1932-06-14 — Page 2

China Mail 德臣西報 中國郵報 All

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION.

authorised plaid S49,900,000 Intad and Pully Paid-up 30,000,000 Betorve Funda

Berling Silver

2.1,500,000 10,060.000

Ensures Liability of Proprietors 100,000,000 HEAD OFFICE: HONG KONG,

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

Incorporated by Royal Charter, 1853.

HEAD OFFICE: LONDON.

Paid-up Capital

THE HO HONG BANK, LTD.

(Established 1917.)

THE

CHINA MAIL.

8,000,000

4,000,000

Commerce

Finance

and

HEAD OFFICE:-SINGAPORE. Hong Kong Branch:'13, Queen's Rd. C.

Authorised Capital Straits $20,000,000 Issued Capital

Paid-up Capital

Reserve Liabilities of

Shareholders

4,000,000 2,687,000

Surpis, Agencies and Correspon-

dents, in the principal cities of the £3,000,000 world. ...£3,000,000 Every description of Banking 'and'

Exchange business transacted. £3,000,000

TAN ENG HOOL,

Manager.

Reserve Fund

BOARD OF DIRECTORS:

Reserve Liability of Pro-

prietors

}

Joo. Mr. J. J. Paternon. Chairman

Agencies and Branches:

ALOR STAR

AMRITSAR

KROTNO

MADRAS

MANILA

MEDAS

PGIPINO (Pekingi

T.' E Fearos, Esq. Deputy Chalemin

Hon. Mr. W. II. Ball,

A. H. Complos, Eng M. T. Jakkson, Eng. 0. Makio. Esi

3. A. Plemmar, Esq. T. R. Shaw, Esq. J. P. Warren, Bag,

V. M. Greykum, Esq. Chis! Manager

URANCHIES:-

LONDON

MALACCA

BANGKOK BATAVIA BOMBAY CALCUTTA CANTON CAWNPORE CEBU. COLOMBO DELMI

HAIPHONG

HANDGRO

NEW YORK

AMOY

BANGKOK

BATAVIA

BOMBAY

CALOUTTA

•CANTON CHEPDO COLOMBO

DAIREN

POOCHOW

HAIPHONG

ПАМПОВО

HANKOW

HARBIN

HONG KRW

trak

JONORE

KONE

EOWLCHON

KUALA LUMPUR

JANKOW

HARBIN

HÔNG ĐẠH

FLOILO

KABAGHI

KLANO

KORE

PENANG

BANOODN

SATOON

SEMARANG

SEDEMDAN

SHANGHAL

SINGAPORE

SITTAWAN

SOUTHABAYA

THE NATIONAL CITY BANK OF

NEW YORK.

HEAD OFFICE: 55. Wall Street, NEW YORK.

Capital, Surplus and

Undivided. Profits U.S.$225,503,775.00

Branches in-

LYONS

MANILA

ARGENTINE

MUAI (Johor)

TAIPING

MUEDEN

TIESTAIN

BELGIUM

NEW YORK

TONGKAT (Bhube!).

BRAZIL

PEIPING

TRINOTAO

CHILE

YOKOHAMA

MANGOON

KUALA KANGSAR

ZAMBOANGA

CHINA

KUALA LUMPUR

HAIGON

SAN FRANCISCO ·

SHANGHAI

Foreign

Exchange

and

General

COLUMBIA CUBA

SINGANIBE

SOUNADYA

DOMINICAN REPUBLIC

PENANG

SEXGEL PATANI

THESTSIN

TOKYO

TSINOTAO YOKOHAMA

Current Arrouble opened in Focs Currency and Fixed Deponila, reculved for one year of aborter periods in Local Company and Sterling on form which will be quoted on application finog Kong. 5th April, 1012.

HONG KONG SAVINGS BANK.

The Fusiness cf the sturve Ɛlack condusted

the TLONG KONG AND CHANGELI BANE- 4G OURPORATION. ' may be obvaimad rem application,

FOR THE MONOKONG AND SHANGHAI BANKING CORPORATION.

V. M. OKATBORN.

Ole! Massaga.

Hong Kong, 17th February, 1932.

THE BANK OF CANTON, LTD.

Established 1912.

Head Office:Hong Kong.

Authorised Capital (II.K. Currency)... 111,000,205 Frid-Up Capital

Her Fund ....

