BANKS

BONG KONG AND SHANGHAI BANKING CORPORATION.

་་

Buthorised Capital $50,000,000

and and Fully Paids 10,000,000

Reserve Funda -

Berling

Bret

€ 6,19,000 $10,000,000

Banger Liability of Propriators

1

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

Incorporated by Royal Charter, 1853.

́HBAD OFFICE: LÖNDON:

$30,000,000

Paid-up Capital

Reserve Fund-

HEAD OFFICE: LONOKONG.

Chairman,

flon M, N, 1, Dndwal}, Deputy Chairman.

• W, E. Hell, Kuis.

4. B. Compion, E.

.3. INTick, Fa

A. Kught, Kaq."

U. Miskin, Esq.

T. E. Penson, Meg

Y. M. Gizapburn, has. -

Whist Manager.

BRANCHES-

LUNDUM

AMON

JANGKUK

BATAVIA

BOMBAY

Reserve Liability of Pro-

prietors

.£3,000,000 €3,000,000

THE CHINA, MAIL THURSDAY,

MBER 6, 1934

Commerce and Finance..

NEW YORK STOCK EXCHANGE

21,000,000 S. E. Levy And Co, And

A.0.F.C. Quotations

Agencies and Branchen:

BOARD OF DIRECTORA. Uso. Me, 0, 0). S. Miskia

Alor Star

Italia

Bangoos

Amel

Ipol

Balgon

BADERO

Karach

Bezarjag

Balaria

Bermasa

K. B. Morrison, Hog.

Bombay

Kobe

Shangha

• Caloutle

Kons

blagepor

EMATOG

Empor

Bitlan

Kucking

Hour

Didu

Materi

Tuping

Olacabs

Wagile

Than

Ex

Medax

Tongka

Haiphong

Bow York

Hambers

Pulplar

Talegao

Huskow

(Poding)

Yokohama

Harbin

Tarang

Zimboanga

MANILA

MUAN (Johor)

NEW YORK

PEIPING

CALOUTTA

CANTON

CHEFOO

COLUMBU

DALBEN

JOUFLOW

HAIPHONG HAMBUIKI

MANKOW HARRIN

HONGLEW

INSTA

IPOB

JOHOR

Конь

LOWDON

LRUNG

SIALACCA

JUKURN

PENANG RAMOCHON

DAIGON

MAN FRANCIRCO

KUALA LUMPUR

SITANGHAL-

SINGAPORE

SUKADAYA

SUNGKI PATAHI

TIENTUIN

TURYO

THENOTAO YOKOHAMA

Decrease speard in Boost Derricy and Fixed Deposita suosivad for one preZİ OF shorter perioda la Loost Company and Harfog

tem which will be quoted so application. Hong Kong, LIKE Apriź, 1984,

HONG KONG SAVINGS BANK.

Forelyn" Fackanga and Danazal Banking barinum) Correct Lecounts opened and Fixed Depolis peceived for one pier or shorter perioda a rate which will be quoted on application.

W. H. É THOMAS,

Acting Manager. Hong Kong, 20th February, 1934

SAFETY FIRST ! To Safeguard Your Valuables and Jewelleries.

Deposit them in a Vanh

that is really: FIRE PROOF BURGLAR - PROOF DAMP - PROOF i

OUR SAFE DEPOSIT VAULT

located on the Mezzanine Floor of

The following quotations from New, York have been received by Messrs. 8. E. Lory and the American Oriental Financa Corporation.

Last Close

N. Y./Lon-

don.

N. Y. Cotton

March Jilly...

M. Silver

March

11.00

10.10

4.94% 4.94 4.94%

12.46 12.57 12.60 12.38 12.48 12.52

:55.50b 55.20b 55,20b 55.756 65.806 65.705

··LOCAL SHARES.

TO-DAY'S QUOTATIONS. The following is the list of local share quotations issued to-day:

Banks.

H.K. Hank $1600 b,

H.K. Bank (London), £136% n. Chartered Bank £151⁄2 n. Mercantile Bank, A. & B. 232 n. Mercantile Bank C. $181⁄2 n. Bank of East Asia, $93 n. Am: 0. Finance Corp. Sh. $20 China O Fin. Ord., Sb. $4 n. China D. Fin. Pref. Sh. §5 n.

Insurances, Canton Ins.. $270 n. Union Ins., 8511 n. China Underwriter,

81:15 Ba.

