1924-07-07 — Page 4

Chios Underwriters

Union

Douglases

H.K. Steamboats

II.K. Taga.

Indon (Prof.)

Indon Dof. Lon/Reg.

Indon Dof. H.K, Rog.

Bholls

Forries

Water-boato

07/

2.

10

4.80

42/-

នំ នំធំជំ

THE HONGKONG TELEGRAPH MONDAY, JULY 1924

(Incorporated in England-1826.)

With wildale to Kasia tail. S THE ALLANAWAD BANK, LED'

INDIA. Authorized Capitai ... „£1,000,000 Subscribed and Pald up....12,594,160 Reserve Fund........................ £115,000 HEAD OFFICE: 183, Leadenhall Hiresi, London, M. O

WEST LONDON BRANCH:- 14-16, Cookspar Bireel, Loados 3, W.

EASTERN BRANCHES: Bombay, Calcutta, Karachi, Madrau, Colombo, Singapore, Hongkong and-Shanghal

C. CHAMPKIN, Manager,

LIMITED..

READ UPTIGE!

Ro, 19, Des Vaux Road Central, Goughodz.

BETABLIND AN

-

$10,000,000.00 6,079,000.00 760,000,00

London Bankers (~The Midland Bank, L14. Krapy decoription of Banking and agehangs business traveled. Approved Marilou.

LOBBI Kysstad DE

BANKS.

NEDERLANDSCH INDISCHE HANDELS BANK

(Netherlands India Commercial Bank):

Established 1863

Faid-up Capital and Reserve Fond Gläs. -75,009,000.-26.210.000-

HEAD OFFICE: AMSTERDAMU EASTERN HEAD OFFIULI. BATAVIA,

BRANCHES:

Amoy, Ampenan, Bandoeng, Bombay, Caloutts, Cheri bon, Gorontalo, Hongkong, Kobe, Makassar, Medno, Monado, Palembang, Pekalongan, Probolinggo, Somar ang, Shanghai, Singapore, Boorabaya, Swatow, Tegal, The Hague, Tjilatlap, Weltóvrodon, S

COLRESPONDENTS ; LONDON Midland Bank, Ltd. NEW YORK Farmers' Loan & Trust Co., and in all the prinoinal towns of the world...

EVERY DESCRIPTION OF BANKING AND EXCHANGE BUSINESS TRANSACTED, CURRENT ACCOUNTS, DEPOSITS, etc.

J. M. E. NIKKELS,

Manager,

EARLIER TELEGRAMS.

Romo, July 5.

THE LONDON CONFERENCE. The British Government's letter of Invitation to Italy to attend the London Conference says the main aim of the conference will be to forgo an instrument of accord formally pledging the contracting parties to the execution of some of the suggestions of the Dawes roport, which will be signed by the Allies and Germany. Tho Instrument might be in the form of a protocol is it is intended to avold any appearance of desire on the part of the Allies to modify the Treaty of Versailles. The British Government favours fixing in the protocol the date whereby Germany can complete legislation and other measures she'ls required to adopt and a later dato, perhaps, a fortnight after the first date, when all economic and fiscal aauctions at present.onforced on Germany, which interfere with the economic netivities of Germany, will bo withdrawn WN

HONGKONG AND SHANGHAI IKTERNATIONAL BANKING CORPORATION considers that the task of deciding the question of flagrant non-

BANKING. CORPORATION,

HEAD OFFICE HONGKONG.

Authorised Capital ...850,000,000 Issued & fully paid up$20,000,000 Resorve Funds

Starling Bliver

Intofent allowed DE Corrine Depot Reserve Liability of

'Ascounts at the rule of Two pir Outs, per abad, on Baying Áðrinute Four pes mini DET SUNBED, and on Fixed Deponite at the fellowing raton |--

·

For month at the jute of 2% DIY BEAUM For i malbe mk the rate of 4% per antics

£,4,500,000 $25,500,000

Proprietora............$20,000,000

COUNT OF DIRECTORS

W. L. Pattenden, X«‚—02@IIMARY

Par 11 months at the rate of 5% po? KAUD.D. P. Belt, Res.

