1938-03-12 — Page 12

dayon

1,593/1,80

£95

€19

229

E14

$35

Do.

Insurances

1278

H.K. Banks

Do. (London)

Chartered Banka ...

Mercantile

Bank of East Asia...

N. C. & S. Barku...

Canton insura008 (..

is “A”

"C"

+

211

£29 £14 $86 32

1530

1540535/540

2.20/35)

Union Insurauitos ...

$276 1536

Underwriters

19476

H.K. Fires...

3947

Stopping

Douglason

3591

$11

Steamb

811

Indo-Chinas (prof.)

$51

143

Da.

(def.)

$43

90/7

Shell

91/3

19.30

:

Waterconte

$9.30

12

DAILY SHARE QUOTATIONS Hong Kong Stock

Exchange

HONG KONG

DAILY PRESS,

SATURDAY, MARCH 12,

1938.

H.

Sharebrokers' Association

K. STOCK EXCHANGE

NEW

YORK STOCK EXCHANGE

FRIDAY.

Nominal

MARCH 11.

Bayero

Hollere

Kalen

Banka

YESTERDAY'S

OFFICIAL

QUOTATIONS

During the week the market has $1,600 been active, resulting in a fair

29A

turnover of shares at improving prices. Profit taking has not en- tirely outrun demand, though at the close, the earlier gains. in Hotels, Trams and Docks, have not been maintained, The market closes, steady.

Manila is still uncertain and b must remain so, though with a downward tendency, until the dif- ferences between the Manila Stock | Exchange and International Ex- change have been solved.

BUSINESS DONE DURING

THE WEEK

Now York: March 11

New York, London Cross rate Now York Cotton-May, New York Rubber-May. Chicago Wheat

Chicago Corn

Winnipeg Wheat-May. Silver Boia)

(Through Reuter's Service)

QUOTATIONS"

Last

High Low Close

'Today's Close

3001

5.0').

3.00 9.00 .10

2.06

Changi 1/4 up .05 aff

14.53 1458 14.50

14.58

.09

ag

--May. www.May.

Է 871

878

7/8 off

59

18

1/8 off

1201 119)

120 442

118

L

442

1) oft unch.

1937

High Low Dow Jones Aromages. 194.40 113.84 30 Industrials

Mar, D.

195.87

High Low Close 19635 124.62 184.71

Change

.90 of

84.46 17.09 20 Rail

37.21

27.00 36.30 96.36

.85 off

37.54 18.95 30 Utilities 105.89 88.74 40 Bonds

18.98 89.04

19.10 18.61 18.63

62.44 6901 11 Commodity laden 12.93

.15 off BM.37 107 off 63.67.15. of Business Dune:—480,000 sharco.

STOCKS

Adams- Express

Mar, 9

B

Last Sale

10

STOCKS

Last sale

Mar. 9 10

831

Humble Oil

661

671

I

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION

Authorised Capital $50,000,000 Issued & Fully Paid-Up $20,000,000 Reserve Funds: —

Sterling ..........

..£8,500,000

H.K. Currency Reserve $10,000,000. Reserve Liability of

Proprietora

THE CHARTERED BANK OF INDIA AUSTRALIA AND CHINA Incorporated by Royal Charter, 1833

HEAD OFFICE: LONDON; 38, Bishopsgate E.C.2.

· Pald-up Capital.......... $20,000,000 Reserva Fund...

Head Office:-HONG KONG

·

Board of Directors. T. E. Pearce, Esq..

Reserve Liability at Přas

prietors........

7 Chairman.

Hon. Mr. J. J. Patersou,

£3.000.000 £4.004,900

£3.000.000

MANCHESTER BRANCH; 71. Mosley Street, Manchester.

"AGENCIES AND BRANCHES:

1101L0 POR KARACHI

AMRITSAR BANGKOK

Deputy Chairman, ALOR STAR J. E. Bousfield, Esq., A. H. Compton, Esq.,

Hon. Mr. S. H. Dodwell, Hon. Mr. M. T. Johnson,

KLANG KORE

SALOON

BEMABANG

ALKEMBANG

BHANGHAL

SINGAPORA

SITIAWAN

BATAVIA BOMBAY

Alleghany Steel Co.

16.

18)*

Int. Nickel .....

401

49

J. R. Masson, Esq.,

"

Allis Chalmers Amer. Can

43],

16 1

Int. Tel. & Tel.

