1925-12-30 — Page 2

HONGKONG AND SHANGHAI THE BANK OF EAST

BANKING CORPORATION...

DAY

HEAD UZZICE HONGKONG.

"Anthorised Cevita**.....$30,000,000 Issued und Fully Paid up.#20,000,00 Rosarve Funda-

Sterling.....£1,5-10,000: Silver......826,500,000

Reservo Liability at

Proprietor......

į

COURT OF DIRECTORS:

G. M. Young, Baq-Chairman,

ASTA, LIMITED

HEAD OFFICE: HONGKONG." 10. Den Twax Road Central, Eongkang,

Authorized Capital .$10,000,000 8,000,000 Paid-up Capital ་ ་ ་ ་ ་ ཎྜ ་ Reserve Fund

1,000,000

DIRECTORS: Hon. Mr. Chow Shop Son-Chairman. Fung Plug Shan Mok Ching Hong

P. K. Kwok

Bayuh Tal

#$20,000,00

LF Koon Chun

Wong Yun Tong

Ng Ching Tak

Kan Ying Po

Kom, kirjat

alter Fu A Plomew,

H. P. White, Esq.-Deputy Chairman.

W. E. Bell, Em

P14. M. Varnart,

M. PAT, A, W T Ra

CHIEF MANAGER:

A. H. BARLOW, Esq.

Mabakor: Shangha'l—G, H. STITT, Esq.

LONDON BANKERS, " Westminster Bank, Ltd.

Topeng

CURRENT ACCOUNTS opened: In LOCAL CURRENCY

DEPOSITS received for one year or shortor poriods in Loes! Curroney and Sterling on terms which will be quoted

"Application.

Hongkong, 20, May 1935.

Pong Wal Ting

Loan

Chan Ching Shak Every description of Banking and Exchange business transacted cranted on approved securities.

SAFE DEPOSIT BOXES to let.

KAN TONG POL

Chief Manager Hongkong, 18th February, 1925.

行銀商工法中

BANQUE FRANCO CHINOISE

pour le

Commerce et L'Industrie (Incorporated in France).

5. Chater Road, Victoria, Hongkong.

BONGKONG SAVINGS BANK. HEAD OFFICE: 24, Rue St. Lazaro,

THE

Bank is

Paris.

Fev 20,000,000: —

COMMERCE

EINEN MARKET.

Fortnightly Trade Report.

THE CHINA MAIL

AND FINANCE

EXCHANGE

Hongkong, th, December), 198 Londo

1 demand

30 day's sight.

4 months right

Credits, & months' right 3/6- Documentary, 4 montha sight 18–1.

Parta-B

bion marks compared (8,500,000,000 before the war, Accumulation of new stocks In Germany since the beginning of November 18. 1924 would total some 10,000,- Flax--The Irish marketa have 1000,000 marks. In these, how- been well supplied since last report, aver, is a fair amount of borrow and all the fibre offered for saleed money. The foreign loans has boon, brought up at unchanged totalling some $600,000,000 area, Wire.. pricos. The bulk of the Flax sold about half used in financing Ger varied from medium. to poor in man trade abroad.

Germany's national income the quality.

last 12 month was 45,000,000,000 On the Continent the markets marks, compared with

Helf- are dill, antd Na stocks are begin-ferich's estimate of 40,000,000-| ning to accumulate in destors' 000 to 42,000,000,000 before the hunde. it is anticipated that price war. This is the total of in-d will be, lower.

comes in Germany, People get Latvinn Flax. The Latvian their wages or profits and spend Government' has minded its official the greater part on living ex- quotations slightly, and rather more penses. One must therefore dia- interest is now being paid to offers, tinguish between incomes and Prom reports, quality is better than additions to national wealth. are expected, although hardly up to lait year's standard. The latest figirs of probable export show a decreuse from the first estimates, and will probably be now much the

samo as a senson,

Astbonian Flux.--Supplies Now Crop are increasing. generni tone seems quiober.

Ou demand.

