1927-07-19 — Page 2

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KONG KONG AND SHANGHAI BANKING CORPORATION.

Authorial Capital........... 860,000,000 Linnad and Fully Fald-up ....... $90,000,000 Barr'Funda

Blocking

Biver....

£8,000,0 ....$3,500,000

Beauty Liablity of Proprietora....$20,000,000

MEAD OFFICE: RONGKONG.

COURT OF DIRECTORS:--- Jos. Mr. D. Q. M. Bernard,

Chaiman,

A, 2. Compton, Kaq, Deputy Chairman.

W. B. Bell, E.

N. H. Brown Kay.

A. Slasgowan, Kaq.

AMUT

MANUKOK BATAVIA

THE BANK OF EAST ASIA, LTD.

HEAD OFFICE: HONG KONG.

10, Des Voeux Road Central, Hong Kong

Authorised Capital

Paid-up Capital

Reservé

.$10,000,000 6,000,000 1,200,000

BRANCHES AND AGENCIES:- Batavia Melbourne San Francisco

Bombay

Nagasaki

Scuttle

Calcutta

New York

Semarang

Canton

Deaka

Singapore

Haiphong

Paris

Sourabaya

Honolulu

Peking

Sydney

Kobe

Penang

Talneh

Kowloon

London

Rangoon Saigon

Tientsin Tokyo

W. L. Patterdam, Kant.

T, 17. Well, King,

H. F. White, Keq.

'Acting Chlat binusger. Hon. Mr. A, O. Hynes, BRANOMES:-

BOMBAY

ALOUTTA CANTON

UKEPOO

COLOMBO

DAISEN WOODHOW

BAIPHONG

BANSURA

BANKOW

ПАБВІН

BONDFEW

ILOILO

ПРОМ

JODORE

KOBE

ΠΟΔΙΑ

LUMPUB

LONDON

LYORS

MALAOCA

MASILA

MOURDEN

NAGASAKI

NEW YORK

PERING

PRSAND ILANOOON

ΒΑΣΘΟΝ

A PIANGLE

BUANOHA!

· SINGAPORE

SOURABAYA

SUNGEI PATANI

THENTHIN

TOKYO

THINGTAO

КОКОНАМА

Carrol Accouts opened in Local Currency and Fixed Deposits recalred for que gaar or skorter period in Local Currency and Atarling on terms which will beguntad on appliancIJA,

flong Hang, WM Dimy, 1927,

HONGKONG SAVINGS BANK.

The Basis of the above Bank de con- dtotal by Le HONGKONG AND HUANGILA! BANKING CORPORATION, tule may be obtained on application.

POR TUX HONGKONG BHANGMAL BANKING CORPORATION,

40. Буде Acting Oble! Bfasagor

Hongkong. Marul, 1927.

BANQUE DE L'INDO-CHINE.

HEAD OFFICE: ' to, Doulevard Haussman, Paris.

HEANCHES:

Subscribed Capital...rs.72,000,000.00 Paid-Up Capitel....Fra.68,400,000,00 Reserve Fund ......Fra.89,384,519.10

Bangkok · Hanoi Pondicherry Battambang Hong Kong Saigon

Shanghai Singapore Tientsin Tourane Yunnanfu

Cuttho

Mongtze

Canton Nam Dinh

Dijbouti Neumea

Fort-Bayard Papecte

Haiphong

Hanikow

Peking

Phom Penh

BANKERS:

IN FRANCE: Comptoir National d'Escompte de Paris; Credit Lyonnais; Banque de Paris et des Pays-Bas Credit Industriel et Commercial; Societo Generale.

IN LONDON: The National Pro- vincial & Unien Bank of England, Ltd.; : Comptoir National d'Escompte de Paris; Credit Lyonnais.

IN NEW YORK: J. P. Morgan & Co.; French American Banking Cor- poration; Guaranty Trust Co. of New York.

Interest allowed on Current Accounts and Fixed Deposits according to arrangements.

