1932-07-13 — Page 21

LEAGUE TENNIS

CRAIGENGOWER DEFEAT INDIAN R. C.

on the

home

Playing

courts, Craigengower defcated Indian Recren tion Club six sets to three in the Division of the Tennis League yesterday. G. Lal and Leonard nn. nexed three sets for the winners, and F. D. Pereira and M. O. Hoosen clulm. e two nets for the lonera. Scores:

Leonard and G. Lai (C. C. C.) beat F. D. Pereira and M. O. 1oonen, -3: beat A. H. Madar and 3. A. famul, 6-4: bent.A. K. Minu and A. K. Suflind, 6-2.

THE

HONGKONG.

TELEGRAPH. WEDNESDAY, JULY 13, 1932.

Application has already been made and accepted by the Committees of the Shanghai Stock Ex- change and the Hongkong Stock Exchange for quotations of the Company's shares.

1932.

.f

The Subscription List will be open at 10 am, and close at 3 p.m. on the 15th day of July,

UNITED THEATRES.

BANKS.

INDIA, AUSTRÀLIA & CHINA.

BANKING CORPORATION.

BANKING THE CHARTERED BANK OF HONGKONG AND SHANGHAI P. & 0. CORPORATION LTD Shanghai Taels 5,000,000 divided into 1,000,000 Common Shares of Shanghai Twels 5 each, fully (Incorporated in England, 1920).

paid and non-nasesanblo.

(Incorporated in the United States of America) Authorized Share Capital

ISSUE OF

450,000 Common Shures of Shanghai Trols 5 each par value, which have neen privately underwritten by the Promoters and their_nsqueiates,

and

|150,000 Common Shares of Shanghai Taels 5 each at par, which are now offered for public subscrip- E. Zimmern and R. Chon (C. C. C.)tion on the terms of this Prospectus and which have been underw Itten by Mesars. E. L. Elias & Co., lost to Pereira and loosen, 2-6; beat Madar and Ismail, 7-5: bent Minu and 10, Central Road, Shanghai. Suffiod, 0-2.

Howard and fachluma (C. C. C.) Jost to Pereira and Hoosen, 4-6: last to Madar and Ismail, 4-6 beat Minu and Suffled, 0-3.

"C" DIVISION. University Well Beaten by C.R.C.

Playing their "C" Division fixture on Monday, the Chinese Recreation Club neverly defeated the University, annexing seven of the nine sete. Scores;

A. B. Chau and I. ', Kho (Univer alty) lost to F. K. Lau and Y. K. Mow 5-7; beat S. W. Liang and H. S. Kwok 7-6; beat M. K. Lau and L. F. Han 0-3.

L. THai Oppenheim and (University) lost to Lau and Mov 0-6: lost La Liang and Kwok 5-7; lost to Lau and Hon 0-6.

A

B. Ng and S. Souy (University) lont to fau and Mow 6-7; lost to Liang and Kwok 5-7; lost to Lau and Lig 1-0.

Rrercio v. Indian R.C.

The Indian R. C. were convincingly beaten by the Club de Recreio at Sookunpoo yesterday 7% sota to 11⁄2.

Scores:

13.

J. J. Remedion and J. Gunsalves (C. de R.) beat M. P. Madar and 1. M. A. Raznek, 6.0: bent M. R. Abbas and A. A. Rumjalin, 6-0; beat A. R. H. Esmail and A. 1. Abbus, Gel,

Gosano A. P. Guterres and (C. de R.) drew with Madar and G.; Beat Abbas and Rum- Razack. 0.6; Jahn, 6-2: beat Esmail and Abbas, 6-1, L. A. da Rochn and G. A. Noronha (C. de R.) beat Madar and Razack, 4.0: lost to Abbas and Rumjulm, 3-6: bent Estonil and Abbas, 6-0.'

LAWN BOWLS

KOWLOON R. G. U.

