2

HONG KONG AND SHANGHAI BANKING CORPORATION.

Abortant Cephal

fod ar Fully Prikup

Reserve Punie -

Berling

$30,000,00

200369,00

Boomere Liability of Prayslakər $30,000,000

HEAD OFFICE: 'UONG KONG

BOARD OF DIRECTORS:-

3. A. Plummer, Esq.

Chalean.

0.03. H. Markin, Kat Deputy ChalenAD.

. . . Bu, Pag.

W. En Bell, Esq.

A., Ompton, Esq.

2. Later Lewis, Yaq.

AMOT

SANUXOS

MATAVIA

BOMBAT

CALCUTTA

CANTON CHIYOO DOLOMBO

DAIBEN Foodilow HAIPHONG НАМВОВО HANKOW HABOIN HONDIEW

ILOILO

тод

1000BK

FORE

HOWLOON

W. L. Palisaden, Lay

T. E. Pearce, Zeq.

T. H. K. Shaw, Kaq.

J. P. Waren, Eng.

#eling Chatel Maxter.

M, trayburn. Exp.

BEANCHES:-

KUALA LUMPUR

LONDON

LYONU

MALACCA

MANILA

MUAR (Jabjure}

MEKDRS

NAGARAKI

NEW YORK

PEIPING

PENANU

RANGOON

SALOON

SAN FRANCISCO

SHANGHAI

BINGAPORE

SOU BADAYA

KUNOPI PATANÍ TIENTAIN

гекта

THINUTAO YOKOHAMA

Deras Arousia opened in Local Currenos and Fixed Deposits recurred for one year of akostar period in Local Currency and Berling

be which will be quoted on appliomalau, Bong Kay, Maren, 499,

HONG KONG SAVINGS BANK.

The Dastane of the abone Bank is conduct. of by the HONG KONG AND SHANGHAI BANKING CORPORATION.

lained on application

But mayb

FOR THE HONG KONG SHASOWAI BANKING CORPORATION.

Y. M. GRAYBURN.

Acting Chief Mawnger.

Hong Kong, 1715 March, 2734K

NEDERLANDSCHE HANDEL - MAATSCHAPPIJ, N.V.

(KETHERLANDS TRADING BOCIETY:

DANKZES.

Ratablished 1824.

Xena voz Disa;-11 Queen's Hood Copii.

Askerland Capital

Oulidor 1,000,000. (17,406,40€) Paid Capital Oulu 1,000,000-

(24,666,601,)

My Food Bulider $3,000,00

(20,645,3.)

:

Bleed on[AMSTERDAM”). Eaton Hand Dilo:—DAT&VIA.

BRANCHES :-Daodjarmasindoor), Babe

Casulle, Charbon. Dambar, Djok

harte's The Hague'). Jedklah, Kobe, Sote Radio, Mahissač, Medan, Padang Palembang.

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA. Incorporated by Royal Charter, 1858.)

HEAD OFFICE: LONDON. Paid-up Capital

Reserve Fund

£3,000,000

.£4,000,000

Reserve Liability of Proprie-

tors

.£3,000,000 |

Agencies and Branches:

ALON STAR

(Malay State)

AMBITRAR

ПАКОВОК

BATAVIA BOMBAT CALCUTTA CANTON

CAWNPORR

COLONBO

DAIBEN (Daxy

Holh Mineburla)

DELHI

HANKOW

(M. Meseburial

HAIPHONG

HAMBURG

HARBIN

TÙNG XONG

SPOH

KARACHI

KLANG

11,011,0

KORP

IVALA KANONAD

Porch (F.M.8.)

KUALA LUMPUA

KUCHINO

MADHAN

MANILA

NEDAN

NEW YORK

PESING

DONANG PENHAWAR RANGOON

RAMION

BEVARANO

SEREMBAN

SHANDHAY

SINGAPORE

SOUHLBAYA

TAIPING

(P.34.6.)

TAYOT

TIENTSIN TOKYO

TONGKAH ket TRINOTAG

YOKUHANA ZAMBOANGA

(billppine Islands)

THE CHINA MAIL.

COLONY'S TRADE STATISTICS

NEW SYSTEM TO BE ADOPTED

A BOON TO MERCHANTS

COMMERCE

AND

FINANCE

Special Chinese forms of declaration will be provided for the use of Chinese traders, who will be able, If they wish, to make their returns in their own language.

