BANKS
HONG KONG AND SHANGHAI BANKING CORPORATION.
Authorised. Capital: $80,500,000 Soomed nad Fully Pald-up 20,208,000 Koonera Funda :→→
Starlingto
Sliver
£8,500,000 $10,000,000
Reserva Liability of Proprister....$20,000,000
HEAD OFFICE: BONORONG.
NOARD OF DIRECTORS.
Hon. Mr. 6. 7. H. Mackie
Chairman,
8. II. Dodwall, dog.
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.
Incorporated by Royal Charter, 1853.
HEAD OFFICE: LONDON
THE CHINA MAIL, WEDNESDAY, OCTOBER 3, 1934
and
Commerce
Finance..
FOR BRITAIN'S
UNEMPLOYED
MORE RELIEF
Paid-up Capital
Reserve Fund
..£8,000,000 £3,000,000
Reserve Liability of Pro-
pristore
.£3,000,000
Agencies and Branches:
Aloe 8112
Holle
Bangous
Amriluz
Ipoh
Kalpon.
Denghuk
Karachi
Kemang
Bataria
Kiane
Bereinhan
Terobos
Phanghai
R. 9. Morro, Eng.
Calcutta
T. E. Ponzos, Lag.
Kuals
Singapore
Canton
Lumper
Bitlowan
Cawnpore
Xurbing
Kourabaya
Cibu
Madra
Taiplar
Colomb
Marile
Tientela
Delhi
Medan
Tongkah
Haiphong
New York
(Bhular)
Hambur
Paiting
1.inrtso
Hankow
[Peking) TARANE
Yokoham
Deputy Chaitrana.
Mot. Mr. W. H. Ball,
A 11. Cumpton, Eng
W. I. Kowwirk. Eng
0. Knight, Eng.
AMOY BANGBOR
TAVIA
JUMBAY CALOUTTA
CANTUN
OHEFUR COLOMBO DAIKEN POGOTOW HAITHOU
HONOKFW
HASRUNG
BLANKOW
MARDIN
(101
#POEI
JUROAB
кола
KOWLOON
0. Maka, Eng.
V. K. Orayburn. Reg.
Chief Jaunger.
BRANCHES
LONDON
LIONH
MALACCA MASILA
IT/Aft (Jolors]
MUKDEN
SEW YORK
PRIMINO
PENANG
HAN JUON
BATION
SAN FRANCISCO
„KÜALA, LUNPICH
SHASOHAI
SINGAPORE
EDURABAYA
RINORI PATANI
TIENTSIN
TOKYO
SINUTAR
YOKOHAMA
Current Accoutale opened la Local Cusrening Pised Deposity required for on your or kustar perinda to Last Company and Cheriing term which will be quoted an application Hong Kong, 5 Apr, 1984,
HONG KONG SAVINGS BANK.
The Dualcare of the above Bank is oondust.
by 21ONG KONG AND SHANGHAI
BANKING CORPORATION,
itule may be
Harbia
Bang Eng
بواری
Zambung
Foreign Exchange and Aunara Banking is
traced.
Cutral Acousta opened and Fland Deposite rasalted for one year of shorter periods a watch will be quoted an applestos,
W. H. E. THOMAS,
Acting Manager, Hong Kong, 20th February, 1934.
Dates Fixed For New Scheme
RESPONSIBILITY TRANSFER
London, To-day.
Local authorities throughout Brl- tain will to-day be notified that, subject to Parliamentary approval, the dates on which the new unem- ployment assistance scheme, which is to supplement and complete the provision for unemployed mads by the unemployment insurance, is to come into force are January 7 and
THE BANK OF CANTON, LTD. March 1 next year.
7
Established 1912.
On the first of these dates per. Eons under the transitional pay. Head Office: Hong Kong. ments scheme will be transferred to the Unemployment Assistance Authorised Capital $11,000,000 Board, and on the second date the
8,655,000
take over from 32,170,492 Board will
Paid-up Capital
the
Total Resourcea Branches: Canton, Tolahan, Shanghai, public assistance authorities the Hankow, Bangkok & San Francisco. responsibility for the remaining of London Bankers: Lloyds Bank, Ltd.,
Foreign Exchange and Banking
the persons coming within the business of every discription trans- scope of part 2 of the new Un-
employment Act.
{acted.
Current Accounts opened and Fixed: Deposits received for one year or FOR THE HOKU KONG AND SHANGita shorter periods at rates which will be
aktikad on application.
