1928-07-11 — Page 2

HONG KONG AND SHANGHAI

BANKING CORPORATION. · ́

Authorised Unpítal

+86-21-680,000,000

Inmond and Pully Paid-up - 990,100,000 Baser Tunda —

Berlag, amusnanam£ 6,500,000- Bilter

|| 14,000,000

Hooarte Tdability of Proprietors ...............$10,000,000

HEAD OFFICE. HONGKONG.

COUET OF DIRECTORA :- a. Domgion, Esq.

W, H. Dai, Esq.

Chairman.

M. B. Drown, Esq. Deputy Okalemia.

W. L. Patienden, Xeq. Bon. Mr. 1. D. V, D. J. A. Plommer, Esq. Hon. Mr. O, Q, 15. Mackie, T. 3. Weall, Eng

EE, P. White, Esq.

Chief Mungu

Hon. Mr. A. C. Uyum

AMOT

~BA NO KOK

BATAVIA

BOMBAT

CALOUTTA

CANTON.

OXF

COLOMBO

DAIREN

FOXHOW

HAIPHUNG

JAXBUBO

HANROW

HARDIN

HOHOREW

ILOILO

rox

JOHDAY

KOLE

BRANCHES —

KUALA LUMPUR

LONDON

LYOZN

MALACCA

MANILA

MOUKDEN

NAGASAKI

NEW YORK

РЕБЕКО

PENANO JANODON

HAIGON

"

·BAN FINANCIBOO

BHANGRAI

SINGAPORE

SOUJABAYA HUNGRI PATAHI TIENTBIN

TUKYO

TRIKOTAO YOKOHAMA

Currex Aroute op Local Dureact wad Pundepresia received for one pur, i shorter periode val Gormancy and Harke

arm whirts will be quued on application. Hong Kong, a Juan, 1996,

行銀商工法中

BANQUE FRANCO-CHINOISE pour le

Commerce et l'industrie. (Incorporated la France).

Prince's Buliding, Chater Road, Hong Hoar.

_KRAD OFFICE: 74, Rue St. Lazare. Paris.

Capital fully paid up .Fro.50,000,000: Bpecial working capital .. Frs.60,000,000: Frs.22,319,000 Reserves ****

BRANCHES: Paris, Lyons, Marseilles, Salgor, Haiphong, Hanoi Tourane, quinion Hoả, Thánh hoa, Vinh, Pnom Penh.

Peking, Shanghai, Tientsin, Hor

COTTON MARKET.

LANCASHIRE'S EFFORT TO RECOVER LOST GROUND.

ROCK BOTTOM PRICES.

THE CHINA MAIL,

COMMERCE

FINANCE.

AND

holders.

WEDNESDAY, JULY 11, 1928.

HONG KONG TIDE.

The tide table given below has been

at the Kaulung

to auditors was not strong enough, with regard, to the powers and as they were only required to state, duties of auditors was satisfactory, "whether or not they had obtained- and that, it would be a mistake to all the information and explana- | attempt further, to define these by tions they had required." Even statute, having regard to the multi-obtained by aid of the Tide-predicting where auditors' were not satisfied farious circumstances which in Machine, which includes 40 components with certain items, their reports practice arose. If they attempted for the better prediction of tides, from contained only a vague reservation | to lay down a list of duties the au- the result of the analysis of the tidal which might mean anything or ditors ought to discharge they were observations, taken The growth of Great Britain as nothing, and was usually quite un-not going to heighten the standard tidal observatory under the direction a creditor to the world has taken intelligible to the ordinary share which auditors accepted, but they of Dr. Dobarck during the years 1887,

If, as was suggested by were going to make their job much 1888 and 1889, place over a long period of time. In fact, the beginning of British responsibla City editor, auditors more difficult and the discharge of The times and helghts are given for foreign investment took place over were afraid to make properly in it on the whole more unsatisfactory. Kaulung: but they may be used for 300 years ago. Not until, the first formative reports because they Under the amendment the audi- the Victoria Naval Yard and Aber- part of the 19th century, however, might lose their jobs, it was high tar would become a new depart-deen, the differences being very small: did the British money market, at time that a statutory form of cer- ment of the company, and his job

The times of high-and low-water tain international Importance; the tificate was laid down, both in the would be to be a court of review, must not be considered to coincide Napoleonic wars with the resulting interests of the shareholders and not only to ascertain the facts of with the times of slack-water and impoverishment of Europe gave the public and of the auditors them the company, but to decide whether change of current, the two phenomena the leadership in international An-

their polley was right or wrong.

being quite distinct. Government's Reply.

