1928-08-28 — Page 2

China Mail 德臣西報 中國郵報 All

HONG KONG AND SHANGHAI

BANKING CORPORATION..

kuthorized Capital

$8,000,000

Loved and Yelly Paid-up winners ||30,000,000 Mosorri Funda 1-

Ehitling memiz Bilver

1,000,000 14,000,000

Bassen Kuhllay of Proprietats mm. §30,800,866

HEAD OFFICE, UGNOROKO

COURT OF DIRECTORS,—

A. II. Compton, Maq- Uhairman.

N. 9. Brown, Zaq.

Deputy Chairman,

W. EL, BD, Raq,

W. L. Fattendon, Reg.

Man. Mr. G. O. 8. Maskia. T. §. Waall, Kag-

EL. P. Wait, Kay,

זמין

Chiel Manage

Hon. Mr. d. C. Hyəm.

BRANCHES

MANGKOL

BATAVIA

BOMBAY

LONDON LYONB HALAUGA! MANILA

CALGOTTA

KOVEDEN NAGASAKI

FENAXO

BANOOOK

行銀商工法中

BANQUE FRANCO-CHINOISE pour le

. Commerce et l'Industrie

(Incorporated in France).

Prince's Building, Chater Road,

Hour Hong.

HEAD OFFICE:

-:

74, Rus St. Latare, Paris,

Capital fully paid up....Frs.50,000,000 Special working capital ... Frs.50,000,000 Frs.22,310,000

Reservas

BRANCHES:

Paris, Lyons, Marsellos, Saigon, Enphong. H nói, Tourane, Guknbon Hus, Thanh-hon, Vish, Pnom Penh,

Peking, Shanghai, Tiantain, Hon Kong.

DANKETS:

ciale Italiana.

THE CHINA MAIL,

COMMERCE

AND

FINANCE.

WOOL MERCHANTS. | ECONOMIC SURVEY.

AND

A CLAIM

COUNTER-CLAIM..

KEEN EXAMINATION.

INDUSTRIAL AND FINANCIAL

· SITUATION.

CAITON

NEW YORK:-American Exchange

GELFOO

FSW.TOBE

COLO

FRKING

DARE

POLOKOW

peared as the defendant Irving Trust Co., Banca Comer claim for £3,750 by Mr. SAN FRANCISCO: Bank of Italy. Towler, another Bradford

'merchant,

to a

the Peace Maintenance

Fred

wool

EZAIPHONG

BATOON

HAMBURG

SAN FRANCISCO

HANKOW

BARDIN

BINGAPORE

KONGLEY

BOURABAYA

ΠΑΠΑ

HUNDKI PATANI TIENTSIN

JOHORI

KOD

KOALA LUMPUR

BISANG HAL

YOKYO

TSINGTAO

YOKOHAMA

Demat Agrovals opened a Local Currency

Fad Deposite recaited for qua yane W slona perioda in Local Cernay and

which will be quoé) on spolloniiON. Bang Long, th June, 1990,

HONG KONG SAVINGS BANK,

The Balzone of iba shore Bank is undock a bộ nhớ HONGKONO AND BANGHI BANKING CORPORATIOR. Bales may be miskinai on application.

FOR THE HONGKONG SHANGHAI

·DANKING DORPURATION.

A. C. HYNES,

Chial Manager,

Hoes Love. 13th Septemba, 1977.

NEDERLANDSCHE HANDEL

MAATSCHAPPIJ.

(HKTHERLANDS TRADIKO SOCIETY)

BANKERS

A

Established 18."

Hong Kong Ufos:-11 Qua's Bond Contex

Authorial Capital ..................... Crider 150,000,000- (#13,000,000) eud-Up Caplial

Oxide 80,000,000- (20,008,876) Mowers Fund. Gulidae 40,000,000- (41,853,888.)

Bid uffice:--(AMSTERDAM"). Essvern lisad Offor-lâTAVIA, MAANCHES:-Bandjermain Bandong') NomÂNT,

Calcutta, beribos, dab, Utember, jokjakarta'). The flague'), Ko Hora Hadja, Maksızar, Miden, Padang Palembang. Prislongas Pros Pontianak. Rangoon, Botterdam i Batang), Bhanghai, (Buriak), Bob Boar

Tylatjap

(Bola), Wellerada

** Thou allena'kare safe depois bozné ta les

104

Lanion Bankers :-National Provinzial Bank Led.

