名
HONG KONG AND SHANGHAI BANKING CORPORATION.
bucions Copil 10,000,000 brand and Yulty Peld-up quem 36,000.00 konery Puns —
------- #05,500,000
NATO
teas 14 (12, 150,000
Acarya Ulability of Propetators ...... $it,800,NON
HEAD OFFICE, HONG KONG
BOARD OF DIAZOTORR
3. A. Mummar, Eeg.
Chairman.
2012, Mr. U. 13.8. Maneki-
Dapy Char
M, H, Bell, kang
A. I. Cumpton, key.
19. Laudar Lewis, Keş
4. Allahin, Kay
WEDI
BANGKOK
BATAVIA
HOMBAY
GİLJUTTA
IXTON
112700 BOLOMBO
BOLIG W
DAITHONG
HAMBUZ
Hon. Mr. J. J. Paterano.
T. E. Posca Bad
T. I. 2. Mhaw, Kay-
J. P. Wures, .
Chief Manager,
V. M. Braytara, Kaq.
BRANCHES!-
LONDON
LIONI
MALACOA
MANILA
ATUAM Głuhuzaį
MUKDEN
NAJABARI
NEW YORK
PEIPINO
PESANU
BANGOO
BAIGUN
SAN VRANOIDES BRANGHAI
HANKOW
ALBIN
KONGEZW
SINGAPORE
KUILO
BOURABAYA
GUNGEI PATANT TIENTSIN
1 Sibu fao
100
40
AUWLOON
AVALA LUMPUT
YOKOHAMA
Per 30s (zie opened ja. Lonal Currens? sta Fland Baporita racwived for dra jane Di jateks pertele ja Loral Kuttanny nos shiling
wil be quoted on
Huang Kong, 1%. Apoi, 19,
HONG KONG SAVINGS BANK.
The Busquen af jks above It is soodus
by sha1ONOHUE AND AKANGHAJ
ALIŽING CORPORATION,
audined on application
Kudus may b
FOR THE HONG KONG A SHANGHAI
MASHING CORPORATION.
V. M, DILA V RURN;
Chief Munagar,
Mung Kong, 17th Niuch, tus,
NEDERLANDSCHE ̈ HANDEL -
. MAATSCHAPPIJ, N.V.
(NET¤ERLANDS TRADING SOCIETY) BANKIES.
Established 1934.
Wong Kong Clan:-) Queen's Blood Conarul.
tatorio Capital ........ Buildare 110,000,000-
(11.100,000.
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.
Incorporated by Royal Charter, 1858. HEAD OFFICE: LONDON. Paid-up Capital
..£9,000,000
Reserve Fund
.£4,900,000
Reserve Liability of Propria-
tors
.£3,000,000
•
Agencies and Brunches:
KUCHING
ALAR, STAR
(Steiny Blabog'
AHISAR
DATAVIA BOHUT
CALCUTTA CINTON
CAWNFOER
0300
COLOMBO
DUBEN (Dolny
Beuth Manchuria DELILL
HAIPHONG
HAMBURO-
HINHOW
ADDIN
(N. Manoburial
RÙNG RONG
ILOILO
2200
KABACELA
KLANO
UDE
EPALA KANGSAR
Jak (P.M.B.)
KUALA LUMPUR
MADHAN
HANILA
KEDAN
NEW YORK
PEKIKO
PENANG
PERLAWAR BANGOON SALOON
SEKARANG BEREMBAN SHANGHAI SINGAPORR BOURADAYA TAIPING
PAVOY TIENTSIN 70XYO
TONGKAH (Dhuter; THINGTAD
YOKOHAMA
ZAMADANGA
(Philippina Islanda)
THE CHINA MAIL.
and
Commerce
Finance
WORLD TRADE SETBACK.
Influence of Idle Gold.
· IMPORTANCE OF THRIFT.
Success of National. Savings Movement.
