1930-01-28 — Page 2

2

HONG KONG AND SHANGHAI BANKING CORPORATION.

Autor Captial $50,000,000 Jacurd and Yolly Wald-up Her Fun

Sterling

Miler

20,000,000

£4,500 | 24 3, 1946 a

Herre Liability bi Propristom.... $20,000,000

READ OFFICE: HONO KOKO.

BOARD OF DIRECTORS :~~

W. H. Bell, Bag,

Chairman.

1. A. Flummer, Esq. Deputy Chairman,

3. D. F. Baish, Esq.

\. H. Compton. Eng.

1. T. Zehason, Bog.

3. Landar Lowia, Esq.

ANCE

PANOKOS

SATAVIA

JUKDAY

CALOGTTA

W. L. Putlander, Ere.

T. E. Ponzos, Zaq.

T. II. E. Shaw, Esq.

J. F. Warren, Esq.

Chial "Manage.

Bos. Mr. &. 0. Hysen.

BRANOKES:-

LONDON

LYONS

MALACCA

MANILA

BOUKDEN

AAR (Lubaru)

NADAMAKI

PENANG

CANTOX

LEONA

TOLOMBO VATREN

NEW YORK

PRIPING

RAIFUORI HAMBURG

BANGDON

BAN PRANCISCU,

SHANGHAI

KONOKEW

ILOILO

NOURABAYA

RUNGE PATANI

BANKOW SARBIN

ПРОЕ

TORN

TORR

IOWIAUS

EGALA COMPUTA

SAIGON

HINGAPURE

TURNTAIN

CORYO

CSINOFAO

VOKOHTA MA

Current ons opsoal in Ecest Curvancy and Fixed Deposit id for one year or shorter period in Local Curray and Forlag anferma na will be quoted on application. Hong Kong, 414 January, tika

THE CHARTERED BANK OF

INDIA, AUSTRALIA & CHINA.

Incorporated by Royal Charler, 1853.

**

HEAD OFFICE: LONDON.

Paid-up Capital

..£3,000,000

Reserve Fund

.£4,000,000

Resorvo Liability of Proprie

tors

.£9,000,000

ALON STAN

|(Kikiny Stales}

ARITSAR

BANQROX

KEW YORK

Agencies and Branches:

KUALA LUMPUR

BATAVIA

DOMBAY

CALCUTTA CANTON PAWNPORE

CKBU

COLOMBO

DAIREN (Dalay

Sawth Maarħurta) DELIU

HAIPHONG

HABURO

HANKOW

BARDIN

...(N. Hunchorini

HND HUNG

114.12.0

JPOU

RABACIH

BLANG

RODK

KUALA KANGSAR

Pork (P.M.S

KUCHIING

MADHAR

MANILA

MEDAN

PEKING

PENAKO ZESHAWAR BANGOUN SALOON SEMARANG SEREMBAN SHANGHAL NINGAPORE

BOURABAYA

TAIPING

P...)

YAVOT TUENTSIN TURTO

TONORA (Duet) THINGTAD YOKOHAMA ZAMANDA

(Philippins Jelanda

General

Foreign Exchange

and

THE HO HONG BANK, LTD.

(Established 1917.)

CAPITAL,

THE CHINA MAIL.

COMMERCE

AND

FINANCE.

ELECTRIC FURNACES And Sudan; of the remainder alf

IN STEEL MAKING

BREAKING DOWN TRADITION COURAGE AND CASH

THE CHIEF NEED

over-

was

other sources were represented.

Yarn The American yarn markot la generally quiet, Most salesmen of i every description of twist and weft. cops had little good to report yea terday. Trade was chiefly confined to small lots, though there was a fair Inquiry, but the prices offered were much below spinners' ideas.

On the other hand a few spinners of Ring Twist had a fair day, and Bome good lines of velvet wefts were also booked for homo use, but Buyers at these were exceptions. the moment appear to be holding talk back, und is also common

TUESDAY JANUARY 28, 1930.

