1929-07-15 — Page 2

HONG KONG AND SHANGHAI BANKING CORPORATION,

Kerikerised Capital: $23,000,000 Issued and Fully Tald-up

#0,000,000

Berre Yonda two

ring...,000,000

Πατατ

Reserve Liability of Proprisions $20,000,000

DEAD OFFIOR: HONGKONG.

BOARD OF DIRECTORS:-

N. 1. Brown, Eng. Theirmat.

W. H, Bal. Eng. Dapoty Chamath,

Mr. B. D. P. Daith,

W. L. Felbenden, B.

T. H. Pearce, Xaq.

A. . Compton, Zaa.

& A. Plummer, Raq.

M. Y. Jubinson, Pluq.

B. Kadar Lewis. Faq,

ΣΚΟΥ MANGKOK BATAVIA

-BON BAT

JALOUTTA JJANTON CREFOO

BOLA MOTO

DAIRE

TOOCDOW

ЗАЕРНОХО

HAMBURG

HANKOW

HARDIN

KONGEEW

ILOILO

ЦРОН

JOHORE

IOBX

KOWLOOK

J. P. Warren, E«q.

Chlad Manager,

Bon. Hr. A. 7, Hyose.

BRANCHES te

KUALA LUMPUR

LONDON

LYONE

MALACOA

MANILA

MOURDEN

NAGARARI

NEW YORK PEZING

PENANG

RANGOON

BAIGON

SAN FRANCISCO

MHANGHAI

RINDAPORE

SOUBABAYA

BUNGEI PATANI TIENTSIN

TOKYO

'CHINOTAO YOKOHAMA

Currace Accommia opened in Local Quarenży and Fixed Depola Palved for a year or shorter periods in Loral Curteney and therling en term which will be quoted or application. Hong Kong, 42 Miny, 1925.

HONG KONG SAVINGS BANK,

The Besiner of the ahore Bank le bonduss by the HONGKONG AND SHANGHA BANKIND CORPORATION Rules may be abtained on application.

BILANG HAI

A. O. BYNES,

FOR THE HONGKONG BANKING CORPORATION.

Hong Kong, 18th Baperaber, 1927.

Chief Manager.

NEDERLANDSCHE HANDEL- MAATSCHAPPIJ, N.V.,

(NETHERLANDS TRADING SOCIETY)

BANKERS

Established 1821.

Hong Kong Com :—13 Quran's Bond Canizal.

Authored Capital

Guillames 350,000,000. (12,500,000.) Pald-Up Capist

Galda 0,000,000

(£8,876.47.) Race Fuẻ... Quidos 60,000,000- (48,929,#14.)

Eluad Off (AMSTERDAM”). Eastern Head Ofs#:~~BATAVIA, BRANCHES-Bandisemanin Randang) Bombay.

Calcatla, Obselton, Djember, Djok jakta") The Hague"), Jiddah, Koba Kola Baja, Makomanz, Medan, Padang Palembang Takalongan, Pausag

Elbol Boorebaís,

Pandawak Ba Bostardaos'), (Sucati), Singapore

Semarang"),

Scalarie (Bols), Tegut, Tjieda and Weltevreden.") These allows hayo safe deponida bozan se lak. Lead_Bantar-National Provinslet Book Ltd.:

Capondate all over the world Binking business of every deception tracted,

r. M. ELBENG,

Macage. Hong Kong, 27th May, 1929.

BANQUE DE L'INDO-CHINE.

HEAD OFFICE:

96, Boulevard Haussman, Paria,

Subscribed Capital Fra. 72,000,000.00 Paid-Up Capital...Frs. 68,400,000.00 Reserve Funds ....Frx.102,000,000.00

BRANCHES: Bangkok Hong Kong Quinhon

Saigon Battambang Hue

Shanghai Nam Dina Singapore Neumea Thankea

Canthe Cantoti

Dljbout!

Fort-Bayard

Haiphong Bankow

Hanoi

Papeete

Poking

Fientain Toara.ne Pnom-Penh Vinh Pondicherry Yunnanfo BANKERS:

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

行銀商工法中

BANQUE FRANCO. CHINOISE pour le

Commerce et l'Industrie

(Incorporated in France).