The fiftieth annual Burma din- There was a large and representa- ner was held on June 5 in the Con- ing of the National Savings Baught Rooms, Great Queen Street, tive attendance at the annual meet- London, W.C. 2, the Rt. Hon. Sir Movement held at the Mansion Robert Horne, K.C., M.P., presiding. House on June 3. The Lord Mayor, The chairman, proposing the toast who presided, mentioned that the of "Prosperity to Burma," said tales of National Savings Certifi- that in Burma in recent times they cates throughout England
and would find difficulties which had Wales for the year ended March 31 confronted the rest of the world in last exceeded £52.500,000, while, for the way of trade. He was talking the same period, the sales through- now in the City of London at a uut Greater London were well on Kme when there was probably a towards the £13,000,000 mark. Up greater feeling of depression than to. March 31 the amount loaned to Manager.yone had ever known. Burma local authorities was over £8,780,-
Foreign Exchange and General Banking business transacted.
Current Accounts opened and Fix ed Deposits received for 1 year or shorter periods at rates. which will be quoted on application.
A. H. FERGUSON,
Hong Kong, St. Jancary, 1929.
had been affected, like all the othor 000, countries of the world, but he was glad to say that Burma had not THE HO HONG BANK, LTD. been seriously depressed as some
Authorised
!fasued
Paid-up
Resurve
(Established 1917.)
CAPITAL.
Liabilities
of Shareholders. Surplus
HEAD OFFICE:-SINGAPORE Branches, Agencies and Correspon dents in the principal cities of the world.
Every description of Banking and Exchange business transacted.
TAN ENG HOOL
Manager,
other countries had been..
No doubt if they Contrasted her present state of trade with what .Straits $20,000,000 was going on a few years ago they
8,000,000 would find
a considerable decline, 4,000,000
but they must take the fact into 4,000,000 account that Burma a few years 2,520,000 ago enjoyed
an exceptional pro- sperity, and while to-day Burma was depressed, at the same time she was not suffering half so badly as she might have been.
"Why are we suffering to-day?" he asked. The reason,
as he Judged, was that there was a vast amount of gold in America which was not performing the function that was required of it, and not only AMERICAN EXPRESS COMPANY, in Americs, but also in France.
These countries, as they knew, had been piling up gold over a period of three years with a cer- tain object in view, and a large pro- portion of that gold had ceased to perform its proper function. "If you can cure that situation," Sir Robert said, "I belleye that you can completely alter the aspect of affairs, and bring back a condition of prosperity."
THE
ING,
Head Office: 65, Broadway,
New York.
Reserves
U.S.$6,000,000 .U.S.$1,372,454 U.S.$1,008,209
BRANCHES:--
Billy Capital main Gulidarian 100,000- (24,060,867.) Baner Fund
........ Dulllars $0,000,000- (£1,500.}
Capital Surplus
Aussenaa
Nutwerp
-Athens
Fietst 4+6
Flats 21
The fir Braz
P Paris Kenang
B
Easterheri Jeruzalems Lábs
Lexing Palerma Interfa
Bermel
1oln]on
Buenos Aire
verroal
Latestan
L'aruf
Turgutx
{"
Listor
Codrone
Harvester
дефини
Act. Manger.
Edinburgh F Kempta
Brunches
Elsa
AMSTERDAM"),
Zasier Hood Odor-BATAVIA, MEANONES :—Bandjarmasin
Bandong) Bombay, Caloutte, Cheribon, Deber, Dio jukaria') The Hague'), Jeddah, Kobe, Kos-Hadja, Makassar, Mačas. Padang Palembang Pekalongan. Penang, Booklasik, Bingson, Botterdam"), Semarang, theschel, Bibolga (Sumat) Ringapore, Pourabela, Mora (Bola). Ten Tilktop and Walserreden.")
Them alom bave sile deposià bozma, ia las Kataden Bankers :--Nailonal Provincial Bish Led. Berrespondents all over the world
Beaking business of urary description bed.
A, STOKKINK,
Hong Kong, 15th April,1039
BANQUE DE L'INDO - CHINE.
HEAD OFFICE:
96, Boulevard lausuman, Paria.
Ces ermopla
Stone Cas
Manila
Munich Wanterns Stilkn
Mumboal Sangboi Sontharup on Sungspote S. Mod Tamsin Virtua Venice
Yobolamy
2. rich
Sir Herbert Samuel spoke on the urgent importance for national thrift, especially at this period of national difficulty. He was inform- ed that up to April last the total stupendous figure of 962,159,000, sales of Certificates had reached the representing a cash value of £755,- 337,000, while the estimated amount remaining to the credit of investors. including accrued
interest. nearly £500,000,000.
FRIDAY, JULY 25, 1930.
HONG KONG MARKET PRODUCE.
Hest Sirloin'
APPROXIMATE RETAIL
牛牛
July 17, June, June,
PRICES.
July 17, June, June,
Butcher Meat.
1930, 1918 1914
Cta. Cta. Ct.
Poultry.
1930, 1918. 1314,
Cts. Cla. Cla
4
lb.
30 24 12
Chicken
ib.
31
H
Prime Cut
30
28
10
11
Capons, Small
Corned
"
3D
28 18
H
Hoast
**
30
30
24
J
22
Dock
36
H
'Breast
21
TA
28 20
38
Dores
22
21
25 26
18
30
24 22
Eggu, Hen (freah)
20
44
80
35
Fowls, Canton
24
38 26 20
Fowls, Hainau
per sot 15
10
12
Goeso
each 85
80
60
Pigeons, Canton
A
D
Here
60
Holhow
H $1.00
-$1.20
lb.
24
Turkeys, Cock Turkeya, Hen
Stup
Steak
H
Steak Sirlon.
» Sinsages
Block's Brains ...........
Tongue, fresh Tongue, corned Hond
#
#3
Heart
Hump, Salt
Fect
Kiduay.
Tail
Liver
Tripe
Calves' Head & Feat Mutton Chop
Pig's Chittings
+
#
Brains Fect
Fry
Head
Heart
.2
H
Kidney
Was
Liver
Pork Chop
30
Leg
Lein
H
Fat or Lard
H
That was a splendid record, but it was essential that the nation should do still better in this direction.
Genaral Seely, who also addreased
E
sach 10
20 18
10
12
15 10
12
$1
25 20
22
lb.
24 19 11
Capons, Large
Egys, Hen. (cooking)..
肥躲
新鮮鸡蛋
per doz. 33*
海口
-18 14
Snipe
Pheasant
Quall Partridges
Fruits.
N 10 6 7
Went $1.20 $1.00 $1,00
價
$ # -5
**
Coconuts.........
Lemons, China ............. *.
BB SKNEE IIKIABEZ
ench
|| || 8.6 ៦ ៧ ៨ ៩៖ គឺ ឌី,ទ
*****88*21ST
35
45 .24
each 40
ཀ ཕྱེ བ ཥསྨིཾ བ བླརཚོཧྰུྃ
each
pair
each
32
mlb.
each 12
MOBI
"
ཨྠ སྐྱུ ཚ } ཤཱ | 7 | | ]" །
35
24
4
12
ུ ྂ ཿ ཨཱ ྂ| ༄⌘ | ! | - སྐྱུ=ཁྭ | |
24
24
45
"
Leg
排
ib. 30 26
30
26
".
H
Shoulder Saddle
#
Almenda
30 24
*
Elb
获
32.
Apples (California)
金山鄰心
#1
30
27
Bananas (bride's) ....
燕山香藥
w
Per set 8
12
Carambola.................
1h.
機
15
15
#
11
28 15 18
F each 13 10 10
11
18 20
12
25 30
mach 15 30
10
Lemons (American)
13
ม
10
B.
Lichees, Dried
45
30
24
荔枝午 Ib.
25
30
35 25 23
17
Oranges (Canton) ...
36
13
Orangen
#
15
12 60 70
21
**
21
頭鄉 per sat B0
60 70
花 #
12 30 12
ench. 10
8 7
Persimmone, Larga
#I fili
12
14 12 10
Plantain
36
#
26 25
26
25 22
Pumelo, Siam
*.. #
Beach 18
6 8
12
6
24 30 20 18
Mutton
1)
•
28 26
26
Walnuta Grapee
+
$16.
18
16
*
55
牛仔肉
20 20 20
SHULATOR
28
No. 1.
82
Vegetables, &c.
Fish.
屁
Heart
19
"
Kidneys
Liver
the meeting on the advantages of Sheep's Head & Feet - national saving, mentioned that the amount of money invested in Certi- ficates was larger than the pre-War debt of the country by nearly a Sucking Pigs, to order hundred million sterling. Though Bust, Best the savings movement was begun as a War-time effort, by far the Veal greater part of its achievement had been done in the post-War. period. There were now nearly 30,000 Savings Associations in existence.
Sir Wm. Plender gave a number Barbe of figures in regard to the City of Bream
זי'
Fish
London, and said the sumber of Cantes Fresh Water R Associations now in existence was over 700, with a membership of Carp Was there a prospect of such a 17,600. chance taking
Catflah Mr. Ben Turner,. late Secretary Codfish place? He would like to give them some cheery mes- for Mines, said that unwise spend-Crabs sage upon this matter, and he ing was waste. "In these dark days Cuttle Flak believed that there was a prospect. we requirs the same kind of patriot- An International Bank was being ism as was exhibited during the set up, the primary object of which dark days of the War. I am afraid was the curing of present problems. we are not as careful we ought If that International Bank function to be, nelther Individually nor ed properly it ought to be possible collectively. There has been ten
Dab Daco
Dog Fish
Fels, Conger
Fresh Water
07
of American Express for them to make a complete change hot a pursuit after costly pleasures. Yellow Company in Principal cities of Unit-by making gold in the world per In all circles there seems to have!
ed States of America and Canada.
All classes of Commercial Banking form Transactions undertaken.
Personal
Subscribed Capital Pre. 72,000,000.00 Paid-Up Capital ...Fra. 68,409,000.00 | handled. Boserve Funds Erg.102,000,000.00 |
Bangkok
BRANCHES:
Hong Kong Quinbos Saigon
Battambang Hus
Cantho
Caston
Djibouti
Fort-Bayard
Hulpboog Hankow Lano!
Mengtze Shanghai Nam Dinh
Neumea
apeste
Singapore Thanks Tiuntain four as Inon-P. và Vinh Fondicherry Yaurantu BANKERS:
Poking
IN FRANCE: Comptoir National d'Escompte de Paris; Credit Lyonnais: Banque de Paris et des Paya Bas; Credit Industriel et Commercial; So- ciete Generala
IN LONDON: The National Pro-
investment
accounts
The Company offers to intending Travellers the use of its "Traveler Cheques" and Letters of Credit and, baddition, the world-wide services of its thoroughly equipped, Travel De- partment,
Affliated with
THE CHASE NATIONAL BANK Resources Over G$2,500,000,000
E. W. DUGGAN,
Manager.
vincial & Union Bank of England, THE BANK OF TAIWAN, LTD.
Ltd.; Comptoir National d'Escompte de Paris; Credit Lyonnais,
IN NEW YORK: J. P. Morgan & Co: French American Banking Cor- poration; Guaranty Trust Co. of New York.
Interest allowed on Current Ac- counts and Fixed Deposits according to arrangements.
Every description of Banking and Exchange Businert transacted.
Bafe Deposit Boxes to Int.
A. LECOT,
Manager. Hong Kong, la May, 1929,
THE YOKOHAMA SPECIE BANE, LIMITED.
Established 1880.
Capital (fully paid-up) Yen 100,000,000 Reserve Fund........ Yen 111,600,000
Head Offos-IOKOHAMA,
Branches and Agencies at!
Nagoya Newchwang New York
Batavis Bombay
Closed)
Carutis
Paking
Changchun Dairis (Dalny)". Manatim (Mukden) Seattle
Bangoon
:
Rio de Janeiro Baigon
Han Francisco Bamara Shangbal
Home Lone
Bingapore
KAI TR
Hamburg Hankow
London
Leona
Interest allowed
·Deposita received ɑrates to be obtai
Boerabaya Sydney: Tientsin
Tökrő
Talnanda Tangtan
Vladivostock
(TAIWAN GINKO)
HEAD OFFICE:-Taipeh, Formosa.
Incorporated by Special Imperial
Charter, 1899.
Central Base in Focus
Frogs
Halibut
Labrus
form its proper
function, which been a bolsterousness In the spend- Garoupa its proper function, which ing of our individual and national Gadgoon was to create exchange among com- resources, and we are being forced Herrings modities.
to recognise it is time to pull up.."
DEATH DUTIES. Loach
TREASURY AND PRIVATE COMPANIES.
RUBBER INDUSTRY,
RESTRICTION IN DUTCH EAST INDIES:
Lobst
Mackerel
Monk Fish Mullet Oysters
Prawna
Amsterdam, Yesterday.
As foreshadowed in The Financial Parrot Fink A communique states that at a Times of June 6, a second White Perch ducers last week, 112 producers; re- the meaning of Classes 29 to 83 of Plaice meeting of Dutch rubber pro- Paper has been
issued to explain Pike presenting a production of 38,905 the Finance Bill, which are designed Pomfret, White tons, 'declared in favour of pro- to prevent legal avoidance Pomfret, Black posals by the committee of Dutch of the death duties by th rubber producers to negotiate transfer of assets to companies. Ray with the Dutch East Indies Govern. The whole object of these clauses is Rock Fish restriction for ment for the purpose of achieving to get behind the legal forms that Roach
all rubber produ- have hitherto made avoidance pas-Salman cers, including native, to seventy- alble. It is not likely that the ex- Shark five per cest. of the 1920 crop.
planation given in the memorandum Skate Twenty-one
producers voted will allay any of these anxieties Shrimps against the proposals representing that were. excited by a perusal of Snapper a production of 25,992 tons,
in the clauses.
Soles cluding 11,800 tons belonging to
The object is to ensure that death Tonch
own fac- tion of the assets of a company Turtles, small, fr. water
where
(a) The testator has transferred
Bank-Not lapad Average amounts. 43,00 American producers who work duties shall be paid upon a valua- Turbot
DRANCHES AND AGENCIES:
ZAPAN:---Tokyo, Iškabama, Robe, Genka.
Kad, Karenko,
up the product in their Etories.-Reuter,
Making Hauto,nchika, Taion, Teisen Taks, Tammal, Tose, Histo, Taim Braley, Cumica.
尾肚水
# #
#*
魚魚魚魚魚 魚 沙鳘魚绀色斑魚白甲花魚蝦魚魚魚蝶魚糸魚餄跄蝦公象鋅魚 27IRIANUS KELKYB 4-123 W X 18 1 SUBSOZREJEERESELEEHERN
公班
班
魚魚魚魚脚
:
하
1
Poars (Canton)...... Peanuts
Long
***
each 12
1b
6
12 12
8
✪
Artichokes.
Beans, Sprout
Beet, Root...
Bitter Squash
Brinjala, Green
Red
Cabbage, Chinese ..........
Cane Shoots, banch
Cauliflower (Large) .. KBSE each
"
(Shanghai)
Red
Green
竹类气设瓜瓜瓜集來笋花花花笋菜干椒椒料瓜頭賓 米桑時降.阿頭菜鳥仔
Curry Stuff, English.... RA;
Ginger, Young
Old
Horseradish, Shanghaf
Indian Corn
Water Chestnuts
H
嫩生
Mandarin. EE
Mushrooms, Fresh
寇
~~*~ || | || | ---- |
15.