BRANCHES

Canton, Shanghai,

Beskow

8,865,000 1,100,000

Ematow, Bangkok, New York and Ben Frazielaso);

LONDON DANKERS

The Lloyd's Bank, Ilmited.

CORRESPONDENTS

Ke ali principal dilies of the World.

Foreign Exchange and, banking business of

atary concription transacted.

Batu Deposit Boxes (various sizes) ni s yourly

-cenial of from 5 to $40.

LOOK POONG SHAN,

Chief Manager.

THE BANK OF CHINA.

行銀國中

Reorganised October 26, 1928, under

special charter of The National Gov- ernment as an

INTERNATIONAL EXCHANGE

BANK.

Subscribed Capital.....$25,000,000.00 | Paid-up Capital Reserve Funda

..$24,710,200.00

.$ 3,820,503.82

HEAD OFFICE: SHANGHAL

HONG KONG BRANCH:

4, Queen's Road Central,

Owing to our numerous branches in China and large connections in the im portant commercial centres of the world, we are able to extend to our clients special facilities for domestic and foreign banking and exchanges.

We also handle the issue of Bonds

Banking business transacted.

Current Accounts opened and Fix-INDIA ed Deposits received for one year or ITALY shorter periods at rates which will be JAPAN quoted on application.

J. STUART,

Manager. Hong Kong, 11th April, 1982.

THE NATIONAL COMMERCIAL

SAVINGS BANK, LTD.

CURRENT ACCOUNTS. Cheques Cashed in 15 minutes while you wait.

SAVINGS ACCOUNTS

We offer good rates of interest.

TOTAL RESOURCES

$19,000,000

EFFICIENT TRUSTWORTHY

RELIABLE COURTEOUS.

144-150, Des Voeux Rd. C.

NEDERLANDSCHE HANDEL- MAATSCHAPPIJ, N.V. :

(SETKCHLANDS TRADING MOCIETY)

BANKERS,

Established 184.

Hong Kong Office :—11. Queen's Blood Central.

LONDON

MEXICO PANAMA

PERU PHILIPPINE ISLANDS PORTO RICO “ STRAITS

SETTLEMENTS URUGUAY VENEZUELA

NEW YORK AND LONDON STOCKS

2

IRREGULAR BUT SLIGHT RECOVERY SHOWN.

Borden Company Borg Warner Canadian Paciße Rail.

Commercial and Travellers' Letters Case J. of Credits, Travellers' Cheques, Bills Case,

Latest Quotations.

of Exchange and Cable Transfers Chase Bank hought and sold. Current accounts Chesapeake Corn. and

Chrysler Savings Bank accounts opened and Fixed Deposits in local and foreign Cities Service Co. currencies taken at rates that may be m

Columbia Gas & Electric ascertained on application to the Bank. Com. Southern

TUESDAY, JUNE 14, 1932.

BANK OF MALAYA LIQUIDATION. Possibility of Sale

Being Effected.

Over 800 creditors, including nearly fifty Chinese ladies, were present at the meeting of creditors called by the liquidators of the Bank of Malaya, Limited, in volun-

TO SMASH US MONOPOLY.

Eight Factories More Next Month,

CANNING INDUSTRY.

Britain's canned food, and fruit

tary liquidation, which was held at industry has grown so swiftly in the Bank's offices on May 26. Mr. the last few years that it is now Seenivasagam addressed the meet- able to supply the home market anw ing and, in the course of his re-seek export orders. marks, said that he wished to tell

Eight new factories to start next them that there had been rumours month will give the final blow to the that there had been rumours that United States monopoly in Eng the liquidators had been negotiating land, providing work for thousands. June for the sale of the Bank as a going

LONDON STOCKS.

June 3

8

52% 51% Chinese Govt. Bonds:

5% 5% Reorge.

2214 20 Honan 5%

concern.

In five years the industry has in-

Those rumours, in spite of every creased its output from 10,000,000 endeavour that was made, they had cans a year to, 60,000,000 cans. not been able to either affirm or con-

The eight new mass-production tradict before, but he was that day factories start operations next in the happy position to be able to month, dotted over the various pro- confirm the rumour.

ducing areas of the countryside.

