1930-01-18 — Page 2

2

HONG KONG AND SHANGHAI BANKING CORPORATION.

Lukkaria Capital 156,000.000 loved and Pully Palikan mo 430,000,000 Bosorge Funds 1-

§. 4,000,000 ,000,000

Veling

Bonnera Biability of Proprietses v. $30,000,000

BRAD OFFICE, HONG KONG.

BOARD OF DIRECTORS)~

W, H. Ball, Eng.

Chatrous

¿. à. Plumar, Lag, Deputy Chairmas.

■ D. P. Bettà, Esq.

1. R. Compton, Eaç,

T. Jakson, Eng.

• Lankar Lowie, Eng.

AMOY

MANGKOK MATAVIA

MONDAY

"DALCUTTA

*CAKTOX

*TERFOO

OLOMBO

WARKE PUOCKUW DAIPHONG

-W. IL Palresden, Bog.

T. E. Pear Eng.

T. H. R. Haw, Esŋj.

J. P. Wuta. Boa.

Chisi Manager.

Elạm. Mr. â. 0. Hlynas.

·· BRANCHED 1-

LONDON

LYONS

MALACCA

MANILA

MOVEDEN

MUAS (Salvare)

КЛОДНАЖЕ

NEW YORK PEPISO

PENANG

RANOOON

KAMBURI

SAIGON

BANIUW

SAN FRANCISCO

RABBIX

SHANGHAI

BONOKEW

SINGAPORE

Toro

SOURABAYA

POSI

JOGI

KUNGEI PATANI " TIENTSIN

KORN

KOWLOON

TOLYO TSINGTAO

KUALA LUMPUR-LORAMA

Yau T

Curran Anomante opened in Lonal Currency sad and Deposits received lar nas short periode in Loral Currency and Sterling Bros #lah will be quoted to application. Hong Kuns, int Jamuang, Kri

HONG KONG SAVINGS BANK.

Ta sine of the abees Beak is cond 1158-

by the HONG KONG AND BUANGBAL

BANKING COMPORATION.

ebased on sepilostion.

FUA THE HONG KONG

BANING CORPORATION,

Bules may be BHANGITAI

4. DYNER.

Oblel Hangat.

Ho Song, 19th September, 1921.

NEDERLANDSCHE HANDEL. MAATSCHAPPIJ, N.V. <SETHERLANDS TRADING BOCIETY)

BANKERS."

Established 1994.

Bong Bang Omen:—L! Queen's Bood Central Antikorland Capital - Qwilders 180,000,000- (211,500,000.) edug Capibal Quldare 80,000,000- (40,668,807.) Korra Fund ................ Quidere -,00,000-

(£3,889,580.)

THE CHARTERED BANK OF INDIA, AUSTRALJA & CHINA.

incorporated by Royal Charter, 1852. HEAD OFFICE: LONDON. Paid-up Capital

Reserve Fund

.£3,000,000 .£4,000,000

....£3,000,000

Reserve Liability of Proprie

tors

Agencies and Branches:

ALOU STAR

(Malay States)

AMRITSAR

BANGKOK

BATAVIA

BONDAY OKLUUTTA

CARTON

CAWNPOSE

OESU

COLOMBO

DAIKEN (Dačky.

Boush Manchuria)

DELHI

EN, Manchuria

HAIPHONG

HAMBURG

LANEOW

KARIN

KONO SONG

TLGILD

IPort

KARAOKI

KLANG

KUALA KANOPAR

Ferat (F.M.B.)

KODE

Foreign

KUALA LUMPUR KUCHING

LDRAN

MANILA

MEDAN

NEW YORK

PEKING

PENARO.

PESHAWAR

HANGOON

RATION

SEMARANG

SERPNIAN

AHANGAI

BINDAPORS

BOURANAYA TAIPING

(P.M.9.J TAVOY TIENTSIN TOKYO

TONGKAR (Blakel] TAINSTAR УЭКОПАМА

ZAMBOANGA

('blippine Islands)

Exchange and

Banking business transacted.

A. H FERGUSON,

Manager. Flong Kong, 8th January, 1929.

THE HO HONG BANK, LTD. (Established 1917.)

THE CHINA MAIL.

COMMERCE

RUBBER SUBSTITUTE CLAIMED BY SOVIET

NATIVE PLANT, YIELDS SUCCESSFUL RESULTS

New

EXPERIMENTS

A N.D

FINANCE.

