AND

FINANCE.

HONG KONG AND SHANGHAI BANKING CORPORATION.

Aatherlord Capital.com.. $10,000,000@ Lioned mod Uniky Falà-63, 11+++. . $10,000,000

Manorte Panda 1-0

#berling

6,000, JOQ

BUTOR 1997. . . . $18,609,000

Merra Liability of!Proprietore,, #$20,000,000

MELAD OFFICE: HONGKONG.

COURT OF DIRECTORS!- Hon. Mr. D. G. M. Bardard,

Chairmans,

A. H. Compton, Maq. Deputy Chalaan.

".. Bel, Kaq.

N. B. Brown Raq,

A. Macgowan, Kaz-

.0.8. Mackle, Xeq.

W. L. Patiendas, Eng. T. Q. Well, K. ... White, Raq,

Acting Chief Manager, Eva, Mr. A. C. ilynen.

BLANCKKI:-e

LONDON LYONA

行銀商工法中

BANQUE FRANCO-CHINOISE pour le

Commerce el L'Industrie (Incorporated in France).

5, Chater Road, Victoria, Hong Kong.

I

THE CHINA MAIL.

HEAD OFFICE: 74, Rue St. Lazare, SOUTH WALES COAL.

Paris.

Reserves

Capital fully paid up....Fra.40,000,000 Special working capital..Fr.50,000,000 .Fra.13,276,000

SHIPMENTS FOR FIRST HALF YEAR.

Paris Salgon Peking

BRANCHES: Lyong

Haiphong Hanoi

Shanghai Tientsin.

COMMERCE

MOT BAKUROK SATAVIA

BOMBAY

ALIBUTES KARTON

DOLANEO DALLEX

#OGGBOW

MAIPHONO

MAMRUNG

MARKOW

EXAMBIN

HOMⱭERW

ILOILO

ПРОД

JOHOL

... KORE

KCALA

LUHPUB

+

MALAQUA

MANILA

MOUKDEN

KAGASAKI

NEW YORK!

FKKINO

PENANG

HANUDON

BAIDUN

BAN FRANCISCO

SHANGHAI

JINGAPOR

NOURABAYA

BUNOKI FATANI TIENTHIN

TOKYO

TNINGTAO

YOKOHAMA

Current Amenata apme! In Local Darrency and Fixed Deporte received for one year or

on tavai

will be quoted en applosiva, Hang Kang, 19th July, 1897,

HONGKONG SAVINGS BANK.

Base of the above Bank in con. ducted by the HONGKONG AND HUANGHAI BANKING CORPORATION, Hales may be obtained on application.

YOS THE HONGKONG & SHANGMAL MARKING CORPORATION.

A. 0, Eyzes. Acting Chise Manager

Hongkong, K2 Starch, 1997.

BANQUE DE L'INDO-CHINE:

HEAD OFFICE

96, Boulevard Hausaman, Paris.

Subscribed Capital ...Frs.72,000,000.00

.Fra.68,400,000.00

Pondicherry

Battambang Hong Kong Saigon

Paid-Up Capital

Reserve Fund

...Fr89,384,619.10

BRANCHES:

Bangkok

Hanoi

Mengtze

Nam-Dish

Noumea

Shanghai Singapore Tientsia Tour ne Yunnanfu

Canton

Dijbeuti

Fort Bayard Papeete

Haiphong Hankow

Peking Prom-Ponh

BANKERS:

IN FRANCE: Comptoir National d'Escompte de Paris; Credit Lyonnais; Banque de Paris et des Pays-Bas; Credit Industriel et Commercial; Societe Generale.

IN LONDON: The National Pro- Tincial & Union Bank of England, Ltd.; Comptoir National

Paris; Credit Lyonnais.

Marseilles

Hongkong Paon Penh

BANKERS:

first 8lx montha of this

FIVE YEARS AHEAD. ·

“ALL-IN" COST.

