Burns we

12

DAILY SHARE QUOTATIONS Hong Kong Stock Exchange

Sharebrokers'

Association

Baie

| Nominal

FRIDAY. FEB. 18.

Bellare

Buga

Jalan

Memima

Banks

1,320

$1.40

OD

U

$1,516

endiv. 288

**HK. Banka

********** $1,015) Da (London) ....... Chartered Banks... Mercantile Bks "A"

Bo.

Bank of East Asia... N. O. & S. Hanks...

Insurances

Canton InsuraNOW..

Union InsurROOM ...

Underwriters

£19

229

£14

83

£14 $32

32

$260

$260

603

$502 $1.4

$40

EL.K. Firea

1940

Shipping

100

Douglass LATE

100

$11

Bheamboats

$11

161

Indo-Chinas (pref.)

$51

143

Do.

(def.)

$43

1937

High

194.40 113.84 So Industrial

64.45 27.08 20 Bail

17.54

#1!!

103 89

82.44

68.01

STOCKS

Adams Express .......

Alleghany Steel Co.

19.30

14

14/.

$71

$4

ไฟ

1.60

10 0.

$281

$2.70 205/85

55 000

::

$8.40

36,20

$81

148

85/14 Shelle

1 eta

#33)

Waterbuata

Malag

Kailans Raubs

Vedazunk Gold Fida.

"Hongkong Mines ...

Docks, Wharves,

Godowas, etc.

HK & K. Wharven. 1129 Provideute (old)... $285 Do. (new) 65 c.

H.K. & W. Docks

Slangasi Dock S.

New Roginogrings. S.;

Lands, Hotels, and Uni dings

H.K. Hotels, ...... an

H.K na.......... D. % Debentures

$8.70 Shanghai Lands...8.

Metropolitan Lands..

dK, Roulties.

Hauphroys ***

China Estatom.

Colton Mill

Ewo

Sam Cottons......... S.

Zoong Sings.... Wing On Tertiles(S.) Ewo Cotton Rts. S.

in

Allis Chalmers Amer. Can

Amer. Cynamid "B" '241

!!!!

Amer. & For. Power

Amer. & For. $7 pf.

Amer. Locomotiva ... Amer, Metals

2,60/65

129

Wharves. $117, $118. $120, $121. Docks, $28.90.

$3

Providents (Old), $2.60, $2.65.

$2.60, $2.55. $2.55, $22. Providents (New), 55 cts.. 60 cts.

Amer.. Waterworks... Anaconda Copper... 31j

to

£38

HONG KONG DAILY PRESS, SATURDAY, FEBRUARY 19, 1938.

H. K. STOCK

EXCHANGE

YESTERDAY'S OFFICIAL

QUOTATIONS

Market ruled quiet in the be-. ginning of the week but during the latter part prices advanced £13 appreciably and a fair general amount of shares changed hands. Advances registered are notably in Cements to $14.85. Hotels $8.45, Kowloon Wharves $127, Providents (Qld) $2.75, Watsons $6 and Trams

firm $15.20. Market closed very with an upward tendency.

In the Sterling section Banks improved from $1480 to $1540 and Unions to $505. Both stocks are still in demand at these rates but sellers are holding of. 89/41 The

steady Improvement Manila during the beginning of the week has not been maintained at the close and a small decline has been registered all round.

$9.30

13/

$31

:: ឌ

BUSINESS DONE DURING

THE WEEK

NEW

YORK

STOCK EXCHANGE

(Through Kanter's Service) QUOTATIONS

Now York: Fobruscy 15

New York/Londen Cross-rate Now York Coston-Mar. New York Hubbor-Mar. Chicago Wheat, May. -May, Chicago Corn Winnipeg Whoat-May. Silver Oficial

HK. Bank, $1480, 31490, $1500. Amer. Radiator......

$1510, $1515.

Union Ins.. $501, $502, 3505.

Steamboats, $10, $11.

קט 17.

קט {1

Business Done:-861,000 shares,

Last High Low Close

3

Today's Close 5.03-3/16

Change 9/16 off

8.37 8.80 8.7+ 14.99 14,82 1492

1.96 14.95

.03 up

H

921

91

Jup

618

5-1

59

1 up

1964

1253

1261

1:72

unch.

1:

Low Dow Jones Avoraces.

Feb. 16.

