Page

HONG KONG AND SHANGHAI BANKING CORPORATION.

Butbochons Cupto

Sameera Panda 1--

#0,300,000

------- $4,500,000

Hierro Liability of Proprietors -- 836,148,000

KHAD OFFION, KONG KONG

BOARD OF DIRECTORS 201

2. A. Flammer, Kan.

Chairman.

ilon. Hi, 0, 0. 8. Mackie

Depuis Obstr

Meheball, Boq

2. 11. Umpiau, Kau B, Landes Lewis, a

CA. MIKIN, 159,

MOY

BANGKOK MAYATIA

MODERAT

SALJUTTA

BATTOK

BEX200

POLOMBO

Hoo, M. J. F. Paterson.

t., Big

-K. EL. 76. khaw, Ka),

J. P. Warren, Te

Chief Ming,

V. M. tinybun, Ret

BRANCHES:-

LONDON LION

MALADOR

MANILA

MUAR (Fahora)

MUKDEN

РИЛАХО

BANGUON

BAIGON

KAGABAKI

KEW YORK

PAROK

POKROW MALPZONG

PRIPING

MAMBURO KANKOW MARDIN

BAN FRAKKINGO

MONOXI

ILOILO

ΠΡΟΣ

FONDAN

MONI

KOWLOO

KUALA LUMPUS

BHANGHAI

SINGAPORE

BÖURABAYA

BUKURI PARANI - TARKTUIM

TOXXO

TSINGTAO

'YOKOHAMA

Case opened in Local OutreacY BC Dopolia received for ass your se suwur partake in Local Currency and liberting menlik will be quoted in applimailem. £lung Amok, Int April, 1991.

HONG KONG SAVINGS BANK.

The Buszmer of the shore Bank is goodnot- BONG BOMO AND SHANGHAI WAXING CORPORATION. Bolan may be samland on application.

FOR THE HONG KONG SHANGHAI RANKING CORPORATION.

1. M. CIRA VUURN,

tung Kong, 17th starch, 120,

Chlef Manager.

NEDERLANDSCHE HANDEL - MAATSCHAPPIJ, N.V.

(JETA ERLANDS TRADINO ROCHIETT) *BANKERS.

Established 184.

0500:-11 Queen's Bond Central. fathered Capital Oulidace 100,600

(42900,808) Pull-Up (aplial Guildsen 000,896- Makers Fazd ........ Qulder

4,000,000 (£3,253,008.)

Bad Of-AMSTERDAM”). Maine lead Ofɑ-BATAVIA, GRANOLKA :—Bandjaronais. Amadorng") Bomb BY

Cali, Cherikon, Djamber, Djok- jskaria') The Bagua'), Zeddah_Kobe, Love Hadjay Baterie, Medan, Pažang Palembang. Takaloogan. Parang. Portaat, Sangoon," Boštardam').

Bibol Patatang Shanghai, Įdomaten), Bingapore, Forum, Koersicaria (Bola), Topal, Tikkag and Weltevreden.')

box to los,

Koging Maskare :---Naaloosi

Surrepondente ali szer the world

Banking business of sever Loription transacted.

Hong Koax. 15th April, t

A, STOKKINK,

Act. Manager.

BANQUE DE L'INDO - CHINE.

HEAD OFFICE:

96. Boulevard Hausman, Paris.

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

Incorporated by Royal Charter, 1953. HEAN OFFICE: LONDON. Paid-up Capital .. ....£8,000,000 Besarve Fund..

..£4,000,000 Reserve Liability of Proprio-

tors

Agencies and Branches:

ALOR STABL

BANGKOK BATAVIA BOMBAY

CALOUTTA

ΟΣΙΟ

COLOMBO ..

DAIREH (Dalay

Hou Manchuria)

DELENG

HAMBURG HANKOW

LIARSTN

(2. Manchuria)

EONG TONG

ILOILO

IPOTI

ZABADE ►

KLANO

KOBB

KUALA KAKOB

Pork (F.M.8.)

PEXING

PENANO

PESHAWAR BANGOON BALGON

NEMARANG GEARKBAN

BRANDULI

BINGAPONA. BOURABAYA TAIPINO.

TAVOY

TJASTBAN

TONGKAH (Baka

TUINGTAO

YOKOHAMA

SAMBOANGA

(Philippine Islands)

Forelga Exchange and

Banking business transacted.

MERGER.

PLANS DISCLOSED.

THE CHINA

MAIL.

Commerce and Finance

New York, Yesterday.

