HONG KONG AND SHANGHAI BANKING CORPORATION,

authorised Capital mom $50,000,000 frued and Fully Palłup - $30,000,000 Bar Funde-

Earling......,000,000

Sliver .........74,000,000

faserra Liability of Propelstore $30,000,000

HEAD OFFICE: HONG KONG.

BOARD OF DIRECTORS:

. B. Brown, Eas.

مسجد العطل

W. 11. I, Baq.

Deputy Chairman.

Mt. l. I. F.

ib.

W. L. Pattenden, Esq.

II. Compton, Esq.

W. T. Juliasco, Paq.

A. Laador Lamia. Eng.

AMOY

BAYOEDE

NATAVIA

WMDAY

T. 2, Paarna, Exq,

J. A. Plummer. Eng.

J. P. Warren, Ext..

Chile Manager.

Tion. Mr. A. C. lines.

BRANCHEN:—

LONDON

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

Incorporated by Royal Charter, 1863. HEAD OFFICE: LONDON, Paid-up Capital

Reserve Fund

Reserve Liability of Proprie-

tors

.£3,000,000 .24,000,000

.£3,000,000

Agencica and Branches:

ALOR STAR

(Malay Natce)

AMRITSARL

BANGKOK

BATAVIA BOMBAY

CALCUTTA

CANTON

«GAWNDURE

CER

COLAMO

DAÏBEN (Pamy

South Manchura] DELA

HAIPHONG

BEAMBO

HANKOW

HARDIN

IN. Hancburla)

HON

KBN

MALACCA

KABACHEL

KLANG

LYONS

CALCUTTA

MANILA

CANTON

QIEFOO

COLONO

DAIRE WOCBOW

HAIPHONG

HAMBURG

HANKOW

YARDIN

JUNOKES

BAHLA

трод

FOFLORE

KORE

KOWLOON

ALA LUMPUR

ACKDEN

NAGARAKE

NEW YORK

PROVING

PENANO

RANGOON

FATOUN

SAN FRANCISCO

BILANGHAI

SINGAPORE

RODRADAYA

SUNDZI PATANI

TIENTSIN

TOKYO

THE NOTAO

YOKOHAMA

Current counts opened in Local Currency

and Piasd Deposita recaleed for a

year or

aborier periods in Lonal Cursady and

on terms which will be quoted on application. Hong Kong, Such der. LVED.

HONG KONG SAVINGS BANK.

Thoals of the above Bank ooaduct by UNG KONG AND SHANGHAI Hules may be HANKIND CUMLURATION.

othered be prNG NAI

Full TIEK BANKING COLPORATION.

A. C. HYNES,

Chia Magar,

Yong Kong ich Hoplomber, 1927.

NEDERLANDSCHE HANDEL- MAATSCHAPPIJ, N.V.

(NETHERLANDS TRADING SOCIETY) BANKERS.

Authored Capiz

بعصبيه

Polarised 191 Hang Kous Oo:~ki Quran's Dood Central ...... Cuidora 140,000,000 (£2,500,000) 0.000.000 (23.000,007.) Gutkara $0,000,00

(A)

red-Up Capital

Horaire Pund

Head OfAMSTERDAM”), Esairen Land Gon:-BALAVIA.. AGENCUES-Bar Flug) obaj,

Cuzoukia, Borbon, Djimbar, Djak jakarra') Is Elagun's, Judánk, habe, kindledja. Makset, Rudan, Padan

Fortinusk, Bangooi, Baarweg 1,

J'

Botlardan

Shanghai, Dota

Coursimin (Duunini), Blagapoes, Bonserte (Solis Tagel, platjap and Wieden.")

'Thess ofhows hara sala deposuit botes to tak London Beuters2-National Provianist land lid.

pervapodad'all over the world.

Banking bumitmen at wysty

description keazamstedt.

f. M. ELUSIO

long hoog. 27th May, 1954

Margt.

BANQUE DE L'INDO - CHINE.

