1928-09-07 — Page 2

2

HONG KONG AND SHANGHAI BANKING CORPORATION.

Ausborined Qxpital

$40,000,000

Isesel sod Fully Pallop omena $30,580,308. Hoor Funda sum

Satling woman. 6,000,000

Tropez surve§11,000,005

Herre Liability of Propriaters, 18:30,000,0

HEAD OFFICE: BONGKONG

COURT OF DIRECTORS...

A. IL Compion, Eng.

Chairman,

N. 8. Brown. Esq. Deputy Chairman.

W. Eli Boil, Mog.

W. L. Pallesden, Log. Hon. Mr. B. D. . Deith J. A. Plummer, Boq, Man, Mr. C. Q. 8. Muskla, T. 03. World, Log.

I. P. White, Esq.

Chief Manag

Лов. М. А. С. Нуме

BRANCHES :-

AMOT

BANOXOK

BATAVIA BOKBAT CALCUTTA CANTON CRKFOO COLOMBO

DAIRES

2000HOW

BALPRONG

HAMBURG

BAKKOW

BARBIA

KONGLEW

ILOILO

EPOEL

JUHURE

KUB

KUALA LUMPUR

-LONDON

LYOXS

MALACOR

MANILA

MODEDEN NADABAXI

NEW YORK

FEKING

PEHANO

BAYBUON

BAIGON

HAY FRANCISCO

HLAKOBA

SINUSRE

BOURABAYA

BUNDET PATANI TIENIDIN

TOEXO

THISUTAV YOKOHAMA

ORITA Arvuste opened to Loca! Durinasy Bad Ped Deposite recaled for you sever perlade ou Local Curver and Sterling. ems which will be quam cu appliossion, Hong Xing June, 1929,

HONG KONG SAVINGS BANK.

The Business of the shown Bank la sanducă. by HONGKONG AND SHANUKAI BANKING CORPORATION. Bules may be oated on appliation.

70S THE HONGKONG BANKING CORPORATION.

+ BELANGHAI

A. G. HYNES.

Ühist Manager.

Hong Kong, 18th Gylember, 1921.

NEDERLANDSCHE HANDEL MAATSCHAPPII.

¿NETUKALANI TRADING SOCIETY)

·BANKERS.

Established 1934,

Glong Tong Ulos 2--)) Queen's Road Gears.

Bushories Capital

Paul-Up Cepli

Resores Fund

Onder 150,003,000- ($12,500,000.) Calidaci

Builders 40,000,00

Head Ulice:-(AMSTERDAK"), Baxter Hood Omos:—BATAVIA,

DRANCHES:-Bendjarmeal Bandan) Bombay,

Celestia, Charbon, Jiddok, Djami

Lagus'), Lobs Djajakaria). The

Kole Pads, Makassar, Medan, Padang Tekalongan, Prong Palembness Fontiarek Rangoon, Bollardsen'i Bhanghai, Bibolga

Bourabl

Bemarres')

(Bumaa),

Gouraria (BOID),

and Welterreden.")

These flose have más dejonis botes 10 lat. Londra Baskaro-National Proriacial Bark Ka

Correspondan is all over the world

Banking besinden of every

description sated.

0. STEENSTEL

Hoog Konges August, 1920.

Massy.

BANQUE DE L'INDO-CHINE.

HEAD OFFICE:

96, Boulevard Haussman, Paris.

Subscribed Capital.. F. 72,000,000.00 F. 88,400,000,00 Paid-Up Capital Roserve Funds ....Fr..102,000,000.00

BRANCHES Bangkok Hanci

Battambang Hong Kong

Lancho

Canton

Difbouti

Menyize

Nam-Đinh

Noumea

Fort-Bayard Papeste

Hulphong

Lanzow

Quinhon Saigon Shanghai

Singapore

Tientsin Tourazo Peking Vinh Prom-Penh Yunnanfu

Pondicherry BANKERS:

IN FRANCE: Comptoir National d'acumpte de Paris; Credit Lyonnais; Banque de Paris et des Pay-Bus; Credit Industriel et Commercial; Bocare

Generals.

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

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

Interest allowed on Current Accounts act Fixed Deposits according arrangements.

to

Every description of Banking and Exenange Bullness transacted..

Bafe Deposit Boxes to lat.

CE, LEM,

Manager.

Hong Kong, 28th August, 1029.

