1934-11-14 — Page 6

BANKS

HONG KONG AND SHANGHAI- BANKING CORPORATION.

authorised Capitatabikerna Seed and Fully Paid-up »nomatos Bs Funda —

Marling

Bar RINTI

$50,000,000

Honorre Liability of Proprietare

READ OFFICE, HOSTRONO,

BOARD OF DIRECTORS. Hon. Mr. C. U, J. Meckle Chairman,

Hou Ms. 5, H. Dewg}.

· Deputy Chairman.

W. 1. Balk. Bay.

H. Compton, Esq.

d. Krick, Log.

§. V. Knight, Esq.

k

AMUT

-BANOKOK

BATAVIA

BOMBAY CALCUTTA CANTUN CHEFUD COLUMBO

DAINEN PODGROW

HAIPHONG

HONOSEW

KAMBERO

MANKELS

BARBIN

ILOILO

SPO!!

JOHORE

KOBE

KOWLOON

Q. Miskin, Esq.

23,000,000

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA,

Incorporated by Royal Charter, 1883.

HEAD OFFICE: LONDON .

£9,500,000 $13, 3

$20.005530Paid-up Capital

£3,000,000

Reserve Fund

.£8,000,000

Reserve Liability of Pro-

prietora

.£3,000,000

Agencies and Branches:

Alor Star

Iloilo

Proget

Amritsar

!pok

- Madgea

Bangkok

Karaok

ВЛАСНОЕ

Bateria

Bloat

Burabay

Bobe

Calent

Canfort

Lampu

Corpor

Kucking

Bourabaya

Ceby

Talpinx

#Calst

Halla

Tientda

Delb

Medan

Tangkah

Malpboes

New York

(likuker)

Hembuss

Priping

Taingia

Henkow

Taknania

Warbin

TORO

Darabosaga

Hong Koog,

tramoled.

E. 8. Murti, Eeg.

I. E. Paros, Leg

V. M. Grayburn, kaj,

Chief Magur

BRANOKES:-

LONDON EXYONG MALACCA MANILA

MUAR (dubar

WORDEN

SEW YORK

PEIPING

PENANO BANGIOON

·WAJUON

SAN PRANCIHCD

KUALA LUMPKJEL

SHANGHAI

SINGAPORE

SHURABAYA

SUNUKI PATANI

TIENTSIN

TIMYO

TSINOTAU

YOKOHAMA

Currans áivate opened i al Currency and Fixed Deposita esswired for 250 yan! de shurter periode to Loce! Company and Steeling

Rezinbes Alm Glugapore Bilikwan

THE CHINA MAIL,- WEDNESDAY, NOVEMBER 14; 1934

and

Commerce

Finance

LOCAL DOLLAR DECLINES

Silver Prices Lower

The local dollar has declined %, opening on demand this morning at 1/734.

Spot and forward silver prices declined closing at 24% and [25, respectively.

The London on New York cross- rate, which closed on Tuesday at E-U.S.$5.00 closed yesterday

c

Forni Exchange and Baneret Booking busin£-U.S.$5.00%, while the New York

Current Locale uprind and Fleol, Depron London rate closed at £-U.S. received for one year or shorter periods at $5.00%. which will be quoted on application.

W.H. E THOMAS,

Hong Kong, 20th February, 1934.

Acting Manager. U.S. COTTON EXPORT

OPTIMISM

THE BANK OF CANTON, LTD.

Established 1912.

Bend Office:Hong Kong,

tarmi which will be quoted on application Authorised Capital

Hoog Kung. 14th April, 1934,

Paid-up Capital

$11,000,000 8,355,000 82,170,492

*

Finding Of Foreign Markets Foreseen

WHITE HOUSE DISCUSSION

SPECIAL TO CHINA MAIL Total Resources

(By Telegraph, Copyright, Telegra Branches: Canton, Toishan, Shanghal, phie Messigen. Ordinance, 1894. Re Hankow, Bangkok & San Francisco.ceived November 14, 506 4,95), HONG KONG SAVINGS BANK. London Bankers: Lloyds Bank, Ltd.,

Washington. To-day. President Roosevelt, the Secre- tary of Agriculture. Mr. Henry Current Accounts opened and Fixed C. Wallace, Mr. Jesse Jones, Deposits received, for

or Chairman of the Reconstruction shorter periods at rates which will be Finance Corporation, and Sena- quoted on application. Chief Minigt.

tors representing the cotton area Safe Deposit Boxes (various size) yesterday, discussed the cotton iz hire.

|situation.