Every description of Banking and Exchange Business transacted. Safe Deposit Boxes to let.

CH. LEM,

Manager. Hong Kong, 26th February, 1927.

NEDERLANDSCHE HANDEL MAATSCHAPPIJ.

(NETHERLANDS TRADING SOCIETY)

BANKERB

Established 1924.

Hong Kong UM:-11 Queen's Bond Cantral

Authorized Capital .................... Gu¦liters 150.000,090 (£12,500,000 3 Fald-Up Capitale, Guildery 10,000,00

£5,666 (70) Beware Fund ................................................. Guildare 21,117,540- (£1.759,779.) Epecial Koastre danseman Guilders 23.600,509-

{2}

• Head Ofos:—AMSTERDAM'N Parton Head DB::—BATAVIA. BRANCHES

Manlio Shanghai

Correspondents in all principal cities of the world.

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

SAFE DEPOSIT BOXES to let.

KAN TONG PO,

Chief Manager.

Hong Kong, 21st March, 1027.

行銀商工法中

BANQUE FRANCO-CHINOISE

pour le

Commerce et L'Industrie (Incorporated in France).

5, Chater Road, Victoria, Hong Kong.

HEAD OFFICE: 74, Rue St. Lazare,

Paris.

THE CHINA MAIL.

COMMERCE

AND 1

FINANCE.

TUESDAY, JULY 19, 1927.

N.Y. RUBBER MARKET stocks of rubber bought at higher

prices.

Speculators have sold with the usual view that they would be able to cover at a profit.,.

SUBSTANTIAL BREAK IN

PRICES.

The following weekly review of the New York rubber market, dated New York June 10, has been

HONG KONG TIDE.

The tide-table given below has been obtained by ald of the Tide- predicting Machine, which in- cludes 40 components for the bet ter prediction of tides, from the result of the analysis of the tidal observations, taken. at the closes to-night Kaulung tidal observatory under

jing the years 1887, 1888, & 1889. The times and heights are given

The covering operations have made the decline very gradual, and on the week, the net difference is about 260 to 800 points, or 24-3 cents per lb.

The market

profit taking.

MANCHESTER TRADE DUNLOP RUBBER CO. received by Messra. J. E. Swan & slightly steadier. largely due to the direction of Dr. Dobarek duz-

ANXIOUS EYES ON CHINA.

LITTLE BUSINESS DONE.

heen closed down the whole of last week, there was very little activity on Change at the commencement of this week, the attendance being very poor, for some traders have

Co..

ALLIANCE BETWEEN BRITAIN. The rubber market this week hos

AND AUSTRALASIA.

There seems no reason to expect had a very substantial break in price reduction in standard quanty for Kaulung; but they may be tyres, unless the present course of prices and it can be attributed to the market is definitely downward. used for the Victoria Naval yard Melbourne, July 18.

We are inclined to believe that the and Aberdeen, the differences The Dunlop Rubber Company number of uncertainties.

British will take no Immediate being very small, Messrs. James F. Hutton's Man-of Australasia has announced

In the first place, the fear of

The times of high-and low- action in connection with restric- chester market report for

general tyre price reduction, the that it has entered into a pro- week ended June 15 states:-

visional agreement with the Dun-secondly, persistent rumours that tion, and in any event, we prefer water must not be considered to to await further news from the coincide with the times of slack. The majority of firms having lop Rubber Company of England the British will abandon restric| East as to the shipping situation water and change of current, the

providing for a financial association, thirdly, the reports of unem- before recommending operations.

two phenomena tion of the closest nature and a low up in motor car manufac ployment in Detroit,, Indicating a

London Stocks.

distinct. technical and commercial alliance ture.

