LITERATES OF

FRANCE.

R 1,000 TO GERMANY'S

MERE 0.5.

ARRACK LESSONS.

Paris, July 24. tatistics of clementary edu- which, as I showed last ividly illustrate the defici

numbers of the generation was born during the years War--three and a half mil

hoolchildren in 1926 as five and a half million in an also be used to illustrate rease of illiteracy in the

That in on generally, da demonstrated in another the censua returns and other collected hich have been the adult population of

more the War is the main f the trouble. The absence death in the trenches of sible fathers of a new gen- gravely reduced the num- the boys who will be soldiers 1935. The absence and the of the elementary school s gravely reduced the stand- instruction of the boys who school during the War and ately after it and are now y manhood.

were not even always at in the number which existed 5 school, for there was a per- of 8.38 of absences from attendance in 1922, and that tage rose in 1925 to 11.30. ck of efficiency in the ad ration of the compulsory edu- shown laws, which se figures,. is also accompani- ny people are beginning,to by something wrong in the itself. y education system he Annual

18

Congress

THE HONGKONG TELEGRAPH;

AMERICAN BASEBALL. LESSONS FROM

LAST WEEK'S LEAGUE RESULTS.

New York, Aug. 20. The results of baseball matches played last week in the National and American Leagues were as follows:

National League,

New York Boston Boston Chicago

St. Louis

New York Brooklyn Chicago St. Louis

Saturday.

2. Cincinnati

1

OLYMPIA.

THE BIG ADVERTISING

EXHIBITION.

WEMBLEY IN MINIATURE.

tain fell on

Sir Lawrence Weaver, writes to the Observer, of July 24:

Last night at Olympla the cur, a scene, that had stimulated tens of thousands of thinking people for six crowded days. Many striking things have been said from the platforms of the Advertising Convention, and the Exhibition has filled the eya 4 with a new and brilliant picture 2 of what British advertising means,

6

G Brooklyn

0

Philadelphin

Philadelphia ....

3

2

Pittsburgh

Sunday.

3 Philadelphia

0

Boston

7 Cincinnati

5 Eut ono foreign observer summed up the impressions of the week in a phrase that arrested

me.

12 The chief of a large delegation

1 Pittsburgh

Monday.

Philadelphia Brooklyn.

11 Boston

0 Chicago

Tuesday.

8 Pittsburgh

4

5 Cincinnati

3 St. Louis Wednesday.

New York Philadelphia Boston

New York Brooklyn Boston Philadephhia 1

*New York "Brooklyn" *Boston *Philadelphia Boston Beston New York New York Philadelphia Philadelphia Boston Boston

1 Pittsburgh

Chicago St. Louis Cincinnati

6

3

Thursday.

Pittsburgh Chicago St. Louis Cincinnati

Friday,

0'

6

Chicago. Chicago

3 Pittsbrugh

5 Pittsburgh

3 Cincinnati

Cincinnati

St. Louis St. Louis

American League. Saturday.

of

Washington Philadelphia Cleveland

3

]

ars, which is to be held at ourg next week, M. Lue, who tired from the post of assist-

Detroit

Cleveland Detroit

Chicago Cleveland Cleveland Detroit *St. Louis Chicago Cleveland Dotroit

St. Louis St. Louis

Chicago Cleveland St. Louis *Detroit

Fector of technical education washington

Ministry of Public Instruc- ill read a report of which the argument is that some form pulsion shall be introduced tendance at classes of some beyond the age of elementary ion, which in France begins and ends at thirteen years. ing these years, he main- the teacher can do no more awaken the desire for know. and give the barest skeleton truction, which is quite in- ent either to enable the most ary workman intelligently to dvantage of modern machines bethods or to prepare his wife hat practical economy which necessary in this day of ex- and ve and rare materials tuffs. He would like to see pulsory annual minimum of lementary school hours, which yary according to trades, and bints out that the nucleus of achinery for such compulsion for giving such instruction. in the courses of trade teach- which are. nominally compul-JAPAN in certain occupations and in ree adult schools. All that is ed is to unify what exists and to adopt the compulsory iple, which is already working ermany, Switzerland, Czecho- kia, Sweden, and Norway, and in Alsace-Lorraine.

New York Boston. Chicago

9 St. Louis Sunday.

2

#

New York

Chicago

6 St. Louis

Tuesday. -

1

3

0

New York

Philadelphia Philadelphia

10 Boston

Washington

Wednesday.

