*(TUESDAY," VFEBRUARY 117 TED19,
COMMERCIAL:
A DANGEROUS MEASURE·
$
And if this is done with success;
j there will be no reason to reduce the (areas of the Jaga sugar-estaten!
So, if we may venture to offer ad- vice it would be this; ler the Govern. ment leave the sugar industry alone the International Sugar Journal
if it sees no reason to strengthen it, the Mr. Martineau claimed that great success of the sugar industry and let take advantage of the fav in Java is due to natural advantages ourable position of the Java sugar coupled with that great capability on reserve to get, food in exchange. the part of the Dutch planters which The 1918-crop is practically sold, but exceptionally high pitch of perfect not wholly shipped yet.-Dutch
Ex Indian Reviera
has brought the Java industry to an
tion."
LIMITED.
YARN MARKET.
ITIFE CHINA MATL.
Messrs. Polishwalla & Kotwall, the Cotton & Yarn Brokers, report to-day. Ult. by, Str. "Diwara," our yara Since our last report on the 10th
market has not undergone any mater at change, except that a slight decline in the rates has been register ed owing, of course, to the Heavy drop in American cotton.
.
During this interval, the business. both spot and to arrive, has passed in about 9000 bales mostly in known chops of 10s and 129 yarn at a reduc
This judgment was used by other writers to stimulate the sugar plan- THE YANOTSZE POO COTTON MILL,tion of or bale, ters from différent British colonies to greater activity and the adoption of modern methods, efficient machinery and a liberal use of fertilizers. "One ton sugar per acte" is the slogan used in this campaign.
British India, an important market for Dutch Inulatt sugar, has already argely extended itsugar areas The Philippine Islands at last have also adopted modern methods and expect a bigger crop.. Cuba which has had some very prosperous years, is also extending and improving.
Yet in October 1918 one could read in Facts about Sugar
"Every calculation indicates that the world will be short on sugar for. years to come. Every producer sees. the need of additional working capa city.
That was on account of the fact that nothing pointed to a revival of
The peculiar feature of the market is, that notwithstanding the above decline No. 20s yarn has increased Report for presentation at the about $10 in price on account of no fourth adinary meeting of share-stock and less probability of any holders to be held at the offices of arrivals in near future, the General Managers, on March 5.
The General Managers submit a Statement. of Accounts to 31st Dec ember, 1918, showing the result of twelve month's werking to that date.
Tls.
35,000.00
The Balance at Credit of Profit and Loss is Tis. 403,794.52, which it is proposed to deal with as follows — To pay Dividend on 5,000
Preference Shares at 11 7% ... To pay Dividend of TIs. 0.80 per share on 200,000 "Ordinary Shares
L14
the beet-sugar industry of Europe. To add to Equalization of Mince then reports from France
that the beet sugar i
informed
US
Dividend Fend
Machinery
industry in the North of France, To write off Plant and now ireed from the Germans, was to be, revived as soon as possible. Of To write off Brick Buildings course there will be a shortage but To write off Reinforced Concrete Buildings... To create Cotton Flactus-
it will not last so long as is generally thought.
Moreover, there is no saying that the Java sugar will
tion Fund...... benefit by this shortage. It is not so
War To contribute to long ago that every other sugar
Funds........ country benefitted and Java ex perienced serious losses.. Java coes To pay a Bonus to Mill
..Staff.... not market the bulk of its sugars. in Europe. It is even in danger of losing in years to come that customer British tadia,
At all events it would be sensible if Java in order to be prepared for all possibilities could lower the cost of production and raise the yield per acre. But it is already certain that Java will have to pay higher wages and land rents.
To carry forward to New
Account ... dasminka
160.000.00
40.000.00
|
INTIMATIONS
TRAMWAYS OOMPANY,
LIMITAD
TIMX- TABER
SWINE DAYS, J
2.0, b 8.00 ...Every 13 minute -- 9.50 to 10.00 discredy, 15 mlottoma 10.30am, be 11.00 am,very 15 mipow
5,00 am to 130 Kaho Kary 10 minggu,
11.30a.m. po 13.30 p.m....Every 30mfnarbor 11.45 p.m. to +1.15 pomelivery 10 minute L45pm to 15 pinsbrary 10 min be 1.45m.to:15 pm.
g. Saturdays only.......Every li minah 1.30p.m.10 4.00 pmon Brary 30minut06. 1.30pm to 4.00 p.m. pok
Baturdays only, “Brary 15 geboutja, 49pm 8.00 pg 18 intakes pe 6.00pm...Crary 10 minutes.
