BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION.

Authorised Capital Led, and Fully Paid-up Bora Panda-

*-*-*-* $50,000,000 20,000,000

£ 6,300,000-

monos encome $10,000,000

Beserva Llability, of Proptintors $20,000,000

HEAD OFFICE: HONOKONO,

BOARD OF DIRECTORS, + lien. Mr. . . 5. Machio

Chabrina,

B. 1. well. Erg. Deputy Chairman.

Hm, Mr. W. X. Ilk. 4. B. Currpion, Fag

W. T. Sawick, Faq D.D. Knighi, Esq.

AMOY

DANGKOR

BATAVIA

BOMBAY

CALCUTTA

CANTON CUEFOO OPLOMBO

G. Miskin. Eva.

5. H. Morino Bag.

T. E. Postco, Ray,

V. K. Graguura, Esq.

*Chlef Blaunger,

EBANCHES:-

LONDON

LIONS MALACCA

MANILA

MUAH (Johor)

JUKDEN

NEW YORK

PEIPING

PESANO

BANGOON

DAIRER

FOOCHOW

HAIPHONG

SAIGON

HAMBURG

SAN FRANCISCO

HANEDW

KUALA LUMPUR

HARBIN

SHANGHAI

ILOILO

DONGREW

ΠΡΟΣ

JOHURE

CORE

KOWLOOX

SINGAPORE

COURABAYA

SUNDEI PATANI ·

TIENTSIN

TOKYO

TSINGTAO YOKOHAMA

·Curtant Accounts opoued in Local Currency

and Fixed Deposita received for one your or shorter periods in Local Company and ling # 147 which will be quoted on application. Hood Kong. 18th April, 2000.

HONG KONG SAVINGS BANK.

The Business of the above Thank conduct

ed by the HONO KONO AND SHANOITAT BANKING CORPORATION.

shielded on application,

Ilules say ba

FOT THE HONG KONG AND SHANONAL BANKING COWGRATION

V. M. GRAYBURN,

Chts Manager.

Hong Kong. 2015 Pebruars, 1984.

THE BANK OF EAST ASIA, LTD,

Authorised Capital ................$10,000,000,09 Paid-up Capital ... 6,399 160 je Besoere and Undivided Pro 12,474,000,50 :

READ OFFICE.:-HONG KONa

19, Das Your Rowd Central,

BAND OF DIRECTOBR.--

Bir Bhon son Chow, Chalammu

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA;

Incorporated by Royal Charter, 1858)

HEAD OFFICE: LONDON

Paid-up Capital

Reserve Fund

.£3,000,000 .£3,000,000

Reserve Liability of Pro-

prietors

«£3,000,000

Agencles and Branches:

Alor Star

Ileito

[langan

Amritsar

Ipoh

Saigon

Bachok

Kararki

ferent

Batavis

Капля

Beremes

Bombay

Kabe

Slangbal

Calcutta.

Kuala

Kingapore

Cantos

Lumpur

Sillawan

Cawnpore

Kuching

Bourscaya

Cabu

Madras

Taiping

Colombo

Muglin

Theusin

battl

Medan

Tongka

Haiphong

New York

(likeket)

Hamburg

Pelping

Trinzeno

Tankow

Tokob

Mattin

Tenaug

Zwboats

Hoat Bon

"Färdigs" "Exchange and Datara! Banking business; Transacted

Current Accounts opened, and Pised Diapoule) received for one your "be shariar perioda al, rains which will bu quòded on application.

W. II. E. THOMAS,

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

THE BANK OF CANTON, LTD,

Established 1912.

Head Office: Hong Kong.

Authorised Capital

Pald-up Capital

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

Total Resources. Branches: Canton, Telehan, Shanghai, Hankow, Bangkok & San Francisco. London Bankers: Lloyds Bank, Ltd.,

Foreign Exchange and Banking businoss of every discription trans acted.

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

Safe Deposit Boxes (various sizes) for hire.

LOOK POOND SITAN,

Chiel Manager.

SAFETY FIRST!

To Safeguard Your Valuables and Jewelleries. Deposit them in a Voult

OUR

that is really: FIRE PROOF BURGLAR - PROOF DAMP PROOF! SAFE DEPOSIT VAULT

Koon Chun, E., P. K. Kwok, Eng., Morlocated on the Mezzanine Floor of

Po. "Bag.

