BANKS

HONG KONG AND SHANGHAI

BANKING CORPORATION,

Authorload Capliat

$50,000,000

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

Lewed and Fully Fald-up 20.000.000 Incorporated by Royal Charter, 1883.

Bosores Funda --

Heling beita ale

0,600,000 $10,000,000

Basarve Lákility of Propetaturs un § 20,000,000

HEAD OPPIOR: HONGKONG,

BOARD OF DIRECTORS,

Hon. Mr. C. G. B. Mackie

Chaleman

B. I. Dodwell, E44.

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:

Aloe Bar

Hollo

Rangoon

Amritsar

[poli

Salgoo

Bangkok

Karach

Retning

Batavia

Klang

G. Miskin, Esq.

E. H. Horries, Esq.

Dornbay

Kobe

Shanghai

Calcula Casio

Ausla

ingapor

Lumpur

Sitiawes

Cawnpore

Zuching

Boutenya

1 Caba

Madri

Talplag

Calamba

Kall

Tiantais

Delki

Mjedan

Tongkak

ilalpboog

New York

(Dhuker)

Hamburg

Piping

Thingto

Hanko

(Peking)

Tokousme

Penang

Deputy Chairs).

Han, Mr. W. 11. Ball, 4. I. Campton, Eag W. J. Koawick, Eng.

C. Inight, Eaq."

AMOT BANGKOK

BATAVIA

CALCUTTA DANTON OURYOD COLOMBO

DAIREN

POOCHOW

HAIPHONO BAMBURG

GLANKOW

HARBIN

BONOKEW

KONO

[POB

FOLDRE... MODE" KOWLOON

T.K. Prates, Kog.·

V. M. Graybarn. Es..

Chief anger.

BRANCHES :-

LONDON

- LYONE

MALACCA MANILA

MLAR (Johor)

MURDEN

NEW YORK

PEIPING

PENANG

RASOCON

SA GUN

BAN FRANCISCO

KUALA LUMPUR

SHAROBAI

SINGAPORE

VOURABAYA

KUNDEI PATANI

MENTRIN

TORTO

THINUITAO

YOKOHAMA

Current Accowale oprued in Local Currency and Fland Deposits received for one year o skariet periods In Loent Company and lic

an termen which will be quoted on application. Hong Kong, 101 April, 1984.

Harble

flow Xang

Seremba

Zamboanga

Porolgo. "Exchange and Central Banking businma inconected,

Curris) Accounts opened and Fixed Depoalle rested for 004 zour or shorter periodi al retes which will be quoted on sopilention,

W. HE THOMAS,

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

THE BANK OF CANTON, LTD.

Established 1912.

Head Office-Hong Kong.. Authorised Capital

Paid-up Capital

$11,000,000 8,655,000 32,170,492

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

Foreign Exchange and Banklog

HONG KONG SAVINGS BANK, business of avery, discription trans-

The Burlanes of the above Bank is conduct of by the HONG KONG AND SHANGHAI BANKING CORPORATION. Rules may be obtained on application.

FOR THE HONG KONG AND SHANGHAI BANRING CORPORATION

V. M. OBATBURN,

Chial Masigst.

Hong Kong, th February, 1984,

THE BANK OF EAST ASIA, LTD.

Melhorized Capikal

Paid-up Capitál

$10,000,000,00

Bosszra and Undivided Produ ...$1,434,000,00

KRAD OFFICE:-HONG KONG

11. Du Vous Bond Central.

BOARD OF DIRECTORK 1-0-

Bir Show-son Chan, Chalemia

Koon Chun, Faq. P. K. Krok, Liq., Wong | Mua Loan khổ. Qua thier Fbai, Bag It Lan Bang, Eag., Wang Chu Bon, Esq. sod Han Fing Po. Reg.

Kan Tong Pa, Vaq.. Chief Manager. Li The Forg. Eaq., Manager.

