EXCHANGES.
Norm. Nominal .....1%. Drem.
82% Dotte Chinese Sub. Coin... 33% dia. Hong Kong Sen. Coin par.
... 55-tate of Native In-
terest **
LONDON EXCHANGES.
DROUGHT HITS
CANADIAN
GRAIN CROP| Government Fights
Grasshopper Pest
BIG DROP IN YIELD EXPECTED
Winnipeg
After enjoying a very propitious germination period the grain crops of Canada's main wheat producing areas, the prairie provinces, have suffered very materially from dry weather.
In the early weeks of growth there was ample rainfall to ensure satis- late
June and July, excessive heat and deficient precipitation
wrought
NEW ADVERTISEMENTS.
M. C. L
THE BEACH GALA
will be held on
WEDNESDAY,
27th SEPTEMBER.
All arrangements as advertised for last Wednesday,
havoc in southern areas of the three GENERAL NOTICES. provinces. A pest of grasshoppers
also affected the crops.
HONG
NOTICE.
ANTONG ST. ANDREW'S.
SOCIETY.'
With Government aid the grass- hopper menace was kept in check in many districts through the use of polson bait but there were sections in which the damage from the pest was appreciable. When the grass-}
ANNUAL hoppers had reached the flying stage MEETING of the Hong Kong it was most difficult to use the post: Andrew's Society' will be held in son balt with much success.
HE
GENERAL
Hail storms this year did very Matheson & Co., Ltd., on FRIDAY, the Board Room, Messrs. Jardine, little damage to the growing crops 28th September, 1983, at 5.45 p.m. but in such a wide ares as that
covered by the grainlands of the for the purposes of receiving the Weat of Canada conditions vary in Annual Report and Statement of different sections. In the Northern Accounts for the year ending 31st parts of the provinces and in the August, 1983, and of electing office- Peace River district of Alberta the bearers for the ensuing year, etc. crops have had ample rain and will have heavy yields.
Last year the total wheat harvest of the Western provinces WAS slightly in excess of 400,000,000 bushels.
BANKS
HONG KONG AND SHANGHAI BANKING CORPORATION.
- Autherland Omplial__memm
Laimed and Fully Paid-up none 10,200.000 Bmore Fundez-
#ret
1.200.000
Kamervo Kiability of Propelatsen ---... (30,906,000
READ OFFICE: HONG KONG.
BOARD OF DIRECTORS (-...
T. K. Parcs. Reg.
Chairman.
T. th. B. Shaw, Eag
Deputy Chaleczon.
J. R. Boudield, Eng.
Mike Log
is. 1. Dodwell. Eng. Can. 16, 3, 37 Patarina
45, Campton. Kay,
Hom.br. 00.3. Mickle,
ANDE RANGHOL
NATAVIA
04LJUTTA GANTON
CHEFOO COLOMBO
DAISEN
FOOCHOW
BALPHONG
HAMBURG
HANKOW KEANDIN
MONGE
ILORO
пок
203012
KORK
KOWLOOK
4. A. Plazmır. Beş
, N. Murphy, Esq.
Acting Chie? Manager.
KUALA LUMPUR
BRANCHED -
LONDON
LYONA
MALADOA
MAKILA
UAB (Jphere
MUIDEN
KEW YORK
PEIMHO PENANG BANGOON
BAIGON
RAN PERKOTROO
BILA KOTZAI
KENGAPOR
SOUMANATA
AUNGET PATANI
TIENTNIN
TOKTO
TEIKUTAO
TOKOHAMA
ourts apagad La Label Currency and Picad Depolis recalad for me que se shorter vortado la Loud Curranty and Thuring Hong Kong, 22nd May, 1938.
HONG KONG SAVINGS BANK.
Can Burkmen of the shove Bank he mandariné
LIE CORPORATION, Helis may be obanizad sa application
FOR THE HONGKONG AND ERANOMKAJ DESCLES CORPORATION.
LM. MURPHY,
Acting Chin MAMARGY.
Hong Kong, 26th April, 1998,
SAFETY FIRST ↑
To Safeguard Your Valuables and Jewellerian.
Deposit them in a Vault
that is ready! FIRE-PROOF BURGLAR - PROOF
DAMP PROOF!
OUR SAFE DEPOSIT VAULT lacsted on the Mezzanine Fiber of Our New buliding is Specially Con- stracted to prorida all of thèse Im- portant Qualiti.
