1933-03-16 — Page 4

KONGLEW

KOWLOON

KUALA LUMPUR

BOURABAYA SENGER PATANI

TIERTAIN

Carmes Acount opened in Toval Currency and Fixed Deposits received for one or la la taral Currency and Perling wo area wilck will be quoted in applicnikom. Hong Kong, 25th February, 1933.

KLAKO

KUALA LUMPUR

Foreign Exchange and General of the World. Banking business transacted.

Current Accounts opened and Fix-1 ed Deposits received for one year or shorter periods at rates which will be quoted on application.

A. BREARLEY,

Manager. Hong Kong, 17th November, 1932.

Every description of Banking Exchange business transacted." Loans grated on approved securities.

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION.

Suikoriaed. Capital -

$36,000,000

Forsand and Fully Paid-up $9,000,000

Reserve Punda-

Brotting na Silvar

£1.800.000

.............. $18,000 rot

Beserve Llablilty of Proprietors -- $30,000,000

HEAD OFFICE: HONO KONG.

WARD OF DIRECTOER

T. E. Parca, Eng.

Chairman.

T. 1. 1 Shan, Kag.

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.-

Incorporated by Royal Charter, 1853.

Agencies and Branches:

ALOB STAB

Deputy ChairmaR,

AMRITSAR

W. U. BU, Eq.

klon, Mr. 3. 1. Paternon.

4. IL Campina, Tag.

EUCHING

BANGOAN

KAILUN

SEMARANG

NKLENBAN

THE BANK OF EAST ASIA, LTD.

Head Ofee: Hong Kong. No: 10, Des Voeux Road Central,

Established: 1918.

J. A. Met. Beg

Hon. Mr C,4,5, Mackie, 2. F. Warren, Reg.

BANGKOK BATAVIA FROM WAY CALCUTTA CANTON CHEPTO COLANDO

F. M. Grayburn, Exa.

Chist Manager.

BIANCO sum

MANILA

KAR [Jobs)

MUIDEN

NEW YORK

BANGKOK BATAVIA BON BAY CALCUTTA

CANTON

CAFNIORS

CEBU

DOLONDO

DELW RALPHONO BAK BORU

HANKOW

BARRIN

TLONG KONG

134311

MADLAR MAXILL

WEDAN

NEW YORK

PEIPINO (Pakingi

PERANU

MANGA

SINGAPORE

SITIAWAN

HOT RABATA

TAIPING

TENTAN

Canton

Kobe

Kowloon

Manila

A MOT

GAIREN

roochow

KAIPHONG

HAVBURD

BANKOW

BARDIN

ILVILA

JOHORR

ROBK

LONDON

LYONA

MALACOA

PLITING

PENANG

BAIGOK

BANGDOR

SAN FRANCISCO

SHANGHAI

SINGAPORS

THETO

THINGTAO

YUROBAMA

HOLO

KARACHI

LOOR

TOKOHAMA

ZAMBOANOLA

Scattle

Semarang Shanghai Singapore Sourabaya Swatow Sydney Taihoku

THE CHINA MAIL.

EXCHANGES.

and

Commerce

Finance

TO-DAY'S QUOTATIONS. ·

On demand

On Bangkok-

NEW YORK STOCK ·

EXCHANGE

A.O.F.C. Quotations.

New York, Yesterday. Dow Jones Averages.

Last To-day's Changes Aver. Aver.

62.10 8.26 up .24.76 29.19

THURSDAY, MARCH 16, 1933.

STEGER AND CO'S

AFFAIRS

Bankruptcy Court Examination.

MR. ARFAS LOSES HIS SAVINGS

Questions On Salary Payments

The public examination of Heinz Arfas

and Max Steger, partners in the firm of Steger and Co., import. ers, of 2, Connaught Road, was conducted before Mr. Justice Wood, in the Bank- ruptcy Court, this morning. Mr. E. L. Agassiz, the Official Receiver. first questioned Mr.

Messrs. E. A. Pierce & Co. Re- Heinz Arías. port: There is no precedent for measuring the market as the situa- left his last employment, where

Mr. Arfas stated that he had

LOCAL DOLLAR STEADY.

Silver Declinės As Pound Improves.

The local dollar has remained steady since yesterday, opening this morning at 1/3%.

