1931-03-07 — Page 11

"

ADVERTISEMENTS.

THE HONG KONG JOOKEY CLUB.

ANNUAL RACE MEETING 1931

7TH MARCH. 1981.

THE

THE First Race will be run at 11.80 A.M. The Firet Bell will be Rung at 1) A.M.

MEMBERS' BADGES AND

ENCLOSURE.

Members are reminded that they

ADVERTISEMENTS.

HONG KONG CLUB.

NOTICE

HE FORTY-FIFTH YEARLY

TGENERAL MEETING of the MEMBERS of the HONG KONG CLUB will be held in the OLUB HOUSE on THURSDAY, the 191 MAROH, 1931, at 5.30 P.M,

By Order.

T. A. ROBERTSON, Lieut. Col. Hverstary. Hong Kong, 3rd Mar, 1931.

HONG KONG DAILY PRESS, SATURDAY, MARCH 7, 1931.

DEPRESSION, THEN AND HONG KONG SHARE

NOW.

PROSPECTS OF RECOVERY. IN AMERICA,

an

MARKET.

BENJAMIN & POTTS' WEEKLY REPORT.

TO-

SINGAPORE SHARE MARKET.

MARKET DULL BUT STEADY.

Mesara Fraser & Ca's report on the Singapore shard market, dated February 24, startext-

New York N.Y., Feb. 22-Re

Mesara Benjamin & Poits, ju covery" from the current business there weekly review of the share da pression is likely to be slow.

market sints:- "er than it was after the depression, The work under review Has been In view of the recent local hoti- uneventful ous, the An-days, only a few business days are 1991 because instaliment buying has placed the surplus "unpaid unl Races having had

under report and but little drange is to be noted in the Industrial for goods in the individual honstraining influences on the local market which remaina quite stondy, instead of leaving it on the manu markok There is comerquently but but with holders und prospective deal to any A. 8. WATSON & CO., LIMITED. facturen shelves, Mr. Owen Dittle to repert in the way of busi. investors disinclined

Young, the well-known capitalist

ess which has been of a very who is mentioned as possible limited nature. There have been Democratle candidate for the presi important changes in prices,

[401

NOTICE the FORTY-SIXTH

great extent. Straila Traders have, however, moved up slightly and [close buyers just under 827.

and their Ladies must wear their Badges prominently displayed.

No one without a Badge will be admitted to the Members' Enclosure. Badger admitting non-members to the Members' Enclosure and Club registration) will be held at the HONG deney next year, deered to-day but at the time of writing & bettor Tin restriction scheme, under "Gov.

Rooms at $10 per day, including Tax, or $40, including Tux, for the Moeling (Ludies $5 and $20, respectively), are obtainable through the Secretar upon introduction by a Member, such Member to be responsible for all chita, etc.

Members' Badges admitting to Enclosure will NOT be On Sale at the Hace Course.

On No Pretext will Children be permitted in either Enclosure during ihe First Font Days of the. Meeting.

PUBLIC ENCLOSURE. The Price of Admission to the' Publio Enclosure is 34 per day. including Tax, for all Persona, includ- ing ladies, and is payable at the

Gate.

1.

Soldiers and Sailors in uniform aro admitted to the Public Enclosure at 81 Per Day, including Tax.

Bookmakers, Tie Tao Meu, etc.. will not be permitted to operate within the Precincts of the HoNG KONG JOCKEY CLUB during the Raco Meeting.

SERVANTS PASSES Paises for Bervants will be jeued on application to Mesura, LINSTEAD & Davis, Alexandra Buildings.

Employers are requested to dis- tribute them with discrimination and to endorse their Names on the Puavet.

Borvants are not permitted in the Members' Enclosure except for passing through on their duties, but must remain in their Employers' stands.

Any Persons found loitering with Sorranty Passes in their possession will forfeit tho aqme and will bo removed from the Enclosure.

