1933-04-25 — Page 4

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION.

Thorland Capital

Imped and Folly Paldap main=2400

Bingeniniu ♬ 16,800,000 Bremsenson $10,000.P0H

35,000,000

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA.

Incorporated by Royal Charter, 1885.

HEAD OFFICE: LONDON.

Bossevo Liskility of Propriatont .. 896,000,000

STEAD OFFICE: HONG KONG,

| Paid-up Capital

Reserve Fund

.£8,000,000 .£3,000,000

[Reserve Liability of Pro-

prietors

.£8,000,000

ALOR STAR

Agencies and Branches:

KUCHING

BOARD OF DIRECTORS |——

I. Pero Zas.

Chairman.

T. 11-B. Khan, Reg.

W. 11. Bell, Eq.

Deputy Chairman.

1. Making Eng,"

B. II. Dodwell, Kaq. Bo X. 2. 3. Pubmons.

H. Compon

Hon. Mr. 6.4.3. Mackin.

3. A. Please, Ma

KM. Murphy, Twa. Acting Chial Manage

BRANCHES ;-

LONDON

BANGEGE

BATAVIA

BOMBAY

CALOUTTA

CANTON

CA WITOLE

COLOMBO

DILARI HAIPHONG

KAMBURO

MADRAS

MAKELE

МЕБАЯ

NEW YORK

PRIPING (Poking)

PENANG

MANGOON

BAIGON

BAYOXOX

BATAVIA

BOKBAY

JALOUTTA

CANTON

ΥΠΕΡΟ COLONDO

DAIREN

POOCHOW HAIPHONG BAMBURG HANKOW

WARDIN

MONG IY

ILOILO

Poll

JOHORE

колк

LIONI

SEMARATO

KEREMBAN

SHANGRAY

BANKOW

SINGAPORE

HARBIN

LITIAWAN

HONG FOSG

BOUKARAYA

MANILA

TAIPING

MUAB (John)

ГРОН

TIEKTEIN

TONGKAH (Blukoti

TELROTAG

MAL.LOOK

KULDE

NEW YORK

PEITIKO

PENANG

ПАМОФОН

BAINOX

KAN PRANCISCO

SHARONAI.

ВІКОДРОВИ

BOURABAYA

HUNGEL FATANI

TIENTSIN

TOKYO

TSINGTAO

ТАЛАСНІ

KLANG

HODE

KUALA LUMPUR

YOKOHAMA

ZAMBOANGA

Foreign Exchange and

THE CHINA MAIL

Commerce and Finance

Green Is. Cement Co. Meeting

Effect Of Japanese Dumping

NEW YORK STOCK EXCHANGE

A.O.F.C. Quotations. New York, Yesterday, Dow Jondi" Averages.

TUESDAY, APRIL 25, 1933.

NEW ADVERTISEMENTS,

THE CHINA LIGHT & POWER CO. (1918), LTD. ALECTRICITY SUPPLY will be as detailed

Aver. A Changes EDISCONTINUED

130 Industrials 72.24 79.60

: 1.45 up

20 Rails 30.06 3108 42 up below on THURSDAY, 27th Apríl, 20 Utilities..23.17 40. Bonda ..--74.35

23.7053 up 19333- 70.05 70 op 9 a.m. to 5 p.m.-The whole of Messrs. E. A. Pierre & Co. Re-To Kwa Wan Road except Messrs. port: The failure of industrials Bailey's Shipyard. and ralls to go into new high 8 pm to 4p.m-Hung Hom, ground have made traders cautious Hok-Un and To Kwa Wan up to and and demonstrations are by groups. including Messrs. Bailey's Ship- It looks as though attempts would yard.

be made to advance Motors and Aviations

to-morrow, General

Motors acts exceptionally well. In GENERAL NOTICES. the wheat market the broadening]

of profit-taking has been well ab. sorbed. 'Cotton acted well, con-

UNSOLD STOCKS OF CEMENT VALUED sidering the large volume of sell-

AT $1,993,520

LAMMERT BROS.

AUCTIONEERS, APPRAISERS

AND SURVEYORS,

Public Auctions

THE Undersigned have received Instructions to sell by Public

Auction

ON.

