Page
2
HONG KONG AND SHANGHAI BANKING CORPORATION.
Authorized Coplat
$50,000,000
Iped and Fully Paid-up 20,000,000 Berve Pundai-
Meling.....
$6,500,000
Rear Liability of Tropriators $20,000,000 HEAD OFFICE: HONG KONG.
BOARD OF DIRECTORS ---
J. A. Punimur, Ing.
Chairman
. . . . R. Vella.
Deputy Chairman.
#. IL Bell, Esq. Ilon. Mr. J. Palamos
II. Complem, Esq. T. E. Parco. Esq Landee Lamin, Eaq. T. I. . Haw, Eeg.
G. Makin, Raq.
ANDI
DANGKOR
BATAVIA
BOMBAY
CALOUTTA
CANTON
CHEFOO
COLONNO
DAIDEN
FOX CHOW
HAIPHONO
HAMBURG HANKOW DARBIN
HONGKEW
ILOILO
[PON
jonuse
MODE
MOWLAKAN
J. P. Warren. Esq.
Chleb Manager.
V. M. Qreyburn, Kıq.
BRANCHES:-
KUALA LUMPUR
LONDON
LYONS
MALACK'S
MANILA
MAR Jobot«)
MURDE
NAGASAKI
NEW YORK
PEIPINO PERANG BANGOON
SAMION
MAN PRANCIRC SHANGHAL
INGAPORE
SURABAYA
SUNUZI PATANI
MANTSIN
OXYC
TSINGTAO TUKOBAMA
Currens herinte opera la toral ConSEY and Flard gomile cocoited for my br shorter periods in Local Currency and Berling in 14 which will be quoted an appitrallon log Kong, les April, 2003.
HONG KONG SAVINGS BANK.
The Dualtone of the abors Back la santues.
by the HONG KUNG AND BHANOAT BANKING CORPORATION.
ebloed an application.
FOR THE HANGKONG BANKING CORPORATION,
Rules may
AND RANOMAI
V. M. KAYNURK,
Calf Mungu.
Bena Koot. 18th July, 1930.
NEDERLANDSCHE HANDEL- MAATSCHAPPIJ, N.V.
(NETHERLANDA TRADING, BOCIETT)
DANKERS,
Established 1934.
(19.500.000.1
Hoos Koos Oro-11. Queen's Road Central. Authorland Capital Guider 150,000,000. Pald-Up Capitalul 80,080,000 Reserve Fund Quild 44,185,000
(3.69,170) (£8,314,289)
Head Office:AMSTERDAM* East Hand Office:-DATAYLA. ANCHES-andfarmelo. Daudong, Bombay,
Calcutie, Charles, Diambar, Diok The Legia", Jeddah, Koda Hota-Badja, Makazar, Madan, Pedang Pakalongan, Penang,
Rotterdam Hang
Palembang,
Patilanak Kazarmog',
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA. Incorporated by Royal Charter, 1858. HEAD OFFICE: LONDON,
Agencies and Branches:
Paid-up Capital
Reserve Fund
.£3,000,000 ..£4,000,000
Reserve Liability of Pro-
priators
.£3,000,000
ALOR STAR
KUALA LUMPUS
(Malay Biulan)
KUGLINO
ASCHITA
BANGKOK
KADRAS
ΒΑΤΑΝΙΑ
MANILA
MEDAN
BOMDAY CALCUTTA CANTON CAWNPOBE GEBU
COLOMBO
י'
DAIREN (Day
Routh Machuria
DELI
HAIPHONG
NEW TOBI
PEKING
PENANO
PESHAWAR DANUDON
BAIOON
SEMANANO
SERENIRAN
RAMBUNG
BHANGRAT
WANKOW
HINO APORE
HAN
SOUNABAYA
(Nenchura)
HÀNG KUND
JL00
IPH
КАЛАСПЕ
RLANG
KOBE
KUALA KANGSAR
TAIPINO (P.M.8.) TAVOY
TIENTGIN TOKYO
TONOKAH (Nbukss} TSINGTAO
ХОКОВАНА
ZAMBOANGA
(Philippies Inlanda) [Para F...)
Gezeral and Foreign Exchange Banking business transacted.
Current Accounts opened and Fix ed Deposits received for 1 year or shorter periods at rates which wit be quoted on application.
A. H. FERGUSON,
Manager. Hong Kong, 8th January, 1929.
THE HO HONG BANK, LTD.
(Established 1917)
HEAD OFFICE:—SINGAPORE. Hong Kong Branch: 13, Queen's ltd. C.
