1934-11-03 — Page 6

RANKS

HONG KONG AND SHANGHAI BANKING CORPORATION.

------,-

Aborand Capital $50,000,000

BT Fu

Iloped and Polly Paid-up 20,000,000

Sterling

silver

Rasarve Liability of Proprietors

BOARD OF DIRECTORS. Hon. Mr. C. 0, 8. Mackie

Obairisen,

S. E. Dald, Ing. Deputy Chairman.

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

Incorporated by Royal Charter, 1953. HEAD OFFICE: LONDON

Mr. W. G. Bl.

A. H. Complao, Buq,

d. Enwich, Eng

0. Knight, Esq.

ANOT

JANGKOR

BATAVIA

BOHBAY

Chlst Manager.

KRANULIS:

LONDON

LIONH

MALACCA

MANILA

HUAR (Johor)

KUKORN

For Exchange and moural Banklar business

| trazimofa).

· THE CHINA MAIL, SATURDAY, NOVEMBER 3, 1934

Commerce and Finance

LOCAL SHARES.

TO-DAY'S QUOTATIONS.

NEW YORK STOCK

EXCHANGE

S. E. Levy And Co. And A.O.F.C. Quotations-

Last

Close 10,10 11,00 4.98 4084 4.08 NY..Cotton Dec. 1202 12.08 12.00

Mar:.

.12.09 12.15 12.18

The following in the list of local NY./London share quotations issued to-day:

Books

H.K. Bank $1620 b.

H.K. Bank: (London), £133 n. Chartered Bank #15% ní....... Mercantile Bank, A. & B. £80% 7. Mercantile Bank C. £19 n.

M Silver Dec. 52:40 52.60b 62.55b

·Mar.

68.25 53.50b 58.00 N.Y. Silk Dec. 115

GOVERNMENT BONDS WEAK

(Continued from Page 9.j

"Graina --The" possibility of a congestion in December options

*

+

NEW ADVERTISEMENTS

THE HONG KONG DEVELOPMENT BUILDING & SAVINGS SOCIETY LTD.

O

(IN LIQUIDATION)

The following quotations from New York have been received by Messra, until shorts and hedges are cover-

TOTICE IS HEREBY GIVEN R. B. Levy and the American Orientaled and the very low corn husking Finance Corporation.

returns were helpful Influences. that a General Meeting of Total sales. Wheat:29,478,000 Contributories will be held at the bushels: Corn:-13,707.000 bus-offices of Messrs. Percy Smith, Seth and Fleming, No. 6 Des Voeux help.

"Cotton Speculative support Road Central, (4th floor) Hong was negligible and Trade buying Kong, on WEDNESDAY. the 14th was on the light side. Some Pool November, 1994, at 2.30 p.m. for the purpose of receiving a report by jselling was reported..

"Rubber Speculative interests the Liquidators, and a Summary of were hesitant, while the Trade the Liquidators' Receipts and Pay- was the principal buyer, It ap-ments to the 31st July, 1984. proximately a 30 per cent restric tion malterializes, a considerable advance is likely. Automobile byre stocks are considered to be very small, being estimated at (about 8,000,000.”—Reyter:".

Am: 0. Finance Corp., 8h, 20C. Corn May.

..

w.

£ 8,600,000 $10,000,000

EXCHANGES.

$20,000,000

Paid-up Capital

.£3,000,000

HEAD OFFICE, HURGKONG,

Reserve Fond

.£3,000,000

TO-DAY'S QUOTATIONS

Reserve Liability of Pro-

prietors

On London-i

£3,000,000

T.T.

1/7%

Ageticles, and Branches:

On demand

1/73%

Alor Bla

Foto

Rangoon

Four months' sight

1/7/2

AREMBE

Bangkok

Ipek Karki

Balgòn

B

Credits 4 months' sight ..1/8%

Smith, Eig.