HEAD OFFICE:

96, Boulevard Hayssman, Paria

Bangkok

Subscribed. Capital Fra. 72,000,000.00 Paid-Up Capitalra. 58,400,000.00 Reserve Funda....... Frs,102,000,000.00 BRANCHES:

Hong Kong Quinbon

Saigon Shanghal Bengtze Nam Dinh Singapore Djbouti Neumoa Thanhea Fort-Bayard-Paperte Tientsin-

Battambang Huo

Gasthe

Canion

Haiphong Hankow Hanoi

Peking

Tourane

Puum-Penh Vinh Pondicherry Yunnanfu BANKERS:

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

KTALA LUMPUR

KOCHTING

STAIHAN

MANILA

MEDAS

NEW YORK

PEKING

PEXAMI

PESHAWAR BANGDON

SAIGON

SEMARANG SEREMBAN SHASIAT SINGAPORE SOUBARAVA TAIPINO

(...) FAVOY

TIENTSIX TOKYO

THE CHINA MAIL,

RUBBER MARKET STILL DECLINES

COMMERCE

EFFECT OF NEW YORK STOCK EXCHANGE CRASH

J

U.S. TRADE DOING RADLY

AND

FINANCE.

LOCAL SHARES

Benjamin and Potts'

I.

Weekly Report

Deef Sirloin

Butcher Meat.

Prime Cut Corned

Roast ...

Breast

Soup

4 # lb.

牛牛

SATURDAY, NOVEMBER 2, 1929.

Oct. 21, June, June,

102, 1918. 1314.

1920, 1918, 1974.

Cts. Ct. Ct,

45

40

65 28

82. 21

each 25

per doz. 34

30

HONG KONG

KONG MARKET PRODUCE.

APPROXIMATE RETAIL PRICES.

Det. 24, June, June,

Cts. Ct. Cia.

28 24 12 30 28

Poultry.

Chicken

11

Capons, Small

29

Capons, Large

肥線刀

28

Duck

24

Doves

EF

NIS

24

28

新鲜勒饭

38

"

32

per set 1

each ,05

+ $1.20

24

"

84

each 10

16

28

local

I

Steak

Moasra, Benjamin & Potts, share and general brokers, in their weekly share report dated yesterday state:-

Under the Influence of heavy,

Business during the past week has liquidation the market continues been brisk and there has been an in- to decline and in the absence of crease demand for tho favourite any real support, combined with counters since the satisfactory nego- Elation of the October Battlement on expected heavy shipments last Tuesday last, and rates in several Foreign Exchange and General month. a further fall is anticipat-cases have again shown an improving

KOUE

KUALA KANGSAR

Perah (P.M.B.)

TONGRAU (huketi TRENUTAB YOKOHAMA ZAMIMASOA

ippinn alandaj

Banking business transacted.

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

A. II. FERGUSON,

Manager. Hong Kong, 8th January, 1929.

THE HO HONG BANK, LTD. (Established 1917)

Jasned

Authorised

Faid-up

CAPITAL.

Reserve Liabilitics

Shareholders

Surplus:

cd.

and

tendency. The crash, on the New York Banka Hong Kong and Shahghal

Banks have receded Stock Exchange has had a further which figure sales have taken place. to $1,350 nt demoralising effect and the easier Shares on the London register are tendency in that market is part-wanted at £124_17-.

Marins ly attributed to the heavy fall in

Fire

Insurances. Unions are again caster with sellers some stacks closely connected with

$3724. There are buyers of Can the rubber industry. There have tons at 8695 anti Hong Kong Fires recently been signs that Ameri-at 5915. while Underwriters are on can trade conditions are not too offer at $214, satisfactory and any real setback would be shown in lesser motor car production.

Stabilisation

.$20,000,000 8,000,000

This Rooms

all the more reason 4,000,000 why the rubber Industry should try.

to adopt some means of stabilisation, 4,000,000 and prevent the market being over- 2,210,000 stocked with rubber and consequent HEAD OFFICES: SINGAPORE

fall of price to a point below an Branches, Agencies and Correspon economic level. A great deal of op- denta in the principal cities of the timism has been placed on huge con- world.

Every description of Banking and ption for 1930, but present in-

dications

this not balng point to Exchange business transacted. realised and, should this prove to be

TAN ENG HOOL,

the the case, the industry would and it- Manager. self in a pusition from which t Hong Kong, 15th May, 1929.

time to recover would take a long unless strong and definite action is taken without further delay. The Dutch Scheme

THE BANK OF TAIWAN, LTD.

(TAIWAN GINKO)

HEAD OFFICE:-Talpeh, Formosa.

