1938-04-06 — Page 16

Page

16

&DAYS

10DAYS

5 DAYS

GoEMPRESS to America,Europe

Hong - Shang-

Naga-

an-

Empress Kong

May 17

saki Kobe hama Honolulu conver Leave Artive

Victoria Leave Leare Leave Leave Arrive Aci

Apr. 15 Apr. 17. Apr. 19 Apr. 21 Apr. 23 Canada Apr. 29 May -1

May May 6 May 13 Russia May 13 May 15

May 19 May 21

May 2

*May 18

May 30

17 Days HONG KONG to VANCOUVER BY DIRECT EXPRESS ROUTE FROM YOKOHAMA 18 DAYS VIA HONOLULU, PARADISE OF THE PACIFIC

Air-conditioned equipment on C.P.R. Trans-Continental Trains. Frequent Canadian Pacific Atlantic sailings to European ports.

TO-MANILA

Empress of Asia on Friday, April 8th.

at 5 p.m.

Canadian Pacific

Union Building

SPANS THE WORLD

Telephone 20752

G. FALCONER & CO (HONG KONG LTD.) WATCHMAKERS & JEWELLERS, DIAMOND MERCHANTS,

UNION BUILDING (opposite G.P.O.)

4

Agents for:-- ADMIRALTY CHARTS,

ROSS' BINOCULARS and TELESCOPES,

KELVIN'S NAUTICAL INSTRUMENTS,

ENGLISH SILVERWARE Direct from Manufacturers,

High Class English Jewellery.

LOCAL SHARES

THE CHINA MAIL, APRIL 6, 1938.

Following is the list of changes and enquiries in local share quotations this morning-

BANKS

Bank of East Asia $83 b.

INSURANCES

Union Ins: $530 b, $530 sa China Underwriters $2 b.

SHIPPING

Ingiases $66 3, ex div.. H. K. Steamboats $173 b. DOCKS. WHARYES, GODOWNS. ETC.

Providents (Old) $3.50/52 sa. 1:ovidents (New) $3.32% b.“

MINING

Raubs $8.10 b.

H.K. Mines 10 cts. sa.

Antamoks Ps. .49 sa.

Ataks Ps. .23 sa.

Baguio Gold Ps. 1914 sa Benguet Consol. Ps. 9.30 sa Coco Grove Ps. 41 sa. Consolidated Mines Ps. .011 sa. Demonstrations Ps. 33 sa. L. I. L. Ps. .63 sa. Paracale Gumaus Ps. 18 sa San Mauricio Ps-41 sa Suyoc Consol Ps. 15 sa United Paracales Ps. 41 sa

LANDS, HOTELS & BLDGS.: H. K. and S. Hotels $6.80 b., $6.85 sa. H. K. Lands $35 b, $35%%

$3512 sa.

H. K. Lands 444 Debentures 100 b. H. K. Realties $5.20 sa. Chinese Estates $97 b. ex. div.

PUBLIC UTILITIES

s.

H. K. Tramways $15 by: Peak Trams (Old) $7 b.. Star Ferries $85 b. Yanmati Ferries $27 China Lights (Old) $12 s. H. K. Electrics $584 b. Telephones (New) $10.10 b.

INDUSTRIALS

Cements $17.70 b., $17.95 s.

STORES, &C.

Dairy Farms $244 b.; $24 50. Wing On (H.K.) $49 b. Wm Powell Ltd 70 cts. b.

COTTON MILLS

Ewo Cottons Sh. $14.05* sz.

MISCELLANEOUS Constructions $12 b.

H. K. Gort. 3% Loan 2% pm. b. Marsmans Inv. (HK) s/~3/10 br HK Docks Ex. Pts. $21.70 sa.

Sales to Shanghai.

-LOCAL DOLLAR

WATERBOAT COMPANY'S GOOD YEAR

Highest sales of water since 1924 were reported by the chairman the Hon. Mr. Stanley H. Dodwell, at the annual ordinary meeting of the Un- ion Waterboat Company held in the offices of Messrs.. Dodwell and Com- pany this morning.

