1950-03-09 — Page 3

China Mail 德臣西報 中國郵報 All

+

J

THE CHINA MAIL, THURSDAY, MARCH 9, 1990.

HK'S NEW BUDGET INTRODUCED

Reminders

Today

"Estimating revenue in these. This is quite distinct from (Continued From Page 13

from 10 to 15' per ent, for thiị “If thỏ, proposed Amendments | to the Inlzrit Revenue Ordinance "On the constitutional side uncertain Umes is an unenviable any question of an ordinary Geytue of acquimant 1950/61,

are approved, revenue will again, have little to report. After the task. A few sources of revenue fanco, contribution,, and related}": debato (thai was held

be adequate to balance expendi-' in tilo can be estimated with reasonable solely to the present

Cushioning affect neod for Con lost at many societies accuracy, but some of the more strengthening the garrison above. "The grootest yield is derived form and depending on the exact

bodies forwarded, to important are liable to the most is normal falze. It is obviously from the tax on Corporation Proform in which the amending me ar published their views on violent fluctuations from year to right und proper that this Gov-nts which would pay the full new dance is enacted, there should Men's luncheon, Rool Garden what the constitutional set-up in year, according to political and enment should contribute within rate.

BK Intel, 13:45 pm. all the different taxes be 4 nominal surplus of soveral the Colony should be. All of there other developments. For-exam-ilk moons, and the matter haz **** I went to the secretary of Statople, receipts from Bulles in tho been the subject of negotiation / under the Inland Revenuo Ordin-1 million 'dolfhry," from which wo† #IK Sinfers' relcoraal. St. John's i The Secret ommendations,··

and other

with my

varled for some little time.

As

ance pro closely inter-connected cat meet the tavo indeforminate it would not be equitable to in- labilities already mentioned. "It is obviously necessary to crease one without bringing the

Least. dangerous. "The experiditure figure has take into consideration all local others into line. It is, however, expenditure pist from Culonial realised that the very high local again, risen $13,500,000 over the funds which is related directly or cost of living, which has un-

revised aalimata for 1040-50. indirectly to security and"de-

Inerchse

as further of late, affects approved estimate. A large part have the

Individual more severely than expencliure would normally

of the increase is, however, ac- been met by the War Department, the company, In the case of counted for by the much more but have, pending a final settle Salaries Tax, therefore, it is pro-extensive programme under Pub or may not occurent, been charged to Colonlulosed id cushion the effect of theile Works Non-Recurrent, which that the is to cost womp 30,000,000 more as a result of temporary unstable unde under a proposal that ex Increase by providing

penditure on work carried out rate of tax should be increased than last year. In addition to

to the paint We must base our clil, fetice. Some items of such local nately shown a tendency to which was 'itself`in excess of the

'MR." FOLLOWS Record revenue for Hong Kong "The actual revenue and ex- penditure for 1940/59 will not be known for some time, but the re-

dark with

clusion that it would be unwise

Waming factors

of

receivo

or

"There is orumb of com- Yort in the fact that the la creases have occurred prinál pally in Public Works expend

ture. This is the "lenst · dans

gerous form of increase, in that It can bo' moment.

durtalled at any

with

this policy has met with a certain

Cathedral 'hall, 5:45 pan, Ninė „Dragóns Services Club.

Hong Kong Band Call, by Royal Marines, 8 p.m. Cheero Bervices Club, informal

dance, 8 p.m. Kowloon Rotary Club, lunchgoh:

talk

"Markoting in the New Territories" by Mr. Ro. Sert Hart, Peninsula Hotel,

on

12,39 Բու

St. Andrew's Club "At Home"

for Bervicemen, B p.. Diocesani Boys' School, annual

sports meeting, 2 p.m. HK Women's International Club,

Whist Drive, 30 p.m. King George V School, Speech

Day. 11 a.b.

at Helena May Institute, 5.30 pm, special children's show at 4 pm.

HK Stage Club presents "The

Chillérn Hundreda” at-China- Fleet Club Theatre, → pań, Licensing Sessions at Council

Chamber, 4 p.m. Portugueses Mutual Aid Society, annual meeting at Club Lus- tiano, 2.30 p.m.

Coming Events TOMORROW inspection of 40 Commiando Royal

Marines, by the Governor, HK Cricket Club ground, 11 àm. Nine Dragons Services Club,

Tombola, 8 pa European YMCA Women's Sec- tion, Beginner's Dress-making,

10 am.

