SATURDAY, JUNE 27, 1931.

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION.

Anthoriend Capital gr Lovund and Pally old-up 35,309,DOM Bersera Fundo:

Burling£6,500,00

Rit

$10,000,000

Movers Filly' of Proprieina! (36.0pm,com HEAD OFFICE: HONG KONG,

BOARD OF DIRECTORS:~

los. Mr. D. 6. 9, Mackle. Chairman.

Iton, M... Patoran, Deputy Chairman.

Hon. Mr. Bell. T. E. Pharoa, Esq. A... Compton, Eau. J. A. Plummune, Bay.

Landas Law, BT, B. Fham, Faj.

D. Klaria, Ex.

BAKOLON

BATAVIA

POMBAT

CALOUTTA

CANTON

CUZFOO

COLOMBO

BAIBEN

TOOCHOW

HAIPHONG

HAMBURG

BAKKOW

HARBIN

HONGLEW

iLotto

JOHORE,

XORE

KOWLOON

3. P. Warun, Es

Chlef Menager

V. K. Grogburn, Tag

BRANCIES:---

KUALA LUMPUR

-

· LONDON

LYONR

MALACCA

MANILA

MUAR (Johdra?

MURDER

NEW FORK

PEIPINO <

PENANG

BANGOON

- HAIGON.

THE CHINA MAIL

THE HO HONG BANK, LTD.

THE CHARTERED BANK OF! INDIA, AUSTRALIA & CHINA..

(Established 1917.) Incorporated by Royal Charter, 185. READ OFFICE --9INGAPORE

Hong Kong Branch: 15, Queen's Rd. C. HEAD OFFICE: LONDON.

£3,000,000 Authorised Capital. Straits $20,000,000 Paid-up. 'Capital

8,000,000 £4,000,000 Issued Capital

4,000,000 Paid-up Capital

Reserve Fund ............. Reserve Liability of Pro-

prietors

ALOR STAR

4,000,000

2,520,000

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

£3,000,000 Reserve

Liabilities

of Shareholders «

Agencies and Branches

Surplus

(Malay Stats)

KUALA LUMPUR KUCHING

АМНІТУЛЬ

MADRA

BANOKAK

MANILA

BONDAY

MEDIN

CALCUTTA

NEW YORK

CANTON

PEXING

PENANG

BATAVIA `-.

'CAWNPORK

DEBU

COLONNO

DAIREN (Daly

Feah Manchuria)

AELII:

RAJPHONO RANDURA

HANKOW

HARDIN

Varbura).

11 AB A

11

́",

KLAND

KOBE

SAN FRANCISO

SILANOMAL

SINGAPORK

BOURABAYA

BUNGET FATANY

TIENTAIN

TOXYO

TRINGTAO

YOKOHAMA

Current ale opened in Irical OurFIDAY $70 FIRM Propolio commited for one year shorter perioda in Local Carreros and Starling * bars which will be quoted on application. Hong Long, 25th February, Lads.

HONG KONG SAVINGS BANK.

The Business of the above Bank La conduct.

of by the NG KONG AND HANDHAT BANKING CORPORATION.

obtained on application.

Rulee may be

FOR THE UNUTONG AND BEANOTTAJ

BINKING CORPORATION.

7. H. GRAYBURN,

Hong Kong, 19th July, 1980-

Obie Hancer.

BANQUE DE L'INDO-CHINE.

HEAD OFFICE:

86, Boulevard Haussmann, Paris.

Subscribed Capital Frs. 72,000,000,00 Paid-Up Capital...Fra. 68,400,000.00 Reserve Funda.....Frs.102,000,000.00 BRANCHES: Bangkok Hong Kong Quinhon

Saigon Battambang Huc

Shanghai Nam Dinh Singapore

Thanka

Tientsin Touran Peking Pnom-Penh Vinh Pondichery Yunnanfu BANKERS:

Catho Mengtze

Canton

Djibout Numea

Haiphong

Fort-Bayard Papeete

Hankow Hanoi

IN FRANCE: Comptoir National d'Escompte de Paris; Credit Lyonnals: Ranque de Paris et des Pays-Bas; Credit Industriel ot Commercial; So- dabe Generale.