Bateria

Xiang

Setemb

i. Morrino, 2

Boubay

Koba

Shanghal

On Shanghat-

116b

T. E. Fearon, Eng

CaLouis

blogspoes

On demand

120

N.Y. Rubber

Claudion

Lumpur

Cawnpor

Kuching

9. M. Cheaphers, keq,

Cab

[Colounts

Manita

Ritawan Bourabaya Talping Tianla

On Singapore--

.Dec." Mar. 1

1

13.10 13.03 13.05 13.60 13.95

On demand

18%

13.90

Delhi

Mada

Toughs

New York

[Ebuber]

On Japan

Bank of East Asia, $93

C: Wheat Dec

May

97% D57%

08%

96

Hambourg

Palpin

Tringtes

Backow

(Poting)

Yokohama

On demand.

138

77%

Harbin 1

TRAUK

14inhoangs

On India.

On T.T. and demand

10714

China 0, Fin, Ord., Bh, 24 n.

W: Wheat May 81%

82

China O. Fin. Pref. 8h. 15 n.

STOCKS:

On New York-

On demand

40%

Amer Smelting 34% Auburn

3ã

28% 24%

Credits 60 days' night

412

Canton Ins., $285. n.

On Batavia-

Union Ins., $515. b., $520/325 en.

Con Gas NY. Du Pont

254

91%% 92

3544 24% 26% 92%

Elec Bond &

On dentand

59

China Underwriter, $1.10 b.

Share

9%

9%

0%

On Parla

China Fire Ins., $510 n...

General Motors 20

20%

29

On demand

610

Credits 4 months' sight

640

H.K. Fire Ins., $2871⁄2 n. International Assce. Sh. $8 á.

Int Tel & Tel

9

8%

监

Loew's Inc

29%

30%

30%

ceived by Besars. S. E. Levy from Reuter:

Montgomery W. 274

27

274

On Saigon-

Nat Distillers 22

22%

On demand

61

N.Y. Central

20%

21.

21

On Manila-

Standard Oll

$11,000,000 On demand

80%

NJ.

40%

41

8,055,000 32,170,492

31-325

40* 32/2

114% Rate %

23%

nom.

nom.

JALOUTTA DANTON JAKPOO JOLOMBO DAIBEN

OOOOW JAIPHONG

HAMBUKO MANKOW KARBIN HONGLEW

ILOILO

(UH

JOHOLE

KOBE

KOWLOON

• Current kocou

NEW YORK

PEIPING PESARO HANUCON HATOON

SAN FRAHOIkco

KUALA LUMPUR

SHANGHAI

SINGAPORE

JURABAYA

BUNGE PATANI

⚫ TORTO

TIMNTHIN

TOINGTAO

YOKOHAMA

speed to local Cutrany

Pited Deposita received for one you of korter perioda in Local Company and Berling farm which will be quoted on application. Hoor Box. 10th April, 1994.

HONG KONG SAVINGS BANK.

The Bunions of the bows Bank is conduct by the HONG KONG AND SHANGHAI Hulse may be BANKING CORPORATION.

Jenized sa application.

FOR THE HONG KONG AND BANDHAI

9. M. QBAYBURN,

BANKING CORPORATION

Chad Havier...

Hong Kuth Pabruary, 1984.

THE BANK OF EAST ASIA, LTD.

alberian! Cagatal me

ald-up Capital

..$10,000,000,00

..................$ 6 0,600.0

eta auf Sudirided Profts 92,484,000.00

HEAD OFFICE :-HONG KONG

11. Des Vaux Hand Central.

.ROOK

BOARD OF DIRECTORS;-

Bir Shou con Chor, Chalvelu

Koon Chun. Eng. P. X. Kwok, Ka

Ius Tour, Lay. Chan Ching shak, Eaq

dang, Erg... Wang Chi Hoo, Esq. and Ean Ying D. "Tag

BRANCHES AND AGENCIES-

Kupila Ajeltaurus

Tokyo VEG.OUTHF Tokoba Every desorption at Beaking and Exchange Loena grected on approved business trazamladı.

curiti

Current

Axunta opin Loval; Carriza Fixed Deposite reveled for Don Four of les parlode in Loval and Forsign Currencie * which be quoted on application.