Prince's Building, Chater Road,

Hong Kong.

HEAD OFFICE:

74, Rue St. Lazare, Paris.

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

DRANCHES:

THE CHINA MAIL,

LOCAL IMPORTS

CHAMBER'S FORTNIGHTLY

REPORT

PIECE GOODS QUOTATIONS

The following is

COMMERCE

taken from the

AND

FINANCE.

REPARATIONS

HOW GERMANY WILL PAY CREDITOR NATIONS.

NEW PLAN

THE

MONDAY, JULY 15, 1929.

ARTIFICIAL SILK

LTD.

INCREASED DIVIDEND

the amount which Germany is still due. to pay, though the size of each an- nuity and its distribution is given. Nevertheless, in contrasting the Young JOHN HETHERINGTON AND SONS, Flan with the Daves Plan, the report states that the substantial advantages. which the creditors are relinquishing in the shape of sums due under the Dawen Plan aro offset by those im- provements in intrinale and available values which arise from the certainty of commercialisation within a reason able peried, and its attendant finan- cial period, and its attendant financial economic psychology."

Issue of Bonda

com.*

that the decisive factor in the pany's emergence from the difficulties which followed the last boom had been

chairman's the

londdership efforts throughout the period of concentration and reorganisation; shareholders could feel that the spirit of enterprise which animated the whole staff should courage them to look forward to the company's prosperity and expansion.

ent-

ISLE OF MAN CABLE

The cable-ship Faraday, belonging to Siemens Bros, London, has left the Isle of Man to mark the course of 63 miles from Norbreck, near Blackpool, to Port Grenaugh, before laying & sub- marine telephone cable to the Isle of ed in a couple of days. The ship had 2,040 tons of cable on board-1,365 tons for the distance from Norbreck to the Isle of Man, and the remainder for the course from the Isle to

Haiphong, Hanol. Tourane, Quinhon, fortnightly report of the Hong Kong public are revealed by the full report oft Germany shall deposit with the action wool, worsted and waste ma- Man, which is expected to be complet.

Paris, Lyons, Marseilles, Saigon, Hue, Thanh hoa, Vinh, Pnom Penh

Péking, Shanghai, Tientsin, Hong Kong.

BANKERS:

FRANCE:--Societe Generale, Banque Nationale de Credit, Banque de Paris et des Paya Ba LONDON:Midland Bank, Ltd. NEW YORK:-American Exchange

Irving Trust Co., Banca Commer SAN FRANCISCO:-Bank of Italy.

ciale Italiana.

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

A. ROLLIN,

Manager Hong Kong, 1st July, 1989.

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA. Incorporated by Royal Chater, 1853. HEAD OFFICE: LONDON. Paid-up Capital

£8,000,000 £4,000,000

Reserve Fund.... Reserve Liability of Propric-

tora .....

...£,000,000

Agencies and Branches:

ALOR STAR

(Malay States!

AMBITSAR

BANDBOX BATAVIA ВОМВАТ CALCUTTA CANTON CAWNPORE CEBU COLOMBO

DAIKEN (Dolny,

South Maccharia

DELET

HALPHONO

HAMBURG

HANKOW

HABBIN

IN. Manchuria) HONG KONÚ

ILOILO

IFOR

KARACHI

ELANG

БОНИ

HVALA KANGRAN

Para (F.M,6)

KUALA LUMPUR

KUCHING

MADRAS

MANILA

MEDAN

NEW YORK

PEKING

PENANG PESHAWAR

RANGOON SAIGON SEMARANG SEBEKBAN

SHANGHAI SINGAPORE SOUDABAFA

TAIPING

(EM 6.) TAVOY TEENTSIN

TOKYO

TONGHAH (Bhuket)

ТОКОНАМА

THINITAO

ZAMBOANGA :)

(Philippine Islands)

ceived:-

in

Presiding at the annual general meeing Mr. Martin Coles Barman, the chairman, said that net profits, after depreciation, were Providing for more than the previous year. £70,578 183 7d or approximately £7,000 It was proposed to pay & dividend of 7% Little has been heard so far of the per cent. on the Ordinary shares, being actual machinery, which it is proposed to carry forward £33,398 14s. It was per cent. more than last year, and should be used for the commercialisa- the fifth consecutive year showing an tion of unconditional annuity. The re

