BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION.

Kathocles Caplie! ........

80.000.000 Immad and Pully Paidup manusia 36,800,000 Reserve Funda 2-

Berting is 6,200,DIE $10,000,000

Esseres Liability of Prepzieiors ---- 130,801,008

HEAD OFFICE; HONG KONG,

BOARD OF DIRECTORS --

W. H. Bell, Ruj.

T. 1. Paaren, Bag. Chalesman.

T. 24.1. šhaw, Evg.

Deputy Chairman.

S. H. Dodwell, Kaq.

1. Compton, Kay.

Hur, Mr. 54,8, Mackle,

AMGY

BANGKOK BATAVIA BOMBAY DALOUTT

CANTON CHEFOO COLOMBO

DALBEN POOCHOW

HAIPHONG

HAMBURG WAKKOW KARDIN MONGXXW

ILOILO

סוכרת

2011ORE

KORK

KOWLOON

ra, Miskin, Eng

Hon. Mr. J. J. Paterson,

1. A. Plummet, og

1. N. Kaply, Eng.

Ating Chle Monager.

KUALA LUMPUR

BRANCHES-

LONDGH

LYONE

MALACOA

MANILA

UAB (Johera,

MUEDEN

NEW YORK

TEIFING

PENANG

RANDOOR

BATOON

SAN MBA XOL800

BHANGHAI

SEXUAPORE

BOURABLYA

HUNGRI PATANI

TIENTATE

TOETO

TESTAO

TOKOHAMA

Currani Anouate oproed in Local Currency

and Pland Deposita raosired for one your o choric perioda in Leoni Currency and Burling on terms which will be quoted on application.

Hong Kong. 24th April, 19830.

HONG KONG SAVINGS BANK.

Chuu Sarbans af she above Bank la suaŭzokat Me RONG KONG AND SHANGHAI BANK- IX CORPORATION. Mas may be obtained

POR THE HONGKONG AND CHANOMAI JANKINS CORPORATEDX.

1. N. MURPHY,

Acting Chief Maunger, Hong Kong, 24th April, 1988.

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.

Bead Office:-Singapore.

Bong Kong Branch:-13. Queen's Ed. C.

Authorised Capital:

Straits $40,000,000,00.

Paid-up Capital:-

Strafta $10,000,000.00, Branches and Agencies in the princi- cipal cities of the world.

Every description of Banking and Exchange business transacted.

Chun Kek Hal

THE CHARTERED BANK OF -INDIA, AUSTRALIA & CHINA.

| Incorporated by Royal Charter, 1853.

HEAD.OFFICE: LONDON.

Paid-up Capital Reserve Fund

prietors

...£8,000,000

• • * • • • - - - - £8,000,000

.£8,000,000

Reserve Liability of Pro-

·Agencies and Branches':

ALOR UTAN

AMBITKAN

BANGKOK BATAVIA

BOMBAY GALOUTTA

· CANTON

DAWMPORE CAU DOLONBO DELHI HAIPHONG' HAMBURG HANKOW HARDIN

HORO KOTO

поп

HOLLO

KARAOHI

KLANG

FORN

KUUZZING

MADRAS

MAXILL

KKDAN

NEW YORK

PE:FIXⱭ (Takking

PKRANE

BANDOOR

BAIGON

SEMARANG

SHANOWIAT

SINGAPORE

SETIAWAN

BOUBABATA.

TAIPING

TIENTEIN

TOXOKAN (Blu ular)

HE CHINA

Commerce and Finance

H.K. Engineering And Construction Coy.

Smaller Profits Owing To

Loss Of Contracts

A falling off of $205,122 in the er than wood piles in the end, this value of contracts secured, combin-branch of the Company's business ed with severe competition owing will have to face sustained, com-

petition. to the fact that owners do not

"Comments on the Balance Sheet realise that concrete piles are cheap-may be confined to just a few re- Exchange and Generaller than wood piles, were the rea-marks only, since the statement

KUALA LUMPUR

Foreign

TENGTAO

TOKOYAMA

LANDGANGA

Banking business transacted.

