1927-07-29 — Page 2

China Mail 德臣西報 中國郵報 All

HONG KONG AND SHANGHAI THE BANK OF EAST ASIA, LTD.

BANKING CORPORATION.

Authorised Cepļial....

Emennt mach Pully Paid-up.

Kasive Pandil ¿--'

Stocking semaph

1 $80,000,000

... $20,000,000

£$,906,200

Miser.........$13,600,000

Maserre Ladily of Xroprietari. » $20,000,000

HEAD OFFICX) MONOXONG.

COUNT OF DIRECTORA:-

Hon. Mr. D. Q. 26. Beard,

China,

A. B. Compton, Kiq. Deputy Chairman.

W. 11. Ball, Ray-

N, H. Brown Raq,

4. Megaman, Itaja

13. H. Maklo, 15m.

AMOY

BANGKOK GATAVIA

SOMBAY

w... Palienden,

T. G. Vozil, Ko 1. P. White, Kaq.

Art Unlef Mnmar.

How Mr. A. d. llynus. BRANCHER:-

LAINDON LYUNG

HEAD OFFICE: HONG KONG,

10, Den Voeux Road Central, Hong Kong!

Authorised Capital

Paid-Up Capital

Reserve KK

Batavia

...$10,000,000

5,000,000 1,200,000

BRANCHES AND AGENCIES:-

Melbourne San Francisco

Bombay Nagasaki Seattle

New York Semarang ,'Osaka

Calcutta Canton

Singapore

Halphong

Paris

Sourabaya

Honolulu

Peking

Sydney

Kobe

Penang

Taipeh

Kowloon

Rangoon

Tientsin

Saigon

Tokyo

Shanghai

London K-Manila

Correspondents in all principal citis of the world.

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

SAFE DEPOSIT BOXES to let

Chief Manager."

Hong Kong, 21st March, 1927.

MALACCA

MANILA

ALOUTTA

MUUKDEN

RAGASAKI

NEW YORK

行跟商工法中

PKKING

SANTON

CHEFOC

COLOMBO

DAIREM

FOOCHOW

HAIPHONG

HAMBUNG

HANKOW

HARMIN

HOXUKSW

FLOILO

IPOH

JOHORE

Ковк

ETALA

LUMPUR

1

PINAKO

BANDOON

RAKON

SHANGHAI

SAN FRANCISCO

BINGAPORE

BOUBABAYA

SURORI PATANI

TIENTSIN

TOKYO

TSINGTAD

YOKOHAMA

Current Locounte open! in Local Currency and Fixed Deporta racefred for one year of aborter perioli ka Local Currency and sterling on tarina which will be quote on application,

Hong Kong, th July, 1927,

HONGKONG SAVINGS BANK.

The Business of the abera: Bank in' coa dected by the HONGKONG AND HUANGILAL BANKING CORPORATION, Ratos may be obtained on application,

PUB THE BONGKONG & LANGUAI, BANKING CORPOILATION,

A. 0. Fyzes

Acting Chief Kinongue

Hongkong, th March, 1927.

BANQUE DE L'INDO-CHINE.

HEAD OFFICE:

96, Boulevard Hausman, Paris.

Subscribed Capital

.Frs.72,000,000.00 Fra.68,400,000,00 Fra 89,384,519.10

Battambang Hong Kong Saigon

Paid-Up Capital

Reserve Fund

BRANCHES:

Bangkok Hanoi

Pondicherry

Canthe

Mengtzo

Canton

Nam-Dink

Dijbouti Noumen

Haiphong

Fort-Bayard Papeete

Shanghai Singapore

Tientsin

Tourane

BANQUE FRANCO-CHINOISE

pour le

Commerce et L'Industrie (Incorporated in France).

THE CHINA MAIL

COMMERCE

COLONIAL WOOL. GREATLY INCREASED SUPPLIES

ABSORBED.

SMALL PRICE FLUCTUATION.

Messrs, Charles Balme & Co., reviewing Colonial Wool in 1926,

Say:--

AND

FINANCE.

ment.

FRIDAY, JULY 29, 1927.

HONG KONG TIDE.

mated at $4,000 tons. This is only apply the Order instantly it will 1,000 tons less than the actual tan- | involvo a very great loss to a large nage consumed in April.

number of British traders with Price records on the Rubber Ex-baskets outstanding in France.

