1938-03-19 — Page 12

Daily Press 孖剌西報 All

N, C. & S. Banky...!

Insurances

New York/London Cross rate Now York Cotton-May." New York Rubber-May Chicago Wheat --May. Chicago Corn ---May, Winnipeg Whoat -May, Silvar Olicia!

1987

$275

Canton Insurances..

1273

3540

Union Insurance .....

$1.07

194.40 113.94 30 Industrial

#2)

Underwriters'

$2.10

$245

H.K. Fireg....

$34%

Shipping

567

113)

Douglasen

#13

Steambts

$13

331

Indo-Chinas (prof.)

321

Do. (dot.)

BSA

Shella .....

191

Waterbosta

$61

·14:3 ଝb- $01

STOCKS

Mining

Adams Express

recent

16/0

Kail

16/-

drep

7.99

Ilauo¬

$7.80

المدة

Venezuela Gold Mide.

$3,40

Alleghany Steel Co. 16 Allis Chalmers...... 461 Amer. Can

HONG KONG DAILY PRESS, SATURDAY, MARCH 19, 1938.

12

DAILY SHARE QUOTATIONS

Hong Kong Stock

Exchange

H.

Sharebrokers' Association

K. STOCK EXCHANGE

Hayes li

நிகர்கள் Noasia!

FRIDAY. MARCH 18.

Buyer

Bellart

Baldo leolu

$1,600) H.K. Bas

***

£87

E11

Po. (London) Chartered Banks

PRS £11

£29

Mercantile Bks. “A”

22

21

Du:

£14

Bank of East Asia...

180

NEW YORK STOCK EXCHANGE

(Through Reuter's Servica).

YESTERDAY'S

OFFICIAL QUOTATIONS

The market during the 'week has been overshadowed by outside In- fluences, and as mentioned in yes- terday's remarks, this has lead to

Prices some uneasiness,

have given way in some directions, but bat to any great extent. Steam- bents, however, have come pro- minently into favour, buyers offer-

chares ing $143 and

changing hands at $15. Douglas could be placed at $67. but no shares are 301available.

Manila quotations remain un- steady with a downward tendency. The Sterling market has im- proved, and H.K. Banks have re-

E1.10 of their gained

BUSINESS DONE DURING

New York: March 16

64.46 27.09 20 Raile 37.54 18.25 20 Utilition 106.89 87.61 93.44. 62.01

By

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION

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

Sterling

..£ 6,300,000

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

Proprietors

THE CHARTERED BANK OF INDIA AUSTRALIA AND CHINA Incorporated by Rugal Charter, 1858

HEAD OFFICE: LONDON: 38, Bishopsgate EC.2.

Paid-up Capital.... .820,000,000 | reserva Fund.....

Head Office:-HONG KONG

Board of Directora. T: E. Pearce, Esq.,

Chairman.

:

Reserve Liability of Pro- prietors

23.300.000 £3.000.000

£3.000.000

MANCHESTER BRANCH: 71, Mosley Street, Manchester.

AGENCIES AND BRANCHES: ALOR STAR ILOILO AMRITSAR PUB BANGEUR KARACHI

JAIGON

SEMAHANG

SEREMBANG

QUOTATIONS

Last High Low Close

8.98

Today's Close

4.967 8.91

Change 496-5/18 1/18 off 9.89

104 of

14.34 14.11 14 18*

14.13*

.06 all

86

871

7/8 of

59

DSI

31

1/8 op

118

117

119

119

unch.

844.

unch.

High Low Dow Jones Averages,

Mar. 18.

High Low Close

123.87

12450 191.00 123.03

15.11

25.43 14.49 24.54

18.37

18.6" 18.15

4 Bonds

97,61

Commodity Index 51.47

87.18 31.19

Change .54 of .57 off .1% off 43 of

A

.18 OB

Business Done:—640, share,

Hon. Mr. J. J. Paterapi,

Deputy Chairman. J. E. Bausfeld, Esq., A. H. Compton, Esq.,

Hou, M. 3. H. Dodwell, Hon. Mr. M. T. Johnson,

BATAVIA

Last Sale

STOCKS

Last Sale

Mar. 16 17

Mar. 18 17

9

T

87

Humble Oil

067 66

151

Int Nickel

47

471

451

Int. Tel, & Tel

7

71

J. R. Masson, Esq.,

G. Miskin, Esq.,

K. S. Morrison, Esq.,

A. L. Shields, Esq.,

Sir Vandeleur M. Grayburn,

Chief Manager.