TUESDAY, SEPTEMBER 6,-1927.

taxes are reckoned in or not, came into the accounts in different ways, so that it is very difficult to arrive

Nationale de Credit, Banque de ponded in consequence of the naibuted to the series a striking fore-methods, and individual companies form of "all-in" be laid down, but

Paris et des Pays Bas. LONDON:-Midland Bank Ltd.

Trust Co.

cargo

Some

HONG KONG TIDE.

ing the years 1887, 1888, & 1889.

The times and heights are given for Kaulung; but they may be used for the Victoria Naval yard and Aberdeen, the differences being very small..

distinct.

The times of high-and low- water must not be considered to coincide with the times of slack- water and change of current, the phenomena being quite

September 6 to 12, 1927. two

DANI HIGH WATER | Lower WatER

Standard Btandard Seph Times

Timos

Thes

nt 35 No interior

Ht

B

The tide-table given balow has A point that has never yet been at a standard way of calculating been obtained by aid of the Tide- definitely settled, though it has at "all-in" coat. Anyway, what is in- predicting Machine, which in- Itimes cropped up for discussion included in one case may not be includes 40 components for the bet another, and the individual method ter prediction of tides, from the connection with rubber-producing has to be studiad before a compari- result of the analysis of the tidal companies, is what is to be included son can be made with the accounts observations, taken at the when stating what the "all-in" cost of another company which has Kaulung tidal observatory under of production should cover. From made up its figures in a different the direction of Dr. Doberck dur- way. To justify the term every the word 'used it would seem that item should, of course, be included A London evening newspaper has all and every charge should be in- that enters into the cost or con- been running a series of interviews cluded before striking the balance stitutes a charge, though where it fa dependent on being passed It is or articles by prominent Indus- trialists in which they give a fore- in the profit and loss account. An not always easy. If a shareholder few years ago is accustomed to the form of a cer- Shipments of coal, coke and pa-cast of what the position of various attempt was made tent fuel from South Wales in the British industries will be in five in a certain direction to standardise tain group, or company, he pro Yer years' time. Apart from their in- the form of balance sheet and probably gets quite used to it; it is amounted to 16,234,080 tons, which terest, it is cheering to know that at and loss account to be issued by only when he seeks a comparison was in excess of the quantity des- in five yeara' time, in spite of taxes, a rubber company, but the matter with some other method that he patched in the corresponding period of 1926 when, for the last two rates and war debts, there are go went on as before. Certain groups may be confused. We fear it is

Britain. Sir Alfred Mond contri- form,

different classed as desirable that a standard others adopt FRANCE:--Societe Generale, Banque months, exports were virtually aus-ing to be some industries left in have their own kind of standard one of those things that may be that it does not appear feasible in tional strike. Clearances of coal this year totalled 14,469,801 tons, cast, in which he says changes and may have another method. NEW YORK: Irving Bank Columbia of which 11,742,667 tons were des- developments undreamed of a short include an "all-in" staff commis- practical working,

and while ago will take place during the sion, which is probably a matter patched abroad 2,000,024 tons as bunkers for ves- next five years. He points out that of contract with managers and as- gels trading foreign, while coast- the good of the world can best be sistants; in other cases these are Cor-wine cargo shipments totalled served by an interchange of scien-not contract items and depend on Where 727,110 tons. Exports of fuel tific information and processes, the grant of the board. amounted to 726,030 tons, and of but that it is necessary that Bri- they are contract they would cer In the month tain should make herself as inde-tainly seem an item to be included. coke to 38,258 tons. of June 2,626,917 tons of coal, coke pendent na possible of imported raw Then there. is directors' additional and fuel were exported which materials. From this viewpoint he remuneration, which is dependent