*

71

G. Miskin, Esq.,

90

86

Int. Dept. Stores

.:10

03*

K. S. Morrison, Esq.,

Mining

H.K.. Bank $1605, $1600 $1595,

Amer. Cynamid "B"

231

231

Kennecott Copper

367

351

A. L. Shields, Esq.,

16/3

Kailana

16/.

Sir Vandeleur M. Grayburn,

$1800.

Amer. & For. Power

34

31

Lambert Corpn.

11

314

>

:

17.90 vats

7.80

$4

Fejdza Cold Shis.

13.40

10 eta Bougkong Mines

Ducks. Whart90,

Canton Insurance. $277A. Union Insurance. $555.

$540. $535.

Amer. & For. $7 pí. -20

18 *

Libbey- Owens- Ford

Chief Manager. HAIPHONG

$545,

"Amer. Locomotive

20

20

Glass

331" 33

Branches:-

Amer. Metals......

31

31

Lockheed Aircraft

81 81

Amoy

1poh

140

$31 $1.45.

13.55

$31

10.45

38/35

$100 $3

Godowns, etc.

H.K. & K. Wharrel 8140

China Underwriters. $2.28. $21. HK. Fires, $2473.

Amer. Radiator.....

121

1

Loew's Inc.

47

46

Bangkok

Johyre

Penang Rangoon

OD

Providents (old) ...

Wharves, $1331, $1333.

$135)

Amer. Rolling Mill... Amer. Smelting

181

181

Lorillard

10.

161

Batavia

Kobe"

Saigon

*B

471

McKesson & Robbins"

Bombay

Kowloon

13.55 31/3.024

Do.

(new)

$138.

$1.46

H.K.&W, Docks

$35

Docks, $331, 3341.

534.60,

Shangusi Docke 8.

83

[New Buginsoriaus S.

1.3

112 12

$351. $35. $347.

.

Lands. Hotels, nod

u disi

$7.16

H.K Hotels

$7

13/10)

$361 $100

$361

H.K Landa.......... 8361

$364

· D

Do. 4% Debentures

+100

$5.00

5.80/

195

$13:40

**

Shanghai lands....

Metropolitan Lande..

Humphreys, $8.40. $3j.

H.K. Realties...

$5,90

flumphroys

$81

Chineas stuA LOH.......

Providents (Old), $3.30

$3). $3.45, $3). $3.55, $33. $3.45] Providents (New), $1.20. $1.40

$1. $1.45. $1, $1.45 Hutels, 36.90, $7. $7.10, $7.15. Lands, $35. $351. $351. $361.

Realties. $3, $5.80, $5.85, $5.00.

Tramways. $15.65, $15.55, $155.

$15.55.

$3.45.

Amer. Sugar Ring ..... - 281 $34) Amer. Tel. & Tel. ..... 132) Amer. Tobacco "B". 671 Amer. Waterworks ... 9 Anaconda Copper

271

$3 pl.

33 *

331

Calcutta

Kuala

Francisco

1311 68

Martin, Glen L. .........

173

173

Canton Lumpur

Shanghai

Chefoo

London

.83

31

31

Monsanto Chemical 831 Montgomery Ward... 348 Nat. Bond Invest-

831*

Singapore

Colombo

Lyons

Scurabaya

34

Dairen Malacca

Sungei

Foochow Manila

Patani

Atchison, T. & 8. Fe..

34.

33

ment

14.

14 *

Haiphong Muer

Atlas Corpo

71

7

Nat. Cash Register 153*

158

Auburn Motors

44

41

Nat. Dairy Products 137

143

Hankow Mukden

Tokyo

Baltimore & Ohio

8

67.

Nat. Distillers

217

21

Harbin' New York

Hongkow Peiping

Tsingtao Yokohama

Bmore & Ohio Ptd.

93

73

Nat. Power & Light

$1

01

Iloilo

Barber & Co.

167

16

Nat Supply Corpn.

201..

191

Barnsdall an

15+

15

New York Central...

101

1G

Current

Bethlehem. Steel...

531

541

Niagara Hudson P

A

:

813.85

8731. Stuns Cottone....S

Zoong Sings.....S..

Winzon Textiles(2.1)

Cotton Mills Ewoo

Star Ferries. 383). $84.

B

Boeing Airplane Co.

28

271

Corpn.

75

71

8. $13

Yaumati Ferries, $271.

Borden Co.

171

171

N. America Aviation

71

370

China Lights (Old), $12.40.