LOCAL SHARES

Benjamin and Potts' Weekly Report

Messrs. Benjamin & Potts,, cal share and general brokers, in their weekly share report dated yesterday

state:-

SATURDAY, JANUARY 18, 1930.

HONG KONG MARKET PRODUCE,

·APPROXIMATE

RETAIL PRICÉS.

Butcher Meat.

Beef Sirloin

Prime Cut Corned

Roast

J

Breast

Soup

ja

4

..

Tail

Liver

"

Tripe

4*

lb.

Jan. 9, June, June,

.1930. 1918, 1914.

sach 65 60 80

60 -$1.20

24 18 14

Poultry.

Jan. 9, June, June,

1930, 1018. 1914

Ctx. Ct. Cla

· Ib. 30

48

躲期

58

"

98

1

36

Eggs, Hen (cooking)..

Eggs, Hon (fresh)

新鮮類雄

***

each 25

per doz. 34

A

ད ༅ ད་མཚོ་ར༅་མ་འཚོདྦྲྀ་ མ

គ គ គ.ស ដគ គ អង្គ និឪ | ៨ | | ||

Geese

Pigeons, Canton

Holhow

Turkeys, 'Cock

Turkeys, Hen

Snipa Pheasant

Quail

Partridges

海口确

62

4B

40

each 60

32 28:

75

60 61

25

pair 1.70

each 22

90

Fruits.

·

31

30

80

21

21

20

24

24

24.

415

Cts. Cis. Cls.

28 24 13

Chicken

30

29 11

Capons, Small

23 12

Capons, Large

28

24

Duck

24 20 18

Doves

•

"

21 20 18 28 24 23 84 80 85

Fowls, Canton

-

82 24 20

Fowls, Hainan

pur set 15 10

12

Tongue, fresh

#

Tongue, earned

Head

H

10 $1.20

Heart

牛

b.

*

Hump, Salt

4.

i. 84

Feet

#

4

10 each 10

み

Kidneys

*15 10

20 18

12 12

1

20

22

#

.Ib,

24 18 14

8 5

19

"

set $1.20 $1.00 $1.00

羊排

11.

20

#

Log

¥

Shoulder

28 24

← lb.

00

Saddle

20

22 24

羊酸

27

Bananas (bride's)

燕山香蕉

H

4

Brains

*

粥

Per set 8

Carambola

#5

椿

Fect

"

猎

lb.

15 15

10

10

Fry

H

15 18

饅

Lemona, China

8

26

30

Hend

20

-

Heart

each

10

10

Lemons (American)

8

-

Kidnay

10 8

H

Lichees, Dried

Liver

b.

80 24

Oranges (Canton)

新會甜桃

10

44

25

23

LIN

1

Leg

Oranges .....

樱

15

Loln

TF

猪優

60

70

Pears (Canton)

16

11

颇

Fat or Lard

21

"

Peanuts

#

13

*

Sheep's Head & Feet

per set 90

60

70

Heart

++

each 12 8 7

Porsimmons, Largo

#

12

Kidneys

#

Plantain

12

10

*

#

J1

G

Liver

4

26 25

Ib.

25

22

Pumelo, Siam ....................⠀⠀⠀ each 14 Walnuts

12

8

✰✰ 1b. 18

16

20

18

28 26

Grapes

16

20

ת

H

Pig's Chitlings

Stark Steak Sirlon York. The Soviet Rubber Business during the period under "Sausages

review has shown ao noticeable er. Bullock's Brains Trust, which supervises the entire rubber industry in Russia, devoted pansion, but the undertone of the much attention during the past year market is firm. Interest has been to a search among domestic plants chiefly centred in the favourite count- ors, which have been the medium of for a substitute for imported rubber, Rays an economic review issued by fair turnover, while Investment General the Amtorg Trading Corporation. It shares continue in good request and

was believed possible to discover are readily saleable at quotations. Current Accounts opened and Fi-rubber-yielding plants which could Banks.--Hong Kong and Shanghai ed Deposits received for 1 year or

Banks have advanced to £117 (Middle) which will either be used alone or mixed with shorter periods at rates

in London, but were realised again imported rubber, and several expedi be quoted on application.

tions have been sent out in the last locally at $1,300 to $1,305. A.

dividend few years to search for such a plant.