WEDNESDAY, April 26, 1933, conmoneing at 2.30 pm,

at their Bales Room,

4, Duddell Street.

A Quantity of

VALUABLE HOUSEHOLD

REMOVAL NOTICE.

FURNITURE.

S from the 16th inst., we have

Comprising:

Teak Hatstands,

ing and the fact that weather con-

ovor: A removed ditions have been mixed.

Chesterfield our Office from St. Couches and Armchairs, Teak There has been Broad Commission George's Building to 8a, Des Voeux Dressing Tables, Teak Wardrobes Japanese "dumping" of cement] Unpaid Capital to be Called Up. House buying, with traders selling Road Central, viz. had rendered the position of the "In respect of the final payment on bulges. Business done:-4,810,-& Commercial Savings Bank Build- of Drawers, Dining Tables, Dining The National with Bevelled Mirrors, Teak Chost General Green Island Cement Co., an acute falling due in February of next 000 shares.

ing, at the corner of Ice House Chairs, Sideboards, Office Desks, Last To-dey's Street and Des Voeux Road, entrance etc., etc. Price Price In Ice House Street.

SHEWAN TOMES & CO-Card Tables, Pictures, Curtains, Teak Bedsteads, Curio Cabinets,

Banking business transacted.

Current Accounts opened and Fixane, slated Mr. J. Scott Harston, year, however, It will be necessary ed Deposits received for one year or Chairman of the Company, at the for your Board to call up the bal- shorter periods at rates which will be forty-fourth Ordinary Annual Meet ance of the unpaid capital in order Air Reduction quoted as application.

ing of the shareholders, held at to finance such payment and effect Allied Chemical & Dye 02 A. BREARLEY,

Exchange Building, at 11.30 am, a reduction in the indebtedness of American Can

American Smelting to-day,

the Company to its Bankers.

Amerkan Tel. & Tel. During December, last produc- "Whilst dealing with the subject American Tob.. "B tion had totally ceased for a short of the New Plant at Hok Un, I Anaconda Copper Mining 12% serter periode Loud Suma THE BANK OF CANTON, LTD. period, and unsold stocks of cement would remark that we have trans-Am Co

BOWLOOK

KUALA LUMPUR

TOKOHAMA

Turent Aucola opased in Loon! Chamaecy

sad Fixed Depoelte renalad for one your or

ne tema which will be quoted sa ogrlication

Hong Kong. 24th April, 1954.

HONG KONG SAVINGS BANK.

The Baubau al iba shern Tank te mos kuskai

We the ROXO EONG AND RUAXUDAS BANK * CORPORATION. Nylon may ha shininal

sspplication.

* THN HONGKONG AND SKAKUK)

PETRE CORPORATION,

L.. N. MURPHY,

Acting Chin! Manager,

Hong Kong. 24th April, 1983.

OVERSEA-CHINESE BANKING.

CORPORATION, LTD. (Incorporated in the Straits Bettlement)

SUCCESSORS TO

The Ho Ilong Bank, Ltd.

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

Elead Office:--Singapore.

Hong Kong Branch>-13, Queen's Ed. C.

Authorised Capital:-

Straits $40,000,000,00.

Paid-up Capital:

Stralis $10,000,000.00.

Branches and Agencies in the princi- elpal cities of the worid.

Every description of Banking and Exchange business transacted.

Manager.

Hong Kong, 17th November, 1932.

Established 1912.

Head Office Hong Kong.

Authorised Capital (IL.E. Currency) ...$11,000,00% Pald-Up Capital Jasarri Pand

Con

BRANCHES.

4.1,000 1,100,00

04

63%

8434

75%

75

70

29

28%

94%

75%

-715

NOTICE.

S from the 22nd day of April

Carpets, Rugs, Dinner Crockery, Glass Ware, Cutlery, Tea Set, Tables, Baby Cots, Ice Cheats; etc., Jetc.

