1933-03-20 — Page 4

BANKS

HONG KONG AND SHANGHAI

BANKING CORPORATION,

Imned and Fully Paid-up

Bovora Funda

Reserva Liability of Proprietors .... $91,000,100

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

Incorporated by Royal Charter, 1853

HEAD OFFICE: LONDON.

Authorised Capital ...........

Eberling

$60,000,000 30,000,000

£8,000,000 $3,000

T. II. II. Mhan, Eng

J. A. Mammer, Esq.

Then Mr. 1948 Mieste 3. P. Warren, Bag,

Stinkin, duce.

V. M. Graybarn, ling.

Chief Manager.

ANANCHEM

AMOX

BANGKOK

BATAVIA BOMBAY

CALCUTTA

CANTON CHEFOO COLOMBO

LTOND

MALACCA MANILA

MUAR (Johor

BORDEN

NEW TORT

PEITING

BOMBAT CLLOUTTA

CANTON CAWNPORE CEBU

QU LONDO DELU

HAIPHONO RAMBORG IPANKOW

BONG KONO

ILOILO

IRCHI

NEW YORK

PENAKO

BANGOON BATOON

SEMARANG

SEREMBAN

SHANOBAL

MNGAPURR

SITIAWAN

DAIREN

POOCHOW

HAIPHONG

HANKOW

ITALIN

HANDURA

BONGE W

110110

10u

KONK

JOBORE

אמא אמן

PENANG

MANGOON

FAIOON

BAN FRANCISON

SHANGHAI

HINGAPORE..

SOURABAYA

SUNGEI PATANI THUNTHIN

TOKYO

TRINITAO YOKOHAMA

DARBIN

Foreign

Bunking business transacted.

Current Accounts opened and Fix- Deposits received for one year or charler periods at rates which will be quoted on application.

EXCHANGES.

THE CHINA MAIL.

Commerce and Finance

TO-DAY'S QUOTATIONS.

NEW YORK STOCK EXCHANGE

A.O.F.C. Quotations.

New York, Saturday. Dow Jones Averages.

Last To-day's Changes. Aver. Aver.

60,50 20.00 23.40

.51 up

HOTEL COY.'S

ATTITUDE TO

BUS SERVICES

(Continued from Page' 1.)

Fuel Cost Saving.

verse points I have enumerated, an

MONDAY, MARCH 20, 1933.

Reduced Profits By Hotels Ltd.

(Continued from Page 1)

"You will doubtless. note with satisfaction that the charges incur cupancy at our Hotels in Hong Kong red for Bank Interest last year only has been maintained, nevertheless, amounted to $94,897.53. This is in order to secure this, it has been the lowest level reached in respect

| important saving in fuel costs has prevailed.

"Offgetting, in a measure, the ad- necessary to accept rates on a low of this charge for many years past- jer scale than that which formerly.

a position rendered possible by the substantial decrease in the Com- Investment Dividends Fall,

pany's mortgage indebtedness of- Dealing further with the Profitfected by the receipt in July last of

beer effected in connection with the running of eight buses which

to the fuel used by and Loss Account, comparison with the monies in respect of the issue (in regard them) have, by the installation the previous year's accounts reveals of New Capital. therein during the year of Cross that the income derived from "Divi- Allotment of New Shores,

dend on ley Diesel type engines, been

Investments" during the

"Turning to the Balance Sheet, I year under review has decreased to submit that with regard to items ad- abled to run on oil fuel.