High Low Close

Change

12480

28,71

18.5 90 Utilitie

18 02

trở nên lửa.23 117.00 2,8 tạ

£9.42 19.77 19:30 14.44 18.88 19.39

.50 up

.40 up

Board of Directors. G. Miskin, Esq.,

89.74 40 Bonds

91.10

11 Commodity Index

$1.29 54.64

18 up

Last Sale

STOCKS

Feb, 16

17

Last Sale Feb. 14 17

91

Humble Oil

63

631*

15

16

int. Nickel

181

50

BANKS

HONG KONG AND SHANGHAI THE CHARTERED BANK OF INDIA

BANKING CORPORATION

Authorised Capital

-----$50,000,000

..£ 6,500,000

Issued & Fully Paid-Up #90,000,000 Reserve Funds: ---

Starling

H.K. Currency Reserve $10,000,000 Reserve Liability of

Proprietors

................. $20,000,000

Head Office: HONG KONG

Chairman. Hon. Mr. M. T. Johnson,

Deputy Chairman, J. K. Bousfeld,” Esq., A. H. Compton, Esq., S. H. Dodweli. Esq., J. R. Masson, Esq., E. S. Morrison, Esq.,

AUSTRALIA AND CHINA Incorporated by Royal Charter, 1833

HEAD OFFICE: LONDON: 38. Bishopsgate E.C.2.

Pald-up Capita!.

Reserve Fund. Reserve ability of Pro-

prietora..

£3.000.000 £3.000.81

£3.000.000

MANCHESTER BRANCH;

71. Mosley Street, Manchester.

AGENCIES AND BEANCHES:

ALOR STAB

AMRITSAR BANGFOX

BATAVIA

ILOILO IPOK KARAO₤1

KLANG

ROBB KUALA

BATOON

REMAHANG

SEREMBANG

BRAMSONIZAT

BOMBAY

BINGAPORE

42}

443.

Int. Tel. & Tel

Hon. Mr. J. J. Paterson,

CALCUTTA CANTON

SITIAWAN

LUMPUR

.SOURABAYA

61

6

85

86A

Int. Dept. Stores

"

T. E. Pearce, Esq.,

CAWNPORE KUCHING

TAIPING

10

101

A. L. Shields, Esq.,

25

Kennecott Copper ...

353

381

Sir Vandeleur M. Grayburn,

C2BW COLOMBO

MADRAS

TIENTRIN

MANILA

TONG KAN

31

31

Lambert Corpn.......

113- 117

183+

18

Libbey-Owens-Ford

192

20%

Glass

334

34,

311

323

Lockheed, Aircraft ...

81

8

Anioy

Branches:- Iloilu

R

13

Loew's Inc.

477

49

Bangkok Ipoli

Amer. Rolling Mill... 131 Amer. Smelting...... 491 50 Amer. Sugar Ring ..... 2773*

... 136 Amer. Tel & Tel. Amer. Tobacco "B" 65

Batavia

Johore

19;

Lorillard

153

181

Bombay Kebe

McKesson & Robbins

Calcutta

Kowloon

30

$3 pt.

341

344

Canton

Kuala

138

Martin, Glen L

17

174

Cheloo

Lampur

851

Monsanto Chemical 84

86

Colombo

London

9

81

Montgomery Ward... 327

351

Dairen

Lyons

32;

Nat.

Invest- Bond

Foochow

Malneca

Atchison, T. & S. Fe. 35

361

ment

15 *

15 *

Haiphong Manila

Hamburg Muar

$6.40

| 61(40 |

Hotels. 6. $8.30, $81.

Atlas Corpn. ..............

74

B

Nat. Cash Register 161

171

Hankow

10.

813)

Lands. $331, $33.

Auburn Motors ......

+

42

Nai. Dairy Products 14

142

Harbin

Mukden

$100

Humphreys, $87.

Baltimore & Ohlo

91 94

Nat. Distillers

2

23

Realties. $5. $5.20, $5,10, $5.20. B'more & Ohlo Pitd. Tramways. $15), 15.20.

31

111

Nat. Power & Light

61

82

Barber & Co.

17

172

Nat Supply Corpn. 17

181-

Current

$5.10

Yaumati Ferries, $25,35.

Barnsdall Of

141

15.

New York Central...

171

18

XD

$8.9

Chira

Lights

Old

$10.85,

Bethlehem Steel ....

559

561

Niagara Hudson P

it

$10.90, $11.

Boeing Airplane Co. 277

281

Corpn......

T

71

Electrics, $561.

#114

$59 224

Macao Electrics, $191. Telephones (Qld). $25.90.

