the
HONG KONG AND SHANGHAI BANKING CORPORATION.
Authorised Capital
Share Punde -
Incued and Pully Priday
Berling,000,000
Silver.......
$50,000,000
130,000,000
Buurtu Lability of Progzistors (0,000,000
HEAD OFFICE: HONG KONG,
JA H. Complos, Esq.
M. T. Jahnan, Esq.
6 Londer Louis, Esq.
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA,
Incorporated by Royal Charter, 1859. HEAD OFFICE: LONDON, Paid-up Capital
Reserve Liability of Proprie-
.£9,000,000 .£4,000,000 |
£3,000,000
Agencies and Branches:
KUALA LUMPUR
Reserve Fund
tors...
ALOR STAR
(Malay Bialas)
KECHING
ANGITNAR
MADRAS
BANDEDE
MANILA
MEDAN
NEW YORK
FERIRA
PENANU
TERHAWAR RANGOON SAIGON
ཅ་
BESARANO SERENDAN
SIRANGHAI
SURIATORE
SOURATAYA
TAIPINO
BOARD OF DIRECTOR
Y. H. Brows, Eax.
Chalman,
W. H. Bell, Kec. Deguty Chairmak.
Hon. Mr. B. D. P. Baělá.
AMOY MANUKOR
TODAY
CALCUTTA
W. L. Pattenden, Esq. T. 2. Pearce, Bad.
1. A. Plus, Bag,
1. P. Warren, Eng. -
Chlox Mausga.
ya.. Mr. A. C. Hrane.
DRANCHED.-
LONDON LYONK
MALACCA MANILA
BATAVIA HOMDAY CALCUTTA
CANTUN
DAWN FORE CENU
COLOMBO
DAIREN (Dalny
South Manchada)
DELL
.. MATAVIA
MOUXDEN
CANTON
NAGARAKI
CIEPOO
NEW YORK
COLOM14
PERING
DAIREN FOCHOW
PENANG
HAITHONG
RAMBURA
HANKOW
HANDIN
HONDREW
IL4ILO
род
JUNDRE
KOUP
KOWLOON
KUALA LUMPUR
HANELON SABUN
SAN FRANCISCO
GILANDBAL
SINGAPORE
SOGRABAYA
SUNDEL PATANI TIENTSIN
FORYO
TIMOTAQ
YOKOHAMA
Current Accounts opened ja Local Currency and Fixed Popause iscecrid for one year, we horter putiods in Local Currency and loa on farma which will be quoted on application. Hong Kong. Bi May, 1996.
HONG KONG SAVINGS BANK.
Tan Dame of the song Bank is condost
by the LONG KONG AND STAMINAT BASKINO COMPURATION, But may be ubturned os saplication.
YOR THE HONG KONG · DANKING CORPORATION,
BILANGHAI
L.-C. HINES,
Chal Manage.
tiong Kong, September, 19:47.
NEDERLANDSCHE HANDEL- MAATSCHAPPIJ, N.V.
«NETHERLANDS TRADING SOOLETY)
DANKERS.
Established £824
Hong Kong Us:-11 Quinn'a Bond Central
Ausbutised Captai .......... Gildes 250,000,000-
Paid Up Capital
Read
Llyod
4)
HAIPHONG
BAMBO
HANKOW
HABHIN
(N. Manchuria
HoNG RoNG
ILOILO
APAR
KARACHI
KLANG
KOBE
KUALA KANGSAD
Pen 17.34.8.)
(FMA)
TAVOY
TIENTSIN TURYO
TRINOTAD
TONOKAH (
YOKOHAMA
ZAMBOANGA
..
(Pippi Istendai
and Genoral Foreign Exchange Banking business transacted.
Current Accounts opened and Fix- ed Deposits received for 1 year or which will ghorter, periods at rates be quoted on application.
A. H. FERGUSON,
Manager. Hong Kong, 8th January, 1929.
THE HO HONG BANK, LTD. (Established 1917.)
CAPITAL,
Authorised
Tasued Paid-up
of
Reserve Liabilitius
Shareholders Surplus
HEAD OFFICES: SINGAPORE. Branches, Agencies and Correspon dents in the principal cities of the world.
THE CHINA MAIL,
COMMERCE
AUSTRALIAN TARIFF
NEW AIDS TO BRITISH MANUFACTURERS
AN-
British motor-manufacturing firms
with received
astisfaction the nouncement that the new Australian Budget had increased the duty on for- eign manufactured chassis by 10 per eent, without altering the preference on British chassis.
