1929-08-08 — Page 2

China Mail 德臣西報 中國郵報 All

2

HONG KONG AND SHANGHAI

BANKING CORPORATION.

Katherined Cape

Imund and Fally Paid-up

Bonary Funday-

Carling

Blyer

----------☎ 6,000,000 $14,060,000

9,099.000 0,050,000

Misservs Liability of Propriators ........856,600;100

HEAD OFFICE, HONGKONG.

BOARD OF DIRECTORS

X. I. Brown, Esq.

Chairman.

W. Bali, Esq.

Dayaby Braless

Hak Mr. B. D. P. Beith. A. I. Campion, Raq M. T. Jahnson, Esq.

Landar Lawia. Eng

AMOR SANGKOK BATAVIA COMBAY JALCUTTA

CANTON

W. L. Paliendas, Ray T. K. Pearce, Hɔq,

J. A. Plummet. Mag. J. P. Warron, Kent,

Chia! Masung, Mon. Mr. A. C. Hyone.

ВНАМОНКИ заме

LONDON

LYONS MALACCA MANILA MOURDEN NAGABARI NEW YORK PEKING PENANG BANGOUN BLIGOR

n

CHEFOO COLOMBO DAIREN FOOCHOW HAIPHONG HAMBURS BANKOW RABBIN KONGREW [LOILO

тон

JOHORR

FOBE HOWLOON

KUALA LUMPUR

SAN FRAXO1800

SELANGHAI

SINGAPORE SOURABAYA SUNURI PATANI TIENTSIN TOKYO TRINGTAO

YOKUHAMA

Cerise Accounts opened in Local Currency Fixed Deposits waived for one your de

shorier periods in Local Cured

• 1970 which will be quoted

itong Kong, 2131 21:65, KİVA,

appleation and Berling

HONG KONG SAVINGS BANK.

The Busines of the shore Back Ir vondnok- by the HONGKONG AND SHANGHAI BANKING CORPORATION. Bulee may be stilord on appkmation.

FOR THE KOKOSONG BANKING CORPORATION.

▲ BEANGELI

A. 0. HENES,

Chia: Sinnaga.

Ben Kong. 181k keptember, 1927.

NEDERLANDSCHE HANDEL -

MAATSCHAPPIJ, N.V.,

(NETHERLANDS TRADING BOCIETY;

BANKRIO

---

Established 184, Hong Kong Offer :----21 Queen's Bond Castral.

Quilders 180,000,000 Aulkarind Capital magasan

(#22,600,000. Palt-Up Capita Gliders 80,000,000- (£0.48.587.) Berra Food

Builders $2,000,000

Head Offes{AMOTERDAM”). Eastern Band OH :—BAZÁVIA. BRANCHES :-Bandirmasi Bandoeng"] Bombay,

Cabs, Choribon, Djember. Dick. jokarin") The Lague"), Jiddah, Kohn, Kota-Radja, Makumat, Medan, Padang Polalonga Penkog Palambar

Rangoon, Bestardarm'), Biboles

Pontianak

Beinarang),

(Bumatra),

Slugsporn, Speraba

Boomkarta Boleh Tegal

and Waliavreden.

1. Thios años bara anda depoall boxes so lat.

Lender Baska Nations Provincial Bank Ltd.

Correspondense ali zest, the world

Banking balzens of cysty

description acted.

P. M. ELBERG,

Manage

Hong Kong, 27th May, 1929.

行銀商工法中

BANQUE FRANCO - CHINOISE pour le

Commerce et l'Industrie

(Incorporated in France).

Prince's Building, Chater Road, Hong Kung.

HEAD OFFICE:

74, Rue St. Lazare, Paris. Capital fully paid up..Frs.50,000,000 Special working capital .Frs.50,000,000 .Fra.22,812,000 Reserves

BRANCHES: Paris, Lyons, Marseilles, Saigon, Haiphong, Hanoi, Tourane, Quiahon, Huế Thành hoa, Vinh, Prom Penh.

Peking, Shanghai, Tientein, Hong Kong.

