1935-02-20 — Page 6

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION.

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA,

30.000,000 Incorporated by Royal Charter, 1858.

bahorized Capitalen #50,000,000 Ened and Pully Vald-up mangostarni More Funde

*.. ditarliba -

ין

Win

Reseve Lability of Propristane $20,000

HEAD OFFICE; (ONGKONG,

¡BOARD OF DIRECTORS, Hon. Mr., . H.. Macki

Cheirona,

X, 11., Daud aadl. Kreş,

Deputy China.

Hun bir, W. it. 3.

a. 11. Decrypton,

* 6. Knigh), Esq.

C. Miskin; Eeg.

ANOT MANGEUK MATAVIA MONDAY, DALOUTTA GANTON OR 2700 'COLOMBO

DAIREN VOOCHOW RAIPHONG

HAMITING

MANKOW

MANBIK

NONOKEW

LLOILO

LOU

JOHGBY

ZOBE

KOWIAKIN

HEAD OFFICE: LONDON

Paid-up Capital'

Reserve Fund

.£9,000,000 ..$3,000,000)

Reserve Liability of Pro-

prietore

£3,000,000)

Agencies and Branchen:

Alor Riar

Hollo

Kargoda

Bigon

Попитай

Karachal

Hamarang

R. 4. Morrison, K 1. 3. Paterson, Kaq.

Kling

Bramban

Borbay

Kobe

T: Euros, Esq.

Catrulla

KURIA

Canton

Lumpur

Cawnpore

Kuchlag

Cebu

Madr

Colombe

Balt

Kedan

Haiphong

New York

Hamburg

Tripinn

Tiankow

(Paking)

Hasti

Tanong

V. M. Orayburn, bog,"

Chial Mus

DBANORES

LONDON LYONE MALACCA

MANILA

MSTAR chors)

MUKDEN

NEW YORK

PRIPING

PERANO

BANGOON-

RAN PRANCISCO

SAIGON

KITATA TSINPUR

RHANGUA

SINGAPORE

HUNUE PATANI.

NRBAHAYA

• TIENTSIN

TOKYO

TRINITAO

•VERSILA MA

+

Curren Aroovie opened to Food · Qurrandy cad Fized Deposit recaled for ann year, Dr shorlar perinda in Local Company and Harling or whick will be quoted on applimnilom, Kon Xona, tb Aprli, 2004,

HONG KONG SAVINGS BANK.

1

The Business of the shove Bank le conduct..

by the HONG KONG AND BUANGHAT

ANKING CORPORATION.

ablained on "application.

Rum be

FOR THE HONG KONG AND SHANGHAI BANKING CORPORATION

Y. M. GRAYUAN,

Chief Maunger.

Mong Kong, 26th February, 1964,

THE BANK OF EAST ASIA, LTD.

Capital

.10,000,000.50

aborted Capital Bastere and Undivided Proble$1,200.00 HEAD UFFICE-HONG KONG 12, D Vaux Ross Central

BOARD OF DIRECTORS:-

Br Shou-son Chow, Chalemas.

La Koan Ohun, Ke, P. X. Xwak, Esq., WoDE! Fun Tong, Zag.. Chan Ching Hbok, Esq., & Lan Shay Leg Wong Chu Son, Keg, and Kan Ting Bu, Bag,

-The Too Po, Esq. Chlaf ungar. -

TM Fong Bay, Munger.

--

BRANCHES AND AGENCIES:--

Musilla

Melbourne

Nagmati

Hona Kent.

flages porn Allian

Rodrabaya Talping Tin Toankah

(link)

Ingisa

Yokrasma

Zamboang

THE CHINA MAIL, WEDNESDAY, FEBRUARY 20, 1935

Commerce and

Finance

LOCAL DOLLAR

STEADY

Silver Prices Rise

The local dollar remains steady, opening on demand this morning ing at 1/9%.

Spot silver rose . being quoted at 26, while forward advanced 3/16, to 25%

The London on New York cross- rate continued at £U.S.$4.881⁄2 while the New York on London

Foreign Exchange and General Deskbg barate was quoted at £-U.S.$4.88%, transected.

Current Receente opened and Fixed Depoel 48 compared with -U.S.$4.89. received for us year ce shorter periods at enson

which will be quoted an application.

