7

BANKS

HONG KONG AND. SHANGHAI

BANKING CORPORATION.

Authorised Capinė

Isrued and Fully Paid-up

Hosatre Funds 1-

Bling

£ 6,000,000 $10,000,000

50.000.000 20,000,000

Bilva

· Bosurve Lishilily ́ef Proprietom...$20,000,000

HEAD OFFICE, BONGKONG,

DOARD OF DIRECTORS,

Ton Nr. 0. 0. 6. Nailde

CBAITIDAD.

S. . Dodwell, Esq.

Deputy Chairman.

Hon. Mr. W. II. R.

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

Incorporated by Royal Charter, 1853,

HEAD OFFICE: LONDON

Paid-up Capital

.£3,000,000

Reserve Fund

..£3,000,000

Reserve Liability of Pro-

prietors

£3,000,000

Agencies and Branches:

Alor 81.

Taita

Rangoos

Amritar

1peh

Falcon

Bangkok

Karachi

Bersarang

6. Hinile. Esq.

Batavia

Mang

Seremban

A. 1. Compla, FAQ,

K. B. Morrison, Esq.

Bombay

Elanghal

W. J. Kerviza, Esq.

T. E. Pestco, Esq.

Caletta

Kual

Canton

Lumpur

Cawnpore

Kuching

Cebu

Madina

Kingspor Skinwan Scurabaya Taiping

Colombo

Manila

Tertain

Ball

Medan

Tongkak

Haiphong

New York

(Bhuker)

Hamburg

Thing

Bankow Harbly

(Peking)

Yokohame

Zambrance

C. C. Knight, Eng.

AMOT

BANGKOK

BATAVIA BOMBAY CALCUTTA CANTON CHEFOO COLON 30 DAIREN FOOCHOW BAIPHONG KAMBURO TIAN ROW HARBIN BONGKEW 110110

IPOH

JOHORE

ROME

KOWLOON

V. M. Gryburn, Erg

Chini Manager.

BBANCHES-

LONDON

MALACCA

LYONS

MANILA

MUKDEN

NEW YORK

PEIPING

MBAR (en)

PENANO

RANGOON

SALOON

SAN FRANCISCO

KUALA LUMPUR

SHANGHAI

SINGAPORE

SOURADAVA

SUNDEL PATANI,

TIENTSIN

TOKYO

19 NOTIO ХОКОНАМА

Current Amounts opened in Local Currency and Feed Depota merived for one year of aborier perinals in Loral Company and Acerling on forms which will be quoted on application Bong Kong. 18th April, 1934.

Peban

Färviga "Enchangu and General Banking business transacted.

Cerent Accounts openad, and Flaed Deponita received for ses fur or shorter wisich will be quoted on septies at rates

W. H. E. THOMAS,

Acting Manager. Hong Kong, 20th February, 1934.

THE BANK OF CANTON, LTD.

Extablished 1912.

Head Office:-Hong Kong,

Authorised Capital

Paid-up Capital

Total Resources

€11,000,000 8,855,000 82,170,492

Branches: Canton. Toishan, Shanghai,

Hankow. Bangkok & San Francisco. London Bankers: Lloyds Bank, Ltd.,

Foreign Exchange and Banking

HONG KONG SAVINGS BANK. business of every discription trans-

The Hun tử the bore Tank is conduct. be the HONO RONA AND RANGIAT BANKING CORPORATION. les may be eblained or application.

FOR THE HONG KONG AND EHANGHAI BANKING CORPORATION

V. M. GRATOURN,

Chin Manager.

Hong Kong, 2 February, 1984.

THE BANK OF EAST ASIA, LTD.

Autherland Caplial

Paldur Capital .....

There's and Undivided Pete

.$15,000,000.00

02,414,000.00

HEAD OFFICE-BONG KOKO

12, De Ve Bond Central,

near OF DIRECTORA

Six Sin Chew, Charnak,

14 Bron Chun. F... P. K. Kok, T., Wer

Tun Took Pa Clan Ching Shek, E.

Sane, Fag., Wong Chu Son, Eng, and Kan Ps, Esq.

En Tong Po. Eng.. Chlef Manager.

I. T Torg. Eng. Maunger.

DBANCHÉS AND AGENCIES (

Manila

10, Cuttin

fritle

Amoy

Badaria

Bombay

Sierrall

Semarang Shanghal

Caimuta Cardon

New York

Fingaporn

in

Talphone Πατέλον

Purta

Pulpáro

Honolulu Tote

Penet

turys Swaton

Tithou

Rancone

Tirntela

Kartoon

Falgor

Teken

London

San Francisco

Vancouter

Every decription

Yokohama

acted.

