BANKS
HONG KONG AND SHANGHAI 'BANKING CORPORATION.
Authorfand Sebitul
$34,000,000
Imed wed Fully Paid-up 20,000,000 Borys Fotola :--
Sterling Clivar
0.64x2, 12, K1A
Reserve Liability of Prequeletor$20,000,000 HEAD OPPICE: WONONONO.
BOARD OF DIRECTOR.
lion. Mr. G. 0. 5. Mackie
Chalm
B. . . Ex.
Deputy Chairisa.
Han, Mr. W. E. Rail.
II. Complan, faq
. J. Krs, Ha
D. O. Kolght, Eng.
AMOT BANGHOK BATAVIA BONDAY
CALCUTTA
CANTON
QUERO COLOST DAIREN
FODEINW
HAJPIOSO
НАМИСТИ
HANKIW
HARBIN
BONDREW
zrou
MAJLO
JOHORE
KODE
IUWLOON
4. Sinkin. Eng.
K.
1. Eto, Lty.
*
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.
Incorporated by Royal Charter, 1853.
HEAD OFFICE: LONDON
Paid-up Capital
Reserve Fund
Reserve Liability of Pro-
prietors
Agencies and Branches: .
THE CHINA MAIL, FRIDAY, AUGUST 24, 1934.
and
Commerce
Finance.
gbare quotations issued to-day:
Banks.
H.K. Bank $1735 b.
LOCAL DOLLAR STEADY.
The local dollar remains steady. [opening on demand this morning
at 1/64.
EXCHANGES.
TO-DAY'S QUOTATIONS. On London-
On T.T, and demand 1/6% 4 months' sight 1/636
sight
On Shanghai
On demand
On Singapore
..
1/7
}
}
LOCAL SHARES.
109
On demand
6434
.£3,000,000 ...£3,000,000
TO-DAY'S QUOTATIONS.
£3,000,000 The following is the list of local Silver Prices Unchanged. on deman
On Japans-
On.
128
Mor Bar
Iloilo
On T.T. and demand 101 On New York-
1
Amritsar
ipob
Haigon
On demand
Bangkok
Karachi
38%
Buria
King
Huretha
Murrison, Eeg.
Beinbar
Kobs
Filmogel
Calcutta
Kesala
Finge
Credita 60 days'
sight...
40
Cartoo
Lumpur
Sitiawan
Coopera
Authlin
Bourabaya
Cabu
Yadiat
Tolping
Colombe
Tishtin
Daktyl
31edan
Tongkah
Halpong
New York
1ker)
Painting
Tsingtao
Waskow
Yokohama
Herba
Trus
Zanim
months'
рившар по
577
607%
57%
77
On Bangkok--
On demand Sovereigns bank buy-
121%
ing rate
1/6%
21 9/16
V.. Ongaro, Esq.
Calal Manager,
BRANCHRS:
INDON
LYSH MALACCA MANILA
MCAB (Johor) MEKBEN NEW YORK
PRIFING
PESANO
KA SODON
NALGON
ads FastBiểu
KUALA LUMPURIL
SHASURAL
RISDATORE
ZOUBAHAYA
SUNGEL PATANI
YENİSIN
TORTO
TSUSTAD
YOROBAMA
Convit Account opened in Loral Currency and Fried Deponita Prewired for one year o shorter periode aŭ Local Corapray and Starling Corin work with be quoted in application, Hong Kong, 18h April, 1994.
HONG KONG SAVINGS BANK,
The Busines of the shore Itank is conduct-
ed by the BRONO KONG, AND SBANOBAI BANKINO CORPORATION. Bulan may
shline un application.
FOR THE HONG KONG AND RHANGHA
DANHINU CARPORATION
V. M. GRAVHUEN,
Chief Hanager.
Hong Kong, 21); Fohaumry, 1999.
Da
THE BANK OF EAST ASIA, LTD.
Authorised Capital
Fald-up Capital
Ben and Undivided Profe
$10,000,000,00
.................42,484,030,00
READ OFFICE: -UONA KONO
12. Das Vanat Bowd Central,
BOARD OF DIRECTORS |-
Sir Knewson Chan, Chainmai.
If Roan Chun, Bag, F. 8. Kwok, Inc. Wor Tun Tong F, Chan Ching Shek, Baq, at 10 Land Kay.. Hồng Lên Men, ty so bao sinh Po. Ex.