HONG KONG MARKET PRODUCE.

APPROXIMATE RETAIL PRICES.

Butcher Meat.

Beef Sirloin

Prime Cut Corned

Roast

Breast

#

+

Soup

Steak

Steak Sirlon Sadzages

*R*

33 tätett

Jan. 23, June, June,

Poultry.

RD.

fb.

Jan. 23, June, June,

1930. 1918. 1014.

Cta. Ctal Cta.

62

Capoña, Large

Eggs, Hen (cooking)..

11

31

30

28

28

40 22

Acach 25

新鮮戰蛋

THE TH

18 per doz. 84

25

82 36

1980. 1018. 1914.

Gta. C. Ct.

lb.

28

24

12

80 28

11

Chicken Capons, Small

23 12

28

24 22

Duck

24 20

18

Doves

24

20

18

28 24

22

Eggs, Hen (fresh)

"

38

80 85

Powis, Canton

82

26 30

#

per set 15

10

12

Gece

each 65 60 60

Tongue, corned Hood

--

[CD]

72

$1.20

-$1.20

Heart

61

Ib. 21

JA

14

Hump. Salt

31

Feet

Beach 10

12

Kidneys

41

16

12

Tail

25

22

*

Liver

取

1b.

14

Tripe

"

Bullock's' Brains

H

Tahque, fresh ..

Calves' Head & Feet Mutton Chop

牛

牛仔汎脚

Leg

"

Shoulder

10

Saddle

半按

A paper by Me. N. Ryland Davis and Mr. C. R. Burch upon electric furnacea for steel melting, which was read to the Manchester Asso- ciation of Engineers, discussed in some detail early attempts upon the use of current for melting and the |Banking basiness. transacted.

Current Accounts opened and Fix-difculties, not altogether d Deposits, received for 1 year or come, which prevented its applica that spinners who sold heavily a shutter periods at rates which wltion. The authors concluded, how- be quoted on application.

ever. that the newest form of in- few weeks ago find great difficulty A. H. FERGUSON,

in obtaining delivery instructions. duction furnace had removed the Manager,

last argument in favour of the al-In Egyptian sorts salesmen for the Hong Kong, 8th January, 1929.

ternative crucible process, and that past week have had a quiet time. confined to present the two main stumbling-blocks left Purchases are were "courage on the one side and requirements; where larger weights on the other cash." One of the in- Are mentioned the prices are on too teresting process described low a basis for acceptance except Pig's Chitlings

by the most needy sellers.. that by which stainless steel was

Cloth It was originally made in $20,000,000 made.

8,000,000 very small quantities in the 4,000,000 crucible, its products made into fancy goods which sold at so high 4,000,000 2,210,000 4 price that melting costs of £20 1 HEAD OFFICES:-SINGAPORE. ton were not considered prohibitive. Brunches, Agencies and Correspon. When the engineering demand grew denta in the principal cities of the larger ingots were required, and any prospect of business, Kalos y be

Every description of Banking and the arc-furnace was found capable Manchester market is therefore in of making ingots on to twenty tons the doldrums, and is not improved Exchange business transacted.

TAN ENG HOOI, and to reduce melting costs by about £15 a ton. Even if it were Hong Kong, 15th May, 1929.

now possible to make stainless steel in the open hearth the saving would scarcely be more than 1 per cent.

There could be little doubt, how-of front a reaction in cotton may Suet, Beef

one never can tell what change Sucking Pigs, to order ever, that steel made in the crucible not bring at a moment's notice, for was better than the products of the stocks abroad cannot be heavy and Vas! arc-furnace and the open hearth. in many cases it must be only lack Sauenges During the last few years an olec- of confidence that is holding back

Inquiry.

HONG KONG SAVINGS BANK.

The stain of the above Back in conduct-

by the ONO KONU AND BIJANOILAT BANKING CORPONATION.

2017 ca spplication.

