1931-02-11 — Page 2

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HONG KONG AND SHANGHAI BANKING CORPORATION.

authorised Ospital

450,020,008

fared and Fully Paid up $20,000,000 Tassera Punda 1-

Sterling......0,500,000

Stiver........

.$9,500,001

Boners Liability of Propriston ... $30%, Personne HEAD OFFICE: LONG KONG

BOARD OF DIRECTORS |--

J. A. Plummer, Est- Chairman.

8. Mr. C. G. 8. Muchla, Deputy Chairma4.

W. H. Doll, Esq. Iton, Mr. S. 3. Pasarsa

L. B. Compon, Zag T. E. Paetom. Eng

1. Landar Lawi, Esq. T. II. B. Shaw, Zaŋ

J. Kikio. Esq.

ANOT

BANGKOK

BATAVIA DOMBAY

CALCUTTA

CANTON

STEFOO

TOLOMBO

DAIREN POOCHOW WAIPHONG

FAM HANKOW

HARRIN

ONGELW

ILUALO

JONORE

LQUE

KOWLOON

J. P. Warren, Mar

Chiat Manor.

V. M. Grayhusa, Eg.

BRANCHES---

KUALA LUMPUR

LONDON

LYONS.

SIALACCA

MANILA

MAR olors:

MUKDZE

NAGAHAKI

NEW YORK

PEIPING PENA NO BANDARIN

SALDON

SAN FRANC1407

RANGULAT

INGATORS

NOURABAYA

SUNORI PATANI

TIEN 1918

TOKYO

THINGTAD

YOKOHAMA

Cur Accousta opened in Local Carib="7 end and Deponite received for one swal of skirta perloda" in Local Currency and handing terms which will be guntad an applealtad ang Kang, lai Apell, 1984.

THAT

HONG KONG SAVINGS BANK.

The Conlan of stee above Bank 1 condit

BONG KOSH AND SHASOTAT

BANKIND CORPORATION. Bules to 54 sherad an application.

POR THE 10NOKONG AND SHASOHAT MANKING CORPORATION.

V. M. GRAYDORS,

ng Kongh Isly, Ives.

Chief Munger,

NEDERLANDSCHE HANDEL-

MAATSCHAPPIJ, N.V.

(NETHERLANDS TRADING SUCIET ›

BANKERS.

Zatablished 18H,

Hong Kong Ofm:-11, Queen'a Eload Central Authorised Ospital .................... Gulidaen 182,000,000.

Faid-Up Capital

Barve Fund

Eload

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA, Incorporated by Royal Charter, 1855.

HEAD OFFICE: LONDON.

Paid-up Capital

Reserve Fund

.£3,000,000 £4,000,000

Reserve Liability of Pro-

£3,000,000

Agencies and Branches:

ALOR STAB

KUALA LUMPUR

KUCHING

AMRITSAR

MADRAS

MANILA

Malay B

BANGKOK

BATAVIA COMALY

CALLUITA CANTON

CAWNPORE

CEBU

COLOMBO

DAIRES |Datny

Mouth Menchurial

DELHI

HAMBURG

MEDAN

NEW YORK

PERISA

PENANO

PESHAWAR -

BASGOON

MAIGON

THE CHINA MAIL.

Commerce and

Finance.

HOOVER LOSING GROUND.

WEDNESDAY, FEBRUARY 11, 1931.

HONG KONG MARKET PRODUCE.

The business depression is run- ning the normal course

of such phenomena and there is pathetical-Beet Sirloin ly little that the president can do to speed recovery. No more 15 being heard of the alleged new era in which the old economic laws were declared to be overcome, and Next in importance to the busi-and plainter living are being ac the old methods of harder work nesa depression and unemployment cepted everywhere as the only way

SEMARANO

HAIPHONG

BEREMBAN

SHANOMAT

HANKOW

BINUAPORE

HARDEN

BOURADAYA

(N. Maachurk

TAIPING (7.14.9)

ing

нима кана

TAVOY

ILOILO

From

KARACHIT

ILAND

Ronk

KOALA KANDBAK

[Fra FF.M.A.)

TIENTFIN

TOKYO

TONGKAH (Bhulai)

TRINITAO

YOKOHAMA

ZAMBUA NO A

Farm Board Policies Prove Failure.

out.

