HONG KONG AND SHANGHAI BANKING CORPORATION.
Anikerlină. Capital «mmeren 181,396,000. Lovasd and. Fully Paling — $90,000,000 Haven Funds ;--
Arling 8,000,00%
$14,000,000
Manere Lisblky of Proprietors $30,508,500
HEAD OFFICE: HONGKONG,
BOARD OF DIRECTOR::——
2.
Bow Eng Chalaan.
W. E. Bell. Eng. Deputy Charac.
Han: Me. B. D. F. Balik. A. H. Compton, Eng ML. T. Johnson, Kaq; J: Fendir-Lowli. Eng.
ANGE
BANGKOK
RATAVIA
BOMBAY
W. L. Pilveden, Hos T. B. Pearce, X«q. I. A. Pluginar, Boq-
J. P. Warren, Bag.
Chiil Manager, Hon. Mr. L. Q. Hynat'
JALJUTTA JANTON ONEPOO OQTOMBO
DAIREN
BRANCHES →
LUSDOR
LYONS
MALACOA
MANILA
MOORDEN
NAGASAKI
NEW YORK
PEKINO
-PENANO
SAIGON
FOCCHOW
BANGDOY
HAIPHONG
ПЛИВОВО
BAN FRANCISCO
SHANGHAL
HARDIN
SINGAPORE
HÙNG EW
SOUBA BATA
SUNGE! PATANI
BANKOW
ILOILO
H
JOMORE
-KOJL
KOWLOOS
KUALA LUMPUR
TENTAN
TOKYO
TSINGTAO
TOKOHAMA
Cermat koke opanad in Local Currenas and Exad Deposit ipsivad toe my par
alorie periods in Iscoal Gureaney and Sterling am beema wilɔk will be quoted or application. Hong Kong, 24th May, 1929.
HONG KONG SAVINGS BANK.
The Bealness of the above Bank L. conduct- by the HONGKONG AND HANDĦAL BANKING CORPORATION. Hole may
whelmed on application
FOR THE HONGKONG RANKING CORPORATION,
be
BHANGHAI
A. Ç. HYNES,
Chist Manager.
Ho Rong, 16th Beptember, 1927.
NEDERLANDSCHE HANDEL - MAATSCHAPPIJ, N.V.,
NETHERLANDS TRADING BOVIRTY)
Databbed 1924.
Wong Hong Off-11 Qua's Book Central.
authorised Opital
Pulp Capital
Guilders 166,000,000-
(elatonin. Child and 90,000,000-
[EN,A,807.
Bomer Fund. km $8,003,000-
Head O-(AMSTERDAN). Lantern Ho (Hos:-KATAVEA,
BRANCHES Bandjur main
行銀商工法中
BANQUE FRANCO - CHINOISE pour le
Commerce et l'industrie (Incorporated in France).
Prince's Ballding, Chater Bord,
Hong Kong.
HEAD OFFICE:
14, Rar St. Lazare, Paris.
Capital fully paid up. Frs.50,000,000 Special working capital .Frs.50,000,000 |Reserves
Fre.22,819,000
BRANCHES:
THE CHIN A MAIL,
COMMERCE
AND
FINANCE.
HONG KONG COLONY items in the savings effected under
Public Works Recurrent,
THE FINANCES FOR 1928
The total rovente for the year amounted to $24,968,339 being $4,865,009 more than the estimate and $3,623,865 more than the revenue in
Paris, Lyons, Marseilles, Salgon, Haiphong, Hanoi, Tourans, Quiahon, Hue, Thanh-hoa, Vinh Pnom Penh 1927,
Feking, Shanghai, Tientsin, Horig Compared with that year there were Kong.
increases under all heads except BANKERS:
Licences and Internal Revenue, the FRANCE:-Societo Generale, Banque most notable being an increase of Nationale de. Credit, Banque de $1,392,275 and $1,491,553 respectively Paris et des Pays Ban.
in Miscellaneous Receipts and Lond LONDON-Midland Bank, Ltd. Sales.
Revenue
A
NEW TERRITORIES
FRIDAY, JUNE 21, 1929.
A Curious Result Of Their Prosperity
AN UNTHRIFTY PRACTICE
The report on the New Territories for the year 1923 is as follows:-
in the number of licences, to sall kerosene, a commodity on which there is a heavy duty in China..
