2

HONG KONG AND SHANGHAI BANKING CORPORATION.

Authorised Capal

Issad and Fully Pald-up-

Reserve Funda : —

Stag Bliver

$50,000.000

$20,000,000

... 9.500.000 --------$24,000, 003

Besser Libility of Proprietok ... $30,000,00

READ OFFICE: HONG KONG,

LOARD OF DIRECTORS ; —

N. B. Brown, Eas.

Chairmsc.

W. H. Beti, Esq.

Deputy Chairman.

Maa. Mr. A. ). 9. Beth.

4. 11. Compton,

W. L. Pattonden, Esq.

T. E. Pharon, Eng

J. A Plornmez, Esq.

D. Landar Lewis, Sing

M.. Jahanen, Esq.

ANOT

BANOKOR

BATAVIA

ВОЦНАТ

CALCUTTA

CANTON

CHISFOO

COLOMBO

DAIREN POOCHOW

HAIPHONG

HAMURO

HANKOW

HANHIN

JONGEEW

ILOILO

tronk

JOHORE

KOBE •

KOWLOON

J. P. Warren, Eiq, te

Chist Manager.

Hon. Mr. A, C, HA;

KUALA LUM

BRANOMED-

LONDON

LYONA

MALACCA

MANILA

MOORDEN

NAŬABAKI

-

KAW' TORK

PERING

PESANO

KANGOON

NAILUK

RAN FRANCISCO

SHINUHAT

SINGAPORE.

NOTATAYA

GUNUPI PATAKI TIENTRIN

-

reste

TSINGTAO

УОБОПАМА

Coro Acqua opened in Loos! Curmacy and Pized Deposita incaired for one your shorter posloda in Local Currency and Harling

on temi which will be quoted on application. Hiwan Hong, Silk Hay, 1929.

HONG KONG SAVINGS BANK

The business of the shore Back le cadunt. ed by the HONG KONG AND BEANO WAL BAKKINO CORPORATION. Rules may be obined application.

FOR THE HONG KONG BHANGHAI BANKING CORPORATION,

A. G. HYNEH,

Kong Kang, 18th September, 1927.

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

Incorporated by Royal Charter, 1859. HEAD OFFICE: LONDON. Paid-up Capital

Reserve Fund

Reserve Liability of Proprio-

tors

£3,000,000 .£4,000,000

.....£3,000,000

Agencies and Branches:

ALON STAK

(Malay Stain)

AMRITSAR

BANDBOX

HATAVIA

DOMDAY

JANTON

GAWNPORE

CALCUTTA;

028U

CULOMBO

DAIREN (Dalny

Beuth Manchuria) DELHI

HAIPHONG

EFAUC

HANKOW

HARBIN

(N. Manoburima

HỒNG KÔNG

Lotta

110H

KARACHI

KLAND

KONK

KUALA KANOGAN

THE CHINA MAIL,

COMMERCE

KUALA LUMPUR

KUCHING

EAST INDIES TRADE

MADEAR

MANILA

KEDAN

NEW YORK

PEKING

PENANG

PESHAWAR RANGDON

SAIGON

BEMANANO SEREMBAN HILANGITAL

BIBDAPORE ROURA AYA

TAIPINO

17.M.8.) TAVOY

TIESTAIN

TOKEO

TONGKAH (Phuket)

THINGTAO

YOKOHAMA

ZAMBOANGA

(Philippine Islande)

and

General

Pask (P,J4.8} Foreign Exchange Banking business transacted.

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

A. II. FERGUSON,

Manager, Hong Kong, 8th January, 1929.

BRITISH, LAG BEHIND IN METHOD

THE OLD STORY

British merchants and traders are as keen as those of most other coun tries to seek to extend their connec- tion with customers all over the world, but unfortunately they do not always choose the best methods of securing that class of trade they de sire. It is an old story that 'the_Bri- tish merchant seeks to dispose of the goods he sells without too particular reference

AND

FINANCE.

