HONGKONG AND SHANGHAI BANKING CORPORATION.

· Authorland Ospital.

... ... ... .... ... ・ ・ $80,000,000-

fartsd and Pully Pullup.

Hesarro Punta ; ~

Harling...

Rare Finbility of Proprioters, e#23,30904/990-

THE BANK OF EAST ASIA, LTD. | ✨ Karen

HEAD OFFICE: HONGKONG.

10, Des Vaux Road Central, Hongkong.

Authorlaod Capital.

Paid-Up Capital

Reserve Fund

Blaturia

BRANCHES AND AGENCIES:--

Boobay

.$10,000,000

6,000,000 1,200,000

Melbourne San Francisco

Nagasaki

Plentile

Calestia

Now York

Semering

HEAD OFFICE, HONGKONG,

Canton

Dink

Shanghai

I

Higbeng

'Paris

DOUBT OR HERRUTORS ---

"Hennkal

Peking

Surabaya

Kabe

Tank

"Palpab

Kowlo

Kangoon

London Manila

Saigon

..Tientan

Takro

11 Me . . 3. Bernard,

Chairs,

Hon Mr, A. O, bang.

11

.. Pluramar, Kaļ

Deputy ClustrBAIN

W. i. Hali, Kate:

A, 11, Compion. Kegi

3. i. Paktanzahon, Em

il

ANDY

BANGKOR HAPAVIA

MR.

BALTUMTA

CANTON

KP

CAMIO

PAIRSY

MOX!!

SEAT PLENA

HAMBRA

PARKOW

HARRIN

HONGER WA

TULO

1:2

HO

KHONK

HEAL

MEMPER

Tykk. Well, R.

18. 1. Waste, Kull,

4. M. Young Th

Chhod Manger,

A. 14. Burlesse, Kan

BRANCHES:-

J

LONDON

NH

MALACCA

MANILA

NADSART

#

NEW YORK

PERING

PRNANU

KANTOON MATAON

SAN PHAM

BUJANGILAL

SINGAPOAR

SDURABAYA

HENGRI DA PANI" TIENTSIN

FF

PASSIVAI

YOKOHAMA

Current Aversta operand (ty Batral Qurtuary Palpit it for og year un

Alebo prisle To 91

mike solid flat spitre lauseti maigaksetar Bagong, hit Mug, 148,

HONGKONG SAVINGS BANK.

21 Hal of time schove flavol vo Then lay la FUNUKONDE AND STANULAR MANKINA PIER PILAPIAIN,' Rulas may be

la pyktention.

HET ONDRONO & RANGIAL HANKING CORPORATION

4. It. Barlow,

Tenangising, 2741-May, 1928,

Clibel Matokeor.

BANQUE DE L'INDO-CHINE.

HEAD OFFICE:

10, Boulevard Haussman, Paris.

Correspondants

cities of the world.

CHINA MAIL.

COMMERCE AND FINANCE.

HONGKONG SHARES.

THE MARKET STIL"

CONTINUES DUL

in all principal FIGHTING PUTS OFF BUYERS.

Every description of Banking and Exchange businesss transacted. Loans grunted on approved securities.

SAFE DEPOSIT BOXES to lot..

KAN TONG PO,

Chief Manager,

Hongkong. 22nd May, 1926.

行銀商工法中

BANQUE FRANCO-CHINCISE pour le

Commerce et L'Industrie (Incorporated in France).

5. Chater Road, Victoria, Hongkong,

HEAD OFFICE: 74, Rue St, Lazaro: Paris.

Capital Rootrba

Fra 20.000.000,-- Frs 1.100, Spocial Working Capital 5000.000

Paris

Salgon

Peking Canton

BRANCHES:

lyona

Marseilles Hanoi Kaiphong Shanghai Tintain Hongkong

BANKERS:.

Messrs. Moxon and Taylor in their Weekly Share Report, dated Friday, September 10, stale:

IRON DISCOVERY" IN BURMA.

