1934-06-21 — Page 6

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION.

Authored Capital

$50,000,000 20,000,000

£6,500,000

Total and Fully Paid-up somme

Franda-

Bring

Eternam Hasta $10,000,000

Barve Liability of Proprietor $20,000,000

READ OFFICE: BONGKONG,

BOARD OF DIRECTORS. Boa. Hr. C. a. 5. Mackie Chatman,

8. I. Dodwril, Esq.

Deputy ChairmBIL

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

Incorporated by Royal Charter, 1853.

Bangkok Falatia

HEAD OFFICE: LONDON

Paid-up Capital.

..£3,000,000

+

Reserve Fund

..£3,000,000

Reserve Liability of Pro

prietors

£3,000,000

Agencies and Branches:

Alor Star

alto

Rangoon

Amritar

Ipol

Balgon

Karach

Klang

Remarang Beremban

Hoo, Mr. W. A. Bell.

G. Sjinkin. Eng.

A. 11. Compton, Esq.

K. R. Morrison, Esq.

Bombay

Robe

Shanghal

Calcutta

Kunla

Garapore

W. 3. Kovich, Esc

Captoo

Lummer

Sillawas

C. G. Knight Bag.

Campora

Rocking

Surabaya

Cebu

Madra

Taiping

Colombe

Manda

Tlentin

Delhi

Medan

Tongkah

Явірhong

New York

(Bhuker)

Hamburg

Pelping

Talogtoo

Bankow

(Poking)

Tokohama

Penang

Yawwboanga

AMOT

BANGKOK BATAVIA BOMBAY

CALCUTTA

CANTON CHEFOO COLOMBO DAIBEN FOCHOW RAIPHONG

HAMBURG HANROW KARLIN

HONGFEW

ILOILO

ITOH

JOHOR

KORE

TOWLOON

7. E. Pearon, Eng.

7. M. Grayburn, Esq.

Chief Manager.

BRANCHES 100

LONDON LYONH

MALACCA

MANILA

UAB (Johor)

MUKDEN

NEW YORK

PEIPING

PENAKO

RANGOON SAIGON

SAN FRANCISCO

KIALA LURTUR

SHANGHAI

SINGAPORE

FODRA RAYA

SINGE PATARI

DENISIN

TOKYO

TSINGTAO

YOKOHAMA

Carreal Actoranti opened in Local Currency and Fixed Deports tied for Dee rear or sharter periods in Toral Compeny and Sterling en term whird will be quoted on application. Boca Bons, 1813 April, 10M.

HONG KONG SAVINGS BANK.

The Business of the abere Tank is rondeel. ed by the BOND KOSA AND BANGHAI BANKING CORPORATION. But may be obtained on application.

FOR THE HONG KONG AND EBANGBAI BANKING CORPORATION

V. M. GRAYBURN,

Chief Manager.

Hong Kong. Wh February, 2004.

THE BANK OF EAST ASIA, LTD.

Authorlat Paglial kerana

Paid-up Capital

Reserva and Undivided Perki.......

...@16,605,500.00)

$7,484,000.00

READ OFFICE HONG KONG

12. Der Your Rood Central.

BOARD OF DIRECTORS -

Bir Shower Chow, Chafernatu

15 Boon Chen, E. P. K. Kook, Fan Tun Torr. Fan.. Chan ring Shek, Pag.. Id Tan Bant. Kan.. Wang Cha Foo, Tag. and Ken Yine Po. Faq.

Paintin

Thema

Calraits

Kan Trine. Eng, Float Naonger.

The Tour. Eig, Manager.

BRANCHES AND AGENCIA :—

Kamarang

King

banghel

Ko Yeeh

A

11 iphon

Singapore Nowshaya Kanton

Sudoes

Talhaku

Tientrio

Təkyə

YANDTHETAT Splohama

Tarkow

Honolulu

Farla

Peploy Pomon

לכו

Rowinon

Londos

Tiangons

Saigon

Sa Franchis

Eware Apa form te traandied. Merilin

Current

keezgoda

of Manking and Eachanze

Harbin

Ko Kont

Foreign Exchange and General Barking balvee tracted.

Current Account opened and Fised Depoelia regrived for one year or shorter periodi ná vntnc which will be quoted on application.

W. H. E. THOMAS,

Acting Manager. Hong Kong, 20th February, 1934.

THE BANK OF CANTON, LTD.