than in speaks of the development was 357,924 tons less

af on what the profits are, or perhaps May, the intervention of the Whit-scientific farming, and stresses the on what dividend is paid, or after sun holidays and consequent stop importance of securing a commer-deduction of a certain percentage page of work for three days. Ex-cial solution of the oil from the coal by way of dividend to shareholders. ports of coal at 2,892,204 tons show-problem. He deals with the poten- These and other items, ed a lose of 333,692 tons, while italities of the Empire, and puts up £3,000,000 fuck shipments were reduced by a strong case for making the Em- £1,000,000 25,036 tons to 127,095 tons, but coke pire an economic unit such as the exports were increased by 704 tons United States. Sir Hugo Hirst, on £3,000,000 to 7,618 tons. While the demand behalf of the electrical industry, is for coal for early shipment remains so strongly convinced of the contri-

absorb quiet and Insufficient to

bution electricity may make to the available supplies, in spite of the resources of the Empire, the health loss of production caused by merous pit stoppages, the inquiry and the wealth of its peoples, that for ward shipment has considerably he suggests the creation of a coun- expanded. This is an encouraging cil of business men to devise an sign, but as stocks are heavy and Empire policy. Sir Josiah Stamp, butput will again increase as pits in his contribution, says that the are re-started, it must not be taken development of British industry for granted that any appreciable during the next five years depende Beef Sirloin change will result for some weeks very largely upon banking finance at the carliest. Half a dozen for- and the operations of the central this authorities. If eign railways want prices for .quan-banking

Every description of Banking and Exchange Business Transacted. respondents throughout the world.

A. ROLLIN,

Manager. Hong Kong, 21st April, 1927, THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

Incorporated by Royal Chater, 1853.

HEAD OFFICE: LONDON. Paid-up Capital. Reserve Fund Reserve Liability of Proprie-

tore

Agencies and Branches:

ALOR BYAR

"OKAY BRALNE) AMRITSAR BANGKOK HATAVIA BOMBAY UALOUTTA UANTON CAWNPORE CRGU

MADUAN HANILA MKDAN NEW YORK PEKING PENANG PEBLAWAR PURET RANGOON BAIGON BEMABANG NEREMBAN HHANGHA DINOAPGEK SQURABAYA TAIPING (*.M.B.) TAVOY TIENTUIN TUKYO TSINGTAO

ТОКОНАМА ZAMBOANGA

(Phlilppine Islanda) Foreign Exchange and General Bank ing business transacted.

1

COLOMBO DELI! HAIPBONO HAMBURO HANKOW HONG YONG ILOILO IPOU KARACHI

KLANG Konk KUALA KANGĦAB

Persk (F.MAJ KUALA LUMPUR KUCHING

Current Accounts opened and Fixed Deposits received for 1 year or shorter periods at rates which will be quoted on application.

J. R. GEORGE,

Hong Kong, 7th March, 1927.

Manager,

THE BANK OF TAIWAN, LTD.

(TAIWAN GINKO). Incorporated by Epecial Imperial Charter, 1899.

d'Escompte de Capital Subscribed .Yen 45,000,000 IN NEW YORK: J. F. Morgan & Capital (Paid-up) ...... Ten 30,375,000 Co.; French American Banking Cor- poration;, Guaranty Trust Co. of New York.

and

Interest allowed on Current Accounts Fixed Deposita according to arrangements.

Every description of Banking and Exchange Business transacted. Safe Deposit Boxes to lot.

CH, LEM,

Manager. Hong Kong, 26th February, 1827.

NEDERLANDSCHE HANDEL MAATSCHAPPIJ.

DORTHERLANDS TRADING BOCIETY)

Hong Kong Ocion ;-15 Queen's Hoad Central

Authorised Cazibal

Guld-Up Capital

Masacre Find

Gulider 150.000,000 (£12,600,0001

Galler $3,000,000

(£5,000, 1710.) Gallers #0,000,000-

KULA GIONS—AMETILDAN) Kastern Mead DELO#:—XATAVIA

bay,

Dandong Bom-

BRANGERS Band Great Cheribond das, Bjeraber, blakjakarta), The

Kota Had Hague, Kebe. Macsavar, Medan, Fadnog Pumbang Pekalongan, Pasay Pontianak, Rangoon, Botterdam), Hamarang Shanghai, Hibolga (Human) Sourabala, Boer karta (Balo, Tegal, Tilatjap and Weltevreden."}" "Thana aliona kura mile deposit boxer to let. Kanden Betsiders--National Provincial Bank Ltd.

