S

TUESDAY, JANUARY 17, 1920

IMPORTS REGULATION~~

AND THE RATE OF EXCHANGE.

As regards the effects on imports due to depreciation of foreign car- rency, it is provided in the, Govern- ment's. Bill for the regulations of in-

·ports and exports that the Board of Trade may prohibit importation on being satisfied that there is such a depreciarian in the sterling val of the currency of any foreign country 13 world cause sales of manufactures in the United Kingdom to take place in substantier quantities at prices "substantially below those at which similar articles maanisetured in the The United Kingdom can be sold. Board, however, have power to grant- licences to authorise importation of some goods which come within the definition of key industries. or of industries affected by the deprecia: tion of foreign currency, alter enquiry en the claim of any applicant. A fee is to be charged for such license either on the value or on the quantity of the goods, and is not, at the time of its imposition to be greater than the dif ference between the sieeling value of the imported goods and the price at which similar goods manufactured in the United Kingdom can be sold, i! sold in similar quantities and for de- livery at the manufactory.. In the case of the importation of goods a Fect. ed by the depreciation in foreign cur- rency the Hcence may be issued with- out payment or the payment of a sum at a uniforma ad valorem rate deier. mined from time to time and for periods of not less than three months. This seems too long a period especi ally under present conditions when the exchanges are fluctuating so much.

Sterling vafuc is defined as "the price in sterling which the importer would give for the article if the article were delivered freight and insurance paid, but excluding any licence fee or rate leviable at the port of importa. tion."

In determining the issue of a licence consideration will be given to any anempt at combination or restric-| tion of the conditions affecting outpur in this country in order artificially to raise prices, and the Board of Trade

are taking powers to investigate any attempt in this direction.-Engineer- ing.

Let Cuticura Care for Baby's Skin

It's really wonderful how quickly a hot bath with Curiogra Sogp followed. by a gentle acheting with Cuticura Ointment relieves sin krizations (which keep baby wakeful and rest- Jess, permita alecp for infant and rest for mather, and points to lealment in most easen when iz senza nothing would help.

Soup to cleanse, Ointment to hout. F. New- Mey & Sons, Ltd... 27, Charterhome 50. Loodes, Sold, ottery wÚMER

·HONGKONG STOCK

EXCHANGE,

`HONGKONG, 37th JANUARY, 1990.

OFFICIAL QUOTATIONA,

BARD

11. AM

Sterling Exchange 5/3 T. T. Bangkong Banka,

MARINE. INHUMANTIS,

Canton Ina

SHOO. B.

$300. b.

Kad

North China In 200

$100

M

.... 180 n.

J

200

Union Ins

Yangtere Ins. 200

Far Eastern

FIRM ÍNTUKAN CONL..

***

China Fire Ina. Hongkong Fire Ins. ŠEIPPING,

Douglaser ELK. Stemabomba 19 Indo-Chinas (Pref.

Do (DEL) Shell Transports: v Star Ferries

"REPOVERIES..

Chins. Suga... Malabon Buyart: 10. MINING.

Hi

Kalian Mining Adm. Langkat...

Shanchal Losun

441

1.32 D.

$138 n.

# 910-8-

59 B. 10 b. 33.

$90 .*

on n.

... $245, b

29 &

S'hai Explorations ***) Raabe

Tronoh Mines...

Ural Caspians

Doors, WEARY?, Godewan, de..

H&E, WharÊN

B. W. Docks - Bhai Docks

New Engineeringo

Larne, Bows & Bygdaraa,

Central Estas

Bongkong Hotels

Hongkong Lands. .... Humphreys

Kowloon Lando Land Reclamations West Peinta

THE CHINA MAIL.`

BANKS.

ASIA BANKİNG CORPORATION

HONGKONG.

Announces that the Italian Government Treasury have appointed them Fiscal Agents in China to offer

ITALIAN GOVERNMENT 5%

CONSOLIDATED LOAN

Subscriptions open until March 10th for these bonds, issuing price Lire 87.50 plus interest.

HEAD OFFICE : NEW YORK.

1

OTHER BRANCHES :

EXCHANGE.

in

HANKOW

MANILA CHANGSHA

TIENTSIN CANTON

Hongkong, Janusy 17, 1996.. On London--

4 months night, .. Credits, 4 months' night,

5-39

Documentary 4 months' sight 5/-52

*1900.34, #47' The

-145/-an.