行銀商工法中

BANQUE FRANCO-CHINOISE pour le

Commerce et l'Industria (Incorporated in France). Prince's Building, Chater Road, Hong Kong.

HEAD OFFICE: 74, Rue St. Lazare, Parla. Capital fully paid up....Frs.50,000,000 Upecial working espltal..Frs.50,000,000 .: Fr.22,819,001 Eeserves

BRANCHES:

THE P. & O. BANK.

REVIEW OF THE YEAR'S WORK.

TRADING DIFFICULTIES.

THE CHINA MAIL,

COMMERCE

AND

FINANCE.

Cause

the new

THE DIVIDEND.

Sir Montagu. Cornish Turner seconded the motion, and it was passed unanimously,

FRIDAY, SEPTEMBER 7, 1928.

MONEY & SHARES.

TO-DAY'S QUOTATIONS.

On London-e

4

sight

THE SHARE MARKET.

Stock

TAT. on London T.T. on Shangbai

Banks. Hongkong Bank

da Chartered Bank

Hour Kong.

טולי

Canton Insuranos ..........

North China Insurance T146 ·

China'. Fire Insurance #285 H.K. Fire Insurance.. $800

Indo-Chinas (Prat)... $36

Block.

Exchange.

months*

2/1

Lon. Beg..

77

$1295

'[1205/1300 sm £138% £22

b

b

2/1 %

Mercantile A&E

do

£14

P. & O. Bank ...........

$9%

Bank of East Aala

4 months'

On Berlin....

1242

*18171⁄2

Insurancos,

090 b 700 s

[695 sa

Union Insurance

$868

Yangtze Insurance ... Kí$50 China Underwriters

$2.65

On New York- On demand

48% Credits, 60 days' sight 50

On Bombay.

Shipping.

Dougla

$98

H.K. Steamboats

$28%

HK. Tuga & Lighters S

- 199

138%

do.

(Dat.)... $724

Shell Transporta

110/-

On Calentta--~'

Water-boata

$21

133

Mining

138

Benguete

$2.15

b

П

Langkats (Combined). 10%

do. (Single) Ti

862

On Manila-

Baubs

On demand

97%

76%

H.K. & L. Wharves.. $188

HE

& W. Docks ...

China Providente

$87 $5.70

Hongkewa.

2360

New Engineerings

T

1052

Shanghai Docks ..... T100

Cotton Mills.

Ewo Cottent

38.90

Oriental Cottona

$2,40

(Bank's

S'hai Cottons (Old) .... 261%%%

*9.65 26 9/16

4% prem.

do.

(new) T27%

Lands, Hotels & Bidge.

H.K. & 3. Hotell ***. 15.80 b & Hongkong Lazim ............. Shanghai Lands .... 7138 Humphreys Estater. $16 b & sa Hongkong Renities - $74

$60

Է

D

H.K. Territorials Prince's Buildings

The Chairman next moved:- That a dividend of 5 per cent. por annum, less income-tax at 35. [6.91d. on 259,418 shares be and the same is hereby declared payable on July 18, 1928, to the members who Bank, wire................ were on the London and. Bombay Bank, on demand... 2/- 1/16) registers of the corporation rea-Bank, 30 days' eight.

Bank, 4 months" sight 2/- 3⁄41⁄2 sents a good move on our part, be-pectively on June 29, 1928."

we had unfortunately to This was seconded by Mr. Colin Credits, write off a certain afaount for de-F. Campbell, and unanimously apDocumentary 4 months!

sight preciation of the Indian Govern- proved.

The Chairman further moved:- ment securities, which otherwise

On Paria- would have gone to the benent of "That the following directors re-

tiring by rotation-namely, the On domand the profit and loss account. Paris, Lyon Marsellies, Salgon,

As regards the Allahabad Bank,Hon. Alexander Shaw, Mr. F. A. Credits, sight Haiphong, Handl Tourane, Quinoa Hue, Thanh-hoa, Viah, Pnom Penh,

|28,403 Ordinary shares, of which Johnetan, and Mr. M. M. S. Poking, Shanghai, Tientsin, Hong

In their annual report present- 14,665 are fully paid and 8,788 Gubbay-be and the same are here- Kong,

ed to the 8th ordinary meeting held partly paid, stand at $589,569 by re-elected directors of the cor-On demand BANKERS: FRANCE:-Sockte Generale, Banque in London on July 6, the Dirce against the same value in 1927, and poration."