GOLD MINING

ADDRESS TO BRITISH ---

ASSOCIATION

THE GROUP SYSTEM

wwww..com

An address on "Ground Admin's- tration in the Gold-Mining Industry in the Witwatersrand” was given before the Economie Section of the British Association at ghannesburg by Mr. John Martin, Director of the Central Mining and lovestment Cor- paration and President of the Trans. vaal Chamber of Mines.

in

FRIDAY, OCTOBER 4, 1929,

HONG KONG MARKET

MARKET PRODUCE.

Beef Sirloin .....

APPROXIMATE

Sept. 26, June, June,

RETAIL PRICES.

Poultry.

Capons, Small ........ Capons, Large Duck..

1929, 1918, 1014.

Butcher Meat.

ib.

Ct. Ct. Ct.

23 24 12

Uhicken

80 28 11

28

28 12

24

24 20 18

24 20 18

28 24

18 80 $5

82 20

Prime Cut

at

Corned

Roast

**

Breast

"

Soup

F14

Steak

Steak Siriou Sausages

Bullock's

*

2)

Brains ..... Tongue, frosh Tongue, corned

Head** Heart! Hamp Salt Fect

Ph

Kidneys

Tail

Lavor

Tripe

"

The Witwatersrand field, he said, already produced gold to the value of 21,000,000,000, derived from the treatment of 700,000,000 tons of rock, and the industry represented a vastly important position tha economic structure of South Africa, MP. Martin described how the group system had emerged from unsatisfac- Curves' Head & Feet

of ad- Mutton Chop tory pre-existing conditions ministration, and showed an enormous

Leg expansion and increased efficiency that had been progressively manifest- ed since its inauguration. Allowing for the lower purchasing power of money, the average working costs per ton milled had been reduced by 36 per cent. in the last twenty-five scarsi

****Administrative Control

had the articles that the cus- torper wants, and thus was once more the criticism levelled against him by Major the Hon, L. H. Crippa, chair man, when speaking at the recent annual meeting of the British Cham- ber of Commerce for the Netherlands East Indies, Major Cripps is a partner in the world-known of

Arm Alfred Holt and Co., and a man of vast experience in the sphere of busi- ness which was the subject of his address to a Chamber which has for many years curried on a remarkable publicity work for its members, who .$20,000,000 are so deeply interested in the trade of the Netherland East Indies. The 8,000,000 import trade of those territories, he 4,000,000

gald, showed up the British position in

the worst light, for it was a story 4,000,000

of decreasing trade, which might be altered for the better if the British merchant took greater trouble to study the wants customers,

THE HO HONG BANK, LTD. (Established 1017.)

CAPITAL.

Authorised

Inated Paid-up Rosorve Liabilities of

Shareholdern

Surplus

2219,000 HEAD OFFICES: SINGAPORE Branches, Agencies and Correupon- denta in the principal cities of the

world.

Every description of Banking and Exchange business transacted. Shin Menager,

TAN ENG HUOI,

Manager. Hong Kong, 16th May, 1922.

NEDERLANDSCHE HANDEL - MAATSCHAPPIJ, N.V.

(NETHERLANDS TRADISO HOCIETY)

DANKERS.

Etained

ifong Kong D:-11 Queen's Road Capiral. Authorised Capital Guildare 180,000,000.

(212,533,000.)

Paid Up Capita ........ DUG Her Fund

(D1,600,647,)

(23,4,5)

How ~(AMƐTENDAM”), Eastern Head UM:-IATAVIA. DRANCHES)—Bandjarmasin Handoang') Bombay,

THE BANK OF TAIWAN, LTD.

