2
HONG KONG AND SHANGHAI BANKING CORPORATION,
行銀商工法中
Authrived Capita)......... . . $50,000,000 Issued and Fully Pallup ....... $10,000,000 Bateria Panc
Starting
£JES, JANE
Bilve............ $13,500,000
Home Wality of Proprietem...$30,000,000
NIKAD OPPICK: BONGKONG.
COURT OF DIRECTORES — Hon. Mr. D. G. 31. Burner,
Chairmat,
A. 1. Compili, Maų. Deputy Chairman.
W. H. Bell, Esq.
N. . Brown Ey
4. Margowan, $39.
AMUT
BANGKOR
BATAVIA
MONDAY
OMAJUTTA
CANTON
CREFOO SOLUMBU
DAIRIN POOCHOW
W. L. Patandao, Lag,
T. 0. Well, Eng.
1. P. Waite, Ky.
Acting Oniel Manager, Hon. Mr. A. G. Hynes.
ВАРЦОВО
GAMBUELO
BANKOW
HAKELN
HONGKEW
ILOILO
IPOLL
JOHORE
Кове
KULLA
LUMPUL
BRANCHES:-
LONDON LYONS STALACCA
MANILA MOUKDEN
SADASAKI
NEW YORK
PKKING
PENAND RANUOON
HAIDON
SAN FRANCI&CO
BUANGDAL
BINGAPURK
SOYNADAYA
BUNGRI PATANI
TSENTSIN
TOKYO ►
ΤΑΙΝΟΤΑΝ
YOKOHAMA
Apoznate opened to Local Currency
Cized Deposit received for OR TORT DE
and
shorter parla in Local Carency and tallog
sa term which will be quotal su appliation,
Hong Kong, 26th May,/193).
HONGKONG SAVINGS BANK.
The Nastness of the there Book is zoo- duelal by the HONGKON AND SUANGAL BANKING CORPORATION. Kulev may To obtained on application.
FOR THE HONGKONG & BRANQUAL BANKING CORPORATION.
A. C. Hynes, Acting Chile Misangor
Hengkuas, church, 1927.
'BANQUE DE L'INDO-CHINE.
HEAD OFFICE:
90, Boulevard Haussman, Paris.
...Frs.72,000,000.00 Subscribed Capital .. Paid-Up Capital ....Frs.68,400,000.00 .Fra.89,384,019.10) Reserve Fund
Pondicherry Suigon Mengtze Shanghai Num-Dinl Singapore
Bangkok
BRANCHES: Kanoi
Battambang Hong Kong
Cart:9
Cautan
Dijbeuti Noumea Fort-Bayard Papeete Haiphong Peking
Jankow
Prom-Penh
Tientsin Tourune Yunnanfu
DANKERS: IN FRANCE: Comptoir National J'Escompte de Paris; Credit Lyonnais; Banque de Paris et des Pays-Bas; Credit Industriel et Commerciai; Soctete Generate.
IN LONDON: The National Pro- vincial & Union Bank of England, Ltd.; Comptoir National d'Escompte de Paris; Credit Lyonnais.
IN NEW YORK: J. F. Morgan & Co.: French American Banking Cor- poration; Guaranty Trust Co. of New York.
Interest allowed on Current Accounts and Fixed Deposits according 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.
(NKTURBLANDS TRADING BOCIKTY)
BANKER
Belablished 1334.
Bong Kong Often:--11 Quera's Road Central Authorised Capital. Ouilders $50,000,0
(10,00) Pali-Up CapitỏB .............
Bolider 800001,000+
£20,000,070.) Essorte Fund.....de 1,117,591
(£4.759,770.) Special Rosary, Ceildar 20.600,000- (EL)
BANQUE FRANCO-CHINOISE pour le
Commerce et L'Industrie
(Incorporated in France)...
5, Chater Road, Victoria, Hong Kong.
HEAD OFFICE: 74, Kue St. Hazare, Paris.
Capital fully paid up.... Frs.40,000,000 Special working capital..Frs.50,000,000 ..Fra.13,276,000 Reserver
BRANCHES:
Paris
Lyons
Marseilles
Saigon
Huiphong Hana
Peking
Shanghai Tientsin
Trust Co.