BANKING CORPORATION.
V. M. ORAYBURN,
Chial Manager.
Hong Kong, th February, 1954,
THE BANK OF EAST ASIA, LTD.
Anthoniad Capital ........
Paid-up Capital
-$10,600,000.00
Mooren wul Undivided Prodis
13, De Vaux Road Central.
$5,200,000.00 §3,485.000.00
I HEAD OFFICE:-HONG KONⱭ
BOARD OF DIRECTORS:-
Ni Shoo-son Choy, Chalreist..
La Moon Chuz, Esq., P. R. Ewok, Exgs Wool
Tua Tora, Bay, Chisu Chlag Fish, Esq, là Lan hang, Eng., Woog Chu Son, Esq. and Kan Tiog Jo, Exy.
Batavie
Bombay
Boun anton
Kan Tong Po, Esq. Chiat Manager.
Lá The Forg, Eng., .
Haiphong
Haskow
Banla
Kobe
Kowloon London
BRANCHES AND AGENCIES:-
Saccos
Alanila
Bestil
Melbourne
Nagasaki
New York
Osaka
Shangha Bingapors
Bourabaya Biow
Paris
Paiping
Bydney
Panang
Talboku
Rangona
Tiantia
Balgon
Tohjo
Sa Franco
Ewy descrip'lva
Tabooster Yokokaras
of Banking and Exchange
in trucsacted. Los granted on approved
in
-Pustul Accounla
speed in Locul Co
sad Fixed Deposits ripsired
shorter periods In Local and Foreign Currence
** terms which will be quoted on application.
Bal Depoult To Le
KAN TONG Po,
Hong Kong, let March, 1094.
Chief Manger,
THE BANK OF TAIWAN, LTD.
Head Office:--Talhoka, Formosa, Incorporated in Japan by Special Imperial Charter, 1898.
Central Bank of Formosa, Notes
finued Average amount Y.45,000,000
Branches and Agencies, Japan:-Kobe, Osaka, Tokyo, Yoko- hama, Keelung, Makong, Nanto, Sholu, Shinchiku, Taichu, Tainan, Taito, Takao, Tamsui, Toen, Karenko, Kagi, Heito, Giran. China-Amoy, Canton, Foochow, Han-j
kow Shanghai, Swatow. Others:-Bombay, Hong Kong, Londen,
New York, Singapore,
Batavia, Samarang, Boerabaya, Dairen. On and after April 20th, 1984; the rate of Interest on Special Current Deposit will be at 1% pa on daily balance and the rate for balance over $10,000 will be quoted on application
Maximum rate—1%).
Y. OHNO,
Mansgor. 3, Des Voeux Road, Central.
Hong Kong Branch
quoted on application.
Safe Deposit Boxes (various sizes) for tire.
LOOK PODNO STAN,
Chiat Manager.
SAFETY FIRST!
To Safeguard Your Valuables and Jewelleries.
Deposit them in a Vault
that is really: FIRE - PROOF BURGLAR PROOF DAMP-PROOF!
(Continued on Page 11)
CHINA'S FOREIGN
TRADE
Unfavourable Balance Of $300,006,000
EIGHT MONTHS' FIGURES
Shanghai.
An unfavourable balance amount-
OUR SAFE DEPOSIT VAULTing to more than $300,000,000 was
located on the Mezzanine Floor of
registered in China's foreign trade
Our New building in Specially Con- during the past eight months from structed to provide all of these Im January August last, according pertant Qualities.
to statistics released by the Mari-
The
You may obtain a Safe Deposit time Customs at Shanghai. Box in this most up-to-date Vault for total amount of imports during the (your own use at a very moderate Ren- ital.
period was $717,631,782, while ex- ports-amounted only $367,516,584,
Inspection Cordially Invited.
THE NATIONAL COMMERCIAL thereby, registering an unfavourable
& SAVINGS BANK, LTD. Corner of Ice House Street and Des Voeux Road, Central,
THE
balance of $300,006,000. The ex- cess of imports over exporte for the month of August was $30,195,-- 174, which represented an increase Jover the imports of the previous
month.
Imports from the five leading AMERICAN EXPRESS COMPANY, foreign countries having trade re-
INC.
Head Office: 65, Broadway, New York
.U.S.$8,000,000,00 2,087,112.69 1,996,628.31
LOCAL SHARES.