JARS. 8.80p50 m. 10 p.m., 10.30 pag
FUNDAYS
~~8.00-name-bo-10+$
We close with a steady tendency. Latest cable advice from Bombay speaks of resumption of the mill hands' strike there and mille are 1080 11.00 BUTTO reported to have closed dow again. Coyne, to. 18 noopy 155
Total sales, duting this interval on to 1.8. Pathom my 10 min 1950 pln. to 1.30p,mrery:15 bika amount to 9,000. Bales.
Bargains in Chinese hands abo2.00 to 8p.krary 15 minutes.
5.30pm 600 posunktury DFunkertai 6.00p.m. 7.00p.m... Every 1 aboubes 14.000.bales.
1.00 pm, to 8:00 p.m...Kvery
The Mail Str. "Dilwara, and extra Str. "Hejaz" brought in 9000 bales, for Hongkong and 4000 bales for Shanghai..
יי
NIGHT CARS, se on Wack Dayà. SATURDAYS EXTRA CARS.
,1,30 pum, and 12 midnight. SERCIAL CARE by arrangement at the Company's Offos "buzzandra-BUILDINGE, De Voeux Road Central,
Shanghai reported during the early period, "a very meagre business at a decline of taela 3 per baie, but on opening of the market after the holl.
Samson and punch tickets avaliable for days, a very brisk business has been a pars not ready fall ronning the | done with prices advancing all round. | ima sinted in the Company's kimin tablys, Japanese Yarn. For some time but not for special mars, can be oblitzed past, the arrivals were very small on application, the Country Oran 80,000.00 and demand deing greater, prices No Son tick will be used up
payment therefor has been made in Bank have kept an upward course and roses or by Chegue of Compradors ozdar 5,000.00
with a rise of $10 per bale, following representing Bank Note, sales are effected during the interval. 15,000.00
Quotations and sales are as follows-150 Bales Nagasaki No.
·50,000.00 20s at $265/270, Bales 3 Horses No. 16s at $255, Horses No. 20s at $265 5,000.00 1500 Bales Yellow Joss No. 20s at $247/59/263, Setsu No. 10s at $215, Setsu No, 20s $273, Blue Fish No. 20s at $267.
9,080.00
Rex Cotton Bengal: no stock, 4,494.62 | Quotation $48 to 34 per picul.
Chinese: 400 small bales are sold Tls. 403,494.82 at $55 to 57 per picul.
TEA, COFFEE, AND COCONUTE.
With the termination of the thr The Java sugar industry cannot afford to take things easy in the there has been a speatly demand, at years to come and we would say that rising prices, for investments in tea, theD. E. 1. Government will have tocoffee and repr. Ta shares having handle this industry with care if it sets the least value upon it.
led the way, are now in scanty.sup The Government however deemed ply, and rendersi may find is advik.
it wise to reduce the sugar areas by able to increase their hoklings in
SOUTH DURHAM STEEL AND IRON.
V p
The adjourned 19th annual meet- Ing for 1917 of the South Durham Steel and Iron Company, Limited. was held at Stockton-on-Tees. Vis count Furness, chairman, presiding, said they were at last in a position to submit the figures for the twelve months ended September 30, 1917. 25 per cent, on account of the rice such companies dis Malayalam and The divisible, profits, after making scarcity in Java. The sugar planters the Rubber Trust, which are interest-provision for income tax, deprecia- remonstrated and said that they could easily get the amount of fooded in both producte. Coffee still tion, and special reserve, amounted that was needed. They pointed to the looks promising, and in spite of the than in 1915. At the same time heavy loss this reduction would inflicte rubber-cum-coffee" shares are the directors had deemed.. it upon the patives who probably would
Coconut prudent to refrain from increasing
not use the fields they got back and expected to go higher.
to £935,532, or about £56,000 more
thus lose the wages to buy food with shares, too, are wanted." One of the the not inconsiderable dividend of But it was of no avail.
