1928-01-26 — Page 2

China Mail 德臣西報 中國郵報 All

HONG KONG AND SHANGHAI BANKING CORPORATION.

anthorised deplint........$60,000,000

Isasad and Pully Paldag................. $20,000,000 Becerre Fante;-

Sterling

4,000,500 sivat.....PALAMAN MAK,000,000

1

Smorra Liability of Proprietore... » » -$30,000,000

TERAD OFFICE: HONGKONG.

COURT OF DIRKOTONS 1-

Hon. Mr. D. C. M. Baraani,

Ohairman,

4, 11. Compton, Maq. Deputy Chairs,

W, 21. Ball, Miq.

3. S. Brown Kao,

6. Mackowa, Kıq.

6. 9. Mackle. Reg.

AMUY

BANGKOK

BATAVIA

BOMBAY

Oniel Ka

W. I. Puttanden, Raq

T, G. Weall, Req,

if. P. White, Esq.

Man, Mr. A. O. ltyuan. BRANCHES:-

CALCUTTA CANTON UHXFOO

COLOMBO

BAIKEN

ZOOCHOW

BALPHONO

HAMBURG HANKOW

HAMBIN

BONGKEY

ILOILO

ПРОЦ

JOHOBE

KOBE

EVALA

LUMPVA

LUNDON LYONG MALACOA MANILA MOUKDEN

NAQAJAK!

NEW YORK

PKKING

PKMANU BANUGON

NAEGION

HAN FRANCISCO

SHANGHAI

SINGAPORE

SOUBABATA KUNGKI PATANI TIENTUIN

TOKYO

TINOTAD

УОКОНАНА

Current Accounts opened in Local Currency and Fixed Deposits received for, one year or shorter periods in Local Carrwany and Starlug terms which will be quoted on appliance, Bong Kong, 13th September, 1887.

HONGKONG SAVINGS BANK.

The Basiness of the above Bank is com dacted by the HONGKONG AND SUANGHAL BANKING CORPORATION. Hala may bu adtained on application,

FOR TILE HONGKONG A BILANGRAI PARKING CONPOKATION.

A. V. Eyuár,

Chief Maunger)

Hongkong, 15th Heptonsber, 1977.

BANQUE DE L'INDO-CHINE.

HEAD OFFICE:

96, Boulevard Haussman, Paris.

Subscribed Capital Fra.72,000,000,00 Pald-Up Capital....Fra.68,400,000.00 Beserve Fund....Fr 80,884,510.10 BRANCHES: HaDoi Bangkok

Pondicherry Battambang Hong Kong Saigon

Alangtze Shanghai

Cauton Nam Dinh Singapore

Noumea

Fort-Bayard Papeete

Dijbout!

Haiphong

Peking

Tientsin

Tournbe Vinh Hankow I'nom-Penh Yuzsanfu

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

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

行銀商工法中

1

BANQUE FRANCO-CHINÒISE ··

pour le

Commerce et L'Industrie (Incorporated in France).

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

Paris..

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

..Fra.50,000,000 .Frs.15,304,965 Reservas Fund

BRANCHES:

Parla Saige

zyons

Peking Tourane

Marsailles

Haiphong Hanoi Shanghal Tientsin Vinh Pnom Penh

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

Exchange

NEW YORK:-American Irving Trust Co. SAN FRANCISCO-Bank of Italy.

Cor.

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

A. ROLLIN,

Mansger. Hong Kong, 1st January, 1928.

A GUINEA A BOX.

BEECHAM DIRECTORS AND PILL BUSINESS.

A BIG DEAL.

at

THE CHINA MAIL,

COMMERCE

AND

FINANCE.

NEW INDUSTRIES.

OVERSEA FIRMS OPENING IN

AUSTRALIA..

EMPLOYING 10,000,

Canberra, Dec. 21,

THURSDAY, JANUARY 26, 1928.

HONG KONG TIDE.

USE FOR MOLASSES. above mentioned patents, It is

THE RECOVERY OF GLYCERINE.

