1934-11-29 — Page 6

BANKS

HONG KONG AND SHANGHAI

BANKING CORPORATION.

dashorland Capital

$83,000,000-

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

Soveed and Puls Peld-up maa 30,000,000 Incorporated by Royal Charter, 1853.

Baser Funds 1—

Baseling kekarten

€ 6,000,000 $10,000.000

Moorva Linbility of Proprietors...$30,000,000

HEAD OFFICE, HUNGRON

BOARD OF DIRECTORS.

ilou. Mr. O, G. B. Hackin

Chairman

Hon Mr. 8, 10, 12. Deputy Chairman.

W. . Hell, R»q,

ss El. Coorpión, kegi

B. J. Karwick, Eng. 10. Kaight, Zaq.

AMOY

MANGKUK KATAVIA BOMBAY DALCUTTA

CANTUN CHEFOO COLOMBO DALBEN POOCHOW HAIPHONG HAMBUNG

AMKOW

. Miskin, Eng.

T. E. Faron, Log.

V.. Uraybura, kog.

Casal Hanngue.

HRANURES

LUNDON

LYONN MALACCA MANILA

HUAR (Jose)

MUKDEN

PEIFING

PENAKO

BANGGUN

BAN FRANCISCO

NEW YORK

Haiphong Hambarg

عااديه .

Balgon

Houwan

Fowlyn "Exchange and Duneral Decking bass

THE CHINA MAIL, THURSDAY, NOVEMBER 29, 1934

PROFIT-TAKING ON WALL STREET

Commerce and

Finance. Further Movement

Joannicall NEW YORK STOCK

EXCHANGE

The following quotations from New York have been received by Messrs 9. B. Levy and the American Oriental Finance Corporation.

Last

N. 'Y./Lon-

don

July.....12.02

LOCAL SHARES.

TO-DAY'S QUOTATIONS,

The following is the list of local share quotations issued to-day:

Banks.

H.K. Bank $1600 b.

H.K: Bank (London), £1851⁄2 Chartered Bank $18 n.

Predicted

WHOLESALE SALES UP

New York, To-day. Brokers expect further profit- įtaking, and many are predicting,

corrective reaction.

Favourable factors yesterday n.were that the Federal Reserve

Board has reported that the, whole

LOCAL DOLLAR STEADY

Silver Prices Unchanged

The local dollar remains steady, opening on demand this morning at 1/7/8

Spot and forward silver prices! are also steady, closing yesterday jat 24% and 24%, respectively.

The London on New York and

COTTON PLANTING SCHEME

|6,000,000 Acreage Raise

Next Year

NEW U.S. PROGRAMME

SPECIAL TO CHINA MAIL. (By- Telegraph, Copyright, Telegra-

ceived November 29, 845 am:).

the New York on London cross-phic Messages Ordinance 1884. Re-

rates closed at X-U.S.$4.982, as compared with £-U,S.44.98% Tuesday..

01

Mercantile Bank, A. & B. 82 n. ale sales in New York for October RAW RUBBER PRICES

Washington, To-day.

The United States Secretary of Agriculture, Mr. Henry Wal-

lace, has proclaimed that the 1935,

programme.will Umit cotton plant-

Am: O: Finance Corp., 8h. $20 stores increased sales by 8 per cent. Latest Quotations From ing to 75 per cent. of the 1928-1992

China O. Fin. Ord., Sh. $4 n. China O. Fin Prof. Sh. $5 m.

Insurances.

Canton Ing., $260 8.

Singapore

average, thereby, giving the Agtl« and Department stores sales by 3

culture Adjustment Administra- per cent,, and that Pittsburgh steel.

tion a voluntary control plan for scrap has advanced by 50 cents a

Messrs. H. B. Joseph & Co. have at least another year. The new iton.

following Straits programme, goal is 31,000,000 An unfavourable factor was that Currency quotations (Buyers) from acres. the New York City 2 per cent. sales Singapore for Raw Rubber.

tax and 3 per cent tax on utilities

are virtually certain of enactment.

