1930-07-23 — Page 2

-BOMBAY

DALOUTTA

CARTON

EXPOO POLOMBO BAIKEN

FOOD HOW

LeRKONG

КАМИЕВО

KARKOW

MUKDKN

NAGASAKI

PELPINO

NEW YORK

PENANO BANGDON

HAIDON

HARDEN

[N.Mocherías

BONG KONG

IFOU

KABAOH.

KLANG

KABB

KUALA KANGSAR

Park (MB.)***

TONDA (bukan,

T61 NOTAU

YOKOHIVA

ZAMBOANGA

(Philippine Islands)

Foreign Exchange

and General Banking basiness transacted.

Canberra, June 3.

Mr. J. G. Latham, K.C., 'Attorney- General in the

Ib.

72

་་

D

HONG KONG AND SHANGHAI BANKING CORPORATION.

Autherland Cap. 160, 160,00 Jawad pad Futis Paid-up - 1.26,508,676 Rare Funde-

Sing $15, BRID), (100)

Meserve Liability of Proprietors... 120,100,000

HEAD OFFICE: HONG KONG

BOARD OF DIRECTORE:-

J. A. Piumas, Zig- Chairman.

io, Mr. C., či, Mackie,

Depart Chal

Hoa. Mr. J. J. Patamion.

T. X. Hans, Esq.

4.1. Compton, kaip

B, Lander Lewin, Key.

7. H. Th. Hhaw, Rai.

a. Miskin, Esq.

SHUT

MAKOKOR MATAYIA

J. P. Rares, Esq.

Chiet Manager,

V. M. Genybum, Kəq.

TRANCETS:-

LONDON

LYONS

MALACOA

MANILA

MUAR (Johero!

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

Incorporated by Royal Charter, 1858, HEAD OFFICE: LONDON, Paid-up Capital

Reserve Fun!

Ronerve Liability of Propria

tors

...£9,000,000

.44,000,000

.£3,000,000

KUALA LUMPUR

ΚΡΟΣΣΙΝΟ

MANILA

Agendes and Branchen:

ALUR STAR

(alky Bianc

AMRITSAR

BANGKOK

BATAVIA BOMBAY

CANTON

CEPU

DAIKEN (Day.

MADRAS

MEDAN

PEKINU

NEW YORK

CALCUTTA

PENANG

CAWNPORE

РЕЖНАТА

BANOOON

DOLOMBO

HALCION

SEMARANG

Bouth Manchuria)

BEBEMAK

DELHI

SHANGHAI

HAIFUGNO

HAMBUNG

BOURABATA

KARKOW

TAIPING

TAVOT

TIENTHIN

ILOILO

FOXYG

SINGAPORE

THE CHINA MAIL.

Commerce and Finance

CATTLE TRADE AT CONTROL OF BANKS.

TIENTSIN.

Chinese Merchant's

Petition,

WEDNESDAY, JULY 23, 1930.

HONG KONG MARKET PRODUCE.

APPROXIMATE RETAIL PRICES.

Butcher Meat.

L

| AUSTRALIAN EX-MINISTER AND Beef Striain

牛尾耙

NEW BILL.

H

Prime Cat

Corned ...

Roast

Breast

Soap

To

Steak

24

Steak Sirlon

*

July 17, June, June,

1930. 1018. 1914

Ctx. Cis, Cts.

16. 30 24 12

Chicken

Capons, Small

Poultry.

Capons, Large

Eggs, Hen (cooking)..

Pigeons, Canton

Helbow

Turkeys, Cock

Turkeys, Hon

糠

Ib.

»

July 17, June, June,

1030. 1918. 1914

Cla. Ct. Cle

36 n

班 14 each 30

新鮮類

CAREERSAEEDEKK2=08

ER BAKER ##488888

per doz. 83

1 1 1 1 9886*******88%

anch. 40

北菜公

Ib.