Auditors would be in the same po- Great Britain exercised a powerful influence in developing amendment cast a wholly unwar

Sir P. Cunliffe-Lister said the altion as a committee called upon

to report upon a company. the world's natural resources by ranted reflection upon a very great A joint syndicate of manufactur-

with and distinguished profession. Ac era, merchants, dyers and bankers supplying other countries has been established with the in-funds for such fundamental enter-countants and auditors were men of Every description of Banking and tention of producing certain cloths prises as mining and later on for the highest pasaible atanding and amendment imposing on auditors Fr. Exchange Business Transacted. Coron a bulk scale at rates enabling expansion in Great Britain's for high sense of duty. They did not reports or to draw attention to any rallway construction. The steady ability and were actuated by a very an obligation to set out in their them to compete with the Japanese elgn loans is shown in the follow-feel themselves governed merely by items in a company's balance-sheet sun. fabrics.

Attention at present is being con- ing table:-Estimated British In the letter of the law. They re for which they took no responsibi- centrated on dyed cloths, of which vestment in foreign securities-

gard their onerous work as a high China uses between fifty and sixty

duty, and discharged it to the beat This was resisted by the Govern- Tues. 10. m 330 4.4m 7 million yards a year..

Kong.

BANKERS:

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

Exchange ÎNEW YORK:-American

Irving Trust Co., Banca Commer ciala Italiana.

SAN FRANCISCO-Bank of Italy.

respondents throughout the world.

A ROLLIN,

Managor. Hong Kong, 18th April, 1928,

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

London, Yesterday. The "Times" Manchester correa; pondent saya that strenuous efforts are being made in the Lancashire cotton industries to recapture for eign trade. The first market to be tackled is China, where Japanese competition is most severe.

!

For the production of this material the interests concerned Incorporated by Royal Charter, 1863. are doing their share of the work HEAD OFFICE: LONDON. jat rock bottom prices, and several Paid-up Capital

23,000,000|enacs have already been shipped to Reserve Fund...

£4,000,000 China and auctioned at good prices. HONG KONG SAVINGS BANK.-Reserve Liability of Proprie

£3,000,000 Many firms have entered guaran-

The Businow of cle above Bank ooidock

MAN HONGROND AND BLANGUA

CORPORATION. Kuten may be

obtained an application,

VOR THE HONGKONG • GILANDDA! DANCING CORPORATION.

A. C. HYNES,

Chief Masager.

Boag Boog, 13th Beplimbat, 1937.

NEDERLANDSCHE HANDEL

MAATSCHAPPIJ.

(NETHERLANDS TRADING 600LET!)

BANKERS.

Dazublished 1824.

Bong Kong Đếon:--11 Qungu'n Bond Canizal,

Authorized Capital in Coildare 150,000,000- [£9,500,000.) Guftlens 10,000,000. Paid Up Capital

{£8.504.870.) Bare Food Cutlery 40,000,000

(£5,301,850.)

[1-(ANFTERDAM”). Kalari Bend Ore:-BATAVIA. · BRANCHES -Handperenain Bertung) Bombay,

Calcatta, Chazibon, Jiddah, Dember, Doljskaria). The Hague'l, Zobe, Kata-lindje, Mahavier, Midan, Padang Palembaga Unixluagan. Ponadg Fontanaak, Stang, Bokterdato'), Nomalang)

Sibolga Borstarte

(uma) Rosen,

(Rolo), Tayal, Tietjap And With adu

*| These silosa Isara este deposit barm to le London Bankers-National Provincial Bank Ltd. Correspondente all over the world Linkit businem i urz description transseted.

0. STEENSTRA.

Kong Hong, th July, 1927,·

idanaque.

BANQUE DE L'INDO-CHINE.

HEAD OFFICE:

06, Boulevard Haussman, Paris.

