BANKS
HONG KONG AND SHANGHAI BANKING CORPORATION.
Svibrio Capital
$58,000.000
imesed and Fully Paid-up 30,000,000
Besora Fonde 2--
Sheling File
$10,000,HOM
Reserve Liability në Propriators #30,000,000
HEAD OFFICE: HONG KONG.
BOARD OF DIRECTORS—
T. I. Paaros, Hot,
Chairman.
-T. 1. nw, Eaq.
W. II. Bell, Kaq.
Deputy Castro
Hon. Mr. 2. 3. Fusormen.
AH. Campion," Bag- 3. &. Plummer, Mog. Bon. Mr. G..Š. Mickim. J. F. War, ag
0. Miskin, Esq.
AMOI
BANGBOK
BATAVIA DONBAY
CALOUTTA
CANTON
OREPOO COLONDO
DAIKEN POOCHOW HAIPHONG
HAKDURG
HANKOW HANDIN MONGLEW ILOILO
ITOH
JOBOBE
KORK
V. M. Grayburn, Ming,
Chiat Masagne.
BRANCHES —
ZOWLOOK
KUALA LUMTUB
LONDON
LYONG
SALÁDDA MANILA
MUAR (Johor NG,
MUIDEN
NEW YOBI
PEIFING
PENANO
BANGOOK
SAIGON
BAN PRANCIS00
SHANGRIL
SINGAPORE
SOURABATA
BUNDEL PATENI
TIENTHIN
ΤΟΥΤΟ
TSINGTAO.
YOKOHAMA
Carros Acouste opened lu Local Currency and Pized Usposite recred for one year or shorter periode in Local Carroney and Biorking
- terms which will be quoted on application. Hong Kong, 28th February, 1938.
HONG KONG SAVINGS BANK.
by
the shore Bank is mosdynied HONG KONG AND SHANGHAI BANK INN CONTOLATION. as may be abvulnod vo na noNOXONG AND SHANGHAI MARINE CORPORATION.
V. M. GRAYBURN,
Calad Msanger -
Hong Kong, 25th February, 1883.
OVERSEA-CHINESE BANKING.
CORPORATION, LTD. (Incorporated in the Straite Settlement) SUCCESSORS TO
The Ho Hong Bank, Ltd.
The Chinese Commercial Dank, Ltd. The Oversea-Chinese Bank, Ltd.
Head Office:--Slagapore.
Hong Kong Branch:-13, Queen's Rd. C.
Autherland Capital:-
Straits $40,000,000,00.
Paid-up Capital:-
Straits $10,000,000.00., Branches and Agencies in the princi- cipal cities of the world.
Every description of Banking and Exchange business transacted.
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.
Incorporated by Royal Charter, 1853.
HEAD OFFICE: LONDON.
THE CHINA A
H.K. STOCK EXCHANGE Opening Daily Official Q'tions,
Commerce and Finance
pril *1933,
STOCK
Buy Sell- Nota.
事
Banki
1.K. Bank
(Lon. Reg.) L Chartered Bank nik
$1705 1710 2740 15
jLdiv.
18.
STEAMBOAT CO'S POOR YEAR
...₤100
190
(Continued From Page 1.)-
£3,000,000| Mercantile Bk., A&B}£} **** £1,000,000 ||
CA Bank of East Asia.....$ £3,000,000| Amer, O. Fin, C.M.]* ***
Paid-up Capital
Reserve Fund
Reserve Liability of Pro
prietors
Agencies and Branche:
ALOR STAR AMBITSAR RANGEGE НАТАУЛА BOMBAT GALOUTTA CANTON CAWAPOKE -OKBU
COLONDO DELI
LUGHING
T
KAIPHONG HAMBURG HANKOW HARBIN HONG MOND
SPOR
KARACHI
KLAND
TODA
KUALA LUMPUR
MADRAS MANILA MKDAN NEW YORK PRIPING (Poking? PENAYA HANDOOR BAIGON BEMAKANG SEREMBAN RHANGHAI SİNGAPORE SETIAWAN.
