Page
HONG KONG AND SHANGHAI BANKING CORPORATION.
Marklenessot Capital
$4,000,00
Essed out ulty Vishop $20,120,000 Reserva Futule
Sterling
Ailver
10,500,000 Bosne,nco
Reserve Llability el Propelsson, 120,000,000
HEAD OFFICE, HONG KONG,
BOARD OF DIRECTORS --
J. A, Plymmse. Exq
Chalem
Hod, Mr. C. 0, B."Machia,
Poputy Chairma
WL Bell, E
Hon, M., . Pateria
A. H. Compeni, Band T, P. Degree, Esq."
I. Landers Lesen, Rep. H. U/Shaw, Kan..
O.. Miskin Fay.
AM
BANGKOR
BATAVIA
JOUBAA
CALCUTTA
CANTON eiterya GOLOMBO
-DAIRES
FUOCHOW TEXAPTIONST
ELA MISTURA BANKOW
HADDIN
HONDREW
140114
32011
JORDRE
KODE
KOWLOON
J. P. Warren, E
Chiat Mr.
V. M. Graybarn, Eej.
BRANCHES :--
KUALA LUMINI
LONDON
LYONS
STATACA
MANILA
MUAR (Joboro)
MRKDEN
NAGASAKI
NEW YORK
PEPING.
PENANG HANDBON
SAIGON
SAX FRANCISCO
SHLANGIA
SINGAPORE
SORRABAYA
SINGEJ PATANI TIPSINES
THEY
TSINGTAD
SUKORRASTA
Parerat Aceomals opened in Local Currcury wad Pro Deposite meeled for one year cr arter and in ben) Cheesy and sterling on dems why will be quoted on application. Hong Kong April, 1900,
HONG KONG SAVINGS BANK.
The Bachures of the above (bul in conduct ed by the HONG KONG AND SHANGHAI BANKING CORPORATION., Robes may be obtained on application,
• FOR THE HONGKONG AND SHANGHAI BANKING CORPORATION
V. M. SAYBURN,
Baur Kang, 16th July, 120,
Chief Musage",
NEDERLANDSCHE HANDEL MAATSCHAPPIJ, N.V.
(NETHERLANDS TRADING SOCIETY)
HAKKERS,
Established 1821
Efang Bang Offer:-1, Queen's Iload Central. Authorised pital tiuilders 150,000,000. (£12,200,000.] Paid Up Capital
Gissildren thee), UM
JE05,20,270Y
(31.03)
Hrade- AMSTERDAM • Easter Hend tutre ;--BATAVIA, BLANCHES--Bundjermasin, Bandorng“, Botalay,
'lekts, beritans, Pamiler, Djok janrla", The Unque, deddala, Kobe, Kain-indja, Makassar, Mediai, stoge Putenberg. Pekalongan, Penang, Protiúnak, flotterdam", Shaugh Kibolga Foural, Klagepor Seek (eini. Tegat, Tjilajep ned
Sig
(Sat),
Weltevreden,
The fire insre ente deposit boses to J Lepchen Bankers — Suțineral Provincial Bank Srl. Correspondeaty' ni over the world
Banking bedorsa Di
devription transacted.
A. STOCKINK,
Boug Hoog, th August, 1990.
Artog Manager.
BANQUE DE L'INDO-CHINE
HEAD OFFICE:
96, Boulevard Haussman, l'aris.
THE. CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.-
Incorporated by Royal Charter, 1853. HEAD OFFICE: LONDON.
Paid-up Capital
£3,000,000
Reserve Fund
£1,000,000
Reserve Liability of Pro-
prietors
£3,000,000
Agencies and Branches:
ALOR STAR
KUALA LUMPUR
Maty State)
KUCHING
AMBITSAR
NANOKOR BATAVIA
MADRAS
MANILA
BOMBAY
MEDAN
CALCUTTA
CANTON
CAWNTORE
CERC
COLOSTO
DAIRES (Delpy.
