1925-06-13 — Page 2

China Mail 德臣西報 中國郵報 All

THE CHINA MAIL.

SATURDAY, JUNE 13, 1925.

HONGKONG & SHANGHAI

BANKING CORPOLATION.

HEAD OFFICE: HONGKONG AUTHORISED ÜAPITAL...... 800,000,000 INUED AND FULLY PAID UP $20,000,136,1- SERVE FUNDI —

STERLING... 24,500,000 SILVER...... 326,000,000 RESERVE LIAMLITY OF

PROPRITIORS........................+}

$20,000, BUC

COURT OF DIRECTORS: GM. Young, Eng-Chairman.

EL. P. White, aq-Deputy Chairman,

Hon. Mr. A.is, Lauko

W. H. Bell, F.

D. G. M. Lornard, Ea

A. H. Compion, Ca.

W. L. Pattebilen, Bay

1. A. Plummer, Eq.

Hon Mr.PH.Holyoak T. G. Wamil, · Sea»

CHIEF MANAGER:

A. H. BARLOW, Esq.

LONDON BANKLES, Westminster Bank, Ltd.

CURRENT ACCOUNTS opened in BOGAL CURRENCY and FIXED DEPOSITS received for one year or wwerter periods in Local Currency and ting on terms which will be quoted applextion. Hongkong, May 20, 1985.

HONGKONG SAVINGS BANK. Ta

COMMERCE AND FINANCE.

SHARES.

LOCAL

OPENINGS FOR SMALL INVESTORS.

BUYING AND SELLING,

HONGKONG COMPANY'S

sary.

FACILITIES:

follows:

of the

and

LIMITED. HEAD OFFICE, HONGKÒNG.

Authorized Capital Paid-up Capital

$10,000,

Reserve Fund 20

DIRECTORS:

soundness of Mr. Ramsay Mac now $14.50, including a paid call large and small lots with prac- THE BANK OF EAST ASIA Donald's antipathy to large Besides the difference in values tically all the Hongkong brokers, capitalists, publicly stated in the clients received bonus aud raembers

Hongkong London that the "Big Fivo" dividends when,due. 95 per cent. Shareholders' Association, penditure for floating or equip-banks' capital was made up as of the firms' clients are investors the Hungkong Stock Exchange. of small lots from 10 up to one The majority of the Small Inves ment as in the majority of com-

or three hundred shares and this tors' business is in negotiating panies negotiated recently: all

is all cash business.

small dis which the average the capital will be in a liquid

broker does not find profitable, state as and when needed for investiments, etc. With the added facilities available because of the increased capital, local prospec- tive shareholders will realise that the results for the future of the Barclay's, limited company may reasonably

Capital

Holders

Capital

held by average holders

£15,962,372 51,011 £306 be expected to be even more satis-Lloyda 14,972,056 5,668 258 factory than those already re- Midland 11,976,390 57,260 209 corded for the private company. National

Province 9,479,416.41,603 West-

Encouraging Thrift.

The Small Investors therefore and therefore the Company is benefits Individuals by catering often able to obtain from or dis for the needs of thrifty persons pose to the authorised brokers to enabling them to invest safely at a mutual benefit.. As stated, how- legitimate profit and benefits the ever, 95 per cent of the Com- community at large. inasmuch as pany's business is done with the more people of thrifty actions clients direct.

The New Company. a place possesses the more pros- In further reference to the

perous the community. The Small Investors therefore is, by fulfill-Macao branch of the Small Inves-! Company's Main Object.

225 ing its declared objects, educating tors which is now in negotiation, Το those not fully ac-

the public to invest safely in the capital of the Small Investors' quainted with the Company. it

minster 9.051.718 69,882 130 sound stocks the workings of Share and Real Estate Co., Ltd., may be explained that the chief Total capital involved 560,473, which can be studied in Hong- will be $800,000 made up of $10 business is the disposing of and 352: average capital of the in- kong and Macao rather than ven- shares which are payable $2.50 acquiring small lots of shares for vestors £219 or, say, approximate-tures in shares of countries upon application: $2.50 upon the interests of clients. The ly Hongkong $1,927. The Small abroad the directors of which application: $2.50 upon allotment Company also negotiates the Investors handle transactions in-undertakings, and the workings and the balance in instalments of transfer of houses, land and pro-volving anything from $100 to of which, cannot be so widely $2.50 when called upon but at not perty as will have been noticed by $40,000, the average transaction known. An added attraction is less than an interval of three its various offers in the local though is about $3.000.

