BANKS
HONG KONG AND SHANGHAI
BANKING CORPORATION.
Authorised Caojial
Land and Pully Paidep
Reserve Funds 1-
#tering
Milv
£4,500,000 $10,200,000
$50,000,000
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.
30,000,000 Incorporated by Royal Charter, 1853.
Enserem Liability of Pexpristen #30,000,000
HEAD OFFICE: HONOKONG.
BAND OF DIRECTORS.
Hos. Mr. G., B. Mackie
Chalre
READ OFFICE: LONDON
Paid-up Capital
.£3,000,000
Reserve Fund
.£3,000,000
Roserve Liability of Pro-
prietors
.£8,000,000
Agencles and. Branches:
Aloe Ster
Tatto
Aris
Ipoh
Rangoon Kajgo
Bangkok
Karachi
Batavia
King
K.. More. Eng.
Baibay
Kobe
Calcutta
Keats
Kemarena Seremban Shangha Giugiar
Lurspur
Cawnpor
Baching
1 Cebu
Mistrza
Colombe
Honito
Dalki
Medan
Halphaoy
New York
Pelpiry
B. 11. wall, Eng. Deputy Chairman.
Hon. Mr. W. B. D.
4. 13. Compton, Fag.
W, J. Kounick, Taq,
§. 6. Bright, Fay,
AMOT
BANGKOK BATAVIA
BOMBAY
DALCUTTA
DANTON
CHEFOI COLUMINO
DAIREN
FOUCH W
BAMBUISS HANKOW
HARBIN
HUNGNEW
MOLLU
troll
JOHORE
FORE
KOWLOON
13. Miskin. Eg,
T. E. Pearce, E.
V. H. Orayburn, Esq.
Chlef Manager.
BRASCHES 10a
JANDON 11986
MALACCA
MANILA
31A obra
BUKDEN SEW YORK
PEIPINO
PESANO BANIOUS
KAULIN
BAN PHANCISCO
KUALA LUMPUR
SHASHIAL,
+15APORE
ARAYA
SUNGBT PATANI
TIENISIN
10850
TNLSHITAD
YORUNAMA
Current Arbuste opaked is Local Currenty
Bad Fized Deposite received for one or whores perjods In Lacul Company and Sellos entert which will be quoted on applicatico. Blog Kong, 84 April, 1934.
Fuchburg Hankow Tarbin
••• (Pasina! Телени
Bourabaya Telping- Tiental
Tongka
Whoker
Tingled
Yokoham
♪
Zuchmugs
Trang Rong
Foreign Exchange and Central Banking budineke Invented.
Gurrea ecoustia opened and Fed Deposita, received for one your or shorter perioda at satas which will be quoted on application.
W. H. E THOMAS,
Acting Manager. Hong Kong, 20th. February, 1934.
SAFETY FIRST!
To Safeguard Your Valuables and Jewelleries. Deposit them in a Vault that is really: FINE-PROOF BURGLAR-PROOF DAMP-PROOF!
OUR SAFE DEPOSIT VAULT
HONG KONG SAVINGS BANK. located on the Mezzanine Floor of
Our New building is Specially Con-
The Butner of the shots Bank is condestructed to provide all of these Im-
ad by the Hogo KOND AND SHANGA BANKINO CORPORATION. Rule may be
btained on applicatio
FOR THE HONG KONG AND SILANOTIAL
BARKING CORPORATION
Cătat Mongie.
V. M. GRATOURS, Blog Kong February, 1954.
THE BANK OF EAST ASIA, LTD.
Batborland Capital .......
Paid-up Capital
$10,000 BOW DR ......$ 1,398,107.
Bare and Undivided Profils 2,84,000.00
HEAD OFFICE-BONG KONG
12, Des Your Host Contral.
BOARD OF DIRECTONS :-
Als Shouson Choe, Chatrat
Koo
Chun. Eng., P. K. Kwok, Esq., Wour
Ios Tang, P., Chan Cling Shah, Paq.. Li Lan Sang, Bay. Wong Chu Fon, Em, and Han Ying #o. Esq.
Celnutta Custod Baiphong
Run Tong Fo. Eig.. Chile! Heungon,
LA T Fang. Eng.. Manager,
BRANCHES AND AGENCIES :--
Amay
Stanle
Beattia
"Sec
Bateria
Bone?
