1936-09-09 — Page 5

SWAN, CULBERTSON & FRITZ.

Investment Bankers and Brokers in Securities and Commodities. Dally New York Exchange Service Commodity Futures on the principal American markets. Members of New York Cotton Exchange.

Q

Chicago Board of Trads.

Winnipeg Grain Exchange.

Commodity Exchange, Inc., New York,

Canadian Commodity Exchange, Inc., Montreal, New York Coffee and Sugar Exchange.

THE HONGKONG. TELEGRAPH. WEDNESDAY, SEPTEMBER 9, 1936,

Be

su sure

Correspondents for

Hayden, Stone & Co., New York and Boston'

Telephone 30244.

J. E. Swan & Co., New York.

Cable Address: SWANSTOCK. Hongkong & Shanghai Bank Building,

Hongkong.

ZORIC DRYCLEANING

does away with that grubby and soiled appearance so often

noticed in

MEN AND WOMEN'S SUMMER WEAR

Send all your SILKS-ORGANDIES — SATINS CHIFFONS — PALM BEACHES MOHAIRS CABARDINES, ETC.

for

ZORIC

DRYCLEANING

to look

Fresh and Cool in spite of Summer Heat.

THE STEAM LAUNDRY

Kowloon Works:

Hongkong Depot:

Brian Donlevy, Glenda Farrell, Helen Wood und Norman Foster. us they appear in "High Tension," showing to-day at the King's Theatre,

NEW YORK STOCK EXCHANGE

MARKET IRREGULAR

YESTERDAY

New York, Sept. 8.

and some observers believe that it is too low. ledge-sales und profit-- eting were well absorbed. Outside interest is increasing, but heavy hedge has yet to come.

Wheat: The strength of the foreign consuming markets is becoming a fenture. Wet weather, and s- appointing threshing returns are res ported from the wheat-producing sections of Europe. Long-range sun- There has been a Swan. Culbertson & Fritz Dowtiment is bullish. Jones summary of yesterday's mar-visible decrease of supplies of 213,000 kel:-The Dow Jones Industrial bushels. Average is the highest since 1931.

Corni only

There have been further while the Railroad Average is the minutest fraction under the 1931 beneficial rains, which are adding the level. The outlook for steel is for in growing crop. The visible decrease i In supplies for the week is shown at creased business and higher prices.

231,000 bushels. Trading in all groups has been ex- tremely active for over a month, with many leading issues touching now high levels since 1929, being aided. by favourable business reports. The Bonds Market to-day was strong, While stocks on the Curb Exchange were also higher..

S. C. & P. New York office cable Stocks: Varlous issues were in strong demand as traders to-day resumed the bullish attitude which had characterised the market before the holiday. General Motors' sales to consumers for August amounted to 133,604 units, as against 127,340 units for August of last year. The Times busing index for the work is given, ns 102.8, os compared with the revised index of 103.8 for last work and 86.7 for the corresponding week of last to the value of $42.235.- 000,000 were shown on the board of The New York Stocks Exchange on September 1st.

year. Bonds CO.

Telephone 57032. Telephone 21279,

Rubber: The rubber, morltry has been, extremely quel. Stocks ότι England show an increase of 27 tons.

S. C. & F. Wall Street Journal morning comment:-"The rise in steel prices probably Indicates a fur- ther advance. Widespread over- subscription of the Treasury's new bond issue is almost certain. There has been very great publie

demand for prospective stocks. Trade news for the week has been highly con- structive. The Colgate-Palmolive- Pect Company has made substantial earnings chiring the last few months. Brokers expect American Telephones. to go substantially higher."

REUTER QUOTATIONS

Dow Jones Averages:

30 Industrial 20 Rails

Sept. 5. Sept, B. 167.00 160.55

55.6B

50.11

35.11

35.75

101.40 104.50

Collon: The Government cron es-20 Uulties timate of 11,121,000 bales was dras-40 Bonds tically lower than had been expected 11 Commodity Index unquoted €7.10

the name

FRIGIDAIRE

G

FRIGIDAIRE

AM

is on the refrigerator you buy

Sole Distributors:-

DODWELL & CO., LTD.

Alexandra Building. Hongkong.

QUEEN'S

HONGKONG

TO-DAY

AT THE

&

Telephone 28021.

ALHAMBRA

EXCLUSIVE OFFICIAL.

KOWLOON

"MOTION-PICTURES-OF-THE SENSATIONAL HEAVY-WEIGHT BOUT OF THE CENTURY !

MAX

SCHMELING

Former Heavy-Weight Champion of the World.

PLAN NOW FOR THE

REALIZATION

OF YOUR FINANCIAL INDEPENDENCE

P

HE realization of your plans for financial independence., for an income after retirement Depends very largely upon sound investments.

For this reason, and in your own interests...you should look into the investment opportunity which N.Z.P.F. offers you in its Affore- station plan.

SAFEGUARDED INVESTMENT In outline, this is the aforestation investment: For each £30 investment made, you become entitled to the proceeds of one undivided acre of commercially. valuable softwoods... fully planted and maintained by N.Z.P.F.

The estimated value of this acre is 2250 when, after approximately 12 years, the crop is marketed in the form of woodpulp or other products. Marketing will be carried out by N.Z. Forest Products Limited, the realization company in which you will have a share... this share having been converted from your original investment.

OVER 75,000 INVESTORS

In the past 12 years over 75,000 investors throughout the world (including many thousands in Hongkong) have placed their funds in safe-guarded N.Z.P.F. afforestation.

The forests planted for these investors have grown and flourished and some arc 'fast approaching the age when manufacture and marketing will begin.

You, too, can make sure, NOW, of the realization of your plans for financial independence by taking advantage of this investment oppor- tunity.

We shall be pleased to send you full detalls without any, obligation on your part. Simply write or telephone us.

The Largest N. Z. PERPETUAL FORESTS LTD.

Commercial

Afforestation

Company

in the World

The largest commercial afforestation company in the world.

SALES OFFICE,

YORK BUILDING,

.HONGKONG, Phone 24616.

Mest

JOE

LOUIS

The Brown Bomber from Detroit.

SEE THE SENSATIONAL K.O. OF JOE LOUIS

Loun

Count the TELEGRAPHS" everywhere

Page 5Page 6