1938-04-21 — Page 12

$176

$850 $218

$595

33.20

1233

356

23/23

181

591

88/2

$9.00

PAGE 12 HONG KONG DAILY PRESS

DAILY

SHARE

QUOTATIONS

Hong Kong StockTM

you

게

Exchange

Sharebrokers' Association

Kominal WEDNESDAY,

$1,646

£9

#

#FF

£14

180

APRIL 20.

Banks

H.E. Banks

Do. (London) ... Chartered Banka ...

Mercantile Bks. “Ä'

Do

Bank of East Asia...

N. 0.&B Barks ... Insurances

Canton InsuranGGE... Union LowaraDOES ...

Underwriters

H.K. Fires-

.. Shipping

Douglatas **** Bobbesmeer Indo-Chinas (pref.)

Do. (dot.)

Shella - 344454**

Waterhoata

Mining

Bayore

Baller

†il saikn

| $1,440|

$2.13

1:!"

***** ****

£32)

H.K., Bank. 31545. ....72

YESTERDAY'S

OFFICIAL QUOTATIONS

The market was again dull,

BUYERS

New York: April 19.

ו'

New York/London Gross rate New York Coston-May. New York Hubber-May. Chicago Wheat --May Uhicago Corn

-May.

£19

Union Insurance. $520.

B18

China Underwriters, $2.15.

Winnipeg Whoat-May.

Silvar-Officis?

1938

214

H.K.K. Wharves, $132).

FINANCE

H. K. STOCK

NEW

YORK STOCK EXCHANGE

EXCHANGE

"(Through Benters Servion)

QUOTATIONS

High Low Class

Last Today's

Close

Chang

Authorised Capital

8.94 8.51 8.97

8.8%

15 off

12.55 122 12.78

-13,44

33.of

k

83)

84)

631

7/8. off

Besarve Funds: --

R

69+

189

1/3 of

Sterling

(LE" 6, 300,000.

THURSDAY, APRIL 21, 1938.

BANKS

HONG KONG AND SHANGHAI THE CHARTERED BANK OF INDIA

BANKING CORPORATION A

.250,000,000

Issued & Fully Paid-Up #20,000,000)

"AUSTRALIA AND CHINA

Baborparated by Ropah Charter. 1855

HEAD OFFICE: LONDON:

38. Bishopsgate E.C.1.

R$1

126 126

198

5/8 off

H.K. Currency Reserve $14,000,000 Reserve Liability of

Proprietors

•

0,000,000.

¡Paid-up Capital....

Reserve Fund

£3.000.000 AS-800.000

|Reserva Liability of Pro- priators

£3.000.000

High Low Dow Jones Averages April 18. High Low Close Unnage

Raube, $84

134.83

98.800 Industrials

H.K. Mines; 11 cts.

31.77 19.00 30 Balle

$370

H. & S.Hotels, $6.45.

3920 1414 10 Utilities

18.01

$620

HK. Lands, 3354.

6.70 83.39.40 Bonda

896

H.K. Lands 4% Debentures, 91001,

54.82 49.88 11 Commodity Index 30.54

tisse. 11818 118. 0.11634 2.65 of 31.60 21.09 11,31 11.34" 30 of 17.76 17.41 17.47 34 off

84.79 80.41

.17 of .43.o

Business Done;-570,000 shares.

$233

H.K. Tramways, $15.95.

Peak Trams, (Old), $7.

ВТОСКА

IN

180

23/23

70%

20/

80/3

Cements, $171.

$8.90.

Dairy Farma, $244. Watsons, 363.

18/0

Kailas

11/8

13

::

Ruben Paypal

Venezuels Gold Flis.

11 cta. 12 eta.11 otu.

■ ||

+

"Hongkong Mines...

*:*

$8.45

$354

Stoc

!!!

1

$11 388

$1.65

#31

Docka, Wharves,

H.K. & E. Wharven.

Providents. (uki}

Do. (new) Xr191.7 H.K. & W. Docks

(Ita.)' Do. Shangasi Docks S 140% New Engineerinas N.

Lands, Hotels, and)

Buildings

H.K. Hotels

Godowns, ets.