?

6

3

New York

Philadelphia

Bastan

Washington Washington

Thursday,

New York Philadelphin Washington Boston

2

6

Friday.

Chicago

3

Cleveland Detroit

3

5 Boston

Detroit St. Louis

New York

Philadelphia

14 Boston

6 Washington Postponed owing to rain.

3 from Holland to the Convention

suid On" Wednesday: What-

MONDAY, AUGUST, 22,

GREYHOUND RACING.

BIG INCREASE IN PRICE OF DOGS.

i

London, Aug. 20:

As the result of the extraordinary popularity of greyhound racing in England, first-class greyhounds, which cost £30 three months ago, aro now selling at anything between £300 and 2500. 2,000, was paid for three dogs shipped to America; to which coun- try many dogs are being exported.

groyhound racing com Thirty-three panies have been formed in England since January. Each of the track needs about 180 dogs to maintain racing, while the last issue of the stud book of the National Coursing Club for 1926 contained only 2,712 re- ristrations, including dogs, bitches and wholps.-Reuter.

HOME FOOTBALL.

7

SATURDAY'S RESULTS IN

SCOTTISH LEAGUE,"

London, Aug. 20: The following are the results of the matches played in the Scottish League, to-day: Clyde Dundee Dunfermline Falkirk Hamilton

strikes me most is that everybody 3 in England believes in advertising 5 your Duke of York, your King- everybody-and it is because you fre advertising your goods with out exaggeration. By doing this you are advertising advertising."

This was simply and truly said, and there could be no greater compliment to the work of the Advertising Association which or ganised both Convention and Ex- Kilmarnock hibition. This body, set out to Raith

G75

·DAVIS CUP. ELIMINATES CANADA.

Hibernians

wake at Olympia à demonstration Queen's Park

in force. As Colonel Fred Law-Rangers”

son put it, the Association is not

here to clean up aḍverusing, be-i

3 Boness

r

↑ Motherwell

3

1 Airdrieonians

5 St. Johnstone

@ Celtic

3 Cowdenbeath

2 Partick

2 Aberdeen

3 St. Mirren

4 Hearts

-Router.

cause it does not need it, but to pearance, but it will be perfectly make advertising understood

by readable. As for the increased everyone, and not only hy thege facility of learning by this method, engaged in The Olympia it has been amply proved by the show was therefore staged to re- results of Mme. Simon's teaching. veal to the public how the new free works, what are its methods and what its aims. And it has achieved its purpuse.

4

Overgaming Distrust.

At Wembley in 1924 was held a great International Advertising ship- 8 Convention, attended by a 6ld of American delegates. Its 8 proceedings were noted by busi

It need hardly be said that for the purpose of this teaching the order of the letters of the alphabet. is changed so as to group the let ters not only into the two main divisions, but strictly according to their similarity; but that does not worry those who-if ever they have learnt the alphabet at all know it merely as a meaningless catalogue, and they are all reported to be de-

7 ness men with interest and re-lighted with this new system of

spect, but still there was a lack

of conviction. The advertising business still seemed to this coun- try to smell of Babbitt, The Wembley Convention did not 2succeed in destroying altogether the feeling that advertising is a busi- commercial weapon which

uess men must use almost with a sense of shame. It seemed still little disrespectable; however

to inevitable, if you wished

certain 5cure certain results in

ge-

2 kinds of business, and those kinds not the most reputable. It would he idle to deny that in the now rather distant past this instrument has been used to folst goods of doubtful quality and value upon a public too trustful of the print- ed word.

Montreal, August 21. Davis Cup and maels France next Japan eliminated Canada from the week at Boston-Reuter's American Service.

that to advertise the products of the Empire.

Mme. Simon's System.

The Empire Marketing Board, e standard of education of the whose activities Mr. Amery directs essional classes, which is

so forcefully, staged at Olympia here higher than in France,

a Wembley in miniature. It was B up the lack of instruction in

the Empire's. own shop, and working classes all the more.

lack of instruction is remark therefore the shop of every one of The last census revealed that, for it showed our goods, and five sixths of the population the roods of rance can both read and write. that the completely illiterate unt to 35 per thousand, while Germany they are 0.5, and no

e than 1 in Sweden and Switzer-

seas.