BRANCHES AND AGENCIES —

Manila

Mellerne

Nagmah

noy

Bateria

Homboy

Calmusta

New York

Canton

Ques

Matpboa

Parie

Beattie Behrang Nkangal Bugspor bouzabaya Swatow

Hankow

Heaolału

hydong Taiboku

Kowloon Loodga

Hangos Balgon

Frouclaca

مداف

Pelping

Timatel Toky VAROTHE Yokokame Every rion of Banking and Exchang busione transected. Lowns granted as approvád

curlues.

Current Accounts opevad, in Local Curkuty and Fixed Depowila roalved for poe your or shorter periods in Lovel and Foreign Currencies en terma which whit be quoted on "application.

Hals Deposit Josue To Let

KAN TONG PO,

Hong Kong, at Keroh, · 1904,

Chief Hunger.

THE BANK OF TAIWAN, LTD.

Head Office:-Taihoku, Formosa, Incorporated in Japan by Special Imperial Charter, 1899,

Central Bank of Formosa, Notes

Issued Average amount Y.45,000,000

Branches and Agencies,

Jucted.

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

Safe Deposit Boxes (various sizes) for hire.

LOOK POONG SHAN,

Chler Manager.

L

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 located on the Heizanine Floor of Our New building is Specially Con- structed to provide all of these Im-1 (portant. Qualīties.

You may obtain a Safe Deposit Box in this most up-to-date Vault for your own tire at a very moderate Ben-¡ Ital.

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

THE

THE CHINA MAIL, TUESDAY, SEPTEMBER 11, 1934. -

Commerce and Finance...

LOCAL SHARES.

TO-DAY'S QUOTATIONS.

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

Banks,

H.K. Bank 1715 b. 1725 sa. - H.K. Bank (London), #135'n. Chartered Bank £15. Mercantile Bank, A; & B. £30% n. Mercantile Bank C. $19.- Bank of East Asia, $83 n. Am: O. Finance Corp., Sh." $20 China O. Fin. Ord., Sh. $4 2. China O. Fin. Pref. 9h. 35 n.

Insurances.

Canton Ing., $290 n. Union Ins., $540 n.

China Underwriter, $1.15 n. China Fire Ins., $510 n. II.K. Fire Ing., $245 n、 International Assce. Sh. $8 n.

Shipping.

Douglases, $40 n.

H.K. Steamboats, $7 n. Indo-Chinas (Prat.), $50 u.' Indo-Chinas (Def.), $38 n. Shell (Bearer), 48/9 n.. Union Waterboats, $13 m... Mining.

m.

Antamoks, 68 cts. b.. Balators, $36; B. Baguio Gold, $44% cta. n. Benguet Consolidated $411⁄4 b- Benguet Exploration 171⁄2 ets n. Benguet Goldfield, 20 cta. m. Big Wedge, 12 cts. n. Gold Creek, $2 n.

Gold River 23 eta, ni

Ipo Mining $21⁄2 n. Itogons $5 n. Kailan 23/12 n.

Langkats (Single) Sh. $171⁄2 a. S'hai Exploration, Sh. $5 a.. S'hai Loans, $64 n.

****

Kailan 23/6 n. Venz: Goldfield, 5 n

Docks, etc.

H.K. Wharves, $111 n. H.K. Docks, $141⁄2 n. Providenta (old), $11⁄2 n. Providcats (new), $50 cts. n. Hongkews, (old) Sh. $312% 0. Hongkews, (new) Sh. 810 n. New: Engineerings, Sh. 4 n. S'hai Docks, Sh. $118 n.

Cotton Mills,

Ewas Cottons, Sh. $10.80 b. S'hai Cottona (old), Sh. $75. S'hai Cotton (new), Sh. $44 m. Zoong Singe, Sh. $11% n. Wing On Textiles, Sh. $66 n.

Lands, Hotels, etc.

བ་

H. and S. Hotels, $5.55 8.

AMERICAN EXPRESS COMPANY, H.K. Lands, $50 n.

3

INC.

Head Office: 65, Broadway, New York

Capital

.U.S.$6,000,000.00 2.087.112.69 1,995,528.81

Surplus

Reserves

Japan:-Kobe,' Osaka; · Tokyo, Yoko

BRANCHES:-

hama, Keelung, Makong, Nants, sterdam Shoka, Sinchiku, Taichu, Tainan, Taito, Takao, Tamsul, Toen. Chlaa:Amoy, Canton, Focehow, Han-

Antwerp

Glangaw

Albesa

The Ling be

Milan Nice Naple

Amusa

HAVA

Heale

Hamburg,

Berlla

HAYO

Pienen Paris Trigla

kow, Shanghai, Swatow.

