:

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION.

Liscrimed Capital ............. Lowed not Paliy Kaling ment

Serve Fundac

Mowing

Reserve Lisbility of Propchelora

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

Incorporated by Royal Charter, 1853.

HEAD OFFICE: LONDON.

& 4,200,200

~ $14,000,000

6,101,600

Paid-up Capital

Reserve Fund ................

.£3,000,000 .£8,000,000

Reserva Liability of Pro-

pristoes

43,000,000

HEAD OFFICE: HONG KONG,

BOARD OF DIRECTORE (—

W. 3. Bell, Rag

TE Tarot, Bag.

Chaleman-

T. II. 1. Bhan, Kag.

Deputy Chaleman.

1. Makia, Zaq..

1. 15. Dodwell), Esq. Hon. Mr. J. J. Florian.

& IL Opion, Saq.

on-Mr...B. Mackie.

AMOT

BANGKOK BATAVIA BOKHAT

CALOUTTA CANTON DERPOO COLOMBO DAIBEN FOOCHOW

HAIPHONG

HAMBUNG

HANKOW

(LARDIN

КОМОКИМ

HOMA

ГОН

JOHORE

КОВЕ

KOWLOOK

J. A. Panamar, Rus

1 N. Marpby, Esq.

Acting Chial Manager.

KUAL LOKTUB

BRANCHEN-

LONDON

LIOK

MALAODA

NAKILA

MUAB (Johorn)

NUIDE!

NEW YORE

PEIPINO PERANG

KANGOON

BAGON

BAY FRAKCI800

BHAKOMAT

BINGAPOR

NOURABAYA

BUNOZI PATANI

TIENTSIN

TOITO

TGINGTAO

TOKOHAMA

Correct Acouple opened to Lose One

and Fixed Deposit reclved for on FM N chockar parlede la Loon! Currency and Berlag an karta which will be quoted on appleton. Hong Kong, 24th April, 1981.

HONG KONG SAVINGS BANK.

The Best of boy shera Bank is menésatel

vy the NONG KONG AND BHÄNGKAT MONT- TES CORPORATION.

applaatina

YON THE HONGKONG AND SMAKOWA) SARKING 00RPORATION.

1. N. MURPHY,

Acting Chief Manigıtı

Hong Kong, 24th April, 1983,

OVERSEA-CHINESE BANKING. CORPORATION, LTD. (Incorporated in the Biralts Bettlement) SUCCESSORS TO

The Ho Hong Bank, Ltd.

The Chinese Commercial Bank, Ltd. The Oversea-Chinese Bank, Ltd.

Head Oße:--Singapore.

Hong Kong Branch:—13, Queen's RL. C.

Authorised Capital:-

Stealta $40,000,000,00,

Paid-up Capital:-

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

Every description of Banking and Exchange business transacted.

Agencies and Branches: -

KUCHING

MADRAS

ALOE STAN

AMRETRAN

·BANGZOE

MATAVIA

MAKHLA

1

ROMBAY

CALOUTTA

CARMY

CAWKTORR ORBE

ΣΤΗ ΤΟΥΣ PRIPING (Poking) PEKANO

BANGOOS

COLOMBO

WILA

JENARAYO

KAIPHONG

SEREMBAN

HAMBURG

SHANGHAI

HARKOW

KINGAPORE

EARRIN

SITIAWAN

292010)

ILOILO

TAIPING

IPOH

TONGKAH (Bhukan)

KARLONI

TLAKO

FOBE

◄ KUALA LUMPUR

NOURABAYA

TIENTBYT

FERG740

YOKOHAMA

-ZAMBOANGA

THE CHINA MAIL

ommerce and Finance

CANTON INSURANCE |H.K. STOCK EXCHANGE

OFFICE

Bonus And DividendsTM

Proposed.

1932 BALANCE SHEET

NEW YORK STOCK EXCHANGE

A.O.F.C. Quotations.

New York, Yesterday. Dow Jones Averages, men

Last Today's Changes | Aver. Aver

THURSDAY, MAY 18, 1932

NEW ADVERTISEMENTS.

NOTICE.

ANTI DRIP PADS.

N TUESDAY, the 16th instant s

Ocase was heard fit the Summary

COMPANY MEETINGS

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

N

NOTICE TO SHAREHOLDERS.

TOTICE "13" HEREBY GIVEN --:: 130 Industrials 81.29 82.64 1.35 up Court before Mr. Justies Lindsell for that the ORDINARY YEAR- 37.9264 up an infringement of Patent righta of LY MEETING of the Society will Opening Daily Official Q'tions, 20 Rails 37.28

20 Utilities ..28.56. 28.67 11 up manufacture and. sale of Anti-Drip

81.5€ 40 Bonds...81.03

51 up Pads. The plaintiff obtained damages be held at the HEAD OFFICE, Messrs. E. A. Plerce & Co. Re-jand_costa.

