BANKS

HONG KONG AND SHANGHAI

BANKING CORPORATION. -

Authorized Capital... $50,000,000 Ireland Fully Paid-up 20,000,000 Besar Punde-

Sterling waterme

£ 6,001,000 110,000,000

Basers Lisbility of Propriestone

HEAD OPPICE, HONOKONO.

BOARD OF DIRECTONB Hon. Mr. C. O. 8, Mackle

Chairma

B. 1. Dolwell. Eng.

Deputy Chaleman.

om. Mc. W. H; Balt.

A. B..Compton, Yaq.

W. J. Keswick, Engi

0.0. Knight, Eng.

AMOY

MANUKOR

BATAVIA

BOMBAY

DALCUITA CANTOS CHEFOO COLOMBO

G. Stankio, &q,

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

Incorporated by Royal Charter, 1853)

HEAD OFFICE: LONDON

$20,000.00

Paid-up Capital

Reserve Fund

.£3,000,000. £3,000,000

Reserve Liability of Pro-

prietors

£3,000,000

Agencies and Branches:

Alor Gat

Eloilo

Rangoon

| Amritsar

Ipoh

Mairon

Karác

Femarada

Balasta

Kick

Bumbay

Κούν

Baremhan Khanghai

Calcula Canton

Kuala

Tompur

Cawnpore

Kuching

Caba

Jadran

Taiping

Colombe

Ball

Delbf

Medea

Toaghah

ifalphons

How Vack

lambers

Pelping

Tilngtan

liankow

(Pexing)

Yokohama

Harbin

Yehung

Zamboang

5. B. Marrleon, Esq.

T. E. Pearce, Eag

Y..K. Graphora, Beq.

Chief Mingur.

BRANCHES

LONDON

LYONS

MALACCA

MASILA

MUA Jabore)

MURDEN

NEW YORK

PEIFING

PENANG

RASUOON

SAIGON

DAIREN

FOOLLOW

HAIPHOND

HAMINING

SAS FRANCISCO

ΠΑΝΤΟΥ

HARBIN

SUSKOHAL

SINDAPORE

HONGXEW

- 114

LPOR

JOHONE

КОВЕ

KOWLOON

KUALA LUSIPUR

SURABAYA

BUNGE PATANI

TIENTSIN

TOKYO

TRINUTAO

YOKOHAMA

Current Atrovale opened in Local Currency

ad Vised Deposits received for one yeaT OF shorter period Local Company and Berling in which will be grated on #pplication. Hong Kong, 18th April, 1984.

Hong Kong

Singapore

Kitiwan Bourabaya

(Baker)

THE CHINA MAIL THURSDAY, AUGUST 30, 1934.

Commerce and

Finance

LOCAL DOLLAR STEADY

Silver Prices Firm.

The local dollar remains steady, opening on demand this morning at 1/64.

Spot and forward allver prices remain unchanged, closing prices yesterday being 21 9/16 each.

The London an New York croas- rate, which closed at £-U.S.$5.00% on Tuesday, closed yesterday at

Forsing Exchange and General Banking busines.-U.S.$6.04, while the New York on

transacted.

Current Account operad and Fixed Deposit rescited for con your shorter periods at which will be quoted on applicato.

W. H. E. THOMAS,

Acting Manager, Hong Kong, 29th February, 1934.`

London rate closed at £-U.S.$5.03, as compared with £-U.S.35.0811⁄2 on Tuesday.

Latest Quotations

The following quotations have

THE BANK OF CANTON, LTD. been received through Messrs. S. E

Established 1912. Head Office: Hong Kong.

Authorised Capital

Paid-up Capital

Total Resources

$11,000,000 8,055,000 82,170,402

Lovy and Company and the Ameri can Oriental Finance Corpora- tion:

New York, Yesterday.

Last Today's close close

Branches: Canton, Tofshan, Shanghai, N.Y./London Cross-Rate 5.06% 5.03% Hankow, Bangkok & San Francisco. N.Y. Cotton-Dec. 13.35 13.35 16.06 18.00

HONG KONG SAVINGS BANK. London Bankers: Lloyds Bank, Ltd., N.Y. Rubber-Dec.

