1900

#598

$1.40

The London-New York cross- rate Was quoted

502. RE

New York-London was quoted at the

81.46 7.08 20 Raile

17.54 18.95 20 Utilities

1940

105.88 88.74 40 Bonds

same rate.

MARKET

1594

Stugnant.

$115

$11

STERLING

STOCKS

331

443 82/6

Do

(def.)

543

Shelle

93/9

Waterniontar

$0.30

19.30

Mining

There were sellers at 1/3 March- May and 1;2 31/32 June, buyers at 1/3 1/32 Cash-May and June.

Adams Express

1/3

No business was reported.

Alleghany Steel Co. 171 Allis Chalmers

15/0

Kidlat **

17

Venosudin Gold Pkis.

15/6 $6,90 $31

Amer. Can

U.S. DOLLARS

There were sellers. at 31 3/8

Amer, Cynamid “B”

10 ot

"Hongkong lines.

Docks, Wharves,

Gudowns, etu.

$133 13

131/13/1

FL.K. & K, Whartex. $131

+++

$132

744

33

vidents (uk).

$2

$3

$1,02

1.07|

$1

Do.

(new) $1

#1

E

::

30/297

H.K. & W. Docks

$30

$30

| March-April and 31 5/16 May- June, buyers at 31 16 Cash- April and 31 3/8 June."

SHANGHAI DOLLARS There were sellers at 105 5/8 and probable buyers at 105 3/4 for Spot.

Amer. & For. Power

12

DAILY SHARE Hong Kong Stock

#

Exchange

Boys Jäljers

QUOTATIONS

Sharebrokers' Association

Bains Haanimal

TUESDAY. MARCH 1.

daliara

Boyer.

*NIC

$1,085

1555/65 X div.

ox.diy.| £04

tigh

999

£14

185

$2674

$6321 $1,40 3240

5324/5 10.

Do.

"O"

Вадка

H.K. Banks

Do. (London) ... Chartered Banks

Morcantile Bks. "A"

Bank & East Asia... $85)

N. O. &8. Bark...

Insurances

Canton lasurBŊDOM....

Union Insurances ...

Underwritura

H.K. Fires

Shipping

Douglatos si................. Stebrats

Indo-China (prof.)

HOLI

າມພຕາ

$1,883

XD XD

211 £28 £14

HONG KONG DAILY PRESS, WEDNESDAY, MARCH 2, 1938.

THE EXCHANGE

MARKET

MESSRS. ROZA BROS.

Silver prices were lower yester- day to the extent of 1/8 for Ready and 116 for Forward, the, quota- tions being 20 1/18 and 19-13/16 respectively. Silver advices report- ed Indian speculators as having sold for forward delievery. The market was steady. American Silver was quoted at 44 3/4 for Spot.

NEW YORK STOCK EXCHANGE

New York: March 1

(Through Renter's Service)

QUOTATIONS

New York/London Cross rate" Now York,Cotton-Mar.. New York Rubber-- Mar. Chicago Wheat --May. Chicago Corn -May

Winnipeg Wheat-May. Silver-Official

1937

$81

High Low Dow Jonas Averagon, 194.40 113.64 30 Industrials.

الا

Last

442

BANKS

BONG KONG AND SHANGHAI THE CHARTERED BANK OF INDIA

BANKING CORPORATION

;

Authorised Capital ......$50,000,000 Issued & Fully Paid-Up $20,000,000"| Reserve Funda:---

Sterling

.....£8,500,000

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

Proprietors

...$20,000,000

Head Office:-HONG KONG

Board of Directors. T. E. Pearce, Esq.,

AUSTRALIA AND CHINA Incorporated by Royal Charter, 1833

HEAD OFFICE: LONDON: »

38, Bishopsgate E.C.2.

Paid-up Capital........ Reserve Fund.... Reserve Liability of Pro- priators

£3.000.000

£3.000.000

23.000.000

MANCHESTER BRANCH: 71, Mosley Street, Manchester.

AGENCIES AND BRANCHES: ALOR STAR

ILOILO AMRITSAR IPOR BANGKOK KARACHI

KLANG

KOBS KUALA

6

SEMARANG

BEREMBAN Ɑ

WILANGHAI

SINGAPORE

EITIAWAN

LUMPOR KUCHING

BOUEABAYA

TAIPING

TIENTSIN

MANTLA

TONGKAH

KEDAN

(Bhuket)

NEW YORK

'TSINGTAO

FELPING

Today' Clone High Low Close

3.02-3/16 5.01

Change 3/16.68

9.31 9.19 8.10 15.10 14.90 14.95

9.31

.00 up

14,05

"unch.

