6
NEW ADVERTISE. MENTS.
NOTICE.
"R. GEOFFBET P. LAMMERT.
Men appointed to det a My AUTHORISED CLERK From FEBRUARY 137, 1930.
G. A. HARRIMAN, Hong Kong Sharebrokers" Association.
(7359
NOTICE
PUBLIC LECTURE
on the
A Subject of "RELIGION: THE FETTERS OF FREEDOM," will be given by Bev. Fs, P. JOY, ST. PATRICK'S HALL, 3, GARDES ROAD, TO-DAY at 5.30 p..
The Public is Cordially Invited..
EU
AGENCY WANTED,
UROPEAN BUYING AGENTS, Life-long Experience in the Export of Machinery, Hard rare, and Addi General Merchandise, Open for
tional Connections: Makers' Original Invoices submitt d: Stoni Commi sinn: References exchanged-MINE
INTIMATIONS.
HUMPHREYS ESTATE AND
FINANCE COMPANY,
LIMITED.
TOTICE IS HEREBY GIVEN that the ANNUAL ORDINARY N GENERAL MEETING of SHARE- HOLDERS in this Company will be held at the HONG KONG HOTEL
aa FRIDAY, 2 STK
Hong K, 1929, at 11 A.M., for the FEBRUARY purpose of receiving the sport of the Directors together with Statement of Accounts for the Year ended 31st DECEMRZE, 1999.
to
The TRANSFER BOOKS of the be CLOSED from Compan THURSDAY, SIBT JANUARY, FRIDAY, 8TH FEBRUARY (Both Days incinaire), during which Period No Transfer of Bhares ost be registered. JOHN D. RUMPHREYS & SON,
General Managers. Rong Kong, 24th Jan, 1929, [7295
THE BANK OF EAST ASIA, LIMITED.
TOTICE IS HEREBY GIVEN
LUBRICANTS, LTD., Fennel Street, NOT the TENTH ORDINARY
MARCHISTES, ENGLAND.
AGENT WANTED,
Spinners
And LD-Established
Manufacturers of Hand Knitting. Hosiery and Mending Wools, are desirous of appointing SOLE HEPRE SENTATIVE in HONG KONG for
the
MEETING OF SHAREHOLDERS
will be hold MERCHANTS' ODINA
the CHINESE
CLUB (5TH FLOOR) BUILDING, Queen's Road Central 30. SATURDAY, THE 16TH FERRUARY, 1929, for the parpess of receiving the Report of the Directors rece for the Year Ending 31st DECEMBER, together with a Statement of Accounts 1928.
Wools
The TRANSFER BOOKS of the of above Cianson of
Established Company will he
CLOSED from Applicants must have
with
Warchousemen, SATURDAY. 9TH FEBRUARY, to Connection Dealers, Hosiery Manufacturers or SATURDAY, 16TH FEBRUARY, 1929 Retailers Write stating Full Parti-Bath Days inclusive) during which colare, giving Beferences and Terma
registered. required fin confidence) to-ELLIS, Period No Transfer of Shares can be HOLLINDRAKE & CO., Little Dorritz Works, BINGLEY, YORK, ENGLAND.
HONG KONG TELEPHONE CO.,
LIMITED.
TOTICE IS HEREBY GIVEN that the FOURTH ORDINARY
By Order of the Board of Directors,
KAN TONG PO,
Chief Manager. Hong Kong, 24th Jan., 1929. 17298
TEARLY MEETING of the HONG THE HONG KONG, CANTON &
KONG TELEPHONE COMPANY, LIMITED, will be held on FRIDAY, THE 22ND DAY OF FEBRUARY, 1979, at the BOARD ROOM of the
BUILDING,
F2007+
TheCom.
EXCHANGE
- MACAO STEAMBOAT CO.,
LIMITED:
NOTICE TO SHAREHOLDERS.
rany, Kong, at 12 O'MOCK THE Noor, for the purpose of receicing Statement of Accounts and the Report of the Board Directors for the Financial Year ended 31st Decays 1928, and re-electing Twe Directors and the Auditors.
of
the
Days
AND
ONE HUNDRED NINTH ORDINARY HEET. ING of SHAREHOLDERS in the Company will be held at the Office of the Company No. 41. Drs Vous Bon TUESDAY, 19TH FEBRUARY 1929, at 11 AM. for the purpose of of the Directora, together with a Statem
on
The TRANSFER BOOKS of the Receiving Statement of Accounts, Company will be CLOSED from 16 FEBRUARY, to the 2D declaring Dividend and Electing Directors and a BOOKS of the
Auditors. FEBRUARY, 1999, Both
"The TRANSFER inclusive.