041 cousins over-

Not only has that been killed in

sociation, but best of all, it has ts cruder forms by the Vigilance Committee of the Advertising As-

been found not to pay. Indeed, there is no better reason why the!

trust advertising public should than the fact that no advertising pays the advertiser unless it is truthful. The public is its own and most capable Vigilance Com- mittee; and from its verdict there is no appeal.

Empire Marketing Board. If it be true, Sir William Har- court said long ago, that we are The Wine and The Bush: alt Socialists now, it is truer still When the Duke of York visited that we or the business with which the "exhibition, his mind full of we are connected-perhaps only the impressions of a tour which as buyers or only as shareholders showed him the problems of Im- --are all advertisers now. So the

his question of illiteracy has rerial trade, he said a thing pro-art of advertising is a

business

1 brought to public notice re-foundly simple and simply true, that every keen-minded man and

ly by the declarations of the "Advertising is really a form of woman has to make it his or her.

nel commanding the 32nd Regi- education." It is in fact the only own

t of Artillery at

how 17, and even more by the

business to know about.

Vincennes, sort, and perhaps the most telling There may linger misanthropic the illiteracy in his regiment, sert, of education in economies souls here or there who think that can advertising does not concern thera, ch was formerly 10 per cent., that the man in the street

hope to get. Mr. Amery stated that they are not affected by it. its chief industrial justification Well, Olympia showed them

force that is affecting and Interest- when he said that:

Advertising was in the nature ing and prospering millions of service. It their fellows. a young woman who invented of an intelligence

ns which he has taken to cur- He has introduced into E. it.

barracks, not an official teacher,

the

But even such gloomy folk must have been cheered by what they

her own children a new and informed the public where and ctical way of teaching them to how they could get the things This system proved to be they needed, and it also gave a rapid and effective that she ex-very useful indication, both to the saw at Olympia. Towering about. ded her teaching to other chil- producer and to the middleman,

te.

ne d'Artillerie, who are mostly

the gay pavilions of the great n. and she is now demonstrat-of how much the public needed of newspapers, of the experts who make their advertising columns as the that the illiterate lads of the any particular article.

On the other hand, advertising well worth reading m Brittany, can be taught to constituted a very important ele- wittiest editorial pages, of the colour, and of the poster-men whe ment of social service. It enabled printers who fill our eyes with new ideas, new comforts, new re- forms in the whole manner of liv. make the raw places of our streets the veritable ine to be equally spread through. into picture galleries, towering out the country. Under modern above these was conditions of industry advertising palaces of the Empire Marketing was an absolutely essential ele-

ite in twenty-five lessons of an ar each. Writing is the main thing, she clares. The child or man who learnt to write has, by that ry accomplishment, also learnt to id. As for her method of teach-

to write, it is based on the prinment in efficiency and cheapness

arc

Board.

Some of the aged still think of

le that all writing consists of two of production. Its value lay in the advertising as an affair of push- ndamental figures of geometry, fact that it could subserve effi- ing putent medicines, but Olympia e straight line and the circle: ciency and economy of distribu- revealed in detail the activities of at is to say, the letter I and the tion, it could speed up distribua Board over which presides one ter: 0.

The letters of the al- tion, and, in certain cases, at any of His Majesty's principal Secre- abet

then sorted into rate, it could short-circuit un-taries of State. Mr. Amery on tha Dominion o,"groups-those consisting of necessary channels of distribn-eve of departing on a raight lines without circles, and tion, and in those ways lead direct- tour, which will inevitably have ose consisting of circles or curves, ly to cheapness to the consumer the enlargement of Empire Trade ways drawn in the direction in and better profits to the producer, as its chief objective, found no hich the hands go round a watch. The old proverb about good wine more important business to do in he junctions between letters are needing ad bush night have been his last busy days than to ade by horizontal straight lines. true encugh of the little tavern the exhibition last Monday and the last Tuesday. He Try to write a few words by fol drawing its supplies from a limit- Convention, wing these three rules. The reed vineyard, but it was not true finds that his great office carries with, it no more important task it will have a slightly Cubist ap-of modern large-scale industry.

open.

reading without tears.

EXCELDA GRAMOPHONE

All Metal, Camera Shaped, Ideal for Picnic and Bathing Parties.

LOUD TONE

No Métallic Sound $25.00 nett.

Anderson Music Co., La.

St. George's Buildinge.

NEW

BILLIARD

UDEN

'PEALL' $13.50

'EMPIRE'

MATCH $16.50

'STEVENSON'

$19.50

Less usual discount.

LANE, CRAWFORD'S

SPORTS DEPT.

