BANKS

A

ONG KONG AND SHANGHAN

BANKING CORPORATION.

Authorland Capital

(und and' Polly Polding umaasaepe Meserve FunÉT-

terling

£1,200,000

$10,000,000,

$30,000,000 $20,000, 100

Manerva Linkdily of Proprietors $90,000,000

HEAD OFFICE, HONGKONG,

BOARD OF DIRKUTONS,

Hou. Mr. 0, 0, B, Muokia",

Chalesom,

M, IL. Infell, Kig.

Deputy ChairELD.

Bon Mr. W, 3). Hall.

8. på. Compson, Esq.

W., Kowiak, eg Q. Knight, Esg

AMOT

BANGKOK

MATANIA

BOMBAY

CALCUTTA

GINTUN CHEYOO GOLONDO

DAIREN

MCINIOONA

RAIPHONG

RAMBURO

BANKOW HAIN

HONGLEW HUILA

POB

JOHOR

TORR

KOWLOON

-1). Miskin, Mr.

K. §. Morrison, Esq.

1. E. Featon, Log.

J.M. Grayhern, Bag.

Calaf Maunger

BRANCHES-

INDON -LYUNH

MALACCA MANILA

MUAJ (Johor)

NUKDEN

PEIING

PENAXO

NEW YORK

BANGUON

FAIGON

KUALA LUMPUR

SHANOMAT

BAN FRANCISCO

HINGAPORE

FOURABAYA

BUNGE PATANI

TIENTSIN

TURYO

IRINGTAO

YOKOHAMA

Durrant Arbounia" apened in 100g) Durianoy

sad Vized Deposite recaled for cody T serier periods in Local Company and Shella

in tarina which will be quoted on application. Hong Kong, 18th April, 1984.

HONG KONG SAVINGS BANK.

The tutiboak of the sonte Bank le vonduct by the HONG KONG AND SHANGHAI Rules may be RANKING CORPORATION.

obtained on application.

FOR THE HONG KONG AND LUANGHAL ANKING CORPORATION

V. M. GRATRUSH,

Dalal Manager.

Hong Kong, 25th February, 1994."

THE BANK OF EAST ASIA, LTD.

Sutherland Capilei

Paray Capital Prod

arts and Undivided

$830,000,000,00

$2,44,400,00

HEAD OFFICE HONG KONG

11. Do Your Road Central.

DOARD OF DIRECTORS :--

Bir Sabe-s bow, Chsienia

ta Loon Chuu, Eng, P. R. wok, Exq. Thoug Thog. Eng., Chen Ching Hok, Esq., Li Lan

I

Sang, Eng. Wong Chu Kou,, Yay, and Kun Yig

Malavin

Baloutta 6eu

An Tong Po. 149. Chist Manager.

Psiphona Hashow

Usnolulu

Fore

Kuriom

Le distr

The Fuur. Ees' Monger. BRANCHES AND AGENCIES

Mantis

Hello Nagserkl

New York

Upaka

Parli

J'epin

Рамене Kaujoon exigon

Sau Francav

Bery deepliou

murii Current

SENORcked,

shanghai

Baile

Bemarang

Bingapore Kourake pa Bestow

- Minay

Taikoku

Thesis

Tokyo:

VORCEST

Yohob

THE CHARTERED BANK OF

· INDIA, AUSTRALIA & CHINA.

Incorporated by Royal Charter, 1858.

HEAD OFFICE: LONDON

Paid-up Capital-

Reserve Fund

Rezerve Liability of Pró-

prietors

Alor Star Amster nepekok Balaria

SOURCES Cleutsa Cantor Lawnpore Cebu Colombe

.£8,000,000

£3,000,000

THE CHINA MAIL: MONDAY, FEBRUARY 11, 1935

LOCAL DOLLAR STEADY

Commerce and Finance

8.000.000 Silver Prices Unchanged|

Agencies and Branches:

11sito

Ipo

Kerschi Klase Kobe

Rangoon Balgon

Beremban

Shanghai Kingspor

11

Delki Halphons Tamburs Rankow Herbla

Boer Ro

Kurblog Madran Manila Medan

New York

Peiping

(Paking) Турвод

Bitiawan Bourabaya Tupios Tinklas Tongka _(Bhukar) Tokohama Zamboange

The local dollar remains steady, Lopening on demand yesterday

morning at 1/9

Spot and forward silver prices unchanged, being also remain quoted at 24-7/10 and 24-9/16. respectively.

