:
HONG KONG AND SHANGHAI THE BANK OF EAST ASIA, LTD
BANKING CORPORATION.
Authorised Capital, tangan... $50,000,500 Larned nad rally Puid-mp ....... 20,000,000 Reserve Bandage
Starting
£8,000,00
kir... $13,500,000
Kvarve Listiity of Proprietor... 120,000,000
HELD OFFICE: HONGKONG.
COURT OF DIRECTORN-I
Ifon. Mr. X, O. St. Bernard,
Chitman,
dị . Goraptor, Ban Reputy Chain,
W, 11, 26), 5 q.
N. H. Brown EN.
W.1. Pattanien, Kay,
J. A. Pluwer, Kaŋ.
T., Wan, E.
li. P. While, Esq. *
Acting Chief Managgs, Jin, Mr. . . U
AMUT
BANGKOK
BATAVIA
BUMBAY
DALCUTTA
GANTUN UNKYOO
COLOMBO
DAIREN VOOCHOW .HAIPHONG
BAMBURG
JANKOW HARRIN DUNOKKW
ILOILO
JOHONE
KOUK
KUALA
LUMPUR
7
BRANCHES---
LONDON
LVONN
MALACCA
MANILA
MOVKDEN
NAGAHARI
NEW YORK
PRKING
PENAND
RANIOON
RALGON
HAN FRANGI, CO
SHANGHAI
SINGAPORE
SOURADAŤ a
HUNGELTATANI TIENTAIS
TOKYO
TSINGTAO YOKOHAMA
Corren! Accounts apesad (1) Local Quarency and Fire Deponite received fur une year of shorter parloita Legal Currancy, nal Stalin on Lerma which will bequister na applicasIDI,
Hong Kong, 7th April, 1957.
HONGKONG SAVINGS BANK.
The isukines of the shore, BRAIN by pan- duct Try Lho BONGKONG AND,SHANGHAI BANKING CORPOILATION, Rains may ha ebanon application.
FOR TUE HONGKONO, & RUANGHA BANKING CORPORATION,
A, C. Hyzer. Acting Chile! Stannger
Hongkong, 26 Miech, tuž2.
BANQUE DE L'INDO-CHINE.
READ OFFICE:
90, Boulevard Haussman, Paris.
Subscribed Capital.. Fra. 72,000,800,00 Pald-Up Capital, Frs. 68,400,000.00 Roserve Fund....Frx, 89,384,519.10 BLANCHES: Bangkok
Hanoi
Fondicherry Battambang-Hong Kong Saigon
Bengtze Shanghai
Nam-Dini Singapore
Tientsin
Cuntho
Cantun
Djibouti Noumea Fort-Bayard Papeete Tourane Haiphong Peking Yunnanfa Hankow From-Penh
BANKERS:
IN FRANCE: Comptoir National d'Escompte de Paris; Credit Lyonnuls: Banque de Paris et des Pays-Bas Credit Industriel et Commercial; Saplete) Generale.
IN LONDON: The National Pro- vincial & Union Bank of England, Lu Comptoir National d'Escompta Pacts; Credit Lyonnais.
de
IN NEW YORK: J. P. Morgan & Co; French American Banking Cor- poration: Guaranty Trust Co. of Now York.
Interest allowed on Current Accounts and Fixed Deposits according to arrangements.
Every description of Banking, and Exchange Business transacted.
Safe Deposit Boxca to lot.
CH. LEM,
Manager. Hong Kong, 26th February, 1927.
NEDERLANDSCHE HANDEL MAATSCHAPPIJ.
(NKTURELANDS TRADING SQUIRTY)
BANNERS
Established 1924.
Hong Kong Oftes:—11 Queen's Bead Content Authorised Capital. Quátilers 150,005,480 (£15, MX2000} Paid-up Capital tulidora 802830,000
[£0,005,47%) Reserve Fund
(uilders 21.1 17.540
(£1.250,778) Special Rowery ......................... Clulldem 22.000,00 Head Dmoe:-AMSTERDAM") Eastern Head OM06:—BATAVIA. BRANOMES;-Baden, Bandoong'), Boin
HEAD OFFICE: HONG KONG.
