1929-06-18 — Page 2

2

HONG KONG AND SHANGHAI BANKING CORPORATION,

Authorised. Capital semmonen zuen, 483,600,000 Imuid fod Fully Part-up

$90,000.008

elamiva Žundk:-

Hardlag..... 4,000,000

AUTO

(14,009,00

>Kanerva Lasbility of Proprietors....$29,080,066

HEAD OFFICE: HONGKONG.

BOARD OF DIRECTORS:—

N. 8. Brown, Big, Chairman.

W. II. Bell, Esq. Papaly Chairman.

Hon. Mr. B. D. F. Beth.

▲ H... Compton, Engl

M. T. Johnson, Esq.

4. Lauder Lewis. Eng.

*MOT

PANGBOX

BATAVIA

BOMBAY,

行銀商工法中

BANQUE FRANCO - CHINOISE pour le

Commerce et l'Industrie Incorporated in France).

Prince's Building, Chater Road,

Ilong Kong.

HEAD OFFICE:

74, Itue St. Lazare, Paris.

Capital fully paid up Frs.50,000,000 Special working capital .Frs.50,000,000 ..Frz.22,319.000

W. L. Pattonden, EssEcserves T. E. Pearom, Kaj.

J. A. Pammar. Esz.

J. P. Warren, Bag

Chief Masager,

Ran, Mr. A, O. Hyres.

DALOUTTA!

BIANCHES:--

LONDON LIONH MALACCA

MANILA

MOOKDEN

JANTON

NAGASAG

CHEMO

NEW YORK

COLOMBO

DAISEN

POOCHOW

HAIPHONG

HAMBURG

HANKOW

HARBIN

HONGAEW

mono

TPOH

JOUURE

КОВЕ

KOWLOOK

SUALA LUMPUR

PERING

PENANU

MANGOON

BAIGOS

MAN FRANCISCO

SHANGHAI

SINGAPORE

SOURABAYA

SCNOEI PATANI TIENTBIX

TORY

"SINGTAO YOKOHAMA

Currect nomable speed in Local Currency and Fixed Deposite ruaired for a

in Local Currency and ling

shorter perfo be quoted or application.

en er

HONG KONG SAVINGS BANK.

1 Business of the bow Bank in Bonduce. by the HONGKONG AND SHANGHAI may be BANKING CORPORATION, Bates abrine o neplication.

FOB THE HONGKONG & SHANGHAI BANKINY CORPORATION.

<

A. C. RYNER,

Chief Maunger.

Hong Kong. 18th September, 1097.

NEDERLANDSCHE HANDEL - MAATSCHAPPIJ, N.V.,

NETHERLANDS TRADING SOCIETY).

BANKERS...

Established 189.

Hong Kong Ufice :—El Quema's Bond Cantri

........... Gulta

hudhuriaed. „Ospital

Pois-lip Capital

Serve Fund

150.000,00

(21,500,000

$4,000,000 (£30,660,607) Guilder 40,000,000- (esk.)

Hand {AMSTERDAM'}. Fiestera Hesa Office :-DATAVIZA.

Bandjersazio Bandang Bombay, Conti, Choribos, Djebar, Djok Jakarta) The Haga"), Jiddal, Kobe, Ka-Hadja, Hakasar, Madan, Padang _Pabalingan. Peong Pambang.

Botterdam Poothuk Bangoon,

Shangbal BATURE="},

Bibolga Singapere, Soombais, (Horvatia), Boerakarta (Slo), Pegal, Tiljap aud Weltevreden,

* The often have safa daposit baztan 14 194.. Lee Bankerstin Provincial Bank Li Correspondents all over the world

Banting boalemá of every

derription sexaLSHKISË.

P. M. ELBERG,

Manager.

Hong Kong, 27th May, 1929.