Company will
Dated this 30th day of January, 1929. By Order of the Board,
T. A. BARRY,
Acting Secretary.
[7888
14, Des Voer Road Central, Hong Kong.
THE INTERNATIONAL RACE & RECREATION CLUB OF MACAO, LTD.
N
TOTICE IS HEREBY GIVEN that An ORDINARY GENERAL ANNUAL MEETING of BHARE- HOLDERS of this Company will be Company Office the held at
at MACAO ON THURSDAY, 29TH FEBRUARY, 1929, at 3.00 r., for the perpose of receiving and
thought fit
THE HONG KONG DAILY PRESS, WEDNESDAY, FEBRUARY 6th, 1929.
INTIMATIONS.
Fine
Sherries
Superior Pale Dry.
Full Golden.
of very superior quality specialy selected, grown, and bottled by Anto. R. Ruiz y Hermanos Xeres de la Frontera.
Fine Ports
Douro. Choice Old.
specially selected, bottled and shipped by Robertson Bros. & Co., Oporto...
Very Fine Old Tawny.
specially selected, bottled and shipped by Silva & Cozens, Oporto,"
A. S. WATSON & CO., LTD.
WINE AND SPIRIT MERCHANTS.
PHONE C. 616.
[50
WEATHER REPORT.
Yesterday's weather report, fore cast and remarks, issued by the Royal Observatory at 7.19 p.m.. stated:-
The anticyclone over China has weakened slightly. Fresh monsoon may be expected along the BE.
coast of China and over the N. China Sea.
winds,
Local Forecast:-N.E. fresh, overcast, some drizzle or mist.
DEATH. FERNANDES.-O. February 4th, at har residence in Maeno, the COUNTESS DOWAGER DE SENNA FLAVANDER, aged 52.
17368
Hong Kong Office: 11, Ice
Strest. London Office: 91, Bride Fleet Street, E.0.4.
House
Lado,
The
Baily
Hos KONG, FU fix, 1929.
MR. NORMAN IN NEW YORK.
WHEN the Governor of the Bank of Engined mases & trip across the Atlantic (especially at this season of the year), it is quite safe to assuing that he is not travelling for his health. Mr. MUNTAGU NORMAN was recently re-elected for a tenth year of office-an unprecedented
News and Views.
We regret to announce that Mr. C. J. Church, of the Advertising and Publicity Bureau, who has been weeks, has had a relapse. suffering from typhoid for some
Rev. Fr. P. Joy, 6.J., will give * public lecture on the subject of
Religion: The Fetters of Free dom" at St. Patrick's Hall, 5, Garden Road this afternoon at 5.30 p.
་
Sino-Japanese Relations.
1
Was
Superintendent Murphy announc ed at the Central Magistracy you- tarday that he had no evidence to offer against RM. Gutierez, who had been charged at a previous hesring of complicity in the utter- of a forged scrip purporting to be 500 Tramway Company shares. The Magistrate, Major C Willson charged, Two Chinese under arrest in connection with the affair will ordered the accused to be on
be before the court this afternoon,
Malayan Tin.
In what respect discrepancies are alleged to exist in Mr. Ormsby Gore's recent report on the tin industry we do not know. Reuter simply states that it has been sug gested in the House of Commons that there are discrepancies, and that if details are supplied, no the investigate Colonies will doubt the Under-Secretary for the Here are some of the charges
in
no
of
from the
There are three exchanges which suggest possibilities for gold exports to the United States-Italian, Argen- tine, and British. Italy, however, is not disposed to let its gold go abroad, and Argentine exchange is wavering above and below export amount of bullion is to be expected point; in any case, no considerable from that quarter. The position of Britain is different. Sterling has been standing at a level very close to export point, and the possibility of more gold going to Germany makes
The new Musater Khana (tra it necessary to endeavour to check- the renewal of heavy exports of vellers' rest house) for Mahomedans bullion to the United States. New will be opened by the Hon. Mr. E. York has a very strong influence D. C. Wolfe (Captain Superinten upon the stock and money markete dent of Felice), at 30, Shelley-street in London, and conditions in Wall at 15 p.m. to-day. Street can quite, easily bring about
Mr. G. R. Sayer presided at a statements made in the report a risc in the British bank-rate.
