1931-03-06 — Page 2

BANK S

HONG KONG AND SHANGHAI BANKING CORPORATION.

Autherionl Unpltak............. 50,000,000 larued and Fully Paid-up, $29,000,000 Bears Funda!--

Sterling Silver

$19, KNJ

Recurve Biblity of Proprietors. $20,000,000

HEAD OFFICE: HONG KONG,

HEARD OF DIRECTORS:-

I. Sie. C. 11. 8. Machin,

Chairma

Hon. Mr. J. 4. Pasenon,

Deposty Chairman,

W. T. Eng. T. E. Peace, Esq.

A. IL, Comun, kaq. 4. A. Pommer, ling.

13. Lauder Lewin, Eq. T. R. R. Shaw, Eng.

ti. Makin se

J. P. Warren, Esq.

Chief Market

V. 3. Grayhan, S

BRANCHES :-

LONDON

AMIT

HANGROK

LYONS

BATAVIA

MALACCA

BOOM BAT VALUEITA

MANILA

MUAR (Juhure)

SITKOEK

NAGASAKI

CASION CHIEFOO ADLOMIKO ATEN

Foocitow MAHONO

HASKOW HARBIN HONGREW

IPON

JOHORE

KONI.

NOW LOON KUALA LUMPUR

KAW YORK

PENING

1.NANC RANDDOS

MATOS

SAN FRANCISCO

SHANGHAI

SINGAPORE

CURABAYA

SUNGE PATASI

TIENTSIK

TOKYO

TSI NUFTAQ YOKDILASIA

Comet Apants openud in Local Curtutes,

Fame pasity received, for one ye shult pertuls Local Currency and Stething wa tertin which will ka quisted on myglication, Bungah Pelenury, P251,

HONG KONG SAVINGS BANK.

The Hunt of the absore Bank le conduct- by HONG KONG AND SHANGHAI BANKING CORPORATION. Mules may ba vitalned on application.

FOR THE HONGKONG AND SHANGHAI BANKINO, CORPORATION.

V. M. ONAYLORN,

tiong Kong, 13th July, 1900,

Chicl Manager.

BANQUE DE L'INDO-CHINE.

HEAD OFFICE:

P6, Boulevard Haussmann, Paris.

Subscribed Capital, Frs. 72,000,000.00 Pald-Up Capital...Frs. GB,400,000.00 Beserve Funds ....Frs.102,000,000.00

BRANCHES:

Bangkok Hong Kong Quinbon Battambang Hue

Salgon

Canton

Thanber

Cantho Mongtze Shanghai Nam Dinh Singapore Djibouti Neumes Fort-Bayard Papeete Tientsin Haiphong Poking Touranc tłaskow Pnom-Pønh Vinh

Pondicherry Yunnanfu BANKERS:

Hanoi

IN FRANCE: Comptoir National d'Escompte de Paris; Credit Lyonnais; Banque de Paris et des Pays-Bas; Credit Industriol et Commercial: So ciete Generale.

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

IN NEW YORK J. P. Morgan & Co French American Banking Cor- peration; Guaranty Trust Co. of Now

York.

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

Every description of Banking and Exchange Business transacted.

Safe Deposit Boxca to let

A. LECOT,

THE YOKOHAMA SPECIE BANK,

LIMITED.

Established 1880.

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA. Incorporated by Royal Charter, 1863.

HEAD OFFICE: LONDON,

Paid-up Capital

THE CHINA

MAIL.

THE HO HONG BANK, LTD.

Established 1917.)

HEAD OFFICE:-SINGAPORE. Hong Kong Branch; 13. Queen's. Rd. C.

Commerce and

Finance.

USING THE FUNDS OF FINANCING

A BANK.

2,626,000 Encouraging Profitable

£3,000,000

Reserve Fund

£4,000,000

Reserve Liability of Pro-

prietors

Reserve Liabilities

£3,000,000

Agencies and Branches:

of Shareholders. Surplus

Authorised Capital Straits $20,000,000 Issued Capital....

8,000,000 Paid-up Capital

4,000,000

4,000,000

Ft

KUALA LUMPUR

KUCHING

MADEAN

MANILA

MEDAS

NEW YORK

ALOR STAR

ATHIESAD

BANO KOK BATAVIA HUARDAY CALCEATA

CANTOS

CAWNPORE GER

COLOMBO

DAIRER (Daing

Manebursal

PELNI HAIPHONG

HANKOW

BAMBIN

N. Mantries

MOSA KONO

TIMATE

НАПАСИЕ

KIANO

ASTE

KUALA KAROSAN

(Peru F.M.B.) Foreign

PERINO

PESANU

PESHAWAR NAMKION SARGEN

GEMARANG

SEMESIBAN

NANGHAI

SINGAPORE

BOURADAYA

TAIPING (P.3.5.)

