1933-04-26 — Page 4

THE CHARTERED BANK OF. INDIA, AUSTRALIA & CHINA.

COMMERCE AND FINANCE.

BANKS

HONG KONG AND SHANGHAI BANKING CORPORATION.

336,000,000 $6,000,000

Incorporated by Royal Charter, 1853

HEAD OFFICE: LONDON,

Luthorial Capital mamam *Lommel and Fully Paid-up

·Bovarve Funds -

--- Berling

100,000 $10,000.00

AMRITSAR

"Roverto Liability of Propriators: ---- $30,000,000

BEAD OFFICE: DONG XONG.

GOLED DY DIRECTORA +="

".. Faros Los

Chairmea

7. E. Shan, Kaq.

"W. 1. Deli, Kag.

Deputy Chalrapte.

* Miekla. Eng.

B. 13. Dodwell, Key. Kion. Mr. J. 3. Paterson, 14. IL Clepton, Eag J. A. Plummer, Kaq.

Unm. Mr. 6.0.5. Mackie,

1. N. Mophy, Big,

Selling Chiel Manager.

BRANCHES 1-

LONDOK

BATAVIA

BOMBAY

CALCUTTI

CANTOR

CAWNFORR

DEBO

COLUMBO

NEW YORK

*NOT

BANGKOK

BATAVIA

BOMBAY

GALGUITA

-CANTOX

CHEPOO

0000 DAIREN PONCHOS

·HAI HONO

MAMBING HANKOW

WONGLEW

WARREN

ILOILO

IPOK

JOKORE

KOBK

KOWLOON

KUALA LUMPUR

LTONE

KALACCA MANILA

NUAR (Johor)

MUKORK

NEW YORK

TRIPING

PENAND

BAKDOOK.

BAIGON

SAN FRANCISCK)

SHANGHAI

SINGAPOR

COONABATI

SUNDEI PATANI

TIENTEIN

TOKTO

TRINITAO YOKOHAMA

Current Amounts opened in Loni Currency and Fixed Depoelia red for one your De harr perioda in Lone Dorranny and Blocking termilch will be quoted, on appication. Hong Kong, 24th April, 1983.

HONG KONG SAVINGS BANK.

*** Bunch of sou where Runt in amedumen for the HONG KONG AND SHAVOKLI SAKU THE CORPORATION. #z'n may be voipat

FOR THE HONGKONG, AND SHANDEL! SAMKINS OORPORATION.

1. N. MURPHY,

Acting Oble! Manner. Hong Kong, 24th April, 1983.

OVERSEA-CHINESE BANKING.

CORPORATION, LTD. (Incorporated in the Straits Settlement) SUCCESSORS TO

The Ho Ilong Bank, Ltd.

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

Head Office: Singapore.

Hear Kong Branch:--13, Queen's Rd. C.)

Authorised Capital:-

Straits $40,000,000,00.

Paid-up Capital:-

Straits $10,000,000.00,

Branchen and Agencies in the princi-:

cipal cilles of the world.

Every description of Banking and Exchange business transacted.

HAIPHONG

HAMBURG

PEXANO "ANGOON

JOON

MARANO SEREMBAN BANGFAL

DELIT

BANKOW

BABBIN

HONG TOXU

ILOILO

KARACH

KLAMO

KOAK

KUALA LUMPUR

Foreign Exchange

EXCHANGES.

THE CHINA MAI

TO-DAY'S QUOTATIONS.

Paid-up Capital

Reserve Fund

£3,000,000 £3,000,000

Reserva Llability of Pro-

On London-

prietors.

.£3,000,000). T.T.

On demand

1/4% 1/4

Agencies and Branches:

4 months' sight

1/46

ALOS STAN

EUCHING

Credits 4 months'

HAYOKOK

MADRAN

MANILA

sight

.1/54%

MEDAR

On New York--

On demand

PRIPINO (Peking"

Credits 60 days

eight

26% Nom

Nominal

On Paris-

.On demand

595

KINGAPORE

KITIAWAN

GOURADATA

TAIPING

Credits 4 months'

Bight

635

TIENTKIN

On India-

TOROKA (Bhukest

TEIROTAO

T.T.