"Large Area of Rich Ore.

FOREST PRODUCTS.

SATURDAY,

SEPTEMBER 11, 1926.

cane

ross from 188,298 tons in 1924 to the year was the Departmental ex- 169,847 tona in 1925, and of Are- ploitation of conus. Fourtoon wood and charcoal from 680,154 species were selected and trial A glance at the annual report of tena to 674,958 tona. All this tim-] shipments sent to a dëm in England the Conservator of Forests of the her, Arewood and charcoal was con-ware followed by cabled orders for Pudoratod Malay States (Mr.sumed locally.

Labour shortage greater quantitios than could bo G. E. S. Cubitt) proves that there also affected minor foreat products.supplied When more thoroughly He practically no limit to the ra

The damar penak Industry, a loaganised there would appear to be aources of rubberland and that full resin which has an established re-groat possibilities for a develop- exploitation only awaits what is

trade. For bound to come in time-a labour putation in the world's paint and ment in the

varnish-making trade, suffered example, a triäl shipment to a firm supply adequate for all purposes severely from lack of native tap-of polo stick manufacturers in India Good progress was made during the pers. Although prices rose the out-was, followed by an order for re- year with reservation and survey put foll below that of the previous sehr suppites of 10,000 sticks per work. Of the total area of the year. The output of jelutong, en year. Á now company interested country about 18.8 per cent, la now the other hand, was better. There in wood distillation commanced Rangoon, August 26.

reserved forest, but to make Malaya is an increasing demand for this operations last year, and should Mr. A. C. Martin, a contractor, self-supporting it is estimated that produce on the part of American shortly place its products on

the elnima the discovery of a rich iron reservation of some 28 per cent.chewing gum manufacturers. Its markot. ore deposit 64 to 68 miles North of productivo forest will be potentialities are great, but much East of Rangoon and 12 miles from quired. The general polley of the has still to be learnt as to the Mokpalin Station on the Pegu-Department is directed towards this capacity of the Jolutong tree to Moulmein line.

ond, while simultaneously the ex-stand tapping. A suggestion has Interviewed, Mr. Martin said the pleitation of forest products other been made by one of the big manu aren is about 28 square miles, han timber, firewood and charcoal facturors of chewing gum that Samples analysed in England. Ger- for export markets is being scien- jelutong might be grown many and Japan and by local tifically and practically developed. same way as rubber under planta

in the Chemists showed a high percentago

Increasing prosperity" in of pure iron without sulphur.

alltion conditions, and terms for the The claim is a bly one, but has directions resulted in an increased grant of land for this purpose were not yet been investigated by the demand for timber. Lut fast year drawn up and approved by Govern

"proved a difealt one, as the labour ment. By the end of the year it Government.

needed to supply it was attracted | was diMeult to get tappers, and the from work in the forest to the price of jelutong had risen. The easier and more lucrative employ output of gutta-percha Increased nient on the rubber plantations, and the whole of the Forest Depart The result was extravagant marketment's collection

was, sold Banks: A few sales were re-

prices for timber, and, at the end Britain at prices which rose from ported at $1,095/$1,097g and at

of the year, something approaching 58. a Ib. at the beginning to 7, a The Report of the Indian Cur-a "timber" famine. The total out- the close there are buyers at

b. at the end of the year. $1.090 but no sellers under $1,095.rency Commission,, made public on turn on which royalty was loyled. An interesting experiment during of 10 per cent.

August 4, Bas already had the Unions:-Came In for some en-effect. of depressing the market far quiries at $288 at which price, a few shares changed hands. There nze now sellers at $287.

Our market continued dull dur- ing the past week und in most enses shutes could be obtained at prices lower than those quoted. Buyers, however, have shown some disposition to pick up cheap shares but are continually being put off by the reports of the fight- ing in the Yangtszé..