1540 Credits, 4 months! right... 1590

New

York-

Da demand

Credits, 60 daya" sight.

* 58

コ

1564

Way-

On demand- WIM

On demand Thus,apore

Allowance must also be made for depreciation in gold purchas lng power in the interim. while the 46,000,000,000 national income to-day is nominally 8,000,000,000 to 5,000,000,000 marks above pre-war, actually, of taking depreciation into account, Theit buys but two-thirds as much in

real values.

aise be the TRONG Topital

Soviet Px.-The Co-ops are Th national Income, for exam UND SHANTIAL BANK. Fri 11.160 3.0till holding their prices up, but ple, to-day at 46,000,000,000 may PIRATION olan

atsition Special Working Capiz... Fra 30,000.000 Andleg

(INTEREST D Jergunta o kloaintai on the Inurgah wabunen durini. cshem. olatadi. Tudorilar “Mostlest dk por centu gar anuum Should there be balance 00 ing day in 1 month no inart will na diewed for that month.

*apitre may transfer, their antin. Balen, of 2100 par vore to the TYNGKON »& SHANGH↑ BANK boha nlivadian FIXED UNURRANT · RATES

*PASIT &

For Vãe, HorarONG &`RHANH “ŽAJ

BANKING CORPON LEIOM,

A. EL BARLOW,

Chief Menager. Hongkong, 7th January 1925.

BANQUE DE L'INDO-CHINE.

HEAD OFFICE:

20, Boulevard Haussman, Paris:

Akancribed' Capital .. Fra. 72.000,500.00:

Reserve Fund

Fr. 69,667,299.64

Paid-Up Capital. Frs, A8.400.040.00

Bangkok

Bambang

Ginta

Mihmati

Fort Bayard

littlelig

Jankow

BRANCHES:

Manns

A magkang

Mengle

Nogmer

I

1"1/4 Potting Prom Porth

BANKERS

Pondicherry

Flychri

Sira

**

TVIA Yunan

IN FRANCE Comptoir Sadenari Excommte, His firmlis. Lyonosic Bunune de Pari. »t Ja Payne Brat Grodis, Industelel on Cameraful. Barició fienerale,

IN LONDON: The Nasaud Provincial Brion Bank of Fuglinil. 6 d: femetoir Patioista. Escomptede Paris Credit Gyann sig

IN NEW YORK: J. Mom & ; American Baking Corporation

Treach

« Amaranty Trust Co. of New York.

Interes allowed ou Carmat penants and Find Dusitusreording to trenersenk

Every desiption of Banking at Exchange Pasing transseled

A. LECOT,

Manngar. Hongkong, 11th December, 1925.

NEDERLANDSCHE HANDEL MAATSCHAPPIJ.

INETHERLANDS TRADING SOCIETY.)

Beramaiano 1624) HoxAKO DANSY SHTAZLIKE 19,

Authorized Capital 19. 229,000,000 £22 500,0 Paid-Up Capital ... 20.00LONA): 3,548) But Fab...0.. 2020,861 £1.711,400 Feria), 3, 52FLAR

er

HEAD OFFICE:-Amsterdam. EASTERN HEAD OFFICE:-Batavia.

BRANCHES:-

Baudovik Kam' Uberihon Djember The Hague Koba

Mycan PecuUERAD Rangoon

Qals ** Djoka -Kota-Baja

serunt Megspora

Mount

Palubat ..lank Samarang Soorabala T

Yousehurts (Bak Weltevreden

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

DESCRIPTION.

M. J. KERBSCHLEB,

Agent: Hongkong, November 4, 192

THE

}

J

YOKOHAMA SPECIE BANK, LTD.

Established 1880. Capital (full paid-up). Ten 100,000,000

Reserve Fund

Yen 89,500,000.

Head Ofca:-YOKOHAMA

Branches and Agencies att

Batavia.

Bombay,

Buenos Ayres,

Calcutta,

Cantón.

Changchun.

