1925-09-23 — Page 2

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HONGKONG AND SHANGHAI THE BANK OF BAST ÁSIA

BANKING CORPORATION.

HEAD OFFICE: Hondazowo,

AUTHORISET CAPITAL ........... $50,000,000 LOPEND AND FULLY PAID UT $20,000,000 Ray FUNDS ---

Brentano. 64,000,000 SILTER................. 898,000,000

REVN - LIABILITY OF $20,000,000-

PROPRIETORS...]

COURT OF DIRECTORS:

G. M. Young, Esq.-Chairman,

H. P. White, Esq.-Deputy Chairman. W. EL Bell, Haq, Hon... Lang, 1. Ek, M. Bernard, Baq, W. t. Puttendees, Béq,

El Compton, q. 7. A. Plammet, You Mr.F.H. Kolycak! T. G, Weil, leg

CHIEF MANAGER:

A. H. BABLOW, Esq.

q,

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

LONDON BANKERS.

Westminster Bank, Ltd.

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

Hongkong: 20th, May 1925.

HONGKONG SAVINGS BANK

THE business of the above Bank is

conducted by the HONGKONG AND SHANGHAI BANKING COR- PORATION. Rulas may be obtained on appilotion,

INTEREST on deposits in calonlated on the lowest balance during each com pleted. Calendar Month at 3 per cent, per annum. Should there be no balance. on way day in a month no intarent will be allowed for that mouth.

Depositor may transfer at their option Balance of $100 or mors to the HONGKONG & SHANGHAI BANK to be placed on. FIXED DEPOSIT at CURRENT BATES.

For the HoxGIONG & SHANGHAI BANKING CoaPORATION,

A. E. BARLOW,

Chief Manager. Mongkong 7th January, 1925.

BANQUE DE L'INDO-CHINE.

HEAD OFFICE:

LIMITED.

HEAD OFFICE: HONGKONG, 10, Bes-Vaux Road Central, Hongkong:-

Authorized Capital .$10,000,000 Paid-up Capital

Reserve Fund..

DIRECTORS:

5,000,000 1,000,000.

Hon. Mr. Chow Shou,Son-Chairman. Fung Ping Shan Mok Ching Kong. Li Koon Chun' P. K. Kwok

Wong Yun Tong Huyuh Tai

Ng Ching Luk

Kan Ying Po

Fong Wai Ting

Chan Ching Shok-

THE CHINA MAIL.

COMMERGE AND

· INSURANCE- NOTES.

The New Act.

FINANCE

YEN'S, SAFETY,

Basic Policy to be Adopted.

Mr. Dan, "Vice-Minister of Finance, shortly, from France, the Government will summon the representatives the Bank of Japan and the Yokohama Specle" Bank Into an important confer

the basic policy to be

ence on

adopted.

The outstanding feature of

Officials of the Department of the first annual report on the Finance and of the Bank of working of the Industrial Assur- ance Act, is the bright and lucid, Japan have under serious con- manner in which it is written.sideration the adoption of some Every description of Banking and deal with matters of primary in continued depression of the yen-mi-annual accounts, will be for That is not to say that it does not counteracting policy to prevent Exchange business transactod.

Loansportance to the insurance world: granted on approved securitisa.

SAFE DEPOSIT BOXES to let

KAN TONG PO.

Chief Manugur. Hongkong, 18th February, 1925.

|

司公理管業實法中

SOCIETE FRANCAISE DE GERANCE.

DE LA BANQUE INDUSTRIELLB DE CHINE. ETABLISSEMENT FRANÇO CHINOIS. (Incorporated in France).

5, Chator Road, Victoria, Hongkong.

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

Subscribed Capital fully

paid-up Reserve Fund

Fra. 18,000,000 Frs. 10,700,000

Working fund provided by THE BANQUE INDUSTRIELLE DE CHINE. Frs. 60,000,000.

BANKERS:

Banque

Paris: Societe Generale.

Nationale de Credit, Banque de Parle et des Pays Bas. London: Midland Bank, Ltd. New York: Irving Bank Columbia Trast

Co.

Every description of Banking and Exchange Business transacted. Corte spondents throughout the world.