T. 14

SHANGHAI PEKING

*49/6.2.

30/- b.

$90 5.

1608.

$110 b.

#961, 5.

Bank, Wire

14

On demand.

30 days' sight

$109. N

--

$119.

On Paris

20. 37ệ ba

$63.

On demand.

$1.43 n

BES D.

Credits: 4. roths' sight,

1190

On New York-..

On demand

*****

Credits, 60 days' sight, we

1465 t. ex.

On Bombay-

126

... $300 n..

On demand

... $28

$275 b.

$31 b.

On demand,

H

2241

Ou Manila-

On demand,

Gd

197

15.80%.

On Slangba-

China-Bornson

On demand

nom

China Lights Old #7 & New 35 h.

China Providenta

$7.50 b.

On Yokobam

Dairy Farms,

$92 v.

On demand.

196

H.5, Electricn.

......187 3.

Macao Do.

Hongkong Ropes ....

$34 - $275.

Gold Bent, 100 fine (per tsel) Hoverelada (Bank's buying, rate) Hilver (por oz.)

39

3.75 .

81+

H.E. Tramways

#7 h. 71 y..

SUBSIDIARY COINS.

Peak Tramways (Old)

do.

#7 B

(New)

Steam Laundries

A

80' Lieb

Hongkong 60 conte soh

18 pm..

10

,

2

... 93% pm.

77%

+

Chinese coing

Water-boats

+

35+ b

Bar Silver in Hongè ag. Chinese Copper. Can...

---

*77% 0.0-0

5% pm.

Wa. Powell's

Wieman's

827)

COTTON MILLE. Ewo Cattona Eang TIL

Lagu Kang Mows Orientals

Shangha! Cotton Tangtazopoon

MISCELLANKOTI.

Cements"...

H.K. Steel Foundry ....

STRAIGHT AT IT."

BERE is no

"beating of our around the bush. We might se well out with it first as last. We want you to try Chamberlain's. Cough Remedy the next time you have a cough or cold. There is no reason so far as we can see why you should not do so. This pre- paration by ita remarkable cures has zaited a world wide reputation, and people everywhere speak of it in the highest terms of praise. It is for sale by all Chomists and Storekeepers.

Pennsylvania

On Calcutta.

Wire On demand n Singapore-

30 days! aight(private paper)oom.

Chinese Copper Cente

Rate of Native Interest Chinese Sub, Coin Hongkong Bub. Coin

DEAFNESS

AND NOSE IN THE EDAD,

Scores al apparently "kepalamsar ensen havre been comple17 cared by the well known "French Orlane. NOTHING RAJALS THIS SIMPLE REMEDY. Pries par Box. Booklet Pros 'Orlene' Co., Stasion Ed. Croydon, Eng day good cines Druggist can obtain this remedy jca your order, ut ft can be obtained direct from

apon receipt of cast

VACUUM CUP

6000 MILE

CORD TIRES

UALITY in a tire is not appreciated until it asserts itself through long

'continued' trouble-free performance.

The gauge to this service is the mileage is discarded.

The notable achievement of nine stock tires which, put to official finish test by the Automobile Club of America, averaged 6,760 miles, definitely established the un- usual quality of Vacuum Cup Tires.

B

The rainy day certified test of the Pitts- burgh Taxicab Company-in which heavy car equipped with Vacuum Cup Tires was driven around a wet corner at 25 miles an hour without akidding-

total recorded when the casing finally

conclusively proved the guaranteed ability of the Vacuum Cup tread to resist skid- ding on wet, slippery pavementa,

In addition to this proved driving safety and the mileage guarantee-per warranty tag-of 6,000 miles, Vacuum Cup Tires are reasonably priced. They cost approxi- mately the same as ordinary 3,500 mile tires and much less than other makes carrying equal mileage surety.

SPECIAL PRICES.

ON SIZES AVAILABLE FROM STOCK IN HONGKONG,

Olincher.

30" x 8" 31*x*

Straight Side.

92 x 2

Price Bath Tires,

Tabell ...30.00...

4.00 ....47,50...

5.50

* 35 00..

4.50

92.50m

6.00

Lees decount -2 days 21%, 30 days.Net.

