NEW SERIAL.

HIGH

FLIGHT.

By Buth Dewey Groves.

THE HONGKONG' TELEGRAPH.

She might not be Dan Harvey's ideal, she told herself unhappily, but at least she could strive to be A near this goal as she possibly could without giving up her cher- ished ambition.

AMERICAN STOCKS.,

CABLED QUOTATIONS_FROM NEW YORK.

FRIDAY, SEPTEMBER 6, 1929.

COLONY'S BUDGET.

(Continued from Prae 7)

ex-

SHARE PRICES |

Banks.

TO-DAY'S QUOTATIONÉ: tional cost of the recommendations

The following in the list of local The following quotations as at the will be in the neighbourhood of share quotations issued to-day: clone of the market

annum, with on Thursday $1,300,000 per have been received from their corres change for antary purposes reckon- pondents Moura, Hayden, Stone and cd at 1/10d. which is the rate Co. of New York, by Messrs. Swan, adopted for the calculation of ather Culbertson and Fritz, Sassoon House, sterling expenditure throughout Shanghai, (enble address: "Swan the Estimates. Should exchange Shan stock, Shanghai), who are not 10s-remain at its present rate the nd ponsible for the cable mutilations. the quotations are subject to conditional enst should work out at a frmation.

CHAPTER XXXIII Jerry felt it was about time to let Alester know that *hic wasn't his idea of what a chorus girl should be like.

"It's sure to be a rough party,"

Alester grumbled whch she per- she prohesied when he repeated his invitation to his celebration of sisted in declining his invitation. Anaconda Copper .... the opening of the show

Jerry recklessly disregarded his Bethlehem Sicel ..... "It will be an experience for romarks without counting the Baltimore and Ohio 139

mon) Alester told her carncatly, cost. He left her at the Everett Chrysler Corp. (Cum- you," "You don't know anything about Evelyn had already engaged & Fire Rly Co. the show business yet, Jerry.”

louble rooni, which she and Jerry General Motors "But you asked me not to mix would share-and drove off with General Rly, Signal 124

Tyre and with the other girls," Jerry re-out anying when he would see her Goodyear Rubber minded him.

again.

Granksy

Consolidated "This is different," Alester ex-| Jarry tried to appear Indifferent

Copper claimed quickly. "I'll look after about it. But when Evelyn spoke International Cement

(Coinmon) you, and we can't have a party[st-dinner she found an excuse to without them."

linger a few minutes., Alester Missouri Pacific (Com- mivit call her.

יד

"Yes, we could," Jerry differed, "We could have Evelyn und muy- he Miss Spear ...

The telephone remained mute. "Let's walk a bit," Evelyn sug- "And play fiddledewinks.",Alen-gested when they reached the ter broke in with a laugh. "Be Boardwalk. Jerry was pleased sensible, Jerry."

with the prospect. Her summer coat was warm enough. And the

risk breeze that blew in off the Adlantic set aflame ber stirred-up feelings,

"Don't worry, Tiu sensible," she flared at him. "People are talk ing about us and I'm not going to] any wild affair to give them food for more gossip. And what's more, here's your ring--I've de cided not to keep it."

With a quick gesture Jerry fore off her gloveand bulled the emer ald ring from her fingers, Ales- ter made no movis to take it.

Evelyn noted the belligerent thrust of her chin into the wind

reminded that and was

most people walk with hend down against a stiff breeze,

of

Previous Latest Price. Price.

132

130

72

120 134 137

72

88

75

73

121

111

110

85

84

70

69

96

D4

414

40

49

103

41

Liggett & Meyers "B" ung Nevarin Consolidated

Copper Radio Corporation of

Amemicu (Common) 109 Standard Oil Co. of

New York Standard

Co. of

New Jersey Southern Pacific Texas Cororialion United States Steel Vacuum Oil

considerably lower ilgure.

Acknowledgment.

Before closing my remarks I should like to express my indebted- ness to my Staff at the Secretariat and particularly to the Second An- sistant Colonial Secretary for their untiring assistance in the prepara- tion of the Budget.

The Government,

Sir, relics

once mere on that whole hearted co- operation which past experience has led it to expect from this Coun- cil in all matters affecting the pub- He weal and in now moving the First Reading of "An Ordinance to apply a sum not exceeding twenty-two million and thirty-eight hundred and thousand eight seventy-nine dollars to the Public Service of the year 1930," I do so with complete 'confidence that Hon. Members will approach their im portant duty of scrutinizing the Budget proposals with a full re- cognition of the Government's and 67particularly of Your Excellency's

single-minded devotion to the wel fare of this Colony and its people.

