1934-11-17 — Page 6

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION.

Bashorised. Capitat

150,000,000 Sweed and Fully Paid-up 30,000,000 Baserra Funds -

Ber

Site

2 8,000,000 $300,000

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

Incorporated by Royal Charter, 1968.)

HEAD OFFICE: LONDON

Halphaca

Shangha

THE CHINA MAIL, SATURDAY, NOVEMBER 17, 1934

Commerce and Finance

LATEST QUOTATIONS

LOCAL SHARES.

́TO-DAY'S QUOTATIONS.

SHARE MARKET.

Weekly Report..

Hong Kong, November, 17.. Mr. G. A, Harriman's weekly|

STEADY MARKET

บ

ADVANCE SEEN

*Continued from Page 9).

share report and market review] "Congoleum Nairn has declared a Issued at noon states:—

dividend of 40 cts, plus 40 cts. ex- Although the market was quiet stra. Texas Gulf Sulphur has at the opening, some activity declared a dividend of 5.cts. a share was shown during the latter payable on December 15 as on part of the week with trading Stocks 益 December 1.

Com

Electrics

Market Factors

£3,000,000) .£3,000,000 The following quotations have been received by Messrs. S. E. Lavy) .£3,000,000

and Co., and the A.0.F.C.

The following is the list of local on a more congenial scale, Intest-mencing from November 19, Straits Nov. 15. Nov. 16. Įshare quotations issued to-day: ment counters were generally Tin will be listed on the Commodity

Banks,

Contracts will consist casler. Hong Kong Trams and Exchange: H.K. Bank $1630 n.

Hong Kong

again of 5 long tons and fluctuations will H.K. Bank (London), £18411⁄2 n. touched new low levels, business be confined to $2.80 per contract.”—-~- Chartered Bank £16 a

{having been done in the former at Reuter. Mercantile Bank, A. &-B. £82.n. Mercantile Bank C; 8181⁄2 p.) Bank of East Asia, $98 n. Am: O. Finance Corp., Sh. #20 m. China 0. Fin. Ord. Sh. $4 m... / China O. Fin. Prof. Sh. $5`n..

Insurances. Canton Ins., $285.n.. Union Ins., $522 n.

Serve Liability of Propriators 30,000,000

HEAD OFFICE: HONGKONG.

B0480 OF DIRECT008.

Hon. Mr. 0, 0, 8. "Makia Chairman,

Hon Mr. X, H. Dadwall. Deputy Chairman,

Wif. Hail Kg. A. Campion, Bay,

J. Lewich, Eaq.. 10. Katzki, Ze.

AMOI BANUKUZ BATAVIA MONDAY CALCUTTA

CANTON CHEPUU COLOMBU DAIREN TOOCHOW

VEHOS HANDUW) JANKOW HARBIN HUNGKEW

KOILU

POB

KOWLOON

1. Miskin, Bag,

K. 5. Morina, Raq

V. E. Panzon, Eng.

. . draybara, kaş

Chlef Maager.

UMANCHES

JANDIN

LYONE

Malacca

MANILA

ALUAR Tchoeni

MUNDEN

NEW YORK

PEIPIRA PENANG BANGHON MAILON

NAN FRANCISCO

TIENT IN

THINOTAU

YOKUNAMA

Current Accounts opened in Laxa! Curacy

and Fixed Dupontia received for one je de doctor periode in Local Company and Sterling

forma which will be quoted so application Hong Kong, ach April, 1994.

11ong Kong

Vorige Exchangs and Denari Decking bos Curreal Accounts opened and Fixed Deparis |2osired for, one your "be, abortar parlada as "'rasa

which will be quoted on application.

W. H. E. THOMAS,

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

THE BANK OF CANTON, LTD. December

ТОНОВЕ

KOBK

KUALA LUMPUR

SHANDWAL

SINGAPORE

MATAYA

SUNDEI PATANI

TOKYO

HONG KONG SAVINGS BANK.

China Underwriter, $1.15 n. China Fire Ina.. $610 n. H.K. Fire Ins., $237% n: International Assce. Shï $6 n.

Shipping:

Douglases, $41 n.

Paid-up Capital

Reserve Fund

Reserve Liability of Pro

prietors

Agencies and

Alor Se

Ilaila.

・Amritap

Ipak

Bangkok

Karach

Blant

Branches: Bangoos Halgun

APARE Barenhed.