Silver prices, both spot and for- ward, have declined 1, being quoted this morning at 17 9/16, and 17%, respectively.

Cross rate prices were this morn- ing G$3.46% and -G$3.45% for the Lendon on New York and New York on London rates, respec- tively,

compared with ↓ [G$3.43% and --G$3.45 yesterday,

tion is absolutely unique. In ad- he was a branch manager for HELPING SWEDISH dition to short covering there has his firm, because his firm was of reducing its staff. He was given

substantial amount

public buying to-day. While we $13,000 by his employers.

cannot expect the Hat to-morrow!

FARMERS.

Of Interest.

Stockholm.

The State Social Land Com- new

He came to Hong Kong with Government Loans Free to duplicate to-day's advance, we the intention of investing his expect strong support but small money. recessions, with a possibility off He made inquiries among his substantially higher prices within acquaintances as to the sound- a week, particularly pending theness of Steger and Co., and ke Washington Legislative measures, received replies that the firm mission has submitted a if they do not strike unexpected was well established. snaga. Business done: 3,070.000 In an interview, Mr. Steger form and forest workers, sons of plan to the Government to help shares.

told him that the firm was quite small farmers and tenants and Last To-day's sound and said that he wanted a other persons without means to Price Price

young partner to look after the acquire homes and farm land of 51% 601 business when he went home to their own.

Germany.

The commission proposes the Without examining the Com-creation of a special loan fund nany's books. Mr. Arfas invest for granting loans free of inter- nd $7,000 in Steger & Co. It est amounting to not over 4,000 was not until he had paid over kronor (£220) each. These loans the money that he was shown a are to be repaid by instalments Balance Sheet for 1929. 51% showed a small margin of profit, can be extended by 5 years, but This during a period of 30 years which Mr. Arfas was to receive 20 per no payments are to be made dur- 41cent. of the firm's profits.

HEAD OFFICE: LONDON.

Paid-up Capital

Reserve Fund

Authorised Capital |Paid-up Capital 8,000,000 Reserve and Undivided Profits £3,000,000

$10,000,000.00 5,508,000,00

2,312,000.00

Reserve Liability of

prietors

Pro-

On London-

£9.000.000

Branches and Agencies:-

T.T.

1/3%

On demand

1/34%

Amoy

Peiping

Balavis

Penang

4 months' sight

1/3

Bombay

Rangoon

Calcutta

Saigon

Credits sight

4 months'

1/4

San Francisco

On New York-

Haiphong

30 Industrials 53.84

On demand

221

20 Rails

Hankow

Honolulu

Credits 60 days'

20 Utilities

aight

23%-

10 Bonds

21.95 24.68

4.43 up

....73.21

75.34

2.63 up 1.03 up

On Paris-

London

On demand

570

Melbourne

Nagasaki

Tientsin

Credits aight

4

months'

610

New York

Tokyo

[On India-

TONGKAN (Rhukel:

SHINGTAG

Osaka Paris

Vancouver

T.T.

86%

Yokohama

been Д

On demand

86%

Correspondents in all principal cities

On Shanghai-

On demand

761⁄4

and On Kobe→→

On demand

1032

Safe Deposit Boxes To Let.

KAN TONG PO,

Chief Manager.

¡On Manila-

On demand On Singapore-

On demand

45

503%

On Batavia-

On demand

56

On Saigon-

67

142

Air Reduction

Allied Chemical & Dye 77%

87

1/43%

American Can

54

61

Bar silver per oz.

17 9/16

American Tel. & Tel.

00%

105

American Tob. "g""

554

Bar Silver in Hong

61%

Anaconda Copper Mining

5%

Kong Copper Cash Copper Cente

Norical

Auburn

3514

40%

Nominal

Borden Co.

20

23

19, prem.

Pacific

จม

Motors

$%

100%

Native In-

32% p.B.

dis.

Drug

Drugs, Inc.

324

36%

Du Pont

de Nemours 35%

Eastman Kodak

534

591⁄2

Electric Bond & Share

12

General Electric

197

16%

14

244

271

10%

13%

London, Yesterday.

Paris

87 9/16

Int. Harvester

Safely

14%

17

10%

23%

Int.

Harvester (Pref.)

New York

3.45%

Bg7

B54

85%

of $17.500.

Int. Tel. & Tel.

