BANKS
HONG KONG AND SHANGHAI BANKING CORPORATION.
Authorised Capital
$50,000,000
Lassed and Fully Paid-up 30,000,000
Honors Funde 1 ---
Berling immun € 6,300,000 Birat sramnomaran $19,000,000.
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.
Incorporated by Royal Charter, 1858.
Raserve Liability of Proprietor
20,000,000
HEAD OFFICE: LONDON
Paid-up Capital
HEAD OFFICE: HOHOXONG,
Reserve Fund
£3,000,000 £3,000,000
£3,000,000
臨時
Salper
BOARD OF DIRECTORS,
Hou, Mr. 0.0. B. Wadkis
Chairman
> Dodwell, Beg.
نامج
f. J. Komick, P.
Reserve Liability -of-Pro-
prietors
Agencles and Branches?
Bemerang Beha
Slanghet Napipore Busan
THE CHINA MAIL FRIDAY, SEPTEMBER 28, 1934.
and
Commerce
Finance
NEW YORK STOCK EXCHANGE
S. E. Levy And Co. And A.O.F.C. Quotations
Afor Ba
Follo
Aurilor.
Deputy Chairman,"
Spod
Bangkok
Karch
Man, Av.-Y. IT.
G. Hiskia, Esq.
Bateria
Blank
1. Compton, EM,
A. B. Morrisou, Esq.
Barabay
Koba
TE. Pearse, Leq.
Caleatte
Kuela
. O, Knight, Maq.
Canlan
Lemper
Y. M. Gnybum, Eag
Cawnpore Cebu
Buching
*Bourdonys
Mladeno
Talplog
Colombe
Stanl
Tintain
Medan
Tengkal
New York
huker)
Insta
Yokubans
Resang
Burabongs
{NY/London..... 4,967 Cotton- Dec. 1253
Mar.
127.1
AMOY
LANGHOS
BATAVIA
BUNDAY
MURDER
PEPING
BAN PRANCIBCO
The following quotations from New York have been received by Messrs. S. E. Levy and the American Oriental Finance Corporation.
Last
Close Opening Noon
498 1257, 1257 1271 1271
114 1515
CALOUTTA
CANTUN
CHEFOO COLOMBO DAIBEN
POOCHOW HAIPHONG
HAMBURG BANKOY KARUIN HONGKRW
ILOILO
ТОНОВЕ
KOSE..
KOWLOON
Chist Manager.
БВАКОПИЕ
LONDON LYONE
MALACCA
MANILA MUA
(Job)
*NEW YORK-
PENANG
RANGOON
BAIOON
KUALA LUMPUR ·
BHANDBAL
BINGAPORE
ТОСПАВАХА
HENGEL PATANI
TONIO
TRINUTAO
YOKOHAMA
Our Accounla opened in Inet Currency
sal Fixed Depolis received for one fear of shorter perioda in Local Company and Burling
a sorme which will be quoted on application. Hong Kong, 18th April, 1934.
Italphong iJamburg
Hankow
Hoas Koat,
P
Foralgo "Enchange and Diners). Denklag kunnası | Silk Dec. y............. 114 iranesclad.
Current Accounts speed and Pled Depolis Rubber Dec. zired for one year or shorter periode at rates which will be quesed on appliestion.
W. H. E. THOMAS, -
Acting Manager. Hong Kong, 20th February, 1984.
THE BANK OF CANTON, LTD. Amer Smelt
Established (912.
Auburn
IPOH
TENISIN
HONG KONG SAVINGS BANK.
The Burizer of the above, Dank is conduct. by the HONG KONG AND SHANGHAI BANKING CORPORATION. Ilutes may susalued on application.
FOR THE HONG KONG AND SHANGHAI BANKING CORPORATION.
V. M. ORATHURN,
Chief Maunger.
Hong Kong, is Februnty, 1984.
THE BANK OF EAST ASIA, LTD.
$10,000,000,00 $4,598.800.
2,484,000.00
Authorized Capital anomenat
P-up Capital Adoption
Bosorii auf Undivided froße
HEAD OFFICE: HONG KONG
1, De Vor fload Casiral.
BOARD OF DIRECTORS:-
He Shou-sce Chow, Chairman,
1. Chan Ching Bbol, Esq. Li Lan
Esq. . . Kwok, Euq., Wang
Tua Tong.
Bang, Kag., Wong Chu Son, Esq. und "Kan Ting
, q
ASDDY
Batavia
Boubay
Ostunita
Colon
Halpbabi
Kan Tong Po, Esq. Clási Manager.