TO-DAY'S QUOTATIONS.
The following is the list of local share quotations issued to-day:
Banks,
H.K. Bank $1665, 8. H.K. Bank (London), £138% Chartered Bank $15% n.. Mercantile Bank, A. & B. £30% Mercantile Bank C.. £18. Bank of East Asia, $93 n. Am: O. Finance Corp., Sh. $20 China O. Fin. Ord., Sh. $4 n. China O. Fin. Pref. Sh. $5 1.
Insurances.
Canton Ins., $285 n. Union Ins., $630 ea... China Underwriter,, $1.15 n. China Fire Ins.. $510 n. H.K. Fire Ins., $240 . International Assce. Sh. $8 a.
Shipping.
Douglases, $4011⁄2 n. H.K. Steamboats, $7 n. Indo-Chinas (Pref.), $80 n. Indo-Chinas (Def.), $38 n. Shell (Beurer), 48/9 n. Union Waterboats, $18% 1.
Mining.
POSITION FAVOURS ADVANCE
Chartists' View Of Wall Street Trend
FAVOURABLE FACTORS
New York, To-day. Chart compilers consider that the market's technical position favours an advance,
Favourable factors yesterday were the demand for deposits in the Federal Reserve member banks, which totalled $13,112,000,- n. 000 for the week ended Septem- ber 26, an increase of $169,000,- n. 000 from the previous week and
an increase of $2,607,000,000, a8| compared with, the corresponding m. period of last year, and that both Industrialists and members of La- bour Unions commend President Roosevelt's truce proposal,
Antamoks, 60 cts. n. Balatoes, Ex. Div. $37 n. Baguio Gold, Ex Div. 46 cts. 1. Benguet Consolidated
cts. n.
Intions with China, namely Grent Britain, Japan, United States, France and Germany, have all shown increases. The following table gives the figures of imports: and exports in their trade with China during the past eight
months:
Capital Surplus Revirves
**
BRANCHES:
Name of
Amarda
Latvir
Ath
Asian
Bentw
Barlin
Bombay Breme
Glinger
Havane Hamburg Harr Haldelbarg Interistes
+
Milno Nic Napla
country
United States
Great Britain'
Pirsous Paris
79,845
Imports Exporte
(Unit: $1,000) 199,496
66,958 35,200
Japan
-78,735
54,145
Germany
63,167
12.847
Brussele
Caire
Calcutta
Садр
Jerusale London Liverpool Lucas
Colombo Copaskagen Dublin Pålsborga Fion Gepers
Logeno
Luxor
Vents
Monte Carlo
Vanita
Manlle
Tokob
Munick
Zurtch
Koolroy
Polpia; Palering Reiterdam Born. Shingl Bouthampton
Ringep Tastatu Taartzina
Branches of American Express Com- pany in Principal cities of United States of America and Canada. ».
-All classes of Commercial Banking Tansactions undertaken.
Personal investment accounta
THE YOKOHAMA SPECIE BANK bandied.
LIMITED.
Batablished 1980
..
The Company offers to intending Travellers the use of its Traveloca Cheques" and Letters of Credit and, fn addition, the world-wide services its thoroughly equipped Travel De-
Capital (fully paid-up) Yen.100,000,000 Reserve Fund ....... Yen,124,250,000partment
Head Office:-YOKOHAMA
Branches and Agencies at:.
· Alexandria
Bombay
Batavia
Barlin
Calcutta
Canton
Nagasaki Nagoya New York Orka Paris Peiping Rangoon
Dairen (Dalny)
(Mukden) Rio de Janeiro
Hankow Harbin
Hong Kong
Honolulu Hainking Karachi Kobo
Lendon
Los Angeles Manila
Moff
San Francisco Seattle Semarang
Shanghat
Singapore
Boerabaya Sydney Tientsin
Thingtan
Tokyo
Yingkow
Interset' allowed on Uzrent
Deposita received for fixed trett
Q. H. BENSON,
General Manager,
THE WING ON BANK, LTD.
: HONG KONG
Authorized Capital $10,000,000 Foreign Exchange and Banking Business of every description transact [ed.:
Current Accounts opened and Fixed Deposita received for one year or shor ter period at rates which will be quat ed on application,
Safe Deposit Boxes (various sizza) for hire.
