1926-03-06 — Page 2

HONGKONG AND SHANGHAI THE BANK OF EAST

BANKING CORPORATION.

HEAD OFFICE: MONGKONG.

ASIA, LIMITED.

HEAD OFFICE: HONGKONG.. #

authorised Chalál ***... #60;000,000 || 18, Dee Varz Road Central, Hongkong.

Lasood and Fully Paid up... $20,000,000

Rosaryo Funda;-

Sterling.....£t 500,000

Silver......$24,000,000 ̧.

Rosorvolality of

Proprietorne

820,000,000

COURT OF DIRECTORS:.

D M. Bernardy Tag -ChaiDIDATU Hon Mr.. A. Qi Lang, - Doputy Chairman

4.EL. Boll, Equ

1. E.Compton," "Bequ

2.A. Plummer, wi..

TMPH. Halvask 1. While: Fa W.. L. Pattentiva, Bau G.M. Young, Hup,

CHIEF MANAGER:

"A. H. "BARLOW, Esq.

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

LONDON BANKERS; Westminster Bank, Ltd. CURRENT ACCOUNTS Opened: in: LOCAL CURRENCY "and TECHD DEPOSITS received for one: Your Or shorter periode in: Local Currency and «terling on terma which will be quoted

on App Wention

Hongkong,, 274 February, 1930.

BONGKONG SAVINGS BANK

THE

NEE business of the above Bsak in. conductart be the HONGKONG: AND SHANGHAT BANKING CDR PORATION Rules may be obtained on andiloation.

INTEREST on deposite le calonlated on the lowest balance during each com- plated: Calendar Month at 3 par cout.. per annum. Should thera, bo no balance on any davinin month no in berant will be allowed for that, month.

•

Depositors may transfer st their antion Balanan: of 8100 or more to the HONGKONG & SHANGHAI BANK bobo vinood on FIXED DEPOSIT" ab CURRENT RATES.

For the HasxONG & SHANOMAL

BANKING CORPORATION},{"

A. EL BARLOW..

Chief Managaz..

Hongtong, 7th January 1925.

Authorized Capital

Paid-up Capital

Reserva Fand: (1926)

...$20,000,000 5,000,000

3,200,000.

DIRECTORS:

Hon. Sir Shou-sou Chow-Chairman. Fung Plag Shan Mok: Ching Kong Li Koon UhuD: Wong Yun Tong

F. E Kwok

Nr: Ching Lak

Fong Wal Ting

Fayab Tal

Kan Ying: Po

Chan Ching Shek

7

Byery description of Banking and Exchange business transarted. Loan

(ranted on: approved securities.

SAFE DEPÒSIT BOXES to let

"HAN" TONG> POL

Chief' Manager.

Hongkong, 8th Fabrasry,, U39.5).

行銀商工法中

BANQUE FRANCO-CHINOISE pour le Commerce et L'Industrie (Incorporated in Franco);

5, Chater Road, Victoria, Hongkong. HEAD OFFICE: 74, Bae St. Lasare,

Pari

4

Capital

Fre 30.000,000 Reserve

Fre 11,100.000,- Special Working: Capital ... Frs 50,000,000; —

BRANCHLES

Bram:

THE CHINA MAIL.

COMMERCE AND FINANCE.

BANK PROFITS;!»

Dividends of Big Concerns.

THE HOULDER LINE.

The Value of Investments.

A FINE EXAMPLE.

The directors of Barclays Bank now follow up the announcement of the dividends with the statement. of the year's profits and their method of appropriation. The not profit, at £2,280,837, shows a very Shipping, men must look upon substantial increase over that for the story recently related concern.

"The Journal of Commerce in a leading article says

TOBACCO DEAL.

State Express and Imperial.“

Combine..

"Mr. Barnett Glucksteln, has re cently disposed of his, shares in Ardath Tabacco. Co. ("State. Ex- press") to a financial house - in London......