Incorporated by Special Imperial

Charter, 1899,

Central Bank, in Yormosa. Deak-Noces und Average amount Yen. 42,00,000

BRANCHES ARD AGENCIES JAPAN 1--Zoro, Yakama, Kobe, Chanka FORMURA :—limo. Kagi „Kamoko, Emelung,

Make Nanto, Shicchiku, Taldau, Tainan,

Bourabaya

Calutis,

Kog Sp Bemering. Paže, Sipenbar Loadas, New York, Dairen.

LONDON BANKERS, The London County Westminster and Parr's Bank. The Bank S Crispondanta in at the prin- sipal Commercial Cankee throughout the world.

K. RAQUEL,

Managar

www.c

HONG KONG BRANCH:

18, 19 Yorus” Boad ContenÍ, Hong Kong, Ira January, 1927,

THE BANK OF CANTON, LTD,

boen of the

at

Shipping-Hong Kong, Canton and Macno Steambants were dealt in a the outset at 826%, but close weake with no buyers uver $28. Douglas St mshlus were negotiated at $25. Preferred Indo-Chinas continue in de mand at $43. Union Waterboats are unchanged.

Docks. Wharves and Godowns. Hong Kong and Kowloon Wharves have eased off slightly at $147% buy

GOLD STANDARD

Imminent Signs of Return in Spain

Some disappointment has

Madrid, October 27. caused by tho

An indication of the Imminent postponement Dutch

stabilisation scheme owing to

of the Feseta and producers the comparatively poor representation

the return to the gold standard is seen in an apparently official- of the Dutch planting industry. the meantime efforts will be made to

ly inspired article of the Madrid paper "La Nacion” which is the enlist further support and in some well-informed quarters the feeling is

paper of the ruling military party strong that a basis of co-operation of the country. will eventually be found. If condi- tions are allowed to develop without afy system of control the market is

соп-

This paper declares that the Government has carefully sidered all consequences and is encouraged by the steady pro- gress the Spanish exchange rate has made.

The appointment of Figuras as Governor of the Bank of Spain is interpreted as confirming the rumour of the forthcoming stabilisation

13 Figuras known a prominent advocate of the return to the gold stand- ard Special News Service.

+

D

Steak Sirtou

Sausages

dullock's Brains

Tongue, fresh

Tongue, corned

Hump, Salt

Pig's Chitnags

把 由雅出排柳樂甜甜與心脚脚 脚骨牌手肉群出心肝脾團油脚心 肝油油 排 姒

燒牛牛

#

*

μ

18

22

ཕར མེ འཚོལཌ། གཽ ཥ ཧྰུྃ ཿབིསྨིཾ

36

60

គ គឺ.គឺ ៩ គ |

នឥឥ | | |± | | { |

គឺ៖ គឥន ត ន គ គគឺ៖

-$1.20

Eggs, Hen (cooking)....

Egg. Hon (fresh)

Fowls, Canton

Fowls, Hainan Cease

Pigeons, Canton_

** # *

#### 0

32

24

24

45 24 24

3 cách 50

14

D

7

b. 24

17

B

Set $120 $1.00 $1.00

* * * * * # * 228Ï=&R=RA-328

******** 18***2=-8 | |

| | 1998228% | 818

5218181818

*y

$3

Hond

1

Heart

T

+

Feat

$1

Kidneys

fail

4

It

Liver

14

Tripe

4

Calves' Head & Feet.. Mutton Chop

羊排炸

1b. 42

T+

Leg

12

10

Shoulder

40

17

Saddle

45

L

30

Per set 9

16.

16

28

18

cách là

19

b. 43

54 25

12

84

32

21

#

JVT Bet 90

each 12

15

[7

40

25

80

40

Brains

Feet

#

Fry

*

Head

Heart

Kidneys

Livor

>

Pork Chop

H

Leg

Loin

Fat or Lard

"

Sheep's Head & Foot.

Heart

34

Kidneys

Liver

Sucking Pige, to order

Surt, Boaf

牛羊杼幹

中;羊羊羊猪猪猪猪就甜甜猪猪羊 羊羊牛乳牛牛

30

32

28

*

288888 ||

Mutton

Vent

er

Sausagen

No. 1.

*

Fish.

B

jb.