··~ BOURABAYA
TASTING TIESTSIN TONGKAT (Skechasi SHIROTAO TOTOHANA RAMBOANGA
and
Foreign Exchange
Banking busines transacted.
Ch. Fin, Coc. O. Th.
Pref. Th
Insurances
Caston Ins.
Union Ins.
China - Underwriters
$1850
1500
Chins Fire In......$ TH
H.K. Fire In... International Asice. Th
Skipping
Douglasen ............$ 1.K. Steamboats.....$49 Indo-China (Pref.)...$
P
̄ {Def.)......$] General Shells (feater) ............)-
Current Accounts opened and Fix- ed Deposits received. for one year or shorter periods at rates which will be quoted on application.
A. BREARLEY,
Manager. Hong Kong, 17th November, 1932.
Union Waterboats ...5)
Mining
faguris......
THE BANK OF CANTON, LTD.| Raubs
Established 1912.
Head Office: Hong Kong,
Authorland Capital (R.K. Currency) ......$11,000,000 Pal-Up Capial som Reserve Fundam: 1,393,1935 BRANCHES 1--
Casion,
Shanghai, ankow, Bangkok, and Bai Prandiaro. LORDON BANKERS |---- The Lloyd's Bank, Limited. CORESPONDENTS
'En all prinoi, në cikline of the World.
Foreign Exchange and banking busloan i orary criptam iznosacied.
Bala Depot Boxer (variouɔ sixs) si u Jourly spetăl of from 0 to $40.
LOOK POONG SHAN,
9.10
Venezuela G. Fieldı Si Benguet Exploration $
Docks, Wharves,
Godowns, &c.
11.K. & K. Wharvu $158)
H.R. & W. Docks 5
1.
4.88 the year's working to place be 4.50 fore you; but, as most of you will
1560
1820
11880
18t
100
TUESDAY, APRIL
--- NEW ADVERTISEMENTS.
NOTICE.
NEW YORK STOCK MDay been admitted partner
EXCHANGE A.O.F.C. Quotations.
New York, Yesterday, Dow Jones Averages.
Last To-day's Changes. Aver.Aver.
03 up
PUI MAN has this in the above firm, from 1st April 1933. S
HONG KONG COLLECTION AGENCY.
Alex. Bldg. 1st-floorTM
Auction
Telephone No. 27618.
COMPANY MEETINGS
"THE HONG KONG, CANTON &
MACAO STEAMBOAT CO, LIMITED.
NOTICE TO SHAREHOLDERS
THIRTEENTH ORDINARY THE ONE HUNDRED AND
MEETING. OF SHAREHOLDERS in the Company will be held at the Office of the Company. - 1. Queen's Building, Victoria, Hong Kong, on TUESDAY, the 4th April, 1938, at 11.80 a.m. for the purpose of receiving a Report of the Direc- tors, together with a Statement of Accounts, "and", electing" Directors and Auditors.
appreciate, the conditions that prevailed locally during 1932 30 Industrials 65.66 55.89
PUBLIC AUCTION. 07 down were extremely difficult and all 20 Rails....25.00 24.99
20 Utilities 19.38 19.33 .05 down tended to make profitable steam-40 Bonds 74.36 74.14 22 down Messrs. E. A. Pierce & Co. Re- er trading practically impossible.
portThere is no encouragement Keen Competition.
to trading in the present market. Competition, in particular as It looks as though "some. liquida- regards the Macao service, was tion is in progress as a possible WEDNESDAY, the 5th. April, 1993 1993. Both Days Inclusive, during extremely keen throughout the aftermath of the banking troubles. period. under review. Despite Wheat advanced on a bullish crop this fact no effort was relaxed to report. Cotton, generally; ruled secure for your Company's ves-featureless, Silver ruled easier, A Consignment of Electric Goods By Order of the Board of {sels their full share of the trade reflecting the declines in London]Comprising:—— 39both of passenger and cargo.