Nagkuski
New York
Oaths
Farle
Bingapore bourabaya Bwatow
Bankow jlanalula
Pelping
Labe
Раманк Bang Falcon Pani Pranclare
Kyday Talhoku
Thenbela
Toka
Mo
Landnu
Vancouver Yakakama
Every description Sisning and Exchange Los granted on approved bute Lagerd,
Cuimney Current Accounts opened in Local and Fixed Deposits received for one SHIP OF shorter periods in Lol and Pareign Currencia terms which will be qualed on application. Sala Depo Jora To le
KAN TONA Po
Chief Manser.
Eng Kong, let March, 1984.
THE BANK OF TAIWAN, LTD.
Head Office:-Taihoku, Formona, Incorporated in Japan by Special Imperial Charter, 1899. Central Bank of Formosa, Notes
Issued Average amount Y.45,000,000
Branches and 'Agencies.
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
BANK OF CANTON, LTD.
Established 1912.
Head Office-Hong Kong.
Authorised Capital
Paid-up Capital
$11,000,000 8,655,000 Total Resources
32,170,492 Branches: Canton, Tolshan, 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 Depoalta received for one year or [shorter perioda at rates which will be
quoted on application.
Safe Deposit Boxes (various alzen) | ¡for hire.
LOOK POONG GITAN,
THE
Chiet angst.
AMERICAN EXPRESS COMPANY,
INC.
Head Office: 65, Broadway, New York
.U.S.$6,000,000.00
2,087,112.89
1,995,52881
Capital Surplus Reserver
kow, Shanghal, Swatow.
Japan: Kobe, Osaka, Tokyo, Yoko- hama, Keelung, Makong, Nanto, Shoks, Sinchiku, Taichu, Tainan, Taito, Takao, Tamaui, Toen. China: Amoy, Canton, Foochow, Han-
BRANCHES:-
Ámortarbu
Antworp
GEDOR Glazon
Athens
The flag ut
Analtat
HAYERS
Beale
Berlia
Others: Bombay, Hong Kong, London,
Bombay
Breman Dennin
CAL
New York, Singapore, Batavia, Samarang, Boerabaya, Dairen.
On and after April 20th, 1934, the on Special Current rate of Interest
Calcutta Carine! Columbo
Hamburg HOYTO Hebbelberg Interlaken Jerusalem London
Miten Kice Naples Firseve Parla Flpin Pelerma Betterdam Ing Fb11 Southampton Singapor
Liverpeal
Lucerau Launo
Tinta
Copenhagen Ехог Dublin Edinburgh
Taormina
Marili
cose Caria
Varico Tokobama Zurich
Deposit will be at 1% p.a. on daily balance and the rate for balance over $10,000 will be quoted on application Florense (Maximum rate-14).
Y. OHNO,
Manager.
Hong Kong Branch
3. Des Voeux Road, Central.
THE YOKOHAMA SPECIE BANK LIMITED.
Established 1880
Capital (fully paid-up) Yen,100,000,000
GROTA
Msalla Musich Montreux.
גנים
Branches of American Express Com- pany In Principal cities of United States of America and Canada.
All classes of Commercial Banking Transactions undertaken.
Personal Investment accounts
handled.
The Company offers to intending Travellers, the use of its "Travelers
Reserve Fund ..... ........Yen.122,750,000 Cheques" and Letters, of Credit and.
Head Office:—YOKOHAMA
Branches and Agencies at: Alexandria Batavia
Fengtien (Mukden) Rio de Janeiro
Nagasaki Nagoya
Berlin
New York
Bombay
Osaka
Calcutta
Pario
Canton
Dairen (Dalny)
Hamburg
Peiping Rangoon
San Francisco
Seattle
Semarang
Shanghai
Singapore Sporabaya Sydney Tientsin Tokyo Taingiau
Hankow
Harbin Trong Kong
Honolulu
Hainking Karachi Kobe
London
Los Angeles Manik
Yingkow
Interest, allowed. on Camrent Asi Deposits received for fixed periods át rátes to be obtained on application.
OMKISHINAMI LE
Mararer. Hoor. Kong, 11th Aprü, 1984,
In addition, the world-wide services of its thoroughly equipped Travel De- partment.
