2
HONG KONG AND SHANGHAI
BANKING CORPORATION.
C and Folds Paid-up
Beterre Fund-
freching-
£6,000,000
$14,000,000
$50,000,000 8:20,000,066
Keusto Landinty of Proprietors (538,000,000
HEAD OFFICE: HONGEONO,
BOARD OF DIRECTORS:
N. & Brown, Tag,
Chairman.
H. Bell, Esq. Etiky Chalının.
Eloo. . B. D. F. Belth.
A. E. Compton, Raq. B. T. Johnson, 124q-
·B Lender Lewis. Pay,
AMOT
JEANGKOB
-BATAVIA
JALOUTTA
W. L. Pattanden, B.
T. 1. Pearce, an
J. A. Mamani. 243. J. P. Warren, Kan. Ohsal ManagÁT. Hou Mr. A. G. Hy
RANCHBA-
LANDOS YONA
MALANICS
DAY
MANILA
MOURDIN
NAGASAKI
SKW YORK
JARTON
·CHSPOO
TOLUMBU
DAIKEN
* GOCHUW
ZAPHONG
Ma
MANKOW #ja
SCREW
ALJILU
מסיות!
ab
KOBE
KOWLOOK
KUALA LUMING
MAKING
PENAND
BANGAON
DAUICY
SAN FRANGIES -
BANGUAL
MOHRABAYA
ANGEL PATANI
LATIN
A
YOKOHAMA
slime
Everest Ab open Local Currency and Fixed Depoved for us your u Thurka eriods in Loos Cuerving and anser wirk will be quoted on application.
•Hong Kong, 4 x H.
HONG KONG SAVINGS BANK.
The Duel of the above Book is conduct
SHANGHAI
ed by the HONGKONU AND BANKING CORPORATION,
bed as spation.
FOR TUS HONGKONG BANKING CORPORATION.
Hulas may be
*
SHANOMAI
A. U. ATNEL,
Chist Manager
Elong Song, 154 beplanner, gert.
NEDERLANDSCHE HANDEL-
MAATSCHAPPIJ, N.V., .
NETHERLANDS TRADING BOCIETT)
BANKKBS
Established 1824
vog Kong Ufes :-31 quvon's Bond Content.
duttored Capital
Pasd-Up Opital
Beacon Fund ....
Quilders 160,009,000-
(£19.500.000
Guider 80,000,000 (67) Builder 40.000,00€+ (28,953,113.)
1 Ofte:-AMSTERDAM").
ured ce-ATVIA. BRANCHES-Iludjerman Bundowar') Bombay.
Valeus horis, Djember, jakarta' Fan fague), Jiddab, Koly, hot-Rada Miatar, Maden, Padang
Pakalongan, L'alembang.
Evaliana Bengoon,
Samang),
(Bara),
Fanny Hostards. Elbalg Shanghai, Stage pors Sporstais, bostakeria (da), Tegal, Tillasing sod, Tralie Frede
Teses alone kare safe isposis boas in lat. Leica Bars ---National Provincia: Back L Componders all over the world Banting busiems of ovary description Mauzacted.
P. M. ELBERG,
Hong Kong, 27th May, 1929.
BANQUE DE L'INDO-CHINE.
HEAD OFFICE:
95, Boulevard Haussman, Paris. Subscribed Capital Frs. 72,000,000.00 ..Frs. 68,400,000.00 Paid-up Capital
行銀商工法中
BANQUE FRANCO - CHINOISE pour le
Commerce et l'Industrie (Incorporated in France).
Prince's Building, Chater Road,
Hong Kong.
HEAD OFFICE:
74, Rue St. Lazare, Paris. Capita fully paid up..Fra.50,000,600 Special working capital .Frs.60,000,000 ..Fra 22,319,000 Reserves
BRANCHES: Paris, Lyons, Marseilles, Saigon, Haiphong. Hanoi, Tourane, Quinhon, Hue, Thanh hoa, Vinh Phom Penh.
Peking, Shanghai, Tientsin, Hong Kong.
BANKERS: FRANCE: Societe Generale, Banque Nationale de Credit, Banque de Paris et des Pays Bas. LONDON-Midland Bank, Ltd.
NEW
TORK-American Exchange
ciale Italiana.
SAN FRANCISCO:-Bank of Italy.
THE CHINA
COMMERCE
LONDON ASSURANCE
REVIEW OF YEAR'S BUFINESS
The annual general court of the at the London Assurance was held office, King William-street, E.C.