the co-operation induced between months after the previous pay.

the

company's

Hon. Mr. Chow Shou Son--Chairmail

Fang Fing Shan Mok Ching Kon

Li Koon Chain“

F. K. Kwok

Ng Ching Lok Fong Wal Ting

Wong Yun Toma Hnych Tai Kan Ying PLA Chan Ching Shall Every description of Banking Exchange business transacted. granted on approved sacurities..." SAFE DEROBIT. BOXES to Jelli

KAN TONG PO,

Chief Mariages

Hongkong, 18th February, 1928

NEDERLANDSCHE HANDEL MAATSCHAPPIJ. ·

(NETHERLANDS TRADING SOCIETY.)

PEARL LENTED..1884, Hongrono Baron Betáblizzo 1908..... Authorised / upital 13. 186,601,000 £13 300,000 Fald-Up Capital O. 50,000,000 6688,87% Fund. SQUES CM 71 670,419

HEAD OFFICE --Aroskerdura, EASTERN HEAD OFFICH :-) ataria.

BRANCHES- Bandermarin Bandeng

Cheriton

The Hagu Mix

Bashar Ifember kome Midam Pecos ga Rangobo Floghai

"When the Small Investore Share and Real Estate Company (Hongkong) was started last year, it Alled a long-felt ivant, and some interesting particulars. are forwarded to us to show the Manager: Shanghai-G. H. STITT, Esq. public support received. The Arst month's gross business amounted to $170,000, all cash business. This is small com. pared with the business r the old established sharebrok s do. but it is sufficient to indicare that the Company fulfils a real need and that it has the confidence of Press. As the majority of in- "Constantly Returning." Hongkong and Macao individualsment. Ninety thousand dollars the public. The Company will veators are able only to purchase A large percentage of the Com-Land firms, thus tending to ad has been already preferred. shortly observe its first anniver- in small lots and as these smallbany's Arst clients are constant-vance the cordial relations which Applications for shares should Special Reserves.G. 22,685,000 18. 1,205,2000

While it was primarily lota do not interest the ordinary ly returning to invest in shares have existed between the parent be sent to the Banco Nacional formed for the convenience of broker of Hongkong the conse- cash received on rising values of countries of the two colonies for Ultramarino,

investors, local and out- quence was, that until the forma-small lots of shares previously centuries.

Macao lawyer, Henrique Nolasco small port, it is in a position to handle tion of the Small Investors in bought, and from interest and

da Silva Almeida Ribeiro,, or Celotla Appreciated. of larger investors Hongkong. nearly three years bonus received from the affairs

same, in That the Small Investors Com-direct to the Hongkong and Tjahjakaru with the same facility, promptiago, the investor in small shares other lots the Company is able to pany is appreciated by large con- Shanghai Bank, Hongkong: to Rate F AND SHANGHAI BANKING COR tude and service. The Company and this means the average per-offer. An adequate reason for cerns is evidenced by the fact the Company's office. 10 Des

furthermore, will accept commis-son-hud no PORATION. Bules may be obtained sins to dispose of, or acquire, specialising in meeting his or hered by the quoting of

firm this desire to re-invest is furnish that it has had the privilege of Voeux Road, or P.O. Box 484, Rotterda a few serving auch well-known firms as Hongkong. An office will short-lampor INTEREST on deposits is calculated land, buildings; or rent same, for needs. To cater specially for the instances of clients who have the Hongkong and Shanghai ly be available

Tegal in Macao to on the lowest balance daring each com- the benefit of clients. No fee is small investor the Company was bought previously as follows Hotels Company, the Sincere Life negotiate shares, land or property plated Calendar Month at 3 percent. charged for consultation, but on commenced and it has had the Client N6 purchased 100 Sugars Insurance Co., Ltd. (a branch of there. As the capital suggested par annum. Should there be on balance the contrary, prospective clients pleasure of serving innumerable for $244 per share; later the the Sincere on any day in a month no interest will are welcome, whether business clients since that time with such Company offered him $412 per National Savings Banks, also of the majority of companies Co., Ltd) the is considerably smaller than that or not. For shares the satisfaction that many of the share; this was previous to the brunch of Sincere Co., Ltd., the floated recently and there are no Depositors may transfer at their clients merely give the usual local Company's clients have been the partition of Sugar shares. option Eniacco of 8100 or more to the fee, irrespective of the number of means of introducing also from same client also bought Peak other

The Wing On Co., Ltd., and several heavy charges for equipment, HONGKONG & SHANGHAI BANK hares

commercial firms and thus leaving capital available for negotiated. to be placed on FIXED DEPOSIT at dally list giving particulars of sent

free one to five new clients. The pre-Trams at $22; luter he

clientele,

was f banks. Members also of the investments, no guarantee can be therefore, has offered $20 per share. CURRENT RATES.