Asta Deposit. Joten To

KAN TONG TO.

·Chief Maunyst,

Curreal Accouale pod and Fixed Deposite received for oba pour or shorter periode at rate which will be quoted or application..

W. HE THOMAS,

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

THE BANK OF CANTON, LTD.

Established 1912.

Head Office: Hong Kong.

Authorised Capital

Paid-up Capital

Total Resources

Branches: Canton, Toishan, Shanghai,

On Bangkok- On demand

Bar Silver per oz.

Hankow, Bangkok à San Francisco. Sovereigns Bank Buying London Bankera: Libyds Bank, Ltd.,

Foreign Exchange and Hanking Bar Silver in Hong business of every discription trans-

Kong acted.

Current Accounts opened and Fixed Copper Cash Deposits.rocessed for one year. or Copper Cents. shorter periods st rates which will be quoted on application........

Safe Deposit Boxes (various 'alzen)

for hire.

LOOK FOONG. 6HAN..

Oklat Masager.

SAFETY FIRST !· To Safeguard, Your Valuables and Jewelleries. Deposit them in a Vault

that is really FIRE PROOF

BURGLAR-PROOF

DAMP --PROOF 1,22

.... 1% prem. Rate of Native Interest 3% pa.

274%.dis. Chinese Sub, Coln ... Hong Kong Sub. Coin ... Par

Insurances.

Shipping,

Douglases, 641 n.......... H.K. Steamboats, $7 n. Indo-Chinas.(Pret.), $80 m. Indo-Chinas (Def:), 885 n. Shell (Bearer) $44/4% u. Union Waterboats. $13 n.

Mining....

Antamoks, '60 ets. n. Balatoes, $87.

Baguio Gold, 46 cts. n. Benguet- Consolidated $13.75 n. Benguet Exploration 18 cis, n. Benguet Goldfield, 20 cts. n. Big Wedge, 19 cts. n.

LATEST QUOTATIONS Gold Creek, 12.

The following quotations have been received by Messrs. S. E. Levy and Co.. and the A.0.F.C.

Nov. 1. Nov. 2.

January

You may obtain a Safe Deposit December Box in this mast up-to-date Vault for your own use at a very moderate Ren-

[March tal,

May Inspection Cordially Invited. THE NATIONAL COMMERCIAL | July, «

& SAVINGS BANK, LTD. Corner, of 16' House Street and Des Voeux Road, Central

THE

·

Gold Rivers, 22 cts, n. Ipo Mining $21⁄2 n. Itogans $6.30 n. Salacote 16 cts, a.

Kailan, 21/101⁄2 n.

Langkats (Single) Sh. $171⁄2 n. S'hal Exploration, Sh. $6 n. S'hai Loans, Sh.$61⁄2 n. Raubs, $10.75 b."-

HK. Wharves, $107 b. H.K.-Docks, $12 b. - Providents (old) $1.55 b. Providenta (new), $50 cts: n. Hongkews, (old) Sh. $315 n. New Engineering, Sh. $54 S'har Docks, Sh. $128 n.

U.S. Steel

London Prices.

Market Factore

The following telegrams was ré-|

Interest is centred on the weak-

J. HENNESSEY SETH, S. HAMPDEN · ROSS,

Liquidators.

Hong Kong, Brd November, 1984. -

SHARE MARKET.

Weekly Report.

Hong Kong, November 3, Mr. G. A Harriman's weekly

2244ness of Gold currencies, which re- sulted in arrangements for a shipment of Gold to the value of share report and market review $2,000,000 from Paris to New issued at noon states- York.

