1925-09-24 — Page 2

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HONGKONG AND SHANGHAI THE BANK OF EAST SI

BÁNKING CORPORATION.

HEAD OFF.CH HONOR

LIMITED

HEAD OFFICE: HONGKONG. AUTEURINED CAPITAL $50,000,000 18, Daw-Fawn Root Central, Hongkong.

LINU AÐ AND FULLT PAID UP 850,000,000 | - Abthorized" Capital ..$19,000,000 SunnyM FUNDO 1-

STERLING..... # 4,500,000

* 81,VIR......$36,500,000.

EMINAR LIABILITY OF $10,000,000

PROFRITTOES......... 199)

COURT OF DIRECTORS:

Paid-up Capital Reserve Fund 20)

.:

DIRECTORS:

5.009,000 1,000,000

Hon. Mr. Chow Shou-Son--Chulipoma. Fung Ping Shan Mok Ching Kong. Li Koon Chan Wong Yun Toog

Fuyub Tal

IN

P. K. Kwok

G. M. Young, Eng-Chairman. EL. P. Waite, Esq.—Deputy Chairman, W, IL Bell, Eeq. Hon. Mr. A... Lang D. B. M. Bernard, Ray W... Fattendan_Bag EL Opion. A. Plummer. Eng. don. Mr. P.B. Helposă] T. G. ##), Haq

CHIEF MANAGER:

A. H. BARLOW, Esq.

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.

Ng Ching Luke Pong Wal Thig

Kan Ying Po Chan Ching Shek Every description of Banking and Exchange business transacted. "Loana granted on approved securities.

SAFE DEPOSIT BOXES to let.

KAN TONG PO,

Chief Manager. Hongkong, 16th February, 1926.

司公理管業實法中

SOCIETE. FRANCAISE DE GERANCE.

DE LA BANQUE INDUSTRIELLA DE CHINE. ETABLISSEMENT FRANCO

CHINOIS. (Incorporated in France).

HONGKONG SAVINGS BANK] 5. Chater Raad, Victoria. Hongkong.

THE bulness of the above Back Is

conducted by the HONGKONG AND SHANGHAI BANKING COR PORATION. Rales may be obtained on application.*

INTEREST on deposita is esloniated on the lowest balance during each com plated Calendar Month at 3 per cent. per annum. Should there be no balance on say day in a mouth no interest will be allowed for that month.

Depositor may transfer at their option Balance of 8100 or more to the HONGKONG & SHANGHAI BANK to be pissed on, FIXED DEPOSIT at. JURRENT RATES.

For the floorong & StarGRAL BANKING CORPORATION.

A, B, BARLOW,

Chiel Manager.

Hongkong 7th January, 1925.

BANQUE DE L'INDO-CHINE.

HEAD OFFICE:

96, Boulevard Haussman. Paris.

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

Subscribed Capital folly

paid-up Reserve Fund

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

Working, fand provided by THE BANQUE INDUSTRIELLE

DE CHINE. *.

Parks:

Frs. 50,000,000.

BANKERS:

Societa Generale, Bangge Nationale de Credit, Banque de Paris et des Pays Bas London: Midland Bank, Ltd. New York: Irving Bank Columbia Tran

Co.

4

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

COMMERC

· MOTOR JUTPUT.

Reductions In Prices

AND

FINANCE

MONEY POPULAR AND

UNPOPULARS.

By R. J. Martin..........

that nous has been struc since

perhaps not surprising in view of 1902, The Mint,~ er for

the fast that all the vessels, are some reason keeps a few, put by,

angaged on long, distance routes, where the motor ship shows to and in sach - of the years 1912,

best advantars, while the relativa

· 1913 and 1914 Issued four of

cost of oil and coal on those ser- them. Another coin, now no A good deal of interest is being vices le more favourable than longer struck is the four-shilling taken in Dutch shipping circles in usual to the oll-engine drive. It piece or double florin. It was an

· Detroit, August 15-The auto- The output of few money from awkward coin, practically iden- the approaching completion of the is true that Diesel oil is not so mobile industry is not following the Royal Mint is governed tical with the five shilling plece, Pieter Corneliszoon Hooft, which ports as might be anticipated front cheap in the Dutch East Indian the rule of former August entirely by public demand. Some and, although not authorised until is shortly due to sail on her their proximity to the oilfields, but months. It is, maintaining out coins. are more extensively 1887, was discontinued in 1893, put at a rate that more baits an minted..

the cost of coal in that part of early spring month than one in

the world is high, and it is always midsummer.

ve

to bunker at an outward port. necessary for a coal-fired steamer

The above motor linar, on the other hand, is arranged with fuel

Output is not running into a "neck of the bottle" either. It is moving along into retail channels at the same rate cars are leaving the assembly line.

ea is true in all instance except with those companies that have not eat prices or have not brought out new lines. These also though the outlook for them is for a slowing up soon.