By Ordor,

3111

C. B. BROWN,

Becretary.

THE HONG KONG JOCKEY CLUB.

ANNUAL RACE MEETING 1931. HE TIFFIN INTERVAL on THE

the Last Four Days will be taken After the Fifth Race on Each Day.

By Order,

- 373

C. B. BROWN,

Secretary.

with #

Statement

OTICE IS HEREBY GIVEN ANNUAL ORDINARY GENERAL MEETING of the Company (sirto its

Instalment, buying, however, KONG HOTEL, DAY, the 10TH

1931, at prevented more acute business die 11.30

depression, Mr. Yotug said.. the Lapur for the purpom of receiving organization, during the current

Managera together

"Optimists who is good times ent of Accounts for the Year endel Sit OCTOBER 1930, thought that we had whipped the

The REGISTER PHARES of t Company will be ULOSED frases cycle quite moriously we WEDNESDAY the 11TH DAY OF

wrong." Mr. Young said. MARCH. to TUESDAY, the 17TH DAY mont we on any yet is that we OF MARCH, 1931, Both Days inclusive, are beginning to understand it and during which period NO Transfer of so we may get at some of the CELEB48, The present depression Shares çan be registered.

differs from that of 1021 becnure then the heavy inventories were in the hands of manufacturers and distributera while today the ip ventory of unconsumed and unpaid

JOHN D. HUMPHREYS & SON, General Managers. Hong Kong, 5th March, 1981.

[485

THE HONG KONG ELECTRIC

CO., LTD.

TOTICE IS HEREBY GIVEN NOT

that the FORTY-SECOND ORDINARY YEARLY MEETING will be held at the Company's Office,

-for goods is in the home."

"The

the tho

Mr. Young also aid that steadiness of price levels in past few months might indicate that the period of economic ad justment has been completed. Cye. lical unemployment, he said, he been most difficult to combat and it has been most fartonching in its whole, & O. BUILDING, OR WED, 18TH effect on industry as a MARCH, 1981, at 11 AM, for the Both as a matter of self-interest purpose of presenting the Report of promoting efficity and as a the the Directors together with a State. duty it is incumbent ment of Accounts to $1st DECEMBER, directors of industry to solve the 1930, and electing Directors and problem of unemployment, accord

ing to Mr. Young. Auditors.

The REGISTER of MEMBERS of the Company will be CLOSED. from Brn MARCH, 1991, to 19 MARCH, 1981, Both Days inclusive, during which Poriod No Transfer of Shares can be registered.

By Order of the Board of Directors, GIBB, LIVINGSTON & Co., LTD., Agenta:

Hong Kong, 19th Foh., 1981. [850

GREEN ISLAND CEMENT CO.,

LIMITED.

Uni

ADVERTISEMENTS.

feeling is in avidence and buyera finost stocks prevail, resulting in

a larger turnover.

To all intents aaid purposes, the

erninent auspices, appears to be coming into force ne from March 1 next, although the mud of an

counters.

Bounceinert to this offert has been couched in somewhat vague terms,

the Banks-Hong Kong and Shang and meanwhile the effect on hai Banks have shown very little local share market line been searco- except perhaps variation during the week and ly noticable, were placed at 82,100-85075 ex thengst a few of the gambling

just

The outlook for the Rubber Indus Final Dividend £4 (873.14) ́ ̧ paid. The Landen rate in 108

try continues unsorted, and with (Middle) ex dividend,

stocks increasing weekly in the United Kingdom and U.S.A., in terest in the purchase of rubber. shares is practically non-existent.

Marine & Fire Insurances-- Unions have fluctuated between 5040 and $64. Cantons are shade ensier and were booked at 81,300 and have further buyers Hong Kong Fires have changed Lands at $1300. China Fires are wanted at 8635 and Underwriters at 83.00.

remain in demand with very little Government and Municipal Loans scrip offering. Industrials in Lon don appear to have been an easier market during the week.