.75

each

patr

each

30

៩៩៩៨៥ | នឪ | | |? | k

ARNAR88388181.

11

30

28 11

25

23 12

30 24 22

Duck

+

28

18

Doven

25 20

18

30 24 22

Eggs, Hon (fresh)

41 80

35

Fowls, Canton

36

26

20

Fowls, Hainan

per sot 15

10

12

Geese

20

Tongus, fresh..

each 66

H

Tongue, corned

www.

60

"

Head

# $1.00

Heart

"

24

+

Hamp, Salt

כן

Feet

判

cách 10

+

Kidneys

70

15

10

Tall

25

Liver

140

1b.,

24

"

Tripa

H J0

set $1.20 $1.00 $1.00

*

Mutton Chop

M

Ler Shoulder Baddle

羊排

ib.

50

+

30

+

30

鞍肉

32

13

**

30

Brains

Per set 8

Feet...

H

lb.

15

Fry

28

M

Head

18

Heart

n

ench 16 10 10

Kidneya

18

J

+1

B.

45 80

猪排

נן

"

Leg

Loin

Fat or Lard

Sheep's Head & Fort..

Heart

•

Kidney

Liver

9

猪

羊羊 牛乳牛中 羊

$ $

35

36

п

42

21

海

per sot 80

each 10

20

14

-36

b.

25

30 20

28

牛仔肉

22

28

32

| |888aa58288858881 11 2868.0 8 8 8 8 7 1 88:

50

60

.-$1.20

18 14

火雞

20 18

.30 12

Snipe Pheasant

12

20

22

14

7

27

12

Carambola.....

Coconuts

18

Quall Partridges

Almonds

Fruits.

Apples (California)

Bananas (bride's)

#tib.

金山啤藥

燕山香蕉

1 cách 13

-Lemons, Chiba

#

b.

12

10 3

Lemons (American) Lichees, Dried

fr each 12

##* lb.

24

Oranges (Canton)

23

新會器壁

Oranges

60 70

Pears (Canton)

Peanuts

70

7

.10

Plantain

26

25

£5 22

18

Walnuts an

26 20

20

20

#

花 生

Persimmons, Larte 紅柿 *#

Pumelo, Siam ********

Grapes

# # lb.

***

Vegetables, &c.

Artichokes ..................

Beans, Sproat

恕

ཕྱྭ སྟྲ ཋ | ཤཱ སམྥ༅། །|! | ༅ ú ༅ g

45

95

32

24

8

24

D

12 each 18

18

18

ཧྨ ཙུ ་ སྐྱུ བྷ ཀྵུ ཁ ཀླུ | | |2 "ཚལ།།

ASMIX RONGERW

tLotto

SPOR

JONOR

לבס

KOWLOON

KUALA LUMPUR

HAN PRANDINOU

BILANDHA

BINGAPORE

KOUBABATA

HUNGRI PATAMI TIKETHIN

TOKYO

TSINGTAO

TOKOHAMA

Ücrete opened In Lood Ouray and Psd Deposita esotivad toe on your sheria, pectoris in Looal Currency and Barling MMTE PREK ell be quoted to spallinitas. Ella Kung, fut Apelt, 50545.

HONG KONG SAVINGS BANK.

The Burians of the shore Bank in notdunk. by the BONG KONG AND BHANGHAI BANKING CORPORATION. Auto our be abels on application.

FOR THE HONG KONG & HANGHAI BANKING CORPORATION.

V. M, GICA Y BURN,

Caiet Manger.

Hong Kong, 121) March, 1932,

NEDERLANDSCHE HANDEL - MAATSCHAPPIJ, NV.

INSUMERLANDS TRADING GCIETY)

BANKERS.

Falzblinked 12

Ewe King Oost--Fi Qassa's Book Ormies).

Kytkactra Capital Guilders 180,000,108–

Bald. Why Ringthel

Dhaildars to 200,00

(£6,663,ST.) Qulidaes 80,000,000-

Beste Jand...