You may obtain a Bafe Deport Box in this most up-to-date Vault for your own use at a very, mader. ate Rental.
Inspection Cordially Invited. · THE NATIONAL COMMERCIAL & SAVINGS BANK, LTD. Carser of Ice House Street and Des Voeux Road, Central.
THE BANK OF TAIWAN, LTD. (TAIWAN GINKO.)
HEAD OFFICE>--Talpok, FormMORE.
Incorporated by Special Imperial Charter. 1899.
Comics! Bank Sa Purmond, Bank-Motos Lorand Aromas smowal --Ian. 61,206 200 On and after August 15th, 1928, the rate of Interest on Special Current Deposit will be at 25% pa. on daily balance and the rate for balance over $10,000 will be quoted on application. (Maximum rata—1%%).
LONDON BANKERS.
Bodys Dank, Lady Leyla Bask, (M. Mamah Konk, Tali, Waatheter Bank, Lal.
The Backbone Correspondania tu, all the_pelasipal Jommersial Content throughout the world. 1. YAQUIL,
RƠNG KONG BELMON",
$, Du Vacz Bead Desirat.
Kong Emg. Desember 31, 1961.
THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.
Incorporated by Royal Charter, 1858,
HEAD OFFICE: LONDON.
Faid-up Capital
Essere Fund
£3,000,000 £3,000,000
Reserve Liability of Pro-
pristors
:8,000,000)
Agencian and Branches:
AKOM STAM
AMRITSAR
POSTING
MADHAL
*RANG KOX
BATAVIA BOMBAY CALCUTTA CANTON
CAWAPORS CESO
DOLOMBO
DELJUS
HAIPHONG
HAMBURG
BANKOW
HARBEN
Пома кома
ILOILO
10
TARAGE
SLANG
XORI
KUALA LUMPUR
Foreign
MAKILA
MEDAN
NEW YORK
PENAKO
PEITING (Tatian!
BANOOON
BATOON
SEMARANG
- BERKURAN
AHANGHAI
KINGAPORE
ATAWAN
SOURABAYA
TONGKAH (Bieber)
TAIPING
TEENYBIN
TRINGTAO
TOKOHAMA
KAMBOANGA
Exchange and General | Banking business transacted.
Current Accounts opened and Fix ed Deposits received for one your or shorter periods at rates which will be quated on application.
Manager.
Commerce and Finance
PACKARD
MOTOR CAR
REVIVAL
Profits Reflect Economies.
YEARS OF LOSSES
H.K. STOCK EXCHANGE Opening Daily Official Q'tions,
September 23, 1933.
› STOCK
Banks
ere
TO-DAY'S QUOTATIONE.'
Off London-
T.T.
1/4
On demand
1/44
4 months' sight
1/43%
Credits 4 months"
sight
1/5%
On New York
On demand N 38% nom. Credits 60 days?
sight
NOW,
On Paris
On demand
Credits 4 months'
|Bagall
Sales Nom
sight
550
590
| On India--
T.T.
92
On demand
924
On Shanghai--
On: demand
110%
| factory" germination, but in
'On demand
118%
66% nom.
On Singapore-
On demand On Batavia-
59%
On demand
53*
On Saigon
On demand
35
On Bangkok.
695
On demand
193
1290
Sovereigns bank 'buy-
ing rate..
-1/6%
Bar silver per oz..... 18 Bar Silver in Hong
Kong
Copper Casa |Copper Cents ..
H.K. Bark-$800
(Loa. Reg.) £ Chartered Bank ... Mercantile B., AB
"
Reporting a net income of US. $21.953 in the second quarter ended June 30, the management - of
c. 4. furnishes (Bank of East Asia...$... Packard Motor Car Co. evidence of its efforts at cost re- Ama, O. Fin, C.M.$) ... duction during the past several Ch. Pin, Cor. 0. 5.$ years of declining sales activity ac-
P. 3.$
โรงร
►
Insurances cording to the latest United States Canoa ins........ investment news received to-day Union Im...$670 through Mesars, Asia Lands Ltd. China Underwriters $9.00
Chins Fire Tas, ............$1 The earnings, which compare H.K. Fire In A. BREABLET, with a net loss of U.S. $1,181,825 | International Asser.5.5
in the March period, are more Hong Kong, 17th November, 1982 significant when
Shipping it is considered that they were accomplished on H.K. Steamboat......
