Page
HONG KONG AND SHANGHAI
BANKING CORPORATION.
Author, Capital
$50,000,808
Ived and Tully Peld-up $30,000,0 Beserve Funds -
Bering,500,000
THE.CHARTERED BANK OF INDIA, AUSTRALIA & CHINA. Incorporated by Royal Charter, 1853. HEAD OFFICE: LONDON.
Pald-up Capital
0,500,000
Reserve Fund
.£3,000,000 .24,000,000
Barre Liability of Propriators ............. $39,000,000 HEAD OFFICE: HONG KONG.
Reserve Liability of Pro-
pelators
..23,000,000
ALOB BTAR
AMRITSAR
BOARD OF DIRECTORS : ——
3. A. Pummer, Esq. Otelman.
Hon. Mr. C, G. B. LAUKIA. Teputy Chairman.
W. £. Dall, Esq. Hon. Mr. Y. J
LB. Campton, Esq. T. E. P. Esq.
Agencler and Branches:
XUALA LUMPUE
- (Malay Blatus)
BANGICE
BATAVIA
BOMBAY
Palaron
CALOUTTA
CANTON CAWNPORE
3. Lander Lewis, Esq. T. II. R. Shaw, Est.
J. Miskio, Esq.
ANOT
SOKOS
BATAVIA
BIMBAT
CALCUTTA
CESTON
CHEPCO
COLOHDO
J. F. Warren, Esq.
Chiel ManagWY.
Y. M. Gryburn, Esq.
BRANCHEB:--
LONDON
LYONS
CEBU
COLOMBO
DAIREN (Delay
Bouth Manchuria)
DELIR
HAIPHONG
(N. Manbaria)
KARACHI
KLANO
FEANDURO
HANKOW
HARDIN
MALACCA
HÒNG TONG
MANILA
ILOILO
MUAR (Job pos
[POH
MUKDEN
NAOAHARI
NEW YORK
DAIREN
PRIPINO
FOODNOW
HAIPONU
HAMBURG
HANZOW
SAN FRANCISCU
HARBIN
MONOKEW
12011.0
.
MODE KOWLOON RU&LA
LUMPUR
PENANG RANGOON
SAIGON
RIIANGHAT
BINGAPORE
VOU BABAYA
SUNGRI PATANI TIENTSIN
10X YO
-THINOTAO
YOKOHAMA
Ourrest Accounts opened la Local Curreany and Fixed Deposit reived for user or share periods in Local Currency and Harling De me which will be quoted an application Hong Kong, 1st April, 1980.
HONG KONG SAVINGS BANK.
The Boils of the abovy Bank la vendast. by the LONG KONG AND SHANGRAT Hules may ba BANKIHO CORPORATION.
sikained no syydemijos.
FOR THE HONGKONG AND SHANGHAI BANKING CORPORATION.
V. M. GRAYBURN,
Chat Manager.
Bong Kong, 10th Fulz, 1080.
NEDERLANDSCHE HANDEL- MAATSCHAPPIJ, N.V.
(HETHERLANDE TRADING BOCIETY)
DANKERA.
Estabia 83). Hong Kong Offer:-1, Quec's Road Desire. -Authorland.......Capitel Olds 150,000,000. (212,800,000) Eid-Up Capital ................................ Gullion 80,500,000 [20,009,179) serva Fund ......... Quildag 10.010,000 (23,854,389)
Tasd :—AMSTERDAM' Eastern Blond Omo:-BATAVIA.
BRANQUES:-Bandjarmasin, Bandseng, Bombay,
Calcutta, Charbon, Dacabar, Djok jakarta, The Hague, Jeddah, Keba Kota Redje, Makamar, Medan, Padang Fabricogan Funaba Felombang. Pontianak Bag, Botterdam-
Mbol Hamara
Bacchal, (Bumatra), Bingapore, Bourabaís, hourakarta (Boko), Tegal, Tjilajep and Watierra'.
