-
BANKS
HONG KONG AND SHANGHAI
BANKING CORPORATION.
Authorfand Capital
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.
and and Fally Pad 32000. Incorporated by Royal Charter, 1983.
Motorra Funda;-
Herre Liability of. Tropriators
READ OFFICE; HONGKONG,
wwwwwww
Chalzinan,
B. I. Dodwal, May. Deputy ChainaA.
Bowling ravinnsl Bran
# $1,500,000 $10,000,000
HEAD OFFICE: LONDON
21,006,000
Paid-up Capital
Reserve Fund
.£3,000,000 £3,000,000
BOARD OF DIECIOMT. Hos. Mr. C. 0.8. Moki
Reserve Liability of Pro-
prietors
£3,000,000
Agencies and Branches:
Alor Bi
Aurii
-Fpr
Парколо Kalyon
Bangkok
Kazach
Folayla
Alany
Boutbar
Koh
Cakratie
Kokia
Secainban Rangkai Singapore
Lixapar
Sitiawan
Campore
Kachtr
||Cabu,
Madak
Colombe
Manita
Talping Tlentin
Dalbi
Modag
New York
Hamburg
Pol
T-ingtao
Unkow
Yokohama
Lette
Teanna
Zamboang
Đhơn, Mr. W. If. Bali.
A. 11. Compton, Eng W.d. Roswick, Esq.
B. V. Knight, Eay.
AMOY MANGRUR
BATAVIA
BOMBAY DALCUTTA
CANTON
OLEFOO COLOM
DAIBEN FOODHOW
ITA PITONG
FLAMBURI HANHOW
HARBIN
HONGLEW
JOILU
1708
JOHORD
KOBE
KOWLOON
0. Miskin, Faq.
K. S. Martino, Eng.
1. E. Pearce, Eaq,
▼. M. Graybarna, Esq. Chief Euanger.
BRANCHVA
LINDUN LYONI
MALACCA MANILA
STVAR AJnbore]
31URDEN
NEW YORK
PEIPINO PENANG RAKOOON
BAIGON
SAN FRANCISCO
KUALA LUMPUR
SHANGHAI
SINGAPORE
EOGRADATA
BUBOBI FATANI
ΤΙΕΝ ΤΗΝ
TUXTO
THENOTAO
YOKOHAMA
Curreal accoste-opened in Lovel Currane
nad Fired Dupontis reculved loe vas your ar
Marler periods is Local Company and Bello sarms, which wilt be quoted on suplication Hong Kong, Watch April, 1934,
Halabong
Bourabaya
THE CHINA MAIL, FRIDAY, OCTOBER 26, 1934
Commerce and
Finance
LOCAL DOLLAR STEADY
Silver Prices Advance
The local dollar remains steady, opening on demand this morning at 11/700
Both spot and forward silver ad- vanced 1/16, closing prices yester- day being 23-13/16 and 23-15/16, respectively.
The London on New York cross- rate, which closed on Wednesday at Porsign Exchange and General Booking busin—U.S.$4.98%, closed yesterday at
Hoog Koor
Transacted.
Current Accounts opened sad "Flxed Deposita] £—U.S.$4.97%, while the received for one yene or shorter, perioda at "entos: which will be quõlad on application.
W. H. É, THOMAS,
Acting Manager. Hong Kong, 20th February, 1984.
New York on London rate closed at U.S.$4.97, as compared with | £-U.S.$4.9814.
LOCAL SHARES.
TO-DAY'S QUOTATIONS.
STRONG UPTURN
EXPECTED
Wall Street Broker's Prediction
"AMERICA CAN NOW
RELAX"
Journal's Comment On Roosevelt's Speech
|MANY CONSTRUCTIVE FACTORS SPECIAL: TO CHINA MAILED
(By Telegraph, Copyright, Telegra Jokio Messages Ordinance," 1896; Re New York To-day. ceived October 26, 11.03 b.m.) An overwhelming dominance' of)
New York, To-day, The following is the list of local constructive factors led brokers to
The "Wall Street Journal," in an predlet a strong and sustained editorial on President Rocaevelt's share quotations issued to-day:
market up
address to bankers, said: "The ten-
Banks.,
H.K. Bank $1585 b. H.K. Bank (London), $1331⁄2 n Chartered Bank £15% n. Mercantile Bank, A&B. £30 Mercantile Bank C. $19.- Bank of East Asia, $99
yesterday."