The Business of the store Bank la mendunt. by the HONG KONG AND SHaÑonal BANKING CORPORATION.

ablained on application.

"Keine may be

FOR THE HONG KONG AND SUANGUAL

BANKING CORPORATION

V. M. UBATBURN,

Hong Kong. 24th February, 1954.

THE BANK OF EAST ASIA, LTD.

Kathorised Capli

Pald-up Capital .........

$10,000,000.00

... A,ESELOUD.K. serre and Undivided Prosta $3,4,600.06

HEAD OFFICE HONO KONG

13, De Your Road Central.

BOARD OF DIRECTORS: — Bir Shou-son Chow, Chalet

Lison Chub. Eng. F. 5. Ewok, Eng., Woog Iva Tong. Eng., Chen China Abek, Esq. ld LAG Sang, Ery, Wong Chu Sau, Esq. and Kan Ting P. Liq.

Kan Tots Po. Eq.. Cllet Manager. LI The Foug. Eng. Manager.

BRANCHES AND AGENCIES:-

Maalla Maturas

Aida

Jakay

Belaria Baby

Calcutta

New York

Bemarang Shanghai Bingapors Surabay

bidaej

salon

Daka

Palping

Parla

Macke Honolulu

Kowloon

Penaug

.Rangoon

Beigon

Ban Prassinos

Tribolu Ti Toky

Yokohama Eg description of Deaking and Kashangy Lens: granted on” approved Die Demoled.

odontopred, in Eonal Guzm Fixed Depels restend for an your se a paroda in Lost and Foreign Currencies

He which will be quoted no applicetas. Bale Deposit Bom To Bel

KAN TONG PO,

Chief Masiger.

1.

Hong Kong. Lat. March. 2004.

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, Japan:-Kobo, Osaka, Tokyo, Toko- hama, Keelung, Makong, Nanto, Shoko, Shinchiku, Taichu, Tainan, Taito, Takno, Tamaui, Toen, Karenko, Kagi, Helto, Giran.

Foreign Exchange and Banking business of avary discription trans acted.

ope year

LOOK POONG SHAN,

Ohlet Manager.

SAFETY FIRST! To Safeguard Your Valuables and Jewelleries. Deposit them in a Vault that is really FIRE-PROOF BURGLAR-PROOF DAMP PROOF 1:

OUR SAFE DEPOSIT VAULT

Mr. Wallace said that no con- clusions had been reached and that he had merely laid the sit- uation before the President, who must announce the acreage de- cision before December 1.

as

Mr. Wallace said he believed: that the country is headed for a 8,000,000 bales carryover, compared with 10.000.000, bales located on the Mezzanine Floor of last year, and that he is optimis. Our New building fr Specially Con-Itic concerning the finding of for- structed to provide all of these Im-eign markets for the cotton crop. portant Qualities..

-United Press, per S. E. Levy

You may obtain Safe Deposit and Company. Box in this most up-to-date Vault_for (your own use at a very moderate Res- ital.

China:Amoy, Canton, Feochew, Han-

kow, Shanghai, Swatow. Others:-Bombay, Hong Kong, London, New York, Singapore, Batavia, Samarang, Soerabaya, Dairen. On and after April:20th, 1988, the rats of Interest on Special Current Deposit will be at 17%, pa, on, daily balance and the rate for balance over] $10,000 will be quoted on application. (Maximum rate-1),

T. OHNO.

Manager,

8, Des Voeux Road, Central,

Hong Kong Branch

THE YOKOHAMA SPECIE BANK LIMITED.

Established 1880

Capital (fully paid-up) Yen.100,000,000 Yen.124,280,000 Reserve Fund".

Head Office:-YOKOHAMA

Branches and Agencies at:

Alexandria

Batavia

Balla

Bombay

Calcutta

Ganton

Dairen (Dalny) Fangtien (Mukden) Hamburg

Bankow Harbin

Kong Heinking

Honolulu

Karachi

Kobe

London

Loy" Angeles

Manila

PATIE

Nagasaki Nagoya New York Osaka

Pelping Rangoon Rio de Janeiro San Francisco Sentile..

Semarang

Bhanghai

Bingapore

Soersbays

Sydney Tientsin Tokyo

Tsingtau Tingkow

Inspection Cordially invited.

