1927-10-07 — Page 2

China Mail 德臣西報 中國郵報 All

HONG KONG AND SHANGHAI „BANKING CORPORATION,

Tecond sad Fully Palid-up' . . Reacto Fundo (

Sterling

$90,000,000

£6,000,000

BİTƏN........... 4,500,000

Berre Liability al Prepsietare....890,000,000

HEAD OFFICE: HONGKONG.

COURT OF DIRECTORS 1— Hon. Mr. D. . M. Bernard,

Chainzon,

A. II. Compton, Beq. Deputy WhatIOSO,

W. DE. Bell, Raq.

20. 6. Brown Key,

A. Kasgeras, Kay,

0.0, 8. Mackle, Zag,.

AKUT

W. L. Pattenden, Kag,

T. 0. Weali, E#q.

11. P. White, Rij.

Valat Manager

Hon. Mr. A. O, Hynes,

BANGKOK

BÁTATIA -

BOMBAY

CALOUTTA

UANTON

CHEYOO

OGLAMBO

DAHLEN FOOCHOW HAIPHONG

HAMBURG

HANKOW HARBIN

• ПОКОККИ

KLOILO

РОН

YOUORE

KOBE

KUALA

LOMPUL

BRANCHES --

LONDON LYONN MALAGOA MANILA MOURDEN NAGASAKI NEW YORK

PASINO

PENANG

HAIGON

BAN PRAKOINCO

SHANGELI

SINGAPORE

SOURABAYA BUNGEI PATANI

⚫ TIENTSIN

TOKYO

TYINUTAO

YOKOHAMA

Current Accoals opened in boost Qurrency- Fixed Deposiče received far oze your or mutter periode in Local Carenag and Starlax on term whlob will bequoiad on application,

Hong Kong, 13th September, 1997,

HONGKONG SAVINGS BANK.

The Brains of the above Bank le con. dacted by the HONGKONG AND BUANGHAL BANKING CORPORATION, Balon many bo obtained on application,

FOR THE HONGKONG & SHANGHAI SANKING CORPORATION,

▲ U, Xynes, Chief Manage

Kangkona, 13th Heptember, 1927.

BANQUE DE L'INDO-CHINE,

HEAD OFFICE:

96, Boulevard Haussman, Paris.

Subscribed Capital

Frs.72,000,000.00 Frs.68,400,000.00 ..Frs.80,384,619.10

BRANCHES: Kanol

Pald-Up Capital

Reserve Fund

Bangkok

Luatho

Canton

Pondicherry

Battambang Hong Kong. Saigon

Dibouti

Menytze Shanghai

Nun-Dinh

Noumea

Fort-Bayard l'apoote Haiphong. L'eking Hankow

Inom-Tenh

BANKERS:

Singapore

Tientsia Tourate Yunnanfu

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

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

行銀涤工中

BANQUE FRANCO-CHINOISE pour le

Commerce el L'Industrie

(Incorporated in France).-

5. Chator Road, Victoria, Hong Kong.

HEAD OFFICE: 74, Rue St, Laxare, Parts.

Capital fully paid up..... Frs.40,000,000 Special working capital..Frs.50,000,000 Reserven...

.Frs.13,276,000

Paris

Saigon

Felding

BRANCHES: Lyons Marsellies Haiphong Hend

Shanghai Tientsin Hongkong Paon 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.

Every description of Banking and Erchange Business Transacted, Cor. respondents throughout the world.

A. ROLLIN,

Manager. Hong Kong, 21st April, 1927.

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

Incorporated by Royal Chater, 1953.

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

tors

HARDWOOD CASE.

BAN PLACED ON WORD "MAHOGANY."

THE CHINA MAIL,

COMMERCE

*Washington, Sept. 11. Six large companies in the United States are involved as respondents, and the Philippine Government as Intervener. in the "Philippine Mahogany Cases," according to a bulletin recently released by the Federal Trade commission.

Advertising or offering for sale certain Philippine hardwoods and hardwood products under the name “Philippine mahogany" or "maħo- gany" is barred by the Federal Trade Commission in issuing to six large companies or Importers of Philippine hardwoods orders to conse and desist. The orders are made public for the Arst time.

