HONG KONG AND SHANGHAI BANKING CORPORATION.

aneburned - Capital $50,000,000 furand and Polly Puidup........... $30,000,060 Basurve Funds

Allog Mitter

SALOMATLARDAN 6,000,000

Bende₤14,000,000

Kouevo Laibility of Proprietors man...$30,006,010

JEAD OFFICE, HONGKONA,

BOARD OF DIRECTORS:—

N. 8. Brown, Eng.

Chalis

W. H. Belk, Eng. Deputy Chairman,

Hon. Mr. B. D. F. Baith. A. Compton, Esq. AL. T. Johnson, Esq. 1. Landas Lewis. Eaq.

2NOT

KANDHOL BATAVIA BOMBAY

CALCUTTA CANTON

CHEFOO

-COLOMBO

W. L. Prihondan, Hog T. &. Pearce, 34q.

3. A. Fatmine, Bat J. F. Warren, Esq.

Chiat Manage Hon. Mr. & C. Hyes.

DAIREN FOOCHOT NAIPHONU

SAMBURO

AANKOW HARBIN

HONGLEW

BOHO

(OH

TROBE

JOHE

ZOWLOON

BRANCHES

KUALA LUMPUR

LONDON LYONS MALACCA MANILA MOURDEN

NAGASAKI

NEW TUBK

PEKING

PENANO

BANGOON

BAIGON

SAN FRANCISCO

HANUKAL

SINGAPORE

SODBABAYA

SUNGEI PATANI TIENTRIN

TORTO

THINGTAO

YOKOHAMA

Cureaná konunda upanad In Local Dumesney * Fixed Deposiím čuoskyed far 004 J O sverser periods in Loral Curtenay adi žiarling en form which will be quoted be application. Hong Kong, 4th May, 1973,

HONG KONG SAVINGS BANK.

The Buses of the slovo Bank, la mondack- ed by the HONGKONG AND KEANGHAL BANKING CORPORATION, Bhulan may, be sbloed pe application.

FOR FRG -- HONGKONG BANKING CORPORATION.

KHANGHAI

&

A. C. BINES,

Chial Manag

Kong Hong, 19th Hapierenbar.. 1217.

NEDERLANDSCHE HANDEL-

MAATSCHAPPIJ, NY,

ENETHERLANDS TRADING SOXETS;

BANKERS

Extablimbed 124

Long Kong Office:-11 Queen's Bond Osciral.

Sukurzend Capital

Pad-lip Capital

Barra Fund

Graáldsen 109,500,000-

(£13,500,000) Guilders 80,000,000- (£66667) Guilder 40,000,000

(RAUER,398)

Baad Úho-{AMSTERDAM”). Fastern Bed OTAVIA HRASES:-Bandoran Ratang Basa bak.-F.

Olsult, Chutiboa. Djaiber, Djok. jakarta) The Haywa'), Jiddub, Kolm, Kota-Hadja, Makasar, Medan, Pedang Уковод

Palembang. Talon Barbar Prosleak, Bangoon, Bemareng!, Shanghai, [Bulaca)

Bingapore, Boerabi Roseskarta (Bolaj, Tumai, Vpintjep and Weltevreden.')

*) have ofhows have sate deposit boxes te lei. Landon Banks-National Perinatal Bank 24. Obersepandaia si oraz the world

Banking basinaga of ovary deipsion, Kauanoted.

P. M. ELBERO,

Manigai.

Hong Kong, 27th May, 1929.

BANQUE DE L'INDO-CHINE.

HEAD OFFICE;

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, Ros St. Lazare, Pariz.

Capital fully paid up..Fre50,000,000 Special working capital .Frs.50,000,000 Reserves

Fra 22,818,000

BRANCHES:

SHANGHAI COTTON

THE CHINA

COMMERCE

DIVIDEND OF 8 PER CENT. FOR HALF-YEAR

At a meeting of the directors of the Shanghai Cotton Manufacturing Co., Ltd.. it was decided to recon- Paris, Lyons, Marseilles, Saigon, mend to the shareholders to appor Haiphong, Hanoi, Tourane, Quinhon, tion the balance of Tls.622,900.0 at Hue, Thanh Hoa Vinh, Prom Penh.

credit of profit and loss account for Poking, Shanghai, Tientsin, Hong the six months ended April 30, 1928, Kong

BANKERS:

FRANCE:--Societe Generale, Banque Nationale de Credit, Banque de

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

NEW

as follows:

Tix.

AND

FINANCE.