Stalemate for Two Years. Unfortunately for Mr. Hoover, there is an election in November at which all more than a third of the Senate Representatives and will be up for the people's decision.

in the United States is the chang- political situation in that

Sinco country.

the election of Harding in 1916 the American Government has been highly satis- factory to the big business in Philippias loade}

terests of the country, and there Foreign Exchange

General has been And

no freak legislation to Ranking business transacted.

a foregone conclusion year that the precarious Republican Current Accounts opened and Fix. injure business from that

down to the creation of the el Deposits received for 1 year or

in which case a stalemate will fol majority in the Senate will be lost, shorter periods at rates which will be quoted on application.

A. L. FERGUSON,

Manager Hong Kong. 8th January, 192).

THE HO HONG BARK, LTD.

(Established 1917.)

HEAD OFFICE:-SINGAPORE.

Federal Farm Board a few months

ago.

Mr. Hoover is now thoroughly aware of the fact that to be pre- sident in a time of business de pression is no bed of roses, Like every other president serving hle irst term, Mr. Hoover must keep his eye on the elections of 1932, and the prospect that greets him Hong Kong Branch: 13, Queen's Rd. C. when he looks in that direction is Authorised Capital Straits $20,000,000 anything but comforting to him Issued Capital

8,000,000 and his party. The most respon Paid-up Capitul ... 4,000,000 sible business reporting service Reserve Liabilities

America, after a survey of the of Shareholders.

4,000,000 2.523,000 situation in Washington and cla Surplus

Branched, Agencies and Correspon where, has this to say in its latest dents in the principal cities of the issue:- worki.

It 'seents

Steak Sirloia Sausaged

APPROXIMATE RETAIL PRICES.

中琥燒中说

Feb. 6, June, June,

1981. 1918. 1014.

Chicken Capons, Small Capons, Large

Duck

Poultry,

Eggs, Hen (cooking)..

Egzs. Han (fresh)

Fowls, Canton Fowls, Hainan Goena

Butcher Meat.

Cts. Ct. Cla.

lb.

30 24

Prime Cut

30 ZR

Corned

Boast

Breast

Dovea

23 20

Soup

Steak

80 24

per set 18

Tongue, fresh,.

ench

Tongue, corned

預

Head

- $1.00

Heart

Hump, Balt Foot

each

Kidneys

Tail

Liver

Tripe

Bullock's Braina

ฟ

low so far as any important legis-Calves' Head & Feat Cleveland was confronted by the Intion is concerned. President Mutton Chop same dieulty under remarkably similar conditions.

for

Mr.

Lex

Shoulder Saddle

戰

Pig's Chitlings

Brains

Feet

Fry

Head

Heart

Kidney's

Liver

די

him Pork Chap

While the President cannot blamed for the business depression which he inherited or the failure of the Government to find means of ending it, an issue lies at hand which affords the voters means of expressing their irritation. Hoover made strong appeals to the dry element in his election cam- paign, and they were almost to the point of unanimity. ile must now profoundly regret the Hoover's Position Unhappy.

pledges he gave the dry leaders as "There is now a general recoghe notes the wave of disgust with nition in political circles that the the whole idea of prohibition Hoover administration le politically which ja plainly sweeping the in a bad way. It is quite probable country, especially in the higher that the Democrats will gain seats ranks of society. in both House and Senate next AMERICAN EXPRESS COMPANY, autumn, and that, consequently.

Every description of Banking and Exchange business transacted.

TAN ENG HOOL

THE

INC.

Manager.

Head Ofce: 65, Broadway, New York.

(1,300,000.) Challders 80,033,000 (0,600,170) Quilder 40,035,000 (23,654,489)

Capital Surplus

AMUTERDAM.

Eaters Hood Oos-BATAVIA.

BRANCHES-Danjin, Bandung, Dombay

Recurves

Gande

U.S.$8,000.000 U.S.$1,672,454 .U.S.$1,909,200

BRANCHES:-

Amsterdam Antwary Athens

Nico

Blasgow

Naploe

Havana

Pirsu

Basta Berlin

Hamburg

HATTO

Franz

Harris

Interlake

J'sking

Sibolga

Bombay

Jurumiem

Lido

Elewersla

London

Busse Air1

Liverpool

Culra

Lucare

Calculia

Lugano

Calcutta, Cheribon. Djember, Djak Jakarta, The Hague”. Inddah, Koba, Kota Badja, Mainnar, Medan, Padarıy Priebung, Pekalongan, PRADE Proca, Bango, Botterdam",

Samarang sanghal,

(Bumatra). Gipsport, Burbe Boerakarta (Bali)," Tapai, Tyślajap and Walleradon.