YUK THE HONG KONG I BANKING CORPORATION,

BILANGHAI

J. O. HYNES,

Call Macuget,

bou Kong, likh September, 1971,

NEDERLANDSCHE HANDEL. MAATSCHAPPIJ, N.V.

NETHERLANDS TRADING BOCIETT!

DANKEES,

*

Established 1934. Hong Kong 0:- Queva's Road Central. Authorised "Capital .......... Quidam 150,000,000- (212,500,000.)

10,000,000 Paid-Capkað

[£6,250,067.)

(23,083,833.)

XONICE

Authorised Issued

Paid-up Reserve

Shareholders Surplus

Liabilities

ot

world.

Manager.

THE BANK OF TAIWAN, LTD.

(TAIWAN GINKO)

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

Charter, 1899,

Kelung

Central Bank in Formone, Bank-Notes later Avant under 15,000.

BRANCHES AND AORNOJES: JAPAN :--Totya, Yokohama, Kobe, Osaka, FORMOS&Uiran, Paud ....... Guliders 40.000.000

Eagy Karako, Makong, Haule, Bhinekiky, Taleku, Talsi, Takao. Tame Town, Hito, Taite

Swatow, Canton. OTHERS-Hong Kong,

Band Oos :-(AMSTERDAM”). Zastor Bond DOM:-BATAVIA

Bandong') Dombey, Calcutta, Charlton, · Djambre, Djoli Jakarta) Tha Itagua'), Teddah, Kóba, Kola Radęs, Makasar, Madan, Padats Palombang, Pskalongan, Peny Pontiana

ghal,

- Botterdam'), damarang).

Soaraba (Bamates), Blogspore, Boskela (Bola)," Tagal, Tillaslap ́and Weltevreden.");

KANCHE—fiandjarmasin

Then afiona haya sala daposli kozas to lat.

Losing Bankerstellationi. Provincial Bank Ltd.

Correspondents all over the world

Winking bulan ul

description treated

'P, M. ELDEDO.

Hong Kong, M7th May, 1029.

Maang.

BANQUE DE L'INDO - CHINE.

HEAD OFFICE:

16, Boulevard Haussman, Paris,

Subscribed Capital Fra. 12,000,000.00 Paid-Up Capital ...Fra. 68,400,000.00 Reserve Funds ....Fra.102,000,000,00

Saigon Shanghai Singapore Thanbes

BRANCHES: -Bangkok Hong Kong Quishon

Battambang

Mengtze Cantho Canton Nam-Dink Djibouti Neumes Fort-Bayard Papeete Tientsin

Peking Halphong

Hankow Liano!

Tourane

Phong-Panh Vinh Pondicherry YunBaafu DANKERS:

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

IN LONDON: The National Pro-

tric furnace had been introduced. which would make atcel at least as. good as the crucible, if not better. This worked in accordance with the principle that when metal was

The cloth market is apathetic. Prices are steady, but where in- quiries for weight come forward,

Braica

Feet

Fry

Head

1

Heart

Kidneys

Liver

"

aru

Pork Chop

The

Leg

y

17

Lojn

Fat or Lard

TP

It looks as though buyers were not in earnest, for their limita based so

low as to render remote

2234$522ZZSATRUYEHBEZ-ZABELSOBEERSTROKE¤9722

****

·

BANTHARKESZEX^2399

#

24

set $120 $1.00 $1.00

27

Fowls, Halaan

Pigeons, Canton

Holhow

"

Turkeys, Cock Turkeys, Hen Sulpe Theasant

Quall Partridges

Fruits.

Almonds ............ Apples (California)

Bananas (bride's) ....

Carambola

Coconuts

Lemons, China ........

#A

В

lb.

36

36

+2

1+

36 24

#

30

鳏

Par sat 8

Ib.

15 16

P

88878-**** *899 282-7828888

15

18-

18=-=-=-8 | 22′′ 38 18 18-25zsali

18228092822831878 ****&88 ||

*

郡 加蛋蛋! 公媽追葬品

- ន ត ត ឌ២ នងគំនិត !z | ́| | |

· 6 2 8 9

*668*RSAPOKER

fb.