METAL MARKET

MAIL,

RATHER EASIER TENDENCY IN LONDON

in

A

MACHINE TOOLS

ELECTRIC ARC WELDING GOOD PROGRESS

As it has now become an accept ed fact that electric are welding machines, both stationary and part- able, are as essential in a workshop as any other machine tool, the fol- lowing descriptions will, doubt, be of general interest to engineers con- cerned in constructional and mainten- ance work.

The machine illustrated represents A very great advance in portable welding equipment and, smbodies the very latest developments.

Messrs. Rudolf Wolf & Co., their report dated London, May 17,

One of these sets has recently been state:-

Whilst some irregularity has pre-way Company who entrusted this supplied to the Bengal Nagpur Rail vailed, markets have

the whole order to

Alloy Welding Processes, displayed a rather and with the exception of Cash Cop- the supply

easier tendency, Ltd., of London. The contract is for of a Mator Generator per, prices are all lower compar Electric Arc Welding Plant for twe ed with last Friday's official close.

Tin has been quiet and easier, the received for similar

operators. Other orders have been Place to Legal Reserve Fund 50,000.00

seta from the Place to Sundry Deprecia.

decline of £5 for following important, concerns→→ price showing a tion Reserve Fand 150,000.00 | cash and £3.12.5 for three months a

Assam Bengal Railway Company. to YORK: American Exchange Place Fire Insurance

compared with our last report. A

East Indian Railways, eman 17 Reserve Fund Irving Trust Co., Banca Commer«

50,000.00 | fair amount of support has been Nigerian Railways. Place to Staff Provident

afforded by the buil party, bat in- ciale Italiana,

South African Railways. Fund

20,000.00 sufficient to do more than barely Eastern Bengal Railways. Pay Dividend at 8 per cent, pa..

maintain prices, for the buying was Crown Agents for the Colonies. always met by very active selling of 80,000 Old Shares at Tis.2

Admiralty H.M.

for Singapore Balea in per share

160,000.00 a general character.

the Floating Dock. 40,000 New Shares

East have amounted to 1,400 tons

British Army Council for Woolwich 40,000,00❘ during the week; shipments thence Tis.1 per share

Arsenal. To Carry forward to

up to the 13th inst. were 3,890 tons,:

The machine which is under con 152,900.07 and for the month are still estimat-struction for the Bengal and Nagpur Account

ed at 3,000 tons. Straits tin has Railway is to be fitted with their Tls.022,000.07 | changed hands at $1.10.0 premium latest B.P. type dynamos, which are over Standard, the premium on self-stabilising, drooping characteris- Banka remaining nominally at about tic machines giving the arc voltage

4. The position has undergone no material change, for supply and de-

at their terminals. The special tea

resistance,

SAN FRANCISCO:—Bank of Italy.

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

L. BERNIS,

Manager Hong Kong, 3rd August, 1928,

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

Total

at

next

Incorporated by Royal Chater, 1853. CHEMICAL INDUSTRY mand preserve very mach the same that no separate series

tures of the "A.W.P." generator are

HEAD OFFICE: LONDON.

Paid-up Capital

£3,000,000

Berve Fund ....

£4,000,000

Reserve Liability of Proprie

Lore

23,000,000

Agencies and Branches:

ALOE STAR

(Malay migh

AMBITBAB BANGIOS BATAVIA

BOMDAT CALCUTTA GANTON DAWNPORK Отво COLOMBO DAIREN

.

South Kankaria) DELHI

HAIPHONG HAMBURO

(N. Manchuria)

HANKOW

MARTIN

HONG KONG

ILOILO

JPOH

ACHI

KOEZ

EUALA BANGSAR

KUALA LUMPUR

KUCHINO

MADRAS

MANILA

MBDAN

NEW YORK

FEKING

PENAND PESHAWAR BANGOON

SAIGON

BEMARANG

BEREMBAN

SHANGHAI

BINGAPORE BOURABAYA TAIPING

ÜLM BI TAVOT

TIENTSIN TOLYO

TONORAH buket) TSINGTAO FOKOHAMA

ZAMBOANGA

(Philippins Talnaduj

Paraà (F.M.5)

and General Foreign Exchange Banking business transacted.

Current Accounts opened and Fixed Deposits received for 1 year or short- er periods at rates which will be quot Jed on application.

A H. FERGUSON,

Manager. Hong Kong, 8th January, 1929.

THE BANK OF TAIWAN, LTD.

(TAIWAN GINKO)

HEAD OFFICE:-Taipeh, Formona.