The Hon. Colonial Treasurer seconded and the Bilf was read a first time.

48

155

158

67

260 122

* 246 121

TENNIS LEAGUE.

CHINESE R.C. SECURE "B"

DIVISION SHIELD. -

With a vlefory by seven sots ta two against the 3. B. K. on Wednes day the Chinese R.C secured the " vision of the Hongkong Tennis League, thus bringing to à conclusion

Jerry seemed to be in a fight- "What's got into you?" he ask. Ing mod. Evelyn suspected that ed blankly.

he had quarrelled with Alester, trifle. You might as well know," She hastened her steps a Jerry conceded as she threat ChefShe had a mood of her own to dis- ring into his hand.. "You will pet, but for her the future was as probably hear it anyway, Dan Blank as the endless expanse had a light last night with Jact ocean that lay, before then. Thane beehuse Jael said 1 was'j The brisk walk and the thrill good enough to po to a event of experiencing things new to her helped to calm Jerry. She took a "Why, I wring his neck!" belated interest in her surround "Alester declared explosively; "aud] ing and wondered at the unex The Chinese had previously beates what's more I'll seg that he gets į nested absence of gay throngs on the Nippon Club by a similar margia the gate."

the Boardwalk.

and their victory on Wednesday gave "Wait until later in the "evn-then their tenth win without derent, mine." Evelyn told her when derry The Bonghong C.C. are their nearest

ponents with

one defeat and a spoke of it. "Everyone's at din match in hand. ner now. I know a good place farther on. Hungry?"

girl's house.

"No, you won't,” Jerry warned. "Jael is right. I mean he thought he was--it doesn't look so very in nocent for a poor girl to have n friend like you."

"Honey!" Alcnter exelainat in- patiently.

"No. but we'd better if we have to report to the theatre at

the last of the annual tournaments,

Selk

REVENUE MEMORANDUM Colony's Financial Recovery

In Recent Years. TORACCO DUTY REVENUE.

The following is the Treasurer's memorandum on revenue.

1928.

was

The Revenue for the year 1928 amounted to $24,968,399, including the sum of $1,963,350 representing expenditure on Loan Works during the years 1923-1926, which recovered from the funds of the Public Works Loan (1927) and was credited to Revenue, Con- sequently an allowance in respect The positions of the teams in the of this sum should he made when "B" Division are as follow:

the total Revenue for 1928 is P. W. L R A. Pis compared with the previous years', "Well, I don't want to be talk-

Chinese R.C. 10 10 83 5 10 collections and with the Estimates ed about," Jarry returned detaly.

Dawn a few blocks they turned Hongkong CC. S #

for the years 1929 and 1930. "That's why I'm not going to your

· Boardwalk and into än | M. B. K.

GR 44 40 B Darty."

Once in-R. E. & R. S.

M. C. A. "You're a funny kid," Alester pretentio entrance said grumpily. " used to think, however, Jerry was amazed. M. C Nippon South Chins that you bad ideas about-now to find it a Moorish alace.

"I have a sandwick, she said, University don't get jogved-about marry and then, with a funny little Recrei ing me"

Tourh, “a raastbeef sandwich with | Indian R.C.

Kowloon C.C. 10 "rivy,"

He glanced toward Jerry 30 was surprised when she naked Tr assent.

tl

"Well, for a kiel who's out with ball and chain to tag a' gay

nine."

off the

Evelyn rezarded her, curiously. "Oh do take something mare! amelizing than that," sho - nd- vised,

"No."

Jerry replied firmly,"

you're mighty independent? That's what I want. I don't like

ין

1

D

D

63 40 32

C

R

4 4 34 38

R

34 34 36

45.32.49

7

2

# 35 52

9 24 86

1

ATHLETIC MEETING.

went on. "Changed your mind" || 31. much but it will be good for THE PROGRAMME OF EVENTS he added as he eased on the pas me for a longer look at her.

· Jerry

spilled

a completely mirthless little smile that died apon her lips.

"You're safe," she said, "us far as I'm concerned."

"Just what do you that?" Alester demanded,

Alenn

by

Evelyn was at a loss to know what she meant. Jerry did not ex- laf. Squabs for lunch with Alester. A sandwich for dinner- without Alester. It was symboli- del, a lesson-a lesson that would] 2.30 be good for her....

