COMMERCIAL.

Sensational Rise in Philippine

Hemp.

To Sail

| FOR SILANGLIAI, KOBE AND MOJI: T

UB Steamship

** DIE WARA.*"")

The Blender Jinn superior accous

THE HONGKONG TELEGRAPH, THURSDAY, JULY 25, 1912,

Public Companies

Banks

THE WEST POINT. BUILDING INTERNATIONAL BANKING

COMPANY, ELDUAR

AN

Interim Dividend of Téo'kuliaro per share for the Six month ending 30th Juno will be payable on MONDAY, 2441 July on which, date Dividend Warrants any his obtined

Fiic hempa havo madou sensa- tional advance in prico that hos earried the market to the highest Capt. w. 3. Bish, will be despatch levels of more than eix youre and for the atop a TOMORROW, is bringing a flow of goldon 28th July, a Noun dollars for the planters of the modation for passengers, is installed Philippines. The upward move-throngboat with Electriu Light and ment, says the "Manila Times"arrios a duly certillud doctor. ́öl July 18, bagan three weeks ago

and apparently was not antici- The do tuer leve but every 2. pated by many of the leaders in the wo-ks for Shanghai and Kabe (la loyal trade. It was followed by noturning vie Muji, providing

| tiku_y of Biên là duy in Japan. series of sharp rises, and to-lay the market is strong and buoyant with avery prospect of climbing to still higher levels,

application at the Qon, may's.atfide. THE TRANSFER BOUNS of the ompany will be cloned from NATUR DAY, the 24 July to MONDAY, the 9th July (both days inclusivu j during which perjad los pramster of RETURN TOURS TO JAPANnes can be registerud.

(Ucquiying 20 days).

Three weeks ago good current was selling at P18.50); to-day it commands P22. In the same period midway has climber from P16.25 to 120. Fair currant

a

eturn tickets are Available by the Indo-Chins Stam Navigation Lois Biostar, Farm for round trip $120, For Farbor Particulare, apply to

DAVID SASSUUN & COILI, Agent

[627

longk¬t.g. 26ch July, 2012

FOR SINGAPORE, PENANG AND CALCULTA,

of United States quality went (Taking cares on Through Bils of

Lading Rangoon, Mading, and

from P12.50 to P15, and fair

current United, Kingdom quality from P8.75 to P10 in the three wooks that the market has beon bounding-upward-

Maurilus).

Stenship

GREGORY APCAH,

Capt. I. E. Drike, will be desquiteire

For Freight or Pasinge, apply to

DAYID SASSOON & Co., Ltd..

Agents.

1626 thongkong, 21th July, 1912,

All the hemp that is reachinged for the aburn ports un BATUR, the markot is boing promptly DAY, the 27th fast.. nt 31.3. bought at these figures and production for the year is far ahead of thint of last year. To July 14, 1911 the production was 710,000 loss; on that day of this year it was 760,000 bales, a lead" INDRA" LINE, LIMITED of an oven 50,000 bales..

The conditions that have con FOR HUSTON 80 NEW YORK,

Tur

TUR Sternship

"UNDRAGHERI,”

By Order of it bond of Drostor.

MOWBRAY 8. NORTHCOTE,

Acting debretary La dilu Longkong 1 Investment & Au

יך

C'o., Ltd. *

Goutal Agents fortke. WEST POINT BUILDING

09., LTD. Hongkong, th July, '1h12. TAS, HONGKONG LANO - IN- VESTMENT & AGENCY

AN

COMPANY LTH

[000

N Interim Dividend of Thue mul!

half tollars per chase ba the Sex months our guth Jere will be piyablo, on MONDAY, 29th. July on which data Dividen i Warranty may Lo nota god on appli, ntion at the CES pby's office

The TRANSFER BOOKS of the Company will be desid Lom SATUR- DAY, the 20th. duly to MONDAY. {4#-2at#—བཱ¥ii+y+-c4++4j«iay—ila=i+6= during which pass my tombo

haras can be register 1

CORPORATION.

Depository of the US. Government in thụ, Philip pine falands and the Republic of Pants.

Iftad Uffice:-60, Wail Street, New York, London Office, Blahopsgate, £.C.