Correspondents all over the world Banking business of story

description tranunciad.

́0. STKENSTILA

Hongkong, 20th July, 1927.

Manage

THE YOKOHAMA SPECIE BANK, LIMITED.

Established 1880. Capital (fally paid-up) Yen 100,000,000 Reserve fund

Yen 92,500,000

Hoad OfficeYOKOHAMA.

Branches and Agencies at: Alexandria.

Batavia. Bombay,

Buenos Ayres.. Calcutta.

Canton Changchun. Dairen (Dalny),

Newchwang. New York. Osaka. Peking. Rangoon. Rio de Janeiro, Baigon. San Francisco.

Semarang. Shanghai. Shimonosell.. Singapore. Soerabaya.. Sydney. Tientsin.

Fergtien (Mukden). Seattle.

Hamburg.

Hankow..

Harbin.

Hong Koury.

Honolulu,

Kal Too

Karachi. Кобе London.

Los Angeles,

Lyons.

Nagasaki)

- Nagoya,

Tokyo. Trinaniu. Tainglas. Vladivostok.

(Temporarily cloped).

Interest allowed on Current Accounta Deposits received for fixed periods at water to be obtained on application.

H. MOEL

Hong Kong, 11th March, 1827.

HEAD OFFICE:-Taipeh, Formoan.

BRANCHES:

nu-

even if

m3 32 | 6.2 No laferior Wed. 1 m 4 31 166

Ría | 43° Thác Ba ở độ 20

POLAR CAKE

Tri.

ITS QUALITY THAT COUNTS

8 la 145

10 59 | 4.8

1 52

6 50 1.4m0 13

48a

Sat 10 m 7 49 | Yhm 1 10

910s 6.2

1.5

San 11 m ở 180 m g 18

945.5 $31.0 Mon, 14 m 931 | 8.0 | m 3 9 | 2,6

10 18 5.B

4 15 1.2

HONG KONG MARKET PRODUCE

» Roant

Breast

Soup

APPROXIMATE RETAIL PRICES.

Butcher Meat.

Poultry.

Sept. 2, June, June, 1927. 1918. 1914.

Capons, Large

Eggs, Hen (cooking)...... M

Eggs, Hen (fresh) .......

新鮮编版

Fowls, Canton ........ ***

Fawls, Hainan ................... HE MO

Pigeons, Canton

Holhow

41

Cia. Cis, Cla.

· ភវ 30

40 28 30

**

55 28

25

22

each

28

per doz. 20

18

36

25

60

86

45

36

45

24

each 50 80

40

28

55

45

51

Sept. 2, June, June,

1927. 1918. 1914.

Cts. Cts. Ct.

牛慈記

lb.

28

24

12

Chicken

2

Prime Cut

23 23 12

20

Capone, Small

Corned

28 12

M

28 24 22

Duck

24 20

18

Doves

26 20

18

Steak

+

28

24. 22

"

H

Steak Sirloin

40

80

35

Sausages

26 40

20

++

Ballock's Brains.....

Der set 15

10 12

Geese

1

Tongue, frush....

each 05

50

80

Tongue, corned

p

60

Head

$1.20

-$1.20

Turkeys, Cock

Heart

Fb.

24

13 14

Turkeys, Hon

ts

Hump, Salt

**

84

20

18

Snipe

teach

Feet

each 8. 10

12

Pheasant

Kidneys

18 10

12

#

#

Tall ...

28 20 22

#

Liver

lb.