90%

TOKOHAMA

On demand

901

ZAMBOANGA

On demand

107

and

General

On Kobo-

On demand

108%%%

On Manila-

On demand

52

On Singapore.....

On demand

583

On Batavia-

On demand

604

On Saigon-

On demand

592

On Bangkok-

On demand

1371⁄4

Sor eigns bank buy-

ing rate

1/6

Bar Silver per oz.

20 7/16

Bar Silver In

Horg

Kong

Copper Cash

Nom, Nominal 1% prem.

In-

Chinese Sub. Coln

34 ....29% dia.

p.a.

Banking business transacted.

Current Accounts opened and Fix. ed Deposits received for one year or shorter periods at raves which will be quoted on application.

A. BREARLEY,

Manager. Hong Kong. 17th November, 1932.

THE BANK OF CANTON, LTD.

Established 1912.

Head Office:Hong Kong.

Authorised Capital (I.K. Currency)...).000,00% Pull-Op Captial 64,000 Kawers Fuad mem

1,150,000

"BRANCHES |--

Caton Shangbal, Hankow, Hangkok,

sad San Franciou.

LONDON BANKERS 1–

The Lloyd's Bank, Limited. CORRESPONDENTS

in all principal villes of the Worlt.

Poewlyn Exchange and banking business a very descripino transacted.

Aufe Deposit Bonus (various sizes) at a poorly enial of from $5 19 $40.

LOOK POONG SHAN,

Chief Manager.

THE BANK OF EAST

ASIA, LTD.

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

Authorised Capital Paid-up Cap tal Reserve and Undivided

Profu

Copper Cents

Rate of Native

terest

Hong Kong Sut. Coin Dar.

LONDON EXCHANGES.

London, Yesterday.

Paris

Brussels

Amsterdam

Copenhagen

. Helsingfors

Rio

Athens

87 31/32

24.77. 8.62

22 7/16 228

5 1/8 Nom. 315

Bombay

1/6 1/31

Yokohama

1/234

Silver Forward

20%

New York

3.854

$10,000,000.00 |

5,508,000.00

2,312,000.00

Geneva

17.94%

Milan

Oslo Madrid

66% 1934

47 40 7/16

Buenos Aires

40% O.R.

Bucharest

585

Branches and Agencies:-

Shanghai

1/3

Amoy.

.Peiping

Chan Keh Hal.

Manager.

Prague

110

Batavia- Bombay

Penang

Rangoon

Montreal

Calcutta

Saigon

Berlin

4.40 15.62

Canton

San Francisco

Stockholm

HEAD OFFICE:-Talpek, Formosa, Incorporated by Special Imperial

Haiphong

Honolulu Kobe Kowloon London Manila Melbourne Nagasak! New York Osaka Paris

Seattle

Vienna

Semarang

Lisbon

Shanghai

Montevideo

Nominal

Belgrade

260

Hồng Kong

Silver Spot

THE BANK OF TAIWAN, LTD.Hankow

(TAIWAN GINKO.)

Charter, 1999,

Saya

Swatow Sydney Talhoku Tientsin Tokyo Vancouver Yokohama Correspondents in all principal cities Making, Nania, Bhinobiks, Telde, lasan, of the World. Takao. Tund. Toge, Halio, fallo

Central Bank in Pormors.

Bank Hulan (mued Avacare atuous...You 6,006,000 BRANCHES AND AGENCIES :- JAPAN—Tokyo, Yokohama, olas, Osaka.

PORNORA —kens,

Kag

Karocko, Inissg,

CUISA-Binugal, Hankow, moj, Foocho

SNOW. Canine,

Every description of Banking

and

Exchange business transacted. Loans OTHERB¡—loug Koop. · Blogspam, · Baarsinys, į grated on approved securities.

Safe Deposit Boxes To Let.

Barang, Batería, Bombay, London New York. Dites,

LONDON BANKEES .

Barnlays Back, Ltd., Idayée Bank, fad. Midland Bank, Lid., Wessexlorier Bask, Lathe

The Beak has Dorrespondarie is sit the principal Camerala) Centre skroughout the world. UK, KAGURA,

HONG KONG BRANCH:

De Faux Bosé Oseries, Hong Kong, Ducaber 4, 1

KAMER

KAN TONG PO, ·

Chief Manager.