Borden Co...... Borg-Warner

17

173

N. America Aviation

8

231

242

North America

Co.

173

183

Briggs M'facturing..

233

237

Northern Pacific

111

127

.

*32

Cements.

$13.85 $13.90,

$14.15.

Brooklyn-Manhattan

Pacific Gas & Elec

257

28

$142.

Trans

11

111

Pactic Lighting: 371*.

38

Als up to date Safe Deposit Boxes in various sizes To Let. Hong Kong, 19th May. 1937.

2.

$+0.75

#

$7.45

355

STOJ

$25.60

A

jo,

12/6

23/

(prof)....

$14

Gala. Mog. (Ord.)8)

Bin

Do. (Prof)S

$1,70

Chaton Ice'

Conte

$14.6%

14/05

$4.60

Do.

Do. (now)...) #

Yianni Ferries.

Chins Lights (old).. | $10.85)

Do. (Dow)..

H.K. Electrica ....... Macao do.

$14) Sandakan Lights .....'

Tonphones (old)

(new)

Tractions.....................

Do.

Industrials

Pahile Utilitiou

$13

Tramways...

$15.10

$15.10 CD

Poak Trame (vi).....

6)

1831

Star Forrige

$83

$5.35

Ropes. $41.

Brooklyn-Manhattan

Packard Motors ......

43

12

25

Ria.

Dairy Farms $25.10. $25) Watsons $5.

Marsmans H.K. 5,- 5/8

CHANGES (3.15 p.m.) CLOSING

QUOTATIONS

BUYERS

HK Banks, $1535.

$6 cum. pf.

Case, J.......

322

34

Paramount Pictures 97

101

91

91

Paramount 1st. pf. 80 -

88 *

Canadian Pacific

2

6x

Fennsylvanis R.R....

211

22:

806

$9.18

93/-

:;: ཻ;

Kowloon Wharves. $127. Docks, $28.90. Providents (Old), $23. Providents (New), 75 cts,

Celanese Corpn. ..... 154

39 Cerro de Pasco...... Chesapeake Corpn.... 29 Chesapeake & Ohio 321 Chrysler Corpn........ 54 Columbia Gas & El. Columbia 6% "A" pt. 68

16

Phillips Petroleum... 37

381

4041

Public Service of NJ.

314

314

..287*

Pure Oil

11

111

331

Radio Corpn. of Am.

61

63

56

Republic Steel

17

171

7

71

68 *

Schenley

Commercial Credit...

36

36:

Schenley 5% pf.

Hotels. $8.45.

Realties. $5.10.

Commercial Solvents

8%

81

Sears Roebuck

Commonwealth & S.

II

11

Shell Union Oil

143" 1.5

Trams. $15.20.

Commonwealth & S.

Восопу-Часника

151

-151

Ch. Lights (Old), $11.

6 cum. pt.

34

32.

Southern Cal Edison

211

211

Ch. Lights (New), $7.40.

Consolidated Edison 21.

212

Southern Pacific

191

19.

Hongkew New York Yokohama

HONG KONG

PRIPINO

(Bhuket) TSINGTAO

КОКОНАМА

(Peking) ZAMBOANGA

PENANG

RANGOON

FOREIGN EXCHANGE and General Banking Business transacted.

CURRENT ACCOUNTS opened and FIXED DEPOSITs received for One Year or shorter periods at rates which will be quoted on applica- ❘tion.

The

Bank's Head Office in London undertakes Executor and

Trustee business, and claims re covery of British Income Tax overpaid, on terms which may be

Accounts opened in ascertained at any of the Agencia. Local Currency and Fixed Deposits and Branches.

R. W. ROBERTS, shorter received for one year or

Manager. in Local. Currency and periods Sterling on 82

terms which will be quoted on application.

HONG KONG SAVINGS BANK

THE Business of the above Bank is conducted by the HONG KONG & SHANGHAI İBANKING CORPORATION, Rules Reynold Tobac. "B" 401 mutilated may be obtained on application.

24 mutilated

81 * B11 54 011

For the HONG KONG & SHANGHAI BANKING CORPORATION.

V. M. GRAYBURN,

Chief Manager.

Hong Kong, let March, 1937.

THE CHASE BANK

15, QUEEN'S ROAD CENTRAL

HEAD OFFICE:

18, PINE STREET,

NEW YORK.

Au American Bank offering com- plete Foreign Banking Service in the principal Markets of the world.

Interest Rates on Application.