$133

$3.86 CD

CD 13.471

3914

1st

$11

$100

H

::,,:

19e

*5.20

19.10 Huupbreys

Chinese Estates.*****

Cotton All

Bywoo

COMUNOLEN..

www

H.K Lands......... Do. 4% Debentures Shanghai Lauda... $100

$5.40

·China Lights (Old), $11.8S.

$28

H.K. Electrics, $59).

Metropolitan anda.::

H.E. Rantie91 9029-***

(Prices below in Phil Currency)

$5,20

Antamoks Ps., .52

$9.10

Atoks, 24

ET

Baguio Gold, 211

Wallace Harpers, $10.

$95

14 Sandakan Ligiita...

:

Cementa

:

工业

$1,70

Cald., Macg. (Ord.)8)

Do. ProES

Canton Icon

site

Ropes................

CD

BILJU

S'hai Cottons.....S.

Zoong Sings.....

$70 $14

Wing On Textilne(8.) $35

Ewo Cotton Rita S

Pablle Utilitie

$16.95 $16.10 $16

Tramwaya $15.90 #16

$15.95

$7

Peak Trams (old)...

Da (now).

$36)

Star Ferries

134.90) Yaumati Ferries ...

$11.85

Chins Lights (old)... 311.80

11.90/80

$9

Do.

. (Dew)...

$14.65

$8,10

Do.

KER.

1594

$18

H.K. Electrios el Macao do

#591

824.90

Telephones (old)...

#282

$10.40

Do. (new) $10.40)

25/-

Tractions

99 €

25/-

Do. (pref.).

Luuustrial

31

Canadian Pacifc .... Celanese Corpn. 'Cerro de Pasco ..............

Chesapeake & Ohio 273

MESSRS. ROZA BROS.

$1.50

$17

#1

$2.20 Aiaceros *******

Watsons

3. C. Enterprisna

757Cu.G.5% 1925.Bd 6pm H.E. Govt. 42 Loans

Wallace Harper......

Miscellaneous

Dairy Farms

Ch. Etainments......

$341 $8.30

Constructiona, (old) $14

Do.

(DOW

ADI

Lane Crawford......

$91

Nanyang Tobacco...

$5

32.45

$61

9/16.

12/6 Marsmans Ir v. (Lon.)

Do.

$106 1102

$10

140

AK Wing Oo ...!

49

S'hal Do,

$39

#51

Vibro Piling

$5

3/10

--

170 ots. Wm. Powetia

(ILK)

70 cts.

:

1408

*Balss to Shanghai

LONDON EXCHANGE RATES

Prague "Helsingfors

Lisbon

Hong Kong

Nominal.

(British Wireless Servicn)

April 13

Paris Селета

158-1/8

21.65

Berlin

12.38(2)

April 19 158-7/32 21.69 12.404

Nominal

Athena

Milan

94%

951

Copenhagen

22.40

Stockholm

Shanghai

New York

4.971

Amsterdam

8.081

Vienna

1427

1a lid. 5.00-3/16 8.974

143-7/16

Gen. America Trans 354 Gen. Cigar

Gen. Electric ........ Gen. Foods

Bombay

Montreal

Brussels

1/8-1/16d. 5.00€

29.36

15. 6-1/32d 5.021 29.834

Yokohama

Belgrade

Monte Video

Bucharest

Rio

Silver (Forward);

Silver. (Spot)

War Loan

ON LONDON:-

On demand

ON SINGAPORE:-

On demand

*181

HK. Electrics, $59). Telephones (Old), $28.90.

Telephones (New), $10.40.

Wing On Textiles, $35. Constructions, $i). Marsmans (H.K.). 3/10

SELLERS

H.K. Mine, 12 cts: HK. Tramways, $18.10.

SALES Canton Insurance, $275. Union Insurance, $525. China Underwriterz, $2:20. EK Steamboats, $23/234. Frovidents (Old), $3.05.

HK. Mines, 11 cts.

H. K. Tramways, $16.

Benguet Consol., 9.50

Coco Grove, 45

Consolidated Mines, 011

Demonstrations," 331. I.X.L.. .70"

Paracale Gumaus, 18

San Mauricio, 47

Suyoc Consol, 17

United Paracales, 41 -

424

Adams Express ****** Alleghany Steel Co. 18) Alla Chalmers ......... Amer. Odn..... 871 Amer. Cynamid "B" 211 Amer. & For. Power Amer. & For $7 pf. 15* Amer. Locomotive... 17t

31

Amer. Metals....... 321

Amer. Radiator

123

Amer. Rolifag M... 18173 Amer. Smelting ......