Gramophones,

Records, Cabin

we have removed our offices 11% to the National Bank Building, No. Trunks, Wardrobe Trunks, Vases, 548A, Des Voeux Road Central (En-Brass Ornament, Screens, Table Fans, Glass Bottles, Towel Racks, Flower Stands, Billiard Table, Linen, Mosquito Nets, Cooking Utensils, etc., etc.

DENNYS & CO.

amounted to $1,993,520.22 in value. ferred from the credit of Profit & Canadian. Pacific"

Owing to this, the directors had Loss Account, the sum of $427,-. 1. Case recommended that no dividend be 678.89, which stood last year under Chrysler Motors paid, and that the sum of $531,- the heading of Exchange Fluctua- Consolidated Gas of N.Y. 457% 46% trance, Ice House Street, 2nd floor). Lamps, Gas Stove, Electric Table 119.91 be carried forward to the tion Reserve (a Reserve created Du Pont de Nemours

Drugs, Inc. credit of the current year. from the surplus made available by Eastman Kodak It was decided to call up unpaid the disposal of certain Exchange General Electric

Electric Bond & Share Shinghal, Hankow, Bangkok, capital, rendered necessary by the contracts at favourable rates) as a General Foods

Talling due of payments to Messrs. result of the arrangements effect- General Motors Vickers-Armstrongs, Ltd.

ed in relation to deferred payments

Gillette The Chairman said:-

Int Safety which sum, being in the nature of Int. Harvester (Pref.)

Harvester Turning to the Accounts, you a profit on Exchange, has been Int. Tel, &

Tel. will observe, by reference to the written off the cost of New Plant. Liggett & Myers "B" Debit side of Profit & Loss Ac- "Investments, which

Loew's Inc. consist Montgomery Ward Chief Manager. count, that after effecting Depre-wholly of Shanghai Municipal National Biscuit

and San Francisco.

LONDON BANKERS ;—

The Boyd's Bask, Tomijad. CORRESPONDENTS

In all príncijal ellier of the World.

Forsign Exchange und beaking busina ni every descelpilon transstad.

Be Deposit Boxes (racions alsov) at a yearly rental from $4 in 45.

LOOK POONG SHAN.

THE BANK OF EAST ASIA, LTD.

Head Office: Hong Kong. No. 10, Des Voeux Road Central. Established: 1918.

Authorized Capital Paid-up Capital Beserve and Undivided

Profits

clation to the extent of $275,154.55 Council Debentures, show a slight Pacific Gas & Electric --which amount has been debited dopreciation as at December 31 Pennsylvania Railway direct to Working Account-and last, and it is the intention of your!

Radio

Ricbuck

allowing for all charges including Board to dispose of such "Debanum Corp..

SPORT NOTICES,

2622 114

20

52

14

15%

41

42

46

69

15%

Hong Kong, 22nd April, 1933.

16%

18%

17%

302

30%

17%

185

12

28

937

10% 79

18

19%

23.

4454

20%

6%

ແ

22

Oil Co. of N. 34 the sum of $105,527.16 in respect tures when a favourable opportun-

0% of Interest and Exchange, the bal ity occurs.

Union Carbide & Carbon 20% ance of Profit & Loss Account "The item Hong Kong Bank United States Steel

Union Pacific

744 ... 42 amounts to $431.276.03, being an Fixed Deposit $35,000' appearing Westinghouse E. & M. 32% increase of $105,853.91 over the jon both sides of the Balance) 'ex dividend. † bid. figure for the preceding financial Sheet relates to the cash por $10,000,000.00/year. ..

Ition of the security lodged 5,598,600.00)

"Your Board, whilst appreciat-with the Company by the ing that such increase is, to a cer. Compradore-the balance of such 2,312,000.00 tain extent, gratifying, is neverthe-security being in the nature of ti-

less disappointed that the result of tle deeds covering approved pro-On the working for the year has not perties.

Branches and Agencies:-

Amoy Batavis Chun Keh Hut.

Manager.

Peiping

Penang

Bombay

Rangoon

Calcutta

Salgon

Canton

San Francisco

THE BANK OF TAIWAN, LTD. (TAIWAN GINKO.)