Hongkong Pron Penh
BANKERS:
Cor-
Every description of Banking and Exchange Business Transacted. respondents throughout the world.
A. ROLLIN,
Hong Kong, 21st April, 1927.
Manager.
10, Des Voeux Road Central, Hong Kong Authorised Capital Paid-Up Capital Reserve
BRANCHES AND AGENCIES:-- Autuvin Melbourne San Francisco
Seattle Nagazaki Bumbay Calcutta Canton
Semarang
THE CHINA MAIL.
COMMERCE
·BRITISH`FINANCE.
POSSIBILITIES FOR ECONOMIES.
AND
FINANCE.
The
GERMAN MONEY.
1
RECENT FEDERAL LOANS ABSORBED.
MONDAY, JULY 11, 1927.
most unpopular borrower because
on
APPROXIMATE
times
FINANCE PROBLEMS.
franc.
PRODUCE.
RETAIL PRICES.
of the insufficient revaluation of pre-war debta-has now succeeded In placing £15,000,000 of its
New York, July 10. £25,000,000 5 per cent. loan in the An official statement with re-
(The open market.
remaining gard to the conference of bankers Writing in the "Financial Newa" £10,000,000 was previously taken by the Federal Reserve Bank de- up by savings banks, public insurclares there has been no discuS- Dr. Kurt Schaffrath says:-
Throughout 1925 and during the ance institutions, etc.) Yet the sion of any reparation question, greater part of 1926 a "borrowing official contention that subscrip contest on the part of the German tions were very satisfactory is not nor of stabilisation of the French would give a fairer pleture of the States, municipalities and industrial quite true.
The time of the conference was witnessed in New enterprises
Few Small Subscriptions. real position, if only the net pro York, London, Amsterdam and Orders
for the new loan came in hitherto has been devoted mainly ceeds of the Post Office and of the Switzerland. Since about Septem- rather tardily, and small sums were to an exchange of views with re- motor duties were ineluded.
in exceptional gard to financial and economic borrowers have mainly cases. This is accounted for by the matters, and policies of issuing first great category of expenditure ber, 1926, the numerous German subscribed only amounts
to nearly £500 millions proched the domestic market, fact that private capitalists kept banks, and similar subjects, na or two-thirds, of the total.
So for Expenditure of Great Britain, as the debt service, which accounts The old wish of Dr. Schacht to take aloof, whereas in pre-war
advantage of its plethora of
gold exchange avail scriptiona regularly brought about the so-called constantly growing, is referred to for some £360 millions of the total, to-day money in making it their small but very numerous sub turally including the operation of is concerned, the future largely de-able for the placement of long-term the success of the loan, and were standard, expensive shipments of by the "Economist" as follows:-
pends upon following a constant credits is fulfilled, since every week especially valuable, as these pur- gold, purchasing power of gold, Few men of our generation have policy of redemption and improv-one or several great loans are fluat chasers intended them to be fast- and various proposals to promote
to ing Government credit. There are, ed and
The Ing investments. easily absorbed..
This time
the closer
co-operation. — Reuter's done more than Lord Oxford
however, two other points which
only American Service. FRANCE: Societe Generale, Banque
exhaustible,
Bub- possible through the large Nationale de Credit, Banque de render the House of Lorda impotent will vitally affect the burden of the domestic money sources appear in-placement of the loan was
in matters of finance. Yet by a debt, namely, the future level of
All the various recent loans of scriptions on the part of banks, Paris et des Pays Boi.
touch of irony it was in that august prices and the future of the rate Federal States (Thuringia, Baden), private insurance companies, indus
AMERICAN COTTON. LONDON:-Midland Bank Ltd.
municipalities (Dresden, Frank- trial NEW YORK: Irving Bank Columbia assembly that the great champion of interest.