Dairen (Dalny),

Newchweng

New York

Osaka

Faking,

Rangoon

Rio de Janeiro. Blaigon

Tengten (Mukden). San Francisco

Hamburg,

Jankow

Barbie,

Honolulu.

KarachL Lebe

London.

Los Angeles -

·Seattle.

Semarang. Shangha

|

Parla Ani -Paking Canton

BRANCHES

Lynns

Marsellion Haiphong Haar! Shanghai Tientsin Hongkong

BANKERS:

FRANCE →→ Societe Cionepile Banque Nationale de Credit, Banque de

Paris et dos Pays Bas LONDON: Midland!!Bank Bi NEW YORK: Irring Bank-Columbia

Trust Co

Every description of Banking and Exchange Business Transacted. Corra- spondents throughout the world.

A. ROLLIN, Manager. Hongkong, 1st Decembar, 1936

INCORPORATED BY ROYAL. CHARTER. 1858.

HEAD OFFICE: LONDON.

Paid-up Capital Reserve Fund "Reserve Liability of Pro-

prietors

21.000.000 £4,000,000

BOIT" H

nothing going ou except to Russian well increase within the next few Mills.

Quality is disappointing years to 60,000,000,000 marks. and deadedly worse than last sea- This, however, in real purchasing power would be but about the equivalent of pre-war income. Yarns. Business remains very

The wages tax gives a con- much on the ines of the past few venient way to arrive at national weeks. Stocks in hands of Weavers income. Wages and salaries in and Spinners have shown a steady Germany totalled 33,000,000,000 decline during current year to a marks. Taxes on wages are deduct- Imptorial extent. Actual consun ed automatically at the source, and tión las consequently more than are therefore an exact reflection absorbed the production. Prices of income. Saluries are declared (without quotable change. A lead voluntarily, and are doubtless ing Belgian Spinner recently issued higher than declared, thus bring- a price list with the notice "Orders ing the total to over 33,000,000,- for Eine Yarns could only be accept. 000. ed for delivery commencing in about thure months.".

Un demand

Od demand.... In Shanghai...

201

114

On demand

ROID.

Might (private paper;--

182

% pm. 31. B/16

10 % pr. 6% p

On -On

Sovereigns (Bank's buying rate). 8:30

lver (pet

ar Silver in Hongkong hinese Copper Cash lines Copper Com ate of Native Insert now. Chinese Bub. Cotn

Jongkopi Bah, Ootaz.

- $71% dis

NOW I WONDER WHO THAT CAN BE !

Very often this is your firal thought when you receive a, massage to call up such and such a telephone number. You can find out sasily from the Telephone Handbook which gives the numbers, in the numerica! order, You, almply turn the pages, and the number,, and son who it in: that has been calling you

The Telephone Handbook" can be "obtained, from the publishers, No. 5. Wyndham Street, pries one dollar.

HONGKONG MARKET PRODUCE.

Prime Cut

Corned

#

Roast

The remainder of the Beef Sirloin 45,000,000,000 represents profits, including returns on capital. In America wages and salaries re Present about half the national income, but profits and returns on capital have a smaller place in the German total.

"Breast

APPROXIMATE RETAIL PRICES.

Doves

Butcher Meat.

December 18, Juno, June,

.1925. 1918. 1914

Cia. Cía., Cla.

Chicken

80% 24

12

30.23

12

Capons, Small

30 23 13

Capons, Large

<80. 24 22

Dick...

H

Soup... Steak

28:

Steak Sirloin Shusages

45.

24 20: 18 201 30 24 29 30- 25 2820

Eggs Hen (cooking)

18

Eggs, Hen (frosh)

Fowis, Canton...

per set 15

10 12:

B

Tonguo, fresh.

each 90

50

60

♥

Tengue, corned

60

Head

$1.50

-$1.20

Heart

24

18 14

Hump, Salt Feet

20 18

J

each 0.

