|:

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION.

Authorland_Capijal_pen Issued and Pully Pape

By Fund-

Sterling

Bilrer

150.000.000

21,000,000

£6,500,000

from $10,0×3,00

Beer flability of Propieturs$20,000,000 HEAD OFFICE: HONG KONG,

BOARD OF DIRECTORS. Lon. Str. C. G. B, Blackie Chairman,

H. II. Dodwell, Exj. Deputy Chair).

Hon. Mr. W. H, Bell,

A. LI. Campion, F

W. 4. Keswich, Panji se

D. G. Kilda, Bing,

AMOY

BANGKOK

DATAVIA

TODAY CALCUTTA

CANTON CHEFIRS

COLOMBO

DAIRES

POUCH W

HAIPHONG HAXBURN HASEOW HARGIN

HONGREW

ILOILO

iPutt

JOHORE

RQUE

KOWLOON

4. Maklo, Faq. TE

K. 5. Ray

V. M. Grayburn, Esq.

Chief Mager,

BRANCHES

LONDON

LANS MALACCA

MANILA

MUKDEN

NEW YORK

PRIPINO

PENANG

LASQOOS

SAIGON

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

Incorporated by Royal Charter, 1853. HEAD OFFICE: LONDON

JULY 12, 1934.

THE CHINA MAIL, THURSDAY, J

Commerce and Finance..

'LOCAL SHARES.

23,000,000-TO-DAY'S QUOTATIONS.

Paid-up Capital'

.£3,000,000)

Reserve -Fund.

ReserveLiability of Pro

prietors

Alor Star Amritsar Bangko

£3,000,000

Agencies and Branches:

Ilotto

Tang

Ipoh

Folgor

Karachi

Semarang

Eslavia

E44

Bombay

Risog Hob

Reprintso

*Skod

Calcutta

Eingupare

Canton

Bitin

Cawnpore

Kuching

Fourna

Geby

Minden

Taiping

Colombe

Siraita

Tiantia

Daih

Medan

Tongkah

([her}

Txint

Vaiohame

Zamboanga

:

SAN FRANCISCO

KUALA LUMPUR

SHANGHAI

SINGAPORE

DOURADAYA

SESALI PATANI

TIENTSIN

TOKYO TSINGTAO

YOKOHAMA

Current Acrania opouest in Irocal Currency and Fised Depot rereirad for one year or shorter period. In Lost Company and Herilor Do zrn which will be qunted on application. Bong Both April, 1938,

HONG KONG SAVINGS BANK.

The Business of the shown Bank is conduct

the HONG KONG AND SHANGHAI DASTING CORPORATION. Nies may be

obtained on application.

POR THE HONO RONG AND SHANGHAL BAKRING CORPORATON

Y. M. ORATOURN.

Chiel Manager.

Rong Kong. 3) February, 1931.

THE BANK OF EAST ASIA, LTD.

Rutberid Capital

Palup Capital...

........$10,000,000.00

$1,500,00

Bearer and Undivided Probl$2,454,6mm

HEAD OFFICE -BONG KONO

12, Vous Ront Central,

BOARD OF DIRECTORS:-

. Sir Show- Chaserma

Halphon

Sarbure

Hankaw

Harbin

*

Hank Kong

New York

Talping

(Pexing) Fenn

Foreign Enchange and Gazeral Bankleg burjomi ted.

Canbat Aroanta" opened” and Fixed Deposit received for, and yest or whorter perioda at mater which will be quoted an epellentían

W. H. E. THOMAS,

Acting Manager. Hong Kong, 20th February, 1984,

THE BANK OF CANTON, LTD.

Established 1912.

Head Ofee:-Hong Kong.

$11,000,000 8,855,000 32,170,492

Authorised Capital Paid-up Capitai Total Resources .. Bronches: Canton, Toishan, Shanghai, Hankow, Bangkok & San Francisco. London Bankers: Lloyds Bank, Ltd.

Foreign Exchange and Banking business of every discriptlor trans- acted."

Current Accounts opened and Fixed Deposits received for one year or shorter periods at rates which will be quoted an application.

Safe Deposit Boxes (various sizes) for hire.

