BANKS
HONG KONG AND SHANGHAI -BANKING CORPORATION.
Amikoriand Caplen) - $50,000,000
Basara Fun 1 --
Sterling
Larood and Folly Paid-up 2,000,000
£6,500,000 aue:མཐ*h:-ph-Fཐཱ
$242),(100)
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA,
Incorporated by Royal Charter, 1858.
HEAD OFFICE: LONDON
Reserve liability of Propristers 20,000,000 Paid-up Capital
HEAD OFFICE, IRONOLONO.
IKARD OF DIRECTORS,
Bo Me. G. 17, Mwakie
Chairme
15. I._Dodwell, Eng. Deputy Chairman.
Reserve Fund
.£3,000,000 .£8,000,000
Reserve Liability of Pro
prietors
£3,000,000
Akeneles and Branches:
Aloe Bar
Haile
Harg
Amriter
Ipoh
Saigo
Bangkok
Karachi:
Hera rang
D. Minu, Esq.
Balaria
KILDE
Baren bati
1. Coplon, kay.
4. 5. Hormann, Eng.
Boinbar
Kube
HEL
T. K. l'arca, Sago
Calcutta
Rusis
fingapore
Canton
Lumpur
Kiti
Campore
Kurt
Боцтовув
Gabu
Martins
Triplug
Colombe
Manila
Thuthin
Bathi
Medan
Tungkal
Haiphong
Kew York
(Bhukar)
Usburg
Priplig
Logi
Pekings Tanang
Yokohama
M. Afr. W, 21, Hall,
MJ, Baden, Esq.
5. C. Kraghi, Eng.
AMOY
BANOZOR
BATAVIA
BUBBAY
CALCUTTA CANTUN CHEFOO
COLON BU
DAIBEN
YOOCHOW BAIPHONG
HAMBURO
HANKOW
LANSIN
HONOKEW
ILOILO
EPOR
JOHURE
ROBE
KOWLOON
Y. M. Draghum, Esq.
Chial Manager,
BRANCHES
LONDON
MALAKCI
HANILA
HGAR Jobora}
MUKDES
NEW YORK
CITING
PENANG
RAXUDON
BARUN
SAN FRANCISCO-
KUALA LUMPUR
SHANGHAI
HINGAPURE
SOURABAYA
SANIEL PATANI
TAKAISIN
TOKYB
TRINITAD
YOKOHAMA
Current Accousta opened to anal
and Pined Deponite fornited for ce your or shorter periode to Lock Company and Bierling
a terme which will be grated on application.
Hong Koh April, 1939,
HONG KONG SAVINGS BANK.
The Bule of the above flant is condues ed by the HONO KONG AND SHANGHAI BANKING CORPORATIOS. Kalas tany ե ablaḥzed en sppliextjon.
FOR THE HONG KONG AND SHANGHAI BANKIMA CORPORATION
.. ORAVNUKY,
Chief Manager.
Houg Reng, M16 February, 1984.
THE BANK OF EAST ASIA, LTD.
Authorised Capital
Paid-up Capital
20,000,000.00
merre and Undivided Prof2,194,100,00
wwwwwww.and
HEAD OFFICE:-HONG KONG
12, De Virut Road Central
WARD OF DIRECTORS :-
Sir bhau son-Chow, Chatra
.
La Boca Chus. Eng., P. K. Kwok, Ext. Weng
Buakaw Herbin Hoog Kont
| fyndiselad.
Zambonga
THE CHINA MAIL, WEDNESDAY, SEPTEMBER 12, 1934.
Commerce and
Finance.
BELFAST LINEN MARKET
'Irish Flax Crop Reported
Good
Porals Exchange and Central Banking budine. Cuteral Accounts opened and Fiend Depois received for one par de shorter periodo al retor which will be quoted on oppiiration,
W. H. E. THOMAS,
Acting Manager.! Hong Kong, 20th February, 1984.
MODERATE SIZED ORDERS
Belfast, Aug. 1.
Irish. The reports on the new crop are good generally, although in some digtriets the Hax is short. Farmers are having difficulty in some cases in obtaining water for retting the straw owing to the dry weather.
Courtrai.-There is nothing of
THE BANK OF CANTON, LTD. interest to report as market condi
Established 1912.
Head Office-Hong Kong.
tious remain unchanged.
