1935-05-01 — Page 6

BANKS

HONG KONG AND SHANGHAI | THE CHARTERED BANK OF

BANKING CORPORATION

--INDIA, AUSTRALIA & CHINA.

Sterling £6,500,000 Silver...... 110,000,000. Reserve Liability of Pro-

prietors

NIKAD OPPISE, HONGKONG!

·BOARD OF DIRECTORS.

HEAD OFFICE: LONDON

THE CHIN

Con

LOCAL DOLLAR IMPROVES

WEDNESDAY MAY 1, 1935

ommerce and Finance

,000,000 Silver Prices Advance

Authorized Capital ............... Ised and Fully Pald-up, Rere Funds:--

$50,000,000 Incorporated by Royal Charter, 185).

20,000,000

Paid-up Capital ...

Rezerve Fund......

.£3,000,000 £8,000,000

20,000,00

Reserve Liability of

prietors

Agencies and: Branches?

Pro-

Aler

thangkok Balvin

Karachi

Back

Toke

Musia

Dan

'.

-Kushing

Tablet

Vasile

Tiantais

Dall

Xiden

Terkah

Halparas Hamburg

New York

Poping

Tengias

Bliskow

(FOR)

Jekocama

Timb

Zembrange

R. 11. Undwell. Ewq. .

Chairman.

C. Engis, B

Deputy Chairwe.A.

WH. Bell, Em, K. S. Morrison Esq., M

A. H. Compton. Enq

Debe M. T. Johnson, Esq.

Hon Mr. J. J. Paterson,

G. Makin Esq., T. E. Pearce Esq.,

AMDT

WINDEGR

BATAVIA

BOLEHIAY MALCUTTA DAXTON

CHEPUO

CULUM BO

DARKN TOOCHOW

WUPHONG

TAMATIO

BANKOW

SIRBIN

ROYAKEW

MANE

2011

JONCLE

Сове

KOWLOON

V. M. Graybarn, has

pala Manager..

BRANCHES

· KUALA LUMPUR

LONDON

LYUNH

MALAOCA

MANILA

MAI Jrs)

ORDER

KKW

YORK

PEIPING PINANG NANDOO

HAIGON

BAN FRANCISCO

RHANGUA!

SINGAPORE

HOURABAYA

FUNDED PATANI

TENTSIK

TOKYO

TSINGTAO

YUROHAN

Current spened to LocusTM Quirandý

Fixed Deports received ·See com

aular periods in Local Company and Sterling

larma which will be quoted or implication.

Hong Kong. 6th April, 2095

and unf

Tisang

-Bargoon

Talgon

Sumarsog Barba Ebanghel Blogsp

Roura hazu

The local dollar has advanced Jopening on demand this morning, at [2/53812

Spot silver rose from -84. 1/16 to 84 11/16, and forward from 34 3/10 to 34%.

The London on New York cross- rate was quoted at £-U.S.$4.88, as compared with -U.S.$4.83%, "Bechonje sed: General Banwhile, the New York

on London Current Resouple opened and „Fited Depolla i CANTAR for and your shorter periods a cross-rate was quoted at which will, bu qosiad ne application,

U.S.84.83%, as compared with £- A. BREARLEY.

Manager. U.S.$4.8354.

'Hong Kong, 1st. January, 1935.

SAFETY FIRST 1**

To Safeguard Tour, Valuables. and Jewelleries.

Deposit them in a Vanis

that is really

FIRE PROOF

BURGLAR "PROOF"

DAMP PROOF!

་

EXCHANGES

TO-DAY'S QUOTATION

On London-

located on the Mezzanine Floor of On Singapore-

Our New building is Specially Con- On demand

portant Qualities.

HONG KONG SAVINGS BANK. tracted to provide all of these in On Japan-

You may obtain a Safe Deport Box in this most up-to-dele Vault for On India your own use at a very moderate Her- Build May

the Business if the above 'Best be conduct. dhe sa HONG KONG AND MANOHAT

KING CORPORATION.

Dapprision,

FOR THE JIONI KONG AND SHANGHAI 14N5NG CORPORATION

T. M. GRAYBURN,

Chief Ma Hong Kong, 25th February, 1995.

THE BANK OF EAST ASIA, LTD.

Raskorised Ceplia Neop Capill

outs and 17. Jirided Froßte

W

Inspection Cordially invited. THE NATIONAL: COMMERCIAL & SAVINGS BANK, LTD.. Corner of Ice House Street and Des Voeux Road, Central

LOCAL SHARES.