Organ Recital, St. John's Cathed

ral, 1.15 p.m.

"The Chiltern Hundreds" at’China Fleet Club Theatre, 0 p.m. SATURDAY Gramophone Society, concert, Diocesan Boys' School 8.16 p.m.

Race meeting. Happy Valley, 2 pm.

HK Stage Club presents

Kowloon

classical

As jast four years haya of State himself over a range of more than $29,- stated in the House of Comunená | 000,000 but it is noteworthy so long ago, one cannot draw that in 1948/49 when there were up a constitution overnight, and no windfalls

our estimated his officials have been giving a not leave much cause for com great deal of thought malter, which has unfortunately mates of receipts from such bren delayed by the General duties on probable local con- Election that was held in the sumption. It is cortainly, bot United Kingdom last month, justinable to gamble on windfalls

"It

yene of which may has been sirasses and strain and do not see any let-up for same tiene conditions elsewhere. Similarly, by the Zubile Works, at the re by radallons. of three per cent this, it has been necessary to to come, even though we look in the case of Airport revenue, quert of the Military Authorities, instead of 21% per cent. This provide for equipment costing forward to the future with we

не cannot pretend to foresee houid rest where I lies. Ant

meats that the standard rate nearly $1,000,000 under Publie quiet confidence."

accurately what the future may

Works Special Expenditure, and, hold. All that we know is that example of this is the work on would be reached at the Afth stop the air traffic has dropped two new roads which are now and double standard rate at the an additioḥal: $1,000,000 under British Council, weekly film show i baing constructed in the New tenth step instead of at the fourth Public Works Recurrent. There the moment to one sixth of the Territories, The sum of $1,000,000 and eighth as at present. In the has also been an increase in the i level last August, and we have was provided in the 1949, 50 ca-

Pollca yoto of "$3,000,000. CAFC of gross, thcomes of

of less that to decide on a figure which we filmates for the improvement of consider has a reasonable chance roads and tracks, and when the $50,000 per shum, the additional tax payable would amount to 20 Military Authorities expressed of being realised.

"A careful review of all the the view that the contruction of a person now paying $200 in tax

per cent of that now paid.

Thu vited estimate of revenue is $248.- (possibilities has led to the con- these two new rooda was more would in future pay 340 more. 523,027, This is a record figure and

impurtant, it was agreed that

position of individuais en- represents an excess of approxi- to count for the coming year on this $1.000.000 should be madu The

trade

business, imately

revenue of more than $192,000,- available for the purpose. This goedIn $60,250,000

the DVCT

000 on The

basis of has since been supplemented to particularly professional men, has present original estimate. But this figure

°

"It is when the rise occurs in also been considered in this con normal departmental expenditure and a not represent the actual sur taxation. This is greatly below the extent of $750,000,

the figure

which we expect to further $2,500,000 has been pro nection, and it is proposed to in that it becomes a matter of much plus on the year's working unrealise for the present your, but vided in the Estimate for the trodice certain concessions in res greater concern for then it can

partly offset by an increase in

gård is Business Profit Tax, $28,000,000 more than, we coming year." is

only be curtailed by extensive expenditure.

Inland retrenchment of stad, The im "Section 10(2) of the expected to "Whe

estimates the

were when the present year opened,

reasonably

"In the view of this Govern- Revenue Ordinance, which deals portance of keeping normal de framed, the political hortzen was

leaving the krant frum His ment, it is necessary in con-with the rental value of a place partmental expenditure to the and it scerned that trade

Government out Majesty's

sidering tho of

question

level of the of residence provided by an em lowont

consistent might temporarily account. China

contribution, to take into sa.

