1934-06-22 — Page 6

China Mail 德臣西報 中國郵報 All

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION.

Authorland Capital megmosomes $00,000,000 Issued and Fully Paid-up

Basers Funds:

Bang

Bilte

£6.500,009 $10,000,000

THE CHARTERED BANK OF

· INDIA, AUSTRALIA & CHINA.

c00,000 Incorporated by Royal Charter, 1853.

Rmarre Liability of Proprietors $20,000,000

HEAD OFFICE: HONGKONG.

BOARD OF DIRECTORS. lion. Mr. C. G. 8. Meclis Chaines

B. I. Dodwell, Bag.

Deputy Chairs.

HEAD OFFICE: LONDON

Reserve Liability of Pro-

Reparang

Paid-up Capital. Reserve Fund

.£8,000,000 ***** £3,000,000 |

prietors

£3,000,000

Agencies and Branches:

Afor Fam

Neilo

ATHL

3pok

Rangoon Falzon

Bangiok

Karachi

0. Midlo, Esq.

Televis

Xiang

7. E. Pearce, Esq.

R. 8. Morrison, Esq.

Berbay

Cafculta

ab Kul

Shanghai

Fingers

Centon Cawnpore

Lumpur

Fitlan

Kuching

Foursbars

V. M. Grybamh, Esq.

Caba Colombe

Mad

Talping

Mattila

Tenisin

Duthi

Nedar

Tongkah

Haiphoos

New York

(Bhukez)

Hamburg

Prining

Pringles

Rankow

Pking

Tokohama

Zamboanes

E.Kr. W. H. Deli,

3. FL. Compton

W. J. Frick, EM

C. O. Knight, Raq.

AMOT

DANGKOK

BATAVIA BOMBAY

CALCUTTA

CANTON

CHEFOO COLANDO

DAIREN

FOOSBOW HAIMIONO

HARBURG HANDW FARBEN HONGNEW

IFANLO

SOROLE

XORE

KOVIDON

Chirl Manager.

BRANCHE

LONDON

LYONS

MALACCA

MANILA

MAR (Johor)

MURDEN

NEW YORK

TEIPING

PENANG

RANGOON

SAN FRANCISCO

SABON

KIJALA LUMPUR

SHANGHAI

SINGAPORE

1OURARATA

TIENTSIN

SUNGEI PATANI

TOEVO

TAINATAO YOKOHAMA

Current Acconta opened in Local Currency

and First Deposita revived for and seeing shorter perioda in Local Company on terins which will be quoted on application, Hong Kong, 18th April, 19:4.

HONG KONG SAVINGS BANK.

The is of the abst Bank te rondart-

ed by the 10NG KONG AND SHAROHAT BANKING CORPORATION. Buler may be ahtis on applesflon.

FOR THE BONG KORD AND FRANOMAI BANKING CORPORATION

V. M. ORATEURN,

Chief Manigor.

Hang, 20 February, 1984.

THE BANK OF EAST ASIA, LTD.

Autodied Capa!

Paid-up Chelt

Reave and Badivided Profils

BEAD OFFICE HONG KOSO

12. Den Vans Road Central.

ROID OF DIRECTORS :—

Ele Sheen Chow, Chalema?,,

2,84,000.00

LA Fron Chun, Eq.. . . Kwak, Tan.. Want Ten Tang. E., Chan Ching Chri. Eng.. T. T Hang. Fo.. Wang Chin Son, Eq. and Ken Sing Po, 14.

AMAT

Kan Tan P. Taq.. Chief Manager.

1 The Face. Pay', Mannger,

Rainul Bombay Carulli Canten 17pbour Tanhou Honolul

Kolga London

BRANCTIFS AND AGENCIES

Manila

Merson

Vagnaali

Yove York Tinka

Parte

Priming

THENTIF

Пать ругаем Balg

Sau Ence

Every drin Bulmer Fu

mecuritie.

Curm Acrainte

Sent-la

STRUK

Shanghal Singapore Mthimya

AMATOR

+ขาโรงร

Tabloky

Tieniein

Tako

Vancouver Yokohama

Busking and Exchange Izen granted an approend

Currency

WAT OF

Ind nged in and Find Triguntes mated for nur whore in st and Foreign Currencies: on witch with le meztel en apgadhation,

Sala Drut Bars To Get

FAN TOSH Pa,

Chiel Manager.