FOR SATURDAY

teams have been

The following selected to represent the Kowloon Bowling Green Club in their lengue matches on Saturday:

1st Team v. Civil Service at Civil Service.-R. Duncun, D. W. Phillips, R. S. Nichol, A. M. Holland, (Skip); S. Bent, 11. P. Stoneham, H. Nish, W. Russell, (Skip)- G. N. Mitchell, Αν K. Taylor, E. W. L. Hoghin. Gow, (Skip).

2nd Team Yacht Club at Kow- Bowling Green Chub C. L. Icon Farmer, J. S. Logan, W. E. Hale, W. S. Drake, (Skip): J. Rolger, V. J. G. Meyer, P. L. Rapley, Labrum, (Skip); F. V. Whitt, C. Hatt, T. Gooding, V. Petherick, (Skip).

HOLED ON SLIPWAY,

MISS ENGLAND III MEETS WITH ACCIDENT

Loch Lomond, July 12. Lord Wakefield's Miss England III, which cost £10,000 to construct, was badly holed to-day while being Laken down the slipway for the at- tack on the world's water speed re- cord.

The boat was being lowered into the water when the slipway collapsed and a piece of the rail penetrated the hull. The hole is being repaired, and there is a possibility that the trial will 1x held to-morrow. Reuter

I.I.D.

CERTIFICATE.

Of the Societe Internationale de Placements, Basic, (Local Agents Messra. A. Gocke & Co.)

Tuesday's oflicial quotation in Basle: £2 129. d.

The retiring girl is not

necessarily shy.

Authorlard Capital .... lobocribed and Pald Up Reserve Fund

Reserve Panda--

Sterling ....

Silver

Incorporated by Royal Charter 1383,

[Authorland Capital

Isened and fully Paid-up

.850.000.000

20,000,909

DEAD OFFICE:~LONDON,

• $3,000,000 Paid-Up Capital

$,000,000 £5,000,000 averra. Fund **

2,894.100 Nurve Liability of Propreltora .. 1,000,000

180,000

£8,500,000 .$15,000,000

PENANG

BANGOON

BAINON

* SEMARANG

DERERDAN

SHANGHAI

HEAD OFFICE: 117-121. Londenball Street, London, E.Q. S.

WEST END BRANCH. 14-14, Cockapar Street, London, S.W.. BRANCHES :-Bombay. Calcutta,

Kongkong,

Applications for the above shares should be made in the form accompanying this Prospectus Colombo. through any of the Company's Bankers for and on behalf of the Company as follows:-

CAPT. R. E. SASSOON

T. G. WEALL, Esq.. LO KAN, Esq.,

JAMES BACKnouse, Esq.,

Ko LEONG HOF, Esq.,

GRANT MARK, Esy..

F. W. SUTTERLE, JR.,

F. J. Schunt, Esq.,

R. K. BUTLER, Esqu

Taelson application.

DIRECTORS

Director of E. D. Sussoon & Co., Ltd. Director of Dodwell & Co., Ltd.

Managing Director of Hongkong Amusements Ltd., iongkong. Chairman of Board of Directors of Hongkong Amusements Ltd.. Hongkong.

Managing Director of Ho Hong Bank Ltd., Hongkong, Director of Hongkong Amusements, Ltd., Hongkong.

General Manager of China Finance Corporation, Federal Inc., U.S.A., Shanghai.

Vice-President and Treasurer of China Realty Co., Federal Inc.. U.S.A., Shanghai,

AGENCIES AND BRANCHES. ALOR STAR KOILO AMRITSAR Iron DANGKOK KANAOMI DATAVIA

SINGAPORE SITIAWAN BOURADAYA

(Dhuket)

Reserve Ziadilliy of Proprietors ...$30,000,000

HEAD OFFICE: HONGKONG,

BOARD OF DIRECTORS.

Hon. Mr. J. J. Padotna,

Chairman,

T. E Peares Erg, Deputy Chairman.

Hon. Mr. W. II. Dell, J. A. Plumnow, Bag. A. H. Compton. Esz. T. XL. II. Bhaw, Wis.