The Outlook.
furtam-Main) and industrial enter-iria enterprises, and great capital- who momentarily knew no
New York, July 9. of the rights of the Commons made
prises (Middie German Steelworks, better means of employing their
The first cotton report of the If prices remain steady the future Krupp, various breweries) have money. For instance, the German the chief economy speech of the
"Tempora mu is not unbopeful, for in America season recently.
been quickly over-subscribed. Railway Co., which borrowed re: Department of Agriculture estim- tantur et nos in illis mutamur." the growing productivity of the Those good results, naturally, had peatedly from the Reich in the ates that the area under cultiva Moreover, there was inevitably a country is being accompanied by an the effect of reducing progessively last months, has subscribed not tion is about 32,683,000 acres, n £2,500,000. The pre- reduction of 12.4 per cent. The alightly academic air about the deaccumulation of capital on an enthe interest rate or the disagio less than bate. The Lords are powerless to ormous, indeed an unprecedented, of every new Issue. Yet this has tended success of the mark loan is reduction is greater than expect- influence expenditure: but even if scale, while there is evidence in not impaired the success of one therefore of minor value. How-ed, and covering by shorts and this were not so the estimates for Germany and in other parts of single loan in recent weeks, whereas ever, it remains a success, and even the year for good or evil are al- Europe of a rapidly reviving volume half a year ago the city of Chemnitz an astonishing one, as the Reich new and domestic foreign buy-
of
This affects Great savings. THE BANK OF EAST ASIA, LTD. ready settled, and the course of the
Statisticians estimate that the discussion could not in any case in Britain, for the price of capital is and the German post were unable risked to offer only 5 per cent, in- ing ensued.
the domestic terest-a rate which no larger bor- to place loans on fuence the Budget. Moreover, the international. Taking a long view,
the German capital probable crop will be 14,360,000 HEAD OFFICE: HONG KONG,
market has dared to propose ainco bales-Reuter's American Ser- House of Commons itself is in little there are good reasons to think that market at 7 and 6% per cent. res- rower better position to make an impres the tendency of the rate of interest Pectively;
Even the Reich-which is the the stabilization of the mark.
vice. $10,000,000 sion on the huge total of our nation-will, in fact, be downwards in the 5,000,000 al expenditure, for, as Mr. Churchill future. So far as pensions are con-
in spite of Mr. HONG KONG MARKET 1,200,000 was at pains to point out last year, cerned, even
very large blocks of expenditure Churchill's growing charge in res- are contractual obligations which pect of widows' and other pensions. over the fall of war pensions will reduce can only be reduced slowly periods of years. Politicians who the total bill in the next decade, are on the look-out for quick results though thereafter the growing are apt to grow weary in well-doing longevity of the population means when it is a case of constant and that the total charge will increase unremitting pressure with, at best, to very large figures.
Of the remaining third of the the prospect of securing quite small reductions; and they seem only too Budget, nearly £120 millions repre- glad to leave the tank to peers and sents the cost of defence; much the to such organisations as the league greater part of the balance (after; Economy, eliminating cost of collection) con- Enforce National to whose untiring secretary, Mr. F. W. sists of grants to local authorities Hirst, set out his case so forcibly and insurance schemes, leaving as in "The Times" on March 24.. Yet the cost of governing the country though there is little political cap (including the administration of ital to be made out of the subject, grant services, judicial, financial, economists trade, foreign and other depart- Lord Oxford and the are perfectly right; for Parliament meats) a sum which in the original has no more important duty than estimates of 1925-26 was just over to act as the zealous watch-dog for £20 millions. As regards defence, Bullock's Brains the taxpayer.
the total we are spending depends upen policy, and it is in this direc- National Income Disposal.
tion that Parliament can perhaps) Roughly, £1 out of every £5 of most effectively make its will felt. the national income is taken in cen- On this topic Lord Oxford made the therel The dis-practical suggestion that tral or local taxation. posal of the remaining 54 is at the should be a halt in further cruiser He had two rea- .£3,000,000
£4,000,000 discretion of the possessor of the commitments.