Makers also of Pennsylvania Auto Tubes "Tom Tosted"

FENNSYLVANIA RUBBER COMPANY. Jeannette, Fa

GERIN,

DREVARD & CO.

Bole Agents in South China,

Telephone 114

THE INDUSTRIAL AND COMMERCIAL BANK LTD.

Head Office: 6 Des Varm Bond, Castril Hankow Besnat: Bussian. Conculca.. DOMESTIC & FOREIGN BANKING.

SERVICE PROMET.

Current, Barings, and Fixed Deposite bear Interest at Rates 2%, 4%, 8%, respectively.

*Inquiry on our SPECIAL SERVICE. will be welcomed.

Hongkong, July 7, 1913.

J. DHANG LY.

2

THE CHINESE. KERCHANTS

·BANK, LTD.'

HEAD OFFICE; Alexander Buildings, Chater Bondl. 4. General Banking and Exchange baal- ness transacted.

Losas granted on approved securities.

Current Accounts opened, and Fized Deposita received at rates which may be ascertained on application.

The Bank also conducts a.. Savings Department

DONG TOY,

Chief Manager. Hongkong, January 3, 1530

THE CHINA PROVIDENT LOAN AND MORTGAGE CO, LTD."

(Capital Paid up

$1,150,000.)

Losmo de Murterzo of House Properig, ka. Good led on Atorage.

Advanom kosda on Match Tadika

Kodutu sada on tos Proykins Marketi

TRUOZEL SALGUTOR OF WILLE, ATTORNEX, Mo. Endurtakan and Rungsted, (Hate and Partionizm in sypbankom In the fee of

SHEWAN, TOMES & CO.. General Managers.

NOTICE.

BANKS

HONGKONG & SHANGHAI

BANKING CORPORATION. }'

Starling ·A,1,5 21,000

-Silver

BANK

THE MERCANTILE BANK OF THE CHARTERED BANK

INDIA, LTD.

HEAD OFFICEG Pazkur Chapratensen, 818,805,000 | 15, Gracechurch Street, London EC. S. RESERVE FUNDER

***** $11,0 11,000

·Baasuva LaaBIÉNES. OF

FROPESORS semana

T

INDIA, AUSTRALIA & OHINA.

INCORPORATED BY ROYAL CHARTES.

T8L3

r

HD Oricn: LONDON.

$14,000,000

Reserve Fund and Rest

| Ospital_Authorised and Sub-

Paid-up

£1,800,000

.780,001

735,700

Pain-UN CAPITAL.

REVE FUND-

250,000

W

COURT OF DIRECTORS I

J. 4. Plummer, Baq,-Chalvaso

| Hon. Mr. E. V. D. Part,-Depaty

Rooove Liability of Share-

holder

"་

BANKERS:

The Fank of England.Lea The London Jolat City & Midland Bank, Ltd. BRANCHES:

Chaltmsa J.W,C. Bonnar, Esq. P. E. Holyoak, Esq. A.B.Compton, Eaq. | Hon. Mr. I Bon. Mr.F.E.

Johnstone, Bomber Hongkong Dod well. W.L. Pattenden, Req. | Calcutta Howrah

Celombo Kandy Q. A. Gubbay, Riq. Ross Thomson, Esq. Delhi Kacchi

Galle

Carer Manasun Hongkong-N.J, STABB, Esq..

MANAGER Stanghal-A, G. STEPEIN, Eq

LONDON BANzza-fordon Couture A

Wanderten & Pann's Bayx, Lad.

Honkong---INTERMY ÁLLOWED.

On Current Account at the mats of Two- per cent, por Ánnom on the Dally Balanon. ON PIZED DEPOSITE (** For 3 months 14 per cent. per annum.

N. J. STABB

Chief Manager.

"Hongkong, May #, 1819.

HONGKONG SAVINGS. BANK.

THE best of the above Bank is conducted by the HONGKONG AND SHANGHAI BANKING OOR- | PORATION. Balis may be obtained on application.

INTEREST on deposite la allowed on the minimum monthly balancos. t PER CENT, per annum. Depositors may transfer at their option balances of $100 or more to the HONGKONG AND SHANGHAI BANK, to be placed on FIXED DEPOSIT 4 PER CENT. per.smnum.