• The offing have sale deposit boxes to lat. Lendon Dakara 1-National Prorisolal Bank Ltd.

Coupondents all over the world

Banking bales of very

description razaucted,

A. STOKKINK,

Acting Manager.

Hoast Book, tôi là dosul, 1980.

BANQUE DE L'INDO-CHINE.

HEAD OFFICE:

86, Boulevard Hausmann, Paris.

Subaerihed Capital Fra. 72,000,000.00 Pald-Up Capital...Fra. 68,400,000.00 Esserva Funds ....Frs.102,000,000.00

Bangkok

BRANCHES:

Hong Kong Qunhoa

Saigon Sbunghai

Battambang Huc

Cantho

Mongtze

Canton Bai Dinh Singapore Djibouti Neumen Thanhea Fort-Bayard l'apeste Tientsin Peking Tourany

PnomPenh Vinh Pondicherry Yunsanfu BANKERS:

Haiphong

Harlow Hanol

IN FRANCE: Comptoir National d'Escompte de Paris; Credit Lyonnala; Banque de Paris et des Pays-Bas Credit Industriel of 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: 3. P. Morgan & Co. French American Banking Cor- poration; Guaranty Trust Co. of New Yerk.

Interest allowed on Current Ac- counts and Fixed Deposits according to arrangements.-

Every description of Banking and Exchange Business transacted.

Safe Deposit Boxes to lot.

A. LECOT.

Hong Kong, 1st May, 1929.

Manager.

THE YOKOHAMA SPECIE BANK, LIMITED.

Established 1880.

Reservo Fund

Capital (fully paid-up) Yen 100,000,000 Yea 113,500,000 Head Oce:YOKOHAMA. Bronches and Agpacles at: Alexandria

Nagoya Nowchwang New York Oinka

Poking Rangoon Rio de Janeiro

Batavia Bombay

Buenos Aires

Temporarily closed).

Calcutta

Canton

Changeban

Dairen (Dalny)

Saigon

San Francisco

Fengtan (Madon) Seattle.

Bamburg

Hzúków

Harbin

Hong Kong

Honolulu: *Kai Yuen Karach!

Kobs, London

Los Angeles

Manila

Lynna PoweŽ

Naguald

Deci

Саломен Colombo Constantinopla

Edaburk Flomast

Duior

Marolles

House Curb

Kalla

Munich Mont

Palarmes Fottorisa How Nimrsboul Ebaugini Southamples Singapore

St. Mority

Tienlain

Vienna

Freibe

Zurich

Leg

Loin

Fat of Lard

Sheep's Head & Feet

Liver

Heart ... Kidneya

Sucking Pigs, to order Suet, Beaf

Tired of Prohibition. The nation-wide poll being con- fucted by the Literary Digest, Veal which is a weekly paper of large circulation among

the better educated classes, shows how strik- conservatism seems to her on the ingly the tide has turned. Twenty

Congress will not be under the control of the administration dur ing the final two years of the first Hoover administration. Political

wane."

million ballots have been sent out, and so far 2,000,340 returns havo been received. Of those voting,

Barbel Bream

<<$2$534EISOZBBELZITKYKABILSQUETAEJROBE*88*2

排後頭

牛羊仔仔

--$1.20

lb. 24 18

10 10

1b. 16 15

NANO IREASA | | | 9/27381819-998811

Pigeons, Cantoa

Hoihow

Turkeys, Cock

Turkeys, Hon

Snipa... Pheasant Quail Partridges

lb.

Feb. 6, June, Juno,

1031. 1018. 1914.

Cts. Ct. Cla

* each 40

per dos. 35

新鮮颗蛋

lb.

28 SHURA 18612889

山游析本海馬白海火火沖山楼

DRY

Bananas (bride's) 您山香氣

Caranıbola

Coconuta Lemmons, China

lb.

គឺ ឌ ៦ គឺ ឌ គឺ ៖ ត ត ឌត ឩ គ6 ៖ ឩ នន ៖

each 35

pair 2.50

each 35

ផន៖៧៨ | ឌ៩

ឌី៩ គឺ ដ ឌ ៖ ដ ឌ ឌ ៖ គឺ ឌន | Z | | | |

| | | { { { }

༄| ༄༅| ! བྷྲ ,

18 10

1b.