A. ROLLIN, Manager. Hongkong, 2nd August, 1925.

Dd, Boulevard Haussman, Paris. Subscribed Capital Fra. 72.000.000.00 THE CHARTERED BANK OF Paid-Up Capital ... Fra. 88,400,000.DO

Fri, 50,807,983.54| INDIA, AUSTRALIA & CHINA, Reserve Fund

Book

Jankom

*Floati

(siphone Empilerm

1001

BRANCHES.

Flongkang

Mengis

Noumea Papeste

Baigon Shangha

Paking

Prom-Pear Pondicherry BANKERS:

Singapore Tintin Tourne YUEDADU

O FRANCE Comptoir National d'Kecompté Parla; Credit Lyonnais; Banque de Parli ut

·* 45 Payn-Plan; Cradit Industriel at Commercia

«iete Generale.

IN LONDON: The National Provincial & Jaion Bank of England, Lad.; Comptoir Nations 'Recompia de Paris; Oredit Lyonnais IN NEW YORK: J. P. Morgan & Co. An America Banking Corporation; iranty Trust Os, of New York.

<zarowi xllowed on Current Accounts and

decal 3000rding to arrangement. Every description of Banking and, Erchange Puzimam 1ransacted

A. LECOT,

Manager. Hongkong, March 20, 1924.

NEDERLANDSCHE HANDEL MAATSCHAPPIJ.

(NETHERLANDS TRADING SOCIETY,}

PEARLININO 1831. Homox Rrazón Estantestens 1968.

Authorised Capital 3. 350,000,000 £1,500, Pald-Up Capital.... 80,000,000 6,566,878 By Fund G. 20531861 1,711,

HEAD OFFICE:-Amsterdum. EASTERN HEAD OFFICE:-Batavia. BRANCHES:- Bandarmin Badong Bombay Uberibon Djember The Hague Babe

Urinatio

Dioda Kart

Kota Badia

Padany

Penky

Botteriams Elingapore

NAMA

Palembang

Pontianak

Medan

Fecalongas

Bangocn Sammaring Bhangtai Sorabela Boarakarsa {{olo]

Weltevred Ty་3

LONDON BANKERS:- National Provincial Bank, Ltd. Correspondents all over the world. BANKING BUSINESS OF EVERY DESCRIPTION.

M. J. HERBSCHLEE. Agent Hongkong, November 4, 1924.

THE YOKOHAMA SPECIE

BANK. LTD.

Established 1880.

يه

Capital (full paid-up)...Yen 100,000,000 Beserve Fund Yen 83,600,000

Head Office:-YOKOHAMA

Branches and Agencies at:

Batavia.

Bombay.

2Buenos Ayres.

¿Calcutta.

Canton.

Chargehan

Datron (Dalny).

Newchwang.

New York

Deaica.

Peking. Rangoon Rio de Janeiro. Saigon

Seattle. Semarang, Shanghal

Jengtian (Mukden). San Francisco.

Hamburg

Hankow.

Baimono ilh

Bingapore. Soorabaya

Sydney. Tientaln.

Takyo. Telpuntu

Vladivostock wed-on Current Accourél Irschived for fixed variada

INCORPORATED BY ROYAL

CHARTER. 1853.

BRAD OFFICE LONDON.

Paid-up Capital ......£5.000,000 Reserve Pul

.......24,000,000 Reserve Liability of Pro-

prietors

£3,000,000

FOREIGN EXCHANGE and General

Banking business transacted,

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

but it also renders the questions dollar exchange rate. Ordinari- of the day readily understandable ly measures of this sort, adopted to policy holders and investors to prevent wild fluctuations of throughout the country. The Act the yen's value, are left solely to prohibits the carrying on of in- the Yokohama Specie Bank. dustrial assurance business by

Probably as an expedient mea- sure the Government will in- struct the Yokohama Specie Bank to start a selling activity on the market immediately.

With the "return to Tokyo of

The ultimate objective of the of imports and push the amount Government is to curb the amount of exports of the country.