Established 1912

Head Office: Hong Kong,

Authorised Capital

Paid-up Capital

Total Resources

$11,000,000

8,655,000 32,170,492

Branches: Canton, Tolahan, Shanghai, Hankow, Bangkok & San Francisco. London Bankers: Lloyds Bank, Lid.,

Foreign Exchange and Banking| business of every discription trans-

acted

Current Accounts opened and Fixed:

усат OF Deposits received for one shorter periods at rates which will be quoted on application.

Safe Deposit Boxes (various sizes) for hire.

LOOK POONG SEAN.

Chief Manager.

SAFETY FIRST!

To Safeguard Your Valuables and Jewelleries.

Deposit them in a Vault

that is really: FIRE PROOF BURGLAR-PROOF DAMP PROOF !

OUR SAFE DEPOSIT VAULT located on the Mezzanine Floor of Our

New building is Specially Con- structed to provide all of these Im- portant Qualities.

You may obtain a Safe Deposit Box in this most up-to-date Vault for your own use at very moderate Ren- tal

Inspection Cordially Invited. THE NATIONAL COMMERCIAL & SAVINGS BANK, LTD. Corner of Ice House Street and Des Voeux Road, Central,

THE

Boats granted an appro AMERICAN EXPRESS COMPANY,

ground and Fised upma sharter pendy ja Tawal and

In 1 al Cry

Foreign Currencies | Do lest we will be posted on application.

Safe Dereli Ruter To Yet.

SAN TOKO PO.

Hong Kong. al March, 104.

INC.

Head Office: 65, Broadway, New York

Chin Manager.

Capital Surplus Reserves..

THE BANK OF TAIWAN, LTD.

(TAIWAN GINKO)

HEAD OFFICE:--- Taipeh, Formosa Incorporated by Special Imperial

Charter, 1890.

Central Bank In Forms

BankNotes Bened Average amount.....Yen

45,000,000

Current

On and after August 15th, 1933, the rate of Interest on Special Deposit will be at 2% pa. on daily! balance and the rate for balance over $10,000 will be quoted on application. (Maximum rate—1%%}.

LONDON KINKERS:

Barclays Bank, Ltd., Lloyds Bank, Ind. Midland Book, fad, Wrathuster Bank, Ltd. The Bank has Correrodents in all the principal Commercial Cendars throughout the worlda

K. NAGURA.

SONO RONG BRANCH:

. Do Your Blood Central, Hong Kong, December 24, 1031

Muir,

THE YOKOHAMA SPECIE BANK

LIMITED.

Established 1880

Capital (fully paid-up) Yen,100,000,000 Reserva Fund........Yen.122,750,000

Head Office:—YOKORAMA

Branches and Agencies at: Alexandria

Batavia

Berlin

Bombay

Dairen (Dalny)

Nagasaki Nagoya New York

Osaka

Paris

Pelping Rangoon

Fengtien (Mukden) Rio de Janeiro

Hamburg

Tour Long

Honolulu Heinking Karachi

Kobo

San Francisco

Seattle

Singapore

THE CHINA MAIL THURSDAY, JUNE 21, 1934.

Commerce and Finance

LOCAL SHARES.

TO-DAY'S QUOTATIONS.

The following is the list of local share quotations issued to-day:

Banks,

H.K. Bank, $1845 b., $1850 ga. H.K. Bank (London), £130% n. Chartered Bank £164 n. Mercantile Bank, A. & B. 428 n. Mercantile Bank C. $15 n. Bank of East Asia, $91 n.

Am: O. Finance Corp., Sh. $20 n. China O. Fin. Ord., Sh. $4 n. China 0. Fin. Pref. Sh. $5 1.

Insurances.

Canton Ins., $500 a.

POSITION

UNCHANGED ON

WALL STREET

Business Drops To Low Ebb.

SILVER MARKET QUIET

NEW YORK STOCK EXCHANGE.

S. E. Levy And Co. And A.O.F.C. Quotations.

June 21.

The following quotations from New. York have been received by Mears. S. E. Levy and the American Oriental |Finance Corporation,

Last

Close Opening Noon N.Y./London 304%2 504

COTTON

New York, To-day. The New York stock market re- mained virtually unchanged yes Dec. terday. Business decreased, only CORN:-

Sept. 550,000 shares being traded.

Industrials and rails, were down

98.25 and 45.17. Dec.

Dec. SILK:-

瘟

ཡ

IMPORT TARIFF ON- CEMENT Canton Move Announced Yesterday.

TAX TO PROTECT HOME INDUSTRIES

[From Our Own Correspondent]

Canton, Yesterday.