SAFE DEPOSIT BOXES

This Bank is entirely owned by THE CHASE NATIONAL B1x, New Yoas, with Besources over U.S. $2,500,000,000.

D. M. BIGGAE,

Manager.

Chief Manager. DELH1

MEDAN

KAIPHONG

NEW YORK

HAMBURO

Peiping

HANKOW

Penang

HARDIN

Rangoon

Saigon.

San

Francisco

Shanghai-

Singapore Sourabaya

Sungei

Patani

Tientsin

(Johore) Tokyo

Tsingtao

$1.60

WAN

+

(NOW

17

Lane Crawfords...

15.85

Sinceres

upas...

Miscellaneous

Dairy Farmac

Ch. Itsinmonte...

Construations, (old)] <1

Do.

Nanyang Tobacco

Watso08.60

S. C. Enterprises

63%. CM.0.521925 G. Bd..

H.K. Govt. ZLOANB

:

Watsons, $6.

38.30

Electrics. $574.

Cements. $14.85.

Dairy Farms, $251.

SELLERS

Consolidated 011

91

91

Southern Rly (com)

11

111

Continental Can

42) **

43

Southern Rly “A”

18

19

Continental Of ....... Corn. Products

281

30

Standard Brands

ઇંડુ

63

644.

Stand Gas & Elec.

3+

33

$8.30

Trams, $15.30. '.

SALES Kowloon Wharves. $120/1. Providents (Old), $2.65/75.

Curtiss Wright (C.) 41 Cortiss Wright "A" 151- Delaware & Hudson

41.

Stand Gas & Elec.

16

$7 pl.........

181

101*

151

153

Standard Oll of N.J. 491

501

Subscribed Capital..

Del Lackawanna &

Sterling Products ....

561*

574

Peld.ap Capital

Western

7

7

Studebaker Corpn.

42

51

BANKERS:

I NO

Realties, $5.20.

Deere Co.

21

-23

Swift International 252

25

Trams, $15.20.

Distillers Corpn. Sea-

Technicolor

181

19A

Ch. Lights (Old), $10.90/11,

grams

15

15)

Texas Corpn.

401

411

BRANCHES:

Electrics. $56.

Douglas Aircraft

381

·391

Texas Gulf Sulphur

30₤

317

Bangkok

Jpsl

Bambay

Kaantan

#1014

Do. 34%

Watsons. $6.

Du Pont

1141

1181

Tidewater Assoc. O1 132

131

Calentra

$100

Colombo

Kandy

Karachi

B51

Wallace Harper.....

Eagle Picher Lead 102

111

Transamerica (new)

101

103

Delhi

Kota Bharu

$39

H.K Wing On .....

440

S'hal Do

543

*6

Vibro Piling

$8

THE EXCHANGE Elec. Bond & Share

Electric Boat

94

91

20th Cent. Fox. Films 21)

211

Galle

Taal Liple

7

72

do. Films.pt....

291

30

18/9 Maramana Inv. (Goa) (H.K.) (65 ct Wm. l'ownlle

•Salpa to Shanghai

LONDON

EXCHANGE

(British Wireless Service)

MARKET

Elec. Bond & Share

Union

Carbide

$5 pf.....

43

43 +

Carbon

72

741

70 cta.

Elec. Bond & Share

Union Pacific

78

"80

RATES

19

Feb. 16

Paris Geneva

Berlin

152-51/64

21.61

Feb; 17 152-27/32

21.607

12.42

12.407

Athens

Milan

95-11:16

95%.

$8 Di ROZA BROS. Elec. Power & Light 91 MESSRS.

Silver prices dropped 1/16 yes- Elec... Power & Light

both deliveries. for

the Lerday

$7 pt. quotations being

for Flintkotc 15/16 Ready and 19 5/8 for Forward. Freeport Sulphur Silver advices reported specula- Gen. America Trans tors as having, operated both ways, ¦ Gen. Cigar The market was steady. Ameri- Gen. Electric can Silver was quoted at 4 3/4 Gen Foods: for Spot.

49

491*

United Aircraft

.231

23

10

United Airlines Trans

72

72

United Corpn.

27

27

32

341

United

$3 Corpn.

..

174

18.

cum. pl......

28

231

-26-1

201

United Gas Corpo. 4

41

Managur

40

41

Un: Gas Tprovem't 10

101

25

251

Un. Light & power

24.

21

391 391

U.S. In'trial Alcohol 181*

201

321 321

U.S. Rubber

29

313

5.03-9/16

The London-New rate

quoted was

at 503. York-London was quoted at 503 3/15...

