BANKS
HONG KONG AND SHANGHAI BANKING CORPORATION.
Authorised Capalbel m Forced and Fully Paid-up
Reserve Funda zme
- 20,000.00m
26,300,000
$10,000 POS
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.
Incorporated by Royal Charter, 1859.
HEAD OFFICE: LONDON,
Paid-up Capital
Reserve Fund
..£3,000,000 .£8,000,000
Reserve Liability of Pre-
prietors
£3,000,000
Agencies and Branches:
ALON STAN
AMRITSAR
ΕΟΕΠΙΚΟ
NADRAS
4. 14. Isell, Marke
Mon. Mr. J. 3, Patreon.
BATATIA
BONBAY
CALOUTTA
Hansers Liability of Proprietors won $30,000,000
HEAD OFFICE: HONG KONG,
BOARD OF DIRECTORS—
J. E. Poszos, Eng.
Chaitrat.
T. II. B. Straw, Esq.
Deputy Chairm30.
A. IL Complo, Esq. 3. A. Plummer, Eeg. Hap. Mr. C08. Xückin, d. 1. Warren, Eng.
BATAVIA
THEMIAT CALOUTTA
CANTON
. CBERGO
COLONRO
T. M. Graybum, Beş.
BRANCHES-
LONDON LYONS
KALAODA
LEA NIZA
MUAB (Jchor
MURDEN
NEW YORK
PEIPINO
AMOT
BANGKOK
DAIREN
POOCHOW
SAIPHONG
HANDUKO
PENANO
BAROOON
SAIGON
HONGKEW
BAN FEANOLSOO
БИАНСКАТ
HANKOW
HARMIN
ILOILO
IPOTI
JOLORR
Конк
KOWLOOK
ELSLA LUMPUR
RINGAPOR
BOURABAYA
BUNORI PATANI
TIENTSIK
TOKYO
TSINGTAO
YOKOHAMA
Pureval Arenunti opened to Toral Currency and Fixed Deportia focalved for one year of pericella la Lona Camancy and Sterling
on term which will be quoted on application. Hong Kong. 25th February, 1933.
HONG KONG SAVINGS BANK.
The Huskham at the above Bank in oonducted BONG KONG AND BILANGĦAT MANE. 1 CORPORATION. Base may be evolvi
PER FAR NOKOKONG AND SHANGHAI KÄRKING DORPORATION.
T. M. GRAYBURN,
Dalal Manager
Hong Kong, 25th February, 1933.
OVERSEA-CHINESE BANKING. CORPORATION, LTD. (Incorporated in the Straits Settlement) SUCCESSORS TO
The Ho Hong Bank, Ltd.
The Chinese Commercial Bank, Ltd. The Oversea-Chinese Bank, Lád,
Head Office:Singapore.
Hong Kong Branch:-13, Queen's Rd. C.)
Authorised Capital:-
Straits $40,000,000,00.
Paid-up Capital-
ぜ
Straits $10,000,000.00.
Branches and Agencies in the princi-!
cipal cities of the world.
Every description of Banking and Exchange business transacted.
Chus Kek Hal
Manager,
THE BANK OF CANTON, LTD.Į
Established 1912.
Head Office:-Hong Kong,
Authorland Capital (11.1. Currency) ...$15,000,000
Paid Up Captia
BATTA Fund
****** 0,064,000 - 1,120,4X10
BRANCHES :-
Canton, Besoglist, Haskow, Bangkok,
and San Francisco.
LONDON BANKKES :-
The Loyd's Bank, Litaited.
CORRESPONDENTS
de ali prizol, ut vitiae of the World.
Foreign Exchange and banking bualnas of
every daar 31600 noted.
Safe Deposit Boxas (variose dizm) at a yearly
swotal of from $5 to $40.
LOOK POONG SHAN,
Chief Manager.
THE YOKOHAMA SPECIE BANK, LIMITED.
Established 1884.
"
BANGKOK
CAKTON GAWKPORS
CENU
MAKILL
MEDAN
NEW TOEK
FRIPING (Pekingi
PENANG
BANGOAN
COLOMBO
KATOON
DELHI
EMARANG
HAIPHONG
KEREMBAN
KANNURG
AHANGHAI
HAMKOW
SINGAPORE
BARSIN
LITIAWAN
вска кока
BOURADATA
ILOTLA
TAIMING
[PO
TIEXTAIN
KARACER
-TONGRAH (Bhokat)
KLANG
STIROTAQ
KOB
JUALA LUMPUR
YOKOHAMA ZAMBOANGA
Foreign Exchange
and
General
THE CHINA MAIL.
Commerce and Finance
· KOWLOON WHARF & GODOWN CO.
Increased Profits Last Year.
The annual general meeting of the Hong Kong and Kowloon Wharf and Godown Co., Ltd., will be held
EXCHANGES.
TO-DAY'S QUOTATIONS.
at the Board room of On New York- Messra. Jardine Matheson and Co., On demand Ltd., on Thursday, March 9 at 12
noon.
The Directors' report that the. (profit on working was $1,124,516.92
as compared with $954271.95 in 1931.
The balance for the year after On India--
T.T. deducting Directors' and Auditors' Fees, allowing for Depreciation On demand and other outgoings is $813,244.71. On Shangħal— The amount brought forward On demand Carrent Accounts opened and Fix-from last year is $344,091.43 mak-On Kobe-- ed Deposita received for one year of ing a total of $1,157,836.14 for On demand shorter periods at rates which will be
appropriation...
On Manila- quoted on application.
Banking business transacted.
A. BREARLEY,
Manager.
Hong Kong, 17th November, 1982.
On London-**
T.T.
On demand
1/3 1/3%
4 months' sight ... 1/31⁄2 Credits 4 months'
sight
1/4
Credits 60 dayı'
sight
21%
23
On Paris—
On demand
Credits 4 months'
sight
665
595
84%
84%
76%
100%
The Directors recommend the following:-
On demand
On Singapore-
To pay a Dividend of
$6.00 per share
On demand
434
55%
$480,00.00
On demand 160,000.00 On Salgon---
On demand 100,000.00 On Bangkok-
On Batavia-
54%
554
80,000.00
On demand Sovereigns Bank bay-
ing rate
1/4% Bar Silver' per oz. ... 17% Bar Silver in Kong
Kong 20,000.00 317,536.14 Copper Caab
Copper Cents
145
Nomionl
Nominal
1% prem.
To pay
1 Bonus of $2.00 per share....
THE BANK OF TAIWAN, LTD. TO' transfer to Re-
(TAIWAN GINKO.)
HEAD OFFICE:-Talpeh, Formoss.
Incorporated by Special Imperial Charter, 1899,
Cental Bank la Fortsons. Bank-Notes Imund Synergy smount ... 46,006,000 BRANCHES AND AGENCIES JAPAS Tokyo, Tokohama, Kobu. Quaka. PORMOSA 1-span. Kagi. Karenko,
Makong Nanta Blockike, Tricha, Tainan, Taino, Tamaul, Town, Heilo, falso, CITINA:-boghal, Haskow, Anoy, Poochaw,
Bysics, Canton,
OTHERA - Hong Kong, Bingapore Bourabaya. Semarang. Bacheva, Bombay, London
York. Dr.
LONDON BANKERS.
Barclays Bank, Ltd.. Joyds Bank, Laả. Midland Bank, Ltd., Wontezinate Bank, Ind.
newals Account To transfer to Equali-
zation of Dividend Fund
To transfer to Em- ployees' Provident Fund
To carry forward
$1,157,336.14
Directors. During the year Mesare. C. Gordon Mackie and H. H. H. Priestley resigned their seatu on leaving the Colony and Mesars. M. T. Johnson and T. A. Martin
The Biul har Comapoodanie is all the pricipal were invited to fill the vacancies.
Commeraal entre throughovs the world.
K, NAGIBA,
110KG KONG BRANCK;
Voru René Central, Hong Kong December 24, 1981.
Kassager
NEDERLANDSCHE HANDEL- MAATSCHAPPIJ, N.V.
(NETHERLANDS TRADIKÓ SOCIETY
BANKERS.
Kelabilakad 1834
Long Long Ufon:=-=31, Quane's Mood Choirsi.
Authorised Capital... 150,000,000 Paid-Up Capital ....... 80,080,000 Reserve
..... 20,016,000
Band Offer,-AMBTEADAN".
Lantern land to#2----BATAVIA,
Bandcong Bombay, Calca Lia, Chartboo,
Djember, Djok jakarin', The Hagis", Liddel, Kolu, Makar, Medan, Palembang. Pala longan, Pasang. Bacon, Rotterdam*, Baccarang, Shanghai, Singapore, Blomen- bale, écurslarla (Soia), Tegal, Tyllatja and Waliarredan","
Branch Bandjermaals,
Mr. J. H. Jessen was also invited to join the Board. This appoint ment requires to be confirmed.
Subsequently Mesars. M. T. Johnson and T. A. Martin retired and Messrs. C. Gordon Mackie and H. H. H. Priestley rejoined the Board on their return.
Messrs, C. Gordon Mackie and H. H. H. Priestley retire according
THE MERCANTILE BANK OF INDIA, LTD.
HP OFFICE:
Rate of Native In-
terest
34% p.a. Chinese Sub. Coin. 30% dis Hong Kong Sub. Coln par.
LONDON EXCHANGES.
London, Yesterday.
86 7/16
Paris New York
66. 18/16 14.321/2
18 27/32
3.414
Montreal
4.08%
Brussels
24.32
Geneva Amsterdam Milan Berlin
17.52
'8.44
Stockholm Copenhagen Oslo
22 7/16
19
Vienna
Prague
50 Nam.
115
Helsingfors
2264
Madrid
Lisbon
41 110
597/2
575
260
5% Nom.
41% O.R.
30 Nominal 1/6%
1/8, 6/16
1/3%
Athens
Bucharest Belgrade
Rio
£3,000,000.
15. Grundbarth Strast, Lominu, E.GJ.
Authorised Capital
Subscribed Capital
Paid-up Capital
1,800,000
1,050,000
Reserve Fund & Rest. 1,217,927
BANTERS:
The Bank of England à Midland Bank, IM,
BLANCHES
ipok
السادة
Karachi
Ponny
(Mauritius)
Rangoon shanghai BizA
Buenos Aires Montevideo Bombay Shanghai Hong Kong Yokohama South African 4,
£100 sterling. Silver Forward Silver Spot
1/2 7/16 99%-100% per
Daugiak Balaria
Pors Loute
Bombay
Calvella
Kota Bhar
17 3/16
Colombo
Kuala Lipia
17
• The ones have Sale Deposit Boxe La Lat.
Dail Galle
Kuala Lumpur
Busnian (Pakang) Kingapore
War Loan 82%
981⁄4
Hoes Koog
Madras
Surabaya
Haerah
British Wireless Service
New York
LONDON BANKERS.——
NATIONAL PROVINCIAL BANK LID,
Gospondent all over the world. Banking Ba mass of every drecription transected.
A. BYOKLĪNI
Малицо.
Hong Kong, 21st June, 1932
KONO KONO BRANⱭN.
Kivery description of Banding and Exchange
Daas transacted.
Travellers Chaquae Langed.
Trustee and Executorship under- taken.
*INTEREST allowed on Current Accound Firad Deposita si Balag that may be ascertained: on application.
J. B. ROBS, THE AMERICAN EXPRESS COMPANY, 7. Queen's Rood Contest.
Manage Hong Kong, 7th April, 1982.
INC.
Read Office:-65, Broadway. New York
‚U.8.$6,000,000,00 .1.8.$1,832.882,06 .W.8.$1,458,116.78
REPULSE BAY
FACILITIES TO
BE IMPROVED
(Continued from Page 1.)
Account for the preceding year.
WEDNESDAY, MARCH 1, 1933,
Dairy Farm Co., Reports A Good Year
Completion Of New 40-Ton Ice Tank.
due mainly to an outbreak of Rin- derpest among imported cattle in April last. At December 31 last, the Herd numbered 995 head an increase of 84 compared with De- cember 31, 1991.
"Capital expenditure during the
to
Such difference is accounted for DIRECTORS' FEES INCREASED by the item "Proft on Realisation. of Investments," under which A successful year with a record heading the amount of $105,948 sale in milk, and the completion of year, apart from new cattle which
cost $72,947.59 amounted was derived during 1931 as against a new 40-ton ice tank in anticipa- $399,296.61. The main items were an absence of revenue in this res-tion of a greater demand this sum-on account of: pect for 1932, attributable to the mer, was reported by Mr. A. B. Farm Buildings thaetive condition of the local Stewart (Chairman) presiding at Share Market in the latter year
the 37th ordinary yearly meeting of the Dairy Farm, Ice and Cold Stor- precluding operations thereon con- ducive to the attainment of a simge Co., Ltd, held this morning.
In his speech, the Chairman lar result; in these circumstances announced "the opening shortly the position cannot be regarded as of a branch, at the St. Francis whelly unsatisfactory.
Hotel, which will be fitted, with a most up-to-date ice cream par lour.
The
.# 26,000,00 Farm electrical system 11,000.00 Factory Buildings
(East Point} Ice Machinery Soda Fountain Equip-
ment ....
58,000,00 184,000.00
13,000.00
40-Ton Ice Tank. "I referred last year to the 40, .. ton Ice Tank then on order. This tank and Ice Store are mainly res ponsible for the expenditure under the headings-"Ice Machinery" and "Factory Buildings (East Point)" referred to above. tion of the Tank was completed The Installa-
some four months ago and with the increamed tankage and storage ac- commodation now available we should be able to meet, without dificulty, the anticipated increase in demand this summer. pleased to say that the demand for Cold Storage accommodation con- tinues to increase and two further cold stores were completed during
1 BZM
Investment Depreciation.
Addressing the meeting, the "Investments at Cost, totalling Chairman said:- $2,482,344.51 show a depreciation "Before dealing with formal busi- upon the market prices ruling nees, I desire to record with deep December 31, 1932, of $267,895.85 regret the loss we have sustained as a result of the severe fall in since last Meeting by the death of the value of local securities, but our Secretary Mr. M. Manuk. auch diminution is adequately late Mr. Manuk served the Company covered per contra, by the General faithfully and well for a period of Reserve of $300,000. In this con-25 years and to his ability and fore- nection, I would take the oppor-sight the present flourishing condi- tunity of assuring Shareholder tions of the Company is in no small that the Company's Investments, measure due. generally, are composed of good "The death of our late Dalry class counters capable of ensuring Superintendent, Mr. C. Makeham, is the year. a fair return on outlay involved ir-also greatly regretted. respective of their market value ham left after many
"It was considered desirable fluctuations.
for years in the that a supply of electricity Company's service to retire to Aus-lighting and power purposes be tralia in 1950 and unfortunately did laid on to all our cow sheds and not long enjoy the retirement he this was done during the year. A "The only material change a had so well eared.
number of electric milking pearing on the Balance Sheet
machines were also purchased for which calls for comment is thut in
New Property.
Mr. Make-
Satisfactory Year.
"I glad to record another satis-
respect of the property at Repulac factory year's working. the profit of emergency purposes. Bay owned by the Company; re- $756,190.42 on working Account beers a branch will shortly be open- "For the convenience of custom- ferences have previously been ing only $12,383.27 short of lasted in the St. Francis Hotel Build- made from this Chair as to the de- year's record figures, a creditable ing. In addition to the usual But- velopment which your Board have achievement under prevailing condi- chery & Dairy Department, an up- had in mind in respect of that tions.
to-date Ice Cream Parlour has property, and I am pleased to re-
been provided and I feel sure that part in this connection that the
the Branch will prove very popu Government, In the latter end of
lar." the past year, finally agreed to the acquisition by the Company of an additional area of land in con- sideration of a premium payment of $84,850.
"The position now
*
"In view of the excellent re- sults shown I feel sure that you will approve of a bonus of 15 per cent, to the Staff on their salaries in recognition of the hard work and loyal sup- port given.
Mr. Frank Austin seconded the adoption of the Accounts, which was carried.
Supporting the Chairman were "I referred last year to the diph-Messra T. E. Pearce and J. P. War-
is that the theria outbreak which occurred in ren (Directors) and J. D. Thomson Company owns Rural Building January 1932. Unfortunately this (Secretary),
Chan
Lots Nos. 366, 367 and 368, con-was followed by cholera with the taining an area of approximately realults that certain
Shareholders present, included restrictionsMesura N. V. A. Croucher, H. J. M. 528,000 square feet, as against the imposed by the Sanitary Authori-Figueiredo, A. J. David, Frank Aus- formerly leased area of 387,300 ties on ice and ice cream sales affect tin, 3. H. Ross, H. W. Page, B. W. square feet, and the relative Crown ed our business
unfavourably Bradbury, Chan Nai-pan, Leases will be issued when full-throughout the greater part of the Chai-tong, Yung Yeung She. ment of the Building Covenanta Summer, has been effected and certain pay- "Dealing with the Profit and Loas ments in respect of Nullah and Account, you will note an increase in Road Construction have been made. expenditure under the heading "Repairs and Renewals." Of this, considerable sum was spent in
Directors' Fees Increased.
increase of $3,000 for the Directors Mr. B. W. Bradbury proposed an
fees. This was seconded by Mr. Ross, and carried unanimously.
Messrs. T. E. Pearce and J.
Repulse Bay Development, "It is to be noted, moreover, pairs to the Ice Plant have also been Owen-Hughes were re-elected DI- that the Agreement for the issue providing improved accommoda-
rectors on the proposal of Mr. Pago, of the leases in question omits any tion at the Kowloon Branch and re- seconded by Mr. Figueiredo, while mention of the onerous terms that heavier than usual. Buildings, Messrs Percy Smith, Seth and Flem previously restricted the Company Planta &c., have all been maintained ing were re-elected Auditors on the from dealing in the property; con-in first-class condition, sequently it will, in future, be pus
proposal of Mr. Croucher, seconded "Depreciation written off amounts by Mr. Chan Chal-tong. will enhance the property from figure than last year. sible to effect such development us to $200,885.61 a slightly higher "Farther
the viewpoint of any interested sales of investments were' made
being eligible offer themselves for effect the scheme whereby the written-down book value to the Articles of Association, but pariles, and alsg to carry into during the year showing a profit on
re-election.
Messrs. Percy Smith, Seth and Fleming, Incorporated Account- ants, and Linstead and Davis, Chartered Accountants, have audit ed the accounts now presented and offer themselves for re-election.
THE BANK OF EAST ASIA, LTD.
Patablished 1818."
HEAD OFFICE:
10, Des Voeux Road, Central, HONG KONG
Capital
Surplus Reservo
Capital (folly paid-up) Yen 100,000,000 Reserva Fund
„Yen 117,800,000
BRANCHES--
Amoriam
Chamon
Chango
Naglas
Capital and Surplus Total Resourcan
Hard Office:--YOKOHAMA.
Bava Entertain
Palping
Branches and Agencies at:
Bomber
Alexandria
Nagasaki
Devimen
Batavia
Nagoya
Brussels
London
Ed vergood
Galeg
New York
B. Marti
Paris
Yolchoana
Berlin
Bombay
Calentia
-Canton
Hamburg
Newchwang
'Datren (Dalny) Palping Tengthen (Muhde) Rangoon
Elo de Janeiro Ban Francisco Saattis Semarang
Hankow
Harbin
Tour Leat Honolulu
Hainking
Kai Yuen Laracal Tobe
London
Los Angeles
Mania
Shanghal Shimono shi
Kingapore
Eperabaya
Bydory
Tiestain Tokyo Tristan
Interest allowsć, on Corrent: Ao-
Lacne
Lagana
Lazer Marvelikos
Minia
Manirana
مملكة
سياسية.
Fergunt
Branches of American Express Com.) pany in Principal cition of United | States of America and Canada.
All classes of Commercial Banking Tranisations' undertaken.
Personal investment Mocounts handled.
The Company offers to intending Travelers: the use of its ("Travelers Deposita reculred for faed periods Chequel), and Latters of Credit and.
ut rates to be obtained on application, in addition, the world-wide secrIONE
EL-HOLL
Hong Kong, 30th December, 1982.
of its thoroughly equipped Travel De
K. W. DUGGAN,
ever HLS 8,000,000,00 * over 1.840,000,000.00
Every description of Banking and Exchange business transacted.
H
Current and Fixed Deposit Accounts in local and for- © ́eign currencies opened for clients.
Savings Account and Safe Deposit Boxes Branches and Agencies all over the world.
KAN TONG PO,
PHOTO SUPPLIES,
Chief Manager.
PHOTOS TAKEN DAY AND NIGHT. Zelan, Kodaks, Cameras, Filma, Platen, and Papers, cle. Developing, Printing and Enlarging. AT 24 HOURS" SERVICE.
Price Moderate,
A Trial Order is Bolieltod.
THE KWONG KWUI CO. LTD.
a Road Central, Hong Kon
Tol, 22178,
SHARE MARKET.
af $84-Stock Exchange issued to-day.
The official summary of the
Publie in to be catered for in the 070.97.
The market continued. Jull and way of general amusement facfil-
Big Proft. ties, including the provision of
featureless this morning, but there "The balance at credit of Profit was some trading in the minor is adequate modern accommodation and Loss Account amounts to $581,-sues, Hotels and China Lights at for bathers, at Repulse Bay, 230.98 which, with the sum of round about quotations, whilst Ce- In this relation, it is your $68,90242 brought forward from ments have suffered a further set- Board's intention to utilise Rural| last year's account, makes a total of back, Building Lot No. 368 for the pur-3600,15140 for appropriation, pose, and at the moment various "Your Directors recommend that, ideas in respect thereof are under this sum be dealt with an follows:-- consideration by your Board. · In Pay a Dividend of $1:50 view of the delay experienced in per share en 250,000
Phares the negotiations in this matter, it
will not be possible to have the Pay a Bonus of 25 cents scheme ready for the coming Sum- per share on. 25,000 mer Season, but it is hoped that shares It will be in operation by next Add to Cattle Reserve
Carry Forward to next
FORT.
$875,000,00
62,500.00 100,000.00
62,651.40
$600,151.40
and I trust this will have your approval.
"I now formally propose that the account following appropriations recom- mended by your Directors be car- ried into effect:- Pay a Dividend of 80
cents per Share Carry forward to New.
Account
.$60,000.00
26,270.88 Cattle
this
Cattle Reserve. "The addition of $100,000,00 to
Reserve will bring. Reserve to $400,000.00. $86,270.83 You will note that the book The report was seconded by Mr. value of the Herd at December 31 last was $608,424.41 and since then N. V. A. Croucher.
Supporting Mr. J. Scott-Harston further $60,000 has been ex- were Bir Shou-son Chow, Messrs, pended on 50 head of Cattle from EM. Raymond, John Fleming, Canada. The total importations P. K. Kwok (Directors) and J. H. during the last 3 years number Taggart (Managing Directors). 320 head and as the risk of, mor- Bhareholders present were tality is greater in imported than Messrs. P. IL. Buckling, N. Y. A. in our own-bred stock the desir. Croucher, O. P. Ribeiro, T. R. ability of adding to the Reserve Parsons, Allan Keith and H. J. M. will be apparent, I might men Figueiredo,
Mours, E. M. Raymond and John Fleming were re-elected directors,
and Mouery Linstead and Davis
were re-elected, Auditora : for the
Bales
Hong Kong Banks $1660. Hotels (Old) $7%1⁄2/7.60. Hong Kong Lands $74. ~H-K-Realties #7:10/7.15,-
Chiam Lights (Old) $8.50/8.85, Constructions (New) 90 cents. Buyers
Douglases $81, ..
H. K. Steamboats $22. Hotels (Old) 37%
Chinese Estates $95. Ewo Cottona Tīs, 12,80. China Lights (Old) $8.76′′ B. Ind G. Bonda 66%. Govt. Loans 4% Prem.
✓ Bellers. Union Insurances $560. Raubs $11.
Hong Kong Lands $74," Shanghai Cottons Tis. 68. Telephones (New). $25,90, Hong Kong Ropes $11. Dairy Farms $29.40,
AMERICA'S PLANS FOR. BIG BUDGET
(Continued from Page 1)
Law enforcement calls for an
Hon" that Milk sales for the year/outlay of $44,736,860 (£8,950,- under review constitute a record. 000), or 1.18 per cent of the bud-
Hard In Good Condition, 1- - get t
is
“I am kind to say that the Hard Public education" (is given, ma
at present in very good condi- 40 per cent, agriculture 129 per Cattle Losses in her cent, and – public improvements -
this year than for some yeaza past, 8,22 per cent, Reuter,