In

Distinct Markets

Mr. Martin went on to explain the way in which administrative control is effected and exorcised, and said: "The group system depends ultimate- of his prospectively for maintenance upon the support and confidence of the general body of shareholders. Individuals, and com

He spoke of the valuable panies." service the group rendered to indivi- dual companies which would other, wise be unavailable to them except at an excessive or prohibitive cost. and described the work of the tech- rical, financial, secretarial and buy. ing departments of the group.

the Netherlands East Indies there are two distinct markets, one that of the native, and the other that of the Europeans living there. Іл the case of the former it is absolute- ly necessary

out not only to an what the natives, want, but the prico he is prepared to give, and to mako the article required at that price. Any other method is merely a waste of 01 time and money, The other market is almost equally difficult unless the right method is

is pursued. The European customer knows what Sat-Suits Seed Starsga 5,000, he wants, but he is not prepared to

(TAIWAN GINKOJ

HEAD OFFICE:-Taipeh, Formosa, Incorporated by special Imperial

Charter, 1899,

*

Central Bank in Formosa,

DRANULES AED AUENGLIST JAPAN)—1087o, Loxolamna, nobe, Uneka.

study a catalogue to find out how his requirements may be met. Ha wants an oxpart to show him how he can get what he requires, and the

ĮLUNMUSA Inks Aug. BKZVOJO Eng. alakong, banko, ¦ Diuchiku, Tatchu, Tuunau, Inny Is To Limits Embo (CULINA prouaugum, fixusaw, Ay, Foofhow, expert that can do this invariably,

Smu

Datavis,

Lumby Lapuan, Saw 2006. Baran.

LUNDUN BANAANDI

Galbu, Choribon, Djember, Bj.:ugapura, jakseta") be linguo"), Joddab, tőke, Kouwladja, Mahimsar, Medan, Padang Palumbrag Peningan, Peng, Forlisosk Ranges, Rotterdam')

Shanghal, Sifakang).

guboige (make) Bisgapore, Boorabasa, Soerakarta Bolo Tegs, Tajap and Welarreden.")

*) These fose hará sale deposit boxes in lek, London Batora-Nailond Provincial Bank Ltd.

Peerapondanke all over the world

Banking Buinean al erozy desaription tretasied.

F. M. ELBEDO

bong Kong, 27 May, 1929,

*BANQUE DE L'INDO-CHINE.

.. HRÁÐ OFFICE:

96, Boulevard Haussman, Paris.

Subscribed Capital Fri. 72,000,000.0€ Paid-Up Capital. Fr. 68,400,000.00 Reserve Funds ....Frs. 102,000,000.00 BRANCHES: Bangkok Herg Kong Quinbon Battambang Hue Canthu

Mengtzo

Cancel Nam Dinh Djibouti

Neumica

Saigon Shanghal Singapore Thanhea

Fort-Hayard-Papecta Tientsin

Haiphong

Hankow Hanoi

.

Tourane Poking Phom-Penh Vinh Pondicherry Lanenfu BANKERS:

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

Your Day

Caloust

The Loudon County Weanies and Fare's Lank iho bank has Correspondente la all the prin

Cominerad Centres coughout the WHENT.

A. NAGURA,

UNG-KONG BRANOLL:

By The Vox ilond Chaten, Hong Kong, wih January, War,

Established 1912.

Apagar.

Head Vince:—ileng hong-

Authorized suprimi (18,2. Ungruary) ...$11,000,0OU

BRANULES;-

BIS,ADU

Shanghai, Limakow, Designon, New" zoek nud haus Franca

LONDON BANKERS-

gets a more or less valuable order. These

are the points which the Chamber In question has been put- ting before its members. for years past, and the surcess or non-success of a trader is governed servance of these frets.

Value of Markets There is no question of the value of the markets to which reference is made.

by his ob-

Shoulder D

Saddle

Pig's Chitings

Braina

Feet Fry

• Head

Heart

Kidneys

Liver

11

Pork Chop

Lex

Loin

n' Fat or Lard..