TAYOY

TIESTSIN

TOKYO

TANORAH (kukat)

TRINGTAO

YOKOHAMA

ZAMBOANGA

(Pippina Islands)

General

Exchange and

Banking basmess transacted.

Current Accounts opened and Fix- eposits received for 1 year or which will shorter periods at rates be quoted on application.

A. H. FERGUSON,

Manager. Hong Kong, 8th January, 1929.

THE NATIONAL CITY BANK

OF NEW YORK.

HEAD OFFICE: 55, Wall Street, New York.

Capital, Surplus and

Undivided Profits..U.S.$224,584,208

Branches in

ARGENTINE LONDON

HELGIUM

BRAZIL

CHILE

CHIINA

COLOMBIA

CUBA

DOMINICAN

REPUBLIC

INDIA ITALY JAPAN

MEXICO

PANAMA

- PERU

PHILIPPINE

ISLANDS

PORTO RICO STRAITS

SETTLEMENTS URUGUAY VENEZUELA

Commercial and Travellers' Lotters

of Credit, Travellers' Cheques, Bills of Exchange and Cable Transfors Current accounta bought and sold.

and Savings Bank accounts opened and Fixed Deposits in Incal and for. at rates that eign currencies taken may be ascertained an application to the Hank.

Branches, Agencies and Correspon- dents in the principal cities of the world.

Every description of Banking and Exchange business transacted.

TAN ENG HOOL,

NEDERLANDSCHE HANDEL. MAATSCHAPPIJ, N.V.

(NETHERLANDS TRADING SOCIETT)

| p

DANKERS.

Enterprises.

IN THE UNITED STATES.

Big Reduction in New Issues During 1930.

to

In the course of a recent lecture New public financing In the on "Banking for Secretaries," de- United States during the year 1930, Manager.livered at the Incorporated Secre- excluding domestic and Canadian

amounted tarles Association, at Cordwainers' municipal issues, Hall, Cannon Street, London, Mr. | $5,045,149,000, according to a pre- W. F. Spalding said:

Himinary compilation by National As secretaries the total of a Statistical Service. This total com- bank's resources will always inter-parea with $6,262,900,000 in 1929 est you. I was looking at one when and $5,622,282.000 in 1928. I prepared this lecture, and apart from the balance of its profit and loss account, I found that the bank had first, nearly £13 millions for use in its business as capital. The amount the bank has to pay for the use of this sum is obviously the dividend paid away to shareholders, and that necessarily is contingent upon sufficient profit being made to justify the payment. The real funds with which the Bank of Good Faith carried on its operations were the current, deposit and other ac- counts, amounting in all to some £380,000,000,

Establieked 1824.

Bong Kong Uffe ;-1), Queen's Road Central. Authorised Capital ....... Cildera 150,000,

Put Up Capital Gulidera 20,080,000 (8,680,ITO) Base Fund Gullders 40,015.00

(22,144,624)

(£12,500,000.)

Iland Off-AMSTERDAM“ Eastera lead Geo-BATAVIA, DRANCHES:- Fadjammarin. Tandeng, Bombay Jakarta, The Hegus, dick, Kobe Ecia-Radja, Makasar, Medan, Pedane Falembers. Petalocgio, Pasang. Pontianak, Ilangor dan Bezatang", Bhanghai.

Calculia Charihon, Djurbar, Digh-

(Sumates), Singapore. foursbale Hoerakaria (Solo), Tagal, Tilalap and Hellorredes

- There offices have safa deposit bona sa lək, London Banhart:-National Provincial Bank Li4. Covespondente all over the world Banking buslas of every description trapaneledi

A. STOKEINE.

Artlog Kanngar.

Hong Kong, 19th - Augual, 1990.

THE BANK OF CHINA.

行銀 國中

Reorganised October 26, 1928, under special charter of The National Gov

ernment as an

INTERNATIONAL EXCHANGE

BANK.