опс

Current Accounts opened and Fixed Deposits received for

year or thorter periods at rates which will be quoted on application.

Safe Deposit Boxes (various sizes) ¡for hire.

LOOK POONG KHAN,

Chief Manager.

SAFETY FIRST!

To Safeguard Your Valuables and Jewelleries.

Deposit them in a Vault

that is really: FIRE - PROOF BURGLAR PROOF DAMP - PROOF!

OUR SAFE DEPOSIT VAULT

Tan located on the Mezzanine Floor of VorjOur New building is Specially Con- structed to provide all of these Im- portant Qualities.

of Banking and Fachange

tuin meted. Loms one an approved securitiva

Curvent Accante opred

and Fixed Depoli seeland

in cal Currency

the ne

sumber period in Town and Poreign Ciemarina on hero which will be quoted Appliados.

541 Deposit Toes To Let

EAN TONG TO.

Hong Kong, Jet March, 1974.

You may obtain a Safe Deposit Box in this most up-to-date Vault_for your own use at a very moderate Ren- Lal

Inspection Cordially Invited, THE NATIONAL COMMERCIAL & SAVINGS BANK, LTD. Corner of Ice House Street and Des Voeur Road, Central.

THE

AMERICAN EXPRESS COMPANY,

INC.

Head Office:----65, Broadway, New York

Chist Manager.

Capital Surplus Керегиев

BRANCHES:-

THE BANK OF TAIWAN, LTD. (TAIWAN GINKO)

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

Charter, 1890.

Central Bank in Fron Bank Notes Lovund Average amount...Ven. 45,000,000

On and after August 15th, 1933, thej rate of Interest on Special Current Deposit will be at 29% pa. on daily balance and the rate for balance over $10,000 will be quoted on application. (Maximum rate-12%).

LONDON HANKER:

Barclayı Batık, Led., Lloyds Bank, 3rd, Midland "Bank, Ltd., Besfuiinster Bank, Ltd.

The Bank bas Corsoprodents in all the panelp? Commercial Contres throughout die world,

HONG KONG BRANCH:

K. SAGERA.

9. Des Vinux Rood Central.

Dog Yong, December 21, 1981,

Masinger.

Citusow HATALA lunalur

£6,000,000.00 2,087,112.60 1,995,628.31

Mexico City Nine Sopics Throu Parin Priping Paleena

THE CHINA - MAIL, TUESDAY, JUNE 12, 1934.

LOCAL SHARES.

Commerce and Finance.

TO-DAY'S QUOTATIONS.

The following is the list of local share quotations issued to-day:

Banks.

H.K. Bank, $1840 b.

28 n.

2

H.K. Bank (London), £180% n. Chartered Bank £161⁄4 n. Mercantile Bank, A. & B. Mercantile Bank C, E16 n. Bank of East Asia, $91 ea, Am: 0. Finance Corp., Sh. $20 n. China O. Fin. Ord., Sh. $4. China O. Fin. Prof. Sh. $5 p.

Insurances.

Canton Ins., $300 b. Union Inc., 676 n.

China Underwriters, $1 D. China Fire Ins., 3510 n. H.K. Fire Ina., $250 n. International Assce, $6 n.

Shipping.

Douglas, $40 n.

H.K. Steamboats, $9 n. Indo-Chinas (Pref.), $30 2 Indo-Chinas (Def.), 388 m. Shell (Bearer), 51/3 n. Union Waterboats, $11.10 .

Mining.

Antamoks, 69 cts. n.

Balatocs, $331⁄2 n. Bagulo Gold, 33 cta. b. Benguets, 32% 8.

Benguet Exploration, 20 cts. n. Benguet Goldfield, 20 cts. n. Big Wedge, 12 cts. n. Gold Creek, $3 n. Ipo Mining, $4 n. Itogons, $7 n.

Kailan, 20/-n.

Langkats (Single) Sh. $184 ¤.

S'hai Exploration, Sh. $4.80 n. S'hai Loans. 35% n.

Raubs, $15 n.

Venx: Goldfield, $7 n.

Docks, etc.

H. K. Wharves. 109 b, 110 s.

H.K. Docks, $15 n.