Corespondente si ow world

-Banking business of every description treated.

O, STEENSTRA,

Ang Kong, 10th July, 1979.

Hanager.

·BANQUE DE L'INDO-CHINE.

HEAD OFFICE:

40, Boulevard Haussman, Paris.

Subscribed Capital.. Fr. 72,000,000.00

Reserve Fund

Pakd-Up Capital ...Ezz. 68,400,000.00 Fr. 89,884,519.10 BRANCHES: Hanoi

Quinbon

Shanghal

Battambang Hong Kong Saigon

Mengtze

Nam-Dinh Sar par

Nonmaa Tientsin

Bangkok

Lanthe

Canton

Dijbooti

Fort-Bayard Fapeate

Haiphong Peking

Vinh

ALMAKOW

Pnom-Pooh Yunnanh

Pondicherry BANKERS:

Tvarana

There was a counter-claim by which it was contended that Mr. Towler had represented that he would be personally responsible for the provision of funds to meet a bill.

picking up of quotations with" the onset of the export season does

TUESDAY, AUGUST 28, 1928.

LAND SALES.

“YESTERDAY.

not seen to occur this year, the THREE, KOWLOON LOTS SOLD] larger amount of export bills be ing neutralised by the outdów” of funda abroad -- in consequence of the abnormally low rate of inter- est in the home market as contrast-

ed with the rising tendency fu the

United States.

BUILDING COVENANTS.

INCHCAPE'S £10,000.

MRS. HINCHLIFFE APPLIES FOR TOTAL BEQUEST.

MINOR CLAIMS.

W

Three lots of Crown land at Kow loon were sold by auction at the received minor claims in connection London.The Public Trustee has Public Works Department yester with Viscount Inchcape's gift of Both exports and imports show day. Each lot is loased for. 76 210,000, in respect of small debts ed a decrease during June as com years and is subject to the usual incurred by the late Captain pared with last year, the figures building covenant by which the Hinchliffe. being Y,148,610,000 and Y.170,437,-

The solicitor says, that the sum involved in the minor claims does not excoed £100.

[An earlier message" stated:-

000 respectively as against Y.180,- purchaser has to expend not less

Mrs. Hinchliffe'a application for DEPRESSION NOT YET PASSED 150,000 and Y.187,482,000 for June, than $8,000 in rateable improve the total bequest is still the only 1927. The adverse trade balancements within two years. Detalls claim by a relative who has suffered In a civil action at the West

The political situation remains was thus larger, Y.26,827,000 in follow-

from the disaster. Kowloon Inland Lot No. 2,133; at Mr. William In abeyance as before, but the ap-1928 as against only Y.7,246,000

The latest applicants are two Riding Assizes

proval on the part of the Privy for June, 1927. Altogether foreign Nathan-road, Mongkoktsui: -- aree small creditors of Captain Hiach- Clifford Gaunt, a well-known

Council of the Ministry's recom- trade has not developed quite as 1,762 sq. feet, annual Crown rent Hffe and a cinematographer who FRANCE-Societe Generale, Banque Bradford wool merchant, and in-mendation for the issue of an Ur-satisfactorily as could be presum-$20, upset price $3,964.50-sold to photographed the machine before, Nationale de Credit, Banque de tereated in London theatres, ap-gent Imperial Adinance revising ed from the export figures until Mr. A. G. Pile, architect, on behalf the commencement of the flight. Paris et des Pays Bas LONDON:-Midland Bank Ltd.

485, Law has April this year which all showed of Mr. Wong Ming-iu, No.

According to the widow's solici- dispelled any immediate anxiety as increases, for this tendency bas Nathan-road, 2nd floor, for tor, the cinematographer claims to the fate of the Government, and been reversed during the following 36,864.50.

that he would have benefited if the there is now a prospect of a poli- months and the unfavourable bal

New Kowloon Inland Lot No. fight had been successful, because tical statue quo until the next ses ance of trade which was greatly 1,151-ares 4,634 sq. foot, annual of an agreement by which he was sion of parliament:

reduced early in the year has had Crown rent $82, upset price to receive a share of the proceeds of Every description of Banking and Exchange Business Transacted. Cor

Commodity prices showed a tendency to widen,

A

Then de- $5,792.50-sold to Mr. Ho Lal-hap, the film. respondents throughout the world.

slight decline during June, the incline in exports has been mainly No. 26, Hing Hon-road, ground -L. BERNIS,

dex for Tokyo averaging 172.88 as caused by reduced sales of raw floor, at the upset price. Manager.

