HONG KONG AND SHANGHAI BANKING CORPORATION.
Authorised Capai
............. $50,000,000
Issued and Pully (ald-up $20,000,000 Beserve Funda; —
S.........ĐENI, MA)
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.
Incorporated by Royal Charter, 1853, HEAD OFFICE: LONDON, Paid-up Capital
......£3,000,000 Reserve Fund ..... ......£4,000,000 Reserve Liability of Propria-
Sherilag
7
Resorts Lability of Pynpelsters
{IZAD OPRICE: HOM KONO
...
$90,000,000
Core
ALOB BTAN
(Malay Hale)
AMRITSAR
BOARD OF MRECTORS !--- W. It. B, Kaq, Eburman.
J. A. Plummar, Beg Deputy Chaletion.
B. D. J. Balið, Faq.
4. Il. Compton, Exp
B. Landes Lewis, Esq.
G., B. Machio. 4-
£3
W. L. Pallandon, Eng.
T. E. Peerce, Esq.
T. 16. 26, show, Baj.
J. F. Wartan. Esq. Manager.
Hoa, M. A. C. Ryan.
SHA NCHEM
LONDON
LYORS
MALACCA
MANILA
ΑΜΟΥ
BANGKOK
BATAVIA
BOMBAY
CALCUTTA
CANTON
SE
NAGASAKI
NEW YORK
CHEFOO
COLUMBU
DAIREX
FOXHOW
SOURDES
PRIPING
PENAMO
HANGOON
SAIGON
SHANORA
KINGAPORE
.....£3,000,000
Agencies and Branches:
DANOOK
HATAVIA BOMBAY
CALOUTTA
MIANTON CAWSPORE CERD
COLOMRO
DAILES (Painy
Housh Man]
DELAI
HAIPHONG
HAMBURG
RANKOW
HARDES
(N) Manchuri
HONG SONG
ICILO
KANACHEL
KLANG
KUALA LUMPUR
KUCHING
MADDAS
STANILA
NEDAN
NEW YORK
PEKING
PENANO PESHAWAR KANGOOS
SAIGON
KENA HANO
SEREMBAN
SHANGHAI
SINGAPORE
HOURABAYA
TAIPINI (P.M.5.)
TAVOT
TIENTHIN
TOKYO
TSINGTAO
THE CHINA MAIL.
COMMERCE
AND
-FINANCE.
transmission stations,
and THE FUTURE USES
OF ELECTRICITY
THE BASIS OF A HIGHER CIVILISATION
BRITISH FORECAST
thus
HONG
MONDAY, FEBRUARY 3, 1930.
KONG MARKET PRODUCE.
APPROXIMATE RETAIL PRICES.
Butcher Meat.
render unnecessary the construction Beef Sirloin of new power stations.
"The railways will incur alone expenditure on distribution and they will be able to obtain their electricity at a very low price. The capital cost of electrification would boar, on conversion of the line, the provision of electric The future of electricity, in Bri- | locomotives and motor coaches and tain is discussed in a review of the the supply of distribution cables industry issued by the British with a number of sub-atations. The Electrical and Allled Manufactur agrument against conversion based jers' Association. The report fore-on capital expenditure will be con- shadows "the entire national siderably weakened by the nationa! Foreign Exchange, and Banking business transacted.
economic and social organisation scheme itself, while the possibility Current Accounts opened and Fix-living and moving as part of a of obtaining electricity at .4d. or ed Deposits received for 1 year or new and higher civilisation brought 5d per unit is such as to bring to
which will shorter periods at rates
into being by electricity." The re- British railway companies all the be quoted on application.
port urges the wider electrification advantages of cheap power which of the railways, and states that there is no reason why main-line electrification should not be under taken.
KTALA KANUBAN
(38)
TONORAH (Buket)
YOKOHAMA
ZAMBOANGA
(hilippe lande)
Goneral
HAIPHONG
KANDURG
HANEW
SAN FRANCISCO
HARDEN
HONOKEW
ILOILO
DURANAYA
POU
JOHDKE
SUNOEL PATASI PIENTKIN
A. H. FERGUSON,
Manager. Hong Kong, 8th January, 1929.