On June 9, transactions on the Rubber Exchange totalled 1,667 of the two companies.

lots (4, 167%1⁄2 tons), the greatest daily activity in the history of the Exchange. The previous record An interesting feature was the was 1,329 lots on May 25, 1926. A of execution of some orders on the significant feature of the day, con-

aldering the volume of the trading, es 19 m a Exchange for the account of tyre was the narrowness of fluctuations, wd. 10m 2 dealers, who apparently were

maximum the

range being 70 stock of tyres hedging their

points. against a price cut in the future.

The London stocks on June 3 amounted to 67,103 tons, a slight Fel. Increase over the previous week. It is estimated that there will be Sat very little change this week.

All of these causes culminated in not yet returned to business, whilst The arrangement involves the a general selling movement, both others are too busy coping with the sale to the English Company of on the part of holders and "hear" accumulation of mails and tele 500,000 shares at 25 shillings operators. grams. Raw material prices have with a call on an additional had an upward tendency owing to 500,000

period 4 the reports of the weather condi- four years at 30 shillings.

Reuter.

tiona in the Cotton Belt. Demand does not yet seem to have improved, distrust in prices still being the chief obstacle.

It is very encouraging to see from the Board of Trade returns for May that although not equalling those of the corresponding period Capital fully paid up....Frs.40,000,000 last year in value, the square yard- Special working capital ..Fre.50,000,000 age of Picce Goods exported, shows Reserves

..Frs.13,276,000 increase of some 10,000,000

square yards.

Paris

Saigon Peking

BRANCHES: Lyons Marseilles Haphong Hanoi Shanghai Tientsin Hongkong Faon Penh

BANKERS: FRANCE:-Societe Generale, Banque Nationale de Credit, Banque de Paris et des Pays Bas. LONDON:-Midland Bank Ltd. NEW YORK: Irving Bank Columbia

Trust Co.

Enquiry is still rather volumin- bus, whilst offers continue very low. What business has been done is composed of small orders in mis- cellaneous styles.

The situation in China is being keenly watched here for something that will give a favourable aspect to trade. What is chiedy in the minds of merchants at present is how soon a stable government will be established, whether it be of the North or of the South, or a com- Every description of Banking and bination of the two, is of no conse

Cor-quence so long as it will last for Exchange Business Transacted.

a few years, and give justification respondents throughout the world.

för á feeling of confidence that has A. ROLLIN,

Manager.

been missing for some time. Hong Kong, 21st April, 1927.

It has now been recognised, even by those who have no dealings with this market. that the cotton trade can never recover its old freedom of production, until the China situation is settled, and that coun- try settles down business.

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA. Incorporated by Royal Chater, 1853. HEAD OFFICE: LONDON, Paid-up Capital Reserve Fund Reserve Liability of Proprie

tor

£3,000,000 £4,000,000) £3,000,000

Agencies and Branches:

MADHAN

(Malay Stalus)

MANILA

ALOH BTAK

AMITHAI

ВАМОКОН HATAYIA BUNKAY JALOUTTA

CANTON CAWNPURE СКБО COLOMBO DELHI HAIPHONG HAMBURG HANKOW

TONGKONG ILOILO 1YOU

KAHADE

KLANG

KUBK

KUALA KANGSAR

Perak, (P.M..)

KUALA LUSIPUL KOLMING

SIEDAN NEW YORK PRXING PENANU PESHAWAR FURST RANUUON SAIGON NEMABANU SEREMBAN

BASUHAI SINGAPORE

NOURABAYA

TAIPING (7.3.8.) TAVOY TIENTSIN

TOKYO TSINGTAO YOKOHAMA ZAMBUANGA

(Philippine land)

Foreign Exchange and General Bank ing business transacted.

Current Accounts opened and Fixed: Deposits received for 1 year or ahurter periods at rates which will be quoted on application.

J. R. GEORGE,

Manager. Hong Kong, 7th March, 1927.

THE BANK OF TAIWAN, LTD. (TAIWAN GINKO).

Incorporated by Special Imperial Charter, 1899.