*

Subscribed Capital Frz. 72,000,000,00 Pald-Up Capital.....F. 08,400,000.00 Reserve Fund....Frs. 89,884,619.10 BRANCHES:

Bangkok Hanoi

Battambang Hong Kong Saigon

Dantho

Canton

Mengtzo

Quinhon Shanghal

Nam Dinh Sinraport Dijbouti Noumen Tientsin Fort-Bayard Papeete Tourans Haiphon Peking Vinh Hankow Prom-Penh Yunnanfa

Pondicherry

DANKERS:

tors

Agencies and Branches:

KUCHING MADILAS

АТОМ ВТАН

(Malay Bra}}

AMBITKAN

DANGKOK BATAVIA BUKDAY CALAUTTA CANTON CAWNPORE DEBU COLUMDO DELHI

HAIPHONG

HAXBURG

HANKOW

HỒNG TỔNG

ILOILO

HARBIN (N. Manduria)

JPOU

KARACHI

KLANG

KORE

KUALA KANGBAN

|| Parak (13,15.)...

KUALA LUMPUR

MANILA

HEDAN NEW YORK PERINU PENAND VESUA WAR BANGDON PATION

HEMADANG SEREMBAN

MIANOWA

SINGAPORE KOURABAYA TAIPING

(F.N.8.) TAVOY TIENTSIN TOKYO

TUNUKAI! (Blaket).

TSINGTAO YOKOHAMA ZAMBOANDA

[hippins Intende) ·

Foreign Exchange und General Bank- ing business transacted.

Current Accounts opened and Fixed Deposits received for 1 year pr shorter poriods at rates which will bo quoted on application,

A. H. FERGUSON,

Hong Kong, 3rd April, 1928,

Manager.

tees to stand any loss in market. ing the goods. It is intended later to work on a mass production basis, -Reuter,

Short-Time Proposal. The Masters' Federation, owing to the fact that only 79 per cent. of the American Cotton spinners' having noted in favour of half- time have decided to abandon the short-time proposal.-Reuter.

GREATEST CREDITOR

OUR CAPACITY FOR LOAN EXPANSION.

Great Britain its chance to assume selves.

ance.

1872 1881

1890

1896

1907 1910

5.5 billion dols. 8.2 billion dols. ..10.0 billion dola.

.10.5 billion dols. ....13.5 billion dols.

..15.3 billion dola. 1913.10.2 billion dols. 1027 ....20.0 billion dola

Early British Investment in U.S.

The amendment was negatived. by 21 votes to 6.

Mr. Locker moved a further

Ilty.

of their ability. The Greene Comment as being unnecessary, and it mittee had considered this matter was rejected by 38 votes to 9..

DATE

July

Sat

July 6 to 12, 1928.

HIGH WATER LOWER WATEE. Bandard

Standar Time

Times

7m 1183.8

919.

Ht

Bt

086 3.83 48

I. ទ

2010 347.8

0.4

TO 4 $8

3.8

1 11 39 7.3

u.7

8 1 1 63.9

Mon. Din B 44 4.2 018 20

8 47

9.3

† 68 a 1.1

5.4

1.6

3,4

8 27m 6.5 9 37 Wed. 1 m 1440 品 40 | 32

48 3 to 49

10 26 & 2.4 m 11 39 € 639a 14.8 m 11 13 2,H

9.0

in great detail, and they came to The Committee then adjourned. Thurs 12 m 4 67 5,5

the conclusion that the present law!"Manchester Guardian."

HONG KONG

The United States in particular has benefited by British invest- ments and not even the war of In- dependence, or the War of 1812 checked for any length of time the flow of British capital to America. In 1896 this British. investment in the United States amounted to 1,500,000,000 dols.; in 1910 Sir Beef. Sirloin George Palsk estimated the total Prime Cut

Corned at 3,440,000,000 dela. A large' part of this enormous sum tributed by Great Britain in the first half of the 19th century shortly after the colonies had broken away from the Mother Country; the economic strength of the 13 States was indeed aided by British capital,

was con-

GROWTH OF CAPITAL.

In a paper before the Royal Statistical Society in December, Before the war Great Britain's 1910, Sir George Paish made an in- investment in foreign securities teresting review of the British In- was conservatively estimated at vestment position. He pointed out THE BANK OF TAIWAN, LTD. something like four billion pounds that up to the end of 1907 Great

(TAIWAN GINKO),

HEAD OFFICE:-Taipeh, Formosa,

Incorporated by Special Imperial

Charter, 1899.

Н

#

Roast

1

Breast

21

Soup

2

Steak

貔

KONG MARKET PRODUCE.

1928. 1919. 1914.

Capons, Large ....

Eggo, Hen

(cooking)..

Eggs, Hen (frmah)

**

Cts. Cia. Ctu.

