Page

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION.

abeceived Chapel, ADR.BOD Larued and Puity Paid-up000,000 Cory Funda:-

Bling Bilter

6,500,0 10,000,0

Bestre Liability of Proprietor 39,008,300

HEAD OFFICE: HONGKONG.

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

Incorporated by Royal Charter, 1855.

HEAD OFFICE: LONDON.

Paid-up Capital Reserve Fund Reserve Liability of Pro-

prietors

Agencies and Branches:

BOARD OF DIRECTONS -

ALOM OTAR

Hoa. Mr. 2. J. Paterson,

Chairmen

T. E. Praton, Kag.

Deputy Chairman.

Hi Mr. W. II. Bell,

a.Compton, Haq,

1. Jason, Esq. 377 Miskin, E44.

AMOT

BANGKOK

BATAVIA BKIMBAY

DALOUTTA

1. 4. Plummer, Ban

1. B. B. Ghar, Boi-

J. P. Warren, Big-

V. M. Gayburo, Eaq, -

Chal Manager.

BRANCHES-

LONDON LTUNB

MALACOA

AMRITSAR ВАНСКОЕ BATAVIA BOMULY

CALCUTTA

ΠΑΝΤΩΝ CAWNPORE DEBO

ONLOXBO DELHI HAIPHONG RANBURG

HONG KONG

HANKOT

HARDIN

MANILA

ILOILO

MUAS (Johor)

[POE

MUKDEN

KARADI!!

RGANG

RODR

NEW TORE

PENAN

ПАНТОН

CHRPOO COLOMBO

PEIFING

DAIBEN

FOOGFIOW

BA NODON

BAITBUNG

HAMBURU

KANIOW

BARBIN

HOKESW

TAILO

*POET

KUKORE

KOSE

KOWLOON

KUALA LUMPUR

BALCON

BAN PRANDIN00

RUNOEI PATANI

BUANGHAI

SINGAPUES

ADURABAYA

TIENTSIN

TOKYO

TRINGTAO

YORSELAMA

Durreal Account opened in Econd Currency and Pized Deposits received for one real Jorter periode in Local Currency and Pierling salerts which wil be quoted on application. King Kong, 4th April, 1009.

HONG KONG SAVINGS BANK.

Is Ext of the above Bank is rendeka By the HONG KONG AND SHAKOBAT RANKK- KG OORPORATION. Ex may be obtaiRNA M+pitation.

FOR IBE BONGKONG AND SHANGHAI MANKIND CORPORATION.

V. M. GELTURN,

Cilat Manager.

Hong Kong, 7th February, 1932.

THE BANK OF CANTON, LTD.

Established 1912.

Head Office-Hong Kong. Asthoeland Capital (ILK. Currency}`#11.000.000 Pall-Up Capital

1,346,108 Beserta Fund 1,130,800

DRANCIES—

Canton, Changbai, Banken, Dangkok,

and Han Piscuitand

LONDOR BANKERS –

The dryd's Dank, Limited.

DORRESPONDENTS

La all priscipal oilies of the World.

Foreign exchange and banking bestaan et

49ary Zenotipom acted

Sale Depouls Boxes (vacions sises) së a pourly

cess of from $3 to $10,

LOOK POONG SHAN,

KUALA LUX FUB

EUCHINO

WADEAS.

HAKILA

MEDAN

PRIPINO (Peking)

PENANG

BANGDON

NEW YOUK

BAYDON

ВЕМАЛАКО

KREMBAN

BRANGHAL

BINGAPURE

JUBILEE ROAD

MURDER. Relative Charged At Sessions.

SEPARATE TRIAL.

THE CHINA MAIL.

COMMERCE AND FINANCE.

Germany's Place -In The Sun

NEW YORK STOCK EXCHANGE.

A.O.F.C. Quotations.

New York, Saturday, Dow Jones Averages.

(Continued from Page 0.)

Germany To-day.

MONDAY, JANUARY 30, 1933.