6:4

The London on New York cross- rate, was quoted at £-U.S.$4.87%.

Foreign Exchange, and Cheers Banking Bustos compared with -U.S.$4.87%

Current Asscust opened and Fixed Deponit racalrai far, one year ́or shorter periode ai ra which will be quoted on application.

A. BREARLEY.

Manager, Hong Kong, 1st. January, 1935.

SAFETY FIRST [9.

To Safeguard Your Valuables and Jewelleries. Deposit them in a Vanit

that is really: FIRE-PROOF

BURGLAR-PROOF DAMP PROOF!

́OUR SAFE DEPOSIT VAULT

located on the Mezzanine Floor of

The New York on London rate was quoted at £-U.S.34.88%, as compared with £U.S.$4.87.-

LOCAL SHARES.

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

Banks.

H.K. Bank $1545 s., $1580 sa... H.K Bank (London) £134

div. n.

Chartered Bank 51514 n. Mercantile Bank A. & B. $81 Mercantile Bank C. 13 n...

ASSISTING

CHINA'S SILK

INDUSTRY

Large Honan Factory Receives State Aid

ta.

· FOREIGN MÁRKETS EYED

4

Canton, Yesterday.

AN ELW ADVERTISEMENTS

THE BANK OF EAST ASIA.. LIMITED

THE HONG KONG & KOWLOON: WHARF & GODOWN COMPANY LIMITED.

NOTICE IS HEREBY GIVEN

that an Extraordinary General'

NOTICE IS HEREBY GIVEN that Meeting of the above named Com- the SIXTEENTH ORDINARY pany will be held at the Board MEETING OF SHAREHOLDERS will Room of Messre. Jardine Matheson be held at the Registered Office of the and Co., Ltd., Pedder Street, Vic- Company No. 12, Des Voeux Rundtoria in the Colony of Hong Kong Central, at 2.30 p.m. SATURDAY," the

2nd March 1935, for the purpose of on THURSDAY, the Seventh day together with a Statement of Accounts the Annual General Meeting of year ending, 81st December, shareholders of the Company 1984.

The TRANSFER BOOKS of the which is to be held thero at 12 CLOSED from noon on that day when the sub- to jained resolutions will be propos-

With a view to promoting theceiving the Report of the Directors of March 1935, immediately after

silk Industry and re-establishing for the the market for native silk and piece goods inside as well as out- Company will be ex.side the country, the Kwangtung SATURDAY February, 23rd

provincial authorities, in pursu SATURDAY, 2nd March, 1836 (both ed as Special Resolutions:

grent

lag development of provincial en-days inclusive) during which period no

transfer of shares can be registered. By Order of the Board of Directors.

KAN TONG PO,

Chief Manager. Hong Kong, 11th February, 1935.

m. terprises. have made

efforts to establish, the Spinning and Weaving Factory, which was inaugurated in October, 1933

· Bank of East Asia $90. nove Am: 0 Finance Corp., Sh.$20 n. China O. Fin. Ord., Sh. $1.80 m. China O. Fin. Pref 8h. $44 11.

"Insurances,

Canton Ins.. $275 ̃n. Union Ins. $4921⁄2 b.

CANADIAN MINING China Underwriters $1.30 b.

INDUSTRY

Improvement Shown In 1934

SECOND LARGEST PRODUCER OF WORLD'S GOLD

Ottawa, Canada..

Our New building. is' Specially Con-While Canada is best known stracted, to provide all of these Im-inbroad for her wheat, her lum- portant Qualities.

ber and her fish, the mining in- You may obtain a Sate Deposit Box in this most up-to-date Vault for dustry has been growing of re- your own use at a very moderate Ren. cent years until it ranks as one of the three or four leading! #branches of Canadian activity:

tal

Inspection Cordially Invited.

& SAVINGS BANK, LTD.

THE NATIONAL COMMERCIAL. The discovery of gold in such quantities, as to make Canuda the second largest producer in the world. the tremendous growth in the demand for nickel, of which Canada produces nearly

Corner of fee House Street and Des Voeux Road, Central

THE BANK OF CANTON, LTD. 90 per cent. of the world's sup-

Established 1912

Head Office:Hong Kong.