Босп ployer, has the source of officiency has constantly been come to a standstill. The bon.of

count the claims of various many complaints,

and has also urgod on Heads of Departments, dealings in gold gave rise to the

sorts which

remain un taken up an amount of time both and all estimates have been very wildtest rumours regarding the

"We have been lucky so far,

settled from the Iasi war, and in the office of the Commissioner carefully scrutinised. Wherever future of the Hong Kong dollar.

but it would be unwise to dis-

It is hoped that at a conference of Rating and Valuation and in they show an increase this has The "Anethyst" incident and the

which is to held in London the Inland Revenue Department, been unavoidable. To show that regard altogether certain fac. during the later part of April, quite out of proportion to the degree of success, in actual fact the crossing of the Yangtse by

tors which siɑm to serve as a Liberation Army accen

this aspect of the matter will very small amount

of revenue Warning against being tan tunted the feeling of

21 out of 45 Heads of expenditure of apprehension

be given due weight.

derived. It is therefore proposed optimistic. which

evident WES

show a reduction as compared large Among

vines

good during the "It is proposed that I should to simplify this subsection to the with last year. sections of the

the population, and a Chinese New Year Festival were attend the conference, as well as advantage of the taxpayer. serious exchange crisis developed not as satisfactory as in previous the Colonial Secretary, Mr. J. F. "Beation 8(1) of the Inland Re-cover biste dalaries and expatria- in May, when the

Hong Kong years. There seemed indeed to Nicall, who is already in London, venue Ordinance provides that tion pay only, are estimated at dollar slumped momentarily t

where rents are restricted. Pro- $48,702,412 which must be eight to the U.S. dolier on the van al of caution abroad, and

"We have therefore a gup of perty Tax should be charged at added figure of $31,000,000 free market. It was not long, how money was not being spent as

how lavishly us in the past. Then possibly $7,500,000 to byldga one half the standard rate. It is provided under the Miscellaneous ever, before confidence was re-

the fact that almost the whole which we know of, and we have proposed to continue this conces Services Hend in respect stored, and the strong reinforce-

of living

Rail- of the godown space in the Colony two further indeterminate libi-sien for the present, but half the est ment of the Hong Kong garrison is taken up, and that the banks.lities which may have to be met mandard rate will of course be- why cost of living allowances helped to consolidate the general are forced to refuse to finance

Je before the end of the year. We come 7 per cent instead of five also amount

further feeling of reassurance,

further imports unless they are cannot at the present stage even per cent.

$720,000. This makes a total of "Perhaps not surprisingly in furnished with evidence that make n rougli guers as

as to the Those measures should realise $80,422,412 in respect of personal view of these developments, re-storage space will be available, they may amount to some inil- $8,000,000 would be derived from staff. There are, however, two extent of these Habilities, but

Uut some $12,000,000, of which some empluments,of, the Government venue during the Arst few months must give rise to 0 certain de- of the financial vear came in at agree of concern.

lions. In I repeat, there-

these circumstances, the increase in Corporation Profits other items, of $4,092,000 and rate which was somewhat below fore, that an estimate of more Government has regretfully rea- Tax.

$2,300,000 respectively under the that required to realise the esti- than $192.000.000 on the present ched the conclusion that

The Commissioner of Inland Subventions Head which relate to mate which is now alleged to have basis of taxation would in my

to Impore additional Revenue has made representations grants to Grant-alded and Verna been unduly low. Moreover, it was view be imprudent.

in favour of the abolition of the cular Schools and cover teachers' then evident that considerable Fils Bgure Includes a sum of supplementary expenditure would $250,000 in respect of a new tax

present personal assessment pro- salaries and cost of living allow- vixion contained in Chapter 7. 1: anco

""It is obvioul quite unrealis- be necessary in connection with on electric signs, draft by-laws

generally agreed that full per- the arrival of the reinforcements in respect of which are now

there is no necessity to take suchonai

"It will no doubt be used tuch sonal assessment on all personal tite that cost of living allowances

should amough practically and for Internal security purposes under the consideration of the step, and that, the deficit could income is the most equitable form thirds, or the dal paid out in generally, in these circumstances, Urban

The proposal, Council.

osul be met from surplus funds which of direct taxation, but if it is to respect of basic salaries and ex- the position was explained to

be equitable, it must be accom to leende neon and other elec

patriation pay Any fall in the "Heads of Departments. were tric signs. Up to 20 square feet

the Colony was re-occupied. conted by ponted by However, would not be business interests and income from place will certainly not be on ances, total $31,655,470′as com- penditure as much as possible, to Above this size a further fee

pared with the Dgure of $72,357, cut out any which was nut nb-of $100 for ench

additional 10 be regarded as reasonably secure disclosure would give rise to a is proposed during the course of 998 for the year which is just solutely necessary,

and to defer square feet will become due.