This means that while British unassembled chassis will continue to receive free entry under the preferential tariff, foreign ones will pay a general duty of 27 per cent, as against 17 per cent. hitherto, while British assembled chassis will still pay a duty of 5 per cent, and for eign ones 35 per cent, compared with 25.
Australia annually imports chasals to the value of approximately £10,000,000, of which Britain's shar is about 26 per cent., the United States having the premier position. The additional 10 per cent, on foreign makes will, it believed, help, the British manufacturer to gain a greater hold on the Australian market.
Views of the Trade
Mr. B. H. Gladstone, secretary of the British section of the Society of Motor
to British manufaci
AND
FINANCE.
RUBBER PRICES
REVISION OF NAVILLUS' OFE ACHEME
In October and November of last YORT, We published correspondence from Navillus Ofé, of Semarang, re- lating to rubber production and con- sumption and giving his schenie for keeping supplies Jevet with demand and, if not abused, stabilising the price of the commodity at a figure to both producer and consumer, says the "Straits Times."
The Nevillas Ofe scheme has been revised to meet the position with re- striction
removed" and 19 ms fal.
lowa;
1. The **Stevenson restriction
scheme aimed at control of world. production, which was proved to be Impossible.
THURSDAY, OCTOBER 10, 1929.
HONG KONG MARKET PRODUCE.
APPROXIMATE RETAIL
Butcher Meat.
Bullock's Breios ...
Tongue, fresh
Sept. 26, Junk, Juno,
PRICES.
Poultry.
23
80 RO
22 21
Capons, Small Capons,
Largo
Eggs, Hen (cooking),
Egga. Hen (fresh)
Fawls, Canton ....
Fowls, Hainan Geese
Pigeons, Canton
Kolhor Turkeys, Cock Turkeys, Ben
Snipe Pheasant Quail
lb.
J
Sept. 26, June, June,
1929. 1918. 1014. Cts. Ct. Cts.
50 80 81.
40 23
Бо
Meach- 29 21
新鲜奶蛋
18 per doz. 39
38 26
65 83
20 24
46 25 24
45 24 24
each 35 80
1929. 1918, 1914.
Gts. Cla. Cta,
Boaf Sirloin
4. E
lb.
28
24 12
Chicken
*
Prime Cut
30
*8 11
Corned
28 18
-
H
Koast
28 24 22
#
Breast
雎
24
20
18
Duck Doves
"
Soup
24 20
18
Steak
#
28 24 22
"
T
Steak Sirlou
H
16 30. 315
17
Sausages ...
82 20 20
per set. 15
10
12
each 65 60
60
$1.20
60 -$1.20
ib. 24 18 14
34 20 18
exeb 19 10 12
15 10 12
25
20
20
24 18
14
8 6
7
set $1.20 $1.00 $1,00
45 28
45
44
26
24
وا
ה
Tongue, corned
24
i Ilcad
ileart
Hump. Salt
•
Feet
+
Kidneys
Tail
H
Liver
"
Tripe
Calves' Head & Fest Mutton Chop
17
Leg
Shoulder
#
+1
Saddle
The Navilys". Ofe scheme aims at control of surplus only, which is all that is necessary.
3. The following figures are hypo- thetical, but they Illustrate a prín ciple which holds good for any Aguces.
4. It is assumed that a number of producers referred to
the Pig's Chitings Group have combined to operate the Navillas' Ofe scheme.
5. On December 31, 19... Group's estimates for the twelve months are:-
(a) Production by Group, cost up to 7d.... (b) Production by "A", cost
up to 13d.
Manufacturers, stated that the society. $20,000,000 | through its Australian representatives; 8,000,000 | had agitated for the increase for some 4,000,000 time, and the advantage it would afford
cturers would 4,000,000 extremely helpful in gaining a better 2.219.000 grip on the Australian market. The concession was one that would UJI. questionably benefit British industry. For some two or three years British exporters of cars had been advancing their sales in the Australian market. and the new tariff would accelerate that rate of progress. It was too early to any whether the change would enable the British manufacturer tr gain ascendancy over American cars. but # would
certainly give Bri- tish manufacturers & bigger share of (c) Maximum world-produc- the Australian market.
