BANKS
HONG KONG AND SHANGHAI BANKING CORPORATION.
Suthorland Capital
leroad and Felly Paid-up
Beterra Fundu :—
Ebeling AM A
..$50,000,000
- 31,000,000
€ 6,000,000 -- $10,000,PE
Berry Liability of Propriators..... $30,000,008
HEAD OFFICE, HONG KONG.
BOARD OF DIRECTORS —
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.
Incorporated by Royal Charter, 1855.
HEAD OFFICE: LONDON.
4. E. Touros, Zat. Chairman.
A
Depely ChatrounNG
AMRITSAR
BANGKOK
T. II. R. Shax, Esq.
W. It. Hell, Kat.
Hon. Mr. J. J. Falermo.
A. 11. Compton, Zaq. J. A. Plato, ag Hats, Mr. C.B. Mackin. J. P. Warren, Eng,
4. Miskin. Eng.
V. M. Omybarn, Kaji
Chief Manage
ERANCHES 1-
LONDON
Agencies and Branches:
ALOE STAR
BATAVIA BOMBLY
CALOUTTA
CAKTON CAWKTOLE UKNO
OGLAN BO DELEI HAIPHOKO НАМИСНО
FUNKOW
Костко
MADELS
MAKILA
MEDAN..
NEW YORK
PENANG
BANOOOK BAIGON
BEVILANG
ANOT
BANGKOL
BATAVIA BOMBAY
CALCUTTA
CANTON
CHEFOO
DOLOMBO
DAIREN POOCHOW HAIPHONG
MONⱭKEW
HAMDUBO
HANKOW
HARDIN
ILOILO
Iron
JOHORS
KORE
KOWLOOK
KUALA LUMPUR
LYONE
MALACOA
MANILA
MUAR (Johor)
MORDEN
NEW YORK
PELPING
PEKANG
BANDOOK
BAN FRANCISCO
BATOON
BUANOBLI
SINGAPORE
SOUKABAYA
HUNGRI PATANI
TIENTELN
TOXYG
TRINGTAD TOKGBAMA
Current Acreuats opened in Local Curry sud Fixed Deposita received for one yoke or corter perioda la Local Currency und Berling on sarma which will be enolol on applientiem
Hong Kong, 25th February, 1983.
HONG KONG SAVINGS BANK.
For Buizer of the spers Band la caminaved the HONG KONG AND SUAMOHAY SANK Bylos y be abilnad LIG CORPORATION,
FOR THE BOXOKONG AND. AMANDMAJ
KING CORPORATION.
V. M. GRAYIRUNX,
Chant Maunger.
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, Ltd.
Head Ofice:Singapore,
DOTH
KUALA LUMPUR
Foreign
YOKOHAMA
Banking business transacted.
EXCHANGES.
THE CHINA MAIL.
and
Commerce
Finance
GANDE PRICE DIRECTORS CRITICISED
(Continued from Page 1.),
:
MONDAY, APRIL 10, 1933.
Large Assets Of H.K. Fire Insurance Co.
GENERAL NOTICES.
COMPAGNIE DES MESSAGERIES MARITIMES.
AFTER the
AND EXTRAORDINARY MEETING 0 APRIL, 1953, MP PAYRAS
R OHL
Agent.
Hong Kong, 6th April, 1938.
CHINA SUGAR REFINING *COMPANY, LIMITED. (In Voluntary Liquidation).
TOTICE IS HEREBY GIVEN.
Nthat's First & Final Dividend
!&
sometimes thought that Iusurance Companies can flourish no matter At the extraordinary meeting will take charge of this Company's what the state of trade generally the Chairman said :—“We have felt Local. Agency. but I can assure you. that, it is not for some time that the price to |so, and that no one feels the draught which our shares have risen is
more quickly.
possibly detrimental to the true in "Shrinkage, both in the volume terests of the Company, by reason land value of Stocks, and the constant of the fact that it must necessari- Business, Retained
reduction in rates, are factors that ly restrict the number of share- "Our business on the harbour has affect us just as vitally as doos bad holders. The proposed subdivision not diminished, rather we have re-trade the Merchant. In addition to will have the effect of gradually ||tained our orders, and the number the foregoing, depressed conditions widening the field over which our of ships served has materially in- accentuate losses as is shown by the shares are distributed and so în creased. On land also, business increase in our ratio from. 49.82% crease the number of persons in that had previously been neglect in respect of the year 1930 to 54.03% whose interest it is to support the
for Return of Capital at the rate of ed, that is, the Clubs and Hotels for 1931, the period now under re- Company's activitica, of the Colony, has now been sought view.
