EFFECT ON SHANGHAI
WEDNESDAY, JUNE 29, 1927.
TRADE DEPRESSION. laid down cost in Shanghal of all measure due to the low rates of Imported goods and in addition the exchange at which the goods were Civil War has reduced our volume imported. of business in all the outports owing to the uncertainty of Bidence there as customers were not to the same extent as in normal willing and possibly unable to buy years,
2
HONG KONG AND SHANGHAI: THE BANK OF EAST ASIA, LTD. "
BANKING CORPORATION.
Authorted Capital, ..
$5,000,000.
Issued and Fully Paling....... $20,000,000 Besar Zandr
Starting £6,000,000 Evet,......... 213,800,000
HEAD OFFICE: HONG KONG.
10, Des Yœux Road Central, Hong Kong
.$10,000,000
5,000,000 1,200,000
Authorised Capital
Paid-Up Capital
Reserve
Bowerye Klability at Proprietor.$80,000,000
Butavia
Bombay
Nagasaki Seattle
Calcutta
New York
Semarang
Canton
Osaka
'Singapore
Haiphong
Paris
Sourabaya
Bonolulu
Poking
Sydroy
Kabe
Penang
Tainch
Kawloon
Rungoon
Tientsin
Tokyo
THE
CHINA MAIL.
COMMERCE AND FINANCE.
HEAD OFFICE I MONGZONG.
COUNT OF DIRECTORS:04
Hon. Mr. D. G. M, Bernard,
Chairman,
a. it. Compton, Erq. Deputy ChairmKI.
W. II. Hall, Rag.
K. 4. Brown Kaq.
A. Macgowan, Faq.
AMOT BANGKOK BATAVIA
BOMBAY
CALOUTTA
W. L. Pattenidos, Kay
T. Q. Well, Esq.
I. P. White, Bej. ››
Acting Unit Manager. Hon. Mr. A. O. Hyun BRANCHM-
LONDON LYONG
BRANCHES AND AGENCIES:-
London
| Manila
Melbourne San Franciaco TRADE IN HANKOW.
Salgon Shanghai Correspondents in all principal cities of the world.
Every description of Banking and Exchange business transacted. Loans granted on approved securities.
SAFE DEPOSIT BOXES to lot.
KAN TONG PO,
Chlof Manager.
Hong Kong, 21st March,, 1927,
MALAGOA
MANILA
MOUKURR
CANTON
SAGASAKI
UNYOO
NEW YORK
COLOMBO
PKKING
DAIREN
行銀商工法中
***HOW
RANUDON
HAIPHONG
SAIGON
HAMBURG
BAN FRANCISCO
HANKOW
BHANOIAL
HARRIN
SINGAPORK
NOURABAYA
помакин
Follo
JOHORE
XOBE
KUALA
LUMPU&
PENANG
BUNGHI PATANI
TIENTUIN
TOKYO
THINGTAO
"YOKOHAMA
Current Accounts openes in Local Gurreacy at Pixad Deposite, received for one year of short perfo in Local Carrancy and Sterling De term which will be quoted unappesus.
Hong Kong, ita May, 1987,
HONGKONG SAVINGS BANK.
The Business of the above Hink is gun- qanted by the BONGKONO AND SUANGHAI BANKING CORPORATION. Butas may be obtained an application,
FOR THE HONGHONG & BANGKAL SANKING CORPORATION.
A C. Ryzio Acting Chief Staunger
Hongkong, 9th March, 1927.
BANQUE DE L'INDO-CHINE.
HEAD OFFICE:
BANQUE FRANCO-CHINOISE pour le
Commerce et L'Industrie
(Incorporated in France).·'
Reserves
Paris.
FALL IN NATIONALIST
NOTES.
RICE SHORTAGE.
DIVIDEND.
COMPANY TO PAY FOUR PER CENT.
SATISFACTORY FIGURES.
FIRM
-
Future Problematical,
re-
Bank Overdraft. Bank overdraft is $481,677.67 or We hope however to get this con- $20,986.17 higher than last year. siderably reduced at early date.