93) 83

931

1 off

891

BRI

B01

69

1/4 of

1961 1281

127

441

3/4 of unch.

Feb. 20.

131.26

30.39

30.18

91.30

82.44 62.01 11 Commodity Index 54.33

High Low Close 13089 125.63 159,64 30.13.29.75 20.90 20.10. 19.61 19.09

64.10 Business Done;-260,900 shares.

Change 1.62 off 33 olf 35 of

.93 off

Last Sale

STOCKS

Lust Sale

Feb. 26 28

Feb. 26 28

Chairman. Hon. Mr. J. J. Paterson,

Deputy Chairman, J. K. Bousfield," Esq., A. E. Compton, Esq.,

Han, Mr. S. H. Dodwell, Hon. Mr. M. T. Johnson, J. R. Masson, Esq.,

BATAVIA

BOMBAY

****

ta

93

Humble Oll

€9

GB

161

Int. Nickel

53

5021

45

45

Int. Tel. & Tel.

B1

90

891

Int. Dept. Stores

281

257

31

31

Lambert Corpn.

Amer. & For. $7 p.

25

23)

Libbey-Owens- Ford

Amer. Locomotive... 23 Amer. Metals Amer. Radiator

521

331* 336

Lockheed Aircraft

137 131

Loew's, Inc.

Amer. Rolling Mil'.

201

201

Lorillard

101"

Kennecott Copper... 391

-11)

Glass ................ 351

D

503

167

Amer. Smelting......

511

501

McKesson & Robbles

398

Shangai Doga

S.

185

#f

Now, Enginarius B.

$3

1ands. Hotels, and

Bui dings

$6.00 135

|$8.9077| $35

HK. Hotel ....

$8.80/

B.K Lands..........] 8344

SHANGHAI MARKET There were sellers of Sterling at 1/2 7/32, buyers at 1/2 15/64 for Spot. U.S. Dollars, sellers at 29 23/32, buyers probably at 29 25/32 for "Spot...

Amer. Sugar Ring. Amer. Tel. & Tel. Amer. Tobacco "B" 661 . 67 Amer. Waterworks.

28;

273

$3 pf.

341-

130

137

10

91

182

Martin, Glen L..... Monsanto Chemical 91 Montgomery Ward 361

Anaconda Copper ...

337

323

Nat. Bond Invest-

$100

Do. 4 Debentures

Shanghai Land...

Metropolitan Lands..

$3.85

186

$5.85/0)

H.K, Realties. $3.55

Huusphreys

Chinees Estate56 ......

Cotton Milim

$16,40 $61

#101/1

$83

$25+

$12,20

$9

119)

3201

$10

$132 Ewos ****** $70

S'hai Coltons......S.

Zoobig Sings

Wing On Textiles(S.)

Ewa Cotton Rts, S.

Pablle Utilities

Tmwways...

Peak Trias (uld).....! 184

Du

Btar Forrien

Yanmati Ferries ...

China Lights (old)... 12 20

$154

(now). 182

:

4

Saulakan Lights....

i

iiii.

ཡཿ 1 ཚོ། 1 ༄ ཟན 1 རཱཊྛོ,

126,30

$1.90 Binceras

Watsons

Miscellaneous

Dairy Farmon

Ch. Kainmaata.

Constructions, (old)] $1

Do.

Lane Crawfords...

Nanyang Tobacco.

S. C. Enterprises....

60% CG.5X19250.0Bda.

14.K. Govt. 4%Loans $102)

31%

Do.

(Bow)... $5.90

Do." tx.

601/01

H.K. Electrics

8604

Macao do. ******

B14]

Tuinphones (old)

Do. Tractions

(new)

3:0

1261

XD

22/6

23/6

Da. (prot.)...***

Industrials

$14

Cald., Macg, (Ord.)3)

$15

Do. (Prof S

$1.70

Canton lcea

B1.85

15.10/2

Comente

$15.10

#5

Ropes

$4.00

$26.30

$8.30

[bow)

$1.80

·201

63%

Dar

Do.

3109

$31)

H.K Wing On

Wallace Harper......

340

S'hai Dio

$43

ex.div $5

Vibro Piling

45

ID

18/9

Marsmans Ir v. (Lon.)

5/-

[do cts, W. Towels

(HK)

170 ct

· Feb. 25.