New York Cotton: Closing Closing

Bombay

Kohe

December

Caloutta

Buds

fis repor

January

Cexion

Lumpur.

High

Owpor

Kuobing

Bureby

March

Debu

Makram

Taipion

Colorate

Manila

TY

May

12,31 12.28 12.38 ·12,35- 12.39 12.42 12.38*

12.41

Deiki

Medar

Toogka

Kom Fork

(Bbükme)

July

Hamburg

Fripleg

Tu orto

October (1935)*

12.06

Usphor

(Poking)

Yuko

Harbis

Zamboang

Spot

12.65

12.34 12.87 12.09 12,55

New York Rubber:

December

January March

May

July September Chicago Wheat:

May

Established 1912.

July

18.05 12.92 13.16 13.01 13.39 18.10 13.55 13.37 13.77 13.57 13.98

13,78

101

100% 100% 99% 954 94%

Head Office:-Hong Kong.

Chicago Corn:

Authorland Capital

$11,000,000 December

82%

84

Paid-up Capital

Total ResCES

3,855,000 May 32,170,492 Jul

84

84%

834

83%

79

7835

83

82%

Balatocs, 397 it..

84%

89%

Baguio Gold, 46 cta. n.

1.85

'1.97

1,74

1.78

1.77

1.80

Big Wedge, 10 cts. n.

1.80

1.85

New York Silk:

December

1.21%

1.20

Ipo Mining $21⁄2 n.

March

1.28

1.22

May

1.24

1.222

Montreal Silver:

December

54.75

54.46

March

May

July

55.90 55.60n 56:40n 56.30 56.85n 56.95m

n-nominal.

Branches: Canton, Tolahan, Shanghat, Winnipeg Wheat: Hanków, Bangkok & San Francisco. London Bankers: Lloyds Bank, Ltd.,

December

Foreign Exchange and Banking May

The Business of the above Bank conduits of every, discription trans July

ad by the HONG KONG AND SHANGHAL

BANKING CORPORATION. Hules may b

shicine on application.

acted.

ona

New New Sugar:... Current Accounts opened and Fixed December FOR THE HONG KONG AND SEASOdat Deposits received for

year. or ¡March shorter periods at rates which will be; BANKING CORPORATION

quated on application.

May Safe Deposit Boxes (various sizes) July for hire.

V. N. GRAYBURN,

Chial Manager.

Hong Kong, ch February, 1934.

THE BANK OF EAST ASIA, LTD;

Markholved Capital, malaboutm

aldrup Capila! Jag be Losers and Undivided Pruže

LO,600,800,00 60,508,00

............................... 92,454,000,00

HEAD OFFICE:-HONG KONG

11. Das Vaux Bond Chauni.

BOARD OF DIRECTORS :—7---

B Shou sau. Chow, Chalsmunu,

14 Koon Chun, Eng., P. R. Ewok, 294, Woor

Loa Trợn. Em. Cap Ching Shal, Ela. Là l Bang, Leg., Wong' Chu Son, Exq, sad Kun Tiog

Kao Tong Pt. Eaq.. Giral Mgangar,

Ts Fong. Hag.. Manejo.

DRANCHES AND AGENCIES:-

Manila 149|besity

Bemareng Bhanghai

Gourabaya

T

Settle

Batavia

Bomber

Negaki

Calmrits

Sa York

Balen

Dale

Balkong

Paris

Hantos

Paiping

Honolul

Renst

Brstow bydony Talboku

Rangoo

Tilais

Belzon

Takso

San Frantisos

Jobe Xawloon

VedoTE Yokohama

Every desertption of Banking and · Zeshanga Winterland. Loant greated 'an, 'Spproved]

securities.

Current Acute opsied in Loud Queress

Fixed Deposito 'repaired for må jose... – de shorter perioda. in Lonal and Forsliga. Oumber un kärms, which will be quoted on · application.

Bale Deposit Jozas To La

KAN TONG PO,

T

Hoog Song, let March, 1984,

THE BANK OF TAIWAN, LTD.

Head Office:--Taihoku, Formosa, Incorporated in' Jilpan "by -Speciál, Imperial Charter, 1899. Central Bank of Formoba, Notas

issued Average amount Y.45,000,000|

Branches and Agencies.

LOGI POONG SHAN,

Chist Manage.

SAFETY FIRST!

To Safeguard Your Valuables and Jewelleries.

