PAGE 12-HONG KONG DAILY PRESS

DAILY SHARE QUOTATIONS Hong Kong Stock

Exchange

Sharebrokers' Association

H. K. STOCK EXCHANGE

duyola 138alleen

Bala

Noosens

TUESDAY, MARCH 22.

Bulldra

Sujete

Bon

| #1,505'10

£80

ox.div. 211

Chartered Banks

£29

£14

Backy

H.K. Banks

Bo. (London)

Mercantile Bks. "A"

Do.

$1,500

የክ

XD £11

229 £14

Bank of East Asia...

180

*2

180

:

N. C. & 8. Banks ...

Insurance

some

32

$275

Canton Insurances..

7270

YESTERDAY'S

OFFICIAL

QUOTATIONS

Although the volume of trading today was not quite so large as yesterday, the market

remains steady and prices well maintained. The Manila market is showing closes Improvement and steady on a slightly higher level. BUYERS

FINANCE

NEW YORK STOCK EXCHANGE

Now York; March 31

(Through Renters Service)

WEDNESDAY, MARCH 23, 1938.

BANKS

¡

QUOTATIONS.

Last High Low Close

New York/London Cross rate Now York Cotton-May, New York Rubber-May. Chicago Wheat --May. -May Chicago Corn Winnipeg Whoat-May. Silvercial

8.82

4,961 .8.64 8.78 13.90 13.80 13.9)

87 694 691 69 118 1107 1197

Today' Close

4.96

8.57 13,83 854.

Chang

38 off .03 off 07 of

1 off

091

1172 442

1/8 of if off

1937

3540

Union InsuraROM .......

3635

Bank of East Asia. $80.

1.05/2. lot

Underwriters

H

$2

1245

H.K. Fires... c*****

Union Insurance, $325.

High

Low Dow Jones Averages, 134.90 117.13 20 Industriais

82.77 33.43 20 Raile 32.20 17.84 20 Utilimes 92.70 86.59 64.99

Mar. 19.

120,43

"3.68

High Low Close 122.48 130.09 120.59 24.80 $3.55 £3.61

Change 14 of

07 of

17.06

18:35 17.79 17.10

.10 of

Bonds

86.79

87.04

.96 u

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

1 52.01 11

Commodity Intlex 62.03

$1.75

34 of

$24%

Business Dons-140,000 shares.

China Underwriters, $2.10.

Shipplag

$67

Douglases

#07

Douglases, $67.

STOCKS

Last Sale

STOCKS

Last Sale

$1st

Steambts

15

H.K. & W. Docks. $331.

Mar. 19 21

Mar 19 21

151

Indo-Chinas (pre)

351

HK, Lands,. 4

debentures $100.

121

Do (def.)

Adams Express .......

81 87

Humble Oll ... 851

651*

124

| 26/10)|

Waterbosta

201

Alloler

נו

15/6

Kailans ....

15/6

7,9» Baubs

$7.3*

14

Veneza Guid Flis.

10 ets. "Hongkong Minos..

!!!*

$3.40

Docks, Wharv,

*3

1131/33 3.45/32

$1.45

#33)

33/3341

1.K. & W. Docks

2100

New Engineerings 8.

$8.05 $38

17

$5 10

315

$7

$84

1100

$90

15.00 $31

Godowns, eto.

H. K. & Wharton,

Providents (ok) $3.45

Do. (DOW)

Shangaai Dock. S..

Lands. Hotels, and

Building's

H.K. Hotel ******** H.K Land... 8. Do. 4% Debentures Shanghai Landa...S. Metropolitan Lands.. H.K. Kralties........... Humphreys China Ri

Cotton Mille

313,90 EWUN

872

S'm Cutters .....S.

Zoong Sings....S. Wing On Textiles.)] Ewa Cotton itu, S. Pablle Utilities

Tramwaya

Peak Trams (old) ...!

Do (now)...

Star Ferries

Yaumati Ferries...

Do.

$15

Chinese Estates, $95. HK Tramways. $15.20. Peak Trams (Old), $7.

Star Ferries, $84. E.K. Electrics, $58) Sandakan Lights, $141.

Cements, $17.

Dairy Farms, $25. Binceres, $2.20.

Alleghany Steel Co.