M. T. Johnson, Eng. J. P. Warren, Esq.

G. Miskin, Des..

V. M. GRAYBURN EG. CHIET MANAGER,

BOMBAY

KLANG KODE

CALCUTTA

Calleut, CANTON Madras, Shanghai, CAWNPORE

CEDU

KUALA

LUMPUR

KUCHING

DELMI HAIPHONG HAMBURO HANKOW NEW YORK GARDIN

PEPING HONGKONG (Pellog

MADRAS

TAIPING TRIENTS IN

MANILA

TONGKAH

MEDAN

TSINGTAO

YOROHAMA

ANDY

ZAMBOANGA

Foreign Exchange and General and Fixed business tranenstad.

Current Accounts

all opened

Itzad your of shorter Deposits rived for one

rates periods at

which will be quoted on application.

BANGKOK BATAVIA

CALUUTTA

CANTON СПЕРСО COLOMBO

A. I FERGUSON,

Manager. Ilengkung, th July, 2083.

THE YOKOHAMA SPECIE

HARDIN

Singapore,

AGENCIES:-In all the principal towns of co

COLOMBO the world.

General Exchange and Denklog Eataess transacted. Lowns and overdrafts granted an approved security. Current and Fixed Depoelt scroute opetred.

SAVINGS BANK ACCOUNTS—Interest allowed at rates which may be obtained an application.

TRAVELLERS' LETTERS OF CREDIT and TRAVELLERS' CHEQUES sed,

OF CREDIT PASSENGEFY LETTERS for use only on board P. O, and B.. Home Line steamers, and at Ports of Cell,

British Income Tax Rocovered. Executorships and Trusteeshies undertaken

W. J. WADDINGTON.

Manager.

Vice-President of China Finance Corporation, Federal Inc., U.S.A.. THE BANK OF EAST ASIA, LTD. Shanghai,

Director of China Theatres, Ltd.

SECRETARY AND REGISTERED OFFICE

J. A. TURNER, Esq., Chartered Accountant,

9. Avenue Edward VII, Shanghai.

BANKERS

THE CHASE BANK, Shanghai and Hongkong. NATIONAL CITY BANK OF NEW YORK, Shanghai and Hongkong,

SILANGHAL COMMERCIAL & SAVINGS BANK, LTD, Shanghai.

SCHUBL

SOLICITORS

DAVIES & X. B. LURTON. 141 Szechuen Road, Shanghai, TEESBALE. NEWMAN & Co., 15 Peking Road, Shanghai,

AUDITORS

SETH. MATLL & MELURE, Chartered Accountants

9. Avenue Edward VH, Shanghai.

GENERAL OFFICE

Dis. Szechnen Road. Shanghal PROSPECTUS

The objects for which this Company has been formed are as contained in the Articles of In- Corporation and Bye-Laws of the Company, and in particular to acquire, take over, operate and control a group of the leading motion picture theatres throughout China and the Orient generally.

Mr. Lo Kan, who has consented to serve as the first "Managing Director of the Company, is well known throughout the Orient and America as a pioneer in the motion picture business in China and Hongkong. He has had a long and wide experience and has a specialised knowledge of all branches of the cinema industry, Mr. L K has achieved outstanding success as one of the promoters and {} Managing Director of the Hongking Amusements, Ltd., Hongkong, since its inception, and he directs; or controls more than 30 of the Eating einen-theatres in China and Hongkong, of several of which be is the owner, and some of his several appointments are as follows:-

Managing Director:-

HONGKONG AMUSEMENTS, LTD.

CHINA THEATRES, LT",

Director.

YANIITSZE AMUSEMENTS, LTD.

EASTERN AMUSEMENTS, LTD,

Member of Committee of 3fanayment :---

CATHAY AMUSEMENTS, LTD..

Chairman, Board of Directora

NORTH CHINA AMUSEMENTS, LTD.

