1934-10-13 — Page 6

BANKS

HONG KONG AND SHANGHAI

BANKING CORPORATION.

'Amborized Caplist

and Fully Paid-up

Smart Funda-

Batting

£ 6.500.000

2,000,000

marna 1000 $18,000,000 Besarts Liability of Proprietors $30,000,00 HEAD OFFICE: HONGKONG,

BOARD OF DIRECTORS,

Bon. Mr. C., B. Mackde

Chalen,

8. 11. Dodryl,, meq. Deputy Chairmas.

How, W. W. H. Bell.

11. Copton, Eng. W. J. Inwick, Kary O. Kaight, Faq.

BATAVIA

AMOY

BANOLUK

BONDAY

GALONTA

QANZON

CHEFOO

COLUMB

DAINEN

GLOW

HASPHONO BAMBUNG SANKOW

HARBIN

HONOKEW

ELULO 170K

JOHOR

KOBE

KOWLOON

..

U. Miskin, Esq.

K. B. Morrison, Baq

T. X. Pascoe, Kay.

T. M. Grojburn Rog

Chin! Manager.

BRANCHES

LONDON

LIONS

HALAGOA

HANILA

GAB Johore)

MKDEN

SEW YORK

TIPING

TENANG BAXUOON BATION

SAN FRANCISCO

HUALA LUMPUR SHANUHAL

SINGAPOR

LOUBA BAYA

GUNGEI PATANI

TIENTS IN

UKTO

TRISUTAO

YOKOHAMA

Curssal Apoie opsied in Luce! Quay

sad Find Deponiša recital for one, your or

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

Incorporated by Royal Charter, 1853.

HEAD OFFICE: LONDON

Paid-up Capital

Reserve Fund

.£3,000,000 ........... £8,000,000

Reserve Liability of Pro-

prietore

THE CHINA MAIL, SATURDAY, OCTOBER 13, 1934

Commerce

Finance.

and

TIN AND RUBBER LOCAL SHARES.

SHARES

EB,000,000 Latest Quotations From

Agencies and Brunches:

Tanton

Alor S

Iloilo

Aborite

Ipok

|Bangkok

Karachi

eluarane

Batavia

Kirb

Byrernban

Dota bey

Коб

Manghal

Calcutta

Kuala

Cantos

•Lumpur

Compos

Kuching

Singapor BALD Bourabay

Caba

Madras

Talping

*Colombe

Manila

Tibisin

Dalbi

Medan

Tengkab

Indphoog

Hero bur

Pelp! pk

logo

InDow

Pexings

Harbin

Parang

Yokotama Zerbong

Hoa Reno

(buketj

Yoga Exchange and Jamal Banking barles Lashed,

Curraal Locounts opened and Fixed Depofta] recared for one your me storiar periode ai reise which will be gooked on application

W. H. K. THOMAS,

Acting Manager. Hong Kong, 20th February, 1984.

THE BANK OF CANTON, LTD.

Established 1912. Head Office:-Hong Kong,

abaster periods In Local Company and the Authorised Capital... $11,000,000! am teras wäich will be quoted on application. Hong Kong, 18th April, 1984,

HONG KONG SAVINGS BANK,

The Lumitem of the store flank la randust nd by the BONG KONG AND SHANGHA BANKING CORPORATION. Itula be obtainmi sa application.

FOR THE HONG KONG AND SHANGHAJ BANKING CORPORATION

V. GRAYBURN,

Chief Manight,

Hong Kong, 2015 February, 1984,

THE BANK OF EAST ASIA, LTD.

Authorised Capitalment para Paid-up Copia)

6#,000,000,00 #BBAM005,

A and Undield Profite 2,404,000,00

READ OFFICE:-KONG HONG

U. Bon Varuz Road Cantral

BOARD OF DIRECTORS

Xừ 8hausen Chow, Cheiras.