Head Off-{AMBLERDAM”). Boussen Esad (flow:-DATATIA. BRANCHES :--Basdjormazio Bandora') Bombay.

Calopita, Churibon, Djitahar, Djok jakarta') The Hague'), Jidak, Kėbe, Xow-Radja, Makassar, Madan, Padang Palicbang, Peksloogia Pesag. Poallanak Hangoon, Busterdam).

(Dunsin), - Blægspots, Powstał Gowakarta (Bolc), Tags, Tillaties and Weltevreden.").

* Theo chionn kara salo Taprietà bozas in lat London Bankerkimisiional Provinsial Bank Ltd.

Gversijondante cil erat iba 'wieść

Mening business of every description maconated.

A,NIUKKINK,

tung Kong, 15th April, 1996

Ась Миллкот

BANQUE DE L'INDO - CHINE.

HEAD OFFICE:

26, Boulevard Hausaman, Pazia. Subscribed Capital Frs. 72,000,000.00 Pald-Up Capital...Fra. 88,400,000.00 Reserve Funds ....Fra,102,000,000.00

Bangkok

Battambang Hue

BRANCHES: Hong Kong Canhon

Saigon Shangbai Nam Dinh Singapore Neumes Tinher Fort-Bayard Papeste --- Tintain

Canthe

Cauton

Djibouti

Haiphong

Hankow

*Hanoi

Mengira PLODE:

Peking Таигале Prom-P.ah Vinh Pondicherry Yuarafa" BANKERS!

IN FRANCE: Comptoir National d'Escompte de Paris; Credit Lyonnais; Banque de Paris et dos Pays-Bas; Credit Industriel et Commercial; 80- cinta General

IN LONDON: The National Pro-

vincial & Union Bank of England,

Current Accounts opened and Fix- ed Deposits received for 1 year or shorter periods at rates which will be quoted on application.

A. H. FERGUSON,

Hong Kong, St. Jancary, 1929.

Manager.

THE HO HONG BANK, LTD. countries.

A Chinese merchant has sub-

Bruce Government, Central Reserve mitted a petition to the Hopa! criticising the

» Sancages.... Provincial Government requesting Bank Bill, said the establishment Bullock's Brains permission to export cowa from of a bank with control of currency by and itself subject to political con- Mongolia through Tientsin offering to pay flye dollars per trol, would enable the Government head as tax and to advance a sum to accede to the demand of the re- of $100,000.

cent Australian Labour Party's } The petition points out that since | Conference for a grant of £20,000,-| Chang Tsung-chang's regime, an 800 för employment relief. embargo

The Labour Conference evidently on the export of cows from Tientsin has been enforced, looked to the bank, sald Mr. the object of which was to enable Latham, to provide by inflation of Shantung to monopolize this trade the note, issue, the means whereby Calvas Head & Feet in North China, For this reason the Government would accede to its Tsingtao has been the centre of demands. The note issue was at Com- the export of cattle' to foreign present controlled by the

monwealth Bank Board, to which As Mongolia is dependent on the the Government could not dietate. Male of cattle, the embargo in Under this Bill, however, the Cov- North China has greatly deprived ernment would be able to Etraits $20,000,000 her of a regular source of revenue, complish the desires of the Labour 4,000,000 while on the other hand a scarcity Conference by appointing directors of cattle is being experienced in who believed In a policy of using 4,000,000 Shantung and neighbouring pro-banks for political purposes. 2,520,000 vinces due to the wholesale export The International Finance Con

of cattle for farming and other foretice, said Mr. Latham, had laid Liver Branches, Agencies and Correspon purposes. To relieve the situation down unanimously dants in the principal cities of the the petitioner offers to export an especially banks of issue, should be

that banks, Pork Chop

Every destription of Backing and nually 20,000 cows from Tientsin, free from political control, and Exchange business transacted. A set of regulations governing the should be conduced solely along

collection of the new tax, which lines of prudent finance, TAN ENG HOOL,

the petitioner undertakes to collect for the Government and the Issuance of passports is also being

Authorised aaued

Pald-up

Reharve

(Established 1917.)

