1934-08-28 — Page 6

BANKS

HONG KONG AND SHANGHAI

BANKING CORPORATION.

Authorland Capilat $40,000,000

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

ssed and Fully Paid 20,000,000 Incorporated by Royal Charter, 1858.

Reserva Funda

Sterling

6,500,000

Bert's $10,000,000

Reserve Liability of Prprises0,000,000

HEAD OFFICE: HONGKONG,

„BOARD OF DIRECTORS,

Hon Mr. C. G. 5. Muckle

Chairman,

8. 11. Dadwall, Boq-

Deputy ClaisD.

والجزل

HEAD OFFICE: LONDON

Paid-up Capital

.£3,000,000

Reserve Fund

£3,000,000

Reserve Liability of Pro-

prietora

£3,000,000

Agencies and Branches:

Alor Star

Amritsar

Bangkok

Karachi

Rapso Balon Re

Batavia

8. Miskin, Esq.

Klang

Beremba

A. E. Compton, 'Eng.

*.. Harrison, Esq.

Borabay

Koby

Shanghal

T. E. Force, Reg.

Calcetis

Jur

Singaporn

Canton

Lasipur

Stiven

Cawnpor

Kuching

Bourabaya

Caby

Mindra

Taiping

Colombe

Mania

Delhi

Medan

Tongkah

Halphoot

New York

1Bauker?

Hambur

Priping

Tingleo

Hankow

Fin

L'okohama

Harkin

TUNTEE

Zamboang

Forsigs

Hon. Mr. W. H. Bell

W. Rewark, Em

§. C. Knight, Eng.

ANDY BANUKUX

BATAVIA

BOMBAT

CALCUTTA CANTON

V. M. Grayburn, Eaq.

Chial Manager.

DHLANCHES-

LONDUX

LYONS

BALACCA

MASILA.

BUAH (Johor)

MUKDEN

PEIPINO

OKEHO

NEW YORK

DALEN

POOCHIOW

BLAUPITONG BAMHUBU HANKOW HARDIN

HONGKEW

ILOILO

IPOH

JOHORB

KORE

KOWLOON

PENANG

HANGOON

BAIGON

SAN FRANCISCO

KUALA LUMPUR

SHANGHAI

SINGAPORE

SURABAYA

UNGEI PATANI

TESTSIN

TOR YO

TSINGTAO-

- VOROBAMA

Current Amount opened in Local Currency

and Fixed Deposits received for one year or shorter periods in Local Company and

wo terms which will be quotid on application

70 Kong, 18 April, 1934.

HONG KONG SAVINGS BANK.

The Besine of the above Flank is sondust- ed by the HONO RONG AND SHASOHAI BANKING CORPORATION. Rules may be ablated on applicuilon.

FOR THE HONG KONG AND SHANGHAI BANKING CORPORATION

V. M. GRAYBURN, Hong Kegg. 2b Fabrumty, ID84,"

Chlst Manager.

THE BANK OF EAST ASIA, LTD.)

Authorland Capital

JAURANT DESARROLLADE BLU10,000,000,00

---$ 6,498.000,0

Paid-up Capital Acre and Undivided Proble$2,$4,000,00

HEAD OFFICE:-RONG KONG

17, Das Vaux Road Ceairal.

DOARD OF DIRECTORA :-

Bir Shou son Chow, Chairme

Koo Chun, Esq., F. E. Kok, eg. Wang Jun. Tang, E., Chan Ching Abst. Esq., Li Las Sang Ew. Wong Chu Reo, Eaq. and Kan Ying Po, Esq.

Daloutta

Kan Tong Po. Esq. Cidaf Mazagut.

LA The Fong, Esq., Muangor.

BRANCHES AND AGENCIES

Amoy

• Manila

Cantile

Betaris

Melbourn

Bemarang

Bomb

Nagan

Shanghal

New York

Bisgapore

Canton

Banka

Bourabaya

alphong

Faris

Bwalow

Hankow

Teipfor

Hoooluta

Tran

.Kobe

Kangoon

Kowloon toodoo

Salgoo

byday Talkolu Titula Tokyo

Han. Frenctero

Yokoha

Jong Koog

transected.

change and Osacral flanking feminaen

Current Ascounts opened and Fixed Deposita moved for one year or shorter perioda at rulon which will be quoted an appilesiion.