Sheep's Head & Feet

Heart

1#

. Kidneys

Liver

羊羊羊羊猪猪猪猪甜甜甜甜甜甜搭羊 羊 牛乳牛牛

per set 15 10

each 65

N ́ZZZZADZERUSAĘRIZE-BEZH<BBRES<IECÉZABOKEKAZBE

#

排後頭

牛羊仔仔

ོན་ཆ ལྟ ཆ ཆ ་ སྐ" ༤་

魚魚——」魚魚魚 魚:沙魚鈎斑魚白甲花魚魚魚魚魚魚蝦公魚鮪魚 ** DE

***GERM36 XIZ¤HITOSEKTERESOAPRIZESTERACCHINE

Mutton

Sausages

No. 1.

Fish.

A Government Commission had as. Sucking Pigs, to order charges against mines by groups for certained that the average buying Suet, Beef Purchases of £10,500,000 was 0.52 per Veal cent, or 1%d, in the £. The present buying costs were even lower. The Government Commission had also found that the total head office and administrative charges, including all technical supervision and directors' Barbel fees, for all the producing companies averaged 6.31. ner ton milled.

The Bream prezent costs were lower. Mr. Martin Canton Fresh Water # quoted cases where bold financial action of the controlling corporations had saved mines from extinction.

Economical Recruiting

The

speaker

Carp Catfish Codfish

discussed the then functioning of the industry in its re-Crabs presentative capacity through the Cattle Fist Chamber of. Mines and its subaidiary Dab

- Dace

Thore are splondid openings including the native

for the merchant who goes about the

corporations and the good refinery; which now handled 54 per Dog Fish

-

45

20

22.

49 18

24

.40

20

16

Doves

Eggs, Hon (cooking)..

-Eggs. Hen (front) ..

Fowls, Canton ...

Fowls, Hainan

Pigeons, Canton

Hothow

Turkeys, Cock Turkeys,

Snipe

Pheasant

Quail

Hen

Sept, 26, June, June,

1920. 1918. 1914.

Cta. Cts. Cla

lb. 50

40

60

J

45

"

# Als each ---

per doz. 33

·新鮮機蛋

#

: #

Ib.

**

*

A

RO ZENER #83198#E

DRE

那肥瓜班新藝白海火火沙山螞

89891

888998521|{}}

each 35

Ib,

27

ES

pair

each

-

21

20

24.

Śគ អគ ឌ ឌឌដ≡ | ផ | |

· ភន នឆឌ |, ន cc || 1 } * {

10 36

Oranges (Canton)

Oranges

#each 12

#

10 18.

金山檸檬 each B 8

* Ib. 25 80

VOTE

Persimmons, Large

Artichok

Beale, Sprout

Long

Beet Root

*

WN.

བྷསྶ་ཨྰཿབྷསྨཱ ༞ ། | { gg ༈སྲ| |

28 18 19 1

42 00 10 10

"

ET

A

P

12

梨生柿油桃子

12 20

12 10

4

11

12

12

Gerso

50 60 60

# $1.20

1b. 24

18

-$1.20

14-

84 20

18

cách 10 10

12

15 10

12

25 20

22

: Partridges

1b.

24 18 14

В

6

7

牛仔頭脚

set $1.20 $1.00 $1,00

排骨

Fruits.

1b.

45

26

45 28

Almonds

*

tib.

44 24

17

Apples (California)

金山萨联

25 24

"

14

80

'27

Bananas (bride's)

燕山香然

5 17

4

Per sat 3

12

Carambola

14

12

1b.

18 16

Coconute

10 10

28

15 18

anch 15

18 20 10

Lemons, China .....................

25 80

10

Lemon (American)

13 10 3

Lichens, Dried

48 80 24

84 25

23

34

40

60 70

Pears (Canton)

21 21

Peanuts

per sot 82

60

70

each 11

8

7

16 12 10

Plantala

46 24

25

Pumolo, Siam

12 選經拙 each (18

6

1b. 25 26

22

Walnuts

30

20 18

合桃b。

15

10

43 26

28

Grapes

35

80 - 20

20

82

28

Vegetables, &c.

each

16. 8

12

19

a

10

Bitter Squash

11

8 24

Brinjale, Green

8

5

42

16

73

. Red

0 6

27.

