1934-08-22 — Page 6

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION.

met

Lued and Fully Paid up aga

Authorised Capital

Bonerra Funda 2-

Berllas

$50,000,000

20.000

Born Libility of Propsiature

HEAD OFFICE: HONⱭRONG.

BOARD OF DIRECTORS. Hop. Mr. C.. 8. Markle

Chairmen,

P. EL Dodwell, Eng. Deputy Chairisen.

Han, Mr. W. II. 2.

.. Complon, Esq.

W., Krick, Earp

G. C. Knight, Esq.

AMOT

BANGROK BATAVIA B01DAY

CALCUTIA

CANTON

CREMO

COLOSTO

BAIKEN

POOCHUW

HAIPHONO

HAMBU

HANEUW HARDIN

HON KEW

HAILO

IPOH

JOYORE

KOBE

KONOUN

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

$10,000,000

$20,000,000

Pald-up Capital

Reserve Fund

£3,000,000 £3,000,000

Reserve Liability of Pro-

prietors

£3,000,000

Agencies and Branches:

Alor Star

Hi

Banco

Ameltsar

Dakpan

Bangkok

Karachi

henanuk

Batavia

Klang

K... Esq.

ila:nbay

Kaba

Shanghai

Calcutta

Kunla

Canion

Lumpar

Sitised

Cawnpore

Kuching

Online

Colombe

Mankin

Deibl

jedars

Tongkat

New York

Tepun Eti (Bhakeri

Pelpin

Thinxteri

Yokolarna

Zamboanga

6. Minkly. Pay.

1. F. Foerts, Eng.

Y. M. Crapburn, Esq.

Chief Maungur.

BRANCHES:-

--

105108

LYONN BALACCA

MANILA

31A Jobora

YURDEN

NEW YORK

REIPINO

PENAND

RANGOON

NATION

SAN FRANCISCO

KUALA LUMPUR

SHASABIAL

ISSAPORE

SOGRAMAYA

SINGFI PATANI

DENTSIS

TOKYO

TSINGTAO

VOKOHAMA

of

Current Accourts opened in Local Currency and Fized Dinpoate received for ane your shorter perinde in local Company and Boring on torens which will be quoted au application. Hong Kong. 15th April, 2954.

Hankow Harbin llons ont

Prusz

Brembatt

Kimapen

Nauraunys

Forsign Endings and Orneval Banking business

tranteclad.

Current Acwoute oproed and Fited Depot

THE CHINA MAIL, WEDNESDAY, AUGUST 22, 1934.

and

Commerce

Finance.

LOCAL DOLLAR ADVANCES.

Silver Prices Steady.

The local dollar has ad. vanced opening on demand this morning at 1/64.

Spot and forward silver prices remain unaltered, closing prices yesterday being 21% and 21 9/16, respectively.

The London on New York cross- rate, which closed at £-U.S.$6.084 on Monday, closed yesterday at -U.S.$5.08%, while the New York

rate' closed London on W. H. E. THOMAS,

Acting Manager.-U.S.$5.08%, as compared with

£-U.S.$5.09 on Monday,

montred for a year or starter periodo al which will be quoted or applicatiew.

Hong Kong, 20th February, 1934,

THE BANK OF CANTON, LTD.

Established 1912.

Head Office: Hong Kong-

Authorised Capital

Paid-up Capital

Total Resources

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

EXCHANGES.

TO-DAY'S QUOTATIONS.

at

· LOCAL SHARES. TO-DAY'S QUOTATIÓNS..

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

Banks.

H.K. Bank, $1725 A.

H.K. Bank (London), £135 n. Chartered Bank £15% n. Mercantile Bank, A. & B £31 n. Mercantile Bank C, 813% ... Bank of East Asia, $84 n. Am: O. Finance Corp, Sb. $20 China O. Fin. Ord, Sh. $4 n. China O. Fin. Pref. Sh. $5 n,

· Insurances.

Canton Ins., $290 n.

Union In $545 b.

China Underwriters, $1.30 a.. China Fire Ins.. $510 n. H.K. Fire Ins., $245 n.