BANQUE DE L'INDO - CHINE,

HEAD OFFICE:

96, Boulevard Haussman, Peris,

Subscribed Capital Frs. 72,000,000.00 Paid-up Capital ..Fra. 88,400,000.00 Reserve Funds ....Fr.102,000,000.00

BRANCHES: Bangkok Hong Kong Quinhon

Saigon Battambang Hue

Magtze Shanghai Nam Dinh Sagapore

Thanhea Neumea Fort-Bayard Papeete Tientsin

Cautio Canton

Dijbouti

Haiphong Pezing

Hankow Напої

T'ouraze

Pnom-Penh Vinh Pondicherry Yunnanfu PAN BANKERS:

BRANCHES:

Paris, Lyons, Marseilles, Saigon, Haiphong, Hanoi, Tourane, Quinhon, Huế Thanh hoa, Vinh Pnom Penh,

Peking, Shanghai, Ticntain, Hong Kong.

BANKERS: FRANCE: Societe Generale, Banque Nationale de Credit, Banque de Paris et des Paye Ess. LONDON-Midland Bank, Ltd.

NEW

SAN FRANCISCO:-Bank of Italy.

LOCAL IMPORTS

CHAMBER'S FORTNIGHTLY

REPORT

THE CHINA MAIL,

COMMERCE

PIECE GOODS NOTES.

In the fortnightly report of the Commerce, the following is Hong Kong General Chambers

taken

of

Cotton Piece Goods & Fancy Goods from the section on imports:-

The following reports have received:

boen

Since last reporting the market has continued quiet and little new business has transpired. A line of standard Brocades

to

AND

FINANCE.

FRANCE'S TRADE

OFFICIAL FIGURES AS TO REVENUE RETURNS

THE SURPLUS

RECORD YEAR

REPORTED FOR SHANGHAI TELEPHONES

TUESDAY, JUNE 18, 1929.

working, which greatly facilitates the The net profit for the year amourtel laterworking to automatic. This work to Tls. 195,687.91 as compared with is proceeding but owing to its magni- | Tls. 221,524.51 for last year-a decrcan tude will take some time before it lë ali Į of Tla. 15,998.60. completed..

Account: The Appropriation Extensions to the existing plant at amount available for distribution The Directors of the Shanghai Vest, North, East and Lucerne Ex Tis. 195,087.91, and your Directors re- Mutual Telephone Co, Ltd., in their changes have been completed during the commend that an aneunt of Ts annual report and statement of ac year.

4,312.00. be transferred from equalisı.. counts to be submitted to sharehold-

Accounta

tion of dividend aécount and that the ers at the forhcoming annual generał Working Account:As in the case of total of Tis. 200,000.00 be applied in meeting reveal a very atisfactory state lines and instruments the past year payment of a dividend of Tla. 4,00 pez of stairs. Last year was a record one has been a record as regards the re-share- in the company's history both from the venue received the increase on the point of view of additional subscribers year amounting to TL. 201,097.70 a and revenue. The full report is as follows:-

last

year. The total number of calle of the day of record was 247,050 which is considerably less than the previous year.

PLEASE DON'T ·

WASTE WATER

The balance sheet has been drawn up on the same lines us last year and› the amounts that have been added t the fixed assets can be seen from the short summeries appearing under each heading. The

new item of plant, etc., in coura of construction accommodates amounts exponded to date on items which, at being under construction, have not ye been transferred to the appropriate plant accounts.

The past year has been, a record one in the history of the Company, the de man

for new telephones having ex- Paris. Yesterday. eeeded

The in- any previous year. The revenue returns for May total-crease in the number of lines and in- led 3,203,000,000 francs, showing a struments inatalled during the year is surplus of 546,000,000 compared with 2,388 lines and 3,284 instruments as the budget forecasts and 98,000,000 against 1,741 lines and 2,087 instru- against Tis. 144,175.30 for last year ments during 1928. The total number and Tla. 171,009,75 for the previous compared with May, 1928.