Shipping Document

One further obligation. Every one who sends a bill of lading or their docu- for to a shipping company ment counter-signature or, in the case of an exporter, delivers and makes a receipt on similar document to them, must first write or stamp the name and address of himself or his firm plainly upon the document, so that the shipping com- pany may know exactly who the im

and exporters dealing with

TUESDAY, MARCH 18, 1930.

HONG KONG MARKET PRODUCE.

APPROXIMATE RETAIL PRICES.

Butcher Meat.

Beef Sirloin

"

E

Prima Cut......

Corned

Roast

Breast

M

Soun...

*

Steak

J

Steak Sirlen Sausages.....

Bullock's Brains

"

Tongue, fresh .

U

Tongus, corned Kead

7

Heart

1

Hump, Salt

Foot

21

*

Kidneys

Tail

Liver

በነ

01

Tripe

Ler

И

Ind, the

17

Shouldar Saddle

A China Mail representative who was invited to visit the new Statistical Branch of the Imports and Exports Office, in Reaconsfield Arcade, yesterday, had explained Foreign Exchange and General to him the new system of record

porters Banking business transacted.

them ETC. Current Accounts opened and Fixing trade returna in the Colony.

the new system ed Deposits received for 1 year or The object of

This regulation is intended to enable shorter periods at rates which will in to obtain a complete report of the shipping company to send to this be quoted on application.

trade movements In the Colony, office full lists of Importers and export- A. H. FERGUSON,

whether the goods arrive by road, ers as required by that part of the re- Calves' Head & Feat Manager.

rall, or air. It is rightly anti-gulation which deals with shipping Mutton Chop Hong Kong, 8th January, 1920.

to be companies. It can readily be seen that cipated that the returns published monthly will be of canin working a system of this siderable benefit to merchants, as only way we have of seeing that all im

porters and exporters make their re- Pig's Chitlings the statistics will cover the whole

turns in time is by comparing their de

Braina extent of Hong Kong's trade, and cinration with the manifesta sent in by the West the Shipping Companies, getting the also that of Canton, $20,000,000 | River, and the Kwangtung coast names and addresses of all who have 8,000,000 line, which were not dealt with not made declarations and reminding 4,000,000 under the old "Permit" system.

4.000,000

Benefits to Merchants 2.210,000

As regards the old HEAD OFFICES: SINGAPORE.

it was necessary system, Branches, Agencies and Correspon- dents in the principal cities of the trader, whether exporter world.

porter, to make out a permit he fore the goods could be moved. The trader had then to present the permit at the Statistical Ofice for stamping before making any fur ther move in distribaling or col lecting his goods.

THE HO HONG BANK, LTD. (Batablished 1917.)

CAPITAL

Authorised Issued

Paid-up

Reserve Liabilities

Shareholders Surplus

Every description of Banking and Exchange business transacted.

TAN ENG HOOI,

Managar. Hong Kong, 15th May, 1929.

THE BANK OF TAIWAN, LTD.

(TAIWAN GINKO)

HEAD OFFICE:-Taipeh, Formosa Incorporated by Special Imperial

Charter, 1899.

them.

J1

Foet Fry ED

H

Head Heart

T

Kidneys

Liver

and Pork Chop

Ship Owners' Duties The other regulations define the "Permit"

duties of ship owners, masters for a compradores with regard to delivering or immanifests to this office, and reporting consignees or consignors' names and addresses. One provision framed to meet Iosal conditions deserves some at. tention. The owners of certain ships are accustomed to chartor them for very short periods, first to one Arm and

Under the new system, which may be called a "Post-event" or "Post Declaration" aystem, a trad er is not called upon to make any declaration until he has received or despatched his goods. He can also make the declaration through the post or by chit delivery, thus saving a great deal of time.

System Outlined Mr. Schofield, in outlining CHINA-Shah, Hankow, Amos, Tosobow new system to the China Mail re-

Central Bank in Formosa. BRANCHE

Bank-Nolas and

ABOUT...Yen, 45,000,000 AND LOKNCIES JAPAN :—Tokyo, Yokohama, Kolm, Dagka, FORMOSA :—Glan, Kal Karvaka,

Makang Nanta, Shinchika, Taisho, Taiano, Takso," "Tagad, Tomo, Italke, Taita,

Swatow, Cantots, OTHERS-Hong Ko Singapore

Datavia, Bombay, London, New York, Deiten.

LONDON DANKENS

·Bemarang.