IN. LONDON: The National Provin- cis & Union Bank of England, Ltd.; Comptoir National d'Escompte de Paris; Credit Lyonnais.

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

York.

.

Interost allowed on Current Ac tounts and Fixed Deposits according to arrangements.

Every description of Banking and Exchange Business transacted. Safe Deposit Boxen to let

A. BONNAUD,

KUALA KANGBAB

(Peak 7...)

Foreign

RANGOON

NALGON

BEMABANO BERENBAN

SILANGIAL

SIT APORE

SILAWAN

GOURABAYA

TAIPING (F.BÁJ

FAVOR

TENIBIN

TOKYD

TSINGTAO

TONGKAB (Ghuket) ›

ZAMBDANCIA

YORGTIANA

(Philippine alanfei

Exchange and General

Banking business transacted. *Current, Accounts opened: and Fix. ed Deposits received for 1 year or shorter periods at rates, which will be quoted on application.

J. STUART,

Acting Manager. Hong Kong. 28th May, 1931.

THE NATIONAL CITY BANK

OF NEW YORK.

HEAD OFFICE: 55, Wall Street, New York.

Capital, Surplus and

Undivided Profits ..U.S.$220,037,802

Branches in-

ARGENTINE LONDON.

BELGIUM

BRAZIL

CHILE

CHINA

COLOMBIA CUBA

DOMINICAN

REPUBLIC

INDIA ITALY JAPAN

MEXICO

PANAMA

PERU

PHILIPPINE

ISLANDS

PORTO RICO

STRAITS

SETTLEMENTS URUGUAY VENEZUELA

Commercial and Travellers' Letters of Credit, Travellers' Cheques, Bills of Exchange and Cable Transfers bought and sold. Current accounts and Savinge Bank accounts opened and Fixed Deposits in local and for- at rates that eign curranelen taken

may be ascertained on application, to the Bank.

We are also able to offer our Cas tomers the servicos of the Branches of the International Banking Corpora- tion to San Francisco and Spain and also of The National City Bank of

and Nico. New York (France), S.A., in Paris

F. Mch. COURTNEY,

Manager. Hong Kong, June 16, 1031.

THE

AMERICAN EXPRESS COMPANY,

INC.

Head Ofco: 65, Broadway, New York.

Capital

Manager.

Hong Kong, 1st May, 1931.

Surplus Reserves

LIMITED.

THE YOKOHAMA SPECIE BANK, Artan

Established 1880.

Capital (fully paid-up) Yen 100,000,000 .Yon 115,000,000 Reserve Fund

Head Office-YOKOHAMA.

Branches and Ageneles ut:

Alexandria

Batavia

Berlin

Bombay

Calcutta

Canton

Changchun

Dairen (Balny)

Hamburg

Manila Nagasakl

Nagoya

Newchwang

New York Osaka Peiping. Rangoon

Fengthen (Mukden) Rio de Janeiro

Ban Francisco

Seattle Semarang Shanghai Shimonoseki

HRDKOW Hong Kon

Harbin

Honolula

Yuan

Karachi

Kobe

London

Los Angeles Lyons

Singapore Soerabaya Sydney

Tientsin Tokyo ** Tsingtau Interest allowed on Current Ac

counts.

Deposits received for fixed periods at rates to be obtained on application.

H. MORI

w Manager.

Hong Kong, 11th April, 1081.

.U.S.$6,000,000 .U.B:$1,572,454 U.S.$1,008,200

BRANCHES-

. Outon

Antwerp

Albana

Berlin

Giugow HAVED Hasbug Hares

Sspies

Pitts

Parla

Tynang

Blariis

Peking

Bombay

Brazel

Interlaken Jerusalem

Lido London Liverpool Quote Lugano Lauto Mersallies Monte Carlo

Manila

Helterdam

Rome Farbow! 'Shanghai

Southampton

Bangspore 23. Morita, Tierleis

Brussels Bus Aires Cairo Delvaila CALDIN Colombo Constantinopla Copenhagen Binburgh Flowe Opera

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

Munich Montreux

VINEYA

Yokohama

Turich

All classes of Commercial Banking Transactions undertaken.