Ka Tong Fo. E Chiof Maregor.

Li The Fong, Fag'. Manager.

BRANCHES AND AGENCIER :-

Tun Tong. Eng., Chan Ching Shek, Eagan Our New building is Specially Con- Seng Ext. Wong Cha Son, Exq, and Ran Ting

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 Ren-| tal.

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

Looy

Batis Baby

Calcutta Centan

Ralpheor

Mauila Helbourne

Senitia

Exmaran

Nagunki

Rbanghel

Kew Yoch

Bistspor

ONA

Pario

Peipfog

tourabaya Below fydney Taib ku

Hankow

Honolulu

Robe Kowloon Loudes

Balgaon

Tionista

Tokja

Ban Francisco

VIBROUTET Takobama

THE CHINA MAIL, FRIDAY, AUGUST 17, 1934.

and

Commerce

Finance

LOCAL SHARES.

TO-DAY'S QUOTATIONS. The following is the list of local share quotations issued to-day:

Banks.

H.K. Bank, $1720 b.

2

H.K, Bank (London). £1351⁄2 n. Chartered Bank £154 n. Mercantile Bank, A. & B 431 D. Mercantile Bank C, 18% n. Bank of East Asia, $84 n. Am: 0. Finance Corp., Sh. $20 n. China O. Fin. Ord., Sh. $4 n. China O. Fin. Pref. Sh. $5

Insurances,

Couton Ins., $290 n. Union Ins., $6535 so.

China Underwriters, $1.30 n. China Fire Ins.. $510 n.. H.K. Fire Ins., $260 n.

Shipping.

Douglases, $40.65 n. H.K. Steamboats, $7 n. Indo-Chinas (Pref.), $30 n. Indo-Chinas (Def.), $83 n. Shell (Bearer), $47/6 n. Union Waterboats, $13% n.

Mining.

Antamoka, 60 cts. b., 60 cts. aa, Balatocs, $361⁄2 n.

Baguio Gold, 44 cts. n. A Benguet consolidated $40 n. Benguet Exploration 19 cts. D. Benguet Goldfield, 20 cts. a. Big Wedge, 12 cta. n. Gold Creek, $2 n.

Gold River, 24 cts. n. Ipo 'Mining $21⁄2 n. Itogons $ n.

Kailan, 23/6 n.

Langkats (Single) Sh. $21 m.

S'hai Exploration, Sk. 85 a. S'hai Loans, $6% n. Raubs, $18.40 'n. Venx: Goldfield, $7 ¤. Docks, etc.

H.K, Wharves, $113 n. H.K. Docks, $14 b.- Providente (old), $1.80 b. Providents (new); $50 cts. n. Hongkews, (old) Sh. $8121⁄4'n. Hoggkews, (new) Sh. 3310 n. New Engineeringa, Sh. $5 ́n. S'hai Docks, Sh. $118.n.

Cotton Mills. Ewos Cottons, Sh. $11 b. S'hal Cottons (old), Sh. $78%1⁄2 m baking traveted. Loan grauled on * AMERICAN EXPRESS COMPANY, S'hai Cottons (new), Sh. $48 n.

Every description of Banking and Exchange)

ecurities.

year of

Current Assounia, opened. In Toval – Curvaty

Fixed Depodlé, réodized for mor shorter periods in Local and Fereign Curreurlas to terms which will be quoted on application.

Bata Depo Doces To t

KAN TONO ro,

Hong Kong. In March, 1984.

Chief Maringer.

THE BANK OF TAIWAN, LTD.

Head Office:-Talhoku, Formosa, Incorporated in Japan by Speciał Imperial Chartor, 1899.

Central Bank of Formoss, Notes

issued Average amount Y.45,000,000.

Branches and Agencies. Japan:-Kobe, Osaka; Tokyo, Yoko

bama, Keelung, Makong, Nanto. Shoka, Sinchiku, Taichu, Tainan, Taito, Takso, Tamsui, Toen. China: Amoy, Canton, Foochow, Han-

kow, Shanghal, Swatów, Others: Bombay, Hong Kong, London,

New York, Singapore, Batavia, Samarang. Sourabaya, Dairen.

