1932-05-19 — Page 11

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ADVERTISEMENTS.

THE CANTON-INSURANCE,

OFFICE, LTD.

NOTICE TO SHAREHOLDERS

THE FIFTY-FIRST ORDINARY

THE

GENERAL MERTING of Phareholders will be held at the Offices of the undersigned on Thursday, the 19th May, 1982, at Noon, for the purpose of receiving the Report of the General Agents, together with a statement of

INTERPORT

CRICKET.

RAIN MAY MEAN A **WASH-OUT.”

"BIRDS BATHING. IN WATER.

LOGGED WICKET.

Judging from two telegrała re-

counts for the year ended the 81stceived by the Hong Kong Cricket" December, 1881.

The Shara Rep ster and Transfer Books will be closed from the 5th to

the 19th May, 1992, both days

inclusive.

JARDINE, MATHESON

& CO., ITD.

General Agents. Hongkong, 24th April, 1982.

[2138

THE CHINA FIRE INSURANCE COMPANY, LIMITED,

NOT

OTICE 18 HEEDBY GIVEN that an EXTRAORDINARY GENERAL MEETING of THE CHINA FIRE INSURANCE COM. PANT, LIMITED will be held at the Registered Office of the Company,. Union Building, Victoria, Hong Kong, immediately after the conclu sion of the Annual General Meeting, which takes place on Friday, the 27th May, 1982, at 11.16 .. when the subjoined Resolution will be pro- posed

That it is desirable to capitalise asum of $1,600,001 being part of the undivided profit of the Com- pany standing to the credit of the Extra Reserve Fund and for that purpose-

it

Club, it would appear that, owing to the extremely wet weather in Shanghai, chances for commencing the Interpart match to-morrow are extremely remote.

HONG KONG DAILY FRESS THURSDAY, MAY 19, 1932.

Money and Markets

SINGAPORE STOCK COMPANY MEETINGS

MARKET.

FRASER & CO.'S WEEKLY REPORT.

Mosura. Fraser & Co., Singapore, in their weekly report, dated May 14, state:

INDO-CHINA STEAM... NAVIGATION CO., LTD.

NO DIVIDENDS TO BE PAID THIS YEAR.

During the past week there has sided at the annual general meet- The Hon. Mr. J. Paterson pre been practically ho business toing of the Indo-China. Steam Navi- report in any section of the local gation Co., Ltd., which was hold The cables received are worded share market. On an obviously in the Boardroom of Messrs. Jar na followe

nervous market the price of Tin has Auctuated sharply during

The announcement of the period. Byrne Scheme advocating 1,, com

Beerived as Tuesday:

tho

Bun appeared furtively, 11.45; disappeared definitely 11.52; rain again threatening ground compléte stoppage of the Tin industry pletely waterlogged. Given every-

for two months, coming immediate thing favourable hereafter, the only solution will be commencing on Friday'

Received on Wednesday:-"

"Further delige renders Fri- day start practically impossible! Birds bathing in wicket; forecast more rain; players practising on matting on concreto pitch. Mit choll slightly better; temperature 101 Regret no

more cheerful DOWS,***

It will be remembered that the 1030 team which visited the nor thern part were also accorded a very "wet" reception, for so much

dine, Matheson & Co., yesterday.. Among those present wore Mosare. AH, White ad M. Johnson (directors) and Mesars W. M. Railton, Ho Iu, Ho Leung, M. H. Lo, T. F. Lourensen, H. W ly on the top of the International Dulley Ho Tang Ying, Chan Wing, Tin Committee's recommendation P. Tod, T. B. MacDonald· A" for a 20,000 ton cut in the Tin Ritchie (auditor) Ho Kwong, A. Quota had the effect of inducing Murdoch, N. L. Hailtod, J. Bap.. considerable beying activity and tista, A. C. Wilcox, M. K. Lo and the price of the metal rose to"

A. M. da Silva (shareholders). £132:10,0 Subsequently a decision of the Chinese Minors "adverse to the scheme and a genera; dopht au to its practicability caused 题 renetión Chairman said that the year under : and the price closed at 212.13.0. | review began in depressing oiroum2 There has been a small business instances, and it appeared as though. the more speculativa tin counters they were inheriting all the diff although considerable activity was culties of 1930.

so that the game has to be loftported In Sterling shares in drawn. From what can be gathered from the above mesangre, it would seem thus the present team is in for very much the same, if not worne, fato,

unless things take a turn for the better immediately.