10 12

Kidneys

15

10 12

Tail

30 20 22:

И

Liver

Tripe

24 18: 12.0

14

Bullock's Brains

Weavers.-There is no change in the situation of Manufacturers. Business put before them is in sufficient to ensure a healthy con- THE CHARTERED BANK OFdition-of-affairs, consequently, ve

"There are no generally acceptedTM INDIA, AUSTRALIA & CHINA. regret we cannel record any improve-estimates of wealth in Germany.

One milis- ment in price cutting.

In Government circles the opinion factory feature is that all orders is widely held that production in. luvo to be delivered promptly, Germany fa 85.00 per cent of pre- (shewing that slocks held are in nar-war. Dr. Julius Hirsch, whose

row cumpass.

estimates are widely discussed, Morchants-Orders for porting- says it is nearly that of pre-war. [up lots in" mollerat quantity are The pessimistic Employers Asso- ming in regularly, but there is clation put it as low as 70 per cent. still want of confidence in putting this is fenerally recognised down quantity for forward delivery.as too low. This applies particularly to Pices Their pessimism must partly be Goods and Horo-hoping lines. put down to anxiety that wages, landkerchiefs and Funcy Linens still some 20 per cent under pre- fure keeping up weil und reports are war in real value, will continue to rise. Also there is anxiety in encouraging from U.S.A. Home

political circles that talk about Rigs Chitlings und Colonial markets.

accumulation of wealth would

Brains Dress Linens.-Market condead reparations creditors to be- tiops appear to be steadily income insistent in their demands THE BANK OF TAFWAN, LTD. | proving, but the amount of new for payment.

(Taiwan Ginko)·

..28,000,000

FOREIGN EXCHANGE and General Banking business transacted.

CURRENT ACCOUNTS opened and

FIXED DEPOSITS received for 1 year or shorter period at rates which with be

quoted on application

A. H. FERGUSON,

Manager. Hongkang, 15th April, 1925.

Incorporated by Special Imperial Charler, 1899..

Capital Subscribed Capital (Paid-up)

Yon 45.000 ndo Yon 39,375,000

HEAD OFFICE:-Taipeh, Formosa.

BRANCHES:

JAPAN:—Tokyo, Yokohama, Kobe,

Csaka.

Calcutta

LONDON. BANKERS: London County Westminster

PATT's Bank

and

Poples Africa,

Interest linwert Career and Fixad'

Calven Hand & Feet. 4 set. $1.20 $1.00/21

羊排骨 Mutton Chop

Leg EE

H

Shoulder ... Saddle

lb.

.55 26..

65

26

53 24

+4

55. 40

肉

Per zot

Feat

16. 22 15

*

Fry

40

Hond

24

Heart Kidneys Liver

mch: 14-

#

Pork Chop

Leg

ד

عاما .

bustness arranged during the past At the end of inflation the fortnight is relatively small. White country was literally gutted. In- and Colour Dress Linens

areflation

dumping drained the moving in moderate qualities, and country of stocks. The last lap new_idena in Suilings for men's of inflation also pauperized two... thirds of the population. Ruhr wear are being enquired for.

resistance drained the treasury,

The contrast of Germany. then Sheep's Head & Fust... Wh and now is striking: The German-

Heart Government and.communes have

Kidneys... literally billions of surplus tax? Freceipts.

NEW WEALTH.

Rebuilding German Capital. The rapidity with which an in-

11

Fat or Lard

Liver

Poultry.

December 18, June, June,

1925. 1918 1914.

16. 86 80

81

60

970 28: 80

23 30

38.

ench: 24-

80 18

21

Fowls, Hainan Geese Pigeons, Canton

Hollow

Turkeys, Cock Turkeys,, Hen

Enipe... Pheasant

Quali Partridges

each

Fruits.

Almonds Apples California)

Bananas (bride's) Carambola

Cocoanuts?".

Lemons, China Lemons (A Lichees, Drig Oranges Oranger

Pears (Canton) Permuta

Persimmons, Large

Paraelo, Siam

各携子

Vegetables, &c.

set 10.