This is the latest development in Negotiations were going on very satisfactorily and, if the sale the romantic rise of an industry. eventuated, which they hoped which since 1925 has captured the would be that payment in full would U.S. monopoly of the home market: have to be made to every creditor. saved the tin amelting industry of It was not in the interests of South Wales; Found employment themselves or in the interests of the for thousands of men and women; buyers that he should disclose the and provided a new hope for Bri- names of the parties who were de-toin's countryside,

At present, two great factories, sirous of buying the Bank at that.

each with a capacity for turning out stage. 08

600,000,000 tin cans & year,

NEW YORK STOCKS.

June 4

&

American Tel & Tel American Tobacco "B" American Waterworks

Adams Express Allled Chemical & Dye... American Can ....... Allis Chalmers.**** American & For, Power.. Amer, &

For. Power Warr. American Smelting.....

-24 2

54

40%

88%

1913, Lond.

60

60%

24 1

2 1898 Eng.

84%

85

14% 1908

68

58

7%

7% 5% 1912

90

53

87% 5% 1920

38%

1925

28%

82

88

51% Imperial Rly. 5%

71%

71%

15%

15% S. N. R.

28%

28

Anacoda Copper

4%

4%

| Auburn Automobiel Baltimore & Ohio Bethlehem Steel

38

2% 8-10

5-10

5 7-12 7-12

6

Tientsin Pakow

10

9%

5% 2nd

10

5-10

25%

24% Shaf-H'chow.

4%

4444

9% Hukuan 5

Ningpe 5%

571⁄2

11-18

574 14-18"

24% 23% Lunghai 5%

5-10 5-10

74

8%

8% Marconi

74

7% Vickers &

arconi 8%

7

-5-10 5-10

5-9

5-9

24

H& $ Bank

99

2%

Chartered Bank

11

11

2% Mercantile Bank

17

17

5/10

38

5/16 1.C.S.N. 6% cum.

34

314

4%%% 4%

L.C.S.N. det ord.

2

Gong

6/8

6/3

30-20

B. A. Co. Reg.

Shell T. & T. Reg.

28% 27% P. & 0. def

12/

33/9 32/6

12/-

43%

41334

42% Jap 5% Loan,

1007

54%

56

844

7% Jan. 6% Loon, 1924

£

641⁄2

Cr

65

Chi. Eng. & Mining

22/6

23/9

11/4

1 Consols

63%

532

11

11%

11% War Loan 5%

101%

102%

24%

24

Canadian Pacific...

12

3% Victory Bonds, ·4%

101

General Rail. Signal

Gillette Safety Razor Gold Dust

14% 13% Lean, Br.

9% 8% German 7% Int

56

101

39

11..

Goodrich

Rubber

-0% -8%

3

10% S'hal Elec. Con... 55/-

Unofficial quotations.

8

สน

4% L. C. I., ord

† Ex-dividend..

12/3

Courtaulds, ord.

25

12/9 25/7

..

17

18% Dunlops, ord.

3/9

10

4%

4

Cables &

4%

3%

Wireless "B"

64

12

12

Cables & “A”

64 6%

Cables & pref.

11 344

1114 35%

1/82 1/10

43% 41% 16%

& We are also able to offer our Cus. Com. & So. Warr.

tomers the services of the Branches Consolidated Gas of N. Y. 39% of the international Banking Corpora. Continental on tion in Spain and also of The National Corn Products City Bank of New York (France), Curtiss Wright Com.. S.A., in Paris and Nice.

Inc. Drug C

R. M. MCLAY,

Hong Kong, May 13, 1932.

Du Poht de N

Manager.

Eastman Ko€£

Electric Bond

Electric Pow

Fox Film "A"

General Electric

THE BANK OF TAIWAN, LTD. General Foods

(TAIWAN GINKO.)

HEAD OFFICE:-Taipeh, Formosa,

Incorporated by Special Imperial Charter, 1899.

Central Nork In Formosa.

General Motors

Goodyear Tire & Rubber International Cement

MA

Int. Combustion Engine International Harvester International Nickel

Bauk-Soles Jourd Average amount Yeu. 45.000,000FU

BRANCHES AND AGENCIES: JAPAN:-Tokyo, Yokohama, Kobe, Danka. PODMOSA-irao, Ragi. Karenko,

Sfokeng Nanio, Shinchi, Taichu, Tain

Realung, International Tel, & Tël..

Johns Manville Konnecott

Takso. Tamsul, Toen, Hello. Talle, CHINA I—Shanghai, Hankow, Amay. Foocha,

* Hwntow, Canton. OTHERS-Hong Kong.