"We therefore recommend the Sixty-Three Cents per Share has and obtained, and you will be The balance at credit of Working subdivision for your approval, as been declared in the above matter. The Dividend will be paid at the pleased to hear that most of our Account for 1982, after twelve we have every confidence that it more important agencies, especial- months working is $496,108.54 as will materially assist in maintain Offices of Messrs. Lowe, Bingham Matthews, Mercantile Bank ly John Haig Whisky, are now on compared with $624,295.67 for 1931 ing the present prosperity of the
Building, 7, Queen's Road Central, sale in practically every Club in at the same stage, a decrease of $28, Company." the Colony.
127.18. With further twelve With regard to the Articles of on or after 21st April, 1983.
Dividends unclaimed by the 21st "With regards to the Accounts, months yet to run, it is difficult ac- Association, a revision has been the trading profit for the year un curately to estimate the final result somewhat forced upon us by theOctober, 1833, will be lodged with Taels Nom, der review was 63,482.12, but after but I anticipate that it will be round new Companies - Ordinance, which the Official. Receiver to whom ap S'hat $1064 deduction of $24,826.04. arising about the figure of the Account that comes into force on July 1 next. Plication for payment should be through the defalcation of the we now have under consideration. The Articles have therefore been made after that date. Japanese Harbour runner, there is: The surplus to be dealt with at amended so as to comply in all left a nett loss of $21,343.62, which this Meeting is $589,880.66, the barespects with the provisions of has to be. deducted from
lance of Account 1931, and we re-this new Ordinance and, in addi balance of $26,942.93 brought for- ward from 31st December 1931, commend the payment of a Dividend tion, certain alterations have been leaving $5,699.31 at the credit of of $50 per share, the same as for the made so as to ensure the more two preceding years, together with convenient working of the Com- Profit and Loss Account
Jan Exchange Bonus of $5 per share, pany. "In the circumstances, your
"I now propose the following re- directors recommended that no making in all $55 per share, which dividend be paid, but that the Fro-Will absorb $440,000 and the transfer aolution: (1) That the existing fit and Loss Account balance of of the balance of $143,830.56 to Rein- 8,000 shares in the capital of the COMPANIES ORDINANCES 1911
Company of the nominal value of $5,599.31 be carried forward to surance Fund.
$250 each, upon which the sum of Inext account.
Flourishing Reserves
$100 has been, paid up, be divided. "Turning to the Balance Sheet it into 40,000 shares of the nominal will be seen that all our Reserves value of $50 each upon which the are in a flourishing condition, in sum of $20 shall be credited, as fact I think we have cause to congra-paid up."
|Paid-up Capital
Reserve Fund
Reserve Liability of Pro-
pristora
..£8,000,000 .£3,000,000
£3,000,000 On London--
T.T.
· TO-DAY'S QUOTATIONS.
On demand
1/3% 1/8%
4 months' sight... 1/31⁄2 Credits 4 months'
sight,
1/4
PRIPING (Poking!
On New York-
On demand
22
Credits 60 days'
KEREMBAN
sight
23%
BUANOKAI
SINGAPORK
On Paris-
HLANDIN
SITIAWAN
On demand
DONG KONG
BUURABAYA
ILOILO
TAIPING
TIENTSIN
KABACILI
TONOKAIK (Thzik.pes
Credits 4 months'
sight
55734
6972
ILANO
TRENOTAO
On India...
TOBA
BAMBOANGA
T.T.
85%
Exchange and Gentral
On demand
85%
On Shanghai----
On demand
On Kobe
Ou demand
101%
·
On Manila-
On demand
44
LTD. On Singapore-
On demand On Batavian
55%
►
Established 1912.
On demand
54%
Head Ofce-Hong Kong.