20 per cent. paid, conserving instead - This is a very serious blow for the oldest and hest coconut companies the tesources of the company, inj Java sugar industry, the effect ofStrait Plantations--has just is order that they might be in a posi which will be felt a long time after wel its annual report, showing that tion to meet whatever unseen dif culties might lie ahead. With that, wards and may lead to all sorts of 1,200 tons of copra manufacture object in view it had been decided to dangercus consequences and complica during the year at an f.o.b. cet of create special reserves. The direc tions. The areas have been extended £10 18s, 2d. per ton were sold locally tors had carefully considered the lately in order to decrease the cost- price. The result of a forced redict the wet price of £15 0s. d. per policy with regard to post-war con- ton, after leducting sale changes. ditions, especially in view of the tion is obvious.
production. of consequence of shipping dificul coming increased
The position of Java sugar on the world's market is favourable for the But there is no saying moment. how long this will last. The favour able position mainly concerns ready sugars stocked now in Java, as will be shown by the following note from the editor of "Facts about Sugar" in a leader under the heading World's sugar shortage grows" (in the November issue).
Periods of drought have beer. reported from nearly all sugar pro ducing countries during the past season, and their effect is recorded in crop returns which almost un formly show diminished yields as compared with earlier estimates. It begins to look as though an early ending of the war would leave Java as The sole repository of a reserve sup ply of sugar. Java's stocks. while epresenting a large tonnage, would not last long if subjected to a world wide demand"
ties practially the whole of the crop plates from several new works which hud to be sold in the East. In Lawere being erected in some of the
CUTICURA
on the price of copra is controlled large producing districts of the coun- at 2:15 78. Sd. pem. ton, hut so great try.
the dead that at Marseilles, where the price is unrestrüsted, the quotation was recently as high as 90 per ton. These prices, of course, are abformal, and will drop consiler- ably as freight beenines avallűble ; ; but the consumption of copra in the unufacture of targurine has greatly increased during the war, and for some tice to come prices are likely to be high.Although, during the bet three yea Struits Plantations. like other coconut companies, las done badly, und is passing its divi- dend, the shares are strongly held, and seldont clunge hands in the mar ket, Bah Lu, Jugra Land, and Frye, which I mentioned last weak; are interested both robber" and coconuts, and may be expected dur
This calls attention to the importing the next few years to make in ant part the Java sugar stock now creasing profite frein both producis,
plays in the world's food distribution. --Ex.
A world-wide demand for Java sugar
will inflate the price, but as a matter
of fact it will also create such a posi tion for Java sugars that it may be possible if cleverly handled by the Government to use the export of means to get rice in sugar as a exchange.
WINGARMIS
É TAKE WINK, OF LITE
SOAP
Will prove a revelation to those The bio use it for the Erststimé bé-; cause of its absolute pořity, del- cate medication, refreshing from grance and super-creamy emol- Bent properties for preserving purifying and beautifying the skin and complexion, two 'soups in one at one price.
Coronetizing mower the flow with Car? Gen-Cement, weyh ett in day mukautes with } Cutlery Scarand Bolweier, kang plenty mi Boss, hestapled with the handy when Xi sofen, wonderful and sentiose“bé[ng that end october 39: Zławkuwydr Bomé, Led, 27. Charterhoom St., London, B.-G. Sold throughout the world,
The Sincere
UNIVERSAL PROVIDERS.-'
JOHN D. HUKPARETS & BON,
General Managers.
r
ABAHI BEER
ASAHE
BE
ASAHU
LAGER BEER
SPECIALTY FREWED
"EXPORT
COMPANY
TOKYO
Bota Acres
·ZITSUÍ' BUSSAN KÁISHA,
EXCHANGE.
Hongkong, February 11, 1919. On London-
On demand, mo
Bank, Wire
ท
»
30 days' right
t-months-digi
Crodita, 4 mon the sight,
Documentary, 4 months
On Paris
On demands than ma
Gredita 4 months sight, 429
On New York
On dermaaid, “
-Credits, 00 days' sight, ***
Ou Bombey
Ότι
Ltd.
A LARGE ASSORTMENT OF WINTER GOODS
FORS:
For Ladies and Gentlemen.
HAS ARRIVED.
Neckband and Muff
For Overcoats':
Calcutta- Wing On desaand... On Singapore ...On-deraand,
On Manila
τόπι
On demand,
.153
On Shanghai
On demand
20 days' sight{privako
On Yakobsm
On demand
1437
$11. to $185,
$30. to $600.
Gold Leaf, 100 fine (per taal) ... 45. Sovereigns (Bank's buying rate) $0.10 Silver (per oc)
Bar Silver in Hongkong.