$12. Borg-Warner

24*

244

North America Co. 181

181

$24

532

Ewa Cotton Rts. S

Pabile Utilities ·

¿ Tramways

$7

Poak Trama (vld) ....

$15.40 *

15.50

Da (Dew)...) 3

3831

831,84)

Star Ferrice

1831

1271

8271

Yaumati Ferrios

$124

#12)

19.30

China Lights (old)...) 912)

- Do.

827)

Do. (new)... $9.30

Res

45, $121. $12.35, $124. China Lights, (New), $9.30, $91. Electrics, $817 $61), $62, 5617, $62. Electrics. ex, div, $60,

Telephones (Old), cum. div. $28. Telephones (Old), ex. div. $27.30. Tphones (New), cum. div. $102. Cements, $171. $177, $18. $17.

$18.15, $18:30, $181. Ropes. $54.

Brooklyn-Manhattan

Briggs M'acturing. 211 Brooklyn-Manhattan

211

Northern Pacine

103

10+

Accounts opened in Local Currency and Fixed Deposits received for one yrir or shorter perfods in Local and other Cur- rencies on terms which will be quoted on application.

Swatow,

Hamburg (Johore) Tientsin

KUALA

LUMPUR KUCHING

SQURABAYA

TAIPINO

TIENTS IN

TOXOKAH

(Bhuket)

NEW YORK TSINGTAO

PEIPING

YOKOHAMA

(Peking) ZAMBOANGA PENANG

HONG KUNG BANGOON

FOREIGN EXCGBANOE and General Banking Business transacted.

CURRENT ACCOUNTS opened and FIXED DEPOSITS received for One Year or shorter periods at rates which will be quoted on applica tion.

The Bank's Head Office ia London undertakes Executor and Trustee business, and claims -re-

of covery

British Income Tax overpaid, on terms which may be ascertained at any of the Agencies and Branches.

R. W. ROBERTS.

Manager.

DALCUTTA

CANTUN ! CAWNFORE CEDU

MADEAS

COLOMBO DELHI

MANILA

MEDAN

HAMBURQ

HANKOW

HARBIN

Facific Gas & Elec

25

251

Trans.

91

101

"Pacific Lighting

30A 36

Packard Motors

41

,"

$6 cum. pt. ...................... Case. J.I.

28

Paramount Pictures

9

Pi

862

851

Paramount 1st. pf.

851

801

Canadian Pacific.... Celanese Corpn.

£2

Pennsylvania R.R....

20

20

154

151

Phillips Petroleum ....

37

361

HONG KONG SAVINGS BANK

Cerro de Pasco....... 391

391

Public Service of NJ,

201

29*

Chesapeake Corpn.... 431

42

Pure Oil

112

111

The Business of the above Bank

#X div. 500 div. H.K. Electrica... Sao

$60

CD

101

Macao do. TATIAN

Sandakan Lights .....!

197X div.

Telephones (old) ...

XD

$27.30

Stof X div

Do.

(new) $10.40 XD

Watsons. $61, $6.00, $6.80, $6.90. Entertainments, $8.70

23 6

13/8

די

#121

$1.70

$19

Cemente

351

Ropes

Miscellaneous

$20

Dairy Farru

Tructionerge

Do. (prof.)..

Industriala

#142 Cald, Macy. (Ord.)

Do. Prof.)S

Canton Ices

22/6

Sandakan Lights. $13

.:

Raubs, $7.00.

Dairy Farms. $25.70, $251. $25.85, Chesapeake & Ohio. 337

Chrysler Corpn....... $28.

514 Columbla Gas & El Columbia 6 "A" pt. 10 Commercial Credit... Commercial Solvents

33

Radio Corpn. of Am.

..61

E4

.511

Republic Steel

17

161

7A

703*

Reynold Tobac, "B" 38% Schenley

39

23+

22

357

34 : Schenley 54% pf.

81 *

BI "

73

77

Sears Roebuck

591

591

53

Ewo Cottons, Sh.$13, Sh.513.10.

Sh.$13.55.

Commonwealth & 8.

13

14

Shell Union Oll

143

148

Commonwealth & S.

Socony-Vacuum

144

14

Marsmans (HK), 4-

6% cum. pr......... 362

35%+

Southern Cal Edison

211

211

Hong Kong. 26th Feb., 1938.

$1.60

$181

Govt. 4% Loan, 6 Prem. CHANGES (3.15 p.m.) CLOSING

Consolidated Edison 21

21

Southern Paciac

17

161

...

Consolidated Oil

9.

9

Southern Rly (com)

104

101

34.95

QUOTATIONS).