Mr. Colin Frederick Campbell (the governor), in the course of a speech, said: The life account submitted is a The fund has particularly good one. increased by $429,000, following on an increase of $352,000 a year ago. The premium income is higher by £115,000, rate of interest and the
carned is The expenses of £5 9d. 8d. por cent. management were about the same as a was rather higher.
years
rvin Trust Con Banca Commer. year ago, while the commission paid The mortality experience continues to be extremely satisfactory, the num buy of deaths last year being only 6
Three of that expected. per cent. Cor-
of the present quinquennial period has now passed, and each one has proved satisfactory, so that the bonus prospects for the end of the eur
encouraging. rent quinquennium are There is a noticeable preference now for "with profit policies owing to thase. prospects, and for this reason, I think, we have found no great increase in our of In spite "without profit" business, our having reduced the rates two years. nge. We are now issuing policies pay £3,000,000 able by monthly premiams, and it re- £4,000,000 mains to be seen whether any great de mand for them will develop. We have
Every description of Banking and Exchange Business Transacted. respondents throughout the world. L. BERNIS,
Maniger. Hong Kong, 3rd Angust, 1928. THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA. Incorporated by Royal Chater, 1863. HEAD OFFICE: LONDON, Paid-up Capital Reserve Fund Reserve Liability of Proprie-
toтs
alsa £,000,000
Agencies and Branches:
KUALA LUMPUR KUCHING
ALOR STAR
Nalso ataki
АМБІТЗЫВ
BANGBOX BATAVIA
BOMBAY CALCUTTA
CANTORE
ORBU COLOMBO DAIKEN (Dang.
Bouth Manchurin) DELY
HAIPHONG
HANKOW
HAMBURO
11ABBIN
(N. Manchuria)
HÀNG BÓNG
IFOH
KARACHI
KLANG BORK
JDEAS
MANILA
MEDAN
NEW YORK
PEXING
PENANG PEHA WAR. KANOOON HAJOON
SEMARANG
BEREMDAN
SHANGHAI
SINUAPORE
SOURABAYA
TAIPING
Bh TAVOX TIENTSIN TOKYO TONURAH (Bhutan)
TRIMIT.
KAMBOANGA
(Palade
and
1
General
KUALA KANGSAR Perak (F.H.S.)
Exchange Foreign Banking business transacted.
Current Accounts opened and Fixed Deposits received for 1 year or short- er periods at rates which will be quet ed on application.
A. H. FERGUSON,
Manager.
issued a pamphlet on group insur ance, a form of insurance which has he come increasingly popular in this ecun- try, and which, I believe, in the United States has assumed very large propor tionz.
Fire Department
The profit in the fire account is not us large as we have experienced in re- cent years. This is mainly due to a decline in the income without any cor responding decline in losses; in fact, the latter were about £60.000 higher. The greater part of this increase arow
The ager from the home business. gate losses in the United Kingdom in 1928 are reported to have been about £1,500,000 in excess of the total for 1927, and our loss ratio for England and Scotland was the worst, for several This experience ran side by side with intensified competition, and downward tendeney in rates, especially for every form of insurance not govern od by tariff.
years.
а
Hong Kong, 8th January, 1929. THE BANK OF TAIWAN, LTD..it is a matter of considerable satis-
(TAIWAN GINKO)
HEAD OFFICE:-Taipeh, Formosa,
Incorporated by Special Imperlai Charter, 1839.
The fund remains at £1,550,000, and the additional reserve is increased by We have transferred about £22,000. £117.688 to profit and loss account.
Marine Insurance Turning new to the marine account, faction that no further support has been found necessary by transfer from profit and loss account, and that we have been able to maintain the marine fund at £1,000,000. I warned you a year
ugo rot to expect any rapid change for the better in marine busi- ness, and repeat that warning to- the same time, I am able day, but. Centru Bank in Formosa.
that our 1027 account to tell you Bant Notes issued
....Yen. 45,000,000 worked out better than that of 1926, Average amount
and that our account for 1928, so far BRANCHES AND AGENCIES:
as it has gone, is better than that of JAPAN:-Tokyo, Yokohama, Kobe, 1927.