BANKERS: FRANCE: Societe Generale, Banque Nationala de Credit Banque de Paris et des Pays Bee. LONDON:--Midland Bank, Ltd.

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

NEW YORK-American

PETROLEUM

THE CHINA MAIL,

REVIEW OF THE SYNDICATE'S, INTERESTS

COMMERCE

AND

FINANCE.

SHANGHAI LAND.

LAND VALUES “ON” SURRENDER

IMPORTANT · RULING

THURSDAY, AUGUST 8, 1929,

Mr. Sparke looks on North Szechuen, | quired by the five largest. insurance road as "the second most important compenice, the Nippon, Chiyoda, road in the Settlement only being sur-¦ Meiji, First Mutual and Teikoku. passed by. Nanking-rond. It is a main On the other hand, cancellation of artery of travel leating into the Sattle-contracts is small in large companies ment from the north and south and I but large in minor companies. Thus rank it next in importance to the main small institutions are quickly reced- road running east and west, Nanking- ing to insignificance in a severe com- road."?

potition with large ones. But it is problematical whether this prosper- ous condition will continue long or not, because of the fact these large companies are trying to get as many contracts as possible by offering high dividends.

A Future Second to Nane Szechuen-road will have

According to this estimate North a future second to none and in its widening the land owners have not been benefited recent improvements that have taken so greatly as they have by the other place there, though naturally a wider road means more opportunity for com- merce.

crease

An issue of far-reaching importance to every landowner in Shanghai was settled in the controversy between the Shanghai Land Investment Company part of the year, and as this improve. and Shanghai Municipal Council re ment continues to be more than main-ported in tained prospects are distinctly favour-Gazette" when the Land Commission the Shanghai "Municipal able for the current year. The drill recognised the fact that the assessed ing contract department is also operat value of land was not necessarily a

Enormous Contracts ing with increased activity and now fair basis for deciding compensation

The average ratio of Increase of has contracts for drilling six wells, for owners of

insurance contracts of some larger The fifteenth ordinary general meet-

compulsorily-surrender.

the last five years ing of the British-Borneo Petroleum with prospects of further business.

Mr.. Sparke inclines to think that institutions for ed land. The Bordeni. Properties

the not distant future will sec several shows 22.8 per cent. for the First Syndicate, Ltd., was held at Winchester

Although by one way of looking at large department stores being erected Mutual, the highest; 19.4 House, Old Broad Street, E.C., Mr. This syndicate is also interested in the outcore, the Shanghai Land In on North Szechuen-road as well as im for the Chiyoda, 16.6

per cent. Walter Meclachian (chairman and

a Roumanian oil company whose capi- vestment Co. was the loser in the disposing hotels, both being put up by the Meiji, 15.3 per

per cent. for presiding. managing director)

tal is owned by the London and Mid-puto and there is no appeal from the de- leading financial interests of the Settle-Kyozai, and 10.5 per cent.

cent. for the for the The balance The chairman said:

land Oil Company, in which we are cision of the Land Commission, yet

The average ratio of in-. mains at £250,000, consisting of 500,000 ant London group. This Roumanian Company, felt that he won a signal evidence that there are other astute sheet shows that the share capital re-interested jointly with another import Mr. N. L. Sparke, appearing for the ment. Already the Post Ofice and the Aikoku,

Hongkew Hotel have gone up and are

for all life insurance com- shares of, 10s. each, all of which are

panies in registered owners in

Japan is 11.9 company is operating on the Bordeni victory for the

per cent. Judging from this ratio, the amount fully pald

The item of £220,356 on oilfield, from which it is obtaining a having the compensation issue brought and experts who hold similar views.

of contracts at the and of 1939 is the credit side of the balance sheet moderate output of oil, and it was anti- to a head. represents our

estimated at 7.9,725,000,000, an in- various interests

Point Settied st. Last rests cipated that during the year under re- and investments,

of the view the production from the existing exclusive

Mr. Sparke pointed out that the

crease of about 50 per cent. over If this those at the end of 1928. assets

remain- comprised in

wells would have placed the company assessed rate of Tls. 33,000 per mow

tendency lasts without any ing items, which consist of sundry on a self-supporting basis and at the for the land in question, Candastral Lot No. 897A on North Szechuen-road, debtors 21,830, British Government

change. the contract amount at the same time would have provided sur-

end of 1941 securities £83,341 and £3,844 of cash plus available for the further develop was greatly under the true value which

extimated at Y.23,900,000. There will be one com- at bank and in hand.