(n) Should the Hong Kong Dollar "equivalent of tho Extra Reserve Fund on the 18th June, 1932 be not of the value of $1,600,000 then there shall be transferred from the Re- We do not understand the refer insurance Fund to the Extra Reserve Fund such a sum aa

ence to Mr. E. J. R. Mitchell's tcm- wil with the amount now

perature but after weking informa standing to the credit of the bien from reliable sources, w Extra Reserve Fund make up

believe it to be a "leg pull." the sum of $1,600,000.

(b) A call of $90 per shera is hereby made on the abare. holders of the Company appearing on the Register of shareholders on the 27th May, 1932 and such call aball be payable on the 13th June, 1982 to the General Manager at the Registered Office of the. Com- pany..

(e) That for the purpose of pay

ing the aforesaid call of $80 per share a special dividead of $80 per share is hereby dev clared payable on the 18th June, 1902, and that such special dividend be applied on bohalf of the shareholders by ths Directors in satisfaction of the call of $60 per share.

Dated this 11th day of May, 1932.'

By Order of the Board, PAUL LAUDER,"

General Manager.

[2204

THE HONG KONG JOCKET CLUB,

RAFT Programmes and Entry

KOWLOON GOLF.

OPEN FOURSOMES SEMI-FINALS.

The so-inals of the Open: Four- somes of the Kowloon Golf Club was played during the weds and and resulted as follows: —

Taylor and Mokavic defeated Charman and Buller, 4 and 3.

Braley and Eastman defeated Thomson and Wilson (after, a re- play of 18 holes) by ons hole,

NOTICE.

As from To-day's date we have anthorised Mr. THOMAS ROSE MACDONALD to Hot s Manager of our Insurance Depart mont during the absence of Mr. FREDERICK CHARLES HALL

JARDINE, MATHESON.

& CO., LTD.

Dorms for the Seventh Extra Hongkong, 18th May, 1982.

Race Meeting to be held on Saturday, 28th May, 1932 (weather permitting) may be obtained at the Becretary

Offloo, the Club House. Happy Valley, the Hong Kong Club, the Sports Club, and the Stables, Village Road,

Entries close at 12 o'clock Noon on Thursday, 19th May, 1932.

D

By Order,

F. A. BLEAP,

Asting Secretary.

R

PUBLIC AUCTION.

[2190

DARTICULARS & CONDITIONS the Sale by Public Anction to

be held on MONDAY, the 23ED DAT MAX, 1932, at 8 r at the Offices of the Pablo Works Department, by Order of His BXCELLENT THE GOVERNOR

of One Lat of CROWN LAND at T Hoag Foad, in the Colony of Hong Kong, for a lem of 75 zoars, with the option of rennwal 'at a' Crown Rent to be fixed by the Surveyor of HIN MARSTÝ THR. 'KI, for one further term of 75 years."

PARTICULARS OF THE LOT.

Boundary

| yo. of Bats, I

Inland Lot

No. 3454,

Registry No.

Tai Hang Road,

Locality.

NO. 2459.

menta,

per

800

[2938

45,000 :

* Upset Pricel

(2206

YEE SANG TAI &:00.

EXPERT FURNITURE MAKERS.

BUILDING

CONTRACTORS

ELECTRICAL"

ENGINEERS

AND

XTERIOR & INTERIOR

DECORATORS

Also

Curios, Bronze, Jadestone ang. Porcelain For Sale At Reasonable Prices

963, HENNESSEY. ROAD Telephone 27885: Showroom: 360, HENNESSEY HOAÐ

"

Chairman's Speech.

l the course of his speech, thờ.