Latvian.-Fair sales to Germany No reported. at high rates are ... $11,000,000 other market could face present 8,655,000 prices. The Government stocks are 32,170,492 small. New crop in full flower and Branches: Carton, Tolshan, Shanghal,ooking well. Yield should be Hankow, Bangkok & San Francisco.
Authorised Capital ... Paid-up Capital
Total Resources
London Bankers: Lloyds Bank, Ltd., xreater than last year.
Foreign Exchange #nd Banking business of every discription trans-
acted.
are Esthonian-Old flax stocks almost
The exhausted.
recent Current Accounts opened and Fixed weather has been favourable for Daposits received for one year or shorter periods at rates which will be the growing crop, and growers are quoted on application.
Ionking forward to good yields. It Safe Deposit Boxes (various sizes) certainly looks well in the fields. for hire.
LOOK POUND STAR,
Chiat Mausger
SAFETY FIRST! To Safeguard Your Valuables and Jewellerice. Deposit them in a Vault
that is really: FIRE-PROOF BURGLAR - PROOF DAMP-PROOF!
Lithuanian.-Small sales are re- ported, but supplies have almost dried up. Quality has fallen away, but that is usual in the summer is enjoying time. The new crop warm rain.
Soviet Some bulk sales to Ger- many are reported, including 2,000 for December tons of new crop
Prices are very strong, shipment.
OUR SAFE DEPOSIT VAULT both for flax and tow.
Zus Took. En Chan Shing Shot, E. La located on the Mezzanine Floor of
Bacz. Eng. Wang Cha Son, Evg, and Hasing
Aka Tang P. Eay.. Cistof Manager. Lt Tee Four Reg. Manger
BRANCHES AND AGENCIES:-
Amay
Balerin
Methowrun
Bombay
Nugushl
Calcutta
New York
k
Седос Huishook
Parla
Seattle Samarang
bing Bingapore bourboys Bwelow
rides
Hankow
Peiplug
Honolulu
Perang
Taikoku
Lobe
Haroon
Tientsin
Kowloon
Kaigan
-Toky
London
Ben Frondaco
Vascours! Yokohame
buat
description of Banking and Exobange Basin Ranč sed. lans glasted on approvad
securitisa.
Current Accounts opcend in
your
Our New bullding in Specially Con- structed to provide all of these Im- portant Qualities.
Yarris
The wide difference between ruwi
current
You may obtain a Safe Deposit material quotations and Box in this most up-to-date Vault for: your own use at a very mederate Rea-yarn values preclude Spinners from ital,
accepting orders in bulk, even when purchasers are prepared to concede advanced prices to cover actual and
requirements. potential majority of local mills and chant houses have met buyers as far as possible, a substantial volume of new business being fixed including Cambric yarna.
Inspection Cordially Invited. THE NATIONAL COMMERCIAL & SAVINGS BANK, LTD. Corner of Ice House Street and Des Voeux Road, Central.
THE
Local Care AMERICAN EXPRESS COMPANY, sas Pired Depodia recetend for one shorter periods In Iscal and Foreign Currencies
term which will be quoted so application. Bale Deposit o To Let
HAN TONG FO
Hong Kong, let March, 1054.
Chiel Manager.
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- hama, Keelung, Makong, Nante, Shoka, Sinchiku, Taichu, Tainan, Talto, Takao, Tamsui, Toen. China:Amoy, Canton, Foochow, Ban-
kow, Shanghai, Swatow. Other:-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 14% p.a. on dally
INC.
Head Office:-65, Broadway, New York
.U.S.$8,000,000,00 2,087,112.69 1,995,628.31
BRANCHES:-
Capital ... Surplus Reserves
Aminardas
Beton'
Antwerp
Olugow
Athaba
The tag ve
Ástun
Harana
Beale
Hamburg
Sten Haplos Piraeus Paris
Berlio
HAYTO
Porcia
Buidelberg
Pat
Interikan
Butterdam
Jarustem
London
Liverposi
Luserna
buzar.
Murales
Fintenon
Edinburgh Ger
Honte Carlo
Stanile
Munich
Shinga. Biharton Bing Tiezitatu Taormine Vienas Vi Tokoham Zurich
Epitreus
Bombay
Brit Brussels
Cairo
Calculte Conta Colomba Copenhagen Dublia
Logaas
THE
Branches of American Express Com- balance and the rate for balance over any in Principal cities of United $10,000 will be quoted on applicationStates of America and Canada. (Maximum rate-1%).