Haiphong

Scattle

Hankow

Semarang

Honolulu Kobe Kowloon London Manila Melbourne

Shanghai

Singapore

Sourabaya

Swatow

Sydney

Tathoku

| Nagasaki

Tientaln

New York Osaka

Tokyo

Vancouver

Yokohama

HEAD OFFICE:-Talpek, Formosa.

Incorporated by Special Imperial

Charter, 1899.

Central Bank is Formoss.

Bank-Rotas_lassad Amrige amount, ~-Tea. 18,000,000 | Parin

BRANCHES AND'AGENCIES:

JAPAN-Tokyo, Yokokama, Tobs, Ola.

FORMOSA Uran,

Below, Ca Lon.

INS

Karinko, Keelung.

shown a larger increase this be "You will observe that the item ing attributable to certain adverse under the heading "Cash in hand,” factors, which materially affected which appeared in the previous Ba

Hance Sheet in respect of the sum

EXCHANGES.

TO-DAY'S QUOTATIONS. London—

T.T;

On demand

4 months' sight

the trading for the year-more par-lof Taels 35,000 on Fixed Deposit On New York- ticularly the last quarter thereof-

a matter to which I propose to re-due to the fact that this amount] in Shanghai, has now disappeared, fer later.

34%

THE HONG KONG JOCKEY CLUB.

TH

NOTICE

HE Stewards have decided that the Entries for Race No. 9,- Tal-Mo-Shan Handicap, shall be divided into two Sections at the discretion of the Handicapper.

The Programme will therefore be 43% amended as follows:---

Race No. 9.-6.00 p.m.-Tai-Mo- shan Handicap.-(First Section)--- Winner. $450, Second $225, Third $125. For China Pontes, "D" Class. Entrance $5. Six Furlongs. Race No. 10-6,30 p.m.-Tat-Mo- shan Handicap.-(Second Section), -Winner $450. Second $225, Third $125. For China Ponies, Class. Entrance $5. Six Furlonga.

By Order,

also

A Quantity of BLACKWOOD FURNITURE

and

1 Press reflex camera with tele-

photo lens & noxa enlarger

1 Cottage piano

2 Sewing machines

1 Baby Pathe machine

1 Typewriter

1 Radio set

י!

On view from Tuesday, April 3, 1933.

Terms: Cash on Delivery.

LAMMERT BROS.,

Auctioneers.

Hong Kong, April 22, 1933.

"D" COMPANY MEETINGS

C. B. BROWN,

Secretary. Hong Kong, 20th April, 1933.

THE HONG KONG JOCKEY

--CLUB.

THE HONG KONG FIRE INSURANCE CO., LTD,

NOTICE

IS HEREBY GIVEN that an EXTRAORDINARY GENERAL MEETING of the above Company will be held at the Offices RACE of the General Managers, Messrs. MEETING will be held (Weather Jardine, Matheson and Company, Permitting) at HAPPY VALLEY on Limited, Fedder Street, Victoria, in SATURDAY, the 29th April, 1988, the Colony of Hong Kong on commercing at 2.00

EXTRA

THE FIFTH 6972

1/4% 1/4% 1/4

Credits 4 months'

sight

1/5

On demand

26 Nominal

Credits 60 days'

sight On Paris

. On demand

Credita 4 months?

sight

Nominal

59732

On India-

T.T:

On demand.

On demand

89% 89% 107

On Kobe..

On demand

109%

52 Nominal

58%

158

and

59

the SECRETARY upon the personal

188

1/4%

The Balance Sheet.

was transferred to Hong Kong during the year 1932, which tran- "Turning to the Balance Sheet, fer incidentally shewed you will notice on comparing same profit in exchange of $1,788.47.

a ama!! with the Accounts as presented

"Before leaving the Balance last year, that certain important Sheet, I would refer to the Stocks changes have been carried out.

at Hok Un and Macao, which stand "On the Assets side, you will ob-at $1,993,520.22, indicating Correspondents in ali principal cities serve that we have included under crease of nearly $900,000 on the an ins Mekong, Nante, Bhinchiku, Taloku, "That of the World.

the headings "Hok Un-Hong figures for the preceding year un- Takao, Tammui, Tom, Balia, Fadio, GUTKA-Shaoghal, flackow, Amoy. Foochow Exchange business transacted. Loans etc." the sums of $2,042,902.68 and

Every description of Banking and Kong" and "Steam Dredger, Barge, der this particular heading. OTHERS HOME Lang ngipore Bomesbags,grated on approved securities.