Calque

**

Leg

Loin

Fat or Lard

Sheep's Head & Feat

Heart

"

"

Kidneys

Liver

then to another, and unless the Statis- Sucking Pigs, to order ties Offee is able to keep track of these Buot, Beef charterings it becomea impossible to And

Hutton any one able or willing to send in a val manifest, if for any reason, the char

» Sausages terer neglects to do it. Hence all trans- fers of the control of ships are in future to be reported to the Statistics Offico with the name and address of the

transferee, and in the case of a char-Barbel ... ter, the duration, and nature of the Bream

4.

V BREZÁSAKEISAERBYKARCE+2181±50VECSEJDOESSBEZ2

牛牛

咸燒牛

£.

#

5 * 3

No. 1.

Fish.

Fish塘魚

Canton Fresh Water 省城淡水

charter.

The goods exempted from the re

include all "through" thegulations

cargo remaining on the ship importing Carp it, ship's stores, personal luggage, Catast articles sent through the Post Office Codfish

travellers' samples. Figures of Crabs trans-shipment cargo will be kept aa Cattle Flat får as possible.

Brabepresentative, said:

The system of collecting trade statis-and

Feldioaga, Poning, The Landas County Wunimaler and Farr's Bat. tics which is about to be tried differs a

Postlar, Rangoon. Botterdam) Samarson' Shanghai, Bibolj (B) Bingapore, Foerabad, Boerakarta (Bola), Tegal, Tillating and Waitaradan.")

1.Thane odem kara sula, kasosli beza to lat, Loaden Barker-Hational Provincial Bank Lid

Flowy pooderie all over the world

Banking busiasms of starý

vorpion transacted.

P. M. ELDERG

Hang Lang Mth May, 1939.

Manager.

BANQUE DE L'INDO - CHINE.

HEAD OFFICE:

#6, Boulevard Hauzaman, Parka. Subscribed Capital Fra. 72,000,000.00 Paid-up Capital...Fr. 68,400,000.00 Reserve Funds ....Frs.102,000,000.00

BRANCHES: Bangkok Hong Kong Quinhen Battambang Huc Šalgon tintho Mangtze Shanghai

Canton Djibouti

Haiphong

Nam Dinh Bingapore Neumen Thanhea

Fort-Bayard Papeste Tientsin Peking Touring Puom-anh Vinh Pondicherry Yunasafn BANKERS:

Hankow Fanci

IN FRANCE: Comptoir National d'Bacompte de Paris; Credit Lyonnais; Banque de Paris et den Payn-Baa; Credit Industriel et Commercial; Bo- efste Generale.

The Bank has Correpondents in all the prin

cipal Commercial Contess throughout the worla."

K. NAOUDA.

HONG KONG BRANON:

Venuette

3. Voor Road Central Hong Kong 19th January, 1920

good deal from the Permit system em- ployed up to 1926. Then a merchant had to make out a permit, and send it

Monthly Returns

Dab Dace

1

Fresh Water

Yellow

Frogs

وا

Ito the Statistic Office before he could There will be a monthly publication Dog Fish

take delivery of goods or send them of returns and an annual Statistical Eels, Conger to a ship for export. The present Report which will give details as fully system may be called a "post event" as possible. Namos of shippers, cargo Jor "post declaration": for importersmarks, manifests and all details not THE BANK OF CANTON, LTD. and exporters will not be required to published in returns will be confiden

make any report or return till they tial. have goods.

Established 1912.

Bead Odice:-Hong Kong.

Garoupa received or despatched their It is hoped to make the collected Gudgeon statistics cover the whole extent of Herrings With certain exceptions, every article Hong Kong's trade, including that of Hallbat Antaoriend Capital (H.K Currey) 11,000,000 imported into the Colony, whether on Canton, the West

River and the Labrus order or by a trader travelling with Kwangtung 'coast line, which was not Losch his goods, has in less than seven days dealt with under the old system.

Lobsters

Paid Up Capital Resorts Fund

+ 8,584,300

560,00

BRANCHES Capron, Shanghai, Hankee, _Awalaw, Bangkok, New York and Bao Francia

LONDON BANKERS ;- -

The Loyd's Bank Limited, CORRESPONDENTS

Is all principal vision of the World.

say description inkassoted.