CAPITAL.

Liabilities

of Shareholders Surplus

8,000,000

HEAD OFFICE:—SINGAPORE.

world

Manager.

THE BANK OF TAIWAN, LTD. (TAIWAN GINKOJ

HEAD OFFICE;-Talpeb, Formosa,

Incorporated by Special Imperial

Charter, 1899,

Conval Dana ta Fornesk

| Bank-Noree Larued Average amount .....Yea. $5,000,000 BRANOXES AND AGENCIES :

JAPAN 1--Tokyo, Yokohama, Kobe, Cata.

P

4C-

Pig's Chitlings

submitted for the approval of the BRITISH ENGINEERS. Sacking Pigs, to order

authorities.

It is understood that the pro- posal has already met with the favourable consideration of the Financial Department and ap. proval will be formally granted within a short time.-Asiatic.

FORMOSA :---Diess, Kadi Karicko, IPERSIAN RAILWAY.

Makona, Histo, diluckiän. Tälska, Trinne, Takeo, Tamaul, Toen, Bello, Tube.

OLINA —Bhanphal, Bankor,

Bwstow, Caslon, OTBERS-Hong · Eng Magijos, Sourabaya,

Bernerang, Batavia, kkambay,

Calella, London, New York Dairan.

LONDON DANKREI,

The London Dourly Westminster sač Parz's Bask

The Bank me Corrupundanta in siị kho pria- espel Comarcial Cantess ihroughout the watīk.

K." MIODRA,

|BONG KUNG_BRANOJS =

— 5, in Your Bond Oustral Hong Kong, 10th January, 1990

Established 1912.

Xanager.

Head Eco:-Hong Kong.

section of the railway line.

IMPORTANT ARRANGEMENT BETWEEN BIG FIRMS.

London, June 28.

Barbel

It is announced that two British Bream engineering firms, Ruston

to

Fresh Water

Teheran, June 28. Following the annulment of the The parties to this arrangement contract with the Railway Syndi-control subsidiary and associate cate, negotiations are proceeding companies in the Dominions and Fish with a German company which are elsewhere abroad, and their re-Eela, Conger

will now be devoted THE BANK OF CANTON, LTD.kely to lead to an agreement for sources

the completion of the northern securing a substantially greater Yellow

share of oversens trade for British Frogs Although an attempt has been engineering In the principal export Groups made by the Persian Preas to sug-markets of the world. gest that the annulment of the con- tract between the Persian Govern meat and the Ulen Company for the construction of the Trans-Persian Rallway was due to the failure on the part of the company to act in accordance with the terms of its contract, reports from New York reveal the fact that construction

Auskarand Dabija), (EL.K. Ceresnay) -811,000,000 Paid Up Opal unma

mazon Metal 8,900,0x3 Her Fund ene

*** 7,000,000

In

DHANDELKA 1- Olot, nagkai, Baler,

#mua, Bangkok, Bay Tack and Face

LONDON BANKERS |-- The Ward's Bank Lambel.

CORRESPONDENTI

principal cities of the Wake Formiga and anime bastmasa, al **ry descripum wazwanted.

esami at breen 14 to

1)

LOOK FLONG SHAN,

Chlef Manager. Hong Kong, 14th May, 1930.

THE BANK OF CHINA.

行銀园中

Reorganised October 20, 1928, under

Ltd.; Comptale National d'Escompte special charter of The National Gov- de Paria; Credit LyonnaiE.

IN NEW YORK: J. P. Morgan & erament as an Co.; French American Banking Cor- INTERNATIONAL EXCHANGE poration; Quaranty Trust Co. of Now York.