One was the income who can within limits with sons for his appeal. £3,000,000 hold or change his purchases as hope of limitation by agreement, he thinks fit. The £1 taken by the the other was that the whole policy tax or rate collector is paid under of naval construction in all its as-
In the case of the pects was in the melting pot. compulsion. £4 there is competition at work to ensure that the buyer gets value for money; but in the case of the fifth pound there is nothing but the vigilance of his representative in was the gravest doubt whether they Pig's Chillings Parliament or on some local body would bring any beneficial results." to safeguard him against money He also made some pungent criti- being spent wastefully or on things cisms of the cost of the General which he can well do without, We Staff at the War Office, and pointed are far from claiming that the com- out that, while he was strongly in petitive system is a perfect instru- favour of co-ordinating plans for ment for elirainating waste, for defence, the Committee of Imperial this is notoriously not the case. But Defence before the war had, in the wastes of competition are of fact, successfully directed out naval very minor importance compared and military preparations with the Pork Chop Foreign Exchange and General Bank-with those which are so easily in- astonishingly small staff of four
curred in Government expenditure men and a boy, ing business transacted.
Current Accounts opened and Fixed whenever Parliament fails to give Deposits received for 1 your or shorter effective expression to the interests period at rates which will be quoted of the taxpayer. on application.
New York
Osaka
Singapore
ilniphong flonolulu Kobe
Paria
Sourabaya
Peking
Sydney
Penang
Tainch
Kowloon
Rangoon
Tientsin
London Munila
Tokyo
Saigon Shanghai Correspondents in all principal cities of the world.
Every Lescription of Banking and Exchange business transacted. Loans granted on approved securities,
SAFE DEPOSIT BOXES to let.
KAN TONG PO,
Chief Manager. Hong Kong. 21st March, 1927.
THE CHARTERED BANK OF INDIA, AUSTRALIA- & CHINA. Incorporated by Royal Chater, 1863. HEAD OFFICE: LONDON, Paid-up Capital Reserve Fund Reserve Liability of Proprie
tora
Agencies and Branches: ALOR STAR
MADRAS
(Malay Status)
AMHITSAR BANGKOK ΒΑΤΑΝΙΑ BOMBAY CALUUTTA CANTON CAWNPUBLI CREU COLOMBO DELUL HAIPHONG HAMJUKU
HANKOW
• SIUNG RONG
ILOILO
IPUI
KARACHI
KLANG
KUBE
KUALA KANGSAR
Perak, (FM) KUALA LUMPUR KUCHING
L
MANILA
MEDAN
NEW YORK: FRKING PENANG PESHAWAR
PUKET RANGDON SAIGON ΔΕΜΑΣΑΝΟ SEREMBAN YUANGHAI SINGAPORE SOURABAYA TAIPING (P.31.5.) TAYUY
TIENTSIN
TOKYO
TSINGTAO
YOKOHAMA
ZAMBOANDA
(Philippine Irlanda)
Manager.
J. R. GEORGE, Hong Kong, 7th March, 1927.
THE BANK OF TAIWAN, LTD. (TAIWAN GINKO)..
Incorporated by Special Imperial Charter, 1899.
Possible Economies.
Cost of Super-Dreadnoughts. Our two super-Dreadnoughts had cost about £14 millions, and there
Boot Sirloin
+
Butcher Meat.
July 8, June, June,
1927. 1918. 1914.
Prime Cut
Corned
Th
Roast
++
Breast
"
Soop
Steak
H
Steak, Sirloin Sausages
TH
Tongue, fresh.
Tongue, corned E
Head
OF
Heart
21
Hump, Salt
4.
Feet
M
Kidneys
P
Tall
牛
Liver
Trips
Calves' Head & Feat..
Motton Chop
*
Leg.... Shoulder Saddle
#
П
Brains Feet
Fry H
Head
t
12
Heart
E
Kidneys
Liver
"
31
Leg
Loin
"
Fat or Lari
insurance Sheep's Head & Feet..
The grants to local authorities: and contributions to schemes, the greater part of which constitute what are called the social services, involve rather different Education, health, considerations.
++
H
Heart..... Kidneys
++
Liver
#
24 .20 18
Daves
(cooking).
Cta. Ct. Cl.
lb.