On Saigon-
On demand
55%
On Bangkok--
On demand
145
Ing rale
1/4/% 17
Bar Silver in Hong
Nominal Nominal
1% prem
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
THE BANK OF CANTON,
Authored Caplial (B.K. Ourrency)[email protected],000 Paid Up Deplial moment
BRANCHES
Casion. Bhanghai,
Hankow, and Sen Franco. LONDON BANKEBB :.. The Lloyd's Bank, Limited, CORRESPONDENTA
Je ali prind; së vition of the World.
Foreign Exchange and backing bui
aray moripilos suenced.
1,150,000 Sovereigns Bank buy-
tangkok,
Bala Depo Bozas (racious siswa) at » pusely -satel of "from $5 to $40.
LOOK POONG SHAN,
Chief Manager.
THE BANK OF EAST ASIA, LTD.
Head Office: Hong Kong. No. 10. Des Voeux Road Central. Established: 1018.
Hong Kong Branch:-13, Queen's Rd. C.Authorised Capital
Authorised Capital:-
Strafia $40,000,000,00.
Strafta $10,000,000.00.
cipal elles of the world.
Every description of Banking and Exchange business transacted.
Paid-up Capital
Penang
Rangoon
Saigeo
Bar Silver per az.
Kong
Copper Cash
Copper Cents
Pate of Native In-
terest
H.K. $100
8% p Chinese Sub. Coin 30% dis. Hong Kong Sub, Con nar.
NEW YORK STOCK EXCHANGE
A.O:F.C. Quotations.
New York, Saturday. Dow Jones Averages.
Last To-day's Changes, Aver. Aver. 130 Industriala 88.78 59.30 .62 up
184 up
2,812,000.00 20 Rails.24.52 25.00 .48 up
$10,000,000.00 5,598,000.00
Paid-up Capital:-
Reservo and Undivided
Profita
Branches and Agencies in the princi-
Branches and Agencies:-
Amoy
Peiping
Batavia
Chun Keb Bai.
Manager.
Bombay
Calcutta
Canton
(TAIWAN GINKO.)
READ OFFICE:-Taipeh, Formosa.
Haiphong Honolula Koba Kowloon London Manila
Seattle
Semarang
Shanghal
Singapore
Sourabaya
Swatow
Sydney
Melbourne
Taihoku
Nagaraici
Tientsin
New York
Tokyo
Osaka Paris
Vancouver
Yokohama
THE BANK OF TAIWAN, LTD. Hankow
Incorporated by Special Imperial
Charter, 1899.
San Francisco
the
"In conclusion, I sincerely trust that our next Balanco Sheet will be very much better."
Mr. Bond's Questions
В
At the conclusion of his speech, tulate ourselves on the satisfactory The motion was seconded by Mr. the Chairman proposed the adop-showing made by our Investments. Ho Leung, and carried. tion of the accounts. This was Our Assets show increases over last
seconded by Mr. D. Rumjahn,
carried unanimously.
and year's figures, as expressed in Ster.
|ling of £26,000 and in Silver of op- reproximately $1,700,000.
:
JARDINE MATHESON &
CO., LTD. JOHN FLEMING, C.A. Joint Liquidatora. Hong Kong, 5th April, 1939.
IN THE MATTER OF THE
AND OF CHINA SUGAR REFINING COMPANY, LIMITED,
(In Voluntary Liquidation).
TOTICE IS HEREBY GIVEN
ing of the above-named Company will be held at the Offices of Mesars, Jardine, Matheson & Co, Ltd., Pedder Street, Hong Kong, on (Saturday, 20th May, 1933, at 12
DOG'S FIGHT WITH o'clock noon, precisely, for the pur-
MONSTER
SHARK.
Many Watch Thrilling Spectacle.
HALF-HOUR BATTLE.