"The vehicles comprising

This the the extent of some $23,000.

pearing on the Assets side, no com- 17 down Bus Fleet have been well maintain-tem represents the dividend

rement is necessary. With reference ed out of revenue, and, after pro-ceived from The Grand Hotel des to the contra side thereof, the figure 20 down vision for all applicable operative Wagons-Lite, Ltd., Peiping, and the of Issued Capital there appearing 07 down and overhead charges, the working decrease referred to shews the de-indicates the increase effected by the Messrs. E. A. Pierce & Co. Re-

of the bus routes resulted in a pressed trading conditions also ex-allotment of 193,867 New Shares port: The market is becoming

prost to the company, but one of perienced by that subsidiary, duc during the year. more selective. Sugar Stocks are reduced amount

severe drop in the when compared, mainly to the strong; there has also been a bet-

Mortgage Indebtedness, to which in previous volume of tourist traffic to that City have previously referred, amount- ¡with that contributed ter demand for Balls.

"Income from Rents of Shops and led at the end of the year to $1,095,- years. Business Done:-580,000 shares.

Offices also appears at a figure fall-b70.48 only. It is satisfactory to note Last To-day's

ing short by $12,500 of the sum ob- also that in comparison with the Price Price "In view of the prominence the Lained from that source during the similar liability existing at the close

question of the Bus Services for previous year. Hong Kong and the Mainland has brought about by certain remissions duction of $300,000 has been effect- This has been of the previous financial year, a re- recently received, I feel that Share of rentals made to the tenants of ed in the Company's indebtedness holders will allow me a few min-

Government Tender.

to Trade Creditors.

Astor House Hotel shops in the utes within which to present some building during the period of the particulars as to the basis

Paid-up Capital

.£3,000,000

HEAD OFFICE: HONG KONG

Reserve Fund

.£3,000,000

Reserve Liability of Pro-

On London-

BOARD OF DIRECTORS ·**

priclors

..£3,000,000

T.T.

2. I. Pearce, Eag Chairman

On demand

1/31/2 1/3

Agencies and Branches:

4 months' sight

1/3%

ALOR STAN

Credits 4

months'

Deputy Chairman.

AMBITRAR

RUCHINO

1. 14 Bell, Faq.

Ton. Mr. 2. 2. Patarsóu

BANGKOK

MADRAS

sight

1/4%

BATAVIA

MANILA

A. H. Compton, Emg-

MEDAN

On New York-

On demand

22N

PEIPINO (Peking!

Credits 60 days'

sight

2314

30 Industrials 68.73 20 Rails 8.58 20 Utilities. 23.60

On Paris-

40 Bonds... 76.35 74.28

On demand

5692

Credits 4 montha'

HJURANAYA

sight

607%

TAIPING

TIENTHON

On India-

KADACH

TONGKAR (Bhuket)

T.T.

85

ELANO

TINOTAO

BOOK

YOKOHAMA

On demand

853

KUALA LUMPYA

ZAMBOANGA

On Shanghai-

Exchange

and

General

On demand

7614

Air Reduction

50%

00%

On Kobe

Allied Chemical & Dye 844

84%

On demand

103

American Can

50%

60

American Tel. & Tel...

1035.

102

On Manila-

American Tob. "B"

$114

01

On demand

44%

Anaconda Copper Mining

8

On Singapore- Ол demand

Auburn

56

Borden C

3714

38

C...

23

22

On Batavia.........

Canadian Pacific

มิ

upon Sino-Japanese hostilities in the Company's forward which the Company submitted its

Motors

On demand

55

Gas of NY.

ཆ ཇ * ༈་

10

49

On Saigon-

Ine

35

504

Ilu Pont de Nemours

40

Eastman Kodak

50%

60

On demand

Electric Bond & Share

15%

143

General Electric

14%

Sovereigne Bank buy-

ing rate Bar silver pr

General Foods

26*4

1,414 173

General Motors

13%

23 inter-Hotel

Gilette Safety

15%

Bar Silver in Hong

Kong

Int. Harvester

Int. Harvester (Prof.)

8714

S£hid

Int. Tel. & Tel.

Nomina!

1. prea.

Loew's Inc.

Liggett & Myers "B"

13%

National Biscuit

Montgomery Ward

13

19xd

Parific Gas & Electric 25

24

Pennsylvania

RIY

1814

Radio

Sears Roebuck

Corpn.