New Kowloon Inland Lot, No. Hong Kong, 3rd August, 1928

against 173.63 for May. The de silk and cotton tissues. However, cline was of alightly less magni- reviewing the foreign trade during 1,152, at the Junction of Yu Chau- tude than the earlier rise from the first half-year of 1928 the un- street and Shek Kip Mel-street: London, July 31-Viscount Inch- THE CHARTERED BANK OF

April to May and was more pro- favourably balance" has been re-

ares 4,154 sq. feet, annual Crown cape has given the Chancellor of INDIA, AUSTRALIA & CHINA, It was stated that the parties nounced in producera' than in duced. more than 60 million yen,

had had many business transac- consumer's goods. The main fac-imports having been less by rent $28, upset price $5,192.50-the Exchequer $10,000 to be used Incorporated by Royal Charter, 1853. tions, and in October, 1926, a tor contributing to the weakness in Y67,278,000 as compared with the sold to Mr. Chan Kwai and Mr. for the benent of any other suffer- verbal agreement was made for a prices was the remarkable decline first six months of 1927. The de- Chan Shlu-man, No. 213, Praysers from the disaster in which the

Hon. Elsie Mackay died. .£3,000,000 renewal of financial transactions in raw silk which was heaving crease in exports has been small cast, 1st floor, for $6,292.

24,000,000 under which the present bill of than could be counterbalanced by in comparison being only Y.6,208,-

Churchill announced to-day that £8,000,000 exchange came into existence. It stiff rise in cotton yarn quota-000. It is noteworthy that the de-special loans account, this sum Viscount Inchcape, desiring that his

was drawn on the firm of Fredtions.

crease in exports was not due to having been cancelled against com-gift of £500,000 to the nation should Towler & Co., Ltd., now in liqui- Contrary to the fairly stabilised ja reduction in exports to China,pensation received from the Gov-not occasion any complaint from the dation, and of which company position, although at a low level, B sales to that country have erament for certain losses incurred other sufferers from the disaster, Mr. Towler was the managing of wholesale prices during these shown an increase over last year in granting special loans to banks had handed him a further £10,000 director. It was pledged with several months, retail prices have in spite of the political turmoil in Taiwan.

to be applied to meeting any com. the National Provincial Bank, continued to decline month after and the agitation against Japanese

Capital payments, for bonds, de-plaint, as Mr. Churchill might think who discounted it, and later it month since last October, when the moods.

bentures and shares during June fit. Mr. Churchill said he had was bought by the plaintiff, who index was 188.02.

to the Public were again larger than in May at handed. the sum thus became the holder and now June 15 was 180.61 as against Pronounced easiness was again Y.248,000,000. The greater part, Trustee for administration. It is claimed the amount and interest. 182.12 for May. The continued dé-the keynote of the money market, Y.146,000,000, was on account of noteworthy that Mrs. Hinchliffe, Mr. Towler denied the conten-cline in retail prices, which. Is, rates declining even below the debentures. The flotation of the when her husband's death was tion in the counter-claim.

however, less precipitate than dur-abnormally cheap levels of the pre-domestic portion of the debentures placed beyond doubt, wrote to Vis- Mr. Gaunt was cross-examineding 1926, is attributable to reduc-vious month. The minimum day of the Tokyo Electric Light Co. was count Inchcape pointing out that by Mr. Willoughby Jardine, EC., ed purchasing power of the public to-day rate declined to an average a great success, the issue having she and her two children had not who asked: "You are a gentleman especially the agricultural section, of 0.487 Ben (1.778 per cent.) as been oversubscribed with a very large interest in the which auffers from the fall in the are you price of rice and raw silk. Forced Foreign Exchange and General Bank-Bradford woul trade,

sales by retail merchants owing to not? ing business transacted.

lack of liquid funds are another contributing cause.

HEAD OFFICE: LONDON.