The tido-table given below has change for May show only alight Action has been taken through the been cbtained by aid of the Tide- deviations during the period for representative of the French ex- predicting Machine, which in- any position. During the second porters in Britain, And they cludes 40 components for the bet- and third weeks the high and low are holding up a great many con- ter prediction of tides, from the range disappeared.

Another market factor finds that signments at the ports of ship-result of the analysis of the tidal observations, taken at the manufacturers are practically un-

Kaulung tidal observatory under concerned regarding price changes

the direction of Dr. Doberck dur in the market while supplies are plentiful. Those who take a more

ing the years 1887, 1888, & 1889,

The times and heights are given. appears likely, therefore, that the extended view of the future are ac- amount of wool grown in the cumulating stocka as a reserve in

for Kaulung; but they may be principal exporting countries will anticipation of the effect of the re-

used for the Victoria Naval yard: be about the same as in the pre-strictions to advance prices further

and Aberdeen, the differences vious season, but shipments will in the near future.

being very small. show a great falling-off, as there

from last year. are no old soocks carried forward

in the size of the clips, from South Africa or South America.

is

It

FRENCH CHERRIES.

IMPORTATION TO BE PROHIBITED.

In the House of Commons Liaut

replying to

said that

British Fruit.

Kenworth Lieut.-Commander (Lab-Soc., Hull, Central): This action was, taken last year also, and caused great inconvenience in Hull. Why was not lenger notice given to British importers who will

bear the loss.

Lieut.-Colonel Guinness: We

The times of high-and lotte could not give notice of our in- tention to prohibit the importation water must not be considered to coincide with the times of slack- of cherries before we reached a decision. We hoped the machin-water and change of current, the being quite ery which has been set up by the two phenomena French Government to examine distinct. cherries at their ports, and not to

sanction the export of infected

Sir cherries, would prove effective.

Mr. Greenall (Lab.-Soc, Farn- the examination of worth): Has the action of the Bri- connection

July 29 to August 4, 1927.

DATI HIGH WATER | LOWER WATER

July

Standard At derd

Times

9 12 7.5 11 10 4.1

Times

Eb.

3.2

42904

m 3 11

11 Bln 4.2

540.8

France as Consumer. In view of the adverse con-

Prospects for 1927 are favour- ditions with which trade in Europe has had to contend, the able. While no doubt it will take aa long time for this country to year which has just come to close must be considered satisfac- recover from the prolonged cont tory to wool growers. The out-strike, there are already signs of Colonel W. Guinness (Minister of standing feature has been the improvement in industry, and Agriculture), way in which the greatly-increas- if there are no serious labour Granville Wheler (U., Faversham), ed supplies of raw material have troubles manufacturers should samples of French cherries taken tish Government in been absorbed without any con- have a more prosperous time. In in the markets by the inspectors with cherries anything to do with FL 10 siderable fluctuations in value. France the position of wool users of the Ministry revealed the pre- the action of the French Govern-

atill difficult, and they sence of heavy infestation of them ment in connection with the im- | Sat. 30 m 9 6, 7.4 The year opened with prices on a

to curtai 1 their by large and active maggots. He portation of coal. (Laughter, and likely

| San. 31 m 10 85 7.1 m 3 19 | 3.0° until more is had decided that the importation cries of "Answer.") moderate level, and at first there seem

Lieut.-Colonel Guinness:

5 38 Our

| 138. future of raw cherries grown in France appeared some prospect of better operations

about the

Mon. 1m @ 2! 2 四 4339.1 reason action is entirely on the grounds

m 11 3,67 trade for manufacturers in this known

of the reputation of British cher-Tes 8 m 051 4.9m 6 1 3.2 6 33 1.9 given. country, but all hopes of a gen-policy of the stabilisation of the must be stopped for the

Sir Granville Wheler asked if theries, which will shortly be coming

m-11 37.2 $ 481.6 eral improvement were dispelled franc; in any ca.., they will pro

1234.4 m Capital fully paid up....Fra.40,000,000 by the strikes which begun in bubly lose the advantage over Special working capital.. Frs.50,000,000 April, and for the rest of the year their competitors which they have so long derived from depreciated .Fr8.13,270,000 the industry was carried on un-

currency, but the limited extent der difficult conditions.

of their purchases of late during the height of the Australian seil- ing season will leave a gap in their stocks which may' force them into the market later on when supplies are less plentiful.