Although the market was bright Favourable factors prior to the at the opening prices in some sec- The following quotations from Lon Idon were received last night between opening of the market were: (1) tions showed a further decline 15.30 p.m. and 10.30 p.m.

There are still no signs of any after the Settlement on Tuesday. Silver Spot 23-1/2 (last close), 23-5/8 (list rerd), 1/8 up (change). Important liquidation developing. The main feature of the week was Silver Forward 23-5/8 (last close), (2) The Ford Motor Company's the big drop in Hotels which were 23-3/4 (last recd), 1/8 up (change). prosperity statement has aroused done down to $4.40 for January Silver Report: Speculators bought interest, but it has failed to elicit at one time, closing slightly better China sold.. Business small.

at $4.50 for the same delivery: Gold 149/10 (last close), 139/9 (last any response on the market

Unfavourable factors: (1) The Cemente again receded a little with recd), id down (change).

London/N.Y. Selling Rate 4.98 (last pressure against railroad issues. shares offering freely at $2.00 close); 4.98-6/16 (last read), 6/16 up (2) The weakness of Government China Lights (old) fluctuated be (change).

albonds,

tween $8.80/95 with shares offer- London/Paris Selling Rate 15.60

All American markets, with the ing at the former rate towards the (last clase), 75.65 (last reed), .05 up (change),

exception of Winnipeg wheat, will close, the new shares being in de Liverpool Cotton-Mar. 6.45 (last remain closed on Tuesday, Novem-mand at 38,65. Providents ·(old), close), 6.50 (last recd), .05 UP ber 6th (Election Day).

were slightly firmer with enquiries. (change).

Wall Street is firm with frac-at $1.55. Ewos weakened a great Liverpool Wheat-Doc. 4/11-1/4 (Inst. close); 4/11-5/8 (last recd), 3/8 tional gains. Some slight im deal and were dealt in at S$9.00... up (change).

provement seems to be indicated, Investment issuce attracted very London RubberJan.-Mar. (buyers) but a. sustained rally, at present, little attention, though there were 6-3/8 (last close), 8-1/2 (last reed), 1/8 up (change).

London Rubber Jan.-Mar. (sellers) 6-1/2 (Just close), 6-5/8 (last recd). 1/8 up (change).

London Rubber at noon (buyers) 6-11/16 (Inst 'read).

London's Forecast

{

is not anticipated.

a few small enquiries for Tele- The Chrysler Motor Company phones (old) at $23,15 and Hong has declared its regular quarterly Kong Lands at $51. Hong Kong dividend of 25 cents per share, Electries again, touched a new low The American Railway Associa-record of 368 but more shares could. tion reports carloadings at 624,- be placed at, this figure, Hong. A forecast, from London on the prob-1000 cars, a decline of 18,000 cars Kong Trams were on offer, at able trend of the New York market as compared with the correspon-319.80, business, having been done |statėx:-

In the absence of any new factors or ding period of last year.

E. A. Pierce Co.'s Report constructive news, Wall Street Ja ex-

Star Ferrles. In their market report, the and Dairy Farms were neglected. Ewo Cottons Sh. $10.10 s, $10/pected to continue stagnant.

The Rubber market should open American Oriental Finance Corn the Sterling section, Unions sharply higher, in sympathy with London.

Cotton Mills

11.

¡New York Cotton: Closing Closing

December

12.02 12.07

January

12.04

12.09

OUR SAFE DEPOSIT VAULT

March May

12.09

12.16

12.09 12.16

Kao Taoy Po. Eng.. Cilat Marger. LT Fong, Esq., Manager.

located on the Mezzanine Floor of July

12.03

12.15

Venz; Goldfield, $5 n.

Docks. etc.

Bettin

Balarin

Баталья

.

Our New building is Specially Con-October (1935) ́. stracted to provide all of these Im Spot iportant Qualities.