Ioan Chun, Eaq., P. K. Kwok, Eng., Wong -Jun Tong, Bay, Chan Ching Skak, Kaq., Li lab Jan E. Wong Chu Son, Beq, and "Han Yirg P. Lig

A03 Batatin

Bombay

Ondeuti

Bankom

Kas Tong Fo. Reg.. Uklal Maringor, IT Four Esq., Mangat.

BRANCHES AND AGENCIES-

Melbourne

Susitis

Semarang

· Alanila

Nagk

Nbangkai

New York

Osake

Kaiphoog

Farla

Hankow

Peiping

Hmojulu

Phot

Lobe

Rangoon

Kowloom Looden

Singe

Sua Fracle

Blagapore bourabaya Blow Sydney Talboku Tientsin Tokra

Ψεύσου της Tokohama

Every description of Barking and Exchange. Marion jamsačtað. Losna postel en approved

cuelian.

Current Accounts opewed in Lonul Cures and Fixed Deposits received for an 396 # shorter periods in Local and Porelja CurrencÍM in farms which will be quoted "application.

Safe Depot Sons To Las

RAN TONG PO,

Hong Kong, 163 March, 1994.

Chlef Manager.

THE BANK OF TAIWAN, LTD.

Head Office:-Talhoku, 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-j

hama, Keelung, Makong, Nants, Shoka, Shinchiku, Taichu, Tainon, Taito, Takno, Tamsul, Toen, Karenko Kagi, Heito, Giran.

Paid-up Capital

8,655,000

Total Resourcen Branches: Canton, Tolshan, Shanghai, *** $2,170,492 Hankow, Bangkok & San Francisco. London Bankers: Lloyds Bank, Ltd,

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

Current Accounts opened and Fired Deposits received for one year or aborter periods at rates which will be quoted on application.

Safe Deposit Boxes (various sizes) for hire.

1005 POONG GRAND

Celal Manager.

SAFETY FIRST!

To Safeguard Your Valuables and Jewellerles,

Deposit them in Vault

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

OUR SAFE DEPOSIT VAULT located on the Mezzanine Floor of Our New building in Specially Con- structed to provide all of these Im- portant Quailties.

You may obtain a Safe Deposit

Singapore

Mesara. H. B. Joseph & Co. [have received the following quo- tations from Singapore dated Oc- tober 6, 1934 on Tin and Rubber whares (prices in Straits Cur- [rency},

Mining

Kintas. $2.52% ox. b. $2.571⁄2

Kuchais, $1.06 b., $1.09 s. Lingule, $1.221⁄2 b. Lukuts, $1.021⁄2 b. $1.05 8. Rahmane, $1.16 b., $1.20 s. Sungel Luas, $1.30 b., $1.35 a. Takuapas, $22/6 b. Kampanga, $5/9 b.

T. Harbours, $5,85 b., $6.05 $. Rubbers

Alor Gajah, $1.50 b.

Ayer Panas, $1.77% b., $1.86 & Ayet Moleks, $1.20 b.

Bassetts, 70 cts. b., 75 cts. a. Bukit Katili, 70 cts. b., 75 cts. a. Brogas, 92% cts. b., 97% cts. 8. Changkat Serdang, $5.50 b. Glenealys, $2.20 b... 32.30 8. Indragiris, $1.20 b., $1.27% 9. Kempas, $2.76 b.

Kuala, Sidims, $2.40 b., $2.55 *. Malaka Pindas, $1.60 b., $1.65

5.

New Scudais, $1.75 b., $1.80 3. Nyalas. $1.17%1⁄2 b., $1.22% 8. Pajame, $2.20 b., 12.30 s. Punggers, 40 cts. b., 46 cts. 3. Sungei Tukanga, $1.07%

$1.121⁄2 8.

b

Telok Ansons, $1.30 b. Tapahs, $2.20 b., $2,30 8. United Malaccas, $1.72% n

$1.77% 8.