S. E. Levy And Company's Reportsion has broken and the country In their market report, Mesare. Can now relax. We can devata a
NEW ADVERTISEMENTS
THE MACAO JOCKEY CLUB MACAO RACES SUNDAY, 28th October, 1934.
Special sallings see Steamboat Co. Notice.
NEW YORK STOCK EXCHANGE
A.O.F.C. Quotations
S. E. Levy and Company, corres larger share of our time to the bust-S. E. Levy And Co. And -pondents for Messrs. White, Weld less of recovery of which the Pres sident spoke and to making profita and Company, New York state:
"Stocks: The inability of the which the President have endorsed.” Am: 0. Finance Corp. Sh. $20 market to respond, more readily to United Fresy, per S. E. Levy and China 0. Fin. Ord., Sh. $4 n.
Company. Chine O. Fin. Pref. Sh.. $5 n..
..
Insurances. Canton Ins., $285 8. Union Ins., $50214 b........... China Underwriter, $1.15 b. China Fire Ins., 510 m.
THE BANK OF CANTON, LTD. THE ANGLO-GERMAN HK. Fire Ins., $2371⁄2 n.
EXCHANGE
· · Established 1912.
Head Office:-Hong Kong.
Anthorised Capital
Total Resources
$11,000,000 8,055,000 32,170,4921
Board Of Trade Figures
Paid-up Capital:..
London, To-day.
Branches: Canton, Toishan, Shanghai, In regard to the Anglo-German Hankow, Bangkok & San Francisco, exchange agreement, the Board of
Foreign Exchange and Banking
HONG KONG SAVINGS BANK London Bankers: Lloyds Bank, Ltd Trade has announced that the un-
The Business of the above Bank Leduc
by thONG KONG AND RHANQUAT
BANKING CORPORATION. Hules may shalsed on application,
business of every discription trans-sold balance in the special accounti acted.
of the Bank of England at the Reichsbank amounted on the even-
Current Accounts opened and Fixed; Deposits received for one. year or
¿quoted on application.
FOR THE HONG KONG AND SHANGHAI shorter periods at rates which will being of October 24 to 5,450,000
BANKING CORPORATION
V. H. UMAYRUAN.
Chief Manaque.
Hong Kong 24h February, 1834.
THE BANK OF EAST ASIA, LTD,
Authorised Capital
...@40,000,000,00
....$ 5,500,000,A0 Bild-up Capital ummmmmmmmt a Boner and Undivided Proßte (24B4,000,00
HEAD OFFICE:-LONG. HONG 11, D You Bond Central,
HOARD OF DIRECTORS :-
Sir thou-son Chow, Chairman,
It Loon Chun. Esq. F. X. Swak, Eng Wood
Twa Toor. Ey.. Chin Ching Bhek. Eng
Sang, Erg, Wong Chu 800, Esq. and Kar Fing 1. Ki
Bombay
هاان والسنة
Ban Long Po. Eng.. Chust Manager.
L T Pong, Eng., Kuongar.. |
BRANCHES AND AGENCIES 20
والأعمال
Bestils
31
Barang
Slagmanki
Shanghai
New York
VARKS
Kingapore bourabaya
Heights Hasion
Paris
POLLIR
-bydney
Penang
Eske Kowloon Loadou
Has good Baigo
Tethoing Telan
Ben Frauciso
Tokra VAJOUTE Yokoha
Honolulu
fars, desorption of Beaking and Pschange Busias trauected. Losos grested on approved
carlos,
Current docounte opened in Local Curr
and Fixed Depoults toseirad for you
borlar paried in Escal and Foreign Currencies
es arms which will be quoted on application
Hata Depout Borsa To
KAN TUNG PO
Flong Rong, 1st March, 1984
Chiat Manager.
THE BANK OF TAIWAN,” LTD.
Head Office: Talhoka, Formosa," Incorporated in Japan by Special Imperial Charter, 1899,
Safe Deposit Boxes (various sizes) for hire.
LOOR POONG EBAN,
Cala? Manager.
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 Mezzanine Floor of Our New building is Specially Con- structed to provide all of thean Im- ¡portant Qualities.
You may
reichsmarks approximately.
The amount notified to the Relchsbank and awaiting transfer to the special account at midday on October 24 amounted to 13,750,000 reichsmarks approximately.