• Thees ofloss bare safe deposit bons to lal. London Dankort :-National Provincial Bank Zád.
Corpenden all over the world
Banking busloss of every description transarted.
A. OTOKKINE,
Acting Venue.
Hong Kong, 19th August, 1930.
BANQUE DE L'INDO-CHINE.
HEAD OFFICE: 98, Boulevard Haussmann, Paris.
Subscribed Capital Frs. 72,000,000,00 Paid-Up Capital... Fr. 88,400,000.00 Reserve Funds.FTs.102,000,000,00 BRANCHES: Bangkok -Hong Kong Quinkon
Saigon Battambang Hue
Shanghai Mongtze Nam Dinh Sugapore
Thanhea Fort-Bayard Papento Tientsin Haiphong . Peking... Tourane Harkow Pnom Penh. Vinh
Cantho
Canton
Djibouti
Kanot
Neumea
Pondicherry Yunnanfa BANKERS:
IN FRANCE: Comptoir National d'Escompte de Paris; Credit Lyonnais; Banque de Paris et des Pays-Bas; Credit Industriel et Commercial; Bo- cleto Generale.
IN LONDON: The National Pro- vincial & Union Bank of England, Ltd.; Comptoir National d'Escompta de Paris; Credit Lyonunia.
IN NEW YORK: J. P. Morgan & Co.; French American Banking Cor poration; Guaranty Trust Co. of New York.
Interest allowed on Current Ac- 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.
KUALA KANG BAN
KUCHING
MADDAS
MANILA
MEDAN
NEW YORK FERING
PEN NO
PESAWAR BANGOON
BEMARANO
BAIGON
SEREMBAN
BUANGHAL
SINGAPORE
BOUHAVAYA
TAIPING (P.4.0.)
TAVOY
TIEN18IN
TOKYO
TORGRAS (Dhuhe)} TSINGTAO
YOKOHAMA
ZAMBOANGA
(Philippine Falando)
General
Exchange and
THE CHINA MAIL.
Commerce and Finance
AGENTS WANTED.
CONNECTION FOR U.S. FIRMS IN
HONG KONG.
37th
TRADE FORECAST.
TUESDAY, DECEMBER 23, 1930.
HONG KONG MARKET PRODUCE.
RECOVERY ANTICIPATED NEXT Beat Sirloin
YEAR.
*
APPROXIMATE
脆燒牛
Butcher Mext.
Prime Cat
Corned
Roast
H
Breast
H
Soup
Ja
Stank
Steak Sirloin
+
Sausages .....
Tongue, freak
#
W
W
H
Tongue, corned
Hend
Heart
Hump, Balt Foot
Kidneys
Tall
Liver
The trade forecast of the Fedora- The following is a list of Ameri- ean firms or individuals who de tion of British Industries for the sire to catablish connections with fourth quarter of 1980, published merchants in Hong Kong and who on November 3, contains the re- invite correspondence. No respon assurance that, although Great Bri- sibility is assumed as to the stand-tain is experiencing a trade depres-
than any since Balock's Brains ..... ing of the persons or firms tamed,sion more severe Further information may be ob-1920-21, our trade has by compari- son with certain other countries tained at the Consulate General.
been only moderately affected. In Tiger Bed Springs. Haggard and Marcusson Co.. the United States of America, for (Perak PCB.)
West 1109-1117
Street, Instance, the setback in the rate of Foreign
Chicago, Ill., desires to make con industrial activity has been one of Banking business transacted.
Current Accounts opened and Fixnections in this territory. Prices the moat pronounced ever recorded, od Deposits received for 1 year or and catalogue may be seen at the with a drop of something like 30 to 40 per cent. in the level of produc- which will | Consulate General. shorter periods at rates be quoted on application.