ΚΑΝ ΤΟΝΟ ΡΟ,

SHARE QUOTATIONS.

P: 80.`BANKING CORPORATION, LTD.

Stock Exchange.

'Sharebrokers' Assocļation..

Banks.

H.K. & 8. Bank

1147

1147

(London)

b,

£132

Chartered Bank

£19

Marcantile Banks A & B b..

£2914

£2912

Marcantile Banks O

b.

£124

.P.&O. Bank

b.

£124

£1214

Bank of E. Asia

8.

05

Marine Insurance.

Canton

B.

675

630

ote. 95

B

North China

$140

140

228

228

Yangiaro

b.

2814

2814

Fire Insurances.

China Firas

ს.

150

150

H.K. Firos

t.

575

675

The Corporalios vadartako „Gasera! Baablas and Exchange Butingan of avary description and in addition to ite Branches kas Arancias in all the priori- pal sitios of the world.

Shipping.

57

50

374

B.

3716

34

394

1 Downs Road Central," Hòngkong

38

110

35

THE BANK OF BAST ASIA

110

110

82)-

82/-

08

96

161

16

Refineries.

Authorised Capital

China Sugara

257

253

Paid-up Capitāl

Rovervi Fuad –

Malabon

46

-46

A,

Mining.

Benguet Conaldi

J.

P. 34

Kailan

b.

68/-

Langkata Combined

b.

19

Rouba

5.

Tronoha

n.

41/9

Ural Caspians

11.

14/-

Docks Wharves, Godowns &c.

H.K. Wharven.

b.

195

b. 194 an. 196

K. Docks

Π

151

BA.

-147

Hongkow Wharves

b.

196

Now Engineuringe

.b.

6.10

b.

615

Shanghai Docks

T1,

94-

n.

94

Lands, Hotels & Buildings.

H.K. Hotols (cum rts.) b.

17

1734

Do. (Now) Prom.

b.

17

b.

16

H.K. Davolopments

h.

.1.20

b.

1.10

H.K. Landa

112.

H.K. Realty

6,

214

B.

214

80. 2

H.K. Territories

1.

A

Humphreys Estato

Princes Bldg.

2214 150

2234

n.

150

Cotton Mills.

Ewo Cottons

12.

11

A.

Orientals

4

8.

Shanghai Cottons Old

T.

GO

55.

n.

35

Miscellaneous.

Badbang

- b.

B

2234

2214

Charlbos Dimber

·

Djukjabar

M.

614

Robe

b. 14 now b, xa, 9

n. 14 old n. 9

The Hague

China Providents

Old B.

15

剧。

16

Now

8.

514

n.

S

Constructions

8.

634

4.

634

Dairy Farms

b.

Ba,

28

6.2714 so. 2716/M·

Dor A Wing (f.p.)

1.

10

n.

10

(p.p.)

Па

212

f.

214

Electrics H.K.

Old b. 34 na. 35

b.

35

Electries-Macao-

.38.

Hongkong Ropes Old I

20

b.

2014

H.K. Ropos (Now) Prom. n.

7

7

Hongkong Tramways b. Lane Crawfords

39

b.

.b.

10

3314 1514

Mackintosh

11.

2244

Poak Trums

Old 1.

1814

Now b

4.20

1854. 34

1314

n.

13.60

34

.

-34

28

2812

15

20

27

Shanghai Cottons Now

Canton Icon

Comonts (cum rta.), 9.

Do. (Now) Prem

China Light

Do.

b. 111-6. 112

Peak Troms

Sincerea

Taxia Watsons Wm. Powells Nanyang Tob.

Hongkong, July 7, 1993,

HONGKONG SMALL INVESTORS

Cements Combined

WE BUY

Chins Lighin. Hoogkong Book

Union Insurance Powell Dairy Farms

Waterkonts

Breamboats

Star Ferris

Telephone 4080

WE SELL

Approx. yield

Watson's

74% per annem.

Developmealt

Underwzliari

Cements

71%

Honkong Hotels

7+%

Wharvas.

61%

Bank of East Asia

8%

and various other lott

ཊྛིཾབྷཱུ

5-houses and Beveral building lots for disposal. Houses and

flats required and for rent.