Current Accounts opened and Fix-

quoted on application.

A. BREARLEY,

Manager.

sons advanced for the smallness of sets out in detail each Item on

EXCHANGES.

TO-DAY'S QUOTATIONS.

On demand'

On Shanghai---

On demand

On London-

T.T.

1/4/2

On demand

·2/47/2

4 months sight.

1/45%

Credits 4 months*

sight

1/53%

On New York

On demand

26%

Credits 60 days'

sight:

Nominal

On Paris--

On demand

585

Credits - 4 months'

sight

€28

On India

T.T.

91%

91

107%

110%

59 Nom.

69%.

57% Nom.

581⁄2

135

1/5/4

20

Nom. Nominal 3% prem.

On Kobe

On demand

On Binh_ On demand

On Singapore---

On demand On Batavia

On demand

On demand

On Saigon

ed Deposits received for one year or the profit made by the Hong Kong both the Liability and Asset sides On Bangkok

The amount of shorter periods at rates which will be Engineering & Construction Co., of the Accounts.

On demand Ltd., by the Chairman, the Hon. 536.768.85 standing against Sundry Sovereigns bank buy-

Debtors has all been collected Mr. J. P. Braga, at the annual gener- since the accounts were drawn up. Bar Silver per o2.

ing rate Hong Kong, 17th November, 1992. al meeting of shareholders held at The depreciation in the value of Bar Silver in Hon

the offices of the Company, this the Company's investments is a

Kong feature of the Accounts which hay Copper Caan THE BANK OF CANTON, LTD. morning.

The Chairman said:-"After al-to be referred to with some regret. Copper Cents lowing for Managing Directors' "The market value of the secur- Rate of Native In salary, Directors' and Auditors'jities has been further reduced terest {fees, and taking into account Bank since December 31 last. This de-Chinese Sub. Coin ... 30% dis,

and other interest earned and preciation...I think you will agree Hong Kong Sub. Colo par. Transfer Fees received, the profit with me, is one coincident with the for the year amounts to $3,256.09.fall in the prices of most local This amount together with the stocks during the period under re- carry-over from 1931 makes a total view.

Established 1912.

Read Office:-Hong Kong.

Authorland Caplin) (BL.A. Ovrrency) ...§11,000,000 Paid Up Caplied ---

Carlos,

BRANCKIER -

1,1), MENG

Bag, Hankow. Bengkok,

and Ben Frendana.

LONDON BÄNKRES 2-- The Lloyd's Bank, Limitað. CORRESPONDENTS

Is all princijal nilies of the World.

Foreign Exchange and banking business of stacy Kamarilion tracted.

Sada Depandi Dour (racious slane) să a panely mended of from 68 to 94).

LOOK POONG SHAN,

Chief Manager.

THE BANK OF EAST

ASIA, LTD.

Head Office: Hong Kong.

No. 10, Des Voeux Road Central. Established: 1918.

Authorised Capital Paid-up Capital Bererve and Undivided

Proits

Branches and Agencies:-

Penang

SAFETY FIRST!

3% p.2.

a successful conclusion.

necessary

WEDNESDAY, MAY B

NEW ADVERTISEMENTS.

HONG KONG COLLECTION - AGENCY,

NOTICE.

The undersigned will not be re sponsible for any contracts.and {documents all in respect of the Jabove firm: not signed by me.

MÁK PIN MAN.

MACAO RACES

· THE MACAO JOCKEY CLUB”

FOURTH EXTRA RACE MEETING,

SUNDAY, 7th May, 1933. First Saddling Bell at 2 pm. First Race at 2:30 p.m. Admission:-

To Members' Enclosure $2 To Public Enclosure 40 Cts.

GENERAL NOTICES.

NOTICE.

S from the 22nd day of April

to the National Bank Building, No. trance, Ice House Street, 2nd cor). 8A, Des Voeux Road Central (En

DENNYS & CO. Hong Kong, 22nd April, 1989.