Amar
Balavi
Kan Tong To. Esq. Cluef Muunger.
Li The Fang. King, ManagET.
BRANCHEN AND AGENCIES :-
Mani Selamat
Brasile
betonnag
Burnley
Nag-ak
Naught
Calculto
New York
Singapore
Caslon
Daka
Sourabaya
Haiphong Hanko Basolulu
Parik
Ewalow
Zabe
Sovann Катствлять
Παλιότερα Prank B Surgut France
bydung
Talhoku
Tlapsein
Tokyo
Yencoura Yokohama
Every deverition of Banking and Exobwo Bu nagrim). Lomon guilted on approved
Daci|Pizzes.
Current Accounts
ir. Lot Curmey and Fine fogomita, exceived for mum year 20 shorter pestands to read and Foreign Currentles alem witch will be quoted on application.
Hals Deposit boxes. To ber
KAN TUNG ľu,
Chral Manager.
Hong Kong. Int Jéurch, 193.
THE BANK OF TAIWAN, LTD.
Head Office-Taihoka, Formosa, Incorporated in Japan by Special Imperial Charter, 1899. Central Bank of Formosa, Notes
issued Average amount Y.45,000,000
Branches and Agencies. Japan:-Kobe, Osaka, Tokyo, Yoko- hamu, Keelung, Makong, Nanto, Shaka, Sinchiku, Taicha, Tainan, Taito, Takao, Tamsul, Toen. China-Amey, Canton, Foochow, Han-
kow, Shanghai, Swatow.
Others: Bombay, Hong Kong, London. New York, Singapore, Batavia, Samarang, Soerabaya, Dairen. On and after April 20th, 1984, the rate of interest on Special Current Deposit will be at 1% p.a. on daily balance and the rate for balance over €10,000 will be quoted on application (Maximum rate-1).
Y. OHNO,
Manager.
Hong Kong Branch
3. Des Voeux Road, Central,
THE YOKOHAMA SPECIE BANK LIMITED.
+
Established 1880
Hambur
| Host Kond
Foreign Yarlangs and General Bankirm business transaclad.
Current Account opened and Fire Depa recolted for one year or shorter periods at Pales whleb will be quoted on application.
W. H. E. THOMAS,
Acting Manager. Hong Kong, 20th February, 1934. ́
THE BANK OF CANTON, LTD.
Established 1912.
Head Office--Hong Kong,
Authorised Capital
$11,000,000 8,855,000 32,170,492
Paid-up Capital Total Resources Branches: Canton, Tolshan, Shanghal, Hankow, Bangkok & San Francisco. London Bankers: Lloyds Bank, Ltd.,
Foreign Exchange and Banking business of every discription trans- acted.
Current Accounts opened and Fixed) Deposits received for one year от horter periods at rates which will bel quoted on application.
Safe Deposit Boxes (various sizes) for hire.
LOOK POONG ARAN.
Chlet Mangor.
SAFETY FIRST!
To Safeguard Your Valuables and Jewelleries.
Deposit them in a Vault
that is really: FIRE PROOF BURGLAR-PROOF
DAMP PROOF!
Floor of
OUR SAFE DEPOSIT VAULT located on the Mezzanine Our New building is Speelally Con- 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- Ital
Inspection Cordially Invited. THE NATIONAL COMMERCIAL & SAVINGS BANK, LTD," Corner of Ice House Street and Des Voeux Road, Central.
THE
AMERICAN EXPRESS COMPANY,
INC.
Head Office:-65, Broadway, New York
Capital Surplus Reserves
Montreux
$6,000,000.00 2,087,112.69 1,995,528.81
כלקתגלת
Southamplot Hopeporn
Tientsin
Taormin
Branches of American Express Com pany in Principal cities of United States of America and Canada.
H.K. Bank (London), £135 n. Chartered Bank £15% n. Mercantile Bank, A. & B £31 n. Mercantile Bank C, 13% 1. Bank of East Asia, $84 n. Am: 0. Finance Corp., Sh. $20 China O. Fin. Ord., Sh. $4. China O. Fin. Prof, Sh. 85 ¤.
Insurances.
Canton Ins., $290 n. Union Ins., $545 b. China Underwriters, $1.30 n. China Fire Ins., $510 n. H.K. Fire Ins,, $246 n.
Shipping.