Hong Hong, at March, 10M

THE BANK OF TAIWAN, LTD. (TAIWAN GINKO)

HEAD OFFICE:- Talpek, Formonn Incorporated by Special Imperial

Bak-Koles

Charter, 1890.

Central Dash in Formou

and Average amaunt...Yen. 45,000,000 On and after August 15th, 1933, the Current rate of Interest on Special

Deposit will be at 24 p.a. on daily balance and the rate for balance over $10,000 will be quoted on appllent in.) (Maximum rato-1%).

LONDON BANKING

Barclays Bank, Ind., Llojd Bank. Lid Midland Bank, Lad., Westminster Horik, 3.tel.

The Bank has Commaprodents in all the principal Cansevie! Centres drought the #zoli.

BONG KONG BRANCH:

DeVoix Boat Coptral. Boog Kang, December 21, 1901.

E. NAGURA.

Vanaper.

Harbin

Карагобел

Foreign Exchange and General Banking business transected.

Current Accounis opened and Fixed Deposita Terived for one year or shorter periodi di minn | which will be quoted ces applimalam.

W. IL E THOMAS,

Acting Manager. Hong Kong, 20th February, 1984.

THE CHINA MAIL, FRIDAY, JUNE 22, 1934.

and

Commerce

Finance.

LOCAL SHARES.

TO-DAY'S QUOTATIONS.

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

Banks.

+

H.K. Bank, 1840 b, $1845 64

$1850 sa.

NEW YORK STOCK

EXCHANGE.

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

New York, June 21. The following quotations from New H.K. Bank (London), £131 n.

York have been received by Messrs. Chartered Bank £163⁄41⁄4 1. Mercantile Bank, A. & B. 623 D. Finance Corporation.

S. E. Levy and the American Oriental

Mercantile Bank C, 415 n. Bank of East Asia, $91 n.

Am: 0. Finance Corp., Sh. 120 n. China O. Fin. Ord., Sh. $4 m. China O. Fin. Pref. Sh. $5 m.

Insurances.

THE BANK OF CANTON, LTD. International Assce. 16 n.

Established 1912,

Head Office:-Hong Kong,

Authorised Capital

Paid-up Capital

$11,000,000 8,855,000 Total Resources ....

32,170,492 Branches: Canton, Tolshan, Shanghai, Hankow, Bangkok & San Francisco. London Bankers: Lloyds Bank, Ltd.,

Foreign Exchange and Banking business of every discription trans- acted.

Current Accounts opened and Fixed Deposits received for one year or shorter periods at rates which will be

quoted on application.

Safe Deposit Boxes (various alrez) ¡for hire.

ZOOK POORG BIAN,

Chief Mar.

SAFETY FIRST!

To Safeguard Your Valuables and Jewelleries. Deposit them in a Vault that is really: FIREPROOF 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.

Deposit

You may obtain a Safe Bex in this most up-to-date Vault (or your own use at a very moderate Ren- Lal.

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

THE

AMERICAN EXPRESS COMPANY,

INC.

Head Office:-65, Broadway, New York

Capital

Surplue

Reserves

$6,000,000,00 2,087,112.60 1,095,628.31

BRANCHES:-

fimon

1} |PATT Han Hunting

Ai

Velen C#5

Naples Perseus

Amaiordan Antwerp After Asan

Paris

1

Tale Bertho Hombay

Neody

Cuteu

Brid-Rang

Jesen's

Три

Ping

#ren

estegatta

Cara

مراCulom

Copenhage

Ligant

Innor

Hnitseda Home Shanghai Southamptes Hingapore Tientsin

I'normina

Mainetes

44 Flugk Flore Gow

Monte Carlo

Virona

Manila

Varios

Munib

Montreuk

Inkohama Zurich

Mtian

Branches of American Express Com pany in Principal cities of United States of America and Canada,

'All classes of Commercial Banking

THE YOKOHAMA SPECIE BANK Transactions undertaken.

LIMITED.

Established 1880.