General reserve is unaltered at
report.
an
This, gentlemen, is all I have to say In connection with the report. and accounts now before you but. before putting the resolutions to the meeting if any shareholders have any questions to ask I will do my best to answer them.
The 31st annual general meeting of shareholders in Lane, Crawford and Co., Ltd., was held in the Shanghal office when Mr. J; Am
It is quite impossible to forecast brose occupied the chair. chairman's speech was as follows: year will be but our turnover for
The what the outcome of the current $160,000.00 but you will be asked to deal with $100,000.00 of this Gentlemen: The report and ac-the first quarter is somewhat lower reserve in the manner shown in the counts for the year ended February than that for the corresponding 28, 1927, having been in your handa period of last year. for the requisite period, I will, with i With regards to the accounts now your permission, take them The following trade report is
as before you, they do not need much The 28th annual general meeting rend. issued by the British Chamber of of the S. Moutrie and Co., Ltd. was
comment, though there are in them Commerce at Hankow for the week held in Shanghai when Mr. W. J. Issue of the aforesaid accounts attention viz:-
Your Directors regret that the a few Items to which I would draw ended June 15 and gives a review Iseman occupied the chair and have been delayed somewhat which of conditions in that port for the presented the following annual re- is, in a great measure, due to the Lot No. 6103 and 8079 stand in our Land and building being B. C. period mentioned:
port and statement of accounts to fact that those responsible for Books at $330,000.00 whilst the Again it is necessary to report a shareholders:
their production ware further worsening of the economic The reports and accounts having through local political troubles to by the Council's Assessment Com- MOVEMENTS OF STEAMERS.
unable value placed upon the land alone situation during the week and a bean in your hande for some days, devote the time requisite for their mittee is $597,602.73 or a difference further decline in the exchange which will have given you time to completion, they being more or less value of the Nationallst irredeem-examine them, I propose therefore engaged in local military service uble notas, Tix. 135.00 paper having to follow the usual custom and take for the defence of the Settlements. been paid for Shangha! Tls. 100.00 them, as well as the Auditors' Cer- this being equivalent to a discount tifiente, as read. of at least 38 per cent. in the nominal value of the notes.
This year has been by no means
whilst B. C. Lot No. 625 occupied your favour of $267,602.73,
by Messrs. Dombey and Son, which stands at $56,172.48 in assessed at $103,958.42 or a difference in your favour of $48,871.00, or total difference on the three lots in your favour is $316,383.73 and I have every reason for saying the above assessments are not at all high. stand in our books at $27,122.48 or Furniture, fixtures and machinery reduce the slightly higher than in 1925.
Stocks have been most carefully
Year's Loss. Your Directors also regret that an easy one for business, especially the result of the year's working is It is interesting to trace the de- for those branches of the company a loss of $27,396.95 due to the cline from parity in the value of that are in China. I do not intend great trade depression in Shanghai these notes since April 18 on which to take up your time with a repeti-and the outports together with the 5. Chater Road, Victoria, Hong Kong. date the Nationalist Government tion of the various occurrences re-very active competition from those decreed that they should no longer ferred to as you are all well aware in business similar to ours, which HEAD OFFICE: 74, Rue St. Lazare,be redeemable in silver. During of them. Notwithstanding these has compelled us to
the week ending April 27 a system set-backs, however, it is with great prices of our goods to meet such of official rationing of remittance pleasure your Board are in such a competition, added to which the checked and stand at $607,523.67 or "Capital fully paid up....Frs.40,000,000 to Shanghal was inaugurated, 22 position as to be able to lay before lower rates of exchange ruling $52,826.55 higher than in 1925 Special working capital. Frs.50,000,000 per cent. discount being the rate you a report and statement of ac- during the year have increased the which increase is in a very great
.Frs.13,270,000 fixed, although almost immediately counts such as those placed before 7 per cent. was charged in the open you, and which I feel sure you will market. The official scheme failed view with equal satisfaction. lamentably 48 по appreciable amount of remittance was ever permitted at official rates. By May 11 the notes sum together were at a discount of 13 per cent. this having increased to 18 per cent. one week later. By June 8 the dis- count had increased to 31 per cent, and now 58 days after the placing NEW YORK:-kving Bank Columbia of the embargo upon the use of
Trust Co.
silver the irredeemable notes are at a discount of 38 per cent. Situation To-day.