4%

1976

19

Stan, Oil Co. of N. J.

26

SHARE MARKET.

Socony Vacuum Coran.

G

The

official

summary of the on Satur-

Union Carbide & Carbon Union Pacific United States Steel Westinghouse E. & M. 20%

24

24

...

774 30%

KOWLOON

KUALA LEYFEB

Purrent Kemusta opened in Local Currency and Fixed Deposita corolved for she past DE skretar portada, in Local Currency and Kierling on tuemy which will be quoted in application. Hong Kong, 25th February, 1933.

HONG KONG SAVINGS BANK.

The Boston zt the above Bank in zandurtzi by the HONG KONG AND BHANONAI BANE IRE CORPORATION. Bular may be obtained

application.

FOR THE BONGKONG BANKINN CORPORATION,

AND SHANGHAI

T. M. OBATAUER,

Chief Manger

Hong Kong, 26th February, 1933.

OVERSEA-CHINESE BANKING. CORPORATION, LTD.

(Incorporated in the Straits Settlement) -SUCCESSORS-TO-

The Ho Hong Bank, Ltd.

The Chinese Commercial Bank, Ltd. The Oversea-Chinese Bank, Ltd.

Head Office: Singapore.

Hong Kong Branch:—13, Queen's Rd. C.

Authorised Capital:-

Straits $40,000,000,00.

Paid-up Capital:

Straits $10,000,000.00. Branches and Agencies in the priori. eipal cities of the world.

Every description of Banking and Exchange business transacted.

Chua Keh Hai

Manager.

A. BREARLEY,

Manager.

Hong Kong, 17th November, 1932.

On demand

THE BANK OF TAIWAN, LTD. On Bangkok--

(TAIWAN GINKO.)

HEAD OFFICE:-Taipeh, Formosa.

Incorporated by Special Imperial Charter, 1893.

Creta hash in Formos Bank Notes und Avernas athrunk. Vec *",lxa) a BRANCHES AND 19ENCICH:

JAPAN-Tokyo. Yokohama. Kola, Oaks POLZONA: tres, Hagi. Karenko, Keelung.

Hakong. Naute, Shinchku. Tarku, Talan. Tan, Town, Hein Ende. CCHINA (Chenghai. Hankow,

Kwalow, Cantan, OTHERS: - Bona Kong. Fingapore,

Bang, Batarin,

tok, then

Amity

Poohe

Bonly. London. Aas

LONDON BANKERS:

Barclays Bank, hold Layde Yash, LAZ, Midland . Fotel, Water Park, Lid

Copper Cash

Copper Centa

Nominal

Rate of Native In-

terest

3% p.a. Chinese Sub. Coin ... 30% dis. Hong Kong Sub. Coin par.

The Bank line Corespondents in alt the pStock Exchange issued Commermal Contre trouglinut the win. E. NAGURA,

day.

PUKA LONG RANCH

De Vorox Ilood Central. „Kang ... Kang..._Duoember 91, 19!]__

Mong

NEDERLANDSCHE HANDEL- MAATSCHAPPIJ, N.V.

NETHERLAND“ TRADING SOCIET VI

BANKPOS.

Latabilabad 192

Ikony Long Offiq:-13, Queen's Itoné Coutr

Authorized Capital Fard-Up Capital Reserves

.1,150,000,000)

80,030,000 20,016,000

Band ~AMSTERDAM*.

Castors lived Uños:—BATAVIA.

THE BANK OF CANTON, LTD. Wenches Bandjermanis, Hasdowng", Bombay,

Established 1912.

Head Office:-Hong Kong.

-' off

Authorland Capital [11.8. Currency) ....$11,000,000 Pad-Up Capital ....

Barve Fund....

BRANCUES:

BOSA,K 1,220,000

Caulco, Shanghai, Hankov, Bangkok,

Pranokon.

