1934-06-28 — Page 6

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION.

Autboded Capital - en $50,000,000 Issued shi Fully Paid-up Zserve Fund

Berling #6.500,006

Kit10,000,000

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

20,000,000 Incorporated by Royal Charter, 1858.

Bears Liability of Prophetone $20,000,000

TEAD OFFICE; HONGKONG.

BOARD OF DIRECTORA,

HEAD OFFICE: LONDON · ·

Paid-up Capital

.£3,000,000

Reserve Fund

...£3,000,000

Reserve Liability of Pro-

prietors

.£3,000,000

Agencies and Branchen!

Dalla

RAFFIC

Amrit

1pok

zgkok

Karachi

Bering

Batavis

Kang

Sterben

Miskin, Eag,

Bombay

Isbe

Shanghai

B. Morrison, Eq.

Calcutta

ป

Canton

Hou. Mr. G. G, B. Huckle

Chairma

8. II. Dode, Eng.

Deputy Chairman.

too. My, W. II. Bali.

11. Compton, Eng. ..Xerick, Eng.

C. O. Kaithi, Keg.

AMOT

BANGKOK

DATAVIA

BOMBAY CALCUTTA CANTON

CHEFGO COLON DO

DAIBEN

YOOCHOW RAITHONG HANKURD BANEOW

HARDN BONGREW

170110

מסין!

JOHORS

КОНЕ

KOWLOON

1.E. Peres, Es44.

Y. M. Grayburn, Reg.

Chief Mus

BLANCHES-

LONDON

LYUNS

MALACCA

KANILA

MUAJ (Color)

HULDEN

NEW YORK

PEPINO PENANG

ANGOON

HAIGON

54 FRANCISCO

KUALA LUMPUR

KHANOMAT

SINGAPORE

OURABAYA

RUNGEI PATANI

TIENTSIN

TOK TO

TRINGTAO YOKOHAMA

Curent Accourte opened in Local Curren and Fixed Deposite reived for oneerling shorter periods in Local Company and

op terms which will gooled on applicatios. How Hung, 18th April, 1984.

HONG KONG SAVINGS BANK.

The Bars of the shore Bank is vedal.

ed by the HONG KONG AND RIANDRAT BANKING CORPORATION,

obtained on applesïipe,

Rules may be

FOR THE HONG 10 AND EHANGHAI BANKING CORPORATION

Y. N. GRATNURK,

Chlef Manager.

Tea Hong, 28th February, 19.

THE BANK OF EAST ASIA, LTD.

Autwierd Capital

Palden Catsilet

Arts and Undwkded Prodis

$10.000.SON NG

.....$2,000,00

READ OFFICE-HONG ROKO

12. De Virus Road Central

BOARD OF

BIRECTOR

Sir Chou-on Chom. Chain AS..

Casspor Cole

Colombe

Baiphong

Hamburg

Kankow

Harbin

Tour Long

Lampar

Kuching

Madras

Singapor

FLATED

Sourabay's

Taiping Timbales Tongkah

Kanila

Medan

- Nur York

(libcker)

Peiping

Talmsta

(king)

Tokohama

Pant

Zamboang

Ford Eschange and Generd Banking businam tranakeidd.

Current Accounts opened and Fixed Depoulia renfred for doe year or shorter periods at rate

arparetino,

i which will be quoted on

W. H. E. THOMAS,

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

THE BANK OF CANTON, LTD.

Established 1912.

Head Office: Hong Kong.

Authorised Capital

Fald-up Capital

Total Resources

$11,000,000 8,658,000 32,170,492

Branches: Canton, Tolthan, Shanghai, Hankow, Bangkok & San Francisco. London Bankers: Lloyds Bank, Ltd.,

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

Current Accounts opened and Fized Deposite received for one year or shorter periods at rates which will be quoted on application.

Safe Deposit Boxes (various sizes) for hire.

LOOK JONG GRAN.

Chief Manager.

SAFETY FIRST !

To Safeguard Your Valuablea and Jewelleries.