•tion ..... The society appreciated the advantage that the() Minimum world-con-
sumption Commonwealth Budget had placed in
Every description of Banking and Exchange business transacted,
TAN ENG HOOI,
Mánsyor. Hong Kong, 15th May, 1929.
THE BANK OF TAIWAN, LTD.
(TAIWAN GINKO) HEAD OFFICE: Taipeh, Formos Incorporated by bpecial Imperial
Charter, 1899.
31
Brains M
the coming
11
Feet
**
Fry
P
Head
Tons per month average.
Heart
31
7+
Kidneys
6,000
51,000
Liver Pork Chop
..
Leg
Loin
(c) Production required for..
consumption, cost up to 13d..... (d) Production by "B", cast
13.01d. up to
British manufacturers' hands, and they (g) Maximum world-surplus
would do their best to make the fullest use of the opportunity. The leading British exporting Arms' cars were now suitable to Australian con- Australian motorists
Cnual Beak in Formoss. Batik-Noten island Avsenge smodis K. 45,000,000 || ditions, and momma Gulzar 30,400,000-
BRANCHES AND QUENCIEZAS ;
(20,540,047.)
Guilders` si,szú, 300- (48,338, 139.1
-(AMSTERDAM'). Eastern and Don:-MATAVIA. BRANCUES :-Bandpemasin Bandora'); Bombay
Celovitse. Chatibon, Sumbar, Djoki 'jakarta'; Tha lingua'), Juldek, Köle, Kom-Badja, Makanote, kadan, Padang
| JAPAN -payo, Yokohama, kate, Osaka, would have a better opportunity of
YURIOSA 2-diren,
bralow, CGLAKI. 0111E:-Koug
Sostaja
the
Kags, Bawake, Kaslung, realizing the value of British cars,
Taipan, Messrs. Morris Motors, Limited, in a 26200 Aanto, skupolasku,
Tomas Hello, ONA Dochow, statement, to "The Times," considered increase in the Australian tariff a step in the right direction. It show- ed that the Commonwealth Govern- ment was keen on developing inter- Empire trade. The firm had establish
Singap Sear Loudon," New Kork,” Dairea.
LUNDON BANKERSI
Vistaria, Member, Caloti,
'kongan, Peurugi | The London County Wantoninaise and Farr's Bank. Posisnak Bangoon, Botterdam'). Seg), shanghai, Sibol The Bank has Correspondents in all the pined a good contact with the Australian (metre), Bingapore, Sourdain,cipal Commersial Centres throughout the world.
Bowska (Solo)." Tegal, Tarjap and Waltavrodis.'s
*) These ofloss bara sala deposit bazen in lak, Lendas Banken :-Wasjonal Provincial Bank Ltd
Correspondansa nii avar sĉe world
Using business of recy digion ntanored.
FM, BLDERA,
bing Koog. 27th May, 1970.
Hanger.
BANQUE DE L'INDO - CHINE.
HEAD OFFICE:
94, Boulevard Haussman, Paria.
Subscribed. Capital Fra. 72,000,000.00 Paid-Up Capitat...Frs. GB,400,000.00 Rebarve Funds ...Fra.102,000,000.00
Bangkok Battambang Hue
Cantho
Canton
Djibouti
Haiphong
Hankow
BRANCHES:
Hong Kong Quinton
Saigon Shanghai Mangtze
Singapore Thanhea
-
Nam-Dinh Noumea
Fort-Bayard Papecte Tleatsia
Honai
Peking Tourane
Prom-Penh Ninh Pondicherry unsanfu BANKERS:
IN FRANCE: Compor National d'Escompte de Paris; Credit Lyonnais; Banque de Paris et des Pays-Bas;
LONG ŁOẶC TRANCH.
K. MAGURA,
Manager.
4. Do, Vorex Hood Central. Hong Kong, th January, 190),
market, and it anticipated that the al- teration in
in the tariff word assist its sales in some degree... Specimens the arm's new Dominion model, the Isis, had arrived in Australia, and had been exhibited at the Brisbane
THE BANK OF CANTON, LTD. Motor Show. As a result the firm had
Established 1912, Read Ques:-Heng Kong.
Amiksened Vpted (14.K. Currency) in.$11,000,000 Pard Up Capital
1,604,30
BRANCHLER:-
لامية الخيمة
Cautoo,
WALAW Shanyba, Elankow, Bangkok, New York and San Fernausea.
