BANKS
HONG KONG AND SHANGHAI BANKING CORPORATION.
0,060.000
Autherland Oupita $60,080), 100 Lored and Fully Paid-up Bessere. Funda 1–
Berling
cons # 8,500,000 $10,000.000
Bosures Lishlty of Propcolors vs. $20,000,000
HEAD OFFIOR: HONG KONG,
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.
incorporated by Royal Charter, 1853.
HEAD OFFICE: LONDON,
Pald-up Capital Reserve Fund
Reserve Llability of Pro-
prietors
.£3,000,000 .£4,000,000
.£3,000,000
Agencies and Branches:
ALOR STAR
Deputy Chairman.
KUCHING
MADRAS
W. H. Bali, Boy.
7. A. Plummer, Eaq.
BOARD OF DIRECTORA --
Bor. Mr. 3. 3. Peterson.
Chairman,
T. R. Pares, Bay.
A. B. Compton, Zag T. . B. Shaw, Eog.
Kew. Mr, 0. 9. G. Mankia. 1, P. Warren, Esq.
6. Miskin, Esq.
AMOY
MAVOKOS
SATAVIA LOMBAK
CALCUTTA
CANTON CHEFOO
COLOMBO
DAREN
V. i. Grazborn, ÅReq.
Onlad Varage.
BRANCHES ana
LONDON
SYONG
MALACOA
MANILA
MUAB (Jebore:
KURDEN
NEW YORK
PEIPINA
PENAKO
ПАНАСОН
BATOON
гOOCHOW
HAIPHONG
SAMBURO
SAN FRANCISCO
BANKOW
AITANUKAI
ЯARDIN
SINGAPORE
HONGTEX
KOUKARYA
SUNGEI PATANI
*POLI
TIENTHIN
IDEYU
TRINGTAO
JUHORE
KOWLOON
YOKOHAMA
Curtout douals opened in Laml Curring
4 Fired Depodia repaired for one your or shorter periods in Local Currency and Berlina sa berce which will be quoted on application. Hong Kong, 17th Helinuary, 1932.
HONG KONG SAVINGS BANK.
The wine of the store Daak in couémolad
DJ thì EDM IOND AND SHANGHAI BANK. ING CORPORATION. 'se may be obisicad ww pilosion.
FOR THE HONGKOND AND BRANDOAI BANKING CORPORATION.
V. M. GRAYDUEN,
Chie! Manage+
Hong Kong, 17th February, 1932.
THE BANK OF CANTON, LTD.
Established 1912.
Head Ofice:-Hong Kong.
Authorised Capitel (2,E. Curreasy) ... 1,000,000 Paid-Up Capital
BRANCHES :-
... 8,095,000 1,100,000
Canton, Shanghai," Hankow,_Bwulow. Bangkok, New York and Ben YFrancisco.
LONDON BANKERS :----
The Lloyds Bank, Idalled. CORRESPONDENTS
In all principal cítian of the World.
Foreign Exchtags and banking bamoses af
gry description transected,
Malu Daponik Beras (parlosa vinen) at a yearly
Tea of From #7 to 349.
LOOK POONG SHAN,
Chief Manager.
AMBITHAR BANGKOK BATAVIA
BOMBAY
OALCUTTA
DANTON
CAWNPORE
GEBU
COLONDO DAIREM
DELAI
HAIPHONG
ILOITA
HABUNG
HANKOW
ITABBIN
ONO KONO
KLAKO
KOOR
KUALA LUMPUR
TPOIL
KARACHI
KOALA KANOBAR
MANILA
NEDAN
NEW YORK
PEPING (Poking) PENANG
RANGOON HAIOON
REKARANG
BRAKHBAN
SHANGHAI SINUPORE HITIAWAN ROUBADAYA TAIPING
TOKYO
YOKOHAMA
THE
CHINA
MAIL.
THECHO HONG BANK, LTD.
(Ratablished 1817.) -
HEAD OFFICE :—SING AFORE Hong Kong Branch: 13, Queen's Rd. €
Authorized Capital Straits $20,000,00€ Issued Capital
9,000,000
Paid-up Capital
#
A
4,000,000
Reserve Liabilities
4,000,000 2,687,000
of Shareholders. Sarpins
Branches. Azancles and Correspon dents in the principal cities of the world,
Every description of Banking and Exchange business transacted.