"The Chinese have a say- Brokers' call money in New York meeting of the Sanitary Board which has been challenged in Par has been quoted at 13 per cent reyesterday at which the business was iament. cently, and if the banks are really of a formal nature. Others presenting that tin if left in the ground were the Hon. Mr. H. T. Creasy, will breed. The alluvial soil in the trying to check speculation in
the Hon Mr. A. C. North, the river beds of Malays seems to be stocks still higher figures may be recorded. Some weeks ago there Hon. Mr. J. P. Braga, the Hon. continually in process of being en- It is idle to were rumours of an advance in the Dr. S. W. Too, Mr. H. A. Fawcett, riched with ore washing down from
Dr. W. V, M. Koch, Dr. S. C. He, the mountain sides. New York rediscount rate to 5 per
The dredging tin, in Malaya. cent-ons point above the British Mr. Wong Kwong Tin and Mr. "J.prophesy any coming exhaustion of more than A might remove figure. In auch an event, sterling- Watson (secretary).
negligible fraction of the supplies dollar exchange would move back to the point at which it would be
The best news from the North for One authority reckoned that at the profitable to ship gold from London
was good for at least another 200 Mr. to New York. With the very heavy many moons is contained in the present rate of production Malaya
of tin mining." withdrawals of bullion made last cable messages this morning report- year, and the prospect that the de- ing a settlement of the issues be years.
"incident." In commen: 1027 nearly half of the world's tin mands of Germany for gold will tween China and Japan over the Ormsby Gore pointed out that in continue while she can borrow out- Tsiaan
about 70 per cent. of the supply side her own territory, the prospects ing on this subject recently we supply was mined in Malays, and of a rise in British bank-rate woaid pointed out that although there was be increased by any further adverse little satisfaction to be derived refined tin was shipped from the on Sino-Japanese relations, there Penang, Production is now at the development of the situation in the from Baron Tanaka's recent speech smelting works in Singapore and ters of metallic tin per annum. United States
Unless the foreign demand for was a strong force of political fate of between 40,000 and 50,000 gold subsides, the chances are in opinion in Japan in favour of a
more liberal attitude towards The rumours of impending shortage favour of an early rise to the bank- rate, and thus it seems very prob China. With both sides stiff-necked a few years ago led to a speculative pumbers of Chinese miners to se able indeed that Mr. MONTAGU has and stolidly waiting for the other rise of price which stimulated large- in fact gone to New York in the to give way, the situation
1027 supplies of tin event, and one which has led some
hope of reaching an understanding decidedly dangerous. With both tivity. In the first three months of to believe that the Bank of England with the National Reserve Bank. A parties really auxious to come to Federated Malay States showed an has decided to have a permanent rise in the official value of money agreciant, ways could be found to
"At the present level of has a very disturbing effect upon overcome all differences, and it increase of 27.4 per cent. over the
harply. Governor. When Mr. NORMAN gocs trade, and there are troubles enough seeing that Mr. Wang and Mr. preceding year, and the price fell. abroad he travels under an assumed for British business-men without Yoshiwa bave at last reached about 0 per ton many of the adding to them. The Bank of Eng: common ground, "though the dis- Chinese producers are going out of
W775 sometimes heated."
ments that are being made in name, and never does he take the land has been strongly criticised of cussion trouble to inform the Press as to the late for following a policy which is With really friendly relations estab. production, but the steady improve- held to be largely responsible for lished between China and Japan, European dredging, machinery seem depression suffered the political situation-particularly to preclude any marked falling off the aggregate supplies, and object of his journey. The Newthe business York Journal of Commerce hazards during the past twelve months. The in Manchuria--becomes tremendous-
Old Lady of Tareadneedle Streetly improved. No better start for practically all the well-established is represented as standing in the the "old" new year could be im and not over-capitalised companies About three a guess which is probably not very wide of the mark. It says the way of more employment, commer agined than a cordial shaking of are making very fair profits even
cial enterprise, and industrial deve hands between two great nations at present prices."