22.1

The Ballmates for 1928 were exceeded by the sum of $4,865,009 and the Revenue for 1927 by $3,629,804,

The completed accounts for 1928 shewed that there WAG A of $8,091,634 surplus balance which exceeded the estimated surplus by $3,103,903.

With the exception of Light Dues which fell below the amount estimated by $11,158, all heads showed excEARCH.

П.

Hongkong Bank, $1230 Chartered Bank, £20 1. Marcantile. & 13., £327. n. P. and Q. 49 n. East Asia #901

E.

Insurances.

11.

1.

Canton Ins., $630 Union Ins, $330. North China, Ins., Tis. 161 b. Yangtaze Ine, $60. China Underwriters, $8 China Fires, $310 6. .. H. K. Fire Ins., $760 s.

Shipping Douglaser, $271

1.

П.

H. K. Stoamboätr, $25 H. K. Tugs, $2. 8. Indo-Chinas, (Def.) $70 1. Union Waterboats, $22 6. Mining,

Benguete, $3.15 b.

Kailans, 62/6 n. I.angkata, T. 15

S'hai Explorations, Ts. 1.40 n. Raubs, $9.50 b. Tronohs, 21/-

n

Docks, etc.

Kowloon Wharves, $129 b. Whampoa Docks, $32 1. China Providente $430 b. Hongkows, 71s 184 b. New Engineerings. T. 7. Shanghai Docks, Tir. 142 b. -

Cottons.

Ewo Cottone, Tis, 1780 b. Orientals, Tis, 2:30 h. B'hal Cotton", Tls, 91 (old) b...

Lands, Hotels, etc.

H. and S. Hoteis, $8.60 b, H. K. Lands, $601 8. S'hai Landa Tis. 154 b. Humphreys, $14:10 b. Realtion, 8 b.

n.

Public Utilities. Tramways, $18.80 h. Peak Trame, (old! $11.80 n Star Forries, $66. b. China Lights, (Old) $13. b. H. K. Electrics, $591 b. Macno Electrice, $23 h. Telephones $6.90 China Buses, Tis 141. b. Singapore Tractions. 11/- 8. Industrials. China Sugars, '95 Malabons, $27 n. Canton Ices, 82. b. Coments (Comb.) $8,05 b Ropes (Old) $7, n. United Asbestos $5 b

Stores, etc. Dairy Farms, $19.00 n. Watapur. $11.90 b.

5.

Der A. Wings, '80 n. Lane Crawfordr, 517 n. Mackintoshs, $18*1). Bincores. 812 A.

Miscellaneous, Amusements, $257 H. Constructions, $1 55, n. B'que Ind, G. Bonds, 041 H. K. G. Loan 71% s. Prem.

LETTER GOLF SOLUTION.

The most striking feature which affords evidence of the Improve- FOR TO-DAY.

ment in local conditions is the volley ball fact that the Revenue collected in Track and Geld ant

1928 exceeded the Revenue collect. competition:

2.00p.m.

Fiat Race 100 m. (Rent). ed in the boom year of 1923 by Shot Put (Beat).

$184,636, and was, therefore, n Flat Race 200 m. (Heat). record collection In the history Long Jump (Final).

of the Colony. The "Windfall of Lion Exhibition (N.M.A.) $1,963,369 recovered from. Public Flat Race 1,500 metres Works Loan (1927) and credited

(Final).

to 1928 Revenue, is more than High Jump (Heat). High Hurdle (Heat), counterbalanced by the sam of Volley Ball (C.A.A, vs. 83,488,797, representing premia

LUA. on Land Sales received in 1923. Here is the solution to the Team Race,

Another feature of importance was puzzle on another page. Swimming and water polo compe- the income derived from Land PURE, PORE, FORE FORD, 8.80 p.m.

Sales which amounted to $1,635,- FOOD. 236.surpassing the estimate of 8.20

8.50

0,20

al

3.15 3.45

4.00

4.45

They lingered over roffer with 3.00 Jerry would not explain. In ut dessert. Mr. Hule had for fact she hardly heard him. She bidden them to eat aweets was, deep in thought-considering night. When they left the place the danger le which he might be they became aware that there was exposing himself-the danger of inst time, by walking fast, to being ambushed by the mythicalch the theatre by nine o'clock. little person whose Trouble-laden They preferred the walk to rid-tition: darts always reached the spot. in in a rolling chair.