Douglasea. $40.66 n. H.K. Steamboats, $7 n. Indo-Chinas (Pref.), $30 n. Indo-Chinas (Del.), $83 m. Shell (Bearer), 46/3 n. Union Waterboats, $1334 n
Mining.
Antamoks, 60 cts. n. Balatoes, $36% n.
Bagulo Gold, 44 cts. n. Benguet consolidated $40 m. Benguet Exploration 19 cts. n. Benguet Goldfield, 20 cta, mbe Big Wedge, 12 cts. n. Gold Creek, $2 n.
Gold River. 24 cta. n. Ipo Mining $21⁄2 n. Itogone $6 n.
Kailun, 22/6 n.
Langkats (Single) Sh. $171⁄2 n.
S'hai Exploration, Sh. $5 n. S'haf Loans, $61⁄2 n. Raubs, $13.10 n. Venx; Goldfield, $5 b.
Docks, etc.
H.K, Wharves, $113 n. H.K. Docks, $14/60 n. Providenta (old), $1.60 b. Providents (new), $50 cts. D. Hongkews, (old) Sh. $312% n. Hongkews, (new) Sh. $310 n. New Engineerings, Sh. $5 n. S'hai Docks, Sh. $117 n.
Cotton Mills.
Spat silver remains steady, while forward silver has advanced 1/16. On Batavia- closing prices of both yesterday: being 21 9/16.
9/99
On Paris
The London on New York cross- On demand arate, which closed on Wednesday
Credits 4 Jui £U.S.$5,09%, closed yesterday at
sight 4-U.S.$5.08%, while the New York On Saigon- {on London rate closed at On demand £U.S.$5.08%%, as compared with On Manila-
-U.S.$5.09% on Wednesday.
On demand
Ewos Cottons, Sh. $11 b. S'hai Cottons (old), Sh. $78% n. S'hai Cottons (new), Sh. $434
13.
Zoong Sings, Sh. $111⁄2 n. Wing On Textiles. Sh. $55 n.
Lands. Hotels, etc.
H. and S. Hotels, $5.45 b. H.K. Lands, $5234 b., 53 sa. ■ S'hai Lands, Sh. $26. Metropolitan Lands, Sh. $14 u. Humphreys, $10.40 n.
H.K. Realties, $5.20 n. Asia Realties "A", Sh. $140 D. Asia Realties "B" Sh.$20 n. Chinese Estatea, $85 b. China. Realties. Sh. $16% 11. China Debenture, Sh. $187 n.
Star Ferries, $102% n. Youmati Ferries, $21 n. C. Light (old), $8.70 b. C. Light (new), $8.30 b. H.K. Electrics, $714 b. Macao Electrica, $25 n. Sandakan Lights, $8 n. Telephone (old) $24/24.20 sa. Telephone (new) $11.80 . China Buses Sh. $18.20 n. S'pore Tractions, 5/- n. Singapore Pref. 17/8 b.
Industrials.
'NEW DEVALUATION
OF DOLLAR,
Wall Street Discredits Rumours.
SPECIAL, TO CHINA MAIL
Bar silver per oz.
Bar Silver in Hong
Kong
Copper Cash
Copper Cents
nom.
nom.
..... 1% prem, Rate of Native Interest 3% p.a. (Bu Telegraph, Copyright, Pelegre Chinese Sub. Coin... 28% dis. phir Messages Ordinance. 1894. Re-Heng Kong Sub. Coin par. ceived AsgHai 2, 2 mi)
Washington. To-day.
LITTLE MOVEMENT ON
WALL STREET
Business Back At Low Mark.
INDUSTRIALS WEAKER
New York, To-day. Little change in prices occurred on the New York market yesterday. Industrials and rails were down 0.27 and 0.10 to 94.05 and 37.14, {respectively, while utilities and bonds improved 0.04 and 0.03 to 21.08 and 93.18, respectively. The commodity index was off 0.22 to 62.11.
Business was dull, only 700,000 shares being traded.
S.E. Levy & Company's Report In their market report, MossrTA, 5. E. Levy and Company, correa- pondents for Messrs. White, Weld and Company, New York state:
"Stocks-To-day's selling of in- flationary stocks was influenced by ¿Secretary Henry Morgenthau's!
NEW ADVERTISEMENTS
PUBLIC AUCTION.