Flagapore, Serbiya,

Semarang Dalarla. Bombay. London. New York, Pairen.

LONDON BANKERS:

Barclays Bank, Ltd., Lloyds Bank Ltd. Midland Bank, Lid. Westminster link, d.

1/

Kreuger & Toll

Liggett & Myers "B"

Loew's Inc. AN

Lorillard P. Cor (Com.) Ludlum Steel

Montgomery Ward

32% 31

Ung. Unq,

The Bank has Corripondents sa at the principal Nat. City Bk. (bid price) 30% 28%

Cominercial Centres throughout the world.

E. NADERA,

Малярет

"

HONG KONG DRANCH

D.. Des Youx Road Central. Hong Kong, December 24, 1901.

Authorived Capital. Guida's 100,000,000 ALEXANDER

Paid-Up Capital Galider 82,000,000 Reserva Fand ............................. Builder (0,015,000-

Head Office :—¿MSTERDAM*.

Eastern Head Ofies:-BATAVIA,

Branches :-Bendjermasta, Bandung" Hom

Calcutta,

Cherion, Djumber, Djok jkarte, The Ingue", Jiddab. Köbe,

Makassar, Medan,”, Palombang. Pak longan. Penang, Rangoon, Botterdam", Bemerang". Shanghai, Singapore, Soura.

bala, Coceskarte (Solo), Tegal, Tit

and Westerreilen".

• Them offers have bale Deposit Dozen to Lei.

LONDON DANKERS –

NATIONAL PROVINCIAL BANK LAD.

INSTITUT

DE BEAUTE

Phone 25169, Pedder Building (lat Floor)

Opposite Entrance to Hong Kong Hotel.

Lastrous Oil Permanent Hair Wars

Nevada Copper

New York Central North American Co. Pacific Gas & Electric Packard Motors Paranicunt Publix Pennsylvania. Railroad

Corp.

lips Petroleum

Service of N. J.

Radio Keith Orp

Scars Roebuck

2%

124 20% 19% 212 213

214

2

23%

.

Expert Explains.

are

Mr. Kilner sald that it was a mat-working at full pressure to meet ter of regret that they had been un- the demands of the canning fac- able to circulate the statement of tories. accounta There were two type-

70/- 68/14+written statements of the accounts

on the table, which were open the inspection of any creditor.

Flavour Retained.

The demand for canned- English

to fruits and vegetables for the coming

season is so enormous that all the

As regards the book values, etc., factories will be working at full he need not say more than that the pressure from early next month assets totalled more than 2%1⁄2 million, until the end of the year. dollars and, according to the book English peas which retain their 12% value, creditors were fully covered. flavour all the year round are in In regard to what might happen such demand that this year the during liquidation, he assumed that quantity canned will be three times 62/6 all liabilities owed by the Bank greater than last year.

would amount to $1,086,467.32. "The reason for our tremendous

Continuing, Mr. Kilner said that success is that we have discovered. in regard to the amount they expect a process of retaining the freshness ted from the assets, it was very of fruit and vegetables", said Sir difficult to arrive at a proper valua-Edgar Jones, chairman of the Na- 7%tion at that stage, so he did not tional Food Canning Council.

[propose to give details.

"Peas, which will be coming on

SPANISH IRON TRADE.

Locomotive Works to Make Motor-Cars.

Madrid, May 13.

As regards the property owned by early next month, are canded within the Bank, they had valued the pro- 24 hours of being gathered in the perty at 66 per cent. of the book fields.. value.

"French beans and potatoes will In regard to money due to the follow, and as the various fruits Bank, the liquidators expected to come into season they will also be realise 77 per cent. of the amount canned-strawberries, raspberries,

loganberries, plums.

of the overdrafts..

The other asset of the Bank was

"Food canning factories now cash-in-hand with banks, which, of cover practically the whole country.

Iron is one of the Spanish indus-course, they expected to realise in Three of the new factories are in 12tries most affected by the world

8% depression. Work is. almost para-

full.

The Bank's Assets.

Kent, and one each at Ely, Slough, Colchester, in Yorkshire, and in

At the reduced valuation made by Scotland.

35 lysed at most of the iron factories the liquidators, the total assets of

OTL

other places in the Bank were nearly double the

2 The Government is giving the liabilities and method of valuing the

84 problem its keenest consideration. assets were in the two statements

6% Senor Indalecio Prieto, the Minis-on the table and any creditor who

Radio Corporation

4

at Vizcaya and

24

Reynolds Tobacco "B"

30%

15%

Shell Union

30% Northern Spain, where over 20,000 total valuation of the liabilities. 15% metal workers are out of work.