LONDON BANKERS :—

The Lord's Bank, Linded. CORRESPONDENTS

in all prtacijai dtime of the World.

Pocols Exhange and banking businam of

very description transected.

B Deposit Tokes (nous alkan) at a goarty

total of for $5 to $40,

LOOK POONG SEAN,

Chief Manager.

THE YOKOHAMA SPECIE BANK.

LIMITED.

Established 1889.

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

Gairults, Linelixon, Lyonner. Djok Jakarta". The Hague", "Biddab. Fede Makasar. Medan. Palembang, Pela longan, Pennng. Bangoon, Buttardım". Bang", 9hanghai, Bingaporu, Boura lia, fowskaria (Solo), Tagil, Tilfatjap and Waterrada".

bays Fafi Brasil Box to Tai.

LONDON HAREUR-

RATIONAL PROVINCIAL. BANK LID.

Corpdate all over the world. Banking Duni. make of soury dreariflium ten coast and

Mungu.

A. HTOKKINX.

Hong Kong, 21st June, 1982

THE

AMERICAN EXPRESS COMPANY, INC.

Kead Office: 65, Broadway. New York

Capital Surplus Reserves..

Yen. 119,750,000.

Amatoriam

Athana

Head Offer:-YOKOHAMA,

ملحين

U.S.$6,000,000.00 .... U.3.$1,892-882.04 ....U.S.$1,458,116.78

BRANCHES

Olangor

11am Dura Дакт Interlaken Jarcelars LAJA Londo Lávargoul LAC Laguar LALOT

Whilst the minor issues continue to be the chief medium of trading, investment securities are gradually coming into favour and being steadily absorbed.

Hotels and Lights were dealt in at $7.95 and $12.30 respectively, and were enquired for at corres- ponding rates for forward delivery.

Sales.

Providents (Old) $4.10. Hotels (Old) $7.36. Hong Kong Trama $21.60. China Lights (Old) $124/12.30. Hong Kong Electrice $72. Macno Electrics $24. Telephones (New) $274. Cements (Combined) $6.70/61⁄2- Dairy Farms $27.05/27.10. Entertainments $12.

Buyers.

Hong Kong Banks $1,665. Canton Insurances $1,350. HK. Steamboats $22.

Benguet Explorations 21 cents.

Providents (Old) $4. Providents (New) $1.40. Hotels (Old) $7.90. Hotels (New) $7.70. Chinese Estules $95. Shanghai Cottons Tla. 69. Hong Kong Trams $21. Star Ferries $91. China Lights (Old) $124. H.K. Electrics $71%. Telephones (New) $27.

THE BANK OF EAST ASIA, LTD.

Head Office: Hong Kong.

No. 10, Des Voeux Road Central.

Established: 1918.

2,312,000.00

Authorised Capital

Berlin

Planetbe

Branches and Axencies at:

Beren

Alexandria

Nagasaki

Brussels

Batavia

Nagora

Berlin

Bombay

Calcutta

New Tork Oaks

Beans &re Qelre Calorie Canna

Marsilas

#apice

Parla Paesag Polping Rotterdam

Stamboul Changes! Southampton Blugapore 64. Mortie

Paid-up Capital Reserve and Undivided

Profits

Branches and Agencies:-

Amey Batavia

Peiping

Ponang

Bombay

Copenhagen

Canton

Paris

Mouse Chela Manila Munich

Calcutta Canton

Dairen (Dainy)

Fangtion (Mulden)

Peiping Rangoon

Flormar

Emera

S431

Haiphong Hankow

Hamburg

Rio de Janeiro

Hạng Torr

Bankow

Karbin

Honolulu

Hsinking

Kai-Yuen Karachi

Kobe

London

Los Angeles

Monila

sounta

Newchwang

Tianit

Тербе Yokoks.com Zerick

San Francisco

Battle Semarang

Shanghal

Shimonowski Blogapore

Branches of American Express Com- Honolulu pany in Principal cities of United Koba States of America and Canada.