QUB

Mining There has been a fairly. Shipping-Douglas Steamships, have reacted a bit further and are heavy turnover in the shearer

to 97 cents, Kinta Dredges 81.10 now obtainable at 825. Hong Kong, stocks, Kuchais being done from 14

Macao Steamborts

58-61

tris, Canton and continue on offer nt 8289. "Shell" $1,10, Perawats

Malaya Consolidateds 193-20 cents Waterboats Union Transports have fallen away and Sungei Luas have had mumer.

bara

transactions

round $1.15 changed hands nt $37. It is pro

and 84.10 am, dividend, also Hong posed to pay a dividend of $1.25 Petalings were put through at 8416 Kong Tins a 30/9 and 17/..... There and Honus of 20 cents per share.

has been nothing doing in Austra lian Tins, but Raub Golds were narkoted at 810.90 cum. dividend and in Sterlings, Idris Hydraulics at 8/3. There are enquiries for. Hong Fatts at quotations, Sungei Ways at $2.10, Tumongors 2/- and offers are wanted of Kramat Tins, Puchongs, Pungates Asam Kum bangs and further Raubs. South Taipings are mentioned as sellers also Johans and Lingais, whilst a small lot of Austral Malay offers, and a bid is still wanted for a parcel of Bukit Arangs. After being soll ers ourlier in the week, London is now inclined to buy, but prio cabled are still below the levels at which business is being put through locally.

Docks, Wharves & Godowns -Kowloon Wharves were realised again at 8172. Whampoa Docks are slightly higher with buyers at 830. Chinn Providents were well nunintained at 86.40 and $2.45 for the Old and New shares respective Iy Shanghai Docks are still in demand at The 110. There are enquiries for Hongkew wharves at A. S. WATSON & CO., LIMITED. The 274 and New Engineerings at

TlB. 51. for

NOTICE.

undermantloned Certificate

THE dares in this Compaar Lands, Hotel Buildings registered in the Name of JOAO Business was again recorded in FREDERICO NOLASCO DA SILVA, Hong Kong Lands at 885, but the has bees poised 108T. If at the market has since strengthened and Expiration of Ore Month from the there are buyers at $85). Hum Dato heroof the following here phreys Estates we bid up to NOTICE IS HEREBY GIVEN Certificats be not reduced to the $10.85. A small decline. bas oceur the 4290 ORDINARY Company namely, Certificate No. 1182 red in Hong Kong and Shanghai ANNUAL MEETING of SHARE- for 40 Shares Nos. (1) 9391/9395, (10) Hotels, and sales were made down HOLDERS will

11. be held at the Offcos 63F0/6399, (5) 11041/1885, (20) 10411812. The market has since of the Company.

EXCHANGE 104484, New Certificata for the sail DES VOLUX

ROAD Shares will be issued by the Company recovered and there are enquiries BUILDING

at 813.00. Realtys ens be placed Vistoria, Hong Kong, on CENTRAL

and thereafter No Other will te

at 80.65 but there are no shares WEDNESDAY,

DAY, the 18TH DAY of acknowledged

offering at this rate. Shanghai MARCH 1931, at 130 A.M., for the

LTD. Lands have attracted more ellen. purpos of receiving a Statement of

(19tion and have risen sharply to Tha Accounts and the Report of the

420. Directors for the Year ended 31 DECENSER, 1930,

The TRANSFER BOOKS of the will be CLOSED from Company WEDNESDAY, 4 MARCH, 1931, to WEDNESDAY, 18TH MARUH, 1931, Both Days inclusive.

By Order of the Board of Directors,

ALLAN KEITH, Scoretary Hong Kong, 10th Feb., 1931.

[364

THE HONG KONG & KOWLOON WHARF & GODOWN CO., LTD,

NOTICE TO SHAREHOLDERS.

