1934-08-11 — Page 8

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION.

Authorised Capital apomenuosak $50,000,000 Inued and ally Fald-up

Essarte Fundaz -

Staring at

Bilve.............. $20,000,000

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA..

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

Mocarta Lánktišty of P'esparialore ... 20,000,000

HEAD OFFICE: HONGKONO,

BOARD OF DIRECTOKS.

How. Mr. 0, 0, 8, Mackle

Chairma

R, Doll, Eay.

Deputy Chairman

HEAD OFFICE: LONDON

Paid-up Capital

£3,000,000

Reserve Fund

..£3,000,000

Reserve Liability of Pro-

prietors

.£3,000,000

Agencies and Branches:

Alor Star

Ticito

Mungbou

Amitier

Ipah

Anigna

Bangkok

KaTackl

Betparang

Batayla

Klanz

Beremban

AH. Compton, Fag.

Keswick, Eng.

R. B. Morrison, Esq.

Bombay

Robe

Flanghal

T. E. Poursa, Eng.

Calcutta

Kusla

Kingspor

Canton

Lumpur

Sitiawan

Cawnpore

Kuchlan

ROUTES

V. M. Graybara, Reg.

Coby

Taiping

Colombo

Manila

Tienlain

Jaibi

Medan

Tongkah

Hutpheng

New York

(lihukar)

Hambur

Pelpli

Tsingtao

antor

(hr)

Yolchama

Harbin

Yenang

Harl

Hon. Mr. W. H. BB.

. C. Bright, Esq.

AMUY

BANGRUR BATAVIA BUNDAY CALCUTTA

CANTON OLLEFOU DOLONI

DAIREN

POOCHLOW FLIPHOSO KANDURU HANKOW BARDIN

HONUKEW

110110

ICHORE

KOWLOON

4. Miskin, Kag.

Chief Manager,

BRANCH IS:-

LONDON LYONS SALAGUA

AANILA

MAR (horn)

SEKBEN

NEW YORK

PEIPINO

PENANG

BANGOON

HAIGON

SAN FRANCISCA

KUALA LUMPUR

*HANGHAI

SINGAPORE

UHADAYA

SUSGE! PATANI

TIENYSIN

TOKYO

TSINGTAO

YOROUANA

Current Accounts spreed to local Capturey dard Depilte recebred for one year of shorter periods in Lace Company and Bierling an terms which will be quoted on application. Hong Kong. 13th April. 134.

Hong Kang

||Foreign Exchange and Orsoral Banking builhasa transactad

Curreal Arounfa oposed, and Fixed Deposita received for one your or shoelar periode which will be quoted on appliemalon

W. H. E. THOMAS,

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

THE CHINA MAIL, SATURDAY, AUGUST 11, 1934.

LOCAL SHARES.

ommerce and Finance

TO-DAY'S QUOTATIONS.

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

Banks.

H.K. Bank, $1730 b.

H.K. Bank (London), 135 u. Chartered Bank £15% n. Mercantile Bank, A. & B 281 n. Mercantile Bank C, 213% n. Bank of East Asia, $84 n. Am: 0. Finance Corp., Sh. $20 m. China O.Fin. Ord., Sb. $4 n. China O. Fin. Prof. Sh. #5 ¤,

Insurances. Canton Ina. $290 n. Union Ins. $550 n. China, Underwriters, $134.

THE BANK OF CANTON, LTD. China Fire Ins.. $610 n. · ·

Established 1912. Head Office-Hong Kong Authorized Capital Paid-up Capital

Total Resources.

$11,000,000 8,455,000 32,170,492

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

Foreign Exchange and Banking

HONG KONG SAVINGS BANK. business of every discription trans-

The Business of the alaru Bank in conduei by HONG ROSO AND BILANGHAI BANGING CORPIRATION, Isilon may be abiained an applentios.

PO THE HONG KONG AND BUANOUA

DANGINO CONFORATION

V. M. ORAYBURN,

Ubiel Macag.