10, Des Voeux Road Central, Hong Kong
Authorized Capital ..........
Paid-Up Capital
Reserve
..$10,000,000 5,000,000 1,200,000
•
BRANCHES AND AGENCIES:- Batavia Melbourne San Francisco
Bambay
Nagumki
Bestile
Calochia
New York
Bemarang
Canton
Caska
Hingapore
Halphony Paris
Sonrabaya
Honolulu
Poking
Sydney
Kobe
Penang Tulperti
Tokyo
Kowloon Rangoon Tlentin Loudap Ration
Bhanghai. Correspondents in all prizicipal cities of the world.
Mani
Every description of Banking and Exchange budness transacted. Lonas granted on approvod securities.
SAFE DEPOSIT BOXES to lot.
KAN TONG PO,
Chlef Manager.
Hong Kong, 21st March, 1927.
行銀商工法中
BANQUE FRANCO-CHINCISE pour le
Commerce et L'Industrie (Incorporated in France),
5, Chater Road, Victoria, Hong
THE CHINA MAIL.
COMMERCE AND FINANCE.
WOOLLEN TRADE.
REQUIREMENTS FOR THE' SPRING SATISFACTORY.
CHINA BUSINESS CURTAILED.
Messrs. Robert Barbour and Brother state in their March report on the woollen trade:-
!,"
NEW YORK RUBBER.
Record for Import of Crude Material,
ECONOMIC PROBLEMS.
SOVIET TO TAKE PART IN CONFERENCE.
Geneva, April 30.
M. Litvinoff has telegraphed to Sir Eric Drummond that the So viet will co-operate in the Inter- national economic conference of May 4. in congequence of the Soviet Swiss settlement. The Soviet de- Messrs. J. E. Swan & Co. have legation will he headed by M. Os- received the following report dated sinsky, director of the Central March 18 from their New York cor Statistical. Board, and will include respondents, Messrs. Henderson, the former Finance Helm & Co...
Commissur
A FALLACY EXPOSED.
The importation of crude rubber] Sokolnikoff,-Reuter. into the United States during 1926) renched the highest figure over re-i corded for one year, according to a recent announcement of the Rubber Division of the Department of Com- merce. Gross, imports, excluding Guayule, amount to 025,877,712 . (413,338 tons at $505,- 817,807. This valoares with $429,705,000 in 1926 and $174,245, 000 in 1924. In 1926 crude rubber
The tone of the raw materia! | market is firm and active supported by the enhanced values current since the opening of the accond series of Colonial wool auctions which opened on the 15th, inst. From the commencement prices have ruled against purchasers and most of the daily lots offered, en- bracing a large variety, have been keenly competed for both by home and continental buyers. The gen-moved up from fourth to first place labour." Such is the assertion, a
in the value of our importa. It will million times repeated, of our un-. doubtless remain at the top in 1927.
eral advance in quotations sa com- pared with the January serles ranges form 5 to 7 per cent, and has been well maintained. Eng; Konglish wools found ready buyers and were cleared at good rates,
HEAD OFFICE: 74, Rue St. Lazare, Paris.
Reservest
In yarns spinners on the whole are well employed and in some Capital fully paid up... Frs.40,000,000 cases are covered for the next 2 to 3 months especially those engag- Special working capital. Frs.50,000,000 ed in the coloured trade. Business ..Fra,13,276,000 in crossbreds and merinos has been BRANCHES:
rather below expectations though there have been a fair number of Marreillen Lyons Haiphong Hanoi
offers. In piece goods, plain and Tancy dress fabrics, the latter in Tientsin Shanghai Hongkong
artificial silk and worsted mixtures, stock. However, if taken over Phon Penh
have been' most prominent.
Paris
Saigon Peking
BANKERS:
FRANCE:-Societe Generale, Bangga Nationale de Credit, Banque de Paris ut den Faya Bas. LONDON:-Midland Bank Ltd.