If that year went down as one London The announcement that of the most disastrous experienced. the Senate Finance Committed had by the shipping industry, the world approved of a five-cent import tax over, it is no exaggeration to say. Rubber caused a certain amount that its successor was even worse. of excitement in the, rubber market China's political problems, banditry, in New York byt locally the price labour troubles, taxation, serious bas Auctuated only within narrow competition, the continued fall in the value of the dollar, and the limits. Rubber shares continue quite world-wide depression in trade neglected. The Industrial market has were still to the "fore, with us in suffered from a continual stream of more disheartening by the appall the East, and matters were made selling orders and with buyers holding floods in the Yangtze Valley Tng off, business has been almost thuring the Summer." impossible. A fair amount of Loan 1931 reports, the Chairman said Quoting from one of Fairplay's has been placed round market that the taak of describing the quotations.

course of the shipping business dur- MINING. Kuchais have sellers ating the past year could only be handled by him who wrote the 4 cents, Penawats 37 cents, Kinta

story the suffering of Job."% Tin Dredges 78 cents and Malays Consolidateds at 8 cents. Asam Kumbangs have been placed at 23/6 therefore, that your Directors have It is not to be wondered at and there is enquiry for Tronohs once again to submit an unsatisfac 6 12/0. Bids Are wanted for tory report on the year's workings, Bangrins, Renong Consols, Feng: it is better than it might have But taking everything into account. kalens and Linguis. Raubs have been," the Chairman continued changed hands. at" $18.30 and The Company's been apprecia Malayan Collieries are enquired for tion of the assistance of H.M. Navy in making, the navigation of the at $10.75.

Middle River safe from bandite was INDUSTRIALS. Straits Traders un-recorded, and comments on the der the pressure of selling orders Hamkow floods that caused such ex, tensive damage to the Company's have again weakened and close with trade were made. shaves on offer at $22.75. Steamships, now quoted on the new basis, have sellers at 814.50, after

Straite

Keen Competition.

which threatens the future of Tisn

• No Dividend.

HONG KONG STOCK MARKET

YESTERDAY'S OFFICIAL

QUOTATIONS.

Marketa yesterday morning con tinued to show firmness, and rates," where altered, wore further mirked. up, otherwise Tuesday's higher levels were, fully maintained.

Hales,

Union Insurance 8470. Hong Kong Lands $771. Ewo Cottona Tls 13.60/11.70 Hong Kong Trams $21.40, Dairy Farma | 9:28.”.

Buyers.

China Fiza Insurances $500, Uhion Waterboats 890, Benguets $15.

Banquet Explorations 31 cents. Wharves $143). Docks $18).

Providents (Old) $4,00, Hotela (Cum, Rights) $12.80. Hong Kong Lands 877). Shanghai Lands Tix. 27 Humphreys $15./

Hong Kong Realties $11.30. Ewo Cottons Tls. 13). Hong Kong Trams #21.40. Peak Trams (Qld); $16).. Star Forries $90, " Yaumati Ferries (Old) 832). Yaumati Terries (Now) 831). China Lights (Old) 201 China Lights (New) $20. Hong Kong Electrics Macac Elsatries $24. Telephones (P.P. $23.80. Canton Loss $5.10. Cements (Combined) 818), Watsons (Old) $134. Watsone (New) $13.20 Lane, Crawfords (Old) $3.60, Constructions (New). $1.70. Wallace Harpers $12.

Sellers.

China Underwriters 84 South China Motors B19. Hotels (Rights) $2. 8.0. Enterprises: 88).

SHANGHAI SHARES.

LATEST CABLED QUOTATIONS

FANATIC MOB IN MID-PACIFIC.

ISLAND "PROPHET

"SHAKERS."

KING'S

AND

THEATRE

NATIVE MAGISTRATE FACES DEATH,

One of the strangest stories of a | religious upheaval, ever' told in an offcial document is contained in the Colonial Report issued on April 13, for the Gilbert and Ellice Is- lands Colony, a group of islands. in mid-Pacific..

The villagers of Ondtoa" Island, it, is stated, were incited by their na- tive pastors to persist in making a gift of copra, and to welcome "for the glory of God and form of "martyrdom which might be visit ed upon them in consequence.

י,

The gift was made, and there seemed to have been a heavy disap pointment because there was no 'im medinis "anrtyrdom." An extra; ordinary series of spiritualistic. seaticos. for the interpretation of dreams and visions was institutod," the roport states, and Barang, senior pastor, was the interpreter.

