, Ltd. The Guaranty Trust Company of Now
York
New York Bankers: The Irving
National Bank.
The Equitable Trust Company of New
York
Interest allowed on Current Accounts and Fixed Deposits. Terma on applica tion.
(Taiwan Ginko.)
Incorporated by Special Imperial.
Charter, 1899.
Capital Subscribed
Capital (Paid-up)
Reserve Fund
Yen 80,000,033 Yen 52,
Yen 12,080
HEAD OFFICE: TAIPER, FORMOSA.
BRANCHES:
JAPAN-Tokyo, Yokohama, Kobo
Osaka
FORMOSA-Giran, Kagi, Karenke,
Keelung, Makung, Nanto, Pina Shinchiku, Taichu, Tainan, Takou Tamaul, Tohyen, Ako, CHINA Shanghai, Hankow, Amoy, OTHERS, Bangkok, Hongkong, Sings- Foochow, Swatow, Canton," Soerabaya, pore,
Samarang, Batavia, Bombay, London, New York, Calcutta.
LONDON BANKERS: London County Westminster and Parr's Bank.
The Bank has Correspondents in the Commercial Centrom in the European Coutinent, Basin, Man shuria Tangtao, Japan, Ind-China Bisat, india, Pane lande, dark, and. Dutch Indies, Aut
Amerton, £lilen, do, Interest Allowed an Garrant Accounts, and Vis Every description of Banking Buslepuallentratos which will be quoted as applien
Llop, ness transacted.
Z. YAMAMOTO, HONGKONG BRANCH:
Manager. 3. Des Voeux Road Central' Hongkong, 5th June, 1924
Loans granted on approved securities. Special facilities for Home Exchange
TSUYEE PEL
Manager.
5000000000
TWO DESIRABLE DWELLING HOUSES
For Prompt Disposal
House No. 12. Detached, Two minutes from ea, tennis court, delightful situation, goo1 bathing Excellent views of Harsou. Pice $40,000, $30,000 mortgage, easy terms available, cash necessary only $10,000
These unusually favourable torm offered as owner is going Home and dies not desire bother of collecting rent from tenants.
House No. 13 On Peak; five minutes from Peak Station Five Rooms; servants' quartera at back $15,000 for immediate disposal. Splendid situation.
Bhares any lots; we buy and sell,
SMALL IN VESTO
No comments yet.
Private notes are available after approval.