1932-02-29 — Page 2

China Mail 德臣西報 中國郵報 All

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION.

Authorised Chital

---- $60,000,000

Imo Pully Paid-up. $3,000,300 Gavere Funda

Berlings

Tuver

8,300,000 1,000,000

Becerra Lisbility of Proprietors. $30,000,000

wwwww

WALD OPPICH: HONG KONG,

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

THE

CHINA

MAIL.

THE HO HONG BANK, LTD.

(Established 1917.)

HEAD OFFICE:--SINGAPORE. Hong Kong Branch: [3, Queen's Rd. C

Authorised Capital Stralis $20,000,000 1azued Capital .... Paid-up Capital

8,000,000 4,000,000

4,000.00!

2,687,000

Incorporated by Royal Charter, 1888. Razerve Liabilities

of Shareholders Surplus

Branches, Agencies and Correspon „£8,000,000 i donts in the principal cities of the .....24,000,000 world.

Pro-

.£3,000,000

HEAD OFFICE: LONDON. ·

Paid-up Capital

Reserve Fund

Reserve Liability of

prietors

ALUR ALL

AXELETHAG

J. A. Plummer. Res.

BOARD OF DIRECTURA |—

Han, Mr. 1. J. Pereng.

*. H. Ball, Esq.

Chairutin.

Terme. Eaq.

Deputy Chairman.

A. Compton, Esq.

T. B. B. Shaw, Bac.

Hon, Mr. O., 8. Markie. J. P. Warted, Ro4.

8. Miskin, Z.

ANOT

DANGKOR

BATAVIA

BOMBAY

V. M. Granbury. Esq.

Chief HangRE.

DRANCIES:-

LONDON

LYONA

MALACCA

Agencies and Branches:

HANGKOK

DATANIA

BOMBAY

CALCUTTA

CANTON

CAWSWIRE

CENU

COLOMBO DAIREN

DELAT

HAIPHONG

20% MIRRO

STANROW

HARBIN

CALOUTTA

SLANIZA

SEITA! (Job MURDION

root

KARACHI

KLANG

RONA

CANTON

CHEFOO

NEW YORK

PEIPING

PENANO

COLOREBO

DAIREN FOOCHOW BAIPHONO

BANBURU

DARBIN

HOBOKEW

HANDON

SAIGON

MAN FRANCISCO

SHANGHAI

HANKOW

K

InHube

KORR

ROWLOON

XUALA LUMPUR

SINGAPORE.

Art PATANI

TIPATSUN

NIKYA

THIN A YOKOHAMA

Comeat Argunte opened in Ion Coreaney and Pized Deprmite ceived for une year or shorter period in local Currary and Sterling a sarms which will be quoted on application. Hong Kong, 17th February, 1932,

HONG KONG SAVINGS BANK.

The Busines of the abres Bank la condusted by the UONG KONG AND SHANGHAI SANE, 14G CORPORATION. Bu's may be obtained on application.

FOR THE HONGKONG AND SHANGHAI HANKING CORPORATION.

V. M. ORATBURN,

Chief Kaciget. Hong Kong, tha Rohruary: 1932.

THE BANK OF CANTON, LTD.

Established 1912.

KUCHING

MÁDBAB

MANILA

MELAN

NEW YORK

PEPINO (Poking)

PENANG

BANGOON

NAKON

BEMARANO SERKAMAN BRANDFAI SINOPONG SETIAWAN SOURARAYA

Every description of Banking and Exchange business transacted.

TAN ENG HOOL

Manager

THE NATIONAL CITY BANK OF NEW YORK.

HEAD OFFICE: 15, Wall Street, NEW YORK.

Capital, Surplus and

Undivided Profits.U.S.$220,037.392

PERU

PHILIPPINE

ISLANDS

PORTO

HOND KONO

TAIPING

Branches In

TILO

TIENTSIE

TOKYO

ARGENTINE

LONDON

TONGKAR (huket)

BELGIUM

MEXICO

TSENTAD

BRAZIL

PANAMA

TORDHAMA

CHILE

KOLA BANDAR

ZAMBOANCIA

KUALA LUMPUR

CHINA

Foreign Exchange

and

General

COLOMBIA CUBA

PORTO RICO

Banking business transacted.