Li The Poug. Esq., Manager.
DRANCHES AND AGENCIES,
Manila Melbourne
New York
Sretr
Бево
Shanghai
Alagapore Sourabaya Exslow
Ragnall
Osaka
5.
Paria
HeaLow Honolulu
Peipfor
nes
Pensaz
Raco
Taiboku Zanteln
Selgor
Toky
San Fra
Kowloom London
VAMODULYE Makohase
Every deptloaf Danking and Exchangy Bulas transit. Lonon granted on approved
Curresi Acounts opened in Local Bus Fixed Deposits, roonivad for ope you shorter periods In Local and Foreign Currencias
arm which will be quoted on "application. Safe Deposit Boxes To Let
LOCAL SHARES.
TO-DAY'S QUOTATIONS.
:...
The following is the list of local share quotations issued to-day:
Books,
H.K. Bank $1726 n..
WALL STREET
RULES QUIET
AND IRREGULAR
Interest Focussed On Washington
INDECISION INDICATED:
New York, To-day.
ROOSEVELT'S TALK TIN AND RUBBER
AWAITED
Influence On Market Anticipated
EXPORT BOOM CHEERING
SPECIAL TO CHINA MAIL. (By Telegraph, Copyright, Telegra phic Messages Ordinance, "1896. Be celved September 28, 8.44. a.m.)
New York, To-day. The market is quiet and irre-
President Roosevelt's nation-wide gular, with movements in most broadcast on Sunday night will cases confined to minor fractions, probably be of the greatest import- Interest, at present, is focussed ance to the market:
en Washington and narrow and Favourable factors governing yes- Indecisive movements seem to be terday's markets were: 15 August n. indicated for the time being.
exports were the highest since 1980, 8. E. Lovy And Company's Report showing an out of season rise.
H.K. Bank (London), $1861⁄2 n. Chartered Bank £15 p. Mercantile Bank, A. & B. £30, Mercantile Bank C. $18, Bank of East Asia, $93 n. Am: 0. Finance Corp., Bh. #20 m. China O Fin. Ord., Sh. $4 x. China O. Fin. Pref. 8h. 85 m.
Insurances.
International Assca. Sh. 16 n.
Shipping.
Mar
1525 1505
1558
C. Wheat Dec.. 103
103%
May....
103%
103%
Canton Ins., $285 n..
C. Corn Dec... 78.
78%
Union Ins., $535 n.
May ..... 79%
80
China Underwriter, $1.15 n
W. Wheat May 874 STOCKS:
87%
China Fire Ins., $510 n.
84% 25
34%
34
H.K. Fire Ins; $249 n.
26
Con Gas NY 20%
2015
80%
Du Pont ..... 00%
DO
91.
Head Office-Hong Kong.
E Bo and Sh... 11.
114
11%
Authorised Capital
Gen Motors ... 294 $11,000,000 Int Tel and Tel 101%
29%
10%
10%
Paid-up Capital
28%
29%
Total Resources ......
47%
45%
20
2014
274
2011
20%
20
22% 23
43%
43% 33% 844
Nat Distill
8,855,000 Loew's Inc. ... 282 82,170,492 McIntyre... Branches: Canton, Toishan, Shanghal, Mont Ward Hankow, Bangkok & San Francisco, London Bankers: Lloyds Bank, Ltd., NY Central...
Foreign Exchange and Banking Stan Oil NJ... 43% business of every discription trans-U.S. Steel... 334 incted.
London Prices. Current Accounts opened and Fixed
The following quotations from Lon- Deposits. received for
one year or den were received last night between shorter periods at rates which will be 6.30 p.m. and 10.30 p.. quoted on application.
Safe Deposit Boxes (various sizes)
for hire.
LOOK POONO SBAX,
Chat Masager.
SAFETY FIRST ! To Safeguard Your Valuables and Jewelleries. Deposit them in a Vault that is really: FIRE-PROOF BURGLAR-PROOF DAMP PROOF!
Sver: Spot 22-5/16 (last close), 22 (last recd.), 1/16 up (change).
Silver: Forward 22% (last close), 22-7/10 (last recd.), 1/16 up (change). Silver Report:--Speculators bought and sold. Market steady.
Gold: 141/3 (last close), 141/4% (lant close), 1. up (change),
London/N.Y. Selling Rate: 4.07% (last close), 4.90-1/16 (last recd.), 1-3/16 down (change).