SAVINGS SOCIETY IN CANTON

L'Epargne Franco Chinoise.

"RUN” NOW STOPPED ·

[From Our Own Correspondent] Canton. To-day. L'Epargne Franco-Chinoise is functioning to-day as a legitim- ate concern in the eyes of the A limitation of the imports of municipal authorities, as it has foreign cement into Canton is be- furnished certain cash securities 4550ing strictly enforced owing to the to carry on business as a savings danger of it not being suitable for society with a monthly drawing. construction purposes, the Pro- The Municipal Bureau of Finance Finance recently required all foreign savings vincial' Department of (announced yesterday.

societies to deposit funds before

Imported cement has to be cer- they can legally carry on business. A warning was issued to all depost- tifled as fit for building purposes. 39% The product may be admitted after tors to refrain from putting money 50% Customs duties and a surtax for in savings associations which have failed to comply with this require- the Sun Yat-sen University con-

Oct. Dec. SILVER: Sept Dec

1240 1237 1231 1252 1250 1242

4565 4594

4595

RUBBER

Sept Dec.

1378

1395

1416

1484

WHEAT

Sept.

954

9314

96%

94%

€10----

50%

122

42

20% 27 53% ---- 91% 01%

18

16b

32

31%

In their market report, Messrs. In Tel. & Tel

McIntyre White, Weld and Company through Montgomery W. their local correspondents, Mesars. Nat. Distiller

134

49/

28

774

26.4

20%

3144

16%

.

16%

Union Ins., $5771⁄2 b., $585 s...27 and 41 to

$580/79 58.

China Underwriters, $11⁄4 n. China Fire Ins., $510 n. H.K. Fire Ins., $250 n. International Assce, $6

Shipping.

Douglas, $40 n.

H.K. Steamboats, $9 n. Indo-Chinas (Pref.), $80 T Indo-Chinas (Def.), $33 n. Shell (Bearer), $51/8 n. Union Waterboats, $111⁄2 n.

Mining.

Antamoks, 69 cta. n. Balatoes, $331⁄2 ni Bagulo Gold, 86 cts. n. Benguets, 32

a.

Benguet Exploration, 20 cts. n. Benguet Goldfield, 20 cts. n. Big Wedge, 12 cta. n. Gold Creek, $31⁄2 D.

Ipo Mining, $4 n. Itogons, $7 n.

Kailan, 20/-n.

Langkats (Single) Sh. $18 n. S'hai Exploration, Sh. $5 n. S'hai Loans, $5% n.

Raubs, $14% n. Venx: Goldfield, $7 n.

Docks, etc.

H.K. Wharves, $108 b. H.K. Docks, $16 n.

S. China Motors A, $2 n.

S. China Motore B., $8 n. Providents (old), $1.75 sa. Providents (new), 75 cts, n. Hongkewa, (old) Sh. $305 a. Hongkews, (new) Sh. $300 n. New Engineerings, Sh. $5 n. Shanghai Docks, Sh. $131 n.

Cotton Mills,

Ewo Cottons, Sh. $11.40 b. S'hai Cottons (old), Sh. $72 n. S'hai Coltons (new), Sh. $42 n. Zoong Singe, Sh. $13 m. Wing On Textiles. Sh. $54 n.

Lands, Hotels, etc.

$6,000,000,00

H. and S. Hotels, $5.90 n.

2,087,112.69

1,995,528.31

BRANCHES:-

Melna City Bitm Nuplex

Palerme Rotterdam Itume Shanghal

Amsterdam AntWFT

Attr

Brale Berlin

Hoint?

Hines

Distancia

firts (ji HAVANA Starting Havir Hale Interlaken Jerusalim

dop Liverpool

Piranus Parip

Piping

Calculis

Lucerne

Coward Colabo

Lorand Lusor Copenhagen Murarile Dallin

dinburgh Vi firoma

Monte Carlo

Verifia

Matrox

Virnha Vaddre Yolishara Zurich

Jan

Southampto Ringapore Min Prevering

Branches of American Express Com- pany in Principal cities ef United: States of America and Canada.

All classes of Commercial Banking Transactions undertaken.

Personal investment accounts

handled.

The

Company offers to intending Travelers the use of its "Travelnes Cheques" and Letters of Credit and, jin addition, the world-wide services of ita thoroughly equipped Travel Do- partment.

Q.-H. DENSON,

General Manager.

THE MERCANTILE BANK OF INDIA, LTD.