151

161

Int. Nickel

482

for

Hou. Mr. M. T. Johnson,

Allis Chalmers Amer. Can

45}

45

Int. Tel. Tel.....

TI

G. Miskin, Esq.,

831

851

Int. Dept. Stores

81

8211

Amer. Cynamid "B" 214

213

Kennecott Copper ...

E S. Morrison, Esq..

364

36

A. L. Shields, Esq.,

Amer. &"For. Power

31

3

Lambert Corpa.......

101

101

Sir Vandeleur M. Grayburn,

HONG KONG AND SHANGHAI THE CHARTERED BANK OF INDIA

BANKING CORPORATION

Authorised Capital $50,000,000 | Issued & Fully Paid-Up 20,000,000 Resorve Funds: ---

Sterling

...£3,500,000

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

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

Head Office:-HONG KONG

Chairman.

Hon. Mr. J. J. Paterson,

AUSTRALIA AND CHINA Incorporated by Royal Charter, 1935

..HEAD OFFICE: LONDON:

38, Bishopsgate E.C.2.

Paid-up Capital. Reserve. Fund

£3.000.000 ......." 23.000.145

prietors....................... £3.000.000

| Recorvo Liablilty of Pro-

MANCHESTER BRANCH: 71, Mosley Street, Manchester.

AGENCIES, AND BRANCHES:

ALOR STAR ILOILO

1PX

Deputy Chairman, AMRITSAR

J. K. Bousfield, Esq," A. H. Compton. Eaq,

Hon. Mr. S. H. Dodwell,

J. R. Masson, Esq.,

BANGKOK

BATAVIA BOMBAY" CALCUTTA CANTON CAWNPURE CKSU COLOMBO DELFI

КОВБ KUALA

LUMPUR KUCHING

BAIGON.

SEMARANG

KARACHI " KLANG

BERISM MANO

IHANGHAI

SINGAPOR

BITIAWAN

50UTABAYA

TAIPING

19.

"

MADRAS

TIENTSIN

MAYILA

TONGKAR

MEDAN

(Bhuket)

Amer. & For. $7 pt.

181

181*

Libbey- Owens- Ford

Chief Manager.

KALPHONO

NEW YORK

TSINGTAO

Amer. Locomotive...

17

173

Glass

201

301

HAMBURG

PRIPING

YOKOJLAMA

Amer. Metals

311

324

Lockheed Aircraft

71 7%

Branches:-

Amer. Radiator

11

111

Loew's Inc.

431 432

Amoy Ipoh

Penang

813

Constructions. $11.

Amer. Rolling Mill... 177

171.

Lorillard

15}

152

Bangkok

Johore

Haagoon

33

Marsmans, 3710.

Amer. Smelting ......

451

401

McKesson & Robbins

Datavia

Kobe

Saigon

32/331

$1.40

1100

*J

BUYERS Cements, $17. Vibro Piling, $54,

Amer. Sugar Ring... 277 Amer. Tel. & Tel.... 137 Amer. Tobacco "B" 65

27 *

$3 pr....

'32

321

Bombay

Kowloon

Calcutta

1251

Martin, Olen L

18

18

Canton

66

Monsanto Chemical 834

Lumpur Shanghai

837

Chefoo

London

SALES

Amer. Waterworks...

81

Montgomery Ward...

301

321

Colombo

Lyons

$8.65

H.K. Banks, $1510.

Union Insuurance, $530.

$100

China Underwriters. $1.95/2.05. HK. & K. Wharves, $132)/33. H.K. & W. Docks. $33/33į.

Anaconda Copper ... Atchison, T. & S. Fe. Atlas Corpn. .......

30+

304

Nat. Bond Invest-

Dairen Malacca 1. Sungei

294

29

inent

133

127*

Foochow

Manila

Patani

7

Nat. Cash Register 151

154

Haiphong Muar

Swatow.

Auburn Motors...... Baltimore & Ohio....

37

32*

Nat. Dairy Products 131

137

Hamburg

(Johore) Tientsin

#1

61

Nat. Distillers...... 201

201

Hankow Mukden Tokyo

Harbin

$5.40

$9

Providents (Old), $3.45/521.

H. & S. Hotels. $83.

HK, Lands, $36.