SUPPLIES ASSURED.

From this it is

The times of high-and low. water must not be considered to coincide with the times of slack- water and change of current, the two phenomena being quite distinct.

Jan. 20 to 26, 1928.

DATE

JAD.

+

HOW LOWER WATER Standard

Times

Standard

Ht. Timon ย.

7 16 7.9 3m 934.0 m

52a 7.6

8 27.9

claimed that 92 to 98 par cent. of The tide-table’given below has the glycerine is recovered, mainly been obtained by aid of the Tide- by. apraying the concentrated predicting Machine, which in- liquor in the form of a fine mist cludes 40 components for the bet in a special still, together with ter prediction of tides, from the an inert heated gas or super- heated steam, under auftable con- result of the analysla of the tidal

taken ditions, of temperature and pres- observations,

at the During the war when the soap- aure, and then recovering the Kaulung tidal observatory under The the direction of Dr. Doberek dur makers were unable to meet the glycerine by condensation. demand for glycerine for the capacity of the Eastern Alcohol ing the years 1887, 1888, & 1889. manufacture of explosives, the Corporation's plant is said to be

The times and heights are given United States operated a plant about 10,000,000 gallons of alcohol for Kaulung; but they may be to recover the article from the per annum, necessitating the uae used for the Victoria Naval yard fermented molasses of some 30,000,000 gallons of fer and Aberdeen, the differences waste liquor mash produced in making alcohol, mented mash.

that, with maximum being very small. The Eastern Alcohol Corporation, estimated

of nearly 50,000,000lb. owned jointly by the great ex- yields, plosives company, du Pont, and glycerine could be recovered, that the National Distillers Products is nearly half the present produc- Beecham Estates and Pills (Limited), who propose to change

The Minister for Trade and Cus- Corporation of the United States, tion of glycerine from soapmaking

Total their name to Covent Garden Pro- toma (Mr. Pratten) stated to-day has now announced the develop plants in the United States.

world production of perties Company (Limited), have that as a result of the industries ment of a new process for the re-

about agree that British and American manu- covery of glycerine from ferment- glycerine is somewhere entered into provisional ments for: The purchase of Lord facurers proposed establishing in States. patents No. 1.628.986 by S. Pont plant will probably have a ed molasses mash, under United 160,000 tons, and since the du employment Derby's settled estates at Liver- Australia next year pool, Bootle, Kirkdale, and Walton, would be provided for at least. Varnes, and No. 1.627.040 by Jas. considerable excess above its own W. Lawrie, both applied for in requirements for explosives, it la consisting of freehold ground, 10,000 people.

The outlook for rents on 19,000 houses, 2,000 shops,

Australian June, 1922, and issued on May 3, evident that if other large alcohol

the plants adopt this process, there Fri. 10 m 8 49 40 m 2 19 1.7. 1,000 works, etc., and about 150 secondary "industries during the 1927, under assignment to

coming year, said the Minister, was du Pont de Nemours Company, in may ultimately be superabundant acres of freehold land, valued

0 49.9.4 com- very bright, but, he added, he would order to render that company in- supplies of glycerine, resulting in Bat £2,211,000; the sale of the

sre like to temper his optimism with a dependent of soapmakers' glycerine a serious decline in prices, which. pany's pill business and

** Fer- at present are still high. The Sao. 3 m 10 24 4.1 m3 40 0.8 maining Interest in the Veno Drug reference to the economic position. for explosive manufacture.

He pointed out that consideration mented molasses mash contains cost of recovering glycerine (sayB Company (1925) (Limited).

and "Times" Trade and Engineering Mon, 18 m 10 51 The vendor of the estates and had to be given to the possibility about 8 per cent. glycerine also the purchaser of the patent of a reaction arising from the 6 per cent, alcohol, and after the Supplement) as an alcohol by- medicine business and assets is lavish public and privato expendi- alcohol has been distilled off, and product is given about 12 to 15 Mr. P. E. Hill, one of the directors, tures in recent years. After re- the remaining liquor concentrated, cents per lb., and this is roughly Wed. 15' with whom Mr. Loui: Nicholas, ferring to the stimulating effect on the glycerine content is about 15 equivalent to its cost to the soap-

Industry generally that the new to 18 per cent.

i maker. Incorporated by Royal Chater, 1863. managing director, is associated.