ment of the properties. As this ex- he believed to be much nearer Tis. pectation has not yet matorialised, the 100,000 per mow, but the important

holding to large pany

contracts to the amount of Y.7,900,000,000. Apex" Roumanian Company, which point was that, in computing compen is in charge of the administration of sation on the land at Tis. 76,000 per more than twice the assessed the Bordeni properties, has recently mow, made arrangements under which value, the Land Commission settled now has available the services of a once and for all a point that has long field superintendent with wide experi- been undecided. Mr. Sparke believes ence in the Texas Gulf pilfields where that the settlement of the case calls the conditions are very similar to those public attention to one of the hereto prevailing in Roumania. The opera- foze almost overlooked opportunities tions at Bordeni are now being for land investment in the Settlement.

under 'the

supervision conducted of this

engineer, by whom the modern

oil most

practice in

the

Allocation of Preft

of

Every description of Banking and

Съх Exchange Business Transacted. respondents throughout the world.

A. ROLLIN,

Manager.

The proft and loss account shows a Hong Kong, 1st July, 1929.

gross income for the year of £46,979 THE CHARTERED BANK OF and a net profit of £43,058. To this has to be added £27,444 of undistri- INDIA, AUSTRALIA & CHINA.

buted profit brought forward from the preceding year, making a total Incorporated by Royal Chater, 1863. 70,503 at the credit of the profit and loss account. Out of this there has £8,000,000 been paid an interim dividend, No. 12 £4,000,000 of 5 per cent, and it is now proposed to pay a final dividend, No. 13, of 73% .£3,000,000 per cent. for the year ended March 31 last. This will leave £39,253 of undis trinated profits to be carried forward,troduced, and it is hoped as a re- which assures our dividends for the current year irrespective of further sult to effect a substantial increase in current earnings., I would again point the production on the lines which had out that the income-tax deducted from previously been anticipated. your dividends is at the rate of only 23. 74. in the £, owing to Dominion in- come-tax relief.

HEAD OFFICE: LONDON. Paid-up Capital Reserve Fund Reserve Liability of Proprie.

torg

Agencies and Branches:. ALOR STAR

KUALA LUMPUR KUCHING MADRAS

(Malay Etw90}

BANGKOK

AMBITSAN

HATAVIA

BOMUAY

CALCUTTA UANTON

CAWNFORE GKBU

COLOMBO DAIREN (ny,

South Manchuria

DELAI

HAIPHONG HAMBURG HANKOW

BARBIN

(N. Manchasin'

HỒNG KONG

JLDILO

1PO

KABAGHI

KLANG

HOBA

KUALA BANGFAR

Park (F.M.B.)

MANILA

MEDAN

NEW YORK

PEKINO

PENAKO PESHAWAR RANGOON SAIGON

BENARANG SEREMBAN

SHANGHA BINGATORE SOVKABAYA

TAIPING

(P. 6.)

TOKYO

The position disclosed by the balance sheet and the profit and loss account must be regarded as in every way satisfactory, I shall now proceed to re- view the various interests of the syndi❘ cate.

TAVOZ

TIBKTRIN

TONGKAH (1huket

T9INGYAO

TOKOHAMA

is

The

our

ZAMBOANGA

Philippias Islands)

and

General

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,

HOW

methods is teing in-

Position in Borneo.