Part of the proceeds of the present issue will be used to acquire :-

{(2)

Control of a minimum of 40 of the leading motion picture theatres in Shanghai and out- purts under an agreement entered into between Mr. Lo Kan and the Company.

thy A majority share interest of the Hongkong Amusements, Ltd., under an agreement enteiså

into between certain shareholders of the Hongkong Amusements, Ltd. and the company. Control of the Puma Films, Lad, and the Theatre Equipment Co., Ltd.

(^)

.

The estimated cost of obtaining this control is Tis. 2,300,000.00 and is based on the past working of the theatres at present in operation.

It is intended to use the balance of this issue, viz., Tls. 700,000 for the erection of studios and the production of Chinese pictures and aise for obtaining control of further theatres where advan- tagemus to the Company.

Negotiations are at present in progress for the lease on long term of 22 mow of land for the erection of studios. Modern equipment for the taking of sound pictures has already been purchased and an expert from the Radio Corporation of America is due to arrive in Shanghai shortly to supervise the erection of the studios and the installation of the equipment. The Company intends to lease studio units to local companies and to encourage further Chinese companies to make sound and talking pic- tures. Not only will the Compary obtain a handsome return on its capital by leasing these units, but will also obtain a first refusal on all pictures produred at the studion,

When it is realised that pood Chinese pictures run in the cheaper-priced theatres longer than any foreign picture, the vast possibilities of Chinese pictures will be recognized.

There are less than 100 modern theatres in China, a strikingly small number when compared with he approximate number of 1,400 motion picture theatres in Japan, ilustrating the immense potentialities of the motion picture business throughout China, which is at present in its infancy. ¡

The theatres to be acquired will accommodate the release in China of the principal foreign prochicers with whom the Company, through Mr. Lo Kan, will have the advantage of favourable contracts already entered into, and to afford releases of Chinese productions which will shortly. be available from several Chinese producing companies.

12 Jargo

The Shanghal theatres will be well distributed throughout the city and ench is especially designed to fulfil the particular requirements of the community in which it is located. the consolidation of from Among the many obvious advantages to be obtained group of motion-picture theatres under centralised control, operation and management, may be mentioned considerably reduced overhead expenditure, and increased revenue resulting from a selected distribution and better exploitation of the latest pictures,

By having a chain of theatres under unified control the Company will be able to establish purchasing oflees in the picture producing centres in the U.S.A. and England, enabling direct contact to be maintained with some 26 or more producers who have no direct representation in China at the present time.

The issued Capital of 600,000 Common Shares of Taels 5 each par value has been fully underwritten, of which 160,000 Common Shares are now offered for public, subscription in the terms of this Prospectus. If more than 150,000 shares are applied for applications exceeding 1,000 shares from each applicant will be allotted pro rata to applications.

The original Directors have been granted the option of acquiring at par (Tacls 5 each), within one year from the incorporation of the Company, 60,000 shares of the unissued Capital of the Company.

Applications for shares should be made upon the form accompanying this Prospectus and sent to one of the Company's Bankers at Shanghai or Hong Kong together with a remittance. Where the number of shares allotted is less than the number applied for the surplus will bo

returned.

A brokerage of % will be pald in respect of Share Allotments made on applications bearing the stamp or signatures of Members of the Shanghai Stock Exchange or Hong Kong Stock Exchange.

Prospectuses and Forms of Application can be obtained at the Company's offices, from the Company's Bankers, Members of the Shanghai Stock Exchange, Members of the Hong Kong Stock Exchange, Messrs. E. L. Elias & Co., 16 Central Road, Shanghai. Dated at Shanghai the 7th day of July, 1932.

Established 1918,

HEAD OFFICE: 10, Des Voeux Road, Central,

DAINEN POOCHOW

HAIPHONG

HAMBURG MANKOW

SIUNGKEW ILOILO

101 JUNORE

BANK LIMITED,

Capital (fully paid op)......... 100,000,000 1 KUBE

..... 117,800,000.00 | KUWLOON Reserve Fund

TEAD OFFICE:---TOKOHAMA.