Union Building, Hong Kong, on port: We think that trading posis Ltd., wish to inform the public in o'clock am, for the purpose of &Co, FRIDAY, 28th MAY, 1933, at 11 tions on the "long" side should be general that they hold the sole rights receiving the Report of the Direc continued. The market looked for manufacture and sale of these

May 18, 1933,

STOCK

Buy Bell

Salon &

Banks HR. Bank

A final dividend of $37 per share! and an "Exchange"" bonus of $5 per share is recommended in the

(Lod. Reg.) L report and balance sheet of the

Office, Ltd, Chartered Bank Canton Insurance which will be presented to the Mercantile Bk., A&BL shareholders at the 52nd. dinary Meeting on May 28: An in- berim dividend of $18 on the 1932 account is also proposed.

The balance sheet reads as fol-

Foreign Exchange and General lows:- Banking business transacted.

Current Accounts opened and Fiz. ed Deposits received for one year or shorter periods at rates which will be quoted on application.

A. BREARLEY,

Manager. Hong Kong, 17th November, 1912.

1981 Account.

Or

Bank of Eve Asia....${ ́... Amer. G. fin. C.M$

Nom.

Messrs. Galdbeck,

normal and, in spite of ""churning" Pads in Hong Kong and China, and tors and the Statements of Az- appears to be under control. without their authority, nobody in al-count to 31st December, 1932,

lowed to Wheat: Higher, on Eastern buying maricature or sell these or and of declaring Dividends, etc.

PUBLIC AUCTION.

countered, part of which it is beTHE Undersigned have received

Tinstructions to sell by rublic

lieved represents sales of Red Cross cotton. Silver: Europe and Auction *. 541 the Trade, and also large profės- 500sional operators selling caused a

11780

191

181

on the stromyth of the Stock Market. Cotton: Investment and speculative buying advanced prices. Later, considerable selling was en-

9+

20

Ch, Fin, Cor, O. 5.$.

P. S$

Imaratons Croton Ins

$150 $57

**

12.00

1890

After payment of an interim di- vidend of $18 per share on May 19 Union In

1932, this account shows a surplus China Underwriters $ at $1,236,684.94, and it is recom- Chins Fire Ins......$ mended that this sum be appro-H.K. Fire Ins...$150. International Asser 5.$*• priated as follows :----

} To pay a Final dividend of $37 per share....

THE BANK OF CANTON, LTD. To pay an "Exchange"

Established 1913.

Head Offer:-Hong Kong.

kushorised Capital (ELL. Carraccy) ...$11,500,00% Pull-Up Capital – 11,300,000 Baserri Faně mannensamom 1,150),non BRANOHYB 1--

Caxtos,

Halow, Bengkak.

sad Ban Frangiano,

LONDON BASIKES 1–

The Lloyd's Bank. Limited.

CORRESPONDENTE

In all principal elite of the World.

Tories Kamage and biking Dealmom of

avey disciption textoschadi

$370,000.00

Shipping

Douglases ...... bonus of $5 per share 50,000.00 H.K. Strasbou.....

Indo-China (Pref.)...$29 To add to Reinsurance

Fund

To add to Underwriting Suspense Account to

J

$36,684.94

close the year 1931 480,000.00-

$1,286,684.94

The General Agents and Consul ting Committee wish it to be un- derstood that the continuance or atherwise of the above Bonus, in

Shells (Bearer)----| Union Watatoau......$ ***

Mining

Bengucts.......

Kailan Mining Ad. x/-{ *** Langkats (Slogie) S. S'hai Explorations 5.3

Loan.........S.§|

#

Raubs

Bats Depot Bozan (rations sinos) sà a pearly the whole or in part, will depend Venezuela G. Fields $

vonial of froze $5 to $10,

LOOK POONG BHAN,

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 Bekerve and Undivided

Profita

THE BANK OF TAIWAN, LTD. Canton

(TAIWAN GINKO.)

entirely on Exchange.

1932 Account.

Benguet Explorations { Docks, Wharves, Godowns, &c.

The amount standing at credit of this Account is $2,122,160.49, H. & L. Wharves Out of this aunt, it is further reH, W., Docks commended that an interim divi-5. Ch. Motors (A)S dend of $18 per share be paid, ab-Ch.. Provideniz (old) $ sorbing $180,000.00, the balance of $1,942,160.49 being carried for ward,

Consulting Committee: Since the last meeting Mr. H. $10,000,000.00 Humphreys resigned his seat on 5,598,600.00 leaving the Colony, the vacancy thus caused being filled by the ap- 2,312,000.00 pointment of Mr. D. E. Clark.