. Shipping. Douglases, $40.65 n. H.K. Steamboats, $7 n. Indo-Chinas (Pref.), 380 n. Indo-Chinas (Def.), $88 n. Shell (Bearer), 46/3 n. Union Waterboats, $13 n.

Mining.

Antamoks, 60 ctɛ. n.

Balatocs, $361⁄2 1.

Baguio Gold, 44 cts. n. Benguet consolidated $40 sa. Benguet Exploration 19 cts. u Benguet Goldfield, 20 cts. . Big Wedge, 12 cts. n.

Gold Creek, $2 n.

COLONY TRADE IN JULY

Imports And Exports Show Decrease.

DEPRESSION REFLECTED BY

7 MONTHS FIGURES

BRIGHTER TONE ON

NEW ADVERTISEMENTS

THE HONG KONG JOCKEY CLUB.

RACE FIXTURES FOR 1935. ANNUAL RACE MEETING. ¿

Saturday, 16th February Monday, 18th February Tuesday, 19th February Wednesday, 20th February, Saturday, 23rd February

1ST EXTRA RACE MEETING

Saturday, 2nd March

WALL STREET General Improvement In Prices.

INDUSTRIALS SOAR

Prices showed an upward trend The Statistical Office of the Ini-on the New York market yesterday, 'perts and Exports. Department industrials and rails advancing 2.13 jreports that the total imports of and 0.14 to 92.57 and 35.68, while merchandise into the Colony in utilities and bonds were up 0.38 and the month of July, 1934, amount-10.06 to 20.48 and 93.17, respective ed to a declared value of $29.7 y. The commodity index improved millions (£2.2 millions), as com-0.63 to 62.72, pared with $38.7 milions (£2.7 8. E. Levy And Company's Report 2ND EXTRA RACE MEETING

In their market report. Mesars. millions) in July of 1933; a de- crease in terms of local cur-S. E Levy and Company, corres

pandents for Messrs. White, Weld rency of 233 per cent.

Exports of merchandise totalled and Company. New York state- $23.2 millions (21.7 millions), as *Stocks:-The business outlook against $28.7 millions (£2.0 mil-remains obscure but the possibili- lions): a decreuse of 19.1 perity of credit expansion and better business in the Fall is being dis- cent.

purchases in months of counted by some For the first seven

The strength of! 1934, Imports totalled $226.2 mil- certain groups. lions (16.4 millions), as compar- Rails encourages traders who are ed with $297.6 millions ($19.7 mil-still more willing to play on the Mons) in the corresponding period bull side however but if public of 1933, a decrease of 24.3 per interest does not develop we ex- cent; while Exports were valued pect the market to remain with a at $1803 millions (£13.2 millione), dull trading range. as compared with $240.3 millione 680.000 shares,

"Bonds: High-grade Issues and (£15.9 millions) in the correspon-

easier, bonds were ding period of 1933, a decrease of Government

while second-grade issues 24.9 per cent.

The following table shows the strong. comparative figures of imports and

Merchandise Treasure

"Grains:-The

Business -

were

Wheat market

exports (including Treasure) dar-was good. Sales of Flour are at ing the months of July, 1934 and tracting increasing buying inter-

est and are also advancing eash. July 1933-

premiums. Offerings of Corn ara IMPORTS

July, 1934. July, 1933. very light. Business done: Wheat .$29,705,534 $38,664,439-27,062,000 bushels. Carn-13,-

2.131.304 7,519,389

228,000 bushels.

"Cotton:-There is a possibility ......$37,224,923 $40,795,743

EXPORTS

and alad a probability of fixing a July, 1934, July, 1933, higher loan value on Cotton and $23,240,797 $28,739,748 also some hope for a reduction ini

13.483,730 8,326,694

the processing tax, which is pro- .$31,557,491 $42,223,478 |moting new buying.

Total

$11,000,000 8,655,000 32,170,402

On London-

Foreign Exchange and Banking On Shanghai- business of every discription trona-

On demand- Acted.

4 monnibs' sight ..

sight

On T.T. and demand 1/6

1/6%

1/7

109%

64%

On Japan:-

On demand

128

On ladin-

On T.T. and demand 101

On New York

On demand

38%

Credits 60 days'

Gold River, 24 cts. n.

sight

40

Ipo Mining $21⁄2 n.