Cabbage, Chinesa-

10

"

42

9

M

tr

(Shanghai)

25

12

H

17-

-26

Cane' Shoots, bunch

10

"

H

Cauliflower (Large)

**

34 -16 27

大椰菜花 cach

+

5123

16

(Medium) AE

}+

(Small)....

糖椰菜花

滋肚沙

18

H

Carrots

84

8

Celory, Chinese

淡水

糖與榮

10 ᄇ

19

Chilles. Dried

18

辣椒干

35 *25

*

80

紅辣椒

*

20 10

26

野花椒

12 A

12

10

8

*

80 "40 30

Cucumbers

2

M

18

Garlic ...

12

0

88

23

Ginger, Young

14

7

36 18 · 16

Old

15.

10

11

18

54 22 24

Horseradish, Shanghai

30

8"

Indian Corn

8

45

32. 21

Lettuce

44

26

嫩生

10

1

Water Chestnuta

10

2

Mandarin.桂林馬蹄

12

2

В

34

Mushrooms, Fresh ... Okroes.....

鮮炸式

46

12

1

20

15

Onions,-Bombay.....

40

9

洋葱頭 生产

8 +

42. 26

29

Shanghai

上海葱頭

镂 G

30

Parsley ....

豐榮

80

60

46

Potato, Sweet

8

10

14

Japanese

日本絜任

5

25 10

14

#

American

30

18 18

Pumpkin

10

Radish

30

Rhubarb (Fresh)

**

10

.Shallots

10

10

Spinach

*

32" 30

Tomatoes

28

85

Taros...

28

Turnips, Punti (Long)

tr

34 22:18

Vegetable Marrow

36

12

Я

I

Б

15

Fish 10

Fresh Water Yellow

THE BANK OF CANTON, LTD. business in the right way. In this cent. of the whole gold output of the Eals, Conger ................

matter the British Chamber in ques- world. All charges by these under- tion is prepared to help in the mar- takings were borne by Individual keting of British goods in these ter companies, and the cost of all the ritories, and it is in the closest services of the recruiting corpora

Frogs touch in a practical business way tions averaged only 3.3d. per native Garoupa with the markets in that quarter of per shift worked. While not claim-Gudgeon the globe. During the course of the ing that the group system was per Hurrings annual meeting # well deserved Lect от in essential unique, Mr. wattribute was paid to the excellent

Martin showed the extent to which Halibut work of the chairman of the Chani- it had also been successfully applied Labrus ber, but it was suggested by His Ex-

the coal, platinum and other in Loach.. cellency the Netherlands

dustries. The exploitation and deve- Minister. Jonkheer Dr.

Lobsters R. de Marees van lopment of the great copper flelds in Swinderen, that valuable

as is the North Rhodesia was in a large mea- Mackerel work the Chamber is doing, it might sure being carried out under the Monk Fish be considerably enhanced by a little group system of control and adminia-Mallet more publicity. a point that will be tration. That system had been suc Oysters noted by those responsible for the

cessful to a notable degree on the

Parrot Fish conduct of that valuable organisation. Witwatersrand, and was based on

"Journal of Commerce."

"the

correct conception and effective Perch application of sound principles of Pike industrial management and adminis-Plaice tration,"

The Lord's Bank Limited. Correspondants so all principal cities of t

Weld,

Foreign atchange and blog business of stery description transected.

Hale Deposit Ekvxon (various alzon) as a yearly rectal of "from $40.

LOOK POONG SHAN,

Chief Manager. Hong Kong, 19th February, 1927.

THE BANK OF CHINA:"

行銀國中

(Specially Authorised by Presidential. Mandate of the Republic of China.

on the 22nd of November, 1917.)