DOMINICAN

STRAITS

REPUBLIC

INDIA ITALY JAPAN

URUGUAY

VENEZUELA

Head Office: Hong Kong. Authoriand, Capital (11.8. Currenty) ...||1,000,000 Fuldlip Capital 090 Eserve Pend,000,000

Qant

DRANOHES 1-

Stanghal flank, Eweizer, Tangbok. Now York ad Bac Pesanco.

LONDON BANKERS :—

The Lloyd's Bank, Livalled. CORRESPONDENTS

In all principal olilen of ika World.

Foreign Exchange and beaking born of

ription, transacted."

Bale Deposit Dosan (parlons sénse), al à pruty

rental of trim Bồ to B40.

LOOK POONG SHAN,

Chief Manager.

Current Accounts spened and Fix-

ed Deposits received for one year or shorter periods at rates which will be quoted on application.

J. STUART,

Manager.

Hong Kong, August 17, 1931.

NEDERLANDSCHE HANDEL. MAATSCHAPPIJ, N.V.

{NETHERLANDS TRADING SOCIETY)

BANKENA

Patzbil-bed 1894.

Hong Koce O-11, Queen's Bout Central.

Authorised Capite! Guildwes 15%,700, 306- Pak-Up Capital Guildare 90,280, 306. Beserve Fund. Guildnes

40,010,706

load :—AMSTERDAM", Eastern Bead Qfon:--BAT & VIA.

Лаебовала, Branche:-Blandartsaada,

Dombey Catculte, Cheribon, Djambar, Dok Jakarta, The lingus", "Jiddaḥ, Kõbu, Maker, Medan, Palembang, Pako Songan, Yanang, Raagoon, Ricarda:@", Semarang", Blucztal, Starsporo, Boerw beln, Bowena (Solo), Tapůl, Tišatjup and Weltevreden".

• These offires baru Suía Daposit Doses to Let.

LONDON BANKENS

NATIONAL PROVINCIAL BANE LTD.

Correspondents all over the world. Basking Bus ama of every description transmeted.

A. STOKKINE.

Hong Kong, 1st December, 1901.

THE

Manigor

AMERICAN EXPRESS COMPANY. INC.

THE BANK OF CHINA.

行銀國中

Head Office—65, Broadway, New York.

Reorganised October 28, 1928, ander

Capital

.U.S.$6,000,000

special charter of The National Gor-

Surplus

.U.3.$1,572,454

crumont as an

Reserves

.U.S.$1,908,209

INTERNATIONAL EXCHANGE

BANK.

BRANCHES :---

Subscribed Capital

.....$25,000,000.00

Paid-Up Capital

.$24,710,200.00

Grags Olgɔ

Niew

Naples Pirms Paris

Panang

Reserve Funds

.$ 3,820,503.82

HEAD OFFICE: SHANGHAI,

HONG KONG BRANCH:

4, Queen's Road Central.

Owing to our numerous branches in China and largo connections in the Important commercial centres of the world, we are able to extend to Our cliente special facilities for domestic and foreign banking and exchanges.

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, 6th March, 1932.

THE YOKOHAMA SPECIE BANK, LIMITED.

Established 1880.

Amaterdam

Antwerp Athoge

Beala

Berlin

Bowley

Branson

Beussala

Buenos Aires

Harpa Hamburg Harry Interlaken Inpunainen Lido lalen Liverpool Luceme

lune

Cairo C'outle Onder

Litor Cntorsba

Mures Constantinopla inte Carlo

Copenhagen Painburgh

isandin Munich Montreer Milan

Flareo

Paking Palorar Totlesta Boton

abou

What ghai Southampton klampor 1. M

Vestein

Vionne

Vonics

Yokohama Zurich

Branches of American Express Com- pany in Principal cities of United States of America and Canada,

All classes of Commercial Banking Transactions undertaken.

Fersonal handled

investment

Recounts

The Company offers to Intending Travellers the use of its "Travellers Chequee" and Letters of Credit and in addition, the world-wide sorvices

of ita thoroughly equipped Travel

Capital (fully paid-up) Yen 100,000,000 Department. Rezerve Fund

Yen 118,200,000

Head Offer:-YOKOHAMA.