Authorised Capital

|Paid-up Capital

Fotal Resources

ply, the great development of the discovery of copper mines, radium ore in the Far North, and $11,000,000 the growing importance of Can-

8,456,000

ada as a producer of metals of 82,170,492 Branches: Canton, Toishan, Shanghai, the platinum group, are import- Hankow, Bangkok & San Francisco. ant factors in this development. London Bankera: Lloyds Bank, Ltd., A review of Canada's minerali

Foreign Exchange and Banking production for the year, made businene of every discription trans by the Canadian government, in- i acted...

Current Accounts opened and Fired cludes the following statements: Deposits rechired for shorter periods at rates which will be "A pronounced improvement quoted on application.'

in Canada's mining industry is Safe Deposit Boxes (various sizes) revealed in the official estimate: for hire.

of mineral production for 1934, The most striking increases are to be found among the metals, where several new high records of production were established. AMERICAN EXPRESS COMPANY, The value of the Canadian gold

of Babki and Erobange Loans granted en approved

DE

Accounts opeised in Local. Carrone and Fixed Deposite raceited for one your shorter periode is Loral and Foreign CurrMİSY Lersze which will be quoted ou spellation. Rule Iloppail Duzda To Lar,

KAN TUNG PO,

Calaf Menager.

Bong Bung, ht March, 1984,

THE BANK OF TAIWAN, LTD.

Head Office:--Taihoko, FermOBN, Incorporated in Japan by Special Imperial Charter, 1899,

Central Bank of Formiosa, Notes

fnued

Average amount Y.15,000,000 Branches and Agencies. Japan:-Kobe, Osaka, Tokyo, Yoko-

hame. Keelung, Makong,

Nanto,

Shoka, Shinchiku, Taichu, Tainan, Tallo, Takao, Temaui, Toen, Karenko Kagi, Heito, Giran. China-Amey, Canton, Foochaw, Han-

kow, Shanghai, Swatow. Others: Bombay, Hong Kong, London. New York, Singapore, Batavia, Famarang, 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 orci. $10,000 will be quoted on application| (Maximum rate-1%).

Y. OBNO.

Manager.

Hong Kong Branch

8. Des Voeux Road. Central.

THE YOKOHAMA SPECIE BANK

LIMITED.

Established 1980

one year or

LOOK. POORG GHAN,

TAR

INC.

Chief Manage.

Head Offee:-65. Broadway, New York

Capital

Surplus

Reserves

„U.S.$6,000,000.00

2,087,112.09. 1,995,528.81

Record Metal Production

output was, greater than ever before Nickel production sur passed 1929, the previous record (Continued on Page 7)

THE CHINA & SOUTH SEA BANT,

LIMITED

(Incorporated in China)

...Shanghai

BRANCHES

Ameseri Antw Achazza

Ganca

Gla

The lingue

Havana

Benise

Hamburg

Fierika

Thay

Firecion

Furgosals

Bles Vaples Piraeus Parks Helpin Betterdam Flem

Head Once

'Capital

Reserve

Caire

Tondon

Branches

Calrolta

Liverpool

Lucerne 'Luzado

Rethamp Ringpar

Marseillon

Герпре Calynb Copenhagen

blin Vidinborch Pinau.

Havre Taidelber Interlaken Jonnexiom

Nogle Cale Munta

Sunlob Monleiur

Tientsi Teamise

Vienna Ventles Tokobama Zurlo

Branches of American Express Com- ORDY in Principal cities of United Stater of America and Canada,

All classes of Commercial Banking "ransaction" undertaken.

Personal Investment accounts handled.

.87,500,000,00

$1.500.000.00

.All Important Cities

in China Foreign Exchange and General Banking Business transacted...

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

SOU Z. CHANG,

Managér. HONG KONG BRANCH: 24, Des Voeux Road, Central, Manager's Office......Tel. 38885 Foreign Exchange Dept. 33507 38566 General Office Cashier's Office

The Company offers to intending Travellers the use of its "Travelers. Cheques" and Letters of Credit and, Capital (fully paid-up) Ten.100,000,000 addition, the world-wide services Reserve Fund

Tan.124,250,000 of its thoroughly equipped Traval De

partment.