This statement, however, Thurs 261 By methods describod in the requires confirmation. com- tarif schedule must have, Mr. The price payable by the HEAD OFFICE: LONDON.

£3,000,000 pany for the estates is £1,717,500, Platten said that the new duties on Paid-up Capital Reserve Fund

£4,000,000 the actual cost to Mr. Hill, who is hosiery would, in addition to bene- Reserve Liability of Proprio-

not making any profit out of the ting existing manufacturers, be tors ....

£3,000,000 resale. The price payable for the partly responsible for several not-

patent medicine business and as- able British-makers of textiles ex-)

tending their activities to Aus- sets is approximately £1,200,000.

If these contracts are approved tralia Messrs. I. and R. Morley, the Preference shareholders are of Nottingham, were estab- asked to agree to their dividend be-lishing themselves at Ballarat, and ing reduced from 8 per cent. to T operations would be commenced at Abbotsford, Victoria, by Messrs. per cent. per annum, and also agree to the cancellation of the J. B. Lewis and Co., of Nottingham, hosiery and provisions of the articles requiring manufacturers the whole profits of the company, underwear. A leading Swiss Arm after paying 10 per cent. on the was already at work in Bendigo Beef Sirloin

and the Minister said that he hoped Ordinary shares, to be placed to a special reserve until such reserve to be able to announce shortly that an American firm, with £500,000 reaches the sum of £500,000.

The Preference shareholders, capital, engaged in the manufac- however, will receive, free of cost, ture of hose, would be erecting & one fully paid bonus. Deferred factory the Commonwealth. share of 28. in the capital when re- These enterprises would attack im organised in respect of every two portations in the Commonwealth

shares

held. valued at more than £100,000 a Preference Directors and their friends are year. willing to purchase any shares not wanted by Preference shareholders af 2s. 6d. per share.

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA,

Agencies and Branches:

ALOR BTAS

slay Sistes AMÜTSÁL HANGKOK BATAVIA BUMBAY CALOUTTA CANTON CAWNPORE UKBU

COLOMBO

DELT

HAIPHONG

MADIAS

MANILA MEDAN NEW YORK PEKING PENANG PEHIA WAL KANGOON SAIGON

HHANGHAI SINUAPOLE ROUBAHAYA TAIPING

HAMBURO

HANKOW

HONG KONG

ILOILO

TAVOY

⚫IPOU

KAHAUL

KLANG

KOBE

KUALA KANGSAR

Perak, (7,31.8.)

KUALA LUMPUL KUCHING

(V.M.B.)

TIENTBIN TOKYO TUNGKAH (Bhekotz THINUTAO YUKUHAMA ZAMBUANGA

(Philippineilanda)

Foreign Exchange and General Bank- ing business transacted.

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; 5th January, 1928.

THE BANK OF TAIWAN, LTD.

(TAIWAN GINKO),

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

Interest allowed on Current Accounts And Fixed Deposits according to arrangementa,

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

CH, LEM,

Manager. Hong Kong, 20th February, 1927,

NEDERLANDSCHE HANDEL MAATSCHAPPIJ.

INETHERLANDS TRADING BODIETY)

BANKERS

Established b

Hong Kong Offles !--{] Queen's Road{Central )

Authorised Ospital ............................. Galiders 150,000,000

(£12,500,000) Pald-Up Ospital.............. Guilds 50,000,000- (228,050,470.) Beserve. Find antimus Gallders 80,000,000-

Head Ofco:-AMSTERDAM”). Bastern Road QH!ɔe:-BATAYLLA BRANCHES

Handjormasin, Bandoon) Bom bky, Calcetta, Choribus, FIL dah, Djember, Þjokjakarta?, The Engus') Koba, Kota-Kadja, Makassar. Medan Padaar

HEAD OFFICE:-Taipsh, Forniosa.