This house, and Mr: Albort. Lavy,

last year, and, as is the case withing the progress of the Houlder chairman of the company, have other banks, is the largest recordLine as one of the most stimulating formed a holding, company, to ed since 1920. The dividend, and encouraging episodes in a very which will be tranáfurred the though maintained at the same gloomy chapter of British shipping whole of the shares in the Ardath Inte; costs some, £38,000 more, but history. Mr Frank Houlder the Tobacco Co., Ltd, except 125,000, the remainder, of the increase in chairman, and Sir Frederick, W.

six per cent. Preference shares profits is devoted to the various Lewis, Bart spoke quite quietly held by the public. reserve funds, the contingency about what this old-fashioned and account receiving £500,000, against solid concern had achieved in the no flag.. £260,000, and the premises account past year. There was 2160,000, against £200,000, while waving about it. But the cold £36,048 more is carried forward facts displayed on the balance In addition to these appropriations, sheat showed at once what a fine it is: announced that the reserve example this steamship company

11

Like a truly conservative con- the Houlder Line is

fund of the Bank has been in presents. creased to $9,250,000 by the trans- fer of £1,000,000 cut of the realised cerní, profite from investments! A three thoroughly modern. In the Upwey en comparison of profits. Is ap-Grange it has the largest fully re- frigerated motor vessel afloat, and pended

-1924. this has been entirely paid for out of the company's own resources, 2,067,281 was the previous new steamer, 619,686 the "Hardwicko Grange, built in 2,586,9671921. The company pays a good 1,585,431 dividend,. is franeially secure;, addy 200,000 more each year to those reserve 80,000, funda that matter, and ia so, solfa 200,000 that .even if the revival in trade 520,536 does not come soon, and Sir Frederick Lewis does not seem to think it will the company can go on paying a good dividend and can remain as secure as over.

N

Parla Balkon

Paking! Canton

Σχολική κ

Marseilles Halphong Hans!

Mentala

1926. $ 2,289,857 Pront Brought in... -020:686, 2,830,379 Available ... Dividenda... 1,629,789 Premises a/c 150,000

Widowa

Hongkong.

Contingencies

600,000

Car. forward

536,584

Banque

Profit

1,891,066

Brought in.......

Available...

600,265 2,891,331 1,672,645

100,000

BANKERS:

FRANGE Social Generale.

Nationale de Credit, Banque "de Paris et des Pays: BAR, LONDON Midland Bank Lid

NEW YORK: Irving Brak Columbia.

Trust Ob..

Dvory descript of Banking and Exchange Business Transacted. Obrre

BANQUE DE L'INDO-CHINE.spondents throughout the world.

HEAD OFFICE

A. ROLLIN, Manageri

Hongkong, 1st December, 1925.

16, Boulevard Enzasman, Paris

Subscribed Capital ....... Fem 72,500,000:00: Pald-Up Capítul Fr.58,400.000:00:

Fra 59:887.288:54 THE CHARTERED BANK OF Leserva Fund

INDIA, AUSTRALIA & CHINA.

Pondicherry Bleom Planchali Kingapore

Bangkok

Reitanliang

Clinton

BRANCHES

Handl Hongkong Mancin

Bilbonth

Koumei:

Pazard

Pant

Fiontalni

Faithong Hankow

Pokine

Pantana

Prom-Prah

RANKWE:

Fonranta:

IUPRANATE Camiktoir Nationallal Ekornssite: der kring Credit: Leamusing; Beaquacis Parient Him: Paya-Band Gredit Industriot Commercial Kortala Banangla,

IN LONDON, The Natioast Provincial & Malon Bank of Englandi Bills. Marpleir Na innake Recompte de Paris: Credit Lyonnais

IN NEW YORK; J.P. Morgan: &: Goa: Prosol Amanlan nking Corporation: Fuaranty Trust Co. of New York!"

Interest allowed on Current Asante and Fixol Papasite: apsoding to arrangement"

Erary simaription of Banking and Exchange Basipas traninotel

A. LACOT

Написот Hongkong, 11th Decomber, 1925..

NEDERLANDSCHE HANDEL

MAATSCHAPPIJ.

A

NETHERLANDS. TRADING: SOCIETY.)

· Establiesen 16:34 Hanemone BRÁNON ESTABLIɣım 1996 ..