Subscribed Capital ....$25,000,000.00 Pald-Up Capital ..$24,710,200,00 Reserve Funds

..$ 3,820,508,82

HEAD OFFICE: SHANGHAI

HONG KONG BRANCH:

4. Queen's Road Central.

Owing to our numerous branches We are also able to offer our Cus-in China and large connections in the tomers the services of the Branches important commercial centres of the world, we are able to extend to our of the International Banking Corpora clients special facilities for domestic tion in San Francisco and Spain and and foreign banking and exchanges. also of The National City Bank of

We also handle the issue of Bonds Now York (France), 3.A., in Paris

and other Public Funds of the Chin and Nice.

ese Government both at home and F. MED. COURTNEY,

abroad. Manager.

SHOU J. CHEN, Hong Kong, 20th February, 1931.

Hong Kong. 6th March, 1939.

THR

- AMERICAN EXPRESS COMPANY,

INC.

Head Office: 65, Broadway, New York.

Manager.

Hong Kong, 14 May. 1920.

Capital Surpius Reservos

.US $1,000.000 U.S.$1,672,454 .U.S.$1,908,200

BRANCHES :--

Amperdana Anoth

Go

Chur-

Kim Sunglas

Aid

Baci

Hasmus tamburg

PAIN L'uris

Detlla

{Farre

Fening

Biarrit

Bombay.

Bewa Bes

Buana Airsa

interlakes Jerusal.c Lido Lundon Ebrerpool Gricaz

l'alarma Fotterdam Fome Fazlul

Calcutta

Lugano

ORATI

1

Colsu be

Morailing

Monte Carla

Holla

Capital (fully paid-up) Yen 100,000,000 Ruserve Fund.......Yen 113,500,000

Head Office: YOKOHAMA, Branches and Agencies at:

Nagoya Newchwang

Alexandria

Entavia

Bombay

Buenos Aires

(Temporarily closed).

Calcutta Canton

Changchun

Dairen (Delay)

New York Draks

Peking Rangoon Rio de Janeiro Balgoa

San Francisco

Fengtien (Mukden) Beattle

Hamburg

Hankow

Harbin Hong Kong

Konolala

Kal Yuen Karachi Kobs London

Los Angeles

Lyons

Manila

Nagaanki

Semarang Shanghal Shimonoseki Вакарота Boarabaya Sydney Tientsin Tokyo Trinenfa Taingiau Viadivostock

(Temporarily closed) Interest allowed, or Current As- counts.

Deposits received for fixed periods at rates to be obtained on applies- tion.

H. MORL

Manager. Hong Kong, 10th September, 1980.

Copenhagen Edinburg Florence Fenera

Munich Montreux Alian

اعدام شهر

Kuttiampion

St. Melt

•Treatila Viegas Senica Jekotama Zuriah

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

All classes of Commercial Banking Transactions undertaken.

Personal handled

Investment accounts

The Company offers to intending

Manager.

An analysis of issue houses res ponsible for the largest total of business both as heads of syndicates

shows participants,

Harris or Forbes and Co. in a leading position with an aggregate of $1,504,738,- 000, the National City Co. ranking and with $1,279,388,000 second Halsey Stuart and Co., Inc., third with $1,155,025,000. J. P. Morgan and Co. occupy first place in a Bist of investment houses heading ayn- dlcates with a total for the year of $705,831,000, Harris Forbes and Co. ranking second with 3469,833,- 000, and Halsey Stuart and Co. third with $342,965,000.

Bond and note issues accounted for $4,445,018,000, or over 88 per cent. of the total financing during

The actual cost to the bank of this money is not high, since on the greater part no interest is paid, and it is probably well within the mark to say that the total interest pay- the year, while stock issues amount- able rarely exceeds from 1 to 11⁄2ed to only $800,181,000. Domestic per cent. per annum. Now, a bank public utility doca not hoard money; it only holds it until a sultable outlet for its use can be found. How great a part was utilised in the advances to the firms of which you are secretaries I found on the assets side of the balance sheet; the amount WAS around £213,000,000.

financing totalled $1,812,777,000, or more than 85 per cent. of total offerings, domestic: railway lasues ranking second with $719,662,000. Canadian corporate and other foreign issues amounted wero in to $1,058,036,000. There all during the year 745 new issues, compared with 1,623 during 1920.