I should like to take this" oppor- Nationale de Credit, Banque dejtors stated:- Paris et des Pays Bas

The net profits for the year, tunity of saying that the business LONDON:-Midland Bank Ltd. NEW YORK-American Exebangs ended March 81, 1928, after pro- of this bank proceeds most satis- Irving Trust Co Banca Commer viding for taxation, bad and doubt-factorily under the able manage-

THE DIRECTORATE.

Wire ciala Italiana.

manager, Mr. ful debts and valuing investments ment of

Mr. F. A. Johnston:-Gentle On demand SAN FRANCISCO:-Bank of Italy.

In Ioans (Hear, hear.) at or below market rates, amount Lamb.

men.-In connection with the amal- Every description of Banking and to £107,631 19s. 6d. which, with against security there is little or

gamation of our interests with Exchange Business Transacted. Cor£19,380 Ba. 2d. brought forward no change; advances to customers those of the Chartered Bank, I Wire ......

from last year, gives an available on current and other accounts are respondents throughout the world.

L. BERNIS,

balance for disposal

On Singapore......... of $127,012 slightly in excess of the 1927 am privileged to propose the re-On demand

election of the four retiring direc- Monagor.

48. 8d. Out of this amount the figures. Bank premises and furni- tors. Those four gentlemen are On demand Hong Kong, 3rd August, 1928

Directors propose to pay a divi- ture are practically unchanged, and not only esteemed colleagues, but are also admifrable and experienc- dend of 6 per cent, less income liabilities of customers for accept- tax at 38. 6.91d., absorbing $108,617 ances represent a per contre entryed men of business, and I have THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

59. 10d.; carrying £20,494 18s. 10d. and really do not merit very much

On Shangha very great pleasure in proposing consideration. to next account,

their re-election. Is it your plea-On-demand Our subscribed and paid-up Mr. W. E. Preston, deputy chair- Incorporated by Royal Charter, 1858.

the names en 30 day's afght (private sure that I take HEAD OFFICE: LONDON.

the absence of capital consisting of 259,416 shares bloc? (Agreed.) Then I beg to man, presided in

paper).... Paid-up Capital

23,000,000rd Inchcape, with whom a note of £10 each, and amounting to move:"That the following retir On YokohamN —— Reserve Fund

....£4,000,000*

of condolence in his bereavement £2,594,160, remains unchanged. In

ing directors-namely, Mr. W. E. On demand Reserve Liability of Proprie

this. connection I have to refer to Preston, Mr. Henry Bateson, Mr. Gold Leaf, 100 fine £3,000,000 was passed.

Lord Inchcape's private circular BALANCE SHEET ITEMS.

F. Campbell.

(per tael) of October 17 last, in which he Edward F. Mackay, appointed to Sovereigns The Chairman then sald:-Our submitted to shareholders an offer the board pursuant to article 109 buying rate) accounts, gentlemen, have been in made by the Chartered Bank of of the articles of association-be Silver (per oz.) your hands since June 30, and, India, Australia, and

and the same are hereby re-elect- Bar Silver in Hong with your permission, I presume purchase a block of P. and 0.

Kong may take them as read. (Agreed.) Bank shares, provided that not leased directors of the corporation."

This was seconded by the Hon. Chinese Copper Cash nom. of the shares That being the case, I should just than 51 per cent.

of Native In- like to make the following obser- were secured at the rate of £10 Alexander Shaw, and carried un-Chinese Copper Cents 8% prem

animously. vations with regard, to one or two 108. per shares, plus 5 per cent. On the proposition of Mr. J. F.

terest .....

7% Pull items in our balance sheet. The interest on the par value of each

Mr. F. Chinese Sub. Coin. 80% dis. Duncan, seconded' by balance sheet this share from March 31 to December totals in the

Hong Kong Sub Coin Par. Marwick, year are $18,500,000, as against 31, 1927, less income-tax at 4s. in White, Messrs. Feat,

Mitchell and Co. were reappointed That shows, the £. I am sure that all of you £16,900,000 in 1927.

auditors. I think, a general increase in turn-are fully conversant, with that cir- it will interest you, over. Last year, I think, his Lord- cular, and ship had occasion to point out that therefore, to know that sharehold the figures were somewhat differ-ers availed themselves of the op- ont from those of 1926, owing to portunity to the extent of 208,601 Our profit and loss ac- book parities, but there is no ques- shares. tion of book parities this year hav-count total amounts to £127,012 ing altered total values. It is a 48. 8d., and it includes the 519,380 over the 1927 5. 28. brought forward from the genuine increase figures,

previous year.