TAN ENG 1001,
Manage
THE NATIONAL CITY BANK OF NEW YORK.
HEAD OFFICE: 55. Wall Street, NEW YORK.
Capital, Surplus and
Undivided Profits U.S.$226,347,406.11
Branches in:----
LONDON
MEXICO
TIENTSIN
ARGENTINE
TONGKAH (Bhuket)
BELGIUM
TSINOTAO
BRAZIL
PANAMA
ZAMBOANDA
CHILE
PERU
CHINA
PHILIPPINE
General
COLOMBIA
ISLANDS
CUBA
PORTO RICO
DOMINICAN
STRAITS
REPI
REPUBLIC
INDIA ITALY
JAPAN
Foreign Exchange and
Banking business transacted.
Current Accounts opened and Fir.
ed Deposits received for one year or shorter perioda at rates which will be quoted in application.
J. STUART,
Manager.
Hong Kong, August 17, 1931.
NEDERLANDSCHE HANDEL- MAATSCHAPPIJ, N.V.
(NETHERLANDS TRADING ROCIETY:
BANKERS.
Retablished 1924,
Hong Kong Offer:-11, Queen's Road Content.
Authorised Capita ................................... Oxlidars 180,000,000- Pull-Up Capital ---------- Chudidary 80.080,000 Reserve Pad..... Builder 40,013,000-
Dead One --AMSTERDAM”. Easter Head Of:-BATAVIA, B-Bjarmasin, Bandong"
Djumber,
Disk Calcutta, Charison, jakarta. The Esqui", Jiddah, Кова Medan, Pilambang. Tota kongen, Prang, Bazgoon, BottarÈnın”, Famer Slangbel, Bingapore, Boera bais, Boerakarta (Bolo). Tegal, Tjilating and Walternden*.
• These ndoa hare Bale Deposit Bone to Lat
LONDON BANKERS —
NATIONAL PROVINCIAL, BANK LTD.
Correspondents all over the world. Danking Bul new of every description esasested.
A. STOKKINK,
Bong Kong, at December. 106).
THE
Kanager.
AMERICAN EXPRESS COMPANY. INC.
.U.S.$5,000,000 U.S.$1,572,464 U.S.$1,908,209
THE BANK OF CHINA. 行銀國中
Read Office:-65, Broadway, New York.
Reorganized October 26, 1928, under
Capital
special charter of The National Gov- erament as an
Surplu
Reserves
INTERNATIONAL EXCHANGE
BANK.
Subscribed Capital
.$25,000,000,00
Pald-Up Capital
Heserve Funds
.$23,710,200.00 Athan ..33,820,508,821
HEAD OFFICE: SHANGHAI
BRANCHES:--
Amaiardars Antwerp
Gende
Nic
Glasgow
Benie
Barlin
Biserlis
Bombay
Detro
Brusetia
Lisa Hamburg ELAWTO Interfokon Jerusalem Lide Londoa Liverpool LOCATE Lagano
Kaplan Piranus Furie TROADK Peking Palerm Rotterda Rome Hamboul Shangbal Southamploo
TUESDAY, MARCH 15, 1932.
HONG KONG STOCK EXCHANGE Opening Daily Official Quotations, March 15 1932.
NEXT SETTLEMENT DAY, TUESDAY, MARCH 22, 1932,
and
STOCK
| Buy Sell
Sale Nem, in,
B24 erw
TWY
Last dividend and, when paid
Commerce
Finance
THE WORLD FINANCIAL
CRISIS
SERIES OF CATASTROPHIC EVENTS.
Economic Effect.
Banka.
Hong Kong Bank .................
*
(Loo. Reg.)...L
Chartered Bank.......
Mercantile Bk., AKS,
C.
Bank of Asia..........$:
Insurances.
Canton Ins........
Unico Ina.
China Underwriter...$
China Fire Ins. ........
H. K. Fire Ins.......
Shippier.
In the course of his address to rapid change occurred, and a feel- and want of shareholders of Barclays Bank, ing of nervousness Ltd., on the occasion of the an-confidence led to very large with nual general meeting held recent-drawals of gold, mainly to France. ly, Mr. F. C. Goodenough, presid- but also to other countries, where
Banka were taking stepa to Douglase....... Ing, wald:-
H. K. Steamboats ...$ I will now refer to the long strengthen their liquid resources. series of catastrophic events which As a result of these losses the Indo-Chinx (Peel.} (Def.) occurred during the past year in Bank Rate was raised to 4% per
by July 30 last.