..

HEAD OFFICE:

32. Godina Biel, London, B.CA.

....£3,000,000

Authorised Capital

Subscribed Capital Paid-up Capital ....

Reserve Fund & Rest

BANKERS!

1,900,000 1,050,000 4,247,482

The Bank of England à Midland Bank, Lid:

Ipoh

مالية

Kuspian (Fang) Búmle

BRANCHTEST.

Baurkak

Bembay

Xandy

Calcutta

Karaok

Colombo

Kota Bharu

Boerabaya Bydney

Daiki

Kuala Lipis

Now Tick Yenang Port Doula [Mauri Bangoon

Kuala Tamp

Mox

Intarset allowed

Tekro Tsingtan Yingkow

on Carant Áo.

London

Los Angele

Manila

Tientsin

Hownb

Singaporn!

HONG KONG BRANCH

"Brary Eripilon, of Banking and Kashange bad- |psos trapmainā,

Travel Chegrown intood.

Trustee and Executorships under- talker.

INTREEST allowed on

Qurrent Acomento- and

Deposits received for fixed yerinde rind goats at helse that may be ascertained at races to be obtained on application. on sepillos.

C. KISHINAMI,

Hong Kong, 11th April, 293427

- Manager. 7, Queen's Bond Central-

J... 106.

Hong Kong, 12th Jons, 1934.

II.K. Lande, $59 n. S'hai Lands, Sk. $25 n. Metropolitan Lands, Sh. $14 m. Humphreys, $11.10 n.

H.K. Renities, $5.30 b.

Asia Realties “A”, Sh. $140 n. Asla Realties "B", Sh. $20 m. Chinese Estates, $80 b. China Realtles, Sh. $15% n. China Debenture, Eh. $137 n.

Public Utilities.

H.K. Tramwaya, $21.15 b. Peak Trame (old), $15 n. Peak Trams (new), $7 n. Star Ferries, 6101 n.

Yaumati Ferries, $221% n. C. Ligrta (old) $8.85 sa. C. Lights (new), $81⁄4 b.

H.K. Electrica, $721⁄4b., $72.60sa. Macao Electrics, $25 n. Sandakan Lights, $8 n. Telephone (old) $24.70 n. Telephone (new),.$121⁄2 n. China Buses Sh. $13.20 1. S'pore Tractions, 5/-n. Singapore Pref. 16/10% n.

Industrials.

Malabon Sugars, $12 n. Cald: Macg, (ord), Sh. $21 a. Cald: Macg. (Prof.), Sh.$181⁄4n. Canton Ices, $2.70 n. Cements, $2.60 b. H.K. Hopes, $41⁄2 n.

Stores, etc. Dairy Farms, 261⁄2 n. Watsons, $64 n. Der. A. Wings, $1 n. Lane, Crawfords, $4,40 s. Mackintoshs, $21 n. Sinceres, $8.60 b. Wm. Powells, 70 cts. n. Wing On (H.K.) $100 n. -

Miscellaneous.

H

while utilities and bonds declined STOCK8:- 26 and 16 to 24.40 and 95.01. Amer. Smelting The commodity index was down Auburn

J. 1. Case Du Pont The silver market was quiet and El. Bond & Sh. General Motors there is no particular news.

.78 to 58.78.

119struction fund are paid. Thessment, and such companies are re-

41 restrictions are also intended

to quired to suspend business.

26% protect the Government cement

The first installment of the de-

59% manufactured by the Saichuen and posit paid in by the L'Epargne Franco-Chinolae lasia for a period 90% Honam cement works.

10%

of six months, and after that time

31 Meanwhile, the City Chamber of

a further sum may be required. 13% Commerce has signified its sup The "run" on this society has stop- 494-port of a special protection tax on ped, for during the past ten days 27% 2716 kinds of imported goods. Other depositors were asking for loans 30% commodities will be added later with their savings as security.

34

10 on. The Provincial Department of

Located at No. 80, The Bund, 18% Finance declares that native goods this French society is dealing most- 40% have to be protected from the 10-ly with Chinese depositors. It's

flux of foreign merchandise.

monthly drawing for the various Other Government offices are prizes will be held as usual. studying the special protection tax, The other savings company is the which will be approved in dua International Savings Society which course. It is learned that this ad- has its business address at No. 20A, ditional import tarif will be levied British Concession. Shameen. by a special bureau of the Provin has not yet complied with the ruling of the Municipal Bureau of Finance. London/New York-2 p.m. rate cial Department of Finance.