FOR
16
18
"In addition to the adverse trade 600,000 shares, factors such as the low value of
THE Undersigned have received The TRANSFER BOOKS of the TH
instructions to sell by Public Company will be CLOSED from
WEDNESDAY, the 29th March, ON
1933, to TUESDAY, the 4th April,
which period NO Transfer of Shares can be registered.
commencing at -11. a.m.”
at their Sales Room, 4. Daddell Street).
and Shanghai. Business done: Oscillating table fans, Desk fans, |Coiling Fans, Motors, Gramophone Last To-day's Motors, Grindera and Regulators. Price Price
A. · ·(all new and 200 volta) 55% 56
Terms: Cash-on 'Delivery,
LAMMERT BROS.
heavy depreciation In Canton Cur Allied Chemical & Dye. 75% rency which represents about one Américan Can
"Auctioneers
Directors,
G. E. ELLAMS,
Secretary.
Hong Kong, 20th March, 1983.
Hong Kong, 4th April, 1933. UNION WATERBOAT COMPANY,
LIMITED.
GENERÁL NOTICES. NOTICE TO SHAREHOLDERS.
THE MANUFACTURERS LIFE
'INSURANCE COMPANY.
the Hong Kong Dollar, continued
Air Reduction
102
78
Kailan Mining Ad. 1/-f
21/8
55%
55%
| Langkan (Single) Th.] S'hai Explorations Ths. Loans......Th.
half of the takings on both the American Tel. & Tel.
American Tob. "g" 2.10 Centon and Macao run, cost of 3.80
887%
89.
coal and repairs (to which I had Anaconda Copper Mining 6% also to refer in my report to you Borden Co. 4.20 last year), the beavy increases of Canadian Pacific Obrysler Motors
.60
6114
Auburn
.814
33
20%
20%
bes. Customs duties on practically al Consolidated Gas of N.Y. 41% 40%
[commodities shipped both to and Drugs, Inc. ...... 30%
out of Canton have had a very ap-Du Pont de Nemours preciable affect on the activities of Eastman Kodak....
Electric Bond & Share [cargoʻshippers,
General Electric··
30%
34
342
51
4814
12
12% 12% 254-25
11% 11% 13% 12%
222
89 90+
5
69%
10
·12%
13.
34%
20%
17
16
Hong Kong, 1st April, 1933.
37%
16
16%
2644 THE HONG KONG JOCKEY
CLUB.
21%
27%
68 27% 2844
S. Ch. Mouri (45
("B" Ch. Providenta (old) $4.06 (new) Lac Hougkews .........The... S. Engineering...Th., Shanghai Dock...Th. ....
Lands, Hotels &
Buildings.
H.K. & S. Hoch....57.30
Chief Manager..K. Land $711
Shanghai Lands...Tis Metropolitan LandsTh.
THE BANK OF EAST
ASIA, LTD.
Head Office: Hong Kong.
No. 19, Des Voeux Road Central Established: 1918.
|Authorised Capital
Paid-up Capital Reserve and Undivided
Profita
THE BANK OF TAIWAN, LTD. Hankow
(TAIWAN GINKO.)
(11umphreys ----$
11.K. Realtica
Asia Realtiën "A" MS. "B" MS Chinese Estates.....$ING China Realtic....Th... ¡Cizina·Debenturei Th] ...
Cotton Mills. $10,000,000.00 Ewe Cotons.Th.21 5,698,600.00 Shanghai Cottons. Th.|
Zong Sings....... 2,312,000.00 Wing On Textile 8.5
Public Utilities.
Peiping
Penang
Rangoon
Salgon
San Francisco Seattle
Semarang
Branches and Agencies:-
Chua Ke Hai.
Manager.
Amoy Batavia Bombay Calentta Canton Haiphong
Honolulu
Kobe
Kowloon
London
Manila
Melbourne
Nagasald
Singapore Sourabaya Swatow Sydney Taihoku Tientsin
New York Osaka Paris
Tokyo
Vancouver Yokohama
HEAD OFFICE:-Talpeh, FormOSE
Incorporated by Special Imperial
Charter, 1899.
Central Back in Form.
Bank Holm Loved Average emouni
Ya 8,000,000 BRANCHES AND AGENCIES:
JAPAN :—Tokyo, Yokohama, Kobe, Omaka.