Authorised Capitai

· IN LONDON: The National Pro- vincial & Union I ank of England, Ltd.; Comptoir National d'Escompte Paid-up Capital de Paris, Credit Lyonnais.

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

Interest allowed en 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.

Reserve Fund

1860,000,000.00.

HEAD OFFICE; PEKING.

Ister

NEW GUINEA GOLD

REPORTED VALUABLE.

DISCOVERY

a

The boom which has occurred on 18,278,800.00 the Sydney Exchange in New Guinea

0,629,425,24

gold companies' shares, was partly influenced by the Russo-Áslatie- group's proposal to form the Elyou Goldfelds into still larger company for the 'exploitation of extensive areas in New Guines, There are op timistic reports of a new property recently tested at Mount Lawson and also on the New Guinea Development Company's property.

HONG KONG BRANCH: 4, Queen's Road, Central. Branches and Sub-branches all over China and Correspondents in Europa, America and other parts of the world. London Bankers: The National Provincial and Union Bank of Eng land, Ltd.

The Guaranty Trust Company of Now, York.

New York Bankers: The Irving National Bank.

The Equitable Trust Company of BANK,New York

THE YOKOHAMA SPECIE

LIMITED.

Established 1880.

Capital (folly pald-up) Yen 100,000,000 Reserve Fund Yen 108,500,000

----

Head Ofee-YOKOHAMA,

Alexandria

Batavia

Branches and Agencies at:

Nowchwang New York Osaka Peking Rangoon

Bombay

Buenos Apres

Calcutta

Canton

Changchun

Dairen (Dalny)

Rio de Janeire Balgon

San Francisco

Fangtion (Mukden) Seattle

"Harbin

Hong Kong

Honolulu Kal Yach Karachl Kabe

London

Los Angeles

Manila

Loron

Nagasaki

Nagoya

Interest

Semarang

Shanghai

"Shimonoseki Singapore

Surabaya Sydney Tientaln

Interest allowed, on Current At- counts and Fixed Deposite. Terms on application.

One report stated that the new aros testéd. In the, Lawson district is much more valuable than the aren in the Tau River previously tested. Tho ore contains esmiridium as well as high gold values. The flats are ideal for dredging, and plenty of water is available.

Every description of Banking Busi- ́ness transacted.

• Loans granted on approved secur- Itles.

Special facilities for Home Ex-millions, change.

Mr. Milor, leader of the explora- tion party, states that the amalgam- ated cases, under correct supervision, should prove one of the greatest gold dredging propositions submitted to Australia. Conservative estimates of the value of the leases is over six

Several thousand New Guinea De- velopment Company's shares have Manager. also changed hands as a result of the report of ■•' rich deposit having been discovered adjoining the Ellyou

SHOU J. CHEN,

THE BANK OF EAST ASIA, LTD. Company's property in Australia

HEAD OFFICE: HONG KONG. 10, Des Voeux Road Central,

Authorised Capital

Hong Kong

A later message, states:-Mr. Leslie Urquhart, representing the Russo-Asiatic and subeldiary or ganisations, has arrived in Australia, $10,000,000 accompanied by Mr. Dickinson and 6,000,000 other exports, including Mr. Mitchell, 1,500,000 director of the Mining Trust, and ___ BRANCHES AND AGENCIES:- Mr. Mitke, engineer to the Mount Batarla. Melbourne San Francisco Isa Company, with a view of examin- Bombay Nagasaki Seattle

Pald-Up Capital Reserve

Calcutta New York Semarang

"Osaka D Canton

Bingapore Bourabaya Haiphong Paris Honolulu Pelping Bydney Koba Penang Taipeh Kowloon Rangoon ......... Tientsin. Léridon Saigon Tokyor, "ty Manila Shanghaland

Correspondent in all principal

datiori; } granted on "ap Tovodi

BAFE DEPOSIT BO

TAN

September 1929)

gold propositions and of assisting in

ing the Mount Tid, ind New Guinén

the development of these undertak- ings.