THE NATIONAL COMMERCIAL

SAVINGS BANK, LTD. Corner of Tea House Street and Des Voeux Road, Central

THE

AMERICAN EXPRESS COMPANY,

·ING:----

Head Oßer:-65, Broadwag. New York

Capital

محكاة

.U.8.38,000,000.00.

2,087,112.69 1,995,528.81

1.

Milan.

Natas

Surplus Reserves

BRANCHES

Amsterdam Aolec

Ganon Glangor.

ง

Darlin..

Bombay

Havice Hamburg Harry Heidelberg

Pelpli

Palerms

Besmed

Laistlaken

Rollarda

Brimsala

Jerusal

Cairo

Chiude

Casser Colombe

Coppingsa Latior Is

London Everpool Lucerna Engine

Marvailies

Shangha.

Boot Sampos Bingapor

Edinburgh

ro

G

Moule Dazin

Maria

Kunich Motwan

1

Tantalu Taormina

Vienam Yulon Yokaz

BANK DEPOSITS GROWING

AIN AMERICA

New York, to-day-Federal Re serve member banks' met demand for deposits has declined by US.$29,000,000, but deposits were US:$2,916,000,000 above last year's figures.-United Press per S E Levy and Company.

Branches of American Express Com-| pany In Principal cities of United játates of America and Canada.

All classes of Chimercial Banking Transactions, undertaken.

Personal Investment accounts handled,

BANK OF ENGLAND CUTS DISCOUNT RATE?

New York, To-day. According to message from London it is rumoured that the Bank of England has lowered, the diecount rate from 2 per cent, to 12 per cent.-United Press, per S. E. Levy and Company.

TELEGRAPH CO'S PROFITS.

DECLINE

New York, To-day-The Western [Union Telegraph - Company reports a, net profit of U.3.$100,642 during September, as against a profit of US$347.408. last. year.-United Presa, per S. E. Lavy and Company.

THE MERCANTILE BANK OF INDIA, LTD

HRAD OFFICE

15. Gracechurch, Street, London, 2.0.0, Authorised: Capital £3,000,000 Subscribed; Capital 1,800,000: Paid-up Capital... 1,050,000 Reserve Fund & Rest....... 1,247,438.

The Bank of Englan: 3. Midland. Bank, 14. BRANOIDES T The Company, offera to. Intending ang gay how York- Travellers the use of its. "Travelers] CalSTIA Cheques" and Letters of Credit and, addition, the....world-wide services

its thoroughly equipped Travel De partment,

C. H. BENSON General `Maz

Manager.

THE WING ON BANK, LTD.

HONG KONG

Authorised Capital $10,000,000

Foreign Exchange and Banking Businesn of every description transact ad.

Current Accounts opened and Fixed Deposita received, for one year or shor. ter period at rates which will be quof"; |ed^on"application,****

Moji:

Interset allowed on Cźrent Ac-for hire.

Deposits received for fixed Bi-ates to be obtained on a

AA KISHINAM

Hong Hong, 11th Beptember

Safe Deposit Boxes (various

PHILIP GOCKCHIN.

GOCKCHINAS wind Alsistant Managers

Bombay!

Karachi

Coleba

Penang Fort Laude Kuta Bharu

(Marian) Benrom Shanghai Kuala Lumpur Kuantan (Fabang) Srlä Madras

Singapor

MITVE

Howrsk

HONG KONG BRANOR Every description of Beaking and Buchange bari-

mees, transacted A

Denvallers Choques incred, “

Trustee and Executorships under Itaken...k

INTEREST" "allowed, "on Current Apomezia "ind Pipod. Doposita si. Halen that may be ascertaland. on application.".

-J, B, HOBB,

Gren's Bond Cantes!" Hong Kong, 12th June, 1984-

THE SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED,

(Incorporated in China).

Capital gald up, Reserves Capital": Savings Reserve Baving

sizes)||||f Hand Offer... 8

LI BHU FONG:

$600,000.

A Bank having as itɛ. misalon, the: Industrial development? China's ant the fostering of her commer fetal relations: abro

Hour: Keog odl

··LOCAL SHARES.

TO-DAY'S QUOTATIONS.

WIDE OPERATIONS OF FRESH RUMOURS OF

THE R.F.C.

Where The Money Goes

SPECIAL TO CHINA MAIL. By Telegraph, Copyright, Telegrai phic Alessages Ordinance, 188k. Re [ceived November 15, '500'uan.),

New York, To-day...