¡Douglases .........$.891 sales volume of 2,278 cars, against todo-Chins (Pref.)... THE BANK OF CANTON, LTD. 2,454 cars in the first three months.
Average monthly shipments in the Shells (Bearer)..... second quarter were 757 cars, com* Union Waterbom... paring with a five-year average of 2,400 cara, during which time the company met both extreme in pro- duction and sales,
Retablished 1918.
Head Office:o-Hong Kong.
Ausberian Onplied (B.E. Ostrowey) ...$11,000,000 16-Dp Ougbel 1,006,000 Basarri Fond concenou sameina
1,180,000 BRANCHES --
Bangkok, Banten, dasghek, and Bam razmison. LONDON BARKERS)- The Lingd's Bank, Liaiso
CORRESPONDENTS
#
(Def.)...$
Mining
Antamoks Balaton
Baguio Gold .........5. Benguet Consolidated§
*
#2
Kailan Mining Ad. 17- Langkan (Single) S. Shad Explorations 6.5
In the June quarter of last year Packard lost US. $949,144 on the sale of 2909 care, while loss for the year amount to U.S. $6,824,000, Big Wedge against loss of U.S. $2,909,000 in Gold Crock Focalga Rammage sad banking bulag of weary fusselpiłem transsekat.
1931, and net income of. U.S.Ipo Mining Bale Dope Benin (variomm alaos) na u změły $9,034,000 In 1930 and record not goi
of over U.S, $26,000,000 in 1929. LOOK POONG SHAN,
Chief Manager.
The real pick-up in demand for Packard automobiles got under --- way in June the year, with ship- ments for the month running 50 per cent. ahead of May. Stocks Venezuele G. Fields & in the Eands of dealers are at the Decks, Wharves,
Godowna, ke. lowest level within the past 10 years, amounting to 1,464 cars on H.K. & K. Wharves $150 July 1, against 6,012 a year before. HK, & W. Dock: $ For the last five months of this S. Ch. Motors (8) $} '("B'') $] year the production schedule call
Cb. Perrident (old) $ for 4,400 cara,
THE BANK OF EAST ASIA, LTD.
Hand Offer: Hong Kong. No. 12, Des Voeux Road Central.
Established; - 1918, A. ¿
Authorised Capital Fald-up Capital
Hessers and Undivided
Prodta
1,812,000.00 057,841, at the end of June, an in-
Raube
Loan.........$|
⠀⠀
£114.
www
(199)
16
[201
19
* 101
On Kobe
On Manila- On demand
Je lente le Luische
1.08
+
58.
Exploration $ Goldfield ...$
Biele.
+
London, Yesterday.
¡60cta.
Paris
78 31/52
Montreal
4.91
Geneva
15.96
量
++
Milan
58 27/32
ដ
Stockholm
19.40
81/8
Onlo
19.90
Prague
104%
Madrid
87
Athens
500
19.80
Belgrade
240'
Buenos Aires
Bombay
Hong Kong
Silver Spot ....
181⁄4
Silver Forward
18 4.79% 22.17
7.66 12.94
22.40* 29
· 2261⁄4***
1021/
625
$10,000,000.00 Cash account has been built up Hongkew 5.5 5,506,800.00 with the reduction in manufactur- N. Engineering ...S.$ Ing inventories, reaching U.S. $4,-|Shanghai' Docka.......§.§
Colten Mills. crease of U.S. $2,485,582 from the Eo Cotto.6.314.40] end of March, and US, $1,112,948 Shanghai Conton 8.5 above the total at the close of last Zoong Sings 6.5 your. Inventarles at U.S. $8,471, Wing On Textile 6.3 (843 compared with US. $4,441,852
Landı, Hotels & jon March 31, and U.S. 75,762,754
Buildings. jon December 31, 1932.
BOARD OF DIRECTORS:—
Sir Shouson Chow, Chairman.
Li Koop Chun, Esq.
P. K. Kwok, Ext.
Wong Yun Tong, Esq.
Chan Ching Shek, Esq.
Li Lan Hang, Esq.
Pun Hlu Cho, Esq. Wong Chu Son, Esq. Kan Ying Po, Esq.
Kan Tong Fo, Esq., Chief Manager. Li Tie Fong, Esq., Manager,
Correspondenta in all principal cities of the World.