407 Amer. Bugar Ring... 25) Amer. Tel. & Tel.... 128) Amer. Tobacco “9” 125 Amer. Waterworks.. Ansepnan Copper Atchison, & S. Fe. 201 Atlas Corp. ********* Auburn Motors ...... Baltimore & Ohio...

7+ B'more & Ohio Ptd.

T7 Barber & Co. ******* Barnsdail Oll .......... 14. 501 Bethlehem Steel ..... Boeing Airplane Co. 271 Borden Co........................ Borg-Warner

23

Briggs M'facturing. *194

Brooklyn-Manhattan8

Trans.

Brooklyn-Manhattan

$3 eum. pf.......... Case, J.1.

THE EXCHANGE Chesapeake Corpn... 35

MARKET

Chrysler Corpn.

Columbia Gas & E

Columbla % "A" pi, 60"

Commercial Credit... 33

Commercial Solvents

Commonwealth & S

The price for Ready Silver was unchanged yesterday but the For-Commonwealth-&-5.

ward rate rose 3/16..the quota- tions being 18 15/16 and 18 5/8 Silver advices re- respectively. ported some bear covering for for- ward delivery. India bought. The market

steady. American Silver was quoted at 42 3/4 for Spot.

was

The London-New York-cross- New rate was quoted at 500.12. York-London was quoted at 499.

70% Quiet.

MARKET

STERLING

There were sellers at 1/2 7/8 April and 1/2 27/32 May-June, possibly July, buyers at 1/2 29/32 Cash-April and 1/2 7/8 May-June. U.S. DOLLARS

- Sellers at 30 15/16 April-May and 30 7/8 June, buyers at 31 April-May and 30 15/18 June

SHANGHA DOLLARS

SHANGHAI MARKET

“STEERING AMONG

SHOALS"

Sir T. Inskip's Appeal

Sir Thomas Inskip, Minister for Defence, Co-ordination of the appealed recently to "those quar! fters in which responsibility does not repose" not to distract the Premier and the Foreign Secre- tary by advice and criticism' in their "difficult and anxious task."

Speaking at the Machine Tool Traders' Association dinner at the Savoy Hotel, he said:

very

6%-cum. pt. ..................... 314 Consolidated, Edison 201

Consolidated. Oll "Continental Can

Continental Ou...... Corn. Products Curtiss Wright (C.) = 4 Cartiss Wright. "A" 17 Delaware & Hudson Del. Lackawanna & Western............ Deare Co................................ Distillers Corpın. Bea-

grams Douglas Aircraft..... Du Pont...... 1061031 Engle Picher Lead 101 Electric Boat Elec. Bond & Share Elec, Bond & Share

$5 pl....... Elec. Bond & Share

48 pi... Elec. Power & Light Elec. Power & Light

57 pf.

Flintkote

Freeport Sulphur

Gen. Motors ........

Gen. Rallway Signal 19) Glidden Co. Godchaux

Class "A" Goodrich (B.F.) Goodrich $5 pt. Goodyear Tire & Co. 20 Great Northern RIF. 15 Great Western Sugar 27

Corpyn 91 Greyhound

01 Hecker Products ...

REVENUE DOWN

"Mr. Chamberlain and Viscount Halifax are navigating a narrow and dangerous channel. They fine that the charts are out.

London, April 19. of date, the shoals have shifted, the guiding lights are out and they

Exchequer returns show that have to rely, under Providence, on total ordinary revenue to date their own courage, on the instinct amounts to £28,506,501, compared begotten of long experience and on with 3,179,850 at a correspond- their readiness to run risks to ing date-in 1937.(British bring the ship into port.

Wireless) --, ON NEW YORK ----

Dr Leslie Burgin, Minister 201 Bank Billa, on demand 2011/16 Transport, said that when mac- Credits, 60 days' sight 31-3/16hine-tools had to be imported to

18+ -- 1031...

Closing Quotations

Telegraphic Transfer

Bank Bills, on demand"

Credits: 4 months' aight 1/3

ON SHANGHAI-~~

181'. 18-15/16 31% 103-3/16.