Rersonal

bandled

investment

Every description of Banking and Exchange business transacted.

TAN ENG HOOL

Manager.

NEDERLANDSCHE HANDEL. MAATSCHAPPIJ, N.V.

NETHERLANDS TRADING SOCIETY)

ВАНСКАЯ

Elakisked 1896.

Kong Us:-11, this's Bond Osutra!- Turboriend Oppital Guilders 186,080,000. Fed Up Capital

13%,600,000.) Guildars,G,00

(28,60,170) Kit Fundo Guildar 10,917,900 (£2,356,048)

Head Oflöt 1-MSTERDAM” 4 Eszter Has Off-BATAVIA. BRANCHTES1-Bandjarmasin, Baadnent". Bombay,

Calcutta, Charbon, Damber. Da jakarta". The Hague', Jeddah, Kobs Kotu-Naciju. Makanans, Medan, Pedas Palembang, Pakulongus, Pasang Fsalissal. Rangoon Rollerdam Namang Shanghai, Bibolg

Blagapore, Bob (Bola. Tegal, Tjilsjap and Mere Save safe depcult bazne to le Tudo Beukmetoca! Provincial Back Lád. Correspondents all over the world. -Basking balbaics of every description tradionated.

The

A. STOKKINX,

doug Kong, 18th Regent, 1990.

'THE BANK OF CHINA. 行銀國中

Reorganised October 26, 1928, under

special charter of The National Gov-

Commerce and

Finance

SHARE MARKET, Weekly Reports by Brokers.

G. A. HARRIMAN.

at $29.00.

HONG KONG STOCK EXCHANGE.

Opening Daily Official Quotations 27th June, 1931.

Next Settlement Day, Tuesday, 28th July, 1931350

STOCK

Buy-Sell Sales Nom

"Last" dividend and when paid

BFG

Fear

Banks,

Mining: This section is Hong Kong Bank ... tirely neglected.

Chartered Bank .................

Mercantile B., AkB,

C. Bauk of Asia

Docks, Wharvos and Godowns Kowloon Wharves after small busi- near at $167 have ensed 'off. Kew loon Docks were done at $80 with further buyere at this rate, China Insurances. Providenta are wanted at $5,80, Canton Ins. measu$ |

ora

... 1000

..$ 876

***

Hong Kong, June 26. Mr. G. A. Harriman's Wockly business has been done for Sep Usion Ins....... Report and Market Review says:tember at $6.05 and a few shares

China Underwriter... 18 The market during the week are offering for August at $6:00..

Landa, Hotels and, Building8:- Chias Fire Int. under review has been very quiet possibly owing to the intervention Hong Kong Hotels were done be-

H. K. Fire Inn of the Half Yearly Settlement en fore the Settlement at $17.00 to

Shipping Tuesday last when everything pass- $17.70 but there are now sellers at It was $17.60 with buyers at $17.50 Cum ed off very satisfactorily. the general opinion before Settle Rights. Application for the New Douglas ment that prices would improve shares must be made on or before 17. F. Steamionts ...4 302.

Hong Indo-Chin (Pref.) ... but instead, Tuesday the 80th instant. after Settlement,

slight reaction set in and Kong Landa are quiet around

have Shells Bearer ......... Humphroys were offer- $92/93%. nearly all stocks ing fairly freely at quotations. sellers at $21.75 for the Old shares Unlon Waterboat...

Hàng The speculative section naturally and $21,26 for the New. showed the weakest tendency with Kong Realtys are sellers at $14.20.

Cottons Cottons:-Ewo Cements, Hotels, and Realtys mark-

▒ ፧

! ! !!!

650

: ፧ : :

BI

Deo.

Final 23 hon gi′′

18

/ 1930 ox. 1/1)=879,14 Doc.Fitte bonus Butout to

Mar.

TAK Baking 23 for 1950) Mar. -, B1

40

1975

| Deo. | (2) 19our IfTax,

Doo. for IO,

Apr. — 31

Feb 29, 81

May 1P, 81'

May '29, 71

14

May 90, 31

Mar, 24, B1

Interim #185/c1RM

2400 Deo,fle, 32hon- $10 for 10901

Deo. Final 10 for 19201

1inlarim 24 / 1030-t Dea. Nors

Vi baniya (0) Dodant $14 for 1929-2

Interim 83 2/0 1990

[1868 | Den (450 art bonus $10

1 making 360 fạt 1927 immed

Det viland for 1028

Dec. 81-50 for 1020 Neue for 1050,.......... | Mar. 1, 30.