Durban. Tony, a cross-bred Collie-Spaniel,
pose of having the account of the liquidators, showing the manner in which the winding-up has been conducted and the Property of the Company disposed of, laid before" such meeting and of hearing any explanation that may be given by the liquidators and to pass the following Extraordinary Besolu- tlon, viz-- "That the Books, Accounts and
Mr. C. Bond then rose and marking on the defalcation of the
"It will be noticed in particular Japanese harbour runner, said: **This went on over a period of that the Investment and Exchange several months. Why were no Fluctuation Account discloses an steps taken by the directors in the increment of £65,340.1.2 or, as ex matter? Two accounts were out-pressed in local currency, $1,121,- standing against reputable firms in 246.13, This is due to the very Hong Kong. It should have seem- considerable appreciation of our ed strange to the directors that Sterling Investments and I feel these firms should leave their sethat, in this connection, I should counts unpaid over a period of make mention of the great assist- eight or nine months."
ance that your Consulting Commit- 20 Utilities .10.49 10.83
The Chairman replylug, said, tee afford the management in the has become a hero among Natal <
fishermen for his recent daring 40 Bonds....73.02 78.00 02 down "Mr. Pank, the late managing way of sound advice; it is no easy
Messra. E. A. Pierce & Co. Re-director, did bring the matter be-matter to handle the finance of shark hunt,
With the Umkomaas River · in port: The market looked encouraging fore the directors until too late. even a small Company such as this' during the last hour, leading to the It was your duty, as manager, to in these difcult times and I per- spate a tribe of sharks, led by a conclusion that the trading position have notified the managing direc-sonally feel indebted to them for monster, paraded in the discolour- on the "long" side will be maintain- ed. Wheat opened
led water immediately north of the¦. ned easier but rallied tor.
the support they give mo later, and sentiment was bullish. Col.
"I trust you will approve of the river mouth. From the beach Tony ton prices moved within a narrow notice of the managing director. It usual bonus of 15 per cent. on watched the procession and then range. The tone of the market was is strange that the directors should their salaries being granted to the without warning rushed into the steady, with increasing interest dis- played. Silver prices ruled lower on have trusted the Japanese, without Staff who have worked well dur-water and swam out to commission house liquidation, Market securing a bond of some kind from ing the past year. closed steady. Business done: 440,000 him. The directors had been Ishares.
Mr. Bond-"I did bring it to the
a shark.
Documents of the "Company and of the liquidators thereof be retained by Measra. Jardine, Matheson & Co., Ltd., they undertaking to destroy., the same at the expiration of Five Years from the Dissolu- tion of the Company.”
JARDINE, MATHESON & CO., LTD.
JOHN FLEMING, C.A.. Joint Liquidatora.
The monster saw Tony and disap- peared. Then a fin rose out of the Fees Increased.
water and bore down on the dog warned against him when engage Price Prising him, but had ignored the war-which I have to bring to your at awam out to meet It.
"There are two further matters and Tony, paddling frantically, Hong Kong, 5th April, 1985.
tention, though already advised to
·At a few feet from the impact
Ari
COMPANY MEETINGS
Neglect Charged
have you by means of the Notice con the shark sheered to one side and neglected their duty," continued vening this Meeting; the first be-sank out of sight, but again it ap ing the suggested increase in
peared and again. Tony made Mr. Bond, "they are not justified in Directors' fees from $2,000 to attack. So the fight went on for DOUGLAS STEAMSHIP CO., LTD. accepting their fees."
annum (totalling half an hour, the shark shooting| The Chairman; "I am sorry Mr. 224 Pank not here."
Last To-day's
ing."
57
$776
Allied Chemical & Dye 80%
81%
58
587%
"I think the directors
American Smelting .... American Tel. & Tel. American Tob. "g""
17%
17
81
921⁄4
61%
€24
Anaconda Copper Mining Auburn
384
344
Borden Co.
22%
Canadian Pacific
KAN TONG PO;
Case
Chlef Manager.
Motors
THE
Consolidated Gas of N.Y, 40% 83% Drugs, Inc Du Pont de Nemours. 851% 37 Eastman Kodak
49/ 50%
7%- 45 10%
247
the guts, I suppose."
11
·41% 34
12
18
12
13%
20
27
124
Daniel Bank in Form
Lack-clo mad Average staoont,500,000 DRANONES AND AGENCIES.
SAPAN —Tokys, Jokohams, Lobs, Das. FORMORA¿---¿Hran.
Fenc
Karecko, Lluna. Making Nanto, Shinshika. Talchs, 7 Takes, Tamul, Toen, also, Full CHINA-boghal, Hankow, A.07.