NEW YORK:-Irving Bank Columbia
Trust Co.
Every description of Banking and Exchange Business Transacted, Corrs
pundenta throughout the world. A. BOLLIN,
Manager. Hong Kong, 21st April, 1027.
Reserve Liability of Proprie.
tors....
*****. £8,000,000
All Wealth is not Produced By Labour.
"All wealth is produced by
MONDAY, MAY 2, 1927.
LOCAL SHARE MARKET.
Nam
OFFICIAL QUOTATIONS.
HONGKONG, MAY 2, 1927, 10.30 AM
Hong Konr
TT on London T.T. on Shanghaf
Banks. Hongkong Bank
do. Chartered Bank
Stock.
Exchange. Association.
Hear Konr Share a Sharebrokers" Estate Bro
Societ
2103
2006
7954
1033 £114 n
b
1035
1035 £nas
£20 #
A
0.❘ £13%
£32 £13% +
£10
68
68
14
London.
Mercantile Bank, A. & B. £34
do.
P & O. Bank
Bank of East Asia
Marine Insurance.
Canton Insurance
China Underwriters North China Insurance.. Union Insurance Yangtze Insurance
Fire Insurances.
China Fire Insurance H.K. Fire Insurance
Shipping.
Douglases
Hongkong Steamboats.. H.K. Tugs & Lighter Indo-Chinas (Pref)
do. (DeL) Shell Transports Star Ferriei Water-boats
Refineries. China Sugars Malabon Sugars Mining.
The Rubber Association monthly scientific labour "economists" and reports were issued the first of the their dupes. week, giving the February statis-
The part played by other natural ties. The outstanding fenutre was the quantity of rubber on hand and forees than labour-power, which in transit overland, which was re- after all, is as much a form of ported at 91,086 tons. Stock afloat energy as electricity or steam, is amounted to 42,166 tons. The con- sumption was 30,137 tons, only discounted, whilst scientific dis 1,100 tons less than January. The covery, invention, and manage- corrected arrivals were 27,600 tons. ment, by means of which labour- The difference between arrivals and pewer is utilised to the best advan- consumption does not account for tuge, is not apparently, considered the increase of 15,000 In of any preductive value,
Bengueta The following statement made period of 12 months, the difference some time ago by Dr. F. Read, of between net ir oris and consump-the United States Bureau of Mines, tion would aunt for this stock effectively explodes this labour fal-
lucy: on hand of 96 tons.
The real basis of the power of Pessibility of fecrease In London.
a nation is its energy resources, rather than its man-power strength.
The modern way to 1180
tona
a
the
The London Stocks on March 11 reached 61,516 tons, in increase of 1,671 tons during the week. It is energy of a man is to employ it in estimated that there will be a de- a way similar to the little detonator crease of 400 tons this week. This of the big explosive shell-the little will be the first decrease since Nov- charge sets off the big one, and does ember 27, 1926,
an amount of work far in excess of its own capacity.
Energy Output.
The London average spot price from February 1 to March 10 was 19.411 d. An average of 22.678 d. is necessary the rest of the quarter in order to raise the quarterly workman is about a tenth of a average to 21 d.
Ar
A
not
be East,
"The energy output of an average
Less Demand for Chinn. Requirements for the Spring are mainly satisfactory. Fine worsted cloth producers are moderately busy mostly on orders for export and in medium weight classes, 12 to 16 ozs. more is doing than in any¦ other section of this industry the new designs on the market having found a ready response. Owing to the serious situation in China the production of the heavier grades) ranging from 18 to 20 ozs. ia print-
cloths, ed coatings, army
over- boen coatings and vicunas has greatly curtailed and operations are far below the average at this sch
horse-power. The energy expended THE CHARTERED BANK OF
to by a coal miner in an 8-hour day The arrivals from March 1 INDIA, AUSTRALIA & CHINA. Blankets for
mainly March 16, inclusive, are estimated thus amounts to about that avail- export, scarlet, are in good request and the at 25,500 tons, Arrivals for the able from 2lb. of coal.... The Incorporated by Royal Chater, 1858. output of travelling rugs is slight month at all
(U.S.A.) are esti-American miner gets out 8,8881b. of HEAD OFFICE: LONDON,
yon the increase. The majority | mated 39,20 s, subject, to all coal in a day, and so multiplies his Paid-up Capital
£3,000,000 of flannel firms are now well en boats
arrin
according to energy by 4,400. Reserve Fund
£4,000,000 gasted on the heavy contracts reschedule.
There are 41,000,000 wage- cently placed by the Government
earners in the United States, and for the Army and Navy but there is
their output is a little over a falling off in the home market,
regoing does 4,000,000 horse-power, or only nine due to the present high prices,
ige in our times the potential energy in the estim
February 4, but the form of coal of 100 miners. ata from the East may heavy
"The power minerals, coal and. reflect earlier absorption of the petroleum, and water power unused cupons than was generally therefore, the ren! sources of aniteipated. The large arrivals strength in an industrial civilian- have also had the effect of stem-tion." ming advances, which resulted from "When it is added that the out increased factory buying. The ar put of the Japanese miner is only The Company Law Amendment rivals for March are again heavy. 1,400 lb. per day, as compared with Bill, which the Government hopes but there should be appreciable American average of over six times soon to introduce in the House of falling off beginning April.
as much, the difference between the Lords, will contain between 80 and
There is nothing to indicate a value of ordinary labour and labour 90 clauses. It is not expected, how-guficiently high average between plus machinery and scientific ever, that the proposals will prove now and May 1 to prevent the add!-management is emphasised, and the very contentious, for they are
tional 10 per cent, cut in produc-fallacy at the root of much of the founded on, the unanimous recom. tion over the restricted area, and, unrest amongst the labouring class Foreign Exchange and General Bank-mendations of, a committee.
thia impending decrease in producis evident. ing business transacted.
The measure contains provisions on with the excellent reports of Current Accounts opened and Fixed concerning share-bawking, for the tyre sales from all sections of the Deposits received for 1 year or shorter inclusion of which credit is large country combine to scare off any periods at rates which will be quoted ly given to "The Daily Mall" for its thing resembling "hear" attack. on application.
exposures of the "Share-pushers'
We are looking for an orderly move- methods. House-to-house touting of shares will be made illegal, with ment in the market, but gradually
toward higher levels. heavy penalties for offenders, and apecified information must accom. pany written offers for sale.
MADRAS
Agencies and Branches. ATOIL STAHL
Anjay Sales) AMRITHI BANGKOK
MATAVI
GAILUTTA CANTON CAWNPORE CERU COLOMBO DELHI HAIPHONG
HAMBURG HANKOW
KONG
HONGX
HOLLO IPUH KABAGHI KLANG
ROBK
KUALA KANUBAT
Perak, (Y.M.M.
KUALA LUMPUL KUCHING
MANILA
MEDAN
NEW YORK PEKING PENANG PESHAWAR PUKET RANGOON SAIGON
BEMARANO
BEREMBAN
SHANDAL
SINGAPORE SOURABAYA TAIPING
(1238) TAVDY TIENTSIN TUYU TSINGTAO
УОКОПАРА
[hilippine Islands)
J. R. GEORGE,
Manuger. Hong Kong, 7th March, 1927.
THE BANK OF TAIWAN, LTD.
(TAIWAN GINKO.)
Incorporated by Special Imperial Charter, 1899.
bay, Calosita, Urbon, Del. Capital Subscribed dah, Djember. Dlakjakarta), The Capital (Paid-up) Hague'). Kube, Kata Bija,
MAKANNAT
Mina, Padnag
.....Yen 45,000,099 Yen 39,375,003
Palembang. Pekalongan, Po HEAD OFFICE:-Taipeh, Formosa.
Ponisnik, Rangqub, Rolliga i
Barang), shanghai,
*(Bumatra ). Souriala, Soet
karta (Bala). Tol, Tatjan
and Walerrudan,*)
Exzes in let.
