2
BANKS
HONG KONG AND SHANGHAI BANKING CORPORATION.
Authorised Unpitol
Inmark and Pally Bald-up Blogery Fund -
Myling
BLON
***** $50,000,00% $20,000,000
$3,00
dability of Proprietors...... $30,000,000 BEAD OFFICE, HONG KONG,
W. -
A. 11.
11. Lander
BOARD OF DIRECTORS |--
21. Mr. C, D, K. Marken,
6. Monken, w
AUTH DANGKOR
UANIA
MIMIAY
ปี 1 · :
3.1. Palegvan,
Inputy Chairman.
T... Pene. Taip.
n. Fig. 5. A. Partner, Eng.
win, Bay. T. 11. 1. Shaw, Eng.
A. P. Warten. Reg.
Chief Managet.
V. M. Troylearn, Esq.
CALVITA
KANTON 100
COLOMB
DAIBEN
POOCIREW
RAIPHONG IJA
JANKOW JARIES DONGLEW
FLOO
1 Moll
JE
•
NOW LODS
PRANCHES:-
ALA LEMPIR
LUSHON
LYONK
MALACCA.
MANILA
MAI (Johor)
MURDEN NAGASAKI
NEW YORK
PERINO
PENANO RAMON
SABON
SAN FRANCISCO
14 MAY
SINGAPORE
SAN RAMAYA SUNGEL PAFASI
TILNISIN
JOKIO
USIM LAO
YOKOHAMA
4urrent beegnut pound it down! Dozency Laposate revised for an yem t ster jet bort Curobry and Meding go ter vlund with be quoted an appisestion. De Kuy. D66 Flow, B
HONG KONG SAVINGS BANK.
of the abuse Bank in rundart.
by tam ONO KONG AND SHANGHER BANKING CORPORATION. Itules my bo albastre un
FOR THE HONRONG AND SHANGHAI BANKING CORPORATION.
V. M. GRAYBURN.
Hong Kong, at July, 1930.
Chief Miamiger.
BANQUE DE L'INDO-CHINE.
HEAD OFFICE:
56, Boulevard Haussmann, Paris..
Suvsered Capitul
Fra. 72,000,000.00
Paid Up Capital...Fr. 68,400,000.00 Reserve Punds ....Fr.102,000,000.00
BRANCHES: Bangkok Hong Kong Quinhon
Saigon Battambang Hao Cantho Bengtze Shunghaf Nan Đinh Singapore Djibouti Neumea Fort-Bayard Papeeto
Canton
Thanhea Tientsia
Haiphong Peking Tourane Harkow Fnom-Penh Vinh
Pondicherry Yunpanfu BANKERS:
Hanoi
IN FRANCE: Comptoir National d'Escompte de Paris; Credit Lyonnais; Banque de Paris et des Pays-Bas Credit Industriel et Commercial; So ciete Generale.
IN LONDON: The National Pro- viacial & Union Bank of England, 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.
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA, Incorporated by Royal Charter, 1859.
HEAD OFFICE: LONDON.
Paid-up Capital
THE CHINA MAIL.
THE HO HONG BANK, LTD.
(Established 1917.)
HEAD OFFICE:-SINGAPORE, Hong Kong Branch: 13, Queen's Rd. C. Authorised Capital Straits $20,000,000 Issued Capital
Paid-up Capital ... Reservo Liabilities
8,000,000
$,000,000
4,000,000 2,626,000 Branches, Agencies and Correspon- dents in the principal cities of the world.
£3,000,000
Reserve Fund Reservo Liability of Pro-
prietors
£4,000,000
.£3,000,000
Agencies and Branches:
of Shareholders Surplus
ALOR STAR
KUALA LUMPUR
Mabey Ston
KUCING
AMISEL HAD
MADRAS
MANILA
MERAN
NEW YOUR
PREISO
PENASU
BANGKOK
DATAVIA
NOBAY CALCUTTA CASTON
CAWNHOME
CL.8
COLASITIO
DAIREN (Daltry
bouth Manchuria
DELAI
RAINHONO
DLA MUNTING
HANKOW
BARHIN
IN. Manchuria
HONG KONG
11.11.0
KATLAGHI
$1,550
KODE
KUALA KANGSAR
(Pork P.M.R1
• PESHAWAR
SALOON
SEMARANG
SEIMBAN
SHANGBAT
SINGAPORE .