BUYERS

Continental Can

424

414

Southern Rly "A"

174

163

Continental Oil

281

28

Standard Brands

71

.78

THE MERCANTILE BANK OF

326

Kowloon Wharves, S143.

Corn. Products

64

644

Stand Gas & Elec.

31

31

INDIA, LIMITED.

BT6 Ch. Etainmente.......

Constractions, (old)]:1

6.70

Lands, $363.

Curtiss Wright (C) 44

46

Stand Gas & Elec.

Unions, $540.

Cartiss Wright "A" 151

161

$7 pt.

སྐྱ

20

Head Office:-15. Gracechurch Street, London, E.C.3

Do..

(ADW)

*{

Lane Crawfords...

Ferries, 3844.

Delaware & Hudson 141

14

Standard Oil of N.J. 493

49)

Authoris "Capital..

Nanyang Tobacco...

81.90

SincaTOR

$2

36.90

37

26.90

Watsons

$5,80

$8,95

Q. Enterprises

pm. 1

Do.

72, Cu.0.5718260, Ed.. Gpa. H. B. Govt. 4% Loaas

Wallace Harper

Electrics, $60."

SELLERS Underwriters. $2.35/

Docks, $341.

SALES

Del. Lackawanna &

Sterling Products ...

59

591

Bubs Capital ..

Paid-up Capital

Western

7

62

Studebaker

Corpn.

51

51

Reserve Fund and Rest,

Deere Co.

224

221

Swift Internationai 241.

231

BANKERS:

Distillers Corpn. Sea-

Technicolo:

19

19

gramis

14

141

Texas Corpn.

101

301

.. BRANCHES:

$18

31%

H.K. Banks, $1600.

Douglas Aircraft

39

381

Texas Gulf Sulphur 31

31

Bangkok

Sp

Bombay

Kantan.

101

Du Pont

1162

1153

Fidewater Assoc. Oil 13

131

Calentia

Underwriters, $21.

$39

B.K Wing On

Eagle Picher Lead

101

101

Transamerica (new) 101

10

L'ologiba

Kandy

Karachi

540

Docks, $35/347.

Sha

Dio

243

Provident (Old), $31/3.45.

Electric Boat

82

07

'រ

Vibro Piling

Union Insurance, $535/40.

Elec. Bond & Share

7

7

do.

20th Cent. Fox. Films 221

Films pf...

21

Delhi Gaile

kcts thurs

Kanta Jipis

261

28

Tanglong Howard

Kuala Lumpur

17/8

Maramans [rv. (Lon.)]

J+

4/3

(EL.K.

cts, Wm. Powella

*Sales to Shangbai

THE EXCHANGE Elec. Bond & Share

Elec. Bond & Share

$5.pt.

N

Union Carbide &

473

47

Carton

74

721

Union Pacific

721

711

$6 pt.

51 A

51

United Aircraft

231

23

Elec Power & Light

LONDON EXCHANGE RATES

(British Wireless Service)

Elec. Power & Light

57 pl.

Filatkote

Parls

Geneva

Berlin

March 9 157-15/32

March 10 158-29/32

12.42

21.60 12.411

Athens

Milan

951

95)

Copenhagen

Stockholm

19.42

Shanghai

New York

5.01-3/16

Amsterdam

8.963

Vienna

Prague

1422

"5.01-3/16

8.901.

1421

[1/8.

Helsingfors

Idle.

Lisbon

Hong Kong

Bombay

Montreal

5.01

5.014

Brussels.

29.64

Yokohams

Belgrade ....

Monte Video

Gen. Railway Signal 2011 Glidden Co. Godchaux

MARKET

Bucharest

Rio

Silver (Forward)

Silver (8pot)

War Loan

ON LONDON:-..

211

19-13/16 201

31% 103.

Closing Quotations

March 11, 1438.

Telegraphic Transfer... Bank Bilis, on demand 1/24

'ON. SHANGHAI :--

ON NEW YORK:~~~

192

20-3/16

31 103

Bank Bills, on demand 31./16 Credits, 60 days' sight

ON BATAVIA:-

11-9/16

Bank Bills, on demand $75 Credits, 4 months' sight 1, 35

On demand

Credits, 4 months' sight 1/3

'ON PARIS:

On demand

104

ON SAIGON:-

ON SINGAPORE:--

On demand

On demand

53

ON, MANILA:-

ON JAPAN:-

. On demand

On demand

108)

ON BANGKOK

On demand

ON INDIA:-

Sovereign Noten. .