HEAD OFFICE: LONDON

Paid-up Capital

Reserve Fund

$3,000,000 $3,000,000

Reserve Liability of Pro-

prietors

.£8,000,000

Agencies and Branchen:

Alor Blar

Tila

I

Amriter

Ipak

Bangkok

Karacal

Halaria.

Klaus

Kb. Morrison, Keg

Bombay Calvatia

Kabe

bersaban Bhanghel

Koala

Nên s

Caniow Cawnpore

Lumpur

HifiSwan

***.. 4.99

4.096 4.089%

Kuching

Hajrsbaya

+

N. Y. Cotton→→→→

Talpina

Dec.

.12.52

12.30. 12,55

Colete.

Testal

Ifadan

Toogka

Mar:

.12.05.

12.70

12.72

Raw York

Priping

Iningto

Hankow

Yokohama

M. Silver-

Harbo

Zamboang

Dee.

Hong Loo

Mar.

kransected.

May

.12.70

54.306 54.20 b .54.41

56.40 b 65.305 55.30 b 55.85 b GG.00.

Mercantile Bank C. 18 n. Bank of East Asia, $98.

2

were 16 per cent. above last year

the best gain since May, that chain

W. H. É. THOMAS,

Gumeni Accounts opened sud Plied Deposita N. Y. Silk- resstved for 500 paar or aborier perioda si cater which will be quoted on application.

Dec.

May

...... 1.25

1.28%

1.2446 1.28

Union Ins., $517% 8.

BAIGON

KUALA LUMPUR

Acting Manager. N. Y. Rubber-

Dec. Hong Kong, 20th February, 1983,

China Underwriter, $1.15 ..

13.00

13.07. 13.06

China. Fire Ins., $510 n.

HARBIN

BELASONAL

Mar.

13.40

13.44

13.39

MONGREW

SINGAPORE

July

13.83

13,80

H.K: Fire Ins., $2373⁄41⁄2_n.

ILOILO

20

BUNGE PATAMI,

JOHORE

TIENT IN

Dec.

.99

1.00

FOBE

TUATU

OWLOUN

THINGTAO

Established 1912.

May

98%

90%2

Read Offices-Hong Kong.

C. Corn-

May...

.87

87%

Paid-up Capital

Authorised Capital ...........

$11,000,000 W. Wheat-

8,655,000 May

82

831%

86%

96%

25% 23%

25%

23

Autamoks, 75 cta. n.

99% xd →→→

8

9814

Balatocs, $37 n.

Baguio Gold, 46 eta, n.

8-%

32

32%

9%

9

9%

quoted on application.

Chisi Msangit.

Hong Kong, 20th February, 1984.

Safe Deposit Boxes (various sizes) for hire.

Loew's Int Montgomery

Ward

34%

36

29

29%%

¡Nat Distillers

26%

20

N.Y. Central

22 M

291

Gold Rivers, 21 cts. b..

Stan Oil N.J.

U.S. Steel..

49 38%

42%

Ipo Mining $21⁄2 .

38%

Itogans $680 n.

HOURABAYA

YOKOHAMA

Oursal Accouple spaced iz Local Currency

and Fixed Depoate repaired to ane jesĽ, De mrter periods, la Local Coumpang dan

us leema which will be quoted on application. Mong Kong, 18th April, 1964.

HONG KONG SAVINGS BANK.

THE BANK OF CANTON, LTD. G. Wheat

Total Resources ...... 32,170,492 STOCKS Branchest Canton, Toirhan, Shangal, Amer Smelt-

ing |Hánków, Bangkok & San Francisco,

London Bankers: Lloyds Bank, Ltd., Auburn

Foreign Exchange and Banking Con Gas N.Y. business of every discription trans-Du Pont....

Elex Bo & Current Accounts opened and Fixed Share Deposita received for

one year or General Motor

The Business of the above Bank is desacted.

by HONG KONG AND BUANGHAI BANKING CORPORATION.

FUR THE HONG KORU AND SHANGEL shorter periode at rates which will be int Tel & Tel BANKING CORPORATION.

T. M. OBATBUAN,

abieioad.on appllenzion.

Bulan may be

THE BANK OF EAST ASIA, LTD.

Katherined Cupital

.019, 0.50

Borders and Undivided Profits..............-8.3, 4.64,000.20

HEAD OFFICE-HONG KONG

, Des Tour Boad Canist

BOARD OF DIRECTORS:→

Hi Blouson Chow, Chairma

LA Koen Caan, Esq., P. E, Kwak, Kay. Woog Ine Toc. Eng., Chao Ching, Shok, kang ka Tam An Eq. Wong Chu Sea, Regis and Kam Tlog

De B

Mau Tong Fo, Yap. Chis? Mazager."

The Fang. Eaq, Mazagar, BRANCHES AND AGENGLER 1---

Malia

Bestila

Main

Melbourn

Semarang

žľazioni

Shanghai

New York

Singapore

Bydney

مطيري

Packa

Priping

Pog

Labe

Balon

Yoksa

Bras, description of Banking - sad. Ezchangi kakavos traspacted: Los ctuated se- approved

alte. Grant Amoudle opewed in

Loval. Cum - -Fixat Deposita cooled for oce Jou sheriar pieloda in Local and Poesigs Carració

LOOK POONO KHAN.

Chad Manager.

SAFETY FIRST

To Safeguard Your Valuables and Jewelleries.

Deposit them in...a: Varti

that in resity: FIRE-FROOF. BURGLAR PROOF DAMP-PROOFT

OUR SAFE DEPOSIT, VAULT located on the Meisenine Floor of Our New building ts Specially Con- structed to provide all of these · Im. portant Qualities.

}} } }}a} ྂཚོ ཙྪོ

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

London Prices

The following quotations from Lon- don were received last night between 15.30 p.m. and 19.80 p.m. ¡SILVER

Spot: 24-, (Last close); 24-%, (Last reed.); unchanged (Change).

Forward:-24%, Last close); 24. (Last read.); unchanged, (Change). Silver Report:-Indla bought. China shid. Business small.. Market steady.

Gold:-139/4, (Last close); 138/7-32.

You may obtain Safe Deposit Box in this most up-to-date Vault for(Last recd.); 3-d. up (Change). your own use at a very moderate Ren- Ital.

Inspection Cordinity Invited. THE NATIONAL COMMERCIAL

^^& SAVINGS BANK, LTD, Commer, of les House-Street ind ·

Des Voeux Road, Central

THE

ין

London/N. Y. Selling Rate: 4.99, (Last, close); 4.98-9/18, (Last recd.); 7/16, down (Change).

(Last, close): 76.59, (Last recd.), 06, London/Paris Selling Rate:-75.66,

down (Change).

Liverpool. Cotton-Mar.-8.73. (Last) close); 6.78, (Last reed); 06, up (Change).

Liverpool

Wheat Dec.: --- 4/9-3%. (Last close): 4/9-%, (Last recd.); up (Change)..

which will be quoted on appiinadio, AMERICAN EXPRESS. COMPANY, London Rubber-Jan/Mar: (buyers)

At Depot Bosse To Let.

MAN TONG 20,

Chief Manager.

Mone Koog, Tab Karch, 1936.

THE BANK OF TAIWAN, LTD: Head Ofcer Talhoku, Formona, Incorporated in Japan by Special, Imperial Chartes, 1899,

Central Bank of Formoen, Notes

fasued Average amount Y.45,099,000)

Branches and Agencies.

INGR

Head Office: 65, Broadway, New York

6-7/18. (Last, close); 6-7/16, (La recd.) (unchanged).

London Rubber-Jan/Mar.: (sellers) |6-9/18, (Last closet: 6-9/18, (Last reed); unchanged (Change),

London Rubber at noon (buyers)- .U.8.86,000,000.00₫ (Last close); 6-1/2, (Last reod:);? un-|·

2,087 119.68changed (Change).* 1,005,BER.EX...

Hios Hugo Naples

Capital Sprplus. Reserves

BRANCHES:--

Amsterdam kolwerp

Boale Beelin

Glasgo

Extens Harg

Ha

Breas

Erkele Calro Calou! Cate..

Colom Copazhagen Dublla Edinburgh FloresDE Oshers.

Lagano

Maivaller

Manila

Kaltenum

Zurich

Japan:-Kobe, Osaka, Tokyo,, Yoko hama, Keelung, Makong, Nanto, Shoka, Shinchiku, Taichu, Tainan, Taito, Takao, Tamsui, Toen, Karenko Bombay Kagi, Heito, Giran.

China:-Amoy Canten, Foochow, Han-

kow, Shanghai,. Swatow. Others:-Bombay, Hong Kong, London, New York, Singapore, Bataviay Samarang, Seerabaya, Dairen. On and after April 20th, 1934, the rate of Interest on Special Current Deposit will be at 15% pμL on ̋dalij balance and the rate for balance over $10,000 will be quoted on application (Maximum.rata 1%),

Y. OHNO

Hong Kong Branch

Manager.

3, Des Voeux. Road,. Central.

THE YOKOHAMA, SPECIE BANK LIMITED.

Established 1830 ··

Halda Ibarg Istorisken Jackalam London Liverpool

Palpisj Paletoo Hotterdam Be Shangh Bauchampion

Singapons *Tombakay Teori Flowe

Branches of American Express Cóm pany In Priskipul cities, of United States of Amïïficaŭand Olmada:

All classes of Commercial Banking Kransactions undertaken.

handled.

London's Forecast

A forecast from London on the prob able trend of the New York: market,

states:-

In spite of yesterday's profit-taking, the general undertone on Wall Street! is likely to encourage renewed support with a consequent further aprove ment in prices..

Cotton, is exvected to open higher, Rubber will probably be a little better.

Wheat is anticlnated to open strong in sympathy with Liverpool Buenos Aires receipts of United States wheat and corn are very light.

י,

SINGAPORE RUBBER SHARES

Latest Quotations

Messrs. Carroll Bros. have re

Davannail, fivantikant accounts ceived the following quotations of Singapore Rubber Shares dated November 28 (prices in Straitsiz Currency):-

!

The Company offers to intending Travellers the use of its “Travalaca | Cheques” and [Letters-of Credit: and, In addition, the, world-wide services

Capital (fully paid-up) Yen,100,000,000 of its thoroughly equipped "Travel DK Beserve Fund:

C

- Yen.124,250,005|partment. !

Head Office:-YOKOHAMA

Branches and Agmcles at: Alexandria

Nagasaki Nagoya New York

Batavia

Berita

Bombay

Calcutta

Dairen | (Dalny)

Osaka

Peipink

Rangoon

Fengtion (Mukden) Rio de Janeiro

Hamburg

Bankow Hachin

Keo Song.

Honolulu Hainking Karachi... Kobe

Ban Francisco

Seatils.

Semarang Shangha Bingapore

London Los Angeles

Soernbaya Sydney. Tientaln

·Tokyo Tsingtan Yingkow

„Intdrast- allowed on

· Deponita raðalí

G.. H. BENSON,

Genual, Kasage.

THE WING ON BANK, LID: HỒNG CÔNG

Authorized Capital $10,000,000-

8.

Alor Gajah. $1.49. b., -$1.60s. Ayer Panas $1.672 b., $1.75 s.. Ayer Molak $1.00.6, 81.10.8. Bassett 65 cts. b.,",70 cba.'s. Brogas 871⁄2 cts. b., 9211⁄2 cía. s. Glenealys $1.97% b., $202,8, Indragiris $1.10, 5, $1.17 Lunas $1.80 b., $2.025 Melaka Pindas $1.45 b. $1.50`s... New Soudals $1.77b, $1.821⁄2 Pajams $2,00 b., $2.05. 6. Teluk Anson $1.25′ b..$1.80 8. . Tapah $2.00 b., 12.05 8. Uta. Malaces, $1.70 by $1.75 m.

Foreign Exchange and Banking. THE SHANGHAI COMMERCIAL Business of every 'description transact- & SAVINGS BANK LIMITED

jedisi

Current Accounts opened, Special Deposits received at special rates, and Fixed Deposits received for one year

or shorter, period at rates which will be quoted on application

t

(Incorporated In China) Capital pale uptown

------$5,000,000, $7,000,000. Capital Savings Dept.: 1500,000, Reserve Bavings Dept.: $800,000t

Referves

Safe Deposit Boxes: (various sise) Head Office-Ekan be:

{for, hire, Radeva p

"PHILIP. GOOKOHIN

O Chlef Manager a

GOCKCHIN

Assistant Manager Solátha

WALI SHU FONG

Ausletank, Manage

A Bink having as Its mission the

industrial development

Fall the fostering

cial relations thri

International Assce, Sh. $5.60 n. S. E. Lovy And Company's Report

Shipping.

Douglases, $41 m.

H.K. Steamboats, $7% n. Indo-Chinas (Pref.), $80 n. Indo-Chinas (Dof.), $83 'n.

Shells (Bearer) $45 n. Union Waterboats; $13% n.

Mining.

Benguet Consolidated $13% n. Benguet Exploration 20 cts. h. Benguet Goldfield, 20 cts Big Wedge, 10 cts. n.

Gold Creek, 20 cts. b.

Silacots 15 cta, n. Kailan, 19/0 n.

.

Langkats (Single) Sh, $15 n. S'hai Exploration, Sh. $5.10 -n. S'hai Loans, Sh. 86 n. Rauba, $11.8, Venz; Goldfield, $5 n.

Docks, etc.

H.K. Wharves, $107b. H.K. Docks, $12% n. Providents (old) $1.40 b. Providents (new); $50 cts. n, Hongkews, Sh. $310 m.

New Engineerings, 9h. 86% . S'hai Docks, Sh. $122 n.

Colton Mills

Ewo Cottons, 3h. $10.29 n. S'hai Cottons,(old), Ex. div. $75 n. S'hai Cottons (new), Ev. diy, 45

Zoong Sings, Sh. $9.40 m. Wing On Textiles, Sh.: $56 m.

Landa, Hotels: etc. H.K. and SHotels $4.95 b. H.K. Lands $513⁄4 b. H.K. Lands 4%

101%

In their market report, Messes.

S. E. Levy and Company; corres- pondents for Messrs. White. Weld jand Company. New York state: "Stocks:- Disagreement

the received

Jan.-Mar. 22 5/8 Up 3/4. April-June 24 1/8 Up 1/2. Market: Sellers Reserved.

Assuming that non-co-operatora plant 2,000,000 additional acres, it will, mean a total of 23,000,000 jacres, 18 against ́27,000,000 In

· Tîn And Rubber 1934.

The following are quotations from Normal or better growing con- Singapore, dated November 28, onditions will mean a crop of 11, aver Tin and Rubber shares (prices in 200,000 to 11,800,000 bales, which

Mlning

the Government's housing admin-Straits currency): istration has again raised the question ment's

whether, the Govern-. co-operative encourage ment campaign is to continue without interference. Some doubts on this acore. brought profit-taking and irregularity in Industrial is- sues. Lately, however, utility i8- sues have been greatly assisted by the decision of the Federal Court constitutionality questioning, the

of the Tennessee Valley Authori ties programme and a further rise In utilities seems possible and would bolster confidence in the en- tire market. "Bonds:

20-

U. S. Government bonds were easier. High grade and second grade issue were tive in a higher market:

"Grains: The domestic tion is predominantly bullish.

(Continued on Page 7)

LATEST QUOTATIONS

altua-

Hilams 50 cts. Ex Div. b. Kuchais 99 cts. b., $1,02 s. Mambaus 81% ets. b.

Nawng Pets 924 els. b., 35 cts. s. Sungei Luas $1.25 b., $1.29 . Southern Kintan $4.50 b.

1

South. Taiping 39 ctr. b. 41 cts. a. T. Harbours $0.95 Cam Div. b., $7.25

Cum Div. 8.

Ula Klangs $1.12 b. Rubbers

Alor Gajah,$1.48 h. Ayer Panas $1.67% b., $1.75 0. Ayer Moleks $1.00 b.

Bassetts 65 cts. b, 70 eta, a Bukit Katile 62% cis. b., 67% cta. Brogas 87% ets. b., 981⁄2 ets, s. Brunel United $4.00 b., Changkat Serdang $1.00 b. Glenealys $1.97 h., $2.02% Indragiris $1,10 k., $1.17%1⁄2 «, Kempas $2.28 Guni Div. b. Malaka Pindas $1,45 b., $1.50 a. | Mentakabs 99 cts, b., 41 cts, 8.

New Scudals $1.77 b., $1821⁄41⁄2 B Nyalas $1.12% b., $1.17% n. Pajams $2.00 b., $2.0514 x, Punggors 32 cts. b., 40 cts, s. Telok Ansons $1.26 b. Tapaha $2.00 b., $2.05 a. Ulu Pandan $1.35 b.

United Mallaca $1.70 6., 81.75 K. Ulu Bonuts 50 cts.... b., 51 1⁄2 eta, 5.

The following quotations; baye been received by Messrs. 8. E. Leve[Chicago Com;-... and Co. and the ROFCON

New York Cotton:-- December January March May July Debentures October (1985). Spot New York Rubber:- December

Shanghai Lands, Sh. $25 58.. Metropolitan Lands, Sh..$13.n. Humphreys, $9% nă H.K. Realties, 4:60, b.

Asia Realties:"A Sh. $100 n. Asia Realties "B" 8k.$20 u. Chinese Estates, $90 p,- China- Realties, Sh. $121⁄2 n. China Debentures Shii $157 n.

Public Utilities H.K.Tramwaya:3191⁄2 b., $19% Peak, Trama (old), $14 n Peak Trams (new), $7 n. Star Ferries $97«n« Yaumati Ferrien $321⁄4-n. C. Light (old), 19:35:b.

B.

will mean that the world supply of American cotton in the Spring of 1936 will be around 19,000,000 or 20,000,000 bales.

The control must not be confus- ed with the bankhead act, which penalises over-production via taxa- tion instead of rewarding limita- tion with cash bonuses.

Mr. Wallace has placed domestic consumption for the current mar- Įketing year at 5,800,000 bales, and ́ |foreign consumption of American cotton at a maximum of 7,000,000 bales, leaving a carryover August of between 8,000,000 and - 2,000,000 bales, which is more than 50 per cent. above normal.United Press per S. E. Levy and Company.

next

3CE EYEXE > >

V

Everything

gone..BUT YOUR SAVINGS

RENT

FOOD

CLOTHING

December

88%

90,

Nov 27. Nov. 28. May Closing Closing July

Winnipeg, Wheat:-- 12.52 12.60 December 12.59 12.68

May 12.65 12.70

- 873⁄41⁄4·-·

38

84

85

77% 784

82% 884

July

83/2 84.

12.65: 12.75

12:62

12.68€

New York Sugar:---

December

1.78

1.81

HEAT

12.24 12.39 March

1.74

1.76%

12.75 1285 |Mây.

1.78

1.80%

TAXES

July

1.82

1.85

13.06.

13.18 | New York Silk:—

January

18.18

13.80 December:

1.25

1.25

March

13.40

· 1860. Márch“

1.27

1.28%

Máy

13:61

13.71

May

1.28/2

1.28 !

ITS

July

13.98'. 15.91

Montreal Silver:--

September

14.04.

14:12

December ·

54.41、

64.30

Chicago Wheat:---

March

55.406 55.85

December

99%

998

May

5600 56.06

-98%

996

July

58.800

9214 92%..

b-bid.

[May 8. July

C. Light (new), $9.10 b. HK Electrics $68% b, $69_sa. Macao Electrics, $25, n. Sandakan Light, #8 s. Telephone (old), $28-b. $28.35

83.

Telephone (new); $911⁄2 b. China Buses, Sh. $18.20 n. Singapore Tractions 4/8 b. Singapore Prate $17/9; b.

Industrials,

Malabon Sugar;$8.70-mi Cald: Mäeg. (Ord.), Sh. $21 n. Cald: Macg. (Pref:), Sh.-$20 v. Canton Icés $2.85 b.

Cement $2.15.b...$21⁄4 »..

H.K. Ropes, 4*b.

Stores, etc.

56.76n

a nominal,

U.S. Government Expected To Reap Further Big Profits From Silver

SPECIAL TOʻCHINA MAIL... | per cent, metallic reserve is amassed,

Washington; To-day.

thereupon the Government will take Senator Alva B. Adams, Colorado another profit by feaning U.S.42.18] Democrat, yesterday said that the silvery certificates against each Treasury should speed up silver ounce of silver, but purchasca until the world price The Journal states that both gold equals the newly-mined price.

and liver profits will eventually 1 bel converted into money, which may be as far as formal Inflation will ever gp-United Press, per 5. E. Levy and Company.

"I would like to see, parity and then. both prices continue upward he.declared

"Silver advocates believe that an increased price would encourage l ternational commerce. The price increase movement should not await an international conference,

"Wall

The New York" magazino,^. Street", predicts that the Treasury will increase the domestic price of Dairy Farms, $2215 by #2211⁄2 8. allver within three months, and Watsons $5 n.

Der. A Wings, $1 n. Lane, Crawfords, $314 b. Mackintoshs, $21 63 *** Sinceree) $10 num Win. Powells, 70'cts. ni Wing Of3 (HK) 18110 n

Miscellaneous" H.K. Amusemento; 3834; n. Entertainments; $T1⁄2"ni 8.0. Enterprise, $1 mi Macao Greyhounds... 32 n. Constructions Cold); $1.80 m... Constructions (new); 75{ct£^b«^ Vibro Piling $8.60 2.0 #Ch:Kovt5% 1925 G&Bds.-90%

* HK: Gövt, 4% Loan: 74%

Wallace

thereby appease cheap money advo cates, but that it will not be re valued at a 16 to 1 ratio to the new gold dollar Antil the stipulated-25

Is It Insured?

Insurance All Classes

LOWEST RATESŠ-“ American Asiatics Underwriters

General Agent

-HR Offės

SAVINGS

SAVE SOMETHING

START NOW-

UNDERWRITERS

ANOTHIN MIY -

SAVINGS BANK

FOR THE FAR EAST,

ING.

Asia Life Building):

Hon alar

Tel. 30284

S. E. Levy & Co.

UNDERWRITERS AND DISTRIBUTORS

·SECURITIES ( ÄND" COMMODITIES

BOUGHT AND, BOLD-ON COMMISSION

DAILY NEW YORK STOCK AND COMMODITY SERVICE

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NEW YORK COTTON EXCHANGE COMMODITY EXCHANGE, INC.? CHICAGO BOARD OF TRADE CANADIAN COMMODITY EXCHANGE, INC.

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