Client Hongkong Bank, the Chartered given that the number of shares foreigners and Chinese alike upon made by original clients; pleased Wharves" at. $164 each; nine and Matthews, Shewan Tomes & can be allotted. Those in out- to largely grown from introductions G11, an elderly lady, bought Bank, Messrs, Lowe, Bingham requested by individuals or firms application at the Company's investors satisfied with the ser- months later she was offered Co., Sun Co., Ltd., etc., frequent posts wishing to reserve a de- ofEce. 8. Des Voeux Road, vice rendered.

ΟΙ

$212 for each, but this client re- ly transact business with the finite number of shares are P.O. Box 484, Hongkong.. The New Capital Required. fused to sell. Client W4 bought Company. Since the inception of advised to cable "Investor," telephone number is Central

Unions It is in 4630."

at $225; they are now the firm (now in its third year) Hongkong, or write promptly to consequence of

$301. Providents bought by the Small Investors has had the the addresses of agents given the quickly growing clientele

above. and in order further

several clients at $6 per share are pleasure of negotiating shares in to

1203 business of the above Bank is

conducted by the HONGKONG

on application.

be allowed for that month,

For the HONGKONG & MANGA

BANKING CORPORATION,

A. E. BARLOW,:

Chief Manager. Hongkong 7th January, 1925.

THE CHARTERED BANK OF

INDIA, AUSTRALIA & CHINA

INCORPORATED BY ROYAL CHARTER, 1855.

HEAD OFFICE: LONDON,

..23,000,000 £4,000,000

.£5,000,000 FOREIGN EXCHANGE and General CURRENT ACCOUNTS oponed and FIXED DEPOSITS received for 1 year de shorter period at rates which will be

moted on application.

A. H. FERGUSON, Manager. Hongkong, April 15, 1926,"

Paid-up Capital

Reserve Fund Reserve Liability of Pro-

priators....

Banking business transacted.

results

local shares will be sent

We

Company

broker or

facilitate the-transfer of amall

Great Increase. Since the above appeared in the "South China Morning Post on February 8, 1924,

lots to and from clients as stated understand the

previously (it is the future inten- volume of business transactions tion to purchase outright a large for a recent month amounted to proportion of the small lots $245,000 and the number of

that further capital is offered) clients has increased 400 per required. In the past the Com- per cent.; a fair proportion of pany has not been in the habit of these are in Macro.

There are buying outright but has

com-

Fur-

still a good number of investors.municated with various of its for whom the Company has not clients until the particular ict yet been privileged to act. With offered has been accepted. the object of obtaining a larger thermore, as many small lots are frequently offered during the proportion of these investors a local limited company is now in

course of one day-it-has-not been the process of negotiation to be always possible to dispose of a known as the Small Investors lot on the same day that it was Shares Real Estate Co., Ltd. The that clients have urgent reasons offered. As it usually happens limited company will follow the ́BANQUE DE L'INDO-CHINE. Procedure adopted by the old for selling investments, such as a company for the last three years need of cash, the delay in disposal departure. for Europe, or drastic except that certain small lots of frequently proves a hardship to 96, Boulevard Haussman, Paris,

shares will be purchased for the the client; hence the desire to Frs. 72,000,000.00 Company's own holdings from a prove of greater service and bacribed Capital Fald-Up Capital. Prs. 68,400,000.00 variety of sound local companies assistance to all customers by

rve Fund ... Fr. 69,867,289.54 yielding satisfactory dividends

BRANCHES

and bonus. These profits will be purchasing outright small lots collected by the Company and in only; this will have the added

benefit turn paid over to shareholders.

enabling the The great advantage of such a hand small lots for ready dis- Company to have always-on" aystem is that instead of an in-

Furthermore, the firm posal. will continue as before to add the

HEAD OFFICE:

Hongkong

Moarte

gkok

dettambang

Canton

Nou

Aphog

Bwarow

Ed

'Faposte

reking Раод-Ред Pondichery

BANKERS:

Paign Shangha Hingapore

Trenira

ToJYRKG

tooarte dividual buying

2

particular

of

share which may not yield satis-small lots together for disposal

IN FRANCE Comptoir National d'Escompte factory returns he will, as-

IN LONDON: The National Provincial A Union Bank of England, Ltd. Comptois National Escompta de Faria; Credit Lyannals IN NEW YORK. Morgan & Co

American Banking Corporation;

Branch Waranty Trust Co. of New York.