Bank Bills, on demand 9651 Credits, 4 months' sight 1,040,

April 1933.

ON BATAVIA

On demand ON PARIS:-.

108

ON SAIGON:---

On demand

201

ON MANILA:—

On demand

7018

ON BANGKOK'?—

"On demand

150)

Sovereign Notes

Bank Buying. Raté...

[RAR BUYER, DEP OK

ON JAPAN :-

(On demand quidem 1058-

ON INDIA:—

Telegraphic Transier.. Bank, on demand

1/915/18 18 15/10

speed-up the arms programme manufacturers here turned a blind eye.. Now the percentage of im ports had diminished.prak

Vice-Adml. Bir Harold Brown, Director-General of Munitions Pre- duction, said that of the total volume of orders for which he had been responsible in the last 18 months, amounting to about £1, 600,000 worth of machine tools, less than 25 per cent had been placed abroad.

REICHSMARK QUOTATIONS Berlin; April 10,

quoted. The Reichpark was without guarantee, at:

New York, 40.365,

Paris, 1277.

Amsterdam, 72.28 to 7232 London, 12.4075)

Kühnecott Copper 36+ 337 Lambert Corp....... 11 Libbey-Owens- Ford

Class ........PAMENGELL 201 201

Lockheed Aircraft Loew's Inc. Lorillard

McKesson & Robbins

$3 ....

BRITAIN SELLING MORE COAL

Exports Continue To Show Upward Trend

PHILIPPINE

MINING NEWS

Reserve Fund.

DULONG MINING Company has BRANCELS AND AUKNCIES AT: just completed the organization Alexandria Honolulu Rangoon [of the branch office at Matura- Bangkok Hainking Rio do

Batavia Karachi tuya, Santa Cruz Marinduque.

Kobe The head of the organization is Berlin London, April 19. Ernesto Lazatin, president-Man-Bombay The value of British coal exportsager, with Engineer: William Von Canton in the fat quarter of 1938 was Ebee, directing mine operation. Dairen

£8,851,784. compared with £7, The company has finished the

(Dalny) 482,290 In the same quarter of the installation of a compressor.

Fengtion previous year and £6632,390 in Construction of a road from the Mukden) New York Bydney 1936 Tonnage, however, was aligh camp to the national road is now Hamburg Osaka Tientsin. tly less at 8,550,100, and under study.

Italy took 670,553 tons, against 322,037 year ago. There was also

London

Calcutta

· Los Angeles Seattle

Manila.

Janeiro Ban

Francisco

Semarang

Moji

Shanghai

Singapore

«Воставата

Hankowe 40tara

Tokyo

MINERAL RESOURCES. treated 2,088 tons of ore in March

Inc. Harbin Paris

Tsingtao

Hong Kong Peking

Yiakow

Laterest allowed on.

Current

Accounta

for Deposita, received

Fixed

an increase, in exports to Germany from which P16,002,31 was produ- from 698.299 tonsin, 1937 to 875, ced, according to a statement 876 tons. Exports to Spain showed released by the office of the firm Periods at Tates to be obtained recovery compared with the cor- yesterday. The company reported on application...

of the that the month's operation War responding quarter. two preceeding years (British part time Wireless). -(Transocean!

Paris Sterling, 168.20 to 188:30. Paris US Dollar, 31.62 to 31.64.

of water short

KANO,

Hong Kong, 10th Maroh, 10SBU

Last Bale

April 18 19

**

81

STOCKS

Buznbis Oll

Last Sale

April 18 19

607.

662

181

1

30

71

31*

B....

187

224

784

合康

154"

354

95

451

72

工筆

93

402

231

62)

51

201

139*

417

8

61

41 *

481*

w

8

29

161

261

24

35

201

20

ནྲྀ ཿཙྪིམྦཨོནྲྀཏྟགྲོཨྰཿཏྟཱཥྚཱཊྛཡྻཛནནཱཎཾཝནཱབྷནྡྷནཱནཱཀྐཱ, ཙ ྂeetaivཨོཾage ཊྛཊྛཱཝཡྻབྷཱཙིཏྟཱ ཨཊྛཱ ནཱབྷཱte ཱ ཝ ཨྰཿདྷཧཱུཾཿཨྰཿབྷུཚནཱ