W. H. È. 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, Tolahan, Shanghai, Hankow, Bangkok & San Francisco. London Bankers: Lloyds Bank, Ltd

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

Current Accounts opened and Fixed Deposits received for one year or shorter periods at rates which will bo quoted on application,

Safe Deposit Boxes (various sizes) for hire.

LOOR POONG SHAN,

Chat 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 bullding 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- Ital

Inspection Cordially. Invited, " VABDOSTAJ THE NATIONAL COMMERCIAL

& SAVINGS BANK, LTD. Corner of Ice House Street and Des Voeux 'Road, Central

Every description of Banking and Exchange | Loranted as seproved. beannacted

ecurities,

Current Recourte opened in Lowl Curney and Fized Dipant received for one your shorter parfod in Local and Foreign Currencie

arms which will be quoted on application, Bafe Deposit Boxes To Let

KAN TONG PO.

Hong Kong, at Harzb, 2054,

Chief Manager,

THE BANK OF TAIWAN, LTD.

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

Central Bank of Formoss, Notes

issued Average amount Y45,000,000

Branches and Agencies.

Japan:-Kobe, Osaka, Tokyo, Yoko- hama, Keelung, Makong, Nanto, Bhoka, Sinchiku, Taichu, Tainan, Talto, Takao, Tamsul, Toen. China-Amey, Canton, Foochow, Han-

kby, Shanghai, Swatow. Others: Bombay, Hong Kong, London, New York, Singapore, Batavia, Semarang, Soerabaya, Dafren. On and after April 20th, 1984, the rate of Interest on Special Current Deposit ll be at 14% pa. en daily balance and the rate for balance over $10,000 will he quoted on application (Maximum ratè-1%)..

Y. OHNO,

7

Hong Kong Branch

Manager.

8, Des Voeux Road, Central,

THE

AMERICAN EXPRESS COMPANY,

INC

Head Office:-65, Broadway, New York

Gezion Úlmgew

.U.S.$4,000,000.00,

The Hague

2,087,112,69 1,995,528.81

Capital Surplus Reserves

BRANCHES:--

Amulering

"Antwans Abb Asia

Milan Nice

Helse

Bremen

Berlin Bombay

Brussela

Catro

London

Calculta

Liratpal

Labtes Colombo Copenhagas Lazor Dublia Edinburgh Florano

Luberna

Lugao

Karmeli

Monte Carlo Vanli Manich Montreux

I

Estane Samburg HAYTH Haldelberg Interisken Jerumnieza

Hapise Piraeus

Peipin: Pastma Botterdam

Bbght! Southampton Alagapor Tleutshs Taormina: Vieana Venlos Yokobaz Zurich

Branches of American Express Com- pany in Principal cities of United States of America and Canada.

►

All classes of Commercial Banking Transactions undertaken.

THE YOKOHAMA SPECIE BANK Porsonal Investment accounts

LIMITED.

Established 1880

handled,

THE CHINA MAIL TUESDAY, AUGUST 28, 1934.

Commerce and

Finance.

LOCAL SHARES.

TO-DAY'S QUOTATIONS.

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

Banks.

H.K. Bank $1785 b.

H.K. Bank (London), £1851⁄4 n. Chartered Bank £15% n.

-

Mercantile Bank, A. & B £31 n. Mercantile Bank C, £131⁄41⁄2 n. Bank of East Asia, $84 n. Am: O. Finance Corp., Sh. $20 m. China 0. Fin. Ord., Sh. $4 2. China O. Fin. Pref. Sh. 45 z.

Insurances. Canton Ins., $290 n. Union Ing., $550 a., $545 sa. China Underwriters, $1.20 b. China Fire Ins., $510 n. H.K. Fire Ins., $245 m. International Assce. Sh. $6 n.

Shipping.

Douglases,. $40.85 n. H.K. Steamboats, 37 n. Indo-Chinas (Prof.), $80 m. Indo-Chinas (DeL), $83 n. Shell (Bearer), 47/6 n. Union Waterboats, $13% n.

Mining,

Antamoks, 611⁄2/62 cts. sa. Balatoca, $361⁄2 n. Baguio Gold, 44 cts. n. Benguet consolidated $40 n. Benguet Exploration 19 cts. n, Benguet Goldfield, 20 ct.. Big Wedge, 12 cts. n. Gold Creek, $2 1.

..