A we have removed our offices

ATTENTION.

Your troubles will be over if you send all your accounts of any kind for collection to us. No risks-no loss. Absolutely safe.

HONG KONG COLLECTION AGENCY,

Alex. Bldg., Des Voeux Road, 1st Floor,

Tel. 27618.

Members MUST show their badges COMPANY MEETINGS to gain admittance. Ladies are! cordially invited to attend the Races without charge. No LADIES tic! kets will be issued. Tiffins, Tea & Refreshments will be obtainable at the Race Course at reasonable prices.

See Steamboat notice for special! sailings to Macao.

UNION INSURANCE SOCIETY OF CANTON, LTD. (Incorporated in Hong Kong.)

NOTICE TO SHAREHOLDERS.

OTICE IS HEREBY GIVEN

that

Not the ORDINARY YEAR-

PUBLIC AUCTION. LY MEETING of the Society will be held at the HEAD OFFICE,

HE Undersigned have received Union. Building, Hong Kong, on

or FRIDAY,

West Point.

1963 Pieces Lumber and afterwards at Godown No. 16,

o'clock a.m., for the purpose of receiving the Report of the Direc- tors and the Statements of A count to 31st December, 1982, and of declaring Dividends, etc.

The TRANSFER BOOKS of the Society will be CLOSED from 9th MAY to 26th MAY, Both Days inclusive.

By Order of the Board,

PAUL LAUDER,

General Manager,

Hong Kong, 1st May, 1933.

THE CHINA FIRE INSURANCE COMPANY, LTD. (Incorporated in Hong Kong.)

NOTICE TO SHAREHOLDERS.

TOTICE IS HEREBY GIVEN that the SIXTY-FOURTH CLUB.

ORDINARY YEARLY MEETING jof the Company will be held at its PROGRAMMES and HEAD OFFICE, Union Building,

for

the Hong Kong, on FRIDAY, 26th

THE HONG KONG JOCKEYNOTIC

DENTRY FORMS

tion to control sufficient resources in Auction order to carry out the scheme to

ON of $88,955.11, which your Directora TRADE IMPROVEMENT?

Saturday, the 6th. May, 1933 Franki Piles. recommend be carried forward to "Although trade has been badi

commencing at 11 am. "Besides the development of the 'at Godown No. 5, The China Pro- a new account.

fall round, we may entertain the| "You may feel disappointed at hope that in the ordinary cycle of large area of over 30 acres compris vident Loan & Mortgage Co, Ltd., the smallness of the profit for the changes an improvement may be led within K.I.L. 2667, the Company past year. The explanation for it looked for which will not only penditure in the renewal of its has to incur shortly a further ex- is that, as compared with the pre-make up for what we have ten Patent Rights for the operation of ceding year, there has been a porarily lost and that the margin Franki piles; the rights expire at; The China Provident Loan & Mort- falling off in the gross value of of gain will ultimately represent the end of June next, and your age Co., Ltd., Kennedy Town. contracts secured of $205,122, the an appreciation on the cost of your Directors have given notice of the 200 Pieces Lumber comparative figures being, för 1932, investments.

Company's intention to renew them.; 23 Picces Cotton Wood Logs $131,012, and 1931 $336,134.

"You will expect me to say a "Another pending capital ex Terms: Cash on Delivery, "Not only has there been sub-few words on the development of penditure will be stantial shrinkage in the aggregate (K.I.L. 2057. As will be seen from following

LAMMERT BROS., upon the removal contract values but competition the Balance Sheet, the sum spent of the Company's workshops

Auctioneers. has been felt with greater sever-funder this big scheme up to De-land depot on K.I.L. 524 on Chatham

Hong Kong, May 3, 1933, $10,000,000.00 (ty than during 1931. This is alcember 31 last was $288,351.68 Rond. The owners have sold this 6,698,600.00 feature of your Company's trading after deducting Instalments property and the Company was

SPORT NOTICES. operations which was commented jamounting to $12,518.10 received quite recently served with notice to 2,812,000.00 upon when I addressed you last in respect of two plots of land quit and deliver possession of the|

year. I then indicated the prob-sold within the area. No account land before" long.