Paris

153-21/32

Geneva..

21:591

Berlin

12.401

12.40

Athena

Milan

951

953

Copenhagen

Stockholm

197

19-13/15

Shanghai

"

New York

Amsterdam

5.02-3/16 8.901

5.02

•Sales to Shangbai

LONDON EXCHANGE

(British Wireless Service)

Feb. 23 153-13/32 21.591

IN THE AFTERNOON The market afternoon.

The market closed with sellers.

at 1/3 March-May and 1/2 31/32 June, buyers at 1/3 1/32 Cash- May and 1/3 June,

U.S. DOLLARS

The market closed with sellers at 31 3/8 March-April and 31 5/16 May-June, buyers at 7/16

31

Cash-April and 31 378 June.

H. K. STOCK EXCHANGE

YESTERDAY'S

OFFICIAL QUOTATIONS

The market remained very Arm In spite of some profit taking in the morning. and prices generally were, better than the day before.

BUYERS

1

H.K. Bank, $1565. Cantor. Insurance, $2671. Union Insurance. $5321. China Underwriters, $1.40. HK Fire Insurance, $242}. Union Waterboats, $9.30. HK. & K. Wharves, $133. Providents (Old), $3, Providents (New), $1.021. H. & S. Hotels, $6.95. H.K. Lands. $35. H.K. Realties, $5.85. Chinese Estates. $88. H.K. Tramways. $15.40, Peak Trams (Old). $84. Star Ferries. $83. Yaumati Ferries, $254. China Lights (Old), $12.20. China Lights (New), $3. H.K. Ellctrics $814. Macao Electrics, $194. Telephones (Old), $27. Telephones (New), $101.. Cements. $15.20... HK. Ropes, $4.95.. Dairy Farms, $26.30. Watsons, $63.

Lane, Crawfords. $9.

Constructions, $14. ...

H.K. Govt. 4% Loan. $3 pm. Wallace Harpers. $5.

SELLERS

Providents (New), $1.07.

1100.

Atchison, T. & S. Fe. Atlas Corpo

38)

381

ment

15*

72

61

Nat. Cash" Register 1* *

17 *

was quict in the Auburn Motors .......

41

+

Nat. Dalry Products 142.

Baltimore & Ohio...

101

91

Nat, Distillers

231

STERLING

1

B'more & Ohto Pid.

11

12

Nat. Power & Light: 7

$8.20

Barber & Co.........

13

18

Barnsdall Ol

15.

153

New York Central...

183

Bethlehem Steel

591

58

Niagara Hudson - P

$123 370

*194

$32

Boeing Airplane Co.

30%

30

Corpn.

81

Borden Co. Borg-Warner

183

181

N. America Aviation

91

251

247

North America Co. 20

27

Briggs M'facturing. 23} Brooklyn-Manhattan

234

Northern Pacioc

12

Pacific Gas & Eléc

26

15 22/40.

Trans.

101

101

Pacific Lighting

38

Brooklyn-Manhattan

Packard Motors....

42

$6 cum. 1.

30

31

Paramount Pictures 101

$25.85 12.10/3 0/36

Case, J.I.

93

91"

Paramount ist. pl. „87) -

Canadian Pacific

72

7

Pennsylvania R.R....

234

Celanese Corpn......

161

161

Phillips Petroleum... 391

Cerro de Pasco ....... 411

411

Pubile Service of NJ, 31

Chesapeake Corpo.... 45)

453

Pure O.....

12)

112

Chesapeake & Ohio 361

352

Radio Corpn. of Am.

87

Chrysler Corpn. Columbia Gas & El. Columbia 6% "A" pl. Commercial Credit... 36 Commercial Solventa BA 31 Commonwealth & S. . Commonwealth & 8.

551

532

Republic Steal

17

8

7*

Reynold Totac. "B" 331

89)*

691

Schenley

25+

38

Schenley 54% pt.

831*

"

Bears Roebuck .....

61

14

Shell Union Oll

13

Socony-Vacuum

158

151

18

13.10/20

6% cum. pf...... Consolidated Edison 221

364

35

Southern Cal Edison 224

'211

Southern Pacific

101

Consolidated Of

97

94

Southern Rly (com)

12)

Continental Can

434

43+

Southern Rly “A” ... 20.

Continental Of

322

321

Standard Brands .... B

Corn, Products

843

647

Curtiss Wright (C)

41

142..

Stand Gas & Elec. ti Stand Gas & Elec.

Cartiss Wright "A" 167

167

$7 pi....

