1934-07-27 — Page 6

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BANKS

HONG KONG AND SHANGHAI

BANKING CORPORATION..

Authorised Captai

sumen $60,000,000

Ised and Fully Paid-up 34,000,000

Beers Fund

Starling M

work

£1,500,000 $10,000,00

Mere Lishility of Proprietors $20,000,000 HEAD OFFICE: HONGKONG,

1

BOARD OF DIRECTONA.

lion. M, 0, 0, 8, Huckle

Chairman.

8. 1. Bodwell, E+1. Deputy Chairman.

Son. Mr. W. E. Bail.

II. Capton, Yuq. WJ. Keswick, Yaq 40. Knight, Bay,

AMOY BANGKOK BATAVIA BOMBAY CALCUTTA

CANTON CHEFOO DOLOMBO DAINEN POOCHTOW

BONIKEW

HAIPHONG

JAMNURG

HANKOW

HARBIN

ILOILO

1PUH

01002

KOBK

EUTION

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

Incorporated by Royal Charter,- 1853.

THE CHINA MAIL, -FRIDAY," JULY 27, 1934.

and

Commerce

Finance

LOCAL SHARES.

TO-DAY'S QUOTATIONS,

LOCAL DOLLÄR STEADY.

SEVERE BREAK

IN PRICES ON

WALL STREET

INDUSTRIALS SLUMP OVER, SIX POINTS.

SILVER MARKET WEAKENS

New York, To-day.

STOCK TRADERS

NEW ADVERTISEMENTS

FOREIGN SITUATION PUBLIC AUCTIONS.

PESSIMISTIC

UNEASINESS.

DROUGHT MENACE

The following is the list of local Silver Prices Unchanged A sharp slump in prices occur-ceived July 27, 8.47 a.m.)

share quotations issued to-day;

SPECIAL TO CHINA MAIL. (By Telegraph, Copyright, Telogra- phie Messages Ordinance, 1895, Re- red on the New York market yes-.

New York, To-day.. The local dollar remains, steady, terday, Industrials plunging 8.05

Stock traders are growing. opening on demand this morning at to 85.51, while calls and utilities pessimistic. 1/51/2.

were down 3.30 and 1.30 to 34.29 Favourable market factors are Spot and forward silver prices and 19.60 respectively. Bonds the buying of cotton and wheat on still remain unchanged, closing were off 1:26 to 88.25, while the weather reports, some investment Mercantile Bank, A. & B £31 1. prices yesterday being 20% and commodity Index declined .59 to buying, and the reports of some Mercantile Bank C, £18% n. Bank of East Asia, $84 b.

.HEAD OFFICE: LONDON

Paid-up Capital

Reserve Fund

.£3,000,000 .43,000,000

Reserve Liability of Pro

prietors

.£3,000,000

Agencies and Branches:

Alar Biur

1fbito

Araritsar

pek

Bal

Bangbak

Karachi

Бен

Banks.

6. Stikla.

q.

.lang

Beremban

K. Morrison, Eag,

Bombay

Xaba

Shangha

H.K. Bank, $1835 n.

Calcusin

K

Бодирог

Canon

Tumpur

Rillaves

Cawnpore

Kuchiex

Surabay

H.K. Bank (London), $135 n. Chartered Bank £16 n.

Caba

Sintra

Taiping

Colombe

Manlia.

Tentan

Delhi

Metsa

Tangkah

Hulpborg

New York

(Bhuker)

Hambur

Pelping

Tainglas

Tianko

(Prsing)

Yokoka

Hachio

Z

Hong Kong.

7. E. Fearon, Log.

V. M. Graybara, Esq.

Chlef Hengst.

BRANCHES-

LONDON LYONS 31ALACCA MANILA SUAL obo

MEKDEN

NEW YORK PRIPISO PENANG

RANGOON

SAIGON

SAN FRAKCIRCO

KUALA LUMPUR

SHANGHAI

SINGAPORE

SOBRADAYA

SUNGHI PATANI

TIENTRIN

TOKYO

TSINGTAO YOROITASA

Current Auvinte spened lu al Carrey wod Fired Depoelia tegeled for ok, year o shorter periods in Local Compay and Barling

oler which will be rated an application Hong Kong. 1 April, 1934,

HONG KONG SAVINGS BANK,

The Bealness of the above Bank is conduct

ed by the HONG KONG AND SHANGHAL DANBING CORPORATION.

obtained on application.