11.77

11.90

12.25

12.30

New York Rubber:

Bombay Saloutta

Vagrant

Shanghai

New York

BLASEDON

13,16

•-13,62

Unska

bouzabaya

Balkong

Packa

Burnley

Baahow

Paiping

Eerolais

Penang

byuky Zalik

13.29 18.50

18:72

13.93

Hob

Kangoo

Tienidla

13.68 14.14

Eerico

Haigoa

18.88 14.37

London

San Franc

September Chicago Wheat:

14:12 14.57

X 82.

December

97%

991⁄4

Shal Cottons (old), Sh. $75

n.

May

95%

9GZ

July

·89

89%

S'hai Cottons (new), Sh. 846 Zoong Singe, Sh. 19,40 m

n.

Chicago Corn: December

July

774 78 77% 78 77

78%

Wing On Textiles: Sh. 355 n.

Lands, Hotels, etc.

+

Winnipeg Wheat: December

H.K. and S.. Hotela, $4.70 s H.K. Land 851 b... #511⁄2 88. H.K. Lands 4% Debentures

2%

76%

78%

May July

81% 83 unquoted unquoted

.U.S.$8,000,000,00 2,087,112.69 1,095,523.31

New York Sugar: October March

BRANCHFS:--

Muy

1.73

1.34 1.84 1.69 1.30

1.73.

Amatordara, Awary Athena Auun

Berlia Bombay

Banca Glasgow

Hen Filew

July

1.77

1.76

Naples

New York. Silk:

Harass

Piromun

December

1.16

1.17

4

Hamburg

Parla Polpir

March

1.17

1.18%

Hdidberg Interlaken

Palerma

Ritled

May

1.18

1.19%

Brunnsla Cairo

alusta

Rhiaght

Montreal Silver: December

Ganna

March

Dubin

Copenhage Edinburgh

Monte Carlo

Manila

Munich

Vlow Yokobama Burich

May July

Go Cong at Stareb, 1954.

THE BANK OF TAIWAN, LTD.

Head Office-Talhoku. Fermosa, Incorporated in Japan by Special Imperial Charter, 1899. Central Bank of Formosa, Notas

lanced Average Amount Y45,000,000

'Branches and Agencies. Japan:-Kobs, Osaka, Tokyo, Yoko

hama, Keelung, Makong, Nanto, Shoka, Shinchiku, Talchu, Tainan, Taito, Takao, Tamaui, Toen, Karenko. Kagi, Heito, Giran, China: Amoy, Canten, Focchow, Hari-

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

AMERICAN EXPRESS COMPANY, May

INC.

Head Office: 65, Broadway, New York

Capital Surplus Reserves

Fre

Floranca

On and after April 20th, 1984, the Colomba eate of Interest on Special Current Deposit will be at 14% pa. on daily balance and the rate for balance over: $10,000 will be quoted on application

Maximum rate-1%).

Y. OHNO,

Manager.

Bong Kong Branch

3. Des Voeux Road, Central. -

THE YOKOHAMA SPECIE BANK LIMITED.

Londoa

Liverp

Legno

Leade

Bolhar prom

Singap Mantilu Teorios

Vienne

Montres

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

All classes of Commercial Banking Transactions undertaken.

Personal investment accounts bandlod.

bbid

52.40 52.70 53.35 53.69 53.99 54.15 54.500 54.85b p-cominal,

-THE MERCANTILE BANK-OF

INDIA LTD.

HEAD OFFICE

£3,000,000 1,800,000

15. Gracechurch Street, London, E.G.J Authorised Capital Subscribed Capital Paid-up Capital..... Reserva. Fund & Rest

BANKERS The Dank of England

DRAHOKUES

1,050,000 1,247,492-

Midland Bank, Lad.

Yew York

Established 1880

Capital (fully paid-up) Yen.130,000,000 Cheques" and Loiters of Credit and, Beserve Fund

Yan.124,250,000 m, addition, the, world-wide cervices bf its thoroughly equipped Travel De- partment.