Every description of Banking and Exchange business transacted. Loans granted on approved securities. Safe Deposit Boxes To Let
THE MERCANTILE BANK OF
INDIA, LTD.
HEAD OFFICEL
18 Greon-härch #rast, London, 141.5
Authorised Capital....£3,000,000 Subscribed Capital... 1,800,000 Paid-up Capital 1,050,000 Reserve Fund & Rost. 1,248,735
Tha Bank of Tngidh #Midland Bank, Lol BRANCHES
Ipol
Bangkok
KAN TONG PO,
Chief Manager.
Bombay
Kante
Caloun
Celenta
Kota Bharu
Kirw York Pelant Port Loula
(Mauritius)
Delhi
Kuala Lipia
Bangin
Kuala Lumpur
Shangh
THE
مائدة
Howrah
#
***
**
120
16
AIR
H.K. & S. Hotels....333.70 H.K. Lands $20¡ -
Shanghai Lands 8$. M'politan Landı 3.$)
Humphreys
H.K, Realtic w Asio Realtier "A" 5.$]· ...
"1885
*
Chinese Estates ́...... China Realties...B.$ China Debentures 5.3
Public Utilities. H.K. Tramways 15.8|25). [191 Peak Trams fold)......
Star Ferries
Yaumati Ferry China Lights (old).
(new...$
Singapore
H.K. Electric
Macac
12
Sandekar Lights
gu
1.35
** *****5;
7.00
FOT (15)
1107
....107
1.00 99
***₤11.10
***
Union Insurances, $575,
$571 $675,
THE YOKOHAMA SPECIE BANK,
LIMITED.
Established 1996,
Capital (fully paid-up) Yeu100,000,000. Reserve Fund
Yen.121,250,000)
Head Office)-TOKOHAMA,
Branchen und Agunden att
Alexandria
Bataria Bartin
Narasald
Ragora
Newchwang
New York
Bombay Calentts Gaaton
Zengtion (Makdon) Rangyon
· Dalean (Dah
Hamburg Bankow
Cobe.
AMERICAN, EXPRESS COMPANT, INC.
Head Offices-65, Bes
Capital
Burplus Reserves
1. Heaschen of Am
pany/in/Triscios
1.8.38,000,000,00 - U.B. 1887,089,17 US$1,718,979.87
Kuzztan (Pobong) Bimin Had
* KONG KONG BHARUM.........
Koper Smarigolan of Banking sod Kerbhaye bod mana Seamanshek.
Travellers Chaquas Laund,
H.K. Tch. izvečins Trustee and Exsentorshipa under China Buses5.3
{taken.
INTEREST Allsondes Dermed Azmande sad Fixed Depoulia at Kates that may be somerialued.
I. B. ROSS,
Hong Kong, 2nd May, 1988.
T. Queen's Rand Contra
THE BANK OF CHINA,
行銀國
Reorganised October 26, 1923, under
special charter of The National Gov-
ernment as and Joey
~ INTERNATIONAL EKU ANGE
Bubscribed Capital, kas
Paid-Up Capitale kon z
Reserva Funds.
HEAD OFFICE: SHANGHAT
HONG KONG BRANCH:
S'poreTractions(0,}=}-
(POV):
Industrials.
Malabon Sugars· Cald Marg, 0.75$
4
Canton foes materi
Comenta (com.)
(old)
► (new)
H.. Ropes
Stores, &c.
Dairy Farms way
Watsons
Der A Wings
Lane Crawfords
Micklaust
ial :
New York Brussels Amsterdam
Borlin Copenhagen Vienna Helsingfors Lisbon
Bucharest
Blo
Montevedio
Shanghai
Yokohama
45 Official 1/6 8/64 1/5
4% Official
87 Nominal
1/8 9/82
1/2 1/16
War Loan 8%. 100%
---British Wireless Service.
SHARE MARKET.
The Hong Kong Stock Exchange Weekly Report Issued yesterday at 3.15 p.m.
This year the yield will likely be in the neighbourhood
of
300,000,000. It is however too early as yet to make an estimate with any degree of certainty.
Record Surplus,
E. M. BRYDEN,"
Joint Hon, Secretary.
NOTICE.
GREEN ISLAND CEMENT COMPANY, LIMITED.