Head Office:-YOKOHAMA

Branches and Agencies att

Alexandria

Batavia

Barlin

Bombay

Calcutta

Canton

(Dalny)

Nagasaki Nagoya

New York

Osaka

Paris...

Polping Rangoon

Dair Mukden) Rio de Janeiro

Hamburg

Hankow

Harbin

Bank Konr

Honolulu Se Hainking i

Karachi London

1 Kobe

Low Mánila

LO Angties

San Francisco

Seattle Semarang Shanghel Rotrabaya

Sydney Tentain Tokyo Tsingtan

E, W. DUGGAN,'

Manager.

THE WING ON BANK, LTD.

HONG KÔNG

Authorised Capital $10,000,000

Foreign Exchange Business of every' description transseté

and

Current Accounts opened, Apecial Deposita received at special rates, and |Fixed Deposita, received, for one-year or shorter period at rates which will |be quoted on application.

Yingkow Emacht, Blowed on Clarent: Ac. for, bire, Munch.

| Safe Deposit Boxes (various - mizon)

PHILIP. GOCECHIN-

Chief-Manager sp

Imposita received-for-fixed- aates to be obtained on application. [L. GOCKCHIN

Assistant Manúg

LI SHU FONG!

32569

THE SHANGHAI COMMERCIAN & SAVINGS BANK LIMITED -- (Incorporated In China) Capital: paid up 271...$5,000,000, Reserver

...$7,000,000. Capital Savings Dept. 8500,000, Reserve Savings Dept. $600,000

Head Offen-Shinghal olya

A Bank having as its mission the industrial development of China and the fostering of her sommar. cial relations abroad. v. Hong Kong,offen---7 Xeo Monii' ME.

by Phone 3148-1-4

China Fire Ins. $490 m.. H.K. Fire Ins. $2271⁄2 n. International Anace. She $5 n.

Shipping.

Douglases, $40 0. HK. Steamboats. $7 n. Indo-Chinas (Pref.), $80. Indo-Chinas (Def.), 888 m.', Shells (Bearer) $52/6 n. Union Waterboats 13% n.

Mining.

Antamoks 90 eta. b. Balatoes $41 n. Baguio Gold 37 cts. b. Benguet Consolidated $141⁄4 m. Benguet. Exploration 18 ets. n. Benguet Goldfield 10 cts. n. Big Wedge, 10 cts. n. 'Gold Creek 381⁄2 cts, . Gold Rivers 23 cta, s. Ipo Mining $1 n.. Itogans 42 eta, n. Salacota 16 cts. n. Kailan. 19 n.

Langkats (Single) Sh. $18 n. S'hal, Exploration Sh. $5 n.. S'hai Loans, Sh. $6 n. Raubs $8 4.

Veng; Goldfield $5 n. Docks, etc.

H.K. Wharves $111 b. H.K. Docks $111⁄2 n.

Providents (old) $1.25.b. Providents (new) 30 cta, n. Hongkewa, Sh. $309 m. - New Engineeringa Sh. $5.80 n. S'hai Docke, Sh. $120 n.

Cotton Mills. Ewo Cottons Sh: $8.90 n. S'hnf. Cotton (old) $74 n. S'hai Cottons (new) $45'n. Zoong Singa Sh. $9.80 n. Wing On Textiles, Sh. $55 ¤.

Lands, Hotels, elc. H.K. and S. Hotels $4.95 n. H.K. Land $50 n

1

H.K. Land 4% Debentures 101%

b. Shanghai Lands Sh. $22 n. Metropolitan Lands Sh. $12.20 ́n. Humphreys $10 .. H.K. Realties $5.10 n.

Asla Realties "A", Sh. $100 . Anin Realties "B" Sh.617 n. Chinere Estates $88 n. China Realties Sh. $10.60 . China Debentures Sh.$128 n.

Pobile Utilities

.i

The factory is situated in the THE HONG KONG JOCKEY CLUB vicinity of the. Honan Cement]: Works, Honan. The area of land ANNUAL RACE MEETING, 1935.