PHILIP GOOKOHIN:/ Chist Manager !
rates to be obtained on application. L. GOCKCHIN
GKISHINAMI
Hong Kong, 11th September, 1934.
Assistant Manager
SANLI JHUAFONG
Assistant, Mana
France
17,887 13,111
The imports consist mainly of piece goods, woollen goods, paper, cereals, metals, machinery, sugar, etc.-(Chekisi Agency),
THE MERCANTILE BANK OF INDIA, LTD.
HEAD OPPION:
18, Graseeburek Bless, London, EAR..
£8,000,000
1,800,000
Authorised Capital Subscribed Capital: Paid-up Capital..... 1,050,000 Reserve Fund & Rest 1,247,432
„BANKBB6: The Beak of England & Midland Bank, Ltd. BRANCULS: Baarkok
Dim. Tork Керала Park Do
{Marian} *Rangoon
Abanghai Koentin (Pibing) Simli
Karachi
Ipo Raudy
Calcula
Colomb
Kole Bhare
Dubl
Kosta Cipla
Galle Howral
Kuala Lumper
Boog Zoog
HCSO KONG BRANDIT** Evwy ascription at Banting and Exchange bask DeFransacted.
Tervallara Chorguem-nood.
Trustee and Executorships under taken.
+-
PINTEREST Allowed on Correstals and Pized Deposita ni Batam that may hi moartalnad
J. B, BOSS,
7. Quma's Hood Central,;
Hong Kong, 12th June, 1936.
THE SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED: -(Incorporated-in-China)-
Capital paid my Reserves Capital: Sayi }Raservis!
Hea
Industria
velopment
and the tering of her.
41%
Benguet Exploration 19 cta. b. Benguet Goldfield, 20 cta. n.
Big Wedge, 10% ets., n.
Gold Creek, $2 n.
Gold Rivers, 22 cts, n.
Ipo Mining $21⁄2 n.
Itagans $6.30 n.
Kailan 25/6 n.
Langkats (Single) Sh. $17.
S'hai Exploration, Sh. $5 n. S'hal Loans, 8616
Raubs $12.90 n.
Venz; Goldfield, $5 n.
Docks, etc.
H.K. Wharves, $107 b. H.K. Docks, $14%.. Providents (old), $1% n. Providents (new); $50 cts. n. Hongkews, (old). Sh. $310 n.. New Engineerings, Sh. $44 n. S'hai Docks, Sh. $118 n.
Cotton Mills,
Ewo Cottons, Sh. $9.95 a. S'hai Cottons (old), Sh. $751⁄2 n. S'har Cottons (new), Sh. $44 n. Zoong Sings, Sh. $11% n. Wing On Textiles, Sh. $55 n.
Lands, Hotels, etc.
H.K. and S. Hotels, $5.40 b. H.K. Lands $50 b.
H.K. Lands 4% Debentures 34%
prem,
Shanghai Lande, Sh. $271⁄2 n. Metropolitan Lands, Sh. $14 n. Humphreys, $10.
H.K. Realties, $4% b." ** Asla Realtics "A", Sh. $140 n. Asia Realties "B" Sh. 20 n. Chinesa Estates, $90 p.. China Realties, Sh. 15 n.
Public Utilities.
H.K. Tramways, $19.90 b., $20 sa. Peak Trams (old), $16 n. Peak Trams. (new), $7 n. Star Ferries, $98 m. Yaumati Ferries' $21 n. C. Lights (old), $8.70 b. C Lights (new), $8% b. H.K. Electrics, $71 sa. Macao Electrics, $25 a. Sandakan Light, $8 Telephone (old), $29.35 n. Telephone (new), $10.90 b. China Buses Sh. 13.20 m. Singapore Tractions, 4/9 b. Singapore Pref., $18 b.
Industrials, Malabon Sugaru, $8.70 m. Cold: Macg, (ord.), Sh. $21^n. Cold: Macg. (Pref.), Sh. $20 n. Canton. Ices,; $2 n. Cements, $2.85 n."
H.K. Ropes, $3 m
Stores, etc. Dairy Farms, $28.80 s. Watsons, 15.60 D.
Mackintosha, "21" 1.
An unfavourable factor was that Fuel oil prices at Atlantic Ports have been reduced by 15 cents a barrel, due to increased stocks.
ご
.
DR. SZE DISCUSSES U.S. SILVER POLICY
Cordell Hull's Resume Of Monday's Talks
SPECIAL, TO CHINA MAIL. (By_Telegraph, Copyright, Telegra phie Messages Ordinance. 1894, "Ee- ceived October 8, 8.40 a.m.)