B'more & Ohio. Pid..

72

8+

Nat. Power & Light si

B

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

151

151°

Nat. Supply Corpti. 194

19

Hoilo

Barnsdall Of

137

131

New York Central... 131

134

H.K. Tramways. $15.

Bethlehem Steel

551 $5

Nagara Hudson P

$14

H.K. Electrics, $581.

Boeing Airplane Co. 281

271

Corpn...

61

61

170

Dairy Farms $243/25.

Borden Co.

173

17

N. America Aviation

7

72

$24

Wallace Harpers. $8.

Borg-Warner

221 221

North Američa Co.

171

167

Current Accounts opened In Local Currency and Fixed Deposits received for one year or shorter periods in Local and other Cur-

(Peking) ZAMBOANGA

PRNANO

HONG KONG RANGOON

FOREIGN EXChange and General

Kuala Francisco Banking Business transacted.

Singapore Soarabaya

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- Income Tax New York Tsingtaocovery of British Hongker Peiping

overpaid, on terms which may be Yokohama

ascertained at any of the Agencies and Branches.

R. W. ROBERTS,

Manager:

HANKOW

HARBIN

+32

(Prices below in Phil, Currency}

Briggs M'facturing.. 20

Antamaks Pa... 52

Brooklyn-Manhattan

Atoks, 20

Trans.

$15

Baguio Gold, 20

Brooklyn-Manhattan

..

$10.60

Cement,"

$291

$28

$12

19.30

Chins Lights (old)...

14.10/3 0

(DOX)...)

$940

Do. Rt.

368)

3:07

H.K. Eléctrica .................. Macao do.

387

22/8

29/6.

Do.

$143.

Cald., Macg. (Ord)S}

3121

$1.50

Canton Icen

Co. ProE)S

31.80

$1갈 $37

84,95

Ropes

Miscellaneous “

$24.00

#it

241/25

Dairy Farms....

+11

$8.70

Ch. Etainments......

Do.

(how)

30Į

Lane Crawforda...

Nanyang Tobacco..

$2.50

Binceres............

$7.

Watson8tubech, 1

Budakan Lights... Telephones (old)... Do. (new)...

Tractions

(pref.)......

Industrial

92 6

.::

$17.30 $4.95

CD

D

$25 16.70

Constructions, (old)] się

CD

$8

130

17/6

Shal

S. C. Enterprises ....

60% CL.0.5% 1925G.2Bds. 6pH.E. Gort, 4% Loans

pm. 11%, Do.

Wallace Harper

HE Wing Co

1

Vibro Piling Maramany Irv. (Lon.)

60 ots W. Towelia

•Solen to Shanghai

LONDON EXCHANGE RATES

31%

70% $106 $101

Do.......

141 33

327 $10,38

50 $4 12.40 $6.90

Benguet Consol., 9.50

Coco Grove. .53

Consolidated Mines, .011

Demonstrations, .35

I.X.L...70

Paracale Gumaus, .201 Sah Mauricio, 494 Suyoc. Consol., .17 United Paracales, 41

THE EXCHANGE

MARKET

MESSRS. ROZA BROS. Silver prices dropped 1/8 yester- day for both deliveries, the quota- tions being 20 7/16 for Ready and 20 1/8 for Forward. Silver advices reported a little bear covering. Speculators sold. The market was steady. After the official fixing business was done at 1/16 over the fixed rate, American Silver was quoted at 44 3/4 for spot.

The London-New York cross- rate was quoted at 495.93. New York-London was quoted at 496.

Continental Can

Continental Ofl Corn Products Curtiss Wright (C.) Cartiss Wright "A" Delaware & Hudson Del. Lackawanna &

Western Deere Co.ope Distillers Corpn. Sea-

grams

Douglas Aircraft Du Pont

$8 cum. pt...

Case. JI

Canadian Pacific Celanese Corpn. ...... 132 Cerro de Pasco ....... 372

Chesapeake Corpa.... 35

Chesapeake & Ohio 203-

Chrysler Corpo. ...../.

Columbia Gas & El Columbia 6% "A" I. 711 Commercial Credit... 31

Commercial Solvents 71 Commonwealth & 8. Commonwealth & 6.

5% cum. pf. .......