Current output is closely in line with the high production of the earlier year: It will be almost on a par with June, when Ford again is in production, expected next week, when turning out of the new models will commence. The lul in this plant has continued for three weeks. With his return to production only one largo pro- ducer will be down..

The crown, however, had been maiden voyage. She will be one introduced into our coinage in the of the first large passenger vessels reign of Henry VIIL

equipped with internal combustion

A study of the official returns for the ten years from 1924 to 1923. (the latest available) shows

It is not generally known, by that of silver coine the shilling is the way. that the florin in its motors to sail under the Dutch easily the most popular. In that present form was adopted in 1849 flag. period 245,412,490 were issued. as a coin to represent one-tenth The Plater Corneliszoon Hooft The half-crown comes next with of a pound, and therefore to be a will be engaged upon the mail and

tanks of sufficient size to enable made without re-bunkering, In- a complete round voyage to be

à total of 196,788,424. Sixpences certain step towards decimal passenger service between Holland cidentally, in view of the con- numbered 176,872,160, and florine coinage. 175,256,305.

than

I Copper coins, of course, circu. and the Dutch East Indies. She troversy that has arisen concern- The number of threepenny bits late much more extensively than is a large vessel having a displace. ing the respective merits of steam are operating at a good rate, put into, circulation is rather silver ones. In the years 1914- ment of 20,200 tons and a speenaries in motor vessels, it is to be and electrically-operated auxili- surprising. Nobody seems to 1928 the Mint issued 763,991,760 of 16 knots, the engine power noted that in all of the new Dutch like them, yet in the ten years pennies, 255,451,200 half-pennies totals 8,000 s.h.p. It is notable

no fewer mentioned 123,779,210 were issued. During the past few years, however, there has been a welcome decline in the output of this annoying little coin In 1917 the number was 21.498.080, but in 1923 it was only 556,000.

Many of the auto plants that have not cut now find themselves actually above their true price class.

Reductions by the leading makers have resulted as much From a desire to give the public a desire in the profits as from any actual need of cuts to stimulate sales.

BETTER BUSINESS THAN EXPECTED.

Every description of Banking and These companies have been en- Exchange Business transacted. Correjoying good business, better than spondents throughout the world.

had been expected. Having. earlier in the year, set prices on the basis of a certain number of cars they hoped to produce, they found demand greater than this set figure, with the result that production costs were reduced and profits increased.

Subscribed Capital. Fra. 73.000.000.00 THE CHARTERED BANK OF Paid-up Capital Fix. 43.400,000.00 INDIA, AUSTRALIA & CHINA.

Reserve Fund

Fra. 50,607,283.54

INCORPORATED BY ROYAL

CHARTER, 1833.

HEAD OFFICE: LONDON.

BRANCHES.

Farok

Butterbeaz

Janton

Bubouti

Rangkong Mengt Noumea Pape

Balzon

Abang hal

Bingapore

T

Fairbour

Postag

Hanker Kimoi

Prom-Penx

Toure

Yunnanfa

Reserve Fund

Pondicherry

BANKIDS:

IN YEANGE Comptoir National, l'Escompta Parts: Credit Lyonnais: Benine de Pariet fas Pays-Bas; Credit Industrial at Comercial Isalete Generale

Paid-up Captai

Reserve Liability of Pro-

prietors

.£3,000,000

.£4,000,000

.£3,000,000

FOREIGN EXCHANGE and General Biking business transacted.

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

A. H. FERGUSON,

Manager. Hongkong 15th April, 1995.

IN LONDON: The Netlonal Provincial & Jalan Bank of England, Ltd.; Comptoi: Jarional Escompte de Paris; Gredit Lyonnais NEW YORK: J. P. Morgan & Co. * Arion Banking Corporation;quated on application.

ranty Trust Co. of New York.