Int. Nickel

481

47

J. R. Mason, Esq.,

int. Tel. & Tel...... Int. Dept. Btores

改善

8

G. Miskin, Esq.,

9

81

K. S. Morrison

Esq.,

A. L. Shields, aq

11

Sir Vandeleur M. Grayburn,

Chief Manager. | HAIPHONG-

81

417

401

Amoy

Branches: Ipah

Panning

161

16

Bangkok Johore

Rangoon

Batavia Robe

Bombay

Kowloon

Saigon Ba

301

331+

Martin, Glen L. .... Morganto Chemical, 13

331 Montgomery Ward.... Nat. Band Invest-

ment......NAMA 120* Nat. Cash Register 18 Nat. Dairy Products 132 Nat. Distillers .......... Nat. Power & Light

-21 201

TI 324

(Calcutta Canton Chefoo

Kuala

Lumpur Bhinghai

London

Colombe

Lycos

Dairen

Malacca

Bungei

121*

Foochow

Manila

Patani

18

Haiphong Muar

Swatow,

13A

Hamburg (Johore)" Tientsin

Hankor

Mukden Tokyo

201 87

201..

Harbin

Hongkow Peiping

18 *

Nat. Supply Corpn. 19

18

Iloilo

"

New York Central Niagara Hudson P

Carpa.

121

121

61

'

N. America Aviation 8

Current Accounts opened in Local Currency and Fixed Deposits | received for one year or shorter

Head Ofoe:-HONG KONG.

Chairman.

Board of Directors. T. E. Pearce, Es

Hon. Mr. J. J. Paterson,

Deputy ChairmEN,

J. E. Bousßeld, Esq., A. H. Compton, Esq.,.

Hoa. Mr. 6. H. Dodwell, Hon. Mr. M. T. Johnson,

MANCHESTER BRANCH: 71, Mosley Street, Manchester.

AGENCIES. AND BRANCHES; HALOS STÅR AMEITSAR

BANGIOX BATAVIA

BOMBAY

GONG TONG

ILOILO

IPON KABAORI

KLANG кова

KUALA

LUMPUX

KUCHING

PRIPING

BOURASAYA TAIPING

TIENTS IN

(Bhuket) TSINGTAO

TOKOHAMA

(Peking) ZAMBOANGA

PENANG

RANGOON

FOREIGN EXCHANGn and Genera) Francisco Banking Business transacted.

CuRaker Accounts opened and FIXED DEPOSIT received for Cus Singapore

Year or shorter periods at rates Sourabaya

which will be quoted on applica=" ition.

New York Tsingtao

Yokohama

The Bank's Head · Office in London undertakes Executor and Trustee business, and claima re- Income Tax covery of British overpaid, on terms, which may be jascertained at any of the Agencies

sad Branches.

R. W. ROBERTS,

Manager.

CALCUTTA CANTUN GAWNPORS

SAIGON

ELKEMBANG

SHANGHAI

SINGAPOND

SITIAWAN

BU

MADRAS

COLOMBO

MANILA

TONGKAR

DIL.RIA.

MEDAN

NEW YORK

HAMBURG

πάντοτ

BARNIN

North America Co. 17

101

periods in Local and other Cur-

Northern Pacine

87

71

Pacific Gas & Elec 25

25

rencies on terms which will be quoted on application.

Pacific Lighting

387

3541

Also

Packard Motors

41

4+

Boxes in various sizes To Let.

14

Paramount Pictures B

8

Hong Kong. 26th Feb., 1938.

Paramount 1st. pr. 82 Fennsylvania, R.R....

82)

183

16

141

Phillipe Pétroleum 36

Public Service of N.J. 25

35 -271

Pure O........

11

101

Radio Corpn. of Am.

B

8

Republic Stcel

148

141

Reynold Tobac. "B" 39

.381

Schenley

19

19

Schenley 51% pt.

75

73 *

Sears Roebuck

801

588

Shell Union Oil

145

143

Socony-Vacuum

141

14

Southern Cal Edison 22

21 1

Southern Pacific... 111

111

Southern Rly, (com) 7.

-73

Southern Rly "K"

11

101

+

Standard Brands 8

73

Stand Gas & Elec.

34

31

BANK OF EAST ASIA, LIMITED.

Stand Gas & Elec.

171

$7 pl.......... 174.