Routh March.tria)
DELHI
MAILING HAMBERO
. Manchuria
NEW YORK
PERING
PENANG PESHAWAD BANGODN BALODN REMARANG SENEST DAN
SHARONAL
SINGAPORE
FOURABAYA
FIESTAIS
HANKOW
EARDIN
TAIPING (M.5.)
1030 KONO
TAVOY
1LOBLA
TORTO
KARACHI
KIAND
THINGTAD
KODE
KUALA KASOSAR
TONGKAT (Buket)
YOKOHAMA
ZAMBOANGA
(k P.M.5.) (Pippine Islander Foreign
and General Exchange Banking business transmeted.
Current Accounts opened and Fix. ed Deposita received for 1 year or shorter periods at rates which will be quoted on application.
A. H. FERGUSON,
Manager, Hong Kong, 8th January, 1929,
THE
CHINA MAIL.
Commerce and Finance
OVER PRODUCTION OF RUBBER.
Clever Scheme of Two] Malayan Planters.
- LOWER WORLD OUTPUT.
London, Yesterday.
TRADE SITUATION. IN GERMANY.
Britain's Lead in:
Organisation.
COMPETITIVE EFFICIENCY.
WEDNESDAY, AUGUST 20, 1930.
HONG KONG MARKET PRODUCE.
APPROXIMATE RETAIL PRICES.
Butcher Meat,
Beef Sirloia
» Prime Cat
Corned
Roast.. » Breast
33
Boup
Steak
Steak Sirloin
Aug. 14, Juno, June,
Cts. Cts. Cts.
Aug. 14, June, June,
́1930, 1918, 1914.
Ota. Ct. Cts
30
28
28
涂料
ib.
** 25, 22
At each 90 22
por doz. 32 18
8a86 ⠀ ⠀ ⠀ ⠀ ⠀ ⠀ ⠀ 28
1950. 1818. 1914.
Poultry.
30
24 12
Uhicken
19
30 29 11
Capone, Small
28 12
Capons; Large
20
22
Duck
28 · 20
18
Dorse
*25 20 18
Egys, Hen (cooking)..
90 24 24
Eggs, Hen (fresh)
新鮮雞蛋
ከ.
26
44.
30 55
Fowls, Canton ...
jb,
36
Sausages
12
36
28 20
85
"
per set 15
10
12
Geese
300
"
24,
19
J
Tongue, fresh .. Tongue,
each 65
50 60
each 40 80
corned
Holbow
海
IT
28
Hond *
$1.00
~~$1.20
lb.
Heart
Hump, Balt
H
Foot
Kidneys
#
Tal
Liver
12
*
Bollock's Brains .....
Tripa Calves' Hand & Feet Mutton Chop
The exchanges of Information and A few scheme to combat over experience which took place at Ber- production of rubber is given pro-lin in connection with the second minenco-in-the-Financial Times. World Power Conference, subse- The scheme was devised by Messrs. quent interviews with leading ex- V. N. Were, and W. A. Stanton. perts and direct investigation of the Managers respectively of Kampong | actual industrial position were valu Kuantan and Brooklands (Selangor) able above all to those who desired Rubber Companies. They pro- to obtain some iden of Anglo- pose the temporary shutting down German competitive relations, says of sufficient estates to reduce the Mr. Hugh Quigley, in a special world yearly output by 200,000 tons. article in the Financial Times on Estates electing to suspend opera- July 2. The main points which THE HO HONG BANK. LTD.tions would receive a maintenance emerged from discussion and exam-
grant from a Government-levied ination of German trade conditions Pig's Chitlings cess on the production of other com may be summarised as follows :--
Braits panies.-Reuter.
I-The work of rationalisation is virtually complete, above all in the 8,000,000 SPAIN'S CURRENCY.iron and steel and chemical indus-
Authorised Issued
Paid-up
Reserve
(Established 1917.)