Unsere allowed on Carren Accogotá and Find Deportaccording to arrangement"

Bury deccription of Hanxing and Recharge Iné (exacted.

A. LECOT,

Manager. Hongkong, March 20, 1924.

NEDERLANDSCHE HANDEL MAATSCHAPPIJ.

(NETHERLANDS TRADING SOCIETY.)

ESTABLISHED 1894, Handwone Bramok Keranganna 1908,

Authorim Capital G.150,000,000 £12 800,00

Pald-By Capital.... 30,001,096 5 0 566,87

Fond...-G. 20,538,81 171

¿pecial Baserre.... 1,880,000 £ 1,788,298 HEAD OFFICE:-Amsterdam. EASTERN HEAD OFFICE:-Batavia. BRANCHES:-

Bandung Bombay Cheribon Djember The Hague Kaba

Banda aloutta Djokkakurts

Padang

PEROX

Matsmar

Falbeag

Pentik

Mac Pecalogna Fangoon Bottariam Bamarang Shangil Singapore Boraban Boerskarta (Eola)

Weltevreden

Zegal

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

DESCRIPTION.

M. J. HERBSCHLEE,

Agent. +3 Hongkong, November 4, 1924.

THE YOKOHAMA SPECIE

BANK. LTD.

Established 1880.

Capital (full paid-up).. Yen 100,000,000 Reserve Fund Yen 88,500,000

Head Office:-YOKOHAMA. Branches and Agencies at:

Batavia Bombay

Emanos Ayres.

Calentta,

Contor...

Changchun

Dairen (Dalag).

Nowchwang New York

Osaka.

Peking.

Rangoon Rio de Janeiro. Baigon. Fengtien (Morden), San Francisco.

Settler Semurang Shanghal

Hamburg,

Hankow

Harbi

Shimonosek

Bingapore,

Boerabayk.

Bydney

Tientsin.

Takro.

THE BANK OF DAIWAN, LTD. (Taiwan Ginko.),

Incorporated by Special Imperial Charler, 1899,

Yen 60,000,000 Yeri 52,500,000 Yen 12,980.000

HEAD OFFICE: TAIPEH, FORMOSA.

Capital Subscribed Capital Paid-up) Reserve Fund

Osaka,

BRANCHES:

JAPAN Tokyo, Yokohama, Kobe, FORMOSA-Giran, Kagi, Karenko, Keelung, Mokung. Nanto, Pinan, Shinchiku, Taichu. Tainan, Takow, Tameni. Tohyen, Ako. CHINA, Shanghai, Hankow, Amoy,

Fogchow, Swataw, Canton. OTHERS. Bangkok, Hongkong, Sings- pore, Soerabaya, Samarang, Batavia, Bombay, London, New York, Calcutta,

LONDON BANKERS: London County Westminster and

Parr's Bank

The Bank has Currespon·lents in the commercial

Contra in the Europeas

Hamn, Man

charla, Taingtao, JapaG, H, SA, India |

Philippine lund, Jars, and Dutch jodies, Aur

era, Afrin, kr.

Interest allowed on Current Acrouals, and Fix Deposit min which will be quoted an applia tian.

Z. YAMAMOTO, Manager.

HONGKONG BRANCH:

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

THE BANK OF CHINA

行銀國中

The others were not so fortun- +ate, Some did not attain the schedules they had set and conse quently made less profit than hoped for or just approached it. Now they find themselves forced to slash prices to meet competi- tion.

CROWNS AND DOUBLE FLORINS. The five-shilling piece, or crown, became so unpopular, owing to its bulk and weight,

Bret Sirloia-Ngau Mei Fa

Prime Cut.

Corned-Ham Ngau Yuk Roast Shiu Ngan Tuk Breast-Ngau Hung Soup-Tong Yuk

Steak--Ngau Yuk Pa

Steak Sirloin-Ngau Lau Sausages-Nġku Cheung Bullock's Brains--Ngau No

#

H

and 118,886,400 farthings... that in this vessel two-cycle motor liners electricity is utilised

The number of farthings may machinery is being installed, almost ext.usively. also appear surprising, for this whereas most of the big motor coin is almost as irritating as the liners now under construction în threepenny bit. It must be re this country are to be fitted with membered, however, that in some four-cycle double-acting motors. years ago la still flourishing at A business firnt established 817 parts of the country the farthing There are few, if any, steam- North Walsham, Norfolk. is more widely used than in driven passenger liners under that of Messrs. R. W. Farman, London, and were it to be with construction In Holland, and it basket-makers, founded in the drawn inconvenience, or even would seem to be a general ten-year 1108, only forty-year years hardship, would be caused to the dency in that country to favour after William the Conqueror poorest classes.

oil-engine propulsion. This is fought the Battle of Hastings.