A. BREARLEY. EXPENDITURE UP,

REVENUE DOWN

Manager. Hong Kong, 1st. January, 1935.

SAFETY FIRST :

To Safeguard Your Valuables and Jewelleries.

Deposit them in a Vault

that is really:

FIRE PROOF

BURGLAR-PROOF

DAMP PROOF!

BRITISH TREASURY

RETURNS

London, to-day.

The Intent Treasury returns show that ordinary revenue for the finan- ctal year, up to February 16, amounted to £593,878,820, as com- OUR SAFE DEPOSIT VAULT pared with £609,701,084 for the cor- located on the Mezzanine Floor of responding period of last year. In- Our New building is Specially Concluding self-balancing revenue, the tracted to provide all of these Im-figures are £670,468,820 and £689,- portant Qualities.

098,084, respectively.

Income tax collected last week about £14,000,000, bringing the total to dato to £175,669,000, as against £178,594,000 at the corresponding data last year. The total ordinary expenditure up to last Saturday was £622,286,759, as compared with £608,392,799 on February 17, 1984. With self-

Deposit

You may obtalo a Safe Bor in this most up-to-date Vaals for your own use at a very moderate Reb-amounted to

Inspection Cordially Invited. THE NATIONAL COMMERCIAL

& SAVINGS BANK, LTD. "Corner of Ice House Street and

Des Voeux Road, Central

THE BANK OF CANTON, LTD. balancing expenditure, the total for

Established 1912.

Head Office: Hong Kong,

the current year is £705,248,427, as jagainst £690,472,745.-British Wire- (less Service.

8,858,000 RAW RUBBER PRICES 82,170,492

Authorised Capital... $11,000,000 Paid-up Capital Total ResoJTTER Branches: Caton, Tolshan, Shanghai,

Hankow, Bangkok & San Francisco, Latest Quotations From

London Bankers: Lloyds Bank, Ltd.,

and Banking Foreign Exchange business of every discription trans

Basizla

Bomatog

Bombay

New York

Bunke

Bbangkal Bingapore bourabaja

acted.

iphons

Senolulu**

Parlo

Pelping Press

Sidang

Rangoon

Tentan

Kevices

Balgou

Taiyo

Taskonver

His Frandend

·Yokohame

Brary dortyom of Basklug and Brakang, business transacted. Loun granted on approval Bourilise

-

Darreal Arcevals opened in Idea! Durmas And Fixed Deposta aired for one 2007 sharter periods in Local and Foralgs Currencies

blch will be quoted on application. Bale Jeposit Box To Im

XAN TOXO Po,

Cile! Manuger Bong Kong. Fat Muzok, 1994.

THE BANK OF TAIWAN, LTD.

Head Office: Talhoku, Formona, Incorporated. In Japan by Special Imperial, Charter, 1899. Central Bank of Formosa, Notes

issued Average amount Y.45,000,000

Branches and Agencias.

Japan:--Kobe, Osaka, Tokyo, Yoko-

hama, Keelung, Makong, Nante, Shoka, Shinchiku, Taichu, Tainan, Takao, Tamsul, Toen, Karenko

Taite,

Kagi, Heito, Giran.

China: Amoy, Canton, Foochow, Han-

kow, Shanghai, Swatow.

Others: Bombay, Hong Kong, London, York Singapore, Batavia, Samarang. Soerabaya, Dairen.

New

On and after Apell 20th, 1934, the rate of Interest on Special Current Deposit will be at 1% p.a. on daily balance and the rate for balance over $10,000 will be quoted on applentira (Maximum rate-1).

.Y. OHNO,

Manager.

Hong Kong Branch

3. Des Voeux Road, Central.

Singapore

Messrs. H. B. Joseph & Co. have Current Accounts opened and Fized Deposite recared for one year or received the following Straits Cur shorter periods at rates which will be rancy quotations (Buyers) from quoted on application..

Safe Deposit Boxes (various sizes). for hire:

LOOK WOONG KHAN,

THE

Chief Manager.