Incorporated by Special Imperial Charter, 1899.

Central Bank in Formosa. Bank Notes issued,

Average amount. Yen. 16,000,000

INSTITUTION AND ITS

WORK

consequence of

ratio as hitherto, in which the tendency is for stocks to further increase, a condition which it would seem to reflected in the appar- ent surplus of cash and near tin The attention which was given to which latterly has been offering free- the design, construction, operation, ly, and in consequence of which the and efficiency of chemical plant dur-contango has increased from £1.12.6 ing the European War was reflect- at the close of last week to $3.2.6. ed In the formation, on October 20, Meanwhile, the market presents no 1918, of Chemical Engineering very definite tandeney and, pending Group

of the Society of Chemical In- fresh developments whereby the dustry, which group has

continued its

course of consumption over the next activities aver since.

month or so may be more easily de- Shortly after the conclusion of termined, fluctuations are likely to hostilities, however, the opinion gain be confined within comparatively nar ed strength that a separate institu- row limits. tion, which might act as a qualify. ing body for chemical engineers, should be formed. A number of con- ferences were ea led, and eventually, in March 1922, an advisory commit tee was constituted

to consider the matter. A memorandum, articles of association, and by-laws of the pro- posed Institution of Chemical En gineers were drafted and finally ap proved, and upon the completion of various preliminary mattere, the in- augural meeting was held at the Hotet Cecil, London, on May 2, 1922. The Institution was formally incor- porated on December 21, 1922, and the first annual corporate meeting took place on June 8, 1923, at the Engineers Club,

Coventry-street, London. The importance of the In- stitution

increased

steadily year by year, and numerous interest ing contributions to the proceedings have been made.

has

A highly successful meeting was heid in the United States and Cana- da last year. The President of the Institution, Sir Alexander Gibb, speaking at the seventh

annual din

£71.5.0

FRIDAY, JUNE. 14, 1929.

reactors or transformers are requir- ed, neither is separate excitation

necessary,

Portable machines of any kind may have to be used out in the open, ES pecially in connection with railway work, this

problem has been dealt with in В very efficient manner. The substantial stret cover

with its wide remov able inspection doors at the sides, the protecting doors to the switch- board, the recessed control panel and the flush-mounting switchgear have been well thought out to afford the maximum possible protection under adverse weather conditions.

laminated

Such rednements 38 springs, wide steel wheels fitted with roller bearings and swivelling fore-

PLEASE DON'T WASTE WATER

through a severe series of trials, and we understand that all those who have tested it praise

its perform ance most highly, and pronounce It even better than the Transformer" type which it supersedes, and which proved to be so popular in the past.

Simplicity is a feature always to be desired in machinery, but one which is not always attained How ever, after much experimental work this has been reached to a very high degree in the new type of dynamo

which will shortly be available.

It will be realised that the risk of breakdown and the maintenance cost will be considerably reduced by the elimination of such devices as series resistances, reactors, transformers, divertor switches, separate axeiters, contractors, solenoida, etc., all of which have been swept away in de signing the new "A.W.P." Welding Generator.

* WHITEAWAYS "

24

The annual report of Whiteaway, carriage are points that will be ap- Laidlaw and Company, London, states:

show scomants The

profit proached by those who have to

of

160. 5d., handle such a plant outside the work-

£92,187

and, after the payment of shops where the surface over which providing for

preference dividends to Decem the equipment is being moved right ber 31, 1928, and an interim dividend not be so hard or snooth-an may be

on the ordinary shares pail Decem- desired.

ber 1, 1928, there is a balance of As is usual with electrical machin- £55,296 12., which the directors re- have to be liberally rated and have ery destined for India, the dynamos commend shall be appropriated as special insulation, but as Alloy Weld-

follows:-To pay final dividend of 6 per cent, making 10 per cent. per ing Processes, Ltd, have already sup-annum, free of tax, on the ordinary different forms to that country, their employces provident plied a large number of machines in

shares, to pay to the trustees of the fund £1,000; experience in that connection enabled and to carry forward the halance of them to fulfil all requirements. $24,820 12s. to the next year's ac

The new type of dynamo has been count

HONG KONG MARKET PRODUCE.

APPROXIMATE PATAN PRICES.

Butcher Meat.

Copper Actire Copper has been active and irre- gular, Easier conditions prevailed during the earlier part of the week following some active selling and liquidation, in course of which prices decined,

three the

months' price touching

on Wednesday and Cash changing hands at £71.126. On Thursday, reports were current that the Anaconda Company would effect Bullock's Brains a 10 per cent. reduction in output, which stimulated

more active de mand, and the prica sharply recover- ed, touching $16

for cash an £78.10.0 for three months.