BOBE
KOWLOON
KUALA LUMPUR
Current Accostita
Fukik
TALI
ADEGUAMA
opened look Curranoy and Fized Deposits coved for co Jar of sar periodes en Curranty and Brulleg an karai which will be quoted on application. kung kung, and February, brat,
THE HO HONG BANK, LTD. (Established 1912)
Authorised
Instted
Paid-ur
CAPITAL
Reserv Liabilities
Shareholders
HONG KONG SAVINGS BANK. Surplus
The Bues of the abore en la ponduct.
by the HONG KONG, AND SHANOHAI
DAVÉLNO CORPORATIOS. ties may be obtained on application.
VB THE HONG KONG BANKING CORPORATION.
★ GILANIFITAX
10. SYNEA.
About Shanagar,
Goo Lang. th September, it
NEDERLANDSCHE HANDEL. MAATSCHAPPIJ, N.V. (NETHERLANDS TRADING SOCIETY)
1,500, E
10
Prime Cut
12
Corned
Roast
Brezst
"
Soup
Steak
Steak Sirlon
Sausages ....
Bullock's Brains
++
19
Tongue, fresh .. Tongue, corned Head
Heart
14
Kump, Salt
Feat
77
Kidneys
Tail
得
Liver
Tripe
15
Leg
Shoulder Saddle
Swiss, German, and French rail- | Calves' Head & Feet ways enjoy at the present time. Button Chop
"The ideal in this country would. be for the very large towns, like Birmingham, Manchester, Sheffield, Leeds, and Glasgow, to electrify Pig's Chitings their suburban systems, and link up such systems by intermediate main- line sections.
IF
Brains
14
Feet
I
Fry
Head
The stufy discusses in detail the economic position and future pro spects of electrical developments, shows the success of a policy of $20,000,000 rationalisation and co-operation, and 8,000,000 generally outlines the growth of an
Industrial Demand 4,000,000
industry which to-day gives direct "The Industrial demand both 4,000,000 employment in this country to for electricity and electrical 2,210.000 nearly
aquarter of B million equipment has been sub-normal
eight
but years.
the Branches, Agencies and Correspon-people. Their work will, according for dents in the principal cities of the to the repart, change the world in progress of amalgamations, es
the near future, and the results of pecially in iron and atcel, two years' patient statistical re- would indicate that this period) search are adduced in support of of comparative inertia is past. Sheep's Head & Feet the assertion.
and that, granted sufficient en- couragement, the leading Bri- tish industries have now before i them
HEAD OFFICES: SINGAPORE,
world.
Every description of Banking and Exchange business transacted."
TAN ENG HOOL,
Manager. Hong Kong, 16th May, 1929."
THE BANK OF TAIWAN, LTD.
(TAIWAN GINKO)
HEAD OFFICE:-Taipeh, Formosa Incorporated by Special Imperial
Charter, 1899.
JA NEBЛS.
Patablished 1894.
Hong Kong Gilan:-1) Quena's Road Central,
Central Bank in Formos. Black-Hater issued ATRAE Saunen. 45,000,000 Authored Capital Shulkers 150,000,000-
BRANCHES AND AGENCIES: Rudd-Tip Ongital
JAPAN :—Tokyo, Yokohama, Kóbo. Vsaka. ...Out 80,000,000. 141,600,587.)
FURMUSA-Ciran, Kag Каевско ................Quilla 40,000,000 MANETA Fund
(ACS, WAN, HABEN ) Hand O-(AMSTERDAM"). Extra Band (50:-BATAVIA. NCE 2-Bandlemasi andeng') Bombay,
Calcutta, Cserbett, 27jumibor, Dyck- jalaria) The lague'), Jeddah, isbe, Kota Badia, Makassar, Medan, Endang Palembang. F'ekmoogid, Pruszy. Pontianak, Bangoon. Hoiterdam Becasan), hengkal, Bibolga (bw), Bingapore, Bombca Sosenkara (Boton Tegal, Tylsij and Waliovindată.