"Noslip" Screen and Sash Hengeration in less than a year. A. H. FERGUSON,
Noslip Co., Inc., Bloomfield, N.J. Though the forecast is guarded Manager.
seeks representation in Hong Kong as to the future, it commits itself Hong Kong, 8th January, 1929.
of stating that it! H for the above. Price list may be to the extent
Shoulder seems almost certain that some of seen at the Consulate General.
Saddle the most persistent and long-term
our industrial ills are] Pig's Chitlings causes of likely to undergo a permanent
Brains Fost change for the better. The gold situation, for example, is becoming'
Fry easier, and the credit situation less rigid. Long-term interest rates to move towards a are beginning lower level, while the pressure of borrowing on account of both inter Pork Chop national indebtedness and distress- ed industrial borrowers is beginning to relax.
THE HO HONG BANK, LTD.
(Established 1917.)
HEAD OFFICE:-SINGAPORE. Hong Kung Branch: 13, Queen's Rd. C.
Authorised Capital Strults $20,000,000 Issued Capital
8,000,000 4,000,000 Paid-up Capital... Liabilities Reservò
เ
4,000,000 of Shareholders
2,526,000 Surplus
Branches, Agencies and Correspon dents in the principal cities of the world.
Every description of Banking and Exchange business transacted.
TAN ENG HOOI,
THE
Dry (Powdered) Milk. The Export Corporation, Ltd., Suite 400, 458, South Spring Street, Los Angeles, Col., desires to Intro- dace the above to Hong Kong.
Narcissus, Daffodil and Jonquil Bulbs.
George Lawler, Tacoma, Wash., desires to sell the above and other bulbs in Hong Kong. Price list may be seen. at the Consulate General.
Fancy Feathers (Pheasants, Coques, Etc.) Nathan Zucker, 12 West 36th Manager. Street, New York, N.Y., desires to
purchase the above.
Toilet Paper and Paper Towels.
A.P.W. Paper Co., Albany, N.Y.,
AMERICAN EXPRESS COMPANY, desires to make connections for the
sal of the above in Hong Kong. Dowels (Pressed Spiral Corrugated
INC.
Head Office: 65, Broadway,
New York
Capital Surplus Reserves
Amsterdam Antwerp
.U.S.$6,000,000 ,U.S.$1,672,454 .U.S.$1,908,200
BRANCHES:--
дево
م سمان
Albana Basit Barlin
itavana Hamburg Harrs
Biarrile
Interlatan
Borbay
Braman
Brussels
Jerusalam Lako London
Finance dires
Calro Celonita
Lucera
Liverpool
Cause
Colambo
Canelatioopia Copenhagen Edinburgh
Florsnos GsDate
Branches
I.and
Lukor
Marillo
Monte Carlo Manila
• Kunich
Montrea
Elan of
Nice Napisa Plius Pazia Finang Taking Palermo Boilerd Rotom Baboul Fhaoghal Bebas pion Singapore St. Morit
Trealaiz
Vienam
Vtrice Vikohama
Zarrick
American Express
ed States of America and Canada.
All classes of Commercial Banking Transactions undertaken.
Personal handled.
Company in Principal cities of Unit-
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
& Steel-Script. American European Trading Co., 110 Page Street, N.E., Grand Rapids, Mich., Export Representa. tives of Desprea Dowel Manufac
» Tripo Calves' Head & Feet .. 447 Mutton Chop
2
W
Leg
Hend Heart
H
Kidneys Liver
leg
■
Loin
Н
Fat or Lord
11
Th
Heart Kidneys Liver * Sucklag Pigs, to order Suet, Beef
Finally, the disastrous collapse in Sheep's Head & Feet American business and commerce may hasten the day when that coun- try will come to realise that an economic policy of "splendid laola- tion" is not consistent with her own Interests in a modern internation-: alised world. The most that the Federation's economies department will prophesy is that at the moment | the omens are favourable for some slight, though probably temporary, recovery next year.