Y. OHNO,
Manager.
Hong Kong Branch
་
Weavers
The
mer-
Manufacturers are booking moderate sized orders, but are in- formed by buyers that these are put down, in many instances, as an insurance against the sharp rise in raw material, and not against new business booked by Merchants, Manufacturers find it difficult to obtain prices equalling the enhanced cost of yarn, and the restoration of the ten per cent. cut in wages which came into operation after the July holidays. The whole market is very firm, and this disposes. of hesitancy on the part of buyers that prices can be adjusted, and this strength is more opportune on the eve of the autumn buying.
Merchants
any
and
As July is becoming more more the holiday month, there is naturally a slacking off ia the All classes of Commercial Baakler amount of business done and, orders, Franenctions undertaken.
received. Apart from the usual day; Personal investment accounts to day filling-in orders, there has handled,
been nothing startling during 'the month. Advanced coats and general The Company offers to intending world conditions are adding to the THE YOKOHAMA SPECIE BANK Travellers the use of its "Travalars Merchants' difficulties.
J, Des Voeux Road, Central.
LIMITED.
Established 1880
Capital (fully paid-up) Yen.100,000,000 Reserve Fund
Yen.124,250,000
Head Ofte:-YOKOHAMA
Branches and Agencies at: Alexandria
Batavia
Berlin
Bombay
Calcutta
Canton.
Nagasak! Nagoya
New York Osaka Paris Peiping.....
Dairen (Dajny).... Rangoon Fengtien (Mukden) Rio de Janeiro Hamburg
San Francisco Hankow
Harbia
Hong Kong
Honolula Hainklog Karachi Robe
Landon
Los Angeles"
Moj
Manila, Ph
Insariat Allowed
Seattle Semarang
Shanghal Singapore Socrabaya Sydney Tientein Tokyo
Tsingtan Yingkow
For some
Cheques" and Letters of Credit and, time manufacturing costs have In addition, the world-wide services been going up, but so far this does' sf its thoroughly equipped Travel De-not seem to be fully realized by partment.
C. H. BENSON,
General Manager.
THE MERCANTILE BANK OF INDIA LTD.
HIBAD OFF:02:
• 15, Gmosokareli Blessi, London, - ECA|| Authorised Capital
..£8,000,000 1,800,000
Subscribed. Capital: Paid-up Capitaleike. -1,050,000- Reserve Fund & Rest .. 1247,482
BANKENGY
The Bank of England ähkidaşi. Bank, KAR.
Bangkok Bombay..
Calcutte
Colocabo Delhi Gui
Kandy
Kota Bhar
Kunja Lipia
· Kanta Laspreet
(Mor)
Shanghai Kasotan (Paháng)" „Birsin Howrskiver Endini analoghporn:
RSG KONG BRANCH
Brary Bescription of Bapking and Exchange busi ...Travellerų - Căsques Invesă. CADEA
Ao on LaTent
Trustee and Execnfcrships -- under- 3M taken:
ENTENLÉT Államok – on Carrier Deposits received for fixed periods Fired Deposits at Naise: ihat, my
is raven to be obtained on-application appli
Q. KISHINALIZ Hong Kong, 11th September,
Tegels Manager. 1, Queen's Rent Comment
1084 Hong Kong, 12th June, 1984.
customers.
Dress Linens
There is nothing new to repurt as regards white and coloured dress linens, but a moderate amount of stock business is being arranged for various markets. Bulk buying for next season is being held up account of the advanced prices quoted,
THE SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED.
(Incorporated in China) *- Gapital paid up
*$5,000,000. Reserves.
..$7,000,000. Capital Savings Dept. $500,000 Reserve Savings, Dept. $300,000.
Head Office-changkat u
A Bark having as its mission the
·Industrial, development of China and the fostering of her commer- cini, relations Ebrond.
Hong Kong offös-7 Ica House" Bez kombile Phone* 1481-248#.
on
LOCAL SHARES.
A
TO-DAY'S QUOTATIONS. The following is the list of local share quotations issued to-day:
Banks.
NEW YORK STOCK
EXCHANGE
S. E. Levy And Co. And A.O.F.C. Quotations
New York, Yesterday.