-ASIATIJ BUILDING (A.P.C. Bldg.) -

EXCHANGE,

(Opening Bate: closing Bate on` Page L.)

BELLING.

--- 2/4.11/16. 5 m/s. Prates 10.85

F/T. Ban Teanvisos und Nam

2/44

20 ₫/s. 8an Francisco and Paw

York

£

4 mja. Mark

Nom

Đ

$ m/s.

•Demand, Termany,

11.05

Demand, New. Iörk · newnew 61%

T/T. Bbanghai vergesse

Now

T/T. Bingspate

1024

T/T. Bombard wo Demand, Bombay

1681

T/T. Japan · Vedendaa

T/T. Calouste

T/T Indle

.163)

Demand, Calon tie

168]

Dimond In 24a szemen

On Yokoham

123.

Demand, Manila,

4.104

Xerk

7

61

Demand; Singapore

2400

„Domand, Batavis

T/T. Mázku and marke

On Wiphang

.10.25

On Baigos

graduersariined in

On Bankokundant tour Boversiga Gold Leaf'per Tasl

No Nom 775

B.17

L/O.

84

%, D/P.

Vand Mo

#}5.11/18 forward-set #5.13/10 Han. of England 18.00

- Wew York)kottes i sim

24./15

SUBSIDIARY COINS.

·K/T. Franas vatsaare

Demand, Paris mesopotninumanel

3/9/15 Bar Bilrer immersed

40.23

Chief Manager.

doezlong, Zabruszy 15th, 1024.

NEDERLANDSCHE HANDEL -

MAATSCHAPPIJ. NETHERLANDS TRADING SOCIETY). BANK.

Fricklished 1824. Aosgkeng Branch established 1000

11. P, Malta, Esq.-Deputy Chairman

ZA. Plammer, Req.. J, P. Warren, Rag♫

H. L. Walina. Zaqa d.M. Young.

A... Compton, Eeg., Hoe, Mr. P. D. Holyoak A.0. Lang. Eng...

***

Chief Manager t A. G. STEFAN, MAG. Manager: Hongkong...a, it, Darlow, Ras Minggir: Shangbai G. II. Stitt, Boc.,

LONDON BANKĖRĖį. WESTMINSTERA BANK, LIMITED.

·Current Redzuate opened Je Loon! Curvenay and Fixed Deponite reseived for some year of whorter perioli to Local Currency and dierling on termales will be quoted on appticssion.

Hongkong, 7th. May, 1924,

Authorised Capital Ouilders160,000,000,00

ET,500,000.00) HONGKONG SAVINGS BANK. Pald-up Capital Qutiderė...... 80,000,000.00

(E 5,560,070.007 rare, Fuad Oulider 12,169,195,00

The Business of the above Bank insondunted 1,647,430.00) by the HONOKOMO AND SHANGHAI BARKING

CORPORATION. . Apecial Reserves Guilder... 27,060,000,00

- (£ 1,885,357,00) DRAD OFFICE:- AMSTERDAM. ; Kaitors Head Chips~ DATAVIA

BaadjezÍD

Bombay Caisutta

BARONG and

Kote-Badja Rotterdam Marktkr Emarang Medan

thingkar

Singapore

Palembang Bovračala

Teolongan Enes skaita(Holo)

Franzg Tegal

Fontibus Tatjup and Basgoon

Weltevzidan

London Baghera t-The Neilebal Provinatal and Union Bank of England Ltd..

Currespondeate all over the World. BANKING BUSINESR OF LVERY DFBORIPTION,

J. J. STAARGAARD, Loting Agent.

ORIENTAL COMMERCIAL

-BANK-LTD,

HEAD OFFICE:

# De Toenz ́Bond Denirai, Hongkon

BALKON KADANGICX—BUANGHAL, Correspundenis :-London: Westminster bank, Lid: New York | Nellonas Olly Bang Can Prunelio Unio Trust Co. of Santiago; fanton Dank.