SOULA BAYA
TAIPING (F-3,8,1 TAYOY
VIENISIN TOKYO
TOMIKA (Shuhei)
ΤΗΣ ΕΠΙΛΟ
VUKOTA FA ZAMUDANGA
Foreign Exchange
Pppine Islandaj
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. II. FERGUSON,
Manager. Hong Kong. 8th January, 1929.
THE NATIONAL CITY BANK
OF NEW YORK.
HEAD OFFICE: 55, Wall Street, New York.
Capital, Surplus and
Undivided Profits..U.S.$224,664,298
Branches in
ARGENTINE
BELGIUM
BRAZIL
CHILE
CHINA
COLOMBIA CUBA
DOMINICAN
REPUBLIC
INDIA
ITALY
JAPAN
LONDON
MEXICO JANAMA PERU
PHILIPPINE
ISLANDS
PORTO RICO
STRAITS
SETTLEMENTS URUGUAY
VENEZUELA
Commercial and Travellers' Lettera of Credit, Travellers' Cheques, Bills of Exchange and Cable Transfers Current accounta bought and sold.
and Savings Bank accounts opened and Fixed Deposits in local and for- eign currencies taken at rates that may be ascertained on application to the Bank.
We are also able to offer our Cus- tomers the services of the Branches of the International Banking Corpora tion in San Francisco and Spain and also of The National City Bank of Now York (France), S.A., in Paris and Nice.
F. McD. COURTNEY,
Manager. Hang Kot, 20th February, 1931.
THE
Interest allowed ou Current Ac- AMERICAN EXPRESS COMPANY.
counts and Fixed Deposits according
to arrangements,
Every description of Banking and
Exchange Business transacted.
Gloor Rong. Ist May, 1929.
THE YOKOHAMA SPECIE BANK,
LIMITED.
.U.S.$6,000.000 U.S.$1,672,454 .U.S.$1,908,209
INC.
flead Odice: 65, Broadway,
New York.·
Safe Deposit Boxes to let.
A. LECOT,
Capital
Manager
Surplus Reservez
BRANCHES:-
Antworp
Endle
Darlin
Blarella
Tobag
Breiten
Z
Glasgow
Hamburg Bayre Inlatinkan Jeruzalem Lido Loodoo
Nice Kapla
Pitnout
Farla
Fa
Taking
Interme
Rollarda
Buenos Aires
Lärarpool JAEFT
Home Bir boul
Luguna.
Luxor
Marie
Established 1880.
Capital (fully pald-up) Yes 100,000,000 Reserve Fund.......Yen 113,500,000
Bend Offer:-YOKOHAMA. Branches and Agencles at:
Alexandria
Batavia
Bombay
Buenos Aires
closed).
Temporarily
Calcutta
Canton
Changchun
Dairen (Dalny)
Nagoya Newchwang
New York
Osaka
Peking Rangoon Rio de Janeiro Saigon San Francisco
Frogtien (Mukden) Seattle
Tamburg
Hankow
Harbin
Hong Kong
Honolulu
Kni Yuen Karachl
Kobe
London
Los Angeles
Lyona
Macila
Nagasaki
Calro Calamita
Скаль Calamba Constantinopla Copenhag jdinburgh
Flores
Monte Carlo
Manila
Avoiceb
Haircus Mati
Xhanghai
Tateix
Viano
Every description of Banking and Exchange bualness transacted.
TAN ENG HOOI,
Manager.
NEDERLANDSCHE HANDEL. MAATSCHAPPIJ, N.V.
(NETHERLANDS TRADING SOCIETY)
DANKEES.
Establiebed 1834.
ong Kong Dion:-Li, Qoma's Boad Central. Authored Capital
Gullēɔre 150,0OU, PAG-
(211,400,000.) Paid-up Capital ...... Guilder N, DB0,000 120,009,170) Reserve Fund
Guilders 40,215,00
RAILWAYMEN'S WAGES.
and
Commerce
Finance
The £10,400,000 Fall in Traffic Receipts.
OPENING OF INQUIRY.
Morris, K.C.
Mr. J. Bromley, M.P.-"You are not suggesting that when you let a clerk off for his marriage that is
punishment?"
Mr. Lazenby-"It may be in some He estimated cases." (Laughter.)
THURSDAY, MARCH 5, 1931.
|CANADA'S ECONOMIC
STABILITY,
What She Owes to Her Railways.
AMERICAN INVESTMENTS.