Ulu Pandan, $1.35 b.

General Overses Banking,

$29.50 b.,

$3.00 8. Raubs, $8.00 b., $8.25 s.

Box la this most up-to-date Vault for H.K. SHAREBROKERS'

your own use at a very moderata ReD-.[ tal

Inspection Cordially Invited.

THE NATIONAL COMMERCIAL & SAVINGS BANK, LTD. Corner of les House Birect And Des Voeux Road, Central

THE

AMERICAN EXPRESS COMPANY,

INC.

Head Office: 65, Broadway, New York

Capital Surplus Rasarves

.U.8.$8,000,000.00 2,087,112.69 1,995,528.81

Ansterdam Antwerp

Ather Amuka

BRANCHES:-

Olasgow Havana

MA Hica

Nupla

Firaoua

Dual

Harborg

Paris

Derlin

Пекто

Falpere

kow, Shanghai, Swatow.

China:-Amoy, Canton, Focchow, Han-

Bombay

Eldalber

Palermo

Bremen

Interlaken

Rotterda

Brunla

Jerusalato

Refe

Others: Bombay, Hong Kong, London,

New York,

Singapore, Batavia,

London

Bbregu

Calcutta

Liverpo

Cancer

Lucerne

Colombo

Lugano

Jublo

Copenhag Ellaburga Солета

Luxor

HareIco

Monte Carle

Manlle

SoulCampson. Blogapre Kantalo Thormine Vie Venic Yorense Zurich

Montreux

Samarang, Soerabaya, Dairen. On and after April 20th, 1984, the rata of Interest on Special Current Deposit will be at 14% p.a, on dally balance and the rate for balance ove $10,000 will be quoted on application (Maximum rate-1).

Y. OHNO,

Hong Kong Branch

Kugleh

Branches of American Express Com Manager.pany in Principal cities of United

States of America and Canada.

3, Des Voeux Road, Central.

All classes of Commercial Bankdeg Transactions undertaken.

ASSOCIATION

Stock Report

The following report was issued by the Hong Kong Sharebrokers' Association yesterday afternoon:

Banks $1635 3.

Bank of East Asia $91 b. Underwriters $1.00 b. Douglases $41 b. Unions 8520 sa, Gold Rivers 20 cts., b.

United Faracales 34 cts., b.

Raubs $12,10,8.

Lands $80 b., 2501⁄21⁄2 3.

Providents Old $1.45 b. Trams $19.70 'ga.

Ferries $972. b.

•

Yaumati Ferries $21 b. Lights Old $8.65 b., 58% 8. Lights New $8.35 b. Canton kes $2.55 h. Constructions Old $1.65.b. Constructions (new) 78 cta..b. -Wharves $107 b., $1071⁄2 sa. Lane & Crawfords 34:10 8. Nanyangs $4.65 b. Vibro Piling $6% h. Gold & Bonde 85% b.

THE MERCANTILE BANK OF INDIA, LTD.

HEAD OFFION:

16. Gurch Breet, London, E.0,8, Authorised Capital 48,000,000 Subscribed Capital

.... 1,800,000

THE YOKOHAMA SPECIE BANK Perona Investment accounts Paid-up Capital 1,050,000

Reserve Fund & Rest.. 1,247,482 BANKERS The Bank of Bagland Midland Bank, Lid.

BRANCHES||

New York

адвок Port Lula

handled.

LIMITED

Established 1880

The Company offers to Intending Bangkok Travellers the use of te valers Bombay Cheques" and Letters of Credit and Capital (fully paid-up) Yen.100,000,000 in addition, the world-wide cervices Reserve Fund

Yen,124,250,000 of its thoroughly equipped Travel De

prtment.

Colombo Calcutta

C. H. BENSON,

General Manager.