Our present Ability of lean work in sight. has been taken of any profits that plan is to utilise a portion of K.I.L

Until owners realise that re-may accrue from the sale of these 2857 under development and front- inforced concrete piles are cheap-plots, as we are advised by the ing Prince Edward Road whereon Company's Auditors that we should to erect the workshops and garage. not count on profits until the whole This is only a temporary measure Sixth Extra Race Meeting, to be MAY, 1935, at 11.15 am, for the scheme is completed.

permissible under the Special Con- held on SATURDAY, 18th May, purpose of receiving the Report of "On the liability side of the Bal-ditions of Sale of K.L.L. 2667. and 1983 (weather permitting) may be the Directors and the Statements of ance Sheet there is no feature call. sooner or later, we shall have to look obtained at the Secretary's Office, Account to 31st December, 1932, ing for special comment except the around for suitable land for the the Club House, Happy Valley, the and of declaring Dividends, etc. addition of $3,000 to the General Company's workshops and depot. Hong Kong Club, the Sports Club,

"There can be no two opinions, and the Stables, Village Road. Reserve arising out of the proceeds

Entries CLOSE at 12 o'clock of sale during the past year of ob- think, that the insecurity of tenuro nolete plant written off.

of leased ground is not altogether INOON on THURSDAY, 4th May, "Reference may be permitted at satisfactory, besides being costly 1935.

By Order, this stage to a joint latter which with each removal. We must, there was addressed by 18 shareholders fore, anticipate the time when the and. received by the Directors on more economical course will be to April 19 last. The signatories repurchase the Company's own land

located on the Mezzanine Floor of

shares to the extent of 8,560 "Old" tingent buildings necessary for the

SHARE MARKET. Our New building is Specially shares and 40,260 "New" shares. Proper conduct of the Company's

business. In other words, a proportion of Constructed to provide all of

"In order to inspire constituents 8.56 per cent. and 10.39 per cent. these Important Qualities.

The Official Summary of the, You may obtain a Safe Deposit of the issued Capital, respectively. tracts which may involve more or yesterday at 3.80 p.m.

confidence when tendering for conHong Kong Stock Exchange issued for your own use at a very paying a dividend out of the pro- of conserving the Company's re again predominantly active to-day, OTICE IS HEREBY GIVEN Box in this most up-to-date Vault Ir the letter the desirability of

¡less large sums of money, the policy Lights, Hotels and Cements were AMERICAN EXPRESS COMPANY, Moderate Rental.

fite carried over from 1931 was resources. la one which the Directors and registered further advances- Inspection Cordially Invited. presented to the Directors.

consider should commend itself to "Under ordinary circumstances

The rest of the list remained! THE NATIONAL

shareholders' approval. --~ the Board might have seen fit to fall in with the suggestion for the pay that I have just stated your Direc Hong Kong Banks: $1,715,

Sales: COMMERCIAL & ment of a Dividend. It was with tors hope that shareholders will not Union Insurances: $815.

regret, however, that the Directors press their desire for the payment HK, & K. Wharves: $130. SAVINGS S BANK, LTD. replied to the shareholders that they of a dividend out of the balance car. K. Realties: $7.10. Corner of Ice House Street and saw no reason for reversing the de- ried forward from the Company's"

Des Voeux Road, Central,

Buyers.

Amay

Pelping

Batavia

Manager.

Bombay

Rangoon

Calcutta

Saigon

Canton

San Francisco

THE BANK OF TAIWAN, LTD. Haiphong

(TAIWAN GINKO.).

Hankow

HEAD OFFICE:-Taipeh, Formosa. P

Incorporated by Special Imperial

Honolulu Robe Kowloon

London Manila

Melbourne

Nagasaki New York Osaka

Vancouver

Yokohama

Correspondents in all principal cities|

of the World.

Charter, 1899.