In the course of an address on Canada's Economic Stability," at
said:-
but much more could be said and
ac-
look
We
a trans-continental railway through
the wage cute proposed for the the annual banquet of the Ameri- traffic grades at £5,600.000. The
can Institute of Steel Construc- reductions proposed for the salarition, Mr. E. W. Beatty, president ..ed grades would save £1,500,000 of the Canadian Pacific Railway,
and the alterations in the condi Railwaymens wages and conditions of service £2,500,000. The
Much hus been written, and tions have occupied the attention of rest of the £11,000,000 would come
written, properly
of rnilway the National Wages Board.
from grades, atch as shopmen, not achievement in the United States There were 17 members of the covered by that Inquiry. board-six nominated by the rail-
Opposition of Unions. way companies, six by the railway-
Mr. Marchbanks, for the National written of Canadian railway
When complishment. men's Unions, four by railway Union of Railwaymen, said that he users, and the chairman, Sir Harold could not accept the companies back over a short period of less than fifty years and consider that The room in which statement "as hoing within the reat that time a small group
of the inquiry is being held is ludi-gion of accuracy." He gave the
American, British and Canadian (crously small for the purpose.
Union were impression that the Both sides preferred to be repre- much more concerned about the pro- capitaliats undertook to construct seated by their Own members posed new conditions than they rather than by professional advo
were about wages, for he said if a country which was unknown and then largely unproductive, where cates. The companies' case was in the companies' proposals were ac- (22,844,561)
had to be difficult water-courses the hands of Mr. W. E., C. Lazenby, copied there would be no conditions erossed, much heavy timber to be an official of the Londen, Midlandin future except those which they removed and five ranges of moun and Scottish Railway, and he was liked to imposc.
tains to be penetrated and travera- Supported by Mr. W. V. Wood, also
ed, it can scarcely be wondered of the L.M.S.
that there was grave apprehen- Sera represented the National Union of pay or any variations in the condi- sion that the whole enterprise Hoerakarta (Bola), Tegal, Tiljap sot | Railwaymen, Mr. A. G Walkden, tions of employment. His view would be almost immediately a M.P., the Railway Clerks' Associa was that the first call on the indus. Happily, these fears were unwar- tion, and Mr. John Bromley, M.P. try was the maintenance of ade the Associated Society of Locomo-quate salaries and wages and of tive Engineers and Firemens
employment consistent with econo. The claim of the railway commit needs and commensurate with panies was first heard.. What they the work and responsibility of the ask is that wages in the concilia- staff, tion grades-practically the traffic staff-shril be reduced all round by
Bead Office-AMSTERDAM- Eastern Head Omer-BATAVIA, BILANCHES- Bandjarmasin, Dandong", Bombay Calcutta, Charibor, Djamber, Diok jakaria The Hagie, Jaddas Robe. Kota-Radja, art,
Kadan Palembang. Pakaloogar. Paula Rangoon, Botterðum", Samwang Shanghai, Albota (Bumaira), Hugspore,
Weltevrede
• These dicas hare safe deposit boxes to fol. London Fiskara:-National Provincial Bank Ltd. Cowespondants all over the world Banking builds of avery description Etananced.
A. STOKKINK.
Acling Hanager.
Boɔg Kong. 1915 August, 1980.
THE BANK OF CHINA. 行銀匯中
For the men, Mr. Marchbanks
68. a week, that the salaried staff
shall submit to reductions of £10
to £15 a year, and that the standard
Reorganized October 26, 1928, under weekly hours, 48 or less, shall be
He denied that the present con- dition of the industry was such as to make essential any reduction of
complete and utter failure.
ranted. To me the construction
of this railway, and its successful operation afterwards, will always be the most notable railway achievement, not only in Canada but in North Amerien.
As you know, we have a railway
“CRUCIFIXION" OF situation in Canada which is uni
TRADE.
special charter of The National Gov-worked as the companies may de- The Menace of National
ernment as an
INTERNATIONAL EXCHANGE
BANK.
sire and include Sunday duty when
necessary. In place of the guaran- Subscribed Capital ....$25,00,000.noteed week, payment would be made
only for the time actually wo: ked, t 324,710,200,00 .$ 3,820,502.52
Changed Conditions.
