1926-02-03 — Page 2

HONGKONG AND SHANGHAI THE BANK OF EAST

BANKING CORPORATION.

HEAD-UPPICE: HONGKONG authorised Capital $50,000,000 Leaned and Fully Paid up...$20,000,000/ Reserve Funda

Sterling......500,000 Silver.....$28,500,000-

Reserve Liability of $30,000,000

Proprietors.

COURT OF DIRECTORS G. M. Toung, Beg--Chaleman.. HP: White, Faqe-Deputy Chairmatam.. W. E. Ball, Baq Hon. Mr. A. Q.. Lang

G. M. Bernard, Reg. W. La Pastan:ion Bes , H. Compton, Bay. 7. A. Plamor, Be Mom Mr.PE. Holyonki T. Q. Wenil, eq

CHEF MANAGER

A. H. BAELOW, Esq.

Manager: Shanghai-G. H. STITT, KÜÇ.

"

LONDON BANKERS.

Westminster Bank, Ltd.

MA

CURRENT ACCOUNTS. opened" in

ASIA, LIMITED.

HEAD OFFICE HONGKONG |18. Das Vaux Bead Central, Hongkwen

Authorized Capital ...$10,000,000 Paid-up Capital, vacuums 8,000,000 Basarve Fund. ......

1,000,000 DIRECTORS Hon. Sir Shoreson Chow-Chairman.

Fung Ping Shan: Kok Ching Kong. Li Koon Chun Wong Tan Toog P. K.: Kwok

Buyuh Taf Kan Ying Po Chi Fong Wh Ting Gunn Ching Ho Every description of Banking, and Loung Exchange business transacted. rranted on approved securities.

SAFE DEPOSIT BOXES to Ist. -

KAN TONG PO,

Chief Manager. Hongkong, 18th February, 1925.

NE

行銀竊工法中

LOCAL CURRENCY and FLIED BANQUE: FRÂNCOCHINOISE

DEPOSITS received for one JOAT OF

shorter periods in Loul Currency and Sterling on terms which will be quoted.

application

Hongkong, 20th, May 1925.

HONGKONG SAVINGS BANK THE basines of the above Bank in

pour le

Commerce et L'Industrie (Incorporated in France).

8, Chater Road, Victoria, Hongkong..

HEAD OFFICE:: 74, Eus St. Laxare, Paris.

Capital

oondunted by the HONGKONG

Fry-20,000,000,- AND SHANGHAI BANKING OOR.

* Fri 11.160.000 PORATION. Rule may be obtained Spock Working Capital... Br 50,009,000 on application.

INTEREST on deposits le calculated

on the lowest balance during sach com- plated Calendar Month at 3 per cent. per annum. Should there be no balance on any day in a month no interest will be allowed for that morth,

Depositors may transfer, at their aption Balance of $100 or more to the HONGKONG & SHANGHAI BANK.

to be pissed on FIXED DEPOSIT 22.

CURRENT RATES

ら

For the HowaIONG & SHANGILAZ

BANKING CORPORATION,

'A. H. BARLOW,

Chief Manager..

Hongkong, 7th, January 1925.

BANQUE DE L'INDO-CHINE.

"HEAD OFFICE:

$8, Boulevard Haussman, Paris.

Bubscribed Capital .. Trs: 72,000,000,00

BRANCHES

Paris:

Lyons

Sales

Peking Canion

Shangha

Marsalar Haiphong Hanol

Tientsin

Hongkong

BANKERS:

FRANCE Boalete Generale,

Basque

Nationale de Credit, Banqos de Paxia et des Paya. Bas. LONDON:- Midland Bank Ltd;

NEW YORK: Irring: Bank Columbia

Trust Co..

THE

COMMERCE AND FINANCE

HE

Final Dividend of 40- Canta.

The Directors of the Hongkong Tramways, Ltd. recommend a final dividend of 80 cents per share pay able after the date of the forth coming ordinary yearly general meeting of the company, to be an nounced in due course..