Gold River, 24 cts. n. Ipo Mining $21⁄2 Itogons $5 0.

Kailan, 26/3 n.

1

Langkats (Single) Sh. $171⁄2 a. S'hai Exploration, Sh. $5 a. S'hai Loans, 86% n. Raubs, $18.10 n. Venz; Goldfield, $5 n Docks, etc. H.K. Wharves, $112 s. H.K. Docks, $141⁄2 ¤. Providents (old), $1.50 b. Providenta (new), 350 cts. n. Hongkews, (old) Sh. $8121⁄2 1. Hongkews, (new) Sh. $810 n. New Engineerings, Sh. $41⁄4 à. S'hai Docks, Sh. $117 n.

Cotton Mills. Ewos Cottons, Sh. $10.90 b. S'hai Cottona (old),'Sh, $74_n. S'hal Cotton (new), Sh. 843%

n.

Zoong Sings, Sh. $111⁄21⁄2 n. Wing On Textiles, 8h. $55 n,

Lands, Hotels, etc.· ́

H. and S. Hotels, 85.55 n. H.K. Lande, $6234: b. S'hai Lands, Sh. $27 n. Metropolitan Landa, Sh. #14 n. Humphreys, $10.40 n.

H.K Realties, $5.20 m. Asia Realtles "A", Sh. $140 n. Asia. Realties "B" Sh.$20 n.

·Chinese Estates, 885' b. China Realties, Sh. $154. China Debenture, Sh. 3137 n.

Public Utilities. !|

The Company offers to intending Travellers the use of its "Travelers Capital (fully pald-up) Yen,100,000,000 Cheques" and Letters of Credit and, Reserve Fund *"Yen.122,750,000 in addition, the world-wide servicesjad,

of its thoroughly equipped Travel De Head Office:-YOKOHAMA =*partment

Branches and Agencies at:. Alexandria Batavia:.

Barlin

Bombay Calcutta Canton

Dairen (Dalny)

Nagasaki

"Nagoya

New York

Osaka'

Parla

Peiping

Rangoon

San Francisco

ER Seattle

Semarang Shanghal

Fangtien (Mukden) Rio de Janeiro

Singapore

Hamburg

Hankow

Farbin

Karachi

Kobe

London

Tokyo

Los Angeles

Mavila Moji

Tsingtan Yingkow

Inserent allowed-on

Seerabaya Sydney Tientsin

Deposits received for fund

(at rates' to be obtained on appl

ASTELEHO KISHINAMIS DIZUNAK KAarause Mana Hong-Kong; 11th Avyiz 198A,

Ac-

EL BENSON, General Manager,

THE SHANGHAI COMMERCIAL &SAVINGS BANK LIMITED

(Incorporated in China fo

100,000:

Capital paid up Reserves Capital · Savings Dept: $500,000, Beserve Bavings: Dept. $600,000. 1 Head Office Shanghal days A Bank havingras its unisalon"the" Industrial development of China and the fostering, of her comple clal relationis:"brond

House Bl..

H.K. Tramways, $20.60 n. Peak Trams (old), $15/a. Peak Trams (new), $7 n. Star Ferries, $1021⁄2 m.. Yaumati Ferries, $21 b. G. Lights (old), $8.70 b. C. Lights (now), $3.30 b. H.K. Electrics, $71% b Macao Electrics, $25 n. Sandakan Lights, $8.n.. Telephone (old), $24.10 b. Telephone (new), $11.80-a. China Buses Sh. $18.20. S'pore Tractions, (5/-¡n.tem. Singapore Pref, 17/3 b.

Industrials,

Malabon Sugars, $11 n Cald: Macg.. (ord), Sh. $21 n. Cald: Macg. (Pref.), Sh.$20 a. Canton Ices, $2.70 m. Cements, $2.60 E. H.K. Ropes, $4.85 n.

Stores, etc. Dairy Farms, $25,70, n. Watsona, $5.60, L Der. A Wings, §1 a. Lane, Crawfords, $4.15 n. Mackintosh, $21. Sinceres, $10 n.? Wm. Powells, 70 ets. n. Wing On (HK) $110 HK. Amusements, 34 n.

Miscellaneous Entertainments, › S.C. Enterprises,, $2 United Theatres, Bh. $14 D Macan Greyhounds, $2 n Construction (old), 1.80 Ba Constractions (Dew

WALL STREET ENIGMA

Traders Quiet Before Labour Day

DEBT REPUDIATION AN UNFAVOURABLE FACTOR

SPECIAL TO CHINA MAIL.