Paid-Up Capitul Reserve Funds
HEAD OFFICE; SHANGHAL,
HONG KONG BRANCH:
4. Queen's Road Central
He
ex-
1
que and, I think, without parallel in the world to-day. It consists In the main of two systems—one owned by the Government, and of approximately 23,000 miles,
Canadian Pacific, privately owned and operated, which, with its | American subsidiaries, constitutes "The American orator Mr. W. Ja system of over 21,000 miles. Bryan, once said that this world
Extravagance.
Comparison With U.S.
F
In submitting these claims, Mr. Was being crucified on the crust of
In the size of their undertak Lazenby expressed confidence that gold. I am sometimes inclined to the companies could justify to the, think that the industries of this ings, the major railway systems in
therefore, exceed full the relief which they were ask-country are being crucified on the Canada,
magnitude any existing American cross of national extravagance." Ing the Board to grant.
This remark was made by Sir Aystem, and we claim with some Owing to our numerous branches plained that the basis of railway In China and large connections in the wages and the exceptionally favour-Frederick Lewis when presiding at justice that, in efficiency and eer- the general meeting of the Houlder vice to the public, our transporta. important commercial centres of the able conditions of service wore set world, we are able to extend to our tied in 1919 and 1920, when the Line, Limited, at 63, Londenhall tion systems compare favourably with those of the U.S. The Cann- clients special facilities for domestle railways were under Government Street, London. and foreign banking and exchanges.
"One of the most distressing fea, dian Pacific is a natural consolida We also handle the issue of Bonds control and in the period of optim- and other Public Funds of the Chin-ism and high prices which followed tures of recent political develop-tion of many lines after the initial cae Government both at home and the war, and that the resulting ment," he continued, "was the ap- trans-continental construction was
broad.
level of expenditure was too costly pointment of a Royal Commission completed. The Canadian National SHOU J. CHEN,
and the conditions of service too to consider the working of the Un-is a consolidation compelled by the Aacquisition of these properties by Hong Kong, 5th March,
restrictive for the industry to bear employment Insurance Act.
We in the vantly different circum-House of Commons committee had the Government of Canada.
for monthe previously been inves- can, therefore, claim with reason stances of to-day.
He showed that the 1918 wagestigating this question, and must to have solved the question of con- and salaries bill was £47,000,00; during that period have been in a solidation in Canada, and, in spite THE BANK OF CANTON, LTD. while the 1929 bill was £114,000,000 position to obtain all the informa of geography and distance, to
Established 1912.
Manager.
Head Office:-Hong Kong..
Authorised Capital (IL.E. Currency) $11,280,006 Paid-Up Capila
Becar's Fund.....
Canton, Rhanghai, Henkor,
CORRESPONDENTS
8.645,000 1,000,000
Bassow,
an increase of £67,000,000, or 148tion required to enable the commit have surmounted difficulties inci- per cent, while the Increase over tea to make recommendations for dental to the operation of exten- under one central pre-war in the cost of living was any necessary amendment of the in-sive mileages 55 per cent. The volume of traffic surance scheme so that it might he control.
Canuda to-day possesses reln- placed on a solvent basis. In 1929 was less than pre-war.
"But presumably because the tively the same area as the Unit- Mr. Lazenby contended that the
but its population is Dexgkok Spark and Bas Frade railwayman could no longer hope to Government is unwilling to incured States,
the combined maintain a favoured position, but the responsibility a Clovernment little greater than
citles of Chi- must accommodate himself to the should assume, the urgently needed populations of the
Obviously, action is deferred by the appoint-cago and New York. economie position of the industry. Increased railway charges would ment of a Royal Commission, and it will occur to anyone that a hinder, for they would not bring meantime the fund continues to run nation with so limited a number its boundaries back the travelling public or the into debt at the rate of £30,000,000 of people within
or speedily trader. He asked, indeed, that the or £40,000,000 er annum till such cannot adequately railway companies should be placed time as the Royal Commission make rentise upon its natural wealth.
Therefore, as you were many In a better position to concede re-report and their recommendations
LONDON DANKERS:—
The Lloyd's Bank, Limbed,
to all principal cities of the World
Porsiga" arókange mod banking business of every description transacted.
Safe Deposit Boxan (väčšour sizes) at a pusele rental of from 10 to $0.
LOOK POONG SHAN,
Chief Manager Hong Kong, 14th May, 1930,
Hingapore
St. Morils
(TAIWAN GINKO.)
HEAD OFFICE:-Talpeh, Formon. Incorporated by Special Imperial
Venice Yokolarn Zuric
Irunches of American Express Company in Principal cities of Unit- ed States of America and Canada.