To-day, after an irregular opening, the firm- ness was maintained, particularly for the cash position, and the market eventually closed £1.10.0 higher cash and £1.2.6 lower for

-hree months as compared with last Fri- day, co

that a backvardation of £2.10.0 has been once more estab-

Tongue, fresh

Tongue, corned

21

Head

Heart

37

M

Hump, Salt

Feet

#2

for

IT

Kidneys

Tail

Liver

#

20

Tripe

נו

Jone, 8, June, June,

1929. 1918. 1914.

Cts. Cts. Cts.

12

Chicken

Capons, Small

Poultry.

Capons, Large

Eggs, Hen (cooking)..

Turkeys, Cock

Turkeys, Hon

Partridges

June, 8, June, June,

1939. 1918. 1914.

Cts. Cla. Ots.

16. 86 30 31

28 30

EAD

2B

90

21

#

**

each

22

21

#per doz 28

18

新鮮粉蛋

25 24

* .

36

24

海南雞

36 24

24

24

A

Beach 35 10

lb.

88 #KH86 88617EEN

086

錢缐肥鴨班颖新本海籍白海火火沙山精典

11

pair

Bach

#

| | | | | EROSER***** $8

Beef Sirloin

4 b.

28 24

*

Prime, Cat Corned

30

28 11

*

23 12

Koast

28 24 22

Duck

Breast

73

24 20

18

Doves

12

Soup

24

20 18

*

Steak

H

28

24 22

Eggd, Hen (fresh)

"

Steak Sirlon Sausages

36 30

35

Fowls, Canton:

per set 15

82 26 30

10

Fowls, Hainan

12

Geese

each 66 50

60

Pigeons, Cazton

60

Hoihow

#1

$1.20 -$1.20

The

24 18 14.

34

20

18

Snipe

7

each 10

10 12

Pheasant

15

10

12

Quail

20 25

22

12

1,

24

18

14

8 6 7

Bet $1.20 $1.00 $1.00

Fruits.

45 lb,

26

Almonds

45

26

24

Apples (California)

45

30

27

Per, set 3

18 15

30

15 19

Lemons, China

18

20

Lemons (American)

金山津康 each

8

Bach

16 10 10

Lichees, Dried

13 10 3

48

80

24

Oranges (Canton)

新會甜橙

26

37

36 25 23

Oranges

#..

28

19

30

40

60

70

* 梨

22

19

21

21

# 生

14

12

2

per set $2

60 70

32

each 11

&

16

12 10

lished as against the small contango Calves' Head & Feet of 5/- at the close of last week. The market remains in a rather sen-Mutton Chop sitive

prices fluctuating condition, very readily under the intuences of the moment. Generally, it might be said that the undertos is fairly steady, There is still

wide span in-between the

ice of Standard and price Electrolytic, which should occasion some improvement in the Standard price, for it seems unlikely that any reduction will be made in the price of Electrolytic.

Lead Easier

ner,

held on March 20 last at the Grosvenor House, Park-lane, London, W.1, stated that the Institution was BRANCHES AND AGENCIES: prospering. The membership was in- JAPAN: Tokyo, Yokohama Kobe, creasing steadily, though not too

Osaka.

rapidly. The Council was determined FORMOSA:-Giran, Kagi, Karenko, that a high standard should be main

Keelung, Makong, Nanto, Shin- tained, and the membership examina- chiku, Taichu, Tainan, Takao, tions were very severe. Tamsui, Toen, Heito, Taito, Reserve Funda Fru.103,000,000.00 CHINA Shanghai, Hankow, Amoy, stitut Proposing the toast of "The In-

: 96, Boulevard Haussman, Faria.

Subscribed Capital Fre. 72,000,000.00 Paid-Up Capital...Fra. 68,400,000.00

BRANCHES:

Bangkok Battambang Hue

Cantho

Canton

Dijbouti

Hong Kong Quintion

Saigon M.ngtze Shanghai Nam Dinh Singapore Neumes Thanhea Fort-Bayard Papeete Tientain Haiphong Peking Hankow Pnom Penh kinh Hanoi Pondicherry Yunnanfu

BANKERS:

Tourane

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

IN LONDON: The National Pro- vincial & Union Bank of England, Ltd. Comptoir National d'Escomple de Paris; Credit Lyonnais,

IN NEW YORK: J. P. Morgan & Co.; French American Banking Cor- poration; Quaranty Trust Co. of New York.