The Business of the store Bank fi condunt

d by the HONG KONG AND EMANGAT

BANKING CORPORATION.

ablained on applications.

Hules may b

FOR THE HONG KONG AND SHANGHAI

BANKING CORPORATION

V. A. GRAYBURN,

Obial Managar.

Hong Kong, ib Fabrusey, 1981,

THE BANK OF EAST ASIA, LTD.

10,000,000,00

...$2,434,000.01

Authorised Captial

Pald-up Capliki-

Bord Undirled Trožis

+

12, Dee You Road Central.

HEAD OFFICE-HONG KONG

·BOARD OF DIRECTORS—

Hir Shoeon Chew, Chairm

Son hea, E., F. K. Kwok, Ingr

Fun Tong Ear Chan Chias Hhak, Eng

WONE

Bang, E, Wong Chu Son, Esq. and an Tig

Po, Eng

ལT.

Betaria

Kau Teng Po, Eg.. Citof burger.

Lof Two Pout, E., Manges.

Bomber Onlcutta Canica Exiphong

Basker #lula

Kobe

Kowloon Londo

BRANCHES AND AGENCIES-

Macalla

Methouras Nagasaki

Omka

Paris

wow

Epatils

Samsung

Blacgbal

New York

Bingapore

bourabay

bydney

Talheku

Hangono

Tiantalo

Saigon

Tokyo

San Francisco

Vancou rez Yokohama

Peiping

Penga

Every deartipiion of banking, and Fachange valne transarted. Los granted on approved securities.

In Low Currency Current Accounse opened and Fixed Depot received for 200 your of aborter periods in Local and Foreign Currencies terms which will be quoted on application. Bala. Deposit Boxes To Eat

KAN TONO PO.

Chiel Manager.

Hong Kong, let uech, 1991,

THE BANK OF TAIWAN, LTD.

Head Offee:-Taihoku, Formosa, Incorporated in Japan by Special Imparial Charter, 1899. Central Bank of Formasa, Notes

Issued Average amount Y.45,000,000

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

hama, Keelung, Makong, Nanta, Shoka, Sinchiku, Talcha, Tainan, Taito, Takao, Tamsui, Toen. China:-Amey, Canton, Foochew, Han-

kow, Shanghai, Swatow.

Foreign Exchange and Banking Chic Wheat-Dec. bosinaas of every discription trana Silver-Official acted.

Chic. Corn..........

-

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

102% 103%

49%

49%

79K

80%

(Dow Jones Avg.)

To-day's

Aug. 28 Close Change 30 Industrials .. 94.19 $3.00 0.50 aff 37.31 37.01 0.30 of Safe Deposit Boxes (various sizes) (20 Rails.....

21.06 20.71 0.85 off 120 Utilities for hire.

40 Bonda ..... 93.11 93.05 0.06 off 11 Commodity

LOOK POONG GIAN,

Chief Kensger

To Safeguard Your Valuables and Jewelleries.

Deposit them in a Vault

that is really:

FIRE PROOF

LOCAL SHARES.

TO-DAY'S QUOTATIONS.

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

Banks.

H.K. Bank $1735 b.

II.K. Bank (London), £185 n. Chartered Bank £15. Mercantile Bank, A. & B £91 n. Mercantile Bank C, £13% n. Bank of East Asia, $84 b. Am: 0. Finance Corp., Bb. $20 a. China O. Fin. Ord., Sh. $4 n. China O..Fin. Pref. Sh. $5 n

Insurances.

Canton Ins. $290 n. Union Ins.. $560 n. China Underwriters, $1.20 n. China Fire Ins.. $510 n. H.K. Fire Ins., $245 n. International Assce. Sh. $6 n. Shipping.

Douglases, $40.65 m. H.K. Steamboats, $7 n. Indo-Chines (Pref.), $80 n. Indo-Chinas (Def.), $38 a. Shell (Bearer), 43/41⁄2 n. Union Waterboats, $134 m.

Mining.

Antamoks, G1 ets. b. Balatocs, $361⁄2 n. Baguio Gold; 44 cts. n. Benguet consolidated $40 n. Benguet Exploration 19 ets, n. Benguet Goldfield, 20 cts. n.