Persona I investment accounts handled,

The

Company offers to intending Capital (fully paid-up) Yen.100,000,000 Travelers the use of its "Travelers Reserve Fund ........Yen.122,750,000 Cheques" and Letters of Credit and. in addition, the world-wide services of its thoroughly equipped Travel Da- partment.

Head Office:-YOKOHAMA

Branches and Agencies at: Alexandria Batavia

Berlin

Bombay

Walcuits

Cantos

Dairen (Dainy) Fengilen (Mukdes)

Hamburg Hankow

Brbin

Hong Honolulu

Karachi

Kong

Helakier

Kobe London

Los Angeles

Manila

Moy

Nagasaki Nagoya New York Graka

Peiping Rangoon

R

de Janeiro San-Francisco

Seattle

Semarang Shangha! Singapore Borrabaya

ntain

C. H. BENSON,

General Manager.

Shipping.

Last Close Opening Noon 5037% БОЗ

508%

DULL TRADING

CONTINUES ON

WALL STREET

Further Weakness In Prices.

SILVER MARKET' STEADY

New York, To-day.

A slight downward trend con-

ness dull. The silver market re- mains quiet, but steady,

LOCAL DOLLAR STEADY.

Silver Prices Advance.

un-

The loacl dollar remains changed, opening on demand this morning at 1/5.

Spot and forward silver prices have advanced 1/16, closing prices yesterday being 19 15/16 and 20, respectively.

NEW ADVERTISEMENTS

R.

NOTICE.

WATER SUPPLY.

The London on New York cross TT IS HEREBY NOTIFIED that

tinues on Wall Street, with busi-rate, which closed on Wednesday commencing on SATURDAY, ļat &~~U.S.$5.04%, closed yesterday 23rd. June, a CONSTANT SUPPLY at £--U.S.$5.08%, while the New will be given to all districts on the

R. M. HENDERSON,

Water Authority. Public Works Department, Hong Kong, 22nd June, 1934.

Industrials and rails yesterday York on London rate closed at £-island. declined .75, and .49 to 97.50 and U.S.55.03%, as compared with -- 44.68, respectively, while utilities US$5.034 on Wednesday.

and bonds were down 35 and 07

to 24.05

and 94.94, respectively.

The commodity index dropped .66 Finance Corporation, state: to 56.12.

"Stocks: The market is still heavy Only 530,000 shares were traded. In a minor way with no new factors In their market report, Messrs. from the technical standpoint. The White, Weld and Company, though action of the List would indicate their local correspondents, Messrs. some further down trend. IS, E. Levy and Company, atate:

of

91% The smallness of the volume of Winnipeg market was relatively TN View, of the Occurrence 92% business negotiated lacks imme- firm, being impressed by steady Fresh Cases of Rabies among Dogs in the Colony, the Public are "Cotton: Despite lower Liverpool strongly advised:

N.Y./London" COTTON: Oct. Déc.

1225 1227 1237 1238

Canton Ins., $800 n.

SILVER Sept.

4500

1205 1237

4585

G

Union Ine.. $565 b, 575 8. China Underwriters, $11⁄4 ¤, China Fire Ins., $510 m. H.K Fire Ind., $250 n.

Dec.

4595

4600

1

RUBBER

"Wheat: Renewed liquidation was

Sept.

Dec.

WHEAT Sept.

1375 1888. 1414 14298

1374

1409

"Stocks:-The market continues induced by large crop movementa in: to show a slight downward trend. the South-West and hedging. The

NOTICE.

Dec

$2 03%

CORN-

Douglas, $40 n.

Sept.

Dec.

054- 59%

58%

59

SILK

Dec.

118

STOCKS-

Amer. Smeit, Auburn

41/2

41%

20

J. I. Case

534

Du Pont

90%

01

21 Bond & Sh.

16

164b

General Motors

31%

31%

In, Tel. & Tel.

1834

13

Mcintyre

47%

48%

27% 27

Nat Distillers

N.Y. Central

24 23% 304

"Cotton:-Sentiment

Socony Vac.

Un. Aircraft

US Steel...

16% 1614 20 40%

16% continues 197

bullish

40%

H.K. Steamboats, $9 n. Indo-Chinas (Pref.), $90 n. Indo-Chinas (Def.), 889 a. Shell (Bearer), $50/71⁄2 n. Union Waterboats, $11 n.