44

18

PU

38

20

Fish

40

40

38

Barbe! .. Broant

Canton Fresh Water

Carp Catal Codflah

Crabs ....

Cuttle Fist

Dab

Dace Dog Fish Eels, Conger

Fresh Water Yollow

Takao, Tani, Toso, Halo, Talia CHINA-aghai, Hankow, Amor, Foochew, likely to weaken temporarily and

Diwasow, Canton. (OTHERU:-Bang

tempt estate owners to sell part of their crops forward at comparatively low prices and allow manufacturers to cover part of their requirements when prices are extremely low.

Increasing Stocks Advices to hand during

the past few days state that factories are tak ing little or no interest in the marke which would seem to strengthen the above assumption, and with constant. ly increasing stocks thoy no doubt consider that there is no necessity to covur when producers

apparentlyers. seem SA hesitant about protecting be noted in Whampoa Docks which Frega their

Own

Interests. On the an- after

sales at $38 at the outset TOULO nouncement of

of the lukewarm attitude have since advanced to $41. China of

Dutch

meating prices Providenta weakened to $5.35 hut Gudgeon eff, and only small busi- have sines recevered to савод

a buying Horrings mesa was done, while speculative quotation of $5.50. Hengkew Wharves Halibut Canton, Shang, Hankow, welow, shares were also easier, with a fair- at Tls, 190 and Shanghai Docks at Bengkok. Naw York and Bas Pension ly large selling inquiry and buyers Tia. 107 are nominal, while New EnLabrus

LONDON BANKEIS:-

gineerings are the tura lower at Loach Selling Pool

Tls. 72.

Lobsters Lands, Hotels and Buildings-Hong Mackerel Kong and Shanghai Hotels have been

Established 1912.

Head Offices-Hong Kong.

Authorised Capital (DI.K. Currency) ...₤11,000,000 Paid Up Capital

8,664,200 Harve Fund

850,000

BRANCHED:

The Aloys's Bank Limited. Correspondemus in all principal ellim” of iba

World.

Fareign exchange and banking bealnama ĐỘ stay dowcipion Passcted.

Bats Dorosis Baron (various size) să o yaariy rental of from $4 to $40.

"LOOK POONG SHAN,

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

THE BANK OF CHINA.

行跟國中

(Specially Authorised by Presidential Mandate of the Republic of China on the 22nd of November, 1917.)

IN LONDON: The National Pro- vincial & Union Bank of England, Authorised Capital Ltd.; Comptoir National d'Escompte Paid-up Capital

de Paris: Credit Lyonnais.

IN NEW YORK: J. F. Morgan & Co.; French American Banking Cor poration; Guarnaty Trust Co. of New York.

to arrangements,

Interest allows on Current Ac counts and Fixed Posits according Every description of Banking and Exchange Business transacted. Safe Deposit Boxes to lot.

A. LECOT,

Manager. Hong Kong, 1st May, 1929.

THE YOKOHAMA SPECIE BANK, LIMITED.

L

Established 1880, Capital (fully pald-up). Yen 100,000,000 Reserye Fund

....... Yex 108,500,000 Head OneYOKOHAMA,"

Branches and Agencies at: Alexandria 1. Nagoya

Bravia

Bombay

Вирнов Аутов

(Temporarily

(closed).

Calcuíta

Ganton

Changchun

Dairen (Dalny)

Newchwang

New York

Osaka

Feklig

Rangoon

Rio de Janeiro, Saigon San Francisco

Fengtion (Mukden) Seattle

Hamburg

Haukow

Harbin

Log Kong Honolulu

Kai Then

·Karuohi......

Samarang Bhangan!!! Shimorosaki Singapore Воставнук

Bydney

Ipbe

London Los Angeles

aizanta

stak:

Reserva Fund

I

པས

the

gcarce.

The view that the Tutch proposal to establish a Rubber Selllag Pool in stabilise prices cannot be order to offerted voluntarily was expressed by Mr. J. Loudon Shand, the Chairman of the Sengat Rubber Company, at the annual meeting in London.

Mr. H. W. Mullett, writing in the "Financial Timor," declares that sell- ing forward at below an economic figure is the cure of the rubber in dustry. This forward selling places a deadly weapon in the hands of the buyers.