28 24 12
Chicken
FI
28 23 12
23 12
14
28 24 22
門
$7
"
26 20 18
28 24 212
40 .30 35
H
40 26 20
per set 15
10 12
·Geear
each 05
50
00
80
-
•
2
Holhow
.. $1.20
-$1.20
Turkeys, Cock
ib. 24 13 14
2 +R
ནི དངྦྲྀ སཤྩ ང རྞ ཎྜ རམྦུཀྐེ ཇམིན
笑 肉牛糖柝杌乎感箫根本心蔴脚脚尾肝肚綁骨牌半肉什顷肝骨糠油田心质肝甜油油再於
+**** #ENBBBBBBBEE****«REET
* E
#4
18 14
| 8 8 8 8 8 8 5.8 P8 ] N = 55555
Caporis, Small Capons,
Duck
Large
Eggs, Hen
Eggs, Hen (fresh)
Fowls, Canton
Fowla, Hainan
Pigeons, Canton
Turkeys, Hen
Quail Partridges
Poultry.
July 8, June, June,
1927, 1918. 1814.
Cts. Ct. Ct.
46 .17
17 50
each
tb.
81
期
28 80
28 30
40
21
21
per doz. 30
肉
36
Ib.
R BANES TEACHERS
頌觀影順班本海白海火火沙出
火迎公
898918829989 |
| 1| 1|
P
40
each 60
ΧΡ
lb.
ench
pair
each
Apples (California)..
Bananas (bride's)
Carambola
Fruits.
# 上 Ib.
Almonds
Persimmons, Large
נ
& & & Bla
each · 18
Ib.
ដន៖៨៨ | នគ៩*| |,| ±
*****88388 |
24
∞ |
| |!!
12
10
0
0
25 80
* ឌ ” œន | | | អ៊ ” | |
199]
15
12
34 20 13
Snipe
each 8 10 12
Pheasant
15 10
12
28 20 22
24
N
7 6.
7
Bet $1.20 $1.00 $1.00
lb.
48 20
48
20
46
46
40
27
Per not 5
12
燕山香籲
lb. 16
##
14
26
18
Cooonnuts
each.12
"
17
Lemons, China
*
lb.
each 15
10
Lemons (America)
金山摔康
esch
18
3
Líchees, Dried
荔枝干
Ib.
lb. 48
24
Oranges (Canton)"
36
23
Oranges
新會和機
38
Pears (Canton)
42
20
Peanuts
23
21
per set 90
70
Plantain
sách 1
7.
Pumalo, Stam
15
10
Walnuts
48
26
25
Grapes
20
22
30
20 18,
'Mutton
50
26
Vrat
36
19
Sausages
牛仔服
40
20
20
No. 1..
32
Fish.
lb. 515
10 24
13
32 20
16
『糖無名城決:
Bitter Squashı
32
13 10
P
水
***
*
36 16 ET. 30
12 ↑
30 20
.25
Cane Shoots, bunch
26
29 20
35
10
2
35 23 16
(Small)
B
45
10
9
Carrots
16.
6
12 10 &
B
Celery, Chinese
1 10
10
40
10
6
32
10
18
辣椒干
20 か
26
5
10
38 26
30
16
80
82 26
诲花椒
5
8
12
Н
60
TE
40
30.
"
10
8
25
18 15
Cucumbers.
t
25 22 18
Garlle
+
36
18 23
P
40 22 18
15
Old
62
22
24
Horseradish, Shanghai.
53
32
21
Indian Cora
#
18 20
26
Lettuce......
ˊˋ
30
12
29
"
38 13 2
Water Chestnuts..... Mandarla,
40
16. 22
28 14 9
Dkroes
In considering the possibility of economies, although certain general housing and other services claim a Sucking Pigs, to order. considerations apply throughout the place in the Budget on the ground Suet, Beef Budget, there are really four or five of social justice: but they also have great classes of expenditure in to be considered from the int of which the possibilities or reduction view of the efficiency and content- are very different. The chief cate- ment of the working population of
they # gories are the debt, with which for the country. Like other items, some
purposes may be grouped have to be considered from the pensions, national defence, the ad-point of view of value for money: ministration of the country, and but there la no prospect that by social services. It has in the first eliminating wasteful expenditure Barbel place to be realised that the Bud- in these items we can expect to Bream..... get, which we are accustomed to reduce what is after all a most im- Canton Fresh think of as involving over £800 mil portant national investment. The Water Fish lions, is more properly to be regard fast category, viz., that of adminis
as one of about £750 millions; tration-or what may be called the Carp for at least two important items, over-head cost of government-is Catfish the one which needs constantly to be Codish JAPAN:--Tokyo, Yokohama, Kobe, namely, the Post Office
Crabs Osaka.