Paris
Saigon Feking
BRANCHES:
Lyone. Marseillea
Halphong Hanol
Shanghal Tientsin Hongkong Phon Penh
DANKERS:
FRANCE: Societe Generale. Banque Nationale de Credit, Banque de
Paris et des Pays Bas. LONDON: Midland Bank Ltd.
96, Boulevard. Haussman, Paris.
Every description of Banking and Subscribed Capital...Frs.72,000,000.00 Exchange Business Transacted, Coc Paid-Up Capital ...Fra.68,400,000.00 respondents throughout the world, Reserve Fund
.Fra.89,384,510.10
A. ROLLIN,
Manager. Hong Kong, 21st April, 1927.
BRANCHES: Hanoi
Pondicherry
Mengtze Shanghai
Battambang Hong Kong Saigon
Bangkok
Cantha
Canton
Dijbouti
Fort-Bayard Papeete
Nam-Dinh Singapore Naumen
Haiphong Peking
Hankow
Pnun-Penh
BANKERS:
Tientsin
Tourene Yunnanfu
IN FRANCE: Comptoir National d'Escompte de Paris; Credit Lyonnals; Banque de Paris et des Pays-Bas; Credit Industriel et Commercial; Societe Generale.
IN LONDON: The National Pro- vincial & Union Bank of England, Ltd.; Comptoir National d'Escompte Paris; Credit Lyonnais.
de
IN NEW YORK: J. P. Morgan & Co.; French American Banking Cor- poration; Guaranty Trust Co. of New York.
Interest allowed on Current Accounts naid Fixed Deposits uccarding to arrangements.
Every description of Banking and Exchange Business transacted.
Safe Deposit Boxes to let.
CH, LEM,
Manager.
Hong Kong, 20th February, 1927.
NEDERLANDSCHE HANDEL MAATSCHAPPIJ.
(NETHERLANDS TRADING SOCIETY)
BANHKES
Established 1NL
Bong Kong Office:-11 Queen's Road Central
Authorlard Cape
Pald-Up Capital
Rowers Fund
Epecial EverTO
Cullers 150.30
(£19,000,000) Galders $0.000,000 Guliders 21,317,340
(£5,006,07)
Culiders 2.550,000-
(£1759,778.)
(CRS)
Head Omos: AMSTERDAM")"
Eastern Head Ofoe:-ATAVIA
You will observe that the balance standing at the credit of Profit and Loss account is $92,756.47. This with $18,698.58 brought forward from last year's account, but less the interim divi dend of 6 per cent. $24,585, leaves a total balance for disposal of $81,870.05 and which your Board recommends be dealt with follows:-
To pay a finnl Dividend of
as
4 per cent., absorbing..$10,390,00 To pay a final special
pore for this port on June 25, p.m., The B. I. 8.8. "Tilawa" left Singa- and is due here to-morrow morning. The CPS, R.MS. "Empress of Russia" arrived at Kobe yesterday, at 6.30 a.m., left in the afternoon at 5, and is due at Yokohama to- morrow; at 7am.
The following vessels of the Compagnie des Messageries Mari- times are expected here:- "Faul Lecut," July 5. "Amazone," July 19. "Yalou," July 22. "Chenonceaux," August 2. "Athos I," August 30. "D'Artagnan," September 19.
HONG KONG MARKET PRODUCE.
Beef Sirloin
Prime. Cut
APPROXIMATE RETAIL
Butcher Meat.
Comed
ja
Rount
Breast
16.310,05
$81,870.05 #F
Soup
Steak
20
Steak Sirloin Sausages
To-day the situation is, there is scarcely any business being done, bonus.of 36 per share.. 49,170.00 and most of the little that is pass-To carry forward to New ing is being done for payment in Account Shanghai currency, the British paper the Central China Post is still closed, 88 days since it was summarily closed, by the Unions compelling its employees. against their own inclinations, to strike. The Foreign Banks continue closed, officially, for although they are functioning to their own clients they do not handle Nationalist cur- £3,000,000 reney and indeed have not done so £4,000,000 since it ceased to be redeomable in
silver. £3,000,000
Rice Shortage.