23}

Delaware & Hudson 161⁄2

161

Standard Oll of N.J.. 53

Del; Lackawanna &

Western.....**

BA

а

Sterling Products ... 581* Studebaker Corpn. 52

Deere Co.

241

231

Swift International 25 *

Distillers Corpn. Sea-

Technicolor

201

15

142

grams

Texas Corpn.

437

Douglas Aircraft

411

404

Texas Gulf Sulphur 323

Du Pont

118

1181

Eagle Picher, Lead 11

11t

Transamerica (new) 108.

Electric Boat

87

87

Elec. Bond & Share

..8..

77

Tidewater Assoc. Oil 15

20th Cent. Fox. Fms 22

do. Filmas pf.. 311*31*

Elec, Bond & Share

Union

Carbide B

יי,

48 *

48 •

$5 pl......

Carbon ......

791

Elec. Bond & Share

Union Pacific

794

RATES

$6 pf.

55

55

United Aircraft

25

Elec Power & Light

10

101

United Airlines Trans

72

Elec. Power & Light

United Corpn........ 31

$7 pf.

37**

37

United Corpn. $3

Flatko c

172

171

cum. pl.

29₤

Freeport Sulphur-

261 281

Gen. America Trans

44

43

Gen. Cigar

254

20 *

Entertainments. $61.

Gen. Electric

411

401

United Gas Corpn. 4

Un. Gas Iprovem't_104

Un. Light & power 24

U.S. In'trial Alcohol 20

Gen. Foods

32

314

U.S. Rubber

34+

Gen. MotorS

35 -341

US. Rubber pf.

74

Gen. Railway Signal -231*.

23

U.S. Smelting

491.

Glidden Co.

'23

222

U.S. Steel.....

564

Godchaux

Bugar

Vanadium

181

3.963

Vienna

Prague

Peak Trams (New), $3),

SALES

Class "A"

142.

1427

Helsingfors

Lisbon

Hong Kong

Bombay

Montreal

35 * Goodrich (B.F.) ...... 171 Goodrich 35 pt....... Goodyear Tire & Co. 231

35 *

Warner Bros. Pict....

6

161

544

53

Westinghouse Elec. 981 Woodward Tron Cor. 17

221

Youngstown Sheet.

Great Northern Riy, 241

24

& Tube

361

5.02-3/16

5.02

29.56

Great Western Bugar 304* Greyhound Corpn. 10 Hecker Products

291.

Chase National BK. ·31]*

10

National City Barik. 281*

71

1

Call Money

1

ཙཎྜཊྛཱཀྐཾ། བྷཝནཱཝ, ཌཱིཀྐདྷིཀྑུ ࿄ཏྟཏྟསིངྒཛཱ ཝཙྪཱཝཎྜོདྷནྷིཝ་ྔསློབྲཱ=ཊྛལླཱཨྰཿཏྲྰཾ ཧྲིཔྤཊྚནཱཡཱནཱི ཙྪིཝེཨྰཿམྨ ཨྰཿམཉྫུ ཙྪཱ་ཚནྡནཊྛཱཎྞཊྚཊྛཚོ་ྲཨོཙྪནྟཾ། དྷབྷོཏྟེ

Hong Kong. 26th Feb., 1938.

Nat. Supply Corpn. 211 217

G. Miskin, Esq.,

E. 8. Morrison, Esq., A. L. Shields, Esq..

Sir Vandeleur M. Grayburn,

Chief Manager. HAIPHONG

Branches:-

Amoy Ipoh Bangkok Batavia Bombay Calcutta Canton Chefoo Colombo' Dairen Foochow

Francisco Shanghai Singapore Sourabaya Sungei

Patani

Swatow,

Haiphong Muar Hamburg (Johore) Tientsin Hankow Mukden Tokyo Harbin New York Tsingtao

Yokohama Hongkow Peiping Iloilo

Current

Accounts opened Local Currency and Fixed Deposits received for one year or shorter periods in Local and other Cur- rencies on terms which will be quoted on application.

Also up to date Safe Deposit Boxes in various sizes To Let. Hong Kong. 26th Feb., 1938.

HONG KONG SAVINGS BANK

The Business of the above Bank is conducted by the HONG KONG & SHANGHAI BANKING COR- PORATION. Rules may be ob tained on application.

For the HONG KONG & SHANGHAI BANKING CORPORATION.

V. M. GRAYBURN,

Chief. Manager.