Central Bank la Formons. Batur-Noise faroed &verage amount Yes. 48,000,000 | Paris

BRANDLES AND AGENCIES, JAPAN 1-Tokyo, Tokokamna, Koba, Quals. FORMOSA (Ulan, Tagh Karsals

Kakong Nante, Shinokiko, Talows, Isinan, Takno, Incaul, Tosu. Bailo, hello.

Amay CHINA 1-bang, Hankow,

Bestow, Cantos.

Foonbo

OTHERS :-Kong Kong, Singapore, Boers,

Bemarang, Batavia, Bombay, Londos, Mės York, Dalt

LONDON BANKERS,

Barnlays Beak, Lady Lloyds Bank, kold Midinad Bank, Lid, Westminster Bink, Lid

The Bank has Correspondenti is all the prinoljeć Commercial entree throughout the worlā.

HONG KONG BRANCH:

X.HAGURA

Manage

Dee Vour Bond Onches).

How Long Doember 24, 1981.

THE YOKOHAMA SPECIE BANK,

LIMITED.

Establlaked 1880.)

Capital (fully paid-up) Yen 100,000,000 Reserve Fund

Yen, 119,750,000

Head Offor:-TOKOHAMA.

Branches and Agencies at:

Alaxandria

Hataria

Berlin

Bombay

Calcutta

Canton

Nagasaki

Nagoga

Nawabwang

Bairan (Dalny) "'":

Wengtian (Mukde") Rangoon

Hamburg

Haskow

Harbin

Hong

Honolulu

Seattle

Semarang

Shanghai Singapore

Sourabaya Swatow Sydney

Taihoka Tientsin Tokyo

To Safeguard Your Valuables and Jewelleries, Deposit them in a Vault that is really:

FIRE - PROOF BURGLAR - PROOF DAMP PROOF! Our

Every description of Banking and SAFE DEPOSIT VAULT present a registered holding of for erecting Its workshops and con

Exchange business transacted. Loans grated on approved escurities.

Safe Deposit Boxes To Leot

KAN TONG PO,

Chief Manager.

THE

ING.

Head Office5, Broadway. Nav Tork.

Capital

.U.8.$6,000,000.00. Surplus ... ... 1.8.$1,833.882.04 Bazarves

.1.5.$1,458,116.7%

BRANCHES

THE MERCANTILE BANK OF INDIA, LTD.

·HEAD OFFICZ.

IK; Genonsburo Biasol, London, Rēd Authorised Capital

$42,000,000 Babaeribad Capital 1,800,000 Pald-up Capital papan

,1,050,000 Reserve Fund & Rest 1,246,788

The Bank of Magines #3Midland Bandų, Zal.

New York

Qualca

Parla Palping

Rio de Janeiro San Francisco Bestia

Other

Semarang

Branches of American Express Com pany in Principal cities of United States of America and Canada.

Bombay

Kandy bg, Pors Decla Karch

(Maritima) Kala Baarn Do Kuala Kápia Park, Khanalul

Delhi

All singson of Commercial Banking Transactions undertaken.

kaya

FlowrakTM

· Kuarian (Fibong? "Slogapuro" Kro Lock

HONG KONG, BRENOM,

Bearsbags

Katzking

KALYERS Karachi

--Shanghai

Shimonssali

London.

Los Ang Manfía

Interest - allowad

Deposits received for fixed periods at rates to be obtained on application

HAMOEL

Hong Kong, 11th March, 1988.

Parsons] - Investment ancnunts

The Company offers to inte Travelers the use of its("Traveler" Choques") and Letters of Credit and, in addition," the worldwide lawrylom of its theroughly equipped Travel: DE:

E. W. DUGGAN

C. B. BROWN,

- Secretary, Hong Kong, 1st May, 1988,

"For this and the other reasons quietly steady

elsion taken at the Board meeting profit. Your Board is of the opinion Canton Insurances: $1,360 when the final Accounts for 1932, that any step to force an issue on HK. Fire Insurances: $250. were considered, not to declare this point is infmical to the best Douglases: $32. dividend in respect of the year 1982 Interests of the Company?