The sales of sondermarka be tween Gctober 22 and 24, inclusive. amounted to 1,201,000 reichsmarka.
--British Wireless Service.
U.S. RAILWAY ROLLING STOCK SUGGESTED
New York, To-day. Mr. Joseph B. Eastman, the Federal Co-ordinator of Trans- obtain Safe Deposit Box in this most up-to-date Vault for port, has recommended that the your own use at a vary moderate Rea-railroad companies pool their freight car equipment in the in- Iterest of economy.. United
Press, per S. E. Levy and Co.
ital.
Inspection Cordially Invited. THE NATIONAL COMMERCIAL & SAVINGS BANK, LTD. Corner of Ice Home Street and Des Voeux Road, Central
THR
VAST INCREASE IN U.S. CAR SALES PREDICTED
wwwwwww
Automobile
New York, To-day.
manufacturers pre-
AMERICAN EXPRESS COMPANY, diet that 1934 sales will total 2,-
INC.
Head Office: 65, Broadway," New York
Capital
Surplus
Reserven
laaned Average amount "Y,45,000,000
Branches and Agencies,
Central Bank of Formosa, Notes
Japan:-Kobs, Osaka, Tokyo, Yoko-
hama, Keelung, Makong, Nanto, Amarde "Shoka, Shinchiku, Taichu, Tainan, Taito, Takao, Tamaul, Toen, Karenko. Kagi, Heito, Giran.
China:-Amoy, Canton, Foochow, Han-
kow, Shanghai, Swatow. Others: Bombay, Hong Kong, London, New York, Singapore, Batavis, Sumarang, 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 ráte➡134), 1.
Y. OHNO,
Manager.
Hong Kong Branch"
8, Des Voeux Road, Central,
.U.S.$8,000,000.00 2,097,112.69 1,995,528.31
موازل
Nio Naples Piraeus Paris Palpis: Pafirma Rolberdan
Shangha Sonthampton Shigug *Mendilu Termina Vienna
BRANCHES:-
Antworp
Atbana
Asrosa
Hentre
Berlia
Gevon Blagan
BAT Kambing HATTO
Bomber
Breman
Hildalborg Interlaken
Вешкови
Jorstelens
Cairo
Fondon
Colectie Cauties Colomie Copenhage
Liverpest
Luceras
Lugano
Luior
Dublin Edinburgh Plocence
Marvellou
Moule Carle
Manila
Musleh
Vanica Tokohama Zurloa
Moatrous
Branches of American Express Com- pany in Principal cities of United Btates of America' and Canada.
All classes of Commercial › Banking Fransactions undertaken.
THE YOKOHAMA SPECIE BANK Personal investment accounts
LIMITED.
Established 1880
Landled.
800,000 cars, over 40 per cent above the sales of last year. An estim- ate indicates that the normal an- nual output is above 3,750,000 cars. -United Press, per S. E. Levy and Company.
International Assce. Sh. $8 n.
Shipping.
Doublases, $41'ń. H.K. Steamboats, $74. Indo-Chinas (Pref.), $30 n. Indo-Chinas (Def.), $38 n. Shell (Benrer), 45/71⁄2 n. Union Waterboats, #18% n.
Mining.
Antamoks, 60 cts, n.
Balatoes, Ex. Div. $37. a. Baguio Gold, Ex Div. 46 cts. n. Bengust Consolidated 41%
cta. n.
Benguet Exploration 22 cts. n. Benguet Goldfield, 20 cts. n. Big Wedge, 10 cts. n. Gold Creek, $2 n.
the stimulus provided by the Presi dential speech," : indications" of the Jelection in California and the Pen-
The following quotations from New York have been received by Messrs. 5. E. Levy and the American Oriental Finance Corporation.
Last
sions Bill ruling must be construed LATEST QUOTATIONS NY/London. 4.98% 4.38 4.95
unfavourably for the present. We would protect holdings accordingly.]
Mar... The following quotations have Business done:-1,030,000 shares. been received by Messrs. S. E. Lovy "Bonds-United States Goyern- and Co. and the A.O.F.C. ment issues were down. High-grades!
Oct: 25 Oct. 26 Rubber Dec. were easier at the close, but there New York Cotton: Closing Closing c. Wheat Dre. [was still a good demand. Second-October
grades were off.