U.S. EXPORTS. ⠀·

DROP OF $34,000,000.

⚫ Washington, Yesterday,

The official figures show that! American imports and exports

Plans for an oil merger with total assets exceeding one billion General dollars have been disclosed by the with Europe for June declined by calling of a special meeting of the $30,000,000 compared with June

Current Accounts opened and Fix.

Manager.

A. UL. FERGUSON,

Hong Kong, Sta January, 1029.

THURSDAY, AUGUST 14, 1930.

HONG KONG MARKET PRODUCE.

APPROXIMATE RETAIL PRICES.

Aug. 8, June, June,

ib.

J

Aug. 8, Jane, Junė,

1930. 1918, 1914

Cls. Cle. Ct

30.31

223 30

28, 30

Roast

Bullock's Brains .....

H

each 65

Eggs, Hen (cooking)..

Snipe Pheasant

Quall

Partridges

Fruits.

口味爽

́DA ANNER #ELESERR

4 1 1 1 8 8 8 8 8⠀⠀⠀⠀ID

ឌទ ខ ៨៨ | ៩ ៖ | | | | } }

.£9,000,000

KUALA LUMPUN

HUGE AMERICAN OIL GRAVE DECLINE IN

Butcher' Meat.

1080. 1918. 1914.

Cie. Cla, Cie.

Poultry.

(Malay Brakes)

KUUBING

AMBITŠAN--

MADRAS

Beat Sirloin .....

中尾靶

6.

30

24

12.

Chicken

MANILA

MEDAN

Prime Cut

90

29

11

Capana, Small

NEW TOAK

Corned

18

Capons, Large

览杂竊

80

24

22

Total Assets Exceed One!

Billion Dollars.

Heavy Decrease in Trade with Asia.

Duck ..

22

Breast

28. 20 18

Doria

teach 30

22

Boop

25

20 18

ner doz. 33

18

Steak

80

22

Eggs Hen (frand)

新鮮期蛋

25

20

11

Steak Sirloin

44

85

Fowis, Canton ..........

本地Ib.

36

SAUBEZE

38

20

Fowls, Hainan

85

por. set 15

32

Geets

*

2.4

#

Tongue, fresh Tongue, corned Hond

60

Pigeons,,Canton

each 4080

F

Hothow

28

$1.00

-$1,20

w

Eleurt.

lb. 24

· 14

Turkeys, Cock Turkeys, Hen

3b.

01

Hump, Salt

*

J

18

cach

Feet

each 10

12

pair

189

-Kidney

18

12

each

Tail

25. 20

22

Liver

24

14

10

7

#set #120 61.00 $1.00

# lb.

36

26

34

32

.30

Bananas (brida's).

Per met 8

12

Carambola...............

Feet

18

Coconuts.......

H

Fry

23

18

Hend

18

Heart

each 18

10

10

Lemons (American)

п.

Kidneys

13

B

M

Lichten, Dried

Liver

46

24

Park Chop

糕排

Oranges (Canton)

新合器證

36

23

#2

Leg

86

Orangos

**

Loin

42

60

70

Fat or Lard

24

to

Pears (Canton) ...... Peanuts

#

*

羊脚 per set 85

70

each 12

7

Persimmons, Largo ..

15

10

Plantalu

*

40 20

25

26 25

22

Pumelo, Siam ................ Walnuts

Anh đã cách 18

80

18

合桃级

18

36

26

11

22

20

28

82

ed Deposits received for 1 year or shareholders of the Sinclair Con last year, while exports from Asia shorter perioda at rates which will solidated Oil Corporation to to the United Statca fell, by: be quoted on application.

authorise the issue of 5,000,000 $34,000,000. This is partly attri- Tripe new preference shares and sale for buted to the slump in rubber. The Calves' Head & Fost.. $72,500,000. Certain corpora- United States exports to South Mutton Chop tions hold interests with a view to America for the same period fell a huge scheme of expansion, in- from $49,686,000 to $27,635,000. cluding the acquisition of the Reuter's American Service. Prairie Oil and Gas, Prairie Pipe- line and Tidewater Associated Oil Companies. Reuter's American Service.

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

Authorised fasued

Paid-up

Reservo

CAPITAL

.Straits $20,000,000

8,000,000

4,000,000

4,000,000 2,526,000

Liabilities

of Shareholders.

Burplas

HEAD OFFICE:-SINGAPORE, Branches, Arencies and Correspon- denta in the principal cities of the world.

I

Every description of Banking and Exchange business transacted.