I have no change to report with re- gord to our interests in Borneo. No further operations have been carried out on the territory in British North Borneo over which we hold a conces- sion of the petroleum rights, which will lapse very shortly and the renewal of which is not contemplated. The Singapore Oil Syndicate has continued Apex (Trinidad) Ollfelda

these its operations on our mining lease at most important of

the Klas Peninsula, but these have holding in the Apex

not yet been attended with any material (Trinidad) Ollfelds, *Ltd.. The

success, At Brunei,

to immediately of that operations

company

dur-

the south of British North Horneo, the ing the financial year which ended

British Malayan Company is continu- On September 390, 1928, resulted in record output of approximately 295,000 ing active operations in drilling and otherwise testing that territory for oil tons of oil, but the profits showed a

in the hope of obtaining similar results considerable reduction from those of

to those which the same group have the preceding year owing to the gen attained with such great success in the eral all in the price of oil which re-adjoining territory of Sarawak.. Manager.sulted from over-production through- out the world. In spite of this, how- ever, the profits for the year amounted to the substantial sum of £246,429, after making full provision for depre ciation and what may be described as an exceptional provision of not less than £120,000 for amortization of the silwells. The dividends paid by the Apex Company for the year amounted to 35 per cents and the total dividend distribution to date now amounts to $1,112,000, without taking into ac

AELE count the interim dividend which was announced on June 13.

Hong Kong, 8th January, 1928.

THE HO HONG BANK, LTD. (Established 1917.3

Authorised

CAPITAL.

Issued Paid-up

Reserve Liabilities

$20,000,000 8,000,000 4,000,000

Shareholders

4,000,000 Surplus

2,219,000 HEAD OFFICES: SINGAPORE. Branches, Agencies and Correspon- dents in the principal cities of the world. BANQUE DE L'INDOCHINE. Exchange business transacted.

Every description of Banking and

TAN ENG HOOL,

Manager. Hong Kong, 15th May, 1929.

HEAD OFFICE:

96, Boulevard Haussman, Paris.

Subscribed Capital .Fre. 72,000,000,00 Paid-Up Capital ...Fra. 88,400,000.00 Beserve Funds ....Fra.102,000,000.00

BRANCHES:

Hong Kong Quinhon Bangkok Battambang Hue Saigon Bactho KLcgtze Shaughai Canton Nam-Dinh Singapore Dibouti Neumea Thanhes

Tientsin

Fort-Bayard Papeete

Haiphong

Hankow

Hanoi

Peking Tourane Pnom Penh. Vinh

Pondicherry Yunnanfu BANKERS:

THE BANK OF TAIWAN, LTD.

(TAIWAN GINKO)

HEAD OFFICE:-Taipet, Formosa. Incorporated by Special Imperial

Charter, 1899.

Central Bank in Formos. |Bank-Nolas_beued Averays Loun

Xen. 45,000,000 BRANCHES AND JAPAN-Tokyo Yokcharan, Kaba, Osaka, FORMOSA:-Ĝias, Karl, Karenko, Healang,

Makong, Xante, Shincklku, Taichu, Falan Takso, Tammul. Ten, Hoito, Tallo. |CHINA 1--Shangbai, Hankow, Amby, Fosebow,

Swatow, Canton,

IN LONDON: The National Pro- cipal Commercial Centres throughout the world. vincial & Uniori Bank of Enginud,

Ltd; Comptoir National d'Escompte Hoxe KONO BRANCH:

de Paris; Credit Lyonnais.

H. NAGURA..

Marage.

3, Des Voeux Bosé Conten

Hong Kong, 19th January, 1929. .

The Apex Company has continued to carry or an active programme of de- velopment and production during the current financial year, and the output for the eight months to May 31 has amounted to 269,364 tons, as against 182,000 tons in the corresponding period for the preceding year, an in-

crease of over 87,000 tons. This

output is easily a record for any eight months in the history of the company, The property continues to respond in a most satisfactory manner to the drilling programme, ás a result of which the proved area of oil-lands hag beep further considerably increased, while the original area has been ex tended by the acquisition of additional adjacent oil-lands and now amounts to over 1,300 acres, in addition

which rights have been acquired over a fur- ther 2,000 acres.

&

to

With regard to the outlook, in IN FRANCE: Comptoir National OTHERS-Hog Icap. Bingapore, Bourabaya, January last, speaking as chairman of d'Escompte de Paris; Credit Lyonnais; Semarang, Batavia, Bombay, Calcul the Apex Company, I stated that there

London, New York, Banque de Paris et des Pays-Bas;

LONDON

was good reason to consider that the Credit Industriel et Commercial; So-The London County Westminster and Puer's Bank. position and prospects were satisfac ciete Generalo.