Sir Robert Ho Tung, Messrs. D. E. Clark, A. H. Compton, L Dun bar. T. E. Pearce, J. H. Taggart and A. H. White will retire, but joffer themselves for re-election.

Branches and Agencies:

Pelping

Penang Rangoon

Saigon

San Francisco Seattle

Semarang

Shangha

SHANGHAI QUOTATIONS

Messrs. Carroll Bros. have ceived the following cabled quota- tions from Shanghai.

ré-

Hongkew

("B")

(new)

29

!!!

***

ATTUURI

སྐྱ་་༔ཚེ་

decline, of 1.50 points. Later prices uncovered on pews that |England ... favoured

helpful

ON

Saturday the 20th. May, 1933, commencing at 10.30 am,

at their Sales Boom, 4. Duddell Street

1 Case Cotton & Art, Silk, Bocks

scheme for silver. The regular dividend has been declared by In 165 Bags Cloves ternational Telephone. Business |done!—4,790,000 shares.

5. Cases Hurricane Lanterns

1 Case Liquid Ammonia

4 Barrels Emery

Last To-day's

Price Price

1 Bag Emery

$

1 Case Hardware

Air Reduction

73%

Allied Chemical & Dye 97%

1 Case Gloves

101%

American Can

81%

814

1 Case Tooth Paste

American Smelting.... 284

28%

1 Box Yeast Foam Tablets

American Tel. & Tel. 107%

110%

American Tob. "

8014

81%

Anaconda Copper Mining

1214

12

¡Auburn

51%

53

1 Bag Mineral Ore

Borden Co

834

33%

2 Drums Sugarhouse Alkali

Canadian Pacific

18

184

81%

2 Drums Industrial Alkali-

Casa

Motora

Se/shred Gas of N.Y. 58%

Drugi, Inc. ******** 47%

Du Pont de Nemours.

Paper

The TRANSFER BOOKS of the Society will be CLOSED from 9th MAY to 20th MAY, Both Days inclusive.

By Order of the Board,

PAUL LAUDER,

General Manager,

Hong Kong, 1st May, 1983.

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

FOTICE IS HEREBY GIVEN

ORDINARY YEARLY MEETING of the Company will be held at its HEAD OFFICE, Union Building,

No the SIXTY-FOURTH

5 Parcels of White Cigarette Hong Kong, on FRIDAY, 26th MAY 1983, at 11.15 am, for the purpose of receiving the Report of the Directors and the Statements of Account. to 31st December, 1982, and of declaring Dividends, etc.,

2 Kegs Metal Cleaner

and

A Quantity of Household Furni 68% ture and Blackwood Ware and Mis-

cellaneous Goods etc., etc.

Terms: Cash on Delivery.

LAMMERT BROS,,

Auctioneers.

Hong Kong, 18th May, 1993,

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, 1st May, 1988.

63%

Eastman Kodak

Electric Bond & Share

71/

23

24

PAR

General Electric

General Foods

10%

20%

82%

General Motors

Gulette Safety

28%

12%

Ent. Harvester

13%

28%

34

Int. Harvester (Prof.) .1061

106+

***

1801181

Ent. Tel. & Tel

16

& Myers "B"

12%

12%

83

82%

LO

18%

Montgomery Ward

181

22%

224

National Blacuit

49% Бо

Pacific Gas & Electric

Pennsylvania Railway

234

390

Radlo

Corp.

Sears Roebuck

27%

25% 24

734 271

THE CANTON INSURANCE OFFICE LIMITED.

__NOTICE TO SHAREHOLDERS.

''' BRITISH TRADERS INSURANCE

COMPANY, LTD. - (Incorporated in Hong Kong.)

$138

Standard Oil Co. of NJ. 84%• HX Socony-Vacuum Corp... 94 Union Carbide à Carbon 344 25 Union Pacne bo 8884

THE FIFTY-SECOND ORDIN-

N. Engineering...5.$ Shanghai Dock...S.$ Lande, Hotels & Buildings. H.K.' & 5, Hous..........$. H.K. Laadi $ 744

Shanghai Lands $$] M'politan, Lads S.$ Humphreys

H.K. Realis....$ Asis Realtics "A M

"B" MS .. Chinese Eautes $0 China Realdes ...S.$) China Debenture $$

Cotton Mill

Ewo Cotton.-S,7 19,80 Shanghai Cotton - 3.§] 5.00 Zoong Sing ......5.3 9.80 Wing On Textile 5.5 ...