C. H. BENSON,
General Manager.
THE SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED;
(Incorporated in China);
Capital paid up...... $5,000,000. Reserves...................$7,000,000. Capital Savings. Dept. $500,000. Reserve Savings - Dept. $600,000. Head Office-Shanghai
A Bank having as its mission the Industrial, development, of Chins and the fostering of her commer» cial relations abroad age whi Hong Kong office --7 Ice House St
-Pluss-81481-2-
THE CHINA MAIL, THURSDAY, SEPTEMBER 6, 1934.
and
Commerce
Finance
LOCAL SHARES.
TO-DAY'S QUOTATIONS,
"
The following is the list of local share quotations issued to-day:
Banks. H.K. Bank $1725 b, $1725 82. H.K. Bank (London), £136 in. Chartered Bank £164 0. Mercantile Bank, A. & B £81 n. Mercantile Bank C, £13, Bank of East Asin, $86 b. Am: O. Finance Corp., Sh. $20 China O. Fin. Ord., Sh. 4 n. China O. Fin. Pref. Sh. 85 n.
Insurances.
Canton Ins.. $290 n. Union Ins., $535 sa.
China Underwriter, 81.15 h. China Fire Ins., $510. H.K. Fire Ins., $245 m. International Assce. Sh. $6 n.
Shipping.
Douglases, $40 h. H.K. Steamboats, $7 n. Indo-Chinas (Pref.), $80 a. Indo-Chinas (Def.), $38 p. Shell (Bearer), 48/9 n. Union Waterboats, $134 n.
Mining,
4
Antamoks, 62 cts. b. Balators, $86 n. Bagulo Gold, 44% cts. b. Benguet Consolidated $41 b. Benguet Exploration $17% cts. Benguet Goldfield, 20 cts, n. Big Wedge, 12 ets. n. Gold Creek, $2 n.
Gold River, 24 cta, sa. Ipo Mining $21⁄2 n.
Itogons $5 n.
Kailon 4/- n.
NEW YORK STOCK EXCHANGE
S. E. Levy And Co. And A.O.F.C. Quotations
New York, Yesterday,
INCENTIVE
NEEDED ON
WALL STREET
.: UPWARD TREND
YESTERDAY
MOVEMENTS SMALL
STEEL OPERATIONS
AT LOWEST
Small Technical Rise Is
Expected On Wall St.
4.
SPECIAL TO CHINA MAIL. (Dj Telegraph, Copyright, Telegra phic Messages Ordinance, 1994, ceived September 6, 8.17. a.m.}
New York, To-day.
New York, To-day!” Tradera expect a slight techni-į There was some Irregularity oneal recovery, although it is Wall Street yesterday, but the doubtful If the trading volume) trend was chiefly upward and move-will pick up.
ments small. Meanwhile, a slight' Favourable market
factors
NEW ADVERTISEMENTS
PUBLIC AUCTION.
THE Undersigned have received
Tinstructions to sell by rublle
Auction
ON
FRIDAY, the 7th September, 1934, commencing at 2.30 p.m.
at their Sales Room, No. 35,
Hankow Road, Kowloon 6 Fox Terrier Puppies
On View on the Morning of the
Terms: Cash on Delivery.
LAMMERT BROS.,
Auctioneers.
The following quotations from New rallying tendency will not be sur-yesterday were that business sale. York have been received by Messrs. prising, but with incentive lacking, failures amounted to 202, against S. E. Levy and the American Orientala dull and uninteresting market 218 last week and 311 last year. Finance Corporation.
eeems to be, expected.
Unfavourable factors were
Mar.
S: E. Levy And Company's Report that the steel operations in the In their market report. Messrs. Pittsburgh district are 19 per S. E. Levy and Company, corres- cent, as against 40 per cent. of [pondents for Messrs. White, Weld capacity last year. This is the
and Company, New York state: lowest during the depression.
"Stock:-We do not expert any! Owing to the weakness of scrap 101% great change, pending the possi. steel forecasts continue to indi- 105%bility of Government re-financing, cate low activity. United
We would advise accumulation on Press, per S. E. Levy and Co. any set-backs.