Meetings of the chairmen and gen- Osaka.
of the companies tran- managers FORMOSA-Giran, Kagi, Karenko, eral
Keelung, Makong, Nanto, Shin-sacting marine insurance business have chiku, Taichu, Tainan, Takao, been bold regularly throughout the year, and the underwriters have also Tamsui, Toen, Heito, Taito..
of reviewing the field of their OTHERS: Hong Kong Singapore. These meetings have done good with.
Batavia, out a doubt though it has Socrabaya, Semarang.
AND
FINANCE.
MAIL,
IN NEW YORK
PROSPERITY WITHOUT A
BOOM
(6) Decline in business failures.
The Less Favourable commercial
in
(1) Rise
rates.
(3) Continued building contracts.
paper
(2) Decline in commodity prices,
decline in weekly
(4) Signs of inflation in metals and steel and peak levole for iron production.
(5) Violant fluctuations in stocka (6) The Mexican situation.
Automobile Production Similarly the signs of a continued upward trend are noted in the April "Facts for Workers' But this bulletin, published by the Labour Bureau, a
for labour organisation research When the year is at the spring, unions, adds that there are a num there is a natural inclination to won ber of uncertainties which have to be der whether all is right with the faced, the chief one being "the peà- world of business, industry, and fin-sible depressing effect of a tightness by the absorption Now that the record for the of credit, caused ance. first quarter la being revealed,, all of banking resources in stock market the statisticians and economists, says speculation," and the possibility that
production the "Literary Digest," are checking up automobile on the January predictions that "busi down.
But having thus given full recogni ness would be fine in 1929." Lot it be said at once that the conclusions tion to the more cautious forecast are predominantly cheerful. The re-ers, it must be said that the optime cord for the first quarter
vast majority, and ists are in the sidered excellent, and most forecast- they include, too, some of our mest for the notable authorities on business con- extremely hopeful
ditions.
We take, for instance, coming months.
The latter The New York World recently pub- Dun's and Bradsteet's. lished a symposium on business con- begins its first April review of the ditionis and found all the forecasts state of trade by saying! permeated with optimism.
crs are
is con-
But the most significant feature, it insists editorially, is the absence of the word "hoam" in the review. As it reflects:
}
Situation Sound "For business to have its greatest year on record without a boom will be no slight achievement. For years that has been the goal of the coun- A boom 12 try's business leaders. not wasted, because it brings inevit- able reaction and depression. To at tain boomless prosperity reflect marked progress in the technique of production and distribution, avoidance of swollen inventories and price
inflation, the stabilisation employment, and wages at a level which insures a high degree of pur- chasing power.
loill
the
of
may
Blow
With fuller realisation of the very large business done in the first three months of the year, there is an evi- dent tendency to take rather cheer- ful views of the possible uncer- tainties facing trade and industry in For one thing, the second quarter. the current volume of final distribu- tion compares execedingly well with that done in the like periods of the last and preceding years.
THURSDAY, JUNE 6, 1929.
JAPAN'S TRADE
THE FOREIGN TRADE SHOWS UNFAVOURABLE. BALANCE
INTERESTING STATISTICS
happy settlement of the Nanking and Hankow incidents.
The Money Market
In the money market, the situation can be summed up that the short-term loans are strong, owing to a decrease of the volume of call money and the of gradual increase of the movement funds, resulted from an increase of the The discount agreement banks. During April Japan's foreign trade
rates in the market are also strong, witnessed Y.176,000,000 for export while a precantionury attitude is pre- unfavourable balance vailing due to the considerable declin. resulting in an of trade by Y.36,000,000. The general ing signs in the stock and bonds market, trend was, as compared with the cor- The foreign exchange which has shown a weak tone for some time past is at the news of the responding period of the previous year, turning upward an export increase of cotton tissues, weaker trend of silver, and the rate at
quoted at $44.. silk goods sad raw silk and an export the month-end.
beer and paper, As to industrial circles, Cotton decrease of sugar, while in imports, such goods as raw Mills have dropped midnight opera- cotton, iron and various machineries tions. and the total number of such increased, accompanied by a decrease factories operating at the beginning of of rice paddy, sugar and vegetable May was 88 which cover about 50 per cent. of the total spindles employed , recording an import excess by a pretty sum of Y.299,000,000, which is in Japan. Silk filatures have carried Y.58,000,000, as out the curtailment of operations by Increase of
to control the output against the corresponding period of 2 per cent, and iron works are also
expected
The specific the previous year.
cheaper goods. Reflecting upon the value of Japan's of
circles during is noticeable that the export vahue April are: Y.41,000,000, espital far China trade during the same month, it features in industrial showed the sum of Y.45,000,000 with new enterprises; Y.13,000,000, fund a result of export excess by for expansion of business; ¥.8,000,000
favourable Y.25,000,000, and the total value of for company debentures: Y.710,000 for trade balance from the the dissolution of the fifty-two business beginning of the current year register concerns.