Emtrent allowed on Current Accounts and

and Deposita according to arrangeman!.

Mulus tempNĖDŽ

Mrwy description of Banking and Exchange

A. LECOT,

Manager. Hongkong, March 20, 1924,

in larger lota. For instance, lots

LOCAL SHARE

Name

1:

& O Bask East Asia Bank Marine Izavrancea Canton Insurance. China Undirs

North China Insurance Union Insurance -- Fire InsuraRoss

Yengiare Insurance

MARKET.

QUOTATIONS

JUNE 19 Ebarabrokers' •sociation.

Bark.

In the event of shares being oversubscribed applications for payment will be returned in full to the senders. Acknowledgment will also be made in due course to all applicants.

fadany

Palentang fntianak

Boeralis Boersterte (Belab Thathu W-terredem LONDON BANKERS: National Provincial Bank, Ltd. Correspondents all over the world. BANKING BUSINESS OF EVERY

DESCRIPTION...

"

M. J. HERBSCHLWIL

Agent

Hongkong, November 4, 1924.

!

司公理管業實法中

SOCIETE FRANCAISE DE GERANCE

DE LA BANQUE INDUSTRIELLE DE CHINE BTABLISSEMENT FRANCO UHINOIS. (Incorporated in France).

6, Chater Road, Victoria, Hongkong. HEAD OFFICE: 74, Hus St. Lazarı, / Paris.

Subscribed Capital folly

paid-up...

THE MERCANTILE BANK OF Essers Fund

INDIA, LTD.

HEAD OFFICE:

të, Gracechurch street, London, E. 0). a.

Authorised Capital

Bubscribed Capital

Paid-up Capital Reserve Fund

RAKIZES:

£3,000,000

1,800,000

1,050,000

1,300,000

The Bank of England Midland Bank, Ltd.

Kuala Lumpe: Tanger

Batavia Mongkong Madras

Now York PRIN

--

N

Надарств Collabo Karachi Port Louis (Mandilica),

Kota Maza

Tourabaya MONOTONO BRASOR Kvary description of Basting and Exchange bal. KRYSSLAN allowed on Cartant Acoopste at best par assum en Daily Baianos and on Find De 540ito at rutes that may be uncertained on application

1.8. 2089,

Loting Measg.

OFFICIAL

10.30 A.M

JUNE 12.

Stock Exchange

Bank

0

***

.A.B.C. T.T. on selling rate

London and on Shanghai Bengkong Banks 1890 sa Londen-£157 n Chartered Bank...

£10.1/9 n. Mercantile Bank A

£19-1/8 b. 213-1/8 h.. 2115. 97) E

711

# 1990

1-1/2

b

BEN PEDA

b. "10" £18}

b. £11

B. 100

I

BRANCHES

Bangkok Galla

150 n

b. 780

Bobby

45 b. 470 na

844.50-80

Calcutta Kandy

T140

Balt

286 b. a.

b 233 mm 286

10 k

b. bo

th

200 b.

b.. 190

b. 670

1

38 a

b 28-1/2

7 Que Road Central,

„Konizona. JADRATY 28, 1996–

38

11. 58

90

90.

+ 13

847-b

}, 85/-

M

IM

814

4.82

a. 17

255 n

58 n

61

1.40. £8). b

b Box

Comb.

T16-1/2 n.

b. 15

b.

n.

b.

T1155 n

$81. b

b Edi

China Fire Insurance Hongkong Fire Insurance... 670 5. shipping

do

*14

(B.K. Rog.)...

Donglands.....

1.K. Steamboats. Hongkong Tugs and Lighter 16. Fado-Ohivas (Prof.)

(Del.) do..

Shell Transports Star Ferries Water-boats " ofineries Oriental Nav. Co.