HONG KONG STOCK EXCHANGE Opening Daily Official Quotations, Jan. 30, 1933.

STOCK

103 "17

-slo- Non

Last dividend and when pald

you

Baske

Hong Kong Bank ...5 26 (Lon, Reg.)...

Chartered Bank

*

C.

From this Germany, so torn by political strife, so disunited and so discontented, there come to the out- Mercantile B., A&B. Į side world many and varied de Bank of East Asia ...$ mands. What, as far as is nacer- Amer, O. Fia, Corp.MS tainable in the confusion of diason-Ca. Flu. Cor. Ond. Ela

Pref. ...Th jant voices, does Germany really

Insurancus

want now?

10

The discovery of the manacled £3,000,000 body of a Chinese man, who had £8,000,000 been stabbed and strangled, kls face battered with B stone, in .£3,000,000

Jubilee Road in the early hours of September 28, which later led to the arrest of four clansmen in the West Point district, formed the

The answer, of course, depends Canton Lu subject of murder charge

Last To-day's Changes very largely upon the sort of Ger-Union Ing. ..............3 Aver, Aver. brought against Lam Fuk-lung be-

many that finally may emerge from China Underweltern... .72 down the present turmoil. If, for a brief China Fire Ins......$ fore the Pulsne Judge, Mr. Justice 30 Industriala 61.43 60.71

.85 down time, it is a Hitlerite Germany, oven 28.48 28.18 Wood, in the Criminal Sossions 20 Rails

20 Utilities

..27.48 27.31. 17 down though that may not last long, that H. K. Fire La this morning.

40 Bonds

..80.49 80.50 .01 up Mr. J. A. Fraser, Assistant At- Messrs. E. A. Pierce & Co, Report: Germany would want everything-larational Assce, Tls,

Shipping torney General prosecuted for the Market featureless. We would avoid the earth and all that is in it.

A monarchist Germany might per-Dougins Crown, while Mr. R. C. H. Lim, tobacco stocks for the present. Basi- instructed by Mr. F. X. D'Almada,]

Last To-day's to be let alone until monarchy con-H. K. Steamboats 92 Price Price haps demand less-peace certainly;do-China (Pref.) ... sen., was for the defence.

solidated itself, if it could, and the

(Def.) ...$} B1

old game could begin over again. shells (Bearer) .....}- 85%

After that it would probably be dif-Union Waterboats ....> | 60 104%ferent, and upon concessions new

SITLAWAN

SOURADAYA

TAIPING

TIENTAIN

TONGKAT (Dhakety

TSINGTAO

YUKOIL&&

General

ZAMBOANGA

and Foreign Exchange Banking business transacted.

Current Accounts opened and Fix- ed Deposits received for one year or shorter periods at rates which will be quoted on application.

A. BREARLEY,

Manager. Hong Kong, 17th November, 1982.

THE BANK OF TAIWAN, LTD. (TAIWAN GINKO.)

HEAD OFFICE:-Taipeh, Formosa. Incorporated by Special Imperia! Charter, 1899,

Ontral Bank in Formces, BRANCHES AND AGENCIES: JAPAN-Tokyo, Yokohama, Babe, Deaks. PUBMOSA-lan Es, Boo,

Slank-Nicle issued Average amous! Yes. 45,000,000

Kalung.

Makong, Nanto, Shuck!ku, Teicku, Takso, Tal, Tose, fleilo, false. CHINA-Ghoghal, Hankow, Amey, Foookom,

8wasow, Cantop.

Bingapore, Sobey OTHERS-Hong Kong,

Esiavia, Bombay, London, N Bersag Zock, Data

LONDON BANKERS. Barclays Bank, Ltd., Lloyda Bank, Ltd. Midland Beak, Ltd., Westminster Bank, Lid. The Bank has Correspondente lo all the principe! Commercial Centres thenughout the world. K. MAGURA,

isang

HONG KONG DUNOH:

Kong Xoog,

Chief Manager.