Raw Rubber

He points out the significance of the fact that the Americans. though $60,000,000.00 now able to buy raw rubber freely 18,278,000.00 at near cost of production are still 9,629,425.24 turning out as much reclaimed rubber

ne when prices were high.

HEAD OFFICE: PEKING,

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

The Guaranty Trust Company of New York.

New York Bankers:-The Irving National Bank.

The Equitable Trust Company of New York.

He states it has taken twelve months for the stocks at London and Liverpool to increase by 28,500 tons, wheroas in only five months (ended September) American stocks have de- creased by 29,000 tons.

NAPTHA FINDS

27,000,000 Cubic Feet of Wet Gas Daily

big

A further improvement is to

In good demand and were bid up to Monk Fish $11. Hong Kong Lands have fuc-Mullet tuated between $65 and $87%. Oysters Humphreys Estates were realised at Parrot-Fish- $15 to $15%. Realtys at $0.20 have been neglected.

Parch

Public Utilitisa There have been a Pika atrong and sustained enquiry for Plaice China Lights throughout the week and Pomfret, White they were booked up to $16 for Pomfret, Black cash and corresponding rates forward.

Prewas Hong Kong Electrics have remained steady with sales at $87. Hong Ray Kong Trams have firred up to $19.75. Rock Fish Star Ferries changed hands at the Roach improved quotation of $73, but are almon on offer at the close at $72.

Miscellanedan, Green

Shark Island Cements have steadily risen from Skate $12.30 to $138, with sales at inter-Shrimps mediate rates, and buyers at the lat-

Snapper ter figure at the close. Hong Kong Ropos were put through at $8.80 but

Solus ended a shade easier. Watsons have Torch appreciated to $12%. Lane, Cenw-Turbot fords were again negotiated at $2. Dairy Farms at $22 and Hong Kong Amusements at $29 have lapsed to nominal quotations. Banguote Con- solidateda have had a further rise to $4.65.

Turtles, small, fr. water

40

49

16.

PRAERATI

28

|-*

Holhow

海口鸟

Turkeys, Cock Turkeys, Han

Snipe

Pheasant Quail Partridges

Almonds

32

80

72

20

pniz 200

cách 30

A

Fruits.

* E B.

TE

Apples (California) 金山邻桌 蘇山传袭

Bananas (bride's)

Carambola

#

#

+

金山

គឺឌី | z | |

| |

80

25

24

D

17

18

12

10

25 30

དྷྱ t ཋ ༷ ོ ཋ ཋ | སྲ ། ༷ སྐྱུ་

each 10

12

Coconuta

Lemons, China

Lemons (American)

Lichees, Dried' ...................

each 13

10 mlb.

## + 5.

Oranges (Canton) 新會甜推

Oranges

Pears (Canton) ......

Peanuts

Persimmons, Large ..

Plantain

Pumelo, Siam

Walants

fira pes

Vegetables, &c.

Artichoken

BeaL, Sprout

F

Long

Dect Root

ཊྛ ཤྩ ་ ཝཱ ཏྟཱ ཀླུ « }Tri སྐྱུ .༞ | །

*

18 11

E

13

14 12

*

5

運輕油 each 14

12

$ lb.

18

.

L

梨生沛縣柚子

***

Bitter Squash

Brinjale, Green

Ited

Cabbage, Chinese ...

(Shanghai). BB

Carrots

10

10

30

} | } } བྷཱུ g ། æ | ཐྭ”| ༅ | | ཋབྷཱུ |

12

16

A

ĐH ta cách l #.

lb. 6

12 8

12

FI

8 24

6

K

8

6

8

12

31

42

10

Cane Shoots, bunch..

10

30 *23

F*

Cauliflower (Large) ..

34

大梛榮花 each

11

(Medium) E

1)

44

(Small).. ASI

Ma

鐵肚

20

ib. B 6

15

12

Celery, Chinese

塘奧榮

10

"

20

Chillies, Driod

*#*

10

26

&

th

92

Red

*******

25 10 16

19

52

26

Green

* * *

14

' 12

84

12

28

40

34

22

Curry Stuff, English.... Cucumbers Garlic

#

h. 10

с

TA

6

92

13

Ginger, Young

14

7

"

12

Old

10 10

11

32

forseradish, Shangha! Indian Cora

.10 8

8 45

17

Lettuce

6 1

"

Water Chestnuts AS

8

FK

IB

Mandarin. 桂林馬雞

10

"

12

50 FE

32 14

19

29

8 8

8

#

4 в

上海

N

3 B

#

30

60

40 96

Potato, Sweet

6

66

Japanese.