LONDON BANKERO:~
The Lloyd's Bank Limited, Correspondents in all pelacipal cition of the
World
Vorig stebangs and banking busiänen of Ver description "transånted.
Sala Deposit Boxen (various slun) ki a zonely rental of Trem 15 to $36.
LOOK POONG, SHAN,
Chief Manager Hong Kong, 19th February, 1027,
THE BANK OF CHINA. 行銀國中
Credit Industrial of Commercial; 39-(Specially Authorized by Presidential 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
Current Ac-
York.
Interest allowed on counts and Fixed Deposits according
arrangements. Every description of Banking and
Exchange Bueless transacted. Safe Deposit Boxes to let
A. LECOT,
Manager.
Hong Kong, 1st May, 1929.
THE YOKOHAMA SPECIE BANK,
LIMITED.
Established 1880.
Reserve Fund.
Mandate of the Republie of China on the 22nd of November, 1917.)
Authorised Capital Pold-up Capital Reserve Fund
received congratulations by cable on the car's performances, accompanied by a statement that the general opin- ion of it there
that the wag firm had produced something which was going to make headway in the Australian market. The new tarift would help to stimulate its sale.
Sir II. Austin's Views Sir Herbert Austin, head of the fria that bears his name, said he was de- Ughted, like all British molor manu- facturers experting to the Dominion must be, with the change in the tariff, for ho recognized in it a step that would make the British car more popu
It would encourage Har in Australia, leaders of the British automobile In- dustry to put forth still greater efforts In persuading British people at home to buy more and more Aus- tralian products. The Common- wealth's decision was a big step in the development of inter-Empire trade.
The "Sydney Morning Herald" states that importers of Brliish chassis are naturally jubilant at the substantial preference which is to be extended to them according to the announcement $30,000,000,00 | inade by the Federal Treasurer recen- 18.278,600.00 by The effect of raising the duty on 0,020,426.24 real silk goods from 20 per cent. to the British pre- 30 per cent, leaving ference unchanged, is not expected to make rauch difference to Britain. but. the alteration in the duty on arti ficial silk goods to 25 per cent, for British and 85 per cent. for foreign is likely to benefit British trade.
HEAD OFFICE: PEKING.
HONG KONG DRANCE; 4. Queen's Road Central Branches and Sub-branches all over
Fat or Lard
Sheep's Head & Feet.
Hoart
Kidneys
Livor
Sucking Pige, to order
67,000
3,000
"
00,000
Suet. Beef
57,000
*Mutton
Veni
3,000
Sansagen
No. 1
Fish.
6. The above prices are the all-in which has been taken as basis only cost of "rubber landed in London,"
throughout the following.
7. The Group's idea is to stabilime the price at 13d. because:-
Barbel" Bream
4*
BREZSBRAKES+ZRWC=HB+&+38BRIя<K÷¢£83ÐABEKASKR **
ང འམྦཱ སནྟིཾ ཌ ཌ ཎྜ ར ཀྟེ འར ང ར ད ས བའྀ བ ཎྜ བ བ བ ད ཀ ཚོ
牛
成牛牛牛牛牛牛牛牛牛羊羊羊羊猪猪猪猪猪猪猪羊 羊羊 牛乳酵解中
**
25
Almerida
## SKE89 ****#687
獅檢肥司班 問白火火沙山轉點
#
ER
立榮爽
Bཚོན: པོ॰་སྦྱིན། ཚོད
pair
each
و.
8929 18889985211HLI
27
28
75
151
40
10 each 12
10
Partridges
Fruits.
咨
lb.
36
Apples (California)
金山重
25 "
24
30
Bananas (bride's)
燕山香蕉
M
4 5
Per Bet 8
12
Carambola
杩韂
14
12
Ib.
18
15
Coconuts
28 15 18
18 S0
Lemons, China
## lb.
10 25
30
each 15
10
10
Lemons (American)
48 80
18 10 8 24
Licheos, Dried
金山檸檬 each 荔枝干 Ib.
8 8
25 80
84 25 23
Orarges (Canton)
新會甜桃
P
34
Oranges ...
#0
T
40 60
70
Pears (Canton)
b 梨
12
21
91
. Peanuta
A per set 92 60
70
1E 生
12 20
- exch 11 8 7
15 12 10
AL . # *
10
12
#
4
""
8
46 26
13
H. 26 25
25
22
Eumelo, Slam
12
Walnuts
SO 20 18
1
49 26
30 – 29.