Well, the deposits enabled the bank to grant these loans and ad- vances to you who are able and willing to expend them in produc- COMPANY DIVIDEND

A. S. WATSON & CO., LTD.

tive industry; that is to say, in a manner which I hope will bring back to the firms you represent- the producers--not only a aum greater than the amount originally

The profita for the twelve lent by the bank, but also enough over to pay you increased salaries months ended October 31, 1930, and to assist in the financial and amount to $124.660.37 which. to- commercial

gether with the carry forward of $64,625.33 from the previous year, leaves $189,285.76 available for ap-¦ propriation.

development of the country. This is one of the ways in which the banks encourage and maintala enterprises likely to be of a profitable character.

Extravagant Borrowers.

cents per share which

The Directors will recommend ai the forthcoming annual meet-i A bank's prosperity may be as-ing of shareholders that this sum sured in this way. Part of the de- be allocated as follow:-~~ posite may be employed in loans re- To pay a dividend of 75 quired through tho extravagance on the part of the borrowers, but such can only be a small proportion of the whole of the loans, as it is only through reproductive enterprises that the capital advanced by a banker can really he replaced.

Occasionally a loan is repaid by the borrower's selling securities and Canton, Changhai, sakow, Estow handing back of the proceeds suffi- Bangkok, New York and Baa Franciaco

CORNERPONDENTS

THE BANK OF CANTON, LTD. Established 1912.

Head Othee-Hong Kong.

Austinad Capital (B.E. Currency) $11,000,000 Paid-up Capital ......... Banates Pund ...........

DRANOBER-

LONDON BANERES :- The Lloyd's Beuk, Trelhed,

1,055.000 1,003,000

inil principal cibles of the World. Prign exchange and banking burlawn of stacy ésteclption Transacted.

Sala Deposit Ilmos (vazinga siasa) at a yearly veral of fee $5 to $40,

LOOK POONG SHAN,-"

Chief Manager.

Hong Kong, 14th May, 1980.

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

HEAD OFFICE:-Taipek, Formona. Incorporated by Special Impérial

Charter, 1999. .

Beak-Nolor woud Average amount Yen, 10,000,000

cient to liquidatę hio indebtedness; this is merely a transfer of capital from one to the other, but the funds that are not so transferred must be made through the industry, of the producer. Granted that the security is complete, there is only

one absolute rule as to loans if a bank desires to conduct its opera- tions on a safe and prudant basis-- the advance should not be of. fixed but of floating capital.

Nothing may seem simpler than such a business, but in practice no business requires closer attention, more skilful handling, or more Central Bank in Formosa

strong common sense in Its conduct. BRANCHES AND AGENCIES: JAPAN 1 --Tokyo, Yokohamım, Kobe, Osaka,

It is in this question that you' see Elur. the business of banking to its best Kach Bamako, PORMOSA -Oo,

Wakong Nasie, Ghinakku, Taiche, Talend advantage. Takao. Taingul, Town, Bello, Talto.

banker who has GHINA --banghal, Baskow, Amoy. Fosehow, charge of other people's money must

Swatow, Canto OTHERS-Hong Kong Singapore Bourabaya, have the ability to use it profitably.

Samarang. Batavia Bombay London, New York Delran

`LIYNDON BANKERŐ ·

Celocita

The London County Westminster and Parr's Bank

Travellers the use of its "Travelers Cheques" and Letters of Credit and, cordel Centres throughout the world. In addition, the world-wide services.

The Bank has Conmepoodenta lu all the principel

K. MAGURA.

of its thoroughly equipped Travel De-Hoxo LONG BRANCH: partment

Afiliated with

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

E. W. DUGGAN,

Manager,

THE BANK OF EAST ASIA, LTD.

Established 1918.

·HEAD OFFICE:

10, Des Voeux Hond, Central. HONG KONG

Capital and Surplus

Tatal ResourORS -

over H. 8,000,000,00

over $80,000,000,00

Every description of Banking and Exchangs business

traquactedy progra

Current and Fixed Deposit Accounts in local and for elga" currenclas opened forozilents. Vid

** Bavings Account and Safe Deposit Bazen,

Branches and Aganeles-all over the world

KANTONG PO,

Chief

3. Des Vaux Road Central.

Hong Kong. Th January, 1992.

Manager.

A

SEARCH FOR GOLD.

APPEAL FOR I.M.M. TO BE SUBSIDISED.

The following letter appeared in the Daily Mail: ||||||||||||||||||¶¶¶¶¶¶¶¶¶¶British Empire will appreciate Sir-Mining men throughout the Colonel Feilding's article on the

COASTWISE subject of gold production.

by

"ALGIE" BENNETT.