Authorized Capital 3; 150,000,000 $13,800,581: Puld-Up Capital.... 90,000,000 £ 8,508,374 Eserve Fund, G. 20,388,8611711198 Special Reserven, G. 23,040,000 £158;210 HEAD OFFICE:—Arsaterdam. LASTERN HEAD OFFICE:—"Batavia. BRANCHES:— Bundlermin Bandung: Bombay Cilenita Therthon Djember Djakjakarta The Hague Kobs:

Macamar Medan

Kota-Raulja

Padung

Perang

Bollerdana"

Aingapore Tagal

Palembang Panlongan

Fontianak Rangoon

Samarang Shanghai Boerabain Boerakarta (Bile Tjilj Waltevreden

LONDON "BANKERS;~ National Provincial Bank, Ltd. Correspondents all over the world. BANKING BUSINESS OF EVERY DESCRIPTION..

M. J. HERBSCHLES,

Agent. Hongkong, November 4, 1924.

THE

YOKOHAMA SPECIE BANK, LTD.

Established 1880,

Capital (Tail paid-up)., Yan 100,000,000. Reserve Fund a...............es Tez 80,500,000-

Head Onco:-YOKOHAMA,

Branches and Agencies atg Batavia.

Newchwabe. Bombay,

12 New York- Buenos Ayres.

Calcutta.

Ckatop Changchun

Dairen (Dalny),

י

Osaka Peking

Rangoon.

Tangtion (Mukden). San Francisco,

Kamburg.

Bankow. Barbin, Honolulu.

Karachi Koba London.

Rio de Janeiro. Baigon.

Seattle. Semarang. Bhangha Bhimanorekt Singapore. Boerabaya. Avdney. Tie-tain

Vladfrontaci

Internet allowed con Current Accounts. Deposits rscafund for Azad perioda aš autes to be obtained on application.

Hongkong, 125h Hostanker,

INCORPORATED BY ROYAL CHARTER, 1853,

HEAD OFFICE: LONDON.

Dividenda

Premises a/c Widows is bring

1923:

F

Contingencies. 200,000 Car.. forward... 518,680

It is true that the Houlder Line is an old family concern with a amall capital; two big factors Jowards security. But if we wish

In this holding company the British American Tobacco Co., No Ltd, had taken an interest. change, however, will be made in management of the policy or Ardath, Tobacco. Co., except that Mr. Lovy is now not only chairman but also sole managing directos. "

The British-American Tobacco Company belongs to the Imperial Tobacco group..

Apart

from the Preferencë shares held by the public, the share capital of the Ardath Com pany consists of £360,000 of Prefer- red Ordinary and £20,000 of Ordin-

ry shares..

IN

SATURDAY, MARCH

1926.

NOW I WONDER WHO THAT CAN BE

Very often this in your first thought when you receive a message, to call up such and such a telephone number. You can find out enally, from the Telephone Handbook which gives the numbers in the numerion! "arder. You simply turn the pages, and the number,, and see who is, la that has been calling you

The Telephone Handbook can be obtained from the publishers, No. 8. Wyndham Street; price: one dollar.

HONGKONG MARKET PRODUCE.

to go further on the discovery of Beat Sirlata ............ its notable prosperity we find this Has really in the wise investment.

funds;,

The Investment of Funds. There are people who say a shipowning company should put all its eggs in one baskat.

Ship: owning: should be its interest. first and list.. But experience teaches The right investments otherwise.

Lloyds Bank. The directors of Lloyds Bank.re-of commend a dividend at the rate of 1s. 8d. per share for the second the half of 1926, making, with 'interim payment. a total distribu

ton of 18 per cent, for the sixth consecutive year. As In the case. however, of the other banks; the profit is the largest recorded since 1920, although strict comparison in-concerns entirely, different prove with previous years is impossible to be of the greatest.. value to the by virtue of the fact that on this conservative shipping company. vecasion the Bank's contribution to To declare that a shipping: com- the staff widows" fund has beenpany should not invest its furids in made before arriving at the profit outside interests is as wise as ad- ...,28,000,000 On the assumption that the latter vising a captain to take his ship was the same as in 1924, the profitto sea without "lifeboats. At a FOREIGN EXCHANGE and General shows, at 22,669,366, an increase time of disaster the lifeboats will Banking business transacted.

over that for last year of £200,000, suve 'alf the crew in just the same CURRENT ACCOUNTS opened andor about 8 per cent.. The main-way as the investments will save FIXED DEPOSITS received for 1 year or shorter period at rates which will be tenance of the dividend costs an the company. The present is a extra £45,000, and the balance of time of disaster in the shipowning quoted on application

"A. E. FERGUSON,

the increase in profit is applied to world, and the extraordinarily wise Manager,

the staff superannuation fund and Investments of the directors have Hongkong, 15th April, 1925.

the carry forward. The following saved the Houlder Line. table summarises the proft and less account" Agurea of the last

Paid-up Capital ...... £8,000,000 Reserve Fund!