Branchoe and Agencies at:

Alexandria

Batavia

Börlin *Bombay

Calcutta

Caston

Nagasaki Nagoya Newchwang

New York Osaka Parla

Polping

Dairen (Dalny) Rangoon Foustion (Mukden) Rio de Janeiro

Hamburg Hankow Harbin

Hous

Kong

Honolulu

Rabe London

“Los Angeles

Manila

*

San

Franciaco

Seattle Semarang. Shanghai Bhimonoseki Singapore Boerabaya Sydney Tientala

Tokyo

Tsingtau

Interest allowed on Current As-

Deposite reseived for fixed periods

at rates to be obtained on application.

1331

E. W. DUGGAN,

Manager.

THE BANK

of

and

Commerce

Finance

MANCHESTER WEEKLY MARKET REPORT

January 27, 1932.

MONDAY, FEBRUARY 29, 1932.

HONG KONG STOCK EXCHANGE

Opening Daily Official Quotations, Feb, 29, 1932. NEXT SETTLEMENT DAY, TUESDAY, MARCH 23, 1932,

STOCK

Bug-811

Hales Nom. Fiz

emi

1111

you?

Last dividend and when paid

20

Banka.

Hong Kong Bank

(Lon. Reg.). Chartered Bank £

*

"

X. Div. 1300 Drost 183-841-743 Cuin

ranking 46 for taki [12] I'm Int. - xuh, in IƒTax no 19

Fah 9.12

Foo 91, 9.

C.

18 TI

Dee↑ Int. 7% nặc 1971 loss UTA....

Sep. 8. X

TIR

1978 The

Car 14.07.

-

Feb. 28, 3-

und printing cloths but only a few Marsatile B., A&B. Messrs. James F. Hutton & Co., doing a little more in staples and Bank of Asia........

are acceptable. West Africa is

South America has bought some of) -

Ltd., say:-

гадеев

The position in raw cotton values the standard poplin and dress cloths. throughout the past week has ab vn the Continent has done only a to Ins hatte alteration and their present small and miscellaneous business al-) Union Las. levels have remained practically un- though the Colonies have put for China Underwriters...$ altered during the last fow days. word a steady demand for plain

Very little improvement has been goods. The Home trade houses China Fire Ins........ shown in regard to actual business, have done a fair trade in furnishing) H. K. Fire las, ......$

and speciality but enquiry is still on a fair scale fabrics, casaments,

Shipping. and shows signs of developing. The styles.

Situation Saved.

*

(Del.)...$

Minlog.

Bergucts ...........................$. Kailan Mining Ad. a Langkæts (Single) ...Th. S'ha Exploration...It.

201

1950 1

407)

;: ;

1

Spar

20 Mar 19, 3

Max 99, 11

Mny 89, 33

4.62) Dee

[Pin, Bebon, $10 for 19gy

interis 82 189).

Plant v tor be

Floterdes 247 air

(1hta! 89 bones 00:

4

and $11 for 15299

Interie 8 a 1995

¡ and bon

• asking $60 for 1939.

Mar. 30.8

100

E

1940

་བྲཱ༦༡ཡྻོཏྟཱ

проро

sex stiv Primed for tea......

1- for £9) Nous for 109..

un pinfuerit.

for 194 195

1 Briland for 1994. ..............

In the Compen No. 18 fer Tax afe 150 ........

$2 for 195

******

T

Mar. 4.H

Jan 19, J.

July 6, 11

Mar. 81, 9:

trex C'poor

++

Dec. 14, 91 Thank, 8.

T., for fear al-to-

1}}}

LT,8

14

Losas ........Tis.

210 19

Kaubs

venezuela Gold Frida ə

Docks, Wharves,

199 MA Best Int.C TORY BUR

...

Census Bureau report on the cotton, india five and a-half per cent, stock Douglases nó........ ginned up to January 16 was about is, therefore, in the highest degree H. K. Steamboats ($ us expected, the total being 15,992,- gratifying. While by no means Indo-China (Pref.) ...$ 000 bales compared with 13,594,388 unexpected--such an eventuality has bales in the corresponding period been more than ence foreshadowed shell Bearer.

The

Times-the Financial of last season. It is reported, how in

Union Waterboat ...$ over, that wet weather in many sec- achlevement is not the less notable SETTLEMENTS tions of the cotton belt and floods on that account. It is true that in parts of the Mississippi Valley this eminently satisfactory state of have retarded picking and it may be affairs is largely due to the suspen- Commercial and Travellers' Latters that much cotton still in the fields sion of the gold standard in this of Credits, Travellers' Cheques, Bis will be left unpicked. There is a country and in India.