:

Pomfret, White

Pomfret, Black

Prawns Ray' Rock Fish ...

Ronch...

Salmon Shark

Skate

Shrimps

Snapper

Sules

Tench

Turbat

Turites, mall, fr. water

退

白鸽

將軍

花班

-魚魚魚魚脚

А 10

CO-PARTNERSHIP

PROFIT-SHARING À FRUITFUL SOIL

FI

75

******HBOR.***.*** 5 8 8

199998*8-28898¤¤%¤=@≈≈ = &= 8 8

32

54 32

87

9 9 87 88 89 **88* *8;8 8÷÷⠀⠀⠀--****

105

#

3 lb. 8 a

Red

Green

Curry Stuff, English.... M**‡

Green

Water 'Cross Water Lily Root

was thought out by Mr. J. Spedan Lewis twenty. years ago, and was based on his feeling that the, inves- tors required too large a share of the returns of the company, while the employees had to be content Mr. Forey A. Beat, managing direc- with a small share of the returns. tor of Shoolbred and Co, presiding Mr. E. D. Stafford, chairman of at the annual conference of the In- Staford, Lid, of Brighton, which has dustrial Co-Partnership Association, also adopted, a co-partnershly scheme, which concluded at Oxford, sald: We said that co-partnership and profit- are becoming a very speculative, sharing had no more fruitful soil than public and the Stock Exchange, is in the retail trade, the Mecca of all our hopes.

Asked why customers, changed Industry is the Cinderella of the shape, ho said that a list of reasons Stock Exchange,

and the result is | had recently been made, and: the-list- that we consider business as an ag was headed by the indifference of the gregate of units of capital called assistants.

In my company, where a co-part than as a public ser Shares rather.

nership schome is in existence," you hava encouraged a pecallar do not got this indifference towards type of wizard called the Amancior, customers but a pleasing Interest fa and great industries of the countries shown by the assistant. have become the victims of his ex-

ploitation.

HONG KONG HEIGHTS

My suggestion to you can only be t

that you should be aware of your

opponents namely, the peculiar spirit For the information of visitors of speculation in business. You must the following list of some of the begin to approach this danger of x-highest points on the Island and ploitation in business which is ad

svident to-day, and, fight it tooth Mainland is published

and nail Industry will than return

to Its proper basis, and profit-shar-Victoria Peak 1.

ing will then be nearer, realization. than it has ever been before.

Island.

Signal Station.

Mt. Parker

- Mountain Lodge

The Eyrie... Peak Hotel

Feet

1828

| 1774:

1784

1725

125

1805

Talicoo Sanatorium Mt., Davis

1000

Bowen Road (alterbed

Taimoshan

Mr. Urquhart states that his busi near In Australia is associated with the formation; of ́a; company with?

Sir Algernon Peyton, director of Adolph Zukor (top) President of the John Lewis Partnership, spoke en nominal capital of £5,000,000, of Paramount-Famous Lasky Film Com the co-partnership in operation at which 24,500,000 is sued and £500,000 reserved to exploit gold min pay who will be the directing head of John Lowls and Co. Every member areas of New Guinandover Beginnt.. motion picture corporation of that firm; he said, was 'considor." which will come into being as a resulted as partner, and the small boy and The working capital, a million and of the merger between his company that ant on a van was quite as much Loans, a half, will; be guaranteed by the and Warner Brothers Pictures, Ino

Mining & Trost and Ellyún companies. Harry M-Warner: (below) will be partner as he was ST Completion of the plant at Mount is chairman of the board, in this how our Step In Right

consider our scheme to be the, being expedited and it is hoped toporation which has capitalisation of longest stride yet caken in Britain Kowloon Psak

́l towards co-partnership. The scheme.

| operate it next year,

$188,000,000.

金山霁籽

紅糊犯伏

aal

B

B

10

5

7

5 $

12 嚆

Blanchi Sweat

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