Specie to replenish holdings in New York, which have been re- duced sharply, by payment of warded by the Government through the Yokohama Specie Bank, or otherwise the Govern ment will sell its fund to the Bank itself whose. exchange fund necessary for starting operations on the market. is depleted.

end of August amounted to Japan's specie holdings at the about Y1,484,000,000, of which Y359,000,000 is held by the Gov.

Of this

certain

oversea specie and it is now in a ernment holds the majority of the position to forward a amount of specie out of Y80,000,- 000, which is specially set aside by the Government to purchase articles in foreign lands.

any unregistered body, Hitherto The prevailing weakening ten- there has been a number of un- dency is worse than originally registered collecting societies. was anticipated. Speculation in and some of these may still be Shanghai on the yen is held as one carrying on business. If so, they are warned in the Report that of the potent factors in the pre-ernment and Y1,075,000,000 by they, and every one of their sent slump. No optimistic fore the Bank of Japan. officers are liable to a penalty of cast is entertained, as to the amount Y1,174,000,000 is kept at 260 a day, and to have all their future development of the situa-home and Y260,000,000 abroad, policies treated as illegal policies. tion, as long as the prevailing mostly in New York. The Gov The report states that it was market condition continues.. found, after inquiries, that one society collected subscriptions only when it thought its members could afford to pay, while another only collected in winter, not in summer, or in summer and not in winter.

Not a single collecting society went out of existence in consequence of the Act, except those who were put out of exist- encé for very good reasons after an inspection. The revision of the rates of contributions and benefits has evidently sometimes necessarily been very drastic, and the greatest sympathy is due to the older members whose benefits have had to be cut down, or con- tributions increased after many years' membership.. "Bat," the Commissioner.adds, "it is obvious that having the power to prevent it, I could not allow "any society to continue taking in new mem- bers, in both senses of the expres sion taking in. by promising them benefits that in all bumas,

Seef Sirloin-Ngau Mei Pa

Frime Cut

WEDNESDAY, SEPTEMBER 23, 1925.

DRINKING MORT BEER.

Profits Made On Lukury

Brands.

The facts are beyond dispute. -

Britain is drinking more beer.

!

What is the cause? Is beer taking the place of whisky and do the increased sales by the other spirits with many people, or loading brewers denote a corres- ponding increase in drinking in

more beer has been most pro- this country?

Although the tendency to drink nounced during the past year. It has been noticeable ever since the war. Leading brewers confirm the statement of Colonel Gretton, M.P.. at Bass, Ratcliff and Gretton's annual meeting.

provide the brewers with about one-tenth of a penny profit. The retaller, receives nine-tenths and has to meet all his expenses out-s of it."

1

One prominent brewer told a representative of "The Sunday News" that there are several fac tors to be taken into considera- tion.

"Many people who before the war were teetotal now take a glass of beer," he said.

is that the average person prefers "But I think the main reason why beer is now drunk so much it to spirits. For 4d. a man gats a good drink, whereas a very small quantity of spirite costs him double the money."

HOW DO YOU WAKE these mornings? Fit and fresh, or dull, depressed, ill-tempered? If the latter,. case try Pinkettes, the dainty litt probably your liver is to blame, in which regulators.

Profits, we are also told, are

called luxury beers-namely, the chiefly derived from what are branded variety sold in bottles.

This was emphasised by Sir H. Cosmo Bonsor, at the annual meeting of Messrs. Watney, Į the liver, Combe, Reid and Co., in announc ing a profit of £1.852,354. There is very little margin of profit on

working man's beer," he said. beer sold at 4d. a pint, and, rightly or wrongly, called the

·

ONE-TENTH OF A PENNY. "On every pint, of beer sold at 4d. we collect about 1d. for the Exchequer, and the selling price

Pinkettes gently stimulato

Pinkettes

dispo constipation, promote daily regularity, curs biliousness, nick head- achos, conted tongue, ill-smelling broath. Of chemists, or 80 cents the vial, post free, from the Dr. Williams' Medicine Co., 80, Kiangae Road, Shanghai, PINKETTES KEEP YOU WELL.

HONGKONG MARKET PRODUCE.

APPROXIMATE RETAIL PRICES.

