1934-08-03 — Page 6

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION.

Antbord Capitat

Law and Priy Palfiup')

Bare Funda

Barling

--- $4,000,000

,000.00

£1,500,000

$1,000,0

Hammers Liability of Prepristone $20,000,000

AMOY

HEAD OFTICE: HONGKONG,

BANGKOK

BATAVIA

BOMBAY

CALCUTTA CANTON

BOARD OF DIRECTORS. ion. Mr. C. 0. H. Mackie

Chairman,

3. 11. Delwoll, Deg. Deputy Chairmani

G. Hinkin. Esq.

T. 1. 'auron. Reg.

V. M, Grapleurs, Erg. Phut trust.

INASCITES —

LONDON LANS

MALACCA

MANILA

MAR Hohore)

MORDEN

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA,

Incorporated by Royal Charter, 18353.

HEAD OFFICE: LONDON

| Hong Hat

THE CHINA MAIL, FRIDAY, AUGUST 3, 1934.

Commerce and Finance

2

LOCAL SHARES. BOARD OF TRADE

The following is the list of local £3,000,000 share quotations issued to-day:

Banks. H.K. Bank, $1825 ga.

Hebarang Feramba Shanghai Aizspare

Foreign Exchange and Ouneral Banking Budowa transacted.

.

IK. Bank (London), 135 'n. Chartered Bank £15% n. Mercantile Bank, A. & B £31 n., Mercantile Bank C, £13% n. Bank of East Asis, $84 n.

China O. Fin. Ord., Sh. $4 m. China O. Fin. Prof. Sh. $5 u. · Insurances.

Canton Ins., 288 b.

MISSION

[STEADY TONE

PREVAILS ON

WALL STREET

Silver Prices Rally On Buying.

RAILS RULE WEAKER

Little

NEW YORK STOCK EXCHANGE

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

New York, Yesterday. The following quotations from New York have been received by Messrs. B. E. Levy and the American Oriantal Finance Corporation. New York, To-day.

Last movement either way!

Cloac. Opening Neon (was recorded on the New York N.Y./London 5,03% 5:03 5:03 stock market yesterday Busi Cotton Oct... 13.14 13.08 13.08

Dec. [ness was dull, only 560,000 shares

being traded. Silver prices were Silver Sept... 47.00 Dee... 45.95 It is expected that the results higher.

Silk Dec. 1.12

German Solution Anticipated,

.101

►

Pald-up Capital

.£3,000,000

Reserve Fund

.£3,000,000

Reserve Liability of

Pin

prietors

Agencies and Branches:

Aloe B Amtitue Harko

Renroun

Haigon

13.24 13,20

Kareshi Kl

13,20 47.00

-EL30. Mr. W. FL. Jak

A. Gumpton, Esq. W. J. Krenwick, Bay.

R. 5. Starco, Em,

(obaj

Kobe

Caloutis

Kuala

London. To-day.

47.206

CanLon

Launpur

Fittswan

1.11b

Cawnporn

Kuching

Sourebys

C+ku

Madra

Taiping

Colorabe

Manila

Firstly

Peitl

Medan

Tongkah

Tuiphong

New York

Whisker]

Am: 0. Finance Corp., Sh. $20 a.

of the negotiations, now taking Industrials, utilities and bonds Rubber Sept.. 14.76 place in Germany with the Board Improved 30, .19 and 16 to 90.87,

14.73.

Dec.

16.14

.15.11

108

Jamburg

Paiping

Tregt

"Dee.

104%

Bankur

(Paxing)

70%

Herbla

Yering

Samboangs

Doc.

74%

73%

887*

34%

334

119

114

18%*

15

80%

28%

28%

27%

88

90% 9%%

11%

11%

46

23%

22%

18

18

21%

20%

14

14

434

15% 354

42% 15%

VER FOO

COLOR BO

DAIREN

FOLLOW BAIRDONG HAMBU

JEANKOW.