BRANULES :-

Cr

Bombay

Cricutin

Cantou

Colon

Kmpira

Hongkong

Dow

Banks

HONGKONG AND SHANGHAI

BANKING CORPORATION

|SAID-UP. CAPITAL

COURT OF DIRKACJ

Selling

T/T, Shanghaitas.

IT. Bingspore

BRKRYS FUNDSIAT

Marling Kino0,000 mA 3/

Kobe

HADI

60 d

Mexico

RESERVA LIABILITÉS OF

PRIETORS emusoundingLE MARINA

Peking

San Francisco

bhangbai Yokosma

E. Bballim, Eq-Chairman

G.8. Medbuget, Beg W. Ia Pattanden

-

Hon. Mr.C.H. Row

· FL A. Blaha, Eq.

ET. Jars

F. H. Armstrong, Faq-Deputy Chairman.

Capital and Reserve manmani-16,Bonbo About innuke$,490,00

Andrew Forbes, Baq... EVERY DESCRIPTION OF BANKING BUSI-

G. Frisland, Ezje NESS tranacled,

CURRENT ACCOUNTS opened on the usual. 8. Qubbay, Esq. G. K. Laurens, Em DEPOSITS RECHYES, fixad tur ab year at F. Lieb, Faq X per annous or for shotter periods, at rase, which may be ascertained on application.

terms,

HILIS NEGOTIATE and COLLECTED. 3A1, and TLEGRAPHIC REMITTANCES male.

LETTERS OF CHIDIT and DRAFTS, granted ad all the pincipal cities in the World.

THE HANK'S CIRCULAR LETTERS OF CKKN are wyadable all over the World,

COMMERCIAL LETTERS OF CREDIT

isted

PURCHASE and Sate of Stocke and Shares affectin

The Uficers of the Bank are bound way to disclose The transcluna of any of its customers

GEORGE HOGG,

Manager.

3. Queen's Rond, Hongkong. Mongkong, 2244 Marly 1812

THE

AD

ZOKOHAMA SPECIE" BANK,

'LIMITED,

Y

Established 1450.- AUTHORISED CAPITAL Yen 19,000,000 Paid-ur, Úspital ..... 30,000,000 Rave FUND

17,500,000

T

Head Ofice--YOKOHAMA. Brunetics Angelds i &atungseien Bomboy By Order of the 15 ard of Directors

Calouten ́MOWBRAY, 5. NOJUGUTE.

Changekun Acting Secretary,

airén Hongkong, 9th July, 1912 17417

Fo y: HONGKONG, CAVION & SĻACAO | Baukow

STEAMBOAT (C., LTD Honu u

Kobe

NOTICE. TO SHARE"OLDERS. Lin-Yang THE

HE NINETY-SEC ND OF

DINARY HALF-Y BARLY, MEETING OF SHAREHOLDERS

in a Company will be held at the Unico of the Company, 13. 1-1 Mandos, TUESDAY, & Cafe & gas,

Londori i.you

Nagasaki

Nowchwan

Now York

Qunka

Pekin

Ryojun Port (Ar

Lhur)

Saa Frine sod

En snghai

Tioʻlg

Tokyo

Tigatelu

Istenrar Allowed or ChuenT ACCOUNT.

Depit treeived for fixed periods at ixtas te bined ouapplication.

tributed to the sensational rise do not appear to be clearly under- stood hero. There is some indi- cation that American buyers anti-apl. W. B. Kehway, will be despatened

is xboro on 30th July. cipate a shortago in production,

This stomer bas superior ascom and it is manifes: that the drought modation for a limited number of saloon throughout the Philippines Insassengers. Ears to Boston or Now had a tendency to strengthen this Yook C'

with a Statement of Aesant, de tarongkong, 18 Apr, 1912. bolief. But production is heavier For Fraight or passugo, apply te than last your and there is na yet JARDINE, MATHESON & Co..gividend, and daring 10jesters

and Auditors.

no indication that the drought hine affected the supply.

Several of the large local deal-

Agents.

Hongloig, 25 June, 1912.

| 107

ors are buying and all the good ¦ HAMBURG—AMERIKA-LINJE

hemp that is offered is being taken.

FOR NEW YORK

The coarte and common grades of hemp have not been materially affected by the rise and their Stagship

prices have only mado fractional advances.

"AMBRIA," Capt. W. Panns, will in'daspatched as Speaking of the situation one above on or about the 31st Angust. well known dealor said: "Ion-1912.