16th, 18th, 19th, 20th and 23rd February, 1935,

it occuples is 386,400 square feet. Besides experts and tech- nical men, there are a number of apprentices in it, who are to be

N SATURDAY, 16th, MONDAY anned for future use. During 18th, TUESDAY 1860s, and the period of training, each of WEDNESDAY 20th February, the them is paid several, dollars first bell will be rung at 11 a.m., month as subsidy.

and the first race will be run at The factory comprises the fol-11.30, B.m. On SATURDAY, 23rd lowing departments:--

February, the first bell will be

1. Silk weaving department-rung at 1.30 pm., and the first race. This department occupies an area will be run at 2 p.m.

MEMBERS' BADGES AND ENCLOSURE

of 38.132 square feet of land. The tiffin interval will be taken | It started operations on October after the fifth race on the Grat four 1, 1934 and has

capital of

| days, ' $465,928.36, which was appro- propriated from the receipts of hoat. tax and wolfram tax and Members are reminded that they the profits from the ante of wol- and their ladies must wear their fram by the Provincial Recon-budges prominently displayed struction Department. There is throughout the Meeting. one department head, three dir- No one without a badge will be ad- ectors, seven engineers, 10 assist mitted to the Members" Enclosure." ant engineers, 54 operators, and Badges admitting non-members. 130 apprentices. The work is in to the Members "Enclosure and the hands of three sub-divisions. Club Rooms at $10.00 per day in- namely (1) thread preparing, cluding tax-or $40.00 including (2).weaving, and (3) bleaching tax for the Meeting (ladies $5.00 and dyeing. The total number of and $20.00 respectively) are obtain machines in this department is able through the Secretary upon In- [60 and that of motors 92. But troduction by a member, auch Mem- in this period of training only 40 ber to be responsible for all chits. are employed. Each machine is etc. capable of producing 20 yards of Badges admitting to Member ponges per day (10 hours).

Enclosure will NOT be on sule at

It is planned that the working the Rate Course. period will be divided into two, The Secretary's Office, 3rd Floor. day and night, aggregating 20 Gloucester Building, (Tel. 27794) hours. After this change a WILL CLOSE AT 10a.m. ON THE made, no machine will be idle FIRST FOUR DAYS, and at 12.30 and silk goods produced monthly p.m. ON THE FIFTH DAY.

will be increased to 67,000 yards, A limited number of tiffins will It is estimated that the total be obtainable each day at the Club annual expenditure and revenue House, provided they are ordered will be $665,586.40 and $695,520 in advance from the No. 1 Boy. respectively, with a balance of Telephone No. 21920. $39,983.60 as net profit.

(Continued on Page 7).

|RAW RUBBER PRICES

Latest Quotations From

Singapore.

On no pretext will children be permitted in either enclosure dur- ing the first four days. of the Meet- ing

"PUBLIC ENCLOSURE

The price of admission to the

Public Enclosure is $2.00 per day including tax for all persons. in- eluding ladies and is payable at the Gatet gelara

Messrs. H. B. Joseph & Co. have Soldiers and Sallors in uniform received the following Straits Curare admitted to the Public En- roney quotations. (Buyers) from closure at $1.00 per day including Singapore for Raw Rubber:

Spot 21% unchanged. April-June 25% unchanged. July-Sept. 24% unchanged. ́ Market: Undertone quietly.

TO OUR CUSTOMERS

tax.

Bookmakers, Tic Tac men etc:] will not be permitted to operate within the precincts of The Hong opti-Kong Jockey Club during the Race

Meeting.

Tifins will be obtainable in the Restaurant in the Public Enclosure:

SERVANTS' PASSES

2.

1. That the authorised capital of the Company (which is now $4,000,000.00 consisting

of 80,000 shares of the nominal value of $50.00 each the whole of which have been issued) be increased to $8,000,000.00 by the creation of 80,000 ad- ditional shares of the nominal value of $50,00 each ranking (subject as hereinafter men- tioned) as from the data of al letment for dividend and all other respects pari passu with the shares comprising the Company's present capital. That 10,000 of the anid new shares be offered in the first instance (in the proportion of one new share for every com- plete number of eight old. shares held by them respec tively) to the members of the Company who on the seventh day of March 1935 are regin- tered in the Company's share register as the holders of the anid 80.000 existing shares at a premium of $25.00 per share and upon the footing that the full amount of each sharo taken up plus the Maid premium of $26.00 (making to- gether $75.00 per share) shall be paid to the Company on ac- ceptance of the offer, auch shares so taken up not to parti cipate in any dividend declar- ed before the 1st day of July 1936 but to participate in any dividend declared thereafter pro rata with the existing capital. And that the said offer be made by Notice speci- fying, the number of shares to which the member la entitled and limiting the time within which the offer if not accept- ed by the member on behalf of himself or his nominee will be deemed to be declined and that the Directors of the Com- pany shall be at liberty to fx such time. And further that any of the said · 10,000 shares which are not taken up by the Company's shareholders in manner aforesàíð be disposed of in such manner at Buch time or times and upon such terms' as the Company's Board of Directors shall in their absolute discretion think ft. That no shareholder shall be entitled to any offer of a frac- tion of an additional share in -respect of any odd shares held ·

by such shareholder.