HE FORTY-FOURTH ORDIN- TARY ANNUAL MEETING OF SHAREHOLDERS will be held at the Office of Moro, JARDINE, MATHESON & Co., Lan, on

'A. §. WATSON & CO, Hong Kong, 12th Feb, 1931.

CREDIT FONCIER D'EXTREME -ORIENT.

+

MORTDAGE. BANK AND ESTATE AGINIS,

:

exe VA

be

Public Utilities.-Hong Kong Electrics were negotiated at $80, 8801 881 and placed at the close at the latter figure. Hong Kong Trams have Armed up slightly and were taken off the market at 817.50 cx the Final Dividend of 40 cents just paid. Star Forries are saleable at XSH China Lights closed with a firmer undertone with buyers 3 385.40. There are enquiries for Telephone (Fully Paid) at 842 and VillaPartly Paid shares at 800).

"PEAK MANSIONS.” Bix-roomed & Five-ramed Apartments PRINCE EDWARD ROAD, KOWLOON, Detached and Sei-detached

Modem Construction with Garage,

•CAMBAY BUILDINGS" Flats with Modern ConvenienscK

Miscellaneous. Green Island Cements (Combined) after having receded to 818.65 hare recovered to a buying quotation of 817. Hong Koig Hopes were done at the out- set at 8141, but clused with selleru ar 814.20. Watson's were negotiati ed at $14.40. Malabons have nd- vanced to 838. Dairy Farms (Old)

that the THIRTY-FIFTH THURSDAY, the 19 MARCH, For Advertising Spaces fetched 820. China Entertainments.

THE DAIRY FARM ICE & COLD STORAGE CO., LIMITED. NOTICE TO SHAREHOLDERS. No NOTICE 18 HEREBY GIVEN ORDINARY YEARLY MEETING of the SHAREHOLDERS in the Company will be held at the Company's TOWN OFFICE, LOWER ALDERT ROAD, on WEDNES- DAY. the 18TH MARCH. 1981, at NOON, for the purpose of receiving the Report of the Directors together with Statement of Accounts, declar ing a Dividend and re-electing Directors and Auditore.

2

The TRANSFER BOOKS of the Company will be CLOSED from the 7ru to the 18TH MARCH, 1981, Both Days inclusive.

By Order of the Board of Directors.

J. D. THOMSON,

Acting Bocatary. Hong Kong, 27th Feb, 1981 [384

THE DAIRY FARÐI ICE & COLD STORAGE CO., LIMITED.

NOTICE RE TRANSFER OF

· SHARES.

"HAREHOLDERS are Requested- to hate that NO "NEW IŠSUE " Shares will be transferred until after the TRANSFER BOOKS have been RE-OPENED on the 19 MARCH

SHA

1031.

By Order of the Board of Directors"

J. D. THOMSON,

Acting Becretary Hong Kong, 27th Feb., 1981.

1981, at NOON, for the purpose of receiving the Report of the Directors and the Statement of Account for the Year ending 81st DECEBER, 1980.

The TRANSFER BOOKS of the Company will be CLOSED from TUESDAY, the 10 MARCH, 1981, to THURSDAY, the 19ra MARCH, 1981, Both Days inclusive.

(Inside and Outside)

are sought for at $15.30 and pro- bably a little more would be paid. Transactions were made of Hong Kong Government Loan at 7 per cent premium, Construction wire

THE BUSES bought a $5.30 and 85:45.

Mining-Raubs are in request nt $40. Other stocks in this w

Venezuela tion are unabanged. Goldfields are wanted at $3.60 after sales at this figure. The beeretaries

By Order of the Ford of Dur Hongkong & Shanghai Hotels, 1941 advise anden

F. H. CRAPNELL

Secretary. Hong Kong, 2nd March, 1931, (993

THE HONG KONG FIRE INSUR.