AMERICAN EXPRESS COMPANY,

**ING.

Head Omee-65. Broadway, New York

Capital Surplus Reserven

.U.£.$6,000,000.00

The Hague

2,087,112.69

1,995,528.21

Nion Naples Pi Parla Pulpiz!! Palermo Retardan Rem Shangh

whampion

·BRANCHES:

Amakerdam

Antwork Libens

Cenas Glare

MITAN

A

FATOR

(

Burbury

Farlin

Harre

Thornbay

Heidelbe

Promon

Tirunel

. Jeromalene

London

Calcutta

riverpool

Cannon Bolonhe Copenhagen Tablie Edinburgh

Hi Tielin

Taormina

Vianna Vents

•Yok the th Kürich

Piersmes

Lucerna

Lugane Fazor Marielles Monte Carl Violia... Vect

Hantreks

Branches of American Expresa Com- in Principal eltias at Walted Many States of America and Canada.

All classes of Commercial Banking Transanctions undertaken.

Personal investment accounta

THE YOKOHAMA SPECIE, BANK handled.

LIMITED.

Singapore for Raw Rubber::

Spot 21% down

April-June 28% down .: July-Sept. 24% down 4. Market: Uncertain.

THE MERCANTILE BANK OF INDIA, LTD.

www.

HEAD OPPICE:

15, Gracechurch Street, London, C

Authorised. Capital

Subscribed Capital

Paid-up Capital

Reserve Fund & Rest

BANKERG:

.£8,000,000

1,800,000

1,050,000

1,247,482

The Bank of England & Midland Bank, Lill

Bangkok

Bombay Malope LOIDOSS

Da bi

Challe

Song Kong

Howrah

.

BRANCH B1 Ipoh Taniz!

Bw York

Kuala Lipis

Rangoon

Konin Lampor

Khangbal

Kisantan (Palnog) Bimla Madras

Singapore

ме

HONG KONG, BRANCH

Every description of Banking suẻ Ësokaoge benf- De iransated,

Travellers Chagena Eron,

Trustee and Executorships, under- taken.

INTEREST allowed on Current Accents sai Fixed Deposite si Hates that may be sourialan on application.

J. B. 2096.

Manage

7. Queen's Bood Central..

Hong Kong. 12th June, 1984.

THE CHINA & SOUTH SEA BANK,

Reserve Branches

(Incorporated in China).. Head Office...Shanghai : Capital *$7,500,000,00 $1,500,000.00 Al Important Cities

China The Company offers to intending

and General Travellers the use of its "Travelers Foreign Exchange Cheques" and Letters of Credit and, Banking Business transacted,

Current and Saving Accomta opened Capital (fully paid-up) Yen.100,000,000 addition, the world-wide services Reserve Fund ... Yen.124,250,000 bf its thoroughly equipped Travel De- and Fixed Deposits received for ons

Established 1880

Read Offen;-YOKOHAMA

'Branchen und Ageneles at:

Alexandria

Nagasaki

Batsvin

Nagoya

Berlin

New York

Bombay

Oinka

Calcutta

Canton

Dairen (Dainy)

Peiping Rangoon

Hankow

-Paris-

"(Mukden)" -Ria de. Jenefro

San Francico: Seattle

Harbin Bong Bong Honolulu Halaking

Singapore

Soerabaya

Sydney

Tientsin

partment.

·E. W. DUGGAN, ....

Manager,

__THE_WING-ON-BANK;-

TONG RONG

Authorised Capital $10,000,000

Foreign Exchange and Banking Business of every description fransact-

ed.

Current Accounts opened. Special Deposita received at special, rates, and Fixed Deposits received for one year jor shorter period

year or shorter periode at rates which]

BOUZ

will be quoted on applicanor NG,

* Mariager. HONG KONG BRANCH;- 24, Des Voeux Road, Central. Manager's Office, Tal. 33585 Foreign Exchange Dept.

83588 General Office? Cashier's Office

88567

81569

THE SHANGHAI COMMERCIALS

& SAVINGS 'BANK LIMITED,

(Incorporated in China) // Capital paid up /*.$5,000,000. Beserves, ins

LATE 7,000,000

› Reserve, Sayings Dept.- $600,000.

be quoted on appity Capital Savings Dept. 8500,000.7

~Los Angeles

Moji

Tokyo Telngtan Yingkow

Ourens Ac for hire.

sparnaits received for fixed periods

Bafe Deposit Boxes

PHILIP COCKCHIN Chlef Manager

anates to be obtained en application, L. GOCKCHIN.

VACARISHINAMIKA

LAS BANDAR Manager..

11th September, 1984.

FORMA

TILSK) | Head Office-Shanghat

Assistant Manager

-LI SHU FONG"

A Bank having as its mission the Industrial developinanti

and the fostering of

cial relations abroad

LOCAL SHARES.

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

J

Banks.

H.K. Bank $1520 8.

TIN SCHEME

SAFEGUARDS

ARE ENOUGH

Government Action Not Called For

NEW

ADVERTISEMENTS

SPORT NOTICES,

THE HONG KONG JOCKEY CLUB

HONG KONG PHILHARMONIC | ANNUAL RACE MEETING, 1935.

16th, 18th, 19th, 20th and 23rd February, 1936,

SOCIETY

BUFFER POOL PREVENTS HIAWATHA ON SATURDAY, J, MONDAY

BIG FLUCTUATIONS

16th, 18th. TUESDAY 19th, and WEDNESDAY 20th February, the CHINA FLEET CLUB THEATRE arst bell will be rung at 11 a.m.,

THURSDAY, 7th March

AND

London, To-day. The Colonial Secretary, Sir]; Philip Cunliffe-Lister, answering SATURDAY, 9th March

H.K. Bank (London) 131% ex: Parliamentary question yesterday

div. n.

Chartered Bank $15.n.

Mercantile Bank A. & B. $814 Mercantile Bank C, 4134 ¤. Bank of East Asia $90 n.^-

Am: 0 Finance Corp., Sh.$20 China O. Fin. Ord., Sh. $1.80 n China O. Fin. Pref Sh. 541⁄2`n.

'Insurances,

Canton Inc. $260 ŋ.. Union. Ina. $4927 by.

China Underwritela $1.30 b.

China Fire Ina. $4.90 n.

with regard to the developments in the tin market, said that the Go- nment did not consider that any action on their part was called for One of the advantages of a com

nplete and elastic scheme auch a

the tin regulation scheme, he said,

9.15

p.m. sharp.

Admission $3, $2 & $1 plus tax

Booking" opens at Anderson 27th February.

was that it would largely eliminate poly ones

the opportunity for, and risk of, MUNICIPAL

speculation, first by providing the means of adjusting supply and de- mand and then by securing the fallcat

information regarding

H.K. Fire Ins. $227% b., $227 stocks and shares.

白蠶。

International Assce. Sh. $5 n.

Shipping.

Douglases $391⁄2 n. H.K. Steamboats, $71⁄4 n. Indo-Chinas (Pref.), (30 m. Indo-Chinas (Daf.), 388 n. Shells (Bearer) $51/3 n. Union Waterboats $12.

Mining, Antamoka 93, eta, b., 94% cta. an. Balatoes $43 b.

Baguio Gold 39 cts, sa. Benguet Consolidated $14 s. Benguet Exploration 17 cts. b. Benguet Goldfield 10 cts. n. Big Wedge, 10 cts. n. Gold Creek 381⁄2 cts. n. Gold Rivera 22 cts. 5. Ipo Mining $1 n. Itogans 42 cts. .. Salacots 16 cts. n. Kailan 18/9 n.

Langkats (Single) Sh. $18 n. S'hai Exploration Sh. 65 m. S'hai Loans, Sh. 36 m. - Raubs $7.90 n. Venz; Goldfield $5 n.

Docks, etc. H.K. Wharves $112 a.. H.K. Docks $111⁄41⁄21⁄2 b. Providents (old) $11⁄4 bi Providents. (new) 80 cts. 3. "Hongkews, Sh. $309 n.

New Engineerings Sh. $5.80 n.

S'hal Docks, Sh. $120 n.

串 Cotton Mills.

Ewo Cottons Sh. $9.22% n. Ehại Coton (old) 74 n S'hal. Cottons (new) $45 ¤, Zoong Sings Sh. 19.30 n. Wing On Textiles, Sh. $55 n.

Lands, Hotels, etc.

H.K. and S. Hotels. $4.95, b. H.K. Land $50 1.

H.K. Land 4% Debentures 101%

b...

Shanghai Lands Sh. "$22 n. Metropolitan Landa Sh. $12.20 n. Humphreys $10 n.

H.K. Renities #5.10 n.

Asia Realties “A”; 8h.. #100 n. Asia. Realties “B” Sh.$17 n. Chinese Estates $98.x. China Realties Sh. $10.80 n. China Debentures 8h.3123 n.

Public Utilities H.K. Tramways $20 b. Peak Trams (old) $8% n. "Peak Trams (raw), 6 n.

Star Ferries 894 n. Yasmati Ferries $22 n.. C. Lights $10.20′′b.' - H.K. Electrics $71. b., $72 s. "Macao Electrica $25 1.2 Sandakan Lights $8 n. Telephone (old) $26 n. Telephone (new) $10.15 b. China Buses Sh. $12.40 n. Singapore Traction 7/8 n. Singapore Pref: 18/4 n.

Industrials Malabon Sugar 88% ni Cald: Macg. (Ord.), Sh. $21 n. Cald: Macg. (Pref.) Sh3194 n. Cantor Ices $23⁄4_b. Cements $2.08 b. H.K. Ropes $3.80 n:

Stores, etc. Dairy Farms $244 m. Watsons 34 n.

Lane, Crawfords $8.75 ̊n. Mackintoshs, $21 n. Binceres $8

Wm. Powells, 70 cta. n. Wing On (H.K.) #105 n.

Miscellaneous.

H.K. Amusements $1.85 n. Entertainments. ST1⁄2n. 5.C. Enterprises $1.35 n. Macao "Greyhounds,” 82 nä Constructions (old); $1.70 m. Construction (new)- 49 ctz. b, Vibro Piling $632 m

BANKNOTES

and the first race will be run at 11:30 am. On SATURDAY, 29rd. February, the first bell will be

rung at-1.30 p.m., and the first race

will be run at 2 p.m.

The tiffin interval will be taken after the fifth race on the first four days:

MEMBERS' DAUGES AND ENCLOSURE

Members are reminded that they' and their, ladies must wear their badges prominently displayed throughout the Meeting..

No one without a badge will be ad- mitted to the Members Enclosure.

"REACH PAR Badges admitting non-members

In fact, he continued, the prics Accepted By Canton

of tin had remained remarkably stable for many months, with the result, he understood, that specula- tion, had greatly diminished. In{ addition there was the Buffer Pool, under the control of the participat- ing Governments, which could be additional safeguard used as an against serious fluctuations in prices.

Merchants

TEACHERS AND EMPLOYEES GRATIFIED

and

to the Members' Enclosure Club Rooms at $10.00 per day in- cluding tax-or $40.00 including.. tax for the Meeting (ladies $5.00 and $20.00 respectively) are obtain able through the Secretary upon in- troduction by a member, such Mem- ber to be responsible for all chits. Jetc!

:!།

(From Our Own Correspondent]

Badges admitting to Members" Canton, To-day.

Enclosure will. NOT be on sale at" For the first time in 15 months the Race Course. the notes of the Canton. Municipal van

The Secretary's Office, 3rd Floor.

He recalled the fact that the Bank were accepted to-day at full World Economic Conference had value by the leading department Gloucester Building, (Tel, 27794) reviewed the operation of the tin stores, such as The Sun Company WILL, CLOSE AT 10 a.m, ON THE and its branch at Wal Of Rond, big FIRST FOUR DAYS, and at 12.30 schemes and expressed its full a book shops such as the Commercial p.m. ON THE FIFTH DAY. proval of this scheme-British Ps and the Chun Hua Bock A limited number of tiffins will Store, and the Luk Yuan Restau- be obtainable each day at the Club House, provided they are ordered

British Wireless Service.

SINGLE CONTROL UNLIKELY In the House of Commons yes-rant.. terday Mr. David Grenfell,, La The rate yesterday was 97 cents in advance from the No. 1 Boy, bour MP. for the Gower Division to the dollar, and to-day it rose to Telephone No. 21920.

On no pretext will children be uf. Glamorganshire, asked whe- 98 or 99. cents. Enterprising mer- ther any representations had chants thereupon announced that the permitted in either enclosure dur- been received against attempts municipal notes were acceptable ating the first four days of the Meet- to create a complete monopoly in full face value in anticipation of ing.

PUBLIC ENCLOSURE tin and whether any action was doing more business.

proposed to prevent tin from com- Municipal employees and teachers The price of admission to the ing under the control of one in municipal schools are glad that Public Enclosure $2.00 per day powerful group,

the banknotes are now accepted at including tax for all persons in Sir Philip Cunliffe-Lister, full value in many places... Their cluding ladies and is payable at the Secretary for the Colonies, re-salaries, which are paid in munfel-Gate.

plied that no representations had

tax.

been received. The area of tin pal banknotes, are discounted by 10 Soldiers and Sailors in uniform. production, he said, was so wider cent. When the notes were here admitted to the Public En- that it was almost inconceivable per cent. of their face value, the closure at $1.00 per day including pay of these teachers and employers that it should come under"

was only 80 per cent. of its hotinal Bookmakers, Tic Tac men etc. will not be permitted to operate single control. Reuter

amount,

The fa per cent salary cut was within the precincts of The Hong to stabilise the depreciated bank-Kong Jockey Club during the Race

Meeting. notes, and nine municipal taxes havoj

NEW YORK STOCK MARKET

LESS TRADING, BUT OUTLOOK GOOD

Gold Clause Decision May Help Business

In their market report, Messrs. S. E. Levy and Company; corres. pondents for Messrs. White Weld and Company New York stata:---

been increased by 20 per cent. to Tiffing will be obtainable in the the same end.

|Restaurant in the Public Enclosure, Electric consumers| ་ : ༢

SERVANTS' PASSES are asked to pay deposits on their]." meters, besides the rent. Al! 76- Passes for Servants will he

venues, it is said, have been used as issued on application to the Secre the reserve fund of the notes.

SPECIAL LICENSES ·

REQUIRED

Italy Imposes Fresh Restrictions

tary, 3rd Floor, Gloucester Bull- ding,

Any persons found loitering with Servants' passes in their possession will forfeit the same and will, be removed from the enclosure..

By Order“

C. B. BROWN, Secretary. Hong Kong, 11th February, 1988.

"Stocks: Though continued defla- tion of utility and rail issues was a deterrent factor and reduced the

Rome, To-day.'!! yolume of trading, the reaction of

The list of 1,500 articles requiris It Insured? ? the market was encouraging. We

jing special licenses for iraporta- expect that a rally will be renewed tion into Italy under the new de shortly, though a large participation cree, intended, partly to restrict depends on whether business im-

Italy's importa and partly to pro- provement resumes, due to the set vide a bargaining lever to obtain tlement of the Gold Clause cases favourable treatment for Italy's Business done:-1,100,000 bushels.

exports. These include cost, "Commodities: There was scatter machinery, woollen clothing, skins,

- Insurance ~*~ All "Chisien LOWEST RATES

American Asiatic Underwriters

Red: ›Inc., : Ú„ŠÁK General Agents

ed liquidation by recent buyer worked steel, iron, fish, manufac- Head Office The demand from consumers is still turing cotton, linen, hemp, tobacco, 17 The Band healtant."-Reuter:

· (Continued on Page 7)

NEW YORK STOCK EXCHANGE

Reuter Quotations

February 19, The following quotations from New York have been received by Renter

Last Pos close 10.15 11.00

February 20.. 4.8944.88% 4.88%

N.Y./London N.Y. Cotton

Mar-

12.59

12.71

་ ་ ་

19.57 12.51

Jaly

12.69

12,84

NY. Rubber

Mar July

13.42b 18.35

15.23

C

Wheat

18.72 May

928

12.65 13.58

085% -92%

88%

July May 89

G. Cara

W Wheat May 882. STOCKS: Amer Smelting 8TH,

Con: Gas N,TARY% Da Post 97%. Elec Bond & Sh.6% General Motors 82% 82% Kenedy Int-Tel- & Tel.

Ch. Govt. 5% 1925 G$Bds.89%

ny

HI.K. Govt. 4% Loan, 64% Loew's Inc

35

prem: b

Montgomery

28%28%% H.K. Govt 8% Loan 3% prem NY Coneal 19 319% |Net Distillers, 20, 283*

Wallace Harpers 3736 zi

Standard Oll NJ AIKARAIK

spirits, tea, and biscuits.

The restrictions vary from 50 to 10 Shanghai

per cent. The duties will come into force on March 31.-Reuter

S. E. Levy & Co.

ICK HOUSE: SYRKET

INVESTMENT DÄNKEES A BROKERS

NEW YOKK COTTON EXCHANGE COMMODITY EXCHANGE, INC. NT,

CHICAGO BOARD OF TRADE

CANADIAN, COMMODITY EXCI

CORANSPO

WHITE, WELD & CO.) "NEW" TOLK.

H.K. Once Alfa Life Building

Tel. 30234