LOCAL DOLLAR DECLINES.

S. E. Levy and Company, state: N.Y. Central .

still "Stocks:-There is

very Socony Vac.

19%% 194 little news to influence the market Un. Aircraft

U.S. Steel

41% 41 in either direction. A large buy-Westinghouse 378 $7 order took high-grades to new high

London Prices. The following quotations from Lon- ground and we believe that de-

will con-don were received last night between mand from this source tinue. Second-grades were easier. the hours of 9 p.m. and 11 p.m.

Last Price "Cotton:-Prices are easier, al- London Silver Spot 19-13/16 Small though sentiment generally con-speculative buying. Quietly steady,

Forward 19-7/8. tinues bullish. The action of thoị

London Gold-137/9. market late this afternoon seems to 'indicate a reaction. It is in order, therefore, to suggest pur- chase in good reactions only.

"Rubber:-After an early frm- [ness, the market closed lower

news of a strike in a large Akron tire factory.

H.K. Amusements, $4 n. Entertainmenta, #71⁄2 n. 8.0. Enterprises, $13⁄41⁄2 n. United Theatres, Sh. $2 n. Macao "Greyhounds,” 2 n, Constructions (old) $1.65 b. Constructions (new) 70 eta, b,- Ch. Govt. 5% 1928 G Bonds

8744% *** HK Govt.· Loans,

prem. b.

Wallace Harpers, 38.1. Gold River, 28 m.

on

6.04.-3/4.

The new tax is purported to Liverpool Wheat-July-1 p.m. 4/8-protect home industries and to Liverpool Cotton-July-1 p.m. 6.46. London Rubber-July/Sept. Open-provide more funds for reconstruc- tion and military purposes in ac- ing 6-5/8 bayers, 0-3/4 sellers.

with the Three-Year London Silver-Spot 13-7/8 Small cordance speculative buying. Quietly steady. Plan. Its rate is about 20 per

Forward 19-15/16.

cent of the present import tariff.

London Gold-137/104.

London/New York-2 p.m. rate

"Wheat: Prices are lower on local selling and on atop-loss 5.04-3/16. orders, which caused a dip. Corn

Liverpool

is lower in sympathy with wheat." 4/8-1/4. -Reuter,

E. A. Pierce Co.'s Report Messrs. E. A. Pierce and Com-

Wheat-July--1

p.m.

Liverpool Cotton-July-1 p.m. 6.48. ing 6-5/8 buyers. 6-3/4 sellers.

EXCHANGES.

TO-DAY'S QUOTATIONS.

pany, through their local corres- in Canada and the North-West On London-

American Oriental caused liquidation and also curtail- pondents, the Finance Corporation, state:

ed support.

vir-

"Cotton: The market was reac-

"Stocks: The market was tually unchanged and there was no tionary, due to Southern selling and particular trend. With traders do-liquidation. The weekly weather!

7. T.....

On demand

1/5 1/5

4 months' sight... 1/5% Credits 4 montba'

sight

ing little business, everyone is more report is considered to be about On New York- For less at sea with regard to the suffecient to balance the weakness of immediate trend of the market. other markets, which caused dis- However, the majority of opinion couraged new buying. appears to feel that no particular "Silver: The market was quiet. material selloff need be anticipated Trading was large liquidation and On Parle- for the present.

transfer of July options. The com- "Wheat: Increased movement of plete Treasury regulations regard-} the crop in the South-West, hedging [ing the tax are not yet available."- in Liverpool, apathy in face of bad Reuter. European crop news and more rain

LATEST QUOTATIONS

New York, June 20,

The following quotations have been received by Messrs. S. E. Levy and Co., & the A.O.F.C.

New York Cotton:

July

October,

December

January

March

May (1935)

Spot

New York Silver:

1094

1/54

On demand

Credits 60 dayı'

sight

35%

37%

On demand

Credits 4 months'

sight

540

572

On India-

(Continued on Page 7.)

On T.T. and demand 94% On Shanghai-

On demand

|On Japan:—

On demand

119

On Manfla

On demand....

71-4

Or Singapore-

June 19. Closing

12.15/17

June 20, Opening Closing Changes 12.11/13 11.97/98 .19 down 12,40/40 12.37/37 12.24/25 .16 12.62/52 12.48/68 12.36/37 .15 12.68/69 12.55/55 12.42/42 .17 12.70/71 12,64/65 12.52/52 .19

12.62/02 12.81/81

.19 12.73/75

12.20 12.35

.15

On demand....