THE"

19 3/8 39 Nom. 110

H.K. AND YAUMATI FERRY COY

Higher Dividends Than

Last Year.

30,000,000 PASSENGERS CARRIED IN 1932

Vehicular Service To Be Extended.

Chairman, Mr. Kwan Sum

dividend of $1.60 per share

WEDNESDAY, APRIL 26, 1933.

Indo-China Steam Navigation Co.

Increased Profit On Working Of Steamers

NEW ADVERTISEMENTS,

"THE MACAO JOCKEY CLUB

PROGR

》ROGRAMMES and ENTRY FORMS for the Fourth Extra |Race Meeting to be held in Macao; on SUNDAY, 7th May, 1938 may be obtained at the Sports Club, |Hong Kong Jockey Club Stables, or at the Offices of Messrs. Percy Smith, Seth and Fleming, 6 Des Veux Road Central.

yin, recommended, the payment of

on EFFECTS OF DEPRESSION ON SHIPPING FRIDAY, 28th April, 1933.

20,000 new Ordinary

ON CHINA COAST.

Entries CLOSE at 4 p.m. on

GENERAL NOTICES.

NOTICE.

we have removed our offices.

7,500 Preferential shares, a divi- dend of $100 on 32,500 Ordinary shares, a dividend of 67 cents per share on

The year under review was economies effected and with the shares, and bonuses, of $1.10 on 40,-! 1000 Preferential and Ordinary the worst ever recorded in the advance in the value of silver shares and 73 cents on 20,000 new annals of shipping generally, and which plays an important part in shares, at the ninth ordinary an the effect of the world-wide de- the working of the Company, as nual meeting of the Hong Kong & pression had been felt even in our freight and passenger earn- Yaumati Ferry Co., Ltd., held at the backwaters of the China Ings remained on much the same AS from the 22nd day of April the Chinese Restaurant, at 10a.m., Coast, said Mr. J. J. Paterson, level as in 1931. to-day.

Chairman of the Indo-China "In the general chartering to the National Bank Building, No. The Nett Profit of the company Steam Navigation Co., Ltd., at market shipowners had a parti- BA, Des Voeux Road Central (En- for the year, including $2,913.82 the fifty-second ordinary annual cularly unhappy time with rates trance, Ice House Street, 2nd floor), brought forward from last year, meeting of shareholders held in in the rice and coal trades re-

DENNYS & CO. amounted to $274,010.03. After de- the offices of Messrs. Jardine, maining for the most part on an

Hong Kong, 22nd April, 1933. (ducting $5,200.00 for Directors Matheson & Co., Ltd., at noon to-unremunerative basis and for long periods many ships were and auditor's fees, $19,524.09 Loss day.

Tht Company had been free forced to lie up at various ports THE CHINA LIGHT & POWER on operation of Kowloon City Fer- ries; $109.50 life saving awards; from the scourge of piracy, and rather than accept business on $1,218.20 for Charitable subscrip- the Chairman said that he was ruinous terms. tion; transferring $50,000 to the gure that all present would sym-|

"Conditions, however, were

CO, (1918), LTD.

Building Reserve and $81,823.20 to patise with the China Naviga- more favourable to established E DISCONTINUED

ALECTRICITY SUPPLY will be

the Typhoon and Accident Fund; tion Co., and the Chinese Mari-Companies in the regular Coastal

PUBLIC AUCTION.

THE Undersigned have received instructions to sell by Public Auction

as 'detailed

3 p.m. to 4 p.m.-Hung Hom, Hok-Un, and To Kwa Wan up to and Including Messrs. ` Balley's Ship- yard.

a sum of $118,135.04 remained.

time Customs, in their recent trades, and what we lost on the below on THURSDAY, 27th April, Of this, $2,385.04 was carried

swings in one direction we made 1938:- experiences. forward to the next account and The Chairman said: "Al up on the roundabouts in another. 9 a.m. to 5 p.m.-The whole of the remainder distributed among though I much regret the Com-

(Continued on Page 6.)

To Kwa Wan Road except Mesars. shareholders.