All classes of Commercial Banking
Transactions undertaken.
Semarang Shanglai
Shimonoseki Singapore Boarabaya
Sydney Tientsin
Personal handled.
Tokyo Tainanfu Tsingtan Vladivostock
(Temporarily closed) Interest allowed or Current, Ac-
CJUDES.
Deposits received for fixed periods at rates to be obtained on applica.
ton.
H. MORI,
Manager. Tong Kong 10th September, 1980.
THE BANK
L
Charter, 1899,
Central Bank in Formosa,
of new
THE BANK OF TAIWAN, LTD,' ductions of rall charges where this can be carried into effect, which years ago, most Canadians, while would aid them to retain or recover will probably occupy the greater admitting the necessity of restric- conditions tions under present part of a year. traffic.
which we believe to be temporary, Trade With The Argentine. If the companies' proposals were
"Heavy taxation is largely the are keenly conscious of the need (he accepted, they would result
cause of increased costs of produc-of increased settlement continued) in an average wage rate of 51s. 11. per week, which tion, and high taxation is partly people to create new wealth and Bank-Notes Seed Ararage amount Yen. 4,000,000 would leave a betterment of 11s. 8d. due to the manner in which the in- of capital to aid in their efforts.
per week over the figure of 408. 5d.. Kagi, Karako Klung, FORMOSA-biena.
Makong, Hanto, Bhashiku, Taiche, which represented the pre-war Takao, Tamaui, Tost, Haito, Talo. CHINA-Bhab. Barkow, use, Foscow, average rate increased by 65 per
Blow, Canton.
cent-the increase in the cost of OTHERS-Hong Kong Bingapore, Boszabays,
Bernerang, Bainrin, Bombay,
Cautliving. London, New York, Dairen,
LONDON BANKERS 1
BRANCHES AND AGENCIES: JAPAN-Tokyo, Yokchaina, Kobe, Osaka.
Becounts investment
surance schemes have operated, all That this has not been unknown of which aggravates the insurance to you and that the American fir- problem."
CLAREMONT
PRIVATE HOTEL Austin Road, Kowloon. (Facing the Kowloon Cricket Club. Four minutes from feria by bus.) Suites of rooma (single and double), hot and cold water system, a modern sanitation. private bathrooma attached.. EXCLUSIVE TABLE entirely under European management
Hotel has a splendid aspect in ene of the finest locations to Kowloon, away from volse, got emaily necessible.
Terms very moderate. Reser vations by letter or cable.
CLAREMONT
Tels.: 67889 & 57385 (Private). Telegraphic Add.: "Fern" R.K. Our motto is "SERVICE."
for The question of allks Winter can be answered to your satisfaction by an in- spection of the goods we are now showing.
They have just arrived and you really owe it to yourself to come and inspect them.
"
KASHMIR
SILK STORE
36A, Queen's Road, C. Opposite Queen's Theatre.
PHOTO-SUPPLIES
Kodaks and Cameras. Films, Plates and Papers, etc. Developing, Printing and Enlarging,
ZIESS and BUSCH FIELD GLASSES Price Moderate.
A Trial Order is Solicited.
A. SEK & CO.
Tel. No. 23469. 28A, Des Voeux Road, C. Hong Kong.
OUR
LADIES' TAILORING
DEPARTMENT
undertakes to execute orders
FOR MAKING 'DRESSES &
GOWNS on latest styles with-
In 16 hours.
No. 2, Stanley Street. Tel. 22100..
(Adjoining D'Aguilar Street.)
ancial interests have had no lack LOVELY SILK STORE Sir Frederick said that the acti- of confidence in Canada's future vities of the Houlder Line were is evidenced by the fact that ap largely concerned with the trade proximately three and a half bil- The Guaranteed Week.
between Britain and South Ameri- lion dollars of American money Turning to the proposals regardon, particularly the Argentine, and are invested in Canadian enter. The Bank has Correspondents in all the principaling conditions of service, Mradded: Cheques" and Letters of Credit and,commended Centre Shroughout the world.
priso or Canadian sécurities. in addition, the world-wide survices of its thoroughly equipped, Travel De- HONG KONG DEANOH: partment.
The Company offers to intending The London County Westminster and Parr's Bank. Travellers the use of its "Travileri
Afiliated with
THE CHASE NATIONAL BANK Resources Over €$2,500,000,000
•
E. W. DUGGAN,
Manager.
