1932-02-26 — Page 2

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION.

Rebelia Capim $58,000 (20 Laveed and Fully Friday ann. 10,000,200 Essere Funda —

Teeting. £ 4,800,000 ****...* $15,000,000

Herr Libility of Proprietsen

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

Incorporated by Royal Charter, 1853.

... $90,000,00

HEAD OFFICE: LONDON.

Pald-up Capital Reserve Fund

.23.800,000 £4,000,000

Reserve Liability of Pro

prietors

...£3,000,000

Agencies and Branches:

ALOR STAB

ANKITHAG

AUCHING

HRAD OFFICH: BONG KONG,

BOARD OP DIBSOTORS :— Ton. Mr. O, Q. 5. Machia Clarosan

Use, Mr. 4. J. Puterson. Deputy Chairmas.

I. A. Plummet, Eng.

W. H. Bell, Reg.

Compłon, Bay

T. H. B. Beer, Beg.

G. Wisin, Rag.

J. P. Warme, Tag.

I. . Poor Boy

AMOT BANGBOR

BATAVIA

Chief Stange

9. M.'Ovayburn, Bag,

DINAMORES :-

BOMBAY

CARONTIA

UANTON CHEFOO COLABO

SEW YORK

PRIPING

BASEWOON

SAMION

DAIHEN

ΔΕΝ ΑΚΟ

www.BAW

SAIPHONG

BAMBURO

SAN FRANCISCO

KAYEOW

KHANOMA

WARRIN

SINGAMARK

BOOKEW

BOURANTA

storo

SOVORI PATANI

TPOR

TTENTRIK

MHORE

TOKYO

TORE

BKOWLOON

KUALA LUMPUR

TRENGTAO

ТОКОНАНА

BANO KUE

BATAVIA MRBAY CALCUTTA CANTON

CAWNPOKE

CEBU

DATERN DELRI ELAYPTIONG ITAM DURG

HANKOME

WARRIN

ING LONG

IPOR

MADRAN

MANILA

KEDAX

NEW YORK

PENAXO

DANGOON

MARION

REMARANO

HEREMBAN

SILANGTEAT

NINOPOLE

TIAWAN

SOPRANAYA

TOKYO

THE CHINA MAIL.

THE HO HONG BANK, LTD.

(Established 1917.)

HEAD OFFICE:--SINGAPORE. Hong Kong Branch: 13, Qusen's R& C.

Authorised Capitaj Straits $90,000,000 } Issued Capital

8.000.000

Paid-up Capital ...

*

4,000,000

Reserve Liabilities

of Shareholders

H

4,000,000

Burplus .....

Branchen, Agencies and Correspon dents in the principal cities of' chi world.

Every description of Banking, and Exchange business transmeted.

TAN ENG HOOL,

Mansar

The Colony's Trade.

Commerce and Finance

France

Indo China

Germany

Holland

Italy

FRIDAY, FEBRUARY 26, 1932.

262,359 (207 250) 4,593,346 (2,854,764) 1693,593 (1,728,250)

(272 988)

248,123 (547,278)

5,588 (07.188) 2,404,305 (9,967,918)

282,894 (78045) 110,957

SHADOWS BEFORE

(31,390) COMING EVENTS ADVERTISED

3.438

17.000

Japan

1,823.873

1.488)

(5,187,504) (2,687,420)

K. C. Wan

816.491

1,185,955

Масло

IN

Norway

THE NATIONAL CITY BANK OF NEW YORK.

RELAPSE RECORDED

JANUARY, 1932

Imports and Exports Fall by $5.6

and $9.7 Millions.

SOME STRIKING FIGURES.

Chinese Boycott of Japanese Goods

Mainly Responsible.

Current Accounts spened and Fix- DOMN ed Deposits received for one year or shorter periods at rates which will be quoted on application.

ISLANDS

N.E. Indies

Philippines

Siami'

(1,012,473) (2,813,605)

IN CHINA MAIL.

Social Functions.

To-day Tea Dances at

Hong

902.267 1,764,957 Kong Hotel and King's Restaurant;

(11,744)

6,689,97

14.894.952) Dinner Dances at Hong Kong.

13,276 and Peninsula Hotels and King's (402)

940269 Restaurant.

(8,802,742) (1,546 285) To-morrow -- Craigongower 63,858 1,076,248 Cricket Club Annual Bachelors' (127,504) (848,970)

4,792,124

1.118,402

(3,140,585) (1,644,072)

Danca,

+

Entertainments.