Yunnanfa Peking

Hankow Prom-Perh

BANKERS:

IN FRANCE: Comptoir National d'Escompte de Paris; Credit Lyonnais; Banque Paris et des Paya-Ban; Credit Industriel et Commercial; Societe Generale.

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

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 Deposita 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)

BANKERS

Established 1851.

Hong Kong Unice :—11 Queen's Road Central

Authorised Capital

Pald-Up Capital

Users Fund...

Special Knurr

Guilders 150.300,000

(£1,000) Gulldors 80,000,000

(£5,860) Oulders 117,360- (15.75427714) Guilders 2250)

(ELİBN)

Hord moe:-AMSTERDAMS Eastern Heaa ofior:~HATAVIA. BRANCHES ---Bundlerheit, Baloung), Bow-

bay, Calcutta, Cherihus, D

dad, Disuber, Djakjaktais,

MAVAMAT

Kobe

Медал

Hangon,

The

Padang Pensag

Falera bark, Fekainare Kamarantanngira dibol

(Mumatra), Booral door karta Boto), Tega

and Welleredo)

The office vo safe deposit boxon to let London Banks-National Provincial Bank total, Cortexponents all over the world Banking business of avery descriptios trazacto

9. STEENSTVA

THE YOKOHAMA SPECIE BANK,

it

LIMITED.

Establlaked 1889..

Capital (fully pald-up) Yen 100,000,000 Reserve fund ......

Yen 92,500,000

Hoad Office:-YOKOHAMA, Branches and Agencies at: Alexandria... Batavia Bombay. Buenos Ayres: Calcutta,

Canton.

Changchun.

Dairen (Dalny);

Newchwang New York.

Osaka. Peking. Rangoon. Rio de Jansiro. Saigon, nn! San Francisco.

Fengtien (Mukder). Seattle.

Hamburg.

Harbin,

Hankow.

Hong Kong.

Honolulu.

Kal Yuen

Kobe

Entachi,

London.

5. Chater Road, Victoria, Hong Kong, HEAD OFFICE: 74, Rue St. Lazare, Paris.

Reserves

Paris

Saigon Peking

BRANCHES:

Lyons Marseilles Haiphong Hanci Shanghai Tientsin Hongkong Paon Penh

BANKERS:

FRANCE: Societe Generale, Banque Nationale de Credit, Banque do Paris et des Pays Bas. LONDON:-Midland Bank Ltd.

NEW YORK: Irving Bank Columbia

Trust Co.

In France latterly the effects of the policy of deflation adopted have been felt, and there are now signs of a restriction of output in the industrial districts. Early in the year considerable difficulty

on the market, and also with a Wed. view of preventing any possibility

6.03,3-

Minister could not expedite the Or- der, as these cherries had been coming in for the last few days. of infecting our British cherry or Thun m−4-364,5 m € 82 134.5

Lieat-Colonel Guinness: If we chards. Ministerial cheers).

HONG KONG MARKET

0 125) 7 7. 13.0

04% 3.2 A 2. 12.4

PRODUCE.

APPROXIMATE RETAIL PRICES.

Butcher Meat.

July 21, June, Juno,

1927. 1918, 1914.

German Demand. experienced in Central was

The requirements of Germany Europe in obtaining credits for purchasing the raw material are increasing, and we can expect which was urgently needed, but a steady demand from that coun- later there was u market re-try for both wool and partly- covery in German trade, and this manufactured goods. So far, the Car-section has been an important wool trade has not participated in Beef Sirloin

the general prosperity of the factor in the wool market during United States of America, but the last six months,

there is always a possibility of

Breast that section taking a more pro-

Soup

Every description of Banking and Exchange Business Transacted. respondents throughout the world.

A. ROLLIN,

Manager. Hong Kong, 21st April, 1927.

Semarang. Shanghai. Shimono kl. Singapore. Soerabuya Sydney. Tientsin. Tokyo. Talnanfu. Tsingtau. Vladivostok Manila.