Correspondents in all principal cities
FORMOSA:Hima Keri. Karenko, Kelasg,
Xakong Nexto. Skinchiku, Talchu, Tino, of the World. Takao, Tamaul, Ton, Urio, falla. CHINA |—Shanghai, Bankow,
A003.
Fohow
Buslow, Csalon. OTHÉES :—ɤ+g, Kong. Blogsport, Bourabaya, Sarung. Belavia, Bombay, London. Kes Tork, Dairan.
LONDON BANKERS;
Barclays Back, Lad. Lloyds Bank, THE -Midiane Bank, LAB, Wasimimer Bank, Ltd.
The Back bat Correspondents in all the peksalpai Comercial Centres throghout the world. I. NAGURA,
SLONG KONG BRANCH:
De Tax Boot Contest. Hong Lang, Decoceber 26, 1981-
Manage
THE YOKOHAMA SPECIE BANK,
LIMITED
Fatablished 1889,
Capital (fully paid-up) Yen 100,000,000 || Reserve Fund
Yen, 119,760,000|
Head Ofles:-TOKOHAMA.
Branches and Agencias at: Alexandria
Berlin
(Dalny)
Nagora
Newchwang
New York
Peiping
Fangtian (Mukden) Rangoon
Hamburg
Hankow
Harbin
Hoan Hoan
Hopolalu
Hinking
Kak-Yuan
Karachi
Kobe
Ela, de Janstro" San Francisco
Semarang
London
Los Angeles.
*** Intereas allowet
Deposita received
at rates to be obtained
Hong Kong, 11th March
Every description of Banking and Exchange business transacted. Lozas grated on approved securities.
Safe Deposit Boxes To Let.
•
HX. Tramways
} Peak Tranis (old)...5]
(new)..
Star Ferries (old
Yaumati Ferries (old) S}
"
1
:
(new) $ ...
711
China Light (old) ...$(21
(new...5)
+
•
H.K. Electric Macao Sandakan Lighti
ILK. Tel.
95
"Another factor responsible for General Foods
General the decrease in the earnings for Gen Motore the Canton run is to be found in Gillette
Safety gas the decline in the Chinese theatri-Harvester (Pref.)
Int. Harvester cat business, which has suffered on int Tel. & Tel. account of the change-over of the Liggett & Myers "B" theatres, through the growing pa-Loew's Inc. pularity of cinema halle in the Co-National Biscult
Montgomery Ward lony. The carrying of the theatri-Pacific Gas & Electric. 21 {cal · parties · · accounted for a de Pennsylvania Railway |crease of over $40,000 last year. Radio Corp.
Bears Rochuck
ཙིཙི; ཊྛསརོདྡྷཛྫིཏྭཱ
བླླཡྻཐཱ་རིའིཀྑནཱ;
ིི་;རྟ།
71
101
30
(16.90
year.
WILD
THE
THE TWENTY-EIGHTH AN- NUAL GENERAL MEETING of Shareholders will be held in the Offices of Messrs. Dodwell & Co.,
DURING my temporary absence Ltd., on TUESDAY, the 4th of on leave Mr. H. R. ROWAN, April, 1988, at 8 pm, for the pur- ALAF.A.3., will be in charge of pose of receiving the report of the the South China Branch of the General Managers together with a Company.
statement of Accounts to 31st De- Įcember, 1982.**.*
(Sgd.) E. J. R. MITCHELL,
Branch Manager.
RAFT PROGRAMMES and for the Fourth Extra Race Meeting, to be
DENTRY FORMS
The TRANSFER BOOKS of the Company will be CLOSED from the 28th March to 4th April, 1983, both days incluëive.
'DODWELL & CO., LTD.,
General Managers. Hong Kong, 23rd March, 1983.
THE HONG KONG FIRE INSURANCE CO., LTD.
NOTICE TO SHAREHOLDERS.
"To revert to the accounts and in Standard Off Co. of N.J. 25% order to explain'in more detail the Socony-Vacuum Corp. 04 0% items leading up to the final result Union Carbide & Carbon 22% of the year's working I propose to Union Pacific
United States Steel give you a few comparative figures Westinghouse E. & M.. 23 with those for 1881.