4

THE BANK OF CHINA. 行銀國中

Reorganked October 26, 1928, under

*pecial charter of The National Gov. ernment as an

INTERNATIONAL EXCHANGE

De aux Road Central,

noncaber 4, 1951.

NEDERLANDSCHE HANDEL MAATSCHAPPIJ, N.V.

(NETHERLANDS TRADING BOCIETY)

BANKERA.

tablebed 163

The Jury empanelled was as fol- T. R. Parsons lows-Messrs. (Foreman), F. B. Ribeiro, J. Fin ney, A. J. Palmer, G. Von Ehren, G. R. Payne, and E. C. Fincher.

Mr. Fincher said that the spot Anaconda Copper Mining

Auburn where the murdered man was dis-

Borden Co. covered was approximately half a Canadian Pacific mile from the Kennedy Town Hos-Chrysler Motors

Consolidated Gas, of N.Y, pital. The discovery was made by Mr. J. Hunter, of the Hong Kong Drugs, Inc.

(Continued on Page 7)

BARTERING TIMBER FOR COAL

Mialog

demands would grow. Unless, that 7% 8. the Socialists and other. rebels Benguets ....

grow strong

again and monarchy Kailan Mining Ad... af-

had to watch its step for Internal Langkan (Single).......Tia. reasons.

Getting back to 1913 involves

8'hai Explorations....Tla,

"

Losos...Tis.

བཟ

***

Pending

(106

Doo.

«Final #1 & 15-818

making gs for 19

ink, Tj• Hub, La I/Tam to 101 Sept. 3 Interim #2 lens 1/Tax/tus Sepe,-3

for 1941.

TITLE:

W

Mabon #fur

intered #18 -

Final 18, for 100-=

Interim 21-ale pa

sed,

*** $18

100.

Doo. Yone 12.45

Plan!) bonn

200

18500

Doc

**

DONG.

180.

and for 105

10 mil tonus $15

一篇&

Bdar. 21, 32

Jul

May 19, 32

May 27.37

TIA

May 17, 3

making 833 for 1930......Mar. 30, 32

La dividend for 109

Lakridando 1029

**

112) ex. Už neprofargedį įtunc 29, 2

for 1994 and 199 Į

Last vidand for 199

40,10]} (960. | [10 Coupon No. 50 -202

2.10

1700

1 from tram for 1991

Acta for 39Z

July 6, 3

Mar, 30, 3

·Dec. 31

Da. -,

Mar. 13, 30

*

king. use for 1999...... Third Int, &t yaar 31-3-33 ...........

Feb. 6, p

¡Dec. 15, $

Deo Pins170 centavos for 1598 c Japr Maal 5% free iɛax Upon

of for year su OUT. 0.40 for fear 21-10-23 1986- 1190. 1.80 Dec Final T. 4.36

WAJ

4.30 June

Iasote Dec.

Sone

Inese dono:-300,000 shares.

Air Reduction Allied Chemical & Dye 80% American Can... 61% American Tel. & Tel. .105% American Tob. "B"

60%

80%

60

47%

46%

20%

20%

11

10%

13%

13%

68%

58%

35

85%

Du Pont de Nemours Eastman Kodak

40%

69

Electrie Bond & Share General Electric

184

17

15%

15

24

18%

18

17%

1C

2244

21%

IH

71⁄4

110

00%

69

10%

16

144

14

China Providents (ald) 34.05 of Versailles, which ended the war, 301 thoroughly and radically revised in 29%

8

Jane

100

De 16 cents on eld

920

|6.20

100.

90

General Foods General Motors

A further effort to increase Gillette Safety coal exports by reciprocal trading Internat. Harvester

Internat. Tel & Tel. has been accomplished by an Liggett & Myers "B" agreement to supply Newfound-Loow's Inc.

80

land with 40,000 tons of Welsh Montgomery Ward coal in exchange for an order for National Biscuit....... 39% 38,000 cords of Newfoundland Pacific Gas & Electric

.18% Pennsylvania Railway

4% Drops which will be used in the Radio Corp.