The old debentares do not appea year. The surplus for the first five of lines in use at March 31, 1929 was

this year, having been repaid at Ju The total increase in the working 30, 1929. In their place is an Iter of months reaches 2,481,000,000 on the 23,842 and instruments 30,501 as forecasts and 1,607,000,000 on the against 21,254 and 27,217 respectively expenses is Tls. 72,16248-there being Tis. 1,500,000.00 representing the face same period of last year.-E Haras.

an increase of Tis. 60,06283 in the value of the new issue; the balance operating expenses attributable mostly of the discount and expenses in com SUGAR CONGRESS

to traffe expenses and a small Innection with this issue that is beira crease of Tis. 3,099.86 in the non carried forward is shown on the ass operating expenses.

side. DELEGATES FROM CENTRES

Mr. I Basset resigned as nomine IN SOURABAYA

of the French Municipal Councit an Mr. L. Blum

was nominated in stead.

Mr. A. da Pac de Marsoulies resigns ad daring the year and Mr. P. Le Br was invited to join the Board

Mr. W. P. Larabe and Mr. J. H. Lee rotire in accordance with the Articles of Asunciation, but being eligible offer themselves for re-election.

Messrs. Lowe, Bingham

for re-election.

is reported YORK-American Exchange Irving Trust Co., Banca Commer- have been arranged, in addition to ciale Itakana.

small lots of Italians and Venetians, Staples remain relatively neglected. Clearances are poor. Cotton shews Every description of Banking and little change. Mid. Am. "Spot" be- Exchange Business Transacted. Curing 10.19d. and Eg. Sakul, 16.800.

Another report states-The market respondents throughout the world.

is very quiet and partially closed L. BERNIS,

Dragon festival.

Dealers Manager.vwing to

do not show any interest in now Hong Kong, 3rd August, 1928.

business. Clearances are very limit- ed, but conditions up country are said to be slightly improved. Mancials. chester prices have been easier, but are offset by weakness in exchange here.

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

Incorporated by Royal Chater, 1853. HEAD OFFICE: LONDON, Paid-up Captal

....£3,000,000 Reserve Fanu

£4,000,000 Reserve Liability of Proprie-

tors

.20,000,000

Agencies and Branches:

KUALA LUMPUR

AMRITSAR

ALOB STAR

. (alolay Heataal

SVCEINO

MADRAS

MANILA

NEW YORK

PERING

JANOKOR BATAVIA BOMBAY CALCUTTA CANTON

CAWNPOBE

CKBU

COLOMBO

BAIKEN (Daing,

South accurit

DELHI

HLIZHONG

HAMBURG

HANKOW

HARLIN

(N. Manaburi)

HÙNG KONG

ILOILO

IPOU

KAHACHI

KLANG

KOER

RUALA RANOSAL

Durak (F.MA

MEDAN

PENANG

PESHAWAR BANGOON

SATOON SEMARANG SEDEMDAN SHANGHAI PINGAPORE SOURABAYA FAIPING IN 6. TAVOY TIENTSIN TOETO

TONGRAH (Bha:kal)

TRINGTAO

TOKOHANA

ZAMBOANGA

(Philippine Inlands)

Foreign Exchange and General Banking business transacted.

Current Accounts opened and Fixed Deposits received for 1 year or short ar periods at rutes which will be quot ed on application.

A H. FERGUSON,

Hong Kong, 8th January, 1929.

Manager,

THE BANK OF TAIWAN, LTD.

© (TAIWAN GINKO)

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

Central Bank in Formosa... Bank Notes issued

Average amount ....Yan. 45,000,000

Woollens-Nothing to report. Cotton Yarn. During the interval this market has. continued dull and lifeless, and prices have further de- élined $8 to $1 per bale.

lowal quotations are as foil- 10s. $165-176. No. 12s. $175-185. No. 10. 126-190, No, 208. $195-200. Arrivals mil. Ship- ments nil Sales mil. Unsold Stock 1,400 bales Bargains 4,800 bales. Raw Cottons.--Nothing doing,

CHINA TO-DAY

HOME MANUFACTURÉ VERSUS : PURCHASING ABROAD

By Dr. J. A. L. Waddell.] In respect to the question 23. to whether it is preferable to purchase necessities from abroad or to manu-

China facture them

there are in many pros and cons. At the present time when money is scarce here and so difficult to borrow from for- eign countries, it is necessary in the cases of most articles to import; but later on, after the adverse conditions have been materially arieliorated, it will be well to start, in a modest way. their

production at home.