Many economies Many points hitherto not made port lays down first that the debt shall increase of profits.

in production had been effected. The be fixed in the form af annuities, and mainstay of the business was still the General Chamber of Commerce:-

the Reparations Conference, a sum B.I.S. certificates to this effect, bearing chinery. mary of which is given below. It is Cotton Piece Goods & Fancy Goods

The new Nasmith comber The following reports have been re- disclosed, for instance, that Germany coupons for each annuity divided into

was very popular. The Rayon ma- two parts. will pay substantial interest post-

The actual issue of bonds

chinery had given great satisfaction to customers. The first of the Maratti There is nothing of particular in-poned transfera, and that the Repara-

and new business tions Bank may finance projects in Bri- capitalisation of any part of the an- machines was operating commercially, terest to record,

nuity is

take place at the request and giving satisfaction. They believed Ireland. tish Dominions. The report explains in transacted since the last report is

great detail the flexibility of the Young of one or all of the creditor Govern- this machine would create a revolution negligible. Clearances continue poor.

scheme, and emphasises that it hasnts, when the Bank, if it considers in knitting. The machine tool buai- and carry over of Light. Fancies

such a course opportune, can require Stocks until next year appears im- been arranged to meet practically every the Reich to create the bonds desired. ness now contributed to the profits and minent. Cotton is quoted 18.20 Mid. contingency that many interrupt the

By way of collateral guarantees, in the outlook was good. Reich's payments to the Allies. Am. "Spot" and 16.35 Eg. Sakel.

Increased Consumption addition to the liability of the Reich Fresh Details Another report states: There has

Mr. Harman referred to the great in- The full report of the Cominittee of railways, the Reich shall undertake to been a slightly better tone in the market and some business has been Reparations Experts, issued recently, assign certain revenues, such as Cus-crease in world consumption of arti- toms, for the service of the certificates, ficial silk, the production of which was already made done in Greys and Whites and Fancies.

will be still only about 8 per cent of that of Manchester prices have been firmer public, chiefly in the direction of ex- and these assigned revenues

plaining the financial details of the new governed by certain conditions to en- cotton alone. Mr. Harman stated that making business difficult to arrange.

that they remain at the right if means could be devised for avoiding reparations scheme, the reasons for Clearances have been a little better,

the experts' decisions and the spirit in be fixed by the B.I.S. in accordance operation among textile machinists The size of each issue shall the loss of strength due to lack of co amount. but there is room for a great deal

which they made their recommenda- with the requests from the creditor Hetheringtons would favourably con of improvement.

Woollens. Some business is report-

The attitude of the experts in pre-Governments and the desiderata of the sider any proposals from within that ed as

done in Starlet

issuing bankers, and after ten years industry. In closing, reference was having been Blankets, and a few lines of riscel-senting their report, like their predeces the bank may initiate the issue of made to the excellent work of Mr. E. V. sors on the Dawes Committee, is that bonds, in agreement with the creditor Haigh, managing director, and his sup- laneous goods have been settled.

regard it as an indivisible whole, Governments. they Yarn-During the interval Cotton

porters of every grade. Mr. Haigh said and will accept no responsibility if it market remained stagnant and busi- neas entirely neglected. Prices have delay in giving it execution.

is only partly applied, or for undue further declined $5 to $10 per bale.

Nominal quotations are as follows: -No. 103. $100-170; No. 12s. $170. 175; No. 16s. $175-180; No. 208. $180-185.

