QUEEN'S THEATRE
Thursday to Saturday
OWEN
NARES
JACQUELINE
ILOGAN and
DODO WATTS
DIRECTED SY
NORMAN WALKER
A BRITISH INTERNATIONAL
The
PICTURE
MIDDLE WATCH
LIPTON'S
CHOICEST PURE CEYLON TEA} FROM ALL COMPRADORE STORES
LIPTON
KING GEORGE V
Agents :- W. R. LOXLEY & CO.
THE HONGKONG TELEGRAPH. MONDAY, MAY 23, 1932.
"Economy does not consist in the reckless reduction of estimates: On the contrary, such a course almost necessarily tends to increased expenditure. There can be no economy where there is no efficiency." Disraeli.
The
To-day a wave of economy is obscuring the outlook of many of those at the helm in affairs of state and business and there is grave danger of capital being sacrificed on the altar of recurrent expenditure. A reduction of annual outlay is called for at whatever cost to capital. It is wrong but it is human. To economise on food or all is dangerous. When buying milk or other foods it is, generally realised that the best is wisest. It should be the same with oil. It is the lifeblood of machinery. quality of Wakefield Castral motor oils is incontestable in view of the many achieve- ments standing to the credit of these aristocratic lubricants on land water and in the Owing to steadily increasing sales the price of Castrol is very reasonable. It should not be forgotten that Castrol gives you approximately 20% more to the gallon than other oils sold here. Castrol gives you the correct quality and quantity.
only Pritish but best. It is sold by all garages.
air.
Agents:
ROBERTSON, WILSON & CO., LTD.
David House, Hong Kong.
SHARE PRICES.
TO-DAY'S QUOTATIONS.
The following is the list of local share quotations issued to-day:
Banke.
Hongkong Banks. $1540 b. Chartered Banks £11% n. Mercantile Banks, £17 n. East Asia, $113 b. Am: 0. Finance Corp., $26 n.
Insurances.
Canton Ins., $1200 b. Union Ins., $470 b. China Underwriters, $3.00 9. China Fires, $600 b. H.K. Fire In., $1,195 n.
Shipping.
Douglases, $27 b.
II. K. Steamboats, $22 n. Indo-Chinas, (Pref.) $45 n. Union Waterboats, $20 b.
Mining,
China Estates, $100% n. Benguet Exp. 31 cts. b. Benguets, $16 b. Kailans, 25/- n.
S'hai Explorations, Tls. 2.10 n. Raubs. $38 b.
Docks, etc.
Kowloon Wharves, $144 b. Whampoa Docks, $181⁄2 b South China Motors $10 n. Providents. (old), $4.90 b. Hongkews, Tis. 225 n. New Engineers Tis. 6 n. Shanghai Docks, Tls. 881⁄2 1.
Cottons,
Ewa Cottons, Tls. 13.40 1. Shanghat Cutton, Tis. 78 n. Zoon Singa Ths. 10% n.
Landa, Hotels, etc.
H. K. Hotels, $12.80 wa. II. K. Hotels Rights, $2 n. ILK. Lands. $77% b. Metro Landa $10 n. S'hat Lands, Tis. 27 b. Humphreys, $15 b.
Asin Realties "B" $26 n. Realties, $11,60 b. Asin Realties "A", $155 n.
Public Utilitles. Tramways, $21% sn. Peak Trans. (old), $16 n. Star Ferries, $92 n, China Lights, $20.40 an. II.K. Electries, $74.75 an. Macao Electrics, $24 b Telephones, 888
China Buses, Tls. 16 n. Singapore Tractions, 8/- n.
It is not
Tel. 21746
Industrials.
Malabons, $21 n. Canton ices, $5 b.
Cements (com) $18.40 b.. Ropes, $124 n.
Stores, etc.
Dairy Farms, $28 n. Watsons (new), $14 b. Watsons (new), $13.60 b. Der A. Wings. $1 n. Lane Crawfords, $6.90 u. Mackintosh. $21 b. Sinceres, $16.20 n. x. Div. Powells, $3.36 n.
Miscellaneous.
Amusements, $22. Entertainments (old) $14.25 n. Constructions (old), $5.50 xа.
5. C. Enterprises $8.75 8.
B. ind. O. $ Bonds, 59% n. Constructions (new), $1.70 b.
LL.D. CERTIFICATES.
Of the Sociate Internationale de Placements, Basle. (Local agents
Mossrs. Cocke and Co.).
Saturday's official quotation in Basle-£2 11. 6d.
WELCOME, RAIN!
WELCOME
Telemac
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