LOOK POOKO SITAN,

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

Li Roan Chan, Eg. P. E. Kwok, Tag Won located on the Mezzanine Floor of Tun Tong, B., Char Chine Shok, Faq.. Li Lon

Rang. Faq.. Wong Chu Sea, Feg, and an Ting Our New building la Specially Co-

Po. Taq.

Has Tong Po. Eng., Chel Manager.

Ll Tre Fong, Kan. Menget

BRANCHES AND AGENCIES:-

ຕ່າງ

11oatin

Bettin

Batasis

Adam

Remar

DOTY

Shangh

New York

Bingspore

Dant

Bourabay

Swelow

Telping

bydney

Perian

Talho

Ekon

Tientsin

Takro

Hinets Lowian

San Francico

Calcutt

Canton Haiphong Hankow

Honolulu Robe

Vraved Yons Tokohama

Year drip of Banking and Exchange business tratarsed.

rin,

structed to provide all of these Im- portant Qualities.

You may obtain a Safe Deposit Box in this most up-to-date Vault for your own use at a very moderate Rep- Ital

Inspection Cordially Invited, THE NATIONAL COMMERCIAL & SAVINGS BANK, LTD.

Corner of Ice House Street and Dea Yotux Road, Central.

THE

Froene granted as appro AMERICAN EXPRESS COMPANY,

Current Arreante opaget, in "Tool Carrancy Pierd Deposite merived for one year or Local and Foreign Currences

abreter poich will be qected an application.

In terms

Bats Dp Box To Let.

J

KAN TOSO PO.

Hong Kong March, 1994,

Hong Kong. Dember 24, 1931,

LIMITED.

INC.

Head Office: 65, Broadway, New York

Chief Manager.

Capital

Surplus Reserves

$8,000,000.00

2,087,119.09 1,995,528.31

Mexico City Nier Naples

BRANCHES:---

Amsterdam Antwerp Alfre ARKURD

Пенел Blangor

Haviss Harburg

Inve

Ren

Genera

Plan Pagi

Pelping

l'alerino

The following is the list of local share quotations Issued to-day!

I

* Banks.

H.K, Bank $1770 b.

H.K., Bank (London) $134 n. Chartered Bank £16% n. Mercantile Bank, A. & B. 28 Mercantile Bank G, $15 n. Bank of East Asin $84 n.

UNCERTAINTY ON WALL STREET.

Inactivity Fails To Stop Advance.

- LITTLE TRADING POWER

SPECIAL TO-CHINA MAILA (By-Telegraph, Copyright, Telegra ph Messages Ordinance, 1894. B. .ceived July 12, 9.01 a.m.)

New York, To-day.

The market is uncertain due to

Am: 0. Finance Corp., Sh. $20 a. the absence of any concerted trading China O. Fin. Ord., Sh. 84 n.

China O. Fin. Prof. Sh. $5 n.

Insurances.

Canton Ins., $290 n.

Union Ins., $530 s., $582 58, China Underwriters. $1.20 b. China Fire Ins., -$510 n. H.K. Fire Ins., $228 b. International Assce. $6 n.

Shipping.

Douglas, $41% ni H.K. Steamboats, $7 n. Indo-Chinas (Pref.), $80 n. Indo-Chinas (Def.), $98 m. Shell (Bearer), $48/9 n. Union Waterboats, $12% n.

Mining.

· Antamoks, 60 cts. s. Balatoes, $32 b.

Baguio Gold. 42 cts. BB. Benguet Consolidated $32 b.. -Benguet Exploration 18 cts. b. Benguet Goldfield, 20 cts. n. Big Wedge, 12 cts. n. Gold Creek, $2 8. Ipo Mining $2.20 b.. Itogons, $5 s.

Kailan, $18/- B.

Langkats (Single) Sh. $21 n. S'hai Exploration, Sh. $5 n. S'hai Loans, $61⁄2 n. Raubs, $12.60 n. Venx: Goldfield, $7 n. Docks, etc.

H.K. Wharves $107. H.K. Docks, $12 sa.

5. China Motors B., $2 n. -

S. China Motora B., $8-n. Providents (old) $1.65 b. Providents (new), $50 cta, n. Hongkews, (old) Sb. $3221⁄2 n. Hongkews, (new) Sh. $320 . New Engineerings, Sh. $6 n. Shanghai Docks, Sh. $181 n.