BOMBAY CALCUTT CANTON CAWNPORE cou COLOMBO

DRACHT KAIPHONG

KLANG XUBE KUALA

་་་་HL

SINGAPORE

LUMPUR KUCHING MADRAS

SITIAWAN SOURABAYA

MANILA

MEDAN

TAIPING TIENTSIN

TUNGKAN

(Bhuket)

NEW YORK

861

85)

et Hongkong Mines...

THE WEEK

Amer. Cynamid "B" 221

221

Docks. Wharves,

Cudown, sie.

H.K. Bank, $1600, $1505, $1590,

$1585. $1580.

Amer. For. Power- 33

33

Amer. For. $7 pt. 191

191

$139

-$3.40

11.45]

$3.30

1.4/50

144

$341

$100

13

#7

il.K.'&K, Wharvey.

Providents (old)

$3.4

Do. (new) $115

1.K. W. Docken

Shangnai Docks S.

New Eaginteringe R. Lands, Hotels, and Bui dings

ANCH.. Hotels Bat

H.K Lands..................... Do.4% Dobentures Shanghai Landa.... Metropolitan Lands..

15.30 H. Realtigs... **

Hawphreys

White Fin 162, 199

:: ོ ་ ཞ ་

3.3 1/45/55

1 45/55/40

TIL

Cotton Millia

314

$73

17

57

$69

1231

Sim Colton.....$. Zoocg Sing......... Wing Un Textiles(S.)

Ewo Cotton Rts. 8.

Publis Utilities

Tramwayi va

Poak Trains (olf)...........)

Do (DOW)...

Star Ferries

Yaumati Ferries

812.60 China Lights (old).

19.30

Do. (new)...

R

HK Electrica...... Macao do.

Sandakan Lights ......

Telephonea (ald) ...

*3

ཨོཾཎྜར་ཧྲཱིཿa།༑་རྫོག།། ནྲྀཛྫིཀྐཊྚ

Providents

Union Insurance, $540, $535. Amer. Locomotive 181

$540. China Underwriters, $2.20, $21. Steamboats. $12, $13, $15. Wharves ex.dlv.. $1361, $139. $140. Docks, $341, $35, $341, $341." Pasidents (Old), $3.45, $31. $3.55, $3.60. 93.70, $3.55, $3.30 $3.45.

(New), $1.45. $1.50. $1.60, $1.55, $1.50, $1.40, 31.45 $1.50.

18

Int. Dept. Stores Kennecott Copper... Lambert Corpn........ Libbey-Owens- Ford

Glass

01

TRINOTAC

83

=

EAMBURG

351

101

311

Amer. Metals

32

32

Lockheed Aircraft

Amer. Radiator ......

12

11

Loew's Inc.

7 48

Amer. Rolling Mill

181

173

Lorillard

157

Amer, Smelting

+7

46

McKesson & Robbins

Amer. Sugar Ring... 275 Amer. Tel. & Tel..... 130 Amer. Tobacco "B" 66% Amer. Waterworks..... 8] Anaconda Copper ...

274

1283 001

$3.DL. Martin, Glen L..... 18

321

81

Monsanto Chemical 841 Montgomery Ward...

34

307

301

Nat. Bond Invest-

Atchison. T. & S. Fe. 31

30

ment

121*

Atlas Corpn. ...................

67

63

Nat. Cash Register 153

$14.30

Tramways. $15). $15.40, $15.45.

#15

6

#12.40)

Do.

ZA

59 40

5/59

$273 $10.55

22 6

Wm. Powells. 60 cts.

Hotels, $3.80.

Lands cum, div., $37.

Humphreys, $83, $9.20, $91. Rexities. $5.95, $5.90. $5.95.

$15 $15.40, $15. Star Ferries, $84.

Yaumati Ferries, $28.

China Lights (Old). $123, $12.65.

$12.80 $121. $12.

Electrics. $80,35. $60. $60. $59,

$585.

Telephones (Old), $275 $273. $28.

$271. $271.

Telephones (New), $10). Cements, $18.20. $18.15. $17.60.

$177. $17.70, $171. $17.10. Ropes, $4.95.

Dairy Farms, $23, $25.90. $25.80.

$252. $253

Watsons, $7.