24 18

14

"

Tripe

tities aggregating about 300,000 authority can keep the price of gold tona, while a big Italian shipping stable we shall go rapidly ahead, is also inviting tenders for about and a forward move of very con- 80,000 tons, shipment being spread siderable magnitude is on the way. over six weeks to six months. The The experts then are fairly opti

there 16 4 Meanwhile tons mistic. inquiries include 120,000

curious development for the Egyptian State Railways, rather

actually in progress, and 20,000 tons for the Portuguese now State Railways, 19,000 tons for the that Is the migration of industries Norte Railway of Spain, 40,000 tons from the old "industrial north" to for the Buenos Ayres Great South- new and more salubrious quarters ern Railway, 50,000 tons for the in the south. This is a revolution Sao Paulo Rajiway of Brazil, and of the first magnitude, and it is 10,000 tons for the Palestine State going on practically unnoticed.

business is Railways. Forward

Many northerners have a peculiar also checked by the fact that both iden that people do not work in the colliery salesmen and middlemen are asking a premium of 6d. to 1s. south but merely "talk." It looks per ton on current prices, which if the Northerner will have to

to look to his smoke-begrimed laurels. Calves' Head & Feet.. set $1.20 $1.00 $1,00 prospective buyers hesitate

pay, though the general opinion is For prompt loading, supplies of all that prices are now at rock bottom. classes of coal are freely available, with prices dependent on individual positions. Best Admiralty large is round 208. to 20s. 6d.; seconds, 198. to 20s.; Monmouthshires, 178. to JAPAN:-Tokyo, Yokohama,

Osaka. FORMOSA-Giran, Kagi, Karenko, 195.; and smalls, from 11s. 6d. to Keolung, Makong, Nanto, Shin-135., according to quality.-"En- chiku, Taichu, Tainan, Takao, gineering." Tamsui, Toon, Helto, Taito. CHINA: Shanghai, Hankow, Am07,:

Foocbow, Swatow, Canton.

New

Kobe,

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

AMERICAN COTTON.

OTHERS: Hong Kong. Singapore, Messrs. Anderson, Clayton and Soerabaya, Semarang, Batavia, Co., Shanghai, quoted the following

York, prices Bombay, London,

for American cotton on Calcutta,

August 27, September shipment:

Taels Cente per lb. per picul C.I.F. ex-wharf 25.11 57.65 67.00 24.81 24.31 55.85 23.51

The Bank has Correspondents to the Comer Centres in the European Continent, Hussia, hlas churia, Tsingtao, Japan, Indo-Chins, Siam, India Pallippine Inlanda, Africa, 4 dc.

Internet Allowed en Current Accounts, an Fixed Deposits at rates which will be quoted on Application.

T. TAKAGI-

Maager,

HONG KONG BRANCH:

3, Des Voeux Road Central. Hong Kong, 7th May, 1820.

THE BANK OF CANTON, LTD.

Established 1912. Head Office:--Hong Kong.

Authoriand Capital (II.K, Currency)... 11,000,800 Pald Up Capital aivers.

**** 8,004,200 Reserve Fund.....................$50,000

BRANCHES

Canton, Banghai, Hankow, Bratow, Bangkok, New York and Ban Prazeleno,

LONDON BANKERS:

The Lloyd's Bank Limited.

CORRESPONDENTS

Antall principal cities of the World.

Foreign exchange zad banking business ol rate acted.

Bala rental of from 25 tages,

Boken (various slast) at a yeariş LOOK POONG SHAN,

Chief Manager.

Hong Kong, 19th February, 1927.

THE BANK OF CHINA."

行銀中

(Specially Authorised by Presidential Mandate of the Republic of China ou the 22nd of November, 1917). Authorised Capital Paid-up Capital Reserve Fund

Good Middling .. Strict Middling. Middling

St. Low Middling Low Middling, fc.

54.05

22.91

52.75

Review Of Week.

יו

נו

N

Mutton Chop

Log

"J

CHINESE GERMAN BONDS..