This "amount makes. a total dividend for the year of $1.10 par share, and, subject to audit, layes to be carried forward a sum of $115,020.94.

HONGKONG TRADE,

Chamber of Commerce Market Report.

MAIL.

EUR INDUSTRY

Philippine Islands.” Advantage *Over: China,

In view of the free trade-relas tions between the United States: and the Philippines and the tariff advantage of the latter over China in agg exportation to the former country, the egg industry in the Philippines faces a bright future, according to the bureau of com- merce and Industry,

NOTIRICATION

THE Ofices and Stations of the Chinese Maritime Customs for Kowloon and District will be closed cor public business from the 12th to 16th February, 1926, inclusive ma

NRM. SHAW, Jetlog Commifoner of Cáinser Vistoma

Kowloon and Distrion Tork Buildings, Hongkong. 2nd February, 1928.

HONGKONG HORTICULTURAL

SOCIETY.

In the new American tariff law gassed on September 21, 1922, sub- Tatantial increases were made on

the duties on egg and egg products THE ANNUAL SHOW OF imported into the United States, FLOWERS and VEGET- the Philippines being exemptedABLES will be held at Volunteer from these Impositions The pre-Headquarters on THURSDAY, sent tariff carries a duty of eight tith March. 1926. conts per dozen for eggs in the shell, six centa par pound for frozen, and 18 cents per pound for dried eggs, it la said.

frozen

Entries will Definitely Closz' at I. pm. on MONDAY 1st March; 1926 at the Hon. Secretary's Office, but it is hoped that intending Exhibi- tors Will Send in their Entries As Early As Possible.

The fortnightly prices current report of the Hongkong General Chamber of Commerce states:-

Cotton piece goods and fancy

The tariff act of October 3, 1918, cotton goods.There is nothing-to

however, had eggs in the shell on report.. Cotton quotations show

Schedules are now being printed little or no change Le. Mid Am the free list and carried duties of

two cents per pound on frozen, and will be posted at an Early Dats, 10.71d. "Spot." Eg. Sakel 18.35d"

Members who have not yet Paid Cotton yarn-Conditions remain one cent per pound on

unaltered excepting

albumen (white), ten cents per their Subscription and All Those practically that values show further decline Pound on dried eggs, and ten per who wish to Join the Society are of $4 to 35 per bale.. Nominal centum ad valorem on the yolk kindly Requested to Send $5. Im- The substantial increase Trommediately to the Hon Secretary, quotatioña ara-No. 108. $170/190. No. 162..

these duties made, on dried eggs is Mr. E. B.C. HORNELL c/o Mears3.. No. 128. 8185/195.

significant to the islands industry Jardine, Matheson & Co, Ltd. $200/206. No. 208. 3205/210.

Hongkong; February 3, 1926. and would benefit. the local pro- Arrivals ni Shipments nil.

ducers, more than those in any Bar-other country, it was explained.

Sales H.

Unsold stock 4,500 bales. gains 3,500 bales..

The dried egg industry is an im- portant industry in China, but is Woollens. None. Market dead. Raw cottona-No sales to report,hard hit by the tariff. Metals.Spot business stagnant

with few enquiries forward.

Flour market report-Stock: About 450.000 sacks. Market:

Every description of Banking and Quiet, on account shipments up Exchange Business Transacted. Corre-country suspended; also small en- spondents throughout the world.

A ROLLIN, "Manager. Hongkong, 1st December, 1925..

quiry from outports. Quotations. American Patent, $4.30 per sack; American Straight, $3.55: Amer- ican Cut off, $8.55 Shanghai Flour, $3.45; Australian No. 1

$3.56: Canadian Cut. off, $3.10.

Window Glass-Markét quiet. Very little movement of locall

SHANGHAI SHARES.

Big January Settlement..

The January settlement of the Shanghat Stock Exchange took place on the 25th instant, and so fartas this organisation is con- cerned, is understood to have pro- ceeded on more or less satisfactory lines: For the first time in the history of the Exchange, a clear is understood that the total of SugarMarket dull.

cash to change hands was in the Saltpetre.-Stock 12,000 bags,region of six lacs. Quiet market, with absolutely no demands.

Pald-Up Capital' .... ST. 88,400,000.00 THE CHARTERED BANK OF Resoul Fund Frm, 59,687,298.54 INDIA, AUSTRALIA & CHINA. stocks on account of restricted ex-ing mouse was established, and it

- Banglesk

Canton

Battambang

Nighyll

Fort. Barard

Haiphong Hankow

BRANCHES:

Hano! Hongkong Monicize Koumen Preeta Peking

Proay-Punk

KANKERS!

Pondicherry Prison Shanghai Singapers Plantain Thartno Yannanfu

IN FRANCE: Comptoir National d'Escompte

da rig Credit Lyonnais Banque de Paris et

dos Pays-Boa: Crodit Indadriel et Commercial: doclete Gmorale.

IN LONDON: The National

彌

Ratomy Musli da Parla; Credit LyonnRİB. IN NEW YORK: JP Mor& Gas French American Banking Corporation; Guaranty Trust Co. of New York,

· Intems allowed on Current Assounts and Fixed Deposita according to semngement.

Every daription of Banking and Exchange Bailou transoled

A. LECOT,

Manager.

Hongkong, 11th December, 1925.

NEDERLANDSCHE HANDEL MAATSCHAPPIJ.

ÎNETHERLANDS TRADING SOCIETY)

Batasxanım 1994; Romkous Brazon ŰrtartDECEM 1906)

J

Authorized Capital 3,150,000,000 £12,500,001

Paid-Up Capital.... 80,000,000 & 6,386.87 Barve Fund ... 20,498,961 31711/480

Special Boerre...G. 202,850,000 1,588,

HEAD OFFICE:--Amsterdam EASTERN HLAD OFFICE:-Bataria.

BRANCHES:- ~

Bombay Bandiermain Bandowng Calista

Überibad Djeca bir Diokarta The Hague Kobe

Kota Radja

Padang

Penen

Macamer

Palvinbang Pentlara

Bottardum Samayang

Pingapore Taga!

Medan Pacalongan

Fansoon

Shanghal

Boarabala Borakarta (Enia, Tilatja Weltevredien

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

DESCRIPTION.

M. J. HERBSCHLEB,

Agent Hongkong, November 4, 1924

THE

YOKOHAMA SPECIE BANK, LTD,

Established - 1880,

Capital (full paid-up)... Ten 100,000,000 Käserve Fund „..akaira

***** Ten·89,500,000

Head-Ofon:-YOKOHAMA

ww

2. Branches and Agencies at;

Batavia Bombay,

Mtuerios AyronE.

Calcutta.

Cantonio

Changchun.

Dairen (Dalny).

Newchwang. New York. Osaka... Faking. Rangoon Rio de Janeiro, Baigon

Veertien (Mukden), Ban Frannfaño,

Hamburg

Hankow

Hondltid

Karschla Koba London.

Shangha

INCORPORATED BY ROYAL CHARTER, 1858.

HEAD OFFICE: LONDON.

Paid-up Capital

Reserve Fund.

£3,000,000 .......£4,000,000 Reserve Liability of Pro-

prietor ........

.$3,000,000

FOREIGN, DESHANGH 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.

A. H. FERGUSON, Manager. Hongkong, 16th April, 1925.

ports.

THE BENGUET CO.

Par Share Value Reduced.

Operation N

!

Otherwise there appears to have been some difficulty in arranging the settlement-this on the part of the outside brokers, it is stated. Locul rubber shares have dropped HOME. 20und in value, as be tween the middle of Doocumber and

que to ore survey, for a period of the present day, and this would about one year: further explora-account for the difficulty experi- tions, made possible through the co-enced in certain cases in meeting operation of the National Coal the settlement.

Company, which has loined a dių- It was generally understood, mond drill and operator to make however, that satisfactory arrange- tests below the present low level of ments had been made. "G" and a reduction of capital For a monthly settlement Novem-" stock valuation from PU.70 to PD:10, her was considered large, but it THE BANK” OF TAIWAN, LTD. the difference to be made up in a is understood that that of the 25th

(Taiwan Ginko.)

J

Incorporated by Special Imperial Charter, 1899.

Capital Subscribed

Yen 45,000,000 Capital (Paid-up} Yen 89,375,000,

HEAD OFFICE:-Talpeh, Formosa.

Osaka.

BRANCHES:

CETbsi, Hankow, Amo stockholders of P0.80 per share, of

Foochow, Swatow, Canton. OTHERS: -Hongkong. Singapore, Soorabaya, Semarang, Batavia, Bombay, London, New York, Calcutta.

which," as has been said, P0.40 will be paid.

CONTRACTS. PLACED.

THE HONGKONG ROPE MANUFACTURING CO., LTD.

T7ITH reference to the Notice W to the coreholders of this Gmpany dated 29th October, 1925, whereby the Final Call of $6.00 per share on the New Shares was made payable on 1st February 1926, instead of 2nd November, 1925, the General Managers and Consulting Committee have de- cided, in view of the conditions prevailing at present, to further extend the time for payment of this. Call..

given that the date for payment of Notice is accordingly hereby the Final Call is postponed to let April, 1926, and that the Form of Bankers' Receipt already sent to be used as Shareholders can. though the date named therein were the 1st April, 1926.

For THE HONGKONG ROPE MANUFACTURING CO., LTD..

SHEWAN, TOMES & CO.

..

General Managers. Hongkong, 27th January, 1926..

NOW READY

THE CHINA YEAR BOOK 1925.

Then Ever.

capital return to holders two-for January-was very much thirds on January 20, and the re- larger. It is, of course, Impossible mainder just as soon as develop-to get a sound estimate of the ments warrant, probably on the total involved. Whereas the gen- usual dividend days of March 31eral impression is that between 70 EDITED BY H. G. W. WOODHEAD, and June 30, were decided upon at and 80 milions were involved in the meeting of the Benguet Con-the December quarterly settle- solidated Mining Company held at ment, which is always infinitely Large And More Comprehensive the local office of the concern heavier than one of the ordinary recently.

monthly ones, the, only figure The number of shares, 2,000,000, which has been mentioned as re- JAPAN: Tokyo,, Yokohama, Kobe,remains unchanged.

The present (1925-6) issue of They have gards the 20th is in the neighbour the CHINA YEAR BOOK is again FORMOSA: Gran, Kext, Karenko, hitherto and for some period been hood of 10 millions in the way of considerably larger than any of

Keelung. Bokoto. Nante, Shin carried as at P0.70, par. They will turnover.

its predecessors. The Chapters Talebu, Tainan, Takao, now be carried at P0.10, necessitat:

on "Mines and Minerals," "Educa- Toyen, Haitoh, Taltob.. ing at that reduction & return to l

tlon,"

"Products," Labour," "Opium," "Commerce, "Ship ping." "Currency," etc., have been rewritten and brought up to date The president informed the meet-

The Report of the Shanghai Child ing that an ore survey had been Contracts have recently been Labour Commission is reprinted completed and that as a result of placed, for the erection of a new in full in the Chapter in "Labour.""" the findings it was certain that the telephone exchange for Manches-"The Political Summary" describes mine would continua to operate on ter. The building will cover an events up to the end of March, its present basis for about one year. ares of nearly 4,000 square yards, 1925. The Chapter on "Defence In the meantime the plan is to will be 270 feet long, from 60 to 100 appears at the end of the Book churin Talaging Japan Indo-China, ar, India, have 2 diamond drill operator feet wide, and tan storeys high. It New Chapters include a Summary

Tile, Jr Africa, ho Interact allowed en Cerrent Acounts, and Fixed sound beneath level "G" with an is to house a staff of 1,500, and will of Medical Events." "Political Deposits at entos which will be quoted on appiinidea to ascertaining whether or not take about three years to complete. Parties," "Taxation" a "Biblio-

T. TAKAGI, there fa "pay dirt" below that levels;

Мадара.

graphy for 1924," and a docu- Should the teats prove favourable Joseph Booth and Brothers, mented Chapter on "China's Con operations may continue indef-

Rödley, near Leeds, have received stitutions and Election Laws" nitely.

Should it be found, necessary at away Company for the supply of FRANC SETTLEMENT ARE orders from the Great Western THE TERMS OF THE GOLD the end of the year to close down one 15-ton travelling crane, to be INCLUDED IN AN APPENDIX. the plant, it is understood that the erected at Barry Docks, and for machinery and equipment will be two 6-ton travelling cranes for the

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

The Bank boa-Gerrerperdent in the Commerale! Centrow in the Earopian adsman, Brain,

HONGKONG BRANCH:

3. Des Voeux Road Central, Hongkong, 1st November, 1926.

THE BANK OF CHINA. 行銀國中

(Specially Authorised by Presidential Mandata of the Republic of China. on the 22nd of November, 1917);; Authorised Capital ... $60,000,800.00 Fald-up: Capital $18,278,300.00 Barve Fund

Won 4 9,829,115.24

HEAD OFFICE: PEKING.

HONGKONG BRANCH:

4. Quem's Road Central Branches and Sub-branches, all ́over. China and Correspondents in Europe, America, and other pants of the world: London Bankeras The National Provin

sia) and Linion Bank of England, Le The

Company of Naw

New York Bankas:

National Bank

The

The Equitable Trust Company?

held with a view to its transfer eventually to one or another of holdings now being closely pros ¡pected.

THE

MERCANTILE BANK OF

INDIA, LTD.

ÇẾ KHAD-OFFICE 2: 18, frenaschurch Blewet, London, 1. 2. 3.

Authorised Capital

Panarth Docks..."

J. W. Brooke and Co., Lowestoft have received an order for four 45- h.p. six cylinder heavy duty motory for the Royal Air Force.

Hollings and Guest Birmingham, have secured two contracts for the supply of hydraulic plant to the High Commissioner for India.

Belf!! rosy (Manchester), have ontracts for water-Altra- borough of the Coalville

Supply

PRICE $15.00 NETT.

Obtainable from ELLY & WALSH, LTD.,

HONGKONG.

'and'

COMMERCIAL PRESS, LTD

CANTON.

THE NEW FRENCH REMI

THERAPION NE THERARION THERAPIÓN NĚ

If in docht May requires do not hesitate to VIER JOR

* FANS berast opālos na tu muitabiliY

blesama. Concha.

easily and taking): Chambe

coating it puts

throat and Which the trou

KING EDWARD HOTE

TEA DANCES

WILL BE HELDE

TUESDAY — THURSDAY

DINNER DANCES

WILL BE HELD EVERY

SATURDAY

SPECIAL

CHINESE NEW YEAR EVE FANCY DRESS BALL

WILL BE HELD ON

FRIDAY, 12th February, 1926.

Dancing 8 to 1 am.

$3.50 per head

·TABLE RESERVATION SHOULD NOW BE MADE.

WHY

one

peyer recognize then l The International Cleaneri

will make these old clothes Took 10: clean and naw, everyone will think they've. Just come from the tallora,

our

canac.

Remarkable what Scientific methods. complish with last year's suit on wrap! And it cost so little to put now life and freshness into old clothes--{ when, you have it done by

THE INTERNATIONAL DRY CLEANING & DYEING CO. A

19, Wyndhaus Street, Hongkong:

NATURAL MINERAL WATER FRENCH GOVERNMENT'S Springs

VICHY CELESTINS

In bottles, haЛf and "olize

Gout, Diabetes, Rheumatism, Gravel, Arthritis

VICHY GRANDE-GRILLE VICHY HOPITAL For Indiysation.

For Liver Jemble: and BillonsO888)

Aefuse substitutes. ---- Mention parte of Spring required.

PUN

YIOK

оно.

LAND & ESTATE AGENTS Telephone Central No. 911–1987, 35, Queen's Road Central

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HONGKONG'S OLDEST NEWSPAPEI