Big Wedge, 12 cts. a. Gold Creek, $2 ni

NEW YORK STOCK EXCHANGE

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

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

NY/London

1387 Cotton Dec.... 1335

Mar.

1846 1847 113 J

Last Close Opening Noon 5.00% 505% 504%

1842

1863

17236

1612 1651

Silk Dec. Rubber. Dec,... 1605

Mar. C. Wheat Dec. 102%

May

104%

1644

W. Wheat May 86 STOCKS:-

Amer. Smelt

38

Anac Copper... 124 Auburn

REASSURES

TRADERS HOPEFUL MORGENTHAU

IN NEW YORK

Little Activity For Another Week

NO CLOSING ON SATURDAY

SPECIAL TO CHINA MAIL. (By Telegraph, Copyright, Telegra- phio - Mensagen" - Ordinance, 1894, Re- csided August 30, 328 a.m.)

New York, To-day,

The Stock Exchange has de-

WALL STREET

Strike Menace Upsets Confidence

WHEAT UNCERTAINTIES

New York, To-day. Setbacks falled to dislodge in-

nied that it petitioned for clos-portant liquidation at the open-

ing of the New York ing on September 1.

yesterday. Mr. Henry the

The Governors, have approved ket,

the listing of 16,375,176 shares Morgenthau's statement on 104% of the Standard Oil Company, Gold question is regarded as re- of Indiana, which have hitherto assuring on Wall Street, where the been traded on the curb. announcement was not construed as Traders are hopeful, but they having any immediate inflationary do not anticipate activity for at implications, least another week. Favourable

factore

Unfavourable market factors yesterday were the re-wera: the unsettlement of tha ported increase of British buy-wheat market, together with the ing of railroad shares, and the labour unrest, which is disturbing, 11 belief that the Stock Exchange confidence,

924

100

87%

38%

25%%%

25%

25%

Balt and Ohio 3.1. Case

17

17

17%

43

Con Gas N.Y. . 28

28%% 28%

Du Pont...

9144

#2:

El Bo and Sh...

11%

11%

Int. Tel and Tel. 10%

McIntyre

46%

Mont Ward

Nat Distill

24 24% 2144 2114

NY Central

23 284

Sos-Vacuum

15

16

45

15

15

354

30

34%

.

Gen Motora.... 30

Stan. Oll NJ, 44% Un Aircraft ..... 1%. U.S. Steel..... 354. West E..and M. 28%.

3114

10%

4734 264

Control Commission's margin

rules will not be burdensome. S. E. Levy And Company's Report In their market report. Messrs. Unfavourable factors were thei 22decline, in steel production and S. E. Levy and Company, corres 28% the fear that the increased cust pondents for Messrs. White, Weld. 164

of living will cause more labour and Company, New York state: troubles. United Press, per "Stocks: The feeling of gener-

London Prices. The following quotations from Lon- don were received last night between 6.30 p.m. and 10.30 p.m. Silver:-

Spot:-21-9/16, (Last close); 21-| 9/10, (Last recd.); unchanged, (Change),

Forward:-21-9/10, (Last close); 21- 9/10, (Last Tecd.); (Change).

S. E. Levy and Company.

LOCAL NEWS BREVITIES

Two cases of meningitis were reported in the Colony during the 24 hours ended August 28.

al uncertainty

continues and we feel that a conservative stand is still to be recommended. Business done 760,000 shares.

"Bonds:-High-grades

were

were

shade lower, but enquiries were better. Second grades slightly easier.

"Wheat: The market was pure....

local trading affair. In- ly a creasing hog prices point fowards a continued heavy feeding demand for corn. As from September 1st. trading In.corn will be for both.

Gold:-139/1-1/2, (Last

close): holding their postponed band con-new and old contracts. Tuesday's ' 139/4-1/2, (Last reed.); 3d up cert to-morrow evening.

sales:-20,784,000 bushels, (Change).

(Continued on Page 11).