CAPITAL:"
Straits $20,000,000
Liabilities
of Shareholders Surplus
4,000,000
4,000,000. -2,520,000
HEAD OFFICE:-SINGAPORE. Branebes, Agencies and Correspon- dents in the principal cities of the world.
Every description of Banking and Exchange business transacted.
TAN ENG HOOI,
THE
INC.
Manager.
Head Office: 65, Broadway, New York.
DRAMATIC DEVELOPMENTS
REPORTED.
17
*
Leg Shoulder
"
Saddle
1
Feet M
H
Fry
Head
#
tries, and the cessation of orders för cquipment has intensifled the un- employment crlals in the engineer- ing and electrical manufacturing Pork Chop Industries, while it has reacted ab- Log versely on the industries which have carried out rationalisation. It was
14
Heart
P
Kidneys
Liver
Н
Lola
"Fat or Lard ...
Heart
difficult to find a single authority sheep's Head & Feet who was really optimistic regarding the future prospects of the German metal trades. { In-
Kidneys Liver
Santiages
No. 1.
Fish.
Madrid, Yesterday. The steady decline of the peseta from 43.80 a fortnight ago to 4614 yesterday morning, ascribed to speculators exploiting the
II. The unemployment crisis in Sucking Pigs, to order stability of the political situation and the difficulties connected with Germany bears some resemblance to guet, Beef AMERICAN EXPRESS COMPANY, the return of a constitutional gov- the British inasmuch as the curve } Mutton
industry has Vea! ernment has produced dramatic of employment in developments, the Premier, Senor shown a marked tendency to decline Madrid ever since the beginning of 1928, Berenguer, dashing to from a holiday at Suntander, after and through rationalisation it will which a decree appeared estab-probably continue to show such a lishing "Regulating Centre," falling movement. The decline has armed with wide powers, to pre- the effect of reparations
been intensified this year through and the vent speculation in currency.
There was further sensation to-day, in the official announce
Carp... other countries. ment of the resignation of the Finance
German employment has not been Catfish Minister, Senor Arguelles, as the outcome of a affected so adversely by world cons Cabinet meeting last night.
ditions as British employment, Crabs Senor Berenguer is again de- owing to the fact that the home Cuttle Fist parting for Santander, to inter-market in that country is respon- view the King--Reuter,
.U.S.$6,000,000 U.S.$1,572,464 U.S.$1,909,209
Capital Surplus Reserves
BRANCHES
Amsterdam Antwerp Anus Barla Berlin
92104 CROW
Δίκη
Naples
Ilyuns
Ticaoue
Mombarg
Herrita
Mombay
Benisti
Brussels
Havre Interlaken Jeralem Lo Loudon
l'avang
Stumon Aires
Liverpool
Cairo
Lucerne
INTRO
Lesor
Maratea
afonte Carlo
Mania
Munleb
Caku:
Candies Colon;bo
Cuttingle
Capentinten Edinburgh
Firence
GENOVA
Stortreux
Leking Pelaria Fotlarda Home Brimbaul
Shanghai Scuthampton Sangapore "Nt. lov
Trentain
Vanns
Vruct
Yohrma Xudeb
Branches of American Express
Barbel Bream
*ENT KEBETECKECENTROISSA*Ba
#
E . $
牛羊仔仔
contraction of loans obtained in the Canton Fresh Water R United States, Great
Britain and
Codfish
Dab
sible for a very much higher per- Dace
Fish
塘您
Į
centage of the total, demand. Ger-Dog Fish“. many is suffering, not from a con- Eels, Conger traction of export orders, but from
Fresh Water
Fir
Yellow
KAILAN MINES.
The total output of the Kailan Company in Principal cities of Unit- Mining Administration's mines for the week ended August 2, amounted to 113,330 tons, and the sales dur-
ed States of America and Canada.