For the Hongkong and Shanghai Banking Corporation,

¡N. J. STABB,

Chief Manage. Hongkong, May 14, 118

BANQUE INDUSTRIELLE DE CHINE (FRENCH BÄNK),

F. 150,000,000 37,500,000

Subberized CAPITAL Paid Ur CarIRAN [(17% of the Cúpital, La. Frapor 25,000,000

mabadbad by the Government of

the Uhlama Repubila).

Chairman of the Board

of Directors André Berthelot. General Managed. J. Fernotio.

..HEAD OF IOM: 74. Ena Baint-Lazare, PARIS. BRANOBLES:

SAIGON, HAIPHONG, TURKANJU, VLADIVORTOCK, POOCHOW, MARSKILLE

PEKING BHANGHAL TIENTSIN, HONGKONG,

HANOL

CANTON,

BAKERIES:

*****

Kuala Lumpur Bangoss Kadian

-banstal Singapure

No Turk

PREMIK

X3 Bhars Port Louin (Minuritius}

HONGKONG BRANGE. Every description of Banking and Exchange business transacted.

Reis Czaszirty or

PROPRIETORS

£3,000,000

... £2,200,000

... £$1,006,800

FOREIGN EXCHANGE and General Banking business tranmoted."

CURRENT ACCOUNTS opened and FIXED DEPOSTES received for 3 year or shorter periods at rates, which will be quoted on application.

INTEREST allowed on Current Ac countant's parent por surfam Daily Balance and ga "Fixed Deposits: * at rates that may be ascertained on-|-- application.

6. L. BANDES,

Asting Manager. 7 Queen's Road Central, Hongkong, Deommber 11, 1815.

1

THE BANK OF CANTUN, LTD

HELD ON ----PORGIONG... Setantasma. (91%

-

$1.000.000

Paid-up Captoal Beserves And Undivided

Profits...

500,000 FOREIGN EXCHANGE snd Gmeral Banking Business kansacted.

CURBENT ACCOUNTS opened and FIXED DEPOSITS Received:

INTEREST ON FIXED DEPOSITS

For Months 17 per annum. for: Months 4% per annum. For: 19. Mousha, 44% - per ansam.

LOOK POONG SHAN,

Chief Manager.......... Hongkong, Marsh:10, 1911.

THE BANK OF CHINA,

(Specially authorised by Presidential Mandate of the Republic of China on the Had of November, 1917) Authorised Capital

----80,000,000.00 Paid-up Capital

15,378,800.00 Reserve Fund

3,197,400.00

HRAD OFFICE: PEEING.

0/2

HONGKONG BRANCH: Connaught Bond, Central Branches and Sub-branches all over China and Corres pondents in San Francisco, Singapore and Tokyo

London Bankers :-Tos National Pro-

JLL CROCKATT

Hapayer.

·Hongkong, January 1, 1990

THE BANK OF KAST ASIA, LTD. HEAD OFFICE:

Ho. 3 Queen's Bond Centra).' Fam UT CAPITAL ... ... $1,000,000.

DIRECTORE!

Mr. Fong Wai. Ting, -Chafenaa.

Mr. Chow Show.Sion, Kit In Ting Po

Mr. Chan Kai Ming

Mr. Lt Foon. Chen,

M. Hok Ching Long,

Mr. Wong Tan Tong Mr. Chan: Ching Shak,

Mr. Fung Ping Shen,

. P.LI

Mr. Ng Chang Lak

IM FORS.

· Every_dmartycles of bucking and Triangr Wake Umetod, Losa: grsated on SPREVERÍ

„Alert tips,

Internas alowed on Camas Depandi Accoga at the rule E-SWO. par Doct. per duten. 134. ON standspot at the followİKE İADER }-

For & months at the rate of 32 par antw For 6 month at the ruin of 42 per somna.. For 1 month at the rate of 5% per arzene

KAN-TONG PO.

Chief Manager.

- Hongkong, March 19, 1919.

BANQUE DE L'INDO-CHIN

(FRENCH BANK).

BRAD OFFIC

15 Ras Laste. Parts

Cardial form Frs-48,093,000

30,000.DOU

BRANUBES AND AGENCIES.

