SHIPPING.
THE HONGKONG TELEGRAPH.
MERICAN EXPRESS COMPANY.
BANKERS AND FORWARDERS.
READ
ESTABLISHED --- 1841.
OFFICE-65 BROADWAY, NEW YORK.
CAPITAL AND SURPLES-U. 8. $25,000,000,00 LONDON OFFICER—$4, QUEEN STREET, E C
6, Haymarket, 8, W.,
11. Elbury Stress, S. W.,
Branches & Agencles-throughout the world. General Banking and Foreign Exchange. We maintala Foreign Trade and Travel Bureaus. American Business a Specialty.
STRUTHERS & DIXON, INC.
T
OFFICES: San Franciscs and Seattle, U.S.A., Shanghai, China: Manila, P.; Kobe, Japan. Saigon & Hongkong.
berating the boda na far haven
1.5.A. PACIFIC COAST - JAPÁN, CHINA & PHILIPPINES.
For SAN FRANCISCO Direct.
U. S. S. B.
S.S.
S.S.
s.s:
BRAVE
COEUR
4th May. 1920. "ELKHORN "
7th May, 1920. Vessel now in port loading.
►
WEST HIMROD "
15th May, 1920.
ALSO
COSMOPOLITAN SHIFTING 19.
NEW YORK.
GREEN SINK LINE,
NEW YORK.
HONGKONG OFFICE: 1st Floor Powell's Building,
12. Des Vœux Rd.
Telephone ons.
STRUTHERS & DIXON. INC.
Green Star Line
or NEW YORK 6a HAVANA, SANTIAGO,
CIENFUEGOS and it sufficient inducement
vices MATANZAS
S.S. "CUZCO "
sailing from HONGKONG 7th May, 1920.
For Freight and Particulat apply to:-
Telephone No. 2008,
NOTICE
Yorkshire Insurance Co.
Limited.
ESTABLISHED 1884.
The
Undersigned AGENTS for the above Company are prepared to ACCEPT RISKS. against FIRE at Current Rates,||
SHEWAN, TOMES & CO. AGENTS.
· MARTIN'S
APIOL & STEEL
PILLS
A Pack Kredy let ali Terequlauskien Thousands of Lalita niwack keep a Desk
Jay the $241 mian ulase Triegularis f 150 Systens a timely lata 213y be afr
baktereid. Thong who juve them perad
them, hener theit 451 Le Cate All 1 betmuarA AND ST My sell thema Throughout the World, or post tym k MARTES, A bemust, Samuthing so the
uvets
MARTIN'S
APIOL & STEEL
PILLS
COMMERCIAL NEWS.
PROSPECTS OF JAPAS'S FOREIGN
TRADE
SATURDAY. MAY S. 1920.
BANKS
THE BANK OF CHINA.
(Specially authorized by Fra sidential Mandate of the Republic, [of China on the 22nd of Noveras
ber, 19173)
Authorized Capita 1.860,000,000.00. Paid up Capità................. 12,279,800,00| Reserve Funds ......
3.197.400.00
HEAD OFFICE: PEKING HONGKONG BRANCH: wa Connaught Road Central Bran- ¡ches and Sub-branches all over China and Correspondents in San Francisco, Singapore, and Tokyo. London Bankers The National Provincial and Union Bank of England, Ltd.
It is curious that while the Japanese Government has optim-f istic views concerning the future prospects of Japan's foreign trade,į this does not find endorsement)
the leading Japanese The Commercial and Papers. Industrial Bureau of the Depart- ment of Agriculture and Com- merce has recently published statistics concerning the result of Japan's foreign trade during the first quarter of the present year. In the opinion of the authorities, it is not likely that such industries as raw silk, cotton manufactures, baburae, etc. will suffer a sudden slamp so longas econumir circles; in Amerika, which is the largest customer of Japan in these lines, remain unchanged. Commenting upan this, the Oaks Asahi states that such a view has no founda- tions at all. It says that American economic circlea
are already
suffering a slump as a result of the diminution of Europe's credit) in the eyes of America and this
New
York Bankers-Irving Trust Company.