York

Gen. MotorB .................. ercas- Gen. Railway Signal 212

New Glidden Co.

Godchaux

332: 353

US. Rubber pf.

80%

6741

Sugar

Class "A"

8.901

5.03-1/16 8,963

MARKET

Goodrich (B.F.)

Goodrich $5 p.

142-15/16

1421..

Goodyear Tire & Co. 201 Great Northern Rly. 221 Great Western Sagar 20 Greyhound Corpo Hecker Products,

Copenhagen

Stockholm

Shanghal

New York Amsterdam Vienna

Prague Helsingfors

Lisbon

Hong Kong

Bombay

Montreal

Brussels

Yokohama

5.031

29.571

Belgrade ....

Monte Video

Bucharest

R10

31lver (Forward)

Silver (Spot)

wat Lonn

ON LONDON:-

19-11/16 34% 103-1/16

Closing Quotations

February 18, 1928.

Telegraphic Transfer.....ì Bank Bills, on demand 1/4 Credits, 4 months' aight 1/5

On Shanghat:

5.021 29.55€

191 19-5/16 31% 102-15/18 .

UN New York:—

Bank Bills, on demand 31 3/18 Credits, 00 days' sight 31 11/16| ON BATAVIA -

054"

Bank Bills, on demand 940 Credits, 4 months' sight 1,000

On demand

ON PARIS

On demand ...............

1041

OS SAIGON

IN SINGAPORE ¦---

On demand

On demand

v

ON MANILA:-

Ou Ikean-

On demand

On demand

OS BANGKOK :-

1061

4

On demand

IN INDIA

Sovereign Nates

Telegraphie Transter...

Bank, on demand.....

42

03].

149)

Bank Buying Rate..... 1/31/16 BAR STEL. per os. ............:) 19.15/16)

Very quiet

STERLING No business

transacted. was There were sellers at 1/3 Feb. April and 1/2 31/32 May-June. buyers at 1/3 1/32 Cash-May and 1/3 June.

U.S. DOLLARS

There were sellers at 31 7/16 Feb.-March and 31 3/8 April-May, buyers at 31 1/2 Feb.-March and 31 7/18 May, probably April.

SHANGHAI DOLLARS Sellers at 105 3/4, buyers at 105 7/8 for Spot.

SHANGHAI MARKET There were sellers of Sterling at 1/2 13/64, buyers at 1/2 7/32 for cash. US Dollars sellers at 29 3/4, buyers probably at 29 13/16 for Spot.

"IN THE AFTERNOON The market was quiet in the atiemoon:

STERLING

The market closed with sellers at 1/3 February-April and 1/2 31/32 May-June, buyers at 1/3 1/32 Cash-May and 1/3 June,

US. DOLLARS

The Market closed with sellers at 31 7/16 Feb.-March and 31 3/8 April-May, buyers at 31 1/2 Feb.- March and 31 7/18 May, probably April,

H.K. SHAREBROKERS' ASSOCIATION

BUYERS

Wharves, $120. Providents (Old), $2.70. Providents (New), 65 cts. F.K. Docks, $29. Hotels, $8.45. Trams X.D., $14.55. China Lights (Old), $10.90. Electrics, $57. - Telephones (Old), $25.60. Telephones (New), $9.15. Cements, $14.80. Ropes, $4.35. Watsons. $8. Marsman H.K., 5/6

"

SALES Providents (Old), $2.70. Hotela, $4.45. Realiles, $5.20...

Y. Ferries, $25.35,

China Lights (Old), $11. Electrics, $58). Watsons, $8.

JAPANESE TRADE

.

DECLINES

Tokyo, Feb. 18. Japanese imports as well as ex- porta dropped considerably during the month of January, according {to omciät figures just published.

Exports in January amounted to 172,000,000 yen as compared with 283,000,000 yen in December 1937.

Imports dellined from 213,000,- 000 yen in December to 208,000,000 yen (Transocean!.

KÉICHSMARK QUOTATIONS Berlin, Feb. 17. Relchsmark quotations, without guarantee, are as follows:-

New York, 40.63. Paris, 1236

Amsterdam, 72:20.

London, 12412.

Paris Sterling, 152.80 to 152.90. Paris US Dollars, 30.37 to 30.385,

(Transocean).