7

Montreal

4.132

Liggett & Myers "B"

63% GO

Brussela

24.642

Loew's Inc.

12

14*

jup a security of $50,000, out of!

Montgomery

Ward

Geneva

10%

.14

17.78

National Biscuit

36

39%

Amsterdam

8.54

Pacific Gas & Electric

compradore.

24

Milan

071%

Pennsylvania Railway

27%

15%

18%

Berlin

14.47%

Radio Corp.

4%

Stockholm

18.90

Sear

Roebuck

14%

201

27

Copenhagen

22 7/14

Sacony-Vacuum Carp

0

Osló

19

Vienna

31 Nominal

Union Carbide & Carbon 224 * Union Pazific

20

09%

Prague

United States Steel

20

32%

was heavily in debt.

116

Weetinghouse E. & M.

224

27%

Teak hatstands,

Chesterfield

Helsingfors

227

Couches

and Armchairs, Tenk dressing tables, Teak

Madrid

10 11/16

Wardrobe

Lisbon

110

Most of the firm's money had been] lost in exchange, which was favourable.

3121-

Athene

GOT

Bucharest

586

Belgrade

255

Rio

5% Nem.

Montevideo Buenos Aires Bombay

33 Nominal

Shanghai

Hong Kong

Yokohama.. South

40% Official 1/6 1/8 9/16 1/3% 1/3

Amay.

Femibow.

Singe

Consolidated Gas of N.Y. 48%

General Foods

General

General

Motors

Standard Oil Co. of NJ, 24

$50,000 Lost

ing the first five years after the granting of the loan.

The commission has investi-

Steger & Co. had two compradores| during the course of last year. One gated

the possibilities for ob

of them had been recommended by taining suitable farmland

and

Mr. Arfas and put up a security found that there is a sufficient

When he left the firm area available for the purpose.-

another compradore joined and put Reuter.

which $8,500 was paid to the first

This was done with-

out the knowledge of Mr. Arfas.

The $50,000 disappeared very soon) and after it was gone, Mr. Arfa ¡demanded explanation of the 7% firm's financial position from Mr.

ap

80% Steger, and found that the Company

BRITAIN TO TRAIN EGYPTIAN AIRMEN.

Practically Military Instruction.

HONG KONG SAVINGS BANK.

The school of sma abory Bani u otkuched 1 KONG LONG AND BRANOBAT BANK LG OPORATION. Buy may be shoulant

mygbaakson.

FOR SEX HONDRONG AND INABORA! #FIKS 00RPORATIOR.

▼, M. GRATBURN,

Call Manager

Hong Kong, 25th February, 1933.

OVERSEA-CHINESE BANKING. CORPORATION, LTD.

(Incorporated in the Straits Settlement) SUCCESSORS TO

The Ho Hong Bank, Ltd.

The Chinese Commercial Bank, Ltd; The Oversea-Chinese Bank, Ltd.

Head Office:---Singapore.

Hong Kong Branch:-13, Queen's Rd. C.

Authorised Capital:-

Straits $40,000,000,00.

Paid-up Capital:--

Straits $10,000,000.00. Branches and Agencies in the princi- eipul cities of the world.

Every description of Banking and Exchange business transacted.

Chua Keh Hai

Manager.

THE BANK OF TAIWAN, LTD. PUBLIC AUCTIONS.

(TAIWAN GINKO.)

HEAD OFFICE:-Taipeh, Formosa.

Incorporated by Special Imperial

Charter, 1893.

Central Ban) in Fornsona

Flank Note lasued Average stmount

BRANCHES AND AGENCIES JAPAN-Tokyo, Tokokama Kobe, Onaka.

PORNOKA-tran K

Karenko, Kaalung.

On demand

Tinstructiosigned havo recolved Sovereigns Bank buy-

Auction

ON

Saturday, the 18th, March 1933. at 12 o'clock noon.

at their Sales Room,

4. Duddell Street.

Makong hento. Raichibu, Tanks, InFIVE BLACK SPANIEL PUPPIES.

Takso, Tamui, Torn, Beta, Sala CHINA :-8banghai, Bankaw,

bestow, Canlow.

OTHERS:201

Bingapor Kong

Ilya Kemarengas, Booty, London, New York, Lhartu.