The chairmen said:-

Total sales of Water for the year amounted to 583,827 tons, the highest figure since 1924 and an increase of 58,506 tons over 1936 sales. The nett result is a balance of $64,084.98 to be transferred to Profit and Loss AC- count as against $46,826.01 for the previous year.

There is little to comment on in the Profit and Loss Account. Deprecia tion as compared with last year is some $1,800 higher and is accounted Sfor by the writing off of $950 ex-

the increase in the rate of deprec pended on Furniture and Fixtures and iation on No. Waterboat from 2% per cent to 4 per cent. in accordance with the schedule adopted a few years ago.

A slight increase is shown in the return on Investments and Interest and this leaves us with a balance of $49,699.30 an increase of $15,825.16 over the figure for 1936.

Adding the sum of $2,131.65 brought forward in the last accounts, we have $51,830.95 available for distribution and the Consulting Committee re- commend this be utilized as follows:- Transfer to Special Repairs Fund- $14,000; Transfer to Building Fund $10,000; Transfer to Staff Leave and Contingency Account $2,29278; Pay a dividend of cents 60 per share on 38.813 shares $23.287.80; Carry for- werd to next account $2:250.37.

The proposed transfer to Staff Leave and Contingency Account will bring the balance of that account up to HK$9,000 and the appropriation of $14,000 for special repairs will auf ply provide for any expenses focad The demand rate on the Hong various improvements which will still necessary and also enable us to make Kong dollar this morning was further reduce the running costs of 1/2-11/16.

the fleet. "Spot" silver was quoted in Lon-No. 6 Waterboat at a favourable price

We recently disposed of our don yesterday at 19% and forward and although by increasing the pump- at 185%.

ing capacity of the remaining 7 boats The London on New York rate we can meet the demand for our was quoted at £ US$1.9656, and sider the question of building 2 new services we must very shortly coB- the New York on London rate at boat. It is considered advisable to £—U.S.34.96-9/16.

commence making provision for this immediately

SINGAPORE RAW

RUBBER Messrs. H. B. Joseph and Co., have received the following quota tions in Straits Currency for Raw Rubber:

May/June 17% b. down July/Sept. 18% b. down 1⁄2. Oct/Dec. 18% b. down 12. Market: Steady.

INDO-CHINA

The adoption of the report and ae- counts was seconded by Mz W. Wright and carried unanimously.

The following attended:-The Hon Mr. S. E. Dodwell, chairman: Mr. E Watanabe and Mr. A. C. 1. Bowker," Lebert Mr. A. L. Shields, Mr. K (directors) and the following share holders:-Messrs. W. Wright, J. S Howell, MA Johnson, U Sze-Wing and Vranovich.

COAL ROYALTY BILL

London, To-day.

The House of Commons yester- day passed the third reading of the

STEAM NAVIGATION COMPANY Coal Royalties Bill-Reuter.

To SHANGHAI, vis

SWATOW, CHEFOO and

TIENTSIN

{To SINGAPORE, PENANG

“and CALCUTTA "Hosang"

Mausang"

"Kwaisang” 8th Apr. 2pm Yuengang"

"Taksang” 11th Apr. 5p.m "Leesang” · 12th Apr. 10 a.m.

“Prominent”

“Fazzsang” 17th Apr. Noon

9th Apr. 2p.m.

21st Apr. 2 p.m. 14th Apr. 2 p.m.

15th Apr. 10 a.212. To KORE and OSAKA

Kumsang" "Suisang

TO TIENTSIN

Chefoo

8th Apr. 7

TO SANDAKAN

-Hmsang”- 18th Apr. 10:

19th Apr. 5 p.m

23rd Apr. 5 p.zz.

JARDINE MATHESON& Co., LTD. TELEPHONE 303IL GENERAL MANAGERS

H. K. MINES

Nielson & Co., Inc., Managers for the Hong Kong Mines, Ltd., report 8,901 dry tons ore treated for the month of March, from which 546.7. dry short tons of lead concentrates

were produced, averaging 69.61 por**

cent. Lead and 15.5 oz Silver per ton.

NEW ADVERTISEMENTS

PERSONAL

A lonely, young Portuguese wishes meet young Chinese or Eurasian' - for companionship. - Likes dancin cinem zilag Recent photo w

ted. Write No. 825