Silver Report:-

unchanged, The B.8. Nankin left Manila yeɛ. terday and is due to arrive here America bought. India bought and to-morrow afternoon. sold. China sold. Market quietly

The Kowloon Cricket Club are steady.

for telegram Lindeman, Hong Kong Shanghai London/Paris Rate: 75.71, (Last Bank, from Sydneypo, is lying at close); 75.53, (Last red.); 18 down the Eastern Extension Telegraph (Change).

Index 62.25 62.51

0.26 up

Gold River, 24 cts. n.

18 Leading Stocks.

Ipo Mining $21⁄2 n.

Close

Itogons 36 n.

SAFETY FIRST I

Amer Can..

98

Kailan, 26 n.

Amer Smelting & Ref.

37

Amer Tel & Tel

111

Langkats (Single) Sh. $17 n.

London/New York Rate;-5.05-3/4, ((Last close); 5.05-11/16, (Last recd.);

1/16 down, (Change).

7

A unclaimed

Auburn

244

S'hai Exploration, Sh. $5 n.

J.I. Case

42.

S'hai Loans, $611⁄2 n.

Du Jant

90%

Raubs, $18.10 n.

Elec Bond and Share

11%

General Motors

30

Venz; Goldfield, $5 n.

Int. Tel and Tel

10%

Docks, etc.

MeIntyre Porcupine

48

Montgomery Ward

24

H.K. Wharves, $112 m.

21

H.K, Docka, $14% n.

22

147%

102

14%

34

33%

BURGLAR-PROOF

DAMP PROOF!

OUR SAFE DEPOSIT VAULT

located

on the Mezzanine Floor of Nat Distillers Our New building is Specially Con- structed to provide all of these IN.Y. Central

Bocony-Vacuum portant Qualities.

You may obtain a Safe Deposit Union Pacific Box in this most up-to-date Vault for United Aircraft your own use at a very moderate Ben-US. Steel....... Ital

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

THE

AMERICAN EXPRESS COMPANT,

INC.

Head Office: 65, Broadway, New York

Capital Surplus Reserves

Others: Bombay, Hong Kong, London, Bombay

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-14).

Y. OHNO,

Manager,

Hong Kong Branch

3, Des Voeux Road, Central,

Kava Heidelberg Interlaken +deratsinm

Naples

Westinghouse E & M.

Business done:-760,000 shares.

LATEST QUOTATIONS

New York, Yesterday. The following quotations have been received by Messrs. S. E. Levy and Co., and the A.O.F.C.

Aug. 28 Aug. 29

New York Cotton:

October

Providenta (old), $1.57% n. Providents (new), $50 cts. n. Hongkews, (old) Sh. $812% n. Hongkews, (new) Bh. #810 n." New Engineerlugs, `Sh. $4% n, S'hal Docks, Sh. $117 n.

Cotton Mills.

n.

Ewos Cottons, Sh. $10.80 b. S'hai Cottons. (old), Sh. $75. S'hal Cotton (new), Sh. $48%

11. >

Zoong Sings, Sh. $114 n. Wing On Textiles, Sh. $55 B.

Lands, Hotels, etc.

H. and S. Hotels, $5.55 n

H.K. Langs; $51 b.

*

S'hal Lands, Sh. $27 n. Metropolitan Lands, Sh. $14 n. Humphreys, $10 n.

H.K. Realties, $5.20 n. Asia Realties “A”, Sh. $140 n. Asla Realties "B" Sh.$20 n. Chinese Estates, $85-b. China Realties, Sh. $15% .. China Debenture, 9h, $137 n.

Public Utilities.

H.K. Tramways; $20.40 b. Peak Trams (old), $15 B. Peak Trams (new), $7 n. Star Ferries, $1023 m. Yaumati Ferries, $21 b. C. Lights (old), $8.65 b. C. Lights (new), $8.80 b.. H.K. Electrics, $71% b.. Macao Electrice, $25 a. Sandakan Lights, $8 s Telephone (old), $24.10 b.