THE

INC.

Head Office:-65, Broadway, New York

Capital Sarplus Reserves

+

Zoong Sings, Sh. $11. Wing On Textiles, Sh. $55 s.

Lands, Hotels, etc.

H. and S. Hotels, $5.85 p.

H.K. Lands, $59 sa.

S'hal Lands, Sh. 825 n. Metropolitan Lands, 3h. $14 n. Humphreys, $10.40 n.

$6,000,000,00 2,087,112.69 1,095,628.81

BRANCHES

Milan

H.K. Realties, $511⁄2 n.

Nice.

Genoa Diasgow

The Hague Havana Hamburg

KATTS

Amsterdam Antwerp Athens

kaaust

Beale Bera

Bombay

BYLME

Brussole Cairo 'Calmulta Canber Golombo

Heidelberg Esterlaken Jerusalem

Landon

Liverpest

Lateran

Togeno

Bareilles

Monte Carlo

Manila

Murich

Montroux.

Copenhagen - Lexor

1ublin

Edi burch Fierace

Km/et Pious Yarla Puipios Pater mus Trilardan Borne

เบส ฟ Boolhempion Bingapowi Teatrin Taormina Vienna Valom Tokohama Zurich

Branches of American Express*Com-

On and after April 20th, 1934, the pany in Principal cities of United

rate of Interest

on Special Current States of America and Canada.

Deposit will be at 14% pa, on daily

balance and the rate for balance over)

All classes of Commercial Banking

$10,000 will be quoted on application Transactions undertaken. (Maximum rate—1%).

Y. OKNO,

Manager.

Hong Kong Branch

3. Des Voeux Road, Central.

་ ་

Personal investment accounts handled.

The Company offers to intending Travellers the use of Itu: "Travelers Cheques", and Letters of Credit and,

THE YOKOHAMA SPECIE BANK in addition, the world-wide cervices

¿LIMITED.

Established 1880

Yen 122,750,000)

Capital (fully paid-up) Yen.100,000,000 Beserve. Fond

Head Office:- YOKOHAMA

Branches and ukgencies at:

Nagasaki. Nagoya

Alexandria Batavis Berlin

New York OsakaTM Paria Pelping Rangoon

Bombay Calcutta

(Dalny) Mukden).

Hamburg Hankow Harbin

Stattle

Hong Kong Honolulu

Bainking Karachi

Kobe

London

Los Angeles

Blo Jo Jonelro San Francisco

Semarang

Shanghai

Singapore Secrabaya Sydney

Tientsin

Tokyo

Tsingtan

of its thoroughly equippod Travel, De- partment.

General Manager, ||

THE SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED. (Incorporated in China)

Capital paid-up: ..............$6,000,000. Reseryos

$7,000,000. Capital Bavings Dept. $500,000. Reserve Savings Dept, $600,000,

Head Office-Shanghai___.-.

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

Public Utilities,

NEW YORK STOCK EXCHANGE.

S. E. Levy And Co. And A.O.F.C. Quotations.

Now York, Yesterday. The following quotations from New York have been received by Mesars.

Financa Corporation.

Last

MARKET WAITING FOR NEWS

Fresh Incentive. Wanted On Wall Street.

STEADY MOVEMENTS

LOCAL DOLLAR STEADY.

Silver Prices Decline,

The local dollar remains steady, opening on demand this morning at 1/03

Spot and forward silver prices New York, To-day.. have declined B, closing prices Steady movement and small-yesterday being 214 and 21 9/16, est fractional gains are pre-respectively. dominating. In some quarters The London on New York croan- the opinion is given that the rate, which closed at SU.S.$5.07% market is in a position readily to on Wednesday, closed yesterday at respond to construuctive news. £-U.S.$5.07%, while the New York but little more than fractional on London rate closed at compared with U.S.$5.00% on Wednesday.

ATCHISON CO. REAP BIG PROFIT

S. E. Lery and the American Oriental gains scem indicated for the U.S.25.09, as

present.

The market's technical posi Close Opening Noontion is considered favourable. 5.07% 5.08% 5.07 The opinion is given that in the event of indications of Improve 1.15% ment of business in the Autumn

N.Y./London. Cotton Oct.