Head Offre:-YOKOHAMA

Branches and Agencies at:

Alexandria

Batavia

Berlin

Bombay

Calcutta

Canton

Nagasaki

New York

Nagovn

Ounka Paris

refping Rangoon

Dairen (Delay) Fongtien (Mukden) Rio de Jenetro

Hamburg Hankow Harbin

Honk font

Honolulu

Hainking

Karachi Kobe

Lonton

Los Angeles

Hanila

Hot

•

San Francisco

Santtle Semerang

Shanghai

Singapore

Sorabaya Sydney

Tinteis

Takya Tringtau Yingkow

S& Inter

allowed

on Utrent Ac-

Deposita received, for Basd periods

THE WING ON BANK, LTD. TONG KONG

Authorised Capital $10,000,000

Foreign Exchange and Banking Business of every description transact- Jed

Current Accounts opened and Fixed Deposita received for one year or shor- ter period at rates which will be quot- el on application.

Safe Deposit Boxes (various sizes) ffor hire.

PHILIP GOCKCHIN

Chict Manager

rates to be obtained on spoileation. L. GOCKCHIN...

O. RISHINAMI, F

Manager

Hong Kong, 11th September, 1984

Assistant Matinger

LI SHU-FONG "Assistar"-Markger.

Trab

Antidy

Earach

Kota Bharu

Kuala Liple

* (Mauritius) Taproom Kuala Lumpur Shanghel Kuantan (Pabang) Bils Jadran

Singapore

TAN

Banks,

H.K. Bank $1600 a H.K. Bank (London), £197% n. Chartered Bank £15% n. Mercantile Bank, A. & B. £30 Mercantile Bank C. £13. Bank of East Asia, $93 n. Am: 0. Finance Corp., Sh. $20 China 0. Fin. Ord., Sh. $4 n. China 0. Fin. Prež, Sh. $5 m. ́ ́ Insurances.

MANCHESTER MARKET REPORT

Tone Firm But Trade Still Slow

INDIAN BUYERS RETICENT

Manchester, Sept. 12,

JUSTICES RESERVE JUDGMENT

Nullah Murder Appeal

Case Concludes

VERDICT GIVEN NEXT WEEK

NEW ADVERTISEMENTS

NOTICE.

I, the Undersigned, Julio A. E da Silva of Macao will not be rea ponsible for any debts contracted by my son Jose Batalha da Silva (Zinho),

J. A. E. da SILVA, ¡

1

CHURCHESE

FIRST CHURCH OF CHRIST, SCIENTIST

tist, in Boston, Mass., U.S.A.] The First Church of Christ, Seline [Branch of The Mother Church,

Macdonnell Band, Below Bowen

TO-DAY'S QUOTATIONS. -- The most important feature of

Judgment was reserved until next the week has been, the lasue by week by Justices P. Jacks and J. J The following is the list of local, the United States Department of Hayden in the appeal of Ng Loi- share quotations issued to-day:

Agriculture of its second crop re- Yuen, against the sentence of death port of the season, which gives the passed by the Chief Justice. Mr. condition of the crop to September 9. on the charge of murder of A. D. A. MacGregor, on September 1st and the expected yield.

The market was not particularly Michael Pine, at the conclusion of D. bable yield from the

affected by an increase in the proterday, following three days of the hearing at Supreme Court yes-] 9,195,000

legal argument, bales to 9,262,000 bales, and in the yield per acre from 180.9 lbs. 10 by a Special Jury of the murder of n.162.6 lbs.