Deposit them in a Vault

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

OUR SAFE DEPOSIT VAULT

Yoon Chun. Ex-P. X. Xank, E Warglocated on the Mezzanine Floor of

FOR TAGE. FR., Chan Chiny lnk, E T Lan Our

New bullding is Specially Con-

Fant. Eng. Wong Chu Sen, Esq. and Kas TIF structed to provide all of the Im-

Pa, Exq

Calcate

Fan Tont Th, Fro.. Chist Manager.

1. TAM F. E. Manager.

BRANCHES AND JOEYCIPAL -

--

Ang

Bettia

Thorstay

Callin

Haiphong Aanine

Onska Park

Besdialy

Kolk

Kovjons

London

Trpint

Penam

Kampe

Tilghe

San Franc

Brattle

Aingsport

Surabaya Swntow

Aadney

Tathoku

Total

Fakro

Yokohama

Eury Asiplina denking and Farhanze bollers (ranaised.

portant Qualities.

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

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

THE

Los granted on app AMERICAN EXPRESS COMPANY,

Ground

lies

Accounts Comeal and Phrt Deprati neled

L

The f

Youl Corsetry :

shorter periods in Lost and Foreign Currencies en lerma which will be exanted en adtration.

Rate Depot Boss In Tet.

KAN TONG PO

THE BANK OF TAIWAN, LTD. (TAIWAN GINKO)

INC.

Head Office:-85, Broadway. New York

$0,000,000.00 2,087,112,68 1.995,528.81

Maxi City

Chief Hangat.

Tour Kent. lai sinh, 2004

Capital Surplus Reserves

BRANCHES:-

Amundara

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

Charter, 1899.

Athena

AUTH

Beale

Glaucam Harana Hamburg HASTO

t

Berkle

Borisy

Barnen

Brokel

Loudne

Callse

Cotal look in Formoss Bank-Note Juryed aways amount...Yen, 48,006,000 On and after August 16th, 1933, the rate of Interest on Special Current Depealt will be at 2% p.a. on daily balance and the rate for balance over $10,000 will be quoted on application. (Maximum rate-14%),

LONDON BANKERS:

Barneys Back, Lid.. Lloyds Bank, Ltd.

·Midland Back, L, Walminster Rizok, Ind.

Calcula

Heidelber Interw Jerusalem

bol Тетеринария

Lugatio

Tutor

Marcille Boute Caria

Cate Caterte Copenhagen

1

burg fourte Opera

Maria

Mundela

Silgaus

Milan

Naples Tirage Paris Priping

Palermo Blist wederz Flore

Stanghal Southampton Fingapore Teulain Tammiss Vienne Ventos Yokohama Zurich

Branches of American Express Com- States of America and Canada.

The Bank has Camependente in all the principal pany in Principal cities of United

·Commercial Centres throughout the world.

BONG KONG BRANCH:

R. KAGUBA.

Hesseger

9, The Faux Road Central. Heng Long. December 24, 1981,

THE YOKOHAMA SPECIE BANK LIMITED.

Established 1880

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

Bead Ofte:-YOKOHAMA

Branches and Agencies at:

Alexandrin

Batavia

Berlin

Bombay

Calcutta

Canton

Nagasaki Nagoya

New York

Osaka

Paris

Priping

Dairen (Dalor Rangoon Fengülen (Maiden) Rio de Janeiro

San Francisco Beattle

Hamburg Hankow

* Harbin

Kong!

Rong Honolulu

Hanking Karachi

Kobe

London

Los Angelas

Boerabaya

Bydney Tipatsin Tokyo

Manila. MOH

Interest, allowed on. Curent Ac-

...

Deposita received for fixed parlóds

at races to be obtained on applications

C. KISHINA

Hong Kong 11th April, 1984.

All classes. of Commercial Banking Transactions undertaken.

Persona 1 investment accounts. handled

The Company offers to intending Travelers the use of its "Travelers Cheques" and Letters of Credit and, in addition, the world-wide cervices of its thoroughly equipped Travel De pariment.

G. H. BENSON,--

General Manager,

Is It Insured? ?

Insurance—'AI] Classes LOWEST RATES American Asialic Underwriters Fed In USA, General Agents

Once

Hasd 77, The Hand, Shanghai,

B.K. Ofica Aula Life

M Dailding

Job Paintin

THE CHINA MAIL, THURSDAY, JUNE 28, 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, $1840 a.