(Temporarily Nagasaki.

closed). Nagoya, NIVO, PASIT, 1

Interest allowed on Current Accounts. Deposita received for axed periods at rates to be obtained on application.

Los Angeles.

Lyons.

HMORI

Hog Boing, ith braith, 1997.

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA, Incorporated by Royal Chater, 1863.

£3,000,000 $4,000,000

HEAD OFFICE: LONDON. Paid-up Capital Reserve Fund Reserve Liability of Propriu-

tora

ALUR STAN

Star Hunte

.£3,000,000

Agencies and Branches:

MARRAS MANILA MEDAN NEW YORK ΕΚΚΙΝΗ PENANG PEJUAWAN FURET RANGOON SAIGON

AMBITSAR BANGOR BATAVIA BOMBAY CALCUTTA CANTON CARNPORE CKLU COLUMBO. DELHI HAIPHONG MAMBURU BANKOW UONG KONG

TLOILO

10

KARACHI

KLANO

ΚΟΥΚ

KUALA KANGSAR

KUALA LUMPLE KUCHING

SEMARANG BEREMBAN SHANGHAI SINGAPORE SOURARA YA TAIPING

DAM.9.) TAYUY TIENDAN TOKYO

EXINGTAO

YOKOHAMA ZAMBOANGA

(lippme Lams)

Foreign Exchange and Generat Bank- ing business tranacted.

Current Accounts opened and Fixed Deposits received for 1 year or shorter 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 46,000,000 Capita! (Paid-up) ...... Yen 39,875,000

HEAD OFFICE:-Taipah, Formosa.

BRANCHES:

available, it seems probable that

#

Cla. Cts. Ct.

Ib. 28 26 12

Capons, Small

4 R

Chicken

Prime Cat

.

1

28 23 12.

1

Corned

23 12

FT

Capons, Large

TF

Roast

23

24

22

Duck.

+

24 20 18

Doves

"

カラ

20 20 18

1

M

15

Steak Sirloin ... Sausages..........

ti

28 24 22

40 90 36

per set 16

40 26 20

10 each 65 60 60

12

Tongue, corned

30

Head Heart

$1.20

-$1.20

Hump, Salt..

ib, 24

13 14

34

20 18

Feet

A

Kidneys

Tail

Liver

"

Tripe

values of merinos will not show Bullock's Brains ......

质 on there is a fair much change early in the year,

while later

prospect of higher prices. Medium and coarse crossbreds appear cheap compared with finer wools,

Tongue, fresh..

Million Bales More. During 1923 the arrivals of wool in the various manufacturminent place in the world's mar-

Steak kets. In view, therefore, of thel ing countries has been over smaller supplies which will be 1,000,000 bales greater than in the previous year. The increase in the Australian clip of 280,000 bales was larger than had been anticipated, but in no other wool- growing country was there any important change in the total pro- duction. This huge increase in supplies was due to the shipment of the old stocks of wool remain- ing on hand in the overseas mar- ket at the end of the previous season, which amounted to up- wards of 500,000, bules in Aus- tralia and some 90,000 large bales (the equivalent of about 270,000 Colonial bales) in South America,

and & rise in them in the near

future is not unlikely.

N.Y. RUBBER, EXCHANGE.

TRADING COMMISSIONS

Calves' Head. & Feet..

Mutton Chop

Leg

"

Shoulder

"

Saddle

F

Pig's Chitlings

"

Brains

re-

Foot Fry

Head

Heart

21

Kidneys

Liver

Pork Chop

21

Leg

Loin

F1

H

Fat or Lard....

REDUCED.

STIMULANT TO BUSINESS. Mean prices current in Decem- ber compare as follows:-Austra-

New York, July 13. lian scoured merino fleece, 7.per The Rubber Exchange has cent, down; Australian greasy duced trading commissions by about merino fleece, 2 per cent. down; 40 per cent. It is believed that the New Zealand greasy half-bred cut will make trading on the Ex- attractive to the fleece, 20 per cent. up; New Zea change more

to rubber land greasy medium crossbred public, particularly

manufacturers in the United States fleece, 5 per cent. down; New and producers abroad. Zealand greasy coarse crossbred Trading Unit Increased. fleece, 4 per cent. down; East London scoured, 6 per cent.

Members of the Rubber Exchange of New York on May 23 approved increasing the unit of trading from

##

猪猪猪猪猪 猪猪猪猪猪猪羊羊羊羊乳群群午午 排後即

down; South African greasy21/2 to 5 tons and expressed ap- Sheep's Hand & Feet..:

combing, 8 per cent. down.

dition to dock delivery of rubber,

proval of warehouse delivery in ad-

Heart

13

12

Kidneys

**

Liver

but did not favour a proposal to establish a central warehouse equip

21

Fresh

Drought Effects... During the past year there has been a severe drought in the im- portant wool-growing districts of ped for rubber storage. The pro-Sucking Pige, to order. H North and Central Queensland, posed changes were referred to the Suet, Beef and there is likely to be a con-Rules Committee for drafting into siderable decrease In exporta form for submission to the Board of Veal from that State. In the rest of Governors and later ratification by

the membership. Australia, however, the season

The members were unanimous has been favourable, particularly says the "India-Rubber World") in New South Wales, where the in the opinion that deliveries should clip is expected to be larger, and be made from warehouses when Barbel it seems probable that the total buyers so desire. With rubber de- Australian clip will be about the Iveries from the warehouse, certi-Ercam same as that of 1925-26, which ficate of quality is to be issued by Canton

graders licensed by the Exchange. Water Fish. reached the record figure of it was also agreed that qualities JAPAN--Tokyo, Yokohama, Kobe, 2,377.866 bales, as compared with should be so graded as to conform Carp

Canka.

2,094,880 bales in 1924-25 and with those established in the out- FORMOSA:-Giran, Kegi, Karenko,

side market, with a view to estab- Codish Keelung, Makong, Nanto, Shin-1,779,781 bales in 1923-24.

Crabs chiku,

Tainan, Takao, In New Zealand, where con-lishing international types. Taichu,

The membership voted that prices Cuttle Fish Tamsui, Toen, Heito, Taite, ditions, have been good, produc- CHINA: Shanghai, Hankow, Amoy, tion will be slightly greater, but for trading be on the basis of 5 DA

poiste, or 1-20 of a cent, rather Dace Poschow, Swatow, Canton.

no important change is expected than the prevailing basis of 10 OTHERS: Hong Kong,Singapore,

Dog Fish points. A revision of the commis- Seerabaya, Semarang,

York, Bombay, London, New

sion rate was also voted and a slid- Eels, Conger

Fresh, Water Calcutta, Leap Ala

ing scale adopted on a one-way basis, representing a reduction from LONDON BANKERS: A

the old average rate of approxi-| Froga London County, Westmingtor and........

Farr's Bank and

mately 40 per cent.

Garoupa

The Hak hize Corespondents in the time Centror In the Earepen Continent, Isis curta, Tingtao, Japm, Indo-Chlua, la, Indle Philippine ainda, Java, Afcles, de..

Datavia,

1

Interest Allowed an Current Accounts, lip

THE BANK OF CHINA. 中行銀國中

(Spacially Authorised by Presidential Mandate of the Republic of China

Son, the 22nd of November, 1917).

Fixed Deposits at rates which will be quoted on Authorised Capital Application,

:

T. TAKAGI.

HONG KONG BRANCH:

3. Des Voeux Road Central Hong Kong, 7th May, 1928,

Pald-up Capital Reserve Fund

Poultry.

July 21, June, June,

1927. 1915, 1914) Cts. Cts. Cia.

ib.

60

31

*

50

20

30

GO

1

30

40

22 21

each

22 21

per doz. 30

新鮮雞蛋

36

*

20+

70

24

50

24

*

45

24:

*

# #SNNER BEGUMESH

each 8 10 12

Egga, Hien (cooking).

Eggs, Hen (fresh)

Fowls, Canton Fowls, Bainan Geeno

Pigeons, Canton

Holhow

Turkeys, Cock

Turkeys, Hen

Snipe

Pheasant

Quail Partridges

# each 56

口停

火锅

15 19

12.

14

23 20 22

H

lb. PA 1B 14

H

7 G. 7

get $1.20 $1.00 $1.00

་་

ناو

Almonds

Apples (California)..

Carambela

Fruits.

Pears (Canton)" Peanuts

Persimmons, Large...