BULLISH TONE ON WALL STREET

Chartists Influenced By Rail Rally

14 EXTRA DIVIDENDS

New York, To-day,

UNITED KINGDOM,

SHIPPING

COASTING TRADE'S,

ADVANCE

London, To-day.

The net, tonnage of the vessels

NEW COTTON ACT AMENDMENT

Roosevelt's Gesture Small - Farmers

ESPECIAL: TO CHINA'MAIL..

By Telegraph, Copyright,-Talegum

which have arrived. at United phio Messages Ordinance, 1884. EM Kingdom ports with cargo in for-ceived Dovember 6, 3,59, a.m.)

Warm Springs, to-day. President Roosevelt yesterday

Wall Street chart compilers were strongly bullish yesterday eign trade during October showed and influenced chiefly by the rally increase of 44 per cent, over the

in railroad shares which is attrigures for October last year while stated that if the Bankhead Cotton buted to a belief that the Inter- the arrivals in ballast rose by 3.6 Act is continued, he will recommend s Congressional amendment, exe state, Commerce Commission will per cent.

Departures with those in ballast empting farmers from producing grant increased freight rates.

increased slightly. Coasting trade exceeding two balea. Favourable factors

It is believed that this will ine also showed an all-round advance, volve 800,000 bales but will not (1) Unprecedented over-sub-

ranging from 8.8. per cent, in cargo scription of the Treasury bonds clearances to 6.3 per cent. in bal affect the market price. It will and notes indicates that investors last departures. British Wireless however, aid the small

a.do not expect Inflation.

$1.10 U.,

China Fire Ina., 3510 d. H.K. Fire Ins., 323711⁄2 n. International Aasce. Sh. $5.60-1 Shipping.

Douglases, $41 n.

H.K. Steamboats, $71⁄4 n. Indo-Chinas (Pref.), $80 n. Indo-Chinas (Def.), $38 a. Shells (Bearer) .45/- n. Union Waterboats, 113 n.

May

N. Y. Silk

May

1.30

1.315

¡N. Y. Rubber

March

July

13.32 18.31 13.35. 13.70 13.69 13.70

C. Wheat

May

1.00%

1.01%

July

94%

95%

C. Comm

May

91%

91%

W. Wheat

May

83%

84

STOCKS

Amer Smelting 35%

36

34

Auburn...

20

24

38%

23

984

98%

98%

Mining.

.8%

844

8

Antamoks 71 cts. n.

324

33

73%

Balatocs, $37 n.

016

03%

9

·35%

36%

36%

Bagulo Gold 40 cts. n. ·

Montgomery

Ward.......

29%

297

29

Nat Distillers

27%

27%

27

N. Y. Central

227% 23

Standard Oil

N: J.

42

4234

42%

U. S. Steel.. 98

London Prices

38444 38%

Gold Rivers, 20 b.

Con Gas N. Y. Qar New building is Specially Con-Du Pont... The Buslame of the shore Baak is constructed to provide all of these Im- Elec Bo &

■d by im RONO KOND AND SHANGHAI ANKING CORPORATION. Balas maybe seinad on application.

FOR THE HONG KONG AND SHANGHAI

BANKING CORPORATION.

Y. M. ORAYBURN,

Chief Manage.

Hong Kong. With February, 1004.

THE BANK OF EAST ASIA, LTD.

Authorial Capital

Paid Capital

$10,000,000.00

{portant Qualities.

Share

You may obtain a Safe Deposit General Motors Box in this most up-to-date Vault for Int Tai & Tel your own use at a very moderate Rep. Loew's Inc. tal.

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

The following quotations from Lon-

Recurre and Undivided Prodie THE BANK OF CANTON, LTD. don were received last night, between

HEAD OFFIOR-HONG KONG

I

19, De Vox Bond Central. BOARD OF TRA

DIRECTORS |--

Siz houson Chow, Chalemana

& Lam Chue, eg, P. K. Kwok, a Wo

Tu Yong, Ex. Chan Ching, Bhak, Beq.. 14 Lad

Sang Beg Wong Chu Gọt, Eng, and Kan Yi

Xas Toug Po, Zaq.. Clila! Manager.