MARBEN

HONOREW

HOLLO

JROE

JOULE

KOWLOON

SEW YORK

PEPING

PESAÑO

HANGIRON

FAIGON

FAN FRANCISCO

KUALA LUMPUR

SHANGHAI

HIMARURE

KOURABAYA

SENGEI PATANI

TIENTSIN

TORTO

TSINGTAO YOKUHAMA

Chuettik Arcyunis opened in Local Currency Pizm Deposite recetat for and year of test petitals In Leoa: Company sed Starling cum with will be quoted on application Hong Kong, Ink April, 2936.

HONG KONG SAVINGS BANK.

Geral Arte opened and Pitad Deposita requited for one yaar or shorter parladı ne which will be qualed on upptiracion

W. H. É. THOMAS,

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

THE BANK OF CANTON, LTD.

Established 1912.

-Read Office:-Hong Kong,

Authorised Capital

Pald-up Capital Total Resources

$11,000,000 8,855,000 32,170,492

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

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

Current Accounts opened and Fixed Deposits received for one year or Das Budness of the abure flank in conduct:

[shorter perioda at rates which will bei aba ONO ZONO AND SHANGHAT

Bulos may be quoted on application.

Safe Deposit Boxes (various alzes)} for hire.

LOOK POONG GĦAN,

Chint Manager.

BABRING CORPORATION.

je un apdiensten.

FR THE HONG KONG AND BHASOHAÏ HARKING CORPORATION

V. S. GRAYBURN.

Chief Manager.

Hong Kong 20th February, 1951.

THE BANK OF EAST ASIA, LTD.

Buthelaed Capital

P Capital

.......$10,000,000.0

1,596), 2,136,000.00

TEAD OFFICE:-HONG ROND

Bra and Undivided Profi

12. Vat Road Central.

ARD OF DIRECTORS:-

Sir Shorean Clw, Calza

SAFETY FIRST! To Safeguard Your Valuables and Jewelleries. Deposit them in a Vault that is really: FIRE - PROOF BURGLAR - PROOF DAMP PROOF I

OUR SAFE DEPOSIT VAULT located on the Mezzanine Floor of

Les flan, E. P. R. Kwak. Ex. Wong Our New building is Specially Con-

Feu Dong Bay, Chan Clair Shek, Esq. Lestructed to provide all of these Im- Bang, Ang. Weng Cha Son, E. and Kan Ying PU, [4]

Kan Trg Po. E. Giet Manager.

The Fong, Eng., Seneger.

Manila

DRANCHES AND AGENCIES:-

Bratt Semarang hun

Yell

Siggspor bocaya Bwntow yalty

Ainay'

Elain

Bals

Nagarak?

Andrust

New York

Chester

Cald

Haptons

Perin

Jackow

Peiping

Halatu

Penang

Kulm Ka

Banyonh

Tientsin

Nalgon

Tokyo

Loun

Prencierg

VASCONTO

Tokohan

Taiboka

Eery deartiplies of Banking and Exchange Buduma trammited. fosys gemsted on approveed Declans

Cremal Account operard, In. local Currency mad Fred Deponis centred for me shur perioda o Loca and Foreign Currepelen www mine which will be quoted on application.

Hal Deposit Boxes To t

Theor

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

AMERICAN EXPRESS COMPANY, INC.

Head Office: 65. Broadway, New York

KAN TONG PO

Chiat anger.

Hong Kong. But March, 1964.

Capital Surplus Reserves

$6,000,000.00 2,087,112.89 1,995,629.31

BRANCHES:-

Enburg

Herother

רן דגן

Union Ins., $555 bi

China Underwriters, $1.80 b. China Fire Ins.. 610 m. H.K. Fire Ins.,.$250 b. International Assce. $0 p.

Shipping.

Douglases, $40.65 n.

H.K. Steamboats, $7 n. Indo-Chiñas (Pref.), $50 n. Indo-Chinas (Dof.), $38 m. Shell (Bearer), $45/71⁄2 n. Union Waterboats, $13.35 b.

Mining.

Antamoks, 60 a. Balatoes, $35 b.

18

40

of Trade Mission, which left Lon- 20.72 and 93,80, respectively. Rails Went Sept 103 don some days ago, will be an- declined 04 to 35.71. The commo- C. Corn Sept. 71% nounced shortly.

dity Index advanced .22 to 60.61, &| The two main objects of the new. 1933-54 high mark.

W. Wheat Oct. 88% negotiations are to secure a re- S. E. Levy And Company's Report STOCKS- laxation of the German exchange In their market report. Messrs. Amer Smelt .33% restrictions, and to discuss with S. E. Levy and Company, corres- Anse Copper. 111⁄4

Auburn the German authorities the gener-pondents for Messrs. White, Weld Balt & Ohio 15% Jal question of German commer-and Company, New York state:

J. I. Case elal debts. On

of the question "Stocks: The general feeling con-Con Gas N.Y. 28% axchange restrictions an agree-tinues to be somewhat better, with Gen Motors ment has still to be reached, but expectations stili centred on possi-Du Pont... 88%

Int Tel & Tel 9 5 solution is anticipated. British bie netion by the Administration El Be & Sh 11% Wireless Service.

Any constructive news might be ex-McIntyre 47 pected to cause an improvement in Mont Ward.. 28% sentiment, with a consequent up-Nat Distill 18%

N.Y. Central. 21 swing in prices. -

Soe-Vacuum. 144 "Bonds: Prices of high grades are Stan Oil N.J. 43 better due to short-covering, but the Un Aircraft. 15% volume of business has been small. U.S. Steel 35%

GREATER INTEREST

IN RADIO.

Baguio Gold, 47 cts. b., 46/47 U.S. Corporation Show

cts. sa.

Benguet consolidated $40 n. Benguet Exploration 19 cts. n. Benguet Goldfield, 20 cts. n. Big Wedge, 12 cts. n.

Gold Creek, $2 n.

Ipo Mining $2%1⁄2 n. Itogone $5 a.

Kailan. $18/9 n.

Langkats (Single) Sh. $21 a. S'hai Exploration, Sh. $5 n. S'hal Loans, 86% n. Raubs, $18.40 h. Venx: Goldfield, $7 n.

Docks. etc.

H.K. Wharves, $112 b. H.K. Docks, $13% b.

L

Providents (old)" $1.70 b. Providents (new), $50 cts, n. Hongkews. (old) Sh. $3121⁄2 n, Hongkewa, (new) Sh. $310 n.. New Engineerings, Sh. $5 m. S'hai Docks, Sh. $1261⁄2 n.

Cotton Mills. Ewos Cottons, Sh. $11.30 a. S'hal Cottons (old), Sh. $731⁄2 n. "S'hai Cottons" (new), Sh. $48 n.

Zoong Singa, Sh. $11% n. Wing On Textiles, Sh.$63 n.

Lands, Hotels, etc.

H. and S. Hotels, $5.70 b. H.K. Lands, $571⁄2 b.

H.K. Realties, $5% n.

Unusual Profit.

SPECIAL TO CHINA MAIL

(Bu Telegraph, Copyright, Telegra phic Messages Ordinanze, 1834. Iceived August 3, 9.42 a.m.)

Second-grades are slightly better.

283

*NEW ADVERTISEMENTS

PUBLIC AUCTION.

THE

Undersigned have received instructions to sell by Publiq.

Auction'

ON Wednesday,

the 8th. August, 1934 Commencing at 5.15 p.m.

at their Sales Room, 4, Duddell Street.

A Fine and Valuable Collection of

On

Postage Stamps

View from Tuesday, the 7th, August, 1934.

Terms: Cash on Delivery.

LAMMERT BROS.,

Auctioneeri

Hong Kong, August 3, 1934,

LOCAL DOLLAR ADVANCES.

Silver Prices Improve.

The local dollar has advan-

ced opening on demand this morning at 175%.

Spot silver has advanced and forward 3/16, closing prices yester-- day being 20 9/16 and 20 11/16, respectively.

rate

35 West E & M . 31%

The London on New York cross- 31% 81

rate, which eleaed at £-U.S.$6.03% "Cotton: Conditions continued

London Prices.

on Wednesday, closed yesterday at quiet, with very little outside. In-

The following quotations from Lon--U.S.$5.08%, while the New York terest. The market is now await-don were received last night between

Un London ing the issuance of the forthcoming 5.30 p.m. and 10.30 p.m.

closed at. Re-Government crop report.

London Silver:-

U.S.$5.03%, as compared with Silver Sport 20-7/16 (last close), -U.S.$5.08% on Wednesday, "Silver: Prices were higher on 20-8/16 (last record), 1/8d up renewed buying by Government (change). The Radio Corporation reports a sources.

Silver Forward 20-1/2 (last clone), second quarter profit of U.S.$635,-

up "Rubber: The market was strong. 20-11/16 (last record), 3/16d 856, as against n previous loss of Renewed trade and speculative buy- (change).

Gold 138/1 (last close), 138/2 (last U.S.$1,285,725, and loss of ing combined with short-covering record), 1d up (change)." U.S.$790,048 for the corresponding created an upswing, which we be. London/New York Rate 5.03-1/4 quarter of last year.-United Press. per S. E. Levy and Company.

New York, To-day.

n

(Continued on Page 9)

LATEST QUOTATIONS

New York, Yesterday.

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

New York Cotton:

October 7,

Clange

21

+

'i

29

1/16 down (change).

SMALL INDUSTRY CAPITAL.

(last close), 5.03-3/16 (last record), Questionnaire To Decide-

On New Measures.

Liverpool Cotton Oct. 6.82 (laat close), 6.84 (last record), .02 up

((change).

Liverpool Wheat-Oct, 5/9-5/8 (last) close), 5/10-3/4 (last record), 1-1/8d up, (change)

London Rubber-Oct-Dec. 7-1/4 (last close), 7-1/4 (last record), un- changed (change).

London Rubber-Oct-Dec.

-

U. S. COMMERCE SITUATION

P

SPECIAL TO CHINA MAN

(By Telegraph, Copyright, Telegra phie Messages Ordinance, 1894. Re- 7-5/16 ceived August 3, 5.10a.m.)

(last close), 7-3/8 (last record), 1/16d up (change).

Washington. To-day,

13.09 13.09 0.05 off 13.21. 13.21 0.03 " 18.25 13.20 0.03 13.36 13.36. 0,03 13.49 13.43 0.04

nat expected to higher the recent im 19.48 13.49 0.06

provement In Wall Street, which 13.20 unchanged should continue to be buoyed up the

The Census Department has sent A forecast from London on the to 1,600 manufacturers, & ques- probable trend of the New York, markets states:-

15.69 16,70 15.94 15.94

December

January;

March

May

July

August 1

Closing Opening

13.14 13.08 13.09 13.24 13,20 13.21 18.2818.23 13.28 13

18.36 13.36 13.47 13.42 13.42 13.52 19.46 13.46

August 2.

Closing

Spot

13.20

New York Silver:

S'hai Lands, Sh. $251⁄2 n. Metropolitan Lands, Sh. $14 n.. Humphreys, $10.40 8.

September

46.70

46.62 46.99

October

48.76

46.60 47.17

December

·46.95

47.10 47.15

January

47,00

unquoted

Amsterda Anup

О

Blancom

MED New

Asia Realties “A”, Sh. $140 m. Asia Realtics."B" Sh.320 n.

March

47.80

47.79-47.79

May

48.00

Albom

The Usque

Naples

ABSURD

Havaia

Piramus

Chinese Estates, $85 b.

Total sales:

48.20 48.20

50 lots

47.16 47.15

0.45 up 47.17 47.17 0.41 47.30 47.30 0.36 47.47 47.47

0.47 47.80 47.85 0.05 48.30 48.38 .-0.38

Bexle

Patin

China Renities. Sh. $15

B.

New York Rubber:

Berlin

Haver

Bombay

China Debentures. Sh. $137 n.

September

14.76

Bremon

lator line

Огимна

Jerusalem

忠心

Public Utilities.

October

14.38

Calro

Loodan

Shingh.

IK Tramways, $21.35 b.

December

15.14

14.74 14.74 14.85 14.86 16.16 15.17

14.95 14.96 15.08 16.08 15.84 15.84

0.20 up 0.20 0.20

Calcutta Cantre Colombo

Liverpo Tatarati Lugeso

So-date Bin

January

15.26

15.20 15,29

15.46 1676

0.20

*

Tienis

Copenhagen Dublin Edinburgh Florrube UDITA

Harseiling

Monta Carlo

Manila

Munich

Torning Vienna Vanicn Yokohama Burich

March

15.48

15.48 15.50

•

0.22

May

15.74

15.75 15.75

Total nalen:

419 lots

Chicago Wheat:

September

103

December

May...

1071⁄2 51,683,000 bushels

103 103 105% 105 -107 107%

.0%

0% up

0% off

Chicago Corn:

September

*714 71% 71

0% off

December

74/4

0%

#7

May

78%

0%

#7

Total sales:

Winnipeg Wheat:

October

*88%

90% 89%

8834-884

December

004

91

91

90 00

May

943%

95% 95

93% 97%

0% off 04 0%

15

New York Sugar:

September

1,77

1.77 1:77

December

1.82

1.88 1:83

March

1.86

-Total sales:

1.79 1.79 1.84 1.85

0.03 1.86 1.86 .. 1.87 1.87 :-0.01

28,000 tons

0.02 up

43

13

New York Silk: ·

September

1.08%

December

February

1.12 1.12

103 103 104% 105% 105%

1074 107

Wednesday's Sales-

7094 70% 74% 74

73% 73% 78% 784 77% 78 20,252,000 bushels

0.20".

tionnaire

to determine whether

The news from Germany which has new measures are needed to sup... not affected the London market, is ply small industry with capital.

strength of grains,

The Secretary of Commerce,

Mr. Daniel C. Roper, said that bankers are refusing, loans, des

col.

On the commodities markets, higher pite apparently substantial wheat prices are anticipated in splateral relations. preciation of crop damage. A stendy

"We want to find out how ser cotton market is expected, while easterious the situation really is," he rubber prices are anticipated.

London Silver Report: India bought, declared.-United Press, per S. E. China sold, Closed quietly steady,

TANDA DUE TO-MORROW

Levy and Company.

TELEGRAPH. SURVEY The Federal Communications Commission has sent a question- aire to the telegraph companies regarding the rates of services The 8.8. Tanda left Manila for and contract relations with leased Hong Kong on Thursday and is due wire customers, United Press, here at daylight to-morrow. per S. E. Levy and Company.

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

THE BANK OF TAIWAN, LTD.

Head Office:-Talhoku, Formosa, Incorporated in Japan by Special Imperial Charter, 1899.

Central Bank of Formosa, Notes

issued Average amount Y.45,000,000 |

Branches and Agencies. Japan:-Kobe, Osaka, Tokyo, Yoko- hama, Keelung, Makong, Nanto, Shuka, Sinohiku, Taichu, Tainan, Taito, Takao, Tamsui, Toen. China:-Amoy, Canton, Foochow, Han-

kow, Shanghai, Swatow, Others: Bombay, Hong Kong, London.

Houtrus

ww

Branches of American Express Com- pany In Principal cities of United New York, Singapore, Batavia, States of América and Canada. Samarang, Soerabaya, Dalren.

On and After April 20th, 1934, the All classes of Commercial Banking rate of Interest on Special Current Transactions undertaken. Deposit will be at 1% p.a. on daily! balance and the rate for balance over

Personal investment accounts | $10,000 will be quoted on application handied,

Maximum rate--14).

Y. OHNO,

Manager.

Hong Kong Branch

3, Des Voeux Road, Central.

THE YOKOHAMA SPECIE BANK

LIMITED.

P

The Company offers la intending Travellers the use of its "Travelers Cheques" and Letters of Credit and, in addition, the world-wide services of its thoroughly equipped Travel De- partment.

C. H. BENSON,

General Manager.

Capital (fully paid-up) Yen.100,000,000 Is It Insured?

Beserve Fund

Yen.122,750,000

Branches and Agencies at:

Alexandria

Batavia

Berlin

Canton

Dairen (Dalny)

Fengtien (Makden) Rio de Janeiro.

Insurance—All Classes LOWEST RATES American Asiatic Underwriters.

Fed. Ino, USA":

General Agonta

Nagasaki Nagoya Now York

Osaka

Head Office,

Paris

Peiping

Rangoon

17, The Bund, Shanghai.

Hamburg

Bankow

Harbla

Hong Kong Honolulu Hsinking

San Francisco Seattle Semarang Shanghai

Kobe

Tientsin

London

Tokyo

Los Angeles

Tsingtau

Manila

Yingkow

Moji.

fnbusst, allowed on Current

Ao

ENIENT.

