Crosse &
Blackwell's
CROSSE
BLACKWELL'S
BRANSTON: PICKLE CROSSE & SLÁTRIPLE J**
CROSSE& BLACKWELL
Just as Crosse and Blackwell's Piccalilli is the King of Mustard Pickles, so is their Branston Pickle the Queen of all Sweet Pickles.
It is particularly delicious with cold meats, but equally fine with hot dishes too.
The first taste of Crosse. and Blackwell's Branston Pickle will be a revelation to you-Everybody likes it!
Branston
SWEET
Pickle
For the Beat
LOCAL VIEWS
and
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MEE Studio, Ice Houso St.
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~SOLVED
THE MYSTERIES
*
OF THE
MOHAWK
CHEUNG
Branch 7, Beaconsfield Arcade.
AFTER?
YOU'VE MASTERLO THE "OUTER-EDGE”—
-AÑO PECOME-
FAMOUS 15 AN
•ALL-ROUND"
SKATER
DOESN'T IT
THE HONGKONG· TELEGRAPH,
SATURDAY, MAY 19,
1928.
THE HO HONG BANK. UPWARD TREND OF
ANNUAL MEETING IN SINGAPORE.
Speaking at the 11th annual general meeting of the Ho Hong Bank, in Singapore, the Chairman (Mr. Lim, Peng-slang) sald:-
TRADE.
INCREASE IN MARCH FIGURES.
Last year was the Arst full year IMPORTS OF MOTORS.
since the establishment of our Shanghai offico and despite the British exporta in March totalled troubles in China the results of £64,958,123, As compared · with the working of this branch during £57,236,148 in the previous month, the period wero satisfactory, and £62,114,140 in March of last Reconstruction of our Muar office year. premises and extensive repairs Imports Inst month amounted to and renovation of our Hongkong | £110,510,806, against £98,848,374 office premises accounted for an in February, and £113,500,021 iu increase of slightly over $100,000 March, 1927. in "Bank Premises." Owing to repairs, our Hongkong office pre mises, with the exception of one section on the ground floor oc cupied by the Bank, were not avail- able for occupation throughout last year. This also affected our profits, for not only was no re- Venue earned, but on the contrary expenditure had to be incurred.
These figures provide farther evidence of recovery. There was an expansion in both imports and exports as compared with February, and of much more in the case of ex- ports than is attributable to the greater number of working days in March.
The turnover for the month was no less than £180,700,000 as com. pared with £107,700,000 in Febru- ary and £186,400,000 in March of last year.
Im-
At the previous general meeting you were informed that we were shortly going to establish a branch at Sourabaya. Soon after this In the corresponding month of signs were not wanting that the 1927, too, imports were still being immediate prospects of business affected by the purchases from were not very encouraging and abroad necessitated by the disas your directors, therefore decided trous coal stoppage "of 1926. to wait for the threatening clouds ports of manufactured iron and to pass over before entering into steel goods and other articles affect- this new field. As time went oned by the high price of fuel were, things became worse and worse, still on a large scale, so that the and, as you may know, towards the falling off in imporis is a satisfac- latter part of the year, conditions tory movement. became so bad that several big It is reflected in a reduction in failures resulted therefrom. You what is known as the adverse trade would see, therefore, that the dir-balance, namely, the excess of im- cciora were not jil-advised, ports over exports, from £40,600,000
Raw Materiala,
in postponing the establishment of in March, 1927, to £34,800,000 for the proposed branch. The pur-the month just closed. chase of the premises for our con- templated branch in Sourabaya has, however, since been completed and as soon as business conditions warrant our going there we shall lose no time in doing so.
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satisfactory to see, has occurred The fall in the imports.. It is mainly under the head of manufac- tured articles, owing to the con- alderation just mentioned.
The Chairman moved that a divi- lend of 10 per cent, on the_paid Imports of iron and steel goods up capital of the Bank be declared were £1,430,000 lower, manufac
In respect of the year ending De-tured vifs were £528,000 lower, Icember 81, 1927. The motion was seconded by Mr. Cheok Cheng Kee and carried unanimously.
GET YOUR GOAT
On the motion of Mr. Sce Boo Ih, seconded by Dr. H. T. Wee, it was resolved to vote the sum of $10,000 as directors' fees.
Mr. See Boo 1h proposed, and Mr. Tan Slew Inn seconded, that the retiring directors be re-elected, viz:Dr. Lim Boon Keng, O.B.E., Messrs. Chee Swee Cheng, Lim Peng Mau and Tan Swee Hoc. This was carried unanimously.
Messrs. Evalt and Co., the re- Liring auditors were re-elected au- ditora for the current year.
{
1
largely on account of lower prices, and imports, of vehicles, locomo tives and ships were reduced by £030,000. The reduction is attri
table, in part, to smaller imports of motor-cars, but, in the main, to a substantial reduction in the im ports of motor-car tyres, though the comparison here is affected by tho fact that since April 12, 1927. motor-car tyres fitted to Imported vehicles have been included under the head of vehicles.
This makes the falling off in the imports of foreign motor vehicles much greater than would appear from the figures..
As regards imports, of raw ma- terials, the arrivals of wool have been much heavier. Cotton show-
Mr. H. A. Coward has been ap-ed little change in value, but the pointed resident surveyor at quantity was huch less owing to Hampton Court Palace, in succes- the higher price, while imports of about Bion to Mr. A. Precdy, who has rubber were valued at ||retired.
£1,000,000 less owing to lower prices, the fall in the quantity being relatively small,
There are 494 undefended nuits to be heard in the Divorce Division next term, more than 100 fewer
Improvement in Exports.
The revival in the export trade as
than the average for the term in compared with March of last year
the past three years.
~AND MADE THE TOE-HOP":"
A SIMPLE TNG~~ ~
*TELL ME~ DO YOU KNOW HOW TO SKATE
TO HAVE COME SWELT YOUNG THING→
PRING YOU TO EARTH LIKE THIS
is really even better as regards British manufactures than the figures would suggest. While the total of British exports rose by £2,840,000, the rise in exporta of manufactured articles was no less than £1,350,000, the exports of raw materials having declined substan- tially by reason of the reduction in the value of coal exports, where there was a shrinkage of £1,200,000 in value, due, in part, it is true, to a reduction in the volume of the exports.
Of the export trades which show- ed greatest expansion, machinery accounted for au increase of £678,000. Vehicles, which include locomotives, ships, and aircraft, rosa by no less than £1,180,000, duš to substantially larger sales of new ahips for foreign buyers-an indica tion of revival, in the shipbuilding industry.
Exports of motor-cars and parts showed a reduction of £350,000, but the motor-cycle trade provided an Increase of £180,000. All the tex- tile trades showed an improvement, cotton goods rising by £709,000, woollen manufactures by £537,000, and other textiles by £375,000.
The value of re-exports rose by nearly £500,000, which sufficiently answers those who have been prone to suggest that recent tendencies have been towards reducing this country's importance as a depot for the distribution of imported goods.
Re-exports of wool went up by £580,000, and of rubber by no less thun £532,000, the latter movement being particularly Interesting, as the details indicate a large move- ment of rubber from this country to the United States. France, Italy, and Germany also took sub- stantially larger quantities of rub- ber.
The body of Mr. Gertrude Florence May Balchin, aged .86, of Nowtown-rond, Hove, was found on the railway at Holland-rond Hove, recently.
A man found dead at the foot of Beachy Head has been identified no Mr. W P. Blandford, aged: 40,, a' Bayswater veller.
MAKING HIM GROW
APYATAE
BABY can sit up now on his own and when he smiles you can distinctly see those two tooth which mother thinks are two wonders of the world. You would never suppose, if you picked him up and felt how solid he is, that there were quite a lot of dreadful weeks "when he was pale and pinched and peaky. It was "Lactogen" and nothing else which made the change.
"Lactogen" makes a change in a delicate child sometimes after the The reason for very first feed. this is that the child is at last being given something which he can digest. And "“Lactogen" is the essence of milk. It is prepared from the milk of picked cows when this milk is new and warm and creamy. If you are in any doubt about baby's food, try "Lactogen." Don't delay another day-try “Lactogen”.
LACTOGEN
(RECO TRADE MARK
A Nestles Product.
THOS. COOK & SON, LTD.
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