1926-09-28 — Page 2

HONGKONG AND SHANGHAI

BANKING CORPORATION. *

Authorised Capitali.« ««£90,0· Ennodane Pully Palchapoca yako+ 120,49600)

laserre Fundaz

Sterling...

Hilver

MORICOU

Reserva- Linvilliy of Propriulori + ........$20,000;0987-

BLAD OFFICE, HONGKONG:

21

GOUNT OF DIRECTORS:-

H. Mr., 13. 1. M. Bernard,

Chal

Hon. Mr. A2O, LABR. Deputy Chairwana.

W. 11. Hall, Huey,

„A. 11, Compaq

W. L. Patielen, Rwa

AMOY

MANUKOR MATAVLA

JHOM 144

CANTES

. . Young

JA. Planifor, Kaj

19, C. Weil, Raga ra

II. P. WELL, Yuhlin

Olla! Minangor,

A 1 Barlow, Eng

BRANCHEA

LONDON

LYONN

MALAGOA

MANILA

NAMANARD

THE BANK OF EAST ASIA, LTD.

HEAD OFFICE: HONGKONG. · 10, Des Voeux Road Central, Hongkong).

Authorised Capital: Paid-Up Capital Rosaryo Fund...

$10,000,000 8,000,000 1.200.000

BRANCHES AND AGENCIES:- Batavia Melbourne Men Primaleen Bombay Nagamki Seattle

Calouste

New York

Senareng

Canton

Omka

Shushini

Haiphong

PATI

Ainuor

Poking

Svarbay

Penz

Th

3

Rangrun

Tiontein Tokyo

Honolulu Kobo Kowloon Londna Skigon Manila

1

Correspondente in all principal cities of the world.

Every description of Banking and Exchange businesss transacted. Loans granted on approved securities.

SAFE DEPOSIT BOXES to let."

KAN TONG PO,

Chief Manager.

Hongkong, 22nd May, 1920.

BANQUE FRANCO-CHINOISE

CALAJUNTA

NRW YATOC

行銀商工法中

CURROU

PERING

COLOMBO

DAHLEN.

FOOCHOW

HAIPHONG

SAN FRANCIACO

HAMBU

BANKOW

HARBIN HONGKRW

110110-

1901

JOBORE

KORK

KUALA

USPUR

PENANO RANHUON

NAUOS

MIANGHAP

"MINGA POKE

SOURABAYA.

MUNIKI PATANI TIENTMEN

PEME VAJ

TSINTAO. YOKOHAMA

Current Accuun paneli la fab Glerupsag Faced Dupont rok for many gay b shorter poluilmin: Louri Currunyà org. anfath which will be garntech-on-tappaftus: mel,

Hongkong, 27th May,

HONGKONG SAVINGS BANK..

natus of the shore un cites da tn 1ONGRONG AND SHANGHAP BANKING CORPORATION. Hulo, may cam obtained on apple

YOU TUR HONGKONG & BHANGHA BANKING CORPORATION.

Hongkong, 27th May, 1026.

A. 1. Barlow,

Chof Maringon

BANQUE DE L'INDO-CHINE.

"

HEAD OFFICE:

98, Boulevard Haussman, Paris, Subscribed: Capital Frs. 72,000,000,00 Fr. 68,400,000.00 Paid-Up Capital Reserve Fund

Frs: 59,667 283.54 BRANCHES. Hanoi

Bangkek

Battambang

Centon

Mengut

Dibout!

Nouble

Fort-Bayard

Paperie

Haiphonx Hankow

Poking

Pondicherry *tu{on

brnglend Singapers Tent-in

pour le

Commerce et L'Industrie (Incorporated in Franco)."

5. Chater Road, Victoria. Hongkong HEAD OFFICE: 74. Rde Bt. Lasare,

Paris.

THE CHINA

MAIL.

COMMERCE AND FINANCE.

CLOSING OF A BANK.

SHARE OF SALT AND CUSTOMS: REVENUE.