The forces responsible for the world collapse in prices appear al-
Veal
Dec. 12, June, June,
1930. 1918. 1014 Ctx. Cts. Cla.
lb. 80
"
H
80 28
80
23
24
28 20
RETAIL PRICES.
Chicken
Capons, Smal} Capons, Larges
Duck
Doves
Dec. 18, June, June,
1980, 1918, 1914
A RÈ ¤ = = ¤ ¤ ¤& PA*88*8
គ ន ន គ 5 } ឌ | | | ± ||
Poultry.
Cts. Ct. Ct
lb.
30
28
線鹗
"
28
.
# A each 30
20
12
25 20, 18
Eggs, Hen (cooking)..
18 per doa, 35
80
24
Eggs. Hen (fresh)
新鮮類蛋
25
13
lb.
36
24
16
t
85
24
73
per set 15
21
24 24
each 48 80
23
28
lb.
Turkeys, Hon
ข
61
each 25
Pheasant
山 * pair 2.20
$each 32
#
F
Fruits.
each 65
"
" $1.00
24
80. 05
Fowls, Canton Fowls, Hainan
Pigeons, Canton
Geese
P
Turkeys, Cock
-$1.20
ក្ល ៗ ដ ឌ ន ដ ឌ ៖ ៩ ឌ8 | នូ ផន ន ន ? | | | | | | | | | ឌ២៩ឆ } 2 | 2 − 2 ឌ អ ន ព គឺ ! |
***RASS
Ī¤GARORI E TRAÅRARRIS*****s!!
27
lb.
J
cách 10
15
#
26
b.
24
10
eet $1.20 $1.00 $1.00
羊排骨
1b.
86
BO
84
*#.#
38
21
30
"
Per set 3
b.
15
28
18
»
each 15
13
48
26
25 23
#
36
42
29
per set de
# #
#
+***
-牛牛羊羊羊羊猪猪猪猪猪猪猪猪猪羊羊羊牛乳中中
each 12
Matton
Sacrages
No. 1: *Fish.
Barbel Bream
*
1
"
Fab 1.
turing Co., 1735-9 Elizabeth Ave., most to have spent themselves, and Canton Fresh Water Grand Rapids, Mich., desires to in this sense we may be said to have export the above to Hong Kong. touched the bottom of the trough Carp Price list, catalogue and samples of depression. This does not mean Catfish at the Consulate either that an immediate recovery Codab
may be
seen
General.
Talc (Talcum) Powder. Stanley Doggett, Inc., 99 John and 11-18 Cliff Street, New York, N.Y, wishes to purchase the above, Sample may be seen at the Consu- Inte General.
Ultramarine and Laundry Blues.
Stanley Doggett, Inc., 99 John and 11-13, Cliff Street, New York, N.Y.. seeks distributors for the above in Hong Kong.
is in sight, or that there will not be Craba
further faila in individual groups Cuttle Fist of prices. Economists notwithstand-Dab ing, the Federation belleves that Daco the present world condition may be Dog Fish diagnosed as. one of general over- Cele, Conger
Fresh Water production.
"
• Yellow After The Slump. Commenting on the above the Froga Financial Times says:-Many people Garoups are asking themselves when the Gudgeon world-wide slump in commodity | Herrings prices is going to end and when the | Halibot The Rochdale Libraries Com-slow process of recovery is likely Labrus mittee, which recently refused to to begin. Some authorities assure each
us that the bottom of the trough of Lobsters carry out instructions received from the British Patents Office to depression has already been reached, Mackerel send sets of patent specifications and that henceforward a steady re- Monk Fish
vival in commodity values and in Mallet to the Soviet Government, has now business activity can confidently be been asked to send the specifica-
Oystars
tions to the Patents Office.
reckoned. upon. But after the dis- Parrot Fish appointing and disquieting expert Porch ences of the past year It would | Pike
THE BANK OF CANTON, LTD. vously be unwise to assume that Plaice
| nothing can prevent a steady and Pomfret, Whits
Established 1912.