The Company offers to intending Travellers the use of its "Travelers

Bangkok

Ipoh

Bombay

··Kandy

Calcutta

Karnes

*Colombo

Kota Bharu

Dalki

"Kuala Lumpur

Hong Ang Howrah

Hadre

Head Office:-YOKORAMA

Branches and Agencies at:

Alexandria

Batavia

Berlin

Bombay

Calcutta

Canton.

Nagasaki Nagoya -New York

Osaks Paris Peiping

Dairen (Dalny) Rangoon Fengtien (Mukden) Rio de Janeiro

San Francisco- Sextus

Harbin

Hong Kon

Karachi

Semarang

Shangha

Singapore Sperabaya

Honolula

Heinking

Sydney

Roby

Tientsin

London

Tokyo

Los Angeles Kanila

Tsingtau

Yingkow

Mojl

Inserent allowed on Curent, At-

Deponita recefred for fix

29) rates to be obtained on ADD

ACS-KISHIN.

Hong Kong, 11th Set

¿. H. BENSON,

General Mandrer.

THE WING ON BANK, LTD. HỒNG RONG

Authorized Capital $10,000,000

Foreign Exchange and Banking

Business of every description transact

fed,

Current Accounts opened and Fixed Deposita received for one year or shor ter period at rates which will be quot |ed on application/

| Safe Deposit Boxes (various sizes),

for hire

Y

PHILIP GOCKCHIN

A chief Manager: GOCKCHINS VEGA Assistant Manag

عالدل

Penang

Port Loui

(kautetilan) Rangoon Shanghai

„Kuantan (Paliang)' Bial"

SIGNG KONG BRANOR

Every description of Backlog and Exchange bond- Travallers Dégone Immed

Trustee and Executorships under- bikeningkunga

INTEREST "allowed''an Current Aremonts, and Fixed Deposilu 11. Balon Phat may be securtalov op:application.

"J.-B. BÖBS-

•Manager, 17, Qown's Bond: Central: *

Hong Kong, 12th June, 1984/N

THE SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED.

* Incorporated in China);

$5,000,000. Capital paid up Reserves

Capital Savings Dept.. Reserve Savings Dept: $500,000 Will Head Offen-Shanghai-

A Bank having as 128 mission?

Kindmütetal development

"and the 3osterin

Feldt rellition

Hong Kong offe

prem. n.

Shanghai Lands, Sh. $29 n. Metropolitan Lands; Sh. #14 n. Humphreys, 1954. a.

H.K, Realties, 841⁄2 n. Asia Realties "A". Sh. $140 p... -Asia Realties "B" Sh.$20 ¤. Chinese Estates, $90 n.. China Realties. Sh. $15% n. China Debentures Sh. #173 n.

Public (ties. H.K. Tramways, 119.65 m. Peak Trams (old), $14, u- Peak Trams (new), BY n. Star Ferries, $9711⁄2 m. Yaumati Ferries 1221⁄2 þ. C. Lights (old) $8.90 n. C. Lights (new); $8.70 z.. H:K. Electrics $68

Macao Electrics, $25 n. Sandakan Light, $38... Telephone (old), $23.65 s., $23.

20 GA.

Telephone (new), $10 n. China Buses, Sh: $18.20 n. Singapore Tractions 4/3 b. Singapore Pref., $17/9 b.

Industrials

Malabon Sugars, 38.70 m2. Cald: Macg. (Ord.), Sh. $21 ́n. Cald': Macg. (Pref.), Sh. $20 n Canton, Ices, 33 b.

·Cements, $2.15 a H.K. Ropes, $84 m.

Stores, etc. Dairy Farms, $28 n. Watsons, $5 n/ 'Der. A. Wings," $1 n.

Lane Crawfords, $4 n Mackintonhs, $21 Sinceres, $10 m. Wm. Powells, 70 cta. 1, Wing On (HK) $110 D.

Miscellaneous..