These offices have safe dapotis been so let. Léon Backen-Nations) Provincial Bank Ltd.
Eberspondants all over the world
Banking bunnma of spary
ription ABANGMŰ,
P. M. CLBENO
Bing Frog Tik May, 172,
Mang
BANQUE DE L'INDO - CHINE,
HEAD OFFICE:
Wo, Boulevard Haussman, Paris.
Subscribed Capital Fra. 72,000,000.00 Paid-Up Capital...Fre. 68,400,000,00 Reserve Funds ....Frs.102,000,000,00
BRANCHES: Bangkok Hong Kong Quinkon Battambang Bua Saigon
Mengtze Shanghai Canton Nam-Dinh Singapore Djibout!
Neumes Thanhaa Fort-Bayard Papeete Tientsin Haiphong Peking Touranc
Panme-Penh Vinh
Hankow
Babol
Pondicherry Yunnanfu BANKERS:
IN FRANCE; Comptoir National
d'Escompte de Paris; Credit Lyonnais; Banque de Paris et des Pays-Bas; Gredit Industriel et Commercial; Bo- ciete Generale.
IN LONDON: The National Pro vincial Union Bank of England, Ltd: Comptoir National d'Escompte do Parla; Credit Lyonnais.
IN NEW YORK: J. F. Morgan & Co.; French American Banking Cor- poration; Guaranty Trust Co. of New York.
Interest allowej an. Current Ac- counts and Fixed salts according to arrangements.
Every description of Banking and Exchange Business transacted.
Safe Deposit Boxos to lot.
A. LECOT,
Manager.
Hong Kong, 1st May. 1929.
Katung
"One can," it states, "see in the future an entire national economie and social organisation based on electrical power:
Large central stations interconnected by overhead main transmission lines will bring rivers of energy from the reservoir to another. Electricity will be produced In enormous volume.
опе
The great power-consum ing industries will feed their sur plus into the national system, and Halong. Nusto, Salachiku, Talabu, Talman, tap it in turn at certain periods Fow, when manufacturing activity causes Hinge
an Hoursbeya,
excess demand for motive Datavia. Aug.
Botabay, Calcutta,
power. Londen, New York, Dairy
USDON BANKERS The London County Westminster and Parr's Bank.
Takso," "Tambul, Toen, Hallo. Taiso. CUINA haneda, Henkow. Anuj,
walow, Canton,
OTHERS—Dong Kong.
Prosperity for Country Towns "The great industrial centres will
The Bank Correspondente in all the pin-maintain in constant production an rips: Commercial Causes throughout the world.
K. NAGURA
HONG KONG BRANCH:
Voeux Road Central. Hang Book, 19th January, 1829.
Xansfor
intricate and highly elaborate world of factories and work-shops, while
small tradesmen and rural artific ers would again be active in pro- ducing commodities of valuc and
THE BANK OF CANTON, LTD. beauty sufficient to bring prosper-
Established 1912.
Head Office:-Hong Kong.
Autburard Capital (E.A Carnagy,
AR
牛牛
# 22126522KESOFRERELS=2÷RABITS<BECAUSRAKAS8ƒ±2
牛
#
Eggs, Hen (cooking)..
Jan. 23, June, June,
1030. 1918. 1916
Dia. Cts. Cia
42 30 31
JD.
IN
5.4 28 30
迎
60 28 80 +3
40 22 21
22 th cách 45
נן
94 95 20
** 10 ib. 82 30 24
36 48
24
10
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21
H per doz. 34
18
Eggs, Hen (frozh)
新鮮蛋
Fowls, Canton ....
Fowls, Hainan
窿南酣
카
Geese
**
36 24 24
1#
Pigeons, Canton
A
Hofhow
海口
30
28
11
Turkeys, Cock
Ib. 75
it
60 .61
25
+
Jan. 23, June, June,
1930. 1018, 1914.