Such terms as "Philippine maho- gany” and “mahogany" shall not be employed in describing or offer for

AND

FINANCE.

SOVIET OIL. CONTRACTS WITH AMERICAN

American

INTERESTS.

FRIDAY, OCTOBER

competitors of the Islands who have PRIZES FOR BIRTHS. lower standards of living, he' said. The Philippine products are con SOUTH ITALY PUTS PREMIUM.

ON BONS.

Naples, Sept. 27, Prizes have been offered by com-

tinually being driven out of the market because the same products are being sold at lower prices by other countries. On the other hand, he explained that the marketa al-munes in Southern Italy to those ready controlled by other countries parents who are most prolific in cannot be invaded and won over by giving sons to the Fatherland. the Philippinea.

This follows the edict of Mussolint This is the cause

that more Italians must be born to carry on the destinies of the na-

he attributed

for the loss of the Philippine Chin- tion and be ready for eventualities

Sumatra and it'

feared that the

Raffaele

1927.

HONG KONG TIDE.

been obtained by aid of the Tide- The tide table given below has

predicting Machino, which in cludes 40 components for the bet- ter prediction of tides, from the result of the analysis of the tidal observations, takon at the Kaulung tida! observatory under the direction of Dr. Doberck dur ing the years 1887, 1888, & 1889. The times and heights are given

and Aberdeen, the differences used for the Victoria Naval yard being very small.

for Kaulung; but they may be

The tines of high-and low- water must not be considered to coincide with the times of alacic water and change of current, the phenomena being quite

distinct.

ene market of sugar to Jaya. The of the future. Philippines, is more logically the

The Commune of Cuccaro Vetere, source of sugar supply for this near Salerno, has offered through Paris, Sept. 10. interests have just country, but Java can afford to its podesta, Professor signed iron-elad contracts with offer prices which would rain the Troccoli, a premium to those Soviet Russia which guarantee to local producers.

parents living in the commune who, the former, extensive antea rights Abaca is now being menaced by in the space of five years, have the

largest number of children. for Russian oll.

The Duca, to whom institution of two This is the substance of an an- Philippines would eventually lose the prize was announced, imme- nouncement by Vice-President A- E the monopoly of this product. The diately telegraphed to the podesta Kalbin, of the Soviet Russia same problems are facing our to- of Cuccaro Vetere expressing his Naphtha Syndicate, in an exclusive bacco, copra and products, he said. completa approval of the Iden interview with the "United Press." It is because the other countries of United Press.

Kalhin told the "United Press" the Orient can produce Philippine that he had signed contracts with principal products, and they can the Standard Oil Company and the offer lower prices because their Vacuum Oil Company of New York standard of living is lower than during his visit to New York last that of the Philippines. June, by virtus of which the Stan- dard Oll will sell-on a commission basis 100,000 tons of Mazout CHAMBERLAIN'S PAIN BALM. which Soviet Russia has agreed to deliver at Constantinople, Colombe

and Port Sald.

BANDITS NET $85,000..

Los Angeles, Sept. 26.

October 7 to 18, 1927. DATE HIGH WATER | Lower WA -

Standard Standard

Times

Times

October

Fri.

**WE

Hr

H&

1 14 1.8

7 m.8.97.1

7 46 5.2

8. 29 7.4 m 0 $74.2

88 0:0

1 D3 a 1.0

9 m 7 15 7.5 m 1 335.6

0.1

D

9 58. 0,5

901.0

3 13 1.8

An estimated $85,000 in cash was obtained to-day by two men who 8an. held up three officials of the Los Angeles light and power bureau in Mon. 10 in 883 7.6 their offices. The ocials were Taos 11 There is nothing so good for mus-bound and gagged. A guard was calar rheumatism, aprains, lameness of carried away by the robbers and Wed, 11 the muscles, bruises and like injuries thrown out of their car at Alham- as Chamberlain's Pain Balm, One

For sale bra, a suburb 10 miles away.-As- Thurs 13 m 11 18 6.6 443 28 application gives relief.

sociated Press.