Incorporated by Special Imperial Charter, 1899.

Central Bank in Formosa. issued

Yen 45,000,000 Average amount..

BRANCHES AND AGENCIES: JAPAN:-Tokyo, Yokohama, Kobe,

Osaka FORMOSA:-Giran, Kagi, Karenko, Kasiung, Makong, Nanto, Shin- chiku, Talchu, Tainan, Takao, Tamsul Toen, Heito, Taito. CHINA: Shanghai, Hankow, 'Amey,

Foochow, Swatów, Canton. OTHERS: Hong Kong, Singapore, Socrabaya, Semarang, Batavia, Bombay, Calcutta, London, New York, Dairen,

now

to

It is also proposed that the pre- sent Ordinary share capital of £550,000 shall be divided into equal parts of Preferred Ordinary shares and Deferred Ordinary shares, the former in shares of 10s. carrying a fixed Cumulative 8 per cent. divi- dend, and the latter in shares of 28. each. It is proposed to in crease the share capital by the creation of a further £175,000 in 2s, Deferred shares.

The directors are unanimously of opinion that the best interests of the shareholders will be served by concentrating exclusively on real estate business.

In

of

1

Tab 24

m

1175

9 17 8.1 383,1. 27.4 63 0.5 10.1 3232.0

La 4.8 m 6 92 0.4

10 458 7.5

0.42 4.4

11 3 1.3

47

8.0

8 18.7

16 a 18.0

HONG KONG MARKET PRODUCE.

APPROXIMATE RETAIL PRICES.

Butcher Meat.

Jan. 18, June, June,

-1928. 1918. 1914.

Capons, Small

Poultry.

Jan. 18, June, June, 1928. 1919. 1914.

Cts. Cts. Ct.

lb.

21

Eggs, Hen (cooking)..

Cia. Ct. Ct.

Jb.

28. 24

12

+

Prime Cut

H

28 29

Chicken

12

H

Corned

23

12

127

H

Ronst

...28 24 22

Capons, Large

Breast

πt

24

20 18

Duck

to

Soup

19

28 20 18

Doves

FE

Steak

28

24 92

1

H

Steak Sirloin

40 80 85

Eggs, Hen (fresh)

12

Sausages

40

26 20

For set 16

10 12

+

Tongue, freab...

each 65

50 60

#

Tongue, corned

4

-#

60

H

Head

» $1.20

-$1.20

Heart

1+

Hump, Salt

th

Feet ...

were

A

Kidneys

2

Tall

Bullock's Brains

Liver "

Tripe

lb. 24 18 14

Fowls, Canton

Fowls, Hainan

Geeze

Pigeons, Canton

Holhow

"

Turkey, Cock

24 20

18

21

each 8 10

12

15 10

12

Turkeys, Hon Snipe ... Pheasant

29

· 20

22

19

lb.

24 18

14

пу

6 ↑

44

*སྒྱུ

Calves' Head & Feet 4 set $1.20 $1.00 $1.00 Mutton Chop

* K*$**CUVEEBOTEKELEECENZENE÷BOBEF###BOBERAIRE

猪猪猪猪猪猪猪猪猪猪猪羊羊羊蚌午午 ***

Leg

Shoulder

**

Saddle

The firm of Sewart and Lloyd, of Glasgow, said Mr. Pratten, had arranged under the deferred duties passed by Parliament to open large works in Newcastle for the manu- facture of the bulk of wrought iron and steel pipés required in Aus- tralia, requirements which estimated to be 50,000 tona a year, and were valued at £1,000,000. With this development in New- castle, and the help given by the last tariff schedule, it was expected that an additional 100,000 tons of Iron and steel products would be turned out from Australian fac- tories, and the Broken Hill Pty. Co.'s steelworks at Pt. Waratah would supply a great quantity of Pig's Chitlings raw material required.