Capital Subscribed..... Yen 45,000,000

Bandjarmasin, Dandong"), Bom bay, Calcutta Cheribes, Bled. Capital (Poid-up) ......Yen 39,975,000

dző, Djember, Pjekjakarta), flie

Kota-adja Hogan), Habe, Hakmarr Mlax Pag Palembang, Pekalongan, Penang. Pontianak, Hangoon, Batteriam), Bamarang, Shanghai, bolg

Boersbaix, Hoera karta (Vila), Tegal, Tjilatjap and WalterraðDR.*)" 'The48 Os have safe deposit Suzan to fas. London Banker/--National Provincial Bank Zul, Correspondante all over the world

Banking, boalasam of every

description transacted."

Q. STEINSTUA

-Manager,

THE YOKOHAMA SPECIE BANK,

LIMITED.

Established 1880..

Capital (fully paid-up) Yen 100,000,000 Yen 92,500,000 Reserve fund

Head Oce-YOKOHAMA,

Branches and Agencies at: Alexandria,

Batavia,

Bombay. Buenos Ayres. Calcutta.

Canton.

Changchun, Dairen (Dalny). Fengtien (Mukden).

Hamburg, Hankow. Harbin. Hong Kong. Honolulu, Kal Yuen, Karachi.

Kobe.

Lendor.

Los Angeles,

Lyonn.

Manita. Nagasaki.

Nagoya,

Newchwang, New York. Osaka. Peking. Rangoon. Rio de Janeiro. Saigon. San Francisco. Scattle. Semarang. Shanghai Shimanoscki. Singapore.. Seerabaya. Sydney, Tientsin. Tokyo.

Teinantu. Taingiau. Vladivostok.

(Temporarily closed).

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

once more

A little has been done for Sin- gapore in finished goods, and there has been an increase in business for Egypt, sufficient to give hope that better things will be forthcom- ing unless the political situation becomes a hindrance.

Nothing worthy of comment has occurred in the other outlets, but a slight improvement is apparent in the Home Trade and Continental markets. Yarn prices remain firm.

HANKOW TRADE.

Power

NATIONALIST PAPER MONEY DECLINES.

The British Chamber of Cem- merce at Hankow makes the fol- lowing report on trade conditions of the port for the week ended

June 29:

has fallen

Finance and General:-National- ist paper currency further during the week and Tla. 142 (paper) is quoted to-day for Shanghai Tls. 100.

As regards, rice the situation would seem to be easier,

for

EAST RAND MINES.

BENEFITS OF CINDERELLA FUSION.

"GREAT AND BRILLIANT FUTURE.

Presiding at the thirty-first or- dinary general meeting of the East Rand Proprietary Mines in Johan- nesburg at the end of last month, Mr. Raleigh summarised the affect of the acquisition of the mining property and assets of the Cin- derella Consolidated Gold Mine by the Company and the consequent reconstruction of its capital,

Selling Against Stocks, Operators in foreign markets have also availed themselves of the facilities offered on the Exchange, by selling against stocks in the absence of consumera' ordera.

Manufacturers have sold against

July i Times

Times

being quite

July 19 to 25, 1927.

DATE HIOK WATAE 1. LOWER WATER

Standard

Bt. tardard

134.25 19 2.9 427.11

7 98 [44] m_6–25. | 3,0 6.4 81 L.B 4.67 12.1 B.B 9 7.0 1944 3.0

07 2.5

Thurs 2 m 7 55 2 293 18 m 3

་

13 m444 8.5 m 11 23 2.5

$ 34. 14m 5 39 6.0

10 48 & 2.9

2145 = 1.8

7 46 4.3

Tea (4.1 |

11 34 a 19,3

1 44

1.3

The arrivals at New York from San. June 1 to June 10 are estimated at Mon. 25 mi 10,500 tons."

HONG KONG MARKET PRODUCE.

.Breast

Soup

APPROXIMATE

Butcher Meat.