months ago the London-Malayan Governor of the Bark of England lopment. Even l'ench has recently whose differences have more than
combine of sixteen has gone to the United States with caricatured the Old Lady behaving ance threatened seriously to disturb Tin Trust was floated with a in this way-and that genial old an alrady sadly disorganised corner capital of two million sterling- incident" disposed of companies controlling about 12 per the object of conferring with the gentleman-as everybody moveis of the world. With the unfortunate This trust is New York Federal Reserve Bank very far from being a Bolshevik. Tainan
As a matter of fact, however, the other Sino-Japanese differences cent of the world's total produc regarding a scheme to prevent fur-money-market in England has been should yield to similar treatment, tion. In the prospectus it was in- ther imports of gold from Britain held well in control as a result of to the vast benefit not only of the timated that important negotia- but to all interestedi n the develop leading Eastern dredging groups, the market not been kept stabilised,
unification of policy and manage- and the bank-rate, reduced when ment of trade and industry in and it was intended to aim at ment over the widest possible ares gold was being imported into China.
within the Eastern tin fields. Mr. Britain in enormous quantities, a rise in the rate would have taken The Mui Tsai " Question,
A very controversial subject has Amery told the House of Common place long ago as a result of the hear export of gold since Septemheen again brought up in Parlia that he was aware that exhaustion ber. Mr. NORMAN was able last ment, and appears to have aroused of the Malayan tia deposits had year to avoid two disturbing in very considerable interest Four been frequently prophesied, but the cidents-a fall in the bank-rate and questions were put to the Colonial heavy over-subscription for Trust. a. subsequent reactionary rise. It Secretary concerning the mus tai shares last October seemed to in- now remains to be seen whether he system, and his replies led to dicate that many people had con can devise ways of avoiding what number of supplementary questions.fidence in the future of the îndus- is usually regarded as the inevit A Reuter message says that Mr.try..
ed he had no reason to believe that ablo sequel to excessive exports of Amery, in replying to these, declar- bullion-a rise in the bank-rate
One factor of the present situa the Hong Kong authorities were THE SMALL-POX EPIDEMIC.
67 DEATHS LAST WEEK. tion in New York is the recent re-not carefully watching the situa sumption of earmarkings for Euro- tion. The Colonial Secretary stat ed that the Government is awaiting pean account. This business is re-
Now smallpox cases Lotified last garded in American banking circles receipt of a report from the BS likely to have an important Governor of Hong Kong as to the bearing upon the longer trend of working of the Ordinance passed week totalled 68, of which 1 was money rates Up to date no very in 1923, which is expected to reach British (imported) and the re- large transactions of this character London in a few weeks. On its mainder Chinese. Of these 20 yere appear to have been concluded, but arrival no doubt further questions from Victoria and 38 from Kowloon, Another 18 cases were reported from Victoria, 11 the possibility of further and more will be raised in Parliament, uThe death roll was 67. -
The Ordinance to Short very strong.
on Monday. extensive earmarkings has to be feeling on the subject appears to be taken into consideration. time deposits and other investments which Mr. Amery referred prohibits from Kowloon and 1 from Shauki- in the United States for foreign any person taking mui trai into his account-that could be converted employment, but the section pro- into gold at will-are very large,viding that girls already purchased and the possibility of such conver- should be registered has not been sion depends upon foreign central put into operation. The Governor was of opinion that registration this point are bank policy in regard to gold. (at that time Sir Edward Stubbs) Until views on more clearly known, "the probable was not of great importance, and amounts of further earmarking in that opinion seems still to be held the United States of gold for in official quarters. The Anti-Mui
One of the partners in the Man foreign bank account cannot be Teal Society, however, takes the
Sui Lau Printing Shop, 30, Re- estimated. It is, however, regarded view that failure to insist upon re
gistration has resulted in an inclamation Street, has reported to crease in the number of mui tear the police that the manager of his as a factor which may exercise an important influence upon monry
the Colony. Representations appear rates during the present year-
to have been made by the Society shop, Tani Fan Fai, absconded on. There is a very close connection between changes in the bank-rate to the Colonial Office arging that Monday night taking with him n of foreign ex registration be enforced, that girls quantity of English and Chinese and movements
so registered be paid wages, and at type, valued at $600, 3,000 Chineze change, and Mr. NORMAN's visit to New York to discuss the situation the age of 18 be given the option song books, valued at $760, & paper with American, bankers will attract of leaving their employers. Mr, punching machine, valued at $20. The master of a rice shop in Graham Street. has also reported the attention of financial authorities Amery suggested that the large n- and a quantity of stationary valued disturbed conditions, may account the disappearance of a foki with interest-rate in London is above Kong from the mainland, due to all over the world. The higher the flux of Chinese families into Hong at $1,530. investments will be made in bills for the increased number of mui
tsai in the Colony, and this seems B1as collected on behalf of the
business. IN THE MATTER OF THE CHINESE half of the world's stock of gold those in foreign centres, the more from foreign bankers, and the in- MERCHANTS. BANK, which she acquired because her LIMITED. (In LIQUIDATION).