All classes of Commercial Banking Transactions undertaken.

Rangoon Salgon -San Francisco

Seattle Semarang

Cements (Combined) $6.50. Cements (Old) $5. Dairy Farms $27,

"I would further state that the commitment have during the past year been very 10 tender in the Government for the neighbourhood of that Hotel.

"Diverting your attention to the much reduced. 49% licence to operate the Road Pas-

Our forward com- contra side of the Profit and Loss mitments at this date stand at enger Transport Services as on Account, I would mention that the figure representing the minimum and from the 11th June next, on 15% which date our present permits, Licences" embodies an increase of

item "Rent, Rates, Taxes and level possible consistent with efficient 1414 with the exception of that for the expenditure under that heading laat Establishments,

operation of the Company's

69

service between

the

our

of in-

13

year of some $14,000. This has 16 Hong Kong and Repulse Bay Ho-been occasioned by reason

TRADING PROSPECTS. 23% tels), terminate.

"Shareholders may expect to hear "The Government Notification in-licence duties imposed in respect of ing prospects for the current year. creases in rates assessments and from me some Indication as to trad- viting tenders, issued in Septem- certain of Establishments in Upon this matter I can inform you 12% ber last, contained, in the opinion,

Hong Kong and Shanghai. 13% of your Board of Directors, oner-

In-that, up to date, a steady business creased expenditure under the head- has been maintained at all Es- 39% ous and stringent conditions, and

ing of "Insurances" amounting ap-tablishments, with an upward ten- 18 moreover embodied no guarantee

44 relative to the future imposition of proximately to $32,000 was also dency in respect of the Hotels in

borne last year. further taxation.

"This increase is entirely repre-i "Nevertheless, I must point out "After full cousideration of the sented by the premium in respect of that until such time as the cities matter, your Directors decided that 774 the only basis upon which tenders the War Risk Insurance covering in which our activities are centred the Shanghai properties, which was again become the venue of tran- submitted from this

effected for the month of February,sient tourists in appreciable num- 26% Company was one which provided

was bers, profits on a high scale cannot.

לי

30% should be

B. Ind. GJ Bonds 64%1⁄21⁄2. H.K. Govt. Loans 4% Prem. Sellers.

Raubs $10%.

Malabon Sugars $15. Watsons $11.

United Theatres Tis. 6.

5 YEARS GAOL FOR DEPORTEE.

Fifth Conviction.

Shanghai.

for the operation of the Bus Ser-1932, and of which mention vices by a separte subsidiary Com-made by your Chairman at the last be anticipated. pany. It

"The Company is in a stronger was considered highly Annual General Meeting.

Maintenance Cost imprudent to undertake the risk of

| financial position today than-it- "The expenditure on Mainten- has been for a good number of placing the Hotel Company's As-

of the Kowloon Peninsula.

! Company's Stipulations.

the

sets in jeopardy, or to minimise ance and Repairs totalling $158, years. The existence of increased its future profits, by merging the 337.79 represents an increased out-competition must, however, not be Hotels' trading with the business going last year of some $21,000 over lost sight of, nor must the fact of motor bus transportation on 80,

the previous year's expenditure. In that some of the Company's large a scale as would have been addition to routine repairs and Establishments arc not of Involved in the event of our ten- renewals, a programme of further modern construction. You will modernization work in connection therefore appreciate the necessity ders being accepted. Three ten- dera were submitted, one for with certain accommodation and for expenditure on modernization and the maintenance of a Whole Colony, one for the Island of equipment was carried out during work Hong Kong, and one for the Whole the year, and, although it may be high standard in respect of com- considered that part of this expendimodities, appointments, and equip- ture could legitimately have been ment, in order to meet the disad "The tenders were similar in capitalised, it has been deemed ex-vantages in connection with the Li Wo, alias Ho Fong, was this every respect, and provided for pedient to meet out of revenue Hotel buildings under which cer morning sentenced to five years' im- the operation of the requisite Road Practically the whole of the cost of tain Establishments operate. prisonment with hard labour for a Passenger Transport by a subsi-, the maintenance and modernization "Upon the matter of expenditure period of five years for a breach of a diary Company to be incorporated Work undertaken. You will observe generally, all avenues for lessen- deportation order.