INSPECTION OF OUR STOCK CORDIALLY
INVITED,
A
Chinese Copper Cash..
Chinese Copper Cents... 0": "X pm.
Rate of Native Interest
Chinese Sub. Coin
Hongkong.Bab. Goin,
HONGKONG
STOCK
EXCHANGE,
HONGKONG, 11th FEBRUARY, 1919.
~OPKICIAL QUOTATIONS.
BUIL
L
Hongkong Banks, #270 b., 250 mal- MARINE INIURINORS. Canton Ins..
Bar Farterus ... -Fana :beromANCER,
Olla Fire In
1 Elonkong Fire Int...........
Douglas
FK Steamboat
$410 5. T. 194
(Desk) ver
137 b. &
Do. Shell Transports --- Btar Ferries
ET.
Chius Sugars as pa Malabon Bugari makan
Ai Kopran) AM
Kälan. Mining Adm......
Rabe A, SIE
37 6 Ural Oneplant s Bx Barmah., 12/-cum, diș,84 DOCKS, WHANYEL, Godower, do.
$157. 160 s. H. & W Docks Shad Dockr va vie, ar
T.25 b Now Engingesings Angid Egypt Bhat's boy.
Central Eskates
Hongkong Hotels. Hongkong Lands... Humphreys ** Kowloon Lands
Ho
BANKS
TONGKONG A SHANGHAI]THS. CHANTERRAD BANK
INDIA, AUSTRALIA & CHINES
·BANKENG OORPORATION,
Pam-ur Carmka Drowninan
Biering
$1,500,00081_===$14,080,000
- 1.500,000
A. EL. Compton, Miq.)Hàng 24 Hon Mr.B
400,000 INCURFORARY ROTAL CHARIN
Yan Orrick, Lossow,
- 834,500,000 | PAID-UP | CarREAD-- ...
$15,000,000 ass Ford
Rausva Laasmary 6 Pro-
Hongkong, May 7, 1977..
THE MKBOARTIER BÁNK ON
INDIA, LIMU
Ibangbal-1′ GF UTHPIEN, 2003, Lorven BarkXED-- LONDON DARI, JE
Wasteners & Pann's Barn, Las : 4Authoris
*Ost Chernánk mount is the rate of Two: DER SODË, por Gazon on ih dally bishmen
Or PD Deportes S For month, cont. per surum.
+
K. J. STARE,
101 Hoogkong, Ook 36y 1918.
Land Resimations... T. 100k West Points COTTON MILLA.
Ewo Contons
Kang-liks
Laou Kung Howa Orientale
1.175
Bhanghai Cotton
8.35
114
$197
157) B
1:30.
$0.10 b.
Yangtamopood
MISCELLANEOUS.
Commenta
Chira Born806
Chins Light
China Providents
Dairy Farms..... 283 b. &!
HE Electrics...
Macsu 110***
Hongkong Fopes... $34) m. HK Tramways 37.10 b. 7.90's. PoshTramways (Old)
$7.10 do (New) 70 d. $32 b H.E. Steel Foundries...... 312 m. ... #11.40 sai
Sten Laundried
Water-basis...
Watsons .. Powells Wisemans...
-
**
140
THE CHINA PROVIDENT LOAN AND MORTGAGE CO., LTD.
(Capital Paid up...
$1,250,000.)
Leane on Mortgage of House Property, ku. Gods lead an SteraKO. Advances made a dis Loarte sonde on the Provident retom
TAUSTER, ZIZUTTOR OF WILLS, ATTORNEY, M. Vadarakat and Ecoame (Kate and Paricalari on applicatiupo To the Office of SHEWAN, TOMES & CO.
- General Managers.
BANKS.
THE BANK OF EAST ASIA, ETD:
HEAD OFFICE:
No. 1 Queen's Road Central.
CAPTEAL
$2,000,000.
...
DIRECTORS:
Mr. Pong Wai Ting, Obairman.
Mr. Chow Shou Son, Mr.Koon: Chuck,
Mr. Mok Ching Kong,"
HONGKONG BAYINGS BANK. fraXE builnése of the faberet Bavlje La sundnoad, by HU HONGKONG- AND SHANGHAI BANKING DOB- PORATION. "Bubber stray be obtalised
AN..
BASKETS
BANK OF ENGLANDUL MO, LONDON JOUET Brock Bang Lencan
Every descriptionof Eanbanga hauiter
TNTEREST allowed
“Addogol at S-per-ones por atonal (-on Dulty Balsition and en Fixed Dependi taration which may be macerisimul
#pplication.