She was telling herself that if a man fell hopelessly in love with a girl it didn't matter if she or chilled to his ad- warmed vances, the result would be the same-he'd pursue her even if he had to swim an ocean.

Perhaps a girl could get her man, even if he wasn't in love with her if she tried. In the be ginning she had tried-had want- ed to make him propose to her, but now she was satisfied to let the power of love motivate kim,

They were not expected to re-i hearse to-night. It made no dif- forence if they tired a little. But Jerry found a surprise in store for her. Mr. Hule wanted her. with the five girls who made up a 9440 spezial number to rehearse it 10,00 few times because, one

of them 10.15 4 naplected to show up on two осславов.

"'m too tired. Mr. Hole," she said. "I've just walked a mile and a half."

10.30

50 metres Free Style

(Heal),

200 metres Brenst Stroke

400 metres Free Style

$150,000 by $1,485,236. Licences

yenr.

BANKS.

P. & O. BANKING - CORPORATION LTD, " (Incorporated in Englund 1(20):

Authorised Captśni ...). Sabearibed and Fall Up Reserva Fund

READ OFFICE)

11

HONGKONG AND SHANGHAI: BANKING CORPORATION.

Authorised Capital

[lometrs

Wablis

of Proprie

insued and Fully Raidup ..................Ē

Sterling... Ho

#5,020,000 | 2,594,100 £60,000

tonk

·

121. Leadenhall Street, London, XC, I. WEST LONDON DRANCIL

14-36, Cockapar-Street, London,.S.W.I. BRANCHES-Bombar. Calcutta, Calient, Colombo, Hongkong, Karachi, Madras, Shang- hal, Bingspora.

4. 1,000,000 ...#£4,000,000

-----620,000,109

HEAD OFFICE, HONGKONG.

COURT OF DIRECTURE:

N. . frown, Ees«,

Chairman.

W. H. Deli, Eas

Deputy Chakromu,

AGENCIES-in all the principal towns of Hobs Hr, 3. D. E the world.

Theth

General Exchange arid, Banking · Bdilne tranacted. Emans and cerrdrafts granted on A. IL Compton, Esq. spproved security. Current and Fixed Deposit|M. T. Johnson, Esc.

8. Zander Lewin, Ear

wregunta opened.

BAVINGS BANK ACCOUNTS8 :-Întermi, allowed '%.

Passengers Crurațiing Homeward en room- mended to obtain á Tëtter of Credit frous 1, which can be cashed through the Furer of any 1, and Q. I. 1. &.N. Stramer or if any of the Branches of the Corporation.

We. J. WADDINGTON,

Acling MaIVILEJE.

NEDERLANDSCHE HANDEL

MAATSCHAPPIJ N.V.

(Netherlands Trading Society.]

DANKERS:

ESTABLISHED 197À.

Hongkong Office: 11, Queen's Road, Central, Authorised Capital ................. Quilders 150,000,000-

(412,100,000.) { ........Golldern, 29,000,000,--

(£8,500,670,)

ANOY

W. L. Patienden. Eng.

T. & Pearce, Eng.

3. A. Flummer, Esq. J. P. Warren, E

CHEF MANAGER: Hon. Mr. A. C. llynes, BRANCRES--

BANGKOK DATAVIA BOMBAY

CALCUTTA CANTON CHEFOO COLONDO DAIREN POOCHOW HAIPHONG HAMBURG

HARMIN ILANKOW JONGKEW

ILOILO

IPONI

JOHORE

KOBE

LONDON LYONS MALACOA MANILA NOUKDEN NASABAKI ·

NEW YOR PEIING PENANG RANGOON BAIRON

SAN FRANCISCO BHANGHAI SINGAPOR SOURA DAYA BUNGEI PATANI

LIENTSIN

TOKYO

TSINGTAO

KUALA LUMPUR TOKOHAMA

Current Accounts opened in Local Currency

t'ald-Up Capila!

Reserve Fund .................Cuilders 40,000,000 and Fixed Deposits received for one Fan of

(8,188) jaborter periods in Local Currency and Suri

on terms which will be qunted on appilnatis.

Hongkong, 6th June, 1913.

Bend OMen:AMSTERDAM* Eastern Head Ofes:---HATAVIA BRANCHES

--- Bandjermasın, Bandorng*,

Bombay, Calcutta, Cheribon Jeddah, Diember, Blokjakarta”, The Hagua", Kobe, Kota-Jind]n] Makassar, Medan. Padanj

HONGKONG SAVINGS BANK.