NOTICE IS HEREBY GIVEN
'that at a 'Meeting of the
The carryover of wheat at the end Board of Directors of Green Island of July, 1933, that is the end of the Cement Company; Limited, held at crop year, is in the neighbourhood Exchange Building, Victoria, in the of 190,000,000 bushels, the largest Colony of Hong Kong, on THURS- surplus on record. With a smaller DAY, the 21st day of September, crop this year, however, the wheat 1988, a call of $8.75 per share was situation does not appear so top made upon all the members holding heavy.
shares, whose names appear in the 'Companys' register of shareholders The outlook for the Western on the 21st day of September, 1988, farmer has greatly improved with upon which only $8.75 per share the strengthening of the prices on had been paid; send it was defer- world markets following the London mined that such, Call" should be Wheat Agreement-Reuter.
SHARE MARKET.
Weekly Reports by
Brokers.
paid on the 16th day of December, 1988, to the Company's Bankers. The Hong Kong, & Ehanghai Bank- ing Corporation at their Hend Office, Queen's Road Central, Victoria, aforesaid.
Upon presentation at the offics of the Company, of Bankers" - re- ceipt for the payment of such Call, Hong Kong, Sept. 22. Shares, a note of the payment will together with the Certificate of Mr. G. A. Harriman's, weekly share report and market review Issued at doon states:
...
der review was very active notwith- The market during the week un
standing the majority of rates in With the exception of certain the minor issues being marked down selected investment stocks the Hotels were dealt in at $6,90 at one market generally has again failed time, but closed easier with sales to attract much attention, and effected at $6.70 for Settlement. though amongst the lower-priced China. Lights, after business done issues Cements fluctuated violently, at $12.00, recoded a little with en dealings therein were mainly pro-fquiries, at $11.65 at the close: fessional.
Cements (comb.) suffered a sovere
be endorsed on the Certificate.
Dated this 21st day of September, 1938,
By Order of the Board.
ALLAN KEFTEL
Becratary.
SPORT NOTICES.
NOTICE.
Business Done During the Week, set-back on the announcement of the HONG KONG CRICKET LEAGUE. Canton Insurances $880,
China Underwriters 12.10.
Hotela $7.05, $6.70.
Renities $7.90. Tramways $22.40, 16-Star Ferries $99
Bigned AH. MADAR
(Hong Secretary)
call of $3.75 pet share on the new $570, shares, and were on offer at $8.60;
at one period, the market closed that the ANNUAL GENERAL TOTICE IS HEREBY GIVEN with buyers at this rate. In the MEETING of the Hong Korg investment section, Hong Kong Cricket League will be held in the Lands, Star Ferries, Hong Kong Sanitary Board Room, Post Offer Electrics, and Telephone continued Building, by kind permission, on in good demand at auctations MONDAY, September ~ 25, at 5.15 Sterling counters remained changed.” with Unions done at 1570/75 and Banks in request at $1,800,00.- - The Philippine-miping section was somewhat quieter, Big Wedge, being pat through at as high as 70 cents: Antamoks after having been transected at $1.30 were a shade GRAN CHACO FIGHT
anlar with shares offering at $1.20. The tone of the market at the close in very steady," and "trading is süll 68 fairly brisk in the minor asus.
Business done during the
Canton Ins. $500/00/0 Underwriters, $2:10.7 Union Ins $$70/75. Antamok $1,10780%
China Lights (old) $12. Electrics $78, $7734 Telephones $95, $35%, $84, $85. Cements: (Combined) $4.60, $4.70,
$4,60, 151⁄2, $5,40, Dairy Farms $28.60, $29, $29. Constructions (new) 90 cts. ' Raubs $12.50 e. Div. Antamoks $1.20, #1.30, 81, 81.20,
$1.80, $1.20, $1.10, # Baguio Gold $1.05, 31.10, 31.05. Benguet Explorations 63 C
Big Wedre 45 cta. 59 cta.,, 65.cta; week
Gold Creek $1
Ewo
Hone Sh. $14
32734;
· Baguio Gold, 81.05/1:10, Big Wedge, 50/70 cla
-Kong Hotels, 8670/90 ong Landa, $60.3 ong Bailtys, T.80
NEARS END.
Settlement Outlook Is Favourable.
Rio De
September
for
10, regarded the outlo
the Gran Chao
border = dispute etween". Para guay And Bolivi
favourable, although Bolivij not yet
bouring