20 Sears Roebuck Welsh mines.

Already similar barter terms Standard Oil Co. of NJ. 29% have been arranged with Finland Union Carbide & Carbon 27%

Socony-Vacuum Corp.

76%4 and Sweden, but in these cases, Union Pacific

20 while wood came to South Wales, United States Steel the coal was supplied chiefly from Westinghouse E. & M., 29 the north.

are

EXCHANGES.

*

39% specific demands, however, and here Rauba ...... 5724 you reach a wide gap between all vascuela Gold Fields $ that Germany wants and what she Benguet Exploratioșia $ 241⁄4 can possibly get under the new'

Docks, Wharren, world conditions created by the war Godowns, &c. 174 and its aftermath. First of all, H. E. & K. Wharves $148

there is no doubt that Germany, H, K. & W. Docks... 20 from the proudest Junker to the South Ch. Motors (A) S humblest artisan,, wants the Treaty

(acw) $ Hongkew........... TIs. 18% Germany's favour. A plebiscite on N. Engineerings...T. 4that question would hardly register Shanghai Docks ...Th.

19%%%

20

27

15

Lande, Hotels &

Buildings.

-

ten votes fa the negative among all j.the 25,000,000 or more Germans who

would rush to record themselves. H. K. & S. H. (old) $ 0 Whether this revision comes through!

(New) 5 27% the League of Nations or how. It H. K. Lands......$ 773 28%

comes is immaterial In their view. Shanghai Lands ...Tls. They would prefer that it come | Metropolitan Landa Th. peacefully, but, as to the means, Humphreys ā let the diplomats and the politicians H. K. Realties .....................$$.10 arrange that among themselves. It Asia Realties "A"...MS "B"...M$ will be the result that counts.

Chinese Estatesman® [93 Colonies Wanted.

China Realties ....Th. Apart from the question of war China Debentures...., Tla. guilt, however, Germany wants Cotton Mitte. many specific and practical things.

The 18,90

TO-DAY'S QUOTATIONS.

T.T.

This will not be the first time that Newfoundland props used in the Welsh mines, for considerable quantities were im- ported in 1924 and 1925, after On London-- which they ceased as a result of export embargo by the New- foundland Government.--Engin cering. POPULAR SOLICTOR MARRIED.

(Continued from page 1).

The whole made a perfect silhouette. Hong Kong Gao:-1L Queen's Boad Central.

She carried a bouquet of arom likes In attendance as bridesmaids were 1. 150,000,000

Ho Tung. 1. 80,030,000 the Misses Florence

On demand

#

:::

***

T

Art

ww

*****

13

10

*

11.40

***

***

ཤྰ་སྐཎྜཀྰ་ ཿ་ལྷ ཎྜལྦ ཀྱི་སྤྲུ{ ene$。་

Not

##

* for 1231 987 1898 1834 bolle caughton

Last diriitand for 19.

sents a paw! for 1931

Dentarim 1.3 alo 172

T. & 25 for 1931

Apr ↑ Stor year -4.5% inconvocorts

Mar, 10, 3

mo

| Mar, 24, 30

Sept. 30, a

Mar. 8, 33

July 30, 2

Des

Gicte.(old) Mais.fuew) for la.] Mar. 18, 33. Interiza No Aug. 13, Interim T-1.29 are 12.......July yo, 30 Sep.. I your 70°31 Oct. 18, 33 Fist 29, F

faks oh old

for 1981... scents an ew! Fin. Siete mak. Bocte for 195) Mar. 3,33

Feb. Interim #5.340 year 18-2-3...Jan. 24, 33

Doo

Interims T. 0.35 Mo 192

ArA

Sept. 2, 37

Oct. 8, 35.

and T. 12 or half rear 11-10-Nov. 28, 33

Ten for gene 50-6-51.