THE Undersigned have received
Tinstructions to sell by Public
Auction
ON
Wednesday, the 29th. August, 1934. commencing at II a.m.
at No. 8, Peak Mansion
A Quantity of VALUABLE HOUSEHOLD
FURNITURE
also
One Gibson Refrigerator On View from Tuesday the 28th., August 1934
Terms: Cash on Delivery.
LAMMERT BROS.,'
Auctioneers..
Hong Kong 24, August, 1984.
SUN FO RETURNS FROM HAWAII.
reassurance of the maintenance of Due In Shanghai On
the present Gold policy.
Wé dn
August 30.
Nanking, Aug. 13.
It was learned to-day at the Legis
on
not believe, however, that infia. tionary sentiment has been per
and manently side-tracked
We still favour metals and commodi- ties stocks on any recessions. lative Yuan that Mr. Sun Fo, Pre- Business done:-750,000 shares. [sident of the Yuan, who has been on "Bonds:-High-grade and rall vacation at Honolulu, Is scheduled issues were slightly better on to leave Hawaii for Shanghai short covering, but bids were thin. August 15 by the Dollar liner, Pre- He is due to arrive we look for higher prices.
at Shangkal on August 30. It is "Wheat:-The market was dull. understood that "Mr. Sun has Apprehension regarding frost abandoned his intention of visiting damage was offset by the effect of Hong Kong and Canton on his re further heavy Winnipeg hedge turn as he originally planned.- selling.
The American wheat (Chekiai Agency)..
NEW YORK STOCK Second-grades continue strong and sident Faft.
EXCHANGE.
Wall Street disbelieves the rum- ours of a further devaluuation of the dollar, although it is expecting further gold exports due to the weakness of the dollar against the S. E. Levy And Co. And
A.O.F.C. Quotations.
French frang.
Favourable market factors yester-!
day were: Bunk clearings totalling! $4,190,227,000 against $4,15,3040-|
New York, Yesterday,
The following quotations from New 000 last year, including sharp gains York have been received by Messrs. in the Mid-Western drought cities. S. E. Levy and the American Oriental) The Secretary of Commares, Mr. Finance Corporation. Daniel C. Roper, in a speech, de- clared that the Government intends NY/London
to motive.
Assure
business
Unfavourable fartors were the weakness of Guvernment securities) and the threatending feasibility of C Wheat Sep. 104 impending new financing-United Dec.... 105 Press, per S. E. Levy and Company, C. Corn Sep. 70% INFLATION SENTIMENT STIFLED w Wheat Oct. 84%
Dec.
78% New York, Later-Traders are STOCKS: apathetic. Favourable market Amer Smelt 384 factors yesterday were the im-Anac Copper - 13 proved steel indications due to Auburn oil companies buying. and in-
Balt & Ohio. 17 J.L. Gase creased public interest.
Con Gas NY 29% Unfavourable factors were that Du Pont the Treasury has stifled inflation! El Bo & Sh sentiment, and the deceased trad-Gen Motors... 31% ing in commodities-United Press, McIntyre
Int Tel & Tel 10% 48% per S. E. Lery and Company. Mont Ward
areas need soaking rains badly. Receipts of Corn are decreasing.
Wednesday's sales: 25.580.000 :
Lushels..
Corn-13,590.000 bushels.
U.S. FOOD INDEX HIGHEST SINCE APRIL 1932
New
Dun and
that
"Cotton: There was a fair vo lume of Trade buying. Many
York, To-day-Meesra. traders are convinced that the 12 the United States food index is
Bradstreet state low mid-234, the highest since April, 1922,
cent loan is based on 113%dling cotton without staple reand an increase of 21.2 per cent.
jquirements, while exchange con
tracts of middling cotton of 7/8th. of an inch will make ma- terial declines unlikely.
"Rubber:-The market was fes- tureless. Buying by consumers continues to be sporadic. Total
Last
Close Onening Noun 5.00 500 509 the profit Cotton Oct. 1316 1312 1322
Dec.
1332
1836 Silk Dec
114 Rubber Sen 1575 De 1624
1331
1577
1623 104%
105/
76%%
78
85%
38
38
12%
13
sales:-248 lots." Reuter.
234
234
23/
(Continued on Page 11)
17%
17%
43%
42
284
28%
91%
81%
921/4
U.S. AUTOMOBILE EXPORTS SHOW HUGE INCREASE
11
11%
11%
31
30%%%
Washingtong. to-day-The
104
10/2
48
25
254
244
Nat Distill.. 1944 NY Central. 23 Soc-Vacuum.
