1934-08-10 — Page 6

A

BANKS

HONG KONG AND SHANGHAI

BANKING CORPORATION.

Authorized Capital

Terved and Fully dup

Berra Fuads 1 --

Blacflug Price

1 6,300,000

Sliver $10,000,000

$50,000,000

Roverre Liability of Proprietors 20,000,000

KEAD OFFICE: HONGKONO.

WOARD OF DIRECTOKA

fion. Mr. D., 8. Mačkis

Chatro

5. 11. Dolwell, · Eng. Deputy Chairsan.

How. Mr. W. 1. Hell,

A. Cumpton, Esq.

•.j. Krwick, Zaq.

d. D. Knight, Khq.

AMOY HANUKOK

BATAVIA

BOMBAY

CALCUTTA

CANTUN

Querun COLUMBU

DAIDEN

PODCHUW

HAIVIONG

SAMBURO

HANKUW

HADIN

TUNUKEW

ILUELU

7POSI

JOUORE

Ковк

KOWLOON

U. Slikkin, Fay.

..oa Eag

T. M. Pearce, Eng.

Y. M. Omybarn, Esq. ·

Chiad dager.

BRANCHES

LOSOON

LIONS

MALAC

MANIL

M15 Johore)

MUKDES

SEW YORK

PEIPINE

TENANO

RANDON

SAICHIN

SAN FRANCISCO

XUALA LUMPUR

SHANGHAL

SINGAPORE

SOURABAYA

SUNGEI TATAN!

TIENTSIN

TURYU

TSINGTAO

YAHOHAMA

Current Arronte opened in Loosi. Currency

and Pized theposita received for an you de aliorter periode 10 Local Company and Sterling on Latin which will be quoted on application. Hong Kong. 10th April, 1986.

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA. Incorporated by Royal Charter, 1853. HEAD OFFICE: LONDON

Salgue

THE CHINA MAIL, FRIDAY, AUGUST 10, 1934.

and

Commerce

Finance

TO-DAY'S QUOTATIONS.

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

LOCAL SHARES.

பு

Paid-up Capital

Reserve Fund

Reserve

Liability of Pro-

prietors

‚£3,000,000) £3,000,000

.28,000,000

Agencies and Branches:

Alor Star

Aarlar

Follo Ipak

H

Hengest

Karachi

Batavia

Kiang

BoThey

Calcaza

$3

Ceaton

| Campora

Lempar Kuching

N

Bourabaya

Cebu

Mar

Talping

Coleman

Mante

wtala

Delhi

Eman

Torghah

Haiphong

New York

buker)

Kambura

Pelplua

1in4140

flasków

(PAE)

Yokohama

JExbin

Tarant

Bone Root.

Zhang

Berstana

Arben

اهدای رعد ٤

Foreign Exchange and General Banking business transsolod.

Current Aunt spened, and Pized Depolis received for a year he alsorter prolida al rates which will be qunted on application.

W. H. E. THOMAS,

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

(THE BANK OF CANTON, LTD.

Established 1912.

Head Office: Hong Kong.

$11,000,000 8,055,000 32,170,492

Authorised Capital Paid-up Capital

Total Resources

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

Banking and Foreign Exchange

HONG KONG SAVINGS BANK. business of every discription trans-

jacted.

Current Accounts opened and Fixed one year or Deposits received. for Nu be

The B of the abure Bank is ocoduct. ed the HONG KONG AND SHANGHAI BANSING CORPORATION,

obtained on application.

PO THE HOSO KOSO AND SHANGHAI BASSING CORPORATION

V. M. ORAYBURN,

Chlef Hasagar.

Hang Kong, Mb Pabruary, 1984,

THE BANK OF EAST ASIA, LTD.

Authorised Capital

Paid-up Caplial

Beaute and Undivided Prafi

$10,000,000.00 82,454,000.00

HEAD OFFICE HONG KONG

12, De Souza Cate

BOARD OF DIRECTORS:-

Bit Bhoe son Chow, Chairma...

14 Kon Chua, Eng, P. K. Kok, D., Wong

Isa Ting. Eng., thiên Older brake Es

Sang, Bag.. Wong Chu Son, Pay, and

Po, Esq.