HONG KONG

YOKOHAMA

(Peking) ZAMBOANGA

PENANG

BANGOON

FOREIGN EXCHANGE and General Banking Business transacted.

CULLENT ACCOUNTS opened and FIXED DEPOSITS received for One Year or shorter periods at rates which will be quoted on: applică- tion.

Bank's The

Head Office in London undertakes Executor and " Trustee business, and claims re covery of British Income Tax overpaid, on terms which may be ascertained at any of the Agencies and Branches.

R W. ROBERTS.

Manager.

THE CHASE BANK

18, QUEEN'S ROAD CENTRAL

READ OFFICE:

18, PINE STREET,

NEW YORK,

An American Bank offering com plete Foreign Banking Service in the principa! Markets of Interest Rates on Application.

the world.

SAFE DEPOSIT BOXES

THE

This Bank is entirely owned by CHASE NATIONAL BANK, New Yoas, with Resources over

·U.S. $2,500,000,000.

D. M.. BIGGAR,

Manager.

CALCUTTA CANTON

CAWNPORE

43U COLOMBO

MADRAS

DERI

Johore Kobe Kowloon

Penang Rangoon

Saigon

SAD

Kuala

Lumpur

London Lyons Malacca Manila

||

HAMBURG

HANKOW

HARBIN

44

Head Office: 15., Gracachurch Street, London, ECA Authorised Capital

€1,500,000

horribed Capital

21,000

Palup Cxplai

£1,064,000

Reserve Fund and ent

21,247,839

Bangkok

Ipoli

Howhy

Valacca

Colombo

Delhi

ไป

Hongkong

Howarh

BANKERS: The Bank of England and Midland

Bank. Ltd. BRANCHES:

Kentan

Kandy Karachi

Kata hari

drus

I'm

Kunia Lipts

Shanghai

Simula

Singapore

ן'

barizem transacted.

Travellers' Cheques Isearch,

that may be ascertained on application,

D. BENSON.

Manager.

BANK OF EAST ASIA, LIMITED.

Paid-up Capital

Reserve and Undivided

Authorised Capital $10,000,000.00 and Abroad.

5,598,800.00

. Profita

2,778,726.70

Head Office:-HONG KONG

THE MERCANTILE BANK OF

INDIA, LIMITED.

Kala Lumpur

BANK OF CHINA

Specially Chartered by

THE NATIONAL GOVERNMENT OF CHINA AS AN INTERNATIONAL EXCHANGE

BANK

PAID-UP CAPITAL...$40,000,000.00 (BRANCHES ALL OVER CHINA) Owing to our numerous Branches New York in China and connections in the Hangga principal Commercial Centres of

Kaala Treba n HONGKONG BRANCH.

the World, we are able to extend to our Clients special facilities for

Every description of Banking and Exchange Domestic and Foreign Banking and

TRUSTEE AND EXECUTORSHIP UNDERTAKEN.

CURRENT ACCOUNTS opened in Legal Cor rency and FIXED DEPOSITS recived la Local Currency, STERLING & U.8, DOLLARS de Lerns

Exchange.

Hrad Office: SHANGHAI

Tongkang Branch:

4. QUEEN'S ROAD, O

South China Officer:

KONGMOON TOISHAN KINGCHOW

CANTON SWATOW SHIUCHOW

We also handle the issue of Bonda and other Public Funds of the Chinese Government. both at Home

SHOU J. CHEN

Manager.

$ ex div,

*bid

No. 10, Des Voeux Road, Central.

Board of Directora :—.

Bir Blouson Chow, Chairman

Lt Koon Chun. Esq. Li Lan Sans,

P. K. Kwok, Esq. WongChußon, Esq.

THE YOKOHAMA SPECIE BANK

LIMITED

Capital (fully paid up)

Yen 100,000,000.00 Beserve Fund Yen 134,400,000.00

Brussels ...

Yokohama

Belgrade Monte Video Bucharest

Rio

allver (Forward)

Silver (Spot)

War Loan

ON LONDON: ---

19.411 20-3/18

Closing Quotations

March 1, 183S.

Telegraphic Transfer... Bank Bills, on demand

Credits, 4 months' sight 1/31

OK SHANGHAI !---

On demand... 1042.

ON NEW YORK:

29.56 2-13/16

20-1/16 21.22

31% 103-5/16

Bank Billi, on demand 311/16 Credits, 60 days' sight 211

ON BATAVIA:-

On demand

ON PARIS:-

BB

Bank Bills, on demaad 847) -

Credits, 4 months' sight '1,007)

M

ON SAIGON:- N

OK SINGAPORE:--

On demand...