some

It certainly would be to the advan- tage of China, if she were more in- dependent of foreign countries-at least for the necessitles of life, and eventually alay for most of the luxuries. Of course, if the country is going to export largely of its pro- duce, it will have to buy something in its, stead, so, asootilise of the money that will then flew in; but China could profitably stand for a period of several decades a moder- ate balance of trade in her favour. That matter needs c government regulation; because, as soon as there. is an accumulation of money in the home banlis. the wants of the people Kobe, will naturally increase, and they will begin to consider as necessities, many FORMOSA-Giran, Kegi Karenko, things that are now universally Keelung, Malong Nanto, Shin- deemed luxuries for instance, auto-

Tainan, chiku, Taichu,

Takao, mobiles and even airplanes. Tamsui, Toen. Heito, Taito,

Home Industries CHINA:-Shanghai, Hankow, Amoy, The establishing of home indus-

Foochow, Swatow, Canton. trics is generally a task for indivi OTHERS--Hong Kong, Singapore, duals or of aggregations of indivi

Batavia, duals in the form of companies or Soerabaya, Semarang, Bombay, Calcutta, London, New firms, and not for the Government; York, Dairen

although in some instances it might be legitimate for the latter to sub-

BRANCHES AND AGENCIES: JAPAN:-Tokyo, Yokohama,

Osaka.

LONDON BANKERS:

The London County Westminster and sidise an industry, in order to give

Parr's Bank.

it a proper start, with a cash dona- tion, a short-time loan without inter- est, or a remission of taxes for a certain number of years.

The Bank has Correspondente, In the, Commizuİsl Centres in the European Continent, Russia cburis, Tringtao, Japas, Indo-China, Biam, India, Philippins and, Jo, Africa, B.A., Arris, IN FRANCE: Comptoir National

Interam allowed on Current Accounts, and Fixed d'Escompte de l'aris; Credit Lyonnais: Dagai sater, which will be quoted applice Banque de Paris et des Pays-Bas;. Deposite is Yan vam bo nooupled

K. NAGURA, Credit Industriel et Commercial; So ciete Generale.

ז'

IN LONDON: The National Pro- HONG KONG BRANCH: vincial & Union Bank of England,

Ltd: Comptoir National d'Escomple

de Paris; Credit Lyonnais.

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

Interest allowed on Current Ac- counts and Fixed Deposits according to arrangements..

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

A. LECOT,

Masager. Hong Kong, 1st May, 1929.

Manager,

$, Des Voeux Road Central Hong Kong, 19th January, 1,929.

THE BANK OF CHINA 行銀國中

In exceptional cases it might be necessary for the Government to build, equip, and operate a plant, if the product were essential to its ac- tivities, and the undertaking were on too large a scale for Chinese pri

smelt vate enterprise for instance, ers, rolling mills, bridge shops, car shops, locomotive shops, automobile shops,

and airplane shops: but cement works, cotton mills, woollen milla, paper mills, wire mills, nail mills, erebsating plants, machinery electrical-apparatus shupa

shops,

paint shops, tool manufactures,

and

(Specially Authorised by Presidential

idandate of the Republic of Chios plants for other minor activities on the 22nd of November, 1917). might well be left to private enter-

prise, Authorized Capital Paid-up Capital Reserve Fund

$60,000,000.00 The increased tarif which has 18,278,000.00 lately been put into effect should be 9,629,425.24 a great encouragement to Chinese capitalists to invest their savings in HEAD OFFICE: PEKING.

new enterprises that promise large. returns. HONG KONG BRANCE:

Any individual or company contem- 4, Queen's Road Central,

plating the Inauguration of a mann- Branches and Sub-branches all over facturing business In China should carefully all the pros THE YOKOHAMA SPECIE BANK, China and Correspondents in Europe. weigh

America, and other parts of the world and cons, in order to determine, as London Bankers:—The National far as the limitations of human fore Provincial and Union Bank of England thought will permit, the chances of

The Guaranty Trust Company of be good, the enterprise

Unless these figure out

under con- New York.

New York Bankers-The Irving sideration should be abandoned; for National Bank:

LIMITED,

Established 1880.