The Business of the alore Bank la, o

Palembang. Pekalongan, Penang.ducted by the HONGKONG AND SHANGHAI Pontianak, Hangoon. Holter BANKING CORPORATION.

dam", Bamurang*. Shanghai,

Tiap and Wallevreden,

Rules may be

Bibora, Sumatra), Boerabais ollained on appliation. Boerakarta (Solo). Tezal, TH FOR THE HONGKONG AND SHANGHAI

BANKING CORPORATION.

A. C. HYNEL,

Chlef Managet, Itongue. 13th September, 1017.

• These offres hova sade deposit boxes to let London Bankers-National Provincial Bank,

Eld

Correspondents all over the world,

DANKING BUSINESS OF EVERY DESCRIPTION TRANSACTED,

T. M. ELBERG,

Hongkong. 28th May, 1029.

Manager.

THE YOKOHAMA SPECIE

BANK, LIMITED.

Capital (fully paid vy) ..... Y. 104,900.005 Reserve Fund

Y. 108,500,000

READ OFFICE:-YOKOHAMA.

Branches and Agencïèu at.

Karachi

Alexandría

Xtarix

Homber

| Buenos Ayros

Calrutia

Canton

Kober

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

Incorporated by Royal Charter, 1863.

བ་

*IKAD OFFICE: LONDON. Pald-Up, Capital

Reserve Fund 27.

**********☎ ■,000,000 B 4,000,000 Tirserve, Liability of Proprietar.. 4,000,000-

AGENCIES AND BRANCHES.

ALOR STAR

(Malar Stales).

AMRITSAR

Halgon

A Franclacu

BANGKOK

BATAVIA

London

Sallie

Los Angeles

Semarang

Isoni

Manila Namasaki

Daben (Dalny) Nagore

Changchun

Fengthen

(Mukden)

17amburg

Hankow

Harbin

Hongkong

Honolula

Kal Yuen,

Shanghal

* Bhimonoseki Alagapor Доставата Bydney Tienlain

BOMBAY CALCUTTA CANTON CAWNPORE Crau COLAIMBO

DAINEN DELIN

HAINONG

Newchwang New York.

(anka

Taking

Попроси

Tokyo Talnanfo Tsingtau

HAMBU HANKOW

Ris da

HARDIN

Javalto

Vladivostock (Temporarily closed)

Interea allowed on Current Accounti

· Deponits received for fixed periods at rata

to be obtained on application.

#!, NOHL

Hongkong. 11th March, 1020.

Manager,

BANK OF CHINA. SPECIALLY AUTHORIZED UT PRESIDEN, TIAL MANDATE OF THE REPUBLIC OF CHINA ON THE 2ND OF NOVEMPER, 1917.

Authorized Capital

[ Pald-Up Capital

Barve Funde

.$40.800.000.00 18.218.000.00 0,620,826,84

HEAD OFFICE PEKING.

HONGKONG BRANCH,

1. Queen's Blad Central. Branches and Bub-branchen nil over Chika and Correspondents In Europe, America and other parte of the world.

L

• KUCHING

MADRAS

MANILA

MEDAN NEW YORK PEKING PENANG PESHAWAR BANGOON BAIGON

SEMARANG

HEHABBAN

BHANGHAI

HINGAPORE

BOURABAYA

TAIPING

(7.1.8.).

HONGKONG

TIENTSIN

ILOJA

TOKYO

IPOH

TONGRAJI

KABAOIN

(UHOKET)

KLAND

THINGTAO

YOKOHAMA

(North Manchura) TAYOY

KODE

KUALA KANGSAR ZANDOANGA

(Perak F.M.E.)

KILALA LUMPUR

(Philippine Z)

Folen Exchange and. General Banking stadvies Lensarted.

Current Accounts opened and Fixed De poilu received for one year or shorter periode at rates which will be quoted on application

A. H. FERGUSON.

Manager, Hongkong. 24th April, 1920.

THE NATIONAL CITY BANK OF NEW YORK.

Capital, Surplus

and Undivided Profits

G$235,260,400

Commercial and Travellers' Lot-

LONDON BANKELB-The National Pro vincial and Union Bank of England, Ltd.

The Duaranty Trust Company of New York,ters of Credit, Travellers' Chequga NEW YORK BRANCHER:—The levier Bills of Exchange and Cable

tions Tank.