Bailey's Shipyard. unable to produce a The meeting was attended by pany was

profit for 1932 it emerged with nearly 100 shareholders, and was presided over by Mr. Kwan Suma better showing than for the Yin who was supported by Mr. previous three years, and I hope Lau Tak Po, Managing Director, shareholders will gain some con- and Messrs. Wong Ping Suen, J. P.,solation from the fact that our Li Yick Mul, J. P., Kwok Chuen.recent losses have been diminish- Dr. F. H. Kew, Wong Choi Hoo, ing progressively.

"The year under review was Choy Wai Hung, Young Taun Dart

the worst ever recorded in the and Chan Kam Yung, Directors.

After the minutes were read and annals of shipping generally and confirmed, the Chairman referred although we were perhaps more

many! to the untimely death of the late Mr. fortunately placed than Lo Chung Kue which took place on other Companies which experi- the 15th September, last year, and enced the full force of the world- atated that by his death the Com- wide depression the consequences felt in the back- pany had lost a conscientious and of this was able man who had been Chairman waters of the China Coast,

"Added to this, the serious of the Board for over 3 years.

ON TUESDAY, May 2, 1933, commencing at 10.30 a.m.,

at No. 6, Waverley Terrace (Kowloon Dock).

A Quantity of VALUABLE HOUSEHOLD.

FURNITURE.

Terms: Cash on Delivery.

REMOVAL NOTICE.

S from the 16th inst., we have

George's Building to 8a, Des Voeux Road Central, viz. The National |& Commercial Savings Bank' Build- ing, at the corner of lee House

On View from Monday, May 1, Street and Des Voeux Road, entrance

1933.

LAMMERT BROS.,

Auctioneera.

In proposing the passing of the political differences in the Far balance sheet for 1932 the Chair- East, on which I need not dwell Hong Kong. April-26, 1998. mad reviewed the activities of the at any length, created for us new Company during the past year. He and reculiar troubles. informed the meeting that the 30 difficulties, however, were large- 000 new shares had all been takenly offset with the advantage of up and fully paid for, and that

during 1932, the services carried

almost 30,000,000 passengers.

These

The new ferry, Man Yeung, will NEW YORK STOCK

run her trials next Tuesday, and with the completion of the 3 new vehicular ferry vessels the Com- pany has now 26 vessels in the feet, valued at over $3,000,000.

He said that the Hong Kong & Shanghai Banking Corporation had

EXCHANGE

A.O.F.C. Quotations.

New York, Yesterday. Dow Jones Averages.

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

SPORT NOTICES.

THE HONG KONG JOCKEY CLUB.

NHE FIFTH

TH

EXTRA RACE MEETING will be held (Weather Permitting) at HAPPY VALLEY on SATURDAY, the 29th April, 1993,

commercing at. 2.00 p.m.

The First Bell will be Eung at 1.30 p.m.

MEMBERS' ENCLOSURE,

Members are notified that they and their Ladies must wear their Budges

No One without a Badgs will be ad- 42 down|mitted to the Members' Enclosure, 16-up Badges admitting Non-Members to

at $5.00 for Gentlemen

for Ladies (Both'

been good enough to grant the 1/4 9/16 Company an overdraft on very fa-20 Industriale 23.00 72.45 1.24 down prominently displayed. 17 20 7/16vourable terms.

The Company's 20 Rails 81.08 30.11 01 down -British Wireless Service financial condition was

such that 20 Utilities. 23.70

23.28 vrette; ;

the Directors had recommended the 40 Bends....75.05 76.20 HONG KONG FIRE¡payment of higher dividends for Messrs. E. A. Pierce & Co. Re. the Members Enclosure and Clob

port: The irregularity is more Rooms 11932, INSURANCE CO.

With regard to the Vehicular pronounced and the market is mix and $8.00 Ferrics, he said that the service ed and hesitant. We would wait including Tax) are obtainable through the SECRETARY upon the personal Extraordinary Meeting. was now running regularly and was a bit before making fresh commit application of Member, such Mom. 'well patronised. The traffic re- ments, on the long side. Wheat: ber to be responsible for all visitors At an extraordinary general ceipts were highly satisfactory, Profit-taking was less enthusias introduced by him, and for Payment

of All Chita, etc meeting of the shareholders of the whilst the cost of running thewestie and demand caught stop- The Secretary's office, and Floor Hong Kong Fire Insurance Console was very low.

loss orders at the closé. Cotton Gloucester Buliding, (Tel. 27794), Will jLtd., held at the offices of 'Mesars, ¦ Among those who are patroni was absorbed by heavy profit-tak- close at 12 o'clock Noon.