. 10 din 17,5]

HONG KONG MARKET

sale any wood not derived from the trees of the mahogany or meliaceae The contracts call for deliveries family, according to the Commis- to cominence immediately, at prices

Dvorywhere. 28,000,000 sion's Orders, which cite the six quoted on the respective markets at .£4,000,000

companies as having designated the time of delivery. The arrange- £8,000,000 "red lavan" "tangfle” and numerous ment with the Vacuum Oil Com other woods as "Philippine maho-pany, he declared, called for 100,000 gany" when they are not of the tons of heavy oll. mahogany family. The commission "Many of the stories," he said, maintains such advertising and sell-"published concerning alleged ex- ing is unfair practice in competi-clusivities granted in oil exploita- |

tion by Soviet Russia are false.

Agencies and Branches:

ALOU STAR

MADKAS MANILA MEDAN NEW YORK PEKING PENANG PREUAWAR PUKET BANGOON SAIGON BEMAHANG BEBEMBAN BBANDHAL SINGAPORE SOURABAYA TAIPING

1

(Malay Stało«} AMEITBAH BANGKOK BATAVIA BOMBAY DALUSTTA CANTON DAWNPOBE ORDU COLOMBO DELJII HAIPHONG BAMBURG HANKOW HONGKONG ILOILO IPUH KARAULI KLANG KOBK KUALA KANGSAR

Park. (2.8.3.)

_ (P.M.8.)

TAVOY TIENTUIN TUKYO THIXOTAO YOKOHAMA ZAMBOANGA

Philipplae Iolanda}

+

KUALA LUMPUL KUCING Foreign Exchange and General Bank- ing business transacted.

Current Accounts opened and Fixed Deposits received for year or shorter periods at rates which will be noted on application.

J. R. GEORGE,

Manager. Hong Kong, 7th March, 1927.

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

tion.

"We are practising a polley of Independent dealing through the

The six companies involved are the Thomas E. Powe Lumber Com- pany, of St. Louis; Indiana Oak various markets of the world and Company, of New York; Jones we place our products through most Beef Sirloin Harwood Company, Kirschman of the principal companies in the Company and Robert Dollar Com- different countries with which we pany, all of San Francisco, and the deal. Hammond Lumber Company, of Los Angeles.

"American

he ex- Companies," plained," have always alded in the While all six of the orders to development of our of industry. cease and desiat

are practically That is why we like to deal with alike in context,, these cases have them."

Kalhin concluded, however, "The been before the commission. In various stages of procedure and Soviet Russia Naphtha Syndicate have become widely known as the can be said to be in open contest Philippine, mahogany cases. They with the Shell Interests, to whom are all subject to a stipulation, on- we recently refused to sell consi- tered into by the Federal Commis- derable quantities of Russian oil

the Shell alon, the six respondents and the because

people Philippine Government as inter- stipulated conditions which would vener,, to the effect that following have been deterimental to the inter- of the commission's eat of other British firms with orders, if the respondents do not whom Russia regularly deals.”...... comply with the ordera 'within the United PresS, stated time, there shall be designat. ed one of the cases to be considered test case and be taken before the United States Circuit Court of Appeals for a court decision. United Press.

HEAD OFFICE:-Taipeh, Formosa.the issuance

Incorporated by Special Imperia! Charter, 1899.

'Central Bank in Formoza.

issued Average amount Yen 46,000,000

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

ta

Interest allowed on Current Accounts and Fixed Deposits according arrangements.

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

CH, LEM,

Manager, Hong Kong, 20th February, 1927.

NEDERLANDSCHE HANDEL MAATSCHAPPIJ.

(NETHERLANDS TEADING SOCIETY)

BANKERS

Established 18H

Kang Kong Oftes-11 Quent's Road Central

Authorland Capital ............................. Gaļkdera 150006,000 (£12,500,000) Paid-Up Osplice Guildən 33,000,000-

(£8,000,070) Bissers Fradi. Duilders 60,000,100

(£1.333,333.)

Hand OMG-AKSTERDAM”), Hastern Hoad (Mps:-BATAVIA, BRANCHES :— Band¦grimasla, Baodoong), Bom.

bay, Calcutta, Okeribon, ald. dab, Djember, Djokjakarta), The flague'), Kabs, Kuta Balja, MADANGAT, Medan, Pada

BRANCHES AND AGENCIES: JAPAN!—Tɔkyo, Yokohama, Kobe,

Osaka. FORMOSA: Giran, Kagi, Karenko, Keelung, Makong, Nanto, Shio- chiku, Talchu, Tainan, Takao, Tamaut, Teen, Helto, Talte. CHINA: Shanghai, Hankow, Amoy,

Foochow, Swatow, Canton, OTHERS: Hong Kong, Singapore, Soerabaya, Semarang, Batavia, Bombay, Calcutta, London, New York. Dalren.