Consolidated Edison 201

Consolidated Oil

Eagle Picher Lead Electric Boat

$5.40

1/8.

Elec. Bond & Share

MARKET

(H.K.)

Uncertain at the opening but Elec. Bond & Share 170 eta later eased off slightly.

STERLING

Shanghai

New York

Amsterdam

Vienna

(British Wireless Service)

March 19

Paris

161-7/16

March 21 182.11/18-

-Geneva

21.631

Berlin

12.38!

12.37

Athens

Milan

041

041

Copenhagen

Stockholm

19.414 1/12

4.95-13/16

1/2+ 4.36

8.98

8.971

Prague Helsingfors

1411.

141 11/16

Lisbon: .....

Hong Trong

1/2 13/18

Bombay

Montreal

4.983

4.981

Brussels

29,46

29,49

Yokohama

Belgrade

Monte Video

Bucharest

Ric

Silver (Forward)

$5 pr. Elec. Bond & Share

38 pl. Elec. Power & Light Elec. Power & Light

$7 pi.....

Gen. Electric

Gen. Foods...

Gen. Motors

Gen. Railway Signal 17)* Glidden Co.

were

Godchaux

Class "A" Goodrich (B.F.) ...... 15 Goodrich $5 pf. ...... 481*`

Goodyear Tire & Co.. 201

SHANGHAI MARKET

Great Northern Riy. 17. Great Western Sugar 27 Greyhound Corpn. 108 Hecker Products +

3/10

Bilver (Spot).

War Loan

ON LOTTON :--

Closing

March 22, 193

Telegraphic Transfor... 11/

Bank Bille, or demand) 13 16

201

20-9/18

Quotations

Credits, 4 months' sight 1/3-1/10 |

OB SHANGHAI:-

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

ON JAPAN:-

On Singaporn! -~-~-~-

On demand

On demand

ON INDIA:

ON NEW YORK-

20

20 7/18 -34% 1014.

Bank Bills, on demand 990 Credits, 4 months* right 1,06s

There were sellers early in the morning at 1/2 15/10 for March. Later some business was reported at 1/2 15/16 for March and 1/2 29/32 April. The market closed at 1 p.m. with sellers at 1/2 29/32 March-April and 1/2 7/8 May- June, buyers at 1/2 15/18 March- April and 1/2 29/32 June.

U.S. DOLLARS Opened with sellers at 30 15/16 Cash and 30 7/8 March-April. Towards lunch time there sellers at 30 13/16 March-April and 30 3/4 May-June, buyers at 30 7/8 March-May and 30 13/16 July. probably June.

SHANGHAI DOLLARS.

Nominal.

Nominal.

IN THE AFTERNOON The market in the afternoon was extremely quiet.

STERLING

The market closed with sellers at 1/2 29/32-March-April and 1/2 7/8 May-June, buyers at 1/2 15/16 March-May and 1/2.29/32 June.

U.S. DOLLARS

Sellers at 30 13/18 March-May and 30 3/4 June, buyers at 30 15/16 Cash-March and 30 7/8 April.

REICHSMARK QUOTATIONS Berlin, March 21, The Reichsmark was quoted, without guarantee, at:

Bank Bills, on demand 30% Credite, 60 days' sight 31f

ON BATAVIA

On demand

B5-5/16

ON PARIS-

1041

ON SLIGON:-.

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

New York, 40.15.

On demand

Paris, 13.10

CIA

Amsterdam, 72.75

On demand

1501

1/3

BAB SILVER, DEF DE

20-7/16

$213/16 ON MANILA:-

ON BANGKOK-

1053

Telegraphic Transfer... 84

Bank on demand d

·Sovereign Notes

Bank Buying Rats....

London,-12.38

Paris Sterling 181.63 to 162 Paris US Dollar 32895 to

32.400.--(Transocean);

Funtkote Freeport Sulphur Gen. America Trans Gen. Cigar

H.K. SHAREBROKERS

ASSOCIATION

BUYERS

Wharves, $132. Providents (Old), $3.45. Providents (New), $1,45. H.K. Docks, $33†.· Hotels, $0.70. Lands, $351.

Trams, $15.