In the commodity marketa, dealings ed Y.$9,000,000 which, as compared
owing to the is rather weak with that of the corresponding period of raw silk are favourable, while raw of the previous year, showed an in- cotton
business depression in the industrial crease of Y.2,600,000. In this con- nection, it should he painted out that districts, the silk goods market is also the general expectancy is prevailing as dull and the situation of "habutac" Chirs trade in consideration of the facturers are almost idle due to the regarda favourable signs of Japan's silk is so poor that dealers, and manu- abating situation of the Anti-Japanese unfavourable situation of the foreign
reauled from a exchange. boycott moveinest
20
Ar
HONG KONG MARKET PRODUCE.
"Of course this description will not or every section fit every industry of the country. The coal, oil, textile and leather industries still have their troubles, though in some cases they are less
were in Beef Sirloin acute than they 1628; agricultural conditions, though changing for the better, still leave much to be desired, and constructioni Taken as a activity has slackened.
the situation whole,
however, sound, and the lack of boont toms, except in the stock market, is propitious for the future."
Recent Speculations.
The recent liquidation in. the stock market has, of course, created alarms which conditions, business about brought from Secretary of Commerce almost Lamont the reassurance that
"indicators! all of his Department's show sound conditions prevailing and that prosperity, in the words of the "has not yet "New York Times," been seriously interfered with by the
tors i gyrations of the spectors."
in one of Mr. Charles F. hia Consolidated Press dispatches from New York, writes "the condi-
כו
دو
Sausages
Bullock's Brains
Tongue, fresh
13
Head
Heart
#
Tongue, corned
Hump, Salt
Feet
ta
11
Kidneys
Tail
•
Liver
*
Tripe
APPROXIMATE RETAIL PRICES.
Eggs, Hen (cooking).
新鮮雞蛋
本地鹗
海南雞
獅線肥鴨班獅新本海鵝白海火火沙山糖烤
88 2*88* **<89842
May 31, Juzie, June,
1929. 1918. 1914.
Cta. Cts. Cla
21
30
"
30
21
21
ench 35
海口
9.
1b.
火雞
11
pair
each
May 31, June, June,
1929, 1918. 1914.
Butcher Meat.
Cia. Cto. Cto.
Poultry.
牛尾耙
Bb.
28
24 12
Chicken
27
Prime Cut
30 26
11
J
Capona, Small
Corned
23
12
-
Capons, Largo
̇肥線鱻
Roast
28 24
32
Duck
"
is
Breast
15
2.4 20 18
Doves
each
symp-
Soup
24 20
18
per doz. 28
T
Steak
28
24
22
Eggs, Hen (fresh)
"
Steak Sirlon
36
30 15
Fowls, Canton
3b.
71
32
26 20
Fowls, Hainan
14
per set 15
10
12
Geess
each 65
50
60
60
$1.20
81.23
15. 24 18
14
$4 20 16
B
each 10
10
12
15 10 12
25
20
92
Jb.
24
19 14
8 6
sat $1.20 $1.00 $1.00
45 26
15
26
44
24
45
30
27
Curambola...................
Per set 3
12
Cocoanuts
13 15
15 30
18
Lemons, China
18
20
Lemons (America)
each 15
10
10
Lichees, Dried
12
10
સ
48
80
24
Oranges (Canton)
新會甜橙
37
34
25
28
Oranges
橙
23
25
Pears (Canton)
梨
22
*
38 60 70
Peanuts
21 21
ZE
#
14
10
20
11
per set 12
60
70
Persimmons, Large
糕
#
each 11
8 7
Plantain
5
15
12
10.
Pumelo, Siam
46 26 25
湯鮮柚 each 18
12
Walnuts
lb. 26 26 22
lb.
