1934-12-19 — Page 6

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION.

orland Capital

$60,000,000

wet and Fally Pald-up 20,000,000

Banerre Yunda a—*

£ 3.1500,000

$10,000,000

THE CHARTERED. BANK OF INDIA, AUSTRALIĄ & CHINA. Incorporated by Royal Charter, 1858.

A

HEAD OFFICE: LONDON

.£3,000,000 .£3,000,000

Beserve Liability of Proprietor $20,000,000 Faid-up Capitel

HELD OFFICE: HONGKONG.

DOAUD OF DIRECTORS,

Hon. Mr. O, G. 8. Machia

Chairman,

Hon Mr, H. 11. odwi

14. Hell, K.

Deputy ChalmasKAL.

Reserve Fand

Reserve Liability of Pro-

prietors

THE CHINA MAIL, WEDNESDAY, DECEMBER 19, 1934

NEW

Stock Market Dullness ADVERTISEMENTS

Commerce and

Finance.. NEW YORK STOCK

LOCAL DOLLAR STEADY

£3,000,000 Silver Prices Decline

Agencies and Branchen:

Nello

Tpok

Karachi

Rangoon

Saigon

Femarang Beremben.

Hhangha

Singapor

Alor Blar

Amritsar

Bangkok

G. Kil, Esq.

Belavia

Klang

B. Cataples, Esq.

X, B, Morrison, Kaj

Dotabay

Eobe

Wyd. Kawick, Rag

T. E. Fearon, Esq. -

Colourin

. Rusis

Carton

Lamper

1. Knight, aq.

V. M. Graybura, høj, Chief Maunger.

Cawnporn Cebu

A

Eveblog Madra

Colombe

Dalbi

Madan

Tongka

Haiphong

New York

Hamburg

Pulplog

Hankow

(Poking)

Raka

TACK

AMUT

LANGKOK

BATAVIL

BONDAY

DANTON

CERFOO

CALCUTTA

COLOMBO

DAIREN TOOCHOW FAIPHONG HAMBURG

MANEDW

HARDIN

HONOKEW

ILOILO

ТРОН

JOHOR

КОВЕ

KOWLOON

BBANCHEL

LONDON

LIONE MALACOA

HANICA

MUA (Johor)

MURDEN

NEW YORK

PRIPING

РИНАКО

HARGOUN

BALOON

SAN FRANCISCO ́

KUALA LUMPUR

БЦАХОЦАТ

SINGAPORE

SAHURABATA

BUNGE PATANI TIENTUIN

TUKYU

TSINGTAO

YOKOHAMA

Current Accounts opensă in Local Currency Gad Pized Deposits' recared for one yes or shorter periods in Local Company and Sterling

➡ term which will be quoted an application, Kung Hong, 18à âpeti, 1934.

سلامية

Bourabiya Talping Tantala

(Ebular) Tainste

Yokouste

Zamboang

The local dollar is steady, opening on demand this morning at 1/84.

Spot and forward silver prices have declined 5/16, closing yester day at 28-15/16 and 24-1/16, respectively,

The London on New York cross- rate was quoted at -U.S.$4.94

Foreign Exchange and General Banking busias compared with £--U.S.$4.93%.

Imamoted.

Qumrani, &ccounts opened" and "Fixed Deposla zeolved for one 7 or bortar periode which will be quoted on application,

W. H. R. THOMAS,

Acting Manager. Hong Kong, 20th February, 1954.

SAFETY FIRST !

To Safeguard Your Valuabler and Jewelleries. Deposit them in a Vault that is really: FIRE PROOF BURGLAR-PROOF DAMP PROOF I OUR SAFE DEPOSIT VAULT

HONG KONG SAVINGS BANK. Located on the Maxranine Floor of

The Business of the shore Bank la condues- by the HONG KONG AND BUASUHAI BANKING CORPORATION. Hules may be pained on application.