On Batavia-

Itogona $5 n.

On demand

56%

Kailan, 22/6 n.

On Paris

On demand

580

- Langkats (Single) Sh. $17% n.

Merchandise Treasure.......

Total

Credits 4 months

S'hai Exploration, Sh. 35 n.

eight

612

S'hai Loans, $6 n.

Raubs, $13.10 b.

On Saigon-

On demand

58

On demand

77

On demand

121%

Sovereigns bank buy-

Inspection Cordially Invited.

ing rate

1/6%

THE NATIONAL COMMERCIAL Bar silver per oz. ...

Bar Silver in & SAVINGS BANK, LTD.

21%

Hong

Kong

nom.

Copper Cash

nom.

Copper Cents

1% pram.

HONG KONG SAVINGS BANK.

The Holmen of the ahora Hank in conduct ad by the HONG KONG AND SHANOUAL

BANKING CORPORATION, Hulse may be solned on application.

FOR THE HONG KONG AND FRANGĦIAL BANKING CORPORATION

V. N. GRAYDURS,

Chist Manager.

Hoo Edug. 28th February: HOL

THE BANK OF EAST ASIA, LTD.

Authorfeed Cap(al

Fadd-up Capital

Barve aid Undivided Profits

$16,000,000.00 5.500.000.14. ....$3,485,000.00

HEAD OFFICE:-IGND KONG

12, Des Vs Road Central,

BOARD OF DIRECTORS

Sit Bha Chow, Chairma

Leon Chun, Esq., F. I. Kwak. Esq., Wong Tun Tong, Eng., Chan Ching Bhek. En Sang, Bail, Worg Cha Ron. Eaq, and Kan

Delaria

Kan Teng ro, Esq. Chiet Manager. 1. The Fong. Eaq. Hanger

BRANCHES AND ADENCIES:

Melbourne

Current- Accounts opened and Fixed On Singapore-

year or On demand Deposits received for one

shorter periods at rates which will be quoted on application.

Safe Deposit Boxes (various sizes) for hire.

LOOK POORG SEAN,

Christ Manager,

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 Specinily Con- structed to provide all of these Im-On Manila- portant Qualities.

You may obtain a Safe Deposit On Bangkok-- Box in this most up-to-date Vault for your own use at a very moderate Ren: Ital.

Calmulta

Canton Haiphong

Amay

Menita

Bombay

Magmakt

Feettle Semarang Shanghai

New York

Oraka

Singapore Sourabaya

Paris

Brutow

bydney

Hankow Honolulu Isabe

Proshof

Talboto

Thx proo

Tigridia

Halgon

Tokya

Lonton

San Francio

Vancouver

Yokchame

Kowloon

Pelpinx

Every description of Banking and Exchange

bi tranxetol.

Lotus granted en approved)

Corner of Ice House Street and

Des Voeux Road, Central.

THE

Rate of Native Interest 3% pa.

Chinese Sub. Coin ... 27% dis.

Decurios,

Current Accoubin opened in Lol Currency AMERICAN EXPRESS COMPANY, Hong Kong Sub. Coin par.

Bad Fixed Depoelta resized for one year or

sharter periods in Local and Foreign Curracia

tarme which will be quoted on application.

Bio Deposit Loses To t

KAN TONG TO.

INC.

Head Office: 65, Broadway, New York

·Chlef Manager.

Bang Bang. let March, 1984.

Capital Surplus Reserves

THE BANK OF TAIWAN, LTD.