Karachi

Deposits received for fixed reclods

OKISHINAMI.

Peak Trams (old), $15 n. Peak Trams (new), $7 n. Star Ferries, $1021⁄2 n. Yaumati Ferries, $214 b.

C. Light (old) $8.85' b. C. Light (new) $8.45 b. H.K. Electrics, $72 98. Macao Electrics, $25 n. Sandakan Lights, $8 n. Telephone (old) $25 s. Telephone (new) $11.90 n. China Buses Sh. $13.20 m. S'pore Tractions, $5/- n. Singapore Pret., $17/6 b.

Industrials,

Malabon Sugars, $11 n. Cald: Macg.'(ord), Sh. $21 a. Cald: Macg, (Prof.), Sh.$191⁄4n. Canton Ices, $2.70 n.. Cements, $2.70 b. H.K. Ropes, $4.60 a.

Stores, etc.. Dairy Farms, $25.90: b. Watsons, $5.70 buyers. Der. A. Wings, 31 n. Lane, Crawforda, $4.30 n. Mackintoshs, $21 n. Sinceres, $10 n. Wm. Fowells, 70 cts. n. Wing On (HK) $108 я. Miscellaneous...

H.K. Amusements, $4.. Entertainments, $71⁄2 B.. B.K. OfficeS.C. Enterprises, $1, b. qu

Asia Lite

United Theatres, Sh. $2 n., Building Tel: 30284

Macao "Greyhounds, $2, Constructions (old) $1.65 b. Constructions (new), 75 cts.. b.. HK. Govt. Loans, 64% prem. b. Wallace Harpers, $7% n

INFLATION MOVE

(Continued from Page 1).

He declined to estimate the amount of silver certificates

Ch. Govt 5% 1925 G&Bds-

Gold River, 24 cta. n...

asuable above. U.S.$50,000,000. 17 Augu

It would, he added, depend on the 62,000,000 ounces of silver which amount of further silver, purchaans have cost the Government U.S.$47,-

DOLLAR CERTIFICATES

035,936,

He said that the Treasury would. Each ounce is eventually, expect-

arter to be obtained on application issue one dollar in certificates for ed to back, U.S.$1.20 worth of cer-

every dollar spent in purchasing all-ig s dod word pajun-seen! Manager. Hong Kong, 11th April, 1984. Iver The Treasury at present owns Levy and Company.

Total sales:

New York Metals:

"J

Copper, Oct. Tin, Oct.

Capital

July BO.

6.33

$1.70

August 2. 6.26 51.80

THE SHANGHAI COMMERCIAL & SAVINGS BANK, LTD.

** SAVINGS DEPARTMENT- CONDENSED BALANCE SHEET AS AT, 30TH JUNE, 1934.

Reserve Fund.. Deposits:

Current

Fixed

LIABILITIES

Gift Boads (Savings Certificates) Accrued Interest Payable

Net. Proft for the Half Year

ASSETS

***500,000.00 -600,000,00

Cushi

In Hand

$29,772,636.60 8,362,323.32

88,134,961.32 443,493,07 204,545.62

133,630.94

At Commercial Department †investment at Book Value "Loans Secured intervang. Accrued'Interest Receivable Accounts En Route

$4,440,207.28 8,009,994.95

$13,450,203.24 $11,707,222.39

* 14,449,021.59

$40,016.627.09.

The publication of the Financial Condition of our Savings Department

the National Government of China;:

HONG KONG BRANCH: No. 7, ICE HOUSE STREE

269,498.40 148,690.47.

6,637.09

quarter is made statutory by "the" Ministry of Finance

ĮPHONES: 31481-82-83.

!

.י

Established 1880

Head Ofire: YOKOHAMA

1

unchanged

1.07% 1.07% 1.08 1.08 0.00% off 1.10% 1.12 1.11 1.12 1.12 1.12 1.11 1.12

'118 lots.

CORRESPONDENTS FOR WHITE, WELD & CO., NEW YORK

7 ICE HOUSE STREET, HONG KONG

Tel, 90101 and 80103

Tel.. Address; Selco