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

Insurances.

2

:

PECORA BALKS AT MEMBERSHIP

Desires Chairmanship Of Commission.

SPECIAL TO CHINA MAY.

TEXTILE INDUSTRY IN LANCASHIRE

Brighter Prospects Reported.

MISSION PRAISED

London, To-day.

The step taken by the British Government to counteract certain

aspects of unfair trade competition

buted a new and better feeling bes

DULL TONE

CONTINUES ON

WALL STREET Bonds And Utilities Show Gain.

SILVER PRICES. FIRM (

New York, To-day.

NEW ADVERTISEMENTS

BANK HOLIDAY.

TN Accordance with Government Ordinance, The Exchange Banks will be CLOSED for the transaction of Public Business on MONDAY the 2nd July, 1934 (The First Week Day, in July). Hong Kong 27th June. 1934.

:

THE EAST ASIATIC CO., LTD. COPENHAGEN.

and The Danish Motör Vensel.

"AFRIKA"

the

art

being

The New York market was again' on deliberate currency depreciation dull yesterday. Only 630,000 were welcomed by Sir Allen Sykes shares were traded.

and rals declined STOCK EXCHANGE DELEGATES at the annual meeting of the Bles- Industrials

Ispectively, while utilities. H.K. Bank (London), 130%. . TO BE APPOINTED THIS WEEK chers Association In Manchester 39 and 10 to 90.94 and 44.47, re-

yesterday. Chartered Bank £16% ni

Reviewing the effects of the bonds improved .01 and .06 to 24.11 Mercantile Bank, A. & B. £28 n.

(Bu Telegraph, Copyright, Telegre- textile missions' visit to India, he and 94.71, respectively. The com- having arrived from Copenhagen, Oslo, Gothenburg, Antwerp, Hamburg and Mercantile Bank C, £15 n.

phic Mourages Ordinance, 1801, Resaid that the mission had contri-modity index was up .12 to 56.57.

Genoa consignees of cargo are hereby 5. E LEVY AND COMPANY. Bank of East Asia, $91 n.

ceived June 28, 5.40 a.m.)

In their market report, Messrs, informed that all goods Washington, To-day,

and/or hazardous

extra It is authoritatively learned that tween the two countries, and in

pondents for Messrs. White, Weld hazardous Godowns of The Hong Kong Mir. Ferdinand Pecora has balked at referring to the results of India's S. E. Levy and Company, corres landed and placed at their risk into

with Japan,

and Kowloon Wharf &- Godown Co. And a-and Co., New York, state:- accepting mere membership of the recent negotiations

"Stocks: The market again ruled Ltd., where delivery can be obtained Stock Exchange Control Commishe thought it reasonable to

No claims will be admitted' after 'the' slon, but has telegraphed his wil-sume that India would

not less than the additional 200,000,-dell and irregular, the only out-as soon as the goods are landed. lingness to accept the chairmanship 000 yards of Lancashire made standing feature being the firmness goods have left the Godowns and all for one year.

clothes.

of gold shares. We continue to an- goods remaining undelivered after Senator Fletcher is insisting that!

subject The increase of Lancashire's ticipate & drifting market with oc-4th July, 1934 at 4 pm. will be All broken, chafed and damaged the membership include Mr. Pecora textile trade, he added, would be casional weak spells, during which! The commission is to be appolat substantial in volume if world purchases are recommended. Busi-goods are to be left in the Godown, will be examined by where they this week-United Press, per S. Etrade increased. Lancashire was ness done:-630,000 shares..

firm, Mesurs. Anderson & Asbe on the 3rd Levy, and Company.

July, 1936. at 10 a.m. are slightly

Canton Ins, $800 n. Union Ins., $572% n.

China Underwriters, $1.20 b. Chine Fire Ina., $510 m. H.K. Fire Ins., $250 n. International Assce. Shipping.

Douglas, $40 n. H.K. Steamboats, $7 n. Indo-Chinas (Pref.),-$30 p. Indo-Chinas (Def.), 88 n. Shell (Bearer), $50%- n, Union Waterboats, $11.70 b.