Head Office: Taihoka, 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

hams, Keelung, Makong, Nanto, Shoka, Sinchiku, Taichu, Tainan, Taito, Takao, Tamaul, Toen. China:--Amoy, Canton, Foachow, Han-

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

On and after April 20th, 1934, the

rate of Interest

.$8,000,000,00 2,087,112.69 1,996,628.81

BRANCHES:-

Roterdam

Amsterdam

Autwory

Gense Glasgow

Athens Амова

The lagus

MILO Nic Noples

Berl

Berlin

Dombay

Bremra

Brescela

Cairo

Baro Bamburg Heure Beldelberg katerlaken Jerusalem London

Piraeun Patia

Paternig

Celovita Canner Colabo

Copenhagen

Edinburgh

Monte Carlo

Manila

Ganera

Hundch

Montreux

Fioreme

Liverpool Luceros Luguno to.ro Marnes

В Shoghi. Botha prom Blogapre Tientala Tamis Vienna Venice Yokohama Zurich

STEEL MERGER RUMOURS

Trust Construction And Republic.

SPECIAL TO CHINA MAIL. By Telegraph, Copyright, Telegra nkie Mensagea Ordinance, 1805. Re- ceived August 21, 12.40 am)

Cleveland, To-day.

It is rumoured that a merger be- tween the Trust Construction Steel Company and the Republic Steel Corporation is being negotiated.

The Trust Construction Steel

on Special Current Branches of American Express Com-Company, which is a concern with Deposit will be at 1%% pa. on daily pany in Principal cities of United a capital of $14,000,000, produces balance and the rate for balance over States of America and Canada. $10,000 will be quoted on applicatiru

(Maximum rate-1%).

Y. OHNO,

Manager,

Hong Kong Branch"

3, Des Voeur Road, Central,

handled.

light finished steel products. The Company has plants in Cleveland,

All classes of Commercial Banking Youngstown, and Detroit and owns Transactions undertaken.

large intereste inn the Trust Con- Person-e-l-Investment accounts struction Steel Company of Canada and Japan, and also in the Steel Pro- ducts Company of Japan-S. E:| The Company offers to intending Levy & Co., through Reuter. THE YOKOHAMA SPECIE BANK Travellers the use of its "Travelers Choques" 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) Yea.100,000,000 Reserve Fund........Yen.122,780,000.

Head Offices-YOKOHAMA

Branches and Agencies at: Alexandria

Batavia

Berlin

Bombay

Nagasaki Nagoya New York

Osaka

Calcutta

Paris

Canton

Dairen (Dalny)

Peiping Rangoon

San Franciaco

Hankow Harbin

Seattle

Semarang.

Kong

polata

Brinking

Karachi

(Mukden) Ria is Jeneiro

Kobe

London

Los Angels

Manila Moll

Bhangha Singapore Soerabaya Sydney Tientsin

Tsingtan Vingrow

Inserant - allowed on Carent Any

C. H. BENSON,

General Manager

THE MERCANTILE BANK OF INDIA, LTD.

HEAD OFFICE:

15, Grquaharth Slaves, London, 1.0.A.

Authorised Capital

Subscribed Capital

Paid-up Capital

Reserve Fund & Rest

BANKER&S

£3,000,000

1,800,000

1,050,000

*1,247,438

The Bank of England & Midland. Bank, "TAL.

BRANCHES |

Baszkok

Ipok

Bombay

Kandy

New York Pesang

Dalmatia

Colombo

Kota Bharu

Delk

Galla

Hour Hong Howrsh

Karachi

Headpla

Fort Loula *** (Mparibus)

Bagood

Kuala Tamper -: Bhanghai Xanten (Falang) Bala Madras: Blagaporn

·HONG KONG BRANCHA

Crocy doserpiles at Banking and Exchange bust-

Trustee and Executorships under

GINTKEZET - Slowed, or. Ostrva,

Deposita received for fixed periods Find: Dessata në Taken: But may be socertain zures to be obtained in applications on "syplication.

Hong-Kozy 11th: June, 195

SINGAPORE RUBBER SHARE

Messrs. H. B. Joseph & Co. have received the following cable from Singapore":-~~-

Rubber Shares New Scudais Buyers at $2.00. Sellers at $2.05.

Malaka Piadas Buyers at $1.76, Sellers at $1.80....

Prices In Straits Currency Tendency: Market Active.

THE SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED.

In China)

Capital paid u

Fup $8,000,000.

$7,000,000 Reservas Capital Savings Dept. $500,000. Reserve Savings Dept. $600,000. Www Head Office-Shanghai

A Bank having as ita mission the industrial development of China and the fostering of her commer. cial relations abroad.

licar, Kang oliba Ice House St. Kades Phone 81481-2-3'

Venx; Goldfield, $7 t. Docks, etc.