5

L

48 35

21

६६

24

each 50

80

30 28

P

1b. 75

60

*

25

pair 1.70

each 25

00

22

ot

35

22. 24

***

5886 | 883

10

! ! Î ! ༄ ༅ ༑ཞུ །ཋ | སྡུ | } ཋ ཋ |

Elb

4

燕山香蕉

h 5

M

N

12

each 13

10

10

25 30

ench 15

10

Lemons (American)

金山 onch 13

13

3

Licheas, Dried

"

荔枝干 Ib

85

25 30

Jb.

24

Orarges (Canton) 新合帮機

14

1J

猪排

25

#

Oranges

10

18

fo

T

70

"

70

#

ench 12

#

12 10

+

4

*26

"

lb.

Pears (Canton) ...... Peanuts..... Persimoioas, Large

Plantain Pumelo, Siam...... Walnuta.......&

1

#E

10 12

AT.

12

*

10

5

Là khi hết cách là

12

# 1b.

18

30 20

11

Grapes

45

30 26 26

20

20

Vegetables, &c.

甜猪猪猪猪猪璠猪猪羊羊羊牛乳替牛牛

#

by the reported decision of the Sheep's Head & Feet per sat 90

Canadian Tariff Board, which true would entali a serious rebuff

Heart

if

13

Kidneys Liver

18

to Lancashire. On the other hand,

"

M

H

Barbel

Bream

Mutton

No. 1.

Fish.

#2

13

Fish 爐魚」

M

CHINA-hanghai, Hankni, mog, Foochow placed in an alternating magnetic CRASH AIDS CANADA Canton Fresh Water

Sonrabaya.

Binery.

Bombay, l'atais, London, New York, Dalen. The Landen County Westminster and Parts Back LONDON DANKERS:

The Bank has Correspondante in all the pris cipal Commercial Center throughout the world.

E. NAGURA,

Mazagar.

HONG KONG BILA FOR:

3. Vous Road Central. Hlavy Kong, 19th January, 1939,

THE BANK OF CANTON, LTD.

Established 10IR.

Head Office-Hong Kong.

Authorised Capital (II,% Currency) ...$11,000,500 Paid Up Capitals

• B,000 Su "BG0,000

DRANCHES -

wow,

Csatos, Shanghe, Kakow, Bangkok, How York at Bad Pead

LONDON DANKERS,

The Lloyd's Bank Limited. CORÉESPONDENTE

to all principal cliis of the World. Parely exchange and banking business of wry dription transected.

bafe Depot Boxes Jrariona Irra) at a yourly farm or rom 50 to $40,

LOOK POONG SHAN,

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

THE BANK OF CHINA.

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

field it got hot. A photograph and

Carp

diagram showed the quarterton in- Money Leaves U.S.A. for Catást

River Don works of the duction furnace Installed at the

Steer Corporation. Experimenters

British

the North

Codfish Craba

The crash in security in New blessing to Canada, as over two billion dollars,

Cuttle Fist Dab Daco

following the researches of Dr. York will prove a Northrup found 4 number of obstacles in their way when they attracted to that money centre by Dog Fish attempted to make this sort of fur-high interest rates, has already Eels. Conger Aace. They were told that it was gravitated back to Canada and in

desirable and the crucible should lift out for pouring the metal, as only thus would it be possible to follow the practice of the skilled teemer which was regarded as im- portant. It was forbidden to pour through a funnel since this was supposed to chill the metal, and they were not allowed to superheat it on the mysterious ground that it [would "burn” the metal.