THE CHASE NATIONAL BANK Resources Over G$2,500,000,000
E. W. DUGGAN,
Paid Up Ca Manager.
THE BANK OF CHINA.
行跟國中
Reorganised October 26, 1928, under
special charter of The National Gov- ernment 'an an
INTERNATIONAL EXCHANGE
BANK. Subscribed Capital ....$25,000,000.00 Paid-Up Capital ....$24,710,200.00 Reserve Funds ....................... 3,820,503.82
HEAD OFFICE: SHANGHAL.
HONG KONG BRANCH:
Queen's Road Central..
Owing to our numerous branches to China and large connections in the important commercial centres of the
Head Office:Hong Kong.
Anilorised Ospital (ILK. Currency) $11,000,000 BAAD $,000.000 Hacer Fund.......
BRANCHES Caston, Shanghal, Hankow, SWELOW, Bangkok, New York and San Franciera
CORRESPONDENTS
LONDON BANKERS;—
The Lloyd's Bank, Limited.*
In all principal cities of the World.
Foriga xosure and banking business d
every description fransnoted.
Safe Deposit Bosse (various slaas) as a yourly rental of Iron B to $40.
LOOK POONG SHAN,
Chlef Manager. Hong Kong, 14th May, 1930.
eustained recovery in the consump-Pomfret, Black
tion of basic raw materials. or in Prown the purchasing power of the peoples Ray
Rock 'Flah
of all countries. F
As the British Federation of In-Roach dustries reminds us in its quarter- almon ly forecast released for publication | Shark to-day, nothing can prevent the Skate comitg. winter from being a period | Shrimps of difficulty in countries where the snapper ranks of the unemployed are rapid-| Solen
ly being swollen by fresh recruits. Teach But when seasonal depression in Turbot
most industries come to an end, as Turtles, small, fr, water it should do in the early spring, an
THE BANK OF TAIWAN, LTD. improvement in world conditions
(TAIWAN GINKO.)
HEAD OFFICE:-Talpoh, Formors. Incorporated by: Special Imperiat Charter.-1899.
Central Bank in Fortsons. Bank-Notes ed Average amount Yes po,co DRANCHES AND AGENCIES1 JAPAN-Taky, Tokohams, Kobe, Usaka.
Karenko, FORMOJA-Oiran, Eng
Mak Nasty Staunbike, Talcho, Talsi, Tekso, Tammal, Toko, Helio, Taito,
Byslow. Cantom
may reasonably be expected.“
The velocity of the ecanomic re covery will depend upon several
魚魚魚魚脚
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DE
CALCULATIONS OF
TI
כן
15
"
45
25
80
H
36
92
28
82
៖ ឌ គន ឌ គ ឋ ឌ ឌី 5 គឺ គឺ ៖ ឌ ន ន ន ឆ ៥ 2 ឌូ ឆ ៩ ៖ ភ៌ ៖ អន់ ៖ ឧ ឌន ឌ ឌ ន ឆ ឌ ឌ ឌ ឌ អ ឌ
རྗ རྐ སྐ དྷྭ :
+1
"
+
It to
20
16
Snipe
Quail Partridges
Holbow
Almends
Apples (California)
女辣榮
.90
35
$21
"
22 24
Bananas (bride's) ....
燕山香蕉
в
"
Carambola....
Coconuta
Lemons, Chins
Lomons (American)
Licheen, Dried
Oranger (Canton) :新會甜橙 Oranges .....
#
Pears (Canton) .............. †
4
12
10 each 13
ཤྰ སྒྱུ ་ སྲཋ ཡྻུཾ ཆg | | | བྷསྶཨསྨཱ།|
10
lbx
10 25.
30
金山檸槛 cach 2 荔枝干 Ib.