Cotton Mills.

IMPROVEMENT

CONTINUES ON

WALL STREET

Big Demand For Bonds,

SILVER MARKET STEADY

NEW YORK STOCK

EXCHANGE.

EXCHANGES.

TO-DAY'S QUOTATIONS.

S. E. Levy And Co. And on London

A.O.F.C. Quotations.

4

Now York, Yesterday. The following quotations from Now York have been received by Mears 8. E. Levy and the American Oriental Finance Corporation.

Last New York, To-day-

Close Opening Noon ̄ ̄ ̄ ̄ ̄ ̄further-moderate-rise--in N.Y./London 5,04% 5,04% 5.04

Cotton Oct... 1281 prices occurred on Wall Street Deci yesterday. Industrials and ralls Silver Sept.

Dac. were up .60 and 01 to 98.67 and silk Doc. 44.19, respectively, while bonds Rubber Sept.

-Dec. Utilities. Wheat Sept 8815 advanced 15 to 95.09.

Dec. declined .09 to 23.72.

On T.T. and demand 1/5%

On T.T. and demand 97%

4 months' sight

1/6%

Credits 4 months".

sight

1/6%.

On New York-

On demand

87

Crédits 60 days'

aight

38%

*12.67

12.80

On Parle

12.79 12.82

12,95

On demand

560

. 48.00

- 87.18

Credits 4 months'

40,95

47.06

1.17

1,18b

sight

59212.

18.04

15.12.

15.13

On India-

16.43

26.50

15.57

03

On Shanghai-

8074

94%

· SUGAR BATTLE IN HAWAII.

S. E. Levy And Company's Report C. Corn Sept. 58

Dec. in their market report, Messrs. Wheat Oct. .. 78% S. E. Levy and Company, corres- STOCKS pondents for Messrs. White, Weld Amer. Smelt.. 42% power.

Anse Copper. 14% Favourable factors are the ability and Company; New York, state;

Auburn

*** 24 of the market to advance, despite "Stocks: We would limit any Balt & Ohio. 23 inactivity, the stronger tone, in further buying to minor reces-J. 1. Case 52 mo-Con Gas N.Y. 34 grains and cotton, and the improving jelons. Despite the further business reports.

derate rise registered to-day, we Du Pont..... 91

El Bo & Sh.15% Unfavourable factors are the bellove the market to be still a

32% Gen Motors weakness of distillery stocks due to trading offair. Business done 650, Int Tel & Tel 13

Mcintyru unrestricted September importations 000 shares.. Jand. the possibility of a technical{ "Bonds: The market for high- M. Ward

Nat. Distill sell-off soon-United Press, per S. grade issues was the best yet and!

N.Y. Central .29 E. Levy and Company.

there was a terrific volume of de- Soc-Vacuum 18 mand Enquiry for second-grades Stan Oil NJ. 44% Un. Aircraft. 18% was fair.

"Cotton:--Spol houses, specul-U.S. Steel... 40% aters, and Japanese Interests were large buyers. We continue to. ad-

The following quotations from Lon-Rate of Native Interest 3% p.a. vise the taking of profits on any don were received last night between Chinese Sub. Coin .... sharp

advances, anticipating the hours of 8,80 p.m. and 10.80 p.ro. Hong Kong Sub. Coin par. Isomewhat lower prices later.

60%

On demand.... 110

5816

61

| On Japan:-

B0%

On demand

123%

On Manila-

42%

42%

14%

16

On demand

78

25

24%

On Singapore.

23

On demand

622

52%

5814

On Batavia--

344

On demand

544

92%

15%

15%

On Sulgon-

-32

322

On demand

13

On Bangkok-

504

50%

50

On demand

1264

28%

20

294

23

234

21%

2012

29

ing rate

1/64

10%

16

Bar Silver per oz. ... 20 11/16

44%

44%

Bar Silver in Hong

18%

19

Kong

nom.

40%

40%

Copper Cash

дом.

West E. & M. 37%

38

87%

London Pricea.

Copper Cents

1% prem.

30% dis.

Lart Close

U.S. Counsel Leaves For Test Suit.