debtors had no other method of centive there is for them to send quite likely. The problem is not an
HANGED IN A CHURCH. ing. Every foreign purchaser of thus sold is badly treated, any more DIVIDEND OF THREE PIR
meeting their obligations. The long bills to London for discount easy one to solve. Not every girl CENTUM.
stock in the Bank of England, paper means provision of funds, than every child is kindly treated by
CHINESE WOMAN'S FATE. Nchat A THIRD DIVIDEND of it
and ring Exchsages in Britain's Yep the idea of buying and selling TOTICE IS HEREBY GIVEN though it may have been largely thus checking the outflow of gold, its parents not even in England! favour The general result of a girls, even to save them from slow
unknown Chinese woman.. THREE PER CENTUM has been tries, would have reached such a
was found by a declared in this matter, and that the formidable total that Britain could high discount-rate in England is a starvation-is abhorrent to British same may be received at my Off, have faced withdrawals at a subse high rate of exchange and a flow sentiment, though from the Chinese CHATRED RANK BUILDING, Vietenia,quent date with equanimity. As it of gold to London. Frequent or point of view there is nothing" ob | aged about 40, Hong Kong, on the 5TH DAY OF
rate have been avoided hitherto, but her daughter as a bride! Eastern Stophen's Church, Pokfulam Road. of and Western ideas on these matters She was suspended by a cord at- FEBRUARY, 1929, or on any subse-ia, the high rates current in America sudden changes in the London bank-jectionable erea ir a mother selling Chinese constable, hanged; in St.
the Hours tend to drive money there from anent Week Day, betwe
other countries, and if the recent the amalgamation last year of 10 and 4
notes has brought about a situation gradually drawing closer together, church and was quite dead when The body was respectably dresser Upon applying for payment Creditors criticisms of the Bank of England Treasury and Bank of England are widely separated, but are tached to the west window of the
Governor's visit to New York is Kong Government either by acti Upon applying for parent to them policy had concentrated more, upon together with any Bills of Exchange, the unwisdom of keeping money quite new,, and it may be that the and we do not believe the Hong cut down,
level at a time when considerably partly the result of novel conditions of commission or omission-desires in grey overcoat, grey silk jacket, on the bullion market resulting deliberately to delay the develop black cotton trousers, shoes and ment of more liberal ideas among socks. The body has been removert
to the public mortuary, Deposit Receipts, Fase Books or rates in London at a stereotyped SEOURITIES held by them.
from the introduction of this new
the Chinese people. JOHN FLEMING, CA; higher figures were current at most other important centres, it would
system of currency. Liquidator.
have had more point. Hong Kong, 20th Jan, 1929 17354) |
be CLOSED" from CHINA MOTOR BUS COMPANY. without making it necessary to raise the Bank's policy last year. Had two countries primarily concerned, | tions were in progress with other
WEDNESDAY, 62 FEBRUARY to TUESDAY, 19TH FEBRUARY, 1929, Both Days inclusive, during which period No Transfer of Shares can be Begistered.
By Order of the Board of Directors,
JOHN ARNOLD, Hong Kong, 22nd Jan, 1929. 1783
Secretary.
.HONG KONG & SHANGHAI BANKING CORPORATION.
HEREBY
paning the Accous ta for the Period end- N that the ORDINARY YEARLY
HALL
од
of
ing Bist Decaysiz, 1928, and of elec- MEETING of the SHAREHOLDERS
Hoog ting the New Board of Directors for the in this Corporation will be held at Years 1999 and 1950, in view of the fact OTTY
ригрова that the present Board of Directors is | SATURDAY, THE 23RD PRI not prepared to continue in Office unless 1929 at Noos, for the
receiving the Raport of the Court of re-elected
NOTICE IS GIVEN that should Directors together with a Statement of there not be present at the Meeting Accounts for the Year ending 31st
1928 The
sufficient camber to form a quorum,
contened for the 28th FEBRUARY, REGISTER of SHARES of the: then the Meeting will be adjourned for | Corporare ill be CLOSED from!
MAROH 16TH at the Beme Time" and Place.
CARLOS DE MELLO LEITÃO;
Chairman.