and controlled by this Company, in this connection that the "Repairs ing this have been explored with a Account" in the view to a reduction to an econo- This sentence is to run concur-In the latter connection, the Hotel and Renewals rently with a sentence of six months' Company undertook to retain dur Balance Sheet has been depleted by mic minimum consistent with the imprisonment which the prisoner is ing the period of the licence not an appropriation for

maintenance of an efficient at present serving for larceny. less than 51 per cent of the Paid, $6,420.48 only.

ganisation. "I would here draw your attention To Pay a Dividend of 40 Defendant was convicted in 1921 Up Capital of the organization for kidnapping and was deported for proposed to be incorporated. The to the fact that in addition to the consideration tendered to Govern-full programme of maintenance and In December, 1922, he was again ment for the licence was in short renewal work carried out during the convicted on a charge of larceny, and, the following:-

year, further depreciation on the also on a charge of a breach of a Firstly, a Royalty of 6 per cent Company's fixed and floating assets deportation order.

Well years.

In 1923 he was deported for life.

On February 7 he was again in Hong Kong and was arrested.

the year

of

centa per share 01

QT-

1,000,000 "Old Shares $400,000.00 To Pay a Dividend of 20 cents per share on

193,867 "New" Shures 38,773.40

Account

on the gross receipts of the Ser-on an adequate scale has again been To carry forward to New Vices tendered for.

provided for prior to computation Royalties of the nett figure of profit set forth; calculated on the groas receipts; for apportionment-in which res-,

Secondly, additional

Prisoner stated that he had come from such services, but governed pect you will observe that the sum

to Hong Kong to bring a nephew to by such percentages as the annual of $452,719.26 is debited in the Pro-

school.

nett profits should shew by way of fit and Loss Account,

47,024.43

$485,797.83

Report Adopted.

On the proposal of the Chairman

and seconded by Mr. A. M. L. Soares, the statement of accounta

His Honour stated that defondant return upon the Paid Up Capital tro!" to "crude off type engines and the report of the Board of had already been convicted five times and passed the maximum sentence.

Personal Pars.

Cecil James Waddell, civil engineer,į

employed in the undertaking.

"Stipulations for calculation of

had been effected, and, that, in Directors were unanimously carried. the additional Royalties provided profits over the first two years of Mr. Frank Austin and seconded by iconsequence, the expectation of Mr. Allan Cameron, proposed by for a sliding scale in graduated

stages of 5 per cent in respect of operation under the licence must¡Mr. A. McKirdy was re-elected w The forthcoming marriage of profits in excess of a 10 per cent viewed as highly improbable. Director.

"As you are aware, the Company! return on the Paid Up Capital. Fori

Mr. N. V. A. Croucher proposed were unsuccessful tenderers, and we that the auditors, Messrs. Percy of the Peak Hotel, and Alma Grace example, in respect of annual pro are at the present time conducting Smith, Seth and Fleming be re- $10,000,000.00 Orme, school-mistress, of 5, Queen's

jfits exceeding 10 per cent up to. 5,598,000.00 Gardens, Hong Kong, is announce and including 15 per cent on the negotiations regarding the acquisi-elected as auditors at the same re-

tion of our vehicles, etc. by the snemuneration. Paid Up Capital, a further 5% on cessful tenderexa.

Mr. J. F. Wright Jur. the gross receipts from services.

seconded the proposal which was The forthcoming marriage of during that year would have be

"With reference to the conduct carried. Gerald Victor Alexander Griffith, come payable to the Government, comment has recently reached it by the Company of its Bus Services.