26 20
Grapes
92
牛羊仔仔
(a) 18d. will not protect producers Canton Fresh Water **
whose cost is 18d. or higher;
(b) Producers "B" whose 3,000 tona
are not needed will be shut off the market;
Carp
Catist (c) Producers "A" will have to or- Codfish
ganise a second Group if they Crabs .....
wish to raise the price above
13d.
Cuttle Fist
Fish
8. On January 1, world-stocks are Dab estimated to be four month's con- Daco sumption held by:
Dog Fish Eols, Conger
Fresh Water
In store. transit. Total Tons. Tona. Tons. (a) Consumers 57,000 57,000 114,000 (b) Non-con-
sumers....111,000 3,000 114.000 Garoups
Frogs
Yellow
Herringa
(c) Total 108,000 60,000 228,000 | Gudgeon
and 9. The price of rubber, landed in Halibut London is:
(a) Delivery January, buyers.at 10d., Labrus
sellers at 10.128d,
Loach
(b) Delivery February-December, buy-Lobsters ers at 10.5625., sellers at 10.687d. Mackerel (These pricas are London quota- tions of 6-9-29 for delivery Septem-lohk Fish ber October-March).
Mullet 10. Throughout January, the Oysters Group, having sold nothing for deli-Porrot Fish very after January 31 are:- (a) Sellers at 134, for delivery in
Perch
London at the rate of 6,000 tons Pike per month during February on-Plaice
offered for
Pomfret, White
ward (b) Buyers at market price, up to Pomfret, Black
134., of all rubber"
Prawas the same delivery. 11. All purchases would be so ar-Ray ranged as to disguise the fact that Rock Flat the Group were the buyers.
12. It is obvious that:-
Roach
Balmen Shark.
(a) If the Group cannot buy at 13d., there must be other buyers at more and the Group sells above Skate 19d.;
Shrimpa (b) If the Group cannot sell at 13d Snapper there must be other sellers at Sales less and the Group buys below
Tench
18d.
It is therefore, assumed that Turbot
13. During January, the Groap:-Tarties, small, fr. water
(b) sell nothing, and (a) Produce 6,000 tons, but
(e) buy 68,000 tons from..
Tons:
Jb.
ee
尾肚 水 48-498 3 12493ЯRADERADEZEENASSEMO### ASFLEMES CEZIESPODEKJZDUSER (YRIESUPOTDEEHRKU **********8~1288887128*8*****; 3 #
M3
**
左口
魚魚魚魚脚
..
Persimmons, Large Plantain
A là khi cách tậ lb. 15
**+
Vegetables, &c.
Artichokes
Beat, Sprout
11
Long
E
each
lb.
D
Beet Root
Bitter Squash Brinjals, Green
Red ....
Cabbage, China
(Shanghai)
Cane Shoots, bunch .... p
Cauliflower (Large) ..★E each
(Medium) 中國榮花
15
Carrots
Celery, Chinese
Chillies, Dried
***
(Small) .. ·椒國榮花
lb
韓椒:
#.#
Green
Curry Stuff, English.. j
Cucumbers
Garlic
Ginger. Young
Qld
Harseradish, Shanghai
Indian Cora
Water Chestnuts
Mushrooms, Fresh-
竹菜√ 或瓜瓜瓜菜菜笋花花花笋干椒椒料瓜雞 米菜蹄莲 0菜好甜瓜好菜頭菜 截菜
36
12
| ཋ | མཱུ | | ° ཋ }
16
12
召
10 6
"
25
10
8
E+
14
8
2
G
7
10
tr
8
45
I
aaaa☎aalaala.So. 1. § & B 65,8775-8388 » | | | 65---55-
15. 43 16 24
20 40
16
44
42
13 16
J
41 16 27
42 12.
89 16 17
85 28 26
16
27.
51 23 18
20
10
8
16
10 18
13
Red
54
28 30
#
75
32 25
80 40 80
32
38 13
22 18 23
86 18 15
54
32 18
22
24
62 32 21
44
20 20
37
18
36
12
80
14
9
Okroes
34
20
15
Onions. Bombay
洋葱
40
16 9
"
Green
42
20
29
上海感頭
50 36 30
Parsley
榮
60
43 36 46
**
8
00
10
14
NJ
Japanese
日本翼仔
8
F
25
10 14
American
山仔
"
3
30
13 18
35
22 10
Pumpkin Radish
签
44 яб 30
3
10
Shallote
10 10
Spinach
00
32
60
28 85
H
Taros
42 28 28
34
**
18
85
18 12
95 40
30
Lettuce
Mandarin.