CAR INDUSTRY

STIMULTING

NEW YORK STOCK EXCHANGE

fro

RECOVERY S. E. Levy And Co. And

A.O.F.C. Quotations

Production For 6 Months Highest Since 1930

LEADING BUSINESS REVIVAL

SPECIAL TO CHINA MAIL (By_Telegraph, Copyright, Telegra phis Messages, Ordinance, 1895. Re ceived August. 28, 10.30 a.m.)

New York, Yesterday. The following quotations from New York have been received by Messrs. 8. E. Levy and the American Oriental Financo Corporation.

New York. To-day.. Messrs. Dan and Bradstreet state that American automobile produc tion for the first six months of Dec,

"

Lait Close Opening. Noon 5.00% 500 5004

Silk Dec....... 116 Rubber Sept. 1670

Dec.

| 1034 was 1,174,825 units, the high-C Wheat Sept.', 104 est since 1980. They say that the Dec. (Bu Telegraph, Copyright, Telegra automobile industry is still leading C. Corn Sopt. phic Monzages Ordinance, 1884, Rothe improvement in American Dual-w Wheat Oct... 8434 ceived August 28, 10.80 aon.)

(ness stimulating the steel, gasoline; BTOCKS:- New York, To-day.

jolls, rubber, glass, nickel, lead Amer. Smelt ... 39 The Stock Market outlook is en mohair, uphostery and leather la- Anae Copper. 13% Igmatical. Traders are holding]

Auburn dustries-United. Press, per S. E. Balt and Ohio. 17% their activities in abeyance until

Levy and Company. after Labour Day.

Favourable market factors yes- terday were the anticipated steel improvement, better ail company earnings, and favourable motor-car Jcales.

Unfavourable factors were that the Government may have difficulty with the September and October Anancing, the poor rail earnings, and the German uncertainties, in- cluding the talk of debt repudiation. -United Press. per 3. E. Levy and Company.

--R.F.C. Loan System

Decried

EXCHANGES.

TO-DAY'S QUOTATIONS

On London-

On Shanghai-

On demand On Singaporem On demand

NEW ADVERTISEMENTS

PUBLIC AUCTION.

THE Undersigned have received instructions to sail by Publis

Auction

ON

Friday, the Slat. August, 1934, - -

commencing at 2.80 p.m.

at their Kowloon Sales Room, No. 36 Hankow Road

A Fine Collection of Valuable Curios

Comprising:-

Old Porcelam,

Bronze, Carved

Ivory, Jade, Agate, Crystal · and Ross quartz ornament, Old Em-- broidery, Carpets, Blackwood in- laid screen etc, etc.

On View from Thursday, the

30th. August, 1984.

Terms: Cash on Delivery.

LAMMERT BROS.

Auctioneers.

LOCAL DOLLAR

STEADY

NY/London Cotton Oct.

Dec.

1330

1321 1314 1314 1330

1328

114 1580

...... 1615.

. 1821

102%

105

193%

79

78%

80%

80

83%

38%

13

1276

2574

25%

95

17%

3.1. Сівне

Con Gas NY

44%

44%

43%

.. 20%

20

Du Pont..... 934

924

El Bo & Sh.

12%

12%

12

Gen Motors

31

30%

Int Tel & Tel.

11

10%

10%

McIntyre

47%

47

45%

Mont Ward

264

25

244

Nat Distill

20%

20%

On T.T. and demand 1/64 4 months' sight

Bight

NY Central

241⁄4

29

Silver Prices Advance

1/6%

Soc-Vacuum

154

14%

1/7...

Stan Of NJ

45

45

45

Un Aircraft

16%

15%

154

U.S. Steel..... 95%

35%

109

34%

64%

On Japan:-

On demand

127

| On India—

On T.T. and demand 101

On demand

834.

Credits 60 daya'

sight

Gold: 139/5 (last clone) 189/4 (last at

89%

reed), 1d, down (change),'"

with

On demand

55%

London/New York Rate: 5.06% (last) close), 6.06 3/10 (last reed.), 7/16 down; (change).

On demand

676

Credits 4 months'

sight....

London/Paris Bate: 76.71 (last (close), · 75.78 · (last `reed.), .07

Up

(change).