Jardine, Matheson, & Co, yester-zing the service regularly and ex- Ing and well supported by trade Badges admitting to Members En

NOT be on sale at the day, two resolutions passed as extensively, are: the Government. De buying. Silver; demand is grow Race Course r

closure will traordinary resolutions at a meet- partments, the China Provident ing less intense, and the outlook On No Pretext will Children be per- AMERICAN EXPRESS COMPANY, Ing held on April 10, were confirm Company, the Kowloon Godown, Co. seems to resolve itself around the mitted in eith

either Enclosure during the ed.

the Dairy Farm Co., the Hong Kong problem of additional news, A Meeting These related to a division of Hotel Co., the Wing On Company, the fifty cent dividend on U.S. Steel House provided they are ordered from Tins are obtainable at the Club capital, and to the adoption of new Sincere Company, and many others preferred Stock has been declared. the No. 1 Boy in advance. Telephone Articles of Association.

The Chairman said that he trusts, Business done 3,500,000 shares. 2192). PUBLIC ENCLOSURE. Directors and Shareholders' pre-" that as time went on, the public,

Last To-day's The Price of Admission to the Pablie -0.5.56,000,000.00 sent at the meeting were Hon especially the business people, would

Price Price

Enclosure a $2.00 including Tax, U.8.41.832.882.04. Mr. J. J. Paterson (Chairman); appreciate the value of the service,

Mòr all.. 63%

riincluding Ladien *Parnona, .U.8.€1,488,116.72” Mr. C. Bernard, Brown, Mr. A. H. which would be further extended in Air Reduction.

Allied Chemical & Dye 944 91 and in payable at the Gate. Boldierz Compton, Mr. F. A. Joseph, Mr. T. the near future.

American Can

7414 and Saflors: In Uniform are admitted (Continued foot of next Column)) The Hon. Mr. T. N. Châu in se American Smelting -2828

Half Price, wate conding the passing of the ac American Tol & 9695 Bookmakers, Tic Tac

the Chair American Tob. counts, congratulated

Anaconda Copper Min man, and the directors, for being Auburn able to present such a satisfactory Borden Co. balance sheet, and expressed the

Canadian view that with closer co-operation £3,000,000 on the part of the Government, and 1,800,000 with further Improvements in the

ING:

THE YOKOHAMA: SPECIE BANK,

Read Offices=65, Broadway, New York

LIMITED:

Capital Surplus

Established 1850.

Rezervo

BRANCHER

.Yen. 119,750,000

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

Hoad Odies--YOKOHAMA,

Branches and Á

Newchwang New York Osaka

(Dalny) | Paiping

Branches of PLAYin Prís

Com United

An

Banking

THE MERCANTILE BANK OF INDIA, LTD.

th, Ornaschital Biesil, Lon

Authorised" Capital".

Subscribed Capital: Paid-up Capital: 47:

་ "r

Pacife

Motor

1,050,000-existing services

and the inauEEPIES

MY M

Reserve Fund & Rest 51,117,927

Book, Zid

ation of the vehicular ferry the fu

Font de Nemours

Bond & Share ture prospects of the Company, were General Electric exceedingly good,

General Foods

He urged the public to take the General Motors- greatest advantage of the facil. Galette ties offered by the vehicular ferry' nz Bar

8 78% not be permitted to operate within the Precincts of the Hong Kong Jockey 1214 Clab during the Rase Mesting, ""'+:

49%

174 18

2014 185 18

-By, Prderyk

OB BROWN

TOMS Secretary,

Hong Kong, 24th April, 1985.

In Ice House Street.

SHEWAN TOMES & CO.

KING'S THEATRE

STARTS SUNDAY:

A RIP-ROARING RIOT OF |BACKSTAGE NEWSPAPERDOM.

HOWARD HUCHES

FRESERTE

A

LEVIS MILESTONE!

EXODUCTION

THE

FRONT PAGE

NOTICE OF REMOVAL.

80%

The public is here NATIONAL COMME

notified that the LAL & SAVINGS

10% 100

Creceived

to be obtainić

Hong Kong, 11th March

AL