Deposit them in a Vaule

that is really:

FIRE-PROOF

BURGLAR PROOF

DAMP PROOF!

OUR SAFE DEPOSIT VAULT

located on the Mozzanine Floor of Our New building in. Specially Con-

structed to provide all of these Im H.K. SHAREBROKERS'

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.

Japan:-Kobe, Osaka, Tokyo, Yoko kama, Keelung, Makong, Nanto, Shok, Shinchiku, Taichu, Tainan, Talte, Takao, Tamsui, Toen; Karenko, Kagi, Heito, Giran. China:-Amoy, Canton, Foochow, Han:

kow, Shanghal, Swatow. Others: Bombay, Hong Kong, London, New York, Singapore, Batävin, Samarang, Seerabaya, Dairen, m On and after April 20th, 1984, the rate of Interest on Special Current Deposit will be at 1% pa. on daily balance and the rate for balance over $10,000 will be quoted on spplleation| (Maximum' rató...11⁄44).

Y. OHNO,

Hong Kong Branch

Inspection CorSially Invited. THE NATIONAL COMMERCIAL & SAVINGS BANK, LTD. "Corner of Lod Hönid ̈Street kül Des Voeux Road, Central

THB

AMERICAN EXPRESS-COMPANY.

INC.

Head Office:-65, Broadway. New York

Capital

Surplus Reserves

.U.8.88,000,000.00 2,087,112,89

ASSOCIATION -

Stock Report

The following report ' was issued by the Hong Kong Sharebrokers Association yesterday "afternoon. *

Underwriters $1.10 b. Benguet Explorations 191⁄4 cts. b. Gold Rivers 20 cts., b. Salacots 15% cts., s. Raubs $11.92. Hotels $4.80 b Providenta Old $11⁄2 b. Providents New 25 cts., b. Trams $19.10 b.. Lights Old 38.85 b. Peak Trams $131⁄2 3. Lights New $3.65 ir.

1,995,528:31

Electrics 3661⁄2 0.

Telephones Old $23

(s.

BRANCHES:-

Canton Ices, $2.90 XD .. Ropes $2.80 b.

Achterdam Abt

Creade

Milaa

· Athena ··

Nice' Hap

Annua

Bentse

Berlia

Bombay

Br

Всеміз

Calce

Hariza Hamburg Восто Hadalberg Interiskno Jacum London--

Pirmia

- [Avarpocă

Calcula Casut Colombo

Copenhagen

Deblik Edinburgh

Света

Flowe

Marullion Monte Carl Manila ** Munich

Montreus

Parts

Extremo Retardan Bolds Aileengha Sol

Bingapor

Tishka Termo

Vonica Takohama Zarlch

Branches of American Express Com- Manager.pany in Principal cities – of Unitad

States of America and Canada.

8. Des Voeux Road, Central

All classes of Commercial Banking Branunctions undertaken.

THE YOKOHAMA SPECIE BANK POR 1 lávestment accounti

LIMITED

Established 1880

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

Yull 200.000

· Head Omits:—YOKOHAMA

Branches and Agencies: ati

Alexandria

Batavia

Berlin

Bombay

Nagasaki Nagpys

"New York

Qanka

Parle Pelplag

Rangoon

Calcutta Canton Dairen (Dalny) Fengtion (Hukden) Rio de Janeiro Hamburg

San Francisco Hankow

Seattle M Semarang Shanghai Singapore

Harbin

Hoar Long Honolulu

Heinking

Kerschi

Köbe

London

Sócrabaya

Los Angeles

Manila

Sydney Tokyo

Yingkow

Moff

Intarset allowed on Oxrent

Deposita, ročelvad

rates-tő be obtaine

handled.

Constructions Old $1.65 b. Constructions New 75 cts., b. Nanyangs $4:00 b

Gold Bonds 85% b. S. C. Enterprise $1.25 b..

THE MERCANTILE BANK OF INDIA, LTD.

HEAD OFFICE,

· 15. Omoschurch Brest, London, E.CA

Authorised Capital

Subscribed Capital

Paid-up Capital

£8,000,000 1,800,000 1,060,000

Reserve Fund & Rest.. 1,247,482

BAXTRNG:

The Beak of England - Midland Bank, Ltd.

Bischok

Bombay Calcutta Colombes

Dethi

The Company offers to intending | Hoor Kong Travellers the use of its “"Traveler Cheques" and Letters of Credit and; MARGIN In addition, the world-wide services

fits thoroughly equipped Traval Do") partment.