Shoulder

+

Saddle

Pig's Chitlings

Braina

Feat

24

1

Fry

Hand

+

Heart

15

Kidneys

*

Liver

Pork Chop

The "Investor's Chronicle," com- menting on the announcement that the coupons and drawn bonds of the German tesue of the 5 per cent. Chinese Gold Loan of 1896, which fell due on April 1 last, are now to be paid, says this brings to an end a rather awkward episode. An embargo was placed by the Chinese Ministry of Finance upon the funds remitted for the service of this loan, and of the 4% per cent. gold loan of 1898, owing to a dis- Sheep's Head & Feet.. pute between the Chinese Govern- ment and the Hong Kong Bank. There was no failure by the Chin- ese Government to make the pay-

M

Lag

Loin

M

M

Fat or Lard

Heart

N

Kidneys....**

Liver

19

ments required to cover the service Sucking Pigs, to order.

tain old coupons and bonds which Veel The following market cable has should have been paid by the Ger- been received from Messrs. Ander-man paying bank out of funds re- Bon, Clayton and Fleming, Shang-ceived from the Chinese Govern- ment were not paid owing to the hal: New York, August 15:-

Market, appears to be discount-i disappearance of the money through.

mark, Barbel still the depreciation of the ing 13,000,000 bales which think underestimated. Trade is a They were, however, paid by the Bream moderate buyer. Speculation con- Hong Kong Barik out of an over- Canton Fresh tinues buying on balance with in- draft guaranteed by the late Inspec- Water Fish. terest becoming more scattered. tor-General of Chinese Customs; Moderate demand. Basis somewhat when he resigned the Chinese Carp higher. Producers selling but in- Ministry of Finance he declared Catfish terlor merchants are holding. Fair that the remittance was without Codfish demand for piece goods and yarns their authority, and they placed an Crabs but generally below replacement embargo on the funds remitted to Cattle Fish value.

cover the deficiency caused by the Dab

In future no Dace German default. difference will exist in the status

Dog Fish or trentrient of the German issues

Eela, Conger and the British lasues these two loans.

WHEN YOUR LITTLE ONE CANNOT EAT.

***

****

*******

) 海鮮

" 8 7

15 12 46 28 25

Quail Partridges

Almonds

Apples (California)

Banana (bride's)

Lichess, Dried .... Oranges (Canton)

Pears (Canton)

Peanuts

Persimmons, Large Plantain

Pumele, Slam

Fruits.

គដ | និ៥គ ្គ | | | ± | | |

མམྦཱ་ན་རཙྪིཾ,༤༩ རཙྪེཡྻུཾ་ ༤

each

lb.

60

82

24

鷲山香蕉

Th

4

15

12

#

德路

each 12

10

10

.

16. 14

7

0

金山辦康 each 荔枝干 新會禮

8.

8

0

1b,

36

25

30

៩៖ “ ដ ឌ * ៣ ឌឹ | | | | } }

12

12

10

18

12

4

8

E

each 15

lb.

12

25

38

Vegetables, &c.

Cabbage, Chinese ....

(Shanghai)

1b. 48 20

48 20

33

46

24

12

40

#

36

Per set 8

lb.

18

15

Carambola

28

15

18

Cooosnuts

20 16

Lemons, China

each 15

10 10

Lemons (America)

15 10

8

37

1b

62 30 24

35

25 23

Oranges

95

T

#

38 30

70

1

26

21

per set 85

60 70

each 12

B 7

10

Walnuts

Ib. 20 25 22

Grapes

of the German as well as the Bri-Suot, Boot tlab isaues of the loans, but cor-

80

20 18

H

Matton

40

26

36 20 19

Sausages

20

20

No. 1..

Artichokes

#*#

each

Fish.

Beans, Sprout

ib.

18

lb.

92

24

*

Long ...

14

34 20

16

"

Beat Root...

each

8

B

20

18

10

Bitter Squash

ib. 8

Brinjala, Green

12

45

27

Red...

36

12

#

46

25

rt

42

26

Cane Shoots, bunch

28

16

2

52

16

(Medium)

大富榮花

each

2€

10 $

(Small)

12

8

緗椰荣花

Carrots

lb.