ANCE CO., LIMITED. NOTICE TO SHAREHOLDERS. THE

THE SIXTY SECOND ORDIN- ARY GENERAL MEETING of SHAREHOLDERS will be held at the Offices of the Undersigned on THURSDAY, the 26TH MARCH, 1981, at NOON, for the purpose of recolring the Report of the General Managers, together with a State cat of Accounts for the Year ended 81st DECENDER, 1930. ́*

The SHARE REGISTER and TRANSFER BOOKS will be OLOB ED From the 187u to the 2Gra MARCH, 1931, Both Days inclusive.

JARDINE, MATHESON & Co., Tan, General Managers, THE HONGYONG Finh-InstRANCE Co., LTD,

Limited.

Apply to

MILLINGTON, LIMITED,

Advertising Agents,

EDGAR E. STROTHER, Branch Manager, 14, QUEEN'S ROAD, CENTRAL

Phone 25187.

January 30,

period "Milling-During the from December 7 (The date to which crashing returns were circulated to shareholders) to the January 18, the 311 has crushed and treated, &,310 tons of ore of an average value of 9.3 dwts, from which 1,991 ounces

fine gold were recovered.

Development,Details of the de-. velopment footage accomplished since the last report, supplemented by called reports, cover a period from October 12 to the January 4, ere as follows:

The development footage on the Jodes totalled. 454 feet, of which 42 feet showed an average value of 12.25" dirta, over an average, width f 64 inches. In addition to this footage on the lode, 181 feet of do- adwork was accomplished, com prised of sinking, driving, crosscut ting, etc. in country rock.

Cotton Mills.-Evos can be plac ed at Tia, 15.75. Shanghai Cot tons after having hardened steadi. 135 to Tls-107, are now on oller-at- this at. Zeong Bings have buyers

at The 13.10. (Continued at foot of next column;)

Nabbers-Business was done it Kempns at 81.22), Mentakabe 2 conts und New Soudais at 81.02. Colinsburghs are wanted, but Bukit Jelotongs, Teluk Tusqms and Tem erlohe are on offer in the market..

Industrials-Aine of Sing pore Cold Storage changed hands at $4.85, Stanton Nelson Profs, 82.50 and Fraser & Neave Prada nt 86.15 and $6.50. Straits Tradera are firmer with all buyers at 820.00. Straite Steamships are qui at 6235 middle, and there remain ayers of all the Preference Insues Union Insurane of Canton came to business at 8265 Straits, but Wearnes are still very scarce and 1

bargains have been reported. Malayan Collieries are available at $32.25 and Fraser & Neave. Ord. neglected at 813.65. London Middle Prices: Shell Transporte £3.19.0 British-American Tobaccos £3.19.0, Hong Kong Banks £107.10.0, Duffs 2/9, Dunlops 12/8 and Imperial Tobacons £4.5.0.

EXCHANGE RATES.

[DRITISH WINKLEAS: SERVICE)

Paris Now York"

SPECIAL

ROUND TRIP FARES

TU

EUROPE

Weekly Trans-Pacific Service

To San Francisco and Los Angeles

The Sunshine Bell via Donolulu

Fottulghtly saltings on Tuesdays

Pres. Ulovojand..Mar. 10, 1 s.m. Pres, Pierce......Mar. 24 Pre. Taft: Apr. 7

To Seatile and Victoria

The Short, Straight Route

to Amerith Fortalghily alfisgn.en Tucadaya Pras, Madison... Mar. 17 Pros Jackson...älar, 31. Prea McKinley ..Apr. 14

£120, £112 Special through rates to Europe via United States. Direct connections with all Atlantic lines. Choice of rail nes norces United States and Canada, ilberal step-over privileges for sight-seeing..

ROUND TRIP FARE TO EUROPE From Hoxo KONG to NAPLES

MARSEILLES,

H

LONDON

... 2102, 5. Od.

Full particulars upon application:

£101, 0. Od. £160. 15. 00.