Shanghai
Potato, Sweet
Æ
Rhubarb (Fresh)
$247
*
平應頭
Tomatoes
Turnips, Punti (Long)
Vegetable Marrow
Water Creta
Water Lily Root
8
7
*
12
4
.15
*~ | ¦ ¦ ° ° ¦ ¦ | ] } ° ° ° ° ° ° [ [ * ] ! * } { * * * * * * [PURTATUL
8
8
8
6
(maximum 13d.) for de- (a) From 7d., average, during 1-8-22 | (c) Still realise 23d. for their whole two countries during the past few livery in London at the rate of
to 81-10-22, to 14.8d., average, output.
yours. These data confirm an im-. 6.000 tons per month during during 1-11-22 to 81-1-23, Le.. an 21. The 66,000 tons own production pression which has recently been February to December.
immediate rise of 7.38.;
would be sold at öd., only for roads gaining ground in the financial world in London will be
14. During February, the position (b) In 1025, the fear of a shortage of and for experiments to create new out- that during the past four-
years, busi- supplies sent the price up to lote for rubber and only when non in Canada has been advancing 58d.:
satisfactory guarantees were obtain, et a more rapid pace than across the Should this condition con- (c) During the six years of restric-able, that the cheap rubber would not border. 67,000 8,000
tion, 1-11-22 to 81-10-28with leak through to consumers for whom tinue it seems clear that Canada supplies equal to consumption the minimum price is 13d.
should no longer forecast its prob the average price was 206,
22. In case of need, the Group can able economic develpment by looking Total rubber required for February delivery 63,000 things being equal--the same causes regulate the amount of rubber to be hitherto that the
17. On the principle that other always vary their price, in order to at corresponding conditions in the United States and assuming 2.5 shut off the market, for example;
(a) Rubber required for con-
sumption
(b) Rubber purchased by Group
(c)
Against which," February
Arrivals aro:
China and Correspondents in Europe. The present daty is 20 per cent. for America and other parts of the world. British goods and the general tariff
London Bankers:-The National Provincial and Union Bank of Etuears a proforence of 5 per cent, 25 per cert., giving British manufac lund, Ltd.
The Guaranty Trust Company of Manufacturers have been asking for an increase in the proference, and New York.
New York Bankers:-The Irving the additional & per cent. now given to them is regarded as a real gain National, Bank.
The Equitable Trust Company of and one which will increase the sale New York.
of British goods in the Australian Interest allowed on Current Ac-market. The benefit of the increas
ed preference will apply to woven counts and Fixed Deposlis. Termna on
plece-goods only and will not include *pplication. Capital (fully paid-up) Yen 100,000,000 description of Banking Busi-piece-goods which are knitted. It was stated that it is likely to hene. Loans granted on approved secur-at the Manchester trade, for it will Illes.
include, woven plece-goods in which Special facilities for Home Ex- there is a mixture of artificial ailk change.
and cotton
Hurprise was expressed by a lead-
firm of distillers that the Aus Ing
tralian authorities ahould have thought it worth while to raise the duty on ipirits by 28. per gallon.. HONG KONG HEIGHTS The cable they had received, from thair Australian director merely ro- corded the changes, and they were him as to what was to be dena in
waiting further information from (g) February shortage, actual 6,000 Australia, before forming any 15. This February position will be opinion about the probable effect of repeated every month during March to cost, from: the ineroased duty. The increase December, and onward, as long as the (a) 10.8875d,, minimum (see, par. b) amounted only to Sd on a bottle of Group can find sellers of "forward" whisky, and it was no infinitesimal, rubber, at 181 or less. ATURANDAN a fraction of 1d, per glass that they.
1
Yen 103,500,000
ness transacted.
Head: OfcoYOKOHAMA,
Branches and Agencies at:
Newolwang New York Osaka Peking
Rangoon
Alexandria
Batavia
Bombay Buenos-Ayres
Calcatta
Changchan
Dairen (Dalay)
Bió de Janeiro Saigon San Franciaco
· Fangtien (Lukden) Seattle
Hamburg
Hankow Harbin
Hong Kong. Honolulu Kal Yuen
Karacht
Kobe
London
~Los Angeles
·Bingapore Boorabaya
Sydney Tientsin Tokyo
Tainanfa
·Talugiàu „Viadivostok
SHOU J. CHEN,
Manager.