December

January

March

.U.S.$8,000,000.00

May

2,087,112.09 1,995,526.81

July

BRANCHIS:

Spot New York Rubber:

Closing Closing 13.22 13.25 18.35 13.35 13.38 13.40 18.45 13.45 13.53 13.59 13.60 13,59 '13.35 13.40

Amsterdam Antworp Albana

Genos Blasgow

Milan Nick

September

October

The Hague

ARLING

Пятись

Pirtea

December

Besive

Kamburg

Pazie

Berlin

Bremen Brussels Cairo Calculis Cannes Colombo Copenhagen Dablla Edinburgh

Genera

Pripin Feleemo Betberdas Roms

January

March

May

15.65 15.64 15.75 16.77 16.05 16.08. 18.10 16.16 16.44 16.45 16.74 16.70.

London

Shieght.

Limpo

SoulSamp

Chicago Wheat:

Blugapor

Legion

Tantalu

September

Luxor

Tasmine

December

Marvellos

101 102

Vietna Vanica Yokohama Zurleb

May...

Chicago Corn:

78

79

All classes of Commercial Banking

December May .. Winnipeg Wheat:

October.. December.... 824/2 May Personal investment accounts New York Sugar; handled.

795%

8014

82%

83/2

Telephone (new), $111⁄2 e

China Buses Sh. $18.20 m.

81

81%

S'pore Tractions, 5/- n.

82%

Singapore Prof., 17/8 b.

-86.

86%

Malabon Sugars, $11 m

September

1.79 December..... 1.88 March

1.92

1.78

Cald: Macg. (ord), Sh. #21 n.

1.87

Cald: Macg. (Pref.), Sh. $20 n.

1.92

Canton Ices, $2.70 n.

Cements, $2.60 n.

1.09 1.09 1.18 1.18 L14% 1.15

H.K. Ropes, $4.85 m. Stores, etc.

Monte Carlo

Marlin

Musich

Montfour.

—————- ་ཏ མ

Branches of American Express Com Ipany in Principal cities of United

States of America and Canada.

THE YOKOHAMA SPECIE BANK Transactions undertaken. ·

LIMITED.

Established 1880

September

September

The Company offers to intending Capital (fully paid-up) Yer.100,000,000 Travellers the use of its "Travelers New York Silk: Reserve Fund.Yen.122,750,000 Cheques" and Letters of Credit and ta addition, the world-wide services of its thoroughly equipped Travel De partment.

Head Office:-YOKOHAMA

Branches and Agencies at:

Alexandria

Batavia

Nagasakf Nagoya New York

Osaka

PATIE

Canton

Dairen (Dalny)

Peiping Rapgroz

Berlin

Bombay

Calcutta.

gtlen (Mukden) Rio de Janeiro

Hamburg

Hankow

Hoà Kong Honolulu Brinking Karachi Kobel

Los Angeles Manila

Moll

Ban Franciaco Seattle

Shanghal Singapore

Soerabaya

Sydney

Tsingtay

Yingkow

Lasernet

allowed

Deportia, received for

plication.

Hong Kong, 11th Apr0, 1984

#s to be obtained

C. H. BENSON,:.

General Manager,

THE SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED. (Incorporated in China). Capital gald up $5,000,000. Reserves

$7,000,000 Capital: Bavings Dept $500,000, Reserve. Savings Dept. $600,000. Head Ofcg-Shanghai

A Bank having as its mission the industrial development of China and the fostering of her comme cial relationa abroad.

Hong Kong office--7 Los Höunë St.

Phone 31481-3-HO

December February

102% 103% 104% · 195%

Mr. G. S. Kennedy-Skipton, J.P., senior assistant treasurer, and Mrs. Kennedy-Skipton, arrived in the Colony this morning on board the R.M.S. Empress of Russia.

Industriala

Dairy Farms $26.70 n. Watsons, $5.60 n. Dar. A. Wings, $11. Lane, Crawfords, $4.15 Mackintosh, $21 m.); Sinceres, $10 n. Wm. Powells, 70 cts. n Wing On (H.K.) $110

Miscellaneous.

Is It Insured? ? H.K. Amusements, 64 n.

urines -- All · Classes LOWEST RATES AT American Asiatic Underwrite

Fed. Inc. USA:SAN

General Agentu

Entertainments, 87% 'm. -S.C. Enterprises, $1.30 n.