Mining.

Antamoks, 69 cts. n. Balatoes, $331⁄2 n. Baguio Gold, 96 cts. n. Benguets, 32 n.

Benguet Exploration, 20 cts. ¤. Benguet Goldfield, 20 cts. M Big Wedge, 12 cta. Gold Creek, $31⁄2 n. Ipo Mining, $4 n. Itogons, $7 n.

Kailan, 20/-

Langkata (Single) Sh. #181⁄2 1. S'hai Exploration, Sh. 85 n. S'hai Loans. $54.

Raubs, $14.

Venx: Goldfield, $7 n.

Docks, etc.

H.K. Wharves, $108 b., 110 88. H.K. Docks, $15 n.

S. China Motors A, $2 n.

S. China Motors B., $4 n. Providents (old), $13⁄4 na. Providents (new), 55 cls. liongkews, (old) Sh. $305 n. Hongkews, (new) Sh. $12211⁄2 n. New Engineerings, Sh. $5 n. Shanghai Docka, Sh. $131 n.

Cotton Mills.

Ewo Cottons, Sh. $11.30 b. S'hai Cottons (old). Sh. $72 n. S'haf Cottons (new), Sk. $42 n. Zoong Sings, Sh. $131⁄2 n. Wing On Textiles, Sh. $54 n.

Lands, Hotels, elc.

H. and S. Hotels, $5.80. H.K. Lands, $59 n. S'hai Lunds, Sh. $25 n, Metropolitan Lands, Sh. $14 n. Humphreys, $11.10 n. H.K. Realties, $5.30 n. Asia Realties "A", Sh. $140 n. Anin Realties "B", Sh. 20 n. Chinese Estates, $80 b. China Realtles, Sh. $15% n. China Debenture, Sh. $187 n.

Public Utilities,

H.K. Tramways, $21.15 b. Peak Trama (old), #15 n Peak Trams (new), $7 n. Star Ferries, $101 n.

Yaumati Ferries, $21 s

C. Light (old) $8.85 n. C. Lights (new), $8% b. HK. Electrics, $721⁄4 b., $721⁄41⁄2/-

60 B,

Macao Electrics, $25 n Sandakan Lights, $8 n. TTelephone (old) $24.60 b.

Telephone (new), $12 n. China Buses Sh. $13.20 1. S'pore Tractions, 5/-- n. 1 Singapore Fref., 16/101⁄4'n.

Industrials.

Malabon Sugars, $12 n. Cald: Macg. (ord), Sh. $21 m. Cald: Macg. (Pref.), Sh$19. Canton Ice $2.70 n. Cement, $2.55 b., $2.50 sa. H.K.. Hopes, $41⁄2 n.

Stores, etc. Dairy Farms, 26% n. Watsons, $5.70`s. Der. A. Wings; $1 n. Lane, Crawfords, $4.40 s. Mackintoshs, $21 n. Sinceres $9 b Wm. Powella, 70 ets. n.

Is It Insured? ? Wing. On (ILK) $100 n.

Insurance—All Classes LOWEST RATES

American Asiatic Underwriters

Fed. Inc., U.S.AT

General Agents

:

Tokyo Tsingtan Yingkow

Interset allowed on Urrent As Head Offe

Deposits received for fixed periods 17, The Bund, az zatas to be obtained on application.

C. KISHINAMI

Manager.

Hong Kong, 11th April, 1984.

Shanghai..

I.K. Oftes Asia, Life

Building

Tel. 30184.

Miscellaneous, HR. Amusements, $4/m.. Entertainments, $73% n. 8.C Enterprises, $1-sa. United Theatres, ́Sh. #2 a. Macao: "Greyhounde," #2 n. Constructions (old)" $1,66 b. Constructions (new) 70 cts: b Ch. Govt. 6% 1925 G Bonds

877% 1.

H.K. Govt Loans,

prom. b.

Wallace Harpers, $8

Gold River, 28.

Montgomery W.

Westinghouse . 37 36%

London Prices.

