1930-10-17 — Page 2

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HONG KONG AND SHANGHAI BANKING CORPORATION.

"Authorised Cxplat, onion

50,000,000

Tool and Futly. Paid-up $30,000,000

·Reserve Fundus

Starling £0,500,000 Silver

----------- 39,500,000

Barve Liability of Proprietors... $20,000,800

HEAD OFFICE: HONG KONG.

BOARD OF RECTORS:-

J. A. Plummer, Esq.

Chalmian..

1100. Mr. C. 0 55, Machia. Deputy Chairman.

. . . Bag Hon. Me. J. J. Palemon.

A. FT. Complan, Faqe 1, E, Peter, Earh

B. Lander 'Lewis, Eng. T. It. It. Shaw, Eag

D. Miskin, Eng.

AMOY

BANO ROK

ΒΑΤΑΝΙΑ

KOMAY

J. P. Warnung Elg.

Chief Maraget.

*V. M. Anyburn, Esq.,

CALCUTTA

BRANCITES:-

HOKDES

NADAMAKI

THE CHARTERED BANK OF - INDIA, AUSTRALIA & CHINA, Incorporated by Royal Charter, 1853. HEAD OFFICE: LONDON. Pak-up Capital

.£3,000,000 Reserve Fund · · · · · · - - - £4,000,000 Reserve Linbility of Pro-

prietora

,£3,000,000

Agencies and Branches:

ALB STAR

(exy Miles)

AMIITGAR

DANGKOK. BATAVIA BOMBAY

CALCUTTA CANTON

CAWNYODE

CEN

COL.000

DAIREN (Dalny

outh Manchuria)

DELHI

*HAIPHONG

HAMBURG

HANKOW

HARGES

(N. Sancharis)

NALA RANOSAD

Perek ..5,1

JOSION

LYOSS

HALACCA

HÙNG RUNG

MANILA

ILOILO

SCUATE (Johor)

[201

CANTON

KARACITI

KLANG

CHEFOU COLOMB

KORE

NEW YORK

PAIREN

PRIMINO

FOOCHOWS

PENAND

HAIPHONG

LASHON

BAMACRO

SATOON

IPANKOW

NAN FRANCISCO

HARDIN

SOURA BATA

SUNGEI PATANI

HONOREW

Le110

Poi

JOHORE

KOBE

KOWLOOX

KUALA LUMPUR

SHANGILA

SUSGAPORE

TIESTAS

TSINGTAO

SUKOHAMA

1 Local Carrebey

Current Accuente fue que your or

ob ter

Fired Dumb

Ju Local Burrency and Berling

shorter ich will be stal on application. Hoog Hoog. Apr, 1933.

HONG KONG SAVINGS BANK.

The lines of ibn above as is conduct

ad by su HONG KONG AND SHANGHAI BANKIND CORPORATION.

outaloed on pyllemtion.

BANKING CORPORATION.

(tales may

"be

FOR THE HONGKONG AND SHANGHAI

Y. Y. GBAYDORS,

Chiɔf Manager,

Bloog Koag, 10th Julā, 1000,

NEDERLANDSCHE HANDEL- MAATSCHAPPIJ, N.V.

(NETHERLANDS TRADING SOCIETY)

DASKRAS

Jatablished 1931. Hong Kong fee:-11, Queen's Road Content.

Beast Fund

Head

Quild-ra 159,000,000- (£12,200,000)

lice:-AMSTERDAM”

Ek en CD::-BATAVIA.

BRANCHES-landformat, Dandong", Domley,

KUALA LUMPUR

KUCHING

MADRAS

~ NASELA

MEDAN

NEW YORK

PEKING PENANG PESHAWAR KANGOON SATION НЕМАМАКО

SEREMBAN

MILANOWAT

KINGAPORE

HOURADAYA

TAIPING (F.MS)

TAVOI

TENISIN

TOKYO

CONORAH (Bhuket)

SINULAO

FORDHAMA

ZAMPANGA

Philippine Islands)

Foreign Exchange and

A. H. FERGUSON,

Manager. Hong Kong. 8th January, 1929.

(Established 1917.)

THE CHINA MAIL.

Commerce and Finance

BRITAIN'S OVERSEAS of 1929, while for June along the

TRADE.

drop was about £2 millions. Over

FRIDAY, OCTOBER 17, 1930.

HONG KONG MARKET PRODUCE.

APPROXIMATE RETAIL PRICES.

Butcher Mest.

the six months the chief docline Best Sirtein

Prima Cut was in grain, and flour, which fell by about £9.8 millions, while the

Figures for First Half of corresponding fall in quantity was

Imports

Exporta

Re-exports

1930.

At first sight

Six months ended June 30: 1930

1920

£ mils.

541.7

60-1.7

304.0 49.3

358.7 60.5

Lover 11 million, ewt., smaller con- signments from. Canada and Ar- gentina being responsible for, the drop. Raw materials fell off by £36.8 millions, mainly on account' of lower texttia requirements. Cotton declined by £15.9 millions. and wool by £13.2 millions..

For June the fall in valuo amounted to £1.4 millions and 132,000 centals, while the drop of £15 millions in sheep's wool was' offset by an actual risc in the quantity

consigned..

Corned

Roast

Breast

Soup:

Steak

Steak Sirloin ++Sauzagaa Dallock's Brains

Tongue, fresh •‹ Tongue, corned, t 4 Head

Heart

Hump, Salt

Foot

Kidneys

Tall

Liver

» Tripa

Calves' Head & Feet.. Matton Chop

ཚ་ཞན་ སྔོལ་ F༤ ཛྫིཾ བོ

Oct. 9, June, June,

Capons, Small

Poultry.

Pigeons, Canton

Hellow

Tarkeys, Cock

Turkeys, Hen

火雞

=88

AR SEKER #161288S

asbxsa 386 2 8 21 88

-1980. 1013. 1914.

Oct., June, June, 1880. 1918, 1914.

Ct. Cts. Cla.

Ct.. Ct. Cta

Ib..

24 12

Chicken

lb.

28 11

55.

30 28

23 12

Capons, Large

60 28

.80 24 22

Back

30 20 21

Doves

cach

Egge, Hen (cooking)..

per doz, 34

24 22

Eggs. Hen (fresh)

25 20

41 30 95

Fowls, Canton

lb. 70

38 24

80*

Fowls, Hainan

# #

2-1

per ect 15

10 12

Geese

each

50 60

each 68 80

$1,00

-$1:20

lb.

24 18

61.

Snipe

cách 25

ench 10

-10

Pheasant

pair 1.80

16 10

Quali Partridges

ench 30

* 20

6 10

set $1.20 $1.00 $1.00

Fruits.

36 26

30 26

ib. GO

Shoulder

羊

金山超糕

21 24

Saddle

Pig's ChitEngs

燕山香菇

Brains Feat

豬

Per urt 8

10 12

10 10

Fry

28 16 18

Lemons, China

Heid

18 20

Heart

oach 15

Lemona (American)

金山檬

T of

Kidneys

13 10

Lichees, Dried ...

Liver

猬

Oranges (Canton)

新甜椎

Pork Chop

猪排

25 20

甲中

Oranges

Ley

镫

Lain

42 30 70

Fears (Canton)

ர்

Fat or Lard

25 21

Peanuta

花

per set 85

ench 12

Persimmons, Large

28 .12

Plaatsin

Pumelo, Siam ******?

lib. 25 26 22

ཝ

80 20 18

36 26 20

Walnuts

Grapes

khi cách t ### 15. ***

ББ

20 20

23 82

the overseas trade first half of the figures For the year look thoroughly disappoint- Generaling. All classes of imports and

Among Ranking business transacted.

Current Accounts opened and Fix-xports declined. Imports showed A fall of £63 millions, exports of ed Deposits received for 1 year or

£53 millions, and re-exports of £1, manufactured articles, the chief which will shorter periods at rates

million. The figures for June increases in Imports were £3.7 be quoted on appliention.

also reveal an all-round decline.millions under the head of oils, Imports fell by £8 millions, and fats, and resin. Here crude and petroleum consignments exports by 19 millions compared refined with a year ago. But the returns secounted for a large proportion are not so alarming when the fall of the total. and during the six imported quantities THE HO HONG BANK. LTD. in general prices is taken into ac-months

count, asys the London Stock Ex-amounted to about 122 million

gallons. change Gazette.

manufactured imports Other to about 12, to This amounts Straits $20,000,000

8,000,000 13 per cent, compared with a year showing an increase were electric

and £396,000 4,000,000 ago, and in the light of this drop, woods (£872,000). iron and steel

about the (£600,000),' imports appear to be 4,000,000 nme is last year, while exports machinery. Last month, however;" a fall of imports of iron and steel fell off 2,520,000

and re-exports show

by £300,000. The decline in about 5 per cent.

The Exports. Among exports, the main im- export values is widespread, but on the whole the brunt of the de-

in coal consign-i pression is borne by the cotton provement was

Here the extra vaine of and iron and steel trades, which ment. continue to suffer from fresh set-exports only amounted to £1.6 Manager. hacks. Actually only two import- millions, but the quantity rose by

ant industries show nn Improve nearly 500,000 tons. ment compared with a year ago, enal and shipbuilding.

Authorised

Issued..

Paid-up

CAPITAL:

Reserve Liabilities of Shareholders Sorplus

HEAD OFFICE:~SINGAPORE, Branches, Agencies and Corrasyon- dents in the principal cities of the world.

Every description of Banking and Exchange business transacted.

TAN ENG HOOL,

THE

AMERICAN EXPRESS COMPANY, INC.

Amsterdam

Head Office: 65, Broadway, New York,

Authorised Clint

Paid-up Capital

.............. Chuiléuri 80,050,000

Capital

.U.S.$6,000,000

(20,660,170)

Guilds 40,025,003 (N

Surplus

Reserves

.U.S.$1,572.454 .U.S.$1,908,209

BRANCHES:-

Actios in-gu

Haran

Hasiburg

Nive Naples I'tacus

Pari

Tenog

Bombay

Juteriskun Jurnal

Leking

iamen

Ido

Drussain

Liubo &re

Cairo

Calcutla

Calouste, Choribon, ber, Dipk karte ho Hague", Jeddah, Kobe

Kadis. Make, Modan. Padenz Felembang. Pabalongia nang, Rasgood, totterdam", Shaerbal, Bibelg Ringapore, Bourella

Pontiana

barang

(Sumales)

Welloweden".

Boerakarta (Solo), Tegal. Tillejup and

• These offer have ente deposit boter to lat. Londen Bauter-National Provincial Dank Lit.

Compondante alt over the world

Banking business of every description transacted.

A. STOKKINK,

Acting Manager.

Hong Song, August, 1965,

BANQUE DE L'INDO-CHINE

ILEAD OFFICE:

96, Boulevard Haussmann, Paris,

Antworp

Albane

Ucatio

In June

Leg

Sheep's Head & Feet..

Heart.. Kidneys Liver

however, there was a setback, and Sucking Pigs, to order in quantity and value exports Sust, Beef showed a falling off. Other raw

Hhowed materials

羊較

猪

Mutton

Sausage.

No. 1.

Fish.

蚁

Fish A

Production Consumption.

decline. Veal These figures, will cause more than the usual amount of reflee-Wood fell by £2.7 millions-a fall tion, coming at a time when Free of value rather than of quantity Trade principles are being chal- und bides and skins dropped by Manufactured articles lenged on all sides. They will 4805,000. also receive attention in the light declined by £45 millions, and re- Barbel et a recent investigation into the present the bulk of the fall in Bream

on the exports for the first half of the Canton Fresh Water R and steel industry iran

Cotton goods were the Continent, where it appears lower year.

Carp working costs enable French and largest item to show a decline.

The Indian boycott and the fallCatfish Belgian manufacturers to compete

in the price of silver which has Codfish Again the fall in successfully.

the Chinese Craba the price of wheat and flour has seriously affected not led to a drop in bread prices, market, are two fresh blows to a Cuttle Fish

Yarn Dab the reason being apparently that sadly depressed industry.

a drop of Dace the cost of manufacture is higher consignments showed

415,000 centals for the month of Dog Fish than formerly.

Unless the fall in wholesale June, and of over 2 million centals Eels, Conger prices can be passed on to the over the six months. Still more consumer, there cannot be an indianstrous is the case of piece crease in the demand, which wiH goods, which" dropped by 65 mil- absorb some of the increased pro-lion square yards, and by 846 mil- duction of the last few years. It lion square yards during the first

" Herringa is just this maladjustment be- half of the year,

Woollen and worsted goods alan All classes of Commercial Bankingtween production and consump Transactions undertaken.

tlon, due to the difficulty of redac-showed a great decline, as did linen and jute, silk, boots and accounts Ing costs all round,, that is las.e- Personal

ly responsible for the present de- pression.

Скоде

Colombo Constantinople

Copenhagen Edinburgh Flotanra Cleara.