Macno, 26th January, 1929.
AN EXTRAORDINARY GENERAL". MEETING.
NOTICE IS HEREBY GIVEN
that An EXTRAORDINARY GENERAL MEETING of SHARE HODERS of this Company will be Oface, at beld at the Company's
THURADA
for the the Memorandum of the Com-
MACAO
on
FEBRUARY, 1929, at 3.30
of dimussian
рагроме
Articles
and pany with the abject of altering same in such manner as may be decided upon, and of receiving and dissuasing the Special Report of the Board of Directors of the Company.
Shareholders are requested to be in Person or by Proxy as the
the 11r FEBRUARY to SATURDAY, the 29AD FEBRUARY, 1929 (Both Days inclusive), during which Period No Transfer of Shares can be registered.
J
By Order of the Court of Directors,
AO. HYNES,
Chief Manager. Hong Kong, 4th Feb., 1929. (7845
HONG KONG FOOTBALL ASSOCIATION. INTERPORT GAME.
SHANGHAI- TONG KONG D
MONDAY, FEBRUARY 11TH, 3.20 P.M.
BOOKING FOR CLUBS will Deänitely CLUSE on the 47 FEBRUARY,
preHogs will have as important | BOOKING Fox PUBLIC will Opea on
bearing on the future of the Company. Proxies should specifically grant fail powers to take alterations in the Memorandum of Association if anch shonli be found necessary..
CARLOS or MELLO LEITAO, Chairman
[7344 Macao, 26th January, 1929. RAUE AUSTRALIAN GOLD MINING CO., LTD. INTERIM DIVIDEND,
the ST at the HONG KONG HOUSE, FOOTBALL CLUB "HAPUT VALLEY, Every Evening From
[7131 5.30 to 7 FK.
THE BEN LINE STEAMERS, ". LIMITED.
9.8. "BENGLOE.”. NONSIGNEES are Hereby informed N INTERIM DIVIDEND of Nat owing to Damage betamed ONE SHILLING Per Share by accident in the Suez Canal this is Payable on MARCH SOTH, 1929, ou Vessel's Arrival will probably ke account for the Year Ending MARCH delayed One Month. 31 NEXT.
The Singapore Transfer Register wil he CLOSED MARCH 10% to -17840- MARCH 307E
Agents.: GIBE, LIVINGSTON & CO., LTD, Hong Kong 1st Feb., 1999 (2987
EXTENSION OF No. 7 ROUTE SERVICE TO
KOWLOON TONG. TOTICE 18 HEREBY GIVEN No
that Op addKfter the 1st FEBRUARY, 1929, this Company will Operate A TEN MINUTES Service between STAR FERRY and Kori TONG via SALISBURY ROAD, NATBAN ROAD, ARGILE STRITY, HO MUN TIN. WATERLOO ROAD and MONTAGUE EDE BOLD.
NGAN SHING KWAN,
Manager.
[7820
80th January, 1929.
TO BE LET. From 1 APRIL, Furnished FLAT, No. 1, A10UTH HALL, MAY ROAD, Recen
Righich
Three of face the Harbour. Glorious Unister. rupted Outlook D.M. GOODALL.
COMPANIES WINDING-UP
31
the discount-rate of the Bank of England..
The very high rates for money prevailing in New York naturally attract funds from other centres. Thas a boom in Wall Street has its reaction in Threadneedle Street, and sterling-dollar exchange moves The gold ex- against Britain. changes in Europe mostly move with the dollar, and consequently rates are brought down below the gold export point. The Bank of Eng land has now lost much of the enormous amount of gold accumu lated during the earlier part of last year. In other words, Britain bas been financing the boom on Wall Street, as surplus capital naturally. drifts to the place where it earns the best return. The bank-rate was not lowered in London when the increased stocks of gold appeared to justify such a movement, nor has the rate been raised since Britain. has lost the bulk of her gold. The Bank of England has aimed at pre- serving the stability of discount rates, but seemingly this is becoming much more diutult to achieve, hence
IN THE SUPREME COURT OF Mr. NORMAN's trip to New York. There can be little doubt that had HONG KONG.
not the mad gambling in America assumed auch enormous proportions IN THE MATTAR OF THE COMPANIES that country would have continued the process of repatriating that ORDINANCES 1911-1925
No. 1 or 1924.
.
PRINTERS' MANAGER
ABSCONDS.
TAKES STOCK TO START ELSEWHERE.
An
C