Shanghal Sept. 27. The closing down of the Run as Aslatie Bank raises important Fanestions concerning the future disposal of Its share of the Saft and Customs revenue, which will be discussed at a meeting of the

custodians of the bank.

It is understood that the Customs fands entrusted to the bank are covered by adequate collateral security. Reuter.

[1

OVERSEA TRADE.

The detalled Agures were issued of the Board of Trado returns of Britain'a

"a overseas trade in July, the general statistics of which have already been published.

TUESDAY, SEPTEMBER 28, 1926.

Taking the figures for the firs

seven months of this year; imports

of £4,347,277, and increases were | down £2,407,688; record deprecia- plso recorded for raw cotton and | Hions of £1,087,569 in Iron and stool cotton wnato, 8688,868, wool raw and manufactures thereof. 2824, and waste, and woollan rags 180 In cotton yarns and malutac 2248.708, oil seeds, nuts, oils, fats, turos, and 2894,807, in wollen and resins and gum £754,787, silk, raw, worsted yarns and manufactures. knuba and nolls £53,740. Against There were: Howaver, Increase in these, however, decrensos were re-fourteen other cases, the largest When compared with Jane both corded in, among other items, Iron one boing, 8699,101 in vehicles - Imports and British exports show ero and scrap, non-ferrous metall- cluding locomotives, ähips, a FOREIGN BORKOWING IN US. Increase, the respective gains being ferous orea and sarap, wood and aircraft).

£2,786,232 and £7,156,765 on totals 1 timber hides and skins undressed, Notwithstanding that there hay of £100.290.598 and 257.288,806. rubber and miscellaneous raw

at £702,808,919 reveal a decline of been some effort to have it appent Comparing these aggregates, how u various matters that foreign ever with those of July, 1926, the unmanufactured..

373,301,279 when compared with Articles wholly or mainly manu- the same parted of, 1925. This fall borrowing in the United States advance in importa is one

21,571,373 only, while British ex- coming to an end or is "slowing

factured, which are sub-divided" ls accounted for as follows-Food, down." there is a good deal of rea-ports show a drop of 67.562,558. fnto twenty different groups, show drink and tobacco, $21,807,138; raw Re-exports, which amounted: to increases in thirteen cases and de- materials and articles mainly un- son for believing that the reverse

down creased in the othor seven, there manufactured, £26,998,529; articles True there.449,966 is actually the case. are a good many countries where 1.303,379 on June Agures, and being recorded a net increase of wholly or mainly marufactured. large credits have been received have declined £1,926,274 compared 21.363,290. Coke and manufac- | 523,778,068; animals not for food, hd which are finding themselves with the statistics for the seventhtured fuel advanced slightly by £235,045 and parcel post, non- embarrassed by the necessity of month of last year. making heavy remittances to the United States.

In these the wiser public men are frowning severely upon further

terma

the

$123

foreigners urgén as .GA

in July.

of

a

and' artičlen materials

267,047.

ת!

mainly

dutiable articlas £1,342,449. Analysing the import Agures for

Food and Tobacco.

The British export figures for the July, and comparing them with the

British exports in July, when aame period this year totalled. corresponding month last year, compared with the corresponding 2595,478.005, a drop of 402,007,486. food, drink and tobacco show

month last year, showed decronses | Here, again, all five main headings. drop of $2,789,297, the largest in ander all Ava main headings. show decreases, viz: Food, "drink' JAPAN'S TARIFFS.

borrowings in this market. But dividual decline being £1.731.794 for Pood, drink and tobacco dropped and tobacco, there are also a good many condutiable food and drink, while meat £39,608, for whereas increases are materials and articles mainly un- £2.879,3219 raw Writing of the appreciation of the tries in which actual necessities are also dropped by £624.331, and grain noted in certain food and drink and manufactured, 238,140,421 (com is yen, the London Eity Editor of the such that foreign loans on a large and flour by 2394,668,

Small in- tobacco, grain and flour is down down by $14,140,514); articles Manchester Guardian Commercial scale are indispensable, and that in

creases were recorded in animals, 388,908. warns Japan that "the necessary effect means American loans.