Shanghai Market, is also quiet. The following are the principal alterations since last week:-

THE RUPEE, THE YEN, AND THE DOLLAR.

ar silver to the lowest point for many years. The proposals have met with a mixed reception in con-- Hongmercial circles, but, although the announcement is made that the Government concurs with the main recommendations, there is still a The tendency to defer criticism. matter comes under revise shortly

Canton Insurances and Kong Fires: Remain unchanged, Electrics:-Hnd a gradual drop of five and a Half dollars. Smail Icts of shares are now on offer at $58.

FRANCE: Societe Generale, Banque Trams:-Are quiet with prob.

Nationale de Credit, Banque deable buyers at $221. Paris et déb Pays Bas. LONDON:-Midland Bank Ltd.

NEW YORK-Irving Bank Columbia

Trust Co.

Evory description of Banking snd" Exchange Business Transacted. "Corro

Subscribed Capital ... Fr. 72,000,000.00spondents throughout the world. Paid-Up Capital Fra. 68,400,000.00 Frs. 69,867,283.54 Reserve Fund .....

Bangkok

Bailing

Canon

Dibouti Fort Bayard

Bphone

Hunkow

BRANCHES.

J

Hongkong

Noumen

13 14 וי .

J'aperto

DOMÍNK

Promi Peru BANKERS:

Poradiclvirry

Nixon

hosy bai bingag oru

Tintin

Mumba Yunani

IN FRANCE: Compicir National d'Escompte de Paris; Credit Lyonnais; Banguo de Paris et des Pays-Bas; Credit Industriel et Commercial; Socioto Generale.

IN LONDON: The National Pro- vincial & Union Bank of England. Ltd:: Comptoir National d'Escompte de Parit; Credit Lyonnais

IN NEW YORK; J. P. Morgan & Co.; French American Banking Corpora- cloa; Guaranty Trust Co. of New York.

Interest allowed on Current Accounts and Fixed Deposits according to arrangement.

Every description of Banking and Exchange Business transacted.

A. LECUT.

Manager. Hongkong. 11th December. 1925,

NEDERLANDSCHE HANDEL MAATSCHAPPIJ.

(NETHERLANDS TRADING SOCIETY.)

Established 1824. Hongkong Branch Established 1908.

Autherite #151;) () 150,030 609 £12.509,000) | Pai-Up Ampital... là HD, 0·6,94-67 Hoserts Fund... 21 7,340 £4,54,778 |

12 60 62 689 390 Social Reserva ..

HEAD OFFICE:-Amsterdam. EASTERN HEAD OFFICE:-Batavin.

BRANCHES:-

Bandersin Beng Baby

Calcula

huriy

Dinkjakarta

The Harus

AOREET

kunber Kabd Medan

Koti-Rajn

Padang

Penang

"Bolanins

Binaporo Fugst

Pembang l'eca, ngun

Pontianak

Saal Hug

jilathap

Kno

Shanghai

Soerakarta(Solo) Weltevreden

LONDON BANKERS:--- National Provincial Bank, Ltd. Correspondents all over the world. BANKING BUSINESS OF EVERY

DESCRIPTION,

J. C. MAÄSSEN,

Acting Manager. Hongkong, 3rd August, 1926.

THE YOKOHAMA SPECIE BANK,

"LIMITED;

Established 1880. Capital (fall, paid-up) Yon 100,000,000 Reserve Fund ....... Yon. 86,500,000

Head Offco:-YOKOHAMA.

Branches and Agencies at:

Batavia.

Newchwang,

New York.

Bombay

Buenos Ayres..

Osaka.

Calcutta.

Canton.

Dairen (Dalny).

Peking. Haugsen. Salcon

Rio de Janel:0.

Fengtien (Mukden). San Francisco.

Hamburg.

Scattla.

Hankow

Harbin.

Honolulu

Kat Yuen.

Euracht, Kobe. London

Lyons,

Maalls.