Bombay

Braman

Fral

Cairo

Heidelberg Interlaken Jerusalem Londo

Liverpool Luosta

Others: Bombay, Hong Kong, London, New York, Singapore, Batavia, Samarang. Soerabaya, ·Dairen. On and after April 20th, 1934, the rate of Interest on Special Current Deposit will be at 11⁄2%. p.a. on daily balance and the rate for balance over $10,000 will be quoted on application (Maximum rate-1%)

T. ORNO,

Manager.

Hong Kong Branch

3, Des Voeux Road, Central.

THE YOKOHAMA SPECIE BANK

LIMITED.

Established 1650

י.

Calouste

Colombo Copenhagen Dublin Edinburgh, Florence Carava

Laguno

Luxor Marmollid

Favoring Retlerda Berus Shangha Rotato płoz Sagip Tieute Troggs Venha

Monte Carlo

Manila

Venice Yokoba

Zurich

Munich

Montreux

Branches of American Express Com- in Principal cities of United ¡pany

States of America and Canada.

All classes of Commercial Banking ransactions undertaken.

Personal investment accounts handled.

S'haf Lands, Sh. $27 n. Metropolitan Landa, Sh. $14 n. Humphreys, 310, n. H.K, Realties, $4.60n.

Asia Realties "A", Sh. $140 n. Aala Realtica "B": 3h.$20 .n., Chinese Estates, 888 b..: China 'Realties, Sh. $15% n. China Debenture. Sh. $187 n.

Public, Utilities.

H.K. Tramways, $20 b. Peak Trams. (old), 815. n. Peak Trams (now), 87 n. Star Ferries, $98 an.

Yaumati Ferries, $21

C. Lights (old), 38.55 n.

n.

C. Lights (new), $8:10 . H.K. Electrica, $72 b., $72% 8. Macao Electrics, $25 n. Sandakan Lights, $8 s. Telephone (old), $24 b. Telephone (new), $11 b.. China Buses Sh. 13.20 n. S'pore Tractions,: 4/9 b.. Singapore Pret., 17/8 b..

· Industrials, Malabon Sugars, $10. n. Cald: Macg. (ord), Sh. $21 B. Cald: Macg. (Pref.), Sh. $20 n.

The Company offers to Intendipg}„;Carton Ices, $2,70-n. Travellers the use of its "Travelers

Cements, $2.60 B. H.K. Ropes, $347.

Capital (fully paid-up) Yen 100,000,000 Cheques" and Letters of Gredit" and, Reserve Fund

Yen.124,250,000 in addition, the world-wide services

f its thoroughly equipped Travel De partment

Head Ofice:-YOKOHAMA

Branches and Agencies at:

Alexandria

Batavia

Berlin

Bombay

Calcutta

Nagasaki Nagoya

New York Osaka

Paris Peiping Rangoon (Mukden). Rio de Janeiro

San Franglico Seattle

Semarang Shangha

Singapor

Scorabaya

Sydney Tientrin

Tefogtan

Tokyo

Yingkow

Interes allowed, "on Garent› @An

Deposita, received for fixed parlodi 24 miss të be obtained on application,

ACE KISHINAMI,

De Manager. Hong Kong, 11th September, 1994.

C. IL BENSON,

General Manager.

THE SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED.

(Incorporated in China), ry Capital paid up....$5,000,000. Reserves ALLDAY$7,000,000. Capital Savings, Dent. $500,000 Reserve Savings Dept. $600,000. Head Of Shank

A Bank having as its mission the industrial development of China and the fostering of her commer

Stores, etc.

Dairy Farma, 824% b., $24.80 sa. Watsons, $5.60. n. Der. A. Wings, $1-ni Lane, Crawfords, $4.15 n. Mackintoshs, $21 n. ..-- . Staceres, $10,n.::. Wm. Fowells, 70 ̧ets, ne Wing On (H.K.) $110 n...