The drop of £4,570,165 wholly or mainly manufactured, living, for food, and tobacco. appreciation of the yen to the parity

of

raw materials Thus the question

and articles 239.674,797: animals not for food: of 28. 04d cannot be brought about

Cotton and Coal.

mainly unmanufactured is practi- ̄| 2822,397; parcel post, £990,580, " or which Americans by discouraging imports. by the imwilling to lend to

With respect to raw materials eally accounted for by coal the The re-export Agures, for the.. position of higher tariffs or artif

tand articles mainly unmanufac-export in July being only £7,708, suven months show a depreciation, quite

total of Fr 20,000,000cially stimulating exporta, as there ever wasgand deserves very care-red, in which the theronse was against 24,486,092. Articles wholly of £12,778.378, on a F11.100.000, would appear to be a tendency to ful study, continues the "Journal 3.207,772, coal showed an advance or mainly manufactured, which are 276,048.939, Special Working Capital...F 50.000.000,- belleve. The further, fall in prices of Commerce," New York. Nothing can only be brought about by defa

can be clearer than the fact that tion, the careful supervision of all the distinction adught to be made now demands for credit, and con-In Washington between loans for tinued order in the State finances."productive" or "economiic" pur- Still, though the way of deflation Lodes and those incurved for the be hard, if Japan will follow it a fopposite ends is purely artificial little longer she may well, see her This fact is apparently being ap currency at par before the close of preciated even by some of those! he year." The benefits arising who have been responsible for the from the appreciation of the yen, policy and who are now admitting however, are little felt in Japan, a tear that some of the borrowings, NEW YORK-Irving Bank Columbia.comments the "Japan Chronicle," which they have allowed to slip Beet Shlom

lowing to the embargo on the export through were not wise", or "well

of gold, which prevents the natural | founded." «

Ospital Reserves

BRANCHES: " Lyons Marzeilles Haiphong Hanoi

Pozla

Saigon

Peking

Shanghai

Hongkong

Canton

Fontain

BANKERS: " FRANCE: Societe Generale, Banque Nationale" do Credit, Banqas de Paris at des Pays Eas." LONDON: Midland Bank Ltd.

Trust Co..

1

Every description of Banking and deflation desirable. Japan con- But even this rather slender kind Exchange Business Transacted Corretinues to support the exchange of official supervision or investign- spondents throughout the world.

value of the yen abroad, but keeps tion it depressed at home.

Manager.

A, ROLLIN,

Hongkong, 1st December, 1025.

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

may be largely rendered obsolete by the practice of forming) The tariff revision, which was

an American corporation which effected in the last session of the issues bonds for the purpose of Diet, is bringing in a much larger acquiring properties, some

or all increase in the Customs revenue of which are in foreign countries, than was calculated by the Govern This is nominally a domestic issue, Įment. According to the Govern not a foreign, although in reality ment's estimate the increase for it is quite as foreign as if the Incorporated by Royal, Chater, 1853, the present fiscal year is put atbonds in question had been issued HEAD OFFICE: LONDON. Y7,500,000 and the annual average by a company established in any IN FRANCE: Comptoir National d'Escompte de Paris, Credit Lyonnais; Faid-op Capital... £3,000,000 increase in later years at 19,300, one of the Continental countries.

24,000,000- Banque de Faris et den Pays-Bas; Reserve Fund

000: The Seiyuhonto gravely ques Credit Industriel et Commercial; Societe Reserve Liability of Proprie

£3,000,000tioned the accuracy of these figures Generale.

CETINE

Enom Penh Yannoufs

BANKERS:

IN LONDON: The National Pro

& Union Bank of England. Ltd: Tincial Comptoir National d'Escompte de Paria; Credit Lyonnais,

IN NEW YORK: J. P. Morgan & Co.; French American Banking Corpora Lion; Guaranty Trust Co. of New York

Intereat allowed on Current Accounts and Fixed Deposits according to *Tangement,

Every description of Banking and Exchange Business, transacted:

Manager.