42
16 24
35 20 16
34
36 13
10
36 16
27
34 12 9
42 16
17
30 23 20
89 16 +27
33
23
10
22
20
(Medium) (Sruall) ..畑糖榮花
E
++
B
Carrots
34
10
8.
4 lb. 12
5
6
35 10
Celery, Chinese ......
10 10
33
10 8
Chillies, Dried
#T
30
26
72
20
30
H
20 10
74 32 25
海花椒
14
B
时
30 40
10
30
#
30 22
18
Cucumbers
6 2
H
35
13
Garlic
9
0
23
15
7
H
36 18
15
17
31
66 32
10
13
#
30
50
#
22 21
84
32 21
T
40
s
20 20
84
13
I
2
36
· 12
2
32
14
9
Okroes
P
32 30
16
35
#1
16
Onlons, Bombag
D
洋想
Green
+
86
26
20
Shanghai
42
36
80
上海葱頭
35.
Parsley
36
45
芹榮
20
B
Potato, Sweet
4
3
62
10 34
Japanese
22
10 -14
日本仔
4
ย
American
"
30
13 18
金山薯仔
*
Pumpkin
5
32
22 10
Radish
00 86 80
紅獅仔
Rhubarb (Fresh)
22 8 ·10
Shallots
·10
22
10
10
Spinsch
8
H
45
32 80
Tomatosa
12
4
40
28
28
Tares.
6
7
12 20
28
Turnips, Panti (Long)
T
35
23 85
Vegetable MarrOW
8
4
35
18
ま
Water Cres
15
95
40
Water Lily Roos ....
15
CHINA Anghel, Hathor, Amor, Foook THE BANK OF CANTON, LTD. his assets to a company but has Winston Churchill. The second is tax law. DTHB Hong Kong Bags, Barrabera
Samsung Bab
LONDON BANKERS!
The Leados County Weskalustee and "Puer's Bank,
The Each the Corrorpvodects in all the pria- oyal Comisarial Centre throughouá tha wack.
LEIGURA
HONG KONG BRANOWI 1.
Mon
Aina Yount Boud Central 13 January, 1998.
THE BANK OF CHINA.
行銀國中
Reorganised October 20, 1938, under special charter of The National Gof- ernment as an
kahind 1019
Head Office: HOBI KOOL assend Coliai (H.E; Gantasy) -B, M_
KAKOBE 1
100,000
walow
Basket. Name Your and Fade
LANDON BANKERA (~
The Lloyds Bank Lakmé. COREYAPONDENTS
Is Alf petecipal disken i
¶nge and bakka. Kondzaan ot
"ate Depod Bores (various fawn) sà a yously
LOCK TUONG THAN,
Chiat Manager, Hong Kong, 14th May, 1980. THE BANK OF EAST ASIA, LTD. HEAD OFFICE: HONG KONG. 10. Des Voeux Road Central, Hong Kong
Income
tax
Lettuce
to
to
生
40
12
1
10
4
UNCLAIMED TELEGRAMS.
THE EASTERN EXTENSION AUSTRALASIA & CHINA TELEGRAPH CO., LTD.
James Street, Peninsula Hotel,
from Shanghai.
Kakukinman, from Keelung. Louis Poshan, 4A, Des Voeux Road C. from Lima.
retained, or been given, the right to the system by which the accounts Serious obtain benefits for himself during of a company are to be considered as to
objection JB. taken the his lifetime, and
finally closed, or liable to be reopen-as
fact that the clauses (b) The price of the testator's ed, according to the proportion of two
they stand will lead shares in the company-as disclosed its
methods of calculating by dealings in them does not re- individual.
obtained.....by anthe same thing according to the
particularly which pass with those shams upon tained by an individual which may the present the full value of the rights;
that la The third is that the benefits ob- be levied.