Steak

Steak Sirloin Sausager

The benefits In East Rand share- holders he said, were the acquisi- tion of the Cinderella ore reserves, Boef Sirloin its 2,081 intnet claims, and an addi- tional £462,100 of new working capital available for development. During the year, development work accounted for 1,006,000 tons value 6.7 dwts., in addition to 177,400 tons developed in the Cinderella The Mines valued at 7.3 dwts. ore reserves totalling 2,083,600 tons value 6.5 dwts. over 61 inches doj not include G13,000 tons ore serves on the Cinderella property when that mine was closed down. Of 1,919,000 tons developed by the Company during 1926, 1,183,598 tonk, or 62 per cent.. was payable. the percentage of payability in the western area being as high as 81 per cent

总‘午肉

July 14, June, June,

RETAIL PRICES.

Poultry.

Capans, Largo

Eggs, Hen (cooking)..

新鮮鵝蛋

1927. 1918. 1914.

Cts. Ct. Ces.

4 RT

Ib.

24 12

Chicken

Prime Cut Corned

28 .23 12

Capons, Smail

—

23 12

Roast

24 22

Duck

24 20

Doves

26 20 18

28 24

Eggs, Hen (Fresh)

40 30 95

Fowls, Canton

Fowls, Hainan

re--

per set 15

Geese

Tongue, fresh..

each 65 50 60

Pigeons, Canton

Tongue, corned

Read

Heart

" $1.20

Ib.

24. 13 14

Hothow Turkeys, Cock Turkeys, Hen

Hump, Salt

34 20 18

Snipe

Feet

Kidneys

Tail

Liver

Tripe

Bullock's Brains

Leg

Shoulder Saddle

The chairman stated that, con- sequent upon the Company's finances having beer placed on a sound footing, the hard would Calves' Head & Fect.. shortly reconsider the whole ques-Mutton Chop tion of the development programme 카 with the intention of still further improving the ore reserves and ren- dering available to shareholders & Pig's Chitlings large proportion of future profits.

chairman conclusion the stated that he hoped shareholders would agree that the position was satisfactory and general prospects encouraging. He considered there was real justification for the share- holders taking a decidedly hopeful view of the future.

Braina

Feet Fry #

Head

Heart

Pork Chop

-$1.20

each .8 10 12

15 18 12

Pheasant

Qual! Partridges

能

28 20

24 18

в 7

↑

set $1.20 $1.00 $1,00

lb. 46 26

Almonds

TEX

口鄉

E STUURA #IACEAER

Fruits.

July 14, June, June, 1927. 1918. 1914. Ct. Cts.

Cts.

per doz. 30

.36

each 80

ཞེལ མ འཚོལ མá ང་ ཐམTཏྲྰཾ -

each

888918929989111}}}

杏仁

Apples (California)

Bananas (bride's)

金山炸麻燕山藥

#8 # ย

# +

Ib.

Lemons (America)...

Lichees, Dried ...

48 24

詐

44 24

For set 5

Carambola

lb.

Cocoanuts

Lemons, China

豬

10 cách 15

Kidneys

10 3

Liver ....

lb.

224

猪排

Oranges (Canton)

36 25 23

Oranges

Pears (Canton) Pennuts

per set 85

each 12

12 10

26 25

lb.

20 18

20 19

20 20

$ $ &

. 中羊仔

BBBBBBBBBBBE*******&&

Leg

Loin

Fat or Lard....#

Sir George Albu, in neconding the chairman's motion for the adop- tion of the report and accounts, said it was one of the largest con- cerns not only on the Hand but in Sheep's Hend & Feet.. the world, and that an energetic development acheme should bring the mine back to its former stand-

ཌན

Heart

Kidneys

Liver

The pickets of the Generaling. He assured shareholders that Sucking Pigs, to order.

Labour Union have been disarmed.

There have not been any incidents of outstanding importance trade is at a standstill.

and

Wondoil is quoted at Shanghai Tis 32-and alternatively at Han- kow paper Tls, 43-per plcul for

Arrivals prompt delivery. stocks both continue light..