日本峩仔

20

24

American

金山警仟

$2

Pumpkin

80

22

Radiah

紅鑽

44

Rhubarb (Frenb)

26

10

Shallots

#

26

10

54

10

#

52 26

8

2

84

28. 28

Turnips, Punti (Long)

4

82

18'..

Vegetable Marrow

###

6

32

Water Cress

23

1.05

6

15.

* * **—*** * #AMEZOREDBYARADARE2μ4588*395d 繁 黃海田石白請將島龍芒濟州花班白明琵石馬沙蝦立雄尤左 公班

SALT LOANS

CHINESE SALT LOANS AND REGULAR PAYMENTS

CLEARING ARREARS

ཌ རྨ ༀ རྨ སྐ ༤ སྐ ལྟ སྐ ་ t ་

An important step in the direction

$2

44

42

32

30

18

42

48

** 19*PER&A

|8888***************≈AASAASZANI

| ឌ ឌ ឌ ឌ ត ដ ឌ ន ន ន ទ = ៧ គគគគ ន គ ន ន ន ន ន ន ន ន ន ៣ ឌ ឌ ន ឥន ដ

16

30

Mushrooms, Fresh ... Okroën

Onions, Rombay

Parsley

Green ...

Shangbal

Spinach Tomatoes

Taros ...

Water Lily Root ̧•-•

rehabilitation of a Salt Collectorate tons milled for an average, rocovery which, in the words of the "N.C. Dally of $11.85, against $1,185,124 in July News (British), "secmed but a from 89,103 tons or $13.08 per ton. couple of years ago to have been In August 1928, production smashed beyond redemption."

$083,754, from. 86,788 tons milled or $11.33 per ton.

WAL

For the first eight months of 1929 bullion produced from Ontario gold mines was valued at $22,024,364, an increase of: $778,548 over the porlod of 1928.

Cotton Mills. Ewes have been fuc- tuating a good deal and deals were made at various rates up to Tis. 18.10. Calgary, Alberta.—Another Latest cabled advices from the North strike of natural gas and naphtha indicate an easier market with buyers Interest allowed on Current Ac-has been made in the Turner Valley at Tis. 10% and sellers at T. 17.

In explaining this situation, the Soong statement anys that "the in- counts and Fixed Deposits. Terms on field southwest of here.

stractions of the National Government application.

The Associated Gas and Oil Com- Shanghai Cottons market with buy Every description of Banking Bual-pany's well is the latest producer.

of September 26, 1928, for the alloca ers at, Tls. 10% and the "New" at

tion to anch Salt Revonne District of seks transneted.

Located in the

Tls. 60 without any business result of falliment of China's foreign Acana fixed quota for service of salt loans $21,246,821 produced in the southern part of Loans granted on approved secur- the valley in the same section as the

Ing. The Company has just announcial obligations is seen by ohaarvers have been carried into effect." Ities.

ed the

of the unpaid in Home all. Company's walls, the As- Capital on the New shares, viz., Timant

calling up

Shanghai ju an announco- Special facilities for Home Ex-sociated well came in on September 25 per share, on or before January Minister of Financo of the

The salt duty has for many years by Mr. T. V. Boong, been considered one of Chipa's most- change.

SHOU J. CHEN,

21 with a big flow of wet gas.

Na important sources of regalar govern- A measurement of the flow on the 29, 1929,

tional Government, that pay mental income, and critics of the following day showed a rate of pro- latest cabled quotations received from now being made regularly and that decay of the sat service as a primary Rubbers. The following are the masts on the Chiasse Sult Loans are Chinese situation had fastoned upon duction of 27,000,000 cubic feet of gas daily according to J. E. McLeod, Shanghai: production manager of the Imperial Oil Company, who is also authority for the statement that the gas is

considered to be good for very wet, 'At-it'

rata. of flow the

an extraction of 700 barrels or more of naphtha, daily.

Manager.

THE MERCANTILE BANK OF INDIA, LTD.