Road Fund, are self-supporting. watched. FORMOSA: Giran, Kagi, Karenko, These, of course, need criticism as Keelung, Makong, Nanto, Shin- much as any other Government ac- chika, Taichu, Tainan, Takao, tivity, but the national accounta Tamsui, Teen, Helto, Taito. CHINA: Shanghai; Hankow, Amoy,
Faochow, Swatów, Canton.
Hoad Omoa;-AMSTERDAM"). Eastern Road Omos:-BATAVIA. BRANCHES ;- Bandorra, Bandoeng), Bon
bay, Calcutta, heribon, De Capital Subscribed.....Yen 45,000,000 dah, Djember. Djukjakarta), 1 Hagus. Kobe, Kanada, Capital (Paid-up) ......Yen 39,375,000
HEAD OFFICE-Talpeh, Formosa,
Manesar, Mudan, Padang
Pena
Palembang, Palunottardata) Pontianak Bangoon, Barang), slanghat, bolga Boersbals. Soera (Human) karta (Hila). Toral," and Weltevreden."}
Tillotjap *The offices Lave safe deposit boxes to lot London Bankers-National Princial Bank Ltet.
Gerrespondents all over the world
Banking buntime of very duscription noted."
O, STEEN TEA
Manager.
BRANCHES:
THE YOKOHAMA SPECIE BANK, OTHERS-Hong Kong, Singapore,
LIMITED.
Eatablished 1880.
Capital (fully paid-up) Yen 100,000,000 Reserve fundi
¿
Yon 92,500,000
Head Office:-YOKOHAMA,
Branches and Agencies at: Alexandria.
Batavin.
Bombay.
Buenos Ayres.
Calcutta.
Canton.
Changchun.
Dairen (Dalny). Fengtten (Mukden).
Hamburg. Hankow. Harbin, Hong Kong. Honolulu, Kai Yuen, Karachi.
Kobe.
London.
Los Angeles.
Lyons.
Mantia.
Nagasaki. Nagoya,
Newchwang,
New York.
Diaka.
Poking. Rangoon.
Rio de Janeiro,, Saigon. San Francisco. Seattle. Semarang, Shanghal Shimonoscki,
Singapore. Socrabaya. Sydney. Tientsin. Tokyo, Tainantu. Taingiau. Vladivostok.
(Tomporarily closed)
Interest allowed on Current Accounts. Deposits received for fixed periods at rates to be obtained on application.
HL. MORL
Manager.
Hong Kong, 11th March, 1927.
Soerabaya, Semarang,
Batavia,
Bombay, London, New Calcutta,
York,
LONDON BANKERS: London County Westminster and Farr's Bank.
The Bank has Correspondents in the Commanial
હો..
and
THE BANK OF CHINA. 行銀國中
(Specially Authorised by Presidential Mandate of the Republic of China on the 22nd of Novembor, 1917).
Centres in the European Boatment, Rua Maa Authorized Capital charia, Tsingtao, Japan, Indo-China, Bard, India, Paid-up Capital Philippine Islande, Java, Africs, de
Intecost allowed so Current Accounts, and Reserve Fund Fixed Deponit ab rates which will be quoted on Application,
T. TAKAGI.
Manager.
HONG KONG BRANCH:
3, Des Voeux Road Central. Hong Kong, 7th May, 1924.
THE BANK OF CANTON, LTD.
Established 1912.
Head Oßca-Hong Kong.
Authorfand Capital (U.K. Qurrency)... 11,000,000 Paid Up Capital .............
REANCHEN:--
Canton, Mhaighal
8,564,200
Hankow, Bwałow,
Bangkok, New York and San Francisco,
· LONDON BANKRESS-
The Lloyd's Bank Limited.
CORRESPONDENTS
In all principal cities of the WoNA.
Foreign exchange and hanking bagages of
dareristion transacted.