Paid-up Capital Reserve Fund Reserve Liability of Proprie

tors

Agencies and Branches:

ALOR STAX

“Day Basic)

AYRITÄAR ЛАКОКОК

BATAVIA

BOMBAY

CALCUTTA CANTON CAWNFORE► ORBU DOLOMBO DELAI

KUCHING

HADRAS MANILA VEDAN NEW YORK PEKINO TENA BO PESULAWAR BANDSON BALOON SEMABANO BERSHDAN BUANGHAL BINGAPORE HOUHADAYA

HAIPHONG

HANDUEG

BANKOW

HARRIN (N. Manoburia)

TAIPINO

HONG

CÙNG

(F.MX.)

HIJILO

TAVOY

IPOJ

TIENTSIN

KARACHI

TUKYO

KLAXO

TOÑO Hall (Dhuket)

XOD

THINGTAO

KUALA KANGSAR

YOKOHAMA

Tank (2:36.8.)..

ZAMBOANDA

KUALA LUMP

(Philippine Islanda)

Current Accounts opened and Fixed Deposita received for 1 year or `ahorier' periods at rates which will be quoted on application.

H. FERGUSON,

Hong Kong, 3rd April, 1928.

Manager,

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

I

Defendant: Moderately. And in Australia? I have some shares in some mills, in Aus- tralia.

And in Canada?-I have some shares in mills there, too.

Large controlling interests in

there.

The figure on

THE SILK TRADE.

The slump in raw silk during June, was the more remarkable in that it occurred on top of the even

FINANCIAL SITUATION.

compared with 0.533 sen (1.945 per cent.) for the previous month and 1.61 sea (4.227 per cent.) a year in the discount market, the average declining from 1.110 son (4.061 per cent.) to 1.067 sen (8.895 per cent.) | Both rates are new records in this country and a continuance for some time at least of these rates is

more than been provided for.] twenty times. This success as well as the continued active demand for bonds, the yield of which has again declined, reflect the eagerness of Investors to take up securities.

Quotations for. Industrial shares which showed an advancing ten- dency early in June took a sudden spurt towards the end of that

Canada?-I only control one mill heavier depreciation towards the foreshadowed by the fact that the month. The average, for 50 indus- end of the previous month. The discount rate which started with trial shares rose from Y.66.47 for average for "Salyuto" spot declin-1.10 sen (4.015 per cent.) early in the previous month Y.69.20. The ed from Y.1,888.52 to Y.1,240.60. the month gradually went down to average New slik, which made its appear-1.03 sen (3,769 per cent.) at the end The average of daily transactions a year ago was Y.68.78.

This decline of in- increased from 82,210 to 192,600 ance after June 20, barely fetched of the month. Y.1,280,-on the market. though the total arrivals of raw tional.in view of the usual require

Al-terest rates in June is quite excep- shares. silk in Yokohama and Kobe showment of funds at this time of the

Have you not large interests HEAD OFFICE:-Talpet, Formos. in and own hotels and theatres in

London?--I have no hotels.

What is your interest in the Savoy?-All I have in the Savoy is about £75 worth.

Incorporated by Special, Imperial Charter, 1899,

Central Bank in Formosa. Bank-Notes Issued

Average amount ........... Yen 45,000,000

BRANCHES AND AGENCIES:

Osaka. PORMOSA:-Giran, Kagi, Karenko,

JAPAN: Tokyo, Yokohama, Kole,

·Soɑrabaya, Semarang,

Have you not until recently dealt largely in theatrical ven- tures?--No.

Have you not large interests in theatrical concerns running into

pared with 62,87011⁄2

BUMMARY AND OUTLOOK. It would be premature to identify

ed a decrease to 55,975 coll at com-year in account of the half-yearly the large totals of monthly capital coll a year settlement. Increased withdrawals payments with a growing activity ago, the total stock increased to of deposits from the central bank in the economic situations. These 18,333 coli as against 14,690 coli were mainly responsible for the payments are mostly for debentures a year ago reflecting the diminish- many thousands of pounds even

It would not be putting it too CHINA:-Shanghai, Hankow, Amy, low to say that you have beati a

Foochow, Swatow, Canton. OTHERS: Hong Kong Singapore, leading figure in the Bradford Batavia, wool trade? I do not know about Bombay, Calcutta, London, New being a leading figure. York, Dairen,

Reputed to be the owner of The Lordon County Westminster and several millions? Well, repute is

always misleading.