C. L. BASPER Acting Manager.
IT HEUT on deportia la allowed onli The soloimaan moniky babes
PER CENT per annum. Depostback. may transferai thele digilon balancos of -3200 cm paganu bu kuns:RÖNGKONG,AND BHANGKAT LANE to be don
FIXED DEPOSIT IN 4 PER OEER.
For the Hor
7 Queen's-Food-Onsitical, Hongkong, es Desenaber, 1918.
BANQUE DE L'INDO JENSE (TRENCH BANK).
Haus Orga
15bên Eme Lafitte, Paris, Capital szerzens' Fr. 45,008,DOF $0,000,000 BRANCHES AD AGEÑOL HANGKOR Home
·BATTAMBANG Manors
Banki
S. J. STABB
BAJO
ŠABAJ
Hongkong May 16, 1916,"
$17
ULETON
NOVA
BIKELFOR
Drum Hazzars
PARTIES
THEMELS
PIISA
Топик
F-PER VLİDEYONDOM
#BANQUE INDUSTRIELLE DE HAKKOW
MACHINE,
Subscribeo CastEAR - France 49,000,002 Pam Ur.CAPEAR, 2000MM,1
23,500,000
2
the Online, Repable).
Chairman of the Board Directors General Managerman, J. PassZER,
HELD OFFICE":"
HATOK
FONDICHEST
BANELERS:
IN FRANCE: Comptoir National Bocopie de Facia; Credit Lpo Banque de Paris et des
Gemernie
(1/3 of the Capital, X. Tände 15,000,000 Orelt Ladencial et Com endal
mbsarthed by the Goremena of
IN LONDON: The National Union Bank of England, Lide; Cut tolni a acompte de Parte
IN NEW YORK :-J. P. Morgan Co
and Fixed Deposits according
Carrent 400NEE
Every description of Banking withangs Boeinem temomsctod." BIRE Acting Manager Hongkong, "Get.+ 1$, 197##:
Tă, Raa Bains-BiraTE, PARIS, BRÀNTOHEJ.
PEXING
BHANGHAL
TIENTSIN HONGKONG,
BAKOGU HAIPHONG STUNMAMPOO,
BANKERS
In FRANCE: Bociété Chénérale pour
Iavoriser le Développement du THE YOKOHAMA SVEJIN
Commerce et de «lefidustele: pa France.
In LONDON; - Lemison County Was minster & Parts Bank, Tod
London Joint City & Maria Bank"
Itd
| In NEW YORK: Redmond & Ca
Correspondente in the chief com mercial centres of the world.
Telegaphia Addons: QIHBANKIND," on Current Account llowed and Fred Deposits in Local Current
Interst
Mr. Chan Ching Junk Mr. Wong Yuan Tongand in Gold. Terus on application.
Mr. Kan Ying Pc.
CHIRP MANAGER:
Mr: Kan Tong, Po.
AT, MANAGER:
...MrLi The Fong.
2611 Banking and Exelange business tractad,
· Losos granted os approved securities, Trend moderate.
youaret Lowed on Current Account at the rite of 2 var seat per antal, and on Fixed Dependia at the following rates,
For 3 months at the rate of 3% per annetten. For 6 month of the raja al 4% per annum. For 12 months at the rate of 5% per annum.
KAN TONG PO,
Chief Manager.
(TTHE BANK OF TAIWAN LTD,
(TAIWANGIKO).
INCORPORATED En Stemat KureMÁL CHARTER, 1899.
Captial Subscribed... Yen 37,000,000.7 Ospital (Faid-up).........25,000,000, Reserve Fando
HEAD OFFICE: TAIPER, FORMORA
BRANCHES:
JAPAN-TORTO, YOKOHAMA, KOBE, OHÁKA,
MOTL
BAFK LTD.
Aureoises Caretak... Son 48,007, DOI:DO PAIN UP CAPTIAL.om
* ** 42,000,000,00 BELIEVE FOR
HEAD OFFICE ---TOKOHAMA BRANORM AR bankers BORAY
Gazcensza.