SPECIAL TO CHINA MAIL. [By•Telegraph, Copyright, Telegra- |phic Messages Ordinance, 1895, Re- |ceived July 12, 801 am.)

Cleveland, To-day.

+

London Silver Spot 20-9/16 and For-) ward 20-11/18.

India bought

Speculators bought.

and sold China sold. Market steady.

London Gold 138/014.

"Silver: The market is steady. and quiet.

"Rubber:-The market contin Jued strong on continued buying both by speculative Interests and The former Secretary of In-commission-houses. We still fa-p.m. rate). terior, Mr. Garfield, has left for vour purchases on any minor aet- Honolulu to become the chief coun-backs. sel in the contemplated Hawiian Sugar Planters' Associations suit to test, the constitutionality of the Jones Costigan Act.-United Press. per S. E. Levy and Company.

LOCAL DOLLAR STEADY.

Silver Prices Advance,

The local dollar remaine steady, opening on demand, at 1/5% this morning:

نیز دیگاره لا

(Qontinued on Page 6)

U.S. STEEL OUTPUT

Good' Demand For Car Production.

Sovereigns bank buy

WANTED

56

BOYS, GIRLS; AND London/New York Rate 5.04-1/8 (24 SALES

English and Chinese Knowledge assen- Liverpool Cotton-Oct. 8.56 (1 p.m. trial, previous Experience prefered. price).

Tailors. Apply personally. 52 Wyndham Liverpool Wheat-Oct. 5/- (1 p.m. St. (1st. floor) between 8 to 12 noon price).

jon Sunday. Rubber Oct./Dec. 7-3/8 London buyers, 7-1/2 sellers (Opening).

Last Record London Silver Spot 20-11/16 and] Forward 20-13/16.

Speculatora bought.

India bought

and sold China sold, Market steady.

London Gold 137/11,

Everything

London/New York Rate 6.04-1/10 (2gone.. BUT YOUR

p.m. rate),

Liverpool Cotton-Oct. 4.63 (1 p.m.) {price).

Liverpool Wheat Oct. 5/1-1/4 (1 Rep.m. price).

SPECIAL TO CHINA MAIL.. (By Telegraph, Copyright, Telegra- phie Messages Ordinance, 1894, ceived July 12, 6.08 a.m.)

London Rubber-Oct/Dec. 7-8/8 buyers, 7-1/2 sellers (Opening).

Rubber-Oct./Dec.. 7-8/8 London buyers-Noon Market very steady.

London Forecast Of American Markets Wall Street is expected to continua firm, owing to the strength of wheat. Wheat: Prices are expected to make sharp to maximum advance re-bullish Government Bureau report. Weather conditions in Europe aro bullish.

Cotton: The market is expected to to higher in sympathy rule steady with wheat.

New York, To-day.. The journal, "Iron Age," places Both spot. and forward silver prices advanced, closing prices United States steel production at yesterday being 20 11/16 and 20 27 per cent. of capacity, due to an increase in Public Works Ad- 13/16, respectively.

projects' demande Ewo Cottons, Sh. $11 b.

The London on New York cross-ministration S'hai Cottons (old), Sh. $78 n.

rate, which closed on Tuesday at and an increase in automobile pro- S'hai Cottons (new); Sh. $42.-U.S.$6.03%, closed yesterday at duction resultant from price Zoong Sings, Sh. $11% n. Wing On Textiles, Sh. $68 m.

Lands, Hotels, etc."

H. and S. Hotels $5.85 8.

H.K. Lands $67% n. S'hai Lands, Sh. $27 n. Metropolitan Lands, Sh. $14 n. Humphreys, $10.30 n.

H.K. Realties, $51⁄2 n.

m.

-U.S.$5.08%, while the New ductions.

up

York on London rate, which clos- Steel producers are building ed at £-U.S.$5.04% on Monday, investories.-United Press, per S. closed at £-U.S.$5.04 yesterday. E. Levy and Company.

LATEST QUOTATIONS

New York. Yesterday.

The following quotations have been received by Messrs. 8. E. Levy and Co., & the A.O.F.C.