Dec. Silk Dec Rubber Sept.

Dec.

19.50 13,51 13.09 13.66

***. 15.88

.. 13.48

13.51

1.16 15.48 16.55 15.05

18.04 16.09

C. Wheat

Sept,

..101

Dec.

.102%

G. Corn Sept 75%

Dec.

79

103 104% 76% 97%

W. Wheat Oct 87%

87%

STOCKS:

Amer Smelt. 37

£8

Anae Copper 124% Auburn

12%

-204

1234 21

Balt & Ohio, 15%

Con Gas N.Y. 27% Du Pont

274%

1844 40/2 274

88

00

El Bo & Sh. 11% Gen Motors O Int. Tel & Tel 9k McIntyre

.... 472 Mont Ward 22 Nat Distill .. 19

11%%%

20%

11% 29%

10

10%

48%

22%

2374

19%

NY-Central 21

214

217

Soe-Vacuum .. 15

15%

15%

Stan Oil N.J. 44%

444

44%

Un Aircraft. 16

15%

154

U.S. Steel... 33% West E&M.. 31%

32%. 334

London Prices,

3. I. Case ... 39%

5.30 p.m. and 10.30 p.m.

+

New York, To-day.

many of the leading stocks look

The net profits of Messrs. Atchi- attractive around the present son for the first six months of 1934 levels,

were, U.S.$1,166,402 which is equi- There is little follow-up on the valent to 94 cents per share on pre- buying side. Traders are seem ferred stock, and compared with a ingly waiting for some fresh in loss of U.S.$8,610,692 for the cor- centive before increasing their commitments.

responding period of inst year.- United Press, per S. E. Levy and Company.

NICKEL COMPANY PROFITS

New York, to-day-The interna- tional Nickel Company for the

S. E. Levy And Company's Report In their market, report, Messrs. S. E. Levy and Company, corros- pondents for Messrs. White, Weld and Company, New York state:

"Stocks:-The market again i lacks stimulus and now faces a further dull period, with sagging first six months of 1934, shows a net prices. We would, therefore, con-profit of U.S.$10,012,642, as against tinue to accumulate. stocks only a net profit of U.S.$1,862,888 for the gradually. Business done: 610, arst six months of last year.

United Press, per S. E. Lovy and [Company.

"Wheat: Considerable short

000 shares.

"Bonds: High grades were 34% strong, with a fair demaind. Se-the remnants of the crop.

cond-grade issues remain Un- "The Securities Commission is changed. The following Quotations from Lan

in conference with the Federal don were received last night between covering early in the day and margins. It is believed that 45 Roserve Board regarding stock

Silver Spot 21-3/4 (Last close), more favourable weather caused 21-5/8 (Last record), 7/8 down some selling of Corn. We think (Change).

that the rain in the Corn Belt Silver Forward 21-11/16 close), 21-9/18 (Last record), 1/8 down came too late. Wednesday's sales:

Report:-America bought.-67.914,000 bushels.. China, Indian and speculatore bought "Cotton:-Crop reports are stili and sold. Market Steady.

Silver

(Lust

Gold 188/4 (Last close). 138/1

bullish. The Trade is nervous

were

per cent would be required.

Night Telegrams The following telegrams received by Messrs. S. E. Levy & Co. last aight from Reuter!-

Favourable factors before the opening of the market were:--

The market's technical position The

(Last record), 2-1/2 down (Change), over passible Goverqment action

London/New York Rate 5.00-3/4 on loan values and on the Pro-is considered favourable. (Last clase), 5.08-1/16 (Last record), ceasing Tax. .00-5/16 up (Change),

London/Paris Rate 76.28 (Lant stendy. close), 76.34 (Last record). .00 up (Change).

opinion is held that in the event "Rubber:-The market

was of indications of an improvement Trading in futures was in business conditions in the Au- light. Buyers of actual. rubber tumn, leading. stocks look attrac Liverpool Cotton-Oct. 6.94 (Last are not following advances. Buel- tive at around the present level close), 7.01 (Last record), .07 up nasa done:-56 lots.