Gallnuts are quoted at Shanghai Tis. 17 and Fla. 18 respectively for ordinary and plum shaped.

HEAD OFFICE: Taipeh, Formosa.

There are no supplies of sesamum BRANCHES: JAPAN:-Tokyo,

seed available and very small sup- Yokohama, Kobe,plies of any other commodity. Osaka. FORMOSA: Giran, Kogi, Karenko, Kenlung. Makong, Nanto, Shin- chiku, Taichu, Tainan, Takas. Tamsul, Toen, Hello, Taito.

Foochow, Swatow, Canton.

K.M.A. OUTPUT.

CHINA: Shanghai, Hankow, Amoy, The local agents of the Kailan mining Administration's mines for OTHERS: Hong Kong, Singapore, the week ended June 25, amounted to 99,989 tons, and the Sales during the period to 93,571 tons.

Soerabaya, Semarang, Bombay, London,

Calcutta,

New

Batavia, York,

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

The Bank has Correspondente in the Commercial

THE BANK OF CHINA. 行銀國中

Centros ls the Europout Content, Rusin, Mix (Specfully Authorised by Presidential

elrada, Taington, Japan, budistama, dam, "Ludin,

| Peiliging Knulle, Fans' Africa, de,

Interest allowed armat Accountan Fixed Deposits ut enter winch will be quoted on Appllection.

T. TAKAGI .

Manager.

HONG KONG BRANCH;

3, Des Voeux Road Central. Hong Kong, 7th May, 1926,

THE BANK OF CANTON, LTD.

Established 1912.

Head Offen-Hong Kong.

Anthuried Capital (K.K. Durrancy), 11,000,000 1,644,200 860,000 BRANCHES 1–

lankow, Bwatów. Bangkok, New York and dao Francisco,

Paid Up Capital Reserve Fund................

Canton, Mangal,

LONDON HANKERS :-

The Lloyd's Bank Llallad,

CORRESPONDENTS

In all principal elites of the World

Forlan exchange and haniding Emalness of

avery description transacted.

Sale Tepoilt Dosan ((variɑta ataon) as a yearly

rental of from 65 to 910,

H. MORI,

Manager. Hong Kong, 11th March, 1927.

LOOK POONG SHAN,

Chief Manager. ' Hong Kong, 10th February, 1927.

Mandate of the Republic of China on the 22nd of November, 1917).

Authorised Capital

Paid-up Capital Reserve Fund

HEAD OFFICE: PEKING.

this would be carried out, in fact Suet, Beef

a record of 7,000 feet would be accomplished. He had con- fidence in the future of the con- which had prospects of a cern, great and brilliant future.

Home Comment,

Canton Fresh Water Fish.

The "Financial Times" comment- Ing upon the meeting in a leading | Barbel article says:-

Breaz "As the result of the recent absorption of the Cinderella Con- solidated area, the company may fairly he said to have renewed its Carp youth, and to have, with reason-Catfish able luck, considerably more than Codish 50 years of life still in prospect. Crabs

the Under

reorganisation the

Cuttle Fish nominal capital has been drasti-

Dab cally reduced to £1,500,000, which

Date must represent amongst the lowest

any of the Dog Fish averages per claim leading mines on the Rand-while Eels, Conger

Fresh Water ample fresh working capital, has been provided for the carrying out

Yellow

of an intensive scheme of develop-Frogs ment such as had for a good many Garoupa years past not been feasible.

Gudgeon

"When Sir George Albu-one of

***

REE

1b.

គ.គ ៖ ម ៩ ត គ ន គ 25 à ៩ ៩៩៩ ៩៧២ គឺ

Plantain

Persimmons, Large

Pumelo, Slam

Wainots

Grapes

Artichokes Beans, Sprout

Long

Beet Root

each 12

福康

金山檸線 each

# # *

ib,

新會甜橙

each 20

lb.