£3 and bonus £1 (making An expedition In South America for the year) have been declared.

Calves' Head & Feet .. brought back seeda

Marine of the guayule,

and

Fire Insurances- which were shown to be able to with Unions are slightly higher with trans-Mutton Chop! stand the climate of many parts of actions, reported up to $380. China Russia.

"However, the rubber yield Fires, have spurted to $340. Cantons of the guayule, if grown in the at $715 and Hong Kong Fires at 4826 US.S.Rould not be determined have likewise strengthened, and.can.

be placed at quotations. until the expiration of four years. $20,000,000 The Rubber Trust, therefore, decided Shipping.-Union Waterboats were 8,000,000 to continue exploration work with a dealt in at $234. Hong Kong, Can- domestic plant," ton and Macao Steamboats fetched 4,000,000 view to finding a

$274.

Preferred Indo-Chinss at $43 states the Amtorg_review.

Professor G. Epise, continue neglected. 4,000,000 According to

Docks, Wharves and Godowns.— 2,219,000 two species of a plant called Chon- HEAD OFFICES: SINGAPORE.drilla have been discovered

in the Kowloon

Wharves

have remained Branches, Agencies and Correspon- Azerbaidzhan region of Trans-Cau- steady with sales reported at $145 donte to the principal cities of the casia and in the Kazakstan Republic and further buyers. Whampoa Docks

have been sold at $30 and are obtain. Pork Chop world.

of Central Asia, and he believes that

able substitute supply Every description of Banking and the plant may

at $314. China Providents Exchange business transacted.

for rubber. The Amtorg

bulletin

changed hands at the cutset at $5%, TAN ENG HOOI, states that, since the Rubber Trust but are offering at the close at $5.35..

makos 40,000,000 pair of rubber boots Shanghai Docks at Tls. 100 have not Manager. Hong Kong, 15th May, 1920. annually, also 150,000 rubber tyres, moved.

Lands, Hotels and Buildings-Hong Imports of rubber are considerable. Also the

of the

Копк native population

and Shanghai Hotels were poorest parts of Kazakstan will be negotiated in fair quantities up to 512% Humphreys Estates are en- given a new occupation. The benefits

quired for at $14. derived from the new enterprise are

Hong Kong Bucking Piga, to order Lands were sold at $65. Realtys are Suet, Beaf declared to be many.

on offer at $8.80. Shanghai Lands

Kutton have had a sharp move upwards to

Ven! Tls. 172.

CAPITAL.

Authorised Issued

Paid-up

Reserve Liabilities

Shareholders

Surplus

THE BANK OF TAIWAN, LTD.

(TAIWAN GINKO)

HEAD OFFICE:—Talpsh, Formosa. Lacorporated by Special Imperial

Charter, 1899.

Central Dark in Formosa, Bank-Notes und AD AGENCIES:

...f4a. 45,000,000 BRANCHER JAPAN :—Tokyo, Yokohama, Kobe, Osaka.

Keg. Harenka Karlung, Akces. Neuto, Skiochiku, Sales, Talsas,

Takan," "Tameo), Toro, Halia, Talk' | CILINA |—Shanghai," Haniow, Amoy, Poochow

Hatow, Canton.

Successful Experiments

A small quantity of chondrilla growths was collected from the Azer- baidzhan and Kazakstan regions and the Rubber Trust labora- sent to tories, where the plants were dis covered to have rubber-like qualities. Investigation showed the chondrilla from the latter region to contain

roso ++

Public Utilitlos-Hong Kong Elec- tries under persistent demand during the week to 71% at which Aigure deals were made. At the close the market is slightly epaier with Barbel buyers at $71%. Hong Kong Trams Bream

V^ ««Z«$$#KEKBOERETÉHECS+8321±5ÓKECSESBOBE*A*C*

$ $ 5

****

##

凡肚 水 魚魚! 魚魚魚 魚 沙鹅辯班魚白甲花魚蝦魚魚魚爐芒魚 蝦鯊公魚魚 *TERSEBNE KERKEBTOFEXAZOUSSBSWWOOFRCS22ETHERN 公班

魚魚魚魚群

Sausages

#

No. 1

Fish.

#

腐

RAI

Fish

J

more of this rubber-like substance have had a setback in the beginning of Canton Fresh Water OTHER:long Hong Blopture, Bossbars than that found in Trans-Caucasia. the week to $18.40, but ended firmer

Bamarang. Dajatia Beču baj, Calculss,

Leadon, New York, Daizes.