Brooklyn-Manhattan

Canadian Pacific Celanese Corpn. Cerro de Pasco....... 39 38 Chesapeake Corpn.... 40 Chesapeake & Ohio 311 Chrysler Corpn. ...... 503 ai Columbia Gas & El..

Ewo Cottons, Sh.s131. Sh.$13.70, Columbia 6% "A" pl. 71

Auburn Motors......

4

31

Nat. Dairy Products "131

Baltimore & Ohio

61

61

Nat, Distillers

201

B'more & Ohio Pfd.

71

78

Nat. Power & Light 6)

է:

Barber & Co.

16

101

Nat. Supply Corpn. 191

Barnsdall on

14

131

New York Central 141

Bethlehem Steel.

55

551

Niagara Hudson P

Boeing Airplane Co. 181

271

Corpn.

71

Borden Co.

171

174

N. America Aviation

71

Borg-Warner

231.

23

North America Co. 171

Briggs M'facturing. 211 Brooklyn-Manhattan

214

Northern Pacific

g!

Trans

91

94

$6 cum. pf.......... 36 * Case. J.I.

25 *

81

6

51

$2.10

3/10

RATES

(British Wireless Service)

March 16.

Paris

Geneva

1803

Mar. 17.. 160)

21.63

21.631

Berlin

12.38

12.37

Athens

Milan

941

941

Copenhagen

Stockholm

Shanghai

New York

1/2-1/16 4.962.

1/2

Amsterdam

9.00

4.961 8,98

Vienna

Prague

1411

142-1/16

Helsingfors

Lisbon

Hong Kong

1/27

1/2-15/16

Bombay

Montreal

4.072

Brussels

29.524

4.081. 29.531

Yokohama

1/1-15/16

Belgrade

Monte Video

Bucharest

Rio

Silver (Forward)

20

$274

301

(10.60

Do.

(new)...

22:0

Tractions

501

፡፡

29/6

Do. (pref.)..

B

71*

industriali

3141

8h.$14.40.

$17/

Cald., Marg. (Ord.}S}

Marsmans HK. 4-

Lo. (Prel

$1,70

Canton Icas

CHANGES (3.15 p.m.) CLOSING

117.60)

Cementa

F1F

17.10/85

24.05

Rope

14.

QUOTATIONS

BUYERS

Commercial Credit... 334 71 Commercial Solvents Commonwealth & 8. 11 Commonwealth & 8.

321

1961

Miscellaneous

Dairy Farman...

$3.59 Ch. Etainments......

Constructions, (old):1.60

Lane Crawford...

Steamboats, $142.

CD

Trams, $15.

8% cum. pt.

........ 33+ Consolidated Edison 201 Consolidated 01 87

344

87

Ferries. $84).

Sandakan Lights, $144.

K'hai

+

Do.

Wallace Harper

H.K Wing On

Do.

Vibro Piling

17/8 Maremans Lov. (Lon.)

60 cta Wm. Powa!l

(H.K.)

*Sales to Shanghai

LONDON EXCHANGE

Da

$93

Nanyang Tobacco....

Sinceros

'$2.40

$7

Watsona

S. C. Enterprises

70%

C.G.6% 1926.3 Bd»,

8p.

H.K. Govt. 4% Loans

pm.

31

{Dew)

Cements, $174.

SALES

Steamboats, $15.

Providents (Old), $3.45.

Continental Can Continental Oil Corn. Products

411 41

28 273

€31

62

Curtiss Wright (C) 41 Cartiss Wright "A" 16 Delaware & Hudson 124

4

10%

Providents (New), $1.45-50,

Del. Lackawanna &

Trams. $15.

Ferries, $84.

Western

Bi

Deere Co.

224

22

11014

China Lights (Old $12.

Distillers Corpn. Bea-

**

grams.

127

4

121

$43

**

Douglas Aircraft

391

391

Du Pont

1151

115

Eagle Picher Lead - 10 Electric Boat

B

Elec. Bond & Share 61 61 Elec. Bond & Share

$5 pi...... Elec. Bond & Share

$8 pt....

483*

52

52

īབྷྱཿཙྪཱཨྰཿཀྰཎྞཱeཡགྷཊྨཡྻཝཊྛི ནཀྑུཾ ཨྰཿཛྙྰམཆཙ ྂ a༠

mutil

111

Radlo Corpn. of Am

Republic Steel

181

Reynold Tobac. "B" 371 Schenley

21

Schenley 51 pf.