Raw Cotton. Nothing doing.

i

adds

tions.

to information

Germany's capacity to pay has, ap¬ parently, been kept in mind all the time. "It has been our object," the report states, "to make proposals for financial obligations which, with the conditions and safeguards which accompany them, shall be within Germany's capacity to We realise the responsibility of pay. this declaration, and also how much depends on the future attitude of the

BRITISH ENGINEERS peoples who are to become parties to

THE JUNIOR INSTITUTION'S FORTY-FIFTH BIRTHDAY

reasons

Tike

this

agreement. If their attitude should

be tinged with antagonism, or even suspicion, a settlement perfectly feasi

Бите

HONG KONG MARKET

_0x

of

Owing to the modern development of blast furnace practice, a number of old type furnaces have been dia mantled during recent years. Messrs. Thos. W. Ward,

Limited, "Sheffield," have dismantled furnaces at Middlesbrough and Netherton dur ing the last twelve months, and we understand that they have arranged to take down the Erowash furnaces near Ilkeston. The Erewash furnaces were for many years a landmark on the L.M. and S. Railway near Trowell Station, and a familiar sight to pas aengers on the main line between Lon- don and the north.

MARKET PRODUCE.

APPROXIMATE RETAIL PRICES.

Butcher Meat.

ble with good will would sooner or later Beef Sirloin encounter diffealties."

Projects Abroad

make it cling to its title,termined ion, and which has not hitherto re-.

the fair

and Goners! never

Foreign Exchange Banking business transacted.

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

A. H. FERGUSON,

Manager.

Hong Kong, 8th-January, 1929.

THE BANK OF TAIWAN, LTD.

(TAIWAN GINKO)

80

From the history of the ideas which gave birth to the Bank of International Settlements there emerges one point which may closely affect British Domin-

celved attention. It is: "Moreover in far as the task of transferring the payments into foreign currencies is in- volved, besides a restriction of imports, we envisaged the possibility of a finan- cial institution that should be prepared to promote the increase of world trade by financing projects, particularly in otherwise not be attempted through the ordinary existing channels."

are no longer so in yea25 members./developed countries, which might |

Sunsages ..... Ballock's Brains

The annual dinner of the Junior In- stitution of Engineere of Great Britain celebrated the forty-fifth year of that body's existence, from which it is clear that only sentimental

unless, sex, it is admit before to

the world that

growing up. In point of fact the Institution claims some notice that, as regards seniority, it is among the first ten bodies of the kind devoted to engineering, while we all know that members once young nor junior Starting in status. i now has nearly 1,600, and mans Societies come after it both in date It has already had and membership. the distinction of answering to no less than five names, and obviously the present is neither one thing nor another, though it serves to per- petuate

the basic principles of the body that the ideas of youth, as re- gards friendliness and helpfulness, should prevail within its borders, among and between members whether What will happen if old or young. the Institution

is attacked by the Royal Charter, fever, now so prevalent, it is difficult to say. Shall we some Kobe, day have "Chartered Juniors" claiming By putting payments on a business We believe that, in order basis, it is stated, the bank makes their & claim to a charter, receipt more certain. Interesting de Takso, proof is required of a definite con- tails are given of how this will be tribution to progress not anticipated affected. The bank may forestall a by claims of others, Whether

the possible postponement of the annuity Privy Council would recognise it by using its power of giving credit, or

In stitution has andoubtedly

marks currently accruing to its ac- Pork Chop counts at the Reichsbank. This would

HEAD OFFICE: Taipeh, Formosa.

Incorporated by Special Imperial Charter, 1899.

Central Bank in Formosa. Bank-Noten issued.

Average amount

Yen. 45,000,000

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

Osaka.

The wide powers given to the bank are explained by the fact that, in the interest of obtaining results with the greatest efficiency, it was undesir able to limit unduly the functions of the institution. Who desire that the bank shall not compete with existing Institutions is stressed again and again, and it is added that no clear line can be drawn between the bank's obligatory functions, such as the distribution of the annuities and its auxiliary tune- tions, because the first lead naturally into the second.

Preventing A Crisis

Calves' Head & Feet Mutton Chop

#

July 4, June, June,

1929. 1918 1914.

60

Fowls, Hainan

:. Geese

Pigeons, Canton

*J

Holhow

Turkeya, Cock

Turkeys, Hen Snipe Pheasant

Quail Partridges

肥殺雞

本地雞

海南雞

182

鶏緑肥鴨玨霧新本百海丸火沙由鷓

នឌ គឺ ឌ ឌ ១៦

2ឌ

81

21

24

គតិ នឥត ! ឌ ឌ | | | | | | |

! |

ཤ བ བ རü ཧྰུྃ་ ད གེ བརམྦྷོ་ངྒ ་ བ དརྞྞསྠཽ བ

-

Cts. Cts. Cts.