For freight apply to not tell what causes have contri- buted to the remarkable advance, HAMBURG-AMERIKA LINIE, but it is clear that the market is

Hongkong 0:2. strong and buoyant and all the Hongkong, 24th July, 1912.

fino hemps, and especially those

534

for consumption in the United AMERICAN & MANCIĻURIA

States, are being bought as quick-

ly as they are offoro. The bokel that there is to be a shortage in production, and the local drought, lvivo

evidently contributed

12 a'clock Noos, fur this purpose o

reviving a Tepat of Director, gother

The TRANSFER BOOKS of the Company will be GLOSED from 2000 Inly to B4h August, both day's fælnico. By Onder of the Sound of Minekors,

W. E, ULARKE,

Snaretary. Hongkong, 2th July, 1942, [518

INDO-CHINA STEAM NAVI- GATION CO., LTD, THE TRANSFER BOOKS of the

TAKBO TAKAMICHI,

Alap-gor.

Consignees ·

"SHIRE" LINE OF STEAMERS, LTD, NOTICE TO CONSIGNEES.

FROM EUROPE

Stoum,bip

I

"CARMARTHENSHIRE," Company will be CLOSED from string 'anived from the above por, PO-DAY the 11% Jule, 45 THURS- Consigt ees of cargo by her ate hereby PAY, dat Augat, 1914 (hith deje m'umed that all goods are being landed inclusive), during which puriolan trans-their risk into the hazardous andfor for of thares can be rogatorul., extra hazardous Godowns of the Hong- By Order of the Board of Diretors, coug and Kowloon Wharf and Godown Company, Limited; whence, andfor JARDINE, MATHESON,

& CO, LTD. faoin the wharves, delivery may be ob- General Manigorą

rain.dl.

LINE.

(Bucknall Stamoship Lines, Ltd.) ·

tổ ongekrang, 17th July, 1912.

FOR BOSTON AND NEW YO K.

to produce the conditions that THE Stowship now exist. The quality of our

"KAN AS"

hemp runs in cycles or spots, but Captain B. Linklater, will be despatch- just now a considerable amount of from this Portion or a'out the 9ib.

For Freight sad fal or particulur apply t

THE BANK LINE, LIMITED,

Gaeeril Agentr. Hongkong, 5th July, 1912.

of good hemp is being produced augmi, The coarsehomp got so low in price that the caroloss plantors realized it was not worth while to get tliem, out and that it was worth while to strip good hemp, The provincial buyers nad dealers have also been helping out by insisting on better qualities, and wo can seo the result of their work and influence."

Stock Exchange Reform.

Tho Shanghai Stock Exchange

Regular Steamship

1496

Motices

NOTICE.

1519

HONGKONG AND CHINA GAS COMPANY, LIMITED

1

Chiny MaxASKU: Gongkong-N. J, STAND.

ACTING MANAGER, SHANGHAI-A. O, STRMEN, Loxder Baxters-Lounos Quarr ASED, WHEFACEweter Bank Larzan,

Hongxon---INTERIT ALLOWED.

On Current Acontend the rate of 3 per Usa,

EN ARMR am the daily balanca,

ON FILLED DIPOSTIE

· Zoe - 8 mozibi, 136 per cent, por Annum, For 4 months, 835 per Cond, por Annamn, Vor 18 months, (pm Oasi, per ÁNNUM.

. N. 1, STABḤ, Chief Manager.

BONGKONG HAVINGS BANK.

THE Botines of the abers Bank is conducted by the HONGKONG AND SHANGHAI BANKING DORPORATION, Kales may be obtained”. ww application.

İNTEREST on deposita is allowed on the minimum monthly balance at $57

Per monum.

Depositors may transfer at thali Jption: balances of $100 ar‍mora‍ta th#"Borisover

Exchange

1/11:15/10

Jodi Bylaer

10:d, Ban Foo

THE Japan JosézemÆÐI¶-544

F/T, India..................................................

1. Marks

.97

148) 6 mje, do

Demand, India............. 140 Dar Silver, reads....

Demand, Manila... £8

TIT..San Fransoo and New York 48#

TYT. Marka.

forward

........................... 119 Bank of Bogland rule Namus conia204

T/T. FRGOS 2.51perelen é

Subsidiary Coins.