The details of the assets and the

Simmons Company

Socony-Vacuum Corp.

Southern Cal. Edison

19%

19

Standard Gas & Electric

10%

10%

10% workers on the possibility of trans-

10% ter of Public Works, is to go to wanted to inspect them 24% Bilbao to consult employers and copies might do so.

and take

A creditor asked what the liquida-

3

41 184

those employed in the manufacture hand..

38

of locomotive engines, for which

Mr. Seenivasagam replied that

Texas Guti

15% 15% forming some of the works, such as tors were going to do with cash-in-

which are Large, Boft and Natural Standard Oil of N. J. Artistic Finger and Marcel Waves, Oll Texas Corporation

Galt Sulphur Treatment, Shampooing, Henna Pack (Any colour), Hair Cuting and Mank Transamerica cure for Ladies and Gentlemen. Coe Union Carbide & Carbon..

Union Pacific Correspondents all over the world. Banking Bual scientious Artirile Work by European United

Expert, Mr. Alexander.

Aircraft & Traas, United Corp. A VISIT WILL CONVINCE YOU. United Gan

Improvement 18% UL. S.

S. Rubber Steel Vanadium Warner Bros. Pictures

mes of every description transacted.

A. STOKKINK

Hong Kong, I December, 1991.

THE

Manager.

and other Public Funds of the Chin-AMERICAN EXPRESS COMPANY,

ese Government both at home and shroad

Hong Kong, 5th March, 1991.

ING.

SHOU J. CHEN,

Manager.

Head Office: 65, Broadway. New York.

Capital Surplas

Beserves

THE YOKOHAMA SPECIE BANK.-

LIMITED,

Established 1880.

Capital (fully paid-up) Yen 100,000,000 Reserve Fund

Bead Ofce:--YOKOHAMA,

Antwerp Athana

U.S.$8,000,000.00. .U.S.$1,832,882.04 U.9,$1,488,116.73

BRANCHES

Bhangbai Southampton Bingapor

Amsterdam

Gean Glasgow Karina

...Yen 117,800,000

Beals Barlia

Elarrita

Bombay

Ilamburg

Interlaken Jarenlan

Nor Kinglan Piraeus

PARIAE Paklor

Palermo

Disman

Branches and Agencies at:

Bezwole

Loudou

Buenos Aire

Liverpool

Botterdam Horse Stamboul

Alexandria.

Nagasaki

Cairo-

Laserga

Batavia

Nagoya

Calcula

Logado

Cannes

Εικόν

Nowchwang

Marssilla

St. Morits

New York

Constantinople Moute Carto

Tiesiain.

Окака

Copenhagen

Vianns

Bánburga Munich

Venice

Paris

Changchun

Dairen (Dalny)

Pelping

Florace Cave

Montreux

Yokoham Zurich

Rangoon

Hamburg

San Francisco

Hankow

Seattle

Harbin

Berlin

Bombay

Fengthen (Makden) Rio de Janeiro

Hong Kong

Honolulu Kal-Vien

Karachi

Kobe

London .

Los Angeles

Manila

Semarang

Shanghal Shimonoreki Blugapore Boerabaya Sydney Tientsin

Tokyo **

Tangtan

Branches of American Express Com- pany in Principal cities of United States of America and Canada, dan

CHARGES MODERATE.

PHOTO-SUPPLIES

Kodaks and Cameras. Films, Plates and Papers, etc. Developing, Printing and Enlarging.

ZIESS and BUSCH FIELD GLASSES,

Price Moderate.

A Trial Order is Solicited,

A. SEK & CO.

Tel No. 23459.

28A, Des Voeux Road, C. Houg Köng.

8% there is no demand, into factories the money would be paid over to the

5 for the manufacture of motor-cars creditors.

and accessories.

18

2% 30%

26

28%

1

Westinghouse E. &. M. Woolworth

***

27

*** not reed.

Air Reduction

39

Amer. Sugar Refining Auburn

Bendix Aviation.

Canada Dry Ginger Ale

8

5%

28%

Catepillar Tractor

Continental Can

Coty, Inc.

Diamond Match

Elec. Aute Lite. Co.

