1938-04-11 — Page 16

GoEMPRESS tollmerica.Europe

Van-

Bong Empress Kong

of

Leave

Shang- Naga-

hai saki Kobe

Árive Leave Leare

Aziz

Apr. 15 Apr. 17 Apr. 19 Canada Apr. 29 - May 1 Russia May 13 May 15

May 17

Toko hamz Honolulu

Leave Leave

Apr. 21 Apr. 23 May 4 May · 6 · May 13 May 19 May 21

conver Victoria Arrive

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 CPR. Trans-Continental Trains. Frequent Canadian Pacific Atlantic sailings to European ports.

TO MANILA

Empress of Canada on Friday, April 22nd.

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.)

Agents for:- ADMIRALTY CHARTS,

ROSS' BINOCULARS and TELESCOPES, KELVIN'S NAUTICAL INSTRUMENTS, ENGLISH SILVERWARE Direct from Manufacturers,

High Class English Jewellery.

THE CHINA MAIL, APRIL 11, 1938.

LOCAL SHARES

Following is the list of quiries in local share quotat

BANKS

Hong Kong Bank $1530 by: $1535:

Bank of East Asia $85 h.

INSURANCES

Union Ins. $530 h., $530 = sa.

53

WM POWELL'S GOOD YEAR

satisfactory year's working was reported by Mr. J. H. Seth,

China Underwriters $2.10 b, $210 chainman, at the annual ordinary meeting of Messrs. William Powell and Company held this morning in the offices of Messrs. Percy Smith, Seth and Fleming.

SHIPPING

Douglases $68 b..

H. E. Steamboats $1822 b. DOCKS, WHARVES, GODOWNS, ETC.

Providents (Old) $3.55 b. Providents (New) $3.35 b.

MINING

Raubs $8.20 b. ·

K. Mines 10 cts. sa. Antamoks Ps. 49 sa Atoks Ps. 3221 sa. Baguio Gold Ps. 1925 sa Benguet Consol. Ps. $9.30 sa. Coco Grove Ps. 40 sa Consolidated Mines Ps. .011 sa. Demonstrations Ps. 33 33. LX L. Ps. .64 sa. Paracale Gunmans Ps. 18 sa San Mauricio Ps. 41 sa. Sayoc Consol. Ps. 15 sa. United Paracales Ps. 41 sa.

LANDS, HOTELS & BLDGS. H. E. and S. Hotels $6.40 3. H. K. Lands $352 b... $354

$35/36 $8.

H. K. Lands 4

b.

Debentures $100

Humphreys $9, D., $9 sa.

PUBLIC UTILITIES

H. K. Tramways $15.80 b., $15.80

85 sa.

"Peak Trams (Old) $7 b.

Star Ferries $85 b. Taumati Ferries $27 s. China Lights (Old) $11.85 b. China Lights (New) 39 s. H. K. Electrics $591⁄4 b. Telephones (Old) $263⁄4 b. Telephones (New $10.20 b.

INDUSTRIALS Cements $18.15 by $1814 sa

STORES, &C. Dairy Farms $2434/34 sa Lane, Crawfords $9% b.

COTTON MILLS Wing. On Textiles Sh $35. b.

MISCELLANEOUS

Entertainments $64 b. Constructions $12 b. Marsmans Inv. (HK) ̈ ̈s/2/10 b

ANOTHER RED ARMY PURGE?

3.1

The Chairman said:—

It is highly gratifying to the Direc- tors to present accounts showing a further improvement in the Company's trading results but I wish to remind shareholders that this restit has been largely obtained through the very drastic economies instituted in 1936 coupled with an increased turnover.

器

We have now carried on with greatly reduced Exropean staff and your Directors have felt for some time that this was throwing too great burden on

the Managing Director. After very careful consideration it was decided to engage an Assistant to Mr. Overy from the 1st March and conse- quently our overhead expenses for the current year will be heavier than the year ruder review.

BIGGER TURNOVER

I am pleased to report that turnover shows a substantial increase over the previous year and this is par- ticularly marked in the Cash Sales pointing to the popularity of our cash discount plan.

The increase in profit for the year to 28/2/1938 over the previous year amounted to approximately $8,300:00 and it is with pleasure that the Direc- tors come before you with a credit. balance at Profit and Loss Account:

It is early to give any indication of our trading for the curent year but I am glad to be able to announce that our turnover for. March compares. favourably with a year ago.

Mr. A. Nissim seconded and the re- port and accounts were adopted.

Mr. E. M. Raymond was re-elected to the Board of Directors, while Messrs. Linstead and Davis were" re- elected auditors.

The following attended:-Mr. J. E. Seth, chairman, Mr. E. M. Raymond and Mr. H. Overy (directors), Mr. W. L Alexander, secretary, and the fol lowing shareholders:-Messrs. A. Nis- sim, Harold Seth, and P. F. Wong,

Singapore Raw Rubber

Messrs. H. B. Joseph and Co. received the following quotations Straits Currency for Raw Rubber

Warsaw, Yesterday. in A Polish press report, which must be taken with reserve pend- ing confirmation, says that Mar- shal Budjenny, Inspector-General of the Soviet Army, has been dis- missed.

May/June 20 b. Unchanged. July/Sept. 2012 b. Unchanged. Oct/Dec. 204 b. Unchanged. Market:-Steady.

According to the report he has The P. and O. s.s. "Corfu left been replaced by General Singapore on the 9th instant and Tizlenieft.

is due here on the 13th instant at

Marshal Budjenny was one of about noon. the members of the military tri- bunal which condemned Marshal Tuchachevski to deathTrans- Oceon

NEW ADVERTISEMENTS

INDO-CHINA

.R

GOVERNMENT TRADE SCHOOL.

STEAM NAVIGATION COMPANY LTD Department of Wireless Telegraphy

To SHANGHAI, ris SWATOW, CHEFOO and TIENTSIN

"Taksang” 11th Apr. 5 pm. “Prominent””

15th Apr. 10 am.

17th Apr. Noon

To SANDAKAN

"Hingang

15th Apr. 10 ar

TO SINGAPORE, PENANG.

and CALCUTTA

"Mansang" - 14th Apr. 2pm. Tuensang" 21st Apr. 2 p.m.

To KOBE and OSAKA:

19th Apr. 5p.m 23rd Apr. 5

Owing to the present acute short- age of Wireless Operators it is pro- posed to open an additional course of training at an early date.

Duration of Course -

about 9 months.

Fees $10 per month.

Standard of English required—–

Class IL Forms of application can be Ład from the Trade School, Wood Road, Wanchai

(G.. White)

Principal

FOR SALE

ARDINE MATHESON&Co.LTD.

LA

FENILLUSTREE DE MACÃO-

Monthly Pictorial in French and Chinese Sub

goes

TELEPHONE ZOZIL - GENERAL MANAGERS 1200 Advertising $40.00 one

Apply Hotel