·BRANCHER!

ipoh Randy

Karachi

Kota Bharu

Kimia Lipia

New York Hoan

Port Louis

(Mauritius) Bango Kanis Laimpor Яводник Kuantan (Fabang) Finla

Beypore

"

Madina

KCSO KONO BRANCHTM Bracy description at Banking and Kuchings bail- akas testsscled.

"Trendan Chagos saved.

Trustee and Executorships under (taken

·· INTEREST allowed on Current Accounds and Land Deposits Below Phat may, be meertained

C. H. HENSON,

General Manager). Appisention.

THE WING ON BANK LTD. HÙNG TÙNG

Authorised Capital: $10,000,000:

Foreign Exchange and Banking Business of every description transact-

Current Accounts opened and Fixed; Deposita received for one year or khor- ter period at rates which will be qust- ed on application.

Safe Deposit Boxes (various aires) for hire song

PHILIP GOCKCHIN SM Chief Manager. GOCKOHIN SANS

Afsistant Manager

s

ATLI SHU FONG

Queen's Road Central“ Hong Kong. 1th J 1934

THE SHANGHAI COM F&SAVINGS BAN

Lacorporated Capital pai

H.K. Steamboats, $74. Indo-Chinas (Prof.), $30.n. Indo-Chinas (Def.), $38 m. Shell (Bearer) 343/12 n. Union Waterboats; - $18

Mining,

Antamoks, 60 cts...

Benguet Consolidated $18% Benguet Exploration 19 cts: n.

Benguet Goldfield, 20 cts. n.

Gold Creek, $2 n.

Gold Rivera, 21 etą. n.

Itogans $6.30 n.

Salacota 16 cts. n. Kailan, 10/4% n. Langkats (Single) Sh. $171⁄2 n.. S'hai Exploration. Sh. $5% .. S'hai Loans, Sh.361⁄2 u Raube, $11. Veriz: Goldfield, $5. n.

Docks, etc.

H.K. Wharves 8109 n.. H.K. Docke, $12% n. Providents (old) $1.65 b. Providents (now), $50 cts. n. Hongkews, Sh.8815 n. New Engineerings, Sh. $6. S'hai Docks, Sh. $12§'a.

Colton Mills.

Ewo Cottons $10.15 p. S'hai Cottons (bid), Sh. $77% n. S'hai Cottons (new), Sh. 248 n. Zoong Sings, Sh. $9.40 n Wing On, Textiles. Sh. $55 ■.. Lands. Hotels, etc.

H.K. and S. Hotels, $4.85b,

$4.00/5 sa.

-HK. Land, $81 b.

H.K. Lands 4 Debentures 14%

Prem. n.

Shanghai Lands, Sh. $29 n. Metropolitan Lands. Sh. $14 . Humphrey. $94) n

H.K. Realties, $41.

Asia Realties “A”, Sh. $140. z. Asia Realties "B" Sh. 20 n. Chinese Estates, $90 n.. China Realtles, Sh. $15% n. China Debentures Sh. 3187 n.

Public Utilities. -H.K. Tramways, $19.10 b.. Peak Trams (old), $14 n. Peak Trama (new), $7 n. Star Ferries, 1974/4 n. Yaumati Ferries $22 n. C. Light (old), 88.65 b. C. Light (new), $8,70 b. HK. Electrics $67. n. Macao Electrica, $25 a. Sandakan Light, #8 #. Telephone (old), $23.20 sà. Telephone (new), $9.85 n... China Buses, Sh. $18.20 m. Singapore Tractions 4/8 b. Singapore Pref. 317/9 b.

Industrials, Malabon Sugars, $8,70 n. Cald: Macg. (Ord), Sh. 821. Cald: Macg. (Pref.), Sh. $20. n. Canton Ices, $2,85 b. Cements, 32 b H.K. Ropes, $84 De

Stores, etc. Dairy Farms, $25. Watsons, 15 n Der. A. Wing..ŝi n. Lane, Crawfords, 36-n. Mackintoshs, $81^z. Sincères, $10 n Wm. Powells, 10 ets. n. Wing On (HK), $110 n.

Miscellaneous.