Expenditure,

until it has reserves amounting to number of very serious complica the year to take up with the closing. Special Expenditure, expenditure in cases where there

provided for

I con- tions, but on the feast a year's revenue.

other hand

with-Becretary of State the possibility cluding Public Works Extraor In the estimates as now printed, was no particular urgency.

sider that, in these

ous out these disclosurts any system of consolidating in basic salary adinary and works financed from troublous Even with the heavy ex totals $199,051,037, but there are times, a reserve of one year's of personal assessment on a proportion of the present allow Colonial Development and Wel- penditure which has been neces: a number of last minute adjust revenue is not enough. But how-voluntary basis merely provides ance.

fare grants, tothis $0,772,199 sary in connection with security ments which it will be necessary that may be, we are still a a wide-open door for evasion by

in Select Committee, good proved penkto consider

attaining even the dishonest.

of By the use measures, it has

Emoluments up represents deficit ble, by exercising strict economy This

Conditions in the world aliases, a business with branches of that goal from on all normal services, to limit $7,071,557 which may easily be today are such that the economic may be split into a number of the Government service show an such as the Custodian of Property "Total personal emoluments for. The temporary departments oved increased in Select Committee to position of any country can de apparently separate the exces over the approved

businesses Increase of some $5,500,000 25

and the

the Department of Supplies expenditure-figure to $5,609,000,-

textorate-seriously almost over-with personal allowances being compared with last year. This is and Distribution liste "Expenditure directly

night, and with very little warnelaimed against each.

made up of just more than $3,- necessary during the coming yeat. n has been 000,000 in respect of cost of living further small reduction would,

Tax evasions submit, be dangerous to

allowances whichy have been in effected in the cost of the Cus- draw on the reserves which we

"In fact, cases have arisen increased during gūtho ̧ year › CERBO-

but nothing todlan's Department, but are just beginning to build up.

which it has been found that a qutat on the rise in the retail price much further can be achieved, in business has thus been split into index; $1,500,000 in respect of the

They

I

necessary taxation.

It is

Good way from the goal

"Personal Emoluments, which

allowances.

10

A

Extra

Nine Dragons Bervices Club, Mahjong Class: 8 p.m. Tom- bola: 8 pm!.

The

HK Stage Club presents

Chillorn Hundreds", China Fleet Club theatre, 0 p.m.

BUNDAY Toe H Classical Concert, 00, Mac donnell Road, 8.30 pm. HK Art Club, sketching party lo Stanley, members to assemble at Queen's Pier, 10.30 am. Vocal Recital by Mr. K. L Mo (baritone), The Cripps, HK Hotel, 6.30 p European YMCA Armchair Group

meeting, talk on "History and Exploits of Lutheran Planej 151. Paul, by Rev. A. Chris tenson, 8.38. p.m. Nine Dragons Services Clubi

Tombola, Bp.,

two have gradually accumulated, be eq the Tull disclosure of cost of living, which may take and also Cost of Living" Allow- asked to curtall their normal ex- the fee will be $100 per annum. This, anance. The Colony connob ali nòuireds. In Hong Kong, such anything like”, that - scale, so

directly

or

RE

are moreover

certain

over

(related-to-security. br. So indeterminate at the. ing. In those circumstances. It

““

sures including of course the cost present

It is

Ferry

ally

stage, which must "be

It may also be suggested that

ex

he cold with $11,488,520 for

1840/50.

say four phith, hii "dareled on. In increase in the establishment of bra direction till it proves possi

one room.

and

the actual number. In a regent | $250,000 in respect of staff for the but the Dung one of the

which can be aliisæd tor the pur-roneted as to which party wil wetlikeni Ifaacortâiniles. Much of from another source

revealed that of the Public Works year is being explored, and it is

chase

reclamation

will certainly have

sound

at a price below paray for the plers, the cost of its prosperky, depends

Proper financial curr

of whom runes.

used four

any

..

Temporary staff

"Some progress has been made in axing suitable post-war as- tabilabments for departments whose work has greatly increased inco the war. In consequence, lesa personnel is now, paid from the

Play Safe-

Immediately avaitàblo

at the better stores.

© Jonizin

Sold Agents: D. B. SPARKS

The NEW FRIDEN

buy

Page

Jantzen

sunclothes

Tel: 31255

OMANT

fully automatic calculator

DESIGNED FOR THOSE RESPONSIBLE, FOR PRODUCING OR CHECKING FIGURES

write of phone for a demonstration

FRIDEN CALCULATING MACHINE AGENCY

DODWELL & CO., LTD.