1927.

MASSAGE PARLOUR.

PROF. I. K. SETO.

Export Japanese Masseur prae- tised in Anterica, Japan & Shang- hai over 20 Years.

14, Queen's Road Central,

1st floor.

|MRS. J. CRAWFORD.

Tastes

Fine

Children follow a correct instinct when they want DAIRY FARM Ice Cream these hot days.

DAIRY FARM Ice Cream is made only from rich, fresh cream, flavored with the juices. of luscious fruits. It dortainly "Tastes Fine"? SAFE & DEPENDABLE

in Pint and Quart Bricks,

The Dairy Farm Ice & Cold Storage Co., Ltd.

EXPERT MASSAGE.. 14, Queen's Road C., 1st floor.

HERATA AND MENI.

MASSAGE, CHIROPOPY.

and MANICURE

2nd Floor, Yee Sang Fat Building, Queen's Road Central.

EXPERT MASSEUR.

Cures: Rheumatism, Nervous- ness and all kinds of chronic állments.

Madame H. MORITA Madame E. AKAJL

23. Wyndham St. Tel C.4395.

BANQUE DE L'INDO-CHINE.

HEAD OFFICE:

96, Boulevard Hanumann, Paris. Paid Capital ...... Subscribed. Capital Reserve Fund

..FT. €8,400,000.09 Fr 72.000,00.50 Fr. 89,134,519.18

BRANCHES

BANGKOK BATTAMBANG CATEG CANTON - DJIBOUTI FORT-BAYARD

HAIPHONG HANKOW ΠΑΝΟΙ HONGKONG

MENGTZE

NAM DINTI

1

NOUMEA PAPETE PEKING PNOMPEN PONDICHERRY BAIGON BILANGHAI SINGAPORE TIENTSIN

TOURAN

YUNNANFU

BANKERS:

BANKS..

HONGKONG AND SHANGHAI BANKING CORPORATION)

Authorised Capital Issued and Faily Pald-on Besarro Fundat--

850.000.000 $20,000,000

Bierling

...... $0,000,000 Silver ... $18,000,000 Reserva Eihility of "Proprie.

tore

120,000,000

י

HEAD OFFICE: HONGKONG. Court of Director: Hon. Mr. D. G. 1. Bernard, Obairman.

AIL. Compton, Eag.. Deputy Chairman.

W. H. Bell, Esq. N. B. Brown, Esq.

A. Bacgowan,

AMOY

·W. L. Pattanden, Esq. T. Woall,

HP, White, Esq. 0.2.5. Maskin, Esq. Acting Chlot Manager: Men. Mr. C. Hyme BRANCHES

BANGKOK

DATAVIA

BOMBAY

CALCUTTA

CANTON CHEFCO COLOMBO

DAIREN FOOCHOW

HAIPHONG HAMBURG HANKOW HARBIN

HONGKEW ILOILO

ІРОП JOHOR

KODE

KUALA LUMPUR

·

LONDON

LYONS MALACCA MANILA MOUKDEN NAGASAKI

NEW YORK

PEKING PENANG RANGOON

SAIGON

BAN FRANCISCO

SILANGHAI

SINGAPORE

SOURABAYA BONGEI PATANI TIENTSIN

TOKYO TSINGTAO

YOKOHANA

Gurrant Accounts opened in Local Currency and Fixed Deposits received for one year of shorter period in Local Corrency and Sterng on terms which will be quoted on application.

Hongkong, 7th April, 1997,

'HONGKONG, SAVINGS BANK.

The Dusiness of the above Bank la com ducted by the HONGKONG AND SHANGHAI BANKING CORPORATION, Rules may be obtained on application.

THE

FOR

HONGKONG BANKING CORPORATION.

A. C. DYNES, Acting Chlet Manager.

THE CHARTERED BANK OF

· INDIA, AUSTRALIA & CHINA,

(Incorporated by Royal Charter 1881) HEAD OFFICE:-LONDON. Paid up Capital

Reserve Fandányman Recurve Liability of Kroprietore.

Axencias and Dranchen.

ALOR STAR

(Malay State)

AMRITSAR

BANGKOK BATAVIA

+

BOMBAY CALCUTTA CANTON CAWNPORE GEBU COLOMBO DELHI HAIPHONG HAMBURG HONGKONG

ILOILO

IPO1

KARACHI

KLANG КОВЕ

KUONING

MADRAS

MANILA

KEDAN

NEW YORK PRKING

PESHAWAR PURET RANGOON SAICON

SEMARANG

SEREMBAN

SHANGHAI

SINGAPORE SOURABAYA TAIPING

(F.K.B.)