London/Paria Selling Rate: 74.59 (last elose), 74.53 (Inst recd.), .08 down (change),
Liverpool Cotton-Ost: -6.77 (last OUR SAFE DEPOSIT VAULT (close); Jan: G.72 (last close), 6.68 (last located on the Bezzanine Floor of red.) 04 down (change).
Liverpool Wheat-Oct.: 5/15 (last] Our New building is Specially Con- structed to provide all of these Im-close); Dec.: 5/5 (last close), 6/5%%
(last recd.), unchanged. portant Qualities.
London Rubber-Oct.-Dec.: (buyers)
You may obtain a Safe Deposit (last close) 7-3/16 (last recd), 1/16 Box in this most up-to-date Vault for your own use at a very moderate Ren-down (change). tal
Inspection Cordially Invited. THE NATIONAL COMMERCIAL & SAVINGS BANK LTD. Corner of Ice House Street and Des Voeux Road, Central.
THE
London Rubber-Oct.-Dec. (sellers) 7-7/16 (last close), 7% (last red.), 1/16 down (change).
London Rubber-Oct.-Dec.: |(buyers) 7-5/16 (last recd.)
London's Forecast
at noon
A forecast from London on the pro- bable trend of the New York market, states!
With little change in the internal situation, it is not expected that Wall Street will show any material altera.
| AMERICAN EXPRESS COMPANY, tion HAN TONG PO,
Bong Kong, at March, 1984.
Chief nge.
THE BANK OF TAIWAN, LTD.
Head Office:-Talkoku, FormosR, Incorporated in Japan by Special Imperial Charter, 1899.
Central Bank of Formosa, Notém
issued Average, amount Y45,000,000 |
Branches and Agencies,
INC.
Head Office: 65, Broadway, Now York
Capital
Surplus
Reserves
.U.S.$6,000,000.00 2,087,112.69 1,995,628.81
Hi Noo Naples
.Paris Poip; Prito Reiserdaru Bun Sheph Southampto Elegant Hentilu Taormina
BRANCHES:-
Japan:-Kobo Osaka, Tokyo, Yoko-
kow, Shanghai, Swatow.
China:-Amoy, Canton, Forchow, Hans
hama, Keelung, Makong, Nanto, Shoka, Shinchiku, Taichu, Tainan, Taito, Takao, Tamsui, Teen, Karenko, b Kagi, Heito, Giran
Amsterdam? Antwerp Athan Амика Beatse
Gonon Glasgow
The Hague
Havana Hamburg
Berlia
Havre
Heidelberg
Bestan
Calro
berlakon Jerusalem Lpadaa
Calectis
Colombo Copenhagen Dublin Edinburgh Florence
Interprst Libertie Lugana
Mur
Vienna
Monte Carlo
Venice
Stenlia
Stenich
Others: Bombay, Hong Kong, London, Canne
New York, Singapore, Batavia, Samarang, Soerabaya, Dairen. On and after April 20th, 1934, the]
on Special Current Geners rate of Interest Deposit will be at 14% p.a, on daily, balance and the rate for balance over $10,000 will be quoted on application (Maximum rats—1%),
Hong Kong Branch
Y. OHNO,
Manager.
8, Des Voeux Road, Central -
THE YOKOHAMA SPECIE BANK
LIMITED.
Established 1980
Montreux
l'chcha
Zurfcb
The Wheat market is expected to open steady,
Rubber may open easter.
The Cotton market is expected to rule dull and about unchanged. The technical position has improved by the completion of October liquidation.
LOCAL DOLLAR ADVANCES
Silver Prices Improve
The local dollar has advanced.%. jopening on demand at 17%, this
morning.
Spot and forward silver have ad- vanced 1/16, closing prices yestar- day being 22% and 22-7/18, respec- tively.
The London on New York cross- rate,' which closed at £-U.S.$4.96% Branches of American Express Comon Wednesday, closed at U.8.84.- pany, in Principal elties of United 90% yesterday, while the London States of America and Canada.
Jon New York rate closed unchanged All classes of Commercial Banking at U.S.$4.95%. Transactions undertaken.
Personal investment accounts TRADE TALKS ARE
handled.
SUSPENDED
Company offers to intending Anglo-German Deadlock
The Travellers the use of its "Travelers Cheques" and Letters of Credit and, Capital (fully paid-up) Yen.100,000,000 in addition, the world-wide services Reserve Fund
Yen 124,250,000 of its thoroughly equipped Travel De
ipartment.