Li The Pong. Ergo Manager,

BRANCHY AND AGENCIES:-

Simila

Melbourne

Basika

Bemerang

Bombay

Jagasaki,

Cloutie

Sw York

Gain

Cuka

Paria

Bankow

Feiping

Bagger Sourabaya Buat badoar

Metal

Feing

Hangon

Kowloon

Saigon

Talboku

Toky

Landoa

B Freude

By description of Banking and Exchange

Salommá transacted. 1dens granted an approved

Oral Acente opaved in Local Curmas

and Plaed Deposits ad for ne year

30

bene parloda in focal and Foreign Currenclas

Established 1912.

Head Office-Hong Kong.

Authorised Capital

Paid-up Capital

15.30 p.m. and 10.80 p.m.

Silver:-

Spot:-24-11/16, (Last close); 24-%. (Last reed); 1/16 up (Change), $11,000,000 Forward:-24-13/16, (Last close); 8,855,000 24-%, (Last reed.); 1/16 up (Change). 82,170,402 Silver Report: China Banks and Branches: Canton, Tolshan, Shanghal, Speculators bought and sold. Market Bankow, Bangkok & San Francisco, stendy.

Total Resources

acted.

London Bankers: 'Lloyds Bank, Ltd. Gold: 140/6-%, (Last close): 140/- Foreign Exchange and Banking 11. (Last recd.); 4-%d up (Change). business of every discription trans- London/N. Y. Selling Rate: 4.94-%, (Last close): 4.94-8/16, (last recd.); Current Accounts opened and Fixed 9/16, down (Change). Deposits received for one year or

London/Paris Selling Rate:--75.00, shorter periods at rates which will be (Last clone); 75.08, (Last recd.); .00, quoted or application.

down (Change).

Safe Deposit Boxes (various sizes) For hire.

*, 500X PRONG SIZAN,

Oklal Manager.

THE

Liverpool Cotton-May:-4.64, (Liast; close); 6.72, (Last real); (08, up (Change)..

Liverpool Wheat May: 6/4-1/8 | (Laxt close): 5/5-1/8 (Last recd.); 1d up (Change).

London Rubber-Apr-Juns (buyers)

arms which will be quoted application. AMERICAN EXPRESS COMPANY, 6:9/16 (Last close); 6-9/16 (Last

Sale Deposit 301

KAN TONG

Chlef Manager.

Hong Kong, In March, 1934,

THE BANK OF TAIWAN, LTD.

Head Office:-Talhoka, Formosa, Incorporated in Japan by Speciál Imperial Charter, 1899,

Central Bank of Formosa, Notar

issued Average 'amount' Y45,000,000)

Branches and 'Agencies...

Japan:-Kobe, Osaka, Tokyo, Yoko-

INC

Head Office: 45, Broadway, New York

7.8.$8,000,000.00.

2,087,118.60 1,995,528.81

Capital Surplus Reserver

BRANCHES:-

Amsterdam Antwerp

Hilsa

Athana

China:-Amoy, Cantan, Foochow, Han-

bama, Keelung, Makong, Nanto, Shoka, Shinchiku, Taichu, Tainan, – Berlic Taito, Takao, Tamsui, Toen, Karenko Kagi, Helte, Giran."

a

Gig

KATADE Hamburg

Fimple

Bombay-

Brutale

Heidelberg Tutarlakan Jarumatate

Rotterda Reve

Cairo

London

Caloutta

Liverpool

kow, Shanghai, Swałow.

Centrs

Others: Bombay, Hong Kong, London,

New York,

Colombo

Ivjane

Singapore, Batavia,

Teard

Mamellias

Samarang, Socrabaya, Dairen.

Monte Carle

Vienna". Vanice

Masila

Munich

Yakobs Zurich

Montraxx

Селата

Dubila Edinburgh On and, after April 20th, 1934, tha Flesson rate of Interest on Special. Current} Deponit-will-be-at-1%%-pa-on-daily balance and the rate for balance over)

Paria Peipin Paloriza

Borgon Bingapor Vientia

reed.); unchanged. (Change).

London Rubber Apr-June (sellers) 6-11/16 (Last close): 6-11/16 (Last) reed.) unchanged (Change);

London Rubber at noon (buyers) 6-9/16 (Last recd.).

London Forecast

A forecast from, London on the probable trend of the New York mar-

ket states:-

The increased optimism In railways

Benguet Consolidated $13% n.

Benguet Exploration 221⁄2 cts. 3.

Benguet Goldfield, 20 cts. n.

Big Wedge, 10 cta. n. Gold Creek. 21 eta, b.

Ipo Mining $21⁄2 n. Itogans $6.30 u. Salacots 16 cts. n. Kailan 19/9 n.