TAVOY

TIENTSIN

TOKYO.

KUALA KANGSAR TSINGTAO

(Perak, ML8)

£4,000,000

24,800,000

£8,000,000

YOLDHAMA :

KUALA LUMPUR ZAMBOANGA

(Philippine L.)

Foreign Exchange and General Banking business transactad

Current Accounts opened and Fixed Deposita received for 1 year or shorter periods at endan which will be quoted an application.

1. A. GEORGE.

Manager.

Hongkong, 26th February, 1927,

THE NATIONAL CITY BANK OF NEW YORK.

Capital, Surplus

and Undivided Profits

..... U.S.$140,000,000 Commercial and Travellers' Lot- SHANGHAI ters of Credit, Travellers' Cheques, Billa of Exchange and "Cable Transfers bought and sold. Cur- rent accounts and Savings Bank accounts opened and Fixed De posita in local and foreign curren- cies taken at rates that may be as-" certained on application to the Bank.

THE BANK OF CANTON, LIMITED.

Established 1012.

HEAD OFFICE: HONGKONG. Authorized Caplini (Hong Kong

Currency) ....................................... $11,000,000, Paid-up Capital (Hong Kong

Currency)

Reservo Fund (Hong Kong Car-

rency) BRANCHES

8,664,200, HEAD OFFICE: 55, Wall Street,

New York.

250,000.

Canton, Shanghai, Hankow, Swatow, Bangkok, New York and San Frun- cisco. LONDON BANKERS -----

The Lloyd's Bank Limited. Correspondents in all principal Citics of the

World

Foreign exchange and Deaking business af every description transactad.

Safe Deposit Boxes (racious alice) at a yearly rental of from 15 to 140.

LOOT POON BHAN,

Chief ManagENT,

Hongkong, 18th February, 1927,

NEDERLANDSCHE HANDEL

MAATSCHAPPIJ.

(Netherlands Trading Society.>

BANKERS

f

ESTABLISHED 1874.

HONGKONG OFFICE: 14, QUEEN'S ROAD, CENTRAL Authorized Capital.....Guilders 100,000,000.- (212,500,000.) Pald-Up Capital...Guilders 20,000.000.- (£0.664,079.) Reserve Fund,Gulidum 40,000,000/ (£8,388,288.)

Tand Oca:-AM3TERDAM” Eastern Hend' ONco:—BATAVIA... BRANCHES:-Bandjermasin,

let

Bandong",

Cherllon, Barabay Calcutta,

ddab D'amber, Djokiukar- ta. The Hazus", Kobe, Kota Badja, Makassar, Medan, Padang, Palombaro. Peka jongan. Penang Pontinok, Rangoon, Rotterdam. Samk rang', Shanghai, Elbola (Sumatra), Boerabais, Bocta- karla (Solo). Tegal, Tiitjap and Weltevreden”.

• These offices have safe deposit bezés to

Branches in:-

ARGENTINE BELGIUM

BRAZIL

CHILE

CHINA

CUHA

DOMINICAN

· REPUBLIC

LONDON FRANCE

INDIA

1TALY JAPAN JAVA PANAMA

PERU PORTO NICO STRAITS

BETTLEMENTS

URUGUAY VENEZUELA

We are also able to offer our Customers the services of the Branches of the International Banking Corporation in San Fran cisco, Spain and the Philippine Island.

G. HOGG,

Manager.,

Hongkong, 7th January, 1927.

行 銀商工法宁

BANQUE FRANCO-CHINOISE

pour le

Commerce et L'Industrie.

(Incorporated in France).

5. Chater Road, Victoria, Hongkong.

HEAD OFFICE:

74, Rue St Lavare, Paris. Capital fully paid up...Fx 40,000,000 Raserves

London Bankers-National Provincial Hack, Speelal working capitel

Ltd

Correspondents all over the world.

HANKING BUSINESS OF EVERY DESCRIPTION TRANSACTED.

"O." STEENSTRA.

Hongkong, 30th July 1927.

Manager.

THE BANK OF EAST ASIA, LIMITED.

HEAD OFFICE:-HONGKONG.

10, Des Voeux Road, Central, Hongkong.

Authorized Capica!