Forexchange and bakes bustore of

Bain Deponis Bosse (varions, issa) al poly

LOOK FOONG SHAN,

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

+

THE BANK OF CHINA, 行銀國中

to be reported to the Statistics Office

In conclusion Mr. Schofield em-

by the importer on the import declara-phasised that the system has been de-

Mackerel

tion form, provided by this office. The vised so as to cause the least possible Moak Fish seven days are to be counted from the trouble and interference with trade, Mullet day the importer takes delivery- not that its success depends mainly on Oyaters from the arrival of the ship.

hearty public co-operation, and that if Parrot Fish In the same way, within seven days this co-operation is lacking it may be Perch

come necessary

to consider after any article le exported the ex-

the re- Pike of the former Permit Plaice porter must fill up an export declara-establishment

tion form showing what he has dona.system with its various inconveniences. Pomfret, White

These forms enn be obtained at the It is the duty of the Colony to make Pomfret, Black Statistics Office, and when filled up, this contribution to the world's com- Prawns

may, if desired, be sent to the office by post.

Easy Forms

The import and export forms are

Reorganised October 26, 1928, under very much alike and extremely simple.

IN LONDON: The National Fro- special charter of The National Gov The following points,, however, should vincial & Union Bank of England, erament as an LA4: Comptoir National d'Escompte INTERNATIONAL EXCHANGE de Paris; Credit Lyonnais.

IN NEW YORK: J. P. Morgan & Co.; French Amerkan Banking Cor poration; Guaranty Trust Co. of New York.

Interest allowed on Currant Ac- counts and Fixed Deposits according to arrangements.

Every description of Banking and Exchange Business transacted. Bafe Deposit Boxes to lot.

A. LECOT,

Manager.

Hong Kong, 1st May, 1929.

Established 1889. Capital (fully paid-up)' Yen 100,000,000

Reserve Fund

.......Yen 111,500,000

Head Office:-YOKOHAMA.

Branches and Agencion ut:

Alexandria

BANK

Subscribed Capital Paid-Up Capital Reserve Fanda ....

be noted in filling them up:

(a)-Manner of arrival: this space is provided for stating whether the ..$25,000,000.00 goods described in the declaration ar- ,324,710,200.00 rived by rail, road or air. When ship's .. 8,820,502.82 name, is given the space can be left |blank, as it is thon presumed that the

goods came by Bea

(b)In the "description" column the names

of the articles declared should agree as far as possible with the classication list which will shortly

HEAD OFFICE: SHANGHAI.

HONG KONG BRANCH:

4, Queen's Road Central.

Ma

Owing to our numerous branches

- Hong Kong, 5th March, 1980,

mon stock of knowledge of its trade, since without it that body of knowledge must always remain incomplete.

SILK MARKET

Abnormal Stocks on Hand

[From Our Own Correspondent.]

Canton, Yesterday.

Ray

"

"

#

11

Mar. 13, June, June,

1930, 1913. 1914. Ct. Cts. Gta.

per set 16

exch

05

$1.25 Ib.

each 12

+r

24 12

Chicken Capons, Sma}}

Capons, Large

29 11

29

22

Duck

18

-$1.20

Doves

Poultry.

#

Mar. 19, June, June,

1930, 1918, 1914.

Cla. Cia. Cle

th. 60

#

12

48

30

28

"

班 魋 cach

Egge, Hen (cooking).... D

Eggs, Hen (fresh)

Fowls, Canton Fowls, Hainan Geose ...

Pigeons, Canton

H

28 SEK88 C#6#2687

#8

$5 22 21

per doz, 40

22 21

18

46 25 20

8918 998892928

42

新鮮鵝蛋 本地類 海南鎮

lb. 60 16 24

+1

52 35

24

12

34

each .50 80

Hothow

海口

48

28

lb. 76

-

66

AL

20

pair 2.00

lb. 24

met $1.20 $1.00 $1.00

1b.

Turkeys, Cock Turkeye, Hen

Snipe Pheasant Quatl

Partridges

Fruits.

Almends ............

金山陴

ו

*********8 |

**A*A*28S

8=-228-858 18 19 2381218-82898a||

|

8 7 8 8 6 3 8 4899 18218***2§¤~**********68**22*9*888**

AARARR*888*]|[9982988ICH NA2811

17

30

32

2

Por sot 8

Jb.

rr

+

cach 16

1b.

48

+

.36

"

M

per set 80

cách 10

+4

H

*

H

1.

"

17

"

17

n

П

"

水做

#

"

12

20

魚魚——魚魚魚

魚 沙鳘魚躇鷄斑魚白花魚蝦魚魚魚魚芒魚館雅緻鴛公魚鮪魚

魚魚魚魚脚

牛羊仔仔

**

凡肚 水

**3*Z**EH KELKKEROREXAZBU**@=2E042313AAEEHORE

Rock Fish Roach Salmon

Shark Skate

Shrimps

Snapper

Soles

Tench

Turbot

Turtles, small, fr. water

The market for the past two JAPANESE PROTEST months and more

has been vary

be published. It is the list formerly dull on account of the drop in prices Government Demurs at used but revised and brought up to to very much bele. $700 per picul.