LORDON BANKERY Barclays Bank Ltd., Liny de Hank, L16, Midland flank. Ltd., Westminster Bank, Ind.

The Beuh bae Correspondenta in all the principal Comteromal Centres throughout the world. K. NADINA.

HONG KONG MANCH

1. De Vaur Road Central. Hong Kong. Dombat 94, 198

NEDERLANDSCHE HANDEL- MAATSCHAPPIJ, N.V.

KETBEBLANDS TRADING SOCIETY,

BANIEHS

Kasabiabad 1624

Long Long Ufice :--11, Queen's Bond Central.

Authorized Capital Paid-Up Capits! Reserves

THE BANK OF CANTON, LTD.:

Established 1912.

Head Office:-Hong Kong.

kuskoriand Engikat (1.5. Curr#DCJ‡ $11,000,QUQ Paed-Up Capital .......................

562,000 Bomers Fund

BRANCHES ~*

Canton, blaugh, Bankov, Hangkok,

Francisco.

LONDON BANKERS :—

"The Lloyd's Išank, Lumilać,

CORRESPONDENTS

In all princé, al cities of a

World.

Foreign Exchanogu and banking below

wry demariplom transarted,

On View from day of sale Terms: Cash on Delivery.

LAMMERT BROS.

Auctioneers Hong Kong, March 16, 1933.

TH

THE Undersigned have received instructions to sell by Public

Auction

ON Monday the 20th March 1933 commencing at 2.30 p.m.

at their Sales Room,

4, Duddell Street.

A Quantity of

VALUABLE HOUSEHOLD

FURNITURE

Comprising:

iwith bevelled mirror doors, Teak)

f. 160,000,000 chest of drawers, Sideboards, Of f. 90,030,000 fice Desks, Chuirs, etc. .f. 20,016,000

Local).

Teak and brass bedsteads, Curio Head Of - AMSTEDJAM*

cabinets, Card tables, Pictures, Cur- Bastern Used (Mos: --BATAVIA. itains, Carpets, Rugs, Crockery, Glass -Bearzerzumel. 23, Bardosur

ware, Cutlery, Tea acts, Chain, Djecia, to Glasses, Dinner Crockery, etc., etc. jakarta", I'loe Kagua* Vid Makmur,

Gramophones, Records, Medan, Palintaang, Faku

Cabin Rollarda trucks, Jougao, Prokog, Rangvan.

Vases, Brass ornament, berarang". tkanghai, Minguporn, zoor- lmə, burakar's (Holo). Tied Tillyjen Teak tea-poys, Screens, Deck chairs, and Walletrodan".

Table lamps, Filter, Baby Pram.. Baby cot Gas stove, Ice chests, Electric table fans, Linen, Lampi shades, Mosquito nets, etc., etc.

• The ones have Eals Depot Bosen to int

LONDON BANKERS.~~

NATIONAL PROTISCAL 14 NË LID.

Centrumpiadaczia, all over the world. Hacking Busi | Rods of arany descripians transarted.

A. STOKK, SK.

Hong Kong, 21st June, 1932

of

Safe Deposit Boxme (various alsos) at a yearly rectal of train $10 $10.

LOOK POONG SEAN,

Chief Manager.

THE YOKOHAMA SPECIE BANK, LIMITED.

Established 1889.

Capital (fully paid-up) Yer 100,000,000 Reserve Fund ... . . . . . . Yen. 119,750,000]

THE

AMERICAN EXPRESS COMPANY,

INC.

Read Office:-65, Broadway. New York.

Capital .........U.S.$6,000,000.00 Surplus ...U.S.$1,882-832.01 keserves

..U.S.$1,469,116.78

Palerme Botterdam Bara

Altiftardawe

BRANCHES

Gabon

Nom

Legor

Bavalia

Boule

Head Ofce:-YOKOHAMA,

Bartke

Hamburg Have

Naple Fire Paris

Penang

Blartie

Branches and Agencies at:

Bombay

Birthda

Alexandria

Nagind

Batavia

Nagoya

Barlin

Bombay

Calcutta

Newchwang New York Oanks

Interlaken Jerusalem Lido London Liverpool LATE Expan Talkin

Palpi

Mouse Carle

Canton

Faria

Manlia

Dairen (Dalny)