The following quotations from Now York have been received by Messrs. S. E. Levy and the American Oriental Finance Corporation."
Lart
MODERATE ACTION FINANCE COMMITTEE
ON WALL STREET
Reactionary Tendency Indicated
SENTIMENT UNSETTLED
New York, To-day. The New York market was mo-
MEETING
Supplementary Expense Of $149.351
$100,000 FOR DUMPING GROUND
A vote for $100,000 for the for- Close Opening Noun derately active and somewhat Ir:[mation of a dumping ground at Kun NY/London ... 5.00% 500% 300% Cotton Dec... 1307 1812 1816
Mar.
1316 1323 1325 H.K. Bank 1715 b. 1735 8, 1725 Silk Dec.
111%
1094 Rubber Des; ·.. 1603
1601 Mar.
1641 C. Wheat Dec. 100%
May
30,
H.K. Bank (London), $136 n. Chartered Bank £15% n. Mercantile Bank, A. & B. £20 Mercantile Bank C. £13. Bank of East Asia, $88 n. Am: O. Finance Corp., Sh. $20 China O. Fin. Ord., Sh. #4 n. China O. Fin. Pref. Sh. 85 m.
Insurances,
Canton Ins.. $200 n. Unido Ins., $540 m. China Underwriter, $1.15 n. China Fire Ins.. $510 n. H.K. Fire Ins., $246 . International Assce. Sh. $8 n. Shipping.
Douglases, $40% n. H.K. Steamboats, $7 n. Indo-Chinas (Pref.), 830 n. Indo Chinas (Def.), 893 m. Shell (Bearer), 48/1% n. Union Waterboats, $13% n.
Mining. Antunoks, 64 cts. b. Balatoes, $36% b. Baguio Gold, $44 cta. n. Benguet Consolidated $41 b. Benguet Exploration 17% cta n.
Benguet Goldfield. 20 ets. . Big, Wedge, 12 cts. n. Gold Creek, $2 a. Gold River 21 cts. 8. Ipo Mining $24 n.
Itogons $5 n
Kailan 23/6 n.
Langkats (Single) Sh. $17 n. S'hai Exploration. Sh. $5 a. S'hai Loans, $6%1⁄2 1/ Raubs $13 n.
Venz; Goldfield, 5 n.
:
Docks. etc.
. Amer Smelt... 33% Auburn, 22 Con Gas NY :. 25% Du Pont
regular yesterday, but the trend Tong, for the spoil from the dredger now operating of the west side of was chiefly lower. The penetra
the Kowloon Peninsula, appears in tion of the recent resistance the list of votes for supplementary 2642 levels has
unsettled sentiment expenditure, amounting to $149,-
and, with mining issues again 351.00, to be placed before the Finance Committee at the meeting under pressure,--Únited States following the Legislative Counsil
Smelting shares falling three Meeting to-morrow afternoon.
Two votes of $10,000 each. for the
tionary tendency seems to be in-purchase of a Morris Six-cylinder Chassis Fire Engine and Locomo- tive repairs and renewals for the Kowloon Canton Railway, respec-
S.E. Levy & Company's Report.
1074
107%
108
n. C. Corn Der... 70%
May
79%%
81
82
W. Wheat May. 89% STOCKS:
80%
334
points a further moderate reac-
2214
25%
dicated.
85%
A54
854
El Bo and Sh... 10
10%
10
Gen Motors... 274 Int Tel and Tax
27%
27%
A
Loew's Inc.
26K
25% 25%
McIntyre
44%
៥៩៤
2276 22%
23%
and Company, New York state!
Nat Distill
18
18%
NY Central
20%
20%
Stan Oll NJ
43%
43%
43
Un Aircraft
14
U.S. Steel..... 32%
1374 32
14
London Prices.
Mont Ward
In their market report, Messrs.tively, will also be considered.
S. E. Levy and Company, corres-
pondents for Messrs. White, Weld
"Stacka:-There was some fur- LATEST QUOTATIONS:
ther liquidation on lack of any
apparent improvement
strike situation 3244
in the
or in general business conditions. We continue
New York, Yesterday. The following quotations have
The following quotations from Lon- to expect but little support until been received by Messrs. S. E. Levy don were received last night between the market approaches much low
5.30 p.m. and 10.30 p.m.
Silver: Spot 21 13/16 (last close), er levels. 21% (last reed.), 1/16 down (change), 000 shares.