Authorised Capital. 30,000,00 | Pald-Up Capital...$1,500,000 Modern badalag in all its banches Durrent BOOOLIDES BUTings aboʊuste...

xed deposite Rolluted lower granted on approved security.

Overeens booking a spoolkitty.

INTEREST.-Ouzre sesonats a per ades savings € per oui, ized Depoeltz, "a monib 4 par prai, monîké fi gor vest, 059 year

par sent.

Safe Deposti Boxes for Rent.

Our Vaulta safaguardad by time clock and donkia combination, armour pinte afes! doors

J., Y. LUM,

Manger.

THE BANK OF CANTON LTD.

Head Office Hongkong

Authorised Capitst

Paid by Capital ...

Silver finerya Pand

€1,300,000 1,070,530 700,000

Foreign Exchange & General Banking breiness transacted.

Intorent allowed on

CURRENT ACCOUNTS

2% per annum on daily credit Ealances of over $100,00 :-

SAVINGS.

4% per annum DEPOSITS

Boise may be obtained on appiluation INTEREST 1 depochis allowed on iha mlalmum megibly balanes at 35 per cani par

W

For tḥa Bơngkong mit Bangbai Banking Gorgaretion.

A. H. BARLOW, Acting Chief Manager. Hongkong. 7th. May, 1924.

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

Incorporated by Royal Charter 1854.

Paid-up Capital. Reserve Fund

.£3,000,000 ..£3,500,000

-Bnerve-Liability-off.

Proprietori

..£3,000,000

Forīgs Exchange and General Bank- ing hurious transestéā.

Current Accounts opened and Fixed Deposita ressivad for 1 year or skattar perioda at rates which will he geoted'os application.

A. H. FERGUSON,

Manager

Hongkong, 15th. Feb., 1924. 司公理管粱實法中

SOCIETE FRANCAISE DE

GERANCE.

DE LA BANQUE INDUSTRIELLE DE OHINE. ETABLISSEMENT FRANCO CHINOIS. (Incorporated in France).

5, Chator Rd., Victoria, Hongkong -HEAD OFFICE':

74; Ruo 8t. Lazara, Paris. Bubscribed Capital. Frs. 10,000,000 Paid up Capital ...Frs. 2,500,000 Working fund provided by THE BANQUE INDUSTRIELL DE CHINE' Frs. 50,000,000 BANKERS. FRANCE Societe General Banque and Nationale de Credit, Banque de Paris -ot des Pays Bas.

The Invitation proposes that the protocol Include a stipulation for establishing, In the event of a flagrant fallare on Germany'a part, of an authority that will decide with regard to non-execution of the treaty. The engagements into which Germany will enter, according to the Dawes, report, rank before those imposed on her by the Treaty of Versailles, and therefore, the British Government execution cannot be entrusted to the Reparations Commission, the functions of which are strictly determined by the Versailles Treaty. It is proposed that recourse should be had to the financial committee. of the League of Nations. The protocol will also include a clause Veylini à Dorplasje, U., 819,900,900 providing for differences is rogard to Interpretation. This stipula

tion will be referred to an International Court of Justice. The invitation emphasises that M. Horriot and Mr. Macdonald have not entored into any engagement and says it is proposed that as soon as the conference has arrived at a definite accord, that Germany bo invited to meet the Alles in discussions, but not for the purpose of being confronted with the document in it's final form, to bo accepted or rejectod.-Reuter.

(Owned by the National Olty Hank of -New York)

SABAHON BANGBLOMA BATAVIA

CALOTTHA

SANTON

GLAND

6BLO

DAIDEN BANKOM MARKIN

EINAD OFFICE.

34, Wall Biresv"; New York.

HOMOKORU

-GA TIDA MADRID MASTLE

··LONDON, OFFION

32. Bjabopezch, E.C

ВПАХОЦРО

PANAMA

PER 2004

PUERTO PLATA

MANGOON

AN UNAKO:900, dal.