LONDON BANKERS:

Last year, the Rubber Trust purchas- with buyers at $18.

ed several tons of the growth and, after extensive experimentation, it

China Lights after being offered at $104, came into

Carp Catfak

Elood Office:-{AMSTERDAM). Baler Bead Office—BATAVIA, -MANCHEN: -Bandjuripan Bandong Bombay,

Calea Chiribon, djember, Djok

The Loaden County Westchater and Farr's Bank jakarta") The Eingua'), Juddah, Kobe, Bola-Bladje. Jisknæene, želas, Pulang Palembang,

The Back Le Correspondents in all the pala was found possible to prosare a con- strong demand and were negotiated at Pakaian, Pangng.

siderable quantity of rubber and $20, but finished up with sellers at this Codish Pouliana Dangoon. Botterdam) Comarcal Centers throughout the wereld.

K. NAGUNA Bibolys Lemarang), Sannghai,

rate. Star Forries have changed hands Crabr Boerabala, (a) agapors, dessarie (fola), Tepe, TRONG KONG BRANCH;

Vous Bond Central' and Welletreden.')

> Shane učlane bays on's deposis boma so let.

Leader Basket-Katimal Provinole Bank Ltd.

Forrespondants all ever, the world

Braking businam of story

desigliça transamed.

1. M. BLUESO

bong Kong. With May, 1839,

Kanag

BANQUE DE L'INDO - CHINE.

HEAD OFFICE:

96, Boulevard Haussman, Paris.

Subscribed Capital Frs. 72,000,000.00 Paid-Up Capital...Fr. 68,400,000.00 Reserve Funds

....Frs.192,000,000,00

Battambang Hue

BRANCHES: Bangkok Hong Kong Quinhon

Saigon Mangtze Shanghai Nam Dinh

Singapore Thanbes *Tientain Touraue

Gartho Canton

Djibouti Neumea

Fort-Bayard Papeste

Haiphong Peking

Hankow Hanoi.

Paon-Peah Vinh

Yumaanfu Pondicherry BANKERS:

IN FRANCE: Comptoir National d'Escompte

de Paris; Credit Lyonnais; Banque de Paris et den Pays-Bas; Credit Industriel et Commercial; So clete Generale.

Hoan Haor, 1914 January, 1920.

Establishod 112.

Hanager.

Head Office-Hong Kong

rosin from the plant.

Daco

Fresh Water

#

Yellow

"The Rubber Trust Research Dept $71 and $71%. Telephones have Cuttle Flak partment," according to the Amborg continued their rise and are in demand Dab

to the conclusion at $9.00. pamphlet, "came that, even at the present staga, the Miscellaneous-Greon Island

Ce Dog Fish chondrilla product could be used as

ments (Combined) were placed at the THE BANK OF CANTON, LTD, a substitute for rubber in the pro- improved price of $16%, but subsa Eels, Conger

duction of some

of the cruder ar-

quently receded to $15 with sales and Further experimentation, re- ticles, suiting in better refining of the rub buyers. Hong Kong Ropes are to bei + ber-like

will substance,

probably

had at $7.80. Dairy Farma were Frogs make it possible to use chondrilla for taken off the market at $204. Lane, Garoupa

Crawfords at $2.20 mark a finer products."

rise. Gudgeon The Supreme Economie Charell Watsons have buyers at $11.10 after has authorised the Rubber Trust to sales at $114. Amusements are want- spend 3,000,000 roubles in developing ed at $28. chondritin and the Trust is taking steps to organise chondrilla planta- tion. At the same time, it fa pre ceeding with the purchase growths gathered by the native population.

Edison's Discovery

Autkoned Capital (H.X Carcasay).11,000.GAA Paid Up Expital 6,561,300 Beer Fund

880,000 BRANOHES:- Canton, Ebangkal, Hankow,

So, Bangkok, New York rad as Prancsos

LOKDOR BANKERS :-- The Lloyd' Back Lánsised. CORRESPONDENTS

la ali principal sisine of the World. Foreign" axchange and bankng bovinams Í Ky description reacted.

bala Deposit Botas (variona (561) at a 39813 Fatal o bom to 40.

LOOK POONG SHAN,

Chief Manager. Hong Kong, 19th February, 1927,

THE BANK OF CHINA. 行銀國中

It was recently announced by Mr. William H. Meadowcroft, secretary to Mr. Thomas A. Edison, that, after exhaustive research, in which many native plants of the United States were experimented with and discard- ed, the inventor selected the Golden Rod as a plant from which commer- cini rubber can be profitably extract- Although Mr. Meadowcroft de- clined to reveal the exact process by which rubber could be produced, he stated that it involved extensive boll- 18,278,000.00 cess, rubber suitable for commercial 9,020,425.24 uses could be produced at an approx-

imate cost, of 10 cents per IbUnit

(Specially Authorised by Presidential. Mandate of the Republic of China on the 22nd of November, 1917.)

Authorised Capital.$00,000,000.00ing. He estimated that, by this pro-

IN LONDON: The National Pro-Fald-up Capital vincial & Union Bank of England. Reserse Fund Ltd: Comptoir National d'Escompte

de Parla; Credit Lyonnais,

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

HEAD OFFICE; PEKING.

HONG KONG BRANCH:

4. Queen's Road Central.

Branches and Sub-branches all over:

ed Press,

MONEY MARKET

Current Ac- China and Correspondents in Europe, Value of Copper Coins

Interest allowed on counts and Fixed posita according to arrangements.

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

A. LECOT,

Hong Kong, 1st May, 1929,

Manager.

America and other parts of the world.

London Bankers:The National Steadily Rising

Provincial and Union Bank of Eng. land, Ltd.

The Guaranty Trust Company of New York.

New York Bankera:-The Irving National Bank.

Ders transacted. Established 1880.

Loans granted on approved #ecur» Ittes. Capital (fully paid-up) Yan 100,000,000; Beserve Fund

Yan 108,500,000 change.

Special facilities for Hans Ex

SHOU J. CHEN,

Cotton Mills-Ewos

Herrings

Halibut have changed | Labrus hands to a fair extent at Tis. 15.75 to Loach Tls. 15.90, the market closing with Lobsters buyers at Tls. 15%. Shanghai Cotions Mackerel (Old) are enquired at Tis. 83.

Monk Fish Rubbers. The following are the

Mollet latest cabled quotations received from

Oysters Shanghai:---

24,

Anglo-Javas Anglo-Dutch

Batu Anama Chernors Consolidates

Parrot Fish

Perch Pike Plaice Pomfret, White

Bayers

Tls. 0.50

8.00

0.50

1.00

2.25

Pomfret, Black

Krocweeks

1.65

Prewas

Repabe

1.00

Tanah Merahs

Ray

0.96

Tebongs

1.55

Rock Fish

5.00

Roach Salmon

Ziangbes February 20, and March 25, 1989. Forward Settlement Days.-January Shark

Skate

Shrimps

CHICAGO FAIR

Snappor Sules

T'ench Turbot

Turtos, small, fr. water

dej

with the arrangements. for the Ghỉ

19

"

נו

F:

10

El

#

1 * * 3 * * * * * 9 ÷ ÷ 898***¤¤¤**************

08

» 22

F

21

18

24

20 16

ដ

ឌ ឌ ឌឌ គ ន ១ ២ ឧ

| ឌ

ឌ

ឌ ២ ២ ន ន

ន ១១

ឧ ឌ និងឌ ធំ “ អ៊ឌន អឌ

ឌូ ៖ ៖ ឥន ឥន ៖ ៖ គឺ ៖ គឺ ៖ ៩ ៖ ឌ គ ៖ គឺ ៖ វឌ ន ត គតិ ឧ ឌូ ឌឌ៩ឌគឺគិត ន ទ ១ ឧ៖ឆន្ទ

འ་

Almenda

Apples (California).. 金山鄰

Coconuts

ל

#b.

བྷསྐུ

35

to reach 13

ili sach 14

## + lb. 85 25 80

16

راخ

Vegetables, &c.

Bean, Sprout

Artichokus

P

Long

Best Root

Bitter Squash

Brinjala, Green

Rad

梨生柚柚子

ཚ སཋ⌘ ཚ ། ། ༑ ། ཋ སྐུ ཁ མ༑ །

12

198181 Te

each 10

5

7

8

P

10

8

24

8 6

B

#

8

H

10 12

10

П

Cauliflower (Large) .. KEAH each 18

Curry Stuff, English.... #A Cucumbers

8 1

18

10

10

27

Cabbage, Chinese ....

12

0

(Shanghai)

"

16

17

Cane Shoots, bunch..

28

26.

16 27

»

(Medium)

13

17

18

(Small)

耙轉榮花

10 វ

8

29

Carrots

Jb.

4 6

8

10 8

Celery, Chinese

***

10

10

Chillies, Dried

辣椒干

25

25

10

18

Red

10 10 18

t

2

26

80

.Green

THE NR

12 8 18

82

25

20

8

r

80

0 2

#

18

Garlic

8 3 6

13 28

Ginger, Young

12 7

F

18 15

Old

ទ

10

17

32

13

Horseradish, Shanghai

80 B

22

24

Indian Corn

8

46

82

21

Lettuce

燉生

20

20

Water Chestnuts .... J

6

JT

18

2

Mandarin. 桂林馬蹄

10

11

12 2

Mushrooms, Fresh ...

8

J

14

9

Okrocs .......

1

20 15

Onion, Bombay

8 В

16

9

Green

*

生

态

4

6

26

29

Shanghai

上海江

4

30

Parsley

榮

12 60

8

30

45

Potato, Sweet

5 2

20

14

Зарадове

日本真

10 14

Americap

18 18

Pumpkla

金山薯仔 签

F

22

10

Radiss

紅蘿蔔仔

88

30

Rhubarb (Fresh)

15

10

Shallots

千藏頭

10

10.

10

Spinach

6

B..

82 80

4

28 28

22 28

6

24 86

B

4

18

12

5 6

1

"

1.10

40

15

PL

J

か

13

*

"

11

•

»

#

Tomatoes

Taros

Turnips, Panti (Long)

Vegetable Marrow..

Water Cress ******* Water Lily Root

ERK

CENTRAL BANK

Branch to Be Opened at Wuchow

Portrayal of a Century Canton, Yesterday,

of Progress Owing to smuggling of copper coins, principally from Shanghal,

of the leading industries have at the two periods. Import dues alone, there has been a surplus of coppers

same periods General Dawes, the United States ready begun the collection of suitabla however, during the in Canton, each 20 cent place being Ambassador to Great Britain, han ze

exhibits Illustrating their inception have increased from #E1,292,080 to The Equitable Trust Company of worth 38 copper cents dus, it is New York

turned to London full of enthusiasm and progress, and it is claimed that £E2,483,940, showing that they have supposed, to speculation by money ex at the programs which is being AUTO WILL ENS A SADITION of come anxiety of merchants to import stocks the expenditure of the first $10,000,- | doubled. This increase is due to the Interest allowed on Current Ac changers at the end of the Tunay THE YOKOHAMA SPECIE BANK, counts and Fixed Deposits, Terms on year. The value of copper cents, cage World's Fair, says the Times. plete units possible in 1931, and this of goods under the present favour

application. LIMITED.

however, is steadily rising, 10-10 be- During his visit to the United States will be susceptible of such expansion able duties, which they have no doubt Every description of Banking Barling equal to 10 cants silver.

The South will be, increased.

Canton, Yesterday. he made time to visit Chicago and sa may be desirable. Old Silver Coins

the city of While luxury articles will certain- According to a report, the newly to review the position of the exhibi. Park Commissioners of Notwithstanding the notification to

of the Wuchow the public jointly issued by the Finested as the chairman

tion in which he is specially inter- Chicago have

allow the mously decided to ly be hardest, hit, Government autho- appointed manager

to use such rities express themselver as being Branch Central Bank, Mr. Wong Fak- ance Department, the Chamber of

of the Flo- and under their control as may be anxious not to overtas the consume, shing, will sail to-day for. Wuchow Commerce and the Banking Associa ance Committec.

It was announced some months ago greed upon on the ground that it as it is realised that it would be bad with funds and his personnel to in-. tion that the old coins should be ac- that President, Hoover had intimated will set a new fashion in exhibitions policy to increase Government re augurate the Central Bank there. Manager. cepted and circulated without dis- that he could not invite other nations as the World's Fair did in 1895. venue by impoverishing the people. Interviewed by pressmen tho

count, still such has not been the to participate in the exhibition until

The keynote of the whole exhibi Various changes are being made in question of funds for this branch, the case, as old coins are being, refused guarantee fand of $5,000,000 had tien is to be the portrayal of a Cen the proposals of the foreign experts Finance Commissioner, Mr. Fan Kes- by the exchangers.

been raised, and this is, in fact, atury of Progress, century which, appointed by the Government as the mo, stated that the Finance Depart condition which Congress made in in the opinion of the promoters, has peculiar needs and economical condiment had, authorised an appropria

this branch military operations having passing the World's Nal BIU. That shown greater progress than all ths tion of the country are found to re- tion of $1,000,000 for Como to conclusion, Central Bank sum, General Dawes was Informed, centuries preceding it.

quiro special treatment.

office, $1,000,000 in Central Bank notes have risen to 95 per cent, of

notes and 4000,000 in silver coins; is available, and the President will

The sittings of the examining com- their face value. Coupled with the now be invited to

this amount had been transferred to to take early action announcement made by the Finance Thirty guarantors have agreed

ittee are now over, and the Gov Wuchow. For the time being, only ernment report awaited with im- $600,000 notes will be put in cir- Department that all taxes should be take up bonds amounting to moro

patience. After luxury articles, the culation, and more later according to paid in Central Bank notes from than the $5,000,000 stipulated to EGYPTIAN TARIFFS January 16 onwards, and that re- payable on call at par as the money

ed will be such as compete against

M demption of $1.00 and $5.00 notes

local products and industries.

Head Office:-YOKOHAMA. Brunchos and Agencies at:

Alexandria

Batavia Bombay Buenos Ayres

(Temporarily closed)

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Garrent

C.

THE MERCANTILE BANK OF INDIA, LTD.

HEAD OFFICS,

15, Grosokuroh Street, Imodon, E

Authorised Capital

Subscribed Capital:

Paid-up Capital

£8,000,000

1,800,000-

The

Central Bank Notes

to

.

the financial condition. 1,050,000

Reserve Fund and Rest 1,012,047

RAMIRES

The Desk of England Midland Bank, Xad. BRANGILEST

New York Pasang

Barok

Bateria Bacabey

po Landy' Karachi didate) Port Lovila low Xota Barunon Collombo, Fadin Kenia Kinghal

Kmain Lāpās

Galla Kuala Lumpur.

Bispora

z-Kong Kaậtion (Fakhang) Boursisya

Howrah Madras ·

HANN LAAAA ELONG KONG: BRANCH.

Boylempire of Beating and

evGraysilons. Cheques Jaimed.

is needed. It

It has not been and will

would be seen resumed, the prospects not be necessary to ask for any Luxury Articles to Be of the Central Bank notes regaining full value in the near future are, en- (Mai)couraging-Canton News Agency

ASSAM COMPANY ·

public subscription or underwriting. In a statement be made in Chicago the American Ambassador Intimated that no contract or expenditure will

Hard Hit

be mads unless the money required In view of the fact that the re

947) maining

available.

commercial treaties with

category of goods to be most affect

RUBBER POLICY

not to be held until 1988, sections that new customs tariffs comes

Though the complete exhibition is Egypt expire in February next and British and Dutch Study

The directors of the Assam Com- pany, the £1,000,000 tea planting of it will be open to the public at into operation in, that month, it is hangs concern, have decided, "In view of much earlier date. The construes of interest to examine recent cus the abnormal condition of the tes tion of the administrative buildings toms figures, particularly as regards market," to pay an interim dividend is to begin next spring.

Trustee and Esecutorskipa" under+ of 2% per cent, less tax, on Janu- tion of the progressolaño exhibi- importa. Taking the figures from

Kat-Noyembery

try will "ba" complete." in

Production

The Hague, Tortorday. the beginning May to November A meeting of . British and Dutch find the customs returns are rubber: producers, prasided, over, by

for ser accordingly each buildig of compared with 204,882,- Professer Freud, decided to form à

la la the lowest interim fon eral years In 1938-the payment open to the public as soon

In 1927 ( bonni of

it is 138 for the same period of last combined British and Datch commit or is it by spected that in this year we had bugs of the to continue the study of the ques

of the buildings will be These are the total customs de Hon of the production of rubberee ridy by the summer of 1981. Many turns and show little dinerince for Reuter,

Central Bank Manager

The Central Bank Manager, Mr.. T. K. Lam, is reported to have re- Lurned by the President McKinley, which sailed from Shanghai on Janu- ary 15, and is expected to arrive at Canton about January 18.-Canton News Agency.

:

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