All classes of Commercial Banking ing the period to 78,764 tons, Transactions undertaken.
Personal
Subscribed Capital Frs. 72,000,000,00 Frs. G8,400,000,00 Paid-Up Capital Reserve Funds ....Frs,102,000,000.00 handled.
Bangkok Battambang Hue
Cantho
Canton Djibouti
AM
BRANCHES Hong Kong Quinhon
Saigon Mengtze Shanghat Nam-Dini Singapore
Thanhea Neumea
Tientsin Peking Tourane Pnon-Penh Vinh Pondicherry Yunnantu BANKERS:
Port-Bayard Papeete
Haiphong
Ilankow
Hanoi
IN FRANCE: Comptoir National d'Escompte de Paris; Credit Lyonnais; Banque de Paris et des Pays-Bas Credit Industriel et Commercial; So- elete Generale.
IN LONDON: The National Pro- vincial & Unior Bank of England,
investment
accounts
The Company offers to intending Travellers the use of,, its "Travelers Cheques and Letters of Credit and, In addition, the world-wide services of its thoroughly equipped, Travel De- partment.
Affiliated with
THE CHASE NATIONAL BANK Resources ..Over $2,500,000,000
E, W. DUGGAN,
Manager.
Ltd.: Comptoir National d'Escompte THE BANK OF TAIWAN, LTD.
c. Paris: Credit Lyonnais.
IN NEW YORK: J. F. Morgan & Co.; French American Banking Cor- paration; Guaranty Trust Co. of New
York.
Interest allowed on Current Ae- 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) Yon 100,000,000 Reserve Fund.......Yen 111,500,000
Head OfficeYOKOHAMA,” Branches and Agencies úti Alexandria
Nagoya Nowchwang New York Osaka. Peking
Batavia Bombay
Buenos Aires
(Temporarily closed)
Calcutta
Canton
Changchun
Rangoon Rio de Janeiro Baigón t
Dairen (Dalny) San Francisco
Fengtien (Mukden) Beattle
Hamburg
Hankow Shanchal
Semarang
Harbin D
Shimonosek
Hong Kong
Singapora m
Soerabaya
entsin
Honolulu
Kai Yuen
Karachi
Kabo
London Los Angeles Lyons Sihatla
Nogaráki
(Temporarily elated Interest: allowed or rrent Ad countached
Deposits, received: fər fizod int rates "to be obtained on..
(TAIWAN GINKO.)
HEAD OFFICE: Taipeh, Formosd, Incorporated by Special Imperial
Charter, 1899,**
FOB TOTO Katha Karunko,
London, New York Delray
THE BANK OF CANTON, LTD.
Established 1912, Head Offect-Hong Kong.
Aullingined Capital Pall-Cp Fun Tomato an 3,645,000
servi Fuad
1,000,000
BRANCHES
Canton, Sangini.innow. Swnlow, Bangkok, New York and San Francisco
LONDON BANKERS:—
The Lloyd's Think, Limited. CORRESPONDENTS
In all principal cities of the World.
Foreign exchange and banking,buvinces of every durenption frameved.
Safe Depnalt Barre fvarious sizes) at a yearly rusal of tron 35 to $10.
LOOK POONG SHAN,
Chief Manager. Hong Kong, 14th May. 1030.
a very serious decline in the con sumption within the frontiers them- Frogs selves.
Unexpected Results.
Garoupa Gudgeon II. Rationalisation, as conceived Herringa and -executed-in industry,-has--not Halibut
the results produced
expected, Labrus largely owing to the fact that the Loach policy governing re-equipment and Lobsters reorganisation has been such as to Mackerel provide for the elaboration of very Monk Fish large units, but not for the co-opera- Mullet tion of such units among themselves Oysters in accordance with the requirements Perrot Fish of one industry or the country as 3 Perch whole.