Capital (fully paid-up) Yen 100,000,000 Deserve fund.Yen 105,500,000

Head Office:-YOKOHAMA. Branches and Agencies at: Alexandrin

Newchwang New York Batavia.

Bombay

Boenor Ayres

Calcutta

Canton

Changchun

Dairen (Delay)

Osaka

Peking

Rangoon

Rio de Janeiro Saigon

San Francisco

Fengden (Mukden) Seattle

Hamburg Hankow

Harbin

Eour Roar Hondlala KaiYuen

Karachi:

Kobe

Londan

Los Angeles -

Lyons

Nago

Depord

Semarang Shanghai Shimonoseki Singapore Soerabaya Sydney Cientsin Tok

at zetes to be obtain

Vladivostok

porarily

stion

Hong Kong, 11th March, 1923

Ltd.

The Equitable Trust Company of New York.

Interest allowed on Current Ac counts and Fixed Deposita. Termi on application.

success.

very

THE HO HONG BANK, LTD, (Established 1917.3

CAPITAL.

Every description of Banking Busi- ness transacted:

Authorised Loans granted on approved sseur Issued. ities:

Paid-up Special facilities for Home Reserve Liabilities change.

Lo

$20,000,000 8,000,000,

SHOU J. CHEN,

Mansger

4,000,000

Shareholders

4,000,000 Surplus

2,219,000 HEAD OFFICES SINGAPORE

Branches, Agencies and Correspon

of

Established 1912.

THE BANK OF CANTON, LID. dents in the principst cities of the

world

Every description of Banking and Exchange business transacted.

TAN ENG HOO1,

Manager. Hong Kong 15th May, 1929,

Head Office-Hong Kong.

Authorised. Ombal (X,X. Caminoy),-$11,000 Pald Up Cepial- ujianmover

TONDON KANKERS :- ROBÍLESPONDENTS

I LOOK POONG, SHAN,

Chist Maniger. Hong Kong, 18th February, 1927,

OAKLAND

LANE CRAWFORD, LTE. Automobile Dent. C.3193,

The installation of the extension of The balance on the working account another 5,000 lines for the Central is Tla. 687,178.12 as compared with The. Exchange ordered in 1928 is still not558,242.90 for last year-an increase of finally completed by the transferring Tls. 128,085.22. Batavia, June 7.

Profit and Lass of lines thereto from the manual ex- The participants in the international change we commenced in February of

The amount charged for debenture congress of cane-sugar technologists this year and is still proceeding, interest is ecnsiderably more than in have arrived here and were received by There are now 5,000 lines working on previous years due to the flotation of the Burgomaster and other high offi

the automatic system.

Tls. 1,500,000- Debentures in Jun Owing to the difficulties experienced 1928.

converting the manual

The magneto

large additions to plant ac- system to the automatic system, it was counts during recent years necessitates decided to convert the whole of the transferring an increased amount to Matthews retire, but offer themselves magneto system to common battery depreciation reserve account."

Professor Jesweit will preside at the congress, and there are 50 delegates, representing Hayaii, Australia, Indo China, Japan, Formosa, Mauritius, the Philippines, British India. Egypt and tho United States, in addition to 90 delegates representing Javo..

U.S. TARIFFS

PROTEST BY FRENCH CHAMBERS OF COMMERCE

Paris, June 6. The French Chambers of Commerce have passed a resolution calling on the Government to institute protective mea- sures against tariffs and suggesting that the European nations unite against United States tariff increases.

HONG KONG MARKET PRODUCE.

APPROXIMATE RETAIL PRICES.

Butcher Meat:

Beer Sirloin

Prime Cuf

Corned

Roast Breast

of the to the

» Soup

Steak

an established busi- any failure of ness not only involves, loss of money and hardship for many people, but also is inevitably, a serious detriment to the general advancement country especially in regard discouragement it involves for the in-. troduction of foreign capital

Manufacturing Economics

economic study for the in- manufacturing any auguration of project should include the following considerations:

An

First cost of the completed plant, and the annual interest thereon.

Cost of maintenance and repairs. and the of raw materials permanence of their supply.