The following is the list of local since it started, U.S.$8.414,514,-| share quotations issued to-day:

Banks,

H.K Bank 1610 b., 1630 sa. H.K. Bank (London), £134 n. Chartered Bank £10 n. Mercantile Bank, A. & B. 233 n. Mercantile Bank C, 813 n Bank of East Asia, 199 n. Am: 0. Finance Corp., Sh. $20 China O. Fin. Ord., Sh. $4 n. China O. Fin. Pref. Sh. 45 d.

Insurances. Canton Ing $285. Union Ina.. $520 b. China Underwriter, $1.15 m. China Fire Ins., $510 n. H.K. Fire Ins., $2371⁄2 n. International Assce. 8h $6 n.

Shipping.

Douglases, $41 n. H.K. Steamboats, 374 n. Indo-Chinas (Praf.), $80 n. Indo-Chinas (Def.), $88 ̧n ̈ Shell (Bearer) $43/11⁄2 n Union Waterboats, $193⁄4-n.

Mining..

Antamoks, 80 cts. n. Balatoes, $37 n. Baguio Gold,.46 cta. n. Benguet Consolidated $13. Benguet Exploration 18 cts. n. Benguet Goldfield, 20 cts. n. Big Wedge, 10 cts. n. Gold Creek, $2 m.

Gold Rivers, 21 cts. b. - Ipo Mining $21⁄2.n, Itogaus $6.30 n.. Salacots 16 cts. n. Kailan, 19/4 n. Langkats (Single). Sh. $17% . S'hai Exploration, Sh. $81⁄4 m. ́. S'hai Loans, Sh.$61⁄2 n. Rauba, $110. Venz; Goldfield, 36′ p...

Docks, etc.

H.K. Wharves, $109 n. *H.K. Docks, $12% n..

Providents old) $1.55 b. Providents (new), $50 cts, n. Hongkews, (old) Sh, $315 n. New Engineeringe, Sh. 351⁄2 n. S'hai Docks, Sh. $128`n.

STABILISATION

Sequel To Treasury Move In U.S.

www.

WALL STREET OPINION

New York, To-day. The Treasury order removing

The Reconstruction Finance Corporation has announced that foreign exchange restrictions is expected ultimately to benefit-the 188 has been available to borrow-dollar, and some Wall Street au- ers and Government agencies, of which U.S.$724,988,918 has been thorities believe that the action forecasts a pending atabilisation withdrawir and U.S.$1,216,626,-|

agreement with, England..? 966 is still available.

Favourable market factors yes The sum of U.S.$4,608,726,470} has been expended for other pur-terday were that the Iron and Steel Institute has announced production poses than advances to Govern-

eent of capacity, ment agencies,

which at 27:3 per a.U.S.$2,251.777,613 has been re-against 26.3 per cent. last week. paid. United Press. per S. E. that business failures are reported at 223, us against 233 last week Levy and - Company.

nd 338 failures during the corres-

Cotton Milla. Ewo Cottons Sh. $10.15 n.. S'hai Cottona (old), Sh. $77% n. S'hai Cottons (now), Sh. $4674 Zoong Sings, Sh. $9.40 n. Wing On "Textiles: Sh 55 m.

Lands, Hotels, etc.

H.K. and S.. Hotels, $4:65 b

$4.70 sa.

H.K. Land, $51b.

of

RAW RUBBER PRICES ponding period of last year, Latest Quotations From reporting to President Roosevelt

Singapore -

An unfavourable factor was that the New York Power Authority in

said that State electricity rates should be halved and estimated | Messrs. H. B. Joseph and Co. have that the St, Lawrence project would received the following Straits Cur-save consumers 27 per cent. reney quotations from Singapore S. E. Levy And Company's Report for Raw Rubber.

Jan-Mar 22% down . April-June 24% down. Market:-Dull.

Tin And Rubber

NEW ADVERTISEMENTS

HONG KONG PHILHARMONIC

SOCIETY

MERRIE ENGLAND (Concert Version)

China Fleet Club Theatre

SATURDAY, Nov. 17th & 24th. at 9.30 p.m. sharp

BOOKING NOW OPEN

At Messrs. Anderson's

Admission $3, $2 & $1 plus tax

NOTICE.

ISLAND WATER SUPPLY.