SYE Dorit Bere variods alssalat yearly
sutal of from 85 to 840,
LOOK POONG SHAN,"
Chief Menager, Hong Kong, 19th February, 1927.
HEAD OFFICE: PEKING.
Cuttle Fish
Fresh Water
Yellow
Waste Should be Reduced. Lord Oxford claimed with some Dab justice that some of the new post. Dace war departments are not needed. Dog Fish and that the services they perform Eels, Conger, could be adequately run in com-1 bination with other large minis.) trica. We think this is a through- Frogs ly sound view, and as the war against waste is essentially a war Garoups of attrition, the opportunity of Gudgeon economising by reducing them Herrings should not be lost. From the tax- Halibut $60,000,000.00 payers point of view, however, Labrus 18,278,600.00 there is not very much money in it, Loach
9,629,425.24 and the strongest ground for main-
Lobsters taining pressure of this kind on the
Muckerel Civil Service is to ensure 'efficiency, rather than in the hope of any Monk Fish large reductions in the size of the Mallet Budget.
Oysters The ominous growth in national Parrot Fish expenditure, to which we have re-Parch Branches and Sub-branches all over cently called attention, justifies the pike China and Correspondents in Europe, criticism that the Conservative Gov-place Americs, and other parts of the world. ernment, which made so strong a
London Bankers: The National Pro point of economy as the last elc- Pomfret, Black vincial and Union Bank of England, tion, has not maintained its enthu- Pomfret, White Lui.
siaen in this poor cause; certainly Prawns The Guaranty Trust Company of Mr. Churchill, who two years ago Hay New York.
threw out a hope of saving £10
Roach National Bank.
egregi-
Salmon The Equitable Trust Company of series of years, has failed
ously to fulfi
expectation. New York.
Interest allowed on Current Accounts But, after all, the responsibility Shark and Fixed Deposits. Terms on applica- finally rests with the House of Com- Skate
mona. Until the Opposition takes Shrimps tton,
Every description of Banking Busi- its duties more seriously on this Snapper ness transacted..
matter the Government is likely to Soles Loans granted on approved securities. follow the cray line of least resist- Special facilities for Home Exchange, ance, and allow the Budget total SHOU J. CHEN, to creep gontly upward Instead of
being forced steadily down..
HONG KONG BRANCH: 4. Queen's Road Central,
New York Bankers The Irving milions 1 year continuously for a Rack Fish
Manager,
this
Teach Turbot
ER.EE E
*
FELTERED
ARE NO BENDA DE BUEPOSTRESHERNE ******* OFRESERESE ARE SEE ME TE BLI MË STRUKAFFEE CERCE 公班
沙
KEESEEEEEEESLIE
Ya da
推紗
||Turtles, small, fr, water
Artichokes Beans, Sprout
ม
Long
Best Root
Brinjals, Green
קו
Red
Vegetables, &c.
D2 4
each -
5
11
8
each
3
#
5
6 5
8
6
5
8
16
5
12
22
12
Cabbage, Chinese
(Shanghai)
44
*
Cauliflower (Large)
(Medium).
Chillies, Dried
Green
Curry Stuff, English..
Ginger, Young
大椰菜花
鳥榮花
***
***
Red
か
36 20
15
18 16 .9
30 28 14.
Mushrooms, Fresh
Oniona, Bombay
糕
སྦྱོ༅ བ བ མ ར བ ཥ རཚོ ༠ར་
Green
生
#
Shanghal
上海悫頭
36 20 20
Paraloy
"
38
86
80
Potato, Sweet
90 80 46
+
12 10 14
40 18
18
Pumpkin
85 22 18
Radish
Japanese... #*## American
金山
M
TÅRS-03 10 10 19
10
14
60
18
8
8
5
4
6
G
35
00
3
8
*
紅雞營
70 88
· ន០
Rhubarb (Fresh)
10
B 10
Shallots
T#
8
10"
10 10
Spinach
05
26
$6
Tomatoes
15
70 32. 20
Taros
28 43
28
Turnips, Punt (Lang).
4
20 99 18.
Vegetable Marrow
*3
∙18. 12
10
18
$1.40
40
Water Lily Boot
Water Cream......