S. China Motors A, $2 n.

S. China Motors B., $8 n. Providenta (old), $1.86 n. Providents (new), 75, cts. n. Hongkews, (old) Sh. $305 n. Hongkews, (new) Sh. $300 n, New Engineerings, Sh. $5.20 n. Shanghai Docks, Sh. $133 n.

Cotton Mills.

Ewo Cottons, Sh. $11 b.

S'hai Cottons (old), Sh. $72_n. S'hai Cottons (new), Sh. $42 n. Zoong Sings, Sh. $131⁄2 m. Wing On Textiles, Sh. $54 n.

Lands, Hotels, etc.

H. and S. Hotels, 6.05 b, 6/6.05 8a. | H.K. Lands, 591⁄2 b.

S'hai Lands, Sh. $26 n. Metropolitan Lands, Sh. $14 n. Humphreys, $11.20 n.

1.K. Renities, $5.40 n. Asia Realtjes “A”, Sh. $140 n. Asia Realties "B", Sh. $20 n. Chinese Estates, $80 n. China Realties, Sh. $15% 0. China Debenture, Sh. $187 n.

Public Utilities.

Amsterdam Antwerp Ashem Ancien Benla Terlin

Naushay

Hemen

Hedeberg Interac Jerasutom

London

Link

Butterdam Kome hhabclas

H.K. Tramwaya, 211⁄4 b.

Luthe

Penk

Lagun

$16% n.

31

Tormina

Peak Trams (new), $7 n.

Monte Carla

Vienna

Tensee

Star Ferries, $101 n.

Clutch Montreux Milan

Yokolin

Zurich

Thruskels Celta Calcutie Calleen foloslas

Copenhage

titio Edinbangla Inred

Genr

וגEu

Southampton Kision Tirtein

Branches of American Express Com- pany in Principal cities of United States of America and Canada.

All classes of Commercial Banking| |Transections undertaken.

Personal investment accounts'

handled,

THE YOKOHAMA SPECIE BANK The Company offers to intending

LIMITED.

Established 1880

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

.Yen.122,750,000

Head Ore:--TOKOHAMA

Branches and Bigencies at:

Alexandria

Batavia

Berlin Bombay

Calcutta

Canton

Dairen (Dalny)

Nagánki Nagoya

New York Osaka

Paris

Peiping Rangoon

F Fengtion (Mukden) Rio de Jentiro

San Francisco

Hamburg

Hankow Harbin

Sextile

Semarang

Kong

Shangha

Hsinking Karachi

Bingapore Boerabaya Sydney

Kobe

London

Tiestain Tokyo Tsingtan Yingkow

Los Angeles

Manila

DR Mos

GETS Unturnet. allowed on. Gærent. As-

* Deposits received for fixad periods) at rates to be obtaigad on application,

6. KISHINAMI,

Hong Kong, 11th April, 1984,

Managar.

Travelers the use of its "Travelers Cheques" and Letters of Credit and, in addition, the world-wide services] of its thoroughly equipped Travel De- Įpartment.

C. H. BENSON,

General Manager.

YOU

ARE INVITED TO INSPECT OUR STOCK OF

ASIATIC, FOREIGN AND COLONIAL

POSTAGE STAMPS IN SETS, SINGLE, RACKETS, BAGS AND IN APPROVAL SHEETS,

GRACA & CO.,

Dealers in Postage Stampe, Philatelie Goods Picture Postcards, Religious Goods, Garden Boada,' & etc, NO, 10, WINDHAM STREET, P. O. Box. He. $20, HONG KONG,Į

NEW YORK STOCK EXCHANGE

LOCAL DOLLAR STEADY.

Silver Prices Decline.

The local dollar remains stendy, opening on demand to-day at 1/5.

Silver prices declined 1/16, closing yesterday at spot, 19.11/16 and forward 194.

The London on New York cross- rate, which closed on Saturday "at

WALL STREET

DISPLAYS A

FIRMER TONE

Rubber Market Enters

Upward Trend.

SILVER CONTINUES DULL

New York, To-day.

S. E. Levy And Co. And US$5.06% closed yesterday, at The New York stock market re: ||S—U.S.$5.05%, while the New acted well yesterday, consolidating A.O.F.C. Quotations. ¡York on London rate, which closed its gains. The silver market con-

at -U.S.$5.08% Saturday, tinues dull. closed at £U.S.$5.06% yesterday.

June 12.