Silver: Forward 21% (last close), -21 13/10 (last recd.), 1/10 down.
Business done :-630-
Bonda: Government issues were off by 1/2 point. High- Silver Report: India and speculatora grades were sloppy; blocks are bought. China sold. Business small.
Gold: 10/11% (last close), 140/3 coming in for sale with bids scares (last recd), Ed. down (change), and are about 1/2 point down.} London/New York Rate: 5.00% (last Second-grades improved towards close), 5.00 3/10 (last recd.), 1/10 up the close, but were off fractionally {(change),
London/Paris Rate: 75.08 (last on the day.
{close), 75.03 (last recd.), unchanged. "Grains: The wheat market is Liverpool Cotton-Oct.: 6.30 (last acting well on any broadening of close), 484 (last recd), 06 down interest. Speculative buying un- (change).
Liverpool Wheat-Oct.: 5/8 (last doubtedly caused good up-turns. close), 5/87% (fast recd.), up The Canadian crop estimate of (change).
265,000,000 bushels was about as expected. Monday's sales:-20,- 783,000 bushels.
January
and Co., and the A.O.F.C.
Sept. 10 Sept. 11.
New York Cotton;
October
Closing Closing:
12.94 13.05
December
13.07 13.18
January
13.10 43.22
March
13.16
13.30
May
13.23
13.36
July
13.28
13.42
Spot
13.20 13.30
New York Rubber:
1
October December
15.77
15.82
16.03 16.08
16.15
16.19
March
16.41
16.46
May
16.66
16.73
July
16.95
16.09
Chicago Wheat:
September
106% 106%
December
100% 107%
May
107 108%
Chicago Corn:
September December
784 79%
7834
- 79%
May
814
82
Winnipeg Wheat:
October
892 84%
May
December
8434 852
895%
892
New York Sugar:
Octotier
1.91
1.92
March
1.90
1.93
May
1.95
1.97
New York Suk:
December
1.11 1.11
SPECIAL TO CHINA MAIL.
(Ry Telegraph, Copyright, 'Telegra Iphic Messages Ordinance, 1894, Be-
February
1.12
1.01%
April
1.12
1.111⁄2
London Rubber-Oct-Dec. 7 11/16 (last close), 7% (last recd.), 1/18) down (change).
London Rubber-Oct.-Dec.; 7 13/16 "Cotton-Light trade buying is (last close), 7% (last recd.), 1/16 absorbing moderate and spasmo- down (change).
die hedges.. There is increasing
London Forecast
A forecast from London on the pro-hope of an early settlement of the bable trend of the New York Market, textile strike.
Continued on Page 11). states:-
With little. alteration in the domes
tic outlook, no change is expected in
conditions on Wall Street and the ten-}
¤.
doncy is likely to remain dull,
H.K. Wharves, $111 m. H.K. Docks, $1414 n. Providents (old), $11⁄2 n. Providents (new), 350 cta. D. Hongkewa, (old) Sh. $812 Hongkews, (new) Sh. $310 n. New Engineerings, Sh. 4 n. S'hai Docks, Sh. $118 m.
Cotton Mills.
Ewos Cottons, Sh. $10.70 b.
The Wheat market is expected to FRESH SUPPORT FOR
open very dull, the Bureau Report having no effect.
The Rubber market is anticipated to open a little down.
A lower Cotton market is expected
owing to unfavourable Liverpool cables
S'hai Cottons (old), Sh. $75.
.
n.
and a continuation of unfavourable strike news, though some mills are TE- opening.
S'hai Cotton (new), Sh. $44 Zoong Sings, Sh. $111⁄2 n. Wing On Textiles, Sh. $55 n.
Lands, Hotels, etc.
H. and S. Hotels, $5.55 8. H.K. Lands, $50, n.
S'hai Lands, Sh. $27 n. Metropolitan Lands, Sh. $14 n. Humphreys, $10 m.
H.K. Realties, $4.60 n. Asia Realies "A", Sh. $140 n. Asia Realties "B" Sh.$20 n. Chinese Estates, 888 6. China Realties, Sh. $16% n. China Debenture, Sh. $187 n.
Public Utitles.