ן,
THE CHINA MAIL.
Commerce and
Finance
CRITICISM OF BRITISH he must have his money, generally
EXPORTERS.
Strong Complaints to Economic Mission.
CASH TERMS.
The British Economic Mission to the Far East, headed by Sir Ernest Thompson, has received complaints from many quarters In Japan in the exporting connection with methods employed by British manu-
The main points facturers.
of
criticism are pricing, finance, ad- vertising, marking, catalogues and unwillingness to make appropriate adjustments in models. Insistence upon cash terms By exporters is attacked, and the suggestion is put forward that British manufactur- ers should assist their agents by extending credit facilities.
TUESDAY, JANUARY 27, 1931. MARKET PRODUCE.
HONG KONG MARKET
APPROXIMATE RETAIL PRICES.
Butcher Meat.
in the form of a draft against an Beef Sirloin Irrevocable letter of credit.
the great majority of case the price he quotes the export trade is the same as his price to domestic dig. tributiora. This, importers here -unjusti. is not only declare, fed, but absolutely suicidal.
The price generally charged to purchasers abroad includes, in ad- dition to cost of production and manufacturing the following items: overheads stricitly chargeable to Domestic advertising, domestic factory aalesmen and demonstra- tors, service, credit and collections. None of these assists the distribu- tor overeens by so much as one iota, and yet he has to pay for them. The importer into Japan, if he
N
Bullock's Brafım
2)
Tongue, fresh ..
Tongue, corned 4
Hump, Salt
Jan. 20, June, June,
1971, 1918. 1914.
Cu. Cia, Cis
each 85
*2
Chicken Capons, Small
Capone, Large
Dorca
Poultry,
Eggs, Hen (cooking).. #i
Holbow
Turkeys, Cock
Turkeys, Hen
Snipe Pheasant
Quail Partridges
ID
* # *
lb.
80 24 12
"
-
Prime Cut Corned Roast
30
28 11
28 12
11
Duck
B0 24
H
Breast
28 20 18
2
•
Scop
25 20 18
4
#
Steak
80 24 22
Ears, Hen (fresh)
Steak Sizlola
44
80
85
Fowls, Canton
+
"
Sausages....
I
16 26 20
Fowls, Hainan
Geese
per set 15
12
60
Pigeons, Canton
M
$1.00
-$1.20
Ib. 24
14
18
each 10
14
4
15
12
25
2:2
A
14
10
N
set $1.20 $1.00 $1.00
羊排骨16.
36
30
42
34
戰
17
36
30
Per set 3
1b.
15
28
18
Hand
か
-
Heart
M
Fork
Kidneys
Tall
#
Liver
H
Type
means to push the line, must ad Calves' Head & Fees.. ★# vertiae consistently and liberally.
Mutton Chop
*
Leg
H
Shoulder
W
Saddle
Brains
J
Feat
Fry
Head
H
Heart
· Kidneys
Liver
ค
He must provide capable sales- often demonstrators, men and training them at his own expense, through long, unproductive months. The arrival in Japan of the Bri-He must be able to service his pro-Pig's Chitlings tish Economic Mission has served to.
ducts. He must take credit losses. emphasise the fact that there exists He must make collections over
traders a great
territory considerably greater than among Japanese
To do deal of discontent with British ex-
that of the British Isles. Authorised Capital Straits $20,000,000 port methods, writes the Tokyo cor- all these things properly, it is sug- Issued Capital
8,000,000 respondent of the Financial Times.gested that he should have a dis- 4,000,000 " Pald-up Capital
Sir Ernest and his colleagues have count from the domestic list price Reserve Liabilities
4,000,000 conferred with the British trading ranging from 20 to 30 per cent., Pork Chop 2,528,000 community here, at conferences depending upon the line he is hand- Branches, Agencies and Correspon- the Tokyo Club and privately, in Everywhere dents in the principal cities of the their various offices. world.
Every description of Banking and they go they are met with the 3- sortion that British manufacturers, Exchange business transacted.
as a whole and with but few for TAN ENG HOOI,
Manager.tunate exceptions, have still to learn
the essentials of export business.
of Shareholders. Surplus
THE
| AMERICAN EXPRESS COMPANY,|facturers knew enough to do very
INC.
Head Office: 65, Broadway, New York.