HK Amusements, $24 Entertainmenta: #7? S.C. Enterrike Mac

Govt 84

$19.15 and in the latter at $66. |

Star Ferrien were on offer at $96 The following telegrams were, ré-] without attracting buyers.. Tele-ceived by Messrs. S. E. Levy and phones (old) were dealt in at Co. from Reiter:- $23.20/45 closing with sellers at Favourable factor prior to the $25,Hong Kong Lands remain opening of the market: ed In demand at $51 and Dairy 1. Expansion in the volume of Farm's had sellers at $22.75. The trading on rallies is construed as an minor issues attracted n fair encouragement and, in view of the amount of attention with Hotels in growing' hopes for further Im-

NEW ADVERTISEMENTS

HONG KONG PHILHARMONIC

SOCIETY,

MERRIE ENGLAND

(Concert Version) China Fleet Club Theatre

FIRST PERFORMANCE

TO-NIGHT

at 9.30 p.m.'sharp

SATURDAY,

24th November Booking at Anderson's ' Admission $3, $2 & $1 plus tax. Servicemen in uniform Half

Price to $1 sènts,

ST. ANDREW'S BALL.

HE FIRST PRACTICE DANCE will be held in the Peninsula

popular demand, Large parcels provement in general business, the TH of shares having changed hands at belief prevails that the major trend Hotel on TUESDAY, 20th Instant,

$4.70/90 for cash and correspond is upward.

5.30 p.m. to 7 p.m.

Teas will be served in the Roof Garden from 5 [p.m. Members who have not yet returned their subscription lists are

sible.

ing rates for forward deliveries, Unfavourable factor:- closing in demand at $5.00 Ján 1. Cautious profit-taking con- uery. China Lights improved tiques to retard advances. slightly with enquiries at $8.90 Heavy melting Scrap at. Young-requested to do so se con as pos for old and $8.70 for new. Ce-town has advanced by 50 cta, a ton. diants were slightly armer with The American Railway Association sales effected at $2.05. Providents reports carloadings, at 595,000, an (old) had enquiries at $1.55, increase of 12,000 over last year. Sterling issues showed very little Wall Street Was moderately change, Hong Kong Banks were active and irregular with-fractional [done at $1630, and Unions at movements about evenly divided, $520/22%. The market closes with Traders were cautious, and not dis- posed to follow up advances very a slightly, easier tendency.

Business during the week has aggressively, while at the game been done at the following prices: time extension of the recent ad-

Hong Kong Banks $1,630. vance seems indicated. Unions $520/5222. Underwriters $1.15. Douglases $40.50.

Humphreys $9.10.

Hong Kong Trams $19.15/19.20. Chinn Lights (old) $8.95/9.00. China Lights (new) $8.75) Telephones (old) $23.20/23.45. Telephones (new) $9,80. Hotels. $4.70/4.85.

Cements $2.05...

Bankers' Acceptances were out- standing on October 81st and

NEW YORK STOCK EXCHANGE

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

The following quotations from New

totalled $661.602,000 and increase Tork have been received by Measra

of $22,181,000 from last month.|8. E. Levy' and the American OrientalTM World Stocks of Refined Copper for Finance Corporation. |October ́decreased 18,500,000 lbs.] ·

and American Stocks decreased by

23,000,000 lbs; while Foreign N.Y./London Stocks Increased by 9,500,000 lbs. N.Y. Cotton

The W. Dodge Corpn. reports |that construction contracts in 37 Маг,

Dec.

Last

Close 10,10·1L00

4.99% 4.99% 4.99%

*12.28 12.33 12.31

12.39 12.45 1241

Benguet Explorations 19 cts. Eastern States in October totalled M. Silver Dec. 54.76

19 cts.

$135,525,000 compared with $145,-}|| Mar. ! Salacots 15 cts.

367,000 last year.

N.Y, Silk Dec.

$3,700,000 LOAN FOR

POWER PLANTS

Big Expansion Plan At Nanking

American Oriental Finance Cor

54.356 54.45b

55.90 1.21

6540b 55.455

1,20b.

E. A. Pierce Co.'s Report N.Y. Rubber In their market report, the Dec.

13.05. 12.07

MAT.