**

1/3

1/3%

4 months sight

1/32

Credits, 4 months"

sight

1/41⁄4

On New York-

On demand

21%

Credits 60 days'

sight

22%

On Paris-

On demand

556

Authorized Capital ... Pald-Up Capital Roserves

Credits 4 months"

sight

595

.1. 20,015,000 Elizabeth Gittins and Rita Lo.

The first named was attired in Head Oos-AMSTERDAM”,

dresses made of angel-skin lace, Eastern Head UM:-)—BATAVIA.

with velvet coatee in azure blue On Shanghat-

On demand Exodong". Dob-colour, while the two smaller brides-¦ Cherbou Dlumber, Djok Jakarta, The Hague. Hiddah. Bob, maids wore dresses of azure blue On Kobe→→

On demand They with velvet contees.

On India-

T.T.

84%

On demand

845%

76

1034

beir boerskarte (Sale), Ttended in Chinese ceremonial dress.

Dr. K. C. Yeo discharged the On Singapore-

On demand duties of beat-man.

434

55%

the Versailles treaty comes to pass,

ing population. When revision of S'poreTractions Ord.>/

At Locarno she accepted as part of Ewo Cotton the perroanent structure of Europe Shanghal Cottons Tir. the Versailles settlement of her Zoong Sings.......Th. ¡western frontiera, so that Alsace Wing On Textile S'hais and Lorraine must be expected Public Utilities from the desire to return to the H. K. Tramways ................§. status of 1918. The Sarre basin she! Park Trzs (old ..............3 will probably receive in due course when, in the referendum of 1935 Star Ferries (03 already agreed upon, its preponder-Yaumat Ferries (old)$

(new ... ant German population votes to: return to her, Reparations have China Light (old)$16.40)

(new)...$15 already passed at Lausanne into the

(Riga) ilmbo of half-forgotten things. But H, K. Electrica ... (78 there are other demands.

Germany wants her colonies back, Sandakan Lighis... not only for her commercial needs H. & Tels. (old)...$

(new) ..$ 18 but as an outlet for her ever-grow-China Busca.......Th.

t

21.80

$16.20

Don. Intertes Beata, ajo 1992.

81 en old

(now)...

| Apr.

for JOAT ca onco) 206-22.

[Aug. 15, 32

June

98

| Dec. | #5 for 1271..........

Art

Flee, $1.74 01 199

4. P Feb. 11,

Apt. 27, 34

[1545)

Set for 30-6-15 payalle Jan. 30, 33

1ec 8150 for 1831,po

Ms. 28, 35

Macan

17

F

+

www

June) Nane

Deo, Tatarin 1% CÁC TH

*

Elec. T.0.90 for 1930..............

Aug. 1, p Feb. 25, 33

(Prcl.)

Sept.

17% on preference sharon

for year 30-1-12 mgonienssof

LONDON DANKERS:--

On demand

54

she is likely to get some of them.

as there is little doubt that it will, Industrials

551

145-

New Zealand to relinquish the Ger- Cements (com.)

To persuade Japan to return the Malabon Sugars ...... late German possessions in the Far Calds Macg. Ord... Tă. East or to induce Australia and Catas las

27ec Pa. 4.80 for 1930

Beastar 1981

#

July 15 cents for year 21-22

1.15

man possessions they acquired in the Pacific, or the Union of South

(old)

7.90

温房

(new)

Franta on new?

Facts.boss16cts.mk-$1tur1983)||

(45 centa on aid for 1931

Apr. 29, 31

0 19, 3

Mac. 35. 3. Apr. 7.

Dec.

***

THE

Nominal Nominal

$1,74 for 1091

Mac. i 37

1160.

181

INC:

Manager.

Head Office:-65, Broadway. New York.

Capital Burplus ... Reserves

‚U.S.$8,000,000.00 ,1.9.81.882.882.04 .U.S.$1,458,116.78

1% prem

8%% p.a. 30% dis par.

Det

11.AD

on eld í för year 21-18-81

| Apr. 19, 33

6.40

Fab.