Interest allowed on Current Ac- counts and Fixed Deposits according to arrangements.

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

A. LECOT,

Manager,

Hong Kong, 1st May, 1929.

In

耙 斑斑腩肉垛柳腦開開頭心有脚膮尾肝於脚骨胖手肉勝腦什頭心脾肝骨脾運油脚心肝猪油油肉

禇猪猪猪猪羊羊羊牛乳牛牛 牛羊仔仔

Log

IT

Shoulder Saddle Pig's Chitlings

Brains

W

Feet...

W

}

Fry Head

H

Heart

Kidneya

Liver

#

и

1)

Leg

"

Loin

'Fat or Lard

#

stitution," Lord Chelmsford, Chair- Lead has been quiet and easier, the Foochew, Swatow, Canton.

iman of the Committee of University price showing a decline of about OTHERS-Hong Kong, Singapore, College, Gower-street, London, said 7/6d as compared

Soerabaya, Semarang, Batavia, that students in

with our last re-Park Chop the chemical-en-port. With less enquiry for May, Bombay, Calcutta, London, New gineering department of the College and this position at the same time York, Dairen.

were being offered positions in in- being more freely offered, the ten- dustry even before they had complet dency has been for the backwarda- ed their course. There was undoubt edly a great and growing demand for chemical engineers in all indus tries.

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

The Bank has Correspondente in the Comments Centre in the Emporian Cantibank, Busala, Yan shuria, Tsingtao, Japan, Indo-China, Blam, India,

ato.

|HONG KONG BRANCH:

Manager.

In responding to the toast of Institutions," Professor

tion to contract, in fact at one mo Sheep's Head & Feet.. ment during the week it had disap peared altogether. The mainess may

be ascribed to continued dullness in demand on the part of consumers

སྒོ་སྣ་

Heart

Kidneys

Liver

Veal

+

Mutton

Sausages

No. 1.

Fish,

Philippins Lands, Java, Alta, D.8.4. Australia, "Kindred

and to rather less favourable reports Sucking Pigs, to order Itaract allowed on Darrack Account, and Fynd | J. F. "Thorpe, President of the from the Continent,

as a result of Suat, Beef polis atan which will be quodappa Chemical Society, stated that the which the market has been subject- on. Deposit in at one be noorplad

K. NAGURA, chemical engineer had rendered posed to some selling and Equidation by aible the utilisation, on an industrial tired holders and in face of which scale, of organic reactions, and had buyers have displayed more reserve. thereby encouraged the further ad- The market has, however, recovered vancement of pure science.

a little from the

lowest points touch- ed, prices responding to later indica- tions of a renewal of demand on the part of consumers. The price is rea- Barbel sonably low and with returning con- Bream fidence, values should materially im- prove.

Canton Fresh

3, Des Voeux Road Central, Hong Kong, 19th January, 1929.

THE BANK OF CHINA. 行銀國 中

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

-$60,000,000.00 18,278,600.00 9,229,425.24

HEAD OFFICE: PEKING.

HONG KONG BRANCH:

THE YOKOHAMA SPECIE BANK, America, and other parts of the world.

LIMITED.

Established 1880.

Capital (fully paid-up) Yen 100,000,000 Beserve. fund ....Yen 105,500,000

Head Office:-YOKOHAMA, }

Branches and Agencies' at: Alexandria

Newchwang

Batavia

New York

Tombay

Osaka

Вневое Аутся

Calcutta

Peking Rangoon

Canton

Changchun

Rio de Janeiro Saigon

Dairen (Dalny) San Francisco Fengtien (Mukden) Seattle

Hankow Harbin

Ltd.

dinner, at which Dr. H. Lavinstein, Sir Frederic L. Nathan, Sir William J. Larke, and Mr. J. A. Reavell also spoke, was a very suc cessfal and anjoyable function, and was attended by some 200 members and guests, Engineering."

THE HO HONG BANK, LTD, (Established 1917.)

CAPITAL.