18
BO 20 18
菩提子
39
Leg
tions in business and the position of Calves' Head & Fect stocks are so closely interwoven that Mutton Chop it is difficult to unwind them":
Stocks have advanced because of
Shoulder already
Saddle the profits from
Busi- taken and those and.
considerable Pig's Chillings ness has fattened to
Brains extent on the gains from securities. There is rapidly growing evidence. however, that the absorption of such a large proportion of the country's luuld funds in the stock market is hurting business, although few will admit it. The annual report of the International Harvester Company re- from normal business channels of such vast sums in money and credit as are now be ing absorbed by the steck and secur- ity
produce an interest rates adverse effect upon agriculture. the Sheep's Head & Feet .. country's greatest industry,
Reserve Funds ....Frs.102,000,000.00 CHINA:-Shanghai, Hankow, Amoy, met for the purerations generally.fers to the "diversion
BRANCHES: Bangkok Hong Kong Quinhon Battambang Hue
Canton
Canthe
Dijbouti
Fort-Hayard Papecte
Saigon
Shanghai M.ngt.se Num-Dinh Singapore Neumea
Peking
Thanhn
Pnon-Penh Vinh
Pondicherry Yunnaníu RANKERS:
Haiphong
Harkow Hanoi
Tientsin TDFLEE
Foochow, Swatos, Canton.
not
Bombay, Culcutta, Londen, New found possible to formulate any agreeing austa" and says "the result-
Tork, Dairen.
LONDON BANKERS: The London County Westminster and Parr's Bank.
ela.
acter.
with them
ant high
as upon other industrial mercial undertakings."
ments or tariffs of a far-reaching char-
I doubt, indeed, if salvation to be cuked for in this direction; nor do I look for it in the curtailment of Tas Bank has Correspondente in the Corinal the facilities afforded to the public.
We are ready at all times to collabor- Centros in the European Continent, Dusais, Men- churis, Tinglao, Japan. Indo Chias Siam, Imdinate with our neighbours, and we will ja maintaining and, Philippine Inanie, Java, Afrion, U‚ß‚A., Australia,
join W IN FRANCE: Comptoir National lawas allowed on Current docounts, and Pized when necessary, increasing rates when- to the d'Escompte de Paria; Credit Lyonnais; Deposits at cater which will be quoted on applice ever we see there is a chance of such
K. NAGURA, agreements being acceptable Banque de Paris et des Pays-Bas, to. Deposits Ten can be accepted.
market as a whole and being loyally adhered to; but, when all is said and done, I rely far more on our under-Statistic writers' using his own experience and knowledge and on his refusing to place risks en bis books which do not offer the prospect of a fair margin of profit. The bull agreement has continued to operate throughout the year, but the attempt to obtain a uniform minimum increase of 10 per cent. on everything was found, in practice, to be unwork Able.
Credit Industriel et Commercial; So- ciate Generale.
IN LONDON: The National Pro- vincial & Union Bank of England, Ltd.; Comptair National d'Escompte de Paris; Credit Lyonnais.
IN NEW YORK: J. P. Morgan & Co.; French American Banking Cor- poration; Guaranty Trust Co. of New York.
on
Interest allowed Current Ac- counts and Fixed Deposita according to arrangements.
Every description of Danking and Exchange Business transacted. Safe Deposit Boxes to let.
A. LECOT,
Hong Kong, 1st May, 1929.
Manager.
HONG KONG BRANCH:
Manager.
3, Des Voeux Road Central. Hong Kong, 19th January, 1929.
THE BANK OF CHINA.
行銀國
(Specially Authorised by Presidential Mandater of the Republic of China on the 22nd of November, 1917).
Our New York account, so ably man- $60,000,000.00
18278,600.00 aged by Messrs. Chubb and Son, hus Authorised Capital Paid-up Capital
9,629,425.24 again produced a profitable result, and Reserve Fund
we congratulate them, most heartily on their success.
HEAD OFFICE: PEKING. HONG KONG BRANCH: 4, Queen's Road Central.
London
EXO-
Accident Business The accident business, which braces so many kinds of risks, includ. Branches and Sub-branches all over ing employers liability, burglary, and THE YOKOHAMA SPECIE BANK, China and Correspondents in Europe, motor insurance, continues to expand. America, and other parts of the world. There cannot be much profit in en- as this Bankers: The National players' liability insurance, Provincial and Union Bank of England, business is worked subject to an ar rangement made by the tariff offices The Guaranty. Trust Company of with the Government. Burglary inst- ance has shown better resalts, due to a New York Bankers: The Irving closer sifting of risks, but recoveries New York,
be dis- National Bank.
of stolen goods continue to The Equitable Trust Company of appointingly small. The insurance of New York.
motor cars has also produced better re- pa Current Acults: due largely to a revision of rates Interest allowed counts and Fixed Deposits. Terms on on the lighter kinds of cars: application.