This secretion le due to bad | $20,220.03 respectively these trade during the latter portion of On Mantin- amounts representing payments due the year under review, which led

On demand to Messrs. Vickers-Armstrongs Ltd. to an accumulation of both raw and On Singapore... in final settlement of the contracts manufactured material. I am pleas-On demand entered into in relation to the Nawed, however, to be able to state On Batavia- Plant and certain necessary ad-that your Board has every conti. On demand juncts thereto.

dence that, despite, the present ad- On Salgon...... "Your Board is of the opinionverse conditions, your Company!

On demand with which opinion the Company's will be enabled to effect à material On Bangkok-- Auditors are in complete accord-reduction in these stocks during On demand that by setting forth these amounts the current year. ^://

Sovereigns bank buy-

ing rate.

Bamarany, Datarla, Borabe, London, Nov

York, Deira,

LONDON BANKERS,

Barolays Bank, Lady Loyds Bank, Ind. Mand Back, Lids, Vesimlacher Bank, Ka

Tha Beak Son Corrispondente la all the prinsipai Commercial Cantess throughout the world. LAGORA,

HONG KONG BRAXON -

Das Vaux Bood Contes). Hong Kong, Kwonesher H, 1985

Manager

THE YOKOHAMA SPECIE BANK,

LIMITED.

Established 1888.

Safe Deposit Boxes To Let

KAN TONG PO,

Chief Manager.

THE

AMERICAN EXPRESS COMPANY, INC.

Head Office:ő, Broadway. New York

Capital .... Burplus

***

Reserves

Capital (fully pald-up) Yen 100,000,000

Reserve Fund ......Yen. 119,750,000| Ambardam

Hand Offcas-YOKOHAMA.

Bennches and Agencias_at:

Alexandria

Batavia

Bombay

Calcutta

Cabos

"Dairen (Dalny)

Nagasaki

NAZOFR

Newdawang New York

Felping

Fogtien (Mulden), Rangoon

'Hamburg

Mankow

Eart

Homelalu faking

Karachi Coke

#London

'Los Angeles

(Manila

Rio de Janelya San Francisco.

Bande

Shanghai

Shimonssaki Sjogapore Soarabaya

Tokyo

Tsingtan

Lowe

........XI.8.$8,000,000,00 -

.U.8.$1,839-832.06 ..........U.S.$1,458,116.72.

BRANCHES

Have Limburg Haven

Monte Caste Manila

Kong

Nom.

in the manner prescribed, Share- Effect Of Japanese “Dumping.” holders are enabled to survey the "Business covering the year 1932 Bar Silver per oz. 20 1/16 financial position of your undertak-was satisfactory during the first Bar Silver in - Rong: ing comprehensively, more particu-seven months thereof; In August larly so, in view of the fact that last, however, your Company be- Copper Cash...... Nominal the contra side of the Balance on to feel acutely the effects of Copper Cents Sheet displays, substantial the importation of Cement from Rate of Native In- amount outstanding in connection and is still being marked locally at Chinese Sub. Coln

Japan, which product was 'offered terest with the liability of the Company prices which, according to our tech- Hong Kong Sub. Coin pur. In respect of these particular coma-nical advisers,, pre materially be-

mitments.

Peris New York

Geneva

1% prem

8% pa 20% dis,

The First Boll will be Rung at TUESDAY, the 25th day of April, 1.80 p.m.

at 12 Noon for the purpose of re-

MEMBERS' ENCLOSURE..

•

Members are notifed that they and ceiving a report of the proceedings their Ladies must wear their Badges of an Extraordinary General Meet- prominently displayed.

No One without a Badge will be ad-the 10th day of April last and of ing of the above Company held on mitted to the Members' Enclosure.