The following quotations from New York have been received by Mesuri. S. E. Levy and Co, and the American Oriental Finance Corporation.

COTTON :-

Amer.

EXCHANGES.

t

NEW ADVERTISEMENTS ''

CUSTOMS NOTIFICATION.

THE OFFICES and STATIONS

CUSTOMS for Kowloon and Die- trict will be CLOSED to Publie Business on the 16th June, 1934, be- ing a Customs Holiday.

the CHINESE MARTTINOS

E. N. ENSOR,' Commissioner of Chiness, Customs, Kowloon and District. York Building, Hong Kong, 11th June, 1934.

Last To-day's

Industrials and rails were down 1.08 and .62 to 97.82 and 44.69, re-i spectively, while utilities and bonds declined 15 and .07 to 23.90 land 94.58, respectively.

commodity index dropped .04 to Allied Chemical & Dye .140% 130

984

The Air Reduction

Prics Price

904

06

TO-DAY'S QUOTATIONS.

On Tondon

T.T.

London

Oct

Close Opening 19.30

506

500 500 1231 1239 1237 Dec.... 1142

Noon

On demand

1/5 1/5

157.54.

was

505/

1234

Four months' sight 1/5% Credits 4 months'

1237

1234

sight

1/5%

On New York--

SILVER:-

On demand

3534

Sept... 4560 Dec.... 4594

4555 4500

4555

Credits 60 daya'

states:-

4584 4585

4585

sight

3738

On Paris-

RUBBER: Sept.

...1388 Dec.... 1423

On demand........

540

1301 1307

1864

1357

Credits 4 months'

1396 1392

sight

580

On India...

WHEAT:- Sept.

T.T.

941⁄4

90%

904

On demand

944

Dec.... 1014

101% On Shanghai----

On demand

109

STOCKS:-

On Japan:~

On demand

119

Smelt.

¡On Manila-

And

On demand

711⁄4

con

Ref

41% Auburn 364 36% Case

41

41%

30%

36

On Singapare.

Business Įshares being traded.

American Tel. & Tel...118 In their market report, Messrs. American Tobacco "B" White, Weld and Company, American Waterworks through their local correspondents, Auburn

Anaconda Copper Mining 10% Messrs. .S. E. Levy and Co. Bendix Aviation

Borden Co. "Stocks:-The market reacted Canadian Pacific

I. Case well, consolidating its gains and

Caterpillar Co. we would buy further an small Chase National Bank reactions,

Chrysler Motorspo "Bonds:-Both high-grades and Consolidated Gas of NY. 34 second-grades were slightly easier. Curtiss Wright

3% Du Pont de Nemours.. 20% Our opinion of the market is un-Eastman Ko changed.

"Cotton-Local selling cause)

Bond & Share 15% leasiness. Production in some mille Electric F

Power & Light is running behind their sales for General Foods

General

Electric enveral weeks. Investories are General Motors gradually being reduced and we Gillette Safety believe that purchases made on declines.

quiet, 750,000 American Smelting. 41%

American Can American Radiator

97

14%

34%

41

117

74%

734

20

194

15%

36%

30%

1812

10% 184

20% 25%

18%

15%

55

544

27

26

29t

28t

4374

42%

324

3

88

Kodak

98 Electric Autolite Co.... 23%

024

28

16%

6%

21

2014

33

32

38%

32%

11

103

be Gold Dust

20%

201

Internat. Harvester

38%

32%

55%

65

35

On demand.....

60

Internat. Tel. & Tel.

13

เน

13%

07

BY

964

Du Pont 90%

804

90

On Batavia-

32%

32%

E. Band

On demand

62%

28

20

& Sh. 15%

15%

10% On Saigon—

36%

36%

General

On demand

54

284+ 23%+

Motors 33%

33%

334

334

Int. Tel.

On Bangkok---

15%

15%

& Tel. 13

12%

12%

13/4

On demand

130%

McIntyre

Bovereigns bank buy.

17% - 17%

Porcu

49%2

ing rate

1/5%

31% 30%

Montgo-

mery W. 28%

28%

284

Bar Silver per oz.

19 11/16

(

74%

44%

Nat. Distil

lern 26%

26%

26/

26

IN, Y.

Bar Silver in Hong

Kong Copper Cash

43%

16%

1034

.... nom.

20%

2012

11

11%

Central 31

30%

30% Copper Cents

Secony

Vacuum 10%

1014

164

Un.