Every description of Banking and | B91900&ram. Exchange business transacted. gm3 i
Bpecial facilities for French onchange. CHARGONTW
M."EQUEF DE JODEVEL,
HONGKONG Manager«,
Queen's Buildings; - -
5, Chator Road. Hongkong, Sept. 25 1315
TEDERLANDSCHA
MA
Faw Tens
PALD
· DALEKE (Dazay) y Bachioest
Tareen (Mon.co) Bay Pratonce
BRATILA
U
HATEOW
Tel. 448
GUSAN
12
HAMBEN
HAND
"AATECHA
(Nmisentanza ·"Exaving Sommerr)'
Paid-ur
BERTE
£100,000,000 (£8,253,883)
t: 70,000,000 (£1,823,633)
· 25,760,256— (23,083,876)
HEAD OFFICE—A MITKUN ÁTÉ Mwalut,Betochân në /1/1AS The Bagong MAL
Bobbazdam HEAD AGENCY —BARATIA,
Brabobos sá
FORMOSA--Gman, Kaon, KARIED, BANDJKAMARIN,
Karcuro, MARUNO, PINAN, BANDOKEJ, SHINCHEV, TAIGMIN - Tamam, | Chukison, "TAKOW, :TAMKUZ, Toxen, Ars.
UHINA SHAIohet, Haxxow, KIUKIANO, | DJKZAKARTA,
Auer,・・ FooɑHOTY, SWATOWE BA CANTON, V
MATAMIE "OTHERS-HONGKONG, BINGATOR MEDAJ,
BORRARAJA, SEKARANG, BATAVIA, PADAKU, BOKELT, LONDON, NEW YORK,
LONDON BANKEES!---
Dapital and Counties Bank, London,
and South-Western Bank, Parr's Bank.
·EKANGOO,
BAMARANO, BRANCHAL
E-TURK Kons Larpos
Low Ancira
TEAMILA
MAGAMANK
· BELKIISMAA
Елкогонка BURGAPORE
BERKAY
ALLANTO
Interest allowed an Opureit, MOECIDALG Depoelta received for, fixed-perinde at rates to be obtained on application
EGR JA
Hongkong. 11. Ferkelij
NORTH BRITER & MULCASILA
DJ KABULA NO CÓD
...WHICH ARE PROZKO VEN SZLARNI OF THE GOHAN MARINE INSÜBAHOD
"COMPANY, L
and
THE BAILWAT PÄSSENGEJ ASSURANCE 00:
BORKAYAKYA (Bole)TAL
·TAZKIA,
Tears Forest (Dell)
PALMERANÉ, PRESTANUÁN,
Tazax Exsons,
WEZSKYRIDEE,
PHIANG, PONTIANAK,
OTAL FOTER AT SL#7 Dzomwear, 15
223,970,967
Anthorised Capital £8,000,00 Bubscribed Capital 24,800,000
Paid-up Capital V.9, 6,37,300- II-Fire Fendiagrammasataman. 3,857,UT. IT-Tile & Annuity Pands... 17,657,520 Striking Food Acoguni ́............. 128,20
Revenue Fire Ersson 1,581, MN-
Life and Annudby. Braschende Bavenus Marica Department... - BST.2337–
Orpontan Bombay, Colombo, The Bank has Correspondents in the Saigon, Halpheng, Hanol, Amoy, foko Madras, Pendlaketry, Galoutén, Bangkok, Commercial Centres in European Com-hame Kobe Melbourne, Sydney, Now Sinent, Bastia, Manchuria Tsingtao, York, Ban Francisco, &o., ds. Chosen, Japan, Indo-China, Biam, India, BORDOBA The Union Philippine Islands, Java, and other Trade and Brafika Bank, Limibed. Dutch Indies, Australia,
The Bank bays and well, and reostras | Other Boogipta - vestesperienze Africa,
for collection Bills of Tirahangs, Lavor Interest allowed on Ourrent Account letters of idle on its Benchs and and Fixed Deposits at rates which wil
Cerroepgnfanter - In bhd Kantori bo. quoted on application..
Continery, in Grant Britain, Amed. and; Ansiralla, and bransac banking badzeed of every description."
America,
NAOKICHI YANAGITA,
Manager.
HONGKONG BRANCH
3, Des Vans Road, Hongkong, May 1, 2018.†
13. V. VAN RHYS
"Manager. Hongkong, Oil, #2, UNA DENT
25.3393000
The Accumulative Funds o' the various Brancase are separately Inva bod, And, s Ast of Parliament, sro zeb akla to mee the claims under the respective Depretj manta of the Company's Baske
THEWAN, TOMES l'a
agent