Kules

may be

FOR THE HONG KONG AND SHANGHAT BANKING CORPORATION

V. M. GRAYBURN,

Chiar Hause.

Hong Kong. th February, 1991.

THE BANK OF EAST ASIA, LTD.

Autharined Capital

Paid-up Capital

Bounty and Undivided Prote

...$ 4,500 enajem

HEAD OFFICE:-LONG KONG

12. De Your Ronil Canal,

BOARD OF DIRECTORA:- Air Noon Chow, Chairma

Roon Chan, Eng., P. K. Kwok, Eng., Wong Ten Tong, Pag.. Chan Ching Stek, Eng. Já Lan Bang F, Wong Chu Ban, P. and Run Ying

Po. Esq.

Run Tong Pn. Fay. Chint Manager. L. Tre Fong, Eng. Manager.

HRANCHES AND AGENCIES--

Manila

Meil

Hourly Eww

Amor

Rattle

Bateria Bombs

Ranki

Hamarang Shanghai

Calcutta Caloo

New York

Cuka

Плірзовд

Paris

Bankow

Priping

Hoaglulu

Perang

Kobe

Rangoon

Kowloon Louis

Falkon

Tokyo

San Franc

Vassouras Yokohama

bluey Teihong Tientalo

Esny Ameription of Banking and Basima transacted. Loans granted co sonries.

انادا

Pesang

Foreign Exchange and Owners? Banking business;

| Lensman Gad.

Gorrez Accounts opened led Depois received for our year or shorter parind as le which will be quoted on apollentim,

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, Tolshan, Shanghai, Hankow, Bangkok & San Francisco. London Bankers: Lloyds Bank, Ltd.,

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

or

Current Accounts opened and Fixed Deposits received for one year shorter periods at rates which will be queted on application.

Safe Deposit Boxes (various sizes) for hire.

LOOK PODNA SHAN,

Chief laget.

SAFETY FIRST!

To Safeguard Your Valuables and Jewelleries,

Deposit them in a Vault

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

of

OUR SAFE DEPOSIT VAULT located on the Mezzanine Floor Our New building in 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 a very moderate Ren Ital.

Inspection Cordially Invited. THE NATIONAL COMMERCIAL & SAVINGS BANK, LTD. Corner of Ice House Street and··

Des Voeux Road, Central...

THE

Exchang AMERICAN EXPRESS COMPANY,

Approve

Currency

year

Current Kermuške opened, in and Flaed Deposits received for c shorter perlede in fred and Forelga Chorsuzla

an terms which will be quoted na application.

Rain Deport Bases To Bet.

KAN TONO PO.

Chief

Hong Kong. 1st March, 1934,

INC.

Head Ofce:-65, Broadway, New York

lager.

Capital Surplua Reserves

.$8,000,000.00 2.087,112.89

..... 1,995,528.81

BRANCHES:-

Am: O. Finance Corp. Sh. $20

China O. Fin. Ord., Sh. $4, n. China O. Fin. Pref. Sh. 65 n.

57.91.

Undersigned have received

Tinstructions to sell by Public

Auction

·ON.

Monday, the 30th July, 1934, commencing at 11 a.m.

at their Bales Room, 4, Duddell Street,

24 Coils Galv. Mild Steel Hoops:

18 Cases Sperry's Rolled Oats

1006 Photographic Mounts

12 Folding Gas Stoves 18 Axes

2 Cases Rickshaw Hubs

5 Cases Cotton Yarn

and

ture and Sundries.

A Quantity of Household Furni-

20%, respectively.

increase in short Interest. The London on New York cross- Business was brisk. 3,340,000 rate, which closed on Wednesday at shares being traded.

Unfavourable factors are the de creased bank clearings, the intense E-U.S.35.04, closed yesterday at 8. E. Levy And Company's Report nervousness over the foreign situa- -U.S.$5.03% while the New York In their market report. Messrs. tion, and the drought. on London rate closed at £-U.S.35,08, S. E. Levy and Company, corres! The Bethlehem Steel Corporation as compared with £-U.S.86.04. on pondents for Messrs. White, Weld has announced a

dividend of Union Ins., $552 h., $500 s., $550 Wednesday.

and Company, New York, state: U.S.$1.75 on preferred stock, the "Stocks:-The severe character first since January 1, 1982.-Unit- of to-day's break on volume based Press, per S. E. Levy and Cum-HE Undersigned have received.