Mr. Pratten said that another Scottish firm that would open at branch in Australia was Mesars. Michael Nairne and Co., which) would manufacture plain and print-) ed linoleuma at Auburn, New South Wales. The firm would operate with a capital of £250,000, and Pork Chop The net profit of the Star Ferry would attack importations valued Co., Ltd., for the year ended Decem at $1,000,000 a year. Artificial ber 31, 1927, is $291,211,44, which leathers, for which there was a sale together with $31,226.71 brought in Australia, valued at almost forward from the previous year, £500,000 a year, were to be turned The Back has Correspondente in the Commercial makes a total of $322,437,15 avail-out from a factory to be establish- Centros in the European Continent, Hu, Manable for appropriation.

ed in Australia by the American churia, Taingtao, Japan, Indo-China, Slam, India Pallippine Glandia, Java, Afiles, USA., Australia

firm of Dupont de Nemours and Co. A British firm engaged in the pro- Sucking Pigs, to order. Interest allowed on Current Accounts and

duction of electrical equipment was Fized Deposits at rates which will be quoted on

among application, Deposita in Yon can be accepted

a number of other oversea enterprises that would begin opera- tions in Australia on & smaller Vea! scale.

LONDON BANKERS: The Lendon County Westminster and

Parr's Bank,

J. IHARA,

Manager. HONG KONG BRANCH:

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

THE BANK OF CHINA.

行銀國中

Palembang. Pekalongan, Penang (Specially Authorised by Presidential

Pontianak, Bangoan, Holterdam)

Samarang), Nannghal, Sibolga

Bobal Boera

karta. (Holo), Tegal, Tillajap

and Waltevreden."}"

1) The offices have safe deposit boxan to Jak

Mandate of the Republic of China

on the 22nd of November, 1917).

Authorised Copital

Leadon Bankers: National Provincial Bank Ltd. Paid-up Capital

Oorrespondants all over the world

Banking besinses of every

description transaolod.

0. STEENSTRA

Hongkong, 13 July, 1927,

.$00,000,000.00 18,278,500.00 0,620,425.24

Reserve Fund

.HEAD OFFICE: PEKING,

HONG KONG BRANCH:

4. Queen's Road Central

STAR FERRY CO.

RESULT OF LAST YEAR'S WORKING.

The Directors will, at the ap- proaching meeting of shareholders, recommend the following distribu- tion:-

Pay a dividend of $2.00

per share, absorbing $160,000.00 Pay a bonus of $1.50 Carry forward to new

per share, absorbing.. 120,000.00

42,437.15

$322,437.15

account

WAIT AND SEE.

MANUFACTURERS TARIFF ADVICE TO GOVT.

EMPIRE TRADE.

ENQUIRIES FOR AUSTRALIA'S PRODUCTS.

Brainy

#

Feet

2

Ja

Fry

Head

キョ

"

Heart

Kidneys

Liver

#

H

Leg

»

Loin

Fet or Land

Quail Partridges

Ib. 48

20

48 26

#

46'

24

*

48

Almonds.

30

21

Per sat 3

Ib. 15 15

Apples (California)

Bananas (bride's) ·

Carambola

Lemons (America)

¤AN ASCA CAAR BIASA

30. 31

28

28 90

#1

22

21

each --

20 21

*per dox. 33

18

-

新臺

26

lb.

36 *24

36

I

60. 24

each 55

80

28

lb.

51

cach

pair * $2.20

each 25

口隸妹

GG INN Da sages GF 30.49

ཐེང ར ལྫོ་Ë

គ៖ទ៩គ រឺ នន៩ | | | | | | |

Fruits.

*

70

金山再菓

24

A

28 15

15 20

18

Cocoanuts

#

each 15

Lemons, China

10 10

梯樓

J

12

Beach 12.