60%

On Batavia-

On demand

52%

On Salgon--

"

On demand

54

"

On Bangkok

**

On demand

130%

Borereigna bank buy-

"

ing rate

176%

45.85/35 45.20/30 45.30/30 .05 down 45.60/65 45,50/50 45.50/60 45.71/71

.09 unquoted 45.62/02 45.95/95 46.95/95 46.85/95

unchanged 46.07/07 unquoted 46.05/05 .02 down 46.51/31 unquoted

48.45/45

.14 up

.05

Bar Silver per oz.... 19% Bar Silver in Hong

Kong

πάτη.

#

Copper Cash

Dom.

58 contracta

-18.49/49

13.78 Bid

13.91/91

13.60/60 13.38/48 .01 down 13.92/92 13.75/75 .03 14.15 naked 18.88/88

"

.03

机

14.15/16

14.30/30

.02 14.12/14

"

January

14.80/30

14.43/43

14.24/24 .06

March

14.55/55

14.65/66

14.46/46 .09

"V

Total sales:--823 contracts

876 contracts

I

1.19 1.19% 1.21 1.21 1.21 1.22 1.214 1,22

79% 80%

July

Beptember

December

94%/94% 94%/84% 964/95% 94/94 064/98% 96%/98% Total sales:-22,628,000 bushels New York Sugar.

761⁄2

14 down 78% 70%. 1

921⁄44/92% 2% down 92%/92% 2% 93/98% 24 14,552,000 bushels --

|_ P

+4

July

1.61

September

1.08

December

1.78

1.49*** 1.70 1.80

60%/60% 601⁄44/00

/60

60%/60% 69789

.02 up ,02 # 02,

11⁄2"down

Tel. B0101 and 80108

July

September

October

December

January

March

Total sales:-120 contracts New York Rubber:

July

September

October

December

New York Slk:

July

September

October

December

Winnipeg Whoat:

July

October December

Chicago Wheat:

Chienge Gorns

September December

་

¡Copper Cents

1% prem

Rate of Native Interest 3% pa Chinese Sub, Coin. 81% Hong Kong Sub: Coln par.

Silver Prices Advance.

It

The local dollar has declined. opening on demand to-day at 1/5.

Both spot and forward silver prices advanced 1/16, closing yes- terday at 19% and 19 15/16, res- pectively.

The London on New York erosa- rate, which closed on Tuesday at US$5.04% closed yesterday at -U.S.$5.04%. The New York on London rate closed yesterday at £-U.S.$5.03%, as compared with £-U.S.$5.04% on Tuesday.

MR. CROUCHER WINS HIS CASE,

$81,188 Share Claim.

Judgment was given by the Chief Justice, Mr. A. D. A, MacGregor, at the Supreme Court this morning in la claim by Mr. N. A. V. Croucher, a local share-broker, for $81,188.93, money alleged to be due for shares transferred to the late Mr. Wo Hay Tong, former compradore of the shipping department of Messra. But- terfeld and Swire, and carried by the plaintiff.

The defendants in the claim were the executors of the estate of the late Mr. Woo, Mesars. S. T. Butlin AC- and H. R. Forsyth, chartered countants of Gloucester Building. They were represented by Mr. Eldon Potter, K.C., HF. F. C. Jen- |kin, K.C. and Mr. H. C. Macnamara, instructed by Messrs. Woo and Nash.

Mr. H. G. Sheldon appearci op bohalf of Mr. Croucher,

In granting judgment for the plalatiff for the amount claimed, with costs, the Chief Justice said. that he had found that the plain-" tiff had told a reasonable and honest story and had been consistent in his attitude throughout.

1.15 /115% .04 down 1.171⁄2/1.18%1⁄2.021⁄41⁄2 .. 1.18 /1.18.031⁄2 » 1.18 /1.183⁄41⁄2.083⁄41⁄2 ́»

S. E. Levy & Co.

UNDERWRITERS AND DISTRIBUTORS

SECURITIES AND COMMODITIES BOUGHT AND SOLD ON COMMISSION

DAILY NEW YORK STOCK AND COMMODITY SERVICE

Members;

NEW YORK COTTON EXCHANGE COMMODITY EXCHANGE, INC. CHICAGO BOARD OF TRADE CORRESPONDENTS FOR WHITE, WELD & CO., NEW YORK

·T ICE HOUSE STREET, HONG KONG

Tal. Address: Belco