Star Ferries, $841. China Lights (Old), $11.80. Electrics, $581. Canton Ices, $1.62). - Dairy Farms, $24.90. Constructions, $11. Ban Mauricio, 81 cts. Paracale Gumada, 93 cts.

SALES

Underwriters, $2.13)

Providents (Old), $3.4?)-3.50. Providenta (New), $1.45-47. HK. Docks, $331.).

· NO REVALUATION OF GOLD

THE CHASE BANK

Also up to date Safe Deposit 15, QUEEN'S ROAD CENTRAL

is conducted by the HONG KONG

& SHANGHAI BANKING COR-

PORATION Rules may be ob-j tained on application.

HEAD OFFICE:

18, PINE STREET,

NEW YORK.

An American Bark offering com. plete Foreign Banking Service in the principal Markets" of the world.

IF

Interest Rates on Application.

SAFE DEPOSIT BOXES

For the HONG KONG & SHANGHAI This Bank is entirely owned by

INDIA, LIMITED.

Head Office:-15, Gracechurch Streat, London, EC1

£3,000,000

The Bank of England and Midland

Bank. Ltd.

Galle Bongkang Howarh

BRANCHES:

Kaartan

Караніні Kata Hikar

New York

Penonz

Shanghai

ЕНЕ СНАЗ Б NATIONAL BANS, NEW YORK, with Resources over U.S. $2,500,000,000.

D. M. BIGGAR,

Manager.

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. in China and connections in the principal Commercial Centres of Sapport the World, we are able to extend to our Clients special facilities for Domestic and Foreign Banking and Exchange..

Hibila

Kuala Tresg=2x HONGKONG. BRANCH.

Every description of Ranking and Exebang

business tractad

Travellers' Cheques Imied, TRUSTEE ·ÂND EXECUTORSBIF

UNDERTAKEN,

CURRENT ACCOUNTS ppened la Local Cur rency and FIXED DEPOSITH molved in Loesl Currency, STERLING & V. 8, DOLLAR28 on farma that may be ascertained on appßration.

6. BENSON.

Head Office: SHANGHAI

Hongkong Branch:

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

KONGMOON SWATOW TOISHAN SHIUCHOW KINGCHOW

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

BANK OF EAST ASIA, LIMITED.

Authorised Capital ....$10,000,000.00 Paid-up Capital 6,598,600.00 and Abroad. Reserve and Undivided

Head Office:-HONG KONG

Board of Directors :--

SHOU J. CHEN

Manager.

THE YOKOHAMA SPECIE BANK

Li Koon Chun, Esq. Li Lan cong, Esq, Capital (fully paid up)

Wong YunTong, Esq. Kan Ying Po, Esq Reserve Fund.....Yen 135,900,000.00

Kan Tong Po, Raq,, Chief Mannger. Li The Fong, Esq. Manager.

Branches and Agencies:-

· Head Office:—YOKOHAMA

BRANCHES AND AGENCIES AT: Alexandria Honolulu Rangoon Bangkok Esinking Rio de Batavia

Kawtoon Pamany Bourabaya Berlin.

London

Manila

Malbourne Nagasaki

Rango

دولمة

Bwaterm

Bydowy

Bombay San Pie Talhoku Calcutta

drom "Tiental

New York" Bensii

Oska

Bemand

Honelait

Park

Priping gior

Shanghai

Karachi Kobe

· London

Canton Tokyo

Vancouver

Tokuhama

Janeiro Ban

Francisco

Los Angeles Seattle

Manila Semarang

Dairen Moji

Paris, March, 22. Rumours to the effect that the French Government intended to Amey revaluate the gold stock held by

Boubey the Bank of France in accordance | Orientia

Canto with the new rate of exchange of Halphong the French franc were denied yes-Hanow terday by the Ministry of Finance, [önbe

Although such 8 would put the French treasury in possession of several milliard and Exchange business transacted. Hamburg france, the Finance Ministry de- LORS clared that such a measure was not contemplated. (Transocean),

Underwriters, $2.12). Lands. -$35). Trama, $16.10.

Electrica, $59.