H.K. Amusements, 84 n. Entertainmenta-371⁄2" në 3.0. Enterprises, 31 h:200 -United Theatres, Sh. 311⁄4 0. Macao Greyhounds," $2 n Constructions (old); $1,80 na

tions (new); 76: ets:5, Vibro Piling $6.60m Ch. Govt, 6%-1925 HK Govt 4%

HK Govt 81

prem, b Wallace Harpers,

lat $19.70/80. Wharves remained Jia demand at $107.

The

poration, correspondent for Messrs were wanted at $515, after sales at Wheat prices are likely to go higher E. A. Pierce and Company New $515/20. Hong Kong Banks were on the continued strength of the cash York state:

quiet with sellers at $1,640. position, while reports of a "Stocks: The early strength did market again closes on the easy hoppers in South Australia should bolster sentiment.

not carry through very convincing- side..

In Colton, higher prices are expect-lly, and we think that the discourag Business during the week........has: ed in view of Mr. Cordell Hall's ring action of railroad issues was a been done at the following prices: posal. confirming the Secretary of Agriculture's policy to stimulate the handicap.

export of cotton by relaxing American "Wheat: December wheat post- import barriers rather than lowering tion is tight, with prices reaching prices, while acreage restriction should the wideat-difference of the season. be continued, independent of the Bank-The strength of the Winnipeg and head Act. It was recently stated,

however, that the exisiting contracts foreign markets was a factor of will permit signers to plant at least 25 influence. pet cent above the 1981 acreage.

H.K. SHAREBROKERS ASSOCIATION

Stock Report ́

The following report was issued by the Hong Kong Sharebrokers" Association yesterday afternoon. United Paritaler 38 cts. b. Gold Rivers 22 cts. b. 29 cts. sa. Raubs $10.75 h Hotels $4% 8. Lands $51

Humphreys 80 b Wharves $1071⁄2 :b.· Providents Old. $11⁄21⁄2 ́ ́hi Yaumati Ferries.8221⁄2 b. Lights New-88.65 b Telephones New $10. Canton Ices $3 b. Cements 82.05 a.. Ropes 82% b.

Constructions New 75 cts.. b. Constructions Old $1.60 b. Gold

Bonds 85% b Govt. Loan 4% 8% ha Govt, Loan 31⁄21⁄2% 2% b Vibro Piling $6.60 ea.

Is It Insured?,

Insurance A}},CHAINS

LOWEST BATESËS American Asiatic Unifler Fød, Inc. USA: General Agents **

"Corn: The undertone was strong, in spite of profit-taking.

"Cottong Liquidation was less urgent. Switching from December to distant months strengthened July and October cotton. Trade demand was constant, but it was The technical position not large.

of the market has improved.

"Rubber: The London market

Union Insurahées' $515. Underwriters $1.15. Waterboats $13.26. Humphreys $9.16. Raubs $10.80 Lands $51.00/51,75.

Hong Kong Tramis $19.70/19.80. Lights (old) $8.90/9.00. Lights (new) 88.70... Hong Kong Electrics $69. Telephones (old)" $23.20, Dairy Farms $29.00. * Entertainments $6,90/7.00. Providents (old): $1,60. Constructions (new). 78 cts.

was firm. The market here was Money in circulation increased by steady. There was some good buy-$18,000,000,00

ing by dealers and Houses with The Vicker-Chemical Company foreign connexions on a rumour has declared an extra, dividend of that a 80 per cent, cut in restriction 10 cents per share. The Standard would be announced on Wednesday. Oil Co. of New Jersey has declared

"Flashes: "Analyst Index of Busi-an extra dividend of 25 cents, për ness Activity: 74.9. against 70.3 share. EH last week. Automobile output in All the American markets, with the United States during the week the exception of Winnipeg whent, amounted to 23,626 cars, compared will be closed on Tuesday, Novem- with 26,069 cars the previous week.ber 6 (Election Day),"-Reuter.

S. E. Levy & Co.

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