H.K, Wharves, $113 'n. H.K. Docks, $14/60 b. Provdents (old), $1.60 b. Providents (new), $50 cta. u. Hongkews, (old) Sh. $312% n. Hongkews, (new) Sh. $310 New Engineerings, Sh. $5 n. S'hai Docks, Sh. $117 n.

U.S. BANK CRISIS

ECHO

Federal Reserve Note Issue Retired.

"Rubber:-Dealers are absorb- ing offerings expecting an early improvement in demand by con- sumers. The recent heavy sellers of near-by positions appear to re- instating in distant options on set-backs. Business done-249 lots."-Reuter.

Saturday, 23rd March 3RD EXTRA RACE MEETING

Saturday, 6th April

4TH EXTRA RACE MEETING

Saturday, 20th April Monday, 22nd April

(Easter Monday)

5TH EXTRA RACE MEETING

Saturday, 4th May

6TH EXTRA RACE MEETING

Saturday, 18th May

7TH EXTRA - RACE MEETING

Saturday, 1st June

STH EXTRA RACE MEETING

Saturday, 21st September 9TH EXTRA RACE MEETING.

Thursday, 10th October

(Double Tenth)

Saturday, 12th October

10TH EXTRA RACE MEETING

Saturday 19th October. 11TH EXTRA RACE MEETING

Saturday, 2nd November 12TH EXTRA RACE MEETING

Saturday, 16th November 13TH EXTRA RACE MEETING

*Saturday, 30th November 14TH EXTRA RACE MEETING

Saturday, 14th December

EUGENE BLACK'S

SUCCESSOR.

President's Move Gives Pointer.

SPECIAL TO. CHINA MAIL.

(By_Telegraph, Copyright, Telegram

Night Telegrams The following telegrams were received by Messrs. S. E. Levy: & Company, through Reuter:-

Favourable factors before the phic Messages Ordhance, 1892, Re- opeatog of the market:-Dividend ceived August 92, 9,15 a.m.). news continues to be encouraging.

SPECIAL TO CHINA MAJE (By Telegraph. Copyright, Telegra phie "Message" Ordinance, 1891. R ceived August 21. 12.40 a.m.)

Washington, To-day.

the U.S.$200,- The majority of Ewos Cottons, Sh. $11.10 m. 000,000 worth of Federal Reserve The price for seats on the Stock S'hai Cottons (old), Sh. $73% n. bank notes which the late United Exchange seems to be well pegg- S'hai Cottons (new), Sh. $434

n.

Cotton Mills.

Zoong. Sings, Sh. $11 n. Wing On Textiles, Sh. 355 n.

Lands, Hotels, etc.

H. and S. Hotels, $5.40. b. H.K. Lands, $58 n. S'hai Lands, Sh. $261⁄2 n. Metropolitan Lands, Sh. $14 n. Humphreys, $10.40 n. H.K. Realties, $5.20.n. Asia Realtles "A", Sh. $140 n. Asia Realties "B" Sh.820 n. Chinese Estates, $85 b. China Realties. Sh. $15% n. China Debenture, Sh. $137.n.

Public Utilities.

H.K. Tramways, $21.15 b. Peak Trams (old), $15 n. Peak Trams (new), $7 n. Star Ferries, $1021⁄2 n. Yaumati Ferries, 821% n.

C. Light (old), $8.80 n.

C. Light (new) $8.85 b. H.K. Electrics. $71% n. Macao Electrics, $25 n. Sandakan Lights, $8 a. Telephone (old). $24.20 n. -Telephone-(new) $11.80-n.. China Buses Sh. $13.20 n. S'pore Tractions, 5/4 n. Singapore. Pref., 17/- bz

Industrials. Malabon Sugars, $11' n." Cold: Macg. (ord), Sh. $21 n. Cald: Marg. (Pref.), Sh. $20 n. Canton Ices, $2.70 n. Cements, $2.55 n. H.K. Ropes, $4.85 n. Stores, etc. Dairy Farms, $25.80 n. Watsons, $5.60. Der. A. Wings, $1 D. Lane, Crawfords, $4.80 n. Mackintoshs, $21 n. 7 Sinceres, $10 n. Wm. Powells, 70 ets. n. Wing On (H.K.) #109 n.