Contral Bank in Fortnons.

Bank Notes venad Avvengo BERONAS ...Tam. 1,000,000

BRANCHER AND AGENCIES I

JAPAN :- Tokyo, Tokokazsa, Kobe, Dwadas

Karooka, Indang,

Swatow Bydney

Talhok Tientsia

Tokyo

Vancouver Yokohama

Making Mache Flinchiku, Talcon, Tulane, Correspondents in all principal cities Int. Assurance Co.

Takso, Thibel, Tous, alio, Balto

CHINA (Shanghai, rakow, Amoy, Foto

Chins Realty ..... Every description of Banking. and S'hai Land Investment Co. Escaraz, Deteris, Bosbay. Loud, Exchange business transacted. Loans New Engineering & Ship

LONDON BANERET.

Barclays Banks Lady Liopia Book, Lad. Midland Bank, Lid, Woviminster Bank iså

The Bank has Gorrspondente in all she principal Comarcal Centres throughout the world. L. MAGURA,

4. Das Vaux Boad Central, Hong Kong Dessinler 3, 182

Building Works (Old). .. 8.00 S'hai Dock & Engineering Co. 188.50 S'hai & Hongkew Wharf Co. 324,00 S'hat Electric Construction

Co.

Macho

45,00 Sandakan Lights ....S 14.00 H.K. Tels

*

On London-

100

T.I.....

1/4%

On demand

1/4%

INT

4 months' sight

1/4

My

Credits 4 montha

sight

1/8

On New York-

On demand

Credits 60 day's'

aight

28 Nom.

NOM

On Patta

On demand

585

Credits" 4 months'

128.20

sight

625

Ja

On India--

TW.

|United States -- Steel

Westinghouse E., & M. . 174

EXCHANGES,

TO-DAY'S QUOTATIONS.

On demand 12.40 On Blmighal---

On' demand

On demand

On Batavia

494.

$8

NOTICE TO SHAREHOLDERS.

ARY GENERAL MEETING of rozi Shareholders will be held at the NICE IS HEREBY GIVEN that the SIXTY-SEVENTH Offices of the undersigned, on ORDINARY YEARLY MEETING THURSDAY, the 25th May 1933, at of the Company will be held at ita Noon, for the purpose of receiving HEAD OFFICE, Union Building,

the Report of the General Agents,

December 1932.

together with a statement of AcHong Kong, on FRIDAY, 26th counts for the year ended the 81st MAY, 1933, at 11.20 a.m., for the

purpose of receiving the Report of -** The following Resolutions will the Directors and the Statements of also be submitted to the Meeting: Account to 31st December, 1932, (1) That as from the 1st day of and of declaring Dividends, etc.

January 1938, the emunera- The TRANSFER BOOKS of the tion of the Consulting Commit-Company will be CLOSED from tee be increased from $16,000 9th MAY to 26th MAY, Both Days

Inclusive.. to $24,000 per annum." (2) "That as from the 1st day of} By Order of the Board,

January 1933 the remunera-|

PAUL LAUDER, tion of the Auditors be raised;

General Manager. from $1,250 to $1,500 per "an-] num for each Firm": The SHARE REGISTER and *TRANSFER BOOKS will be CLOB- ED from the 11th to the 25th May 1988, both days inclusive.".

JARDINE, MATHESON

& CO., LTD.,

General Agents.

Hong Kong, 4th May, 1933,

NEW STOCK EXCHANGE

BUILDING

Foundation Stone Laid

Hong Kong, 1st May, 1938,

SPORT NOTICES.

THE HONG KONG JOCKEY

CLUB

NHE

T

NOTICE.

MAY HALF YEARLY GENERAL MEETING of Vot- Ing. Members will be held at the Club House, Happy Valley," on. MONDAY, 29th May, 1983, at 5,30: p.mi.

Mr. G. H. Potts Chairman of the Hong Kong Stock Exchange, yester- day afternoon laid the foundationed to attend and participate in any All Members are cordially invit stone of the new Stock Exchange discussion which may ensue.

Buildings, which is being built at Ice House Street. S

Members of both the Stock Ex change and the Sharabrokers Asso- ciation were present...

By. Order of the Stewards,

C. B. BROWN,

Secretary.

Hong Kong, 16th May, 1893,

Chua Keb Hel

Manage.

Amoy

Batavia

Bombay

Calcutta

Haiphong

Hankow Honolulu

HEAD OFFICE:-Tripek, Formos. Ecbe

Incorporated by Special Imperial

Charter, 1899.