78

Sears Roebuck

571

123

133

201 Southern Pacific

14

THE MERCANTILE BANK OF

Bouthern Rly (ccm) 01

INDIA, LIMITED.

Southern Rly. "A" 144 Standard Brands .... 71

Head Cmce:-15. Gracechurch Street,

London, E-C

Stand Gas & Elec.

Authorised Capital

£1,000,000

Stand Gas & Elec. 31

$7 pt.

Subscribed Capital

£1,800,000

Pri-ny Capital

£1,060,000

19

Reserve Fund and last,

£1,247,830

Standard Oll of N.J. 491 Sterling Products 58

51

Studebaker

Corpn. 51

231 Swift Internationa Technicolor

187

Texas Corpn.

401

*

Union

91 9 United Airlines Trans 71

Elec. Power & Light

$7 pl.

23

35+ 34

154

15

Corpn. $3 cum. pf.

201

281

263

381

381

25 *

25

381

377:

Un. Light & power -21 U.S. In'trial Alcohol 17

Gen. Foods

271

271

U.S. Rubber

301

Gen. Motors

331

331

U.S. Rubber pr.

767

Gen. Railway Signal 21 Glidden Co.

194

U.S. Smelting

67

18

178

U.S. Steel

509

Authorised Capital ....$10,000,000.00 Paid-up Capital 5,508,800,00

Reserve and Undivided

Godchaux Bogar

Vanadium

104

Class "A"

Warner Bros. Pict.... 5

Goodrich (B.F.)

151

151

Westinghouse Exec. 891

Goodrich 35 pf.

501

481*

Woodward Iron Cor. 144.

Goodyear Tire & Co. 201

201

Youngstown Sheet

Great Northern Rly. 181 Great Western Bugar 28 * Greyhound Corpn. 101 Hecker Products ...

176

& Tube

351 35

28 *

Chase National Bk. 301*

101

National City Bank 241*

Call Money

1%

P. K. Kwok, Esq. WongCha8on, Eaq.

1 ex. div.

• bid.

Wong YunTong, Esq. Kan Ying Pu. Es Esq.

*Eaq

141 14

Silver (Spot)

War Loan

201

20-1/16 20

31% 99

31% 1001

On demand

ON SINGAPORE:-

ON LONDON:-

Telegraphic Transfer... 11/8 Bank Bills, on demand

Credits, 4 months' sight 1/2-1/10

ON SHANGHAI:-

On demand

......... 1042

5213/16 ON MANILA:-

ON BATAVIA:-

13 16

On demand

55-5/18

ON PARIB:-

Bank Bills, on demand 080 Credits, 4 months' sight 1,55 ON SAIGON:-

On demand........................

971

On demand

OS JAPANE

011

ON BANGKOK :-

On demand

1051

On demand

1501

ON INDIA-

Sovereign Notes

Telegraphic Transfer... Bank, on demand

Bank Ruying Rata..... 1/3-

BAR SILVER, DEF OF

toj

Closing Quotations

March 18, 1985.

1 ON NEW YORK:-

Bank Bills, on demand 30% Credita, 80 days aight 311

Electrics, $58).

Cements, $17.10-50.

Dairy Farms, $251.

THE EXCHANGE

MARKET

ཟད་་ ་ མ་་་་་

MESSRS. ROZA BROS.

Elec. Power & Light

Silver prices rose yesterday to the extent of 1/8 for Ready and 1/16 for Forward, the quotations Flintkote being 20 1/2 and 20 1/16 respec- Freeport Bulphur tively. Silver advices

Gen. America Trams reported some bear covering. India and Gen. Cigar speculators were buyers. After the Gen. Electric official axing India again bought

at the axed rate. The market was steady. American Sliver was quot- ed at 44.3/4 for Spot.

The London-New York cross- rate was quoted at 498.81. .New York-London was quoted at 494. 5/16.

MARKET

Quietly steady.

STERLING There were sellers at 1/2 29/32 Cash and 1/2 7/8 March-May. possibly June, buyers at 1/2 15/16 Cash-May and 1/2 29/32 June,

U.S. DOLLARS

Sellers at 30 13/16 March and 30

3/4 April-May, buyers at 30 7/8 H.K. SHAREBROKERS' March-April and 30 13/16 June possibly May.