Cta. Ct. Cts.
Poultry.
B.
28 21
Chicken
So 23
11
*
Capons, Small
29
12
Capone, Largė
28
24
Duck
24
20
Doves
**
24
20
28
24
1
+
86 20
..
32
28
per set 15
10
ench 65
50
60
---$1.20
ib.
18
20
**
esch. 10
10
10
20
+
Ib.
18
6
set $1.20 $1.00 $1,00
b.
20
28
Almanda
24
H
Apples (Californ(k)
"
$1.20
w
I & AMA 28°¦8887************=*=ONARAS*
60
28 зwwer #84#2882
14
Turkoys, Hom
Snipe Pheasant
Quali Partridges
Fruits.
#
金山陣职
11886B86-318182.ETTEN 118-2NGEZKE! 8 M8 R8ZDN
Bananas (bride's)
each 50 80
pair 1.70
ench 25
90
2222222 | 1
I 1 1 1 98181912 19
+ lb. 00
22
24
MUGE
5
19
4
Per sot 8
Carambola .......
+35 姚
10
lb.
15
Coconuts
each 13
10
15
|4
Lemons, China
#
lb.
10
80
18 20
11
Heart
each 16 10
Lemons (American)
ut each '13
8
1
Kidneys
10
Lichees, Dried
PL
*** D.
66
30
10
Liver
13.
30
Cranges (Canton)
新會甜機
14
Pork Chop
猪排
25
17.
Oranges
Leg
链
18
16
+
Loin
猪後
Pears (Canton)
梨
20
21
Peanut
RE
生
13
11
10
Ter set 90
60
Persimmons, Large
AL
#
12
H
ench 12 8
Plantain
12
✰* #
5
"
+
26
Puniolo, Siam
邋業袖 each 14
12
ib.
25
Walnuts
* 16.
18
20
Arapes
26
嘗捻子
45
20
32
Vegetables, &c.
19
17
Fat or Lard
Heart
Kidneys Liver
a period of reorganisation Sucking Pigs, to order which will be accompanied by a rapid upward swing in the power consumption curve.
"This should allow the electrical manufacturers to operate at a much more satisfactory load factor and to reduce their costs to a point where electrification will be
ac-Barbel celerated. There is in reality no
Bream
Suot, Boat
Mutton
13
Veal
Sausages
No. 1.
10
Fish.
蛇
B
Fish
醒
Carp Catest
牛羊仔仔
limit to potentialities. There is, no Canton Fresh Water URA reason why the output of electricity in this country in the future should not exceed 50,000,000,000 units, instead of the 28.080,000,000 units Codfish already fixed
A preliminary Crabs saturation point."
Cuttle Fist
Dob SHANTUNG FINANCE Daco
28
Deficit of $3,000,000 Revealed
Fresh Water
Dog Fish
Eels, Conger .....
Yellow
to
Frogs Garoups Gudgeon Herrings
ity back again to country town. ships, rural districts and isolated
The annual financial statement of market towns. Suburban electrifi- Shantung Province during the year cation would improve the trans 1930 shows a deficit of $3,000,000. port facilitles in the densely The total receipts amount populated areas, while the electrifi$2,500,000, showing an increase of Halibut Swalow,cation of the main lines would taxes on fields of $2,000,000 and on Labrus Back, New York sind as Franse accelerate the transport of indus- motor cars, $1,200,000, but a de- Loach
Paid Up Capita!...
Hour and .....
DRANCHES :-
Canton. Saughat Banton.
LONDON BANKERS-
The Linga's Bank Limited.
CORRESPONDENTS
to a principal crsion of the World.
11,000,000
8,864.2000
880.000
Yoroigu exchangy and beak'ex business of ery vection transacted.
Sals Dagbolt. Bezas (vannna Inst) at a yearly read items 80 to $49.
trial products and allow the manu-crease of merchandise taxes on the Lobsters facturer to carry out that ideal of Chiaochow-Tsinan Line of $1,000,- Mackerel Iservice to the consumer which has 000.
always formed a part of the Amer-
ican gospel of prosperity. LOOK PUONG SHAN,
Chief Manager, household, as a result of improved Hong Kong, 19th Februses, 1927.
would economic conditions, changed and beautified through the use of electricity.