tors

Agencies and Branches:

ALOB BTAB

Mulay Blata) AMEITBAR

BANGKOK BATAVIA BONELY CALCUTTA ΠΑΝΤΟΝ CAWNPORD CKBU COLOMBO

KUCHING

SADILAB

MANILA MEDAN NEW YORK PERING PENAND PERIA WAB RANDOON SAIGON BENARANO

DELET

HAITBORDI

HAMBURO

HANKOW

HARHIN (M. Kacoburia)

KERESUAN SHANGHAL ΕΙΝΟΑΡΟΜΕ SOURADAYA TAIPING

TONG TONG

1101LO

TAVOY

ENTSIN

XABAG-I

TOKYO

XLANG

1P0H

BOBR

KUALA KANGSAR

Park (P.M.B.)..

KUALA LUMPUR

TONGKAR (Buket)

THINGTAO

YOKOHAMA

ZAMBOANUA

(Philly landa)

Foreign Exchange and General Bank Ing business transactod.

Current Accounts opened and Fixed Deposits received for 1 year or shorter periods at rates which will be quoted on application.

A. H FERGUSON,

Manager. Hong Kong, 3rd April, 1928.

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

HEAD OFFICE:-Taipeh, Formusa. Incorporated by Special Imperial Charter, 1899

་

Central Bank in Formosa. Bank-Notes isaged

Yen 45,000,000 Average amount

BRANCHES AND AGENCIES: JAPAN:-Tokyo, Yokohama,

Osak

Kobe,

A GOOD MOVE.

China to

KEEN COMPETITION.

Colin

und Mr.

The meeting concluded with a

vote of thanks to the Board.

STOCKS RUBBER.

FRESH SCHEME FORWARD IN SINGAPORE.

TO DEAL WITH PROBLEM,

Kate

LONDON EXCHANGES.

London, Yesterday.

124.25

Kailan Mining Ad. .65/-

Bhangba! Explorations T2.45

Shanghai Loans.

Tronoh Minea

..... Ta

34%

...... 17/8

Docks, Wharves,

Godowns, &c.

Public Utilition.

H.K. Tramways Poak Trams (old)

$24.20 $18

do. (now) $3.85 Star Ferries

China Lights (comb.)

$54%% .b

(old) $12.40

(new)

Macro Electrics

H.K. Telephones China Busam..... Singapore Tractions

do.

·Pret .... Industrials.

312

do.

40.

do 1928 larve $12.

Paris

H.X. Electrica

$62 b 5244

New York

4.85 7/32

[52/52% Ba

Brussels

34.90

Electric (new)

$50%

よ

Geneva

26,20

$26

$8,90

Amsterdam

12.10

$11

5

Milan

92.70

12/-

Berlin

20.36

17/6 b 18/6 B

Stockholm

18.13

Catza Bugars

$1%

1

Copenhagen

18.19

Maabón Brgars

$17

n

Oslo

18.19

Canton Ices

$84

Vienna Prague

84.425

h

169

Helsingfors

192

do. (old) do.

(new)

$74 b. 8

$134

$0.35

Madrid

29.265

$0.30

Lisbon Athens Bucharest

2 7/82

$6

874

Blo

In a leading article the "Straits Times" says:-

With regard to the individual In passing, 1 may say, that whilst items in the balance sheet, our the crop conditions in India during In his weekly review of the rub- cash has gone up from $1,655,000 the period which we have under ber situation published in the to £1,861,000; bills receivable in review. have been satisfactory, "Straits Times" of August 7′ Mr hand and in transit are £4,600,000, trading conditions have been far A. W. Still expressed the opinion against £1,300,000 in 1927; the in- from it, and competition in our that world stocks at the end of vestments are £2,900,000, against own particular. markets has been the current year would not exceed Among those Invest-ultra keen, with the result that 200,000 tons and that consumption £2,297,000. ments you will note Indian Gov-profits in many cases have shaded would be over three times that ernment securities, £548,000, show-away to vanishing point. Whilst amount. If such proved to be the ing a shortage as against the 1927 conditions in China move slowly, I case, stocks in relation to con-