Miscellaneous.

H.K. Amusements, $4 n. Entertainments, $71⁄2 ñ. S.C. Enterprise, $1.30 n. United Theatres, Sh. $2 n. Macao "Greyhounds,”” $2 n. Construction (old); $1.80 n.

Washington, To-day. President Roosevelt has re-ap--

་

States Treasury Secretary, Mr. Wiled. Buyers are probably bolster-pointed Mr. Adolph C. Miller to the ed up by hopes of inflation in the Federal Reserve Board for a 12- Ham H. Woodin circulated during

market eventually,

year term. the 1933 bank holiday, have been

Unfavourable factors were :~ | He was named from Richmond: · retired. It is noted, however, that

Steel activity continues to recede instead of the San Francisco dis- U.S.8610,223382 worth of silver cer-

and labour troubles are under-trict, indicating that either Mr. tificates are circulating, as compar mining confidence. Moreover, the Eccles, or Mr. J. F. T. O'Connor, led with U.S.$482,540,520 when President Roosevelt took the path effects of the drought on the bust Comptroller of the Currency, both ness situation are expected to be of whom are westerners, will re- of Presidency-United Press, per increasingly felt for a while. place Mr. Eugene Black as Gover- S. E. Levy and Company.

The market is very dull, but nor.-United Press, per S. E. Lavy. steady with fractional gains pre- and Company,

MARKET BREAK

FROM NARROW

TRADING RANGE.

dominating. Many traders are Inclined to expect an early test of the current price-level, but slight advances, at present, seen indi-| cated.

The following telegrams were Is It Insured? ?

received by Messrs. S. E. Levy & Prediction Made By Co. last night: from Messrs.

Chartists.

SPECIAL TO CHINA MAIL

(By Telegraph, Copyright, Telegrs-

White, Weld:-

Grain prices should reflect the more constructive news.

Good buying of Cash wheat by

phio: Messages "Ordinance. 1984, Re-Winnipeg is reported. ceived August 22, 9.16 a.m.).

"New York, To-day.

Dealers are good buyers of rub-

Insurance - All⋅ Classes

· LOWEST RATES ... American Asiatic Underwriters Fed, Inc., USA. General Agents

Head Office:

Chartists forecast that the mar-ber and the market looks higher.

E. A. Pierce Co.'s Report 17, The Band, ket will soon break from Its nar

In their market report, the row_trading_range.

Shangkat.

for

Favourable market factors yes- American Oriental Finance Cor-

poration, correspondent terday were that business failures were 197 against 209 last week Messrs. E. A. Pierce and Company. and 312 last year, which is the New York atate:-

[Continued on Page 7): smallest for many years, and that the Brooklyn-Manhattan Transit Company had declared a dividend of 75 cents per common share, which is the first dividend since April, 1932.

An unfavourable factor was that automobile production totall Jed 68,584 units, against 57.539 un- its last week and 58,920 units last year, which la mare than

Press, seasonal decline-United per 8. É. Lovy, and Company:

More Optimism· On⠀⠀

Wall Street.

New York, Earlier. Brokers here were more cheerful yesterday. Favourable market factors were that western car load- Constructions (new), 18 eta. b, Inga showed a gain, and that busi Ch. Govt 5% 1925 GSBdness failures were at the lowest

figure for 14 yearṣ," 78% b

H.K. Gort. 4% Loan 7% % premUnfavourable factors were the

¡threat

H.KGovt 85% Loan 2% %

prem b Wallace Harpèrs, $7%

Chica

S. E. Levy & Co.

UNDERWRITERS AND DISTRIBUTORS

SECURITIES AND COMMODITIES BOUGHT; AND BOLD. 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

VICE HOUSE STREET, HONG KONG

Tel. 80101 and 80108

Tel

ELK. Olos

· ́Auía: Life Ballding

› Tel: 30285.