LONDON BANKERS:

Parr's Bank.

The Bank Correspondents is the Commercial

Philippine Islands, Táva, Aries, Viška, Austria, Interest Allowed on Current Accounts, nad Food IN FRANCE: Comptoir National | Deposit at mine which will be quoted on applita d'Escompte de Paris; Credit Lyonnala Mo Deposite in Inn cas be

cepted. J. IHARA, Banque de Paris et des Payn-Ban;

Manager. Cradiš industriei et Commercial; Bociate Generale

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

HONG KONG BRANCH:

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

38,820

bales

You have had the sheriff in price, the average, quotation for month showed an increase by about ushered in by the financial crisia has

your house?--Yog.

Have you been late in meeting your obligations for months past? I have always been able to bridge the difficulties.

THIS BONNY BOY

Mr.

Once Very Delicate And Weak.

Baby's Own Tablets

Made All The Difference.

Eselung, Makong, Nanto, Shin- now?-Only running into thou-ed scale of sales this year which easy money market in June, al-issued to convert earlier loans were mainly due to greatly reduc- though the underlying fundamental raised at a higher rate of Interest. chiko, Taichu, Tainan, Tako, sands.

ed exporta.

Exports of raw silk causes of the abnormal rates during The spirit of enterprise has not yet Was Tamani, Toen, Heito, Taito.

during the month amounted to the past few months are, of course, revived to a sufficient degree to of A value of much deeper and have been explain-initiate a definite expansion of in- 50,641,000 yen as against 43,048 ed in previous Circulars, Deposits dustry, nor can a revival take place. bales and 59,269,000 yen for the of city banks with the Bank of considering the fact that at present, previous month and 45,888 bales Japan at the end of the month de-in view of the reduced purchasing year ago. creased to Y.245,000,000 from the power of the public, every slight and 67,697,000 yen a In view of the recent decline in record amount of Y.688,000,000 in increase in production is at once reflected in a weakening of prices,

No wonder Mr. Lu Tao-cheng, of It is not misleading to say that prices silk reelere of a certain dis- the middle part of May.

According to the Tokyo Clearing or at least prevents quotations from An Cheng Hutung, Woat City, Pe Canks to the European Cochineal, Bussis, as for months past your financial trict have agreed to curtail pro-

a proud grandfather! Taikhao, Japan, 18, position has been desperate?duction to some extent.

House returns, the amount of call reaching a level more remunerative king, is

Look what a fine little fellow his to producers. No.

Rice showed a light advance in loans outstanding at the end of the

Another algn that the depression 2 year old grandson is!

"My grandchild, Pao Pao (which middling for spot delivery being Y-86,000,000 over a month ago. The

30.02 or against Y.30.79 for the total is, however, much smaller than not yet passed is the fact that the means the Precious one') was very previous month. Both quotations in previous years, with the excep has been considerably reduced and in his native Chinese, "When the movement of goods by warehouses delicate and weak," writes Mr. Lu, are far below the level of 138 to tion of last year when the full that traffic in goods by railway has little man was 6 months old he fre- 39 which ruled a year ago.

effects the financial crisis were Cotton yarn quotations during being felt. In consequence of the also witnessed a decrease recently, quently got troubled with Indiges The stock market has, it is true, all proved unsuccessful until tion. We gave him physics, but June, showed a further advance increase-in-call loans the day-to-day turned rather active of late, but Ilvery being Y.236.38 as against wards the end of the month.

sustained by nothing more tangible him that now he is not only free This action might very well.232.32 for the previous month

BANK OF JAPAN.

than abnormally cheap money rates of afiments, but stronger and a year ago. The prove to be the last straw?--No, and Y.222.80 on the 22nd of November, 1917), er I would not have been here if buoyant situation on the new cot Japan increased to Y.1,462,655,000 and prove beneficial through the difference in the boy's health be The note issue of the Bank of The low money rates may in the healthier than ever before. The ... ton market was the chief reason Authorised Capital ...$60,000,000.00 I thought that.