A. LECOT,

Hongkong, 11th December, 1925,

NEDERLANDSCHE HANDEL MAATSCHAPPIJ. (NETHERLANDS TRADING SOCIETY.)

tors

Agencies and Branches. ALOR TAN

Many q+) AMILIONĀR RANGKOR BATAVIA BOMBAY CALUUTTA CANTON CAWNPORK CRBP

*SOMBRO DRHT HAIPHONG" HAMBUR HANKOW HONGKONG FOLLO

YOU KARACH KLANG Ковк KUALA LUMPUR KUCHING

41

MADRAS

MANIRA

ARDAN

NEW YORK PRKING PENANG

PESHAWAR PEKKT RANGGON SAIGON

SEMARANG HERRMAN SANUAR INGAPOR SOURABAYA, FAIPANA

(F... TAYOY TIENTSING FOR YO THISUTAD

YOKOHAMA

ZAMBOANGA

(Pipping Initials)

Some of the recent loans of this

description, moreover, are confess

HONGKONG MARKET PRODUCE.

Prima Cat

Corned

*

Roart

H

Bronst

Soup

Steak

Steak Sirloin Sausages Bullock's Brains

57

APPROXIMATE

"Butcher Meat.

RETAIL PRICES.

Poultry,

Sopt. 23, June, June,

1920. 1918, 1914

Tongus, fresh.

Tongue, corned

Head... Heart Hump, Salt Fret

Kidney®

Tal

*

Liver

12

Tripe

in the last session, but Mr.edly intended for the purchase of Hamaguchi, as Minister of Finance, properties situated in countries that emphatically repudiated the accu-are now in a party revolutionary Calves' Head & Fest.. sation that the Government was at condition. In such cases what will Mutton Chop fault in its calculations, declaring be the position of the bondholders that the authorities had a sure basisir they do not have the direct and of calculation for working out the active protection of the United Agures..

States Government?

R BERE SORTËSOREENRE RÄENSORD+BABEERHEBONER

Sopt. 23, June, June,

Chicken Capone, Small

Capons, Large-

Jb.

Turkeys, Hon

Quail Partridges

Fruits.

anch

Cta. Ct. Cla

80 80

45 28.

50:28 30

40, 22 £1

por do 32. 18

36

¿§ 1 8888 | | | | | |

22 1

1926. 1918., 1914.

Cita. Otaj Ota.

1b.

34

31 23 1:2

12.

Duck

34

22

...Dover .**

28

18

"Eggs. Hen (cooking)

28

20- 18

Erga, Hen (fresh)

牛肉搬

34 24 24

新鮮雞爐

26

Fowls., Canton

1b. 76 30

45

85

40

20.

„Fowls, Hainan

Grado

56 36

F

50 24

Por sot 15

10 12

each 65

30

03

Pigeons, Canton

Follow"

白:

"each 60 30

35

28

Turkeys, Cock

$1.20

-$1.20

1b. 24

14

Snipe

火鶴公 火染醬

15.

}}

追

each

88

18

Phassant

pair

cách 12

1.2

15

12.

H

24

20

lb.

22

14.

kết 5229 3130 11.00

** lb. 48 23

¥

48

45

Almontie

✡

24

27

Apples California)

Per sot 8

12

Bananas: (bride's)

Feet

#1

4

1b.. 20

Carambolage

12

17

13

Fry

12

26

18

Coconuts,..

#aach' 13

10

Head

14

"

Heart

H

"20 ench 18,

Lemon China

樓

lb.

10

10

Lemons (America)

Kidneys

會出檸運 each

18

8

"

Licheos, Deled.

Ib.

Livar

1b. 48 30

Oranges (Canton)

Pork Chop

軑會甜穫

*

#*#

40

Oranger

w

Log

猪

40

H

Loin

猪槰TM

44

70

Pears (Canton) Peanuts

Fat or Lard... 猪油

24

70

Plantain

onch 14

*

Purȧelo, Sam

#

15

50

12

16

Walnuts

25

Grapes

* 15. 25 25

34 *20

22

18

55.