79 8214
Business done:-180,000 shares. LATEST QUOTATIONS
"Bonds:-Government issues are
New York, Yesterday. The following quotations have small been received by Messrs. S. E. Levy better and and Co., and the A.O.F.C.
New York Cotton:
Hong Kong, 6th Sept., 1934.
LOCAL DOLLAR STEADY
Silver Prices Decline
1
The local dollar remains steady, opening on demand this morning at 1/6%.
Spot and forward silver prices have declined, closing prices yesterday being 21% and 21 11/- |16, respectively.
Sept. 4 Sept. 5
The London on New York cross- rate, which closed at ~U.S.85.- Closing Closing 01 on Tuesday, closed yesterday
13.01 13.16
at £-U.S.$5.01% yesterday, while- 13.14 18.30
the New York on London rate- 13.17 13.34
closed at U.S.$5.00, as compar 13.20 13.39
ed with U.S.$0.07% on Tues-- 13.24 13.45
day. 18.30 13.51 13.15 13.35
13.54 15.91 15.66 16.17 15.93 16.29 16.04 16.57 16.31
too late to be of much bencât to the New York Rubber:
Gold: 140/10% (last close), 140/8 on the cotton textile strike is a (last recd.), 4d. down (change).
London/New York Rate: 5.01% (last steadying factor.
R.F.C. LOAN $5,853,000,000
Washington, To-day. The fourth report of the General Counsel of the N.R.A., Mr. Donald R. Richberg shows that the Reconstruction Fin- ance Corporation has so far loaned |U.S.35,853,000,000 and the Home. Owners' Loan Corporation U.S.$1,-- 209,445,000. United Press, per 8. E. Levy and Company.
NY/Lontion 5.02 Cotton Dec.... 1314
1320
1330
Silk Dec.
112
Rubber Dec.
1503
Mar.
1631-
Lest Close Opening Noon
501% 6013 1322 1321
1327 111 1603 1643
[C. Wheat Dec.
103%
Muy
101/2
C. Corn Dec.
703.
Mey
8214
W Wheat May
87
87
STOCKS:
Amer Smelt... 37
37%
37%
Auburn
Con Gas NY 27%
221
224
27%
27%
Du Pont
804
8914
89%
་་་་་་
El Bo and Sh... 10%
10%
11
Gen Motors 20% Int. Tel and Tel 9%
#1914
208
again easier, causing softness in the price of high-grade bonds, al- though fluctuations were Second-grades wore
10
Loews Inc.
.. 2714
27
McIntyre..
48
48
some good bids are entering the market.
Mont Ward
214
24%
24%%
Nat Distill
201
21
214
NY Central
215
22
22
Stan Oll NJ
41%
44%
44%
Un. Aircraft
14%
14
15
U.S. Steel
33 K
33%
334
London Prices.
Silver: Spot 21% (last close), 215% (last recd.) down (change).
Silver: Forward 21 13/16 (last close), 21 11/16 (last recd.), down |(change).
"Wheat:-The strength of the eash markets and the unseasonally early shrinking of visible supplies- is stimulating buying. All grains are now statistically and technical- ly stronger. Tuesday's sales . 19,-| 840,000 bushels.
October December January
March
May
July
"Corn: The recent rains were
Spot
crop.
September
Silver Report:-China sold. America, India and speculatore bought. Markot steady.
"Business done 11,330,000 bushels. "Cotton: The formation of a
October
December
Presidential Committee to mediate
January
March
May
16.57
16.57 16.84
July
17.11
Chicago, Wheat:
September December...
102% 104%
1084106%
104% 107%
September ....
78% 791⁄4
X
December
793%
80%
May
827
334
Winning Wheat:
October
81%
82%
September
8284
83
May
87
8814
1.86
1.91
1.31
RENT
March
1.92
1.92
#fay
1.95
n.
FOOD
the
construed as encourag- New York Silk: strikers being only lukewarm in many ing. An improvement in retail quarters,
sales is expected during September.
September
1.08%
December
1.12.
1.18
CLOTHING
On the Commodity markets, Cotion,
prices are due to be higher and await-] "Labour troubles are exercising Ting a new lead. "Spots" are strong!
"Unfavourable factors were:---
February
1.13
1.14
April
1.14
HEAT
TAXES
WATER
CHITS
SAVINGS
Langkats (Single) Sh. $171⁄2 n. S'hal Exploration, Sh. $5 n.. S'hal Loans, $81⁄2 n.