Appellant had been found guilty This report rather suggests that ing him into the Albany Nuliah on Michael Pine, aged eight, by throw- the United States Bureau erred on June 22, after a Common Jury had the safe side in the first forecast on failed to come to a decision. August 8, and is now bringing the figures more in line with the actual Attorney General, conducted the

Mr. J. A. Fraser, position, which discloses the fact case for the Crown, and was assist- that there appears to be little ed by Mr. W. J. Lockhart Smith, Sunday Morning shortage of the raw material. It Mr. R. C. H. Lim, counsel for the Wednesday Evening Meeting at 6 expected that there will

now be appellant, was instructed by Mr. T. ateadler conditions as regards cat P. K. Kemble, of Messrs. Wilkinson ton prices and thus help those with and Grist.

p.m. Reading Room at above al orders to place.

dress open, Tuesday and Friday, 10 With regard to actual trade there court yesterday, Mr. Lim amplified Public is cordially invlied to attend

In his concluding address to the Thursday, 5.30

4.m. to 12 noon, Monday and has been a healthier undertone injarguments with which he had open-the service and visit the Rending to 7 p.m. The the market, but business has agained, and replied been slow. Reports as to the dearguments.

to Mr. Fraser's Room. mand from India are conflicting but they cannot be described as healthy.

Hong Kong Calle Howrah

CNG KONG BRANCH Etary dancription of Banking and Exchange bund new traceacted

Travollars Chaque largod.,

Trustee and Executorships ander. laken..

INTEREST allowed on Current Accents and Pled Depealle at Bald that way be ascertained

0 application,

Manager.

|", Qosen's Food Central -

Hong Kong, 12th June, 1984.

THE SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED," (Incorporated in China): Capital-pak up Reserves ci

$5,000,000. Capital Savings Dept. 1600,000. $7,000,000.

Reserve Savings Dept, $800,000. Head Office-Shangbal

A Bank having na its miuion the Industrial development of China and the fostering of her commer- cial relations broad.

Hong Kong office 7 Ice House St. Phone: 31481-2-3

Canton Ins., $285 Union Ins., $515/012

88.

܂

China Underwriter, $1.15 D. China Fire Ins., $510 n. H.K. Fire Ins., $2371⁄2 n. International Assce. Sh. $6 n. Shipping.

Douglases, $41 b.

.

H.K. Steamboats, $7 1. Indo-Chinas (Pref.), $80 n. Indo-Chinas (Def), $38 m. Shell (Bearer), 47/6 m. Union Waterboats, $133⁄4 n.

...

Mining. Antamoka, 60 cts. n. Balatoes, Ex. Div. $37 n. Baguio Gold, Ex Dlv. 46 cts. n. Benguet Consolidated 41%

cts. D. Benguet Exploration 22 cts. n. Benguet Goldfield, 20 cts. a. Big Wedge, 10 cts, a. Gold Creek, $2 n.

Gold Rivers, 21 eta. n. Ipo Mining $21⁄2 n.

Itogans $6.30 n.

Salacots 16 cis, n. Kailan, 25/6 n.

Langkats (Single) Sh. $171⁄2 n. S'hai Exploration, Sh. 86 n. S'haf Loans, $81⁄2 0.. Raubs $12,90 n. Venz; Goldfield, $5 n.

Docka. etc.

H.K. Wharves, $106 b. H.K. Docks, $141⁄2 n. Providents (old), $11⁄2 n. Providents (new), $60 cts. n. Hongkews, (old) Sh. $810 n. New Engineerings, Sh. $4% D. S'hai Docks, Sh. $118 n.

Cotton Mills,

Ewo Cottons, Sh. $9.80 n. S'hai Cottons (old), 8h. $75 S'hai Coltona (new), Sh. $44 n. Zoong Singa, Sh. $0.40 n. Wing On Textiles, Sh. $55 n.

Lands, Hotels, etc.

n.

H.K. and S. Hotels, 6%/5.22% sa. H.K. Lands, $50 b., $50%, sa. H.K. Lands 4% Debentures 32%

prem. &.

Shanghai Lands, Sh: $27% n. Metropolitan Lands, Sh. $14 D. Humphreys, $10 n.

H.K. Realties, $41⁄2 b. Asia Realties "A", Sh. $140 n. Asia Realtles "B" Sh. 20 n. Chinese Estates, $90`n. China Renities. Sh. $151⁄2 n. Debentures, $137 n.