19%
2014
23
.2274.
151⁄2
.15%
15%
Stan Oi! NJ. 45 U.S. Steel... 35
4.5
45
35
35
144
15
334
33%
LATEST QUOTATIONS
New York, Yesterday.
... 43
The following quotations have Un Aircraft been received by Messrs. S. E. Levy West E & M 33% and Co., and the A.O.F.C.
London Prices.
The following quotations from Lon-
· Aug. 22 Aug, 23
don were received last night between New York Cotton: Clos. Clos. 5.30 p.m. and 10.30 p.m.
October
13.16 18.24 Siver Spot 21 9/16
over the corresponding week of last year.
NATIONALISING RAILWAYS NOT ADVISED IN U.S.
> Washington.. To-day-It is re-. liably learned that Mr. Eastman believes that at present it would not be wise to nationalise the American railwaya.due to the De-country's financial condition.-Un-
Company.
partment of Commerce states that ited Press. per S. E. Levy
United States automobile exports
for the first half of 1934 were valued at U.S.$109,902,707, as com- pared with U.S.393,968,383 for the entire production of 1933.-United Press, per S. E. Levy and Company.
70,000 TONS OF SCRAP STEEL PURCHASED.
Now
and
York, To-day-Messrs;,
DETROIT EMPLOYMENT INDEX Luria Brothers have bought 70,000
tons of scrap steel. This is one Detroit, To-day-The employ-of the largest transactions on re (last close) ment index for the week ended cord. It is reported that most of
18.32 13.38 219/10 (last recd) unchanged
+
Silver Forward 21% (last close). August 15, was 79.5, as against the metal will be exported.-Un- 13.37 13.44-21 9/16 (last recd.) 1/16 up (change): 89.9 for the week ended July 31 ited Press, per S. E. Levy and 13.49 13.65 Silver Report:-India and specula- and 638 for the week ended Au- Company.
13.56 18.56 tors bought. China gold.
Market gust 15 last year-United Press, It is believed that America per S. E. Levy and Company.
15.72 London/New York Rate: 6.09% (last 15.87 close), 5.09 (laat reed.), 4 down
U.S. STEEL MERGER
U.S. CAR LOADING DOWN
New York, To-dayIt is ex
New York, to-day-Officials have pected that, car loading in the 16.18 (change).
London/Paris Rate: 70.09 (last close) admitted that the Republic Steel United States will show a de- 16.31 76.03 (last rood.) .06 down (change). Corporation is negotiating to accrease of 8.500 cars as compared
Liverpool Cotton-Oct: 6.84 (last quire the Truscon Steel:Corporation. with last week.
16.58 16.88 close) 6.85 (last recd.) 01 up (change)
Liverpool Wheat-Oct: 5/10% (last
December
Amsterdam
dekwel Athen Amat
BRANCHES:-
Серов Cilus&
January
The lingue
Exta
Milan
Naple Piratus
Public Utilities,
March
Handic
Hamburg
Berilo
Harry
Partr Petpin
H.K. Tramways, $27.70 b.. ex div.
20%/% 88.
May
July
19.68
Bombay
Breed
Haldelberg JaSerika
Puierma
Peak Trams (old), $15 a.
Brateale
Jerqualem
Rotterdam Furga
Spot
13.30
Peak Trams (new), 37 n.
New York Rubber:
Jairo
LandJA
13.71 stendy. 13.40 bought, but was not a keen buyer.
Gold: 138/7 (last close) 138/7 (last) reed.), 1/2d. up (change),
Calcutte
Liverpest
September
15.75
Обзаве Colorabe Copenhagen Dubllo Pelaburgh Keren Селата
Late
October
15.91
Lugano
LIZOF
December
16.24
Marmolin
Moats Carle
Manila
Murdeh.
Vienna Vi Tokaba Zurich
January
16.33
March
16.65
Max
16.91
Chicago Wheat:
September
104
103%
close) 5/10 (last reed); %4
down
(change).
December
105
104%
London Rubber-Oct.-Dec.: 7 11/16
May
107
106%
Chicago Corn:
(last close) 7 11/18 (last "reed.) un- changed,
September
Lendan Rabber-Oct-Dec. 7 13/18)
76
December
78%
May
80%
304
Winnipeg Wheat:
October
December May
854 86% 89%
New York Sugar:
September
December
1.67 1.75
March
1.82 1.88
New York, Sik:
September
December
All classes of Commercial Banking Transactions undertakan.