Raubs. $18 n.
Venz; Coldfield,
Dacks, etc. H.K. Wharves, $112 n. H.K. Docks, $141⁄2 n.
Providents (old), $1.55.n. Providents (new), 850 cts. n. Hongkews, (old) Sh. $312 n. Hongkews, (new) Sh. $810 n. New Engineerings, Sh. $4% n. S'hai Docks, Sh. $118 n.
~ Cotton Mills.
Ewos Cottons, Sh. $10.80 b. S'hai Cottons (old), Sh. $75. S'hai Cotton (now), Sh. $44 Zoong Sings, Sh. $11% n. Wing On Textiles. Sh. 255 n.
Lands, Hotels, etc.
H. and S. Hotels, $5.55 8. H.K. Lands, $60 b., and sa S'hai Lands, Sh. $27 n. Metropoliton Landa, Sh. $14 m. Humphreys. $10 n.
H.K. Realties, $4.70 B. Asia Realties “A”, Sh, $140 n. Asia Realties "B" Sh.$20. n. Chinese Estates, $86. b.
China Realties, Sh, $151⁄2 a, China Debenture, Sh. $187 n.
Public. Utilities.
H.K. Tramways, $20.40 n. Peak Traina (old), $15 n. Peak Trams (new), $7 n. Star Ferries, $100 8. Yaumat! Ferries, $21 b. C. Lights (old), $8.55 n. G. Lights (new), $8.20 n. H.K. Electrics,' $73 & Macao Electrics, $26 n. Sandakan Lights, $35. Telephone (old), $24 sa, Telephone (new), $11 s. China Buses Sh. 13.20 n. S'pore Tractions, 4/- b.' Singapore Pref, 17/- b.
Industrials.
close), 5.02 (last recd.) % up (change).) "Rubber: Local dealers and London/Paris Rate: 74.90 (last London interests were good buyers. close), 75.03 (last reed.), 13 up Should inflationary talk enlarge, (change).
indicated.
Liverpool Cotton-Oct.: 8.85 (last considerable reinstatement of out- close), 6.57 (lost recd), 02 up (change) side long positions and higher com- Liverpool Wheat-Dec.: 5/10% (last modity prices, especially of corn, close), 5/11 (last recd.), up wheat and rubber, are (change).
Business done 279 lot."-Reuter.
Market Factors Messrs. S. E. Levy and Co. re- the following telegram
London Rubber-Oct-Dec.: 7 9/16; (last close), 7 3/16 (last reed), un- changed.
"London. Rubber-Oct-Dec.: 7 11/18 cefved (last close), 7 11/16 (last recd.), un-through Reuter: changed).
London Forecast
May Chicago Corn:
"Favourable factors before the opening of the market were:-In New York Sugar: A forecast from London on the pro- bable trend of the New York Market, the face of prevailing uncertainties
September states:-
and indications that Antumn im- December Prices are not expected to decline provement in business will be de- any appreciable extent on Wall Street, layed somewhat, the action of the owing to a leas pessimistic view pre market is n.vailing, due to the support to
Malabon Sugars, $ii m. Cald: Macg. (ord), Sh. $21 n. Cald: Macg. (Pref.), Sh. $20 m. Canton Ices, $2.70 n. Cements, $2.65 8. H.K. Ropes, 83% n
Stores, etc.
Dairy Farms, $25%1⁄2 8. Watsons, $5.60 n, Der. A. Wings, $1 n. Lane, Crawfords, $4.15 n.
Mackintoshs, $21 n. Sinceres, $10 a
Wm. Powells, 70 cfs. n. Wing On (H.K.) $110 n.