Public Utilities. II.K. Tramways, $19.60 n. Peak Trams (old), $14,n. Peak Trams (new), $7 n. Star Ferries, $981⁄4 n. - Yaumati Ferries $21. C. Lights (old), $8.60 b. C. Lights (new); $8.85 b. H.K. Electrics, $70 na. Macao Electrics, '$25 a. Sandakan Light, $8 s. Telephone (old), $221⁄2 sa. Telephone (new), $10.90 n. China Buses Sh. 18.20 n. Singapore, Tractions, 4/6 b. Singapore Pref., $18 b.

Industrials.

Malabon Sugars, $8.70 n. Cold: Macg. (ord.), Sh. $21 a. Cold: Macg. (Pref.), Sh. $20 n. Canton Ices. $2.60 n. Cements, $2.35 n. H.K. Ropes, $3% m.

Stores, etc. Dairy, Farms, $23.70 n Watsons, $5.60 m, Der. A. Winga, $1 n. Lane, Crawfords, 34 s. Mackintoshs, $21 n. Sinceres, $10 n. Wm. Powells, 70 ets. n. Wing On (H.K.), 110 n.

MiscellaneouLS.

H.K. Amusements, $4 n. Entertainments, $73%1⁄2 1 S.C. Enterprises, $1.80 n. United Theatres, Sh. $14. Macao "Greyhounds,” $2 n. Constructions (old), ·$1.80 n.° Constructions, (new), 18 ets. b Ch. Govt. 5% 1925 GSBd87%p H.K. Govt 4% Loan 8% pram. sa. H.K. Govt. 84% Loan 3% n. Wallace-Harpers, $75%)

Turnover At Low Ebb Calcutla gave poor support and the few bids received were well beyond striking distance. Some modest lots of dhooties and light bleaching cloths were booked for Madras, and there was a trickle of business in light whites and fancles for Karachi Amritsar.

Assistant

LONDON QUOTATIONS

Silver Market Rules Uncertain

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

Silver: Spot 24% (last close), 24-7/16| and (last recd.), 1/16 down (change).

Road Tram Blation. Sunday Service 11.15 a.m. Subject:-ARE SIN. DISEASE,

AND DEATH REAL? The Sunday school is held

at 10

on

o'clock

COLOUR FILMS IN LONDON

Three-Dimensional

· Effect Achieved

Renewed speculation as to the

Silver Forward 24% (last close), future of colour films is certain to The Indian market as a whole) 24-9/18 (last

reed.), 1/16 down be aroused by the forthcoming pre- was only a fraction of the normal

(change).

sentation of "La Cucaracha" (The turnover. At this time of the year and sold. China sold. Market uncer made

Silver Report:-Speculators bought Cockroach), a new two-reel feature opinions are usually exchanged as taim

in the to the future course of prices, and

recently perfected Gold: 143/3 (last close), 143/1 (last Technicolour process, which was at present they seem to differ very London/N.Y. Selling Rate: 4.92 (Inst month and will shortly be distribut

reed), 2d, down (change).

shown privately considerably. The weight of opin-close), 4.03% (last red.) 1%

in London

lon is, however, against speculative (change).

ed throughout the country.

last

buying, of which very little seems London/Paris Selling Rate: 14.06 No system of colour photography to be going on, and suggests a lack (last closa), 73.98 (last red.), .10 down yet demonstrated here approaches of confidence in the bigher value Liverpool Cotton-Jan.: 6.63

the clarity and definition that has now ruling,

(last

(change).

close), 6.83, (last recd.), unchanged.

been achieved with this latest and

In spite of this, prices continue Liverpool Wheat-Dec.: 6/5% (last moat remarkable process, very firm and naturally so as with close), 6/5% (last read) downl It is not quite true that the twin the smallest crop for a very many

(change). years in view the price of cotton 7 (last close), 7-3/16 (laat racd.), which scientists and colour experts

London Rubber Jan.-Mar: (buyers) lapping" the

problems of "fringing" and "over- can hardly be considered unreason-1/18 up: (change).-

main difficulties - 2 able.