"End of the World" "Gradually the interpretation of the visions assumed an apocalyptio character. It was prophesied that the end of the world was coming;. that the Government and the Catho lic Church would be utterly des troyed; that God would visit Onoton in person: Barano wai proclaimed to be the Prophet of God. Later, his title was changed td Father, of God,' and his son (a') worthless character) assumed the appellation of God Almighty.

Two loose women came forward with the claim that they were re spectivaly Chriss. the Sufferer" and Christ the Forgiver: they were ac cepted as such. A body of women "called the 'Sheep,' or 'Shakers, was organised, whose function it was to attend the Prophet and shudder "strongly whenever he spoke.

Messrs. Carroll Bees, have just received the following cable quota tions of Shanghai shares:--

China Finance, Corp. Tis. 6.00. International Investment Trust

The alleged vision of a faming Co. (Ord:) Tla...8.70..

sword on the wall of the Prophet's Cathay Land Tla. 11.86.

chapel brought into being a band Tangleze Financs do. Tls. 6.70.

of youths who called themselves the International Assurance do The Soldiers and Swords of Gabriel,

3:50. VENE

*****and marched about in searjet loin. | China Realty Co. T. 11.00.

cloths intimidating all those who Shanghai Land Investment do.. were unwilling to join the mově-

ךָ.

New

Tis. 27.10.

ment,

Engineering and Ship "The native magistrate, a man of Buliding Werks (Ord.). Tle, | great moderation

and courage, 8.200

tried in vain to prevent theo dis- Shanghal Dock and Enginering orders.

06. Tla. 87.00, Shanghai and Hongków Whart

Oo. Tle. 217.50.. Shanghai Electric Construction

Oo. "B" Tls, 31.25. Ewo Cotton Mills, Ltd., Tls, 13.00, Shanghal Cotton Manufacturing

Go. 77.50.

Zoong sing. Cotton Mill, Ltd.,

Tis. 10.20. American Asiatic Underwriters

(Ord.) Tis. 26,50.” American Oriental Finance Corp.

"Tis, 24,25, Asia Realty B" Tls. 28.50

Insane Dance.

STAS.

"The climax of emotion reached when God did not visit Onotou on the day predicted. The woman who called herself Christ! fault lay at the door of the Catho the Forgiver announced that the

the island was an offence to the

·lics, whose continued presence on Almighty. It was then determined that a force of about eighty Barane, should proceed to the Gov- 'Swords' and 'Sheep, led by

ernment Station with the object of bringing down God's wrath upon the magistrate.”

yelling threats and contorting their The fores went "unarmed, bub bodies in an insane kind of danes. The magistrate had fourteen men and women with him on the sta tion; these he ordered to concent themselves in a house while, he went to face the fanatics.??

Anticipating death, and having prepared a sleeping mat, in native fashion, to receive his body, he stood, near the cohanes of the sta

Among the other things doalt with in the Chairman's speech were, the keen competition and senseless rate-cutting, the politicnl a small business at this figure, and situation in India, the restricted im- Fraser & Neaves offer at 89.75migration to the Straits, the re- Hammers huve sellers at 150 orurring silting of the Haiho River, near, while Wearnes are enquired lain sa a port, the tendency of Port ,for at 84:10. A parcel of Gam- Authorities to increase their mons made "$1.10 and Singapore sideration the depression through amount expended in a docking charges without taking into con Cold Storages came to business at which shipping woepassing and the and/or overhaul of any of the $3.50. A few Malacca Electric serious decline in the value of Company's vessels is placed as a Ords, were taken at 81.021 and the

silver.

charge against the Book Value of Preference shares changed handa at song and the " Wai Shing" were the Book cost shown of the unit 1

The wreckings of the Kwong each vessel and thus appreciating 31.05. United Engineers have sell also reviewed. ers at 85.25 and bids are wanted

The Chairman No. for Alexandra Brick Prefs, and

Captain Laufensen. "Will the Ords., Thornycrofts and Malayan.