FORMOSA:-diran, Kagi, Karenko figures of £1,071,000. That' repre- think we are justified in saying sumption would be less than half]

Keelung, Makong, Nanto, Shin- chiku, Taicha, Tainan, Takao, Tamen Toen, Hoito, Taito.

that the movement is in the right the proportion obtaining at the direction. The fall, however, In end of 1922. ́ ́Mr. Still was unable rubber and tin prices in the Straits to include in his calculation estate stocks, which he described as a menace, just as the unused coupons were a menace 18 months ago, but he added:-"It ought not to pass

CHINA: Shanghai, Hankow, Amoy, THE BANK OF EAST ASIA, LTD. has naturally been reflected in the

Foochow, Swatow, Canton. OTHERS: Hong Kong, Singapore,

Soerabaya, Semarang, Batavia, Bombay, Calcutta, London, New York, Dairen.

LONDON BANKERS:

The London County Westminster and Parr's Bank.

HEAD OFFICE: HONGKONG.

volume of business there.

On the whole, profitable trading in the respective spheres in which

Buenos Aires Bombay Shanghai Hong Kong. Yokohama Silver Spot

797

5 29/82

47 11/82 1/5 15/16

2/7/2

2

1/10 % 26 9/16 Silver Forward........ 27 7/16

-British Wirelces Service.

Gements (comb.)

H.K. Ropes (old)

dn, (new) United Asbestos

Stores. **. Dairy Farms Watsons ...

Der A, Wings Iano, Crawfords Mackintosha

Sincerca

Wm. Powella

Miscellaneous.

$22 b 22.30`sa $14%

50 cta.

$3214

$20

$935

H.K. Constructions

B. Ind. G. Bonds

38.30

$20味:

$1.85 64%

·HK.. Amusements.

E. K. Govt. Loans

[28%/27 BB

អ

6% Prem. D

10, Des Voeux Road Central, Hongkong this bank operates has been some the wit of man to pool them and operation of several governments TO AVOID DISORGANISATION.

Authorized Capital ....$10,000,000

5,000,200 Paid-up Capital Tasker

Reserv

20,000 BRANCHES AND AGENCIES:

Melbourne San Francisco Batavia

Nagasaki

The Bank has Correspondants in the Commersial Dentre in the European Qualine, Russia, Mas churia, Taingo, Japan Indo-Chine, Si, Ind Bombay Falippias Iniendi, Jars, Alrich, 0.8.A., Australle Calcutta

Canton

*Internet slowed on Current Ascourts, and Fred Haiphong Depodat rates which will be quoted on applice

Honolulu J. IHARA, Kobe Deposite is Yan van be accepted.

Manager, Kowloon

London

HONG KONG BRANCH:

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

THE BANK OF CHINA. 行銀國中

(Bpecially Authorised by Presidentia! Mandate of the Republic of China on the 22nd of November, 1917).

Authorised Capital Paid-up Capital

Reserve Fund

$50,000,000.00 18,278,800.00 9,629,125.24

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,

LIMITED.

Established 1889.

Capital (fally paid-up) Yen 100,000,000 Eaters fund

Ten 19,500,000

Head Office:YOKOHAMA, Branches and Ageselow at::

Nawchwang. New York.

Alexandria

Batavia.

Bombay.

-Huanos AgroL. -

Calcutta.

Canton.

Changchun.

Dairen (Dalny). Fangtien (Mukden). Hambarg. Hankow.

Harbla

Ear Lon. Honolulu

Lal Yuan,

"Karachi. Kobe

Peking. Hangoon. Rio de Janeiro. Saigon. San Francisco. Beattle,

Semarang. Shanghal

nonosáki.

ibaya.

Vladivostok.

Interest allowed da (Deposits received

rates to be obtained

America, and other parts of the world. London Bankers:-The National Pro- vincial and Union Bank of England, The Quaranty Trust Company of New York

New York Bankers-The Irving National Bank.

The Equitable Trust Company of New York,

:Interest allowed on Current Accounta and Fixed Deposits. Terms on applica tion,

Every description of Banking Busi |zkid tranfiäcted. ·

bans-granted on approved securities. Special facilities for Home Ex- chants

SHOU J, CHEN,

* Manager.

"THE BANK OF CANTON, LTD:S

Be Eatablished 1912, he

Head Ofc-Hong Kong.