Interest allowed on Current Ac- counts and Fixed Deposits. Terms on application.
Every description of Basking
Business transacted.
Loans
granted 021 approved securities.
Special facilities fo: Home
Exchange.
Interest on Fixed Deposits at the following rates:—
For months 3. per annum For 6 months 4. per annuma For 12 months 3. per annum
TSLYEE PEI
Manage.
THE INDUSTRIAL AND
BANKS.
ASIA BANKING CORPORATION
HONGKONG.
We handle all financial transactions incident to Foreign Trade.
Current Accounts kept in Gold Dollars, Sterling and Local Cürrency.
We offer to put Importers in touch with American Manufacturers-and Exporters, through the Use of the Special facilities of the Foreign Trade Bureau of the Guaranty Trust Co. of New York, which are placed at our disposal.
HEAD OFFICE:
NEW YORK.
OTHER BRANCHES:
SHANGHAI PEKING
in
HANKOW MANILA
TIENTSIN CANTON
CHANGSHA
Manager, Hongkong Branch.
COMMERCIAL BANK, LIMITED. THE MERCANTILE BANK OF
HYOfice Des Voeux Road, Chazzal Hankowe Branch: Rowan Cozeramica,
DOMESTIC & FOREION BANKING.
INDIA, LIMITED.
Bad Chem 10. 4.43mph an
Street, London, 1
SERVICE PROMPT. Current, Savings, and Fixed Deposits bear Interest at Rates Kapita 2, 4, 5, respectively,
J. USING LY Hongkong, 7th July, 1919.
HOW TO AVOID
sinmp is welcomed by A INFANTILE AILMENTS.
! in general 33 2 relora
(SOMPI TOUMTalions, TheTS"" are
thus signs of precaution in Ameri- ran economic circles, so it is
When there are diseases Pr Lopen to much doubt whether valent in the season, it is most America's demands for Japan's dangerous for Infants and 90 isperial prolust, will continue to great care must be taken in feed- He as large as bitherto in future.ing them with proper tood; other« The Osaka Asahi draws atvention wise they will give Mothers to the small increase in the a lot of trouble. To avoid that
STRUTHERS & DIXON, INC., Japanese turn of these special trouble is to feed them with
Agents, GREEN STAR LINE.
Powell's Huilding.
CHINA MAIL S. S. CO., LTD.
SPECIAL SAILING
S. S. "NILE
· HONGKONG - SINGAPORE.
The S. S. "NILE" will sail from Hongkong for Singapore direct on Tuesday, June Ist,
at noon, relarming or about June 14th.
For full particulars regarding freight or passage apple te,
O. H. RITTER,
Telephone. Passenger Dep...... Taphone. Freight Dept. & Agent..
Agent.
1994.
2161,
} Pap} Y's Anshupand
·Reun» Fust and
BANKERS
The Bast of England
£1,370,500
PEY DON 240.50
The Làn don Just ( 154 je Mi Iran i Bank, bra
BRANCHES
Fashar
[+]
Hagg
נית 31*
Kath
Ka Bhana
Si Ya
Peein
PONAKANO BRANCH
Meet. Imarrastin e Banking and berbangs
D. .M. BIGGAR.
1
BANQUE INDUSTRIELLE
DE CHINE.
FRENCH MASKY.
Mathildareal Subastion2 Capital raitur
150, DOU, SED 75,500,000
BANKS
11
HONGKONG AND SHANGHAI
BANKING CORPORATION.
Paid-up Capital
Reserve Funds
Sterling...
Silver
$15.000.000.
...* £1,500,000
$23,000,000
Reserve Liabilný et 'Proptivist» $13,000,000
ZOEKT OF RIIKUTORS:
1. VYD. PUR—CH4 +21&a. 3. 1 Comptan Puj - Deputy Chairman.
Hon. Mr. J. Judastas
£ M INshell. [1.