Than

As a consequence the unsold stocks are more than twice as much as is usual at this time of the year.

the stocks hald in the present godowns of banks against loans is

Indian Cotton Duties

At

BRITAIN'S REPLY

:

nearly 15,000 bales, and there are other 3,000 to 4,000 bales in addi- tlon held up.

London, Yesterday.

14

12

PR68882*36*6⠀⠀⠀ O ON 2 BEREZJCRX XARX***** **

68

ន ភី ភី ៩ w ៩ ន ដ៩៩៖ គឺ ៖ នននន ៥៨ គ ន ម ម ម ន ន គ និ – ឥ ឝ ដ ៩

Coconuts

Lemons, China

Lemons (American)

Lichees, Dried

#5

each 30

1.00

lb.

[1

85

22

៩៩៩៩៩ ឬ 1 } en n

! I | | ༄ ༅ | ཝཿ } ཋ | ཥྭ | | ༅ སྣུ |

ུ་ ་ སྶབྷཱུ⌘ཁ⌘ | | { ཋ ཤྭ ཡ ས||

Apples (California)

Bananas (bride's)

Carambola ....

蕭山香蕉 楊 桃

each 12

#

1b.

10 25

☆ wach 12

荔枝干 16.

80

26 30

新會甜程

"

#E

"

#

#

*

Oranges

Oranges (Canton)

Pears (Canton)

Peanuta

Persimmons, Large Flantain .................. Tumelo, Siam Walnuts ...

Grapes -...

Vegetables, &c.

Artichokes

Beans, Sprout...

Red

梨生柿柚柚子

15

Н

14

རྒྱུུ སྨྱ 。} != " ཤྩ ཀྭ ཚ ༈ ༞ | } 6 ཋ {

18

18

13

10

還是柚 each 25

# lb.

18

12

(Medium) ÞÆT (Small)

Green

Cucumbers

Curry Staf, English.

Garlic Ginger, Young

Old

Horseradish, Shanghai

Indian Corn

Water Chestnuta

BAHUDEUKBAKIDSBEYERVETR KERSE

toredad¤KRESE ESICDSMW **BBM SREKREĻASKSCESRO

* 19"~----|

̧• * | | | ~ ~ [ { [ ] [ ****=*[*[*

each 10

23

24

Long

8

16

Beet Root

8

Bitter Squash

"

6

24

Brinjals, Green

8

5

"

10

Red

8

G

27

Cabbage, Chinesa

20

10

9

(Shanghai)

14

12

17

Cane Shoots, bunch

10 "

20

Cauliflower (Largo) .. XA each 18

27

14 陣

10

*

襬类花

12

19

Carrots

Ib.

8

Colery, Chinese

10

10

"

Chillies, Dried

#* T

28

*

26

$

18

14 10

10

30

10

8 12

25

10

8

30

2

18.

10

23

10 7

16

8 10

13

++

80 8

24

"

21

20

2

Mandarin.

2

Mushrooms, Fresh

0

Okroes

n

16

Onions. Bombay

B

1

Groen

29

Shanghai

上海蔥頭

8

86

30

Parsley

*

20

60

45

Potato, Sweat

14

+

Заранее

日本賽

4

14

American

金山薯仔

18

Pumpkin

10

Radish

30

Rhubarb (Fresh)

15

10

Shallots

8

10

Spinach

.8

80

Tomatoes

10

28

Taros

44

28

Turnips, Punti (Long)

F

6

30

26

85

Vegetablo MaITOW ..........

4

24

40 18 14

Water Cress

6

1.10

40

Water Lily Boo....

6 15

AMERICAN

F#

#

J

22

82

Lettuce

HUGE

BANK MERGER

NEGOTIATIONS FOR COMBINE

China and large connections in the date. Important commercial centres of the

(c).The values should be given ar world, we are able to extend to our follows: for imports the official T.T THE YOKOHAMA SPECIE BANK, and foreign banking and exchange.

clients special facilities for domestic

ALMOST COMPLETE selling rate of the C.I.F. value on the LIMITED. '

We also handle the issue of Bonds date of declaration for exports F.G,B. and other Public Funds of the Chin value at Bank's buying rate of the

$2,800,000,000 CAPITAL cse Government both at home and day.