24

38

20

19

40

20

32

*

Log

"

Shouldar Saddle

The bonds Pig's Chitlings

Brains

*

Official "Falsification."

will, of course, constitute a lien The oficial assertion" however, upon properties which are physi has been glaringly falsified by cally situated abroad or they may events, for the increased revenue in be the debentures of a company Apell and May reached almost nominally formed in the Ualted Y10,000,000, and that during the states but whose assets are foreign] frat five months of the present land, mines and other properties..

What would be the attitude of Toreign Exchange and General Bank.fiscal year. that is up to Sep- ing business transacted.

tember, exceeded the figure given the Department of State if such Current Accounts opened and Fixed by the Government as the average properties should be subjected to a Doposita received for 1 year or shorter annual increase in subsequent heavy discriminating burden of periode at ratos which will be quoted years, namely. Y19,300,000. The Se-taxation sufficient to take all of the on application.

Or what Sheep's Head & Feat. par set 75 A. E. FERGUSON, yuhorto takes this miscalculation proat out of mining?

on the part of the Government to be would be the attitude of the De- a deliberate attempt to put increas-artment of State if the exporta- | Hongkong, 1st August; 1026.

ed taxation on the people, and the tion of the products of auch pro-

Liver " Author pital & 350,000 380 £12 500.000.

view is shid to be gaining ground parties were to be embargoed in Sucking Pigs, to order, Paid-Up Capitel 80,000,00 0,86,87 Heserve Fund... 217340 € 1.160,778 Special Iterve... 260889,90 THE BANK OF TAIWAN, LTD. among its members to attack the order to retain them at home for Suet, Reef

Government vigorously ob this the benefit of domestic industry- ground in the next session of the nut by any means an impossible Veal

or unusual situation as European countries are now going?

· Established. 1824 Hongkong Branch Established 1906.

HEAD OFFICE—Amęterdam. BASTERN HEAD OFFICE:-Batavia

BRANCHES:-

Bandjerta ain Bang

Calcutta

Dok jakarin

Kowa-Rajn

Padang

Penang

Botterda

inksporo

regul

Uberiban

The Hague

VÉ KOMEN (T

Parenlang

Pontlangk

Saran ang "Bogrnhau

Tip

Bombay

Tauber Kobe Medina: Pockitngan Hanvood Shanghai

Fekar:(Solo)

Waltevreden

LONDON BANKERS:-

National Provincial Bank, Ltd.

Correspondents all over the world.

BANKING BUSINESS OF EVERY

DESCRIPTION..

J. C. MAASSEN,

Acting Manager, Hongkong, 3rd August, 1926,

THE YOKOHAMA SPÈCIE BANK,

LIMITED.

Established 1880. Capital (fully paid-up) Yen 100,000,000 Reserve fund

Yon 89,500,000

Head Office:-YOKOHAMA,

Branches and Agencies ut:

Batavia. Bombay."

Buenos Ayres,

Calcutta. Canton.

Changchun.

Dairon (Dalny),

Newchwang.

New York;

Овака.

Peking

Rio Janeiro,

Fengtien (Mukden). San Francisco,,

Hamburg.

Hankow.

Harbin.

Honolulu.

Lai Tuan.* Karachi

Kobe

London.

Los Angeles.

Lyons

Kanila Nugmanki

Nagoya

Saigon, Seattle Semarang. Shimonoseki. Singapore. Soerabaya. Sydney.

Tientsin..

Tokyo.

Talnantu. Tsingtau. Vladivostock.

" เ

Interest allowed on Current Accorta. Deposits received for fixed periods at rates to be obtained on application.

C. ARIMA,

Manager. Hong Kong, 11th September, 1828,

Manager.

(TAIWAN GINKO.)

Incorporated by Special Imperial. Charter, 1899.

'Dict.

