The immense Taikoo Company (Butterfield & Swire), operating docks, shipyards, sugar refineries, steamship lines, etc.; China Sugar Refinery; Bank of Australia; Eastern and Australia Cable Company, etc., are owned mainly by British capitalists, who operate an extensive apprentice system or school in maintaining their personnel in the Far East. The Banque l’Indo-China is, of course, mainly French, as is the Anglo-French Syndicate. The Russo-Asiatique Banque is French and Russian. The Cathay Trust Company is British and Chinese. The Shell Transport (oil and shipping) is Dutch, largely. Humphreys’ Land Company is British, mainly. There are scores of rubber companies whose plantations are in Malaysia, but whose shares are actively dealt in by the Chinese and foreigners of Shanghai, Hongkong and Tientsin. Large department stores of Hongkong and Shanghai are incorporated, and their shares are actively dealt in. I refer to Lane-Crawford, Watson, Central Stores, Weeks, Moultrie, Hall & Holtz, etc. The largest foreign commission houses, banks and agencies, with offices in the various treaty ports, are the following: United States Steel Products Export Company (American). Standard Oil Company (American). American Tobacco Company. Singer Sewing-Machine Company (American). International Banking Company (American). Yokohama Specie Bank (Japanese). Deutsche-Asiatique Bank (German). Mitsui & Co. (Japanese), Fushun coal, machinery, cotton, etc. Mitsu Bishi (ship-building at Nagasaki). Kawasaki Dock Company (ship-building at Dairen). American Trading Company. Sassoon & Co. (German). Reiss & Co. (British). Melchers & Co. (German), machinery, shipping, etc. Arnhold, Karberg & Co. (German). Henley’s Telegraph Works (British). Shewan, Tomes & Co. (British and American). Fearon, Daniel & Co. (American). Andersen, Meyer & Co. (German). Carlowitz & Co. (German), smelting, matting, machinery, etc. J. G. White & Co. (American), engineering. Punchard, Lowther (British), engineering. Pearson (British), engineering. Tsingtau Dock Company (German), ship-building. Rose, Downs & Thomson (British), oil, machinery. Priestman Brothers (British), dredgers, excavators. Indo-China Cement Company at Haiphong (French). Bohler Brothers (British), hardware. Siemssen & Co. (German). Kelly, Walsh & Co., Brewer & Co., _North China Herald_ (British), publishers and booksellers. Brunner Brothers (German), gas lighting. Hohenzollern Company (German), locomotives. Konigs Company (German), bridges. Reinecker Company (German), machinery, tools. Hurst-Nelson Company (British), railway equipment. Glasgow Rolling Stock Company. Mellowes & Co. (British), station roofs. Hunt & Co. (British), machine shops. Leeds Forge Company (British), steel cars. Cassella & Co. (British), engineering instruments. Tangye & Co. (British), oil engines. Yorkshire Copper Works, Union Electric Company (British), electric