12 o. 2 on preferred) June 19, 20

| Dea.1′′lor 1924 1925

Last land for 1993

free Tax No 1993...!

***

*** 24

**

d

art

(Del.)...6 80

*

19

Mining.

་་་

have Benguet 01 ed down to lower levels, but the fluctuated between Taels 19.95 and Kailan Mining Ad. 1/- Investment section maintained a 14.10. Small business only, how- fair demand in Trams, Telephones, over, has been done. and Ferries.

Sterling counters

Public

Langkats (Single)...Tis.

Loans.......Tls.

S'bai Exploration...Tit.

FI

ab

Venesuela Gold Fields $

Utilities-Hong Kong were very weak due to the strength Trams continue in demand at at of exchange, consequently, at one $22.50 with business done period Banks und Unions were done $22.40/.60. Peak Trams Old shares as low as $1985 and $550 respective are wanted at $14.00. Star Ferries ly. The market closes dull in most have been steady at $95.50 buyers.Į. sections and trading is carrying on China Lights after business at on a rather restricted scale for the $26.40/.65 have small enquiries at. X. W. Dock... 29 time being due principally to a gen- $26.50. Hong Kong Electrics are South Ch. Motors ...$ eral laxity of baying orders. wanted at $82.50, business boing

Docks, Whertes, Godowns, &c.

H. E, K, barvo.....

;:;ལི།

Deo. (laal 116 Cakpon No,

Dee $150 for 1990

Pending Mar. 81, 01

Dep. Inter! 25 centavosajo 1991... Mar. 81. 81

98/6 June ¢Pin, 4% fres Tax O'pon 181-

making 2% for your 16-30 Deo, 90, 80 Dot. T.0.0 for year 31-10-May 8, 30 Dog. Noge

Pinal T.0.15 13 Feb. 6,

making 'T.. Marin x 16

Mar. 16,91 year 3/21)

...

13

***

43

Doo.

881

***

LES

To

* ធ្ល· ទូ6 ? » !

* for 1930...ms, Mar. 19, 81- Doc. La lleidend for 15%

***

14

207

Deo.

ALF

110

10+

12.70

***

285

Deo.

Doo.

www

ri

(5.65 (6.86/6.271) Deo.in erala an old for 130 April 6, 81

folt cents on now! Fin, T. 11 mak. T. 11 fpr 1930 | May 4, 81 T. o zi for 1930,

Apr.

HE TY Var, 4, 81

1H

2.1 for year 10-4-30

anime Jaly 30, 30

N. Engineerings...Tis. Shanghal Docks ...Th. 111

Lands, Hotels & Buildings,

(new) $ Banka-Owing to the risa in done at $82.75. Hong Kong Tele China Providents (old)# || exchange, Hong Kong and Shang-phones have improved and are now Hoogkew......... hai Banks eased off slightly, buai-wanted at $38.25. ness having been put through at

after Miscellaneous-Cements $1080/2010. Bank of East Asias business before the settlement at: remained in strong demand at $129. $21.10 have eased off and there are Insurances. Both Canton and now sellers at $204. Hong Kong Hong Kong Fires were

quiet, Ropes are quiet with sellers at $22. Unions changed hands at $550. Dairy Farms remain steady with China Underwriters

at $31.50. transacted were un-business

H.R. Landi$ 1921. changed with enquiries at $52. Constructions are wanted at $9.60 Shanghai Lende...T. 98

· INTERNATIONAL EXCHANGE

Shipping-Hong Kong Steam-with sellers at $10.00. Lane Craw- Humphreys (old)...$

(new) Subscribed Capital....$25,000,000.00 boats showed renewed strength and fords have small enquiries at $7.90

Watsons H. K. Realtice......$ Paid-up Capital .......$24,710,200.00 were enquired for at $25 cash and with sellers at $8.00

$8,820,503.82 $26 July but no shares were offer were done at $16.00. Hong Kong Chinese Estates ...... Reserve Fands

ing. Business in Union Waterboats Amusements and China Entertain was recorded at $282, with cellers menta are neglected. in evidence at $29.

ernment an an

BANK.