UTM has Ex
1a 8. Gabbar, Fut
en
P1 Tah
Lo Lang B
W. L.Patien Jobs
Phats, Che
Ebiet Ganader? Uonth=12:58. A STARB, 11g,
Master
Shanghaima STEPNES, To
LONDON BAYKERS: LONDON • DUNTY 153 WESTMINSTER,
2 PARK'S BANE, LIMITED. kreasi ardurYTS opened and PIXIS DEPUNITS Mocsived lat 600 YEAR 17 aðerten
valde which will be quent
PRESNĖS KE Applicatia.
N. J. STABB Chief Manager,
Hongkong, March 1st 1920
HONOKONO SAVINGS BANK
THE Business of the above Bank in rattaatso be the ThNKONG AND SHANGHAI BANKIND AORPORATION.
Roues may be obtained an applicatiua. INTEREST Ao depenatan down
nataly käianera at 838 per KATUR: For the Bagtɔng and Shaopka Rasti Berta! 1971.
N. J. STABB,
Chief Managet.
THE CHARTERED-BANK OF INDIA, AUSTRALIA AND CHINA.
15 corporateabe Royal Eater 1951
PAID-UP CAPITAL
RENTEVE FUNK
RESERVE LIABILITY AS
PROPRIETORS
DOO, DO
£3,000,00
FOREHEN TAUHANGE and Geners! Baar 192 buses transact
CREST ALKOTETS 15roid 17| TIGER PEROSITS Morved for 1 year ne amptes peted at extra which will be gawind {pilatora
J. L. CROCKATT,
Manager.
Hongkong. 11th April 1914.
BANK OF CANTON LIMITED.
50.com HEAD OFFICE, HONGKONG
thehenean Republi
*-:34 Bump |
Cenatal Wanate
INAL DEFICE.
Tai Sunt-Lazare, PARTS
BRANCHES.
T
t
Haphone
***
Lexus
Whe
New York
Sha
Dep Mag
ito ng
*ANIES.
Ang KamAZRE
IN VRAKUT
products during the first ginner | LACTOGEN which resemblesį of the current fear compared human milk, easily digested and THE BANK OF EAST ASIA LTD. with the corresponding period the promuter of healthy appetites.
of last year. Prices na the It keeps the Infants ghriving and other hand
-how
+
creat free from all infantile Ailments.
zia. Compared with. The
|same period of last year, silk and
habute showed a rise od V.DuMo
and Y28,80 per kin doring the
period under review, These
therefore the possibilitgot Japan's trade in these lines suffering al great blow once pires in Japani fall. In the official statistics afue mentioned, it is stated that of the important Drone of import. mumbering 18,21 showed
- „finöreuse.dprijs the pachet-agder consideration as compared with
the corresponding perivi of
Jast year. According to the Official Cement.
اده
Taw
articles, except wrullen cloth. consist
industrial material fertiliser and chinery, all of which will addi considerably to the export trade) in the fulness of time. There is therefore nogroned forpessimism. Our Osaka contemporary takes
總代理泰
ACTOGEN
HEAD OFFICE:-
#
No. 4, Queen's Road Cent
Paid-up Capital ... $2,060,566,00 Reserve Fund
200,000.00
Directors
afe Bags W* TING. Grantmu.
BER
21
Sweet thro-rə! porn families Enveloppement dat immere at de in istri en Franc
Lenten Pasta and Mia) Baat Line? INDALE YOEK: Patong ke tig
"upgradeplante Fa *** instal
Interest
TELEGRAPH ATTESA
PRIDANKISH,
ANA As a Fel Impeachman Komal Purpenna an das Gold Tarma in apsticati it.
STATS Pgation of Parking and Exo5822*
perial fans the Frenen en de
ST ROTET E JOCESAL
WAY.
Higging Mth May 19
#
L KNO
152+02
Pathan Flong shek Phang bah Manage! -Kan Time P
BANQUE DE L'INDD-CHINE
(FRICH BASK 1
and Ex-ass-
easted
Dh
粉
SHIU FUNG TAI & CO. Sole Agents for Hongkong and South China.