Pike S
Rationaliantion has been achieved Plaice without real co-operation. The re- Pomfret, White ault has-been an intensification of Pomfret, Black competition betweep producers with- Prawns
In Germany itself. This applies, Ray above. all to electrical manufactüre | Rock Fish and, to some extent, to all the metal | Roach. tradea. Again, costs of production | Salmon
THE BANK OF EAST ASIA, LTD. have remained excessively high, Shark
HEAD OFFICE; HONG KONG. 10, Dea Voeux Road Central, Hong Kong-
Authorised Capital Paid-Up Capital Noservo
LONDON BANKERS 1 - The London County Wasialaster and Par's Bank. Kobe
The Bank by Correspundetis, in all the pela dipal Commarnia) Canteen, throughout the teachd.
1. NAGURA, İKONG KONG BRANCH,
even in the most modern installa‹ Skata tions, simply because demand has | Skrimps not been sufficient to maintain them (Suapper In operation at an economic level. Soles and their efficiency has declined Tench .$10,000,000
from the purely Turbot 8,000,000 considerably
A
##
$$~6¶¶ @ NAMERAHEDENARDGAYAUSGEWMGENE RZBRE-MER HEESHEQEEKQZDUSEREVATNSRTITAERHERN
* #
93
00
Fowls, Hainan
Pigeons, Canton
}
lb. 24 18 14
rach 10 10
Turkeys, Cock
Turkeys, Hon
Snipe Pheasant
Quail ... Partridges
#4
20 -18
.
15 10
12
та
25 20
1b. 24 13
ro
10 0
set $1.20 $1.00 $1.00
1b. 26 26
*******8 R2" ale terasal
Lemona, China
Lemons (American)
LE¤RKKRAJA
火雞
* SKER #EKESBER
each
pair
each
*** | A
81
ឥនន៩គ | ដំ៩៩ | | | |}}
Fruits.
M
38 25
Almonds
姿
b.
50
35
H
34 24
32
Apples (California)
金山障業
**
35
24
-80
"
27
Bananas (bride's)
高山香蕉
B ¿
Per net 1
lb. 17
15
Carambola ****** Coconate
*
18
"
28 15
椰子 each –
10
10
N
18
·20
#lb. M
25
30
euch 18 10
each 12 8
18
10
Lichees, Dried .....
lb. 46
荔枝¥ 16.
50
26
30
1
35
26
新會醋楼
35
#
20
40
GO
**
24
21
P
Peanuts
per set 85
# 生
sk
13 10
D
oach
12
16
12
16 12 10
70
Plastain
大辉
5
8
15
45 26 25
D. *25 25
22
Pumelo, Siam
Walnuts Grapes ...
12
18
Ib.
80 20
36 28
22. 20
"
28
22
16
24
20 16
Oranges (Canton)
Oranges ....
Fears (Canton) .....
Persimmons, Large
Hi H cách 15
## lb.
***
Vegetables, &c.
Artichoke Beana, Sprout
Longe
Beet Root
Bitter Squash
—
10
18
Brinjala, Green
Red
27
-9
Cabbage, Chinese ...
17
15
(Shanghai)
Cans Shoots, bunch..
26
27
L
"
18
"
Carrots
H
12
D
93 82828*87**888@*******⠀⠀⠀ -⠀ ***********
1929RRRA=***9*?********AAR88RAAN BANANAS
*
Cabildower (Large) .. ★H
(Medium)
(Small) .. TAZE
Celery, Chinesa ... BAK
Chillies, Dried
Curry Stuff, English.. NEH
Cacambers
Garlic
Ginger, Young
Old
Red
Green
Н
each 12
lb.
ཡུ ཐ སྱཱ གྷ ཆ ཋ ཋ ༷
12
8
16
8
6
10
10
each
[ | | | ê 8༐ ཋ | ཋ | ། ।༄༅། .
12
lb. 20 Б 6
10
10
辣椒干
28
25
B
黻辣椒
25 10 10
籽花纸
16 8 12
10 8
2
6
14.
17
10
32.
花花花笋菜干椒椒料瓜斯宾塞米染豬蹄泰 阿菜仔仔瓜仔菜頭菜蔬
50
25
30
22 18
32
28
32.
16
18
Horseradish, Shanghai
24
Indian Corn
11
21
Lettuce
20
Water Chestunts ....
10
#
2
Mandarin.桂林馬蹄
12
2
D
Mushrooms. Fresh Okrees
40
"
12 1
17
15
Onions, Bombay
洋蔻頭
8
34
£
Green
郭
29
Shanghai
上
2
38
30
Parsley
45
Potato, Sweet
14
Japanese
日本興
14
金山新
18
Pumpkin
22
10
Kodista
JI
56
88
30
Rhubarb (Fresh)
10
Shallots
21
tr
-10
"1
48
80
34
"
-28
28
+
35 22 '28
19
84
26.85
88
24
18. 12
,, 31.00
40
་་
"
17
American
Spinach Tomatoes.. Taros ....
Turnips, Punti (Long)
Vegetable Marrow
Water. Cres
Water Lily Root
Central Bars in Furmont, Dual-20ɔwe lested Azurage amount Yes 43,000,DOR BRANCHES AND AGENCIES:
1,750,000 theoretical efficiency established Turtles, small, fr, water JAPAN
Yokohama, Tobe, Genka.
BRANCHES AND AGENCIES:- when such plants were designed. Testing. ng, Mato, Binckling Taleba, Tubes, Batavia Melbourne San Francisco One can find Illustrations of this
Tamsul, Tors: Bak, Tako, CHINA :--Shanghel Hankow,
Bombay Nagasaki Seattle.
· Amay, ↑ Funchow, Calcutta New York Semarang
tendency not merely in electricity take yeara to prepare.
applies to iron and steel, chemicala Hwalow, Casi OTHER Eng Kong Hageporn, Canton Osaka Singapore
supply, but also in iron and steel and V Prices, particularly of pre- and textiles. The source of weak- Bemarang,
Celeste, Haiphong Parla
Sourabaya
chemicals.. HOW
ducts In general consumption, ness in Great Britain lay in lack Honolulu Peiping Sydney
IV-The question of the relation transport and almilar services, of co-ordination between producers, Penang
Taipeh
ship between the State and industry finance and credit are decidedly but this deficiency is now being Kowloon Rangoon Tientsin Lordon. Saigon
Tokyo,
has become exceedingly acute. If more expensive in Germany than in made good, and it may easily be Manila Shanghai.
one takes electricity supply alone, Great Britain. There are a few found that, as in electricity supply, principal one, finds the position decidedly exceptions, notably in foodstuff, but the British solution of the problem complicated. Thus the German they are not sufficient to qualify is better than the German. States owns or controls under this statement. takings generating about 8,600,000,- reduce wages in Germany with a number of engineering and metal Any attempt to It is true, of course, that in a
000 units, which are now in process view to reducing costs must lear products German export prices are of co-ordination under one company.to a fairly rapid Impoverishment of lower than British, but German A semi-private semi-public company the whole country,
Industralists admit themselves that the Rhenish Westphalian Electricity Great Britain's Position. - these prices are not real and re-. Supply Company, which" controls It is possible to mention other presents a loss on manufacturing subsidiaries operating in a number points, but the preliminary aurvey costs. The high prices ruling in of the States from Holland in tho has been such as to induce a feeling side Germany, undoubtedly confirm north to Switzerland in the south of optimism as far as the future of this view,
•A, Ewe Tom Road Contra Hong Kong. Ith January, 1989.
THE BANK OF CHINA.
行銀:國中
Baorganised October 28, 1928, under
special charter of The National Gov- ernment as AÐ
INTERNATIONAL EXCHANGE
MARIA BANK; AS
Subscribed Capital.