Theatre; 51,494 To-day — King's (187,077) "Ladies of the Big House," also 4,868 Charles Zimmy, the legless wonder.

lo-day- QEECH'S

3. America

Sweden

(10,408)

188,579

(833,567)

(2,187)

Switzerland

98,210

(230.564)

(450)

Spain

11 573

U.S.A.

Others

"The Rosary."

thaico

To-day Central Theatre;

(8,830) (17,326), "Tarzan the Tiger." 4.051.722

1,422,590 tu

Jajestic T'healt (5,286,883) (2,446,999) Hush Money." ·

721,185

98.363

102 157) (248,717) Today - Star

Commodity Figures.

The total values by main groups

"Coquetta."

Theatre:

To-day-Harmston's Circus,

of commodities, with the figures for Reclamation Ground, Wanchal. January 1981 in brackets are given below:

Home Malls.

To-day-Inward from Europe

IMPORTS EXPORTS via Siberia (Naldera).

&

To-morrow-Inward from Amori. 36.712ca (President Taft); Outward for 35.351 Europe via Marseilles (Naldera),

918 550 (1,832.873) ( 684,617) 10.30 a.m.

PEPENO (Paking)

HEAD OFFICE: 55. Wall Street, NEW YORK.

TONDON

Capital Surplus and

LYONA

MALACCA

TAIPING

Undivided Profits ..U.S.$228,027,892)

Branches int

(Lotta

TIENTSIN

SANILA

ARGENTINE

LONDON

KHAR (Jobs)

KARACUT

TONGKAH (Bhuket)

MORDAN

KLANG

TRINGTAO

BELGIUM

MEXICO

KORE

УОКОНАМА

BRAZIL

PANAMA

KWALA KANDSAB

ŽAṀBOAKOA

CHILE

PERU

KUALA LUMPUR

CHINA

Foreign

Exchange and

General

COLOMBIA

PHILIPPINE

Banking business transacted.

CUBA

PORTO RICO

STRAITS

ITALY

VENEZUELA

J. STUART,

Manager. Hong Kong, August 17, 1891.

According to the official returns Singlets compiled by the Statistical Branch Wearing

Apparel SETTLEMENTS of the Imports and Exports Depart-

ment the trade of the Colony suffer- Sundries URUGUAY INDIA

$ ei a relapse in the month of Janu-China Ware JAPAN

Watches $ Commercial and Travellers' Lettersary, the total value of imports Clocks and of Credits, Travellers' Cheques, Bills amounting to $54 millions (the Electric Lamps of Exchange and Cable Transfers lowest figure since October 1980), and Bulbs $ bought and sold.

Current accounts while exports totalled $88.3 millions Flasks Vacuum $ and Savings Bank accounts opened the lowest figure since the short Glassware and Fixed Deposits in local and for-

Graphite taken at rates that month of February 1981). eign currencies

Haberdashery As compared with January of last Tainglass may be sacertained on application to the Bank

year importa declined by $6.6 mil-Lamps and We are also able to offer our Cus-lions, while exports fell $9.7 mil- of the Internationa! Banking Cor. liona.

$

8,090

N.O.E,

21,475

62,994

2,096

2,925

Animals,

1,244,040

11,483

1,180

Live

1,075,170) (

Bulkding

1,097,881

62,069

6.535

120 Chemicals

1,188 Materials

644,065

14,570

3,043

& Drugs

(

0,324

1,300 Chiness

14,119

2,316

Medicinos

27,580

Dyeing.

►

Lampware $

0,144

1,315

Leither

Manofactores

9,383

Matches

02,992

2 086 120,919 33,432 Liquor...{

Machinery

Lithographic

Materials $

Toys & Games

0,358 350 .680 25,944 Monthly Fluctuations.

Metals Minerals

& Oras ...( Nuts &

Seeds ..... Fats

Our Acousta opened in Local Correacy und Pad Depolis kend for we peer_DE short periods to Cool Currency and Aberling an terims ebich will be quoted no application. Hang Long, Decumber 1, 1991.

HONG KONG SAVINGS BANK.

The Busine of the sbore Bank is compend by HONG KONG AND SEAMORAT BANK ING DOBIVIRATION, Bo' meyin ohialind

FOR THE HONDEAKG AND SHANGHAS BANKING CORPORATION.

V. M. CELATOURN,

Chart Inangu.

Hong Kong, 1 July, 1900.

