(Continued from page 486) been, canal dues should by now have been is bourhood of 4s. Gd., a vastly different figure from the charges which are now being made after the latest reduction. There is, therefore, very much substance in the claims which have been made for a in the charges which are now being made. They could quite easily fon the foregoing figures be reduced by 20 per cent. without doing any injustice to the Company, but conferring an enormous bene-'ft upon ocean-going trade using the canal. Italy is not the only country which has protested against present scales, but the fact that she is now joining the ranks of the protestants merely serves to show how generally the charges are held in disfavour. How a material change can be effected, it is dificult to see, for as has already been Pointed out the Company is well within its rights from the legal point of view, and may be expected to stick as firmly to its guns in the future as it has in the past. It might, however, be possible to show that with the incubus of present dues removed for something less onerous the canal might in time do an infinitely bigger trade, with corresponding benefits to the company as well as to its clients. In any event it is obvious that some change is necessary to alter conditions which discriminate against the Euro-
The Shanghai Nav at 1 Yang Terrace.
The Easter term of St. Giles British School, Tsingtao, commences on January 20, 1090, Mr. P. D. G. Gain, Hon, Trade Commissioner, Union of South "Africa, hax returned Shanghai, Messrs. Davies, Brooke & Gran, architects, surveyors and civil engineers, have removed" their offices to 49 Szechuen Road, Messrs. Kelly & Welsh, Ltd, have declared interim dividend of $0.50" per share for the year ending February. 28, 1038, Owing to the Christmas holidays the Shanghai Stock Exchange's usual Monday's settlement day has been postponed till Thursday, December 20.
Advertiser wishes to get in touch with responsible party going to Europe willing to take care of girl, twelve years old, to Marsellles. Box 3572, NCDN.
Messrs. James Magill & Ca,, Lid, will pack and ship exhibits for the New York World's Fair in 1939 and the Golden Gate Internation:
Text read from the printed page and cleaned; old type leaves the occasional error.