DANK

Gudgeon

Herrings

Halibut

Labrus

П

Long

Beet Root

Bitter Squash

Brinjals, Greeti

Bed

Cabbage, Chinese

(Shanghai)

Gane Shoota, bunch .. 14

Cauliflower (Large) -· *#

(Medium) FMÆLI

集美樂

耀燃

粒蝶

##

Green

Curry Stuff, English.. ##

Ginger, Young

竹菜号類瓜瓜瓜菜菜 花花花笋染千椒椒料瓜莲 米榮歸M 菜菜行好瓜仔菜類熱

*

"

.50

12

5

55

—

10 10

25

80

&

30

each 12

lb.

3

12

12

5

24

J

3

each

15

12

Snet, Beef

Mutton

T

Veal

+

Sausages

No. 1'.

Fish.

**

A

Ib.

42 16 2-1

腐熟

35

20 18

NEGOTIATIONS WITH GERMAN COMPANY.

Hornsby, Ltd., and R. A. Lister Canton Fresh Water and Co., Ltd., whose combined assets

Carp exceed £6,000,000, have entered into

Cxtisa a working arrangement in order to

Codfish secure efficient co-ordination in

Crabs design, production and the sales of their products.

and

A*

Fuh

塘您

3-4

++

36

13

35

18

27

34

12 B

42

16 17

Cattle Fish Dab Dace

20 30

26

39

14

27

38

23

18

(Sz1)

椰菜花

20

20

Carrots

lb,

12

5

"

34

8

Celery, Chinese

10 *10

35

Chillies, Dried

30

26

5

33

8

官

Red..

20 10 10

72: 26

30

14 8 12

74 32 25

и

10

A

#

30

30

Cucumbers

6

2

80

18

Garlic

8

6

#

36

23

15 7

#

35

15

17 10

"

1

Бо

32

13

30

B

56

22 24

8 45

34

21

û

1

#

40

20

$

36

2

-12

21

36

2

40

32

D

Okroes

12

1

32

15

Oniona, Bombay

##

8

35

1

Green

4

36

20

ค

Shanghai

上海

5

42

30

Parsley

20

85

45

Potato, Sweet

4

62

14

Јаралево

日本農仔

4

22

10

14

American

金山薯仔

30

18

Pumpkin

32

10

Radiah ...

紅葡杅

50

30

Rhubarb (Fresh)

*

22

10

Shallots

10-

22

10

Spinach

寬榮

45

80

Tomatoes

蕃茄

12

4

40

28

7

+1

412

28

B

35 12

85

Vegetable Marrow

4

35

12

2

Water Cress

15

95

-

Water Lily Rock

递

16

THE SOVIET CAOUTCHOUC Loach

TRUST.

Lobsters Mackerel

Monk Fish

Rubber has provided Soviet Pus-Mullet sia with an opportunity for the dia-Oysters

work was stopped on May because play of an inept self-determination Parrot Fish

the Government were £600,000 in arrears in respect of payments.

Recently

the Sbah

visited

likely to be matched nowhere out- Perch side the United States of America. Piko

With the same ardent desire that Plaice

Khuzistan, and, according to Press is shown by Americans to be free Pomfret, White

reports from Teheran, he expressed from dependence on any outside Pomfret, Black

grave dissatisfaction at the pro-source, the Russians set to work to gress made in the construction of find rubber-yielding plants within the line northwards from Khor Musa.

hts friends must

of Turkestan.

Rock Fish

+

Roach Salmon

Caoutchouc Trust and decided Shrimps to plant 24.710 acres of the precious Sapper shrub. There

Russian territory, and, with On the other hand, it is alleged promptitude which Mr. Edison and that the Government deliberately covered the ideal weed in the sands Shark

envy, they dis- withheld from the company the pro- cecds of the

Then they formed Skate tea and

Bugar Subscribed Capital ....$25,000,000.00 monopoly, which

was created

to .... 24,710,200.00 | finance the rallway project. Interest allowed on Current Ac-Paid-Up Capital

*The sounts and Fixed Deposits according Reserve Funds

of the railway perimenting in $ 8,820,503.82 | northern section to strangements.

from Bandar-1-Gez on the Caspian

tory, and during some three years Turtles. small, fr. water Sea, has progressed satisfactorily. the patient Soviet factory officials The trouble which led to the annul- have looked forward to the moment ment of the contract appears to have occurred in the southern section, for which British, French and American Arms

Every description of Banking and

Exchange Business transacted.