THE BANK OF CHINA, 行銀國肉
Specially Authorised by Presidential Mandate of the Republic of China on the 22nd of November, 1917.)
Authorised Capital Paid-up Capital Reserve Fund
Monk Fish
The total payments amount to Muhet The $29,000,000, including increase of Oysters
$1,600,000 for river police, $1,700,- Porrot Flah be000 for reconstruction, $360,000 for Perch
Taing-tao University, and $5.000,- Pike 000 for sundry expenditures--Can- ton News Agency.
"One can see the entire national economic and social organisation
living and moving as part of a new and higher civilisation brought into being by electricity, and the possi bilities of realising such ....$60,000,000.00 summation gives a purpose and an 18,278,600.00 energy to the power industries such 9,629,425.24 as no other industry or group of
HEAD OFFICE: PEKING.
HONG KONG BRANCH:
4, Queen's Road Central.
£2 con-
CANADIAN WHEAT POOL
Plaice
Pomfret, White
Pomfret, Black
Prawna Ray Rock Figh Of the 540,672,000 bushels of
Roach wheat grown in Canada in 1928
falmon Canadian the
Wheat Pooi
ItShark
handled 253,102,585 bushels. also handled 35,964,057 bushels Skate
The grains.
course
gro38
Shrimps
Soles Tench
Industries has had in the post." of
The report strongly urges wider monetary turnover of the Pool Snapper "There for the crop year electrification of railways.
ended August is," it declares, "no reason why 31, 1929, was $288,097,071.09, a re- Turbot
The main
Branches and Sub-branches all over main-line electrification should not duction from the previous year of Tarties, small, fr. water China and Correspondents in Europe, be undertaken,
argu- $36,000,000, largely accounted for by the carry-over of wheat, which on August 31 last amounted to. 48,358,585 bushels.
America and other parts of the worldment against it hitherto has been
London Bankers:→→The National Provincial and Union Bank of Eng. that the cost of electricity and the capital expenditure required per land, Ltd.
The Guaranty Trust Company of mile of track would be so high that Now York.
conversion from ateam drive would New York Bankera: The Irving not be justified. National Bank.
tion
白鸽
頂魚- 魚魚魚 魚 鳘魚鰌斑魚白甲花蝦魚魚婭魚花魚點蝦公魚鮪魚
尾肚 *
***
XOXYESEE CIEZBATERESESHORTSTAR ́ERHERE
MA
公班
DE
魚魚魚魚牌
口雞
SNOWDEN'S BUDGET
"NO RAIDS ON CAPITAL"
14
זו
** ************8=ARHA*8*98*89~=898**~-~~≈*92;
60
16
24
20
16
Artichokes
Bean Sprout
Beet Root
Brinjals, Green
Red
*
W
竹菜争頭瓜瓜瓜菜菜笋花非花笋來千椒椒料瓜城米,米菜野際 菜薯仔仔 菜菜
16
each 10
a
P
+
19
14
115...85. ̄ ̄ ̄ ̄ ̄ ⠀ . . ̃¦¤õõ« «è «ölaö
24
5
12
11 RONNO - - | | |*****
10
8
45
1
? | | | | | | | | | | | ***
Long
Bitter Squash
16
16
27
Cabbage, Chinese
F
9
(Shanghai) 35
16
17
"
Cane Shoots, banch..
33
28
"
Cauliflower (Large) .. 大椰菜花
each 18
16 27
(Medium) 中椰菜花
*#
44 · 23 10
17
(Small) ..
ÆÆ
6
"
Carrots
1b.
Б
10
Celery, Chinese
10
€
22
Chillies, Dried
辣椒干
25
5
33
18
Red
10
10
30
D
Green
8
12
5+
25
Curry Stuff, English..)