MAN PHARDIMOD - DOMIN

AIR PEDRO de 100min-

JAKEN

The Left organs assert that the Opposition has deliberately" exploited and magnified the Incident with regard to Invitations to SANTIAGO DE LOS CUBILBAO the Conference with the view to torpedoing the Conference and

M. Herriot.

KANTO DOMINGO

BAKOTA

40TRAKATA

US NGAPORE

TEXTS1M TOKIO

ТОКОЛЬКА

Commercial & Travellers' Talieze of Oradi) in Site of Exober Abogato and Berlags Dant

sold. sacoupis opend and Fixed Deposits a local and foreign currencies taken at rates that way be averíained on application in the Bank.

We are also abisso' nëet our Customeru dža serviuta af ybe Branches of the Malienal Oly Bank of New York in the principal countries of Bouth Amerien kad is thi West Indies

·W, NONTE

* Easagu

'. Quaan's Bond Central, Hongkong.

BANQUE DE L'INDO-CHINE (BRANOH BANK.)

Hand Oerdi. Houčevaró fenisaka, Paru,

Capital

BIO...

w

F4.004,900

DRANOZES AND ADENOTES,

Bangko

Battambang

Canton

Djiborti

Haiphons

Bunw

[!

12

Konthong

*

Mongian

Monmen

Paperia

Fota-Fond

Zandiekerly

BANERKSI

algos Shangbe! Singapore Tonsilu

Took

| Comptole National d'Bravagis da Faris Credit Lyonnaise Bande Parimat des Paye-Bary Credit Indafiril et Commercial; sosists GunDYTAS. { LONDON

The Kasional Provinsial and Union Bank of England, Lad i Comptoir Wasional d'amompra de Faria, Dra01 Lyunanj

18 NEW YORK) 7 Pi Kurgan and Co.,

The air is somewhat cleared as the result of Lord Crowe's explanation but, according to an official statement, divergencies of Britain and France still persist regarding the scope of the London Conference, M. Herriot, M. Barthou and General Nollet, and departmental chiefs assembled at the Qual D'Orsay, drafted a tenta- tive agenda for the London Conference, which will be clrculated to the participants.

Commenting on the Paris newspaper report that the German Foreign Minister demanded prior, or leastwise simultaneous evacuation of the Ruhr as compensation for obligations oxcoeding the Treaty of Versalles which it is proposed Germany should undertake, the Zeit, Herr Stresemann's organ, says this demand has undoubtedly been made and emphatically declares that without Indispensable certainty in regard to military evacuation of the Ruhr, no final result can be attained by the London Conferonca-Router. “

Speaking at a banquet at the American Chamber of Commerce on the occasion of Independence Day, M. Herriott, the Premier, rocalled that America helped France during the war and added that the work started is not yet finished. He ploaded with the United States to aid repair of the ruin and misery of the world and to restore Justice in co-operation with France, who gives her utmost financially and morally with the view to peace or justice-Reuter.

Paris, July 0.

At an important meeting between MM Herriot, Barthou, Nollet and Clementel, an agreement was come to on the main pro- visions of the Note which is to be handed to the Allied govern ments before the 16th inst. In order to act forth the French" views. --Reuter.

U. S. PRESIDENTIAL ELECTION.

New York, July 6, The Democratic Convention-deadlock-now-overshadows. all other, latures allowed on Cxpress Accommia and events in America. The determination of the delegates was exemplified by Governor Brandon, of Alabama, when, on being asked Fixed Depoelle mosurfing to arrangemen

to foln the movement to eliminate "Favourite Sons," shouted, "Wo Benry description of dasking and michsage buvlunes irananased)-

will be here vating, when they kill hogs in the fall if necessary," A. LECOT. Manager.

The Chairman, Senator Walsh, in attempting to restore order, banged off the heads of the gavels, one of which struck the head of a New York' delegate, who was sent to hospital suffering from concussion. The humorous side of the Convention was exemplified by one vote for the well known comedian, Will Rogers.

Hongkong, 2015 Marok 2014

THE BANK OF CHINA.