BRANCHES:
NEW COMPANY LAW.
Heavy Penalties For Share-Pushera.
It will be made illegal to issue an "abridged prospectus" accompanied by an application form inviting a subscription.
Companies will be prohibited from directly or indirectly provid- ing financial assistance in connec- tion with a purchase of their own shares by a third person, as it is thought that this practice is open to the gravest abuses.
LAND INVESTMENT CO.
An extraordinary meeting of the
Thess oflleen hara vals depola? Bank, 1 FORMOSA: Giran, Kagi, Karepke, Hong Kong Land Investment &
Loudun
sakars-National
Correspondents all over the world.
Baking luminose of every
domcription transacted.
6. STRENATUA
Manager.
THE YOKOHAMA SPECIE BANK,
LIMITED.
Established 1880.
Capital (fully paid-up) Yen 100,000,000 Reserve fund
Yen 92,600,000
Head Office:-YOKOHAMA,
Branches and. Agencies at: Alexandrin.
Newchwang.
Batavia. Bombay. Buenos Ayres. Calcatta. Caaton. Changchan Dairen (Dalny). Fengtien (Mukden).
ankow.
Hamburg.
Hong Kong.
Honolulu. Kal Yuen.
Karachi
Kobe.
London.
Los Angeles.
Lyona
Mania
New York.
Osake
Peking.
Rangoda.
Rio de Janeiro. Saigon, San Francisco, Beattle.
Semarang, Shanghol Shimano80k. Singapore. Boerabaya Sydney. Tientsin.
Tokyo. Tainando, Tsingtau. Vladivostok
(Temporarily
closed).
Nagasakla Nagoya
Interest allowed on Current Accounta. Deposits received for fixal periods at ratos to be obtained on application. ¡
H. MORI,
Gigy Manager, S Huw Kong, 11th March, 1927,
JAPAN:-Tokyo, Yokoham, Kobe,
Osaks.
Keelung, Makong, Nanto, Shin. Agency Co., Ltd. is to be held in aiku, Taichu, Tainan, Takao, Messrs. Jardine's board room at 12 Tamsui, Toen, Heito, Talto.
noon on May 10 to pass a resolu- CHINA:-Shanghai, Hankow, Amoy tion with regard to an account in
Foochow, Swatow, Canton, OTHERS: Hongkong, Singapore, the company's books due to the Soerabaya, Semarang, Batavis, death of Sir Paul Chater, who was Bombay, London, Kow York, on of the company's · managing Calcutta.
directors..
LONDON BANKERS: London County Westminster and Farr's Bank,
The Bank has Gorrespondents in the Ocamerplad Centres in the European Continent, Stasin,_HANA charla, Tangtao, Japan, Indo-China, Biam, India Philippine Islamin, Java, Kirsen,
Interest allowed on Current Accoasts, and Fix Depolta at rates which will be quoted on applica 到哒
T. TAKAGI,
HONGKONG BRANCH:
Manager.
3. Des Voeux Road Central.
Hong Kong, 7th May, 1928.
THE BANK OF CANTON, LTD.
Established 1912.
Head Office-Hong Kong,
Authorland Ospitač (ILK, Currency)... 11,000,000 Paid Up Capital and 8,001,200 Heserve Fundamdamin
Веде BRANCHES-
Canton, Shanghai,, Mankow, #małów, Baagtok, New York and San Francisco,
LONDON BANKERS /--
The Lloyd's Bank Limi DORRESPONDENTH
-In all principal cities of the World.
Foreign archange and banking bulbs of Deposit Boxes (scious vissa) at a yearly
every description triacled.
sautat of from: 15 to $10, AND.
LOOK POONG SHAN,
Chief Manager.
Hong Kong, 19th Wobruary, 1917.
THE BANK OF CHINA..