TO-DAY'S QUOTATIONS,

NEW YORK STOCK MARKET

NO DECISION YET ON PENSIONS ACT Absence Causes Further Liquidation

می

in their market report, Messra."

The following is the list of local. E.. Levy and Company. corres« share quotations issued to-day: [pondents for Messrs. White... Weld

and Company, New York, state:

Banks.

NEW ADVERTISEMENTS

ON

BANK HOLIDAY:

N the Occasion of Their Majos-1 tles' Silver Jubilee the EX CHANGE BANKS will be CLOSED

THE CANTON INSURANCE OFFICE LTD.

NOTICE TO SHAREHOLDERS

FIFTY-FOURTH ORDIN-

for the Transaction of PublicTARY GENERAL MEETING

Business on MONDAY, the 0th. May, 1985. A

Hong Kong, 1st May, 1935.

NOTICE.

"SHELL HOUSE”.

HE Public are hereby

of Shareholders will be held at the Offices of the undersigned on WED- NESDAY, the 22nd May 1985, at Noon, for the purpose of receiving the Report of the General Agents, together with a statement of Ac- counts for the your ended the 33át December 1994:

The SHARE REGISTER and notified TRANSFER BOOKS will be CLOS-

ED from the to the 1935, both days inclusive.

JARDINE, MATHESON &

CO., LTD. General Agents.

Stocks: The absence of" al Supreme Court regarding the Rail- Broad Companies: Pensions Act has caused further liquidation An accumulation of silver issues on weakness is recommended. Busi-mises altuated at 24-32 Queen's Road Central, designated "Asiatic ness done: 860,000 shares.

Grains: Some private estimates Building," will be known a of the Winter wheat crop are ox"SHELL HOUSE" pected to reflect the deterioration since their previous reports. The supply situation in wheat suggests. purchases on declines. Total sales: Wheat: 29,485,000 bushels; Corn: 18.189,000 bushels.

H.K. Bank $97734.0. "H.K. Bank (London), £124%

Chartered Bank $14. Mercantile Bank A. & B. $813⁄41⁄2 Mercantile Bank C. 6181⁄2 mATA Bank of East Asia $81 m. Am: 0. Finance Corp., Sh.818 n. China O.Fin. Ord., Sh. $1.80 m China O..Fin. Pref. Sh. 34. Insurances, ", - ཎྚ་ !

Canton Ins. $215 n Union Ins. $3.50 n. China Underwriters $1 n.. China Fire Ins. $400 n. H.K. Fire Ins. $200 8. ̧ International Assce Sh.84

Shipping.

Douglases $89 n.

H.K. Steamboats $6 s. Indo-Chinas (Pref.), $80 n. -Indo-Chinas (Def); $88 m. "Shell" (Bearer) $65/71⁄2 n. Union Waterboata $113⁄41⁄2 r.

Mining,

Antamoks 7 cts. n..

Balatoes $35 n. Bagulo Gold 21 ctx. m.' Benguet Consolidated $11 n. Benguet Exploration 10 cts o Benguet Goldfield 10 cta. n.

Big Wedge 8. cts. n. Gold Creek 30 cta, n.-

Gold River. 7 cts, ñ.

Ipo Mining 85 cts. n. Itogans 30 cte. n.

MID-LEVELS RESIDENTS'

IT HE

ASSOCIATION

NOTICE

SEVENTH

ORDINARY

Hong Kong, 1st May, 1936,

NOTICE.

TOTICE IS HEREBY GIVEN

that the business, now being.

CottonThe market was quiet, but steady, awaiting Loan and GENERAL MEETING of Mem-

bers and Residents interrated will carried on by WING KEE, Sail Processing Tax, decisions.

Rubber The general situation be held in the Buard Room of maker of No. 44 Hennessy Road, remains unchanged. Total sales: Messrs. Shewan, Tomes & Co., 8a (3rd floor),- (including all goods and. Des Voeux Road, Central, (by kind fittings) will be taken over by LEE 60 fots.

permission) on FRIDAY, the 10th instant, at. 5.30 p.m.

Flash-The same interests, who were large buyers of Consolidated Gas at around $17, are again buy ing at the present level.

E. A Pierce, And Co's. Report In their market report, the American Oriental Finance Cor poration. correspondents for Messrs. E. A. Pierce and Company of New York state:

(Continued on page 9.)

NEW YORK STOCK

EXCHANGE

On T.T. and demand

.2/5%.

4 months' sight

2/6

Credits 4 months' sight.2/0

On Shanghai—

OUR

SAFE DEPOSIT VAULT

On demand

142

10411⁄2

On demand

.2074

On T.T. and demand.....162

On New York-

On demand

59%

Credits 60 days' sight

.61/4

On Batavia-

On demand

864

¡On Parla

On, demand

882/2

Credits 4 months' sight..9421⁄2

On demand

89

On Manila

S'hai Exploration Sh.44% n. S'hai Loans Sh.35 . Raubs $5% 8.

On demand

1184

Venz: Goldfield $5 ».

Docks, etc.

rate

7534

*2/6/% 34-11/16

rta. H.K. and K. Wharves ex.right $87

C. Wheat May 90%

July

0912

.nom.

>.par.

...3% p.n.. 261⁄2 dis. .par.

$10,000,000.00 THE BANK OF CANTON, LID, On Saigon

10. 83,154, 400.00

BEAT CE:–10NG LONG

13. aus Bond Castrol

BOARD OF

DIRECTORS—

Hit bouwow, thalami

Established: 1912.

Head Office:-Hong Kong.

Authorised Capitai .................. - $11,004,00) On Bangkok--

Paid-up Capital,

La Town Chan, Egon Total Researcos Tu Toog. Eng., Ching Shel, Zeq.

12th, Eng., Word, Chu 65, 441 Tun Ting

INGA)

Kar Tong Fo. leg. Chis! Heunghe,

The Foot, Log. Managu

Olenta Edula

Biphotg Sk Monolulu

Luke

BRANOUD AND AGENCIES 1—

Ham

Sp

Benurung

Shangha

New York

Creaka

Paris

*Fusion

boke Belala Tukyo

ping

Teng

Hangoon

Sago

A Francon

Brave Avec 1910s of Bouring sad ·Prohane

bove tran-otel Leans granted on approvdj

Account opened in Cooal Cyrene

sat Fized · Deport received for one

8,685,000 On demand

82,170,493 Sovereigns bank buying Branches: Canton, Toletan, Shanghat Hankow, Bangkok & San Francisco.

London Bankers: Lloyds Bank, L., Bar silver per oz.

Foreign Exchange and Banking Copper Cash business of every discription - trans Copper Cents icted.

Current Accounts opened and. Fixed Rate of Native Interest Deposita racet rod „for one year or Chinese Sub, Coin barter periods as rates which will be Hong Kong Sub Cofn quoted on application.

Safe Deposit Boxes (varions". KİNGO) |fer hire.

LOOK POONG. SHAN,

THE

RAW RUBBER PRICES

Chief Mani Latest Quotations From

Singapore

Marter periode to Local and Feign CurrenciesAMERICAN EXPRESS COMPANY,.. Messrs. H. B. Joseph and Co. have

Worms which will be quoted oopglicked..

Safe Depot Boin To Lat

XANTONO PO

CAM Monger,

INC.

Head Office:--65, Broadway, New York

Capital

.17.8.38,000,000,00 2,087,11269 1,095,528,81

Reaver

THE CHINA & SOUTH SEA BANK, Surplus

"LIMITED

fIncorporated in Chinm)

Head Office...Shangha

Branches All Important Cities Ball

.Capital

Reserve

BRANCHES:—–

··· Rotterdam

Shanghai

Antwerp

Kilangan

Asband

*****$7,500,000,00

$1,500,000.00

Акарел Healed

The lingue BAYADA Hamburg ExvY

Naples Pirmo

in Chins

and General Foreign Exchange Banking Business transacted.

· Bombay |---- Heldalborg Breme Bransole Caire Delovák

Palme

Interlaken

Javtokalas

London

Liverpool

Cases

Laicera

Colombe Copenhage Dalla Edleburgh Varemos

Lugebe

Marsailles

Current and Saving Accounts opened and Fixed Deposits received for ons your or shorter periods at rates which

he quoted on application.

SOU Z CHANG,

Manager.

HONG KONG BRANCH:

24; Dea Voeux Road, Central. Maniger Once Tol 38565 82660 Foreign Exchange Dept

88567 General'-Offica

83669

Cashier's Offer

-

H

THE YOKOHAMA SPECIE BANK LIMITED.

Established 1880

Japital (fully paid-up) Ten 100,000,000 Yen.125,800,000 Reserve Fund.

Head Office:—YOKOHAMA

arz Branches and: "Agèncles at:

Alexandria

Batavia

Berlin

Bombay

Calcutta

Centon

Dairen (Dany)

Hamburg

“Nagasaki...

Fenttien (Makden) "Rio" le Jenetre

Rankow

Harbin

Kong

Kong

Honolulu

Reinking | Karachi

Kobe

London

Les Angelm

Manila

Boj

Nagoya

New York Osaka

--Paris

Pelping Rangoon Ban Francisco Seattle Semarang

Soera

Tokyo

Taingtan

Interset allowed lön

Depoalts received for fixed periods

it rates to be obtained on'application

CKISHINAMI

J

Monte Carls Valia

Monich

Mor

*30 Benei kam gion'

Toutain,

Vietna

Yokohama Burles

Branches of American Express Com- pany in Principal cities of United States of America and Canada,

All classes of Commercial'. Baking Fransactions undertaken.

Personal investment» accounta handled.

Tho Company offers to: Intmding Travellers the use of là “IZArcion Chequer" and Letters of Credil und, In addition, the world-wide-mervices of its thoroughly equipped Travil De |partment.

E. 'W. DUGGAN,”.

Manager,

THE WING ON BANK LIMITED

Head Office: Hongkong. 26, Des Voeux Road Central, Authorised. Capital $10,000,000 LONDON BANKERS: Westminster Hand, Ltd, d Foreign Exchange and overy descrip tion of banking businesses transacted

Current Accounts

and Saving Accounts opened. Fixed Deposits received ať rates which will be quoted on application. Special raten given fr Special deposits; grand

Trusteeship and Executorship under taken. Safe Deposit Boxes for hired CASE PHILIP GOCKOHINOZA

received the following Straits. Cur- rency quotations from Singapore for Raw Rubber.

Spot 19 % Up % 19.% July-Sept. 20 Unchanged 20

344

Oct.-Dec. 21 Unchanged 21

34.

Market: Steadier:

··BRITISH TRADERS INSURANCE

COMPANY LIMITED

Subject to audit the Directors will recommend the payment of a Dividend' of 9s. (Nine Shillings) per share for the year ended 31st December 1934.

. THE MERCANTILE BANK OF - INDIA, LTD.

HEAD OFFICE:

1,800,000 1,050,000

1,247,482

18, Amchurch Sirest, London, E.03. Authorised Capital...:£3,000,000 Subscribed Capital Paid-up Capital .... Reserve Fond & Rest BANKERS! The Bank of England & Band Bank, IAả. ISTRA NCITER 1 Ypab

New York Kandy

Penang Port Loule

(Alanitiua)

Bangkok

Bombay

Capta Colombo Delhi

Jiong Kong Howrak

Karachi

• Kota Bhar

Kuala Lipis

Kilala Lum

Rangoon Ebangh

!"

Madras,'

Singapore

مطرة

Kuantan (Fahang) Kimia

NUSG. LONG DRAMOR.

Every description af Barking and Richangs 'bos- pena transacted

Travalines Choques Întoak,

Trustes and Exseatorships under taken.

INTRNEST allowed, on Durrani Anomalu; and |Pixel- Toponía as) Baim that may, be sacerlaland

on, application.

{1,"Queen's_Bond Central,

L KENNEDY,

Hong Kong, 1st April, 1925.

་ཟི་-- "

THE SHANGHAI COMMERCIAF & SAVINGS BANK LIMITED

(Incorporated in China) Capital paid up 24$6,000,000%--

· Reserved WWWWW$7,800,000. Capital Bavings Depl$600,000, Reserve Bavings Dept $600,000,

A Bank having na ito mission tha Industrial development of China and the fostering of her comEILEEV (cial relations abroad::

All Manager,LGOCKCHIN MAZELL SHU PONG/Phone WLE Hong Kong 11th March 1995.) -/ [Asst. Manager v

Asst. Mmage:

Salacote 12 ċta. ...

Kailan Mining Ad.-18/ n.

Langkala (Single) Sh.$14 m

Reuter Quotations

May 1. The following quotations were re- ceived by Reuter:

close N.Y./London 4,84% H.K, and K. Wharves $88 8. Cum, NY Cotton July 11.82

Oct.

11.37 NY Rubber July 11.19

Sept.

. 11.00

H.K, and K. Wharves right.$10 sa. H.K. and W. 'Doèke $934 n. Providents (old) $1 n. Providents (new) 20 cts. D. Hongkew Sh. $2671⁄2 n. New Engineering Sh.35 n. S'hai Docks Sh. 3110 u.

Cotton Mills.

Ewo Cottons Sh. 88.80 n. Shanghai.Cotton" (old) Sh.$88 n. S'hal Cottons (new) #42 n. Zoong Sings Sh. $84 n. Wing On Textiles, 8h. $55 n.

Lands, Hotels, etc. H.K. and S. Hotels $4.05 b. H.K. Lands $37 n.. H.K. Land 4%

100% n.

Debentures

Shanghai Lands Sh.$20% n. Metropolitan Lands Sh. $10 n. Humphreys $94 n.

H.K. Realties $4.85 n. Asia Realties "A”, 8b. #75 n. Asin Realties "B" Sh. $10 n. Chinese Estaten $90 n. China Realties Sh. $7 n. China Debentures 8h.$128 n..

Public Utilities

H.K. Tramways $123⁄41⁄2- sa, Peak Trams (old) $81⁄41⁄2 n. Peak Trams (new), 46 n. Star Ferries $85 8. Yaumat! Ferries $22 s.” C. Light $8.70 b... H.K. Electrics. $61 sa. Macao Electrics $25 a. Sandakan Light $68. Telephone (old) $20 n. Telephone (new) $9% 8. China Buses Sh. $111⁄2 n. Singapore Traction 10/8 m. Singapore Pref. 20/6 n.

Industrials Malabon, Sugar $8% n. Cald: Macg: (Ord.), Sh.$19% n. Cald: Macg. (Pref), 'Sh. $141⁄2 u. Canton Ices.31.80 n. Cements $7.40, n., Converted. H.K. Ropes $2 n,

Stores, etc.

Dairy Farms $10, 8. Watson $8% n. Lane, Crawfords $84 n. Mackintoshs, $21 r Sinceres $8 .......* Wm. Powells, 10 cta. n. Wing On. (H.K.): $105 E..

Miscellaneous,

H.K. Amusements $1.85 n. Entertainments $6.40 .

S. C. Enterprises $1.85 m. Macho "Greyhounds” $2 n. Constructions (old); $1,40 n/ Constructions (new) 45 cta, n. Vibro Filing $5.4. Ch. Govt. 5% 1925 G1Bds-

H.K. Govt. 4% Loan, 8%%% prem,

I-H.K. Govt, 8% Loan 2% prem.

Wallace Harpers $6

C. Com May 80% W. Wheat May 88% STOCKS:-

Amer Smelting

Соп Сля

Du Pont

444 43%

Montgomery W. 28 Nat Distillers 20 N.Y,, Central, 104 Standard O11 N.J. 4211⁄2 U.S. Steel -

33

LONDON EXCHANGES

T. A. MARTIN,

Hon. Secretary Hong Kong, lat May, 1935.

NOTICE.

SHUN LEE TONG, on MONDAY, the 5th of May, 1995, who will carry on the business under the firm nume of WING KEE,

Notice is also given that any, debts or claims standing against the old proprietor must be forwarded to WING KEE on or before. May 5th. The new proprietor, will not be res- THE WAH YAN PAST STU-ponsible for such old debts or TDENTS ASSOCIATION will clalins after the date stated above.

hold an "AT HOME" at the College Hall on SATURDAY, '4th May 1935, at 8.00 p.m. All past Wahyanites are cordially welcome.

JOSEPH NG,

Hon. Secretary,

Dated May 1, 1995.

LEE SHUN LEE TONG. "Hong Kong, May 1, 1995.

NOTICE.

A

COMMODITY PRICES responsibility

11.35 been received by Reuter.

32%

The following quotations have Apr. 29. Apr.30. Closing Closing

December

11.77 11.79 11.82 11.81 11.37 11.36 11.42 11.43 11.46 11.48

11.68b 11.77b 11.79 11.90b 11.90 11.97 11.07 *12.11 12.13 12.20

NOTICE IS HEREBY GIVEN that by mutual.consent the interest and of FREDERICK NEWMAN MATTHEWS, F.C.A., in the business of Lowe, Bingham.& Matthews, Chartered Accountants HONG KONG OFFICE, ceased as on 1st February, 1935: the practice in the Colony and District will con- tinue to be carried on under th present name and style by JOHN FLEMING, CA., and ARCHIBALD RITCHIE, C.A.,

and. NOTICE IS HEREBY GIVEN that

the responsibility and liability of JOHN FLEMING C.A. and, ARCHI- |BALD RITCHIE, C.A. in the busi- : ness of Lowe, Bingham & Matthews at SHANGHAI, TIENTSIN, PEI- PING and LONDON ceased as on 1st February, 1995; the practice in these places will continue to be car ried on under the present name and style by FREDERICK ́ ́NEW- MAN MATTHEWS, F.C.A., ERN-- EST FROST HARDMAN, : C.A., HENRY RENNIE CLELAND, CA. and ARTHUR JOHN KANE, A.C.A. · | LOWE, RINGHAM & MATTHEWS,

Chartered Accountants.

10.20 11.00

4.83% 4.83 11.83 11.78 11.38 11.76b 11.76 11.88b 11.89

00

9914 New York Cotton:- 88%. May

88

July

483

October

23 23% 23 *9744077

Jan, (1936) 97

"

Elec Bond & Share 61⁄4- General Motors 30* Int Tel & Tel Loew's Inc

สม 61⁄4 March

11.58 11.53

30%

74

7

30% Spot.

12.20

12.20

$8%

38%

38

New York Rubber:-

2514

264 -26% May 25 July 164 10 [September 42% 42% October *824

11.62

December

January

12.18

[Chicago Wheat:---

London, Yesterday.

May

9912

98%

Paris

72 59/64

July

991⁄2

99%

New York

4.83

September

100%

99%

Montreal

4.85%

Chicago Corn:-

Brussels

28.402

May

894

89%

Geneva

14.86

July

26.

85%

Amsterdam

7.11

September

2014

80%

Milan

58%

Winnipeg Wheat:-

Berila

11:94

May

884

88

Madrid

85 9/16

July

90

80%

Belgrade

213

New York Sugar:-

Montevideo

40% Sel..Of.

1/2 5/32

May

+

July Sept.

34% -British Wireless Service. Jan (1936)

Dec.

New York Silk:

May July

Yokohama

Other rates unchanged.

34 11/16- Silver Spot Warloan 3%. 106. Exdiv, Silver. Forward

No, 1 No. 8 No, 1 No. 8

Con. Con. Con. Con

Hong Kong, 30th April, 1935.

2.39 2.88 2.88 2.3s At Insured?

2.44 2.42 2.42 2.40

2.50 2,47 2.60 2.46

2.59 2.55 2.58 2.64 245a 2.88 2.46 2.37

THE CHINA FIRE INSURANCE COMPANY LIMITED ·

September Montreal Silver: Subject to audit the Directors

¡May will recommend the payment of a

July Dividend of $12.00 per share and a

September Bonus Dividend of $6.00 per share December for the year ended 31st December 1934,

FLEET MOVEMENTS Summer Exodus For: North Begun

The summer exodus of the Fleet for the north began to-day with the departure of HMS. Cornwall" "for Amoy at 8.30 am. She will arrive! at Amoy to-morrow.

The destroyers: Duncan, Diamond and 'Daring left for the Pagoda Anchorage, Foochow, this morning. They will leave there on the 8th for Shanghai, arriving there, on the] 9th. The final stage of the journey, between Shanghai and Wel Hal Wel will be accomplished between the 15th and 17th.

The destroyers Delight and Duchess departed for Swatow this morning. They will leave Swatow on the 9th and arrive at Amoy on the same day. After a stay of four days at Swatow, they will leave there on the 14th, arriving at Wei Hai Wei on the 17th

1.38 1.322 1.82 1.82 1.821.81

76.10 77.00 77.15 77.80 77.90 78.00 79.00

79.90

/Insurance ---- All Classen **LOWEST RATES. American Asiatic Underwriters Fed. Ino, USA. General Agenta

Hend ÓBee

17, The Bund Shanghai

S. E. Levy & Co.

· 7, ICK HOUSE STREET

INVESTMENT, DANKERS BROKERI

MEMBERS

NEW TOLL COTTON EXCHANG

COMMUNITY EXCHANGE, INC. NIT,

CHICAGO BOARD OF TRADE CANADIAN COMMODITY EXCHANGE, ING,

CORRESPONDENTS FOR

"WILD & 007} NEW YORK

H.K. Office

Asia Life Building

Tel. 30234