The Bank he Correspondente in all she pla-105 and that the results for this year

would show an appreciable improve ment over those for the preceding year. I have pleasure in now. being in position to report that these anticipa tions are being well realised, as is to ome extent indicated by the interim dividend of 22 per cent, which was declared recently by the Apex Com pany. In these circumstances, I am certain you will readily agree with us (Specially Authorised by Presidential when I state that we consider we have

Mandate of the Republic of Chios

reason to be completely satisfied with on the 22nd of November, 1917).

the very substantial investment which Authorised Capital $60.000,900.00 this syndicate continues to hold in the Paid-up Capital

18,278,809.00 Apex Company.. -9,629,426.24 Reserve Fund

Conditions in Roumania

IN NEW YORK: J..P. Morgan Co.; French American Banking Cor poration; 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, ·

Manager Hong Kong, 1st May, 1929.

THE YOKOHAMA SPECIE BANK, LIMITED.

Established 1880.

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

Ten 105,500,000

Read Once-YOKOHAMA.

Branches and Agencies at: Alexandria

Newchwang

Batavia

New York

Bambay

Osaka

Buenos Ayres

Calcutta

Canton

Changehum

Peking Rangoon

Rio de Janeiro Saigon

Dairen (Dring) San Francisco

Fengtien (Mukden) Seattle

Hamburg Dee Semarang

Hankowsk

Herbin

Hong Konr Hanolqlu

Kal Yaet Karachi

Kobe

Landon

Los Angeles

Menis

Shanghai

Shinonome

Vladiva

THE BANK OF CHINA. 行銀、國中

HEAD OFFICE PEKING.

HONG KONG BRANCH:

business

INSURANCE

LARGEST JAPANESE COMPANIES

ALONE GROW

Bunching of contracts companies features the Japanese life insurance business

at present. This tendency promises to become more pronounced than ever. Total life in- surance contracts in Japon at the ond of 1928 were Y.6,607,000,000, includ ing new contracts of Y1,338,400,000 made during last year. Of these new contracts, Y.609,100,000, nearly half of the total new contracts,

was at-

serious

OLD TAYLOR

AGED BY TIME.

HONG KONG MARKET PRODUCE.

APPROXIMATE

Butcher Meat,

Beef Sirloin

"

Sausages

牛牛

Aug. 3, June, June,

1929. 1918.-1914.

RETAIL PRICES.

Fowla, Canton

Aug. 1, June, June,

1929. 1918. 1914.

28

25

牛尾耙15.

Cts. Cla. CES.

2824

Poultry.

Cta. Cte. Cta.

12

Chicken

B

55

Prime Cut

90 28 11

Corned

Capons, Small

58

23

F

12:

Capons, Large

*

Roast

肥線類:

65

28

24 22

Duck

50

Breast

24

18

Deves

each 28

Soup

24 20 13

EF

.: Steak

Eggs, Hen (cooking).

It per doz. 28

28 24

22..

Steak Sirlon

Eggs, Hen (fresh)

新鮮雞蛋

32

H

36 30 85

It

本地雞

lb.

70

32

26 20

Fowls, Hainan

海南雞

42

per set 18

10 12

40

50 each 66

60

Pigeons, Canton

白鸽 each 55

80h

60

20

Hoihow

海口站

34

28

.: $1.20

-$1.20

Turkeys, Cock

ib.

75

1b.

18 24

24

60

24 20

18

13

Snipe

each 10

∙∙10

12

Pheasant

pair

14

15 10 12

each

25 20

22

11

15.

24 18

14

86

"

Bullock's Brains

Tongue, fresh

17

+

Tongile, corned

Head

2

Heart

fi

**

Hump, Salt

4.)