24 18

Set $1.20 $1.00 $1.00

Fruits.

16.

36 26

Almanda

lb. 85

Apples (California)

金山起熊

24.

-1

Per set 3

镨

7 cách 13

Our cách 13

60 + 16.

14 +1

16 "

14 10

—

www.d

112 3 3 3 8 8888887-89*9*98**@*** *28***

# - 3 lb.

· 4

Oranges (Canten)

Oranges

Pears (Canton)

Peanuts

Persimmotis, Large

新術設性

כן

28 16

each 15

Lemons (American)

15 10

Lichoes, Dried

Ib. 48

36 25

42 GO

per sot 80

each

12 8

15 12

45 26

Plentin

Pawełu, Szam

lb.

25 MA

4 lb.

BO 雞

Grapes

*#T

22 20

Vegetables, &c.

Mutton

Sausages

No. 1.

Fish.

. -

THE BANK OF CANTON, LTD. | 853,337 are for the enforcement of Canton Fresh Water KRAK

Established 1912.

Nend Office:-Hong Konz.

1,000,000

Authorized Capital (II.I, Currency) $11,000,0 Pald-Up Capit} . 1,363,800 Rear Fund

BRANCHER :- Centras, Phanghal, Finakow, Swałow. Hangkok, New York and a Frien

CORRESPONDENTA

LONDON BANKLES:-

Mas Lloyd's Bank, Limited

i prinsipel vittne of the World.

Previzní exotango and banking Surizase of

• description transated.

Jafe Deposit Bossa (various situa a pouty rental of Imm $5 to $10. Express

Genees

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

All classes of Commercial, Banking Transactions undertaken.

F'ersoul Investment

handled.

accounts

The Company offers to intending Travallers the use of its "Travelers Cheques" anil Letters of Credit and, In addition, the world-wide services of its thoroughly equipped, Travel De garment.

Afiliated with

THE CHASE NATIONAL BANK Resources ..Over G$2,500,000,000

E. W. DUGGAN,

LOOK POONG SHAN,

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

THE MERCANTILE BANK OF INDIA, LTD.

HEAD OFFICE:

ES. Omenchurch Streal, Lundon, 1.2.A. Authorised Capital.

£3,000,000 1,800,000 1,050,000

Subscribed Capital Paid-up Capital Reserve Fund and Rest 1,640,500 DANKERS:

The Bank of England & Midland Biok, Lid.

Bangkok

Ipoh

JBANCHIES:

New York

Muslim)

Datiria Dombar

Landy

Kar-

Pori Louls

Calcutta

Kota Bhar

Colombo

Kuala Kral

Dathl

Kunis Lipla

Kuala Lumpur

Gallo

Hong Kon

Howrah Manager.

THE BANK OF CHINA.

行限國中

Reorganized October 28, 1928, under special charter of The National Gov. erament au an

INTERNATIONAL EXCHANGE

BANK.

Subscribed Capital....$25,000,000,00 Paid-Up. Capital ..$24,710,200,00 Reserve Funds

..$ 8,820,6)3.82

HEAD OFFICE: BHANGHAL.

HONG KONG BRANCH: I, Queen's Road Central

Owing to our numerous branches in China and large connections to the important commercial centres of the

world, wo and able to extend to our clients special facilities for domestic and foreign banking and exchanges.

We also handle the issue of Bonds and other Public Funds of the Chin- esa Government both at home and abroad

SHQU 3. CHEN, Hong Kong, 5th March, 1930.

Manager.

Kinghal Alin: Kuanian (l'abang) Blogspare Madma

Houisbaya

HONG KONG BRANGU.

Every description of Banking and Exchange

per irataacted,

Travellers Cheques Larsed.

Trustee and Executorships ander- taken,

INTEREST allowed on Curteak Azoruata mod

pa application.

Fired Depalle at Rates that may be seertained

F. THOROUGOOD,

7. Queen's Road Contrat.

Hong Kong, 1013 April, 1000,

Manager,

THE BANK OF TAIWAN, LTD. (TAIWAN GINKO.)

the prohibition laws, 598,252 are in favour of modifying them to Carp permit the legal sale of wine and Catfah beer, while 848,761 are for the re- Codish peal of the 18th Amendment to the Crabs

Constitution, on which the whole Cattle Fist exploded experiment was based. Dab In other words, 1,447,000 out

of Dace 2,000,000 want to get rid of pro- Day Fisb hibition.