Paid-up Capital

Reserva Fuad (1926) ...... BRANCHES AND AGENCIES:-

Oaks Patie Peking

$10.000.000

$ &,000,000 31,200,000

San Francisco BestUa Semarang Singapore Sourabaya

Batavia

Melbourne

Bombay

Nagaankl

Calcutta Camion Haiphong Honolul

New York

Sydne

Kobe

FEDALE

Talper

Kowloon

Rangoon

London Maalia

Balpot

Tantla Tokro..

Shanghai

worki

Corrobondenta in ali principal elties of the

Every description of Banking and Exchange basis truserted. Leans granted on ap proved securities.

SAFE DEPOSIT BOXES to lot.

KAN TONG PO,

Chlet Manager.

THE YOKOHAMA SPECIE BANK LIMITED.

(Established TRED.).

Capital (fully paid up)........Y., 100.000.000 Reserve Fund ............................... X. 32,000,000

HEAD OFFICE-YOKOHAMA,

Branches and Agencim at Alexandria Karachi Safron Listeria

Ban Francisce

Bomba

Koba

・・・ Ponden

Los Angele Lyons

More Manlle

Buenos Arros

Calcatta

Ceston

In FRANCE:-Comtoir National & Phoompis

Changchun de Paris Credit Eronnala: Hanque da Paris et des Pays-Bay Buckle General

.

Dairen (Dalny) Nagorn Fenetlen

I LONDON:--The National Provincial and Union Bank of England, Ltd! Comptoir National d'Ercompte de Paris, Credit Hanbarg Lycanals.

I NEW TOREJ. P. Horgan & Co.

Interest allowed on Current Accounts and Fixed Depolis according to arrangement.

Every description of banking and exchange business transacted...

Safe Deposit Bazas to Jet.

Махари

Seattle

Semarang

Bhanghai Shinzo A Bingapore Bourabaya

Newchwang New York.

Brdary Tientala

Owakm

Peking

Takyo Taluantu

(Mokoan)

Hankow

Harbin

Rangoon

Tringiau

Hongkong Honolulu

Rio de

Xaneiro

Kai Yuen

Vladivostock (Temporarily elena) Interest allowed on Current Ascounts. Deposits received for dzed periods at ratas to be pètained un aéplication.

KL. WORL

BRANCHE:

Fr. 18:276,000

Fr. 5),000,000-

Paris, Lyons, Mareseliles, Saigon, Halphong. Hanal. Peking, Shanghai, Tontain, Phon Feeh, and Hergkong.

BANKERS

France: Societe General, Banque Nathina! de Grodit, Banque de Paris-et des Pays Dia,

London: Midland Bank, Ltd.

Co.

New York: Irving Bank, Columbia Trust

Every description of Banking and Exchange Business Transacted. Cerrespondant through- cat the world.

A. ROLLIN

Hongkang, 13th March, 1825.

Kaciger.

THE BANK OF CHINA.

SPECIALLY AUTHORIZED BY FRESIDEN- TIAL MANDATE OF THE REPUBLIC OF

· CHINA ON THE 22ND OF NOVEMBER, 1917.

Authorized Capital ..... $90,000,000.00

Paid-up Capithi Reserve Funde

$13.278,000.00

......$ 9,429,425.84

∙HEAD OFFICE PEKING.

HONGKONG BRANCHES:

, Queen's Road Central. Branches and Sub-branches all over Chimm and correspondents in Europe, America and other part of world

LONDON BANKERS1--- ..

The National Provincial and Union Bank of England Limited.

The Quaranty Trust Company of New York. NEW YORK BRANCHES

The Irving National Banka. The Equit ble Trust Company of new York.

Interest allowed an Current Aosennie and Fixed Deposits. Terms on Application.

Every description of Banking buzziness tranexeted

Loans granted on approved socuriiles. Special facilities for Home 'Buchange

SHOU 7. CHEN,

De Manager.

THE HO HONG BANK, LTD.

(Established: 1927.)

DECAPITAL.

Authorised. Capkal

Insued.......

Hemerte

bolders

Barplu

Liabliltiem „-^of

HEAD OFFICE

$19,098,098 .$ 5,500,000 ..8*4,000,000

share

20.8 1,000,000

...58 1,010,000 SINGAPORE.

Branchen arancles and Correspondents is al

the principal sities of the world

Every description of Hashing and Exchange business trammeladi.”

KO LEUNG HON.

Manager.

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