Cotton tissues ad- at the end of the month coming thespening of production, but time fore and after the use of Baby's 18,278,600,00 Paid-up Capital

Who put the sheriffs into your for the rise. Boserve Fund

9,629,42124 house? It was an Australian vanced in sympathy while silk close to the record figure of is required to realise this and to Own Tablets is indeed as great as bank which did not know me very tissues followed the declining ten-1.404,604,000 at the end of June carry out the rationalisation of heaven and earth. Many thanks!" The above mentioned industry which is more or less under Baby's Own Tablets are easy to well, and they were sorry about dency of raw silk. Sugar show. last year, it, and later expressed their re-ed no sign of improvement, but withdrawals of deposits from the way at the present functure.

administer because pleasant in gret. They got their money structured materials such as steel, central bank were the chief cause. The development of foreign trade taste, and are guaranteed absolute- Branches and Bub-branches all over quickly."

copper and cement evinced for the expansion in the nete fasue has been less favourable during the ly safe and harmless. They quick- Chins and Correspondents in Europe, Are you representing that you strength at somewhat advancing Advances by the Bank of Japan de past few months although the unly allay teething pains, relieve THE YOKOHAMA SPECIE BANK, Americs, and other parts of the world.

creased from 1.1,012,116,000 to favourable balance of trade has colle, constipation, wind," cool London Bankers: The National Pro are not known by many people to prices. vincial and Union Bank of England, be in a serious financial position?

-EXCHANGE.

Y.779,998,000 at the end of the been substantially reduced compared feverishmess, expel worms, BABE I do not want to misrepresent The average quotation of yen ex-month which is again abnormal with last year. The future con croup and colds. Of chemists The Guaranty Trust Company of anything at all

change during June was well-nigh considering the needs of the half-dition of trade is largely dependent everywhere, or post free, 60 cents New York.

Judgment was given for the stationary, being 346.591 as against yearly settlement but may partly on the evolution of things in China per viel, from the Dr. Williams New York Bankers: The Iring plaintiff on the claim and counter- $46.667 for the previous month be explained by the automatic re- and the future movement of Japan Medicine Co., 60, Kiangue Road, National Bank,

The Equitable Trust Company of claim, with costs.

and $46,716 a year ago. The usual duction of Y.199,827,800 from the ese exchange.

Shanghai.

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

York

Internt allowed on Current Accounta and Fixed Deposits according to arrangements.

Every description of Banking and Techange Business transacted. Bafe Deposit Boxes to let

CIL LEM,

Manager.

Hong Kong, 1st May, 1928.

LIMITED."

Established 1880.

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

Yen 99,500,000 Head OfficeYOKOHAMA,

Branches and Agencies uti

Newchwang.

Alexandria.

Batavia.

Bombay. Hnents Ayres.

Calcutta.

Canton.

Changchun,

Daire (Dalny).

Hamburg.

Fangtion (Mukden).

Hánków,

flarbla.

Monchala

Eni Tuen. Karach

New York

Osaka.

Peking,

Rangoon

Rio de Janeiro. Salgón,

San Francisco. Seattle.. Bemarang. Shanghal. Shimanor ch Singapore,

Robe

-Londen.

•Los Angeles, Lyon

Sporabaya. Sydney. Tientain. Tokyo.

falügtan. Vladivostok.

Nagusaks.

Maalla.

THE BANK OF CHINA.

行銀國中

(8pecially Authorised by Presidental

Mandate of the Republic of China

Ltd.

HEAD OFFICE: PEKING.

HONG KONG BRANCH:

4 Queen's Road Central,

New York.

interest allowed on Current Accounts

and Fixed Deposits. Terma on appica Bien,

Every description of Banking Busi Deas transacted,

Loans granted on approved securities. Special facilities for Home Ex- change.

SBOU J. CHEN," Bianage

THE BANK OF CANTON, LTD.

Established 1912.00

Read Office:...Hong Kong.

· Authorised) Choliol (1)K. Cumacf)" 14.811,500,000

BRANCHES

Catalog Bungiel, Hankowy, Burnleyti Bangkok, New Jock; and 60. Prandina

Bank Limited's „OORRESPONDRATS ~k

Is it not fair to say that recent- ly you have hardly known where to turn?-I have always known the average for current month de rate showed a tendency to stiffen to such activity is for the time being These Tablets so greatly benefited

where to turn.

Baby's Own Tablets were. tried.

Interunt"

LOOK POONG SHAN

Club

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