SHARE MARKET

Weekly Report.

Hong Kong, Oct. 13.

Mr.

London Rubber-Jan.-Mar.: (sellers) have been trying to overcome dur- 17% (last close) 7% (art reed.) uning the past few years have been

changed.

satisfactorily solved in this film. At the colours still exhibit the old tendency to merge, Winnipeg, Yesterday, giving a temporarily blurred image. October 11 October 13 The effect, however, is supremely

Closing Closing restful-

London Rubber-Jan-Mar. at noon certain momenta (buyers) 7-3/16 (last red.)

Winnipeg--Wheat Futuren

October share report and market review May

G. A. Harriman's Weekly December issued at noon states:-

The market during the past week although quite active failed to men. tion its strength, consequently

prices

in many instances

were marked down fractionally to new low levels.

81% 79% 79

824 874

80% 80% Above all, the system opens up. 85% 86% hitherto undeveloped possibilities in the use of long-distance shots, which have so far defied the efforts of technicians, owing to the man- her in which the colours blend and become "muddy."

LOCAL NEWS BREVITIES

One case of typhoid fever Investment counters reported in the Colony during eased off with Hong Kong Trams 24 hours ended October 11. offering at $19.65 after business

done

slightly with Is It Insured?

was

Insurance ~~~ AJI--Classen- American Asiatic Underwriters LOWEST RATES

Fed Inc. U.8.k. General Agents

Head Office

at $19.60, Telephones (old){ were steady at $222. Hong Kong Electrics receded business done at $70/70%. Hong Kong Lands were steady at $501⁄4 cash although forward deliveries were obtainable in fairly large parcels at $50.50. Wharves, were arm at $107. Star Ferries came to business in small lots at 8984. Minor issues ruled much easier, with s

fairly large business. done in Hotels at declining rates from 17, The Bund | $5.47% to $5.25. China Lighte (old) were steady with enquiries at

Shanghai $8.60, having changed hands at $8.65/70 for cash and various for- ward deliveries, Providenta (old);} and Realties remained unchanged with buyers at $1.45 and $4,50 respectively. Among Sterling Issues Hong Kong Banks were easier due to a substantial rise in exchange to 1/8d. with shares offering at $1,660, after business done at $1,670, Unions were offering at $520 after sales at 580/685. The tone of the market at the close; shows a decidedly easier tendency which is mainly attributable to the strength of the dollar.

Business during the week has been done at the following prices:

Hong Kong Banks $1670- Union Insurances $520/630,A Hong Kong Trams $19.60/19.80. Star Ferries $98.5 Hong Kong Electrics $70/70%. China Lights, (old) $8.66/8.70. Telephones (old) $22.70. Realtys $4

Hotels $5.25/6.47%- Hopes

The new process is an outcome of the the three-colour system, which em-

ploys three rolls of film photograph- ed simultaneously, as against the two formerly used. In this way the three primary colours - red, yellow, and Hue are blended in such a way as to

give a three- dimensional effect.

Ari

by Mr. John Hay Whitney,

"La Cucaracha" was made by Pioneer Pictures, a company backed

American. Its immediate success in. the United States has prompted Radio Pictures to use the same EE. Ofer colour process for the production of Asia_Life"The Three Musketeers," in which Building Francis Lederer is to star, and also Tel: 30234 for "The Lal Days of Pompeii,"

another new picture for which Merian Cooper, a radio producer, ia Ila Italy collecting, data.

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 FOR WHITE, WELD & CO. NEW YOIK 7 ICE HOUSE STREET, HONG KONG

Tel. Address: Selco

Tel. 50101 and 30108

Unde Const

riters SL10.

ctions (new) Elvers 21/2