It was expected, according to the Asahi" that this matter would be

Capital Subscribed

Capital (Paid-up)

$

#

Heart...

Kidneys

There has been a great deal of Yen 45,000,000 discussed at a meeting of the Poli-worry about the "safety" of Ameri- Yen 80,876,000 tical Affairs Investigation Commit- can capital invested in Russia on Barbel HEAD OFFICE: Taipeh, Formosa.tee of the party on the 10th Instant account of the lack of diplomatic great

It is certain that the duties come relations between Russia and the from the pockets of the people and United States.

With how many Canton Trash |JAPAN:---Tokyo, Yokohama, Kobe, that they are not borne by the im- other Continental ** countries)

Detka.

Carp

BRANCHES:

Water Flah.

FORMOSA: Giran, Kag, Karenko, porters and thus an increase in the have we to-day satisfactory com- Catfish

Codfish Crabs

Keelung, Makong, Nanto, Shin- duties amounts to increased taxa-mercial treaties? chiku, Talchu, Tainan, Takao,tion. As always happens at each Even in the commercial treaty Tamsul, Toen, Holte, Talto. Juccessive increase of the duties, with Germany, agreed upon only CHINA Shangbai, Hankow, Amey, there has been an increase than a about a year ago, we made a spe- Cuttin Fish Foochow, Swatow, Canton. Freduction in the imports, probably eife reservation of authority to Dab OTHERS: Hongkong, Singapore,

Soerabaya, Semarang, Batavia, arising from the fact that the pro- favour our own ships and Germany Daco Bombay, London, New York, tection offered by the tariff enables demanded the same kind of power Dog Fish Calcutta.

home manufactures to turn

out of discrimination. Should she ap- Eels, Conger Japan has yet to ply such discrimination not to ship- poorer goods. fearn that she will never grow rich ping but to other forms of enter

And Frogs and prosperous by taxing imports.prige could we complain?

what could we may to countries Garoupa with which we have no commercial Gudgeon 3) Herrings arrangements whatever?

LONDON BANKERS: London County Westminster and Parr's 'Bank,

The Bank has Correspondenta in' the Oumgimayejul Contres, in the European Continent, Rusils, M

Pallippine Jolanda Jura, AtrioA, MO.

charta, Talglao, Japan, Indo-Caine, Biam, inalis

Jutarsat allowed on Current Acdonale, and fixed Dopoule at relax which will be quoted on applica

T. TAKAGI,

Manager.

HONGKONG BRANCH:

8, Des Vaux Road Contral. Hongkong, 7th May, 1928;

3

THE BANK OF CANTON, »

LIMITED.

Head Office-Hongkong.

ESTADLISUKD 1912,

Authorland Capital,

Paid Up Uvpilak .......... Bilver Reserve Fund

BRANQUES:~

£1,200,000 £1.BOLE

Carlos,, Bhanghai, Hankow, Swaḥow,

·Bangkok, New York and. Han Francisco, Correspondenta in all Principal cftion of the

World.

LONDON BANKKER!-

· This Ljoyd's Hani Llinked, ne

Every description of DARKING BAL

transted ***Sale Deport Bones in various alkus to be lek- Zfrom 15.00. to $10.00, yaarly,

LOOK POON SHAN,

Chief Manuger.

Hongkong, flat April ZODAY.

THE BANK OF CHINA.

行銀國中

Fresh Water

μ

Yellow

#K

****** 882 28 128228** 8888 11 1998A285 | 86 8 ❤⠀⠀ ***** |

-98 & PRA÷A**************A28888AANSPR

Persimmons, Large

Artichokes

Beans, Sprout

Beet Root...

金山興庫 燕山香藥

“荔枝干

15.

វគ៦១៦ ឆឆឆ ≡ គឺ - នី ឝ និ គឺ

*

.12

35

8

26

* 8 8 8 8 7 1 8 *** |

DUSHTR

ខ្លួន * ញ៉ន - អឺ ! ! ។®Y!}

15

10 -12

16

12

a

大

each 15

ib.