Exchange and Cable Transfers

general opinion existent amongi bought and sold. Current accounta

At the end of September the out- and Savings Bank accounts opened market experts that prices will tend and Fixed Deposits in local and for-to harden in the near future, and look was

very different. The taken at rates that if supported by the outside com- premium on eign currencies

gold, by inducing a may be

be ascertained or application to modity markets a more bullish at-, heavy outflow of the metal from the Bank.

be experienced. All India, saved the situation, and en-1 We are also able to offor our Costitude will tomers the services of the Branches the large centres have contributed to abled the Secretary of State to aC- 11. K. & K., Whana..j of the International Banking Cor the general turnover, India has cumulate funds in London consider-¦ H. K. & w. Dock...$ poration in San Francisco and Spain shown considerably more interest ably in excess of the amount requir-south Ch. Motors (A) and also of The National City Bank

the lighter cloths.fed to meet the maturity of the five of New York (France), S.A., in Faris especially in

China Providenu (ult) » Cakuttu has taken small lots of and a-half per and Nice.

cont, stock. The

(W) F. M¢D. COURTNEY, light bleaching styles and dhooties, reaction of the repayment on India's

Hoogkew.......... Tla. whilat Madras and Karachi are still credit will be watched with interest. N. Engieening ...Th. Hong Kong, June 16, 1931.

buying mulis and jacconets in We have no doubt that it will be re-shangtis Ducks.Th. moderute quantities. Bombay received alike in India and in Britain, mains very quiet owing to the not merely ав 2 substantial

(TAIWAN GINKO.)

Manager

HEAD OFFICE: Taipeh, Formosa.

Incorporated by Special Imperial Charter, 1880.

Godowas, &c.

(****)$

Lands, Hotels & Buildings.

THE BANK OF TAIWAN, LTD. political unrest and the up country justification for the confidence of H.K. & S. His. (d) is

outlets have only offered for odd the investing public in Indin securi-

(Dew}$ It will force further into the H.K. Lands........... lots of dyed and printed s. ties. China has been quieter owing to background the contingent respon- Shanghai Lande ...Th. the beginning of their New Year! ability resting upon this country. Humphrys

..... (old)s holidays. There has been further It will serve as a definite Indication trade in bleached goods for Java to British capital that it can go for- H. K. Realides ......$ Bank Notes La Average amount. Yen. 48,000.00 and some whites and fancles are in ward with its task of developing the Chinese Estates....$

request for Singapore. Egypt is resources of the Indian Empire un- again making bida for bleachers troubled by fears for the future.

Central Bank la Fortson.

BRANCHES AND ADENCIES:

JAPAN-Toytu, Tokohama, Kobe, Osaka, FORMOSA :ic Kagi, Karako, Kelupe. Makong, Nasta. Buohike, Talohu, Talasů. Takao, Tatamui, Toon, Teilo, Tato. CHINA Langhal, Hankow, imoy, Foochow

Swalow, Canion. OTEBRN-Hour Eleg, Singapore, Boersbara, Semarang, Batavia, Bombay, London, New York, Dairen,

LONDON BANKEDA:

Deroleys Baut, Lad., Lloyds Bank, Ltd., Midland Back, Lid., Westminster Bank, Ind.

The Bank bas Correspondents in all the principal Commercial Crates throughout the world.

K. HAGURA,

TONG KONO BRANCH:

8. Den Vaux flood Central liong Kong, Devetalar 24, 1991,

FOR SALE.

Hanager.

Stanley Gibbon's Postage Stamps

Catalogues

for 1932

Whole World British Empire Foreign Countries

$12.00 ..$ 5.25

$8.00

GRACA & CO.

Dealera in Postage Stamps, Garden Seeds, Picture Books, Toya, etc., etc. No. 10, WYNDHAM STREET, O. Box No, 620. HONG KONG.

REASONABLE

PRICES

Job Printing

THE NEWSPAPER ENTERPRISE LYD, ENTER OLEIL BLOG, A BA BYRDNÁM 17.

OF EAST ASIA, LTD.

Established 1918. HEAD OFFICE:

10, Des Voeux Road, Central. HONG KONG

Capital and Spins Tatal Resources

over H. 8,000,000.00, over H.$30,000,000.00 Every description of Banking and Exchange basiress transacted.