OF EAST ASIA, LTD.
Established: 1918. --
HEAD OFFICE:
10. Des Voeux Road, Central, '
Capital and Surplus
Total Rer CSS
HONG KONG
over H.$8,000,000.00.
....... avez EL$30,000,000,00
Every description of Banking and Exchange business transacted.
Current and Fixed Deposit Accounts in local and for-
currencies opened for clients,
Barings Account and Bafe Deposit Boxes. Branches and Agencies all over the world.
KAN TONG PO,
K. NAGURA.
Мазурит.
1. De Vaux Road Central. Hong Kong. 19th January, 1939.
COASTWISE
The directors
Last
FOR SALE
FOR 1931,
Lazenby said that these would in "Great Britain already enjoys a volve cancellation of the guaran- considerable export trade to South teed day and guaranteed week America, and British, goods com- They would also apply to overtime mand an excellent reputation, but £58,160 for 1929. and put it on a weekly basis, and I am credibly informed that if our recommend the distribution of a POSTAGE STAMPS CATALOGUES would prevent Sunday being treat- manufacturers would devote more maiden dividend of 8 per cent.. ||¶2235|||||$||22X¶¤|||ÿed as a day wholly apart from the attention to studying the require less tax, and the transfer of
working week. They would also ments of their prospective custom- 210,000 to contingencies account You want a Catalogue. cancel the penalty rate in respect era in South America there is room and of £20,000 to reserve, of night duty.
for, a very great increase in trade.year, preliminary expanses amount Because it enables you to identify A anancial statement for the "The British Trade Exhibition ing to £32,607 were, written off, to your stamps, to recogulse scarce companies was put in by Mr. shortly to be opened at Buenos gether with £3,864, being, cost of varieties, to gain a knowledge of W. V. Wood. Thia showed Aires by our greatest Ambassador, Installation, furniture, etc. In ad-stamp values, and to have a basis that in. 1930, there was a decrease the Prince of Wales, will not doubt ditfon, £10,000 was taken to re- on which to buy, sell or exchange. In traffic receipts of £10,800,000 stimulate faterest and encourage serve, leaving £2,19 to go for compared with 1929, and he estim developments to the mutual benefit ward. ated that in 1931 there would be further fall of at least £2.500,000, making a total decreoso conipared with 1929 of £18,000,000.
by
*** ALGIE” BENNETT,
An interesting book
of Cartoons depicting "Happenings" on the China Coast
PRICE $1.00.
Now on sale at
BREWERS
WHITEAWAY, LAIDLAW EXCELSIOR BOOK STORE.
of both countries."
BANK DIVIDENDS.
·
1
The net profits of the Imperial
GRACA & CO.,
Bank of India for half year to Do-Dealers in Postage Stamps and Goods, Post Cards, cember 81, 1939, amounted to Philatelie Rs. 86,14,900, against R. 40,99,700 Prayer Books, Garden Seeds, Toys, in the corresponding period of
No. 10. Wyndham Street. ANGLO-FRENCH AND IMPERIAL 1929. With Rs. 27.49.200 brought
BANK OF INDIA.
forward, there is a total of Rs. 63,84,100, compared with Ra.
Against this he thought that 25,000,000 might be saved in work Ing expenses by reductions of staff, short-time working in shope, and rigorous curtallment of desirable A preliminary announcement fa- 69,64,100, compared with Rs. | but non-essential outlay,
The governors sued by the Anglo-French Bank-88,88,200.
have
In reply to Mr. Walken. Mr. ing Corporation, which was regis-declared a dividend of 16 per cent. Lazenby auld that the proposals of tered in 1928, states, that net pro-par annum, tax free, as before, They the companies did not affect the fita for 1930, after, making full absorbing Rs. 45,00,000. present arrangements with regard provision for bad and doubtful havo also transferred to reserve The Newspaper Enterprise, Ltd to slck pay and anquat: holidays debts and for directors fees and Rs. 2,50,000, against Rs. 5,00,000, There was no intention to disturb | remuneration of the management and to penalon fund Rs. 9,58,000. the customary privileges of the committee, have amounted to against Rs. 9,57,000, leaving Rs.
£72,450, which compares with 12,66,000 to go forward.
and at the Publlakers
China: Mail Hallding.
TBROS.
LAMMERT
-AUCTIONEERS, APPRAISERS
AND SURVEYORS,
- Public Auctions.