SHANGHAI DOLLARS

Nominal

SHANGHAI MARKET

Nominal.

IN THE AFTERNOON

market, was dull in the

The afternoon.

STERLING

The market closed with sellera at 1/2 29/32 Märch and 1/2 7/8 April-June, buyera at 1/2 15/16 Cash-May and 1/2 29/32 June.

U.S. DOLLARS

The market closed with sellers at 20 13/16 March and 30.3/4 April-May, buyers at 30 7/8 March-April and 30 13/16 May- June,

&

ASSOCIATION

BUYERS

Banks, $1475.

Steamboats, $147. Waterboats, $91.

Providenta (Old), $3.40.

Providenta (New); $1.40. Trams, $15.

China Lights (Old), $11.90: Canton Ices, $1.60. Cements. $17.20. " "Constructions, $180.

SELLERS, Providents (Old), $3.45, China Lights (Old), $12.10.

SALES

Steamboats, $14/141. Providenta (Old), $3.45.

REICHSMARK QUOTATIONS

Berlin, March 17. The Reichsmark was quoted. without guarantee, at:

New York, 40.14...

Paris, 12.98.

Amsterdam, 72.65 to 72.75. London, 12.378.

Paris Sterling, 180 to 160.50. Paris US. Dollar. 32.275 to

32.325

-(Transocean).

Providents (New); $11. China Lights (Old), $12, Electrics $581.

Cements, $174. $17.10. $17.35.

Profts....

2,776,720.78

Head Office:HONG KONG

No. 10, Des Voeux Road, Central.

Board of Directors":—

Bir Bbouson Chow, Chairınan

Li Koon Chan, Esq. Li Lan Sang, Esq,

Chan Ching Shek. Fung Ping Wah,

Kan Tong Fo, Esq., Chief MansQUE, Li Ts Fong, B., Manager.

Manis Bombay

Balgon Calcutta Melbourne Bus Fran- Canton

Freza

#

THE YOKOHAMA SPECIE BANK

LIMITED

Capital (fully paid up)

Yen 100,000,000,00 Reserve Fund...Yen 135,000,000.00 Head Ofice:-YOKOHAMA

BRANCHES AND AGENCIES AT: Alexandria Honolulu Rangoon Bangkok Hsinking Rio do

Karachi Janeiro

Kobe. London

• Вал

Franciacc

Branches and Agencies;—

Batavia

Amoy

"Atests

Kowloon Renang Bourabay LoadPo KADLOOD

Berlin

Hestow

Bydaey

Bombay

dison

Miphong New York SonLife

HOW {Hopplata

Kahe

Bemarang

Talhoku Tientada Tokyo VADCOUVER

Calcutta

Los Angeles Seattle

Canton Manila

Dairen

Moji

Pariz Paiping

Shangha

Yokohama

Bispora

Lodine securities.

Every description of Banking (Mukden) New York Sydney and Exchange business transseted. Hamburg

granted оп approved Hankow Current Accounts opened in Local Hong Kong Peking

Interest Currency and Fixed Deposita re- ceived fur. one year or shorter Accounts.

Nagoya

(Dalny) Nagasaki Singapore Fengtien

Semarang 'Shanghai

Boeraboye

Osaka

Tientsin

Harbin

Paris

Tokyo Tsingtao Yinkow

allowed

op Current

Deposita

received

for Fixed to be obtained

periods in Local and Foreign Cur |rencies terms which will be Periods of rates

quoted on application.

on application.

Safe Deposit Boxes To Let,

Y. KANO,

Manager

KAN TONG PO,

Chief Manager.

Hong Kong, 10th March, 1938.

བྷནཱ བྷཱུཏིགྒནཱ བྷིཀྑཏྟཊྛོ། །ཝཀྐནྡྷཙ5ཨྠ ceäནཱཡཝe, ཨྠ་ྲeཨྰཿཨྰཿཨྰཿསྐྰ་ྲཚན Faབྷོབྷོniཨྰཿཨྰཿཏྟཏྟཊྛཱནྟཾ བོ=ཙོ-སོ ནཱབྷོཨྰཿཀྰ་ཨྰ ཿཏྲྰཾབྷོངྐོ

Branches:- Ipoli Jahori

Kobe Kowloon Kuala -

Lumpur

London

Lyons

Malneca

Peiping

Pacific Gas & Elec 26 Pacific Lighting 35* Packard Motors ...... # Paramount Pictures 81 Paramount lat. pl. 7843 Pennsylvania R.R..... 13) Phillips Petroleum... 361 Public Service of N.J. 29" Pure Oll

Shell Union .01 Sogony-Vacuum Southern Cal Edison, 21

Texas Gulf Sulphur 31 Tidewater Assoc. Oil 13 Transamerica (new) 101

20th Cent. Fox. Fims 211

do. Fums pl. 28

Carbide

Carton

ww

Union Paclac ......... 70 United Aircraft ........ 231.