8
40
80
Cucumbers
2
18
Garlic
23
tz
Ginger, Young
17
16
13
Horseradish, Shanghai
24
20
Mandarin. #
2
+
Mushrooms, Fresh
57
14
9
Okrocs
15
**
Onions, Borabay
#*
8
12
9
Green
#
6
20
上海迷
36
30
Parsley....
*
16
ヨナ
36
45
Potato, Sweet
Б
14
Japanese
日本男仔
4 51
阳
14
American
金山薯仔
5
17
迓
13 18
Pumpkin
签 A
5
*
22
10
Radish
紅雞蛋仔
5
П
30
Rhubarb (Fresh)
大
15
10
Shallots
干感
10
to
10
Splanch
8
8
80
Tomatoes
4
28
"
Taros....
22
28
Turnips. Punti (Long).
95
Vegetable Marrow ....
88
12
"
Water Cress
****
» 1.20
40
гр
H
וז
"
"
British Isles Best Customer These facts are disclosed in the annual report of the "It has been observed also that Wheat Pool just issued.
Canadian Prosperous Trade and The Equitable Trust Company of
the location of existing public of wheat by the Pool were made
Experts Cheaper Money Rates THE YOKOHAMA SPECIE BANK, New York
Interest allowed on Current Ac supply stations and the arrange during the year under review to LIMITED.
counts and Fixed Deposits. Terms on ment of transmission and distribu- ninety ports in nineteen countries. application.
systems are not altogether The British Isles ware the Pool's Every description of Banking Busi
favourable for supply to the rail best customer, with Japan next and nats transacted,
Loans granted on approved secur-ways.
There would be the necesBelgium third. Ities.
The report shows
Rugby, Saturday. sity for new. power stations and that 203,789,579 bushels were han-Mr. Philip Snowden, the Chancellor Special facilities for Home Ex-new distribution systems to supply died by the eastward route, and of the Exchequer, referred in a speech change.
power for traction, and the capital 49,318,000 bushels via Vancouver Manager. cost of generation, transmission, and Prince Rupert, British Columat Leeds last night to his forthcoming and distribution would be added to his.. Total deliveries of wheat in budget. He said that two months re- the cost of electrifying the track the Western Inspection Division main before the end of the financial and of providing rolling stock.
Established 1880.
Capital (fully paid-up) Yen 100,000,000 Beserve Fund
Yen 108,500,000
Head Office—YOKOHAMA,
Branches and Agencies: at:
Nagoya Newchwang New York
Alexandria
Batavia
Bombay Buenos Ayres (Temporarily
exceed).
Calcutta
Canton
Changehun
Osaka
Peking
Rangoon
Rio de Janeiro Saigon Bairan (Dalny) Ban Francisco
Fangtan (Mukden) Seattle
Hamburg
Hankow
Harbin Loa Sony
Momotala Kai Tues
Karschi
Lobs
London
Semarang Shanghal Shimonosel Blagapore
Sourabaya
Sydney
Tloušaln
Tokyo Tsinanty Tringtau
SHOU J. CHEN, ..
THE BANK OF EAST ASIA, LTD.
HEAD OFFICE: HONG KONG. 10, Des Voeux_Road Central, Hong Kong.
Authorised Capital
Pald-Up, Capital Reserve
Kobe
.$10,000,000
New Stations Unnecessary
"As a result of the completion of the national scheme however, the I whole position will be changed.
12-AAA38929289********* 487888ЯA238°******
Indian Corn
Water Chestnuts
Lettuce
Shanghai
Water Lily Root... $
Ing the revenue, was to do it in such way as would rather be a help and en- couragement to industry than an addi-
tional burden upon' it.
IT
リ
12
6
6
8
6
3
5 15
UNCLAIMED TELEGRAMS.
THE EASTERN EXTENSION AUSTRALASIA &' CHINA TELEGRAPH CO., LTD.