Mining.

Antamoks, 69 cls. Balatecs, $32 n.. Baguio Gold, 36 cis, n. Benguets, 32% n.

Benguet Exploration, 20 eta, n. Benguet Goldfeld, 20 cts. m. Big Wedge, 12 eta. n.

Gold Creek, 22.

Ipo Mining, $4 n.

Itogons, $7 n.

Kallan, 20/- The

Langkats (Single) Sh. $18 n.

S'hat Exploration, Sh. $5 n. S'hai Loans, $6 n. Raubs, $144.n.

Venx: Goldfield, $7 n. Docks, etc.

H.K. Wharves $108 b. H.K. Docks, $15 m.

S. China Motora B., $2 n.

S. China Motors B., $8 n. Providents (old), $1% n. Providents (new), $50 cts. n. Hongkewe, (old) Sh. $322 T. Hongkews, (new) Sh. $820 n. New Engineerings, Sh. 45 n. Shanghai Docke, Sh. $131 n.

Colton Mills.

Ewo Cottons, Sh. $11.30 n. S'hai Cottons (old), Sh. $72 n. S'hal Cottons (new), Sh. $42 n. Zonny Sings, Sh. $111⁄2 n. Wing On Textiles, Sh. $57 n.

Lands, Hotels, etc.

H. and S. Hotels, $5.80 b. H.K. Lands, $581⁄2 b. S'hai Lands, Sh. $26 n. Metropolitan Lands, Sh. $14 n. Humphreys, $10.60 n.

H.K. Realttes, $5.35 b. Asia Realties "A". Sh. $140 n. Asia Realtics "B" Sh.$20 n. Chinese Estates, $824 b. China Realties, Sh. $15% n. China Debenture. Sh. $187 n.

Public Utilities.

H.K. Tramways, $211⁄4 b. Peak Trams (old), $15 n. Peak Tras (new), $7 n. Star Ferries, $100% b. Yaumati Ferries, $21 n. C. Light (old) $8.70 b. C. Light (new) $8.30 b. H.K. Electrics, $72% 58, Macao Electrics, $26 n. Sandakan Lights, $8 n. Telephone (old). $244 b. Telephone (new), $12 b. China Buses Sh. $18.20 n. S'pore Tractions, 5/- n. Singapore Pref., 16/10 n

Industrials.

Malabon Sugars, $12 n. Cald: Macg. (ord), Bh. $21 n.

MORGENTHAU'S COMMITTEE

University Professors › To Report Conditions,

SPECIAL TO CHINA NAIL. (By Telegraph, Copyright, Telegra phic Messages Ordinance, 1891. Re- ceived June 28, 12.58 p.m.)

дой две

"Bonds: High grades are well equipped to take the fullest advantage of any improvement of while second-grades which there were some signa-Bri-better. tish Wireless Service.

NEW YORK STOCK

EXCHANGE.

S. E. Levy And Co. And A.OF.C. Quotations.

New York, Yesterday. The following quotations from New York have been received by Messrs. 8, E. Levy and the American Oriental Finance Corporation.

Washington, To-day. The United States Treasury Secretary, Mr. Henry Morgenthau, has appointed a committee of uni-j versity ́ professors to study the monetary standard, types of cut Amer. Smel. rency, regulation, and control, the Auburn relationship by credit and cur.J. I. Case

Du Pont...* Share ..... rency; and problems of business stability.

El. Bond &

He also appointed a committee General

. Last

on

are

casier "Cotton: Prices are liquidation by local operators. The Trade and Japanese interesta buying on the scale down.

*Silver: Prices are firm. traders are speculators continue to

Both

anticipate a higher market as a re-

sult of the Government Silver Plan, despite the threat of the 50 per cent. tax on profits. Sales: 214 contracts.

"Rubber: Prices are steady. The markel eased off towards the close on local liquidation and on an un- confirmed rumour of the possibility

to

rent.

All claims against the vessel must. be presented to the Undersigned with- in ten days of the ship's arrival, or they will not be recognised.

No Fire Insurance will be effected. Bills of Lading will be countersign- ed by

JOHN MANNERS & CO., LTD. Agenta.