Out Colonial and foreign business Every description of Banking Busi-has increased, and the results generally ness transacted.
were satisfactory.
The profit and loss account and Loans granted on approved secur- ities.
Special facilities for Home Ebalance sheet require no special ex- change.
LIMITED.
Established 1880. Capital (fully paid-up) Yen 100,000,000 Yen 105,500,000 Caserve fund
Head Office:-YOKOHAMA.
Branches and Agences at:
Newchwang New York "Osaka
Ltd.
Peking Rangoon Rio de Janeiro Saigon
Alatandria
Batavia
ombay
Зчером Аутен
Calcutta
Canton
Changchun
Dairea (Dalny)
San Francisco
Bengtsen (Mukden) Seattle
#Hamburg
Hankow
Harbin
Elong Keng
Honolulu
Kai Yuen
Karachi
Los Angeles
Kobe
London
Lyons
Handia
SHOU J. CHEN,
Manager
THE HO HONG BANK, LTD. (Established 1917.)
CAPITAL.
THE BANK OF CANTON, LTD.
Established 1912.
Head Office:--Hong Kong.
Authorised Capliai (H.K. Oncanacy), ... 21,000,000 Paid Up Canlial 1,004 200 Десть Вор ---
BIANCHER
Semarang Shanghai Shinonomeld Singapore Soersbaya Sydney Tientam
Tokyo Tsinaufu Tsingtau Vladivostok
(Temporarily
closed)
Current Ac Interest allowed on →gunta.
Deponite received for fixed period at rates to be obtained on application
·H. MORL
Manager, Hong Kong, 11th March, 1929.
Chief Manager. Hong Kong, 19th February, 1927.
Nagoya
860,000 Bwalow, Bangtok, New York auch Ban Freaction.
LONDON-BANKERS 7—
EnougBask
The Lion's Bank Limited.
CORRESPONDE World In all principal ctims of the Yurtiga wanitage: and banking basisom Cal. wey disciption teamsetsä.
Safe Deposit Bozan (TAZIORS' shR)-n a Yourly
rental of rum $5 to $40.
LOOK POONG SHAN,
7+
Feet
27
19
Fry Head
"
Heart
$
52
Kidneys
Liver
13
Pork Chop
12
Leg
Loin
Fat or Lard
as well
Heart
73
and com-
21
Kidneys
Liver
Sucking Pigs, to order Suet, Beaf
77
Veal
Mutton
Sausages
No. 1.
17
Fish.
Counsels of Caution While the business trend is still upward and all signs indicate a large business volume at least through the first half of the year, the Franklin Statistical Service, which works in co-operation with the New York Uni- versity Bureau of Business Research, does not "consider the business situa-
да entirely sound, tion future as entirely rosy." As it re- Barbel
marks:
ncr
the
Bream It is only a question of time be- Canton Fresh restrictive effects of high Water Fish. fore the money will become more evident. The present levels of production, it Carp Juust be remembered, are peak levels, Catüsk and it would be contrary to all ex- Codfish perience to expect them to be long Crabs sustained. Such situations as exist
me Cuttle Fish in copper, automobiles, and to some extent in steel, cannot last forever. Dab Those whose plans run much be- Dace yond the middle of 1929, therefore, Dog Fish should observe the counsels of cau- tion and hear in mind the possibility Eels, Conger
H
Fresh Water
Yellow
**
of a considerable recession before the end of the year.
And this authority sets down as
Frogs follows the favourable and unfavour- able developments
noted early in Garoup April:
Gudgeon Herrings
The More Favourable (3) Machine tool orders increased. Halibut (2) Continued high levels of auto-Labrus
Loach mobile and steel production.
(3) High employment and pay-Lobsters rolls.
ta restrict
oil Mackerci (4). Co-operation production.
(5) Gold imports.
Monk Fish
Mullet Oysters Parrot Fish
planations. The amounts paid in divi- Perch dends remain the same, and the Pike
Plaice balance carried forward is £328,847. The securities beld by the Corporation continue to be of the same high class as Pomfret,
Whita
In the past, and their present market Pomfret, Black value is considerably higher than that Prawns $20,000,000 at which they stand in the balance Ray
8,000,000 sheet. 4,000,000
of Liabilities
4,000,000
Authorised Lasued Paid-up Reserve
Shareholders Surplus ...