General
Frontier. Early in the year the frontier situation eased consider- ably. Chinese triops at Shamchun were relieved in January by local guards, and replaced in September by small regular detachment. Disciplinary action was taken by Building construction-There the in Public
Chinese authorities against striction of building construction to irregularities in Chinese Shataukok, villages was less marked than in and the guards there were reorgan the previous year, although it still ised. Kelations became normal continued the main feature of this about July, and it was possible again Staff
kind of development. Modern to co-operate freely with the neigh- Mr. J. A. Fraser continued in houses costing from $8,000 to bouring local authorities in main- charge throughout the year. Mr $35,000 totalling not less tkantaining peace and order. E. H. Williaris Was A.D.0. on August 30.
appointed $200,000 were erected, as well as Towards the end of the year the
large Chinese houses and at least long-abandoned construction
not
considerable saving Works Extraordinary is hown. Several works contemplated in the estimates were not proceded with dur. ing the year and others were initiated until late in the year. Parti cularly large mums remained unexpend-
in the votes for Port Works. Difference in sterling exchange ac- counted for the saving under the head "Charge on account of Public Debt and the same reason may be ascribed for. part of the savings on Pensions.
The principal heads showing excess were as follows:
Excess NEW YORK: American Exchange. The princical heads showing excess Military Contribution
Kowloon-Canton Railway Irving Trust Co., Banca Commer-over the estimates were as follows: Miscellaneous Services ciale Italiana.
Excess SAN FRANCISCO:-Bank of Italy.
(a) Licences and Internal Every description of Banking and (h) Fees of Court, etc. Exchange Business Transacted. Cer(e) Post Office respondents throughout the world.
(d) Kowloon Canton Rail- L. BERNIS
why..... Manager. (e) Rent of Government
Properties, tte. (f) Interest
Hong Kong, 3rd August, 1928.
Services.
NORTHERN DISTRICT
of a
On the transfer of Mr. G. June good school. More than twenty modern road from Shamchun to Lo Chambers to P.W.D. on 30.628, Mr. houses and shops were projected on Wu, just across the border, was re- F. Brett was appointed junier Land the South side of the main road at sumed, and further improvements Bailif at Ping Shan, and Mr. W. G. Yuen Long, the fore-runners, it is in communications in this neigh- $-27,146
Routley continued to act as L.B. at, to be hoped, of a long-needed extan-bourhood are contemplated. 96,810 217026 Taipe
sion of the market in this direction. Magistracy The number of cases heard by the District Officer sitting as Police Magistrata and as Judge of the Small Debts Court was 434 (Police Court) and 265 (Small Debts).
on Mobor traffic
N.T.
Revenue
Afforestation.(a) Planting of pines was again carried out in co- The Revenue collected in this operation with the inhabitants, on chce is set out under the approchosen areas near main roads, with priate heads in Table C to which only partial success, owing to the should be added the following extreme drought, in which a great amounts collected in the district by
many young trees after taking root roads ether Departments:-
were destroyed by insect pests.
The excess in the Railway Accounts is due to depreciation on rails. An $ 617,790 underpayment to the Imperial Govern
79,665 ment on account of 1027 was settled 161,918 in the year under review and thus brought about the excess shown eider 101,800 Military Contribution.
Several unforeseen items of exper- 84,884 ture including refund of Clina 170,515 THE CHARTERED BANK OF Miscellaneous Receipts 2.284.859 exchanges Fees and the temporary steadily increased, and in the course exchange compensation allowances to of the year passenger services were h) Laird Sales... 1,485,238 Government servants were respondible organized between all main centres, INDIA, AUSTRALIA & CHINA. It should be noted that (g) includes for the excess under Miscellaneous terminating at the frontler, Sheung
a sum of $1,903,359, which was res Incorporated by Royal Chater, 1853. covered from the funds of the Public The Revenue for the year exceeded Shui, (connecting with the railway) Works Loan (1927) on account of ex- the Expenditure by the Kum of and Kowloon by Yuen Long and £3,000,000 penditure on Loan Works during the $3,788,157.
Castle Peak. There is keen com- The following statement shows the £4,000,000 years 1923-1926.