Washington, To-day.
The Chinese Minister to Washington, Dr. Alfred Sze, conferred with the American Secretary of State, Mr. William Cordell Hull, and other State Department officials' yesterday' regarding America's policy.
silver
Nobody commented on the conversations, but it is under- stood that Mr. Hull gave 'Dr. Sze a resume of Monday's dis- cussion with President Roose velt and the Treasury Secre- tary, Mr., Henry Morgenthau. -United Press, per S. E. Levy and Company..
LOCAL DOLLAR STEADY
Silver Prices Advance
NEW. ADVERTISEMENTS
T
QUEEN'S COLLEGE
THE ANNUAL SWIMMING SPORTS will be at the Y. M 6. A., Kowloon, on THURSDAY, October 4th, at 2.30 p.m.
NEW YORK STOCK *
EXCHANGE
S. E. Levy And Co. And A.O.F.C. Quotations
The following quotations from New York have been received by Messro, 9. E. Lovy and the American Oriental Finance Corporation.
NY/London Cotton Dec.
Mar.
. Last
Close Opening Noon ... 4.91 492 692%
1231 1200
1258
1220
1243 1237 1239
Silk Dec. Rubber Dee.
11314
113
1442
1473
Mar...
1480
1504
C-Whest Dec.
100%
98%
May
100%
99%
C. Corn Dec.
7834
75%
May
784
77%
W. Wheat May, 87
83
STOCKS:
Amer Smelt
83
34
Auburn
231
25
Con Gas NY Du Pont
28-7
28
28%
87
87%
89
The local dollar is 'steady, open-El Bo & Sh
10%
10%
10%
Gen Motors ... 28% Int Tel & Tel. 0%
28%
28
9%
0%
274
27%
28
45 454
254 25%
264
1874 21
18%
19
21
42 427 424 ...... 324
82 ---395*
8. E. Levy And Company's Report In their market report.. Messrs 8. E: Levy and Company, corres- pondents for Messrs. White. Weld and Company; New York state:
"Stocks: The market lacked any stimulating news and the vo-ing on demand at 1/7. lume of trading was small. We still favour purchases on declines, Business done:-370,000 shares.
(Continued on Page 7)
Latest Quotations
Spot silver advanced and for-Loew's Inc ward silver 3/16, closing prices Nelntyre yesterday being 22% and 22, res-Mont Ward pectively,
Nat Distill The London on New York cross Stan Oil NJ
NY Central
46
London Prices, The following quotations from Lon
The following quotations have rate, which closed at £-U.S.54.97% U.S. Steet been received through Messrs. S. E. OR Monday, closed at £-U.S.$4.92. Levy and Company and the Amart while the New York on London rate can. Orients) Finance Carnora-closed at £-U.S.$4.93%, as compared 5.80 p.m. and 10.30 p.m.
don were received last night between with £-U.S.$4.97 on Monday.
tion:*
IN. Y./London- Cross-Rate
N. Y. Cotton-
Dec.
N. Y. Rubber.
Dee.
Chic Wheat-
Dec.
Chic Corn-
Dec.
New York, Yesterday.
Last To-day's close closo
4.91% 4.93
.12.31 12.29
.14.42 14.71
1.00% 99
16 762
Silver
Ofetal
50
(Dow Jones Arg.)
To-day's
30 Industrials
20 Rails
20 Utilities 40 Bonds
GOLD PRODUCTION FOR WORLD August Increase On July Figures
SPECIAL TO CHINA HAIL.. (By Telegraph, Copyright, Telegra phic Messages Ordinance, 1894, "Re- 50% ceived October 8, 8.40 )
New York, To-day.
Silver: Spot 22-7/16 (last close), 22% (last recd.), 3/16 up (change).
Silver Forward 22-9/10 (last close), 22% (last red.), 3/16 up (change).
Silver Report:-India. bought. Speculators bought and sold. China sald. Offerings emall. Market steady. Gold: 141/ last close), 142/2 (last reed.), 8% up (change).
London/N.Y. Selling Rate: 4.92% (last close), 4.02% (last recd.), down (change);
London/Paris Selling Bate: 4.28- (last clase) 74.23 (last read.), changed,
Liverpool Cotton-Jan: 6.63 (Inst close), 6.57 (last recd.), .06 down (change).