J

IS HEREBY NOTIFIED that commencing on THURSDAY,

In their market report, Messrs. 15th instant the hours of supply in S. E. Levy and Company, corres. all districts on the Island will ba pondents for Messrs. White. Weld

and Company, New York state:

"Stocks: The market is showing

6 am. 9 p.m.

R. M. HENDERSON,

Water Authority.

some hesitation at this level, but Public Works Department,

we

believe that any reaction should again be utilized for pur- on chases. shares.

The following are quotations from Singapore, dated November 7, Tin and Rubber shares (prices in Straits.currency): -

Mining

Kuchais 96 cts b., 99 cts. . Linguis $1.221⁄2 b. Naing Pets 90 cts. b. Sungei Luas $1.20 5. Southern Kintas $4.40 6.

T. Harbours $640 Cam. b., $6.75

Cum

Rublers

Alor Gajah $1.55 b. Ayer Panas $1.80 by $1.88 s. Ayer Moleks $1.00 b. Bassetts 70 eta, b., 75 cts. 8. Bukit Katils 70 cts. b., 75 cts. 8, Brogas 87 cts: b., 92% cts. s. Brunei United $5.00 b, Glenealy $2.07 b., $2.17%1⁄2 s. Indragiris $1.17% b., $1.25 s. Kempas $2.75 Cum. b. Kuala Sidims $2.50 b., $2.55 a. Kluanga $5.50 b.. $0.00.a.. Malaka Pindas $1.60 by $1.65 8. New Scudais $1.80 b., 31.85 8. Nyalas $1.22b, $130 %." Pajams $2.10 b., 82,15. 3........ Tapahs $2.10 b., $2.15 a. Ulu Pandan $1.85 b. Un. Malaccas $1.75 b., $1.85 s. Ulu Benuts 50 cts., 51% cts, s. General

Oversea Banking $29.00 b, $29.25

9.

H.K Land's 4% Debentures 1% Raub Gold $7.90 Cum. b., $8.25

D.

Shanghai Lands, Sh. $29 m. Metropolitan' Lands, Sh. $14 n. Humphreys. 89%. H.K. Realties: 841⁄2 'n.'- Asia Realties "A", Sh. $140 D. Asia Realties "B" Sh.$20.n. Chinese Estates, #9010452 China Realties. Sh. $15 n. China Debentures Sh. $187-n.

Publle Utilities.” --- H.K. Tramways, $19.10 b. Peak Trama (old), $14 n. Peak Trams (new}, $7_n. Star. Ferries, $971⁄2 ¤. Yaumati Ferries $221⁄4 n.. ́C.. Light (old), 38.90 b., -89.10 8.

C. Light (new), $8;65 b. ̧ ̧. HK. Electrics+$67% Macao Electrics; $25 n. Sandakan Light, #3-8. Telephone: (old), $23,10-b... Telephone (new), $9.85 n. China Buses, Sh. $18.20 n.. Singapore Tractions 4/9`b. Singapore Pref., $17/9 b.

Industrials.

.

Malabon Sugars, $8.70 n. Cald: Macg. (Ordi), Sh." $21 Cald: Macg. (Freft), Sh. #20 n. Canton Ices, $9 b. Cements, $2

TEA

H.K. Ropes, $51⁄4 0.

Stores, etc. Dairy Farms, 13 D.. Watsons, $5% n

Der. A. Wings, $1 n, Lane Crawfords, a Mackintoshs, $21 n... Sinceres, $10,n Wm, Powells, 70 cts. n. Wing On (HK) $110 n,

Miscellaneous,

HK. Amusements, $3.8. Entertainments, 373% n. 8,0. Enterprises, $1ënimi Macao "Greyhounds,” $2:12. Constructions (old); $1.80, n." Constructions (new) 75 cts, begi Vibro Piling 36,60, n.

- Ch. Govt. 5% 1925 GSBḍs.——87%

H.K. Govt. 4% Loan 82%.

H.K. Govt. 34% Loan 25% prem.

-Wallses Harpare,

Cum, s.

Business done: 1,130,000

(Continued on Page 7)

Latest Quotations

Hong Kong, 9th November, 1934..

LATEST QUOTATIONS

The following quotations have The following quotations have- been received through Messrs. S. Ebeen received by Messrs. S. E. Levy, Levy and Company and the Ameri and Co., and the A.0.F.C.

can Oriental Finance Corpora tion:

N.Y./London

Gross-Rate

Nov. 12. Nov. 13.