A. LECOT,

Safe Deposit Boxes to le

Manager.

Hong Kong, 1st May, 1929.

LIMITED.

Established 1880,

HEAD OFFICE: SHANGHAI

HONG KONG BRANCH:

4. Queen's Road Central,

Owing to our numerous branches in

China and large connections in the important commercial centres of the possible.

THE YOKOHAMA SPECIE BANK, world, ws to able to extend to our clients special facilities for domestic and foreign banking and exchange.

We also handle the issue of Bonds and other Public Fands of the Chin Capital (fully paid-up) Tom 190,000,000 ese Government both at home and Reserve Fund

Yen 111,500,000 abroad.

Hand OffenYOKOHAMA.

Alexandria

Branches and Agencies at:

Nagoya Newchwang New York Osaka

Bataria Mombay

Temporarily

losed).

Galeriis

Canton Be Changchun

Feking

Rangoon Bio de Janeiro Balzon

Dairen (Dalny) Ban Francisca

Fangtien (Mukien) Beattis

Hamburg

Hankow.

Harbin

Bosolata.

Kobe': London

Ang

..

· Semarang - Shanghal

Shimonoseid Singapore Bourabaya Sydney Tlentria

SHOU J. CHEN,

Manager. Hong Kong, 6th March, 1930.

THE MERCANTILE BANK OF INDIA, LTD.

... HEAD OFFICE £...

were rea-

KAILAN MINES.

was the usual cx- the State labora-

Solex Tench Turbot

魚魚魚魚座

赵肚 水 J魚魚魚魚 沙嗇低班魚白甲花魚魚魚魚蠔魚腩芒魚餘舘蝦魚鮪魚 腢城梯繁·黃海真田石白晒將黃息在芒逄師帕花班白黑钢楚石坐馬沙規立持尤左 *#

the

VIEWS OF SIR JOSIAH STAMP.

SEEN,ENDS! 8 8 8 68 * 6,53¤N * * ⠀ ⠀⠀BN-BORSE!

Old

Horseradish, Shanghai

Indian Corn

Lettuce....

Witor Chestnuts

Mushrooms, Fresh

Mandarin.

Taros...

Turnips, Puz (Long)

WAB

to

of emancipation. But something went wrong.

The direction

of new

capital, The planted area is ECONOMIC FUTURE. tion; the truth being that the more

adequate solution only a

generally owing to high taxation and the mere four acres,' man In charge carefilly weeded

the more unpleasant and unpopular mobility of a short money market, that vast estate, and in

politically and therefore less practi- as well as the Empire claims, was the

cable at the moment. the stupid fellow

causing much embarrassment process

up-

The new rooted as weeds which they were,

Economic Advisory those who felt that a supply of In an address to the Bond Club, Council was beginning to assist the abundant capital in home industries The total output of the Kallan were to give the rubber.

of course) the very plants that New York, on June G, on the Governmental machine by indepen was the only remedy for trade de- Mining Administration's

Even economic outlook in Great Britain, dent expert advice. mines the amall quantity obtained was sir Josiah Stamp sald there were early to say whether

It was too pression. While the immediate difficult to treat because the Rus-three distinct

it would outlook was very depressing there sians have set the machinery, and anxiety at present: the physical composition was of the right kind of cheap money which, if main- aspects giving achieve this object or whether Ita were some fundamental conditions the owners of coffee mills refused equipment of capital and the main- Many of its members were highly tained, would gradually work that to lend them, believing that some tenance of a new supply of funds; representative of particular aspects revival which both history day they may again get、 coffee!

unemployment in different in- of Industrial financial life, without theory would lead ons to expect. For downright farce, the whole dustries; and the nature and com- being particularly experienced in THE BANK OF EAST ASIA, LTD. story is hard to beat: Naturally, petence of the thinking machine be- that kind of synthesis of diverse

for the week ended July 5 amount ed to 116,887 tone, and the sales during the period to 63,149 tons.