An interesting book. of Cartoons depicting "Happenings" on the China Const

PRICE $1.00.

Now on aula

BREWERS WHITEAWAY, LAIDLAW EXCELSIOR BOOK STY

and at the P

TH

will absorb /*********..$ 90,000,00 Write off Building Improve-

ments Write off Aerated Water Plant, Pipo Line and Dam Transfer to Chinese Staff

Superannuation Fund And carry forward to next

account

9,152.33

5,000.00

5,000.00

80,138.13

$139,285.70

U.S. OIL DEAL.

SHELL UNION AND STANDARD ACQUIRE UNIVERSAL.

The Shell Union Corporation and the Standard Oil Co. of California have combined in the purchase of the Universa! Oll Products Co,l which la controlled by the Armour estate, for $22,000,000. The com- Pany owns the Dubbs cracking pro-

cess.

FRIDAY, MARCH 6, 1931.

Overland China - Mail.

A WEEK'S PAPERS IN ONE.

The interest of the Colony during the week has been centred, of course, on the annual Race meeting at Happy Valley, which His Excellency the Governor and Lady Peel attended. On Saturday (the first day) dividends paid were very high, Gold Key in one race, paying $379 for a win! On Monday Mr. Y. S. Chang, the crack Shanghai jockey, won the Governor's Cup and the Garrison Cup in consecutive events. The Derby the classic race was won by King's Service, with Mr. Chang up. The Ladies' Purse was cap tured by Mr. L. P. Quincey on Apollo, which smashed Adam's record of last year. The Champions, in which only three panies participated, was won in a common canter by Diana Bay. A full report is contained in the OVERLAND CHINA MAIL.

*

*

The annual meeting of the Hong Kong and Shanghai Banking Corporation was held on February 28, a complete report of which appears in the OVERLAND CHINA MAIL. A review of the year's working of the Kowloon Resident's Association is detailed in the OVERLAND CHINA MAIL.

*

*

At the annual meeting of the Hong Kong Tramways, Lid., Mr. A. B. Stewart (Chairman) regretted to report substantial losses on the bus services operated both in Hong Kong and Kowloon. A full account is published in the OVERLAND CHINA MAIL.

*

*

An increased cost of subscriptions, fees and teas was noted at the annual meeting of the Ladies' Recreation Club, This is fully reported in the OVERLAND CHINA MAIL.

*

*

There was a happy gathering in the Supreme Court on February 25, when Mr. C. D. Melbourne, the popular retiring Registrar, was presented with a silver salver (inscribed with 61 names) by the Chief Justice (Mr. Justice John R. Wood) who paid great tribute to Mr. Melbourne's sterling character and ability. The newly-appointed Attorney-General (the Hon. Mr. C. G. Alabaster, K.C., O.B.E.) spoke on behalf of the Bar. A full account of the proceedings is reported in. the OVERLAND CHINA MAIL.

*

Current sports written by experts, are fully reported in the OVERLAND CHINA MAIL.

*

*

•

There is no phase of the life of the Colony or of China that does not receive attention in the OVERLAND CHINA MAIL the weekly paper that YOU MUST ORDER NOW.

Letters to relatives and friends in fiz, and Canada testify to the keen other parts of the world frequently pleasure and interest its weekly Jail to be written even by the most arrival brings. ardent correspondents. It is a

For your folks at Hamir to re- kindly thought, therefore, to ensure colve this weekly budget, or to keep. that those away from the Colony. yourself posted with affairs during or folks at Home, should have an your absence, all that you have to unfailing supply of Hong Kong do is to drop a note to the "Oper- and Chinese news every week-by land China Mfail" means of a subscription to the "Overland China Mail"

The word "Overland" is a 10. Without any trouble of packing production, it having been publish

minder of the experience behind the and worrying about the Post Office ed since the early daye of the on your part, and at the cost only Calony, to be sent OVERLAND of $4 for thres months,

because there was no Suez Canal, "Overland China Mail" will be and that was the quickest route sent Home for you every week. by which to get mail Home. In cateking the mail regularly. the march of time the Overland contains the Row and special Chinz Mail" has become the most features from the daily "China popular weekly news budget, as it Mail" that make a studied appeal has been compiled just to suit people with any interest present-day requirements, as it has wonatsoever in Hong Kong, and done all alsg. What more could many letters from Home, Austra-Dha desired!

to

the

READY NOW.