The following unclaimed tele- The variations in grams are lying at the E.E. Tele- his death.
method of. entail the reopening of the ac-Income
calculating. To obtain these results, the Chah-counts include such things as salary burdensome.
graph Co. Office, Hong Kong:- are thought to be cellor is effecting a minor revolu- for
There is the great-
Farnham, Kowlatel, from Shang- services rendered, and tion in the principles of tax col when the accounts are reopened the ferent definition of a private com- that est objection also to having a 'dif-
hal.. ,lection and assessment. Under calculation of benefits made to de- pany for purposes of estate duty Clauses 29 and 30 no company is termine the share of the assets of from that which is in use for pur- affected unless the transfer of pro the company that passes upon the poses of super-tax... consideration or if the assets transdiffers materially from any calcula- remove from the Bill the new de party was otherwise than for full death of a particular! Individuel Particular efforts will be made to ferred consisted of a business, and tion of Income that would be made finition of the private company so unless the transferor has obtained for purposes of income tax
that the definition for purposes of benefits at the expense of the 'com-
There are many things in these estate duty may remain where it pany during his lifetime. Under innovations that excits apprehen- was left for purposes of super-tax $10,000,000
5,000,000 Clause 32, which deals with the ston. 1,750,000 valuation of shares, these safe of us litta an 80 per cent. of the is even possible that the Opposition It is felt that the receipt by the Finance Act of last year... It Batavia Melbourne San Francisco feror has during his life been in a particular individual should not im that definition as well as ita ap guards do not apply if the trans annual income of a company by a may offer some alight extension of Bombay Nagasakf Calcatta New York Fémarang
position in which he could control pose these labilities on the company plication for the purposes 4 Queen's Road Centra
Canton Goka
the company or the distribuilon of after his death particularly as estate duty.
of The following unclaimed tele Owing to our numerous branches it smolaia
Haiphong
profits.
grams are lying at the office of China and large connections in the Kobe
the receipt of 80 per cent in any Undoubtedly there is a pos- the Great Northern Telegraph Three Features. Important commercial centras of the Kowloon
one of several years is sufficient to sibility of some compromiso ar- Company (Limited) of Den- world, we are able to axtandito our London Silgon
Rangoon
Three things are particularly inpose the liability under these rangement being made during the marki Clente apedal Lacilities for domestic Manil
noteworthy in the memorandum. clauses, Shanghai
course of discussions in the Chun Fo. Po Co., from Shanghai. One is the declaration of intention It is also felt that remuneration House of Commons. But it is be Correspondents all મા
respondent in all principal to bring within the category of for genuine services rendered should yond question that there is
INTERNATIONAL EXCHANGE
BANK Subscribed Capital ...$25,000,000.00 Paid-Up Capital Reserve Funds
....$26,710,200.00 Authorised Capital ..........# 8,820,503.82 Paid-Up Capital
HEAD OFFICE: SHANGHAL
HONG KONG BRANCH:
and foreign banking and
We are handle, the aide and ather Pobile Funds of the erd-Government both at home and abroad
BEQU J. CHEN,
Reserve
BRANCHES AND AGENCIES
Beattle
Singapors.
Polping Penang
Saurabaya Sydney Talpen
Tintain
Exchange inngis transiti
Every detaiption of Ban
unted on capproved
SAPE DEPOSITS E
$.,LACK,
Superintendent. Hong Kong, July 24, 1930.
THE GREAT NORTHERN TELEGRAPH CO., LTD. OF DENMARK.
Ragwort, from: Shanghal Lyman, Dairy Farm, Unimant, from New York.
and private companies for purposes of not be accounted a benefit within strong feeling that the multiplica Loan taxation companies which hare not the meaning of the clauses, Per- tion of definitions will be confusing Shanghal
hitherto been to described, even in haps the greatest objection to the end that the definition as present to prevent avoidance clauses as they stand is the fresh contained in these clauses is too
from
EV. JESSEN,
Superintendent