Poultry.

July 4, June, June,

1929. 1918. 1914

Cts, Cts. Cta.

4.1 #

lb.

28

-24 12

Chicken

55

12

Prime Cut

30 25 11

Capone, Small

50

Corned

23 12

Capone, Large

60

Roast

#

28 24

Duck

40

Breast

24 20 18

Doves

Beach

35

12

Soup

24

20

18

Eggs, Hen (cooking).

per doz. 28

Steak

1J

28

24

23

Eggs, Hen (fresh}

新鮮雞蛋

32

26

*+

Steak Sirlon

36 30

85

Fowls, Canton

70

H

32

26

20

12

50 35

13

+

Tongue, fresh Tongue, corned

per set 15

10

12

40. 24

ench 65

60

each 55

€0

28

**

Hend

1x

» $1.20

-$1.20

Heart

3

24

1B 14

J

Hump, Salt

20 18

Feet

77

a cach 10

Kidneys

13

4

18 10.

10 12

12

Tail

12

25 20 22

Liver

DJ

24

18 14

Tripe

·སྒྱུ 6

7

set $1.20 $1.00 $1.00

Fruits.

排骨

45

26

Almonds

Leg

45

26

Shoulder

44

Apples (California)

̇金山萍藥

""

24 24

羊校

45

Bananas (bride's)

蕉山香蕉

90

Carambola

12.

Per set 3

12

Coconuts

10

15

each 14

10

10

98

15

19

Lemons, China

14

25

80

18 20

Lemons (American)

8

8

each 15

10

10

18

10 3

Lichoes, Dried

25

80

48 30 24

Oranges (Canton)'

新會甜橙”

26

84

26 23

Oranges

機

28 13

86

Pears (Canton)

98

GO

畅

梨

80.-

31

21

Peanuts

生活

14

∙10

12

頭

per set 92

60

70

12

each 11

8

7

Plantain

大-瑞

16

12 10

46

26

25

Pumelo, Siam

each 16 12

Walnuta

25

25

22

合

80

20 18

Grapes

菩提子

45

26. 20

Vegetables, &c.

11

J

Saddle Pig's Chitlings

Brains

7+

t

Feet

ヤ

Fry

Head

27

#

Heart

#

D

Kidneys

Liver

"

Kong, Singapore, as sufficient or not, the tribute it may invest in Germany reichs- |

LONDON BANKERS:

Parr's Bank.

-P

門

Leg

Loin

2F

Fat of Lard

FORMOSA-Giran, Kagi, Karenko, attention?

Keeing, Makong, Nanto, Shinto establish chiku, Taichu, Tainan, Tamsui, Toen, Heite, Taito. CHINA-Shanghai, Hankow, Amoy,

Foochow, Swatow, Canton. OTHERS: Hong

Soerabaya, Semarang, Batavia Bombay, Calcatta, London, New good fellowship among engineers in

a way not accomplished by any other return to the German economy a par- Tork, Dairen

body, and, starting with the small nu- tion of the annuity. Both these mea- The London County Westminster and leavened quita a good percentage of ven

eleus of o

so many years ago has now cures, it is emphasised, are rather pre-

ventatives than cares, serving to ease Sheep's Head & Fert the

with its spirit, The the strain until corrective measures

Heart profession

Kidneys The Bank has Correspondents in the Commarea function was, as usual, characterised had time to exert themselves. Cantres in the European Gemtinent, limein by the genuine "Junior" feeling bet Those instances, the experts claim, chorie, Taingiac, Japan, Indo-Ching Blandtween old and young, and for this show the remarkable flexibility of which Philippine Islanda, Java, Alrios, UBA., Ansteulia,

reason alone was ■ success. The the institution will

Sucking Pige, to order be capable Interest allowed on Current Bounde, sad and toast of the evening was "Pioneers of handling payments to the creditors. Suet, Beef Depot anies which will be quoted applics Progress," given by Mr. Frank Hodges Other instances of joint benefit will be

Mutton ea. Depolis in Yes can be accepted

K. NAGURA, and replied to by the President, Lt. that the bank may give short-term

Manager. Col. J. T. C. Moore-Brabazon, M.F., credit to purchasers of deliveries in Veal

himself a pioneer in aviation and other kind, notably for the construction of fields. In fact, among the pioneers public works. of recent times, many bave held the presidential office of the Junior. In- stitution, to the undoubted advantage of the Society and most probably of themselves as well-Engineering.