Kan Torg Pa. Esq., Chilet Manager. Li The Hong, Eng.. Blanger.

BEANCHES AND ADENCIES —

Manito

Melbour

Nagauti

Bottl

New York

Oxaka

Feberang shangha Stagspore bourabaya Balow

Macy

Amoy

Balavi

Bombs Calcuits Canton Haiphong Heskow

Honolulu

Forts

Feising

Tuboku

in t

Terung

Tiental

Kobe

Rangoon

Kowloon

Baigon

London

Sat Yantike

Tokya Vancouver Loko

Exchange

Beers devoription of banking and

alne transacted.

securities.

1 grassed on approved

Acogunta opened Love Currency

aharter periods at rates which will be quoted on application.

Safe Deposit Boxes (various sizes) for hire.

LOOK POONG SHAN,

Chisi Stango?.

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 Cosi- 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 Ben- tal.

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

THE

and Fixed Deposite resolved ice one AMERICAN EXPRESS COMPANY, shorter periods in Local and Foreign Currencies

en terms which will be quoted on application.

Rafe Deposit Sears To el.

KAN TONO Pa,

Banks.

H.K. Bank, $1750-‍8a,

H.K. Bank (London), 135 a. Chartered Bank £154 n. Mercantile Bank, A. & B £31 n. Mercantile Bank G, £18% n. Bank of East Asia, $84 L Am: 0. Finance Corp., Sh. $20 n. China O. Fin. Ord., Sh. 4 n.' China O. Fin. Pref. Sh. $5 .

Insurances. Canton Ine., 3290 n. Union Ins $550 s., and sa. China Underwriters, $1.30 sa. China Fire Ins., $510 n. H.K. Fire Ins., $200 n. International Assce. $6 n.

Shipping.

Douglases, $40.65 n. H.K. Steamboats, $7 n. Indo-Chinas (Pref.), $30 n. Indo-Chinas (Def.), $88 n. Shell (Bearer), $47/6 n. Union Waterboats, $13 b.

Mining. Antamoks, 602/61 cts. sa. Balatoce, $361⁄2 n. Baguio Gold, 48 ets. n. Benguet consolidated $40 n. Benguet Exploration 19 cts. n., Benguet Goldfield, 20 cts, a. Big Wedge, 12 cts. n. Gold Creek, $2 n. Gold River, 24 cts. sa. Ipo Mining $21⁄2 ¤. Itogona $5 n.

Kailan, 21/3 n

Langkats (Single) Sh. $21 m.

S'hai Exploration, Sh. $5 n. S'hai Loans, $61⁄2 n. Raubs, $13.40 . Venx: Goldfield, $7 n. Docks, etc. H.K. Wharves, $113 n. H.K. Docks, $13 b. Providents (old), $1.60 b. Providents, (new), 850 cta. n. Hongkews, (old) Sh. $8121⁄2 ̧n: Hongkews, (new) Sh. $310 n." New Engineerings, Sh. $5 n. S'hai Docks, Sh: $1251⁄2 n.

Cotton Mills.

**

„STOCK EXCHANGE

CONTROL

REPRESENTATIVES APPOINTED

COTTON CONTROL BETTER TONE ON US. DROUGHT

MAY GO

If American Farmers. Wish To Export

CARRY-OVER NEAR NORMAL

SPECIAL TO CHINA MAIL (By_Telegraph, Copyright, Telegra phio Mostagan. Ordinance, 1891, Be

Washington, To-day, First Step To Be Taken cetved August 10, 9.04 m.)

with After conferring On Monday,

Agriculture Department, off- cials yesterday, the Secretary

· of Agriculture, Mr. Henry C. Wallace, said that the Gov. ernment control over cotton may be relaxed in the new year, due to reduced produc tion.

SPECIAL TO CHINA MAIL (Ry Telegraph, Copyright, Telepra. phie Messages Ordinance, 1994, ceived August 10, 201 a.m}

Washington, To-day.

The Chairman of the Stock| Exchange Control Commission,, Mr. Joseph P. Kennedy has an- nounced that he is sending re-approximately normal.