United Theatres, Sh. $14 n. Macao "Greyhounds", $2 n. Construction (old), $1.80.n Constructions (new), 78 d. Ch. Govt. 5% 1925 G&Bde-

88%

H.K. Govt 4% Loan 14 % prem.

HK Govt

prem b

Wallace Harperi, 7

Liverpool Cotton-Oct.:-6.90, (Last Company, Limited. clone); ~8.89, (Last recd.); .01 Blown,{ (Change).

It is notified by the Naval Arma- Liverpool Wheat-Oct: 5/8-1/8, ment Supply Department that a Last close): 5/8-5/8, (Last recd.): quantity of fireworks will be fired 1/2 up, (Change).

London Rubber-Oct/Dec.:-7-11/for proof purposes at the Stone- 18, (Last close); 7-5/8, (Last recd.); cutters Rifle Range this afternoon 1/16 down, (Change).

and this evening.

London Rubber—Oct./Doc.:—7-3/4, (Last close): 7-3/4. (Last.reed.); un- changed, (Change).

London's Forecast.

A Dinner Dance will be held at the Repulse Bay Hotel to-morrow,

A forecast from London on the pro-and a Tea Dance on Sunday at 4.30 bable trend of the New York markets,

p.m. The "Andetonians" Band will states:

While the internal situation is still be in attendance on both occasions. |disturbed, movements on Wall Street

J

are likely to be narrow, with the ten- While collecting clothes from the dency lower.

first floor verandah of No. 189

On the Commodity markets, wheat

is expected to be alightly higher; the Canton Road yesterday, Lam Po- cotton market is expected to be aim-yip, a woman, fell to the street," less and Tower. Complaints of bol sustaining injuries for which she weevil are increasing. Rubber prices mas admitted to the Kwong Wah are anticipated to open a little down. Hospital.

GOLD RUSH IN

NORTH

(Continued from Pagà 1).

Mr. Yip, who is a graduate of the Cornwall Mining Co?- lege, said that of these three districts, he thought gold which was found in Norfu Village, Toy Shan, would yield the best results.

Charged with the theft of a Wardonla razor, Li Luk, 20 years, was fined $10, in default 14 days' imprisonment, by Mfr. Q. A. A. Macfadyen at the Central Magis-|| tracy this morning.

. The body of a five-year-old Chinsese boy, Kwong Ping-tai, of Kowloon Tong Chai, who was found! drowned in a pool, near his home, was sent to the Kowloon Public Mortuary yesterday.

PRIVATE EXPLOITATION

Sentence of one month's hard With the exception of Yan Ping,

labour, was imposed on Hul Kwok- the other gold districts sre sti present opened to private exploits-in, unemployed, by Mr. Q. ́A: * A. tion. Following the gold rush at Macfadyen at the Central Magis Tai To Po Shan, Yan Ping, recent- tracy this morning, for the theft of two baskets and three share! jly, control of the rich deposits was

stopped by the Kwangtung Provin-certificates for the On Lok Yuen and cial Government, and further Company, the property of Bul private exploitation was prevented. Chan-sze, a married woman, on the

Praya last evening, "Not that the government is trying to take it away from the people, but because there Was

no organisation, and trouble is bound to come out of it,” said Mr. ́Yip,

WRITTEN REPORT Mr. Yip added that there are many companies now working in these districts but a great many of them will fall owing to the lack of machinery, capital, and engi- neering skill.

Mr. Yip, who went to Hot Ping at the invitation of the magistrate, Mr. Yee Kai-mou, la now writing a report of his observations and this will be forwarded to the magle trate

Mr. Vip said that these districts abound in mining prospects at the present time, an roads and com munications have been bettered, better government has been main-

from bandi and

considerably Kip recal

XXX=>EX=X

Everything

gone

. BUT YOUR

SAVINGS

RENT

FOOD

CLOTHING

-

HEAT

• TAXES.

WATER

CHITS

SAVINGS

SAVE SOMETHING

START NOW UNDERWRITERS

SAVINGS BANK

**FOR THE FAR EAST,

INC.

Asia Life Building, Hong Kong.

Tel. 30284.

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. WHITE WELD & CO. NEW YORK

ICE HOUSE STREET HONG KONG.

Tel: 30101 and 30108

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