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the Attorney General in Hongkong was recently approached and asked what position Ir. Payner held in the Colony."he reply was that as he mas e british subject he could trade here provided he did not work for Carlowitz. The Attorney General admitted that he might be doing so, but proof

would be very difficult to obtain.

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Mr. Rayner now calls his firm in Canton kayner Heusser & Co. Fr. Heusner, who claims to be a iwias, was formerly with lessrs. Carlowitz & Co. in Thanghai. When kr. Rayner left chine he left a considerable portion of his fortune invested in C & Co. and while now looking after his own interest is incidentally furthering those of his former associates whose money is invested with his. Chim Export. import - bank co, "his firm did a large import and export, business. "hey had very considerable stocks on hand much of which has already been disposed of. A very considerable swa of money to their credit with the liquidators has been remitted to London by the Government to invest in the war loan (£25,000.)

This branch was closed very Deutsche asiatische aank. shortly after the war and the business placed in the hands of the Hongkong & Shanghai banking Corporation. The manage) should have been interned, but for some unexplained reasoni

be proceeded to bew the Civil Authorities released him. York where he war engaged for some time in making gold shipments to Germany. He has since returned to Shanghai where he is energetically looking after German interesta. Hugo L.L.From. A small commission business now being

wound up.

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Garrule korner 1 un. successors to ',keyer & Co., formerly did a very large business throughout, the far 'ast, but recently failed. This firm was placed in the hands of Fr. ..G. Torcester as liquidator,brother-in-law

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