OFFICE 1

15, Giacchurch Brest, London, B. G. Authorised Capital .£3,000,000 Subscribed Capital 1,800,000 Paid-up Capital ....... 1,050,000 Reserve Fund And Rest 1,812,047

DANKERS The Bank of England a Midland Bank, 14.

DELFOXES

New York Pesang -Port Louis (Maaritima) Lixa Bharu Itangoon

Batavia

Boen bat Calou

Kandy

Collombo Heals Krald; Bhangħal Daiku......... Kuala Lipis Ulm. Galle Kuala Lumpur

Bingapore

Home Hope Evenian (Falang) Bourskapa -»

Madzia

- HONG KONG, BRANCHLI

-Hvwy deyription of Earling and

· Travéliora, Cheques" isauad. Trusted and Eteentorsh takan dala

CHINA'S CATTLE

Canadian Shorthorns Go To Manchuria

Anglo-Javas Anglo-Dutch- Batu Anams Chomors

arears are being made upt.

Various reforms have been introdue

ed in connection with the sale pay-

point of attack.

ments and local surtaxes have been GOLD PRODUCTION

alther reduced or consolidated fato a

16.5 1130

COTTON RESEARCH

Government's Support for the Association

London, October 4. Government, interest in the British

single tax collected by the Salt In Bullion Figures Show Cotton Industry Research Association

spectorate.

Tls. 8.10 bayara

4.50

0.75

1.40

Consolidateds

3.60

Kroewoeks

2.50

The Finance Ministry's general plan

Repahr

1.45

has been to provide first of all for:

Tanaba Merah

1.15

Tobonge

payment of interest un it falls due.

2,25

Ziangbes

2.70

Raw rubber is quoted at 9% buyers, 94d. zela.

Forward Settlement Daya-Novem- aber 26 and December 23.

Toronto, OntA number of Cana- dian eattle have been purchased |by| K. Taubol of the Agricultural -Ex- Machaaps Eperiment Station maintained by the Bouth Manchurian Raliway for im-. portation into Manchuria under. The abipment of fourteen head leaves, almost impediately. The shorthorns anlagted are, of the milk- ing #train, and have been obtained,

all prominent,braed

RUBBER RETURNS

$22,000,000 Produced

is shown by the practical stepen nounced at the Association's annual meeting at Manchester by the chair- man, Mr. T. Nuttall

In the matter of repayment of prin- Toronto, Ont-A feature of the cipal, priority is given the Anglo- statement, on August production of He stated that owing to the suc French loan as the oldest, and on this. the gold mines of Ontario, issued by cons of the Association's efforts and loan the arrears of principal will have the Ontario Dapartment of Mines, is the need for development the Gov. been paid up by the end of 1931.

ornment would grant apsend for

wo

the advancing output of the Porcu

camp.

Exchange-The TT rate on Lon- don to-day is 1/8% and on Shanghal Birch Crisp Loen

pino camp. The aggregate value of overy pound of income rated by the 78...

It is expected that the amortisation crude bullon produced at $1,788,623 cotton trade above 226,000 until the

income reached $75,000, of the Birch Crisp loan will be brought compares with $1,540,104 in the pres

cotton trade up to date by 1934, payments of ar

A new grant from the is the highest vious month and reara beginning in 1932 and continu month's production this year by the

war memorial fund of £15,000-year- ing Math "theint rate. of

ly for five years would be approved year. A dThe Salt, Gabelle »‹ fa only Last year in August the produe as coming from trade sources, so the partially resconmble for service tion was $1,737,344 from 279,504 cannell, were assured of further In the... Hukuang loan, but sup-tons of ore. The production of al grant of £18,000, which would.. plomantary payments, such as were mest the identical amount of wealth thetr income to about £80,000. made last July, will be made until at: In August, 1929, from 262,509 tom The cornell aüthürised the bullding rears on this have been paid and a of are indicates a higher Average of a portion of the propenid "mxten Antuang-ebuppa, will be mut each grad of ore, of 10.87 per ton against son of the Shitley ngulfate, at Mane

16.21 In August, 1928, car, votre chester Both it aign and Chloris, observe's The Kirkland Lake pamp produs mental cotton dech made all impressed by the

From 89,817, to their

Redford Plantations—22,885 -16. Glenealy, 50,597, 15., Ise**25,000 15♪

Katanal 80,14 B Trolak:=129,000 IKE

Boring

counter, dirt

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