The rest striking feature in the Liabilities and Assets in December 31, petition between the 'bus companies £2,000,000 above table is (h) which affords evid-1928:
and the owners of lorries and, cara ence of the improvement in local con-
for the mixed passenger and goods ditions, an improvement which is also Deposits Not Available $2,048,683.60 traffic, and this coupled with a reflected in the increased, Postal and House Service Account 2,088.27 stricter supervision led to an in- Radio Traffic (e) and Railway Receipta Postal Agencies (d) the latter being mainly due to Coal Account the running of the through service to Canton.
HEAD OFFICE: LONDON, Paid-up Capital Reserve Fund Reserve Liability of Proprie
tora
Agencies and Branches:
KUALA LUMPDA KUCHING
MADRAS
MANILA
ALOB STAR (Matay Fit AMRITSAR
BANGROI
BATAVIA
BOMBAY
CALCUTTA CANTON
DAWNFOBE CKBU COLONDO DAIBEN Daloy,
Bout Mobi)
DELHI
HAIPHONG
"DAMBURO
HANKOW
HARBIN
__(N._Manchurin) TÙNG LONG
HOILO
гон
KARACHI
YLANG
MBDAN
NEW YORK.
PELING PERANO PESHAWAR KARGOON HAIGON
SEVADANG
GREEMBAN
SHANGHAI
BINGAPORE
HOURABAYA
• TAIPING
TAVOI TIENTSIN
.TOKYO
TONGKAH (Bhukw)
YOKOHAMA
THING TAO
ZAKBOANGA
KJALA BASOSAR
KOOL
Park (B.M.B.)
(Philippine danis)
The considerable increase in (a) is largely due to Assessed Taxes, Liquor Duties and revenue from the Opium Monopoly.
the
The only head showing a deficit was Light Dues which fell below amount estimated by $11,449.
Expenditure
The total expenditure brought to ac- count amounted $21,230,242 being $952.803 less than the estimates and $385177 more than the experditure in
1927.
The principal heads showing savings
Foreign Exchange and General were as follows Banking business transacted. -
Savings
Current Accounts opened and Fired Post Office Deposits received for year or short-Imports and Exports Office er perlode at rates which will be quot- Harbour Department
Bardot Bomber,ed on application.
Cefeutta, Olieriban, Deber, Djak- jkers) The lingue"), Jidda, Kobe, Rose-Radja, Masooms, Medan, Padama
Palumbosa Pekalongan Penang. | Pontlens Rangoon, Batlardan.). Spearing, Bhanghai, tbol's
A. K. FERGUSON,
Manager.
Hong Kong, 8th January, 1920.
Samatis) Singapore, THE BANK OF TAIWAN, LTD, Boarmaris (Baloj. Tupak. Zjilaning and. Walsereden.')
These offione hare enda deposit boxsa bu lah.. Land Bankers :-Nailonal Provinsial Baak Tad.
Congepoodental ovat sen warlal
Bankie bucina of SYNT
descrip brached.
P. M. ELBERG,
Manager,
Hong Kong, 27th May, 1929.
BANQUE DE L'INDO.CHINE.
HEAD OFFICE:
96, Boulevard Haussman, Paris.
Subscribed Capital .Frs. 72,000,000,00 Paid-Up Capital, Frs. 68,400,000.00 Reserve Funds......Frs.102,000,000.00 BRANCHES : Bangkok Hong Kong Quinton Battambang Hue Saigon Cantho Mengtze Shanghai Canton Nam-Dinh Singapore Dijbouti Neumea Thazhes Fort-Bayard Papeeta Haiphong
Tiantain
Hankow Prom-Penh Vinh
Hanci
Paking
Pondicherry Yunnanfu BANKERS:
(TAIWAN GINKO)
HEAD OFFICE:-Taipeh, Formosa.
Incorporated by Special Imperial Charter, 1899.
Centres Bark in Formosa. Bank Notes issued
Average amount. Yen, 45,000,000
BRANCHES AND AGENCIES: JAPAN:-Tokyo, Yokohama, Kobe,
Osaka. FORMOSA Giran, Kagi, Karenko, Keelung, Makong Nanto, Shin- chiku, Taichu, Tainan, Takao, Tamani, Toen, Heito, Taito. CHFNA:Shanghai, Hankow, Amoy,
Foochon, Swatow, Canton. OTHERS-Hong Kong, Singapore, Soerabaja, Semarang, Batavia, Bombay, Calcutta, London, Now York, Dairen.