Insurances. Canton Ins., $290 n.

'BA.

China Underwriters, $14 b. China Fire Ins., $510-n.

H.K. Fire Ins., $250 sa. International Assce. $6 n.

Shipping.

Douglas, $41.15 n. H.K. Steamboats, $7 n. Indo-Chinas (Prof.), $80 a. Indo-Chinas (Def.), $38 n. Shell (Bearer), $45 n. Union Waterboats, $12 b.

Mining. Antamoke, 63 ctx. n. Balatocs, $324, n. Baguio Gold 42%1⁄2 ets. b.

Benguet Consolidated $32 b. Benguet Exploration 19 cts. b., 20

cts. sa.

Benguet Goldfield, 20 cts. n. Big Wedge, 12 cts. . Gold Creek, $2 n.

Jpo Mining $21 b. Itogons $5 n.

Kailan, $19/6 n.

Langkats (Single) Sh. 321 n.

S'hai Exploration, Sh. $5 n. S'hal Loans, $6% n. Raubs, $13 b.

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

H.K.. Wharves, $110 b. H.K. Docks, $12 b. Providents (old) $1.65 b. Providents (new), $50 cts. n. Hongkewa, (old) Sh. $32211⁄2 n. Hongkews, (new) Sh. $320 n. New Engineerings, Sh. $5 n. Shanghai Docks, Sh. $131 n.

Cotton Mills,

Ewos Cottons, Sh.$11.40 . S'hai Cottons (old), Sh. $731⁄2 S'hai Cottons (new), Sh. $421⁄2 Zoong Sings, Sh. $111⁄2 . Wing On Textiles, Sh.863 n.

Lands, Hotels, etc.

H. and S. Hotels, $5.70. b.

EXCHANGES.

brought the market to the point pany.

where we strongly recommend purchases of standard industrial

TO-DAY'S QUOTATIONS.and mining issues. On London-

On T.T. and demand 1/52 4 months' sight... 1/5% Credits 4 months'

sight

On New York-..

On India-

"Ronds: The entire market NEW YORK STOCK

broke wide open from one to three. points, with liquidation not yet! completed.

EXCHANGE

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

Terms: Cash on Delivery

LAMMERT BROS.,

Auctioneers. Hong Kong, 27th July, 1934.

Tinstructions to sell by Publid

{Auction

ON

Tuesday, the 31st July, 1934, commencing at 2.80 p.m.

at their Sales Room, No. 36, Hankow Road, Kowloon

A Quantity of VALUABLE HOUSEHOLD

FURNITURE

comprising:-

"Cotton:-There was some good trading. Buying on declines ap- pears to be based on continued hot and dry weather in Oklahoma, Any relief of the drought situation in Texas is believed to be ques- York have been received by Messrs Teak dining table, Teak chairs and The following quotations from New Teak hatstand, Teak sideboard, S. E. Levy and the American Oriental armchairs, Teak table. Teak flower

"Corn: The weather has some- what improved. Selling was prin- cipally due to the weakness of Securities."

Night Telegram

Dec.

New York, Yesterday.

Chesterfield conch and armchairs,

stands, Teak. teapoys, Teak dress- Close Opening Nooning table with bevelled mirror, 4.03% 5.03%Teak wardrobe with mirror door, 12.77 12,73

Teak chest of drawers, Teak wash stand, Teak ice chest, Teak and cloth folding screen, Teak desk, Teak and glasa cabinet, Teak book- Pictures, Oil paintings,

Clock, Carpets, Rugs, Curtains. Mosquito nets, Linen, Ornaments,

1/64

On demand

3634

Credits 60 days'

sight...

38%

On Paris-

On demand

6572

tionable.