Fab

cts, bonusate for a func B, 3 making so cla

@-bounabo côn, tạr yearspor Apt. al, p

22.131.

102

Feb.

101 Denwes stag for your

maktos $1.8} win

May 17, 32

12 aberastuets, for, ye>

|| 1.205

Fat

120

***

BANK.

Subscribed Capital

..$25,000,000.60

Pald-Up Capital

Reserve Fanda

.$24,7; 200.00 ..$3,820,008.82

HEAD OFFICE: SHANGHAL

HONG KONG BRANCH:

4. Qasen's Road Central.

Owing to our numerous branches in China and large connections to the im- portant commercial centres of the world, we are able to extend to our eilents special facilities for domestic and foreign banking and exchanges,

We also handle the issue of Bondr

Beaches:-Bandlarınalı,

Celestia

Maksuma, Medan, Pelambang. Peistallo longan, Penang. Rangoon. Botterdam",

Semarang, hasghar Kingapore or carried posies. Lady Ho Tung at On Manila- On demand

and Wellerradan”.

*Thane offra havə Safe Deposit Braces to Lez

NATIONAL PHOVINCIAL BANK LAD,

ASTUIZ:NK.

Manong.

Hong Kong, 21st June, 1882.

After the ceremony a reception On Butavis- was held at the Hong Kong where many friends joined in toasting the On Saigon--

On demand..... Cortepondant all over the world. Ranking Bat happy couple who lator left for their

scary decription cosassorad

honeymoon which is being apent in On Bangkok

On demand Shanghai. Mrs. Horace •Lo'si travelling dress was an ensemble of Sovereigns Bank buy-

1/4% ing rate brown, heavy wool jumper with a touch of cantalon lace on the bodice. Bar Silver per oz... 17

Bar Silver in Hong She wore a coat to match with

Kong Copper Cash Copper Cente

and other Public Funds of the Chin| AMERICAN EXPRESS COMPANY, large sache of velvet.

ee Government both at home and abroad.

SHOU J. CHEN,

Hong Kong, 6th March, 1981,

THE YOKOHAMA SPECIE' BANK. LIMITED.

Established 1880.

Capital (fully paid-up). Yen 100.000,000 Reserve Fund. Yen 117,800,000

BRANCHES-

Quere

Havane

Marting

Head Office:-YOKOHAMA

Д

Hacer ZLATZE Exceriakan

Ranks Pirw Varia Pramog

t

Branches and Agencies at:

Brussts

London

Pelping Falec Busserdem Becom

Boss Alre

drerpost

Samboul

Alexandria

Nagasaki

Guoda

Batavia

Calro Oslo Canned

Lagoo

Laxy

Berlin ...

Colomb

Marvellou

Now York

Monte Carlo

Osaka

Munich Moo Milan

Vanion Yokohama Zurich

Nagoya Newchwang.

The bridegroom is a popular member of the Chinese Recreation Club, being Captain of the League 'B' tennis team.

NOTICE.

OWER OF ATTORNEY dated

Po

Rate of Native In-

tereat

Chinese Sub. Coin Hong Kong. Sub. Con

Singapore, 4th September, QUALITY PRINTING

1930, in favour of Abdoali Alimo-| hamed for management of my} Hong Kong Branch is revoked and cancelled from the lat January, 1088,

R. JUMALHOY.

With Quick

Service

THE NEWSPAPER ENTERPRISE LTD,

Africa to surrender Southwest H. K. Roper ... Africa, is hardly to be expected. China Agriculturale ...$ But there are other coloules in Stores, &c. Africa which might be returned Dairy Farms.....$29 without upsetting the world, and was (old)......

(new) compensations "elsewhere might be

Der A Wing cream awarded in lieu of the rest.