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.
Incorporated by Royal Chater, 1863.
HEAD OFFICE: LONDON. Pald-up Capital Reserve Fund Reserve Liability of Proprie
tors
Agencies and Branches: ALOR STAE
(Malay Htsten)
AMRITSAR
BANGKOK HATAVIA BOMBAY CALOUTTA
CANTON CAWNPORE CKLU COLOMBO DELHI HAIPHONG
PURO
HONG KONG 110170
£PO
KARACHI KLANG
KUBK
KUALA KANGSAR
Perak, (...) KUALA LUMPUR KUCHING
MADILAB
MANILA
MINDAN NEW YORK PEKING PENANG PRAUAWAR PUKET KANGUON
· BAIGON NEMARANG SEREMBAN SHANGHAI SINGAPORE NOUBABAYA TAIPING (P.M.S.J TAVOY
TIENININ
TOKYO
THINUTAO
YOKOBAMA
ZAMBOANGA
· (Philipplas Islanda)
Foreign Exchange und General Bank- ing business transacted.
Current Accounts opened and Fixed Deposits received for 1 year or shorter periods at rutes which will be quoted on application,
Manager.
J. R. GEORGE,
Hong Kong, 7th March, 1927.
The shortage of rice referred to in the last report has been some- what accentuated during the week, supplies from up river are coming in very slowly while no supplies from down river are arriving, Chiang Kai-shek who controls
כו
In regard to this allocation you will note no additions have been Bullock's Brains made to Reserves or Equalisation of Dividend Fund.
Tongue, fresh.. fully adequate when taken in con- The former are junction with the amount of our liquid assets, and in regard to the latter we prefer to carry forward a to the current year's account in larger sun, than in previous years, view of the difficult times we have atil yet to go through before the local political situation is settled.
Sundry higher, but by no means dispropor Mation Chop
are elightly Calves' Head & Feet.. 44 tionate to the increased volume of business done.
debtors
Assets.
Under this heading you will note;
Leg
Shot Wer
19
Baddle
Wuhu having prohibited the export there now appears.Investments Fig's Chitlings of rice to Hankow which is declared to be "enemy country." Chiang Kai-shek's forces are reported to be approaching Hankow from down river.
AMERICAN CORN PRICES.
Prices Jump Wildly in Chicago,
$37,109.39," which represents prac tically all S.M.C. debentures, and while you will note stated that the market value of these on 31st March last was $71.956.95, this value has considerably appreciated since.
Special Transfer.
21
Braina
Feat
T
Fry
Head
4
"
Heart Kidneys
H
Liver
One other item calls for attention and which is entered on the Proft Pork Chop and Loss Account-"Special Trans-
n Leg fer to Staff Superannuation Fund" " Loin $19,957. This sum was transferred Fat or Lard
preciation of S.M.C. Debentures, In to the Fund to make good the de- Sheep's Head & Feet.. which securities the Fund is invest- ed in. In the event of these De- appreciating to their
Chicago, June 28, by seven cents a bushel and closed Corn prices jumped wildly, almost virtually at top. The figures were reached on predictions current of a possible disaster to the corn crop.bentures -Reuter's American Service.
#
"
Heart Kidneys
Liver
former market value, this amount Sucking Pigs, to order. will revert to the company's funda
Szet, Beef
THE BANK OF TAIWAN, LTD. THE MERCANTILE BANK OF rain. In making this allocation!
(TAIWAN GINKO).
Incorporated by Special Imperial Charter, 1899.
BRANOURS: Udformn, Bauleng Hom Capital Subscribed
bay, Calcutta, Okorifica, ed.
da. Djember, Djakjakarta, The Capita! (Paid-up)
Slagun
Kol, Kota-kritja
Makuat, Medas,
Padang
Palembang, Pekalongan, Porang Postlamak, Hangen, folterdam'),
Shanghal, Sibolg
1 Boerstals, Hours
.Yen 45,000,000 Yen 39,875,000
HEAD OFFICE:-Taipeh, Formosa.