New York Danka Paris Peking Penung Rangcou Saigon

MatShanghai

Deattle Seinurang Singapore Sourabaya Sydney Taipeh Tientsin Tokyu

Correspondents in all principal cities

"Loans

of the world,

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

SAFE-DEPOSIT BOXES to let.

KAN TONG PO;

Chief MannKEI.

Authorhed: Capital (HEM. Ónsrenol) (@11,000,000 Full Dy Cap 6,004,300

Coziom Shangkul, :; Hankow?”? Bukłów,

New York and Ban, Francisos.

M-LONDONĪBA KES

WAY BOOBALSPONDENTS:

Hong Kong, 21st March, 1.27

EN

ESSOR BAB

of Shanghal

Organ

LOOK POONG SEAN

Wom

Laurenz Mrs. Purdy and others

As will

be seen, the present what difficult, and this leads me hold as a reserve to be released a view with which we are bound

caution, to agree our informant la now scheme is devised primarily to to speak of the tribute which we only. and with gome owe to our general manager, to when prices rise above an agreed seeking the support of the Rubber avoid the disorganisation which is Growers' Association for a scheme inevitable if a large proportion of his colleagues, and to our. Eastern leval,"

which does not concern itself with estate stocks is thrown on to the officers and their respective staffs INSURANCE BANK PROPOSALS output, but is designed solely to market in November; secondly, it for the great care and attention which they have given to the satis- factory conduct of the affairs of the bank. (Cheers.)

A local authority on the indus-deal with the estate stocks which seeks to establish an era of 15- try, studying these remarks in may be thrown on to the market gular low prices and to avoid an- conjunction with the plan for a after October 31. No government other Beating return of those It now becomes my duty to "rubber Insurance bank has draft-aid Is necessary and the question boom conditions which experience move:That the directors' reported yet another scheme for the con- of finance does not arise; produc- suggests are bound to be follow- and statement of accounts for the sideration of the Rubber Growers' tion is not restricted, directly or ed by disaster. There is Avery 12 months ended March 31, 1928, Association. Contending that the indirectly, and that problematical reason to believe that the Dutch be and the same are hereby adopt "rubber insurance bank" proposals, factor, "native rubber," the rock growers would give sympathetic though aiming at a result which upon which shiploads of carefully consideration to a producers' pool

schemès have is much to be desired, are far too prepared

been based on this year's estimates and involved and possess the outstand-wrecked, is regarded in the novel it now remains to be seen whe- ing defect of relying upon the co-light of a preventive of many of ther the Rubber Growers' Associa

the ills with which the industry tion will heed the latest appeal,

ed."!

Mr. Henry Bateson seconded the resolution, and it was carried unanimously...

is threatened.

A HOLDING POOL.

which is being made to them direct, that some effort be made

This latest suggestion recognises to turn to good account the two and a balf months remaining be- estate stocks as the bugbear of

| HAS. SIX CHILDREN.

And Keeps Them All Well With

Baby

by's Own Tablets.""

the market and involves the for fore restriction disappear. mation of a producers' pool to hold on the estates 30 per cent. of standard production for the six months, May to October, 1928. The rubber thus held would be controlled by the pool, which would operate from London and Amsterdam, and would be releas ed gradually, at a low fixed price. It is contended that the elimina- tion of uncertainty in regard to

No other medicine is of such ald these estate stocks would tend to to mothers of young children as in bring about price stabilisation Baby's Own Tablets. The Tablets which, in turn, would be a great are the very best medicine a mother factor in prometing increased con- can give her little onca during the sumption. In existing circum-dreaded teething time, because Stances it la impossible to offer, they regulate the stomach, and with any confidence, a forecast of bowels and thus drive out con- the price of rubber even one or stipation and indigestion; prévent two years hence and, in the ab- colic and diarrhoea, and break up sence of evidence justifying a be- colds and simple fevers, cust Hef that eteady and reasonably Concerning them Mrs. John A. low prices are likely to rule for a Patterson; of Scotch Village, Nova period, manufacturers Sco Bays have alz children, be expected to com

the medialna they ever get elves to the use of the

Own Tablets. I would Prosent use nothing else, for them and can recommend the Tablets to

new, purposes.

ons are

oduction figures are proaching balar

overtakes the oth

of nat

will rem against high prices,

Own Tablets are sold by mail at 60

ubber cents per vial,

mēt Williams Medicina Co., 60, Klang,

Be Road, Sha