Eels, Conger

Embarrassed Republicans.

Fish

Frosh Water

Yollca

The difficulty of the Republican Party is that while their leaders Froge are no more personally dry than Garoups the Democrats, and are just as Gudgeon tired of prohibition as anyone else, Herringe they cannot throw overboard the alikut platform on which they have based Labrus their appeals to the country for ten Loach years without very serious losses. Lobatere These losses are sufficient to, and rockerel almost certainly will, result in onk Flab giving the Democrats control of the Mallat next Senate.

Oysters

Mr. Hoover's other great problem Perret Fish is the fact that in the pledge given Parch to provide relief for the farmera, Pike

and carried into legislation through Plaice

the creation of the Farm Board, Pomfret, White

the sympathy of great business Pomfret, Black interests throughout the country) Prawns

has been lost to the adminstration. Ray

Mr. Hoover may think of the Farm Rock Fish Board as "a noble experiment," Rosch which are the words he used in Salmon speaking of prohibition, but the Shark fact is that one experiment is Skate proving as disastrous as the other. Shrimpa An investigation of the Farm Snapper Bourd operations by the Standard Soles Statistics Co. is reported in these Teach words "Farm Board policies and Turbos

errors, especially on wheat and Turkles smail. Tr. wager

cotton, need not be reviewed here.

but it is perfectly evident that this

# B

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魚魚魚魚脚

ឃ. គ គឺ អ ន ដ គឺ អ៊ ឌ ៖ – 5 × ៩ ៥ វ ន ត 5 6 5 ≡ ែ 6 6 គី ៩ ឌ ៖ 84 ឌ ឌ ដ ឌ ៩ 8 × 2 6 ទ ន គ ឥទ្ធិ

129828282÷2288÷**********8*888÷ARNS-AW☎NSEG

ཚསྐ

***

16-

Artichokes Beate, Sproat

Lour

Dect Root Bitter Squash Brinjals, Green

Cabbage, Chinese ...

(Shanghai)

Celery, Chinesa

型生柿梅子

Curry Stuff, English.... RA÷A

Garlic

Horseradish, Shanghai

嫩生

竹类有西瓜瓜瓜染菜笋花花花笋染干椒椒科米染港菰萊行肝菜頭菜頭蔔菜摞

each 15 12

each

Ib.

Bookcal 1-8α-815----55.52868.255...B

AUTO-««****»◄ | | |

Red

Cane Shoots, bunch Cauliflower (Large).

* each 18

(Medium) (Smal!)

WIE

翻糖榮花

Carrots

lb.

***

Chillies, Dried

辣椒干

Red

Green

帥

Cucumber

Ginger, Young

Old

Indian Cern

Lettuce

Mushrooms, Fresh

Okroes

Onions, Bomlag

Greep

Shanghai

上海

Parsley

殍

Potato, Sweet

Japanese

日本製仔

American

金山粉仔

Pumpki

Radish .....

Shallots

Spinach

32.

Tematoce

Taros ....

1:06

Water Chestnuts ....

Mandarin. BE

Rhubarb (Fresh)

紅豆獅仔

干愨

Turnips, Punti (Long)

Water Crea>

Vegetable Marrow ........

Water Lily Root

3 15

refusing information,

Board has precipitated a greater municipalities, railroada and in-iar gap, several miles in extent, concerned HEAD OFFICE:-Taipeh, Formosa, economic mess than this country dustries to borrow at reasonable in the reef near Boksburg. Count but confirmation of the big find la

Incorporated by Special Imperial

Charter, 1899.

Central Bank ta Formos. Beak-Note und Average autounsin, 45,000,000 BRANCHLES AND AGENC1931 JAPAN:Tokyo, Yokohama, Kobe, Du FORMOSAD

Harenko,

Indon, New York, Jaran

Calvatia,

has seen since the war....

"There is something very close

for rates Amerlea a

The

U.S. TRADE DEPRESSION.

Omaha Stock Exchange Shuts Down.

In less thousands of pounds have been available from several competent improvements. revival in building spent in searching for this lost circles. to unanimity of opinion that cur-stimulates industries and trans-reef, but hitherto unsuccessfully. rent policies will fall.