The July of prices. (Change).

rubber consumption report is bet Unfavourable factors was: Liverpool Wheat-Oct. 5/8 (Last close), 5/10-1/4 (Last record), 2-1/4 ter than had been expected.

There is little follow-up on the up (Change).

The Department of Agriculture buying side and Traders, sem- London Rubber-Oct-Dec. 7-9/10 estimates the wheat production, mingly, are awaiting for some (Last clone), 7-9/16 (Laat record), un-plus the carryover, at 781,000,000 fresh incentive before extending changed (Change).

bushels, compared with 1,111,000, their commitments. London Rubber Oct-Dec. 7-5/8 (Last close), 7-11/16 (Last record),000 bushels, the average for the

The market is steady.

Mové- last five years. 1/18 up (Change),

ments are very small with frac- There are continued rains in tional gains predominating. A forecast from London on the prob the Mid-West, which are saving opinion is held that the market is able trend of the New York markets states:-

in a position to readily respond to any constructive news, but little

London Forecast

"Narrow Drovements are expected

NEW ADVERTISEMENTS

PUBLIC AUCTION.

HE Undersigned have received instructions to sell by Publi

Auction

ON

Tuesday, the 21st, August, 1994, commencing at 11 am. at their Sales Room, 4 Duddell Street.

A Fine Assortment of Ladies's Dresses, Hats, Silk Embroiderad. Shawls, Shoes, Gents's Ponged Pyjama Sets, Silk Lamp Shades, Fancy Bone Fans, and Sundries etc., etc.

On View on the morning of sale.

Terms: Cash on Delivery,

LAMMERT BROS..

Auctioneers.

Hong Kong, 17th August, 1934.

CENTRAL

THEATRE.

SHOWING TO-DAY DAILY 2:30, 5.16, 7.15, & 9.30,

It's

AGAINST THE LAW!

..."Against what law?" boasts "Ace"" Corbin, selling land-forbidden thrills on the gilded dacks of

GAMBLING

SHIP

A Paramount Picture with

CARY GRANT BENITA HUME

JACK La RUE

GLENDA FARRELL ROSCOE, KARNS

The

NEXT CHANCE

on Wall Street. The uncertainty sur-Government statementa concerning more than fractional gains seem

Cotton prices are ex indicated at present. rounding the Dollar is restraining crop damage. trading.

pected to be higher, Worth Street is "On the commodity markets higher doing a good business. Rubber prices. wheat prices are expocted due to the fare expected to be a little higher." -

LATEST QUOTATIONS

New York, Yesterday.

The following quotations have been received by Meairn. S. E. Levy and Co. & the A.0.F.C.

August 15,

Closing

August 16, Opening Closing

E. A. Pierce Co.'s Report In their market report," the American Oriental Finance Cor poration; correspondents for Messrs. E. A. Pierce and Company, New York state:

"Stocks: Industrial issues con- tinue to be relatively encouraging, but there is an absence of any fol Change low through. Opinions are very much mixed, with no one evidently.

Chinese Estates, $85, b.

China Realties, Sh. $15 China Debenture, Sh. 8187 n.

n.

H.K. Tramwaya, $21.15 b, Peak Trams (old), $15 n. Peak Trams (new), $7 n. Star Ferries, $1021⁄2 a.

Yaumati Ferries, #21

n.

New York Cotton:

October

13.48

18.56 13.54

C. Light (old), $83⁄41⁄4 bi, $8.85 95.,

$8.30 sa.

December

18.61

13.69 13.67

January

13.65

13.73 13.78

C. Light (new) $8,30 b.

March

18.78

18.86 18.86

May

18.86

13.98 13.92

July

13.01

13.98 18.98

Spot

15.60

18.40 18.40 0.08 off 13.55 13.66 0.05 " 18.61 19.61 0.04 18.72 18.72. 0.06 13.81.19.81 0.05 13.85 18.85 0.06

18.50.

0.10-

17

"

#.

#J

New York. Rubber:

September

15:48

16.55 15.59

October

15.60.

unquoted.

December

18.88

16.02 16.04

15.68 15.68

0:20 up *16.80 15.88 0.23

16.12.16.12. 0.24 **

January

16.00

'unquoted

March

16.29.