LONDON BANKERS: The London County Wastminster and Parr's Back.

The Bank has Correspondents in the Commercial Central the European Continent, Rumia, Man churia, Taingtao, Japan, lado-Chini, Slam, India Fakippine Islanda, Java, Africa, U.dlá, Australia,

Fixed Deposita at mates which will be choledo

J. IHARA,

Manager..

application, Deposits la Ven car be accepted

HONG KONG BRANCH:

3. Des Voeux Road Central. Hong Kong, 22nd September, 1927.

THE BANK OF CHINA.

Falembang, Pekalongan, PoSpecially Authorised by Presidential

Pontianak, Rangoon, Basterdsen") Bamarang"}," Shanghai, dibelga

Borrilla, Hoora

karta (Holo), Text, Tillatjap and Wolleyredan.)1 *Mises affons have safe deposit. Goxes to let Login Bankers-National Provinciai Bank Lil

Correspondents all over the world

Banking business if grory description transacted

O. STEENSTRA

"Hongkong, 30th July, 1927.

Manager.

..

行銀國中

Mandate of the Republic of China

on the 22nd of November, 1917).

RUSSIANS CLASH.

FUNDS OF C. E. RAILWAY.

TOBACCO.

PRODUCTION IN HAITI GROWS.

m 981

9 21 7.4

8-81. 7.11

R% ni ut

2399.1

m 10 31 7.1 m 2 68 17

10 10% 7.3

4 11 2h

441 x 2,1

PRODUCE.

APPROXIMATE RETAIL

PRICES.

Poultry.

Sept. 23, June, June,

Butcher Meat.

**

Prime Cut

TO

Corned

Roast

Breast

Soup

+

Steak

*

Steak Sirloin

Sausages

Bullock's Brains

DJ

Tongue, fresh..

Tongue, corned

Head

Heart

Hump, Salt

had

Feet

Kidneys Tell

Liver

Tripe

Washington, Sept. 12. Production of tobacco in Haitian Republic is increasing and new capital is entering. the industry Consul month, American every

Sept. 23, June, June,

40

1927. 1918. 1014.

Cia. Ct. Ct

Ib.

23 24 12

Chicken

28 28 12

17

23

12

Capons, Smail

28. 24

92

Capons, Large

Duck

24

20

18

Doves

28

20 18

Eggs, Hen

(cooking)..

23

24

22

Egga, Hen (fresh)

80 35

Fowls, Canton

40 26 20

per set 15

10

12

Geeze

each 65

50

60

60 wwww

Holbow

$1.20

-$1.29

Turkeys, Cock

lb.

24

18

14

20

18

Turkeys, Hen Snipe

each

B

10. 12

15 18 12

Quall

28

20

Partridges

Ib..

24 18

14

7 6.

7.

**

Calves' Head & Feet.. Hapsat $1.20 $1.00 $1.00. Kutton Chap

Leg.

Shot Mer

Saddle

#

Pig's Chitlings

Brains

12

"

Feet.

Fry

11

Head

มุ

JI

Heart Kidneys

Liver

ת'

W. R. Scott atates in Department of Pork Chop Commerce current review of tobacco trade.

Harbin, Sept. 30. At a meeting of the board of!

Hundreds of acres are now being directors of the Chinese Eastern planted in Haiti, compared with only Railway yesterday, the Chinese a few acres last year. directors asserted that the interest!

"The industry is expected to grow

on Tla. 5,000,000, which the Chin-in northern Haiti, under the protec

Leg

Lola

异度

Fat or Lard

H

Sheep's Head & Feet.

Heart..

**

Kidneys Liver

internat allowed on Current Accounts, and ese Government deposited. in the tive tariff, until the saturation point Bucking Pigs, to order.