Miscellaneous.co

H.K. Amusements; 54 hästi Entertainments, 371⁄2enmar SC: Enterprises, $1.40 n.. United Theatres, 8h. $14 ng Macao "Greyhounds,”; $2 (n; Constructions (old); $1.80 mdỵ Constructions (new), 78 cts: bas

YOKOHAMA SPECIE BANK

Yen 14,756,944 Profit Reported

ALLOCATIONS RESOLVED

TRADERS WAITING ON NEW ADVERTISEMENTS

WALL STREET

Market Quiet But Steady

NARROW MOVEMENTS INDICATED

New York, To-day.. The New York market was quiet, but steady, yesterday with minor gains and losses evenly di«j vided. Traders are disposed to |await developments. · Continued narrow and indecisive movements

weem indicated.

The Yokohama Specie Bank, Ltd.

S.E. Levy & Company's Report are in receipt of a telegram from

In their market report, Messra. their Head Office to the effect that, S. E. Levy and Company, corres

shown,

NOTICE.

PUBLIC AUCTIONS.

instructions, to sell by public

HEREBY beg to notify theTHE Undersigned have received:

public: that I am not re ponsible for any debts for counts signed by any person on my behalf.

W. EGGE.

NEW YORK STOCK EXCHANGE

ac-Auction

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

May.

New York, Yesterday.

Last Close Opening Noon 5.00% 499% 499%

1312 13281304 1839: 1323

110

112

1618

1854

1077

1812.

2054

107%

108

7944

- 81%

90%

35

The following quotations from New at the 109th Half Yearly Ordinary pondents. for Messrs. White. Weld York have been received by Mezars, General Meeting of the share and Company, New York state: S. E. Levy and the American Oriental holders held at the Head Office of

Finance Corporation. "Stocks: With the Textile this bank at Yokohama on the 10th

strike dead-lock continuing and inst, 4 net profit of Yen 14,756,-little evidence of an expansion in NY/London 044.77 was

including Fall business yet apparent, with Cotton Dec. Yen 7,648,164.35 carried over from also inflation talk again in the snk Dec.

Мах. the last account. It was resolved

background for the time being, Rubber Dec. to make the following allocations: ;

further

Mar. discouraged liquidation To Reserve Fund.......Y.1,500,000.00 occurred to-day. Under the cir C. Wheat Dec. 107 Dividend of 10% per an- num (for the half-year

cumstances we would expect little C. Com Dee... 79% ended 30th June 1934) 6,000,000.00 show of support until the market| May To be carried forward to

approaches the... July and August W. Wheat May,” 90- next a/c.

low levels but we would suggest STOCKS:

36 Y.14,756,944.77, Purchases at around those levels Amer: Smelt

Auburn

22% for a turn. Business done":-700 Con Gas NY.. 26% 20% 26% 1000 shares.

Du Pont ... 87% 88 88% "Bonde: Government bonds El Bo & Sh... 10% 10% 10/ 28% were slightly better on the an. Gen. Motors

Int. Tel and Tel 8%

9% the re-funding Loew's Inc. Jaouncement of

27 scheme but they closed lower. McIntyre however. High-grade and second Mont Ward 234

Not Distill.....19% 19% Issues ruled easier.

NY Central 21% 21%

-8,256,944.77:

LOCAL DOLLAR STEADY

Silver Prices Decline

·

82

ON

FRIDAY, the 14th Sept, 1934, Commencing at 5.15 p.m.

at their Sales Room, Duddell Street

A Fine Valuable Collection of | POSTAGE STAMPS

comprising:-

British Colonies, Old Europe,. British Guiana, Canada, Great

Britain, Mauritius, Hong Kong, Phillipine Portuguese, India, Strafts Settlement, etc, etc.

On View from Thursday, the 13th... Sept., 1984,

Terme: Cash on Delivery.

LAMMERT BROS.

Auctioneers.

Hong Kong, 11th Sept., 1984.