16.42 16.48

May

16.57 Total salés::

16.72 16.72

16.50. 16.51 16:78 16.80

0.25" 0.22"

0.28

330 lote.

September December

101

May

H.K. Electrics, $713⁄41⁄4” b. Macao Electrics, $25 n. Sandakan Lights, $8 n. Telephone (old) $241⁄2 s. Telephone (new) $11.80 n. China Buses Sh. $18.20 n. S'pore Tractions, 5/- n. Singapore Pref. 17/- b.

Industrials. Malabon Sugars, $11_n.

16.25 16.25

102 10284

101% 101% 0% up 1035% 105 105-108 108% 04 108% 108 109 106% 106% 0% Wednesday's sales:

67,914,000 bushels |Chicago Cornto

September December

May

Cald: Macg. (ord), Sh. $21 m. C. H. BENSON,

Cald: Macg. (Pref,), Sh.8191⁄4n.:|Chicago Wheat: Canton Ices, $2.70 n. Cements, $2.55 zi. H.K. Ropes, $4.60 n.

Storès, etc. Dairy Farms, $251⁄4 0. Watsons, $5.60 b Der. A. Wings, $1 n. Lane, Crawfords, $4.30 n. Mackintoshs, $21 m. Sinceres, $10 n. Wm. Powells, 70 cta. n. Wing On. (HK) 8108. n

Miscellaneous. H.K. Amusements, 84 n. Entertainments, $74 m. S.C. Enterprise, 81.10 b United Theatres, Sh. $2′ n. Macao "Greyhounds, 82-n." Construction (old); $1.80) ba Gonstructiong (new), 73 chén b

A Bank having as its missinn the Industrial development of China # and the fostering of her commer cial relations abroad.

Hong Kong office-7 Ice House Bt.

· Phone 31481-2-3°

U.S. BANK CLEARINGS

New York, to-day-United States

Total sales: Winnipeg Wheat:

October

88 *873%

875% December 884 8914887% May

92 92% 92% New York Suger:

September December March

75% 78%

75% 79 83%

764 76% 795 .80 88% 83%

25,888,000 bushels

78 78%

82 824

1.73 1.74 1.80 1.81 1.85 1.88

88% 86% 87% 87% 914 91%

∙1.74 1.75 1.81 1.82 1:88 1.87

1%

.0%

0.01

0.01 0.02

Total sales:

New York SikSOT

September

December February

118 1.124 1.121⁄2 116 116 117 1:10 | 1181⁄2 1.16

56 lots.

New York Metala:

KLK Govt. 8% Loan 834%

Algust 13

Wallace Harpers $7

Kanila

Yingkow

bank clearings last week amounted Chr Govt 5% 1925 G$Bde— Hoji Interest allowed on Current A to U.S.84.241,202,000, an against

U.S.$4,078,863,000 the previous

Deporits received: for fixed: rioda week, and U.S.$4,506,299,000 for the

rates to be obtained on appl

CZKISHINAZI

Houg Kong, 11th

|corresponding week of last year - United Press," per 8. F. Lavy and Compan

8895 2

H.K Govt. 4% Loan 7% % prema, stoppe

b

ཚོང་ང་

S

9,000 tons.

1.19 118 unchanged 116 1.16 1.161⁄2 1.161⁄2

August 16..

6.51

51.76

LANNY ROSS RADIO'S SINGING SENSATION IN

"MELODY IN SPRING”

A Paramount Picture:

willing to take positive positions. Is It Insured?

There is no particular news affect ing the market as a whole."

Insurance All, Clames LOWEST BATES

American Asiatic Underwrite

Fed. In USA. General Agents

"Grain: Prices are influenced by the strength of the forelim markets and advanced in the early part of the session, which attracted profit- taking. Fairly general rains in the Argentine brought some weakness. Head Office Trading was light and prices, were easily influenced.

The Winnipeg 17, The Band, market falled to reflect our early. Bhanghai strength, although there were (-:re- ports of a good export business. (Continued on Page 10)

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, INC. CHICAGO BOARD OF TRADE

CORRESPONDENTS FOR . EWELI CO., NEW YORK

ICE HOUSE STREET, HONG KONG

Tel:80101 and 80108

HX. Office

Asia Life Building

Tel: 30234

Telä Address}; Sales

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