(les
.90.41 90.88 .47 up
The Bureau of Metal Statisties Liverpool Wheat-Dec: 5/5 34.95 36.12 17 up reports the world's gold produc-close), 5/8%, (last recd.), 1% down .19.78.19.71 .02 off tion for August at 2,240,000 London Rubber-Jan.-Mar.: (buyers)
(change), ..91.81 91.99 .18 up ounces, as compared with 2,224,-17% (last close), 7-3/16 (last recd.),
000 ounces in July and 2,189,000 3/16 down (change). ounces in June.
50.40 59.18 .22 off 17 Leading Stocks
97%
11 Commodity In-
dex .....
Amer. Can Amer Smelt & Ref Amer Tel & Tel Auburn
J. I. Case
Du Pont
Elect Bond & Share General Motors Int Tel & Tel McIntyre
London Rubber-Jan.-Mar. (sollers),
down (change).
United States production (fig-7/16 (last close), 7-5/16 (last recd.), 33% ures in same order) was 239.000, 109%
at noon
London Rubber-Jan.-Mar.
(buyers), 7-8/16 (change).
London's Forecast A forecast from London on the pro bable trend of the New York market,
24% and 286,000: Canada's production 41% wae 263,000, 245,000 and 243,000: 885 South Africa's production was 10% 882,000, 879,000 and 861,000-states: 28 United Press, per S. E. Levy and
Company.
9
40
Montgomery Ward.
20
N. Y. Contral Nat Distillers
19
Union Pacific
Socony-Vacuum
U. S. Stee!
West B & M
21% RAW RUBBER PRICES
14
98%
.1
32 Latest Quotations From
Singapore
31
Cotton prices may open lower but brokers are fairly unanimous that the decline has reached its limit.
Wall Street I expected to open
atendier. Yesterday's sharp setback is
considered to have been rather over- dane, though the sharp appreciation in the Dollar is viewed with some mis-
givings in business circles.
In Wheat, the Winnipeg market is extremely vulnerable and prices would
LATEST QUOTATIONS Messrs. H. B. Joseph & Co. have be much lower in the absence of Gor-
"
The following quotations have been received by Messra. S. E. Levy and Co. and the A.0.F.C..
Oct. 1 Oct. 2 New York Cotton: Closing Closing
October
12.21 12.14 December January
March
May:
Júly
Spot
New York Rubber:
October.
December January March
May... July Chicago Wheat:
December
May
July Chicago Corn:
December May
July Winnipeg Wheat:
12.81 12.29
12.35 12.84
12.43 12.43
12.51 12.48
12.57 12.53
12.50 12.50.
14.19 14.46
14.42 14.71
14.52 14.32 14.80.15.12 15.03 15.85 15.26 15.58
100% 99 100% 99% 984
76% 764 78 76%
7814 78%
October
77%
Der. A. Wings, #1 n. Lane, Crawfords, $4.15 p.
December
78%
May
New York Sugar:
October
1.96
1.96
March
· 1.94
1.91
May
1.97
1.95
July
2.010
1.99
New York Silk:
December
113 11336
115
114
1.161
Sláceres, $10 n. Wm. Powells, 70 cta. n. Wing On (HK), 110 Miscellaneous,
H.K. Amusements, $4 n... Entertal
S.C. Est
rises, $1.80
United Theatres,
Macho
$1.80
February
April
NG
received the following 8traits Currency quotations
(Buyers)
from Singapore for Raw Rubber:
Jan/Mar:-26 Up 4. April/June:-27 Up 4. Market--Dull.
AMERICAN CAR OUTPUT HEALTHY
ernment support.
Is It Insured? ?
Insurance-All Classce LOWEST RATES American Adalic Underwriters
Fed. In U.SA. D.
General Agents
New York, To-day-Automobile production in the United States last week totalled 87,284 units, as Head Office against 88,829. units for the pre
Shanghai
vious week and 43,900 units for the 17, The Bund, corresponding week of last year.
The decline is less than seasonal. -United Press, per 5. E. Levy, and Company.
Ad
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
MMODITY EXCHANGE, INC. CHICAGO BOARD OF TRADE
COR
SPONDENTS FOR
WHITE WELD A CO. NEW YORK
7 ICE HOUSE STREET, HONG KONG
and 801
HE. Ofes Ania Life Building
Tel 30234
Belen
K