Mr. Wallace said that the pro-

WALL STRRET Commodities Continue

To Soar.

BOND MARKET WEAKER

New York, To-day.

A sharp advance in prices fea- tured Wall Street yesterday, In-

CAUSES TIN

PLATE BOOM

Beef Canning Industry Filip

STEEL OUTPUT LOWER

SPECIAL TO CHINA, MAIL (By Telegraph, Copyright, Telepra

dustrials and rails were up 2.37 phio Messages Ordinance, 1894, Re and 72 to 91.34 and 34.65, res.ceived August 19, 0.04 m.) pectively, while utilities advanced!

59 to 20.69. Bonds were off 36 to 92-81.

New York, To-day.

The Journal "Iron Age" ésti- mates American production at

The commodity Index soared 1..27.5 per cent. of capacity due to pick up in tin plate demand for 126 to a new 1938-34 high mark of

cans to preserve the meal of 65.26.

S. E. Levy And Company's Report 7,000,000 cattle which the Gov In their market report, Messrs.ernment is slaughtering in con

[nection with the drought relief, It is estimated that the carry-8. E. Levy and Company, corres Jover next year will be reduced to pondents for Messrs. White, Weld otherwise, the outlook" is very, drab. Little tonnage for other and Company, New, York state:

"Stocks: Continuing agitation for uses is anticipated before Sep-

tember, gistration blanks for the stock blem is whether to produce further inflation is already reflected The Steel Institute has estimated exchanges, beginning on Mon

enough to enable the United in declining bond prices, the weak- day, as the first step in the GovStates to export her customaryness of the Dollar and the strength the July steel ingot production in ernment's stock market control 8,000,000 bales or to retire per- of commodities. Metal stocks re-

programme,

EXPORT QUESTION.

na-

the United States at 1.472.584

since April, 1938, and compared Mr. Kennedy said that the Commanently from world trade and ceived unexpected encouragement gross tons, the smallest output

produce only domestic consump-from 'the Government move mission was completing temporarytion.

tionalising silver. Whether the with 3,015,972 tons in June and 13.168.354 last July. It estimates rules for the registration of securi-

Government, moves.towards further ties- already listed on the stock The normal American con-inflation or again exercises restraint capacity at 26.75 per cent,, as com exchanges, which will be effective sumption is about 14.800,000 in order to accomplish the large im-pared with 52.68 per cent. In June-

and 53.30 last July. until July 1, 1936. New Listings, bales, of which 8,000,000 bales pending borrowings cannot be

Seven months output was 17,653,- however, coine under the permanent are usually exported.

promptly forecast. We anticipate 473 tons, as compared with 12,042, regulations.

It is indicated that if the further strength to-morrow, follow-742 tons in the corresponding farmers wish to maintain theired by profit-taking. Business done: period of last year.

Preventing Injustices.

on

-1,420,000 shares.

Dow Jones predicts that the "Bonds: High-grade issues were United States steelcorp's July,

He said that the Commission had share in the world markets in conferred representatives In Boston, 1985, the Government curb San Francisco, Los Angeles, Chi-production would be relaxed.unsteady, while second-grades were shipments, to be published to-mor

oago and New York Stock ex-United Press, per S. E. Levy and erratic. changes in order to prevent injus Company. tices in connection with the new licensing and securities require ments.

Representatives had informed him that the Commission's ideas were fair-United Press, per S. E. Levy and Company,

LOCAL DOLLAR ADVANCES.

CHECKING SILVER IMPORTS

row, are substantially below June. "Cotton: The cotton market was-United Press per S. E. Levy and strong on trade buying, prompted Company.

by the extreme dry heat in the South-West. Prices should work higher, unless Southern offerings in- crease sharply,

"Silver: Trading has been inde- finitely suspended and we are ceas-

BOARD OF TRADE MEMBERSHIP

Chicago, To-day.A Board of

ling to express any opinions. Bust-Trade membership was sold yester-

ness done: 181 contracts.