Telegraphic Traunfer...]

Bank, on demand

Bank 'Buying Rate.. BAR RIVER, per`oz

271-

1481

MARKET

MESSRS, ROZA BROS. Silver prices rose 1/16 yesterday for both iveries, the quotations belrig 2036 for Ready and 19 7/8 Forward. Sliver advices re- ported Bears to have covered to a small extent. The market was steady. American Silver was quoted at 44 3/4 for Spot.

for

Freeport Sulphur

Gen. America Trans 40 Gen. Cigar Gen. Electric Gen. Foods Gen. Motors

Bugar The London-New York cross-

Class "A".... 33. rate was quoted at 501.55. New

157 York-London was quoted at 501. | Goodrich (B.F.) ......

Goodrich $5 pl........ 48 + Goodyear Tire & Co. 21 Great Northern Rly. 201 Great Western Bugar 28 Greyhound Corp. 101 Hecker Products

STERLING

No business was reported. There were sellers at 1/3 March-June and 1/2 31/32 July, buyers at 173 1/32 Cash-June and 1/3 August.

U.S. DOLLARS

Sellers at 31 5/16 March-April and 31 1/4 May-June, buyers at 31 3/8 Cash-April and 31 5/18 May-Junès

SHANGHAI DOLLARS Sellers at 105 13/16, buyers prob- ably at 105 15/16 für Spot.

SHANGHAI MARKET

There were seilers of Sterling at 1/2-3/16, buyers at 1/2 7/32 for Spot. U.S. Dollars, sellers at 20 19/32, buyers at 21 32 for Spot.

IN THE AFTERNOON

The market was quiet in the afternoon.

STERLING

The market closed with sellers at 1/3 March-June and 1/2 31/32 July, buyers. at 1/3 1/32 Cash- June and 1/3 August.

U.S. DOLLARS ·

Sellers at 31 5/16 March-April and 31 1/4 May-June, buyers at 31 1/31/10 3/8 Cash-April and 31 5/16 May. 90-3/16 June

H.K. SHAREBROKERS' | HONG KONG MINES

ASSOCIATION

BUYERS

Underwriters, $21. Bteamboats, $113. Waterboats, $9.40. -Providents, (Old), $3.45.

HK. Docks, $341. Hotels,.. $8.95, Lands C.D., $364. Star Ferries, 84. China Lights (Old), $124. Electrics X.D.. $601. Telephones (New), $10.55. Canton Ices, $1.60.

SELLERS

HK. Docks 3351, Hotels, $7.10. Realties, $6,

SALES

Underwriters, $27. Providents (Old), $3.45-50. Cementa, $18.

OUTPUT

Board of Directors:—" ·

Sir Shouson Chow, Chairman

THE YOKOHAMA SPECIE BANK

Li Koon Chun. Esq., Li Lan Sanz, Faq Capital (fully paid up) »

P. K. Kwok, Esq. WongChaSon, Esq. Wong Yun Tong, Erg Kan Ying Po, Sno

Yen 100,000,000.00

Char Ching Shak Pung Ping Wah, Reserve Fund. Yen 135,900,000.00

Esq.

Faq

Head Office:-YOKOHAMA

I

Nielson & Co., Inc., managers for Hong Kong Mines, Ltd., roport 3,199 tons of ore treated for the month of February, from which, 399.97 dry short tons of lead con Amer centrates were produced, averaging Hai

Bombay

Belron 85.312 per cent Lead and 14.35 oz. Dalencia Melbourne. Bau Pan

KATKARĪ Canton Silver per ton.

Haiphong

New York auctio Hankow Deska *** Remaradg Honolulu

Kan Tong Ph_daq, Chief Manager, Là The Fong, Esq., Manager.

REICHSMARK QUOTATIONS ("Hong Kong Daily Press" Special)

Berlin, March 10. The Reichsmark was quoted, without guarantee, at:

New York, 40.40.--

Paris, 12.88.4

Amsterdam, 72.225.

London, 12.425.

Paris Sterling, 158.88 to 159.25, Parts UB. Dollar, 31.89 to -31,74, --(Transocean).

Kobe

BRANCHES AND AGENCIES AT: Alexandria Honolulu Bangoon" Bangkok Hainking Rio do

Karachi Kobe

Branches and Agencies - -

Kowloon Pansag

Bourabaya

London Bangdon

Awston

Batavia Berlin

Murlia

Bydary Timoku Tintele

Bombay

Calcutta

Токто

Canton

YADDOUT

Paris

Shangha Peiping Singapore

Yokoha

Dairen

Janeiro 800 London Franciscu" Los Angeles Seattle Manila Semarang Moji

Shanghai..

(Dalny) Nagasaki Singapura

Fengtien Nagoya Boerabaya.

Every description of Banking (Mukden) New York Sydney and Exchange business transacted. Hamburg Osaka Loans granted on approved Hankow Otaru securities.

Harbin Paris Hong Kong Peking

Current Accounts opened in Local Currency and Fixed Deposits re ceived for one year or shorter periods in Local and Foreign Gur rencies on terms which will be quoted on application.

Safe Deposit Boxes To Let. KAN TONG PO,

"Okiel Manager.

Interest

allowed

Teateiu

Tokyo Tsingtao

Current

Yinkow

on.

Deposite received for Fixed Periods st rates to be obtained on application.

Y. EANO.

Manager

Hong Kong, 10th March, 1938,

94

91

United Airlines Trans

77

United Corpn. ....

22

21

351

35

United Corpn $3

15

162

cum, pt.

281

281

26

281

United Gas. Corpn.

37

37

Manager

39%

Un.. Gas Iprovem't .10%

10

25 *

26.

Un." Light & power 24

2.

381

381

U.S. 'In'trial Alcohol 181

181

30

277

U.S. Rubber

30%

299

341

331

US. Rubber pf.

897

68

20

US. Smelting

70

691

191

197

US. Steel"

521

514

Vanadium

162

161

33+*

Warner Bros. Pict....

51

51

16

Westinghouse

Mec, 921

911

47 ⚫

201

Woodward Iron Cor. 154 Youngstown Sheet

15.

2,770,723.70

20

& Tube

36

357

Also up to date Safe Deposit Boxes in various sizes To Let. Hong Kong. 26th Feb., 1933.

is conducted by the HONG KONG & SHANGHAT BANKING COR- Rules may be ob-

PORATION.

tained on application.

For the Hova KONG & SHANGRA BANKING CORPORATION.

V. M. GRAYBURN,

Chief Manager.

£3,50-400x

$1,90% £1,064,000 €1,247,834

The Bank of England and Midland

Bank, Ltd.

Sendraw New York Penang

Kangoo Shangbal

So24 Singapore

Kaala Trenggal HONGKONG BRANCH. Brers description of Banking and Exchange

bürlies SeaTALIŠKEGAMI,

Traveller Chequer {squet, TRUSTEE AND EXECUTORSHIP

UNDERTAKEN.

CURRENT ACCOUNTS optard in Local Car rezer and FIXED DEPURTT8 received in Local Currency, STERLING & U, 8, DOLLARS un traum that may be ascertained on application.

D BENSON,

BANK OF EAST ASIA;

LIMITED.

THE CHASE BANK

13, QUEEN'S ROAD CENTRAL

HEAD OFFICE:

18, HANK STREET,

NEW YORK.

An America: Bank offering com- plete Foreign Banking Service in the principal Markets the world.

Interest Rates on Application.

ot

SAFE DEPOSIT BOXES This Bank is entirely owned by THE CUASZ NATIONAL BANK, NEW YORK, with Resources over U.S. $2,500,000,000.

D. M. BIGGAR,

Manager.

BANK OF CHINA

Specially Chartered by

THE NATIONAL GOVERNMENT OF CHINA AS AN INTERNATIONAL EXCHANGE

BANK

PAID-UP CAPITAL...$10,000,000.00 (BRANCHES ALL OVER CHINA) Owing to our numerous Branches En China and connections in the principal Commercial Centres of the World, we are able to extend to our Clients special facilities for Domestic and Foreign Banking and Exchange,

ť

Head Office: SHANGHAI

Hongkong Branch:

1. QUEEN'S ROAD, C. South China Offices:

KONGMOON TOISHAN

CANTON

SWATOW

SHICHOW KINGCHOW,

Wajan handle the issue of Bonde and other Public Funds of the Chinese Government both at Home

Authorised Capital $10,000,000.00 and Abroad

5,598,600.00 Paid-up Capital .......

Reserve and Undivided

Profite.....

Head Office:HONG KONG

"..

SHOU J, CHEN

Manager.

2811

B1*

101 01

301* Chase National B 301*

25. National City Bank 251* Call Money .....

1% ·1%

No. 10, Des Voeux Road. Central.

· LIMITED

+1 cx div.

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