H.K. Tramways, $20 b. Peak Trams (old), $15 n. Peak Trams (new), $7 n. Star Ferries, $981⁄2 1. Yaumati Ferries, $21 m. C. Lights (old), $8.45 b. C.'Lights (now), $8.10 n. H.K. Electrics, $72 b. Macao Electrics; $25 n. Sandakan Lights, $8 :s." Telephone (old); $23.90 b. Telephone (new), $11 b. China Buses Sh. 13.20 n. S'pore Tractions, 4/9 b. Singapore Pref., 17/8 b.
Industrials.
Malabon Sugars, 810 n. Cald: Macg. (ord), Sh. $21 ̈n. Cald: Macg. (Pref.), Sh. $20 n. Canton Ices, $2.70 n. Cements, $2.60-8:
H.K. Ropes, $81⁄4''n.
Stores, etc. Dairy Farms, $244 b. Watsons, $5.60 [n. (3) Der. A. Wings, $1 n. Lane, Crawfords, 34.16_n. Mackintoshs, $21 n......... Sinceres; $10 n.
Wm. Powells, 70 eta, ni Wing On (H.K.) #110 n.
Miscellaneous
H.K. Amusements, 34 m. Entertainments, $7% n. S.G.; Enterprises, $1.30 nm United Theatres, Sh. #11⁄2 n. Macao "Greyhounds,” #2 n. Constructions (old), $1.80 n. Constructions (new), 78 cta. b. Ch Govt. 5% 1925 GEBda
88%
H.E. Govt, 4% Loan 7% prem.
Govt 34% Aeprem b." "Wallace Harpers, 87% 1.
There are. strong rumours of the removal of the Process Tax..
BANK FAILURES LAST YEAR
Smallest In American History
“NEW DEAL”
Unfavourable Market Factor On Wall St.
Ferived September 12, 9.27 a.m.)
New York, To-day.
Business indexes, apparently, are GENERAL NOTICES. showing the current upward re- bound.
Favourable market factors yester- day were that automobile produc-:
NOTICE.
tion totalled 38,106 units last week THEREBY beg to notify the
public that I am
not res--
ac
against 32,586 units for the pre- vious week and 40,367 unita during ponsible for any debts or the corresponding period of last counts signed by any person on CREDIT SURVEY IN CHICAGO year, and the revival in the steel my behalf.
SPECIAL TO CHINA MAIL. (By Telegraph, Copyright, Telegra- phie Messages Ordinance, 1894, Re |ceived September 18, 9.27 a.m.)
output and consumption.
An unfavourable factor was that of the Democratic the success Party at Monday's election in
W. EGGE.
Washington. To-day, Maine is interpreted as support for Is It Insured? ?
Mr. Crowley, of the Federal the "New Deal" ---- United Press, Deposit Insurance Corporation, pet. 9. E. Levy and Company.
in a letter to President Roosevelt, nt Hyde, Park, states that bank failures in the past year were the smallest in United States history. Only five small insured bank closed.:
NEW LOANS ON CORN
Insurance - All Classon LOWEST RATES
American Asiatic” Underwriters
Fed. Inc., USA. General Agents
Washington, To-day. The Re- construction, Finance Corporation Head Office He said that 50,000,000 ac- has granted the Commodity Credit | counts were insured.
Corporation U.S.$100,000,000 to re 17, The Bund. In connection with the plea fund and make new loans on corn| Bhanghui. for more liberal bank examina at 65 cents a bushel-United Press, tions, the United States Treasury per S. E. Levy and Company. Secretary, Mr. Henry Morgen- thau, has reserved judgment pending the completion of the credit survey in the Chicago area. United Press, per S. E Levy and Company.
LOCAL DOLLAR STEADY
Silver Prices Decline
The local dollar remains ateady, opening on demand this morning at 11/02.
0
Spot and forward silver have de forward silver clined 1/16, closing prices yester day being 21 and 21 13/18, res- pectively affect
t
The London on: New York cross- Irate, which closed at £-U.S.44.88%
90 Monday, closed at U.S.$3.00 esterday, while the New York London rate closed at 2-U.S.15.01% compared with £-U.S.35.007/0 Monday.
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, ING. CHICAGO BOARD OF TRADE
CORRESPONDENTS FOR WHITE, WELD & CO. NEW YORK
7 ICE HOUSE STREET, HONG KONG
Vol. 80101 and 30108
ايه
H.E. Offer Asia Life Building
Tel. 30234.
Address: Belco