Langkats (Single) Sb. $15 n. S'hai Exploration Sh. $5, n, S'hal Loans, Sh. 86 . Rauba, $11 n.

Venz; Goldfield, $5 n.

Docks, etc.

H.K. Wharves, $106 1. HK. Docks, $12% n. Providents (old) $1.40 b. Providente (new), 50 cts. n. Hongkewe, Sh. $810. n.

New Engineerings, Sh. $5% n. S'hai Docks, Sh. $120. n.

Cotton Mills.

Ewo Cottons Sh. $10.10 n. S'hai Cottons (old), $741⁄2 n. S'hai Cottons (new), $45 n.. Zoong Sings, Sh. $9.40 n Wing On Textiles, Sh. 365 n.

Lands, Hotels, etc. H.K. and S. Hotels, $4.95 b.

· H.K. Landa '$521⁄2 b.

*4% H.K. Lands

Debentures

*** 101% n.

Shanghai Lands, Sh. $251⁄4 n. Metropolitan Lands, Sh. $13 n. Humphreys. $915 n.

ja expected to stimulate interest gen-H.K. Realties $4.95 n erally on Wall Street and an, improve-i ment is looked for in turnovers and prices,

Cotton is expected to open strong in sympathy with Liverpool President Roosevelt is andersing the Bankhead |Act, of which thera is evidence, everý

where of increasing support.

Wheat is anticipated higher on re-i ports from abroad and rain throughout the Argentine, There are signs · qf. very heavy feed. for animal in the United States. Reports are currunt that wheat...bye-products are very scarpe throughout the world.”

Rubber is expected to open a little

$10,000 will be quoted on application Branches of American Express Com-batter. (Maximum rate--1%),

Y. OHNO,

Manager.

Bong Kong Branch

3, Des Voeux Road, Central

pany In Principal, elties of United States of America and Canada,

All classes of Commercial, Banking THE CHINA & SOUTH SEA BANK, Transactions undertagen.

Personal Investment accounts

THE YOKOHAMA SPECIE BANK handled.

LIMITED.

Batablished 1880

LIMITED

(Incorporated in China) Hend Office Shanghal Capita!

Reserve

Branches

$7,500,000.00 $1,500,000.00

The Company ofera to intending Travellera the use of its Travelers Cheques" and Leiters of Credit and Banking Business transacted.

addition, the world-wide services

All Important Cities

in China Foreign Exchange and Genera!

Capital (fully paid-up] Yen.100,000,000 fits thoroughly equipped "Traval De- Reserve Fund

Yen.124,250,000)partment.

Head Office-YOKOHAMA

Branches and "Agencies at: Alexandria Batavin

Berlin-

Bombay

Calcutta

Canton

Dairen. (Dalny)

Nagikaki Nagoya

New York

Parl

Fengtien (Mukden) Rio de Janeiro Hamburg

San Francisco✨" Hankow

Seattle Barbin Hong Rome

Honolula

Hsinking

Karachi

Kobe London' Los Angeles

Semarang

Shangbai. Singapore

Sherabaya

Sydney Tientsin Tokyo:

Tsingtau Yingkow

C. H. BENSON,

General MassgET,

THE WING ON BANK, LTD. HONG RONG.

Current and Saving Accounts opened and Fixed Deposits received for one year or shorter periods at rates which will be quoted on application

80U 2. CHANG

Мапа рет. HONG KONG BRANCH: 24, Des Volity Road Central Manager's Office Kit, Tel. 88585 Foreign Exchange Dept. General UMica: Cashier's Office

Authorised Capital $10,000,000

Foreign Exchange and Banking Business of every'description transact Current Accounts opened, Special Deposits received at special rates, and Fixed Deposits' received for one year||| Reserves or shorter period it rates which will be quafed on application."^***

Safe Deposit Boxes (various sizes)

on Uzment At for hire, play w

for: Ared silned on appl

KISHINA

ation.

PHILIP GOCK CHIN Chlef Manager GOCKCHIN Assistaáty KaNK FOT.

LI BHO TONG

33586

83567 83509

THE SHANGHAI COMMERCIAL

SAVINGS BANK LIMITED-

Incorporated in China)"

Capital paid up $85,000,000,

*$7,000,000* Capitală, Savings Dept, $500,000, Emerve Savings Dept $800,000+ Top Head Offee Shi

A Bank having'an ita misalon, the

Industrial development of and the fostering of her som dial relations abroad.C

Asis Realties "A", Sh. $100 m. Asis Realties “B”: Sh.42). n. Chinesa Estates, $90 në China Realtles, Sh. $121⁄4 #. China Debentures Sh. $187 n.