14 8

34 18

Celery, Chinese

26

10

18

Chillies, Dried

45

26

20

*** 辣椒干

10 20

34

25

Rod

紅辣際

16 10 16

64 32

26

Green

72 40 80

襟花椒

15

B

12

22 18

15

Curry Staff, English Cucumbers

10

8

10

2

32.-22

18

24 18 28

Ginger, Young

34 22

76 22 - 24

Horseradish, Shanghai;

56 82

21

Indian Carn

28: 20

28

Lettuce.

84 32

28

Water Chestnuts

*32

18 2

35 16 22

23

20 2018

44 28 14

38

29

:40

76-

45.

Japanese

日本。

и

American

24 18 18

金山

Pumpkin

'Rhubarb · (Fresh)

Shallots

10

Spinach

BUSIER ENGINEERS.

#

Fresh Water Yellow.

Froga

Garoupa

Gudgeon

Herrings

Halibut

The normal, growing child is always ready to eat, and any disinclination for food innst be set down to -health. Ninety-nine times out of one hundred that ill- Important contracts for internal Labrus health is merely a temporary in combustion and steam engines have disposition, some alight derange-been secured this year, state the Losch $60,000,000.00 ment of digestion, or of the in-directors of Richardsons, West Lobsters

Mackerel garth, and Company, the engineer- 18,278,600.03 testines, or of both.

do Monk Fish 9,629,425.24 In such cases Baby's Owning business.

The departments engaged in the Mullet. Tablets comprise the

logical medicine to be administered. building of electrical plant are. the Oysters

con- Parrot Fish They will quickly restore the directors also state, busy on

Perch little one's appetite by gently tracts, and the recently announced Branches and Sub-branches all over cleansing the system, putting agreement with Messrs. Brown,

land, which gives Richardsons, Plaice China and Correspondents in Europe, everything right, and transform Boveri, and Company, of Switzer-Pike

Ltd.

HEAD OFFICE: PERING,

HONG KONG BRANCH: 4, Queen's Road Central.

New York.

America, and other parts of the world. ing the moping youngster to a Westgarth, and Company the ex-Pomfret, Black London Bankers The National Pro- happy child who is always on the clusive right to manufacture in Pomfret, White vincial and Union Bank of England, lookout for meal time this country their steam turbines Praysk

A hundred reasons might be and electric generators, is expect The Guaranty Trust Company of cited why you should keep Baby's ad to lead to increased orders for a

Owa Tablets always on hand. and power station equipments, Rock Fish New York Bankers-The Irving They may be summed up by re- Although last year's accounts Roach National Bank,

The Equitable Trust Company of minding you that these Tablets, show a debit balance, the directora Salmon

containing no narcotics whatso-say that, in view of the large sums Shark New York.

Interest allowed on Current Accounts ever, are invaluable for relieving set aside for reserves in past years, Ekate and Fixed Deposits. Terms on applica- teething pains, in treatment for the improved order book and the shrim

Every description of Banking Busi-worms, in correcting all the minor increased business likely to accrue ailments of Infancy and early from the agreement with the Swisy firm, they feel justified in recom- childhood. non transacted.ESSEN

Loane granted on approved securities. Bpecial facilities for Home Exchange. Of chemists, or at 60 cents the mending a dividend of per cent. vial, from The Dr. Williams' on the Ordinary caylt the same Co., 00 Klangse Road, Shanghai.as on the Preference cotal

SHOU I, CHEN,

Manager.

*** 海田石白鳥 白石橋立観光を

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18

#4

Cauliflower (Large)

Garlie

14.

18:10 9

Mandarin. ##ED

Mushrooms, Fresh Okrook

Onions, Bombay ·

Green

Shanghai

Parsley...

Potato, Sweet

30

148914

38 22 16. 5586

8 10

65 26 85

*Radish

Tomatoes Taros

Turnips, Panti (Loi Vegetable Marrów

Water Cress

Water Lily Boot

3280

12 a

8

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10

10.

12

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