• Office Equiprient Department

Alexandra Bldg,

China

HỒNG KONG

-Tel. 20038

Club

Fleet STAGE CLUB Theatre

of the Police and Defence Force, taken into account. There is the but excluding substantial Loan question of new piers and re- expenditure on police stations and clamations for the ferry service. block Houses, is expected to be in Everyone is aware that the Star we should defor any action in

to close down the department the region of $32,000,000.

rry Company is negotiating regard to increased taxation in

the Police Force which has be altogether. The cost of the the revised ox-for a new franchise with a view the hope that there will be an

"By the use of aliases, also the

det partment of Supplies their service gener- ented that the

came necessary: $250,000 under cher other windfall such as has oc- figure will total $10

$165,- Improving

*** number of apparent.pariners Medical

namail increase; Department;

bution $250,000 This will involve new plers curred dudur the present year. 050,253, but It is

start changes, proposed that a

Education harbour,

Ingress under on both sides

and Department; to increments

of effecting supplementary payment should be extensive reclamation, pour, and That also would not be sound may be increased without

coat Anance. It must not be

forgotten made to the 3

Services Corps and e- zome reduction 33 per cent Re- will be very high indeed, and that Hong Kong represents an instance, & business was stated to habilitation Loan Sinking Fund,

ind, although no decision has been island of stability in a sea of have 12 partners, but Information

Perabis Scheme, and department during the comlag

of bonds when they can be pay

on the there were in fact only three cach Desertinent Head The latter i hoped that it will then be possi- obtained

maintenance of

different more apparent than real, as it is ble for the Director of the Depart Such a supplementary payment to be met by Government. Now, and

largely due to the transfer of daily ment of Commerce and Industry was always contemplated in the new pier, anyway on this People in the neighbouring coun- "There are dimcuities in regard paid staff to a monthly paid busle to administer it as well as his own good year and, taking this inte side of the harbour, cannot be tries watch closely how we to the registration of the names and so should be offest next year, department. consideration, the surplus on the starled until the reclamation has manage our affairs, and I main of partners in Hong Kong, so when the reorganisation is com- year's working should amount to bean

been completed, so

BD if wo

we are to tain that we cannot afford to re- it is a simple matter to introduce piste, by a reduction in certain just under $30,000,000.

have an improved ferry rice, set to unsound Inancial practitious ones with a view to the

the sub-heads under Public Works Revenue windfalls which la so

negded ithin tices.

evasion of

of tax. It la impossibl Recurrent a reasonable time, it is vy im- "A third criticism may be that for the Commissioner to detect

the increases which "Revenue did not come in tooFortant that work on the rockard | 100 extensive, and that it could be since it la

the Public Works programme is such evasions satisfactorily to start with, but

certainty total something oves $5,500,000, half way through the year it belon should be pushed

that amongst there has been an Increase of possible. Unfor- ut down very considerably. To Chinese family partnerships there nearly $500,000 under the Seal- gan to reach a better level. Later as rapidly as a tendency developed

tunately there are a number this I would

of th to pay local

dimeulles which must be over of desirable and Indeed, in some

and Indecil, in some are continual and quite honest tary Department Head; $250,000 temporary staff votes, but there is duty on goods which normally

efore thes "distinguishing between pass through the Cobony in bend come. The telephone cables and cases, essential works which sull of eighthere is no means of which is que to an increase in quite a long way to go bc-

number of tho This of course was the result of one belonging to Cable and Wire- remain to be carried out ́is legion. honest, and the dishonest, Simi-and in the MR. PRATURY Cooliesindekiera |

of provision overtime.

in the cost unsettled conditions generally, and les rarought horse at or wont of schemes of various larly it has been found that re- Last year a cut of 200 was made cell courted yet Cove to Interruptions in the normal to move at least the telephone sideration and could not be induced as partners, whereas in but experiance showed that this mitted to consider the wholo ques-

·Point.. It will be necessary | sorts' which were put tip for con- |sident persons have been, intro- in the Sanitary Department stand speech, I announced that Govern- ent had decided to set up a com distribution of cigarettes from cables and this will; mean that¦cluded was $20,000,000.