The in- Shell Bearer many widely different parts of the cent. World, and to the effect which ability of the Reichsbank to pro- Union Waterboat they have had upon the general vide exchange for the repayment
Mining: economic situation and upon the of German commercial and finan- SETTLEMENTS conditions in the London Money cial foreign debts, which eventual Benguets ... URUGUAY VENEZUELA
Market. There have been bankingly led to the coffclusion of the Kailan Mining Ad. ■/- fallures in many countries, the Moratorium for short-term obliga Langkau (Single) ...Th. Commercial and Travellers' Letters suspension of payments by Gov- tions, had the effect of holding Shai Exploration...Th. of Credits, Travellers' Cheques, Bills ernments, currency and credit dif-back payments due from Germany. Loans ....Th. of Exchange and Cable Transfers culties, and in more than one in the ordinary course of business, Raubs ........ bought and sold. Current accounts
the Bank.
We are also able to offer our Cus
1465
...
1011 13
Dea. { F{ma! 43 1} \{5}=#41-74}
1 making & for 101
and Savings Bank accounts opened stance, a moratorium for the pay- The reaction of these develop Venezuela Girl Fields $ and Fixed Deposits in local and for- ment of commercial and financial ments on other centres, including
taken at rates that debts, besides other disturbing the shortage of money through the Docks, Wharves, eign currencies
Godowns, &c. may be ascertained on application to factors of a far-reaching charac-non-receipt of German payments,
ter. unprecedented in number caused a selling of sterling secur H. K. & R. Wharves..$ ities, which always have a ready . K. & W. Dock........$ tomers the services of the Branches and magnitude, of the International Banking Cor- So far, however, as the London market, and the consequent fall in South Ch. Mours (A) $
(B poration la Spala and also of The Money Market is concerned, in the the price of British Government China Provident (old) 4.5 National City Bank of New York first half of the year, money was, securities was probably one of the
(new) (21 (France), S.Ă, in Paris and Nice.
on the whole, plentiful and the reasons for the lack of confidence Hongkews ............ Bank of England Rate, which, at in sterling, which was accentuat N. Engineerings...Tis, the commencement of 1981, was 3ed by the serious budgetary posi- Shanghai Docks .....Th. par cent., was reduced in May to tion disclosed by the Report of the Landı, Hotels & 22 per cent., whilst the Bank of Committee on National Expendi-! Buildings, THE BANK OF TAIWAN, LTD. England's stock of gold was sub-ture. An attempt was made by H.K. & S. His. (old)$) In July,
the British Government and the 2
Bank of England to strengthen the H.K. Lands ..... position of sterling with the help | Shanghai Lande of credita arranged in Paris and Humphreys New York, but, ultimately, on Sep H. K. Realties tember 21 last, the Gold Standard Chinese Extates was suspended and the Bank of England Rate was increased to G
R. M. MCLAY,
Manager. Hong Kong, March 1, 1832,
(TAIWAN GINKO.)
HEAD OFFICE:-Talpeh, Formosa.
Incorporated by Special Imperia) Charter, 1899.
stantially increased.
EXCHANGES.
TO-DAY'S QUOTATIONS.
On London- Bank, wire
.
Contra! Beak in Forinowa, Bank-Notos and Avorage amount...Yen, 45,cou¿nu;
BRANCHES AND AGENCIES JAPAN:-Toyo, Yokohama, Kobe, Durka.
1/4 % FORNOBA :-Virus, Бері,
Karanto. Keelung Bank, on demand ... 1/4 % Wakong Nanto, Shinchiku, Trichu, Tal Bank, 4 months' sight 1/4
imoy, Foorhow, Credits, 4
Tikan, Tamaul, Toon, Hello, Talta. CHINA-Shangbal, Hankow,
Bwatow, uk.
OTHERS-Bang Xu, Singapore, Salvaja, night
Bemarang Batasia, Bombay, London, New Documentary, York, Butres.
LONDON BANKERS:
Barclays Bank, Ltd., Lloyds Bank, Ltd., Midland Bank, Ltd., Westminster Bank, Ltd.
The Bank as Cerrespondents in all the principal Commercial Centre Mughout the world. K. NAGURA.