1

Another tedious day of unfruitful ballding. Telegrams were (Specially authorized by Fres received from Mr. Ralston and Mr. Cox withdrawing their names. idential Mandate of the Republic Thereupon, the Indian delegation divided its support, giving twenty of Chine on the 22nd of Novom-votes to Mr. McAdoo and ten to Mr. Smith, whilst the Ohio delega bor, 1917.):

tion gave the whole of their forty-eight votes to Mr. Baker. What is regarded by Mr. McAdoo's adherents as a test of their strength, Authorized Capital..$60,000,000.00 occurred Into in the afternoon when they defeated a proposal to Paid up Capital... 18,278,600.00 adjours until the evening to reconvene to executive acssion and Reserva Funds 9,629,425.24 Invite rariqus candidates to address the convention,

HEAD OFFICE: FEKING

THO

The Democratle Convention adjourned after mid-niz'n Hongkong Branch. 4, Queen's Rd C, nixty-ninth ballot gave McAdoo 580 votes, the highest yet reached.

Branonse and Bub-beshobes all over China Silth 335, Davis 64, and Nowton Baker 60. and correspondenta in Rurope, America and other parts of heard.

LONDON MA of land, LAS

L1-The National P10- Fincial and Unios

The Gintranty Trust Company of Hiew Tech,

New York Lackerimli PELEE AMID Bucks. The quiiable Trust Company of

illeras allowed us Current Account and Every description of Banking banishes trans

Fixed Depozite, Terme on apptigation. ›

neved.

Loans gresied ̋ón Approvad soeuriilee Epor16J Tacititips for Home Ruahanga.

TSU YEE PEI,

Manages,

LONDON-Midland Bank Ltd NEW YORK Irving Bank for 12 months 5% per annum Columbia Trust Com

Every dosoription of Banking sy and Exchange Business transsot ad, Correspondents throughout

.6 3

11

11

37 On Domand 2% per annum BRANCHES-Canton Shang-the world.

hai, Hankow, Bangkok and New York.

LONDON BANKERS—— The

Lloyds Bank Ltd.

LOOK PDONG SHAN,

: Odjel Manager,

_THE_INDISTRIAL & COM

MERCIAL BANK," LTD.

HEAD OFFICE 1. York Building Chatër Rond; Hongkong,

MEBRANDHED SNA

P. DURNEIN,

Manager. THE YOKOHAMA SPECIE BANK LTD

Omplini (fully, galdi; ng) min. 18,008.008 "HEAD OFFION, YOKOHAMA, Bendekor und Agnelse sa

EHFAIR THE HO HONG BANK LTD Uncorporated in the Straits Setifemesta) Capital:

►

Cleveland, July 5. Senator Lafollette has nccepted an invitation from the con

stand for the Presidency. ference for progressive political action, Senator Lafolette termed Coolidge the "frank defender of organised wealth" and appealed to farmers for dupport on the ground that the Republicans and Democrats failed to give them relief-Reuter's

American Service,

Cleveland, July 6. The Progressive Conference has nominated Senator La Folletto as a candidate for the Presidency, and adopted the platform by acclamation-Router's American Service. -

New York, July 8. The Democratie Convention has refailed the measures ade Tanced for the relief of the deadlock, Including proposals to adjourn and reconvene in Kansas City on the 21st inst,, also to drop the lowest candidate on each ballot and to abrogate the two-thirds majority rule. The seventy-seventh ballot gave Mr. MoAdoo-513, 4. Mr. Smith 367 and Mr. Davis-76%1⁄2: Adjournment was had unti? ? $20,000 000 Monday,

8,000,000 A possible way out of the Impasse was indicated by a resolu 4,000,000 tion adopted calling on Messrs, Hull, Walsh and the managers

candidates to confer on Monday morning to try to break the dexd-

4,000,000 lock

Authorised Issued..."**" Paid up Reserve Habilition of

share holders Rosorve Funda 60 600,000 | The Cleveland platform sympathises with the aspirations for the

Head Office-Singapore freedom and independence of the Irish people, It Branchos Agencies and co106 ownership of railroads, and the restoration of the exc pondents in the principal olties of the lowering of excessive tariffs the ation

marketing corporations; the abolition of injureti disputes, and the control of menti

ing about International netion to world from the effect Klux Klan or of pre

| the world: 4 Sydn PHONGKONG BRANCH:

2013, Queen's Rd, O.

Every description of Banking Exchange business, transs

war and