December
"Grains: The market. Ignored January bullish Argentine news. Liquidation March
of December contracts was an in-May- fluence. Total sales:
Wheat:-July
October
"Cotton:Spot"
cotton firms December
17,483,000 bushels: Corn:--8,785,- New York Rubber: 000 bushels,
sold with freedom. Cotton for Oc-January tober, 1935 is expected to open at a March discount.
(Continued on Page 13) Latest Quotations
NY Central 23% 23
964 Stan Oil NJ, 414
961 U.S. Steel 34% 344
London Prices
The following quotations from Lon- don were received last night between 74% 5.30 p.m. and 10,30 p.m.
Close Opening 11 am.
Cotton Dec, .... 1239 12.88 · 12.88
Silver Dec.
1246
12.48 12.40
5300
59.04
Mar. Silk Dec.
Mar......
5380
64.00
117
116b
1414
1452
14.18 14.57
.98
-98
12.35
May
98%%
:98%
..12.39 12.29
C. Corn Dec...
76
75%
1.12.42
12.92 May
77% /
776
12.46
12.35
W. Wheat May.
81%
82-
STOCKS:-
.12.51
12.40.
Amer Smelt
36%
36%
12.53
12.45
Auburn
20 27% 26%
Con Gas NY
27%
28%
..18.97
13.91
Du Pont
94
93%
El Ba and Sh... 10%
10
.14.14
14.07
Gon Motors... 30%
30%
30%
.14.25
14.16
Int Tel and Tel 10
10
10%
14.52
14.46
Loew's Ind.
**** 3034
.30%
May
..14.72
14.64
MeIntyre
44%
Mont Ward
2876 29
July
.14.93
14.87
Nat Distill
22
Chicago Wheat; December
98
The following quotations. have May been received through Messrs. S. E July
98%
.93%
91%
Gold Rivers, 21 ets. ..
CAT tion:
Levy and Company and the Ameri- Chicago Corn: Oriental Finance Corpara December
75%
May
77
7636
Salacots 16 cta, n.
New York, Yesterday. July
773%
76%
Kallan, 23 n
Last To-day's Winnipeg Wheat:
Langkats (Single) Sh. $17
n.
N. Y./London--
October
7830
76%
Cross-Rate
4.985%
N. Y. Cotton-
4.07 December
774
Dec.
.12.30
12:20-May
8134
81
N. Y.. Rubber-
New York Sugar:
Dec
.14.14
14.07 October
1.70
1:80
Chic Wheat
March
.1.70
1.74
Dec
98
9814
¡Chic Corn-
May
1.74.
1.78
Dec.
·76
74% July
1.79
1.88
Montreal Silver-
Dec. Silver...
··Offfelal
New York Silk:
53.00
53.20 December
1.17
1.18
63
58,16
March
1.18
1.17
(Dow Jones ATK) ·
May
1.19
1.17
To-dayis
New York Metals:
Oct. 24 Close, Change
90 Industrials
5.99
: 6,06
58.00 A
.58.80
.54,50
NOMINAL.
Ipo Mining $21⁄2 n.
Itogans $6.30 n.
'S'hai Exploration,. Sh. $51⁄4 a.
S'hai Loans, $6% 0. Raubs $11.60, n. Venz; Goldfold, $5 n.
Docks, etc.
H.K. Wharves, 107 b. H.K. Dock $12,00 ni Providents (old), 11⁄2 b. Providents (new), $50 cts. n. Hongkews, (old). Sh. $310 n.. New Engineerings, Sh. $51⁄2 ¤. S'hai Docks Sh. $124 n.
Cotton Mills.
Ewo Cottona, Sh. $104 5. S'hal Cottons (old), Sh. $75 n. S'hal Cottons (new), Sh. $46 n. Zoong Sings, Sh. $9.40 a. Wing On Textiles, Sh. $55 a.
Landa, Hotels, etċ. · H.K. and S.Hotels, $5 s. H.K. Lands, $51 b.
20 Rails
20 Utilities 40 Bonds
....95.60 94.19 1.41 off Copper March
11 Commodity In-
dex
.87.69 35.79 1.90 of Tin March .......50.55.- .19.90 19.4440 off Montreal Silver:",
93.88 93.93 07 up December
.102 A. ASKED.
.58.07 57.71,30 off)
¡March.