29

Feet

Kidneyu

27

Tail

19

Liver

**

Tripe

Broadened Scope of Operations Having thus reviewed our oft inter- ests, I would now remind you that dur- ing the past year it was decided to broaden the scope of the operations of this syndicate in order to enable us to undertake business other than that associated with the oil industry, to which we were limited by our constitu tion. Although the general meeting at

ch this decision was taken was hold Calves' Head & Feet in July, owing to

caused by the delay Long Vacation, the comment of the Matton Chop

Court to the accessary alteration in our articles of association was not ob tained until the end of November. There has therefore, been

little oppor

Leg Shoulder Saddle

tunity for mating use of our extended Pig's Chitings powers, but we have investigated a good deal of business in the meantime and expect to be able to take an interest, with advantage to the syndicate, in cer tain promising business which is now under our consideration.

ard The report adopted.

acecunts

LAND SALES

Geese

Turkeys, Hen

set $1.20 $1.00 $1.00

Quail Partridges

Almends

Fruits.

Apples (California)

Bananas (bride's)

̇蕉山香蕉 胡

Beach 14

Lemong, China. b. 12

ཚབྷ་མཚ།8སམ་ 1། །ལྷ། |:མ།

- ន គ គ គ គ ន ន ន | ៩ |

*

35

金山藥

30

24

ib.

45 26

46

28

-H

44 24

45

30

Braing

Carambola

Per set 3

12

Feet

18.

15

Cocoaute

Fry

28

15 18

Head

18

.20

Hoart

each 15

: 10

10

Lemens (American)

金山檸檬 each

were

Kidneys

13

10

8

Lichecs, Dried

荔枝干36.

Liver

48 80

24

E

Oranges (Canton)

Pork Chop

猪排骨

35

25

28

Leg

Oranges

XB

#

Loin

40

60

Fat or Lard

21

22 70

Pears (Canton)

Peanuts

Sheep's Head & Feet

Heart

* per set 12

60 70

沙梨 50 花生 獻

14

each 11

T

Plantain

Kidneys Liver

15

12 10

大銀

4

:46

26.

25

25

Walnuts

20 18

Grapes

43 20 26

菩提子

30°

SHAMEEN PROPERTY SOLD HERE

Yesterday Messra. Lammert Bros. offered for sale by public auction two Sucking Pigs, to order lots of property on Saineen, and both were knocked down to Mr. Suet, Beef G. G. N. Tinson, of Messre. Johnson, TP Stokes and Master, for $220,000. Mr. Vesi

of cer- Tinson purchased on behalf tain principals whose identity was not disclosed.

Mutton

རསྐྱ༅ བྱ བ ོ་པ་ ང བ བ ཇ མ ཟླ་བ

ཌབླ་ར་བ་བ ོ་ མ་ ས

༄༅། །ཆས ཿ བྷ བྷཞབསྐབས་ ལམསབའས

肉肉肉排柳圧朧頭心脚

肝肚脚骨脾手肉腸狗什頂心肝骨胛無油脚心肝獾油油由

魚魚水 魚魚魚 魚魚雞班魚,白甲花魚蝦魚魚魚魚

牛羊仔仔

尾肚 水

牛油

25 22

20 20

Persimmons, Large

Pumelo, Síam

Beach 14

#tib. 18

Vegetables, &c.

Artichokes

Saussgen

No. 1

Fish.

lff cach 12

1b. 52 16

24

Beans, Sprout

腐無

40

20

18.

Long

省城淡水

40

Best Root

42

The upset price was $203,000. Particulara of the prop

property were given as follow

"The pieces or parcels

of ground Barbei respectively situate on the British and Bream French Concessions at Shameen, Can Canton Fresh ton, in the Republic of China and res Water Fish pectively known and registered at Carp His Britannic Majesty's Consulate General at Canton as Lot No. 41 and Catfak at the French Consulate at Canton as Codfish Lot No. 22 with the buildings res Craba pectively erected hereon and known as. Bomanji Building and the Club Cuttle Fish House held for the residue of terms Dab of 99 years each,"

COPPER OUTLOOK

WORLD OVER-SUPPLY NOW. OSOV PREDICTED..