Discount per $100.

Chinese 1.20 ots, pieces

15/LG

Chinese ...10

Hongkong.20

Mongkong.10

Oplum Quotation.

per

Patna, New..... 3.800

....$2,050 Malwa, Now Malwa, Old..... 3,159 [P] Malwa, V. Old, 8,250

1877/10 | Persian, fine quality 1,500

...$6

Patan, Old ................ 8,000 Beurres, New

Benstos, Old

*** 9,760

SHARE REPORT.

B+RUTALES

..87 8/18

A-SELLERS,

SA-ZALE.

Srecns & Tato 28 VALUR.

CLO

'BANKS.

AND BHANGRA BANK to be placed on Hongkong & 8'hal $125 FIXED DEPOSIT at: 4 Pan Ones, par

For the HorGRONG AND EĦamgirat Banking CorPORATION,

N. J. STABR, Chlef Manage r } Cantone

THE CHARTERED BANK OF: INDIA, AUSTRALIA AND

CHIEL..

·INŢORİJNATHS wy Boral Charten 1858.

4827

584

MARINE INSURANCES,

North, Chine

$50

8240 65 T185

Unions

$100

$800

Yangioe

450 $195

FIRE INSURANCES,

Ohian Firen

30

$198

360

$855

BHIPPING.

$25

96

$10 $27

b.

}

$71

102-

€11.b.

#101888

b.

Hongkong Fires

Uhins & Marilen

Douglas Blomships 200

HEAD OFFICE-LONDON. PAID-UP CAPITAL £1,200,000 Gezave Ford ................................ £1,650,000

Steamboata Gay Liabilit

PROFITOBA...€1,200,000 | Indo-Chinas

OF

FOREIGN EXCHANGE and Geroral Banking business transacted.

CURRENT AÇOU{NTS opened and FIXED DEPOSITS.received for

(Preferred) (Deferred)

Shell" Transports

1 year or shorter periode at rates which |** Star Ferry will be quoted on application.

WM. DICKSON,

Maungur.

Hongkong. 1.th April. 1912. [22 DEUTSCH ASIATISCHE

BANK.

Board of Dinnetbüs ––Bex-A7,

Branoux Calcutie

REFINERIES)

China Bugars Lason Bagare

KINING:

45

$5

$100 110 $100 084

| Chinese Engineeringe (41380/-.

Goods not cleared by the 6 PM 20th inst.. will be subject to runt,

Baliu Hamborg Peking

Hankow Singapore Taingian Yokoliams LONDON BANKERS :

Canton Koba Tientsin

Cronoby UAPITAL FULLT

Labs OOCKS, WHARVES, & QDONNA PAID-UF......Shy Tarla 7,500,000 Kowloon Wharle

$50 $61 H. K. & W'pos Docks $50° ||$45}' s.

1.80 T. 100 Shanghai Docks Hongkow Wharf T. 100 LANDS, HOTELS & BUILDINGS Anglo Freach Lands T.100

41 26-

T.08

[T.94'

8.13

Hongkong Hotels $50

Hongkong Landa Humphreys Estatem

$75 $100 $105

b.

b,

$10 $7.85

b.

$30

384

b.

Shanghai Lands

T. 80

T.88

-1

West Points

$60 $57

P.8

T.-80

T.01

Hongkong Cottons

Jbius-Borneo

$10 85

MISCELLANEOUS,

$12-$8

All broken, chafed and damaged Teinanla packages are to be left in die Godowns, where they will be examined on Mesars, N. M. Boast & Busa. SATURDAY, 27th ins', x6 10 AM. THE UNION OF LONDON LED SMITH's

laims against the steard must be

Bank, Lımıyku,

AGENOT. DIRECTION DER DISCONTO O

SUN AFT,

Kowloon Landa

presented within 10 days of arrival, Devreaus Bank (Berlin) London therwse they will not be recognized.

No Fire Insurance will be affected by expels farge domain for us in any case whatever. GAS COOKING STOVES

Bill of Lading will be countersigned hos exhausted the Company's stock of by new slovas.

MATHESON & Co., ho, JARDINE, Mora are being telegraphed for, and

Agents. intending customera for saine are re- | Hongkong, 22nd July, 1912 - Serviceted to finish their wars and

uddresses la tom Cumpay in that no VORDDEUTSCHER LLOYD, uudue delay will arión In "Aving the

BREMEN. - Flores when they arrivo.