Hong Kough February, 1951,

THE BANK OF EAST ASIA, LTD,

Paid-up Capit

...14.000.000.00

Authorland Capital

Bad Undivated Profits

HEAD OFFICE-HONG KONG

1. De You Ised Central.

BOARD OF DIRECTORS:-

Bir Blouson Chow, Chairma

Il Roon. Chan, Erg., P. K. Kwok,

1,698,000.00 2,44,000.00

Wong

jacted.

one year

or

Current Accounts, opened and Fixed Deposits received for shorter periods at rates which will be quoted on application.

Safe Deposit Boxes (various aizde} for hire.

LOOK POONO STAN,

Chief Manag

SAFETY FIRST ! To Safeguard Your Valuables and Jewelleries.

Deposit them in a Vault

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

Tun Tong, E., Chan Ching he es OUR SAFE DEPOSIT VAULT

Sang. Fag., Wong Chu Son, Faq, and Ran Ying located on the Mezzanine Floor of

Fo. Esq.

Kas Toug Pe. E... Chief Manager.

14 The Fang, Esq., Manager.

BRANCHES AND AGENCIES:-

benjia

Melbourne

Bastile

Gatang Shanghai

Blog pore

Sourabaya

Bwaton

Balarin

Bombay Calcuits Centop Italphon

Nagasak

New York

Patia

Hankow

Pelping

Pena

Kabe

Rangoon

Tientsin

Kowloon

Kalgoo

Tokjo

Loadou

Sau Francia

Honolul

Talbotu

Vancouver Votobaras

Every description of Banking and

Exchan

Benton Lannacted. Lonna proated co approved actritio

Gurreal Accounts opened in Local Duheney and Fized Reports recored

Our New building is 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- tal.

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

THE

shorter parlors in focal and Foreign Currcelar AMERICAN EXPRESS - COMPANY,

terms which will be quoted on "application,

Rafe Deposit eres la let.

KAN TONO PO,

Chief Manager,

Boug Kour. Ist March, 1954.

INC.

Head Office: 65, Broadway, New York

Capital

THE BANK OF TAIWAN, LTD. Surplus

Resorves

$6,000,000.00 2,087,112.69. 1,995,528.81

Head Offles: Taihoku, Formoss, Incorporated in Japan by Special

BRANCHES:--

Imperial Charter, 1899.

Central Bank of Formoss, Notes

Amsterdam Antwerp

Gua

Olsigor

Milun tilco

Athene

The Hague..

Naples

Japan-Kobe, Osaka; Tokyo, Yoko-

issued Average amount Y.45,000,000

Branches and Agencies,

Ampan

HAYAR

Piraeus

Heribe

Hamburg

Farin

Berlin

FATTO

Pipin

Blomb

Heldalberg

Brethen Dragaju Cairo Calcutta Cantico Colombo

Interiskan

Jerusalers Londpa Liverpeal

3 Labdarile

Luxor

15 Ill Monta' Quelo sutta

Zurich

hama, Keelung, Makong, Nanto, Shoka. Sinchiku, Taicha, Tainan, Taito, Takao, Tamsul, Toen. China-Amoy, Canton, Foochow, Han--

kow, Shanghai, Swatow. Others:-Bombay, Hong Kong, Londen, New York, Singapore, Batavia, Samarang, Soerabaya, Dairen.

On and after April 20th, 1934, the

rate of Interest on Special Current

Cepenhagen Dubla Edinburgh Floreno Genera

Weelch..

Montrent

Betlerdam Fuku Sbaugha. Southampton Mogapuz Tientalu - Thornton Vleane Tarios Πολυδεπο

Deposit will be at 14% p.a. on daily 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-14).

Y. OHNO,

Manager.

Hong Kong Branch

3. Des Voeux Road, Central..

All classes of Commercial Banking Transactions undertake

Personal Investment accounts handled

THE YOKOHAMA SPECIE BANK Travellers the use of its "Travalice

LIMITED:

Established 1880-

Capital (fully paid-up) Yen.100,000,000 Reserve Fund .... ..Yen.122,760,000

Bead Once: YOKOHAMA

Branches and Agencies' at:

Alexandria Batavia

Berlin

Bombay

Calcutta

Canton..