Current and Fixed Depost Accountă în locil; and fo6 eign currencies opened for client

Savings Account' and Safe Deposit Boxes, Brancher and Agencied all over, the world.

KAN TONG PO

Chist

INDIA'S CREDIT. Anxieties of Investors in

Loans.

12

(new)

... 11

13

Cotton Milla,

Ewo Cottoos......Ti

corrosive for protection of metal); Shanghai Cotton...Th. and Phenolene (for cold, hay-fever, Zong Sings....... etc.) (Agent or distributor). Au- tomobile accessories, pulleya and Public Utilitinu. flexible couplings, scroll saw supplies, miniature autos, plumbing Peak Trams (old)

H. K. Tramway $1201

(new) ...$ (Representastar Ferries!

Yaurad Perries

and

Or at the American Trade Com- China Light (old)...

10.00

**

(new)

8.6)

"

Investors in India sterling loana supplies, crucifix and candlestick bave experienced more than their sets, and golf clubs. fair share of the anxieties insepar- tion). able from the times. Like most| other primary producing countries, misaloner for:

Batterles and Accessories (Dis. H. K. Electrica...... India has been hard hit by the world

(Dia- Macao depression and the accompanying tributor), Hair Treatment

Sandakan Light....5 slump in commodity prices (saya tributor) Radio Tubes (Distribu- H.K. Ter, fully paid

On thetor), Radio Mercury Tubes (Dis- the Financial Times).

pert paid $ Crayons (Agency), China Buses.........The. other hand, intrinsically, her post-tributor),

Supplies (Distributor), S'poreTractions(Ord=}{· tion has always been more favour- Dental

of most borrowers, Barber Shop Supplies (Purchasers), able than that

Automotive Accessories (Purchas- for her finances have been con-

Game Birds (Sellers), ducted on sound and prudent lines.ers),

Asbestos Cement (Distributor), Calds Macg. Ord... Tie, Although during the past two years) the disturbance of the normal flow Pipes and

Fittings

(Agency),

EXCHANGES.

of remittance to this country has Structural Steel (Purchasers). necessitated recourse to the London! market on a heavy scale, the bulk of the debt is still represented by reproductive assets which actually earn their keep. But for political! agitation, which undermined con.

TO-DAY'S QUOTATIONS.

On London-

1/5 %

fidence in her securities, India's Bank, wire .... credit, which five years ago ranked Bank, on demand... 1/5 8/16 practically on a plane with that of Bank, 4 months' sight 1/5 5/16

4 months' Great Britain itself, would stand as Credits, high to-day as it ever has done. sight

1/0 % Documentary, 4 Maturing Obligations,

months' sight..... 1/6

Un Paris-

At the same time, when world conditions are so unsettled and the exchequer of every Government isOn demand

so seriously depleted by the un- precedented fall in prices the pro-.

blem of maturing obligations ac-

******

630

4 months" aight...

635

On Berlin-m

Nom.

On New York-

244

quires an entirely new complexion. On demand The announcement of the ability of

the Government of India to repay On demand

in cash, without recourse to fresh Credits,. 60 days' sight 26

On Bombay- borrowing, the whole of the balance

Wire... On demand....

of £11,213,428 outstanding of the

BUSINESS CONNECTIONS,

The following requests for con- On Singspare- noctions, distributors; etc., in Hong on demand ...... Kong have been received from Đến Montin American firma. Further Informa-On demand tion concerning them may be obtain

942

94%

„On Calcutta- Wire. On demand

9414

944

614

494

$78

4% pram.

(Bank's

On Shanghal- ed at the American Consulate On demand General for:

Dollar Dry Abalone, Shark Fins and On Yokoham~~~ Fish Rod (Purchasera), Lubricating On demand On (Sales Agent or Distributor),vereign. China Bristle (Sellers), Mermaid buying rate) Marina Freserver (anti-fouling for silver. (per on. wood Aid": "staël boata); Protos Har Silver In Ho Ineta (préparation to protect, í Kó Canys) Termiteol, Proterwood and Cop Harpolige (wood ↑ preservers); Ter- Cop

LEBÖGI-122) | (KAinál? spray); Pink Mifarelor Natwe Ins Tar Oil (for protection of like Prot stock); Dermiteol (care for Chinese Sub. Cóin

Cash

-1/8 %

19%

**

***

*

(Prei. 14-

Industrials. Malabon Sugar...........§|

Pref.... a.