Capital Surplus Resorves
.U.S.$8,000,000 U.9.81,572,454 .U.S.$1,908,209
BRANCHES:-
Cance Glasgow
Antalardam Antwscy Athana
Ilaria
Parsin
Biarrit
Backbay
Hamburg Harry Toterlaken Jerusalem
Sibolge
Kremen Brussels
Banconder
Cairo Calo
London Liverpool LIMERI Lestroo Listor Mar
Nlow Sapien Pireva Preis
Fabing itsaraid Botterdam Ilate
Lazbout
(Sat), Bingapore, Bourabala, Soerakarta (Sale), Tegui, Tillajap and Welleradio.
.” These oman hava safe deposit boxes ia lat. London Bankers National Provincial Bant Ltd.
Cosepondenta all ater the world
Banklag business of every description fraccion.
4. OTOKKINK,
Acting ManageT.
Hong Kong, 19th August, 1250,
BANQUE DE L'INDO-CHINE.
NEAD OFFICE:
96, Boulevard Hausmann, Paris. Subscribed Capital Frs. 72,000,000.00 Pald-Up Capital...Fre. 68,400,000.00 Reserve Funds ....Frs.102,000,000.00
Bangkok Battambang Hue
BRANCHES:
Hong Kong Quinbon
Saigon Shanghai Mengtze Nam-Dirb Singapore Neumea
Canton
Djibouti
Fort-Bayard Papecto
Haiphoug
Harkow
Hanoi
Thanhes
Tientsin
Tourazo
Peking Paom-Pana Vinh Pondicherry Yunnanfa BANKERS:
IN FRANCE: Comptoir National d'Escompte de Paris; Credit Lyonnule; Banque de Parle et des Pays-Bas; Credit Industriel et Commercial; So- ciato 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 à 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, Ist May, 1929,
THE YOKOHAMA SPECIE BANK, *LIMITED:
Established 1880. Capital (fully paid-up) Yen 100,000,000 Reserve Fond.....Yen 118,500,000 "Bead Office--YOKOHAMA, Branches and Agencies ats Alexandria
Nagoya Newchwang New-York Osaka
-Batavie
Bombay
Buenos Aires
(Temporarily
closed),
Calcutta
Canton
Changchun
Dairen (Dalny)
Fongden (Mukden) Seattle Wr
Hamburg
A Harbin
Hankow
Hong Kong. Honolulu
Kai Yuen
Koba
Peking Rangoon Rio de Janeiro Balgon San Franciscs
Semarang Shangtal Shimondsek! Singapore Bourabaya Sydney Tientsin Tokyý
5 Con Angeles
Manila
Karachi
London
Cente Ostasha
ContextInople
Mole Carlo
Mantis
Beach
Montreus
ܩܢܐEl
اعدام Eber
Benthamptes Singapore St. Martia Tirials
Vanza
Fri
Yurohams Zurich
Before the War, these British im. porters emphasise, British manu
well. Now conditions throughout the world, and especially in Japan If and China, have changed. Britain wishes to enlarge her markets, or even to hold those she possesses, she must look the facts in the face and change her methods. There are, roughly, six fields in which British efforts to capture said to be markets in Japan are lacking.
ling.
Reversing the Position. If the manufacturer would try to visuallae the problem which the importer of his products faces here, let him take his present list price,
#
Ieg
Leia
Fat or Lard
H
#
Sheep's Head & Feet
Heart
#
44
Kidneys... Liver
add on to it once more every costs Sacking Plys, to order item not directly chargeable to Buet, Beef manufacturing, add to that charges for freight and handling to the Venl consumer in Japan, and then figure out how much market he would have for his line in Britain.
#
H
In the years before world over- production became general and the Industrial nations other than Britain turned to foreign trade Bream
Barbel
Mutton
Sausages
No. 1.
Fish.
Fisti
|K KRZZSSSBEEBOZRBY=HOCK+2015+5QKECEBARÓNESA888
$ #
9
牛羊仔仔
牛牛羊羊羊羊甜甜甜甜甜甜甜猪猪猪羊 羊羊牛乳鲈举牛牛
for essential outlets, markets such Canton Fresh Water R as Japan had to take what was
bo given them and
thankful. Carp Now the British manufacturer in Catah They are pricing, dnance, ad- up against Intelligent competition, Codfish vertising, willingness
to make
not only from Continental Europe Crabs
alight model changes, marking and and the United States, but from Cuttle Fish
catalogues.
In fact, he will gen- Dab
Fresh Water
M
Yellow
Unless these are reJapan itself. medied, importers here believe. erally find that he loses more con- Dace Britain must be content to see her tracts to Japanese bidders than to Dog Fish markets fade away. They do, of any of the companies operating Sels, Conger course, make a distinction between from outate the tariff wall. lines with factory representation and those which depend on agents The former companies generally view of this All classes of Commercial Banking market. The others, again with exceptions, are still living in pre- Transactions undertaken.