THE HOND FONG AND SHANGHAI

V. H. GRAYBURN,

Quiet Manigst. Hong Kong, 6th February, 1984,

BANKING CORPORATION.

THE BANK OF EAST ASIA, LTD.

Makkorleed Capital

Taldo Ceplis

merre and Undivided · Profie

$10,000,000.00 6,598,600.06 6,000,00

HEAD_OFFICE:-HONG KONG

11, Da Toraz load Central

BOARD OF DIHECTORS-

Bly Shou-son Chow, Chara

HOPE

E4 Xpos Chen, Keq., P. E. Kwok, I

Tu Toog. Eng.. Chan Ching Shak, Esq., Id

Bed Zig., Wang Cho Bon, Eng, al Ian Tia

Benloa

Yelphony

Mankey

Kas Tour Po, Eng.. Chial Manager.

LI The Four. Eogs Manager.

BRANCHES AND AGENCIES;–

Sámalla Melbourne

Basila

Normal

Catania -

Naw Fork

Osaka

Parle

Patsia

Exurbars Swałow Sydney

PARADE

Hadgooa

Urinalain

Celoos

Baigon

San Francion

Every mention Banking and Exchange Islam tranzacted. Loans grafited on approved

Bourbon,

Current Accounts opened in Loual CarrouG sadFixed Deposits Mostra for a year ce shorter perioda is Local and Foreign Carrancieu sheet which will be quoted application,

Bata Deponis Sozen To

Hong Kong 1 March, 1994.

TONS FO Chial Manage

THE BANK OF TAIWAN, LTD. Head Office:-Talboka, Form OSB, Incorporated in Japan by Spacial Imperial Charter, 1899,

Central Bank of Formosa, Note

laaned Average amount Y.45,000,000

Branches and Agencies.

Japan: Kobe, Osaka, Tokyo, Yoko- hama, Keelung, Hakong, Nanto, Shoka, Shinchiku, Taiche, Tainan, Taito, Takao, Tamaui, Toen, Karenko, Kagi, Heito, Giran. China-Amoy, Canton, Foochow, Han-

The New York on London rate! was quoted at 2-U.S.$4.95, compared with -U.S.$4.934.

A8

LOCAL SHARES.

TO-DAY'S QUOTATIONS.

The following in the list of locali share quétations issued to-day:

Books,

H.K. Bank $1625 b. H.K. Bank (London) £188 n. Chartered Bank: £16 n. Mercantile Bank; A. & B. #82 n. Mercantile Bank C, 4184 n.. Bank of East Asia, $98 n. Am: O. Finance Corp., Sh. $20 n. China O. Fin. Ord., Sh. $1.80 n. China O. Fin. Fref Sh. $41⁄2 n.

Insurances.

Canton Ins., $270 n. Union Ins, $500 b.

China Underwritera $1.15 b.

London Silver China Fire Ins., $510 n.

Spot 23-15/16 Down 5/15

Forward 24-1/10 Down 5/16 Silver Comment:-The fall of prices was chicly due to China selling, India also sold. Specula-| tors bought at fall of price. Market| closed steady,

LONDON FORECAST

a new

A, moderately steady tone is ex- Our New building is Specially Con-) structed to provide all of these Im-pected on Wall Street, though busi- [portant Qualities.

nesa is again confined mainly to You may obtain a Safe Deposit specialties. Prospects of Box in this most up-to-date Vault for public works scheme is assisting your own une at a very moderate Ren-sentiment. In wheat the rally is domestically very sound. There is a disappointing visible decrease due to imports. Little change is expected in rubber. Cotton is ex- pacted to be unchanged. The re: port of the National Resources Board may possibly revive inflation- Mr. Oscar John- ary sentiment,

kow, Shanghai, Swatow. Others:-Hombay, Hong Kong, London, New York, Singapore, Batavia, Samarang, Soerabaya, Dairen. On and after April 20th, 1934, the rate of Interest on Special Carrent Deposit will be at 144% pa. on dally| balance and the rate for balanos over 10,000 will be quoted on application (Maximum rate-14).

Y. OHNO,

Manager,

Hong Kong Branch

8. Des Voeux Road, Central

THE YOKOHAMA SPECIE BANK LIMITED.

Established 1880

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

Yen,124,250,000

Head Office:-YOKOHAMA

Branches and Agencies at: Alexandria

Batavis

Berlin

Bombay

Calcutta

Canton

Nagasaki Nagoya

New York

Osaka

Paria Peiping

Dairen (Dalny) Rangoon Fengtion (Makien) Rio de Janeiro

San Francisco Seattle

Hamburg Hankow Harbin

Honolulu Hainking Karachl

На Копе

Hong

Kobo

London

Los Angeles

·Manila

Hoj

rays Sydney Montain Tokyo

Tsingtau Yingkow

Inspection Cordially Invited. THE NATIONAL COMMERCIAL

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

THE BANK OF CANTON, LTD.ston is rumoured to be en route for Washington lo diseass sales from the pool.

It is reported that spinners have, under-bought.

Established 1912. Head Ofco Hong Kong.

$11,000,000 8,058,000

Authorised Capital

Paid-up Capital

Total ResourcON..........

82370,493

Branches: Canton, Tojshan, Shangbai,

Hankow, Bangkok & San Franelaco, London Bankers: (Lloyds Bank Ltd,

WORLD SHIPPING CONFERENCE

H.K. Fire Ins., $2371⁄2 ¤. International Assce. Sh. 85 n.

Shinning.

Douglases, $40% n. H.K. Steamboats, $74. n. Indo-Chinas (Praf.), $30 m. Indo-Chinas (Def.), 188 n. Shells (Bear) 45/9.n. Union Waterboats. $18.

Mining.

EXCHANGE

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

No Substantial Change Seen Before 1935

AUTOMOBILE PRODUCTION

INCREASES

New York, to-day.

Traders on Wall Street do not

NOTICE.

R

ISLAND WATER SUPPLY..

IS HEREBY NOTIFIED that

on 21st.

The following quotations from Now expect any substanțial change in the I York have been received by Messrs stock market before the end of 1934. December the hours of supply in all.

S. E. Levy and the American Oriental) ||Finance Corporation.

Last

- Favourable factors were:

24,861

6 a.m.-

11 a.m.

(1) The automobile production districts on the island will be 1100 in the United States waa close 10.10 4.99% 4.94%,4.94% against 19,347 units last week and

16,782 units last year.

4 p.m. -- 9 p.m.

R. M. HENDERSON, (2) Manufacturers, are report-

Water Authority.... 53.85b ing a heavy advance in 1935 orders: Public Works Department,

(8) Business failures were 231 against 232 last week and 260 last Hong Kong, 19th December, 1934,

An unfavourable factor was:---

(1) The Federal Power Commis COMMODITY PRICES

alon has rejected the request of Mr.

Thomas N. McCarter, President of

The following quotations have

Government to co-operate to seek an been received by Mesars. S. E. Levy early Supreme Court ruling on the and Co., and the A.O.F.C. validity of the Tennessee

12.47

NY/London

NY Cotton

Mar.... July

19:53 12.53 12.54 12.56 12.52 12.53

M. Silver Mar. 54.65

May NY SE May NY Rubber

wwwwww

54.00 64.10b

1.3214

54.60b 1.30

Mar.

13.20

13.23

13.23

year.

July

13:05

13.01

13.61

C. Whent May 03

July

· 90 ·

93

934

C. Corn May 874

87

W. Wheat May 82%

83

STOCKB

the Edison Electric Institute, to the

Amer Smelting 374 37

3712

Auburn

24%

25%

Con Gas NY 225%

22%

22%

Valley

Du Pont

934

93%

93%

Elec Bond & Sh. 7%

7%

74

Authorities in charging private],

General Motors 81%

311⁄2

3114

Int Tel- & Tel 8%

9%

8%

utility companies with following ob- December atructionist policies.--United Presa,

New York Cotton:-

Loew's Inc

35%

35%

35%

per S. E. Levy and Company.

January

Dec. 17. Dec. 18, Closing Closing

...12.45 12.45

,12.43

Montgomery W. 28% Nat Distillers

28%

29

27%

27%

27%

S. E. Levy And Company's Report |

March

.12.53 12.57

NY Central 211⁄4

21

In their, market report, Messi'y,

May

.12.63 12.58.

Standard Oil NJ 40% US Steel

40%

40%

37% 371 37 London Prices

pondents for Mesars, White. Weld

July S. E. Levy and Company, corres October (1935)...12,54

.12.52

12.58

12.42

New York Rubber:-- December January March

.12.93A 12.99

.19.00 13.03

.19.20 13.20

May July Chicago Wheat: December

.13.55

13.57 B:

981

98%

99

.99%

98

93%

Langkate (Single) Sh: $15 n.

Messrs, H. B. Joseph & Co. have Electric. received the following Straits Cur-shares. repey quotations (Buyers) from "Bonds: US. Government bonds) Singapore for Raw Rubber:

vulnerable:-Consolidated Gas, Bal- timore & Ohio and Pacific Gas & Total Sales 820,000

December

90% 90%

May July

872 87%

842 847/8.

Jan-March 21 5/8 down 1/8 April-June 23 1/4 Unchainged Market: Very Dull.

better but second grade Issues were off,

were strong, high grade bonds were May

Winnipeg Wheat:---- December

77:12 77%

82% 82%

July

83%

BB

New York: Sugar:-

December

1.97

1.95

March

1.78

1.79

84

1,89

July

1.86

187

New York Silk:-

December

A.31

1.29%

March

1.01

· 1.30

1.82%

1.31

Y

.53/758 58.15 B

Antamoks 79 cts. b. Balatoes, 837 n. Baguio Gold 40 ets, n. Benguet Consolidated $18% n. Benguet Exploration 21 cts. n. Benguet Goldfield, 20 cta. n. Big Wedge, 10 cts. n. Gold Creek 23 cts. n. Gold Rivers 23 cts. n. Itogans 40 ets. n. Salacots 16 ets, n. Kailan 20/6 n.

S'hal Exploration Sh. $5 a. S'hai Loans. Sh. $6 n. Raubs 810.70 n. Venz; Goldfield $6 n. Docks, etc.

H.K. Wharves $108 b. H.K. Docks, $12% n. Providents (old) $1.40 n.

Foreign Exchange and Banking Agenda To Be Prepared Providenta (new), 50 cts. n.

}business" (of “every diséription trans-

acted

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

Safe Deposit Boxes (various mixs) for hire..

LOOK POONG KHAN,

.:: Chdet. Managm

Next Month

London, To-day.

It was stated in the House of Commons yesterday that the pre- paratory committee would meet next January to prepare the agen- da for the International Shipping| Conference which it is hoped will take place later in the year.→ AMERICAN EXPRESS COMPANT, British Wireless Service.

THE

INC.

Head Office: 65, Broadway, New York

Capital Surplus Reserves

„U.9.$5,000,000.00

2,087,112.69 2,995,528.81

THE MERCANTILE BANK OF INDIA, LTD.

HEAD OFFICE:

16. Gracchurch Street, London, EC.A.

.23,000,000

Authorised Capital

Subscribed Capital Paid-up Capita! .... Reserve Fund & Rest BANKERS:

1,800,000

1,050,000 1,247,432

The Bank of England & Midland Bank, Tatd.

Bangkok

Colombo

Gulla

BRANCHES

Ipoh Handy.

MALE ZAKIR

Delhi

Kuala Lipis

.Huala Lumpur

Rone Loui

Mndra.

BRANCHES,—–—–—–

Ámularzam Azwa Athens

Ganos

1

Milan NiAn

* Naple

Accusa

Piraeu

Botabey

Heale

Berip

Bocobay

Hastry HATTO Heidelberg

Facia

Palpins

Palermo

Brimi

Brussela

Taterlaken Zortzpalam

Rotterdam

Cairo

London

Begin Shangha

Cricuta

C

Liverpool Lucerne

Colombe

Lagun

Copenhagen Dublia Edbergh Forense Седеть

Or

Maraaliban Monta Carin

Munich

Montus

SoulCampion Blogapor Tientela Taormina Vienn Vezice Yokoka.com Zurlak

Branches of American Express Com pany in Principal cities ·・・of United Btates of America `and Canada.

All classes of Commercial Banking

Pransactions undertaken,

Personal investment sccounts handled.

The Company offers to intending Travellers the use of Ita "Travelerá {Cheques" and Letters of Credit and, addition, the world-wide services fita thoroughly equipped Travel De partment.

Howrsh

New York

thens.

(AMENITIMAK)

Shanghai

Singapore.

Kuantan (Fabang) Mala

HONO KONO BRANCH

Erety, description of Backing and Exchange burl. mana kransacted.

Travallaro Chaquon lamund,

Trustee and Executorships under taken,

INTRREST allowed on Current Accousie and Fixed Deponita, si Mates that may be securtafond. on application.

7. B. ROSE,

Que's Bond Outral. C. Managne, Hong Kong, 12th June, 1934.

THE CHINA & SOUTH SEA BANK, LIMITED

(Incorporated in China) Head Office..Shanghai... Capital

$7,500,000.00 Reserve $1,500,000.00 Branches

<

All Important Cities

in China

General Foreign Exchange and Banking Business transacted.

Current and Saving Accounts opened and Fixed Deposita received for one year or shorter periods at rates which Manager.will be quoted on application.

·BOU. Z. OHANG, E

Manager. HONG KONG® BRANCH; 24, Des Voeux Road, Central

EFW. DUGGAN,

THE WING ON BANK, LTD. TONG KONG

Authorised Capital: £10,000,000:

Foreign Exchange and Banking Business of every description transact ed._

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, aussie Safe Deposit Boxes (various sizes) Afor replied

PHILIP GOOECHON Chief Manager GOCKCHIN “Assistant - Maha pertany

LISHU TONG Asulitant Manager.

Indarat, elemnt en Ourent Deposita received for fixed periods at mates to be obtained on application.

Q KISHINAMI, NA Me Manager Hong Kong, 11th September, 1934. -

· Manager's Office: 1. Tel. 88565' Foreign Exchange Dept.

General Office Cashier's Office

88586-

'n

+ 38557 36569

THE SHANGHAI COMMERCIAL & SAVINGS BANK LIMITED. (Incorporated in China) Capital paid up ... $5,000,000. Reserves LAN [$7,000,000, Capital: Savings Dept. $500,000. Reserve Savings Dept--$600,000. Head Office --Shanghal

Bank having as its mission the Industrial development of Chinn and the fostering of her commer cin) relations abroad.net Hong Kong office:TḥIes House St.

Hongkewa, Sh. $310.m.

New Engineerings, Sh. $54 n. S'hal Docks, Sh. $120 n.

Cotton Mills. Ewo Cottons. Sh. $9 n. S'haf Cotton (old) $74 n. S'hai Cottons (new) $44% n. Zoong Sings, Sh. $9,40. n. Wing On Textiles, Sh. $55 m.

Lands, Hotels, etc.

H.K, and S. Hotels $5.10 b. H.K. Lands $55% n.

H.K. Lands 4% Debentures 101%

n.

Shanghai Lands Sh. $241⁄2 n.

Metropolitan Lands Sh. $12.20 Humphreys $94. H.K. Realties $4.90, b.. $5 sa, Asia Realties "A": Sh. $100 n. Asin Realties "B" Bh:$20 n. Chinese Estates $88 n. China. Realties, Sh. $124 n. China Debentures Sh.,$136 p.

Public Utilities

m.)

(Continued on Page 7)

The following quotations from Len-and Company, New York state: den were received last night between "Stocks: We expect a market that] 5.30 p.m. and 10.30 p.m.

continues to be quiet in this area owing to the lack of some new stimu- lation. Year end tax-selling ad- Justments are likely to be an in- creasing factor now. Metal shares continue to be better than on netion:

RAW RUBBER PRICES

Latest Quotations From Singapore

Tin And Rubber

T

The following are quotations from Singapore dated December

12 on Tin & Rubber shares (prices

in Straits currency).

Mining

Ampat_Tin 4/8 24/7

May

The following utility issues are con- July sidered to be substantial, although Chicago Cara:-

(Continued on Page 10.)

WEEKLY EXCHEQUER May

RETURNS

Expenditure Increase May And Revenue Decrease Montreal Silvert-

/

(issue value),

Asam Kumbang 85/- Cum b., 36/-| Cum ., £1 (sue value).

London, To-day,

December March

The Exchequer returns for the Austral Malay 59/- xd b., 61/- 3d past week show that during the a., £1 (issus value),

Ayer Hitam 18/9 d., 14/8 p., 5-current financial year the total or B.:-BID; NOMINAL. (issue value).

dinary revenue, exclusive of self-} Hitam 49 cts.; b., 51 cts, a., 50 (issue balancing revenue, amounted, at value).

May

July

December 15, to £893,868,147, |which is £2,989,235 less than the

H.K. Tin 11/ Cum b, 12/- Cum 8, 5/- (issue value),

Kuchais T.D. 98 cts b., $1.01 b., $1 amount collected at the correspon- (issue value).

ding date last year.

Lingui 1.20 b., 51.25 8., 31. (issue) value

Pahang Con 8/0 b., 9/6 5., 5/ (lagued value).

Fetalings 16.90 b., $6.10 a., $1 (issue value).

Sungei Luas $1.20 b., $1.23 3., $1 (issue value).

Southern Kintas $4.42% b., $4.52% s., 5/ (issue value).

Ulu Klangs $1.10 b., $1.15 3., $1

H.K. Tramways $20.10.b., $20.20 (issue.value).

a.

Peak Trams (old) $12 n.

Peak Trams (new), $7 n.

Star Ferries $38 b.

Yaumati Ferries $224 n.

C. Light (old) $10.40 b., $10.20/45

sa.

C. Light (new) $10,15 b.. H.K-Electrics-$711⁄2b.- Macao Electrica, $25 n.. Sandakan Lights $8 n. Telephone (old) $25 b., $251⁄4 sa. Telephone (new) $10.30 b. China Busea, Sh. $12.40 n. Singapore Traction's 4/3 h. Singapore Pret. $17/9 m.

Industrials

Malabon Sugars, 38:70 n. Cald: Macg, (Ord.), Sh. $21_n.

Cald: Macg: (Préf.) $201n.

Canton Ices $2.85 b.*** Cements 32.30 'n. * H.K. Ropes $4,10 n.

Stores, etc. || Dairy Farms: 824 n.

Watsons' $5. n.

Lane, Crawforda $8.75 a. Mackintosha, $21• p>- Sinceras $8 s.;:$8,40 mm. Wm. Powells: 70 cts: xi. - Wing On (H.K.) $105, 1.

Miscellaneous.

H.K. Amusements, 323⁄41⁄4 'n.' Entertainments, $731⁄2 n. S.C. Enterprises, $1 nk me Macao "Greyhounds,'' $2 n.. Constructions (old): 32 n... Constructions (new)-78 cta..b. Vibro Piling $6.60 m

Ch. Goyt 5% 1925 G#Bds-92%

|

Rubbers

Expenditure for the same

per-

.13.37 13.40

5465 63,75 B .54.90N 54.60 „„55,50N - 55.00 N

A-ASKED; N.:--

NEW YORK CITY `AGHAST AT EXORBITANT BIDS

New York, To-day-New York iod, exclusive of self-balancing City has rejected bids by 9 utili- items, was £504,906,618, which ex-ty companies for its 1995 power ceeds the amount expended at the and steam requirements, terming corresponding date last year by their rates "exorbitant" and pro- |£11,928,844. British Wireless posing the eventual establish- Service.

ment of a muncipal ... plant. United Press,- per S. E. Levy and Company.

REVISION IN STOCK

Allenby $1.90 b., $1.95 B., $1. (fee EXCHANGE POLICIES

value).

Alor Gajah $1.650 Cum b., $1.65 Cum B. $1 (issue value).

Ayer Panas $1.75 b, $1.85 5., *31 (issue value).

Ayer Moleks $1.05 b., $1.15 s., $1 (issue value),

Bassetts-71-cts.-b.,-75-ots-s..—$1

(issue value).

B. Katils 74 eta. b., 78 ets. a., (issue value).

Erogas 93 cts. b., 97 ets. ., (issue value),

Ch. Serdangs $1.15 h., $1.20 (issue value),

s.,

New Committee Shows

Liberal Tendencies

London, To-day-The Stock Exchange Nominating Commit- sttee has been selected to choose a

$1

President and 10 Governors. It

As It Insured? ?

Insurance All Classes LOWEST RATES

American Asiatic Underwriters Fed. Ind., UISAT General Agents

$1 is regarded as having liberal ten- Head Office

dencies, therefore some members. expect an alteration in general 17, The Bund: Stock Exchange policies. Unit Shanghai ed Press, per S. E. Levy and Co.

Glenealys $207, 2.12 s.. $1

(issue value).

Indragiris $1.25 6. $1.30 s, $1 (issue value).

M. Pindas $1.55 b., $1.00 - $1 (issue value). .....

N..Seudals $1.80 b., $1.90 m., $2! (issue value).

Nyalas $1.20 b., $1.25 $1 (Issu value],

Pajama $2.10 Cum. b., $2.12 Cum s $1 (issue value).

Radella 34.75 b., $5.00 a., $5. (Issue value).

5. Tukanga #1:15 b., $1.20 su / $1} (Issue value).

Tapahs $2.10 b., $2.15 ., $1 (Issue value).

T. Ansons $1,50 b., $1.60. 8. $1 (issue value), she

Tambalaka 80, ctx. b. 86 cts. s., $1 (issua value)

U. Pandan $1.45 b., $1.50 sij› $1 (issue value),

U. Malaccas $1.75 b., $1.50, $1 (issue valite).

*U.“ Benuts 57.cts. b., 54% cta, a, 50; cts. (issue value),

a

BANKERS ACCEPTANCES DOWN

New York, To-day. ---- Bankers.

H.K. Govt. 4% Loan, 8% prem. b, acceptances on November 30 H.K, Govt: 84% Loan 8%% were 3561,330,541 against

prem. n. Wallace Harpers $74 s

$758,212,098 ast year United Preas per 3.E. Levy and Co...

S. E. Levy & Co.

UNDERWRITERS AND DISTRIBUTORS

ND COMMODITIES

SECURITIES AND ·

BOUGHT AND SOLD, ON COMMISSION

DAILY NEW YORK STOCK AND

·COMMODITY SERVICE

Members:

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

CORRESPONDENTS FOR

WHITE. WELD & CO., NEW YORK

7 ICE HOUSE STREET, HONG KONG

80101 and 50108

H. K. Ofice.

Asia Life Building Tel. 30234

Tel Address: Belco