December

THE BANK OF TAIWAN, LTD. (TAIWAN GINKO)

.HEAD OFFICE: Taipeh, Formosa Incorporated by Special Imperial

Charter, 1899,

Central Bank in Formosa Dank Notes bugd Average amount. Yen. 45,000.000 On and after August 15th, 1933, the rata of Intereal on Special Current Deposit will be at 2% ps, on daily balance and the rate for balance over: $10,000 will be quoted on application. (Maximum rate-1%).

YONDON BANKERS:

Barclays Bank. Lid. Lloyds Book, Ltd Midland Bank, Ltd., Westminster Bank, Lid.

The Bank has Correspondente in all the principal Commercial Centree throughout the world.

HONG KONG BRANCH:

X. NAGUNA.

Kengar.

9, Des Vrat Road Central.

Beate

[Bombay Bretnen Braue

Cairo

Calcutta Caulier Colomba

Copenhagen jubila Edinburgh Fore

..

Heidelberg Interlaken

Jerusalem London Liverpool.. -Lazerne ».

Liigend LAK Marehe Monte Carlo Manila Muuleb Youtre 1

Alan

Botterdama Home Shanghai

Bingapore Tiental

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

All classes of Commercial Banking Transactions undertaken.

Personal investment accounts handled,

Peak Trams (old), $15 ¤. Peak Trams (new), $7 n. Star Ferries, $102

Yaumati Ferries, $21 b.

L

B. Light (old) $8.70 b., $8.80 a.

C. Light (new) $8.60 n.

H.K. Electrics $72 s. Macao Electrics, $25 m. Sandakan Lights, $8 n. Telephone (ald) $24% b. Telephone (new), $12 b. China Buses Sh. $13.20 m.

THE YOKOHAMA SPECIE BANK The Company offers to intending S'pore Tractions, 5/- n.

Travelers the use of Its "Travel Cheques" and Letters of Credit and, in addition, the world-wide servicos:

Established. 1880

of its thoroughly equipped Travel De- Ipartment. Capital (fully paid-up) Yen.100,000,000 Reserve Fund

Yen.122,769,000 |

Head Office: YOKOHAMA

Branches and Agencies at:

Alexandria

Hatavia

Berlin

Calcutta

Cantón

Bombay.

Dairen (Dainy)

Nagasaki Nagoya

Is it

New York

Osaka Paris

Feiplag Rangoon

Fangtien (Mukden) Rio de Janeiro

Hamburg

Hankow

Harbin

Hong Kong **Honolulu

San Francisco Seattle *****

C. H. HENSON,

General Manager.

Singapore Pref, 16/10% n

Industrials.

Malabon- Sugars, $12 n. Cald: Macg, (ord), Sh. $21 m. Cald: Macg. (Pref.); ShNo 191⁄4n. Canton Ices, $2.70 'n. Cements $2.72*sa. H.K. Hopes, $41⁄2-m.

Stores, etc..

Insured? ? Dairy Farms $26 n.

Insurance All. Classes LOWEST RATES - American Asiatic Underwriters Fed. Inc. USA. General Agents

Head Office

1

Hainking

Karachi

17, The Bund.

Kobe

Sydney Tientsia

Shanghai.

London

Tokyo

Los Angeles

Tsingtau

Manila

Yingkow

Moji

intarset allowed on current Ae-

Deposits received for fixed perioda

H.K. Office Asia Life Building Tel. 30234

Bring Your PRINTING

me rates to be obtained on application Problems to Us

KISHINAMI,

Manager.

Hong Kong, 11th April, 1884

---THE • NEWSPAPER: ENTERPRISE LTO,

BA- SWKRSAN

Watsons $5.40 n. Der. A. Wings, $1n.- Lane, Crawfords, $4.30 h. Mackintoshs, 321 n.. Sinceres $10.20 b. Wm. Powells, 70 eta, n. Wing On (H.K.) $108 b.

Miscellaneous,

H.K. Amusementa, $4 n. Entertainments, $7% n. -S.C. Enterprises, $1 n.

United Theatres, Shị $2 n. Macao "Greyhounds,” $2 n. Construction (old) $1.65-b Constructions (new) 70 cts. b. H.K. Govt. Loans, $8%% prem, b. Wallace Harpers $8-n.

Ch. Govt. 5% 1925 GBdɛ-

8874%

Gold River 281⁄2 cts. n.

Govt. Loan 1% prem.