HONGKONG. Capital & Surplus over H$8,000,000 Ba Total Resources over H$30,000,000 Bombar

Alexandria

Berlin

Calcutta Canton

—

Branches and Agencies 1

Honolulu Tangoon

to de Janeiro

Kal Yuen

Karachi

Kobe

Every description of Banking Changchun and Exchange business transact-Datren (Daing)Nazunk! ed.

San Francisco

Beattle Semarang Shanghai

Bhimonoseki Singapore Seurabaya

London

Los Angeles

Manin

Current and Fixed Deposit Ac- counts In local and foreign cur- Bunkow rencies opened for clients,

Fenglien

(55ukden) Hambur

Nagoya

Newch WADE

New York

Sydber

Osaka

Tientsit

Harbin

Parki

Tokyo

Savings Account and Safe De-Hoogkeng posit Boxes.

Branches and Agencies all over to be obtained on application. the world.

Palping

Thingtau Interwet allowed pa Caremont, Depuesta received for fixed parkuda að enter

M. MORL

MIDANT.

KAN TONG PO,

Chief Manager.

PILSENER

LAGER

BEER.

"Blue Girl" Brand.

The most suitable Beer

for the tropics.

Distributors:~~~~

Sang tại Chan Yuen Kwan Tye Tyo Shing Nam Ring Loong

Hongkong. 21 May, 1962.

THE HO HONG BANK LTD.

(Established 1917).

HEAD OFFICE-SINGAPORE. Local Branch:-

13, Queen's Road, Central. Authorised

Capital

Issued

}}

Reserve Liabilities

Paid-up n

of Shareholders

DRANCHES —

LONDON LYONS

MALACOA

MANILA

MUAR (Johor) MUKDEN

NEW YORK

PRIPING PENANG BANGOON

SAIGON

BAN FRANCISCO BUANGHAI

BINGAPUN- SUURABAYA SUNGE PATANI TIENTSIN TOKYO TSINGTAO | KUALA LUMPUL TUKUHAMA

Current Accounts opened in_Local Currency and Wized Deposits received for one year of shorter perioda in Loyal Currency and Bierling on teria which will be quoted on application

Bukony, th April, 1982.

HONGKONG SAVINGS BANK.

The Business of the above Bank la conducted by the HÙNGKONG AND SHANGHAI BANE- ING CORPORATION, Rules may be obtaine on application,

FOR THE HONGKONG AND SHANGHAJ BANKING CORPORATION.

Y. M. GRATBUEN,

Chief ManaJENE. ilsugkuda. 471h Fabrusty, 1932.

THE NATIONAL CITY BANK OF NEW YORK.

HEAD OFFICE: 66, Wall Street, New York. Capital, Surplus and

Undivided Profits. US$225,508,775.00

Branches

ARGENTINE

BELGIUM BRAZIL

Straits $20,000,000' CHILE

##

1

8,000,000, CHINA

CUBA

4,000,000 COLOMBIA

DOMINICAN 4,000,000 REPUBLIC BRANCHES and AGENCIES in INDIA the principal cities of the world.

Every description of Banking and Exchange business transacted.

KO LEONG HOE,

Managing Director.

ITALY JAPAN

LONDON MANCHURIA

MEXICO

PANAMA

PERU

PHILIPPINE

IELLANDS

PORTO NICO

@TRAITS

BETTLEMENTS URUGUARY

VENEZUELA

Commercial and Travellers' Letters f Credit. Travellers Cheques, Bille of Exchange and Cable Transfore brought and sold. Current accounts and Savings Bank accounts opened and. Fixed Deposita in local and foreign currencies taken at rates that

BANK OF CHINA. may be ascertained on application to

the Bank.

We are also able to offer our Recorganized October 26, 1928, "ander special

tho Bervicos of the charter of The National Government as an (Customers

INTERNATIONAL EXCHANGE BANK. Branches of the International Bank Subscribed Capital

ing Corporation in Spain and also of The National City Bank of New York, (France) SA, in Paris and Nico.

Paid-up Capital

Reservo Fanda

..$25,000,000,00 24,710,000,00 .... 8,820,005.02

HEAD OFFICE:-BHANGHAI.

BONGKONG BRANCH,

4. Quvon's Road, Central, Owing to our numerous branches in China and large connections in the Important com- mercial centron of the world, we are able to extend to our client special facilities for domestic and foreign banking and exchangs We also bandle the base of Donde and sther Pubile Funds of the Chinese Govern- ment both at home and abroad.

BHOU J. CHEN,

THE MERCANTILE BANK OF INDIA, LIMITED.

Lead Odres 15 Gracechurch Birret. Landen, B.C. 3.

Authorised Capital

Subscribed Caplial

Paid Up Capital

Ites ve Fund and Rest

BANKERS.

R. M. McLAY,

Maneger.

Hongkong, 4th March, 1982.

NEDERLANDSCHE HANDEL MAATSCHAPPIJ, N.V. (Netherlands Trading Society).

.. BANKERE

KSTADLIGNED 1824.

Hongkong Ofeet 11, Queen's Road, Central Authorised Capital Paid-up Capital

Ieserves

£3,000.000 1,800.000 1,050,000

1.217,027

The Dank of England & Midland Dank. Ltd.

RANCHES

Kuantan Kandy

Tol. 20904

"

Belaria Bangkok 21923 Bombay

Howrah Ipoh

20891

Caleutta

+

21859 20351

CANTON AGENTS

for

The

Hongkong Telegraph.

THE SHAMEEN PRINTING PRESS, LTD.

83, B.C. Shameen. (Nr. British Bridge). Tel. 12037.

Colomba

Delhi Galle Hongkong

Madras

New York Tenang Rangoon

Bbangbal

Karachi

Kota Bharu

Bimla

Kuala Liple

Singapore

Kuala Lumpur Hoerabaya

Part Loule (Mauritius) HONGKONG BRANCH.

Every description of Banking and Exchange business transacted.

Travellers Cheques laated.

TRUSTEE AND EXECUTORAILIPB UNDERTAKEN.

Interest allowed on Current Accounts and Fixed Deposita ut Imion that may be ascer tained on application.

J. D. KOSA.

MASSAGE

Mhanger.

..... 160,000,000

.F. 80.010,000

.P. 24,015,099

Head Office:—AMSTERDAM”

Extern Road 0@ct:~BATAVIA

BANCHES-Bandiermann, Dandown,*

Bombay, Calcutta, Charthom Djerber, Diokjakarta® The Harve," Jeddah. Kobe, Makmu zar, Medan, Palembang, Paka Jasraf, Penang Hamoo Rotterdam, Gemarang.* Bhang ba),

Hingapore, Soersbala,

$ Boerakarta, (Solo), Tegal, TIL Inap and Weltevreden.

• These olives have safe deposit boxes to bet London Bankers:—National Provincial Bank

Ltd.

Correspondents all over the world,

BANKING BUSINESS OF EVERY DESCRIPTION TRANSACTED. A. STOEKINI,

Manage

Hongkong, 22nd June, 1982.

THE BANK OF CANTON LIMITED.

ESTABLISHED 1912,

Head Office:-Nongkong.

Authorised Capital ...........

Reserve Fand

MR. & MRS. Y. MORI Fold-Up Capital

Holder of Japancio Govt.

Licenco. From the 1st May, 1932 Mesnaye fees will be reduced $2.00 for one treatment at office and $8.00 to $4.00 for one treatment outside. Jet floor, 4, Wyndham St. Tel. 26051.

| BRANORES +--

3.445.000 1,100,000

Carton, Shanghai, 'Hankow, Buston, Bangkok, New-York and fan Fran ala.co. LONDON_BRANONES |——

The Lloyds Bank. 'Limited. Correspondents in all principal eftim of i

work.

Foreign Exchange and Banking, business every dusariation traneneted.

Safe Deposit Boxes (various) užsak) yearly' rental of from 65 to $46,

SOOK POONG IRAN,