War days.
Copenhagen Edicborg's Porsc Света
Branches of American Express Company in Principal titles of Unit- ed States of America and Canada.
Personal investment accounta
handled.
have a
realistic
Suicidal Policy. On the subject of pricing for ex- port the criticism is most insistent. The manufacturer quotes to.b. care at factory, or fo.b. ship at British Before the cargo may move
The Company offers to intending Travellers the use of its "Travelers Cheques and Letters of Credit and, in addition, the world-wide services | port. of its thoroughly equipped, Travel De partment.
Affiliated with
THE CHASE NATIONAL BANK Resources ..Over $2,500,000,000
E. W, DUGGAN,
Manager.
THE BANK OF CHINA.
行銀國中
Reorganised October 20, 1928, ander
special charter of The National Gov- ernment
an
INTERNATIONAL EXCHANGE
BANK.
American Taking
prices-the highest as a baze, prices on ma-Progs chinery and machine tools quoted in Garonpa ·
Gudgeon Japan run about as follows:-
American ..
100
Horrings 85-90 Malibut British and Swiss .... German
75-86 Labrus 40-60
Japanese ...
Losch Tariffs on such products rango Lobster between 25 and 85 per cent of Mackerel wholesale price plus freight.
Monk Flah
Lack of intelligent competition Mulat from abroad has allowed the Japan-Oysters ese to take over line after line and Parrot Fish force Importers to abandon them. Perch
THE BANK OF CANTON, LTD. | Foreign prices have been so far out Pike
Established 1912.
Head Office:-Hong Kong.
Authorized Capital (HK. Currency) $11,000,000 Pald-ífp Capital came
4.665.809 1,000,000 Tatars Fund
DALANÇUES:
Caston, Shanghai, Hankow, Bw. Bangkok, New York and Bax Franola.
СОЯПЕЯРОХDENTS
LONDON NANKERS:— The Lloyd's Bank, Zimised,
**to all principal eltics of the World.
Foral gw and banking bufname of sit description transacted.
Rate Deposit Boxes (varione siam) al a yearly Puntal al from $3 to $50.
"LOOK FOONG SHAN,
Chief Manager. Hong Kong, 14th May, 1030.
THE BANK OF TAIWAN, LTD. (TAIWAN GINKO.)
Subscribed Capital $20,000,000,00 Paid-Up Capital ..$24,710,200,00 [ta Reserve Funds 3,820,503.82
HEAD OFFICE: SHANGĦAL
HONG KONG BRANCH:
4, Queen's Road Central.
Owing to our numerous branches in Caisa and large connections in the Important commercial centron of the World, we are able to extend to our clients special facilities for domestic and foreign banking and exchanges.
Wa also handle the issue of Bonds and other Public Funds of the Chin- Logo - Government both at home and
abroad.
SHOU J. CHEN, ***
Mahnger "Hong Kong, "5th March, 1930.
HEAD OFFICE: Taipeh, Formosa - Incorporated by Special Imperial
Charter, 1899. ....
Central Bank in Pormosa,
BIANCHES AND AGENCIES: D
OTHERS: Hong Kong: Suppos, Baby
Dommy, Calovila,
Bemarang Baterla London, New York, Dairan
LONDON BANKENS
The London County miningter and Parr's Ben
The Dink bas Corespondente in all the principal Comarcal Centre, skroughout the world,
L. KAGUEL
HONG KONG BRANCH
& Des Yance Bold Central, Hong Kong, 198 Zunbury, 1929.
Managw.
of reasonable limits during their Plateo
of experimentation-when Pomfret, White years quality of their product was atro-Pomfret, Black cious that they have been able to Prawns sell almost from the start and Ray thereby entrench themselves, Rock Fish Gradually their products grew bet Reach ter, and soon it was too late to dis-Salmon
Shark place them. A
As mentioned, British manu- Skate facturers sometimes give extended Shrimps credits at home. Of the export Saappar trade they demand cash in advance. Solen Better financing accordingly be Tench comes point No. 2 in the importers' Turbot Indictment of their methods.
Cash on Delivery,
Turtles, small, fr. water.
