(Established 1880)
Caprrat, (fully paid-up) Y100,000,000 Reserve FUND. Y138,400,000 technical position, due to the com-38 Bishopsgate, London, E.C. 2. parative small volume of Bourse com-London Branches. mitments and to the ever-increasing 117-122 Leadenhall Street, EC. 3. 14-16 Cockspur Street, S.W. 1. effects of the Government's policy of Manchester Branch: 71 Mosley Street. financial and economic recovery Shanghai Branch; i8 The Bund.
let prevailed on the foreign ex-chang market, with both the pound lor Siar haiphong Peipin o(Avencies, and Branches. sterling d the American dollar re-
Text read from the printed page and cleaned; old type leaves the occasional error.