New York Cotton: Closing Closing

New York, Yesterday. December Last To-day's Close Close January

March

N.Y. Cotton-Dec. N.Y, Rubber-Dec. Chic Wheat-Dec. Chic Corn-Dec. Montreal Silver-Dec. 53.00) Silver Official

53% (Dow Jones Avr.)

To-day's 4.

30 Industrials 20 Rails

20. Utilities 40 Bonds.... 11 Coomodity In-

dex

Nov. 10 Close Change March

Amer Con Amer Smelt & Ref Amer Tel & Tel Auburn 11

J. I. Case

Du Pont

99.22 99.19 .03 off May.

.36.85 36.09.26 of

$8

.111

12.35 12.34 12:40:12.40 12:46 12.45

4.99

5.00 May

12.47 12.45

12.95 12.34 13.40

July

12.45 12.42

13.24

3974 100.

October (1936).

12.16

12.13

70% 81%

Spot

12.60

12.00

55.10

New York Rubber:

55

December

18:40

13.24

January

13.43

18.36

18.75

13.68-

13.93

13.78

.19.70 18.94 .76 of July

14,16

18.99

.93.68 03.62 .08 of September

14.83

14.20

Chicago Wheat:

.58.86.59.15.29 off December

1997

"100"

17 Leading Stockos

May

Close

99% 99%

104 July

94.

Chicago Corn

December

79%

81%

25% May

811/2

833

97% July

812

94 Winnipeg Wheat:

304 December

77%

44

9% May

824

28 July

**83%

89%

28 New York - Sugari”

-21% December

1.82

1.83

15 March

1.70

1.78

1082

84%

May

1:73

1.76

33 July

1.78

1.80

New York Silk:

December:

1.22

1,23

March

1.23/2

1.25

May

1.25

1,25/2

Montreal Silver:

December

55.80 55:10

Elec Bond & Share

General Motors

Int Tel & Tel

McIntyre

Montgomery Ward Nat Distillers N. Y. Cantrale.

SINGAPORE RUBBER Socony-Vacuum

SHARES

Latest Quotations

Messrs. Carroll Bros. have re- ceived the following quotations of Singapore Rubber Shares dated November 7 (prices in Straits Cur- |rency:

Ayer Panas $1.80 b., $1.85 8. Brogas 872 cts. b., 922 cts. b. Glenealys $2.07%1⁄2 b. $2.171⁄2 8. Indragiris $1.17% b., $1.25. a. Kempas $2.75 C.D. b. Lunas $2.20

Montakaba 39 cts, b Malaka Findas $1.60 5., $1.65.3. New Scudais $1.80 b. $1.85 9. Pajams $2.10 b., $2.15 a, Telok Ansons $1.82% b. Tapah $2.10 b. 82.168. Un. Malaccas. 31.76 b., $1.85 s.. Ulu Benuts 50 cts, 6., 51 1⁄2 8.

NY. CENTRAL RAILROAD SUFFERS BIG LOSS

New York, To-day, The New York Central Railroad Company reports, a' September not loss of U. |9, $992,761, against a profit of U.

5. $689154 last September-Unit- ed Preas, per S. E. Levy and Com- pany.

Is It Insured? ?

LOWEST RATES American Asiatic, Un

Fed. Ing. "USA

General Aperta

Union Pacific:

U. S. Steel Woat E & M

51

Business done: 1,130,000 shares.

BRITISH MARKET

ACTIVITY

Government Stocks Continue Upward

London, To-day. The upward movement of Bri tish Government stocks continued yesterday morning, and War: Loan rose to a new high record quota- tion of 107, while Consola 21⁄2 per cent. were quoted at 9p, the high- est for 28 years.

March May

July

bbid.

56.75

56.20b

57.10 56.80

57.70 57.40m

n-nominal,

BELGIAN LIBERALS SUPPORT GOLD STANDARD

New York, to-day. It is reported Lafer in the day there was from Brussels that at a meeting reaction on selling, orders, and at of the Senate Chamber the Liberal the close War Loan was quoted at Party voted for the maintenance of 100% and Console, at 88% Bri- the gold standard, --United. Press tish Wireless Service.

per. 8. E. Levy and Company.

S. E. Levy & Co.

UNDERWRITERS AND DISTRIBUTORE

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 YORK

7 ICE HOUSE STREET HONG HONG

Tel, 30101 and 80108.