Head Ofea-YOKOHAMA
Branches and Agencies at:
Alexandria
Batavia
Berlin
Bombay
Calcatta
Ganton
(Dalny)
Hamburg
Hankow Harbin
Hong
Kong Honolulu
Beinking
Los Angeles Manila Most
Nagarak)
Nagoya
New York
Osaka
Paris
Peiping Rangaon kden) Ria. Je Ieneiro
San Francisco Seattle
Semarang Shanghal Singapore
Soerabaya'
Sydney Tientsin Tokyo
Tsingtan Yingkow
Interest allowed on Urent Ad
Deposits received for fad Yarlo
'Et rates to be obtained on application:
G. KISHINAMIK
Mapager Hong-Kong, 11th September 1984
C. H. BENSON,
General Manager.
London, To-day.
The Board of Trade announce that discussions between the United Kingdom delegation and the repre sentative of the German Govern- ment have been temporarily Bus- pended in order that the United Kingdom delegation may report to THE WING ON BANK, LTD. His Majesty's Government and take further instructions.-British Wire- HONG KONG
less Service. Authorised Capital $10,000,000 Foreign Exchange and Banking Business of every description transacti ed,
Current Accounts opened and Fixed Deposits received for one year or shor ter period at rates which will be quot ed on application.
THE SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED.
(Incorporated in China);;),(4
Capital paid up $5,000,000, Reserves,
$7,000,000: Capital: Savings Dept $500,000. Beserve Savings Dept. 1500,000
Safe Deposit Boxes (various size) Head Once for hire
PHILIP GOOKCHIN
"GOCKCHIN. Assistant Man
Manager
LI SHU FONO
“Assistant, Manager.
industrial development of
A Bark having as ita miazion, the
and the fostering of
gelal relations abroa
#lion* Kong ofice
Phone
Douglanes, $401⁄2 n. H.K. Steamboats, $7 n. Indo-Chinas (Prof.), $30 m. Indo-Chinas (Dèf.); $88 n. Shell (Bearer), 49/4%. n. Union Waterboats, $18.
Mining.
Antamoks, 60 cts. n. Balatocs, $37 n. Baguio Gold, 47 n.
Benguet Consolidated 424 cts.
...
Benguet Exploration 18 cts. Benguet Goldfield, 20 ct#. x. Big Wedge, 101⁄2 eta, b. Gold Creek, $2 n.
Gold Rivers, 22 cts. b. Ipo Mining $23⁄41⁄2 n. Itogana $8:30 n. Kallan 26/~- 11.
Langkats (Single) Sh. $17% m. S'hal Exploration, Sh. #5 n. B'hai Loans, $61⁄2 IL Raubs $12.90 n. Venz; Goldfield, $5 n.
Docks, etc.
H.K. Wharves, $107 b. H.K. Docks, $14% n. Providenta (old), $15.b. Providents (new), $50 cta, n. Hongkews, (old) Sh. 1809 New Engineerings, Sh. $4% n. S'hai Docks, Sh: #118 m. --
Cotton Mills.
2.
In their market report. Messrs. The Federal Reserve Board has S. E. Levy and Company, corres-postponed the effectiveness of the pondents for Messrs. White. Weld margin requirements until October and Company, New York state: 15. 9. The Federal Reserve Banki "Stocks: We believe that prices of New York reports that the will be higher between now and the wholesale August sales for the Elections in November, but we Metropolitan area was G.5 per cent. would not buy too heavily. Busi-above those of the previous year. ness done: 800,000 shares.
An unfavourable factor was that
SHARES
Latest Quotations From Singapore
The following quotations fran Singapore dated September 21 on Tin and Rubber shares (prices in Straits Currency) have been rem ceived by Messrs. H. B. Joseph ind Co., local stock and share brokers: Mining
Kintas $2.50 b., 82.55. s. Kuchais $1.02 b., $1.05 s. Kampong $5/9-b. Linguis $1.20 b.
Lukuts $971⁄2 b. $1.02% 8. Sungel Luas $1.30 b., $1.35 T. Harbours $6.76 b.. $6.00 3. Takuapas $22/—
Rubbers
Alor Gajah $1.55 b.
Ayer Panas $1.95 b., $2.00 8. Ayer, Moleks $1.30 b.
Bukit Katils 80 cts. b., 8-cts. H. Bassetts 77 cts. b., 82% ctes,
Brogas. $1.02 b., $1.07% ¤, Brunei United 35.25 b.