Credits 4 months'

sight

were

590

On T.T. and demand 96%

Dr. Shanghai--

On demand

110

On Japan:-

"Silver: Prices with Intle activity,

"Rubber: Speculative dealera N.Y./London 5.01 were easing their "long positions Cotton Oct. 12.78 and were finding takers hesitant. Dec....... 12.80

"Wheat:The market was in a

Silver Sept. 46.40 nervous condition.

lower, Finance Corporation,

Last

12.02

12.85

46.30

On demand

122%

Dec. 40.55 Silk Dec... Rubber Sept. 14.73

47.10

1.14%

1.18b

14.43

On Manila--

On demand....... 73%

On Singapore—

Dec...... 15.08 C. Wheat

Sept....

case,

14.80

99

97%

..100%

99%

On demand

62%

Silver ware, Braes ware, Porcelain

656

On Batavia-

ware, Cutlery, etc., etc,

68

On demand

54

80%

84%

and

On Saigon-

A Quantity of Black wood Furni

On demand

36

30%

ture.

554

11%

10%

On Bangkok-

19

127%

15

Sovereigna bank buy-

ing rate

33

July, 1934.

.30

1/6% 2014

85

11%

26%

Hong Kong; 27th July, 1934.

48

24

2236.

is

18%%

17

PUBLIC AUCTION.

grave and permanent damage to NY. Central 22% the crop. In the Spring belts the Boc-Vacuum. 14%

(Continued on Page 1)

2214

206

13%

Stan Oll N.J. 42%

42%

42

Un Aircraft..35%

15%

14%

U.S. Steel. 88%

35%

34

West E & M 32 31%

29

LATEST QUOTATIONS

On demand

nom. ******** Hom.

Bar Silver per oz. Bar Silver in Hong

Kong Copper Cash Copper Cente ...1% prem. Rate of Native Interest 3% p.a. Chinese Sub, Coin .... n-Hong Kong Sub. Coin par.

30% dia.

The following telegram was re- ceived during the night.

C. Gorn Sept 66% Dec. 60 Wheat Oct.

Amer Smelt 35%

"Cotton: The hurricane has hit STOCKS: Corpus Christi with heavy rainfall Anac Copper 11% and has damaged the crop

in Auburn ... 20% South Texas. Over the balance of Balt & Ohio 16% the West Belt it is not so hot and J. 1. Case. 421⁄4 cloudier. The weather looks like Con Gas N.Y. 31 Du Pont.... 88 breaking up. In the East there El Bo & Sh 11% are some showers.

Gen Motors 28% "Corn:-Weather conditione in It Tel & Tel 9% the Corn belt are cloudier.

Mcintyre 46 - The heat-wave

Mont Ward 25 mitigating after Nat Distill.18%

ggg⌘}|༄2⌘ }「}}

144

Terms: Cash on Delivery.

On View from Monday, 30th

LAMMERT BROS.,

Auctioneers.

THE BANK OF TAIWAN, LTD. (TAIWAN GINKO)

HEAD OFFICE:- Taipek, Formosa Incorporated by Special Imperial

Charter, 1899.

Central Bank in Formos Bank Kata lantied Average amount... Yes. 43,009,000 On and after August 16th, 1933, the rate of Interest on Special Current Deposit will be at 2% p.a. on daily balance and the rate for balance over $10,000 will be quoted on application.|

Maximum rate-1%%).

LONDON BANKERS:

Darclage Back, bl. Lloyds Bank, Ltd Midland Bank, Litle. Westminster Bak, lad.

Soude Montreux

Palaro Itotterdam Rome Shanghat

Singapore Tiroli

New York, Yesterday.

The following quotations have been received by Mesara. S. E. Metropolitan Lands, Sh. $14 D. Levy and Co. & the A.O.F.C.

July 26. Opening **Closing

London-Prices.

The following quotations from Lan- don were received last night between London Silver: 6.30 p.m. and 10.30 p.m.

Last Close

THE Undersigned have received. instructions to sell by Public

Auction

London Silver Spot 20-1/4 and For-A ward 20-3/6.

Quietly

ON

FRIDAY, 27th July, 1934, commencing at 5:15. p.m.

at their Sales Room, 4, Duddell Street.

VALUABLE COLLECTION OF

POSTAGE STAMPS,

comprising:

Fine British Colonies, Old Europe, London/New York Raté 5.04 (2 p.m. Central and South America, etc., etc.

etc. Liverpool Cotton-Oct. 6.88 (1 p.m.

On View from Thursday the 26th Liverpool Wheat Oct. 5/5-1/2 (1 July, 1984. p.m. price).