The Fundtable Trust Company of New York. Transfers bought and sold. Car- Interset allowed on Current Accounts and rent accounts and Savings Bank

Find Deposita. Termo on Application.

Every description of Banking bune tranucled.

pest facilities for Home Exchange.

up approved sociti

SHOU J. CHEN.

Manazır.

THE BANK OF EAST ABÍA, LIMITED.

HEAD OFFICE, HONGKONG.

No. 10, Des Voeux Road Central, Ifongkong,

........... #10,000,500

Lown rated (Heat) and Internal Revenue registered estimated total Revenue for 1929 inerease of approximately to $22,700,000 or about 8422.000 in (Heat). $517,000 largely due to Assessed excuss of the estimate. Certain Ladies Free Style Heat). Taxes, Liquor Duties and Revenue rees payable annually in advance 200 m. Free Style Heat) from Opfum Monopoly. Other account for the difference between 100 m, Free Style (Hent). 100 m, Free Style (Open) noteworthy increases were Feca the totals for 1st and 2nd half

(Heat). of Court, &c.-$79,665: Post Office Water Polo (CAA, v«,|—$151,918; Kowloon-Canton Rail-

F.K.A.) way-$101,800, mainly due to the ist half year 1929 amounted to Receipts from Land Sales In the through traffic to Canton being $672,719, and the sum of $577,281 Imaintained; Rent of Government

for the 2nd half year includes She Properties--$84,384;

$179,516; and Miscellaneous Re-arrears of premia due' from

Kowloon Tong Estate and Praya ceipts-32,294,859 (including rest Marine Lot-holders, which it is 34lbima fand of $1,963,359 Public Works expected will be paid into Calcula Loan expenditure).

In the year 1923 Land Sales demand for Land appears to be tonulu

Treasury. The present activo Canton netted

ILM $3,488,797 against

steady. $1,635,236 in 1928. If these figures

Mr. Hule was on the verge of suppose it's 'up' to Alester." suhding when his better indg wasn't so sure about Dan, mint came to his rescue. Jerry

Well, what did it matter? She ben a pleasant surprise to wouldn't see Dan again, If Ales him. He'd had no trouble with ter asked her to marry him. her and, he'd given her plenty to kick about if she'd been inclined

She no longer had any desire to capture her' millionaire In the purely impersonal manner which she had discussed with Myrtle at the beginning of her summor ya cation.

She had changed since

carry her troubles to Mr. Wein- time. Even the thought of marry ertz. ing Alester was beginning to také "All right," he acquiesced. on a tinge of dread and Jerry do your limbering up in the

that

was afraid of this new sensation) 'heatre hereafter." -afraid that she wonki wsdet

be like other girls. Sho

who had learned in time to find

Jerry counted sheep that night until long after Evelyn had fallen asleep. The next morning she was listless and pale. Evelyn in afsted, upon a short, brisk walk before breakfast.

Interest

accounts opened and Fixed Do posita in local and foreign curres.. cies takon at rates that may be as certained, on application to the Bank.

HEAD OFFICE: 55, Wall Street, New York. Branches in:-

ARGENTINE BELCIUM

CHUNA COLOMBIA

CUBA DOMINICAN REPUBLIC TRANCE INDIA

Authorised Capital...

d-Up Capital

BRAYIL

6,004,000

CHILE

Reserve

1,200,000

the

BRANCIES AND AGENCIES --

San Francisco

Nerak!

Scarle

New York

Italphong

Osaka Parla Tekn Penang

Sydney

Talpch

IDKDOD

Shanghai

1. Tientsin

Tokyo.

a fair index that the Colony has The Estimates of Revenue for a total of more than regained ils feet after the year 1930 reach

Коф

Kowloon

Business trapancied. proved securities.

Bemarang

Singapore

Every seription of Bank and Etelsangs

somnied

SAFE DEPOSIT BOXES in lez.

KAN TONG PO,.

Chief Manager, Hongkong. 21st March, 1927.

:

ITALY

JAPAN

LONDON

MEXICO PANAMA

PERU

PORTO RICO STRAITS

SETTLEMENTS UHUGUAY VENEZUELA

We are also able to offer our Customers the services of the Branches of the International Banking Corporation in San Fran-

and The National City Bank of New York (France) S.A, in Paris.