Butcher Meat,

Sapt. 18, June, June,

Corned-Ham Ngau Yuk

Breart--Ngau Hung

19

M

Roast Shiu Ngau Yuk

»

Soup-Tong Tuk

M

Steak--Nyau Yuk Pa

1

+2

#

Calves'

Steak winvin Nau đây

Sausages--Ngau Cheung

Tongue, fresh-Ngau Li

牛尾紀

咸牛肉 编牛肉

Tongus, corned-Ham Ngat Li. 4 Head-Ngau Tau

Heart-Ngau Sam-

Hump. Salt-Ngau Chun

Feet-Ngan Keok

Kidneys-Ngnu Yiu

Tall Ngan Mel... Liver-Ngan Kon

Tripe (undressed),-Ngau To.. Head and Fect--Ngau-tsai-tau- keak ...... Mutton Chep-Yeung Pel Kirat

or at any rate. Actuarial prob- Bullock's Brains -Ngau No ability, they would never be able to pay them." This task, it is satisfactory to note, has now been accomplished; but there remains a further heavy task to be per- formed when the first valuations under the Act have been publish- ed, The Commissioner did not think it necessary or right to com- pet a decent and reasonably pra gressive society to make itself completely solvent by one singlé operation. but permitted it to raise itself to a reasonable degree of solvency and reserving further intervention till the results of the presént improvement were shown Pig's in the first valuation. The pro- ceedings which were instituted revealed a curious little nest of THE BANK OF TAIWAN, LTD. compai..es which had once been

(Taiwan Ginko.)

friendly societies, but for some reason or another had turned themselves into companies which did the business of life assurance, but were not worried by anybody Yen 60,000,000 to put up a deposit. The Act put Yen 52,500,000 an end to this condition of affairs, Yen 12,980,000

and, saya the Commissioner, "as HEAD OFFICE: TAIPEH, FORMOSA,

A. H. FERGUSON,

Manager. Hongkong, 15th April, 1925.

Incorporated by Special Imperial Charter, 1893,

Capital Subscribed Capital (Paid-up). Reserve Fund

BRANCHES: JAPAN, Tokyo, Yokohama, Kobe,

Osaka, FORMOSA-Giran, Kagi, Karenko, Keelung, Makong, Nanto, Pinan, Shinchika, Taichu, Tainan, Takow, Tamsul. Tobyen, Ako. CHINA. Shanghai, Hankow, Amoy.

Foochow, Swatow, Canton. OTHERS.-Bangkak, Hongkang, Singa-

pore,

Soorabaya,

Samarang,

Le-Young Fel 1.. Shouldor-Yeung Kin Saddle-Yeung On Yuk Chitlings-Chu Chong

Brains-Chu No

FeetChu Keuk

I

#

Fry-Chu Chap

2

Head-Chu Tan

Heart-Chu Sam

Kidneys Chu Yla

Liver Chu Kon

Pork Chop-Chu Pai Kwat

P

Leg-Chu Pal

#

Loin--Cha Hau Tun

12

Fat or Lard-Chu You

**

Heart Young Sam

13

H

Liver Young Kon

soon as any inquiries discovered Sheep's Head & Feet-Yeung Tau-Kouk

their existence they had to be- come friendly societies again in order to obtain postponement of their deposits."

Kidneys Yeung Yia

Sucking Pigs, to order-Cha Toal Suet, Beef Shang Ngau Yau

ཚྭ འ ན ཅ ཆ རྒྱུ རྣ རྨ ཟ

1925. 1918. 1914.

Cin Cia. Cla

Capons, Large-Sin Kai Duck-Ap

Doves-Pan Kau

Poultry.

Sept. 18, June, June

1928. 1018." 1914

Cla.

Ib. 70

45

55

96

each 38

***

LEERS IN MED BAKISA KI

#ER KREKEZORXX270E

per oz. 40

55

13 14

Eggs, Hen-Kai Tan (fresh)

Fowls, Hainan-Hoi Nam Kaj Geese-Ngo

Pigeons, Canton-Pak Kap

Holbow-Hol Hau Pak Sap..

Turkeys, Cock-Fo Kal Kung Tarkers, Hen-Fo Kai Na

Snipe-Sha Tsui

Pheasant-Shan Kai.