In the House of Commons at abroad.

(d).--In the import form the

[question time, Mr. Arthur SHOU J. CHEN, "country of origin" column should, if

New York, Yesterday. Henderson, Manager, the goods

Foreign manufactured, show the

Secretary, With the approach of the new stated that the Government had It is reported in Wall Street Company from which they came in season's crops it will mean enor [their present condition, not the country

received a communication from that the negotiations for a merger mous stocks in Canton, which will where manufactured started.

of the Chase National Bank, the Pranch pig-iron may be sent to Ger- be detrimental to irade unless New the Japanese Government com. many and into hardware, and from York becomes normal again and plaining of the discriminatory Equitable Trust and the Inter- there shipped to London to be sent makes up for lack of purchasing effects of the proposed Indian cot-State Trust Companies are prac

tically completed. here: the goods there should be listed during the past months, owing to ton duties on Japanese goods will be the largest bank is the as German. If, however, the Importer the alump in stocki there. only knows that the goods only came Lately prices have been rising a Government of India must neces- United States, with resources of (gold). Reuter's from London, and is unaware of their good deal and sellers are still hold. sarily be consulted before a reply $2,800,000,000 previous history, he should give Great ing off which will Influence could be made to Japan. Britain as the country of origin.

them further. Buying offers to-day are $780,--and if the price

Paris, Yesterday, enhances further, business ought to

The Committee of the Inter-. be brisk during the next two months, before the new season's national Federation of Master stocks come on the market in large Cotton Spinners and Manufactur- quantities.

Bataria Bombay Bamos AyreS (Temporally

lored). Calcutta

Canton

Changchun

Dairen (Dalny)

Nagoya Newchwang New York

Osaka 7 Peking

Rangoon

Rio de Janeiro Haigon

San Francisco

Fangtien (Mukden) Seattle,

Hamburg

Semarang

Shanghal

Honolulu

phoned

Singapore

Волгабата

Sydney

intain

3

Bowed

rates to be bbt:

Hong Kong, 10th March, 1980,

KASHMIR SILK STORE

for EXCLUSIVE STOCKS.

SILK

and

SILK GOODS

"Opposite. Qusen's Theatre.

THE INDUSTRIAL & COMMERCIAL BANK, LIMITED

HEAD OFFICE: 12-14, Queen's Road, Central,

Hoạt Kua.

BRANCHES Bhanghel, Hankow Canton, Колятост MERCORRESPONDENTS

In all principal cities of the world. Every description of Banking and Exchange" bvilness" transacted. We offer prompt and personal service.

SER TIENMUK: LIN;

Mate General Manager

Mr. Henderson added that the

National Propaganda

American Service.

The combine

LAND SALES

#

+

10

FRANCE'S REVENUES

Increases Upon the Budget Forecasts

Paris, Yesterday.

The revenue returns for Febru- ary totalled 2,994,000,000 francs, showing. Increases of 306,000,000 francs compared with the budget forecasts and 160,000,000 francs compared with February last year.

Havas.

COMPANY DIVIDEND

The balance at credit of Profit & Loss Account at December 81, 1929 (including the sum of $175,510.47 brought forward from previous year) amounted to $791,293.48, which tho Directors recommend · apportioning as Tol-

lows

pay a fividend of 50 cents per share on 793,867 shares....

Fluctuation Account

...$308,178.50

ers Associations mainly consider- New Kowloon Inland Lot No. The business of the past year hased a resolution of the Barcelona 1,327, situated between New Kow been far from good and many firma Cotton Congress as regards the leon Inland Lots Nos. 1,288 and have been badly hit, Especially establishment of national cotton 202, Apliu Street, Shamshuipo, has this been so with the Chinese propaganda committees in each was put up for publle suction at To transfer to Exchange firms who have been trying to affiliated country. The Secretary- the offices of the P. W. D. yesterday

150,000.00 market their own elk in New York General, Mr. Arno Pearse, resign and was sold for the upset price of To transfer to Repairs and

Renewals Account .: 100,000.00 and Lyons, lastead of dealing with ed after 25 years service, taking $8,575, which works out to exactly these centres through the old- an important appointment in $1 a square foot. The purchasers To carry forward to new established, foreign fums Cor Egypt. His son Norman succeeds were Mesars Au Young Pak-chan, tala of these Chinese Arms are com him as Secretary-General-Beu Kong Wong and Tam Sing of No. templating closing their doorstar

67, Kwai Lung Street.

account

-143,118.48

$701,299.98

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