Mercantile Bank Bldg. Hong Kong, 27th June, 1934.

PUBLIC AUCTIONS.

THE

instructions to sell by Public Undersigned have received

of a further strike in the tyre in-Auction

Close Opening Noon dustry. We believe that advantage should be taken of all dipa. Bust- 424

2.

ON'

Tuesday, the 3rd. July, 1934, commencing at 10.30 a.m.

Wheat: The market is erratic at No. 5, Mindan Avenue, Kowloon

Tuesday's sales:-30,746,000 bus- hela."-Beuter.

(Continued on Page 7)

EXCHANGES.

TO-DAT: QUOTATIONS.

On, T.T. and demand 1/514

1/6%

42% 434

24%

25

ness done: 338 contracts,

60%

52

90%

91%

31

and there is no outside interest.

16

164

14

E.

Socony Vac. The committee will formulate, a Un. Aircraft :

40 long range plan and report to U.S. Steel... Congress United Press,, per and Company. Levy

to study Federal taxation with Int. Tel. & Tel. 13% view to equalising the burden, and McIntyre ..... eliminating the overlapping of Montgomery

Ward State and Federal taxes and tol study the use of revenue provi-Nat. Distillers N.Y. Central, sions as business stabiliser.

Molors... 31%

31%2

31%

134

134

49%

494

60

284

28

284

21%

24

30%

80%

164

On London

10%

16

18%

18

18

40%

40%

4 months' night

N.Y./London

S. Westinghouse 36%

374

Credits 4 months'

603%

504

sight

COTTON:

Oct. Dec.

1245 1240

1242

On New York---

1258

1254

1256

On demand

....36%

SILVER:—

Credits 60-days'

Sept. Dec RUBBER Sept. Dec.

4600

4030

night ..

4675

4091

On Paris

-1404

1408

On demand

88%

557%

1444

1442

Credits 4 months'

WHEAT- Sept.

sight

$90

90%

014

On India.

Dec

91%

12%

On T.T. and demand 97

CORN:-

Sept.

68%

60

Da Shanghai--

69%

60%

On demand

1093/

On Japan:--

1:17 London Prices.

.110b

On demand

1224

On demand

781⁄4

On Singapore

On demand

62%

On Batavia-

On demand

58%

On Saigon-

On demand .

.56%

p.m,

rate On Bangkok--

On demand

127%

D:| Sovereigns bink “buy-

p.m.

UNCERTAINTY ON WALL STREET. Prospect Of Rise In Farmers' Wages.

Pay

SPECIAL TO CHINA MAIL. (By Telegraph, Copyright, Telegra Des. phie Messages Ordinance, 1894, Re-SILK- ceived June 28, 8.40 a.m.)

New York, To-day.

Dec.

The stock market is vague, pend- The following quotations from Lon-On Manila- ing the selection of the Stock Ex-don were received last night between

the hours of 9 p.m. and 11 pm.

Last Price change Control Commission.

Favourable factors are the im- London Silver-Spot 20-5/18 India provement in car loadings and the and speculators bought. America indications of high commodity sold. Market steady.

Forward 20-8/8. prices increasing the farmers' carn- London Gold-188/4. ing power..

London/New York-2 Unfavourable factors are the de-5.08.

Liverpool Wheat-July-1 crease in May automobile producting!

4/8. and the strike situation.-United Liverpool Cotton-July-1. Press, per S.E. Levy and Company. 6.55.

STEEL OUTPUT AT 48. p.c. CAPACITY. Artificial High Rate.

SPECIAL TO CHINA MA.. (By. Telegraph, Copyright, Telegra phic Messages Ordinance, 1894, Re-

Cald: Macg. (Pref.). Sh$191⁄4nceived June 28, 8.40 am.