HONGKONG MARKET PRODUCE.

Tongue, fresh-Ngau Li

APPROXIMATE RETAIL PRICES.

: 燻牛肉

Tongue, corned-Ham Ngan Li. 14# 牛蘋

Head-Ngau Tau ...

Heart-Ngau Sam':

Hump, SaltNgau Chun

Feet-Ngau Kauk

Kidneys-Ngau Tin

14

Liver Ngau Kon

Many have no great reserves and the expense of reorganising manufacture on a lower cost basiscales will be a large one that some will

Tall-Ngau Mel

Hand and Feet--Ngau-tasi-tag- # Trips (undressed)--Ngau To.........

keuk.........

have trouble in meeting. It will Matton Chep-Yeung Pai Ewat be to some, extent a test of ability to continue successful operation.

Price cuts still dot the future. Buick and Studebaker have set a sharp pace, seemingly, and while some have been quick to recognise it, others have been less alert.

Log-Yeung Pel

Shoulder Yeang Kin

#

Saddle-Yeung On Yuk Pig's Chitlings-Chu Chong Brains Chu No

"

Н

4

**

In

n

Feet-Chu Keuk Fry-Chu Chap

Head-Chu Tau

Beart-Chu Sam

Kidney-Chu Yiu

*

Liver Chu Kon

Peerless, Jordan and Willys- Knight have slashed prices to the newly established levels of Buick and Studebaker, but there still Pork remain othera in this class.. this group fall a considerable number of what can be classed as secondary companies and these are facing the hardest competi- ; tion.

Chop-Chu Pai Kwat

Leg-Chu Pel

Loin--Chu Hau Tun

1923. 1918. · 1914..

Cte. Cta. CI

⠀⠀⠀886 + 48 (648248* 866-388899-8PHPAROESES

Chicken-Kal

Hoihow-Hoi Hau Pak Kap.##

Pheasant-Shan Ea

Partridges-Cha Ka

Fruits.

Apples (California), Kam Shan Ping Ko

It in.

ថ្មីčគំន&គ៨ [៩៩ | | | | | | |

Butcher Meat.

Poultry.

Sept. 23, June, June.

Sept. 20, June, Juna. 1925. 1918 1914.

牛尾彬

Ib. 36 24 12

"Ctx. 42

Cia. Ctr.

30

17.

36

23 12

Capons, Small-Sin Kai

48 28

成牛肉

17

34 23 20

·Capone, Large—Sin Kal

54

28

36 24

22

Dack---Ap

48 22

ት.

牛津

32 20 18

Dovos Pan. Kau

ench 18

22

28 20

18

Eggs, Hen-Kal Tan (cooking)

per oz. 85

18

*** 牛機

36

24 22

Egrs, Hon-Kai Tan (fresh)

新鮮類

,55

25

60 30

35

Fowls, Canton-Fal

*

lb.

36

4

40 26 -20

Fowls. Hainan-Hoi Nam Kat

海南海口期

per set 15 10

12

Geese--Ngo

4 M

each 90-- 50

60

Pigeons. Canton-Pak Kap

80

60 ---$1.20

Tarkays, Cock---Fo Kai Kong'

Beach.

ADA

80

28

fb. 24 '13 24

Turkeys, Hen-Fo Kai Na

30% 20

18

Snipe Sha Tsui...

each

each 12 -10

12

15 10

12

Qual-Om Chun....

30

20

22

lb.. 24 13 14

8 6 7

4

set $1.20 $1.00 $1.00

羊排骨

lb.

65 26

.55

26

Almonds-Hang Yan

52 24

羊肉

25

55

24

27

"

40

Bananas (bride's), Macao-San Heung

per act &

燕山蕉

Carambola-Yeung To

24 15

15

# fr 豬

Coconuts Ye Tae.