THE BANK OF CANTON, LTD.

Established 1912.

Bead Office:Hong Kong. switcrland Capital (HH. Overwoo7) .....$11,000,000 Pull-Up Capital 8,055,000 Kamere Fund 2,100,000

BBANCIES:---

Canton, Bhangbai, lankow, Bwałów, Bangkok, Now Fork and Gan Pracris

LONDON DANESNB : --

The Lloyd's Back Umsted. CORAKSTIENDENTS

în all príusipai sities of the World.

For Exchange and banking baton of

wary Emerlytćom šumasotech.

Mežs Deposit Disas (various slanos) si a poorly

routed of from 35 10 $10

LOOK POONG SHAN,

Chief Manager.

NEDERLANDSCHE HANDEL- MAATSCHAPPIJ, N.V.

(NETHERLANDS TRADING SOCIETY)

ДАУККИЯ

Established 184.

Hong Kong Often poll, Gaded'e Bond Central.

Authorised Capital ....... Ouilders tse,nnó,208. Paid-Up Capital Guildsen 80,090.OGO- Hasarea Purd Guilder 40,015,600-

Djak

Band Offs:-AMSTERDAM". Eastern Head Umow:-BATAVIA, Branches ----Baodjarmasin, Bandoong*, Bombay

Calcetta, Carlbon, Djambne,

Labe Jakarta". Tha Blaga", "Fiddah, Makamar, Madan, Palembang, Paks tongan Prong. Beogoon, Botterdam", Bemarazig". Shanghai, Siarapore, Stern bala, Boërskarta (Bola), Toyil, Tifinijay and Waiterradan".

• These offers haru Baža Deposit Boxes to Leh

LONDON BANKERS ——

NATIONAL PROVINCIAL BANK LTD.

Correspondenta all over the world. Basking Bank- sere of overy desciption tracasota),

▲ STOKKINS,

Hong Kong. In December, 1981,

Kanager.

TER

AMERICAN EXPRESS COMPANY. INC.

Head Office: 85, Broadway, New York.

THE BANK OF CHINA.

行銀 國中

Reorganised October 28, 1928, undar

special charter of The National Gov. crament sa ati

Capital

Surplus

Reserves

INTERNATIONAL EXCHANGE

BANK.

Subscribed Capitat

$25,000,000,00

Pald-Up Capital

.$24,710,200.00

Bastardan Autwerp

Olasgow

Eeserve Funds

Intrus

..8 1,820,509.52

Bela

Dartia

Biarrita

Bombay

Bromen

Brussels

Elamburg Harro Katariabe Jain Ládo Loudos

HEAD OFFICE: SHANGHAL

HONG KONG BRANCH:

4. Queen's Road Central.

Owing to our numerous branches in China and large connections in the important commercial centres of the work, we are able to extend o

OUT clients special facilition for domestic and foreign banking and exchanges.

We also handle the laune of Bonda

Dunos Aires

Cabarita

Camer

Calmacho

U.S.$6,000,000 .U.S.$1,572,454

..U.S.$1,908,209

BRANCHES:--

Comed

Liverpool

DEMOTI

Lapino

Lakor

Marillon

Constantaple Stools Carla

Copenhagen Rincija

Edinburgh Florence

Munich

Knatte

Bab

Wilam

Nico Nupton Pirac Paris Possig Poldeg Patents, Rother Jau Rome 81ambori Bhanghai Bourbampion Glog pors Sit, Martia Thantin Vignan Veal Yolmkame Forich

Branches of American Express Com- and other Public Funds of the Chin-pany in Principal cities of United

cee Government both at home and [States of America and Canada. Abroad.

SHOU J. CHEN,

Manuger,

Hong Kong, 6th March, 1031.

THE YOKOHAMA SPECIE BANK, LIMITED.

Established 1880.

All classes of Commercial Banking Transactions undertaken.

Personal Investment handlod.

socounts

The Company offers to intending Travellers the use of its "Trűvellers Choques" and Letters of Credit and in addition, the world-wide services of its thoroughly equipped Travel

Capital (fully pald-up) Yen 180,066,308 | Department.

_Yen 116,200,000 Reserva Fund

Head Ofles—YOKOHAMA

Branches and Agencies at:

Batavia

Alexandria

Berlin

Bombay

Calcutta

Ganton

Clingekun

Nagasaki Nagoya Newchwang

New York Osaka

Parlo

Polping

Datren (Daing)

Rangoon

Fangtion (Mukden) Rio de Janeiro

Harbin Tears For

San Francisco Seattle Bemarang

Shimanomali Bingapore

· Boerabaya

ydney

E. W. DUGGAN,

Manager.