Mail via Suez closes at 10.30 a.m., to-morrow,

SINGLE COPY

25 Cents. [Bold on the streets and at the bookstalls or you can send your subscription to the office-HK. 313 per annum, or

$16 including postage abroad. Half-yearly

or quarterly periods pro rata.J

No. 3A, WYNDHAM STREET-PHONE 20022.

"THE OVERLAND CHINA MAIL.”

FOR SALE

FOR 1931.

The Shell Union Oil Corporation which is a member of the Royal Dutch-Shell group, 72 ber cent. of POSTAGE STAMPS CATALOGUES its common stock being held by the Royal Dutch Co., was incorporated

If Someone Left You

G $1,000,000..

Wouldn't that be nice. Invest- ed it means an income of G$50,000 a year. G$4,200 a month. We al ways work it out that way-those who aubalst on a modest

in February, 1922, as a holding company to consolidate the proper You want a Catalogue. ties of the Royal Dutch-Shell and Because it enables you to identify of us the Union Oil Co. of Delaware in your stamps, to recognise scarce monthly stipend. Then we go on the mid-Continent and California varieties, to gain a knowledge of to dream to vlauallee the fulfil fields. In 1924 the corporation dis stamp values, and to have a baclsment of our ambitions. posed of ita interests in the Union on which to buy, sell or exchange. Oil Co. of California "for approxi mately $30,000,000. It owns either terest in 16 companies engaged in Dealers in Postage Stamps and the entire stock or a substantial in the industry. Capitalisation con Philatelic Goods, Post Cards, wealth sists of $40,000,000 5% per cent Prayer Books, Garden Seeds, Toys, convertible preferred stock and

& Co 20,000,000 shares of common stock ofino pár value.

L

The Dabbe Process.

GRACA & CO.,

No. 10. Wyndham 'Street.

Yet, how many people have sud- denly acquired tremendous wealth,

get no happiness out of their only to find it an empty bauble. There are multi-millionaires who

health.

because of Indifferent

Health is our greatest wealth and the finest Investment: we can make is to, pay a little attention to the needs of our bodies. Every one should take an occasional laxa- tive, for nothing tones up the in- ternal organs like a" thorough

Members of the Institution of Mining and Metallurgy, London. In |clude many renowned explorers and planeers who know how vital to our prosperity is more and more gold.

In my humble opinion this in- The Universal Oil Froducts Co. stitution should be subsidised by all is a private corporation, and no de dard Oil Company of California British banks with the object of tails are available in either British the Anglo-Persian Oll Co. the alding approved prospectors for or American reference books as to Burmah Oil Co., the Stsena Romana gold in all British territories known capital. It possesses branches in Co. of Bucharest, Trinidad Lease cleaning. For this purposo Pin- to be auriferous, the reciprocal ser- New York, Los Angeles and are holds, together with operators in kettes, the dainty little Liver and vice to be collated data of a depend-presentative in London. The Lon able character officially confirmed by don representative from, whom in the local governmental authorities. quiries were made, stated that ho Under Chin' scheme many public had no knowledge of the reported school boys seeking healthy employ- | deal.. ment might beneft by joining ap- The Dubbs process watch the same amount of residuum pro- elimination that occurs to same proved prospectors with participa- being exploited by the Universal duced, the yield of pressure dia degree in everybody, Plnkeltes tion in any success achieved011 Products Co, is specially de- tillate Is considerably increased prevent constipation as well a

DANIEL "GROVE,

signed to deal with fuel oll, and by the flashing method of opera-relieve it whilst for biliousness, sick headacher and fiverishness DOUGLAS Monaco fa laigely used by ofl companies tion, Gas, coke and loss in refin ** General Manager, throughout the world: The Royal ing combined do na amount to they are rapidly effective. Al

The chemists can supply you with Pla- N.SW, Minerals Sch, Dutch-Shall group is one of the more than 8 to 9 per cent.

Palace Mansions and largest licensees and among other operating time and the capacity of kettes Liver and Laxative Per-

fection. Hotel De Vera Gardana, W-8

tisers may be mentioned the Stars the plant are greatly increased.

France, Belgium, Italy, Mexico and Laxative Regulators are ideal. Argentina, Plakettes gently yet thoroughly The Universal Oil Products Co disperse the accumulation of has introduced a new method of stagnant waste matter, the result. Incomplete intestinal operation called "flashing" "For of the