"Total steamer earnings during 1932 are less by $77,766.81 than among the Assets to which you held on SATURDAY, 16th April, those obtained during the previous will note an amount of $46,993.67 1933 and MONDAY, 17th April,
has been added in the course of 1838 (weather permitting) may be) "Incorpo from Investments for the year under review. This obtained at the Secretary's Office, 1832 produced $9,356.88 less than amount represents cost of replace the Club House, Happy Valley, the in 1931: this reduction is almost ment and/or major repairs which Hong Kong Club, the Sports Club, entirely accounted for by the high- your architects have certified may and the Stables, Village Road. THE SIXTY-FOURTH ORDIN er rate of dxchange for sterling be capitalized.
Entries CLOSE at 12 o'clocki dividends collected on certain of "Although the matter does not NOON on THURSDAY, 6th April the Company's securities.
appertain to the year 1932, I feel 1988. "General disbursements, covering I should avail myself of this first
By Order, all items of expenditure in the opportunity to acquaint sharehold ers with the fact that, after pro- outgoings incurred in the running tracted and arduous negotiations, of steamers, have, as in former
your Chairman succeeded in con- m years, received the closest atten- eluding two Pool Agreements with tion from your Directors and a re- Chinese steamship owners operat |duction of $59,991,94 for 1932 will,
at form of wages, stores and usual
ོ་- ༦ཤྩ ༄།ཝཾ
$18.651
S
$271 271 27.80/65
China Busch......T
S'poreTractions{(.}/-]
H
(1)-
Jndustriala. Malabon Sugari .....$ Cald: Macg. Ord. Th.
Pref. Th
#1
TH
1101
KAN TONG PO,
Chlef Manager.
Caston Ices Cements (com.) ......$7.90
fold) -(new).....
16.
5k
191
THE
1.K. Ropes China Agriculturali
| AMERICAN EXPRESS COMPANY, Dairy Farmes
·INC.
Read Oos-65, Broadway. New York
-U.S.$8,000,000.00- 7.,:U.6.$1,837-382.04.
..W.8.#1,468,116.78
Capital Burplus Reveryon
BRANCHES
Menu Oncle
Branches of American Express Com pany in Principal cities of United Bimtes of America and Canada.
All sinases of Commercial Bankins Transactions undertaken.
-Stores, &c.
Watsons in
Der A Wings
Lane Crawfords.
Mackintosh ..... Sinceres Wm, Powells abo Wing On (H.K.) ...S "Miscellaneous), H.K. Amusements...) Ch. Entertainment...$ S. C. Exurprises
United Theatres... The
Macho "Greylounda Constructions: (old).
(new)...$
B.: Ind, G$ Bonds::$[6739 II.K. Gove, Loans.$ 19% Wallace Harper &Co.$ China Sports Lid 1953) ws
UPT
1320
.
we hope, be considered as extreme-ing both on the Canton and Macao {ly satisfactory. Price of Coal, run and they are calculated to do which represents the major cost of away with the detrimental effects your operating expenses, was high-of intensive competition that has er. I am pleased, however, to be in been so prejudicial to your best in
terests in recent years. a position to state that for the cur- rent year a new contract for Coal has been entered into showing a substantial saving:
Repairs To Steamers. "Repairs, to steamers and wharves amounting to $166,239,66|
"It is too early yet to prediet the
The report was adopted.
C. B. BROWN,
Secretary Hong Kong, 3rd April, 1938.
SHARE MARKET. The official summary of the Stock Exchange issued yesterday at 9.30 p.m.:—
A better undertone prevailed al- most throughout the entire list, with an upward 'trend.