Badges admitting Non-Members to confrming if thought fit, as Special the Members' Enclosure and Clab Resolutions the following Resolu Rooms: at $5.00 for

Gentlemen tions which were passed as Extra- Ladies (Both ordinary Resolutions at the above. including Tax) are obtainable through mentioned meeting namely:

$3.00

for

application of Member, auch Mem-(1)."That the existing 8,000 shares ber. to be responsible for all visitors introduced by him, - •

of All Chita, etc.

and for Payment

The Secretary's office, 3rd Floor. Gloucester Building, (Tel. 27794), wni close

12 o'clock Noo Badges admitting to Members En- closure will NOT be on sale at the Race Course.

be ber mitted in either Enclosure during the

Coretext will Children

*.*

are obtainable at the Club, (2) House provided they are ordered from the No. 1-Boy in advance. Telephons 21820. PUBLIC ENCLOSURE

The Price of Admission to the Poble Enclosure, in $2.00 inchading Tax, Including Ladies, and is payable at the Gate, Solders

in' Uniform

Zor all Persona, London, Yesterday.

89.8/16 3.37. 437

low manufactured coat Remittance to Vickers-

· LONDON EXCHANGES. "The reduction of prices of im Armstrongs, Ltd.

ported brands to a level below ac- "Since the close of the financial tual production cost had the effect) year, a sum of $669,995.29 has been of curtailing the sales of locally remitted to Messrs. Vickers-Arm- manufactured cement, as it natur- strongs, Ltd.—leaving a debit bal-ally followed that contractor and ance of approximately fourteen dealers took advantage of the Branches of American Express Com pany in Principal cities of United lakhs outstanding, which-in con- cheaper article. Btabad of America and Canada. -

"Other factors which caused a formity with the terms in respect of deferred payments entered into falling off in sales were, fratly, the must be liquidated within the ban on the importation of our Ce- ment Into Canton, and Kwangtung

All disis of Commercial Bankding Transactions undertaken.--

next: ten months.

ous! Investment sccounts: “Of this amount, fifty per cent. at the end of October. Iant--which will fall due for payment in Julyban, I may say, was lifted on the 718th Junizar "195.—and," "econdly,”

handledece

Company offers" to › IntuÃE Interest allowed", on › Current: An-] Trávalara: the use of· Sta: (?Trav -agents.

Choquer") and Letters of Credit Deposita recefrad for ́ized perioda in addition, the world witn vat raise to be obtained on applentions of its thoroughly equipped Tra

Hong Kong, 11th March, 1985).

DUGGAN

of the current your, and the bal the drastic curtailment made in the ance in February of 1984,

building programme - In- Malaya,

Bru

18:174

(5,80 5.1234

and Ballora dafited

Half

Bookmakers, The The Men, &c. will not be permitted to operate within the Pracincts of the Hong Kong Jockey Club during the Race Heating.

By Order,

70. B. BROWN, LE Hong Kong, 24th April, 1938.

Buenos Aires... 40% 0.B. Montevideo**

Tominal 1/6-1/82%

18/16

Bombay

Bhanghai

1720

33 Nominai #590

Roar Kor

there

rices

6% Nominal

In this connection, your Board dust in the latter case, to the pre- has onected arrangements with the Company Bankers whereby the payment due to be made in Jülz] next will be financed by the grant là: ing of extended overdraft facilities

"In the capital of the Company ... "of the nominal value of $250 "each, upon which the sumpf "$100 has been paid up, be "divided into 40,000 shares of "the nominal value of $50 "each upon which the sum ́of "$20 shall be credited as paid

"That as on and from the 1st "day of July, 1988, the re "gulations contained in the "printed document submitted "to the meeting and for the "purpose of Identification sub- "scribed by the Chairman "thereof be approved and adopted as the Articles of "Association of the Company

In substitution for, and to the "exclusion of, all the existing -“Articles thereof." AND NOTICE is also 'hereby given that in the event of the above mentioned Resolutions being confirmed as Special Resolutions the Transfer Books of the Com pany will be CLOSED from the 25th April, 1988, to the 1st May, 1988, both days' inclusive.

Dated the 20th day of April

JARDINE MATHESON

General Managers.