The Undersigned have received Instructions from The Offelal Administrator, Supreme Court, to sell by Public Auction on

Thursday, the 13th. Sept., 1994 -commencing at 2.30 p.m2

at their Branch Sales Room, No. 35, Hankow Road, Kowloon

The Effects of the late Mr. Knopp and the late Mr. Marunaga.

including:

Blackwood and Teak Wood Furniture, Glass Ware, Crockery, Cutlery, Curios, Ornaments, Port- able Gramaphone and Records, Kitchen Ware, Clothing. "Majestic Radio Set," "Pilot" Convertor Radio and Filterette for Radio etc..

28%

D

20%

46

46

244

24

19%

21

44

*14%

33

etc.

The local dollar remains steady, "Grains-The Government crap Stan Oil NJ 4* 44 opening on demand at 1/6 this reports, were slightly higher than Un Aircraft ... 14% morning.

expected. Some liquidation by U.S. Steel..... 327 32% Spot and forward silver prices disappointed long holders may

London Prices, have declined 1/16, closing prices cause temporary easiness but we 21 13/16 (laat recd.), 1/16 down Silver: Spot 21% (last close), 13/16 and remain bullish for the long pull (change). yesterday being 21 21%, respectively.

as very limited crops are inevit- Silver Forward 21 15/16 (laab close), The London on New York cross-able. Wheat: 19,895,000 bushels 21% (last recd.), 1/16 down (change). rate, which closed at £-U.S.$5.00' (Saturday),

7.223,000 on Saturday, closed at £-U.S.$4.- | bushela. 99% yesterday, while the New "Cotton: Heports indicating York on London rate closed at that the prospects for the Cotton

BUSINESS REVIVAL

IN AMERICA

Babson's Optimism For

Near, Future.

Corn:

crop in the South West are im- proving due to the recent rains and also the easiness of the SU- curities market is making buyers hesitant.

the

On View on Day of Sale Terms: As Customary

LAMMENT BROS.,

Auctioneers.

Silver Report: America, India and Hong Kong, 11th Sept., 1934. speculators bought. China sold. Mar- ket steady.

Gold: 140/9 (last close), 140/113 | (last recd.), 24d, up (change).

London/New York Rate: 5.00 (last

close), 4.89 15/16 (last recd), 1/10 down (change).

London/Paria Rate: 74.87 (last close), 74.90 (last recd.), 03 up (change).

"Rubber:-Our opinion of market remains unchanged and (change). we still consider that as the full

Liverpool Cotton-Oct. 7,04 (lest) cione), 6.80 (last recd), 18 down Liverpool Wheat-Oct: 6/10 (last effect of the restrictions, an ex-close), 5/9 (last recd.), id down ports makes itself felt prices (By Telegraph, Copyright, Telegre-should harden. Business done: phie Messages Ordinance, 1894. R 125 lots. ceived September 11, 522 a.m.)

SPECIAL TO CHINA MAIL..

Now York, To-day- The noted economist, Mr! Roger Ward Babson, expects a

(Continued on Page 11).

definite general business im- LATEST QUOTATIONS

provement in the coming months. "Such a pick-up could be sharp

if the public senses inflation, he said. Stock prices he added, should rise in the Autumn.

Sept. 8 Sept. 9

(change).

(last close), 7 11/10 (last recd.), un-

London Rubber-Oct-Dec.; 7 11/16)

changed.

London Rubber-Oct.-Dec.: 7 13/10 (last close), 7 13/18 (last recd.) un- changed,

London Forecast

A forecast from London on the pro- bable trend of the New York market, [states::

Wall Street in expected to open New York, Yesterday. steady. The Government refinancing The following quotations have Plan is meeting with approval, but the been received by Messrs. S. E. Levy labour position is still depriving..the market of any incentive to extend The "Brookmire" business and Co., and the A.O.F.C.

busines forecast has predicted a start for business recovery after the set- New York Cotton: tlement of the textile strike, |-· · '- pointing out that the increasing October Government expenditures tend December to stimulate trade United January Press, per S. E. Levy and Co., March

STOCK EXCHANGE

SEAT SALES

-May

July

Spot

:

New-York-Rubber

October

On the Commodity markets; whent prices, before publication of the Bureau Report; may be fractionally Closing Closing

lower. Rubber prices are expected to 13.16 12.94.

open a shada better! In Cotton, prices 13.28 18.07

may possibly be 28 to 30 points lower 18.33----13.10 on the bearish, Bureau, Report, which 13.39 18.16 generally surprised the market, but ¦ ¦ prices mays improvent- Strikernews:id] 13.44.-13.23

lightly better and weather conditions 18.48 18.28

are unfavoħrablė: 25 13.40 18.20

} 15.89

15,77

Is It Insured?