Miscellaneous,
H.K. Amusements, $4 n. Entertainments, $711⁄2 D., ... S.C. Enterprises, -$1.80 n. United Theatres, 8h: $11⁄4 n. Macao "Greyhönude," $2 m. Constructiona (old), $1.80 n. Constructions (new), 78. cts, h. Ch. Govt. 5% 1925 GEBds
88%
and brokers favour the buying sideja most disturbing influence. Estim-----------
pending the Bureau Report. Slightlylates of the extent of the strike are gible, with a scarcity of contracts. lower wheat prices are anticipated, but at present, wide apart, but early There was moderate Trade buying the other markets are expected to open reports indicate that less that 50 and covering on the Government a little higher.
per cent. of the textile workers have appointment of a Mediation Board responded to the strike call. Steel to expedite the labour differences. operations were resumed at
"Rubber:-The market ralled due Youngstown, Ohio, at 22 per cent. to stronger London cables and buy- of capacity ад against earliering from Dealers and Commission Houses. It is rumoured that Lon- estimates of 26 per cent.
don buying came from Russia."- Reuter..
SINGAPORE. RUBBER
SHARES
Market Quotations
Messrs. Carroll Bros have
re-
Night Telegrams
"There is some irregularity, but
the trend is chiefly upward and movements are small. Meanwhile, a
Incentive
ceived the following quotations of light rallying tendency will not be It Insured? ? Singapore Rubber Share, dated surprising, but, with August 30, (Prices in Straits Cur-lacking, a dull and uninteresting [rency):
Allembys $1.97% b, $2.05 3. Alor Gajah $1.60 b, $1.66 à. Ayor Fanes $2.05 6., $2.121⁄41⁄2. Changkat Sordang $6.00
$6.50 8. Connomara, $1.80 b, $1.80 8. Glencaly $2.45 b, $2.55 a. Jimah $2.00. b. $2.10 8. Kedah $3.25 b., $3.35 8. Lunas $2.45 b., $2.55 5. Malaka Pindas $1.77%
$1.82% 5.
Insurance All, Glassen LOWEST RATES
American Asiatic Underwriters
Fed. Ine, USA General Agents
market seems to be expected.
"In connection with the recently reported merger, negotiations, the Republic Steel Corp. has, circulario- bed stock holders the advocation of changes in the capital structure of the company which would authorise Head Office 1750,000, prior preferred shares and 17, The Band, [596,000 6 per cent. cumulative and convertible preferred shares, both at par valac of $100, as well as h.,(10,000,000 common shares of no
par value.
New Sordendash $3.30 $8.45 8, Pajams $2.45 b. $2.55 s. Sungei Ragans $3.55 b., $3.65 s. Teluk Anson $1.85 C.R. $190. seven months ended July 21st United Malacca $2.00 ̊C.D. $2- totalled $261,025,000, against $219,- |
"The Bureau of Railways" -Econ-¡ omics reports that the net operation Income of Class 1 railroads for the
07% -
Rubber & Tin Dividends
482,000 last year. The New York Telephone Co. Tost 4,888 aubscribers during August, compared with ‘a loss of 7,009 last August."-Reuter, United. Malacca 3% final & E. A. Pierce Co.'s Report
Kuala Sidim 3%.
Tapsh·4%.
3% interim.
Hitam 5%. Sungei Way 5%.
STOCK EXCHANGE FEARS
In their market report, the American Oriental Finance Cor poration.correspondent
for Messrs. E (A Pierce and Com pany, New York; state?—
"Stock: The action of the mat- ket was encouraging, but we would still again await near term develop- New York, To-day The ments.": Stock Exchange fears that many Wheat:-The strong cash siten- of the listed companies will fall tion and outside markets was re- to apply for temporary registra-flected in Chicago most of the day. H.K. Goyt 4% Loan 7% prem. tion under the Securities Ex- and little attention was paid to un-]
change Act before October 1, and responsive Liverpool cables. The HK Govt. 84% Loan. 24% will be due to procrastination, recent rains were highly, beneficial
prem-b
United Press per S. Ek Levy in parts of the Winter Belt. : and Company.
"Cotton: Hedging was negli
Vallace Harpers, 87% 8.
Shanghai.
AD
Br. Offed Ania Life Balbiing
Tel. 30284.
EXEX>=XEXBX
gone.
Everything
BUT YOUR
SAVINGS
SAVE SOMETHING
START NOW
UNDERWRITERS SAVINGS BANK FOR THE FAR EAST,-
INC.
Anis: Life Buliding,
Hong Kong.
Tel. 80254.
EXEXEXE
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
CORRESPONDENTS FÖR
WHITE, WELD & CO.. NEW YORK
ICH HOUSE STREET) HONG KONG
and 80103
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