F. McD, COURTNEY,

Manager.: Hongkong, 2nd July, 1929.

are deducted from the respective to be carried to the year 1930 is Manis

The estimated Iquid balance Zanken Balgon

Correspondents in all principal titles of the cisco, Spain and the Philipping. total Revenue and the above re $6,224,977 which is $579,368 Tesa world.

Island,' forred a sum of $1,963,369 for than the liquid balance that was Public Works Loan Expenditure deducted from the 1928 Revenue available on 1st January, 1929, the At 10 they were on the stage it will be observed that 1923 pro-estimated deficit of revenue under reduction being due to the AB against Evelyn and Jerry returned to and Jerry was, anxious to work, duced $21,294,966

expenditure. her way out of the age-old path their hotel in a rolling chair plans. The leads had been called These figures may be accepted as but there'd been a change of 821,309,804 collected in 1928.

1930. that led to disillusionment.

"Do you know I think Mr. Hule Her high talk-high flight," heres you". Evelyn aid in a voice carly and the chorus stood around brother had called it what that carried a note of surprise in in costifme, waiting. would it amount to.if she falled it.

the serious set back experienced $22,712,920 an increase of 484,820 "Don't alt down," the wardrobe due to the disastrous strike of over the Approved Estimate for to live up to it when opportunity "It got his goat not Lo got mistress cautioned the girls when 1926.

1929, an increase of $12,020 over knocked at her door?

mine," Jerry answered.

she came along and found some She passed a

the Revised Estimate for the same hand wearily "I wouldn't be surprised if he of them perched upon a "prop" across her eyes. What had sheave you a solo bit," Evelyn pre-table. "Those costumes weren't

under the actual Revenue of 1928. done to encourage this uncertain dieted.

made to sit in." state of mind? Wasn't the Yond. "No such luck: I'm not good. clear before her? She might be placing too much reliance upon the God of Love. It might be fatal not to do as Alester wished.

+

enough for that."

1929.

.*

SHAMEEN

The Crown Agents' Account for year and a decrease of 12,265,479 PRINTING PRESS the months of May and June are By deducting the sum of $1,963,859. not yet available, consequently the amount transferred from the

A girl standing in the wings the actual collection for the 1st Public Works Loan (1927) to the half year of 1929 on the heads Revenue for 1928, tho effective sneezed suddenly.

Interest, Other Miscellaneous decrease is $202,120. Recolpts, Widows Orphans' Pen- There are estimated decrensen stons Contributions are approxi- of importance under the heads mate, The total Revenue for Liquor Duties by $200,000; Oplum 1st half year amounts to $11.477. Monopoly by $800,000 and Stamp 848 which exceeds six-twelfths of Duties by $800,000. the year's estimate by about 3.38 lacs.

The Increases are: Assessed The revised estimated Taxes by $350,000; Tobacco Duties revenue for the 2nd/half year is by $400,000 and Kowloon-Canton $11,222,157 bringing the revised Railway by $140,000.

"Sure you are, don't let your opportunity alip, Jerry. No mat Mr. Hule heard her. ter what you're after In life, "You," he called, "come here." will be easier to fench from one With deflance in her carriage But there was someone whose

step up."

and expression the girl walked Jerry sighed. Maybe Evelyn over to him. eyes would grow troubled and was right," he thought. She was anxious if he know. she'd go to a sure that Alester had changed to- "Were you at young Carstairs' "live" affair someone whom she ward her since she'd discarded her midnight swimming party?" he was reluctant to displease even shopgirl role. If going on the demanded harshly. though he were Ignorant of it.

stage is up," she mused; "but I

(To Be Continued.)

AGENTS FOR

The

Hongkong Telegraph.

TO WHOM ALL LOCAL ENQUIRIES SHOULD BE ADDRESSED,

THE BANK OF CANTON, LIMITED.

ESTABLISHIKÓ · 1913.

Head Office:-flongkong.

Authorised Capital .........811,006,001. Fald-Up Fend Deserve Wand. BRANCHES-

*255,000.

Cantos, Shanghai, Tankow, Bwiset). - Basakok, New York and San Fran

clace.

LONDON BANKEWHA

The Lloyd'a Bank, Limited. Correspondenta in wil Frissipul clikes of dia

·world.

"Foreign Exchange and Banking. Boplama of every desaription: transmeted.

Bate Deptalt Boxes (Facióm slam) at {wearly, renta! of from #6. 16. $40,

LOOK POONO BRAN,

...: Chief MasKÉM, Bongking, 18th “Folruary, 1827.

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