48

15

18

~ I ench

10:

24 20

Lemons, China-Ning, Mung

檸冰糖b

each 20

10 10

lb 35

20 ∙10

25 30

8

b. 60 30 24

10

豬排骨

42 25. 23

(新會刮機)

璀脾

45

30

15

48 28 27

.30. 21

Bet

141012 1412.

esch 15

15

12 10

26. 25

25

26

22.

18:

65

242

*19

40

20

32

Fish.

Beats, Sprout-Nga Taoi

H

Long Tao Hok

30.19

24

Beet Root-Hung Tao Tan

20

16

18 16

16

27:

-12:

9

20 25.

Cane Shoots, bunch-Kau Shan

40

23 26

(Medium)

Fat or Lard-Chu Yau .......

Sheep's Head & Feet-Yeung Tan-Kank

Heart-Yeung Sam Kidneys-Young. Thu

Liver Young Kon

Other companies in this group prices. Cadillac also has caused Sucking Pigs, to order--Cha Tasi are beginning to feel the Cadillac much debating of the right price Set, Beef Shang Ngan YAD- action to take in its own class and among cars now listed consider- ably above it.

CHEVROLET AND STAR CAUSING STIR.

Chevrolet and Star are causing an equal amount of concern in their field and the class above them and here also price cuts are, likely to be humerous and the rule in the coming month.

Matton-Chang Young Yad -Voal---Nguá Taal Yük

Sausages-Ngau Tai Cheang

No. 1

猪肠 獾

油心精油

Barbel--Es Ta Bream—Pin Yu Canton Fresh Water Fish-Hol Sin 塘魚(省衖)

Carp-Li Ya...... Catfish Chit Tá Oldsmobile, whose new line is to Crabe-Hai vaja Early cuts are, those of Codfah-Mum. Yu be formally announced to Cuttle Flib--Mnk Ya morrow. The Flint Junior is Dab--Sha Mang Ya expected to be announced next Dace Wong Mai Lap week, in two models, at prices Dog Fish-Ti To Sha lower than originally intended. Eel, Conger Hol-Man This is a new light six Durant Freshwater Tam product und the latest newcomer

Tellow Wong: In the light six class.

Jordan late this month will bring out a lighter eight-in-line motor in several models, Rumour

now has it that the present price

(Specially Authorised by Presidential situation has compelled a re-

Mandate of the Republic of China

Proga Tla

-on the 22nd of November, 1917). arrangement of price tags for Loach Authorised Capital $60,000,000.00e models and prices are ex- $18.278,500.00 gpected to fall somewhat below $9,829,425.2432,000

Paid-up Capital Reserys Fund

HEAD OFFICE:

PERING

HONGKONG BRANCH

4. Queen's Road Central Branches and Sub-branches all over China and Correspondents à Enzope, America, and other parts of the world? London Bankers: The National Provin

clal and Union Bank of England, Led. The Guaranty Trust Company of New

York

The

New York Bankers

National: Banki

The Equitable Trust Company of

York

Sales continue at a highly satisfactory rate for the season Companies that have made red tions or brought out new-Y are capitalizing the effect of.

utmost Marcha being developed

domentum báhl

དེ མ མ བ བ བ བ ན བ བ བ

Tim Chang

75 60 70

87

Lemons(America)Kam Shan Ning Mung each

Lichess, Dried (small stone) Lai Chi Kon T

Oranges (Canton), Sweet Shan-sheng-

Oranges-Tim Chang.

Pears (Canton), Cooking-She Li

Paanats-Fe Shang:

Persimmons, Large-Hung Tre.

Plantain-Tal: Chfu

Pamelo, Stam-Taim Lo Tsu.

Walnuts-Hop To

Grapes-Pa. Tai Eas

28

16 .2

10: 9

10

8.

Artichokes-A Chỉ Check

类生柿孤棰杭子

花紅大组合苦

12

#each 18 120

Vegetables,

each

each

3216

10 18

80 1815 2218 18 28

223518 24

82217 205428

Bitter Squash Fu Kwa

Brinjais, Green-Ching Ym Kwa

Red Hang Kee

Cabbage, Chinese (common)--Xai Traf

(Shanghai)--Ye Troi

Cauliflower- (Large)-e Teal F

(Small)

Carrota-Kam. Shun

Celery, Chinese-Tong Kan Awal

Chillies, Dried Lat Chu Hon Red-Hung Pk Chin".

een-Ching Lat Chiu Curry Stur, Englab Ka Li Cha Cucumbers Chit

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