Board of Directora :---

Sir Bhouson Chow, Chairman

THE YOKOHAMA SPECIE BANK

LiKonn Chun. Esq. Lan Bang, Red Capital (fully paid up)

P. K. Kwok. En

WongChuson, Esq.

Wong YanTung. Eeq Kan Ving Po, Esq

Frog Ping Wab, Reserve Fund Chan Ching Shek

Esq.

Eoq

Kan Tong Po, Esq., Chief Manager, Li Tre Fong, Esq., Manager.

* Branches and Agencias z***

Kowloon

Blonay

Yen 100,000,000.00 ...... Yea 134,400,000.00

Head Office:-YOKOHAMA

BRANCHES AND ADEMOISS AT: Alexandria Honolulu Rangoon Bangkok Hainking Rio do Batavia Karachi Ідлейго Berlin

San

Francisco Los Angeles Beattie Manila Semarang Moji

Amoy

Fessar

atavis

London Marilla

Bangoo

Bours wys Ewatow

Baigon

Bydney

lots

Hdbourne Sex Pres-

Talhokai

Bombay

Kobe London

Tentein

Calcutia

New York Beschle

Tokyo

¡Canton

Parl

Shanghai · Yokohama Piping gingspers

Bonarking Yanconver Dairen

Haiphong slow Eonolulu

Robe

Shanghai (Dalny) Nagasaki Singapore Fengtien Nagoya Boerabaya

Every description of Banking (Mukden) New York Bydney and Exchange business transacted. Hamburg Osaka Tiontein Loans granted on approved Hankow · Otaru Tokyo securities.

Harbin Paria Current Accounts opened in Local Hong Kong Peking

Tsingtao

Tinkow

Currency and Fixed Deposits re- Interest allowed on Oprrent ceived for one year or shorter Accounts.

periods in Local and Foreign Cur- Deposita received for Fixed rencies on forms which will be Periods at rater to be obtained quoted on application.

Safe Deposit Boxes To Let

11

on application.

KAN TONG.PO,

Thief Manager.

Y. KANO.

Manager. Hong Kong, 14th Feb., 1938.

22 *

U.S. Smelting

67

68

224

231

U.S. Steel

............ 53

547

Vanadium - ............ 171

181

30.

31 *

Warner Bros. Pict...

51

6

161

171

Westinghouse Elec. 934

951

496

51.

Woodward Iron Cor.

151

181

Reserve and Undivided

THE MERCANTILE BANK OF INDIA, LIMITED,

Head Office:-15, Gracechurch Street, London, EC.S.

£3,000,000 Authorised Capital

Reserve Fund and Rell.

$1,050,000 €1,217,830

BANK OF CHINA

Specially Chartered by

£1,000 THE NATIONAL GOVERNMENT

OF CHINA AS AN INTERNATIONAL EXCHANGE

The Bank of England and Midiand

Bank Ltd.

Bongkaug Howark

Kuala Lumpur

Madran New York Penang

Banzoo

Khang kai Simla

Elosspore

Sala, Teroughne BONGKONG BRANCH. Every description of Banking and Exchange

Trasfuem tranaensted.

Travellers Chequer issued, TRUSTEE AND EXECUTORSHIP

UNDERTAKEN.

CCRUENT ACCOUNTS Opened in Local Cur Tears and 'XED DEPOSPTR revived in Local Currey, STERLING & U. 3, DOLLAUS da tarma that may be ascertained on xylention,

D. BENSON.

BANK OF EAST ASIA. LIMITED.

BANK

PAID-UP CAPITAL. $40,000,000.00 BRANCHES ALL OVER CHINA; Owing to our numerous Branches in China and connections in the principal Commercial Centres of the World, we are able to extend to our Clients special facilities for Domestic and Foreign Banking and, Exchange.

Head Office: SHANGHAI

4. QUEEN'S ROAD, C. South China Offices:

CANTON

SWATOW

SHIUCHOW

2

KONGMOON TO1SHAN KINGCHOW

We also handle the issue of Bonds

and "other Public Funds of the Chinese Government both at Home

Authorised Capital $10,000,000.00 and Abroad. Paid-up Capital 5,593,600.00

SHOU J. CHEN

4

I

Hongkong Branch:

Profts.

2,776,728.78

Manager,

221

Youngstown

Sheet

14

23

& Tube

35%

301

231*

01

91

Chase National Bk. 31* National City Bank 267*

311*

Head Office: HONG KONG No. 10, Des Voeux Road, Central.

· 261*

61.

Call Money

1

1%

LIMITED

1 ́ex div.

• bid.

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