17 Leading Stocks
May
Close Jely
Amer Cen Amer Smelt & Ref
36 N.
.110%
Auburn
234
47
B2
H.K. Lands 4% Debentures 24 Amer Tel & Tel
prem. s, Shanghai Lands, Sk. $27% ¤.. Metropolitan Lands, 3h. $14 'n. Humphreys, $10 m. (*) H.K. Realties, $41⁄2 n.
· Agia Realties "A", Sh. $140 n.
RAW RUBBER PRICES Asia Realties "B" Sh.$20. m
Latest Quotations From Singapore
Messrs. H. B. Joseph & Co have just received the following Straite Currency quotations (Buyers) from Singapore for Raw Rubber.
Jan.-Mar-24% down. April-June-26.down%:
Market:-Dull.
SHANGHAI RUBBER SHARES
Latest Quotations
Messrs Carroll Bros. have receiv The Company offers to intending ed the following cabled quotations Travellers the use of its Travelers of Shanghal Rubber Shares. (Prices Capital (fully paid-up) Yen. 100,000,000 Cheque Letters of Credit ad in Shanghai Dollars
In addition, the world-wide services
Beserve Fund"......
Yon.124,250,000
Head Offres-YOKOHAMA
Branches and Agencies at:
Alexandria
Batavia
Berlin
Bombay
Calcutta
Canton
Nagasaki Nagoya New York Osaka Paris Palping Dairen · (Dalny).. Rangoon Fengtien (Mukden) Rio de Janeiro Hamburg
San Francisco
· Hankow.
Harbin
Hong Kon Hopolula
Usinking Karachi
Los Angeles.
Moj
Kobe London
Manila AIyterint; allowed
Deposita received
3 rates to be obtai
Seattle Semarang Shanghai Singapore
Soer baya
f its thoroughly equipped, Travel De partment.
4. E: BENSON,
General Manager.
THE WING ON BANK, LTD. HONG KONG
Authorised Capital $10,000,000
Foreign Exchange and Banking Business of every description transact- ted.
Current Accounts opened and Fixed Deposits received for one year or shor- ter period at rates which will be quət-1 ed on application.
Safe Deposit Boxes (various sizes)
for hire
PHILIP GOCKCHIN
GOCKCHIN
Assistant) Mannger.
LI SHU FONG “Assistant: Harií
Anglo Javas $11.75 Anglo Dutch $8.00 Chemora 90
Consolidateds $3.60 Java Consolidateds: $2.00 Kroewoeks 82. Tanah Merah $1.88 Tebongs 67 Zlangbe $10,60
THE SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED; (Incorporated in China) Capital vaid unt Reserve
$5,000,000 7,000,000,
Emers
$500,000 $600,000.
A Bank
mission the development+767) China
Chinese Estates, $90 m. China Realties. Sh. $154 a. Debentures $137 n.
Public Utilities. H.K. Tramways," $20 n. Peak Trams (old), 814 n. Peak Trama (new), $7 n. Star Ferries, $97% n Yaumati Ferries $211⁄4 b. C. Lights (old), $8.95 m. C. Lights (new), $7.70 n. H.K. Elecrtics $69% n. Macao Electrics, $25 n. Sandakan Light, 18 n. Telephone (old), $23 b,~ Telephone (new), 310 n. China Buses" Sh. 18.20 n Singapore Tractions: 4/6-b Singapore Pref., $17/9 b.
Industrials.
Malabon Sugars, $8.70 n. Cold: Macg. (ord.), Sh. $21, n. Cold: Macg(Pref.), Sh. 320 në Canton Ices, $2.65b. Cements, $2.35 m. H.K. Ropes, $84 n.
Stores, etc.
Dairy Farms, $2371⁄2 11. Watsons, $5% n Der, A. Wings, $1ŷn. Lane, Crawfords, 24 n. Mackintoshe, 821 neig Sinceres, $10. n. Wm. Powells, 70 eta, n.. Wing On (H.K.), 110. n.
Miscellaneous.. H.K. Amusements, $4 n.. Entertainments, $735_n. 9.0. Enterprises, $1 n.. United Theatres, 895 $1% Macao "Greyhounds,, **** Constructions(old), $1.80 n. Constructions (new), 78, Ch. Govt 6% 1925 GBds HK Govt 4% Loan Bre prom H.K Govt.3% Loan 1%
4% prem
Wallace Harpers, 17 Vibor Piling $6.60 b.