Felping

Monro

Millen

Fangtian (Mukdeni Rangoon

Hamburg

Kankow

Barbin

Bong

Kong Honolulu Hainking Gal-Yuec Karachi

Kobe

London

Gon Angelen

Rio de Janeiro

San Franciscu

Seattle

Semarang

Shanghal Shimunovoki Singapore Boerabaya

Brumala Burner Alrus Cair

Calcite Ghaped Oslose be Саравваров Linborgh narsson

السمحة مال

Bhaaghal Bousespo Bingspor Bi. Morlin Then sala

Vienna

Takokaas

Branches of American Express Com- pany in Principal cition States of America and Canada.

also

A Quantity of Blackwood ware

And

1 Pianola by STECK

F

Collage Piano by S. Moutric

& Co., Ltd.

On View from Saturday the 18th. March 1933. Terms: Cash on Delivery..

LAMMERT BROS.,

Auctioneers. Hong Kong, March 16, 1933.

Auction

ON

Wednesday the 22nd. March 1933 commencing at 10.30 a.m.,

at No. 94 A, Nathan Road, Kowloon.

A Quantity of

VALUABLE HOUSEHOLD

FURNITURE.

On View from 21st. March 1933.

Terms: Cash on Delivery.

ing rate

Rate of

Lerest

Chinese Sub. Coln... 29% Hong Kong Suk. Coin par.

LONDON EXCHANGES.

Africa pound £99- £100% per £100 #berling. Silver Spot ....... 17 9/16 Silver Forward

175% War Loan 32% 99% (7)

British Wireless Service,

ROCKEFELLERS AS SHOWMEN.

Vast Theatrical Interests.

*ex dividend,

SATISFACTORY EARNINGS.

Manufacturers' Life Insurance.

GOOD RECORD OF SOUTH CHINA BRANCH.

Mr. Arfas then went to the Hong!

Cairo.

The Ministry of War has decided

Kong and Shanghai Bank and tried that certain picked officers of the to borrow money to pay the most Egyptian Army are to be sent to Dressing debts. The sum necessary, England for a course of training in was between $60,000 and $70,000 military aviation.

Compradore's Debt.

A senior officer of the Royal Air

In reply to Mr. Agassiz, who ask-Force is to give a series of lectures ed whether the compradore's $50,-on the theoretical side of war fly- 000 was considered a pressing debt ing to such officers as are eligible. Mr. Arfas replied that the debts in Then he will set them an examina- question concerned goods which had Lion.

been paid for by dealers and which The two candidates who score most marks will be sent to England for practical instruction.--Reuter.

The South China branch of the had not been delivered. Manufacturers Life Insurance Co.i

The Hong Kong and Shanghai

was third, last year, in the list of, Bank informed Mr. Arfas that it was branches all over the world. The rather hard to do business as his carnings of the Company continue firm was doing it and refused to ad- to be satisfactory.

vance any money.

The Chartered Bank also refused)

CHARTERED BANK DIVIDEND OF 14 PER CENT.

The Forty-Sixth Annual Report] of the Manufacturers Life In- a loon. surance Company for the year! Mr. Arfas said that the firm must ending December 31, 1932, sub- have been insolvent before he join A final dividend at the rate of mitted to Policyholders and Share- ed it, but he did not know this until 14 per cent. per annum, subject to holders at the Annual Meeting November last year.

income tax, will be recommended by shows a year of armed activity. In reply to Mr. Agassiz he stated the Directors of the Chartered The intentions of the Rockefeller The total Assets amounted to that he had lost all his savings, Bank of India, Australia and China family are arousing lively curiosity $117,786,626. of this amount! He had filed a private petition in 'at the forthcoming annual meeting in the American show business. Government, Government Guaran- bankruptcy last December which of shareholders at the Head Office

The Rockefellers are the chief teed, Municipal, Public Utility and was dismissed.

in London. Tinstructions to sell by Public bureholders ist the Radio City, the other bonds comprised. $47,028,023; gainat Stegter & Co, was issued on carried forward.

have received,hareholders in

An interim receiving order The sum of £183,889,16,4d. will be

New York, which embraces in aEstate amounted to $32,960,503, December 10, 1932, and the Arm block on Sixth Avenue a huge pic-Investments in Preferred and Com-, closed down. ture theatre, a vaudeville theatro mon Stocks amounted to $2,317,362. Mr. Steger Examined. and a broadcasting centre. They All securities have been conserva-į Max Steger on being examined ter of salaries, are also the largest shareholders in tively valued, being held in the stated that he had formed the firm! In a Balance Sheet for the years the Chase National Bank, which Balance Sheet at a value substan- of Steger & Co. in 1927.