Awalow, Cantos. OTIINKIS:—ong Kong, Klompers, Beersbaya,
Semarang, Balaria, Bombay, London, Han | Tork, res
LONDON BANKERS :
Barclays Bank, 14d., Lloyds Bank, I Kidland Bank, LAD, Wertminster Bank, Ind.
The Dock kos Currepondente in all the peisolpa! Opomercial Denteve throughout the world
tdng rong tre.
1. NAGURA,
4, Dee Faux Bond Central,·
Hoeg E. Daouther M, 1981.
THE YOKOHAMA SPECIE BANK,
Air Reduction Correspondents in all principal elties American Can of the World.
Every description of Banking, and Exchange business transacted. Loans grated on approved securities.
Safe Deposit Boxer To Let.
AMERICAN EXPRESS COMPANY, Electric Bond & Share
LIMITED.
Manager
INC.
Head OfBos-65, Broadway; New York.
Capital
·U.S.$8,000,000.00
Búrplus Reserves
General Electric.
General Foods
General Motors
Gillette Safety
Int Harvester
Int Harvester (Pref.) Int. Tel. & Tel,
Liggett Myers "B
U.6.$1,583.82204|Loew's Inc.
....1.8.$1,458,118 gomory Ward.
Pacific Gas & Electric
BRANCHES
Yen. 119,750,000
Amatordom
Glonas
Mangow Elavan
Hame Leterlaksa
Established 1850,
Capital (fully paid-up) Yen 100,000,000 Reserva Fund
Hand Offee-YOKORAMA,
-Branches and Agencies at:
Nagoya Newchwang
New York
Osake
Alexandria
Berlin
Üstavia
Bombay
Nagasaki
Calcutta Canton
Paris Feiping
Dairen (Dalny)
Fangties (Mukden) Rangoon
Hamburg
Hankow
Harbin
Homolain
Hainking
Karachi
Landin
· Los Angeles
Interset allows
Bio de Janeiro
·San-Francizos
Seattle
Semarang
Shimonoeski Blagappre Bourabaya
Deposits received, for fead
«1 tubes to be obtained an applie
EL-MORL
Hong Kong, 11th March, 1933.
Bremen
Buenos Aires Claire
Lagune
Destin
Montespear
$3,000 Per $24,000 against $16,000 48 pre-away from each attack until Tony THE ORDINARY · GENERAL ank is the am 1: He had not viously), and the second the rais-shot suddenly forward when the MEETING of the Rot
"ing of the Auditors' remuneration ash turned broadside ́ ́op.
lers in the above Company will be After these remarks Mr. Bond from $1,250 to 81,500 per annum. jaws closed over the great dorsal held at the Company's Office, P. & "In spite of the fall in exchange fin. There was a flurry of white 0. Building on WEDNESDAY, sat down and the ordinary business
the Members of your Consulting foam and the big shark wrenched of. the meeting was continued.
It was proposed by Mr. B. Phil-Committee have received no in itself free. Tony was satisfied. April 19th, at NOON, for the pur- lips and seconded by J. N. Wong, crease in their fees since the year He swam slowly ashore. Crowds pose of receiving the Report of the General Manager together with a that Mr. Wong Sik-cheong be re- 1921 and, in view of the fact that watched the thrilling spectacle. Statement of Accounts to the Bist 12% elected a director of the Company. the Company's Assets have moors-Reuter. 121% 12%
Messra. Lowe, Bingham and Mat- than doubled during that period, I 23% 20% thews were re-elected auditors on think you will admit that an in-
911 the motion of Mr. Wong Sik crease is fully justified. The ad-
December; 1982, *
624 Cheung, seconded by Mr. Leung dition to the Auditors' fees of $250 WALKERS MUST NOT to 19th April, both days inclusive
11 Yan-po.
91
6%
60%
11%
18%
14
Blacuit
37
20
Pennsylvania Railway-
16
Radio Corp.
Seara Roebuck
Standard Oil Co. of NJ, 27
16% 844 17% 184
20
(per annum, for each Firm,' mere-
The directors present were: Mr. ly brings their remuneration up to Kenneth Chan (President), Mr. the figure paid by other Companies Leung Yan-po, and Mr. Wong Sik of our standing. cheung.
OFFICERS RE-ELECTED
BE TALKERS.
