THE
TUESDAY, APRIL 19, 1932.
HONG KONG STOCK EXCHANGE
Opening Daily Official Quotations, April 19, 1932. NEXT SETTLEMENT DAY, TUESDAY, APRIL 26, 1938.
Buy-Sell
村
Sales Nom, Fin
Jear
Last dividend and when paid
and adding the former aum to our Insurance. inner reserves, we have made all the canton Is....
necessary provision. Of our in- Union Ins
vestments I may mention that a large number are of a short-dated
within character, maturing
tha next five years and that, while we H. K. Fire In....... have written down the whole of our International Assoc. Th. investments to market prices ruling
reserves are
mude on February 29 discloses that] Douglases ...............$ 25. nearly all the depreciation for which H. K. Steamboats...$ we have provided has been recover- Indo-China (Bref.) ...$ ed, and our inner
(Def.) ...$ strengthened accordingly (Hear. Shells Bester.}. hear.) (In passing I may say that Union Waterboat ...S on a valuation made to-day the de- preciation has all been recovered, or
Mining. The very nearly 30.)
balance
Benguet ........... ||144 sheet reflects a contraction in our Kailan Mining Ad, s/- business all round, due chiefly to a Langkau (Single)... Tb.
decline in the volume of trade
compared with the previous year and the fall in prices.
S'bai Exploration...Tls. Loans.......The.
The figures Raub .......................|
under the heading "Current Fixed Venezuela Gold Fields $ Deposit and other Accounts, etc."
Docks, WharYES,
Godowns, &c.
the high rates of interest at which H. K. a X. Wharves..$ 145 Treasury Bills were issued In India H. K. W. Docks...S and in this market.
making 40 for last.
h
Feb, 29; 31
The China Mail
Published every evening except Duralay, Annual subscription, ex- jebading postage abroad, .., (payable in advanco. Local de
Dvery free.
Overland China Mail.
The weakly edition of the "China Mail," published
every Friday. Ain subscription, H.K. $18 - riding postage 319, payable in
svince.
Published by
The Newspaper Enterprise, Ltd. Printers & Publishers. [N», JA, WYNDHAM STREET,
FONG KONG.
TELEPHONES Business Office: 20022. Editorial Department: 24641. fabin Address:-Mail, Hong Kong.
All communications should be dred to the Newspaper En- Imprime, Ltd., to whom all remit- (then should be made payable.
fation Offices:-82 H. Bywaters * Ltd., 7, Garrick Street, Linn, W.C.2.
'Phone 20022
FOR
CLASSIFIED ADVERTISING
=
Twenty-five Words three inser
fous prepaid $1.50. Every addi- tional word five cents for thres thxertions.
All replies ander this hending must be called for.
LOST.
LOST. During 1st fortnight in March, one Beige Fox Fur: Finder rewarded. Phore 20018 or inform Box No. 724, c/o "China Mail:"
FOR SALE
FOR SALE Hong Kong Directory how on sale at the offices of the Publishers, 3A, Wyndham Street.
}
NEW
ADVERTISEMENTS.
THE CHINA LIGHT & POWER
CO. (1918), LTD,
TOTICE IS HEREBY GIVEN Nthat on THURSDAY, 21st in- stant the SUPPLY OF ELECTRIC ITY will be DISCONTINUED from LAI CHI KOK, SHEK LAI PUI and part of CHEUNG-SHA-WAN between the hours of 9 am and 5 p.m. for-pecessary work on high- tension mains, weather permitting
PUBLIC AUCTION.
SPORTS NOTICES.
THE HONG KONG JOCKEY
TH
CLUB.
THE FOURTH EXTRA RACE MEETING will be held
CHINA MAIL.
EXCHANGES.
TO-DAY'S QUOTATIONS.
--THE-MERCANTILE
BANK OF INDIA.
(Continued from age 7-)
On LondonTMt
Bank, Wire Bank, on demand...
(weather permitting) at Happy Valley on SATURDAY, 23rd 1932, commencing at 1.45 p.m.
The first bell will be rung at Credits, 4 1.16 p.m.
MEMBERS' ENCLOSURE. Members are notified that they and their Ladies must wear their Badges prominently displayed.
On demand.. No one without a badge will be Credits, admitted to the Members! Enclo|
sight Badges admitting Non- Members to the Members' Enclo- On Berlin- sure and Club Rooms at $5.00 for On demand Gentlemen and $3.00 for Ladies
On New York
sure,
HE Undersigned have received Instructions to sell by Public (both including Tax) are obtain-On demand... Auction,
ΟΝ FRIDAY, April 22, 1932, commencing at 2.30 p.m.,
at their Sales Room,
4, Duddell Street.
A Quantity of VALUABLE HOUSEHOLD
Comprising
FURNITURE
Teak Hatstands, Chesterfield Couches and Armchairs, Curio Cabinets, Bookcases, Desk, Tables, Pictures, Tientsin Carpets, Rugs, Curtains, Linens, etc., etc.
Badges admitting to Members' On demand Enclosure will NOT be on sale at the Race Course.
1/2 1/22 Bank, 4 months' sight 1/2%
monthe" sight
1/3% Documentary, 4
months sight...
On Paris
1/3%
580
14 months'
in times like the present, we have| made ample provision and, indeed, hope it may prove we have provid- ed too much. It was, however, im- possible to provide for all these con- Hong Kong Bank ....$ 1840 tingencies out of the profits for the
(Lan, Reg.) year, but fortunately we had sub-Chartered Bank
Mercantile Bk., AKB. £ stantial inner réserves and by trans-
C. £ ferring £150,000 from the Reserve Bank of Asia.......! Fund (leaving this still at £1,950,-" Anter, O. Fin. Corp.M$ 000, equal to the paid-up capital)
STOCK
Banka.
103)
111
... 18
40
10
***
140
G35
Νοπί
able through the SECRETARY Credits, 60 days' sight 24% upon Introduction by a Member, such Member to be responsible for On Bombay- payment of all chits, &c.
Wire
227%
:ུ::རྩྭ རྩ
1280
.. 1400
... 1470
Doc,
China Underwriters...3
China Fire In.......$
Deo. Sono
Dec:
Dhep
Dec.
44
L
404
802
on December. 31 last, a valuation
Shipping.
80%
On Calcutta-
804
**
801/2
+
On Singapore demand
AND
+191
Deo.
༄ ༅ ་。་ ིི ཙྪིཊྛིཾ, :aa ིིནྡྲ
Dac,
Dea. The 7- Hub, to IfTax ajo 1981 | Apr.—, 39
Dea. tut.7% / 181 l IT Sep. 6, 3! Mar. 2,98
Pee, 15 for all Dec.
нии
| Fla. #12 bon. $10 for 1959 -
Dec.isterim May 17, 1
Fincl 19 for 109****
1intarien 24/- no 1930)
(Vital Vertjesa DM)
and 810 fur fugu",
Interly 83 2/8 193;
1980 azot tanu
wanklag $35 for 1930er
May 99, 91
May 20, 1
Mar. 80,91
Doc.
115.
Dec.
+TI
Deo. Inat dirlitend far 1984
drden! for L 11. ex. #1 on preferred) Juna 19, X
for 1924 al 1925 G Last divided for 192eme
La
זיר
52%
...38/9 Dec. (Minst 1h Coupon No. 68 July 6, 91
frTx al 1930 ——) Bucers for 193
On
On Manila- demand
4534
On Shanghai
T74
834% dis.
(Bank's
68%
1/32 16 11/16
Mar. 10, 88
L
Deo. Flat Int. 25 centaron age 1938 23/9 Jun 11 free Iffex Open
1 for yese 30-4-01 Oct: T. 0.50 for year 3110
Mar, 53, 99 Dea,-81
d
May 8, 20
2.10
Dos. Nont
-
12
Dea. Final T. 0.45
making 'T. 0,647
fur 19
Feb. 6. 81
198
Mar. 3rd In1, i-fc year 21-3-99
Mar, 15, 21
#
Dec.
show a reduction of £2,759,000, the principal explanation of this being
Hong
Nom. Nom.
1% prem.
In-
ர
32% p.a. Chinese Sub. Cofn
deposits. .. 29% dia. Hong Kong Sub. Cold Par.
210411
܊ ܃ ܃ ܃ ܃ ܃ ܃ ܃ ܃
said,
conts on newƑ
Dec. Interten T.3aft 1931
Dee. T. 6th for 1931
e8Apr.Ts for year 21-4-91
Dec.
9 for 1971
ano
Mar. 10, B2
191
Deo. East Wirldend far 1920-umINTE
M
10
b3
Dec.
14.80
**
El
Dea. 10 cants in old for 1831 ....
Mar. 9, 23
220
Oct. 9, $1
18
Mar 8, 59
July 29, 81
Wire On no pretext will children bel permitted in either Enclosure dar On demand ing the Meeting.
Tiffs are obtainable at the On Club House provided they are ordered from the No. 1 Boy in ad- vance. Telephone 21920.
PUBLIC ENCLOSURE, The Price of Admission to the On demand Public Enclosure is $2.00 in- Dollar cluding Tax, for all persons, includ- Teaking ladies, and is payable at the
Gate.
Teak Extension Dining Tables, Dining Chairs, Teak Wardrobes with Bevelled Mirror Door, Teak Sideboards with Mirror, Dressing Tables, Chest of Draw- ers, Glass Cabinets, etc., etc.
· Teak and Brass. Bedsteads, Gramophones and Records, Enamel Bath, Porcelain Basin, Overmantle, Brass Fender, Cabin Trunks, Screens, Table Lampa, Vases, Ice Chests, Books, Baby Cots, Gas and Cooking Stoves, Portable Type- writer, Crockery, Electric Table Fans, Cushions, Leather Hat Box, etc., etc.
and
A Quantity of BLACKWOOD FURNITURE including:
Joss Tables, Opium Stools, Jar- dinieres, Desks, Tables, etc., etc.
Also
3 Cottage Planos by "Robinson and Collard & Collard." Term":-Cash on Delivery.
On View from Thursday, April
Cataloguee will be issued.
LAMMERT BROS.,
Auctioneers. Hong Kong, April 19, 1932,
FOR SALE MOTOR YACHT with 21, 1932. AUXILIARY SAIL. Length 46' 6" Beam 11' 6" Speed 7 knots. Very rellable and economical Engine.i Cabin sleeps four. Ideal for Large Bathing Party. All Teak Hull. Com plate Inventory. All in First Class: Order.
Apply Box "China Mail,"
No. 723, c/o
"COASTWISE."-An interesting book
of cartoons depicting "Happenings" on the China Coast. Price $1, on sale
at the “China Mail" offices, RA, Wynd- i ham Street.
AN INTRODUCTORY HISTORY for schools by A. H. Grook, W. Kay and i WL. Handyside. Price $1, on sale
at the publishers, Newspaper Enter- prise, Ltd., SA, Wyndham Street.
On Yokohama.--- On demand Soldiers and Sailors in uniform Sovereigns are admitted Half Price,
buying rate) Bookmakers, Tic Tac Men, &c., Silver (per oz) will not be permitted to operate Bar Silver in within the precincts of the Hong
Kong Kong Jockey Club during the Race Copper Cash Meeting.
Copper Cents Rate of Native
terest
Tifine will be obtainable in the Restaurant in the Public Enclos
ure.
By Order.
S. A. SLEAP,
Actg. Secretary, Hong Kong, 18th April, 1932.
AN INTRODUCTORY HISTORY
by
A. H. CROOK, O.B.E., M.A. W. KAY, M.A.
W.
HANDYSIDE, M:A, Bếc -
PRICE $1,00.
NOW ON BALE AT THE PUBLISHERS
The Newspaper Enterprise Ltd.
China Mail Offices,
DAILY CROSS-WORD PUZZLE.
(This cross-word puzzle has been made by an expert bast
LONDON EXCHANGES
Berlin Stockholm Copenhagen Oslo
Lisbon
Paris
New York
Rugby, Yesterday.
95 15/16 3.78%
Montreal
4.21
Brussels
Geneva
27 1/16 19
Amsterdam
Milan
9.352 73%
212
15 31/32
20%
it clear that we have not restricted the facilities we are always ready to
**
181
20 3/16
Vienna
32 nominal
Prague
-1274-
Helsingfors
215
Madrid,
48%
1094
Dec. Puslets, making $1 for 1931 Feb. 17, 32
Athens
300
Bucharest
630
Rio
·4%
Buenos Aires
363%
a+a
Montevideo
29 remiftal
1/6 1732
1/7 19/16
Hong Kong
1/3 1/16
Yokohama .
1/9 1/16
4 15
16
zaid, we recommend a final dividend
Silver Spot ...
10
112
Silver Forward
16 11/16 16
OF
(Prof.ja/-
此
(24/- Sept.
-British Wireless Service.
(Continued at foot of next column.)
6
Industrials. Malabon Sugars
Deo. P. Le for 1938,
12180 Dec. | Final 6% making 10% for 1931 Mar. 9, 8% Dec. 2.0,00 for 1929. Feb. 25, 10 Just on prateranos shares Feb. 6, 81
| Mar. 6, ON
Bubject to Income tax
14
10
TT
16.05 July
Cements (com.)
(old) (new)
250 Doc. aCALADA NEW
Dec. 1 Lao for 1930.M.,
Scent for your 31-7-94 | Oct. 8, 31 145 carta on ald) for 1931 Mar. 31,39
6.45
The.Bictx,bonusisels.ink.@1fur1981| April 1, 15
101 Deo.
14
Stores, &c.
Dairy Farms
Watson ...
(Right) $
Dec. 31,75 for 1931
May. 9, 19
our readers are warned to look out for occasional phonetic spellings, such as harbor, plow,and altho.)
12
13
8
Bombay Shanghai.
TUITION GIVEN.
PRIVATE LESSONS
in
English,
17
18
French, Muric, Shorthand and Type- writing. Terme moderate, 6, Almal Villa, Austin Road, Kowloon
22
23
25
26
On the assets South Ch. Motors (A) S
("B" side, cash is lower by £1,163,000, China Providents (old) this reduction corresponding with
(new)$9
our smaller liabilities in respect of Hongkeww ..........Tis. The decline in the value N. Engineering Tia.
of our Government and other securi-Shanghai Docks Tis ties which, 35 have
have been written down to values ruling at
Lands, Hotels & Buildings. December H. & S. Hotels (C.R.)$
(Rights)
31, is explained by this writing down. The reduction in Bills Re-HK. Lands m♣ ceivable of $1,163,000, which curi-Shanghai Lande ...Tia.! ously are also the figures relating Metropolitan LandsTS. to the reduction in cash, Indicates Humphreys
the contraction in our turnover, H. K. Realtici ......S At £5,285,000, our Loans Receivable Asia Realvier “'A“ .....M$ *** and Advances show
a remarkably Chinese Estates $ 85
"B"...MS!"
small decline of £164,000, and make Benguet Explorations $ bets.
19.10
[2.30
... 77
Dec. 67.031ots,(new) for (P31 Mar. 18, 81 Dec. Final #2 making & for 1935. Feb. 16, 59
FIL
Dec.Final 70.50 hours 17-3301
am -0.74 for 1
Apr. 8, da
10
Dea. T. 1 year 29
Feb, 19, 89
Bep.1.20 on old
11.60 Dec. Ft. 30 clamak,
cente on now for 11 Oct. 10, 81 cie, for 1931 2. 9, 29
160
.. 180
Dec.
LA
Feb. 1nterim njo year 20-832.... Jan. 80, 29
Cotton Mille.
***
++
[12024351
Dec. T.1.30 for 18:3)NY 100-200 TO
Apr.
and T. Sed for half gone 81-10-31
pet.
**
L
{10
June T.outor year 30-0-8 ammess
Pending Doc.-8
Oct. 8, 91
afford our customers even in bad Ewo Cottona....... times. The total of the balance Shanghai Cotton...Tis. | m sheet, you will notice, Is lower by Zoong Singe ......Tls. 52,975,000.
The Profit and Lose Account calls for very little com- Public Utilitina, ment, except that unfortunately the H. K. Tramways... 11 profit shows a substantial decline. Peak Trams (old) ...$ We have as usual added £15,000 to
(new) ...$
the Officers" Pension Fund and Sur Ferdes again written £10,000 off Freehold Yaumati Ferries........$ (85) Banking Premises, while at £167,- China Light (old) .....$20) 926 the amount carried forward is
(new) ...$ H. K. Electrica ......$ slightly increased.. There is, of
Μέσα course, no addition to the Reserve Sandakan Light ...
17 ......$ 94 Fund on this occasion. As I have .K. Tele, fully paid $
16
part paid of 5 per cent., making 12 per cent., China Bases....T[. less tax, for the year.
S'poreTractions(Ord.)/~
ARE YOU FEELING PAST YOUR BEST?
Cald: Marg, Ord....The. Pref....Tis.
Canton Lees
H. K. Roper
China Agriculture......$
... 185.00)
(15)
Apt.
190 ct. on ok for year
cte on now) 3-4-31
Dec.
for 1R3), magent was when Wall to whit
Doc. #1,5 11 1890et the
Sept 0ct for year 2011...
Dec. 2.50 for 1331
Jan 10, 33 Feb. 11, 9 June 18, #1
Dec. 81, 81
Mar. 25,32
Dec.
12
[Jane) Nons
៨ និង
བྷུདྡ a ་ཨྰཿ ཐཏྟཊྛིཾ༄≖33སྩོགཱཨྰཿ ཟླཨྰཿཀྰ,wagt at!
240
Fob, Laat dridend for year 28-2-20
Feb for rear 28-3-31
Apr. 80, 81
Fob.
[20 cim, bogus 10 eta, ↑ for year; Feb.mcking 10-coate 29251| Apr. 81, 8%
Mar. 2.56 for year 41-8-31
Sept. 20, 69
+4
141
14.90] Doc. du nemt for 1621
Max. 98, 92
10
AN
Dec.
J
Doc.
Dec.
Dec.1 cents on uw for 1993 Apr. 6, 19
+
HOME TUITION.
WESTOVER-STEVENAGE. Within! an hour from London. In healthy neighbourhood SCHOOL for GIRLS and SMALL EGYS. A few Boarders received in the House of the Principal individual care and attention.
Particulars apply to:
MISS RUTE CULLEY,
(Camb. Higher Local,
For
2.9
30
31
34
35
158
39
Camb. Teachers' Diploma).
42
143
45
MISS GERTRUDE TURNER,
(National Frodel Higher (Certificate).
46
48
19
50
MISCELLANEOUS.
YOUR VISITING CARDS nustly and
#romptly printed.~~~China Offce, No. EA, Wyndham St.
phone 20922,
MAL
HONG KONG HEIGHTS
For the information, ef visitors the following list of some of the highest points on the Island and Hailand is published:
Island.
HORIZONTAL 1-Royal house of
England 4-Confusion 8-Girl's name
·I-A white linen
vestment (Excl.)
11-TO VEX 13-Restricta ' 15-Large bird of prey (pl.)
17-Girl's name 18-Ons who olla
19–Even (Post),
26-Membar of race.
who founded the Madian Kingdom [25:8atisfy
Foot
20-A festivity
Victoria Peak
1828
22-Observed
Bignal Station
1774
M. Parker
1734
-Mountain Lodge
1725
The Efrie
-1726-
27-Yawn
1800
· 30-Halt
Talaga Hämatorium
2000
H. Davis
Bowen Lead (fiterbeds)
297
_87mlilik_(Latin)
#Kingdom
Limoshan
33-Landing motor 35-Rational
HORIZONTAL (Cont.) 40-National Automo bile Association __(abbr.) 42-To encounter 44-Tract of land
surrounded by
water
48-QirŸa name 47~Taste
46-Diminutio sufix
VERTICAL (Cont.) 14-Native of Poland 16-Gresk god of war. 21-To accept as one's
own
|23-Consumat
24-The human faca
(slang)
26-Buperlative suffic 28-The act of Ascending
49-German Invanter of 29-Organs of hearing
30-Butta
gas engines |60-Looka
VERTICAL
31-One
of the divisions of Congress of United Statem
1-A long extravagant|82-Place
story (Colloq.)
*male sheep
B-theit of work and
6-Noiseless
-7-Bly, (Boot.)
·To worutinize, +f-Largest continent |10-An Insaat (pl.)
of Napoleon's
34-Steeps, a flax 25-Bilde 36-Constructed
Italy 41-An Insect (pl.) 45-Of age (Latin,
"abbr.) 4-To the sheltered.
(The solution of the above cross-word puzzle will appear in
sseus along with a new cross-word puzzle.
Do You Envy
the Zest of Youth ?
Members of the younger gen eration seem to get such a won derful test out of like, they are so enthusiastle about overything No wonder parents they do. often envy them. Their OWA day seems to be past.
Yet it is all mainly a matter of health. If you felt as fit and vigorous as they do, you would enjoy life's activities just a much. What you need is course of Dr. Williams' Pink Pills, the world-famous blood and nerve tone. Try them for a while and note how different you feel. Dr. Williams Pink Pills purity and enrich the blood, thereby strengthening the nerves and rėm -vitalising-the-ayatem.
Dr. Willliams". Pink Pilla comprise a bona fide phy- sician's prescription of prov ed merit for conditions aris- ing from weak and scanty blood such as
PREMATURE AGE, WEAKNESS & PALLOR, BACK PAINS, HEADACHES, DIGESTIVE & NERVE TROUBLES, INSOMNIA,
·RHEUMATISM & SOLATICA...
Dr. Williams Pink Pills Bring Back Vigour & Health To Worn-out, Nervous, Men & Women.
*
Der A Wings
Lane Crawfordz (old)...$6.60
"
Mackintorbi
!!!!!!!
(new)}
..$
17
*14
Miscellaneous,
Sinceres W. Powells
H.K, Amusements....€ 99] Ch. Entertainment
S. C. Enterprises.
United Theatres..... Macao "Greybounda" $ Constructions (Old) ...$]
(New)...$1.80
B. Ind. G. Bonde ...$ H.K. Govt, Loens....$ 31%
I
(5.60
Say
Staff and Expenses.
Dot. 80 cents for year 31-10-21 Apr. 19, 09-
:ĩ cents an old 1
Interest half yearly.
duction in their salaries —— (hear, Bear) and I need not say they
In view of the difficulties appreciated the position and through which we are passing readily accepted the proposed re and the necessity everybody is ductions. As the Bank received under of adjusting expenditure such loyal service from the Staff to income, you will no doubt exit was with regret that we ap- pect me to tell you that your proached them in this matter, but Directors have been looking into in your interests we deemed it the question of our expenses and our duty to do so under existing considerable economies have been conditions, and there was no al- carried out, though the full effect ternative other than a reduction of these will only appear in the of their numbers. In other direc current year. First of all the tians also and with the full so Directors having agreed to a re-operation of the Chief Manager duction in the fees, the Staff and the Staff generally we have were then asked to secept a re- (Comelmed on P206 1),