Lowest Figure Reported December 16.16 16.08

Since 1932

SPECIAL TO CHINA MAIL. (By Talegraph Copyright, Telegre phic Messages Ordinance, 1895. Re ceived Septemben 11, 529 a.m.).

New York, To-day.

A Stock Exchange seat yester- day sold for U.S.$88,000...... à de-| crease of U.S.$7,000, on the pre- |vious sale, while another sold for|| U.S.$78,000, the lowest figure

since 1982.

A Cotton Exchange seat sold| for U.S.$17,300, a decrease of| U.S.$950 on the previous, sale, United Press. per S. E. Levy and Company

1934 WHEAT PRODUCTION

IN AMERICA

January *March..

Mayyukur. July h

Chicago Wheat: ::September

December May miehi Chicago Corni September December May Medi..

16.28- 16.15

16.54 16.41"

16.79*** 16.65

LOWEST EXTERILEY MANA

> > XEXEIS:

gone.

17.06 16.96 ^'American Aslatie Underwriteryde bl

106~105%

1074 106 107 107

78% 781⁄4 79% 5.799.

.812

82.

887% 882 85% 844

Winnipeg Wheat:

October December May New York Sugar: ***

October March

May New York Silk:

Décember

February

Washington, To-day. - The De- April

partment of Agriculture has esting New York. Metals;-

ated that the 1934 wheat produc-[nett

90 89%

$1.90 1.91

1.89 1.90 1.98-

1.95

1.12 1.11

1.18 1.12.

1.18 1.12

Sept. 6 Sept. 10

tion will be 493,285,000 bushels, Cooper, October 6.29. 6.06 and corn 1,484,602,000 bushels

Tin, October 51.25 51.10

The latter is 48.5 per cent. of institu normal United Press; por S. ELME Levy and Company.

MODERATE COTTON PRICE

Ch. Govt5% 1925 GIBS

88% 11.

BombS

DECLINE EXPECTED EN

SLIGHT GAIN IN DEMAND STEEL CONSUMPTION

New York, To-day The maga

New York; Today The Governine, Steel, has reported a slight

H.K. Govt. 4% Loan 7% prem. ment's cotton cropin estim

Saturday has disappointed trade „H.K. Goyt, -81⁄4% / Loanī 2% leading to predictions of

prem b.

ate decline in prices Wallace Harpers, $7%(n.15 Press, per S. EuLaty

cial relations abroad panel pranzen Hong Kong oiled-ca House, St. Galliam Phone 31481-2-3

gain in demand for consumption, but doubte any substantial increase

fitfter the Autumn. nited...] Compan

Levy and

Everything

BUT YOUR

SAVINGS

...

RENT

FOOD

CLOTHING

HEAT

TAXES

WATER

CHITS

SAVINGS

SAVE SOMETHING HA

START NOW UNDERWRITERS.

SAVINGS BANK

Fed. Inc. 0.5.uz ko bazon FOR THE FAR EAST"

General Agente

Head Office

|17, Thé Hund. Shanghal

RL Ges

Asto Lific for

Building

Tel 302SE

INC:

Aala Life Buildings. 10

Hon Kour

Tel 10234

S. E. Levy & Co.

UNDERWRITERS AND DISTRIBUTORS

SECURITIES AND COMMODITIES, BOUGHT AND SOLD ON COMMISSION

DAILY NEW YORK STOCK AND COMMODITY SERVICE

Membere

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

CORRESPONDENTS FOR

WHITE WEED & CO. NEW FORE

E

7.ICE HOUSE STREET, HONG KONG?+"

Tel. 80101 and 80108-

Tek Address? Selcoz

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