TAN. ENG HOOL,

Manager.

THE

TOBACCO TAX.

CLOSING OF BRITISH FACTORY.

SAFEGUARDING OF HOME INDUSTRIES.

Nottingham Workers' Demonstration.

A demonstration of nearly 20,000 workers in the safeguarded indus. trics took place in Hyde Park on

119

Leg

Shoulder

Saddle

**

Pige Chittinge

+4

'Brains

June 28, to protest against the pro- Shoop's Head & Fees posed removal of the safeguarding duties. Employers, and employed from all parts of the country were.

Heart

114

Kidneys

Liver

present and Conservative M.P.s Sucking Pigs, to order were with trades union leaders on Suet, Beef ... a common platform.

Tientsin, Yesterday. Commenting

the on

closing down of the British Cigarette Company's factory here, as the re sult of the recent taxation de crees, Mr. Soo Helang-ahien, Secre- AMERICAN EXPRESS COMPANY, tory of the Chihli Tax Bureau, saya,

"We can do nothing in the mat- The demonstrators marched with Vea! ter: wa are merely following Yen banners from the various assembly.. Hai-shan's Instructions."

points to Hyde Park. Sir Henry Questioned about the repudin- Page Croft, M.P., who presided at tion of

taxation the principal platform, said that the existing agreements, Mr. Soo stated that every safeguarding trade was repre- Barbel agreements concluded

the sented, and 15,000 delegates de- Bream

INC.

Head Office: 65, Broadway, New York.

Capital

Surplus

Roserves

Amsterdam Auvery Athuani Buto Beelin

with

Nanking Government cannot bamanded their right to pursue their Canton Fresh Water considered valid in the Northern territory.

.U.S.$6,000,000 .U.S.$1,572,454 .U.S.$1,908,209

BRANCHES:-

Lisnan Glasgow

Sice

Ila

IMPTILE

Bambuny

Ilramou Brumels

Bunbon Airen

Latrore

Lugano

itor

Naples Piturun Inzia, L'enant Jinx Fetermo Kuttandem Hutha

inhoud Fanghel Forthampton Kingapore

Marsellen

Monte Carlo

Tientein

Manila

Vietna Venice

ickolama Zarleh

lawful' occupation protected from the blast of sweated labour and It is estimated that the stop- dumped Continental goods.

will page of the tobacco trade

Every minute day and night cause the Northern authorities a £500 worth of foreign manufac- loss of more than half a million tures were pouring into Britain, and dollars monthly in tax revenue. these £500 worth of goods meant the The closing of the B.C.C. fae-employment of two foreigners all toly throws four thousand Chin- the year round, Each minate two esé employees out of work. British workers were being "driven Reuter.

Carp

Catah Codfish Craba Cuttle Fish Dab Dace Dog Fish

Cultu Calcutta Cannes Colombo

Cop Copechager Edinburgh Florence Genera

Hamburg Jaype isterisken Jerusalem

I do London Shrerpool

Husleb Montreus Atlan

Branches of American Express. Company in Principal cities of Unit ed States of America and Canada.

All classes of Commercial Banking. Transactions undertaken.

Personal investment

Subscribed Capital Fra. 72,000,000.00 Pald-Up Capital ...Fr. 68,400,000.00 handled. Beserve Funds.....Fra.102,000,000.00 BRANCHES:

Bangkek Hong Kong Quohon Battambang Hus

Saigon

BOTH SIDES ADAMANT IN PEKING.

Fish

Fresh Water

to the Labour Exchanges by foreign Eole, Conger manufactured goods. Could folly atlain greater heights?.

Yellow

བལླཾ ནཚོ ཌབཎྜ བསྐྱབ ར ན ཎ ར སྦྱ ༅ སཙྩེ བླ ཎ ཎ::『སྠཽ ༠༠ རྒྱ ན མ ཆ ཇ ནས

11888KERJ8PS | N8638861 | | 2ako.base671 88 688 ESSERE

Almands

Apples (California) 1 &#

E lb.

60

"

衡山街 逼

Fr

#

31.

each 19

85

24

12

.26

3 ་ སྒྱུ བྷ

32* | 22

23 11 12

Lemons, China ....................

## lb.

12

each 12

*** .lb.

M

Grapes...CANEY

Vegetables, &c.

Artichoke

Beans, Sprout .......

Long

Beet Boot

Bitter Squash

Brinjals, Greet

Red....

Cabbage, Chinese ....

Cane Shoots, bunch

Cauliflower (Large) ..