THE BANK

tomers the services of the Branches

poration in San Francisco and Spala and also of The National City Bank of New York (France), S.A, In Paris and Nice.

Merchandise Treasure Manager. Total

F. McD. COURTNEY,

Hong Kong, June 18, 1931.

THE BANK OF TAIWAN, LTD. Merchandise ..

(TAIWAN GINKO.)

Treasure

IMPORTS

January January

1932 $54,087,200 $59,559 025 |

1931'

Mirrors and

Looking

Glassos $ $1,530,468 $5,263,164 Paper Printing $ 355,617,677 $64,832,180 Printing and

EXPORTS

January January

1932

1931 $38,288,053 $47,976,029

$ 4,121,004 $10,846,988 $42.409,057 $58 821 617

Total .....

Part of the declines in the trade

11

Since January of 1981 total im-

346,903 363,994)

Lammert's Auction. Monday-At Sales Room, house- 126445, hold furniture, 2.80 p.m. (1,928 021) ( 1,373 807)

Land Sale. 626,867 448,158

·

Materials A 308,933) ( 583,222) Monday-At P.W.D. Offices, one

Foodstuffs

18,270,318

16,182 750 lot of Crown land at Wong Nai ..(19,298 967) (18,601,578) Chung, 3 p.m.

1,482,156 225,743

Fuels.

Hardware...{

980,603) (

277,352)

422,398

203,143

Meetings. To-day-Meeting of the Hong 427 861)(346,793) Keng Practical Psychology Club at 905,597

93.211 Lane, Crawford's Restaurant at 6 440,614) ( 216,832)

94,220 p.m. & Engines ( 1,272,809) (

To-day-Kowloon Residents' As- 3,847,854

2.248,192

sociation, St. Andrew's Church (3.212 834) (3,830,944: Hall, Kowloon, 6 p.m.

15.635 63,402

HEAD OFFICE: Taipek, Formma. of the Colony during January was ports of Merchandise into Hong Dilk &

Incorporated by Special Imperial

Charter, 1899.

Contra! Bank la Porizoen.

Beak-listes levsod Average asuntos. 45.000

248,841) (

To-morrow - Hong Kong and 102,701) Shanghai Banking Corporation, 1 589,545

78) 758,018) Queen's Road, Central 11.80 a.m. 5,755 133 3,277,611 6.779.704) (4,268,629) Finance Co., Ltd., Hong Kong Hotel, Monday-Humphreys Estate and

11.30 a.m.

182.930

7,292,886

3.390,720

March 2-Dairy Farm,

44140 Albert Road, 11. a.m.

Ice &

due to the Chinese boycott of Japan- Kong have fluctuated from the low- ese goods which continued with a dollar value (641 millions) in Paints ...... increasing intensity, the total im. January 1932 to-tus highest (71.8 ports from Japan amounting to only millions) in March 1981, while ex- Piece Goods (10,388.119) (5214,758) Cold Storage Co., Ltd., 2, Lower

fluctuated from $37.7 Railway $1.3 millions as compared with $5.2 ports

Materials (

49,086)

March 2-Hong Kong Realty & 941,922 millions in January 1981; piece millions in February 1931 to

March 1981. Tobacco....(1,445,578) 778,697) Trust Co., Ltd., Exchange Build- Valoog. Naalo Bulochiku, Teichu, Taines, goods declining by $1.9 millions and $64.4 millions in

below The figures · are · given

1,580,469 4,131,004 ing, noon. DUINA-bangal, Bankow, say, Poochow foodstuffs by $1.1 millions.

with the sterling equivalents, at Treasure... 5,263,164) (10,845,988) March 4-Hong Kong Benero- For the four months October- Semarang Balaria, Rombay, Louder January the figures for imports from average rates of exchange, in Vehicles.... 546,840) (544977) lent Society, Sanitary Board Room,

BRANCHER AND AGENCIES, JAPAN-Toyko, Yokolumo, Kobe, Ducka, PORNOSA Olsen, Ka Karanka, Estong

Tako Taxed, Toen, Baito, Taito.

Bestow, CalCHE OTHERS Hong Kong Gagapore, Borrabaya.