ན་
The volume of trading, however et result of the Agreements was rather poor, this being due to which, it la hoped, might prove the reluctance of holders to part beneficial to the parties concern-with shares on the basis of the ed,"
[present levels,****
Sales Lane, Crawforda $4. Buyers - Hong Kong: Banka $1725. Canton Insurances $1875, Union Insurances, 4550. H. K. Steamboats $22. Benguet Consolidateds $194. Rauba $9,-***
The following directors were is an expenditure item that calla present: Sir Robert Ho Tung for particular comment. Charges (Chairman), Hon. Mr. J. P. Braga, for steamer repaira still remain Mr. M. K. Lo, Mr. C. A. da Roza, Mr. high in comparison with those R. K. Batchelor and Mr. L Tee raling prior to 1931, and certalu Fong, ter
heavy but necessary special re- Among the shareholders present pairs had to be carried out to your were: Messrs. H H. Lo, M. Fer vessels in order that they be main-nandez, Hung Teze Yee, Wei Tat, 15tained in a fit and proper condi- Lak Pak To, Kwan Yau Kwong and
tion for the Company's trade par-She Chun Sun. poses.
Sir Robert Ho Tung and Mr. "I can assure you that this very M. K., Lo were re-elected directors Important matter has and is ro for the coming year on the motion ceiving the closest supervision of Mr. Hung Taze-yee seconded by from the Company's Superinten- Mr. M. Fernandez,
16.80
,זי
dents and no unnecessary expendi: - Messrs. Lowe, Bingham and Mat- ture has, in any instance, been thews and Messrs. Linstead and Incurred.
Davis were appointed auditora for a "The smoant of 355,432.50 that further period of twelve months, on [it is proposed -- should be written the motion of Mr. She Chun-sun off value of steamers is the usual, seconded by Mr. Kwan Yau-kwong, 5 per cent of last book values and does not call for special comment.
"On referring to the Balance: Sheet you will notice, among Lia- bilities the Investment Fluctuation Account showing an increase dur- Ing 1992 af 726.08. Thiế The local dollar declined 1⁄2 on amount, as mentioned in the ac yesterday's quotation, being given at counts, not only includes the
lyga, this morning
amount added for share Investment but also
Treyar
DOLLAR FALLS AGAIN
Silver prices, spot- and › forward Investment soconsta also declined, spot being given
17% against 17:7/18 yesterday, and forward ng 17 3/16 sgainst 17
DUGGAN
rates on London And
Cross rater
Improved
H K & K Wharves $128. Providents (old) $4. Providents. (now) $1.40. Hotels $6,99.
Hong Kong Lands 871. Chinese Estates $95, ** Ewo Cottons Tis, 1127 Hong Kong Trams $21. China Lights (Old) $121⁄2” Telephones $277/2000 Cementa (Combined) $8:80. Dairy Farms $127.25 B. Ind G Bonds: 67%. - H.K. Govt.: Loans 6% Prem.
THE
HONG
KONG
PENINSULA HOTEL
HONG KONG HOTEL; REFULSE BAY HOTEL:
PEAK HOTEL
SHANGHAT
ABTOR HOUSE PALACE HOTEL
HOTELS.
LIMITA
Hotel
THE VIXENOUAL MEETING
of Shareholders will be held at the Offices of the undersigned on MONDAY, the 10th April, 1988, at Noon, for the purpose of receiving the Report of the General Mana- gers, together with a Statement of Accounts for the year ended the 81st December, 1932.
The following Resolutions will also be submitted to the Mooting: (1) "That as from the 1st day
(2)
"of January, 1983 the "remuneration of the Con. "sulting "Committee. be in- ""creased; from $16,000 to : "$24,000 per annum."
That as from the 1st day. of January, 1933 the ""remuneration of the Audi- "tors be raised from $1,250 "to $1,500 per annum for "each Firm."
The Share. Register and Transfer Books will be closed from the 27th farch to the 10th April, 1933; both days inclusive-
JARDINE MATHESON &
VECO, LTD,AK General Managers,
The Hong Kong Fire Insurance Co, Ltd.
Hong Kong, 20th March, 1988.
PAULINE DANCING AC
ACADEMY.
Latest Ball Room Dancing
Nightly.
New Lady Instructresses. - have now arrived. All the lateat Dancing Stepa taught. Classes Afternoon; Practice Nightly 8-12 Newly redecorated and many charming lights to lend enchant- ment to your pleasure.
IN ANKING'S THEATRE ELDG.
KARLOFF
1144
UNCANNY
HUMMY.