-10

ib. 12 7

#

12 10

3

each 10,

B

#

ib. 40

30

24

Lichees, Dried

30 25 23

Oranges (Canton)

荔枝干 b

46 25 30

80

Oranges

新會甜報

»

11

#J

18

32

60 70

24

21

Pears (Canton) Peanuts

12

#

14

10

70

Persimmons, Large

12

each 12 8

7

Plantain

*

*

15 12 10

Puneto, Siam

each 18

12

46 28. 25

Walnuts

15. 18

Ib.

20 25 22

45

"

80

20 18

#

46 26 28

96 20 19

猪板

Sheop's Head & Feet.. per set 85

Heart

Kidneys.....$

Liver

P

Svet, Beef

Fremantle, Dec. 14. To make inquiries regarding the Catfish economics of the Australian agri- Codfish cultural position, Mr. K. Waiter Craba (secretary to the Horace Plunkett Cuttle Fish "Having regard to the fact that Foundation) arrived at Fremantle Dab Britain has had recourse to tariffs yesterday In the Orama. He will Dace

than any

on imports in a much less degree make a tour of Western Australia Dog Fish

other nation, Britain before leaving for the Eastern) Branches and Sub-branches all over should not be committed to the re- States and New Zealand, and within Eels, Conger THE YOKOHAMA SPECIE BANK, China and Correspondents in Europe, duction of any of its existing the next five years he will have Fresh Water

LIMITED.

Fatabilahzod 1880.

Capital (fully paid-up) Yen 100,000,000. Beserve fund ....... Yea 96,500,000

Head Offices-YOKOHAMA,

Branches and Agencies at: Alexandria.

Bombay.

Batavia

Buonos Ayres.

Calcutta.

Canton.

Changchun.

Newchwang New York. Osaks.

Peking.

Rangoon.

Rio de Janeiro.

Saigon.

Dairen (Dalny). San Francisco.

Fengtion (Mukden). Seattle.

Hamburg,

Semarang,

Bankow.

Shanghai.

Harbin..

Shimonoseki.

Hong Kong. Honolulu,

Kai Yuen.

Karachi.

Kobe.

London.

Los Angeles. Lyons,

Nagasaki. Nagoya..

Singapore.

Soernbaya.

Sydney Tientsin. Tokyo. Teinandu. Taingtas. Vladivostok.

(Temporarily closed).

Interest allowed on Current Accounta. Deposits received for fixed periods at ents to be obtained an application.

H. MORL

Hong Kong, 12th September, 1927.

Ltd.

M

Yellow

board is to collect data to be Harrings. directed towards the linking of the Halibut

13

80

00

Grapes

98 20 20

Artichokes Beans, Sproat

19

Long

Best Root

ུཙྪཱསྐ ཱཿ ཧྨ} ༑ |2|༅སྐྱུ| |

*****

| |

S.ORG [8.8 [[| !

Vegetables, &c.

each 10

lb.

5

7

"

14

8

10

8

7

Б

6

ཆ་

12

(Medium). # each 10

(Small)

Chillies, Dried

Rod

Curry Stuff, English...

Green

8.

| | | | | * * * * * # | | * | | *| |***;

Mutton

Saurages

No. 1..

Fish.

Barbel

Ib,

55 19

24

Bream Canton Freak Water Fish Carp

80 20 16

Bitter Squash

「塘您客 城淡)

Brinjala, Green

海鮮

#

24

13

18

Red ..

18

37

27

Cabbage, Chinese

71

12

0

(Shanghai).

36

20

25

Cane Shoots, hunch...

45

"

28 26

Cauliflower (Large)

+

18 2

23 10

***

is

12

20

Carrots

諾轉菜花

10 21

B

10

Celery, Chinese

$ lb.

8 6

30

*

16

9 10

10 10

25 26

26 30

紅鎳椒

15

32 25

14

75

#

40

30

Cucumbers

架匯材料

10

8

#

22 18

Garlic

10 2

"

18

28

Ginger, Young

"

8 6

18.

16

8 7

JJ

22

18

8 10

"

45

Horseradish, Shanghai.

22 24

82

21

Indian Corn ....