Dsice Dog Fish

Eels, Conger-

Fresh Water

Yellow

Frogs Garoups Gudgeon

In proceeding to deal with, our in- terests in Roumania, I may mention that country, where I was very pleased to find a considerable improvement in 4. Queen's Road Central

the general conditions and also in con- Branches and Sub-branches all over nection with the oil industry. As you China and Correspondents in Europe, no doubt are aware, there has been a America, and other parts of the world change of Government in Roumania

London Bankers: The National and the attitude of the new Govern- Provincial and Union Bank of England ment towards foreign capital which is Ltd.

invested in the country is much more The Guaranty Trust Company of sympathetic and encouraging than

has

With the next 10 years in spite of | Harrings: New York

hitherto been the case, it being recog: the present shortage, there is likely to New York Bankers: The Irving nised that the assistance of foreign be a world surplus of copper,a-

Halibut National Bankin

a capital is essential to the development cording to Dr. Marvin, Economist of Labrus The Equitable Trust Company of of the natural resources of the coun the Royal Bank of Canada. Loach New York

Interest allowed on Current Ac groups, we hold a substantial interest 200 million pounds of copper in 1928

try Together with other important although Canadian production of Lobsters coun's and Fixed Deposits. Terms ou in the Oflweils Selection Corporation, sinunted to only 5 per cent of the Mackerel application.

Every description of Banking Busi And, through it, in a Roumanian com-world production in that year, he Monk Fish

pary called the Aper Roumanian |ness transacted.

Loans granted on approved sache Drilling and Oil Industry Supply ComStates, "authoritative articles on the

copper situation have mentioned the Mullet pany which carries on ition

on the increase in Canadian output, as the Oysters oilfields of Roumains. Fractically most important proportionate develop Parrot Fish Special facilities for Home from the commencement of its opera ment during that year. There are Perch change.”

tions that company has been handicap, now SHOU J, CHEN

five mines of major

importance ped by the unfavourable conditions engaged in active production, and be Pike which have prev

prevailed in the oil industry fore the end of this year it is probable. Plaice of Roumania and adversely affected that several other mines will be THE BANK OF CANTON LTD, both its trading department which dap turning out large

aant piles plant and materials to the oil fo considered possible that output of dustry, and also the department for a single one of these mines will be in Prawns

ollwells on contract terms. excers of 100 zalilon pounds, Car- Ray Towards the later part 1928, how tainly it is safe to predict that

Hook Fish ever marked improvement in these 1981, or 1992, Canada will be produ conditious became evidenti and aling a much larger, sproportion of though the contiésurance of world over world's supply than at present/ production has prevented any improvos

actor which tending to mped tent in the prevailing low pricen for

ediate drélopment “and all products, the "Aper

rtlen manian Company has alread

inly benefited from these

larke The the traditon gdepartment the. Kürnover shows an in-

#10 per cent,upa,

Sing the

hed: 191227)

Manager

Norther

there

here is mor

白鱔魚

SEBLEEME EKO TEKOER UKE BERHOEABROORKE

左口角

13

36

12

42 16 27

23

26

1627

23

16

-20

28- 10

3416

10 18

30

Bittor Squash

Brinjals, Green

Red

Cabbage, Chinese

(Shanghai)

Cane Shoots, bunch

Cauliflower (Large)

大梛榮花

each

(Medium)

(Small)

細椰榮花

Carrotsvi

Red

10.

10

20

ཎྜསྶ་ཡཋསྶ མཧྨ།།།=སྐ ༠སྐ |::|

-8

10

24

6

སྐྱུ ཡ ུ ཐ ཋ ཋ ཡུea|}|-Taགང༤༤་བླ་བླཕབ

竹 菜的瓜瓜瓜菜菜笋 花花花笋菜干椒椒料 | 米菜時萬

BREEDEHARE

辣椒干

Celery, Chinese

Chillies, Dried.

Green

Curry Stuff, English

Cucumbers

Ginger, Young.

Horseradish, Shan

Indien Corn

Lettuce

Water Chestnuts

TAX

紅辣椒

青花椒

Garlic

嫩生榮

·桂林馬蹄

Mushrooms,

御草堂

Onions, Bombay

上海表

Potato, Sweet

[།|།ཋགླུ |R |2|པཱུ| ། ° ༄ |

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