Bonds-United States Govern-Federation of Labour reports, Bukit K. B. 40 cts. b.
ment
fasues were
easier. High-
grades remained unchanged, but that there is a lessening of the sen- are developing strength. Second-sonal decrease in unemployment.- grade issues made a slight gain. United Press, per 3. E. Levy and
"Wheat:
There are prospects that the next Corn crop estimate will be lower, which is a sustaining factor. Wednesday's sales: 17,035,- 1000 bushels. Corn salés: 7,541,000
bushels
:
(Continued on Page 13.)
Latest Quotations
The following quotations have! been received through Mesars. S. E. b. Levy and Company and the Ameri Oriental Finance Corpora
can tion:
Naw York, Yesterday,
Last To-day's close close N.Y/London Cross-Rate: 4.96% 4.98% N.Y. Cotton-Dec...... 12.58 12.50 N.Y. Rubber-Dec. 15.25 15.07 Chic Wheat-Dec. 103% 103% Chie Corn---Dec. 78% 78
Silver-Official ....
(Dow Jones AvgJ
30 Industrials 120 Rails
20 Utilities
Auburn
Company.
PRIVATE CREDIT DRAINED
U.S. Govt. Alleged Financing Itself
SPECIAL TO CHINA MAT
Washington, To-day.
Mr. Henry Fletcher, the New York financial expert, has charged the United States Government with draining private credit to finance It- self.
The way the Government fin ances are conducted, with double Bookkeeping, shifting money poll 49% 49%*cies, pegging the market for
Government bonds, official specu : To-day's Sept. 20 Close Change|lation and foreign exchange, 92.44 93.40 .96 up makes one think that the money 30.01 36.62 61 up exchangere will be driven out of 20.05 20.80 15 UP Wall Street into the Treasury,” 92.00 02.26 26 up
.
Index 69.85 90.86 01 up .17 Leading Stocks
he declared..
08% SHANGHAI RUBBER
SHARES
40 Bonds
11 Commodity
n.
Amer Can
Amer Smelt and Ref.
34
Amer Tel and Tel
112%
20.
Case
4-47%
Du Pont
91
Elec Bond and Share
11%
a. General Motors
20%
n.
Ini Tel and Tel McIntyre
44
Montgomery Ward Nat Distillers
271%
Ewo Cottons, St. 810.30 n. S'hai Cottons (old), Sh: $75 S'hai Cottons (new), Sh. $44 Zoong Sings, Sh. $11. n. Wing On Textiles, Sh. $55 n.
Lands, Hotels, etc, HK. and S. Hotels, $5.40 b. H.K. Lands, $50 b.
H.K. Lands 4% Debentures
prem. buy.
S'hai Lands, Sh. $27 n. Metropolitan Lands, Sh. $14 n. Humphreys, $10 z.
H.K. Realties, 84% b. Asia Healties “A”, Sh. $140 n. Asia Realtles "B" Sh.$20 n. Chinese Estates, $99 n. Chinn Realties, Sh. $15. China Debentures, Sh.--
Public Utilities, H.K. Tramways, $20 b. Peak Trams (old), $15 n. Peak Trams (new), 7 n. Star Ferries, $98 n.. Yaumati Ferries $21. C. Lights (old), $81⁄2 n. C. Lights (new), $8.30 b. H.K. Electrics, $71 b.. Macao Electrica, $25, n. Sandakan Light, $8 s. Telephone (old), $28.80 n. Telephone (new), #11 b.... China Buses Sh. 18.20 n. Bingapore Tractions, 5/- b. Singapore Pref, 17/9 b
Industrials.
N.Y. Central
Socony-Vacuum Union Pacific
% West E and M
U.S. Steel
Malabon Sugars, 38.70 n. Cold: Maeg. (ord.), Sh. $21 m. Cold: Macg. (Prof.), Sh. $20 ̊ n. Canton Ices, $2 b.. Cements, $2.40. H.K. Ropes, $3
Stores, etc.. Dairy Farms, $24. n. Watsons, $5.60 n. Der. A Wings, 81 n. Lane, Crawfords, $4.15 m. Mackintoshs, $21 n... Sinceres, $10 n. Wm. Fowells, 70. cts. n. Wing On (HK), 110
Miscellaneous,
H.K. Amusements, 24 n. Entertainments, $7% n. 3 8.C Enterprises, $1.80 n. United Theatre, Bh.14 Macao Greyhounds," 42 n Constructions(old), $1,80 m.