-605

On Saigon

*On demand Un Manila-

close), 6.87 (last recd.), .06 down.

57

Ition:*

On demand

763⁄41⁄4

-On demand

121%

Bovereigns bank buy-

..ing rate

1/8% Bar Silver per oz.”,.. 21 0 /16 Bar Silver in Hong

London Rubber Oct-Dec.: 7% (last) close), 75% (last recd.) unchanged.

London Rubber-Oct.-Dec.; 7% (last) close) 7% (last recd.), unchanged. N.Y./London Cross-Rate 5.00% 5.06%

London's Forecast

N.Y. Cotton-Dec.

New York, Yesterday.

Last To-day's close close

19.36 18.26

10.16 18.17

Kong

до

nom.

The Guaranty Trust'a monthly report finds the tangible business On New York→ trends reassuring, although the labour situation is disquieting and agriculture in a serious position due to drought.

It decries Government compéti-j tion against private enterprise, | such as the Reconstruction Finance Corporation making loans which [commercial institutions normally make-Uninted Press, per S. E. Lovy and Company.

On Batavia-

On Paris-

WORLD PRODUCTION On Bangkok

OF COTTON

Tremendous Decrease Reported

SPECIAL TO CHINA MAIL :

(By Telegraph, Copyright, Talegra phia Messages Ordinanas; 2874; Re- ceived August 28, 19.30 a.m«) n

New York, To-day,

Copper Cash Copper Cente

...1% prem.

Rate of Native Interest 8% pa Chinese Sub. Coin. 271⁄2.dis.

The Cotton Exchange, has estim-Hong Kong Sub. Cola par. ated the world production of cotton for the 1984-1985 season at appro ximately 2,235,000 bales, as, com- pared with 25,961,000 bales last

season.

LATEST QUOTATIONS

New York, Yesterday. The following quotations have

West E & M .. 34

London Prices

The following quotations from Lon- don were received last night-between 5.30 p.m. and 10.30 p.m.

Silver: Spot 21% (lant close), 21 9/16-

| (fast_reed.), 1/18 up (change),

The local dollar remains steady, opening on demand this morning at 1/84.

Spot and forward silver prices have advanced 1/16, closing prices of both yesterday being 21 9/16,

The London on New York cross-- rate, which closed at £-U«S.$5,~·

Silver: Forward 21 (last close), 06% on Saturday, closed yester.. 21 0/16 (last.reed.), 1/16 up (chango).day at U.S.$5.06%, white the

Silver Report:-Speculators bought. New York on London rate closed- China sold: Market steady.

US$5.08% as compared:

U.S.85.08% on Saturday,

Latest Quotations

The following quotations have been received through Messrs. 8. E.

Liverpool Cotton-Oct: 6.93 (last Levy and Company and the Ameri-

Liverpool Wheat-Oct.: 5/10 (last can Oriental Finance Corpora close), 5/10% (last_reed.), 11⁄2 up.

A forecast from London on the pro- NY. Rubber-Dec. bable trend of the New York Market, Chic. Wheat Dac...

Chic, Corn-Dec; states...

105 -103.

80% 79 49% 49%

(Dow Jones Avg.)

Wall Street is expected to open Silver-Official steady, but the market is hesitant, pending the announcement of "the N.R.A and the Agricultural - Adjust. ment Administrations's revised pro 80 Industrials. grammes.

20 Ralls

On the Commodity markets, a to 20 Utilities

To-day's

Aug, 25 Close Change 95.71 94.48. 1,25.0 88:42 47.64 0.78 of **** 21.72, 21.18 0.50 off,

sided cotton market is expected. In 40 Bonds!...... 98.49 98.42 0.07 of wheat, a sustained market is expected, 11 Commodity

owing to the tightness of food-stuffs, especially corn. Little change is anti- cipated in the other markets.

· LONDON, EXCHANGES.

Index $2.65 62.12 0.53 of

Amer Can..

*18 LEADING, STOCKS...

Close

99

Amer Smelting & Ref

58%

Amer Tel & Tel

112/

Paris

London, Yesterday.

*75 27/32

Auburn

J. I. Case

Aug. 25 Aug. 27.

New York

It is indicated that American been received by Messrs. S. E. Levy production will be 9.142,000 bales, and Co., and the A.O.F.C. as compared with 12,715,000 bales, last year.