Plantain

Pamelo, Siam

Artichokes

Beans, Sprout

Long

Beet Root ..

Bitter Squash Brinjals, Green

Red

Cabbage, Chinese ......

(Shanghai)..

cach

pair

each

#

40

each 20

Ib.

32

|

ននឌ ន ដ ១២ ដឌគីភីឌ | | | | |

45-

| | ឆw៨៩ | | | 3 +£ គុ

JSLIST 18908

15:

lb. 48 26

48

26.

24

It

46

#

lb. 60

36

27

1▸

32

24

*

Per set: 3

Bananas (bride's)

燕山車

17

6

lb. 16 16

##

28 ·15

18

Coocanuts

椰子

ench 14

20 18

-

Lemons, Chima

Ib.

18

.each 15

10

10

Lemont (America)

16 10

3

"

Lichees, Dried

金山傳線

each

8

Jb.

60

30 24

Oranges: (Canton)

T

35

新會甜表

36 25

23

Oranges

36

14

21

42 60 70

14' 10

24

21

per set 85

60 70:

each 12

8 7

15

12 10

Walnutr

43 28 25

11

Grapes

1. 猪

20 25 22

#4 #

30 20 18

"

Mutton

***

46

20

23

"

牛仔肉

30 20

J

Vegetables, &c.

Sausages

牛仔隅

40

20

20

"

No. 1..

32

each

-lb.

5

Fish.

Th

8

1b. 46 19

ench

8

8

32 20

10

ib.

糖类

30

13 16

37

10

5

#1

10 5

36 16 27

"

10 6

12

20 12 D

HJ

20 12

+7

30 20 25

Cane Shoots, bunch ...

*

30 23 26

Caulifower (Large) ..

each

85 18 2

*

SG 23 10 40 10 12 10 8

+

(Small)

#

&

40 16.

Carrots Celery, Chinese Chillles, Dried

Ib, 14 6

I

14 10

$2

10

18

辣椒:

20: 25

M

12 10

40 26

80 32

26

10 8

10

66

40

80

#

8

**

215

15 18

Garlic

*

20 22 85 18

18

10

7

20

22 18

10

12

40

00 22 24

60 32

21

18

20 24.

*

10.

28

$2

28-

38 13

2

Mandirin,桂林馬障

12

TO

20

22

55

30 14

9.

80 20 15.

Onions, Bombay

8

18 16 D

H

Green

85 28 14

Shanghai S

N

86 26 29

Parsley.

40

:80: 80

-00

20 45

Potate, Sweet

Japanese

#!

營業

12

石錒公

45

18:18:

"

.85

22 18

70 80.20

Catfish

Yellow..

The members favoured increasing Gudgeon the clearance charge from $1.50 to Herrings $2, though the contract was doubled | in unit of trade.

The clearance Halibut was also recommended at Labrus $60,000,000.00 charge

18,278,000.00 $10 per contract for members, to Losch

out Lobster 9,020,426.24 cover transactions in and

during trading hours, even though Mackerel absent from the floor.

Monk Fleh Mullet

HEAD OFFICE: PEKING, -

VN TARI VE BU TOM T

THE BANK OF CANTON, LTD.

Established 1912?! Head OficeHong Kong. Authorland Capim (1.FC; Carreñry).. 11,609,000 5051,200 Paki tip

84,000

BLANGUM

Dante, Hanghai Nankow Braton. : Bangkok, New York and bins Francfaen,

CONDON BANKERSLAG Torte Bank

CORRESPONDENT

HONG KONG BRANCH:

4, Queen's Road Central,

1. Branches and Sub-branches all over China and Correspondents in Europe America, and other parts of the world. Londen Bankers: The National Pro- vincial and Union Bank of England, Ltd.

The Guaranty Trust Company of New York..

New York Bankers: The Irving National Bank,

Price Advance "in near future."

In the matter of grading, the Board of Governors of the Rubber Oysters Exchange has approved a scale of Parrot Fish price differentials between the vari. Perch ous grades of Hevea plantation Pike rubber which shall prevail on all Pirice deliveries made during June against Pomfret, Black "new contracts entered into on Pomfret, White

after Juno 21, 1926.

and

The scale of differential follows: PRAWD

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