(Shanghai)

Groen

Curry Stuff, English..

Cucumbers

梨生柿抽桃子

H

#

8

25

30

༈ ༞ ། ། | ༄ ཥྭ ཡཿ ཥྭ | |

; | } kཋa ༐ དྷུ |'2. } " | | ཋབྷཱུ |

18

6 8

1

12

16"

28 10

18 8 12

#

Matton

牛仔肉

Sausages

#

No. 1.

each 12

Fish.

15.

5

7.

lb.

40 10 24

12

8

13

34

20

16

12

'6 24

31

8 G

3.4

16

D

8 5

1.

35

27

10

32

0

"

35

17

P

10

28

26

H

each

3.5

27

1

H

(Medium)

TE

E

40

18

(Small) ..

·

椰榮花

M

21

Carrots

魚餅 Ib. 14

35

8

>

Celery, Chinese

***

10 10 6

#

32

Chillies, Dried

***

30 26

#

32

10 8

"

Red

10

T

65... 26

30

籽花

72

25

HE

28

30.

25

18

Garlle

32

13

23

Ginger, Young

32

15

50

13

52

24

36

21

"

26

T

20

35

2

36

2

*

Mushrooms, Fresh

29

9

73

Okroes ....

30

15

"

Onions, Bumbag

84

#

10

9

*

Green

34

20

29

Shanghai

78

#

36

30

Parsley

32

#

30

45

Potato, Sweet

55

10

14

P

Japanese

"

21

10

14

America

"

29

13 18

Pumpkin

34

10

Radian

G5

30

Rhubarb (Fresh)

27

18

∙10

Shallots

21

10

48

32 80

Spinach Tomatoes

34

28

·Tares...

85

28

H

Turnips, Pusti (Long)

»

84

85

36

12

$1.00

In these grave days of depression Frogs the safeguarded industries stood out Garoups as beacons of hope... They had all Gudgeon Peking, July 21. The authorities are extremely greatly increased their production, Herrings firm in the enforcement of the new and the total increase in employ-Halibut accounts increased 50 per cent. Cigarette ment in the safeguarded industries Labris.

the Leach Tax in apite of the strong protest had been the only check on

and foreign

Chinese downward trend of the employment Lobstern It was at this moment | Mackeral

of the

suspended importing and buying Mr. Snowden, purely from party Monk Flah

The Company offers to intending cigarette dealers, who have already position. Travellers the use of its "Travelers Cheques" and Letters of Credit and, Canthe Mengtze, Shanghai in addition, the world-wide services Canton

of its thoroughly equipped, Travel De- suspend business entirely in casa.a sentence Nam Dinh Djibouti

satisfactory compromise cannot be trades. Neunrea

partment. Fort-Bayard Papeete

reached.

in of new goods and threatened to reasons, had declared the death Muliet

Unrepor Thanher Tuntain

Rapsour • Takar Tourans

Hankow Prom-Pooh Vinh Pondicherry Yun

BANKERS:

IN FRANCE: Comptoir National d'Escompte de Paris; Credit Lyonnais;. Banque de Paris et des Pays-Bas; Gredit Industrie) et Commercial; Be- ciete Generale

IN LONDON: The National Pro-

Afiliated with

THE CHASE NATIONAL BANK Resources.Over. G$2,500,000,000

E. W. DUGGAN,

Manager.

incial & Unlow Back of England, THE BANK OF TAIWAN, LTD. Led: Comptoir National d'Escompta

(TAIWAN GINKO) de Paris: Credit Lyonnais.

IN NEW YORK: 1. P. Morgan & HEAD OFFICE: Tarpet, Formosa.

Incorporated by Special Imperial

Charter, 1899.

Co; French American Banking Co- poration; Guaranty Trust Co. of New York;

Interest allowed on Current Ac- sounts and Fixed Deposits socording to arrangemante.

Every description of Banking and Exchange Business transacted.

Safe Deposit Boxes to let....

A. LECOT,

Mmager.

Hong Kong, 1 May, 1929.

THE YOKOHAMA SPECIE BANK,

LIMITED.

Established · 1880.

Capital (fully paid-up) Yen 100,000,000 Reserve Frat ...

Food Office-YOKOHAMA,

Branches and Agencies #27 Alexandria

Deanoi. Ayrı

Calcutta

Clanton Changshan

-Nagoya

Newchwang.