Pald-Up Capital
Reserve Fund
5,000,000.00
200.00
HEAD OFFICE: SHANGHAI.
HONG KONG BRANCH:
4 Queen's Road Centrali
Correspondents In cities of the world.
Every description of Banking and Exchange business transacted. Loan granted on approved securities.
SAFE DEPOSIT BOXES to let..
KANTONG PO,
Chief Manager.
· THE MERCANTILE BANK OF
INDIA, LTD.
HEAD OFFICE:
15, Grzechiavh Nirost, London; · 5.0.1, Authorised. Capital....£3,000,000, Subscribed Capital... 1,800,000, Paid-up Capital 1,050,000 Roserve Fund and. Rest 1,048,500 BANKERS:
紅葡仔
8
10
目
#
G
6
B
15
B 15
تجد
UNCLAIMED TELEGRAMS.
THE EASTERN EXTENSION AUSTRALASIA & CHINA TELEGRAPH CO., LTD.
The following unclaimed tele- grams are lying at the E.E., Tele- graph Co. Office, Hong Kong- da, from Manila.
Miss Pachal, Empress of Cana-
Oyama, caro of Canton Mart, from. Shanghai,
S. LACK,
Superintendent. Hong Kong, August 14, 1930.
THE GREAT NORTHERN TELEGRAPH CO. LTD. OF DENMARK,
and Hanover in the east, is re- British Industry is concerned, .. There is no Index: in existence of sponsible for much the same output. Both in electrical manufacture and home and export prices" quoted in
The following unclaimed tele In addition to these under-electricity supply, Great Britain is Germany, but, there is no doubt that grams are lying at the office of takings, the indlydial States, such definitely ahead of Germany. Its the difference between these two the Great Northern Telegraph 11:51 Thor Bank or 2a Jans-Midan book, toda Bavaria, Saxonte Yurtemberg best manufacturing plants are sets of prices is very much greater Company (Limited)
Den-
AWUBLEBRANCHEA”.
Bangkok TS
Bombay Karood Pork Lela Galoutta Kot there
autics)
Colombos ad Im Ke Hangers
* Owing to our numerous branches Holdencias. (Paladj) Bakapoch
in China and Yergo connections in the Important commercial centres of the world, we are able to extend to our clients special facilities for domestic
Superintendent
Hong Kong, August 19, 1980.
and Baden; have co-ordinating com superior, its best generating than that ruling in Great Britain.mark paules also control supply, and, stations are more efficient and it Even at the present time British Unimant, from New York. in a fourth category come indepen-has solved the problem of national Industrial plant may be smiler and Lyman, Dairy Farm, from dant power companies feeding, as co-operation.")
less spectacular, but they are de Shanghai. those other undertakings into a In this respect aloné it has obcidedly more elastic in operation
E. V. JESSEN; whole series of distributing under-tained na advantage of years over and can conform easily to fuctus. takings. In Germany it has bean Garmiany. The average price rul tion in the market without serious
most impossible to co-ordinata ing in electricity in Great Britain loss of efficiency. Wi rich diversified systems Into à now la less than that ruling in The German machine is now be genuinely national system, and so the Germany, and the gap is almost ing tested by a period of severe de is not coincided with an improve ships under fullest advantage is not being taken certain to widen as the Central pression, the first that has really ment in officiency la distribution and the Chin-INTEREST allows on Current Accounts of the important inter-connect Electricity Board becories more set in since 1926, and by all so in national services or utilities,
Tixed, Depquila Bates, think; mag; be, ameriálund fand
Great counts. It is not standing up with with the result that the economie cturing complete success to the test. The organisation of Germany-is-pro- the conclusion of the rationalisation bably more out of balance than the stion process on the manufacturing aidé Britio.
and foreign banking and exchanges.
We also handia Isize of Bonda taken. Land other Publja Uca ess: Government
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