Qua-Om Chan Partridges Che Ku

海南海口

each

口味案

each

#

ដ្ឋទគគតនៅខាងគគÄនន |៨ | | | |

18 | | 19 ||* |

lb. 36 24 12

Chicken-Kal

36 23 12

Capons, Small~--~8!n Kai-

$4 23

20

36 24

22

32 20 18

28 20 18

Eggs, Hen-Kai Tan (cooking)

牛肉排

36 24

22

新鮮雞蛋 T

牛柳

60 30

40

H

26

35 20"

Fowls, Canton-Kai

per set 15 10 12

each 90

50 60

60

73

80

$1.20

Ib. 24

30

20 18

each 12

10

12

15 10 12

30 20 22

lb.

24 13 14.

8.

6 7

4

羊排骨

set $1.20 $1.00 $1.00

ib.

55 26

55

26

"

羊手

52

24

2

#

lb. · 56

羊肉

55

. 24

+3

35

71

Bananas (bride's), Macao-San Heung

per set 3

Chin

蕉山香蕉

*

10

ib. 13

15

Carambola-Yeung To

"

14

30

15

18

Cocoanuts-Ye Tas

猎国

24

20

Lemons, Chine-Ning Mung

樓繼 lb.

#

each 15 10

10

12 10

8

Lichees, Dried (small stone)Lai Chi Kon

lb. 22 25

80

jb.

43 30

24

Oranges (Canton), Sweet Shan-sheng

10

猪排骨

42 25

23

Tim Chang

(新會甜性

#

48

Oranges Tim Chang....

48

15

#*

45

28

27

30 21

Pears (Canton), Cooking--Sha Li Peanuts Fa Shang...

12

14 10

Persimmons, Large-Hung Tse.

14

5

each 15

Ib. 22

30

┣牛牛牛牛牛牛牛 牛羊羊羊羊猪猪猪猪猪猪黹甜黹猪猪猪羊羊羊羊乳瓣餘年中 牛羊仔仔

*#***

}

Matton-Shang Yeung Yau Vesi-Ngau Taat Yak

TAKING RISKS.

17

Sansages-Ngau Tani Cheung

No. 1

Trade

Fish

Barbel-Ka Yu Bream-Pin Yu

conditions frequently Batavia, Bombay, London, New, determine the form of security a York, Calcutta.

new issue takes that is, whether it should be a prior charge or simply shares.

LONDON BANKERS: London County Westminster and

Parr's Bank.

The Buick Bus Correspondents in the Commercial Centres in the Baropean Continent, Runds, Mami elveria, Tsingtan Japan, inihan, Sim, Indta. Pippine lində, Maya, wand Dutch niles, Australia, Amerii, Afric. &c.

U

Interunt allowed on Current Scents, and led Heposits at rates which will be quoted appli Z, YAMAMOTO,

Manager.

HONGKONG BRANCH:

3. Des Voeux Road Central. Hongkong, 6th June, 1924.

THE BANK OF CHINA.

行銀國中

(Specially Authorised by Presidential Mandato of the Republic of China on the 22nd of November, 1017). Authorised Capital $60,000,000.00 Paid-up Capital

$18,278,600,00 Reserve Fund

油脚心腰肝 猪油油肉襲

set

Almonds-Hang Tan

Fruits.

Apples (California), Kam Shan Ping Ko

##

E each 14

Lemons(America) Kam Shan Ning Mong ✯✯ each

75 60 70

each 15 8

15 12 10 55 26 25

25 22. 20 18

Plantain-Tai Chin ........

Pamelo, Slam-Tsim Lo Yau

Walauts-Hop To

Grapes-Po Taj Tax

a9|}|སྐssསྐ

| | | | | និយ5+ គ

10

25

36

55

26 24

90

· 20

19

40

20 20

32

Vegetables, &c.

Artichokes Ah Chi Chouk.

若竹

each

Beans, Sprout-Nga Tso

Ib.

#

20

each

8

14

10

53

5

8

80 12.

ib.

19

24

a

"20 16

18

16

Ya

水魚) 海鮮?