HONG KONG "BRANCH:
B. Des Vour Road Central, Hong Kong. December 26, 1931.
་
||
(new)
..Th.
Cotton Mill..
per cent. with the object of check Evo Cottons ......Th ing inflation and any speculative
tendency in industrial securities. Shanghai Cotton......Th. Before the end of the year, how-Zoung Sings
"
any undue loss of foreign trade, H. K. Electric owing to the altered economic Macao situation. These countries include Sandakan Light
H.K. Tel. Elly paid $ Northern and Southern Rhodesia,
part paid $ Sweden, Norway, Denmark, Fin China Busca .................Tli, land, Portugal and Japan, whilst S'poreTractions(Ord.)/- | many parts of the British Empiro,
;:་་་དྷ་
:
#
179
Feb. 1. 2
Feb. 1341
Deo. Int. 7. b, to Y/Tax aje 1031 | Sep, 21, 1 Dea, Tas 7% je 1931 Iowa ISTNx... Sep. 5. Doc. for $30 most
(Interim $28/ 1900
Fin.br $10 for 192
Dec. Interim 24 1000
Final 101 for 1929)***
10 Deo. Nom
1850 Deo.
AL
1.
May IV, May 99,81
(Vinal to bana (3)
1650
Doc.
and 14 for 1929 – 333.
May 23,3
| Mar. 23, 5.
interis 85 Ajo 1031
160 and lion $10
.. 1260 Doo.making 30 for 1999.,,.
Ded. Liricornki tər 1924............
Deo. 1-50 for Note for uso... Maz. à ve
503)
R
148
132
41/8 Dec.
145
fish ok. 2-1 on preferred]] June 19, **
{ "for 1024 and 1995 ·
Deo. Last fividend for 192
Phal 116 Coupon No. July 6.3-
free 1/Tax afe 1950
Doc. 1. for 1834 1 100 dan
Mar. 81. 1
Fourth in a centarnival Dec, 1b, 91
free Wa Upon su
Deo. 80-June
14
for year 30-6-$1. Oct. 7.50 for year 31-10-30 ——
Dea, g
May 8, 50
12.10 Dee. None
m
19
30
Doo. fioul T.
making T. a,oo far 1220... Mar. 3rit lat. f Ado yanaj31-9-58 ...........!
Feb. 6, gi
Mar. 16 18
..
144 Deo for tops..COMPREHEN Deo. La divided for 15%..........
Mar. 10 39
12
Scenta on so
Doo. fie cinta on vaid for 19st...
Prading
ямо
Dec.
Intorio T. JU (94)
Oot. . 41
st
Dec. T. as for 1851.
Proding
poi
Apr.
for your 34-31
July 99, c1
... 181
13.44 Doo,
ཛྙྰ་དྷཎྜ།རྒྱ
Doc.
Dec.
Feb. 16, 82
ele.[Did}9Jets,(now)for IRL Proding Dec. Final taking $4 for fast
jinal T-6.30 bonus T-11
1 and 17-0.73 for 1951......... Pending
131.2) on old 1
130 cats on new for 1301... Feb. 29, 57 Dec. Fin, eta mak. 30 stk. for 159) Mar. 9, 31
Feb. Interim #1 n/a year 19-232y, Jan. 80, 19
16.00 Doo. LS1 for 101.
(Apr.
Predlag
And 7.25 for half year 11-19-... Deo. 81 Dot
140 cla on new 30-431 June 18, 31
20.80 Bapt. ss ets, for yes? NID-81-meter Dec. 3.0 for 1931 in the
Deo, Pinzi 6% waking 10% for 1281|| Mar. 9, 23
***
Tit
11
months*
1/6 %
4
months* sight
Un Parle- On demand
1/5 2
615
ever, the Bank of England was very helpful towards making com- fortable conditions in the Money Market by buying bills. Several other countries have since adopt-i
June 7.-80 for year GST Oct. 8, 31
Public Utilitias.
H. K. Tramways Peak Trams (old) ...$
20.00
16.60
Doc. Palicta, maklog Bi for 1931 Feb. 17.81
(new) ...
Apr. 180 ct. on all for year
tedits. 4 months'
sight
670
Viniger.