•££,000,000 Reserve Liability of Pro-

prietors...

THE BANK OF TAIWAN, LTD.three years:-

(Taiwan Ginko.)

Incorporated by Special Imperial Charter, 1899.

Capital Subscribed Capital (Paid-up);

Yen 45,000,000 Yen 39,875,000

HEAD OFFICE:-Taipeh, Formoss.

BRANCHES:

JAPAN-Tokyo, Yokohama, Kobe,

Osaka: FORMOSA:Giran, Kagi, Karenko, Keelung Bokoto, Nanto, Shin- chiku, Talchu, - Tainan, Takao, Tamsui, Toyen, Haitoh, Taitok. CHINA: Shanghat Hankow, Amoy,

Foochow, Bwatow, Canton. OTHERS: Hongkong, Bingapore, Scerabaya, Semarang, Batavia, Bombay, London, New York, Calcatta,

LONDON BANKERS: London County Westminster and

Parr's Bank,

The Bank has Oprapondenta iniha, Commerstel· Centres 18 the 24ropean Continent, Russia, Man- cheria Tengine, Japan, Inda-Chian, Wiem, India, Philippine Inn, Jam Africa, a

Intarit Allowed in Current Accounts, and Pizod Danckarot mites which will be quoted on applios

T: TAKAGI,

Manager. HONGKONG BRANCH:

8. Des Voeux Road Central, Hongkong, 1st November, 1925.

THE BANK OF CHINA, 行銀國中

(Specially Authorized by Presidential Mandate of the Republic of China on the 22nd of November, 1917). Authorised Capital.....+ $80,000,000.00 Paid-up Capital . $18,278,500.00 Reserve Fund -9,829,495.24

HEAD OFFICE: PEKING,

HONGKONG BRANCH:

4, Queen's Road Central.

..1926..

£ Profit...

2,569,366 Brought in.. 610,351 Available 3,085,717 Dividends.....

1,901,422

· 250,000 Premises a/c Widows, etc.. +- Pensions ... 400,000 Cur. forward 534,295.

1924.

Sir Frederiek Lewis definitely de- clared that the favourable position was due to the fact that the direc tors had carefully conserved their £ resources and built up substantial 2,468,934 investments apart from their ship- 608,923 ping interests. Over the last. Ove 2,072,867 or six years the revenue from the 1,855,506 company's'nvestments has exceed

.250,000 Bed the amount distributed on the

APPROXIMATE RETAIL PRICES.

Butcher Meat.

Eggs, Hon (cooking)..

Poultry.

February 3, June, June,

1028 1018 1014.

Cta. Cts. Cte..

lb1 45 80 81

each 20

February 8, June, June,

1928. 1918, 1914.

Chỉ. Cia. Că

思想 B.

32: 24

12)

Chicken

Prime Gut

32: 23

12:

Capons, Small

.99

60:

Corned

28: 151

Capons, Largo

23 .80: €58. 80

Roast.

82: 24 23.

Duck

48.

21

Breast

牛

20 30!

18

Doves

H

Soop.

ม

さい

#

21

28. 20 18'

per oz. 80

18.

Stoak

JA

牛肉。

32:

24

22

Eggs, Hen fresh).....

新鮮雞蛋

*40*25.

201

Steak: Sirloin.

45 80 315

Fowls, Canton

**

1b. 72

30

Sausages #

40

26: · 20).

Fowls, Hainan

P

€8. 29:

Bullock's Brains

per set: 15:

∙ 10

19

52 24

24

12/

M!

Tongue, frosh, 4.

"ench 801

60

60)

#auch – 48

80

17.

Tangue, corned 4)

» $1.00

60

82

28

Flend

» $1.501

-$1.20

H

Heart

b. 24 18. 14

Turkeys, Hen

85. 151 43.

Hump, Salt Ap

20

18:

М

Eripe....