Personal investment accounts)
handled
The Company offers to intending Travellers the use of its "Travelers
Capital (fully paid-up) Yen.100,000,000 Cheques" and Letters of Credit and, Reserve Fund ...Yen.122,750,000 in addition, the world-wide services of its thoroughly equipped Travel De- partment.
Head Office:-YOKOHAMA
Branches nad Agencies at:
Alexandria
Nagasakt
Batavia
Nagogn
New York
Osaka
Paris
Peiping
Berlin
Bombay
Calcutta Canton
Dairen (Dalny) Rangers
Fangtien (Mukden) Rio de Janeiro Hamburg
Hoor Kong
San Francisco Seattle Semarang Shanghai
sinking
Singapore Soerabaya Tientsin
Tokyo
Karachi Kobe
London
Los Angeles Manila
Moji
Interset allowed on rent Ac eguzki.
Deposits received for fixed terföds ́at rates to be obtained on äpplication.
G. KISHINAMI
Mahinger ~Hour Kong, 11th AprÜ,"1984"
C. H. BENSON,
General Manager.
THE SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED. (Incorporated in China).
Capital paid up ......$5,000,000. Reserves... $7,000,000. Capital Savings Dept. $500,000. Reserve Savings Dept. $800,000," Head Office-Shanghai
A. Bank having as its mission' the industrial development of China and the fostering of her commer cial relations abroad.
Hong Kong oder 7 Ice. House St
Phone 81431-4-3
Malabon Sugars, $11:n. Cald: Macg. (ord); Sh. $21 n. Cald: Macg. (Pref.), Sh. $20 n. Canton Ices, $2.70 a. Cements, $2.45 b.
H.K. Ropes, $4.35 n.
Stores, etc.
Dairy Farms, $25.70 n. Watsons, $5.60 n. Der. A. Winge, $1 n. Lane, Crawfords, $4,16 n. Mackintoshs, $21 . Sinceres, $10 n. Wm. Powelle, 70 cts. n. Wing On (H.K.) $110 ₺.
Miscellaneous. H.K. Amusements," $4 n. Entertainments, $714 n. S.C. Enterprise, $1,80 `n. United Theatres, Sh. $2 a.. Macao "Greyhounds," $2,n. Construction (old), $1.80 n. Constructions (new), 78 cts. b.j Ch. Govt 6% 1925 G3Bd
88% b.
H.K. Govt: 4% Loan 14% prem.
HK Govt. 3% Loan
prem h.. Wallace Harpers, $74 n.
February
164 (last close) 7.13/16 (last recd.) un- 7734 changed.
London's Forecast
A forecast from London on the pra-, 844 86 bable tread of the New York market
streets:-
Although Wall Street is generally 89% anticipated to open steady, the recent
strength is not likely to continue un-i 1.67 less factors of a more substantial character are forthcoming to stimulate) 1.76 fresh interest.
The wheat market looks tired-with, hedging Increasing.
In cotton, higher prices are due. Hedging is light.
1.12 1.11 1.14 1.14%
Not much change is expected in rub- 1.16
1.15 ber.
BANKERS ACCEPTANCES DOWN
New York, to-day. Bankers' ac-1 ceptances on July 81 totalled U.S.$515,604,714
against U.S.8584,193,248 for June. United Press per 5. E. Lovy and Company. SECOND-GRADE CINEMA BONDS
New
Is It insured?
Insurance All Clas American Asiatic Underwriters
LOWEST RATES PER
Fed. Inc, USA. -General Agente
"Head Office
York, To-day-Second- grade cinema bonds are more ac 2tive due to the prospect of improved Shanghal,
earnings-United Press, per S.-E. Lévy and Company.
RAkin Life Buliding Tel. 30234
MAN LOONG
PRESERVED GINGER MANUFACTURERS.
NEW SEASON PRESERVED GINGER- Best Quality Prompt attention to Exporters. Office: 14, Possession Street. Tel. No, 2825L. Factory:-KLL 1928 Bedford St, Tai Kok Tsui, Kowloom.
Tel. No. 67058.
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
2. Tel. Address: Balco
Tek 30101 and 38103: