HONG KONG AND SHANGHAI BANKING CORPORATION,

Vaskoniaed Capital in sim 150,001,5A hayat svå Fuilt. Pid tip 390,000.000

*****. JB, 500, 10M

W

Reserve Trabilky of Proprietori ... (30,009,206

wwwwwww.

HEAD OFFICE: HONG KON

-------

BOARD OF DIRECTORS-

3. 4. Plummer, Esq.

Chairman.

Bern. Mr. $. H. Mackl Deputy Chair A

W. h. Hull, Em,

A. it. Gompton, Kvj

U. Lanier Lowle, Kay.

41. Sifakin. Eng

ANDI

WAXOKOŁ

MATAYLA

BOMBAY

GSLUBITA

CANTUN

llun. t. J, J. Palpron,

T. E. Pastor, Eay.

T... Maw, Bap

J. P. Warren, Leg.

et kagalef Manager.

V. M. Carayburn, Be

BRANCHES:-

LONDON

LYONS

MALACCA

MANILA

MRAK Ghaforgi

MUKDEN

NADASAEI

ZERPOO BOLOMBO

NEW YORK

PEPING

PERANO KANGOON

SAIDON

DAIREN

HAIPHONG

WAMBURO

BANKOW

MARFIN

SHANGHAI

MONOKEW

AINGAPORE

ELOILO

NOURABAYA

HUNGEI PATANI

LOR

FOU

亞馬

COWOHAN

KUALA LUMPUR

BAN FRANCISCA)

FIENTSIN

TOKTO

THINGTAO YOKOHAMA

UN POR UNats opened in Laval Curruan Bad Fice Depotle received to our yake or sances pervade in 100 Currency and Barling wa marain which 'stźl be quoted on application. Plug Katra, AP31, 19829,

HONG KONG SAVINGS BANK.

The Budians of the above Bank is nooduel by the ONO KUMO AND BUTANOHA

Ruins ray bu BANKING CORPORATION,

abraised on pasion.

VOR THE HONG KONG & HUANOMAT BANKING CORPORATION.

V. M. CITEA Y NUUN,

Acting Chi Stanager.

Hong Kong tech Marrh, hưDA,

NEDERLANDSCHE HANDEL- MAATSCHAPPIJ, N.V.

¡EBLANDN THADING SOCIETY)

DANKERS.

FataBished 1824.

Mang Kong Utos:-11 Queen's Boed Central

Area Capital

Quilléna 160,009,000- (£19,500,000.)

Paldi apital will 000,000

Kerry

[28.656.847.1 Oulare 40,000,000- (28,034,8K)

Food

Hand Office:-(ANTEBDAM'), Eastern Iland Don:-BATAVIA. GRAKCHEN -Bandjarmasi Danlontg"). Bombay,

Calulia, Charbon,, Plumber, Disk jakaria) The Hague Jadiak, Kobe

Ion-Badje, Makassar, Medan, Padang Palombent, Pekalongan, Penang, Postlacak, Bangoun, Butterdams').

sangkal, bolg (S), Blugapors, Pousebaím, koerakarta (Bolej, Tegal, Tilletjes

and Wallewraden.)

Those affices have male deposit boxes to let London Baskare:-Nailonal Proviniai Bank Ltd.

Carpodents all over the world.

Binking business of

tesorption amassoted.

A, STOKKINK,

Act. Magnger.

BANQUE DE L'INDO - CHINE.

HEAD OFFICE:

9, Boulevard Haussman, Paris. Subscribed Capital .Frs, 72,000,000,00 Paid-Up Capital...Fra. 68,400,000,00 Reserve Funds ....Fra.102,000,000,00

PRANCHES:

Bangkok Hong Kong 'Quinhon Battambang Hue

Caatho

Canton

Mengtze

Saigon

Shangbai

Djibouti Neumes Thanhan

Fort-Bayard

Haiphong

Hankow

Annoi

• Nam Dinh Bingapore

Tientsin Peking

Tourane Pneur-Prush Vinh

Yuunanto Pondicherry BANKERS

IN FRANCE: Comptoir National d'Escompte de Paris; Credit Lyonnals; Banque de Paria et den Pays-Bas; Credit Industriel et Commercial; So 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-

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

Incorporated by Reyn: Charter, 1853. HEAD OFFICE: LONDON. Paid-up Capital

Reserva Fund

Itesurve Liability of Propele

tora

.£8,000,000

£4,000,000

.£9,000,000

KUALA LUMPUR

KUCHINO

КАРНАЯ

MANILA

Agencies and Branches:

ALOR STAR

Malay BOG'

ANKITNAR

BANGHDE BATAVIA BOMBAY CALCUTTA

CANTON CAWN PORR CYBC

COLOMBO

DAIRES (DANJ,

outh Mangkarini

DELHI

KALPHUNG

ELAMBURG

HANKOW

ИЛИВЕН

IN. Manobuda)

HÀNG LONG

ILOILO

KARACO.

ELANG

ПРОЦ

FOVE

ECALA KANGSAR

Farek (P.M.8.)

KEDAN

NEW YORK

PERING PESANU PESHAWAR NANODON NAIBUK NEMAHANG SEREMBAN

SHANGHAI

BINGAPORE

SOURABAYA

TAIPING

TAVOY ZIENTAIN TOKYO

ТОКОКАЯ (ВЬ, TSINGTAO YOKOHAMA

ZAMBOANGA

(Philippe Islanda)

THE CHINA

MAIL.

BUYERS' RIGHT TO REJECT CARGO.

KELANTAN DECISION A HANDICAP.

COMMERCE

In the Appeal Court Lord Justice Scratton made an interesting pro- nouncement in the Africa and East- era (Malaya), Ltd., against White. Palmer and Co., Ltd., on the difficul- ty of appealing on the point of a error in law by the arbitrator since Foreign Exchange

the Lords' judgment in the Kelantan

feared ease, observing that he Banking business transacted

Current Accounts opened and Fix-good many judgments would have to ed Dupcaits received for 1 year of be reconsidered, and then proceeded

which will shorter periods at rates

to point out the legal obstacles in be quoted on application. -

the way of framing a clause, how A. H. FERGUSON.

Manager. ever definite and wide, which would Hong Kong, Btu January, 1029. exeluds the buyers' right to reject a

and

General

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

Authorised Issued

Paid-up

Reserve

CAPITAL

Liabilities

of Shareholders Surplus

cargo.

1

AND

FINANCE

anyone can do anything with It. la

#

.....

14

TUESDAY, MAY 27, 1939,

HONG KONG MARKET

PRODUCE.

APPROXIMATE RETAIL PRICES.

30

May 28, June, June,

1930, 1918, 1914

Ct. Ct. Cre

58

18

31

30

#

52 28

42

22 21

each -

May 23, June, June.

Butcher Meat.

1980. 2018, 1014

Cta, Ct, Ctx.

Poultry.

4R R lb,

Chicken

Capons, Small Capous, Large

#

**

per doz, 40

MALWE

55

25

16.

36

**

55

77

35

*

40

24/24

each 10 80

30

lb.

75

h

Roast Breast

Soup Steak

the Kelantan case, reported in 1923 Beef Sirloin .......

Prime Cut Appen! cases,

at page 895, the majority of the court sald in fairly Corned plain terma that if you refer o mat- ter expressly to the arbitrator and he makes an error of low you must; take the consequences, you have gone to an arbitrator, and if the arbitra- tor whom you choose makes a mis- take in law that is your lookout for choosing the wrong arbitrator; if you choose to go to Caesar, your must take Caesar's judgment.

However, I am not going to decide the matter upon that ground, al- though I think that since the deci- slon of the House of Lords in the Kelantan case, a good many of these decisions with regard to error of law on the face of the award will have

#

Steak Sirlon Sanesges

Bullock's Brains .....

Tongus, fresh.

Tongue, corned ✯✯

"

n

Head

11

Heart

"

Hump, Sult

Feet

M

M

Kidneys

Tail

Liver

H

Tripe

to be reconsidered, but I have to Calves Hoad & Feet. satisfy myself before i get to the Mutton Chop Kelantan case that there is any

error of law appearing on the face of the award. If one looked

the

#

Leg

Shoulder

Saddle

Braina

Feet

"

Fry

++

Bend

Heart

M

Kidneys

Liver

*

The judgment was delivered on motions to set aside awards of the Appeal Committee of the General facts which I have stated, according Pig's Chillings Produce Brokers' Association in this to the common law it would be pret- dispute where the defendants worety clear, first of all, that the buyers. .Straits $20,000,000 the buyers of a cargo of Muntok might reject and get their money

8,000,000

white pepper, where the committee back, but when they had done that 4,000,000

had upheld the umpire that, as the in what position would they be? 4,000,000 delivery was not Muntok white pep- They would have a contract which 2,626,000 per, the buyers could reject.

the sellers had not performed, and they would be entitled to get dam-

for the ages

non-performance of that contract. It might be, as in that the these produce contracts, damages might be assessed in a con. ventional manner, which would not be the way in which the common law would assess them, but which would' still be the way to which the parties had agreed.

READ OFFICE:~SINGAPORE. Counsel were, for the appellant, Branches, Agencies and Correspon- sellers, Mr. W. G. Wrankham, in dents in the principal cities of the structed by Messrs. Linklaters and world.

Every description of Banking and Faines, and for the buyers, Mr. Exchange business transacted. D. N. Pritt, K.C., and Mr. Kingsley Griffith, instructed by Messrs. Smith TAN ENG HOOL,

and Hudson. Manager. Hong Kong, 15th May, 1930.

THE BANK OF TAIWAN, LTD.

(TAIWAN GINKO)

HEAD OFFICE:-Taipeh, Formosa

Incorporated by Special Imperial

Charter, 1999.

1!

The sellers relied on, as excluding buyers' right to reject, clause 9 of the form of the General Produce Brokers' Association as follows:-

"Whenever it may be admitted by the seller or decided by arbitration that the seller has failed to fulfil the terms of the contract. the buyer shall clase by Invoicing back the contract to the seller at once at a price and weight to be axed by Bast-Norse issued Arorage amount Yen. 11,008,rrbitration, which price shall not be less than 2 per cent, and not more than 10 per cent, over the estimated market value of the shipment con tracted for on the day on which de fault occurs, the difference between the contract price and the invoicing back price to be paid in cash within seven days, and this payment shall

Cocteal Bank in Fernaosa,

BRANCHES AND AGENCIES, JAPAN :-Tokyo, Yokoliams, Esbe, Graka, FORMOSA :—

Bagh KaraokŞ,, Satung,

Takao, Tanout, Town, Haito, Ta CALINA:hade kaly

Swrstow, Cantos DTERS-Hong Koog. Bingas.

Bemarang. Falas.. Bombay. London, New York, Daire.

LONDON BANKERS: The London County Westminster and Part's Back,

Matong, Nanto. Shlactiku. Trebu. Teines Lankow. AMUT, Pobo, Boerabays Calet

Pork Chop

1

Leg

Loin

H

Fat or Lard

Sheep's Head & Feet

"

Heart

Kidneys

Liver

Sucking Pigs, to order Suet, Beef

Veal ..

H

H

Framed The Rules. Looking at the award; what the arbitrators have done is what the common law would do, and I have the additional advantage that the people who have come to this deci sion are the people who framed the rules, and who presumably know, Barbel which I do not, what the rules mean: Bream

no reason

菇 牛牛

预 把“因肉胞肉排柳腦熱心后 製片肝肚脚骨脾手出腦與什心肝骨

$ # #

牛羊羊羊羊猪猪猪猪猪猪猪嵇猪羊 羊羊 午乳牛中

**

#

油脚心泰斯油油肉

#W

417 #

中仔開

Mutton

Sausages

No. 1.

Fish.

B

Fish

When I find that the people who Canton Fresh Water KBD97K) framed the rules have arrived at a result which is apparently in ac- Carp cordance with the common law, I see Catfist for setting the Award Codfish aside for error appearing on the face Crabs of it.

Cuttle Fist That rules of this sort, although

Dab The Back as Correspadicu la all the può constitute a final and complete set- expressed in wide terms, do not ex- Dace

tlement of all claims by either party clude the right of rejection appears Dog Fish

pratty clearly first of all from Mr In respect of the said contract."

Eels, Conger Lord Justice Scrutton said appeals Justice Bigham's decision in Vigers arose from time to time because of v. Sanderson, where the agreement the wording of the rules of the Gen- was that the goods should not be re- eral Produce Brokers' Associationjected for any reason, and where Mr. Justice Bigham held, and I that it has always think

held been that

nipal Commanial Centre throughout the world.

HONG KONG BRANCH:

K NAGURA.

Manager.

Dee Your Boad Chatraž Hong Kong, 19th January, 1957.

THE BANK OF CANTON, LTD. or other large association in the city

Established 1912.

Head Ofce-Hong Kong.

Autorisat Capital (H. Citronap! ...@11,000,000 Pald Up Caplia Ar Besar Pand

BRANCHES -

Bangkak, New

****

of London and elsewhere, who pro. vided rules for the settlement of dis putes between parties. Here, by the rules, his Lordship went on, any dispute is to be settled by arbitra- tion in London "In the usual man Canson, Bhaaghal, fler." "The usual manner," accord Tork and San Francisosing to the rules, is to go to twe arbitratora, one named by each party, and if they disagree, to an umpire, and from the award made hy that umpire, in cases where they disagree, there is an appeal on question of fact only to the com- Chief Manager. mitten of the General Produce

Brokers' Association.

LONDON BANKERS 1-*

The Lloyd's Bank Jamited CORRESPONDENTS

to all pipel olies of the Wocia

· Foreign szehangu and banking businemal

warg danaription pesawćted.

Reposit, Basu varlene donc) si a vourly Persa od um 15 to $40.

LODE POONG SHAN,

Hong Kong, 14th May, 1930.

THE BANK OF CHINA, 行銀國 +

Umpire's Award.

The umpire has made an award "that sellers shall refund to the buyers forthwith the amount paid against the c.l.f. documents;" that is to say, the buyers have paid a price for goods which were assumed Reorganised October 28, 1928, under to be geods of a certain quality and

poration; Guaranty Trust Co. of New special charter of The National Gov-description, and which turn out not

York.

interest allowed on Current Ac ounts and Fixed Deposits according to arrangements.

Every description of Banking and Exchange Business transacted. Safe Deposit Boxes to ist.

A. LECOT,

Manager.

Hong Kong, 1st May, 1920.

THE YOKOHAMA SPECIE BANK,

LIMITED.

Established 1880.

Capital (fully paid-up) Yen 100,000,000 Reserve Fund........You 111,500,000

Head Ofica:---YOKOHAMA,

Branches and Agencies at: Axandria

Nagora Newchwang

Batavia

Bombay Dosnos Ayres

(Temporarily

«lound).

.

New York Osaka Peking Rangoon Rio de Janeiro Changchun S Baigen

Calcutta

Canton

Dairen (Delay) San Franciaco →→gtien (Mukdán)"Besttis Maumburg alt for Bamarang. Sankow

ffarbin Goin Kong

Honolulu

Karachi

Kobe London

Los Angeles Lyone Mandal Megaseli

30

Fresh Water

Yellow

Frogs Garoupa Gudgeon

since, that Herrings

does not exclude the Halibut

right to reject if the goods delivered Labrus are not the contract goods, and when Loack I further find in Roth Schmidt's Lobsters case this court also held that the Mackeral rule as then framed did not exclude Monk Fish the right of rejection, and I do not Mullet find any material difference made in Oysters

Parrot Fish- the wording of the present rule un- der these circumstances, still less Perch am I inclined to think that there was error of law on the face of the award. I do not propose for the Pomfret, White second, the third or the fourth time to make an attempt to discover what the rule does mean; it is enough for Ray

Rock Fish me to say that I do not see any error

Roach

Pike

Plaice

Pomfret, Black Prawns

in law on the face of this award, Jalmon

even assuming that if there were I

Shark

should be entitled to do anything Skate when the parties have agreed on their tribunal.

Tanch

Turbot

Shrimps Snapper The other point Mr. Wrangham crnment as ап

to be the goods of a certain quality does not now press, but it was that Solea INTERNATIONAL EXCHANGE

and description. The obvious com- he asked the Appeal Committee to

result law

of that state a special case and the Appeal Turtles, small, fr. water ..$25,000,000.00) mon

Would be that the buyers Committee did not do it. who paid under A mistake guage of the rule with regard to that

BANK Subscribed 'Capital Paid-Up Capital .......$24,710,200.00 Reserve Funda

.$ 3,820,503.82

HEAD OFFICE: SHANGHAI.

HONG KONG BRANCH: 4, Queen's Road Central.

The lan-

尾肚 水

魚—— 魚魚魚 魚 沙藍色病斑甲花魚蝦魚魚魚燈魚芒魚新組蝦鯊公魚鮪魚 娆鹈鹕 饒,直钺海淡黃珽石白绮將黃龍在芒 雠甄花瓶自點明至石沙蝦立持尤左 de

魚魚魚魚脚

##

20

-$1.20

24 -18

Duck

Doves

Eggs, Hen (cooking)....

Eggs, Hen (fresh)

Fowls, Canton

Fowls, Hainan Geese

Pigeons, Canton

Hofhow Turkeys, Cock Turkeys, Hen

+

44

per set 15

eugh 65

If

Suipe.....

Pheasant

口烧烤

3.989 198EKOGARS181

RA ZWEBB. CEKURBERR

60 J

ench 28

pair

each 32

» $1.40

th.

20

each 12

Qual. Partridges

Fruits.

齊 t1. 金山炸

10

6

Ib. 24

set

$1.20 $1.00 $1.00

lb.

Er

P

*******8*RSS | PAAAA***** | 12285 PRA 1878 ° ° 88 885 | | ¤¤¤¤¤¤¤&2818=== | | 1169 | | 58.1219*2****!

88186387823

******888***=*=*=968978*29*6**⠀⠀

Per sat $

lb.

18 .15

»

ch 15

1b.

36

11

per set 80

each 10

-

P

Jb.

-

tb.

**

** **888*** *58*28*********9865978 ~ * 8 * * * * * * * * * &

*

קן

Almends

Apples (California)

Bananas (bride's) Carambola

Coconuts

Lemons, China

Lemons (American)

海山香點

1218 ONEERIN

35

21

8

12

24

. គ ន ១៩.គ ) ដ≠ពី | | | | | |

। །, | | 。 ༅ ། ཀླུ | ཞཱ ། མཱ ། | ༄ཎྜ |

IF

cach 19 10

16 25

8 each 10

25

- 12 9 8 5 6 8 3 1 - $99

* 镨

slo

#

#

lb.

Lichees. Dried

荔枝干

Oranges (Canton) Oranges

新鲜甜排

21 PT

#

71

Pears (Canton).

*

Peanuts

4

t:

Persimmons, Largo

Plantain

*

#

Pumelo, Siam .... Walnuts

Beach 28

#b

#-

20

10 12

12

Grapes

***

Vegetables, &c.

Artichokes Bean, Sprout

each 10

12

th

6

14

H

10

8

24

6

5

16

24

20

16

»

Long

Beet Root...

Bitter Squash

16

Brinjals, Green

Red.....

27

D

Cabbage, Chinese

(Shanghai)

12

17

Cane Shoots, bunch '.

10

26

Cauliflower (Large)

*

大椰菜花

each

27

14

16

(Medium) ?

JO

(Small) ..

Carrots

lb.

8

Celery, Chinesa

*A*

25

44

26

10

10

14 B 12

10

B

6

2

8

6

13

7

14

30

28

8

45

6

8

10

ZE

189226NANAANNNA£IS258320N-ONANHX,

Chilifes, Dried

Green

Old

Water Chestnuts

Mandarin.

Mushrooms. Fresh...

Okroes

Onions. Bombay

CKHUREHARAKIWARKHERBK-R KENDS - SHÄR:

CEFRABBEBOYUYAET PSLEBEN ***6# 9NSERICEIEREESSE

IN

50

19998**-*-**-||-******* | ¦ ¦

Red

30

#

40

30

Curry Stuff, English..

Cucumbers

18

Garlic

23

32

15

Ginger, Young

13

+

24

21

Horseradish, Shanghai Indian Corn

Lettuce

20

2

14 9

"

30

15

34

我想购

8

Green

42

*

6

4

29

Shanghai

41.

.30

上海练頭

4

6

Parsley

20

36

45

Potato, Sweet

5

72

.14

IF

Japanese

日本薯仔

22

14

American

金山薯仔

32

18

Pumpkin

36

10

Radish

紅蘿銀仔

5

44

30

Rhubarb. (Fresh)

*

12

20

10

Shallota

10

20

10

Spinach

6 8

45

80

Tomatoes

10 4

28

Taros

28

28

Turnipi, Pont (Long)

6 €

32

RG

Vegetable Marrow

8 4

35

12

Water Cream

1.00

40

Water Lily Boot....

6 16

$38.

of fact could hand back the goods is: "The award of such arbitrators which had been delivered to them or umpire (as the case may Do HONG KONG SHARES. to $27% and Docks from 534 to and claim back the price, plus inter shall be final and binding on the est at 5 per cent. "I further award parties at the expiration of three that the buyers shall close the con- clear days after receipt of the award tract by invoicing back to the sell-save that any of the parties may as Owing to our numerous branches iners 95 cwts. at 23. 5d. per lbs. c.i.f. herein provided appeal therefrom on China and large connections in the terms, di:erence to be paid within any question not being a question} Important commercial centres of the seven days."

abroad.

Hong Kong, 5th March, 1980.

the award.

of law." Consequently the Appeal

A Strong Demand for All Stocks.

MONTHLY REVIEW.

1

Fluctuation in Banks was very

Providents were

somewhat neglected, shares changing hands between $5 and $5.40. Hoteis did not register any appreciable rise. Hong Kong Lands were in strong demand 'at $74 and all shares offer-į ed were promptly absorbed.

Ilong Kong Tramways were the medium of considerable specula- tion at prices ranging from $20% to $22%. This was caused by the anticipated purchase of the Hong Kong Hotel Buses. Negotiations, however, proved abortive and the Price Bagged $2.

Union Insurance-£2. Every care has been taken to ensure accuracy and we cannot be responsible for any omissions.

errors от

We again take this opportunity! of thanking our clients for their support in the past, and trust to a continuance of same in the future.

CROWN LAND SALES,

Kowloon Lots Sold Yesterday.

world, we are able to extend to our In the other award he has added Committee have no jurisdiction to In this share market report for citents special facilities for domestic that the sellers shall also invoice deal with a question of law at all, April Messrs. Ellis & Edgar Stata! and foreign banking and exchange.

We also handle the issue of Bonds back, and the balance shall be paid. and no question of law could come

A strong demand prevailed for and other Public Funds of the Chis. The results come to exactly the same before them. To ask people who all stocks during the current ess Government both at home and thing. The sellers, against whom have no jurisdiction to deal with law month and a substantial rise was

SHOU J. CHEN,

that award was made, then applied to state a case on a question of law registered in most stocks due to Manager, to set the award aalde on the ground upon which presumably they are the easiness of money.

that there was error on the face of asking for advice, although they The April Settlement passed off

cannot follow the advice when they very smoothly. Sellers of settle

A large number of shares of the At the P.W.D. Ofces yesterday, I should like to say that I doubt get it, seems to me to be quite un- ment shares found no difficulty in in the first place, since the decision necessary. If Mr. Wrangham, the disposing of their forwards pur China Light & Power Co., Ltd., and a plot of land in Nathan Road, the Hong Kong Electric Co., Ltd., Mongkoktaui, lot No. 2386, was sold HONG KONG HEIGHTS of the House of Lords in the Kelan-next time he comes before this chases.

changed hands during the month to Messrs. Chan Kau, Wong Tung tan case, whether supposing there is tribunal, will ask the umpire to state. error upon the face of the award a question of law we shall then see glight. London were strong buyers under review. Electrics improved and Yuen Kwong of 63, and 65 Bute what happens because, as I have had of the local register shares at from $72 to $74 and Lights from Road, for $20,350, the upset price Both stocks closed being $17,350. The plot contains occasion to remind the General Pro- $110, Bank of East Asia shares 28 to $24.

6,940 square feet with an annual duce Brokers Association once be

Cements were the medium of rental of $80. fore, their agreements do not oust rose from $100 to $109 due to their very arm.

Lot No. 2837, a plot of about were the sharp fluctuations during the

rental of $68. It is situated at medium of large business at prices month and prices ranged between 10,000 square feet, yields an annual Some interest was evinced by in- Boundary Street, Kowloon Tong, ranging from $810 to $875 They $15 to $10%. declared a dividend of $45, an investors in Dairy Farms and as a and was sold to Messrs. L. F. Basto, crease of $5 over last year. Unions came in for a fair demand at $440 consequence large quantities of L. A. V. Ribeiro, and B. Souza for and $460. With low exchange the shares changed hands around $23. the upset prices of $5,000,

Mr. Yom Tza-hing, of 185 Tal The following dividends were yield at this price is about 64 per

Wan Street, Shamahiripe, bought the third lot, No. 2824, situated at Argyle Street, Kowloon, for the tractive in these days.

upset price of $27,625. It has an area of about 52,250 square feet, realising an annual rental of $380.

For the information of visitors the following Hat of some of the highest points on the Island and Mainland ts published:--

Shanghai

Bingapore

Bourabaya Bydney Tianiala Tokyo Teinanto Tsingtau

Island.

Fert

Victoria Peak.....

1823

Signal Station

*1774

Mt. Parker W

1734

Mountain Lodge

1725

The Eyrie

1725

Peak Hotel

1805-

Talkoo Sanatorium

1000

Mt. Davis

877

Vindivostock

*(Timporarily ・chored) interest: allowed on Current As- mounta

Deposita recerred for fred perioda at rates to be obtained on application.

K. HORË

Manager. Hong Kong, 10th ́ March, 1930.

Bowen Bond (filterbeda) 297.

Mainiand

Kowlaga Peak

Talmonhan

Feet.

1971 8104

THE INDUSTRIAL & COMMERCIAL BANK. LIMITED.

HEAD OFFICE: 12-14 Queen'a Road. Central,

Hong Kong.NE

BRANCHES

Shanghel, Hankow, Canton,

pe Kongmoon/en det et CORRESPONDENTS

the jurisdiction of the King's courts, and when we hear what does happen when the umpire is asked to state that question of law, and when we know the facts of the particular case

[Continued on Page 5.)

PORUKAILAN MINES.

satisfactory report.

Insurances Canton

An all principal cities of the work. The total output of the Kallas cont, a return that is doubtless at. declared during the month:

Every description of Banking and

Exchange business transacted We Mining Administration's mines for offer prompt and personal service the week ended May 10. amounted TIENMU K. LIN, to 119,688 tona, and the sales during

General Manager, the period- to 104,288 tons.

Union Waterboats and Hong Kong Docks were in strong de mend. Waterboats rose from £28

Humphreys Eatate 80 cents. China Light & Power-cents 25 (old)-centa 03.22 (new). Canton Insurance-345. China Fire Insurance-$18.

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