Public Utilities

H,K. Tramways $19% 6. Peak Trams (old), $14 n. Peak Trams (new), 37 n. Star Ferries $96b,

Yaumati Ferries, $2254 n... -C. Light (old), $9.55-6. $98.

C. Light (new), $9.20 b. H.K. Electrics $70.n.' Macao Electrics, $25 n. Sandakan Light 38 n Telephone (old), $23.35 b. Telephone (new), $9.80 b.. China Buses, Sh. $18.20 n. Singapore Tractions 4/3 b. Singapore Prať.. 317/9 h.

• Industrials. Malabon Sugars, $8.70 11...:. Cald: Macg (Ord.), 9h. #21 x. Caldi Macg. (Pref.), Sh. $20 n`` Canton Ices $2.85 b Cements $2.86 n... H.K. Ropes, 4, 2.

Stores, etc. Dairy Farms $22.80 1. Watsons $5 no savie Der. A.. Wings, 11. n. Lane, Crawfords 18.55 Mackintoshs $21 22 Sinceres, #10 n.ONE Wm. Powells, 70 cta, ni Wing On (HE)- $110 n/

Miscellaneons.

H.K. Amusements, $234 n. Entertainments, $7% 11. 3.C. Enterpriam, $lenges d Macao "Greyhounds, 32 n.. Constructions (old), 31-80 n. Constructions (new), 78 cts. b. Vibro Piling $650 (1)

5.

(2) Fourteen extra dividends were declared yesterday.

Service.

immeasurably.

growers

The President reiterated that production of control continues to

(S), New Jersey, gasoline prices SIX-YEAR INDUSTRY be the Government policy which

advanced 1 ct, per gallon.

Unfavourable factor:-

(1) More New York City banks are expected to lower dividends, following the example of the Bank! of Manhattan.

PROBE IN AMERICA

Federal Commission's Queries

SPECIAL TO CHINA MAIL. (By_Telegraph, Copyright, Teligen, phio. Messages Ordinance, -1894,- Re coived December 6, 8,59.a.m.)

New York, To-day.

alma at the eventual reduction of the surplus to pre-war level- United Press, per S. E. Levy and Company

LOCAL DOLLAR ADVANCES

Silver Prices Improve

S. E. Levy. And Company's Report |

In their market report, Messrs. S. E. Levy and Company, corres pondents for Messrs. White, Weld and Company, New York state:

"Stocks: It is increasingly diff cult to generalise regarding the fourth report to the Senate in con- opening on demand this morning at present market, in spite of the nection with the six-year investi-1/8.

The Federal Trade Commission's

The local dollar has improved

sizable advances in individual issues gation of industry, firstly ques. Spot and forward silver prices for many stocks and groups have tions the right and necessity of advanced %, closing to-day at remained depressed or in a narrow holding companies to exist, and 24% and 24%, respectively. range for some weeks. Sentiment secondly, recommends a Congres The London on New York cross- continues to be favourable and

asional investigation into the na-rate closed yesterday further selective advance is likely tural gas industry.-United Press, U.S.$4.94%, as compared with →→ and would maintain the constructive per S. E Levy and Company,

attitude, unless Railroad issues fall

to hold their latest advance. Busi ness done:-1,680,000 shares.

"Bonds: U.S. Government Ronds and high grade issues were un changed but showed a good demand after the close. Second grade issues were better.

"Grains: Profit-taking on ad- vances was well taken. The gossip

U.S. TREASURY NOTES ISSUE

Subscription Books Close To-day

at -

U.S.$4.94% on Tuesday,

The New York on. London rate remained unchanged at

| U.S.$4.944-

U.S. TELEPHONE INCOME ADVANCES

م

New York, To-day-New York SPECIAL, TO CHINA MAR

Telephone Company's net operat (By Telegraph, Copyright, Telegre.ing income for October, was U.S.$3,225,076, as against US$3;;

.

as to the possibility of, a rise in im- phto Messages Ordinamos, 1881, Be [port duty on Rye and Wheat in an ceived December 6, 3.59 a.m.)

influence on cash markets, which were strong. Wheat: Total sales: 21,906,000 bushels, Corn: Total jales:-16,313,000 bushels.