REFRESKE RESSO 崑肚 水 ** $$~698 #. #**€¤¤¤GUEPGROGERAIVASGEGEE KUÆKENLOCEKLERULARSLBIDENCENAETHERN KH
花班
GESAB
1.
oach 15
=ទ | | | | | | | | = ៣៩ឌ } £ ! 2 r 2 2 p ∞ $ 3 !
288 (*&*R***
§*** 1 & 199829881878-188888li
15
16.
48
38
30
42
23
n
per set 00
cách 12
16
"
14
45
15. 25
30
34
26
t
#
1
17
"
か
12
៖ ឥ ៥ ឌ ឌ ន ទ ឌ ឌ គ 2 5 ៖ ន ដ ឌ ឆ ន ដ ឌ ន ន ន ន ន ឆ ង ន ន ន គ ឬ ឬ ភព ន គ ឬ
Jan. 23, June, June, 1931. 1918. 1914,
Gla. Cla. Ch
40
lb,
58 30 31
B 28 30
18
28' 80
22 91
+
ench 35
22
21
per doz. 35
18
新鮮雞蛋
32
25
71
20
*1.
32 34 24
50 85
24
"
"
38 2.4 24
白
each
**
76
Fruits.
#
BA SUMAR FEKCHES?
lb.
40 80
28 28
80 81
cach 25
pair 2.50 each 28 00
lb. 85 95
24
24
ཚེ:༤
Almonds
***
Apples (California) 金山辉 Bananas (bride's) Carambola...
Coconuts
Lemona, China
Lamona (American)
kế cách 13
# # lb.
10
each 13
00
12
Lichees, Dried
24
Oranges (Canton)
荔枝顶 新會手機
2
Oranges
#
70
70
Pears (Canton)
Pennnts
Porsimmons, Large
Plantain
25
Pumelo, Slam
12
Walnuts
18
Grapes
Artichokua
*
#E
*
ཕླ རྩུ བ ༐ ཥྭབྷཱུ ཋ ཏྱཾ ས བྷཱུ ུ ༢ | | 2 ཋ ཤྩ
16
10
14
12
བྲཱ ླ ་ཡྻཎྜཀླི ༅ ་ྒུ 1 | { བྷཱུ སྤྲེལསྡ།།
10
SO
30
11 12 18 1929 1
16
57
·
#
#
Hi A là cách 15
12
18
10
?
虹大碟
*
Beads, Sprout .................*
Long
16
24
20
16
Beet Bout..
好柿柚子
$ 16.
60
Vegetables, &c.
芝
cách 12
lb.
Б
12
B
8
€
12
10
"
Bitter Squash
Brinjals, Green
Bed
Cano Shoota, bunch
Cauliflower (Large) .... KWAŁ cach 18 (Medium) PACE
Curry Stuff, English.... WX##
Horseradish, Shanghal·
*F#
#999- | | |~~~~⠀ "««- | | | * ~
18
16
nt
16
97
Cabbage, Chinese
12 9
(Shanghai).
16
17
23
28
16 27
14
23
16
(Small)
·轉榮花
12
"
17
10
Carrots
$4 lb.
0
ត
27
10
Celery, Chinees
塘臭菜
10 10
16
Chillles, Dried
捞椒干
18 25
»
10
8
Red
* * *
20
10 10
26
30
Green
*
将花椒
12
12
#
54
32 25
10
40 30
Cocumbers
10 2
1
22
18
4 6
Garlic
13
23
Ginger, Young
20
18
15
Old
14
10
32
18
30
8
02
24
Indian Corn
8 415
32
21
A
1
-Lettoce
20
20
Water Chestnuts
8
13
2
Mandarin. ##NE
10
12
2
Mushrooms, Fresh
##
F
14
1
10
9
Okroes
30
15
Onions, Bombay
洋葱頭
B
8
H
16
9
8 4
Green
10
80
29
Shanghai
上海推
70
42
30
80
Parsley..
20 60
8
36
46
Potato, Sweet
5
10
14
Japanese
日本男仔
4
10
14
American
13
18
Pumpin
1222
10
Radish
80
80
&
10
Shallots
17
10
10
Spinach
32
80
Tomatoes
30
.28
28
Taros..
28 22 28
28
BG
Vegetable MarrOW
28 13 12
Water Crese
1.05
40
Water Lily Boot
#
生態
Rhubarb (Fresh)
Turnips, Ponti (Long)
·金山薯仔
干辉 寬
manu-
紅糖蘅仔
16
8
14
6
6
4
10 16
8 15
WEAVERS' BALLOT.
EFFORTS TO EFFECT A SETTLEMENT.