HEAD OFFICE: SHANGHAI,

HONG KONG BRANCH: 4, Queen's Road Central.

T

བྷནཀྑ་ཀྑུདྡྷ༴

Apr. 10, 81

{ Plant #2 misking $4 for 1930),

Dea.

sad si en now lane Fol. 10, 81 Deo. Finn T. 18 for 199

making T. at on ohi sharon Mar. 19,81 Fab. 94, 91 for 1030. Apr. 15, 51

(E.R.)$

H. K. S. Hottis... 172 173 17.00

H

10.10

Deo.

30 cent for 1930.....

F

(Rts.)

5,40

88.35+)

21

1911

14.90

***

Doo.

Finns

20

Dea.cants for (930

conl. making 60 cents Fob as for your 5-2-30.

July 11, 20

Doa T.B.75 for LIRR),

Mar. 19, 81

(Apr.

T. 225 fortalf year 217-4-31 ... May 14, 01

OBL

Juse T. ag for year 31-6-30

Oct. 11, 80

Dec. Piont of its mantoj

Cotton Mills.

on Eo Cotton T. 18.65 18.00 18.00-

tong Sings T Public Utilities.

---

Exchange:-The TT. rate MiningRaubs attracted very London is 1/- and on Shanghai Shanghai Cotton...Th. little attention acllers prevailing at 794. $384. Venezuela Goldfields were

Forward Settlement Days:-28th Owing to our numerous branches in on offer at $231.

July, 25th August and 28th Septem- China and large connections in the im- Docks Wharves and Godowns-ber,1931. portaat commercial centres of the world, we are able to extend to our Hong Kong and Kowloon Wharves clients special facilities for domostic were taken off the market at and foreign banking and exchanges. $167/68. Kowloon Docks were in BRITISH TRADE WITH

were steady, shares (old) having changed hands at $6.85/90.

We also handle the issue of Bonds demand at $20. China Providents and other Public Funds of the Chin- esc Government both at home and abroad.

SHOU J.. CHEN, Hong Kong, 5th March, 1081.

Manager.

Hotels and Real Estate.-Hong Kang and Shanghai Hotels were still very popular, large business having been done at $17.60/.75 closing slightly easier at the former figure. Hong Kong Lands eased

PERSIA..

H. K. Teunway....$29) 20 Peak Trams (uld)...$

(new)

Star Ferric hot Yaumati Ferrics China Light

H. K. Electric ......

Desire for ProsperityMa

and Peace.

Rugby, Yesterday.

A statement on the situation

THE BANK OF CANTON, LTD. off a bit, buyers offering only $9254 regarding British trade relations The market for Hong Kong Realtys with Persia was made by Lord was.rather quiet, though small par- Parmoor on behalf of the Govern

Established 1912.

Head Of Hong Kong. Authorised Capital (ELK. Currency} $11,000,000 Paid-Up Capital permetten

Reserva Fund

PHANOTES:--

Carson, Shagbal, Hankew

CORRESPONDENTS

1,685,800 1,100,000

...

ខ្លួន !

"10

making a conter for 1030) ... Feb. 97, 81 190 eta, în oli) for year

Acta on new

June 18, 31 $4 for 1990;3 Feb. 15, 81

Sep Til 54 in. afo pr. 36-XI,

Dea. $2.50 for 1830 --

Dmc.

Dec: $15 for 100

$25 div.

20

... $921

Peruling

W

Dec. 18, 30

214

Mar. 18, 01

Do

M

... 19

Jua Nana

#++

11

Dec.(Final

making 10%

fc 1030

Mar. 11, BL

18.80 Dec. 2. 0.00 for 1920s on themes

Feb. 15, 80

Sept

19-

on prateranca ahavox) Hobject to income tax...)

| Fab: 6; 81

Sandakan Light H.K. Tela. fully paid $52

part paid $881 Chins Busca.....Th s'pareTraction (Ord.p/

Industrials.

:B:;:igg ཙྪིཾaཎྜཾ ༔ ཡཝཱ

(Pret./.

... 0.70

***

... 09

Juls Nana

Pref....Th.

་་

Canton Terror *Cement (com.)

"

(old) .....

(ICW), ******

cels of shares changed hands at ment in the House of Lords last China Sugars mainl $14.10. Humphreys weakened a lit- night, in reply to a speech by Malabon. Bugars tle and were

on offer at $214. Lord Lamington, who called atten- Cald: Macg. Ord....Th.

of the mono- Cotton Mills. Ewos were rather tion to the effects steady, business having been put poly established by the Persian fusion, Bangkok, New York and fan Fran through at T14/14.10 cash and Government.

T14.40 August.

Lord Parmoor said the Govern- Public Utilities-Trams Improv-ment desired prosperity and peace H. K. Ropes ed slightly and were put through in an independent Persia. Nego-

Stores, &c... up to $22.65 and there were further tiations had been proceeding for buyers at $222. Star Ferries con- some time with the object of con- Daly Farms tinued in request at $96. China cluding a goneral and. commercial Watsons

LONDON BANKENS 1-.

The Fly's Bank, Limited.

in a principal.allise of the War

Forage and banking business of

arery description inacted,

ate Depoels Bare (vatların sisse) në a goodly

rental of Crom $5 to $40.

LOOK POONG SHAN,

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

18!

Pipe!!

116

+

Mar. 4, 81

|| Mor. 27, 01 -

In Liquidatio Dec. | P«. 480 for 1990 m. Door 1030

(30 cents on eldfox 19 Mar. 18, 8L Dec.cento now

Dec.

15 cant for 1231,

| D20. | g1,30) for tr720, sementesí

Mar. 27, 811

Mar. 10,01

Oct. 75 onda for year 13-1-8 )

} Mar, 18,81

Apr. 80, 11

Feb. Laat dividend for year 1262-03

18

Feb. 2 for year 29.281 ........

ww

www

Chler Manager Lights were firm at $26. Hong treaty. A measure of agreement Der A Wings

Kong Electrics remained quiet at had been reached, and the Govern Lane Crawfords $82. Telephones (partly paid)ment were confident that if Persia Mackinushe could fetch buyers at 83814 with so desired, the negotiations could acc business done up to $38.

be brought to an early and suc. W. Powells

Miscellrasoak Miscellaneous-Canton Ices had ccesful end.

Exchange, control in Perala was buyers at $5.60. Cements were easter and changed hands at $204. unfavourable to British trade, and H.K. Amusement (old)$ Ch, Entertainment ...$ Ropes also eased off a little and the trade monopoly laws had placed

H..K. Constructions... were obtainable at $22. Dairy restrictions upon imports. Repro- were quieter. at 881sentations had been made by the Watsons were done at $16. Lane British Minister at Teheran on the fad. G.$ Bonds... 78%... Crawfords could be placed at $8.exchange regulations, and their ad H. K. Govt. Loan.. 33%

HEAD OFFICE:-Talpeb, Formosa. Incorporated by Special Imperial

Charter, 1899. ·!

Farms

-` Contral Bank in Formosa,... Bank-Noten suod àrezaga smount --Ten. 63,000,000 ANG BRANCHES AND AGENCIES ;) JAPAN --Tokyo, Yokohama, Jobs, Bunden, Lecounts FORMOGA -Gian, ag, Karenko, Keslang

Makong, Nanto, Shacklin, Zalaba, T, Sinceres ware.sought for at $15. Takao, Tamad, Ton, Helio, Talbo CHINA -Shanghal, Hankow, Anot Foochow

OTHERS

The Company offers to intending Travellers the use of its "Travelers Cheques" and Letters of Credit: and, in addition, the world-wide services of its thoroughly equipped Travel De partment.

Afiliated with

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

C. II. BENSON,

General Manager."

THE BANK OF EAST ASIA, LTD.

Established 1918,

BEAD OFFICE

10, Des Voeux Road, Central,

. HONG KONG

Over

Deaton.

Kong, Blagspor Bourabaya, Bombay.louisa, Sam Batavia, London, Tork, Dairen..

The London Cocaly Westminster and Farr's Bank.

The Bank has Correspondente, la, all the principal Commercial - Cessione, throughout 150 world."

OH LOVE HINDI, Hong Kong, 10th, Frossary, 13M);

B

(new)...

Jul

PTOM

Fabrents for your 2-3 June if, 1

(29)

Mar. 2.80 for year 11330 mona

Sept. 7,30

... 1171

9.90 Dec. 30 cents for 10$).t

***

Apr. 79, 81

***

**

Interest half yası)5..

Forward Settlement Days. July legislation of February and March *Speculative shares. "Sales to Shanghai. 28, August 25, and September 28.

CARROLL BROS.

verso effect on trade. Further

this year had brought all foreign

trade with Persia to a standstill.

The reason which the Persian

ditions of sharing traffic.

On Calcutta

On demand...

694

"On Singapore---

694

44

·603%

Tis. 79 1% dia

50%

(Bank'

Estimated Traffic Receipts: May,, Wire 2 Government had given for their 1981, 871,704. Hong Kong, June 26 trade monopoly was the acute Receipts: May, 1930, £466,279.

On Manila----- The June settlement was satis- economie crises in their country. Aggregate Receipts (January: to On demand.

1931,£2,009,447;|-|| 1930, |--

On demand factorily negotiated on Tuesday The British Government did not May); last, sincs, when the market has desire to embarrass Persia: If the 52,304,262 remained rather quiet in both the restrictions did not outlast the £22,000 must be deducted from On. Shanghai speculative and investment sec emergency, and if British trade the message receipts for May, On demand tions. Banks and Unions on the was not in practice to be handicap. 1031, in making a comparison with Dollars THE MERCANTILE BANK OF in rate of exchange have ped in meeting the competition of May, 1930, owing to changed con-

INDIA, LTD.

weakened and, as is the case with other countries-British Wireless ditions of sharing traffic. these two stocks, will fluctuate ServiceAME

HEAD OFVION:"

15, Arsendurola Biron, London, ECOL

Authorised Capital

£3,000,000 1,800,000 1,050,000, Roserve Fund and Rest 1,886,845

PROBANKERA 2j 3The Bank of Keyland '& Midland-Tak;@Lil~!

Subscribed Capital Paid-up Capital-

Bombay

Poes Leeds

ONCOS Xuala Zumyni

Bhola Hong Kong Kusalas Unbang), Bings;

**LKvary: dánsription of. Banking, sod

Trustee and

with the rise and fall of Exchange.

CABLE TRAFFIC.

DAN EXCHANGES.

TO-DAY'S QUOTATIONS. Ewo Cottons have remained

On London steady with, however, hardly any

-1/-% business being done.

W The Eastern Extension Austra Bank, wire ca

Bank, on demand: 17% Banka-Hong Kong Banks have lasin & China Telegraph Company: Bank 4 months sight 1/7/16. been...... negociated at $1,985 to Limited (associated withTM Imperial $1,990 and there are now further and International Communications, sellers at the latter figure. Bank Limited, Hong Kong Branch) hás of East Asia could probably be received the following from their placed at $128.60. MR200

Head Office, London -- InsurancesThere has been a substantial fall in Union Insur ancer, owing to the rise in Ex change to $550 at which rate shares changed hands and further sharea could be placed at this price. China Underwriters are intad at

Credits, 4 months.

sight Documentary, 4

months alght On Paris

/11/16

1/18/16

On demand

Credits,4 months

sightTM

840

680

£456.120.

Oa Berlla

On demand

Nom

Imperial & International Communications, Limited. Estimated Traffic Receipts: April 1981:

Rece

On New York

On demand

Orodita G60 days'

sight

On Bomb

288/16

On demand

On Yokohama

Sovereigns

buying rate), Silver (per oz.)

Barr Sliver In Hong

Kong H

13 7/16

% prem.

Copper Cash, Nom,

Copper Cents 8% prem. Rate of Native Int

Chinese Sub Coin 24% dis. Hong Kong Suk Coin Pari

LONDON EXCHANGES

Kugby, Yesterday

124.27 4.88. 15/82

84.9314

#26,19% 12.08 42.954.

Wire

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