BRANCHES:
karta (Bolo Tegal, Tatjan JAPAN:-Tokyo, Yokohama, and Welteredan."
"These does Linra safe deposit boxes to let
Correspondents all over the world
Banking business of every
description transacted.
0. STEENSTRA
Manager.
Osaka.
INDIA, LTD.
HEAD OFFICE:
18, Gracechurch Street, London, 1. 0,3, Authorised Capital .£3,000,000 Subscribed Capital
1,800,000 Paid-up Capital ....... 1,050,000 Reserve Fund and rest.. 1,545,667 BANKERS:
The Bank of England in Kidland Bank, Lud BRANGUES;
Kuala Lumpur Madras
Bangkok Galla
Batavia Bongkeng Kuantan (Palang) thangba
Rangoon
Juola Hingapore
Bombay Howrah Kobo, calcatta Kandy Now York
Golombo Karachi PODANK
Hourabaya Li Kota Dhara Fort Loule (Mauritius)
HONGKONG BRANCH.
ness transacted,
London Bankers-National Provincial Back L FORMOSA:-Giran, Kagi, Karenko, Keelung Makong, Nanto, Shin- chiku, Taichu, Tainan, Takuo, Every description of naaking and Exchange has Tamsui, Toon, Heito, Taito. CHINA: Shanghal, Hankow, Amoy, cont per annum on Bally Balasce aud on Fired INTEREST showed on Current Accounts at spar Foochow, Swatow, Canton. OTHERS: Hong Kong, Singapore, application.
Socrabaya, Somarang, Batavia, Bombay, London, New York, Calcutta,
THE YOKOHAMA SPECIE BANK,
LIMITED.
Established 2880. Capital (fully paid-up) Yen 100,000,000 Ieserve fund
.... Yon 92,500,000
Head Offices-YOKONAMA. Branches and Agencies at: Alexandria.
Batavin. Bombay. Buenos Ayres. Calcutta
Canton,
Changchur
Dairen (Dalny).
Fengtion (Mukden).
Hamburg.
Hankow. Harbin.
Hong Kong. Honolulu,
Kai Yuen.
Karachi. Kobe.
London.
Los Angeles. Lyons.
Manila.
Nagasaki. Nagoya,****
Newchwang.. New York. Osaka.
Peking.
Rangoon. Rio de Janeiro. Saigon.
San Francisco, Seattle.
Semarang.
Shanghai Shimonoseki.
Singapore. Soerabaya. Sydney. Tientsin. Tokyo.
·Tainantu. Tsingtau. Vladivostok.
(Temporarily closed).
Interest allowed on Current Accounts, Deposits received for fixed periods at rates to be obtained on application.
K. MORI
5. Manager 4
Hong Kong, 11th March, 1997.
LONDON BANKERS: London County Westminster and Parr's Bank.
The Bank has Correspondents in the Commercial Centres in the European Centinant, Howia, Mas
Tangiao, Japan, Indo-China, Blam, India, Fallinpia Trŝande, Jara, átrica, &c.
laterest allowed on Current ecounts and Fixed Deposits sales which will be qualed on Application.
T. TAKAGI.
Manager.
1
HONG KONG BRANCH:
3, Des Voeux Hoad Cantral, Hong Kong, 7th May, 1926.
THE BANK OF CANTON, LTD.
Established 1912.
Head Office: Hong Kong.
Authoriand Chyltai (1L.K, Currency)... 11,000,000 Faid Up Capital ... 4,864 200 House Fund TOUAR $50,000
BRANCHES:
Caston Shangbal, fantor, Swatow, Bangkok, New York and San Franci900,
· LONDON BANKERS:-"
The Lloyds Bank Limited.
COURISTONDENTA
Intall principal cities of the World.
Foreign exchange and banking byalam
#vary description transactada pe
Safe Deposit Barse (ivar ona alınm) at,'n geisly -sealal of "from is to #10)
LOOK POONG SHAN,
Chief Manager, Hong Kong) 19th February, 1927.