43

2744 53

influences in due course.

dogs.

date significance. We still favour Liverpool cables. a policy of accumulating during weak spells, believing that Govern-advices, prices advanced carly in the 1. To keep away from, strange 118b ment spending will exert inflationary Session ол scattered purchases,

which attracted Southern selling. 12. "Bonds: High-grades were A partial rally occurred at the close. slightly toppy and we now believe Weather conditions are favourable. 01 that prices have reached too high "Silver: Brokers, credited with 16% level for any further advance, operating for the Government, had $1 Second-grades, except perhaps in buying orders for July at 45.40. 13%

few 488ome special instance, will not im-Offers were light and only a 27% prove until the stock market im- sales were put through on that basis." 24% proves.

According to the Silver Purchasei 30%

in general Act, speculative profits will be taxed and we

still 150 par cent, on transfers of interest

41 favour purchases on good reac-made on and after May 15-Reu-

ter.

37% tions.

"Silver: The market is hufel,

LATER REPORT The following quotations from Lon-but steady. In view of the state- don were received last night between ment by Mr. Morgenthau on

The following fash was received the hours of 9 p.m. and 11 p.m.

the during the night from Messrs. E. A. proposed thorough enforcement of Plerce and Company, New York the Silver Act, we believe that correspondents for American Orien- prices will slowly work higher. tal Finance Corp.

"Rubber-Prices are easier on "Stocks: Following an even open- lack of outside interest. Tradersing, with several large blocks chang- rate are uncertain pending the settle-ing hands, the market was quiet..

ment of the labour troubles in the but firm without tyre industry.

Last Price London Silver-Spot 19-7/8 bought. China sold. Quietly steady.

Forward 19-15/16 London Gold-197/10%. London/New York-2 p.m. 5.03-7/8.

India

Liverpool 4/7-7/8.

Liverpool 6.45.

Wheat-July-1

p.m.

Cotton-July-2

p.m.

on

In the event of being bitten or scratched however, slightly by any dog, to seek medical advice at once, and to report the facts to the nearest Police Station. The report should be in writing if possible; otherwise personal- ly or by telephone.

E. D. C. WOLFE

Inspector General of Police

20th June, 1934.

EXCHANGES.

TO-DAYS QUOTATIONS.

On London

T. T.

On demand

1/5 1/5

4 months' sight... 1/6%

Credits 4 months'

sight

1/5%

New York-

On demand

3554

source for

Credita 60 days'

sight

37%

540

any particular trend. "Wheat:-Prices are lower "Silver: There was continued firm-On liquidation and on hedge-selling.ness. There was small trade with Open-following the statement by Mr. bidding from a new

London Rubber-July/Sept. ing 6-3/4 buyers, 6-18/16 sellers.

Last Record

Bennel to the effect that 'grain is nears. not getting the buying support

"Cotton: The Trade bought at On Paris London Silver-Spot, 19-16/16 India that had been expected, but I think the opening.

China sold. Quietly steady that the market is in a position to are required under the market price.

Supplies of cotton On. demand

Credits 4 months' respond to any bullish news and There was light Southern selling]

sight...

5722 rate that a little outside help would pro-and realising by long operators. On India-

The tone is steady."-Reuter.

On T.T, and demand 94% Do Shanghai-m On demand

*109%

bought.

Forward 20. London Gold-138/0.

London/New York 2 p.m. 4.03-11/10.

teet long positions."-Reuter.

Liverpool 4/7-3/4

Liverpool London Rubber-July/Sept. ing 0-5/8 buyers, 4-3/4 sellers.

Wheat-July-1

Cotton-July-1

p.m.

p.m.

E. A. Pierce Co.'s Comment

LATEST QUOTATIONS

16.40.

Latest Quotations

Messrs. E. A. Pierce and Com-.

The following quotations have On Japan:-- Open-pany, through their local correr been received through Messrs. S. E.

pondents, the American Oriental Levy and Company and the Ameri-On Manila- On demand

can Orienta) Finance Corpora- On demand tion:

On Singapore......... New York, June 21.

Last To-day's Close Close

New York, June 21.

The following quotations have been received by Messrs. S. E. Levy and Co,. & the A.0.F.C.

New York Cotion:

July

October

December.

January

March

May (1935)

Spot

New York Silver:

July

September

October

December

January

March

46.05/05

Total sales:-58 contracta

34 contracts

N.Y./London Cross-rate 603% 6.08%

N.Y. Cotton-Oct.