Dairon

Nagasaki Nagoya

New, York Osaka

Paris Peiping

(Dalny).... Rangoon Hamburg (Mukden) Rio de Janeiro

Hankow

Harbin

Hong

Kong

Honolulu

Heinklag

San Francisco Seattle Semarang

Singapore Scersbaya

Shanghai

Bydney

Karachi

Kobe

London Manila

Angeles

Yingkow

Moff

Interest...llowed Deposits

efred-for

The Company offers to intending Cheques and Letters of Credit and

In addition, the world-wide - nuiryicon. of its thoroughly equipped Travel Dev partment.

H. BENSON,

General Manager.

THE MERCANTILE BANK OF INDIA LTD.

MANE HEAD OFFICE,

H.K. Fire Ins., $260 n. International Assce. $8 n.

Shipping.

Douglases, $40.65 n. H.K. Steamboats, $7 n. Indo-Chinas (Pref.), $30 n. Indo-Chines (Def.), $38 n. Shell (Bearer), $47/6 n. Union Waterboats, $13% b.

Mining.

Antamoks, 59 cts. b. Balatocs, $361⁄2 b.

Baguio Gold, 44 cts. b., 44 cts an. Benguet consolidated $40 n. Benguet Exploration 19 cts. n,” Benguet Goldfeld, 20 cts. n. Big Wedge, 12 ets. n. Gold Creek, $2 n. Gold River, 24 cts, sa. Ipo Mining $21⁄2 n. Itogons 35 n.

Kailan, 21/3 n.

Langkats (Single) Sh. $21 n.

S'hai Exploration, Sh. $5 a. S'hai Loans, 381⁄2 n. Rauba, $13.40 n. Venx: Goldfield, $7 n. Docks, etc.

H.K. Wharves, $113 n. H.K. Docks, $13 b. Providents (old), $1.60 b. Providenta (new), 350 cts. n. Hongkews, (old) Sh. $8121⁄2. Hongkews. (new) Sh. $810 n. New Engineerings, Sh. $5 n.. S'hai Docks, Sh. $125% n.

Cotton Mills.

Ewes Cottons, Sh. $10,85 b. S'hai Cottons (old), Sh. $78% n S'haf Cottons (new), Sh. $43% n. Zoong Sings, Sh. $111⁄4 n. Wing On Textiles, Sh.$63 n.

Lands, Hotels, etc.

H. and S. Hotels, $5.65 b. H.K: Lands, $56 an

S'hai Lands, Sh. $25 n.. Metropolitan Landa, Sh. $14 n. Humphreys, $10.40 m..

H.K. Realties, $51⁄2 ¤..

Asia Realties “A”, Shi $140 n. Asia Realties "B" Sh.$20`n¡ Chinese Estates, $85 b.

China Realties, Sh. $154 n. China Debenture, Sh. #187 n.

Public Utilities.

HK Tramways, $21.15 b. Peak Trams (old), $15 m. Peak Trams (new), $7 n.

Star Ferries, $10241⁄2 n. Yaumat! Ferries, $211⁄4 n.

C. Light (old) $8.90 s.

H.K Electrics, $714 8. Macao Electrics, $25 a. Sandakan Lights, $8,0 Telephone (old) $241⁄2 &. - Telephone (new) $11.80 n. China Buses Sh. $18.20 S'poro Tractione, 5/- u. Singapore Pref. 17/- b.

Industrials.

Malabon, Sugars,-$11 n!' Cald: Macg. (ord), Sh. $21-n.. Cald: Macg, (Pref.), "h.$191⁄4n. “ Canton-Icea, $2.70 n. Cements, $2.65 b. H.K. Ropes, $4.60 n.

Stores, etc.

EXCHANGES.

TO-DAY'S QUOTATIONS. On London

On T.T, and demand 1/6 4 months" sight ...

1/6 Credits 4 months'

sight

176%

On New York-

On demand

88%

Credits 60 days'

sight

On Paris

On demand Credita 4 months'

sight On Jadia

39

572%

605

On T.T. and demand 99%

On Shanghai-

On demand

109%

On Japan:~~~

On demand

126

On Manfia-

On demand

76%

On Singapore

On demand

687A

On Batavia-.

On demand

56%

On Saigon--

On demand

57%

On Bangkok.

On demand Eovereigna bank buy.

ing' rate

128%

1/64 20 15/10

nom..

Bar Silver per oz. ... Bar Silver fn Hong

Kong

Copper Cash

пот. Copper Cents

1% prem. Rate of Native Interest 3% P... Chinese Sub. Coln...

282% dig. Hong Kong Sub. Coln par.

.76 11/32

5.09

LONDON EXCHANGES.

London, Yesterday.

Paris

New York

Montreal

4.964

Brussels

21.42

Селета

15.41

Amsterdam

7.434

Millan

68%

Berlin

12.87

Prague

121 8/16

Stockholm

Oslo

Madrid Athens Copenhagen Vienna Helsingfors Lisbon

Hong Kong

19.39

19.904

36 13/16

525 Sellers 22/894 27:

SHARE MARKET.

Weekly Report.

Hong Kong Aug. 10.

Mr. G. A. Harriman's weekly

issued at noont yesterday.

CHURCHES

FIRST CHURCH OF CHRIST, SCIENTIST.

NEW ADVERTISEMENTS

PUBLIC AUCTIONS.

THE Undersigned have received

ON

Thursday, the 16th. August. 1934, commencing at 10.30 a.m.

share report and market review [Branch of The Mother Church instructions to sell by Publig

The Flist Church of Christ, Scien-Auction tist, in Boston, Mass., U.S.A.3

Macdonnell Road, Below Bowen Road Tram Station.

Sunday Service 11.15 a.m. Subject: SPIRIT.

The market during the past week has been dull and uninteresting, consequently trading

was very limited. With the exception of Wharves which wore in steady de- mand at $112.00, investment,coun-

The Sunday school is hold on tera ruled easier with Hong Kong Sunday Morning at 10 o'clock Lands suffering a substantial set-Wednesday Evening. Meeting at 6 back with shares offering freely at p.m. Reading Room at above ad- $55 due to the decreased Interim dress open Tuesday and Friday, 10 dividend. Hong Kong Trams open Thursday, 5.80 to 7 pm. The B.m. to 12 noon. Monday and ed with a buying rate of $21.85 but Public is cordially invited to at- closed slightly easier with enquiries tend the service and visit the and business done at $21.10. Hong Reading Room. Kong Electrics, after having been transacted at $72, were on offer at] $71.75. Telephones (old) had sel- lers at $24.20 ex the dividend of 40 cents Just paid. Minor issues were also slightly easter with Cementa done down to $2.60, China Lights! were easier around $8.85, and Hotels quiet at $5.60. Providents (old)

The following report was issued eased off to a buying quotation of by the Hong Kong Sharebrokers' $1.65 after business done at $1,80. Association yesterday afternoon:

marked Bank of East Asia $84 b.

H.K. SHAREBROKERS ASSOCIATION.

Stock Report.

Sterling Counters were lower due to a substantial rise in Underwriters $1.25 b; $1.30 sa. exchange, Hong Kong Banks chang Douglas $41% b.

ing hands at falling rates from Antamoks 60 cts. b; 61 cta s. 31815 to $1750 and Unions at Baguio Gold 44 cts. b; 46 cts. 8. $550/40. Philippine mining shares Bang Explorations 19 cts, B. " showed some activity. Antamoks

Gold Rivers 21 cts, b; 28 cts. s. came to business at 60/61 cents, United Paracales 2144 cts. b. Gold Rivers at 24 cents, and Baguio Hotels $5.80 b.; $5.70 8. Gold at 48 cents. The tone of the market at the close is dull.

Realtys $5.20 ́8. Business during the week has Providenta (old) $1.65 b.; $1.75 a. been done at the following prices: Trams $214. 8. Docks $13 b.

Hong Kong Banks $1750- Union Insurancès $540/550 Underwriters $1.80,

Hong Kong Lands $56/57.—-* Wharves $112/113.-

China Lights (old) $8.90. Hong Kong Electrics $72- Ewos S$11-

Constructions (old) $1.70. Constructions (new) 78 ets. Cements $2.60/2.70. Antamoka 60/61 ets. Gold Rivers 24 cts..

Baguio Gold 48 ets.

SOVIET UPS AND DOWNS.

New Contour Map In Preparation.

Moscow.

A large-scale contour map of the European section of Soviet Russia is being prepared by the Geomor phological Institute of the U.S.S.R. Academy of Science.

226

110%

Bucharest

503

Ric

44.

Montevideo

38*

Buenos Aires .... 301⁄2

Bombay

Belgrade

1/6 1/16 221

Shanghai

1/4 11/16

1/6%

1/24

21/7/16

21%

Warloan %

10434

---British Wireless Service.

• Sellers Official.:

Reuter.

LATEST QUOTATIONS

New York, Yesterday.

Yokohama

Silver Spot

Silver Forward

It is being made to show-how the hills and valleys were formed

Lights (old) $8.90. Lights (new) $8.40 b. Telephones (old) $24.20 s. Cements $2.55 b.

Constructions (old) $1.65 b. Constructions (new) 75 cts. b. Lane & Crawfords $410 b. Watsons $5.80 b.:

Gold $ Bonds 86% b. Govt. Loan 3%, 2% b. South China Enterprise $1.20 b.

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. $800,000, Head Ofice-Shanghal

A Bank having as its mission the Industrial development of China and the fostering of her commér- cial relations abroad. Hong Kong office-7 ·Ice House' St.

Phone 31481-2-3

Tel. "Shacombank”

at No. 11, Carnarvon Building. Kowloon.

A Quantity of VALUABLE HOUSEHOLD

FURNITURE (particulara as per catalogue) AIBO

One Upright Piano

On View from Wednesday the 15th., August, 1984.

Terms: Cash on Delivery.

LAMMERT, BROS.,

Auctioneer

Hong Kong 11th August, 1934.

THE Undersigned have received Tatructions to sell by Public Auction

ON

Tuesday, the 14th. August, 1934, commencing at 2.30 p.m.

at their Sales Room, No. 35, Hankow Road, Kowloon

A Quantity of?. VALUABLE HOUSEHOLD

FURNITURE

comprising:-

Chesterfield couch & armchairs, Teak hatstand, Teak sideboard [Teak extension dining table, Din- ner waggon, Dining chairs, Téak & Iron bedstead with mattress, Teak glass cabinet, Mahogany, wardrobe and Dressing table, Téak wardrobe, Teak dressing table,. Teak chest of drawers, Mantel clock. Brass ornaments. Tenk les chest, Gramaphone. Pictures, Teak & B. W. teapoya, Filter. Show case, Combination. Iron Safe, Teak | book case?” Typewriter," Vášes› and

Tea set etc. etc.

also.

A Quantity of Blackwood Furni ture and 1.Radio set

...and

A lot of sundries

Terms: Cash on Delivery.

On View from Monday, the 13th...... |August 1934.

LAMMERT BROS,

Auctioneers. Hong Kong, 11th August, 1934.

GENERAL NOTICES.

THE HONG KONG LAND INVESTMENT AND AGENCY CO., LTD.

EN INTERIM DIVIDEND of ONE DOLLAR AND FIFTY CENTS per share for the six months ended 30th Jurie, 1984, will be payable on TUESDAY, 28th August, on which date Dividend·· Warranta may be obtained on appli cation at the Company's. Offices, S. Chater Road.

NOTICE IS HEREBY GIVEN

when the earth's rust cooled down Is It Insured? ? the REGISTER OF SHARES

The following quotations have been received by Menara S. E Levy and Co. & the A.O.F.C.

August. 10. Opening Closing

Innarancs All-Clasies"

LOWEST RATESTI American Asiatic Underwriters Fed Inc USA. General Agenta

HE, OG

Asia, Life Buliding

Tel. 30284.

Printin

PEASONABLE

PRICIS

THE NEWSPAPER 'ENTERP

August 9. Closing

Head Office

C. Light (new) $8.30 b., $8.85 sa:

New York Cotton:

October December

13.83 13,96

January

14.01.

March

14.12

18.72 18.74 13.63 '13.64 -18.88 13.89 18.76.19.76 13.96 13.95 13.81 18.817 14:06 14.04 13.92 18.92

Change

0.19 off

0.20" 0.20"

17, The Fund,

Shanghal

May

14.18

14.10 14.11. 18.99 13.99

July

14.21

14.14 14.14

14.04 14:04

0.20 0:19. 0.17

Spot

13.95

13.75

0.20

(market closed)

New York Rubber:

September

15.05.

October

16.10.

Decembér

∙16.42

15,05 15.95 16.01. 16.05 16:89 16.40

15.67 15.68 15.81 15.81 16.10. 16.11

0.27 off 0.29 0.81

January March May

16,54

18.45 16.49

16.28.16.23

0.81

16.85

17.079

Total uales: Chicago Wheat: *September ¡December.

16.75 16,89 17.08 17.10 16.77 16.78

648 lots.

16:48 16.50

0,35

0.29

110%

113%

May

118 112 116% 115 115%

Thursday's sales:

Chicago Corn:

September December May

70%

79 80 8294 83 82 871⁄2 87 873

79% 80

88 83%

87% 875%

Total sales:

34,895,000 bushels

October

1947

95 94% 98%

December

96%

87-96%

May

100

100167 100% (99)

New York Sugar:

September

December

March (4

1.80 1.87 1923

1.79 1.79 1.78

13,000 tons

1.18

1.16%

$1.1457:114 Y 118 1131

Tel: 80101 and 30108.

1983 L1852 1.16% 1.17.

Dairy Farma, $25% 6. Watsons, $5:70. b: 1- Der. A. Wings, și-n, Lane, Crawfords; $4.80°n.

15, Groschurd Street, Boodos, E. Mackintoshs, $21 n.

Authorland Capital

Subscribed Capital

Paid-up Capital...

Reserve Fund & Rest DANKZB6 ||

$3,000,000

1,800,000

$1,050,000

1,247,4SK

The Baar England & Midians Bank, Ind

LUDEAKCHEER I Bangtok

* Now York

uang Port Louis

(Maurillum)

•Rangoon

Bombay Calou Ha Colombe Detal

Handy

Kota Bharu

Hoa Khác Howrah

--Kuala Lumpūria

Ananian (Falana), Dimin

Madras Bloppis

* HONG KONG, BHANCI Everydaripilon Deaking and Kachanes bil.

nema „transnated.

Travellers Chepen „Jorsað,

Trusted and De

taken

or

INTEREST - RÄÄvolvo"

The Desolu ̈us ; Balan - Ubat

under

Sinceres, $16 n. Wm. Fowells, 70 ets. n. Wing On (H.K.) 8108 m.

Miscellaneous," H.K. Amusements, $4 n;* Entertainments, $7%. S.O. Enterprises; $1. nag United Theatres, Sh. $2. Macao Greyhounds,” 12 n. Construction (old); $1,60, b.: Constructions (new);!78 cts. n. Chin Govt 5% 1925 GSB

85%

Winnipeg Wheat:

H.K. Govt. 4% Loan 5% prem. New York

Ser

HK Govt. 34% Loan 2% prem

Af rates to

obtained on

C- KÍSHINAKI

B

Manas

"Quien's Boid Ovato

Hong Kong, 11th April, 1984.

Hong Kong, 12th June, 1934.

Wallace Harpers) 37%

112

111%

1154 115

76,435,000 bushels.

of the Company will be: CLOSED from THURSDAY, 16th August, to MONDAY, 27th August, (both days › inclusive) during which period no transfer of shares can be registered. By Order of the Board of Directors.

LS. GREENHILL,-

Secretary,

Hong Kong 7th August, 1984.

THENEW FRENON REMEDY.

APION NO.

ERAPION N=2; PION NO.3

FILLS OF LIM Liver

100% 10934 109 109 1% off

S. E. Levy & Co.

UNDERWRITERS AND DISTRIBUTORS.

SECURITIES AND COMMODITIES BOUGHT AND BOLD ON COMMISSION

DAILY NEW YORK STOCK AND COMMODITY SERVICE

KeyMembers:

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: Seleb

1.79 01

- 1.87 - 187 -- - 1.80 - 1.86-

192 1,92 1,89 1.89