Cost

in manufacture

the of shops.

Amaunt of taxes of all kinds- not only on the plant and its out- put, but also on transportation and sale of the product throughout the

country,

Allowance for obsolescence, Allowance for a sinking fund to pay off the principal of the money borrowed.

Reduction in output because of too many public holidays

Contingency of strikes and the raoney losses involved thereby.

Lose from

break-downE machinery.

Steak Sirlon Sausages

Bullock's Brains

Tongue, fresh Tongue, corned Head.

AI

Heart

Hump, Salt

Feet

Kidneys

Tail

Liver

-Tripe

Calves' Head & Feet Mutton Chop

•牛尾耙

==

Ę RZEŹBBESI

and

June 14, June, June,

June 14, June, June,

1929. 1918 1914.

1929. 1918. 1914.

Cts. Cta. Cts.

Poultry.

Cta. Cla. CLE

Ib

28

24

12

thicken

Ib.

60

30

31

30

28 11

Capons, Sinall

13

28 90

29 12

肥線蟲

12

60 28 30

28 24 22

Duck

15 22

#

24 20 18

22

24

11

per doz. 28

18

新鲜鸡蛋

"

32 25 20

本地雞

Ib.

70

36-

海南雞

50 35

#

40 24

Pigeons, Canton

白

each 55 80

Hoihow

海口鸽

36

28

20 18 28 24 22 36 30 95

Capons, Large

Doves

Eggs, Hen (cooking)....

Eggs, Her (fresh)

Fowls, Canton

Fowls, Hainan Geese

HA

20 18

10 12 10 12

25 20 22 1814

80

11

Turkeys, Dock

furkeys, -Her

Snipe Pheasant Quail Partridges

Fruits.

Almends

Apples (California)..

each

pair

each

▪་སྐུ་

Legs

ឆនន៨៧ |. គង់ធំ ន | | | | | ∞ |

32 26 20

12

per sat 15

10 12

each 65

50

60

60.

$1.20

$1,20

lb. 24

18. 14

24

cash 20

"15

IL. 24

set $1.20 $1.00 $1,00

ib, 45. 26

Leg

45 .26.

Н

Shoulder Saddle

.44

24

羊鞍肉

45

Bananas (bride's).

燕山香蕉

Pig's Chitlinge",

30

27

Carambola

P

Brains

Per set a

12

#

Feet

猪脚

17

15

Coceanuts

each 14 10 10

of

Fry

30 15 18

Lemons, China

14

25 30

M

Hend

Possible reduction in the coun- try's demand for the company's product.

#

18 20

8

Heart

each 15

∙10 10

Kidneys..

13 10

3

荔枝于

25

Possible establishment. of rival companies, and their

rices

in rise Fossible wages.

Possible increase in tax rates.

Possible reduction in the import duty on articles of the kind manu-Port Chop factured by the company.

Liver

豬肝

48 30

新會甜橙

28

96 25

23

#

228

12

Leg

28

cutting of

Loin

40

60 70

梨

22

"

Fat or Lard

21

Peanuts

花

#

yo

workmen's Sheep's Head & Feet

per set 92

60

70

Persimmons, LEFT

12

12

Possible decrease in cost of pro- duction abroad.

Heart Kidneys

each 11

8

Plantain

*

#

8

"

15

"

12

10

"

Pumelo, Siam

Liver

13

1

46 26 26

* each 18

12

Walnuts

-1b. 25 25

22

18

30

20 18

Grapes

菩提

4626 26

20

20

20

28

#

On the other hand there should be Sucking Piga, to order considered the following contin- gencies

Possible decrease in cost of pro- duction due to increased skill of Veal the workmen, and from the com- pany's eventually sharing some of its manual profits among the old.

hands.

Suet, Beef

Mutton

Sausages

No...

Fish.

#!

Greater demand because of Im- conditions of life and proved

superiority of product Burbel ...owing to

over that of rivals, both at home Brean." and abroad.

Canton Fresh

Finally the patriotism involved in

providing & Bew enterprise for the Water Fish. Republic and thus aiding in the aug- Cary.. menting of its financial and commer- Catisk cial importance.