25

8

8 45

Lettuce

20

28

0 1

.80

18

Water Chestnute .....

10

13

2

18 22

14

9

Mandarin. B Masbrooms, Fresh 鲜炸啦 Okroea

*12-

15

1.10

28 2015

18

4

班盒

40

85 86

.46

20 29 80 86 45

上海家姐

Parsloy

90

10 14

10

.14

13 18:

Pumpkin

28

22 18

Radioh

04

86. 30

Rhubarb (Fresh)

Shallots.

101

8 10

Spinach

12

10

10

Tomatoes

3280 26: 85

Тагов

18.

America, and other parts of the world. tariffs until there is not only a gen- visited every portion of the British

London Bankers: The National Pro eral acceptance of the principle of Empire in search of information Frogs vincial and Union Bank of England, equal conditions in the matter of required by the Empire Marketing Garoups The Guaranty Trust Company of Import duties, but positive evid Board, London. The object of the Gudgeon New York.

ence that the chief trading, coun- New York Bankers: The Irvingtries are prepared to give effect to National Bank.

this principle by reduction in their food-producing Dominions and brus The Equitable Trust Company of present tariffs."

colonies with the English market.

Losch.. New York.

This sentence sums up the tenori

On the way to Australia Mr. Intercat allowed on Current Accounts of a letter signed by Sir John and Fixed Deposits. Terms on applica Corcoran, Director of the National tion.

Every description of Banking Busi- Union of Manufacturers, and Bent ness transacted.

to Sir Philip Cunliffe-Lister, Presl Loans granted on approved securities. dent of the Board of Trade. Special facilities for Home Exchange.

SHOU J. CHEN,

Manager.

THE BANK OF CANTON, LTD.

Established 1912.

Head Office: Hong Kong.

Authorland Capital (HK, Currency)..... 11,000,000 Paid Up Capital

*** 1,014,200 Reserve Fun..............

BRANCHER Sam

1560,000

Canton, Shanghai, Hankow, Kwazów, Bangkok New York and San Francisco,

ALONDON BANKERS:--

The Lloyd's Huak Limited.

COREKSPONDENTS

Emall principal cfiles of the World.

"Forsiza "exchange and banking businam of erary description franakutečn

"Safe Deposit Boxes (esztowa simon) no n'yanely remiat et from $5 to $40,

···LOOK POONG SHAN,

A Chief Manager. Bong Kong, 19th February, 1927. -

ARMCHAIR EXPERTS.

Walter toured through Ceylon, and Lobsters he said that the board had selected Mackerel Australia as the country in which Monk Fish to commence the major portion of Mullet his studies, because it was con-Oysters

sidered that it was most important) Parrot Fish that a proper understanding of the Perch economic position of Australia Pike should be obtained. The board wanted to know how Australia was

Plaico

Lord Jolcey, speaking at the developing her rural districts, and Pomfret, Black Newcastle Chamber of Commerce, what encouragement was being Pomfret, White said he did not think that any of given to persons to settle in the Prawns. the schemes put forward by arm-land... chair experts who had no know-

Ray

It must be realised by city dwol-

ledge of the industry would solve lers that the prosperity of the Rock Fish the difficulties of the coal trade, country depended upon agricul Rosch which was now in a position he tural enterprise British people Salmon had never known in sixty years' wanted to buy all their require Shark experience of it.

ments in the Dominions, but at pre sent there was a shortage of pro-

Skate ducts within the Empire. It was obviously In the interest of the Em- Snapper pire that Australia's products Sales should find a ready market, so that Ten the Australian standard of living in Turbot own and country might be maint tained.

U.S. BANKING.

Chicago, Yesterday. The Federal Reserve Bank has raised the re-discount rate from 3 to 4 per cont-Reuter's Ameri- can: Service."

Shrimps

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Onions, Bombay

Green

Shangbal

Potato, Sweet ·

Japanese 日本行

American

Turnipa, Punti (Long

Vegetable Marrow

Water Cross Water, Lily Root

8

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