Feet

F

each 12. .10

12:

Kidneys

15. 10 12:

期

H

Tail

20 26,

22

Liver

IE. 22 18

14.

Tripe 15

13:

复

リ

#

H

+4

Calves" Head & Feet.. Bet $1.20 $1.00-21.00 Mutton Chap....

lb, 55 26

Park Chop

לן ל'

Geese......onet.

Pigeons, Canton,

#

In 1, MDUJOH

Turkeys, Cock .....

Pheasant

Quail Partridges

火烧公

1b..$1.90

each 88

A pair $1,80

85.

www

? $1.50

Fruits.

Apples California)

Bananas (bride's)#

Cocoanuts

Lumens, China

Beach

Carambola...an

Oranges (Canton)

Pears (Canton),

Oranges

*#*

3:*ཨྰཿ ཡམ། །།བཅུགཤ}}

201

Log

55 28

Shoulder Saddle

35

58

24

JJ

鞍

661

Pig's Chitlinge

H

40

Almonds

#

00

Braing

Por.bet. 3

ro

UR

20

21

Feat

1b. 20 16

6

Fry

#

"

$0.

16

18

羯桃

12

H

Hend

#1

04 20

14

10 10

"Heart

each 18

10

to

15

7

Kidneys

12. 10

Lemona (America):

pr:

金山摶嫌 each

-8

Liver

猪

ib.

53.

$0 24

"Lichecs, Dried

90 25

猪排

42: 25

23

新會甜橙

15

F

45.

$8

"

"

48 38

37

#

"18

.28. 21

Peanuts

14

1:0:

per set. 90:

80

70:

Persimmons, Large

12

each.-18.0

8

7

Plantain

6

15

12 10

Pumsło, Slam

sach 14-12-

55

26

26

Walnuts

lb. 16

15

H

26

26 22

Graper

60

32

20. 18'

55 26:

24

38

20

19

40 20

20

82

H

野

Lag

Loin...

Fat. or Lard...

#1

100,000 ordinary share capital of the com- Sheep's Head & Feat.. I

250,000pany. In other words, any profits 616,851 carned by the ships, plus surplus

Proft

1923. £ 2,047,116.

Brought in Available

498,343

Dividenda.

2,545,459 1,841,535,

{i

Premises b/c

Widows, etc.

Pensions .....

,100,000 100,000

Car, forward v. 503,923

the

* £500,000 transferred to bank premium account from the gule of investments.

On this occasion the Bank's contribution to the staff widowal and orphans' fund has been made before arriving at the profit..

LATEST WILLS,

Captain George Beaumont (late King's Liverpool Regiment) of Farnham, Surrey

Gross,

נו

income on outside investments,

狰

Heart

Kidneya

Liver...

have been retained for further Sucking Pigs, to order. H atrengthening and developing the

company's resources.

And what is the result?

Where the Company Scores.

The dividend, which fi 1923 was

牛羊仔仔

*******

Saet, Besf

Mutton

H

Vaal.

Sausages

No.

Fish.

Ib.

Catfah

Codist Crabs

7% per cent.. in 1924 was. 10 per cent, and although 1925 was the Barbel worst year ever known in shipping Bream. the same dividend was paid in that Canton Fresa year, in spite of the severest diffi-

Water Fish. culties and the fact that the drop- in revenue was over $20,000, This! Carp is simply the result of a sound, old-fashioned conservative policy, and it is further evidenced, when

Cattle, Fláb we look at the balance-sheet for

Dab the last three years, in increased reserve funds, increased insurance Dace funde, and increased depreciation Dog Fish

Bals,, Conger funds.. £87,182 M Frank Holder and Sir Frederick Lewis were, at, their annual meeting, two very modest men; but they had much to be proud of., More than anything else 30,881 they should have been proud of

Halibut.. the fact that it is the old spirit. of caution and courage, linked with Labrum

Loach.. 21,578 enterprising conservatism, that has

built up British shipping and that Lobsters of Yarmouth, Isle of Wight 20,221 will ultimately bring it back to.

prosperity. Nothing else will Monk Fish

Mullet... THE MERCANTILE BANK OF This was clearly and definitely.

shown by the achievement of the Oysters.... Houlder Line the inst year.