1928 and 1829, which was handed [controls Fox Filma.

tially less than that authorized by He had invested $10,000 in the to Mr. Hall of the National City In addition the Rockefellers own the Dominion Department of In- firm. $30,000 was invested by Tam Bank of New York, the salaries huge blocks of shares in the R.K.O.jsurance. New Investments made Shut Yau, and $10,000 by a man amounting to $21,600 had been Company and Radio Corporation of during the year were confined to named Leung Nam Koo. The lat. placed to the credit of the firm un- America, and this supports per-Government and high-grade Munt-ler's name did not appear in the der Sundry Creditors, Hong Kong. alstert rumours that the Fox Com-jcipal bonds.

partnership agreement. Another Mr. Steger stated that the money pany and R.K.O. may combine.

The New Insurance amounted to person also invested money through was owed to the firm by the part- Altogether the Rockefellers' in- $52,445,855, The total Insurance Tam Shut You which made the ca- Ders and was therefore an asset. tarcate in moving pictures alone in Force amounted to $526,253,121. pital of the Company $60,000..

In the Company's books the sa- THE Undersigned have received are stated by "Variety" to be twice Payments to Policyholders and The declared capital of the Com. aries appeared under Imports.

instructions to sell by Public as large as those of any other Beneficiaries surpassed all pre-pany was $120,000, the balance of Hong Kong.

group.

vious years and amounted to which was made up of money loan. ON

Mr. Agassiz stated that, It is believed that the youngest $18,288,741, an increase of nearly ed by persons in Haiphong who did without wishing to use strong Wednesday the 22nd. March 1933 Mr. John D. Rockefeller, grandson Four 'Million Dollars over 1981. not wish their names to be con. language, this appeared very

commencing at 2.30 p.m., of the multi-millionaire, will take Payments to Living Policyholders nected with the firm.

like fraudulent practice. charge of the family's theatrical for Matured Policies, Annuities, Mr. Steger stated that he drew a fortunes. But it in pointed out Dividends,

etc amounted to salary of $600 and Tam drew $800. 'ment of the books was in the bands that active and-open direction of $13,381,045, while Beneficiaries Mr. Agassiz questioned this is? · of the accountant and that he, him- the various companies will be stunder

self, only sanctioned matters when tended by certain embarrassments, $4,007,696.

amounted to $2,840,574.

brought to his notice. He admit- The earnings of the Company Mr. E. J. E. Mitchell fa the ted that the arrangement of the certain religious organisations op continued to be satisfactory. In Branch Manager of Routh China for books was wrong and in reply to posed to Sunday amusements. In addition to maintaining's Reserve the Manufacturers Life Insurance His Honour stated that the the circumstances, Mr. Rothafel for Dividends to Policyholders of Co., and all inquiries will be given would not have done again. will continue to direct on their $5,682,528 and 2 Contingency bis careful personal

The case was behalf.

Reserve of $750,000, the surplus without obligation.

this afternoon.

T

LAMMERT BROS.,

Auctioneers, Hong Kong, March 16, 1939,

of United Auction

All star of Commercial Banking Transactiona undertaken.

Personal

►

handled,

investment

ROCOVALI

at No. 8, Branksome Towers,

May Road.

A Quantity of

VALUABLE HOUSEHOLD

FURNITURE,

Sydney Tientaln Takyo Manila

Txingto

The Company offers to intending | Interest allowed on Current Ac-Travelers the use of its ("Traveler":

Cheques") and Letters of Credit and, On View from Tuesday the 21st since the family are at the head of Deposita received for fixed periode in addition, the world-wide services et ratas to be obtained on application, of Ita thoroughly equipped Travel Da-

partment.

SPILDER.

H. MORL

Hong Kong, 11th March, 1938,"

E. W. DUGGAN,

Menager

March 1938 Terms: Cash on Delivery.

LAMMERT BROS.,

Auctioneers Hong Kong, March 18, 1983.

Death Claims received

attentich

Mr. Steger said that the arrange-

ARM.C

adjourned until