Air-

craft 22

21%

214

.... 1% prem. Rate of Native Interest 3% p.a. Chinese Sub, Cola... 81% dia. 21% Hong Kong Sub. Coln par.

404

Texas Corpn.

26-%

25%

E. A. Pierce Co's Report.

Trans-America

04

6%

Union Carbide & Carbon 42

41%

.124 123

U.S.

Steel 4244

41%

42%

Westing.

37%

LATEST SHANGHAI QUOTATIONS.

22

214

54 64 42%

41% 37

house 30% 30% 36%

London Market Reporte

SILVER:

"Rubber:-The market is enter Liggett & Myers “B”

ing the upward trend, although re- Loew's Inc. actions caused by profit-taking and National Biscuit unexpected economic developments National City Bank are always possible.

National Dairy Products 18 17%

"Wheat:-Nervous, Much doubt Otis Elevator exists as to whether recent mois-Pacific Gas & Electric

Packard Motors ture will be able to save & large Pennsylvania Rly. part of the crop, since Winter Radio Corpn

Rain Scars Roebuck

wheat is so far advanced,

in many parts at this time will do Socony-Vacuum Corpn. more harm than good, We con- Standard

dard Brands |Standard Ga

tinue to recommend purchases on Standard Oil Co. of N. 46 recessions."

Messra. E. A. Pierce, through Union Pacific

their local Correspondents, the United Aircraft & Trans- |American Oriental

Finance Cor-United Carpa

port poration, state:~---

United States Steel "Stock:-There was quite a little Westinghouse E. & M.. 30%

BID-t. (profit-taking, but the market seem- The following quotations were ed to be largely professional and Spot 19-11/16 China small sellers received to-day by Messrs. Elle we think that prospects are good.

and Edgar through their Shanghai Many are still waiting to learni agents, Messrs. S. E. Levy & Co. when Congress will actually ad-f

Lands, $26.

journ. Trams, $45. Ewos, $11.10.

Quiet

Forward 18-3/4. Gold: 137/0%.

London/New York (2 p.m.) 606-3/16

WHEAT:-

July (1 o'clock) 4/9-1/8.

COTTON:-

July (1 o'clock) 6.44.

RUBBER:-

July (Opening) 6-11/10 sellers.

Shanghai Cottons, $75 (old), Shanghai Cottons, $42 (new). Shanghai Docks, $150. New Engineering, $5. Langkats (Single), $18. Gold Bonda, 8802. Kallans, $16.

6-8/18 buyern,

LATEST QUOTATIONS

New York, June 12. The following quotations have been received by Mesars. 6. E Levy and Co. & the A.0.F.C.

June 3.

Trams (old). Ex. div. New York Cotton: Closing

July

October

Yaumati Ferries, $224 n.

C. Lights (old) $8.70 b.

C. Lights (new), $8.80 b.

H.K. Electrics, $721⁄4% b, $723⁄41⁄4 5,

72% 84.

Macao Electrics, $25 n. Sandakan Lights, $8 n. Telephone (old) $241⁄2 b. Telephones (new), $123⁄41⁄2 s. - China Buses Sh. $18.20 n. S'pore Tractions, 5/- a.. Singapore Pref., 18/10 m.

Industrials.

Malabon Sugars, $12 n. Cald: Macg. (ord), 8h. #21 ni Cald: Macg. (Pref.), Sh.$19. Canton Ices, $2.70 n. Cementa, 24 n.

H. K. Roper, $4.80 8.

Stores, etc.

Dairy Farms, 201⁄2. n. Watsons, $6% n.. Der. A. Winga, $1 n. Lane Crawfords, $4.80 m. Mackintoshs, $21 n. Sinceres, $8.80 Ex. div. b. Wm. Powells, 70 eta. n. Wing On (H.K.) $102 m.

Miscellaneous.