Elec. Power & Light

Trust Series "g

1

FORESTAL LAND, TIMBER AND RAILWAYS CO.

Now Interested in Leather and Associated Trades.

"When will it be paid?" asked an- Negotiations have been started in other creditor.

London, May 14. Paris with Soviet Russia for the Mr. Seenivasagam replied that it Land, Timber, and Railways Com

The business of the Forestal exchange of 100,000 tons of Spanish was very difficult to say when. If pay is now that of a trading and metal producte for Russian oil. No a dividend was declared immediate holding company interested in the definite arrangement is reported so ly, it would amount to only 2 or leather and associated trades. Its far. Senor Marcelino Domingo, the per cent. In his opinion, to do

14% 14% Spanish Minister for Agriculture, this would not be advisable.

will be leaving shortly for Paris

6 to attend the Industrial. Fair, and

8

¡income is in the main dependent on dividends received from subsidiary The Payment of Dividends. Another creditor asked if any companies. Last year these totalled 5% will try to bring the negotiations time limit had been decided on in only 217,468, against £80,092 in 22 to completion.

regard to the payment of dividends showed a loss, but the respective 1980.. None of the subsidiaries

At the same time he will approach, Mr. Seenivasagam · replied that

13% the French Government with a view the liquidators would pay dividends boards. "very properly decided to 10% 2% to softening the asperities which whenever they had sufficient money make adequate provision out of pro-

4 recently arose in Franco-Spanish to pay a reasonable percentage. 2% 2% commercial relations.

Fund. Trust Series "A"

*

2%

ral Amer Tank Car Ink.

12%

11.

4

12/4

OPEL

All classes af. Commercial Banking Transactions undertaken.

For

Personal Investment accounta händled. polye

The Company offers to intending Travellers the use of its Tra

Interest allowed on Current Ac Cheques and Letters of Cre

counts.

In addition, the world-wide

Deposits received for fixed periods of its thoroughly equipped at rates to be obtained on application, partiment.

INTING

General

Int. Picks

Mark

Mack

Nat'l Blacuit Nat'l Cash Register Nat'l Dairy Products

Otla Elevator Safeway Stores

United Fruit

S

U. S. Realty & Imp

12 80%

18% 18 114 11 41% 40% 1414 8

8

LL.D. CERTIFICATES.

|CROWN LAND SALES.

Three Lots Disposed of Yesterday..

fits for the depreciation in value of

Under the law, if the liquidators the stocks held by them." --> did not complete the whole of the A footnote to the balance-sheet winding up within one year, they records that 40 per cent of the were able to a stringent Inquiry aggregate subsidiaries' profits was lactually set against previous debit

by Government.

A Chinese lady said that some of balances on profit and loss account, the Bank's depositors wanted to go 32 per cent. (against 86 per cent.” In

to China and found that they were 1980) was declared as dividends, Three lots of Crown land, two unable to wait as long as a year and 28 per cent, was carried for= in Kowloon and one in Hong Kong, for their money.

ward in their respective accounts, were sold at auction yesterday, Another lady, said that the wo-The total income of the parent The prices were slightly in excess men's money had been hard-earned undertaking fell from 2655,185 to of those received three years ago, money and women shouki, there- £108,071, and after reserving. #180,- Mesars. A Gooke & Co., local The Superintendent of Crown fore, be paid before other creditors. 000 for doubtful debts there was agents for the Boclete Internation- Lands and Surveys (M. E. B. Mr. Seenivasagam repiled that deficit to $181,788, By writing ala de Placements, Beale, advise Reed) conducted the sale. There he sympathised with the ladies, but, back $109,204 from res us that yesterday's official quotation was no competition.

In Basle was: 32.8. Od.

under the law, the liquidators could longer required and the lance of For a building allotment of not give the ladies preference, ed income to account the-lols was re- 2,445 equare feet in New Kowloon The liquidators were hoping. If duced to £22,588 and wri BRITISH COTTON AND WOOL bid of 38,668 (with an annual the sale went through to pay all with the preference dividend for the

creditors in fall within a month's year (2111,981); Paga

balance of proft, brought for

{{final credit! ation ofb

DYERS

itish Cotton

tion

net

rental of $84) was accepted.

An area br 5,000 squa

Wool siso in New Kowloon was

$15,000. In 192

afita were

Kother)

MORI

Hong Kong, 11th March, 1902.

46. EN WA DUGGAN5%

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