Russo-Asiatic Bank at the time of of domestic consumption is reached, Suet, Beef the conclusion of the Treaty con- which at the present rate of de- cerning the

construction and velopment would take two or three Veal management of the Chinese Eastern years," the report concludes... Railway in 1895, should be included Tobacco prices in Porto Rico re- in the estimate of the Railway, malu unsatisfactory but new buyers whereas the Russian directors main are reported to be entering the mar tained that the matter be solved, ket, according to cabled advices. through negotiations between the An advance of tobacco prices would. Government authorities of the two help the current situation consider countries.

ably, as the prevention of a carry- The meeting lasted more than over is very desirable. three hours and adjourned without; The foreign tobacco trade of the Carp .$60,000,000.00 reaching any decision.

United States for the first half of Catfish 18,278,600.00 According to the Treaty, Tis. 1927 was encouraging, with excep- Codfish 9,020,425.24 5,000,000 referred to was to have tion of the cigarette trade which Craba

been refunded by the Chinese East- was adversely affected by deiturbed Cattle Fish ern Railway to the Chinese Govern- conditions in China..

Dab ment upon the inauguration of the "The decrease in domestic prices Daco Railway. But this money has re-has unquestionably, been one of the Dog Fish mained unrefunded for thirty years, strong contributing factors toward zela, Conger and now amounts to Tls. 16,000,000 increased exports, though not the Fresh Water including Interest.

only one. The increased purchasing

Yellow

Authorised Capital

Paid-up Capital

Reserve Fund

HEAD OFFICE; PEKING."

HONG KONG BRANCH:.

4. Queen's Road Central Branches and Sub-branches all over THE YOKOHAMA SPECIE BANK, China and Correspondents in Europe, America, and other parts of the world LIMITED.

London 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

Established 1889.

Capital (fully paid-up) Yen 100,000,000 Yen 06,500,000

Reserve fund

Head Office:-XOKOHAMA,

Branches and Agencies at: Alexandria.

Batavia. Bombay. -Buenos Ayres.

Calcutta.

Canton

Changchun

Dairen (Delay),

.. Newchwang,

New York.

Danka.

Peking. Rangoon

Rio de Janeiro, Saigon. San Francisco,

Fengten (Mukden), Seattle.

Hamburg. Hankow.

Harbin

Hong Konr

Honolulu,

KAI-Yoeg. Karachi

Kobe

London,

Los Angeles. Lyons Manila Nagasaki.

Semarang. Shanghal

'Shimonoiok Singapore. Soerabaya. Sydney.

Tientain.

Tokyo.

Tsingtan Vladivostok.

(Temporarily closed)

Interest allowed on Current Accounts, 150 Reposits received for fixed periods it

ventes to be obtained on application.

Hong Kong, 12th Septembe

The Equitable Trust Company of New York,

老‘由牛她肉拼楂果原始心胱脚胰尾肝批 脚青手肉區什心肝 抽脚心製肝油健康

****

lb.

48

28

48 28

Fowls, Halcan

Pigeons, Canton

Pleasant

Almonds

48 24

43 П

28 15 18 18 20

Apples (California)

Bananas (briile'a)

Carambola

Cocoannte

85

Per set 8-

p

Ib. 18 15

1927. 1918. 1914

Cle. Cin. Ct.

50

45

30 31

30

50

80

45

21

euch

21

per doz. 80

20

24

24

24

བླན ཎ འབྱ ལ ་མ། ཟའཚོ་མནབ་པ

本地购

each 55

腾班众新本海為自爆火大沙山美岛

8987 1888 9 8 8 8 | - | | |AI

BA STAR- ¤CACAL GE SELE

Fruits.

新會甜機

each

44

09

*******88*881

TIFF

⌘ཨྠརྞྞསྐབྷཥྞ | 1:|: ཋ སྤ |

Ib,

金山洋藥

30 24

蕪山香蕉

+

8

4

15 12.

each 12 10

10

Lemons, China

each 15 10 10

Lemons (America)

* lb.

15

0

15 10

8

Lichees, Dried

lb. 52 80

24

Oranges (Canton)

✯ each 荔枝干

a

8

Ib.

40

25

30

88 26 28

88

16

P

#

##per not 85

each

40 60 TO 21 21

60 70 12 8 4 15 12 10

>

48 20 25

*

Ib.