Physical Difference

terior banks of the United States,

"

Fresh Water

Yellow

Herrings

according to the Vancouver corres Frogs pondent of the Financial Times. Garoupa The process is not yet completed Gudgeon according to Canadian observers,

This means that morchants, Halibut manufacturers, builders, prospective Labrus home owners and the various classes Looch interested in real estates, municipal Lobsters and Government projects, or in the Mackerel development of Industries and n Monk Fish tural resources, will witness a period Mallet of more plentiful and lower priced Oysters money for their operations.

**

*****

超——魚類魚

尾肚 水 魚 沙鳘魚艏鶲斑魚白甲花魚魚魚魚魚芒魚蝦鯊公魚鮪魚 公班 色狗

£XXBIOTEKAESVEER=RROGERPAAABIHORH.

#

*

Perrot Fish

Testa, however, showed that the traditions of the crucible could be disregarded. The only one which

Mr. Roger W. Babson, the Boston Parch remained, as a lingering memory, was that of the "killing fire." It economist, told Mr. G. L.. Fraser, Pike was held essential to keep the metal barrister, of Vancouver, that he Plaice molten for an hour to free it from saw a great benefit ahead for Pomfret, White Canada as a result of the Stock Pomfret, Black gas bubbles and slag. This proved

Prawns untrue; actually the dirt formed a Exchange crash. ring of molten slag on the sides and

"Your mines, oil fields, natural Roy the metal was poured clean. The resources and sound industrial un. Rock Fish outstanding physical difference was dertakings," he said, "will now bo Roach that the electric furnace worked in logical and fruitful fields for this Salmon $60,000,000.00 free air with the addition of a de- great wealth which has been re Shark

18,278,600.00

9,029,426.24 oxidiser to produce the same pro-leased." Mr. Babson added that be Skate

knew of no more promising field for Shrimps There might have been some ex- young men than Western Canada. Snapper cuse for fearing for the safety and Mr. Edward A. Filenc, a wall- Bolez reliability of a device in which a known international

economist, Tench quarter-ton of molten steel was sur- echoed the same views, stating Turbot Branches and Bub-branches all over rounded by a water-cooled metal that, with America belifnd Canada Turtles, amaji, fr. water China and Correspondents in Europe coll, the whole in a wooden box. and Asia in front of her, the future Every description of Banking and America and other parts of the world. providence provided the conditions of Canada, and particularly of Exchange Business transacted.

London Bankers: The National Provincial and Union Bank of Eng. which we ourselves had not Western Canada, is assured. land, Ltd.

the nerve to simulate," the on-

vincial & Union Bank of England, Authorised Capital Ltd: Comptoir National d'Escompte Paid-up Capital de Parla: Credit Lyonnais.

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

S

Interest allowe on Current Ac- counts and Fixed norits according to arrangements.

Safe Deposit Boxes to lat.

A. LECOT,

Manager. Hong Kong, 1st May, 1929.

THE YOKOHAMA SPECIE BANK, LIMITED.

Reserve Fund

HEAD OFFICE: PEKING.

HONG KONG BRANCH:

4. Queen's Road Central

duct as the closed crucible.

The Guaranty Trust Company of gineers reported. A crucible crack- New York.

New York Tankers:-The Irving National Bank.

ed bag thirty or forty pounds of

metal replaced the sand backing

CANE SUGAR

The Equitable Trust Company of which had run out, but solidified New York.

against the coil and no damage was

Empire

Interest allowed on Current Ac-dons. To-day it was possible to de. Federation of the British counts and Fixed Deposits. Terma on sign with confidence a five-ton or application. Established 1880.

Every description of Banking Bust ten-ton furnace which would com- ness transacted.

pete with the arc és a melting unit.. Capital (fully paid-up) Yea 100,000,000 Lonas granted on approved secur Reserve Fund. ..... .Yan 108,500,000 | Itles,

Special facilities for Home Ex-MANCHESTER TRADE change.