Kowloon London Manila Molbourne Nagsanki

Sotrabaya

$.

China Finance Corp.

New York

Osaka Paris

Int. Investment Trust Co... Cathay Land

16.50

Public Utilities.

Yanglaze Finance Co.

9.00

FORMOBA 1-ilmais,

6.10

H.X. Tramways...$/21.4

of the World.

14.50.

Peak Trami (old) .....5.

31.00

"

(new)...$...

Swalos, Canton

OTHERS Xons. Singapore,

Tork, Dairi,

Star Ferries

Borshaya

grated on approved securities.

Yaumati Forry...$ China Ligha (old) ${. ...

H

Safe Deposit Boxes To Let.

**

KAN TONG PO,

Chief Manager,

*(new $11.80 | H.K. Electrics 121

B

Manager

HONG KONG BRAMON ‹

THR

Ewo Cotton Mills, Ltd. ̈ S'hai Cotton Manufactur-

INC.

LIMITED.

Established 1888.

Reserva Fund

Tam. 119,750,000

Capital

Surplus

Reserves

· BRANCHES

Bombay

Hankow

Capital (fully páld-up) Fan 100,000,000

Head Offens-YOKOHAMA,

Branchen and Agindar sti Alexandria

Nagasaki

Nawawang New York

Osaka

Dairen (Dalny) Palping

Longtian (Mulden), Hangoon

"Hamburg

For foar Hencials

Malaking

#Karachi

Lobe

London

Los Angeles

Bio de Janičia

suita" required for fixed #rules to be obtained on app

Hong Kong, Líth March, 1981.

Branches of American Expreer Com. pany in Frincipal cities of United States of Amerion and Canada..

All sinama xt' Com ranssotians:vndarta

of its, thorou

You may obtain a Safe Deposit H.K.Amu Box in this most up-to-date Vault Ch for your own use at a very} $°C. Moderate Rental.

Inspection, Cordially Invited:

THE NATIONAL“”“ COMMERCIAL & SAVINGS BANK LTD.

United

THE YOKOHAMA SPECIE BANK,

AMERICAN EXPRESS COMPANY, ing Co.

Head Ofice," Broadway..

New York.

„U.S.$5,000,000.00 2.1.8.$1,832.822.01 20.8.81,458,115,78

SAFETY FIRST!

To Safeguard Your Valuables and Jewelleries,

Depoalt them In a Vault that is really.

FIRE-PROOF.

BURGLAR-PROOF DAMP PROOF 15.

SAFE DEPOSIT VAULT

Canton Lar Cancats (com.)

(08)

97.50 All prices are in Shanghai Dol- lars.-

China Buses 5.$ S'poreTractions(0)/

44 TALEN

وند.

29

On demand-” On Kobe

198

On demand

10914

[LOJ

On Manila

111

On Bingapore..

52 Nom.

57%

Industriala,

On demand

67 Nominal

On Balgon

Malabon Sugars Find Cald: Mag, O. 8.3

18:

-- On demand:

On Bangkok

"

On demand Sovereigns bank buy

· 1381⁄4

Iing rate.

· 1/47/ Bar Silver per or 10 Bar Silver in Hong

H.. Roper

Korg

Notn.

Copper Cash ......

Nominal

Copper Cents

-1% prom.

Dairy Farmi

Rate of Native In-

|9.40.

terest

82%D

Our

Der A Wip Lane Crawford Mackintosh Sinceres

Chinese Bub. Coln .. 31%% dis.

Hong Kong Bub. Cola, par.

4161

located on the Mezzanine Floor of Was. Powel Our New building a Specially Wing On (6,5) Constructed to provide all of these Important Qualities, N

2.10

SALE" OF FOREIGN ISSUES

200

“Continued from Page: 1.)

“Mr. Chamberlain did not attempt, at that time to delne precisely the scope of the term "Issue" which was used by - him, and he finds it necessary to make further explank- tion on one supect of the matter.

For the present, he thinks that it {s not in the public. Interent: that large blocks of securities, including

ealt id on the Lon

ALL RANKS DANCE

IN AID OF

MINISTERING CHILDREN'S LEAGUE

(MILITARY BRANCH)

WILL BE HELD IN THE GARRISON LECTURE HALL on FRIDAY 26th of MAY, 1933, L£, Col) E. J. de C. Boys,M.C., and the Officers,

lat: Ba. -Lincolnshire Regiment, have, kindly

lent their dance band for this beession.

DANCING 8.30 PM. to 1. AM.

1:00 01 Ladles by Courtesy,

ments free.

for Spot Dances.

dancers from Blonecutters, Sh Biome from Camber at 1 am,

will be devoted to the Minis

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