HEAD OFFICES-SINGAPORE Branches, Agencies and Correspon dents in the principal cities of the world.
Every description of Banking and Exchange business transacted.
TAN ENG HOOL,
Manager. Hong Kong, 15th May, 1929.
The report was unanimously adopt. Rock Fish ed, and a dividend of 11s. 3d. per Resch Bhare, less income tax, was declared, simon 2,219,000 68.54 being payable on May 1 and Shark
5s. 10d, on November 1, 1929,
was passed, Skate A further resolution and will be submitted for confirmation Shrimps at an extraordinary general Court, to Snapper
15, altering be held on June the regulations of the Corporation with Soles a view to the payment of interim div!- Tench dends instead of the dividend payable, Turbof
省
an at present, in two instalments, Turtles, well, fr. Water
就燒牛! 耙 肏肉朐岜悱檄股銎揪榭煩心蕤脚饔尾肝肚脚骨牌手肉鍚腦脚什蛸心肝骨脾團沚脚心腰肝猪油油肉股 ྋ རྒྱ: ང༅ རྐ མིང ཟ ེü སྦེ ར ་ ལླཾཎྜ 羊羊羊猪猪猁猪猪猪猪羊羊羊牛乳鮮鮮牛牛 * 8 牛羊仔仔
4
#
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期
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沙發
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1118
Pigeons, Canton
Hoihow
Turkeys, Cock
Turkeys, Hen
Snipe Pheasant
Quail Partridges
Fruits.
Apples (California)
Bananas (bride's)
金山萍藥
爇山香蕉
# 桃
# each 14
## 1b.
金山檸檬 each
**+ lb.
Almendo
45 26 26
Grapes
30 20
20
32
28
**
* #
16 24
Vegetables, &c.
Artichokes
Beans, Sprout
雅芝
Red....
Cauliflower (Large)
(Shanghai). Cane Shoots, bunch..
(Medium) 中椰菜花
(Small) 椰菜花
********* 12! | T
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| | ཆུ ཟྭ ཋ ཀྱུ | |
888-882 | | | | |!
lb.
60
22
73
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35
24
-12
20
24
24
24
8818919]
46
10
10
12
25
30
8
3:0
20
རྒྱ
26
ཤྩ
each 12
26226
12
11198121991
15
6
16
** | | | | | | | |
lb.
12
Long
20
16
Beet Root
12
"
-
Bitter Squash
24
ˋ
-
13
16
Brinjals, Green
+ 5
6 5
16
27
12
9
Cabbage, Chinese
10
12
12
16 27
23 26
each
16 27
3!
21
16
$
20
A
Carrots
10
8
金
Celery, Chinese
16
純榮
30 10
Chillies, Dried
10 18
辣椒干
22 25
71
Red
26
30
11
·紅辣椒
36 10
Green
32
25
青花椒
14
8
12
"3
80
Curry Stuff, English...
10 B
22 18
Cucumbers
稱
Garlic....
30 G
12 7
гр
8 10
30
8
6 1
10
$6
15
1
8.
6
4
$ 召
25 60
5
8
11
N
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40
15
24
19 23
18
22 18
22 24
32 21
Ginger, Young
Qld
Horseradish, Shanghai
Indian Corn
Lettuce
Water Chestnuts
. Mandarin.
Mushrooms, Freak
Onions, Bombay
竹菜角西瓜瓜瓜菜菜笋 花花花笋菜干椒椒料瓜踮畫 米菜蹄蹄菰 頭藐暊萊箸仔仔瓜仔業湏栗茄熲构 來嘉 生草兢
20
26
13
2
12
2
###
16
22
Okrocs
14 9
洋葱
20
15
Green
生
16
9
Shanghai
上海
36.
26
29
86
301
• Paralez
芹菜
аб
36 45
Potato, Sweet
Japanese
10 14
"
16 10
American
金山薯仔
14
け
13
18
Pumpkin
4
22
10
Radish
紅蘿蔔仔
-16-
86 30
$ 10
Shallots
10
Rhubarb (Fresh)
10 10 Spinach
Tomatoes
Turnips, Punti (Long)
Vegetable Marrow
"Water Lily Root
30
26 35
Taros
28 23
22
18
24
18
12
Water Gress
1.50
#
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