LONDON BANKERS: The London County Westminster and Parr's Bink,
Police Force
Liabilities
Suspense Account Overdraft, Bank Trade Suspense Trade Loan
Ex-
Loan.
change Account
Adjustment
Total Liabilities Balance
Total
Subsidiary Coins Advances
Assets
4,150.04
Crown Rent paid in Land
Office Mining. Licence fees paid
in Treasury Harbour Dues Sal Kung Harbour Dues Sai Kung
(No. 4 Launch) Harbour Dues Deep Bay
(No. 1 Launch) Harbour Dues Tafpo (No.
2 Launch)
3,608.54 crease of 180 traffic offences report- 506,591.85 ed which represents the bulk of the 674,965.25 50 per cent. increase in the numbered
of cases brought in the local police 4,023,05).88
132,923.69 The number of opium cases was reduce from 49 in 1927 to 23 in $7,401,955-12 1928.
8,091,682.87
court
Total
(b) Hill-fires. It is impossible to $2,940.00 estimate the damage from the un- usually large number of hill-fires, 1,125.00 which covered many acres of land 2,271.25 in every part of the District during the annual grave-sacrifices. No 1,534.40 single instance of intentional burn- ing, however, was found. 5,16915
2,279.90
com-
(c) Village forestry lots. In August, a departmental review of the arena leased as forestry lots was begun, and 390 of those were ex- .815,813.70 amined by the end of the year. Liquor and tobacco duties collect Few areas were well covered with
by Imports and Exports Depart-trees. ment are not included.
Communication. - The western Allowing for the transfer of portion of the frontier patrol-path liquor duties to the Imports and was completed, and the rest is in Exports Department and other ab-hand. The small public works vote ormal factors, there was a real (Table E) was devoted almost en- It is noteworthy that there were increase of about $4,000, mainly intirely to improving Locs! $15,493,688.9 81 cases under the Larceny Ordinand sales and trafik fines, in the munications, and in particular a
ance in 1928 against 50 in 1927. revenue from all sources.
| bridge was completed at Tai Tong 3 2,145,163.77. A curious result of the prosperity. The main points of note are a. (Ping Shan district) to plans sup- 57,944.69 of the District is the increase in the decrease in the number of money-plied by the P.W.D.-quite the 1,469.787.88
crimes of violence, shangers licences and an increase 4,785.82 number of
(Continued on Page 8.) origmating in the native's dislike of 3,948,865.98 the incoming setilèr, traceable gen-
erally to prejudice or fear. 363,463.53
The number of small debts cases 150,112.06 Increased very slightly. The local 1,281,141.88 anthrifty practice of investing 1,399,611.56
money in "money loan associations" continues-to-be-a fruitful-source-of 4,697,900.18
litigation, and to prevent such dis- 34.722.86 pates blocking the work of the Court it has been found necessary Total
$15,493,588.99 + Cash on deposit £211,000 Ca. Od.
to restrict the number of cases Cash Tent at Interest $178,000 os, od. which the head of one association as The following table shows the Re- plaintiff may bring at one time. renue and Expenditure during the last five years:
Building Loans Imprest
Crown Agents'
Deposit Account
$ 30,759 Unallocated Stores,
56,869
(P.W.D.)
151,489 Unallocated Stores.
26,012 (Railway)
43,448 Investment Account
74,420 Balance at Bank
66,434 Trade Lean Outstand- 125,473
Ing
101,624 Crown Agents'
127,285
358,648
Prison Department- Medical Department Sanitary Department Education Department Public Works Department Public Works Recurrent... Public Works Extraordinary Charge on account of Public
debt Pensions
The savings in the Harbour Depart- ment are accounted for by lapsing salaries and deferring the purchase of new launches provided in the estim ates, with a consequent saving in fuel, equipment, and stores.
32,696. 94,009
Current Account ...
Besides the cases quoted, there were 49 miscellaneous, and. 49 women and girls" cases, in addź- tion to 23 death enquiries, five of which were formal, at Talpo. These Rgures show an Increase of about
Revenue-1924, $24,208,640; 1926, $23,244,385; 1926, 821131,682 1927 $21,844,536 1928, 824068,899. A considerable reduction is the ex- Expenditure: 1924, $26,726,428; penser of running the Opium Mono-1926, $28,266.617; 1926, 323,524,116; poly was the chief reason for the SRV-1927, $20,645,065; 1928, $21,230,842, ing shown by the Imports and Exports Surplus: 1927, 1499,471; 1923, 25 per cent, on the previous year, Offca
83,738,157.
and do not include land cases, about
Latsing salaries and outstanding_ac- Deficit: 1924, $2,526,788; 1925, which the only feature of remark counts for the carriage of mails, which $5,022,452; 1926, 32,308,134. will of course have to be met in 1929, resulted in the Post Office expenditure. falling below the estimates.