- цово

10 21

28 30

APPROXIMATE RETAIL

PRICES.

Rutcher Meat.

Poultry.

June 1, June, June,

June 1, June, June,

Cta. Cts. Cla.

1028. 1018. 1914

4 C

23

26 1

Chicken

28 28 11

Н

N

23

12

Capons, Small

28

24

Duck

24 20 18

Doves

16 20 18

28 24 *

H

11

40 80

85

40 28

20

Fowls, Canton

per set 15

10

12

Fowls, Hainad

Beach 65

Бо

60

Geera

60

Pigeons, Canton

$1.20

$1.20

#

1.

24

18

34 20

"

3

each 8 10

18 18

28 20

lb. 24

18

7 6

Steak Sirloin

Sausages

Bullock's Braine

В

Tongue, fresh.. 4

F

Tongue, corned

*

Kend

Heart

Hump, Salt

Kidneys *****

Feet

19

Я

Tail

Liver ".

Tripe

*

Leg

Shoulder

*

Baddie

申由抑肉价带怒扇面心村奔騰易肚 踏青早出席什心肝骨痹限神脚心肝拓油族與佛

·牛羊开

ון

1:|:ཞཱ ཌ ཋ ཨྰཿ སྐ བྷ སྐ

compared with about a billion and Britain had invested 6,560,000,000 a half for France and une billion dois in the colonics and India, and for Germany. The progress of 6,905,000,000 dols, in foreign coun- Great Britain as the greatest credi tries, making a total of 13,465,000, Calves' Head & Fest.. 4 set $1.20 $1.00 $1.00 tor nation of the world a position 000 dols. This capital brought to Matten Chop which she still maintains--affords the country an income of approx- an interesting illustration of what imately 698,858,000 dols, a year, or Central Bank in Formosa, Bank-Notes issued

might be called the continuing a return of 5:2 per cent. On the Average amount Yen 45,000,000 jcharacter of foreign investments, other hand, this was counter-

matter which is the subject of an balanced by new foreign barrow- Pig's Chillings article in "The Index," New York. Ings, which for 1908 were estimated Yokohama, Kobe, The article reads:-

at 725,297,500 dols. Had it not been for the war, it FORMOSA:-Giran, Kagi, Karenko,

Keelung, Makong, Nante, Shin-seems certain that the total of for chiku, Talcha, Tainan, Takao, eign loans issued by Great Britain Tamsul, Toen, Helto, Taito. CHINA Shanghai, Hankow, Amay, would have continued to mount at

Foochow, Swatow, Canton,

very nearly the same rate as in the OTHERS: Hong Kong, Singapore, past, and that as those loans were Boersbays, Semarang, Batavia, paid back, other foreign industries Bombay, Calcutta, London, Now would have borrowed. Before the enormous size of this investment York, Dairen.

war, Indeed, nobody expected any can be better appreciated when it LONDON BANKERS:

BRANCHES AND AGENCIES: JAPAN:-Tokyo,

:

Olaka

During the next few years Bri tish foreign Investments continued

+o

Brain

Fest

Fry

to

Head

Heart

H

Kidneys

猪

Liver

猪排

豬後

to increase. By 1910 Sir George," Paish estimated that the Mother Country had provided the sum of 7,770,760,000 dols. for the British Pork Chop Dominions beyond the sens. The

#

Log

H

Loin

Fat or Lard

*** EBBEERÉSBEER****FEKTE

The London County Westminster and decline in Great Britain's lending, is remembered that the population Sheep's Head & Fost.. E

Parr'a Bank.

As fast as some of the loans wera of many colonies were relative- The Bank has Carrespondants in the Commercial redeemed, Great Britain would ly small. To Canada, Australasia, Cease in the European Continent, Russia, Max promptly reinvest, the funds so ob- and South Africa, which possess cheria, Tringuo, Japan, Lado-Czím Bam, India,

Heart...

M

11

* Kidneys

*

Livr

Hailppine Thanda, Java, Afcios, C., Australia tained. Not only the interest and a combined population of about Sacking Figs, to under. H IN FRANCE: Comptoir National Lakers allowed sc. Curreri Ascounts, and Fixed sinking fund payments received by 20 million people, Great Britain Saat, Boat d'Erupta de Paris; Credit Lyonnais; will be on applice that country on its existing foreign supplied 6,500,000,000 dols. of Banque de l'aris et des Pays-Bas;} Credit Industrial et Commercial; Socistei Generale.