December, ....15.43

January March

+

Total sales:-552 lots Chicago Wheat:

July

September December

93% 89%

94% 95 Total sales:-12,173,000 bushels

Chicago Corn:

July.....

*September

December

56% 60% 60% 58 61

€2 58% 61% 62% Total sales:-9,781,000 bushels Winnipeg Wheat:

July

"October

December New York Sugar: ma

July

September December

Total sales:-7,000 tons

New York;Silk:

Asia Realties "A", Sh. $140 n. Asia Realties "B" Sh.$20 n.

Chinese Estates, $86 b.

July 10. Closing

China Realties, Sh. $15

D.

Southampton

China Debenture, Sh. $187 u.

Public Utilities.

New York Cotton:

July

12.46

October

12.84

12.67 12.68

Training Vienos Vanira Yokohama Zurich

H.K. Tramways, $21.10 b.

12.79

12.82 12.81

July 11.

Closing Opening

'12.49 12.49 12.79 12.80 12.98 13.00 19.13 13.15

Change

0.34 up

0.36

0,36

12

January

12.85

12.87 12.86

18.19 13.20

0.35

March

12.94

12.95 12.96

18.27 18.28

0.34

rt

May (1935)

18.02

13.03 13.01

Spot

. 12.70

13.36 18.87 18.00

0.35

0.30

New York Silver:

September

46.90

October

46.85

46.83 47.09 46.95 47.02

December

46.95

47.05 47.05

January

47.25

unquoted

47.15 47.20 47.20 47.20. 47.35 47.35 47.47 47.47 / 0.22

0.30 up 0.35.. 0.40

March May

47.75

15

48.50"

49.90 asked Total sales:-11 fots

New York Rubber:

July

September October

14.78 unquoted 15.04 15.12 16.12 16.16 15.24 16.24 15.50 15.54 15.50 15.68 15.70 16.02 15.89 15.91

43.08 49.08 · 48.70 48,70 18 lots

14.86 14,86

0.08 up. 15.08 15.15 0.11 -0.07 16.23 15.29 15.48 -15.51 0.08 0.05 15.61 15.61 16.82 15.84 0.18 398 lots

0.93

1

0.10

78

"

87%

91% 82%

882 93

95

92% 92% 93% 93%

95 10,009,000 bushels

5

up

5%

'5%

76% 78 78 78 :79 80 794 -803-80

60% 60% 82. 62 62% 82% 7,957,000, bushels

88 83 26 up *84 84

85%85%

0%

up

.1.71 174

1,82

1.68 1.70 174 174 1.82 1.82

1.70 1.71 unchanged 1.75 -1.75 - 0.01 up 1.82 1.88 0.01 18,000 tons

July

September

1:12 1.121.12 1.17. 1.18 1.17

.1.181⁄2 1.15%

03

1.17 1.19.

December

1.17

117 118

sales

1.18-1.19)

114 lots

SAVINGS

RENT

FOOD

CLOTHING

01

HEAT

TAXES

WATER

Rubber: Prices are expected to ad-

vance.

Cinema, Notes

(Continued from Page 3)

"THAT NIGHT IN LONDON”... STAR-THEATRE

"That Night in London," now showing at the Star Theatre, is a

drama gripping

of дизредие, thrills, and comedy, with an ap- pealing romance interwoven in the adventures of a country bank clerk who comes to London for the first time.

Brilliant scenes In a London Night Club are shown, in which a picked chorus of Max River'a girls execute some clever dances."

Robert Donat and Pearl Argyles are in the leading roles, while others in the cast are Miles Man- der, Graham Sutton, and · ·Roy Emerton.

| M

CHITS

SAVINGS

SAVE SOMETHING-

START NOW

UNDERWRITERS

SAVINGS BANK

FOR THE FAR EAST,

INC.

Anfa Life Building, Hong Kong.

Tel. 30234.

S. E. Levy & Co.

UNDERWRITERS AND DISTRIBUTORS

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

Members:

NEW YORK COTTON EXCHANGE COMMODITY EXCHANGE, INC.' CHICAGO BOARD OF TRADE

CORRESPONDENTS FOR WHITE, WELD & CO., NEW YORK

7 ICE HOUSE STREET, HONG KONG

Tel. 80101 and 30103.

Tel. Address: Belco

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