China Bugar... Malabon Bugar

Benguata

Mining Adm Langksta... Shanghai Loans

Explorations.... Bingle Tangkate Baube Tronoh Mince

Caspe Decks.

Wharves, Godowne, Xs.

Wharts.. B.4K.

191 b B. &W. Dook Shanghai Hongkows New Engineerings...

Paris; Credit Lyonnali; Banque de Parli ef shareholder of the Small Inves- of 100, 150, and 250 could be dis Paya-Eas; Credit Industriel at Commartial | dscfate Trenerale.

tors, obtain dividends: from the majority of companies in which posed of as one lot of 500, which "the firm have invested. In other enables the obtaining of a better Words, all his eggs will not be in price for such a lot. As a general one basket so that if one parti- small lot is willing to do

rule the person disposing of a cular basket drops he will still slightly

50 at (given a hundred baskets) be 99 similarly, the person wishing to below market rate; per cent. to the good. method is long tried and success-up a lot is willing, as a rule, to This obtain 50 or 100 shares to make ful as is proved by the success of pay slightly more than market investment companies in Britain. rate. He realises this is reason- Moreover such companies are able, as to supply such a portion able to furnish unbiased reports, it is necessary to split a larger reference to any particular share, lot and this necessitates Govern- held by its shareholders and it is ment

B. K. the intention of the Small Inves-charges, etc. This applies parti

atamp fees, transfer Lands,

H.K.Bhal Hotels furnish such reports.cularly to persons who negotiate |

Hongkong Lands Branch in Macao,

H.K. Balty Jarge lots only. Ал

Humphreys Estates office opened in Macao as a good will also be

Kowloon Lande Princes Bullding. proportion of the Company's

H.B. Territorial.... clients

Boral Fandom aro in the neigh-

THE YOKOHAMA SPECIE BANK, LTD,

Katablished 1880. (apital' (full paid-up).. Yer 100,000,000 Beserve Fund

........ Ten 80,500,000

Hand Office:-YOKOHAMA.

Branches and Agencies at:

ombay. Manos Ayres,

(Dalby), magtien (Mukdan).

Twe

Angeles

Newchwang.

New York.

Osaka.

Peking. Rangoon.

Rio de Janeiro: Baigon. Bat: Francisco Beattie. Shanghal Shimonose. Bingapore,

Boarshaya Sydney. Tientsin. Tokyo. Tainanfo.

Taingtau Vladivostock.

Enbarent allowed on Current Account Deposita received for fixed periods at anise to be obtained or application.

C. ARIMA Hongkong, 11th March, 1975, opt

tors to

C

ghaberinga Mi

The Average Investor. The average investor, how- ever, Is usually content

on hand Cotton Hills,

wo Cotton Milla, Ltd. LAGO KOLE Now..

·Cotton

bouring colony, and it is the Com-(they are all good shares as the

to accept the lots

Oriental.

Teen

10.355

₺ 190-1/2. u 114

# 136

5 134a 14 in 11,80

■ & 19

H

114.

T 300 u.

Ta.

T 128 b.

15.70 ra New ----

00-1/2 m

19-1/b

b. 41

= 30

150 m.

10.

M. 160

b. 2-1/3

10.10

11. 3.30 m.

7 51 m Sew 7 11 x.

11 n. Kaw In

97).to

hus Providents 16 New 14. . dothon 20 b Dorb thì bi

China Providenia Gombined

K. Darelopmenta

Dairy Farme

Electrics

pany's intention to furnish re- Company deals only in well con- liable quotations from the Hong-sidered stocks) and consequently kong office by telegram daily he is able to obtain them at At present, share ists arrive in market rate as there are no trans-isomilascena. Macao from Hongkong a day late fer or stamp charges which would and, apart from this delay, it will be the case if the shares were

aptor be readily appreciated by pros-specially split: The Small Inves

Camente pective shareholders there that tors have constant applications

Cements "Combined. cabled quotations transmitted for lots, say 12, 25 and 50, of the

Chias Lights (OM) from Hongkong will be of great higher priced shares such as satisfaction and will enable a Hongkong Banks. Union Insur- client to obtain, in selling or buy-ance, P, & O. Banks, Chartered Ing, a substantial difference to his Banks, Docks, Wharves and profit..