In the Public, Department over-ex-
Public Debt.
+
was the settlement of several dis- putes of long standing. At Ping Shar (excluding police cases) there were 165 cases of all descriptions,
Land Office The number of sales and other transactions affecting land during the year is set out in Table B.
Land transactions and fees.—The number of memorials registered was 2,880 against 2,749, and fees
The Inscribed Stock Loans of 1893 and 1906 amounted to £1,485,728, and penditure on Passages, Rent of Sta-the Sinking Fund stood at £631051 tions and Secret Service was more than being £48,346 more than the amount as against 187 in 1927, the average
at credit of that fund at the end of for the past 5 years being 13. counter-balanced savings Special 1927. Expenditure.
The Public Works Loan (Ordinance The Prison Department showed No. 14 of 1627) amounted to $4,927,000. savings
in practically all sub-heads of The first part of this Loan was issued expenditure, the notable items being locally at par on November 1, 1027 The Bank hu Correspondents in the Commercial Personal Emoluments Centres in the European Contiment, RadQuarters for Warders.
and Rent of and Bonds were alloted to the vains of aberia, Talugio, Japan, Indo-Calma, Ham, India, Philippina Jolando, Fava, Ahim, UBA, ÁstmMEN, Savings in the Medical Department $8,000,000. The second part was issued IN FRANCE: Comptoir National "aseret allows us Current Accounts, and Fixed were mainly due to lapsing salaries event 1, 1928, at a premium of
por czat-Bonds hospital value
to the nominal d'Escompte de Paris: Credit Lyonnals; Deposite star which will be quoted' on splice and smaller purchases
sion Deposits 10 Yen can be accepted.
equipment and stores generally.
of $1927,000
amounted to $20,668. Lapsing salaries and small decreases Sinking Find among otted. The
received as stamp duty, 39,847.70 General Remarks
against $3,617.80 in 1927. The total receipts and payments in men
These figures are interesting as the Treasury books during the year The saving in the Education Depart were $52,430,121 and $51,684,467 rea- reflecting conditions generally în ment is mainly due to lapsing salaries pectively. The figures not accounted the District. A large number of and to Capitation and Building for under revenue and expenditure small mortgages connected with Grants falling below the estimate.
relate to transactions under various Lapsing salaries chiefly accounted beads such as Deposits, Advance, Sub- agriculture were made, redeemed and made agal, while in develop- for the savings in the Puble Works tidiary Coin, Unallocated Stores, etc. Department The votes for Typhoon
Subsidiary Coins in stock on Decemment areas there was little money and Rainstorm damages were notable as follows 17,610 for investiment although the land
Banque de Paris et des Pays-Bas; Credit Industriel et Commercial; So- ciete Generale.
IN LONDON: The National Pro- vincial & Union Bank of England, Ltd.; Comptoir 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.
Interest allowed on Current Ac- counts and Fixed Deposits according to arrangements.
Every description of Banking and Exchange Business, transacted;
Sale Deposit Boxes to lal...
A. LECOT,
Manager,
Hong Kong, 1st May, 1929,
K. NAGURA,
HONG KONG BRANCH:
Manager
8. Dès Vedux-Road Central Hong Kong, 19th January, 1925.
THE BANK OF CHINA. 行銀國中
(Specisily Authorised by Presidential
Mandate of the Republic of China on the 22nd of November, 1917)." Authorised Copital Paid-up Capital Reserve Fund
,$50.000,000,00 18,278,600.00 9,628,425.24
HEAD OFFICE: PRKING.
HONG KONG BRANCH:
4. Queen's Road Central.
in many sub-heads produced the sar- ings shown in the Sanitary Depart
THE HỌ HONG HANK LTD.
(Established 1917) ....
CAPITAL
Authorised Issued Paid-ap Branches and Sub-branches all over Reserve Liabilities THE YOKOHAMA SPECIE BANK, China and Correspondents in Europe Shareholders
LIMITED.