London Rubber-Oct.-Dec. 7-3/16 buyers, 7-1/4 gellers-Opening.

H.K. Lands. 458 . $684/58 aa.

S'hai Lands, Sh. $25

n.

Amsterdam Antwerp

Atbrun

tirnos Glasg Harana Hamburg

Milan Nien

Humphreys, $10.40 s.

Nontra

Pitaru

H.K. Realties, $51⁄2 n.

July 25. Closing

Bealse

Hom

Parin

Erlin

Heldelberg

Peipit

Hotebag

inter:aken

Brymolt

Zerona

Bel

London

Cairo

Liverpool

Calcutta

Lucern

Sampton

Lugues

l'airobo Copenhagen Dublin Esburgh Flurre

Luror 31arit

Thorming

Asta Realties "A", Sh.. $140. Asin Realties "B" Sh.$20 n. Chinese Estates, $85 b, ex div. China Realties,' Sh. $15. China Debentures, Sh. $137 n. Public Utilities.

Change

New York Cotton:

China bought and sold.

October

12.78.

12.77 12.79

December

12.89

12.92 12.99

January

12.01

12.93 12.95

March

13.06

13.08 18.07

May

13.10

13.11 13.12

Monte Carlo

Vienas

Hanlin

Voning

July

13.18 13.18

Takohem Zurich

Spot

12.85

12.72.12.73 12.83. 12.84 12.85:12,86 12.98 12.99 .18.05 13.07 13.10 13.10

12.80

0.05 off

steady.

0.05"

London Gold 137/114.

0.05

rate).

0.07

tp

0.03.

pricel

0.05

New York Silver:

September

46.40

October

46.46

46.55

46.80

*47:30

47.80.

46,30 46.45 unquoted 47.10 47.10

unquoted 47.10 47.60 48.10 48.10.

48.26 46.25 46.99 46.38 46.50 46.50 46.76 46.75 47.26 47.25 47.75 47.75 60 lots.

0.15 off

0.12

0,05

"

0.05

0.05"

October...

December

15.21 15.42

14.50 14:45 14.45 14.73 14.60 14.60 14.85 14.75 14.75 15.08 ·14.92 14.99 15.03 15:09 15.80 15.80

14.66 14.68

Branches of American Express Com pany in Principal cities of United

The Bank has Correspondante in all the principal States of America and Canada. Commercial Centres throughout the world.

HONG KONG BRANCH:

Y. OHNO,

Manugar.

Des Vs Road Centrs. Hong Kong, December 24, 1951.

All classes of Commercial Banking Transactions undertaken.

Personal investment accounts handled,

The Company offers to intending THE YOKOHAMA SPECIE BANK Travellers the use of its "Travelora Cheques" and Letters of Credit and, In addition, the world-wide services of its thoroughly equipped Travel' De- partment.

LIMITED.

Established 1880 ·

·

Capital (fully paid-up) Yen.100,000,000

Reserve Fund

...Yen.122,750,000

Head Office:-YOKOHAMA

Branches and Agencies at:

Fangtien (Mukden) Rio de Jeaelro

San Francisco...

Alexandria

Batavia

Nagasaki Nagoya

Berlin

New York

Bombay

Osaka

Calcutta

Paris

Canton

Dairen (Dalny)

Peiping Rangoon

Hamburg

Battle

Hong Kong Honelalu

Semarang Shanghai

Hainking

Karachi

Kobe

Tientsin

London

Tokyo

Los Angeles

Taingtau

Mazila

Yingkow

Hoff

Singapore

Soarabara Sydney

Labarat allowed on rent: "Ac

Deposits received for fixed periods

C. IL BENSON,

General Manager.

H.K. Tramways, 321.65 b. Peak Trams (old), $15 . Peak Trams (new), $7 n.. Star Ferries. $102% n. Yaumati Ferries, $21 b.. C. Light (old) $8.85 b. C. Light (new) $8.45 b. H.K. Electrics, $71% b. Macao Electrics, $25 a. Sandakan Lights, $8 n. Telephone (old) $25 n. Telephone (new) $11.90 b. China Buses Sh. $18.20 a. S'pore Tractions, 57- b. Singapore Pref., $17/6 b.

Industrials.

Malabon Sugars, $12 m. Cald: Macg. (ord), Sh. #21: n. Cald: Macg. (Pref.), Sh.6191⁄4n. Canton Ices, $2.70.n. Cements, $2.70 0. H.K. Hopes, $41⁄2 b.

Stores, etc. Dairy Farms, $26 sa.

Is It Insured?? Watsons, 86.45 b.

Insurance All Classes LOWEST RATES American Asiatic Underwriters Fed. Inc., U.S.A. General Agents

Head Office

17, The Bund

Shanghai.

Zald

H.K. Office Asia Lifa Buliding Tel. 30234.

Bring Your PRINTING

at rates to be obtained on application Problems to Us

"O, KISHINAMI,

Hong Kong, 11th April, 1984

Manager.

THE NEWSPAPER: ENTERPRISE - LIES

Der. A. Wings, $5 n. Lane, Crawfords, $4.80 m.. Mackinteshs, Bắc Bộ Sinceres, $10.30 a. Wm. Powells, 70 cta. n. Wing On (H.K.) $108 n.

Miscellaneous; H.K. Amusements, $4 n. Entertainments, 371⁄2 b. S.C. Enterprises, $1b. United Theatres, 8h. $2 n. Macao "Greyhounds," $2 n. Construction (old) $1.60 b.' Constructions, (new); 75 ets, b.

78 cts 88.

HK Govt. Loane, $81% prém. b. Wallace Harpers, 87% n. Ch. Govt. 5% 1926 G$Bds-

*$85% 0.**

Gold River 24 cta. b.

Govt, Loan. 2% prera. b.

December

January

March May

Total sales: New York Rubber:

July' September

January March

Total sales:

Chicago Wheat:

July

September

14.21 14.21 14.27 14.28 14.41 14.41

14.77 14.77 16.00 15.00 788 Jots,

96% 96%

December

98 98% 98% 991⁄44 99% 99% 100% 100% 100% Wednesday's sales

97% 97% -994 99%

Chicago Corn:

July

644 64% 64% September ... 60% 064 66 December 894** 68% 6824

Total sales: Winnipeg Wheat:

July October December New York Sugar:

September

December

March

Total sales:

0.05

ig. off 0.29

0.45"

0.14" 0:40 " 0.44 *** 0.42

14, off 1% 11⁄2"

39,890,000 bushels

"

68% 68% 1% off 654 65% 14 68% 684 -1 24,670,000 bushels

13% off 11⁄2

87% 843% 84% 3015 86% 86% 8715 874 87%

1.70 1.70 1.70 11.76

1.75 1.77 *1.80-- 1.80 1:80

88% 89% 8134 85 86

1.70 1.70

86%

13%

unchanged

"

1.76 1:76

1.80 1.80

24,000 tons:

1.09

September

December

1.10% 1:14

0.01% off 0:02

February

Total sales:

Metals:

Copper, Ost Tin, Oct.

-6.85 61.55

New York Silk:

July.......

1.09 1.09 1.09109 1:13 1.1831.12%1⁄2 1.121⁄21⁄21⁄2 1.141.14

1:18 1.12%

100 Tota

6.34 51,80

Last Record.

London Silver Spot 20-1/4 and For-

werd 20-3/8/

China bought and sold. Quietly, steady.

London Gold 138/...

London/New York Rate 5.03-15/18

(2 p.m.`rate).

Terms: Cash on Delivery.

F

LAMMERT BROS.,

Auctioneers.

Hong Kong, 20th July, 1984.

London Forecast Of American Markets

Although the situation has not materially changed, yesterday's late-

Liverpool Cotton-Oct. 6.62 (1 p.m. rally in Wall Street is expeated.to.con-

price).

Liverpool Wheat-Oct 5/6 (1 pm by the statement made by Mr. Kennedy,. tinue owing to the good effect created

|price).

London Rubber-Oct-Dec. buyers, 7-1/4 sellers Opening. London Rubber-Oct.-Dec.. buyers-Noon Market steady.

Chairman of the Stock Exchange Con- 7-178 trol Commission.

Lower cotton and rubber prices are 7-1/8 anticipated.

Wheat prices are expected to be tem--

(Continued at Foot of Next Col) porarily easier.

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 –

7.ICE HOUSE STREET, HONG KONG;

Tel: Address: Selco:

Tel. 80101 and 90103-

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