Fork, Daire-

LONDON BANKERS:

Darclays Bank, Ind., Liopia Bank, Ltd. Mislead Bank, Ltd., Woniminates Bank, Fhella

The Each has Correspondente in all the principal Dommercial Berstres throughout the world.

NAGURA,

Матер

HONG KONG UHANCH.

3. Das Var Road Central Hong Kong. December 4, 101,

FOR SALE.

Stanley Gibbon's Postage Stamps

Catalogues

GRACA & CO.

Dealers In Postage Stamps, Garden Seeds, Picture Books, · Toys, etc, etc.. No. 10, WYNDHAM STREET, LO. Box No. 628. HONG KONG.

Japan are as follow: --

(000's omitted)

*

brackets:----

January

7,241 488 February 4,895 284

Wearing

IMPORTS EXPORTS Apparel ..{ 369,569,023 847,975,620 | Sundries:- (£2,981,918) (£2,881,300)

$66,592,416 $87,721 887 Bags

(£2.582,483) ($1,738,742) Electrical

1931

7,402 470 March 1717 116

$71,773.140

871.773.140 $64,484,250

Apparatus

1990 1931 1931 1992

7.747 444 April 1,608 115

(£8,532,684) (£2,670,186)

October 1930 1931 November 1930

December

January

5,188 255 May 1,322 93 The following table shows the June chiof declines in Duports from

July Japan:-

Balding Materials Cemont Picals Chemicals & Drugs Adid

Jan. 1931 Jan. 1932 August

280,204 56,707) September

October

$64.701,589 146,030,784 Hides (£3,167,632) (£2,258,088) Leather (All

(£2,199,919) (22,054,706)

$58,117,245 842,040,034

Kinda)

$57,376,770 $48,866,317 (£2,749,804) (£2,101,428):

Paper

427,532 180,213 218,254 1,617,550 Post Office Bldg., 11 am, 567,210) ( 1,207,608) March 9-Hong Kong Telephone Co., Ltd., Exchange Bldg., 2nd 1.015.287 1,065,029 Boor, 11 a.m.

(1,058,788) (979,225)

801,488

247.514

Flower Show,

(511,471) ( 371,759) March $ Hong Kong Horticul-

185,000 208,787tural Show, Valunteer Headquar

(376,688) ters, 8-7 p.m.

1,074.497) (1,078.883) Nuts & Beads-

$58,012,911 241,608,449 Matches...{ 208,808) (334,788) Helor Seeds

453,070

4,457,399

£2,000,645) (£2,080,712)

288,066 Pepper 460,878,222 344,059,882 Manures... 943,268) (785,069) Sesamum (£2,917,081) (52,111,203)

Seeds 8,187,482 Others......(2,905,854) (4,415,778) O & Fate:-

Other Beeds

$88 450,477 $44,980,877 (£8,222,086)

2,095) (22,284,186) 104.604,000 $40,518,518

(23,661,497) (22,991,442) $60,288,378 $45,222,834

(£3,050,188)

55,617,877 42,400,057 Total...(64,832,189) (58,821,617)

Comparison of Quantities.

Petrol

Kerosene

Parafin Wax

(4,084,850 1881 rhe following comparative table Coccanut Oil

$63,494,784 $44,050,848

Peanut Oil

7,270

| November 208 6,521

December 14.736

(54 630,817) (£3,143,218) shows the quantities of certain of Linseed Oll, 27,545

6,562 January

$64,087,209 $38,288,053 the chief commodities imported wood Off ... (43,817,092) (£2,702,100) into Hong Kong during the month 2,864 212 Mean rate of exchange for January, of January 1981 and 1982;~~

1982, H.K$=1. 415/16d. 37,304 22,890

5,849

4601

|

Plece Goods Cotton

-1,858 1,980 H15 Cu. Ft. 888,088212,814 Leather

70,785

190.926 430,028

188,000)

1,028.741

188,729 183,940. Groundnuts .

46,037

21.461

4,984 3,093

1,668

2,000

2,957

3,364

1,197 1,019

for 1932

Whole World

British Empire Foreign Countries ....

.$12.00 .$ 5.25 .$ 8.00

Hydrochloric Bleaching

Power $ Sodium

Sulphide & Sulphur Pharmaceutical

Products $ Chinese Medicines Ginseng Chinese Medicine

N.O.E. $ Foodstuffs Fish&Fishery

Products $ Wheat Flour

Picals

.Gallons #12,654 507,856 5,418,801 2,883,567 ..Picnis 1,760

619

17,896

24,410

821

H

1,348

738

19.843 25.371

3,502

2 502

11,711

Places

108.705

Values by Countries.