Cements, $17.40.

revaluation

Every description of Banking

(Dalny) Nagasaki Singapore

Shanghai

Fengtien

Nagoya

Soerabaya

(Mukden) New York Bydney

Osaka Otaru

Tientsin

Tokyo

Tsingtao

Tinkor

Current

опе

year or shorter Accounts. periods in Local and Foreign Cur

Deposits received

for

Fixed

securities.

granted

approved Hankow

Harbin Paria Current Accounts opened in Local Hong Kong Peking

Interest allowed on Currency and Fixed Deposits re- ceived for

rencies on terms which will be Periods at rates to be obtained

on application. quoted on application.

Y. KANO,...

Safe Deposit Boxes To Let.

KAN TONG, PO,

Manager

Chief Manager.

Hong Kong, 10th March, 1938.

||20

Northern Paclic

BJ

83

rencies on terms

which will be

Pacific Gas & Blec

254*.

254

quoted on application.

81

81

Pacific Lighting

35 *

35

Packard Motors ......

4

41

Boxes in various sizes To Let.

251

247

Paramount Pictures

71

8

Hong Kong, 26th Feb., 1938.

30 80

18

Paramount 1st, pf.

72

72 *

8

Pennsylvania R.E....

181

172

131

Phillips Petroleum

36

351

38

Public Service of N.3.

304

11

30"

HONG KONG SAVINGS BANK

341

Pure. Oll

11

102

281

Radio Corpn. of Am.

51

5%

The Business of the above Bank

50

403

Republic Steel

161

161

64

61

Reynold Tobac. "B" 374

381

714

Schenley

204 »

201

#

313

Schenley 54% pt. ...

20

79 *

Sears Roebuck

559

50+

BANKING CORPORATION.

14

11

Shell Union Oll

131

13+

Bocony-Vacuum

***

137

131

33 *

331"

Southern Cal Edison... 201

21

V. M. GRAYBURN,

Chief Manager.

20

Southern Pacine

134

13

Hong Kong, 26th Feb. 1938.

8

8

Southern Rly (com)

8

*** 72

401

401

Southern Rl "A"

13

43

201

201

Standard Brands .....

73

601

614

Stand Gas & Elec.

THE MERCANTILE BANK OF

41

41

Stand Gas & Elec.

31

31

161

161

$7 pt........

18

181

10

101

Standard Of of NJ.

47

47

Sterling Products

574

584

Authorised Capital

Shrertbed Capital.

52 22

Studebaker Corpn.

6

5.

Paid-up Capital

217

Swift International 23

231*

Beserve Fund and Rent"

210,000

£1,050,000

21,947,830

BANKERS:

Technicolor......

18}

182

12 131

Texas Corpn.........

39

391

401

391

Texas Gulf Bulphur. 301

30%

113 115..

-Tidewater Assoc. Oil 138

131

Bangkok

¿pol

Bombay

91

0+

8

B

64

BI

do. Union Carbide &

Transamerica (new) 10 20th Cent. Fox. Films 201 Films pi.

10

| Calontia

Kandy

201

Colombo

כיftuny

Delhi

27 *

261*

Kuala Liple

Kaula Lumpur

IF

43 *

43 *

Carbon

703

721

Union Pacific

67 671

50

81

48 *

United Aircraft

247

24+

United Airlines Trans 01

61

United Corpn.

24

21

33 *

35

United Согрп

$3

147. 28

・14

cum." pf.

27

273

254

United Gas Corpn.

34

38

361

37

Un. Gas I'provem't

91

9%

24 *

24

Un. Light & power

21

21

387

367

U.S. In'trial Alcohol 184

153

27 261

U.S. Rubber

31%

..30%

331 334

U.S. Rubber pr.

79

701

174

US Smelting

65

30

171

179

U.S. Steel

51

50%

Sugar

Vanadium

151

.16

Warner Bros. Pict....

42

4+

154

Westinghouse. Elec. 861

841

495

Woodward Iron Cor. 14

151

Profits

2,776,728.70

201

Youngstown

Sheet

174

& Tube

35

273 10 1 61

1 ex. div.

Chase National Bk. 30 * National City Bank 231" Call Money

1/ 1%

• bid

35 291" 231**

No. 10, Des Voeux Road, Central.

LIMITED

Sir Shouson Chow, Chairman

P. K. Kwok, Esq. WongChuson, Esq.

Yen 100,000,000.00

Chan Ching Shek. Fang Ping Wah,

Esq."

Exq

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