Laidon Liverpool Luonyste !gang

Alarmeten Monte Carlo Stanite-

Munich

31ontreux Silen

taleme Rotterdam Home Stamboal Shanghai Southampton Singapore St. Morit 'Cientzia

Vietna

Verko

Vekcha

Zurich

Branches of American Express Company in Principal cities of Unit ed States of America and Canada.

investment

The Company offers to intending The fall in imports of foodstuffs Travellers the use of its "Travelers amounted to $23.3 millions for

Subscribed Capital Frs. 72,000,000.00 Paid-Up Capital...Frs. 88,400,000.00 handled. Reserve Fands....Frs.102,000,000.00 BRANCHES: Bangkok Hong Kong Quinhon

Salgon Battambang Hue

Shanghal Nam Dinh Singapore Neumea Thanhca

Cantho

Canton

Djibouti

Mengtze

Fort-Bayard Paperte

Haiphong

Hankow

Hanai

Tientain

- Touranc

•

Peking Phora-Penh Vinh Pondicherry Yunnantu

BANKERS: IN FRANCE Comptoir National d'Escompte de Paris; Credit Lyonnais; Hanque de Paris et des Pays-Bas Gredit Industriel et Commercial; So ciete Generale.

IN LONDON: The National Pro- vincial & Union Bank of England, Ltd.: Comptoir National d'Escompte de-Paris; Credit Lyonnais

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

Fresh Water

Yellow

Froge

Garoupa Gudgeon

Halibut. Labrus.. Losch"

chemicals. The only improvement Lobsters

of outstanding Importance was in vehicles, where there was an in- Mackerel crease of £2.3 millions in June, Monk Fish Cheques" and Letters of Credit and first six months of 1930, compar- while over the six months the in- Mullet

in addition, the world-wide services of its thoroughly equipped Travel Deed with the corresponding period partment.

: ?

Affiliated with THE CHASE NATIONAL BANK

Resources Over G$2,500,000,000

E. W. DUGGAN,

Minnager,

THE BANK OF CHINA.

一行一鍛一國一中

Reorganised October 26, 1928, under

Interest allowed on Current Ac-ernment it an counts and Fixed Depoelts-according

to arrangements.

special charter of The National Gove

INTERNATIONAL_EXCHANGE BANK.

Paid-Up Capital.

Reserve Funds

Manager.

THE BANK OF CANTON, LTD. Established 1912,

Head Office:Hong Kong.

Authethood Capital (11.K, Currasey) $11,00,00 Pad-Up Capi

8,085,400 1,000,000 Bater Fund

BRANCHES :- Gastos Bhanghai, Hunkow, Switɑw. Bangkok, New York and San France:0.

LORDON BANKENS1—

The Ling's Back, Limited. CORRESPONDENTS

In all principal cition of the World,

Fareiza exchange and banking business of

every dbscription intacted.

Nate Depot Boxes (various sizes) at a yearly reate of from $5 to $10.

LOOK POONG SHAN,

Chief Manager. Hong Kong, 14th May, 1980.-

credse was about a quarter of a Oysters

million.

Parrot Fish

The apparent. adverse trade bai- Perch nec in June amounted to £22 mil- Pike Tuns, compared with £20 millions Plaice

In June, 1929, while for the six Pomfret, White months amounted to £187.0 mil-Pomfret, Black Bons, compared with £185 millions Prawns

1929.

WORLD GOLD PRODUCTION.

Ray

Rock Flab

Roach

Balmus

Shark

Skate

H. A. Kursell, engineer of the

American Smelting and Refining Shrimps- Company, confirms the view Soupper

a decline in gold Solea those who see

next thirty Tanch production, over the

In an analysis of gold Turbot years.

***

# <*18698¤ISOFABREJZFEHRBAR+508662238OUSEABR2

魚魚j 魚魚魚魚濂沙鰵魚嶗缒逛儋白甲花魚蝦魚魚魚婭众妇芒依踮踮蝦某公倞賰魚

排邱

牛羊仔仔

*#*

*DÉRIEURS KIESKEPISEKAENUBARENŸ¤¢ERÇORDER=3KL 公班

production and its future, this Furtles, small, fr, water gold expert estimates that the

Every description of Banking and Subscribed Capital....$26,000,000.00 THE BANK OF TAIWAN, LTD. world's gold production will re Exchange Business transacted.

Safe Deposit Boxes to let.

A. LECOT.

Hong Kong, 1st May, 1920.

THE YOKOHAMA SPECIE BANK. LIMITED.

Established 1880. Capital (fully paid-up) Yen 100,000,000 Reserve Fund.....You 118,500,000

Head Office-YOKOHAMA. Branches and Agencies at: Alexandria Batavia "Bombay-

Buenos Aires

(Temporarily closed). Calcutta

'Canton'

Changchun.

Dairon (Dalhy?

Nagoya Newchwang

New York Oscko

Peking

Rangoon

Rio de Janeiro Balgon

Fongtion (Makden) Seattle

Bamburg

Hankow

Harbin

Hong Kong.

Honolulu

Kal Tuon "

Karachi VA

London

Los Angeles

San Francisco

Semarang

Shanchal

Shimonosokf

Singapore. Soorabaya Sydney Toatain, Tokyo Tainknfu Taingtan Vladivostock

(Tampurarles closed)

allowed or Current

eorits received for rater to be obtali

Hong Kong, 10th Septi

.$24,710,200.00

$ 3,820,503.82

HEAD OFFICE: SHANGHAI,

HONG KONG BRANCH:

4 Queen's Road Central, ··

(TAIWAN GINKO.)

HEAD OFFICE:-Taipch, Formosa. Incorporated by Special Imperial Charter, 1899.

Canton.

Barabaya.

Calcutta

Central Bank in Formosa, Back-Naten Javed Average Amout...Y. 45,000,000 BLANCHEB AND AGENCIES: JAPAN-Tokyo, Yokobarna, Hobe, Ouka. FORMOSA-Glan, en kopie - Kranko. Resting 1 Owing to our numerous branches Makon, Banto, Shischiks, Taichu, Tainan.

Taken Tamut, Toen. Hello, Taito. in China and large connections in the

OHINA Shangiel, Haskow. Amer. Foodbow,

Nation Kong. Bingaporn Important commercial centres of the world, we are ablo to extend to our OTHERS clients spécial facilities, for, domestic Leadon, New York Dairen and foreign banking and exchanges,

We also handle the issue of Bonds The London County Westminster and Farr's Dauk. and other Public Funds of the Chin The Bbox has Correspondents in si the principal es2 Government both at home and Commercial Centres throughout the world. abroad

SHOU J. CHEN,

Manager Hong Kong, 6th March, 1980.

THE

Hemarang, Datele,ombay,

LONDON BANKERS

MADURA.

Manager HONG KONG BRANCH 1

Don Vasu Bond Central. Hong Kong, W1 January, 1920.

BANK OF EAST ASIA, LTD.

Established 1918.

HEAD OFFICE:

10, Des Voeux Road, Central. HONG KONG

Capital and Surplus Total Resources

over H..

$8,000,000.00 over H.$30,000,000.00

Every description of Banking and Exchange business transacted.

Current and Fixed Deposit Accounts in, lock) and for- eign currencies opened for clients.

Savings Account and Safe Deposit Boxes. Branches and Agencies all over the world.

KAN TONG PO,

Chief Manager.

main stable, at around twenty million ounces ennaally during the next few years, up to -1936, and then show

a gradual drop- ping off to, say, fifteen million ouncea by 1040...

195.29862 1° 1° 888***

Almends

Apples (California)

Bananas (bride's) ....

Carambola

Coconuta

1. 7 cách 12

#lb.

each 13

Vegetables, &c.

Beatie, Sprout

Artichokes

Long

Beat Root

Bitter Squash

Brinjals, Groen

Red

Cabbage, Chinese... $.

(Shanghai)

Cane Shoots, bunch

Cauliflower (Large) ..

Carrots.

(Medium) RIE (Small)

Bཧྨཡསྶབྲཱཀྑུཾ ཡཿ ྨ | | | 2མ ཨྰཿསྐུ།།

| | | ། ཋ ཋ | g t ༅ | སྱཱ | [ ༄ཋ]

*.*

each

lb.

36 16

34 12

妆

98 23

大鄉榮花

cach

粗襬榮花

召

# lb.

10 5 €

Celery, Chinese

Chillies, Dried

辣椒干

24 25 5

路

32 10. 8

Red

* ** *x

16 10

£0

Green

石班

莳花椒

G8 32

Curry Stuff, English..

28 40

Cucumbers

Garlle

13 23

Ginger, Young

18 15

Old

52 32 13

Indian Corn

·01 32 → 21

Lettuce

33 ·18 2

30 12

Okroes

14 1 10

洋患頭

སྐྱོ་

8. 8

Green

€ A

Shanghai

Parsley

拌菜

Potato, Sweet

Japaness

日本薯仔

American

Pumpkin

金山仔签

・ナダ

Radiah ....

紅獅仔

Rhubarb (Fresh)

Shallots

干葱鎮

Spinach

寬榮

Tomatoen

28 28

Taros .....

36 22

Turnips, Panti (Long)

Vegotable Marrow •••• # # *

Water Crasa, KA

୫

6 15

|魚魚魚魚脚

SOILED LINEN."

BROTHERS-IN-LAW MAKE EXPOSURE IN COURT.

$40,000 INVOLVED.

STENERE ANECDE88*8***26** B * C ------R22 28

ལམ་

; བ གླུ ཀླུ ཞཱ ཙ ལ༠ཐཆུ གྷ ཎྜ སྭ །

Horseradish, Shanghai

Water Chestnuts

Mushrooms Fresh

Onions, Bombay

Mandarin.

Water Lily Root ....

од

It was also decided to pay on the qucation, he said that the signature was not his.

same day the half-yearly dividend Witness also dented that he had due the preference shares, spent $8,000 in one year on riotous amounting to 6d. per share, less living and that he was a habitue British Income tax, at the same rate. Transfers received in order of West Point.

Mr. D. L. Strellett (for the pro-j at the registered office up to Sept. secution): Some of the best people 8 were in time to be passed in Hong Kong go there themselves. for payment of the dividend to the

Mr. Randall then intimated that transferees.

This constitutes the poual in- he would have to attack the com-

•

The uncertain factor in the situation is the inability to judge how much gold the ; commercial arts will take and how much will he left for monetary supply. Mr. Kursell believes that not more than half of the world's annual When further evidence was takenplainant's character unswervingly. terim dividend of 4.1-6 per cent., tax frea to date, production will be available for in the case in which Chan Kwong- He asked witness if it was not a tax free, making a total of 16.2/8

cheung is charged with the alleged fact that his relations with his per cent,

previous payments being Currency and banking purposes.

of over father lasted only one year, after the

and'. June. "No reduction of consumption embezzlement of a sum for industrial purposes is to be $40,000 from his erstwhile partner which time, he took to drinking in in January, March

Last

final year the Witness denied thiq allega-

Whe anticipated," he says. "In fact, before Mr. R. E. Lindsell at the excess.

8.1/8 per cent, maklig 25 per changes in fashions for Jewellery, Central Magistracy, it was stated.' tion."

Witness disa denied that he was 'cent., tax free, as in the three pre- expanding needs for the arts, etc, that the complainant in the action

In disgrace with his family on ac- vious years. Capital bonuses of are likely to increase this deis defendant's brother-in-law,

25 per cent, and 15% per cent. mand. And as this demand will Defendant said that his sister was count of his bad behaviour.

The Case

was adjourned to were also given in 1926-26 and be supplied first, it follows that married to the complainant, who was

1027-28, respectively, the latter dis- Tuesday. viny reduction In world production engaged with him in a pig buying

tribution being satisfied by ordin- I reduce, not proportionately and selling business.

Ary and deferred shares in the but equally the new gold avail-

Complainant Baid that, after he

Tobacco Securities Trust Co.. Able for banking and currency hand discovered the deficit, he ques- purposes."

Then Mr. Kursell makes this loned defondant about it. He had also repeatedly requested defendant significant, statement:

B.A.T.'s INTERIM.

USUAL PAYMENT OF 4 1-6 PER CENT.

At a masting of the directors of

Since the date of the last balance sheet the capital has been increased from £28,074,036 to of £84,074,086 by the Issue 6,000,000 6 per cent. $1 cumulative preference shares. The tobacco share group, as a whole, has been

It seems logical to expect that to balance the books, but this was between 1985 and 1840, the avail- not done. Questioned further on able gold supply for the latter the matter, defendant had admitted purpose will not exceed five mile to him that be had spent some of the British American Tobacco Co., llon to six million ounces per the money on his cousin's marriage. Ltd. ("Bats"), held on August 19, a weale section of the Stock Mar annum, ie, about half of what it Crossed-examined by Mr. F. C. E. It was decided to pay, on September kete recently, "Bats" in particular

at presenters an

Rendall for the defence, complainant -80, an interim dividend of 10d. being affected by rumours of ad- If the Kurself conclusions are denied that he had given a letter to per share for the year ending ferse business in the East, due to correct thelluation more defendant in which he was aboalved Sept 801980, on the ordinary anpottled political conditions. erious than even Prot. Cassel of from all liabilities. Witness denied shares, free of British income tax The shares were again a weak feature, falling 8/18 to 44. Swedenks

1930-10-17 — Page 2

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Private Research Note