Constr Ch. Go
prem
Business done:-800,000 shares,
Latest Quotations
Messrs. Carroll Bros. have re- 10% ceived the following cabled quo- tatlong of Shanghai Rubber 2014 Share... (Prices in Shanghai Dol 22% lara)
Anglo Javas $12.00.
14%
102
34%
Anglo Dutch $8.30.
325%
Chemors 94 cts.
NEW YORK STOCK EXCHANGE COMMITTEE FORMED.
Consolidateds $3.70,
A
Java Consolidateds $2.20. Kroeweeks 85 cts. Tanah Morah $1.99. Tobongs 66 cts. Ziangbo $11.25,
Changkat Serdang $5.75 b. Glenealys $2.27 b. $2.321⁄2 a.. Indragiris $1.271⁄2 b... $1:35.6. Kempas $3.20 b,
Kuala Sidims $2.45 b., $2.65 8. Kluangs $6.00 b., $6.25 9. Mentakabs 42 cts. Ex R..
cts. Ex. R. Bi Mandal Tekong, 29 cts. b., 32
cts, .5. Malake
Pindaa $1.67 $1.72% 8.
Du
New Sendais $1.87 b., $1.92%
Nyalas $1.30 b., $1.35 .. Pajams $2.27%1⁄2.b., 32.371⁄2 Punggore 42 cts. b. 45 cta, s... Sungel Tukangs $1.15 b., 1.208. Telok Ansons $1:40 6. Tapahs $2.27 b. $2.376 . Tambalake $1.02% Cum.
$1.07 Cam...
United Malaccas $1.80, Ex. Dly....
6., $1,85 Ex Div. 4. Ulu Fanden $1.35 b.
Ulu Benuts 53 cts. b., 59 cts.
器。
Raub Australian Gold Mining Co.
Ltd.
Buyers Str. $8.50 Ex Div.
Sellers Str. $8.75 Ex Div.
COTTON, REDUCTION
CRITICISED
Farmers Policy To Be Decided Early
SPECIAL TO CHINA MAIL, (By Felegraph, Copyright, Clepra phie Messages Ordinance, 1895, Re ceived September 28, 8.44 m.)-
Washington, To-day.
The United States Secretary of Agriculture Mr. Henry C Wallace. holda the opinion that the reduction of United States. cotton is insufficient to build up foreign competition to a great extent.
He said that Southern farm- ers were confronted with a ques tion of policy which must be de- cided before next Spring.-
ed Press per S. E. Levy and
New York, To-day-The New York Stock Exchange has appoint- ed a non-member on the Advisory RETURN TO GOLD STANDARD Committee. Ten persons, including MUST PRECEDE RECOVERY bankers, Industrialists, -a rafiroad} » president, and partners of five Ex-
Chicago, To-day The Federal Company: change member firms comprise the Advisors Council, composed of one committee who will attend a meet-representative of each Federal ing of the Board of Governors.- Reserve district have forwarded a Company.
letter to the Reserve Board stat Is It Insured? ing that a return to the gold stan- RAILWAY INCOMES DECREASE dard must precede any permanent recovery. United Press," per "S. E. Levy and Company.
1.
New York, To-day. The New York Central Railway showed a net operating Income. during August of $2,524,476, as against $4,450,661 Last year
U.S. RAILWAY PENSIONS.
Insurance AHZCIARDOM
LOWEST RATES TOAS American Amatic Underwriters Fed. Inci USA General Agents
New York, To-day. Beginning Head Oles The Pensylvania Railway showed on October 4, the Supreme Court is anet operating income during likely to hear arguments regarding August of $3,703,096, as against the constitution of the Railway 87,623,980 United Presa, per S. Epension question. United Press, Levy and Company,
per S. E. Levy and Company, fo
AGRICULTURAL MARKET VALUES RISE
New York, To-day-The Agricul- tural Adjustment Administration has anounced that the merket value of wheat, corn, hogs and cotton is 101 per cent above 1982 and 25 per cent. above last year.
The A-AA is planning to ques tion farmers regarding the desir- ability of the continuation of the Bankhead Act United Press, per S. E. Levy and Company,
WORLD SILVER PRODUCTION ON INCREASE
New York, To-day Acording to the Bureau of Metal Statistics the
anghal
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
COMMODIT
CHICAGO BOARD OF TRADE
CORI
ITE WELD
"ICK HOUSE STE
20101 and 80103
NEW TOLK
KHÔNG TÔNG
HE O
Aula Lite
Buildig
·Tel.:80234)