Five weeks ago prospecting was question now fa, what will the portation as a whole more than in Hakong Nanto, Bhuchiles, Take, Talen

Board do next, searon about wheat any other way, and it may be taken being conducted underground at Tako, Tamen, Town, Halte, Talus,

and cotton?... Experience to

for granted that so far as the what was a rapidly dying' concern. CIA anghat, Harkow, Amoy, Foochow,

Bestow, Cacion OTHERS-Bag Kong. Angapore, Bowabaya, Board that it cannot get along used to help the bond market, this who

date has demonstrated to the FarmFederal Reserve system can be Accidentally one of the workers, had over-drilled, at two Semarang Belative Boy,

without expert advice of the will be done.

The danger at the thousand feet, located the reef, The London County Westminster and Par's Beak tradere. Statistics alone

LONDON BANKERS

ars in moment is that cheap money will which in width and high grade ore The Bank has Creeprodanie in all the principal sufficient. The commercial and be diverted to another speculative gave every characteristic of being Commercial Cezizes throughout the world.

human element must be given movement in the share markets identical with the main resf. E. NAQUBA

and thus nullify the benefits to greater consideration.... Manager.

is finding that national Industry that might other farmers are none too co-operative. wise be expected. In fact, its greatest difficulty theno days is with farmers rather than with private business men whose

HONG KONG BRANOH:

De Vaux Bond Oustral. Hong Kong, 19th January, 1829.

THE BANK OF EAST ASIA, LTD.

Established 1918.

HEAD OFFICE:-

10, Des Voeux Road, Central, HONG KONG

Semarang Shanghal

:: Shinionsaek

Capital and Surplus, Total Resources

Singapore

Воставкул

Sydney Tientsin

Tokyo

Tilnantu

Tsingtau

Vladivostocks.

(Temporarly closely

„Interest allowed or Current Ac counte.

Deposita recared for fixed periods

at retem to be obtained on appllen-

tion:

EL MOBI

Hong Kong 10th September," "1990..

over H$8,000,000.00

over $20,000,000.00

Every description of Banking and Exchange business transacted.

Current and Fixed Deposit Accounts in local 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

"The board

commercial toes have been stepped NEW GOLD REEF

upon. Farmer leaders are mora in- tdrested in getting or maintaining fobs for themselves than in pro-: moting sound marketing principles.

RAND

Omaha, Nebraska, Dec. 27. Further evidence of the extent of A New Reef.

the economie depression in the Intensive mining was immediate United States was given to-day ly carried out with increasingly when the Omaha Stock Exchange antisfactory results. On a neigh-closed its doors.

bouring property, similar bigh The officers of the local stock pressure operations have been commarket are liquidating the affairs ON menced resulting in the discovery of the exchange. They will discon of a thousand feet of excellent tinue trading in securities entire paying reef.

ly.

Farmers, as a class, neither under Biggest Discovery for stand nor appreciate the action

A Generation. which the Government has taken

for them in a paternalistic spirit."

Hope for Bond Market.

The implications are that what It was announced that because was hitherto believed to be the of unemployment and the prevall main reef in the East Rand area ing business depression there is la actually an entirely different little demand for stock purchases ore body, the actual reef running in Omaha. further south.

Recently the Stock Exchange Meanwhile, some miles to the here has been open for business southwest, another important find only once a week. And now it is has been made between the gap and suspending all activities perman-

Thus, between one thing and What is believed to be the most another, the great Amerlenn Reimportant gold discovery for a public has troubles of its own. generation, meaning a great exten- the rich Sub Nigel mine in the farently, The hope of auch capable men in sion of the life of the Rand gold south. Steps are now being taken Omáha is a city with a popula-> Washington as Mr. Andrew W. Gelds, was reliably reported last to follow up the new reef through tion of more than 200,000. It 1 Mellon, Secretary of the Treasury, mouth from the East Rand section the Boksburg gap in recordance an Important manufacturing and fa that a strong bond market may of the Geldan 6.

with the indications.

Be bulit up by a period of cheep Ever since the Rand was first money. This would enable States, discovered there has been a pecu⚫

farm products marketing centre as Hitherto, the greatest secrecy has well de an important railroad been maintained, the mining houses centre.

1931-02-11 — Page 2

Comments

Private Research Note