Deposits at rates that may be ascertained “on
O. L.U. BANDES, Manager.
7, Quena's Road Central, Bockong, June 16, 1
THE BANK OF CHINA. 行銀中
(Specially Authorised by Presidential Mandate of the Republic of Galaa on the 22nd of November, 1917).
Authorised Capital ...
Paid-up Capital Reserve Fund
# #
牛羊仔
羊羊羊 猪猪猪猪猪指猪猪猪猪猪羊羊乳牛
*
#
ཙྩེ རྒྱ ད ཥསྠཽ འབྲ ཕ ཟ རྨ གྷུ Ë,
**P88 | BARR#888811BA88A8R18#8*******
Fowls, Hainan Geese... Pigeons, Canton
Hollow Turkeys, Cock
Turkeys, Hen
18
Qual Partridges
Bananaa (bride's)
PRICES.
Poultry.
June 23, Jexo, June 1927. 118. 1914. Cts. Cls. C.
55
31
45
28. 80
55
30
44
22
21
22
Pears (Canton)
Persimmons, Large
Plantain
Pamelo, Siam
# BENNE* **«*2#ED
each -
per doz, 36
སྟེ ན མཱ ཥསྠཽ སྨིཾ མམྦཱ ན འདྦྲྀ བཐཾ།
21
40
25
20
70
36
24
45
24
45
24
each 55
Meach
# # +
$
pair
each
82
ន ឌ ន ន ន ង ត គឺទី១ | | | | |
51
15
⌘*སྐ བྷ་ ཧ བླ}||ཋསྐྱུ°སྐ| │ 28/12/1991
ཡཿ ༤ | ༅ ། = སྱཱ །
*****88221788).
June 23, June, June
1927. 1918, 1914.
Cin. Ctx. Cts.
4% €
lb. 28
12
St
28
12
牛肉
12
Chicken Capons, Small Capons, Large
28
22
#
Duck
24
18
J
Dovea
+2
26
18
Eggs, Hen (cooking)..
28
22
B0
40
25
77
Eggs, Hen (fresh) Fowls, Canton
新鮮雞蛋
40
20
*#*
19
per set 15
J
each 65
12 60
2
Tongue, corned
A
-
#
Head
H
.. $1.20
-$1.20
11
Heart
lb.
24
13 14
**
J
Hemp, Salt
34
18
Feet
"
Snipe
each
8
12
#
Kidneys
Pheasant
B
15
12
++
Tail
28
22
1
"
Liver
b.
24
14
Tripe
7
7
set $1.20 $1.00 $1.00
ib.
46
Fruits.
40
44
40
Almonda
t
Ib.
58
36
35
27
Apples (California)
金山洋楽
**
24
Por sot 5
18
Carambola
你山香爇
6
28
15
18
Cocoanute
24
Lemons, Chins
each 14
10
Lemons (America)
橘格
檸
12
12
ench 12
10
10
Ib.
16
7
13
10
3
Lichees, Dried
金山轉幟 each • B
8
16.
4D
25
.48
80
24
Oranges (Canton)
$8
23
Oranges
新會甜糭
80
#
98
H
猪锁
10
70
猪油
Peanuts
24
23
21
10
#per set 90
70
*
each 12
7
4
15
10
each 30
12
+
Walnuts
#
48
26
It.
"
·猪
1b. Zu
2:2
Grapes
80
18
Mutton
50
20
38
19
"
+
Sausages
牛仔
40
20
1
No. 1..
32
#
H
Fish.
皱
lb. 98 10
21 12
8
24
20
each 2
#
8 8
省城淡
lb.
5
18.
18
7
&
46 '16
5
11
26
12
11
5
20
** 10
28
16
Cauliflower (Large) ..
23
(Medium).
大椰棗花
each
(Small)
10
耕繩榮花
8
lb.
10
10
6
18
Celery, Chinese
10
Chillies, Dried
***
10
18
辣椒干
20
26
26 30
12 10
82 25
彎花家
7
8
40 80
10
8
18.