Bezcz Horexas BANANAN Managin Одпол

Lit

SAISON

OUMEA

PAINS

humo

Hairmans faxine

BAROI

TODAY

- VLADIVOSTOCK KUNDICADA

BANKERN

IN FRANCE: Comptoir Nations. d'Escompta da Parts, Credit Lyconsis Banque do Paris et dos Pays-Bas Credia industrial et Commercial. Societe Gezerale.

IN LONDON: The National Frovincia Union Bank of England, bia.; Comp veir National d'Escompte de Paris; Credis Lymasis.

IN BEW YURE: J. P. Morgan & Oo,

Inserent allowed on Ourrens Accounts and Fixed Depot according to AITANE KUION.

Exchange Barlow ranmcted.

Bvery description of Banking and

L. BEBINDOAGUE,

Manager

Hongkong. Dec. I 1815,"

vincial and Union Bank of England THE TOKOHAMA HPECIE

Eti.

La FRANUR: Bociété Générale pour invoriser le Développement du Commerce et de Hislaracter onNew York Bankers: Irving Trust Fasce

Is LONDON: The London Cranky

Westminster & Parr's Bank, Ltd. The London Joins City & Midland

Bank, IAL

In NEW YORK; Redmond & Co.,

Oercarpondents in the ohled com-

EAK TRAMWAYS COMPANY, meum comirse of the World.

PRAK

7.00

AMITED

TOME TABLE

WELEE DAYS.

8.00. Every 15 moduusun – 8,00-m, ma, to—§.50 s,m....Evacy-10 minutna

11.30 .m. to 12.30 p.m... Every 18 microbem 12.30 p.m. to 9.00p.m. E ay 10 mingban. 2,00p.m. lo 8.00p.m. Every 15 minut. 5.00 to 800 pime. E rasy 10 minutes.

NIGHT CANS.

8.50

9.00 pm, 9.23 pozag

| 8.30 p.m. to 11.30 p.m. Every 30 minutes.

11.15 p.

BATURDAYS,

EXTRA CAR-12 midnight.

7.20 6.30

BUNDAYE

-Talographie AfiTOON?" CELORANKIND,

Interest slowed on Cazzaná Aoecunia and Fixed Deporte in Local Currency sad he Gold. Terms) on application.

Every description, of Lanking and | Phenbunge baudades escalod

Special faculties for Wrench erobangs,

M. ROURI DE JOUKSEL,

1 Managers

HONGKONG BRANCH: Queen's Buildings,

*, Obater Bond.. Hongkong, March 31, 1918.

Tel. 2440

NEDERLANDSCHE HANDEL MALTECHAPPIJ

(kamaukland Trading Bodrarr)

8.00 km, to 20.53 1.m...livary 15 isinubos 10,80 ■.m. to 11.00 am..Every 10 jednates. | 11.30 mim, to 13 noosi 1-livery 15 minutes. | Anthorized

12.00 noon to 1.00 Every 10 malüzban, 1.00 pm to 5.50 p.m...rwy 15 min. 5.30p.m. to: 8.00 p.mnärery 10 minste 5.00 pm to 8:30p.m...Every 15 mins.

"NIGEL CARS na on Week Days,

F.100,000,000 £8,233,333

•Capital Fald-Up Capital F. 80,000,000 £4,688,030 Reserve Fund... F. 14,590,545 £1,315,879 Special Reserve F. 17,000,000 £1,418,668 HEAD OFFICE--Amsterdam, Branches sh

Rotterdam

The Hagun

HEAD AGENCY-Batavia, Branches::

· SPECIAL CAR8 by servognstent cà the Company's Offer, Alemandes Bulidings, | Bandermasta Das Vang Road Contrai,

Bandoeng Samson and punch Hokoću svalahla for Charibon all cars not already fail running at the Djember time stated in the Company's time-table, Diokjakarta. bab not for special cars, man be obtained Hota-Radja on application as the Company's Offon. Mscasar Ho Benson Hoiah will be in und undit Modan Payment therefor has been made in Bank | Padang Not or by Cheque or Compradors order Falembang

Pekalongan raprenting Back Hote

Penang JOHN DHUMPHREYA & B, Pontianak

Genersi Mansgurt,

MAN WAH.