The Parrot Fish various reserves amount to no less

Mr. Thomas A. Hart (77);'

of Roundhay Leeds, builder

Mr. John C. Forater (78), 1. of Andover, Hants

MrB. Mary M. F. Memes or Maxwell "of. Goldenacre, Edinburgh..

Miss. Florence J. Kemmis,

INDIA, LTD.

HEAD· ·OFFICE).

16, Groscharoć Rzest, London, 1, 0, 1

Authorised Capital

Branches and Sub-branches all over China and Correspondents in Europe, America, and other parts of the world London Bankers:-The National Provin -- plal and Union Bank of England, Ltd. The Guaranty Trust Company of New

New York Bankast en The Irving

National Bank,

The Equitable Trust Company of New

York

Interest allowed on Current Accounta

Subscribed Capital Paid-up Capital ..... Reserve Fund

33,298

£8,000,000

1,800,000

1,050,000 1,800,000

The Best of Ragland and Ward L

· KRANCHIS); Langkok Galla Batavia, au MICROWN,

Borba

than $850,000, a striking testimony

Н

Fresh. Water Yellow

Frogs Gareupe Gudgeon Herrings

Mackerel

Parch Pike

to the very prudent way in which Plates

Prawna

the resources have been conserved. Pomfret, Black After the payment of an excellent Portret, White dividend there is this year a carry- forward of over 286,000 This is Ray- where the real strength of the Rock Fish position of this famous company Roach Hes. It encourages, tan bapentine pribadizka

Rua Continuance of bad Shark conditions distributions to ordinary lenta.

and Fixed Deposits Tags on applicationONGKONG MARCH SA

oby dorption of Ehaldag tripulsetalaphareholders will go in the same Shrimpe

yy description of Banking Bus ness transacted."

Louna granted on approved securitien, vomita ester then may bi tocarikling af pakk

[facilitian TopHome ExolanEE

TRINEN PER

WAY. "If only some other "com- pantes, in other industries, would follow this fine example we could Tend Lauretch out our hands and touchi

the trade revival

尾肚 术

黃雅海谈 賀田石白將黃鳥賞芒花

་

28

Artichokes

Bearas, Sprout

Long

Feet Root

Bitter Squash

לו

Vegetables, &c.

177

24

16

18

Brinjais, Green

26 16

27

20

D

Red Cabbage, Chinese,

20:

25

(Shanghai)

50 28 .26

Cane Bhoots, bunch...

16

10 2

Cauliflower (Large) ..

16

(Medium

.10%

9

(Small)

10

Carrots

16.

Celery, Chinese

18

$0

20

** Â* Â 2☎ESAANRA

во

B2

26.

.85

ទី៧. អ ន ឆ ង់ ឌី ឌី ១ ខ្នង ទ្វ ឆន់ ឆឌ

92

.30

15

18

Cucumbers Gazlic

18-28

18

24

60- 82 21

80.

20 20

4282 28 88182

竹染丹斯瓜瓜瓜菜菜鲜花花花绛染干椒椒料瓜阿宾藻

*

襲穿豊紅苦擔紅芬棒季大中細金抹紅膏架青藤于

***

辣椒

འི། བ་ བ ལ ཙྩོ ༅ ཚོ ༤ ༤ ཟ ད ངའང་བན་དེ་སྐྱོབླ་འཚོ་བ་ལ་ནས་བདནྟིཾ་བ་དབླ༤བÀབ ལ ྤ

each 10

6

12

each 2

8

10

8.

6

15

sach 18

-No času 11.

18

10

6

12.

25

5

紅花椒

20

16

18

13

10

10

10

düch

0

8

82

30

-10-10

25.

10 10 22.

Chilles, Dried.

Red "Greon

Corry Staff, English

Ginger, Young

Old

....*I**

Borseradish, Shanghai. (#) # each 80 Indian Corn

•Lettuce Water Chestnuts

Mandari Mushrooms, Fresh Okrock ...

Onions, Bombay

Japanese

American

80

14 D

38 20:15

20 :10. 72.28

9

Green

14-

Shanghai

20

50

·80% 80%.

Parsley „Potato, Bwrdet:

8645

: 24°

8218 18

Pumpkin

40 22 16-

Radish

Spinach

80

28

Turaips

Wate

桂林肉雞

*60