Consular Invoices In America

MORGENTHAU'S ́ORDER

SPECIAL TO CHINA MAIL. Silver Prices Improve.ges Ordinance, 1894, Re-rubber. We have been confidential- (By Telegraph, Copyright, Telegra-

|ceived August 10, 9:04 ani)

The local dollar has advan-

ced, opening on demand

this morning at 1/6%.

day for U.S.$9,500 which is an in- "Rubber: Prices are strong. The crease of U.S.$500 on the last sale. announcement of the nationalisationUnited Press, per S. E. Levy and of silver stimulated business in all Company. commodities, but more especially in

ly and directly informed that one of GENERAL NOTICES. Washington, To-day. the biggest interests In the Trade The United States Treasury is not following the advance and is Secretary, Mr. Henry Morgen-inclined to start taking profits on

Spot silver has advanced %, and thau has issued an order requir- the scale up. Business done: 1.110 forward silver 7/16, closing prices Jing, Consular invoices on all sil

lots..

"Wheat: Prices are higher The

of both yesterday, being 21 7/16. ver shipments into the United The London on New York cross-States exceeding U.S.$100. but rafe, which closed at £U.S.$6.- exempting silver: at present in Government wheat report is expect

THE HONG KONG LAND

INVESTMENT AND AGENCY

CO., LTD. INTERIM DÍVIDEND OF

05% on Wednesday, closed yester- transit, silver imported for re-ed to show but little change from ONE DOLLAR AND FIFTY It is recent private reports, but the wea- CENTS per sbare for the six day at U.S.$5.06%, while the export, and crude silver.

ther in the corn-belt has lately been months ended 30th June, 1984, will Ewos Cottons, Sh. $10.85 b.

New York on London rate closed said that the purpose is to pro- S'hai. Cottons (old), Sh. $431⁄4 n.

at £-U.S.35.08. 88

compared vide a check on the amount of most unfavourable, Purchases are be payable on TUESDAY, 28th S'hai Cottons (new), Sh. $434 with £-U‚Š $5.05% on Wednes-imports.--United Press, per S. E. suggested on any set-backs. Wed August, on which date Dividend nesday's sales:-55,529,000 bushels." Warrants' may be obtained on appli- Zoong Sings, Sh. $11 n.

day.

Levy and Company.

-Reuter.

cation at the Company's Offices, 5, Wing On Textiles, Sh.$63 n.

Chater Road.

Lands, Hotels, etc.

INC.

Chief biogor.

Head Office:55, Broadway,

Hong Kong, ut Karok, 1985.

New York

Capital Surplus

$6,000,000.00 2,087,112.89 1,995,528.81

S'hai Lande, Sh. $251⁄2 m. Metropolitan Lands, Sh. $14 p.

THE BANK OF TAIWAN, LTD.

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

Central Bank of Formosa, Notes

fasued Averago amount Y.45,000,000

Branches and Agencies. Japan:-Kobe, Osaka, Tokyo, Toko- hama, Keelung, Makong, Nanto, Shoka, Sinchiku, Telchu, Tainan, Taito, Takao, Tamaui, Toen. China:-Amoy, Canton, Foochow, Han-

kow, Shanghal, Swatow. Others: Bombay, Hong Kong, London, New York, Singapore, Batavia, Samarang, Soerabaya, Dalren.

On and after April 20th, 1934, the

rate of Interest on Special Current

Deposit will be at 14% pa, on daily

Reserves

BRANCHES:--

Amatordem

Antwerp

Gnos Glagow

Athena

Milan. Nice Naples

A

Piranua

Heatse Berlin Bombay Brera Frula

Paris

Palpia;

Calen

Capped

Colombo

Ton Hages

Reta Kamburg Hatte Heidelberg Interlaken Jerom Locdon

Calcutte

Liverpest

Lucerna

Lugend

Copenhagen Tutor Dublin Edicbargh Fiore Genev

Marmed Monte Carlo

Manlle Munich Montreux

Patrio Rafter dans Bida Ebieght. Fort100 Blappot+ Tatatu Taormina Vitam Venice Yokoham Zuricks

Branches of American Express Com-

balance and the rate for balance over pany in Principal cities of United $10,000 will be quoted on application States of America and Canada, (Maximum rate-144).

Hong Kong Branch

7. OANO, All classes of Commercial Banking

Transactions undertaken. Manager,

3, Des Voeux Road, Central.