The National Pro-HONG KONG BRANCH:

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

IN NEW YORK: J. P. Morgan & Co.; French American Banking. Cor. paration; 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 Boxas to let.

A. LECOT,

Hong Kong, 1st May, 1929.

Manager.

3, Des Vosux Road Central Hong Kong, 19th January, 1929.

THE BANK OF CHINA. 行銀國中

(Specially Authorised by Presidential Mandate of the Republic of China on the 22nd of Novamber, 1917), Authorised Capital Paid-up Capital Reserve Fund

$64,000,000.00 18,278,000.00 9,629,425.24

HEAD OFFICE: PEKING.

HONG KONG BRANCE:

London

THE HO HONG BANK, LTD.

(Established 1917.3.

CAPITAL.

Authorised...2...

Issued

Paid-up Beserye Liabilities

Shareholders Surplis

$20,000,000

»

Liver

TI

>>>

Sausages

No. 1

Fish.

省

Conservative Figures In explanation of the figures which they have fixed for the annuities, the experts say it was their object to find a. scale which could be paid with the regularity of the coupons of ordinary Bream marketable bonds. We recognise that Canton Frash

Barbel

in fixing the non-postponable annuity Water Fish.

at £93,000,000, we have taken a conser-.

vative amount, but we are satisfied that Carp

it is wiser deliberately to underestimate Catfish: then to run the slightest rials of weak Godfish ening German credit by proposing Craba figure which might not command in

stant acceptance by well-informed pub-Cattle Fish 8,000,000 lic opinion."

4,000,000

Dab

Fresh Water Yellow

The details, given of the measures of Dacc

·4, Queen's. Rond Central,

safeguard for Germany of which the 4,000,000 power to postpone transfer is stated Dog Fish Branches and Sub-brancher all over

2,219,000 to be the essence, show that she must Eels, Conger THE YOKOHAMA SPECIE BANK, China and Correspondenta in Europe,

America, and other parts of the world HEAD OFFICES SINGAPORE give 90 days notice before the two-

National Bankers: The

Branches, Agencies and Correspon- Provincial and Union Bank of England, dents in the principal cities of the Ltd.

world. The Guaranty Trust Company of Every description of Banking and

Exchange business transacted. New York.

TAN ENG HOOL New York Bankers-The Irving National Bank.

-Manager. Hong Kong, 15th May, 1929

LIMITED.

Established. 1880.

Capital (fully paid-up) Yen 100,000,000 Reserva fund .::Yes 105,500,000

Head Offices-YOKOHAMA

Branches and Agencies at:

Newchwang New York.

Osaka

Alexandris Batavia Bombay Buenos-Ayres -

Calcutta

Canton Changchun

Peking Rangoon Rio de Janeiro Salgon Daireu (Dalry) San Francisco Fengtien Mukden) Seattle

Hamburg

Fankuw

Harbin

Hong Kong Honoluim

Kal Yuen Karachi

Tob

London

Los Angeles

Manila

agoya

Interest allowed,

Semarang Shangha Shimonoseki Singapore Soerabaya

Sydney Tientsin Tokyo Teinanfu

Tsingtai

The Equitable Trust Company of New York

Interest allowed on Current Ac counts and Fixed Deposits, Forms an application

Every description of Banking Bus!

ness transacted.

Loans granted on approved secur ition:

Special facilities for Home

change,

THE BANK OF EAST ASIA, LTD.

HEAD OFFICE: HONG KONG. 10 Des Voeux Road Central

d) Hong Kong, Authorise Capital Paid-Up Capital ·

SHOU J. CHEN,

Manager Reserve

THE BANK OF CANTON, LTD.