8
60 25 30
12
16
15
19
16
Peanuts
# 4
14
10
12
"
Persimmons Tangr
*C
12
Plantala
*
5
13
Pumelo, Slam
諾羅柚 each 怎去
12 0
Walnuta
* lb. ......合
13
10
50
"
Grapes
Vegetables, &c.
Artichokes
Beane, Sprout
Long
Beet Root :.
Н
#
生柿柚橘子
Cabbage, Chinese
(Shanghai)
Cane Shoots, bunch ..
Cauliflower (Large) .. *#*#
(Medium)
(Small) .. 耕梛榮花
A
Red
Green
each 12
Ib.
5
10
"P
ย
--
10
12
#
B
each 20
16
12
B
6
Carrots
ib. 8
5
6
Celery, Chinese
塘臭榮
10
*
10 0
Chillles, Dried
辣椒...
20 25
J
6
15 10 10
奇花椒
12
ติ
8
12
10
8
2
8 G
20 7
14
20
35 8
45
€
В
10
8
1 10
B
8
4
8 6
40 00
6
а
4 &
6 3
443
竹菜,西瓜瓜瓜菜菜笋花花港爭菜干椒椒料瓜發套 米柔滕特拉 阿疗和菜薯仔仔瓜好菜頭菜茄頭截本 # # # * * *
Curry Stuff, English. - NMP
Cucumbers Garlie
Ginger, Young.
Old
Horseradish, Shanghai. Indian Corn Lettuce Water Chestnuts
Mandarin.
Mushrooms, Fresh ... Okros..
Onions. Bombay
Green
Bitter Squash
Brinjals, Gresn
13
16
Red
16
12
16
23
18
23
10
10
18
10
20
82
40
22
13
18
82
G2
32
20
13
12
14
80
18
36
Shanghai
UG
38
Farsley Potato, Sweet
10.
Japanese
日本
18 10
14
American
金山 在
13
Pumpklu
22
Radish...
83
80.
紅蘿檢
大
8
干意
10
02
23
22
20
18 · 12
40
REPERER || 8829-********-*8*=**98*28**3* |
The Treasury's
Rhubarb (Fresh)
Shallots
Spinach
Tomatoes
Tarua
Turnips, Panti (Long) Vegetable MarrOW..... Water Cresp
Water Lily Rosi
factors, such as the capacity of gu NATIONAL REVENUE, Congress in Secretary Melon's an- impoverished world to absorb at présent unwanted surplus atocks of
raw materials. It is at least one Stiff Task Before U.S.A. excuse for hopefulness that the ab-
Treasury Officials. normally low prices such as rule at CHINA-Shadow Any Fohow, present provide the best and most *Koog, Singapore Boarabars, powerful stimulus to an increase in Bemarang.
Niw York, Dairenz LONDON BARKEDS:
Washington, Oct 28..
B
7
4
10 15
0 15
SIR CHARLES HIGHAM'S ADVICE,
"$180,000,000 ADVERTISED GOODS guess" will be transmitted to
nual report on the first Monday in December.
Previous Year's Surplus. For the last fiscal year the Treasury originally estimated s surplus of $220,000,000 which was reduced to $145,000,000 by the..
Sir Charles Higham writes as follows to the Evening Stan- dard-As trade depressions is
Capital (fully paid-up) Yen 100,000,000 world, we are able to extend to our oalaria, Bombay, Caloutta the demand of goods of every United States Treasury officials tax reduction. The actual surplus universal at the moment; and
Yen 119,500,000 Reserye. Fund
Head Office:-YOKOHAMA, Branches and. Agencies sti Alexandria Batavis Bombay Bugnos Aires
(Temporarily
closed). Calcutta Canton
Changchun
Daiten (Dalny)
Nagoya Newchwing New York
Oika
Faking
Rangoon
Rio de Janeiro Salgon
Sala Francisco
Fongten (Kulden) Seattle
Hamburg
Hankow
Harbin
Hoa Long Honolulu **
Kal Yden
Karachi
Semarang Shanskat
Shimonocak!