Established 1880,
Capital (fully bald-up) Xin 100,000,000 Reserve fund ... Yen 106.600,000
Head Office:-YOKOHAMA,
Branches and Agencies at: Alexandria
Newchwang New York
Bataria
Bombay
·Buenos Agron Caletta
Cantón
Changchun
Detirən (Taly)
Ossica
Peking Rangoon
Rio de Janeiro Saigon
San Francisco
Fertien (Mukdea) Seattle
Hamburg
*Hakow
Honolulu
Angele
Semarang
of
20 cents.
10 cents
$ cents
Copper
1,884,010 273,419 20,060
market continued to rise.
Conversions.---In 1928, there was]|| a still greater number of conver- sions and re-assessments (118) The nominal amount of coins in cir- against 195) than in the previous mulation was $17,$14,370 and the mar-year, with a built-over area of 4.29 $20,000,000 ket value stood practically at par.
8,000,000
$2,145,164
The local ciritilaton of notes and gairst 2.94 acres. That even this 4,000,000 Specie is Reserve of the three benkele unable to cope with the increased having authorised-issues were na fol- population is shown by the number 4,000,000 on December 31:-
of matched permits issued, 2,219,000 Hong Kong and Shanghai
America, and other parts of the world Surplus a
Loadon Bankers: -The National
HEAD OFFICES: SINGAPORE.
Branches, Agencies and Correspon- dents in the principal cities of the
Provincial and Union Bank of England,
Ltd
The Guaranty
atenty Trust Company of New York.
New York Bankers: The Irving National Bank
The Equitable Trust Company of New York
Interest" allowed on Current Ac pounts and Fixed Deposits," Terms on application
Every description of Janking Bus
pa
ness transacted,
Loans granted on approved secur lities.
Special facilities for Home B change
world
Every description of Banking and Exchange business transactid.
TAN ENG FOOL,
Manager. Hong Kong, 15th May, 1920,
THE BANK OF EAST ASIA LTD,
HEAD OFFICE: HONG KONG. 10, Des Voeur Road Central, Ha meg a Hong Kong.
Authorised Capital
Paid-Up Capital
Banking Corporation Chartered Bank of India,
Australia and China Mercantile Bank of India,
Ltd.
Hong Kong and Shanghai
Banking Corporation Chartered Banfr. of India,
-- Australia and China Mercantile Bank of India,
€10,000,000 Ltd.
6,000,000 1,600,000
BRANCHES AND AGENCIES
Melbourne San Francisco
SHOU J. CHEN,"
Manager
Reserve
Shanghat
THE BANK OF CANTON, LTD.
Batavia
pore
Bombay
Established 1912.
Cal te
Head Office:Hong Kong.
Canton
Hi prom
Paro
Fesing:
Autherland Ospiti (E*K*
Tsingtan
Vladivostok
(Temporarily
Pald› Up Cipkat nem
Načasáki ⠀⠀ Sestilo New York Semirane
Rangoon
Soriaba ya Bydrey
Matsheds. $1,624 was collected Notes in
in matshed permit fees, for 608 Circulation. $45,161,419 sheds, against $1,205.60 for 315 sheds in 1927. The immigration 16,022148 which this represents is partly from Chinese Territory, and partly from 1,782,204
Kowloon, where the development of $61,966,862 || New Kowloon has driven numbers Spede of market gardeners to settle in in Reserve places along the railway and the $54,000,000 Caste Peak-road, Beancurd manu anaye. Facture also continues to increase
5,980,000|| mosty around Yuen Long,
680,000
$40,660,000
...... During the year, a survey of matsheds was carried out in con- function with the police, and a large The rate of exchange for the estim number of unauthorised sheds ates was then at 1s. ild, whereas the registered or demolished. average rate for purpose ut conversion in the Treasury Hooks was 26 03⁄41⁄4d.»
DUTCH MEASURE
APPROVED BY FIRST CHAMBER
Development generally-Develop ment of all kinds took place mainly along the motor roads, and the number of Crown lots leɛed for short periods, rose from 426 to 493, while sales of land (excluding build, singo more remote places droppad to 118 At Ngau Tam rge area of 12 acres was
from
Mel one
the ma
smaller
tounding lots avers
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ILLUSTRATED !!
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