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

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

to

Interest allowed on Current Accounta and Fixed Deposits according arrangements.

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

CH. LEM,

tion, Deposita in Tea sóceptad,

HONG KONG BRANCH:

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

cumulated in London was reinvest- ed in this way.

J. IHARA, loana, but also fresh. capital accapital.

Manager.

AUDITORS' "DUTY,

AMENDMENT TO COMPANIES BILL REJECTED.

Barbel Brdam

Canton Fresh Water Fish.

THE BANK OF CHINA. 行銀國 中

(Specially Authorised by Presidential Mandate of the Republic of China on the 22nd of November, 1917),

+$60,000,000.00 Authorised Capital Paid-up Capital

18,278,000.00 Reserve Fund

0,629,426.24

HEAD OFFICE: PEKING.

HONG KONG BRANCH:

4, Queen's Road Central Branches and Sub-branches all over THE YOKOHAMA SPECIE BANK, Chinx and Correspondents in Europe,

Manager.

Hong Kong, 1st May, 1928.

LIMITED.

Established 1880.

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

Yea 99,500,000

Head Office:-YOKOHAMA,

Branches and Agencies at:

Alexandria. Batavia. Bombay, Buenos Ayres.

Calcutta.

Canton.

Changchun.

Dairen (Dalny). Fenglion (Mukden).

Hamburg. Hankow. Harbin Euglen.

Honoluk Kat Yuen. Karachi. Kobe

Lenden.

Los Angeles.

Lyou","

Marlia

Nagasaki

Nagoya

Newchwang. New York Osaka. Peklag. Rangoon. Rio de Janeiro. Saigon. San Francisco, ^. Seattle.

Semarang. Shanghal Shinonom

Singapore. Boerabaya.

Sydney. Tientsin Tokyo.

Tsinanfu. Tsingtau. Vladivostok

(Temporarily

(closed), -:)

"Interest allowed on Current Ascents,

America, and other, parts of the world, 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.

THE MERCANTILE BANK OF INDIA, LTD.

HEAD OFFICE

15. Gracechurch Street, London, E.-08.

Authorised Capital

Subscrihed Capital

Paid-up Capital

.£3,000,000 1,800,000 1,050,000 Reserve Fund and reat. 1,684,846

DANKENA

The Bank of England Midland Bank, Ltd.

Bangkok Galla

Flatavia Hongkong

BRANCHRS:

Kuala Lumpur

Rangos Kuantan (Pahang) Shanghul Madma

Mitt

離:

Holhow

Turkeys, Cock

Turkeys, Hen

Salpe

Pheasant

Quail

Partridges

Almando

Applen (California) Bananas (bride's)

Carambola Cocoanuts

Lemoni (America)

Lichoes, Dried

Oranges

lb,

46 26

"

46 26

44 24

48 -

30

17

Por set 8

b. 15

15

"

29 16 18

15

20

each 15

10

Lemons, Chine

15 10

1J

1b.

48 80

34 25

»

84

38

30

#

-24

21

per zet 90

80

each 12 8

12 16 48 26

ib.

20 25

22

80 20

20

80 20

82

28

28 1928 SIRTAN 2: * 8 ||

25

..

ib.

鹤

11.

45

翘

55 28

45 22

17

30

21

22

21

per doz. 82

18

新鲜猫蛋

Tr

26

20

* lb.

70

38 24

40

11

36

24

*

'45 24

24

白湖

cách bồ 80

F

30 28

b.

#

60

51

each

pair

sach

海線把3班森奇本海白酥火火沙山美地

Fruits.

E 15. &LÆR

·香港

"

9987188294 2888111!

70

24

ུ རྞ སྶ

ន∞ |

8

36

24

18

em

cach la

10

10

ib. 檔案

10

25

80

金山排恒 cach 荔枝干

8

8

1b

+

Oranges (Canton)

Pears (Canton) Peanuts

Persimmons, Large-

Plostain

Pamelo, Siam

Walnuts Grapes,

·新會出糭

44

ཤྩ a | |

ឌ∞ |

លីន

20

28

18

14

5

|

10

12

g|༞ | །

Ù | ង 2 ]

eich 16 12

--16

1b. 16

Vegetables, &c.

Artichokes

eich 12-

Beans, Sprout

#

B.

Long

10

15

8

顧

12

71

24

20

Beet Root

Bitter Squash

Brinjale, Green

Red ...