Cochab If, after giving due cognisance to consequence to the contemplated pro- Guttle Finti all the preceding items that are of Craba Ject, the result show a probable. net Dah revence as great as fifteen per cent. Dace on the investment, the enterprise will be a safe one; if much more than Dog Fish that it will be gilt-edged; but it less Eels, Conger than ten per cent, it will be of pro-

Fresh Water blematical value or even unsafe, be- cause the element of

·Yellow contiagencies has to be considered.

Kroga Garupa True Patriotism Among the previously-listed neti- Gudgeon vities and numerous others not men-

Herrings tioned, there should be found many

Halibut

that are worthy of the serious con- sideration of Chinese businessmen trus and other citizens of a speculative Loach turn of; mind, Such people should not forget that it is an act of true

bousters.

patriotim to inaugurate, materialise KUIGI and operate successfully any enter

prise that will enable their country Monk Fish to avoid the necessity of

forelza Foods of any Maller

Oysters

In view of the cheapness of Chin-Farrot Fish ese labour, the native intelligence of

even the uneducated class, the thrift... of the people in general, and the Pike stick-to-itiveness of the workmen, Place

there should be no prest dificulty Fenfret, White encountered by Chinese manufactur- ing enterprises in competition with Pomfret, Black those of foreign lands; hence the Prawns, capitalists of this country should take Ray

Heart and launch out into the manu Rock Fish facture of many things that China

Rocch needs to-day, and which she la not

in shape to buy from foreign coun- Salmon

Shark

tries.

Finally, let me offer, a word of ad-

vice to those Chinese who undertake Siste

and · rcceed · În building "up" good|Shrimps

business if the profits of your PTS SEApper duets be unreasonably great, ent down the selling prices thereof, o

as not to make of yourselves pro- Tasch

Atours and consequently, unworthy Turbot

and mpatriotico ritisensoi

猪排

排後頭

豬豬豬羊羊羊牛乳甜滋牛牛

鮮牛酒

#

尾肝肝脚骨腺手肉腸膳脚必要肝心堰肝油限 牛羊仔仔

尾肚 水 魚魚水:魚魚魚 魚鷹沙鯭魚腰痛班魚白甲花魚蝦魚魚魚𩵚芒魚肴膋蝦劼公魚魚魚 魚魚魚魚 經鯓蟹曌 鐵薄腕藚田石白騎將賣身前在芒许齡割頸花班白慕明翔石崇耳沙衕蝦立速尤左脚 公斑

# # 1.

Lemons (American)... 金山檸檬 each

Lichoes, Dried

Oranges (Canten) 24

Pears (Canton)

Oranges.

Vegetables, &c.

接

ལྟབལ|སྨ

ench 12

10

24

Beans, Sprout

lb.

20

16

Long

Beet Roat

12

"

25

Bitter Squash

€

30

13

16

Brinjals, Green

Red

35

12

9

"Cabbaga," "Chinese

92 16 27.3

94 28 26

22718

22 16

24

(Shanghai)

Cane Shools, bunch „Cauliflower...(Laigek=er

(Medlaxa)

Celory, Chinese

Chillies, Dried

But

Horseradish, Shanghai

Water Chestnuts ́ ́.

Mandarin.

each

34-

(Small)

20

椰菜

7

25 10

27.

16

與榮

30

10 18

辣椒

24

25

42 26

80

紅辣椒

36

10

10

Green

4532

25

:85 740

30

$2

22. 18

Carry. Stuff, English E Cucumbers

青花椒

15

19

10

8

6

26

18

28

Garlic,

24

18

Gingor, Young'

32

Old

57

22

24.

Lettace

30

20

26

28 19 1

บ

42 12

Mushrooms, Fresh

85

10

22.

36220

Onions Bambay

35 18 9

Green

· 18.

28 29

30.

86

30

36:

45

Pocato, Sweet

70

-10

-14--

18 10

American

40

13-

2642 10.

Radish

86

80

Shallots

96

16

Shanghai

Spinach Tomatoes

$18

21

12

Water

KERM ERS!