HK. Amusementa, $4 n. Entertainments, $7% n... 6.C. Enterprises, $14 n. United Theatres, Sh. $2 n, Macao "Greyhounds,” $2 n.. Constructions (old) $1,65 1,, $1.70|

December

January

March

May (1935)

Spot

New York Silver:

June 11. Opening Closing Change 12.06/07 12.13/14 11.98/99 .08 down 12.80/81 12.38/40 12.21/22 .09 down 12.42/42 12.48/49 12.33/83 .09 down 12.47/47 12.53/54 12.39/39 .08 down 12.57/58 12.64/64 12.50/50 .08 down 12.66/66 12.78/73 12.59/59 .07 down 12.25

12.25 .10 up

45.44/45 45.33/38 45.83/35 10 down 45.80/60 45.55/55 45.51/55 .05 down 45.71/71 unquoted 46.61/61 .10 down 45.94/94 45.84/85 45.83/89 11 down 46.04/04 unquoted 45.95/95 11 down 46.25/40 unquoted 46.19/19" 21 down Total Sales:--31 contracts

47 contracta New York Rubber:

· July

July

September October

December

January March

September

October

December

January

18.59/59 18.40 Bid 18.86/36 .23 down 13.88/88 13.61/64 13.64/65 .23 down 13.99/99 18.74/75 18.76/76 .23 down

14.21/23 18.07/14 13.98/99 24 down 14.35/35 14.10/13 14.15/15 .20 down

874 contracts

Total Sales:-235 contracts. Chicago Wheat:

July

98 98% 98%/98% 98%/98% 0% up. September 09% 93% 99%/99% 99%/99% 0-1⁄4 up December ...

10141014 101/101% 101/101 unchanged Total Sales:-30,000,000 bushela. New York Bilk:

July September December

1.21/21 0-1⁄2 down 1.224471.23.0-% down 1.22/23 .0% down 1.22/1.28

1.22 1.22

1.23 1.28

1.23 1,23%

October Winnipeg Wheat:

July

77%

7814

0% up

October

794

80%

0%, up

December

804

814

0% up

New York Bugar:

July...

1.54

1.56

.02 up

September

1,61

2.63

.62

up

December

1.71

1.72

.01. Up

Chicago Corn:

July

54/55

$814

September Metals: M

$672/57/

554/55% 674/57%

New York Copper, Oct.

"June" 7 7.47

June 11 #7.60

Tio

Constructions (new), 65 cts. b. Ch. Govt. 5% 1025 G Bonds

8744% D

ILK. Gort Loans,

- prem, b.

Wallace Harpers, $8 0. Gold River, 28. n.

52.40

51.40

"Wheat:-The market was pure- ly a local one and outside interest was disappointing. New wheat is moving and hedging is increasing. Offerings on the Winnipeg market were 'light. Grass-hoppers till threaten the crop,

"Cotton:-Prices moved into

VETERAN OARSMAN

CELEBRATES.

"Father Rhine" Now Sixty-Five.

celebrated his 65th birthday last Simon Baum of Cologne, who

month, has rowed 22,803 miles on the Rhine in the last 10 years, that

new high ground early in the day, is, from his 65th to his 65th year.

This is about equivalent to cover- the advance attracting Southerning the distance between Bremen aales, realising and July liquida and New York alx times. Baum, tion. The weather is now more who is popularly known as "Father favourable and sentiment is reaching" because of his sweeping tionary,

white beard, rowed half of the dis- "Silver: The market is quiet,tance upstream against awaiting developments. An undis-

strong tlosed principal bought 22 out of 47 lots."-Reuter.

Latest Quotations.

The following quotations have been received through Messrs. S. E. Levy and Company and the American Oriental Finance Cor poration:

Aver. Aver.

current.

A

He was one of the founders of the rowing club at Godesberg on the Rhine.

STORM HAVOC OCCURS IN HSUCHOW

A heavy storm wrought havoc in Last To-day's Changes Hauchow recently, damaging

80 Industrials 88.90 97.82 1.08 down large area of wheat fields. Accord- 20 Rails... 45.81 4469 .62 downing to a Chinese message, the far- 20 Utilities. 24.05 28.90 15 down mers in Hauchow expect to reap 40. Bonds 04.65 94.58 .07 down only about four-tenths of their

Index ...

67.68 57.54 .04 down wheat crop

year after the Business Done: 750,000 shares. storm.

Commodity

this

S. E. Levy & Co.

UNDERWRITERS and distributorS

SECURITIES AND COMMODITIES BOUGHT AND SOLD ON COMMISSION DAILY NEW YORK STOCK AND COMMODITY SERVICE

Members:

NEW YORK COTTON EXCHANGE COMMODITY EXCHANGE, ÎNO. CHICAGO BOARD OF TRADE

CORRESPONDENTS FOR WHITE, WELD & CO. NEW YORK

7 ICE HOUSE STREET, HONG KONG

Tel. 80101: and 80103-

Tel. Address: Balco

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