8.

4.

That the remaining 70,000 new shares be issued at such time

AR

-

or times and upon such terms the Company's Board of Directors in their absolute discretion shall think fit.

The transfer books of the, Com- pany will be closed from Friday Passes for Servante will be the 22nd day of February 1985 to Certain letters have been posted issued on application to the Secre-Thursday the 7th day of March

H.K. Tramways: $20 b., $20.15 sa mistic. Peak Trams. (old) $81⁄21⁄2 n. Peak Trams (new), $6 n. Star Ferries 899298. Yaumati Ferries $22 n. C. Light $10 b., $10.15 s. H.K. Electrics $70% b. Macao Electrics $25 n. Sandakan Lights. $8. n. Telephone (old) $251⁄4 b. Telephone-(new) $101⁄4 ¤. China Buses Sh. $12.40 n. Singapore Traction: 7/3 n. Singapore Pref. 18/- b.

Industrials Malabon Sugar $81⁄2 n. Cald: Macg,' (Ord.), Sh. #21 n. Cald; Macg: (Pref.) Sh$19% n Canton: Ices $23⁄41⁄4 ̄ b. Cements $2,07%1⁄2 b... ́.... H.K. Ropes $8.80 .

Stores, etc.. Dairy Farms $241⁄2 5. Watsons $41⁄2" n. Lane, Crawfords $8.75 n. Mackintoshs, $21 b. Sinceres $8 n..

Wm. Powells, 70 cts. n. Wing On (H.K.) $105 ̧n.

Miscellaneous.

Is It Insured?? HK. Amusemente $1.85

Insurance AllTM Classes LOWEST RATES "American Asiatic Underwriters Fed Inc., USA. General Agenta.

Head Office

17-The Band

Entertainments, $71⁄2 n. 8.C. Enterprises $1.35 m. Macao "Greyhounds," "$2 n. Constructions (old) $1.85 m. Constraction (new),49 cta. b. Vibro Piling $5% nat

Ch. Govt. 5% 1925 Bds-80%

to many of our patrons by an un-taxy, 3rd Floor, Gloucester Bull-1985 both dates inclusive during known person or persons without ding.

Any persons found 'loitering with

our knowledge. We, therefore, Servants passes in their possession wish to request those who have re-will forfeit the same and will bo ceived same to take no notice of removed from the enclosure,

the correspondence. We are, at present, taking action *to discover the identity of the person or per sons responsible:

THE PHARMACY

TRINITY COLLEGE OF MUSIC,

LONDON, WA, LOCAL EXAMINATIONS.

The following are the dates the forthcoming Examinations:-2 PRACTICAL (Vocal &

mental Music):

Instru-

About last week in May & 1st, weak

Ma June.

Last day of Entry... 28rd, Febru-|

ary, 1935,

THEORETICAL (Paper Work),

8th June,

Last day of Entry.

Fary, 1935.

28th, Febru-{

Entry forms and all particulars may be obtained from the Local H.K. Govt. 4% Loan, 6% prem. Becretar

ERSON

H.K: Office Asla Life

H.K. Govt-8 Loan 8% pred

c/o The

Ca Lid

By Order"

C. B. BROWN, Secretary. Hong Kong, 11th February, 1985,

which period no transfer of shares can be registered. ·

Dated the eighth day of February 1085.000

By Order of the. Board

FH CRAPNELL, Secretary,

S. E. Levy & Co.

7, ICE HOUSĘ STREET

CATMENT BANKERS & BROKERS-

NEW YOKS COTTON EXCHANGE COMMODITY EXCHANGE, INC. NY,. CHICAGO BOARD OF TRADE CANADIAN COMMODITY. EXCHANGE,

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