Hangoon

Samerang

Shanghal

Singapore

Ecerabais

Boerskirts (Holo)

Tebing Tinggi (Dell). Tega! Telok Betonx Tiilatlap Weltevreden

Correspondevala. Bombay, Colombo,

Fondicherry, Calcutik, Bangkok, Madras, Balgon, Haiphong, Hanol, Amoy, Toko- Bev

Company..

Interest allowed on Garment Accomka and Fixed Deposlis.

Terma on application. Every description of Banking Business kransacted.

BANK, LTD.

Estartition 1380.

AUTHORIZED CAPTHAL Yan 100,000,000 PAID UP CAPITAL Kosára ford

HEAD OF

Branorm

BATATIA

1OME?

Busca Atria

Loans granted on approved securities.

Special Iscilities for Home Exchange. || Calcowa Interest on Fixed Deposits at the following rates:-

For 3 months-3% per annum For months-4% per annum For 1 months3% per annum

THUYER 'PEL,

Manag.

Hongkong, January 24, 1920. ....

THE BANK OF TAIWAN, LTD.,

(TAIWAN ÜHNED).

INDORPORAAND we Special ÎMPERIAL Ogirre, 1889.

Capital Bubarfbed. Zen €0,000,000. Caglial (Paid-up) --- 37,500,000 Reserys Funde w 14 7,030,000.

· HEAD OFFICIK : TAIPER, FORMOSA,

BRANCHES 1

JAPAN-Tokio, Yokohama, Kobe,

Osaka, Moji.

FORMOSA-Gíran, Kagi Karenko, Kakang, Nanto, Pinsa, Shiku, Taicha, Tainao, Takowy Tamsul, Tohyan, Ako. DETSA-Shanghai Hankow, Kinklang, Foochow, Bwstow,

OTHERS—)- ingkek, Hongkong, Bingi

pore, Soerabaya, Bemarang,. Batavia, Bombay, London, New Tork.

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

"

61,000,000

"M $9,000,000

YOKOHAMA

and ASANGIZE AZ

Nawawa

New Year

OBLIKA

Pizz

BANGO.CO

ÜHANGGAN *DAKAN"{DIAT) ̈ ̈ ̈ ̈Bán FranIC BUS.

Frxo9128 (Mukaan) Exitela Harrow

KANTIVIR

HABA

KATUM

Kosa ́Los

Lot Aresta LYOXS

UNATUMAI,

Ebreroxi

BETLANA LA

BYDEST

TIL CHAN

TOITE

TIMANYU

FRAZIVOSTOCE TENGIAU

HASALANI

Interest allowed on Current Accounts. Deport received for fixed periode -as rados to be obtained in application.

G. KASHIDZUMS,

Meniger Hongkong, December 6, 1919,

NORTH BRITISH & MERDANT!ə INSURANCE, 00: VIDIE ARE VARER EIN FRARM THE OOHAR MARINK INSURASO COMPANY, KED

THE BAILWAY:PASSENGERS ***ABZURANOM, C0%

TOTAL WORD at 21 Desember, 1BL7

3,970,367. -Authorland Captial 15,000,000

2) Babearibed Capital:84,500,000 Paid-up Caplial seisomaanivor ---Fire Funda...

TII-HEs & Annuity Funda

Blaking Fund Astcums „Ame

BeromssFire Bracekino

Illeand Anmliy York, Ben Francisco (lo, licu.

The Bank has Correspondente in the Louvor BARENES The Unden af Commercial Centres in European Con Bevoons Hartie Depar Landon and Bulks Bank, Limited, tinent, Russia, Manchu Tring Or Bacopa

The Bank hurt and sells and receives | Talanda, Java and otner Dutch Indies, Helen Jepany Indo-Chinia, Siam, India Philippine for polisation. Eftir of Exchange, inden Anstrels America, Africa, da, lotters of "credit on fim Broneer and

"

Correa pondonta in khe home and two Interent allowed on. Current Accounts, Doskinens, in druk. Driking moulon and Fixed Deposits at matos which will be and Australia, and festment banking quoted on application, lepotnega d

HEIZO KORDON, budzom of every description.org

SATWAMEKERS,

Manager.

Hongkong, Bept. 20, 1913

HONGKONG BRANCHI

·Z. Dew Voeux Lonc Central,

Bisoskar ári syutubely invarid, and, bự Ach of Parliament, azn toh salda do man She Jolabus undez the ampacátra Depict menm of the C

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