This fact they are memely nominees had been somewhat Shanghai fucteries, Receipts from they will have to be lengthened. covered work asked for by the of non-resident partners, who

to the one, tion of Clovernment fratspërt, For duty on liquor petroleum pro- This sure to be a good deal afdical, and Education Depart are not entitled to personal having

Crease in

Which

hich various reasons there was some ducts reached quite unexpected of delay in obtaining the necesments, drainage work, road work lowance. It has also been noticed

services had to be delay in the settling up of the levels, and in the case of tobacco sar

ex. itens, and, in regard to the last that the number of partners in

committee, Ind excess over the approved es. /ary cable, but this will be ex• Zientladed, we are silil very faé many casos tend to go up or down provided. his her throw n-tur: pointed at the end of

but t The Influx of popula

it was finally up. pedited much as possible. In expected to be about the meantime. It will timate is

chairmanship. bo

and fall in on during from completing the reconstruc- adcoring, to noces

thet train on ute cleaking start, which is

of: die hundreds of side profits. $1tions ECHS THE WARE) sary to make borings to deter-lon

There is a further, objection and it became necessary to resture formidable Theanine the character of the sea bed, streets, which have received no

66 posts of "vanliary coolib, jungby results, which have been respon A sum of $20,000 has been pro attention since 1041, and which to the grant of a right to perThere has been an increase, it sible for approximately $80,000,- vided for this under Public Works now consist incre of policies than sixation, which does not tax, in the personal caluments of the

ther

| sonal" disósóment in a''system of of the

surplus, must be ro Recurrent but the foundations of surface. d'as windfalls

"When It is a question of cover-come received from outside the Hong Kong Navi Fores are un-the pier will have to be Interlock- to occur again, and indeeded with the wall of the reclama ing & deficit or $1,000,000 or pas turritory There are many cases 000, and collections are tending to all off, tion, so not, very patch can be sibly. $4,000,000 ch ber de 18 by income received from outside and Fire Beads and Social Wel, yet bom time to consider it noty,

In which people are supported taln other done ns with more settled conditions dana until the necessary drawings in variety of ways, it of the Colony. Under the present Zarga drawbacks are being claimed, in have been prepared.

this "Other, metora hiso came, into may ho possible to make start there comparatively painlessly by full allowances to respect of these swell the total of Personal

produca

Brd

+

this

the

$180 veral

other doperiments such ma

1010)

factor which LendEM

They

norcaling proportion of cases.f: "It all goes well howover 1}}ly positie v oddande {xystem (92° personal:~ sisèssments,

million - und -half-

minor increase

cfni bo

under

as they had to

in detail the transport

They hipp

G

was received only.

Wocks nhan va than hát nơi

as more, and the surplus, for on the reclamation before the 'end adjusting, tho tutan ez?APUSA dependants are made against in- nants. Normally they are cancelledfeare that the committee ⠀ have

✔lay

frờm

from

Hanco

to

dapite the fact that such income trements, resignationssi

into Hong Kong, so the revenue event the general view will no introducing new ones. But where may not be used for: their cup now antrimas part

mach lipms as royalties doubt be that we should find, by it is necmary, toll and gulta fransport companies, enter-supplementary vote,

vote, whatever large among these to stations with many Chinese uni

That To alternant port. This is particularkƒsibe | of: the scale, MN

- family, hall money may be bote #nd sweeps han delay the commentment for The choice Appoint to be limited coniunction, with interesake In the rates or the her bouring areas of Chiggada 1* | raising of thi

under the Inland Revenus Orda venus Crinance is to be

Iquor, gutles

#restaurant meala, tax, water, the worle until tho hast denticla, (to an IngrenAid bass of taxi Chimera OPPNING

year,

Proper commitmen

$12,

0.000

i ond he withdrawal of

this and the;

the

"The Chiltern

Hundreds"

VERY TOPICAL COMEDY”!

TONIGHT Friday

AT 9.00. P.M. Saturday.

at 7,30 p.in.

•at: 0.00 ̊ p.m.

BOOKING AT MOUTRIES Now

A special ferry leaves Police pier Kowloon, 35 minutes before and returns hommediately after each performance.

FRAZER YOUNG

TRIBUTE SILKS & SATINS

BROCADES, ETC.

CHEFOO EMBROIDERED LINENS.

If

reference to Hver bumber of howeyde abundently

RA

When that they have made valuable ro-

which

ro

hty spand that the

vance

'icing's Building2

ball

HARRIMAN REALTY CO., LTD.

T-

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