行銀國
(Specially Authorised by Presidential
Mandate of the Republic of China on the 22nd of November. 10171. Authorised Capital $60,000,000.00 $18.279,400.00
Paid-up Capital Reserve Fund
* 9.020.425.24-
HEAD OFFICE: PEKING.
HONGKONG BRANCH: 4, Queen's Road Central. Branches and Sub-branches all over Chira, and Correspondents in Europe. merica. and other parts of the world. Lonton Bankers:The National Provin
WASTE THE ENEMY.
Sir Charles Marston on Industry.
industrial
"THE MUSTARD CLUB."
are
Kailan Mining Ad. Langkats (Combined)
do. (Single) Shanghai Exploration Shanghai Loan Raubs Tronoh Mines Ural Caspians
Docka, Wharves, Godowns, &c.
H.K. & K. Wharves H.K. & W. Docks Hongkews .... New Er-zineeringe Shanghai Docks
Lands, Hotels & Bldgs H.K. & S. Hotels Hongkong Lands Hongkong Realty H.K. Territories Humphreys Estates Prince's Building Rural Lands
Cotton Mills.
Ewo Cottons Orientale Shanghai Cottons (old)
¿deos
n.
n
cts n
cts a to c. b
b
b 290 b
$38 M
38
น
b
31
D
b
11
A
fá dá u diasko? 11 Basmar-12
n
D
འ གྫོབ བ ཋ བ བ
10 11 18 malmetrt an
DA
П
t
"
0
b
D
ים
བྷྱོཿུ ཙྪཅཡུཕནྤྱི
40/
334
12
38 *35 T41⁄2 b T100
L
1375
42
b
100
6,90
b
614
5rb 528
է.
6
១:
14
G
12
89
14
do.
MiscellaneouZR. Canton' Ices Cements (comb.)
do. ⚫do. China Buses
(new)
T. 7.20 b -TID 28 T52 D T27
7:10
134.bz
2
b.
53
Д
27
(old) (new)
92
China Lights (comb.)
*do.
do.
(old) (new)
China Prov. Dairy Farms
4.05 15
4 05
D
4
144
15
n
1
Hongkong Amusements. HK. Constructions
1754 b 184 b
1754
2.40
2.30 n
2.30
Hongkong Electrica H.K. Ropes (old)
51% b
514
b
51
П
10
D
10
2
do. (new)
5
5
1
2014
in
Hongkong Tramways Lane, Crawfords Macao Electrics Mackintosh
204
20,20 b
7
7.
7
The ingenuity displayed modern methods of advertizing is little short of amazing, and, indeed, some of the latest efforts have suc ceeded so well as to have become.: for a season anyhow, matters of real public interest.
heard in London'a
A case in point was "The Mus- tard Club" campaign, which sud- Clear thinking on questions will be aided by a careful dealy burst upon an amused public and was so skilfully handled that, reading of Sir Charles Marston's within a very few days of its in- "The Christian Faith and Indus- ception, one try," just published by the Society buses and tubes the question, for Promoting Christian Knowledge What is this Mustard Club that (28. 6d.). The author demolishes I'm always seeing announcements tite mischievous fallacy that the of in the papers?" Industrial system is an unequal The primary aim and object of combination of capital and labour: the
campaign was
thus
early
Der A. Wing
Nanyang Tobaccos
Peak Trams (old)
do. Sinceres Singapore Trame Taxia United Asbestos
do. Watsons
35
ཝཱིཎིཾ།
75
b
12
I
10/6
DADDA
19
9 бо
ย
(new)
ព
9
b
.b.
9
106 b s 11/
1
A
I
.65 Cts o
(Founders) (Ordinary) 20
600-
U
I
1
*I
6 3.70
6
Д
S
b
344
1
3.60
Wm. Powells H.K. Telephones
EXCHANGE.
As though any amount of achieved, for the public curiosity of money, combined with
any was whetted; people wanted to Famount of labour, could in some know more.
mysterious way produce any- Another very successful method thing but chaos! Slowly, very of publicity is where the name of slowly, it is dawning upon cur in a firm and its product are linked. On for don dustrial and political leaders that The raw material, asbestoes, for a third factor had been overlook instance, with its manifold uses, is ed, and that, after all, industries well known in practically every had to have heads. So, grudg- corner of the world, and it can be Ingly, but of necessity, a third truthfully said, too, that asbestoce element has to be recognised—is universally linked up with the the element of brains.
name of Bell.