Personal Investment accounts handled

The Company offers to intending THE YOKOHAMA SPECIE BANK Travellers the use of its Travelers

LIMITED.

Katablished 1880

Capital (fully paid-up) Yen.190,000,000 Reserve Fund.....

Yen.122,760,000

Head Office:-YOKOHAMA

Branchea and Agencies at:

Nagasakt

Nagoya

New York Osaka

Parte

Alexandria

Batavia

Berlin

Bombay

Caletta

Canton

Pelping

Dairen (Dalny)

Rungaon

Hamburg

Hankow

Fengtien (Mukden) Rio de Janeiro

Kong

Herbin Hong

•Honolulu Hsinking

cracht

San Francisco

Seattle

Shanghaf

Singapore Доставата. Sydney Tientsin

Angeles

Tsingtad Yingko Manila

Interact allowed on urent Ac

Cheques and Letters of Credit and, in addition, the world-wide services of its thoroughly equipped Travel De- partment,

C. H. BENSON,

General Manager.

H. and S., Hotels, $6.65 b. H.K. Lands, $56 sa,

Humphreys, $10.40 n.

H.K. Realties, $51⁄2 n. Asia Realties "A", Sh. $140 . Asia Realties "B" Sh.$20 a. Chinese Estates, 885 b. China Realties, Sh. $15. China Debenture, Sh.-$137 n.

Public Utilities.

H.K. Tramways, $21 b. Peak Trams (old), 815 ́n. Peak Trams (new), $7 n. Star Ferries, $1021⁄2 n. Yaumat! Ferries, $21 m. C. Light (ald) 88.90 s. C. Light (new) $8.40 b. H.K. Electrics, $72 a. Macao Electrics, $25 0. Sandakan Lights, $8 n. Telephone (old) $24.60 a.. Telephone (new) $11.80 n.. China Bases Sh. $18.20 n.. S'pore Tractions, $5/- n. Singapore Pref.,.$17/- b.

Industrials,

Malabon Sugars, $11 n.. Cald: Macg (ord), Sh. $21 n Cald: Macg, (Prof.). Sh4194. Canton Ices, $2.70 n. Cements, $2.65 b.. H.K. Ropes, $4:60_n.. Stores, etc. Dairy Farms, $254 b.

Is It insured? ? Watsons. $5.70 b.

InsuranceAll Classes LOWEST BATES American Asiatic Underwriters

Fed. Inc., U.SANSOL

General Agents

Head Office 17, The Bund Shanghal

ILK Office Asia Life Ballding

Tel: 30234

WALL STREET MEMBERSHIP

New York, To-day. A Wali

Der. A. Wings, $1_n. Lane, Crawfords, $4.80 n. Mackintoshs, $21 n... Sinceres, $10 mys Wm. Powells, 70 cts. n. Wing On (H.K.) $108 n...

Miscellaneous

HK. Amusements, $4 n.

Entertainments, $732 n- S.C. Enterprises, $1 n. ... United Theatres, Sh. $2 n. Macao "Greyhounds," $2 n Construction (old), $1.60 b., 1.70

"Constructions (new), 78 cts, u Ch Govt. 5% 1925 GSBd

$85% 11.

onits received for Axed periods Street curb membership was yester-H.K. Govt. 4% Loan. 64% prem.

at rates to be obtained on applic

Q. KISHINAMK

day sold for US$18,500 a decline

of U.S.$4,500 on the last

Hong Kong, 11th April, 1984

United Press, per, S. E. Levy and Company

LATEST QUOTATIONS

New York, Yesterday.

The following quotations have been received by Messra. 6. E. Levy and Co., & the A.0.F.C.

48.70 48.75 ⚫unquoted

49.15 49.38

unquoted

14.21-14.21 18.85

44

In view of Nationalisation of silver trading in futures' was suspended immediate ly. Closing prices were fixed at 49.96 for all positions.

181 contracts

15.50-16.51

August 8. Closing

Opening

August 9.