15
2
18
B
18
23
7
22 18
"
5
10
22
40
8
70. 82
8
45
18 20
8 1
82
10
54 13
12
16
50
14
20
18
Green
28
上海越奶
21 29
30 80
Parsley Potato, Sweet
36
Japanese
10
14
American
13
Pumpkin
85 22
Radlah
70, 80, 30
Rhubarb (Fresh)
10
10
10 10 10
28: 85
643280
23-29
$18
25/18 12:
we feel sure we have your approval Ven! as it is following what has been: done in many instances by local companies, and further the foreign Istaff have well deserved it by their efforts and success in maintaining and furthering the business of the Barbel company during the periods of Bream unrest we have experienced during Canton Fresh the past two years or so.
Water Fish.
We feel sure you will view the company's financial position with-Carp out any feeling of uneasiness, not- Catfish withstanding the general businessCodfish depression, or I might say stand-Crabs however not to have to depend on Dab still, in China. We are fortunate Cuttle Fish
portion of your business is done China entirely. 38 a considerable nace
outside China,
Dog Fish Our wholesale business, both Eels, Conger domestle and foreign continues to increase in the demand for Mou- trie products.
FRANCE'S FINANCES.
Paris, June 28.
**
WAT
Fresh Water
|
Yellow
Frogs Garoupa
Gudgeon
Herrings
Holbot
#*
Labrus
In his Budget statement for 1928, Loach
$60,000,000.00 M. Poincare declares that the finan-Lobatera .. 38,278,000.00einl situation has improvod, but is Mackerel
9,029,425.24
still far from definitely stabilised. Monk Fish He stresses the necessity of main-Mullet taining a strict balance."
Oysters
HEAD OFFICE; PEKING.
HONG KONG BRANCH: 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 Pro- vincial and Union Bank of England,
Ltd.
The Guaranty Trust Company of New York.
Now York Bankers: The Irving National Bank.
The Equitable Trust Company of New York,
Interest allowed on Current Accounts and Fixed Deposits. Terms on applica-
tion:
Every description of Banking Bank-
and
The Budget provides 42,160,682,- Parrot Fish 051 francs BB receipts. 41,527,952,171 as expenditure. Perch The establishment of the Budget Pik
is based on the principle that the laice Present taxes should be maintained Pomfret, Mack without any change.
Pomfret, White
The expenditure shows, compara Prawns tivaly, that in 1927 there was an Bay excess of 1,980,000,000 france Rock Fish owing chiefly to increasing wages Roach.... of State offelals and to reorganisa-Selman tion of the military forces.
Shark
As the present taxes could not cover the increase in expenditure, Skate
a balance will be maintained by Shrimps
ness transacted. And substantial economies in the ser-Snapper
Loans granted on approved securities. Special facilities for Home Exchange,
'SHOU J. CHEN,
Vice of the Public Debt: Such re-Sales
ductions amount to 1,974,000,000 Teach franes as against 1,827,000,000-Tarbot. Manager. Havas
#9## # 228*6## org#peechENUERREVZESEA NCECE
京'肚水
4.#
公
"
21
13
*
tr
H
32
"
24
"
࿄ ༤ ཎ རྟ ཇ སྙརྔུ.།
គ៩ ខៅ្ម ឬ តនន្ទ ន ឆ គឺ គឺ ព ន្ទ ៖ ឌ៖ ឌុម ដន ៖ ឌ ន ដ ឌ ន ន ង៖ន
05
8885961-881-ã + B » ⠀⠀ PRUNCHERS 51-ä ̧€ã.NE CA
Long
Vegetables, &c.
2
Artichokes Deans, Sprout
Beet Root
Bitter Squash Brinjala, Green
Hed Cabbage, Chinese
(Shanghai) -
Cane Shoots, bunch....
$4
Carrots
Red
Green
Curry Stuff, English
Cacumbara...
Garlic...
Ginger, Young
架飄材料
Old
Horseradish, Shanghai,
Indian Corn...
Lettuce
Water Chestants
Mushrooms, Fresh
Okroes
Qalons, Bombay
**REES222SEINE DE VITAE VEN 102' *888* *****E
Mandarin. ***B
Shanghai
Sballots Spinach
Tomatoes Taron
Turnips, Punti (Long)
Vegetable Marrow Water Cross. Water Lily Boot
***
*
женск
ל
8