DIL

On demand

627

ON MANILA: ---

ON JAPAN:-

On demand

621

On demand

1061

ON BANGKOK :-

On demand

ON INDIA:-

Sovereign Notes

Bank Buying Rato.....

1/21/16

Bank, on demand

BAR SILVER, per of

201/18

Telegraphic Transfer... 78%

HR $1555-65 ex.d.

Union Insurance. $5324-540.

HK, & K. Wharves, $1334-133. HK. & W, Docks, $294. Providents (Old), $3.- Providenta (New), $1. HK. Mines, 10 cts, H. & S. Hotels. $7. HK. Lands, $35-51. HK, Realties, $5.85-6. HK: Tramways, $151. - Yaumati Ferries, $254. China Lights (New), $9.10. HK. Electrics, $61-4. Telephones (Old), $27. Telephones, (New), $10.20.

Cements, $15.20-40.

HK, Ropes, $5.

Dairy Farms, $20.30

Lane. "Crawfords. $9.

(Prices below in Phil Currency)

Antamoks 61,

Atoks, .28

Bagulo Gold, 25)

Benguet Consol., 9.80 Coco Grove., 67

Consolidated Mines, .011 Demonstrations, 391 LX.L.. .80

Paracale Gumaus, 28 San Mauricio, .67 Suyor Consol., 22 United Paracales., .52

HK.

SHAREBROKERS* ASSOCIATION

BUYERS

Wharves, $133. Humphreys, $8.

China Lights (Old), $12.15, Electrics, $811.-

Telephones (New), $10.10. Canton Ices, $1.65.- Watsons, $6.30. Govt. 4% Loan, $103.

SELLERS Providents (Old), $3.05. Hotels, $7. Trams, $154.

SALES Providents (Old), $3,05, Providents (New), $1.05. Humphreys, $8. Trams, $15.45.

China Lights (Old), $12ł. China Lights Rts., $84. Telephones (Old), $27. Antamaks, 98 cta.

REICHSMARK QUOTATIONS

Berlin, Feb. 28,

The Reichsmark

quoted, without guarantee, as follows:-

New York, 40.60.

Paris, 1239

Amsterdam. 72.295..

London, 12.402.

Was

Paris Sterlinx, 15385 to 153.70. Paris US Dollar, 30.62 to 30,63.

--(Transocean).

Wong YanTong, Esq. Kan Ying P Chan Ching Shak Pang Ping Wall, Esq.

Esq

Kan Tong Pp. Maq, Chief Manager. Li Tae Forg, Esq., Manager.

Oakutia Melbourne

Head Office:-YOKOHAMA

J

BRANCHES AND AGENCIES AT: Alexandria Honolulu Rangoon

Hainking Rio do

Branches and Agencies:--

Bangkok

Amoy

Kowloon

Pazing Bosmalays

Batavia

Karachi

BSTATIS

London

Ban1000

Buttow

Berlin

Kobe

Boobay

Min

Belgor

Sydney

Ban Pran-

Talboko

Bombay

London

deco

Tientsia Calcutta

Janeiro Han .

Francisco Los Angeles Seattle

Haiphong

New York

Semakin

Tokya

Hankow

Honolulu Parle Robe

Canton Manila Semarang

Semarang VANDOUTST Shanghal Tokohama Dairen Peiping sinapore.

Moji Shanghai (Dalny) Nagasaki Bingapore Fengtien Nagoya Boerabaya

Every description of Banking (Mukden) New York Sydney and Exchange business transacted. Hamburg Osaka Tientsin Loans

on granted

approved Hankow Otaru Tokyo securities.

Harbin Paris Tsingtao, Current. Accounts opened in Local Hong Kong Peking. Yinkow Currency and Fixed Deposits re- Interest allowed on

shorter Accounts. Owing to the transfer of Mr. G. periods in Local and Foreign Cur Deposits

H.M. TRADE COMMISSIONER'S OFFICE CLOSED

ceived for

от one year

Current

received for Fixed

C. Pelham to the British Embassy rencies on, terms which will be Periode at rates to be obtained

In China, the office of H. M. Trade quoted on application. Commissioner and Commercial Enfe Deposit Boxes To Let.

Secretary will be closed until fur-

ther notler

On application.

Y. KANO,

KAN TONG PO

Manager.

Chief Manager.

Hong Kong, 14th Feb., 1938.

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