Closing

New York Cotton:

October

19.64

13.62 18.64. 13.82 18.83

December

15.86

13.78 18.81

18.96 18.96

Change

0.19. up 0.16

January

13.86

13.85 18.86

14.01 14.01

0.16

March

18.97

13.95. 19.97

14:12 14.12

0.15

May

14.02

14.02 14.08 14.18 14.18

0.10

17

July

14.07

14.06 14.07

0.14

Spot

13.75

0.20

"

New York Silver:

September

49.00

October

49.05

December

49.86

January

49.45

March

49.66

May

49.85

Total sales: New York Rubber:

September

15.55

15.95 15,95

0.40 up

October

15.69

unquoted

16.10 16.10

0.41 "

December

15.96

15.95 15.95

16.40 18.42*

0.46

#

January

16:08

16.04 16.04

16.54 16.54

0.46

March May

Total sale: Chicago Wheat?

September December May

Wednesday's sale Chicago Corn:

16.84 · 16.60

16.88 16.35

16.80 16.85

0.51

16.61-18,62 17.04. 17.07

0.47

1,110 lots.

109 109% 109

112 111%

115 114%

110 110%

111% 115

118 118%

116% 110%

11/2

55,529,000 bushels

September December May.

78%

764764 .79% 79%

334

794

79% 79% 8214 824

84%

844 844 874 87

3%

22,688,000 bushels

94.94% 94 95%

99

994 999

1.78 1.78 1.86 1.86 1.89 189

Total sales: Winnipeg Wheat:

October December May

-94% 94% · 96% 96% 99% 110-

September 96:

New York Sugar:

1.87. December. March 191

Total sales: New York Suk

1.791.80 1.87 1.37 1.91 1.92

18,000 tons.”

September 1.10 1.10 1,12 | December... 1.14 1.15 1.15 February ....1.141.15 1.16

Total sales

New York Metals

H.K. Govt. 82% Loan 2% prem

Wallace Harpers, $14m.s

Copper, Oct. Tin Oct.

1.18-1.18 1.16 1.17 1.18 1.16%

180.

Jots.

August 6

August 9.

6.44 51.80

$6.87

51.80

-0% up.

01/2

unchanged

0.01-up

0.022 up 0.08

0.024

Night Telegram' The following messages were re-] ceived in the night:

NOTICE. IS HEREBY GIVEN that the REGISTER OF SHARES Recalved through Router: "In the of the Company will be CLOSED West half of the cotton belt, in the from THURSDAY, 16th August, to South-West part of the grain belt MONDAY, 27th August, (both days and in a great bulk of the Middle inclusive), during which period no West, the heat is fiery and the tem transfer of shares can be registered, By Order of the Board of peratures are all above the 100's. The following temperatures have been registered Omaha 110, Kan- sas City. 108, Columbia (Mo.) 108, Ottumwa (Iowa) 114. The tor ridity is intensifying towards the North-East. In the Far West con- ditions are cooler, while the weather in Canada is clear and cool."

Received through United Press:

na "The American Treasury has tionalised silver at 60.01 cents. per ounce. The rise in the price of London silver is attributed to strong American: buying."2 €

Directora. L. 8. GREENHILL,

Secretary.

Hong Kong, 7th August, 1984:

THE SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED,

(Incorporated in China)".

Capital paid up...$5,000,000. Reserve fund....$4,000,000. Capital Savings Dept. $500,000, Reserve Savings Dept. $600,000. Head Ofco-Shanghai

A Bank, having as its mission the industrial development of China

|: "The following telegrams from New

York, cabled by Reuter, were re-and the festering of her commer

ceived last night!

· Favourable ・・・ factors before the

opening of the market were

(Continued on Page

elal relations abroad. YE Hong Kong office Ice House St. „Phone 81481-2-3 Ent

Tel. "Shacombank?”

S. E. Levy & Co.

UNDERWRITERS AND DISTRIBUTORS

SECURTITES AND COMMODITIES BOUGHT AND BOLD ON COMMISSION

DAILY NEW YORK STOCK AND COMMODITY SERVICE

Membere:

NEW YORK COTTON EXCHANGE A COMMODITY EXCHANGE INC.

CHICAGO BOARD OF TRADE

CORRESPONDENTS FOR WHITE WELD & CO. NEW YORK

ICE HOUSE STREET, HONG KONG

$30108

Ho