With prosperous trade and cheaper money rates, which he hoped and be- lieved would come before very long, it, would be possible to make some impres- The following unclaimed tele sion on the National debt and by then grams are lying at the E. E I'debt reduction would become prac-Telegraph Co. office, Hong Kong:-
"ficable-British Wireless Servico.
Arsenio Sly, c/o Savoy Hotel. from Manila,
Howard Somersets, from Birm
AUSTRALIAN LOAN Ingham
Invitations for Conver- sion of £10,750,000
Canberra, Yesterday. The Commonwealth Governmet
Socrug, from Shanghai. S. LACK.
Superintendent Hong Kong, January 29, 1980,
THE GREAT NORTHERN TELEGRAPIX CO., LTD. 'OF DENMARK
under the Grain Board of Canada year, and the bulk of the revenue from were 475,711,628 bushels of which the main source had still to bo realised. 244,248,200 bushels or 51,8 per He did not know what might happen cent, were delivered to the Pool in regard to receipts from income tax,
Up to the end of the crop year which is collected mainly during this inviting subscriptions for the 5,000,000 The Central Board will be in members of the Pool had been paid considerable improvement it was not conversion of a six per cent. loan of
next few months. Unless this reached 1,500,000 position to supply electricity direct $1.18% per bushel for No. 1 North unlikely that the budget estimates of £10,750,000, maturing on March 15,
to the railways from the main ern basis Ft: William, and they still twelve months
ago would not be to be issued at par of six, per cent.
The following unclaimed tele have a further payment coming, the realised. The National finance of the for seven years' conversion. Offer grama are lying at the office of the amount of which has not yet been country would have no other way to is also made to holders of £60,000,- Great Northern Telegraph Com- determined. USER VIN
000 loan maturing in December pany (Limited) of Denmark: He added: "I shall commit no raida Reutor. The Central Selling Agency of I shall not take out of capital to meet the Canadian Wheat Pool handled current and recurrent expenditure and
treat it as ordinary revenue.” the sales of wheat and other grains
BRANCHES AND AGENCIES:- Batavia Melbourne San Francisco Bombay Nagasaki Seattle Calcutta New York Semarang Canton Osaka
Singapore Haiphong Perls Sourabaya
Sydney Honolulu Peiping Penang
Talpeh Rangoon Tientaln Baigon
Tokyo Shanghs! Correspondents in all principal allowed op Current de cities of the world
Every description of Banking and Deposita raónkrad for tize perlodí | Exchange business transacted. Coan
to be obtained, on myplicatiam. | granted on: approved securities 27
SAFE DEPOSIT BOXES to Jet.
KANKTONG PO
Los Angeles Lyoba
Vladivostok
(Temporarily.
Long, 11th Septembung-1bas.
Kowloon London
THE INDUSTRIAL & COMMERCIAL BANK LIMITED..
HEAD" OFFICE:
* 12-14, Queen's Road, Central,"
Hong Kon BRANCHES Shanghai, Hankow, Canton,
CopongmooTS
Central Selling Agency
pay out.
Helping Prosperity
for the Ontario Grain Pool and for the first time in many years Ontario
The main consideration at the mo- wheat was sold by the farmer on ement was that the State should use all In all principal cities of the world. parity with western wheat. Total the power it has to help the restora- Every description of Banking and handlings for the Ontario Pool tion and increase the prosperity of Exchange business transacted. We amounted to 1842,504 busbels of the country. The responsibility of the offer prompt and personal service wheat at $1.25 per bushel fo.b. Chancellor of the Exchequer, when
TIENMUTK LINGUA
General Manager, shipping point.
Po food with the imperative need of rain
Drive a Trusty “TRIUMPH"
the Motor that never fails you
Peninsular, Kengelbacher, from, Vladivostock.
Hoyt, Hong Kong & Shanghai- Building, from Stamford, Conn.
Akewple, from Shangha"; Habak Blan, from Swatow. Namoy, from Osaka.
Wingo, from Tientsin..
S. L. Kwok Co., from Goeteborg.
EV. JESSEN;
by Superintendent, Hong Kong, January 22, 1980.
"