So, 41 & 45. Connaught Road Central, Hanzibar. Telephour Soe, 1909 & 1080
exception to the view, saying PEAK TRAMWAYS CO., LTD.
that more careful scruting will present a different case. Firstly.)
raw
TIME TABLE.
it Cas
it will be a long time before the above machinery and materials come to contribute to the export trade, and secondly, 114 when the slump comes, as it
ARDINE, MATHESON & CO., LTD must in the near future, it will
ENGINEERS & LAUNCH BUILDERS. MARINE MOTORS OF ALL POWERS IN STOCK.
Works:-Pootung, Shanghai.
Bole Agencies:-Sterling & Evinrude Motors, Makerr
"EWO" Motors....
sociated British Machine Tool
Makers Ltd.
Boller Enamel
niño Ltd, (Leather-cloth L Igar Allen & Co. Ltd.,
Toci Sinels &c.)
"Sarco" Steam Traps, Temp rature
Regulators &c.
Linotype & Machinery Ltd. Pulsometer Engineering Co., Ltd T. & W. Smith Lad. Wire Bopes). Imperial Light Led.
30 me
בק פ*
NIGHT CARS.
26
9mm
1
m
15 m
1
Timin
14 mea
370 y na 50 m
10 marmites 11 #puter
SATURDAY EXTRA CARS.
1 m
SUNDAYS.
be impossible to make goods For export with
ang reason- able margin of profit "from these raw materials of price. If is true says the Asahi, that the import of raw materials and machinery will add to the export trade in the future but the question is how Japan is going to pass the turning 1211273 point in trade which is still a long way ahead and must be reached before a return for ber present) oatlay can be looked for. Viewed in this light, the future prospects! of Japan's foreign trade, concludes the Asahi, do not "allow of the entertainment
of any
such
optimistic views as are held by the authorities.
12:50 mwa to 1.00 p.19
5pm. 30 pm to 12.000 pr. my
£50b.m. in 6.50 p.m
***
3.00 .
NIGHT CARS.
A sa Week iray
10 IN
20 min
15 mi
1) sin
15 min
30 min
SPECIAL CARS. |_arrangemens at the Company's 90ce: Ålezzpára Ekding", Des Vews, Kind. JOHN D. HUMPHREYS & SON,
bez dekription of Bankin
Iracted.
الدين
TOTARA ILAAnd, forment liegreit Atenti
the rate and time mans per annum salon #um Emprimita at the Patan Ng raun-
Fur Clevis be as the estates an For 5 months at the vapenda tu per anna. Fe at the sate per shk
Roy
1- 8:12 by Rue Lazzie, Paris,
13.150.000
$0.200.200.
BRANCHES AND AGESUIRA,
Flask
Bangkok Battambang
Filte Haiphong
Care! Masager'
Man
KAN TONG 19
B. Felonany 124, 19
THE BANK OF EAST ASIA LTD.
司公限有行齪亞寬
w
Head Office
An. 4. Queen's Bond Central,
Paid up Capital $2,000,000.00
Directors.
+
Pon Wai Ting, Chairman
There Shou Son,
3 Kan Ting Po Mr. Chas Ching 55ek Str. Chan Ras Ming. * K. X42.
25 L Kim Chun A Mak Chisz Konz Mr. Wood Tun Ticz
Fanz Ping hu
Be Se Chang Lak
Chief Manager.
Hr. Kan Tong Fu.
Asst. Manager.
Mr. Li Tam Frog,
Every description of Banking and Exchange
brakanaan téansacted.
· Loans prapted be approved smearišten fateress allowed on Cuteen: Depot Asconsi st the rate of 2 per cent per awam, and ca Flend Deposita as the following entou: — Fe 3 months at the rate of 31 per ADACÍS. fur mike at the rate of 4% per Cha 10 10. F 12 no at the rat of 5% perenz)
KAJ TORO P
Chizi Mansger
W
Spea
Pup Priinr Phom-Palin
BANK CRX
Sam Shanchar
zapor Tiepte:
The 34
tatark
FOREIGN EXCHANGE and General
Transacted.
Banking Business
INTEREST ON FIXED DEPOSITS.
For 3 Months 3'; per annum.
For 6 Months 4 per apOWER. For 12 Months 4% per annum.
LOOK POON SHAN,
Chief Manager.
THE YOKOHAMA SPECIE BANK LTD.