*New York

Uzska

Gardes). Bana la 27ocume Bus-lièse intoad Ariaus amorna asTym, $6,000,COF BRANCHES AND 16EKOLKA ||

Emfere

forex-Inky Yokohama, Tobe-Oska

PORKOBA MOkan Kaki- Encenko

of the safeguarded Oysters

He had treated these in- Parrot Fish dustries and the trades union | Perch As the result of the representa- leaders of these industries with con- Pike

Plaice tion of the merchants the authori-tempt

ties consented to the postponement Lord Lloyd said that he had seen Pomfret, White of the new increase for three days the great Lancashire cotton trade Pomfret, Black only. A public notice was issued knocked out of the Eastern marketa PrawZIN to-day by the Cigarette Tax Bureau by Japan, America and Italy. Those Bay notifying the cigarette dealers that markets could be regained if we Rock Fith the new Tax would be enforced could produce sufficient goods to Ronch from to-morrow (28th). A delega- reduce the cost of production: Salmon tion or representatives yesterday Bulk production was the secret of Shark submitted a petition to the authori- high wages and cheap goods, There Skate ties requesting the exemption of was no need to import manufac- Shrimp old stock from the increase. The tured goods to this country. All Snapper request will probably be granted, we needed was the raw material, Soles -P. & T. Times,

and we could export the manufac. Tanch tured article. Protection of Bri Turbot

Mr. L. S. Amery, M.P., said that;

for unem.

尾肚 水岛 #4-404 € DAUGIATEOBLARIÉSKAZUESSINGESE **SLEEVES ESEKKE ER CLAY BE REZER CEKUKSESHHIGERIEFSANEHERZIN 售海

公班

AUSTRALIA'S OVERDRAFTS.tish goods was our only salvation, Turtles, reall, fr. water The statement by Sir Lennon the only effective cure

Aus ployment was to extend safeguard SPONGES IN SIAM. OUTRA Phaghtly Banków, Amor, Fossbow, Raws, of Melbourne, that OZERAS HON

Work, Boobay tralian Government overdrafts in ing. They were met to condemn Om London amount to nearly £50,000, the incredible folly of Mr. Snowden all times, 000, has evoked a reply from Sirin choosing this time Granville Ryrle, High Commission when the nation was

struggling The Bank has Correspondents in all the peta-er for the Commonwealth In Lon for its life, to take away from apel Omemoratai Ostsem langhons, the mid

don

the few industries chat enjoyed fair

Bemarang, Banta, 2 Baking, London, Bow - York?” Delawa

LONDON BAKERIS A

The London Jounty Wear and For

BONG-KONG BRANCIN

E. KAGURA,

2:

KEM TOPan, Band Eustral. Hong Kong. Dh Jammer, 1990.

THE BANK OF CHINA. 行跟國中

A POSSIBLE INDUSTRY WITH GOOD PROSPECTS.

OF

possible economic

..

1929#*#28=***@ON*********8P*888************

竹菜角類瓜瓜瓜菜來發花花花笋來千椒椒料瓜斯 米來踏踏菰 頭像米菜仔仔瓜仔菜區東與梅菜

草锅

花生上搭香日金多缸大干常委

Old

Horseradish, Shanghai

Indian Corn

Lettice

Water Chestnuts

H

Mandarin. #

静草

#

Vegetable Marrow

Water Cress

Waber Lily, Bock ....

unknown extent. Another extensive sponge area in shallow water lies on the east side of Kaw Sahui,

The aponge samples recently ob- tained are of better quality than those previously seen and confirm

16

B

8 2

મ G

6

14 7

16 10

"30 B

46

6

1

12-

40

12 1 10

洋意如

B

$

B

6

4 8

+

·6560

B

3

4 3

3

6

4

上海茹

日本

金山

紅豬

10

15

&

15

UNCLAIMED TELEGRAMS.

THE GREAT ́NORTHERN TELEGRAPH CO., LTD., OF DENMARK.

the belief that the deeper the water The following unclaimed tele- from which they are taken the bet-grams "are" lying at the office of

the experience in other countries... Company (Limited) of Den- er will be the quality; this is also the Great Northern Telegraph.