13.39

12.03 13.29 18.20:

100% :100

99%%

82%

86%

-25% 25%

poration, correspondent for Mesars. C.. Wheat Dec. 101 £. A. Pierce and Company - New May 100%

York state:

IC. Corn May 82% Stocks: Heavy selling in Ameri-STOCKS

W. Wheat May 79

97

·8%

30% 9%

can Telephone and Telegraph Issues. Amer Smelting 364 on account of the proposed Federal Auburn : 264 According to information from investigation, caused a further weak Con Gas N.Y. 23% 234 22% local banking circles, the National ness in Utilities, but Industrials Elec Be & Share 8 8 Du Pont 97 97 Reconstruction Commission has maintained a firm undertone. Avia- General Motors 304 concluded a loan of $8,700.000 with tion Stocks remained strong, pre-Int Tel & Tel. 0 a syndicate of Chinese banks in sumably owing to the expectation of Loew's Inc 81% 31% 81 Shanghai for the purpose of financ-a large Government Aircraft pro-Nat Distillers 244% 23% 23% Montgomery W. 29% 29% 29% ing the expansion of the power gramme for 1935.

NY. Central plants in Nanking and Shishibyen Wheat: Trade was moderate. Stan Oil NJ.

21%21% 21% 42% 49 in Changchow, and completion of Selling pressure during most of the US. Steel

42 354 854 .356 the Hual-Nan Railway.

Session, reflected the weakness of The contract of the loan has the Foreign markets and liquidation. The following quotations from Lon-

London Prices been signed in Shanghaf by repre- abroad: but ignored the strength of don were received last night between sentatives of both parties. The Cora. Foreign crop reports were 5.30 p.m. and 10.30 p.m. loan will be paid over in install-favourable.

Silver: Spot 24-3/4 (last close), ments. The first installment

24-5/8 (last reed), 1/8 down (change); "Cotton: A moderate but constant Sifver Forward 24-/78 last close); amounting to $740,000 is expected demand from Trade sources offset 24-3/4" (last recd), 1/8 down-(change). to be made immediately. Further the December-liquidation. There Silver Report China: was a small Installments will be made after a was small hedge selling. The dead-seller: Market dull.. period of every three months-Jock la the "spot" situation has no (last reed), 1-1/2d down (change),

Gold 139/4-1/2 (last close), -139/3: (Chekiai Agency).

CHURCHESM

FIRET CHURCH OF CHRIST, SCIENTIST

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

Macdonnell Road, Below Bowen Road Tram Station Sunday Service 11:15 am. Subject: MORTALS AND IM MORTALS._______

The Sunday school is held on Sunday Morning at 10 o'clock ↑ Wednesday Evening Meeting at 6 p.m. Reading Room at above ad- dress open Tuesday and Friday, 10| am to 12 noon, Monday and Thursday, 5.30 to 7 pm. The Public is cordially invited to attend the service and visit the Reading Boom

Is It Insured?

LOWEST

broken. Liverpool bought on dif London/N.Y. Selling Rate 4.99-3/8 ferences. The tone was very steady. (last close), 4.99-8/4 (last roed); 3/8" Mvh up (change). "Rubber: With the trade and.

London/Paris Selling Rate 75,78 traders feeling that there was (last close), 75.90 (last read), 12 y nothing to warrant higher prices, (change), the market eased off on moderate

Liverpool Cotton-Mar. 6.65 (last selling by dealers. The London (change).

cinae) 6.01 (last recd); 06 up market was steady but dull,

Liverpool Wheat-Dec. 4/9-7/8 (last "Flashes: Analyst Index of Busi-close), 4/9-7/8 (last reed), unchanged ness Activity ---76.3 agžinst 75.2% (change). last week. The Automobile output 6-7/16 (last close), 6-8/8 (last read), London Rubber-Jan-Mar. (buyers). in the United States during the 1/16 down (change). week amounted to 15,920 unita, com- London Rubber-Jan-Mar. (sellers). pared with 17,116 units the pre- 6-1/2 (last close), 6-1/4 (last recd), vious week. Money in circulationLondon Rubber at noon (buyers)

unchanged (change) decreased by $23,000,000.

8-3/8 (last recd).'"

S. E. Levy & Co.

UNDERWRITERS AND DISTRIBUTORS

SECURITIES AND COMMODITIES. BOUGHT AND SOLD ON COMMISSION

DAILY NEW YORK STOCK AND COMMODITY SERVICE

Membera

NEW YORK COTTON EXCHANGE. COMMODITY EXCHANGE INC. CHICAGO BOARD OF TRADE

CORRESPONDENTS FOR WHITE, WELD & CO. NEW YORK

ICE HOUSE STREET, HONG KONG

and

Tel Address

Hong Kong, 11th