Nagaonid

NEZOJE.

Shangha

Soerabay*.

Sydney. Tientsin,

Tokyo.

Tainánfa.

Taingtau. Viadivostock.

Interest allowed on Current Accounts, Deposits received for fixed perioda at rates to be obtained on application.

ARIMA,

Manager Hongkong, 11th March, 1926.

A. ROLLIN,

Manager. Hongkong, 1st December, 1925.

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA. Incorporated by Royal Chater, 1863. HEAD OFFICE: LONDON.

£3,000,000 Paid-up Capitali..

£4,000,000 Reserve Fund

Reserve Llability of Propric-

tor**

£3,000,000

Agencies and Eranches.

ALDI, STAR

Muy Mate

CAMERATAR BANGKOK HATAVIA UM BAY CALCURTA CASTON CAWN PORK

COLOMBIA 11 HAPHONG TASUBCU UPANKOW HONGKONU 11.191.41 100

MADHAN

MANILA MRDAN NEW YORK PEKING PESANO PESHAWA PEKET RANIHOON HARAS

KRCABANG SKTOSAN SHASOHA MANULAPUR SOFRABAYA TAPING

China Sugars:-Have sellers at 4 shade under $23.

China Lights Are rather easy and shares could be obtain èd at $17 1⁄2 for the combined;

China Providents: Have been the medium of a fair business at $5 at which price there are still | buyers.

Steamboats:Are nominal at

quotations.

Hong Kong Lands: Are nominal at $80.

Humphreys: Continue to have sellers at $13.60...

in the Indian Legislative Seskich, and experienced critics are unwill- ing to express deinite opinions Boer Stalat until then.

Menntime, they have had Hittle opportunity to thorough- ly digest the Report and reflect upon the very important changes it contemplates. The Commission re- commends that a gold standard bullion system be ultimately, extub>- lished (as in force in the United kingdom but adapted to the pecu- liur needs of India), and that the gold value of the rupee shall be

13 1-3

rupees to the . 6d. or pound. The City generally agrees

in welcoming the decision to main- !tain the exchange" yalue of the rapee at its present level of 1a. Ed., for it is recognised that any change Wharves:Have declined to a would 'cause serious disturbance. selling rate of $110,

Cements:Are unchanged.

It also approves the establishment

Hong Kong Docks:-Are slight-of a gold bullion standard, with ly easier a $5816.

Star Ferries:-Show no change since inst week.

Dairy Farms:-Have sellers at $16%

London Quotations of the 9th inst.:-Banks 2123; Indos Dé- ferred £5, Shells #4 11s. 3d.

Exchange:-Demand rate on London is 2/2.1/16; and, T/T on Shanghai is Tis. 77.

It is also of interest to note that reports on samples of bamboo for " paper pulp manufacture were most favourable. Bamboo makes an ex- cellent class of paper, and science having overcome the difficulty of bamboo, the FMS offer a wonder extracting the "knor" from the

fal fold, if not for the supply of " the finished article, at least for the pulp that goes to make it.

TEA DIVIDEND.

London. August. 26.

The Ragalla Tea Estates, Ildy have declared an interim dividend

HONGKONG MARKET PRODUCE.

Bullock's Brains

+

APPROXIMATE RETAIL PRICES.

Butcher Meat,

Tongue, fresh. Tengue, corned

#

Chickon Capone,. Small Capons, Large

Duck

Eggs. Hen (cocking). Eggs, Hon (freah)

Fowls, Canton

Fowin, Bainan

Pigeons, Canton

Holhow

Turkeys, Cock

Turkeys, Hen

Snipe

Pheasant

Quail ... Partridges

Poultry.

Sept. 8 June, June, 1026, 1018. 2014

Ctx. Ct. C

lb. 55 30

12

50

28

28

29

:3

each

D2

per doz, 30

18

25

jb.

75 36

36

24

80 otch 55

DR

ib.

17

K1

sach

4857ENE# ##«BAREN

地府

ORA

D

paiz

UZAGRE| 1898

គភ៌៥ | ៩៩ ៩. } { } *{

Sept. & June, June, 1928. 1918. 1914.

1

AT

Cta, Cle. Ct;

*** Ib.

32 124

Prime Cut

+

34

93

Corned

牛肉

123

U

Roast

320,21

P

1oves

Broast

4

28

20

"18

PP

Soup

28 20

J

Steak

牛肉排。

32

24

*

Steak Sirloin Sausages

45

JO

"

40 20

A

tJ

Geeso

per set 15

10

cách 70

50

80

Head.

$1.20

12

-$1.20

Heart

1b. 22 13

"

Eump, Salt..

38

20

#+

M

Fost

each

10 10

H

Kidney'i

#t

16. 10

Tait

13

80 20

Liver

lb.

22

18

Тре

8

"

set. $1.20 $1.00 $1.00

1b. 48 .20

11

48

26

45

24

45

<24

Almonds

1h.

Ad

36

Braini

Por sot

Apples California)

Н

金山洋藥

20

24

» Feet

Fry

20

15

Bananas (bridge)

**

4

28

J

Head

20 20

# 7

Bach 12

10

10

Heart

each

13 10

H.

Kidneya

Lemons, China Lemons (Americs)

Jb.

13 10

金山檸線

sach

58

7

Lichaos, Dried

Liver

IB.

48 80" 24

荔枝干

3b.

26 30

Oranges (Canton)

38 26

新會甜機

Orangos........

98

44 60

23 21

J

per sot 78 80

Mantain

ench 14.

8

16

12

B0 20

ib. 25 25

20

82 20

$5 20

86

20:

40

20

specific safegards against an un- Calves' Head & Feet. due demand for gold for other than Mutton Chop monetary reasons, on the grounds

Leg

H

Shoulder

M

that such is likely to stabilise thel

to. satisfy

Seddlo rapee permanently, Indian sentiment, and to spare the Pig's Chitlings. rest of the world the dangers of a voracious demand for gold of a nature to upset the delicate credit As to the effect of structure.' the Commission's recommendations upon silver, the bullion market is The annual meeting of the relieved that the proposals involve Dairy Farm Ice and Cold Storage no immediate sales. Although the Pork Chop Co., Ltd., will be held on Septem-reduction in the reserve by 45 Foreign Exchange und General Bank-ber 25, 1926. The Transfer Books

KARACHI

KLX

KORE

KUALA LUMPUR RYTHING

TAVOY PYRNUSIN

TOKY

TRENGTAD

YOKOHAMA

ZANCANGA

(Philippion stimuls)

crores in ten years must be regare-

#

14

Ler

Loin

H

M

Fat.or Lard

ing business transacted..

Current Accounts opened and Fixed of the Company will be closed ed as a definite bear point, it is not regarded as probable that the Deponita received for 1 year or shorter from September 18 to September indian Government will begin the Sheep's Head & Fest.. periods at rates which will be quoted | 24, both days inclusive. on application.

Hongkong, 1st August, 1926.

THE BANK OF TAIWAN, LTD. (TAIWAN GINKO.).

Incorporated by Special Imperia! Charter, 1899.

Capital Subscribed Capital(Paid-up)

Yon 40,000,000 Yen 30,375,000

HEAD OFFICKI

15, Graceonarch Street, London, R, C,5,

Authorised Capital .£3,000,000 Subscribed Capital .... 1,800,000 Paid-up Capital 1,050,000 Reserve Fund.......... 1,350,000

ANK KRY: Two Bank of England & Midlined Bank, Ltd, HILANGREN I || Punckość Colle Kol Lumpur got:

Kadarla Bogkong. Konst(Praha) Sarah Aa Kobo,tay Howrah

singzan:0

HEAD OFFICE:-Taipeh, Formosa.

BRANCHES:

JAPAN:-Tokyo, Yokohama,

Orakn.

FORMOSA: Giran, Kagi, Karenko, Keelung, Makong, Nanto, "Shin- chiku. Talchu... Tainan, Takao, Tamsui, Toen, Heito, Taito.

OHN ochow. Swatow, Canton.

Mindra

Hontal

Caleista Kandy New York, Catambo Karmil Pannu Des Kota Bern Fort Youla (Minussblum}

HONGKONG BRA SCH,

او

A banker closely associated with Chinese affairs told a representa- tive of the Financial News. that: Barbel As the silver stocks held in China Breata

in the commercial Canton Fresh -especially

centres are considerable, a slump Water Fish. ef" the silver market would have a Carp disastrous effect upon the country's Catfish trade, which has already suffered a Codfish great deal on account of the civil Crabs war. Chinese business quarters, as Cattle Fish Every description of anking and Rezolenga bind-well as British interests associated Dab en trapanotovi, CHINA: Shanghai, Hankow, Amoy, TILES alowed on Current Accounts at 1 per

in trade with China, are, therefore. Dace conk por manam on Bally Balog and on Fixed Deposite at ratus that may be carerated greatly relieved at the Commission's Dog Fish Hongkong, Singaporo,application,

recommend the Eela, Conger decision, not to establishment of a full gold stan dard. Although, as a result of the Yellow reform, India's silver stock may Frogs undergo a gradual reduction, the Garoupa process being extended over a long Gudgeon period is not likely to disturb the Herrings

Aa to the Japan Halibot silver mårket. point of view, a Japanese banker said there was every reason to be Loach satisfied. Fluctuation of silver)

Bombay, Lemarang, Batavia,

Seerahaya,

Calcutta.

7, Queen's Finest Contral, ilonky, June 30 d

I

C, E, G, HANIEI,

Manager.

sh

Fresh Water

#

#

牛羊仔仔

等焦(省耀淡?

ERZSEER

وي.

29282288☎≈ 8¦§***27 8 11 7&8 (219 ale 18-28825281

"Carambola

Cocosnots

Pears (Canton)

Peanuts...

Perrimmons, Large

Puracio, Stam

Walnuts

Grapes

Artichokes

Beans, Sprout

Fruits.

##

##

apa-apan ABC.RM.

NEŠUS

33-227111989.

:10

12

16

each 15

d

ID.

15

དྷྲྀ ཎྜ འཕྱོ། བ བ ར ར བསྒོ་ ༡༠ ལ བ ར བ ད མཚོ ག ག པཿའྀ བབླ བ བཀོབ ཆེ བ འ

aule of its silver stock in the near Next Settlement Day is Tues-uture. Considering, however, that A. H. FERGUSON,

Manager: day, September 27, 1926.

up to now India's annual purchases

27

Heart

"

Kidneys..... Liver

THE

have amounted to about 25.000.000 Sucking Pigs, to order. ounces, the absence of its demand Sust, Road MERCANTILE BANK OF is bound to affect the market to a

great extent, and this feature must Veal “INDIA, LTD..

Inevitably reflect on China and Japan..

Mutton

·

Vegetables, &c.

Sarmapal

No..1...

Fish.

***

each

8

lb.

82 19

24

Long

$

15

8

20.

10

Best Root ...

..each

3 g 3

18

10.

Bitter Squash

· 10

Brinjale, Green

8 6

#

10

$1

H

Red

B

Б

12

$

Cabbage, Chinese

12

Б 12

-55

20 195

Н

(Shanghai).

20

23

24

'Cane Shoots, bunch

15

28

16 2

Cauliflower (Large)

. 80 #3

10

(Medium". Þ

27

10

· ទ

(Amaji)

12

10

8

恭喜榮

Carrots

18

Colery, Chitiene

糖契

10

18

Chillles, Dried

辣椒

76

20

30

Red

#

32

2$

Groen

.80

40

30

Curry Stuff, English..