IMPERIAL GERMAN MAIL CINE.

INTEREST allowed on Currend Manils M'pole Hotel P.10

COTTON MILLS). Account. DEPOSITS received on term which may be learnt on applicatiost | Ewox. Every description of Beaking a Exchange baulness transacted.

With Liberty to call

Malabar Const.

Torobes Sailing from Dorosono,

FOR NEW YORK.

On or about

is not the only institution that 5.8. "ATHOLL"... 23rd August.

has folt the need for reorganiza-

tion after the rubber boom of 8.8. ACRE On or about 194 1010, says the "N. China Daily

CASTLE}abor

News." The London Stock Ex- For Freight and Fortbac reformation', change has been busy for nearly | Kople sa

GEORGE CUIRY, Lood Secretary, Hiss Office, Hongkong,

9th July, 19.2.

Consignee

"MOGUL" LINE OF

STEAMERS.

585

NOTICE TO CONSIGNEES.

600

THE

NOTICE TO CONSIGNEES.

The Steamship BILAEMAR" FROM GLASGOW, LIVER- POOL AND STRAITS.

two years reforming itself, al- DODWELL & CO., LTD., though the need in that instance

Agrib

was not so urgent as was tho caso Hengkang. 23rd July 1918.

[ 525

with Shanghai. · For a consider.

able time the committeo was draft- !

Hongkong-New York.

ing reforms, and it drafted new

Co

rules. On a recent date certain rules were put before members 'for approval, and "80 por cent, of the whole body of members wero against the rules." It looks as if, in some cases at least, things are

bottar managed in Shanghai.

Straits Finances.

HE Steauably

* COBLENZ,"

having arrived, Consignees of Cargo are hereby informed that their goods, with

B. TIMMERSONELET,

Manager. Elongkong, 9th Oct,, 1911.

[2

THE MERCANTLE BANK OF

I VDLA, LIMITED.

Auted Capital...... 3. oribed

ld Up

Reserve Fund..mentiona

HEAD OFFICE:

Light and Powern, $101 021

Do. (Speal shares)' #1'}

Chins Providenta

Dairy Farma

Freen Islanda.

$1088)

$10

£1,600,000 1,125,000

688,000 Hongkong Icss' 365,000 Hongkong Hopes

Hongkong Electrica

810 8224

#210

$10 $19)

8. 10

7.62

BRANCHES :

Galle Bingspla Fenag

Morning Post

022

Peak Tramway

Kota Babro, Ke'entan. Kuala Lumpar, F.M.8. Hongkong. Skangbal.:

Do. (a) Philip dnes

810 $113

81 $1

$10

15 b.

the exception of Opiam, Troasure and 40, Threadneedle Street, London, E.O. Langkate Valuables, uro being landed and stored

their risk into the hazardous and/or Bombay. extra hazardous Godowny of the Hong- Daleutia, king and Kowloon Wharf and Godowa

Howrah.

~ONSIGNEES of Cargo ate hereby Company, Limited, Kowloon, and dadras West Point Codurns, whenon delivery Kamahi. informed that all Borde me being

Ringoon. landed at their risk into the dogs may be obtained,

Optional Cargo will be forwarded on Colombo, aalus intimation is received from the Kandy.

◊ Holl's Wharf at Kowloon, whence

sudfor from the wharves dollers y Consignees before noon to-day rognent- AGENTS IN JAPAN ;

Fbe obtained:

Ne claims will be admitted after thong it to be landed here. Goods have left the Godowny, and all goods remaining undeliverat altar the

"No claims will be admitted after the Goods have left the Godowns, and ali goods remaining undelivered after the 10th-inst., will be subject to ront, 28th of July, jaill be subject ig rent. "

All Claims against the Stetuor mast

All broken, chafód, kid damaged

| Musara, Jardine, Matteson & Co., Ltd, BANKERS 1

Bank of England. London Joint Bioak Bank, Ltd.