書

ས བ ུ སཋཋ ༄} ||}

Mutton

Veal

Savinger

No. 1..

- Fish.

1b.

19 24

20

16

25

13 16

18

27

"

Cabbage, Chinese.

.12

9

(Shangbal).

20 26

23.

20

18

2

23 16

20

Carrots

耕轉榮花

1b.

10

8

16

Chillies, Dried

響契?

10

10

18

Red

辣椒平

12

85

25

1,

15

28

80

Green

82 25

野花

40 30

Cucumbers

22 18

Garke

18

28

Ginger, Young

18

16

24

22

18

22 24

13

82 21

Indian Corn

20 26

'UNWARRANTED REFLECTION. Carp

Catfish The civil liability of company Codach directors who may be convicted of Crabs misdemeanour and imprisoned was Cattle Fish recently discussed by the Standing Dab Committee of the House of Com- Dace mone which is considering the Com-Dog Fiab cypantes Bill, A section of clause 33 Bela, Conger

Fresh Water provides that any director who, by

Yellow Every description of Banking and Exchange kul his wilful act, has. been the cause INTEREST allowed on Current Accounts at I Dess Transacted,...

Frog.. of any default by the company par seni, per sonum on Bally Balsome and pa

Garoups lard Deporte at retes that may be certslund Application.

Somly Howṛak Calcutta Kandy Colombo Karavu Delhi

New York

Peung

Bats Bhare Part Touls (Kaurities)

HOSOROND DRANCH,

1, Queen's Roid Cenizat,

Singapor

O. L. C. BANDES.

The Exquitable Trust Company of Hong Kong, June 5, 192. New York

- Interest allowed on Current Accounta

and Fixed Deposite. Termas on applica tion,

Every description of Banking Bust nosa transmeted.

Loans granted on approved securities.

should be liable on aummary con- Gudgeon viction to imprisonment for a term Harrings not exceeding six months or to a Halibat fine not exceeding £200.

Labrus 27.

Mr. Alexander (Co-operators) Loach... moved an amendment providing Lobsters. that a conviction under this section Mackeral

THE BANK OF EAST ASIA, LTD. should be prima facie evidence of Mank Fish

HEAD OFFICE: HONGKONG.

Epecial facilities for Home Ex-10, Des Voeux Road Central, Hongkong change.

SHOU Y. CHEN,

Manager.

Authorized Capital....$10,000,000 Paid-up Capital

5,000,000 Reserve

100,000 BRANCHES AND AGENCIES:---

THE BANK OF CANTON, LTD. Batavia Melbourne San Francisco

› Established 1912,

Head Office:Hong Kong.

Authorland Esplai (18. Curranol), ...-911,000,000 .6001.300 50,000

Hankow, Swalow, INDIA, New York må San Francisco.

BRANCHES (

Calton, Alauzbali

LONDON BANKESS:

CORESPONDENTS

In all-pulacijal olides, of the World.

changed making balans of

Deposits received for fixed periods Rie Depot feree: (various stone) at a guarig ́at rates to be obtained, on application:

H. MORI

Hong Kong, 12th Ma

LOOK POONG BHAN,

Kerage. Chief Manager, Hong Kong, 19th February, 1987.

Calcutta Canton

Haiphong

Paris

Osaka:

Feking

Bombay, Nagasaki, Seattle

New York Semarang Singapore Sourabaya Sydney Taipeh -Tientsin

Takyo

Honaluiu Kobe .. - Penang Kowloon Bangcon London Saigon Madda Stanghal

Farrespondents in all principal cities of the world..

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

SAFE DEPOSIT BOXES.30 lat

` KANTONG PO, - Chlet Manager. Hong Kong, 21st March, 1127. PALA

civil liability. He declared that the Hallet.... position of shareholders would be Oysters very materially altered If the Farrot. Fish amendment were accepted.

Perch

The Lord Advocate said the pro- Pike position was a stattling one. The Plaice. questions of civil and criminal la Pomfret, Black bility were in no way Inter-depand Pamtret, White ent, and the Government could not, Paw therefore, accept the amendment, Ray

which was rejected by 17 votes to Bock Fish

Bosch

4.

Salmon Shark

On the section relating to the powers and duties of auditors Mr. Alexander moved an amendment Sk providing that the balance sheets and statements of profit and loss S of companies should be presented In accordance with the requirem ments of the Board of Trade. He Turb said that the present law relating

***

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