24

18 15-

Cucumbera

#

38. 22

IN

Garlie

40 18 22

22

18

Old

21

24

32

21

Indian. Corn

442 20

20

Lettuce

56

32

26

Water Chestnuts ....

18

2

Mandarin.##

4:36 16 22

.

30 #14

9

Mushrooms, Frosh Okrote

20

15

Onions, Bombay

20

18

Green".

H

GA

28 14

Shangbal

上海理

26

29

Paritey

80

88 20

Potato, Swest

85

36

40

Japanese

日本

10

-10 14

American

JE

45 22 19

16 B 10

Pumpkin Radish Rhubarb (Fresh) Shallots.

*

32 10 10

76 20

85

Now York,

LONDON BANKERS: London County Westminster and Parr's Bank,

M

The Bank has Correspondienta in the Commercial

Goalies to the unmenn Continent, Exa

churia, Tsingtao, Japan, Indo-Chină, pismo, India

milepinefriande, day, Arrion, &c,

THE BANK OF CHINA. 行銀國中

Interest Allowed on Curiant Accounts, and Psd (Specially Authorised by Presidential

Denna tales which will be quoted an applica

Loo,

T. TAKAGI

Mandate of the Republic of China on the 22nd of November, 1917).

Labrus

Authorised Capital $60,000,000.00 tends to provoke fluctuation in Lobsters

$18,278,300.00 the yen. $ 0,028,426.24

Manager.

Paid-up Capital Reserve Fund

HONGKONG BRANCH:

3, Den Vaux Road Central, Hongkong, 7th May, 1926.

THE BANK OF CANTON, LIMITED.

Head Office-Hongkong.

KUTABLIND 19

Authorised Capital,

Paid Up Capital a Biler Bexarto Fund,

BRANGUES :--

HEAD OFFICE: PEKING.

HONGKONG BRANCH:

Whenever Shanghai Mackerel speculators sell silver they buy Moak lah yen, and vice versa, so that a Mullet- depreciation of silver tends to ap-Oyster preciate the yen, while improve. Parrot Fish. ment in silver tends to depreciate] Ferch (4. the yen. The solution of the Indian Pike currency problem is likely to have Pistes & stabilising effect upon the silver Pomfret, Black market. Had a full gold standard) Pomfret, Walte been adopted, it would have, pro- Prawo voked a silver slump, which, in Ray New York Bankers: The Irvingturn, would have resulted in a fresh Rock Fish 700,000 The Equitable Trust Company of New appreciation of the yen, and at Beach

....£1,200,000

£1,915

Ca on Hanghal, Bankow, Swasaw, „Mongkoh,,Now York and Gigi Franelano, formspandenje in all Principal olles of the

World. LONDON BANKERS.—

Fly Bank T.md. The 1 Every daverişlion of banking business -Safe Deposit Boxes in, various sizes to be lot free $51 to $10,180, yearly.

LOOK POON SHAN,

Hongkong, kakāpil, 1929,

Chief Manager.

4, Queen's Road Central Branches and Sub-branches all over China and Correspondents in Europe, America, and other parts of the world. London Bankers: The National Provin- cial and Union Bank of England, Ltd. The Guaranty Trust Company of Now

York.

National Bank.

York J

Interest allowed on Current Accounts and Fixed Deposits. Termas on applica- ition.

Evary description of Banking Busi, tors transacted.

Loans granted on approved securities. Special facilities for Home Exchange TSUYEE PEIĄ.

Manager!

present this is not considered desirí Salmon able. From the point of view of Shark .. the Japanese cotton Industries. Skate which cover a substantial part of Shrimps their raw cotton requirements in Sapper India, the stabilisation of the rupee Solen.. is welcomed, as it tends to stabilise the price of their raw material Turbot "China Express & Telegraph."..

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