**30*21-88 |

៩៩ ៩៥៨ ! ន

៩ ន ន ន ន ន ៥

៖ ទី៩ | ផ | | |

đ| { }± | | |

ཞཱཡྻཙྪཱ ཡ ུ||:| 22ཋ སྐ|

;

};| | །2=ཥྞg {༄།སྐྱུ | |

།

Vegetables, &c.

each

lb.

each 2 8 8

lb.

Bitter Squash

Brinjals, Green

Red

Cabbage, Chinese ..... (Shanghai).

Cane Shoots, bunch...

Cauliflower (Large) ..

Caillies, Dried

Red

Green....

Curry Stuff, English

cach

(Small)

(Medium). #

大攤榮花

Carrots

未挪榮花

ib.

20 6

Celery, 'Chinese

***

辣椒學

20 25

10 10

10 8

架屬材料

10 8

10 })

FECB11EBEK 22EKETESTLER* ***5# BGBGCCIE* #

Veal

Mutton

.. Sausages

No. 1..

Fish.

屁

ま

手墉您省城淡,

- 30

23.

12 10

10.

Cucumbers

Garlic

Ginger, Young

35, 28

Shanghai

上海西街

0 B

36 · 28

Parsley

40 60' 8

40 80

Potato; Sweet

12.10

8 10

10.10

20 85

Shallota Spinach Tomatoes

70 32

the few pioneers of the Rand left Herrings

to us-hints at the East End Pro- Fallbut

prietary being gradually restored Labras to its former standing, it is per- Loach -$80,000,000.00 | missible to recall that at least two Lobsters 18,278,600,00 pre-war years (1909 and 1910) net Mackerel

9,629,425.24

profts crossed £1,200,000 and divi-Monk Fish dends were paid of 40 per cent, Mullet per annum on a considerably larger Oysters capital than the present. Although Parrot Fish "HONG KONG BRANCH:

costs were lower than they are 4, Queen's Road Central.

now, yet the grade of ore treated Branches and Sub-branches all over China and Correspondents in Europe, was only 6% to 7 dwta, gold per America, and other parts of the world ton, against an average value for

London Bankers: The National Pro- the existing ore reserves of 6.2 2/3 Fomfret, Black vincial and Union Bank of England. | dwts. Under post-war conditions Pomfret, White

the mine has never hitherto had

Ltd.

Perch

Pika Plaice

Prawns

The Guaranty Trust Company of fair chance, and last year was the Ray Now York.

New York Bankers:-The Irving first since 1921, when the yield of Hock Fish

gold just managed to cross 5 dwts: Rozch National Bank.

The Equitable Trust Company of per ton. With a record rate Salmon Now York.

development now in progress, and Intarent allowed on Current Accounts assuming that no more than last Shark and Fixed Deposits. Terms on applica- year's good percentage of pay-Skate

Every description of Banking Bustability is maintained, there is no Shrimps reason why the ore reserve should Snapper not rapidly be bulit up to total Soles. Justifying the treatment of 6 to 61% Tench dwts, ore, which would permit of Turbot substantial dividends."

tion.

ness transacted.

Loans granted on approved securities Special facilities for Home Exchange.

Manager,

SHOU J. CHEN,

Turtles, amall, fr. water

魚沙薄5 傅暮班白甲花蝦魚魚魚星芒維聽緻公彖鮪魚魚魚魚魚公

KEEKABQOSEKCEOKIROBREGOSHQONÈSSAENUE

花班

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28 45

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28 18

-$140 --40

Old

Horseradish, Shanghai.

Indian Corn Lettuse Water Chestnuts

Mandarin. # Mushrooms, Fresh Okroes Onions, Bombay

Green

生、甘草

洋感

Pumpkin

Radish

Japanese ....

American

Rhubarb (Fresh)

日本集

金山裏

Taros...

Turnips, Panti (Long).

Vegetable Marrow)

Water: Cress La -Water Lily Root

נן

群

紅版營

BOEK

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1927-07-19 — Page 2

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Private Research Note