40. "

Vegetables, &c.

each

2b.

10.

Long

翻

each

Ib. 8

Brinjais, Green

Red

Cabbage, Chinezo

(Shanghai) -

Care Shoots, bunch

Cauliflower (Large) 大橙花

- pr

花許菜手

HENR

#

-⇓

12 20 16

10 8

10 €

12

Mutton

Saulagca

M

No T..

1

Fish.

ib. 20

24

21

18

Bitter Squash

32

18 16

U

30 10 27

"

92 12 ย

30

25

GO

28

24 18:

2.

each

80

23

16.

(Medium

24

д

16

**

:8

Carrota

(Small)" 椒轉榮花

***

ib,

6

+

10.

13

"

30

Celery, Chinese

**

10 10 8

}

32

18

Chillies, Dried

#

ZA

20 25

EB

30

Red

紅花

40

"

26

Стовп

76

M

80

Carry Stuff, Engliab

·架赠材料

20

15

Cucumbers

anch 8.

2

82

18

Garlic

10

-

82

18 23

Ginger, Young

10

#

..

80

22

18

149

10 10

55

24

each

5. 8.

80

32 21

Jb.

46

20

45 20

20

Lettaco

18

F

32 ,40

29

Water Chestnuts

10.

24

2

Mandarini ##

822 16

22

Mushrooms, Frash... # #

80

I

Okres

82 20 .15

Onions, Bombay

#.#

24

D

Green

85

1.28. 14

Shanghel

-40

45

20 20

Parsley

Potato, Sweet

"

21

80

60. .45

JEPADURO

日本程

10

10

14

American

24

19

Pumpkin

26

22

18

Radish

80

80 80

Rhubarb (Fresh)

12

10

Shallote

88 10

10

Splanch

70

26 85

Tomatoes

85 *82.

80

TATOS

28

28

22

18

Vegetable Marrow

18

12

Water Cross Lévai

Water Lily Boot:

The mere fact that our State Halbat Department has determined that Labros certain lcsues were for an economic Loach purpose would help our bondholders Lobsters $18.278,000.00 very little in such a case, while Mackeral

(Specially Authorised by Presidential Mandate of the Republic of China. ..on the 22nd of November, 1917). Authorised Capital $00,000,000.00 Paid-up Capital Reserve Fund

$9,829,428.24 possible absence of State Depart Monk Flak ment sanction in cases where for Mallet... eign bonds had boon called domestic Oysters

· HEAD OFFICE; PEKING.

HONGKONG BRANCH:

would probably relleve that depart Parrot Fish. ment from any sense of respon Perch albility whatever.

Pika -Pinion ...

Pomfret, Black

4, Queen's Road Central. Branches and Sub-branchos all over China and Correspondents in Europe, Our bondholders in any case America, and other parts of the world would have to take a chance under London Bankara:-The National Provin-

cial and Union Bank of England, Ltd. the legislation which might bo The Guaranty Trust Company of New adopted by the countries, in which

York

their properties were situated, New York Bankers:-The Erving there are not many Continental

National Bank

ER

尾肚 水

#*

#

*ES-FUNK VERS**LIEBEREKOFE

P**REECERNI

A

花密

Pomfret, White. Prawna

響感

Salmon Shark lcate

Bock Flah The Equitable Trust Company of New countries that are to-day very

York.

friendly toward this nation or its Investora. Interest allowed on Current Accountan

When are foreign bonds domes and Fixed Deposits. Terms applicatie? When do either kind enjoy tion.

Shrimps Every description of Banking. Basithe general protection of our au- noas transacted.

thorities at Washington? How far SKATE Loans granted on approved securities, are the rights of American Inves- Special facilities for Home Exchange. tors protected or even recognised in and

existing commercial, treaties?

TSUYEE PEL

Manager.

Boles

龙口

ג

40

י

Old

Horseradish, Shanghai.

Indian Cora

Turnips, Pant (Long)..

签

紅蔔