17

- §----

Standard "Oll of N.3.49 47+

Sterling Products

59

Studebaker Corpn. 54

371 51

Swift Internationa: 241

24+

Technicolor 18

17

Texas Corpa *****

401

39

Texas Gulf Sulphur 302

307

Tidewater Assoc. Oil 13 Transamerica (new) 101

13

10%

20th Cent, Fox Films 21

+214

do. Films pt..

28

281

Union Carbide &

421

Carton

67

Esq

Union Paciác ..........

63

611

United Aircraft........

251

25

Kan Tong Fo. Esq., Chief Manizer

United Airlines Trans

71

La Tse Fong, Esq., Manager. 720

United Corpa

21

21

Branches and Agencies :-

28

United Corpn.

$3

Amoy

cum. pt.

271

242

Hataria

Fiombay

United Clas Córph. =31]

33

Jalostia

Un. Gea Tprovem't 10

rantun

phong

Un. Light & power - 24

21

OW

DA. Intrial Alcohol 17

Honolulu

Paris

171

Koha

Peiping

Balgon

BRILOR Bydary

Ben Fran

Taboko

alace · Tientsin ''

Bastla

Tobre

BETARE

VADOUTET

Shanghai

Tokobara

Bingtpers

261

201 US. Rubber,......

331 324. U.S. Rubber:pf.".... 68

281 86

÷U,B. Amelting 57-58 *

UB Steel 473

Securities.

Bugar

Vanadium: 104

157

Warner Bros. Pict..

1-53

141 474

144

47

Westinghouse Elec. 7781 Woodward Iron Gor:15

73

141

194Youngstown Sheet

143 Tube 33₤

32+

261

of

Chase National Ek. 361:29}* National City Bank: 2411 Call Moniky A

24.

1%

t er. dlv.

THE CHASE BANK

up to date: Safe Deposit 15, QUEEN'S ROAD CENTRAL

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 HONG KONG & SHANGHAI BANKING CORPORATION.

V. M. GRAYBURN,

Chiep Manager. Hong Kong, 28th Feb. 1938.

Authorised Capital.810,000,000.00 Paid-up Capital... Reserve and Undivided

Profite

5,598,600,00

2,770,720.75

Head Office:HONG KONG

Ni 10, Des Voeux Road, Central

Board of Directors :-

Sir Bhouson Chow, Chairman

HEAD OFFICE:

18, PINE STREET,

NEW YORK.

An American Bank offering com pleto Foreign Banking Service in the principal Markets of the world.

Interest Rates on Application.

SAFE DEPOSIT BOXES

This Bank is entirely owned by THE CHASE NATIONAL BANK. NEW YORK, with Resources' over U.S.. #,500,000,000,

D. ML BIGGAR,

Manager.

BANK OF CHINA

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

PAID-UP CAPITAL...840,000,000.00 (BRANCHES ALL OVER CHINA)

BANK

Owing to our numerous Branches in China and connections in the- Li Koon Chun, Esq. Li Lanang, keq principal Commercial Centres of PE Krok Eng on Ying Po. Esq the World, we are able to extend "

WongChuson, Esq. Wong Yan Tong, Esq.

Chan Ching Shek. Fung Ping Wah, to our Clients special facilities for Domestic and Foreign Banking and Exchange.

*Kowlsen Falang Bourabaya

London

Martia Melbourne

Jagveski

Kew York

Qua

Hassoon

Every description of Banking

Head Office: SHANGHAI

Hongkong Branch:

4, QUEEN'S ROAD,- C. South China Officer:

KONGMOON

CANTON

WATOW

TOISHAN

KINGCHOW

We also handle the issue of Bonds

and Exchange business transacted. and other Public Funds of the Loans 461

approved Chinese Government.both at Home.

granted on

Current Accounts opened in Local and Abroad., Currency and Fixed Deposits re ceived for one year or shorter periods in Local and Foreign "Cur-

renoies on

terms which will bel quoted-on application.

Safe Deposit Boxes To Let. EAN TONG PO,

Ohief Manager.

THE YOKOHAMA SPECIE BANK

LIMITED

Ospital (fully paid up)

Yen 100,000,000.00 Yen 135,000,000.00

Head Office:--YOKOHAMA

SHIUCHOW

SHOU J. CHEN.

Manager.