(Continued on Page 11.) .... Latest Quotations --

The following quotations have been

Washington, To-day. 079,387 last year-United Press, The United States Treasury has per S. E. Levy and Company. announced that the subscription books for both the 1% and 2% per cent. Treasury notes will close to- night.

So far, the subscriptions to the

received through Messrs. St. E. Levy former are US.$200,000,000, and to and Company and the American the latter, Oriental Finance. Corporation:

N.X/London

cross-rate

New Yorky Yesterday,

Prev. To-day's close close

N.Y. Cotton-May..

N.Y. Rubber-May

4.04% 4.94%}.

12.48 12.66

18.60

Chic Wheat-May..100%

13.52 100

U.S.$600,000,000,-

United Press per S. E. Levy and Company.

NEW YORK CITY'S TAX RELIEF

Chic Corn-May 91% 92% Mayor La Guardia Signs

56.15

54%

!

Change

Montreal Silver-Mor. 55.05 Silver Official 61%

Dow Jones Averages

To-day's Dec. 4. Close 30 Industrials 102,57 102.42. 20 Rails..... 37.72 87.90 20. Utilities 19.00 19.05 40. Bonds 94.63 94.98 33 up 11 Commodity 8122 62.38 1.16 up

17 Lending Stocks

Amer Can

Amer Smelt |Am.::T. & T:

Auburn

Cage Du Pont El Bo. & Sh

:

Gen. Motora....

Int. T&T. Mcintyre, e Montgomery Ward N.Y. Central Nat Distillers!..

Socony-Vacuum

Union Pacific

U.S. Steelja

West E. & M

85 up

.24 up

.05 up

Programme

SPECIAL TO CHINA MAIL. (By Telegraph, Copyright, - Telegra phic Mearages Ordinance, 1893, Re- ceived December 8, 8.59 cm.)

New York, To-day.

Major La Guardia has signed New York City's ́U.S.$68,000,000 106 tax relief programme including...2 37 per cent sales tax, a 3 per cent. 109% utility tax, and a 1 per cent. in- heritance tax-United Press per S.

64%

18 E. Levy and Company,

8%%

33 RAW RUBBER PRICES

41%

CENTRAL

THEATRE:

SHOWING TO-DAY AT 230, 5:30, 7.30 & 9.30

CANTONESE DIALOGUE

MUSICAL DRAMA ··

STARRING

BUTTERFLY WU-

"MADAME MEITA”

-NEXT · CHANGE ---

"TOUR ACES"

AN AUTHENTIC“ EPIC- OF WAR LAND-SEA--AIR

f larval was habla

30% Latest Quotations From Is It Insured?

Singapore

98%

22%

14

108

38% Messrs. H. B. Joseph & Co, have 36% received the following Straits

Business Done: 1,630,000 aliares. Currency quotations (Buyers) from

SWEEPING RECOVERY IN STEEL

Singapore for Ek Rubber,

Jan-March-22 down 1/4: April-June-23 1/2 down 1/4. Market:--Dull,

ally.

V

Insurance All Classes,

LOWEST RATES

American Anatic: Underwriters

Fed. Inc., U.S.A

General Agenta

WT.K. Offer

Säfa-Life

Head Offen

17, The Bund

New York,To-day. Pitts burgh steel scrap has advanced Singapore Opinion Market un- Shanghai 60 centa a ton. The Iron Age certain expect improvement has reported a "sweeping...ra- covery movement in steel con- sumption." November pig iron production was: 956,940 tons against 951,062 for, October. --- United Press, per 3. E. Levy and Company

STOCK EXCHANGE VALUES SHOW RISE

New York, To-day---The Stock Exchange stock values on Decem ber-1 wore U.S.838,888,023, [against. U.S.3831,613,848,481 month United Press, per 8, E Levy and Company

45 SENATORS SUPPORT CASH BONUS VETO

Ch. Govt 5% 1925 G#Bdd92% New

Loan 33%

S. E. Levy & Co...

UNDERWRITERS AND DISTRIBUTORS

SECURITIES, AND COMMODITIES: BOUGHT AND BOLD ON COMMISSION

DAILY NEW YORK STOCK "AND".

COMMODITY SERVICE

Hembers:

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

CORRESPONDENTS FOR"

WELD & CO. NEW YORK

TREET," HONG KONG.

Tel Addre

·Building:

Tel: 3523#.

Heng Rung

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