20

25 22

Grapes

30

20

18

48 28 26

TP

$6

20

19

M

40

20 20

32

A

Orangea

Pears (Canton).

Peanuts

Persimmons, Large

Plantain

Pamelo, Siam Walnuts

Artichokes

Beans, Sprout

Long

Beet Root.

Bitter Squash

Brinjals, Green

Red

Vegetable

竹菜角 盐应瓜菜菜

each

中興花

Mutton

*

Bausages

No.

Fish.

Barbel Bream

Ib.. 34

-24

88

18.

Canton Frash Water Fish.

請點:省滨

28

16

歲高齡

40

27

#

Cabbage, Chinese

84

0

"

H (Shanghai)

42

26

Cane Shoots, bunch

35

23 28

28 · 16.

2

62

10

28

Carrots

14

10

8

Celery, Chinese

40*10

28 10

18

#1

Rød

40

80

Green

紅帐椒

65

32 25

Curry Staff

60

30

Cucumber

2018

Garlic

25

18

Ginger, Young

26

28

35

2218

Hoz

65

Indisa

28

18 2

16.22

Muah

This issus between the Russian power of Europe resulting from Frogs and Chinese directors of the Rail- stabilised currencies and otherwise Garoups way is attracting the public atten- improved conditions; increased ac- Gudgeon tion-Toho.it

tivities in the United Kingdom Herrings

to make up for British adversities Halibut in China are also factors which have Labru Increased foreign demand for raw Loach

Interest allowed on Current Accounts THE BANK OF EAST ASIA, LTD. tobacco. Exports of leaf tobacco to Lobsters

and Fixed Deposits. Termis on applice-

tion.

Every description of Banking Busi- neas transacted, but now been

Loans granted on approved securities. „Special facilities for Home Exchange,

SHOU J. CHEN,

Manager.

· THE BANK OF CANTON, LTD.

Established 1912 Head Off-Hong Kong.

Astharland Capital (11.1. Currency)... 11,000 600 Paid Up Capital ...............

1,60205 650,000

SUBRANCHES

..... Caston, Bhanghai, Hanlow, - Heizen,

Big, Bangkok, New York and, Dani Francisco, i

GARMENTS LONDON BANGERS

Diane Lloyds Bank Limiteda pula,

CORALES PONTOKA

Istall princed after of the world.?

•Verilen wachangs and backing bakas of

– Bala Dugonit Boten (racións sfast) að a'zonely.

zmotal of from 65 to $40.00

LOOK POONG SHAN

Manager Hoan Long T bruary, 1927.

HEAD OFFICE: HONGKONG.

10,

Paid-up Capital

Reserve

Des Voeux Road Central, Hongkong. Authorized Capital ...$10,000,000 5,000,000 1,200,000 BRANCHES AND AGENCIES:- Batavia Melbourne, San Francisco. Bombay

Nagasaki Seattle

Calcutta

New York Semarang Canton Osaka *Bingapore Haiphong Paris Sourabaya Honolulu Peking Sydney Kobe

Penang Kowloon Saigon

Rangoon

Taigeh Tientsin

TOKTOL

Europe, the world 'centre of leaf blackérel”. consumption, Increased 25 per cent. (Monk Fish

United Press.

COST OF LIVING.

Mullet 7

Oysters Parrot Fil

Perch

Fike

COMMERCIAL TROUBLES IN^ Piaico

PHILIPPINES. MY Pon

The standard of living in the Philippines which is considered re latively higher than that of most Oriental countries is the root causa London Manila Shanghal

of the commercial troubles of the Correspondents in all principal cities Islands, and it should be considered of the world.

No more of n drawback than Every description of Banking and vantage to Philippine Exchange business transacted Loans according to Fidel Reyes, granted on approved securities."

SAFE DEPOSIT BOXES to lat..

KAN TONG PO,

Kong Fonz/21t March, 1927,

of the bureau of commerce dustry

The cause of tan

to Philippine trade in traced

́E ELEGERE DELEGGURUS

2999298NGANAN 832-2

86 80

Cauliflower (Large)

(Medium).**

(Small)

Chillies, Dried

椰菜花

三椒千

gbai

20

12

15

16

45.

16

15 8

10

8

16

།ངས་

16

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