Local shareholders will other shares quoted on the naturally, by doing business with Macuo and Hongkong market. the Company, be helping their The majority of these shares are fees they pay for the acquiring or For the lower priced shares own interests, as the brokerage excellent and yield good interest. disposal of shares will eventually ellenta are aften able to take lots be returned to them in the form of 500 or more. Orders to dis of dividends and bonus,

pose of shares are given by per sous departing for Europe or To investors of thrifty inclina elsewhere or from clients destr tions It will be of interest toing to obtain other shares which the limited Company in their opinion are likely to be ed on the business of the half better yielding shares

Yield

year prior to March last could That this is the day of

lald of from 47

dor

¿vestors is: Vondand v funblased oran

50 Cente

Boogkong Amusementa Bougkong and Canton Icos - "Hongkong. Rope..., ... 18 a. Row 10.10

hopes Combined...

40.

Hongkong FIEMMATEM

17 How 31 a.

Combih 573 26 29'

Waw 30 m. Cònab ♬ 31} sa 8180

an. 16 New 18 a.

"Comb, m' 68-7/8

·B-80. Candi

Hey 10 n

THE BANK OF CHINA. 行銀國中

(Specially Authorised by Presidential

Mandate of the Republic of China

on the 22nd of November, 1917).

Authorised. Capital $60,000,000,00 Pakl-up Capital

Reserve Fund

$18,278,500.00 $9,89 KM

HEAD OFFICE: 'PEKING

HONGKONG BRANCH:

4, QUEEN'S ROAD CENTRAL. Branches and Sub-branches all over China and Correspondents in Europe, America, and other parts of the world London Bankers: The National Previn

edal and Union Bank of England, It The Guaranty Trust Company of New

Tork

New York Bankers: The Irving

National Bank The Equitable Trust Company of New

Torte

Interest allowed on Current Accounts and Fixed Deposite Terms on applies tion

Evary, description of Banking Burl boss transacted towpage?

Loans granted on apamoyed seepritias. Special facilities for Home Exchange

THUYSE PEL, Manager.

Frx. 10,000,000 Fra. 1979

Working fund provided by" THE BANQUE INDUSTRIELLA -

Paris:

DE CHINE

Frz. 50,000,000.

BANKERS:

Sociate Generale,

Nationale de Credit Bangos Paris et des Pays-Bas,

London: Midland Bank, Ltd. New York: Irving Bank Columbia Trai

Go.

Every description of Banking Frchange Business transacted. Con spondents throughout the world

M. FITZ-HENRY.

Manager Hongkong, 18th February, 1925.

THE BANK OF TAIWAN, LTE. (Taiwan Ginko.)

Incorporated by Special Imperial Charter, 1899.

Capital Subscribed

Ten 60,000,000

Capital (Paid-up)

Yen 62,500 DES

Reserve Fund

Yen 12,080,000

HEAD OFFICE! TAIFEE, FORMOSA

BRANCHES:

JAPAN--Tokyo, Yokohama, Kobėj

Ouks

FORMOSA-Giran, Kag!, Karenka, Keelung, Makung, Nanto, Phan Shinchiku,

Taichu, Tainan, Takom Tamsul, Tobyen, AKO, CHINA. Shanghai, Hankow, Amoy

Foochow, Swatow, Canton. OTHERS Bangkok, Hongkong, Sings- Soarabaya, Batavia, Bombay, London, Na York, Calcutta,

pore,

LONDON BANKERS:" London County Westminster af

Parr's Bank

The Bank has Ovenernondants in the Commercial Cekitar in the Buropeia Continent, Eumia, Iran obusta Tsingtao, Japan, Todo-China, diam,' India, Philippine Islande, Fata, and "Batch Indian, Anak-

Aperion, Africa, De lucerset Allowed on Current Acconsis, and Figsé Bondia at rates which with, he quoted ar applica.

Z YAMAMOTO Manager,

HONGKONG BRANCEA

8. Des Voeux Road Central Hongkong, 8th June, 1924

INVESTMENTS

We shall be glad to quote upon any share whether busines

is negatinted or not. Share Hists sent upon request,

SMALL LOTS

We Sell

Allagara (Rubber),

SEM.

We Buy

500

Canton Tradeshogi Taxi

P&O Ranks at £11} Hongkong Atisements

Developments

New Providents. „Underwritein? MAR

100/000 Hotel

100/500 Olax Lighis 100/800.

100 ShangZoek

AND ANY OTHER LÖTS UN

WEZBUY OR SELLÄBIR

SMALL INVESTORS

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