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Apr. 6 Apr. 8 Apr. 14 Apr. 21 Apr. 23
Apr. 19
May 2
May 4 May 6 May 13
May 18
Japan Apt. 1 Ap. 3 Asia Apr. 15 Apr. 17 Apr. 19 Canada Apr. 29 May 1
17 Days HONG KONG to VANCOUVER By DIRECT EXPRESS ROUTE FROM YOKOHAMA 18 DAYS VIA HONOLULU, PARADISE OF THE PACIFIC
Air-conditioned equipment on C.PR. Trans-Continental Trains. Frequent Canadian Pacific Atlantic sailings to European ports.
TO MANILA
Empress of Asia on Thursday, April 7th.
Canadian Pacific
Union Building
SPANS THE WORLD
Telephone 20752
G. FALCONER & CO (HONG KONG LTD.) WATCHMAKERS & JEWELLERS, DIAMOND MERCHANTS,
UNION BUILDING (opposite G.P.0.)
Agents for:- ADMIRALTY CHARTS.
ROSS BINOCULARS and TELESCOPES, KELVIN'S NAUTICAL INSTRUMENTS, ENGLISH SILVERWARE Direct from Manf
High Class English Jewellery.
CHINA MAIL, MARCH 30, 1938.
LOCAL SHARES ENCOURAGING
EK
DOCKS WHA
Providents (Old) $3,69 h.
MENING
Raubs $7.90 sa...
DOVINS
Autamoks Ps 51.s2. Atoks Ps. 251⁄2 83. “Baguio Gold Px. 20 st.
Benguet Consol. Ps. 9.50 sa. Coco Grove P3. 42 st. Consolidated Mines Ps. 011 82 Demonstrations Ps. 394 EL LILM. 59 sa
Paracale, Gamanns Ps. 20 58. San Mauricio Ps. 42% 88. Suyoc Consel. Ps. 15 sa. United Paracales Ps. 41 33
LANDS, HOTELS & BLDGS. H. K. Lands $3571⁄2 88.
H. K. Lands 4% Debentures 100% Chinese Estates $97 b.
PUBLIC UTILITIES:
E. K. Tramways $15.00 b. Peak Trams (Old) $7-b Star Ferries $841⁄21⁄2 b.
Ching Lights (Old) $1210 b. H. K Electrics $591⁄4 b. $591⁄2 sa. Sandakan Lights $1425 b. Telephones (New) $10
NINDUSTRIALS
Cements $17% b.
STORES, &C.
Watson $5.75/80 38.
sz.
H. K. Docks ex rights $21.80 Sinceres $2-20. b.
Wing On (HK) $49 b. Wm. Powell, Ltd. 60 cts. b.
- MISCELLANEOUS
Constructions $135 b.
EK Gort 8% Loan 2pm. Wallace Harpers $10 b... Marsmans Inv. (HK.) 3/- 2/10 b.
LOCAL DOLLAR
The demand rate on the Hong Kong dollar this morning was 1/2-11/16.-1
"Spot”” silver was quoted in Lon- don yesterday at 18% and for- ward at 18.
The London on New York rate was quoteli at US$49734 ̈and the New York on London rate 2-US$4.97-1/2.
SINGAPORE RAW
RUBBER
at
Messrs. H. B. Joseph and Co. have received the following quota tions in Straits Currency for Raw Rubber
April/June 18-1⁄2 b. down 2 July/Sept. 19 b. down 2. Oct/Dec. 19-% b. down 2. Market: Uncertain.
INDO-CHINA
INDUSTRY
Colonial Office is
of encouraging local
and the subject of prefe treatment for Hong Kong factured goods will be presented during the negotiations for trade agreements with Indi the Dominion Goverments year," said Mr. A
chairman, in the course of port at the annual meeting the Hong Kong Rope Manufac turing Co., Ltd.
Mr. Shields said;-
Our turnover of Rope for the now under review shows an ment over the figures for 1936 of the keen competition have had to contend
With regard to our pro Factory Buildings at Matauk tinne în occupation, and 'about cent, of the number of fa Chinese Dwelling Houses at Town is now occupied as with 40 per cent this tie The increase is due to i fugees from various parts owing to the Sino-Japanes
DIVIDEND PAYMENT
Turning to the Accounts, Gentlemen, you will see that the froft ear the year under review, after for Depreciation and allow Directors' and Anditors, Fees and mission to General Managers,
58,209.86 This amount added to tie halance of $43,065,68 brought forward from 1936, makes a total at credit of Proft and Loss Account of $101,275.54, which dealt with as follows:
your Directors recommend be
Pay a dividend of 25 cents
per share nbsorbing And carry forward to credit
of next year's account $51,275,54 Depreciation on Buildings, etc., has been provided on the usual basis ex- cept that your Directors decided to provide an additional $10,000 deprecia- tion on Machinery as some of our ma chines are now getting old and will need replacing.
Reveine from rents shows an t crease of $8,186.92 over the figures re- corded for 1936
You will notice that Share Inrest- rents do not appear in the Accounts. These were sold during the past year at a profit of $5,358.60 as sãown the Profit and Loss Account
You will also note the amount $3,328.50 expended on the Wharf. This represents the cost of repairs placements made during the I may say that the Wharf is no tically a new one.
TRADE BALANCES
Sundry Debtors Acco to $68,11287 áre ́ usual owing to ins towards the end of are ordinary trad tumers which have raid up.
The Cash Position has”
amounting
ed since the date of the accounts
is adequate to meet the dividend
STEAM NAVIGATION COMPANY Lquirements
To SHANGHAI, via SWATOW, CHEFOO and TIENTSIN
sang 4th Apr. 2p.m. 8th Apr. Noon
aksang” · 10th Apr. 5 p.m. "Leesang" 12th Apr. 10-a.m.
TO TIENTSIN
hefoo
“Chang On"
2nd Apr.
SANDAKAN
To SINGAPORE, PENANG.
and CALCUTTA
9th Apr. 2pm-
14th Apr.
21st Apr. 2 pr
Të KOBE 2nd OSAKA
2nd Apr. 5 p.. 19th Apr 5 p.m.
een
As regards the prospects for the Current year, it is unfortunate that world conditions in general, and the state of affairs in the Far East make any forecast dangerous, but I ma however, that we continue to enj the support of many. Shipping and our sales so far are ency
Mr. S.-T. Williamson-
the report and accounts were
OTHER BUSINI
bert Bo
the motion of Mr. Mr. H. Dreyer, wh Smith, Seth and elected anditors on the CW. L. Cole second
lowing
piz.
JARDINE MATHESON&Co. L TELEPHONE 303IL GENERAL MANAGERS