It is indicated that the world supply of cotton this season will be 88,829,000 bales, as compared with 41,608,000 bales last season.

New York Cotton:

October *December January March..

The world supply of American cotton is estimated at 20,007,000 Maywe. bules, as compared with 24,469,000, July:"2. bales-United Press, per S.. E. Spat Levy and Company.

WEAKER TONE ON WALL STREET.

General Decline In

Averages

BUSINESS RULES QUIET

Closing Closing 13.21 13.11 13.86 18.26 13:40 18.29 13.48 18.36= 18.57 13.46 13.65 18.51- 18.35 £3.25

New York Rabber:

September October .W

15.70 15.74.

15.84: 15.87

December

16.15 16.17

January

.16.28 16.28

16.56 16.56- 16.82 16.85.

Montrealy Brussels Geneva Amsterdam

Milan Berlin Stockholma Copenhagen Onle.... Lisbon Vienna Prague.... Helsingfors Madrid

5.05 5/8

4.91%

21.30 15.821/ 7.89

58 9/82 12:88

Du Pont

Elec Bond and Share General Motora ...

McIntyre Porcupine Montgomery Ward Nat Distillers' ¡N.Y. Central","

Socony-Vacuum Union Pacific

United Aircraft

Business dona:-580,000 shares.

15

1025

36%

836

10%

Is It Insured? ?

19.89%

22.39

U.S. Steel.........

Westinghouse E...M.

19.90

|Int. Tel. and Tel.

110.

2634

120

226 3/32

86.9/16

5178.

495

218

∙105 108

104102% 106 106

Blo

41⁄4*

Buenos Aires

Montevideo

89 8.0/

September

.79%

77%

Yokohama.

December ... ́80%

79-

March May

Chicago Wheat;

*December

September

May

Chicago Corn:

New York, To-day. Prices were, worker on the New] York market yesterday,- Indus2] May Rape 884 81%. |trials and rafls'were down 1.25 and Winnipeg Wheat: gravi |0.78° to 94.46 and 87.64, respective- October

8434825%

ly, while utilities and bonds were December.... *86** "B9% off 0,56 and 0.07 to 21.16 and 93.42*|| Mayaiska 77. = 89% 87% respectively. The commodity Index New York Sugar: declined 0.53 to 6212 39

New York Silk:

September December 181 March.

1.72*

1.78

1.82

1.87

1.88

1.11 1.11

1.18 1:15

1.16 1.15

Aug. 23 Aug. 27

6.54: 51.75

September

December

February

8. E. Levy And Company's Report In their market report, Mesers. 8. E. Levy and Company" correr pondents for Messrs. White, Wald and Company, New York" state;

"Stocks-A feeling of uncer tainty continued on lack of any constructive news. Inflationary New York Metals: rumours continue, but there has Copper, October - 6.55.

61.35 been nothing defialte to go upon Tin, October and we feel that a conservatiya attitude is justified---

Business done 650,000 shares. "Bonds—High-grades: are 625-

ier, but second-grades, and Govern-

BUSINESS NOW MORE STABLE

New York, To-day,

Business

ment issues are off and inactive failures for this week amounted

"Wheat Hedge-pressure, prip to 218, as compared

cipally from Winnipeg, was a de- the same week

#ith 326 for

78 cts. by pressing factor Outside-long-in- Pross, por 3. E. Levy and Compa

Ch. - Govt. - 59.-1925- G$Bds

terests are retaining their hold:

ings, but new buying in small.

HK. Govt. 4% Loan 74% prém. Saturday's sales 14,4443000 bushels.

HK Govt. 34% Loan. 24% pat 1 Prem b

Wallace Harpers, $7

Prices declined in sym with wheat, Business done! 20,068,000

Athens Bucharest

Belgrade

Hong Kong

Shanghal..

Silver Spot Forward

War Loan 8%%

1/6/2 1/21/ -1/4-11/16:

21 9/16 21/916

104 7/16

British Wireless Service..

Sellers Oficial

LOWEST KATES 957

American Asiatic Underwriters Fed Inc USA, General Agents

Head Office

17, The Bund

Shanghal.

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. BOARD OF TRADER CHICAGO

CORRESPONDENTS. FOR

WHITE, WELD & CO., NEW YORK

7 ICE HOUSE ETREET, HONG KONG

Tel: 30101 and 80108-

ELK. Office Alfa-Life

Building

Tel 80284