Established 10127

Head Office Hong Kong-

Batavia Bombay

year moratorium can apply. The Special Advisory Committee will be convened by the Reparations Bank, and Frogs will at once consider the conditions Garoups which have led to the necessity for Gudgeon postponement. The Committee shall Herrings Be purely consultative, and its members shall be nominated by the Governors Halibut of the centralbanks of the Powers Labrus concerned, but they shall have no off-reach cial connection either with such banks

or with their Governments. It shall Lobster have no power of granting or refusing Mackerel a postponement, bat it may hold an in-

the Governments. quiry and report to

Monk Fish

on Oysters

Certain. Restrictions Mallet Certain restrictions are placed $10,000,000 Germany's right to postpone transfer. Perot Fish

6,000,000 Once an xanuty bas bien postponed, Perch ... 1,600,000 the annuity of the following year may,

year, unless the first year's payments Plaice not be postponed for more than one Pike have been effected in full The trans Pomi fers in the third year cannot be post Pomfret poyed at all until the first year's pay- ments have been effected in full.

Prawns

BRANCHES AND AGENCIES

Melbourne San Francisco Nagasaki. Sektile Cak, ta New York Semarang Canton

Osaka Singapore Haiphong

Sourabaya Peking Sydney Penang Taipeh

Honolulu

Kohe

8004,200

Kowlcou

Authorised Capital (HK Durrency) $11,000,000 Paid Dy Capital at Baserva ·Fund's

LONDON

Hong Kong 19th

Rangoon

Shanghai

cdents in all principal estles

FAN TONG

A point not hitherto revended in that Ray .. Substantial intarest shall be paid by Rock Fish Germany of all transfers postponed Roach The interest is fixed at 1 per cent. per annum above the current Relchshank Ralmen discount rate, offat 645 per cent Shark

dchères is lower, on

daly Stat

their

maxpostponed and

bean utilised for de Shrimps

Shap

Chlef Manap angnever gives

these reduptions, nor

hite

* * *

牛羊仔仔

開猪羊羊羊牛乳牛牛

尾肚

翻肚

·魚魚 魚魚魚 魚 沙路斑魚白甲花魚魚魚魚芒魚傘館蝦公魚血無魚,但低ROA

KEKLESS

#

KEEKKEQIFERIECUBERSSEDHEAPERHERNE

de:

བ ནཀྑ, པནྟིཾ བ ཌ མཚོ ཆུ མར ནང་ཎྜ རཱ་སྒྲོ࿄ ད ར ན དུ ཀཽ ཀཽང མ ང ང བ ་ས་ ་བ

20 RC

20 26 27

28 16

45 2.3 16

20 20

23

10

-25 16

10

18

32 26 30

65

82:25.

80

檵檐 椰

# 糖 Tb.

金山檸檬 each

##T

#

Persimmons, Large 紅柿

•

Artichokes

Beans, Sprout

Long Beet Boot Bittar Squash

Brinjals, Green

Red

Cabbage, Chinese

Carrota

IN

BKHUSEJKER

·竹菜角頭瓜瓜瓜菜菜笋

40 30

22 18

18 28

Celery, Chinese

Red

Green

Carry Staff, English.

紅辣椒

GO 35

ཋགཧ། " *

ཧཱུཾཨྰཿཚ་ཡ།ཇ༅ ༞ |

5.18

5 8

}!] 「ཋཋ |a |a 1.སྐྱ { | ཁཋ|

10

each 19

b.

10

10

8

10

5

8

Ib.

26 16 24

20 20 18

82

88

25 13 18

86

16 27

34

12

(Shanghai)

16.

28

Cane Shoots, bunch Cauliflower (Large)

10

each

(Medium)

E "

(Small)

扫椰榮花

金等

1b.

10.

辣椒干

32

255

30-10

10

青花椒:

168

10

8

精瓜

0

2

10

14

10

80

生榮

Mandarin

M

鲜草我

洋葱頭

上海蓉頭 芹

菜

Sweet

Japanesa

日本黑仔 金山薯仔

Cucumbera

Garlic

16

Ginger, Young

OM

18

22. 24

Horseradish, Shan

Indian Corn

Lettuce

Water Chestnuts

Mushrooms, Fresh

Onions, Bombay

Green

Shanghai

18.

water Lily Root

紅雞妆仔