J. E Case Du Pont
Elec Bond & Share General Motors
|Int Tel & Tel :
McIntyre Montgomery Ward Mat. Distillers IN, Y. Central
Secony-Vacuum Union Pacifle
U. S. Steel. West E&M.
Silver: Spot 23% (last close), 23-13/10 (lakt reed.), 1/16 up (change), Silver: Forward 28% (last clone), 28-15/16. (last recd.), 1/16 up (change).
Silver Report: India bought. Spect 78% latore bought and sold. China "sold.
Market quiet..."
50.85
Gold: 139/10 (last close), 189/8 (last reed.), dd, down (change)
London/N,Y. Selling Rate: 4.98% (last close), 4.98% (lant reed.), un-- changed...
Londort Paris
Selling Rate:4-75,401
{(last close); 75.40 (last recd) 06 down
(change).
Liverpool Cotton-Mar. 6.62 (last close), 6.69 (last red.), .07 up (changed)..
Liverpool Wheat Dec.: 5/1 Clasb close), 5/1 (last recd.) unchanged.
London Rubber Jan-Mar.: (buyers)
17 (last close), 8-15/16 (last rood.), 1/18 down (changed).
London Rubber-Jan.-Mar.: (sellers) 58.20 47-1/16 last close), 7-1/18 (last recd.), 54.20 uncated. supuso S
London Rubber-Jan-Mar. (buyers) (last red.) 55.06 NLondon's Forecast
54.70
29 RUBBER SHARES
20%
9%
27% 2144
21%
131
.100%
P
Latest Quotations From Singapore
33 Alor Gajah
MAJOR ADVANCE ON WALL
STREET PREDICTED
A New York, To-day.
Buyers Sellers $1.50 $1.60 8.30 3.50
1.90 C.
at noon
A forecast from London on the pro- bable trend of the New York market, states:
..
Wall Street is expected to r
to record an improvement, owing to the continued strength of railroad issues and also on
President Roosevelt's promise to curtail public expenditure as business picks up and the affirmation of profit motive are
Constructive points:
The Cotton markat is expected to open steady, with further Hightening of "Spot". Agriculturists are urging the Reconstruction, Finance Corporation, for more liberal credit abroad, enabling foreigners to purchase cotton, Other- wiser Senate Investigation is threathan ed. Secretary. Wallace la against D. lowering catton prices and favours an increase in American, Importa, enabling" |foreign traders to obtain Dollars with
which to buy cotton.EMMA
Wheat prices will probably reflect the lesa bearish Argentine advices.
Rubber prices may open unchanged.
31
Amal Malays ¡Ayer Panas
Bassetts
1.80
75 80
C. Serdange
5.25
5.50
Glenealys Indragiri
2.20
1.25
2.30 4.1.30
The Dow Jones industrial aver- Jimah age is 95.60, as against 95.71, the Kedah high level reached on August 25. Kempas [Railroad average ls 87.69, às against Lünas
1.75 1.95
3.00
8.15
2.90
3.00 C. D.
2.16
2.25
a high record of 38.42. Chart com-Halaka Pindas
1:65
1.70
plore say that a major advance New Scudai should be seen if the August levels Pajama are pierced-United Press, per ST. Anson E. Levy and Companý. „
¡U'td Malacca
1.85
1.90
2.12 2.17
1.45 1.60
SEA FISHING INDUSTRY REORGANISATION
London, To-day-The views of representatives were invited upon the report of the sea fishing com mission and general unamimity was expressed as to the need for drastic réorganisation of the indus- try on the lines recommended by the commission and already publish- ed-British Wireless Service. The
Is It Insured? ?
Lasurance →→ All Claisen LOWEST BATES American Asi
BeFed. Inci USAZ
General Agent
A
1.82 1.87
· ·EXTRA DIVIDEND DECLRED E
New York, To-day-The Colgate Pamolive Peet Company has als nounced an extra dividend of th Cents per share. United per S. E. Levy and Company
S. E. Levu & Co.
UNDERWRITERS AND DISTRIBUTORS
SECURITIES AND COMMODITIES BOUGHT AND SOLD ON COMMISSION
DAILY NEW YORK STOCK AND COMMODITY SERVICE
Members:
NEWYORK.COTTON EXCHANGE COMM DITY EXCHANGE, INC. CHICAGO BOARD OF TRADE
CORRESPONDENTS FOR
WHITE WELD & CO., NEW YORK:
ICE HOUSE
and 80108
TONG KONG