United Corpn. United

72$

United Gas Corpn. 31

Un. Cas 'provem't DI

321:

123" "

Amay Bangkok Batavia Bombay Calcutta

Canton

Chefoo

Colombo Dairen

Foochow Manila

Saigon

HONG KONO

(Peking) zusOANGA

PENANG

RANGOON

FOREIGN EXCHANGE and General Francisco Banking Business transacted, Shanghai

Haiphong Muar Swatow.

Hamburg Hankow

(Johore) Tientsin Mukden Tokyo Harbin New York Teingtao

Yokohama

Hongke Iloilo

Current Accounts

opened in

Local Currency and Fixed Deposits received for one year or shorter periods in Local and other Cur- rencies on terms which will be quoted on application.

Also up to date Safe Deposit Boxes in various sizes To Let. Hong Kong. 26th Feb., 1938.

HONG KONG SAVINGS BANK

The Business of the above Bank is conducted by the HONG KONG & SHANGHAI BANKING COR. PORATION. Rules may be ob- tained on application.

For the Hon KONO & SHANGHAI BANKING CORPORATION,

V. M. GRAYBURN,

Chief Manager.

Hong Kong. 28th Feb., 1938.

BANKERS:

The Bank of England and Midland Bank. Ltd. BRANCHES:

Bangkok

[parti

Bombay

KITC

Cilentia

Kanely

Colombo

Kerarhi

Dethi

Kota hero

Galle

Kuala Lipl

Tiongkoor

Kuvia Lúmgur

Howarh

Hadria New York Peamng Rangoon Shanghai Sizla

Slagspare

CORRENT ACCOUNTS opened and FIXED DEPOSITS received for One

Year or shorter periods at rates which will be quoted "on applica- tion.

The Bank's

ia London undertakes Executor and Trustee business, and claims re- covery of British Income Tax overpaid, on terms which may be ascertained at any of the Agencies and Branches.

R. W. ROBERTS,

Manager.

Kuala Trenigin HONGKONG BRANCH. Every descriplan af Banking and Exchange

business transacted,

Traveller Chequer lasued,

TRUSTEE ÅND" EXECUTORSHIP UNDERTAKEN. CURRENT ACCUENTE opened in Loral the reney and PIXED DEPOSITS roovived in Lonel Currency, STEALING & 1.9, POLLARƐ un terműo

Į that may be ascertained on applicatiou.

D. BENSON,

Maanger

BANK OF EÄST ASIA. LIMITED.

THE CHASE BANK

15, QUEEN'S ROAD CENTRAL

HEAD OFFICE:

18, PINE STREET,

NEW YORK..

An American Bank offering com- plete Foreign Baaking Service in the principal Markets of the world.

Interest Rates on Application,

SAFE DEPOSIT BOXES

Tais Bank is entirely owned by THE CHASS NATIONAL BANK, NEW YORK, with Resources ever U.S. $2,500,000,000.

D. M. BIGOAR,

Manager.

BANK OF CHINA Specially Chartered by THE NATIONAL GOVERNMENT OF CHINA AS AN INTERNATIONAL EXCHANGE

BANK

PAID UP CAPITAL...$40,000,000.00 (BRANCHES ALL OVER CHINA) Owing to our numerous Branches in 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.

Head Office: SHANGHAI

i

.

Hongkong Branch:

4. QUEEN'S ROAD, C

South China Officer:

CANTON

SWATOW

SHIUCHOW

KONGMOON

TOISHAN KINGCHOW

We also handle the issue of Ron-te and, other Public Funds of the Chinese Government both at Home and Abroad.

SHOU J. CHEN

Manager.

וויי

PSIPING

YOKOHAMA

BANKOW

Penang Rangoon

HARBIN

Ban

Singapore

Sourabaya

Sungei

Patani

Head

200

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