Then there is the Anschluss with Lane Crawfords...... Austria, which also seems destined Mackintosh to settle itself satisfactorily in time Sinceres...... through economic pressure and Was. Powella...n natural drift, regardless of French | Wing On (H.K. S

.. Miscellaneous

objection and Balkan intrigue. And

last in the territorial matters comes H. K. Amusement...$ the burning question of "the Cor Ch. Entertainment ...$.... ridor," which set overy German 5. C. Enterpriana oră, hair a-bristle That is not so easy United Theatres.Ts, of solution, Germany, however, has Macao "Greyhounda” $ Constructions (old) ...$ given hor pledge not to attempt to.

(NEW) +$ change her present boundaries in B. Ind. G$ Bonda in

the East by military force, Barring H, K. Goyt, Losna 2018 3% +-rams

a Hitlerite "putsch" in that direc-wallace Harper Co.'s

tion or Nazi attainment of that full Chios Sport Lad. við

and unrestricted power in Germany

$1.25 for year 31-1

Mar

Sept. 18, 31

.3.0 Deo

costs for 1971

Mar. 23, 32

01 June

Dec.

bo

Deo.

8.20

.40

100%

140 cents an old

Dec. 1 com for 1981

Bombay

Calcutta Canton

Dairen (Dalay)

Priping

Fengtien (Mukden) Rangoon

Hamburg Hankow

Kong

Karachi

Lou Angelon

Internet allows

Bio de Janeiro

San Francisco

Beattle

JanArang

Shanghai Bhimonoseki Singapore

Boorabaya.

İki rales ti bejobtained

Hong 201

Copenhage Kinburgh Floryace

Shanghel Bouthampion Singapore

VIRURG

Branches of American Exprear Com- ang in Principal alties of United States of America and Canada.

THE BANK OF EAST ASIA, LTD.

Established 1918.

HEAD OFFICE:

10, Des Voeux Road, Central,

Capital and Surplus Total Resources

A secounta

All classes of Commercial Banking | Transactions undertakan,

Personal investment handled.

The Company offers to intending Travelers the use of its ("Travelers Ap-Choquent) and Letters of Credit and, in addition, the world-wide services of Its thoroughly equipped Travel De. partment

EW. DUGGAN,

- TONG KONG

ever HL-5,000,000.00

evar IL$40,000,000.00

Every description of Banking and Exe ange busines Kansacted"

Current and Fixed Deposit Accounts in lõest and for- aign currencier opened for clients.

Savings Account and Safe Dapselt Bozes. Branches and Agencies all over the world.

KAN TONG PO,

Chief Manager.

which is one of the nightmares of ...

Internetball yearly,

Jan.for for #1-1-32.

marious Germans, that, too, may be times and pressing debts. But the among the leaders in world power. adjusted peacefully if the spirit of debts are melting fast under mach and world influence. That she con- Ingenious manipulation, and times celves to be her right, and there are pesce can be maintained.

There remains that disarmament will not be hard forever. Then the 65,000,000 of sturdy, healthy and which the Versailles treaty promis- armament race will be on again, hard working folk, bone of her bone ed and which is not yet in aight, al-unless means for rent disarmament and flesh of her flesh, who back her though the world's statesman for a aro found at Geneva, and Germany in it. They demand equality with whole half-year have been doing will not be long behind the fore the best-in power, in prestige and what passes for their best to bring most in it. There are plenty of in possession.

ft about and soon are to resume the putative and willing soldiers In the She wants these rights she con- effort, this time, under pressure of Belch. Only war material is lack-ceives to be hers by peaceful means [if possible, for she has had her lee- worse to befall should they fail All ing

"These "things, ary specific; there son. But she wants them anwaY, Germany is resolved that her neigh- bours shall disarm themselves, or is yet a broader aspect. Germany and any who stand in her way aro khe herself will again rearm. There still wants that place to the sun. in for a long and hardstruggle. is no doubt about this resolve it She always will, and it is not a There is no inferiority complex will be tempered at first by the in- amall place. She is determined among Germans, nor is there likely sbility to spend muca, due to hard to be, if not the lender, at least to be while the breed andare

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