N.Y. Silver Sept

Chicago Wheat--Sept.. 92% 89%

On demand

On Saigon

On demand....

119

71%

On demand

60%

On Batavia-

52%

54

130%

ing rate

1/5% Bar Silver per oz.... 19 15/16

Bar Silver in Hong

Kong

nom.

BAD.

1% prem

On demand ... Bovereigna bank buy-

45% 45%

45% 45% (Dow Jones Arg.)

Last To-day's

Aves. Aves, Change Copper Cash

30 Industrials 98.25 97.50 20 Rails

0.75 down Copper Centa

45.17 44.68 0.58 down Rate of Native Interest 3% p.a. 24.40 24.06 6.85 down Chinese Sub, Coin 81% dis 95.02 04.04 0.07 down Hong Kong Sub. Coin par.

... 60.78 56.32 0.60 down

***** 98%† 08 Allied Chemical & Dye .141 1304

98 24/4 144 41% 41%

American Tel. & Tel 115 1144

QUALITY PRINTING With Quick Service

THE NEWSPAPER ENTERPRISEKTIC

SIDRA MAIL MARK

Last To-day's |

Price Prize

96%

12.25 12.23

45.60 45.75

June 20.

Closing

11.97/98

12.24/25

12.30/87

June 21. Opening Closing 11.99/00 11.98/00

.02 up 12.27/27 12.21/23 .02 down 12.38/39 12.32/33 .04 12.42/42 12.44/44 12.36/38 .04 12.52/62 12.54/54 12.49/50 12.62/62. 12.64/64 12.58/59 12.20

12.20

NY. Rubber Sept....

13.75 13.08

On Bangkok---

Changes

Chicago Corn-Sept,

594 57%

New

York Silver (Business done)

San

Francisco Silver (Business price) ...

.02 .03 unchanged.

M

20 Utilities.

45.30/30 45.40/40 45.45/45 .15 up 45.50/60 45.65/65 46.05/75 .16 45.62/62 unquated 45.82/82 .20 45.85/95 45.96/90 46.15/19 .24

unquoted 46.32/82* 27 N 46.45/45 unquoted 46.65/65 .20

40 Bonds.

11 Commodity

*

Index

N

¡Air Reduction

American Can

13.38/48

13.55/55 13.76/75

13.86/88 13.88/88 unquoted 14.12/14 14.21/23 14.24/24 14.31/32 14.46/46. unquoted

* possible mutilation 13.36/36 .12 down 13.65/68 .07. 13.79/79 .09 14.00/03 .11 14.10/10 .14 14.38/53 .18

American. Radiator

American Smelling

19

American Tobacco "B" American Waterworks

*

74% 74. 20% 20 (Continued on Page 7)

1.15 1.15 1.17% 1.18% 1.18

1.18%

1.18 1.182

Winnipeg Wheat:

761⁄2

78%

79%

76% 78 : 79

0% down 0% H 0%

W

Chicago: Wheat:

New York Rubber:

July

September

October

December

January

March

Total sales:-376 contracts

New York Silk:

July September October

December

July... *October

December

July September

December

924/92% 92% 92% 92/924 92/92% 08/03%99%/94

Total sales:-14,652,000 bushels

New York Bugar:

July? -2.

September

December

Chicago, Garn:

September

December Meinings

1.03.

1.70

1.80

254 contracts.

1.14 /1.14 .01% down 1.17 /1.18.00% 1.18 /1.18 .00% 1.17/1.18 .00 "

92/89 3 90/89% 2% 91%/91% 2%

N

down.

1.63

-1.71 7,80

unchanged .01 up.. unchanged

€9%/89%-69%/59% 67/67% 1% down 594769 694/691⁄4 58/88% 1%

N.: Copper, Oct. 7.48".

Tin

60.10

S. E. Levy & Co.

UNDERWRITERS AND DISTRIBUTORS

SECURITIES AND COMMODITIES BOUGHT. AND BOLD 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

7 ICE HOUSE STREET, HONG KONG

Tel. Address: Belco

7.85

Tel. 80101 and 30103.

60,55%

possible mutilation

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