Europe and New York Direct

ROUND THE WORLD

Prea. Van Buren Pren. Garbold

Fernig bli ailing on Sunday via Maafia, Kiraits, Colombe, Suez Canal, Alexandria, Naples, Genoa, Marociles, New York and Boston.

8 = m. Mar. 8 ...Mar. 22

To Manila 6 p.m.

à ..

Prou. Polk Pros. Adam

Apr. ...Apr. 19

5

Prea. Jackson

Pros, Taft

6 p. Mar. 24

• Mar. 98

Pres. Madison.......Mar. 10 Pres. Piore... Mar. 14

CANTON BRANCH:4, SEA KEY STREET.

DOLLAR STEAMSHIP LINES AMERICAN MAIL LINE

LLOYD TRIESTINO

FORTNIGHTLY PASSENGER AND FREIGHT BERVICE FOR

BRINDISI VENICE & TRIESTE

Via SINGAPORE, COLOMBO, BOMBAY, ADEN, SUEZ, and PORT BAID Taking Cargo on through Bills of Lading to Flume, Geus, All Ilalan, Adriatic, Lorant, Black Sex and Danabo Ports. Passengers to LONDON (Overland).

NEXT SAILINGS FROM HONG KONG

8.8,

**VENEZIA-L"

8.8. "GANGE"

M.Y. HILDA"

8.8. "PILSNA"

NV. "COL DI LANA

8.8. "CRACOVIA'

Por Shanghal &'Japan,

For

Blaga pere

18th Mar,

25th Mar.

-9th Mar,

12th Apr.

7th Apr.

19th Apr.

6th Apr.

-10th May

... 5th May

17th May

Oriward Voyage to Shangbai only. Passenger Steamers with First,

Becond and Becond Intermediste Passenger Accommodation, Sailing Datos subject to alteration without notice.

For Fright and Passages spply to

SHIPBUILDERS,

SHIP REPAIRERS, BOILER MAKERS,

FORGE MASTERS,

WELDERS,

MECHANICAL AND

ELECTRICAL

124.00)

4,83 95/32

Brussela

34.85)

Geneva Arnsterdam

93.23

12.12

Milan Berlin

02.72),

(20.43)

Copenhagen Stockholm

·Oslo Vienna

∙18,10) 18,13) 18.16

OXY ACETYLENE AND ELECTRIC

·34:56)

[1047

1021

375

817

ENGINEERS.

41

37 5/10-

35)

1/2

11

2/-13/30

13

12 15/14 15.20

Prague Haegfors Athens..... Bucharest Rio Buenos Aires Montevideo Bombay. Hong Kong Yokohama... Silver (spot) Silver (forward) Madrid

Rubbers. The price for the raw material is slightly higher at 4.1/100, por lb. An improvement is to be noted in several Shanghai stocks the latent cabled quotations for which are given below:-

Anglo-Javas Anglo-Dutch

Batu Alaps Chemors Consolidatedg

Kroowocks...... -Repal's

Tanah Merah Tebongs Ziangbes

Buyer

..Tls. 3,00,

-2.00

80

.00

1.70

1.80

1.00

1:00

DODWELI, & CO., LTD,

Agenta

OF HONG KONG, LIMITED.

THE TAIKOO DOCKYARD & ENGINEERING COMPANY

-DRY DOCK-

Length 787 Foot. Length on Blocks 750 Foot.*

Depth on Centre of

SIN (E.W.O.S.T.) 34ft 6 las

-THREE SLIPWAYS.

Capable of Handling Ships Up.

to 4,110 Tons Displacement Electric Crane at Bas Wall,

•Capable of Lifting 100 Tons

70 Feet Redias.

BUTTERFIELD & SWIRE, Agents,

HONG KONG, CHINA A

ADDRESS: "TAIK

SALVAGE TUG: “TAIKOO"

TIVO SCHIKKI

· V.P.G.N. 600. METERS.