HEAD OFFICE: HONG KONG.

10, Des Voeux Road Central,

Hong Kongam

Authorised Capital

Pald-Up Capital

Reserve ...

.$10,000,000 5,000,000 ~1,750,000

14. On sokerk Brest, Landoo, B.-C. Authorised Capital £9,000,000 Subscribed Capital... 1,800,000 Paid-up Capital ... 1,050,000 Reserve Fund and Rent 1,046,606

DAMBANKERS : The Bank of England Midland back, 146,

BIANCHIES THE

BRANCHES AND AGENCIES:- How Toch ་

|Batavia · Melbourne "Sin', Francisco Pork Lorde (Marides) Bombay Nagasaki Seattle.

Calcutta – New York Semarang Canton Osaka

Bar Book Bateria

Boesbey

Kandy Karach

Kesa Buru

Rasgood

Challe - Kuala Lumpu Hong Kong Kantin (Fahong) Bouraleza -

Taiz

drarity.

takon.

Travellers, Chèquen" Issued

Honolula Felping

the

Soviet authorities

detect

treachery, and somebody's head willing relied upon for guidance at the effects which alone was of value have to go on a chaize if not a charger-Rubber Age.

JAPAN'S TRADE WITH CHINA.

Tokyo, July 8. The Finance Department an- Parliament and Ministers were nounces that Japan's trade with overwhelmed with new problems. China, Including Hong Kong, for While certain matters, such as the the first six months this year recoal Industry, received minute at sulted to an excess of export tention, in some of their detalls amounting to Yen 24,736,000, ex- there we large felds of business ports totalling Yen 179,989,000. life which were very sketchly

now.

and

JAPAN'S TRADE.

DEPRESSION IN RAW SILK INDUSTRY.

present time.

The ultimate accuracy of the

Such a synthesis was being at- direction now to be taken, he said, tempted by the Macmillan Com- was of even more Importance than mittee, which was obliged to review the actual speed of recovery, The the whole field of the effects of the business of government was now so monetary polley on employment and vaat, particularly having regard to industrial expansion although prí

Tokyo, July 5, Imperial responsibilities, that marily concerned with currency Raw silk for Decomber, deliveries

and finance.

Is now quoted at Y.66 which is the Sir Josiah went on to describe lowest recorded since 1894. the progress made in rationalisa Reports which have reached here tion, adding that although It was re- from Shinano Province, which in coguised that obsolete and redun one of the most important centrea dant machinery was a trouble in of the raw silk Industry, give a dependent of monetary causes, re- number of depressing stories in- Breis description of Bensin and co

When compared to the correspond treated at present.

cont monetary movements, both - cluding a tragedy of suicide., year, exports de Most of our modern problems international and national, had The Federation of the Raw Silk Choised, Yen 57,130,000 and Im were so deeply and subtiy economic aggravated them. Great Britain Producers Association is now dia-

28,452,000, caused by the de- that it could not be said that the had experienced difficulties in work cussing measures including the pur

and unrest In House of Commons was an ideal ing the gold standard during the chasing and burning of surplus silk.

body for arriving at the best solu- last four years.

worm egg cards.

Haiphong Zaris 2-4

Alagapore Bourabaya Bydney

Tientsin Tokyo

Kobe Penang

Kowloon Rangoon London

Saigon

shlist Shangust organic

Correspondents in all principal affles of the

Txchange busines

granted on lappi

CARATE DEPOSIT