The finances of the Straits Set-AMERICAN ASIATIC SIS. CO. Le prosental to the Undersigned on or Goods are to be left in the Dodowas, VERY desaripilos of Berking

tlements continue to be satisfac

tory, and theroport for 1911 shows on insrease of $2,308,785 over the estimate of revenue of 80,100,435. The actual expendi- ture was 40,085,380, as compared with the estimate of $8,845,208. The excess of "revenue over ex- penditurein 1011 was 82,323,832, and the balance in favour of the Colony on January 1, 1012 was $7,208,145

'FOR NEW YORK *1. SUEZ '

CANAL,

(With liberty to call stylin Malabar Count)

8.9 INVEROLYDE"-

on or about 10th September, 1912.

For Freight and further information,

to

apply

SDEWAN, TOMES & Co.,

General Agents. ang, 28td July, 1912.

(587

before the 22nd prox, or they will not where they will be examined on the Exchange business, transsoted {bo recognized.

28 h of July, at 9.80 k.mi, ***

Stocks and Bhate, bonght and sold All brokon, shafed, and dauinged All claims must reach na before the on account of Coxsiltrante Letter of Goods are to be left in the Godowns, 3rd of August, 1912, or they will Credis grated on Agents and Corre where they will be examined on the

not be rosognized. maven pondents all over the world. 20th-in-, at 2.30 p.m.

by

H. Prica & Co., LA, #20 R18 Soolete de Preformed #501

Pulporet paid up $50) [12 Papeterier

Banafs $150

da Tonka Thangbal-Bumatran – T. 20 Slow Laundry

:25

· United Axbertos Orien-} sal Agtasy, Idhustus Unlied: “Asbøntsa Founders -ChanON Union Waterfest

Wolosze, Lid.

"No Fire Insuragon will be effected. Internet allowed on Current ̈ ̈Å‚o= No Fire Lasarande his ban offcole ). Fills of Lading will be countersigned by the undersigned

Bill of Lading will be countersigned counts: at per cent per nauum on Watson

Daily Balance and on Fixed Deporite | Williams · NORDDEUTSCHER LLOYD [as ratni which may be asosrtained on DODWELL & ̃CO., LTD, [...

MELOGENS & 00., #pplication: ATTARTED

Guneral Agenta,

F. C. MAUDONALD kong, 28:4 July, 1919, 588 Hangkang, 21 July, 1912.

$1087

8,859.

LAST REVEDENO AUDÍ NÁTR..

£2.5.0 at ex 1/10} equal -- to $14.97 for yest ending 81:12-11 £t equal $22.52 for year. ending 80 Jan 1911

#16 för 1910 M

Interim of 10/- for: 1911 Final of 420 making 350) for 1910 and Interim, of $80, for 1911: · $19 for 1.09 and Int. of.) #8. on soonet of 1910. $7 & b'a of $9 for 1910 - $27 for 1910.

$1 for 1906

5 p.a. for yearend'g 80•B!1! Dividend of $1 för half)

year ending 81-19·1€‹†⋅ 3% final making 6% for 1908 6% div.for 1909 on preferred akażen 8/-peisbare Compoo. Na-

16 ps for year ending

30.4.18

#5 for 1911

-38 for 1897,

1/6 per share final 1911-

(Voupua Na.) 8

Is. 2d. pezahare on3 £60,000!%)

$8 for year coding 82.18.11

#1 final dividend for

year 1919

TH:34 för 1910

Final of Tls. 4 for· 1910-

Tla, 6 98:2:10

$3 of old shares, $1.60.).

on new shazon for half

year'$1,13-11

Interim div. of 88) for'1911'

40 cents for 1911****

$2.75 for 1911

6% for half year to 50°6°11

Intefima div. of 87 för 1917

Lad - final of 12 anklag

$1.00 for 1911

15 per cent for 1910

Tå for year andaž 61∙10-10) -T7 for year ended′90-1916)

50 centá $1;7-08-

$1 for 1911

. 70 cents för 1911 -

'$1.25 fór yærend'g'81,7-11

40; cants for 1911.

$1,40 per share

Final div. of $19) tor.year

ending 21:12-14 $1 Interins sunt 1911.

Interim dir. T.1; 18:3-12; Interim diy,' T. 1, 15/8$12

80 cents on lally paidy

skáres and 6 conta ́sù' #mid khares for year easing 801422 *Nonis

#150.for 1910

Wo Avidend this gukr 50 cta, for your and'g 50 5·4;

(£5 per crat. (pet

· #1·5^1011:

WRIGHT AND

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