Canton Ices, $2.70 n. Cements, $2.80 b.. HK Hopes, #41⁄2 ni

Stores, etc. Dairy Farms $25 b. Watsons, $5.70 m. Der. A. Winga, ŝi n. Lane, Crawfords, $1.40 n. Mackintoshs, $21 n. Sinceres $9 n. Wm. Fowells, 70 eta, n.. Wing On (H.K.), $100 n. maye: Miscellaneous. HLX. Amusementa, $4 1. Entertainmenta, 374 n. 8.C. Enterprises, 1 n. United Theatres, Bh. $2 n. Macao "Greyhounds,”' #2. n. Constructions (old) $1.55 b. Courtractions (mm) 70 chạy bởi

Ch. Goyt 5% 1925 G#Bonds

New York, To-day

The Journal, "Iron Age", states that the steel output is now at 48 per cent, of capacity, due to produc- tion having recently, been maintain- ed at an artificial high rate in order to supply the diversified needs of the milis which were forced to com plete shipments against second quarter contracts before last Satur- [day, in order to comply with the Code, regulations. The Journal states that the curtailment will con- tinus next week United Press, per 3. E. Levy and Company,

London Rubber-July/Sept Open ing 6-3/4 buyers, 6-13/10 sellers.

Last Record. London Silver Spot 20-7/16 India and speculators bought. America |sold, ̈* Market steady..

Forward 20-1/2, London Gold-188/14. London/New York-2. p.m. 5.04.1/4.

Liverpool Wheat-July-1 p.m. 4/7-5/8.

rate

Liverpool Cotton-July-1 p.m.

6.61.

Titan Babber-July/Sest, Open: ing 6-13/16 buyers, 6-15/10 sellers.

US. TAX MENACE.

Bureau To Tap New Resources.

SPECIAL TO CHINA HAIL, (By Telegraph, Copyright, T'alegra pkio Mouragas Ordinanas, 1891. Es- colved June 18, 6.40 mm)

Washington, To-day It is revealed that the Internal Revenue Bureau are planning a new campaign to tap new tax resources by levies on the huge surplus ne- cumulated In recent years by several large, corporations, Including the HE. the Governor is arranging|pérsonal: holding companies which that a Committee be appointed to have permitted surplusse to sccumu-

COLONY TRADE SURVEY

HK Gort Loans, 88% % prem: b. study Colony trade, The commit-late, Instead of distribuiitig

Wallace Harpers, 38

Gold River, $261⁄2 n.

Govt, Loans 1⁄4% prem

tos will be comprised of representa in the form of taxable tiver rom local banks, business United Press, yer B. Thouses, and shipping companies.

Company

... до..

пош,

1/6 ing rate

20 7/16 Bar Silver per oz. Bar Silver in Hong

Kong Copper Cash Copper Cent...... 1% prem. Rate of Native Interest 8% pa. Chinese Sub, Coin 81% dis Hoar Kong Sub. Coln Thac.

A Quantity of VALUABLE HOUSEHOLD

FURNITURE

Terms: Cash on Delivery

LAMMERT BROS.

Auctioneers.

Hong Kong, 28th June. 1984.

THE

THE Undersigned have received

Instructions to sell by Public

Auction

ON Tuesday, the $3rd. "July, 1934, Commencing at 5.15 p.m.

at their Sales Room,

4, Duddell Street.

A Fine Collection of Valuable POSTAGE STAMPS

Terms: Cash on Delivery.

L'AMMERT BROS.,

Mt Auctioneers. Hong Kong, 28th June. 1934.

· LOCAL DOLLAR ADVANCES.

Silver Prices Improve.

The local dollar” has advan- ced a further, opening on demand this morning st 1/5/2

Spot and forward silver have advanced %, closing prices yea- terday being 20 7/16 and 2014, respectively.

The London on New York cross- rate, which closed at 4-7,8.$6,05 on Tuesday, closed at 4-U845.- 044 yesterday, while the New York on London rate closed, yes« com. terday st—US$5.05, 13 pared with U.S.$5.03 Tuesday.

S. E. Levy & Co.

UNDERWRITERS AND DISTRIBUTORS BECURITIES AND COMMODITIES BOUGHT AND SOLD ON COMMISSION

DAILY NEW YORK STOCK AND COMMODITY SERVICE

Members:

NEW YORK COTTON EXCHANGE COMMODITY EXCHANGE, ING. CHICAGO BOARD OF TRADE

CORRESPONDENTS FOR WHITE, WELD & CO., NEW YORK

7 ICE HOUSE STREET, HONG KONG

and 30108.