Plantain

2K 30

#t

Mutton

Von)

"

Saushyos

No. 1..

Fish.

-24:

Barbel

Canton Fresh

Codfish Crabs

FORMOSA: Giran, Kagi, Karenko,dustrious people can, after a great less than a fifth of its pre-war Suet, Beef

German industry has Sucking Pigs, to order. 1- Keelung. Bakota, Nanto, Shin disaster, rebuild their capital is. chiku, Taichu, Tainan. Takao, indicated, we read in a Berlin mortgage burden, and has ac- Toyen, Haitoh, Tailch. dispatch to the Boston "News cumulated moderately large stocks CHIN

chaf. Hankow, Amoy Bureau," by the accumulation of gain The farmers are.. also Fonchow, Swatow, Canton, OTHERS: Hongkong, Singapore,

new wealth in Germany during fairly mortgage free, have re- Roerabaya, Semarang, Batavia, the past year. The great con placed their live stock, and are Bombay, London, New York, trast, we are told; is between the supposed to be producing more

than before the war. Germany of to-day and Germany plant and stock the Germans are Thus in ne il was before the end of the

moderately well off again D inflation. period. The Germans are said to be moderately well off tarily frozen or unrealisable forma

But most of this is in momen- Water Fish. The Bank has three bloke in the Dommern again as far as their actual Their urgent need is for open Cab Contres natin ampenn Continent: Rasia, Han capital wealth is concerned, but credits for running expenses, and harik, Tanginn. Japan, adam india,what they need is fluid wealth for this need is likely to become Dennis at rates which rist be quoted on Apple running expenses, a need which acute this winter.

T. TAKAGI,

is likely to be acute, as it is difficult to realise on existing planta and stocks. Certain facts. regarding Germany's return to- ward something like its pre-war Big November Total in Japan. Eels, Conger wealth are presented:YA

The state railway receipts for Briefly, Germany, faking to November amounted to Y88,116 day's frontiers as the measure, 18764, of which passenger fares were back to 90-95 per cent. of pre-war Y20,767,202 and freight receipts production.

German industry were Y17,349,662, according to a the past 12 months produced report of the Department of Bai (Specially Authorised by Presidential 18 to 14 bilions of marks ways. Compared to last Noven

Mandate of the Republic of China' goods, 12 to 14 in agriculture, and bar an increase of 11,598,219 was

on the 2nd of November, 1917) 6 to 7 in transporta Authorised Capital $00.000,300.00 cellaneons. Of the there was AT

and

made Y186,921 in passenger Paid-up Capital

$18.278,800.00

and V1,011298-in, freight Reserve Fand

increment in new wealth of 6 to 8 € 9,629,428,24 *-

tion

Manager.

HONGKONG BRANCH:

8. Des Voeux Road Central, Hongkong, lat November, 1925.

THE BANK OF CHINA.

行銀國

HEAD OFFICE: PERING.

HONGKONG BRANCH: 54, Queen's Road Castril ONS Branches and Sub-branches all China and Correspondents. i Europe, America, and other parts of the world London Bankers The National Provis

cial and Union Bank of England, Ltd, The Gearanty Trust Company of NEW

National Bank

The Equitable Trust Compa

THE MERCANTILE BANK

INDIA LTO

-RAIL RECEIPTS.

receipts fro

of the

Cute Fish

Dab

Dade

Dog Fish

Walnuts

Grapes

Artichokes

Beanss, Spront

Long Boat Boot

Litter Squash

Brinjais, Green

18 27

TRǝd

D

Cabbage, Chinese

20

(Shanghai)

20

Cano Shoots, bunch

Cauliflower (Large):

(Medium

Carrota

(Small)

Celery, Chinosa

10:

18

水餃

10 18

Chillies, Dried.

70, 28.

18

Garlle

23"

Red

Green

Curry Stuff, Eng Cucumber

Ginger, Young

Horseradish, Skanj

Indian Corn

Lettuce

-Water Chestnuta

Mushrodi

Okrog

11.99841