Singapore Boorabaya Sydney.
Tientsia
Tokyo
Laudon
Los Angeles
Lyons
stock
Manila
“Nagasaki
“Interest - allowed-
rant
balts received
Hooge Kobe 10th.
clients special facilities for domestic and foreign banking and exchangon
We also handle the issue of Bonds
and other Public Funds of the Chin- ese Government both at home and abroad
SHOU. J. CHEN,
Manager. Hong Kong, 5th March, 1980.
י;
consumer and manufacturer
at close of the year was $184,000, alike are feeling the pinch,
The London County Waluates and Parra Bank Cescription: Another cheerful fea- are now engrossed in one of the
The Bank has Correspondasie in all be priznature of the situation is the prospect most difficult tasks they have 000 or $39,000,000. more than I would like to emphasise the mank-
Commercial Centres throughout the world.
25 K. XAGUNA.
HONG KONG DAKO
. '' A Day Vous Bood Central, Hong Kong, 17th January, 1990.
Manager.
THE 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 IL$30,000,000.00
very description of Banking and Exchange business transacted.
Currant and Fixed Deposit Accountain local and for eign currencies, opened for cliente, de
Savings Account and Safe Deposit Boxes Branches and gercles all over the world.
KAN TONG PO
Chief Manager,
"Treasury's estimate. of a continued fall in long-term ever faced.
fest advantages to the public of rates of Interest. Cheap money,
Taking into consideration the buying advertised goods. Government's Estimating tho the Foderation of British Industries probable revenues during the next facf that total government re-
1 Unnamed, unknown and unadver recalls, was an essential element of facal year, is an annual duty at venue are close to $4.000.000.000 tised goods are damped into this the Industrial revival in the last about this time, but this year the annually, Treasury experte said country at undercut prices; they decade of the nineteenth century, Treasury a job is more complicat they believed a guess that was may be good or they may not and history seems likely to repeated than ever before.
within $39,000,000 of the correct The buyer has no means of know- Itself.
Criticism has been directed at figure was remarkably accurate. Ing, unless by experience, and few the Treasury in the past for al. Their estimate of revenues. was of us can afford that expensive Dairy cows have been a big leged inaccuracy of some of. Its only $11,000,000 off as compared teacher to tell us how we ought to factor in the success of K. G. estimates A high efficial said to with actual receipts. Dalgleish of Iron Springs, Alts, day that if the Treasury comes who won this year's better farm within 350,000,000 of guessing the competition with his irrigated plot eurplus this time it will be "hit of 150 acres. His farm boasts of ring the bull's eye within a bull's sheey, hogs, poultry of excellent eye
have spent our money.
The business depression this If the buyer purchases an adver- year will undoubtedly cause a re- tised article he knows he is buying duction in income tax payments an article of a certain standard to the Government. The problem with a reputation that must he before the Treasury now is: Will kept up. He is, in fact, buying this reduction be so lewasto with his eyes open; and there la preclude continuing the temporary nothing of the pig-in-the-poke about regularly advertised goods. They are all they are. represented to be,
breeds, prize dairy cattle, including On the Treasury's guess of a prize two-year-old helfer with what ravesues will be in 1991, registered milk production of 17,000 depends whether the Adminfotra tax cut? pounds, and 1,600 planted trees, tion will ask Congress to continue In other words, it is the Tres Mt. Dalgleish came to the district the temporary one per cent, tax aury's job to estimate how seri- from Benton, Altas, in 1927, with redaction authorised last year on ously business profits have been Practically no cash capital but has income taxes paid in 1930. This hit by the depression and to guess worked hard and scientifically, and cut aggregated $180,000,000 divide the probable troul during the re has made an enviable record of ed between corporations and fu- mainder of 1980 and in 1981
divl
United Press.
Newspapers nowadays are buyers guides as well as news sheets, and I advise the public to study the advertisements and to buy branded goods. It will pay them,
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