Even 1734
Pakuntapal Remme Font
To what
TEN 198,349,000 - Yes $100,0 Te
HENDA KAPITT, TOKOUTAMA
Framchanga 3 Aptosimet
$1,000,000.
Radg Foren
Steaze kr
K
Kb
Lunda
Yo
Fichi'a
Linga.
San Francis
Ibang 0
422.1
Shanghai
Fonzie Worten
Inst
Han
E
!
Yer Y-t
Ispat
Harban
Pekin!
*-mant-
Tonera's
Nagasak
Serbwang Sumbarum
Azdars
Tab
Internet allowed no Mappe, Jengeneza sprecent for dand perine) at tatay sa Latest 5 applicatio
27 HARIDZUMS
Manager
Honghong, Lib. Kərab 159
INTERNATIONAL BANKING
CORPORATION.
1
bagai) kẹ the National Caty Bank of New Yor**
HEAD OFFICE: NATIONAL CITY BASE BUILDING
53. Wall Street, New York
APITAL, SURFLER 975 UNDIVIDED PROFITS...
3. 1.008,000 H.TS. fierra, Preussleni and Ge eral Manager.
IN PRAMER. Compteur Savional Erump:
- Parit; Fredi Lermaniu; fascine.
· Parle -Jos PAT R; C Industriel es Chasezat NosToTH | LEIRIMISE DEFJEE: 56, Bebopagat-, E.C.
STOKS HEPi! P: 27. Planie Inken. SAS
IN LONDON: The Trional Prolabial and
Inion Bank of England L21, ('reg)
Sational d'Escompte de Passes Credits Iyuman.
IS SEW YORK: 2. P Morgan & C
ford Allwedd an Externt Azevante sa Fixed its scent)ing te arrangem
Every deccription of banking and exchange)
business transarter
L BERISDOAGKE,
Fong, October 21st, 19:3
THE CHINESE MERCHARTS
BANK. LTD..-
司公限有行姬商身
FAD OFFICE
Alerandre Boitdiny«, Chater Rowi
General Buošiai ant Eisbunge boulders trapascled.
Ermos pranied na approved margrizler,
Carreus Accounts opened and Fland Déposits received at rates which may be asceriained on sprijection.
The Bank sinn coudnete a Savings Deppet- MĀ.
DANG THI
|
לו -
PANCISCO OFFICE, 732. Monizimers
FASTEES BRANCHES :
A: Shanghai, Peking. Tantoin, Hanton, Hongmog. Canter, Harbin, Tyingi. JAPAN: Yokohama. Kabe PHILIPPISEN: Manila, l'eba.
DTA: Beber, Faluta. Ranzma, STRAITS SETTLENESTÄ iph DUTCH KARE IN DIES: Rasai, Koerslag
CARIBBEAN BRANCHES REPUBLIC OF PANAMA : Panama, lot. DOMINICAN REPUBLIC: Man' Bookinge Hancher, San Pedro de Dienste, Sauline Puerto Plat
DRASCHER OF THE NATURAL CITY BASE OF SIW YORK-
ANGESTICĂ: Buense Altos, Romasiz. CRAZIF: Bahia, Feraanibare, Purto Alegre, #
de Janeife, Santos, Ina Frilo.
CHILPA Nasrines de t'hile Talparai
KREQUAT : Mageskiber.
VENEZUELA : Carsese, Narain
FTBA-ORANGHRP-ES- WATATA "AND" "TY"09"
TIFE PRINCIPAL FITTES OF GEBAL
PORTI RICO :San Jose, COLUMBIA !Meš«Riw
RASIA: Moscow, Petrogrd,
SIDERIA: Vladivostock,
ITALT: Groun..
TRINIDAD: Fuck of Hips a
CHINESE MERCHANTS AND INDBYDEAL CHINESE DEPOSITORS ARE OTIKLEB EVERY MOUEUR BANKING SERVICE
fommerviai sud Tesvelest Latiars vi Credik. Bit of Excham • and Cable Transfer hats, jo HUNGKUNG Branch, #, Queen's Hard Conne pla
3. 6. MAREĦALLIS
„sed solet.
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