16 277

12

.9

20

26

82 23.26

16

2

23

16

10

9

10

10

Canton Fresh Water Fish-Hol Sin) This aspect of finance is critic- ally examined in the current Carp-Li Yu "Midland Bank Review," and the Catfish-Chik Yu conclusion from the new issue Codfah-Mun Yu statistics of the past six years is Crabs-Hat that in times of prosperity new Cattle Fish-Mak Yu ́ issues generally take the form of Dab--Sha-Mang Yu shares, and in difficult times the Daco-Wong Mel Lap fora of debentures.

Dog Fish-Th To She Eels, Conger--Hoi Man

#

This adaptation of investment to trade cycles suggests that in Fresh water-Tam Shul Ya periods of prosperity investors "Yellow-Wong Sin are more open to take risks, and Frogs-Tim Kai . consequently prefer shares in Garoupa-Shek Pan order to secure any advantage Gudgeon-Pak Kap Yu arising out of good profits. Per Herings Two Pak contra, when trade is bad, invest-Halibut-Cheung Kwan Kap ment turns to fixed dividend Labra-Wong F's Yu stocks of the secured type, such Leach-Wa Yu.... as prior charges,

Who Lebaters-Lang He

Backarel-Chi Yo .. Monik Fal-Mong Yu

Oysters-Shang Ho Parrot Fish-Kai Kung Ya. Perch-Tan Lo Pike-Fa Pan Fong Plates Pan Y ...

*9,629,425.94 THE MERCANTILE BANK OF Mullet-210| Y

HEAD OFFICE: PEKING.

HONGKONG BRANCH:

Queen's Road Central Branches and Sub-branches all-ovèr China and Correspondents in Europe, America, and other 'parts of the world. London Bankers: The, National Provins cial and Union Bank of England, Ltd. The Guaranty Trust Company of New

Tork.

New York Bankers:

National Bank

TheIrving

The Equitable Trust Company of Now

York

Interact allowed on, Gürrent Accounta and Fixed Deposita, Terme ön app

vary description naar transmobed.PNG

INDIA, LTD.

KRAD ] OFFICHE

But 18; Mənsuchurch Bizent, London, 2.0.A.

Authorised Capital

Subscribed. Capital

Fald-up Capitá

1,080,000

1,200.000

Pomfret, Black-Hak Chong Pomfret, White Pak Chong

} Prawns Ming H

Ray-Pai Pa Bha

Rock Fishek Kau Kung Roach-Chan Yu Salmon-Ma

尾肚 水 VERSEERKA KIESKEDGEKEERUZAKEZUIDENSKABUHEZNE

E

Long-Tau Kok

Beet Root-Hung Tsol Tan

Bitter Squash--Fu Kwa

Brinjals, Green-Ching You. Kwa

Red-Hung Kes...

Cabbage, Chinese (common)—Kai Teo!.

N • (Shanghai)-Yo Trol

Cana Shoots, bunch-Kau Shun

Cauliflower (Large)-Ye Taoi Fa 大興

(Medium)

(Small)

Carrota-Kam Shun

"

10 Celery, Chinese Tong: Kan Tasi -

8

*26 30

18 15

Chillies, Dried-Lat Chiu Kon

Red-Hung Fa Chin

H

Green-Ching Kat Chiu ...

Gerar Shut, Casa Ba Lư Gia Lai Cucumbers-Ching, Kwa

Garlic-Sna Tan...

Ginger, YoungSan T4 Kang "Ginger, Old--L> Kaung La

Horseradish, Shanghai-Li Kan Indian Corn Shuk Mat

Lattecs-Yung Shang Tsol

"Kandarin=KTU

Mushrooms, Trub---Sha

70 32 25

70:

40 30

-NE-RESIONISRJ6H8822115.689811I%%

22

18

18 28

18

76

22

24

85

82

21

200.26

Water Chestnuta---Më Tai

82:

28.

2015

18 10 9.

10

·30-

18

42

22 70386-

臭椒花辣

Ib,

1898111 1998 COMORO

B

8.

10

10

25

25%

28 10

12

10

10

10

ench

.8

2

lb.

7 8

6.

each

45

14

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