Chairman consider the advisability Referring to the Statement of of making clearer in the Revenue Breweries London Middle Prices Accounts the Chairman said: It Account the actual net profit or in today's cable are sa under will be seen that there is a proft loss made by the Company's Flection, alone, awaiting the mob. He Shell Transports £1.16.0, British on

the working of steamers in lieu of the ambiguous phrase was" almost immediately, truck American Tobaccos £3.18.0, Hong amounting to £27,509.12.1. compar. Net Balance of Steamers Works down by one of the words of Kong Banks £100.10.0, Dunlops ed with loss of 16,167.18, 3 per ing Accounts" with its accompany riot, in which every member of the

Gabriel and his fall started 10/6, Imperial Tobaccos 0.16.9 cont, for the previous year. After ing Sterling amount?

·Courtaulde £1.10.0; Imperial providing for Deprecation and The Chairman. This is a matter Government party was more or less

and Unilevers Liabilities etc., it is proposed to of simple arithmetic, but in any seriously wounded.

transfer £74;178.11.7. from Contin case aince 1930, the amount of the gency Account and £14,818.16.6. loss has been stated in the Direr Tip Sold Price from Building Account to cover the tors Report. 2122. 6.0 100 BAL

Loss on Revenue Account; and up- 1.32.10.0 900 67.184der the circumstances I regret that 132. 020 100 66.87 is not possible to pay a dividend.

My Shareholder's Questions. 131 0.0 100 05.08 eid.

*** 125 06:00 Capt. T. T. Laurenson, D.8.0. 21/10d. 125, 0.0 100 02.373 asked the chairtaan the following

question:

Chemicals 33/0 £1.03.

1432.

May Rubber

4.... 2d..

... 2d

a'... Pl.

Ed.:

0

10

+

Tons

As no less sum than 21,177,910 has been written off as Deprecia RAUB GOLD MININGtion of the Company's fleet during the years 1919 to 1931, inclusive and COMPANY.

which amount is in excess of the Book Value at date of the Com pany's fleet, will, the Chairman ad- vise what percentage is used in computing the aanpal amount for Depreciation.

FINAL AND INTERIM

DIVIDENDS.

CHINA SUGAR REFINING

CO., LTD.

In the hunt for Catholics which succeeded two unfortunates were murdered; but providentially, the District Officer and a European missionary arrived at the island, and further bloodshed was avoid

The report olores with thess pro saic words: "Pesce has now been restored to the island, and all the guilty persons have beep daly punished. "

SILESIAN FATHERS.

PATRONAL BEAST ON

SUNDAY,A)

The general meeting of the China Sugar Refining Company, Ltd (in voluntary liquidation) was held at Jardine Board Boon, yesterday. when Mr. A. BStewart presided.

Others present wore Messrs. A, Ritchie (Secretary), N. L. H. Bail- ton,,, Murdoch, F. C. Hall and Ho Lengag

The adoption of the report and socourts was proposed by Mr. F. Hall and seconded by Mr. A Murdoch Me The Salesian Fathers will cele

Including a balance brought for brate this your their Patrons! ward of $3,608.65, the total receipts Feast of Our Lady Mary Help of for the year realised $93,186.14 Christinha on Sunday with a High The biggest item realised was Mass at 10 am They eermony will

The Chairman. The statement that 21,17%,210 the rise off from 1919 to 1981, exceeds the present Book Value of the Fleet is not oor reot as a glance at the published account will show. Depreciation divided by expectation of Hte which posed of during the your waile Gallagher, 0.J varies according to the class of sugar stocks, molasses over will be Veton and Bevelation

Is the afternoon at. 4. p.m. there

The Board of Directors of the Raub Gold Mining Co., Ltd. has declared a final dividend of ts. per share for the year ending March 21, 1939, and an interim dividend is based on first cost less break up, $74,600 for land and buildings his be preached by the Rev. Father of 2 per share for the year and ing March 31, 1933 both payable on

The transfer books are closed from June 2 to June 6, both days in- clusive,

Captain Laurenson Will the Chairman" "stafe

whether the

Continued of next da

$14,000

COMMENCING TO-MORROW

FOR TWO DAYS ONLY

BY SPECIAL REQUEST RE-SCREENING OF

SUN-

H

N E

U

E

STARRING

RENATE MULLER® JACK HELBERT OWEN NARES MORRIS HARVEY:

A BRITISH CTU

SFELBUNSHINE SHI AND FORGET ALL YOUT CARES

BOOKING AT THE

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