As yet there is no sponge indus marks try in Siam. The local people are using sponges in their own houses,

Lyman, Dairy Farm from

Sir Granville informed the Morn. play the chance that another Gov-

The Royal Department ing Post that, while he was not ernment gave them. Wherever in- aware of the sources of information dastry had been safeguarded there Fisheries has recently investigated avallable to Sir Lennon Rawe, they had been progress and increase of the sponges of

Uhimdat, from New York. The output. It had been the ineans of importance growing in the Gulf of were clearly unreliable. overdrafts of the Governments in bringing new capital to industry Siam in the vicinity of Kaw Samul

and Kaw Pa-ngan, says The Siamese but are ignorant of the proper Shanghai.. London," he added, "amount to and finding greater employment.

methods of cleaning and bleaching. much less than half the sum men- Mr. Amery said that he stood for Record:-

The existence of sponges In this The Department of Fisheries is pre- tioned, and they have been granted, 30 per cent.-duty on all foreign in much the larger part, by the manufactured goods coming into the region was reported several years pared to give any information re Commonwealth Bank of Australia" country. When that duty had been ago, and small samples reached thegarding these sponges. It seems INTERNATIONAL EXCHANGE

The statement was made by Sir Imposed they could hold an inquiry Ministry of Commerce and Com likely, from the character of the Lennon Raws at the annual meet to decide whether it should be inmunication and the Ministry of sponges already examined, that Lands and Agriculture. These there is the possibility of a local $25,000,000.00 Ing of the Australian Association creased or reduced. **

samples possessed qualities that are sponge faheory of considerable im 824,710,20,00 9 British Manufacturers,

essential in sponges having commer-portance. *#*3,820,548.83

„Biorganised: October 28, 1928, under

Gramentas. E

Spodial chaster of The National Gor.

BANK

Peking.

Rangoon

- Rio de Janeiro

Subscribed Capital

Paid-up Capital

Datron (Daly) San Francisco Wangtien (Mukden) Beattle

Hamburg.

Elankow

Farbta

Mặt To

Shangbali

Salmonoid

Reserve Funds...

"HEAD OFFICE: SHANGHAI THE BANK OF CANTON, LTD.

ANG HONG KONG BRANCH: ped, "Quem's Road Central

Owing to our numerous branches in China, and large eggpections in the Important commercial centres of the Sherid, hfw" bra able to extend to our clients special facilities for dómartie

Established 1912. “

· Head Offers-Hong Kong, RAVEN

・Autherland Cauliai (15.3. Charrenty) LLSTIME DOW Put Up Dagli

1000004 progBRANCHES

singhal, Moskow, Kas Handak Malork (sed. Se

and foreign banking and ezthange Modellekha Lark's Time? Zuziada) |

We also handle the issue of Bonds

and other Publie Tands of the Chin-

ise: Government

abroad day

both at-home and

SHOVEJ CHIN

LOOK POONG SHAN”

CENTRAL BANK.

Canton, Yesterday.

E. V. JESSEN,“

Superintendent. Hong Kong, August 13, 1990.

THE EASTERN EXTENSION AUSTRALASIA' & CHINA.

·'TELEGRAPH CO, LTD.

..

The following unclaimed tele- grams are lying at the E.E. Telé. graph Co. Office, Hong Kong:-

Phyllis, 16, Kennedy Road, from Shanghai.

Referendis, from New York. **Henry J. Sorice, care of, da. Pre- sident Van Buren Dollar Line, from Jamaica, N.Y

Bouchintro, from Los Angeles, DS, LACE, PAS

Superintendent

cial value, namely, softness and An analysis by the Government smoothness of texture, elasticity or Laboratory, Ministry of Commerce The Department of Finance is realliency, and freedom from and Communications, has shown said to have taken steps to re- allicious spicules, but lacked another that these sponges can be easily and organise the Central Bank. Notes Important quality, namely strength satisfactorily bleached. on par with the big dollar will be of fibre, owing possibly to the fasued after the reorganisation, shallow, superheated water trem With a view to preventing the which they were taken

The young man wrenched open A recent inquiry has shown the the door of the railway carriage, value of the notes from being affected by the fluctuations of existence of extensive grounds on tumbled inside, and collapsed on the silver, the Department le con- which sponges grow rather thickly sent gasping for breath as the train sidering the appointment of Thus, to the south-east of Kawelid towards the end of the plat Commission who will take charge Pangan the beds are at least 1,000 form. The rather obvious retiredN DIN BASS AS RE of, among other important finan- metres long and extend offshore for colonel" in the opposite corner WELZER RE rial brobleme, the cash reserve of more than 200 metres in water up grunted. "When I was your age, train without turning a hair" the bank against which the future to 2 metres deep. The area lying my ld," he disapproved, "I could"But T-mlased this at the last #big dollar motes will be issued beyond a depth of 2 metres is of sprint down a platform and catch a station, panted the young man

Hong Kong, August 7,.-1980..

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