Liabilities

at

8

Spelter has been easier, the prica Water Fish. showing a decline of 5/- for August. Carp while May remains unchanged as Catfish compared with our last report. The market has been subjected to Codfish moderate amount of Belling

and Crabs liquidation and prices might have de Cattle Fish clined further had it rot been for Dab the sapport which was afforded by Dace

dull-

Yellow

influential interests. Demand on the Authorised

$20,000,000 4. Queen's Road Centril

Issued

8,000,000 part of consumers has latterly given Dog Fish Branches sad Sub-branches all over Paid-up

4,000,000 some evidence of Improving, but ra Eels, Conger China and Correspondents in Europe, Reserve

ports from the Continent have been

Fresh Water Shareholders

4,000,000 rather pessimistic in character, the London Bankers: The National Surplus

1,219,000 market there suffering some Provincial and Union Bank of England, HEAD OFFICES SINGAPORE

ness, no doubt being adversely affect Frogs Branches, Agencies and Corresponed by the protracted negotiations in Garoup The Guaranty Treat Company of dents in the principal cities of the respect of Reparations, and sellers in

Gudgeon New York.

consequence have world. New York Bankers: The Irving

Every description of Banking and clination to meet the demand. National Bank.

Exchange business transacted.

TAN ENG HOOL,

Manager. Hong Kong, 16th May, 1929.

The Equitable Trust Company of New York.

Interest allowed on Current Aes counts and Fixed Deposita. Terms on application

Every description of Banking Buat THE BANK OF EAST ASIA, LTD.

ness transacted.

Loans, granted on approved occur

show more in-

Berrings

In the U.S.A a slightly firmer Halibut tendency has developed, and the Labrus price there is inclined to harden.

Loach

THORNYCROFT, LTD.

ALLOCATION OF PAST YEAR'S PROFITS

Lobsters

Mackerel

Monk Fish

Mullet Oysters

ities.

HEAD OFFICE: HONG KONG. Special facilities for Home Ex 10, Des Voeux Road Central, change.

Hong Kong.

The report of the directora of Parrot Fish Authorised Capital SHOU J. CHEN,

$10,000,000 Thomycroft (Singapore), Ltd., for Perch Manager Paid-Up Capital

5,000,000 the year ended January 31. 1929, Reserve

1,500,000 states that after allowing for the Pike BRANCHES AND AGENCIES — fees of directors the available bal-Plaice

directors

should be dealt

Pomfret, Black dividend of 4% per cent on the pre- Prawns ferred ordinary shares, making with Bay the interim dividend already paid,

Batavia Melbourne San Fransisce ance of proft is $108,328, which the Pomfret, White

Hamburg

Semarang

Shanghai

Shimpsoneki

THE BANK OF CANTON, LTD.

Established 1912-

Bombay

Calc, tta Canton

Haiphong Honolulu

Hong Loan Honolula Kai Tuen Karachi

Kobe

London

Los Angeles

Lyone

Manila

Nagasaki

Singapore Soerabaya Sydney Tientsin Tokyo

Trinaufu

Tsingtan

Vladivostok

(Temporarily Nagaya

closed] Interest allowed on Current Ac- counts.

Deposite received for fixed perioda at rates to be obtained on application,

TH. HORLA

MakeManager.

Hong Kong, 11th March, 1929.

Head Office-Hong Kong.

Autamised Capital (ILE. Curranty). ...ELL,000,000 Paid Up Capital 6,661,300 Kobe Beserve Fund

FBANCHES:-

„DOC) Canlans, Shanghai, Haaks Below, Bangkok, Ken Lock and fit frommies,

LONDON BLTERS 204 The Lloyd's Bank Limitada CORRESPONDENTE

In all petnepal, sitles of Ass Worl

Scalponding batons of Safe Deposit Boxes (viriona stana) si u yanaly

LOOK FOONG SHAN,

Chaier Manager. Hong Kong, 19th February, 1927

Nagasaki Seattle New York Semarang Osaka Singapore Paris

Sourabaya Teking Sydney Penang Taipch

Kowloon Rangoon Tientsin London

Saigon, Tokyo. Manila Shanghai wh

Correspondents in all principal cities of the worldAPA

Every description of Banking and Exchange business transacted Loans granted on approved securities..

SAFE DEPOSIT BOXES W let

NUMAN KAN TONG PO, Egg Chief Manager, Hong Kong, 21st March, 1927.

| with as follows mest of a final

Rock Fish

per cent. for the year,

$27,000

Pay- Ronch ment of a dividend of 12

per cent. on the ordinary shares for the year,

Valmon $18,000 payment of staff coramiz. | Shark”. gjen 35,500, to write down

goodwill Skate $15,000, balance to be carried for ward $40,828 The

Shrimps commercial vehtele, marine motor, and motor Snapper boat sales hays continued to show Soles satisfactory results. The plant and Tench machinery have been well maintain- ed, and smple depreciation provided

Tarbot for in the accounts.

Turtles, small, fr. wate

**

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