From which follows the inevit
ability of unequal rewards:
4 months" sight Cadit 4 months sight
The two names have become, so to speak, synonymous, as a result of On Paria Almost any difference may the high reputation achieved and Un demand
their constant employment, together exist between efficiency and in- officiency; but if we take an eff in all the firm'e publicity. clent standard of manual labour there is reason to believe that a ́considerable percentage of work-
men can do three times as much; as others. And when we come to Industrial matters; involving head work rather than hand work, the difference is for greater.
cial and Union Bank of England, Ltd. | able workman in his ambition. The Guaranty Trust Company of New
YorkNRA
New York Bankers: The Irving
National Bank. Ma
The Equitable Trust Company of New
York
Interest allowed on Current Aésounts
and Fixed Deposita. Terms on applica. tloris vi
Every description of Banking Busi ness: transacted..
Loans granted on approved securities. Bracial facilities for Home Echarge.
TSUYEE "PEL Mandger
1
LONDON EXCHANGES
Vieneva
msterdam
Helsingfor Madrid Lisbon Athana
1985
...*97.68
3334 $65
Rozby, May !
Hongkong. 2nd May 1927.
Pacia
* 124.
New York
Brussels...
* 26.99£
Bank Wire
2'-1
*** 35.36
++
On dosiand... 20day'ssight.
12.18 25/82
81 11/10
H
? 1-3/16
Documentary, 4 manibs sight 2/1-876
Herlin
ockbol Copenhagen พ Vienna
-
50.103
18.18
18.91
18.76
24 817
Prague
184.
200 1945 Credits, 4 months' sight
1320
On Berlin-
On demand
On Now Tork
tin demand
RUBBER EXPORTS,
Credits, 80 days' sight
On Bombay.
Wire
London April 30.
On demand
136)
of
On Blog poro-
On demand
Ün
Mobila
On demaid
On Bhsnebai
Oa
domand
nom.
30 days' aleht (private paper).
On Tokoba
On doirani
Me
2014
·26 11/18
The Colonial Office announces On Calcutta-
Wire that the percentage standard.
"On den and
The effect has been to thwart the production of rubber which may be exported at the minimum rate of Restricted output and artificially duty from Ceylon and Malaya for Inflated wages are barrier to pros- the quarter beginning May 1, will perity. When a worker. receives be sixty-Reuter,
tributes in work he depletes ta resources:
from an industry more than he con-
nom.
Badherent
770.
Rig
19/8
Buenos Aires
47 37/4
1/0 7 38
1/EL 19/3
The colossal waste that goes on The 30th annual meeting of the Rovereigns (Bauk'a buying rate) 39.60. In every factory, both of time and Chins Provident Loan & Mort Silver par or th material, is another obstacle to age C. Ltd. is to be held in St. Barver in Hongkong satisfactory progress; Indeed, in
Chinese Copper Cash-hard
this country it is certainly one of George's Building at 12 noon on Obissss Oopper ente the main obstacles to higher May 14. The company's transfer Rate of Neuve Interest my p wages Waste in every shape books will be closed from May 11 Chine Buba Colo and form is the supreme enemy.
till May 18 inclusive.
Hongkong 8ab Coin,
Pombay
bangbal
Hongkong
Yokohama
silver. Apoi
Silver Forward
1/0
25 11/28
Do 15 11′ 18
-British Wireless Hervics
TOURISTS' ADVENTURE.
ndon, April 16. Madrid.-A' number: of tourists sacended the tower of Las Palmas Cathedral, but vere unable to re- turn, as the lift got out of order, and there was no staircases}{.....
So the tourists, of whom two, were women, had to be let down by ropes from outside, involving suspension in mid-air for some time.