Rugby, Yesterday.
of weavers Although the ballot
in comfort before the standard resulted in rejection by 90,000 to factory bench. Importers com- 45,000. of a proposal for giving plain that manufacturers almost in negotiating powers to its excentive variaby refuse to send out short in Lancashire, in the cotton dispute, legged models for the Japanese officials of the Ministry of Labour fect a settlement, and are to-day market. This is just one example, are continuing their efforts to of Neither do British makers of con to marking their products for dispute. British Wireless Service. sumer goods pay sufficient attention in touch with both sides to the buyers who do not read English,
Cash on delivery in Japan means 80 to 60 days.
Д Present Britian|putation and doghand for the agents. Again, British methods throw the onus of financ article he would have to embark on facturers, according to importers ing upon the importer, and from a long, and intensive advertising here, seem loath to make slight him back to the banker. When campaign.
At the end of it the changes in design for the benet of trade is booming there is no com manufacturer, after the manner of this market. Bank-Notas aped Average amount Yea. 43,000,000 plaint. In times of depression, some manufacturers, might de A Japanese workanan averages JAPAN 1-Tokyo, Yokohama, Kobe. Draka. such as those at present, there is cide to change the agency. Thus, five or six inches shorter than a
Kag, Karenko, Besinng. PORTO,
Malong Manso, Bhinekiir, Taichu, Talaan, apt to be trouble. They banker if the manufacturer wants his pro- British workman. He cannot work
• Taka, Isvaal, Toon, Haito, Talia
begins to shut down on his doubt ducts well advertised in Japan be CHINA ----libangbai, Hankow, Amay, Fooshow,
fal risks. The result is that trade should do it himself, is atrophied and products which
Profitless Catalogues. might easily be gold with some
The agent xazy be allowed to slight measure of co-operation at
place the advertising, or to do so in home are never even ordered.
Far-Eastern bankers and import conjunction with some well-known era auggest that manufacturers advertising agency, but the money should arrange to hear some of the should come from. Home and the financial burdens incident to the investment should be that of the safe of their products abroad, Ad-manufacturer.
There is another important cons vertising is: point No. 3. Perhaps there are some lines which can be sideration in this connection.. Ma- sold without advertising, but there chinery and factory appliances can are not many.
It is a noteworthy not be sold without stocks, certainly fact that the only foreign com- not sold effectively. Ordering from panies doing big business in Japan catalogue or trying to sell from a NEW are those which advertise regularly catalogue picture la generally pro- and literally American prices fitless. Unless prkos are right are, as a rule, higher than those and the manufacturer is making a
Amsterdam, Yesterday. quoted on competing lines, and serious effort to push sales, the
The Bank of the Netherlands bas America is losing many of its mar agent finds it difkult to carry kets as a result, but advertising stocks, Stocks cost about 18 par revised a clause Ja its statutes re- garding the puchase of gold. It le creating consumer demand in cent, a year to carry,bedro others, and the public continues to In addition to thle outlay, the now lays down that as a rule buy and to buy heavily huporter always faces the danger the Bank will buy bullion in a
There
are many British lines that models will be out-moded and weight about twelve and a half which are never advertised simply that he will have to sell them at a kilogrammes, and with a fineness A manufacturer who really of 944 per 1,000, but may buy as because the agent cannot afford to lose. run the risk The manufacturer wanted to push export, sales would low as 899 if it be exelnaively that profits are make some arrangement to diminish, composed of the metal of most res
of this burden on his cently current coins Beuter To treats a the
THE BANK OF EAST ASIA, LTD.
Established 1918.
HEAD OFFICE: 10, Des Voeux Road, Central.
HONG KONG
Capital and Surplus.
over H. 8,000,000,00 OVER HL.$30,000,000.00, Total Resources, talent
Every description of Banking and Exchange business tränsacted:2
Current and Fixed Deposit Accounts in local and for- elgi, currencies opened for clients,
Savings Account" and Hafe Deposit Boxes. "Branches and Agencies all over, the world
KANTONG POW
DUTCH BANK
HONG KONG HEIGHTS
For the information of visitors
the following list of some of the Mainland is published: patibles et Island.
GOLD, RULE FOR PURCHASE OF highest points on the Island and
Feet.
Victoria Posk
1825
Signal Station t Mt Parker BH Mountain Lodge The Eyrie Peak Hotel Talkoo, Sanatorium
1774
1784
1725
1725
1805
1000
"Mt. Davis der
4377
Bowen Road (ffterbeda 297
Kowicon Peak
197)
Taimonhan
$128
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