Mangor. Sir Jacob Behrens and

Sons Report

Hand OfficeYOKOHAMA, Brescher and Agencies' at: Alexandria* Pre

Nagoya Batavia masik

Newchwang Bombay holde

Now York Buenos-Ayres, (Temporarily

Osaka

Calcutta Gaston Changchun

"Dairan (Dalny):

Peking

Rangoon

Rio de Janeiro

· Emigród (

San Francisco

· Foogsten (Mukden) Beattle:

Hamburg

Hankow

Harbin

Hot Bo

Honolulu

Karschi

Kobe London

Angelas

Semarang Shanghai

Shimanoseld Bings Bourabaya

BROU J. CHEN,

Д

魚魚魚魚商

26

Ib.

44

16

24

$5. 20 16

2:

F

34

--

37

16

7+

32

23

.85

阳

JP

18

30

10

. 16

36

t

28

32

Artichokes

1

梨生柿囍柚柚子

Bear, Sproat

Long

Beat Root

Bittor Squash

Brinjala, Green

Red

Cabbage, Chinese ....

Cane Shorts, bunch..

Cauliflower (Largo) .. 大椰菜花

(Medium)

Carrots

(Shanghai)

Celery, Chinese

Chillion, Dried

Red

Green

Curry Stuff, English.. MAA

Cucumbers

Garlic..

Ginger, Young

old

Horseradish, Shanghai

Indian Cora

Water Chestnuts

竹菜马西瓜瓜瓜菜菜笋北北非笋干椒椒瓜宾 米菜路释 菜

ני

10

13

16

| | | | | * * * * * } * } * [ ] * * * ¤ ¤ ❤ | * | I. ! •

each 10

2

5

17

a

10

"

6

24

10

8

5

8

10

12

10

11

each 18

R

14

#+

(Small) ..

粗椰棗花

10

6

lb.

6

6

JRA

8 10

辣椒干

25

25

Б

# #

16

10

10

19

奇花椒

10

#

12

10

H

8

10

2

H

10

6

A 7

邝

10 10

80

8

+

8

45

J

&

1

8

Mandarin. 桂林馬蹄

10

14 9

Mushrooms, Fresh Okroes

鮮綠式

1

20

15

洋葱頭 生

8

8

6

44

Shanghai

上海蒜頭

6

Parsley

10 60

Potato, Swost

6 3

10

t

Japanese

日本獅仔

4

3

Americen

金山薯仔

-5

8

签

紅農街仔

5

##

*

or

15

干葱灯

10 +3

11

8

i

12

6 7

19

ផ 6

P

38

24

Vegetable Marrow

逛群榮

4

38

12

Water Créis

0 6

JP

1.20

Water Lily Root

5

15

* = 8 8 8 24********************************

ཆ་ན ཟ ཟ་རྔུ ཧོ ཆ ཇ རྨ ཇ ཎ ཆ བ རྐ ཇ རྐ

27

JE

하

40

36

32 21

20

(96°F8&R | * | *8*8*8******************82*68*** |

*2*28*88*22*99**********8-888÷÷÷DSPA******

Lettuce

Onions. Bombay

Green

Pumpkinj

Radish

Rhubarb (Fresh)

Shallots

Spinach

Tomatoes

Taros..

Turnips, Punti (Long)

او

8

8

10

NEW CUSTOMS DUES Arst, beginning on February 1 and The amount of duty to be paid on

EXPLAINED

INCREASE IN PAYMENT FROM ONE TO THREE PER CENT....

APPLYING THE SYSTEM.

ending March 15 takes as the this commodity, between February 1 exchange rate 2/24 which was the and March 15, would be about average rate for the last quarter Shanghai Tle. 12. Thus, the total of 1929. "The second, beginning on cost of the article, value and duty March 16 takes 2/7, which was the would be increased from Shanghat average rate for January 1929, as Tis. 111.14 to about Shanghai Tis. the rate of conversion.