Canton Ices Cement (com.) 16.86

*

(ald)......$ (ICW)

H. K. Ropes an

China Agriculture..............$

Storias, &c.

Dairy Fartn

Watna

Der A Wings Ş Lase Crawfords (old).........$ (new)$

Mackintosha.............

Sinceres Wm. Powells

Miscellaneous.

H.K. Amusement ...3 C. Entertainments (OldЯ (New)$

5. C. Enterprises ...$] Maczo "Greybouda" $ Contactions (Old) ...$ (New)....$

maklen 1, amat teve su

Ma &

Fah M

Pending

turnal for t

Pending

L

22%

(183)

10

14.00

15 CNG onl

12.00

(2x1

TANE

Inter T. 1931

101

[Apr.] T. Aboeviot 2k45)

July 29, $1

1) control for h

April 8, 91

181

"Ar 4.

118.40.

Dec. 14.(oli) •ate. (now) for tua

Pending

Thea. Pulmaking 34 für 1941

Feb, 18, 89

100

July 80, 81

Fch. 99,83 Pending

བྲཱཤྩཚོ;;

Imo. Interim T. 1,30 afe 195.....

$1.2 un old

real on Daw for 1991

ein, 3-eta. mak, 6 sla, for 1251

Feb. Interio #3 hic year :DJ 80, 19

14}

Deo. T.0.0 for 1980.

[Apr.j

Mir. th. 57

leu, -d!

Jann T. 0-80 for gens 6-22 wee

Oct. 2, 81

and T. 25 for half year 11-10-31 Del

100

... 15.80

Apr.

Kanni diete,sking $t for sun 150 eta, on hi for your

Now 304A...

Frb. 37,59

June 15, 81

1pc. $5 for 109]

Feb. 11,88

Tea. $1,64 (81 1930

Jane 98.1

Dec. 81, 83

Pending

ཊྛིཀྑུ ཨུབྷོ་ཏྟསབྷཏྟཎྜཎྜཱ དྷ-,。 བྷུཎྜཙྰ... ...pཡྻོ

Septet for 3007-8-21 TAN

• But for Sal

•Deo.

[

June None

--MITIT

Dec. Pins1% making 8% fat 131

Dac. .000 for 1929.si - (1/6) on preference sharea El Muhjort ur thesave tax...

Pending Fot. 10, 80

Feb. 6, 51

Mer, 4, 0.

Max. 21,03

Copt.

Doa

fro

Per Jɔ?U,

for w

July

16.80

(31 cent on all for

Deo, en la 1939 2009

..

Mar. 18. Di

600

10

Mar. 97, 31

J

lete for your 51-7-21

15cer for 163.

Oct. 9, 3)

81.78 for tas

Pending

1+

Ot 75 cents for you $+} .....

Mor, 16, 31

A

Fehlkidend for geartwyt

13

| Foh. ⠀ # ter pony I?ll well

8.80 | Fab, j Brents on paar Wome

Apr. 80, 81

June 17,81

Mar. $2.50 Tar yeta si-871

Sept 30, 2

101

*** 1

L

... 18

710

B. Ind. G. Bonds ...$ H.K. Govt. 1/ Prem

ALEXANDER

INSTITUT DE BEAUTE Phone-25169,

Fedder Building - (1st Floor) Opposite Entrance to Hong Kong Hotel

Lastrous Oil Permanent: Hair WaveR which are Largs. Soft and Natural Artistic Plazer, and Marcel Wavers Oil Treatment; Shampooings Henna. Pack {(any colour),- Hair Cutting and. Mani- sype for Ladies and Gentlemen. Con nefcations. "Artistle, Work,by, European,

HAVE CHARGES MODERATE. ANIEIT WILL CONVINCE YOU.

De.80 ceat for 1950.

Apr. 99, di

| Jatorrst half yearly

1

PHOTO-SUPPLIES

Kodaks and Cameras. Films, Plates and Papers, etc. Developing, Printing and

* Enlarging,

ZIESS and BUSCH FIELD GLASSES. Price Moderste.

A Trial Order is Solicited.

SEK & CO.

Tel No. 23489 Des Voeus Fold. C.

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