For the information of visitors the following list of some of the
highest points on the Island and Mainland is published;-
Victoria Peak
(d) January production "A"
(par. 5b)
.51,000
12,000
(e) February shortage, arti
ficial (1) Group's stock of January production-held- of) the market in London (par
... 6,000
will produce the same effects, it would
that:- appear (a) An
An actual (not merely anticipat ed) shortage of 12,000 tons (8,000 tons "physical”, and 6,000 tons "paper" rubber), every month frons February to December, may send the price up to 56d., at least, mtid (b) Even if the Group put enough of
their own production market, to bring supplies up to the level of consumption, the priest
оп
...ought not to fall below 20d.
18. The "Group's purchases will
could not tell how the wholesale and the Introduction of restriction on 1IE
16. Recent experience shows that (b) 18d maximum (see par. 106),..
Aand, consequently, the zotall traders in Australle would re- 22 raised the price of rubber-
19. Cancellation of the Group's gard it. If
purchases at:- (B) · Cost, price: 10.0876d. up to 18d
(b) prost 7.9500d, and 7d.
.
state of affairs
south of the boundary
will be re-
(a) If the Group "peg" their price at flected in Canada with a lag of
12d, no rubber coating 124, or few months.
more can
come on except at a loss, and
the market
The Group can go dows to 7d
A
(b)
without loss to themselves. N.B. Paragraphs 20 to 21 are a con- cession to the advocates of rubber roads and merely indicate a posalbill of which the value is questionable
CANADIAN PROSPERITY
Volume of Business
the two countries is an obvious fact, The economie Inter-dependence of and the chart which, has been pre- pared by the organisation named re veals a remarkable coincidence of movement in the graph representing the physical volume of business. Since 1924, however, the intimate re- lationship between rise and fall of business activity in the two countries has disappeared and conditions In Canada reveal an advance proceeding at a pace considerably
Kreater than In the United States.
The post-war prooperity of the The United States has for years United States', has become so well held the most important place in to increase the price by dustry. There was "already a duty plas: RAM
understood" "In other parts of the Canada's external trade, and only in world that the fact that the neigh- one year, 1924, have Ganadian - Im---- bouring country, the Dominion of porta from the U.S. represented less (c) from 17.8875d up to 20. maxi
han 64 per cent. would make the cancellation price: Canada, has enjoyed; equal or groentel: purchases; from
of Canada' er prosperity, the difference of popN"
abrosti Ta lation being borne in mind, in some United States furthermors times obscured. In this correction now Canada's beat customer, have 20. If the Group: (4) Cancel their purchases of, 66,000 it of interest to hold that the ing displaced: Great Britains which
tóna with a pront of Tdy,
Toronto "Financial Post has taken for long held the Best post. steps to secure from Babson's Bastion among those countries
Island.
Feet.
1823
Signal Station
1774
the
Mt. Parker
1784
Mountain Lodge
1725
The Byrle
1725
taken or id. Wer gliss, it might affect British exports..
opportunity
were
Peak, Hotel
1805
Talkoo" Sanatórium
1000
on, foreign, Alas, while British films It is not expected that the increase Australia, he said, they taunily
imported free.
In countries ed duty on beer of 8d. per gallch
Mt Davis
877
Bowen, Road, (Alter
Mamtand
297.
TV Help to Film Industry
Mr. 8. Rowson," of Ideal - Films, Limited described the Increased duty
8121 1971
will affect: British Industry, for Aus. took, from four to eight copies of tralls brews her own supply.
Alm, and duty would be equivas lent to between £300, and 1100 Aim Seeing that the flime bought
mm
by Australia usually cost only a few they could h
of 1dfoot on foreign sinen hundred bounds altogethery the Bri (b) Afford to sell 66,000 tons own pro- tical Organisation very carefully, pre which Cantalan products are Bilppað.
tish prefereice would be a very sub- bat duetion at 64-.- koristanes 16 the meriavaným✨stantial aldyto our, kidustry, feat
pared data comparing the develop Canada in turn has become the best ment of business conditions in the | customer of the United Stat