589,370

Grains

Sugar

6,156

U.K.

6,679,850 392,994 (7,881,348) (441.865)

below by countries, the figures for Building Materials: 1,372 January 1931 being given in brac. Bricks &

keta:

Tilan Cement IMPORTS EXPORTS Glass:

Lime

Animals, Live:- The total values of imports and

Cattle exports of merchandise are shown Pigs

Flood

Jan, 1981 Jan, 1982 |

Suiting... 8,821 4,807 Union Cloth 26,886 80,005 Silk Plece

Yards 9,701.3881 8,523,101

83.641 30 346

68,274 51,249

.Places 2,815,808 8,241,183 Yarn....bs. 12,200 55,400

Picule

844,658 175,101 Sundries ---- Sq. Ft. 450,657 652,904 Gunnies... Plecom“ 1,822,550 Picula

.Plculs 5,586

Goods ...Pkuls 1,118 Art. Silk

514

381,320

4,529

Druga:

AustraÑa

Burma

505,429 159,307 (884,673)

Picals

2,896

1,328 H

(Sole) ...

4,450

H

2,940

Mate

128.66

(168,949) Alum

2,887

8,967 “(Other)", „Balss 35,808

28,034

Bleaching

Paper

(198,675)

Powder

1,088

987 (China) Picals 9,967.

0,852

Canada

Ceylon

280,994 Soda Ash

6.409

11,724 Common

(490,588)

E. Africs

14.880 (12,536) 89.899

Dyeing & Tanning Materials?—

Betelnuta

Soap

3,085

701

CatchTM

Gambler

1,849

2,968

89,781

1,170

278

2,021

Liquors

| ERY??

29,381

9,8101

2,556

: 7,104

Machinery & Engines Industrial' Machinery

India

Wood

410

275

| New Zealand

107,520

12,065

600

18,328

Manures..

Bulphate of

Ammonia $

B.N/Barnao

Afrika

Nails Brass Screw...

W!:(Wood) Galvanised

480 Straits

112,809 · · Shark Fins &

17,280, 1 (78,776) 2,687,028 Bacon. Ham (8,240,847)

2,810 Bio

Sheetal

W. Indles

·8.510)

aver ILS:8,000,000.00

over $80,000,000.00

Painte

Paints N.O.E.

12,098

18,970

(8,008)

B.E. Other

04574

(97,874)

Esce Gooda

Belgium

Unbleached.

37,778

China North

18,280 2,974,097

Middle

51,278

208,990

Bouth

Onions Potatoes Condiments Meat and Fish

(Tinned and

Potted)

Mushrooms

RELIABLE PRINTING Hardware

no order too smal

THE NEWERAPER ENTERPRISE, LTD,'

Brushes**** Enamel Ware Hardware

NOE

Malt Liquors

OF EAST ASIA, LTD. M

Established: 1918.

HEAD OFFICE:\.

10, Des Voeux Road. Central. HONG KONG

Capital and Surplus Total Resourcon

Every description of Banking and Exchange business

transacted.

and Fixed Depot Accounts in local and for- neles opened for cllants.

ure Assount and Safe Deposit Boxes

¤ the “world;

KANTONG PO

Chler,anager.

I TO'N VE

T

W. Africa

(1082) 1,488 280

(19,854) Indigo (Art.) 207,102 (40,415)! 247,0805AMA 81,741 BeADS (86,460) Fresh Fish.

Bark angrove

(900,857) (828,518) Foodst

ይ4,916 (22.207) 148,000 (828,497)

68,907 (2,450)

(1,190

(180,161)

THE HONG KONG ROPE' MANUFACTURING CO., LTD.

Subject to audit, the Hong Kong 63,437 Rope Manufacturing Co. Ltd., re 10,415 port that the balance at credit of 1,178 1,078 Proit and Loss Account for the year ended December 81' 1931, is 118.029 128 129

869,105 $214,810.86, which, together with 330,812 369195 382,319.46 brought forward from 80,574 the previous year, makes a total of 780,689 1,284,550 $277,729.82 available for supro- 820,419 428,789

'5,457

1,450 Priation 7,889 7,876

170,997

118,865 104,191

2,348

- The Directors will, at the forth- coming Ordinary General Meeting of Bhareholders to be held on March 30, recommend the following. distribution.

Pay: a dividend" of "'":"853