112, or less than one per cent. This new system will be applied From March 16, the Kaikuan tael only to specific duties on imports will be given a value equivalent to The Sugar Federation" of " the From an authoritative source. it from abroad. It will not affect 1.75 of the new unit, that is, to British Empire, a body which com was learned In Shanghal recently inter-port duties nor exports It G.40.70 or about 35d. The same Prises the associations of cane sugar that the purpose of the conversion does not affect ad valorem duties, commodity would be taxed about producers throughout the Empire, of the basis for collection of which are expressed in percentages Shanghai Tis. 14 and the increase (namely, Australia, South Africa, Custome duties on imports from Based on gold Invoice values. would be, for value and duty,-from- Mauritius," India, British Guiana abroad from Halkuan taels to a new The following explanation in Shangbal Tle. 111.14 to about. 114 ated the West Indian Lalande), the gold unit was to protect the position detall of the working of the new or a Hitle under three per cent British Refiners Association, the of Customs-sectired debts and to system may be accepted as These illustrations are based upon In their report dated December 4, Canadian Rafinéries and the British avoid serious loss of revenues by authoritatives

the assumption that silver will res HONG KONG HEIGHTS 1919. Sir Jacob Behrens and Sons Empire Sugar Machinery Manufac reason of the higher cost of gold The Haikuan tael is an hypotheti-main as it la. If the value of silver

turers Association, at its December, remittances. | utatód :—

cal unit for Customs purposes only. rises to approach 2/7, the amount The American cotten market bas meeting unanimously elected the The Government remits abroad The ratio, at present is Halkman of the Increase will be proportion- For the Information of visitors passed through quiet week. Rt. Hon. L. S. Andery, M.P. as its each year approximately £9,000,000 Tla 100 equals Shanghai Tis ately less. So that if 2/7 should be the following lat of some of the Prices had a slightly easier tendency Chairman for 1980, /

to meet. Its obligations. In February 111.403

reached, there will be no increase highest points on the Island and except on Saturday, when there The Federation, which

was 1999, whon tariff autonomy became The new unit has a gold value of at all, Mainland. is published:

was a few rolata advance. New originally the Sugar, Section of the effective, one Shanghai teel could Gold 40:40 or about 20d.

At present, the average of Cus- York yesterday - developed a firmer British Empire Producers: Organ- buy 2/7; now, one Shanghal tael On February 1, the Halkuan tael toms duty is about 12 per cent. The tone, closing 16 to 27 polits dearer, Isation, has played a large part in can only buy 2/02 which nets the will be taken to be equal to 1.50 of above illustratione amply Indicate and Liverpool this morning opens maintaining the interests of Empire Government a loss of 26 per cent. the now unit. At current exchange, that the average increase in cost of 9 to 12 boints up. Egyptians have producers and it was largely due to To correct this situation, a plan the Haikuan wel is worth about goods laid down in Shanghat, at the also eased a little. Spot demand its efforts that the preferences were has been devised which was made Gold $0.56 or about 281. Thus, on present rates of exchange, will be has been but moderater the week obtained and subsequently, stabilia-effective in accordance with the February 1, when the first phase of approximately one per cent after sales only reached 82.000 bales. It ed. The main desideratum for out-fnstructions of the Minister of the new system becomes effective: February 1 and three per cent, after ls, however, very noticeable that a cessful sugar production, which re- Finance to the Chinees: Maritime the Haikuan tael will be valued at March 15.---

Island."

Victoria Peak

Signal Station Mt Parker: Mountain The EI

Peak Hotel

Talkoo Banato

Bawen

Feet, 1823 1774 1784

good, dezit more attenti

devoted to

Tack is borne out when

+

Customs" and which was published Gold 60.60, or about 301 by in the North Chinil Daily News."

yan AB- Illustration

A This may be further Illustrated An socordance with this plan, as follows: MKEN conversion of the standa forTake a commodity worth Shang collecti Castoma, duties be hal Tia, 100, paying 2 duty of Hal

The kuan Ta. 10 or Shan-hay...TH.

Princess Sophie Lieven, sister of Lady Studd, has been released from

a Moscow prison. Her arrest" by the 0.G.P.U was reported on De cember, 1.