No Dividend, y

Benguet Consolidateds: $24. The Chairman then proposed the Providents (Old): $8.85. "It was after considerable de adoption of the accounts, which Providents (New): $1.80. liberation and much thought that was seconded by Mr, M. A. Figueire Hotels: $6.80. -- your-Directors reached the conclu- do, and passed unanimously.

H.K. Realties:: $7.10.2 sion that it would be inadvisable to Mr. Lo Cheung Shlu, and Chinese Estates; $95.---- recommend a dividend." We hope Mr. J. Scott Harston, were re-elect Hong Kong Trams: $21, that for the reasons and in the cited directors on the proposal of Mr China Lights (Old); $12.10. cumstances that I am about to state. M. H. Lp, seconded by Mr. H. J, M. HK. Electrics: $72, --- you will agree that the decision is a Figueiredo. She

Telephones: $27.720

The TRANSFER BOOKS of the 9th MAY to 26th MAY, Both Days Company will be CLOSED from

inclusive,

By Order of the Board,

PAUL LAUDER,

General Manager.

Hong Kong, 1st May, 1933.

ĮBRITISH↓ TRADERS INSURANCE COMPANY, LTD. (Incorporated in Hong Kong.)

NOTICE TO SHAREHOLDERS.

N

that the SIXTY-SEVENTH ORDINARY YEARLY MEETING. of the Company will be held at itis HEAD OFFICE, Union Building, Hong Kong, on FRIDAY, 26th MAY, 1933, at 11.20 a.m., for the purpose of receiving the Report of the-Directors and the Statements of Account to 31st December, 1932, and of declaring Dividends, etc.

The TRANSFER BOOKS of the Company will be CLOSED from) 9th MAY to 26th MAY. Both 'Days inclusive.

By Order of the Board,

PAUL LAUDER,

General Manager.

Hong Kong, let May, 1983,

correct one especially since we Mesars, Lowe, Bingham, and Mat Cements (Combined): $6.90. should otherwise be placed under thews were re-elected auditors at Watsone's $831⁄2 the necessity of making an early a fee of $800 per annum on the pro- Lane, Crawfordsf $4.45. Call on the New Issue shares,posal of Mr. J.M. K. Alves, second- ILK, Govt. Loans: 4% Prem.

"We are, as you are all aware, de ed by Mr. A. H. Basto finitely committed to the expand-The following directors were Union Waterboats $15.

MARC Bellers,:? ture of $600,000 In the Company's present the Hon. Mr. J. P. Braga Wm. Powells $21 undertaking to comply with the (Chairman), Mr.J. Scott Harston, Bony Sagiption of Banking and government requirements In rela and Mr. Lo Cheung Shlu.

gueiredo, H, I, M. Figueiredo, M. H. Bun tion to KLL. 2657. Levelling and The secretary was Mr. B. Alves. Lo, Yeung Yau, M. C. Braga, H. Bra- afte formation the frst stage of Other officials of the Company pre- ra, A. H. Basto, J. M. M. Alves, W. the schemels progressing antis, sent ware; Mr, A.-R._F_Raven, A. Zimmern, Chos Po Hin E factorily. Both in point of time general works manager, and Mr. M. Stuart Smith, ME. Lo, Horace and cost Engineer's estimate HI-Turner, solicitor, for the Come To A. M. Bragi, Chan Kam Moon, It should pay Bush A. Alyas, H. B. Sequoiès," J, M, Pre Manager not be difficu

to realise

Among the shareholders present Braga, FL. Bilya, A. C. Greaves, that the Company must be in a post- were: Messrs. J. Gould, MA. Fl- and J, M. N. da 811

stes and Executorships unde

ST. B. ROSS

Hon Lon

2nd

1988

GREAT SUMMER SALE NOW ON.

Helmets from $3.50 up to 521:00

¤ All loss 20% discount

all kinds of Shoes from $12.50 up to $24.50.

YEE HING

TOMEY & CO,) 62. Des - Voeux Rosd. C.

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