On Berlin-
On demand
Nom
ed a similar decision to ourselves Star Ferries and have suspended the Gold Yaumat Ferric ........ Standard, partly with the object China light (old)
(new)... of protecting themselves againat
69
189
1.83 for 13 however open the do
Feb. 11, 81
l'ec. 1. for
the
June 13, B1
Н
Dec. 81, 81
On New York-
Finding
20
Leo
On demand
24%
Credits, 60 days' sight 25%
41
Jups Nusa
On Bombay-
£16
Wire
89
Deo. T. 0.90 for 1999
Fb. 16,
On demand
89
(Prel./
14/Sept.
fik on preferencs shares}
Feb. 8, 1
On Calcutta---
Bubject to income tax.,“
Wire
89
On demand
89
On Singapore-
On demand
58
On Manila-
On demand
482
On Shanghai----
the currencies of which had been already based on sterling, follow- ed Great Britain. In many other Cald: Marg, Ord....is. countries the exchange regulations
Fref...."Th are so drastic that their currencies Canon kees............$ cannot be considered to be effec-Cement (com.)..... tively on the Gold Standard.
fold).......
Industrials.
Deo. P. 4.60 ur 1930
Malabon Sugars......
E
Mar. 1. DA
21
173
ཐ་་་ཅ་
14
Dec.
for 1950
Mar. 27,4!
LOI
Juty
蕊:
"
On demand
T74
Д
**
(new)......
Dollar
12% dis.
16
Dec.
***
rette for year 37-7-81k. P. 81
145 crata on old for 1981.... Pending
10.renta ou now
75 centrfur 1990 Mar. 27, B
British Empire Foreign Countries
.3 5.25
On Yokoham -—-—-—---
.$ 8.00
On demand
761⁄2
Sovereign (Bank's
buying rate)
Stories, &c.
during the past year, and I think į Dairy Farm
...... 281 that it may be regarded as a mat- Wations ter for congratulation that British Der A Wing) ............ Government securities did not Laar Crawford» (old).....$ 'n suffer an even greater depreciation
15
#7
{acw)
than actually happened, as the re-Mackinish Bult of the heavy sales that took Sincem.... place from abroad. There is no Wm. Powells doubt that the ready marketability Miscellaneous. of sterling securities throughout
$14.90
14.70
Dec.
+**
1.75 for 1881
· Oot. } 75 canta for year 61-20-30 Mar. 16,81
Feb. ↑ Lasi ilyidend for your 28-2-26
Mar. 3, 15
HONG KONG BRANCH:
4. Queen's Road Central,
Owing to our numerous branches in China and large connections in the important commercial centres of the world, we are able to extend to our clients special facilities for domestic and foreign banking and exchanges.
Burgo Air
Cairo
Calcutt Oezbee Colombo
Slegs pant 41. Morite Tiin Vlaan You Tokohama Barich
Marella Ominopla Monte Carlo Coporang Mandia Zálaburyh Munich Florenc
Montreux Mitso Congre Branches of American Express Com-
We also handle the issue of Bonda pany in Principal cities of United and other Public Funds of the Chin-
ge Government both at home and States of America and Canada.
abroad.
EHOU J. CHEN. All cinanon of Commercial Banking
Manager. Transactions undertaken.
Hong Kong, 5th March, 1981.
THE YOKOHAMA SPECIE BANK, LIMITED,
Established 1880.
Capital (folly paid-up) Yen 100,000,000
Reserve Fund
..Yen 117,300,000,
Head 'Qira:-TOKOHAMA.
Brancher und Agencies at:
alinadrin
Bataria
Berla
LURDER
"Changchun
Waffen (Dalny) Fanation (Makden)
Hamburg
Kobe
Nagasaki Nagoya
Newchwang
New York
Personal investment soconata handled.
The Company offers to intending:
FOR SALE.
Stanley Gibbon's Postage Stamps
Catalogues
for 1932
Whole World
.$12.00
GRACA & CO., Dealers in Portage Stamps, Garden Seeds, Picture Books, Toys, etc., etc.
No. 16, WYNDHAM STREET, P.O. Box No. 620. HONG KONG
Travelers the zeo of its "gydoll QUALITY PRINTING
Cheques" and Letters of Credit and, in addition, the world-wide services of its thoroughly equipped 'Travel Department.
E. W. DUGGAN,
Manager.
With Quick Service
THE NEWSPAPER ENTERPRISE LTD.
GUITAR MATI MADE. - BA-DIVIDENDE AT
THE BANK OF EAST ASIA, LTD.
Established 1918.
·HEAD OFFICE:
Parla
Pelping Bangoon
Alo de FamoËRO
San Franchen Benttle
'Capital and Burplus
Telal Resourem vedioes
Boaribaya
'Bydney
Thuitab
Tokyo
.Los Angeles
Entaries" (ARównturn. Current
sddita rešivoli Hər tuss
'rarles ito. be obtainad on
Hong Kong, 11th March, 1983.
-10, Deà Võéox Road, Contrai, HONG KONG
Lover: BL.$ 8,000,000.00 over $30,000,000.00 Every description of Banking and Exchange business transacted.
"Gdréent und. First Depost Accounts du local and for-
tisṣian “opanad-for-allenta....
ings Acment and Bafe Deposit Boxes. Branches" and "Agencies ait, over the world.
KAN TONG PO,
1/5 % Silver (per oz.) 18 7/16 Bar Silver in Hong
Nom: Kong Copper Cash ....... Nom. Copper Cents.
1% prem. Rate of Native In-
terest
... 34% p... Chinese Sub. Coln 29% dia, Kong Kong Sub. Con Par.
LONDON EXCHANGES
Rugby, Yesterday.
Paria New York Montreal
92%
3.63
4,07
29.90
18 32/32
8.99%
69%
Brussels Geneva Amsterdam Milan Berlin Stockholm. Copenhagen
15.20
18 9/16
18.15
18%
Oslo Vienna
82 Nom.
Prague
182
Helsingfors
217
Maria
47%
*110*
Athens
Bucharest
(285. ABOTY
Flo
The foregoing remarks give brief outline of the many diffi-H. K. Ropes mo........) culties which have been encounter-China Agriculture......$ ed and have had to be dealt with
this period of crisis proved a most H.K. Amusements ..$gu
|C. Entertainment (Old)$ remarkable and satisfactory fea-
(New)$ I think also that the
S., C. Enterprises strength, reliability and soundness | Macao "Greybounds” $
ture.
of the British Banks may be re-Constructions (Old) ...$ 51 garded as having been an import-
HA
Feb. £t for year 28-201
Apr. 80,4
... 8.30 Fr. cents of year ...} Jaße 17,31
Mar. for yen 318-3% Sept. 30, 81
151
15
10.
.. 10
444
VIT
(New)..$1.80
en- B. Ind. G.$ Bonds .....$
N+
abling them not only to meet the H.K. Govt. Loans ....34%
ant factor in the situation,
requirements of the crisis, but also
to stretch out a helping hand in
j
Dec. 80 cents for 1930 Apr. 9,0%
68
---
...
· Internet half yearly-man
many directions, both at home and and this understanding has un-barriers, full payment under the abroad, which was of immense ser-
AN INTRODUCTORY- HISTORY
vice to the country at that time,doubtedly produced a much better Young plan is clearly impossible of achievement and, therefore, any The immediate cause which feeling between them. There la Anal settlement must involve good- brought about this chapter of dis- certainly a great desire on the will and sacrifice, asters has been undoubtedly the part of the American and Franch fall in gold prices of commodities, Governments to endeavour to solve and It is possible that this fall the problems so as to meet the may now be checked as the result altuation and to help to restore of so many countries having been the World as a whole to a sound. I feel. antisfied driven of the Gold Standard. The economic basts, fundamental causes, however, are myself that It Is the desire of the to be found in the problems of French Government to co-operate tariffs and the payment of Wat in this important matter, although Debts and Reparations, which let they have naturally their own in- tör imust soon be ayam consider terests to consider. II France éð at an international Conference, should see her way to make, « ‘ges- In this regard, there is good ground ture to the World as great as that for hope, owing to the fact that contained in the Balfour Nate, it there is noizigmuch wider under would, in my opinion, lead the
and sprayelation on tas World a long way towards the ast “AG bivarana diska (Concerned, tlement of its économic problems: -British Wireless Serviss, of the issues which are involved; Having regard to existing tarif
Buenos Aires".
Montevideo
Borthy
Shanghai:
30/85782%
1/9 18/16 Hong Kong ladyAMAN
Chief Managér.
Silver Spot: 187/16 Silver Förvärr :=0×180/16-
part of
A. H. CROOK, ÓBK, WKAY, MA, SE
W. L. HANDYSIDE, MA. B.84.
PRICE $2.00
"NOW ON BALB-
PUBLISHER"