The Shareholders Present. medical practitioner, of 2, Thorpe and so on up to a limit, of a 20% regarding the scale of remunera Mr. J. H. Taggart, Managing Direc

The chairman was supported by Manor, May Road, Hong Kong, and Royally to the Government on a Frances Barbara MacFadyen, of 4.25% return on the Paid Up Capi-|

tion paid to its drivers-such com-tor; the Hon. Mr. W. H. Bell, Sir Basilea, Lyttelton Road, Hong Kong,

ment carrying the inference that Robert Ho Tung, Kt. LL. D., Mr. Profits in excess of the last the scale is on the high side. In E. M. Raymond, Mr. Allan Cameron tal, Is announced.

mentioned percentages were to be

answer thereto, I would say that (Directors); Mr. P. H. Suckling, devoted entirely to a reduction of,,

we have always considered it eA.S.A.A., General Manager and Mr. fares and charges.

sential that the drivers employed F. C. Barry Secretary. Conversion of vehicles. en the vehicles operating on our

The following shareholders were, "In the light of the Company's bus routes, particularly on the also present, Mr. H. J. de Figueiredo, experience of operating Bus Ber-Queen's Road Route, should be ex- Mr. Wong Man-ching, Mr. A. W. vices on the Island during the past perienced and capable. They have Smith, Mr. W. H. Brown, Mr. B. five years, particularly bearing in been specially selected, have had Wong Tape, Mr. A. M. L. Soares, mind the possibilities in connection lengthy experience of handling Mr. Chan Shu-ming, Mr. Wing Hay with increased, taxation, ~ ́ your heavy vehicles in crowded traffic, choy. Mr. A. Keith, Mr. A. G. Board considered the terms tender- and we feel that the infrequency Piovanell, Mr. O. F. Ribeiro, Mr. nd represented the limit to which of accidents in which the Com-J. F. Wright Jnr., Mr. J. P. Sherry, this Company could be committed. pany's vehicles have been concern- Mr. A. C. Blake, Mr. J, Gold, Mr. Even so, auch terms were formulated on the extensive services opera-¡G, H. Potte, Mr. L. Benson. Mr. ed with the conviction that there-ting in densely crowded thorough-J. M. Alves, Mrs. M. M. Fullerton, under a return on the Capital em-fares, justifies, from the point of Mr. A. M. D'Eca, Mr. G. A. Harri- Iployed could not be anticipated un-view of public safety, the policy man, Mr A. J. Edgar and Mr. P. C.,

El conversion of vehicles from “pe- we have adopted in that respect." Potte.

Shanghai

Kowloon

Boerabaya

Briney

Personal investment

accounts

Tentain Takyo

Tsingtan

Í handled.

London Manlia Melbourne Nagasaki New York Osaka Paris

Swalow Sydney

Talhoku

Timplein

Tokyo

Vancouver

Yokohama

The Company offers to intending Correspondents in all principal cities Travelers the use of its ("Travelers of the World.

Interest allowed on Current Ac Cheques") and Letters of Credit and,

In addition, the world-wide services Every description of Banking and Deposits received for Axed periods of its thoroughly equipped Travel De Exchange business transacted. Loans st rates to be obtained ca application.

partment.

grated on approved securities.

Safe Deposit Boxes To Let,

KAN TONG PO,

Chief Manager.

EL. MORI,

Manager. Hong Kong, 11th March, 1913.

Drag

E. W. DUGĞAN,

Manage

The forthcoming marriage is 2D- nounced of William Stanley Brewer, a soldier, of Wellington Barracks, and Phyllis Avis Elizabeth Chees- man, school-mistreat. of 1. Eastern Causeway Terrace, Dragon Road, Bay, Hong Kong.

RELIABLE PRINTING

no order tao small

THE NEWSPAPER ENTERPRISE LTD. EYYA MARL, BLIK * KA WYNDHAM ST.

+