New Pedestrian Rules For Lisbon.
Lisbon. Pedestrians will not be allow- ed to talk while crossing the
The Transfer Books of the Com- pany will be closed, from 14th April
DOUGLAS LAPRAIK & CO.,
General Managers, Hong Kong, 8th April, 1988.
GREEN ISLAND CEMENT COMPANY," LIMITED,
The shareholders present includ· The adoption of the accounts was ed; Mesars, Chan Tang-sang, John then proposed by the Chairman, se- Bocony-Vacuum Corp./V 614 Union Carbide & Carbon 28% 21% Fleming, L. P. Phillips, D, Rum-conded by Mr. Lo Cheung Shiu, and
N. Wong carried unanimously, a Union Pacific
62 68% jahn, C. Bond and
TOTICE" IS HEREBY GIVEN The re-election of the Consulting street if new bye-laws, framed by N United States Steel 2014
30% (Bec.)
that the 44th ORDINARY Westinghoons E, & M. • 25% 25%
Committee was proposed by Mr. Isa special commission on street,
{ANNUAL MEETING of SHARE- Feld.
8. Greenhill and seconded by Mr. D. accidents here, are passed." V. Steavenson,
Neither will they be allowed HOLDERS will be held at the offices of the Company, Exchange Building, Des Voeur Road Central, Cross the street diagonally Victoria, Hong Kong, on TUES
slowly
|DAY, the 20th day of April, 1985, Cross the street at cross at 11.30 am. for the purpose of
roads
receiving a statement of accounts Stand on the edge of the pave and the report of the Directors for ment or on street Islands, the year ended 81st December, unless waiting for s tram: 1982.
SHARE MARKET.
**Buyers. Hong Kong Banka: $1,725. Canton Insurances: $1,800,;
The Official Bummary of the Douglasen #3234. Branches of American Express Com Stock Exchange Issued on Satur- Benguet Consolidateds: $20. pany in Principal cities of United day at 20.80 TA
Benguet Explorations: 20 cents. |States of America and Canada.
All sinases of Commercial Banking Transactions undertaken.
handled.
The Company offers to Infanding #Travelers @theuss: of ita - CTra
and Letters
[In addition; tha owo
of Its thoroughly equij partment,
A very uninteresting, morning, HK & K. Wharves: $18011⁄2. jexcept that investment securities Hong Kong Lander $72%- [would, seem to becoming into Chinese Estates: $95, {favour" once again.
Union Insurances; $562/;/78560, H.K. Steamboats: $22 Benguat Consolidatade: $19. EK & K Wharves: 131/181543 Hong Kong Land
Hanr Tong
China Light
{Dairy Fai
(Continas
#724
/2L
818-20%
Ewo Cottenst TK 117. China Lights (Old) IZ |ILK, Electrica – $712 Macão Electrics: $25 |Telephones; $21,20, §---
Cements (Combined) :: 67,05,— Constructions: (New); 90 centa, |B. Ind., G$ Bonda; 683⁄41⁄2.c
KLK. Govt. Loans: 4%%% Prém-
foot sart Column) China-Lights (Old): $12.20
The re-election of Mesars. Lowe, to:---- Bingham and Matthews and Messrs. Percy Smith Seth and Fleming as auditors for a further period of twelve months, was proposed, by Mr; Ho Leung, and seconded by Mr. M. H. Lo
The following members of the Consulting Committee were present: MP JJ, Paterson,”; Mr. C. Brown, Mr, A. H. Compton, BF lix A, Jose MT. E. Pearce and Mr.A:H, White, ar
Among
shareholders, present
· F. II/ Crapnell. M.
Cheung Shit Ho
Mon, M-H Leung L
"A" B. Stavert and 3, Fleming,116)
Walk straight from a doorway THE TRANSFER BOOKS of the across the street without Company will be CLOSED. from pausing at the edge of the THURSDAY, the 18th April, 1988, pavement to see if the to TUESDAY, the 25th April, 1988, road fr clear than
"both" days: Inclusiva, zalo The? commission has reported that the majority of creet accl- is caused through the ness of pedestrians
have been dra
By Order of the Board of ASSA Directo
Hong Kong, 4th:
bril, 1982: